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Volume
167
Number 4709
New
York, N. Y., Monday, June 21, 1948
Price 75 Cents
'' 1'
b,,
,■'
iv'
;
a
? !. Jw* ■>/yfr
^
r''f
k"V**r
RAILROAD
PUBLIC UTILITY
-
Acme Aluminum Alloys, Inc.—Dividend Deferred-— *"•
;
./
The -directors
Aug. 1
have 'voted
to
defer
the
quarterly
dividend * due
the $1.10 cumulative convertible preferred stock, par $17.50.
payments of .27%-, cents each had been made up to and
on
Quarterly
Including May
1, 1948.—V.
165,
American Distilling
Profit
before
Federal,
the SEC
5,332,673
shares of common stock
(par ^-$1.25).
Lord, Abbetf & Co., Inc., New York.—V, 167, p. 2461.
Alabama Power
Under¬
p.
Prov.
;
•Gross
Int.-
1,144,127
19,528,646
305,195
3,765,105
outstanding--—
*''
$423,018
250,000
shard—1—277.7
pet
profit
48,766
585,193
sale
on
723,716
13,454,091
3,210,653
(3,750,491
4,378,219
717,5417:
taxes
1
debt-
269,597 "
243,622
5,088
5,004
60,635
5,488
41,151
Months
Ended
"
Marcji 31—
Common
$671,036
$730,860
$6,335,243
$3,746,625
$2,660,627
3,337,595
2,306,324
$409,030 "
36,102
For
105,000
1,260,000
.profit before Federal income
$445,132
$393,632
income
tax__
tax_L————
$354,303
Surplus : ndt" profit——u-——.
per share of common -stock—
■
i
165,234
$279,898
Earned
166, p. 2409.
V.
167,
$566,036
$625,860
!'•
Co.-
——
A
$1.00'
Net
has been
stock
the
formed.
declared
The committee
corporation's affairs
handled
being
are
it
is
Int.
1.948
charges—
2554.7
166, p.
It
be
will
"explore" into
to
proposes
also
19<*7
$4,896,350
102,697
—
$3,846,633
.
sought
"bearing
the
Income
preferred
Net
with
inconsistent
the
interest
apparent
subservient to him hi a
the
toy a committee
member as
Robert R.
ghany Corp.
Young,
'■J/-" ^V'The. committee consists
of
Harold
R.
,
The
No
stock
shares.—V,
♦Pfd.
ml**
charges,
166,
will
from
vote
500,000
plans have
167,
p.
June
,*»if,i.w»
i
^
of
record.
on
»The
In
a
16
with
1947,
.
W*
additional
DC-4s
retired
be
from
1
1
to
1797.
the
Amer.
Other
v
increasing the authorized.1
1,000,000 shares.
L
for utilizing the additional
on
' 7
;
'
of
the
United
aircraft
The
has
now
class
B
stock
stock
capital
resent
offered
of
the
sale
company.
financing
new
for
operation,
The
of
77.37%
of
sale
the
will
company
Office
of
Alien
(EDTi
Property,
July
on
received
120
19.—V.
at
Broadway,
America
New
York
Stock
New
York
Curb
Baltimore
'....
■
..
Pager
.
before
the
of
Bal.
stock
receive
does
no
not
part
the
Special
reserve--—-
the
New
York
5,
N.
Y.,
by
3:30
Exchange
(Bonds),——27
—31
Stock
•
Net
1948
$2,150,902
$2,021,885
796,658
766,468
150,175
130,717
$1,204,069
$1,124,700
1,298,475
432,825
Earnings
$0.93
®$0.87
to
166,
—
'
;
—
give? effect
p.
2554.
.
'
-
—
share-,———
per
♦Adjusted
1947.—V.
1
.
outstanding-—
shares
the
tc
,
Stock
Louis Stock
Exchange
Ended
♦Net
April
7
three-for-one
stock
in
split
June,
:
30-7
Common
shares
-i—
outstanding
provision for Federal income taxes.—V.
1947
$5,690,092
Earnings per commoir share—1—L————!
♦After
22,360,576
23,427,529
374,571
22,562,998
5,709,318
146,511
165,204
86,339
202,422
719,372
463,143
625,353
.....
\
!
22,333,586
5.397,603
6,400.376;
21,474,502
requirements applicable to respective periods whether
167,
2569.
p,
'
„
Stock
Toronto
;
v
7*
'
-
.
Bond
$5,091,054
173,862
293,229
253,566
$0.69
167, p. 2025.
253,566
$1.16
-
'
-
7
;1,187,495
outstanding-.—_.^
share.!—!——-—
166,
p.
sales
1948—5 Mos.—1947
""" S
'
Co.—Earnings1948
1947
$6,947,807
$6,403,437
623,334
238,000
taxes—.
379,524
144,300
taxes
*
1946
$3,308,820
3,591
:',.!7.x7
,
$235,224
539,990
$385,334
$3,591
539.990
539,990
$0.43
—
841.
$.
-•
167,511,881 156,357,129
-
,
profit
Capital shares outstanding—:
Earnings per share
p.
-7
Sales Increased 11.1%—
■" $
-—.—--——J-,—-.
167,
.1,187,495
Nil
$1.10,
1948—Month—1947
Net
—V,
1,187,495
......7:,
,
before. Federal
Federal
-280,000
*$915,607
:
32,140,803" 28,929,776
2246.
p.
1,016,900
$2.16
\ :
1574,
1946
$1,307,173
$2,559,732
$
167,
1947
.
shares
per
!
$35,521,056 $25,758,238 $15,570,692
4,513,632.
2,324,073
*635,607
taxes—,4.'-^..,—1,053,900.
...i„
Profit
—40
$0.71
$0.01
v..
40
—
Anderson-Prichard Oil Corp.—Earnings—
41
Markets
Quarter
EndJsd
Gross
,.26:
income
Profit
—45
Transactions New York Stock Exchange
and
tax—>
—i———
♦Loss.-—V.
Net
39
Stock Exchange-.—.————
Over-the-Counter
Income
Quarter Ended March 31—
—38
Exchange—-—,.
—
Federal
American Stove
.
,
—37
Exchange
31-r—! 71948
—„„,
before
before
Income
March 31-4-
taxes
►1947
1948
\
—
!
...
Income
taxes—
$7,044,335
-
1,875,019
•_
....
$4,523,790
854,415,
446,830
——i-i
217,716
$1,428,189
(est.)—„i--_—
$636,699
26
i
Averages...J.—26
Net
profit
Common
shares/ outstanding—-——
per
»Revised
share--
common
figures!—V.-167,
p.
638,013 ,'
$2.17
,r—
629,513'
-
/
$0.95
2246.
Miscellaneous Features
General Corporation & investment News-Cover
State and City Bond Offerings..54
St. Louis Listed and Unlisted Securities
Redemption Calls and Sinking Fund Notices_47
The Course of Bank Clearings..
Dividends Declared and
Exchange
——46
Payable——i.—..47
44
Edward D. Jones & Co*
Rates..
%...
Combined Condition Statement of Federal,
1948
.
——1—
profit
22,360,57b
23,406,698
97,975 V 7 20,831
214,685
unearhed.—V.
rales
—V.
37
Exchange..——
Stock
Reserve
Months
5,6i|343
—
Period End. May 31—
'
^American Colortype Co.—Earnings—
4
23,406,698
§611,343
:
Toronto Stock Exchange—Curb Section——,.44
Foreign
Sales
6,701,900
6.701,900
'
——
dividend
or
Sales
—.36
1947
etc
profit———
Capital
7 v'.i '
yA
,;TT
,
1
American Stores Co.—May
,36
Exchange.—,.
Transactions New York Curb Exchange.
(& Subs.)—Earnings-
—
133,028
7
consol. earned
to
Capital
Exchange.——
Montreal Curb Exchange
Department of Justice,
7
taxes,
140,657
,
J
6 Months Ended Maich
37
Montreal
rep-'
of
:
Net
Stock Exchange—,,—,,—36
San Francisco
outstanding
....
income
taxes
5,389,890
34,041
37,495
-i—.
•__:—
Earnings
—15
(Stocks)
37
Stock
Quarter Ended March 31
Profit
5,031,121
Light-—
taxes—,.
Earnings
Income
1,266,718
:ipcome_—
Income
r
St.
announces
167, p. 2561.
American Chicle Co.
&
Net' profit
Philadelphia Stock Exchange—,i._38
Pittsburgh Stock Exchange—...
—;
38
*
7, | A11 bids must be sealed and
'
Detroit Stock Exchange—
being
now
proceeds therefrom.
p.m.
7'.
New York >Stock Exchange
Los Angeles Stock Exchange-^——
States
constitute
.
the
and
Pwr.
Expenses
Quotations
Cincinnati Stock Exchange-———
a
summer
of a
prospectus constituting an invitation for sealed
purchase from him as an entirety of 535,882 shares of
common
stock .(par
$1).
The 535,882 shares of class B
common
•'•! 7:
•
Cleveland
June
during
airline
the
for
27,874,494
1,293,599
6,701,900
*
In This Issue
Chicago Stock Exchange—.
Issuance
bids
net
General
Attorney
28,578,476
announced
-
r"'.
:•
Boston
American Bosch Corp-—Asks Bids for Stock—
The
768,805
6,912,102
interests—...
Federal income
2569.
p.
164,405
8,032.994
mi¬
to
Net equity (as. above)_ J
Profit
month,
the
for
augmented during the
passenger
freight carriage.—V. 167,
|
1,605,666
635,541
American Steel Foundries (& Subs.)—Earnings—
highest
all-cargo
ton-miles.
will
146,758
.7
-
public
applic.
suvplus
previous figure
178,700,000 seat miles.
the
scheduled
in
4.200,000
which
scheduled
are
October,
American
to
-
equjty of co, in
'■/y- income of subs.7—_
$0.18
.
miles
last
scheduled
capacity
high of
Airfreighters
new
modified for
:
June,
cargo
reached
fleet ,of
seat
206,000,000
11,212,696
2,061,719
Secondary Offering-
—
.
225,000.000
10,871,929
399.359
divs,
♦Full
be
one
of
the
biggest months in the history of this
according to R. E. S. Deichler, Vice-President-sales. The
availability of new Convair Flagships and the airline's entire fleet ofDC-6s has enabled American to schedule an all-time high of seat miles
and cargo ton-mile capacity, he said.
V
'
with
3,004,591
573,604
41,066.910
'
Net.
$41,008
222,465
$1.05
(*» *
2554.
p,
28
shares
been
will
total
2,489,324
;
'
:■
American Airlines, Inc.—June Traffic Up—
A
(net)—.
public and other
nority,
167, p. 2461,
corporation
compared
41,328,397
Portion
28,000
228,473
——.
Stock and Bond
June
42,280,929
...i! ,7
$69,008
$240,804
outstanding—
stockholders
definite
second¬
ary distribution of 15,588 shares (no par) common stock
at $30 per share, net.
Dealers discount 75 cents.—V. 166,
P. 1781.
I,
7
'
;
10,480,457
surplus res.
Carl M. Loeb, Rhoades & Co., pn June 11 made a
.
261,487
11,242,680
plant acquisi¬
adjustments.^—
to
earned
Alpha Portland Cement Co.
178,562
Balance
George
Chairman;
Baxter,
Estin, Christian A. Johnson and Alexander Whiteside.—V.
42,102,367
American Metal Products Co.—To Increase Stock-* '
common
of the Alle¬
7
.
—_^.__
—
'K ♦Includes interest'
^
holders
Chairman
—
29,156,041 120,206,554 102,168.268;
10,489,078
Bra,621
income^
tion
1947
$401,404
*160,600
143,235,ITS *
manner
who enjoy a
senior position in ownership." the committee said in a letter mailed
to ail holders of the preferred "A" shares.
This "man" was identified
security
;
,;
'*: •;';'
"• *
.
11,197,487
45,193
Transfer to
—
Earnings per share
Information
domination of the
the
those
of
interest
—
profit
Capital shares
corporation's affairs.
upon
board's policies by one man and
taxes
•'
1948—12 Mos.—1947
39,645,119 162,308,921
deductions— ; 34.528.505
deductions
110,150
1948
..!"7$
45,725,992
revenues—
,;/77
STATEMENT
INCOME
1948—3 Mos.~1947
Amort, of
"not satis-
the best
in
9.8 %,
Co.—Weekly Input—
1948, the 8ystem inputs of subsldi«fi«4
237.104.000 kwh.,
an
Increase pf
over the corresponding week of 1947.
;
.
Corp.- -Earnings—
Quarter Ended March 31—
shareholders.
of
or
oper. revenues.
income (net)—
Gross
-Earnings—
Profit before income .taxes-,.—^1-47--,-—■—
7
protective committee for holders of the company's 5%%
"A"
lied"
$0.97
-
to
CONSOLIDATED
$207,982
$1.57
after
loss
^-V.
Alleghany Corp.—Preferred Class "A" Holders Form
'
kwh.,
!"••',
-
Other
American*La France-Foamite
Protective Committee—
.
10,
amounted
company
Operating
Open- rev.
2357.
p.
540,O«fe
$822,992:
842,872
7
Subsidiaries—$
185,650
•
Quarter Ended March 31Sales
$6,029,200
$5,075,243
-
American Ice
1,260,016
—
outstanding-,.!
the week ended June
this
of
39,323
Federal
Net
Balance
shares'
Period End. Feb. 29—
$7,289,217
105,000
income.——.:
pld. stock—.»
543,000
$815,592
——
American Power & Light
1947
X—
expense.;.:——
profit from operations.-——^——
income
-7——
vNet
—V.
on
-1947
1,370,991
1,358,592
Earnings per common share——.-.i!-—"
165, p. 333. : :
1948
sales
'
fe
J
profit
21,161,000
49,514
Net
r> v.
Net
»
1948
.Profit before Federal Income taxes—...
..."
Federal Income taxesw!.———!l.—.;
60,052
Cr4,216
Divs.
;it
166,
:
-1—^77.!.^ $43,827,795
sales -
American Hair & Felt Co.—Earnings—
Net
$9,521,744 $10,327,977
3,084,714
2,929,195'
$941,505 7 $984,975
deductions——
Other
n
Net
$4.38
Investments.—V.
of
Non-operating
income—
"
$3.74
Subsidiaries>
!
Quarter Ended March 31—
" $935,715 *$1,095,522.
250,000
250,000
$1.69
Co.—Earnings—
(Including Wholly-Owned
;
$2,156,211
1,060,689
555,575
American News
•
•
585,193
Amort. of debt discount,
prem. and expense—
'
7
1946
/'
Cost-of sales-and-other
operating
13,640,524
3,531,425
48,766
long-term
on
$3,206,779 $40,603,271 $35,673,991-
.334,000
taxes-—
income
,
•
$1,491,290
■
Net
■
plant
acqui¬
adjustments
General
1948—12 Mos,—1947
*•
1,479,132
7
depreciation..
of
sition
Fed.
$3,520.944..
expenses—!.
for
Amort,
■
1947
-
$682,287
259.269'
—
————
shares
♦Excluding. $1,654,209; net
497 •,
>3
Operating
1948
MISCELLANEOUS
-
—V.
Co.—Earnings—
1948—Month—1947
profit,
Earnings
covering
:Period End. Apr. 30—
Gross. revenue-———.
,
taxes;'7—'
Capital
The company on June 10 filed a registration statement with
',
77
.
taxes—
1181.
p.
Net.
.
Federal
INSURANCE
-
Co.—Earnings—
6 Months Ended March 31—.
-■
Affiliated Fund, Inc.—Registers Stock—
writer,
INDUSTRIAL
-
Condition
Federal
Banks
—
Statement of Member
Reserve
44
Banks of
System........
'
.
Established
,.f
7
1871
North 4th St., St. Louis 2, Missouri
,
-
...
.
—47
•
"
"""""
s
Members
St. Louis Stock
Chicago Stock Exch.
New
.
,
7
;
"£$"
.
New York Stock Exchange
Exchange
7- Phone
* ^
Chicago Bd. of Trade
York Curb Exchange Associate
.■
CEntral 7600
Bell Teletype
SL 893 7
M
;
2
sales
Cost
$9,999,692
——
$805,030
$2,293,253
327,659
335,997
$883,743
$2,620,912
.153,501
17,766
153,558
2,516
624,657
48,224
$2,872,819
595,742
'
income-———
sell., etc.,
Admin.,
Interest
exps.
(net).
expense
Frov. for
possible
for
65,000
235,475
Prov. for Fed,
inc. taxes
87,200
profit—————
$142,267
$0.08
Net
Earned
share-
com.
per
—-
.Leasing Co.—V.
2206/'"
166, p.
510,475
"
of
Name—
'
June
on
'•
16
approved
/y: '■/"
/'
■
proposal
a
United
the
r
k;
outstandlng„^i.L
shares
Earnings
change the
167,p, 2358.
to
%
designated
be
dividend
of
50
cents
$i;S64.811
$6,067,568
18,452
99,138
48,278
$1,676,551
$1,563,263
:- .'r 466,414
$6,166,707
1,689,556
$5,734,960
435,911
__J—~.
income
Net
-V.
t~~.
Income
167,
1948—12 Mos.—1947
:
$5,760,468 $23,456,137 $20,612,168
4,195,657
17,388,570* 14,925,485 *
$4,477,150
$3,971,228/
income
In*. and other deducts.,
$1,240,640
$1,116,849*
$5,686,682;;
1.763,732
842.
p.
per
1,144,806
$0.14
share
common
167, p. 2570..
"
,
revenuesr-.i^_^i__
$539,028
operating
revenue
deductions
517,760
,
Operating
.
••
Other
•
1,144,803;
<
$0.44 ,
Ltd,
Earnings—
1947 •->/%:
1948
i
265,075"/"-
Fed.
to
&
4,719
$46,880
$338,491
8,133
49,866
5,841
taxes
24,210
surplus
yy 15,390
:
%'
*$16,884
76,977
$23,357
$211,649
"Deficit,
/
(
Counties
Ice
liquidated
was
Co.,
wholly, owned
April 14, .1947
on
and
in this report
do not include tne results of
months owned—^V. 167,
%p.: jL692,;i y '■
•
The
has
company
petitive
bidding
advised
$5,.000,000
that
first
it
and
-
.
6,396
the
subsidiary
/
for
•//
The company,
asked
the
of
through
v
,r;
,
"
com-
/ "
v
subsidiary of New England Public Service Co. has %
authority to, increase its * short-term debt to a'
up to and including Aug. 31,
1948. The com¬
1948. had .outstanding $6,400,000 of notes payable to
of Boston, from which the additional
borrowings
May 24,
on
First
National
would
for
;
w
mortgage bonds.
*
the
; /./.
$9,500,000
pany
the
tl
a
SEC
maximum
sell
to
proposes
general
To Increase Bank Debt-r-
.
.
subsidiary; of the
earnings shown
the
Central Maine Power Co.—To SeR BondS:—
,
1946\--'
"
trust
'
13,167
•y
state ineome
NOTE—Three
company,
.
8,492
;
for
Balance
• 74,112 v
$326,847 <
2,862' *
'"4,056 *
268,332,/' 266,989/
*
$333,772
4,726
$20,493
income
$323,213 yi
)
1,989,502
* $42,154
•
£>r775
Total income deductions.-..
:y 82,741 'y/
81,942
$297,709
2,654
$2,323,274 *
423,392
$21,268
income
income
Gross
,.
Prov,
Canadian Malartic Gold Mines,
12 Mos.,'48
$465,546 !
•
v
'
1947"
1948—3 Mos
operating
/• : 613,296
1,144,803
Nil
'
?■'%'/■ y/%:*
Period Ended March 31—
Total
California Electric Power Co.—Registers with SEC—
•'
The company on June 9
filed a registration statement with the
SEC covering 75,000 shares of convertible preference stock'($20 par).
Underwriter, William R. Staats Co., San Francisco./' Proceed^-, will;be used for construction and improvement of company's facilities; and
for acquisition of property.—V. 167, p.
v-.'
equipment
as
Central Louisiana Electric Co., Inc
Total
505
Provision* for taxes.—
1,442 •
13,830
certificates,"
Series Z, and will mature in 10 equal instalments of $506,000, July 1,
$35,575
$20,983
$44,733
Operating profit for the period1949-1958.. Zv> •"/«%' / Vi ;\ .//'■> (• /,'. '/ //.//"/
/"./• V; /'/;// '%/%/ }■:
13,067
40,423
8,387
Capital expenditures.........
The certificates are being issued to finance not exceeding 80% of
NOTE—In the above figures no allowance has been made for depre:n
the net cost of 385 70-ton open-top steel hopper cars to be built by
elation,—V. 167, p. 842.
f
the Bethlehem Steel Co, 589 70-ton open-top steel hopper cars to be *
built by the Pressed Steel Car Co., Inc.; and two streamlined, light¬
1 Airlines. Inc.:
,n* '*■
% Capital Airlines, Inc.«-Income Statement—
weight passenger trains (each consisting of eight carsr to be built by :.
will
4,882,648
taxes„
oper.! fncome./i:y ^$l,655,404
(net)
21,147
Net
Other
% %
,
y
"542,098
'
266,33?
Common
.
.
.
>
profit after charges and income
taxes
June
certificates
The
and
exps.
Gross
1948
1947 ; y :
1946. *
$35,405,486 $30,576,776 $31,038,910
-
company
(EDT)
calendars, and /
in
quarterly
1948—3 Mos.-^-1947
$6,538,052
revenues
*
Oper.
l
(& Subs.)—Earnings—
Quarter Ended March 31—
/ % %
has sent out a request for bids to be received before y Tons ore
milled....^i_-_i.w.^w_i...
23 on a proposed issue of $5,000,000 of equipmentMetal production (gross) __—j
trust certificates to be issued under a proposed agreement and lease
Marketing charges
of railroad equipment (Philadelphia plan), dated July 1, 1948, subject^Operating ~ costs—
to the approval of the ICC.
'•"/■•/' v*/. •' /' y ■/. ' /?'///. /'/"/"-" v"/ '
*'. ■/'■ Administrative and general exp.
The invitations have been* sent to a list of 114 prosepctive bidders.
The
Period End. Mar. 31—
Operating
cards./,
Distillers Corp.—Stuck Distribution—
sales
Net
/'"'A*
Equipment Issue—
■/'
''
/;■/
Baltimore & Ohio BR.—Bids on
noon
playihg
\
^
Quarter Ended March 31—
•'
-
to Artloom Carpet Co., Inc.—-V,
of this corporation
'
and
novelties
a
.
on
June ,15 approved
a
pian providing. for < the yi§sue of $10 par 4% cumulative junior preferred stock
as a stock dividend on
the common stock at the rate y;
Butler Bros.
Net
/,/;%%//%
Corp.—Change in Name Approved—
stockholders
The
name
plastic
declared
Central Illinois Public Service Co.- -Earnings—
y
'•J
/'.% //"-
'
subsidiary
Artloom Carpet Co., Inc.—New
;
*
,
additional .working
provide
16
refund
to
an
"Loss.—V.
Artloom
,
two preferred shares for each* common share.
yy'J"y V: y
Application will b" mada to list the new preferred "Stock on* the %
New York Curb Exchange,—V., 167, p. 646.
-•,<*'"
'•*"
<
1
Metaline Mining &
l:.'- /•/.//;'
;
See Artloom Corp. below.
used
be
June
on
share on the common stock, payable July 3L to holders of record
July 9.
This compares with 37»/2 cents per share, paid in each of the
three
preceding quarters, prior to which the quarterly rate was
25 cents.—V. 167, p. 1920. -r ^
y
"
of
of American Gas & Electric Co-., has
asked the SEC for authority to form and acquire stock of a new
company, Appalachian Coal Co.—V. 167, p. 1465.
a
company,
167, p. 2253.
issued
be
to
Appalachian Electric Power Co.—To Form New Co.—
The
to
will
Corp.—Again Increases Dividend—
directors
The
per
stockholders
creation
;>
$820,194 4 $1,228,046
$0.71
$1.32
$319,200
$0.35
■ ■
portion of provision for loss on advances to
(Of
and
and
metal
Brown-Forman
The
in Inv,—
debentures
the
company was a pioneer in the field of advertising
believes it is the largest manufacturer of this product
States.—V.
fu¬
decline
ture
300,000
401,725
Celotex
Privately—
16 that it has placed
The
165,000
Cr65,000
of
sale
borrowings
goods,
leather
ucts,
,
rentals——
future
P;ov.
from
deducted
be
to
Debentures Placed
—
Monday, June 21, 1948
capital to finance the company's expanding business. * \
Brown & Bigelow is engaged In the design,
fnanufactuVe add sale
of a wide range of articles, including paper products, engraved prod¬
372,049
491,112
108,000
150,000
deplet,^w_«
loss on amount
and
seasonal
short-term
10,508
Cr9.ooo
„_w.-/,,,'
!
(■Cancellation
Eeprec.
the
from
Proceeds
$2,536,823
78,718
$550,734
(net)™..
income
Total
27,199,707
34,320,262
$496,192
54,542
sales-
on
,
7,371,377
9,503,500
sold
profit
Gross
Ct,her
y
goods
of
CHRONICLE
privately with four insurance, companies a new issue of
$5,000,000 Brown & Bigelow 15-year 4% sinking fund
debentures due June 1, 1963.
i, ;/
1948—12 Mos.—,1947
$8,176,407 $36,613,515 $29,736,529
1948—3 Mos.—1947
Period End. Mar. 31—
Bigelow
FINANCIAL
&
Reynolds & Co, announced June
(Including Wholly Owned Subsidiaries)
-
&
Brown
Co.—Earnings—
American Zinc, Lead & Smelting
Net
COMMERCIAL
THE
(2682)
Bank
be-made
from
time
to
Proceedk
time.
will
be
used
continue
to
company's 1948 construction program.—V; 167, p. 2463.,
'
*
1948—12 Mos —1947
■:'?
,
'
,
.
Pullman-Standard Car
'
,
*
*
Operating
.
:
'
.
1948
Quarters Ended March 31—
*
—_.....—..
$3,938,881
——
revenue
4.999,619
Opeiating expenses,
->
%4,-y; 1947-y
Period End..Mar. 31—
//operating
Operating loss
(net)
—
Operating income
Other income;
/
loss
Net
$231,411
expenses
$206,715
5,471,125
$1,060,738$2,214,500
.',- 185,120 yf!y 112,922
.......—..
...
deductions
Other
565,456
Gross
<
3,481
/
§
Income
deductions
.
Income
„
*
$772,171% $3,211,262
;:
•
$2,791,273
t
2,493,551
2.122,345
'
$717,711
$668,933
•
y,
White, President, on June 16 announced that the motive
power
improvement program of the railroad is being advanced as
rapidly as conditions permit. In addition to the extensive moderanization project of coal burning steam locomotives which the company has*
been carrying on for the last few years and which is now nearing
B.
Co.—Earnings—
1940---3 Mos.—1947
$906,749 y
675.338V
revenues
$3,256,625 ^ y; Operating
y
& Power
"
......
Manufacturing .Co.-
Modernization Continuing—
Roy
Central Ohio
3,208
,
%?
$233,892
%
io.46i
;;
10,439
$209,923 "! $728,172 /'
v%/'|
.
;
$679,372 "
r. *
37,467
' / % 33,455
186,459
153.618»
CONDENSED BALANCE SHEET, MARCH 31y 1948
>'* / • Prov, for Fed. inc;'taxes
64,241
B. & O. expects delivery of 160 new Diesel-electric
48,112 '
151,605 /
146,491
locomotive units during 1948.
// V ;y.',■>/./ '• .:/,/// -Z ///';*%:/;
ASSET8—Cash on hand and demand deposits in banks, $1,702,949;
-/ Net income ——'.y.
Of these new units, Coloney White explained, 100 will be switching
$132,184
$128,355 '
U. S. Treasury 11/»
$390,108
$379,263
notes, series A, due Jan. 1/;. 1949, ..'$1,000,000;
/Preferred dividends/y/y t
locomotives designed for use in
/ ■■ 10,800 :
busy railroad yards at Cincinnati,
10,300
44.854 "
accounts receivable,
$1,697,598; naintenance and, operatingy supplies,
y
43,200
Common dividends
Ohio; Pittsburgh, Pa.; Youngstown, Ohio, and Baltimore, Md., and / at
45,690
y 45,600
182,400
131,946
cost/ $348,234; inventories, $1,094,745; engines, equipment; and/.re-.y
'v -v..
v*
will greatly aid the smoke abatement being progressed
in B. & O.
placement parts purchased for flight equipment, ; orders tot which
Balance, surplus
yards at these points.
$75,784
$71,955
' „
' '
have been
$164,508
$202,463
cancelled and other property and equipment not in use,
% —V. 167, p. 1147.
/,,. The other 60 new Diesel units will be used in road freight service,
$1,917,248; property and equipment, at cost (net), $6,167,305; uncom¬
supplementing the present B, & O, fleet of 24 freight Diesel units..
pleted-property additions, $157,935; investments in ■ and advances to y,
All high-speed through B. & O. passenger trains are now Dieselized,
Central Power & Light Co
airlipe jservice organizations, $53,510; prepaid expenses and../deferred
Earnings—
including all trains between Western terminals at Chicago and St."
charges, $399,814; unamortized debt discount and;'expense and other ; / /• Period End. Mar. 31—
/1948—3 Mos;—1947
1948—12 Mos,—1947
Louis and Washington and
Neyir York. .The B, Si O.'s Diesel passenger
assets, $250,984; total,, $14,790,326. ';//%';#>. *
Operating revenues;/^
$4,711,455 /$4,167,066 $18,196,878 $16,343,784*'
fleet already numbers 58 units.
...>■?//.; >/,/vy.! yyy -/;//
LIABILITIES—Notes payable to,banks, $4,000,000; accounts payable;// Oper. exps. and taxes—
3,427,639
3,119,913 .13,406,211 ; 12,335,848
New deliveries, this year wilt practically double the company's pres¬
-
.
■
completion,
the
.
%
,
I
"A/%
*
.
•11
,
,
j
.
.
.
ent
Diesel
fleet,
service
in
power
road's
total
Bareco. Oil
On
June
shares
of
and by the
the B. &
7
beginning
will
O.
on
motive power,
1949
stock
common
(par
filed
was
$1),
to
with
the
offered
be
Underwriter, Kebbon, McCormick & Co.—V, 167,
SEC
at
$8
Barker Bros. Corp. (& Sub.)—Earnings—
Quarter End. Mar, 31—
Net
after
1948
sales
Net
15vi
1947
$7,114,324
for
.charges™—*.719.857/// 700,207
' 290,000 /
294,000
"
r
.
-
•
:V
<
$3,805,196 >
Cost
Net
Net, profit' ™™.%!/'
[Earned
$429,067
$406,207
-y
356,400
share,:
per
"Adjusted for the iwo-for-one
SELECTED
BALANCE
SHEET
stock split in
ITEMS,
% *$0.52%
liabilities
12,368,354
[Total surplus
*
™_
™™—;///
[—V. 167, p. 247.
' 10,123,199*..
5,204,159
"
"
per
—V.
p.
//
2,195,727
on
June
14
took
action
no
43,200
v
the
on
dividend
the
: y
Commission's
adverse
ruling is set for July 2
-
.,
-
The
■■■
portfolio
based
V
166
York
Curb
cretain
of
payment
167,
for
the
and
sale
par
and
assets
of
248
p.
•
167, p. 1691.
>
-
Ivins'
S.
,%
/
purchased them for investment of $1,500,000 4%
notes due May 1, 1958-1968.
per
p.
used
to
retire
and
reduce
short-term
!
^
bank
loans.;
|
share
I
subsldiary of Eastern Utilities
authority to borrow from time to
^
-
National
The
t
Bank, New York,
borrowings are to be
not
made
And will be evidenced by 2 Va %
I
p.
~.
3188.
l."
' *
"
■
•
j
:
r
'"
to
exceed
between
notes
.
•
Catalin Corp. of
and
for
construction.*'
October
-
'
//■/'
1946
240,000
-
$1.39
yy
America—Earnings—
//-'"//■ •-.,///;
1948
shares -outstanding-/™.™.™...™........
%'•
1947
-
166,
$0.26
2307, *
;y
$?,103,06l
$7,799,359
$0.30
$1.38
$1.18
stk.
1584.
'
•>
.
The issue was awarded
*
; bid
99.15
^
/
for
2Vis,
on
a
bid of 99.5110. Harris,
■'/
•
Trustee Appointed—
•
'1
The
1
Chemical
and
Bank
registrar
certificates dated
'
as
&
(Inc.)
Co.
has
$4,450,000
May
^
1
Trust
for
of
Hall & Co.
/yVyy O-
y
agent
15,
been
of
•
appointed trustee, paying/
2%4%
1948.—V.
■/:'
,
serial
equipment
167, p. 2576.^/■
trust
,
//<//.'yy/;/%v/J.;/;
(Incl, domestic Subsidiary companies)
Cost
sales,
less
discounts,
and
/y/ 1948
1947
allow. $57,352,379 $44,794,313
goods "sold
35,203,563
Depreciation ^™*.4—-——-*.^r.™_-_™_/•/ 2,080,335
Net
operating
Other
3,701,744
expenses™
profit_*_!-™^™___^_l_
,
.
Amort,
income
Net
for
per
'
190,373
497,847
discount,
premium
Federal, taxes
on
and expense
47,333
income__
6,268,000
$9,743,930
share
of
stock
com.
on
167, p. 2463.
5,514,107
"3,106,751
.
</:;"/;:/•
;
//y/,/
the
purchase
Aug.
of
$5,340,000
equipment
y
or
15
Childs Co.
478,125% '
.
-
,
49,960
4,246,000!
-
-v'
$1.62
$6,180,564
,,: %. y
/$0.98
(& Subs.)—May Sales Declined 6.7%—
Period End. May 31—
1948—Month—1947
"
Sales
$1,681,803
At
May
31,
a
year
before.—V. 167,
53
1948,
there
were
p.
52
1948—5 Mos.—1947
$1,802,327
units
1920.
in
$9,484,008
operation,
$8,905,307"
compared
with
.
Cincinnati Gas & Electric Co.—Bids for Bonds—
The
the
company
purchase of
will receive bids
an
up
to
Noon
(EDT)
./v/l :;ii
June
21,
1948
issue of $15,000,000 first mortgage bonds, due
r
<
certificates,
years,
y. .)•/
y
trust
1,
1948 and to be due in annual instalments either
will be received at office of R.
L.
Williams, *
President, Room 1400, 400 W. Madison Street, ■ Chicago, up to noon
(CDT) June 29.—V. 167, p. 2464. '
;
y
;
/ " '
10
218,959
//
'.1
^
—
for
dated
in
■
:
income
shares-
—V.
debt
/1,867,026
be
to
$16,557,110 $10,954,649
™Z;_
of
Bids
29,084,846
$16,366,737 $10,735,690
income
Total
Chicago & North Western Ry.—Bids for Equips.—
-
returns
of
Earnings
r
p.
564,678
Celanese Corp. of America—Earnings—
162*'
i^v
and income taxes.—V.
charges
145,859'
$0.13
'
'
167, p.
$1,965,681
$0.30
6,-
on
com.
,
$2,087,267
562,662
Earnings per. share—
$1,963,608
shs.
.
$1.73
|
v
■
1948,'
25
maturing April 15, 1951—V
.
,y
r
71,022
Provision
Associates, has asked
time from .the Chase
$850,000
now
of
$415,255
V
;
maturing $350,000
annually June 1, 1949 to 1958, inclusive. The certificates"
issued under the Philadelphia plan, were
immediately •
reoffered, subject to ICC authorization, at prices to yield
from 1.50% to 2.50%, according to maturity.
Associated in the offering are
Gregory & Son, Inc.;
First of Michigan Corp.; Hirsch & Co.* Wm. E. Pollock &
Co., Inc.; Freeman & Co.; McMaster Hutchinson & Co.;*
Julien Collins & Co.; The First Cleveland Corp.;
Mulla^/
ney, Wells & Co.; Alfred O'Gara & Co.; and F. S. Yantisv
& Co., Inc.
•
■ u
«•:
com-/
240.000
$1.52
$3,179,806 $13,865,569 $12,376,848
::I;2l4,125.y> 4,762,508/ ,/4,577,489
1,293,432
won the award.
June 15 of $3,500,000 2%% serial equipment trust certifi-%
cates (fifth equipment trust of 1948)
to
$333,976
.
'y
common
Quarter Ended March 31—yy/yy'
Interest
Brockton (Mass.) Edison Co.—Bank Loan—
I i£.Th«»^pany,
-V.
of
Inc.,
1947 y/
y
240,000/
43.
Selling, general and administrative
serial
167, p. 1583.
$3,257,040
inc.
gross
Halsey, Stuart & Co. Inc. and associates
this
Son,
.
$364,613
—V.
/
38,174,911^
$3,166,792 $13,765,111 $12,258,812/
13,014
100,458
118,036.
Chesapeake & Ohio Ry.—Equipment Trust Offered—;
v /%/'.:
■
/
1948
;.
Earnings
Gross
Privately—Blyth & Co., Inc., on June 8 an-/
nounced the sale privately to institutions which have
be
to
conveyance
J.
-y
3 Months Ended March 31—
Broadway Department Store, Inc., Los Angeles—Notes
Placed
—V,
10.62
'
1
approved the listing
$1 each, which are
16
"stock,
shares/ outstanding^/-,/./
♦After
42,258.824
$0.44 f
$1.32
1
'
•
on. June
profit aft. chgs. and Fed! taxes
Capital
1948—12 Mos.—1947
9,784,663
5,306
income
from
Earns/ per share
y
Co.—Acquisition, Etc.—
common
properties
Pa —V.
shares;
-
Common
167,
$2,986,883
$12,951,455 $50,023,935 $50,433,723
$3,251,734
___
600,0
,000
$2,064,935
quotations on May 14, 1948,
plus other net assets and after allowance for the distribution of$160,624 on May 29, aggregated $7,586,246,
representing 80,312 units.
The resulting liquidating
value, per outstanding unit, was $94.46 as
compared with $92.93 at the 1947 year-end.—V.
1048—3 Mos.—1947
11,105,841
Deducts,
$207/107
—30/18
i430,000
-
Exchange
shares
part
as
of
$4,012,051/
1,025,168:
138,404
earned
^
Quarter Ended March 31—
Net
■y
market
on
9,481
/I
$588,588 '
dividends
(A. M.) Castle & Co.-—Earnings—
;y.
Bond Investment Trust of America—Asset Value
total
and
taxeo__
Gross
$354,992
^
364,000
"Net
(The)
Other
which
on or about June 30 on the common stock. IV
quarterly distributions of 30 cents each were made up to
and Including March 31, 1948.
/■■■•./ /-%///i.// //;</
The management attributed the cessation of dividends to
the need
for conserving cash to meet
operating costs and to make only the
most essential
construction outlays,
because of the Alabama Public"
Service Commission action in refusing the
company
a
fare increase
on
its
transit
lines.
A
hearing on the company's appeal to the;
from
pfd.
common /share&
1047^
-
Philadelphia,
Regular
court
;/%;
—
additional
issued
pany
| would ordinarily be payable
p. 2658.
166,
The'New
be
directors
"9,062
Carr-Consolidated Biscuit
3,325,802
Birmingham Electric Co.—Omits Common Dividend—
The
$3,649,185
Oper. income.*—
income (net)
Net
5,698
$961,650 %
taxes™
(30,000 shares outstanding)
8,535,955 %
3,831,629
3,126,319
4,146,165
'
1,146,629
'
Income
convertible
Earnings
$4,007,936
./y.:/4,114,
$4,795,814
262,763
y./
$14,357,575
revenues
Oper, exps.
$349,293
•
Dr92
..
Federal
$2.60
,
assets
Operating
881,636'
•-$961,743 /
Net Income
Times
y'V/ 1947
1946
Total assets ™_™»-/™™_y
$15,743,025 $13,203,143 $11,506,730
Cash
1,150,675
1,032,457
1,402,187
Inventories ™..—6,154,291
5,336,141/ 2,679.511
Current
/ Period End. Mar, 31—
2,727,554
949,588
charge
for
5,149
$362,939 ;/ $785,008
Net Income
%
3l'
194.8
Current
expenses„>_
income
Income
Provision
April, 1946,
MARCH
2,914,192
credits
Total
178,200?
*$0.89 y
,
$1,047,772
322.277
*$216,967
178,200
%
$1.07
common
-
$343,546
356,400
$1.13 :
-
Central & South West Corp. (& Subs.)
1947 ./
v
$4,825,523/$3,958,433 /
profit..
operating
$4,790,665
'
L
1948
sales, less discounts, returns and allow.
of goods' soldyu,u/--^i2yLw.i«yyUwifc/Ul2%
Selling, general and administrative
234,000
619
'
$1,285,216
450,967
■
245,000
$1,047,153
1,400
///'%■:%,//;/;y://;^Vy;T67;yp.•1L04.
* * '
'■
3 Months Ended March 31-
Gross
588.546
$1,283,816
liability, $313,023;
Capitol Records, Inc. (& Subs.)—Earnings-
Income
[No. of common shares-*.
refund
/'/.yy
%
1945
oper, income_T.y
income Inetlj.^
.
ticket
15-year 3'/a % convertible income y
debentures, due Sept. 1, 1960, $9,850,000; accrued interest- thereon, "i, / Gross income
$517,125; reserve for uninsured losses, $119,408; common stock (par $1); - /Int. and other deducts..
$470,083; capital surplus, $2,838,729; earned deficit/ $5,448,124;/total, ; v v„ .
t /■:.
/
$14,790,326.—V. 167,:, p. 2026.
■ y" ■
;v'y-yy/':y'y/.y./f
>/// Net,income
_—*
<
share.
accrued liabilities, Including payrolls, $606,943; ^ transporta-*
/
Net
taxes, employees withholding taxes, etc., $370,183;/deposits on.;,^et
travel card accounts, $361,735; unearned " transportation. revenue/ Other
and
/%/////'%;
$4,463,909
Federal Income taxes—
air
2,000
per
1946
$6,273,444
tion
the.
of
167, p. 2569.
2358.
p.
$780,151;
Diesel-electric
the
nearly
Co., Tulsa, Okla.—Filing with SEC—^ h
letter of notification
a
of
constitute
the announcement added.—V.
I
for
1978.
I* VMwaifW««M i*v*»wu.u*
RPU'+V UWSWfli
HI,
•■■ WiJBfc
■s:.-
Volume
167
Number 4709
1
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2683)
3
'
Prospective bidders may
with officers and representatives of the
company, counsel for the -company and for the prospective purchasers
at the office; of Irving Trust Co., New
York, on June 17 at 10:30 a.m.,
to
review
the
information
in
the .-.registration
statement, the- pros¬
-
-
meet
Clinton
Net
CONSOLIDATED
Period End. Mar. 31—
\ Gross
General
taxes
-
Federal
1948—12
$47,109,890
mainte.
income
829,606
-3,289,097
3,079,409
812,184
3,212,272
3,017,291
1,069,763
3,160,049
,2,502,526
J.
income
-
Fixed
A---:-----
income
'
3,252
$6,665,576
dividend's
51230
18,898
$6,684,474
IL-"
$1,998,610
1 ' 270/000
1,080,000
exchange
I i
The
Ended—
bef.
V
$809,645
"taxe$,-,r/i—i——
Morgan
Net
profit————/—;:—————'
Common
shares
.
outstanding——/;
share,:—
—V; 167,. p.
43.
'
:V■
..
/
Period End. Mar. 31—
Operating
Operating
v
Federal
income
taxe-j—
Operating income
$24,316
income
A-Vi. 2,748
•'
$36,095
5,346
36,319
r
/
Income
1 $27,064*'
deductions
A
16.709
„
the
has1 been
•„
••/., *■'
.
of
$1,500,000
obtained
■
,
all the, capital stock of
affiliate.—V. 167, p. 1804.-
Consolidated Edison Co. of New, York, Inc.—Deben**
;
fromjp.
purchase
tures
t
American
New
York,
'stock,—V.
common
167,
N.
Y.,
has
been
'
1892.
p.
3%
-
!
-
prof
/
$98,910.
$133,085
'/ { 38,529
49,916
$30,355
$27,153 A; $48,994 ; :
shares—50.19.
$3,899,534
$3,770,722
$5,718,293
$3,449,534
$3,320,722
4,108,865
4,108,865
4,108,865
$0.84
ing from 107.09%
450,000
stock——_
$U.8i
for
com.
-
$1,39
/•/,For the.12 months ended March 31, 1948; operating" revenues totaled
$3,010,076, as against $2,665,068 in the preceding. 12 months'; period,
/ while ,net-income after charges and
taxes amounted .to $364,644, or
$1.41 per common
share, compared with $412,486, or $1.60 per com¬
mon
share, in the preceding year./,; / '
-'•v,7/"'.^V**.5 v-
barrels
for. the
five
Its
production
to
weeks
had
.purchase,
Month of
April—"
Net ..income
after
2659.
p,
'
charges and
/
*
1948
taxes-2/-J—-i/;. ",r
1947
:
$25,296
\
PeHod End. May22—
323,817
for
the
barrels,
May 3, and 317,822
1948.—V. 167, p. 2359.
V:
weeks
1®?/"'/.v
Colt's Manufacturing
barrels
/
'/,
Weekk Ended March
12
/j.!3
28—
-"-"Z;
i;
*
*
RESULTS FOR THREE MONTHS ENDED MARCH
31,
1948
Net sales'
/ Net
income
Net
before
profit after
Federal income
price
taxes_'J_/^_/__/-.i,-Ti-,,—
taxes__-i.-.2__
at
which
V
/
;
;
Applications
271,792
7 Commission
$1.57
;
control
$0.59
and
the
outstanding
warrants
may
be exercised
on June 1, 1948 from $7 a share to $8. Each year thereafter
price increases $1* a share up to $10 a share for the year ending
May 31," 1951, date of expiration.—V. 166, p. 756. •
•
• ;
/;
-
the
„
$0.33
Nil
>:■
ii>.
;EARNINGS
Total
;
^^-.•'/ /'V/; ?/' ''
(& Subs.)—Earnings— > >
Cleveland-Cliffs Iron Co,
income
cf
ENDED
dividend
,
MARCH
31,
.i;
1948
plus
of ,KQW,' and
55%
of
the
its
net
FM
quick
asked
CBS
now
permission
owns
to
assign
the
license
7
,
'■'
WTOP
Interest on long-term
debt—'•'<•;
;r provisions for depletion and-
deor»(0iation/2ila/k^^^2^^:/<: ,♦
/Provision for Federal taxes
income test.
on
Stifel,
J.
Co._
S.
&
&
,'...-A
.
ya
R. Staats
&
Inc
,
yP.
Co./ Inc.
Co.„
V,i
ya
;_^.**
Co,_.
1
.
Col-——'
%
Wheelock
&
Cummins, Inc.
Hattier & Sanford^
Harold
%
J/a '
Co.„^-/,
&
&
&
i/2
Co
Co.,
Stokes
White,
3/4
■
V'
,ya
&
Strauss
'Va
,
Hughes
Poole
Thomas
7
Va
-*
Inc.
Gardner_:___i
Nlcolaus
Walter
P
Co.,
Robilison-Humphrey Cd. "
William
'3/4
CO..H---
&
—
&
Shaughnessy
...
4'/a '
Co./___
Securities
Inc.
Schmidt,
Va •'
Va
" 6-
Pollock
Reinholdt
The
Co.;
E.
Wood. &
Va
-
Va
Co.____
'/a
Va
18
total
a
drawn
for
of
273,566
redemption
dividends*,,
shares
of
Aug.
on
$5
1,
cumulative
1948,
,..•.*
„
.
at
$105
preferred
share
per
*,
•
,
June
on
16
announced
that System output "of elecpurchased)
for
the
week
ending
205.600,000 kwh., compared with 187,900,000 kwh. for-the corresponding week of 1947, an increase of
9.4%.
Local distribution of electricity amounted to
195,400,000, kwh.; compared with 181,000,000 kwh, for the
corresponding week of last
,
r
(electricity
13/
1948,
increase
an
of
generated
amounted
and
to
year,
8.0% .—V;
167,
2576.~
p.
'
*
•
•
.
*
WTOP, ColumbiaINC., which will he
Consolidated Grocers Corp. (&
36 Weeks Ended-r-i
■
INC.;
''
'
'
'
'
'
'
;; Sales':
»Net
t
WTOP and KQW moves. They provide that the
7transactions, be^ .'dosed; wltjhin 30 days after the FCC consent is
given,
which in turn is' subject to a
60-day waiting period,
'
*
V
The KQW application is based on an
agreement, entered into May
; 18,
1948, between* CBS. and
Mott Q. Brunton, Ralph R, Brunton and
-Dorothy M. Brunton, majority stockholders of the station, detailing
'
'
6/48
$
'
Mar. 8/47
"'
*
shares
per
-©utstanding__i.__,M
share^w»^^_
'
$
$2.07
.,
♦After charges and Federal income
Mar. 9/46
'
1
*
$4.19
taxes.—V.
167,
p.
$
78,778,529
'1,640,090
867,492
$1.75
-
867,492
-•
common
'
102,567,492
3,766,141
867,492
profit—1,919,545
,
.'Earnings
/
'
86,647,652
Common
-•
Suts.)—Earnings—
Marl
*•
.
<::;TrovkL-;of;{both
29.500
I10;830
2^; 'u; 178,670
<Sz
&
,
&
Co
Co.,
1'
'
E.
'
,l,3/4.
company
tricity
,
in exchange for 55^
of the
*stock.2CBS,/will ^transfer to WTOP INC., "pj'dperties and equip¬
ment-valued* aV;$699,9S0, in
exchange for 45%: "of the stock.
*
*
•
>;:>VA$Peeftiefftsi^:*tfte7ttabsfei' of control are., contingent on FCC p,p-
'
'
.
Inc.
Wells
were
The
k
in Washington, D. C. to WTOP
by 'the-Washington /Post" "and 45 7 by CBS.
to
Cq;i/^«_.
Anderson_„_
Newton
&
Raffensperger,
:
v
2
Co.„„__v/l-£/A//4
accrued
; June
of
station
owned 55 V<.
s/4
Co., Inc.__
M.
Wm.
Son
Weekly Output—
/
-
Total income
and
45 %
a
&
June
stock
>
:£..*,. ■*'.\:r.:
- •• •?:
Ltd., asked FCC consent to
station, KQW-FM, to CBS for
assets.
E.
Newbold's
Calls 273,566 Shares of $5 Preferred Stock-
Communications
/
•income//u^k/!//v-"k2;>,v$616,409 *•; IkkThd^PQsUVwill payT«855,470
f. Dividend income
;
CBS
.
3,.MONTHS
Federal
&
H.
Otis
-
Xk
•&
On
.;
p/213ll.V''/v":'./2'^'•'/••/";/
the
1.
Inc.
f([ ' k'Z':".;
{ non-voting Interest in KQty,
owned
FOR
exclusive
:-•■ r.■?./
Agricultural Foundation,
control
$425,000
•
with
Ellis
Nashville
in. Washington, D. C., asking permission for transfer of
KQW, San Jose-San Francisco, to this corporal ion,
WTQP, Washington, D. C., to a new corporation, WTQP
Pacific
transfer
>.
15
Dickson
Mullaney,
System, Inc.—Acquisition—
June
on
.Va
3Va
Co.__
Fauset/ Steele &
:
Station
.
The
f
of
filed
were
167,
8.
;vMarx
/
197,000
;
Co
W.
j
"197,000
/
&
Gregory & Son;
Hjrsch & Co,
of station
INC.
.;
.
-
Columbia Broadcasting
,
changed
i.
See Falstaff Brewing Corp. below.—V.
167,152
106,395
'-..v"
Clark
} Green,
1947
Columbia Brewing Co.—Proposed Merger— '
:
-'$1,529,217,
V;'
268,284
/ Number of preferred shares outstanding March 3L-i—-<-*--7k Number of common shares outsanding March
31.:——**''
Earnings per preferred share—
/ Earnings per common share
/The
\ ' . ♦Loss,—V. 166, p. 2659.
Baum
Co.-,* Ifl'c
National .Corp.__
.
7 /
2027.
•
.
Net
prof)t'rl^———, $988,996
/Earnings per share' cu 2,167,338 shares cf common stock
$0.22
:/;k;?Before "deducting interest on* long-term debt and provisions tfer
sale
of
the
Brunton's
interest
Consolidated Natural Gas
{
in
KQW and KQW-FM.
depletion, and depreciation- (except cost depletion applicable to sales/:
CBS-Washington/'Post'" application follows an agreement signed
•1 on June 10 by Frank
of real estate and timber) ,—Y. 366, p. 1887. Stanton, CBS President, and, Philip L." Graham,
r
'
f,
.
President of the
Washington/'Post'-' Co. and President-of WTOP INC.
:
— V.
167, p; 2464.•'■'7
Cleveland Electric Bluitiinating Co. {&, Subs, l^Earns.
\
',±
i:
A'
-'
•<
12 Months Ended March
"Operating
revenues
Operating
Net
operating
Non-operating
revenues
J—"—l
1-
revenues-;;/—kLi;
39,054,015
$8,842,282
-r
322,099
$8,362,900
,
•
-276.858
The
income:
Interest,
; c
%'■
etc.,
$9,164,38L.
•deduetions/i--_^^_Jk—
7
Net income transferred
/ •Earnings per
V
to
earned
share
common
surplus,^/ $7,662,156
k.$2.80
p.
'??'•- 1947 *„
$6,657,354 V $8,947,673
1948
sales
tNet profit.•
^Earned per com. share
-
.
♦Includes
excess
profits
*•'-*
Cost
ana:
of
merchandise
sales,
excl.
on
"
common
/r"
•'
depict.*
•Property; franchise and
,/
Federal
/
and
state
-
A
$1,398,075'
Interest
'
Depreciation
Provisions
Net
271,137
---
$50
million
company's
,i
'
37,717
program.
stockholders
$175
been
a
and
its
million
at
:
•,
the
,
.
annual
associated
the
over
,
meeting,
companies
period
the
for
1948
..
'
of
Commonwealth
intention
to
Edison
offer
;
^
-a
and
percentage
En^ed—
-!l—
comparisons-with
kJ*
22—"__
—V.
167, p.
—
2576'.
taxes
195?.
287,046
$840,678
$535,102
$0.71
p.- 543
*
t
"'"'/•
.
deductions
—;
Profit
after
Income
/
Net
taxes,
'
this
weekly
23,323
$2.33
;>*
132,357
$7,410,963 $14,984,985
2,728,359
3,274,031
3,274,031
;>,
190,006
$7,434,286 $15,117,342
./
$2.72
t
a
.
$4.58
per
1948
-
»
-k/» 1946
$7,732,686
887,661
938,855
516,370
1,309,665
$422,485
$589/149
/
488,213
$399,448
—
share
-Earnings-
1947.
$7,374,970
outstanding———.
common
167, p. 2577.
~
$7,839,380
"
370,361
.
$1.00
..
720,316
370,361
.
367,361
$1.06
.•.
$1.55
->■
,
"
Consolidated Vultee Aircraft Corp.—Stock Issue Over-
subscfibed—Floyd; B. Odium, Chairman, reported June
-15 that the offering to shareholders of
1,159,849 shares, of
stock (par $1) at $9 per
share, which
14,/was heavily oversubscribed.
common
June
1947:"
closed
.
1947
v
'/' Change
r. ••
201.473,000
195,291,000
199,217,000
2.0
184,011,000
.+ 13,7
199,295,000
+
5.5
Primary >' subscription
rights
wereexereised
for
approximately
shares, or between 94 and 95% of the offering.
Secondary
were
exercised 'far in' excess of the remainder
of the
'1,090,000
*
;
rights
shares
available-and,
+. 5.2*.
r
of
in
eJectnc-*energy
business
of
shares,-
12%.*
the" Atlas
■••>. -
.
Because
dajsh
scriptions
:
•
Corp.
were
was
be
accepted
-
subscription
only
to
which
the
•
■
was
for
•
extent
•■
the
entire
filed
by others for approximately 420,000
primary and secondary sub-j
twice the
aggregate of the offering
received-on
totaling more than
refunds- of the excess will be made
promptly to subscribers
representing the unfilled portion of the secondary subscription.
subsidiaries
conditions
price,
of
territory served for the week ended Jurre 10,
1948,
amounted
to
'313,593,990 as compared with 277,741,494 for the corresponding week
l in 1947, an increase of
35,852,496 or 12.91%,
r
;
' •!
•
•
*
could
consequence,
approximately
■'/.'Except for
to" show general
44,690
-
.
32,207
f,
*
shares
.
212,588,000
kilowatt-hour-output- of
r———,
profit————.
Earnings
:
corporation-adjusted
$7,389,596 $14,927,336
25.579
etc._;J_;;——
Common
—V.
Commonwealth & Southern Corp.—Weekly Output—
The
$7,658,503
•charges—12———
"issue", secondary rights
115,221
353,545
—,
—.
income
Quarter Ended March 31—
.'/
.Net salesi-w————————„«
■
943
•
$7,632,924
Consolidated Retail Stores, Inc. (&
Subs.)
capital
209,218,000
May
72,000
—
——.
Mos.,'48
>
209,672,000
———
5——'/-/i-;;/;;:
May;' 29_/—
81;283
>■41948 A
revenues
12
.
mortgage bonds.
It is the
bonds for competitive, bidding.
* -
amortization
(est.).
(Shares outstanding, enfi of period
,;Net income per -share-'—/—/—
V. .167,; p. 2027-
first
these
Gross
Income
require¬
new
through
income
Subs.)—Earnings—
$34,107,630 $30,343,445 $97,934,493
11,662,050
9,967,054
31,837,045
7,302,498
6,268,041
28,379,526
1,203,827
927,457
4,966,988
.1,717,462
1,396,593
5,895,637
'3,412,000
3,302,000
7,310,000
1,176,869
1,092,704
4,545,961
>r" Net" income—$7,626,296
'»••• '•'7'\
•'
.
June ,12
June
$857,029
of
and
the
company
has
as
Week
$938,312
sh&re
Commercial
to
the
23,630
6,409
2*Based on 750.000 shafes for. both periods.—\ :'-167,
The
.1 '*■•;».
"
income
,
per
"
.199,250
state
income
♦Earnings
of
four "weeks
Z
$1.12
and
;*.
Weekly Output Increased 5.5%—/a/7'
,,.123,274
$1,399,883
-
depletion^
Federal
7 */•'•• /•::'•
Electricity output of Commonwealth Edison Company and associated
companies, excluding sale's to" other electric; " utilities, * for : the
L*,weck
ended June
12, showed a 5.5% increase ovpr the corresponding week
a year ago.
Following are the kilowatthour output totals of the past
*
less interest .earned—
and
for
*
$1,128,746
•'
expense,
'
a:
$1,041,651
195,583
-v/
income
/
:
r
.other, taxes^v^^--- A;A 24,330
taxes
:: A 49,416
—
•$T
Total
1947
2,403,420
payroll
income ^222*----
-
------
and
taxes
taxes
■•)'■'
,
present market-conditions, to file a registration statement with the
Securities and Exchange Commission before the end of June covering
$3,445,071
4,602,606
taxes-—.^.^
'.
Operating profit before deprec; and depletion
Other
'/
-va
$6,000,681
taxes'
,.'L
Selling and admin, expenses, excl.
Taxes, other than income taxes—
^/
and
,
,
1948
slated
As
';-may: * approximate
:f
,
:
expenses
depletion
Non-operating
Other
stated, present cash resources ' are sufficient to
> enable
it to take pare of tjils vcafs requirements, .with such a
large
amount ,td, be, raised/;it seems desirable to
proceed promptly with this
.first steR.->,~...>•■■■'"■ •-'/' /■••
,7.-'--'T
('r,\
Accordingly 'the company expects, assuming the continuance of
all. charges
643,840
by Mayor
passage by
.While,-
$0.57
p. 23'59.
3lV-':/'
sales, net__kl._„^~—
deprec.,
profit''
.Gross
■f
$0.29
-tAfter
JBased
3 Months Ended March
Coal
.
$95,000.
taxes.
167,
f
of
'
A
•
,
10
—
/
-Portion- of payment to
annuity fund
~
franchise
new
franchise,
ments
Clinchfield Coal Corp.—Earnings—
/:
..
$1.59
/
carry-beck-
provision for Federal income
shares now outstanding.—V.
/.
;
,.% 1945,^
,
$0.77
and
:
accepted the
and signed June
the City Council of the new franchise
ordinance, its
Aapproval by "Mayor Kennelly, and its acceptance
by the company have
..cleared the. way for the company to proceed
immediately with the
$2.59
$5,885,444 $15,572,319
1,055.823: "" "218,214 ' v 399,354
522,437
This
{first step in, its,financial
1943
„:
>,
resolution
Other
continuous
/•', The
151.
Cleveland Graphite Bronze Co.—Earnings—
Quarter End. Mar; 31—
by
•/citizens' of, Chicago.
$7,168,035
——
4After preferred, dividend requirements.—V. 167,:
Net
,
1.4,71,7^3
.
June ,11
on
gas
Federal -income
which -is the result, of more, than eight months of
negotiations, introduces new'conditions. But it is believed
"that' both-management-and the
City authorities will approach them
.in a cooperative spirit to work
together for the best interests of the
$5,639,758
1,502,225 /
directors,
'{ ordinance passed by the City Council
/ Kennelly.'. •-'*"'•/
AA//'7-;-'r 7'"'
•*
Gross
-
Depre.,
(&
1948—3 Mos.—1947
revenues/;-/;/—-.
Maintenance —_;1
Commonwealth Edison Co. — Accepts Terms of New
$47^416,*915/' vFranchise^-To File;
$50,000,000 Bonds With SEC—
———i $55,240,877
1/
46,398,595
expenses:
,
operating
"Operating
fyX*i:'?0y,v;/U9481.^>.ii.'I947
i—
Total
; Purchased
-
Co.
Period Ended March 31—
*
The
„
-
.
.
,
'
V.
-v
Dana
NOTE:
On
S.
...
.
Financial
fa
Seibert,
La. Salle
account
of
the
fluctuations
In
the
rates
of
exchange,
remittance
for
foreign
"
The proceeds will be used to replenish company's working
capital.-—
167, p. 2359.
/" ' : " ' ; :"■""/
, ■
,
;■
Chronicle (Reg. U. S. Patent Office): William BCiDana Corfipany,
Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Selbert, Editor and
President; William D. Riggs, Business Manager.Published * twice a-week
Publisher;
(every .Thursday (general news and advertising: issue): with a statistical issue on
St., -Chicago 3. III. (Telephone State
Monday).
Other
0613); 1-Drapers' Gardens, London,, E. C., England,-c/o Edwards &' Smith. v Copyright 1048
as second-class matter
by William B. Dana Company.
Reentered
February 25, 194?, at.th? post nffice;at New. York"/'N. Y.,* under the Act of March 3, 1879.
Subscriptions in United States, U. Sf Possessions, Territories and Members of PanAmerican Union. $35.00 per year; in
Dominion of Canada, $38.00 per year. ' Other Countries,
$42.00 per year.
William
offices;* 135,
'
Per-
64'/a
/Johnston, Lemon &r Cp._
;
Leedy; Wheeler & Alleman,1
f
•
W.
R.
r
$1,732,442 $1,297,277
64,099 ■'
57,312
Net profit after chgs. and income taxes^t„/£_Ji:
:;.
Capltal ;shares..outsUnding^^-^--—«-w^^i*2
./
1 Earnings per share
f
to
.
Cent.
cent.
Inc.l-
•'
'
'
K,
&
/
•
Clayton Securities Coj*p,___; Va
Henry Dahlberg 3? Co.__Z_
■Va
Dempsey , & Co
.
,
1948
■t: Sales
t
.'vv'Zw"k
&
E.
*
Co.—Earnings—
"
*1; ;
~
Per'
Central
1948—21 Wks.—1947)
.
Clary Multiplier Corp.—Earnings—
.
Co;
Burr
with
<
1948—4 Wks.—1947
•
-
-
George
four
compared
the
and
agreed
follows:
as
Halsey^ Stuart &
$12,265,999 $37,233,732 $64,794,249
,/,-V.
$20,193 ;
5-i
.
are
.
/
ended
•
; —V...166,
to 107.25%,
7 ' UNDERWRITERS—The names of the
several underwriters
'percentage of the unsubscribed debentures which each
,
,/Colonial Stores, Inc.—Current Sales
Up 7%—
f.
$0.36
,
stockholders
$57,382,600 offered
10 for the $4,322,500 3% convertible debentures due June
If* 1963 which were not subscribed for through the exercise of subscription warrants.
Thirty-two bidders en¬
tered bids for a principal amount of
$14,453,000 deben¬
tures. The six bidders who offered the highest prices
were awarded the $4,322,500 debentures at
prices rang¬
$13,857,722 $13,303,641
6,499,534
5,670,722
1 2,600,000
1,900,000
$6,168,233,:
.
fpr; the- fbur . week8t en<led- March 29,
$94,556 '
,
the
<
'
common
companyrs
of
:
450,000
.
.
to
92.5%
or
r
,1946 /
.
450,000
•
'•'"••/•Net income
Earnings per
debentures
$53,060,100,
rights which expired at the close of business
June 8.., Halsey,; Stuart & Co.
Inc., as representative of
the several
underwriters, received competitive bids June
appointed
a
1947
..
10,256,233
4,088,006
-—£//
dividends
The:'company.: announces that
ended"May 31, 1948," amounted
'
1
PlBcedA-Subscriptions to the offering of 15-year
convertible
under
'
Subs.)—Earnings—
chgs. and-min/ int._-„4
taxes—■
'< 399,639
•V; 14,288
''the
Colon Development Co., Ltd.—Production—
"
12,172
■
$41,441
.
of
*
ings. This compromise proposal provides for a
package for each ihare
Commonwealth's preferred constiting of 2.80 shares of Consumers
Co., common stock, .56 share of Central Illinois
Light Co. com-*
mon stock and $1 cash. The balance pf the
holdings of Common¬
wealth consisting of common stocks of
The Southern Co., Ohio Edison
Co., and Southern Indiana Gas & Electric Co. would
go to the cdmmon
stockholders after expenses,—V.
167, p. 2576.
.
•
'
;
Power
the
'*.'•
$120,913
12,173
■■
/
terms
and
Godshalk
of
obtain
of
outstanding/..;-*.
Earnings .per common share-—
—V. 167,'p. 152.
-
;
'
income '-'ij..
to
80%
of
70,451
'
$86,737
/'
for
Class / A
,
.'462,605
f
Gross
to
its "safes
/Common .shares
$653,969
643,060
"
Other
bank* loan
a
and
and
Ball avail,
$766,116
'21,426
'
repay
Co.
Corp.
gfter
Income
1948—3 Mos—1947
155,670
•
Failing
$0.59
'V -"Net
: '
to
&
"
'*
/ "
1948
:,ekrning$iUlj^j__l_,^»i—k"$24,775,630
Profit
*
850,000
r
,n
Co.
1948,
stock
.
Manufacturers; Trust Co.,
.Grosk
"*". $550,300
•-
220,828
A 8.826.
expenses
Glass
Quarter Ended M&l'ch 31-«-
$0.35
!$213,191
'1947, effective Jan. 14,
210,000 fare's "<$1 par ) capital
expired by its own terms
210,000 shares, was issued,
>
the
Coca-Cola Co. (&
-
(& Subs.)—Earnings
$253,770"
-
Dec." 12,
of
Cbear-Nester
Plan
to
L.
.file
withdrawn
were
Amendment
board of directors. The board authorized the officers to formulate and
an
amendment-to its plan of July 30, 1947 in accordance with
the compromise proposed
by holders of substantial amounts of preferred
and common stock and
approved by the staff in their proposed find¬
;
I
'
...
SEC
a
Justin
•
filed
of
1
850,000
$0.49-
1948—Month—1947
revenues
The
-
v
Citizens Utilities Co.
.
registrar
Available
$346,615
850,000
the
File
-
director
to replace E.
resigned upon the sale of South Carolina Power Co.
totaled
Not
-
,175.882)
$467,915
:
per common
with
Elected—To
Culley has been elected
findings
•
..
Coca-Cola Bottling Co. of New, York,
Inc.—Registrar—
.
Earnings
filed
"
k
Director
B.
R. Whiting,* President/further announced that the
proposed
of the staff-of the Securities and
Exchange Commission hi
the: corporations^ recapitalization
proceeding was submitted* to the
Federal
$1.90
-
$522,4971"
341,730
$1.38
.,
the
registration statement (No. 7479) filed March
26, 1948,
.offering through Smith, Barney & Co. and
Newhard,
Co., pf . $7,000,000 - 15-year debentures.
Proceeds i of
this
/tissue, were':
Mar. 20/48 Mar. 22/47 Mar. 23/46
taxes—
Fed.
income
I'.
who
am
t-Partition
,
',,12 Weeks
'
other
;.Cook ./ifc,
'
Profit"
of
plan/? theoffer
involved
Cincinnati Milling Machine Co. (& Subs.)—Earnings^
Federal
stock
for
'
$3,878,584
$0.85
statements
j<^
abandoned.* None'.*of
1
.1,080,000
$4,403,742
-
provisions
the; acceptance of the exchange offer by the holders
outstanding: :Obear-Nester> stock -as
required- under
$4,958,584
270,000
"registration
10. v A„1
offering
21,300
$1,728,610
$0.92
,
,;/.
$5,483,742
carry-back
.
Onc/of these ANo/7344)
involved a -proposed
1,293.183
$2,067,421
Earnings per com. share
—Vri6T, p. 2339.
June
C inexohanfee
$6,251,7^7
1,200,732
r
•
$2,337,421
—-
.Two
J
$6,230,467
$2,323,148
271,152 "f"
324;533
•
—
...Balance''
$2,317,918
$2,608,573
——
income
Preferred
-
•
rev.—J. $2,605,321
charges * z'H'-T.
-p; Net
.
858,140
1,352,212
of
1947
...
Nil
benefit
Registration Statements Withdrawn—
<-"
1,92:1
$40,380
25,551,229
-
'
t$316,870 '$1,397,598
share—
per
New
-
1948*"
;
<
...
—,
-1947
30,782,896
taxes...
«.
♦Net profit. " tAfter
Income' tax/law. j ' •./
,
7,646,544
_i-
operating
Gross
Mok
1948—3 Mos.—1947
s
9C0.324
and
4
Other
\*
9,051,932
Depreciation
Net
..{*
$14,768,529 $12,676,015
revenues
Operation
«
■
INCOME STATEMENT
'
•
jJoss
Earnings
pectus and the statement of terms and conditions.
*
Industries, Inc.—Earnings-
Quarters Enoed March 3.1—
.
subscriptions and advertisements must be made In New York
funds.
,
•
.
1
THE
(2684)
,
Radiant Glass Heating
Continental
without
Corp.—Files with
The company
of
149,900
share.
Underwriter,
corporate purposes.
tor
shares
stock (no par), to be offered at $2
Hicks «fc Co.
Proceeds will be used
common
,
'
*
The
*
Cornell Wood Products Co.
will
ments
Net
Chad wick
Ft.
T.
has
been
appointed
General
Sales
—V.
Hoye as Advertising Manager.
Both men have been associated
with the corporation for some time. Mr. Chadwick as Sales Director
and member of a Cory Management sales executive committee, and
Hoye as Assistant Advertising Manager.
Advertising Manager, Mr. Hoye assumes
"Net
inc.
"After
The
with-
Stock
provision
$579,377
856,060
700,000
the
$1.18
$0.50
Net
in
settlement
Mar. 31—
income
5,578,114
4.536,004
517,568
533,494
2,123,002
914,040
1,033,100
2,629,940
taxes.:-
income__——
$1,879,175
charges_________
257,767
Gross
including Federal
taxes,
202,666
fOn
taxes.
Unfilled
is
loan
$17,950,292 $15,695,701
2,183,153
1,042,641
:
.
$8,033,840
1,042,644
'•
-$2.07'■■'<'
"
$0.50
^
subject
income
$1,621,407
_____
164,067
112,502
628,213
foreign
to.
husinsss
excluded
cancellation—holds
from
consideration
at $43,588,000,
Earns,
$1,572,383
$4,006,376
■'
$1.03
$2.36
'■
—V.'167,
1256.
p.
De Vilbiss
;'V
Total
_
r
Quarter
March
Ended
income
Fixed
' 1947 "
t$336,042
148,000
$133,173
$188,042
"
per
"Includes
*-i"
_
300,000
-
$11,640
share„_^^_„__ij__,_—
from
in
1948
company's
and
$11,655
unconsolidated
in
't 6
.
Months Ended April 30—
Net' sales
Cost
Subs.)—Earnings—
Coal Co. and its subsidiaries)
:
,
,
V
.
Quarter Ended March 31—
;
Gross
Operating
(&
(Includes income of The Hudson
1948
.
Other
,
.21,561,162
19,223,240
,$5,195,655
expenses
Othet
$5,274,901
Federal
tax
normal
; proval.
revenues
U, S.
income
taxes——
Tax
940,000
865,948
and
2,152,040
71,177,459
surtax
taxes—'-.
income
Other
'
•
charges
'
698,496
'
/
651,927
895,915
lor
920,138
-it—72-7-—U
per
income
"Loss. •;
-V.167,
846.
p.
v
April 30,
•
Denver Tramway
(& Subs.)—Earnings—
Corp.
v
39,569
6,782
$3,801,706
—
i
••,777.7"l: 17• ■ 7."'"'7.'-7.7=
■■
for
1948,
Eastern
1947 and
1946.—V.
'v
Ended
March
revenue
31—
$1,765,693
Net
Other
taxes
1,233,138
953,533
179,839
172,867
146,688
116,907
104,558
Total
$47,566
$209,467
-$511,311
247
5,968
5,326
$47,813
$215,435
$516,637
5,378
Net
debt—
funded
on
and
State
taxes
income
on
6,027
92,500
211,000
to
1256;;^va'i77
167, p.
its
E.
H.
income
$19,735
,—
$116,908
$291,811
'
.»
common
Bird,
vember,
He
.Income
Secondary Offering—Coffin &
Burr, Inc., and Spencer Trask & Co., on June 11 made a
secondary distribution of 86,000 shares of common stock
(par $20) at $21% per share, net.
Dealers discount
45 cents.—V.
—
167, p. 2465.
higher
1946.
% of
a
new
stock
Pfd.
•7
stock.
-
"
,
3 Months Ended March 31—
Net
sales
Cost
of
and
commissions
$7,938,376
products sold
Selling and
1947
1946
$7,460,810
$3,888,008
5,580,670
administrative
4,820,021
of
336,016
submitted
the
proposal
each
new
777'"'
Commission
in
share
for each
7 7 '•
'"7 ' "7"
'
; ■
of present
this
agreement
new
would
$2,304,774
184,217
9,342
5,962
-
Interest earned and
Total
misc.
income
income-
$2,159,973
—
Other deductions
Fed.
taxes
Net
profit
Capital
'
shares
$2,314,11$
$526,677
20,426
39.015
44,342
864,850
184,040
$1,348,997
$1,410,251
8298,294
868,968
823,748
411,874
$1.55
__—
$1.71
*$0.36
outstanding
319,900
■
$0.53
'
charges
and Federal taxes.
stated.—V. 167; p. 250.
tNot
7
,
•
Quarters Ended March 31—
Net
Federal
taxes
1 054 000
Earnings per share_._________„____
The
decline
•tantlal
the
1947
$10,694,000
after
of
increase
result
of
some
3!/2%
in
net
$^99
income,
in
spite
of
$8,575,000
1 093 000
.'
the
(Including "Wholly-Owned
56,804
897,024 :
43,019
740,442
527^44
260,154
78,336
1,582,592
935,141
36,502
539,635
4,845,804
3,123,862
445,378
Fed. \
than
67,252
7- '::
v
380"
$920,494
7-
6,866
$439,434
-;
4"
l_7_
112,445.
119,C36
Or 7,772
$6,478,252
$4,206,646
.
,
,
29,785
549,836
87.837
$526,5111
require.,
1,487,247
$321,831
34,479
7 224,750
$492,032
$296,206
'
953,639
V
.
$4,441,169
25,625
50,046
,
7 $4^14,418
$6,359.153
14,943
7., $927,380
,323,506
-
8,932 :
477;
$424,511
taxes_7 %•', 288,424
'
■
,y *
■
■
7
.
356,636
V:
$4,084,533
236,047
sales
7':i77V.vL k.
(& Subs.)—Earnings—
1947
ipcome
2,708,999
'
shares
outstdg.
1946
1945
tAfter
taxes
2,095,382.f *1,433,228
1,494,855
,1,494,855
$1.81
$1.40
share—■
per
and
charges.—V.
Electric Power & Light
:
the
.For
of
this
week
ended
corporation
633.000
kwh.,
167,
June
167.
p.
1,476,178
,.
1,195,884
1,196,283
•
-
250.
'
*
Nil
,
$1.23
-
.
19.6%,
or
Corp.—Weekly Input—
10,
amounted
1948
to
input of
76*906,000
kwh.,
corresponding
the
over
the System
> 7
~
subsidiaries
increase cf,12,week of last year.
an
p.' 2577.
Electrolux Corp. (& Subs.)
t
Quarter End. Mar. 31—
"Net
210,000
...
outstanding
Earnings per share
adjust¬
..'"After
*
"
profit
Shares
$0.56
$0.56
all
-Earnings—;
:7r.
1948
•
$1,071,125
• 1,230,500
;
1.947
$491,283
$284,297
1,230,500
1,237.500
1,237,506
$0.83
including provision
1945).—V. 167,
n.
1945 '
1946
$1,021,507
$0.87
charges,
renegotiation in
Income
Net
income
taxes,
2131.
$0.40
for Federal
:.'„7:;
$0.2 J
tax
income
,
/
.
•
p.
638,545
161,451
280,067
$167,277
$358,478
405.000
1_
;>
>
(and
dj..:
•
Profit
before
profit
Capital shares
$0.83
Earnings
per
1921.
-
j
Sales
Earnings—
1948
V
,
722,236
Common
shares
Earnings
per
sub-
"
t890,264
;•
165,
p.
It
.
■■
1947,.:
$4,018,967
taxes_!
361,995
taxes
$3,039,749
;
"
76;854
;
136,000
16,00Q
$225,995
$60,854
800,000
." 800,006
outstanding
share
■—
$0.28
—
.'V
2276.
Elliott Co.—Earnings—
Quarter Ended March 31—
$0.08
t.'^
J.
.
"
1948
..
--v«. ;
1947
;
1946
$5,726,060
$8,246,198 $10,296,621
profit
-
1946
1947
-
^
Federal
Net
—V.
"Net
•
Federal income
*
V-
•■■•V1948
______
405,000
*
80.36
:
Earnings—
12 Weeks Ended March 27—
328,728
'
—
Earnings per class A & B shares__
Elgin National Watch Co
19477
$6,609,928
1948
taxes.u_l__7_i_________;
____7—____C_7___________7_____
profit
167,
'
$7,425,867
Class A & B shares outstanding-_____
—V.
7:7v
Subsidiaries)
;
Profit before
'
$2,792,201
;'
1948
>
,.561,908
Backlog, ,of
*
ordersL_____
—
$30,500,000 $26,500,000 $23,200,00®
"After
sales, Raymond F. Evans, President
explained
higher costs for raw materials, labor and
supplies'
outstanding.
common
shaTeL_L__;_
801.126,
$0.82
787.500
-
•
$1.03
:
"593.756-
.f$0.66
charges and Federal taxes.- tAfter $500,000 reserve for con¬
tingencies. "tAdjusted for - 2-for-l common stock split In September,
1946.—V. 167, p. 44. < ■
*
5
.'
; /
.
•■Net^salefl^i_U^±.—^==^_*a^rr'j"-r=._r
6,155^53
taxes_
633,862
Net profit
after charges and
Earnings per ppjnmon,share__
"Loss.—V.
167)
p.
153,'"
*
.
-
$1-73
i
4^375,700
1,187,734
387,341
*423,673
$1.11
Nil
-
-i;
$3,028,248
dirs.
com.
2360.
p.
"Loss.--
$117,593
inventory
'.•17 -7
•
7,7' 7
Quarter Ended March 31—
Net
$'1.03
in
»8,728,944
301,535
•.
Quarter End. March 31—
1948
sales
income
' 7
1948—12 Mos.—1947
.
$832,576 $13,183,538
91,183
surplus—..
Earnings
1945
,
319,900
.
after
n*.*«;
7
'
t
Nil
:
tLoss
1
for -ap-
stockholders
118,981
,
depL*
&
deductions
Capital
7 '
$179,312
'319,900
/
.*
Ekco Products Co. (& Subs.)
Diamond Alkali Co., Cleveland,
O.—Earnings—
Is
outstdg.
share
_/
per
"After
ments.
"Adjusted for two-for-one stock split late in 1946.—V. 167, p. 940.
Net
the
'
790,550
-
income—estimated—.
on
•Earnings per share
:
t61,690
shares
$520,715
expenses
__
to
327,621
$1,975,756
168,773
profit
Paso;
allocate
1946.
$5,398,827
(Thomas A.) Edison, Inc.—Earnings—
profit
by. the stockholders of El
Subs.)—Earnings—
1947
1948
—7.—$3,401,582
sales
for
624,967
+
tftxcs__L_i,__i 7
167,
tNet
common
■
Commis-.
California
$49,406,711 $43,407f985 $24,249,094 $39,707,117
No¬
revision, in the judgment of trustees.
which would allocate six shares of
of present
6%
preferred stock
common
percentage,
the
to
share
Qtr, End. Mar. 31—
1'
Gross
Power
northern
1948—Month—1947
$1,845,449
.income-^-*—;__l
i and
—-V.
3,039,672
381,949
to
day to Pacific Gas & Electric
per
'■*''.7 7'': 7-' l-77V'7
Qtr." End. Mar. 31—
-
Earnings
1948
earned.
line
submitted
Electric Auto-Lite Co.
present
Eastern Stainless Steel Corp. (&
Capital
Corp.—Earnings—
the
-
stock div.
*—V.
73.8%
of the new common stock to the 6%
preferred stock and 26.2%
to
the present common stock.
Under the original plan as amended these
percentages were 79.01%
to the
6% ..preferred and 20.99%
to the
common.—V. 167, p. 2466.
:
:
•
7
' 7
■>,
7
<•'*,
"Net
Detroit Steel
well:
i
Balance for
holders of common better
"7-":-..:. ;7'-.s""■'7-''77
said that., estimates of future earnings
those
for
share of
a
terms
than
necessitated
common
Net
-
be
Net7income
:
7
7
.7
7
i
.
7'
.
.Detroit Edison Co.
1*
:
^.COMPARATIVE INCOME ACCOUNT
Federal* income
•.
Vice-President,
introduced
new
.and
'7
stock-giving
■"■■Vv.T'V-
somewhat
In
168, p. 2209.
of
treatment.
'
will
.income.—
Gross
lV>* W_- '
service
the financing necessary for
also provide the framework for the expansion to
Ealance;
■t.,
hearing before the SEC. companv submitted an amendment
plan of recapitalization which would change the proposed allo¬
cation
;
V.
\
the
:
million
for
a
13,825
22,700
income—
income
Federal
—V.
________________
operating
At
of. the
to
400
to
and
to Recapitalization Plan—
$1,742,271
1,382,452
_-__i._-_L-__.__
income
Interest
$1,739,353
188,987
expenses
Depreciation
General
1946
1947
1948
,
_
program
addition
million
entered Into in April and May of this year
of insurance companies and banks of both the
required for this financing and that at'an
Explorat'n & devel. costs
■
Quarter
Operating
Operating
ultimate
300
.
cubic feet
__
income-
.'**
>v"7
$75
3
were
revenues
other
Other
v/-
at
company,
•'•*,
deliver,-in
the
to
subject to approval
group
residuals—credit_7_
Taxes,
Associates—Submits Amendment
Gas & Fuel
million
as
Deprec.,^ amort.
7
,.$1.49
V7■ *7 ,:;.7.77v7'-17:•;
depreciation
a
: rr:
Net
1,264
V
Needles, Calif. Mr, Kayser
application will be pressed for decision by their com**
'':?7. C~.; -7' ,::;j
'.
that,
Francisco
Ojteration
"$890,511
:
Nil
$1,744,964
7
$3.37
1
:
construct
Maintenance
5,314
,
the
previously filed with the Federal
to
Period End. Mar, 31-
101,441
.22,097
.
amortization amounted to
$646,569, $566,648 and $467,504, respectively, for the six months ended
$1,497,642
$1,458,287
56,108
of
of
by
$20,000,000
i.
had
such
Operating
250,000
share
commo#
NOTE—Provision
Net
7
taxes..
contingencies—
profit
Earnings
675,496
;
,
Depreciation and depletion charges.
Net
520,017
568,296
'
Fixed
T
736,485
'
taxes
"
23,112
18.797
.
Unemployment and old-age taxes.——_______
income
State
stock
total
a
construction
and
The plan will, provide not only for
:
*$705,894
adjust, for prior years (net Cr)
Provision
'
Canadian
and
towards
necessary
the bay area.
the first step but will
;
79,126
Colorado
project -is
making
this
mortgage, bonds
common
the
the
and debentures
date the matter
early
'■
Canadian
Net
an
the California boundary near
on
that
\ bonds
191,651
89,042
of.
day to the Pacific Gas & Electric Co,
300
for the sale to
$897,545
$3,243,992
14
Southern
the
on
by this application,
tentative agreements
4,502,001
179,939
_
and
Co.
per
gas
the
point
a
I San
; $6,183,011
deductions
Pipeline
?
for
that
He stated
;
•.
/.
17,376,787
$3,137,687
,"108,305
;
152,142
Total'' income
$26,756,817 $24,498,141
revenues
7_„$6,030,869
——
______
first
of
step
facilities
mission.
•' »
,
profit
income
v
1947 '
*
the'first
application
of
stated
"
Delaware & Hudson Co.
♦
to. finance
proposes
1946
1947
,k
..
goods sold——_________
36,011,202
26,957,682
engineer., gen, & adm. exps.*-. 7.559,797 ' 5.602,964
'
*
1948
'
v
^ J'." i;">
Electric.*
at
(
Gas
delivery point
r.-J.i
company
an
service
$49,601,868 $35,698,333 $20,981,243
l
of
Sell.,
,
\
<
.
v
company
called
stated
sion
:
subsidiary,
u
fact
Gas &
\i. [■>'+
ACCOUNT
INCOME
resulting
company
has already contracted for the gas
supply.necessary not only for this initial 180 million cubic feet per
day but also for the delivery of the proposed quantities to Pacific
,
.
CONSOLIDATED
to
'
Project—
California
at "the
.
in:
He
.
the activity in exploration, production, transportation and
will mean considerably more business for them.
;.t,
f.A
"
.I
of San Francisco and
29,900,000
33,800,000
surplus———
-1
167, p. 2028.
Kayser, President of the company, said this construction reilre-
cubic feet of
business,
refining
1947,
foreign
and
Southern
California
.
convertible into
share.
quantities
'f
amount, approximately $1,400,000 will be covered by charges
depreciation, making the net increase in investment in manufactur¬
facilities this year approximately $2,600,000.
Since Dresser companies supply equipment for many phases of the
to
$0.63
representing divi¬
Aerograph
Co., Ltd.
tAfter non-recurring plant rearrangement expense aggre¬
gating approximately $73,000.—V. 167, p. 1468.
dends
stock
of
Co.
Blythel
construction, of
12,800,000
assets
to
delivered
Gas
debentures
sents
V
ing
300,000
$0.44
outstanding--
common
be
near
Paul
$32,200,000
i-i-—
which is equivalent
bonds
with the Federal Power Commission June
of $36,000,000
of
$49,600,000
17,400,000
—
filed
company
issuance
; per
this
oil
_
Earnings
:
_
liabilities——
redemption of
on-
in Federal income taxes.— V.
The
Capital expenditures budgeted for the current year total $4,000,000.
Of
84,200
________
£2.37
the
15-year term loan—_—___L—U 12,500,000
$217,373
,—
-
$2.74
The
V;
1948
_
taxes_____
Net profit
Common shares
.
current
current
Capital
31—
fProfit before Federal taxes
Federal
$90-7,C67
$50,000,000.
.
"11,500,000
___;
Working capital
Subsidiary)
Wholly-Owned
67,501
$1,045,455
requirement::
The application said the total aggregate cost
$54,773,8717, plus a contingency-fund of $1,226,123,
*
Co.—Earnings—
(Including
67,500
applicable to common stk. and surp.
per share
(381,$94 snares)
dividend
r
.
$8,200,000
;
Receivables
$2.72
share__:
per com.
*305,634
$974,569
expenses
River
$4,158,378
$0.86
divs.
com.
191,666
$1,112,955
Counties
or
stands at the
Total
Balance for
16,450
$91,298
would
company
450,011
$1,457,340
dividends—
Pfd.
81,286,203
capacity,. 80 million cubic feet per day would be used to serve Arizona,
New Mexico and the, El Paso area, and 100, million cubic feet per day
.
$4,608,389
$4,634,589
$1,684,885
$1,304,621
application to construct facilities to enlarge its pipeline system so as .to
increase its capacity 180 million cubic feet par day. Of this increased
new
now
840,305
18,764
$107,747
!
$111,623
•—Bond Debenture Issues to Finance
loan was taken up on May 26. so the company's borrowing
full $12,500,000 (due Dec. 15, 1962)./This gives the
adequate working capital to take care of the current volume,
and enough cash to carry out. the plant improvement program. ',
.
There follows a summary of balance sheet items as of April 30, 1948,.:
adjusted to give effect to the increased borrowing.
<
«
•
this
$5,448,694
782,276
$1,261,440
28,410
,
El Paso Natural Gas Co.—Plans Additions to
reported to. amount to approximately
was
$12,500,000 was approved by a wide margin, receiving the
favorable vote of 98.7% of the shares voted.
The last $2,500,000 under
$5,416,865
$1,898,634
213,749
$1,266,211
1,479
:
15,773
reduction
519,895
1,042,644
2,156,905
$2.09
and
for
Cash
337,317
"Includes special-charge of $104,253, representing portion of premium
1946
1947
about
the level of the past six months, indicating that the present rate of
operation should continue throughout the remainder of this year.
At the shareholders' meeting In Mardh, the new 15-year 3Va%
term
;
418,955
513,073
$106,268
6,092
deduct—
income
1,954
505,368
37,022
$105,531
(net)__—
3,333
income—8)5,850
Earnings
1948
-
__
orders—with
it
278
36,176
,
47,000
taxes
income—
Preferred
,
because
43,190
taxes
income
income
Net
Corp.—Earnings—
share————i'/,11 ■'*
per
r-
278
§4,320.704
1,734,032
1149.
March 31—
—
Inventories
Net
305,000
Total
.
Fixed
325,000
$2.44
.
14,626,591
1,948,120
1,942,147
2,795,100
18,669,192
1,995,303
537,134
628,871
taxes-;*——
Income
federal
26,667
The
$8,518,800 $30,834,302 $26,760,652
$9,537,335
maint—
for rieprec—,
Prov.
General
2G4.006
28,333
franchise——
of
General
$43,588,000 Unfilled Or¬
ders—Takes Down Balance of Long-Term Loan—H. N.
Mallon, President, on June 8 said in part:
:
/
1948—12 Mos.—1947
1948—3 MOS.—1947
____
and
Oper.
277,222
Federal
Dresser Industries, Inc.—rHas
other
and
revs,
29,169
$940,328
$3.79
Backlog at April 23, 1948,
$29,000,000.—V, 167, p. 250.
;
Exchange
of
Dayton Power & Light Co. (& Subs.)—Earnings—
Gross
2,049,699
22,535
Depreciation
1945
$1,213,845
$3.81
Faies
Earnings
contracts made beginning
July 1, 1948,* must carry the Jan. 1, 1949, and subsequent coupons.
Interest on bonds is payable at The Royal Bank of Canada, New
York, N. Y.—V. 167, p. 2255.
•
-N
delivery
Period End
1946
1S47
$1,219,133
$5.07
profit after taxes-.—.*
shares outstanding
Net
21, 1948.
y->'- \ :
'
The Exchange directs that the bonds be quoted ex-Interest $5 per
81,000 bond on July 1, 1948; that the deposit receipts be quoted ex
$19.61 per $1,000 deposit receipt on July 1. 1948; that the bonds and
deposit receipts shall continue to be dealt in "flat,", and the bonds,
a
1943
Capital
Jure
be
$4,939,907
136,946
$0.51
$1,474,535
3 Months Ended
first mortgage 5%
50-year
and of $19.61 per deposit receipt, "part-redeemed," for $1,000 original
principal amount of 6aid bonds i$3,06 interest payment and $16.55
principal payment) to holders of record at the close of business on
from
coupon
1948—12 Mos.—1947
$372,525
Amort,
700.000
chgs.
Doehler-Jarvis
notice that, in ac¬
Constitution of Cuba,
1, 1948,
1, 1948,
gold bonds, due 1952;
the
of
the Procedure lor Deposit, payments will be made on July
interest of $5 per $1,000 bond on surrender of the July
1948—Month—1947
167,472
Balance
received
has
Exchange
transitory
a
and
Co.—Earnings—
$414,339
Gross
charges and
all
.r-
2—
Co.—Principal and Interest Payments—
York
New
cordance
all
1294.
p.*
revenues—
Utility ' oper.' income-
shares.—V. 167, p.
common
to
$1,235,030
__
share—.
per
160,
Co.—Earnings—
after
tEarnings
V.
45;
Operation
\
chgs._
...
12 Mos. End. Mar. 31—
/
...
167, p.
Electric
Paso
Other
N,
Cuba RR.
of
EI
1946
$581,959
1947
►1948
share—
common
company.—V.
Period End. Mar. 31—
1306.
p.
Dixie Cup
the post formerly held
H. Schiegcl who was recently elected Vice-President in charge
Sales and Advertising.—V. 167, p. 1920.
As
of
per
167,
..
Operating
N.
.dr.
'oy
(& Subs.)—Earnings—
taxes and
shares—.
common
Earnings
and
Manager
of
after
income
No.
■*'
Maintenance
Quarter Ended March 31—
Cory Corp. of Chicago—New Appointments—
ment
rapid pacet Mr.
Diamond Match Co.
xiipp & Co. on June 15 offered 20,000 shares of common
stock (par $1) at $18.50.—V. 165, p. 680.
.
,i.
Equity Fund, Inc.—Registers with SEC—
to reach full production in July or August the magnesia
plant at Painesville is now in production and initial ship¬
be made shortly, Mr. Evans added.—V. 166, p.
1477.
refractory
banking syndicate headed by Bacon, Whipple
& Co. and including Robert W. Baird & Co. and Rodger,
vestment
Monday, June 21, 1943
The company on June 9 filed a registration statement with the SEC
covering 400,000 shares of common stock (par 20c), to.be offered at
market (about $4.39).
Company is an open-end management invest¬
at
Evans reported, with expen¬
during the quarter amounting to $4,800,000.
plant, which began production about a week ago,
Houston
new
is expected
Stock Offered—An in¬
—
in selling prices^ plus the,, fact, that
1948 "start-up expenses of the company's
of
plant
program continued at a
ditures tor this purpose
Mercer,
*
CHRONICLE
Houston,
Texas,
and Its magnesia
refractory plant at Palnesville, were absorbed out of earnings.
Construction activities in connection with the company's expansion
June 11 filed a letter of notification with the SEC
on
"or
first, quarter
the
electro-chemical
new
per
FINANCIAL
&
corresponding increase
a
during
SEC—
.
COMMERCIAL
.
vj11
■•T.VS >
Volume 167
Number 4709
THE
COMMERCIAL
' ■>?
CHRONICLE
&. FINANCIAL
1
/ L
Empire District Electric Co.—Earnings—
3 -Months Ended March 31—
Total
gross
operating
1948
1946
„
92,462
158,805
.
..
(otherThfm
Income
inc.
taxes).!—:'
148,559
-121,855
taxes—-150,265
\
110,760
;
operating1
—
$402,265
184,350
$335,493
i_z—
2,850
2,818
revenue—.—
—„_L_
board
2,190
The
of
-income.,
$405,115
Net
—V.
charges..—
income—
.
167,
—;
104/737-
„
$281,069
' $338,877
$233,574*.
for.
Quarter Ended March 31
Wet
sales
Wet
profit
•'
-Earnings—■>/..
'
•-
'"w
•
share!—
per
",1948
.
1——
.
.
r
$0.3&
——
Quarter Ended March 31—
Net-
sales
-
..
,
Net profit
$3,711,298
Common
shares
Earnings
per
•After
outstanding
;
275,579
dividend
373,594
——
share—.
common
preferred
taxes.
———_
167,
\-
Engineers Public Service Co.—Rehearing Denied—
The
SEC
of
Third
for
call
Circuit
premiums
The
of
Commission
by
adhere
Court
its
on
ordered
March
John
further
167,
3 Months Ended March 31—
Gross
giving
$5
and
$10
rehearing
Jr.
that
the
of
preferred
share
a
and
the
consideration,
p. 1150.
court
matter
to
or
V
title
Total
earnings..
gross
Operating
back
form
a
$1,091,926
$957,234
47,749
Taxes,
other
than
income-J
on.
Federal
Federal
either
surtax
".
to
t
-,
$213,921.
.
'■■I:; >*.
f.r, Balance
—V.
:
for dividends and surplus
166,
2102.
p.
$198,101'?
any
the class
and sell
privilege of
any
96,325
V' 15,779
$202,072
Is
••
j:
t740,3l8
tne
to
shall
of
9,000 shs.
1,000 sh,.
$100,000 shs.
42,750 Shs.
par)
to
—
be
time
issuance
board
that
the
Falstaff Brewing
The
grease
w.thout
or
:
\,
(A/ B.)
of
Profit
before
income
tsi
t-:'r
,•*
vpfi
taxes
As of
paper,
en¬
C.
"1948
;
'•"'"..V
*
:
.ii«s
*
aok
■
authorized capital of
stock
A
June
(par
1S48,
1,
Cprp.,
$1)
them
T.
Bradley, Assistant Treasurer;
25,000
one
source
Earle
is
President
approximately
Carolina, Georgia
added
consume
balance
from
will
of
part
a
which
pulpwood
63,425
that
6
Months Ended
sales
Net
Earnings
per
205,000
$0.46
common
p.. 1588.
;;
:f'~ V;"'".; *'
-
r/_*.
.
.
i
Income
Net
^Quarter EndecFMarch
Sales
Net
;•
$0.37
v
*'1948
.
-
.
1947 *
1946
v
463,454
327,964
24,089
outstanding-^;.—J*'*" 1,200,000
1,200,000
>>v, $0.27
Earnings
'1,200,000
V
$0.02
1807.
p.
taxes;,,
share—';*■*'
per
—V; 167,
•Net
$1,898,436
Fed,
;
$0.39
Earnings
Stores, Inc.—Loan Placed Pri¬
1968.
Lehman Brothers and A. G.
;'The proceeds
and
will
they
!
tNet
a
put
arise,
taxes——
(Harry)
in
a
additional
stores.—V.
Ferguson, Inc.—Loan
167,
p. ,2577,
outstanding—
—
$1.23
for
of
a
tractor plant now
new
251.-
p.
profit
3 Mos. End. Mar. 31—,
sales
•Net
Capital
'
units of
The
V,
stock
1945
$7,443,594
$6,437,944
V V 377,520
343,595
$2,740,000
T82,032
316,320
316,320
291,320
Earnings
per
;
share^^—
; $1.19
r
$1.09
:
••
After
charges
and Federal taxes.
>'4
■'
■
'".i
'
With
the
$0.46
all
;•
Quarter Ended Mar, 31—
•;
Profit
*.
before
Federal
tax
Federal
1948
tl947
>? ;
41946
Net
profit
-i—.
—
shares
Earnings
per
!*Loss.
outstanding__^___
"share—
'254,910
274,000
$543,386
345,341
>
^Consolidated
figures.—V.
$0.97
166,
p.
Quarter Ended March 31—
sales
345,341
•
■
Nil
Profit
Income
Net
charges
——
taxes
instance
.
Earnings
•After
outstanding—,.:—
peVicomhton •sh'are_*_C.
$100,000
provision
subsidiary only /or the month
for
of
"1946
*.
income
$0,11
-
Baking Co.—Earnings—
Encjecf—
Weeks
,
Mar. 29/47
Mar. 27,'48
charges——
$1,178,493
income -taxes—
Federal
$1.03
1——$0.21
1787.
p.
after
Net
$2.11
——
550,707
$560,895
230,871
1
>*
.
MaiT36/46 Mar,,31/45
"$863,873/ $1,074,973
" 357,410';
647,717
$1.32
$0.97
taxes.—V.
Net
167,
profit
$627,786
$336,024
$506,463
$427,$56
1,569,797
1,569,797
1,569,797
1,569,797
$0,29
$0.11
$0.21
$0.16
——
„ilZ,
shares
Common
Earnings per com. share
—V. 167, p. 1043.
1947
1946
General Cable Corp.
1945
$51,564
$80,210
299,129*
299,129
..
.
*
.
*$0.31
;
—
8,250
not'
to
remaining
proceeds
and
>
*$0.16:
fAfter charges
,
:
$0.26
profit
sales,
on
.
deprec..
bef.
.'.'.Balance ■,
1946
1948
1947
$2,338,792
$3,214,366
.
*$2,068,045
485,602
423,524
480,474
$1,853,190
52,915
$2,790,842
59,918
$2,548,519
101,578
$1,906,106
$2,050,760
$2,446,941
195,420
197,216
203,879
$1,710,686
$2,653,545
*$2,650,820
419,415
Selling, admin, and general exp.—_
Federal
and
(& Subs.)—Earnings—
Quarter Ended March 31—
•
Gross
— i———
income (net)
Stock Offered—Stifel,
Total
income
Provision
Net
fdr
Net
————
depreciation.^
profit—.—
(net)——
operating
income
Other
V
;»
14,753
22,113
——
income
$2,668,298 *$2,231,405
$1,732,799
Provision for Federal income
additional shares of common
exceed a maximum of 2,000
6,250
its cost of $4
shares
of
Net
per
No.
stock
common
will
be
used
to
retire
working
to
the
'
w
1,040,000
—Z.—
$1,628,298
1,898,614
'$2,231,406
$0.74
Nil
1,898.614*
166,
$0.46
share-
'
671,856
2557.
p.
General Cigar Co., Inc.—Earnings—
,./■
;
(Including Wholly-Owned Subsidiary, General Cigar Co. of Cuba, Ltd.)
3
Mos. End. Mar, 31—
Operating
w"'
660,000
$1,072,799
shares——
common
•Loss.—V.
capital in$100,000 unsecured
-v"
of common
per
taxes.
—
1
,
added
income
Earned
vlWwV:'*''/,
will.be
*;•7':%.,, " w;'.;
,
:
'
7 Mos. Ended
,
Mar. 31/48
Prov.
$1,725,327
'869,849
t213,151
369,000
$500,849
+$213,151
383,973
268,693
217,706
$1.59
$1.86
contingencies.
to
1946
$136,102
$182,857
$120,560
Aug. 31,'45
$38,121
exps.»54,887
72,849
42,958
18,661
1
and
Years Ended Aug. 31
si.
1947
-
Income
admin.
28,351
44,082
28,989
7,865
,■
.Balance
W. $52,863
$55,925
$48,612
$11,595
693
-
.
—
743
547
$66,666'
$41,159
$11,595
19,430
for
Prov.
for
1948
Federal
$722,165
1945
$853,172
r
78,000
-—
148,634
513,337
130,643
$447,742
472,982
,
274,423
$242,509
taxes
1946
$343,796
1947
$391,143
profit
contingencies.
472,982
$0.76
/
■
Net
profit
y
Com. shares
♦Earns,
per
•After
outstanding
com.
share
$0.32
profit
—g.——-
1948
•
business
.
fLoss.
Nil
§Includihg
■
167, p.. .941.'-
in
;,
(est.)_
$53,557 '
"
22,300
26,926.
General Outdoor Advertising Co.,
,
,r.{
$31,257
$5,967,855
$5,286,933
4,813,470
4,173,774
3,909,015
$1,154,385
$1,113,159
$990,767
'
$29,729
Miscell.
Total
—.—
$39,742
$3,975,921
$4,899,782
expenses-
> >
1945"
1946
revenues——
$8,195
operations
income
(net)
150,994
—
..
121,862
.
-
137,593
3,107,296
$868,635
110,313
-
AND
1944 in Missouri.
The business of the company primarily consists of the financing
and -discounting of
instalment contracts on .motor vehicles. . As. of
31, .1.948
the
predeceiscr
-had receivables totaling
were secured by pledge of
company
of ,which. $1,074,6/3 or 97.9'i<
automobiles1 ihd (rucks. It Th'a§( also 'linaincqjl a
$1,097,473,
$0.36
Inc.—Earnings—
1947
1948
Operating
Profit from
incorporated Sept. 26,
March
472,982
preferred dividend requirements.—V. 167, p. 2256.
Quarter End. Mar. 31—
BUSINESS—Company was incorporated April 29,
Missouri, and oh May 1, 1948 succeeded to the assets and
and assumed the debts and obligations of Gale & Co., which
profit
HISTORY
$261,835
$213,153
472,982'
$0.26
3.400
Misc. income
Net
$5,723,571
1,040,035
March.—V.
:tl3
'
'
428,730
shares
/
;
1946 '
-i $115,968
resell
,
was
Common
share.
166,
General
800,000
requirements.
the
to
net
>>:>
Total
$611,305
profit
B
2,050.000
share.
Earnings per class
$212,530
of the 2,000 shares mentioned above, the
retain all of said shares for investment or may
part at the original offering price of $4 per share.
any
Taxes on income
1947
—$7,342,764
after
*,627,664
A
Operating
1786.
§1948
-
••
2,050,000
Earnings l«r class
♦$254,910
Follansbee Steel Corp.—Earnings—
Net
1947'
outstanding,!—
STATEMENT OF INCOME (PREDECESSOR COMPANY)
■'
■;
'
Sept. 26,'44.
Gen,
$336,141
>345.341
$1.57
—__
-T
1948
"
$20,773,600 $16,771,800
791,200
1,542.900
outstanding--.^—> ,527,664-
800,000
employees of the company at
Other deductions.—
Caapital
>>'''»'• "
;
shares
shares
payable.-
$1,305;211
*610.141
345,000
:
$4,825,765
888,386
tax—
provision
"
shates
$1,057,429
Federal
r
taxes——
A
1947
:
':
March '31—
charges and
••
$6,502,284
^
respect
may
or
first
note
y
''
profit after
B
•>.$ 324,249
'.V-j
2028
p.
was
46.
Class
324,249
*$0.12
purchased
to
and
unsold
any
Florence Stove Co.—Earnings—
Sales
has
agreed
PURPOSE^-The
233,056
167,
P-
Class
Registrar and transfer agent, Mississippi Valley Trust Co., St. Louis,
'<■
available.—V.
tNot
has
to officers
Mo.
*
167,
¥";'
Louis, Mo.
$106,552
$0.28
"
'
f
•
1947.—V.
*$1.00
>15fi00
share of each at $29 per unit.
underwriter
share.
resell
1946
2,040,861
stock
preferred
110,330
Co., Inc., St. Louis, recently offered (to resi¬
one
and
shares
-Earnings—<
1947
r'
_'_i.
shares- outstdg.
'
'
St.
October,
All
General Aniline & Film Corp. (& Subs.)—^E^irnings^-
Net
45.';..1;;v.
Co.,
in
requirements.
"
'
*1948
"
-
&
underwriter
—r
profit
p.
redeemed
or
$2,064,698
,2,338,317
share—I.!.-$0.89
dividend
preferred
1,780,900
$2,067,689-
—
outstanding.—.—.—^
common
Sales
only) 9,000 shares (no par) $1.50 cumu¬
lative preferred stock, series A (with common stock
warrants) and 9,000 shares common stock ($1 par) in
nearing completion.—V* 167,
-'''V.
Vvv'i.
(& Subs.)
per
Quarter Ended
■■S'f
1948'
.
39,437
1,350,000
-v—v-i-J
shares
>
25,000
$51,472
.
175,335
1,396,500
dents of Missouri
Placed Privately—The
and
Ferro Enamel Corp.
Net
167,
Nicolaus &
company, it was announced June 16, has concluded ne¬
gotiations for a 10-year serial loan of $1,500,000 maturing
z:
31—^
1947 ••
$5,410,370
191,026
$60,000
Co.—Earnings—
——
i
1948
$3,675,215
—j
contingencies,——_____.
Common
converted
$776,438
$1.09
and
Nil
^ >
1043.
Income taxes
•After
1948
share—x—.
depletion,
<
•' '
—
$1,335,145 *$1,519,377
1,027,800
1,027,900
__—__
Provision
its
$874,672
:
*1,519,37$
866,000
—
Operating profit
Depreciation and depletion————.
Interest;
—■—
in
etc.——1—
\
,
-*:"'
1947
•
Gaylord Container Corp. (& Sub.)—Earnings-
""
col-
Bank
—
1
2,201,145
share—.;
common
167, p.
Other operating
Gale
\j: \-
June 1, 1958. with Penn Mutual Life Insurance Co. Pro¬
ceeds will be used in the construction and equipment
'■
all
this financing—.
.
shrs.
taxes.—V.
the
2028.
1.200
comany,
.
.
Co., Inc.
p.
$17,929,567 $16,891,162
.—
Quarter Ended March 31—
—V.
outstdg.J
Earns,
per com, share•After preferred dividend
added to the general funds of the corporation
position to take advantage of opportunities, as
acquire
National
outstanding.—- 800,000
are to be
it
to
Becker &
profit
167,
1948
•
V
—_
shares
•Loss;—V.
'
•
3 Mos. End. Mar.
•
Common
20-year sinking fund note due June 15,
Arrangements for the loan were made through
on
the
of
depreciation,
Gabriel
vately—The company it was announced June 16 has
$15,000,000 from The New York Life Insur¬
Co.
of
—
—.a,—
per
;; if After
rp.- 1587.";
borrowed
ance
p.,2578.
profit
and
Earnings—
—
Earnings per
1,000
to (be raised by
Capital., shares
.
Federated Department
First
———
organization
v, 167,
owned
lands.—V.
farm
30—
taxes
Net
-
Quarter Ended March 31—
-
$4,251,073
aft., chgs; &
'shared 1
Capital
••
—
and
mill
0/ pulpwooci
cords
lamb
con¬
of
.
tFreeport Sulphur Co. (& Subs.)—Earnings—
'^L_—^^^i;.:.^ii:if^ii-^I^'$5;361.545
profit
by
release
—
thereon
funds
North.
in
Paperboard Corp,
250,000
from
profit
Common
>
Fedders-Quigan Corp.—Earnings—
.
thereunder
and
working capital and other corporation purposes——
Total
which
Corp.,
timberland
or
$76,838
•>>205,000
outstanding-
of
obtained
producers
April
income
Earnings
the. sale
To complete construction and improve operation speed
and efficiency ol Form Moulding unit, approximately
To reimburse underwriters for funds advanced by them
for
Southern
excess
be
VVoodlands
of
acres
;
Profit before
J
Interest
\
the
in
will
Gair
a
and Florida.
Gar Wood Industries, Inc.
>
shares of
,
52,100
of
175,000
operation
year,
Trotman
B.
wholly owned
tlmberlands an&
of supply of pulp wood for the mill at Port
announcement
full
a
of the underwriters.
Trustee
(e>
R.
and
;
a
W.
purchased
The
in
of
(ind.)
fee
Corp.
Secretary.
Woodlands
as
pulp and
the company
and
none
(b)
(fj.For
shares
120-day 6note
held
Marion
<-:•*.»
»$128,938
•
$94,064
Common
165,
lateral
'
■'
1947
'•taxes..u/.t,.—„$157,489
•——
*
of
Papcrboard
and Forester; E. O. Sommer, Comptroller; E.
W. F. Howell, Secretary; W'l.Sum Bergman, Assistan;
R.
Carolina/ South
of
with
paper
(d)
151M$&•».'
1,1
Payment
Southern
of
Corp. was organized in1946 as
Southern Paperboard Corp, to acquire
to
and
(c)
Net" pro-fit:
—V.
\
Farquhar Co.—Earnings—
Quarter Ended'March
Income-
(a)
.
Vice-President
Wentworth.
the
shares to, American Trustee Share
-
record
common
develop
containers,
wax
; PURPOSE—Funds
received 'by ,the company from
class A stock will be used for the
following purposes:
-
eceivaoie.
x
subsidiary of
and sale of such articles,
production thereof and to license
the production thereof.
*
class
of
(par $1).
of
or
covers,
,
Merger—' -'
on
June 21 will soon' vote on approving
an agreement of merger between this
corporation and Columbia Brew¬
ing Co:—'v.; 167, p. 1921.
/V. >.
'K\;■ .ttV,■ V
;
v;
stockholders
Corp.—To Vote
mill
new
■
'
March 31',"
of
tAs
directors,
of
exercise" of
upon
per
Assistant
snare
eacn
1,000 shs.'
for
Meyer, Treasurer;
equal
dividend
holder
40,000 shs.
Gair Co., Inc.—New Mill in Operation—
Comptroller;
stock
B
par)_^_+—_+i—+.«
(no par)+_—-
fno
announced
Earle^
treasury by Lee M. Wiley to the Marion Associates, Inc., John Matter,
and Darl C. Miller,
the-company has also sold at one cent pejf share
4,810 shares to Young & Co., Inc., one of the underwriters, arid 3,810
$210,548
$40,000
$40,000
Ga., w:th a rated capacity of 450 tons of container
day, started operation on June 15, 1948.
••Robert Gair; Inc., owns a majority jf the >toc!". of Southern Paper*
board Corp. The officers are: George B. L>yk\ Chairman of die Board;
Ernest Rossiter, President; T. Raymond Pierce, Vice-President; T, W.
noard
the class A stock
has been issued, and there has been issued
15,000 shares of the class B
stock in part payment for machine and
equipment.
In addition to the
sale by the company at one
cent per share of stock donated to its
$226,327'
.
Outstanding *
Authorized
Pert Wentworth,
at
the class
time
one
participating
with
machines for
200,000 shares
stock
,
,
Provision has
share.
conversion
a
stock
reserved
Gair
into
class B
one
in
90,658 V
of
class B
i
$ Includes 22,5b
stock warran..
issued with the 9,000 shares of preferred stock, seiies A. '
;
when, as and if declared
time
the sidewalls, made
to engage in the production
materials,
produce
oblong,
or
curves
97,004
£/,: /"'V/w
...
square
CAPITAL STRUCTURE—The
15,813
com*
>
.
,
.
maturing
.
•Fixed from* time
quarterly.
frozen food packages, syrup, oil,
styled
:
be aa follows:
r
note
1948, secured; By pledge of $847,595 notes
shares
machine to produce food and liquid
(for hot and cold liquids), bean pots,
cups
42,500
$217,886
:
15,820
—
1
requested
when they become cumu¬
1949,
paid
automatic
24,839
,
'
Balance before capital chargesInterest and other charges
be
97,519
*'
"
,87,376
>
,
paid
to
drinking
as
—
(Robert)
outstanding at
be
then
capitalization would
trust
Cbmntoav stock;; ($1
has
to
J
,
share.
per
such
round,
other
sists
103.893
-
and
amount
at
of the
stock
thereof
year,
Preferred
v
A
of
$6 preference stock
to
payable
1,
shares ior
A
'
others to use such machines in
taxes
•—•.
inc.- tax
normal
stock
share
per
42,500
42,500/
arc
convertible
moulding
ilower pots,
52,261
517,987
;
Corp.
HISTORY AND BUSINESS—Company was incorporated in Delaware
19, 1948, and is licensed and qualified to do business in Indiana.
Company war organized to complete the deielopment of new processes
$1,004,984
——__
—
A stock
is
class
cents
10
containers
'
Depreciation
Chemieai
&
Stockholders, willi.be
same.
cents
.
of
the
of
exceed
and
$1,144,188
665,182
"■;t: 37,564 V ' 30,441
predecessor
i
of
*
deed
one
B
/.!>,'
735,085
+__
"
i
stock
March
$1,220,340
costs—
■
1948.
1..' monthly to' March 1, 1963-1---^+.—;+.
Bank
loans maturing
not later than
stock, provided that in any one calendar year the total par¬
ticipating dividends payable to the holders of class A stock shall not
Supreme
-1947
the
of
11.7%
31,
completion
shares
9,000
and
-■
4%%'
167, p. 846.
prevent dilution
holder
without
Maintenance
preferred
the
of
company's debt
statement:
proxy
will
cumulative
Machinery
preferred
5
stock
A
share
l/10th
go
of
rate
to
>1946
1948
the class
<
the
:/>.Z !;r/\//-i:
Co.—Earnings—
,v)
class
Each
class
U.
the
stock.
A
would
S.
Food-
of
share,—V.
per
on
made
been
order
it
must
the
to
of March
'
stock
the basis of 20 class
on
the
an
said
Westvaco's "$3.75
of
authorized
the
$1,50
at
The
retire¬
to
at
lative
stock¬
in
in
made
was
The
operating revenue—,——$1,165,224
income;.;—.v
55,115
Other
petition
a
proceedings remanded
with its decision.
line
a
Fall River Electric Light
>
in
Biggs,
decision,
for
denied
the
study in
petition for
appeal.—V.
an
of
It
Judge
Commission
has
action
premiums
further
the
of
Circuit
to
the
Commission's
stock.
for
Rejection
signed
the
Appeals
by. a
agi eement
merger
by the board of d.rectors until July
company's case with respect to payment
company's preferred stocks. ^
' 1 1
in
a
unanimous, decision handed
down
last
Engineers call
their
of
ment
to
Court
reversed
of
basis
preferred
Dividends
*
the
the
on
Appellate
March
holders
Court
rehearing in
a
accompanied
July,-, The
Corp., New York and Young St Co., Inc., Pitts¬
burgh, on June 9 offered (as a speculation) 100,000
shares class A cumulative convertible participating stock
(par $1) at $2.50 per share.1
'•
$0.74
-
2256. •»£
p.
the
on
tee Share
373,594
*$0.86
—.
requirements.—V,
be' repi esented
Form Moulding, Inc.—Stock Offered—American Trus¬
$3,433,155
—c
after charges and income
will
-
,
issuance
Tt
1947
"332,136
„.
amounted
as
of
the
recapitalization,
sale
preferred stock, series A, with
warrants and 9,000 shares of common stock in units, sale and issuance
of
the 8,250 shares of common
stock being acquired by the under-t
writes*,"'and the retirement of the $10(1,000 unsecured note payable,
$25,000,000, which is
less than the combined amount of preferred stock new authorized for
the two companies. It is anticipated that the dividends on the common
stock
of
Food
Machinery,
the surviving corporation, will
be
con¬
$0.38
.
.
stockholders
to
part, of
new
a
tinued
1948
,
sent
Increase
to
Etnsco Derrick & Equipment Co.—Earnings—
•..
engages in floor
CAPITALIZATION—Upon
and
which
preferred stock, wilt remain the
,*Based on 567,500 shares of capital stock.—V, 167,-p. 649.
.
carrying
vehicles,
motor
on
pany's total receivables
the same dividend rate, and substantially^ the same, rights
preferences'attaching to the- present Westvaco stock. : The rights
and preferences of the Food Machinery 3 lA %
cumulative convertible
215,368
.
in
liens
hand
on
plan or wholesale financing
the lending of money
to retail sellers to assist
their Inventories.
Floor
plan paper, secured by
of
consists
them
and
••
1947
«$1,460,369
■
204,684
addition, the company
which
having
"J;
•-
$1,729,042,
——
—
•Earnings,
/
equipment sales, 'the- amount of" this paper
the total receivables as. of March 31, 1S48'.>
of
In
'
;*
■ '
■ >
: )
requires the approval" of'.the "pre-",
stockholders of both companies, is in preparation
common
be
early
"
,
agreement,
share-for-share
a
Empire MUlwork Corp.
2.1%'
provide Tor
an
exchange, of I1/*, shares, of. Food Machinery's:* common stock for
each
share of
Westvaco's common stock and
for
the exchange on
1363.
p.
the
in
90,253
and
will
and
$429,130
$338,311
■
124,046
directors.
inerger
ferred
Total
IirteresUand other
dust-rial
-
of this
corporation and Westvaco
agreement for the iti'erger of these
an
Westvacd's ' interest
and
company
$426,940
v
:
reached
.
the
Wet
Other income.
Corp.—Proposed Merger—
managements
hstve
viving company, will change its name to Food Machinery & Chemical
Corp. -The business of Westvaco will be operated under the direction
of its present management '* as the Westvaco
Chemical
Division
of
95,420
-
and
Corp.
companies, it was announced on June 17 by Paul L. Davies,
President of Food Machinery Corp. and William B. Thom, President
of
Westvaco
Chemical
Corp.. .Food Machinery Corp.,
as
the sur¬
187,544
..
directors
two
380,644
.
Taxes
The
Chemical
$1,526,165
.
„
Food Machinery
r
1947
$1,832,747
$1,734,563
Production and distribution e*P?t—'. L.,650,370
* 704,681
General, admin, and'misc! exps...,.
217,786 .;
187,865
Maintenance and repairs—"
:
"
79,902
105,669
Depreciation
—-———_—/
183,600
168,240
revenue.——
small volume of fhl' '.V
•'
Amortiz.
profit
prov.
for Fed.
$978,939
254,389
240,908
229.870
404,000
393.000
349,000
425,000
$595,633
$538,451
$324,069
$0,97
$0.92
$0.83
$0.33
for
retirements
Prov.
$1,128,36/)
282,473
$618,906
and
$1,243,022
.$1,305,379
inc.
taxe.i
.
■;
Net
profit
Earnings per com. share
—V.
166, p.
vjjf
1993.
.
..; .a'
;
6
THE
(2686)
General Plywood Corp.—Earnings—
FINANCIAL
&
COMMERCIAL
CHRONICLE
Monday, June 21/1948
Grocery Store Products Co.—Earnings—
Hershey Chocolate Corp.—Earnings—
'
..
!
*
Net
31—.
March
Quartet- Ended
profit after charges and taxes—_
Capital shares outstanding
Earnings per share
—V.
:—
*
...————
^
1947
$600,560
300.000
1948
$45,000
600,000
S0.07
,
167, p. 1469,
Quarter End. Mar. 31—
,
Net
Earnings
.
* After
,
General Public Utilities Corp.—Weekly Output—
General Railway Signal Co.
Quarter
March
Ended
31—
167,
$25,339 *
$237,630 "
331,051
Earnings per common share——1
'
Nil
Nil'
tor
$1,652,128
depreciation
from
Total
operations
289,061
*$844,762
20,083
19,636
13,173
income
income
—
•
548,408
,
38,205
*$536,603
456,576
$550,895
456,576
$1.51
$0.88
Stock
Exchange
must
redeemed
he
shares outstanding
Nil
share—
i-Earnings per common
*.;'«•
••
•,
.'/•■,■
>'
.
^.-1-
Other Income
minimum amount by which, as a result of oper¬
in first quarter of 1946, provision for income tax
when year-end results ale determined.
^Divi¬
preferred stock disregarded,—V. 167, p.. 2029,
.1946
have
been
arrears
•Net
on
.
10
Period-
112,000
Interest
•
.Surplus
Common
preference
for
<
,
253,843
771,475
253,843
514,312
$1,296,577
$2,761,870
2,057,250
685,749
$0.97
.J.
____
$4.63
outstanding
share.
common
subsidiary.—V.
p,' 2210.
166,
"
Hinde & Dauch Paper Co.-
Quarter End. Mar, 31—
.
Net
for
charges—,
Federal
51Q47
Operating
$226,875
revenues,—
1947
$236,091
to
include
Operating
$52,050
.revenue—_*
2466.
167, p.
$1,118,050
$50,250
*
..
■
Tr,.of
$1,081,608«
•-i'
■
•
for
-created
38,492,704
ments
896,300
263,000
$426,109
476.379
476,379
427,824
$2.44
$2.37
J$0.99
year-end
adjustments,
XAfter
on
preferred shares
343,023
(Charles E.)
thep
outstanding.—V.
167,
Number
337,770^ ..5,713,523
18,907,450
15,
June
recorded
New
the
on
in
transactions
the .stock
Curb
York
of
Excnange
this
e?>:es's profits
•
,
refunds
5,479,017
in
tile
$zd
n,sw
■
value shares.
■
•.*/
.■
••••"'•:
April 26, last, the stockholders approved the proposal to change
par value of
the capital stock (5U0.000 shares authorized, witn
.
of
-J 1,016,120
j
*44,741
I
417,120
417,123
417,120
*■
$0.3u
Nil
2467.
p.
*
'
■
(& Subs.)—^Earnings—
1948—3 Mos.—1947
—
taxes
Capital
;.;762,090.,i
■
'treas, stk. purchalsed during year
••
1946
$1,675,689
124,487
1948—12 Mos—1947
Net profit after charges
19.923.570;', ,20.347.889
1,500,000,
shares
8,060
on
167,
Holiand Furnace Co.
and
paid
1947
$2,781,468
outstanding
Period End. Mar. 31
.
25,698,570.
Premium
shares
of
•"Less.—V.
•
:'-r < •Vw',—
Djvidends paid-in cash
company
1948
*407,244
Earned, per
v{
9,155,344-..
19,585,799
'
*
,
Total
Gladding, McBean & Co.—Par Value Changed—
154.
p.
(& Subs.)—Earnings—
'
profit after taxes_.
"
Beginning
f$0.83
require¬
Nil
Net
-
sales.,
readjustment
•*
prior years.,.-..,^.— Cr4,500.000,
for ipostwaf
res.
tax
360,250
dividend
$2r303,623
Net
1.160,776/;;: 15;100,OOQ
1,269,603;
Hires Co.
6 Months Ended March 31—
431,908
;
,
1,603.013
income
surplus
$343,294
"
237,130,494
215,835,058
63,162
postwar
in
939,494
596,200
-
$1,130,345
share.
com.
1945
$6,343,234
.
■..■a-./J—2,291.120
earned
Reserve
1947
,
income
Previous
—Jan. 1 to June 7—
.'1948
1947
la43
<
$1,631,358
$1,066,000
-Week Ended June 7—
Period—
Net
"
689,109
700.000
Common shares OUtstdg.
"Revked
2,026,643
$1,163,029
profit
per
1946
$5,892,278
1,863,029
taxe3
-
*1947
$9,124,391"
"$7,070,777
after
Prov.
-Earnings—
1918
-
sales
Profit
*
37,615,541 f236,846,862 /
877,163
"V 283,633 -v
Tooling and development costs-—
for Fed, taxes on
_____
$3,530,026
dividends_.ui.___
stock
period
shares
"Including
,
Provision
2,163,564
-222,000
.
$2,321,895
_
dividends^.
stock
Earnings per
Earns,
35,048,121
—_____
___
$5,915,590
declared:
Common
%
24,566,114
—______
Jan. 1 to May 31
Days Ended May 31
1948
income
132,610
500,000
.M
—i
Convertible
'
20,942,224
Total
'costs
Georgia & Florida RR.—Operating Revenues-
par
;I--
Ji
__•
profit
Dividends
Wages, salaries, materials and other
reduced
■I
were
res:
-
4
1945
-
-
'$
324,867
.
"
$4,592,895
1,659,000
Pennsylvania income tax
future invent, price decline
for
to
I
tax—
of
Net
•
24,241,247
/«.
;
$5,782,980
7,562
-
j
•
.
$ '
'
"Sales
456,576
1947
,
$4,585,333
fEstimated
*LoS3.
—V.
1948.
2,
income
Approp.
ACCOUNT FOR YEARS ENDED DEC. 31
INCOME
ating loss sustained
dend
July
1
s__7
„
Commonwealth
on
that, the common
directs
on
v'$341,034
Dividend
distribution
company
fCr343,736
,
.
will
stock
the
48,750
367,028
22,500
_____
profit for the period——
Common
100'k
a
said that the increase in stated capital is consistent
requirement for fixed assets occasioned by the growth cf the
business and the recent purchase from the government of additional
plant and equipment at a cost of about $3,500,000, which tends to
insure continued operations.
' '
with
*$831,589
$956,128
$1,411,942
interest
authorized
9
operationsi____-
.Total ;income
•
York
New
due-bi Is
ail
163,013
$9367492
260,269
from
Income1; less tniscellaneous. deductions—
>■
stock be •;<
that all, certificates
delivered
after
June
18,
1948, in settlement of Exchange contracts
made prior to June 30, 1948, must be accompanied by due-bills; that .:
*$681,749
$1,225,553
$1,391,859
/revision for taxes on income..
Net
Profit
Other
for
quoted ex said distribution until June 30, 1948;
not
1946
1947
1948
expenses——1*.
Non-operating
June
on
,
(& Subs.)—Earnings—
The
Bond
$23,000
167,v"p.V252,<
price, adjustment.- -V.
*1947 ";
i
payable June 29 to holders of record JUne 18.,
.They also authorized the transfer of $942,340,j the entireJ capital
surplus, to capital account, and $3,057,659 Jtom .yarned,surplus to. .,
capital account, so that after the distribution and the transfers the
capital will be $5,000,000, represented by ll,000,too shares of $1 par'^
common stock.
"
" '
*'
46.
p.
3 Mo3. End, Mar. 31-
Profit
216,928
$1.04-'/-"/ $0.40
present outstanding 500,000 shares of $1 par .value common stock,
the
,
directors
.The
Provision
88/0S2
.
1948
sales, less discts/ returns and allowances $39,959,827)
NOT
Cost of goods sold,, ship., sell, adm.&gen. exps;
35,374,494) STATED
Federal'
*$64,557
331,OS/
331,051
$0.63
General Steel Castings Corp.
after
a
216,909
-
tAfter prcrvtsioh'
taxes,
income
..226,384;,
.
.
$0.32
Grumman Aircraft Engineering Corp.—Stock
The
1946
1947
1948
profit after charges & Fed, tax
shares outstanding.
Profit
and
Inventory
,
282,629 '
,
(& Subs.)- -Earnings— '
Common
"Loss.—V.
$0.31
-
».
,
Gross
output of
.
Net
90,562
t87,416
283,081
•
charges
possible
this corporation for the week ended June 11,'
1948, was 145,893,704 kwh., an increase of 14,392.573 kwh., or 109%,,
over the corresponding week of
1947,—V. 167, p. 2578.
1
' j
electric
5he
outstdg.
share—-
per
3 Montmi Ended March 31—;
•
$1,431,317 * $1,041,932 / $1,605,359
$1,694,116
sales
"Net profit '
Capital shares
$2.00
'
1947■ 1945
1948
outstdg.'«
shares
Earnings
*$118,598f
Nil
..
.;
"Loss.—V.
$4.17
\
' '/
166.966,
900,884
Nil
900,834
'share
per
$3,760,018
900,884
-*$54,900
-. ,■/'
$1,938,992
''
:•
900,884
'
/
$2.15
167, p. 2579.
On
the
shares
210,CdO
shares
outstanding)
having
value
par
a
164, p. 3143,
shares
from
of
$25
on
a
without
share for
Gleaner Harvester
sales
Cost of sales—_—
Selling,
general
1948
2,336,683 *
—
eral
U.
trai,
S.
Savings
$11,822;
$l0,C72,087;
Net
profit from operations—..,
other
35,446
26,018
$725,705
tuxes_.
548,798
281,390
surplus.--.
$866,553
$444,315
a.—-Jf.
360,000
270,000
$2.88
783,069;
$699,687
$1,415,351
Interest and
$1,379,905
$1.48
income
-
ahd
hand
on
U.
he'd
(less
b'.llings
Provision for
Federal
State
and
income
income
transferred
to earned
dividends
paid.^.—>
share
Earnings per
—V.
r-
———
480;
The
£EC
June
shares of
company
for
be used
on
42,410
to redeem
filed
11
letter
a
stock
common
;
with
notification
of
will
165, p. 2136, •'/
:;/■/
Goebel Brewing Co.—Earnings—
Quarters Ended March 31—
Met
sales
Profit
Provision
Net
$2,104,004
441,662
507,888
taxes
taxes....'
fo.*
'
shares
Earnings per
tNot
t
1
1,394 000
$0.20
$0.23
$0 13
share—.—
common
available.—V.
1,396,000
167,
$8,164,198), $9,276,858;
miscellaneous
plant and equipment (less depreciat op of
Atomic
energy's
will be
usefulness
studied in
one
and
of
six
buildings
scientific
and
260-acre
rubber
in
laboratories of
site
equipment.
'
man-made
culture
The
of
and
all
are
V
related
and
the
ma-
company's
equipped
with
-v
•
<•
.
.
as
home
series
.
.
.
supplants research facilities
plant in Akron.—V. 167, p. 2256.
Gotham Hosiery Co., Inc. (& Subs.)
Quarter Ended March 31—
.
-
.
.
before
and
taxee__
Canadian
were
in
and
Bids
the
Earnings
<
—V,
outslanding___:
/
St.,
Greyhound Corp. (& Subs.)—Earnings—
/ :
1947
——109,053,980 102.371 034
$38,322,297 $35 265'475
revenues
_______
expense
Depreciation
*
/
1948
—
be
of
as
Co.
trust
and
O.her
1
operating
York
before
p'.
revenue
Frank
deductions
308,398
and
state
income taxes,
Mmority interest
Net
income
Common
shares
;
"After
giving
1,624,394
291,541
$3,491,614
231,101
1,726,037
$853,173
share_;
effect
to
3-for-l
p. 1694.
—
stock
Split
$1,198,152
3,110.030
...
June
$0.08
5,
*$0.12
1947.—V.
167,
the
by
vf
board
divi¬
its
at
Corp.
Subs.)
(&
1S48
/y/ ■*,
Earnings—
-J 1947
.
$329,375
-/
+$269,002
*785,000
785.000
$0.28
.
1946 7
$836,065
785,000";
outstanding
$0,93
NU
.
Houston
Oil
Co. of Texas—Earnings—
secured 4nitiaHy.v;:
locludlhg
to
the
must
a.
Wolfe
are4i trustees,
c.
'
fjahd;. Royal- 'D.»7,
%
'(Including Houston -Pipeline Co. Earnings)'""..,
.
Period End. Mar. 31—
,:
received
';
■
Income
>
:1948—12 MoS,—1947
1948—3 Mos.—1947
$4,897,175
$3,410,249 $14,987,622 $11,444,770
/
7
; 2,028.509
1,520,642
oper^^:'$2,868,666 ■'.$1,889,607
from
'Other income r; V
inqome_/^A-v
% Total.
68,007
;
$2,936,673
6,782,062
5,799,329
$8,205,560
$5,645,441
.
12,487
;....
$1,902,094
/
67,687
Int.
*
on bonds, notes, etq.67,687
Amort.- of .debt'discount '•/-'/
•">*;'?
506,836
.
;
$5,942,0.9.9
*
294,028
270,750
7
':'S*
:'''1 •"/"
t'428,799
407.200
3.P34
1,642,503
163.425
691,523
Deprec;
Prop, retired and
.379,300 '
,
v
296,658
;
$8,712,396
aband...;:/1'218,762
inc.-. taxes (est.) 4 / 524,850
andv depletion--,
before rnoon--.JEDT
ot
V;
%
■'
XX:.<
at
';v"■
"
*'
<^5-^''::/'and^bxpens^-;/^/w_.i%^;/.//:.y97lV^XL'-'971"
company)
be
>
*
:
-
supplemental'>
~y
\
,
income
Earnings, per
taxes
outstanding'
y.
"
11,345,250 ;/ 9.07b.202 .' >
share
common
profft*:_i,i±2ui4j.41 $1,695,^603'/'^$883,5ll
•Net-
Common shares
;/'/.>'
$2.17
V"
167,
.ct-
"jf
3,919
C615.239
..
675,228 /
,
1,245,550
>
31—
;
.',
Prov.
1947-%
1946
*
.
$1,381,970
2,061,969
1,195,222
U.
743,555 ;
$790,921
•
,$631,300
446,209
$403,126
,7 $186,748
228,174
$344,712
exp,____
1,612 /
income
&
taxes______
Feci.' inc.
7
>
'
-
income
12,320
•'
18,191
$14,963
-
.
137.000 ;■ 7,' 168,000 v:
income
per
:
;*Loss—V. 167,
$209,324
share____„
common
7
;
$0.45
,
3 Mos. End. March
3l—
V;
6,000
-
'
1248
•
1947
"
for
,
7. : 1946
$3,811,377 Z $3,28'9,468
profit,
Nil
before prov. For Federal
v
'
•
7
,'7 ■
,
605,768*
-
*
•:
-
estirn.
Fed.
inc.
taxes
$1,872,830
•/•■•
583.30?
195,000
219,000
91,000
$410,768
Capital'Shares
.
$364,302
outstanding-...:
205,997
Earnings per share
—V. 167, p. 2133.
1,000,000 ".
$0,41-7
•_
"
:
loss
Capital
Ended
after
shares
Earnings
per
"Profit.—V.
March
charges
31—
and
"
7
*
$158
'
outstanding........
'
1
1947
*$373,569
'
278,714 "
278,714
Nil
p.
2558.
,
/
,
$427,441
v;
7.;.
.
-/'
••:•;. ;;V.
stockholders
purchase
record
of
warrants)
shares
of
% 7
7'.77';
434.469
$403,150
,
.
,
/
June
will
13
subscribe
to
on
be
before
or
International
Petroleum Co.,
(U. S. dollars) per share.
near
•
*
$1 34
:
future-.—V.
167, p.
"
2030.
' '/
,
4
(& Subs.)—Earnings—
Quarter Ended March 3l—
.
$108,092
share
166,
V- 433,958
.'
.
$0.80 *
.
1948
<
,
taxes__
181,494
224.663
203.985
—___'
depletion charges—.-r
7"'..;,
147,996
"
183,198
—
Industrial Brownhoist Corp.
,
profit
.
—_——
Income
1946
$417,772
Nil
1948
.7
taxes
1947
$502,174
—37,515
$261,338
"
36,933
—:7__^—"
180,000
76,000
$284,659
7__
.$148,405
460,000
460,000
$0.62
$0.32
>
■
•
Net
profit'
Common
278,714
.
7
—
Depreciation
Hewitt-Robins, Inc. (& Subs.)—Earnings—
Quarter
197,000
124.815
'
167, p. 847...
Operating
Net
$1,588,777
207,500
$164,285
230.998
1947'
-
in the
carried to surplus—.
,
'
9,494,450
old-age
taxes
8,728,190
•
shares
Earnings per
—V.
>
.
given right (evidenced
Sept.: 30, 1S48 for
Ltd. common stock
(no par value)
at S9.20
Tin; Montreal Trust
Co., in Halifax, Montreal, Toronto. Winnipeg, Calgary and Vancouver*
Canada, will act as agent.
Purchase warrants will be available on
or about
July 3.
"
- • •
■ ' ■
Registered shareholdets will be fully advised by mail and holders
of Imperial bearer share warrants should keep attached to
the war¬
rants
coupohs No. 70 "as the
warrants with the coupons attached
will be required to be submitted in order to obtain warrants for the
purchase of International stock.
Complete details will be announced
by
$8,963
,
,•
;/*;'/:v1948
! Imperial Oil Ltd.—Rights to Stockholders—
(& Subs.)—Earnings—
sales
■4::
!r
-
=
$1,580,897
and
Net' income-■7".
—V.
1809.
p.
Harbor Plywood Corp.
Prov.
$247,446
•'■' ; r.-;
:taxes^_777_7+.._;2v-r.rr%-i-%v-:--
charges'
Depreciation and
*$3,228
1,098,618
$2.37
4-
revenuo.5-
S.
iThe
Net
Earnings
/•
;
$2,610,131
$12,050,305 $11,083,227
Fixed
,189,976
.
$415,446
,
$346,324
taxesl."
V',
$4,858,186
-1,098,618
,:•>
$4.42
%"•: 10,469,408
Unemployment
Other
income
State
•'
$0.80
revenues'
■Net
$2,693,269
stated
income
for
p. -2257.
/
Expenses*
1948
y
'
;
before
Z%S- $1.54
Hudson Coal' Co. (& Subs.)-^ Earnings—
•
Co.—Earnings-
sales
Profit
:outStdgi.;4; 1,098,6181,098,618
sharei___
Quarter Ended March 31—
336,323
9,330,090
outstanding_____.
Earned per common
the ac-
734,739
$3,077,506
for Federal
to^+be
are
—Not,.";/
of
Other
Net
$2,756,875
share
per
bad
,t After rdepreciation,
dividend requirements;
inVemory shrinkage; 'Federal" taxes /and/charges, applicable to -.
mniority .interest.;;:+Net ldss—Vri67, p; 1922.
"*',
.
• •
V
Subs.)—Earnings
Gross earnings
1,842,468
782,069
income
Provision
be named "by
■
Selling, advert, and admin.
Net
$2,295,438
cents
semi-annual
dcibts;
167, p. 2361.
Net profit
Income
lr/< rto
.
and
Hamilton Watch
30,666,132
.___
60
regular
„
refunding mortgage 4% bonds,:/
refunding mortgage ,bqnds to.
2578.
Federal
per
2,469,058
—
income
Total
^
1948, under. which-Oentral Hanover-,
income' taxes
Net
of
bonds
July 1,
and
addressed
New
shares
33,557,801
_____
given
the
."After, .preferred
*
supplements' thereto,
Quarters Ended March
the New York Stock Exchange June 14
by Eastman/
Dillon & Co. The stock was priced at $39
per share, less
a commission of 75 cents.—V.
167, p. 2578.
cf
"Earnings per common share_LU_7_
,
.
Quarter Ended March 31—
be
hereafter
shares
Common
(approx.l—. $50,615,000 $25,076,000
profit after Federal income taxes (appro*.L;.
38,515,000/19,6763500
Sales
$114
on
Operating
Operating
>/»
first
its
Gulf Oil Corp. (&
-
400 390
$123
paid
company
Vv-,V'...;
consideration
profit
Gross
Green Co.—Special Offering—A special offer¬
ing of 18,500 shares of capital stock (par $1) was made
operated——
tNet
$456,032
400 390
-
*
'
Gross
miie3
-of
or
Co-trustee.
Earnings
(H. L.)
Bus
Trust
is
Common
1
Nil
regular semi-annual dividend- of 65
stock, payable Aug. 2 to holders
the
'v:
that
Quarters Ended March 31—
costs
amounting to y
($1 par value)) $500,000;,,caoitalv
$24,031,604; total, $36,928,091.—
Quarter Ended March 31—
1947
306,056
;
166, p. 467.
collateral
bonds
24.—v.-167,
Profit
'
$3,065,105
762,138
'common
Houdaille-Hershey
in
process
the
on
months,
will
declared Na
have
1./ Previously,
expected
Federal,
heart
$3,699,130
794,051
income taxes_
share___;
per
in
Nil
monthly meetings
in June and December rather than in July and January as .in the
past.
The dividends w:ll continue to be payable on or about Aug. 1
and Feb..l—V. 167, p. 25797
Cro'tf %
1;' *
-Earnings—
$491,739
shares
E
must
Broad
June
Net
:
profit
Capital
The
multiple of
a
July 1, 1940 and
iridenture to be dated
Cost
Net
contracts
on
accumulated
and refunding,' mortgage 'dated- as
;
.
that
dends
:
em-
six
is
It
%
and
Kercheval
\
,
302,312
_________
Profit
be
latest
the
1948
sales
IT, S.
$1,331,224;
wages,
*•.
•
share
per
record, July
each
;
,
accrued
billings
(after
F, due 1964,-all of such first
issued under the company's first
—V.
Net
must
bidder.
Bank
,
new
chemicals,--plastics, agri¬
-center
new
the
rubber, and in such fields
horticulture.
and
directors
cents
of
.
series
effects
The
;
(including
sharei—
154.
Home Insurance Co. of New York—Increases Dividend
/
*
requests bids for the purchase from it of-$7,000,000 ' V
bonds, due 1968, to be dated July, lr,1948,/to bear^in^
(payable semi-annually on Jan. 1 and July "of each year) at a'/,
of
In addition to studying the
application of atomic energy to rubber
manufacturing, the company will conduct intensive research into crude
and
',
assets
be
the
p.
trust
(which
said
midway between Akron and Cleveland, Ohio. The
the
on
tools
$345,298;
costs
per
167,
v
multi-million dollar research center at Brecksvllle,
Ohio, It was revealed
on June
15 with the formal opening of the center. Brecksville is\a
suburban community
payable
other
■
248,483
by the pledge of $6,552,000 first and refunding mtge .4.%/bpiids,' series); i^! Gross earns, from oper.,
Oner,
and
gen.
exps.,
E, due 1973, and $2,548,000 in cash, such cash being subject to with¬
drawal Upon the deposit of an
including
taxcs_7;/_
equal principal amount: of the/compan/sV
1922.
p.
and
charges
1947
$272,155
outstandingi/_y_4/.u7ii__j.7rj;_i%r"' ;4 248,483
company
cepted
110,350
(B. F.) Goodrich Co.—Opens New Laboratory—
terials
rate
■" $178,983
1,398,000
outstanding
193,150
$314,738
materials
raw
Gulf Mobile & Ohio RR.—Bids for Bonds—
The
terest
$289,333
168,000
liabil'ties,
accumulated
collateral
$273,662
profit
Common
1946
$2,712,745
....
before
5
1947
1948
process,
$^776,700), $444,193; capital stock
siyplus, $942-,340; earned surplus,
V, JJ80..P. 2543., ■'
i
A '•
)■'':
the
$3.50).'' Proceeds
(par
part of preferred stock.—V.
other
excess, of
V'?
v
in
$1,501,913),
ployees' Federal income taxes withheld (per contra), $319,524; employ¬
ees' deposits for purchase of U. S.
Sailings bonds (per contra), $11,822;S
liability to U. S. Government for refunds $7,214,752; Federal taxes on.,
.income, $1,350,000; other taxes, $211,854; deposits on contracts, $225,-
167, p. 650.
Globe-Wernicke Co.—Files with SEC—
work
$10,000,0001,
$1,-
value,
(par
Government,
total, $36,928,091.
'LIABILITIES—Accounts
Net
Cash
goods,
deferred
patents at $li, $137,671;
cost
S.
of
deposits, $71,145; propejty,
$4,953,647;
Earnings-
*
(U.
employees'
-
$168,034
—V.
;
$10,302,269;
March
-
Wholly-Owned Subsidiaries)
31-^''
yV X/r-','": 1948
loss/
Capital shares
Fed-
receivable
inventories—finished
$1,487,520),
banks,
,;./ .(Including
,
Quarter' Ended
'
1947.
.
Net
contra), $319,524; cash and unregis¬
for employees' subscriptions (per con-
Treasury bonds—at
accounts
supplies
in
(per
bonds
S.
SHEET, DEC. 31,
and
taxes; withheld
income
tered
1,542,225
152,390
178,339
expenses.—
ASSETS—Cash
1947 a.
$2,394,302
/>■
;.
$3,894,926
administrative
and
BALANCE
.
J.
conriaets;i-' tl^v^v
fees under cost-plus-a-fixed-fee
ana
eluding $35,843,703 representing termination claims filed or to be filed.
Corp.—Earnings—
______________
(A.) Hollander & Son, Inc.—Earnings—
Earned
'"Including costs
•/'
Six Months Ended March 31—
Net
'
surplus, .Dec. 31_—_
24,031,604
18,907,450 ,% 19,585.793
Earnings per share—.——2—/$4.58:$0:66 '$11.24
value
imo
basis,—V.
par
snare
Vf.
■
V
outstanding_____'_i_^_.
common
166, p. 2210.
share
,
,
k
-
Volume 167
THE
Number 4709
Inspiration Consolidated Copper Co.—Earnings—
••'■•*
1948
'
194? '
; 1940
Quarter fended March 31—
Operating Income
.
$1,449,119
Depreciation
profit
,J
$1,127,856
1,181,967
$0.70
$0.95
$0.25
directors
cen(s
share
per
holders
of
declared
the
on
record
Jan., 31,, last.'.
and
have
,;
i
Insurance
June
30.
Payments in.l947/:were
July 31,
3
cents,—V,
16.7,
Quarter Ended
Net
before
March
,/Fecteral
Federal
31—
income,
4
,
,
Commoh
,
—V.
outstanding:
.
-
,-»• lst**
i
"
»i-,
330,686
: $2.00
320,429
Standard
See
Co.
(New
below.—v.
163,
in
:
International Silver Co.—Earnings—
y
Quarter
;
J
,
(Exclusive of Wholly-Owned Canadian Subsidiary)
<
Ended
March
31—-
Y
.
jYetr profit after charges and Federal
income
taxes.,A;———ui-_
Common
unlimited
is
accordance; Witli
per
'
.
$4.18
$1,132,418
,20,651
$533,007
173,104
15,000
$922,167
$344,903
922,167
344,903
Total
12,000,000
new.bonds
100,000 shs.
80,000shs.
697,000 shs.
issuable
are
the
new
Jjonds
of
.
vr
-
Laurehce Mi Marks & Co: 1,000,000,
as
are
,
k
Syndicate
of
VY,.'''■;* Y
.■
The. registration statement
Yy-'■,
v
%/•
D. F;: Rothschild St .Co.1,000,000
filed'with the' SEC M*rch-29.
covering installment Investment cert'ficates series 6A, 10A,. 15A,
20A, in the aggregate amount of $294,000,000 was. withdrawn June J6.
—V. 167., p. 1588.
YY;Y, v.Y -.Y . ■ v
(No. 7484)
and.
STATEMENT. OF INCOME FOE 9
'Net
Sales
MONTHS
ENDED
MARCH
HornbloWer &
.31, 1948
The
YY$11,780,658
'Cost: of goods
i'. Soiling, administrative
.Provision
and .general expenses-!—._wdepreciation_^-^.-^-i-.-i_-;._-_--. '
for
—-
—
—
'
!
1
E. M.
57,550
1,500
1,500
1,500! ! ;
three'additional.seismograph (mits.
It also,makes, from Mnie to
either itself or through contracts with others,
magnetometer
gravitimeter surveys and does aerial reconnaissance work.:, r It
has
carried * these
operations on throughout the Rocky Mountain
region, the Mid-Continent area, Texas, Georgia, New Mexico and the
•
f
Gulf coast.
•
1,000
& Coi,
oil
-
:
'..
names
"of * th^
incomc:'iL,;!-!c£^^
Common
shares
NUMBER
OF
SHARES
TO
Earnings per
—V.
common
\
.share~Jd—i—J-—ii-J—
Inc.
1,000
600
■
>
Straus
;
Blosser——!
St
Co.———
Atwill. and
Bache
;
&
&
Bear, Stearns
Jefferson Lake Sulphur Co,, Inc. (& Subs.)—Earnings
.
t
"
Quarter Ended March 31—
Profit
1948
-
•
'
before charges
;. $126,693
^Charges .k——v^^71,745':
——
Other
$957,890
income-^-.
oper;
income
$865,740
13,889
(net)—
1947
'
$3,645,101
43,9861
472
i
$3,212,775
•
Gross
!
57,419
income
$865,268
$3,689,688
1,300,284
1,204,819
210,226
$54,948
$3,583
Common, shares outstanding-^—"*354,500''v354,500
..Earnings per common shared—•
: 'V $0.04.
'■
'; Nil
'Including
carbon
-
,
Net
—V. -160;.' &. 2560.
>
adjustment to market value,
accelerated depreciation,: research, and in 1743 provision for Federal
and State income taxes amounting to $9,050.—V. 167, p. 2468.
^
■
': Kerr-McGee
«
Inci—Dividend
Jim Brown Stores,
On
•
record
was
in Stock—
June 8, the directors declared a dividend of &'/'
stock, .payable in preference stork on June: 3,0
June
made
21.
An
initial
this:issue
pn
on
cash
Dec.
distribution
15,' last
51
of
on
to
cents
v" :
year,
prefer¬
holders of
;
per share,
*
;,
•-
Scrip will be issued in lieu of fractional shares of preference stock.—
V. 166, p. 2104.
■
*
>
■
,v
Joy Manufacturing Co.-
6
Months
Ended
Net sales
Profit
before
Federal
March
and
1948
.
1947
taxes.—
•.
1,963,000
4,602,813
1,871,000
.1—:
Net
profitCapital; shares
Earnings .per;,
income
1946.
$28,756,014 $24,430,703
"Income-taxes—5,002,517
State
.
Total
assets
shave—.—'.Vi. $3.56 •- "■
OF
SELECTED
•
,/
PURPOSE—The !riet proceeds to be received by. the company from
sale' Of the 200,900 shares of common Stock are estimated to. he
$2;969,675. K Company intends to use a" portion of these net proceeds
?
600,150'
,
-'ITEMS, MARCH 31
X' r'r.
-
'
:
;
:
•
-1947.;,
1
2,453,944
———
18,177,541
976,776
16,883,309
30,784,055
y
^
"
26,700,527
notes
payable (current)
■'Current ' liabilities.": Y—yil——
Bank notes payable -(not current)!-!——.
-.Capital. surplus,,
3,300,000
■.
.**
11,758,437
No:
part of the proceeds of the sale of the 100,000 shares of common
stock - to be sold to the several underwriters by the selling stockholders
.
will
''
be
received
by the company,
r;'J■
secured-:*noteS—'—_—_—
;
3%%
..
Secured "short-term
:
■
'
fered—Glore, Forgan •&:Co. and W. • C. Langley &iCo.
headed an investment banking group which offered to
the public Jun 17 80,000 shares of 4% cumulative pre¬
ferred sfock ($100 par). The stock was priced at $101.25
per share and accrued dividends, to yield approximately
,
notes
,'v'
——_
;—:—.
FRfiSENT FINANCING!
TO
Authorized
$6,136,252
_
!
$1.20 cum. con v.. pfd. stk. ($22.50 par)
60,000
Common'.stock. ($r par 'value-11,440,000
outstanding" amount
additional
of
these
notes
i
/
•
,
thereon,"
company's
net
Such
Southwest
'
Hentz
The
Issue
June ,14 on. a bid of. 101.5213.
Other..bibs
received at the sale, all for a 2%%*'
coupon, were: Glore,,Forgan &
Co.
and W. C.- Langley, & Co;
(jointly), 101.027; Shields & Co.,
White.
Halsey,
The
was
Weld
Stuart
First
&
&
Boston:
$?5,Q00),
awarded
Lester
Co.
Co.
and
Inc.,
Corp.,
Central
Repub'ic; Co.« tjointly)-,
100.94991;
100.319.
Kuhn,
Loeb
&
Co.,
\
or cause to
Miller
,
"
be adyanced to
the
company
was
repayable
to .-the
Supply . Co.. as
1968,
there be
only out of certain profits of
any
Republic
2,000
1,000
1,333
4,334
4.334
1,000
—
—__—
_J
4
-
——
!_—
—
Co
500
500
667
2,16$
2,166
1,333
'■1,333
4,334
577
■
667
2,166
667
1,333
2,000
1_—-:—■*—
1,000
1,333
J——
:
4_—
—
r
Dallas
Russ
Rupe
&
&
Son
!
-
r
2,000
,———:
C6.„
66'
-
Richter Co.Y_'
Schoellkopf, Hutton & pomeroy, Inc—
2,16(
1,00<
1,00(
50(
*
5(H
2,16t
1,0(K
—1,000
-———-—
Scherck,
667
1,000
2,16<
,
——
500
-
.
2,000
Paine; Webber, Jackson St. Curtis—
4,334
Rausther, Pierce' St Co; . Inc.'
'—
—
2,000
Reinboldt & Gardner^—
—
—
< 2,000
Irving J, Rice & Co, Inc._—jt.—___—_
1,000
! Roe
St "Co.—
1_—
:
—1,000
E
H. Rollins St SonsY
4,334
'
•J,166
1,000
,
.
4,334
:u—44_—1,333
—_—!
667
,
4,334
Co.—
Co. of California
Pacific. Northwest Co.—
1
!——
r
-
,
50(
1,000
5(H
:
1,333
66'
1,333
661
Seligman, Lubetkin & Co,, Inc—-—
——
2,000
Sills,' Minton & Co,; inc.,——
—
2,000
William R. Staats Co.,
—2,000
i.ooc
1,00(
2,000
1.00(
1,333
—1,000
'661
Schwabacher-&; Co.__44——j
Stein
Bros.
Sutro
Ss
Kline
There
Boyce—
Huggins
V, 167, p.
*
■5%
&
—;—i—
—
2468.
St
Shober.
have been, called
will
be
1.00C
.
Brothers Co.—Partial
sinking fund
ment
;
-Co——:—,
Woolfolk,
Redemption-
for redemption on July
13, next, $51,000 bf
notes due March 1, 1954, at 100 and interest. Payat the City National Bank St Trust Co.; trustee,
made
'
208
This sum
that if at April 16,
unpaid balance, it becomes a general obligation
provided in the contract except
2,166
1
obligated to advance
Republic Supply Co. $1,375,000,
company
4,334
1,000
*
■
is
1,000
——
:
Pacific
1,000
1,000
St Co.————
St
2,166
667
2,166
2,000
1,333
Co.__ui—-—
St, Co
Wells
Mullaney,
The Ohio
667
667
1,000
2,000
Beissrier «fc Co.——_—_!
Moloney,.
500
1,000
2,166
2,000
4r
Co._
&
Mason, Moran
Revel
repayments
which
&
J
Corp.j
500
——
Co.——
&
Marx
'
100.975;
100.5099;
to
Friedrichs
Link, Gorman & Co.__
-J—
Carl M, LOeb, Rhoades St Co,
'
; •
pursuant
1
—
Co.—J
Lee*Higginson
,
2,167
2,166
,
—i-—____4
,_!
Weeks——_—X——___—4—■.
&
6&7
1,000
4,334
1,333
4,334
■
—
Co.;- Inc.4-——j
McCormick & Co._
*
'
—
St
Kebbon,
;
*
%
Chicago:
Co.—
St. Co.——
&
500
2,167
2,000
Co.-———
H. Jones
T,
proceeds
NOTE—Company. under date of April 16, 1948, entered into a con¬
tract .with Republic Supply Co. (the capital stock of which is owned
by the six officers of the company, their investment therein being
of
2,161
■
4,334
1,333
-1,333
2.000
Corp
Co,
Labouisse,
V'Kaiman'
'
,
_!
i
Johnston, Lemon. & Co.—
t
'
<
and interest.
&
Richards
Hornblower
amounts
ferred (Stock,
Michigan
Howard,
;
.
;
—
Holley, Dayton St Oernon
C. Edgar Hohnold—
'
$12,000,000 Bonds Offered—Lehman Brothers; Bear,
Stearns & Co, and associates are offering $12,000,000
first mortgage bonds, .2%% series, due 1978, at 101.51548
Inc.:
Hallgarten St Co.——i——
Harper & Son St Co._——!
Hayden,. Stone St, Co.
.—4
Hill
reason'of
are the equivalent of 50%'
of the
from oil and gas sales, present minimum
being required as follows: for the last seven months of 1948,
$660,403; for the calendar year 1949; $1,132,119; for the calendar year
3.95%.
■.
1950, $1,132,119;-for the .calendar year
1951, $1,110,534; for the
The issue was awarded Jur.e 14 on a bid of 100.271.
Other bibs.
first eight'months of 1952,. $624,192; final payment due Sept, 25, 1952,
received "at the sale were: Shields & Co., White, Weld & Co,-and
"$258,549. -. tOf these notes, $67,500 thereof bear interest at the rate
Centra! Republic Co. * (jointly), 100.6599 for a 4.05%
dividend;••-Harof 3%", $19,500 at 4%
and the remainder at 3%%>. per year; $1,361,000
riman Ripley & Co., Inc., 100.35 for a 4.10%' dividend;
Smith, Barney
thereof mature at various dates to Aug. 17, 1948, and the remainder' on
& Co., 100.27 for. a 4.10%'
dividend; The First Boston Corp., 100.099
or
before Sept. 24,
1948.
These notes will not be paid forthwith
for a 4.10%
dividend;
" ■
!
*
"
upon completion of the financing, but will be paid as they mature.
YOf "these shares, 119,008 are reserved for conversion on the pre*
ments
Securities
First
H.
59,504 shs.
1,030,796 shs.
fluctuates by
—
Noonan
:"Wm.- P.
borrowings from time to time and required monthly repay-
"
of
First
'
The;
/
—-
—
First
t
shs.
shs.,'
—
Co.—
&
Bretscher
First California Co.-----
*
Outstanding
Not fixed
,
-
Fewel St Co.—
;
EFFECT
_:
;
-
•
CAPIFALKA^ON, ' GlVlNG
Co
/
,
5,949,i>44
'
2,490,000
Kansas City Power & Light Co.—Preferred Stock Of¬
1,333
4,333
2,000;
4,333
1,000 t
.4,334
1,000
—
i
Edwards & Sons——
Farwell, Chapman & Co.—___4_
.•^and^actiyities,'v.,;
10,767,005
10,244,955
Earned- surplus !.
—V." 167, p. 2468.
8,551,080
16,797*575
they mature,, of* the .seeured' short-term notes
,
drilling activities of the company and are owed for the most part to
FirSt National Bank,: Chicago, with a small balance to Liberty National
Bank of Oklahoma City., The remainder of the net proceeds will be
added to' the * general funds of the company and is presently contemplated to be .used fori the acquisition of leases, ;for* defraying the
company's portion of the cost of drilling, and equipping wells in which
it ; owns/Interests,; fqr replacing
and modernizing presently owned
drilling '?eqdipment and for financing the company's refinery facilities
.
1948
—-^—1———
;_i-———;
-
Current 'assets
Bank
SHEET '
as, bf May
20, 1948, aggregated $1,448,000,
These loans have
i'^ been'incurred) from .time to time primarily to finance the contract
"$713,154
;
673,486
; $4.08*$1.03
BALANCE
lor the ^retirement,* a«
which;,
-
——r—$37,156,645 $32,261,656
Cash'
Inventories
offered
sot
!
Weedon & Co.-
Dittmar
the
'
STATEMENT
that
86(
661
A.. G.
Oil Industries, Inc.—Common Stock Of-
underwriters
<
l.OOC
—
Dewar, Robertson & Pancoast__^—_4*
;;.
:
$3,065,809
1,313,304
$3,039,517' $2,731,813
outstanding--—! 854,856
669,856
COMPARATIVE
i'-Y ''i-"' " '
f
>
1,000
2,000
4,333
1,000
Dempsey-Tegeler &
.
-31—/)-
1
_L
Securities
Crowell,
$2,002,2^8
Registrar,"First National Bank of Chicago.
;
It Is, expected that Bankets Trust Co. and Chase National Bank,
New, York,; will act as co-transfer agent and co-registrar, respectively, of the common stock in the city of N6w York.
■
;
$2,388,804
company and 100,000 for certain, selling stockholders.; \
Y^'Transfer'l'age^
National Bank St Trust .Co, of Chicago.
'
«'
i
$537,369
publicly June 16
300,000 shares common stock (par $1) at $16.75 per share.
Of the shares offered, 200,000 are for the account of the
of
group;
J
the
'
1,00(
2,000
2,000
_
-
Co.—.
'
]' ferfed—Lehman Brothers and Straus & Blosser headed a
.
ence
'
•
$761,553
■
Corp
Central Republic Co. (Inc.)—
Cohu St Co:_w__^__^-—;_—-
mxon
inventory
black
Y—„—
Income
2,161
1,00C
,
1,333
Buckley
$3,207,047
327,899
___$971,779
'J Int. and Other deducts-
661
-
—
Brailsford* &• Co.____t_"_
*
Adjusted net earnings_!-J-_!__-!-!^--:--V--
— T,
*
5,728
f
&
50C
1.0QC
;—
& Co.———
Bradford
13,334
560
—,,
2,000
—1,333
4,333
^2___Y_
2,000
Co.—
—
$61,001
'
.
Net
J. C.
13,334
1,000
J. Barth & Co._w_——
.
holders
—
Co.——
Whipple
Bacon,
v
'
FROM
26,666
———26,666
——1,000
;
William Blair & CO.—
1948—3 Mos.—1947 ■» 1948—12 Mos.-*-1947
Operating revenues i-i$4,829,265
$4,210,034-$18,127,294 $15,246,185 ; Boettcher and Co
Oper. exps. and taxes-i :
3,871,375
3,344,294
14,482,192
12,083,410 !."• Bosworth," Sullivan & Co.-*
'
the
Stock¬
Lehman Brothers—;
,
,v,
'..'I: ■:
and
follows:
Company
,
'i'; Period'Epd:.Mar,; 31—:'
$3.06
2579,
167,.p.
$ ;KiKeiit^kgtjUiities.■ Co;-T-Earnings—,
.
as
PURCHASED
BE
;
,
$1,220,476
397,843
'.o'utstandihg.ii!ic!-!w!i;!*_T^,
underwriters
are
1,000
'
V Net
.
several
from the; company and the selling stockholders
,
k
,.
.
.SfNDBaRWRITEItSYThA
number of shares of stock which each severally has agreed to purchase
I
1,000
1,000
-
Roger S, Palmer Co—'-;
.
■*>'
The'company, prior to about 1946, concentrated on the discovery of
and gas-reserves rather than upon the rapid development thereof,
but. commencing, about that time the company began to accelerate
development "of Its proven and; semi-proven reserves and from. July
1, *1946,-to March 31,1948, a total of 107; producing Wells has been
completed In which the company owns all or a portion of the Working
interest.
21 additional wells were drilling on March 31, 1948v ;
■
—v.-167, V." 2488; y;•.
(
754,103
1,000
1,000
1,000
Co.—i._—:»»—
S.- Yantis
F.
was
and
•
——
&
1,208,016
time
1,000
BurnSr, & Corbett, Inc.
Mason, Moran & Co.—
Minsch, Monell & Co—
Mullaney, Wells St Co.j.
Nashville Securities CO—
I. M. Simon* & ■'Co'.——i
Thomas
*93,074
-to
1,000
& Waeck-
.
*$93,074 ' $1,200,016
predecessor companies.
geological
Martinr
:
2,000
Newton & COii^-
&
Eisen
132,410
406,500
200
has carried on lor the past several years an extensive
and' geophysical exploration program for the discovery of
: -oil and
gas ireseryes,
The: Company itself owns two' seismograph unite
which it operates and for the past few years has for a considerable
part of that time operated, through contracts with others, from one
>:
1,000
Dain
^erle, Inc.——
•
4,500;.-:
17,250
income taxes:-:_KJ-
Co——
M.
Lucas,
*
$1,991,832
Interest
1,000
J.
2,000
StifeV .Nicolaus ,& ;Co„
;
'S Total: income:
Provision for' Federal
Brothers L-r——i_
Cooiey «& Co.j.———
Byrd
2,500
2.000
'
,,
foreign'.-sales,:'j—.
on
1,000
,3,000
.
1,500
Co.^i-u—r,
Burke & MacDonald
,
Operating profit
Commissions
>
-
>
Co.——_
Laird, Blsseli.& Meeds'-i"
8,650,516
*1,085,752 T, Schoellkopf,' HUtton
••'•r i
Pomeroy,- Inc.-j—i-i115,108
•'
Green, Ellis & Anderson
Hirsch St Do.^——„—
$1,934,282
:■
$
Weeks—
Milwaukee
'The Illinois Co-i-i-ii-i-'
;;
.
No, of Shs.
Stix .&
Hayden, Stone & Co._^_ ' * 6,800
Hemphill. Noyes & Co.—;
; 6,800:
Hallgarten &yCo._l—4,000
Graham,-Parsons & Co._
3,000
..YY/YyY>y Y^
*
,
No. of Shs.
i
.«.■<]Y':YY''YYYY':.
Jaeger Machine Co.—Earnings—
.
10,000
Glore, Forga n
; Co.;:, -yv. C, Langley,,&: Co;—^. ? 10,000
A. G," feecker & Co. Inc.
i 6,800
$1,746,926
159,429
,
;
j.
$66,555
s
The company
1,000,000
,
America—Registration State¬
■
Withdrawn—4,
1,194,723
refining, of crude oil and sale of products derived therefrom, including
gasoline, kerosene, fuel oils, asphalt and asphalt specialties:
\
.
'*#
r
.
Investors
$642,303
128,029
and/or natural gas areas; the acquisitlon of Interests in pro¬
ducing wells and in non-producing but proven or 'seml-bforven 'crude
oil _and/or natural. ga& areas; contract .oil and gas well drilling for
others; the production and sale of crude oil and natural gas; and the
t
Jackson-
.PURCHASERS ,'OF,. NEW PREFERRED. STOCK—The names of the
'Adjusted for the four-foi-one. split on preferred and .common shares
X several principal' underwriters of the new preferred stock and the
in April, 1946,—V. 167, p.
154.';
YYv:
!!.*
respective "-number of shares of hew preferred stock severally to -be
purchased by each are as follows: ■
;
^
ment
of
,
oiL
r
amounts
follows:
& Curtis
'
,
income
732,134
*$61,474 '
AND BUSINESS—Company was incorporated on Nov. 9,
the name of A & K Petroleum CO.; which
changed in" April, 1937, to Kerlyn -Oil Co. and in' January,
1946, to Kerr-McGee Oil Industries, Inc.
Principal office, Oklahoma
City, Okla. • ■.■
-
principal
names of the several
respective principal
and; the
Haydett/; Stone'& Co.1,000,000
1'
'$1,32
"
Webber,
net
.1945 '
.
$8,980,387
5,844,515
493,669
^
y
paid.
Paine,
inc.
net
.
tPlus
962,951s
189,600
..
.i
The company, directly or through subsidiaries, has and is engaged
principally" in the geological and geophysical exploration for Crude nil
and natural gas/ looking to the acquisition of oil and gas leaseholds
on favorable areas so revealed;
the drilling Of exploratory or /'wild¬
cat" wells thereon in search of crude
oil and/or natural gas;* the
drilling of' wells for* its own account in proven or semi-proven: crude
only
th'te ^ indenture
1946.
severally to be purchased by each
—
inc.-
on
6,884,511
HISTORY
,
-
SUBS.X
.
1932,-in Delaware :undCr
name
710,000 shs.
,
consol.
•toss.'
J
'
except that additional bonds
the' restrictions contained in
—
deductions-:
for taxes
Net'income——
73,600,000
PURCiilASERS, OF,' NEW BONDS—The
income
Other
200,000 shs.
.
Bear;-''Stearns' & Co.—^'4,000,000
91,198
.
$2,96
$176,201
356,806
.
$6,197,498
5,526,838
$8,023,663
,
979,306
Other income:
issu-
Lehman ' Brothers-—--$4,000,000
'.$569,847.
!
,
"
share-—
common
.
.
Of
:
:
.
$917,829
214,589
tco.'s
.
—_
has since been
serial notes
underwriters of
/
-1946
1947
Y'-" '
,
suich
j,
/
$1,611,955! $1,166,842
outstanding_'Y_!Yv:;, - 364,792
364,792,
shares '
Earnings
1348
7,328,770
:
were
■
y
$9,225,905
Operating. income—I-
to
course
..1946;
.
.
revenues-,-
oper.
—
'tThe 2-2y4'/<
serial notes, maturing serially from 1947 to 1956,
issued in December,. 1946, in the aggregate principal amount.-of
$4,600,000 fto' evidence bank loans, and $400,000 principal amount of
t
,:
^
2728.
p.
Total
fThe Jaibbunt • of bonds of all. series which may at any time be out¬
standing
Coy Ltd^—Exchange Offer—
Jersey)
(INCL.
*Years Ended June 3(K^-^
1947
Operating charges—
Depletion and deprec.—
'
„
Oil
EARNINGS
Mar. 3i;48.
$36,000,000
^pfd'.' (inital! series)
cum;:preferred .(second series)—
4%
167, p. 2361.
International Petroleum
V
CONSOLIDATED
OF
9 Mos, End.
Outstanding
,
'
"
.
mortgage and deed of trust, dqted as of Dec. 1,
■
due
3.809? * cura.
$0.52
:
in
Authorized
Common ;:stock\v.mo. par)
320,662
$2,52
,
in
SUMMARY
mortg^;<tamd5 Y Yi
,-:Sua»»e-,in citeriesYYY.
i
$39,936
—
share.
is
loan
'
,
intends
i—_
127,462
$649,123
* The
obligation pt the company to Republic
presently being* met by an unconditional guarantee cf
the amount of $1,375,000, due ' April 19, 1953, and
any, right of subrogation ,which the company may have by virtue of
any payment under said guarantee will be subordinate, to the unpaid
balance of $11,500,Ooo of bank loans of Republic Supply Co.
bank
a
effect to present financing
,-K:
'86,005
'$4S4;022
r
Republic, Supply Co.
.
Supply Co.
Prov.
Y''-Serial/,hbteYYY!Y4_——
Cumipreferred-stocky par $100)
,,$253,403
*
LISTING—Company
428,433 V':;v-2^o%;v"Si!ri^rdt(esI978i^-_
175,000
.
of
,
per
for the
t."CJAfi^Ai^ATroN'' '•jdiiy'lNO
;•
J:-
common
.
198,335
—
..
,1946> =
$11,612,028
$894,455
.- 86,005
159,327
.
02,201.
—
!
'•»
$106.25
at
Jisting; of the mew bonds and new preferred stock on
-the NewYork
Stock
Exchange, and; for registration; thereof under
the Securities Exchange: Act - of 1934.
j
•'>
-
APPLICATION, FOR
.
apply
A
i
600,000
f
'
.
shares
Earnings per
480,000
t
on
33A cents;
1,
1947
,*
$754,558
Surplus fof period
;
Feb.
$21,092,511 $16,418,286,
-j 1,234.558 '
1,494,455
taxes
taxes—-
Net profit
Preferred dividen Is
Common dividends
made
,
1948
.
income
follows:
as
July,31 To
was
,,
Subs.)^Earnirigs^-
___^
Profit
payable
distribution
•
; $rom 'other funds' for such purposes.
of' three
2468.-,
p.
Interchemical Corp. (&
Shares,
Group
similar
A
*
;
distribution
semi-annual
a--
,
follows:
as
.
Institutional Shares, Ltd.—Distributionr—.
The
,
prices
to" apply .the proceeds' to be
received-frbm'^the sale ef 'the* new bonds and new preferred stock
to finance, in
part',/ the .construction and acquisition of additional
property, consisting principally of. electric production, transmission
and distribution facilities, to pay off, and retire $3,860,000. of 1%%
notes issued, to provide
temporary financing for such purposes,, and
to reimburse the company; in part, for expenditures heretofore made
1,181,067
167, p. 154.
and' at
\, v^ItP^E^The.: company'pi-oposes
:■ $292,660
:
at .times
V
:
share
/if.; redeemed son ter, before June
1, 1953; at $104.25 per share if re¬
deemed -thereaftei' and on or before June ,1, 1958; and at $102.25 per
share if redeemed thereafter; in each case plus preferential dividends.
107,500
.
1,181,967
Capital shares, outstanding,^Earnings per -.share——
company
$528,441
128,281;
603,500
$828,976
__
'Before depletion.—V,
$1,893,931
162,575
168,643
451,500
■
Federal and State income taxes—
"Net
•>
'ftf
FINANCIAL CHRONICLE
&
The new preferred stock ts to be
entitled to dividends at the1 rate
of-■ 47^.1 per^ annum and is to be redeemable at
the option-, of the
*
.
COMMERCIAL
So.
LaSalle St.,
Chicago, III.—V, 165, p. 2800.
(Jacques) Kreisler Manufacturing Corp.—Place Loan
/ Privately—The company, it was announced June 16 has
obtained a loan of $750,000 from The Mutual Benefit Life
Insurance Co., Newark, N. J., on a 10-year serial note.
The financing was arranged by Paul A, Fund, Vice-Pres
8
charge of financing of the Joseph J. Garibaldi
Oxxanization of Hoboken, N. J.
Proceeds will be used for general corporate purposes.
stated
Mr.
"Since
for
in
of
bank
are
FINANCIAL
it appears that this
further
the
of
our
improved.
We
a
sufficient
manufactures watch attachments and
Principal plants and offices are in
Bergen, N. J.
jewelry.
who
first
&
time,
some
Gross,
the
reductions
Tfte corporation
North
available
be
ident in
me®'s
COMMERCIAL
THE
<2688)
trend
and
cash
our
confident enough
additional
1947
Calendar Years—
Sates
"Before
provision
the
for
8%
dividend
at
Mexican
the
position has somewhat
reasonable earnings and
the
1,500,000.'
of
of
submitted
de
F.
nominee
as
who
Russell
authorized
The
shares
directors
have
of
no
capital
stock
plan
present
directors
June
on
declared
11
dividend
extra
an
2V* cents
of
of
and
these
additional
from
1,075,960
intention
or
(3)
Operating revenues
Oper.
and
exps.
proceeds
Net
income
oper.
Other
$127,874.
8.867
income
Net
$786,024
33,798
41,471
*
$136,741
$218,419
$797,975
67,678
67,588
279,588
$69,063
$150,831
$518,387
plan,
On
May
Defense
stock,
have
payable
holders
to
subject to approval
The
usual
record
21.—V.
June
record
common
162,
dividend
the
on
President
21
2, 1948.
This payment
to list the additional stock.
stock,
25
cents
payable
share
per
July
2
-to
has
is
the
of
signed
Navy
While
all
regarding
but
reasons,
aircrait
already
military - orders is
be
it can
funds
been
the
of
have
the
for
obvious
few
past
The
directors
June
26
of
rate
of
$1.80
for
submit
to
stockholders
to
reclassification of the class A; and B
proposal, holders of the class A stock would
preferred, on which dividends would be paid
the
share
stock
decided
8
proposed
a
Hinder
rac
June
on
year, and two-fifths
share.
Holders1 of
the
of
per
each
share
a
class
of
new
stock
B
after
stocks.
receive
,
the
at
common
would
receive
December,-
in
exchange two share of the new common stock.
The regular quarterly dividends of-50 cents per share on the A and
B sfcodks were declared, payable July 15 to holders of record June 30.
—V. 166, p. 2560.
Thus/
demand,-We
production
and
cellations
V.
while
167, p.
»'
,
#7' v;^.'
Lone Star Gas Co.
<F, H.) Langsenkamp Co.
Securities Corp.,
5%
Debentures Offered—City
—
Indianapolis,
securities
Operating
Oper.
The
May 1, 1948; maturing May 1, 1958. Denom. $1,000 and $500.
Interest payable
May and Nov. 1, with first interest paying
date
Nov. 1,
1948. Indiana intangibles tax paid by the company for the
year ending April 30, 1949.
Indiana Trust Co. of Indianapolis, trustee
and coupon paying agent. City Securities Corp.,
sinking fund agent.
Other
Callable
Depletion
whole
in
or
part
on
callab'e
are
operation
of
the
at
and
fund.
sinking
par
On
interest
accrued
before
or
HISTORY
1924
tn
AND
Indiana
individual.
coppersmith
stalls
tanks,
and
take
of
P.
H.
started
was
Net
and
steam
tomato
jacketed
a
.
tlan,
19,
plumbing
products
Company
machinery in
for
is
an
eraily
and
rent
and
used
to
provide additional
normal conduct of the business.
-
to
country. •
distributor for.
pay
be
to
used
struction,
Net
Sales
$2,376,285
Cost of goods
Gen.
and
and'labor
admin,
A
and
chgs.
—V,
775,023
209,433
104,179
69,149
17,046
13,481
19,779
10,020
107,640
77.208
70,131
76,618
124,549
112,519
12,500
12,500
16.14
14.61
issue—,
bef.
and Fed. income
Depreciation
taxes.
Net
profit
Common
Banns,
shrs.
167,
1,469,731
of
574,801
88,659
264,442
253,141
of
728,100
"828,100
728,100
$0.16
$0.37
Zn
were
■
"This
on
paid
action
declared
a
shareholders
on March 29 and
with
June
7
to
11,
was
the
dividend
dividend
of
June
taken
regular dividend rate
fn
the
hcadere it
trend.
1947
was
year-end
stated
"Although
28,
50
cents
per
18,
1948.
June
1946;
declaration,
share,
Like
since.
none
Robert
E
line
or
that
audited
and
with
our
and
of
for
J.
Donald
have
been
Warren
1,132,631
established
to
time
in
construed
practice
the
as
light
share
its
of
and
Halsted
formed
the
the
recent
meeting
assumed
first
half
a
of
more
of
1948
2.21
„
2.21
—
Scherek, Richter Co.V
"Sheridan, Bogan Co.—
:
Straus
6.62
.89
&
Blosser-*——7.5Q
Zuckerman, Smith & Co. ' 1.77
LONSDALE
CO.
(OLD
was
$
•
COMPANY)
$827,616
15,497
$2,558,180
$2,975,089
45,444
102,251
114,337
$843,114
$2,603,624
$3,077,340
$1,707,447
19,496
48,465
313,000
995,000
-
'
$1,593,110
65,805.
'
57,032
r 80,000
1,086,000
''J
'
$510,618
—
$1,560,159
$1,925,535
1948
$375,415
expenses
1946
$1,008,873
126,817
52,0571
1,011,895
lease rentals, taxes,
aband., explo. exps., etc.—
799,725)
/
exps.,
profit
,
1947
$1,563,178
revenues*.—$2,791,738
.
f
545,716
$1,653,026
$710,947
38,580
207,192
35,774?
$918,139
$578,932
income—
Deprec., deplet, and amort, of
tangible development costs
Net
74,495
78,407
73,499
$1,617,111
shares
Earnings
—V.
'•!
$839,732
$505,433
2.963,806
2,863,806
2,963,806
$0.54
income
Capital
one
$543,158
in-
$0.28
$0.1?
outstanding
share
per
166, P. 2662.
"v
■
■
!
"
- /
Louisville Gas & Electric Co.
(Ky.)—Weekly Output—-;
amor¬
(Chairman),
to
McGrody
Electric
output of this company for the week ended June 12, 1948,
42,386,000 kwh., as compared with 33,909,000
kwh. for the
corresponding week last year, an increase of 25.0%.—V. 167, p. 2580.
totaled
E.
j
Louisville <£? Nashville RR.—Bids for Bonds—
represent
M.
of
certain
acting
1,
1S48,
the
to
be
Co., Inc.8
not
less
than
will
the
inventories,
business
and
and
(M.)
Lowenstein
Quarter Ended March
sold
77,550
and
common
$3
to
its
incorporated
textiles,
of
such
not
The
which
for
each
share
of
is
the
April
the
related
The
of
new
stock
of
:"to
>
same
Textron
excess
(&
Subs.)—Earnings—
1947
1948
and
for
after
stock
common
4,620,562
share.
common
reserve
1947
for
$4.52
$2.23
.
contingencies of $1,500,000 in
preferred
2,280,000
stock
dividends.—V.
and $1,000,000
167, p. j695.
1
1948
'*
the
of
I.
the
organized
at
Regis."
-
1948,
in
the
,
-
has
has
taxes
Apr. 17, '48
.————
and
—
Mar. 22. '47
$26,605,883 $18,608,24?'
—_—i—1,316,845
1,362,853
557,100
545,000
.
—-
$817,853
—V.
per
317,976
*
$2.39
—.——■—
$2.57
-
.
acquire,
selling
McQuay-Norris Manufacturing Co.- -Earnings—.
Textron- Inc.,
new
company.
Textron was the owner
shares of common stock of the old
1948, of 156,339
which
155,431 shares
were
acquired
Oct.
31,
1945),
thereof.
Textron owns 100 shares of common stock
•
being all of the presently outstanding capital
has subscribed for 1,132,531 additional shares of
the new company, and Textron issued to the holders
}'■ ]U.
*
x
Cost
of
goods sold——————
\ Warehousing, shipping, selling & adm.
!
!
Net
operating
profit—
Other income
$4,864,753 ' $7,341,465 «
'3,328,071
* 4.916.75Q s
'
for
Federal
$470,368
;
——
4,106
$474,475
! Deductions from income—
—-————
Provision for contingencies——_—_!_—,
'■Provisions
1,220,214 f
1,066,313
exps.—
———
income! !!/!/_/——
Total
*1947-
1948
Quarter Ended March 31—
Sales/less discounts,-returns and allowances!—
.
of
changed to
been changed to a
V,
.!.!.■
of
317,976
outstanding
share
T67, .p.^2134.
Earnings
been
instance
shares
Capital
Rhode
company except cash,
continue the
operation
name
Income
;<
old
will
and
of
common
10,
stock
of
were
of
-record
May.
rights to
1948, evidencing
of common stock
Textron
company
shares
purchased
company
offered
by
of
common
net
the
100,000
the
24,
1948,
purchase
warrants
at
$3
per
which
share,
new
stock
purchased
company at the rate
for each share of com¬
through
:
(& Subs.)—Earnings—
sales.
Profit, before income taxes
and
manufacturing
and
Net
$759,745
14,
of
common
ireoffered),
machinery, the
Lonsdale ,Co. .; (R. L),
buildings
company's
the
in
$1,204,501
.
;
5,178
$1,209,679
7.674
120.574
———'
200,000
177,394
taxes——
413,860
$289,407
income
$475,245
company,
stock
own
new
.
Sons, Inc.
;•
April
on
assets-
properties ;of
investments
was
1,132,631 shares
one share of New
The
lands,
other
14,
(of
new
warrants
of-
the
the
promoter
thereof,
its
of
minor
company
99.945%
stock
mon
incorporated
Co., and the old. company's name
including the word "'Lonsdale.!'
new
company
being
1834,
all
ana
business.
Lonsdale
name
in
being
of
&
.24 Weeks Ended—
officers
share, • the
per
/
leases
not
(
<
of
name
the
interest
31—
Lukens Steel Co.
shares
employees at
common
was
of
rate
$36,824,879 $24,287,564
"After
in
the
—
Earnings per
by
and
of
the issue will replace treasury funds used for
expenditures, provide funds for, future similar expen¬
increase working capital.'—V. 167, p. 2580. '
;!
stockholders for subscription
Providence National Bank. Providence, R.
certain
expired June
not
offered
common
Interim Corp.
The- new company will
the proceeds of the sale of securities to Textron Inc."
of
share-
of
98
Proceeds
capitalizable
'
issued invitations for bids for the purchase
and refunding mortgage bonds, series H. dated
maturing April 1, 2003.
Bids must be received by
later than 11:30 a.m. (EDT), June 30.
Price is
first
and
company
not
3%%.
Counsel.—
as
has
company
$30,000,000
April
warrants.
has
Lonsdale
under the
of
profitable
shares
common
directors
agent,
of
establishing
also
of
of
at
operations have
figures
total,
f.-.1
/from
of
Gross
frequency."
report
within
-i
Co.
certain
common
in
*—
Inc.
$1,691,606
at $3 per share and the group has been
The stock represented unsubscribed shares
block
Island,
from
said:
coasifering dividend payments from time
prevailing circumstances and should not be
«
of
record
Co.,
2362.
Operating
Other
(par $1)
one
as
June
1948,
connection
President,
Aron
HISTORY—Company
,
on
gas
Admin,
$2,091,573;
$160,077,973.'—
; trar, Rhode Island Hospital Trust Co., .Providence, R. I.
$0.44
Government—
eraeunts
G.
held.:
$451096
$0.05
2,
and
ditures
Transfer
"828,100
directors
Inc.
&
—1,195,000
'
167, p.
Operating
price at which the offering had been made to Textron common stock¬
holders.
The offering to Textron stockholders had
been at the rate
Lockheed Aircraft Corp.—Declares 50-Cent Dividend
—©wik Debt Reduced-—Capitalization
Increased—Stock
7?he
Oil
Maxwell, Marshall & Co. and associated underwriters
an offering of 47,943 shares of common
a
and
-1,279,038
773,533
Received
Erhard
Louisiana Land & Exploration Co.—
Earnings—
surplus,
2580.
P.
Lonsdale
305,176
Approved—Large Order
—_
Perrin, West & Winslow,
3 Months Ended March 31—
in
proceedings
in
reorganization
before
the
Exchange Commission and the Courts. Regina Callahan,
New York, N. Y., is Co-Secretary of the committee,
and
receivables
paTaale July
of
Grizzle
through issuance of
share—
Plan
—V.
'
income
terminated.
$431,756
Co.—
tax
5.87
1948—6 Mos.—1947
$178,509
7.06
1.33
.
surtax.-
25,297
12,500
"Company issued 100,000 shares in early Jan., 1948,
covering acquisi¬
tion
Stuart Oxygen Co,
Earnings of that subsidiary included in the
foregoing figures only from and after Jan. 1, 1948.—V.
167, p. 2580.
Purchase
''
&
prof,
8.61
outstdg.,
per com,
tax
exc.
"Balance available
572,344
$106,463
OF
...
stock
64,536
——
1.33
4.41
Ohio
Pearson,
2.65
operations-;
48,123
608.476
prov. for U. S.
aaod Can. income taxes
1.33
-'v.*.»'•>-r'——Year Ended————.
.
73,421
437.477
Tentative
2.65
1948, the undertakings of this underwriter,
corporation, Sheridan Bogan Paul & Co., Inc.
new
Sales
$8,718,718 $22,4U2,713 $15,805,257
deprec.
.89
Co
:
Minsch, Monell & Co—
.89
31,022
12,500
1948—3 Mos.—1947
$11,638,993
profit
Net
stockholders
Harold
and
Liquid Carbonic Corp. (&
Subs.)—Earnings—
Period End. Mar. 31—
Net
F.
Textron Inc. to its
Net sales
$402,814;
Inc
&
Mason, Moran & Co.—
*
1.33
deductions——
inc.
$7,947,805
depreciation, depletion and
construction,
Co.,
Co
1.77
.89
Sons—
have completed
2361.
p.
Fed.
earned surplus,
matures
and
&
The
income-!——
Income
$2,874,725;
accident
&
Richards
McDowell, Dimond & Co.
.89
ACCOUNT
from
Federal
144,000
Lonsdale Co.—Stock Oversubscribed—Blair &
7,696
182,650
V.
11,967
27,293
earned—'
for
for
from
1.33
.83
—.
&
a
percent¬
1.77
;
income'
147,819
185,383
201,757
this
167,
1,014,061
317,760
.
taxes—_
interest
of
comprised
B.
Broadway,
with
1,700,927
15,473
Federal income
Int.
39
1944
taxes
Net; Income
r
4,890,393
($10 par), $54,990,000;
reserves
the
purchase
.' V
-t 3 Mos. End.
Dec. 27,
Dec. 29,
Dec. 30t
.i-uMar. 27/48
1947."'!
1946
r. 'J
1945
Gross sales,: less disc'ts
-$3,721,652 $15,410,721 $12,957,312 $16,795,881
Cost of goods sold—
2,635,447
11,916,528
8,856,532
14,300,803
Sell.,, gen. & adm.. exps.-,
258,588
936,013
,1,125,690
901,967
-
customers' deposits,
income, $6,238,840; other taxcj accrued,
$293,6r7; cus;omers' advances for con¬
reserve
to
Frank Knowlton & Co V
War¬
June .1,
by
ax
1,232,631 shs.
and
agreed
are
Outstanding
4-
V
The
committee
Nichols
$991,992
213,576
Other deductions
Net inc. bef. Fed.
accrued,
aid
in
on
underwriter
equipment,
($1,500,000
financing
.
166, p. 2211.
Securities
1945
taxes
$49,600,456;
contr.butions
V.
the
$1,327,674
408,254
profit
Other income
144,000
5,697,418
Long Island Lighting Co.—Stockholders' Committee—
in
$2,204,072
1,754,454
exps.,
Net
Time®
1946
Edwards
•>*r*;\
310,590
494,176
$5,989,411 $11,822,757
banks
to
2.65
—
INCOME
305,239
payable,
the
used
8%
ENDED DEC. 31
1947
;
2,954,074
87,500
to
accounts
etc., $645,088;
tization,
common
EARNINGS, YEARS
payable
interest
$618,515;
presently outstanding bank
capital
notes
$25,750,000;
$1,567,013; Federal
the
working
G.
j
\
$4,053,415; prepayments! $216,978; other cur¬
deferred dehil items, $238,493; total, $160,077,973.
assets, $21,246;
be
Johnson, Lane, Space &
&
Co., Inc.—
Johnston, Lemon & Co.
*
Co,-,
"About
',
less),
or
year),
every
PURPOSE—Proceeds will be
cost
$14,860,332;
canners, chemical
of
the largest
one
country itv the world.
Export volume accounts for
approximately
of the yearly sales volume iri this
division of the
company.
at
aiso
$16,552,151
438.353
LIABILITIES—Common stock
The company
also acts as the sole
the Indiana
Canning Machinery Co., which manufactures pulpers used to reduce
tomatoes, pumpkins, apples and other fruits to
pulp, finishers and
juice extractors. Items manufactured
by the company, and for which
it acts as distributor, are sold
by the company in practically
loans
&
Total
3,377,237
and
such
by
offered
2.21
Marshall
Sears
assumed
$133,180,291; investments
(miscell. securities). $54,22Q; cash, $12,564,310; U. S. Treasury tax
notes, series C, $25,000;. accounts and notes' receivable (less reserve !
of 871,132>, $4,719,020; materials arid
supplies, appliances, etc. (gen-?;
plant,
of
received
will
this
of
has
Hill
.89
Fraser, Pheips & Co
CONSOLIDATED BALANCE SHEET, MARCH 31, 1948
^
employees
Hirsch
Co..
Lisle &
Inc.
98.386
$7,511,601
——-
ASSETS—Property,
.
Langsenkamp;
as
cooking kettles
manufacturers.
income
balance
stock
common
Grande
8.83
2.65
<
194L—12 Mos.—1947 %
36,000
1,840,300
18.23%
2.65
i
$8,843,293 $21,973,941
30,ceo
26, 1948
price of
which
of
Percentage
&
A.
$8,720,494 $21,277,773 $16,168,003
122,799
696,1C8
384,148
2,517,COO
The
Proceeds
of
each
.89
&
leases
through
incorporated
was
business
business
Lestrange
&
Other
120,000
Income
cn
portion
(a
follows:
as
Draper, Sears & Co.—
can¬
791,196
■!!
1,132,631
forthcoming.—
be
138.518
——-
Federal taxes
during 1868. Company now manufactures and in¬
stainless steel, nickel, monel, inconel and special alloy
pharmaceutical
.makers of
the
over
original
—
assets.
each
which
3.09
•
—
of
June
purchase
1,250,000 shs,
of
name
stock
Davies & Mejia—
,
912,892
—:
abandonments
Lease
are
shop
copper,
coils,
BUSINESS—Company
to
The
181,106
$11,236,611
1," 1949 and
outstanding,
$25,000'for the
so long as any of the debentures
will pay over to the trustee the sum of
of retirement of debentures.
company
purpose
,
said
capital.
3.09
March
annually thereafter
the
only
$11,055,505
credits—
charges
Depreciation
paying date on 15 days'
prior notice before May 1, 1951, at 105% ; on May 1, 1951 and
prior
to May 1, 1954 at 103% ; on May
1, 1954 and prior to May 1, 1957
at 101 'it ', on May 1, 1957 and thereafter at
100%; plus interest. The
debentures
1948^-3 Mos.—1947
sale
about
the
company
par)
Cohu
r*■'&: !'"■
r
income——
income
Income
interest
any
contract
($1
Courts & Co.___-
$18,276,476 $14,098,124 $44,827,902 $33,071,106
7,220,971
5,377,630
23,550,129
16,903,103
—
deductions—
Operating
Dated
in
that
may
are
v
being sold only to residents of Indiana.
are
revenues
rev.
the-fact
cutbacks
old
the
or
of
completion
on
Clayton Securities Corp..
increased' military
an
(& Subs.)—Earnings—
Period End. Mar. 31^-
May 26 offered $250,000
on
sinking fund debentures at 100 and interest.
meet
to;
with
faced
are
production
severe
2258.
■
preparing-
of
2.21
ren
we
to
up
stock
unsubscribed
Burgess & Leith—
military
total
subsidiaries
outstanding
Camp & Co._
Chace,
Whiteside,
in¬
business totaling approximately $92,000,000.
backlog of Lockheed and its wholly
approximately $182,000,000. !!/.■!.'
; %
Of the total appropriations for military aircrait procurement,
less
than 30%
was
in casji—the balance being in contract' authority for
which funds will have to be provided at a later date,
In
signing the Appropriations Bill; President Truman announced
that
the
program would
be reviewed-in September and again in
the
brings
owned
be
Brown,
security
have
days
by Textron
shares of the
acquisition of such assets and the
days thereafter upon final deter¬
working
for
Klima
received additional military
This
Langendorf United Bakeries, Inc.—To Reclassify Stock
of
90
used
Bateman, Eichler & Co—
Bingham, Walter & Hurry
been
yet
Detailed
of
Barrett
options.
not
awarded.-
restricted
that within
stated
date
price
on
payment
the
paid
& Co., Inc
Maxwell, Marshall & Co.
the
procurement
have
at
be
Blair
by
contracts
will
from
purchase
be
to
Arthurs,
Bureau
these
of
made
the
paid
Percentage
the 70-group
some
be
the
to
from
company
be applied
will
sale
of
April
20,
1948,
the
securities
of
the
outstanding v/ere 100 shares of common stock i$l par),
1,250,000 authorized shares thereof. * The securities of the new
Textron
,
formation
acquired
UNDERWRITERS—The
age
which
of
stock
be
1,132,531
Authorized
Supplemental National
provided in excess of
military aircraft by the Air
1948,
procurement
recommended
as
allocated,
of
Truman
Act
tfte
ior
building
arm
and
also
holders
issuance
will
of
per
the
,
circumstances
future
of Aeronautics.
This is the first step
Air Force and strengthening the Naval
the President's Air Policy Commission
the Congressional Aviation Policy Board.
; ■.
air
355.
p.
and
toward
common
Aug.
application
cash dividend of
the
on
of
stock
10%
a
of an
quarterly
-declared
been
declared
the
stqck
price
from
company
of
company
Military
Appropriations
Force
Laanson & Sessions Co.—Declares 10% Stock Dividend
preceding
common
Textron
follows:
purchase plan
for officers
and
key
and its wholly owned subsidiaries.
of three directors, who are not a part of
day
of
by
$3
CAPITALIZATION—As
new
stock
the
on
employees *at
working capital.
out
Program! on Lockheed Pro¬
this connection, Mr. ,Gross said in part:
$3,000,000,000
directors
the
New
of
duction—In
167, P. 2258.
The
should
sahres
$2,500,000
be
will
for
was
Exchange
Effect
$598,285
income
the
Stock
$827,496
229,212
Int. And other deducts,*
—V.
$764,177
9,393
-
under
$3,210,114
2,424,090
$3,688,203
2,904,026
$209,026
(net)
income
Gross
845,523
of
the company
and
received
company from the sales of shares
officers
and
certain
directors and
its
to
and not eligible to receive options
appointed to
recommend
persons
to receive
options and the number to be received by each.
Pursuant to the
recommendation of the committee, options for 72,250 shares were Issued
entitling the recipients to purchase stock at a basic price of $22
per share,
which was above the closing bid price on the New York
1948—12 Mos.—1947
$863,877
654,851
$973,397
-
taxes
issuance
of
which
of
new
consisting
management of the company
the
1948—3 Mos.—1947
for
the
common
to
of
Common
Approval
committee
A
Superior District Power Co.—Earnings-
Period End. Mar. 31—
shares
assets
issue
to
its
mination
require.
employees of
Lake
extent
balance
to
of
of these additional shares except as such may be required to
out the stock purchase plan for employees.
Although it is believed that the company now has sufficient capital
to
current
and
meet
presently foreseeable requirements,
the board
feelr. that the company's position is
strengthened by the availability
the regular quarterly dividend of 7'/a cents per share
on
the common
stock, both payable July 10- to holders of record
June 30.
Like amounts were paid on April 10, last.—V, 167, p. 1257.
share
of
the
any
University, Chicago—Extra Div.—
L&Salle Extension
The
directors
be
stock of
payment shall
his
because
carry
per
its
to
new
to
had
Copper Corp. require him
time.
E. 8. Dulin, President
the
of
proceeds
company as the purchase
the new company.
The funds received
by the new
the
Pasco
of
the
shares
}
Frank
1,132,631
to
common
4, 1948, the three
in the proxy state¬
.
except
be
not
Cerro
much
officers, and certain of
of
Co., was elected to fill this vacancy on the board.
of an amendment to the articles of incorporation to
Approval
increase
directors
name
country
Jackson
(2)
been
have
figures
peso
of
Byron
converted into dollars
the exchange rate of 4.85 pesos to the dollar.—V. 164, p. 2410.
NOTE—All
that
President
as
out
for
dividend tax.
for the 8%
preferred dividends and
$2.28
provision
fAfter
tax.
his
requested
be
'
all
of
duties
1,243,389
$2.07
share
^Earnings per common
Re-election
(1)
1946
1
1,136,294
i
transacted:
were
its
PURPOSE—The
volume of current business to warrant payment of
50-cent per share dividend prior to receipt of our interim audit."
At the annual meeting of shareholders held May
ment,
$11,341,502 $10,003,709
___
income
"NCt
to
substantial
this
(& Subs.)—Earns $2.07 per Sh.
S. A.
continuing,"
Monday, June 21 /"1948
share in cash.
have made
we
following items of business, previously announced
La Consolidada,
is
added: 4
year
debt
now
CHRONICLE
exercise
of
4he
Net
dividend
Common
shares
for common
outstanding
Earnings per common
NOTE—Excise
report,
additional
income."—V.
taxes
whereas last
166,
——_
17,826
17,86?
stock——!__—
271,580
457,379
%
355,939
355,78?
requirements
Balance available
underwriters,
and publicly offered.
shares of common stock
."_!-
income.—
Preferred
p.
—
—
$0.76
share
have
year
been
deducted
from
sales
in
$L2g
the
above
they were included in the "deductions from
2662.
Volume 167
THE • COMMERCIAL
Number 4709
&
FINANCIAL
CHRONICLE
mi
(The) Magnavox Co.—Sales and Earnings—
Fiscal Years Ended—
" 4
Earnings after all charges
No.
shares
of
——
2,016,976
--/"■
—Y—.
Y_—
~
-
'
'
$3.36
.
.
'
.
"
■
and is
payable in Canadian funds.,
Offices of
the
firm
Mannix
are
located
>
.
at
'
•
<-
$3,269,301
2,711,418
2,335,331
—Y-—Y-Y—-
i.
taxes
/
73,500
.
Prop,
.
income
'
$192,119
123,858
87,098
——
—
1
Placed Privately
The.,
stockholders at the annual meeting June 7 approved the
issuance of 12,660 shares of 5% cumulative Convertible'
preferred stock (par $25), which has been placed privately at par.
v
:
The
Corp.
stockholders
Preferred
—
Increased
also
137,106 shares.—V. 167,
authorized r
the
—
'•
Y 59,302 '
stock
common
to
j
—V.
ifGleiiti L.) Man-tin Co.-^-Listing—
The
stock
common
listed
-was
on
opening of business June 7,
'
^
-The
i
utility plant
adjust. Y—
income
Gross
—V.
directors'
-
•
15.declared
June
on.
special
a
1,
Trust
V.
Immediate-, payment
interest.
167,
16
and
Wall
trustee,
Co.,
price
redemption
cents
<
.
1256. ^
p.
Feb.
due
the
The New York Trust Co. has been appointed redemption agent with
respect to the redemption on and after Sept. 1, • 1948 of 5,000 shares
6Vz%
cumulative
See V.
preferred stock.
167,
be
at
;
the SEC
to- approve
permitting i a $7,500,000 increase in
might be issued or assumed by the
This
amendment
tive
preferred
seek
to
The
this
rfequires
stock
the
stockholder
unsecured
Street, New York,interest to the
Y.,
N.
of
the
redemption
charter
indebtedness
which
full
of
before Dec. 31, 1951.
outstanding 4%% cumula¬
asked permission
atr l04l/a
and
interest.
2580.
Y
;
167,
Utilities
Payment
will
on
Co.
a
rated
-
,
Co.
In
Michigan Gas & Electric Co.—Earnings—
Period End. Mar. 31—
Operating
revenues
Oper. exps,
Y
1948—12 Mos.—1947
1948—3 Mos.—1947
$574,486
$628,256
—
and taxes-Y '
528,904
$2,401,757
1,893,598
i
1,713,364
$508,159
-
$487,877
282
39
now
Gross
income
$99,391
Net
,
-V.
income
166, p.
$498,159
36,424
187,350
146,556
$91,411
$70,582
—
$508,423
$321,065
$127,834
28,309
$341,603
Qtr, End. Mar. 31—
Cost
allowances
sales
of
deprec.
■
Sell.,
1948
&
1947
1946
1945
Y '
$35,898,048
$24,184,144 $16,999,551 $16,609,481
(exclud.
adm.
19,920,935
14,027,978
10,510,102
"
company.
profit
Other
ihc.
2,377,159
2,059,394
1,745,534
$8,096,772
$4,743,914
acreage,
*59,456
*353,045
proceeds will be
before
depletion,
I>epreciation
leaseholds
*107,619
were
paid
June
Purchasers
15.
$13,707,573
$8,156,229
1,710,036
1,218,214
Net
315,375 ;,
—
shrs.
Earnings
Operation
$4,440,669
offered
now
will
528,643
586,384
283,649
4,675,000
—
for
1,857,912
$2.08
1,857,912
$3.77
.
•
1,702,500
1,857,912
Net
$0.88
Other
1945
$6,868,159
155.
P.
2.607,071
515,608
496,221
95,583
775,000
95,500
765,000
1,211,460
97,800
4,211,862
937,965
720,000
71,573
412,000
50,000
50,000
25,000
30,000
949,650
899,150
696,553
518,500
$2,201,736
$2,165,411
$2,059,116
$1,794,829
11,837
—
operating
rev
'
fYjY :V,
-
!—
income
7,994
...
18,608
8,627
;
Total
Miles Shoes, Inc.—Current
*
"
:
Y
167,
1948
$1,708,000
—
1947
$6,466,000
'' '
'■<.Y'"'":'
1589.
p.
$1,640,000
$2,448,458
serial
tumbler
system
to
control temperature during
drying and .deodorizing by
type and weight of fabrics was introduced last week by the company's
Brown division.
first
wholly automatic dry cleaning
*
control system, it was revealed by Joseph H. Broome, East¬
ern Regional
Manager of the Honeywell-Brown specialties division, is
centered within a single operating panel,—V. 167, p. 2469. •<
The
new
U.
Francisco,
of
this
Mission
The
Circuit
S.
Calif.,
June
corporation
and
from
of
for
Appeals
an
order
District
at
San
without prejudice the appeals
the
consolidation
of
dismissed
14
Ninth
the
blocking
Sunray Oil Corp.
Court
because
on
Court
announced
both
that
sides
had
agreed
to
the
dismissal
have been dropped.
Willian G. Skelly,
oil man, last Dec. 2 won an injunction in a Federal Court in Nevada
blocking the merger.—V. 167, p. 654.
plans
the
for
merger
Missouri Edison Co.—Earnings—
Period End. Mar. 31—
Operating
revenues
Oper. exps.
series
due
April
1,
Sept.
3%%
and taxes—
$265,834
$236,143
$986,495
$857,375
224,983
190,640
829,503
694,422
income
$40,850
$45,502
$156,991
$162,953
285
777
751
'
Other income
247
Y-
payable
REA
4'/*%
loan
FHA
4.20%
Interest,
income
etc.,
•
$41,098
14,244
12,436
$26,854
$33,352
deducts..
$157,769
$45,787
-
-52,269
$163,704
-
(due
mtges.
pfd.
—V.
income
166, p. 2662.
$105,500
49,751
$113,952
Y'„ /
:
(cum.),
par
?.
"'
given
stock
creased
of
($5
bonds
the
*-
:
■
■
preferred
6%,
part
on
Y\.
from
dends
to
date
shares
of
of
to
UNDERWRITERS—The
by
1,500,000
1,
&
2,500,000
230,566
basic
to
Inc.;
&
t
Inc.
be
amendment of
1944,
and
the
W.
Milwaukee
E.
—V.
E.
HuttOn
certificate
the
Co,Y—Y
167, p. 2259.
occupancy,
from
and
high
and
Co.——
additional
1972.
&
Co.,
Rollins
& Sons Inc.
6,500
,
6,500
3,500
3,500
3,500
3,500
Illinois
Co
-
2,500
10.000
Pacific Northwest Co.——'
2,500
10,000
Whiting, Weeks & Stubbs
2,500
*
6,500
Lafayette was4
number
destroyed b^ fire.
from
range
$6,000
to
$10,000,
the
The houses
materials,
and
first
from
National
factory to the
inventory is carried.
finished
No
which
after
floor,
the
Homes
dealer
prepares
the
base¬
the
the panelized sections are shipfp&L
building site and quickly assembled.'
;
;
has manufactured and built 64
companies in West Virginia.
Additional
orders for this type of industrial housing have been accepted and the
company Intends to continue expansion In this field.
Other specialties,
such as school houses, stores and professional offices are now being
houses
for
past
year
several
1
the
large
-
..
.
company
coal
.
was
>
furthering the sales of National
a dependable source of credit.
Homes
to
*Of
making
furnish
EFFECT
sales.
PRESENT
TO
*
(par $100)
which
(par
to
..
'
FINANCING .*
Authorized
Outstanding'
10,000 shs.
—
cumulative series A
stock
available
additional working
increased production and
made necessary, by
stock
by
.
proceeds will be used
2,500shs.
::
$1)
200,000 shs.
Y
*149,697 shs.
4,000 are owned by company.
STATEMENT
OF
INCOME
AND EXPENSE
"
9 Mos. End.
Net
sales
Cost
of
Mar.
'
.
———-
goods
sold
—
Operating
profit
Other
income
Net
~—
Income
(net)—
——Years Ended June 30——
$3,305,437
$3,498,888
"
1946
$1,521,228
2,676,275
281,856
2,833.409
254,461
1,166,738
155,529
$834,351
601,603
116,979
$411,017
$198,959
$115,768
30,552
13,722
5,986
$441,569
$212,681
$121,755
89,005
31/48
1947
$347,304
26,501
.
Prov.
for
—
Fed.
$373,805
tax
141,351
169,443
1945
•
119,288
$232,454
inc,
$272,126
$93,393
58,271
141,758
49,000
6,500
Inc
Laurence M. Marks & Co.
'
maximum
.
shares
the
each are as follows:
by
grade
The
comfort.
summer
ment
Expenses
:
Kebbon, McCormick & Co.
The
of the
outstanding to be redeemed aftd
commencing July
1,. 1950.
Co., registrar and transfer agdht.
fund
Trust
CAPITALIZATION GIVING
Stifel, Nicolaus & Co., Inc.
.•
in
using standardized panel-,
ized exterior
walls, partitions, ceilings and roof sections. The exterior
walls
and
ceilings are insulated, assuring low cost winter heating
Preferred
Equitable Securities Corp.
12,50o
10,000
&
H.
cent
per
original plant in
for
ready
constructed
Common
Piper, Jaffray & Hopwood
17,500
rate
or
time
Y
No. of Shs.
——:——10,000
(Inc.)
The
underwriters
Kalman
32,500
Five
any
sinking
amount of which accruing to the company is 43%.
average
are
capital
'
1,066,434 shs.
■
purchased
Pierce,'
Beane——
Peabody & Co.—
W, Baird & Co.,
Robert
to
the
at
whole
designs-are now in production, varying in siife from twb-bedroom
homes.
The prices for these hoihes, completely fin¬
99.115 shs.
100,000 shs.
11,500,000 shs.
the
dividends
Callable In
1948,
four-bedroom
ished
6%
1948,
of
1,
25,
26.114
26,600
No. of Shs.
CO.,
Merrill Lynch,
Fenner
names
severally
'
7
at
out
of
Loan &
bonds
1,000,000
share.
cumulative
proceeds made it possible to construct the present mbfcern
plant, located at the east edge of Lafayette, which nQw covers ah
of more than 85,000 square feet.
;
y '
-National Homes are one-story residential homes.
Approximately 18
1,700,000
,
Issue and sell late in 1948 an
$1,000,000 of first mortgage bonds, 3'/s% series due Nov, 1,
Blyth
series
annually
Lafayette
(Ind.)
PURPOSE—The
,
NOTE—Company plans to
stock
redemption.
the
retired
may
incorporation effected June
to
July
from
dealers
$100.—
entitled
any dividend paying date upon 30 days' prior notice at 103
before July 1, 1958, and at 102 thereafter, plus accrued, divi¬
or
of
is
stock
payable quarterly
on
of
1,500,000
1,700,000
.
par)—
of
<■■■-•'■%
90 day option to purchase severally an aggregate
a
The
indenture,
amount
common
$0.36
share—
2106.^
1947, National Homes Acceptance
Incorporated
in
Indiana
as
a
wholly-owned subsidiary
With an authorized capital of 5,000 shares of common, stock (par $100)/
of which 1,000 shares have been issued to and paid for by National
Homes Corp.
The subsidiary corporation was formed for the purpose
be Issued upon compliance with the provi¬
provided, tl)at not in excess of $20,000,000
of all series may be outstanding at any
one
time.
t$300,000 due Sept. 1, 1948, balance due Sept. 1, 19491951.
JThe number of shares of common stock authorized was in¬
of
$0.38
$89,965
$0.20
of 750 additional shares at $94.50 per
4,000,000
•
.
612,500
-
principal
29,074
$160,054
at par ($100) and dividend. The underwriters have been
n7,500.000
r
v/Y-.
,
Y_Y."
1948-1967)
stk.
Woodard-Elwood & Co
riet
-
v
1948-1966)——
(due
series
Common
17,286
$167,794
.Y-Y
-
2%
13,004
$119,039
Homes Corp., Lafayette, Ind. — Preferred
Offered—Kiser, Cohn & Shumaker, Inc. and Rtff- :
fensperger, Hughes & Co., Inc. on June 10 offered 1.7S0
shares of 6% cumulative preferred stock series A of 1936
Corp.
$1,600,000
*
—$2,500,000
bank-/
to
Central Republic Co.
Gross
Y./• /;
—
1,
-
note
8,674
$177,340
-
SUBSIDIARY COMPANY—In April,
Outstanding'
1949-
1965——r
Nov.
sinking fund
1967
t2%
•
1948—12 Mos.—1947
1948—3 Mos.—1947
1,
1970
1972—^—
notes due Nov, 1,
due
FINANCING
Y. v/"''1
1,
series
Kidder,
Net oper,
'
series due
Of
'
$938,789
due April
bonds,
•Additional
The
$1,600,137
PRESENT
TO
Authorized
3%
sions
Mission Corp.—Merger Abandoned—
«
;
$1,705,106
EFFECT
GIVING
3%
the
867,877
——-YY-- YY
1953
654.
said to be
$1,806,666
477,587
First mortgage bonds:
2%
1,617
$197,789
29,995
•
—Y-—_Yy'
deductions
per
produced.
,
Minneapolis-Honeywell Regulator Co.—New System—
What is
$2,077,724
468,932
1
1948—10 Mos.—1947
$2,188,121 $23,123,701 $19,564,668
i
27,100
$105,974
National
Within
income
2VaVo
,
$2,174,038
487,244
/
CAPITALIZATION
1948—MonthYi947 i'
—
—V. 167, p.
Net
'
Miller-Wohl Co., Inc.—May Sales 11.9% Higher—
Period End. May 31—
Sales.
—Y
——
charges
;
$6,024,000
--/' Y-"
'Y
$2,209,780
$1,722,536
income
v
—Feb. 2 to May 29—
.
Sales-Y
—V.
Sales Increased 4,2%—
,—4 Weeks Ended May 29—
;
:■
1948
'
1947
.
$168,665
47,701;
.
Deducts, from income &
special
Y Y\'
Earnings
—V.' 166," p.
directly
Y;YY'Y': Y;"
47,824
27,100
Insurance
♦Includes
$2,862 profit on sale of capital assets In the 1948 period;
$19,650 in the 1947 period,, and $270,961 in the 1946 period.—V. 167,
Y———
(net)-
'
;
income-/-—Y-Y'
income
February,
1946
$8,924,033
1947
3,598,496
taxes
taxes
STATEMENT
———Years Ended Dec. 31
$1,627,996
$1.25
:
105,417
52,612
55,690
^
T*
BUSINESS—Corporation was incorporated in Indiana
1940, and immediately began the business of manufacturing
prefabricated homes.
Dut to the war, a major portion of the coihr,
pany's early production
went to
various government
agencies.
In
666,769
income—
on
income
Other
114,282
.
HISTORY AND
1,374,084
depletion
taxes
348,137
30,332
127,976
$196,172
Y-
income
June
1,410,752
retirements—
$2,313,826
1,857,912
$3,869,129
$7,007,163
share—-
1,200,000 \
2,482,500
INCOME
4,348,539
r
-
for
Fed.
371,640
34,878
499,681
.
be
not
679,829
a—
Prov,
State
outstdg—
per
stock
payable July 1,
$10,511,139 $10,227,776
Maintenance
826,523
taxes
income
Capital
$5,096,960
1,054,490
revenue
Prov,
Y.
state
income
on
—
surrendered
and
the common stock of the com¬
on
Feb. 28, '48
oper.
134,742
57,252
:
;
Income
Net
of
the
of
the dividend
to receive
12 Mos. End.
depr.,
deplet*n
etc.
&
abandoned
Federal
to the general funds of the
of the cost of additions to the
for the past five years in the following, amounts: 1943, 40 cents
per share;
1944, 50 cents per share; 1945, 60 cents per share; 1946,
60 cents per share; 1947, 75 cents per share,
A dividend of 20 cents per share was paid April 1, 1948, and a divi¬
dend of 20 cents per share has been declared payable July 1, to holders
Tdtal
and
added
pany
209,029
(net)
$799,400
168,401
261,321
retire.-(deplet. & amort.)
income
1946
1947
$932,791
Y-—
gas
Stock
,
$4,231,639
exp.
Other
(& Subs.)—Earnings—
Yu
operating
Total
Power
1,412,203
sales $13,599,954
from
credits
Income
Northern
,
COMPARATIVE
Net
Minnesota
as
.unit plan for the cooperative development of
.Y
"
a
DIVIDENDS—Dividends
record
Net
<:
-
$1,250,702-
Income taxes—-Y——YY-
Federal
Gross
principally a public utility holding company.
changed its. name ,to Montana-Dakota Utilities
operating public utility company. Company is not
operator under
entitled
10,965,638
for
into
1948
Y_
to
split-tip
four: shares of 85
2581.-
p.
Split
Stock
—
proposal
a
stock
common
General taxes
was
an
PURPOSE—Net
of
deplet.)—
&
gen.
(& Subs.)—Earnings
less returns
sales,
; -and
Delaware
2560,
Mid-Continent Petroleum Corp.
Gross
in
company and applied toward payment
electric and gas utility properties. V
.
approved
167,
revenues
expenses
.
Prov.
utility holding company and is not controlled by or
any public utility holding company or with any other
with
gas
operating
Other
company
certain
value
stock'.—V.
common
Maintenance
company
utility
the
par
$20
15
June
Oneration—Purchased
Of¬
Stock
Common
—
a
1924
1935
public
a
on
3 Months Ended March 31—
has four subsidiary companies; namely, Knife River
Coal Mining Co, and three small subsidiary companies, two of which
hold various Interests in certain gas lands and wells and one of which
is
Int. and other deducts.-
14,
and became
public
264
$127,834
$99,352
the
1935
Co.
The
Net oper. income
Other income (net)-
until
and
of
..
March
on
affiliated
$2,201,240
446,652
-
.
value
par
Vernon-Woodberry Mills, Inc.
stockholders
share
Total
public, utility operating company carrying
natural gas and electric
public utility business in Montana,
Dakota, South Dakota and Wyoming.
Company yifas incorpo¬
North
$4;929,487
-
of
: National Gas & Electric Corp.
;
registrar, Northwestern National Bank of Min■.
./
'''■
/
COMPANY—Company is
approval.
2469.
p.
and
agent
neapolis.
Company
cbmpany is the Detroit subsidiary of American Light & Traction
CO.—V.
Transfer
$5,828,947
had previously resigned.
It was reported on June 16 that Lawrence H.
Odell, also a Vidlfe
President, had also tendered his resignation. .
'George Whitney and H. P,. Davison, President and Vice-President, "
respectively, of J. P. Morgan & Co: Incorporated, on June 16 resign^!
as
directors of Montgomery Ward & Co. because of certairT differ¬
each
,
fered—BlytlL& 'Co.j Inc., and Merrill Lynch, Pierce, Fen¬
ner
& Beane, jointly, headed an underwriting . group
•
r
.
date.—
Y which offered to the public June 16 a new issue of 150,-7
000 shares of common stock ($5 par) at $12.50 per share.
amendment
company
approval
'company.
the
of
a
Yy_Y.^. Y
YYY—
,
Michigan Consolidated Gas Co.—To Increase Debt—
The company has asked
1,121,660
opinion which have arisen as to matters of policy, largelyY
involving the internal organization of the company,—V. 167, p. 2580.
1, next, for account1
fund, $130,000 of first mortgage 3'/*% bonds, series B,!
p.
97,786
$7,332,309
1A
deducts—
1924.
Mount
1966,
167,
$7,908,141
Appley,-another Vlce-Preetdent,
ences
Bankers
the
made
accrued:
Montana-Dakota
2580.
p.
will
be made at
Mellon Natlonal.Bank & Trust Co., corporate trustee, Pittsburgh,
Pa.—V
1,
$761,987
87,918
/
.
The company has called for redemption on Aug.
the sinking
51/J13
$896,069
$7,:
*
The
resignation of V/ilbur H, Norton as President was accepted
by the board of directors on June 10 and the resignation of Oswald 8. >
Higgins as Vice-President became effective; on -June 15.
Lawrence A.
•The
of
65,021
$7,6*43,120
Monttgomery ;Ward & Co., Inc.—More Officers; Res$db
r
'
^
20
Monongaliela Ry.—Partial Redemption—
-
7,273
Net: income
2580.
p.
$754,714
2,563
-YY
Balance
outstanding,first mortgage 5% gold bonds, series A, due
1956, have been called for redemption on July 15, next, at
and
101
$894,106
(net)„
Income
—V. 167, p;
of the
June
13,113
Y-;JYY-Y $808,751 ' $664,201
$8,786,481"$5,887,OSS.
Div3. applic: to preferred stock for- the
period^' »vi 957,534 Y 957^4/"
$2.03-
/
of
dividend
paid earher in this year" oh March 8 and June 7.—-V. 166,'
All
'/
$202,883
$2.82 <
Monmouth Consolidated Water Co.—Calls 5% Bonds—
.
167, P. 2362.
"A"
$281,537'
a
.
3,801
13,113 ■
'
Merritt-Chapman & Scott Corp.—Redemption Agent—
of series
29,400 t
share on the coxhmon stock, par $1.25,; payable July 8 to holders *
1. 'This i£ in addition tO the two dividends-'of 20 cents
each
YY-- ''
$232,283
Y
*
surplus—YY
(on 100,000 shares)_1 Y.
3,861
'
oper., revenues
Other
>
■
.
of record July
Exchange
1948.
leading .plane .builder, has.a current backlog of
approximately $105,000,000, a sizable percentage of which covers development and experimental projects.
Sales to the U. S. Army and
Navy account for a major proportion of revenues.
Engineering and
tooling is under way! on a Navy contract for PBM-5A "Mariner"
planes, the largest amphibian ever flown. The Mars, the first of the
company's giant flying boats, is now in use by U. S. Navy Air Trans¬
port Service in semi-weekly flights from the Alameda, Calif., air base
to the Hawaiian Islands.
In 1947 the company entered the helicopter
field with purchase of Rota wings, Inc. of Philadelphia.
The
company
has diversified activities including a Plastics and
Chemical
Division, manufacturers of "Marvinol" resins.
Principal
operations of the company are concentrated at Middle River, Md.,
where the plant as well as a seaplane base and airfield are located.
company,
/,;■*. 4..
-.w,
stock and
common
$310,937
29,400
*
:
1,500,000
Y-.
46,933'
•
Mojud Hosiery €©.» Inc^—Special Dividend—
per
the San Francisco Stock
Y—
166, p. 952.
The
at the
-•
r
Balance for
Earnings per com: share
2032.
p.
Y-Y-ii'.
-Net' income
Preferred stock j dividend. requirements-^-—
1,785,0
1,500,000
limited-term,
Int. and. other
Mark ley
2,211,533
125,000
.
$279,2171
$370,239
Y_—f——.—^
171,994
125,000
of
acquis,
Net
deductions.
Income
!
—
199.887
-
investments- YY-
"
$246,381
income.;
Gross
336,210
deplet,
approp.
Amort,., of
Amort,
Other
and
Mos.—1941
$1,839,927 $20,908,165 $19,173,4
432,421
5,585,783
5,330/
355,798
3,750,755
3,260/
459,787
.u_fc—
retir.
reserve
166,464
'
A
Utility operating income^
1948—Month—1947 Y. 1948—12
$2,014,990
—
—
Other taxes
91,529
178,947
-
taxes
Federal
96,067
(■ '4"
*
110,432
—_
revenues
expenses
70,500
66,074
.
4
—
Operating
Operating
307,290
387,099
u—,
———:—
Co.—Earnings—
-Period End. Mar. 31—
<
$3,773,851
Y_-__
-—c—
Genera]
1947
1948
-
—.
Canada.,'
Alta.,
Calgary,
-
Montana Power
"
The note
Boise, Ida.,:
:.
V;;
.
31—
Federal and State income taxes_-_-i__4._____-
Mannix Co., Ltd. — Note Placed Privately—
Blyth & Co., Inc. on June 8 announced the sale privately
to institutions which have purchased them for invest¬
$1,200,000 4%% note due May 1,1958.
March
Depreciation
V
Is guaranteed by Morrison-Knudsen Co., Inc.,
Ended
Maintenance
$4.30 "
'
,
Months
Other
(Fred)
ment of
12
Operating revenues
Operation—gas purchased
2,150,998
500,000
600,000
.———*
outstanding____
Earnings per share
Mobile Gas Service Corp.—Earnings—-j
;
Feb. 29/48 Feb. 28/47
—$27,434,019 $24,013,812 4
"
Sales
—V. 167, p. 1810,
'
Balance
Cash
div.
—V. 167,
surplus
on
p.
com.
stock
$32,749
•'
*
YYY
2581.
Co.—Secondary Offering—Blyth & Co,
distribution on June 11 15,000
common Shares (par $10) at $28y4 per share, with a deal¬
er discount of 75 cents a share.
The offering was over¬
National Tea
Inc. offered as a secondary
subscribed.—V. 167, p. 2581.
The
llgO-
147,962,000 cu. ft. 1
above production*
output for th<? June 11 week is reported at
is an increase of 8,573,000 cu. ft., or 6.15%
This
bidding.- Proceeds will be used to pay off advances made by American
Telephone & Telegraph Co. (parent) for construction and general
ft. for the corresponding week a year ago. «
.For the month .ended May 31, the Association reports electric output
of 61962 542 kwh.
This is an increase of 2,571,332 kwh., or 4.33%,
is
increase
an
is reported at" 708,451,000 cu. ft, This
Cu. ft., or 6.56% above production of
for the corresponding month a year ago.
May, 1948
of 43,625,000
for
66^,826,000 cu. ft,
CONSOLIDATED INCOME ACCOUNT
(
to
of
income .taxes
is
2,440,692
2,440,692
$3,603,483
147,220
$3,603,483
__—*_——
ajso
.,_™I—
*
Other Income
—_—
■; 2,280.465
$4,535,758 '
195,9687
147,220
$3,750,702
Other deducts, from income of subs.
345,255
-Net
,
$4,731,725 i
this
for
unfilled
orders,
,
Occupation
trainer,
Force
•:
despite
two;
as
we
in
first
the
with
compared
.
along,
go
•
months
five
in
19,787
the
;
■'
.
of
this
the same
167,
■;
total
month's
■
,
amounts to
of 1947 and
year
period
*
>
2034.
P.
contract
A
Atwood
Mr.
west
The
out.
company
now -
lor
operations will be
Wells Nos.
1.
the
northwest of
the
imme- ;
Bince
t
boundary
the
per
17
and
attained
the field
the time
September
in
per
extend
1*
at
of
1%
drilling
for
1947
sus-'.,
initial';
an
1,300 yards fq ;
?
;
day, and was a stepoyt
well in the field.
,
northenmost
miles
was
-
,
explore the Merecure' sands, is now/
a6 11,852 feet and-will be tested shortly,'In addition to finding the
'/
rands found by the other wells in the- concession, this well has en- i
J8°b]e
15,
deep
a
test
well
several highly
18,
2
over
to
promising sands in the
southeast
miles
of .Roble
Merecure.
15,
been
has
depth of 8,700 feet and Js now being tested.-r-V.
a
drilled
167, p, 1697.
to
.
^
company has used, under a temporary lease, part of*the
modification,, sto^g— and light, manufacturing—
plant
No.
of
west
countered
facilities will be started
within the next several months.
Downey
in the
in
barrels
1,400
production: of 1,235 barrels
.
has
now
of Roble
the
to
of
rate
pended dring the war.
;7
'•Well No. 12 was completed
V'/, 7 Ilt'V/'-*
pointed
the
Concession
17
Eastern Venezuela, with produc- ;
day, The well *s a stepout 1,300 1
yards to the west of Roble 11, the heretofore westernmost well of the7*
field. Roble if -which was completed last year with an initial produc*
tion of about 1,300 barrels per day in turn is a stepout 1,300 yards 'I
at
Roble
full
the
Roble
El
the completion of its well Roble
announces
company
tion
T-28,
is
Pantcpec Oil Co. of Venezuela, C. A.—New Well—
37,000racre
'
•
North American
the
trainer.
wUl be completed
the
1
of
These
360,849
■,£■
345,255
...
total
units,
Izthe
3,873,500 square feet pf floor space in the three plants.
Feb,
$3,750,702
Air
new
a
located' in the Los Angeles plant,
be
fvill
djately gnd
income before pro v. for Fed.
inc. taxes and other deductions
of
\7%;:vv;//■%'/
^Leasing of the Downey plant gives the company adequate produc-.
tlon facilities-for itsneeds unjder its ©urrent backlog (of $260,550,358
In
■Operating Income
by J. L, Atwood, President.
~
i :
>
the lease arrangement for the entire plant, the
it will now transfer Its Aerophysics Department
the announcement said,
being negotiated
1,887,373
1,685,277
•
3
production
■Production
prop¬
1,685,277
reached
was
and 21 by wildcat strikes *u
55,477 turned out in ail of last year.—V.
production Is starting on the Air Force F-86 "over 650-mile-answeptback fighter, and at the Long Beach. Calif,, plant, which
on the Air Force's only operational four-jet bomber, ;
in
■
June
on
announced
the B-45,
1
erty, plant, and equipment
'Provision for taxes other than Fed.
j
Downey and start buildup for production "of a new type airplane. —
Operations will continue as usual At the Los Angeles, Calif.; plant
hour"
-
$26,119,727 $26,1*9,727 $22,406,711
12,093,695
16,478,801
16,478,801
1,609,421
*,911,475
1,911,475
Operating expenses •t.Jw.——"
Maintepance ,___,
Provision for retirements
1947
Actual
Production
completion of
company
where
Ended March 31—
Total operating revenues,.™
12 Months
Actual
arise
situations
out-of-line
no
has leased the complete aircraft plant facilities at
Field/Downey, Calif., under a three-year agreement; it was
.With
r
.
1948
r-r
Pro Forma
addition,
in
forced on May 20
Should exceed the April postwar peak."
r
J
April'and,
"
*
George T. Christopher^ President and General Manager
said, -"Our
schedules for, June call for production of 65 units per hour and, if
;
:
.
days-in
'This corporation
Vultee
announced
VeCab&output
1473.
p.
North American Aviation, Inc.—Leases Plant—
for the corresponding month a-
of 59,391,210 kwh,
.production
167,
22
successive stoppages
the plant of the company's body supplier.
36,074
of, 139,389,000 cu.
shove
purposes.—V.
corporate
Monday, June 21, 1948
with
Co.—Registers with SEC
company oh June 11
filed a registration statement with the
SEC covering'$55,000,600 40-year debentures, due July 15, 1988.
The >
names
of the underwriters
will
be determined
through competitive ■>
this Association reports electric output
-Qf 14,931,343 kwh.
This Is an increase of 1,345,190 kwh., or 9.90%
above production
of 13,586,153 kwh, for the corresponding week a
For the week ended June H,
Gas
FINANCIAL CHRONICLE
&
New Jersey Bell Telephone
:
Electric Association—Output—
■New England Gas &
VC&T
COMMERCIAL
THE
(2690)
aircraft
Paramount
-
continued.
Pictured, Inc.-^Plans to Reduce
Holdings—'
Capitali-
;
zation and Theatre
(
Balance
$3,405,448
$3,405,448
751,016
1,926,076
three-year lease agreement was made with the government
which owns approximately two-thirds of the plant and the Con soli-—
dated-Vultee Aircraft Co., San Diego, owner of the remaining portion.
The entire facilities include 961,000 square feet of floor space and "■
$4,370,876
690,087
—-—
The
New Eng. Gas & Elec. Assn. deducts.
$2,715,360
$2,654,431
$2,444,799
7 1,315,966
*,312,487
•
separate
return),
were
not filed
...
Balance
to
J
$1,341,944
$1,399,394
I
485,516
$686,348.
surplus
506,413-
7 7 •:*7'. y:X
.y, ;\:b>
$400,000,000—
of the Southern
(President
California
v:%
Edison
a
director of
(Chairman of the ,
Security-First Na¬
tional ..Bank ot Los Angeles), all of Los Angeles, Calif., have been *
elected directors.
This gives the company a nine*msn .board: reprec ;
senting the increased number/of
stockholders
resulting from the /
recent
sale
of General Motors'
stock interest In North American
Aviation.
'
*
^
3*9,312
-
—-r-'
Mullendore
C.
Committee
Executive
$1,400,900
$1,848,357
$1,884,910
Preferred dividend requirements a* 4'/a%—
■■'// '77;:
■'
Co.), Alden' G. Roach -(President and Treasurer
Consolidated Steel Corp.), and Chester A.
Rude
714,551
fr
Vice-President
And
and
the
of
Balance after preferred
dividend requirements
Earnings per; common
fSinking
'
Earnings Statistics—
After
.
$1.23
fund requirements $276,590 per annum.
It
Sinking Fund ;
Sinking Fund
share
$1,535,598
a-
Before.
Pro Forma
$101
.
'
!
;
deducted for
determination.
amortization
•,
...
of. debt
\
■
12 Months Ended March 31—
Pro Forma
Prov. for taxes other than
1047..
%
Actual
Total Income —$2,716,330
Expenses J.™™..:™™——....—
185,852
-
Actual
185,852
'
i
633
;
'V' '!*"•.'<
^
f '
,
»
*;
.
Incoipe before prov. for Fed.
*r-LUnc; taxes and other deductions
■Other deductions from income
Provision
basis
of
for Fed. income taxes
separate return)
■■
t
:■
,
'•
_
$2,529,845
$2,529,045
690,087
..
Gross
r:
99,804
-t
•:
-
railway
:
*
Net income if consolidated returns
v
not
were
filed
$1,736,480
Credit resulting from filing of con¬
solidated tax return——
—
Balance
to
$1,679,024
39,423 '
surplus,:
♦
; •
From Jan. 1—
from railway
$1,775,903
Pfd. dividend requirements at 4%%
if
from railway—
Net ry, oper, income—
$1,716,399
share
■'
;
-
per
annum.
«
'
*
t
1,24^,011 common shares.
'
^NpTE—'The pro* forma statement of income has been adjusted
5. 1%o
^ ^he -bgsis of parent company debt prior to
t h
$22,425,000 per annum with interest at the rate of
and
on
'
.
to
reflect
f'P:lyWl®n4$ from subsidiaries have
reduction
In
CONSOLIDATED EARNINGS
interest charges.-
A
2,150,340
-
1,321,539
456,507
.
,*605,91*
;;
*
1948
operation op;!Aug. T;
Ottawa Electric Ry. Co;—Calls
.
Serial Bonds—r
''
Otter Tail Power Co.—Stock Change Approved—
Federal
reclassify; its
issuing
two
increase
its
common
old
the
to
company
($10 ; par)
into $5 par each,
share.
The company proposes to*
Operating income ' _i—:'_1_—-'7.-1
income
income^ before other deductions
Other .deductions
from income of
subsidiaries
v
v/
Balance
England Gas
& Electric
Association
$3,491,630703,781'
.
—i
fiJS5fc lor
I000!?® b®fcre provision
i'rov.
Fed. inc.
taxes
1,
of
consolidated"^tax"returnI~^Z'
........
A
»
.
$1,469,843
The
Bankers
1948;—V.
of
p.
New York, N. Y., is prepared to accept'
stock.
The warrants expire on July 7,h
Co.,
common
^
2581.
I
Quarter Ended Mareli 31—
♦Net
V'
~ 1948 '
$*35,000
42,000
••
Income
Depreciation
EARNINGS OF CO.
Total
Income
ONLY
FOR
12
MONTHS
ENDED
per: »h«re
»nd
depletion--—-—'
__——;—
NeiJ"®®"1® before-other deductions
^Federal income
taxes
..
.
■
7711111111'
,'7,:^'
■■■■:
<s2 59nifiu
'703
'
<
(on basis of separate return)____
Net
Credit
income'-
l_
resulting from filing of consoMdated
Balance
to
surplus—~
-
-
•
'
'v
tax'returnllII
-W'V'; ":••••«'' *■'
«;;•*»
Preferred divideud
for
common
shares
(before
sinking
after
sinking fund
*01,945
$1,714,442
"•
37,355
$1,751,797
per
common
share before
requirements.—V.
167,
-
"
-
^
-7
$1,402,485
—
$112
78?
349,312
^'♦Balance avadaWe
fMnd
1948
194,'924
and provision for
Other deductions from income
Prov. for Fed. inc. taxes
30,
$2 715 099
________
Expenses and taxes other than Federal
income-taxes
.
p.
and 90
2581.
Net profit————
Earnings per sbarer—-rT----T-—-.
,;t.
APRIL
cents
per
share
the
to
case
the Jower
Federal
Court
77:'/-b-b .777 %V:;,;777
for
*
*
outstanding first, mortgage
called for redemption
"
J
^
;
gold
6%
been
7;.
1941
$4,000
8,000
.
.
1946
■
■
.
.
,$2,000
8,000
7':
' :$6,000
Nil ,77
t$4,ooo
$93,000
$0.09
Income and
.7; l■/
"After faxes and other charges but excluding items pf
relating to war loss recoveries,
fNet loss. v
expense
Tin sales - made -by the corporation and 4ts-subsidiaries, in the first
quarter of 1943 and in the corresponding period of 1947 were as
follows:' 7..7" :
;..:7.\;_' 7"
/■'
•• /•''■■■•.
■'
7
' ■'
7;
* 77/ -"' 1948
7/: 1947
Pounds of metallic tin-sold—__—_¥——J—
* ' 253,550* - W 67,959
.
Average pjice received per pound
of .tin—_ .7
89.6 cents
The costs of repairing war damage in- the first
totaled $34,500 and were charged fo thP reserves
purpose in *046.
-,,-.7v'
-.7'*. 7 7 ' f
quarter
.
,
Profits
fpr
the
first
quarter
of
1948
are
306,000 pounds of tin were added to the
during fhe quarterly. 167, p. 1367.
\
set
'
up
of
1948
for
this
,777/"77.
.
below
metal
66.2 cents
normal
inventory
7,7
officers of .the Empire Steel Corp., headed by
Montgomery; Jr., of Mansfield; O.,* and Samuel "E. Magid,
York,
Cprp,
June
on
and
Birdsboro,
tl>e
15
the
announced
Jeasirjg
Pa.
the
of
formation
Naval
of
Industrial
the
PennrOhio
Reserve
v-;-v
Plant:
W
J':
Mr.
Thompson
&
Co.,
New
York
investment firm.
..Other officers ;of the new company include: William Lake,' Vicfc^
President in charge of production, and Roy I. Mitchell, Vice-President
and
Comptroller.
Both held similar positions with Empire - Steel.*
.
G.
J.
Baker,
President of General Steel Corp., will be Chairman of'
committee., ' \
',;::.:777:r/'',;;,'7;,
Montgomery said that Penn-Ohio Steel is-expected to be'in:
production of steel ingots within the next 30 days. . -Negotiations are
the
executive
Mr.
under
the7acquisition
added. 1
for
way
finishing facilities,.he
■
Net
from
Net
ry.
.
additional
'
i
.
steel
-
■.
producing
and
,
.
.
railway____
oper.
from
flet from
Net
ry.
-!
*125,246
income
s
.,::*)777; 7
=-7
3,118,388
railway.—.•
railway—
oper.
*659,137
*1,544,683
income—
•Deficit.—V.
.
*353,535
7
•
$766,247 - .$775,475 7
*78,072
*27664
*298,431 ,7 *212,592
$803,225
/
railway
From Jan. 1—
Gross
accounts
of
,
Pennsylvania-Reading Seashore Lines-^-EarningSr^ :7 ^
77:: .1948 '
' 1947
*
1946
1945' ;:-
V ApriL—r
Gross from
because
7
-
.
,
former
of
Montgomery, formerly Chairman of the board and President
of the Empire Steel Dorp.; which was sold recently to the Studebaken
Corp., is President qf the new company.
Mr. Magid, formerly Chair**man
of Empire Steel's executive committee, has been elected Chair^
man
of the board of Penn-Ohio Steel.
He also is Vice-President 'faf
-
.i
"-06
New
Hill;
349,312
•
-
I Pacific Tin Consolidated Corp. (& Snbs.)-r-Earnings—
$1,951,860
%_IZII —ZZ2IZ—"CI
Trust
for
167,
482,01?
!
'
;
.
the
group
Steel
.
Pacific Telephone & Telegraph Co.—Subscription Agt,
1,318,006
_
of
Joseph "B.
at
Balance
tp surplus
Preferred dividend
requirements at 4Vz
equipment.—V. 164, p. 12.
subscriptions
.
%
the
film *
added.
he
Penn-Ohio Steel Corp.—Formed—
10.filed a letter of notification with the SEC
4Vz% equipment trust certificates, series A, dated Julyand due July 1, 1951, . Underwriters, Gearhart & Co., Inc./
Paul D. Sheeline & Co.
Proceeds Will be used for %he purchase
$300,000
1948,
i
$2,787,849
(separate company return basis)
-
foundatiops
bonds, due Jan. 1,
on
July l/ pext, at 105 and
interest. Payment will be made at The First National Bank of York,
Pa., successor trustee.—V. 161, p. 2560,
*'
.
for Federal income taxes.—'
Net income '
__L_—''7';
Credit resulting from
filing of
_
for
;•
and
-
deductions—_____
r
in
also
Penn Dairies, Inc.—Calls 6% Bonds—
The company on June
329,416
'
the
public,:/
for
the
Pacific Telecoin Corp.—Files with SEC—
141,484'
$3,821,046'
& Fed. income taxes
the
to
open
anticipated
decline
as
Meanwhile^, a! Federal
1949,-have
$3,679,562
_¥~_"Z*"*"*""""*"""-
now
up
totaling
year,
All
common
„
Other
are
cushion
"
shares from 240,000 (par
$10). to 750,000 with, (par $5).,. The P, S, Commission of North
Dakota has approved the plan.—V. 167, p. 1812.
;r
of
number
to
;anti-*rust qase,
■
«, 71
I The rehearing scheduled to begin
Oct. 13 will consider questions
dealing with monopoly and conspiracy practices allegedly involved in
motion picture thea.ter, ownership and distribution.—V. *67, p. 2473.,
shares
shares for each
authorized
authorized
has
Power 'Commission
179,255
new
serve
goyernment
"
The
15 107 547
Balaban
,
-/,,
expediting court in New York, which will
rehear the qese Oct. 13, ruled agginst the government on Tuesday*
concerning possible sale "or purchase of theaters before a final court
ruling on theater ownership, i
7' '
7 (7
The Court" denied
a
government application for an injunction to
restrain a gropp. of ^major motion picture -exhibiting companies from ~
acquiring or selling theater equities pending' final ruling in its
j
.
it: "will
1948,
011 May 2, remanded
rehearing.':., ,:- i'/::;;:/: ,..:y
I
■
of
which.
,
1
$26 479 415
below)—-——
full
variety of diversions which
theater business holds
domestic
half
.
-
! All of the outstanding 2%%
first mortgage - serial bonds .maturing/
serially'April 1, 1949 to, 1957, incclusive, have been called for redemp¬
tion on Aug, 12, 1948 at 101 .and interest.
Payment will be made atthe
Bank
df
Montreal
in
Ottawa,
Montreal- or Toronto, Canada.':
—V. 165, p; 3172. -
not been ad-;
Total
in
the balance.
' ,
.V
quarter^ Mr. Balaban5 djfeexperiencing, the same seasonal decline
in 1947.* It is more intense and appears to be more
year, he explained, adding that perhaps this is dUe
is
company
•
140,252,
new
be
amounts of ownership fn
operations for the second
disclosed-that stock purchased by the company*
166,000 common shares, ^probably would be retired
if ;it is not used to;
acquire new fixed assets such as television statjons. *•
7,
;
/x ? / '..'-7',7 77 —
Although he did. not give the valuation of-the company's theater
holdings^ Mr1, Balaban said they are carried on the-books at, levels:
greatly depreciated from those of 1933.
Of the $67,000,000 of fixed ?
assets on the " Jap. 3, 1948, balance sheet, • about $55,000,000 repre¬
sented
theater
holdings,:./he said, ? In addition, the company has
$12,000,000
invested
in
affiliated
companies which includes Para.mount'sV investments
in
theaters
not
wholly owneh.
Mr.
Balaban ^
also noted that there, are no mortgages on any of the
company*is
theaters.""77-777777/77v ■r'.;/'1:v.7:7%7'7"77,;7 :.'i'7.:7::77r77:- 7 r:'b:
A U. S. District Court in New York on Dec!
31, 1946, rpled that
the Sherman
Anti-Trust Act was violated by' motion
picture com* 3
panics
owning theaters, Jointly, .and
with independent exhibitors,
through stock ownership in theaters.
'' 7;:',..;-:;,.;.:.:y7;7v>7*
v-The District Court's ruling were appealed to the Supreme ,Court /
337,717.
■
■
Mr.
•
2,006,7463
*405,0&3
177,878
295,317
this
wider
the
this
of the Racine branch, now somewhat over '$500,000 'a : y.e&f,' ;
)w
sc
expected to be more than $750
),OO0.—V. 166,Jp. 2422.
";■«> M
are
/
FOR 12 MONTHS ENDEP APRIL
30,
operating revenues
Operating expenses (other than items shown
*17JB41-
:■■
.
Sales
;
consolidated return credit corresponding
reduction in parent
company
31,069
*79,311
.
reduced
earnings and will enable us to -strengthen further
for profitable operations in production-rdistribution.?'
$140,000 buijding to house the company's expanded Racine
now in the process of construction on a plot of land 63,000,
feet, purchased by the company.
The new building will have ,
a capacity
for 30 delivery trucks,
7 >- -. ■ ^
j
The project is being pushed so that it can be completed in three
months from the time ground was broken op April 29* \7
kM* ('r&t
Steel construction started May 28 and it is expected the new
to re-,
Janu2%% t
t
to
"39,783
45,759
118,829
v
?795
*-37,668
A
1945
$439,777;
squafe
will
j
Federal income taxes computed on the basis of such
adjusted fixed
charges,
Amount deducted fpr amortization of debt
expense is subject;
justed
1946
$345,683
on
the
occurred
prolonged
Omar, Inc.~To Incrssse Facilities
•
After
Sinking FundSinking Fund
>■■■/' $1,14
$0.92
Sinking fund requirements $276,500
/*?Asdd
f
•
various
that
which
branch is
Before
common
•
7 $753,615
has
Reporting
closed
second
$529,924
2,435,402
.
^Deficit.—v; 167, p. 2033,
-
'.15,870
;
$1,426,591
Earning Statistics—
♦Earnings per
j,"*. ;
349,312'
/Balance after pfd.' divid. require.
Pro Forma
1
$737,746
37,375
-
-t:.
1947
*
73,994
,
Net
-
1948
$599,478
Gross
38,352,
;
•/ r'
railway
■y.lJ«t;_4'y.i;Vopejr,/ lhconiei.i:
1,926,076
(on
103,277 7
from
Net
$2,702,175"
751,016
>
from
changes, MM;
b«, but he ■
would
will -be
)
to'the
April—1
:■
in' those
outcome
interests
*
If
:
the
what
theater
with-a
and
Earnings-
634'
f
involved
be
know
not
court acticn might require it to sell, Mr. Balaban stated.
The com- pany operates 1,500 houses throughout the country,
making it the.:
largest theater chain in the United States.
It wholly owns about 500-;
(pel,)—Weekly Output— :
Northwesterri Pacific RR.
did
asserted.7...>;• ■ i >
y./v;';77.. '■-Cb,,7■'■7 "'■■■■
The
corporation would dispose of only those theaters which future ;
1
*
Paramount' will
he
he
*
•
Net
work in the
167, p. 2471,
that
said
that ^Paramount's
corresponding cut in jts Ultimate earning power.
"If assets and
earning power are to be reduced, it is prudent for us to take steps
tq compensate for that reduction by shrinking our capital structure,"
* —'
1 ; ;
.
output of this company for the week ended June 12, 1048, >
totaled 59,394,000 kwh., as compared with
52,710,000 kwh.) for the;
corresponding week last year, an increase of 12.7%,—V„ 167, P. 2581,.
$2,835,264
132,455,!
.$2,71,6,330
633
Stating
Balaban
believed
announced by the ?•
raised North Amer,- ;
North'American also is conducting v
field of guided missiles for —
plane.
type
development
services.—V
Northern State$ Rower Co.
'
Fed. inc.
orders
new
Electric
-—1048—
v
a 'new
and
the armed
-
'■
and
research
OF INCOME (Parent Company-Only)
■
that
11
The company now holds contracts for production of the Fr86 "over\
an
hour" Jet-fighter; the B-45 four-jet bomber, the T-26
v-
....
.
^ r, STATEMENT
June
on
650-mlles
trainer
'
^
stated
subject to final.*
Is
expense
also
was
Air Force under its current procurement program
lean's backlog to approximately $490,909,00)?.
''7"7.71
NOTE—The pro forma statement of income has been adjusted to re¬
flect parent company fixed qharges on the basis of debt prior to Janu- >
nvy, 1948, of $22,425,000 per annum at 2%% Interest rate and Federal
Income taxes computed on the "basis of such adjusted fixed charges.
Amount
the
necessary
pointed out. with instructions to hold further proceedings to determine*
the validity of the ownership and operations of theaters by Pro¬
ducers. ; :v 7"':7 '/:■/.': ■:- ■ "7
.
•
be
.
con¬
■ >
airport.
Three New Directors—Has Backlog of
William
__™T
will
,
160-acre
a'
,Net income if consolidated returns
Oredlt resulting from filing of
solidated tax return—
President, at the annual meeting held on June 15, *
company plans
to shrink its eapital structure,; s
in view of an anticipated reduction in assets and earning
power
as
a
result of a recent decision of the U. S, 7
Supreme Court in an anti-trust suit against motion-picture property';
holdings, said .Mr. Balaban, who added:
:
*
: r
•
■■
7 *" r. *.
"Without regard
to the specific application to Paramount's struture-of-the standards the Supreme Court has laid down, I am certain
that the decision ■ in our case,
taken together
with the decisions ?
rendered cn the same day by the Court in two other cases involving *
theater
circuits,; will force transformations
within
the
industry." The Supreme Court has remanded the suit to trial
court, Mr.* Balaban'?*
tlrat
announced
1'jhis
1,758,451
Net inc. before Fed. income taxes
Prov. for Fed, income taxes (on basis
'Of
Barney Balaban,
■
167,*
p.
$904,678
158,935
*70,000
7'
2,893,117
*527,098"
2,690.662
3,233,393
*500,404
♦1,363,772*
*1,196,885
22465^
♦620,043
2034.:
7%
7)
Philadelphia Electric Co.—Weekly Output-^Packard Motor Car
7" The
company produced
Co.—May Production—
8,868
units
April's postwar production high of
May's total reflected
a
in May—just
9',269."
-•
401
..
shorter working month of 20
7
units short
of
7 :.',7-
days compared
•
The
electric
output
Week ended June
ef -7.730600
V.
167,
p.
kwh.,
2582.
*2,
or
.
of
this
company
and
its
subsidiaries
for
tbd
1948, amounted to 137,221,000 kwh., an increase
6%; over the corresponding week of last year.—•
' ;
V-'7:-.
'7-'
'
Number 4709
Volume 167
THE
;
;—-
—
Operating income -s,
Non-operating income,
Gross Income
Rental
-
Provision
for
$409,345
$522,004
%
835,126
lines
$1,197,403
(net)™...
income
Gross
$572,870
$805,114
.
.™„
™„
7,215,037
•.1.632:
.
(net).
874
,
$574,502
™_™™
™
Interest and other deductions
0175,000.
$8,020,151
Profit
$805,988
434,128
419,134
$140,374
~
—V.
_™™—:—
$386,854
$533,082 l,
period™.
—V. 167, p.
$234,429
ProV. for
Electric output of the operating companies served"by this corporation
ended June 12, 1948, -totaled; 254/045,000 -kwh./ as compaced with *218,455,000 kwh. for the corresponding-week last year, an
increase of 1631%.—V. 167, p. 2582.
'
.
■
•'
.
-.
Fitney-Bowes, Inc. (& Wholly-Owned =Subs.)—Earns.
'
3Months Ended March 31—
Net
Cost
'
1948
sales, rental income, etc
of
product
sold
and
for
expenses
•1947
$3,208,017
$3,379,170
—
to
borrow
-
servicing and general administration
2,466,809
:
from
operations......
$0,706
$522,771
-.™.
$615,912
'244,871
;
"
Net income
210,477
$312,294
operating income
Non-operating inc. (net)
Net
$593,700
Gross income
(Including Wholly-Owned Subsidiaries)
';
——
Dr 4,527
$754,777
JDr3,324
$2,150,456
Brl.285
$751,453
$2,149,171
March
shares
of
summated
_
31
private
a
sale
4(4 %
to
institution
an
119,826
526,968
&50 par value
convertible
atthe price of $50 per share,
Frederick F. Lovejoy, Jr.
was
preferred
stock
was
;
$631,627
$1,622,203
$2,156,667
85,340
342,040
379,095
$344,593
$546,287
$0.49
$0.78
.
Three Months Ended March 31
Sales and operating revenues....
share
com.
on
698,695 shares.—V. 167, p. 2035.
provements.—V. 167, p. 2582.
con¬
Cost
of
Provision
for
$1,280,163
$1.83
,
,
had
16,761,568
1,495,241
1,210,024
6,280
expenses
7,816
Property, franchise and, other taxes.........
184,441 :
152,967
128,400:
Other 'income
$2,508,633
Interest paid; less interest-earned™.......™..
Depreciation,, depletion- and - amortizations^..
153,136
Net income bcf. prov. for minority stkhldrs..
Provision for minority stockholders; .
Divs; accrued on
of
net
Net
Of
Income.- for
the
-
250,355
$1,250,244
Gross.'
Other
the rate
-
Plywood, Inc.—Financial Statement—George H. Bechhold, President, in the company's initial annual report,
which covers operations from the company's inception on
June 1, 1947 to the end of its fiscal year—Jan. 31, 1948,
Net earnings after taxes for the final quarter of the fisccal year
Just closed amounted to approximately $138,000, equivalent to 27 cents
jper share of common stock,
comparable results ; are, indicated for
operations thus far in the current fiscal year.
In August, 1947,
and $500,000
through public sale of 200,000 shares of common
of 20-year 5% debentures, the company provided
funds for the purchase of Kalpinc Plywood Co., and for the retire*
xnent of existing bank indebtedness.
.
MONTHS ENDED JAN.
Net sales
of
Gelling, general
Interest
than
properties
depreciation).
j.
.....
administrative expenses..™....,..™
and
expense
income
and State taxes
of: Kalpine
.consummation
of
Plywood
purchase.
Co.
l—i-i.
Net Income,
Earnings
1948-
per common
for
....
on
period
...
1,832,924
48,720
262,752
:..^v
...
Provision for estimated Federal
Net
31,
...
■
income
prior
17,150''
195,000
to
/
$0.48
CONSOLIDATED BALANCE SHEET, JAN. 31„ 1948
ASSET'S—Cash, $385,313; trade, accounts receivable, less reserve of
*4 ,381, $258,833; employees and miscellaneous accounts receivable,
inventories, at approximately the lower of cost or market,
$735,337; prepaid insurance and other expenses, $25,321; land, build¬
ings, machinery, equipment, etc. (after reserves for depreciation of
$187,988), $469,044; discount and expenses in connection with .sale of
5%
sinking fund
debentures
(less
amortization),
$73,505;
total,
$1,953,327.
INABILITIES—>-Notes payable to bank,
miscellaneous
with
accrued
detachable
notes
payable,
expenses
common
(other
stock
$15,612;
than
purchase
accounts payable
taxes on income),
warrants,
$500,000;
reserve
lor tax contingencies, $15,723; common stock of $1 par value, $500,000;
capital surplus, $171,601; earned surplus
ended Jan, 31, 1948),
(net income for eight months
$243,289; total, $1,953,327,—V. 167,
p. 1926.
163,
*
were
$0.59
2.45%
$0.30
■" 1
greater than
3291.
p.
$8,626,960
6,094,679
1,015,881
:™—
depletion——
tax
$1,784,644
$1,864,155
427,044
37,000
509,000
,
429,030
46,500
tax™—.
income
$1,962,626
98,755
—
—
622,000
$1,516,399
44,597
70,510
•After.providing $118,000 for contingencies.—V; 167,
4Months Ended.March 31-r
$963,851
$890,954
$612,120
$1.04
$0.96
$0.66
/
^
1155.
p.
...
.
1947
$631,515
17,681
3,966
.
1948
$831,649
Net
/ 41,162
$13,715
$24,997
;
profit before Federal 'taxes™™™™.
Provision
for Federal taxes
profit
;
™™r
—™™r
^
BALANCE SHEET AS OF MARCH 31;
$115,883;
and
accounts
notes
1948
'
16,165
^
"
$187,482;
receivable,
Inventories, $298,506; plant and equipment, $534,046; prepaid expenses,
$21,372; deferred assets, $26,561; good will, $1; total, $1,183,851.
,
_
LIABILITIES—Accounts and notes payable/ $97,217; mortgage
(short
liabilities, $10,097; mortgage (long term).
$246,386; common stock, $201,041; capital surplus; $326,606; earned
surplus, $141,163; total, $1,183,851.—V. 167, p. 1475.
$70,341;
accrued
Rutland RR.—Earnings—
503,116
934
$7,623,832
226,739
$0.57
«Rudy Furnace Co., Dowagiac, Mich.—-Earnings—
April—
.
156
$13,993,505 $12,204,144
1,307,498* •1,077,163
$3.29
$2.71
profit after charges and taxes
Earned per common share
$1,560,997
30,075
414,750
1946
1947
1948
sales
ASSETS—Cash,
1946
Net from
"■
1946
1945
$415,736
$429,683
27.875
1948
Gross from
1947
$510,549
5,222
$512,860
25,181
•22,870
1,992.601
1,889,765
1,663.119
1,558.372
*126.941.
*25,454
•90.961
*349,048
*164,713
railway.™.
61»449
railway...
oper.
Prom Jan.
Gross from
Net
from
Income—
1—
•
-
4,682
*35,492^^^2j848
"
:
■
railway™™
railway..™.
.126.27$:
Net ry. oper. income™;
•Deficit.—V, 167, p. 2137.
for permission to borrow $400,000 from the Bank of Man*
Co.
The borrowings will be evidenced by a 2 XU %
promissory
maturing Jan, 22, 1949, and proceeds will be used to pay off a
note of like amount now held by Bank of Manhattan.—V. 167, p. 2473.
the SEC
*-
*82,051
'
•
*209,284
Saguenay Power Co., Ltd. (& Subs.)—Earnings—
hattan
(Not Including Saguenay Electric CO.)
note
RCA Communications,
Inc.—Opens Radiophoto Serv¬
ice to Wellington, New Zealand—
The corporation on June 3 announced the opening of a direct radiophoto circuit between San Francisco and • Wellington, New Zealand.
This new circuit, operated in association with
the New Zealand
Telegraph. Administration, further extends the service made available
by RCA for the transmission of* newsphotos and other graphic infor¬
1948
1947
1946
3 Months Ended March 31—
Operating revenue
—™
Operating expenses
Education tax (Province of Quebec)
$1,870,910
664,500
99,290
(excluding Income and
excess
profits taxes t—._™.j.—i
Provision for depreciation—.—...
66,209
47,166
175,557
183,765
$865,354
$909,624
28,404
$914,129
31,259
$896,613
$938,028
$946,551
77.870
195,000
199,500
329,813
43,768
289,376
212,234
—
Other taxes
Net
Other
.
,
$1,821,198
$1,815,654
574,699
656,765
105,944
,
operating income.—
—
Income —/a,™.™..™.™.™.,
60,652
184,108
32,422
mation.
is offered
Similar service
from New York to Great
Britain, France,
Switzerland, Denmark, Sweden, Italy, U.S.S.R., Austria, Egypt, India,
Ceylon, Union of South Africa, Bermuda and Argentina, and from/
to Hawaii, Australia, and Korea.—V. 167, p. 2260.
San Francisco
:
Total
income
.Exchange.
Interest
Debt
>
Railway & Light Securities Co.—Asset ValuesBased
upon
reports; net
market
asset
quotations as of May .28, 1948, this company ;
of its outstanding securities as follows;
Per common share™
Net
cumulative convertible preferred share, $50 pari-Per collateral trust 3(4% bond™—.
—
:
that
same
ers
;
second-quarter sales and earnings are continuing at
as
in the first quarter of the year which, as
level
indicated at the annual meeting in April, makes it probable that
creased dividend declarations may* be expected late this year.The directors have declared
of
25
cents
a
In¬
*
regular dividend for the third quarter
share on the common stock, payable Aug. 16, to
holders of record July 30.
A like amount was paid on Feb, 16 and
May 14, last; while in 1947 only one payment of 50 cents was
paid on Oct. 15.—V. 167, p. 2364.
per
Reading Co.—Equipment Trust Certificates Authorized
ICC on May 28 authorized the company to assume obligation
and liability, as guarantor, in respect of not exceeding $4,800,000 Of
equipment-trust certificates, series O, to be issued by the Pennsylvania
Co. for Banking & Trusts, as trustee, and sold at 99.19 and dividends
In connection with the procurement of certain equipment.—V.
167,
p. 2364.
The
;
(
48,045
$405,384
53,000
$262,549
210,000
210,000
210,000
$392,063 '
;—....
dividends
....—-—
53,000
*
.
2,660.34
Bartsch, President, on June 8, stated that the company's
long-term debt was reduced on May 31 by payments of
principal in the amount of $1,250,000.
the
265,782
—V. 167, p. 50.'
million
added
16,040
™_,
51,165
income
Preferred
Common dividends
Edward
He
financing expenses
income taxes.—.:——
St. Charles Hotel Co.,
Rayonier, Inc.—Long-Term Debt Reduced—
about
for
_
431768
of
162.84
Per 4%
...........
funded debt.^.-.--
$28.21
—;-.™_
—.
•
;
...
oh
Provision
coverage
:
premium
Amortization
$170,000;
equipment purchase
(trade),
$40,974;
Federal and State taxes on income (estimated), $210,306; due to part¬
ners of predecessor businesses,
$28,000; 5% sinking fund debentures,
and
and
Queens Borough Gas & Electric Co.—To Borrow—
a subsidiary of Long Island Lighting Co., has asked
$243,289
share..
$1.90
Net
—V. 167, p. 2364.
S5,975;
$57,823;
$1,25
The company,
$20
!
Net
38,212
;_™..
...
$69,146
Quarters Ended March 31—
'
Net ry.
$2,638,046
Of goods -sold Mother
Depreciation
Income
Net profit •
'
Earnings per share™
—V. 167, P. 946,
stock
FOR 8
$113,259
,
company on June 8 filed a better of notification with the SEC
2,000 shares of common stock (no par), to be offered at $13.50
Net
Minority int. in inc. of subsid, co.
" W-'-
•
For the eight months period ending Jan.
31, 1948, net sales amounted
to. $2,638,046.
Net earnings after taxes were $243,289, equivalent to
approximately 48 cents per share of common stock.
Cost
other charges
$2,061,381
'
»_r—.1*
income
Federal
per
125,000
$308,444
■
■
first quarter of 1947.
'
of $2.75
CONSOLIDATED EARNINGS
.
$712,867
774,576
$0.92
31-j-
*
Depreciation .and
■
$100 principal amount of 20-year
■$%% cumulative income debentures, due Jan. 1, 1964, -will be paid
on-July 1, 1948, and on Jan. 1* 1949, upon presentation, and surrender
-of.Coupon No. 9 and Coupon No. 10 on and after the dates due at
the Guaranty Trust Co. of New York, 140 Broadway, New York, N. Y.
—V. 167, p. 2582. "
■>- ■■ *■>■>'. ./, /
■
•
said in part:
profit
income
Total
$2.13
'
155,500
1945
$222,436
28,290
17,325
and
term),
■
$1.44
228,000
1946
$286,084
,
(The) Ruberoid Co.—Earnings-
Apr. 21, '45
$930,672
793,026
$1.17
1948 .
1947 «
•Net sales, exel. of inter-co. sales—u- $13,216,947 $10,131,152
Cost of sales ( excl. of depr. & depl.)
10,142,873
7,269,239
Selling, admin. & general exps—1,111,448
1,077,268
State
at
152,000
——
Quaker.State Oil Refining Corp. (& Subs.)—Earnings
366,535
/Earnings, pershare™......™....
Interest
$960,909
805,045
$1.19
depreciation; Federal taxes, all
interest,
Quarter Ended March
common
periods....™.
Interest Payments— ;
$1,099,346
5 805,045
$1.37
3,780
subsidiaries..^............
21,600
$211,653
taxes
•4V1'.1
$1,620,559
3,326
1947
$558,044
per, share.
Underwriter, Lee Higginson Corp*
Proceeds will be used
to reimburse the corporation for cost of shares purchased from an
*
140,160
$849,582
applicable to
•After
286,777
$1,103,263
1245.
143, p.
Rock of Ages Corp., Burlington, Vt.—Files with SEC—
deduction for minority interest.—V. 467, p. 1849.
855,877
pref. stk. of subsidiaries.-.
income
stockholders
Apr. 17, '48 Apr. 19, '47 Apr. 20, '46
—
profit
shs: outstdg,Earnings per share™™
319,618
483,739
*
$555,009
was
The
for
.
was
16 Weeks End
$2,903,373
768,495
■
Provision for Federal and State income taxes..
Portion
.182,980,
....
™__™_—
adjustments
to $6,010,101 on March
31, 1948, including
government securities in the amount of $1,216,198. Current
liabilities on March 31, 1948, including provision for Federal and othei
taxes, amounted to $1,611,930, a ratio of 3,73 to 1.—V. 166, p. 1895.
the
•Net
$2,325,653< $2,583,755
....
Total income
9
June
Common
Operating profit before depreciation, etc.....
$0.73
Current assets amounted
cash
/
Purity Bakeries Corp. (& Subs.) —Earnings—
167,420
Federal and State payroll taxes__._._...„_
-
such
Shipments during the first quarter of 1948
$1,777,572
$2.54
;
directors declared a cash dividend of $1 per share
stock, payable June 30 to holders of record June 21.
paid on March 31, last.
The company on July 15 will split up the present no par common
stock by issuing to common stockholders of record July 1, 1948 one
additional share for each share held. See V. 167, p, 2260.
-1947
23,289,367
administrative
debts....^-....,
:
23,175
Earnings per share on
149,000 common shrs.
the common
like amount
A
,4... $27,455,485 $20,857,446
_™
sales...*.
Selling, general and
$0;07
Paget Sound Pulp & Timber Co.—$1 Dividend—
.
1948
'
1948
Net income
names
On
Earnings—
1945
:
'
Federal and State fran-
company on June 11 filed a registration statement with the
covering 200,000 shares ($100 par) cumulative preferred stock.
of the underwriters will be determined through competi¬
tive bidding.
Proceeds will be used for property additions and im-'
on
(& Subs.):
M046' '
$3,987,000 $27,848^OC
t93,991
•561,20r
800,000
74iM8<
$386,828
profit
Depreciation
The
director to succeed
a
before
Ulen Realization Corp.'below,—-V.
Quarter End. Mar. 31—
Net
SEC
The
Xeroy U. Jerman, resigned.—V. 167, p. 2260.
Pittston Co.
loss
existing stockholder.—V,
recently elected
-Earnings—
Ritter Co., Inc.—Earnings—
599,818
$430,278
85,680
...
per
•Based
10,000 Additional
of
$82*319
-ciimstiUaiiire'''-eonvmrtibiw''-- pVeferredi stock
1948'
•
credit the
those of the
Balance
•Earned
Places Preferred Stock Privately—New Director—
On
1
"$1.37-;-r:"' f $0.25'"*
Rio Grande Water Power Co.—SoldSee
992,236
™™..™;;:™._™' $1,402,774
$310,479
- $0.38 *—*
r
J
"carry hack"
Public Service Electric & Gas Co.—^Registers with SEC
Net income;
$101,446
$315,502
;——
dividends;;oa. 5%%:
$2,756,485
158,835
.—
'
■;
64,459
.149,163.
due principally to tfoe steel strike,—V; 167; p. 1850. /
$2,743,141
13,344
deducts.
Net income
Pfd, div. requirsments™,
$2,395,010
•„
68,890
11,106
•After provision for normal Federal Income tax and after excess
profits tax.
tAfter giving effect to income and excess profits tax
$589,173
other
and
Int.
rental income, etc..
^
$14,437,044
Cost of product sold and expenses for
selling, servicing and
general administration
....™:._™_.i
10,465,175
Provision for depreciation and. amortization...........
*" : 859,432
Expenditures for development and research.
i
320,095
Wage and salary dividends..—..
397,332
operations
59,213
^
" T947 *'
$14,090,000 $15,570,000
Net profit after taxes.
730,737
1,312,609
Common shares
1,000,600 f 1,000,000
Earnings per cbm. shr.
r
$0.70
$1.2$
chise
Net sales,
from
73,644
17,166
6,948
19,200;
—v
3 Mos. End. March 31—'
CONSOLIDATED INCOME ACCOUNT FOR 12 MOS, ENDED APRIL 30
Profit
;
Rheom MaBafActoring Co. {& Sabs.)
,
,.
basis of proration of annual provision.
Provision for Federal, State and
foreign taxes on income..
profit
Net' sales
the
on
$173,129
tIncludes net gain on sales of capital assets; $430,241; other.,
income, $7,090;. total, $437,304; less other*deductions, '$33,0551 balance,
$414,250
*4149R0~V.';167, P. 2297. V,;. Vv,; v
;■
™.
$371,041
The income tax provision is restated
$524,101
Steam
♦Restated to ekclude fiscal year-end adjustments and other items not
applicable to the period.
$181,441:
series A,
more
...
Profit
Frov. for Fed,, State and.foreign taxes on inc.
$393,915
—.——
,
75,609
03,987
or
Feriod End. March 31—
*948—3 Mos.—1047
1948—12 Mos.- -1947
Operating revenues.
$3,3861,724 $2,938,650 $12,334,944 $11, 102,704
generation and
purchased power
,780,657
959,308
3,384,822
417,201
Other operations
830,543
.749,669
,683,068
3,090,091
Maintenance
J 96,139
643,694
150,318
773,585
Provision for deprec.™.
288,301
934,683
242,009
1,001,076
.Federal income taxes...
176,500
305,000
504,400
,041,100
Other taxes ^—...™™
,271,361
362,244
319,676
1,430,514
134,610
73,440
one
COMPARATIVE .STATEMENT OF EARNINGS
2,301,180
222,663
.
from
necessary.
selling,
Provision for depreciation and amortization.—
Expenditures for development and researchWage and salary dividends—
..
$186,181
depl., depr. &
•After
:
The SEC has 'given' the company
posal
lor the week
$109,851
t414,250
•Earns.,per com.' share,
permission- to - withdraw its probanks* from time to - time; -a:*
maximunr
amount
of. $5,210,429
(including $2,720,000 outstanding ,
notes- as- of April 7, '>■ 1948)and to --issue <or* renew,- froBr^ timerto- time,,
in ^evidence-"thereof its ifwpBUssojysv notes' with:; a maturity: of- nine
months or less, untft -the «qaapany shall - have ^received the proceeds ?■.
from the propesed sale of 139,739 shares of common stock.
The company, in -suppaart 'ef dtsrequest.statedthat it has now
received the /proceeds frtnn Jthe - issue and sale of 139,739 shares, of
common stock, «and
the-proposed borrowings have become un¬
,
Output—-'
IMS '
$282,242
116,060
116,587
167, p. 2137.
Permission, toIssueNotes—Sells 139,739 Shares Common
>
1946
$226,438
$186,762
J0r5;32l
Taxes™i.™;„_.._i.™
Public Service Cik ol New Hampshire—-Withdraws *
•;.*
2035.
Pioneer Service&~Engineeri»g Co.—Weekly
income
1947
$405,343
Drills
;—
....
Total
Net
Lossfor
..
1948 *
$565,629 .' $312,558
- 160,286
■11»125,797
Other income (net)--—
amortization
Net income
:
Operating revenue
Oper, 8c gen. expenses;
76,359
643,098
Cr450,000
taxes.
operating revenues..,
Other income
887,375
21,642
648,318
__
debt
income
Net.
35,999
,■
$9(526,065
8,953,195
™,
1}
''Cdr(#BuIi«.)—Eaming$^:,tw"^;^
Republic Petroleum
3 Mos. End. Mar. 31—
1947
1948
.
Operating revenues
Operating revenue deductions..
$1,161,404
.112,659
...
™...
deductions
funded
On
12 Months Ended March 31-
1948
,1947
$15,993,077 $15,180,890
—™———15,583,732
14,019,486
:
—
of leased
Miscellaneous
Interest
taxesi™
(2691)
Portland Gas & Coke Co.—Earnings^:
(& Subs.) —Earnings
Philadelphia Transportation Co.
3 Months Ended March 31—
Operating; revenues ■
Operating expenses and
COMMERCIAL & FINANCIAL CHRONICLE
Atlantic City, N. J.—Bondhold-
Receive 60 Cents on the Dollar—
In accordance with a Court order, the
first mortgage bonds are being
redeemed at the rate-of 60 cents on the dollar with no
interest.
Pay¬
ment is being made at the office of Vincent L. Gallaher, substitute
Indenture trustee for the first mortgage bondholders, at 309 Market
Street, Camden, N. J.—V. 162, p, 500.
*
St. Lawrence Corp.,
Ltd.
—
To Vote on New Plan—
Earnings Sharply Up—
and its subsidiary, St. Lawrence Paper Mills
Co., Ltd., on June 15 mailed new recapitalization plans to stock¬
holders.
These were accompanied by notices of special, meetings of
shareholders to vote upott the plans on July 7 and 8, respectively,
and by the proxy forms.
^
Under the new corporation plan, each existing 4 % $50 par class A
share will receive one share each of new $2 first preferred ($49 par)
and new 75 cents second preferred ($1 par) plus $2 in cash. Under
the new Paper Mills plan, each present 6% $100 par preferred share
will receive one share each of new $6 first preferred ($99 par) and
mew $2.40 second preferred ($1 par), plus $7.75 in cash:
These Cash
Both
this corporation
payments and the new second
preferred issues will wipe out existing
<•
the
arrears .on
*
...
one hear common share
in exchange for each present common share held,
financial statements
accompanying the plans show earnings for St. Lawrence Corp. on aconsolidated basis for the first time.
The following fiigures indicate
the effects on earnings of the new capitalization and
the proposed
sinking funds:
plans also provide for the issuance of
Both
Operating
-
t
)
;
Gross
1,310.641
$2,791,442
$1,718,738
102,056
Other
45,609
48,783
$5,210,397
w
.
profit
—
income
$2,836,951
--
LIABILITIES—Accounts
—Common—
ClaStf A——
Total
►
capitalization
Alter sinking funds under
capitalization
Under
new
4-30-48
1947
4-30-48
$7.83
$5.94
$2.65
$2.39
8.47
share
per
4 Mos. to
1947
earnings
Consolidated
Year
5.67
2.59
2.11
4 Mos. to
Year
„
,
.—
*
Eairned
0.54
,
,»
.
Authorized
Class
4%
A
Total
($50
stock
stock
Shares
"Paid-Up
Capital
300,000
264,401
$13,220,050
2,000,000
582,593
582,593
par)—
value)——
(no par
-
Authorized
Shares
convertible
cumulative
First
deemable
Cecond
re-
■
shares
pfd.
stock
($1. par)_
shares
L——
paid-up capital——
carried
amounts
•Dollar
balance
on
OF
ST.
CO.,
PRESENT
;
LAWRENCE
Shares
stock
Common
Total
(no
capital
paid-up
PROPOSED
190,000
($100 par)___
par value)™—
stock
pfd.
cum.
514,673
Shares
redeemable
cumulative
First
($1
shares
stock
Common
Total
124,875
124,875
1,000,000
value)——
(no par
capitals
paid-up
514,675
514,675
——-$13,002,175
—*
•Dollar amounts carried
on
sheet.
balance
.
.
..
•'
-
-
«>
Feb. 29,'48
.
Feb. 28/47
$1,825,582
_a
—
share,
$2,673,465
$3.29
t$2.24
Canadian
this
subsidiary,
would
$2.62
to
amount
share.
per
"
prices
conversion
base
Redeemable
the
at
of- New York,
company at
option
of
The
offered
„
April
due
1,
1978.
Bids
"
..
Commission
Power
'
will
be
received
7, Mass., up to 11
Boston
Federal Street,
_
Federal
bonds.
V
bonds,
49
22.
bids for the purchase from it of $3,500,000
series due 1978, to be dated as of April 1,
inviting
be
to
has
the
by
(EDT)
a.m.
..
authorized
issuance
the
of
the
'
y
The company stated
that proceeds of the bond sale would be used
to finance construction costs, including payment of $1,000,000 in notes
previously issued to cbtain funds for that purpose.—V. 167, p. 2365.
•
trustee.
STOCKHOLDERS—Company
TO
and
June
fund.
is
mortgage
1943,
Co.
& Trust
record
of
holders
to
Signode Steel Strapping Co.—Earnings—
of
•
May
BUSINESS—Company
AND
1946
the
at
debentures
was
in New York
Incorporated
Despite
shortages
of
$9,819,955
658,767
*
$1.43
last
year, sales and operating revenues
those of many prewar year,- according to
steel
were more
than three times
6, 1915, succeeding to the business of the Burgiarproof Lock Co,,:
was
established in 1912. Principal executive offices, 395 Broad¬
John W. Leslie, President.
Additional supplies of steel will come with.,
New York, N, Y.
/.'•/. y- ./•''V/V-'*"-'.''/ the completion of the new plant in Baltimore, Md., which will also
.The .company owns a'.l of the capital stock of Segal Safety Razor
giver better service to eastern and export customers.
There
was
a
net increase
of $178,245
in
the
assets of Signode,,
Corp.
(N.
Y.
which was organized in 1929 as a wholly owned
subsidiary- to manufacture and sell safety razors and razor blades;
Employees' Savings & Profit Sharing Fund, bringing the total at the
99 85%
end of 1947 to $1,423,376, with'98% of eligible employees as members;
of the capital stock of the Norwalk Lock Co. (Conn.) which
was
—V. 166, p. 1938.
acquired in 1929 and which is engaged in the manufacture and
;
sale
of
builders'
hardware, security hardware, shelf hardware, key
duplicating machines a'nd Other metal products; and all of the capital
Silver King Coalition Mines Co.—Earnings—
stock of Segalock Fasteners, Inc. (N, Y.) formerly known as Strauss
Fasteners, Inc.,. acquired on Oct; 1, 1946, Segalock Fasteners, Inc. is
Period End. Mar. 31—
1948—3 Mos.—1947
1948—12 Mos.—1947
engaged in the business of manufacturing and selling slide fasteners,
Net profit
$51,914 . ■ "$57,900
$85,136
"$136,325
commonly known as "zippers."
<
Earnings per share..
$0.04
Nil
$0.07
Nil
The company is not an operating company and does not engage
..y,' "Net loss.
(After all taxes and depreciation, but before depletion.
directly in manufacturing but derives its income from investments
—V. 167, p. 946.
'
in' its three operating subsidiaries above named.
Company, through
124,875 $12,362,625
124,875
—
stated
as
»
which
pre¬
par)_
appreciation
(excess
other than bank stock
way,
124,875
par)
redeemable
cumulative
ferred
in
Aug.
''Paid-Up
Capital
pre¬
($99
shares
ferred
Second
Shares
unrealized
investments,
Sierra Pacific Power Co.—Bids for Bonds—
any
Bank
of
HISTORY
SUBSIDIARY
Outstdg.
total,
be
capital surplus,
Calendar Years—
1947
4, Warrants
to subscribe at 95 to
Sales and revenues from tools and machines— $13,345,113
rate of one $100 debenture for each
Net profit after charges and taxes.
100 shares 'of such stock held.
Rights expired May 28.
Stockholders
930,771
".subscribed for $56,200 of the debentures,
' (■"; ••, /. Earnings per
share..
aa
•
$2.18
$13,002,175
MILLS
-
would
above, $74,000;
*
—
Authorized
of
esti¬
for
which
of $74,000 for Federal income taxes
$9,020,974.^-V. 164, p. 3420.
!
167, p. 2035.
Company
on
stock
coihmon
$2,000,000
514,675
—_a—-—
CAPITALIZATION OF PAPER
NEW
id -Up
Capital
124,875 $12,487,500
-
1,000,000
.
MILLS
Ou tstdg ."4 Pa
Shares
increases
sinking
annual
an
on
part
in
OFFERING
Authorized
€%
PAPER
to
company
Continental
LTD
CAPITALIZATION
provision
gains
carried
provision
of
first
date prior to maturity in. whole or from time
at least 30 days' notice, otherwise than for the
sinking fund starting at 105 and for the sinking fund starting at 103,
with periodical reductions in prices thereafter, plus accrued interest
in each case.
>
/.
$13,802,643
—"
——
sheet.
loss
—V.
par.
•
Entitled
the
582,593
to /time
Total
periodical
with
thereafter.
264.401
*
582,593
net
for taxes and provision in recognition of net loss
of Canadian subsidiary.
(Before considering the $300,000 provision for
of
1050,
1,
May
264,401
$2,900;
on
Sheaffer Pen Co.—Earnings—
•Net profits
"Earnings per
•After
cost)
over
Years Ended—
•»
Boston,
taxes
sold at amounts
were
surplus,-$149,774;
earned
<W. A.)
Offered
of
income
less provision
above; $536,570;
,
264,401 $12,955,649
Federal
market
quoted
($610,570)
are convertible into common stock at an initial
of $3.50 per share of common stock (being
common stock -for each $100 debenture, 142 6/7
shares of common stock for each $500 debenture, and 285 5/7 shares
of common stock for each $1,000 debenture) If converted on or before
„
264,401
264,401
2,000,000
($49 pari
pfd. ($1 par).
redeem,
cum.
Common
Shares
of
price
conversion
28 4/7
"Paid-Up
Capital
Outstdg.
priced at
are
-
debentures
The
base
CORP., LTD.
OF ST. LAWRENCE-
The debentures
holders.
$13,802,643
capital™—
paid-up
PROPOSED NEW CAPITALIZATION
/
Cerf Co., Inc., Chicago, and a nation-wide
group of investment bankers made a public offering June
16 of $1,943,800 15-year 6% convertible sinking fund de¬
benture bonds, due May 1, 1963, being the unsubscribed
balance of $2,000,000 offered for subscription by stock¬
convertible
cumulative
preferred
Commop
Outstdg.
Shares
-
-
;
$1,403;
provision
for' estimated
provision for participation payment to
Bank
stock (outstanding 390,000 shares), $5,000,000;
S3,233,727^
$0.32
—Floyd D.
.
additional
common
March 31,
Segal Lock & Hardware Co., Inc.—Debentures
■
.
LTD.
CORP.,
LAWRENCE
ST,
OF
CAPITALIZATION
$1.60
,.
payable,
taxes-, $22,600;
Shawmut
realized if ail investments
$395,719
$1,175,857
" $0.95
income
National
mated
-
194$,' current assets were $13,084,868 and current
liabilities (including dividend payable June 15, 1948) were $3,679,096.
—V. 166, p. 2215.
vu-'
*
second preferred#
1943, and that all sinking fund requirements On the
be taken care of in accordance with the plans,
can
share——aL. "
common
The
' 1,357,814
-1,68^094
$1,971,078
—
-
-Federal
$1,767,525
13 992
(incl, Fed. inc. tax).«••■ 3,239,318
——
per
of
As
earnings, the directors of both St, Lawrence Corp.
&nd St. Lawrence Paper Mills Co. expect that regular Quarterly divi¬
dends will be paid on the new preferred Issues beginning in October,
Based on current
PRESENT
profit
-
——-
-
new
0,20
—,—-+
Other charges
Net
2,12
——:
'Interest
-
3.18
Income
1948
applicable thereto as shown, by statements of condition of the
banks at Dec. 3L 1947), $4,26G,362; accrued interest receivable, $3,294:
total, $9,020,974,
■
"
>
*
,.//■
31(
ASSETS—Cash
as.->ets
r
.
MARCH
SHEET,
^
in
banks, $112,924; investments, at quoted .market
(aggregate cost per books, $4,027,824i(> $4,638,394; /shares of
capital stock of 12 suburban banks (carried at amount of the'net
-
1,254,431'
1,818,083
$5,108,341
V
•
BALANCE
prices
>
$4,102,083 a $2,973,169
$6,926,424
revenue
Operating and general expenses™.
<
>
1946
1947
1948
-
March 31—
Quarter "8nded
J
Monday ,/J une f 2 iy- 1048
CONDENSED
of Del.— Earnings—
Seaboard Oil Co.
To be effective, both plans
stocks.
present preferred
mnst.be voted affirmatively.
<t
.
COMMERCIAL. & .FINANCIAL .CHRONICLE.:
THE
12
■
,
—
dividends
NOTE—The
the
on
first
new
and
preferred
second
new
begin to accrue on July 1, 1948.
At the same
time, the accumulation on the present preferred stock will cease. >
The proposals of compromise or arrangement for each of the com¬
panies will be effective:
■
'
'
(1) When meetings of the stockholders have been held. ■
,
.
,
(2) When at such meetings at least 50%' of the outstanding pre¬
ferred and common shares are represented in person or by proxy.
(3) When at least 75%
of each class of shares represented have
shares
preferred
will
.
such,
selling
.
voted
in
(4)
When
Chief
the
of
favor
the
the
Justice
plans.
When
(5)
Income
plans have been officially
the
Tax
(the
Department
companies
the
When
(6)
States
have
(8)
officically approved by the United
Revenue (this approval has also been
charter changes,
the necessary
reorganization
financial
since
of
j
-
Paper
the
from
all
parties concerned.
plants which are
The
Certificates
the
for
the
for
payments
proposed
.
operating
1948— Month-^-1947
Railway operating exps.
V."
*
'
'
Net
^
12,350,857
$2,014,016
$2,048,985
$8,439,418
98,660
70,822
359,230
481.226
2,430,879
154,173
653,474
i'l
Federal income
,
i
taxes
Ry. operating income-
shares held
20,205
•'
{.• •*:
and
D.
..'••• -
Cerf
'
administrative
in
treasury.
Co.,
.
$1,216,100
31,533
.Total ry. oper. income
$1,247,633
:
$403,138
Net
ry.
14,843
368
$253,538
$467,917
11,138
126
164,290
106,091
$231,881,
$147,319
™
income
and
tax
surtax,
Gross
iftcome
-$5,122;990
233,732
1,066,562
$1,147,210
$4,056,428
18,905
31,492
$967,841
$1,178,702
160,731
250,770
Deducts, from gross inc.
income
Net
*■
$807,110
....
160,766
$4^418
income
—
'
:
989,147
"
The
Division of this
Packaging
field
citrus
mechanical
with
company
!>•/•' :
its
announces
a
specially designed multiwall paper
according to an announcement on June
into
bag
5
.
f
1
and
which:
,
system for the commercial packing of oranges and grape¬
has emerged from two years of successful
development i
and experiments, has been designed
by St. Regis to cut
packaging costs, reduce fruit spoilage and
shrinkage, eliminate refrig¬
eration and permit easier handling.
•
~
new
Total
P'rbV.
for
multiwall
bag
£ra£
that
of
de-
Pap!r' I1 has a caPacity of approximately 45 pounds,
the
traditional
wooden
box.—V.
167,
p.
or
.
The New York Curb Exchange
additional
25
be
cents
against stockholders'
issued upon exercise of
of
the
50;9°^^hares
Savoy
—V. 167, p. 2532.
pension
par
on
profit
expense...—,
shares
subscriptions
warrants
company.
The
and
issued
common
50,000
to
warrants
more
officers
evidence
common stock at $2.50 per share to
listing
stock
Months
Ended
from
the
Federal
to
and
Oct
32,720
45,330
320,110
669,830
27,582
23.180
1,256,758
right
27
298,200
16,47(5
$470,896
$337,745
248,500
i
.
198,800
298.200
$1.47
,
$1.73
$0.94 "•'V
$0.67
1948
>v'
$3,664,837;
Dominion
income
and
excess,
provisions : for Federal
taxes (less $1,300,000 U. S.
$949,765;
payable,
profits
tax notes); $993,235; other accrued Federal, State and local
taxes/$464,947; accrued payrolls and other atcrued liabilities, $576,504;
provision for payment to employees' pension trust .on account of past
$107.500;4 capital stock
(Outstanding 497,000 shares without
service,
consolidated
$2,982,000;
value);
surplus,
$14,474,439;
total, $20,-
Sinclair Refining Co,—New Line in
a.
,
^—
:™a^-.a.—
$1,956.34$
$3.17
March
interest
and
$1,886,918
*
$3.06
(Boston)—Earnings—
dividends.._a__
the
tax.—J.
Net
to *
income from
8,095
loss
from
Dividends
to
sales
interest
Of
and
-rV.
167,
•Equal
to
shareholders...:
—.1
a.
-
■
to
of
Loewi & Co. and Keenan &
fered
*
These
notes
;
8.847
The
notes
to
net
are
15, 1948; due March 15, 1958.
•»
a direct obligation Of the Sisters of Mercy of Nash¬
are
a
■;
the hospital.
of $203,711
Cr24,060
were
$0.28
',••
/■''Vf'/.'.'
from the sale of the $284,000 3 V2% guaranteed
applied to the cost of construction of two new wings
This will complete the payments for the entire project.
proceeds
being
1,200
77,993
Tenn.—Notes (Offejced—on May ft of¬
Clarey, Inc.
Tennessee corporation. They are issued under a trust
indenture which provides among other things that none of the prop¬
erty of St. Maty's Memorial Hospital at Knoxville, Tenn., will
be
mortgaged while any of these notes remain outstanding.
The notes
are further unconditionally guaranteed
as to the payment of principal
and interest by
the Cincinnati Province of the Sisters of Mercy of
Tetm..
$110,878
$0.32
a
$284,000 jy»% guaranteed notes at 101 and/interest.
Dated March
8.701
—
portion
1927./-..'••/'
p.
$123/213
dividends.—_
securities/
earnings per share
of the company's products line extending
Houston
at
Sisters of Mercy of Nashville,
4,200
1950
.
first leg
the
1947
1
i
.
from
St. Louis and to the refinery at East
the line from Arlington northward is still
construction, and is expected to be completed later in the year.
is
refinery
Chicago. That
$120,925
expenses
income
/
extending from the
Houston refinery through Bryan and Waco to Arlington, with spurs
to Fort Worth and Dallas commenced on June 7. This line will have
a r capacity,
with present pumping facilities, of approximately 25,000
barrels of products daily. Gasoline,
kerosene, heating oil and diesel
oil are being shipped. Approximately 140,000 barrels of products will
be required to fill the line.
/
,
the Union in the U. S.. A.
1948
$135,508
31—
Operation—
Movement of products into the new Sinclair line
Tenn., in 1947 had net income
In 1946, net earnings
$147,256.
The Cincinnati Province
of the Sisters of Mercy of the Union in the U .S. A., guarantor, had
average annual net income-for the three years 1944,
1945 and 1946,
The
'•Net
gpnprai
vvt.^(rw««.
$858,892
$733,653.
share—
com.
1,213
2,818
LIABILITIES—Accounts
1,300,000
773,945
be
shares
6,810
9,245
government; securities, $1,505,000; ac¬
counts receivable, trade
(les3 $50,000 reserves for doubtful accounts),
$2,759,087; other accounts and notes receivable, $41,394; inventories
not
in
excess
of cost or market, $5,911,983";
prepaid and deferred
items, $216,203; notes and accounts receivable (not current), $83,181;
estimated postwar refunds of excess profits tax, $248,594; investment
in' common stock of fully owned subsidiary, at equity In underlying
net assets as showh by subsidiary's books,
$7,784; real estate, tools
and machinery and equipment (after depreciation reserve of $6,089,646),
$6,115,32*; total, $20,553,389.
; ;/r,/,
>' ;•;•,/ , / .
16,505,354
share.
Shawmut Association
of
to
713,040
,
*
462,407
—
Administrative
of
...
.
.
21,926,978
1475.
167, p.
Income
June 16 approved the
value
358,270
assets—.
ASSETS—Casn,
under
$26,454,485 $20,732,974
amortization
—..^..a.I/.I
expense
57,896
1
1850.
Savoy Oil Co., Inc.—Listing, Etc.—
1-00,000
591,700
CONSOLIDATED BALANCE SHEET AS OF MARCH 31,
ville,
Net
—V.
3
issued
plant
per
This
general expenses.—
£or estd. taxes on income
Earnings per common
chemically-treated
and
depreciation
•''
1947
103,235
•,
——.
revenues—J—
and
"1948
—$26,351,250 $20,675,078
:
other income—
interest and
Employees'
veloped by St. Regis for the shipment of citrus fruit is made
up of four
half
discounts,
///'
'
.
allowances....—
Selling, administrative'and
Prov,
? .«s
and
sales
Interest
new
'V
'
/
outward freight,
Manufacturing, costs, incl. materials, wages and
salaries; property taxes and other exps..
tests
the
less
sales,
returns
which
Citrobag,
(& Subs.) —Earnings—f■■ .*■
Quarters Ended March 31—
work,
the
Earn,
Amends Registration
registration.;—V. 167, p. 1699.
'v
.
fruit,
Called
removed from
were
—
filed an* amendment to its registration state¬
revealing that of the 500,000 shftrfes (par $1)
shares were sold at $20.83 per share anad 318,588
SEC
Sharon Steel Corp.
-
entry
doned
and
y-
company
the
181,412
registered
shares
$2,714,377
with
packer,
added:
The
Mat 25,
On
ment
Dividends,
St. Regis Paper Co.—Enters Citrus Field—
535,000
V
adjust.;..
553,389.—V. 167, p. 2035.
Gi'Oss
$3,458,273
exch.
par
$3,703,524
664,550',
$927,932
$265,468
& Sons, Inc., has placed privately a $2,000,000
promissory note, due serially to July 1, 1958, it
announced on June 18.—V. 167, p. 2365.
y :
114,336
$4,122,823
$1,074,167
'
$3,589,188
66,3951
$339,624
106,493
j '/■/..
Net loss on sales of aban¬
was
354
829,166
-
,
$1,559,909
•
and
3%%
-V. 167, p. 2137.
the
164,738
Rollins
$4,257,588
$1,380,942
18,349
107,500
-y/iy"
$1,055,817
35,355
Treasury
607,597
127,155
$948,936
—
37,710
:/
Seiberling Rubber Co.—Places Loan Privately—E. H.
'•
38,177
income
.
446,636
4,172
——
Income
$804,269
38,476
I
$467,549
,-$238,694-
$1,521,433
i
.
Net
322,066
1,836,113
*
$4,995,825
$1,342,765-
298,697
income^
cper.
:
$1,953,230
897,412
Dividends
$407,311
income
Normal
293,252
900,645
...
Federal
yv
V
.
479,865
exps.—
Shareholders Trust of Boston
Non-operating
-
•
w
1,220,344
$1,376,153
income—'—
Canadian income tax.
.
$6,214,382
4,261,152
and
oper,
charges
for
Foreign
v
\
Ill.,;\
from
other
Frov.
:
,
_
$1,704,914
:
$1,354,645
21,508
income.......
Miscell.
$7,023,365
-
Other ry. operating inc.
Deducts. fr. ry.oper. inc.
V'-./v
•2,077,043
Chicago,
Inc.,
$2,741,777
Profit from operations
II
profit;
—V. 167, p. 2582,
533,175
166,081
Other Federal taxes
l:.
■
Total
10,391,464
■
*
Outstanding
2,650,000 shs.
'
•■/ Interest
.1
,
par)—
3,691,732
1.273,239
Profit
.
1948—4 Mos.—1947,
2,607,854
' '
•
from ry. oper.
rev.
($1
$5,396,646
5.022.708
Sell., gen. & adm. exps.
Other
$2,000,000
-
1945
1946
$7,764,485
4,738,414
$2,627,884
'' '.V'
■
$2,000,000
1947
1948
$7,366,293
goods sold—.
*
PRESENT FINANCING
fund
sinking
1, .1963
May
including
General
"
State, county & city taxes
due
stock
Gross
v
/
-
of
.;
sales...—
net
Cost
Bank;
$4,656,839 $20,790,275 $17,414,829
,$5,157,515
3,143,499
revg.
r ■'
Other
St. Louis Southwestern Ry.—Earnings—
Period End. April 30—
Totai
,
1947 ''J. 1946 .' y 1945
Gross sales, less discounts, etc.—- $3,324,184
$2,391,268 $9,749,519
Cost of goods sold—.y 2,262,370
1,757.456 ' 8,786.038
Selling, expenses
178,810
101,£'34
49,296
■;
.
Railway
Lafayette National
.
2035.
p.
3 Mos. End. Mar. 31-
/
CONSOLIDATED STATEMENT OF INCOME FOR CALENDAR YEARS
St. Lawrence Paper Mills Co., Ltd.—New Plan—
above.—V. 167,
to
the directors:
by
UNDERWRITER—Floyd
,
See St, Lawrence Corp., Ltd.
time
6% ' convertible
Common
the
and
owed
Authorized
' **
and common
be delivered-by
preferred
new
to
.debentures
will
the companies *
to the Royal Trust Co. for distribution to stockholders.
If the majority
of the stockholders approve the plans,
and there are no. Important
dissents, it is believed that all the necessary payments. and exchanges
can be effected by August or September,—V, -167,^p, 1927.
•
cash
time
15-year
is
this
by
s
shares,
amount
:
.
Mills
approved
Co.,
like
of
CAPITALIZATION, GIVING EFFECT TO
•Not
above have been
/"
'
reviewed
Committee.
Reorganization
& Trust
loan
V-.'
.r'y
applied as follows:
to be
loan of like amount to the
New York, and $165,000 in repayment
current
a
?
necessary to implement the changes in the corporation, neither plan
can be put into effect until.both plans have received the final approval
of
Bank
current
''7V;y'intended
are
InCvJ which for the mdj^t part will consist of the acquisition of addi¬
tional machinery and equipment.
i.-y V ■''■■ ■'" V
(3)"The
balance
for
general
corporate
purposes
asy determined
V
;
/' ">
covering
Patent
-.
proceeds
Simonds Saw & Steel Co, (& Subs.)—Earnings—
'
proceeds of both_of which loan3 were applied to working capital.
p2V Approximately $300,000, if deemed advisable bv the directors,/
to the expansion of the'Sumter, S. C.. plant of Segalock Fasteners,
approved by the, Canadian
have already received the
,
Finally,
I";-1'.'net
repayment of
$250,000 in
of a
(7) When the Secretary of State of Canada has issued Supplementary
Letters
machines,
Continental
been
Internal
Department of
receivedt.
key
fas¬
.(1)
■
plans
and
PURPOSE—The
plans have been submitted and finally approved by
of the Superior Court of the Province of Quebec
the plans before they were sent
Department's approval),
in the business of manufacturing
security hardware, shelf hardware,
safety razors and razor blades, and slide
teners,
Justice initially approved
to stockholders).'
''
(the Chief
builders'
duplicating
-
.
engages
hardware*
subsidiaries,
.
of
Sisters
$846,965.
of
Mercy
of
Nashville,
availab'e for the payment of interest.
$178,019,
and
in -1945
were
/
Volume 467 '; Numbed 4709
THE
Soss Manufacturing Co.—Earnings-^1Quarter Ended March 31—
Net
•Earnings
per
-•Based
common
195,000
on
Standard
1948
•
earnings after taxes..
snare—1—„
shares
of
1947
$118,823
■*.-
Hi.bl
stock
common
Net
f
167,
Earned
Recorder &
2,110
and
2,710
July
on
shares
shares
first
Reproducer Corp.—Files with SEC
letter of
a
cumulative
($1
common
shares of
filed
7
6%
of
of
stock
2,710
-The
be
will
common
notification
preferred
par).
offered
units
in
with
the
at
$101
of
Proceeds
will
of
/
266,000
$0.95
_
1948
Dana
be
for
used
167,
repayment
loan
of
and
corporate
general
of
•<
April
on
considered
are
-
...
,
$0.53
especially
»
t
,
have at
present
backlog of
a
director
a
to
succeed
in
•
«
of
,
has
corporation
acquired
a
substantial minority interest In
Electrical Industries Ltd. of
London, England, the largest in¬
dependent manufacturer of lighting products in Great
Britain.
The
firm1 produces incandescent
lamps, fluorescent
Thorn
con¬
Thorn
lamps,
.fixtures, electrical appliances and
of riiariufactuflhg, has
Lewis, a Vice-President
formerly Assistant Vice-Presi-
Sylvanla
R.
Electric's
interest
radio
in
the
sets.
lighting
been
acquired
•
British
firm
has
.through a, general agreement between the, companies which
includes
.cross-licensing under patents in I he lighting field, reciprocal technical
aid, and rights to purchase machinery,
equipment, component parts,
167,-p, 889.
*
i
i.
The
f
charge"
Charles
the
'7.
possibility
an
-Interest in British Firm—
in view of
ihmrinerable
make
which had
the
tinues to
the
?
Vice-Fresiderit'
Cornell,
for
approximately $180,000 arising from a profit on the sale of
Biddmlngtori, til., arid RfvirSidf, Calif.
,-i
unprofitable operation in 1947, earincd "
throughout the first quarter of 1948.
Preterit plans are tb
preductldri of this- subsidiary still further as there con¬
be a shortage of
photoflash bulbs in the trade.
-
profit
-increase
little over $8,800,000
a
the books*"-
on
R,
elected
a
965
266,000
'■ $0.0"l
"Operations
good,
very
,,
13
assembly plants at
Wabash Corp.,
$1,437,000
266,000
said:
26,
company, arid 'Arthur F. Reum,
dent, has been elected Vice-President.—V.
'
292.
p.
been
We
runs.
orders
unit.
per
will sell 1,050 additional shares and S. Stanley Scharv will
.1,950 shares of common to-James D. Cleland & Co., underwriter.
purposes.—V.
outstanding,
share
Clansky, President,
quarter
tinuous
preierre*i
1946.
$2,494,000
141,579
tignt Steep situation wnich has caused - Us to
changes in our schedules, thereby eliminating
any
and
of
Company
sell
W.
—'
'
SEC
par)
($100
shares
its
1947
$3,608,000
253,903
the'
The Company
for
5,710
1948
(2693)
income of
-
per
Roy
'
CHRONICLE
Corp.—Earnings—New Director
sales
profit
Common shares
•"
Sound
Forgings
Net
$u."J5
outstanding—V.
FINANCIAL
&
Quarter Ended March 31—
$68,538
2299.
p.
COMMERCIAL
and
South Jersey Gas Co.—Transfer Agent—
The Philadelphia
effective
July
the
of
been
appointed
was
formed
gas
company's
plan
last
to take
year
properties
the
over
southern
in
dissolution.—y.
of
Period End. Mar. 31—
Oper.
Public
mairit.
Depreciation
v
$4,069,957
Provision for
2,953,319
exp._
2,780,575
12,067,855
"
283,856
.'210,142
r 502,037
28,589
119,833
oper.
Income
from
«
-
Interest
'-768,282
Gross
income
123,742
for
Estimated
$504,271
$3,263,444
$4,537,024
,
31,107
47,203
^
Capital
State
income
$3,294,551
$513,962
3,302
—
tax—_
$4,584,227
3,559
115,607
17,995
1,229,593
1,732,909
tax-
4,658
5,104
53,554
incomer—_
Net
quarter
14,842
192,013
'
$188,622
$313,283
$1,993,407
$1.84
than
.
$2.56
•Based
on
,
52-235
,
-daily.
*
$0.17
1,085,636 shares of
$0.29
stock.—V. 167, p.
common
The
company on June 10 filed a letter of notification
76,032 shares of capital stock (par
against
76,032
former
or
solved
June
30,
stock
holder?
June
27,
10c),
warrants,, issued
purchase
of
stock
common
1947.
Warrants
1953, and holders
of
are
the
Electric
totaled
output
of
2.787,000
this
kwh.t
for
company
responding week last year,
an
the
with
Southeastern
increase
week
ended
2.378.000
of
Corp.,
July
.
ol
the
accounted
domestic
the
total
103,000
for
Symington-Gould
.♦Operating
first
'
.'Otner
,
•
This
;
for
prbvtsion
-expenses,
depreciation
of
offered
1,265,255
of
Standard
stock.
common
Oil
The
Co.
stock
Guaranty
for
Trust
of
shares
New
its
of
$0.21
selling
for
of
par
three
and
Montreal
Co., 61 - Yonge St., Toronto,-Canada, are acting as agent and
sub-agent for the purpose of effecting the exchange.—V.
167, p. 2583.
The
"-
1948,
2583.
company
that
announces
the
of
offered for subscription by
employees
were
subscribed for.
Proceeds
will
cor¬
capital.—V.- 167, p.
*
1851.
4,982
shares
at $60.21
per
be
for
used
Southern Ry.—Estimated Gross
Earnings—
Period—
1
•
7'
Week End. June
-
Period End. Apr. 30
of
»Prop,
working
retir.
'Amort,
,
93.822
res.
75,475
140,000
approp.
125,000
1,087,089
899,861
1,540,000
1,500,000
'
380
•
1948 "
1947
1948
1947 "
■'
266
•
Gross earnings
..J,
"
;
'
-
5,836,129
5,453,704
J
•
.
<j
139,507,567
Co.; Wilmington,
128,326,046
Del.
To
Acquire Property of Subsidiary, Etc.—
The
stockholders-on
May
authorized
18
the
1
HISTORY
in
*.
their
discretion, and' subject to the approval of the Interstate Commerce
Commission, or other public authorities having jurisdiction in- the
premises, lor and in the name of this company, either (a) to
acquire
all of the franchises,
rights and property of The Richmond & Mecklenberg RR. Co. (Va.), in liquidation or dissolution of that
company,
(b)
or
to
board
for
renew
such
term
of
years- and- such
conditions
determine the existing lease of the railroad and
of said Virginia corporation to
Southern Ry., dated Nov. 1,
expiring Nov. I, 1943.
The Richmond &
may
tween
Keysville,
Division
of
Southern
Ry.
with
its
f
North
Carolina
chandise
Norfolk,
As
which
of
April 19,
2583.
p.
lease
expires
on
July
1948, Southern Ry.
1,
1949."
had
; '
18,381
:
/
,V/
,
general
Period
oper.
1943—Month-^-1947
$1,064,154
500
1,650
Net
$1,062,504
iG7,
815,653
671,660
,vv; 37,644
117,663
earmarked
will
be
used
GIVING
EFFECT
TO
PRESENT
$45,is 17-
$1.20,183
33,067
•
:
Authorized
(par
•
stock
195022*^i—A-;—V
V
2,200 shs. v
15c)i—375,000 shs.
STATEMENT OF
1,
the
.
'to
Net
Other
52,991,106
193,866,557
159,722,906
taxes.u
1,625,078
2,333,239
5,028,997
10,517,979
operating- taxes^_
4,402,352
3,577,143
15,028,354
12,706,4>12
income
operating
income
income
(net)
4,383,557
5,874,840
•
;
9,878
Dr87,286
,
331,735 shs.,
5,787,554
14,385,457
703,788
3,299.867
;.f
Drl
':
51,111
;
:
Interest
deductions
1,013,773
income
-
3.379,702-
'
3,250,000
Dividends
,
!
sales
84,953
V.
167, p. 2299.
5.083,766
-
11,085,590
18.900.523
11,225,000
17,077,500
of
April
The
$60,158
67,230
■
operating profit
1948.—V.
167,
p.
filed
11
June
- .--v.V
■
•
"
,■
r
"
used
40,907
of
$11,780
earned by
was
'v.-
Period
End. Mar, 31—
.'
Operating
revenues--;,..
Oper. exps. and
i
Net
Other
$3,083,288
2,260,755
taxes
a.
operating
income
income-
$827,533
(net)____
$656,319
$3,442,665
$2,919,875
1,087
4,548
9,215
' 25,102
$660,866" $3,451,880
177,620.;
736,264
Propane Gas Corp.
(&
Net
-■-J
—V.
other
$828,621
deducts.
income
216,987
1_-
$611,633
$2,715,616
$483,246
167, p. 1156.
547,060
$465,222
Net- income_;____;_—
Sperry Corp.—Dividend Rate Increased—
directors
the
common
Previously,
V.
167,
p.
the
have
declared
stock,
company
2583.
-
a
payable
•
paid
semi-annual
July
75
9
to
,
cents
share
per
Square D Co.—Earnings—
Quarter Ended March 31—
profit afteri chgs.
Earned
—V,
ox
per
and
common
per
share
June
26.
common
share
-
''
'
'
'
'
■
■
J
•
•
4
|
'
Net
—'
—.
1947
1946
$904,057
$784,545
$356,105
1,377,480
1,377,480
1,377,480
$0.66
$0.57
80.26
v.
Divs.
on
Earned
No.
.
I
75,498
22,500
$149,571
25,000
$4
cumul.
ori
taxes on
on
per
pfd.
income
shares
1,785,587
622,850
$1,063,781
outstanding-
1,006,550
——$1.06
"
.
"
$1,162,737.
98,956
stock
share.*
.
V.
167,
p.
1
:
2474,
the
large
quantities
and
area
Federal
Gulf
the
from
other
Middle Atlantic.
Commission.
The
Power
the
■
'v
•.
grant,
study,
$109,374
"$0T9
$0.21
:
,
•
1947
1946
•'
1,340,292
13,030
534,950;
$805,342
•$422,264
99,596
100,000
$705,746
1,006,550
$0.70
"$522,264
1,005,000
*$0152
t
;
r
In
addition
Colonial's
first
to
its
quarter
profit
1S48
one
basis
*
of
the certificate
after
year
the
*"
■
••
number
a
is
granted
muist
and, at least
a satisfactory
company
'
Commission
feetf
a
to
the
the
line
would
bank
east
of
extend
from
Gulf
the Hudson River
points
at
132d
Its sales capacity
in
day
""Most
summer
the
of
would
■
the
brought
and
saVe
to
gas
in
in the production of manufactured
used
now
statement.
a
It
was
estimated
that
the
distributing
United Mine Workers of America.
that
"should
i
t
in
the
not
would
be
It replied
that the natural
"relatively small amounts of coal"
on
the coal producers and miners
165, p. 2931.
displace
impact
economic
serious."A-V.
Twentieth Century-Fox Film Corp.—Earnings—
(including National Theatres Corp. and Roxy Theatres, Inc., with the
exception of foreign subsidiaries, not wholly-owned)
■>
,
;
that
said
Louisiana
and
gas
Film
Weeks
Rents
Ended—
rentals
Dividends
(
•409,234
seasons.
within
the
before
obtaining its final
the possibilities'for undergrourtd
Another obligates the company
further
off-peak
in
on
pipeline within 28 months.
The
its final plan
for financing the pipeline
before beginning the flow of gas, submit
and
.
from
Total
and
:
-
theatre
tenants
other
and
inoome"
Mar.
:
———
income—
J-
film
*
——
costs—
Participation in film
27/48^*Mar.29,»4T
—$40,316,174 $46,996,357
179,846
420,415
receipts—.
—
—
Amortization
3,912,327
—
•(Depreciation
of
fixed
Contributions
to
employees'
Interest
and
bond
assets
discount
Provision
of
Provision
fpr Federal taxes
reserve
Portion of met
for
——
retirement plaris—
and
expenses—-—
foreign assets—
on
income
profit applic. to minor, interests
3,493,952
$44,408,347 $50,910,72*
13,621,654
12,806,963
1,336,403
22,142,291
24,595,72a
659,177
590,217
616,578
rentals-
of
Film'distribution, theatre oper. <fe admin, exps.
217,557
848,505
188,692
200,000
2,175,000
386,506
3,900,000
$2,926,842
$5,897,$03
$2,pT
720^45
'
'
Net, profit'
Earnings
v
1947.
in
common,
incorporation
companies $28,000,000 in ■ the first
year of operation and $35,000,000 by thd fifth year.
The Commission
noted objections to the project raised by the National Coal Association
$24,547,529 $23,536,779 $12,834,131
income.
stock—"—
common
•Loss.
in
of
of
area.
'
schedule,
Texas
project
A',,.
1948
Uess returns and allow.)
of common
cluded
also
of
that
fuel oil arid other fuels
gas;'" the FPC declared
'
203,327
Operating results at Colonial Radio Corp., beginning with February,
1948, were on a profitable basis, whereas this subsidiary operated at a
loss
certificate
company's
See
-—
complete
months
cubic'
28,475
22,500
-
,
;
*
income_ —:
Earnings
1948
taxes—
shares
167, p. 2299.
$1
-
r'
Number
of
record
semi-annually.—
'■«'
-
1
Net
of
stated value
a
shares
is expected to reach 325,000,000
and-340,000,000 cubic feet a day in
be sold by Trans-Continental will be
used by utility distributing companies of the area as a substitute for
^
'
52,950
—_
3 Months Ended March 31—
Provision for Fed. taxes
dividend
holders
(having
new
.
"$363,6*77
240.201
dividends—.—
Income before Fed.
The
submit
13
-
17.
Eastern
construction
to
The
476,419
general expenses-—^.—
operating, income—
Gross sales
"
on
gas
six
$840,095
-Sylvania Electric Products, Inc. (& SubsJ—Earnings—
$3,289,116
said
"■
of
rate
$764,597
$1,012,282
Earnings per common £hare-^_,_—
—V. 167, p. 1511.
'
A
:
655,861
two
"extensive
.
of
start
winter.
$921,826
90,456
;
—
.
income
and
for
natural gas in
york metropolitan
the
in
*
1947
sales_„^___lr„A^.i---^----r
.
Gross
Int.
bring
also
*
1948
operating., income-,—
Preferred
4
:
project was intended to supply natural
benefits"
to
a
possible
4,000,000
utility
The natural gas will take the
plaCfr
at least 629,000,000 gallons'of fuei'oil
"currently In short supply,"
to
and
;
Subs.)—Earnings-
31—
$2,944,977
j
stock.
agreement.
/,
the
approval
Commission
storage
®f common stock (par 10c), to be offered at $1
T. Dewitt Co., Canton, Ohio.
Pro¬
for1 the acquisition of business of P. J. Murray.
—
''
stock
common
approval of the project was
conditions. " One wds that the company,
to
letter, of notification with the SEC
1948—12 Mos.—1947
V.
par
carry
New
the
certificate
A'".'/-
;v Total other deductions
-—
1 Prov. for Federal income tax
(est;)—
$2,665,577 $12,229,175 $10,780,726 ,'r Prov, for contingencies—.—
1,999,259
8,786,510
7,860,851
1948—3 Mos.—1947
thd
has
stated.
:'of
the company in the
2474.
operating income
t'u Operating and
>>
;
capital
each.
Commission
$7,072
>
Co.—Earnings—
no
exchangeable
to
Street in New York.
Suburban
Net
Southwestern Gas & Electric
v.
to
customers
Underwriter, James
.
be
Three Months Ended March
Gross
'
.
of
merger
*
share.
Other
'
share
of the
l,840imile line, to be built by this company at a cost of more than
$151,000,000, is expected to be ready for operation by the fall of 1950.
'
:
136,324
$29,127
'
—
small
Gross profit-on.
2.783,081
4,725,000
~
is
June
A pipeline to
coast
'
Net
effective
points
.
_1_2
\
ceeds will
21,683,604
a
Trans-Continental Gas Pipe Line Co., Longview, Tex*
v
'
1/47 to 6 Mos. End.
21.834,715
299,157
4,393,475
:
income
of
terms
—$151,000,000 Pipeline to Carry Texas Gas to New York
Approved by FPC-^*
;
Apr. 30,*48 Nov. 30,'47
$114,080
$196,482
sales.;
"
Total
,
1948, the $2 par commoa
listing on the" New York.
16
approved
a
two-for-one split-up of
increase in capitalization from
$697,255
an
value
par
amendments
became
in
14,086,300
$20
'
The company on
for 200,000 shares
per
and
share)
per
of
The
Stuart Aerial Insect Corttrol, Inc.—Files with SEC—
140,802,426
the
-
June
on
stock
present share of
$5
it
185,861,532
35,605,224
expanses
;
2,
from
27/100ths
with
■
stockholders
Each
1948—12 Mos,—1947
42.580,081
-
for
accordance
2366.
common
stock
2,126 shs.
.•
Dec.
NOTE—A
47,890,446
Federal
Other
revenues
865,050
stock:
exchangeable
p.
June
removed
$5,578,040.
/of
;
Operating
Operating
is
since
was
,v
gas
month
$3;485,095
at the' opening June 10.
This company hns
merged.
Continental Oil Co., and each share of common
into
167,
The
•
for
5,757
$4,748,726
1.263,631
Todd Shipyards Corp.—Split-Up Ratified—
.
Outstanding
INCOME
Net..loss
1943—3 Mos.—1947
and
dealings
company
of Continental in
;
Southwestern Bell Telephone Co.—Earnings
from
this
Texon
—V.
ISSUE
90,311
,
of
.
.,
Gross profit on
Total expenses
$133,069
88,868
of
of
with
;
$5 diV^, cumu-
.A.-.-.—
Cost
i, Oil, 028
865,050
Curb Exchange
■
•
;
"
July
i:
Sales
i85i.-
Period End. March 31—
but
p.
$4,742,969
21,865
$5,419,125"
div.
Suspended
;
"Sterilseat,"
name
105,231
30,194
p.
riot
are
Period—
$000,950
224,983
7 $44,156
charges-^-
after
—v.
income
from
.
1,300
.
$"07,944
-
____
operating
lative
•:
$911,450
*
the
purposes.
(rio par)
1948—3 Mos.—1947
$308,444
of
use
167,
stock
•
Company
•
i Common
559
the
1,408,097
•
'
Preferred stock
-
$367,739
j:
rev._-
Operating revenues—.;; $367,230
Operating expense*
284,183
Operating taxes
38,895
Net
corporate
'
revenues
to
trademark.
proceeds
v
End. March 31—
and
Cross
■CAPITALIZATION
Southwestern Associated Telephone Co.
Operating
■<
on
:
'
Uncollectible
Blue
PURPOSE—The
to
stockholders.—V. 167,
'•'a/.' •.=./
-
Sterilseat,
the
no
Danville
incorporated in Delaware
has agreed ti pay to
the patent company a
royalty of $1 per unit sold under £% Sterilseat
patent, with a minimum royalty payment of $5,000 per annum. The
company holds a 327<m interest in-the patent company.^
\
The company is in the business of
developing, manufacturing and
merchandising ultraviolet and other equipment for the sanitization of
.public, and semi-public rest rooms and is recognized as a foremost
specialist in rest room sanitation and maintenance,
.r.'. •
:
.
1
•
•
the
including
\
was
105,389
charges
$5,397,260'
170
Texon Oil & Land Co.—Stock Off
List—
-
May 26,
By agreement..With the patent company, it has. the exclusive
for-the North, American continent to manufacture and mer¬
1943.
license
line.
from
tlorp. of. America
$361,642
132,531
—$285,581
$256,253
require, for the period...
2366.
income
patented
,
Ernest E. Norris, President of Southern
Ry.; said the Richmond &
Mecklenburg is a subsidiary and that it is intended to abolish that
company and take its property in dissolution and liquidation,
Mr. Norris added: "As to The Atlantic and
Danville, we have
idea of renewing the lease of that line
which runs
and
$418,112
other
stock
V.
invented
was
Net
.3,817
$361,472
inconie _1
&
Pref.
R.
Sterilseat
the
as
properties
BUSINESS—Sterilseat
'
:. '-v
Livingston Sullivan, President of Market Street National Bank
of Philadelphia, who organized and
assigned his patent in 1939 to the
Sterilseat Corp. <the patent
company).
'
■
1898, and
Mecklenberg RR. runs be¬
Va., and connects the Richmond
Va., and Clarksville,
by
AND
inter.
•
1
'
,
directors,
Gross
r
'
3,741
$415,402
2,710'
.'Other
lation 110,000 common shrs. (par
15^) at $1.50 per share.
Transfer agent-r-The Corporation Trust
t
•
*
Net operating revenue
income (net).
Corp. of America—Stock Offered—Wm. O.
Duntze, 60 Wall Street, New York, is offering as a specu-
■H
•
1948—12 MPs.—1947
of
limited-term
investmehts
'*
,
-
$1,501,047 $21,061,697 $18,248,365
774,595
10,418,316
8,898,239
164,239
2,615,291
2,203;429
896,421
195,224
'
share, 4,154 shares
'
'
stock
common
-
Co.—Debentures Placed
1948—Month—1947
$1,741,249
/Federal taxes
other taxes
Sterilseat
<
Jan. 1 to June 7
4
" -
taxes.
Texas Power & Light
Co.—Earnings-
'
Operating revenues
Operating expenses
increased
$0.02
geheral
income
"Weld
International
York
1
and
Privately—Stone & Webster Securities Corp. and
White,
& Co. announced June 17 the
sale privately of
$25,000,000 3%% debentures, due 1966.—V. 167, p. 1197.
(no
of
Tennessee Gas Transmission
-
capital
stock
ratio
the
in
20
Co.
shares
common
;
30,Oil
$20,859
1,012,98*
1,012,984
all
V
f$10,112
$207,812
plant,
}.
1947
41,890
.
t
;
reserves, franchise and Federal
tOperating loss.—V. 166, pp. 1828-and 1525;
••
" "
Stanley Works—Subscriptions to Stock—r
the
p.
18
units
*
1948
profit
•Aftef1 provision
Trust
•
167,
June
on
Jersey)—Exchange Offer—
(par $25) in exchange for outstanding
of International Petroleum Co.,- Ltd.
shares
dis¬
12,
for
company
(New
14,800
in
:
Com. shs. outstdg. (inol.
scrip for fractional shs.)
Earnings per common share.
■
,
the SEC
and
issued
$165,918
y
barrels
,
.
be
Corp.—Earnings—
profit
income
Net
»
daily, Or
company.—V. 167,
the
to
more
•
,
pfir),
3 Months Ended March 31—
and
$8,000,000
were
.
for
i
.
for
purposes
and
year.
States
large
and
year,
third
a
$37,000,000
period of last
18,493,967
$1.42 '
$2.85
United
($2
Price, uriits
'
227,354
37,106,904
the
stock
each $100 of notes, and
49,900 shares of comihon
$100; common, $3 per share.
Underwriter, Kaye,
Real & CO., New York.
Proceeds will be used for the
payment of
"existing obligations to State
and
Federal
Government,
additional
working capital, etc.
"
5,300,000
_
cofnmon
of lo warrants with
stock.
production in this quarter exceeded 280,000 barrels
operations in states east of California showed
last
over
,
' value)
;
1943-
i,
June
kwh.
17.2%.—V.
oil
Producing
stock
SEC
may
as compared
crude
same
11,156,006
(est.;__
income
notes
; warrants to pttrchase
24,021,321
1
income
approximated
the
Standard Oil Co.
Southern Colorado Power Co.—Weekly Output—
(t
48,537,340
280,436
company on June 10 filed a letter of notification with
series A convertible participation 5%
$148,000
,
with the
between
The
"for
94%
reserved for issuance
or issuable to holders
exercisable
1943
of
than
1262.,
p.
purchase one share of stock for each
held at $3.50 per share—V.
167, p. 2139.
warrant
■
574,622
713,333
365,742
-
snare—A
per
more
..j
Southeastern Public Service Co.—Files with SEC—
for
735,923
—<
and exploration expenditures in
to
foreign subsidiaries for similar
increases
,
share—
per
incorrie___
Federal-taxes oil
during
Gross
$2;784,239
♦Earnings
■
22,733,366
—
consolidated net
Net income
9,691
$312,191
deductions
Federal "income
-47,405,615
»
Super Electric Products Corp., Jersey
City—Files with
SEC—- 1
*
.
,
.
dividends;—
long-term debt
on
Provision
-
2,007;983
'"
advances
Income
amort.
Total income .A—_r_—,;_J
j
11,521
—
171,821,647 101,238,59.1
m,385,138' 73;543,008
13,030,834; ,10,962,217
J-«.
Other .miscellaneous
$300,069
revenue—
.on
5
*
11,789,730
"1,009,494
2,072,958
26,597
Net
and
income
a
Vice-President 6f Sylvania, has been' made
of "^horn Electrical
Industries, Ltd., to represent Sylvaniathe board.—V. 166, p. 2216.
v •
director
a
1947
^
materials.:.
Grenville R; Holden,
/ •
$18,533,585 $19,226,764
505,913
(net):
depreciation, depletion
Operating
'
•
$4,025,618
~
1948
^
1948—12 MoS.—1947
expense—
rents
Other income
"
Gross- operating inconie—
Operating charges —i.,-A
.*■
ufnder
1592.
p.
Oper. taxes arid licenses
Operating
(& Subs.)— Earnings-
31—
*
'
Service
Jersey
New
107,
.
1948—3 Mos.—1947
revenue
and
March
,
"i
•
Southeastern Greyhound Lines (& Subs.)—EarningsOperating
Ended
transfer agent,
■
jersey
New
latter
has
Quarter
1.
This company
Corp.
National Bank
Standard Gil Co. of California
^
'
from operations, there is in¬
earnings a non-recurring net
*
per
—-
common
—
——
$1.00
(Not including depreciation of $265,329 in 1943
in-1947 absorbed in prtductions costs.—V. 167, p. 1631.
Reclassified.
$150,894
share
and
H
THE
(2694) '
COMMERCIAL ?&* FINANCIAL
CHRONICLE
Monday, June *21,, 1948
*
-
United Drill & Tool Corp.—Earnings—
Co.—Dividend Deferred—
Twin City Rapid Transit
Quarters Ended March 31—
dividend
due July 1 on the 5%
cumulative convertible prior preferred stosk,
par
$50.
The last regular payment on
this issue was made on
April 1, 1948.—V. 167, p. 87.
The
-
directors
took
12
June
on
action
no
the quarterly
on
Profit
before Federal
Provision
Extra
income
1948 -' '
tax
Van Norman Co.—Partial
1946
•-1947
$658,200
$937,720
$401,889
tax__
257,000
371,000
-157,000
for replacem't of facil.
62,500
for
prov,
Federal
income
-
due
•
The
a
corporation
has
declared
dividend
liquidating
a
of
—V.
$351,810,
to
in
$600,000
the bonds
be sold
can
to best
Profit
Misc.
advantage.
Net
proper
the
export
business
for
Brazil.—V,
Maranhao,
is
and
acting
to
limited
a
the
Greek Government
162, p. 2862.
extent
6%%
stances
March
Ended
31—
The
matter
a
37,645,754
321,880
together
$13,696,337 $14,630,032
$10,426,338 $10,793,631
;
Income
$10,329,318
1,596,358
1,627,426
pfd. stocks of company
1,564,187
new
INCOME
$8,862,151
J..--*---**--
ACCOUNT
(COMPANY
ONLY)
MOS.
12
ENDED
revenues
r
and taxes_>__„
expenses
28,301,217
$8,762,211
income
Net
,
3,731,019
3,925,027
deficit
■'»
$9,882,737 $10,857,923
pfd. stocks of the
on
the
167,
.....
1,564,187
1,596,358
of
$8,318,550
$9,261,570
$7,821,822
the
one-third
old
of
an
6%%
of
new
of
accordingly
aggregate
share
a
of
receive
898,023
of
300,000
shares
result
in
ac¬
shares
of new
the
14,050 shares of
shares)
and
299,050
preferred
shares
shares); Fred.
ihares of preferred
of
2,500
and
the Estate
of
Blum,
of
f
V
Operating
.
Secondary Offering—A second¬
FOR
CALENDAR
1946
$2,697,368
income
1949,
and
admin,
be
618,361
Cr46,314
Cr33,683
Depreciation
Prov.
Dr72,207
$1,714,420
359,470
311,108
550,000
to
M.
The
ICC
June 3 authorized the
company to issue not exceeding
$4,833,000 first mortgage 3% bonds, to be sold at 99.411 and accrued
interest, and proceeds used, with other funds, to redeem a like amount
$1,156,681
a
outstanding first mortgage 3-%% bonds.
Authority was granted to the Missouri-Kansas-Texas RR. Co. of
Texas, St, Louis Southwestern Ry." Co. of Texas, Texas & New Orleans
RR,, Texas & Pacific Ry., Gulf Colorado & Santa Fe Ry., St. Louis
Francisco
&
Texas
Ry.,
Fort
Chicago Rock Island & Pacific
Worth
RR.
to
&
Denver
City Ry., and
obligation and liability,
assume
pursuant to the terms of an operating agreement as amended and
and a proposed supplemental
operating agreement, in
respect of the bonds authorized to be issued.
supplemented
Partial Redemption—
The
has
company
operation
due Feb.
Irving
$708,333
of
the
1,
called
sinking
1967,
Trust
at
Co.,
103
!
V
;
:
'
.
for
fund,
and
trustee,
1
redemption on Aug, 1, next, through
$24,000 of first mortgage 3%% bonds,
Interest.
Payment will be made at the
Wall
Street,
p. 2072.
York,
New
N.
Y.—V.
,
United Carbon Co. (&
'
.
Subs.)—Earnings—
3 Mos. Ended March 31—
•Operating
_
and
for
ASSETS—Cash
SHEET, DEC. 31,
demand
on
deposit
and
1946
$2,313,522
$2,200,676
of
764,798
655 832
614,000
622,000
462',000
taxes
$56,385),
and
Earnings
•After
expanses,
eral
one*.
and
per
$813,878
share
397,885
inventories, on the basis of cost (first-in,
whichever is lower, $679,728; prepaid insurance
$85,330; investment in subsidiary company (The
market,
expenses,
Corp.),
$19,270;
other
investments,
taxes
gi.oi
f$2.05
+$1.70
.
.
income.
tBefore giving effect to the two-forsplit-up of the capital stock to stockholders of record
May 1, 1947,
;
on
CONSOLIDATED BALANCE SHEET,
$2,885,075;
inventories at lower of
.fo^tments, $1,229,924;
$361
rent),
157;
land,
$4-000,000;
cost
or
market
accounts
$1 562
notes and accounts receivable (non-cur¬
equipment, wells, pipe lines, lease-
reserves for depreciation and
depletion of $28,689,144)
SO,5~4,388; trade marks, contracts, etc., $1;
prepaid taxes, rentals!
insurance and expenses, $365,195;
total,
^LIABILITIES—Accounts
payable and
SlP^eor^ ,*n,d Stat€ income taxessz,260,181, common stock of
ct«»
earned
'IK
107,
p,
surplus,
ol
$28,187,883.
accruals,
$2,230,234;
no
reserve
of
$8,503; U. S. Government securities on deposit
to secure
at cost, less premium amortized, $40,043; mortgage receivable,
$112,625; property, plant and equipment (after reserve for depreciation
of $3,912,858),
$3,567,117; goodwill, $1; total, $7,027,352.
LIABILITIES—Trade accounts payable, $216,751; sundry creditors,
$63,410; withholding taxes payable, $80,204; accrued taxes, other than
taxes on income, $38',176; accrued salaries
and wages, $116,013; reserve for Federal taxes on income and contingencies, $888,664;
preferred
stock,
without
stock
(par
value
value,
par
$100
stated
value
shares), $1,125,000;
earned
total, $7,027,352.—V. 167, p. 2072.
share),
a
$1.25
$6,644,700;
share
a
surplus
common
(outstanding
(deficit),
Dr$2,145,566;
The
its
Middle
West
stock
common
Co.,
Corp.
has
holdings
asked
in
the
United
Chicago.—V.
of
SEC
Public
167,
to
permit
Service
sale
the
Corp.
to
of
Doyle,
1631.
p.
$1,345,004;
to
its
the
the
$4
for
the
into
Heat,
&
provides
amendment
an
cash
a
to
its
distribution
of
liquidation
Light
and
Electric
net
the
for
sale
Ppwer
of
Co.
New
proceeds
erf
the
$4
share
a
Co.
of
York,
the
of
a
interest
company's
Greenville, Ohio, to
holding company. •
sale
would
be
applied
distribution.
Gas
has
June
offered
of
Indiana
held
filed
15
calls
the
all
securities
the
will be
also
Gas
cash
American
$1,500,000
Citizens.
&
It
Michigan
28.—V.
167,
to
plans
to
Electric
p.
the
Co.
United
Citizens
merge
•
Public
directors
share
United Cigar-Whelan Stores
Corp.—Stock Placed Pri¬
vately—Allen & Co. has placed
stock
(par 300).
share.]
per
privately 80,000 shares
[Stock is selling at about
the
on
1.
Hearings
1263.
.
.
properties
the plan
on
.
,
.
on
June
common
This
declared
15
stock,
compares
a
payable
with
50
dividend
Aug.
cents
15
to
of
62«/2
holders
cents
of
per
record
per
COMPARATIVE
STATEMENT
Quarters Ended March 31—
United States Radiator Corp.—Initial Dividend—
com 1^1 on
•After preferred
75
EARNINGS
1948
1947
iqac
$89,460
$230,371
sbftrc*-—$0.02
$350,011
$0 08
CbargeS and
pel
OF
dividend
taXes-
requirements.—V.
167, p. 88.
directors
cents
The
$0 13
on
share
June
declared
16
the
the
initial
preferred stock,
to holders of record July 20, 1948.
basis of
tive
per
corporation
1 %
from
on
recently
shares of
May
1,
new
Before
Taxes
$19,882
$18,036
$1,846
19,080
13,015
87,364
1,392
20,473
1,606,803
3,142
4,331
91,695
2,356,841
—
102,530
5,117
107,648
16,158
AND
BUSINESS—Company was incorporated in Kansas
and maintains Its principal office and one of its ware¬
Commerce Street, Wichita, Kan.
Company operate®
at Dodge City, Kan., which operations were commenced
1946,
410-424
1945.
the company
of
of
has been in continuous operation under
M. Anderson for nearly 19 years.
Elizabeth
Mrs.
M.
modern
the
complete
six
corporation
buildings
by
1929,
the
at
that
be stated
may
is
the
buying regularly
suppliers
and
turers
29,
its
above
address.
plant
company
in Wichita fa
store, handling top grade nationally advertised building
appliances and household furnishings. At the present time
materials,
various
April
on
Anderson, as an individual business and was known
Andersen doing business as Wichita Building Material
started in one of the buildings which now comprise
M,
"general, it
In
a
established
originally
occupies
now
lines
as
from
wholesale
a
100 different manufac¬
is merchandising its
over
jobber
and
retail lumber, hardware, furniture,
paint and appliance stores throughout the State of Kansas, Northern
Oklahoma and Eastern Colorado.—V. 167, p. 2367.
the principal
through
Wisconsin Central Ry.—Interest Payment—
York
The New
Stock
Exchange has received
notice that the interest
July 1, 1948. on the first general mortgage 50-year 4%
gold
bonds, due 1949, will be paid on that date and that said payment on
bonds represented by certificates of deposit will be made to holders of
due
at
the
close
of
business
on
June
22,
1948.
and certificates of deposit
therefor, be quoted ex-interest 2% on July 1, 1948; that the bonds,
and
certificates
of
deposit therefor, shall continue to be dealt in,
"flat," and the bonds to be a delivery in settlement of Exchange
Exchange
contracts
directs
that
bonds,
the
made
1,
July
N.
Y.—V.
beginning July 1, 1948, must carry the Jan. 1,
1949, coupons.
bonds is payable at the Bank of Montreal, Netf
167, p. 2367.
,
^
:
/
revenues.
' : :
.
new
1948,
in
reclassified
6 %
$50
par
its
preferred
3,708,372
oper.
exchange for each share of old
value preferred and accumulated dividends thereon.—V.
167,
on
the
cumula¬
$50
p.
par
2584.
$3,821,95®
$995,341
Int.
72,661
32,711
$994,489
$3,914,903
$3,854,66!
(net)—„
281,404
267,749
1,109,867
$729,948
$726,741
$2,805,041
deductions
other
1
income
167, p.
$3,842,248
3,182
incomes-
income
&
$991,307
16,011
$1,011,351
Net
Other
York
;
2178.
Corp.—Bonds
;•
Privately—The
Placed
1,033.633
$2,820,968-
corpora¬
tion, it was announced June 16 has sold $2,750,000 3%%
first mortgage sinking fund bonds, due in 1963, to.*a.
group of eight life insurance companies. • The sale was
negotiated through Union Securities Corp. and Stone &
Webster Securities Corp.
took
largest
purchase
$1,400,000.
panies were
ance
stock
value preferred stock,
1948—12 Mos.—1947*
$4,126,974 $17,312,798 $15,341,703
3,135,666' 13,470,550
11,519,753
$4,703,713
taxes
Oper. exps. &
York,
Co.—Earnings—
1948—3 Mos.—1947
Period End. Mar. 31—
Operating
1949,
.
on
Wisconsin Power & Light
The
quarterly dividend of
payable Aug, 2, 1948,
Profit
>
Income
620,775
Elizabeth
Net
share paid on May 15,
year, which was the first payment since April 15, 1930.
The company announced that it was planned to pay in the future
dividends quarterly at the 62 Va cent rate.—V. 167, p. 2584.
The
7
.
Other
Ooerations
693,189
Utilities
this
4
>
>
YEARS
$584,790
at
was
—v.
The
July
of common
It
funds 'end
general
From
United States Finishing Co.—Larger Distribution—
reserve
value
Citizens
Substantially
to
which
amendment
American
June
on
stockholders.
common
the
Liquidation
the
/v-
corporation
with the SEC
The
Corp.—Amends
.
The
plan
Utilities
to
CALENDAR
>
Plan—-
provision
for contingen(outstanding 795,770
$10,399,927; total, $28,187,883.
par
Public
FOR
Sales
—
Interest
United
added
be
working capital in. general operations.
EARNINGS
'■
and
&
will
1060, to
1,
1, 1946, date of incorporation, business was operated
Anderson, doing business as Wichita Building Material
management
record
United Public Service Corp.—Sale of Stock—
O'Connor
OF
July
founder, Mrs.
as
Co.
Business was
the
the property located at 410-424 Commerce Street, Wichita, Kan,
From
:? its initial warehouse the company has expanded until the Wichita plant
,
Federal
-
buildings,
er
(less
cost
lease,
in
MARCH 31, 1948
bondsreceivable,
at
$11,733),
397 £85
deducting manufacturing, selling, general and administrative
including reserve for expenses, but before provision for Fed¬
State
S.
$678,301
795,770
outstanding..,^
common
U.
$585,320;
$1,175,480;
or
other
Munitex
;
$804,068
shares
hand,
on
Ky-"<r
•
,
securities, at cost ($746,800) plus accrued interest, $753,trade accounts receivable (after reserve for claims and allowances
first-out)
$1,796,133
895,454
depletion..
income
1947
12,500 shs.
■
October,
The
1947
Net income
of
'-v; C1
•■•
1943
income
Depreciation
No.
$532,845
Government
935;
6Va%
167
BALANCE
'
1,500 shs.
-
Profits
Elizabeth
1
■
900,000
Provision
$853,312
'
Total
warehouse
in
on
of
San
income
proceeds
,,
HISTORY
the
Net
Outstanding
2,500 shs.
15,000 shs,
additional
July
The business
Union Terminal Co.—Bonds Authorized—
(
=
par)
1946
houses
365,000
Income—
taxes on
at
as
Elizabeth
1947
,
258,836
450,000
_
for Federal
t
FINANCING'
Authorized
issuable in series
1950; and $32.50 per share from
which time such option expires..
30,
1951,
used
Prior
as
711,326
$1,517,803
———
PRESENT
TO
CO.
July 1,
.
June
1945
819,575
income, net of other deducts.
Balance
($20
8UMMARY
191,461
exps.--
Kan.
"
stock
30,
will
<
198,270
EFFECT
GIVING
($100 par)
PURPOSE—Net
1945
\
'
in Wichita,
;
to
June
the
201,823
-
Corp. above.- -V. 167, p. 1965.
STOCK PURCHASE WARRANTS—Each new share of 6% preferred
stock series of 1948, carries with it the option to purchase one share of
new common
stock at any time before June 30, 1951, at the price of
$27.50 per share prior to June 30, 1949; $30 per share from July I,
'
taxes)-
1943—
.
Corp.- -Proposed Merger-
ijy.
$2,131,675
'
(other than
com¬
Finance.
be
2073.
Year;
1947
taxes
"
Common
YEARS
$2,492,887
__—
local
for
way
and
pfd. stock, ser. of 1948 (with stock
purchase warrants)
Henry
■
profit
Selling, general
Other
ACCOUNT
the
April 30 for a $2,500,000 loan.
used to pay the balance on
on
eight Pratt & Whitney
on
would
240's
First National Bank
Agent,
Pfd. stock
stock
founder
a
loan
Convair
6%
(21.14%
common
the
10
cleared
6
from the Reconstruction
31, 1952.
Dec.
on
applied, to the RFC
said
of
CAPITALIZATION
removal
stock
June
on
loan
mature
-
Transfer
be
owned
purchase
Board
$2,300,000
to
Building Material Co., Inc.—Stock Offeredh—
Prescott, Wright, Snider Co., Kansas City, Mo., is offer¬
ing 1,050 shares of 6% preferred stock, series of 1948
(with stock purchase warrants) at $100 per share and
dividend, and 2,605 shares of common stock (par $20) at
$25 per share.
the
and
is
Wichita
new
will
stock
stock,
common
The loan
See Food Machinery
presently outstanding
preferred
the company and will
creation of a surplus.
will
INCOME
on
2366.
p.
for
the
outstanding
stock;
Federal and
preferred stock (par
June 15 by The First Boston Corp.
at $105V2 per share, net. Dealers discount
$1,25.—V. 167,
made
was
share of
a
Westvaco Chemical
cumula¬
$4.25
of
Co.—Weekly Output—
Lines, Inc.—Loan from RFC—
Aeronautics
engines.—V. 167, p.
stock' and 42,500 shares
L. Blum, a founder of the
company, and his family owned 2,605 shares of preferred stock,
r ;,
ary distribution of 20,000 shares 4%
$100)
1,
.
receive
application
the
paid.
1948, Aktiengesellschaft Fuer Auslandsunternehmungen
owned
common
1,627,426
co.
...
—
class
new
a
Each
exchanged
the
$3,467,713
$4t594,885
of 92,822,000 kwh. for the corresponding week of 1947.
The corppany
Its
share.
per
value of $75 per share, and by giving to the new
value of 10 cents per share.
The difference
capital and the reduced capital will be credited
outstanding
federal
Union Pacific RR.
aggregated
$92.62
$9,449,248
V
2366,
p.
stock
approximately
Civil
to
Corp.
outstanding.
corporation)
company,
of
.
Balance surolus
-V,
stock.
out
1948—10 Mos.—1947
$476,239
167, p. 2584.
.<
preferred
6%%.
or
account of
stock
May
of
Swiss
-
Dividends
of
par
and
common
As
(a
of
5.133,087
.
income
a
surplus
the
new
$13,613,756 $14,782,956 $14,582,335
_
deductions.-.
etc.,
be
present
the
(33.23%
Gross
Interest,
company
Upon consummation of the plan, the company intends to pay regular
on
the new $4.25 preferred stock.
No predictions can be
at this time as to when, or the rate at which dividends
on the
5,810,248
6,020,745
the
made
$8,772,086
5,769,774
by
dividends
30,787,553
1948—Month—1947
$544,214
output of the electric properties of this company for the week
12, 1948, totaled 104,322,000 kwh., an increase of 12.39%
the output
pany
and a
new
class
of
common
stock,
presently outstanding 6%%
preferred
unpaid accrued dividends thereon, will be
of the new $4.25 preferred stock and nine
holders of
stock
corporation's
June
The
on
of
be
a par
stock
the
to
31
$7,343,982
operating revenues
Now-operating revenues
resumption
arrears
$75)
all
the
1634.
p.
Western Air
recapitalization
of
dividend
$4.25
new
common
'•
1946
35,502,734
Net
(par
common
to
preferred stock
$43,346,716 $39,549,765 $37,073,303
u
„
MARCH
1.947
1943
Operating
Operating
1947
The
stock
between
$8,701,892
$9,197,273
plan
the
1947 was $2,145,566.
Under such circum¬
law and under the company's
charter, the
will
common
of
Balance, surplus
31—
-
167,
over
preferred stock will be preferred as to assets to the
extent of $110 per share plus accrued dividends in
liquidation, and
will be callable at any time at $110 per share,
plus accrued dividends.
The capital of
the company will be reduced from $7,769,700 to
$5,073,327. This reduction will be effected by giving to the new $4.25
5,303,368
3,269,999
the
the
on
share
one
new
stock
The
$15,632,686
3,836,401
deductions
and
share
with
for
stock.
common
106,035
(net393,867
approved a
elimination of
cordingly
receive
598,023
Shares
holders of old common stock will
L, $13,302,470 $14,308,152 $15,526,651
income
stock
Each
bents.
common
of
Non-operating revenues
51
—V.
p. 2366.
J.—Recapitalization
16
provides for the creation of
plan
,common
1946
40,648,638
at
ended
31,
of
all
of
synthetic fabrics to
the Men's Wear
trade.
Verney Corp. of New York will move to its new
Madison Avenue, New York, N. Y.~V. 167, p. 2367.
$1.28
cannot declare any dividends, nor can it acquire by redemp¬
any of the outstanding 6%.% preferred stock.
preferred
10
par
stock,
1947
47,697,822
Net operating revenues
on
$3.86
—V.
otherwise
or
tive
of
$51,000,292 $54,956,790 $53,172,405
Operating expenses and taxes
Dividends
$0.43
the
,
1948
Operating revenues
etc.,
$2,125,196
31,
Dec.
distribution
and
15,
Period End. May
$705,260
stock
Dec.
at
as
as
company
tion
of
as
deficit
June 11 announced that the name
been changed to Verney Corp. of
the
Virginia Dare Stores Corp.—May Sales 14.3% Higher
118,302
314,800
$234,964
June
on
possible
payments.
Dividend accumulations
The
Union Electric Co. of Missouri (& Subs.)—Earnings—
Gross
32,285
1,097,100
$1.02
preferred
$6,154,653
as
State
the
and
fabrics
West Penn Electric
make
exchanged
lirtsrest,
22,539
107,600
948.
shares of the
Months
58,560
294,000
offices
dividend
-
Management Co., 100% owned by Ulen Realization, has direct
of the Greek company, and in addition is now engaged
Agent
will
has
58,750
share
p.
167,
675,103
64,448
taxes-
stockholders
which
administration
Purchasing
$1,872,215
812,047
21,009
United Piece Dye Works, Lodi, N.
The
the reservicing of the debt," he added.
stock in the Greek company represents a
selected
167,
will
Payment
45 Milk St., Boston, Mass.—V.
Unit Changed—
on
unit handles
This
July
Power
one-half interest
in that operating company which at present has a contract for opera¬
tion of Athens Water Works and is also doing some small construction
under' special agreement with the Greek Government.
"Negotiations
are now in progress," -according
to Mr. Tyler, "with the Greek Gov¬
ernment for a new operating contract on more favorable terms and
for a construction contract for the purpose of Increasing the water
supply to the City of Athens, which may be of considerable importance."
Ulen
$4,131,076
229,401
United Fruit Co.—-New Director Elected—
William H. Claflln, Jr., has been elected a director.—V.
167,
settlement of
Ulen's
$615,512
$563,180
per
interest.
and
President,
Worsted Co. Inc.
York.
Around
21,969
income
Earnings
—V.
an opportune time for the resumption of negotiations with
officials of the Republic of Poland with. a view to the
this may be
102%
Vefney,
Verney
worsted
1948—9 Mos.—1947
improvement.
constant
at
Sales—
and the activities of its major indus¬
"The directors of Ulen believe that
the Republic of Poland
tries show
-Earnings—
250,879
(net)_
Income
1962,
Verney Corp.—Name of
New
$1,188,588
-
deductions
(& Subs.)-
President, now
Societe Anonyme Hellenlque des Eaux des Villes d'Athenes,
ail of the shares of Ulen Management Co., Ulen
dition of
Net
$0.44
1948—3 Mos.—1947
deprec.,_
<
Federal
15,
Colony Trust Co., trustee,
Gilbert
operations-
Interest
Environe;
et
from
Depletion • and
Engineering Corp. and Ulen & Co.
Mr.
Tyler further stated that reports coming from the National
Economic Bank of Poland with relation to the general economic con¬
?
$1.10
"
Period End. April 30—
portfolio $7,519,000 par value of National Economic Bank
sinking fund bonds, due 1967; 1,250 shares of the Greek
its
company,
12
$0.58
Old
debentures
be made at
$244,889
752.
United Electric Coal Cos.
of Poland 8'Jo
in
$566,720
cash
according to Victor M, Tyler,
Ulen Realization Corp.,
in
the
or
bondholders until
Co.
Power
the
167, p.
$338,700
;
for account
2367.
of
paid by Maverick
County Water Control and Improvement District No. 1 of Maverick
County, Texas, for the assets of Rio Grande Water Power Co., of
which Ulen held $1,303,000 of 5% income debenture bonds, due 1976.
m addition to the cash payment, the Maverick County Water Control
also paid $250,000 of its 2% 40-year refunding bonds, which are being
held by Marine Midland Trust Co.
as trustee for Rio Grande Water
Piree
profit
class B share
for
amounting
holds
net
Earned per
cents
90
payable July 1, 1948, to stockholders of record June 24, 1948.
the
dividend
will
come
from
the
corporation's
share,
share
Funds
Estimated
July
the
-
p.
Ulen Realization Corp.—90-Cent Liquidating Div.—
Redemption—
There have been called for redemption on July 15, next,
of the sinking fund, $61,000 of 15-year sinking fund 3%
Co.
and
Confederation
Proceeds
In
Aetna
five
Life,
will
was
addition
the
to
New
New
York Life Insurance Co whiri*.
York Life, the purchasing com¬
Life Insurance Co., Connecticut Mutual Life Insur¬
Canadian companies, Sun Lifo. Manufacturers Life,
be
plant modernization
North
used
American
by
proaram
the
Life
and
corporation
Crown
for
Life.
completion
of
its
and general corporate purposes.—V. 1670
Volume 167
.
Number 4709
THE
COMMERCIAL
ft FINANCIAL CHRONICLE
(2695)
Stock Record «» New York Stock
DAILY RANGE OF PRICES:
Ranfe for Previous
$ perthare
t perihare
•66% May
90
Range since Jan. 1
Lowest
Highest
87%
Jun
tperthare
80
July
45% Feb
11
55% Jun
14% Feb
11
Apr
60
13 y, May
38
May
18%
Oct
55
Jan
42
40%
Oct
130 Mi May
6
May
100
10%
38%
Not
112
Dec
6%
31%
Jan
75
Dec
101
Feb
Dec
44
Jan
27%
Dec
48%
Mar 11
37
Feb
Feb
7
24% Feb 28
107
10 Ml
104"
Dec
164
18
12% Nov
May
May
202
Nov
22%
29% May
8% Feb
*171
•
3
Mar
Oct
28
30
uJan
39% Mar
25
Feb
90
Deo
105% July
42% Oct
81
Mar 24
J0% May
91
Jun
99%
24% May
•% May
48
Jan
51
73
Mar
Feb
107
34% May
7
'
50%
"
Dec
36
36
83% Feb
42
Apr
Mar 18
20
Mar 11
Jan
77%
Jan
58% Feb
17%
Feb
Mar
50
Dec
-
Feb
110% Nov
7%
Dec
9
9% Mar 17
*35% Mar 19
103% Feb
Feb
99
Dec '
r
46
7% Jan 13
51% Jan
6
18% Mar 9
3% May
75 %
166
8
26
3% Feb
11
Mar
70% Feb
6
Sep
196%
167% Feb
21
May
54%
Feb
37% Mar 16
May
20% May
103% July
IIS1/*
Jan
91
Mar
8
28 Va
Feb
18% Mar
5
94
47%
19
110
8ep
Feb
56
Oct
Aug
26%
Feb
104 Va Jan
43
28
Feb
24
16% May
4
18%
Dec
24
Feb
16
Feb
13
88
Dec
102
Mar
88
Jan
5
38%
Dec
101%
48% July
118 Ya Oct
Deo
25% May
46
3% May
13
6%
Jun
16
Jan
33% Feb
10
94% Feb
11
7%
Jan
22
3
37
25%
Deo
101%
Feb
July
74%
42%
Apr
5% May
49
65
22% July
6
Feb
0% Mar
65
4
Mar
4
19
Apr
Amer 8c
$7
13% May 18
77% Jan 12
5% Feb
10
18
53
Jan
Jan
20% Feb
11
0%Feb
88
Jan
25
26% May 20
8% May 21
Apr
16
92
6ft
Jan
Oct
10% Feb
11
15% Jun
14
May
14%
Nor
13 % Jan
5
17% Jun
18
15% May
108
Deo
30%
Feb
18% Mar 17
26% Jun
3
Jan
95% Feb
6%
12
118
27
108
Jun
7ft
I per thare
f per thare
18% Jun
80
28%
Deo
'
7%
Deo
101
1
15%
*25% May
127
Deo
8%
147
Dec
8ep
16
79 % Feb
5
Feb
0% Feb
11
July
Mar
24 Ya Mar
125
9
9
Mar 23
14%
Dee
Deo
Feb
7
Feb
17
Feb
29
Feb
10
Feb
129%
117%
*
11% May
170
Doo
17
186
8% Jan
Feb
81"
11
Feb
72% Feb 21
86 Va May 14
Feb
Oct
Feb
12% Feb
164% Apr
13
6
16% May 21
176
Jan
27
9% Aug
16%
Feb
10
9
12% Jan
9
15% May
22%
Feb
16% Feb
14
25% Jun
16
42%
Oct
46
Apr
12
Dec
38% Feb
46% Feb
11
70%
11
68
May 27
34
Jun
r
48% May
142
Dee
32
172
July.
Mar 10
Mar 19
*0
Mar
31
131
Dee
158
Jan
25% May
23% Jun
37
Feb
21
Jun
29 Ve
Jan
May
May
47%
Dec
34
139
Deo
136%
i
116
18%
28% July
140%
Oct
10
149% Jun
fl
Apr
138
174%
DM
82%
Oct
Feb
Feb
163% July
41% May
*110% Oct
7% DM
26%
Feb
80
Dec
120% Aug
8% Dec
Jan
60%
Mar
Apr
27
25% Feb
27
18
Jan
21
147% Mar 17
54% Mar 29
132
Apr
46% Feb
116% Mar
7
Feb
Apr
-a»
.
•1
Jan
21
76% Mar 16
6
Feb
17
62% Jan
16
7ft
6%
6%
17%
40%
39%
6ft
May 21
129
Jan
6
20% May 25
158% Jun
68% Jan
Mar
•
10
5
9
May 26
Jun
10
8% Apr 22
55% May 24
104
Jun
2
111% May 24
8% May 21
67
•.
May 19
American
Sumatra
American
7ft
Works Co
Woolen
Amer
Zinc
Load
39%
;39%
39%
38%
39
6%
6%
6 Va
92
CLOSED
11
60% Jun
14
18% Nib 11
36% Jun
16
14
20
6
Mar 17
107
i
Apr
1,700
92
15%
18
26%
112
< per thare
19%
19 Va
19%
94
94
' 8%
9%
8%
33 Va
33%
33%
•132
135
•132
7%
7%
33%'
33
10%
10%
10%
25'a
25%
♦108
110
82
15
18
17%
17%
100
25%
25%
25%
10,100
109
Wednesday
♦109
Thursday
June 10
\9
•93
18%
19
18%
93
93%
94
94%
8%
33'A
33%
•8%
33
135
135
8
•7%
33
•32%
10 %
10
92
92
83
83
16%
16%
16%
16%
16%
16%
♦171
10%
173% *
♦171
11
10%
2,300
138
♦7%
10%
10%
200
21,300
93
83
84%
16%
16%
173%
16%
♦171
11
600
33%
92%
-
10
8
♦32%
10%
92%
800
33 Va
*133
8
33%
83%
11%
190
8%
33
135
8
2,800
'
8%
8%
33%
33
9%
tharaa
18%
94%
8%
♦132
Suite tea
the Week
• per there
19
83%
173%
109
Friday
8 perehara
92
10%
1,900
June 18
June 17
1 per thara
93%
*171
15
BALI PRICES
84
Va
92
15
*17%
18
92%
1,600
1,600
31,000
173%
10%
10%
13,100
24
24%
24%
25%
25
25%
24%
247/a
*24%
42
42
41
41%
41
41%
41%
41%
41'A
41%
'580
67 Va
67%
66%
67
65
66 Va
65%
65%
65
65%
158 Va
6,100
158 Va
159
♦158
158%
34
159
34%
•133
34%
135
34%
♦132
34%
135
35%
33%
34%
26%
26%
*26%
26%
20
20
20%
20%
38%
38%
37%
.*125
128
155%
68'A
31 %
.
68%
119
34%
370
34%
♦132
1,000
135
34%
34%
33%
34
26%
20%
26%
25%
26
20%
20%:
20%
20%
1,100
37%
37
37
37%
37%
1,500
*125
128
20%
155%
57
142%
67
119%
128
20%
19%
156
155%
57%
57
142%
140%
♦125
128
19%
20%
19%
155%
155 %' 155%
57%
142
137
67%
68%
119%
57 %
69%
119%
119%
•
.
7%
66"
40%
43%
31%
107
-
57%
3,500
.
.
1
•
900
■
'
—4.
14,200
12,900
800
68%
460
7%
4,000
52%
-
5,700
119%
68
119%
■
1,700
138
7%
7%
7%
7%
7%
7%
7%
9,400
51%
52%
102 %
103%
•101 "
104%
♦101
104
♦100
104
106
•101
106
•100
106
*103
108 :
♦103
7%
*62
39%
42%
30
7%
66
40%
42%
30%
♦106
107
51
52%
50%
7%
7%
7%
♦64%
66%
*64 Va
39%
40%
39'/.
42%
30
107
43%
-
60%
*60
62
60
34%
x33 %
34%
36 Va
12%
12%
*12%
13
33%
12%
12%
50%
66%
64%
64%
100
40%
39%
40 Va
17,500
43%
2,310
2,600
43%
60
34%
•12%
«*«».*
7%
106%
•"
300
'
7%
8
43%
29%
60
32%
51%
•106%
30%
107
60%
-St..
34%
135
'
7%
42%
67%
119
7%
•62
•106
57%
♦132
156
26%
•125
156
♦34%
135
156
34'a
128
142%
34%
158
2,400
26%
37
20%
158
25
33%
38
56%
69%
34 Va
♦132
*20
141%
120
7%
39%
155%
57%
142
120
M
19%
156 Va
56%
141 %
No par
♦125
|
197/a
19%
24
18
7%
33
*107 Va
92
15
15 Va
84
108
31%
135
25%
♦82
92
94%
•103
Anderson. Clayton Sc Co
Anderson-Priahard Oil Corp_
Andes Copper Mining.
33%
15
♦17%
85
No par
com
1
Copper Mining
9
*82
93%
Anchor Hock Glass Corp com..12.58
$4 preferred
No par
Jun
3
7,500
7%
Tuesday
53%
5
38% Jan
4
24%
7%
June 15
103 Va
Anaconda
46% liar
24%
7%
♦47%
84
f
Anaconda
28% Mar 19
100
24%
7%
94%
,10%
28
2
98% Feb
47%
24%
7%
♦107
52
Cable
47%
24%
7%
25%
112
7%
100
45% Jun
*
49
24%
15%
26%
♦32%
9
41% May 27
Wire
♦47%
*17%
.
• P«r there
■
2,800
7%
♦82
15 Va
June 14
,
1,400
6%
24%
49
19%
STOCK
39%
6%
7%
♦47%
.
94%
EXCHANGE
900
39%
6%
24%
'
Monday
f per share
4,600
65
6%
49
7%
18
39
6%
1,200
12%
12 Va
♦62%
39
1,300
73
12%
64%
*107
28
16
♦72
11%
25%
100
11
Feb
10,600
73
♦62%
15
No par
No par
30
7,500
3%
72%
73
12
11 Va
$5 prior conv preferred
16%
3%
64
•103
Smelt
16%
16 Va
3%
11%
ios
Sc
X16%
16%
3%
64
common—No par
$4 conv prior preference
17%
16%
12%
173%
Ino
17%
63
♦17%
800
1,200
3%
11%
25
38
17%
63
49
1,800
16%
12%
11
preferred
16
37%
63%
•82
preferred
100
American Viscose Corp common—Id
5ft
preferred
100
Water
104 %
*17%
72%
24%
*7%
10,900
6%
72%
6%'
40
38%
6%
3%
*47%
r
6ft
Am
37%
104
6%
3%
•171
Tobacco
39
1,500
94
6%
17%
16
American Tel 8c Tel Co
American Tobacco common
39
1,700
20%
6%
16%
6%
100
Stores
39
3,100
19%
•92 Va
104
1,700
46%
20%
39%
3%
S
Foundries
38
104
39%
105
46
♦19
6%
16%
No par
preferred
♦92%
500
108%
39%
17%
72
47
1,700
24%
107 Va
39%
„■
1
common
♦24%
*
108%
6%
LOW AND HIOR
preferred
Steel
25
♦107%
260
48
99
12
1
Seating Co
Ne par
Ship Building Co
No par
8s Refg common—No
par
non-cum
39
17%
100
American
25
47 Va
♦98
63%
-
10
No par
No par
Snuff
39
38
17%
June 12
preferred
American
25
108%
104 Va
*: 3%
72%
72%
No par
No par
eom
39%
105%
3%
100
com
39
105%
16%
Smelt
7ft
47%
106%
par
Saturday
American Safety Raxor
Amer
48%
20
6%
American
Am
,47%
20.,
39%
106%
39%
100
San'y
24%
♦107%
94
No par
News Co
Amer Rad 8c St
25%
108%
94
100
Light
24%
*107%
.*■
95
30% Feb
For footnotes see page 26.
Jan
Apr 22
5
24% Jan
120
69%
18% July
24% Dm
18
Jan
9
6
11
Jan
111% Mar
26
70
10%
46%
34%
Jan
35% Jun
144
36% Mar 17
•8
Nov
101% Nov
140
14
95
Dm
11
35% May 18
15
Oct
Mar
25%
108%
177
*91
American
Feb
42
98%
♦93
American Stove Co
No par
American Sugar Refg common
100
7ft
preferred
100
Feb
28%
48%
98%
•176%
96
27
110%
,
48
97%
19%
41
103%
98% DM
47%
97%
20%
'94
22% Mar 12
May
MH May
176%
47%
99
20%
1
preferred.:
preferred
$5
176%
174%
47%
99
19%
18
May 10
34% Feb 13
116% Mar 15
68% Jun
8% May
63
May
•0
163% Jun
$6
J
176%
176%
47%
46
—No par
preferred
Power 8c
3,400
20
preferred——.100
American Molasses Co
Amer
12,800
20%
—50
preferred
American
700
5%
87%
48
No par
American Metals Co Ltd com-No
par
2
110%
5%
86%
19%
.No par
No par
common-
110
5%
87%
20%
40o
Amer Mach 8c Fdy Co com
33% May 21
11% May 15
95% May 14
8% Feb 28
111
5%
86%
5%
87
21
Amer Machine 8c Metals
6ft
3,300
20 Va
Par
17
1,400
x20%
Hbfhe Products
10% May 27
34% May 15
Jun
14%
40%
xl76%
1
.
21% May 24
94% Jun 10
135
14%
40%
21%
No par
Jjfififerred—
cum
14
41
49%
STOCK
EXCHANGE
3.90ft
109%
5%
86
20
13%
40%
♦109%
48%
19%
NEW YORK
V
65
21%
_20
t per thare
39%
16%
*
,
76%
I per there
Jan
32% July
28% May
7
Dec
85
Range since Jan. 1
Highest
Lowest
Highest
64
97%
STOCKS
Year 1947
Loweat
Co
preferred
■ante for Previous
V
1,600
8,900
66%
♦65
48%
24%
American International Corp_No
par
American Investment Co of 111
1
American Locomotive common
1
9
177
32,900
59
29
41
5%
8%
8%
59
40 Va
87%
1,300
27%
109%
5%
51%
61
13%
87'/a
4,500
27%
42%
5%
100
.
60
110%
88%
51%
9
800
48%
115
27%
*109%
*107
No par
non-cum
8%
5%
♦46%
60
65%
13%
43%
5%
200
27%
26%
13
111
1,600
114%
.
51%
97%
..10
com
preferred
American Ite
8%
*59
'
48%
.100
-
preferred
American
13
8%
51
30%
5%
..10
Foreign Power com—No
conv
50%
30
48%
115
..10
com
American Hawaiian SS Co—
American Hide 8c Leather com
5
50%
♦65
5%
preferred series A. .100
$7 2nd preferred A
$6
5%
1
200
,38%
94%
8,400
♦94
95
112%
700
91
'
38%
30%
•48
114%
8%
88%
.100
American Encaustic Tiling
15
47% Jun
8%
5%
48%
112%
*89
38%
29%
66%
177
No par
American European Secur
American Export Lines Inc
4% May 15
9
89% Jan
Oct
51
5%'
♦48
91
38
♦94
13%
x42%
__1
-25
.100
Distilling
♦89
39%
*65
43
American
91
7,200
14
111
conv
1,700
35%
66%
100
preferred
30 Va
*13Va
No par
conv
30
35
*65
com
3% ft
43% May 17
5
7% Jan
10%
13
Va May 26
107% Jun
3
20
100% Mar
9% May
3
(
59
4% ft prior preferred
American Cyanamid Co
41
37% Jan
*34%
May
Apr
90
65% Mar
9 Va
50
27%
American Colortype Co
American Crystal Sugar
3
16
Jun
9%
Jan
15
Jun
7% May 20
17% May 18
Jan
Dec
Va Jun
94
50%
59
5ft
19%
30%
35%
5%
48
26%
American Chicle Co
19%
30
96
115%
3,500
X35
30
5%
191
30%
95
48
1,600
36 Va
30
114
100
' 11%
190
19%
700
100
11%
30
30%
30%
6
8%
class A—. —1
19%
300
3,400
109
35%
37%
58%,
preferred
191%
♦88%
115%
49%
1
191
19%
98
26%
conv
191%
40
57%
cum
*93
11%
91
48%
114%
American Car 8c Fdry com—No par
7 ft
preferred
.100
Amer Chain 8c Cable Inc
No par
May 18
20
*48
Petroleum
common
100
*11
39%
26%
107% May 13
2
Feb
Jan
3
22% Jun
-50
preferred
Corp—_No par
Agricultural Chemical-No par
convertible
'
74
32
31%
*93
11%
■'
6
♦71
32 »/a
100
♦96%
3030%
7,800
109
*88%
98
15,300
73
32
"
preferred.— .100
7%
21
51
No par
4ft conv preferred.
Amer Cable 8c Radio Corp
American Can common
May 21
Jan
2
6%
115%
49 % Jun
5
16
Dec
41%
14
100 Va Jan
27
40%
3%
49 Va
109
19%
31%
•96%
3%
49%
109
191
10
3%
109
11 Va
3,900
1,900
82
49%
*71
32%
3%
19%
♦80
♦95%
•
19%
36%
com. W_1
3%
300
24%
19%
81
1,200
5,900
112
3%
20%
49
73
32
24%
♦105
3%
109
192%
19%
30%
American Bosch Corp
Amer Brake Shoe Co
3
Jun
191%
20
36 Va
3%ft
6% May 18
92% May 14
177'
194 Va
31%
Co
3%
49
*71
11%
36%
Leather
3%
48 va
100
*11%
American Bank Note common— .10
6ft preferred
..50
14% May 14
43% May 15
Jun
.,•95%
90%
American Airlines
18
i
32%
90%
6ft
May 19
111
20
30%
35%
_
preferred
24%
112
3%
*80
100
4%
Mar 22
Jun
193
24%
♦105
3%
80
109
11%
*19%
24%
112
20
109
96
11%
—5
21,900
13,600
3%
72
32%
109 Va
96
1
No par
1,800
15%
'
33%
gtd.100
6%
39%
14%
80
3%
Dye
45%
39%
15%
*107
49%
&
45%
39%
15
20
3%
*108%
46
X39
15%
21
72
par
*45%
39%
82
♦80
48%
Amer
49% May 21
20% July
Deo
68
20%
82
3%
Amerada
Mar 22
29:
21%
46
3%
71
Chemical
2
70
21%
•80
3,000
v
21%
24%
112
3%
5%
55
21%
39%
24%
*107
3%
49%
Amalgamated
9
26
14% Mar 16
Dec
10
112
3%
100
Alpha Portland Cement
May 21
Feb
Feb
2
Jan
25
17% July
86
50
*105
10
5%
54%
14
15%
,
2,200
22
22'a
•45%
.39%
15%
Allls-Chalmere Mfg common
No par
3%ft cum conv preferred
100
3
52% Jun
40
"
BKermt
95
21%
21%
46
3%
West Ry
Industries Inc
*
May 21
6% May 17
121
♦45%
39 Va
Mills Co Inc
No par
Allied Stores Corp common—No par
31
Marl6
Dec
80
May
May
107%
5
31
Deo
20 % May
65% Dec
9
25% Mar
v.
Jun
45%
71
Allied
42% May 27
98
5%
there
77%
♦85
54%
24%
Allied Bad Co
3
11
Dec
11%
Jun
5%
54%
49%
Allen
34% May 20
37% May 15
91
5%
54%
1
Allied
30
25
Feb
Apr
50%
21% Jan
5%
54%
22%
15%
5
Allegheny 8c
May 17
86
Jan
8%
14
198
5%
54%
39%
$4.50 preferred ——_——LNo par
23
33% Feb
Oct
35
8
11
•
5%
45%
100
77%
95
22%.
Sales tea
ike Week
i per
77%
*85
54%
25'a
Allegheny Ludlum Steel Corp-Nq
May 24
Apr
11% Jun
11
Mar
18% Mar 13
Feb
36 Va
96
76%
95
23
14%
Inc common—
76%
♦85
55
—.100
$2.50 prior conv preferred-No par
May 21
109
2
5%
I per shore
22%
24%
4%% preferred—
Allegheny Corp common.
5%% preferred A
May 13
34
,
7
Mar
5%
76 va
95
Friday
June 18
June 17
I per there
76%
1
Alabama St Vicksburg Ry
Alaska Juneau Gold Mining
Aldene
76%
♦85
No par
Corp
Air Reduction Inc—I—
May 18
76%
Thursday
June 16.
I per thare
95
PRICES
Wednesday
55
CLOSED
No par
Corp__lo
Addressograph-Multigraph
Jun
90
Apr
Corp
Admiral
75
EXCHANGE
1
15
4% May 15
50% May 14
10
70% Jan
-10
Steel Co
14
4% May 20
21% May 21
80% Jun
2
76%
STOCK
BALI
June 15
$ per there
*85
2.50
Adams Express:
Adams-MUlis
t par there
HIGH
Tuesday
June 14
No par
No par
eom
Co
Jun
108
2% Mar 15
Feb
Acme
Motors
15% Jun
75% Mar 19
76% Nov
7o%~iToy
40
1
27% May 15
3% Apr 14
14% Feb 26
102% Aug
5% Feb
2% May
25 Mi May
56
13
10
22% Feb 20
Feb
3%
Abbott Laboratories
ACF-Brill
9
AND
Monday
Jane 12
Abraham St Straus—
May 14
6% Jan-
6
7% Feb
Feb
16 y«
Apr
28% Feb
Feb
Dec
23 %
'
Oct
100
Saturday
Par
23% May 15
46 % Jan 27
41 Mi
Feb
LOW
STOCK
_
2
6
11
Dec
10%
79% Jan
Feb
4% Feb
1%
YORK
EXCHANGE
8 perthare
64% Mar 17
Jan
110
NEW
Highest
IMlM
FOR EVERY LISTED
STOCKS
Year 1947
Lowest
Exchange
WEEKLY VOLUME OF
YEAUYIIAN6E OF SALE PRICES
15
"
43
31
*30%
31%
♦106%
106%
100
•59%
60%
34%
35%
:
: 600
68,800
60
35%
13
6,300
.
12%
...
12%
;
30°:
Jl
COMMERCIAL A
THE
(2696)
16
YORK
NEW
Feb
Oct
28% Feb
14
Feb
25% Feb
11
37%
May
109%
Feb
90
Feb
17
11% Mar 18
91% Feb
18
Jan
41% Feb
10
56% Jun
110
Feb
88
Jan
29
99% Jun
14
3
114% JUn
10
19
Jan
18 % Jun
2
91%
Deo
"Sep
104% Mar
14
20%
Dec
132%
Feb
100
Dec
134
Feb
94
66
May
Dec
112
9%
7*
2d
35
Jun
11
11
Feb
96
Mar
3
Jan
19% Jun
61% May 18
47% Mar
l
Feb
45
Feb
24
Feb
25% Jan
6
Apr
Mar
40
68
Jan
22
Dec
77
Atch
107 % Jun
14% Feb 11
30
Feb
21
114
25% May 21
Atlas
67
Apr
73
53% Jun
7
64% Apr 16
Atlas Powder
Dec
121
104
July:
Mar 30
Jan
13
Jan
29% Jhn
12
May 28
27%
15% Apr 23
13'
Dec
Dec
7%
4% May
Jan
Feb
4% Feb
par
99%
99%
98%
98%
98%
114y*
114%
114'/*
114'/*
par
ft
•17
1
•'
•17
18
16%
,
18y*
15%
18%
100
109
Dao
49
Line
—10
34
com—100
F*
13
Dec
19
13% Feb IV
Dec
24%
Feb
7% May
16%
Feb
11% May
25%
Feb
108 y*
108'/*
106
107
105
106
180
103%
103'%
104
103%
104
,170
34y*
34%
33%
33%
32 y»
33
32%
112%
114
112
112%
103%
104
104
104",
nay*
113
3
15% Feb
42%
11
27y* May 15
ley.
Feb
13% Feb
10
69-*
Feb
60
Feb
11
Dec
55%
Jan
103 y*
104
18%
18'/.
18%
57%
45%
Dec
20%
Apr
39%, Dec
8%
Dec
19% Feb
20% Apr
59
,
9>
37
Feb
'46
Jun
24% No*
lay# May
35%
Deo
62
31
54
Feb
4
23'/» Jan
13
83%
Dec
110'/a Jan
85
17%
Dec
20% Aug
108'/* Feb
,
16y. Mar 10
•6%
Dec
12
Dec
Jan
40
6% May
29
88
Feb
Feb
2
May
110
•14%
12%
ley#
Mfg Corp
Co
of
90
4
Jan/
(R
8
100
Jan
A
4 %4
*36
72
•68
72
*68
72
*68
72
48%
113
Oil
3%R
Jan
18% Mar 18
24'/* Jan,
103% Jun
15
38% Jun
O
17%
25% No*,
28% Jan
Sep
21 % May
Feb
Jan
68
98%
97%
98%
' 23%
23
23
23
23'/*
."3,800
55
56
56
56%
55
56'/*
2,160
53
: 53
•103%
110
'
/
••
'
25
7%
19% Mar 22
11
16
May 1
23% Jan 20
21 y* Jan
,
2
26
77%
Dec
103 %
Feb
78
Jun
18
May 25
87'% Mar 10
24%
Dec
35'/.
Jan
23 V* Feb
14
19%
Apr
32%
Oet
25
Feb
17
30% Feb
27
133%
Dm
; Jan
*125
Bell
•14
17
11%
Apr 28
9% Jun 16
Jan
f 25
# per share
I per share
29
36
.
14
Jan
26
*13
35%
Ho*
Best
28% May
14% May
Feb
It
Feb
15
Feb
'■
:
'
11
41% Jnly
24% Oct
32% Mar 15
21% Feb 10
No*
89
Fob
29
89 '
Deo
118
Jan
14
Deo
67
Jan
May
35% Feb
7
Deo
13%
Fob
Deo
99
Jan
18%
Fob
9%
Deo
May
40% Feb
23% May
30% No*
90
31%
63
Deo
15%
109%
Dec
28%
25% Jun
93
Jan
2
7y. Jan
8
Feb
Feb ;
5
27
Feb
Apr
90% Feb
13
27%
Fob
17% Feb
20% Ho*
Jan
May
Dec
125
14%
86%
25% May
80
29
23%
.
Dec
80
104%
May
64
Jun
12% May
11
100
95%
.
-
65"
83
16%
,
Jan
24%
Dec
9
13% May
•4% May
If
May
184
MR
Apr
•1% DM
1% Dm
«% May
Rl% May
12% May
Dee
*
Dm
3ft
Dm
li May
108% Jan
22%
27%
17%
B
Inc_r
i
.
Jun
16%
17
16%
88
Jan
12% Feb
13
17% Jun
Inc
preferred
10'/* Jan
25 Vb
25'/#
82
83 '
36%
36
36%.
yXi 36%'» 37y«r ■'#<
*
35%
Fob
Fob
Fob
1% Mar 12
6% Feb It
24% Fob 11
13% Mar 26
li'/*;
10
;■
108% Jan
36% Fob
Feb
11
14% Mar If
10
page
13
26.
liar
«
88%
88%
40
12%
5,200
r
130%
35%
11
v
'-.V.
"X'?
21%
16%
7oo
10
1
16%
,
25 y8
29%
35%
7
'1 " 1,400
'i- A':, 700
80
29%
>
36%
•137'/*
34%
32,200
900
138%
35%
;./•
2,200
'
T;"!f 9% ;" 97/#
9%
9%
9%-
i,
PRICES
97/a
/
3,900
>26%
:
Watch
i
l
.
common.
31%
'•IT
9
33%.
23Va
25%
33 ;•>
V /
17
♦44
33 y*
81
26%
31%
16%
47
<'
18%
31 Va
:
-
*'
82
/
317/#
16%
81%
■
•
25%
:
*80%
r
*
21%
•123 Va
11 ye
21
*29
'
23
71
91 y*
21%
71
■<
92
Bush Term
4%4 preferred —*
Butts Copper ft Zinc!
Bldg 74
...tt
20
19%
19%
x4l%
41%
4Q3/*
41
24%
237/a
24
19%
97
•96
•
■grow Jaokse* Oe
20%
96
v'„
21%
*123%
V
*71
'ii%-';
72
.:
Vr/'
*77',:
:,
17%
-
10
V
23%
8,300
13,700
>■'
71%
71%
•39%
90%
'•
80
:
97%
*97
*96
98
•92
98
*77
80
•77
•;
80 "J.
t
17%
17'/#
io y#
.
9%
.
*93
*92% i 943;
•
19 y*
19
i
39%
39%
23%
*22%
...
'•'v; *97
r 98
17%,
17%
9% '10
■15'
94.-'
*93
/
■■
'•(
17%
'14%
14%
86'/2
87"
94
3%
3ya
25%
i4y*
14% '.'14%
86%
88
J
•
',,.
v..
25 V
loi%
■4
h
101%
33'/* "34
..*•
.
>
-
3%
247/»
*101'/a
■
3%
•
*94
.
34V» »
40%
53y3
•r"
40%
•«
35
•
35
•
:* ■'
95
4,900
:
•
20*;
.
14%
14%
2,300
87'/*
160.
1,600
3%
24%
:
24%
4,500
*
101%
io
•!
*34%
34%
3,100
.
101.;
3
15
May 28
i
May 1?
8 y* May 21
31V*May. 7
15% May 21
119
44
Jun
.
2
May 1#
May 26
19% May U
.
"X19 y*
■
California Faokmg common..No par
»4 preferred
*
Callahan
Ztne-Lead
Calumel ft Hecla Con*
CepperJZIft
Campbell W ft C Fdyi
/No par
Can
Dry, Olnger Ale com.—.1.66%
64.26
s- 39%' 40 :.
f *5353%
-^%
2y»
6%;.:-7ye
;
,
*30"
.13%
»:
conr
preferred—Jf* par
Canada Southern. Ry
Co—___1Q0
Canadian Breweries Ltd——Jle par
Canadian
FaalfU
Ry
,
.
*53
;; 2%
•
•
, '
7
39%
•53
2%
2%
.7%
7y*
29%
137/#
.
137/a
13%
*117 ,1.118
117'/* 118%
2%
2%
7
30
/.
♦
67/a
.
53
2%
7
..
43%.
*17%
.•.
isy.
i7%' 18%,
•
18
18%
*67/#
13%
N
.*
.
<
•
13%
13%
13%
13%
115'/a
117
115y2
-44y2
18%
•43%
45
•43ya
•la'/a
i9y*
•18'/*
18%
17% T18%
18%
18%
i8 y*
■
•
"
•'
*
5,800
29
1167/#
i8y2
4,000
67/e
29
117%
•
.
2'/a
*43%
43%
•*17%
r/„:17V#
.
ii7y2
-ii
43 y*
43%
.,53%
2%
29%
'
:
-
3,400
1140
39%
39%
53%
29
29%
"
397/e
39%
53
53%
•
29%
30 Ye
137/e
•••
19
'
'
'
*101%
25 Yt
102
*101%
-
34% ,35%
*
.
.>10
10,600
17
10
.
3%
3%
24%'
25
102
•101%
102
:' 333/*
-V 39%
:
v
;100
87
!-
88
3%.
3%
3%
:24%
25'/*
83
16%
10
94%
i, 14%
14% •; 14%
-86%
/
10
9%
'
,
;
;
so'!
,..
93"
*78
80
it
:•;•
86%
:
88
80
;
17
;•
14,100
97:
*91
97%
1,800
23
97/
98
*91
•
i-'iv,
-i
•
tioo;1
19'/a
40%
23
-
120
'
2,100
39 3/*
*89
19 y*
403/*"
237/#
♦96
*
-
>
100
■
io
11%
39%
19%
19%
40
(
200
1,300
21%
39%.;
*89
'
5
4,500
125
ioy8
90%
39%
.
J'
'
"
20%
20'/*
22
10%
92
>110
i-
-:V 29%
125
21%
-•123'/2
40
1,300
,
*95%:' 96
20%
fc
',.,71
;
,
20%
♦29
*95%
4
comihon__.No par
participating preferred
700
•
33%
99
'
20%
"*
"97% '97%
.
99
29%
11%
•89
24y#
—..100
3,500
'
;
preferred._100
common.....
'
*20
T
v.
22%.
40 v' :
40
'
33y#
'
29
125
10%
■■
l
4,500
v
32 Va
32%
32%
34
20%
96
20
*123%
7
71-;-
*89
100
11
35-
99
:
"
39'/*
V
.
10 7/a
34%
*33%
30
;'l
20
11%
71
39%
■
11
>
1,000
3,500
.
57'
*50
r
;V
p
8%
35%
*97%
20%
•95%
.
125
11
71%
37%
20%
22%
*123%
>
•-
8%
8%
32%
/
34
20%
22 y#
125
■11%
200
900
5%
40%
10%
99
*29 yB
30%
20%
7,300
•
3,800
.7,500
94%
fry;-,
40 '■/
59%
i
"
5.
i
40
35%
.v.
33%
33%
•97'/a
/
95% " 95%
20%
94%
94 %>.:':
..
i
430
'
35
98%
20%
r
4
i
£ 5
*50
357/#
{
100
61%
8%
10%
...>=
33%
y2,
8%
f#
2,200
43
60%
:»*38%
56
10%
x35
1
Terminal
Bysrs C*-(A M)
33
98
:
96 y2
*89'/#
.,
•50-
10%
36%
34%
.
>
,
30%
.
52
-
6,800
43y2
'
If.
^
'
27%
42%
61%
;■ 1/:. ,5
?40
83/»
26y8
43%
*94
5
^
26%
60%
,
947/#
5
40
8%;
'
-
•94
>;.
5'/#
40%
*33
.
'
21
92%
26 %
>
62%
61
*42%
I'
f
/
81%
43%
* >
i
1
•:
.1
32%
,
-
43
2ft'/* f 26%
-•43'/*, 43%
■
60° /'
v
25%
32%
:
,
2,000
.
47
43 y*
267/o
10%
33%
••22%
pfd_.lG0
8i%
3,700
;
16%
.
*44-
25%
*32% "'33
200
18'/*
31%
f
•>.'
I-;/ 25%
'•
43
62 y#
52
98
*29y8
42%
36%
:
Shares
35%
18
•
47
:
43%
8%
35%
35%
•
■ ■
ya
*5
li ;•••'
.33'
44
40'/a
55
«96%
•i;
,
93%
:
•
36%
36%
:<?•"
25
8%
,
A10%
**
82'/a
.
62
-
the Week
pertharf
•34
35%
i
.
18%
"17%
f, *44
.
*34
18%
43%
-
5'/* V
,*52
.
'
.
95
41%
8%
preferrsd._i.ioo
Butler
16
25%
*43
64'/*
5%
li
100
2nd
2
74
*•>
82
25%
43%
..
•93%
Ina_..-—ft
9
3
•
33'/*
44%
r:,-.;:: 41
No par
Co
4
Feb
4T-'"
V'..
June 18 //i
June 17
'
43 %
„_5
...—
Bros
Vv.
Salea teg
Friday
9 per share
35%
"31'/a
32
• 44
83'/*
!:7V
•
18
17%'
347/»
x62%
3%4 preferred —.i——loo
Burroughs Adding Machine..No par
Bush
*34%
18%
*16%
;267/»
83%
42%
25%
/>;,*h«rsdaji'j:\:
I per thare
35'/#
-.-.•31%
.
v'i
"
*34
>■:
*
Co
oonr
:
V
•18%
•4*Wv' 47A."«
34.
June 16
t per share
7
-
Ntag El Corp 3.604
3%4
Wednesday /■
*
June 15
CLOSED
—No par
common.
Jan
May
54
i ■.
; t'-r'i
:1V> 2,200
/: P 14,700
"36% :> 37% • r.
37%' *
137
34%
7,600
1' 5,200
,
25%
78
/
:
l.ioo
21'/*
35%
;.'
36%
1,800
1 700
105
34%'
29%
34%
..
16%
*102%
25'4
4
18%
'
82%
36%
35%
16%
i67/#
36
(
18%
36%
137
34
no
1.700
;
35%
" 17,
21%
29%
35%
SALE
*33
35 %
19
25 '/a
136%
35
12
13'/*
34
:*80
29%
,
138
Tuesday
17%,,17'/*
...100
15 y* Jun
40% Jun
!
.
t 37%.37%
y2;
29'/*
700
89
16%
■'
■h'
20%
"
'
6,500
,;1
22
35%
84'/*
/
38
186%
21 y#
:•.
,
30'/*
25%
35%
I
44. preferred
4% May 18
I
20%
38
;
•*102% ' 105
37
29%
EXCHANGI
^
35 V,e Jun
Ju
19%
:
21%
%
105 <•
.:
25y*
36
*953/*
Bullard
25% May 21
27% Mm If
3,300
86%
17
*82%
35%-'
.No par
Buff
15
U
110
12,100
87%.
*33
84 y*
*
_No par
Bucyrus-Erle Co
3
7'/* Mar 16
1*
Jan
STOCK
74
preferred
100
Budd (The) Co> common..—No par
$5 preferred
No par
Buffalo Forge Co
_,__1
6
23% Feb
Oet
12 '/a
2iy#
*18%
ley#
137%
...j,
3
13
104
45
44%
12%
197/»
■■■■%-•
21%
36%
137%
15
common
18
,100
Apr
18
21%
/'
*102'/a
t per shore
$ per share
No par
79% Feb'26
Mar 17
'45
,
"
Bulova
2% Mar 17
23
373/#
June 14
Burlington Mills Corp common.—1
89
90
1,800
2,600
■
28%
.43%
,
38%
33
103%
Monday
•
1
96
35
•18%'- 19%
17'/*
17%
i
>
/
"
^
367/#
11
No par
3
,
18
•22'/*
;f.
r 34
35
i8y*
35'/*
__ft
Bras*
Jun
16
For footnotes see
ft
elpss A__...
Shoe Co
93.50
21T/, May 15
98 ya Jan
48%
a»%
8
Mar 12
28%
89
13
:
25y*
?35%
Brunswlck-Balke-Collender
'/* Jun '10
Oct
34% Dot
133
Brown
Jun .15
89
Co
preferred
Brooklyn Union Das
3
40
Aluminum
3%4
14
6
9% Mar 16
51;
.50%
21%
13%
13
35%
136%
Ho par
97
78
2,100
77%
86%
90%
103%
T-" * 37%
....2.50
24% Jun
Feb
3%
8%
2
May 1,
Jan
34% DM
sU
9
y# May 15
74% May 17
Mar 16
9,000
29%
'0
44%
19%
:30y*
84'/*
•
—1
...
43 3/* Jun
Feb
Dec
Dec
10
Mar
CO.
14
79'
*89
17%
25 y#
J30
;Far
Mar 31
77
257/a
*76'/*
12%
-
June 12
16% Mar 16
Dee
3
Jan
25%
,
f/'i
38
/
21%
38
'
'.17
!'■
Airways Inc..
2.50
Brewing Corp of America
....11
Bridgeport Brass Co
No par
Brlggs Manufacturing.
;
Nor par
Briggs ft Btratton
....No'par
Bristol-Myers Co common..
2.50
11
Mar 30
197/s
•33
i»y2
;
>
LOW AND HIGH
81
Oct
10
124
29'/* Feb
Jan
88
,
6
Feb "20
15% Mar
Feb
Mar
8
Jan
24 y#
'
1234
38%
21%
13'/*
•17'/a
•
103%
-•
37%
Branlff
96
Apr 30
x22% May 27
.
■:
/
46%
43%
■>
V'
•86% * 87'/a
,
34
35
177/#
22%
22%
*102
'«
3%4
cum preftrrsd
100
Boston ft Main* RR (assented)_10O
Bower Roller
Bearing Co
*—•
34% May 18
*32% Feb ,13
Feb
Jun
Tt
m
Feb
May
6
72
122% Jan
,
38%- Feb
22% Feb
May
May
14
80
Feb
102% Apr
14% May
'
I
^Satirday
—
Co (The)
Borg-Warner Corp
14
37% Jun
15% Feb 11
Dee
37% No*
* Dec
,:v
::
'
-
•12%
i»%
*171%
89
•32%
35%
19%
STOCK
Borden
9
Feb
W)
Ami
Class
'
14
*45%
19'/a
;
21 y#
,'89
13 y*
35
V
t.l
—__
Co
Bond Stores
May 24
32
47
38%
'
87.:
21%
"U
:
*32%
''
1
ft
Bohn
Bon
*:
26
9,800
28,900
'
■;>' 39 ■:*
80%
i
90%
•«»
i3%
.«■
:
lIOO
....
...
215/»
*80
;
1
Laughlin Inc....
Bloomingdale Brother*...
Booing Airplane Co.J
1013/» Apr 27
15% Mar 16 /•■■ 21% May 22
106%
9
J
100
>■
(E
Bliss
19
Jun
71
28%.
'
1,100
16%
15%
'
39
32%
II % May 15
28% Mar 10
93'/* Feb"
Dec
69
'■
85 y2
32%
12
36% Jun
25 y» Mar 16.
Jan
Apr
30y. Deo
120
pfd
85%
21%
100
2.50
Bliss
10% May 18
X273/* Mar 17
52
28
19%
19%
39%
l!
187/a
5% May 15
Apr 28
9% Mar 16
«
36% Jan
13% Ma*
,
35
4
41 % Jun
50
51%,
52%
28%
197/s
19%
15%
115%
.
26%
77
.•
29%
75
28%
•45
600
29
25'/*
29
>:•/:
•51%,
45
21,800
15%
76
12%
.
'
28%
!
44%
-
2,100
6%
-
25%
;/
'
12%
y'r 39%
;
__25
common—10
\:;V
15
Jan
96
2,900
45%
15%
43%.
18%
65
3% Mar 16
28%
16%
15'/#
12 %
35
11
33% Mar 18
12%
16
6%
15'/*
lB'/a
44%
Ho par
24
88
53
27%.
15%
16%
12%
Ho par
Feb
Feb
200
15%
■.
•44%
6%
43%
Blask ft Deeker Mfg Co
42% Feb
Feb
•14%
45 %
15%
76
53
^
60
\ 800
.
15%
6%
•44%
15V#
28%
,
76
;
6%
45
45
27
Jan
51
■
'
6%
45
12%
Blaw-Knox
38
Sep
16
43%
18
Oct
6%
12 y#
16'/#
45 "
15
\
May
19% May
34% May
17% May
43% Jun^
Jan*
•1
30
36
96
4
39%
May
12%
i2ya
BXCHANQB
27% May 15
44% Jun - 9
102
i5y8'
i6 ya
7'/*
'
53
Deo
3% May
32
20 y. Mar
'
-
24%
.7;v.
14 '/#
43.
L»0
HEW YORK
/
49%
38% May
37% May
88%
Mar 17
109%
*22
12%
*43 *
L-l
Steel (Del)
com.HOpar
preferred
,..*.100
Blgelow-Sanford Carpet—No par
Birmingham Bit a trio c*
No par
29% Apr 16
37% May 18
77% Mar 16
41% Mar 2
35
:"
——§
No par
Foodi....'
Highest
11
29%
45%
•74
iwikiv.
28'/*
29
28%
v
X53% '".54 ;
74
I per sh«r«
22% Mar 18
18% Do*
May
25"*•'
28'%
77
;-75
14; / Bethjehem
15
,,
I per share
x20% Fob
May
12% May
18% May
A' / 28%
Co
Jun
14% Jan
-
20 y*
25%
60
common
Co
if
Jun
Rang* state Jan. 1
Loweat
Highest
15
25 y#
—100
...100
50
U—10
Cum pfd 63.2ft ssr of 1946.No par
37% May 15
430
,
-
15
'
•TOCKg
Tear 1847
7%
16*/*
16
; i37/s
4%'%
Corp*:
Best
Range for Previous
Lowest
24 3/*
7%
*
12%
412%
•15%
preferred
138
-
.
»10a'/«
*20%
7'/*
14
12%
iey8
17'/*
15%
'Bendlx Home Appliance*...—3»%o
!
Beneficial Indus Loan com.—10
'
*
*108'/a 110 i
24%
7»/4
16%
50
Aviation
38
Mar 16
11
TjHDoo
;
15%
12%
*
110
%
♦20
15%
(A S)
Howell
4%%
37% May 27
,
A
Bendtx
30 '% May 24
150
108
24%
7%
15%
13
'
*20%
7%
'
'/*
16%
'
Beech-Nut Packing Cb
10
Belding-Heminway —..——I
Bell Aircraft Corp—;
—1
5
20% May 21;
1,440
98%
23
15%
cony pfd
Mills, !Inc_„j
Beck Shoe
2
93% Mar 18
37
113%
98
V 15%
cum
Beaunit
Aircraft
.
112%
114
38,000
98%
15% ;< 15 Y»
16% /ley#
16
15%
__1|
.106
Creek RR
5
47%
23 y#
6%
Corp
Co
Beech
26
113%
200
467/s
477/#
t
Foods
Beech
24%
Fab
113%
2,300
*
—1
•
Beatrice
8
16% May
39%
112%
47%
57
97%
45%
Co—ui
Works
16
11
106 % Aug
48
56%
23%'
45'/*
preferred
Iron
15% Apr
18
Dec
46%
'.!"'6%
common
34 y* Apr
15% Feb
•
1,100
38%
8%
preferred
2
32% Feb
14% Feb
9.000
: 5,900
57%
45%
Bayuk Cigars Ino
'
3,000
19
37
'
Bath
<
18%
19%
37
e%
Aroostook, common
11
Jan
May
18 V.
.
57
45%
5%
Feb
18 y*
.
*
57
.
—Me pat
juie
non-cum
Barnidall
9
39'% Mar
28
Tt
Barker Brothers
8
22% May
,
12% May
10% May
93
18%
common—S
(The)
prof erred
mar
preferred..,
Barber Oil Corp (Delaware)
2
43 % May 15
30%, Jun
18% Oct
103'%
18%
37
4ey#
.
110
So
—i
.
8% Jan
30
113'/*
103%
37
112%
55
Hoi>ar
:
Jan
'
112'%
,
33%
57"
23%
Ames—g
Co
Con*v
15
Jun
4,000
38%
98y*
•7%
Bangor
44% May 7 16'/. Mar 31
,
18
57%
-
ii2ya
98
23%
*22 y.
4 %
'
18
18 y8
.
'
46%
iiiya
100
common
14",
45.'
11
9% Feb 24
18 '
17%
-
•37
72
No par
•ebbm
May 14
287/a Jun
Mar 24
31
,
18%
•68
•68
..No par
Said win Leeometlrs Werko
altlmore A Ohio
31,'/* May 22
80'/. May 12:.
.
x42% Mar 15
28% July
54 % Jan
May
-
18%
i
.
114
103%
common.
Nichols
9AM
16 ya May 1»
1,400
103%
18%
No par
1
preferred
con*
A*oo
3
17 y* Jun
10
Jan
9% May
60 '
18
16% Jun
12% Feb 27
Mar 16
May
13%
100
16%
18%
34%
;
Con*,prior pfd (91.20)
2
150
17'%
103%
103%
v
1.100
Atlas Task Corp—
May 17
17%
,.*16
16%
108'/a
'
Jun
•
18%
"
113%
..100
common—
Automatlo Canteen
7%
18
:
370 f
113%. 113%
114
16'/*
3,100 '
'
ft
Autocar
46
99 y*
«
'
series B,
19 y* Jan.
26
99 y*
:
55%
"
preferred
ley. May 21,
191
Jan 10
38% Jan 28
Fab
■
113%
800
r
55%
99%
•17
13,300
102-
55%
•99
16
480 '
13%'
/
J
1,300
15,600
,
100'/a
13%
101
>1,900,
31%.
"100%
102
55%
17 ya
15%
30%,
108%
104
'
36%
'
J* J6VaV.„-6V*
*31%
33
13%
101%
114'/*
•16'/a
16
,
'
Austin
a
Sheret
103%
-109
104
102
•113-
18
'
16%
102
■
l,
100%
13%
99
102
6%
33
•
31%
65%
Corp
4%
9
9% May 21
26
Feb
17% Dec
15%
55%
102
.r
6%
32%
.30%
13%
56
100
Santa
Proforrod 93.75
24% Jan, 20
20% Feb 25
5% Mar 12
18%
6% May
Jan
114
12% Feb
27%
22% Mar
8
13%
55%
non-cum
9
111%
for.
the Week
9 per there
.
"
11
July
Satee
June 18
99%
56
57% r57%
Feb
May 22
14
K'
100
103
•37% '38%
Feb
Jun
99%
56
RR—Nopar
20
99
13%
,
31%
•102
preferred
.100
Atlantic Refining common.
__2»
41» conv preferred series A..199
15
'
14%
,6 rv
33% '
par
W I SS Lines common—1
91
105
Xl3%
CLOSED
33
-
',..99% 100%
Coast
Q Ac
102
113% Sep
Dec
/
Friday
-
$p0r shore
*
30%
x.5%,
32
7
33%
par
___10
Aug
26% July
Nov
100
Atl
5%
# per share
&
33%
31 Vz
-
32%
99%
common—1
Inc
21% May
91-
Ooods
non-cum
Feb
108
EXCHANGE
•
eom
31%
Atlantic
5,
48% Jun
9-
Illinois
preferred
preferred
Topeka ft
5%
ifF
17
78% Mar
106
Associates Investment Co
115% May 15
3
84
Feb
Thursday
June 17
June 16
-
*5% ;
*33'/* : 33% :
STOCK
No par
Dry
lot
11
"
59
Jun
Asooclatod
May 27
May 10
5
Wednesday
•
I per shore
6%:
6'/*-
•
10
Corp.
Jun
34%
40% May
19
Feb
18%
10% May
Artloom
111
Jan
99
X98
17% May 24
104
Jan
Co of
*
19
26
June 15
• per share
—J
$6 cony prior proforrod
Ho
Armstrong Cork Co eom
No
•3.75
preferred
—No
$4 cum preferred conr
No
Arnold
Constable
Corp..
Mar 12
Feb
Sep
34
Deo
5
12% Mar 16
Feb
99
99
23
Feb
12% Mar 12
17% Feb
10% May
13% Dec
'"Tuesday;*'"'
June 14 ^
-
-*o pa*
«,
cora„
preferred—
con*
Armour
11
106
Steel Corp
4%S
9
Jan
65
31%
Im_
Archer-Daniels-Midland
Armco
lsya May 19
Oct
Jan
Jun
62
A F W Frodueto Co
3
32% May 21
101
Jan
5
15"%
Deo
23%
34% Jun
130%
9% May
38 V*
~14
-
"
24% May
103
Far
6% May 28
»
4% Mar
6%
■
s
$ peribar#
8 per thare
I per thare
nn
mi
JUJW AND HIGH SALE PRICES 4
i
Meaday
;
*
June 12
mm
RECORD
-'
EXCHANGE
Highest
39%
Apr
99
Lowest
Highest
Jun
STOCK
MHYOBI STOCK
Year 1917
$ per thare
m+
STOCKS
Range for Prerieue
Lowest
3%
/Monday, June 21,; 1948
,
£_
30
*"
FINANCIAL CHRONICLE
1
1,200
12,000
430
1
45 "
90
1,100
118,400
i
'■»?
»?
It
i
MtMUfr^matMhlknin«^*y»tf*t*
MjttKutf )« fwle^y irMflfAltol
V.4
Volume 167
Number 4709
THE
COMMEBGIAL.& FINANCIAL CHRONICLE
(269-7)
17
NEW YORK STOCK RECORD
Itn(6 ferfierioM
Year 1947
.Lowest
STOCKS
Mange
-
Highest
Lowest
itneelsB.1
'
LOW AND HIGH
•NEW YORK STOCK
Highest
-
EXCHANGE
-
'•
•
I per than
33% Not
il
Apr
10
-May
5%
47% 'Dee
•
15%
Not
'37
50%
12% May
'
8% Mar 22
110% Jun' 2
^
.
Oct
2
31%,Apr
4
14
35% Mar 30
7% -Feb
47 J
Dec
«%Mar
.
158% Jan
;
54
130
Feb
Peb
Dec
108 %
Jan
130
Dec
156
'Apr
49% May
19% Dec
32%
21%
17
140-
18
«%Neb
28
<
'
7
3
t20y* dan
,x
Dec
Peb
.102
Jan
2
77%
Dec
96%
Apr
79
Peb
4
4% May
12%
Jan
16%
Oct
14%
Feb
'11%
116
Dec
9%
Dec
*22%
Not
«
19
•
21%
r'
Feb
Jan
110%
:
v
-17% Neb 18
i>0
Neb
8
26%
37%
,17%
'
39%
139%
8%
8%
8%
38%
Gerro
de
Pasco
Oopper Corp
32%
33
18 Ve
18 Ve
17
17%
*18Ve
16 Ve
17
•8%
9
7%
7%
106%
7%
108
" 107
*81%
83%
30 %
33 V.
12%
10% May1
r40%
'<
81%
L\
■
20 V. Feb
v
Jan
30%
Dec„
.
54%
3:
Dec
Jan
,.'.7%
5%.May )
—
4% May
2%
37% Jun
29
'4
11
Jan
7% Feb
Dec
-
Feb
18%
29Va
29%
29Va.
'*29
26%
-r.25.%
Jan
24
2
19% Jun
18
2
14
18
20% -iIan
51% May
56
.
26
26%
98 %*
14
14%
*28%
29%
:;-, J5.'':'Neb
n
28 % Feb
11
y
49%»Mar20
45% Jan
15%
Feb
Jan
21
Feb
4%
Not
a;.
'1: "32
WIS-* Jun,
Jan
33
11
3% Apr'
65% Jun
17
1
Neb
18
*
52% Feb
11
29% Jan
Dec
111
4
48%
*94% Mar 11
37% May
-
8
34%
May
78
Dec
36% Jan
•
Not
:<
11% Feb
04
-12% May
23
Jan
20%
May
"s
Feb.
Jun
95
Jan
43%
Jun
115%
Feb
;
35% July
•t
34% Not
107
Dec
27%
Jun
.
106
Not
Dec
,
.
'
71
"
42%
14%
32
109
Mar
57
Dec
140
Dec
154'1
wi-Deo
91%
Jan
42ya Jan
14
Feb
Cincinnati
4%
V
.
>"9 per thart
141
May
161%
■
May
33
65%
May
9
87
■jr.
'
10
Jun;
4
7
„
9
9
■
47% May 19 V
Climax
Molybdenum
Jun 10
v
■
4ft
16% May
Feb
16
Feb
11
; il
Feb
11
,
16 %
May
21% Dec
21% Not
32%
11%
22%
V
!
36
4
30
Apr
4% May
31 ''-Not
••'
10
-
96% Jan
2
25% Feb 14
8V2.Feb
-/
10
29
Feb
7
Feb
V
-
4
,
»r
•.
v
•a
20%
Feb
15%
Mar
•
5
■<
103% Feb 10
Feb
;t
11*% Ma r 16
,1
9
,Apr 30
43 % .Mar 18
v
Jan
19%
•'
11
Feb
19% Feb
-
11
i0J/« Jun
'«
11%
Dec
Dec
30%
Dee
••
Dec
9
May
44
May
«%May
3f
Apr
14% May
48
Feb
Feb
:
104 % July
Apr
44%
Feb
Feb
,
'
27
11
14
page 26.
'3%
Mario
Edison
Consolidated
2
%
Consolidated Vultee
May 27
Rights
17
1
*16%
•
18
19% Apr 16
17%
/•': 15%
'V 10%
,
*'
29
14%
-
•Continental
Steel
107 %
48
32
49
"v
19
;
*80
19%.
38
,
190
90
*85
40
/
*42%
51
No par *•
No par
,
90
39%
110%
660
28%
29%
1,900
108%
*107%
108%
„
78
*77%
*46
.*
49.
0orp_—5
16%
24,
24
V
•
14%
41%
24%
18%
r
'
-
15%
16 Ve
16%
90%
'ft
170
10%
4 10%
*15%
101%
,29
V
27%
41%
40%
25%
41%
95
<
95
'
78
42%
-
J
24%
24%
4,300
17%
13%
18%
>
100
:
3%
19%
19%
16%
16%
470
!
16%
15%
16
470
;
16%
16%
170
,
29%
*15%
29%
29%
3,700
|
29
900
>
10
:
29
14%
14%
27%
*72
27%
11
33%
33%
*30%
31%
; 31
/
5%
5Va
5%
23%
5%
,10%
Csrp_a._1.33%
;
-
17%
17%
17Va
17%
I
10%
10%
10
10
15
47%
100
47%
'23%
__1
14%
24
'
■■47%
V
10%
10%
*30%
5%
23%
23%
24 Ve
105 Va
105%
'16%
48
17
ft
16%
31
..
7
5%
-
100
6t900
■
1,300
3,200
163A
16 Vs"
10 Ve
10%
48
47%
47%
.
\
•
:
700
23%
23%
23%
23%
23%
14%
14%
14%
14%
14%
14%
14%
14%
1,200
14%
14%
14%
14%
14%
10%
ll'A
14%
15%
14%
15
10%
15%
11%
11%
10%
11 Vs
14%
112,100
'
*
15,100
,
"
com—20
38
,
—No par
105
15%
38%
•95
97%
11%
12Vs
59%
61
Oorp__-_^_^__~_J14-~
5%
8%
'
38
•
•96
35%
35
104%
37%
15%
>90
,
35
104%
:
35%
104
1043/4
36
37
36
36%
97 Va
16 Va
•96
97%
15%
15
16%
90
90
•91 %
38
37%
97
*96%
91 Ve
38%
'
.37%
97%
11%
60%
97
11%
-60%
8%
67%;
67%
67%
17%
18%
17%
17Ve
91 Vs-
12
'
38
59^4
9%
'9%
86 Ve
68%
17%
17%
:
'68
17%
69
18
V4
97%
11 Va
9'%
.
3,500
> 50
16,100
„
t
16%
i
*
'
•{'
'
200
1
39
8,000
}
300
97%
11%
9
9%
1,800
59 %•
i
5
680
58%
f
■
94
*91
<
12
58%
8%
:
15%
973/a
11%
*■
900
36 3A
36%
\.*96 ^ 97%
38%
60 Vs
11%
r130
9
66%
15%
104
104'A
35%
104%
>35%
35%
*96
-
97%
*96
"
90%"
38%
I
....
37"%
97%
it
•
104%
38%
97%
1 1
34%
34%
45%
*89
ft
12,100
11 Vs
10%
2%
104%
-
3,400
1
34%
I:
7.100
16%
22%
10«
par
No par
.
t
4
22;000
\
10%
*10
48
J'
1,600
-.*
105% -'
105%
t
,1,200
'
24%
5%.
24 •-.
T
-
'
33%
33%
47%
-
10%
: 47%
J
10% «"•
10%
33%
31%
5%
*30%
1
2,400
12,500
27%
27%
33%
^
83,100
104%
*104
27%
*
3%
23%
Aircraft
-No
27%
104
i
7,100
27
3%
4
520
100%
100
26%
105%
-*10
,
1,000
6,500
23%
Inc
r2
•
.
43
50%
3%
23%
/
105% 105%.,
42%
27
105%
,23%
"
24
-27%
33%
;■
:
3,400
50%
100%
3%
103%
31
200
36 Va "
'
100
■•
1
42 V2
f
5,800
75%
36
51%
26%
3%
11
36%
J'
42,600
10'A
10%
10%
78
50%
102%
10%
105%
36
1,300
29
14
'
.42%
1
27%
102
•(.
:
102%/
27
3%
.
17,300
■*"
19%
*74
,
51%
33%
5%"
:
1/200
-28%
*•
-42%
51
10%
23%
'
330
23%
16%
14%
36%
33%
105%
5,900
23%
16%
'
10%
78
31%
-
270
15%
ft-.
33%
-
'
700
62%
*28%
V\
29
36%
51%
102
Sharet
15%
16
28%
43 Ve
•
Bales for
the Week
170%
62%
23*%
18%
'
14%
'
j
*19%
;
J
14 Va
V
1,800
36'A
Friday
'95
23%
24%
U
19%
14%
14%
43
.7,100
}
1
♦1150
*41%
18%
19%
„
28%"
51%
3,500
'
78%
:
!
2,900
.
I per thare
62 Va
02
25 Va
36%
43'A
9,200
.
,
8Ve
June 18
'170% 170%
95
29%
-
■
'30
145
<
90%
.
Thursday
23Va
29%
10%
36%
*140
Ve
June 17
95
16%
78%
90
1250
i6%
36
87/e.
9 ptr thare
7
61%
41%
19%
36%
17
24
"
*'.
,
49
16%
23Ve
:
Q
145
90%
'
94%
/
"
11
>,
36%
*140
171%
'
'
36.
36%
"
90%
9 per thare
"
29%
8%
•
78
*46
,
16%
9
6,200
*109%
29'A
23%
14%
29%
51%
10%
no
39%
109%
>77%
,
\
190
*107%
145
*30%
ft
1,600
1*1,500 '
38
*169
t
300
19%
4.37 -
)
.
1,100
847/e
187/e
.
/
•
;
'
8Ve
8%
16VB
/
1
7,500
■
28 Va
78%
24
!
600
109%
;
108%
29
•
:
300
47 Ve
39%
,
61%
15% ;
16%
28%
Continental Motors—L—
!—
Conttnental tMl of DOlawam—
:
101
'
Can lne common—_30
preferred
14,100
610
25%
,
84 V#
*85
110%
*23%
79
:
♦3.75
29%
9
37% :
.
29 %
-:
'
10 VA
•
27%
Continental Diamond Fibre
Continental Insurance
—;
"!
*99
32
.
40%
June 16
19 Ve
4
101%
com
25,400
*31%
i.
*169
90
*170
28
Inc
10
64%
29%'
n
48'/#
*.
/
1
Va
102
84.50
Continental
16%
19%
•
•
29,
-
par
4* cumulative preferred
100
Continental Baking Co com—No par
185.50 preferred.
—No par
7
9% May 18
h'
16%
3%
preferred J.
Container Corp of America
17
18%
20
*16 V.
6,100"
"
23%
18%'-.' 19%
—i—i.
Consumer* Power Co
May 15
69% Jun
24%
15%
*
>
24%
41
27%
Co
19%
(.
/'
24
19%
-
V
56'A
BALE PRICKS
94 Vx
100%
Textile
Jan
23%
41%
3%
101%
Retail Stores
98
<941/2
24%
28%
Consolidated
37/a
/
,
38 Va
25%
*8%
37%
♦1100
100%
Consolidated
15
300
•
63%
.
'
\ 61% ,61%
3JA
pfd
3,400
iqo
17%
"
*80
90
90%
-
42
cem^_No par
6ft
12%
3,%
26
32
Wednesday
172
99 Va
27% May 2o
15% May 12
Consol RR of Cuba
172
(
100
10,300
'
55%
i
47%
t
„
190
*140
•
24%
,,
2,600
•
*37,'
101
-,*25%
84
36
*
:
94%
.__No par
Orocars
36%
24%
_10
Consolidated Laundries Corp.
Consolidated Natural Gss__—
1
29%
*97
9%
8%
-90%
■
i
2,800
-
68%
'
64%
•
32.
16%
41%
V
i; _Na par
of NY
64
29%
26%
47%
-
*46
145
27%
Coppwrmines
91V# Jun
*
$6 preferred ,*ei4ej|__—i_*_No
par
Commonwealth Edison- Coi*_—J-28
Con sol
26
9"
_100
,»95 prsferrsd—
3V#
"
*77%
•■:
94%
CLOSED
Ml
:
37%
56
>12
56 Va
38 Va
29%
28
*
■•
1
14,800
'
38%
17%
55%
>37 '
101
f 109 %
■'
17
No par
cem„No par
Consolidated
13% May 21
Feb
South
May 21
"24% MSy 17
105% Jun 17
;.63% Jun) 1
«
de
18
.
•
.
67%
12%
>17%
,
:39%.
*1100
i
6 Va
Jam
EXCHANGE
»'■
36
Cigar
Jan
'•
Co___
Consolidated
51
61%
>76
Gommonw'th
37 ('
37 Ve
•
66%
*12
3Ve
* 85
f
9 per thare
*1100
w„No par
w
20%
44%
*55
38%
68%
12%
»19%
r Tuesday
4June 15
171%
common—No par
preferred
;
61%
2.50
Inc__No
55
•'
'
9 per thart
STOCK
2.50
Conde Nast Publishing -Inc
Congoleum-Naim Lnc—
10
46% Feb
System,
A
37%
55-
18
Yl69
49
;
X89
Monday
100 •'
Pictures
cum
'
35%
*140
x
171 %
preferred
Commercial Solvents
■.
•
35%
91%
.June 14
100
May 21
40
1
5
197/e
-43%
•■-,
h
•
37%
"'37%
68
•80
*24% '> 25
8%
145
I ptr thare
preferred
32
48% Mar 17
Feb
see
16
99% May 25
16% Jun 18
,
.
3
10
Gas
-
16%'
;
-
June 12
■
,
No par
Commercial Credit commont 43.60
preferred i._.
-106% May 25
42% Jan
5
5
Mar
♦4.25
9
35%
No par
Columbus h Southern Ohio Elec—10
4
Apr' 27
29% May '14/
11% MayBO
2
10
93
55% Deo
For footnotes
:
16% Mar 20
84 Va Mar 23
30% Feb
Dec
12% Fsb
37%.
56%
37%
'31%
77
*46
17%
90%
1st
Columbian Carbon
29% May 26
3% May 15
35% Jun
10% Mar 17
;
110% July
13% Feb
55%
7
100% .Apr 30
35% Feb 11
94 Va Feb
20% Feb
106%
44%
36%
30
77
25%
♦141
2nd
non^cum
15% Jun
1 Va May 25
32% Feb 27
114%
19,400
,:.*8%
110
•
35%
20'A
47 Va
*
*107% 108%
49
8%
par
Inc___—
non-cum
Columbia
51% Jun:15
11
r
Feb 24
17% Mar
84
4ft
Columbia
xr&Va Jun: 11
r
11
38% -Feb
32% May
94% Dec
Mills
„
r
?
6,200
33.V#
1
.**r4_No pai%
*..
Columbia Broad Sys Inc «1
Class B—J__
,
54%. »J*n
30
M
% Feb
10% July
Dee
4ft
1
;
16%
x25
8,000
8%
7%,;,
33%
19%
28%
40%i
,
30~
,
78
*46
par
com__No par*
-
Alkman
14
13%
32%
43%
*98%
26%
-48%
a
'
Corp____No par
34% May 19 I
Mat 17
30
99%
(
106
-
11
28% Feb
4
78
Colo Fuel <fc Iron Corp com—No
par
5ft
cum
conv preferred
20
Colorado it Southern Ry com
100
;
31% May 12
11
102% Jun
.tv
12% Ma r 31
Dec
•
14% Jun
43% Jun
:
13
33% Not
.
29% (Feb
?
12% May
-,Feb
2% Feb
/
108% Mar
:
May
20
'
-
11% May
17
5
2
35%
,
,
10% Dec
40% May
Colonial
:• 13% May 21
:•<
78% Jun 15'
•; 37% Apr Ife
23
Jan
14% Jan
1:.
1
'
Jam
33% Jan
104% Not
Internat
•
-
"
/'
86%
40
110
30
108%
Saturday
(The) icommon.No
♦3.50 preferred
32 »/a May 15
■'
11
90
:j
Jan
123%
23% May
;
.1
36% July
;•
Dec
13%
''7%
-7%
'
_No par
Collins Ac
16% May 27
»
27
.36% Jan
,
,
2V*May
j J5% Not
8% May
J
Oct
Fsb
12%
64%
LOW AND mas
Colgate-Palmolive-Peet
17% May 15
S
30
35% Feb
48%
115%
20% May
04
Feb
287/» Feb
;
Feb
»
10
62% Apr
c
Mar
50
Dec
s
11
10% Feb 13
Feb
86
Dec
May
J7
22% Feb
v
39% Aug
11,300
'V
i
!'■
4,900
19%
'
\
A
j"
Dec
!
20
;
Oct
30% May
; *36
13
22% Feb
■
13
„
Jan
12%
Dec
12% Feb
•
Jan,
!.) 32%
Apr
63
11
11% Apr
Feb
i
10
14
11
*
8
May
9% May
Class
17 Va May 15
Feb
Feb
12% Feb
Oct
11%
18
"
STOCKS
Coca-Cola Co
2
Feb
18
16
10%
18 Ve
i,
36,300.:
63%
ft. 37
190
-
86%
•«
111
30
Fur
2
14
10%
"
110
NEW YORK STOCK
8
45% Jan'
; 19% Mar 17
'
May
8
Jan
63% Jun
,*
41%
*107%
100
per thart
183
*-169
•
: 86%
13%
10 Va
56
l9Vt»'T>19%,
36%
,
"
86%
EXCHANGE V
17%
Oct
'
12
"•; I
,
37
190
40%
_100
—
-
,.}9 vi •ft 19^
.
14
i
9,500
16,900
171/4
37%
Vs V 32%
-8%^ 8%.
*80,v84
'
36%
13 Ve
10%
3%
<32
8Ve
84%
*169
-
,
13%
*
"
5&o
1
2nd pfd
cum
/
20%
Feb
22%
1——No
:•>; ,7 ft preferred _i
96 ;< Apr 20
25 Va May 18
26% May 21
19% May 25
20 Vz May 22
46
100
Corp__.
1
1
1
Cluett Feabody 4k Ce com—.JNo
par
'
J
32%
; 8%
Clopay
5
17 %
Aug
32
48
"
5
1
Clinton Industries Ine
5
48%
47%
,
14%
i 1
10,000
10%
37%
100
26
-
.
:
7%
10 Ve
56
'28%.
28%
'
,
9%
57
100
26%
*26%
,
/
37,200
300
,
7%
19%
* 12
"
87
33%
*17%
65%
V'
300
38
13%
i
7%
67
v
28%
37%
*86%
9%
,
39
,
64%
■
100
.
>28
87%,
43
J'A-./
■
——
92% May 20
9
Dee
18
56%
27%
*27%
*
78% May 20
143
'
"ll
-
12%
*37
65%
100
Cleve Elec Illuminating com—No
par
♦4.50 preferred 1—
No par
Clev Graph Bronbs Co
com——_1
:S% preferred—.
100
Clrr* H Pitts RR^Co 7*
Jtd
50
Special gtd 4 ft '.,stock—
50
14
Coca-Cola
37% Feb
105% July:. •*< 88 V8 Feb
Dec
;
23%
65
28%
38.V#
f
60
■
12%
♦55
18
'
-1,300
10%
.x37%
•
i
2,900
;
25%
14
13Ve
17 V.
; *37 v..
68
:
200
30
99
18%
57
*3%
•A-
57%
39
,
14
*86%
*
-A
J
300
.
3,500
12,000
99;
43
('
37%
•
3,200
9%
25%
100
'•''•
13%
32%
38Va'
18
11%
*9
*29
12Ve
12%
19%:
*12
18%
57
'
36% May 17
Feb 11
61% Mar 28
Jan
^
12%
*37
i_*
|
Clark Equipment Co__
20
CCC A St Louis Ry Co com—100
6%
non-cum
prefferretL—
100
May
58
,
12%
City'Stores
Juh; 17
10% Jan
1153
■
.
17%
43%
68
*17%
-'
1.50
com.
May 24
Lowest
Jan
1155
:
Klec
18% Mar'22 ^
I per thare
191 % Nov
j.
69
I
11%
'7Ve
*10
33%
37%
25,500
25%
v'
7%
*37%
38%
14V#
1*4
87%
9%
*55
38%
*68
'
-I per thare
Jun
1140
57
37%
•!——„_100
38
Range sine* Jan. 1 "
;
Highest
f
38 Va
*54%
i
36%
:
30
-'7%
7%
42%
100
18%
7%
9%'
19%
x38
Milling Machine Co...it
C I T Financial Corp—_____No
par
City Ice 3c Puel_——__iNo par
•
Highest
8c
35V* Jam
/
81% Mar 18
Year 1947
Lowest
:■
Gas
preferred
Range for PreTlens
-t
43%
160
17%
6%
7%
20
-
City Investing Co common,.,
.""'•V'
»%f# prefened—
34 Va Apr
r.
,30% Mar 16
137
19%
42%
Cincinnati
2 ""
,
108 % Feb
.
3
,7% Mar
Deo
38
13%
■(.
■
13%:
33
8,200
83%
28%
28%
9%
.
33%
par
3.50
Apr 20
111% Jun
6
.
,
10 Ve
33 Ve
7%
106%
18%
25%
"
7%
9%
100
^—25
Jan
88„.
5
'14% May 15 ,,'•*23% May. 5
Feb
19
i
;
6
Jan
17
41% Jun
-,./
.148% liar."
Dec
10
72
•
34
34% Feb
26% May
'1
.i:
39% Mar
-
1
'
29
105% Jan
;
7%
par
sbommon-i—j.—J_____l
preferred_^_/__*__i____104
84%
.'•;
■
Jan
-107
Feb
-04% Feb
;
May
„
101 'Jan
DCC
80
.
'
17%
12%
\
v
7V#<.
18 Ve
12%
10 Va
13
"
2,300
*81%
9 /
*99
■
par
Co
21
37% MaT 18
•
13
series ACilJiLilOO
10
;
6
15%-Jan", 6
i
fc34% Not.
„
9
Jan
**>
85)
9
'7% MaT
78
Chllds
14
>
I
8%
37%
28%
•
Yellow CCb-*—_*j_No par
Chtc*kaaha >Cotton Oil__i—1
10
•101% May 26
/;J7-.MayJ7,;
'•48% Jun 14
r J3„-,. Jun. v3 ':;:
26
28%-Mar
•
Mar
Gonv preferred
13%
•
2,700
-
27
:
j
100
17 Va
26%
13Ve
»
7,000
19%
106%
11 Ve
.
*29 Ve
B5%
*86%
'
13%
17%
32 Ve
26%
;
30,
-
37%,
'
.
7% 1
10
10 Va'
17%
.100
'63V* May 3'V
'6% %
41% May 19
Chile Copper Co—
65% Jun 10
v Chrysler
Corp
.29% Jun
Peb
<
'
37% May
14 V.
17V*'
Chicago
;
6%
12%
32%
*19
26%
'*98% -99%
87%
6%
9
-■
13%
38%
'87%
10%
42hteawo-7hwwmat Tool com _7!No pa*
: A ;K3? convertible^
.pn^erence_iN0 par
.Chic 'Rock lis •&'Pac "RR co^j:no
par
.
.(37%
9
f :
'
21% May '
May 15.'.
.Jun. ,3-
"•
12%
13%
" ' "•
'*•
23% Feb
Feb
28
7-
? 2.
.
•
>xl2% May 18
19% May 27
4% Apr
2
31
Oct
71
;
! i
1
66%
8ep
Not
-
95
■<• .<<-
5
14% Feb
/'•.
1
39
22
42% M«
"Dec
56%
;
.
11
-
7% Mar
,<JdayBi.
'6%
21
<45%MepvxdW**-
.^>40
r
.25%. Feb. 18
Dec
Jty iCo cl A
87
12%
50
8% May 14
Class B„
*
No
10% May 14
Chic Mflw At Paul Sc P *tc__"No
Apr. 45.. .»;• ,36Vb Mar/Bo .-jrc.;*v®stle«:.A ;piafarraa,Yt«—i*-'
-, '14%;m*t o;,i : ii20%JM»yJ2Lv
Chicago Jk ^Northwest: room—No
July
10%
<15%
preferred
Chic Infl « Louis
4 V* MaT 16
,
r.
5*
•'
•.
7%,Mar-16
J13% Feb
-34% Dec
,
Jun
29
,
98%
38%
'
130
'7%
Xll%
;
29
'
200
39%
18%.
14%
18,500
108
37%
18%
;
9
5,300
36%
'
12%
f
570
60%
8%
37%
33%
1
3,600
48%
145
'»
135
82%
19
-
Y%
*106%
600
105
,
:*«o%
12%
87
Chicago Corp - (Ths)-*.—*1
Chicago Great West RR Co com—50
Jan
-
30
27% Feb
"
14% May 21
IIV2 Jun 18
6
r
38% Feb
'.•'. 33% Not
17
14% Jun
V
,
26%
18%
14%
3Yr% convertible preferred—100
Ghlo St East 111 RR Co com—No
par
Class A
40
11
7%
108
,
..
:100
16%
9
"26%
Chesapeake & Ohio Ry commo.n„25
17
8%
V#
36%
17
8Ve
1,500
■'
8
133%
19'/«
11%
9...'
99 ■'
17%
f
:*103%
32 V8
16 Ve
26%
*98%
37
104% 104%
135%
32%
'
800
400
40
59%
134%
*18Ve
1
37%
9
29
36%
;
'
<
230
.
'
8
61 Ve
19"
29Va
i
60%
„
81%''81%
34%
'9
17%
*39'/a
:e%
48
J
8%
110
.145
26%r
1.28
Jan
'7% Jan
'
i
Chesapeake Corp tit Yirginta
7% Jun
90
12
Feb
14%
6% May
33% May
.13% Nov
45% Jan
11
Feb
Peb
6%
•
Checker Cab MffJ
A
9% Feb
10% Jan
Dec
Feb
May
'
17%
40
8%
49%
18%
Products
1
Chain Beit 'Cou^;
i.—N» par
Champion *%per diFibeom—No par
•'
54.50 preferred i—
—No par
16% Jun- 8
*30
16
82% Apr
.
Feb
,12%
6% May,, ; '-.12%
-4% Mayr- -:<-*-8%
8% May
"
15%.
•„
■
■&02% Jbly
3% Apr
«'
0% Mar 15
25 V. Mar 16
/
Oct
.
83%,
12
17%
*39 Ve
16%
* *106 %
107
32%
'
12%
"
38%
146%
26%
27
38%
39%
49
27%
'*8%
5
Certain-teed
29%
33/
8%
7%'
,
7Va
*
>81%
-
29%
*146
*18Ve
'8Ve
2,100
6%
>109%
49%
1 l6Ve
*
6%
6Ve
30
.
62 Vk
32%
«
100
146%
,
'61%
19
"8Ve
"
23
135%
1
50%
110
,39%
1 35%
37%
*103% 104%
? 135% 135%
-104
33%
39%
,146%
;
,37Va*
*135
32 Ve
'
63
37%
104
136
48%
;
146%
"61%
104
Violeta Sfcgur QO—.
ABO
Century Ribbon Milli—
No par
f
(50%:
-49%
>145%
;
100
50%
29%
17%
40%
_>8'%
1,400
17 V#
109%
30V<»
"*38%:
ft
tharti
45%
51
6%
111;,
' !30%
l,
135 Ve
par
6%
6%
:
>110
45
*16%
17%
51
*39%
62%
the Weak
9 per thare
46
*16%
.53:
18
»'
146
Central
ll
100% Jan-
16
51
6%
45Ve
,
17%
39%
*103%
NY Ft Cdrp 8,40ft j)fd_10O
tCentrai «fc ot New* Jersey.;
-100
14
Jun
50%
-61%
46 '
-*51
;
30Ve
17%
8%
145%
;
46
"'♦16%
110
"*38%
40%
-8%
Central
17
Jan
"*40
,
29
—
28% Apr
l
May 24
33
18
—_
20
;
6%
'30Vs
Bales for
June 18
9 per share
'
"53
110
,
39 Vt
17%
—_i
0entraL.AguirreJ5hiOarOo—_No
May 2l
10% Jan
fc
19
39
Central Foundry Col1
Cehtral Hudson GAtE/Chrp-iNo par
Central 111 Light '4%% /ptd.
100
15
24% Feb '28
3
■;
May $7
39% Jun
13% Peb 10
Oct
27
Dec
22% Neb
Jun
83
-
8V.«Mar 19
i
Jan
.30
% May
100%
t
35 % Mar.
11% May
20% May
108
7% Jan
6
11
Mar 11
'6%
30% " 30%:
Friday
June 17 :
9p*r thart
.
17%-
"*52%
109-109%
'
series—__5t
'General -Corp
Co common
i
6%
N
46V4
>16%
U—No pa*
2nd preferred——.:.
«
-100
7
•
CLOSED
ft.751st.preferred-
'-1%
8% May 27
H%Mar 3
.
% Jim J 8
-100%
*
5
18% Neb
v
.'
8c
(J I)
16%
*51% " 53 :
""
EXCHANGE
■
-46
'
Gelotex- Dorp, common—i—-No
par
■'••89 preferred—I—20
May 27
*.33%,May 21
v
16% Jun
i
Jan
10% »Jan
104% Jun
10
18%-May
Peb
14%
t
fPcb
j
22 %
.
9
Neb 41
_1
_
„•
i% preferred
1100
Caterpillar j Tractor.
-No par
Celaneae CoYp of Amfct com—No
par
68% May 15
39 Va Jun
•
22% Neb 28
,
16
•"
BTOCK
ConY preferred -4%
Case
'
■97
Feb
146% Jun
5
26
i
Carriers
2
Pet> 13
123
Peb
/• 52% Jun
16%
Carolina Clinch S Ohio Ry_.: —100
a Light—No par
Carpenter Steel
f
Carrier Coffp common..
J.
10
43% Jan
8
*0
May 20
\
Feb
53
22
*97
Dec
9
28% Dec
c-)
7% May
7% Dec
1
35% Mar
.
Dec
A
Carolina Power
3
41% Jan
Mar 16
class
preferred /A
Capital; Airlines,, ,Inc j*. _•
12
19% May 2i
'
,-49% May
17% May
-
j
'"
32% Mar
Oct
45
Jan
*17%
Capital Admin
e
27% Jan
Feb
21%
May
133
» Jan
Peb'
46Va
'
Thursday
June 18?'
p'ptrehave *
■
PRICES
Wednesday
June 15
■
I per ehnre
-46
BALE
Tuesday
June 14
Cannon Mills
.
55'.
•
,
"39% Jan
,
35% May
6
'
-
Monday
June 12 +.
9 per there
47% May 19
18
May 15
'
Dec
39 Va
1
:; Nrt> 13
48% *J*r 21
;
«%Jan
3
'3.00% Pec 18
Jan
128
Dec
38
Mar
li
t
:ff7%' Neb
i
Dec
103
18
14% Feb
9 per thart
9 per share
,
Saturday
;•
.
9 per thart
"
68 3A
69%
18
18
?;
;
*2,900
"*:•
•
31,800
1
10,800
•!
3,600
;
18
COMMERCIAL
THE
(2698)
f per
9 per »hare
12%
27%
17%
M»/
JUB
43
12%
Deo
Oct
DM
■61
11
May 20
15% Jun 15
Feb
13
56
18% Feb
6
23% Jun
11
11
Jan
50
Fob
32%
18
10 V!i Feb
30% Fob
Deo
18%
20% Jun
11
48
DM
105%
Fob
92
Feb
9
97
Jun
88
DM
105%
Jun
92
Jan
12
97
Mar
<1% SOP
75%
Jan
59
Apr 30
Aug
169
195
DM
Feb
66% Mar 24
Mar 19
177
6
4% DM
8%
Jan
4
Mar 16
5!/4Jan
2
4%
Jan
2% Mar 17
3% Feb
Feb
DM
107
Mar
Deo
Oct
82% DM
30
Jan
40%
86% Iter
87
11%
0m
13
39% Jun
2
14
Feb
95
16
Feb
29
11
98% Jun
2
24% Jun
Mar 18
x21
26 y8 May
27
2
46% Mar
6
Jan
42
8
11
17% Feb
num.
15
Jan
13
9% May 13
DM
62% Mar
88
Apr
34%
Oct
88
DM
108%
Feb
91% Feb
24
102% May 10
108% liar
130%
Oct
102% Feb
18
129
41
34% Jun
26% Mar 16
37%
Feb
96
Jan
Mar
34%
Oct
26% Mar
13% Mar
21%
Jan
12% Feb
82% Mar
66
DM
12
12%
17%
DM
82%
Jan
165
Jan
165
DM
2
Jan
17
16% May 21
177
Jun
4
Apr 21
10% Mar 9
13% May 21
81% Jan
13
87% May
13
17% May 18
19%
Feb
15% Feb
84% Oct
6% Mar
27%
Not
18% Feb
27
Feb
11
17
7
Feb
12%
122% Feb
Dec
147
■
132
11% Jun
13
18% Aug
26% Sep
80% Not
97
Sep
14% Mar
23%
Oct
55%
Class A
20%
45%
45%
46
98%
*96%
*96
97%
66%
*96%
98%
97%
5
3%
39%
39%
1
2%
300
11%
3,000
X23%
23%
*23 Va
23%
1,100
2.400
23%
23%
24
25%.
25%
25%
43%
*43%
32%
32%
31%
32%
24%
25
43%
43%
43%
400
31%
32
31%
31%
31
31%
4,700
100
99%
99%
99%
99%
:
100
120
*119%
121%
118%
118%
27%
27%
27%
27%
27%
77
77
75
28%
27%
77 " '' 7T
77%
f
'
29
14%
xl3%
14
*159%
180
*159%
*15%
..
22
11%
88
*83
88
*15%
16%
*16
16%
22
*20%
20%
*20%
21
11%
11%
11%
*20%
.
2,800
12%
*83
16%
*139%
12%
12%
11%
11%
139%
1$9%
139
12
12%
85
11%
11
2,700
12%
> *16
16%
*20%
16
22%
'
700
•
13%
180
85
88
*85
1,100
£
28%
13%
1
12%
12%
12%
88
75%
-
*159
180
320
4.300
27%
*27%
13%
200
117
117
28
11*
180
*161
,
.
28%
28%
14%
14
180
77
*76
'
'28%
27%
14%
8%
1
100
58%
8
8%
V 23 V4
23%
140
140
♦130
31
31
23
30
30%
29%
23%
:
50
31
■/I
:!
,1
3,700
,
.140
I 1,000
31
30%
31
*30%
23%
*130
*130 V 140
{!
900
23,600
7%
23
23%
:
43,000
58
7%
7%
22%,
.140
31
30
.r.
7%
i
140
57%
58
58 v
7%
•137
31%
.»
7%.
.
23%j
30%
*130
57%
57%
58
,
100
400
.
11%
140
140
140
140
,
'
57%
8
Cutler-Hammer
25%
43%
100
28
II
25%
44%
120
63"
15%
*98
99%
28%
♦20%
7,500
98%
10%
43%
12%
2.600
11%
23%
25%
*85
2%
39%
4%
98%
44%
♦161
2,500
2%
38%
4%
10%
25%
X76
4%
2%
39%
39
98%
23%
28%
190
10%
44%
100
5,400
177
98%
25%
120%. 120%
10
«
,
64%
63%
*175%
10%
23%
100
97
97
64%
'
11%
10%
10%
10%
98
*96%
175%
'
'
98%
98%
*98
98%
•98
4,900
2%
39%
38%
930
22»/4
4%.
3
3
3
r 39%
39
4%
4%
4%
4%
5
3
15%
55%
22
98
64
-5,800
14%
,
98 ~
175%
176
*
'
55%
*94
65
176
176
175%
98
64%
60
-
v
>
22%
,
*94
98
*96
65%
65%
176
175J/s
x21%
46%
22,500
-
55%
55%
23
10
20%
46%
,
3,600
-.
53
19%
15%
56
22%
>
33
'
*52%
53
15
,
55%
;
23%
65%
15%
-14%
,
55%
55 %
•95%
23%
pfd
19%
j> 45%
15%
14%
•98%
57%
—-
Cushman's Sons Ino 7%
19%
.
46%
1
23
23%
23
-No par
1
preferred
Curtiss-Wright common
16
25
Apr 19
134
May 18
x31% May 26
21% Mar 16
14%
•137
Prior
'
Jan 27
133
Fob
30%
14%
55
7
May 14
8% Apr
11
18% Feb
Apr
16% May
15
May
61-
>18%
♦45%
Cunningham Drug Stores Ino—2.99
Curtis Pub Co (The) com—No par
13
146
4% Feb
Dec
21%
18% Mar
138
Fob
6
24 % Jan
Mar 11
48
Mar
6% Feb
70
4% ltey
14
Mar
101
113% Jan
86
Jon
1
34
Dm
216
Jun
78% Jun
8
11
155
Sep
1
28% Jun
10
66% Mar 17
Feb
22
19%
46%
-
CLOSED
-1
*52 %
18%
19%
18%
32%
32%
■
32%
52%
32
,
Sharet
tper thare
32%
52%
32%
*52%. 53%
•45%
STOCK
EXCHANGE
Bank it Tr Co—29 ■
Corning Glass Works ssMon
B
3% % preferred
100
Cum pfd 3%# tet at 1947—100
Corn Products Refining eom—
20
7%
preferred
190
Cot7 Inc
———
1
Coty International Corp—
1
Crane Co common
29
3%% preferred
100
Creameries of America—
.1
Cream of Wheat Corp (The)
»
Crown Cork & Seal new com—2.50
$2 preferred
No par
Crown Zellerbach Corp 00m
B
$4.20 preferred
No par
$4 2nd preferred
No par
Crucible Steel of Amer com_JNo par
6% conv preferred
100
Cuba RR 6%
non-com prd
100
Cuban-American Sugar common—10
7% preferred
100
Cudahy Packing Co common
10
4%% preferred
100
Cuneo Press Inc
5
9
2% DM
Corp
Cornell Dubllier Electric
53%
*52%
Corn Exchange
11
Jun
•8%
170
coulaNo par*
No par
Copperweld Steel Co outmooo
5
ConTsrtlble prof 3% sorlse
60preferred
$3 prior
32%
the Week
9 per thare
9 per there
9 per thare
Bale* fur
Friday
June J8
June 17
June 16
I per thare
33
'
Thursday
Wednesday
'31%'
9 per there
Cooper-Bessemer Corp
14
11
33
42% Mar 24
Fob
88
1216 Iter
Doe
44
81%
Feb
Jun
53'/2 Jun
9
x49% Mar 17
13
Per
6 per thare
thare
19% Mar
Oct
65
Apr
9 per
thare
EXCHANGE
Highest
Lowest
Highest
Jane 15
Jane 14
Jane 12
,
Tuesday
Mender
Satariay
STOCK
NEW YORK
Range since ran. 1
Year 1847
HIGH SALE PRICES
LOW- AND
STOCKS
Range for Previous
Lowest
RECORD
STOCK
YORK
NEW
Monday, June 21, 1948.
& FINANCIAL CHRONICLE
!
„
D
87% Mar
16%
Jan
34
DM
18
20% Jan
2
9
25
17% Jan
14
26% May 26
24% Feb
35% Jan
101% July
25
17
Preferred 3.75%
Jun
10
Preferred 3.75% serlM B
12%
33
BopBop
Aug
31
Iter
46%
Oct
35% Mar 16
38% DM
32% Iter
6% Mar
38%
Feb
29y4Feb
23%
12% Mar
Feb
20%
Feb
8% Jun
Jan
Oct
11
32% Jun
'
Mar
19% Dm
88% Mar
16% Mar
Fob
39%
10
Distill
Xl9% May 21
Apr 21
Jan
Feb 13
29
14% Jun
19
32% Feb 20
Feb
97
Feb
90
Feb
24
Dome Mines
15
Douglaa
46% Jun
*33%
34%
*33%
46%
46%
46%
46%
..46%
47%
48
48
10%
10%
10
10%
10%
10%
10%
10% v
31%
32%
31%
31%
30%
32%
31%
32%
51%
51%
50%
51%
51
51
i.
3,500
21%
21%
216/a
21%
21%
106% Jun
6
7,500
,
105 y4 Jun
13
9
Dee
21
ten
30% Jun
17
Feb
83
Jan
2
95
Jun
18
3%%
19
Feb
12% Feb
11
20
May 15
Dunhill
17%
129 Va Aug
Mar 18
164
1241/2 Jun
113% Jan
28
Feb
11
112% Apr
7
107% Sep
94
19% Mar
9 per thar*
25% Aug
24% Apr
Jan
51
14% DM
42% May
393.
Doe
48% July
Oct
198%
2
27 %
26 V»
45%
45%
*45%
45%
43%
44
*43%
44
I
44
17
52%
'
19% Feb 27
25% May 27
20% May 18
11
16% Mar 16
22% Jan
38% Feb
10
162% Jan
12
Jun
48
^
104%
•
104% T V<<
Wi
*94:...
95
*18%
*122%
>
187
: 98%
99v
14
W'14
:
65% Jun
Feb
82
13
Mar
8
13
Mar 16
102
Feb 24
Feb
65%
Feb
43
16%
Feb
11
14
16% Jan
106
Jan
2
12
5% Jan
5
8
Feb
20
56
Feb
13
16% Mar 24
39% Jan
32% Feb
19
37% Jun
3% Jan
1% Feb
11
19% Feb
July
Feb
Oct
-
13% Feb
139
Feb
14% Feb
May 21
Jun
1
preferred
Eaton Manufacturing Co
4%%
$ per thare
23% Jun
10
158% Jun
19
3
•
4
143% Apr 28
66% Jan
17 e Jan
9
14
6
Jun
16
27% Jun
73% Jun
14
46
69% Oct
17
Dec
107
16
46
76
12 % Feb
*
>
Jun
55% Feb 13
l7% .Jan
38
23%
22%
22%,
18%
18%
20%
18
18 '/a
20%
97
Feb 27
4% Jan
4% Dec
9% Dm
12%
Feb
67
65%
19
Mar
50% Feb
,
,
24%
19% iter
Feb
25%
Jun
t105%
105 y4
*105%
107%
30%
30%
30%
30%a
95
95
*94
Jun
10
5% May 28
5
15% Jun
*14
38
9
Mar 17
Feb
13% Aug
6;
Jan
14
20% May 17
11% Jan
10
Jan 23
17
68% Apr 14
7% Mar 17
Oct
18
62% Jun
11
5
49% May 3
7% Mar 80
Co
16%
5%
El
Paso
Emerson
Electric Mfg Co——
4%
preferred
—
Equitable Office Bldg.
Erie RR
5%
common—;
preferred serlea
-
V-
733/4
Ex-Cell-O
\
-
70
^
,_A
*
37%
2y8
2 Ye
2Ye
70
2.%.
■-!
156v-
156
**139 '■
142.
x
'■
j
»
26%
27% >
46%
t 18
15%
15% '••45%
15%,
-
■')
100
1
103%
*102%
103
103
1
"-•s-'f
-5,.
,4%
32%
32%-
32%*'
32%
14%
15
61%
'•
61%
'
r
61%
6%
g
*17%
17%
t
«
9%
97/s
-6%
6%
9%
.
*6%
6%
..
*6%
■
.
18
Xl7%
9%
'<
97'e
;•
r
*45%.
15%
6%
17%
.;
9%
46
6%
i
-
15
600
r?2,ioo
-
i
Wi;.,
•
Jen
40% Mar
9
JNs par
31% Feb
For footnotes
see
nage
:
54% Jun 10
Fairbanks Morse ft Qso.
26% Mar 17
31Y4 Jan
Fajardo Sugar Co of Farto Hi—
20
H% <tea
24
26.
Apr 14
5
Apr 23
Falstaff
.Brewing Corp!
fl>
1
'.jA
.
i
•»**.'
.54%; 54%,
23%
*22
27% <
-/22%;
-
31
'•
.
i
69
d
1
.
f
•
-r
;! 6'3(..*••
V -
15%
-
4I
11
: 29,400
;|
-11,000
j}
3,500
-
62%
Ij
.
72
67/8
6%
1.500
j
10
*9%
9%
2,100
!
46
*45 y»
46%
600
17 y2
-
i7%-;
17%
'
'
6%
6%
7
•V
-
(
,
.'-*-r
5d-«-5' 5*4%
; 27 %
27%
r *22
22%
•!
.
i-
53
53%
•
27 %
-
•
'
27%
•22%
'
22%:
~
52%
27%
22%
n
-6,700
-.*•
,1
100 n
i
i '.-1
i
210
f
5
.
62%
7,
; r
M
t
103
*67
72
':
'
•101%
....
I
A.
14.300
15%
307/a
5
|
1,900.{!
*;6,300
V?
14
15 Ye
3oy»
62%
i
'
,1
400 ;
; 100.:
^
'19%
13%
*
•-
■'
14%
*67
:
*6%
5
62%
V
46%
6%
6%
102%
V
6%
-17%
9%
19
31,'
•
69
;200 11
V; 3.900
.
v.
47%
68%
15%
,
„/
vl.400
>!.
73 ye-
"
v
,
'
5;
,
26%,
*45
'.'A
72r
6%
6%
46
46
46
45%
Exchange Buffet
17%
;•
-
61%
*67
72
*67
,
14%
61%
5:
26%
19%
14%
31
102%
,
•
15%
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400.4
.
,15%
%.
y
•
20)700
22%'.;;? .■-vl4,200 ,<J
157
;%iaoo f)
54%o(
68
•
V
15%
5
•
'14%
•
19
■;
300
•'
I
*.
.
54%
46
13%
,
y.
103
.;■;:> 4%
-
72
♦67
14
15 Ve
31%
:
•102y2
%
114%>;-14%.
-i-
61%
.
:
i
.
;f
3,000
,
V,
-
142,» 142
73 y4
v
67%
-
19%
13%l.
31
-155y2
V,
26%
£-
*44
:69%
V tr
■15 y8
'
26%
46
67%'
•
54%
15%
*70
-70%
46
'
70
70
--
*70^*
:■'
156
Vi
-15%
15%
> -26%
26'
«?
'
'*45 Vv
15'/4'
....
15%
22
141%-141%
*53
.2.900
;
.
•
22%
.156
••./
55
55
1
15%
21%
22
; >18%. '18%
13% :14%".
-13%y^ ■
12%
5
.10
"
tnp
Corp
2V*
21%
•54V.55%
*
I
14%
14%
37%
::
1,800
/.
54%
14%
37%
2%.
143%
,
54 y4
14%
2,000
.
f;
-
7%-
37%
•18 %s
18%
'
156
142%
55 y«
54
500
103%
*7%
14%
>
156-
't
27%,
if
> 74% vi. <
271/a
.
=>
'
«;■
15%
♦102
37%
21%- 22% ;■
*16%.,'
16
.
——No par
Evans Products cn
55%
.80;.
,2,000
v
19
7%
'
10,600
■
:*
91%-;,
15% ;
:
14%
:5 2V4
55%
*54%
Erie ft Pittsburgh RR Co.
Eureka Williams
Eversharp
22%
144
.
91%
d5%
:
64
19
*89
u
9,900
j 2,800 ;>
.
437/e
64.,.
-h
,
.
174
•■'37%
373/4
2%
r
156
*141-
Endicott. Johnson Corp common—SB
>
*37%
2%
,
*154
•
*
Emerson Radio & Phonograph
Empire District Electric Co
37%
*37%
54%
.
19 y4
6.900
18%
43%
■
19
7%
Sharet
223/g
*171
,103%
♦102 <i
7%
■
•
643/g
15 Ye
15%
103%
7%
54%
14%
.14%
91 y2
x
44%
*18%
800
the Week
19'A
.
>175
*89
300
,
'
Sales fer
22y*
■:
19%
64%}
.
'
conv
Natural Gas.
.
19
19 '/*.
;
■
18 Va
22%
43%
64%
;;
i
14%; '
I p«r sha»fc
19
174
4
';
300
Friday
there
.
5,400
June 18
Thursday
17%.
44y4
♦102
.
7%
-
14%
,.22?
116
♦1)5
14%
y
>
900
.
98%
98%
98%
116
-
■'f
200
124%/;,
June 17
!
-100
186
*13%
.
7,300
■
124%
*98'A
-
I
1.300
:
,
185%
♦114%
i
t '<
,
124 Ms
r
I per
*
" fiV
»
16
16
j
!
17,500
,1, 300
j;-
186
124 y2
%
>
f.
19
*18%
18%
185
,
174
15%
15%
54%,
15%
•V?\2%
22 jV
10
common.——
55%'
15
Nopar
preferred—*—50
preferred
*
50
5V2%
18
104
54%
.
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»)92«
7%
95
-
*16 %
18'/4
*18y2
103%
•
18%
20
;;64%
-
'15%
'
57%
y
>
£
4,500
106% ;
22%
174
65%
' '102 *
7%
"
preferred-
Elliott
103%
fl
Light com—No par
No par
——.Jfo par
Electric Storage Battery—
Nopar
Elgin National Watch CO———79
8
~
>
*104%
14%
> 43%
19
♦90 5
15%' I
*102%
7%
$6 preferred
3
Jan
6y4 Apr 14
Jan
60%
46%
106%
98%
,18
174:-
19
92
15%
Electric Power ft
16
34
64% Mar 13
*13% Feb
>
57%
46%
'
116
22%
'
.
,
'-20%
'
165 %
19
*90
V
100
t
3
.
Convertible preferred
15% May 19
,9% Feb 11
Feb
85
>S*3K
56
per there
'.,44%
"
f
46%
-
123%
19%
.
44
' 169
172
64%
-
20
*
t
44%
44%
172
•
Elec ft Mus Ind Amer eharee——
14% Jun 15
2
29% Feb 16
Mar
Jun
19% Jun
11
0% Mar 18
12% Jan
Apr
Electric Boat common-
$7
* 9
I p«r there
1
23%
2.50
common—
preferred——
Elastic Stop Nut Co
Electric Auto-Lite (The)—-
"
.
16,100
June 16
STOCK
1
4%%
74% Jun 14
26
,
14%
Wedaeeday
June 15
'■
f per thare
—.100
preferred
Products Co
r
100
A
Edison Bros Stores Ino common
Ekco
June 14
CLOSED
cumulative
6%
10
2% May 24
11
123% Feb 11
49% Feb 10
24% Mar
9% May
15
14%
v
BALE PRICKS
Tuesday
'Monday
130
,
,
1,400
8,900
16%
;> *13%
■;
17%
19
•114%
14%
*13%
,
"95
98%
98%
52%
i
906 |i
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39%
/'>56%
186%. 187
116
•114%
116
52%
,
.
16%
30%
>123%
123%,;
38%
-
,
1.000
39%
104%
16%
187%
r
38%
,
,
11.2C0
v
17 y«
106 y4
*18%
I
164%?
•
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'
19
16%
52%
46%
29%
16%
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.
■V
95
16%
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,
i
36%
19
r
123%
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;
16%
1,300
,
40%
106%
7?"' *>94" 'j,
.
187%
..
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'
«
16%
16%
'
'30
19
187
46%
106 %
104%- 165
30%
30%
46%
46
165%
16%
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57%
■;
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> 900
,
17
15%
106%
15%
59%
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•
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39%
■;
:
,
,39%
17%
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,
» 14%
57
r -46 '/»
14%
•
46%
""
17%
39%;
300
.
18%
38% "38%
52%
52%
52%
58%
h
.
104%,-
10
Eastman Kodak Co common
17
19% May 17
92% Jun
1-
8%
49% May
40
*38%
40 '
d,100 r>:,
,
43%
17
16%
17%
•
-
16%
EXCHANGE
.10
Stainless Steel
Eastern
8
46% May 15
175
47% Feb 28
87%
16%
LOW AND HIGH
Eastern Airlines Inc
Feb
tea
17
,
-
,:
45%
16%
16%
39
■
>
104
Jane 12
Eagle-Picher Co.
16 % Feb
17% Feb
186%
17
*39
60%
60
<
.
■
39 Va
Batarday
Far
Feb
171
16%
,.
27 ■:V;
!
400
45%
i
;
^500
;
:
14%
43 y8
;
:;
;
2,200
j,
...
25%
14%
*26%
26 y2
>■
13%
,
♦25
r.
18%
17%
52%
17%
> 39%
15%. 15%
-
13%
18
18%
'
•
*
9 perthare
27% Feb
Dae
,18
18%
17
>
52%
17%
;
18
,
39%
-
..44.'1*
.
16%
18%
17%
17%
39%
1
i.
45%
45%
17
STOCK
YORK
perthare
111%
138% DM
27%
*27'
43%
18%.
100
_fl
•'">■
STOCK8
■
'
46
43%
EXCHANGE
Dec
109
Deo
14%
.*45% i
No par
NEW
25%
16% Ant
194
DM
4% May
99% May
10% May
33% May
9
Bop
11% May
14%
.No par
t
67%
42% Mar
18% DM
14%
♦13%
-
Lowest
Highest
Not
14
3.000
9,100
;
64
13%
25%
14
com—20
1st pfd
Duquesne Light 5%
DWG Cigar Corp
i
Range since Jan. 1
Highest
Tear 1947
-
25
15
No par
Corp
Preferred $3.50 serlea
3
15% Jan
25
-jHs
Preferred $4.50 serlea
17
99% Jun'
13%
25
.1
Du Pont de Nem (K I) ft Co
115% Jun 10
Mar 15
13
Duplan
18
May 20
187% Jun 14
12% Mar 11
Not
July
V
La—.100
*13%
13%
25
26%:' 27%
.No par
No par
*58%
j
13%
*14
;
,—IB
>
13%
400
34% V
*58V*
,
25
;
International
64% '>
,
64
13%
.
preferred
conv
64
♦58V2
25
13%
I
Dresser
21%
21%
*60%
.
34 >
'
•
*24%
2
$3.25 2nd preferredIndustries -easaaasa
17
21%
64%
*60%
'
.28
Co oosotwwi
,51
21%
21%
No par
$4 preferred series A.
15
:
7,200
52%
31%
52%
31%
v51%
Aircraft-
Chemical
Dow
17
Bang* for Previous
19% Not
6.700 •;
10%
No par
17
9®%
23
DM
1% Dae
9.900
41% :>
-
47%
-
67% Apr
2
115% Jun
DM
40%
40%
>
10%
,
Pepper Co
No par
Doehler-Jarvts Corp———
:B
40% Jun
18
47% Jan
A
I
40
41%
.46%
100
60
2
——1
No par
Corp.
Class
11,100
J
41%
41
33%
Dr.
5
9
8%
39%
41%
<
34
Corp-Seagrama Ltd
23.
5
18
2
9
9%
9%
41%
9%
41%
common
56
'
(
!
-
40
10
39 %
39%
180
94%
13%
4,600
94
12%
13%
42 *
9%
10
,•
13,
♦93%
34
100
100
20
Dixie Cup Co common
Jun
110% Sop
il%
X9%
14%
*93
95
41
partic preferred
Diamond T Motor Car Co
Divco
Jan
197
11% DM
13%
30%
6,400
'
42 %
6%
47% Mar
194% Oct
16% Jan
Match
Diamond
17% May 21
16% Jun
Oct
Mar
116% Doc
92% DM
47
14%
3,200 :s
31
94
*93%
;;
17
26%
34%
ctfs for pfd
29% Feb 16
;
42% July
114% Feb
173
148
14
; 30%
*
94%
•
;
41%
Hudson—
41Jun
76
*
10
19% May 26
14% Mar 12
'
•6
14%
14'.'.-
1
1
De Vllbiss Co
B
Devoe .& Raynolds class A——12.50
2
Jun
11
21%
Dm
16
*93%
26
94
95
♦93
:
95
94%
.
30
,.30%
30
•
*92%
*93
Detroit Stee) Corp
10
28% Jun
46
Mar 17
13
Oct
34
10% Mar
U% Not
I por thare
30
29%
95
100
16%
25%
17%
25%
25%
25%
94%
Detroit-Michigan Stove Co
1
>44% Jun
13
Feb
Jun '
16% Jan
21
Feb
16
40% Sep
55% Oct
49
Lowest
T
*17
*92%
Detroit Hillsdale ft 0 W BR CO—100
9
;
13% May 24
26'
35% Mar 12
38
18% Jan
19 %
60'/a Jan
6
11
22% Feb
24% Feb
11% Mar
18% DM
28
Iter
Jan
;4oo
*17
j'i
100
17%
♦34%
Edison
Detroit
21% May 17
9
12 ya Mar 30
Jan
17% DM
Apr
,
94%
17%
.20
Lack St Western.—
Escrow
28%
94%
17%
r
.No par
Escrow ctfs for com
10
52% Jun .11
28%
94%
*17%
40%
preferred
7%
Delaware
22% Mar 18
'Jan
50
■
26%
'39
common.
Delaware St
10% Feb
31% Feb
47
42% Not
14
Co
11% May 15
58
Jan
22
20% Mar
30% Apr
80
St
Deere
*2
48% May 14
20
62% Oct
13% July
26% Oct
An«
46% Mar
88% flop
98% DM
81% DM
14
Iter
17%
26
50a
34% May 244
0
*17%
*17
26%
V
17%
*93
Deep Rock Oil Corp—
11
32% Mar 16
87% Mar
10% Mar
18
46Va Jan
18
17%
50o
Decca Records Inc—
29
*93%
17%
18
93
.
'
Denver St Rio Grande West RR
DM
17%
Dayton Rubber Co—
9
14% Feb
Dec
44 ye
'
68
5
,
Jun
7% Feb
Fob
19% Dec
6% Mar
88% Mar
80%
13% Jan
18
31
28%
93 Va
*
94%
26
29%
1.700
29%
>29%
♦93
*17%
—100
15
15% Jan
-42'
38% Jan 20
45% Mar
10%
9
17
Feb 20
30
45% Oct
'
94%
♦17
series A—.—100
Jun
94
DM
<
11
94
6
Jan
85
101% Julr
31% Jun
2
Jan;
84
84
11
6
Feb
•>
.♦93%
series A
100
Davega Stores Corp common—2.50
5% preferred
20
Davison Chemical Corp (The)
1
Dayton Pwr St Light common
1
pfd 3%%
Cum
94 % Jun
4
13% Mar
Dana Corp common.
10
18% Feb
15
24% Oct
82% DM
30% Jun
Mar 16
20
52%
27ya
22%
53
/
> 27%
53 -5'
27%
*22'/e
23
1
\
U
1.000
1.500
400
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M
'
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4709
Volume 167
>'■
J
1r
(2699)
I
II
1
Xl-Pft
Lowest
Lowest
"
'
9%
11%
14%
Deo
23% July
20
99
30
14% Peb
20
20
31% Pel)
11
42% Jun
Peb
26
May
Dec
Oct
*98
110%. Feb
9
Feb
Peb
89
July
3
24% Feb
Jan
22
Jun
104
25% Jan
Mar 16
26
16% May 21
10
May 15
Feb
35% Feb
10
Feb
18
18%
Dec
Jan
17% Mar 32
12% May 18
5
24% Jan
77
Dec
103% Mar
77% Mar 29
83% Jun
Gardner-Denver
5% Feb
11
11% Feb
13
109
Jan
58%
13%
8% Feb
Feb
14% May
11
14% Jun
15
Apr 22
34% Mar 10
80 % Jun
17
42% Jun
15
20% Feb 27
24
Jan
2
Jan
28
73
Jan
Dec
.160
39%
45%
6
144
31% Mar 11
43
136
Feb
34
88% Jan
Dec
87
Dec
10%
Dec
16% Mar
May
54% July
103
>131%
Dec
4
61% Jan
I
65%
Dec
13%
128 % Jun
108
Jun
64% Jun
125% Jun
Sep
93% Feb
17
99% Jun
17% Jun
11%
Jan
12% Mar 17
Dec
16% Feb
Feb
Oct
v-
;
26%
Dec
v:
•
j;
21% May
128% Jan
22% Feb
11
Feb
13
31% Jan
22% Feb
Apr
98% Apr
2
Feb
22 % Feb
14
30
•
85
Feb
'
17% May
85
Dec
Lowest
90
Apr
17% Feb
Feb
14
25
Mar 17
5% May
7
Feb
99%
Jan
124
33
Jun
Dec
!
Mar
4
28
6
1
9%
Jan
121% Apr
lnstr
<
■
4%%
preferred—/_
preferred
3%%
96% Mar 18
13% May
7 24
Jan
16% Feb
23% Jun
11
16%
22%
22%
'."■I 9
43%
43
43%
1,000
25
243/a
243/4
3,900
17%
17%
17%
X17%
17%
17%
173/4
17%
17%
4,300
105 V*
105%
105 V*
♦105 V*
9
108
58% '
58%" "
$5
;
10
Brothers
Glldden
4 %%
—8
common
$4.50 preferred
Co (The)
3
79
9 3
22 3
,
14
31
8%
;*
8% Mar
41
Jun
4>
23%
<;\
No par
314%
41%
—
22 Va
137
♦134
41%
x40%
39%
40%
39 Va
*94 %
95%
Jurt
18
Grand Union Go
33% Jun
14
Feb
11
18
Oct
33
9
Jan
24
Mar
90
.
Feb
31
16
t
May 26
'
-K': 28
34 13-
59
May,
'44 29%
17
734 14%
■:!•->{
»
12% Jan
19
Feb
36% Feb
■>
■
;
f
70
60:
Aug
> 21% Mar
;
35
-
1
Jun"17
22
23% Jun
27
145% Jun
17
77
Apr 10
Marie
Jan
40% Jun:
!'■
27
9
•
17% May 17
'
10
Feb
5
Dec
Feb
91% Apr
16
98;
33
"Dec
.36% Feb
11
48% Jun ,14
May
»
4% May--4.;
May,1,- '
/y'i 78
6 % May
;
8%
95
Jan
'.Dec
14%
Feb
51
\
Dec
*
5% Mar
9
Feb
7
■12% Feb
11
85
4'9
395
4%%
Jun;f 4
Jun
14
-
"
1243/4
125 V*
*1243/4
99%
99 Va
99%
99%
16%
16%
16%
21V*
213/4
21%
16'/ft,
16%
99%
J7
Feb
10
58% Juh. 16
57%
Apr
67% Feb
10
80% Jun
;
re 13%
Dec
16%
Sep
.14
Jan
3
32%
Dec
39
Jan
81
Feb
10
14
Jun
19%
Feb
12% Mar
31% May
■
76% Dec
44
18
16
JUn 14
;
'
63%
64%
,
•126
30%
213/a
15% :
16%
4% M 43/8
;
4%
27.
27
127
n26
127
29%
30%
27%
,
♦121%
,
'
27
30
293/8
26 Va
26%
283/4
*89
*89
:ck.LW
92
9 per share
t per share
37%
36%
36%
37
*93
95
94%
94%
22%
23
♦82 V*
88
*83
26%
27
26
26%
54%
54%
54% >■
STOCK
EXCHANGE
85 Va
25%
26
23%
23%
x59
23%
44%
>
23%
23
32%
4%
'
7%
7%
4
7%
•39%
40%
'
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40
32%
33
29%
30
33
33%
29%
297/a'
"
99
99
13
30
13 Va
99
13%
13%
35-
;
33%,
-
4
■♦34
r
73/a
35
34%
.
32%
7r
28%
29%
98
99.
7,.; 3,000
; :
210
..■11%
13%
14%
45%
.
46%
45%
crr!4%
preferred—,—
46%
21%
r.
143
,46
45%
46
21%
21%
i.65
•
21%
-.-21%
*142% 145%
144
68
♦67—.
69%
38 %.
•/,38 V*
38%
39
15%
V
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,
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14%
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8,700
3,900
;
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69%,. y
*15%
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7y
38%
50
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.
38%
38%
15%
5,100
»
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7
200
123/a "
144
4
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16
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7
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,
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145%
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1,700
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300
r,.~*
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$
lz
46%
c.21%
ig-..
800
32%
,
35
,
23,500
,: 1,700
7%
123%
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14
2,100
4%,,
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30
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13%
200
21%
,
41
343/4,
14
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40;
40
33
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30
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v
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13
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.
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,
21%
7%
40
,
/
400
7,400
T.-
100
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4%'
4%
4%
4,300
V
i
44 3/4
100
22%
21%
1,500
,
60'/a
103
44%
V
300
2,600
21%
593/4
103
45
101
*100
223/4
Vv 4%
29%
--14
21%
7%
f
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-,..1 *34
!
40%
m'.*40
•
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445/«
101
5,100
120
21
60 Va
103
447/8
44 V*
♦100
101
:
C
5%
♦117
22%
59%
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103
5%
121
21%
23
593/4
59
102%
4%
7% ;;
i
»
44%
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23%
4%
■•>•
26
' 54% -*
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5%
200
16,800
v,
86,
25%
.
54
♦117
121
22
59%
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102
"
23%
59%
•
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23
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26 Va
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53/4
♦116%
23%
r.»
60
103 t.;
44 3/4 « 45 %
5%
121
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121
♦116%
54
54
♦53
5%
53/4
4,300
95
:
5%
Shares
35%
22%
86
25'/*
:
35%
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23%
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Sales fer
the Week
$ per share
95
22%
86
•
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V
23%
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.
82%..;
■
June 18.
36%
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95
22%
23%
223/4
35%
37
♦94
'
92
■
Friday
.
>
f per share:
f per share
f per share
373/*
Thursday
June 17
June1G
June 15
6,900
PRICES
Wednesday
Tuesday
;
*80
700
,
2
30
*89
;
,
2,900
47,700
103
29S/a
82
f
■
28%,
'
92
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V;. 90
...
%
■
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;
-
26
Va
28'/*:
30
*89
82%
/
AND HIGH SALE
Monday ""'■•
June 14
♦80
103
29%
92'
*89
82%
3-
*80
\-M
*100
29%
28%
29
3,600
1,000
27%
122
25%
■•••
28»/4
3,700
>
.
30
27%
121
A
.
*27%
103
*100
103
*100
v
29 V*
28%
900
5%
,i
29%
27%
121%
27
X281/*
;
30
27%
121%
3,200
34,700
.27%:.
127
5%
53/4
>3,100
,
143/a
♦126
127
5%
f
122
26%
28%
:
27%
27%
27%
122
♦126
57/a
5%
,
4%
■
26%;
28 V*
m.
■
27
27
,
4%
27
57/a
.
415%
14%
)
1,200
n 1,100
4,000
21%
14
28%
,29
,
1,200
16%
f
28
,
122
122
16%
-21%
,
14%
30%
27%
4 Va
■
163/*
,
14 Va
27%
*100
29*700
,
993/a
14 Va
26 Va
41»
64%
1253/4 '
14
5%
,
J
4%
j
*27%
1
280
108,
63%
.
1,800
127%
141/*
27%
;
16 V*
lev*
16%
,y
14
127
>
:^i%
4%,»
4%r
6%
121%
126 Va
99 V*
21%
30%
27%
.
100
32,400
./■
f
13
*106%
9,000
49
126 V* 127'/a
*106% 108
43,100
t,
r
-V,
5%
12%
48 Va
64 Va
28
♦125%
13'/a
49%
125 V*
14%
*27
12%
48 Va
63%
21%
,"
12 Va
49%
♦124%
17
60
95
*94.
95%
33 64%
124%
17
;
12 Va
97...
>47%
100
1
Guantanamo Sugar common
—1
85 conv preferred^——-—No par
;
<:
12
12%
$7'/
-v.
.
.
;
♦93%
96
-19
20
19'/a
a
4
96
57;;:
58
573/*.
583/4
78%.
793/,;
80%
80 Va
17%.
17%
17'/*
173/4
,57%
xG.Vr;,
'
57%"
19%
*58
803/a
9,900
41,800
30
v./'
1,800
59
79
.
17% '
,
17%
.
.20 Va
'
.79%
30
■
.
7
♦93%,- 96
20%
-17%'
44,600
;
'
^
58%
807/a
18
46%
46V2
■
96
Xl9%
:
12
96%*',
♦95'%
96%
,47%
>99%
•>
11%
4
83/a
19%
56%
t
95 Vsr-
47
,
17%
;
12%
'
.
8%
78%
85 preferred.
—No par
Gulf Oil Corp
25
Gulf States Utilities C#———No par
*
96%
47
46%
.8%
12
12 VB
*96
■8 3/4
8%
•93%
95
12
12 Va
47%
47
!
19%
19
/
*96 Vs. .97"
48%
8%:
.
95
Gulf Mobile St Ohio RR comjfo par
IT
;
—
Grumman Aircraft Corp—
'
Jun 14
x20% Jun
No par
No par
:—100
Green Bay Ac Western RR—
100
Green (H L) Co Inc.>—^——I
Greenfield Tap St Die Corp—No par
Greyhound Corp (The)—
j
>
Common '
43% May 17
12
9
Northern Ry 6% pfd
Great Western Sugar com
7%
preferred ——
Gt
.
1
Feb
95
1,700
40%
95%
; 540
1,800
>'
413/s
39%
■
50% May 15
Jan
40%
40%
108
17
i
Gt Nothern Iron Ore Prop—No par
15% May 2i :
;
29% Feb 21
*14
Jun 15
-
July
'
Dec,'
105%
it5S?
132
Feb
yj 92
'511
•
Jan
5 35%
<*
31.1.17
;
20i
27% Mar
99
13% Jun
11
163%
Dec
,•
Sep
'
1
Oct'
i
Feb
:
:
Mar 27
29i
49%
Dec
fif':34% May
? 5 -TW - 20
Dec
Mi1133
Dec
>1»(
37%
Dec;
Feb 26
9% Mar 16
*14% Feb
May.
—No par
City Steel
No par
Grant (WT) Co common
ft
3%V preferred-.
100
Grayson-Robinson Stores com
1
$2.28 eum conv pfd
—No par
'
Dec^
90
u7.
41%
39%
127
99% >
"
'
.
,
136%
403/4
126 Va
99%
4%
*135"
137
41%
*106%
64
t
213/4
12 V*
124%
:
42%
49
-
36,600
;
Va
21%
40%
•'
*94%
•■
127%
*106
108%
64%
Granite
41
80
42
'
108%
127%
127 Va
124%
1
8
Graham-Paige Motors
Granby Consol USA P—
14
107
Dec
2
23
25% Feb
80
42 V*
22
1,200
,
'
136
137
135%
41
99%
.-No par
5"Va Jan
.
17
14 Vb
213/4
10
(B P) com
Inc
12%
*41 %
22
135
80
123/4
80 V*
41%
42%
4,200
14>
80
80
80
42%
100
10
123/4
22 V*
1,700
157
'14%
14
80
50
1
100
conv
87/a Apr
3% Feb 27
5% Feb
'Jan
21%
12% May
Oct
158
123/a
12%
13%
10
♦153
10%
*153
12%
'•
v
Dec
10
10%
158
22%
$5
16
57%
105%
41%
com—Jfo par
preferred—
Goebel Brewing Co
Gold St Stock Telegraph Co
15
"57
*104
12%
13%
79
58%
105%
14%
12%
400
.
58
*104
10
♦153
9,000
106
58%
1
157
;
156
13
No par
preference
conv,
Gimbel
105 V*
>
9%
105%
57%
*104
104%
10
10
156%
13%
3 Gillette Safety Razor com—No par
r
9
Va
106
*105 V*
58%
104%
105
LOW
Par
2
9
8%
9%
■,
.
*42%
June 13
EXCHANGE
l;3:
1,100
; 9Va
S«t«fisy
STOCK
NEW YORK
500
.
43%
13%
——100
^—100
47% May 20
104% Jun
3
38% Mar 17
*16 Va
23 Va
23
preferred
No par
Goodyear lire St Rub com—No par
$5 preferred
No par
Gotham Hosiery—
No par
Feb
16%
23 Va
24%
-"i6%i
ft
Jun
Aug
*16%
41%
—100
preferred
103
109
16%
23%
25%
H-;"
,
800
16 V*
43
21%
com—mo par
11,300
22%
V*
Corp
2,200
9%
19
43
64
-
9%
9%
*18%
—:———
Time
94% Mar 11
Dec
9%
18%
16%
124%
i
9%
9 V*
18%
24%
ft
Corp—
9%
9%
18%
25%
127%
-10c
Utilities
Goodrich Co
May
2,700
43
1
Goodall-Sanford
Dec
5%
>
25
9%
43
*40%
v>:
Cement Co
91/*
9%
9%
18%
-
May 21
41%
3
44%
23%
16
*22%
39%
*93'/* .95%
243/a May 17
18
9% ;.
9%
9%
,
40%
64
'
44%
18%
9%
*18%
41%
47 V* Mar 16
95
61%
9%
10
18%
'
•135%
19% Feb
July
9%
25%
■'i;':-',
4%*
May 18
54% Jun
Mar 10
113
Oct
-
9%
44%
22 V*
?
Feb
106
40
"Mr *78
Feb
■
71%
83%
13%
No per
series
$3.75
Gen Tire St Rubber Co com—.-,
May 15
85% Jun
Apr 30
21
48% Feb 27
Dec
83%
12%
Outdoor Advertising—-No par
Gen
6
Jun<17
96% Jun
79
Jun
v
26
Sep
49
83
•:
17%
—-—No par
$ per share
Nov
21
83
Corp com—-—10
preferred
Rights-
17
39V* May 21
13
58
104%
Jun
Highest
t per share
27% Feb
Jan
103
;
Dec
82%
♦106
since Jan. 1
'
26 Ye
%
82%
STOCKS
Dec
80
83
*82%
100
—100
common
preferred
conv preferred—:
5%
v;
61% May
f 22
2
May 12
82% May, 19
Range
105%
Dec
83
12%
101% May 22
23
36%
5,100
97/b
No par
100
10s
General Refractories—
No par
General Shoe Corp
_1
Gen Steel Castings $6 pfd—No par
General Telephone Corp__
—20
12
30 Vs May
.
10
72% Jan
.
600
21%
*9%
*
Railway Signal com
v
6% preferred
Gen Realty St Utilities
90
A
18
11
Feb
J per share
7
"
11%
21
16
Gen
29% May 18
Mar 30
Feb
Highest
23% May
11%
22%
49%
Gen
29
123% Jan
13
Jan
Year 1947
f per share
12
21%
11%
Preferred
30% Jun
25
Jan
/> Lowest
43%
*11%
49
$5
6% May 24
14
4% Mar 11
Oct
Range for Previous
1,300
2,100
,
•'
12 Va
44
44%
11%
Mills
General Motors
May 18
Jan
98
Dec
Nor
90
29
May 12
108
85
81
4
30
13%
13%
»'
22 V*
156%
21% Mar 16
40%
13%
9%
'44%
J
Feb
108
13%
9%
21%
,*105 V*
Jan
30
Dec
'
♦11%
:>>■
Public
% Jun
.14
;
25%
Precision Equip Corp—JNo par
35%
19% Apr
95
■
9%
49%
com
preferred
3
'
'
13%
9%
550
2,600
25
*24%
22%
9 Va
Public Service
25
14%
25
.
11%
'
23
,
Gen
<
14
25 "
4,000
:
:
22%
■»''. 42%
Gen
'
25
44%
11%
22%
Gen
4
;;35
12%
*15%
'
4% May 21
110% Feb
104
35
22%
9%
14% May 15
124% Jan
Apr
44
104
35%
2,200
"43 %
10
18% May 27
Feb
46%
103%
*33 Va
35%. '35%
25 V'
*24V*
25
9%?;:
46%
103%
46%
104
104
600
18,900
:
9%
"43
No par
Co
General Portland
29%
May
101%
Electric
21% May 25
36%
4
18% May
26
46
103
35%
13%,
;>>- 18%
13
6%
3% May
4
■■■i
10%
;
83
22
124
33
10%
11
12
2% Feb
Feb i
32%
10%
400
5,100
22%
11% Jan
140 :
33%
10%
35%
'25
42%
16%
May
/
32
10 Va
"
9%'
100
11
Mar
31%
10%
47 Va
102
36%
; .;■■13%
Feb
14
X30%
107/a
47
47%
103
>
36
■*'■;•' *24%
31%
Dec
19
125
.
46
1
com
3%%
10
4%
31%
10%
49
14
26
•'
v
16
No par
1
:
Dec
15%
xii
;
10V
19
19%
2% May
16
No par
No par
—I
3
20%
'
15%
30%
58%
'
v
16%
General
2
10
119% Feb
107%
*16
107/a
*103'/*
$3.50
50 % May 15
50% Mar 16
Feb
129
15
14%
General Instrument Corp
8
25
Feb
34%
14%
31%
5
2
17
Mar
Dec
13% May
18% Oct *
-
Jun
13% Jun
1%
97
7,000
520
34%
16%
50
1.66%
Inc
preferred
General Foods Corp
Jun
96
118% Feb
Feb
700
:
*100% 102
14%
16%
102 %
101
34%
10%
No par
-—No par
Co
Industries
conv
General
May 27
40% Feb
Feb
*122
3
41
2
Mar 13
9
400
197/a
41%
14%
♦16 V*
"
Mar 19
Jan
Aug
V/, 34%
Dec
May
19%
40%
♦34 V*
16%
*34
15
pfd series A
No par
General Baking Oo common
5
$8 preferred
No par
General Bronze Corp..
5
General Cable Corp com
No par
4%
1st preferred
100
4%
conv 2nd preferred
—50
General Cigar Co Inc com—No par
7%
preferred
100
1
9% Mar 17
Dec
19%
41%
101
101
♦100%
34%
14%
1
$4.50 preferred
9
Jun
9% Feb
May
94
10 % Jan
159
1
Feb
32
19%
41
41
14%
34
15
30%
;
$4.25
Jan
Feb
3,900
58%
34%
34%
14%
1
General Amer Transportation
14%
83% July
Feb
100 7/a
*34
General American Investors com—1
May 12
18%
.
33
120%
4
63% May 15
106
28
Apr
146
July
100
20
com—
Gaylord Container Corp
18% May 15
105 % Jun 15
6
Wood
4%%
May 20
26 % May
50% Mar 11
100% Jan
Dec
185
45
99% Mar 24
Oct
102
Gar
9% May 20
5
13
Oct
101%
v
49%
107,
*56%
57%
2,100
/,
1,400
48%
*106%
57%
19% ; 19%
41%,
41%
50
*106 Va
57
$00
24%
;
63 Va
107
49
49%
107
106 Va
57
19 %.
41%
1
(The)—.
16
47%
123
Co
24
Apr
100
Gair Co Inc (Robert)
17
Apr
23% Jun
137
\
Gabriel
10% May 22
13
Dec
19%
100
10 V* May 21
27
16
19%
42%
-10
1
common
*
58 Va.
101%
—No par
preferred
cum
Feb
Sep
43
4%
18
37
i "
18
12% Feb
71
23%
Co
49%
49%
58
19%
.
Trailer
.
v.
107
j
58%
41%
Machinery Corp (new)
eum conv pfd
Fruehauf
,
940
-
'
.7*
Corp
Feb
Dec
.
Steel
Dec
Jan
49 %
*106%
.No par
6%
preferred
Gamewell Co (The)
18% Feb
49%
107%
v
No par
5
30
49%
*57
No par
preferred—
Jan
Feb
r
Stores
20
23%
May
#
1
£
-
'
11
Feb
.
*io6%
National
18% Mar 23
Oct
8
7% Feb
t
47% Jun
6% Mar 16
Feb
9%
Dec
.V11
63
Oct'
Apr
9%
,.
43 %
;
Dec
149%
24%
65
17%
Nov
48
24%
64
Jan
10"% May
100
24%
65%
22%
4% July
26% Aug
14% May
*101
25 Va
65
21
■
12% May
14% May
I
24%
65%- V
10%
5% May
Jun
18%
;
25% „\:
65%
10
.-100
10
23
Francisco Sugar Co
No par
Franklin Stores Corp-:1
Freeport Sulphur Co
10
Froedtert Grain Se Malting Co Inc.l
*5.;
Jan
•'
25 %
65%
:
.10
Foster-Wheeler Cbrp common
6% prior preferred
38% May 21
27
5oVa
17%
25%
_1
3%*
22
,
25%
» 65%
1,500
5,800
23
Food
16
12% Feb
;,25% Jan
Dec
23
Food Fair Stores Inc
39
8%
22%
Pollansbsa
Nov
•
22%
Florence Stove Co.
12% May 24
47% Jun 14
24
Feb
;•
Dec
May
11%
23%
84
6
13
"36%
>
23
12
40% Jan
11
9% Mar 17
26%
12% May
23%
23%
(The) Carpet Co
—No par
FlintkoteCe (The) common—No par
8% Apr
a
23%
16
14% Mar 19
32%
19% May /.
23% May
96 y4
23%
■
31%
96%'
Florida Power Corp.
FlorsheimShoeclass A
23% Feb
110
31%
96%
14
Dec
15%
Dec
31%
Jun
-
Aug
33
<
15
21% Jan
May
91
.;
40%
,
30%
96 Va
Firth
14
36% May 26
26
21
24
May
14% Jan
: •
Feb
13% Feb
30:
Jan
17% Jan
18
<
30%
97
First
15
'
41%
4,100
30%
May 27
*104
10%
96%
Plrestons Tire St Rubber corn...—2ft
May 17
7
10
30%
Co
Enamel Corp
—
Fidelity Phen Hre Ina N Y.
50% Mar 31
7
107% Jun
5
10%
100
18%
99%
Ferro
May 28"
21,800
'
42
18%-
97
9
•
10%
113,200
15%
*41%
18%
10%
'30%
26% Juh
14
10 V3
10%
Xl0%
.;11
15
15%
42
31%
Peb 10
53% Feb 28
Peb 11
18%
97%
Felt * Tarrant Mfg
68
♦41%
18%
Shares
11%
30%
1
'
15 V'b
42%
18
II %
£-97%
24% Jun
39%
Deo
413
T
21% Jan
>
11
7
14%
*41%'
18%
>
false fer
the Week
I per share
11%
15
15%
18
19%
11%
42%
*41%
,42
*18%
11%
11%
11%
15
15%
42
\
$ per share
-No par
15
58% Jun
May
STOCK
-10%
Friday
June 18
June 17
June 16
I per share
t per share
10'/8
Thursday
Wednesday
June 15
4%V convertible preferred—19®
Federated Dept Stores 00m
99% Jun
104 i- Peb
Dec
9%
14%
CLOSED
31% May 14
43
.
>
Federal Motor Truck—:——No par.
49% Mar 18
62%
»1% May
14% May
24
Feb
9 per there
1
EXCHANGE
May 18
June 14
8 per share
12 %
18% Mar 17
59% Feb
'/'.Pgr
>;•.;»
BALK PRICES
AND HIGH
Tuesday
Monday >■
'
-
Fedders-Quigan
Oorp
1
Mining dk Smelting CO
1
Federal-Mogul Corp
————-I
9
20.
107% Aug
Saturday
June 12
Peaerai
10
Feb
61-
3
Peb
90
Jan
Jun
Sep
18
Jun
20% Feb
*
26%
.
46% May
42%
15% Jun
26%
Dec
20% May
104
Jun
;
20% May 22
43
Mar 11
8% Mar 11
28% July
107%
Dec
11
16;
-
Feb
14%
9% May
Apr
19
97%
Feb
11
42% Mar
Deo
16%
LOW
/
/,
Farnsworth Televls'n A Bad Corp
>11% Jun 16
4
20
35% Feb
Dec
May
32
5% Mar
Pel)
4% May
>u"'.•
t per share
share
t per
t per share
$ per share
EXCHANGE
,
RECORD
"
STOCK
NEW YORK
Range since Jan. 1
Highest
Year 1947
Highest
•',»
f'f
STOCK
YORK
N EW
STOCKS
Ranee for Previous
•
.
80 V*t,
17% -
"124.700
32
7-
;f"-9,200
;
H
Dec
19
Jan
13% Mar
87% Dee
112
Feb
79
13
102%
Dec
108%
Sep
9
3
Mar 22
*101% Feb
10
35
Apr
10
16% May 22
X14% May 21
89
107
Jan
Jun
12
16
Water-
Hackensaek
*
<W F) Printing Ce
Hamilton Watch Co com
4%
Hanna
conv
footnotes; see page 26.
*31
32
'
15%"°
♦14
14'/*
.*
10«
•86
87%
^
•105%
(M A) Co 84.25 pfd—No par
fl(it
"
No par
preferred
-»4-
For
32
!5%
ft
Hall
'»»
107
.
.
..
155/a
14
87%
*86
106
106
'
33%
32
>5%'
15%
■415%
♦14
14%
*31
"
14
14 Va
*32
33%
153/a
14'/*
33
' '15% "15%"'
'
86
86
•84
107
♦106
84%
86
107
*14
108
T—1
-H
*106
85%
300
r 1,000
200
100
>
t
20
108
K. <Wn.
—
"(
•y
'■
16
14%
uSS
1
rr•
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v
~ "~t
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-
4
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COMMERCIAL
THE
(2700)
20
Lowest
Highest
I per
share
19% Apr
I per share
share
27% JUn
147-
Jan
1(0
9
150% Jan
21% Feb 24
Mar 24
37% Dec
r
Oct
I per shara-t
>.
'/
.......
Monday, June 21, 1948
Harbison-Walk
28
•
6V
v,:.y'■
RECORD
Saturday
"
\,,•
...
-a,
STOCK
Monday/:
LOW
'*
KXCHANGK
Highest-
1
'
YORK STOCK
NEW
Range sine* Jan. 1
Year 1947
Lowest
YORK
STOCKS
Rang* for Prerloua
1M%
FINANCIAL .CHRONICLE
-
•
NEW
t per
&
•
t per share?
4
eoaa—No par
Refrae
profsrrH
Jniietl
$ per share
Par
*■
;
t-*26%
_100
'
SALE PRICES
HIGH
Wednesday
26%
26%.
26%
"
26%
26 Va
152.
"148
for
the Week
t per share
26%
V -I.. •14ft
152-
Sales
>
June 18
I per share
26%
♦148-
Friday
-
June 17
I per share
152
♦148
152
Thursday
June 14'
J«n* 15".'
t per share- "
26%
,*148
AND
Tuesday
•
June 12
Shares
26%
900
152
-
'
10%. Feb;
6% May
6
Dec
100%
12
Feb
4% May
9%
Dec
35%
May
11% Jun
Mar 10
*20
26% Jan
21% Feb
30% Jan
27
14
1
Hat
Hecht
Dec
103%
Apr
78
Jan
27
901
Jun
8
35
May
42%
Feb
35% Apr
13
42
Jan
2
103
Co
3%%
Heln*
3.65%
May 28
Co
10b
July
85 Va Jan
23
68
Jan
51% Feb
9
140%
Dec
165
Jan
Jan
7
10
22% May 21
Hercules
9
57% Apr ' 6
Hercules Powder
140
14% May
22%
Feb
14% Feb
50%
63
Feb
46
Sep
134
38
Sep
Oct
134
20
Sep
126
Dec
29%
Sep
Jan
29%
4
27% Jan
9
Feb
18% Mar
86
10%
Jun
14%
Dec
Jun
33
Dec
28
Mar
14% Jan
,
Heydfen
i4sy4
Nopar
...
55y8
100
*125%
No par
com
1
25%: Jan
24,
Feb
Hires
2
Co
(C
Apr
x29%
Nov
20
21% May
31%
Jan
21% Feb
5 *
29% May 20
Holland
14% May
20%
Oct
13% Feb
11;
16% May 17
Hollander
17
29
E)
*29
121%
26 %
26%
1
27 %
28
85
85
TOO
5
*11%
.TO
1.1
The..
11%
*21
35%
22 %
;>
92
*38%
„
101
*90
152
*148%
?
500
500
■
\
101
•
'
«
•;
30
60%
*143%
152
30
19%
x!9
19%
18%
18%
1,300
55 Va
54
55
54%
55
5,100
127
127
126%
127
29
120%
28
23%
*120
120%
121%
26%
26%
27
28%
28%
28%
86
86
85.
85
11%
11%
11%
♦35,
70
>
28;
900
120%
27
70
27
28
2,700'
•''
28
*85
86
2,600
120
*11%
35%
21%
22%
127%
28
120%
27%
28%
35%
*21
40
*59%
".'••
'
:
92
.
101
603i
2,000
26%
—•*38,
101
:: *59%
19,600
22%
26%
-
"
40
28 vx
11'/a
35
35
*90-
26%
27%
10
11
*22
86%
26%
*85
11
27%
152
29
29 va
*120
22
*26%
60%
*125%
127
♦125%
29%
5
Corp,
preferred
Hilton Hotels Corp
Hinde it Dauch Paper Co
cum
'
22%
127
22
/ ;
11%
19 V4
55%
120%
-
120
100
2,700
54%
'
20%
55j/8
10%
102
*148.%
/
8
10
'
38%
*59%
800
77
-
10
92
38%
*101
*19%
>•■•.■
557/8
29%
No,par
*148V4. 152
;••
20%,
,*20
No-par
commen
Chemical
3%%
2
Jun
Motors
preference
Hewitt-Robins
Inc—
16
37'
19
I
10% Apr
26
i48y4
*7%
22%
-
31%
*76%
10%
11%
*90
-
;
60%
:*59%
.
V/e
76%
J
26% .,28%
102 y4
♦101
60%
.100
$4 ' conv
2
Jun
*59 y2
7%
22%
39
*30%
10 %
26%
92
31
76%
22
39
.
102'/a
*101
25
preferred
non-cum
-
77/s
31
10%
II
*90
40%
'
77
10i
11%
26%
92
*38'A
100
common
♦76 V*
lOVs
11%>
■ - •• •-iiv*
•
31%.
♦7%
77
-
10%
26%,
*90
f
-25
,
28% May 20
79% Mar 22
W)
r>" 26%
100
5%
preferred
/Hershey Chocolate
2
30% Apr 10
122% Jan 12
'
Mar 22
21
7%
1
128% Feb
2
27% Mar
114
(G
Helme
9
Jun '
153
21
Feb
121-
Mar
Dec
118
Mar
60 % Jun
,
11%
♦3W4
••
8
•76%
'/
"" 22 "»»«»^21%
21%
■v-
.31%
'•'*7%
ft
10%
11%
..15
preferred
cum
Dec
Nov
1
31%
J
77
10%
:
_—5
common
49 %
X99
*7%
.
>' *76%.
2
preferred
J)
'EXCHANGE
CLOSED
„
32%
x31
l
'
1—I
common
(H
STOCK
w--i
cm**, m.
Hazel-Atlas Olass Co
5
May 21
90
luner
ui
18
Man
Hayes
10
„
Corp
8
4%*. preferred —,—
Industries Inc
Hayes Mfg Corp
0
11
U
6% Feb
Jan
22
Jan
10% Jun
11
Schaffnar
Mart,
34%. May 15
7% Jun
4
79
Mar 16
6% Feb
Oct
25
24
6% Feb
73
Apr
May
75 y*
■
27% Mar If
39% Jan
»*» u»j
11%
11%
11%
35 %
35%
35
35
;
21%
1,400
>'
;
500
21%
22
28% ;./ ; >
21%
f>
28
22
28%
28%
-
300
"
'
■v
May
25
Jan
15% Feb
14
35%
Jan
48
Jun
37% Apr
7
30
Nov
36
Dec
26% Feb
11
19%
Feb
14-
56
Feb
.
13% May
35% Jun
-
(A)
Houdaille-Kershey
Feb
36
27"
$2.25
14
46% Jan
...5
Household
Jan
10
34% Jan
85
Dec
105%
Sep
88
Mar 30
94% Jun
7
45 %
Jun
38
Mar 12
44% Jun
18
28%
Dec
20% Feb
11
38%, Jun
10
Houston
Jan
20%
29
Dec
of
OU
Feb
31/
*93%
94%:
43 %
-
37%
Jun •' 7"
Howe Sound
9
Co.
3
7%
May
4% Jan
Feb
13% Mar
7% May
14% May
5*
43%
Feb
34% J^n
20
45%. Jun
12% May
21%
Oct
14% Mar 17
22% Jun
15% May
30
Jan
7%
3% May
1
3;
Jun
Apr ; 8
Hunt
5
Marie
13
May 17
Hupp- Corp
14% Jun
11
Inc
Foods
L
,
^
*21
46
22%
:,;
♦21
46
4%
478
12.
45
22%
is
21V«
21%
21
17%
18
17%
:/
,
Refrigerator
Co
17%
4%.
7 4%
4%
14.%
14%
*17%
4%
13%
13%.
No par
14%
4
200
Jy
i,5oo
5
■
2,500
13
21
.:
400 *
%.>/•;:
3,300 J
r
>21%
*16%
14
21,000
17'/a
.
1,700
''
4
3%
80
11,200
> 44%. 7.45 l/a
17%
3%
13%
.
4,000
>;
21%
*12
-
>
;•
46%
21%
21%
37%
>' '5
12
44%
1.000
V
44%
46%
;
5
12%;
45
'
-
93%
-21%
46%
44%
-n
"32
44%
■
21% "
tk
v
1,200
i 2.300
y y
1.300
36%
:
•
37%y-, " •••
12
4%
4.%..
21%
*12"
>
17%
43
93%
44%
45
18
c7V':17.%,
t
7,400
.
'
31%
94
;
: i2
2,900
"
33
17%
43
32
*7'37?
45%
45.%
'37%
33
V:
'
,.44%
'
44%
22.
32
38%
21%
5
18
44%
46
5
33%
28%
37%
42%
,*93%
21%
-5%
7
93%
44%
-
27%
v
93%
;37%
y
33%
42 %
43%
46%
■
5%
1
44
I
V- ':■/
37%
?:"•: 17%
-
31%
31%
'
94
38%
44%.'
6.66%
_
.
>*93%
>42%
37%
l//: *12 -/•- 13
;;
31%
,31%
•
/
34%
2,300 i
15
*14
27
'37%
'
'Hussman
16
42%
37%
22% ; .'
-
46
100
Hudson Bay Min it Sm Ltd—No par
Hudson Motor Car
No par
10
:V / *'21 %
lbo
common
preferred.1
5%' non-oum
3
9
-
19
13
15% Feb
Feb
Hudson & Manhattan
Mar* 6
7
2
9% Apr
May
;
:■/
..5
—
'
33
18
42%
38%
,.25
Howard Stores Corp—,—;
Jun
17%.
43
j
*42%
tc
v
i- *33%
18%
32% <>•
<
100
Texas
V
33%
x42%
38%
'
15
26%
18V8s
'
'
*14
26
37%:
v.-; 33%-
18-
No par
47
11
Jan
,'32%,
15%
*25%
-
-:
28
7!
*14%
,
26%
37%
42
A2
.
26
•
34%
*33%
No par
com
preferred
23
19,
33
Feb
38% Mar
31% May
3%%
38%
;. 17%,
..'.50
Houston Light it Power
29% Feb
Oct
36
2
Finance
28%
27
37%
:7
16
*15
/
rW:
26%
V; V
-
x28
28%
28%
.
15%
*14%
.No. par
com
preferred.!/
conv
29
28%
f
..12.50
37% May
16%
-
—.—.10
Hooker Electrochemical Co—
1
-iV
::"v
__5
:
vHomestake Mining
18% Jun ' 9
9
&■ Sons
5
...
*
Dec
44
Mar
(Del)
Holly Sugar Corp
May 19
42% Feb 24
,
Furnace
13%
35%
35%
>
7,000
i4y8
4,200
"'V-h.
30
39% Aug,
May
30% Apr
35% Jun
16
18% May
37% May
32%
Dec
27% Mar 16
41% Jun
Dec
62% Feb
93
Jan
97
Aug
95% Mar, 16
86/ Jun 17
97% May 17;
Jan
26%
Dec
24% Jan
36% Jun
15
1
27
11
22
28% May IT
7%iiay
*21
11%
Dec
9% Feb
30%
Dec
Jan
20% Feb
12% Jan
17
July
*35'/a May
50.
Dec
Idaho Power Co
>
Illinois Central RR Co common..100
169
30:
12% Jun
3
25% Jun
May, 27
39
Feb
10;
Jun
15
150
Feb
10
180%
42
Oct
34% Mar 10
17%
Nov
15% Feb
Feb
6% Feb
Jun
May
108
7,
9% May
May
5
Mar
2% Mar 10
15% July
103
Jan
6
May
22% May
76
186%
11
10
154% Jun
x34% Jun
161% Mar 31
,174% Jun
11
Feb
5% Feb
Oct
23% Feb
Jan
74
96
Dec
5%
36 V,
130% July
38% May
137
59%
Feb.
135
Oct
94%
Dec
9*
May
16
116
Feb,
46%
107%
Apr
37% Jan
Sep.
58%
r
49
Dec
63% Oct
32
40
Jun
Feb
Feb
86
139%
3
May 11 '
1
*98 % Jun
28
14
.
^/a
107
May 28
2
2
39% Mar 16
45
Jan
If
43
1
Jun
Mar 12
61 % May 28
Mar
35
:
30
,
preferred
Co
'preferred,.^—
International
..Nopar
Shoe
International Silver
35% Jun
Intertype Corpi,...
14'y
39% May 20;
Island Greek Goal common
May 25,
»/
/ ^
9 per share
Range sines Jan. 1
< per share1
,
Lowest
STOCKS
.*4.
* *
':
.
I per share,
1
6%
Jun
13% Feb
19%
Dec
80%
Dec
24% July
104ya Feb
39% May
53
Jan
7
Mar 16
19%. Jan
82,
flj
May. 15
39% Feb
18
10
i"
.;**
•'
Jacob* (F I)
23% Jun l4.
May 28 "
104%
Sep
92
Feb
13
37
Jun
46%
Oct
34% Feb
10
Dec
125%
Oct
100% Feb
20%, Feb
11,
100
Feb
10
106
May 21 »\
145-
Jan
29.
158
jun
98
Dec
34% July
112
Jan
145
Dec
151
Dec
39
Feb
27% May
86%
25%
Dec
Jan
101%
40%
Feb,
Oct
19,
29% Mar 16
83% Feb.
6
31%. Feb
11,
*155
160
*8%
8%
2,100
.
71
:>>•
20%
600,
>-53:,;.yy.y
•>■• ■•' 44
44%
20V'4
//> *8' "
23 Va
s
3%
;/•
22%
3,200j
f
•
44?>:
20 va
20%
:>*8%
'
V
8%
Jun
99
May.lt
42%. Jun 11113% Jun
9>
33 Vi Jun
10
i'U i 33.%
-
-v
*86-
4%
-
■
Dec
•
11
1
22%. Feb
14
Feb
11
21,
May 20
108% Mar
90
Feb
17
98
May 11
23% Feb
11
16
May
47% May
29%
JUn
17
58% July-'
48.% Mar 12-
60
Jun
16
13% May
20% May
18
14% Mar 17
18"
May 22
20.% Feb
24% Jan
22% Jun
13%
Dec
Nov
26%, Feb
20
Jan
21%, Oct
17
41% May
52 '/a. Jan
42% Feb, 13
Feb, 10
44;
60,
10;
9'
Jun.18
45.
Jun
1
33
Apr
49%
Feb
36:
Feb
13
Dec
27%
43;
Jan
21%
Feb
19
Feb
11
24
May 24
103
Dec
116%
Feb
92% Feb
21
19
1'1% May
20
Feb
11% Feb
65%
85
Jan
63
Jun
Mar
8
25
May
38% Oct
29% Feb
11
90
Dec
102% Aug
91% Jan
5
51
Apr 20
103% Jan
Tea
Co
Vv,;. ,.*98%:-
98%
.
*137'
"
63%?''
98y8
It -•
92%?.;
-11
;91r
10%
/
11 >7'/
91%
•>
/•
♦62c
63%;
43%
y'.-43%y'
58%
<?»?-'-
36 %
63%
■,„$ per thar$
58%
2,000
-y
>
*62V*
*43
31
-
120-
-
9,300
.1,000
1.900%
-
530
63% 1
/43%"v
58%
408'
58
14%;.
♦140.
144
15 "
y
X36%
*
*140
33%:
14%
14%
»
>4";26%Vi26.%:
»'33
33 %'
-36%
36
15
:/
26% •; 26%
> 33%
33Va>
3
^6
14%
14%,.-14%
y
♦
*33%
36
14%,
14%
-
:
700'
26%:
;
32,800'
r.
14%
•
='
;• •v:;'y2,700--:
26
:
.
:
-900 '
V
'
33%"' K
.33%
1,200
>
*140
>;
1,900
'
'
>36
36%
144
36
14%
,
:
144
" '
Tuesday
Wednesday v-j yf
«•'
.
\:f*tdaw:.-y
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Shies for
i:pershare
>
> "y Shares
% - June lfti' •*'
;•?'>.#
>/.-'•-
or#-
Co
Inc
STOCK >»
('
EXCHANGE
-
_l.No par
com
-
Joy Manufacturing Co.
23%,
•
85%'
85%,
;'••
46%-.
..
the Week
$ perPhare *
46%
r.-.V'<'!4:46.(
;»!
CO
9Vn
*24j
24%,
86 ;
86
41%
•«>
♦>ii2
42%: <tWi41..%.'
fshares-!
••
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.
•;
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33
1051/2
^.n56.;->>';170 ".••.''•
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>
105 Vi
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46%
46%s>
•
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41%
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115%
32%
> :• *112
32%
*
104%
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y
46%
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-
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170 "••'.'•' "•"♦156
36%
105%
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:'
36%
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*
'
88\ y
39%
39%
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18 V4
39%
88%// /">
39%. • .•;>'>;
18%
18%
18%
*96 V2
97%
*96%
97 %
*87?
•-
:
*
10
4,400
32%
Kslamaeoo Stove it Furniture
Class B
Kennecott
Jan
2Q
Jan
40
Oct
32
Feb
13'
39% Jun
3
Jun
59
Feb
45% Feb
18
56% Jun
11
Apr
52%
Oe*
4t
13
47% May 18
conv
cam
(G R) Co
r
'59 %
Kreu
(8 H) 4t Co
Kroger Ce (The)
42
1
21
;
58
5
45%
.Nopar
'••*41%
Noipar
22%
*87
.18%
/'•;..
yy/f-.
:
-
41
'
59 ^4
%■
97%
42 y4
"•■j
;
4 fi.
V
23%
5,000
2iy2
46y»;
59 %
16%
16%
22'/8
23
23
60'
16%
16%
16% '16%
v
21
•>'.-58%
•■.'-••'"45%
24'" :••"'.'
:•"'
23J/8
■'
•'
42%
;•:
'
18%
*96% ->97%
44
59%
60
59%.
*23 V8
•58%"
41%
42%
59%
*59
.
43%
11,800
23
400
16%
22%
.
700
>'.
,61,
16%
,
102%
1
*14
10
ser
100
:
102%
21-
203/4
21
20%
20%
20%
58%
59%
59-%
59%
59 y2
46%
800
1,600
60
46 V4
1,500
(
20.%..
58%
47
45%
46
*
68%
56 Va
44%
94 Vs
;
;
:
56%,
>
-
22%
102
102%
:
■
*42 y4
42%
21%
-
102
14%
14
6-7 y4
68
35 y8
35%
93J/a
94
21
-
102%
13%
14
68
16,300
46
46 y8
42%
42 y4
207
21 %
21%
21%
5,300
102%
102 y4
.
6,000
*
103
170
200
13 va
14
68%
68
68
13%
70
35%
34%
35%
34%
34%
2.500
*93%
94%
93 -
94
93%
93%
270
37
37%
37%
37-
56 va
56 %K
45/
55%
56%
44%
45%
■-••• 45
*68
42% :
35%
.•
37 va
V37%;
"45 va
42%
42% >
22%
67 >/4
♦14
14%
35%
37%
"
22%
102 «/a
35%
,,.*94
V
*41'/a
22%
68
>T
_10
No par
42%:-
37%
37%.
-■;•■
37%
55V4
55%
44%
45%
"•♦55%
45
v
3,100
•:•'
56
45%
•' '•
H
''
200
^
39%
39%
>
y-14,800
36%
> 88V2
"
.No.p&r
;
"■r *96%
l: ,-'42 Vi'-:
J-< 23 V*
No par
i
18%
18%/ -18%
"*
100
;
^-i>
*16% ":-i7:'r->
common
Koppers CoTnc common
Cumulative preferred 4%
Kresge (8 S) Co
*
97%--
I
2nd preferred
$5 prior preferred
•-
y
No;par
-
Kern County Land Co
Keystone Steel, it Wire* Co
Kinney
36% May 27
z
♦96%'
TOO
z
Copper
Klmberly.-Clarlc. Corp
2
l--48% -18%-
vNo:;par
Kayser (Julius)- <fc Co.^...
,-__5
Kelsey Hayes Wheel cony class A..1
2
Jan
:
City Power it Lt. COr-- !
preferred.:
100
Kansas* City Southern .com
4% non-oum preferred!:
14% Jun
34
I
3.8%
.10
:
3,300
105 %> »•:>>/: 50
V 170-
35%
88
/
boo-'
-.4
116%
/ 32%:
170 "•"">?
35%
■>
4i%'>
99 y;
♦110 '
400
,170-
>6%->
41
41%
116%
4,500
:
86
*98
V
9
24%:
' i
86
32% > 32%
109%
•37%) :^y}36fZ88%
*23%
.
'
.
'
-
8% >"
9%
24% y
86'A >-'•>:
99 >•>
41%
*111'
•
'
32%
170/
39%; >4ft%,
"
8%
*23%
•
46% * *.'■'
9^
42' < /:>,:•■■
115 »/a
88*%
1
;
9
25
86%;
"
>
104%;; 105%
"?•
■
>.
*46
46.":
:
>116%;
33
V*
-.CO >
85%
,
j*98»>.;99
12 %
commoac
^22%;
Cv
CLOSED
4%, 2nd preferred series- A.___:100
75
40%
For footnotes see page 26.
>,
SALE PRICES >
,>■ Monday.ai:-;.:/;.--'
Joliet & Chicago RR stamped.
100
Jones- it Laugplin Steel cdjrn—No-pa.*
6%' preferrecb series At..——.100
4%
45
Feb
1
41,900
r
•
n40.;> ;144:.y;>7>140?''.; 144
/iy/-:4'
59 T'
-
♦33%
;
•
36%k(r3^i''
: •
'•
-
90% ^
90%
?f.i-43%4:4 zm
43%
\
4%
98%
98%^"10% *11%
'
.
>
4,000
"""'•61% ..,.61%
10%
*62%
:>
33%
90%
'
790
17,300
,
137? ' T37%i,y,
62
10%
> 90:
»
91
90
.
4%
'138_„
60%
-y
8%
35%;
32%'
'•••:•:
-
1,400
22,600
.
172%
8%
*85
-
33%
98 " ""98l/4
,
It
♦901/2
i
,
>t: :ii,2oo
33%
34%
4%
■
140'
1,600
s
149-
171%
■
88
4 J/8
33
13a
"
98%
'
>172
*86%
••
V 6I.V2
63 ••/• •63%
•146
8%
2,100
i
16 Va
•'•;•;"> 33
35
~""33%i-r'
.
♦137.
June 12
1
Johnson it Johnson
2
95
l"
iy
>: l.ooo
3%
16
149
34%
7
4'/a
4U.
33
,
:>»•
7
•
16 Va
ay4
:v
X35V4
...
4%?.;:.:,:'77 4%^-
172
f
8%
8%
36%
:
33% >/33%/
172.
172%.• 173-
3
148%
v
1-W5-W.;3SY4&*&tfr34 /v/34%" ';
3%,%-. cumulative preferred-.-.lOO
John* Manville Corp com—rNo par
3 Va,%- preferred
100
37%. May 21
93'/a Apr ,1ft
43 V« Jun.
Jewel
Kansas
94
;
5,900;
•••
14
f
9.800
>
22%
22%
'
*101% ,103
102 %
*3.
15%
150.
.34%
33%
.7
22%
*101
i
^7^-3:
154%,152-7 152'
34%^
: /
t 101%
-
3%
/
15.%-^.1677'- v;-15%
f
-.
"■r> 22%
23 %•
*
103
not
.;263ffvr8.;26%?i
.
Saturday
Jaeger Machine Go common—No. par
Jersey Cent Pwr it Lfc( 4% pfd..l00
30
Dec
24% Sep
'
I.
4,100
iV'l .2,600
13%
71
160
>7 44-
20?
11%
24%
/
52%
70%
*155
.
43''
8%
:,
70%
-
2,700
vV'- :-
89
108%
*155
'
"
.•.tlL'/Cj/ /''.--VH
j"#r
May 27
92% Jan
48Y
8%
>
23V4v
14%
s>
('
■
8%
160
43%
43%
20 %;; 20 %
u
*33 %
u.1
WEW YORK STQQK
■i'-h: :1XCHANG«:K>V;^/:,V!
Highest
I per share* >
.
f59%
,'59:. ' '-' 59
36'>«M,v'v„,*3a% > 36 '
15%- 7V:% 14?,4
15 %
•&:< 15.//:;T5%!; -v 7-15% :-715 % *'
59
>-
,__No,par
!i__;50c
$6 preferred.
Range for Previous
.
,-' -*155
20 %
,43y444cr-.'v- -.-*.43:
;
.
*
Highest
160 "
53
70%
,*6i%.;'r6462%;
:
29
common
16
May 27.
26% May 27 '
Year 1947
71 >'•'/
,92;
No par
1
Lowest
53 %•
70
.
^^^..No par
9
It
145
>,
53
75%
♦13
-
■
570
29 %
29 va
■
22%. Mar
18
53%
54%
i i i 10.%.?
-
100
17% M ar
137% Jan
'
7'.t:; .63 %v- -64
>
.98 i'i' 98 V;
/
16 V* May 27
18
13%
4.%
Amer,* com__N© par
International Salt
:
Mar 31.
U,
29% Feb
13%
*13
33 ;:y733%>:.^;- 33%::'- 33%V:.*137 ::.138 :L:ik.*l37 . 138
<
?15
com.
27%. Oct
11% Feb
13%
13.%
:.7
loo
;
26%. Feb
Feb
24%
170%'T73~_
-100
....
Apr
17%
11%
24%
■
'"^6-^.8%■:!JIr 36%
37y8>^J36
y*87 7^ 90 V-^w
S
com-.
May
4
11%
24%.
34.'--
_10O
.....
19-
11% Feb
11%
24%
154%
Syju class* A..23
Chemical
20
17% Feb
11%
24%:
*8%."
•■>
1%. preferred
25
International Telep it Teleft_.No par
Foreign: share ctfs
No par
Interstate Dept Stores.
No par
9% May
9%' May
//11%
23 Vb
(new),...No par
^
it
Int'l Rys-of Cent
5%
preferred
,
11%.
:
30
97%
37
•
64
24
$4
*
29
Jan
29
31,000
300
*95
*36%
24%.
«l>101
103- ™ v
M?" 3%"/;3%
r:.>vT5%t"' Ife%,',-
Nopar
;
International Paper
May 20
:v,':
2.400
r>:
85
85
36%
29*
'■
97%
35%
28%
28%
■<
42% ; 43%
>
-100
com
preferred
Preferred
'
'
;
40% >> 41%
%>>?/>:
86 *
96
■
V!
*155
r' r
International Mining Corp
- \
Int'l Nickel of; Canada- com_.No,par
15
'■41
-
■v
;.... 20 %
...No par
Iron.—
Minerals
4%
••
V
:..5
com
Rubber
Int'l Hydro-Electric
Int'l
97%
73'
Business Machine__./r~~ No,par
7%
j
*
May 20
64%, Jun
9% Mar 19
52% Jan
Jun
5 %
33% Jun
2'
Jan
90
Feb
40% May
93
9
42% Mar 17
Feb
Dec
104
Feb
24% Mar 16
9
Corp
Int'l'Harvester
8%, May 15
38% Jun
11,
3% Mar 16
Feb
Dec
11
Int'I
•
*94 -v
.*35'.-- -'r 36i
54%--
-
.1
Va.%-, preferred
Interlake
11
34%
25%, Dec
4
97%
35%-
.
:
35%
35%
'
Interchemlcal.
v
86'
11%
i
.20
Ino
40%
85%
29%,
*13
par
;
39%
"85%
24%
>
No par
Copper
,
1,-i 28%
100
Go
Consol
Intercontinental
14
7
10%
1
Dec
3%
Jun.
11% Feb
new common.No
Insuranshares Ctfs
ft..
32%, Jun
Dec
Inspitatlon
*94
-'>738%
86
35%.
Co
preferred
Inland Steel
3% May 18
16% May 24
125% Feb
163
6%
Mar 27
23% May 15
95% Apr 22
Feb
Power
Ingersoll-Rand
45% May 15 v
21% May 27
8% May 24 >
'
21
Dec
3
158
,
>
ctfs series Al_^_.«.__lO0O
Indianapolis: Power it, Light..No par
Industrla Electrica De, Mex, S A.../
Industrial Rayon
._l
3
11
100%
.
11
11
8%
56i
100
...
1
*85
;t'v35v>, 35%.
39%:-:;
39 :/>"
*
4%
35%,
'•.35%
common..No par
Illinois Terminal RR Co.....
__5
15% Jan 28: /
V 76% Jun
.20
,
pfd sec A. 160
conv
lines
RR, stock
Illinois
9"
Dec
Feb
*
*:
non-cum
Leased
.
May .26
17
Apr
12% May
6% Sep
33
6%,
>
17
11 "
13
70
'
t
17
64%
1,600
:
1,400
5
.
V
'v4
•'11«'
Volume 167
Number 4769
THE
NEW
•r#« **•;:.-
Lowest
Range since Jan. 1.
Lowest
Highest
.
,>
Highest
.
^
■
I per,share
«H Usy
9
•/:.; t
/(-4 per sharp
***
4% Feb 11
-
/Dec
10
9
•'.:;14%
May
49%
11
12
24
Feb
9% Mar 12
56 •»Feb
•>/
Jul*
FeU
6%
>, 47% Jan 27
; 56%. Feb
May
30%
21% May
95
9 Ya May
30%
12%
■•'
1% May
35% Mar;
'
'
f
,
'
3%
Jun
24
25
5% Jan
41% Feb
9Ya Feb
24
12
Feb
16% Feb
20
26% Jun 14
Feb
"46
8% Feb
Apr
40%
Oct
96%
Jan
May
Dec
"31%
.
82
47
Apr
24% Aug
Dec
35%
"
10% May
18% Dec
Jan
Feb
20
Dec
Dec
;.v.;--
2
•
24%
Jun
11
20 %
28
68% Jun
Oil
Co.
—
May 21
Locw's
-4
Inc j
Lone Star
28% May 15
Apr 12
20
156
24% May 19
Louisville
Gas
Feb
38% Mar 16
50
Louisville
Si
Oct
20
101% Aug
;
.
Feb
92
.
,.>19% Mar
; 26% Oct
Jun.
7
May 15
35% May 15
98% Jun
4
11
Mar 17
•
-
17
24% Jan
4%%
8
cum
Lukens
Si
(M)
Steel
*44
*43%
*25%
26
99
»■
99
Electric
sjtries
1,200
2,400
.,
5134
'50 34
26%
26%
26%
45
1,000
45
45
25%
1,200
25%
9934
-
99
*98
51
26
80
<
26
♦98
1,100
11%
12
11%
12
99«4
lls/a
10
35
35
34%
34%
11%
11%
11%
34
'i 7
34
33%
7
34
5,700
2,100
6%
3%
6%
3%
6%
3%
6%
3%
»
49%
*
*32
-
9%
*9%
55%
54%
55"
11%
11%
11%
25%
26%
25%
56
56
9%
10 Ya
10%
34%
♦171
172%
*44
46
172
12%
66
12%
>
51%
51%
11%
11%
1,500
253/2
25%
25%
25%
551/2
3,100
55%
55'4
5534
2,700
14,600
55%
10%
34%
85
"
'
■65%
66
54%
17%
52%
52 3/2
5,600
20 V4
20%
2.500
*66%
26 ;,v.
A„No par
155
*24
47
33%
23'4
15,300
17
173/8
28,200
67%
•6734
*66'4
26%
26%
26%
26%
19%
2,100
19%
26%
19%
203/4
19%
19%
19%
4,OOP
155%
r
;■
156
:
24
155%
24
46
i
46%
34
155 Va
*155
157%
67%'
*156
1,200
157 »/2
200
23%
33%
*98%
98%
23%
22%
23%
24
24
2334
46
24 Ya
500
463/4,
46%
47
46%
46%
32%
2,700
321%
32
3134
32'4
5,800"
'
33%
98%
—-10
22%
17%
19%
23%
A,—;—100
100
23%
17'4
25%
S ''*98 %
■
90,
19%
'
24%
^
46%
com—1
*8434
1,400
23
:
68
"
19% >
.155
91
*25%
26%
19%
•
*841/4
-
Ye
17%
>17%
67%
66
360
66
X22%
17%
14,000
66%
52%
23
67
500
I234
20%
24%
17%
4534
12 S/8
2014
91
67%
172>/4
44 3%
13%
12 3/4
172 %
46
*45
52
*84%
17%
85
66
90
23%
2,300
8534
1721/4
53%"
20%
24%
1,600
85%
»/4
1721/4
66'A
>51%
20%
24%
10%
3534
20 3%
53%
20%
*84 Ya
10
35%
13
>
>
55
85
10'4
35
85
"■:
46
12%
•
10
173
45%
8.100
35
>
853/4
.
173
'
21
v
400
11%
54 YA
85
9 Ya,
25%
10
13
65%
*934
25%
21
.
100
934
51%
34%
173
'<■
13%
65
900
9%
11 Ya
-
46
c
24%
50%
86%
*44
•
5,000
*23%
11%
55
35
85%
3,000
49%
51 %
10%
34%
87
7%
3%
3%
♦32
11%
-
55%
10%
34
86%
o'/B
49%
24%
-*24
X50%
■
55%
VI*
3%
*3234
24%
'9 Ye
9%
'■
49%
24%
25
6%
3%
-
•»
66%
Co
13
11%
No par
Inc
2,200
22%
26%
44%
44%
26
*97%
•51
26%
44%
,
26
99
51%
26%
»
11%
>
••j.
27
—No par
Corp__
& Sons
pfd
26%
54%
Nashville..—,—50
Lowenstein
13
15,300
9»4
3/2
35
9%
Long Pell Lumber A—u-^-JNo par
Lorlllard tP)-Co common—J
10
7% preferred-—
—100
19
141; Jan
6
>21% Feb 11
12%
51%
m
*51
25
1
T
Cement
,.123/4
25%
9
Lockheed Aircraft Corp_>,
13
*32
—No par
—No par
preferred—:
cony
13
9%
"
Liquid Carbonic Corp com—No par
3 Va %
22
127/a
6%
9
22'4
25
:No par
Belt
Lion
9
14
27
Feb
Link
6
9%
22 >4
49%
7
L
—
11
Jun
27
'? 18
Feb
Lily Tulip Cup Corp_t>
Lima-Hamilton Corp
6%
*9%
23
26%
3%
—i———100
preferred
Jan
29%
Dec
-85
57% Feb
Jan
/> 53
13% May
55 % Jun
,23% Jan
13
.19% Feb
Jan
172
17% May >f 29%
83
11
Mar 16
'15%
.7%
5%
9%
22%
*32
S
.U
5%
9%
,
Shares
'
22%
12%
Bale* lor
the Week
4 per share
6%
1
Corp
1
>X5%
"
Friday
June 18
t per share
11%
;No par
Llbby McNeill Si Iibby
May 14
13% Jan
Oct
21%
Apr
Dec
47
Prod
6
t per shah*
34%
Life Savers Corp^_^——-——I
Liggett & Myers Tobacco coaxi
28
8
,13% Jun 10
70 Ya May 24>
Feb
Feb
28%
28% Feb
,79-
Feb
79%
58 Ya May
12 % May
14
10
Y/18
Feb
27
y
Feb
55% Mar 16
Dec
30%
109 %
Dec
Jan
174% Mar 30
8% Feb
Oct
63
19 % May
r:;
91
.37
Aug
12%
12
,38% Jan, >2
Mar 12
Si Fink
'
45
*97%
Lemer Stores Corp*.
i
*—.No par
Lib bey Owens Ford-Glass
^No par
1
,
10% Apr
Mar 16
X48
*
:
13
165% Feb 26
Dec
39 %
56% Jun
191% July
33% May
:
Mar 18
Lshn
%
26
y
9%
26%
^>-1—50
50c. non-^um 2nd pfd__
Lehman Corp (The)_
i.,
21
•
Thursday
June 17
'>*
X22%
52
44
__3
5%
...
.
9%
26%
1st preferred—No par
non-cum
6
'
.*
A-
-Wednesday
June 16
$ per share
23%
13%
52
Tirev———5
Valley RR_i—
;
"•
12%
Valley Coalitjom—
1
Non-cumuiattve preferred——__50
,K3
May 15
May 20
Jan
78
17%
56
'
29% Mar
21%
25
23
100
Coal & Navigation CO——10
Portland Cement-w^ii---25
Lehigb
Lehigh
Lehigh
Lehigh
,25% May 28
.10% May 12
19
5%
9%'
closed
■!(----—1
(James) 4& SqnS Co com
3.85 % ^cumulative preferred
•
•
Feb
'.*'11
May
137%
2
-
exchange
No par
Lees
7% May 15
4% May 26
f
(The)___—*
Line-Wells Co
16
v 59%,
46% May
78%
Jun
pfd^TS Pesos Msx
Co
Lee Rubber .&
.13% May .22
37% Jan ; 9
9
1% Jan
Feb
.
50%
May
10
11
19% Mar 30
Feb
.9%
17
169
,99
.4% Mar 16
Feb
25%
38% May
10% Dec
8
Feb
10
<6
May 18
.,26% May 28
,
stock
June 16
t per share
Bryant common—
No par
4%% yrreferred^-^——50
47
27
30% Mar
4
,
>••:
Feb
La Consolnl
Lambert
f per ehare
Llght C«i_-w_*.^__4
Tnesday
June 14
Lane
35 Vi Mar
14% May
5%
>
Jan
,
8%
Feb
,29% May
95% Jan 31
,
Feb
:.... 44%
Jun
4% May
'
Apr
Ay*
6
Mar 24
May 15
,53% May 17
Mar 19
23
Feb
101
Dec
35
.
h
14 Ya
27 Ya May 12
"38
-
,
Laeleds <Jas
Monday
(2701)
RECORD
June 12
Par
May 15
STOCK
Satorday
k
per sharp,
20% Mar 19
,Wsj|4.;^#n >
20% Dec
4
\ "i
"i
LOW AND HIGH IALC PRICKS
YORK 8TQCK*
EXCHANGE
,.
I per share
«.
^ '" •■**'"*'
*
NEW
.
? *""•*'
YORK
STOCKS
1
„
*
.
COMMERCIAL & FINANCIAL
CHRONICLE
Range for Pr«Tion»
Year 1947
•
r
-Hfki+t
32%
*98%
98%
*98%
"/a
97%
22%
22%
*22%
2334.
23 '
*98'4
98%
22%
223/4
1,900
M
34
134
Mar-
>;
"30%
•:* 41
Nov
X 152
May
99%
Nov
'36
Apr
*
139
-->'41%
Jan
111
Mar
Dec■'
11% May
16% Apr,
10%
98
>>18% Aug
455
6
:>
Dec
Jun
O
500
■i
May
9%
Dec
22%
Dec
3%
Jan
s
6%
7
Feb
15
24 Ya May
175
190
>
39% May;
88
■
97
>49%
82
42
Jun
4
4
176
Jan
:
93
Aug
Nov
so
84
*•;
Jun
6
93
Jun
18
8
y85
Jan
13
38
Jan
110
>
16
Feb
6
v
41% Jan
"
,
12% May 15
43% Jan 21
112
Jan, 9
Mar 12
-
Apr
> 32
Jan
11
Dept Stores
$3
preferred.—._No
> .$6
1st ,cum
McCall
Ratige
;
_
Highest
24
Jan. 1 ^;
x> Highest
a luce
-Lowest
J per share
8 per share
May
33%
Feb
25
Feb
11
82
Dec
107%
Feb
88
Jan
5
35
Mar
45%
Oct
36% Mar 12
42% Jan
32
Feb
23% Mar 17
:
May
46
Dec
56%
,
30 % May
Dec
44
(.>'•'
Feb
45
Jan
23
30% Mar 17
Feb
87
Jan
5
18% Feb
11
Feb
19% Feb
11
24% Jan
23%
Oct
16% Feb
27
105%
-
Jan
Feb
31%
,
16 % May
Feb
.
3 Ya %
$4
9
12
80% Mar 24
36% Feb 27
46 Ya
20% Feb
16
16
May
Jan
14% Feb
Feb
52% Feb
10
19%
Jan
43% May
Dec
65%
Jan
25
11
73
J!9% Jun
1
44% Feb
11
88
10
Jan
17% Feb
•V
35% May
>
97%
•
47%
Jan
36
Feb
13
Feb
'12% May
33
18% Mar
Apr >
29% May
136%
48%
156
J
i
Dec
7
102%
t
15
Jan
123
;
28% Mar >
56%
45
5
42% Feb
3% May
8
.
8
Feb
25%
11
Jan
"■
15%
24
Dec
9% May
78
>
73% Jun
10
Jan
Feb
Feb
Feb
49% Feb
102
Feb
11
11
10
122
65
A vtc.
Mfg—vi.—:
$3.25
5
6
May 21
$4
Impl com.^
1
716
118
Co
preferred
25
27%
Mar
Oct
107% Mar
15%
lootnotes see
Nor
16
-
19
Feb
,
19
Mar 17
100% Mar 31
11% Feb
page 26.
17% Jun
16
17
(John)
Motorola Inc
24
Jun
9
9
24 34
2334
453/2
24%
18 34
18%
18%
1834
60%
601/2
60
60
16 34
17%
9%
: b34
17%
934
60%
60 3/4
94
94 ■..>
94
>
.
'
27%.'
26%
*43
♦99
18%
.65%*-
63%
.
AT'/a
63%
47%
140%
140
65
96
14%
12 34
12%
13%
49
493/a
96
71
•.?
71
105
*94
105
"
71
105%
1534
1534
15%
♦117%
118%
118%
118%
72
»
>
73
73
'15
6%
6%
6%
6
6%
23%
42
13%
1434
27%
27%
26%
28
29
5
59
No par
5934
58%
*118
120
*111%
112%
61%
63%
15%
16%
71%:
*
6%
2434
'•243/4
;-95%
1534
1173/4
<
i
400
72
1,200
60
15%.
»
7,800
118
170
723/2
3,600
-
'
6'4
2334
24>4
23%
42
42
14%
14%
143/8
*117
112%
26%
59
*
58%
119%
♦116
112%
112%
61
61 %
58 74
1534
1634
15 Ya
'
*24%
58%
120
112%
*28
58%
♦116
*28
29%
11,700
600
■■'
8,800
800
58
58 34
9,000
*116
"58 34
11934
283%
119 '/a
.
112%
112%
1123%
61
5734
59»4
58%
59
44,400
15%
15 %
16(4
15%
16
>10,300
24%
,24%
16%
10%
17%
17
17'4,
28 34
'28%
28%
2834
21%
22%
22
22%
22
22
22
22
23
23
223/4
23
22%
23
22%
23
20 Ya
14,300
24
41%
13%
29
29%
6%
*41%
16%
„—.8
2,300
72
29
—>.
4834
6%
10%
Mullins Mfg. Corp common.——1
$7 preferred..—_i_—No
par
48
4,600
-
106
73%
28%
Munsingwear Inc..—*
8,100
71%
15%"
16%
10
123/8
*105>4
1183A
24 3/4
10
60
14%
*94
■
"
500
'•
12%
96
105«4
28%
Jan
10
13,500
47'4
140
•
B——No par
Oo*j— No par
*_1
.
5,300
"
6% >
2234
Co..i
"
■■■'
1834
64%
,
800
14'4
St Co____—__No par
Mueller' Brass
:
5,500
u
100
47%
140
15
96
71%
200
27%
63
47%
12%
105%-
200
1,200
43%
1834
140
14%
48% 7493A
95
*90
1834;
1,200
61%
26%
100
1834
-
,
10
60%
43%
-<
400
4,500
2,800 : i
17%
*934
44
100%
17%
.
;
90
95
27
433/4
42
A
*60
60%
14%
14Ya Jun
108
*43%
24
19
42 34
Motor
May 27
30% Jun
45%
2434
*43%
i__
^
3
Products Corp^—l—No par
Motor Wheel
CorpLi,—B
29% May 27
23
130
,2334
Nov
?
2,000
96%, 96%
133/4
Lines—5
22
21%
96
42%
Ac
19% Mar 17
21'4
96
44 %
23%
Moore-McCormack
11% Jan 23
21%
96 Ya
14%
series
,
1.200,:,
1,100
*403/4
-
16
300
23 34
203/4
42%
com
3,800
96%
2334
24%
par
1,800
35%
20 34
13%
y4_n6
48
343/8
96 »4
24
42%
Montgomery Ward
20%. Jan
15
.,73
48
34%
98%
■
34 »/e
*96
(
22
23%
Morrell
■
>'72
48
40
700 ,-r
600
21
_20
17% May 15
.
73%
47%
30
1,300
-
*2054
i*1.23
27
Oct
118%
47%
40%
*28 3/2
?
Shares
33%
100'4
*393/2
29%
A—i—*^.100
Mar IT
Feb
72
'
'
Inc....-
series
15%
119
''
No par
(com—
" JT6%
29%
32 »/8
>*23%
•137%
(49'/a
.No par
Mar 17
27%
49%
95
30
Sales tor
the Week
1003/4
40%
18%
13
49% >. 49%
.ii..*..—10
RR
48
12%
*70 'A
39%
100%
■
'
>
65
13%
95Ya ' 95%
33>4
33%
*100% 102
39%
27 "
140%
13
>>*■•
■:
♦42 34
15%
V 15
Friday
June 18
t per share
21%
♦91
;
15
*104%
13
27%
*137%
71%
23
-
63%
48
f
3334
102
163/4
43
64%
Thursday
June 17
I per share
*934
>
2734
47
600
PRICES
60%
9%
27%
105%
14%
-
17%
43
139
36%
18 34
-•»'
61%
94
112>/2
36'4
24
•2434
42%
'*70%
Dec
9
*91
.
*104V2
Dec
Jan
;
No par
27%
>
/
1,100
100
*111%
37
70-
11%
42
44%
:7;.
27%
47
par
.17%
i
*934
61 /
,
.'.No par
Machine Tool.
preferred
17%
9%
No par
Power
Monsanto Chemical Co
May 15
112% Apr
,.47% Mar ie
M
Corp.
Monarch
16%
11%
*40
112>4
*363%
83%
96%
.
60
61%
♦82%
'
18%
preferred series
Mohawk Carj>et Mills
May 19
61% May 17
60%
-y'
2,200
2134 >213/4
10134
7%-
29
19
24%
*111%
Wednesday
•20%
-
44
18%
Regul com.———3
pfd series Ai—i—100
Hosiery
18%
60
138%
510
833/2
46%
"
60%
98
19'4
44
•V
r*ioo%
$6.50 preferred—
Mojud
*96%
24%
'""'64%
111%
36%
24
18%
100
120
93
11%
24 7
102%
..—
92
91 '4
42
24%;">
18%
i—Nppar
92
*40
34%
44
26%
^
preferred
Moline
98
X42
45%
92 3/2
*11%
42
"9734 ;
21%
174%
463/4
,11%
3334
22 Va
3,000
92
*82%
9734
21%
J
92
83%
34
21%
68'4
92%
"
98»:
21%
•'/
*171
'
92%
92
47%
47%
*97%
►101%
88
Mo-Kan-Texas
16
Feb
&
47
■
8
Petroleum.——.10
—
Prod torn
conv
Mission
5
14% Jun
-
rrtr
r
24% May 17
44
f
Apr
$4
6% May 17
11
P
;»>' 33%
pfd..100
lst.pfd---.
Minn Min Si
Minn
14
,9
64%
May
Mat
3.20%
17-
Feb
St
*
94
174%
46
29%
30%
22 3%
*91
—3
.
3.90%
Minn-Honeywell
16% May 15
119% May 15:
34% Mar 17
14% May
in
Minn
May 17
105%. Jun
Steel
cum
1
Edison
Minneap & St Louis Ry.—..No
3
24 y« Mar 11
19% May
17% May
102%
May
Feb
128%
May
17
»%
2
Feb
'■63%
May
Midland
May 10
98
105% Mar 17
49
15
13%
Sep
49% May >
110 % May"'
Metropolitan
Jurf "17
32
May
23%
Mesta Machine Co
7'
13% Feb
Feb
51%
4
15
56% Apr 21
2 *
''
11% May ,
32% May /
Jun
■
.
13% Jan
111% Mar 11 ;
-
cura
*172
46%
*39%
24
,
1,600
174%
40
34
*9%
2,400
2,200
*99-
30%
61%
..
-.1
common—
8,000
24%
I per share
>7
24
60%
16%
17
3434
*32%
19
Co
70
1834'
17% ■;
18%
rt
24%
101
24%
...1
-50
17
3434
39%
;
2,700
102
-67%
>33%
48
(
200
27%
27»4
*101 >/8
19%
t68
6,300
683%
253/8
>.*99%
44
preferred——No par
Merrltt-Chapman & Scott—-No par
44% May 28
104% May 25
48
54% Mar 11
,
$3.50
Mid-Continent
■: 10% Mar 16
Oct
;
Inc
# per share
98%
*96%
'18%
June 16
21%
,
27%
102
Xl6%
* 68 Ya
600
734
1634
•
343/a
BALE
t-
r.
22%
*
^
.(.Inc.,
....3%
Transp C0.1__No par > >
Min
& Co
Miami Copper..
27
Jan
Merch Si
Tuesday
,23%
.—1 >v-
common
preferred
Stores
19% May 27
Feb
99
Mercantile
18
Corp_l.
1st
HIGH
*96%
•
16 34
23%
734
16 34
-
734
103/4
25
June 15
30
■333/4
»•
;
series)..——..100
(2nd series).—a,.50 /
>
40
47%
.18
*Nf
Co—.*.****., .—1
(The)
conv
69% May
88% Jan
Dec
5%
11>
9% Mar 17
-Dec'-"
Oct
Merck
! 16
com..
(1st
pfd
Melville Shoe
Jun
140
Jan
2
pfd
2nd
May 27
11
Feb
4%
11
Mar 16
129% Feb
114% Feb
>70% Dec
May,
104
14%
6 X:
Inc
common—__***No par
Mengel Co
> 12% Feb 27
Nov
66 Ya
Apr?
99
38% Feb
35
Mar.j*
15%
i
47% May
84% Dec »
51%
(
Dee
45% Nov.
T,
Jun
M05/« May
6% May
;
Mar 10
94
4Ya%
19% May 15
62% May 15
18% May 15
50% May 8
13 ■"■'> 27% Jun
>; 111% Aug
Dec
Corp
95
12% Jan 28
> 103% Mar
Mead
May 28
Jan
Stores
62
X
Robbins
Mc-Quay JMorrls Mfg Co..—....-10
Feb
24%
Si
preferred——_****
AND
33
30
7%
;
300
68,000
34
36%
101%
40
;
.
25%
♦110%
,
33
...
McLellan
Jan
83
37
I per share
closed
233/8
(2334
11%
111%
101%
10%
'
5,100
-
34%
*40
June 14
exchange
.100
8 5/a
83%
r
stock ■•-■>-
...l
com
preferred
8%
23(4
92
11%
'
:
*91%
Monday
.
>'
f per share
...1 /■*''
Co.*No par- »
Porcupine Mines,
—3
:>
McKesson
.
24% Jun
50
55% May a >
13% May
>
June 12
Electric Co—..
Mclntyre
25%
Dec '
0afarday
>
McGraw-Hill- Pub
May >
40%
kt dc* ?
EXCHANGE
conv
McGraw
20
Jun
92
42
,
7%
;
25%
45%
LOW
McCrory Stores Corp
15
23% May 25,
96% Jun
8
88%
*40
Par
May 15
52% May 1
35% May 15
98%. Jun
2
25%
-
11%
par
2334
17%
.
♦172
92
*36%
i>^»:n«w-;york.
36% May 21
101% Jun 14
105%
87
17% May
21% Dec
par
934
1034
34%
83%
*110%
YVff'f;'
31
24
*
92
92
'83%
No par
8 per share
-68
.»
46%
STOCKS
Year 1947
Lowest
"46%
9%
191/4
.
900
10 34
■•
.
1,900
17,600
600
*23%
.27
*'4
.34%
;
174%
preference*.—No par
Corp
Ranre for Previous
f per share
34
%
1634'
18%
520
.
9%
102
.17
4
24%
27%
1.
- -
'
103/4
101%
,
25%; 25%
*172
15%
600
91/2
27%
17%
69%
69
common—.*—3
15%
101%
19%.
*
—r.100
Maytag Co common—No
12
-
'
par
7
2,000
22
15 34
"
♦
*23%
23%
,16 34
,
102%
17%
I''"
par
22
22%
.
104
♦10
■x734 ■7%
,
19%
Corp.—No par
L
734
17
27%
*102
———1
Electric CoJi—1
preferred
'
23%
73/4
27%
$3.75 preferred—No par
$3.75 cum pfd 1947
;series__Np par
$3.40 cum pfd—
———No par
3
Feb
Jan
108% Mar \ ; 113
35% May
48%
Master
"">; 7%
8,400
14>4<
1534
1034;
7%
*16%
100
143/a
*520
*23% .'',243/4
i
383/4
*102 >/4
93/4
-10 %
38'/3
14
15%
23%
23%
Corp.--—
Mathieson Chemical
May
■77% Apr
', 9% Feb
2434
""
263/8
104
22
600
934
<■
11
*23%
7
Martin-Parry Corp_i._*—>—No
Masonite Corp
—
No
47% Apr 20
84% Mar 27
.
4YaYo. 'preferred—'
Martip (Glenn L) Cq_
7"U
9%
'
St Ry 6%, t prior pfd——100
Marshall Field Si Co com—_No par
26
9%
1514
♦520
.
*10%
5
Market
14
13%
100
138
26
13'/2
22%
>'
-8
38%
39%
*132
,26%
*1021/4
21%
Marathon Corp_._^—6.23
Midland
38%
*39
138
26%
104
22%
600
3 9'4
*132
i.13%
'
MaTine
38%
♦102»4
*13%
13%.
par
♦39%
V
263/4
133/4
*520
1
i
138
26%
2234
Maracaibo Oil Exploration.
27% May 20
37% May 19
11
May
Bros-^.^i.—i.—"--_No
Manhattan Shirt
16
35% Mar 16
Mar
.
"69% Jun
11
27% Feb
Mandel
39%
>,
*132
27%
.
*13 %
Copper-—^^wu^a-io
€o_i———■
♦39
138
38%
38%
*10214104
4 Ya %
pfd series ;A—
,—>__100
Madison -Square Garden——No par
Sugar'
C 39%
x27
Co Inc com---—-No par
Manati
16
Mar 16
19% Mar
170
22% Apr
19% Jan
new.;,commpn_—3
(The—_1
Mahoning Coal RR. Co—
50
7
Feb
14%
->
2
-
Jan
; Feb
100%
-
6
15
•
Inc
Magna vox Co
16% Apr
9 '
29% May 18
103% Jun
9
4
Jan
•
16
Apr 23
*
20
> 47% Feb
Nov
>97%
Dec
7% May
Feb
14% Jan
Jan
> 106
Dec
' Dec-
85
35%
•
Dec
-
20
22% Mat
■> 14
'
26'
*39
*132
Magma
>10% Jun 18
>25% May 17'
8 > May 20
18% Mar 18
>6% Feb
i
.10% May 21
.» 12% May 15
10
i'
May f-> 34
Jan
•14% May;- a :» 24% (Oct
39% May
63% Jan
18% July;
26% Nov
525 >
17
.5% Feb
.
-
> 111% July
Dec
15% Jun
Apr 23
com—_10
Macy-< R"H»
12
Forbes
preferred————:—^.—100
6%
Mack, Trucks
24% May 2o
11
20% Feb
9
May- >V 16% Dec
22% May '34% Feb
91 YA
15% Apr
.
-
MacAndrews &
39% May 27
103 Ya Jun
4
7
Mar 4
8% Mar 16
'
FCb
8%
13
9% Feb
;?
Dec
>■"27%
May/
2
Feb
5
Feb
32%
Jan
<
27% Jun, 10
12
525 :
Feb
; >■
••
Apr
>
Dec
14%
40
142
xl6% Feb 25
Jan
'
>>> 19% May
Feb
12%
27
May 19
<11% Feb
>; 21% Mar
-15%
Jan
'
24% May 7
30Ya Mar 16
293/4
26
30%
293/a
26
30%
•106
107 %
*106
107%
♦106
107 '4
♦14
14%
*14
14%
•14
14%
29%
♦106
14%
*24%
173/4
-
28
112%
600
26
:
17%28
300
9,300
1,300
1
21%
.
29%
:
21%
1J00
22%
22 3/8
1,900
29%
107%
*106
14 Ya
14
30
V
9,000
107 >4
14
200
;
j.
•
22
YORK
NEW
35
Apr
107%
Dec
9%
Dec
I
pershare
Jan
112
16%
107% Jan
16
33% Feb
Dec
Feb
13
45
2
112
.
Jun
2
Jan
17
11
$ per thare
Par
2
37%
Jan
44%
Feb
38
May 12
42% Jan
16
50%
Jun
56
Jan
50% Jan 23
55% Jan
5
10
21% Jun
14
24
27% May 27
$ per thare
*109%
41
109%
110
110
15%
15%
15%
30
100
♦40%
42
•50%
52%
41
•41
43
52%
•50%
*38%
•50%
51%
*50%
51%
20%
40%
8,100
15%
15%
41
♦38
53
•50%
CLOSED
700
*40
109%
112
15
15%
Shares
thare
41%
41%
41
•109%
112
15%
15%
40%
EXCHANGE
♦109%
112
15%
STOCK
t per
f per thare
t per thare
40%
41%
the Week
June 18
June 17
June 16
Sales tat
Friday
Thursday
Wednesday
thare
f per
•41
41%
41%
Murphy Co (G C) common
1
4%%
preferred-—:—100
Murray Corp of America com
10
4%
preferred
50
Myers (F E) A Bros
No par
May 15
June 11
PRICES
SALE
HIGH
Taesday
June 15
June 12
I per thare
I per thare
Feb
40%
LOW AND
Monday
SMsrAay
EXCHANGE
Lowest
Highest
STOCK
new YORK
Bange since Jan. 1
Highest
Year 1947
$ per thart
RECORD
STOCK
STOCKS
liai« lor rrevlone
Lowest
Monday, June 21, 1948
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(2702)
20%
N
14
Ul7
19%
Feb
19
May
29%
Feb
May
30
Jan
16%
Jan
21
8%
Dec
14% Mar.
20
Feb
Feb
24
14
29
Feb
8% Feb
Feb
11 % Feb
17
24
Jan
34
Dec
29
27
Jan
34 %
Feb
26% Feb 20
189
Dee
12% Jun
11
16%
9% May
21%
Jun
187
Jun
26%
Feb
13%
164% Feb
42
Jun
5
175
9
25
Jun
8%
8%
12%
11%
12
11%
12
11%
15%
14%
15%
14%
14%
14%
15
4
38%
39
39%
40%
10
28%
29%
7%
Nat
National Can
6% Feb
33% Feb
10
48
National
Cash
Feb
28
9% May 20
13% Jan
2
Nat City
National
Container
Oct
11% Feb
13
13% May
Dee
Feb
10% Mar 15
28%
38
Jan
24% Mar 17
32
Jun
14% May
20%
Jan
14% Mar 17
21
17%
17% May
23%
30% May
14% May
48%
Dec
25%
Jan
96
Dee
25% May
Oct
Feb
18
37% Feb
15%
Feb
13% Jan
3
2
11
11
20'/, Jun
Feb
36%
87
Feb
25
29% Jan
23
38
Jun
$4.50
165
Deo
190%
Sep
163% Feb
11
177
Jun
7
136
Dee
167
Jan
134% Feb
19
147% Apr
7% Feb
2
6%
Jan
15%
Deo
ft Deo
8%
6% Mar 13
Apr
28
Jan
1%
15% Feb
Jan
11
24% Jun
1
ft Mar 30
1%
Co
Lead
preferred
preferred
6%
7
Natl
Power
99% May 15
25% Jan
5
10
24% May 21
Sep
85% Feb
16
94
Feb
11
30% May 27
15% May 26
12% Jan 26
Natl Vulcanized
19% Jan
Nehi
Mar
20% May
12% Dee
11
Dee
.
12% May
13% May
102
Feb
22% Not
•2
<
29%
Jan
x22
17%
Feb
12
13%
Jun
24%
Feb
18%
107
Feb
July
Mar 10
10% Jun
14
15% Mar 29
10
26
104
38
Feb
106
Mar
87
Feb
13
Nov
11
Mar 25
32% May
22% Dee
*27% Dee
17% Jun
32% May
12
May
18% May
May
11% May
Apr
>2
Deo
130-
Not
~16% "not
108% Jan
*27% Mar 12
96
3
38
Feb
20% Mar 10
Feb
83% Mar 23
26
Oct
46%
Feb
20 % Feb
36
II
Meb
Feb
12% Feb
39
Feb
10
137
Dec
20%
Feb
26
Aug
62%
Jan
290
Feb
Feb
121
20
Jan
Jun
Jun
20 Yt
20
20%
27,700
*40%
42%
41
41 '
'r
York
6%
N Y
York
$5
Dock
20%
20%
20%
19%
95%
96
96
95%
95%
*95%
145
145
Jun
17
N Y
N
87% Jan 22
23%
%
250
147%
160
6%
6%
65/e
2,000
23%
-v
23%
23%
23%
1,800
3/4
ft
98
97%
23%
ft
.
,
2,400
98%
97%
•23%
24
23%
23%
24
23%
X23
23%
22%
23
22%
22%
22%
23%
10,900
•89
90%
•87%
88
*87%
88
88
88
88%
88%
90
28
28%
28
28
28%
28%
15 ■*.
15%
15 >
15
15
10%
10%
10%
10%
10%
97%
/
"
98
*23%
15
15
■*
14 %
1,300
10%
10%
18
is
'
•
-
34
16%
♦101
98
"
98
98 ■
11%
10%
*
>
3,500
v:
i
34 Yt
34
>
v
*97%
99
59%
24
>,.23%
24%
88
1
60'A
23%
90%
.,*88
•
23%
y
•88
29%
43
29%
29%
:>"•*
43
/ 29%
-
'
;
23%
90%
60%
43
43%
16%
16%
16%
67/
65
>•'
16%
65%
■
100
130%
17%
17%
♦23
Nope*
17%
13%
35
34,000
*22
"65%
>129%
18%
;> is
25 %
2,300
is
25%
*22
26
600
130
-
'
*56%
64
•192%
*22
*56%
220
-
'->56%
62%
220
*195
13%
13%
13%
34
34%
34
34%
34 V*
95
95
96
96
17%
17%
17%
17%
17%
,
9,100
34%
2,200
.
310
' 96
96
,
10
220
13%
13%
V
1,300
y,
61
*195
,
13
96%
17%
16%
65%
66%
34%
♦95
17%
2.400
18%
130
160
,
4.200
129%
66
18%
Y
13%
34%
96%
17%
65
13%
35%
•95
18
200
200
14%
129
Y
3,700
y
42%
16%
17 V*
16%
23%
29
:42%"
...
1,000
17%
17%
87%
87%
100
25%
25%
900
Gas Corp—
100
•86%
2.60
25%
*87%
♦87
89
♦25
88
"
1,700
90%
129%
-
.
;
>
26
*56%
'*
63
225
•200
42%
65
64%
18%
*23
26
•56%
80
131
•130
130%
No pa*
Nope*
42%-;
Y
16%
-16%
66
28 %
43
>V 43
27%
V
90%
> 28%
,
:
7,100
f
.
,
60
"
•
-23
90%
-
29%
28
>
23%
23
"60
■
99
•
300
80
Si-. 11%.
11
*96
...
'
60% *60%
*88
90%;
99
\
».
V>
97%; 97%
11%
*96
>
60
■*-
60
59%
-
98%
*95%
98
*95%
98
r
700
102%
•33-%.34-y
v
99 :
-11
11%
11%-
'
'95%
34
700
17%
17%
,
*101
102 %
25%
*87%
90
>-
89
»
23% Not
33%
25%
Oct
20% Mar
Noblltt-Sparks Industries
Nopco Chemical Co
3
Deo
63%
Jan
30
Mar
06% Deo
64%
Nov
55
Feb
Jun
11
26
Deo
30%
Sep
25% Mar 18
28% Jan
13
16%
Deo
33%
Jan
14% Mar
3
17% Jun
17
North
American
6% May
83% Dee
10%
Feb
2
13% May 10
North
American
8
8
36% Jan
62
18
Jan
5
115%
Jan
82% Mar 10
93
Jun
30%
Nov
25% Feb
36% Jun
13% May
22'/,
Feb
16% Feb
11
81% Jan
2
79%
Dee
102%
Feb
11
Aug
22%
Apr
11'/, Jan
13
19% Aug
25%
Oct
x21%Jan
14
33
Jun
45%
Jan
33% Jan
2
Deo
13%
Feb
Deo
18%
Feb
90
6%
12
Mar
5
8
10'/, Mar 18
Cum
27% May 17
Norwich
I per thare
27
Deo
Bange since Jan. 1
6 per thare
38
Lowest
27% Feb
Feb
92% Jan
2
103
Dec
20% Feb
11
43
Dee
22
17% May
93
Dee
Dec
16% Apr 14
22% Feb 11
107
Feb
92
Feb
8
May
13%
118
Feb
89
Mar 16
100
Jan
5
15% Sep
28%
Feb
20
Jan
2
23
Jun
17
24
33%
Feb
27
Jan
26
36
Jun
17
Otis
163%
Jan
147
Mar 17
154
Jan
29
86
Mar
Feb
10
9
34% Jun
18% Jan
34% Jun
4.40*
Ohio
15
Oliver
2
25
Feb
18
Mar
8
23
Jan
8*
5
Jan
83
Jan
17
89
Feb
27
22
Not
80
July
73% Jan
2
10
May
16
11% Feb 27
9% May
19
15% May IT
Feb
11
Feb
11
15
80
May 27
Oct
62% Feb
11
73
Apr
13
43% May 28
21% Jun 15
56% Mar 19
•0
Jan
24
Jan
46%
Oct
34% Feb
Dee
43~%
Jan
30% Mar 17
20% Not
62%
Jan
47 % Mar 16
26% May
39%
Feb
30
*29% Dee
129%
Jan
89% Feb 27
15% Mar 20
36'/, Jan
54
13
Jan
40
'
8
15
May 17
104 % Jun
A Jun 18
FeD
134
Jan
2
Feb
4% Feb
10
Oct
41% Feb
11
3%
21%
4%
8%
May
Dee
7%
Dm
"14%
Feb
13
May
18
July
Jan
7
59%
Feb
40% Jan
'65
90
109 / Mar
^
Dm
•% Jan
4% Feb
9%
13
8% Feb
27
13% Mar 10
Nov
46
Feb
92% Jan
Feb
6% Feb
37
Sep
3 > dm
33% dm
22% May
7
Dm
8% May
32% Sep
32% May
25,500
8f
12
11s
% Jun
147
•91%
35%
7
14
Mar 18
16
pfd
I perthare
.b>*33
closed
41
102%
34%
34%
33%
34%
108%
107%
107%
107%
107%
8
10%
10%
10%
10%
10%
10%
96%
97
23%
*22%
34%
35%
96%
*95%
•22%
35%
151"
151
18%
.2.80
88
10 Ye
3,400
95%
95V2
120
23
.
36
*151%
*18%
19
>18%
19
*86
88
*86
88
15%
15%
15% v15 %
15%
♦14%
58%
59%
58%
60
58%
non-cum—Nopar
2nd preferred non-cum
No par
Pacific Finance Corp of Oallf
10
Pacific Gas A Electric—.
38
Pacific Lighting Corp
-No pa*
*41
42
*40%
42
*40
42
40%
21%
21%
35%
t-
Prod
A
Inc
Refin tag
com
preferred
Pictures
l
Ine
A
100
1
10%
Transportation
Jan
7
Patlno Mines A Enterprise*
Penlck A Ford
49% Jun
1
Penney (j c) Co.
*20%
>
•
j
*.
64%
•98
10%
27
..,*105
22%
48
\ 2%
Co
Parker Rust Proof Co
Parmelee
No par
Consolidated
Davis
102%" 103%
%>
5
convertible
Utah
39
5%
Petrol St
24% Feb
Parke
53%
39
58/
Motor
Feb
Park
53%
39%
-
5%
;•
Y
64%
10%
f
'■
•
5%
5
>10%
,
20
65%
99
v
10%
5
.
5%
—„
6%
V.
5%
5
%
10%
64%;
.62% *63%
99
*98
63%
*98
10
10%
26
«,
99
"
"
26%
27
26
26%
26
106
♦105
106%
♦105
106%
105
105
23%
49%
21
22%
21
22
48
23%
48
3
22%
*47%
2%
3
*46%
2%
48
2%
30%
30
30%
30
29%
29%
30%
*29%
30%
9%
9%
9%
9%
9
12%
13%
13
14%
30
*29%
9
*46%
2%
30
♦29%
8%
>62%
V
99
10%
10%
10%
26%
*20
1
25%
10
5'/a
5,400
63,200
10%
,
63
;
99
10%
25%.
,
' 700,
80
35,6001
1,100
106%
20
21%
22%
95,500
*46%
48%
100
*105
2%
2,500
30%
8.400
30
29
29
9
16%
,
4,500
30
15
>
17,200 i
20%
30%
2%
-
8,800
5%
5
>10 Vs
20%
700
58%
i.
58%
,20%
3,000
42,000 '■!
%
143%
1
> 5%
10%
29%
No par
■
y
• >o
♦142
59%
20%.
3,009
?
38%
101 %
A >
20
.
53%
37%
10%
5
98%
10
•
10%
.
5,800
100%
„
143%/
58%
59 %,
1,500
35%
A
5'/e V
6
5%
%
10
'21%
53%
•
.102
*142
142
x57%
59
64
•
A
142
y
5%
"57%
20
20%
98%
144
.
■
%
-
...
r 10
21%
38%
38%
>
35%
53%
53%
*101
102%
101%
.-v
: > %
5%
:'.r
11
103
%
*142
5%
59
v
102%
'»'<■
'■
144
'
Airways Corp
9%
Trans?—8
Panhandle East Pipe L eosa—Nopa*
4* preferred
~10i
4*
35%
53%
39
y
American
Paraffine Cos
35%
53%
39% '
>
41%
*39
r
'
380
12%
72
*69
'
/
preferred.
Panhandle
35%
53%
39
Rights
Pan-American
35-%
53%
No pa*
Pacific Telep A Teleg eemmeo—lOO
Packard
35%
35%
.
>
500
15%
12%
35%
21
21%
21%
14
4,500
59
*15
40%
21%
Pacific Mills
30
400
19
88
62
21%
8,500
153
*86
14
21%
60
400
35%
35%
153
71
10
4,900
>
23
23
23
35%
153
*18%
61
15%
34%
107'/a
18%
*86
63%
33%
88
18%
19
•
*151%
90
18
107%
*151%
35%
35
35%
96
400
.>/■ 9%
,
10%
*95
22'/,
22%
22%
151
151
96
*95
y
29,400
42%
*17%
18
108
10
Shares
103
41%
34%
34
*107%
the Week
34%
: 103
42%
*17%
.
33%
•107 %
34
; .*33%
102%
41%
•
18
♦17%
-18%
•17%
18 %
43
41%
35
*33%
102%
102
102
43
41%
34%
34
33%
102
102
41%
*17%
20
33%
33%
*101%
Sales fer
V
I per thare
I per thare
I per thare
f perthare
13
Feb
Spar there
71
14%
page 26.
'
,72%
6*
400
June 18
*13%
preferred
90
900
5%
13
Friday
Thorsday
June 17
June 16
*70
34%
see
PRICES
Wednesday
Taesday
June 15
June 14
14
Mar 18
For footnotes
13
13
13%
13%
14
72%
Mar 16
37
37%
5%
13
14
2
18
37%
5%
*71
28
38% Feb 27
38%
5%
14%
Jan
30 Ye Jun
*37%
5%
72%
Jan
Feb
38%
5%
88
*71
4%
48%
38%
100
Park A Tilford Inc
11
3.200
•
*87
•14%
51
10
May 17
16% Jun 18
*13%
No par
common
10
30% Jun
14%
Monday
•15
1st
34% Feb
11
6,600
25
6%
■
Pacific Coast Co
Jan
24
15
24%
38%
*5%-j
6
A—100
Pacific Amer Fisheries
63%
Feb
14%
25 %
38%
63
Paramount
6% Mar 16
20
/> 15%
38
•5%
—12 JO
26% May 27
9
88
15
24%
38
Owens-Illinois: Glass Co,
11
15% May
38% Nov
*87%
15%
24%
14%
*86
18% Feb
2
87
24%
_No par
32% Jan
33% Jan
87
LOW AND HIGH SALE
Outboard Marine St Mfg.
28
43
24%
15%
100
105
May 21
3% May 17
25%
87%
25
gatmrday
preferred
2
8
32,600
24%
lo
21
May 27
25%
15%
June 18
preferred
Feb
Jun
25%
25%
24%
No pa*
Pan
10% Jun
8,500
26%
25%
15%
stock
common
Jan
July
33%
'
preferred
(The) common
97
109
32%
25%
14%
11% May 21
% Apr 24
65 % Jun 15
May 17
34
15
Pacific Tin Consolidated
Pacific Western Oil
100
91%
33%
*86%
87
>'
6 % Apr
6
62% May 21
5% May 17
21
91%
34%
24%
-No If"**
par
convertible
50
93
SO
common
Elevator
17
33%
35%
34
25%
>
87
stock
Corp
36%
*91 %
93
*91%
93
25
exchange"
22
98% dm
19% dm
12%
92
Outlet Co
„
13
"
lbd
32,900
12%
-
28%
:
92
28
convertible
Omnibus
6*
28%
"Dee
17%
12%
No par
Co—
Corp
>4%*
May 27
12% Apr 20
93
131
17%
12%
100
Oklahoma Gas A Eleo 4*
17
108
Aug
Feb
16%
12%
preferred
Oil
—
19% May
Sep
16%
12%
Ohio Edison Co
16
Jun*18
Jun
24
;
10%
12%
33
33
(Minn)—
Oppenheim Collins
May
149% Oct
7% May
July
16%
12%
Per
Jan
27%
16%
13
$ per thare
35%
18
16%
12%
EXCHANGE
:
111%
21
16%
~
NEW YORK
Apr
91% Deo
*27-'
10
Rubbet
Pharmacol
Highest
I per thare
60
28%
preferred
Telegrapk
STOCKS
Highest
60%
*27%
No pa*
Ins common—10
-
Year 1947
60%
28
—50
A
Range for Previoue
Loweot
61
*27%
cumulative
Tire
6,200
60%
28%
1
Norwalk
Apr 24
7% May 21
14% Jun^ 9
900
60%
33%
61%
>" »■
■
Northwestern
40 %
33 %
33
x33 %
61%
*27%
33%
33
pfd *3.60 series
4.6*
33%
61%
28%
Co
Northwest Airlines
17% Mar 20
,
*32%
25%
61%
Aviation.
Northern Pacific Ry
Northern States Pwr Co
Mar 19
>*
25%
•27%
4
Northern Central Ry Co.
Northern Natural Gas Co
26% May 24
25%
10
Adjustment preferred
14
11
25%
28
Norfolk A Western Ry com
11
Deo
25
25%
•
»f-
16%
16%
-
-
17%
'*17%
*101
34%
> *97%
11%
16%
16%
•-
17%
102%
34% Y>-
*34%'
34%
11% ,11%
*17%
•101
102%
•
17
*16%
.
>
17%
*17%
•
102%
97%
■
•
•
*16%
17%
17%
•101
100
A
,
1,400 ;,
14%
'
15
■
10%
10%
-
28%
28%
28%
28
400
v
.
No par
No par
$3.75 cumulative preferred
.
5,500 •'
97%
%
ft
*144
23%
Light 3.90* pfd—100
Shlpbldg Corp partis stock
1
Y State Elec
X23 %
%
|
24
1
series A
8%
23%
140
5,400
37%
176'/a
6%
6%
••' %
98%
23%
N Y Power A
10
145
19,300
98
100
common
6%
%
%'
145
144
6%
23%
24%>
23%
:•
144
6%
200
36%
177
16,000
C*
176%
37%
37
*175
177
145
145
6%
6%
*175
176%
•174%
37%
37%
38
37%
38
174%
Haven A Hart RR Co-100
19% Apr
25% Jun
20%
95%
17%
preferred
non-cum
Preferred
4
20%
96
comm
preferred series A
City Omnibus Corp
N Y New
2
20%
96
38
1
N Y A Harlem RR Co
Mar 18
96
20%
No pa*
Brake
Air
8
6
43
174%
100
100
Fibre Co
43
*41%
42
20%
10
ex-dist
1
42
•41%
-
Jun
10
Jan
20
serial preferred—100
9
14% Feb 27
81
20%
No par
14% Jun
86% Jan
100% Aug
20
Y Chic A St Louis Co earn—100
9'
20% Feb
Sep
2,700
20%
—
N
2
60
255
3
Sep
20% Dm
-
19%
20
Nawberry Co (J j) common—No par
3%% preferred
100
90
New Jersey Pr A Lt Ca 4% pfd—100
Newmont Mining Corp
10
New
27
19
Mar
107
19%
20%
common
New York Central—;
4
19
19
36
84% Dee
10% May
16
May
23% Apr
6% Mar 29
25~%
19"%
20 %
New
142
9
Mar
49% Jan
200
19%
Newport News Ship St Dry Dock
18
May 15
69% May 4
11
11% Mar
31%
19%
Newport Industries common,
4%# preferred—;
9
31'/a
31%
19%
43% Jun
11
Dec
1'
31%
12%
31%
20
31% May 19
5
50
5
26% May 21
90% Jun 18
11»
22%
May
31%
13%
31%
19%
New England Elec Bystsa
8
3,100
NO pa*
Co
conv
13%
12%
Cerp.
4%%
12%
31%
Corp
Neiener Bros Inc
24
61% Jun
Dec
32%
Feb
0
May 17
Jan
12% Jan
44%
102
Natomas
35
May 15
98% Jan 12
10
90% Mar
2
Jan
19
Feb
Dee
95% Dee
19
,
13% Feb
100
Dee
••
11%
20
100
7,400
13%
19%
—10
22
3,400
12%
4%%
National Tea Co
Jan
18% Feb
7%
12%
31%
98
22
Dec
7%
12%
46%
48
12%
•23
81% Mar 10
Jan
23%
5,000
7'/a
12%
13%
12%
19%
*8
Steel
Nov
28%
46%
7%
12%
8
12%
31%
Ref Co
No par
(The) Fa eom—18
preferred
100
National
95
3,500
9
1
National Sugar
National Supply
74% May
21% May
12% May
100
600
24%
8%
B
A
B
Lt
A
*23%
No par
Corp
1
Nat Mai A Stl Cast Co——No par
2
8,600
178
13
Service
National Linen
10
Jan
12%
1,700
29%
8%
46%
12%
Stamping—No par
1
preferred
No par
conv
National
10
47%
12'/,
8
8%
12%
Nat Enameling A
96% May 19
Dec
107
47%
8%
1
Co
8%
4,700
2,800
40
*175
24
8%
8%
National Gypsum Co com
9
8%
47%
8%
8%
11%
15
29 %
29%
24 "
24
*23%
11%
38%
Y
178
*175
178
260
14%
11%
29
29%
29%
8%
47
47%
39%
39
*174
24
23%
8%
8%
8%
175
175
8%
8%
27
29%
1
National Dept Storea
National Distillers Prod
22% May 21
43% Mar 30
28
Register
National Cylinder Gas Co
National Dairy Products
May 21
28
47
Lines Inc
*25%
39%
29
24
23%
10
No par
Corp
Feb
•38
177%
♦172
No par
Corp
Share
A
8%
100
preferred
Bond
Dec
15%
4,700
12
Corp
Jan
Dee
8%
15%
Aviation
14'/,
13
8%
8
10
May 17
9% May 21
Jun 17
11
1,000
8%
8%
43 %
0
27%
27%
Deo
7%
26
27%
25%
27%
May
8% May
33
26
21
25%
27%
National Battery Co
National Biscuit Co common
1
30% Jan
10
Mar
20
14
17% Mar 22
Mar 18
21%
26
27%
20%
26%
27%
National
5
10% May 20
7% Feb 27
14
10% May
Jan
20%
26
27
21%
26
•
Corp
Nashville Chatt A St Louis
56,700
20%
26%
27%
20
20%
100
National Acme Co—
1
National Airlines
1
National Automotive Fibres Ine—1
Nash-Kelvinator
2%
*8%
9
200
1,600
16
16%
34.900
12%
13%
No pa*
31%
31%
31%
31%
30%
31%
30%
30 %
30%
30%
2,500
No par
47%
48%
48
48%
47%
47%
47%
47%
47%
47%
5,000
*
»«ivN!nvrt ■* '
'Volume 167
i//»w5W>\" ■■mtfTUMf
9 per than
THE
9 per thare
15% Jan
16%
Oct
11% Feb
11
24%
Feb
15% Feb
11
36
Apr
29
Feb
18
117
Jan
22
Jan
*107
DM
18
Dee <;
15*
Dee
38
Dee
51%
Apr
8
18% Feb 11
16% Feb 27
;
Jan.
41
Feb
Jane 18
19
81 Vt
Jun
101%
Feb
86% Feb
5% preferred
:
Power ft Light Co_
Pennsylvania RR
—;
~~8%
13%
37-
48%
97% Dee
11%
Pepsi-Cola Co
6
Pet Milk Co common
Apr 26
Dec
9% Feb
U
Oct
14% Feb
2
Jan
47
Feb
11
Dec
40% Feb
18
23% Dee
111% Dec
29%
104
5
22% Jan 26
Pfeiffer
Pflzer
55-
May 19
Dee
25% Jan
~10%
']
16%
21
115% Jun
Jan 28
14
111
91
Jan
Brewing Co
Electric
14
Jan
19
20% May 22
Phila ft
28
Jan
22
39% May 21
Phllco
98% Mar
83% Apr
8
25% Mar 16
30% May 20
87
97 y» Jun
3
83% Mar 17
87% Jan
2
36
46% Apr 23
25
Dec
■
88
85
Deo
21
Apr
81
43% Jan
;
Dec
Jan
109
Feb
101
Mar
43
50% Mar
12
Jun
30%
18
Apr
10
*
88
Dec
18%
Dec
,
7
5
,
12% Feb 11
Aug
169
Aug
Not
203
Marl6
*
145
Jan
26
155
157
Feb
16T
167 L
Feb
34
Feb
20
May 19
1
39% Jun
10%
Not
8
13
10
Jan
2
11
20
Jun
9'
27
157 4
15
114
; Apr
69% May
;
140
Dec
10 % Feb
Oct
140
Jan
14
Oct
73% Feb 28
84%
Sep
71% Mar
Dec
15
171
200
May
17% May
Jan
145
Feb
9
Jan
157'
9
38%
Oct
28% Jan 22
14%
Jan
9% May 10
38
Dec
33
Jan
0
35%
Oct
29% Feb
14
19%
Oct
12% Feb
13 ;
15%
Sep
Nov
12% Jan 28
46
21
Apr
19% May
11% May
12% Dec
;
9
'
•
:
16
May
33%
57
■-?
Deo
*19%
Jan
Feb
102%
Feb
81
38%
Jan
32% Jan
25%
Feb
20
Deo
Aug
111
Pressed Steel Car Co Inc
4%%
35% May 21
71% Jan
Mar 11*
94
64.75
Apr 26
*90
Feb
11
98
Apr 20
102
Feb
6
HI
Apr 21
6%
130
111% Feb
10
124% Apr 20
7%
127
Jan
146% July
110%
Jun
114%
Feb
11
141% Apr
20
22% Apr
2
24% Jun
18
109% Mar
5
111% Jan
2
*127
Feb
28
1
40% Mar 17
61%
Feb
29%
Dec
*25% Feb
5
106% Get
109%
Jan
101% Feb
13
94% Dm
36%
Feb
*25
11
99
94%
Dm
*21% Feb 98
Feb
42 ;
•
Pullman
May 18
Pure
Tear 1947
Lowest
/
9 per thara
9 perthare
7% Kay
10%
Dee
80%
Deo
15%
Jan
•4%
Dee
15
Jun
'
18
35!/» Jun
14
99%
38%
Feb
31
35
May 17
23% May 14
36% Feb
24
45
Apr
27
July
18% Feb
31
18
39
Jun
2
108% Mar
101
39
Feb
10%. Feb 24
15% May 27
86
Oct
21
105
11
Kay
16%
Feb
11% Feb 11
18
Doe
14%
Nov
10% Apr 23
30% May
10% Deo
29%
Feb
22% Mar 31
.17%
Feb
10% Feb
Jan
Feb
25
May 21
Deo
84%
Feb
12%
Deo
17
Aug
96
Nov
102
Jan
95% Jun
24% Jan
33%
Oct
4% Kay
3% Deo
9%
Jan
8%
15%
Feb
22% May
101% Dee
30%
Feb
14
May
91
Dec
6%
90
May
May
'
9
.
113% May
24% Feb
110
Dec
-19% Jun
,
*22% Mar 10
6% Feb
Feb
Dec
9%
36% May
45
May
85
Dee
19
Apr
13%
Jan
23% May
8% Sep
Apr
17
10
34%
29% Jan
7
13% May
8
4
5% May 20
11
11% May 21
22% Feb
11
31% Jun
14
Jan
5
109% Jun
16
103
15% Feb
10
21% May 15
82% Feb
17
96
Apr
19
Feb
5% Feb
20
Jan
19% Feb
27
29% Apr
22
124
Jan
Mar 19
104% Jan
5
92
16%
Feb
7% Feb
11
44%
Feb
35% Apr
23
50%
Dec
46
14%
14%
92
'
34%
92
34%
34%
23%
22%
23%
6,400
.
7,600
23%
160
•152
160
•152
160
•152
160
*152
160
165%
165%
•165%
167%
•165%
168
*165%
168
*166
169
38%
38%
38%
37%
38
37%
38
9%
9%
9%
'9%
9%
f
'
19
f
.
30
.34%
22%
*38%
*152
v
2,600
92
.34
34%
20
14%
*90
22%
510
115
14%
14%
*90
102%
•108%
115
1,200
34%
102%
34%
102%
•108%
"
19
19%
19%
18%
•156
9%
19
9%
*156
5,500
3,700
I
l 5,600
-19
♦18%
•156
"l6
7
37%
9%
9%
18%
18%
■;
•155
•155
9%
37%
—«♦
..
1
93
*79%
81
•79%
*22%
.
23%
*155
•
92%
91%
92%
V,
'
22%
41
10%
■;
63%
10
64%
■U
40
40
15%
15%
13%
13%
■1.
91%
80
22%
•156
163
24
;
•156
480
,41%
41
41%
41%
10
10
10%
10%
60
23%
.
8
.
.
6,900
43
41%
9%
63%
10%
10%
2,200
64%
62%
64
63%
65%
65
70
41
40%
41
X40%
41%
800
15%
15%
15%
15%
40% ;
15%
41%
15%
15%
15%
3,300
13%
13%
13%
13%
13%
13%
13%
13%
8,600
6,300
•40
.
-
,
9%
10
9%
9%
9%
22,300
9%
9%
9%
9%
32%
32
32
*31%
32%
68%
67%
68%
*31%
68%
32%
68 •*
68%
67%
68
7,500
24%
24%
23%
24%
23%
24%
23%
24
4,100
'
32%
•32
68%
*32
a
24%
i
•
68%
25%
100
93
93
93%
93
93
93
93
93%
100
38%
38%
38%
38%
38%
38%
38%
38%
38%
38%
22%
,i
A..-
22%
22%
23%
23%
23%
23%
24%
24 %
24%
1,500
18,400
91%
•92Va
90%
92%
103%
104%
115%
116%
92% >
104%
•
104%
116%
117%
132
"
133
28%
131%
*92%
"•
91%
92%
92%
104%
104%
105%
105%
108%
2,540
116%
132%
91%
103%
■
117%
117
117%
118%
121%
1,740
1,340
132
91%
132%
132%
133%
95
134%
1,330
137
22%
23%
23%
23%
23%
24%
24%
109%
109%
109%
109%
109%
109%
10911
109 32
250
28%
28%,
28%
28%
28%
28%
28%
28%
29%
16,800
47 i.'
40%
46%
46%
46
46%
44%
45%
43%
44%
14,300
33,700
23%
111
24
6.400
40%
39%
40%
106%
106%
106%
106%
30%
30%
30%
31
31
1,900
23ft
24
24%
24%
24%
24%
24%
24%
24%
1,000
•39%
24
;
,
l
LOW AND
Monday V
WwVarday
>
June 12
f par ehare
Radio Corp of America com—No par
63.50 oonv 1st preferred
No per
41
40
900
HIGH SALE PRICES
Tuesday
Wednesday
,
June 15
June 14
pfd
62
Thursday
June 16
Sales tea
Friday
June 17
June 18
the Week
■: 34
A
I
•?•'
50
Bo
I
14%
14%
14%
15
143/4
15
72
73
72%
723/4
713/4
72%
1,700
8%
8%
8%
83A
19,900
98%
98%
98%
9%
98%
8%
«98
9%
.
*98
98%
AA:;''
v':;:
"iv.'.'i'*
^
'•
' '
34%
34%
34%
34%
34
34%
1,000
35%
34%
35
34%
35
34
343/8
6,600
*34
343/8
r*
34%
34%
34%
35
35
34%
34%
21%
20%
21
21
21%
21%
223/4
22%
41
41
41%
41%
*40%
•39
41
*37
•
38%
Av" 14 ^
14%
.60s
:
*37
38%
"■
14
14'4
,
14%
•102
109
A *102
...100
100
34% A
•34 y8
,
35%
21
i'V:
190,400
34%
34
34%
14%
72
34%
60
Reeves Bros Inc
div
98%
■
9%
97%
9%
28
Reel Silk Hosiery common
1% preferred
(Robt)
! -1'
AA
No par
Reading Co common
4% non-cum lit preferred
4% non-eum 2nd preferred
71%
•97%
8haree
f per thare
14%
14%
•/■jA' 9%
9 perthare
J per thare
72
13%
*
9 per thare
;
71
STOCK
CLOSED
10#
preferred
ll.25
9 per thare
EXCHANGE
1
Raybestos Manhattan
Rayonler Inc common
14%
15
109
14%
.4'-
41
41
•37
,
13%
•102
38%
•37
38%
*13%
14
*13%
109
14%
•102
14%
14
800
109
15%
16
600
-38
*102
109
143/4
8,500
•v
43
*37
14%
600
;
23%
6,000
15%
Co¬
ft
prior
preference
12%
5
12%
12%
24%
24%
*12%
13%
10
No par
*23
;
:
>12%
12%
24.. •.:
12%
100
•61 %
62%
62
62
14%
15
14%
14%
28
*95%
96
1
12%
12%
.;
26
1
•;
26%
12
:
*H%
24
24
12%
12%
12%
63
62
62
14%
13%
14 y4
14
•95
96%
95%
95%
*94
24
•62
14%
25
25%
243/4
25 y4'
12%
11%
12
11%
4
3%
4%
4%
3%
4%
10%
10%
10%
10%
10%
10
10
31%
31%
31%
31%
30%
31%
30%
111
20%
♦109%
109 %
109%
19%
20%
243/4
200
11%
„
1,400
•
7,600
6,400
3%
4
9%
700
30%
31%
•109%
963/8
12,300
9%
3%
4%
♦10%
50e
V.
•
243/4
12
70
14%
11%
25%
500
"
63
*62
96
12
200
'
*
>
13
*25 y4
?
500
113A
24
,
12%
•95
'
12%
♦11%
11%
*23
,
12%
♦23
1
-50a
Republic Aviation Corp
Republic Pictures common
May 15
11% May 26
41% Jan
2
61
convertible preferred
Republic Steel Corp
6%
com
...No par
Rexall Drug Inc
Reynolds Metals Co
2.50
Nopar
convertible preferred
100
6%%
50
Jan
8
Jun
11
Preferred
Feb
20% Mar 16
24% May 18
15% Jan 26
39% Jun
18
Richfield
Feb
22
28
Jun
15
5% Mar
9
5
14
20% Nov
15% Mar
24%
Oct
17
68%
Oct
17%
28%
Feb
7% May 21
11% Jun
9
28% Jun
9
30%
34,000
4%%
conv
Ruppert
(Jacob)
A
6%
25%
100
19%
96%.
t
7
•
26%
100
109%
*
6%
x26
98%
"
6%
5,800
96%
*95
■'
100
19%
19%
20
96%;
*95
109%
•109
20
42,100
26
3,800
100
98%
7
26
26
100
6%
230
11%
11%
10%
11
10%
10%
10%
10%
10%
10%
1,400
37%
37%
37%
37%
37%
37%
37%
36%
37%
8,400
47%
47%
•47
48
•45
47%
*46
47%
47%
47%
95%
93
93
•92
95
*92
94
23
36%
22%
34%
36'/a
29
28
28
V *92
1
Co„ 1
22%
.
6%
11
22%
22%
22%
35
36%
♦27
27%
•
94
*91%
22%
22%
37%
37%
27%
27
22%
22%
35%
♦27
6
6
6%
.'A 6
6%
5%
6%
11%
11
11%
10%
11%
10%
10%
*26%
27%
6
20
100
■
4,500
39%
75,900
27
200
6
1,900
11,100
10%
10%
27
27%
800
27%
27%
26%
27%
21
20%
20%
20%
20%
20%
21
20%
20%
1,300
l
26
26
25%
25%
25%
25%
25
26%
25%
25%
3,600
Nopar
70
70%
*69%
70%
69
68
68
68
500
15
15
14%
14 V.
69%
15
•66%
a
15
15
15%
15%
800
preferred
18 % Jan
page 26,
99%
100
7%
-
36%
34
72
6
99
100
•28
14
May 28
26
Nopar
64% Jan 29
23
6%
25%
*95
*109
X
25
,
*27%
28
..8
Ronson Art Metal Wks Ino
Apr
7%
Manufacturing Co
Oil Corp
Controls
96%
25%
Ritter Company
No par
Roan Antelope Copper Mines
Robertshaw-Fulton
20%
24%
100
Rheem
20%
*95
,,' 95
111
6%
'
■
series
Royal Typewriter.
Ruberoid Co
(The)
May 21
27% May 27
■1
lo
3.60%
22
8
Mar 16
95
,
-
10
Common
94
20
com
Reynolds Spring
Reynolds (R J) Tob class B
Dec
10% Mar
,
prior pfd series A—.100
Revere Copper ft Brass com—No par
5%% preferred
100
18%
9
10
conv
25%
Mar
900
163
•156
42
10%
79%
*23
:;
163 V
93
79%
81
♦79%
23
92%
92%
i
,
10
80
22%
163
42%
411/*
,
1
80%
22%
;
•156
162
91%
*90%
/
106%
31
34%
102%
*
34
"
23%
15,300
15%
*13%
14%
10
92
75%
,
39%
May 6
87% Feb 18
see
75
'
34
*90
45
•42
*89%
•
30%
Feb
For footnotes
*13%
115
14%
34%
*
76
45
.
'
19% Sep
42% May
Dee
22%
,46%
64.50 preferred
Reo Motors Ino
8
8% Feb
19% Feb
Dee
34%
23%' "
75%
102%
102%
92
*90
(
92
15
33%
♦89%
♦106%
98
11%
104
34%
*22%
Conv pfd 3% % series
Remington-Rand common
6% Mar
'
6% Feb
18
7
39
•
92 '
88
•42
100
30%
Reliable Stores Corp
Reliance Mfg Oo common
Apr
88
♦85
45
92
76%
10
3,600
41%
4
15% May 21
r
*85
88
,
9,500
106%
64% May
61% Jun 10
*1
Mar 17
95
♦96
,
39%
25% May 21
13% May 24
27
63
14% Jan
95
97%
28%
97%
30%
Rels
i
28%
28%
'
•106%
Ralston Purine Co 3%%
34% Jun
13%
15
"
-
Par
4
28% Mar 11
Deo
28%
29%
7,600
,
30%
08% Jun
22% Feb 20
Nov
90
106%
Mar 31
18% Feb 20
19%
39%
90
*108 %
15
14%
14%
•109%
Radio-Kslth-Orpheum
Feb
8% May
115
22%
NEW TORK STOCK
17
Dec
.22% July
48% July
19%
200
^
41
33
34%
100
200
;
109%
38%
*13%
\
102%
V
A// EXCHANGE
32
37
34%
•108
103
109%
106%
;
18% May
17% May
16% May
15%
•102%
113%
*102
110
19%
28%
77%
34%
♦113
103
110
90
*85
110
600
39%
88
*13%
24%
38%
*94
*74%
24%
;.30%
11% May 19
28
;
10,000
24%
113%
113%
♦101%
109%.
23%
19%
97%
102 %
Nopar
common
75% May 27
Jan
300
23%;
23%
lot
oonv
11
91
29%
110
No par
7% Feb 27
63% Feb
105% Mar
Deo
,'
15%
No par
No par
9 per thare
•:
7% Feb 20
Feb
8%
1
'
100
100
100%
Ne par
///,/;: Highest'
9 per thare
Feb
88%
-
Lewest
930
52%
52%
52%
12,800
-
Quaker State OH Refining CMrfr_8B
25% Kay 25
Aa : ■•/ Range alnee Jan.
52%
100
900
'! 3,700
*88%
75%
STOCKS
<
Highest
56%
'
preferred
5%
5
Bang* tor Previous
s
61
56%
*42
100
(The)
61
56%
103%
•89%
74%
No par
com
65
Inc
Oil
61%
55%
Pnrltv Bakeries Corp
107% Mar 24
Jan
61"
90
*85
10o
dividend pfd
$1.40
18%
19%
♦94
100
preferred
Preferred
28%
29 %
92
Colorado..*20
preferred
preferred
Jan/ 5
53
31
8%
of
Pub Serv El & Gas
30% May 15
Apr
81% May
21% May
Mar
■
18%
39
45
;
Pub Serv Corp of N J com__No par
65 preferred
Nopar
120% July
18
19 %
92
Nopar
Public
Deo
10,200
18
"
38% May 17
111
A r 210
15%
*88%
*43
__i
24% May 15
Co
102%
15%
103
38
39%
*89%
100
6
300
102%
114
109%
89
33%
No par
com
5
preferred
cum
Service
19%
38%
*88%
102%
Nopar
100
15
103,600
15 %
29
15%
52%.
113%
90
Co__.10
Inc
700
16
14%
♦28
61 %'
♦101%
45
.
10
com
•15%.
15%
29
24%
88
preferred series A__50
conv
19%
19%
*13%
1
Power
Publlcker Industries
102% Dec
Aug
Electric
16%
15
25
75
No par
Procter ft Gamble
9
28% May 25
27
Feb
30% May
19% Dee
90
16
Potomac
15%
♦24%:
25
90
No par
B
200
23%
*42
8
Poor ft Co class
95
24
97%
_100
Pond Creek Pocahontas
•93
*28
100
*85
8
13% Mar 24
8
62% Feb
18
4
18
94%
23%
•95
1
i.
*93%
15 %
52%
109%
38%' "
89%'
28%
98
:
700
56%
100
24%
109%
109%
38%
100
7 %
gtd preferred.
Pittsburgh Plate Glass Co
Pittsburgh Screw ft Bolt
Pittsburgh Steel Co com
7% preferred class B
6% preferred class A__
11% May 18
30 % Apr
103%
*88
Pittsburgh FOrgings Co
1
Pitts Ft Wayne ft Chic Ry com—10®
16% May 20
8% Feb 27
Feb
Nov
32%
15% May
85% Deo
.
Feb
43
71%
Mayi
114%
*101%
Nopar
Plough Ino
Plymouth Oil Co
2
70% May
41% Jun
•113%
7
10% Apr
■
114
102%
109%
i'L
10
*24%
52%
100
37
•102%
.
'
5%% 1st ser conv prior pfd__ 100
Pittsburgh ft West Virginia
100
May 17
Pittsburgh Young ft Ash pfd
100
1
1
Apr 23 V Pittston Co (The)
25% May
13
25
114
82% May 10
20%
Jan
10% May
,
May 18
94% May 14
93%
23%
102'/a
1
Pitts Consolidation Coal Co
15
Jan
Feb
99%
24%
25
Pitts Coke ft Chem Co com_No par
65 convertible preferred—Nopar
Apr
52%
99%
24%
1
10
23% Jun
52%
99
3
preferred
55%
52%
,
30
*35%
18%
61
56
:
114%
37
-
—100
Reading Coal ft Iron
'
^
800
44%
♦114'
•35%
15%
'
61%
56%
44%:
"10
8,700
29,500
103%
103
56%-
61
61 -
No par
Corp common..,
*
56
No par
common
Plllsbury Mills Inc common
64
42%
Apr
7
May
8% May
Oo
16
60
'
165
32%
^
1
Pitts C C ft St Louis RR
35% May 22
26
Dec
18
14
92% May 26
Dec
18%
Jun
84% May 12
16
18%
15% Jun
11
32%
.
15
34% Jan
14
11% Feb
18%
.
103% Janv 8
110
18%
'
preferred series A
10o
Philip Morris ft Co Ltd common—•
4% preferred
100
3.60 series preferred
100
Phillips Jones Corp com
No par
6% cumulative preferred
100
Phillips Petroleum
No par
Phoenix Hosiery
§
5
14% May
1
15%
3%%
13
Feb
77% Jun
10
Jun
Jan
90
30% Feb 25
110
Mar
163%
67
Feb
98% Apr
Oct
102
Jan
16
Dec'
16%
.'
May
.•
12
Feb
96%
Jan 26
54% Jan 21;
Feb
108
Dec
6
87% Jan 22
38% July
99% Dee
96%
Dec:
93
July
63% July
f
Jan
15%
-88
preferred
35% Nov
90
103%
14%
preferred
.100
4.3% preferred ———;—_100
Dec
Oct
102%
14%
3.8%
Jan
28%
102%.
■
4.4%
85
16
28%
14%
pSMP"'
9
8
15%
15%
102%
t-
10
J
15
16%
*28%
1
61 preference common—
Jun
17
29
♦15%
16%
,,
Phila
17%
•94
36%
94%
100
(Chas) ft Co Inc.
21
May
44%
115
•114
115%
35%
.
28%
of America
2
103% Jun
Apr
104.
44%
45%-
•44%
•114%
115%
16
Philadelphia Co 9% preferred
-50
86 preferred
-Nopar
24% Jun '14 •'
:
19%
21
28%
Phelps-Dodge Corp.
104% May. 15
i
19%
20%
No par
preferred
64
May 15
57% May 15
28 :
33 %o
Petroleum Corp
17
20% May *15 :
105
95
4%%
May 19
15% Jun
5:
95% Mar
21% Feb
Jan
120% Aug
109% Aug
Feb
50
Mar
59
19
21%
•16%
5
109% Aug
27% Jan
;
18%
20%
100
7
j
>
Dee
19.
20%
45 %
45%-
46
45%
V
113
19
20%
95
30% Jan
•
^0%
95
62%
.
Apr
Dee
♦111%
•110
19%
20%:
19
21%
95
48%
Kay
38%
111%
111%
•110
19%
21
*93%
24% Jan
i
111%
19%
100
20% May
is
111%
111%
*110
CLOSED
r
4
;
EXCHANGE
v.
37
12
Jim
33%
37
18
>
*30%
•114
May 12
•
18%
32%
38
10% Feb
May
1,600
18%
*30%
115
14% Jun
,
18%
33 V*
18%
33
*36%
27
Feb
1,000
18%
*30%
19
•30%
iharae
there
13
33
115
Jan
22-
f
•12%
13
18%
._5
34% July
Kay
12%
19
Pennsylvania Bait Mfg Co com,. 10
3%% conv series A pfd—
100
34
Key
12%
12%
13%
19
Peoples Drug Stores Inc
100
6
23
Sales fee
the Wash
*30%
STOCK
100
-No par
.501
Peoples O L ft Coke (Chic)
Peoria ft Eastern Ry Co
22 Mr Dee
Friday
"9 per
18%
Penn Gluts Sand Cbrp com—No par
n
June 18
.
12%
May 15
98
17
June 17
I perthare
9 per there '
13%
Ce_
,t
45% Jan
Thursday
-
June 16
»
Apr 22
••
Wednesday
t per thare
• per thare
13%
Cement
tf'jJHfti&ta,
HIGH BALE PRICES
AND
Tuesday
6
.
120
•
Peon-Dixie
Penn
,
-
May 20
*
tfi' W <^>■>1
(2703)
June 15
June 14
i per ehare
«,"> *ft fWft* W WMM #N*
CHRONICLE
Monday
Penn Coal * Coke
19% Apr 15
^22% May 24
48
Apr 22
20
Feb
Dee
118% Sep
55% Nov.
103
45%
34"
2
WW WVirrtiM®»»A*«» aVtnM
LOW
Saturday
Par
19% May 25
34% May 7 <
112
Jan 14"
110
26% Feb
Kay
111
:
i<^^f*MWirjWtlW5**Wl»4 fWfiuWIMMf*
FINANCIAL
EXCHANGE
.
I per thare
■■
Apr
•
COMMERCIAL*
•
STOCKS
9 perthare
Sep
•AWWlKVfliU*^
NEW TORK STOCK
Lowest
13* May
at
nmm, <w i
Range stew Jan. 1
Highest
...
Leweet
7
t
Number 4709
Range tor Previous
Tear 1947
Highest
ti
v
■
1
•20%
•14%
COMMERCIAL'& FINANCIAL
THE
(2704)
24
Tear 1947
>
:
Lowest
I per share
gper share
$ per share
Saturday
Monday
EXCHANGE
.,
.
$ per share
'
Far
Jane. 12
I per
«Aa/a
4
*
June 14
PRICES
SALE
Wednesday
Tuesday
•
Thursday
June 15
June1C
t per $4tar9
I per snare
»
$ per share
>
HIGH
AND
LOW
-'
STOCK
NEW YORK
Highest
.
Monday, June 21, 1948
RECORD
STOCKS
Range since Jan. 1
v
.
Highest
Lowest
STOCK
YORK
NEW
i
Range tor Previous
CHRONICLE
Friday
June 17
Sales for
'
June 18
« per ehare
*
the Week
d per thate
■<
Sharesr
t-
s
39% Feb
Jan
65%
Jan
5% May
12%
Jan 9
Dec
40
St
61% Jun, 9
14% Jun 18
24
6 % Feb 11
32% Feb
11
Preferred aeries A 5%
48% May 15
18
May
37%
66
Dec
68%
Dec
67
Jan
2
139% May 28
87
Dec
60%
Dec
Qct
58
Jan, £9
8
Feb
13
101,
Jun 16
13% May 27
Feb
18
91% May 20
f
Jutt
12
80
Deo
79
108
820
Deo
96% July
26 Ye July
108
Deo
114% Mar
17 % Mar 19
Jan,
11%. Feb
Jan
25 % Mar
6
49%
23% May
40 Ye Deo
2
11 ;
Jan
39% Mar 10
51
May 27
Deo
103%. Sep
90% Feb, 27
95
Jan
90
Dee
102% July
88% Feb
13
93% Apr
13Ya
Not
18%
13 %
83%
Dec
98% Mar
13
20
•7
92
;
Jan
Feb
81% Feb
«
9
7
15% May 19
11% May
24s/t
Feb
13% Feb
11
25% Jun
65
Feb
44
Feb
19
62% Jun
Dec
19%
Not
15% Feb
10
20% Jun
Mar
43%
Dec
35% Feb
10%
5% May
Feb
30% May
16%
5
.
40% July
11
Oct
6%
16%
Dec
16%
10% May
110
31% Feb
Feb
Feb
Feb
30%
24% May
40%
Oct
18
May
33% Jan
70
Dec
82
Feb
68
Apr
30
15
78
,
21%
Feb,
12% Mar 16
15% Jan
Feb
12
1
35%
Dec
28% Feb
13% Jun
46% Jun
15
5
9
11
,
6% May
9%
Feb
5% Mar 17
7% Jan
4
6%
Feb
4% Feb
5
41
Jan
27% Feb
14
36
51
Feb
35% Mar 13
44
Apr
May
18% Deo
65
t Mar
117% Dec
15
May
29% May
Oct
19% Feb
17% Dec
14% Feb
May
5%
Oct
v
42
.7%
Feb-
3% Jan
39% Jun
39
54% Apr
Jun
9
10
104% Jun
24
14
17
1
Solvay American Corp 4%
5%
18
60% Jun
17
49% Jun
-
17
May
4% May
6
May
73
Dec
20% Feb
7%
14%
93%
31%
24%
17%
23% Sep
16% May
8
May
68% Dec
13% May
,
27
99
Not
89
125
50% Mar
82
Feb
Feb
July
44% July
36% Feb
63
80
23%
Jan
94
July
31% Aug
Dec
105
18
Jan
34
Dec
88
Dec
30%
Nov
36%
13% May
19%
14% May
19% Jun
•
24%
Feb
Oct
27
Mar
Feb
12% Feb
Oct
10% May
17
16
10% May
July
17
51
114
109%
May
>
Feb
Dec
.
7% Jan
>125
9
Stone A Webster
15
Studebaker
4
12% Sep
31
9 % Feb
2Q
45 %
13
14%
34% Mar
,
Dec
*
18% Feb
140 '
24% Feb
47
,
Mar
Jan
21%
Oct
37%
Jan
20%
Dec
27%
Jan
18%
Dec
28% Feb
79%
'
l
30% Jun
;
•
2
9% Mar
160
May
May
36
18
Jan
Dec
104% Mar
#% May
11
1f
Mar
14
Feb
38
Mar la
11 ;
13 % Jun
2
*30% Feb 2S
14% May 14
17% Feb 27.
10% Feb
80 % Apr
Jun
21
4% Mar 12
25% Jun
4%%. preferred
4% % preferred
9
41% Jun
11
7
11% Mar 31
28% Jun
235.
Jun
9
19% jun
9
14
16% Jan
19
Sweets Co
36% Jan. 27'
Jan
8
Jun
3-.
90% Jun
v!
9
88
*24 Ya
<••100
22%
22%
.'22%
£ 103;7 103%
4 7
4
22 Ya
Xl03Ya
103 7/a
i
1,800
<
20,700
4 Ya
7%
7 Ye
7 Ye
43%
*41%
42 Ya
42 Ya
53 Ye
*53%
53 Ya
53 Ya
53 Ya
2,800
.14 Ya
14 Ye
14%
13%
14%
40 Ye
40%
40 Ya
,5.500
v-1,400
40 Ya
*38 Ye
30 Ya
30 Ya
30 Ya
27
7,400
68 Ye
69
12%
12
73 Ya
Yq
;
*70
102 Ya
25%
72%
26%
102 Ye
102 Ya
102 7/e
28 Ye
28 Ye
•
7
34%
34%
♦97 'vw 98
103
72
727/a
52 Ya
52 Ya
92Ya
9QYa
91%
34Ya
v
33 Ya
34%
98
*96%
71 Ye
90
15%.
14%
14%
14%
14 Ye
14 Ya
•14%:
*41V*
>42 Ye
Ml Ye
42%
*41 Ye
41
♦39
41
40Ye
100 VV;
42 Ya
40%
:■-
•39
14%
39
14
38%
,
96 Ya
«"*96Ya
41
,
•14
14%
38%
28%
14 Ye
Ye
'38
39 Ya
»
97 Ye
♦95
♦97
Ye.
*14 Ya
38"
97 Ye
*96
32%
32 7
32.
30%
31 Ye
31
15%
16%
15%
16 Ya
15%
157/a
16%
16 Ya
15 Ye
16
157/a
16%
xl6
.7 *18%
19
17
xlO
7.*;
*117
21 Ya
20 Ya
20%
*117
147/a
20 Ya
.
68
119
14 Ya
■
10
*97
68 Ye
*117
,15
19
17 Ya
28 Ye
100
68 Ye
119
14%
19
17 Ya
20 Ya
10 Ye
♦97
69%
19
17 Ya
28 Ye
,
10%
r
100 *
69 i...
15%
28 Ya
10%
*97
-
19
16%
29%,
16%
10%
'
32%
16
800:
■8,400 I;
Moo
97 Ya
32%
*18%
69%
100
38 Ya
14
16
:V-
5,500
14 Ya
38 Ye
15%
-a
19
100
J
14%
42 Ya
16 Ya
27%
:
•
'33,700
97s/a
97 Ya
98
[
!
'•58,800
34 Ya
.34
,
20,800 '
28,300
52%
89.:>v
•-
??
72 Ya
52 Ya
'
♦-39 Ya
x.;:.
1,500 J
• :n
:
•41%
16%
500
•
;
72%
V
11,200
111
53
7 *97
120;
5,200 ■":■
100
103
111
33%
>
•
26%
103 Ye
112
v
90%
V
28 Ye'
Ya
.
3.400
2,300
91
26
27 Ya
•'v
■V-M4%
;
i6%
14%
20 Ya
20 Ya
25 Ya
25 Ya
25 Ya
41 Ya
41 y2
10 Ya
•10Y4
10"
lOYa
10
26
27 Ye
26%
1,200
vV:
10
36,700
119
14%
20 Ye
■:;: 1,300
25 Ye
9,400
41
41
10 Ya
10 Ya
26%
26%
20
10 Ya
'27%
68 Ya
24%
41 Ya
10Yi':
5,700
100
14 Ya
25 Ye
41 Ya
10 Ys
7
*117
20 Ya
25%
41%
34,600
*98
14%:
25 y*
1,400
22,900
*67%
119
41 Ya
19
17%
28 Ya
10
10%
26 Ye
-
A
8,800
17
68 Ya
41%
? 6,800
% 5,500 '.
28 Ve
:
100
25% V
41%
*89
111%
51%
92%'. 7
; 26
28 Ya
91 Ya
103%
72%
52%
*90
25 Ya
4200
21
102 Ye
10,400
72 Ye
20%
26Va
102 Ye
110%
2,300
17,200- V
'
.
12%
21 Ye
.
.
400
28 Ya
30%
111%;
7102 y4
73
88 Y4 v
27Ye
73 Ye
600
•.
30 Ye
12%
r
12 Ye
.
24,300
1
71
26Ya
28%
26%
7%
8Ya
*70Ya
30 Ye
"
'va
19%
*77/a
26Ya
91%'
105
50 Va
72%
>.
•>
1,200
21
102 Ya
28 Ya
91%
•1UY4 112%
v-
73 V*
73%
21 Ye
21%
26% 7 27
A-'
28%
26%'
12.
4,400
-8,900
7Ya
r
28
30 Ya
3,700 :
20,100 *
t W/ls
19 Ya
;'J 71
28
12%
7
92
*28%
♦103
700
*
10%
28
„
'
28 Ya
:-*228
27%
.
232
231
__5o
19%
19%
lo
42%
44%
13%
qf America-(The)—4.16 Ya
_25
;
34
1
232
232,
87%
13%
13 Ya
Xl4
34%
34".
15 Y®
715%
15Y2
25 Ye
6%
'
::
;
v
25«/a
x24Ye"
87%
X87 %,.
6%
;
;V
15%
87%
25%^
34 Ya
■
6%,
"
/'•
:
6%
;
•232
19
44
44
13Ya
.
,
235
18%
14
34%
235
19
44
87%
24%
187/a
44
16
v
19%
44 7
34 Y2
~
par
231
18%
44
13%
15%
NQ P»r
i
„
19 Ye
♦70
7Yb
-;
r
Nq par
..25
Symington Gould Cnrp
71 Ya
8 Ye
16%
,_10o
;,:7
19
69 Ye
7 Ya
-•90%
32%
25 V*
687/a
♦70';
8V4
8%
./102
i4%;.,
*20%
V
■; 19
7^7 7% :
30 Ye
♦19
72
7
7%
i'^71%
" 118
7
V,
*7%
>
97 Ye
25
•79
19 Ya
7
30 Ye
7Ya
•
22%
15%
12.50
Sylvanla Elcc Ptod Inc com__No
■
•
26%
102%
32%
118
Y|;
40
68%
98
10%
40 Ya
.
68%.
!
72%
'
200
49Ya
35
*97%
•
49 Ya
90%
;■ 69%
43
:
497/a
72%
is%
*40
Ye'
49
51
*
■
7
40%
7
Ye.
49 Y.;,
22%
113
40%
>38% 740
7
48
'
26%
*96%
,
*42
2^Ya
14% •14%
i 38%
39 y
V
,77
•
-
160,100
:::
3%
49
27 Va
-
34
;
,
>!
5,700
:; •.. 20
'
60%
O1 "12%
28%--
14%
;
preferred,.
39 Ya
•86%
257/a
59 Ya
I
91%
...__i
Swift A Co
$4
7% May 18
3,000
4
"14 Ya
.'
26% i
14%
•
7:
•
'■'3,500
25
'
88
*24%
'■.7:, *7%
8Y»
,*70 ' ' ; 71::?■> 707,7
V 28
28 Y.Y'-;
28.7.:
29 Ya
29 77
28%
,30%
102%
A——25
Swift International Ltd
38
38%;
*86
7:
104 Ve
7- x53
22%
71%
1
!
22
26.
34 Ye'
60 Ya
73%
88
r.
cum)—100
Paper Co
23 Ya
34
26%
19 Ya
13
L... 50%
No par
series B_
Sunshine Biscuits Inc.—..—
Sunshine Mining Co
Sutherland
23 Ya
34%:
59%
2r\
29
26
Nq par
series
38
88
23
158 Ya
-
24
•
200
126,100 V
1,400 ■*■•'
r
38%
5 .4
:
%
102v 104
^L.l
Superheater Co (The)
Superior Oil of California
Superior Steel Corp—
17
44% Jun
•
112%
:__20
,
pfd (4%%
Sunray Oil Corp
9
158
59%
^v-
28%-
1
common
common
Class A
2
21% Jun
Corp
23%
34
29 Ye'
58
8%
•r
*91
No par
common
158% 158 Ya
40 :
.
29%
58%
Y-:r
•102
5
$4.50 series A preferred:
Sun OH Co
v
26 Ya
"
15
Corp (The)..
Sun Chemical
7
15% May 24
18
13% Mar
24% Oct
17% May
101% Jan
118;
11
Jun
24% Jun
32% May
8% May
11% Ja^
98% May 25
70% Jun
9
29 Ye
2,100 ;'S
r
*39
40%
29%
23 Y4
34%
;.,33%
26%
7'/a
X21%
100
16
34
26
19%
73
8
preferred
17% Jun
Mo,200
*39%
34%
25
2,600
5 Ye
"
72
41
29% Jun
6
-
*86
68
•40
Sterling prug Inc common—
Btokley-Van Camp Inc
6% prior preferred
34
6 Ye
5Ya /j.
25%
42%
8
r:
6Ya
5 Ye
26 Ya
68
•41'A
2
34 Vs
23
>
:•
'20,300
6Ya
>
7; ^ 30%
:
•97%
Jan
5%
104
40
; j *70
100
Jan
Mar 17
113% Jan
preferred series A
18:
6Ya
30%
!v
200
45 Ya
.77
7%
71%
26%'
common—10
20
;
44
45 Ya
6%
6 ,•%
.:•«; 25%
Steel Spring common
1
convertible preferred
50
Starrett Co (The) L S——...No par
Sterchl Bros Stores Inc.
1
l
3 Va %
>
46%
46 Ye
5%
25
41
48
28%
4%
8
78 Ya
500
40
?
14%
58
12%
25
3
50% Mar 19
Oot
r
Standard
7*
*75 Ye
1,800
7:;''38'77
4 Ya
68%
28%
•/•
.Napar
27
Mar
94
1
1
__2
Stevens (J P) ft Co Inc
Stewart-Warner Corp__,__
Mar
9
Apr
Jun
78
30%
*69%
25
3% %
77%
>
33 Ye
32 Ya
33%
13 Ya
r;:34
54
41
49
■
8%
California..No par
of Ohio
7 2,600
158 Ya
19%
'
—5
36% May 21
16% May 26
11
16% Mar 10; 1
75% Mar
'
I
Standard Oil
11
% Jun
97
of
26 Ye
:
6%
;
par
Standard OH of New Jecsgy
15% May 21.
39
10
11% Jan
15% Feb
105
*•
13% Feb
25% Feb
,
8
32% Mar 12
88
21% Jan
May
18
11% Mar
49
Jan
104% Mar
97% Jun
Oil
5,900
Ya
:•■:
43%
*38%
■'
59'/a
.*;■ *70
No par
Standard
39Ya
26
29 Y«
,
*42
.
■*.■
;
Standard Oil of Indiana
39 Ye
27
40
68%
r
100
-
$4.50 preferred
16
15% May 21
Feb
'■
15
43% May 11
41% May 26
37-v
.100
%:
Jun
11
Oct
•"
Jun
10
47
preferred
53
17
43%
48
73
Feb
x7'/a
25% ••26
common..No par
$7 prior preferred.—
92% Jun 15
35Jun*14:
Feb
7%
58
f
40 Ya
26 Ye
13Ya
22%
4 Vv
; 7,200
32 Ya
X40 Ya
13 Ye'
.Y.
38%
21%
4%
1,100
3,900
IOOY2
13 Ye
;
104% 104%
104 %
13Ya
♦100
'
4%
7Ya
13%
7%
13 Ya
101
13Ya
-
33%
35%
38%
'
87
442
Brands Inc: com—No par
$3,50 cum preferred
<
No par
Standard G A E Co $4 pref—No par
5
$6, prior preferred——.;—No par
14
11% Feb
34%
38%
*
7%
Standard
.
Jpn.14,
38
24
-
7 Ye
'
2,600
41
.
6Y4
30%
104
(E R) A Sons, common....1
$4 preferred.:
—.No par
Jun
Feb
.
,
7%
'25,400
14Ya
257/a
No oar
:
preferred—...2.—.No
Conv
113,
Feb
91
*
Square D Co
104*
13
35%
11 Ya'
45%
88
Squibb
27% May 15
;
24%
41 '
11%
13 Ya
157%;;: ;; 158%
24 "'.5. 7'7 23Ya
157
■
100.
6%
40 Ya
11%
♦99
28%
r
6%
6 Ye
41
11 Ya
31
14 Ya
•*
*86
.7.50
Kellogg A Sons,
Sperry Corp (The)——!—
Spiegel Inc common
,
2
49
May
May
12
18
May 15
17%
10% May
Jun
41%
37
Jan
Railway
non-cum
$5,50
Jan 29
29% Jun; 3
10
69% Feb 11
24% Feb 27
Mar
Gas Co
Spencer
91% Jun
54% Jan 27
37% May
2
104
97 Ya Feb 27;
157
*6%
40 Ye
.
14%
-r
•25
i'v
'
11
11
2,200
5,700
14 Ya
-
6
40
29%
30%
29% Jan
19% Feb 27
86
1,300
-
14Ya
34%,;.
" 40
:.-
,
39%
74
May 14
23% May 15
;
18
May 3;
98% Mar 9 ;
22% Mar 3:
'
'
Spalding (A G) A Bros Inc.:
1
Sparks Wlthington—
No par
Spear A Co common
I
5
14;
61% Mar 17
15% Feb
Jan
30% Jun
22
Feb
63
73
29% Jan
20% Feb 20
7% Mar 16
302
Aug
36% Jan
114% Feb
May
May
.
% Jun
2
ij' 23% Mar 18
37% Jan
Dec
17% May
81
8% May 27
9Q% Feb
23%, Dec
.
5% Mar 10
40%"
30
I
;■.;,'34%'
.
41
Southern
20% May, 20
7% Jun 15
J 69
18% Feb
45% Jan
112% Feb
Nov
83
Feb 20
"
30%
Mobile A Ohio stock tr ctfs
Mar 1Q
Feb
56
9,800
59
34
.
14%
*
41
6*
4
Jan
Jan
July
Oct
54%
24%
•13%
,
•38%
Southern Pacific Co
.
6
15
Feb
f'
38%
Edison——"—23
73;
Jan
"fid 5%
53
'
15
54 Ya
a773/4 •'-78%
13%
'14%
California
■
-
■
•24% *25%
22
21%
V
;
,■,■•.45% .,403%
6%
6%
34%
pfd_100
69% May 15,:
Mar 23
14%
*13 Ye
South Porto Rico Sugar com—No par
8%
preferred
25
15
Jun
76',Ya
14%
Southern Natural
42% Jan
*77%
^
53%
27
70
54
23%
*58
27
X33%
26%
52%
20
Feb
19%
13%
40 Ya
6%,.
35
87
Ya
4i%
27 Y4
14%
23%
>
34
41
14%
Southern
Aug
19 Ye
101
33%
5 Ya %
cony preferred—.---—50
Southeastern Greyhound Lines
5
30% May 15
77
19 Ye
7%
7%
13%
26%
6%
,
156
com_4-50
,_50
preferred...
43 % May 24
81
Not
59
19 Ye
"
South Carolina E & O Co
37
68
247/a
58
55
•99
V
i
29%
——,--10
7
13%
101.
y*
46%
•40 '
.
7%
7%
13%
•99 Ya
13%
35
No par
7
•
-
45
.
Socony Vacuum Oil Co Inc———15
25% Mar 15
Mar 17
V
8.
14%
13%
South Amer Gpld A Platinum——1
May 17
54
,
101
33% ,34-
Smith (A) A Sons Carpet Co com—feO
3V>% cumulative preferred—100
38% Mar lT
67% May
J
1
Corp
(A O)
Jan
Jan
7%
13%
.—No par
———15
Dec
50%
80
4,000
89
24%
7
5%
34%
50% Dec
170
-
19%
54 Ya
400
9
94 Ye
*87
89
18,500
50 Ye
-
60
19Y0
11 Ya
6%
42%
Apr
May
50 Ye
7,100
24%
*59 Ya
41
of America—'—.:—1
8
34%
15 Va
*87
11 Ya
•99 Ye
8mlth A Corona Typewriter—No par
7% Apr-26,
45
Jan
9
7
% Feb 27
43% Feb X\
33%; Feb 11
58 % Feb, 20
1.
,
*93
89
*8 Ya
15
15
28% Feb
15 Ye
40 Ya
•14%
Jun
July
15%
11%
78'/»
16% Jan
22
15s/a
40%
•77%
12% Mar 11
Deo
93
11%
•6%
41%
Jan
27
28
5
4
Jun
52
93
40%
7%
28%
66
May
37% May
40% Not
*94
9 3 Ye
11%
40%
22% J tin'
"l47/a
94 Ye
41
26%
Smith
19
Jun
23
11
Feb
50
94 Ya
11%
*6%
;
—No par
Corp
Blmonds Saw A Steel.-
18
Apr
26,
5-
5% Mar
8% Jan
Not
Steel
Sinclair Oil Corp
3
.
80
13
99% May 11
*"*3%
50
40
—$
—-
,
,
7
Jan
30Y«
94 Ya
•
23%
55%
Sheratofi Corp
May 15
Jan- 8
30% Jun 15
30% Mar 17
87
-
*87
89
•
55
Sloss-Sheffleld Steel A Iron—-,--20
Jan
30 Ye
15%
55%
14
Jun
30Ya
50
50
9,400
5
190
30%
15%-
*87
'
113
30%
1SV4
*87
20 Ya
•112
13
93 Ya
15Y*
19%
130
127/a
93%
15%
90
13 Ya
93%
54%
24% Jun
39%
13% Mar
15
10
31.400
13%
12 Ye
94%
: *93
40
102
*88
112
•"
130Ya
12 Ye:
20%
112
5,900
13Ya
50
93%
:
19%
20%
113
;
*93Ya
50
94%
•93
No par
35% Jun
35%
90
*93
*49 '/a
*93%
19%
11
102%
89 Ya
*49 Ya
<
60 Ya
13
Dec
13 Ya
88 Ya
30%
24%
Feb
Dec
31%
19%
Skelly Oil Co
23%
*99
13
5,100
34,900
'
*127
104
13%
13 Ya
60
16
87 %
-
131
*100
19%
24%
158% Jun
Apr
32
*127
101
112%
61
10
28.'
129
7
13Ya
25%
11
<18
45 Ya
20%
20 Ye
92% Feb
Oct
23
44 Ya
112 Ya
x20 Ya
X112
k
t
45 Ye
31%
13%
*
44%
13%
20%
31%
44%
88 Ya
19 %
Feb
15
90
112%
Sliver King Coalition Minpa
5
Simmons Co
,—No par
7% May 18.
114
90
Sharpe A Dohme common—No par
$3.50 conv pref series 4—N° Pftr
Bhattuck (Frank G)
No par
Sheaffer (W A) Pen Co.;
1
Sheli Union OIL
.—,.15
2
22
39
90
24%
Sharon
Apr 21
Dec
"27% May
13 Ye
13%
14%
13
:
60%
Shamrock Oil A Gas.
2
41% Jun
27% Jun 10
Dec
Apr
13%
20%
60 Ya
13 Ya
101
•"
13 Ya
112%
■
Co—.
5
Belberllng Rubber Co.,
.—..—.I
Servel Inc common—
'.-1
$4.50 preferred
—-No par
Jan 31
14%
24% May
101
♦89%
59Ya
13 Ya
129
131
*96
13%
Seeger Refrigerator
36% Jun
,
25
Mar
131
101
Sears Roebuck A Co-———-No par
11%
■
132
•96
—1
Seagrave Oorp,—,
10
8% May IS
11
Feb
131
•
—
Co
42% May 18
104
,
11
Feb
6
14% Jun1
26
26% Feb
45%
59 Ye
13
'
17% Feb 11
20%
Feb
44%
preferred seriea A_—'—ICQ
5*
Seaboard Finance
7% May 21
,
9% Mar 16
94
45%
(The) common—5
12% Jan
5
10% Apr 29
5% Mar 17
Jan
Dec
Dec
101
44%
Seaboard Oil Co, of DeL
14
59% May
11
Mar 25
CLOSED
v
59 Ya
13 Ya
43%
13%
60
12%
60
13%
Seaboard Air Line eom t, t c—No par
14
23
59 Ya
13%
cumulative preferred—_100
3.35*
7
17%
60%
13 %
non-cum
Scranton Eleo Co
Apr 10
39% May
59%
Louis Southwestern Ry.
6%
35% May 21
.<
100
Ttc
■
-: 59%
STOCK
EXCHANGE
CQ—100
preferred,—
100
8t Regis Paper Co common——--5
1st pfd 4.40% series A
—100
Safeway Stores common
5
5% preferred
100
Savage Arms Corp—,—-—5
Schenley Distillers Coi;p
1.75
Scott Paper; Co common
No par
$3.40 cuip preferred,——No. par
Scovlll Mfg Co 3.65% cum pfd__100
St
'
16
Jun
13% Jun
lfl
85%
7% May
21% Jan
113
9
8% Feb
16
t c—No par
Joseph Lead
St L-San F Ry Co com t,
13%
7,600
V
242
400
18% .18%
:
1,700
i
*13.
•"
13 Ya
34
15%
15%
147/a C 15%
24 Ye
24%
25 Ya
25
j 88 Ya
87 Ya
88 Ya
33 Ya
34
;;;■
4,300
v •
25
22,100
M 2,900
a.
6Y8
e%
800
A
*87 Ya >89
6 Ye,
6%
;
\ 1,200 :
44 Ya
*43
34
6Ya
3,300
I. ;
:;
V
? <
iio
STOCKS
Year 1947
Lowest
$ per share
Range shtee Jan. 1
'■
Highest
•
$ per than
I per a/w#'
Saturday
EXCHANGE
June 12
J
I per than
Per
Monday
!
-l
Tuesday
| per there
Wednesday
June 15
June 14^.
I per share
_
May
10%
Jan
46% May
21% Jan
15% Jan
41
I
13%
14
7%
Feb
OYa Mar 16
Jan
3% Feb 11
14% Mar 10 '
52% Feb 14'
67
17% Feb %7
25 %
47
13
64% May 28
10,
56% May 12
20% Aug
68% July
24
Dec
68% Not
47% Deo
Feb
37% Feb
34% Dec
29
Jan
58% Feb
Dec
15 %
45% Feb
Dec
11
Feb
1Q
5
Mar ll1
Talcott Ino (James)—
Telautograph. Corp
Tennessee Cqrp
5%, May 17
19% May 27
'Jun 15
May,
Texas Co
Texas
8
19% Dec
12%
Dec
9
Jun
18
41
14% Jan
Dec
21% Feb
59% Feb
35
Jun
18 '
46% Jan
17% Feb
12% Apr 13
Sub
9
May
For footnotes see page 26;
1
share
May 22
15% May 21 "
$1.25
conv
EXCHANGE
.—.5
CLOSED
11
•
£
the Week
■:;
tper share
Shares
■
'.
■
i
';
/
"
r-
v.-
,
■..*
■ I
T
--v
,:■:
h' '
$2.40
conv
;
■'..
11%
11 Ya
47/a
.•
4%
ia5/a
18%.
66
65 Ya
67
66 Ya
24 Ye
25
24%
24 Ye
61 Ye.
50
62
17
par
•
:
18%,
18%
a
Ye
38 Va
18%
h
2,200
J
66Ya'.
37,400
15
24
15,200
62
62 Ye
62 Y8
62%
50%
51Ya
49%
50%
43 Ye
42%
43 Ya
:
63 Ya
63%
17%
16 Ye
16%
62 Ye
51%
43%
43
43%
*>61%
63 ya
20 Ya
9 Ye.
38%
t
9Ya
;
v
*37 Y,
38 Ye
43
;
•61 Ya
9%'
"
18 Ya
66.
50 Ye
21
*18-%
63
16Ya
'
•20
9Ya
.•*
;
37
21
V
9%
37
:
,
*20
21
9 Ya
9Ya
36 Ya
36%
*>■♦12%
13 Ya
M
A
v
8,700
42 Ye
11,000
14% -v. -M3Ya •^ISYf
■13%
*13 Ya
■
600
16%
*195/a
■Vr
;
637/a
16
•
43 Ya
63%
,
*
5,100
,
9-V
; 35 m
20 Ya
9%
36
,
6,500
100
,;■/
si
M 2,500
"300
"
*13%
U
600
23%
61 Ya
17Ya"
20 Yg',
:
18% >i
900
M:
5
667/a
51 Ye
17 Ya
t't "V
5
24Ya
62
'
11 Ye
11%
■:,
24
61 Y»
17 Ya
5
66
•
*
50
.
11 Ya
'
62 Ya
"
20 Ya
9
'!
11%
MM 5
667/a
25 Ye
43 Ya,
100
19
^9%L
1Q
No par
5
607/a.
par
preference.....No par
11 Ya'
18%
Thatcher Glass Mfg Cp. common—-5
The Fair
5
24 Ye
common
preferred—„;_NQ
')-,•
5%
65
;
i
l
Ry Cq__.:
4, 11%.
H
>5
25
;
ctfs——
Pqpific
Textron: Ina
STOCK
g
Gulf
Texas A,
■
8
24
(The)
f
Producing.,.,
Texas qulf Sulphur—
__Nq
Texas Pacific Coal dc Oll,
Texas Pacifip Land Trust—
48% May 13
65% May 24
20% May 24
Dec
12
June 18
t*- $ per share
■
11% May 21
18 %
17% Mar 27
,
Sales fer
Friday
June 17 J:
f per share
r
.:■''.
10
Thursday
June 16
I per share
•v-
3% May
13% May
63% Sep
(,
it
LOW AND HIGH SALE PRICES
NEW YORK STOCK
Lowest
,.«
:;
3,500
is
Bange for Previous
: *12 Ye
13%
100
1
Volume 167
Number 4709
THE
COMMERCIAL
A
FINANCIAL CHRONICLE.
(2705)
25
J
.
NEW
Previous
Range for
f»r 1947
I perthare
13%'
Dec
6% Aag
Feb
14%
Jan
24%
Sep
May
Dec
59%
18
May
Dec
•
4 % Jan
29
6
13
32% Jun
lp4% Jun
105% Jun
17
Mar 17
-
Oct
Jan
15
20%
Nov
44
Jun
•
15% Jan
22
5% Feb
11
23% Apr 11
10% May 15
104% Jan .27
Feb
Feb
97% Mar
Nov
12% Mar 16
'21% Dec
34% Aug
•93
Dec
38%
Jan
19
Jan
23
48
Jan
33
Feb
10
Jun
92
Jan
27
104
-
Dec
16
Feb
Nor
61%
Feb
9% May
17 %
Roller
2
5% Mar
24
Oct
18% Jun
9% Mar 16
lo
3%
30%
4
9
..
Bearing-
-No par
3
5%
<*
.
•
conv
Twin
prior preferred
Coach
3'A
31
22%
53
53%
12%
12%
par
20%
20%
*20
10
10%
103%
18
9%
22%
18
36%
35%
100%
7
"
2,300
94%
170
3%
3%
3%
1,200
25%
24 Va
24%
300
30%
31%
49,500
31%
104
104,
104
♦105%
6
_
53%
51%
*52%
,
12%
12%
4,800
15
15%
7,300
20
20
9%
25%
26
1
25
17%
18
20%
21%
35%
12%
12%
12
12%
;
11%
12 :
35%
100%
♦100
11,200
210
17%
35%
3,400
18,000
35%
800
100%
200
6%
*6%
6%
4,300
24
24%
24%
24%
1,700
11%
12%
11%
11%
3,000
2,300
6%
•
25%
1
800
"
9%
104
21%
♦100
26%
20
9%
104
-
17%
6%
25 %
20
10
104
20%
35%
6%
1,900
12%
15%
104
100
100
4,500
12%
18
21%
.
.190
22%
52
15
<
80
Co_:
400
54%
22 Va
10
35%
'
6%
10%
54
22
104
17%
100%
6%
10'A
21%
20
21
35%
•100
%
13
9%
22
1,400
—
15%
"
X103
18%
21%
22%
S3
31 %
52%
v
10%
*22%
10
104
0
22%
20
103%
2,100
•105%
12%
21
103
18%
21%
32
15
■r.
11%
95
3%
104%
52
15%
10
10%
54%
♦25
21%
13
15%
►103
3%
*105%
22%
2,200
44%
*43
10
*94%
;
25
*103%
there*
Q
53%
95%
31%
32%
104
53%
6%
10'A
"55%
25
15%
►35%
22%
*3%
; •
27
15%
•100
22%
54%
12%
1
—No par
preferred—:
23
95
9
Steel——No
Corp cbmmon_
11%
*10
i
23
53
11%
22%
♦105%
22%
11%
the Week
Q
9%
11
96
103%
:
9%
Saloe for
9 per there
44
10
3%
31%
104
9%
44
56%
♦25%
I per there
45
*44
10
*95
26
103%
94.50 prior preferred
—No par
Twin City Rap Transit com—No par
8% May 27
32% Jan 21
14% Jan
3%
26
45
56%
10
57%
96
'
11
•
-
10
I—No par
20th Century Fox Film com—No par
$1.50 conv preferred
—No par
5
100% Jun
4
Jun'17
CLOSED
Truax-Traer Corp
25% Mar 31
-36% Jan
23
►105%
Transue ds Williams
$6
23
No par
Axle_
Trl-Continental
23%
.No par
Transcont'l St Western Alt Inc
9
23 %
com—No par
tTransamerica Corp——
7
22% Mar 11
15%
.7
Timken
May 21
13% Jan
11%
EXCHANGE
1949—
Detroit
16
112%
30
Timken
55
10% Feb 27
Jan
July l
11%
57
preferred
Called
23% May 27
Mar 16
53%
15%
93.75
.
5
11%
♦95
Tide Water Associated Oil com
7
9%
9%
♦44
♦10%
STOCK*
10Q
—
9%
Friday
Jan*II
June 17
f per there
45%
No par
com
$3.50 cum preferred—-
10
7
—
t per thare
9%
Thursday
June 10
♦44
v
1
IS
1%
'
15
2
60
(The)-
preferred—:
Thompson-Starrctt Co
May 15
19% Feb
Feb
7%
•
9%
KICKS
Wednesday
June 15
# per thare
>1
.
SALE
Tuesday
June 14
f for there
Avenue Transit Corp—No par'
Thompson (J R)
..-ThompsonProducts
16
95% Jan
Feb
Dec
'
8
95 % Jun
1% Mar 11
Dec
12%
LOW AND HIGH
Co -common
Thomas Steel Co
59% May 26
-
6
.
22%
•
5% May
•99
-
11
Feb
.1 Third
9
105% Jun
13 Va May
14
May
Monday
Hue 12
32%; div conv preferred
19
Jun
10% Jan
••
19% Mar 16
21%
Theitnold
9
13% Apr
24
8% May 10
Feb
108%
15% May
40% May
10 % May
-
47% Jan
19
39% Feb
85
0 >'•
V—
10% May-15
Apr 30
39% Feb
25% Oct
May
94
7% Feb
Mar
7%
Mar 16
19
Jan
106
3% May
20
Satnrday
STOCK
Far
'
Feb
10
38
95
RECORD
EXCHANGE
t per thare
40% May 11
Oct
16%
8
Feb
16%
..
NEW YORK
Highest
g per thare
Feb
60 %
9% May
'
since Jan. 1
Banga
Lowest
Highest
I per thare
45
STOCK
'
Lowest
•t
YORK
STOCKS
;
U
12
Deo
15% July
0% Apr 30
12
Jan
3
59'A Jun
15
Underwood
16 Va Jun
15
Union Asbestos St Rubber Co.*.
"
•
i.
43% May
9% May
25'/a May
58%
Jan
37%
\
45
Feb
15%
Oct
Mar 16
8% Mar 16^
-
27% Feb
> 39% May 26
427A Jun
9
11
40% May 17
105
Dec
115
Mar
106
" Jan
2
91%
Dec
106%
Sep
91
Feb
Dec
104
Jun
86
Jan
6
27
Dec
110
9
85
20 > Apr
21% Feb
98
Jun
7
11
35»/aJun
19
*190% Jun
14
Feb
96'/a Mar 18
105 3A Jun
31% Jan 26
> 41% JUtt
2
Jan
30
May
11
11%
10%
11%
10%
11
11
11
11
11
59
59
58%
59%
59
59
58%
59
58%
58%
1,800 ;:
15%
15%
15%
16%
15%
15%
15%
16
15%
15%
8.400
38
39%
37%
38%
37%
38%
37%
377/a
37%
37%
42%
42%
41%
42%
41%
42%
42 V8
42%
42
42%
♦108%
109%
108%
108%
5
$3.70
$3.50
series
Union Oil of
4%
non-cum
Tank
99
♦97
•89
-
90
34%
189%
190%
100
•105%
105%
No par
—
16% May
25%
Dec
15%
.75
Dec
110
Dec
Dec
22% Feb
10
Sep
8
77 Va Jan
30% May 19
.110% Jun
3
>
6
,14% Jun
Apr
120%
105% Jan
Apr
28%
> 19% Apr
40%
40%
,18% SCp?
Jan
3%
Dec
60
19
Nov
Jan
22
22
83
29
Dec
10%
8
May 10
2'A Feb 11
' Feb.13
55
->
>> 9
4% Feb 26
95
v''':
;
Jan
19%
11% May
Oct
61% Mar 17
:
24%
>>■>12% May
171
>
21% May 26
16% Feb
27
89
Feb
20
15% Feb
11
Feb
92% Feb
11
170% Feb
0
13%
Dec
33%
Jan
11 Va Mar
Dec
94
Feb
63%
Feb
?2% May 15 i; U S
>
9
6% May
25%
.-«»
35
»,
46%
:>•"
-
Nov
5% Mar 15
26
10
--Mar 10
>36
Apr
-7% Mar 30
r
46%
Oct
Feb
49
>
39
Jan
53
Dec
Jan
13
25% Feb
40% Dec
127% Deo
»
5
,103% July
>60% Feb
14
165
i;
,>•>
38% May
».
Dec
61% May
67
>
)
>> 133
Nov
■•-
57% Jun
>
6
11
>
41% Jan
Feb
66% Jan
Mar
Dec
48% Feb
8
ton
8% Oct
8
.Jan
12% Feb
Dec
109% Jun
96%
5%
>
1
10
:
:>> 38
Jan
2
.: ,4% Mar 16
;.
72
Apr 21
82%
Jun
14>
9: ;
93
;•.
11
Jan
» 6%
Jun
4 %
>>■
20
.
->163%
.'52
Dec
Dec
30
Feb
16
11%
May
Feb
22
>
15
Feb
?-
19
Feb
150
23% Dec
>192 - Mar
Feb
17
13%
29%
>
Feb
91 Ye
Dec
86% Dec
Feb
4
•
May 22
>>:4%*
May 20
it
21%
22
22
22
22
22
22
22
1,200
>
18%
19%
18%
19%
18%
18%
18%
18%
13,300
31%
■>.: 31%
IV
31%
•'..;■■■
100%
31%
1
102
•100%
100%
22%
>
"
22 3A
,111%
111%
111
111%
110%
111
178 Va
176%
176 Va
*176%
179
40
•14%
14%
75
■
14%
14%
75
>73%
40%
*39%
■>.'■ 39
> ■"■>
18%
:
17%
9%
'•8%
50%
46%
132%
132%
72
No par
;•
> *40%
42
...
18% '
18%
11',
10%
•95
10%
V;
99
,:
*95
.
100
..r
6
t;
32
32
18%
19
■-:■"'■"
18%
9%
10%
:
47%
1
'52%
'
47%
*131
132
,
*70V»
'>'■• " 81%
!'
100
3,200
;
120
>
10,700
>
>
131
131
400
52
52
3,300
53-
18%
,18%
■>"''
33,600
1,400
18%
*40%
:>
5%
"11
*94
18%
10%
♦94
,
4,500
42
'.'*> 5%
v.
99
>
200
81%
140 Ve
18%
42
*5%
>*10%
10%
99
71%
80%
139%
82
139%
•40%
5%
71%
71%
-139%
42
*
■;'■>;
9
12%
68
>■>
67
32
'■>
32
6 Va
*31%
19%
■■•
'■•
19%
8%
•163%
168
20
•-■
5%
b
500 "J''
10%
1,400
99
>
_
*"
23%
168
>
*
163 Va
12j/2
*66%
168
19%
8%
■
>
1,800
8%
15,900
210
*22% '23
•
'
15,400
32
19%
;
8%
*22%
6%
32
;
8%
12%
12%
-
67
5%
•
9
»
♦60% ; 67%
13
6%
32;
23
-
23%
'■:
>6%
,
19%
9%.
13% > •; >..,>13
68
6%
6%
;
23 %f, >
*23 >
168
-•163%
jr
46%
46%
r
71%
,18%
'■;>:>
•163
94
93%
58
'
6
32
18%
»
1
93%
*92
1
1,600
35%
140
*94
5%
•23
35%
81%
71%
*31%
■
♦56%
35%
131%
139%
97%
'
10,200
9%
51%
57 %
93%
"80%-
r
•40%
€.'>•,>■:.■■: >: 5%
:ioy. ■>> '■••10%
,
17%
1
57%
46%
'
42
-
50%
-v.
35 Ve
52% '54%
18%, >
♦40%
5%
■
*5%
51%
900
'
*71%
71% :
>:iei% '82% *
♦140 > 140 %
;
82%
*
131%
54% >■■
54
1,100
*8%
qi/2
..
''
500
6%
29
17%
18%
*8%
39%
6%
29
■
35%
•92%
46
17%
50%
39%
6%
29% f
;
700
*
57%
34%
/'
>
9%
*57
.*92% ^93%.
46%
18
51
14
74
39%
6%
29
■>•
14
*73
75
.
39 Va
7
6%
29%
51%
18
51
.
-
6%
>
14%
*73%
39-
29%
6%
30
*8%
>.
;
;
1,100
*176%
47
55
I
400
176*/*
v ,:>* 73%
132%
;
220
113
,;fi4%
r
>
6,100
22%
•22
176%
93%
.
31%
100%
22%
300
100%
31
100
22%
3,200
•
112%
«'
.
35%
:
*
31%
XlOO
22"%
*22
■*
57%
100
10
12,800
^..—25
prelerrefL—
77
55
34%
1
*
45%
•56%
>■:
>'
1,000
26%
140
.
>
6,200
7%
77
:
24,100
54%
35%
81%
>
7%
79%
210
3%
46
45%
57%
.
55
3%
X45%
,
25%
9%
,..•71%:
<
46,100
55
139%
" 18%
n?: 8% prefer red
Universal Pictures Co Inc com
15% May 21
70
Feb 24
7%
♦77
4%
55
3%
46%
7%
79%
4%
56
3%
46%
7%
•77
•
Universal Laboratories Inc
—1
..Universal Leaf Tobacco comlNo par
0-: >170
10% Mar
56
'
3%
47
46%
1
*55
55
3%>
•
>
500
46
51%
54 1
Unlversal-Cvclops Steel Corp—..._ 1
■
!
;
>
'
2,900
27
*18%
*130%
11
8
4%
4%
33%
35%
54%
*6%
:
23% Jun
4%
4%
33%
35%
i
26%
•29%
46%
10% Jun
Mar 10
4
35%
>
*45'A
6%
v>
€
33%
35%
34%
55
40%
*92%
United Wall Paper iric common—2
4% cum conv preferred—___50
e
>
33
33%
45%
is
35
17
20
2,000
26%
•50%
21
34
13
2,600
14
7%
*8%
Jan
Mar 13 ;
Feb
,
21%
*13%
54%
^ 18%
Jun
'
,
*20%
14%
45%
29%
-
>
21%
14
26%
6%
United
400
20%
14%-
8
51%
50 "
100
78%
24,500 1?
21%
34%
>
79%
29%
>■
17,900
15%
78%
82
•'
>
29%
109
15
v
55
75
40'A
No par
100 :
preferred.
*80
81
29
►107
16%
46
113
*73%
;
Stoekyardk. Corp--.——I
United Stores $4,20, non-e 2d pfd__8
$6 conv preferred.——No par
30 Va
109
27%
"
non-cum 1st preferred.—-100
non-cum
1,300
2,300
54%
..
180
>15 ':(■
Plywood Corp ..common—.:—.1
7%
103%
* 39 %
46
>
22%
•175%
5
:
«77
32%
112
100
;
•'».
54%
3%
47%
7%
;!'
>>!?:*•
■
101
22%
class A——No par
U S Tobacco Co com
8
2,300
19%
32 a
common
....
30,600
22
101
20
U S Steel Corp common:
1%
preferred
-12% May 26
98% Jun v 9
29
8%
15%
30
35
187%
27
65
18%
>
No par
;>> 7% preferred
;> 42% May 20
> 6% May 21
v
8% Feb
S
29%
*107
15%
39
;
14
53
3%
46%
22
13%
1
U 8 Smelting Ref St Min com—50 ;
j
140% Jan
> 19% Jan
i
10% Jan ■>'■•» 3% Mar 17
Dec
>?>*33% Dec
• 16 - May
U
13
58% Jun
67% Mar 17- >
129% Mar 10
■
23 i. Feb >■ >•17% Feb
>
137% Jan
7
81
150
;,
30
109%
33%
»..■'
46%
28
54%
3%% cum pid series A—100
May 7
49% May 15 'V U S Rubber Co corafnon————.10
6
80 >' Dec 4:*
.
9
37% May 21'
..tf/i'-
■
conv
39 Va
t
•
>
20%
•
4%:. >
53
3%
*46%
94
125% Mar 19
51% July
38
<n.
Feb
38% Feb
Feb
»;£*<•■*
,
Dec
*17%
5
87
53
01
33%
34
4%
46%.»
27%
13%
34
79%
><;
21
33
•78%
No par
Machine Corp...
89
103%
104%
39 Va
15%
'>>'
f
>-■■>!
83
13%
■' ».>
7%
•■
-<4%% ; preferred..———*.
..10
U S. Pipe St Foundry—__—20
U S Playing Card ,C».
10
'May 21 >
•
•
*», '92
Hoffman
2^ .1 U S Lines Co
h I 9% May 20
39% Feb 16
73
S
fi; ;> Partlc
Jen
21% Jan
>17% Mar- 9
>
May
Dec
•
Oct
39%
> 24% Oct
23% May
1
> 9%
-
,
Jan
16% Jan
>>>'9% Dec
kfcT
%\
17% May 14 V U
>
10
99
34 %
186%
104%
29
,v
20%
■
7%
Securltlea—.^No par
...
*88%
35
188%
40
>:
•107
15%
*81
4%
53
V
Jun
4
4%% preferred
100
42% Jan
9:>" U S Industrial Chemicals..—No par
8% Jan> 7 > : U S Leather Co riommon
..No par
•
34
4%
,
'i" 76
'
LB
& Foreign
Jun
9
$4.50 1st preferred
U S Freignt Co
24% May 15
>,
>113% Jun 9 >.- U S Gypsum Co commoh
179
Jun*
2
7% preferred—'..—
69% May 7
t 33% Feb 24
>"
—No par
-101
Oct
>
33%
34 ->
3%
United Gas Improvement Co
United Merch St Mfrs Inc com
190% Mar
>■;> '37:.); Dec
v
';
39
109
15%
'
33
"45%
23 >May 24
71%
>»
,
29%
29
14
1
>
107%
Dec
3
>
109
20% >21
13%
100
United Fruit Co
Jan
106
May
convertible preferred
40 Va
>
83%
preference—.v.———.
5
United Dyewood Corp common—1
7%
preferred ,
—100
United Electric CqcI Cos.
5
United Engineering St Foundry
3
58% May 17
f
'
No par
;
>
20%
J2% May
$3.50
11
Feb
*81
Corp——10
20 Va Feb 27
.-
23% Oct
81
>> 86
•
15%
No par
Carton
13% Mar 16
Jan
19% Feb
15% May
Dec
,
■W
>'->
>•46% Jun
10
48 *
*
&
105%
40%
34%
187%
i;/
6,900 ?
32,900
109
*97
89 Va
*89
34%
35%
1 186% 187%
>105 ^ 105%
105%
30%
$3
May 27
21
37% Jan
> 59% July
44%.Jan
v
Board
89%
■*88%
♦108%
99
*97
'■'■•
189%
>
99
35%
189
109%
15%
100
United Corp common
22
13
,43 %.. Jan
....
5
82% Apr
28% Jun
.16% Feb
preferred
20%
•109%
10
United-Can- Fastener Corp.—No par
United Cig-Whelan Stores com—300
47% May 20
■
common
United Carbon Co__
17
Jan
Inc
cumulative
United
3% May 15
>
Lines
United Biscuit Co.:
29
4% May 15*
40
Feb
Jan
>
> 35 % Jun
5
46
■
Jan
53% Mar
Dec
Feb
"Mar
3
Jan
.
4%
Dec
5 %
Air
♦97
V
•
S
100
convertible, preferred
4%%
15% Jan
7
35% May 21
27% Feb 20
33% Nov
» 8% Feb
Dec
65%
■'.'" Dec
35
Dec
2%
41
5%
80Va Mar 22
12
11% Mar 16
Jun
26%
United Aircraft Corp common
United
2
r
24 %
5
28%
,
'
90
34'A
(;V;\VIV'
102
■
99
90
•
110
28
preferred
Car
•109
100
..Union Pacific RR Co "common
Union
*"
110
*97
No par
California—
.
*109
aeries——No par
Preferred
9
38% Feb
152
1
No par
Preferred
>
16
Dec
111
4
1
8
164%
(The)
Corp.
Union Bag St Paper
-——No par
Union Carbide & Carbon newi-No par
Un El Co of Mo pfd $4.50 ser-iNo par
'Jan 24
90
.
=
Apr
97%
:;i ;
Jun
Nov
120
Udyllte Corp
♦163%
i'
I;
400
168
12%
12%
12%
6,500
67
66%
66%
40
1
(
i
>
Bange for Frevloo*
>>>::>:'x■>■•'-'> Year
Lowest
*
9 per thare
14%
Deo
Deo
84
>
22
Feb
>18% Feb
20%
>39
Nov
:
94%
.Bang* slnee laad
Lowest
10
12% Feb
21% Feb
13
12% Jan.
2
Feb 7
22
Mar
S
.
Feb
86
Feb
21
gi¬
94
-
Jan
86 '•• Feb
13
gs
35 Va May
50%
Nov
37% Mar 10
Dec
104% May
5% May
>10% Nov
69
May
14
Nov
112
>
87 Va Feb
93
Feb
11
Oct
14% Jan
Dec
121
Feb
34%
Dec
45
Feb
31%
-
1
;
v.
'f 31
Dec
40 ■?■
Oct
38
Dec
33%
33%
Oct
32
Nov
Aug
Feb
19
Apr 15
6%
div
partic preferred
Elec St Pwr Co com
22%
39% Apr
:
26
32% Jan
5
32% Jan 12
>Virginian fey Co
24
24%
-'"
/
€55-
23%
>
14
t
V
21%
9 perthare
22%
22%
1,700
14
14
13%
14
1,700
26.
26
♦25%
26
200
12%
13
12%
13
4,100
23%
1,700
13
-
13%
23%
98
90
22%
14
26
24
•93
•93>/a
there*
13%
-
"
96
•ale* far
the Week
I per there
♦25%
-13%
96
Friday
Jane 18
Thursday
June 17
Jane 16
9 per thare
26
*93 Va
23%
•93
96
*93%
96
22%
23
22%
.
.
>
23'A
23%
*93
96
*93 Va
96
r
....
*93
96
♦93
96
:
(
■
1
•-«'!
■
'
*47%
47%
•95
95%
122
16%
10%
116%
25
117%
36
preferred
...28
Vlsklng Corp (The).5
Vulcan Detinning Co common.
20
7 * cumulative. preferred
20
34
•
31»A
...
1
47%
*94 V8
,13 %
12%
122%
116%
*122
117 Va
23
16%
-
116
37%
31%
123
17%
116
•
ih
17
17%
♦116
116%
♦119
16 %
116
48
'
-
121%
500
17 Va
11,200
1
90
'1
116
23
*22%
23
*35
37
*36
37%
32
32%
31%
r*
38%
"*37%
*29%
T
31
•30
31
•30
31
64
32
32
—
6,600
,>22%
30%
V
13%
36
•29%
—
1,700
95
23
•37%
■■>
122
-
36
*22%
-t
38%
•30
48
95%
12%
•35
31%
48
*94%
13%
30%
38
•29%
48
05%
12%
17 V.
>
48
*94%
13%
*22%
.
>
48
>
95%
16%
23
•22%
•
13%
122
122
25
'47%
*95
13%
;> 13%
10#
pfd
13%
;
•93
10
common..
13%
26
13'A-
13 %
23
22%
,
14%
•26
Wednesday
,
9 per there
26%
14%
CLOSED
100
'
10
'29
9
38% May 11
34% May 3
10
28% Feb
Feb
30
Jun
18% May 15 / Virginia
117% Jun 14
$5 preferred
23 v. Jun
2
Va Iron Coal St Coke 4%
7
30% Feb
22%
>
EXCHANGE
SALE PRICES
,
June 15
9 per thare '
VIcks Bhreve St Pacific' Ry coml.lOO
5% non-cum preferred.—....10$
•
> Jun:'4'
123
6
Jan
9 per there
STOCK
Tuesday
^
Jane 14
'
'
35% Mar 30
Jan
38
*.
"
Jan
18
<
109
Par
48 1 Jun 16 > Victor Chemical Works, common—8
> 96% Apr 23
3 Va %
cumulative preferred
100
A 13% Jun
9
Va-Carolina Chemical com—.No par
7
107%
a
May28
Monday
| June/12
■>
2
7% Mar 10
Nov
16%
LOW AND HIGH
katnrday ,> >>
EXCHANGE/.
Vanadium Corp of America—No par
15% May 17 L Van Norman Co—
.'.2.50
26% May 21 > Van Raalte Co Inc new.
10
15% May 21 V Vertlentca-Camagtiey Sugar Co—0%
rTick Chemical Co
29% Jan ; 6
__2.50
85% Nov
85
'"V
'
STOCK
24% May 21
v
10
Jan
>
NEW YORK
I per there
14% Feb
*
>
■
Highest
9 per thare
9 per thare
12% May
26%
,.
Highest"-:'
13% May
r<-
STOCKS
1947
•
■>
200
32
2,400
*37 %
38%
*37 Va
38
600
*29 Va
30%
*29 Va
30%
*30
31
♦30
31
32
—
:
W
•7
Apr
Apr
75%
Feb
13%
17%
Jan
14
29%
•
Apr
36%
Feb
*30
100
Dec
*17% May
7% May
10%
Dec
88%
Dee
12
Deo
21
May
109
•
60% Apr
;
Feb
Dee
17% May
11
July
100% Apr 29
24%
Jan
*18% Mar 17
13%
Feb
19%
Feb
106% Mar
18%
8% Feb
11
10% Mar 12
*83% Mar 12
Feb
lOVa Feb
30% Nov
25% Feb
20% Feb
19%
6
Mar 15
27
Jan
23%
For footnotes
20% Jan
Feb
17% Feb
see
page 26.
08
r
Jan
S
15% Jan ; 8
35% Jup
4
104
Jun
14
27% May 21
13 Va
10
101
;
May 24
Jup
2
Jun
2
10
,
14
May 22
5
32
Jan
2
Wabash
RR 4(4*
•63 ;
preferred—..100
No par
> 14%
No par
"»
•
14%
Walgreen
34%
"4%
Co
common...
preferred
Walker (Hiram) O it W.
Walworth Co—
Ward Baking Co common
5Va 55- preferred....
Warner
Bros
100
....
104
> 12%
103
•103
%
*29%
31%
5
16
20% May 28
Waukesha Motor Co
24
104
,64%
63%
63 Va
,
i
300
15
14%
14%
600
34%
34 Va
34 %
1,000
103
104
♦103
J.
80
104
24
24
24
23%
24
13%
12%
13
12%
13
15%
15%
15%
15%
15%
5,600
>
98
98
98
98%
98'A
540
-t
10%
99%
11%
11
ll'/a
11
11%
41,100
29%
28%
29
28
28
32%
30%
32%
31
32%
30%
25%
20
98%
99
11%
11%
11%
30
29%
31
„
'
a
(
32%
>
24%
12%
; 15%
13%
',
8
34%
15%
98%
par
*14%
34%
12%
*98%
No par
No
64%
14%
*34%
15%
100
11
64 Va
'•14%
23%
12% u
:
Warren Petroleum Corp new com__3
Washington Gas Light Co
24
15%
•
♦63V2
15
34%
103
-
*15%
5
64
15 >
34%
'
23%
4f
-
..
1
Pictures
Warren Foundry St Pipe
.
;io4
c
No par
.Nopar
34
34% May 14
26
May 13
10
84%-
Waldorf System.—;
•25
25%
25%
25%
25%
25%
•20%
20%
20%
20%
20
20
*25%
20
*28 Va
29
4,500
,
.*
11,700
1,400
'
>;
p
31%
8,400
A?
25%
25%
400
"'■
20%
20%
600
>■
26
COMMERCIAL
THE
(2706)
YORK
NEW
30
30 ft Jan
Feb
10
Not
39
Feb
11
Feb
80 ft Feb
13
Jan
37ft
Jan
52%
90
9 pershare
.5
1
STOCK
Knitting Mills
Wayne Pump Co_
0ft May 24
61ft Jun
9
Feb
12ft
9 perihart
Wayne
2
-3
6
41
Dee
Tuesday
PRICES
Friday
June 17
June 18
* per there
I pershare
9 perthere
Sales fsr
June 18
the Week
Thursday
Wednesday
June 15
June It
For
2
21ft Jan
Mar 16
24ft Apr
Deo
SALE
LOW AND HIGH
..
Jane 12
Sharet
I per there
'
17
Feb
ft
30
Monday
Monday, June 21, 1948
RECORD
Saturday
STOCK
YORK
f per there
9 pershare
I pershare
26ft
STOCK
EXCHANGE
Lowest
Highest
Sep
NEW
Baage slnee Jan. 1
Highest
Tear 1947
f per «hare
CHRONICLE
STOCKS
Range for Prerlou
Lowest
FINANCIAL
&
•18ft
18 ft
•18ft
'
EXCHANGE
18 ft
18 ft
18 ft
•18 ft
18%
300
x25ft
25 ft
25 ft
25%
25 ft
25%
2.100
5ft
5%
5%
5%
5%
2.900
56 ft
26 ft
26%
5%
26 ft
26 ft
*18 ft
18 ft
5%
5%
59%
-
•
83*4 Mey
34ft
21ft May
108
121ft
112ft
106 ft
Deo
18% May 15
West
104 ft Mar 16
114
118
<
116 ft Aug
112ft Not
13
Jan
Jan
9
107
Jun
18
38% Feb
14
Jan
100 ft Feb
6ft Jan
2
75ft
Jan
34ft Feb
14
9ft
Dec
110ft Jun
25
Jan
113
Deo
6ft May
38ft May
4
May
8ft May
10ft
90
17
May
26%
Sep
18% Feb
11
28
27ft May
22ft May
38 ft
Oct
32% Feb
13
39% Jun
31
88
May
11
11
101ft Jun
Jan
29 ft Feb
16
40% Jun
pfd
106
•111ft
112ft
100
•106 ft
107
Coal
Coke
•112ft
100
42%
43
62ft Mar
3.80%
pfd
cum
Weston
Elec
92
26 ft May
19 ft May
Feb
23
Feb
29% Feb
19
34
Oft May
84
17%
July
90
Feb
29 ft May
34
Feb
24% May 26
White
Motor
22% Jun
White
Sewing
Feb
6
90
:
12 ft
Dec
9
6ft May
•lft Sep
10% May
Mft Deo
13 ft
Feb
19 ft Jun
16
64ft
16ft Dee
12% Feb
15
19
31ft Dm
Not
19
Jan
8
10
18
1Jun
10
Mar 19
15
*138
Jan
13
Feb
Feb
6
43 ft Feb
11
28
Feb
$4.25
;•
-
6%
37 ft May 27
,
Woolworth
14
49% Jun
20 ft
Dee
Dee
100
Feb
81
Feb
16
•3
Feb
58
Jan
6
,
74ft May
94ft Apr
Deo
80
it
Not
70 ft Mar
I
May
11% Feb
81ft Feb
5
Mar
13
67ft Jan
45
Jan
16%
Feb
10% Feb 27
37% Dao
14ft May
63% May
U
May
60 ft Mer
38 ft Mar 13
83
65 ft Feb
Oct
28
14ft Mar 16
July
19% Feb
10% Jan
and
asked
27
V 86% Jun
*19% May 27
no
sales
17
Seatth
6% May 19
11
on
Eonite
30% Jun
this
day.
32 ft-
92%
40
7y; 7777;;
>39 ft
40%
39 ft
31%
31%
*92%
100%
;/• 39 ft
39 ft
20,600
'
92 ft
100%
39 ft
-
900
400
54
55 ft
53 ft
57ft
51ft
53 ft
51
52 ft
98
97%
98%
97 ft
98%
97%
98
*110
115
•
:
►110
110
115
3.600
.
1,530
.
'
114
♦109
110
90
•„
,
'
98
115
"
;54%*~
80
52%
54 '
89
88
88 ft
•26
26 ft
26
26
22%
23
22%
21%
22%
21
7 104%
104%
30ft
104 ft
104ft
*29%
•29ft
30 ft
*29%
30%
7; 16%
17%
17 ft
18%
18%
19 ft
18%
18ft
18,400 '<
lift
11
11%
11
11%;
10%
lift
18,400
64
64
'
23 ft
•101
•
•£"
23%
21%
105
•
•29ft
<;
"
"30ft
--
'
'
.
11%
*63ft.
.
*
16
*86 ft
10
/7>
63 ft
64
"
18
87%
*26
'
•
88
26%
26 ft
26 ft
22%
22%
22%
22%
21%
22%
21
21%
105
'}
16 ft
15 ft
16
87 ft
86 ft
86 ft
*16
16ft
ft
7*86%,
15%
17%
,
17 ft
17ft
•132
7
17%
131
134
132
17ft
17%
♦128
>
5,200 '
134
40
36%
36 ft
36%
36%
36 ft
36%
36%
36 ft
36%
48%
49%
48 ft
49 ft
48 ft
48%
48 ft
48 ft
24
1.800 ,J
11,600
No par
24 ft
77 23%
24 ft
23 ft
77%
78 ft
t *77%
78ft
7 77ft
•.92%
92%
92%
92 ft
91
77 ft ' 77 ft
*76
77
series
100
aeries—10f
:
oobt
;
'•
;■
•
•-
„•••;a
-
a'77.;
Mfg 06.
I
•
*77 w, 79 ft
66 ft
66ft
65 ft
'-
66%
66
10%
10%
10 ft
15ft
15ft
14ft
15ft"
•45 ft
46 ft
45
45 ft
22 y4
86 *
21ft
19%
22 ft
: 85 ft
-.
18 ft
29 ft
28%
5%
5%
777.7 19
5%..
:
66%
15 ft
27%
tf-W K'%
i
66
19%
34 ft
33
86%
*'•/;«•&
76ft
76
46 ft
No pat
Ho pot
M
.►'•75
76
33 ft
•
May
"7.
J'
>
7.
3,300
390
% *'66 ft
10.
Deferred
a
33
.
»
32 ft
33
ft
33
>
33
14 ft
3,900
•45
'4,000
14ft
5,600
46.
,
200
21ft
21%
*21
21ft
900
84 ft
7
85%'!
85%
85 ft
> 84 ft
84%
10.600
18ft
19 74
19
19
18ft
18ft
2,500
28%
29 ft
29 ft
30%
29%
30%
5%
,5%
5%
5ft
5%
5ft
5%
.19
r
7
Cash
sale,
s
22
Special
Sales,
/
wd When
-
distributed,
x
i
11,200
1,900
Ex-dividend.
Transactions at Hie New York Curb Exchange
i.
H-
Number
Week Ended June 18,1948
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday.
of and Mitcel.
Sharet
Daily, Weekly
f#
\l
f '7
1,747,207
1,630,595
United States
Total
Foreign
$5,811,000
Bank
Government
anil
Yearly
Bonds
Bonds
Sales
$347,000
$2,000
•>
4,398,000
313,000
$15,000
4,726,000
3,895,000
391,000
35,000
V 4.321,000
5,036,000
360,000
1,246,060
4,432,000
151,000
5,000
7,726,852
$23,572,000
$1,562,000
$55,000
1948
-No. of shares
$4,000
m
u.
~
8. Government
International
-
194$
4,710,610
•/; $150,000
183,000
$60,000
$430,500
45,734,580
$6,000
7
11,000
169,000
77 273,000
448,445
150,000
$969,000
Stocks—No. of shares...
35,679~500
16,986,000
508,816,100
455,900,100
$25,193,000
$18,434,000
$558,173,180
$492,976,100
$1,390,500
Total
'
7
188,000
300,000
18,000
247,000
$1,281,000
Jan. 1 to June 18
1947
1,553,775
:
'
$273,000
2,566,225
8,COO
.
•/ 7.000
$39,000
20,000
79,000
-
$344,000
' 202,000
——-
13,000
554,100
1948
"1,388" 000
Foreign
Corporate
*.-"'
Week Ended June 18
120,367,176
23,572,000
TotaL
$194,000
491,390
1947
157,665,112
55,000
1947
1948
*
39,383,691
38,312,587
Bonds
Domestic.....
$969,000
$1,739,000
$27,633,000
$33,128 000
Foreign government.
273,000
101,000
5,007,000
3,035,000
Foreign corporate...
3,192,000
1,562,000
614,015
-
2,566,225
;
$4,000
Bank
$t Industrial
458,275
Total.
$25,193,000
;
Exchange Closed
to June 18
Bondt
Foreign
Railroad
Jan. 1
1947
7,726,852
4,590,000
Foreign
Government
Domestic
Share)
Wednesday
Thursday.
Friday
5,396,000
2,000
18,1948
Saturday
Monday......
Tuesday—
$6,160,000
1,581,990
Week Ended June 18
m
of
Week Ended June
Exchange Closed
1,521,000
Total-.
.
<
Bondt (Par Value)
(Number
Bond
Bonds
Bonds
-
.
■
39,000
32,000
1,112,000
272,000
$1,281,000
$1,872,000
$33,752,000
Total.
$36,435,000
'
77- 7 t
»
:.U«
•
H:
Stock and Bond Averages
.
:5 7
V
a'"'"'
Below
listed
on
are
the
daily closing averages of representative stocks and bonds
-Stocka-
tasMto10
SO
7.
*«'
Data—
s$
Indus.
7;
the New York Stock Exchange as compiled by Dow, Jones & Co.
Rall-
trials
-
roads
II
Total
utn-
!
Un
Btooks
SB
If
•
Beoond
ie
Orads
Indus¬
trials
if
First
Orads
Utlli-
Ralls
Ralls
tlas
Total
June
12.
June
14____
192.86
61.34
36.04
71.08
101.83
106.26
92.44
103.56
101.02
June
15—
193.16
61.19
36.03
71.09
101.71
106.10
92.40
103.43
100.91
June
16——
192.34
60.91
36.00
70.82
101.51
105.99
92.36
103.34
100.80
June
17—
192.15
61.38
35.89
70.90
101.50
105.98
92.69
103.35
100.88
June
18—
191.65
,61.27
35.85
|70.75
101.54
105.83
92.69
103.13
100.80
Closed-
Closed
r1
i
{
■eve
■
i;
■
.
'
7.77i;
32%
14ft
46
;'
1,200
lift-.
32%
14%
•45 ft
40
30 ft
7
delivery,
7
■}
130
:
77
22ft * 22 ft
paid
91-7.7
10%
X65ft
>.
23 ft
77%
91
'
Jf# par
dividend
10ft
23 ft
77%
93
;
78
15%
:7 *45%
-
•••
liquidating
65 ft
10ft;
10%
10ft
-
23ft
77 ft
*91
91:7;
•
/'!
23ft
77%
24
78 ft
Stocks
Int'l
■
'
49%
Radio Corp.
Products Corp.—
\
,
1,000 :
77
'
•57-V '77
Railroad
'
I
9,300
100
15%
7
500
■
36ft
'j'Vf
1
,
160
7
88
483/4:
7
10
—
1
3,200
13,000
15% 77:
15%
'
16%
•
300
*
7»,
105
•
*30 7 730%
63 ft
63 ft
€3 ft
♦104
105
•
240
7
21%
16
■*
134
10,100
54
♦87%
26 ft
•86 ft
v
53ft
87 ft *
23
7
16
7
16%
*132
52ft
88
•62%
16 ft
17% .r
18
7 134
53
•26ft
.
89
716
16ft
52 7'
87 ft
63 ft
16
•86 ft
89
17%
X?*130
7711
16%
16ft
v
7,7
V
Transactions at iha New York Stock Exchange
Stocks,
'
53%
52ft'
......100
n
32 ft
31ft
92 ft- 93 ft
7 *99% 100ft
,
93%
' 101%
100
98%
•16
Daily, Weekly and Yearly
7 93%
7
*87%
-
$40
32%
32
'7.
40
'•".,740
i.v.-
4
100%
100%
'
-
(new)
93
93
a
7
56
♦110
■
r
oommon
32ft-.;
32%
33%;.92%,,
101ft
40
common
flEx
100
101ft
cum
fin receivership.
900
4,300
9,500
11ft
preferred.
Young Spring 9t Win.
Toungstown Sheet 9t Tube
Yaungstewa Steel Door
14
ft
72%
6,600
20 ft
—i.
Cera
4ft %
*69 ft
38%
(F W) Oo
* Town#
Tork
24
May 25
22% Jun.., 9
5% Mar 16
prices;
*
Tale
2
16 ft May
48
15% Feb 21
21% Feb
#% Jus
•Bid
34ft Jan
.
23% Oct
14ft May
.;
27ft Feb 21
'
23
-
t3ft Aug
10ft May
34
72
38 ft
Wright Aeronautical
—No pat
Wrigley (Wm) Jr (Dei)
Wyaadette Worsted 06
lift May 18
•
34 ft
•69ft
22 ft
-
Prior ptd 4ft %
Prior pfd 4ft %
7
84 ft May 21
60 ft Mar 19
8
4
May 17
94
34
72%
38ft
com.
Common
25% May 15
Apr 14
71
•3
33
33
32 ft
•69
23 ft
No par
Worthlngton P & M (Del)
8,000
t
38 ft
16% 7 17 ft
Oo
13 ft
33
22%
—30
Pwr Oo
13%
♦31ft
38 ft
com.
preferred
Woodward Iron
14
32
23 ft
preferred
Wisconsin El
13%
32
38%
Motors
Wilson-Jones Co
8,900
13 ft
32
13
•30%
23%
$4.50 conr pfd series
21
Mar 30
120
53
May
88 ft Jan
42
2,000
39 ft
preference
Oil Co.
Wilson * Co Inc
17% May 17
11
42
100
9
23%
I
WOlys-Orsrland
65% May 15
81ft Mar 25
Not
17
9
38%
Co
Machine
3,200
23%
12.50
preference
cony
Prior
Wilcox
May 27
12
9
Oct
Jan
145 ft May
35
Dec
Oct
43
Mar
17
20
Jun
136
51
Oct
11
99
$4
May 16
29% Jun : 9
6% Mar 17
Feb
17.;
107
27ft Feb 28
Oft May
;
7
11
27
42 ft
42
6.300
.
.
109%
*109
110
,
—12Mi
.100
106
series B
preferred
Feb
18%
50ft
23 ft
Instrument
9ft Feb
Feb
18ft
50ft
39ft,.,. '
Wheeling 6c L Erie Ry com
100
Wheeling Steel Corp com
No par
$5 conv prior pref
No par
White Dental Mfg (The 8 8)
20
5
27% Jan
20
Jan
:
7
23%
17
54% Jun
19 ft
51ft
38 ft
11
Mar 18
110
18%
51
No par
Air
Jun
Mar 16
10%
33%
97 ft
63
107
72%
•53ft
37
107
80
51ft
42
*32 ft
No par
Oct
•106
50
18 ft
a
42
•69
No par
53 ft
108
►106 ft
42 ft
71%
$3.75
101% Mar
May
.
100
9%
33
Common
Deo
31
90
111
9
71%
14
111
111
110
32 ft
16
8
112
13 ft
57ft Jun
Jan
♦111
32 ft
98ft Jun
60
112
8ft
13%
Jan
Dec
20
'
109ft
31ft
34 ft Feb
76
108
8ft
13%
65
102 ft July
Deo
119
♦106%
103ft
32
Westvsco Chlorine Prod—
82 ft
*118
111ft
9
13 ft
Onion Teleg class A.No par
111
119
108
110
42%
..
110ft
15,000
•118
107ft
8%
730
4,500
18
*106%
111ft
32
No par
100
A
Brake
Westinghouse Electric com
3ft% cum pfd series A
•
9
10O
106
2nd pfd
Pacific RR com
non-cum
series
8%
.10
Auto Supply Co.
Maryland Ry com
110ft
-1
*109 ft
17%
108
•109
preferred
18
118
112
•106ft
ft
17%
111
►106%
110ft
&
3,700
'
118
U7ft
108
111
56
xlll
114
117%
•106ft
ft,,
18%
Westinghouse
9
Dee
106
114
17 ft
51
Western
95ft Apr 23
v
118
17%
,17ft
-17%
18%
11
11
118
106 ft
Preferred
9
85ft Feb
43 ft
Not
26
33ft Jun
25 ft Feb
21 ft
51%
Western
14
91ft Feb
83
21%
*17%
20%
18ft
4%
May 19
Dec
81ft
20%
51
15.
72% Jan
6
55
Deo
30
11
Mar
64
105
Aug
106% July
Deo
94ft
Feb
Mar
83
20 ft
18 ft
4ft %
36 ft May 21
42 ft
Deo
82
21ft
17 ft
50 ft
0
28ft Feb
Deo
55 ft
82 ft
20 ft
18
Western
66
57%
82
21ft
50
Western
26 ft
58 ft
83ft
21ft
•112ft
—
Western Air Lines Inc.
7
May
57ft
83
21ft
6
14% May
22ft Mar 12
58ft
83 ft
.—100
160
„
Va
46 ft May 20
32% Dec
59ft
83 ft
preferred series B
4.20%
14
36
59
1
(Tbw) —Wo par
No par
preferred
preferred
West
10ft May 18
7% Mar 17
6
•5ft
West Va Pulp 6c Paper com_No ptt
18ft May 18
51ft Jun 15
20
Oct
Co
Elec
West Penn Power 4ft %
9
16 ft Apr
108
6%
Jun
CLOSED
No par
Sugar Corp
Fenn
1%
23
113
Jun'
106
47
32ft May
4
14
11
105 ft Feb
Indies
Class A
Jun
Jun
108 ft Jan
L
preferred
conv
West
*113% Apr 15
103ft Mar 29
117ft Mar
Dm
1«% Dec
$4
3
13 ft Feb
i
—5
Inc
Wesson Oil 6c Snowdr com—No par
2
26% May 21
19 ft Mar
Jan
86ft Jan
Webster Tobacco
Number 4709
Volume 167
*
THE COMMERCIAL &. FINANCIAL CHRONICLE
Bond Record
FRIDAY
WEEKLY
-
YEARLY
-
NOTICE—Prices are "and Interest"—except for Income and defaulted bonds. - Cash and deferred delivery sales, are
disregarded In the veelCs
the week, and when outside of the regular weekly range are shoan In a footnote In the week In which they occur.
No account is taken of sued
»•
Indicate In each
case
.
mdeos they are the only transactions of
in computing the range for the year*
the months when the bonds mature.-
Figures after decimal point represent
one «r mere
Mi ef
point.
a
LOW AND HIGH
Bangs for Previous
GOVERNMENT BONDB
Tear 1917
,
Lowest
NEW YORK
Bange since Jan. 1
Lowest
Highest
Highest
.
104.29
SCp
106.6
Feb
100.4
Dee
108.21
Feb
105.28 Mar 10
108.28 Mario
111.23 Sep
106.13 July
112.6
Feb
107.20 Mar 10
108.28 May
106.13 July
Treasury
Treasury
Treasury
Treasury
100.16
108.16 Deo
Treasury 2%s—
114.6
Dec
114.8
May
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
103222 Feb
191.11 Jan
104.24 July
104.24 July
17
May
104.12 Feb
104.12 Feb
T
191.11 Jan r T
Sep
104.23
Feb
101.19 Jun 14
101.19 Jun
14
101.27 Deo
104.18
Apr
109224 Mar 13
1002U» Jan
1
101.26 Deo
104.4
Jan
104.14
100.23 Jan 28
100.26 Apr
2
104.15
Apr
103.20 Apr
101.7
May 19
101.12 Jun
1
100.8
Mar 12
109.17 Jun
105.17 Jun
Deo
103.19 Apr
102.26 May 25
100.8 Jan
6
101.24
Dec
101
100.7
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
104.10 May
Deo
101.24 Dec
100.27 May
21
102.26 May 25,
100.23 Jun
lo
101.7
Deo
105.18 Sep
102.6
Sep
102.24 May
100
Mar
100.4
May
Deo
102.24 May
100
Mar
100.2
Feb
100
;
11
102.12
102.6
101.12 Deo
Apr
101.10 Apr
1
101.13 Mar 22
*103.9
;
102.23 Apr
July
101.20 Deo
102.25
103.1
Apr
101.23 Deo
103.2
Jan
101.28 July
103.4
July
100.30 Apr
101.2
101.8
101.26 May
18
Jan
100.26 Oct
101.14 Apr 16
Apr
102.30 Apr
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Apr
'
101.15 May 11
101.15 May 11
-
100.16 Apr 14
.
Dee
09
Deo
94.10 Jan
July
July
102
103.4
94.14 Jan 15
BONDS
ti
New Terk
98.30 May 17
99.30 May 17
Period
'
;>
Registered;
••
♦103.8
103.10
•103.8
106.3
*105.31
*109
109.4
*104.28
104.30
*109.22
109.26
♦104.30
105
*109.22 109.26
.2%s————1958-1963
2%S5—1060-1965
•110.8
110.12
*1108
110.12
•110.8
110.12
*110.8
*110.18
110.22
♦110.18
110.22
*110.20
110.24
*110.20 110.24
*110.16 110.20
2V*s
*100.13
100.15
*100.13
100.15
•100.13
100.15
•100.12
100.14
*100.12
100.14
2 %s—-———-1949-1953
•102.9
102.11
*102.9
102.11
•102.9
102.11
*102.8
102.10
*102.8
102.10
2 %»
•103.10 103.12
*103.9
103.11
*103.9
103.11
*103.9
103.11
*103.8
•103.20
103.23
*103.21
103.23
•103.22
103.24
*103.22
103.24
*103.21
103.23
*104.15
104.17*""
*104.13 104.17
*104.17 104.19
*104.17 104.19
*104.15
104.17
•102.3
102.5
•102.4'
♦102.4
102.6
•101.21
101.23
1048
—1950-1952
2Yas———1952-1954
2%«———1956-1958
2y«S-^—i—1962-1967
214s——-—1963-1968
2Va»
-Jun 1964-1969
*109.2
'
102.6
•101.20 101.22
101.1$ 101.19
-
*101.8
101.10
*101,6
101.8
*101.6
101.8
*101.4
101.6
101.6
*101.4
101.6
*101.2
101.4
•100.22
100.24
*100.22 100.24
*100.20
100.22
*102.24
102.26
*102.24 102.26
*102.21
102.23
100.24
*100.22
100.24
100.23
100.23
104
•101.8
101.7
*101.6
♦101.3
101.5
♦101.4
*100.21
100.23
•102.21 102.23
100.23
•100.22
101.4
2%,«——,-———11956-1959
'
•100.30 100:22
*102.19 102.21"
100.22
•100.21
*104
104.2
*104
104.2
*10330
104
*103.30
*103.29
102.24
♦102.23
102.25
*102.24
102.26
*102.24 102.26
♦102.23
102.25
*105.16
105.20
♦105.16 105.20
*105.16
105.20
*105.16
105.20
*105,16
105.20
*102.30
103.1
•102.30
•102.31
103.1
*102.31
103.1.
*102.28
102.30
*100.12
100.14
♦100.13
100.15
*100.11
*
1959-1962
*100.10 100.12
1959-1962
*100.10
1948-1950
•100.27
103
'
*100.11 100.13
•100.12
100.14
*100.13
100.15
*100.11
100.13
•100.18
100.20
•100.18
100.20
*100.18
100.20
*100.26
100.28
*100.26
100.28
*100.26
1 en 28
*100.11
100.29
•10i
•100.31
101.1
*100.31
101.1
*100.31
101.1
101.6
*101.4
101.6
*101.4:
101.6
*lUi.4
Aui.d
101.9
♦101.7... 101-9
•101.7
101.9
*101.7
101.9
♦101.7
101.9
101.16
*101.14 101.16
*101.14
101,16
*101.14 101.16
*101.25
—1951-1053
101.1
*101.4
•101.14
1950-1952
iS«—. —Sep 1950-1952
*100.31
101.7
*101.7
r
101.2
*101.5
1949-1951
1949-1951
101.27.
•101.36 101.28
•101.26
101.28
.
,
*101.26
♦101.14 101.16
*101.28
101.30
*101.28 101.30
*101.27 101.29
1952-1954
*101.27
101.29
*101.28 101.30
•101.28
101.30
*101.28 101.30
•101.27
101.29
-Dec
1952-1954
*101.28
101.30
•101.29. 101.31
•101.29
101.31
*104
104.4
•103.30 104.2
•103.30
101.31
104.2
*101.29
1953-1956
♦100
*100
——1951-1055
2s—.
2s——
1948
'
——'
•100
1050
•
*100.14
.
,
*100.14 looae
100.16
•100.15 100.17
*101.28
101.30
*103.30 104.2
*103.28
104.4
*100.15 100.17
*100.14 100.16
'
■
•98.2
98.12
99.16
99.8
98.16
,
98.8
98.8
*98.2
98.12
99.8
98.16
*99.4
99.6
99.7
*99.4
99.16
~
■
Bends
„
.
Range Since
;
Bold-'-
No. \
■v
V
BONDS
}"-77'
'
January 1
100%
10311
107
53
58
20——
•53
3%s Series
<4i«v
3%s Series
NY 1-1693
*58%
Foreign Govt. & Municipal
,
Agricultural Mtge Bank (Colombia)—
i AGtd sink fund 6s—;
AGtd
Akershus
F-A
6s_———1948
fund
sink
I;
1947
A-O
(King of Norway)' 4s——1968
(Dept) coll 7s A_——1945
s f 7s series B—
1945
IA External s f 7s series C—1945:
f A External s f 7s scries D——1945
SAAntioquia
:
.
IA External
AExternal
f
s
A External sec
AExternal
MS
J-J
*61
<•
35%
35%
*35 Va
J.J
36%
36%
A-O
36
f 7s 3rd series—1957
A-O
Antwerp (City) external 5s—
1958
(Commonw'lth) 5s of '25-1955
3-D
F-A
3-D
J-D
87%
20-year 3 Vis
J-D
87'/a.
sec
s
1968
15-year 3%s —————..1962
Belgium external 6 V2S—-—.——1949
.External b f 6s_—
.——1955
87
J-D
112
external 8s—1941
J-D
Stamped pursuant to Plan A
(Int reduced to 3.5%)——1978
AExternal s f 6 Vis of 1926—1957
lABrazll
(U S of)
94%
..3
87%
.1
87
111 '/a 112
55
43 Vi
44
54
55%
(Int reduced to 3.375 %) —1979
s
f 6Vis of 1927
41
42
A-O
1957
Stamped pursuant to Plan A
(Int reduced to 3.375%)A 7s (Central Ry)—
Stamped pursuant to Plan A
(Int reduced to 3.5%)
A-O
A-O
41%
1952
7
AGuaranteed sink fund 6s
•T"
a*
i
18
49%
A6s assented
-
Series No,
1.
AQuaranteed sink fund 6s——1962
A6s assented—
7-——1962
AChttean Cons Munic 7S———1960
/
A7«
assented-4——----.-—I960
ACbinese
507 4 62%":v
37%
41%
37%
No.
58. ,7.
.
49%
»'•
J-D
40
103% 105
104% 104%
27
103%
(Hukuang
Ry)
5s—
,1951
; -itjivj
55v>7f tfi.
58
'
58
20 *'
-J' :
■
37%
"*55
39%
39%
*27%
19
22%
26%
27
27
18%
26%
27
27
26%
15
26%
1
19 y»
12
18%
35
7
IS %
27
27
26%
26%
*27
•26%
27
19'
27
26%
>27 Yz
27
l.i;
26%
27
34
-t
u
26%
;'
3. *?•
.,11
48%
y
61
48%
61.7
51
58% '
fy' .''
..VI"^T(
V,
23%
18»/a ;
27
20
23%
18
^26%
26%
20
20% '26
26%
18%
A-O
26 y*
27
15
18
27
Af-N
27 V*
27 y*
2
19
27%
Jf-N
26
26%
18
18
MS
26%
27
MS
•25%
27
J-D
*27
J
26
J-D
19%
*27
A-O
*
J-D
*5
6
18
17%
7%
SECURITIES
48
60%
■t"
FIRM TRADING MARKETS
.: *
*!*
■
r.ABI MARKS & no. INC
61
w
'
3%s
Series
No.
J-D
—.
-
'
53%
3%s
Series
NO.
3%s
Series
No:
3%s
Series
No.
8
3%s
Series
No.
9—
3%s
Series
No.
10—
3%s
3%s
Series
No.
1L.
Series
No.
12
3%s
Series
No.
13
J-D
*53
J-D
55
J-D
For footnotes see page 31.
—.
•53
.
55
,
l
'
9
52
57%
-.62%
54
54
55
55
J-D
*53
57
49%
60
J-D
58
53
48
58%
68%
59
.
'I«
7
>■ V
1
35
53
7
'
50 Broad
64%
54"
J-D
J-D
FOREIGN SECURITIES SPECIAIISTS
.
63
57.
*55^
J-D
-
53 Vi
65
55.
,65
7 \
27
21%
„•
-
^
'.
22%
,
19%
■A
16
•
26
27
22%
*27%
*27
27
23%
18%
26
27
J-D
26%
18%
20%
27
29
J-D '
26%
-27
20%
27%
•27
Jlf-N'
27
19%
♦27%
;
.•('})Financ
■
49%
•49«7*.K61
105
•38
;,."U
uUfH:
J-D
No.
53jvi;*
55,;.}
—p")
J-D
Series No.
104% 104%
REIGN
41 %3«,;
■kiHV
Series
3 %a Series
104%
49%
"WW*w~m',
40%
:
J-D
3%s
A-O
J-J
J-J
M-N
M-1Y
A-O
50 ye- -62%
.-zt.ar'f
A-O
3%s
101%
AT-N
—1961
7————1961
8%
3%s
102
99
A-O
Mortgage Bank 6yas7_7—-1957
J-D
funding bonds of 1931 due—1951
Stamped pursuant to Plan A
(Int reduced to 3 375%)
1979
External $ bonds of 1944 (Plan B)—
94
2
A-O
^
62-
37%
J-D
1978
50%;
.54%
1979
1
100% 100%
MS
A6%8 assented
77-1957
?• ASlnking fund 6%s_—7——1961
A8%s assented——.——1961
<92 7'7V
101%
84%
12
100% 100'4
-
12
A-O
AChlle
89%
'•
59
100% loo1/*
M-S
A6s assented —————1963
58
60
100 y*
J-J
J-J
AExternal sinking fund 6S4——1963
7
91%
99% 104%
2
J-D
85%
!
93--
106% 109 107% 114%
12
55
i
83%
57
Stamped pursuant to Plan A
AExternal
85
7
7
.
•
7
-58,''.,".'
F-A
—
92%
;
87%
.
..u
7, ,7-4;
"
7:
¥
.87%
3
101 Va 102
-108'/a 108%
99
.
vti
;
33
.
r
73
,
r*;-' 13
: r)-- 5 '
91%
38%
60
60
54%
48
12
58^:
■■
A-O
ABy external sj 6s———Jan 1961
Aos assented——;-7——Jan 1961
AExtl sinking fund 6s_——Sep 1961
a6s assented
—Sep 1961
AExternal sinking fund 6s-_——1962
"
A6s assented
——7—1962
60%
100%
'■ /.F-A
,
31%-40%
-"7.31%
40%
10
si
87
1955
7s——.———
36
87%
40%
31%
;V
36..;;v.
t,87
108 Vi
f
:
40
■
Jf-S
F-A
J-D'
——1960
—
40
31%
94 Vi
101%
31%
*'
1
48
55
1
30—ii-——7—
6s—-1960
61
50
58
60%
52%
,
ASxtl sinking fund 6s
Feb 1961
A6s assented ———Feb 1961
40%
47%
•t
Series No.
6°
,
58
.
58 ^
28—_
AExternal sinking fund
A6s assented
92%
.
31
.u.
•91%
F-A
.
36%
48
-65'
65%
31%
7
:
35 Vi
100%
MS
s
v5,
,
100% 101%
90% '91 "
.94%
J-J
J-J
External
40
*35 y.
10-year 3 Vis —1956
10-year 3%s
1957
20-year SVis
-^_1967-
A
40
J-J
A'O
Australia
36
Vi
9
64 7
r
80
72 Vi
*35
f 7s 2d series—1957
7
*71
72 Vi
J -J
7s> 1st series____i_l957
s
60%
•61
•...
58
58
60
60
54%
17
59%
57%
*53
J
51%
10
,
60
•
,
51%
"l
55
53
53
—-
-.44
;
52
56ya :
57%" 57%
Brisbane (City) s f" 5s——1957
Sinking fund gold 5S
—.——1958 7
Sinking fund gold 6s——.*——1950
Canada (Dominion of) 4s——I960
25-year 3'As——
1961
A Carlsbad (City) 88—-—^-——1954
i
lACfaile (Rep) External s f 787—1942 ;
f A7s assented —————1942 v;
■
3"
56ya
No#
3%s
80%
'
24—7-
No.
80
60
47%:
60
53
—
120 Broad!way. New York
"2
58
No.
No.
60%
62
51%
•
A
r
53
19--^-^
Series
High
*53
18——
No.
3%s Series'1 No, 25
3%4fc, Seriesi Ne^ J26—>.7—^^
3%s Series No. 27——
Tolmtypm
~4
58
58
No.
3%s
"
Let*
No.
51%
58
.
Member* New York Stock Exchange
Baage Slaee
Jaaaury 1
field
High
58
3%S Series-No"," 15—u
3%s Series No. 16-t_—^
3%s Series No. 17—
107
Beads
•53
14_^
3%s Series No, 23—————*7«
*v
35,000
20,000
99
99
Weeh'e Baage'
Friday
ev Friday's "
>Lnrt'
BaleFrtee Eld * Asked '
Higli
low
'
'"Farted
Let*
3%« Series No.
30
Iihral
.
New Yerk Stock Exchange
3%s Series No." 21__—
3%» Series No. 22——-.———
REctor 2-2300
98.12
*98.2
Registered bond traniMttorf.
r
r •#.
Nigh
*101.27
;* 101.26 101,28
3%s Series
3%s Series
n;.
101.27
*101.25
101.28
101:29
—Jun
2s—,
2s
2,000
100.13
100.13
*100.18. 100,20
*10026 100,28
100.12
*100.18 100.20"
,
1949-1951
2,000
103.31
•102.22
•100.20
-
C-
WERTHEIM&Co;
102.5
101.8
101.9
♦101.5
101.6
101.23
>
101.10
•101.7
101.8
*101.21
,♦102.3
101.10
*101.10 101.12
*101.2
102.7
103,10
101.21
101.11
*101.4
*102.5
110.08
*101.8
•101.9
•101.6
'*110.4'
*101.19
10110'
—Dec 1964-1969
110.12
*101.10 101.12
♦101.8
-
2s
»1&9
109.6
•104.30.105
'
2 Vis————1965-1970
—1966-1071
2Vis——
2 Vis- —Jun 1967-1972
2 Vis- .—-Sep 1987*1072
Dec 1967-1072
^Vis——1951-1953
2 Vis
2V«s— ——1952-1955
—1054-1956
2 Vis—
2 Va«-^
"
3%S Series
fyTelephone
<BT
106.1
109.4
r
•
103.10
103.11
*106.1
10$
-v*
_———'
Rlgh>-
109.26
.Transit 'Unification -Issue—' J..'/-,-:,k;\
105
104% 105 Vi
Z% Corporate Stock
—1980
; J-D
»
Balsa fat
theWect
=
'.Lew
*104.30
CLOSED
Reconstruction Jr Development
10-year 2 Vis—
—1957
25-year 3s—
—-——1972
Low
New York City
f
"
High
•109.22
Bid A Asked
r.-:-."
Friday
June 18'
'
June 17
Lew :
109.28
a Odd lot transaction,
Bale Price
Thursday
High
*103.9
103.11
106.3
Lew
.
*109.24
1956-1950
-
FridayWeek's Bant#
Last
or Friday's
tr; v* Interest
Stock Exchange
•103.9
*106.1
103.11
_J
*106.1 106.3
STOCK
*109.2
109.6,
EXCHANGE *104.30 105.1
,
—
No sales transacted this day.
•Bid and asked price.
>
13
High
'
10928
2%*——,
International Bank for
09
Low
'
*109.24
2%s
l%s.
Treasury 1 Vis-—
100.16 Apr 14
June 16
tl06<T- 106.3
*109 1
109.4
,
102.4
Wsdnsaday
June 15
J
——1951-1955
1955-1960
:——1951-1954
—
May
) High
.,—--1949-1952
3%S
3s——.
Treasury 2Vis
—Jun
Treasury 2ViS———Dec
Treasury 2s,i——Dec
Treasury 2s
Jun
Treasury 2s_
——Sep
Treasury 2s
:-Dec
Treasury 2s—,—Mar
3
,
FBICE8
Taesday
Monday
June 14
Low * High
*
Jnmli
Low
._
102.12 Apr
Batarday
1
STOCK
EXCHANGE
.
27
New York Stock
cc»
The ffolic letters In the column bonded-^Interest Period"
(2707)
St., New York 4, N. Y.
Telephone BAnover 2-00S0
Teletype NT 1-M1
26 Va
26%
27
125%
THE
(2708)
COMMERCIAL
NEW
YORK
RANGE
Friday
Last
Period
Exchange
Stock
Sale Prlee
or
A65 Of
A 6s of
-Oct 1961
f $ bonds
s
(City)
72
1953
M-N
1951
M-N
1949
'••
M-a
4Vis external debt
1977
j-d :
Sinking fund 5%s_.
1953
Czechoslovakia (Rep of) 8s ser A.1951
ASinking fund 8s series B
1952
-
Stamped assented
6%) extended to
lADenmark 20-year extl 6s
67%
3s extl s f t
'/ "
__
114% 114%
*110%
—
60
•68%
~
53
1%
18
59
54%
•67%:,-
J-J
♦47
J-J
42
•5
M-N
•8
F-A
A-O
M-ir
1977
6%
17%
M-B
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25%
J-J
16% '
16%
J-J
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J-D
27%
27%
29
A-O
1954
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1942, agree.1968
1899
£.,1945
M-N
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I AAssenting 4s of 1910
1945
Ass'td to Nov. 5, 1942, agree_1963
lATreasury 6s of 1913 assent
1933
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Geraes
6Vis
1958
sink
sink fund
»
f
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fund
extl
2008
m-a
1959
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2008
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32
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79
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1965
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14
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1955
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f 5s_,
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and
31
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73
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1967
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1946
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1946
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1968
of
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1966
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2004
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2004
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1952
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s
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26
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A-O
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34
assented
Sydney County Council 3 Vis
For footnotes see page 31.
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1966
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1987
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74
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12
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1958
10
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1958
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1957
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7
51
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Calif Oregon Power -31/»s___L.___x_1974
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286
70
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2004
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26
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1936
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33
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25
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96
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1961
32
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v
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41
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112
due Dec 1 1995
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109
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59
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1
1963
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to
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257
52
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308
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58
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,__1957
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1956
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1948
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1948
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32
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75
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1962
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28
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1957
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7
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26
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4
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Atlanta & Charlotte Air Line
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5
37
11
5
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7
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15
104
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1936
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92
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18
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83
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34
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85
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1956
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—
1
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Amer Tobacco Co
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100
ft
—
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s
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1954
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1
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19
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13
7
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.
28
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1951
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1943
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22
1
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78
19
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.
1967
12
26
1
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1977
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3%s
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78
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74
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104
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19
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73
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53
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68
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57
76%
*—
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1972
& Susquehanna RR 4%s__1975
33
f
9
57
j-j
IA Assenting 5s of 1899
1945
Ass'td to Nov. 5, 1942, agree_1963
ASec external
58
"2-101
102% 102%
75%
<<':
■■x
J-D
7s,__,_,1958
Southern
2%s
AAssenting 4s of 1904
External
2
76%
M-N
A-O
2%s
:i
>
M-N
1952
Electric Co 7s..,
Great
20
1960
to 3%
121
7s_——
Alabama
44%
42
J-J
1960
assented
(City of)
t;
..
49%
M-A
1947
118
121
assented
Adriatic
Amer
J-J
1967
_1977
117
*110
1937)-—
conv„,_„
external
High
M-N
6s—,
1958
(City)
Low
*110
•120
readjustment
-.-1979
conversion™—.—,1979
Provinces
NO.
RAILROAD AND INDUSTRIAL COMPANIES
A
82
f l-3s
(8
Alabama
90
50
1952
extl
External
A4 '/as
95
71%
1949
s
of
.A Warsaw
70
68
77%
1968
Ass'td to Nov 5,
Mlnas
35
34
74%
7s
Irrigation—
AMIlan
55
Utility—
(U8)
■
110
87%
Range Slnee
January 1
Sold
110 %
A-O
86%
Bonds
High
1960
6s
bond
American
(Kingdom of) 7s
AJugloslavla (State Mtge Bk)
Medellin (Colombia) 6 Vis
lAMexico
108%
Friday's
F-A
118
68%
f 5s
extl
fund
A Venetian
112
27
__
•52%
or
Bid & Asked
M-N
8s.—1946
110 %
86%
Sale Price
1978
4-4%-4 Vis extl readjustment____1978
3 Vis extl readJustment_-_™_X_Jl934
101%
77%
Altaly
fAiVis
h
10231
71%
Credit Consortium for
Public Works 1% to 3%
f A7s series B
Mexican
18
100
101%
1964
Credit Institute
A External 7s
79
13%
?-i
(City) ext 6 Vis
Public
53%
5t
102%
Italian
Italian
13
A-O
A7s part paid
A6s part paid
(Republic)
sink
External
69
J- J
Jan 1,1976
s
fund
3%-4%-4^;S extl
*102% 102%
A-O
Jan 1,1976
Jan 1,1976
f $
sink
.
82
*100
—
Last
Period
,
.,1964
(Republic): extl
3%-4-4Vis
of)—
AEstonia (Republic of)
French Republic extl 7s
Greek Government—
Italian
68%
15%
15%
Exchange
AExternal
44
58
8
1962
Irish Free State extl
IA Uruguay
44
42%
67%
Stock
AExternal
•68%
1942
4s extl a I $
Helslngfors
J.J
42
75
.>.1955
(Republic
s
45
41%
A-O
1960
External gold 5Vis
External gold 4 Vis
3Vis extl
75
41%
York
Low
(int reduced
to
Salvador
70
38
—
*38
—
F-A
El
3
•38
J-D
♦41 vi
Week's Range
Interest
BONDS
New
73 %
76
49%
F- A
Rica
«•
High
No.
72
1952
5s
18
'
.
M-N
1949
-
Low
70
40
A-Q
External loan 4Vis—*
A
Ranre Sine#
January 1
Sold
75
72
A-O
gold 4 Vis
(Rep of) 7s
(Republic of) 5s of 1914
Cuba
J- J
,,1970
25-year
A Costa
Bonds
High
•70
—1947
1946
1947
Bank 6%s
lASinking fund 7s of 1926
JASinking fund 7s of 1927
Copenhagen
A-0
Jan 1961
1927
f A Colombia Mtge
RECORD
WEEK ENDED JUNE
of)—
(Republic
1928
38 external
BOND
Monday, June 21, 1948
Friday
Friday's
Bid & Asked
Low
Colombia
FOR
FINANCIAL CHRONICLE
Week's Range
Interest
BONDS
York.
New
&
19
7
^
i
13%
•%
6%
1
5
9%
86%
86%
1
85
90%
i
&
registered^
New
York
ref series
(4'A 7*
to Aug
.'—
Power
3s
A
1
.1
-
"
32V2
—
mtge 3%s ser B
lACentral RR & Banking
50
4
-
1949) J
1st
67
1974
-1'
F-A
1968
F-A
Cor
"
5s stamp
(partial redemption)..1942 ;
Champion Paper & Fibre deb 3s
1965
...
M-N
J-J
—
,
•
.
*102
96%
104% 104%
101%
102
104%
''
—
—
*36
100
38%
100
291/2
96
39%
100
*
Volume
♦nw.-fwrtnv
>ww,tif M> *MH«
Number 4709
167
COMMERCIAL & FINANCIAL CHRONICLE
THE
(2709)
NEW
YORK
BONDS
New
York
Stock
Interest
Exchange
Last
Period
,
Week's
or
Sale Price
Friday
Friday's •;
Low
Bonds
Range Sines
Sold
*
High
No.
..Low
& Ohio Ry—
gold 4'/2S__
M-S
6
102 '4 103 Va
85
l06% 104%
103'A 104
73
101%
J.J
■1958
*117 % 118
J-J
1st & ref
Z,
1st
'
&
4l/as series B.
ref
mtge
.1977
3VaSi,
&
AGen
1st
Eastern
mtge Inc
mtge 3%s
F-A
F-A
98
;
98
_1«97
/,
5s
conv
ser
J-J
47 %
47
-1985
*100
Af-N
i.__1982
M-N
Chicago Gt West 1st 4s series A—^1988
mtge 4s inc
87%
Chic
Milw
St
Paul
&
Pac
1st mtge 4s ser A
Gen mtge 4',6s inc
4%s
inc
conv
J. J
65
53 %
J.J
2nd
mtge
1st
mtge
3s
B___l__
ser
'
:
Chicago Rock Island
Chicago
v
>
& Elec
■/' Cincinnati
J
Chic
General
gold
/
.
'
.
,
;
General
Cin
St
23/4s
:.
1st
Series
'//
Cleve
.*
Short
Cleveland
Line
96,
74
100
80%
74-%
;
gtd
13
i
•
E:r
;■
l
lst
Southern
3 Vis
92
101
101%
101%
101
95
15
*187%/
-,;'54%
HJV 1st extl gold 4s__xyib
&
Sou
Ohio
El
Colnmonwealth Edison
1st mtge
38
106
f
.
Consolidated
>.22
102
ref 4,'As
Cigar
S!
98%
.1951
102%
__
•104'/a
105%
<
.
A-O
10
97
mtge 2%s ser B_--_
,:lst & -ref mtge 2%s ker C
1st & ref 3s series D---
.1977
A-O
/
;
&
ref
.1972
J-D
Consumers Power
1st nftge
Continental Baking
Steel
S A Cuba
Northern
Deposit
A
RR
27/aS_
mtge 3%s
Ry 1st S'As—
.1975
t
M-N
J-J
"5946
i»;
36%
J-D
Dkjton Fk & Lt 1st mttTe E%s_—_
1975
97
1978
J*D
1965
Delaware & Hudson 4s extended_i_ 1963
Delaware, Lack dc. West RR Co—
N Y Lack & Western div
,
1st '& ref M 5s
A Income
C—
ser
due
mtge
Coll
Tr
.jDelaware
1st
A-O
Af-N
;
,
94
■
..
>■
14
35,.
■j
42%
«4 ■/;:
80%
32'% 3 36%
O;
^
33%
1973
Detroit Edison 3 %s series
:
197.7
,
'
37
V
"
101
v
; 96 /
6
-yu'>
103
it
Z.
>
1st
lien
96
87.
87
*61%
"
62
it.
Af-N
; A-O
/
J-D
89 *
2
,
3
65 ^ ■64% 65% ',-^^
;io3;: ; /103
103 -
31
' -,
96%
80%
*54 • /
:
; ■/'
2
.
:;///'
105' hiy
'-'VV
j-j
/
,-v-
r^V/./yf
>
■/Apr >/»/•,', 66 •).:•
■./
■
M-S
J-D
gold 4s___1995
4s_______Ir
:
S
54%*'^5%
' 101
103
'!■
-65%'66% ;
;
81%
;
// 106
81% : 82%
1995
!
...17 3
f
J-D
108% 108% V
103'/a
103% 103%
;
,
97%
;■
73%
f 5s
series
A
65%
106% 106%
1961
J-J
98%
debs^
J-J
Duquesne
F-A
Light-Co 2%s
*
.
=
1977
/ East Tenh Va & Ga Div 1st 5si.
-1956
; ' 66 % —82%
13
48>/2
108
'
6
1
/
110%
102%
18
94%
96%
127
5
119 »/4
127 %
97
97
10
94%
93%
96
35
*104%
105
J-D
94%
M-N
_1995
>
Af-S
& S'western 1st 5s
-1965
page
31.
A-O
.1965
5s stamped
see
98
96
88
104 V4
F-A
64%
64
A-O
25%
24% ' 25%
65
105%
39
J-J
98%
J-J
.
57%
68
328
U7%
27
98%
25
•101
A-O
Af-S
102
100
103%
_
*iooy» 101%
_1951
i_1952
98
3
99
103% 103%
J
J-J
1.4uuu
lines
Collateral
•■:
1951
4s__i.__
102%
•__
100% 102
77
A-O
103 :
103
103%
6
-1955
M-N
104%
104% 105%
75
98
105 %
1952
J-J
101% 101%
5
98%
101%
•102% 102%
9
95
102%
3y2S_'
trust gold
4s
L1953
M-N
102%
M-N
1955
4%s_____
107
107 %
107
1966
F-A
87%
89
^____1950
J-D
•104 V*
—
J-J
J-J
9
/
F-A
;
127
89%
77
104y4
104'/e
/„•
100
97;
99% 101%
95 y4
99%
•99%
__
100
97
100
97
99%
J-J
108 y2
102%
*101% 102%
89
103%
99%
*100
101%
J-J
•100
J-J
*100%
F-A
♦102% 105
102
F-A
*100%
101
and
—
102%
101
Chic St L & N O—
1st ref- 5s series A__
•
■
_-_1963/
J-D
98%
___1963
J-D
92%
i--_1963
ser
D;__i-
TA 1st 6s series A
'
nA
J-D
J-J
100
101
J-D
*85%
J-J
Adjustment 6s series A__iJuly 1952
A-O
J-J
62:
J-J
t
series
B
IMt RyA Cent Anier 1st 5s
.v.^.1972
93%
77
88 »/4
11
■
95
101
T
100
102
85%
65%
134
; ' 43%
1,257
85%
52%
90
''
38
38*%
___1956
5s
100%
64
64%
65%
20
43%
62 y2
65
48%
62%
62%
74
50
63;
60%
"62
35
62%
"
A-O
•
62
M-N
t
88%
8iy4
10
100%
301
»/„ /A 1st gold 5s series Ci___t._L^i^_l956
8 AInternat Hydro-Elec deb 6s___^_1944
A 1st
87%
.87%
:
74
84
98% 100
92
93
j-j
___1952
Barnes Frankl
& Clear 1st
Ss-l—-.1959
*98
J-D
Jersey Central Pow & Lt 27/efi_.i-__1976
'4kil990
60
63%
101
101%
102
J-D
78%
80
40
75%
83
98.,:
A-O
& Light 2%s__1976
79
Jf-fl
gold
Kansas City Power
Kansas
City Southern Ry 1st 3s
1950
T Tst rhtge 4s'Ser A_
1J_;
_Ll975
Kansas City Tetminal Ry 2%s__L_1974
Kentucky Central gold 4siv__i.-__i_1987
Kehtucky & Iftdiana Terih 4%Si_il9frl
Stamped
1961
J; f '■%
98
2
95%
98%
.84%;:
-3
81
84%
98% V'
15
/• 96%
':'5
,
_/__J__:_i_i_196l
tAKreuger & Toll 5s ctfs
1959
A-O
111% 112%
105
...
:105
38
25
,.,98%
106'/a 106%
104% 104%
,y,',.-'':.7
-i!
1
/
96%
104 Va
97 J/4
100 Va
110%
__
114%
*45
50
44
98
4.*
J-J
98
9798%
?
*112% 113 /'
/-J
.-*98
J-J
97%
*175"
102 %
102 %
1
1
;;
50
112% 112 y.
__
A-O
A-O
M-B
103
100
*114
98
100%
102%
39
->98
J-J
947/s
/98%
5
103% 104%
:
A-O
V
169
__
v
98
176
6a
99
% 103 Va
5
1
1%
114
102
109%
-
■
1
'.'i
: -
]L
98%*
•:
unguaranteed
Kings County El L & P- 6s__jl;_i__1997
Koppers. Co 1st mtge 3s__i_=__)i._i._il964
'
'-I
A-O
'
102% 102%
,
4
J-J
65%
106%
48%
11961
f*
•".»
•95
♦100%
.
A-O
75
58'/a
96
v
4'/2S
J;
98 %
68%
,
1
J-J
_7970
For footnotes
,
-
104 >/♦
96/Z
•
Z
100% 100%
M-N
gold 5s_.
Paso
97
127
3%S-,_i.wI_-._;_195l
Y
48»/2
100%
^ebs__1963
Af-S
1
■■■ 109
J-D
•C-.
'•
______-ii.-_-/L-i_1997
J-D
Laclede Gas Lfght 4%s conv
Lake Sh & Mich Sou gold 3'/as-—1997
>3'/as
registered
Lhutaro Nitrate Co Ltd—
/
A
1st mtge ihcome
tv.%,
110
112%
156% 156%
,,
102
101%
100
.
105
106%
105%.
I
i.1975
1970
•
—
98%
88%
98
,
95
82%
90
i
83%
92
90
95%
.
Dec
88
A-O
94
5
■■V"'
9'5%
40
,
F-A
F-A
F-A
"
100
*
100
-
100
95
-
100
84
95
93
93
1
82%
94
66%
66%
7
60
68
73%
73%
T6
67
75
*93%
t;
>
F-A
J-J-
,
*95%
v
/
Lehigh Valley "Coal Co— 1
■
»,
•,,
5s stamped _*
wi;_——,4-1954
-5s stamped
:—.J-V—-1964
5s stamped
—-_l_1974
Lehigh Val Harbor Terip gtd 5s__-_1954
Lehigh Valley Ry Co NY 4%s ext.1950
,
108% 109%
♦90
,*
reg___^^
,
Elgin Joliet & East Ry 3'/4sj__.
El
'•96
•
;
Lehigh Coal & Navigation Co—
8 F mtge 3%s ser Al
cons
96 Va
102%
J-J
1962
4s/__
Plain
6
f
:i
75
65%
Dow
tfADul So Shore & Atl gold 5s____1937
98 %
r
M-N
84»%
1st
93%
87
r!47
91%
M-S
<NY)
1
765
*■
91
1976
Ed El 111
66%
97%
J-J
Imp 2'/2S ser C„____^
,-1986
/ ^International 'Great Northern RR—
.'
:.
J-J
J-D
Tunnel 4%s__2r_r_l961 *
2.35s
99'%'
86%
2
99%
102
44
"
Det Tol & Ironton RR 2%s ser B
Chemical
92%
262
103'/a
100
^401% v'N; ;; 21
95
62
M-S
1966
ref 3s series H_______—1970
Gen & ref 2%s series l
1982
&
79
12
66%
% 103%
103%
:
*
Gen &
gold
68%
99%
•—
Af-S
/Z/'. Ref &
37%
34%
4''
15
.
55%
37%
l:/j.
ASecond
:
A-O
Illinois Terminal Ry 4s ser A--—--1970
"Indiana 111 & Iowa 1st gold 4s__„1950
Indianapolis Union Ry Co—
•
'
t
52%
iMW
mtge ser A
Detroit Term
V
—
■
2042 2
3s__—
Light
1%
Detroit & Mack
79
99 Va
97 V4
65
1st ref- mtge 48
\
100%
.
..
97%
101%
64%
99%
Apr
Af-N
93
13
,
r
•
101%
79
A-O
1st & ref 4 Vis- series C____-
;
ioi%;
'? 88
20
:/4/
97% ' 98% '
95%
Af-N
^May 1
&
101
'
*
(3% fixed ////////y
contingent Vint)—.^—=.1993
•I A Income mtge ser A (4lAr%
8 '!/
..'/
contingent int) '2—
-_2018
Denver & Salt Lake—/ :
*/;*//
Income mtge (3% 'fixed
1
1% contingent int)__
.4993=,
/
s
trhst gold
Joint
109
98
,
.35%
_
101
/•; V
101%
.
1st mtge & coll tr 3%s
Denver & Rio Grande West RR—
(
i
v
'»:
93%
Div 1st gold 3%s
1951
Western Linbs 1st gold 4s__ii.™1951
.»/
96%
106
<
i v.:
*102"Y
Af-N
1993
4-6s__
Power
'
•
'
66%
20
=
1973 /
-
Morris *de Essex1 division
1st
.
Ill Cent
.V.Y-
J-J
^ 1965
63
56%
—
J-J
.
Omaha Div 1st gold 3s_____;
1951
St Louis Div & Term
gold 3s_.
.1951
Gold
3%Si
_____^_1951
ioo
:
V 96
84
35%
A-O
1st mortgage 3s--——
Dayton Union Ry 3'As ser -B
Deere & Co 2%s debs
63
10
/
•101%,103%'
62
56%
40
34%
/
•; 92%
697
'.36.36%
35
99
D
"
July 2015
Springfield
/
98
95
27
;
.95%
84
J-D
.1946
deposit rets.
deposit rcts__
15
__
*54%
39%
J-D
J-J
9%
,
J-J
Litchfield Div 1st gold 3s_____^_195l
Louisville DiV & Term gold 3%s_1953
;■
108'/a
;
-
95/;/
/,,: / 11
; 2
i4
99%
*93
J-D
A
B
96%
100% 101%
.1942
receipts
81 y2
95%
72
•64
■
*102%
92%
74
91%
v/Registered v
105
1
.V
&8%T
•100%
.1966
-5952
<
,
1975
_
Cairo Bridge gold 4s
^ 101% 104%
7
98
.,
109
J-J
81%
A-O
1978
107%
107
105%
12
•
103
103%
107% 109
/
<*
M-S
.1965
debs
1st 5s gold.
ser
ser
3s
receipts
Deposit
A7%s
A6s
1st
/
,
Refunding 5s
.
*97 \
95%
'99%
| 99%
M-N
.1963
Crucible
A
.
.
98
*
J-D
.1972
3s conv debs.:
A Cuba
102
107 hi
105 Ye 105%
98
Jf-S
1st
1
5s ser iL.
99
Feb
1959"
mortgage 3s
40-year
/
■■
•
vI02%103%;
J-J
•f-a
.1965
ser
•
series B
inc
/
99
Feb
RR—
102%
,
5.
F-A
.1961
Corp 3'As-
mtge 2%s
& Ohio
Purchased
*
58%
/
.1977
.1982
ref
Mobile
ctfs A
3s debs____^_;
Collateral
__
108% 108%
•109%
A—
&
5
1st gold 3s sterling
'
51
Consolidated Edison of New Yorklst
16
Refunding
104%
96%
;.
Co—
f 3%s
s
81%
35%
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1965
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1951
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1962
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1952
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1949
1949
1949
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ref
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71
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1980
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1960
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1954
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1972
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94%
98
91%
70
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1967
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1977
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1,238
1980
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1961
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1982
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1986
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116
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1990
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1974
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1980
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1964
s
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1949
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;
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63
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110
1
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1981
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101
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1974
1961
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1997
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1997
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99%
59
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1954
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98
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112
1
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.
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101
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103%
16
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100
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106%
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103%
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77
1965
115%
103
__
ACertificates of deposit
4Vis series D
Ref
103
99%
96%
M-B
100 V#
~1
v.;
%
1968
3 Vis series
1st & ref
99
f-A
J-J
1959
5
98
99
97%
A-O
1960
4%s
B
series
Eastern
Philadelphia
103
96
■"
1965
General gold 4Vis series C
Philadelphia Co coll tr 4%s
105
97
—
deposit
A 1st
Ref
102 7/e
100% 100%
A-0
1953
scries C
N Y Central
32
104 %
99
J-J
1954
of
100%
103%
103
99%
•102V2 103
1960
3%s
Apr
Peoria 8c Pekin Union Ry 5%s
Pere Marquette Ry 3%s ser D
91%
97%
♦100%
Jf-N
1952
B
Certificates
84%
20
99
j-d
j-d
2
99
104'/$
99%
5
,
1952
4y4s series E
Income
34
102
1960
series
series
mtge
8c
103
RR—
4%s
Peoria
104
100
102
Jf-S
4%s—1955
debentures
mtge
108%
100 y$
1975
5s
Gen
107%
11
102
102
5
23
Airlines—
Glass Sand
4%s
Gen
90
104
Jf-N
1983
tNew Orleans Texas &
Mexico Ry—
a
104
j-d
97%
105
103% 104%
J-D
1987"
3s
General
92%
102%
98%
Northeastern RR—
Ref & Imp 4 Vis series A
New Orleans Term 1st
gtd 4s
A 1st
A-O
98%
Co—
General
75
5
90
98%
102
Power 8c Light Co—
mtge
General
F-A
93%
102% 103
J-D
1986
debs
Inc
conv
Phlla Bait 8c
j-d
16%
98%
5
N
Nashville Chattanooga & St Louis—
1st mtge 3s ser B
1986
National Dairy Products 2%s
debs.1970
National Steel Corp 1st
mtge 3s.__1965
National Supply 2%s debs__
1967
ANaugatuck RR 1st gold 4s
1954
10
6
:; 107% 108'/$
102%
J-D
—1978
1st
General
102%
2
2
103% 103%
1981
1980
1985
Tel 2%a debs
8c
debentures
1st
60%
1955
Morris
66
13
97
"
ref 2%s series Q
Tel
Cons
M-S
16
97%
J-D
3s
Morrell
debs
1977
ref 38 series N^
Pennsylvania
1st gtd gold 4s
Monongaheia Ry 3V4S series B
3s
96%
104% 104%
J-D
Pennsylvania
89
Co
99
95%
97
104%
J-D
1979
Pennsylvania
89
1981
1974
Gtd 4s series E trust ctfs
88%
1949
81
99
98 % *
10
101J/4 101%
97
J-D
L
3%s
30
A
3s series
Pcnnaylvania
89
72
192
ref
Paducah
50%
27%
101%
J-D
Paterson 8c Passaic G Sc E cons 5s. 1949
88%
;
A 1st
(John)
97%
98%
95%
15%
M-S
J-D
Pennsylvania-Central
67%
87%
Moh'k & Malone
4
99
98%
•95%
A-O
1968
3%s debentures
71%
•
88%
a
104%
99
98%
J-J
1971
2%g
'69%
61
53
69%
71%
18%
ser
F-A
1970
1st 8c
84%
Jf-N
gold 5Vis
100%
99%
Electric Co—yy
8c
1st 8c ref 2%s series P
79
14
I'.Y
83%
82%
71
71%
Gas
3%s
23
66%
81 ref gold 5s series H
1st & ref 5s series I
103%
A-O
1st 8c ref 3s series J
Pacific
57% :
F-A
j.
92%
A-O
2%s
1st 8c
93%
-
50%
A-O
ref 5s series G
mtge
2%s
1st 8c
101%
1978
ref 5s series F
A 1st
4
62
68
Power Co—
1st 8c ref 3s series M
66
1965
A General 4s
98% 100
103 Vi 104
M-S
1st 8c ref 3s series K
96
51
29
'101% 101%
68%
J-J
J-J
100
J-J
1st 8c ref 3%s series I
106%
96
16
62
Jan 1967
series a
A 1st
Pacific
„
100%
■
62
J-J
1978
92
2047
A-O
87%
89
89
6
99% 100
F-A
100'/a
80
1975
& ref 5s
AConv
-
J-D
.1962
A Cum adjust 5s series a
^Missouri Pacific RR Co—
A 1st
6
•'
87 %
53 Vi
J-J
Mo
Prior
i'
/-J
Jan 1991
94%
J-J
1975
Marie—
a
ser
87 Vi
100%
'
4s inc ser a
mtge
5
92
Oregon-Washington RR 3s ser A_1960
,
& Sault Ste
4Vis
mtge
AGen
♦__
62
101%
65%
92%
J-J
•
100%
13
J
100% 100%
105% 106 %
A-O
60%
101
98%
—
86
-
7
2047
;—2047
Oklahoma Gag & Electric 2%s
100%
100%
100
A-O
64
101
99%
♦100%
Jf-8
1940
101
61%
98%
98
3
101
101
♦100%
Jf-S
1969
5s
1st ext
107%
45
70
35
70
1979
3Vis
impt 4Vis series C
63%
tOgdensburg & Lake Champlaln Ry—
a 1st
guaranteed 4s
1948
Edison
1st mtge 3s
1974
1st mtge 2%s
1975
74%
84%
86
70
1952
1st gold
63%
Ohio
67
100
♦97
A-O
Ref &
1st
1st mtge
101
19
73 %
71%
M-S
Q-A
99
96%
67%
•102
111
99
•100% 101%
84%
1951
Sag 3 Vis
80 V*
96%
M-N
1950
&
129
110
27
66%
(Wise) 1st mtge 2%s
Michigan Central—
Lans
106% 107
66%
4%s
trust
Northern States
89%
J-D
Jack
127
128
*107
„
106%
1974
1975
1977
108
101%
J -D
Metrop Wat Sew 8c Drain 5VaS
»
M-S
Q-J
1975
Coll
95
•94%
Jf-N
49
5
109%
Q-J
&
105%
Jf-N
Corp 1st mtge 3s__
1966
Metropolitan Edison 1st mtge 27/«s_1974
91
102%
84
J-D
Sugar 4s sink fund._Feb 11957
AManila RR
High
109 Vi
r
Q-F
impt 4%s series A
110%
♦110% 111%
M-N
Lota
106%
80 V*
127% 128
2047
102
M
(R H) & Co 2%s debs
Macy
January 1
11
♦115
1997
101
89
88
Jf-N
78%
127%
M-S
Jan 1 2047
3s
109
52
100% 101
Jf-S
1955
Lo^sx&iy. 2d gold 3s
High
No.
108 % 108%
80
A-O
1997
lien
(Minn)
At! Knex»& Cinc Div 4s_
Range Since
Bold
Railway—
impt 5s series C
Ref & impt 5s series D
100
♦107% 108%
Beads
Bid A Asked
108 Ve
A-O
1974
4%s series A
4s
registered
100
RR—
3%s series
3s
Ref 8c
102% 102%
102%
'
10111
j|
ig
M-S
I960
registered
101%
♦109%
F-A
2003
4s
34
18
3%a
Power
Pacific
lien
Prior
General
♦101%
M-a
& ref
Northern
101
101
Sale Price
Southern
101A
Jf-0
»
F
111%
25%
25%
J-D
series G
109%
20
Gen
74%
121%
♦108% 109%
M-N
1966
46 %
67
121
109% 109%
109%
A-0
41%
38%
36%
3
A-O
Falls
Ry Co—
AGen mtge 5s conv inc
2014
Norfolk & Western Ry 1st gold 4s_1996
North Central gen & ref 5s
1974
34
30
43
A-0
Period
Low
Norlolk
30%
40%
39%
Wook's imd
or Friday's
L»st
bonds
New York Stock Exchange
38
26%
37
38%
•36%
40 Vi
Af-N
18
High
27
239
37%
•33
Jf-N
A-O
Nashville
81
ref M 2%s
Low
No.
High
35%
Jf-N
1963
& Elec 3%s__;
ref- M
1st &
37%
M-N
1951
<P) Co deb 5s
debentures
3s
BangeSinee
January 1
gold
Niagara
Lehigh Valley RR—
4s stamped modified
A Lombard
RECORD
WEEK ENDED JUNE
FHfsy
Bonds
Friday's
Bid A Asked
Low
4s
BOND
Monday, June 21, 1948
Week's Bang*
Last
BONDS
New Fork
FINANCIAL CHRONICLE
&
West ref 4s
4s
1955
N Y Power &
Light 1st mtge 23/4s" 1975
Putnam 1st cons
gtd 4s
1993
N Y State Elec & Gas
2%s
——1977
N Y Steam Corp 1st 3
Vis.
_1963
in y Susquehanna & Western
RrZN Y &
llst refunding 5s
8 A 2d gold 4 Vis
8 A General gold 5s
'
ser
For footnotes
10%
6%
Jf-S
'•6
Y
A-0
08 Vi
101%
7%
„
98%
V 62%
11%
'6%
148
106
98%
65
J-J
*—
J-J
106% 106%
:
:
3 ■_■•••
97
68%
97
E__
105,
see
page 31.
R
•
107%
\
100'/$
100
1 •
Reading Co 1st 8c ref 3%s
ser
D—1995
Jf-N
Copper 8c Brass 3'/4s
Gas 8c Elec Corp—
Gen mtge 4%s series D_
Gen mtge 3%s series H
Gen mtge 3%s series I
Gen mtge 3y4s series J
1960
•
S.. i
M-S
I' '
'
Y
:
.
ft
98% .100%
.
..."
*
I:
83 %
93V4
M-S
1967
i
Jf-N
1977
'
•
Revere
92%
92%
17
93%
•102% 103 y4
'
-
—
101
.
102%
Rochester
J-J
51
51
32
1937
52%
F-A
*38
40
30
40
F-A
•*23
29
12%
29
1943
Jf-N
78%
73%
77
1982
I
•'
99%
60%
'
97
,16
100
j-j
■
7%
95%
5
7
.1964
...
13%
'
-
1940
*
8ATerminal 1st gold 5s
N Y Telephone 2%s ser D
Ref mtge 3Vis
1937
J-D
♦101%
10%
Quaker Oats 2%s deb
J-J
1978
F-A
♦75%
98
104%
98
104% 104%
17
93%
9
103%
98%1
105
IA Rut-Canadian 4s
tiARutland
RR
stamped
stamped
4%s
1967
M-S
1949
J-J
107%
107%
J-J
1941
107%
•108
II
II
•8
10%
*105%
13
10%
10%
107*
104
M-S
1969
106
7%
17
11
7y4
12%
~
THE
Number 4709
Volume 167'
COMMERCIAL & FINANCIAL CHRONICLE
NEW
YORK
BOND
(2711)
U
RECORD
RANGE FOR WEEK ENDED JUNE 18
Friday
New
Intereat
BONDS
.
Exchange
Stock
York
Week's Range
or
Friday's
■
Last
Sale Price
Period
Bid A Asked
Low
Range Since
.January 1
Soid.
No.
High
Low
.—.1971
Baguenay Power 3a series A_
*76V8
80
1996
*77%
80
gold 6s
2d
—
Pacific
:
mm
"
or Friday's
Bid A Asked
.1976
102%
F-A
99
MS
United Biscuit 2%S debs
1966
A-O
98%
81
U S Rubber 2%s debs
1976
Af-N
1967
A-O
1959
Af-S
75%
1955
J-J
99%
89
88Vi
£9%
245
80
59
58%
59%
425
51%
Low
High
-7
96%
102%
93
■
93%
36
87%
94
96
99
*93
95%
91
94
*95%
96%
05%
97%
•95
96
90
97
106
98%
,
98%
10
:
59%
98%
No.
89%
IfeJ
.1991
2%s series C.
2%s debentures
99%
J-J
Range Since
January I,
Sold
High
102% 102%
93%
79%
Ref mtge
Bands
RR—
debentures.
70
■mm
'
—1997
A—Jan 2022
105%
8t L Rocky Mt & P 5s stamped
*100
—
Universal Pictures 3%s debs
8t Loula-San Francisco Ry Co—
1st mtge 4s series A—
A2nd mtge lnc 4%s ser
Last
Sale Price
96%
*iooy8i04%
J-J
A-O
»•:
Period
Exchange
Low
2%a
U-8
Stock
High
Union
1996
Interest
BONDS
New ' York
1
,
S
fit Lawr A Adlr 1st gold 5s
Week's Range
Friday
Bonds
^
,
—
fit Louis-Southwestern Ry—
1st 4s bond certificates
U-N
2d 4s lnc bond ctfs
J-J
Gen & ret
J-J
1989
Nov 1989
gold 5s series A
1990
St Paul A Duluth 1st cons gold 4s_1968
St Paul Union Dept 3 Via B
1971
Scioto V4N E 1st gtd 4s
1989
,
•105%
102
J-D
92
80%
102 »/*
A-O
'
r
.
•102% 103%
'•
92
89'/a
102
*
:
103
'mm
•
"*127 '
101
102%
127
mm'
.'
-
..
1971
Shell Union Oil 2%s debs
101%
J-J
101% 101%
71
J-J
127
A-O
Southern Bell Tel A Tel .Co—
3s debentures
95%
95%
*120
—
J-J
..1985
F-A
2%s debentures
..1987
J-J
.1994
J-J
..1977
14
92%
28 Va
97%
102
99%
103%
96%
91%
98%
91%
99 Va
4
5s..l949
2003
Af-S
*100
*107
125
92%
96%
95%
97
171
94%
95%
122
104
87%
95%
84%
101
101
1995
Jf-N
1986
1996
1st mtge 2%s series G
1961
Southern Ry '1st cons gold 5s_—-1994
Develgs gen 4s series A
i.
1956
Devel A gen 6s series A
1956
Devet & gen 6Vis series
—1956
1996
Memphis Dlv 1st gold fis.
„1951
St Louis Dlv 1st gold 4s.
Southwestern Bell Tel 2%s debs__1985
mtge 2%s series R
1st mtge 2%s series F—-
-
.
62%
82%
-■
J-J
J-J
118%
A-O
,95%
debentures 3Vis. 1976
11
75%
99
23
90Vi
*99
103%
1972
118%
91%
West Penn Power 3%s series I
54%
102%
97%
105%
57%
1
105%
4
55
46%
.92%
7
95%
95%
41
; 88
98
•96%
97%
♦100% 101
J-J
8
J-J
A-O
.1965
►115%
100
U-N
Vi
1°5
97
.
100
.98%
.
>
2
103
~
99%
97%
2
U-8
'
•
,
106
4
47%
99%
55'A
101
108%
108
■;
i
67
69.
105% 107%;
106% 109
59
69%
7
12
69
44
64% ~§4%
/
109
4
57%
A-O
99%
99% 100
A-O
97%
97%
101%
101% 101%
83
97
May
102%
102% 103%..
51
U-N
100%
100
92
u-a
99%
2000
J-D
126
126
1
121%
1985
J-J
101%
100% 101%
66
94%
99% 100
94
j-j
100%
93%
100%
100% 101%
27
99
98%
U-8
1949
103
94%
94%
80%
.113
JrD
U-8
1970
1967
1958
99% 101%
i
12
97%
1
99%
1949
83%
77
71%
60 '
63%
100% 100%
101% 101%
348
99% 100
102%
101% 103
J-J
A Certificates of
100
J-J
100%
71%
93 Va 100
31
94
40
89
1
100%
va;
.
41%
71
J-D
*96%
J-J
Third Ave Ry 1st ref 4s
J-J
81
A*0
61%
.1960
A Ad) Income 5sa_
Jan 1960
Tol A Ohio Cent ref A lmpt 3%s—1960
Trenton Gas <fe Elec lst gold 5s
1949
MS
Trl-Contlnental Corp 2%s debs—1961
81
43
30
104% 104%
Yonkers Blec Lt A Power 2%s.
J-J
417
—;
75%
93
96%
103
,104%
l2o'/«
us
J-D
101%
*98%
X
85
.
13
42%
64%
97% 100%
.2
101% ,101%
1971
mtge A coll trust 2%s—.1975
—1967
1970;-'
debentures
92%
96
94
hot
sale
not included in
{Negotiability impaired by maturity.
tThe price represented is the dollar Quotation per 200pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.
U
Union Electric Co of Mo 3%s
*94%
a Deferred
delivery sale not 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.
rCash
the year's range,
y Ex-coupon.
97%
95
99%
.1976
under Section 77 of
{Companies reported as being in bankruptcy, reeelverahlp, or reorganized
Af-N
108% 109%
J-J
16
107
100
109%
A-O
10
96
100
103% 103%
99% 100
J-D
109%
101
4
securities assumed by such companies.
•Friday's bid and asked prices;
103%
08%
10
the Bankruptcy Act, or
100
no
sales being transacted during current week.
ABonds selling flat.
101
NEW YORK CURB EXCHANGE
WEEKLY
YEARLY
AND
RECORD
NOTICE—Cash and deferred delivery sales are disregarded in the week's range unless they are the only transactions of the
In a footnote in the week in which they occur. No account is taken of such sales in computing the range for the year.
week, and when selling outside the regular wcr ^ range are
following extensive list we furnish a complete record of the transactions on the New York Curb Exchange
and ending the current Friday, June 18. It is compiled from daily reports of the Curb Exchange itself, and
whether stock or bond, in which any dealings have occurred during the cur rent year.
In the
June 12,
shown
for the week beginning on Saturday,
is intended to include every security
RANGE FOR WEEK ENDED JUNE 18
Friday
Last
STOCKS—
New York
Curb
Exchange
v
-
■
;
gale Price
Par
ACF-Brlll Motors warrants
Low
Friday
gales
for Week
'■
'
Shares
Low
■/■I3%
3%
4%
1,900
6%
6%
6%
500
Adam Hat Stores Inc.———- ..1
Aero
Supply Mfg
1
———
■
Agnew Surpass Shoe Stores--...—Ainsworth
Air
Mfg common—.....—Associates Inc (N J) ——.
Air* Investors
Convertible
'
25/» \ 23%
.2%
14%
-1
7%
14%.
7%
14%
■
; .10
50O
preferred--
1.
.
•'
11,200
.10
preferred
AirrWay Electric Appliance....—
—3
1%
6%
7%
1,000
1,400
4%
6%
1%
3,700
Alabama' Great Southern—.—.... .00
.
Alabama Power 4.20 %
Alaska; Airlines
I
AlPed Internat Investing Corp—.
Allied Products
,
(Mich)
common.^..
Altorfer»Bros common
1
...5
$3.79. cumulative preferred-..:—
Aluminum Goods Mfg
64%
Bantam Car
American
Beverage
American Book
<
21
1,000
,
/
100
For footnotes see page 35.
Feb
—
1
22%
Apr
22
Jan
150
92% Feb
98
May
1001
22
Mar
25
"Jan'i
9
Peb
13
11% '''
1,200
5,100
80
54%
2%
2%
7,700
2%
2%
100
69
1% Mar
1% Mar
85
81
55
-88%.
.
600
7%
7%
'
7%
2,000
Mar
36
56
r
J
-
Jun
90
Jun
Jan
.
5% Mar
.
7%
18
17%
525
;.3,400
:
17% "18
■"
600
*
I—*
Class
B—_
—
_•
JZio
Republics—
——
—2
American Seal-Kap common.100
Amer Superpower Corp com.—
$6 ^series < preferred
—'—...
5
American Thread 6% preferred—
American Writing Paper common.. —5
American
44 V*
44%
600
34 Vi '34%
25
32%
19
31
,2,100
8,000
33%
7""
*j.
38 !
1%
59%
59%
1%.
60
*•
*7%
Feb
% Mar
1,100
42% Feb
4%
.1,300
400
-
Jan
36
Jan
36% Jan
27 % May
*
5%'Jun
l%May
6OV2 Jun:
Apr
fi
Jan
6%v,.Apr
9
Jan
6% Feb
8% Jan
7
Jun;
4%
400
7%
6%
-
21,800
7 V#
4%
51
Mar
Feb
Feb
18% Mar
5
""1%
Jud
25% Jun
17% Feb
.1,200
.
u
24% ^26%
Jan
May
32% Jan
-18 * Jun
Feb
%30
24%
Jan
Jun
'
44%
«
Jan
43%
Mar
3
159,100
34%
•
40
21%
■
15% Feb
May
14% Feb'
7 :
25%
6%
113% May
3% May
,
31
24%
6%,.
25%
;
Jan
2% May
2% Jan
Jun
81
■»
—
,i
2,800
Americanr Cities Power A LightClass B_
:
.
29
Feb
31
109
Apr
1% Feb
Jan
33
175
500
'
97%
2%
1
Co.
May
550
X20
"
3% May
3% Apr
17% Mar
54%
common
,7
150
31%
American Potash & Chem class A.
67%
10%
1
.
21%
31%
18%
39% Apr
16
Feb
31%
American Meter Co.t—
4% May
64%
23%23%"
common——
Co
,
Apr..
Mar
101 Va May
93 V* Mar
...
97%
loo
Aluminum Ltd common—
American
Jan
25
39%
19% May
39 y« May
16% Mar ;
39%
39
High
LOW
High
2,000
10,200
...1
$2 convertible preferred—
$2.50 convertible preferred...— —I
American Hard Rubber Co——... u-25
American Laundry Mach——.... -.20
American Mfg Co common^..—.. ..25
American Maiacalbo Co——— ...1
American Metal Products Co...— —2
Jan
8% May
Feb
14
Aluminum- Co of America common
Aluminum. Industries
20%
Apr
1 %' Jan
3%
2% Jan
6
—.——.
36
';
Jun
5% Peb
1
*
'3% May
Apr
%■ Jun'
%
79
7%
'
Feb
87
100
pfd—
Inc-._._.
Alien A Fisher common...
Apr'{
36
mm-
JAlreottiMfg/ttorp common——
60© convertible
Jun
■9%
3
2%
Range Since January 1
Shares
19%
37% 39%
111% 111%
2%
2%
38 V* 39
;
American Light A Trac common... ;.25
6% preferred—
—.—...i ..25
14%
6% Mar
:
600
38%
111%
preferred
for Week
18%
.100
4%%
Sales
Week's
Range
of Prices
Loto
-IIo
American Gas & Electric com
Apr
XU%Mar
900
7%'
Sale Prlee
Curb Exchange
American General Corp common— .100
Mar
3% Mar
1% Jan
..a
common——:
7%
*
Zip
Last
STOCKS—
York
American Fork A Hoe common....
5% Mar
35
Jan
4% Mar
700
New
Par
3% May
Mar
31%
,
v
High
3% Mar
Acme Wire Co common.———— -10
v-v.
V
:
Range Since January 1
High:
—
Alloys...—.—— __1
Acme: Aluminum
Week's
Range
of Prices
Jun
Anchor Post Products——... —3
Angerman Co Inc common
...
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg—
Angostura-Wupperman
Apex-Elec Manufacturing Co—.i.
Appalachian Elec Pwr 4%% pfd—
7%
5% Feb
—1
15%
—£1
3
—1
11%
.100
106%
,
11%
*
3%
12%,
105% 106%
€00
3
:
73
lay*
71
38%
64
2
74
71
41%
67
30
J-J
Af-N
Wisconsin Public Service 3%s..,....197i
98%
1
;
101% 103%
111% 112%
13
112% 112'A
J-J
deposit.
102% 103%
..
99%
A-O
1960
Texas Pacific-Missouri PacificTerm RR of New Orleans 3%s__1974
j
11
98%
•102% 103%
•92%
Af-N
1992
101%
126
;
!
95.
100%
88% 100
101%
101
j-j
,
101%
J-D
Texas A Pacific 1st gold 5s
Gen A ref M 3%s series B
.i
99% 103%
{ASu A Du div A term 1st 48—1936
A Certificates of deposit——
Wisconsin Electric Power 2%s
_1976
92% 100%
7
100
,
,67%
101%
A-O
{Wisconsin Central Ry—
{ A 1st general 4s...
;
1970
97%
.
.
107%
7
99%'
107% 107%
107% 107%
MS
Gen & ref M 2%s series A
101
103%
56
107%
J-J
Wheeling Ac Lake Erie RR 4a—
114% 116%
..
*108
J-D
Wheeling Steel 3%s series C—
1st mtge 3%s series D
Wilson A Co 1st mortgage 3s__
Winston-Salem S B 1st 4s
—1990
1st A ret M 3 Vis series B.
Union Oil of Calif 3s deb—
85
,
RR—
1st & ref M 3%s series C.
—Jan 2014
Funding A real estate 4%S—.1950
25-year gold 5s
1951
30-year 5s
,
...
i960
Westinghouse El A Mfg 2%S...
.1951
2%s debentures
1971
100% 102%
96%
9b %
100%100%
104% 105%
16
85
99%
97%
Western Union Telegraph Co—
104%
93%
*102%
J-J
108
3
105 % 105%
U-N
.2019
1966
_
"6
97%
.
.1985
—
Ref A imp 27/as series D
Texas Corp 3s deb
—L—;
West Shore 1st 4s guaranteed
95%
Terminal RR Assn of St Louis—
Ref A imp M 4s series C
mtge 3%s
Western Pacific 4%s inc A
97%
83%
100
94%
i ■
Gen
103% 106
F-A
—h....—.1973
J-D
—1950
1967
108% 112%
103% 103%
Jfcf-N
Sunray Oil Corp 27/«s debs..,..,. .....1966
112
53
99%
20
'
1966
Swift A Co 2%s debs
25
148
95 W
97%
107% 107%
52% 53
F-A
94%
*105%
J-J
1971
90
97
,
Westchester Ltg 5s stpd gtd
84%
15
99%
97
F-A
105
A-O
Standard Oil of Calif 2%s debs
Standard Oil <N J) deb 2Vis
76%
74
5
89%
11
"
>
U-N
A-O
110% 112%
112
J-J
Af-N
2 Vis
82%
100%
Baking Co—
11
Apr'
1st
82%
98%
If-N
conv
2361
Registered
2361
Western Maryland 1st mtge As——1952
94%
66%
80%
99
107% 108
A-O
1983
-
93%
24
82%
82%
Apr
Apr
5%s debs (subordinated)
1970
Warren RR 1st ref gtd gold 3%s_2000
102
80
8
i 117 % 118'%
-
A-O
ASpokane Internat 1st gold 4%a~2013
3 Vis debentures
84
93%
J-J
88%
100 A
109
94% 101 Vi
99%
104%
99% 100%
Washington Terminal 2%s ser A—1970
100
102
10
99%
Apr
Ward
97%
95%
Southern Pacific RR Co—
88%
99%
103
107% 111
110
A-O
mtge 4s inc series A
Jan 1981
Gen mtge lnc 4%s series B__Jan 1991
1st mtge 3 Vis series B__
1971
Walker (Hiram) QAW 2%s debs.1968
99%
U-N
J-D
94%
103
65
100%
J-J
1958
5s
Gen
84%
U-N
J-J
13
99
103%
109% 110
Walworth Co
95%
78%
1981
mtg 3%s ser A. 1870
98%
•101
110
Wabash RR Co
96%
90
cons
Virginian Ry 3a series B
102%
8
1969
Texas A New Orleans
98%
Af-S
105% 105 V4
W
26
Gold 4%s
y, 2%s debentures
A-O
10^
105
.
—
96
Gold 4%s
1st
Af-S
1963
124
96 Vi
102% 104
*105
1975
1978
debentures
Va Iron Coal A Coke 1st gold
Va A Southwest 1st gtd 5s
1st
102%
96'/*
*82
US
102
123%
—
102
--
•105
Af-N
.1955
101%
42
96.
conv
F-A
1957
4s series A.
56%
5
96%
fil
T
-1979
(Oregon Lines) a
95
101% 101%
J-D
2%s debentures
Southern Indiana Ry 2%a
Southern Pacific Co—
71%
92%
2
96%
J-J
61%
2
95
51
F-A
98%
195
71V*
95
A-O
15 ASileslan-Amer Corp coll tr 7s—1941
Skelly Oil 2%s debs
1965
Socony-Vacuum Oil 2 Vis
1976
8outh & Nor Ala RR gtd fie
1963
11
70
J-D
cons g
f 4s series B_
Cons s
Virginia Electric & Power Co—
1st A ref mtge 2%s series E
1st & ref mtge 3s series F...
3 V«s
1st mtge 4s series A
1996
A Gen mtge 4%s series A.—.Jan 2016
Seagram (JOs E) A Sons 2%s
1966
San Fr Term 1st
Vandalla RR
mm
■
U-N
Seaboard Air Line RR Co—
1st 4%s
—
*91%
102
Apr
May
2,500
8%
Feb
260
98 %
Jan
19%
4
12%
Jun
Jan
Apr
108% May
,
THE
(2712)
32
COMMERCIAL
NEW
Friday
Week's
Last
STOCKS—
Low
Argus
Shares
Range Sine* January 1
High
Low
Associated
4ft
Feb
6ft May
Feb
8% May
Colon
8ft
20,700
4ft
Feb
8ft May
10% Jan
'
10 ft
600
10% May
112
Feb
10
21ft
23
12%
Feb
23
Jun
Co___
—25
Commodore Hotel Inc.—
1
Commonwealth & Southern warrants—
Apr
83/4
Jan
Community Public Service
3/4
Feb
lft
Jan
Compo
lift
Jun
27,100
,
10 ft
%
10ft
3ft
1
1,000
lift
175
4
6ft
1,900
Feb
2% Mar
43/e
Apr
64ft
Jun
6
6,000
33/4
Feb
31ft
1,200
24%
Feb
300
4%
Jan
6 3/<
Apr
63/4
Feb
9ft
Apr
10 ft Mar
15ft
Jan
243/4
30 *
6
64 ft
6ft
6ft
6ft
30 ft
•
•—5
—25
S
'&% preferred
—
Ayrshire Collieries Corp com
63 ft
:
6ft
Corp warrantsPlywood Corp————
—I
Products Inc.-.——1
& Sons common
3ft
64
Automatic Steel
Automatic Voting Machine
13
Feb
253/a May
15 ft
Feb
27
250
♦
.
263/4
9
200
14
500
26%
14
X8ft
14
27
52
400
Mar
7ft May
32
May
Jun
B
——•
Babcock & Wilcox Co
7 %
60 ft
59%
60%
2,000
45
Feb
61ft
Jun
Locomotive—
preferred
1
common—
37
250
34
Jan
37
Jun
10%
—
10%
100
9
Mar
14
Jan
Jan
11
Jan
Banco de los Andes—
American
Barium
Barlow
shares
Steel
Corp
& Seelig
Basic Refractories Inc—
(L)
(AS)
Bellanca
"7 ft
"73/8
20.400
16
5
-
16 %
200
6%
900
4ft Mar
Aircraft
>>": 6%
I
'•
.
,
—■to.
15
7ft
5ft
15
15
23/4
1
common—,
Feb
17 ft Apr
,
Jan
7% May
15 ft May
53/8
1
*
15%
3
200
7
May
14 ft Mar
2,100
Apr
17
Jan
13/4
Jan
33/8
Apr
590
125 ft Mar
146%
Jun
300
8ft Mar
10ft
Jan
'
Bell Tel of Canada..
146 ft
,..100
145 ft 146%
Benrus Watch Co Inc.——.
Benson
&
Hedges
•
common
Brazilian Traction
Breeze
>-8ft
11%
4
10%
49
46
50
100
128
127
128
——
—
.
'
;
:
—.25
;■
120
,
■_
V;'
•
17
•
l
,
ft
10
17ft
17%
10
22
13 ft
Apr
34
Jun
18
Jan
23/4
"
Feb
9ft May
Feb
113/4
■
-
8 ft Mar
33 ft Mar
113
•
—
—
•
—
20%
20%
American Tobacco—
Amer dep rets ord befcrer
5eP rcts ord
..£1
re«—
—
British Gelanese Ltd—
Co
new
Creole Petroleum:
+■.
25c
Crystal Oil Refining common—
*
$6 preferred
— *——:—lft
Cuban Atlantic Sugar common
8
5 % preferred
—100
Co common.^
Crown Drug
Tobacco
Cuban
Curtis
-
Co
19 ft May
Feb-
lift Mar
23
Jan
13ft
Jun
Derby Oil Co
Apr
16
Feb
Detroit
Class A
Gasket
St
Canadian
16ft
Jan
dep rcts. ord
May
2%
Jan
Dobeckmun Co common'...,
Jan
23ft
Apr
Apr
2 3/4
Jun
Carreras
2,700
12
May
200
Jun
29ft
Jun
Draper
11%
lift
1,300
10% Mar
12 ft May
23%
23 ft
24%
9,700
16
Mar
24%
Jun
Duke
17
15
17 ft
13
Mar
17ft
Jun
\h
ft
3,100
67,600
2 ft
2ft
2%
1,300
Feb
% Feb
'2 ft Mar
3s/8
11% May
123/4
lft May
Jan
Apr
Dominion
5%
Dominion
Tar
& Chem
Corp
7%
3ft
Power
63/4 Mar
8ft May
43/8 May
2ft Mar
Jan
20
Feb
Feb
Apr
3%
Feb
18 ft May
23
May
xl4ft Mar
18
May
9
Feb
123/a May
8
Feb
12ft May
2ft
2%
54 ft
~4 ft
4ft
48 ft
1ft
32,lOO
325
'
9
lft
35
1393/4
Feb
2%
Jun
Jan
10
Apr
4ft
400
3"/b May
48ft
49ft
60
4%
4ft
2,200
48
Apr
6
'•
Jan
53
>•
/
Jan
108ft
Jan
110ft
Jan
3 "ft
Apr
6%
Jan
5ft
5ft
5ft
6
6
6ft
.
300
1,000
"* 4% May
5ft Mar
37%
t00
37%
50
31
*7%
8ft
3,600
6
80ft
~7ft
».ul
80ft
30
1
/ 5ft
Jun
7ft
8ft
9ft
9ft
9%
11,500
81
Apr
Feb
19 ft May
Apr
85ft
Jan
8%
Feb
103/4
May
225
13
Feb
21%
Jun
54
Feb
86 ft
Jun
13
Mar
100
19
19 ft
100
12
Feb
21% May
10
12
12
300
10 ft
Apr
14ft May
"
Claude Neon Inc common...
Aluminum Products Co
For footnotes see
page 35.
t.l
4ft
4ft
4%
1,700
10 ft
10 ft
10
12
3ft
7ft
.10
B
21
Feb
May
5ft
Apr
8%
Feb
Mar
Jan
13
Jan
20 ft Mar
25ft
Jan
10
63 ft
63%
643/4
350
54
Apr
70
Jan
4
16 ft
16 ft
16 ft
250
15 ft Mar
18
•_.*
6ft
'•
u.i
*10
6ft
"i 1ft
61%
5
14
10
t
1
1
to'** '
3%
3ft
ft
73/4
Feb
31%
Feb
14
18 ft
-3ft
Jan
2,200
10
600
600
>> 400
4
12.000
3ft
79,400
16 ft
Jan
34
9ft
45
43 ft
Jan
37ft
Feb
Jan
83-4
Jun
Jun
35%
Feb
:
8%
Jun
,-j
-
5% Mar
OV2
7
i j
11% May
Jan
140
Apr
Apr
18
Feb
>31 >
Juii
Mar
11%
Jan
'
3 ft
2ft May
18ft
Feb
100
>12 ft
Jan
5%
Feb
Apr
!
Jun
%
> j
Jun
t-,
Jun
•
14
9,600
]
> j
May
28
7%
15 -
2ft
•
Feb
Jun
i
May
28
:
•1
Jan
3%
Apr
liy8
1,200
May
12 ft
9ft May
500
;
~9 ft
225
>65 :
Feb
Mar
>36
>
;16%May '</ »
Fl%
i.
83
8
Jan
8
14
Jan
500
18ft
2,200
5%
1,300
83 ft
325
76
Mar
85
500
65 ft
Apr
83
54
Apr
58
16
33/4
■r
t
,
•'••;.|
5% May
Feb
123/4
,
j
Jan
Feb
4%
.
j
May :>j
12
25
12 ft
43ft
16 ft
Jun
40
12 ft
—
May
791% May
Jan
74 ft Mar
•50
Assn
$7
—•
common
Corp
preferred
•
series
A—
•
shares of beneficial Int
ft
Share
common
Electric Power ft Light $7
5%
*
9 ft
Feb
Jan
May
7% May
13A May
61 %
lift Mar
14
82
77 ft
,
,—5
2d pfd A—*
Inc
5,200
;
Feb
Jun
16%
3ft
7
Feb
May
Jan
,
May
Jan
Feb
88
53%
Feb
81ft May
143/4
11%
57 ft
400
13
14 ft
2J00
.14
141
400
37,300
...14%
141
.
143 ft
6ft
May
57
563/4
'
13
4% May
2ft Mar
250
325
85
78 ft
11%
1
•
4ft
843/4
75 ft
warrants
Co
79 ft
4
4'/a
178
1
$5 pfd shares of beneficial lnt
Easy Washing Machine class B
Option
5ft
.
—•
;
$6 preferred series B
Eastern Sugar Associates—
Com
5%
—25
—
210
•
1,600
63/8
13
Apr
50
Feb
58%
Jun
:>8%
Feb
14% May
Feb
15
May
Feb
146
Jan
10% Mar
9ft
126
3ft
Jun
6%
Feb
'
1
new common
ft
-■*
common
"5'/a lft
3%
1
9uu
•:
10
-
preferred
100
1
Eureka Pipe Line common—
-10
5
10c
1
1
-1
14% May
13 ft May
27
Feb
Feb
«7%
8
^<ky'.y
;8
I '/•••'
*.
v.
800
Jan
98
'ir.
lft
44
10,500
150
7ft
73%
500
Hi ft
iitt
•
114
10,300
Apr
Feb
Feb
8%
Jan
Feb
6%
>11
-
43 ft
>2ft
43 ft
20
96 ft
96 ft
>, Jun
.46
"92
15V2
96 ft
Jun
3%
Mar
<(5 */8
42
—50
Empire District Electric 5ft pfd
Empire Millwork Corp
Emsco Derrick ft Equipment
Equity Corp common.
$3 convertible preferred
Esquire Ine
Eureka Corp
Ltd
—
iun
Camera ft Instrument
Fairchild
Engine ft Airplane^
Metallurgical
Fire Association (Phila)
30
15 .>
Jun
2ft May
lft Feb
41
Mar
Jun
>46%
6 s/8
Feb
8% May
1
Apr
3%
28.
Jan
Jan
30% May
30
30
223/a
*■
$2 div cum preferred
Fishman (MH) Co—
to
24 ft
3,800
•9ft
Jan
28%
-5%
23,700
>3ft
Jan
.5%
l4ft
109/b' Feb
1512
58ft
9,800
"160
46
f3%
Z 1,000
"2
100
34
'/5ft
13 ft '
14 ft
10
56 v
"3ft
56
-
-3ft
1
75
:
373/4
38
'
Jan
58%
Jan
3%
2an
,
38 Va
■>.?>/ft:;/"-.
Stores—
$1
23
^5ft
_10c
First York Corp common
5c
1
:—1
•
Pansteel
i4ft%ak
1
It
Ford Motor Co Ltd—
Amer dep rcts ord reg
Ford Motor of
A
Class
B
of
4ft
4ft
'
4%
1,600
22%
900
%
5ft
4ft May
Canada—
non-voting
voting—-.
Ford Motor
JEl
-
_*
—
-
Franklin Simon & Co inc
lft
*
1
50
:
9%
13%
1.25
common
/ 4ft % conv preferred
Fuller (Geo A)
Co
'1%
9%
.1
;
16%
Jan
23
I8V2
Jan
24 ft
May
Jun
9%
6,800
*
,7ft
,
600
1
„
8
Feb
7%
Feb
lift Mar
7 y« Mar
31 Ye
32
lift
100
/ / 200
— 1,700
7ft
1
> 750
15
18 ft
•
7 ft
,1%
.
25
Mar
v
9%
.19
11'
■
Jun.
,
; 32
.
8ft Mar
>12 ft
Feb
153b
Jun
Jan
Apr
Feb
3% May
1*
Feb
Jun
Garrett
10%
Jan
Gatlneau Power Co common..
24
Jan
47 ft
May
7
300
6
Feb
7ft
Jan
7ft Mar
4
Corp common
preferred
Gellmah Mfg Co common.....
3
14 ft
15
15%
5,600
-16 ft
5%
100
16%
1,200
89%
893/4
89%
10
8%
8ft
83/4
9
Jun
1
900
Jun
16%
Jun
Feb
89%
Jun
6% Mar
10 ft
Apr
16'
84,
•
i
f
Jan
May
V
19 >' Jun
13/4
]
Jan
2
14 ft May
:
Feb
:• ?
,
1
Amer
dep rcts bearer
Fort Pitt Brewing Co.___
Fox (Peter) Brewing..
:
82
:
.i
*
:
France—
300
400
<
|
Ltd—.
Co
45
9ft
j
/
6ft
33
.
__4
20
Jan
5ft
"73,000
18 ft
3
5ft
900
lft
,9ft
■
700
61%
133/4
10
•
lft
58
?-
Jan
8
:■
'
Eastern States
Class
2.3d
11% May
7 ft Mar
4ft Marq
133/4 Mar
150
50
Eastern Malleable Iron
Falrchlld
74% Mar
82 3A
l.B
Jun
Jan
270
Clayton & Lambfert Mfg
*
Clinchfield Coal Corp common.:
/
Apr
20% May
104 y4 Jan
38 ft May
Jan
Mar
16 %
i6o
3
35
>
Apr
<163/8 Mar
150
May
3% May
Jan
19ft
Clark Controller Co...
Clarostat Mfg Co...
860
-
16 ft
_i
Fuel
Elliott
57
8ft
100
ft
Jun
Mar
700
86
Mining-
Mar
26
Jun
8%
'16
9
prior preferred.:
preferred
;
Electromaster
80 ft
City Auto Stamping
City & Suburban Homes
-:,i%
20
Jan
9% May
>
Mar
; 1,100
Duro Test Corp common
Jun
18ft
i...—
3
>•'
1,300
Durham Hosiery class B common..
'
100
Cities Service oomriiOn._._i___s.
Club
Feb
preferred-.lOO
Tbtihg trust ctfs.J:
10-
16
6%
600
50 ft
Jun
Feb >
5ft
3,200
v 6ft > 6ft
77 ft
200
8%
•
«.
6ft
83
11
2%
..1
Chesebrough Mfg common:..—*
Chicago Rivet & Mach.
•*.
Chicago & Southern Air Lines.—
>~9ft
>10%
Feb
lOO3/* Mar
—
10k
2s 8d
...
9ft
Jun
13/2 Mar
200
:
34
Jun
1%
5ft Mar-,;:
'
1.400
19 ft
.53%
Feb.
6ft
100
—
Chaniherlin CO of Amferica—
Charis Corp common
Cherry-Burrell
common
l__
■K
23/4
33:
V 17%
100
lift
50 ft
Feb
1
100
•
33/8
2ft
>
6%
139% Juri
i
s.
*...
r—ft
17%
;ft.
4ft %
11.
1
1929..
;
83/b
16
3ft
i
1,500
22,900
8ft1
7ft
•
__
,
Jan
10 ft
pfd.Z.ZZZ"*
common
«
r
Co.
Electric Bond
•
Cessna Aircraft Co common..^
10,500
15ft
Jan
22 ft May
ZZZZZZlo
{Central States filec <6 ft
7 ft
preferred———
10 ft
8ft
7ft
16ft Apr
xl4ft Mar
•
Light 4%'pfd
Central & South West
Corp
4,900
> 4%
Apr
123/4
11
56 ft May
Feb
-"•37 ft
10,800
1%
i/'8ft
8%
2ft
.
~
53 ft
lft
16
,
11%
33/8
•
L
*50 ft
>
10ft
,t
2% Mar
18
"*"<
Central Ohio Steel Products—
Chief Consolidated
2,600
•
Central Power &
.
4:,
900
•
Central Maine Power Co—
3.60% preferred.—
•.
Co
75/8
5
"2.50
(A M) & Co.
Catalih Corp of America
Century Electric
7ft
Apr
•6
May
15ft May
9% Jun
Mar
4ft
3% Feb
;;
11%
'
Feb
i 46
Jan
% May
Jan
4»/2
'
1,625
Driver Harris Co.
East Gas
1
Conv pfd opt div ser
Cofcv pfc| opt div ser
2,900
6
H
i
_
23,000
56 ft
Steel & Coal class B_;
Electrographic Corp
common
Jan
400
9%1
8'ft
-54
234
173. May
,
Jun
;3 ft
13ft
•
Dunlop Rubber Co LtdAmer dep rcts ord reg—
7
i
Castle
9ft
2,50'#
>V
*
Dominion Textile Co Ltd common-
425
25 ft May
17 ft Mar
32
27ft
Ltd—
Casco Products
1,300
53/8
15
Jun
Jan
Feb
% May
21% Mar
31
273/4 May
.
Amer dep rcts B ord
c
Carter (J-W) Co new-common
9%
5ft
Jan
2%
15 Va
Jun
83/4
•
Apr
Jun
40
Feb
Mar
2
5,100
2,300
15,200
12
gi
Co
i. 9ft
Jun
30
2,900
3/8
>
27ft
..100
Carr-Consolidated Biscuit
2ft
16
5/8
...
30
•
Carnation Co common.
Carolina Power fc
Light $5
2
15 ft
1%
lift
100
Domestic Credit Corp class A
Dominion Bridge Co Ltd
lift
20
Carman & Co
2,800
Jun
4
46 ft
Feb
12ft
27%
50o
Inc.ZZ
2,700
37
37
293a
reg__
30
\h
Marconi
2ft
15 ft
lft
^143/4
10% May
v
lift
"•
Capital City Products
Carey Baxter & Kennedy
7,600
i
<
5,300
12 Vic
preferred......—
44ft
-
v—
27
Canadian Industries Ltd—
1%
42 ft
Jan
104"
2% Mar
1,600
25%
II._25o
.
Feb
3,500
Feb
*.700
25 ft
i
non-voting
Jan
72 ft
3%
Manufacturing..
Distillers Co Ltd—
1 ft
voting
Class B
"'•'-/8 ft
'
3 ft
75
Devoe & Raynolds class B
Diana Stores Corp common
2
—
2,900
10%
10%
X98% 104
>
Jun
8%
70
114 ft May
105 ft Jun
140
Feb
20
—2.50
Canadian Industrial Alcohol—«
100 V4
;
(
10,600
Jan
200
•
Canadian Canners Ltd common
Convertible
preferred
60
4,150
105 ft
common
123/4
300
common
Jun
107% Mar
debenture.
8%
13ft
Feb :
200
Zl
Canada Cement Co Ltd
6 ft %
preference
Feb
x625/s
90
Detroit Gray Iron Foundry
Detroit Steel Products.....
2%
...
6%
3,ioo
600
21ft May
2ft
Ltd
1,200
•C
May
'
Duval Texas Sulphur———
Bread
85/B
Dayton Rubber Co class A
^—
Dejay Stores common..
Dennlson Mfg class A common—
Feb
22%
American dep rcts 5%
pfd
Calamba Sugar Estate
California Electric Power
29 ft May
Jun
Jan
2ft
•
Cable Electric Products common
Cables & Wireless—
5 ft May
i 'A Jan
25 ft Mar
Davenport Hosiery Mills—
2ft
2.50
Z
...4ft Feb
.400
Davidson Brothers Inc
9ft May
Apr
1,300
633/4
»
38ft
58,800
8ft
105
ft
lft
i.2.50 •>,'
8
>
i
.....
4ft
Feb
6% May
Feb
Feb
'A. A
62%
r 52
—•
common.;
Lighting Inc common
Mfg Co (Mo)—
Curtis
Zl
Burd Piston Ring Co...
Burma Corp Amer
dep rcts
Burry Biscuit Corp
Butler (P H) common...
Canada
5
•;
Petrol (Md)
Crown Cork Internat'l "A" partic
Jan
22 ft
—
Callite Tungsten
Corp
Camden Fire Insurance
.•
1
—
Co—
&
Milner
Cent
Crown
3%
29 ft
__
—
Crosley Motors Inc
Crowley
•
350
112ft 113
9ft
56 ft
/
——-—
Co
Croft Brewing
1
28 ft
;
■
>143/8
;
7,400
'
5ft
(ord reg)__£l
5
—
1
dep receipts
American
11
•
common,
4%
>
.
6%
37
'
May
•
Bruck Mills Ltd——
Buckeye Pipe Line..
Bunker Hill & Sullivan
Courtaulds Ltd—
May
lOa
__
Brown Forman Distillers
Brown Rubber Co common
(E L)
£1
7 V'a
-
633/4
113
105
——50
Amer
Amer dep rcts ord
reg
British Columbia Power class A
Class B
Bruce
1
convertible preferred
5 %
15 ft Mar
British
«
Cosden Petroleum common
30
8ft
600
Apr
„>? ft
28 ft
* ;
A.
11
•
6
"1,200
Jun
—
—
preferred class
129
22
—♦
63/4
—
^
1
Rejrnolds common..
Corroon &
9ft
150
200
9 ft May
*
1003ft
10
3ft
Consolidated Steel Corp common..-—.*
- 44
Continental Car-Na-Vaf Corp
12ft
Continental Fdy & Machine Co..i.
1
15 ft
Cook Paint & Varnish Co
*
Cooper Brewing Co common
.
1
Copper Range Co
:
*
15%
Cornucopia Gold Mines—
5c
5/a
Coro
Inc
'*■—*...•• 95/8
Mar
13 ft Mar
Class A
Brltish-Americah Oil Co..
———1
•
Apr
8ft May
800
'
Jan
Consolidated Royalty Oil
14 ft
....
6%
4ft May
103/b May
50
24 ft
to««
1,700
10 ft
22
13
Apr
7ft
•
Light & Power
Bridgeport Gas Light Co
Bridgeport Oil Co
Briilo Mfg Co common L
>
,vV
—
22
6ft Mar
850
■
Jan
16 ft Mar
200
1,175
15,600
1,500
•
4
3%
10
*
*,
19
500
8ft
11
11%
•
*.
.•_—.
Corp common
17%
90
31
.
1
common—
Blumenthal (S) & Co common
Bohack (H C) Co common
——
22
17%
175/8
J
;
9%
203/4
—
Birdsboro Steel Fdry & Mach Co com.*
Blauner's
common
3
1% 1st preferred
Borne, Scrymser Co
Bourjois Inc.—
9%
•
—,
Blckford's Inc common.
Ridge Corp
:
.
Convertible preferred—
Blue
Jun
left Mar
•
1
common
Shoe Corp
6 5/8
1
—
& Co common.—
Beau-Brummel Ties
Beck
"7%
1
—
Mfg—
$1.20 convertible A common,;
Baumann
10ft
-——-<
'1,800
"
Consolidated Gas Utilities.——__——l
Consolidated Mining & Smelt Ltd_i—5
$1
36 ft
-—30
______
Rubber Co
Baldwin
Jun
8
5ft
28%
preferred,—-,—--100
preferred series C_—
—.—100
4%
Jun
6%
363/4
4%
*ft
series B
4ft %
13 ft
Feb
ft
:
1956—
to
ext
Vtc
Feb
33/4
6ft
——
Consol G E L P Bait common—
.
73/4
52,500
7%
—25
Shoe Machinery—
High
550
6%
6ft
5ft
Colt's Manufacturing
13ft
700
Low
13ft
53/4
>
warrants—
Colorado Puel & Iron
Jan
Feb
6%
12 ft
£1
rets reg„
of America
—1
1
Co
Colonial Sand & Stone
Range Since January 1
Hif>h
13 ft
6ft
Airlines
Colonial
Shares
t
of Prices
Low
Development ordinary
May
114
8ale Pric*
•
Cock shutt Plow Co common
43/4
12 ft
•
•
Associated Tel & Tel class A
^Atlantic Coast Fisheries..——-—w»—1
Atlantic Coast Line Co_
——50
Avery (B F)
2,000
for Week
Range
Par
V
4,200
113ft 113ft
Laundries
Associated
/
New Y*rk Curb Exchange
:'4>V
!
5%
Industries—
Electric
American dep
Baldwin
^
High
Sales
Week's
Last
8*/*
10 ft
—10
Arkansas Power & Light $7 pfd
•
Aro Equipment Corp—.vi
•—-2.50
Ashland Oil & Refining Co
1
Atlas
Friday
STOCKS—
(or Week
8
preferred--,
Atlas
18
7%
Common class A non-voting-
6%
EXCHANGE
WEEK ENDED JUNE
5%
Inc
Arkansas Natural Gas common-
Monday, June 21, 1948,"
Sales
Range
of Prieea
gal* Pries
Curb Exchange
FOR
FINANCIAL CHRONICLE
CURB
YORK
RANGE
New York
&
;
''■!
THE CQI®MERCXAI» & FINANCIAL CHRONICLE
Number 4709
Volume 167
YORK CURB
Friday
STOCKS—
Week's
Las#
■
Low
Par
5ft
•
Adv
1% Mar
2,300
3% Ffeb
25%
25
23% Jan
•
35
700
4%
4%
7%
(
7Va
7%
1,300
2,100
v
;
—
<
*
^
<
Georgia Power $6 preferred
;
—*
$5 preferred
————*
Gilbert (A C)
Preferred
Gilchrist
Gobel
.
Inc.
Krueger Brewing Co
117
23%
53%
53%
16
1,65(1
—1
14
Jun
Laclede-Christy
5,400
9 %
Jun
9%
1,900
6%
Jan
29
Apr
34
Jun
9%
10%
700
7%
Feb
21%
Feb
29% May
18%
Jan
24
25
100
27%
15%
1
2%
•
•—*
—
*
j
14%. Feb
May
21%-Jan
15%
1,200
12% May
15%
Jun
3%
Jan
2%
46
-
5,300
y
61
—
,
7%
Lit
__
,
__
—
V
12y* Feb
6% Mar
400
9
i;/v.:;f'12%
—
i'
__
8%
.:
13%
2,800
7
i
118
)
100
41%
9>/4
9%
105
^
^
91
Feb
120
105
•
133
Apr
140
Mar
May
99% Mar
10
105
.
9%
8
200
^
f
—
Jan
105
.
WMt
:
V.
mm+m
B
Brewing
10
,
Hartford Electric Light
Hartford Rayon eommon
4
1
Co—
;
.
1
Hathaway Bakeries Inc
y-
1
*
;
a
'
-
8
400
7% Feb
100
•
5%
' •••:
■
43
44
51 %
50%
51%
Apr
1
!
2%
6%
190
2%
6%
87%
5
25c
Rubinstein common
11 r
1,400
Apr
4y+May
Feb
2% May
6 Vt
Jan
v'
v.
3,600
10% .11%
12%
9%
16%
Manischewitz
10%
11%
y
3,600
£
Marconi
,
5%% preferred w w
w
L
&
(Geo A)
Baking Co
■
-
'
\
International
48%
-
98%
72
Apr
7%
143
*::
Apr
Mar
4% May
43%
143
143
$2.25 preferred.—.
Common stock warrants—
•
24
Feb
30% Jun
v
20% Apr
:
-44 %: Jan
,
trtWy
-
■
v
■
v f:'; yy <- yy
.i
x65
2,900
4
41%
ry"3 -y; Mar-
50
-,41% Mar
41%
_
9%
4
?
>
•5%
400
30%
■
*
|
Jan
24% May
Feb.
7% Mar
8%
Jun
% Mar
1
Jan
56
56%
175
49
Mar
60
Jan
49
51%
600
44
Apr
22%
23%
19,900
15
Feb
10
110
Apr
400
15
£eb
U
..
49
23%
112
—
25,300
J
112
18%
18%
Jan
3l%
y'/75200
23
23
■:
-2%'Feb
■
-14
.
May
v44----' 'Jan
7% Jun;
Apr
77/« Jan
42% Jan
30%' Jun
•
7%
7
55% Jan
Jun
23%
.
Jan
112
18% Jun
400
17%
1,100
15
Feb
16%
700
12
Feb
MM
21
Apr
May
—
.
34
—
—
--
12%
12%
12% '
18
18
•
—
—-
:
1
—ilO
M~
; *
40%
10%
Dredging...
&
Co__
—4—
—
—
——
preferred—.—— .100
A
Iron
17% May
16%
Jun
27
Jurt
37%
.
Feb
3% May .
^•a5':'i;Jan-.
,
1
Co_.
—
,
100
10,50b
Feb
8%
10O
.1%
Feb
13
18
4%
6%
'■
.
Feb
8
Jan
38%
Jun
44%
Apr
5,300
75
37 % Mar
400
9% Feb
10% '
May
O
1 % Mar
22% Mar
41%
.
Jun
6% May
Feb
38%
.
10%
■
6,000~
12% Mar
25% Jan
2%
2%
2,300
17%
1
Jun
2%
10%
10%
700
5%
Feb
10% Jun
Feb
109% May
no
—15
19% ■"
17%
19
110
110
108
25
Ja Or
6%
—
S
6%
17,100
3%
5%
200
3%
-
,
Feb
50
Jun
6% May
Jan
43
20
50
3%.Mar.
7%
Feb
5
6%
_25o
.1
Michigan Steel Tube——
*—.2.50
Michigan Sugar Co common
—*
6% preferred
—
..10
Micromatic Hone Corp.—.—.
1
Middle States Petroleum class A. v t c__l
Class B
v
t
7%
7%
9%
9%.
1%
1%
1,300
Jun
50
1,500
7%-Mar
2,000
1% Mar
'
8%
8%
9
277«
27%
28
7%
10%
10%
li
10%
Feb
19
900
8%
5% Feb
10,400
7%'Feb
11
.
.
10% Mar
125
'
Midvale Co common*
—
*
*
Co————^-10
22%
Midwest Piping St Supply common.—*
1
4%
4%
1%
Midwest
Oil
Mid-West Refineries.—.
23%
23
23
50c
Abrasive.
275
19%
4%
200
3% Jan
18
Feb
22%
22%
21
3,000
21
5
67/000
87/s
Apr
25% Apr
5
May
2
•24
Apr
Feb
21
Jun
Mar
13%
100
3%
Feb
Apr
10% May
13% Hn
2$
.23% Mar
$2 non-cam dividend shares—*—*
Jan
10
Apr
29% May
,
Feb
5,700
8%
9%
-
6% Mar
1,000
?
10%
7%.
?y4
900
8%
8%
8%
5
Muuaftd Oil Corp ;$I cony pfd-—-*—*
Midland Steel Products—
7% May
30% May
2% May
^ Feb
9%
2
7%
1
c—
MMdb> West Corp>—*
Ex-distribution
Mid-West
-
5
Jun
"
Illinois Power Co 8% conv
Illinois
pfd.l——50 ;-''57%
!
Zinc:Cot; common———MA 11 %
57%
58
1,000
52% Feb
11 %
y
13%
1,350
10%'Mar
Imperial Chemical Industries—
.
,
, ,
Amer dep rets registered—
£1
—
>
16 y
16%
Imperial Oil (Canada)-coupon
—• ■
16 V2
16% 16%
Registered •
——
•
■
1%
Rights w 1—————
',
1%
lp
11%
11%
Imperial Tobacco of Canada____.
.5 M^
Imperial .Tobacco of Great Britain
y
a
(
& Ireland
£1
—y.,;" —
-yi >
...
__
;>r
May
Indianapolis Pwr & Light-4% pfd—100 v
.93%
105%
--10 5
International Cigar Machinery^.—^
International
Hydro-Electric—
Preferred $3.50 series
12%
—
...50
•
53%
53%
55
250
10% May
90% Feb
92% Feb
13% Jan
12% May
600
,
96
Mar
107% May
15
Mar
51'
13%
13%? 13"%
International Utilities common—
12%
39,600
14
8,600
v
900
13
*
Feb
Royalty.—
-1
voting trust ctfs—•
Iron Fireman Mfg
Irving Air Chute..
—1
Italian Superpower Corp com cl A——*
2%
__
6%
1%
f
6% Mar
;
4.40 ft
cum
4.80 ft
eum
Monroe Loan
5%
.
■
5
Mar
25
96
Dakota
Utilities————5
Montgomery Ward & Co class A—*
Moody Investors partlc pfd—
*
Morris Plan Corp of America
—10c
100
>
2%
60Q
95
50
.101
100
100
2%
177
14
Jun
Mountain
.—10
Jan
Mountain States Power common—.—*
31%
105%
4,000
177
40%
4%
16%
17
2%
300
12%
178%
2% May
U Mar
9% Mar
12% Jun
iy#
Feb
200
16%
Jan
700
4%
Jan
2V4 May
20% May
7% Apr
8% Maf
5%
Feb
Jun
Producers
Mountain States
—
Tel
&
Tel
100
"4%
270
17b
4%
1,700
16%
16%
3,700-
31%
32%
400
100% 105%
30% 30%
150
103 % Jun
Jun-
Feb
3% May
13% May
.
178%
Jan
Jun
34% Mar
40% Jun
3%
Feb
4% May
-12%
Feb
25
40%
95% Jun
May
10%' Apr
Jun
13%
2%
12%
12%
9% Mar
12 % May
35
Jan
600
"
95%
95
95%
Jan
5,500
6% ;
1
pfd—————100
pfd series B——100
Society com class A
1
Apr
900
2%
18%
4%
5
8
Monongahela Power Co—
58%
2,900
.
13%
1%
18
6%
l
1,400
14,800
24
'
Investors
8%
Vh
9% Mar
.
13%
12V4
Jan
7%
Molybdenum Corp.——.———1
Monogram Pictures common—
-I
Jun
,
Montana
13%
,
27
12
■■■:;
900
•Registered shares
—'•
International Products..—-———10
International Safety Razor B.:..——# y
"
Jan
23% Mar
1^ Jun
<■
500
International Petroleum coupon shs._* !
5
104
100
9%; Jan
309,10(1
W-i 400
23% Jan
12%
1%
Mar
26%
30%
Missouri Public Service common...—*
*
__
99
26%
16% May
1% Jun
13
"
99
17
11% Mar
-
International Metal Industries A—
8%
~7%
Miller Wohl Co
11% Mar
105% 107
.
5% Feb
< May
9% May
May
8% May
Jan
7
1,400
common....——..50c
4% ft convertible preferred*———50
Mining Corp of Canada..
*
Minnesota Power & Light. 5 ft pfd--100
700
:93 %
93
^
1—;
59% May
16% Jan
29,800'
>
,
———
Insurance Co of North Americai.
r
<
-
,
26% Jan
17% Apr
33% May
105%
Muskegon Piston Ring common
2.50
Muskogee Co common.
——10
Corp
—10
common.—————.1
National Bellas Hess common.——1
National Breweries common...—..—.*
14
11%
n%
12
Jun
100
1,800
11% Mar
Jan
-11%, Jan
Murray Ohio Mfg Co—
97% Mar
25% Jan
14% May
33% May
*
700
% Mar
1%
Apr
N
Nachman
Namm's
Jeannette Glass Co common.
6%,
Jefferson Lake Sulphur Co..
6%
Jim Brown Stores common-
9%
Preference
Julian
&
-
7%
l,80d
Feb
9% Jan
4% Feb
;; 7% May
t
700
-~9%
6%
i
4%
Feb
9%
Jun
100
4%
Feb
6%
Jun
20% Apr
8
6%
——....
Kokenge
6%
1,901
6%
25%
Jan
Co.
Kawneer
.100
10%
10%
125% 125%
20,000
>
10
Co—
15
Kennedy's. Inc.
Key Co common..—
—
For footnoces see page 35.
16%
400
7%. .7%
50
15
123% Mar
-11% Mar
pfd.
10%
15% Jan
125% Jun
17% May
8%
15
Feb
Jun
7 V« Jun
17
Mar
9% Jan
'■ 4%
33
500
5%
400
4Ys Mar
4%
33%
23,600
530
2% Mar
29% Mar
12%
Apr
16
13,800
National Mallinson Fabrics..—....1
15%
780
147/s
14%
15%
1,500
147/8 Jun
8%
9%
900
7% Mar
10%
1,200
22 V*
4%
3%
600
National Union Radio
common——1
,———300
Cbrp——————.5
Neptune Meter common..—..—..—5
Nelson
(Herman)
Nestle Le Mur Co class A—
6% May
4% Jun
35% Jan
36% Jun
12% Jan
16% Apr
11%. ,12%
14%
—4
National Rubber Machinery. ........10
National Steel Car Ltd——
—*
National Transit common.——.1
'
Feb
11%
15
National Mfg St Stores
r
12%
33% Feb
7ft preferred -——.
—-25
National Fuel Gas
——*
National Pressure Cooker common—2
.1
4%
33%
15% Jan
13% Mar
14%
14
5%
Inc
National Radiator Co___.——...
Kaiser-FTazer Corp...
Kansas Gas it Electric 7 %
.
3% Apr
May
2%
13% Mar
2,100
!
10%
1
—1
Mfg Co——-.
....
.
Chapman & Scott Corp—
6% ft
Mesabl
——
";i
—.
40%
$2.50 preferred
■
'
36%
common
—
5% '
5%
—
36%
Corp
7% May
5% Feb
7%
16%
..
Participating preferred.—.
Jun
-4% May
'
•5%yApr
-•
^
18
8%
8,000
1,000
22%-Apr
16
Michigan Bumper Corp
.
..^88
•
;
5%
>
24% Jun
Feb
300.
•
__
Huyler's common———
1
j
-?
1st conv preferred—^
1
y ; 30%
Hydro-EIeetric Securities—..^.
—-.j.—#./.
Hygrada Food Products—5 f
—
23%
200
v
•
Jan
19% May
300
88
.
.
'
.
♦
Metal Textile Corp common
Jan
148
35% Jan
109% May
31% Mar
>
.•
22%
8%
22%
i%
Warrants
May
25
yy .24%
3%
"?:>
Jun
26%
"1%
Merritt
•41% Feb
140
Feb
120
33%
86*
80
24%
Feb
£1
convertible preferred
Menasco
19
130
105 Vk
4
Jun
Feb'
20
7% Mar
16%
—10
common
Mead' Johnson
9% Jan
3
33%
Inc new common—5 ;
Refining—
——
25%
22
50
200
Marine
Mfg Co common..
McWilliams
55% Jan
7 % Jun
;
-100 ;
Mfg Co—....—^r—....5
Hussman Refrigerator Co common.—•
May
25
McCord
May
Apr
48% Jun
2,200
5%
11% May
Jun
6
50
7%
43%
*.—*
Jan
11
24%
McClanahan Oil Co common—.... —1
11% Jan
Mar
71
__
&
••
Apr
96
400
McAleer
24
__
Jun
30
25%
24%
__
;
May
12
9% Feb
:
"ii*
(Harvey)
Lock
14
90
v' '
6%
7%
.
Apr'
24%
'
-r:l
>."•
Humble OU &
Hurd
—
——_*
preferred—.—»
Fpb
Jun
Feb
IOC*-
73
48%
v
7%
,
100
98
6
*
common...
& Hardart common
;
—
*
Co
98
6
-
—5
Holly Stores Inc.——.——I
Holophane. Co common—.
—•
11%
73
100
—1
,..10
—
Holllnger Consolidated G M
Hormel
:M
—*100
w—
Henry Holt & Co common
Hoe (R) & Co Class A
Horder's Inc
11 %
>
__
29%
Mar
*9%
17
Co.
(The B)
Marion Power Shovel
Jan •
•
10-♦
«■-<
15 % Mar
18
—1
...
Communication Co Ltd
Jun
9%
10
750
-
5
Mapes Consolidated Mfg Co...—.IIII•
11% May
Mar
8
3,90a
.
13%
—
2
4,500
.10
Co
Mangel Stores common
7% May
6% Feb
13% Mar
:
Public Service
Maine
56% Jan
1%
•
Heller Co common.
2,300
1% Jan
25
25%
..
10
1
Macklntosh-Hemphill Co
Jun
44
Mar
2% Mar
•
400
9%
16%
13%
•
A
:
19%
27%
.
May
19% May
25%
5
7ft preferred A ctfs of dep.——_—
6 ft preferred B ctfs of dep..
Massey Harris
Hearn Dept Stores common—
Hecla Mining Co
19
—
—•
——
Exploration———1
Louisiana Power St Light $6 pfd..
*
Lynch Corp
—
2
9% May
8% May
•
Feb
30
;
.
500
7
8%
14%
16
Jan
Apr
A Apr
24%
,——.*■
Groceterias class A
Louisiana Land St
(Mm
50
;
2,000
3% 1.4V8-!;:, 4,100
3%
__
Hat Corp of America B non-vot com—1
Hazeltine Corp—*—-
9
.
•-
44
r
25
„
8
•—
10
9
15 % Mar '
M
8%
•
May
>
1%
H
Lamp Co
Hamilton Bridge Co Ltd
Hammermill Paper—
May
7
8,600
1,100
Longlnes-Wittnauer Watch Co
8%
Long Island Lighting Co—
Common ctfs of dep
—%
44%; Jan
36% Mar
500
Jun
28
100
%
25%
*
Brothers common—.—
Lone Star Gas Co. (Texas) .:—
Jun
10
42%
:
y
Gypsum Lime St Alabastine——•
450
118
"137% 137%
/
common—25c
States Utilities $4.4(1 pfd
117
a
__
25
Feb
Feb
—
Locke Steel Chain
14% May
Mar
-
9%
23%
A
21
28
5
—
Class B
97/a May
•
& Pacific Tea—
—25
18% Jan
•
Mar
Jan
65
Mar
50
100
10
Inc 8ft preferred—25
Lipton (Thos J)
9%
9%
%
21Va
19%
Lionel Corp—
Jun
'May
18%
6
Tourneau
Line Material Co
% May
6% Feb
100
61
;
91
57% May
9% Jan
Mar
25
Leonard OU
Le
Feb
9%
21
—
Realty common
1
Development—..——25
(RG) Inc.
——.—1
Lefcourt
11%
10% May
28
Jan
X25
*
B————
Machine
——5
La Salle Extension University———5
Jan
Jan
28%
A Mar
54
7%
r
pfd—25
%
,
—
Class
—.5
Company
Lanston Monotype
50% Jan
Feb
42
25
,
22% Feb
84*% Apr
;
-10
,
—
;
•
2% Jan
200
46
%
..—.50
:
...
2%
.
j
800
15
:
1,400
22%
15%
3,700
15%
-
29
22%
15 %
-
Grocery Stores Products
•'
17% May
100
9%
8%
Non-voting common stock
•
7 ft 1st preferred
——100
Hubbell
xl4% Feb
16%
9%
—
Jun
17% Jan
16%
10
Apr
9% May.
Mar
9%
22%
Great Northern Paper—
5ft
14
300
8%
——1
conv
16
Feb
Mar
24%
Apr
6%
1
5 4;
Horn
14
20%
—25
2.50
——.
Horn & Hardart
75
800
,
14
Mar
13
100
.
23
9%
lit Jan
11% Apr.
Lakey Foundry St Machine
.......1
Lamson Corp of Delaware
—5
Lagendorf United Bakeries cl A——*
Gray Mfg Co
-
14% .14%
23%
9y89%
14%
23
Jun
20%
1% Mar
400
Lake Shore Mines Ltd
common
preferred
5,400
12
Mar
Jan
23%
Loblaw
4ft
1A
1%
11%
.14
Apr
1
Class
Jun
4% May
3% Mar
4t500
Jan
-5
Graham-Paige Motors 5 ft
Helena
19
12% Mar
2,200
.
12
Grand Rapids Varnish
Harvard
4%
20%
54
——
$4.50 prior preferred
Hall
1,000
19
4
16%
Feb
——
Goodman Mfg Co:
Gorham Inc class A
Gulf
18%
4
May,
-J'
Goldfleld Consolidated Mines—-—1
Great Atlantic
Jun
Jun
45%
Feb
5
.
Jan
45
60
100
Jan
110%
2% Mar
400
Jan
56
99% Apr
56
45
11
Sugars class A
Gotham Mfg
96% Jan
103
Feb
37% Jan
50
55%
1
High
12% May
Jan
45
1
....
9
400
103% 103%
—10
Knott Corp common
Stores
Kobacker
X105% Jun
21%
•
—1——•
Coal———_
B——
.
Apr
Jun
Low
12
52
(Adolf) Inc common
Class
Mar
5%
Mar
110
100
4%
1
x9>
Feb
84% Mar
-
1%
—*■
Range Since January 1
—•
Glenmore Distilleries class. B
Godchaux
22%
-
————J*
,
Gladding McBean St Co—
Gleaner Harvester Corp——
Globe-Union
175
—1
(D Emil) Co common—...
Kleinert (IB) Rubber Co>—
Sharse
High
11%
19%
100
6% May
—
.
4
*
common
Co—-
Glen Alden
—:
Apr
5% Jun
2% Feb
-
Jun
Low
—
Klein
105%
95
800
112% 112%
—1
Giant Yellowknife Gold Mines
Jan
—5
—
Klrkland Lake G M Co Ltd......
Jan
Apr
36%
2% Feb
50
100
100
5%
5%
?«. 94%
96%
8
9
7% Jan
Feb
27
& Co
Sales
for Week
of Prices
.
Kimberly-Clark Corp—
100
4%% preferred
*
100
Kings County Lighting Ifr pfd B.
100
5% preferred D
—1
King Seeley Corp
——
—1
Kingston Products*.——
—1
Kirby Petroleum—
——
9% May
6% Mar
1,900
200
98
—
,i
7%
8Y8
35%
—
preferred—*
$6 convertible preferred
7%
8%
34%
4%
.
Par
Kldde (Walter)
3%May
'5% May
27 y* May
-
Apt
7%
,
;
Week's
Range
Las#
Sale Tries
'i'
•
-
7%
(;
General Shareholdings Corp com—1
$6
■ ■,
—
__
•»
General Phoenix Corp——
1
General Plywood Corp new com_i.__.50c
General Public Service
500
4%
...
pfd——100
6%
'2%
4%
25%
Friday
New York Curb Exchange
*■*'
High
Low
2%
U-.-i
...
5ft preferred series A
——10
General Firpproofing common„i^_---*
Outdoor
High
■
Amer dep rets ord reg—
—£1
General Finance Corp common—1
General
*
STOCKS—
Range Since January 1
,
4%
—...—*.25
preferred
con#
General Electric Co Ltd—
Sales
Shares
2%
General' Alloys CO-—————-•
General Builders Supply Corp com—1
18
for Week
Range
of Prices
1 • Sale Price
33
EXCHANGE
RANGE FOtt WEEK ENDED JUNE
r5". New York Curb' Exchange ■,•••-"
(2713)
9
10
21%
21%
4
*3%
%•
3%
11%
15
18,50b
20b
12
15
700
6%
6%
-
100
20b
11% Feb
9%. Apr
15
Mar
3y» Feb
2% Mar
8%
Jan
13% Feb
4% Feb
May
17% Feb
10% May
11% Feb
22% Jun
4% May
3% Juft
13% Apr
15% Jun
7
-Jun
34
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2714)
EXCHANGE
CURB
YORK
NEW
Monday, June 21, 1948
RANGE FOR WEEK ENDED JUNE 18
Week's
Friday
STOCKS*-*
York
New
Range
of Prices
tow
Par
New
England Tel & Tel—
—-
.100
91%
4%' " 4%
(
"tVa% convettible preferred_-^_i- —20
'
?
(i
k
i
.
New Park
96
82 y2 Mar
*
Mining Co--.;
—...
71%
•
'J.I
May
-
;•
1%
10
Jan
Feb
6
1%
1,600
'
-m
•>..«
>
85
Mar
i
■
2%
Feb
9
(Texas Corp)
N Y
N
N
Honduras
Si
•
common-,,,.-^—
Co
Auction
Y
"io
Rosario——
s—i
Y
Merchandise,.—
Y
K
14,"
14
Rolls
17%
200
32
May
Jun
15
Feb
14% Feb
19
dep rets for ord
17%
«
-
5%
1st preferred
2d preferred
5%
Class
9%
9%
100% 102
9%
1
100
100
Power common
May
102
optional warrants
Niagara Share Corp class B com..—5
•
Nineteen Hundred
19%
Aeronautical Co
Consolidated Petroleum
Ryerson A Haynes common
1,600
1,900
Feb
600
15%
15%
17%
4,30 0
7%
7%
7%
.,■4,800
6% Feb
48%
,700
33% Mar
American
class A.,.
Rayon
48
*
48
Class B
Central
Northeast
North
——•
common
American
North
Utility
Texas
3
'
:
■:
3%
19%
20%
——1.
Co
RR
3%
—--,.3
Airlines
Penn
300
48
48
Securities....*
Oil
20%
3 ,X'
2%
50
48 Vz
.
Northern States
Power
class A
Northrop Aircraft Inc
Novadel-Agene Corp
...25
12%
12%
20%
20
1
——.
■xt
102% 102%
38%
39
4
Jun
•'
95 %
22%
16
.103
Feb
Feb
2,000
X21%
Ohio
Brass
Ohio
Power
Oklahoma
Old
-50c
Ltd com—
pref——
Co
class B
4%%
Poindexter
?, %
common
Gas
47
ioi%
preferred........100
Natural
Apr
1%
2,100
Distillery..—....—1
Oliver United Filters class B—...
Inc
Omar
Jan
9
20%
20%
20%
300
12%
12%
100
3%
2%
3%
6,400
32%
32%
33%
1,400
—*
18%
18%
19%
700
3y«
3Vz
1,800
18%
18%
18%
y 2%
2%
2%
Steel Co
Shoe
common
...
.
34%..
34%
35
preferred.
—.25
Lighting $5 preferred——•
Pacific Power & Light 5% pfd.-__.100
Jan
24
Pacific Public Service com.—
81.30 1st preferred..
103%
+
:
'i
-
m —
Seton
'•
••
■'"-
'■v.ii.v'fc
Jan
•
23
v
30%
30 %
.
*
Pen
29
' 30%
22%
108.
,v
Apr
Mar
13
Feb
80
I
Telephone common..
81 cumulative
preferred.——
Pennroad Corp common—
Penn-Dixie Cement warrants—
49
•
25% 125%
3
Light 4%% pfd.—
Co
Penn Water & Power Co
::
:
1,360
3
.' »•
5%,i.5%
400
v
49% f
39
;
4%
—
Pharis Tire & Rubber
68
11%
common-
-
Leather
"■
Governor
io
,■„—^
shares
Ltd. Amer
Pioneer Gold Mines Ltd
Piper Aircraft Corp common
2%
1
2
:
;
common—
2%
1,800
3y»
1,600
y
70%
68%
71%
-16%
16%
17
4%
.
&
25c
——..
Alexander
&
Lambert
Prentlce-Hall
Pressed
Co—
Inc
Metals
4%
5%
6
100
Prosperity Co class
13%
13%
2
—•
10
Providence Gas
41%
8%
14%
4%%
of
2%
57,600
1%
10
w
io
-
cumulative
preferred
preferred
100
08%
_._*
•
98%
'.
X94%
X94%
55%
...5
.13%
54%
!v 13
—10
9
.
.
100
.
common
f
98%
100
•
94
93
.
'
■'
•*-'
-.
95
14
convertible
,
79
warrants-
2%
::
V-,
common
x Mar
y
Stlx Dry
,
f-y
k-XXw
5'X-; .X-:'-.;.' iX
I-*1,
t 1
2%
,;i,
2^t
17,900
'
;
5 %'
| 280 ;
a
t
.
,3%
100
w,
29%
-jJ.
•:!
.
California
Edison—x
13%
3%
2,700
1,600
3%
4
9%
9%
ltr 3%:
4%
4%
•
35.
36
Mar
8% May
270 " May
Mar
4
Jan
90
Jan
■v
88% Mar*
y.
1
8%
•29% .Jun
Apr
Feb
x3%
,-4 ^-Mar:
Feb
1,000
■'xt"*'
3V2
45%
46%
2,000
33% Jan
29%
29%
10
v
29% Feb
38%
38%
27%
90
; :
27%. 27%
■
35%
26
1,900
28%
28%
27%
28%
24%
25% x 'xx
8%
600;
200"
48%
300
24%
8
::
'
-
•;~4
48
6
'
-
•
4%'x
''X'x 4:
;
1%
6
h 1%
~9%
..
36?
9%
9%
21%
22%
a;8%-:Jtfh
Feb>
48% jun
.
Feb.:-: rvi
5
Feb
x;,.; 1
8%
2,800
,
3%
750
3%
3%
18%
18%
11%
11%
■
...,A
1% May
Jan
Feb
Feb
27%
28%
5,000
2%
2%
4,500
2%
100
700
)X -;
11%
23% Jan
2% Mar
50
17% Mar
9J/a
3% May
19% Feb
Feb
f^mS-May
'
2%
.
111
113%
Feb v
X *29*u Jan
'3
May
2% May
113% Jun
1% Mar
180
;
7%;;
."7%"
-vx.7%-:
102 f
600
4% :; 4%ix
XX' 4%
25%
,v 1% Jan ;
.
Feb
-
"j
6% Mar
900
8% May
5% Apr
3 Vz
Feb
400
2%
Feb
13,600
1/128
Jun
3% May
A Jun
3% Mar
5% Jan
-
'
3
2%
3
1/128
rl/128
-
1/64
4
66
»
4%
66%
4%
2,100
26%
27
17%
17%
8%
rH 7%'
.1%
240
17%
8%
■
; 1%
7y«
?
68 % May
27% Jun
22
15% Mafv
7y* Mar
900
1%;
5% ;
<X
Feb
Feb,,
,52%
350
'300'
"; 'X
2,200.
8,700
7%.
.14%,; '?•/■ 450
17
& Co common—
17%
13
■.',■■''
Jan
x
7% Ma7
14% Jan
Feh
«
■>
,1% .Apr
13% May
.16% Mar.
400
30
30%
1 1,000
y*; ""1,200.
33%
:X61
6
6
■
15%
16%
3%
—
3%
~T
27%
1,500
10
x
■>,
Inc*
lib:
ii%
p^d———100
V-„--r—2
Jan
■
35.-May
FeJ>.t
4X124%* Apr
A-V il'l-
r,
Jr*
—
T~'i...
19
v..
V19 A,
t,rt^y
2«%.Mjay>.X,f, *H%.jlan
"1,100
8,800
li8%.:Janr^-s"lZ4
i' ..X
ij#an
"11 %' Feb
,
Thew Shovel Co'hew common.—1_—5 "
*
19%
fr
Corporation common—.5
■
.
f'.'y
29.
common..^-—.If-—*
Light 7%
"Mi: fi
.*•»#.
Power &
Jan
15 y2
20% (Jan
?
,v, 5 %Apr - 4fi' 'Jan
Mar
13%"
17% May
2% Mar
325
>
Jan
8% Jan
2V« Jan
5% Jan.;
.
.',1
13%
19%
% .Feb-
U
Technicolor
Texas
4% ' Jkn
Tvf 7%'May-
19% Mar
900
28%
—
Jan
29 %
:>25%.'Feb
.
{
'
21%
(A) & Co common—
T.if
.Apr
28%; Jun
3%
•
300
XV
28 V«
x
Jun iv:.
22% May
4% Jan
.
XX 100
;
May
.
28%
1,000
6
'
17%
■
rJun
41% May
24% May
28%
;&ya
Jan
1,800
3,400
28%
rights w 1
(The) Corp.—-1
(S)
:
31% Feb
,
—*
:—_1
...
47
■;X
"
...2%
.———
May
10% May
r* A% Jan
: r
Feb
45%
4%
•
906 ;{-X 7% Feb
'
14% Mar
/
,
2% Mar
1,800
4%
•
25%
29%
10
.
Texon^Oil & Land Co
3% May
Jun
'11%xJ«9
3% Jun
x X
25
12%
:
29%
3%
13
"Taggart; dorp common..;
Tampa Electric Co common.——,—•
'
5
14% M^r ■
375"
20%;
-<m
..Feb;,
28%
"28%
36
34%
36
52%
52%
50
9%
51,000
~9%
8%
23%
<
23%
,•
4;;,8-,.:
1
*
13%
May x
225
:
66%
Thor
Engineering-.,^....^ ,'".26
3%
-
original preferred———25
25
20%
*
-31
30% Mar
900
•
36
Jun
52
5%
Jun
-1% May
* Jart
JunH
28%
'500'."
1,000
18
*
r
V
May,
May
,
19
55
Feb
9%
May
.
Tilo
29
s;"
24
5.
2%
,25
1,500
j
'2V3.
,26%
30 ya
:.2,20p.a>
-500,..
^
5;5Q0
200
.
,
19% Mar
3% Mar
,1%, Apr.
;8% ^eb ^
Realty
Tivoli Brewing Co
-Mar
Tobacco
Jun
Tobacco
25%
Apr
,5% Jan
,
,
24% Mar
3% Jan
26%, Jun
32
May
,.
'
1
14%
14%
15
Construction1——1
16%
16%
16%
Roofing Inc.———.
Tishman
Amer
see page
35
May
17% Jan
Apr
,1X
H-
1% Feb'
.
;
14% May
:.
x-.iv
Cir
V.28%'
—•
Co.,.
Goods
JFor footnotes
1,800
"T > 151 rOsn
(Si (S !,v 4 4k X
4
108% Apr
; 22%
Apr
7%
Jun
•
5
Regal .Shoe Co—******—1
Rice
8
"
7%
,
—
(Howard) Paper Mills——'—*
Co.—1
Swan Finch Oil Corp
-
*
Reed Roller Bit Co
Reliance Electric &
8%
.100
Corp.—
——*
Ray Drug common——25c
Superibr Portland Cement, Inc.——-*
Superior Tool & Die Co
1
'X'VXi
t
Feb
>
i
Rels ^Robert) .■&>
-£1
Sun
!i-•>»'» fi,'
*<'
Mar
x96
Jun
1 144
Jan
18% Apr
12% Mar
y 500
235% - r255% 266
NTanufacturlng Co——---.1
Sunbeam
Jan
tj}J
-SOO^ia 12
;
r
•••
preferred
Raytheon Manufacturing
104
May
16% Jan
76
Jun
Mar
800
y :
4
20
,
1
?:,8%Feb
.x
X/'
-v-'
I
May
15% May
Feb
62
(Hugo) Corp.—VT——
Stop & Shop Inc.———
55% ,Jun
100
13%'
13
6% Mar
preferred.;^———
Stroock
Feb U,.Y
750
H- '*
Railway & Light SecuritiesVoting common
.———10
Railway & Utility Investment A...—.I
Rath Packing Co common.
.—10
Raymond Concrete File common
•
83
7%
"lioo
i
.■■■•»•,.:
Jun
1 % May
.
;
—
X.
98% ^un
'
•j:
Jun
V'f'Vj.Xj?
149%
■>,; 13%
V
,
.
Radio-fMith-Orpheum option
12%
/• x 110.
16%
8%
x
Stein
V 9% Mar
;
225. ;;:.,vi2vw> Feh
300
6% Mar
XX'
4
x"
"■
Feb
11%
97% Jan
300.,,;, 36%
8
149
—*
""
■
13
•'Vx^
Sterling Aluminum Products.———
Sterling Brewers Inc—
{Sterling Engine Co—-.——
Sterling t Inc—
Stetson (J.B) Co common—
:
May
Jan
13%
:
87%.;"jun
5V2 Jan
".■;ri6X' 'Feb
16
Steel Co of Canada—
Apr
11,
Jan
55% v,
'
i'''
1,800
106% 107%
16
Class B
May
2%
,
Mar.
;, 90
,
';
2% Feb
——-i—
Amer dep rets ord regis—
City Gas & Elec Co—
3.90%
Starrett
Apr
16
.
Jan
94%
125
96%
X'XX;". 8
100
Quebec Power COi
.
May
8%
■
-
8% Jun'
;
..
900
*
Ltd——
Breweries
Publications—
$3 convertible preferred
14% May 1
Feb
9% Feb
1%
200
3%
*
-*
Standard-Thomson Corp.—1
Standard Tube class B_————1
44% May
100...
* ;
Qii
preferred...
j'*;:
15
■
93 %
•■A
[' -T.l.
Apr
Feb,
<
14%
2%
Jua
'85Jui)
May
14%
X
100
—-—
Canada—y
of America class A—
preferred
Standard Products Co.
Jun
6V2
Mar
X:,
Oats
18%
Jan
6%
% Mar
2,400
$7
Jan
5
Jan-
,
4% May
27%
1% Feb
100
Stinnes
Pyle-Natlonal Co common
Pyrene Manufacturing—
6%
'
Colorado—
Puget Sound Power & Light—
85 prior preferred
Puget Sound Pulp & Timber
Quaker
Jun
May
37
50
•,
•
Service
Feb
18
9% Mar
100
8%
Public
11
400
14%
——1
B
41
72%
Jah
3%
50
.
41%
8%
1
Producers Corp of Nevada
X;
Jan
87
*
2.50
America.
Mar
4% Mar
1,000
l.lOo
13%
—
4
13%
14% Jan
13
13%
3
900
74%
Spencer Shoe Corp—..—4*
Stahl-Meyer Inc.....-,...—^
Standard Brewing Co.——^—i—
Standard Cap & Seal common.—.
Convertible preferredStandard Dredging Corp common
♦1.60 convertible preferred.
Standard Forgings Corp.—.....
Standard Oil (Ky)
Standard Powej & Light corn-
Mar
Feb
58%
8%
100
common
of
A"'\
common.. —2.50
Power Corp of
Canada common.
6% 1st preferred
Jan
"215
Mar
>39
—10
Mining Co.l
Fowdrell
Jun
9%
Feb
790
800
1%
71%
cc-mmon—
Common class
Pleasant Valley Wine Co
-Vww 1
Pneumatic Scale common——
Polaris
11%
Feb
3,500
Jun
Jun
2
-
5% Jan
29%
xll
1,200
.■■?'■
75% Mar
3%
2%
preferred—-—-—.—25
;
4.56% conv preference.
25
4.48%^ conv preference^-—25
4.32% cum preferred..^—w——25
Southern Pipe Line.———---1
Southland Royalty CO
———5
Jun
2?a
,
Feb
4%
72
-
Feb
22
50
—25
Southern
x
11% May
8
Jan
8% Jan
6% Feb
300
500
12%
>..
-j.—
—
Southwest Pa Pipe Llnei—
Jan
67
3% Mar
200
r
&
12%
2
Pittsburgh Bess & Lake Erie RR—50
Pittsburgh & Lake Erie
50
Pittsburgh Metallurgical common..—5
"•
Feb
2,300
•,
s
7%/::
74
;
Feb
10% Mar
South Coast Corp common..——1
South Penn OH common
12,50
»
6% May
64%
V 9% Mat"
>"100*
29%
—1
Pitney-Bowes Inc.
Pratt
4%
io
7%
common
Pinchiri Johnson
11%"^
24% Jan
1% Mar
3%
3%
Soontone Corp—.—————1
Boss Manufacturing common—
Jun
7
May
6% Jan
r-
Apr;
48
20% Mar
-1%
4»/4
4.8$^ cum
1.000
;
Jun
Jun
2% Jan
.
Mar
200
66%
4%
Philadelphia Co common
Phillips Packing Co
Pierce
.
4%
'
3%
19%
Feb
13%
900
Solar.
i'
Pep Boys (The)
...i.
Pepperell Mfg
Co.—.—■—I.—,
Perfect Circle Corp
x_——
87
Solar Aircraft
^
,
3
May
108% Jun
4'%. Feb J
p 450
;
2
Feb
Sioux
26% May
.
Apr
Apr
101%
,150
*
47%
.2
16%
x
200
/
15%
Smith
Jun
49
-
200
84
20
•
24% May
23% Jan'
y
83
May
113
Feb
XX5% Mar
-,'..4 i Feb
7.200
108% 108%
.....
100
!
,
6%
;• 4%4": 5
Penn Gas & Elec class A
common
Penn Power &
Penn Traffic
6%
•7
19% Jun
1% Mar
;
2,250
19%
Jan
.
31
v
42'/a Mar
".(CJ 50"
Feb
Feb
2% Mar
8,900
15%
y
Jun
17% Feb •
150,
Jan
Apr
27
100
;
4%
26%
Corp -common
Radio
21%
4%
25%
87
Simplicity Pattern commonSinger Manufacturing Co.
Singer Manufacturing Co Ltd—
i. i
Peninsular
21%
4%
25%
15%
X:
Jun
19%
1,100
;
25%
30%
23
450
22% "
113
Apr
Jan
Febv
11
Co.—.
—.
f.—5
Parkersburg Rig & Reel———:
1
Patchogue Plymouth Mills.:—_——•
■
25
Simmons-Boardman
15% May
■
Mar
10,
43,200
2%
3ya
Feb
4% May
3 y« Jan
34
Jun
5,600
.5
Silex Co common
Jun
96
23% Feb *
200
.
18%.. 19%
32
104%
.
12% Mar
.
Page-Hersey Tubes common..—
♦
Pantepec Oil of Venezuela Amer shrs—
Paramount Motors Corp.—...i———1
Parker
Feb
'
Apr
30
Mar
101
30
12 y4 ^ Jan
-
10%
400
.
20
Slck's
10% May
y 32% Mar i
y-i
.■
3
400
.
Shawinlgan Water & Power——*
Sheller Mfg Co
——
—1
May
^91
103% 103%
£?>
3
.
.1
stock
Shattuck Denn Mining—
May
13
29
Pacific
.
Safety Control
Serrlck Corp class B
Jan
6% Feb
1,200
5%%' 1st
2%
*
Co.—...
Industries Inc common-
Sentinel
4%
^^M'wwSOd.'
g38% Apr
2% Mar
2
3%
3%
Shoe Corp
8%
800
3,800
1%
Sherwin-Williams of
'
13% Jan
27% Mar f
7% Mar
,1% Mar
3%
Sherwin-Williams
Pacific Can Co common.——
-5
Pacific Gas & Elec 6% 1st
pfd.,.,.,..25
8% Mar
2,700
2,200
17,800
Jun
17%
7% Feb
15
X
38%
3%
Jan
13
14% May
O'okiep Copper Co Ltd Amer shares—Securities.................—1
10%
12%
'
r3%
Sentry
38% May
Jun
13
Overseas
9%
1
common
(Del).—.
Inc
prior stock
Allotment certificates
Semler
(R B) Inc—
Jun
48
Apr
6»/a
•
1
....
Jan
Jan
109% Jan
Apr
30% Feb
1,000
7% Apr
11% Apr
6% Jan
—_.25c
United Corp
Oil
——
1% May
104%
140
4% Mar
5%
Segal Lock & Hardware————I
Jan
13 Vz May
Feb
33
100
.47
108% 108%
37% 38%
15
conv
$5.50
1%
300
5%
11%
Convertible
XV1%.
7% Mar
Securities Corp General———.——--1
Seeman Bros Inc.
*
O
common.
3% Jan
6,200
11
37
Selby
Corp
11% Jun
2,400
6
10
10%
Selected
Ogden
jan
6%
6
—...
Jan
42%
7
16% Apr
Sayre dp Fisher Brick Co.—-—.——1
Schulte (D A) Inc common
1
Scovill Manufacturing
—25
Jun
Feb
4,200
13
14% Jan
11%
Savoy
3% Mar
Feb
34%
1,200
.7% Mar
225
37%
Samson
May
.
97
25
1,700
•
flcullin
Northern Indiana Pub Serv 5% pfd.100
Feb
5,800
8%
16 %
50
A $2
Class
21% May "
Jan
90
10
Jun
'8%
39%
8%15 Vz
Salt Dome Oil Co.1.——————1
Jun
48
Apr
Mar
2%
1,700
95
95
2ya
115<
2,100
39 Vz
Jun
f>y< Jan
•
Mar
33
300
:
17
13%
Feb
x,,.',7% May*
•
North
25y4 Jan
9% Feb
36%
10%
Ryan
St Lawrence Corp
North
24% Mar*1
1% May
18%
13% Mar
North. Amer Light-'& Power common..1
V
•
4 % Mar
100
Jun
20
% Mar
.1
Noma Electric
200
10
1
Ryan
10% May
12% May
9 y« Mar
12
1%
..
1,800
4%
25
-1.25
Fifth Ave common
Russeks
11%
1%
Mar
37% Apr
Jun
Jan
20
.19%
Mines. ******* *• ****** ****** **** ****** *m ** ** **,-**5
Mar
93
3B
Jan
8Vs. Jan
2% May
.
Jan
8%
15%
May
3,900
1% Jan
87
12%
12
4%
—
1
10%
11
11%
Corp class B—1
Nlies-Bern en t-Pond
Nipissing
12%
common
10z
10%
10%
9%
Corp
Oil Co Ltd
117
4,400
60
-23
Electric Steel Co..
(The)
Rowe
Apr
12
5,100
4% May
25
Feb
X92%
%
B
2%
91%
High
3% Mar
reg.
% Mar
92
800
390
101
10O
Feb
7
48,200
2%
•
Co—.—
Petroleum
Root
Roy a lite
Niagara Hudson
1,400
com
new
Corp common—
Field Inc
Roosevelt
Rotary
..l
Low
4%
90%
2%'
—
pfd F—
Cable
Rome
Jan
Shipbuilding Corp—
Rounders share*.
Range Since January 1
■
High
4%
Royce Ltd—
Amer
*
May
10%
13%
100
17%
.10
t c——
v
„
Co—
Pendleton Inc
&
Roeser
*
Jun
27t4'' Feb
s'adaa
—
Gas
Rochester Gas & Elec \%
"
N
Valley
Grande
4%
Shares
Apr
Feb
75
'
Jan
10% May
-
<>-WW'*
'
•.
New Process Co common—,——1
12%
72%
Mar
59%
7,400
2
Rio
Jan
6
Apr
•
'''
Ht
3,200
8%
-
',>W
1%
'
72%
7%
-.v.S'i
X,
twOAj
|
i
■*,'
*
72%
3%
100
tow
—1
Richmond Radiator
'
4%
25
New Jersey Zinc——
—
—1
New Mexico «5f Arizona Land—
'
250
Pair
High
Low
...
Sales
for Week
Range
of Prices
Bale Price
"
New York Curb Exchange
Range Since January 1
Week's
Last
STOCKS—
Shares
High
: 90
90%
•
—1
Clock & Watch* Co
Haven
New
Friday
Sales
for Week
Last
Sale Pries
•
•
Exchange
Curb
&
Allied
—1
Stocks
1-.
Security Trust Co Ltd—
dep rets ord regis
Amer
7
7
.....
•
52%
.
1,300.
400
:
53%;
?rl2%:,F^b,x^
,V 11% Mart
200
20
7
•
....£1
—
•
'
'
,
126
4%
—
4
98%
'1%
128
4%;
99%:
1%
300v.
4,700-
lOO*
'400
.
.
45 ^^May
A^^May
■'5% Feb,
49%Mar-, :
6%
...
5s
dep rets def regis
•
Shipyards Corp
Toklan Royalty Corp.——**
,.—70c
Tbledcf Edison 4-% % pfd_*._'———
.—100
Todd
Tonopah Mining "of Nevada.'
.
Feb
,1%
Feb
7%
54
Apr
May
7% Feb
v
*
1% Jan
3Sf
Febjj
:v„v4 £' JOn t
y 9??;
Ja%x
1
Mar
n'
.
'
*4% l3jun
99%
.
Jun
1% May
Volume
THE
Number 4709
167
COMMERCIAL ;&
NEW
YORK
RANGE
-
Week's
Friday
STOCKS—
New York
Curb
Last
CURB
FOR
JUNE
18
Friday
BONDS
Shares
Range Since January l
New
York
Curb
Week's Range
or Friday's
Interest
Last
Period
Bale Prlee
Exchange
,
Bonds
Bid ft Asked
Sold
'
Par
Lux
Trans
Trunz
1
Low
5 '/s
5%
1,400
4% Mar
6%
3%
37/a
2,400
1%
convertible
29% Mar
Finland Residential Mtge
Apr
31
6'/a
71/4
700
6
Feb
9
Jan
10 %
10 %
300
9% Mar
12
5s
Jan
1961
M-f
Grand
4s
1950
J-J
3%s
1963
Trunk Western Ry
Green Mountain
Power
Corp
Chemical
of
Union
10c
2(4
2%
2%
700
Jan
2%
1970
M-lf
4%
4%
5'/a
2,900
4% Mar
6%
1953
J-D
Apr
7'4
7'/a
7%
4,200
5% Mar
8%
Jan
Investment Co
Apr
6%
Jan
96%
97%
400
91% Mar
97%
Jun
58
58
10
57% May
62
Jan
1%
_4
—
6
A6%s
United
Aircraft
United
Chemicals
United
96 '4
100
Corp
Products
50c
com
Milk
Products
4%
34
6,000
70
66%
69
3%
38% Mar
8,900
\h
•fir Feb
31%
10
A 7s
A
,
20
19%
20%
5,100
20%
21%
9,700
17%
Feb
50
19%
Jun
30
Jan
40
23
Jan
20%
Jan
;
5% May
249% Jun
1
•
25
"
~
25
Feb
16
20 %
Amer
dep rets ord regis
5% May
100
...
United Profit Sharing com
10%
United
Shoe
55%
25
55%
1
common-
10%
56%
41%
10%
10%
1% Mar
600
.
200
3,775
10%
54% Mar
Jan
62%
,41%
10%
Jun
I
3%
Jun
j
j
Apr
103%
105%
j
4
17%
27%
27%
27
27%
29%
60
17
27%
27%
"l
17%
27%
27%
4
16 Ya
*27%
27%
27%
2
17%
27%'.
27
27%
6
17 7/8
27%
62
64%
30
55%
64%.
25
j-j
27%
27%
/-A
64%
25%
2
1
1947 coupon—
Valley
_
*13
1963
J-D
-.1969
28%
16
21%
-21
*
J-J
,,
17
18
25
4
*104%
108
•
,
108
107
109%
103%
*102
W-k
1956
RR-
•
J-J
1966
...
3%s—
t
20
„
101%
102
;
■'
•
,
10c
S
and
$5
1st
4,500
3,400
._•
-4%
warrants
•
84%. 85%
1
16%
17%
2%
2'4
;2%
2%
2 % Mar
700
with
U 8 Rubber Reclaiming Co
Stores
3%
16%
16'4
Securities
International
preferred
3
3
1
U S Radiator common
15%
4%
1
Corp com
50c
.
1963
A-O
1967
lf-fl
England Power 3%s_—i._i—1961
4s
—2004
M-N
to—
4%s
66%
4
104%
14
66%
104
104
58
Universal
-
—-10
!
Insurance
Universal Products Co
64
11%
Feb
105
104
107%'
;$
New
Feb
19% May
3% May
70%
Feb.
86
12%
Feb
200
1%
Apr
500
■5
2%
Jan
1%
4,500
75,
;
,.—10
Sugar
Utah Power ti Light common
6$
21%
27%
5
-
90^
63%
21%
=
10
common
Utah-Idaho
NY & Westchester Ltg
f
■
J-D
-*105% 106%
'•
103%
•
-
103% 103%...
-
Ohio
27%
ti
y
101% 103%
23% Mar
2%
3%
4,300
22%
W 400
29
2%
..
Feb
May
Jan
3%
A-O
103
\
103
91
105
101%
103%
5
-
82%
*104% 105%
:
..
Public
|
Jan
f
Hydro-Electric
Service
6%
>
..
*105%
of
New
92
'
103%
106
19
34
perpetual certificates
24%
' v
$4 convertible preferred—
Venezuelan
5
u
Petroleum
81'
1%
1
Venezuela Syndicate Inc.
8
81
7
Mar
80
Apr
98
19,800
—20c
5%
:4%
3%
>5,800
_•
14%
'14%
14%
5% Feb
24%
;.j
-
158%
157% 158%
15
140%
158%
100
A-O
99%
M-N
*99%
Lt & Pow 6s B———1952
Jf-8
*113%
113%
A-O
100% 100%
1
97%
101%
M-S
104% 104%
36
101%
1051/4
104%
105%
101%
105 %
mtge 3s„„——1951
California
Edison
1965
3s
-.1973
Southern
Jun
*
California
Counties
Gas
3%s
*12%
Feb
Gas
A-O
(Calif)—
W
Waco Aircraft Co„
•
.
2%
Wagner Baking voting trust ctfs ext.*
preferred
—i
Waitt ft Bond Inc
$2
.
Watch
West
10
Westmoreland Coal
37%
9%
152
192
•A'-
23
Wilson
common—.
—1
5% preferred w w
Winnipeg Elec common-—..
—..__•
21%
100
101%
.—2
12%
—1
18%
Industries
TO
15 vf;
23%
-
Ternl
Apr
2% May
140
■<
Apr
161=
r
10
1940
1
Waldorf-Astoria,
Hotel—
Jan
West
Penn
Electric
West
Penn
Traction
14% May
18%
13%
12%
100
3% V 6
''10
2,000
11
Feb
Feb
17%
50
14
Jan
21%
400
'17
Feb
95
Jan
A102
,10% Mar.
14
19%
7% Apr
9%
~2%
6,700
13
"2
2%
19
Interest
.
Period
yx
1970
Mar
i
Last
or
Sale Prlee
Bonds
Friday's
Bid ft Asked
J-D
1953
:1964
1
6s series C
99%
Jf-N
.
A
99%
102%
Low
10
j-j
A
:
99%
,
.1950
A--'A' I.
}110% 111
*155
J-D
1948
J-J
M-S
Cities Service
1966
18
t
Danish
York
Curb
—
Jan
Debenture 5s.
1958
Debenture 5s
1969
1977
J-J
91
■
94%
109%
Sale Prloe
Gas
*
93%
103%
91
1976
12
82%
33
106%
253
105%
103
7
87%
95%
104
78
88%
*105% 105 Va
Jf-N
y
1954
;
102
*99% 100%
98%
*99% 1015
105%
104
105%;
106%
-
172
101
97%
100%
>03% 109
Eastern Gas ft Fuel 3%s
Si'" i
>=
•
f * 1.
...
112%
Jtf-N
1993
May
1963
„.1950
64
55%
64%
44%
J-J
45%
29%
97%
103%
102% 102%
M-S
*110
..
113
46
112
~
25%
*13
25%
25%
Low
High
'
.
/;•
61%
65%
62%
1
*63
35
*70
so
2%s
31%
39%
58
3
38
35
84%
78
/
m-n
1955
1953
70
"4
60
6
12
0
8
*12%
14
—
12
15
m-n
*25
28
j-d
*36
39
67%
F-A
6
6
j-j
Md
mm.
.
—2008
1951
30
32
39%
*42%
i-
j-d
...
,,
42
44%
*25
A-O
Jd>
42%
*42%
If-N
1947
Oct.
24
■
22
22
t
0
21
6»
81
25%
20
.,.,.25*-'
2T
15%
13
67
65
,,
'
l
44
i':,
stamped (Plan A)
/
Interest reduced to 2%s«
j-j
2008
(Republic of)—
2 %s (ser ABODE)
1997
Rio de Janeiro stamped (Plan A)
Interest reduced to 2%.——2012
ARussian Government 6%s
1940
25
mm
15
J-j
is to
,24
j-d
.
3
3
13%
15%
18
24
35
3%
3
j-j
4
24
"3
m -S
1921
'
3%
^
,
2%
3%
70
2%
3%
113
63%
45
No.
High
63
,
63
j-d
6%s staraped.1958
7s stamped
(issue of
par
31
vaiuo.
m uavuvu
ucuywi
—
^
— -
-----
(not included in years range),
f
Under-the-rule transaction (not included In year a
(not included in year's range). x Ex-dividend,
y Ex-rlghts.
Odd-lot
principal,
1993
Range Since
Jannary 1
61%
Low
63
'V
Sold
(Plan A)
A5%s
*113
Bonds
-
f
transaction
n
•Friday's bid and asked prices; no
A Bonds being traded flat.
rang#).
sale* being transacted during
certlflMtM of depOTlt;
x
Kx-stock dlT.
Transaction
for
h Excash
,
current wee*.
..
il
.
f-!!
Range
Friday's
Parana
•••
o
A6%» with Not 1 1040 coupon..1953
A6%a ex Not l 1947 coupon
1953
'r
or
j-j
1927)-—
1947
AMortgage Bank of Chile 6s—-—1931
Mortgage Bank of Denmark 5s
1972
A7s
-INO
Stair* Water Lt & RR 3s
Sreole Marelli Elec Mfg Co—
(Peru)
City
A Me dell in
•
A-O
Delaware Lack ft Western RR—
Lackawanna of N J Division—
1st mtge 4a ser A
A 1st
mtge 4s ser B
\t
a-o
stamped—-—1952
Mortgage Bank of Bogota—
A7s (Issue of May 192T)
107
,
t'
!
'
.
105%
105%
r
f
—
Interest reduced to
102%
93
6%s
Maranhao stamped
168
81
73
86%
A-O
City)—
77
94%
106
-J-J
—1981
mtge 4%s
^
103% 104%
86%
J-D
..1962
(Bait
99% 103%
Bid A Asked
Peru
—.1969
2%s conv debs
Gen
90
(Bait)—
ref mtge 2%s ser Q
ref 2%s series R_
5s
AExternal
111
98%
16
Week's
Last
Period
:
:
Danzig Port & Waterways—
106%
162
-
102%
■
1st ref mtge 3s ser P
Consolidated
A-O
5]/aS—
External
100
103%
,
103%
104% 104%
If-Q
Debenture 3s
■
Ut
*'
Interest
Exchange
Municipal Loan—
Cons
External
108
92%
96
,
166
102
M-8
1st
V100 i • 100
tr
,
•:
Agricultural Mortgage Bank (Col) —
A 20-year 7s
...April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s—
1948
A Lima
Q~r
1954
1st
120
f.
'
f
J-D
ICentral States Electric Corp—
(20% redeemed)
A5%s (20% redeemed)
•
'
100
N4
107% ..j
167% ;
117
121%
*119
J-D
■)
79
106
102%
.;
106% 107
106%
A-O
.1960
5s
72
79
79
*107%
J-D
Friday
=
A
27%
Foreign Governments & Municipalities
High
102%
A. 72
•105% 106%
•
I960
—1970
.
102% 103%
1998
;
2%s
Gas El Lt ft Pwr
18
3
25%
Apr
January 1
No.
High
106% 107%
J-J
1955
Telephone of Canada—
Consol
38
103%
May
,Bange Since
Bold
*
*
4%s_„
Assoc Tel ft Tel deb 5%s A
Atlantic City Electric 3%s
5s_.
102%
22% May
Week's Range
Low
Si, A5s
12
*13 -
M-J
.2030
May
18%
;
2%
Appalachian Elec Power 3%s
8s
20
Jan
:> 500
Friday
Steel
19
18
27
=r
Jan
12%
A'
;
,!
—£1
BONDS
Edison
26%
102% 102%
•
Jan
Feb
y '60'
,12%
16%
—5s
New York Curb Exchange
Bethlehem
•
7% May
21%
101% 101%
:
102%
118ya
12% Mar
■
Boston
.
25%
V
Bell
30
.
.1954
5s
Jan
Ltd—
Electric
21
22%
$16%
BONDS
Associated
•'-3
26%
Newspaper Union—
New
y:y.y
22%
1
May
11%
17%
•
:
—
6s conv s f debentures.—
V 24% Jun
Feb
3%
30%
102%
J-D
•
Western
4
6%
income debs
A 5s
16% Jan
9 % May
75
22
^
A-O
Washington Water Power 3%s— .1964
800
12
'"5%
Jan
200
63%
2
105%
96%
114%
"
Apr
: 9%
3
22%
100%
Co—
25%
y 17% Mar
66
22%
coupon— .1958
39%
Feb
65
...
A 7s ex Dec 1 1947 coupon- .1956
29
100
3
A
Jun
1,400
24%
10
25
American deposit receipts
6% preference
;
Wright Hargreaves Ltd—.
\r. -
Mar
I*00
!
May
May
Electric Service
with Dec
A 7s
May
115%
.
3
102
119
105
A 6
United
10
Feb
105
102
A-O
% s with Aug 1 1940 coupon .1953
1953
A6%s ex Aug 1 1947 coupon
.1940
United Electric Co of N J 4s—
10%
9%
9%
*
Woodley Petroleum
Woolworth (F W)
<24
5
Inc
Hydro-Electric Co—>
Jan
Jun
6% Mar
30
j
>;
101
*116
A;J-J
—1946
33
16%
14%
—1
Woodall
A7-4s,,2nd stamped—....!
^
6%
13
•
Jan
•98
*
21
■
'
pfd
;
375
-
16'4
1
Wisconsin Pwr ft Lt iVa%
Industries— '=
*•125
37%
-21
Wichita River Oil Corp..—
Wlckea (The) Corp..
Williams (R C)ft Co...„
Wlllson Products Inc
Brothers
•;
300
\
(Hugo)
25% Mar
37%
21
l
——_
600
'
1966
6%
2% Mar
7
••
:
Jan
'•••
8% Mar
$
,99% " 99%
:
A-O
.......1946
1% Feb
2,200
;;'2%
Feb
2%
'
20
.—10
& Co
4,600
6%
110%
Apr
112
n.
(Wm)
Feb
10
'
101
4
Stlnnes
Jun
trust
2% Mar
200
4
9%
..
Western Maryland Ry 7% 1st pfd—100
Western Tablet ft Stationery com
•
Whitman
10
1%
106%
F-A
1989
.—..1950
(Hugo) Corp—
3rd stamped
A7-4s
3% May
10%
107.. May
-2%
_1.23
preferred—*
—
-
A
'
Feb
'
.—1
Weyenberg Shoe Mfg
f. 8
.200
5%
5%
Westmoreland Inc
1.000
3%
3%
Manufacturing
$6
10%
1%
\rJ,
l
Texas Utilities
200
..
V';i% rV/s
—30
Co
Ward Baking Co warrants
Warner Aircraft Corp—
Wentwerth
XlO%
l
preferred——,
cum
Waltham
2%
•
.-100
_
—
collateral
5s
Btinnes
.2%
—
104%
M-N
(A G) 5s
Corp Inc 5s—
103%
100
—
104
104
j-j
AStarrett
98
A:i,A=',
1st mtge 3s—i—A———-..--.-1971
Southwestern Gas & Elec 3%8—1970
15% May
1
99%-
*105
j-j
1970
Spalding
Vogt Manufacturing
^
113%
Inc
Steel
Southern
Apr
5%
2% Mar
1952
—.—.;
.3%s series A
Jan
9%
-5%s series A
Southern
Jan
10
;
30
"T
8%
8%
7
600
!
-
M-N
—
413
"
-
Jersey—
Scullin
7%
7%
'
.
Queens Borough Gas & Electric—
/'
'•
I
common
'!}
105%
103
San Joaquin
Yalspar Corp
7%
*
108
2
92
,
Co—
A6%S with Oct 1 1940 coupon—1960
•A6%s ex Oct 1,1947 coupon
1960
■'
i
V,
j-j
J-D
—
Piedmont
22% May
19% Mar.
*107% 107%
j-j
3%s
Apr
22,
—
A-O
1970
Jan
67%
3s
1968
1871
Lexington 1st mtge 3s—,—1964
Pennsylvania Water & Power 3%s_1964
3% May
y,'-
Jan
mtge 3'As
Park
j"
18% May
19% Mar
50
22%
2%
•
38%
50.
'
1st
;
May
3
Power
1st mtge
Safe Harbor Water Power Corp 3s. 1981
*?■
f
67
102%
v
u
Universal Consolidated Oil—
'
j
'
•
1952
1952
Corp deb 4%s
Midland
Jan
Feb
i
7
105% 105%
J-J
1940 coupon
1
Extended at 4%
8%
;;
!
102%
*27
ctfs
escrow
Milwaukee Gas & Light
38%
103%
100%
1955
Kansas Power & Light 3%s
Jan
50
,
100%
-
Hydro-Electric Co—
McCord
v
300
N
..
*101%
1952
Altalian Superpower 6s
Jan
2
7% May
*
*101%
56
*
Conditioning Corp.*.
U S Foil Co class B
United
1%
l7%
40%.
common—25
,
Specialities
U 8 Air
U
1%
7%
____10
Machinery
Preferred
United
1%
25c
.*
preferred-
Jan
245
coup)
(July 1941 coupon)
Kansas Electric Power
United Molasses Co Ltd—
United NJ RR & Canal
103%
58
A-O
1952
A7s ex Nov 1
Apr
22% May
,19%
102
102%
58
coupon)......1957
1941
A7s with Nov
36% May
Apr
•',[
100%
58
A-O
1957
(Aug
Debenture
Isarco
% May
19%
!
;
Interstate Power Co—
;
Jun
70
1941
1
series F
A7s
21%
7
common
Preferred
61
Sec—
C
(Dec
series E
A7s
4% Mar
Jan
1,500
•
United Gas Corp common
United Light ft Railways
United
4
4'4
*
common
warrants
Elastic Corp
United
series
A6%s
A7s
•
Jan
International Power
Union Oil Co of California—
$3.75 pfd series A
Union Stock Yards of Omaha
■
1
38
103% 103%
1949
A
ser
B
Indianapolis Power & Lt 3%s
Jun
5
•
Corp
Canada
50
101% 101%
J-D
Jan 1949
series
6s
Gas
*42
J-J
Hygrade Food 6s
Unexcelled
High
f
stamped
U
Union
Low
Bank—
Guantanamo & Western 6s———1958
men Realization
Range Since 4
January 1, -;
No.
May
1
;
High
■
Feb
*
com
preferred
Low
4% May
•
Tung-Sol Lamp Works
High
5%
warrants
Inc
80c
High
3%
Corp
Tri-Contlnental
Low
35
EXCHANGE
WEEK ENDED
for Week
Range
(2715)
Sales
■»
•f Prices
Sale Price
Exchange
FINANCIAL CHRONICLE
'
'
36
THE
(2716)
COMMERCIAL
&
FINANCIAL CHRONICLE
EXCHANGES
OTHER STOCK
RANGE
FOR
Monday, June 21, 1948
ENDED
WEEK
JUNE
18
Friday
Baltimore Slock
Week's
Friday
Last
6TOCKS—
Baltimore Transit Co com v t c
1st preferred
5%
B
15%
Cities
207
2
Mar
5
12
Apr
23
300
Jan
305
23
65
Jan
108
May
Jan
106
Jan
305
20
6.75%
New
prior
94
95
100
2
preferred-.
Casualty—
Amsterdam
Potomacc Edison Co 3,60%
105
105
;
D
pfd
_10G
89
89
52
52
10
52
Feb
28%
Jan
Jan
91
.
Fen
52%
49%
1975
>
50%
51%
1975
4s
A
pfd (new).
53
Simons
~'Ti!
10
8%
43
Jun
68
45
Jun
77
Week's
Jan
.—
Par
Gibson
Safety
Razor
Amer
•
Agricultural Chemical
American
Sugar
Tel
American
Tel
&
American
Woolen
Anaconda
-
Copper
155%
LOW
High
High
;
Illinois Brick Co
Illinois
.50
5
49%
Jun
52%
Jun
36%
5
37%
Jan
39%
Jun
Independent
Jun
Indiana
50%
2,055
147% Mar
369
36% Mar
167
53%
39%
■>
30%
40%
-
132
132
12
122
123
100
25
Elevated
Stamped
132
123
Edison
Boston
Boston
100
pfd
158%
\ 41%
41%
Feb
Jim
42%
125
115 i
135
Feb
36%
Feb
18%
Jun
/19%
Boston Herald Traveler
•
Corp...
Feb
28
25%
90
45%
520
{
Feb
48
Apr
43 % May
5%
class
8'h
A
class
1%
cl C
Boston
1st
pfd
pfd
stamped
Personal
Calumet
Cities
pfd stamped.,— ..loo
1st
B
1st
stamped-.
Street
5%
Jan
9
Feb
9
9%
11
10%
11%
27
345
13% Mar
6%
7
156
6%
634
18
7%
Apr
61%
84
i_ —100
___.
88
Employers
Lines
Inc
Group
:i
.—100
•
common
21 Va
-
•:•••
•
Assoc
•
Safety
•
Razor
W
i/
35%
..
15
L
•
Theatre
RR
25
Mfg Corp
Narragansett
1
$1
1
100
Mills
National Standard
21 Ye
Jun
23%
Feb
North
20
Apr
26%
Jan
Oak
26 %
Feb
33 %
__
25
370
49% Mar
58 Va
1,739
31% Mar
t
_
28
39 % May
58
United
U
8
;•■•
/
Feb
,
4
600
3%
Jan
4%
American
Feb
59%
Car
Bancorp
Jan
6%
prior
Circle
(The)
Rath
Jan
16
6%
Feb
51%
170
31%
Feb
13% May
55% May
51%
117
41% Mar
54
Jan
30%
"35
19 Ye Mar
30%
Jun
Sbellmar
12%
200
10
13%
Jun
21%
'
Feb
884
11%
14% Mar
21%
30c
54c
Apr
3,775
Feb
10% Mar
South
Prod
Bend
91%
13%
66c
415
v
83
Mar
96
May
10%
Apr
Corp
Feb
85c
30
Feb
40 %
16%
Feb
Stone
22% May
6
-
•
•
14 >/a
6
360
3%
Feb
14%
14 Va
10
11%
7 Va
98
5%
Feb
14%
55
•":•;
55%
*
14%
60
17%
655
39%
248
34% Mar
41
41
375
35% Mar
42
54%
•*
Swift
Jan
55%
55 Va
Feb
15 % May
17% Jun
11% Mar
4,498
56%
13%
600
48%
Feb
.
56%
54% Mar
62%
31%
90
38%
85
13% Mar
15%
Jan
31%
33'/a
766
Feb
33 %
Thor
-208
Week's
28%
20
28% May
29Va
Jan.'
37%
50
32% Mar
37%
Jan
Sale Price
Range
Corp
Shares
i
•
Feb
May. j
64% May
26
750
Mar
19%
1,250.
9%
9%
23%
-10%
6%
.
15%
100
14%
73/8
*10%
V
•
..
Apr
16%
1,900
;•
700
:>
Feb
-
40
200
33/4
Feb
26%
9%
Feb
100 I
155%
11%
25%
26 %
1,350
155 % 156%
1,000
-
250
-
15%
28%
28%
30
148
-
250
14%
1,100
x26%
Jun
158%
Mar
113/e Mar
Jun
Va
2%
650
1%
Feb
6%
7%
550
Automobile
6»4
Feb
3
4
4
4
6%
6%,
15
:
40%
capital..
41
>
-
12%
•33%
34%
1,150
29%
30%
J.7.%
26%
0
7 Va
•>
3
-
12%
6
350
Manufacturing Corp
3
common,^.
_
Berghoff Brewing Corp
'Binks Manufacturing Co capital...
Borg (George W) Corp
Borg-Warner Corp common
capital—,
(new)
*
10
common
Convertible preferred
Cent & S W Dili common
13%
10
11%
Feb
373/4,
19
-
150
12%
123/4
950
13%
1,650,
*13
550
.32%
-
■
17%
11
Feb
I
40
20%
Feb,;,
57%
"17%
.
I'l
l
600
9%
Apr
200
45%
Feb
64
57
57%
250
62
100*
15
17%
750
17%
200
14%
2
*
15
9%
9%
14%
200
2%
-Jun
17%
Apr
9% Mar
200
1%
15%
Feb
10%
Feb
2,700
8%
Feb
Jun
2% May
15 Va
,
:
50
Jun
33
r
;
Feo
3% May
/Jun
•
26
26
33%
343/4
15%
350
if1
19%
•;,•
30%
1.300
15*n
200
,
66
66%
19
.19%
:
16
650
42%
Mfg
12%
com
31%
Jun
Jan
Jan
66% 'Jun
T
-
21 Va
Feb
May
T
Mar
15%
»
200
15%
82%
J
600
68
Jan
37
Jan
48
./Feb
15%
31%
_•
common
300
/:
"'Jan
42%
•
Jun J "
Mar
17%
:;
11
11%
1,050 :
12%
100
14%
200
17%
14
5
25%
./
12%
II %
common.^..-.*
—-—*
2
capita]
33
Feb
Jun ;
17l/8'Jun
*
'--
82%
Jun
•
;? 33 Vs"Jun
13% Mar
so
10
/
18% May
11%
v
13
■
Feb
Jan
14
Jan
14%
Feb;';
10% Mar
,
3%
1
Inc
3%
1,400
9'/a
800
8%
Jun
16%
8%
-
Copper Mining
3%
i , gi/a
16%
700
12%
Feb
5QO
30%
Feb
2G%
I
Feb
100
92% Mar
300
30%
'
Jan
50
•
39% -40%
115
_
.25
Products
.
—
115
37%
:«
37%:
..at■
% -18% k 173/4 7
X
18%
.
.
.
16%
2,500
v
""
iri4%;
(The)
14% >r*
200
14
•10%
9%
•
;
•
.
8%.
9%
T""*7%
£
900
8 Vs
••
"
9'/4
,
41
Gas
40%
Z
Jun
:-t«
-'18%-TJun
197/a May
Mar
Feb
14 V2
Jun
6%
Feb
9%
Jun
Jan
8%
Apr
jv
:,j
New
Yetk
North
Central
American
RR
J
capital
Co
6%
.;
42 Va May
3% Feb
4% Feb
5% -Jan
; e ;;; :".900
20%
21%
3,300
,14% Mar
16%
16%
17 ys*:.
1,500
6% May
12%.Feb
V-
5
;
Airways Corp
Pictures Inc
k
'
...—~2 Va
new
com
Pepsi-Cola Co
1
33%
800
11
21
23%
r'
4%
14%
14%
16%
39%
39%
'40% *
15
13%
15
2,400
..
Feb
5% May
o
18% Mar
3,000
14%
x25%
Feb
8
Feb
11% May
26% May
-
Jun
"900
Jun
17% May
16% Jan
Feb
8%
500
*
i,
21 Va
•
14% Mar
'
5y0
10%
22
Feb
31% Mar
*21'? £
.10
Packard Motor Car—
Paramount
:
5 !-
—
Zl
400
j 4%
;.5%
.
Corp
Jun
700
;
.'• 4%
Light
Jun
37%
4Va
300
42% :
'May
32% May
115
;
Feb
J- 5% Mar
Motors
Jun
16% May
■"
Ill
J.
■
4% May
\ 2% Mar
10
100
23% ''Jan
-' *«■ f
'Pure Oil Co
(The)
• -
common
Radio
Corp of America common—-*
Radio-Keith-Orpheum
1
•
Republic Steel Corp common
Socony Vacuum Oil Co Inc
—is;
10% May
9%:
g%
31
22%
; 7,300
23
200
-31%
21%
700
V,
10,800
1 '
.42
,
-
May
15
IJun
'
7%
Feb
11% May
,
23
Feb
31%
14%
Feb
23
Jun
Jun
.J|
Cherry Burrell Corp common
Chicago Corp common—...
Convertible preferred
Chicago Mil St Paul & Pac vtc_.
Chicago Towel Co common..
5
..1
22%
page 45.
10%
22%
75
13%
14%
1,500
64%
13%
..
see
Standard Oil of N J.J
'
64%
50
10
10%
73%
73%
900
•'*
40
20% Mar
934 Feb
64%
7%
71
25%
Jan
14% May
Standard
66
Mar
Feb
10
% May
80
Jan
Wilson
Spring
Corp common
-United
Jan
Sunray Oil Corp
Corp
&
.25-
Steel
Studebaker
Jun
Co
common
—_
r
88
12%
28 %
-i-
-_i
i
89%
.-.1
14%
14%
3%
"3%
16
91
-13%.
29
I'
"'
500
69 %
200
1}%- Feb
15% May
"2,900
16 Va Mar
29
15%
2,600
3%
1,200
16%
600
r
•»
May
36%
21%
,
Feb
41'-
800.
r
Feb -/
*.
'Jan
-27%
Feb
May
44
//
.i-.-:' '
•'
28%
40
.
.)■
18 %
j 35
-'*
52%
;
.
450
;
31%
«48
42%
-
200
^
Jan :
9%
r.»,
27% Mar
.
Mar
.
53
17 * " Jun
/7%
',r.i
100
15%
33*%
•
Jun
18%
Feb
250
15
9%
34'.
12% Mar
"Jan
37'At- Feb v
.81%
&
Air Lines,
Pan Amer
May
ITS
'/
Apr
; "May
Stocks—
'
16%
14
.•••/.
Apr
32%
v
26
25
dep.
common
Nash-Kelvlnator
Jun
Mar
33
25
Columbia Gas System Inc
Continental Motors
Laclede
15
11%
26
30%
common.
Jan
613/4
51
30%
Farnsworth Television & Radio
General Electric Co
Mar
11%
28%
•
-2% Mar
>
.
-
,8%."Jan
>/*
Jan;;
•;
Jun
/30%; Jun
--•"
May
ll%1Jun
;
17
5
common.—
stock...
Curtiss-Wright
>13% May
9'/a Mar
j
Feb V
*
30
.,
1,500
17
30%
Graham-Paige
Mar
100
1,600
•/
■7%>7%
n
*47%
-Certain-teed
Apr
7% May
17%
*
1
-53
•
^Canadian Pacifid Ry.Co
4%
.
32%
_*
2%
i
common
/J/ 60.
V 3V*
50%
-
30 Va
Indust
-
j;
/May
34 Va.
7% Mar
.
Jan
61%
5
,50c
Feb
4%
19
12%
l
10
3%
36
1
Ring common__L.____._i
Corp :
12%
common.,
300
1,000
-31%
3%
._
42
Mar
25
.--j
Hi 200
12%
capital—_*
47 Va
Elec
i.,
/May ^ i
} 12% May
'
Mar
15%
,
150
;
26%- 26%
:
Feb
26
6,200
/
Feb;'
lO'/s
300
34
j
May
8
May;
•
■
34 Va May
'
32
1,200
12%
—.1
Steel Corp
Atchison Topeko & Santa Fe
Bethlehem Steel.common new—
2 % May
*
j
11% Jan
31
f Jan
27% Feb
41
•
Armco
^
13%
6%
common
Jun
6% May
.12% May
21 % Mar
10
22
27% .Jun
*33%
Safle^/Copp.L
Anaconda
Jun
15%
;
Apr
;,May„i
'24% May :>r
9% Mar
X32%
American Radiator k 8t San com
High;
Feb
5%
ft-
Feb
2,600
2%
For footnotes
..
May;
22%
.10
Jan
21%
2,600
24%
21V4
Alleghany Corp
LOW
35
v
Feb
7% Mar ,,:/,
.
'
American
High
11%
*
5
Co common
Corp
300
20 Va
—
Tool
capital
Westinghouse
Range Since January 1
15%
5%
commonj
common
22
9% % 9%
L^i=£iL^L,—_L
—5
(The) -;coihmoni._i—.2
Co
So La
Unlisted
14
common
Co.
34
21 Va
9%
23%
I
(The).,—r
,U S Steel
;
for Week
of Prices
Low
-u_.
common
33
21%
20%
Unionf Carbide, grCarb-.capifcai (new) —•
Lines Inc
jr.
10
49 % May
Sales
15%
common
Secur
28'/a
37%
__10
Yates-Amer Mach
4
Central 111
Feb•|
15
30
United Air
Jun
23
Athey Products Corp capital
Bros
Jun
Jun;
48% Mar
common-
Mach
Co
Texas Co
Apr
47
14%
2
Piston
103-4
11%
13% May
50
'
Jan
46%
Feb
k
Trane
14%
——
1
Burton-Dixie
|
I
.Jan
13
Feb
7% Mar
22
•
Swift International Co Ltd ctfs of
May
X40
•
112%
American Tel & Tel Co capital,
Burd
7%
j
j;
150
common.....
Corp
.
Sundstrand
Jun
15%
•
Castings.—
Aetna* Ball Bearing common
Butler
950
13%
9% Mar
1,000
*293/4
Works
Furniture
Sunbeam
7% Mar
14 %
Mfg
(E J)
19%, Jun
29% May;
-
\
Storkitoe
Jun
6
Apr
6%
——
Alum
(E L)
550
103/s
11%
—1
common
common
Container!%Corp
May
"
Par
Brach k Sons
••
300
Standard Dredging common.—______20
Standard Gifcpf Ind capital
25
Apr
154
783
Last
Bruce Co
Marv
•
common
St Louis. Nat Stockyards
14% ,Jun
38c
10
2,170
21%
STOCKS—
co
Mar -i
i
28%
common
Lathe
Spiegel Inc
12% Jan
39%
Friday
Mfg
72| '
10
common
Oil Corp.
Brand Clothes
Society
Chicago Stock Exchange
Bdiaen
Jan
62%
Bears Roebuck & Co
Jun
600
36c
Packing
Sangamo Elec Co
Sinclair
20 %
•
Inc
Bastian-Blessing
12
13%
—2%
capital
Serrick Corp class B common
Jun
Wisconsin Bankshares
Avco
\
44 V4
Mar
37%
5
.
Washer
1
Mar
Co—
14%
'
Asbestos Mfg
Apr
52
15%
10%
!
10 Va
Jun
22% MarJ
10%
9%
42%
X3B%
Co
11%
19% .Jan
Feb
8%
100
10%
j
!
51
550
27%
Jun
,
15% Mar.-.
250
~;
9
10%'May
'.
Jan
'
30
19%
27%
50
_____
Wieboldt Stores Inc
&
19%
.
25
New common
Woodall
Armour
62 %
i'
,
v
1,500
Tr
1
8%. Jan
34% Jua
1
;•
6%
150
■
10%
common.
16
55c
•
Inc
Allied Laboratories
51
60%
-
17
10'/4 >
51
12
-
*
preferred
20
37%
10
(J D)
Jan
*>:;>. ".A
'.*,
'
1,012
89 Va
•
Westinghouse Electric Corp
Adams
62%
IIZIZZi
Pennsylvania RR capital
Apr
V 20'/a
Machinery common^ —25
Admiral Corp
4%
.100
2,500
17
,
20
common.
59%
13'/a
..2.50
Rubber
Advanced
Jun
58
common..
10%
11
Co
Shoe
32%
7
*10%
;r
23% Mar
Feb
1,800
34%
6%
*
14%
'
19%
:
_
Inc;:
Waldorf System
:.;r:
10
common—
Manufacturing common..
Peabody Coal Co
42% May
521
36c
90%
—25
Assn—:
Co
Mar
v
Jun
85
105
v
Fruit
Marv
21
*
16% May
41% Jun
28
Muskegon Mot Spec class A
Apr
50
___
Union Twist Drill
United
28
May
•
Jun
37%
36c
—100
Torrington
»
5
•
93
42%
11%
r
-.2.50
Stone & Webster
•
'
11% May
64 Va Jan
100
•
Mining
__
-
I
Jun
Mar
30
Feb
9%
600
10
-
10%
10
Co
61%
33 Va
56%
20%
-
—20
N Y New Haven & Hartford
Corp
1
700
7
klO
T*.
5
29%
—
• -i ?
—
North Butte
Drug.
7
33%
27%
^
prior preferred
Modlne Mfg common
Montgomery Ward 6c
•
{•
51
1
51%
1
Assn
England Electric System;
New England Tel & Tel
Reece
22 Va
V
1,350
*
Jun
28 Va
3% Mar
:>1
vtc
50%
._•
Nash-Kelvinator
Rfcxall
-V*
41%
21
•/■
17
"•
♦
capital
14%
_
..
New
Shawmut
Mar
9
5
Prod
Food
West Corp
Miller & Hart Inc common
12%
—100
Racing
Pennsylvania RR
Qulncy Mining Co
Jan
52
10% !
.
I
58 Va
„
common
National Service Cos
Pacific
LLZ.
10%
14%
-
—100
common
5%
preferred
Mergenthaler Linotype
Mullins
9
57
7/
i
'LL-L
"•/
,
Feb
35%
4
4
-
'
Boston
Central
450
39%
%
Mickelberry's
Perfect
Royale Copper
Kennecott
Copper
Maine
11%
55 Va
21
•
Feb
x40%
41%
•:
Co
Isle
Loew's
11
55
May
12
'
Feb
A—
•
common.::—
81
21%
32%
57%
General Electric
Gillette
9% Mar
Jan
33%
■■
•
common
31%
21%
x21
National Stores..
First
700
18 Va
1
Northwest
Eastern
18 % May
24%
16%
,
38% May
Feb
300
Inc—
47
58 Va
84
Feb
15%
1,400
-
100
*
Products common..;—1
common
/Middle
Jun
Feb
10
28
100
Feb
250
100
common
64%. Jun
7%
29
15'%
t
50 Va Mar
28%"
•••'
]
Jan
7% May
28
15%
Jan
19%
•'
Mar
27
__
10
9%
6% Mar
t
11
25
11
\
Apr
>.16% May j
Feb
'•*
'
•
12
Jan
7%
1,700
1
3
Marshall. Field k Co
Apr
17%
:
;
200
10
i—10
1
Llndsey Lt k Chem common
Apr
5% Mar
64 Va
9%
9%
13% Mar
500
17%
McNeill k Llbby common._i_._7
Printing Co 3%s pfd.
i,
0
Libby
Apr
5%
10
Jun
3%. Jun
.
Ry—
preferred B
preferred adjustment
5%
19
10
17
17%
—10
Mass
7%
8%
8% ■£ 8%
'
5
service
6%
7%
8%
7%
-
•
Trust
Prop
:
100
—100
Hecla
&
Eastern
—
45,:;;
45%
40
2% Apr
Jan
600
36%
common
r»-v,'
••■■■•.
100
//';•;•
64
9%
)
Lincoln
; ;
,
preferred
prior
,;
May
10%
29% Mar
_
700
7%
16%
Line-Material, Co
1%
t
r
40
Feb
300
36%
com
•*:*>
1
Boston & Maine RR—
14
,14
._
Pneumatic Tool com
Steel
LeathxAwGo
Mar
32
451
X24%
25
.
18%
RR
,
Jan
29% May
8% Mar
450
*
1
Kellogg-Switchboard
Apr
22 %
1,438
18%
18%
:
8%
17
capital
BrowrrrStcres
;
Jun
125%
Apr
Mar
*
.—100
x34%
20
-.*:,!■
15%-
7
International Harvester- (new) ...-—*
55% May
40% Jun
Railway—
....
39
Feb
'
New
Bigelow-Sanford Carpet 6%
Boston & Albany RR
Central
49%
155% 156%
51%
—
.
Range Since January 1
38%
100
May
25%
1,500
10
•--8%
•
common
Hupp Corp common
49%
.—100
Refining
25
100
3%
14%
:
•
14
•
common
Lakes Dr 4c Dk
Hibb Spencer Bartlett
8kares
15%
1
Co common
Refrigerator
Heln Werner Corp new com
Sales
for Week
Low
Jun
'
10
10
t
1%
Harnischfeger Corp common.
(G) Brew Co capital
of Prices
Sale Price
Jun
62
500
40
3%
Finance
Heileman
Range
40
—10
Brewing common
(Peter)
Auto
Hammond Instrument Co common
STOCKS—
9%
.
.
Corp common—.—.—1
General Motors Corp common
—.10
Exchange
Last
'
*37%
8%
65%
3,100
■■■
—
*.—•
Inc..
Drive
Fox
Jan
6,400
5
1
—*
Mills of America
Great
Friday
37%
Feb
Feb
Dredge
& Dock Co common
Jun
$18,500
Connell
k
Four-Wheel
Gillette
Boston Stock
28% V,"
52%
32
100
26
■.27%*
27,%
'
400
800
"•-■
"*:,
62
26
,
High '
Low
65%
'58%
,
Range Since January !
High
64
'
62
50
Corp
common..—
Doehler-Jarvis Corp
Domestic Credit Corp class A—
General
Baltimore Transit Co
series
Mfg
.Flour
\k>
BONDS—
5s
Dodge
Fitz
Jan
*4%
160
-
25:
89
i
158
89
50
Fidelity k Guaranty
8
:
105
43
28%
28
——
Low
_L_L5
(The) Co Inc—
Consumers Co cum
Jun
305
Mount Vernon-Woodberry Mills—
Common
"
-
Shares
Jan
6
——10
common
of Prices
*'
Jan
180
Co
Commonwealth Edison common——.30
16% Jan
,
"J
(new)
Corp
Service
Coleman
High
Jan
3.90
18Va
—100
13%
857
19%
3.25
100
t c
v
of. Amer class
Finance Co
Low
High
15
15%
Chrysler
Ranee Since Janaary 1
!A
Par
•
•
Shares
Low
♦
*
;
Sales
for Week
Range
Sale Price
:
Sales
Range
Par
Arundel Corporation
STOCKS—
for Week
of Prices
Sale Price
Week's
Last
Exchange
9%
Feb
2% Feb
12%
91
Feb
Feb
-
Jun
Jun
15% May
3% May
17% May
Volume
167 •' Number 4709
THE
COMMERCIAL&
FINANCIAL
CHRONICLE
(2717)
OTHER STOCK EXCHANGES
RANGE
Cincinnati Stock
Friday
/V,'.-r
STOCKS—
;
W';
-
JUNE
18
Last
Range Since January. 1
High
Low,
_*
Mogul
Frankenmuth
—
Brewing
Shares
18%
Range Since January 1
High
18
Low
High
570
16
Mar
3%
4 Va
1,000
3
22%
22'A
100
18
1
Fruehauf Trailer
High
for Week
Low
'
5
—
Sales
Range
of Prices
Sale Price
Par
Federal
Shares
i
Week's
Friday
STOCKS—
for Week
of Prices
Low
Par
'
»
ENDED
Sales
Range
Sale Price
WEEK
Exchange
Week's
Last
V
FOR
1
__
'
.
18%
Jan
Feb
4y<
Jan
Feb
23%
Jan
'
Aluminum
American
Industries
O
Fibre—
Gas
&
P
T
common
14%
25%
29
Feb
Apr
75
18
473
23
Feb
29%
93
Jan
102%
"
Graham
Jun
" 95
26 %
Jun
Industries
Cinn
Telephone
Union Stock
—50
———
80
Jan
3
104
Mar
110%
6%
May
8%
Jan
Yard
11
*
—._
Crosley Motors
Eagle-Picher
74
11
,
:—-*
9%
10
75
222
11%
-
200
22 y8
——
Gibson
Insulation
Art
Hatfield
Kahn
—*
participating
(E)
!_
Kroger
Little
Miami
10 %
13
10%
Apr
6%) Apr
80
23
19%
210
Jan
10% May
25% May
Proctor &
Randall
Rapid
S
__
Gamble—.-
class
B
__l
24%
Jan
62
Mar
65
Jan
49 y8
40
45 y4
199
93
.
8
46% Mar
.
40%
Feb
95
23%
'58
Wines
67%
68%
447
■'
McClanahan Oil
Mid-West
6%
7.
100
13%
13%
350
13
44 y2
45,7
115
40
!
50
48%
48%
21
48
Cleveland Stock
Jan
71%
Jan
8
Friday,
Alleghany
Corp
American
Coach
American
Tel &
Last
Jan
Apr
50
Jan
a33A
a3%;:
24
24%,
3%
al55%
7
Ma*
Jan
Parke
Clark
al8
y
$4.50
>
Iron
32
Consol
Natural
Detroit
Cleve
&
Chemical
(Un)'
Gas
Nav-(,Un)___
32
18%
17%
78%,
6%
—15
a47
a65
*
—
;
Controller
Erie Railroad
Products
Brewing
(H
.
(Un)
Electric
a
Glidden
Co
(Un)
515
12%
Feb
4% '
2%
2%
1%
100
a47
__
4%
.
:
1%
Halle Bros
(Un)
Interlake
Radiator
Jan
5
May
220
21%
Jan
22% May
13%
Feb
17
2%
2%
2%
1,057
2%
Feb
5
5
30
30
.
5 Va
3%
•
4
Jan
365
6% Mar
8%
Jan
\ 725
8% Feb
10%
Jun
15%
21%
1
9,200
lc
_1
290
'7%
16
2%
T
16%
Feb
Jun
2c
10
26
40
Jan
40
Jun
16%
Jan
600
Feb
2% May
600
2
1%
1%
Apr
2%
Jun "
81%
Apr
41%
Jun
51
Jan
Feb
43% Mar
;
'7
4
Mar
6%
Los Angeles Slock
i
y
Friday
Par
7.7 47
Bandini
Petroleum
32%
Feb
7 47%
Feb
65%
Jun
Barker
78
Feb
89
Jun
Barnhart-Morrow
J up.
.7
Company—
of Prices
Low
»
1
1
6%
10
Sales
tor Week
Range
Sale Price
Jun
Exchange
Week's
Last
STOCKS—
100
77
14%
15
a
9%
300 ,7
Bros
Basin
15 % May
Feb
a63% a64'A
108
SO
21
a44% a45%
SO
38% Mar
.---5
23
44
&
Steamship
Medusa
Portland
__
Shares
Range Sines January 1
High
Oil
Cement
*
—
1
Metropolitan Paving Brick
34%
8
64% Jun
Mar
25
Low
6%
7%
17,655
28%
28 '/2
475
55c
60c
800
13%
4%
&gh
Jan
7%
Jun
21%. Feb
28%
31%
Jan
35
■
7 7 29% Mar
37% May
Feb
10
15%
Feb
a34%-a34% "
6%
2%
Feb
27%
Feb
30 '■■■
California
Oil
13Vs
33%c
14%
Jun
77 %c
Jan
20
7%
52 %c
920
al6% al6%
__
2
Corp_
1
2,097
*
——
7%
7%
>:
10
8%
10
10%
17
12%
12%
(Un)
Patterson
Sargent
41
•
,
375
7 41%.
^7
Corp
Reliance
of
—-—-.J
i_4
America (Un)_
Electric
Republic Steel
&
(Un)
i
,
•
Standard Oil of Ohio common.
Products
U S Steel
Van Dorn
Iron
45
■
,
Preferred
Jun :
Consolidated
Consolidated
Iron
43
Steel
1
34
'■
Dresser
Jun
Electrical
Feb
26 y2
a85
a85!/2
jj-.'a 31% Jun
■
28
38%
Jun
20% Mar
31%
Jan
13%
Feb
20% May
560
54%
Feb
65%
12%
Mar
19% May
20% May
100
6%
I,180
5%
Apr
44%
3,240
29%
Feb
11%
200
10%
•
Industries Inc
Products
Oil
Farmers
class
1
Merchants Natl
16
Garret
2
7—
12
Mar
(The)
Corporation
General
'
Motors
Corp
;
Goodyear Tire & Rubber Co common—*
44%
Holly
Car
Motor
Hunt Foods
Inc
Independent Exploration Co —33Vbc
Intercoasit Petroleum Corp
Jade
Member*
Oil
Kaiser-Frazer
Kern
New York Curb Associate
Chicago Stock Exchange
Corp
Lane-Wells
Co
Lockheed
5
1
„
Petroleum
10c
Co
Aircraft
Mascot Oil Company
Menasco Manufacturing
Merchants
Petroleum
Exchange
Last.
Range
for Week
of Prices
Share*
Sale Price
r;,.-i.stocks—
Par
Electric
Low
1
American. Metal
Products
.
-
„
25
*
*..»
•
rr;
-
'
y
400
800
•
.
2%
19
2%
Feb
Feb./
25
Jan
Rubber
1
—
i.
Burroughs Adding Machine
Chrysler
Corp
Consolidated
—
*4
'
"
65
_10
21%
;____^__1
'
*
Detroit
&
» '
-
Detroit Gray
Steel
Navigation.
.!
common
Iron—1
Detroit-Michigan
Electromaster
'
i
For footnotes
see
page 45.
1
380
12%. Feb
53'A Feb
21
Mar
17%
Jun
Jun
23
5
9y4
275
6'A Mar
8%
1,250
6% Mar
10__1
5%
6%
21%
6'A
21%
3
13%
25
'3%
25
3%
Feb
18% Mar
Jun
15
46%
27
1.30
280
5
5
Products
8% Feb
22c
12%
10
25
—
Apr
Apr
1.40 Jan
280
Jan
*
Jun
Jun
Jan
1.80 Apr
3% Mar
95c
Feh
1.35 May
3
Jan
5
Jun
6% May
9
May
15
May
90c
1%
Jan
■';14% May
15c
—
30,200
13
460
49c
5,000
2.50
2.75
10,325
1.95
Feb
16%
16%
240
12%
Feb
67A- .Feh.
35c
Jun
23c
Mar
23c
42c
7"
,
24%
Jan
16c
12%
.13% May
.
70c
Mar
Apr
*
2.75
__
21%
—
a35%
30
270
1,005
al4% al4%
Jan
1.10 Mar
96
Feb
Jan
51
14%
Jun
18
Jun
20%
125
a8
Jun
1.50
34c
45
69
1.20
May
677
272Va
Feb
21c
II,464
24%
97 %c
160
1.15
22%
13
Apr
21 %
335
1.8B
Jan
16 % May
15% Mar
21%
Jun
a35%
a36
383
30% Mar
36
30%
30'A
284
28% Mar
31%
Apr
51
51
135
49
51%
Feb
a53%a53%
586
53%
Jun
a54% a54%
40
__
.
.
Jan
Feb
165
375
3
13%
25
3%
8,025
;
4
Mar
4,689
20»/gMat
300
2'A. Apr
200
10% Feb
19% Feb
100
2,525
2%
Feb
Indemnity
Co
—-
Lighting Corp common
Puget Sound Pulp & Timber Co
•
*
__
a53%
a54%
Feb
*47% Mar
39
51% May
Feb
'
'
9%^ May
Republic Petroleum Co common
Rexall
20
Jun
15%
a8
1
Pacific
65%
65
21%
8
1
!
—
Pacific
9
1
Stove
Products
common
Apr
r
1
Cleveland
Detroit Edison
Detroit
"i"
Bros
J
10%
Jun
150
1,000
10
7 9% Ma t
Jan
47/s
2,000
25
200
14%
1,396
—
Jun
May
22%
1,240
__
45%
125
Jan
1.55
200
.
Jun
15% Mar
8,300
1
Corp
11
15%
810
24,450
,
1.30
Pacific Finance Corp common
Pacific Gas & Elec common
' 5%%
1st preferred
10%
Feb
1.25
2%
*
17%,
17
2'/2
.
Davidson
17
-
1
1
Continental Motors
*
10
—1
common—
Paper
10'A
22 "
Mar
355
11%
4%
39
92
2%
Pacific
Jun
510
156
,
Jun
Jun
1.20
1
Clay
44% 7
64%
34%
14,000
1.30
Jun
Feb
15
27
Mar
11%
Mar
a24
10%
45%
Jan
320
"
51
1.50
__
Feb
5 % Mar
24
13
—.
Jun
95o
410
'
a24
10%
Mar
-
14% Jan
Jan
1.30
„
61
30%
,
1,190
64%
18
Jun
Jan
10
2%
Oceanic Oil Co
'
Baldwin
Petroleum
18
295
215
15%'
34%
30
3,677
1.50
.—I
1
Fabrics—
Aircraft Inc
Occidental
="■
Htgh
Low.
25
.
Range Since January 1
High
2% >' 2%
2
Mallinson
7.
1.25
1
City Lines Inc
Northrop
Feb
5,700
14%
\,7
1
National
60c
*
1
Nordon Corporation Ltd
Sales
.
Apr
1
1
Co
Co
Monogram Pictures Corp
Week's
—-
100
National
i'i
7 21V2
1
Corp
Los Angeles Investment Co
Telephone: Randolph 5530
.
.
__
1
County Land Co
Lincoln
DETROIT
10
10c
Company
11%
3%
_.
4%
..
6.66%
common—
Feb
Jan
12%
117% 117%
5
1
•
Co
34
44%.
*
common
Hotels
Corp
Development Co
Hilton
Watling, Lerchen & Co.
V
34%
Hancock Oil Co class A
Jun,
50%
21%
13'A
305
63%
64
—*
-
80
'
11%
15%
7% May
12%
'•
190
9%
Jun
46
9% May
330
305
—
10
common
Gladding McBean & Co
May
85%
Feb,
■
&
Feb
30%
75c77%c
Jun
59% May
Friday
77%c
35
:
Hudson
Detroit Stock
13%
11%-; 7
;; ;; 82% Jun
Detroit Stock Exchange
30%
,
1
Feb
New York Stock Exchange
a55% a59%
*
4
A
■
■
'a557/a.
50c
Corp
Ltd
Co
.* ■
77;.
100
67% Mar
65%
7
Bk
39%
"7
.
Farnsworth Tele & Radio Corp
Feb
100
%
.
Feb
6%
11 %
1
'
42%
Apr
•7 24%
.7 140
Ford Building
31% May
Feb
19% a20%
6%
*47
;; 22%-Feb
7 41'/ Feb
190
'7
Exeter
Jun
20
a8l% a82%;
11
11%.
Jan
Jan
26
350
19
43%
Douglas Aircraft Co Inc^—
Jan
14%
846
•
__
Tube
•
27
18%
10
147
34%
7% May
13%
10
400
65'A
a
__
7
Corp
;
Feb
475
a50% a50%
•
Works
26
*■'
(Un)
Youngstown Sheet &
-a
Feb
Feb
125
18%
19
63%
20
Engineering
Jun-, ;'
.
7%
23% May
335
:
Apr
Mar
325
25%
18%
63%
*
common
Creameries of America
Jun
25%
__
—±.2.50
&
a39%a40%
a39%
1
—
Jan
34%
26%. Peb
,
25
77
14%
a30% a31%„
44%
45% :
34'A
10
common—'-——*
common
a
a26
,
Rlchman Bros
Thompson
al4
•
5-
,__7_iL
Eng_
25%"
25%
_*
15
20
10% Mar
164
a33%a34%
—
20
Corp
—
Fuel
Colorado
*
Corp
Products
Chrysler Corp
•
,
May
6
X\\"
Radio
Feb
May
7%
3,175
'
Ohip Oil
Feb
6%
7,605
12%
•
Packing Corp common
Investment
Certain-teed
Jun
40%
4% Mar
33%
85
•
Chica
Central
;
Apr
800
5%7.
Bolsa
Jan
200
40%;
*
60c
20c
—
Appliances
Broadway Dept Store
Byron Jackson Co.—
16% May
325
:• 4 %
Co—
Home
1
J an
48
Feb
131
4%
;•
May
47% May
11 %
20
1,911
5.%
Consolidated
Blue Diamond Corp
28
Mar
40% Ma?
37%
40
4'/4
1
common
645 7
-15%
'v V
4
;
■
14%
14%
•f-
50% Mar
common
May
43
60
•
36%
10
;
National Tile & Mfg
Edison
34%
31% Mar
so 7:
44
al6
(Un)_—1—._•••
Sessions-
&
23
44
.__/—*
Laughlin Steel
&
22%
ale
,*
.
Jan
Jun
17'A
V
12
87
Apr
12
v
685
-a65%
Jun
7%
Feb
Jun
,
15 % Mar
100
Jun
23%
5% Feb
1,540
Jan
3% May
17% Mar
100
40
16
^
;
%o
11
40
__
Feb
2%
22%
7%
12
200
10%
11
400
,
3
%,c
5
.
3% Mar
100
Jan
May
7%
2%'
50
6%
20
15%
;
1
1
Feb
10'A
7%
—
14%
33%
Feb
200
Jan
Jun
6% May
Jan
Mar
4%
Jun
,
3%
4% Feb
28
150
1,125
18
3%
29%
10
7 V*
■
846
•,
5%
18
3%
•
.
30
5%
2
45% Jan
3%
19% Mar
1
3
Jan
300
365
1
pfd
new
2
150
Wayne Screw Products
34%
.
S
Feb
15%
10
common
May
1%
28%
%c
Axle
6
2,595
22
5
com
:
.
15%
Jun
Feb
L*
—7—
(Un)
Lamson
Allen
2% May
2 % May
Feb
'/a Mar
28%
2%
12%
125 7
—50
common
Iron
Jun
4% May
Jun
a40% a42 Va
__—
Preferred
Interlake
>
19
22
10
Manufacturing
4
200
4%
1
19
,.10
(Un)
Jan
15%
__
2
Paper
1%
Warner Aircraft
75'A Mar
100
1%
* -
common
■.
5%„,
Jun
33
*
Goodyear Tire & Rubber common
.
15
2% Mar
100
Jun
22% Jun
,
3% Mar
700
1%
5%
.
58%
Jun
a257/8 a25 %
common
General Motors common
Ohio
19
4%
1
W)
Raisin
Bendix
General
;
18%
•
Walker & Company
4% May
Feb
7
06
U
■:
r
14
52
6%
87
Manufacturing
Electric
Jones
Feb
Feb
'
'
Eaton
'
8%
2
1
Tivoli Brewing common
Udylite Corporation
28% Mar
1,532
4
common
'
1,892
t
6%
37%
50
a
a47% a48
—5
16
100
24%
Feb
147% Mar
280
•
Jab
3%
2% Mar,
16%
7 280
a40% a41%
15
7
,
-
High
Low
3Va Mar
219
7
76%
78%
*
com
864
•
Metal
Timken-Detroit
50
16%
16%
100
preferred
Cleveland Electric Illumin
Dow
_1
common-.
Jun
8V4
10%
10
Davis
Pfeiffer
Range Since January 1
515
a37% a38%
Cliffs
Jun
18 Mi
Feb
22%
Rights
50
156%,
a
Chesapeake & Ohio RR.
Clty ice & Fuel.
Cleveland
15%
Feb
21
1%
common
Standard Tube class B
7
3%
_______
Feb
7
'
High
—50c
&
Controller
14
14%
*
*
Stamping
Sheller
Shares
Low
Body—5
Tel (Un).
—;
100
300
610
_5
•
Motor Car
Peninsular
for Week
——„1
(Un)
120
18
8%
1
!
common
Corp
Packard
Sales
Range
of Prices
Sale Price
Mfgl—__
Akron Brass
15%
8
50c
n.
National
Jan
15
49%
Jan
Mar
.
Wheel
Exchange
Week's
-Par
Jan
Jan
18
5'/2
—___;
Scotten-Dillon
7/
5%
23 Vi
1
—
Products
Motor
Murray
River
7/':/:„/'/•'•
3% Feb
20% Feb
15%
,___1
Abrasive
Jan
v
Rickel
•;7/
110
224
2
com
preferred
29
62%. Feb
,7
:
4%
22%
1
7
common
Products
Mfg
Motor
21% May
67%
STOCKS-
4%
__^
Screw
McAleer
47 y3 May
93
1
Feb
*
_—
5% May
Jan
62
47%
23%
—'_*
Masco
Jun
58
23 %
*■.
r—
.
common
Preferred
Apr
Jun
,
_
Electrotype
Printing
19%
49
93
._*
•
-
50
34
441/2
44%
50
__i
24%
62
•
—
9% May
8% Jan
Mar
4
1
King-Seeley common
Kingston Products common
Feb
51
47%
50
Feb
6% May
100
'
10%
Kaiser-Frazer
51
—100
Gtd
Lunkenheimer
U
pfd
Sons 5,77/preferred
5%
610
4,945
5%
22%
22%
_•
common
Jan
24%
24%
•
—
9%
"7%
5%
1
81
Mar
73
LaSalle
Formica
8%
7
1
Bearing common——10
Hoskins Manufacturing
2J/2
Houdaille-Hershey common
*
Howell Electric Motors-—
li.
_1
jun
5
5%
74%
9
7%
•
1
Hoover Ball &
Hudson Motor Car
Cincinnati
1
..a—.
Paige common-.-.
,
98% May
20
820
5%
Wood
Gerlty-Michigan Corp
Goebel Brewing common
Jun
75
110% 110%
_100
——25
Gar
Jan
19
-
29%
101
95
32
Jan
25%
27%'
100
.——20
—
Cincinnati Street
Jan
13
2 9 % Mar
140
100
—_L_.
Preferred
109
17 J/2
25%
_8.50
Feb.
32 Va
17 Va
—
______*
_
common—
—__7_—___—
Preferred
9%
20
V, 31%
„
;
Cincinnati
N
111/4' 11%
—_20
________,—8
Champ Paper &
C
*
—,
Laundry Mach
Baldwin
8%, Jun
6%
Jun
21% Jun
3 Va
3%
Richiield
Oil
Oil
Co
28%
32
1,475
1
2.50
—
Corp common
6"%
6%
7
1,110
1
Drug Inc_
Ranch
1.20
1.15
1.20
__
•
6%
34%
40
1
Ryan Aeronautical Company
-
40
2,800
12,284
6%
6%
700
22
Mar
32
Jun
Feb
7% May
85c,
Feb
1.30 May
15%
Jan
40
Jun
4% Feb
7
Mar
5%
Jun
13% May
25
Rice
Safeway
Jun
Seaboard
Jun
Sears
Stores
Inc
Finance
Roebuck
61
20% May
5
19%
19%
20%
535
Co
1
19%
19%
20%
4,462
15%
Apr
20%
Co
•
41
41
839
32%
Feb
41% May
.
—
17% Mar
.
Jun
37
COMMERCIAL & FINANCIAL CHRONICLE
THE
(2718)
38
Monday, June 21, 1948-
.
OTHER STOCK EXCHANGES
BANGS FOB WEEK ENDED JUNE ]■
Friday
STOCKS—
■'>
' i
;
Security' Co
!—.——30
_—.
•
4.88%
cumulative
4.48%
convertible preferred-—.-—25
4.32%
6%
So Calif Gas Co
Feb
Sfe
Mar
15%
Feb
30
Jun
U 8 Rubber
3i0
.
166% May
Feb
8%
v
25
300
26
583
30%
Mar
870
22% Jan
96%
28% Jun
28%
272
1,095
32% Feb
44% Feb
3,203
55
72%
15% May
20% May
3,006
17%
17%
220
100
$1.25
500
Inc common
preferred
conv
-——*
—
.
—
—
•
Oil
Union
United
California
of
Steel
States
common—25
a—
a__
;
Air
Lines
2,794
10%
Feb
13%
15%
15%
370
; 15 V»
Jun
5,045
21%
Feb
34% J35% >;
80% 80%
.
63%
a8%
—1
—
16
—
Cons Chollar C & S.Mng Co
--
1.10
.1
-
:
556
65 ;i.;
39
7
67
Feb
;
Jan "
—
-————1
American Airlines
American Radiator As Stand San
American Tel Ac Tel Co—
Viscose
American
Corp
Corp-*
Ac Co
16%
——100
Budd
3
Mar
303
37
Mar
4% May
41% May
1,
— v
Locomotive
a69
40
-
a—
:
423
;
Motors
.
-13%
15
———
..5
—
Baldwin Locomotives Works—-—13
al6% al6%
Apr
612
4%
15%
12%
Jun
7% May
Feb
v
$1 preference common
Philco
Baltimore As Ohio RR Co.
Barnsdall
Oil
Co
100
—
v-
17%
Jun
10%
Feb
Feb
44
Jun
27%
Feb
37%
Jun
510
30% Mar
37%
Corp—-——*
.—15
-5
Borden
Company (The)
Borg-Warner Corp ——————
39 % Mar
41
Jan
268
47
425
272
70
,_V
,
Budd Co ——————
—
;
36% 37%
a43% a43%
a60% a 62%
10%
10%
.
v
.
.
25
18%
Co —————25
a48%
Canadian Pacific Railway Co—
(J I)
Caterpillar Tractor Co
Scott
,
Cities Service Company. ———
Columbia Gas System Inc
—;
Commercial Solvents Corp
—•
Commonwealth Edison Company—25
Commonwealth As Southern Corp
Consolidated Edison Co (N Y)
Cons
Vultee
Aircraft
18
35
37%
40 -v.
53 Va Mar
61
65%
12
878
799
> 52% Feb
7
Mar
17%
18%
54% *
63%
54 Va
63%
54%
64%
22%
23%
225
11%
6%
6 Va
18%
20%
11%
7%
6%
19Va
21%
90
30
1,562
2,562
3,763
/ 44%
44%
90
52
4Va
23V2
24%
38%
52
4'/a
24%
120
100
2,348
436
365
61%
14%
569
33
500
10%
Feb
14%
125
24
Apr
27%
Paper
common
23%
24%
38%
Crown
199
25% Mar
3%
a23% a24%
425
;
2%
28% May
Feb
3% May
'
Gas
10%
565
Jun
8%
5
Zellerbach
Curtis
Corp
Publishing
Co. (The)——*
700
25
50
70
27% Mar
33%
Jun
,
7% Feb
11%
Jun
8%
Apr
Apr
11
11%
1,000
8%
8Va
250
a23% a23%
•
6% Mar
9%
0%
a66% a68%
—
—
Class
42
—
—
A—.1'
.
Electric Bond As Share Co—
Electric Power As
General
.5-
Light Corp—
General Electric Co..
:
*
—
*
—
Corp——————*
General Public Utilities Corp
:
Mat
As
a47
Loew's
Robbins
Nash-Kelvlnator
Distillers
New
York
Inc
—18
Prod
Central
Corp
59. 59%
10%
17%
Aviation
American
Inc.
Co
20%
—
Coal
——1
v
14% May
Jan
Feb
13V* May
25% Mar
33V4
Apr
54%
Jan
Jun
Feb
Apr
15% May
59%■ Jun
8% Feb
10% Apr
31% Mar
48%
703
Feb
1,273
21
15 Va Mar
3%
21%
20
12%50V*
555
100
328
69%
194
16%
8%
39%
50%
Mar
70% Jun
65
60Va Apr
2
Feb
20% Feb
65
Jari
37/a May
23V» May
38% Apr
3%
22V<
23
117
915
37
38
178
3Va
<
'
■.
STOCKS—»
Week's
Bange
Friday
Last
Sale Price
ef
OU
580
18% Feb
Alleghany Ludlum Steel...——*
830
12% Mar
Columbia
Gas
•
Port
Pitt
/ i4Va
—10
At
32%
Electric—
Follansbee Steel
Brewing
Walker
1
Refractories
Packard
Motor
13
883
9% Feb
Mackintosh-Hemphill
Mountain Fuel Supply
National Fireproofing Corp
■
al7%
al6% al7%
a24% a26%
125
15%
Apr
16%
188
17%
Feb
..
.
a40% a43%
375
—5
5
26% Feb
5
900
4%
34
8%
40%
Feb
alO% alO%
Feb
10
20Va
—..—5
$3.50 preferred————*
Pittsburgh Oil Si Gas
Pittsburgh Plate Glass
.5
—
Pittsburgh Screw & Bolt Corp..
Renner
Co
•
38
;
■
__,
....
Jun
21
23%
1,784
I8V2
Feb
20%
20%
450
16 %
Feb
21% May
15%
16%
1,365
15%
56%
56%
483
-
....
1
Standard Steel Spring
..
1
Vanadium
*
Pepsi-Cola Co
Railroad
Co._.___—__50'
"
-
'
—.___33%
—
Pure
Oil
Incorporated
—*
Corp
'"""-Wamnte
•
a43%
40
—5
Standard
Oil
Brands
Standard OU
Co
Standard Oil Co
Swift As
Texas
Company
37% x387/a
644
34% Feb
9%
110
2
100
85c
Jun
13c
3,800
10c
Mar
.
32% Feb
33
Bank
...
For footnotes see page 45
Jun
Sales
Bange
for Week
Bldg,
Ac
Brown Shoe
Low
;
Brewing
200
3%
24
.1—
Feb
32
Jan
16
Apr
20
Jun.
24
100
23% May
33
Jan
13%
22%
;
C
814
425'
55
55
May
Huttig S As D common.———.1—.5
42
42
3% May
Hyde Park Brew common.—^_—_4
Hydraulic Pressed Brick common.;——1
19 Va
1%
Feb
,
22% Feb
~
31%
11% May
r
Jun
Jun
27
.——6
(Un)
common
common
8%
80
10
May
General Electric
Apr,
High
18
213
13%
.1
Jan
20
22
common—--—-
common
7
27%
Jan
May
13 Va
85
30 Va
Eqpt
common...
Brew
Bangs Since January 1
Bigh
8%
Burkart Mfg common—...
Clinton Industries common.————.
Falstaff
Shares
of Prices
18
6% Mar
15
Feb
31% Mar
15
Apr
23% May-,
42% May
Mar
64%
25% Mar
31%
210
36
May
55
Jun
300.
33
Mar
42%
Jun
19 Va
51
Jun
Jan
Jan
Jun
13% May
International Shoe
125
26
Feb
32%
Apr
Johnson-S.
55 V*
256
54%
Apr
55%
Jun
Key
22%
21V4
23%
7,357
15
Feb
23 Va
Feb
28%
Jun
Laclede
Mar
52%
Jun
McQuay-Norris
24
335
,2%
265
25%
100
25 V2
43
44
310
39% Mar
45% Jan
10 V'4
10%
7%
100
10
12
16%
200
2% Jun
Jun
2%
30
Jan
Feb
Mar
Jun.
28%
Jun
20
.2%
25Va
—-———50
a30% a31%
.
_
348
25%
52 %
796
38
a87% a92%
659
71% Feb
52 v2
al6Va al6%
50
80% May
11% Mar
15% May
29 %
910
17
Feb
29 Va
a33% a34%
125
30% Mar
36%
Jan
66%
.10
31%
.»
a20%
66%
189
a61 a62V8
—
•
common....
*
7%
common
Gas
50
May
7% May
Jan
8% May
Jun
14 Va Apr
4'a Mar
17
500
22%
22%
40
19% Feb
23%
18%
18 Va
50
17
Mar
19
May
21
21
50
13% Mar
21
Jun
18%"
18%
90
16 % Mar
20
Jun
5%
6%
190
7
Feb
40 Va
16%
..5
common
5%
common—.4
common.——...—10
Meyer
Blanke common
...l—.....'"
Midwest Piping As Supply com.—*
Mo Portland Cement ——————.25 ;
6
6% May
Jan
Jun
28
a33%
-
-
common
As Shinkle
St Louis Pub Service class A
Sears Roebuck & Co..:
Twentieth^Century-Fox
Apr
Exchange
Week's
Low
55%
1
•
Jan
25% Feb
27%
15
a90
_•
15
May
32%
12I
50
1% Mar
19c
39%
277
al3% al3%
Jan
10
38Va
42%
943
39% Ju»
32
64%
100
Apr
—
....12.50
33
40%
'
11% Mar
2
37% May
.39 Va. Jun
100
63%
.
11
...—25
25
"
Jan
52% Jan
14%
(Un) ..—..10
Feb
-2%
Feb
90c
General Shoe common...—.1
31%,
7%
13C
General Motors
Mar
31
Mar
1 Va Mar
44
8
2%
30
273
3%
36
Last
Laclede-Christy
—...
380:
,
Apr
6
14%
„
Sale Price
—.28%
Texas Gulf Sulphur Co
Tide Water Associated Oil Co
2 % Mar
Feb
8
""52%
Company..—.—__25
200
25%
150
——.25
Stone As' Webster Inc....—„__1'
Studebaker Corp
Jun
49 Va May
4,290
—
Inc
(N J)
20%
Feb
4
57
15
—
Co.————.^.15
(Ind).—
Apr
11% Mar
147
38
14 V4
Friday
55%
—.1.75
Seaboard Oil Co of Del
Socony-Vacuum
7%
22
£%
;
May
Feb
Apr
14
«
27
Feb
Jun
8%
*:^v\:v—
Jun
6 Va
3,988
37
9%
Jun
10
21%
1,557
41
7% Mar
Jun
100
3
St. Louis Stock
Preferred
...—
39% Jan
48 V2
8%
—
St Regis Paper Co
Scheniey Distillers Corp.
Feb
41 % Mar
147/a
common. 1
Republic Steel Corp———
23%
100
a45
40
Radio Corp of America——————*
Radio-Kelth-Orpheum
..
"
a43%
———————*
Company..
315
Griesedieck-Western Brew
Phelps Dodge Corporation——25
Pmiman
•
14%
387/a
Alloys Steel
Westinghouse Air Brake..
Westinghouse Electric Corp
Columbia
Pennsylvania
33%
Feb
90c
!
Toy Mining...
20V2
4%
3
High
Feb
10 V*
25
"<■
7%
2
..
.10
*
Bange Since January 1
25
5
327
10
37
'
f
26%
7%
4%
—
Pittsburgh Brewing common.—V
9%
19%
-
Jun
5% May
11% May
26 Va May
.
—
-
Mar
32
476
32%
26%
.
-
26% May
Co
;
LOW
v-::;
14%
30%
—5
—
13% May
a41%
Car
,
Sales
Shares
317/a
14
10
com—.*■
17% May
a25%
Pan American Airways Corp.—....2.50
Paramount Pictures Inc
—.1
'
High
31%
•t 22% May
17%
...10
Company
Feb
Mar
Mar
for Week
Prices;
Low
American Inv
Ohio
23% May
12 Va Jun
50% May
23%
21%
.
37
'■
;^-ry'-'-
Jun
20
16%
Co———10o
—
Northern Pacific Rwy
-
63% May
Feb
12%
12%
,
52 V4 Jun
5% Jan
24% Jun
25
Mar
39% May
19% Apr
31% Mar
16%
50
;
5%
47% May
20
;
24%
39%
'
,
Pittsburgh Stock Exchange
^^
San
42%
47&
0
21
20
16%
61%
Feb
12%
227
a33% a33%
58%
Feb
Jun
53
647
10%
17 Va
58%
•
-
10
!
342
70
—
RR—
355
v
100
—
•_*
.
1
al4% al5%
—
Jun
40
3% Feb
a61% a63%
—
Corp.—.5
North American
North
33%
17%
As
Montgomery Ward As Co Inc
Nat
12 % i;
33%
Jun
Jun
42%
37% Mar
—
—7
Mar
20
—
Inc
McKesson
?
32
45
.
12'/a
.
Libby McNeil As Llbby—————
11%
a4%
14%
22 Vi
Jan
34%
1,189
a4%
—
Tel
520
527
a45%
24%
9Vj? Feb
40
—
—
Feb
15%
42%
14%
—15
Corp
•
Kennecott Copper Corp———*
Tel
40*
13%
International Nickel Co of Canada—*
International
100
14%
.
48V# Apr
Jun
4
Jun
2IV4 Feb
21% Feb
28
Jan
64%
*
...1
■
Jun 4
63% May
4% Feb
20
200
—
Graham-Paige Motors Corp.———1
Northern Ry Co pfd^
_•
Greyhound Corporation
3
International Paper Co
14%
22% 1
42%
—
Foods
Great
14%
22%
—
.
40% Feb
52
,
Harbison
Curtiss-Wright Corp common——l
Feb
Mar
Jan
Feb
4%
5%
18
16%
21%
12 Va
49%
*
—
Improvement..——.13Va
Westmoreland
23% May*
16% Mar
21% Mar
280
11
Mar
a31% a32% ?
;
5
May
13
May
7% May
7
May
19% Apr
22y#May
68%
23Va
12 Va
50Va
....•
*
...
Co——————
Jun
a28
;
3%
10%
1
—
Continental Oil Co (Del)—
9% Feb
May
Jan
Jun
'
Par
Continental Motors Corp
Jun
18%
56%
64%
25%
Jun
26%
a27%
a24%
12
.
Apr
26%
—
' 65% Jun
15% Mar
49% Feb
50% Mar
17% Feb
1,074
161
1,499
Jun
61% Jun
Feb
59%
14%
1
Corp—;
19
May
50% May
Mar
1,040
26%
—•
•
10
18%
a61% a61%
—
17
11% May-
Feb
8
11
—
——
Tacony-Palmyra Bridge—
Class A participating
United Corp common—.—.
63% Jun
11% May
Jan
8% Feb
150
a48% a49%
-—•
10 ' 61%
* —
...—
54
*
•
Reading Co common——
50
Salt Dome Gil Corp ——1—..1
United
Case
16%
10?$
Jun
200
16
44
Sun .Oil
Steel
Bethlehem
27% Apr
158% Jun
22% Mar
147% Mar
12% Feb
63%
6%
19%
20%
Corp common—..———3
;
16% May
33
15%
43%
—
.—-——5
Corp
a36% a37%
—
————5
-
Aviation
Bendix
Bigh
Low
275
1,068
285
•
64%
11%
—
—1
———
Pennsylvania Salt Mfg common—10
Pennsylvania Telephone Corp—
$2.25 preferred
*
Pep Boys
—1
Philadelphia Electric Co common—*
May
45%
Feb
120
t
Bange Since January 1
Shares
—
*
.
—
May
111
Jan
42%
867
for Week
22%
•
...
—i——10
Corp.—
Brothers
Pennroad Corp
31% May
91
90
—all3% alls
a47% ; a46% a48%
•
6%
6%
Avco
Jun
40% Jun
Feb
11% Mar
260
Atchison Topeka As Santa Pe Ry—tOOr '
Refining Co—————25
Mfg Corporation (Dei)———3
11% May
49% Jun
44% Mar.
17%
•
Lehigh Coal As Navigation—.——.—.10
Lehigh Valley RR
—
50
—i
Feb
27%
'
26%
10%
—
Pennsylvania Power As Light.————*
Pennsylvania RR——————50
32
561
25%
—
Atlantic
Feh
;
"Sales "
155% 156%
15%
*
——
-
Storage Battery.
Gimbel
16% May
157% May
v
Works —..—..13
Co
Delaware Power & Light
Mar
10
12% Mar
148% Mar "
475
824
40%
30%
14%
30%
13%
H;
—
a69
40
■
30%
——-——5
(111)
:>
•
-
7% Jan
350
155%
Chrysler Corp ——————.——2%
Curtis Publishing Co
•
4% May
1.80 Apr
150
\
25%
-——100
Baldwin
May
Feb
;
16%
33
Bigh'
Low
As Tel
Apr
•
3% Apr
155% 156%
1—14
50
—10
—
Anaconda Copper Mining Co....
Armco Steel Corp
Armour
ij
^
24% May
7%
10
538
of Prices
Par
Stores^—-i-*
American
American Tel
70c
3%
3%
a38% a41%
V,
8%
8%
May
Feb
Feb
•
.
General
————
14
18%
25%
"
Week's
Bange
Sale Price
,
V
"
Jun
10
'Friday''
'
Last
•
—1
Allis-Chalmers Mfg Co.—/4—
Alleghany Corp
10% Feb
123
200
,
48% '48%
•
Electric
Stocks-—
Unlisted
3% May
49 V* May
Stock Exchange
.
Mining. Stocks—
Alaska Juneau Gold Mng Co
—1
'
:
Jan
80%
67% Mar
50
a3%
1.10
367
a8%
a3%
1.10
64
-—10
Inc
2% Feb:
38% Feb
186
,
*
20% May
35% Jun
Corp——:
Universal Consolidated Oil Co
Western
12%
v
Apr
19
"
r
...
12%
34%
-
32%
all'/a all'/a
32%
12%
Jun
15%
Transcontinental & Western Air Inc—5 '
11%
,a23 Va »23%
60V» Jun
12%
—-—i——2
Corporation
278
—.10
STOCKS—
Transamerica
260
11%
15% Jun
Apr
Apr
34%. Jan
13'A Mar
a20% a20%
;
V
Jan
9% Feh
Textron
3%
46%
Jun
28%
Feb
Jun
72%
15%
Oil Co of
3%
46%
.
Woolworth Co (P W)
Feh
300 .i;.:
33%
60%
Pacific
Standard
93
23%
174
'
Inc
Pictures
Telegraph Co—-.
Westinghouse Electric Corp—-;
Willys-Overland Motors Inc..-
27% May
28% Jan
May
24% May
pfd class A.
25
33% - 33%
Company—58 %
Calif——l-l—■a';\ -71%
Sunray Oil Corp—————
1 •
—14%
Southern
al6
42%
156% Jan
225
al5%
Bigh
41% May,
250
a30
Company—10
Bros
802
a29'%
Western Union
Jun
-Bange Since January 1
Low
42%
14% Mar
Feb
Warner
1,279
28%
24%
28%
cumulative preferred—.—25 *
24%
* 24%
preferred '——i—.—28%.
4.56%
32c
122
May
Shares
al86% al89%
Railroad Co.
Pacific
Union
,
" for Week
Bigh
41%
42%
Union Carbide As Carbon Co new com.*
6,033
22c
Jan
12c
27%
ttyf-': 27
28% '? 27%
..
Low
Par
'
3,100
28% Feb
30
i^30'%: 30%
Southern Calif Edison Co Ltd com—25'
1"
■.
..100 al87%
a29%
United Aircraft Corp—..—.————-0''
United Air Lines, Inc
10
United Corporation (Del)'—1
21,000
«
—
-
■■
■:
52% May
42% May
Mar
46
122
a45Va h467/.
14c,
18c
* 150
150
35c - 38c
29%
30
13 '
13
..
Trading
Sierra
50
Bigh
Sales
Kongo
of Prices
Sale Price
STOCKS—
Bange Since Jfaanary 1
Low
.SI51
15 r a45%
Corp—-25«14c
Signal Oil & Gas Co class A.——'
ISO
Signal Petroleum Co of Calif——.1
.
36c
Sinclair Oil Corp
.*'/;• .29%
Solar. Aircraft Cq,..———1
Shell Union Oil Corp
Shares
High
low
(
Last
tor Week
of Prices
Week's
Friday
Sales
Week'*
Bang#
Lust
Sale Price
295
30%
32
1,142
a20% a22%
210
—50
66%
Jun
Scullin
62%
Jun
19%
Feb
32
Jun
Securities Investment common—*
Stix-Baer As Fuller common—
17%
19 V*
Feb
25%
Apr
Wagher Electric
54%
common
'
f
common—15
]
41 Va
144
32% Feb
42 Va May
18%
Feb
Feb
Steel
May
18%
20
16
19%
Jun
32
—
53%
49 %
-
5
32
25
29% Mar
32
Jan
;.i717.%.
54
55
May
880
13
Feb
438
48
Feb
17% May
55% Feb
Volume 167
COMMERCIAL
THE
Number 4709
"
&
(2719)
FINANCIAL CHRONICLE
39
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
JUNE
ENDED
18
Last
P(lT
K
Aireon
Air
Mfg
Co
Alaska
Gold
Juneau
Alleghany
(Un)
American
&
American
American
(Un)
&
Power
3% May
390
2%
Feb
520
7%
Jan
a3%
a3%
25
24%
24 3 4
150
10>/8
10%
16 '/a
(Un)__*
16%
Jan
4
M
Jan
Feb
7
Tel
Co
Ameiican
Viscose
Corp
American
Woolen
Co
(Un)
Anaconda
May
16% May
Armour
Atchison
Atlas
Avco
National
Bandini Petroleum
Bank
of
Oil
Bendix
Co
Aviation
;Eendix
Home
55
40
40%
760
31
Feb
29%
30
642
28% May
32%
14V8
14%
380
11% Mar
15
*
(Un)_
N A
9
Borg-Warner Corp
220
12% May
17%
15%
15%
245
10%
6%
__100
5
230
Mar
420
26%
Feb
38
16% May
37%
:
4%
4%
4 %
4,556
a25% a25%
a62% a62%
24%
23
64%
Feb
4%
Apr
Jun
64%
Jun
16% Mar
25%
24%
34
Jan
Pacific
$5
•
•-]
"
'
•-
•
■
—____—L_.L_..I—1
Calamba Sugar
614
235 :
7
3%
9%
Feb
Jun
"
California
»
Art
Tile
1_A_i—5
(Un)__L*
"'(California Cotton Mills
tiCalif Pacific Trad Corp
>5 Canadian
Pacific
11
class '•A————-*
Railway
i_
8%
.?
■
40 %
17%
-
19
a 4914
(0n)"^."^r25
28
804
-
a49 %
18%
7%
150
8%
39%
"
pfd
11
„.
f' 10 '
-—2,125
11
-
Apr
40%
Feb
■
(Un)_— —25
& Co common
(J I)
r
Tractor rCo^.;,^^.^
Celanese Corp of America__-_—_—
i
Central
r
f
-.•■;■ a60%
Caterpillar
Eureka
Mining
Co.,—
37%
>.,,,462
1.15
,...,598
68c
Chesapeake & Ohio Ry (Un)—,;— .—25
65'%
Oil
Co
—10
59
61
22%
22%
Service
Co
(Un)
Chemical
Clorox
-3%
Co.—;;.A——
yU
Gas
System
Solvents
Commercial
(Un)......*
lnc
(Un)——
Commonwealth & Southern
Commonwealth
Ind
class
a
(Un)__*
10%
22% Mar
2%
*1,187
47%
10%
Jun
49
Feb
63%
Jun
13
34%
Jun
11%
.1,137
preferred—
.—_—_*
$4 -'2nd preferred
.——
Curtis Publishing Co (Un).__._—•
Curtiss-Wright Corp (Un),———1
99%
100
186
91%
Feb
118% 118%
24
103%
Feb
11%
11%
7%
8%
9% May
26% Mar
7%
831
1,195
———2
80c
80c
500
A com—5
Co
Abbey
if'';
B
15
15
4%
11%
preferred __■.—.1.——Al_*
$3
Feb
>■:
6%
30
'
12
Mar
16%
7%
1,957
,
8%
31%
Apr
46
100
34%
Feb
203
4%
Feb
21%
23%
1,380
15%
Feb
25
14%
430
"'-VV 9%
Feb
14%
Jun
41%
42%
963
30
42%
1.70
1,000
3A
__.
'1
••
'/-'l
'
Emporium Capwell Co
Corp Ltd
Farnsworth Tele & Radio_——
Eureka
Food
Machinery Corp.,
& Kleiser com
Food
General
'''i
IIIl
1.70
u
.—1
—
(Un)———
11%
9'/a
v; 11%
->*•
L.
I
;'v %
41%
'41
230
a";
:i
5%
Mar
Apr
';
5% Mai34% Mar
;;?■ 5
120
35
Apr
General
Motors
Paint
General
Conv
2nd
Gladding
Corp__
Corp
_—
&
Hale
May
42 Va May
Feb
Hudson
n
*
IIIi
1
—20
Power
Corp
'f:
International Tel
Kennecott
Corp
Kern County
Langendorf
2.20
5,450
35
'350
15
5,760
B
130
17
295
90
10%
10%
.
Land Co
Utd Bak class A_.^_
—
'.5
.
-*
10%
2,700
58%
1
(Un):
58%
304
46
&27%
23
23%
—
—
2,072
a42% a42 y8
*
"
Class
555
2.15
13%
Salt
Loew's
7
7
.1.60
7
.A<
-Jun
May
Jun
19
Mar
5
May
2.50
35
Feb
Jun
Jun
15
Jun
31%
16
Jun
May
42%; Jun
Feb
"
Jan
58%
Jun
15
•7 8% Feb
Feb
45
Jun
51
25
26
Apr
28
Apr
'Jan
200
21
Apr
25
Jan
200
33
Inc
Magnavox
(Un)
33
10%
755
24
310
32
241
8%
14
Feb-
35%
Jan
'16
Feb
10%
Apr
Feb
24%
Jun
20
Jan1
May
'
—1.
Co
al7% al7%
__
—
For footnotes see page
__
45.
__
.
13%
15%
5
:
Jun
%
Jun
Feb
■146%
Apr
49
30
155
,
Feb
Feb
4%
681
61
May
5% May
.
Feb
11
629
23%
ii y4 May
8% Mar
516
26%
21%
760
22 V*
Feb
22
,
; 18% Feb
...
28
May
.26% May
22
May
Jun
8'A
Jan
55%
56%
412
36%
Feb
56%
Jun
a45 % a45y4
80
628
5%"
Oil
40
(Un)——
Co
.-.W
:i
-
.
Jan
41
/
,
18 Va May
75% Jun
49% May
42 % May
26% Feb
1,005
May
;■
May
48
Jun
Feb
8
15
Feb
11% May
•
15
14
15
4,833
-1
8%
8%
8%
246
7'/a
7
'7
205
7
Mar
10 Va
Apr
100
34%
35
110
34
May
54
Jan
35
35
172
22%
Feb
35
Jun
34%
34%
100
31 %
Feb
34 Va
29
32%
1,945
23%
Feb
32%
Jun
Jun
——~—
1
30%
30%
Co
Petroleum
W
and
30%
•
22%
570
31%
31%
Feb
Jun
a37%
a38
75
36%
Apr
40 %
22'A
22%
1,116
20%
Feb
24
May
35
40
3,075
15%
Jan
40
Jun
22%
23 Va
1,050
15%
Feb
23 Va
Jun
30'/8
30'A
170
27% Mar
40
23%
Jan
17
750
15% Mar
18 Va May
20
5
—P 10
•
15
;
34% May
16%
16%
10
Inc..
Foods
Fine
20%
580
17% Mar
21
10
3,000
—«.
Oil &
10
7
40%
—3
May;.
9c
Jan
13b
491
411
•
32%
Feb
41% May
30 % Mar
45%
46%
771
149
152
60
122
29%
29
30%
5,437
15
Feb
22%
21%
46 %
Feb
Co "A"_.—
Gas
9%
Feb
__
•
(Un).
•
Socony-Vacuum Oil (Un)_—
15
Soundview Pulp Co—
5
Southern Calif Edison Co com (Un)__•
Oil Corp
Feb *
>'
Jun.
,4.32%
cum
4.48%
conv
4.56%
Southern
6%
,
Southern
23
6,225
14"% Feb
23
Jun
33
1,079
28
Feb
34
May
471
25
24%
24%
411
22%
25
Jan
25
—25
27%
27%
302
24% May
28 Va
Jan
28%
295
287/a
28 ?a
Jun
preferred———25
A
33
33
70
59
60%
1,137
44
50
a—
513
22
30%
28%
30%
25% Mar
Jan
Jun
Gas—
59%
——•
Co—;——
Pacific
Studebaker
al9% al9%
30%
30%
30%
al2Va al2%
a28 '/a a28%
a287/a
34
Feb
a—
30%
Feb
13% May
Tide
Jan
Feb
24
1.10
28%
Jun
73
572
69%
Feb
28%
28%
376
16%
Feb
.10
16
16
23
16
Apr
17
17
143
15
Mar
21
Mar
a34% a34%
15
32
Mar
36'A
Jan
52%
Feb
66 Va
Jun
71%
——
16
"
-10
.25
__—
Company
Water Ass'd
(Un)—
Oil com—
Corp
——
15%
,
Feb
'
..
Carbide
Union
Oil Co
Lines
United
Air
United
Corp
of
15%
Jun
66%
32%
2,260
19%
Feb
32%
Jun
12%
7,197
10 %
Feb
13%
Jan
12%
15%
15'A
15'A
152
Jun
21% Mar
'
__
7
.10
—
42%
com
1,904
20
15%
Inc—
3%
(Un)_——
Del
15 V*
41
6,106
35
_
(Un)+_
Corp
42%
34%
a29% a29%
(Un)_
Carbon
&
66
30%
—2;./, 12%
-25
«•
705
16
3%
63%
64%
3
3%
7.600
Victor
lI%Vll%
2,550
Waialufl
26% : 26'A
15Va
i,
93
.<
>11,11%
i
78c
98c
15,762
Universal
Oil—
(Un)
Consolidated
Utah-Idaho Sugar Co
•
Preferred
Indies
(Un)—
Sugar
,>-
9%::.' 9%
—u.
252 m
Jun
38%'Feb
Apr
<
3% May.
2% Mar
81%
Jun
67% May
.
-
3%. Jan
2% Mar
»
class A
Yellow Ckb Co common——.
—-
10%
v
i
Feb
4%- Feb.s,
960
16
'
•
Mar
194
33
Jun
23%
110
19
Mar
33
..700
32%:
1
all
all all %
■
25% Feb
8%
M50
a48 % a49%
1,050
25%
25%
80
Feb
Jua;
Jun'
-
22% May.;
33
Jun
24% May
33 Va
Jun
11% May
May
46
May
8% Mar
11
Jan
27 %
Feb
46
155
9%
9%'
9%
Jan
May*
24 Va May
Feb
33
14
98c
i'
19%
23 %
r
32 Va
:
Mar
31c
197/a
20
-
—
11% Jun
Feb
33
(Un)
Elec Corp (Un)___
Willys-Overland Motors (Un)—-—1
Woolworth (F W)
(Un)
7%
26%-Peb.
18%
Westerii Dept Stores —;—.—
Pacific RR common-
Western
Westinghouse
/
12,120
a21% a21%
—
'I
Preferred
19
*
Equipment Co——l
Agrlculturah tCo„.
Warned Bros Pictures. (Un)
Westates Petroleum com (Un)_
West
..
Jun
30 Va May.
,
68% Mar
757
Steel Corp common
Feb
i
Jun
35
May
21%. Feb
240!;
81%
S
'
23%
634
81%
U
42%
,
of Calif
28% May
751
-5
West Air
Transcontinental &
> '
United Aircraft
Jun
Jan
90%
„1
(Up)
Co
Union
Jun
90%
54%
.25
73
90%
3,295
(Un)—
(Un)————
Corp
Transamerica
Jun
May
45c
,73
Jan
Jun
Feb
9%
1,030
Jun
60'A
32% Mar
75
/
45c
45c
of Calif
Co of N J
Super Mold Corp
Swift & Co (Un)
Texas
s
Jun
30%
preferred
preferred
Sunset McKee
30Va
May
30%
preferred
California
series
1C6
32'A
.
25, Mar
11% Feb
43
May
22%
,
Apr
34%
Jun
78
I -1*31 % May
13%
Apr
5
Apr
1.90
Jan
v
5
10% May
5
16% Feb
•15% Feb
3%
May
19
22
:
v
.•*•
Jan
1,535
24
1
57%
104 Vz
A Jun
140
18,495
Feb
Jan
"
& Libby
Aircraft Corp
790
275"
%
144
Feb
Jan
23%
10%
10
Co
Libby McNeill
Lockheed
103
A
142
-
Jun
57/a
Western Union Teleg
Ieslie
100%
57%
•/«
May
:
10
Jun
a27%
46%
16
26
13% May
Feb
»
Feb
22% Mar
,
Spalding (A G ) & Bros.———1
Sperry Corp
————_—1
Spiegel Inc common —
—2
Spring Valley Co —*
Standard Brands Inc (Un)__— —•
48
Feb
52%
t
a33 a33%
',14% 14%
12%
290
55%
Feb
5%
Mar
;/:■' 3'A
.4%
Corp——
Copper
10%
2,078
22%
14%
40
76
18%
•a33
Jan
145
26
164
Jun
46% May
Feb
4%
17
IUn).u—
,.101
Jun
45%
20%
16
200
Standard Oil
3%
f
2,954
21
Corp" (Un)
Johns-Manville
Kaiser-Frazer
& Tel
825
16
45
140
Standard Oil Co
>73%
35.-
45
Jan
Jun
-
6
Jan
Feb
V'
44
104
101% May
18%
Jun
300
2.20
25
53% May
Mar
47
1,377
75%
Jun
11,960
f'4%
(Un)—l
—20
53%
5%
72%
4%
v
53%
•
28
>
Jan.
.
437
_P100
23
Mar
16
16% Feb.
21
29%
28
75%
20%
3%;
4%
Jan
30%
102% 102 %
53%
1—20
J
64%
39% Mar
'
480
;
Apr
Apr
27%
30%
27%
30%
10%
Co
(Un)
Co
34%
2,808
7 % V 9%
31%
18%
Mill
Feb
t..77.250
*
29 % Mar
541
Feb
Feb
5
9%
35%
I 41
Feb,
21
4%*
Mar
;.I 177
24
17%
17%
CO——...—*
Jun
20 Va-
>7'i?2i-:'
;.v
■■»■;:;> 30
12'A
33
a57
15%
90
^6.66%
Independent Exploration —_33%c
Inter! Nickel Co Canada (Un)——*
r
12
605
a55%
66
200
v
——1
Co—
Inc——_—.
A
11,944
:
a45% ;a46Va
1
12
75
(Un)___
Idaho Mary Mines
Idaho
—
Corp
Motor Car
' Hunt ! Foods
'V-Hupp Corp
/■tip '.-a _„.'■
•
Development
Honolulu. Oil
23%
155
4%
4%
—
Pineapple Co Ltd—
(Un)——
HOnokaa Sugar Co (Un)
/,
a45 a45%
III3 >tV,
Inc
100
69%
34%
26%
12
;
V >•'
18 Va Mar
I 200
20'A
69%
Mar
51
34
19
W 4%"-.
—
Stores
Bros
Holly
34
68
'
Jan
34%
1
40%
11% May
-485
-
■
'
Holly OH Co
,
I'
'
Corp
v-
:979
23%
20
:
:
Hawaiian
19
23%
-*-■:
•
Goodyear
Greyhound
340
-•
64 Va
19
—
common.
Graham-Paige Motors
Gt
63%
v
'Ill*
Co
V;
11%
11%
■:"«._
.
preferred A_—A.—L _100
•
Tire «St Rubber (Un)___
1
(Un)____—
«
Nor Ry non-cum pfd
(Un)__,
4%
f,
—10
•
preferred
McBean
:
'
com__:—
State Co Ltd
Golden
-2 Va
—Ai,—
Jun
36%
25
Sinclair
Jun
77/0
;7
"
General Metals Corp
21%
Feb
Jun
11%
46%
Feb
31% Mar
1,083
•
a39% a40Va
a40 %
1.05
315
7
7%
.
;
*
12,201
'
46%
46%
j*
•
(Un)___
Co
Corp
1
—10
—A—--2%
Foster
General Electric
.___»
6% May
15% Mar
30% Mar
Jun
Jan
(Un)
Bond & Share Co
')
Feb
150
2,944
17
Jun
1.70
Electric
'7
4%
350
21%
35%
15
Signal
Apr
14'A
'.'"s1
1-5
Jan
14% May
Feb
Jun
a46% a46 %
—
Jun
4%
10%
21%
.
Sears, Roebuck & Co
Shell
Union
Oil
Jan
25% Mar
900
30
6 % Mar
a43% a44%
Oil Works—
6
Jan
Apr
41%
3 "A Mar
125
185
5%
17%
58c
Feb
780
Safeway Stores Inc
San
Mauricio
Mining
Mar
a43%
Dorado
3%
13%
Jun
35'A
35%
_—___—
Apf
60
Jan
a46 %
(Un),
3%
13%
3%
Republic Steel Corp (Un)——_—•
Reynolds Tobacco "B" (Un)
10
Manufacturing Co
1
Richfield Oil Corp
—
•
Riverside Cement Co A (Un)_—,
♦
Roos Bros
1
16% May
_____10
Bridge
330
Feb
27%
3,000
Feb
Chemical Co com——^.—..15
Dow
Dumbarton
10
39c
580
45c
41%
10
Rheem
Apr
Mar
58%
5
'29%
.6%
i Doernbecher Mfg Co__—_—
_•
Dominguez Oil Fields Co (Un)—•
El
— <
p
.
Zv*%.
a58
a58::
12'A
42c
,
26% May
17% Feb
200
Jun
245
Republic
Jun
8%
1.00
Feb
May
12
.
114
15
15
.——5
59%
21
Preferred
101% May
128% May
50c
209
common
18% May
Feb
16'A
S
Class
Feb
a24% a26 %
5
Jan
70
32%
Giorgio Fruit Corp class
Feb
9%
32%
Rayonier Incorp common
—1
Preferred —25
16% Mar
10%
Di
16%
135
17%
12%
41%
;___-100
Corp of America (Un)
Radio Keith Orpheum (Un)
Apr
31%
Cypress
13% May
15
Jun
49%
4,323
;
17% May
-
Feb
15
2,745
17%
Railway Equipment & Realty com—
24 %
Jun
5
11%
J&n
Radio
r
Mar
47%
21
/
Inc.—
$4.20
Feb
8%
108
-i j
,
Jan
21
Pure
Jun
16
a66% a69%
11
12%
925
3% May
28% May
Corp common—
America
of
Zellerbach
27% May
:
Feb
780
Creameries
676
13
16% al6%
Puget Sound Pulp & Timber
Pullman Inc (Un)
Jun
Mar
—5
1
Crown
14%
•
38 % Mar
11%
17%
12%
a
■25%
Phelps
19% May
Feb
470
10%
16%
16%
12%
11%
33%
13 % Mar
a47% a47%
a69%
Jun
6% May
—50
Pioneer
47%
•
10%
—•
(Un)—__
(Un)—
—,
Jan
1,105
•
700
Jan
22% May
Pennsylvania RR Co
Jun
26
24%
10%
(Un)—
23
125
23%
24%
Consolidated Natural Gas Co (Un)__15
Consolidated Vultee Aircraft—,
—1
10%
(Un)__—
61
3%
47
Apr
(Un)__10
Companies common
Feb
32%
a28
,
6%
—10
20% Mar
:335
26%
213
(Un)_.
Dodge Corp. (Un)
Philippine Long Dist Tel
Phillips Petroleum Co
100
,V
6%
25
Corp
25
14%
6%
9
Mar
6
18% Mar
Pepsi Cola Co
Jun
.1,101
.
Jun
Feb
10
Jan
65%
3%
a
A—*
I:Continental Oil Co (Del) (Un)..
■
44%
Mar
27%
3%
a28
Consolidated Edison Co of N Y
;
14%
26'%
26%
*
—__25
Chemical
Consolidated
a
—*
(Un)___
Edison
Jun
54
al8% al8%
Colorado Fuel & Iron common—.
Columbia
38
12%
8%
525
940
/
170
,
Jun
12 Va
-100
com
Paramount Pictures
Jun
v
605
65%
Paraffine
1.50 May
<
Apr
393
38
-2.50
Cities
r
38
Chrysler Corp _—.A__v———
■
38
33% May
1.15
21%
15% Mar
20 %
5
10
common
Pan American Airways
%68% May
43%
1,860
'
45% May
53% Mar
5
37%
"III
__
Jan
441
a59 % a62%.
Jun
21%
Feb
a7"%
25
com
"
Case
20
*
•■_—(i—
Motor
14%
20
————
Tel
Western
Packard
260
10%
Preferred
Pacific
Jun
19% May
Mar
Service
&
18%
11%
20
Jun
65
a7%
25
25
common
•
——__—-♦
Corp
May
48 '/a Mar
11%
B
May
51c
982
*
:
31c
58%
1
class
3% Mar
Jan
1.15
20%
20%
—
y"- Bights
Jan
9
Jun
Tel
w.
18%
—
.
20
—
pfd
preferred
Pacific
"
6%
Jan
58%
58%
a25%
—
—
Public
26%
Jan
*
(Un)—.100
Jan
6%
Apr
50
8%
Feb
1,200
7%
*■7%
•i..- 6
7%
ft Calaveras Cement Co : —LliL —I
1st
May
56
(Un)_
Dividend
Pacific
25
Jun
_10
Pacific Portland Cement com
Jun
May
,
170
Mar
10
Aggregates
Corp (Un)—
Lighting
25%.
25 %
35c
—
1st Pfd
1st
Jan
18c
1
(Un)
& Electric com
1st pfd
5%
Jun
29%
131
a35
Jun
Feb
4
3
1
200
24%
a33 %
21
Feb
6%
34%
900
•
(Un)
Coast
Gas
Mar
4,200
(Un)
Finance
Pac
31
1
Cons___
Filters
Pacific
Jun
5%%
40
~*
La
iiii,;
6%
>
25
2%
_
23,978
21
United
Feb
a35
128
4,500
_1
Railway
(Un)
Pacific
19% Mar
30% Mar
17% '
___5
_5
Jun
50
816
Co
7%
_•
(Un;
common
Ltd
Sugar Co
Oliver
May
37%
37
20
___—1
Apr
16'A al6%
a
37%
i
40%
38
3C
-70
Olaa
May
42
Oil
5% May
42c
Petroleum
Ohio
36
•
Oil
Sugar Co
Occidental
Jun
280
£44
Oahu
Jun
7%
Jan
35
5
2
_
500
274
a42%
__
__33%c
(Un)
* 7%
270
270
5
(Un)__.—_
Byron Jackson Co
Feb
May
6%
29c
5
Aviation
Pacific
Northern
16% May
..
•
V
7
Feb
4%
May
280
—
*
(Un)
1,036
,
.6%
_
Sullivan
7%
17%
2.50
Corp__
Co
American
13% Mar
40c
North Amer Invest common—__100
North
1,565
27c
(Un)_
RR
American
American
Jun
14%
2.40
Company
Central
Y
Jun
19%
1
Service
North
37%
Jun
29c
Lines
North
May
16%
(Un)
&
24
6%
(Un)_____—.
Corp
Blair Holdings Corp
Hill
Feb
Feb
6 % Mar
100
7 Boeing Airplane Co (Un)
Bunker
89 %
20
7%
N
Jan
May
16%
Bishop Oil Co___———
^
45
22
7%
Natomas
Feb
18%
2.50.
•
Fibres—
City
Linen
35
360
41c
(Un)
Distillers Prod
Natl
May
13
.
—
(Un)
Jun
50
19 y4
1
10
Corp
37%
a33%
___
1
(Un)
May
Mar
10c
National
114% May
112 113%
__
Auto
a 34%
(Un)
Co
31
24
6%
-10
Lode
High
•
1,134
14%
14%
-
Cons
Mother
National
40'/a May
a22% a23%
112
2.50
3
_
Appliances..,,
'Bethlehem Steel
Mar
———_
California
Barnsdall
69
37
(Un)_100
(Un)__.
Ohio RR
&
50% Feb
5
Diesel' Engine_4_
Corp (Un)—
z.
Baltimore
170
345
___5
Locomotive
Jun
69
a51%
Mfg Co_t
& M & M
J
Nash-Kelvinator
May
20
(Un)
Mfg
67
155
51%
a53
(Un)
Imperial
Baldwin
Jan
143 % Mar
559
69
,
(Un)
Topeka & Santa Fe
Corp
Atlas
(111.)
Co
75
%
156%
a
a50%
14
(Un)
Copper Mining
&
155%
50
(Un)_,
California National Bank
Anglo
a65 a65
a
19
Range Since January 1
Low
31
37%
__
18
(Un)
Inc..,
Morrison-Knudsen
11
12% Mar
Co
Montgomery Ward & Co
"
&
30%
__
•
__5
(Un)
(Un)
Shares
High
1
—
Co
Co
Frank
Mindanao
May
27
2%
595
a65
al55%
Smelling & Refining (Un)
Tel
*
100
American
American
Low
5
*
(Un),
Co
Robbins Inc
&
&
Menasco
Mar
24% May
700
16%
(Un)
Meier
L)
Sugar
McKesson
4% May
10
Navigation
McBryde
4% May
9
(Glenn
Matson
Jan
Bancorporation
Martin
26% May
3%
._*
American Rad & Stand Sanit'y
1%
23% Mar
100
3%
—_20
(Un)
Light
85
Marine
High
Jun
9
1
Foreign Power (Un)
Ltd
%
3%
3%
_1
Inc
Factors
3%
10
(Un)
Corp
Airlines
American
Mining Co
150
a24 % a24%
•
Range Since January 1
Low
%
Calculating Machine
Marchant
Shares
for Week
of Prices
Par
High
v8
50c
Corp
Reduction
Low
STOCKS—
for Week
Range
,
Sale Price
Sales
of Prices
Sale Price
STOCKS—
Exchange
Week's
Friday
Last
Sales
Week's
Range
Friday
San Francisco Stock
.
24:
i
May
46
(2720)
'THE COMMERCIAL &
CANADIAN
RAN<;t;
Montreal Slock
FINANCIAL CHRONICLE
LISTED
MARKETS
FOR WEEK ENDED JUNE
18
'
Friday
Week*
Last
Last
STOCKS—
Par
Abttibi
Power
&
Paper common
preferred
12% Mar
21
1,352
177/j Mar
193/4 May
21'A May
38 A
25
36% Mar
18
18 Mr
18
——-—100
?'''•
'
=;
205
16%
■
53
•
100
30
73A
100
7% Mar
54'A
1,365
33'A Mar
56%
63 '/a
National
?
Jan
100%
Ogilvie Flour Mills
63'/a
64
246
43Feb
65%
Jun
25
25%
800
24
25%
Apr
Co
of
Can
4%
pfd
10
25
Amalgamated Electric Corp
Aigus Corp Ltd common
4% %
..*
10
10
250
J*
preferred
10
7
63A
7
595
100
77
77
77
27'/a
27'/a
28
Bathnrst
Bell
880
Pow
&
Pap
class
A
•
Telephone
33/t%
conv
B
Bruck Mills
Building
Bulolo
Gold
Dredging
*4
"
.
}
^
'
•
$1.30
105
"152
1
North
Canada
Power
Steamship
common
oCrp
Feb
35
18
J,
•
••'
150
22
29
12%
__7;7
•
40
:
common
*
Celanese
common
9%
...
9*
Mar
class A pfd
'=200
15
1
42
Feb
18%*
1,675
380
15
84
1,170
58 r
-
39
Jan
15
Mar
39
800
22%
23
35
21
18%
Mar
15%
15%
16%
75
13
Apr
12
12
12
75
12
Jan
47
*
1
46
47
480
44
Jan
Jan
>
6r/o preferred
Canadian Foreign Investment:
25
common
_
Canadian
Class
Ind
B
Canadian
—
Alcohol
35% Mar
•
_
-
Companies
Pacific
CockshUtt
A
&
Consumers Glass
Vlau
15
20%
21%
14,146
12% Mar
10'A
31%
25
21%
common
19%
35^'.
preferred
Donohue
Bros
preferred
Gatineau
L7o
Power
8%
34
24%
10
'24%
27
37'A
21%
12%
19%
igi/2
SteeL Wares
-common
Oil
4%
Jamaica
Public Service
Labatt Limited (John)
Lake of the Woods
Ltd
(John
A)__.
preferred
3%
75
26
v
■
Feb
-
Mar
25%
70;;:.
*13% May
20
Jan
29
34%:
50
.
16 % Mar
Jan
17 %
Apr
18%
Feb
20
Apr
108
Apr
111%
14
51%
60
50
17
235
9
13
.
23%
1,525
19
44
15,331
135,090
13%
Feb
Mar
43%
Jan
Mar
1.55
12
Jun
Jan
52%
17
.•
35
_
page 45.
46%
47%
602
44% Mar
47%
Jun 5
26
26
305
27
Apr
46%
26
;
22
Mar
155
155
90
144
Feb
16%-
16%
16%
690
: 12
Mar
15%
15%
15%
273
100
155
-
2-
19
20
19
17%
Feb
-21
May |
16%
Feb
20
Jun *
7%
1,916
90
25
90
85
671
65
72
f
-
8
21
96
■
1.95
...•
' '
'•
■
•''''
'
*'
;
14
•
Jun
103
34
"
;
i
13
29% Mar
39%
&
Mar
70%
19
19
25%
15'A
16 V8
33,675
11
Mar
49
53,7/3
16%
39
Mar
13%
133/4
53
20
■
^
;
10% Mar
13%
V'V
14
Columbia
■;
235
11'A Mar
25%
185
23
30
30
255
27
20%
Feb
20%
21%
32%
16% Mar
21 %
Apr
25%
Feb
"10
27%
Jun
15
15
15
200
10%
10%
1,460
25%
Jun
20%
405
20
22'A
345
21%
25
210
25
26 Vs
980
24%
25
1,145
35
800
35
17%
85
Ltd
cl
23
Apr
•
8
g
1,097
5
Mar
21
213/8
5/222
16
Mar
14b/8
.
i4ya
21%
15y8
2,604
20 %
20%
210
20'A
16
-
Feb
Jun
May)'
|
21'A
1
Apr
23
Jan J
/ Jan
27^.
Feb
28
I
Feb*!;Jan
23% Mar
25%
Jan
38
Jan
Mar
|
is
class
11
Ltd
160
160
160
9
40c
13
Ltd
•TTT10T
155
50.;
Inteir
Inv
;.81:
123A
13%
130
.6%
6%
preferred
Silk
•
7'
Western
:•%, 50
M
36%
^
6
6
=? 12%
•;
•12
12
•
16%-
12
25
16%
17
23'A
153
72%
72%
101
72%
101
38%
2%
23/4
*
11
'
*
'
Claude
Prod
Neon
General
Commercial
•
87o
*
-
42
"•
2%-
24
39%
167
4%
4%
17
•
r
Mar
1.45
10
50
22
865
167
'*'■
;■
;
.
Mar
Mar
-
20% Mar
265
7,925
130
Jun
16 % May
'•
29
15
29
15
21% May
8
Jun
25
42
'
Apr
}
.
1 Jan
•
f
Jun
Jun
4% May
100
common
_*
51
51
Ltd
—
pfd
—-—
6%
5
Feb
15
Jan
15
50
7% May
46 % Apr
8
Consolidated
Paper Corp
Consolidated
Textile Mills
Standard
Sec
Ltd
Ltd
pfd
*
*
(
5
6%
4,475
7%
7%
325
3%
-16
16
21
51
24
1,150
17%
100
28
50
17%
V
28
=
•v
"2"
16
Jun
143A Mar
9
;
-
16
27%
Feb
May
Apr
.
Jan
Jun
'
Jun
1
7%
*
Jun
6%
Apr
•
8.629
22-34
20
—__—_*
May
-^
„
Feb
6%
I
20%
21
com..*
30
*
■■I 6%,
>
:
26
32
8
Advert
Consolidated
5%
preferred
Cosmos Imperial Mills
Jun
27/8 May
23/4 May
31
15
10
■
*
pfdr.
preferred——
Div
39%
.* :
Jan
167
Feb
3%
•,.:*!
May
14
,
;
Jan
75;'
Feb
1.50 Mar
7
Jan
106%
v
Jun
1
.
Jun
175
•h.V,
Jan
8
•'••
230
4%
.
Jun
Jail
24 y2
;.'i!
3,625-.
42
152
2
V'"M2%
Jan
101•
---'-62
24%
Jan
Jun
37
Feb
61%
5
-V 212
14
:
11
13 %
■
8s/a Mar
7-
'y-
Jun
Jan
19% Mar
162
Jun
12
'
Apr
r
20(4
50
Jun
14
Jun
14 lA May
10% Mar
Z1'
Jun
v.
Ltd
Alcohols
23A
13%
100
Catelli Food Products Ltd common
5% preferred
:
Steel
39%
•
-2%
'
/
*> 6
_
25
-
Jun
"7 Apr
7 34
,
..
-875
169
:
12
203
23
J
,
Feb
Feb
44
5
168
23'A
113A
25
•
j.
Jan
115.
15%
i.
35
12%
134(4
6%
-
78 y2 Mar
,
Jun
7% May
Feb
3% Mar
V
60
tJ'j
36'A
1
£ 74
695
50
;-V.
12%
1
4% Mar
100
100
Co
Jun
950
"140
comj*
1—
14%
20
•
*
-common
Lumber
Apr
,13
'mj£±
'?*'-•.
5
*
11%
10 ir
.12; '.!? 12
_*
A
Jan
;
13
;
;
■
pfd.100
class
%
19%
20
Jan
Jan
16
20
:
*
Jun
9'/a
1.00
-16
9,755 i"
115
160
Apr
Jan
Jan
125
.
Jun
Jun
5%
...
Jun
13%
14'A
125
.
23%
!
13%
,5'/b
.1.12
.112%
« •v
Apr
':
Jun
v
125
—1*
Products
120
:.
5%
L—J*
5'k
i
High
12%
Mar
40c
16
—100
Trust
January 1 ,j,;
!
Mar
7%
800
;
13%
v'V
:
10
16
■$
com—*
common
i
137/a
-1
•
Investments
'
Jan
...15
3,497
.:
13%
A_._._
Ltd
■f'V 9
150
9
40c
1,750
12% (
6% ;v
—
Products
23 34.
40c
:
■>
common-
/<■ '•
Low
12%
13%
&L&J2
B
class
v^* *J '
Range Sin
High
12%
■
Ltd
Starch Co
Low
'iV/a
:
1
..jj.
.ri'C
Shares
23
*
Sugar
Salea
for Week
.
10% May
8% May
9% Mar
May
29
:
{
27
Mar
25
Range
12%
100
Dominion
Gen
i
Jun
16
Feb
{■
May f
«
Week*
*
A_>
Ltd
Co
Flooring
'Canadian
Jan
Jan
"9
f
Jan
-
267/8 May
35
of Pricea
1
Vancouv Ltd_5
Vinegars Ltd
Chatco
14% Mar
.
i i
:i.iV.
'45
15
4
Jan
21
Feb
i
25 %
Sale Price
•
common..:.^...
Canadian Vickers Ltd
7% preferred
May
10%
Jun
May
'
*
Packers
Hosiery
Canadian
Jan
557
22
Mar
20%
34%
':
v...
A
:
13
25
60
r
Feb ?
100
27%
20
25
«
com .,-,
class
,:
Food
Jan
12%
23
Jun
28 -,
Mar
19
15
25
*
Ltd
57c
Jun
23
Mar
27
22
7--
..
26
-100
Canadian Light & Power Co
Canadian Marconi Co
^Canadian Pow & Paper Inv Ltd
Jun
2,457
23*,*
101
lion
27
Jun
280
13% Mar
22
Feb
*
99
1,250
v
35
——
of
•Canadian
Jun
190
?v Jan
22% Mar
32
43% " "*44
22%
Co.:.:.. .^..5
Hosiery
Ltd
Canadian Industries
7% preferred
Jun
46
15i/a
*
21
101
96
'%'
V
•;;;(
•
common
Distillers
'Canadian
Jan
2,350
15
20
15
-
;
31% May
127%-
■:
;
Canadian Ingersol Rand Co Ltd
II,272
__
Jun
8% May 1
69% Mar
-
Par
Limited.
(Canadian
Jun
30
*
5 :'s Mar
24
May
Jan
25
a
Apr
.
1,330
253/a
43%
10
Works Ltd
Canada
Jan
100'A
Mar
82
1,735
25V2
1,
'V-
~*i
Development
&
.Canada
25% May
42% Jim
69%
7
Jan
80
'•/•"■ 75'
"«•••'(
19
• ;
10
'STOCKS—=
Glove
Butterfly
Jun
39 3A
12%
*
97
-
Jan
Mar
25%^26(A
99% 99%
Last
!l
& Millen
19% May
13%
5
;;Jun
"273/4 ' 28%
—
10
Co
66%
153A /
•
595
•
21
25
Ltd
511/2
•
•;;
■
101
' •' 95-7:89 %
>
•
8% May f
'
t
7%
101
__....10
Malting
67
~
5% Mar
79
V v.-.
|
16
25
82
/
:
j
May:?
1,175
90
;
•
.
Jun
19
82
1.
16%
.
;
Jun
155,
11 % Mar
78%
—
82
27%
-
15
_•
j.
i
Jun
20
*
' 7%
-
*
...
Packers
38%
8
see
Jun
133
Z/ .'.j. v,'.K; '''
Canada
38%
_•
...
23%
10
Canada
21
Oil
20% Mar
"
—
May
90
•
Mitchell (Robert)
6,895
—♦ c. •••'. 7%
•)—
48% May
53'A Jun
Feb
Feb
■
23%
May
29%
9%
"
■
22%
British Columbia Pulp &
Paper com..*
9% May
24% Mar
22
t:
23'A
.........'.-L-i..—-.25
Brown Company
Preferred
Jan
175
325
,_
Mar
100
Class B
Jan
955
\100
*
109
'
:
Steel
British
Jun
25'A
n
'
■
420
Worts...
Brewers
Jun
42%
34
102 % May
133
*
A-
Glove
Atlas
Jan
41
11
14% May
Jan
131
Jan
25'A
33
«
May
Mar
132%
.•
&
26
Apr
32
Jan
■
100
24%
101
Jun
*.(
Belding-Corticelli Ltd
Jan
100% 100%
_•
—
475
Jan i
;•
Canada
14
1,320
Feb
25
13%
16%
*
—
J"
Acme
Jun
17%
•
253/4
31%
♦
—
Canada
280
53
1-95
Mar
6%
18%
—
4
Mar
"
4
Feb
Jan
1,141
343/4
47'%
•
550
•v
90
2% Mar
150
25%
46
25
Brandram-Henderson
87
I,075
w
13%
Friday
?
Brand
3%/''
Jan
Jan.
•••;.c:
..
Belgium
16%
13 %
17%
■
18% May
52% ' r 52%
42%:
■
24%
107%
Feb
102% 102%
Canadian Funds
15% Mar
102
10%
15% Mar
Jun
r.
•'
Jan(
125
893
•=
•
17%
•
•
Montreal Curb Market
19
50
*
•
12%
•
;
860
Mar
:
28
common
,
200
1.55
68
•
•.v-••;v
Royal
17%
13%
54% Mar
66%
16%
225
10
Toronto
24%
13%*
88'5
65%
12%
Jun
Jun
May
31
'■*18% May
18%
17
30
50
common
•
Montreal
,
19% May
14% Mar
33%
Feb
•
common..
preferred
Anglo-Nfld
11%
47%
__
*
5%
;f
May
150
9
11
'
"
—
i.'i—...100
V
Jan
105
'
100
15%
31
—
Power
May
.
23%
44%
10% Mar
22 v; May
330
17
93/3
•
MacMlllan Export class A
Feb
"
19
■
51%
—
17
67
Jan
Jan
17
31/2
Mar'
.
,
35% Mar
*
....
-
16 %
__
25
_
Lewis Bros Ltd
For footnotes
11
5
3
Massey-Harris
McColl-Frontenac
4,114
-V
111 % 1111/4
•
—
Secord
B
20
70
*
common
Class
22 % Mar
150
20
25
International Paper common
International Petroleum Co Dtd
International Power
International Utilities
Corp
6%
330
90
100
—
Co
19% May
27% May
t
17V2
I.75
Intercolonial Coal common
International Bronze common
International Nickel of Canada
Legare
Feb
105
Canada common_5
prefererd
Laura
14
v
-
i93/4
•
of
Co
37% May
90
•
Industrial Accep Coip class A
57c
preferred
Lang & Sons Ltd
28
Feb
104
1
Imperial Tobacco
Jan
Feb
30
193/4
Ltd
20
23
104
:•
63
5
•
Ltd
17
111 %
45
65
44
•■i.;
24
__
36%'Juni
Jan
25
193/4
•
$2 preferred
Hudson Bay Mining &
Smelting
Rights
4'
•
•
common
10
17
50
Hamilton Bridge
Howard Smith Paper
Imperial
Feb
19
17%
*
—
Goodyear Tire 4% pfd
Gypsum Lime & Alabastlne
-
8
16%
17
•
20%
Feb
290
com
preferred
Canadlenne
Jun
3,385
12%
18"%
Feb
29
•
.—
Commerce
Jan
50
■
•
21%
;•
100
Ltd
10%
Apr
27
100
1
preferred
General
Feb '/
16% Mar
212/4
19
100
«.—I
General Bakeries
9%
1,506
___•
common
preferred
5 %%
%
Feb
27%
__
Jun
15%
535
44
Corp
(Geol
Banks—
r
r
Feb
27
l
Enamel & Heating Prod
Famous Players Canada
Corp
Foundation Co of Can
Jun
Jan
16
173/4
20
1,680
Jun
11%
certificates—
.6%,preferred
j
38%
27
26
36%
Apr
18% May
42
44
—
§
1213/4
635
__
Jan
10o
2
...
3,340
17%
__
25
11%
Winnipeg Eleetrlc common.::;.:.
Zellera Limited
—i__•
...
Jun
32
*
Eddy Paper Co class A preferredElectrolux Corp
,
.
Jan
21%
27%
12%
3,015
-
*
Imperial
'
•
167
'
Mar
Feb
I',-■■■■,
Wilsils
Jan
15%
Mar
_
Dryden Paper
Gair Co
32
30
20
36'A
>
28% May
Jan
16
18%
common.—-,
preferred
100
4%%
22% May
33% May
V
__
.
25
24%
—.
23%
common
Ltd
Feb
91% Mar
8%
•
25
Chemical common..•
Textile
10
5,828
30
20%
...
:•
Dominion Steel & Coal class B
Red
20% Mar
31'A
;
*
preferred
Dominion Foundries & Steel
Dominion Glass common
Dominion
.1,150
10'A
19%
__
&
"
15%
15%
116% 121%
371/2
371/2
10%
•
preferred
trust
Steel
Weston
21% May
.*
162%
44
common
Wabasso Cotton
Walker Gooderham
14% May
13% Apr
11% Mar
_•
Dominion Tar
Mar
~
j
B__*
5%
!■
10
580
Dominion Coal 6%
■
Mar
565
Distillers Seagrams
Dominion Bridge 7.
Dairies
10
540
15%
; 24% Mar
(55
.*■ 25
37
13%
••:
Biscuit
5%
Jun
12%
117%
105"
;
1,995
•
preferred
United
May
12%
5
>
v
j
Jan'
May;
50
com
prefeired.:
Williams of Canada
preferred
1%
,Jun
30
36
26%
__
Dominion
970
13
25
26'A Mar'
26
•
Davis Leather Co Ltd class
47
150
620
,
12%
21%
52
-J
pfd
Power
4%
Steel Co of Canada
Jun
12%
__
25
Smelting
30
31
12%
25%
Mar
1,075
—
100
preferred
5%
18% May
12 3/4 Jun
-\
&
Standard Chebilcal
May
23
12%
y
Mining
A
Press
Jun
26'A
.*
Plow
Consolidated
13
..
Railway
30
30%
_•
Oil
Canadian
class
Paper 6%
Canada
Jun
39
.
pfd
-
Southern
•
30%
__
.*
...
Locomotive
Canadian
■.*,
'
26
May
23%
—
25
Ltd com
preferred
Lawrence Flour Mills com.....
Southam
Jun
84
Feb
38'A
__
Mar
44%
16%
'•
4%%
A
Voting
44% May
93/4 Mar
preferred
common
Sicks Breweries
Jun
.,23%
17% Mar
34
*
,
•
May,
18
V
/.
•65%
*
Jun
43
42
15%
•
-
Lawrence Corp
Class
,7%
Jan
14% May
35% Mar
common.
Apr
13
■23%
44%
•
$1.60
Power
.
20
B
Cottons
Paper
Sherwin
Jan
101%
Ltd
Knitting
Series
May
11
Mar
40'%
80%
18
Mar
14%
25
_
Jan
11
195
18
15
dp; Co
Shawinigan Water
.
Class
Bros
of Canada
St Lawrence
May
May
98
13,818
84
23%
*"
Jan
45%
'10% Mar
23
20%
65
_1
Co
Apr
45
"
■
St
St
May
29
27
15
44
^
22
Jan
280
22%
25
_
Canadian Converters
Canadian
River
Rolland
-
Jan
50
100
13 Va "
44
18
*
series
common
Development
Regent
8% May
27
:
50 V;
29%
14%
Mar
50
•'•
36
40
41% Mar
:
2,575
167
18%
37
250
■
18%
40%
\
20
-
Jun
25
545
21%
*
20
series
33%
14% Mar
100
16
100
13
1,229
27'.?•
9%
__
50
Class A
$1.00
Price
Jan
Feb
21
100
'16
.100
42
Provincial Transport
Quebec Power
May
15% May
7% Feb
16
8%
27
16
.
*
pfd
Canadian Car & Foundry common
$1.75
Feb
2% Mar
28%
16
<8%
__
Canadian
24%
'
28%
:•
preferred
Canadian Breweries
'•
Placer
4% May
27
Apr
3% May
450
29
10
common
5%
Canadian Bronze
2% Mar
475
„
Rwys
Powef "common..
18% May
rApr- w
'[ '■ 1,447
26%
167
•
Power Corp
May
27% May
35
21%
*
_
Safeway Ltd 4'A%
Canada
r
A
25%
*
Powell
Jun
32 %'
21%
100
class
Iron Foundries
Canada
174%
32
__
•
preferred
Canada
Mar
34%
__
•
'
Forgings
Jan
2%
*
•' '
Canada Cement common
Canada
24
26 %
5
„_
Burrard Dry Dock Co Ltd class A
30
•"'•38:: May
-
25
23A
*
&
Ltd
Saguenay
Products
*
H
Penmans
22% May
Feb
295
__
'
Feb
20%
4,605
32%'
L
**'
■10
•v.,
50%
181A
'jJiZJJZl
Page-Hersey Tubes
Jan
4,279
27
'
22
2,045
26%
...*
17% Mar
common-.;—
Products
Mar
Jan
243A
4%
2%
80
Electric
Ottawa
29% May
17
4
•
Ottawa
Jan
160
26%
4
Mar
24% Mar
245
__
•.
:
70
Steel
Feb
14
1,110
45
49%
Too
Ontario
Feb
7%
686
24%
•
13
20%
20
24'A
25
Corp Class A
21'/a
170 171'/a
20 Va
•
preferred
21'A
171
•
British Columbia Forest Products
British Col Power
Class
21 »A
100
Brazilian Trac Light & Power
British
American
Oil
common
Jan
5% Mar
61
*
Asbestos Corp
Feb
45
49%
preferred
.
Aluminum
J.™i—.
High
34
780
.•
Wire •
Noranda Mines Ltd
Jan
740
%*>» 38 %>.- *40
45
Car
Niagara
Feb
9
Low
37%
pfd__ —-5 !,AJ;Cvvt,Vl2%-'l2 %
Corp._i._^j;ii
25%*
25 :.. 26
Weaving •■J-i'J'z—24%\ 24%
Steel
''-
'
.
40 *
39
■* *
.
V
.—
Api
53
-
100
A
f
-j
Range Since January 1
■17%":';.^:*17%v>'l7'%:* :v*'^'395*
:::ioo
-
Shares
High
37
:J>
National Breweries common.
7% preferred
——
.—25:
National Drug 6t Chemical
39
Apr
i; 19 % May
Feb
Low
*
Works—..
-
100
*
Aluminium Ltd
_
7%
*
Algoma Steel
Tramways
Higa
2,657
38'A
*
Agnew-Surpass Shoe
Montreal
Low
19
20>/2
207/e
.-20
—
High
Range Since January 1
18
is
20
$2.50 preferred
Acadia-Atlantic Sugar clang A—
5%
Low
.♦
$1.50 preferred
Shares
v
for Week '
«f Prices
Par
Molson Brejveries Ltd
Montreal Locomotive
for Week
of Prices
Salee^
•
Range
-
Sale Price
Salea
Range
Sale Price
Week*
Friday
Exchange
Canadian Fonda
STOCKS—
Monday, June 21, 1948
.'V
Jun
16%
Feb
i
21% May '
24 1: Jun
1778
Jun
28
Jun
■
Volume
167
Number 4709
THE
COMMERCIAL
&
CANADIAN
RANGE
FINANCIAL
LISTED
FOB WEEK
CHRONICLE
(2721)
41
.
MARKETS
ENDED
JUNE
life
"
Friday
/
/
.
,
Last
Sale Price ;
•
,
STOCKS—
Week's
&
Frere
Limitee
class
B
Dominion
Engineering Works
Dominion Square Corp
Dominion
Woollens
Donnacona
43
43
•
42%
16%
*
22
22
-,.,100
26
;
260
63A
10
33%
f
44'/2
17%
1
Paper Co Ltd:
Low
10'/2
44%*
Range Since January 1
High
10%
*
Ltd—
Worsteds
&
Low
*
v/l
Week's
18%. V ■' 5,210
22'/2
,2,044
Sale Price
High
11
Feb,
43% May
44% Jun
Sheep Creek Gold* Mines
18'A
Sherrltt-Gordon
Feb
10% .Mar
for Week
Shares
Low
Feb
37'A
30
STOCKS—
Sales
Range
Last
Shares
.
of Prices
Friday
for Week
Range •
of Prices
Par
David
Sales
Rochette Gold
Jun
Jan
23% May.
26
Jun
28
10c
13c
Mines
Low
High
10c.
500
8c
Jun
17o
May
13c
18,000
11c
Jun
17c
May
1.14
900
1.01 Mar
1.15
Jan
'8,900
1.45 Mar
3.25
Apr
,
Ltd
Ltd
10c
11c
1.14
Santiago Mines Ltd
Jun
20
Mines. Co, Ltd—
Range Since January 1
High,
2.55
2.40
2.65
44c
45c
47c
3,350
53C
52c
54c
4,424
67c
Jan
10c
10c
10c
500
11c
Jan
Siscoe Gold Mines Ltd
■I
35c
50c
Apr
Apr
'
East
Kootenay
Fleet
!
Mfg>
Ford
^
7%
Pr
pfd
*
Fraser
class
Hinde
Dauch
Horner
Ltd
Hydro-Electric
:
19%
class
(Can)
Apr
Vinray
Feb
19%
19%
360
42%
25
14%
130
13%
Apr
15%
20
20
175
18
Feb
20%, Jun
-—100
Ltd
'•
\
20%
May
8»a;
Inc
Consolidated
50
8
Jun
2%
Jan
8%
8%
13%
Minnesota
.Moore
Russell
/
Industries
Southern
1.80
1.85
1.97
3,600
1.25
8.90
435
5.25
Feb
7c
'7c
1,000
7c
82
15c
13%
Oil
•
Ltd
Co
Co
*
15c
15c
2,500
*
Ltd
18%
18%
75
Apr
8%. Jan
Feb
13%
Exploration Ltd
Oils
Royalite
14%
Apr
Mar
7
Omnltrans
Jun
25
>19%
Apr
20
Jun
Friday
19
Jun
20%
Jan
'.V A 19. y
10
•
19
9
Jan
19
12
,
'
.
10%
Jan
Jfcn
12%
19
Jun
Toronto Stock
Stowell
Screw
A ^ 13" '
Co
26%.
Ltd
Last
Class
B.
United
■
■
—
Corporation class
Class B
9%
110
-
;V; v-./.w
'-
-:t
J..
Feb
Jan>
18 Va
%
42 c
75%
"***
Jan
110%
.
^
/'..
13
38
Mar
20
'
'
Alberta
Pacific
Algoma
38
29%.
.29%
Jun
13 Vi
23
Jan*
6'/a
Feb
Alta
-
t
•
Mines
Arno
i
Mines Ltd
Ltd
104
Feb
29%.
24
21%'
37n
Feb..
16
42c
/
..
7% Mar i;
v
Feb
38
38
29
Mar
29 >A
Jun
40.
f-.'
-r
Band-Ore
v
i
»
Base
Beatrice
i
Lake
2c
'
*
•
Mines
■y'a,/
'
•
i' V
-
2G ~
*
-V
1,000
V.
'
500
.>
11c
12.%c
20c
«.•
*
'
.18'Ac
Yellowknife Mines Ltd—,—1
...
Lake Gold
Mines
Ltd.—
"
.
Jun
7c
Mar
29%c.:,'
Bonville Gold Mines Ltd —__.__1
;
BouscadiJlaiTGold^. Mines Ltd
t
•
Candego
Gold
Mines—
Central Patricia
Centremaque
•(.'
i ;
Goid
Mines
Corp
Ltd
Ltd
3%c
' 28c
30c
1.18
10c ;-,f: V 7c
'
10c
10c
30c
1
yU
.—1
—
10c
,
v:-'
Cheskirk Mines Ltd
v
.■
-
3%c
1,10
-_•
Mar
'
24c
Cons
..1
u
Consol
Central
Cortez
Explorations
i
Cournor Mining Co Ltd.
Cadillac
Mines
Ltd.—1
Ltd—
5V2c.
-
^ 10c
'
12c
8c
1
•••.<• •
I
Dickenson
Dome Mines Ltd
Red
Lake
a
f
——«
Donaldo Mines Ltd
;i
...——1
—
;
—
■'
—
2%c May
3%cMar. V
•' 7,000
i-M 1,300
.28c
-j
1:10
1,000
;•
'V.
5'Ac -Feb
-
5c
*
*
Jun
6;626^>S lBfe
'
14c
*
9c
:
'
56o
-56c
>
-
80c
24c
2,500
:'::130^:
•
125c
r--
j
:v
Mines
Eldona Gold
i
i-
...1
East Sullivan Mines Ltd.;
Mines
Falconbridge
1
Ltd
Nickel
Fontana
Mines
J
—1
(1945)
y
: 1.42
Ltd-——*
Ltd
2.85
|
>
Ltd———r—1
Mines
1.57.
.
.
/4.70.
2.67
;
Mar
127,200
4.70
3c" '
;
,'C-
100
»
3c
22c
' 22c
•
,?
Mar
V
Found, Lake
i;- Goldvue
:/
'
Heva
Gold
Mines
Ltd——.x.l /"■/
Ltd
Gold. Mines
——l//-
Ltd
Gold
Mines
International Uranium* Mining
Co'
1
1
v,; 22,000.
16c
•/•,'■
12c
6c
„
10c
,
1,000
'
•/
58%c * 60c
11c
-
635
8.50
>
,
J-M
Consolidated Gold
Jack Lake Mines Ltd
Mines
Ltd—1
Joliet-Quebec Mines Ltd —'
i
■,
;,I
Lake
Gold
Mines
Ltd
2c'
...
1
Kerr Addison Gold Mines Ltd——1
Lake Shore Mines Ltd
1
Lingman
2c
_1
3,774
1,800"
8.35
»
8.25
8.35
64c
.
Macdonald Mines Ltd_
:
..Malartic Gold Fields Ltd—
-*_1
;■
Mclntyre-Porcupine Mines Ltd ——5
:
;
Nechi
Negus
Cons
Dredging___
Mines
1
i
—,
Mar.
,
,
■'
,.
—.—•
'
.1.00
::'i
/:2.54
4.70
.'
Jun
6c,
Mar
-20c
O'Brien
Gold
Pandora
Cadallic
Pen-Rey
i
'
Quebec
Gold
Mines
Ltd—;
Gold
Mines
Mines
1
Ltd
1
Ltd—
—1
6%.
Labrador-Development
1
Nova
of
of
66c
V
Quemont
Mining
Corp
Ltd
26c
For footnotes see
page 45.
/
i—■.
13%
5c
Apr
Jun
Feb
9%c
Jan
14 %c
Jun
5% Mar
67
..
.
Mar
6c
7% May
83
Jan
Mar
15c
Jan
15c. Mar
39c
Jun
11
13,000
:
6c
>
'
,
230
14% May
Apr
*
"
8c
13,500.
6c
8c
8%c
13
13%
6c
4,705
1,500
.
.
Mar
6c
Mar
4c
13,000
.
Mar
10 %c
..
12c
10c
10'/a.Mar
Jan
Febi
May
13% Jun
".
-• v
13 %c 13%c
•
11c
9c
Feb
1,000
24,400
8c
Apr
2,400
12c
17c
15c
Mar
19c
.
2,040
'
" \
'
'
/
15c
Feb
15c
Feb
25c
.
3.00 Apr
7% Jan
.
25
100.
.
1
Jan
4.00
8
Jan
Jun
97/a. Apr
10% May
8%c Mar
,
1,200
1
2,175
-10
Scotia
670
10
....
20%c Jan
5c
May
25
8c
Feb
..
28
Mar
Jan
725
10
34% May
37%
Feb
800
*
Mining
17 %c
20c
21
21'/a
class A_.
Power
—•
——
Yellowknife
Beaulieu
Bell
—1
.
Telephone
.100
41
"
34%
38%
Jan
47,350
..
325
Feb
Mar
24c
Mar
22
Jan
41 %
Jun
Mar
25o
Jan
Mar
174%
Jun
65c
Jan
May
9c
17
41
r
'«•'
:
River
Berens
&
:—
13c
25
>
■
170
172
■
A
38%
.
■>// //.
Bidgood
./j-'.V:yy;.;
5. //.
1
Kirkland, Gold-
Bob Jo Mines Ltd
/•"
28c
1
Bevcourt Gold
]•
18
—.
>://.
17c
1
26o
16c
;
12 %c
9c
32c
Jun
17
.
25
200
Apr
160
2,000
18
5//,.*'-5
y/:i:/;
••
23,900
-1,145
// . '
32c
32c V
__
*
_*
■■—j
//
•.
.
—1
—_
class
Sons
B
f
j
11c
170'/a
May
'
.
HV2c
/' />
.
Class
Feb
4% Mar
.
v
18 %
11c
...
Bonetal Gold
■
25c
Mar
31,100
17c
4,500
16c
Jun
28c
Jan
7,300
10c
Mar
17c
Jan
13c. May
29c
12'Ac 12 %c
■
60c
.
Feb
—1
.——
Gold
Bordulac
16c
—1
;
Mines
:—1
_
16c
•
500
5c
—
'
5c
;
2,000
39c
—
/.
40c
17,800
2%c
Feb
Apr
5c
55c
Bowes Co class A
—
Pershing
Boycon
i
Bralorne Mines Ltd
Brand & Millon olass A
Brantford
Cordage
•
6.00 /.
•
—
preferred
_25
,
Mar
10
53
10
3'/2c
8.00
8.25
690
40c
500
>
—
1'—3 '/2c
!
10
3 '/2c
40c
,-
—j
?■
Jan ' *
25c
200
65c
73c
75c
1.80
56'%
1.84
56%
:
935
'll"/»
v
,
3,000
•'
29,600
12%
Jun
Jun
52c
•
>
Brazilian Traction Light & Pwr com;—*
Brewers <fc
Distillers
5
——
Red
Brewis
Lake.
Bright's Wines
;
25
Mar
20
20%
153i
153A
5o
...
3c
1,000
:
Jun
10
May
,
6c
11
.7.50 Apr
■
Jun
Jan
Jan
May
35c
1.00
Feb
Apr
50
5c
25
Jun
26,'/2
3,071
/ 17
Feb
22% May*
16%- Jan
25
20%.
153A
—1
;
i
14%
-
3%%
.
15
.2,100
v
conv
V
14
,
May
..
4%.c Apr
.
3,200
50c
Feb? "
Mar
1.45
Jan
55c
100
1.00
2.25
100
2.63
-
;
2,800
9,700
Mar
80c
2.20
88c
,
_
1.90
Apr
' :?56%; Jun
400
1.48
1.65
>.
,
Feb'
65.
Columbia
Electric
Columbia
Forest
Columbia
1,18
Jun
2.25
/
7%c Jan
Packers
pfd
•_
Feb
23"%. Jan
23
Apr
24%
Apr
27,'A.May
Jan
40
91
Mar
3,800
3
Mar
4% May
A.
315
11%
Apr
4'A Mar
14% May
221
300
24% Jan
27
class
99
Columbia Power A
7% May
Class B
British
Jun
990
Dominion
Rubber
Oil
26,000
preferred
83
2
Apr
Mar
3% May
35c
100
May
May
Jun
1.48
1.55 Mar
6c
3,600
5c
.
Jan
13c
1,000
10c
May
1.50 Mar
70c
4,250
57c
Jan
y 2.67 May
Bruck
Mills
32%
Buffadison Gold
26c
27c
> 22,200
19c
Feb
10c
10c
14
14
6c
Apr
13%
Jan
31%
32%
120
33%
Jun
99c
Jan
22c
.
Ankerite
Buffalo
Canadian
Buffalo
Red
21c
24c
18.758
—
1.75
1.78
900
2.40 Jan
6C
500
15%c Feb
9c
1,500
*
_
,
2.17, Jan
7'/2c
Jan
20o
Mar
200
'; 20
Jun:
Products.
B
British
May
800
1,500
1,075
.
2,580
British
British
Mar
Mar
1.85
,
22
Jan
1.95
..
common
46
.
preferred
British
Mar
42c
" 500
Oil
.
British
Mar":
30c
*
—•
American
British
May
14% Mar
<
,
Feb,-
89c
'
.
Mar
May.
28c.
.
'.
85cMay
3,000
12'A
:
5%. May
/
30c
.
f
44c
66c
__
30c
13%,
f.
—_—_*
——,—v
Y
Feb»
—,
1
«
9.20
68c
6%c Mar
■
Feb? ;
6c
26c
—
2,600
1
A
Beatty Bros
/
Bertram
Jan
May
6c
T"
15
i\
:
16c
Feb
13c
—
AV".y 355.
75
1
Toronto-
Metals
Building
Quebec Manganese Mines
Quebec Yellowknife Gold Mines Ltd
,
•
7%
75,
3,500
7%c
'
12
Jun
.
Bagamac Mines
consolidated
Bank
I
Janr'
3c
1.80
6C
;
May
Mar
Jun
.
2,000
2.50
1.85
1.010.
1
class
Bank
r
6'Ac Mar:
/■■•:v;24c:
Jan
Jun
4c
,
Bank of Montreal
•
Mar
50c
/<
.
Gold
Electric
Buffalo
y.
6c
1
;
JUn:./
3c
98c
.
3.45 May
Feb?
1.48
__
8.25
32c,
13c
•
i
Fabric class A
Bonville
3c
2.20
•/
1
Mining Corp Ltd
•
Jun
1.35 Mar
5c
—1
Bankfield
'-:'
1.56 Jun,
May
59c
.:
,V—
1
New Calumet Mines Ltd
:Normetal
—
Jan
18c
■
3.50-Jan
^ '
2c
11%
32c- 38c
63c
38c
Apr
...
y 10c
//•6c
1
/
;■
Bathurst
Feb
514
12'A
1
Jun
8c
4,000
-10
—L
s
r
Class
/
Jun
10c
2,040
58c
1
—
Base
.
2c
'11%
liy8
/? 37c
1
Louvicourt Goldfields Ltd
'
25,092
21,500
..
Feb
38c
*
1
65%
25% May
Mar
.,
Jan,
'
3c
—
Apr
Apr
24
30,450
.
,i
14c
15c
3.35
*
U-
f
Jun
L95
1.65 Mar
r::/3c
1
Quebec
j
j.'..
•
t'; ':;:-7c:'Mar:'
/ 2%c Jun'
4,000
2,000.'
8.75
4c
8.65
,,
12c
8.50
-
^5
Ltd.—
2%c
16c
16c
;i:;
2'/2c
__
———1
Hollinger Cons Gold Mines Ltd
Hudson-Rand
i-
Mines
Jan
25c
67
Apr
'
r
Jan,
' Jan
1.09
••
.4.50 Jan
1,000
9%cl0%c
»
1
1
;
i
10Q
Jan
87 %c
'1
j
Formaque Gold Mines Ltd———— 1
14c
.
Junv-; y 72o 1 May
Jun?
23%.Man
55c
10c
-
13%c
• •
>>1.57-Jun
.-
9,400
-
97c/ 1.56
4.70
>
_1
2.95
700
.,
1
i—
Athona Mines
Atlas Steel
Aunor
.-,<1 5,5.00 ^t%-17%c Mar ^/ 30%o■■ Jun>- *■
1,57v
.
1
Aumaque Gold Mines
Feb
Jan
.
-8o^:
Mar
53c
••••,'•
v.
•
Malartic
Mar
44 % Mar
220
1,505
—
Auto
'
East
Jun
8%
-
Auto
■:
^
Mar
55c
7,200, ■:
17%
65c
Dulama Gold Mines Ltd
!
19 %
Jun
11c
'
v'
5c
64
25%
10c 10 %c
common
.
Feb/\
-
1.18
Apr
500." "^^l^
.
1
Atlas Yellowknife
Febi r
-56c
Jun
lv000:Xi>'nMc' Mar
-?}.
l3'/2c^'-^53,000
14c
-
63%
———1
••
Jun
,-.r' 3,200-^ 7.i'.6c^.Jim ;>;-,-'16c
5'/2c.
.■' 17%
—.1
—.—
33'A Mar
.
Jam
33o
;
-
SOftL.:
.
1
•
Aubeile Mines
•
I
15 %c
834
16%. Apr
7% Jun
•
Jan.
22c
Jan,
700
<:
V£f 15c^;^l«^.^ ^6c
—1
4,500
;
58o
1
Resources
i
May
7a
W9%eMar
-
x._
V
55
2.95
.
;
17y2c Jan
Mar
5c
i;-
!
'
12c
25,500.
5c
Gold Mines Ltd.—^.1
Mining
Century
J:
5c
•
65c
25%
14 %c
•
1
Mines
Ashley Gold & Oil
t
''
Jan
14%c May,
•
Jan
26c;?:r30c ,,Vl57,800
V
1
5,500
2.98
Ashdown Hardware class A.
i
Jan
15c
-
7c
4,000
•
i
SV2c
'v
Apr
•
64
12 %c
Armistice
./ v
•
9,500
6c
ll%cj/^v;llc ll%c f,y
;—1
[
73 c
53%
25 Yi
Preferred
i
Bob's
•
200
Jun?
900
v,:_,
20c
5c
Gold,Mines* Ltd—1
2c
y,
-IH25
—
1
X
12 >
2c
Apr
7'/2c Jun
10,500., 'r-8o
10%cloy2c
•
Mar
315
8
15c 16 %c
53 %r
Arjon Gold
Jun
.?v.v.
■
4,500
3c
■
...1
Ltd.
15c
*
—
Larder Mines
?
Jun.
21 %
Mar.
9.
pfd
>
24
Mar
8%
7%c
;*••••
>
Ltd
Mining Corp
Red
Beaulieu
\
.
Gold
Metals
18
19
73c
■
,
*
of Canada
Rouyn
Apex
t
Jan
17
/
3c
ll%c/
—M
Yellowknife
Argus Corp
Jun
7%c-
—1
18:
19% May.
21'A May
7%
1
—
Area Mines
Jun
Jun
518
12
i.
9%, Jan
50.,-;'
%
Anglo
1
34
'■'
•
:
1,645
18%
High
12% Mar
1,280
-v;
,
*
,
Jan
38
-
24
12"
Ltdw—l.v:,
21
1
i—
Anglo-Huronian
.
May
22
May
American
Jan;
50.
21- 21%
1
—;
Minerals
20%
•
common
Amalgamated
May
115
.
25
*
V'
*—
—
Ashley Gold & Oil
Aubeile Mines Ltd
21
Anglo, Canadian Oil
y
"'>■
20
A
Cons
Steel
Aluminum Co
r
Apr
19
''ii&xf&Q?;.'- *•'^W:^•/.'■:
:
.■
.
Low
18%
Aluminium Ltd
Feb
57
..4%. Feb
.
May!
Mining Stoekf—
•
r
Range Since January 1
High
18
Akaitcho Yellowknife
1
111
1
-
14% Mar
fy
50..
>
38
■——
•
;
Low,
18%,
*
1
Apr
17%
May
52
255
8%'
Mar
107
;
.
75,
19
38.
—"
Shares
•
j
5
100.
;
:/5
•
83A
"
*
>-
class
for Week
*
Agnew-Surpass
Apr
10%
9% Mar
109 % Mar
v *-•
17
110% 110%
25,496..
/ 40c
42c
19% ' 19% //:
50
:):<*"
:w.
,,
4,75.:....
17%
5
-s
18%
/
56c
17%
'•-I—
.
100
•
Acadia-Atlantic
27% May:
;/
Astoria
t
Apr
Sales
Range
of Prices
Par
Abltibl Power & Paper common.
$1.50 preferred
53A May
13%
Feb
65%
100
'
vr:'£.;
Jun
20,
120
V
110
55 %C.
>
*
*
United Securities Ltd
T Windsor Hotel Ltd
May
96
y J12% Feb
1,680
17%
x.—„_■_*
...
30
Feb
v
A
19
:
17
'•
^
56o
->
*
A
1
73
lA
"
•
class
Mar
,
93
43A Mar
37
13
110 %■ 110%
r
j:_-
—
?,25
i
5
350
''
class A——.
Corp
K;.
>
26%
72%:
72%,
/
.
.
26
.100
.1
;
5
9%
.
•
pfd_!
260
>'•
94
5 ■■■;■'
*
100
Ltd
28%
94.
*
Ltd:
-28
:
5.
,
^_50
Union Gas of Canada Ltd
United Amusement
Feb
Apr
Feb
Exchange
Week's
Sale Price
*
1st pfd—100
6%
16c
32 %c
May
Canadian Funds
20
:*
Co
May
9.65 May
Mar
16
Jun
2.25
15 %■ Jan
20
^.5
Pr
Invest
7.50 May
32c
.
Jan
8.50
14%. May
Ltd
Canada,
Southmont,
Mar
8.50
Ltd
10
6%*N C part 2nd-pfd
99c
•
Co
/10% Mar
Ltd
Quebec Pulp & Paper 7% pfd
Rand Service Stores (Canada)
Feb
70
Paul Service Stores Ltd
/<>
Feb
12 %c
13%
.'.10
Power Corp of Canada 6%
3.75
106,900
13%
Mount Royal Rice Mills Ltd
Nova Scotia Lt & Pr 6%
-pfd-f—100
7
200
20c
___*
Paper Cp
!
Ontario
&
Corporation
6.80
14 %c
14 %c
9%
:
-
Jun
~ 18
17%'
Massey-Harris Co Ltd. 6%-% cv pfd-20
McColl-Frontenac Oil- 4 % pfd
—100
Melchers Distilleries Ltd common—,
*
,
Jan
9.00
6.80
Oil..
STOCKS—1
preferred
9c
Feb
9%
•
,
6%
Jan
Jun
4.75
"16'A
(Walter M)__
Maple Leaf Milling Co Ltd——
Maritime Teleg & Tel common—
i./
7%. preferred
;
2.08
2'/2c
525
"
1
Oil
Pacalta
19% May
12'A
•8'A
13%
5,565
13,500
9.00
3c
Gaspe Oil Ventures Ltd
May
82
.
Homestead
Jan
60
I
l
„—
_
1.47
3'/2c
3%C
Home
"
*
1.30
9.00
Mines—,.
Calgary & Edmonton Corp Ltd.
Jan
8
80
12'A
Malartic
Oil Stocks—
Jun
45,
3%
3%
.
,
u.
,n
%.
-
class. A—*.
common
V
8
3
1.44
Waite Amulet Mines Ltd'
0
A___
Corp
V-
(Alfred!
Sullivan Cons Mines Ltd:
3%
42%
14%
Publishing Co of Ottawa Ltd.*"
Lowney Co Ltd
Jan
5
1,305
—•
>
Lambert
Standard Gold Mines Ltd
4%
t>
W)
Ltd..
61%
42%
10
Investment Foundation Ltd
,
525
3%> Jan
"
.
Paper
M
Journal
21
-
Securities
Paints
2% Mar
1,100
26%
Stadacona Mines <1944)
May
4%
—_
Inter-City. Baking- Co Ltd
Intern
'
59%
«
(Frank
5
2%
25%
•;*
•
com—_
——
•
26
>.
•
Insurance Co
&
26
59'/I
I
;
Class A preferred
Halifax
V,
red pfd_^._ _ToV
'
Great Lakes Paper Co Ltd
?
•
A_
Companies
,
f
26
-
Aircraft——2%,
Motor Co of Canada
Foreign Power Sec 6%
t
*
&
Jan
»
60
-I
8c
Products
__
8c
34%
35
250
Feb
65c
Lake Mines.
14%c May
15'A May.
•
Burlington Steel
Burns
&
Co
class B_
Burrard class A
14%
•
12%.
15
18
——
.
18
8%
8%
6,895
19
—^«"f
410
*
510
25c
35
Jan
_
THE
(2722)
42
COMMERCIAL
CANADIAN
FOR
RANGE
Last
STOCKS—
Sale Price
Calder-Bousquet
Linen
Caldwell
2nd
1
1st
preferred-——-.*1
preferred
*
Calgary & Edmonton
Callinan
Flin
Canada
Cement
7.00
8,345
Feb
7.60
176,300
6c
Feb
17 %c
Jun
'3,800
34c
Mar
85c
53c
2,55
2.50
2.70
5,700
99
99
55
.
,
■—,
„
2.15
96
Apr
*
—
99%
21%
21%
22 V8
606
28l/4
28%
250
27,
22% May
14% Mar
28'4
Eldona
29
Apr
El
May
Malting Sh
Canada
Northern
Canada
Packers
Class
»
-
Power
class
A
Canada
Canada S S Lines
Mtge
Wire & Cable class
Canadian
Bakeries
1st
Canners
Class
10
13
40%
201%
i
Jun
336
11
Feb
14
35
Feb
42
May
31
21% Mar
185
7
100
7%
•
21%
22%
3,080
21% Mar
23
22'/»
11,396
17% Mar
24
21%
20%
2V/4
860
16% Mar
21% May
27%
28
85
23
Mar
28
Jun
21
21
70
17
Mar
21%
Jun
|A
i
•
1,655
14%
20
18 Vb
18
18%
——•
83 %
81
83%
.
10
14%
15%
Apr
18%
270
56%
Feb
83%
Jun
;
J)
(A
Gatlneau
1
Ltd
6% Mar
18
""'100
40
43
85
j
■
1,
1
1
1
t
i
General
class
Power
Steel
19
48c
Celanese common
Preferred
New
•
_
preferred
25
-
Canadian Dredge
Canadian Food Products
Ice
Industrial
Class
Machine
Canadian
class
.
25
39
Jan
2,500
6,452
1.15
4.65
4.60
Apr
15%
Feb
God's
Lake
14%
Jan
14
Apr
340
13 Va
14
100
14
Jun
13
1,290,
10
Mar
A—
1
•
14
V
13
Locomotive
•
12%
;•
12%
12%
12%
650
27
*
———
27
50
■,
11% Mar'
.
r~-~255
5%C
5%c
1,000
Goldale
Gold
34
47%
Apr
4%c
May
18% May
Mar
7c
Jan
May
25
8
Jan
8% Mar
650
2
Jun
3%
26'%
1,827
21
Jan
27
May
90%
Jun
94
Feb
.100
•
92
90%
92
55
1,90
—^——.100
1.99
1.710
19%
*
20
675
105
104
105
3%
3%
3%
class A——*
16%
16%
16%
common—
16
16
16
30
——————1
Jan
108;
Jan
3%
2% Mar
16
14
-
Feb
Apr
17
Jun
Jan
6.10
Jan
14c
Feb
4c
Apr
May
3c
3c
71c
71c
73c
20,460 '
60c
Mar
80,%c May
66c
61c
66c
10,693
48c
Mar
1,0.9 Jan
■
Gold.
1
—
—
16c
lie
1,000
16c 16 %c
1
llcll%c
1
Mines
3c
21
Mar
30
70c
Mar
88c
Feb
Golden Manltou Mines-
1
11
Mar
15
Jan
Goldhawk
*
35
99% Mar
103
Jun
Goldora
20,383
12% Mar
May
1,000
11c
6,000
10c
Mar
6,000
4c
:
2c
Jan
103%
;
2.90 Mar
7%C
Jan
17
May
99
25
103% 103%
20
Feb
101
50
,i
Feb
Feb
18%
1,050
Feb
2.29
1.30 Mar
85
—*
—
-—
Mines
5.05
-
'.,15% Mar
8%
25%
———————1
Eagle
-
2%
25%
—
Mfg
.
Jan
4.55 JM*
8%
_»
Goldcrest Gold
13 % May
Jan
'"-"610
Jun
25c
Apr
2
A
—
Wares
4,620
17%
43%
Jan
1.53
3.60 Mar
4.95
17
43
mm-?
43%
May
'
'
Oil
15%
Mar
16c
1.98
i .—100
Glenora Gold
Globe
14%
12c
15c
1.89
4,000
Jun
15
Mar
9c
Jan
♦
55c
8%C
12%
8
1,068,400
1,050
25%
205
74c
4.85
Mar -:
10
12
20
4.55
Mar
-■21
12
Mar
Mar
15c
—10
■
v.'
21
Jun
Jun
16
Gillies Lake
"
18
43
45c
275
s
Giant Yellowknife Gold Mines— .——1
•:>16
21
1
Preferred
'■
Jun
23%
—
"A"-
Alcohol
B
34'/a Feb
20% Mar
410
39
.
22%
*
.
Canadian
39
22%
22
*
t—
.
common
Class A
Canadian
39
25
—
V
Feb
Jan
8,000
.
Feb
Jan
May
15%
1.95
'
Canadian
.
1.53
96c
10
30
H
!—z*
""a
common.
Products
General
19
46c
1.40
*
preferred
b% preferred
19
—
General Bakeries
Jun
Mar
50
1
Fromsher Exploration
Jun
2,095
14%
14%
1
preferred—
Canada
of
Frelman
Jan
—
1
Kirkland
Products
Ford
Jan
20%
20
!
*
Fleet Manufacturing
Jan
22 '4
,
—
common
Fibre
Jun
31
Mar
5
*
——
Federal
Jan
281
8%
1.45
1
i
1
I
\
Famous
Jan
187
21%
common
preferred
Canadian Car
188
7
—10
preferred
Convertible
Jan
•
Canadian Bank of Commerce
Canadian Breweries
Canadian
Apr
18
30
'
—
*■
;
——.
38
12%
*
B-—
Mar
15% Mar
39%
39 %
33
188
50
.—
105
200
8%
43
1
Falconbridge Nickel
Players j
Fanny Farmer Candy Shops.
Jan
285
16%
16%
*
common
11%
9% Mar
9%
36%
16%
2.08
3.o0
20
Jan
9%
100
Preferred
53%
Apr
36%
•
Permanent
Canada
9%
*
-
„
B
43%
95
50
49%
50
•
warr
Jun
1.60 Mar
18
Mines
Sol
>
Canada
3,830
'23,350
——25
Mines
Gold
High
1.60
2.95
48c
Jan
Low
1.45
2.65
_
————
Eddy Paper class A
.3,00 Mar
j
May
20
commoh—
-
Economic Invest
Range Since January 1
High
b'%
Washing Machine
Easy
Shares
2.82
—
Jan
51c
100
1
Mines—
Steel
for Week
Low
1
Sullivan
Eastern
May
12c 17 %c
.
1
4%#, preferred,
Preferred
16%
6.15
51c
—_
Bread
3.65
lB'/a
14 %c
Campbell Red Lake
Canada
Jun
Jan
Malartic Mines.,
East
Apr
16%
*
-
Oils
Cannon t
30
14%
1
Flon
East
Sales
Range
Par
Feb
15c
May
28 % Mar
68 "
6. IS
Week's
of Prices
Sale Price
High
100
*
;
7c
5,500
29
'
STOCKS—
Range Since January 1
LOW
8c
28 Va
28 '/a
18
Last
High
8c
8C
WEEK ENDED JUNE
Friday
Shares
of Prices
Low
Monday, June 21, 1948
MARKETS
LISTED
for Week
Range
Par
FINANCIAL CHRONICLE
Sales
Week's
Friday
&
3c
Jun
7 %c Feb
8c
Jun
14c" Jan
19c
May
16c
Apr
Jan
'
'
'
\
'
•
.
•
.
,
I.
•
''
t
Canadian Oil
5%
„
1'
.;
*
■
Golden
•
70C
13
12%
100
Pacific
935
85C
85c
102
102
103
25
21%
20%
21%
Cos common————•
preferred
Canadian
•'>
"■
Canadian Malartic
■
Railway
vf
690
13
:
-
:
—————
Castle-Trethewey
Central
Central
Gold
>'
1
Porcupine
1.21
Apr
1.60
1.80
15,712
1.20
Feb
1.80
Jun
1.25
1.06
1.25
10,550
1.05 Mar
1.40
__1
Mines
„•
14c
14c
—s-
13c
'4,900
2.65
Mar
Jan
33c
Steel
common
Preferred
41
Chateau-Gai
Wines
Chemical
Research
Cheskirk
♦
Mines
■
1
:
1
*
1
„
}■
41c
11% Mar
100
9%
41c
—
125
'
7%
9%
—
_1
«.
7%
7 %
i'i'?
12
11%
11%
—,
Chimo
Mines
Gold
Chromium
Citralam
Coastal
—
;
IV4 May
Cochenour
Preferred
4c
4c
5%c
2.35
13c
13c
10
500
1.05
1
1.05
3c
3'/aC
14c
__
15 %c
——L
65c
Mar
Lake
Coin
1
<
16c
11c
Yellowknife
Colomac
1.00
3c
"100.
4,000
•
w
5,000
)
Jun
1.93
3,600
15%
2,675
10
22c
2,000
16c
5c
5Vic
—y
54c
Mines
———————5
—
•Consolidated
1.50
6c
15,500
5c
-
46c
*
i—
—
400
Wire
Lead
Beattle
Mines-'—.
13%
64c
62c
165
I
1
-'
'
■
Harding
Harker
;
1.50 Apr
1.10
25
22
11c
1,000
_•
19%
19%
42%
43
14%
15%
;
———'*
—1
14c
20c
Cons
Press
class
A
117
116 121%
*
10
10
Mar
85c
Feb
32c
Jun
121%
5
v
100
151
149
Feb
151%
i
•
1.13
1.10
1.19
Cosmos Imperial Mills——
*
28
28
91% Mar
28%
8
Apr
145
Mar
r.
Con west
Gas
Exploration
132
70c
6,000
25
205
15% May
20%
Jun
480
40%
44 %
May
10% Mar
V
500
Jan
5
7
4
154
Mar
ii
Bit
Craig
—
5V8
•
—
22c
26C
6,000
22c
16%
17
1,785.;.
Crestaurum Mines
—1
23c
55c
3,000
19c
Mar
55c
22c
____1
-
50
1,500
55c
May ;
4
4%c
4%c
9%
;
9%
Crow's
Pershing
Nest
CrowBhore
-
—
——
Coal
% Mar
49
15c
_*
_
;
^
75
16c
34,150
10c
.
50c
200
50c
Hinde
May
Jun
7c
7c
7%c
69c
w"
75c
1
*
Davis
Leather
••Class
class
A
Gold
Mines
—1
Gold
1
69c
4c
—t'l——
:y:
1,500
v
32c,
Jan
12%
Jun
115
%...
1,500
5c
Jun
4c
—
Denison Nickel
Detta
Mines
30c
Jan
r'
Jun
Dexter
^liri''
•
50c
^
54e-
43c
"1,500 '
Lake
1
65c
65c
1,000
50c
Jan
75c
May
————j——*
6c
6c
3,525
5c
Mar
8c
Jan
13%"Apr",7
Mar
19%
19%
I
310
20
3,535
8%
5.35
Feb
5VaC
6c
3,000
36c
41c
>15,400
Homer
•
Yellowknife
1
,
55
May
Apr
19c
1.00
Gold
Howard
Mines—1
Smith
common——4'
34
50
———.w—-———50
47%
47%
325
Howey Gold ——————L—1
24c
24c
Jan
t
Mining
Mar
21c
Jan
Hudson
Mar
20c
Apr
Hugh
25%
25%
20
26%
11
11
100
1.25
23% Mar
3,500
9V4
'•
Apr
.
7c
8c
14.500
5c
16c
600
11c
11.
1
1.05 Apr
15c
30c
Bay Mining & Smelting-.
Malartic
55c
44c
Mar
10%c May
48c
Apr
19%
•
46c
3,000
30c
Apr
32,400
45c
Mar
82c
40c
Mar
64c
Jan
45c
-
,
U
Ltd
19%
20%
'
16%
825
50c
46c
6,500
40c
„
Feb
65c
16%
18%
4,192
16%
Jun
Bank
Oh
4%
25
25%
2,850
24%
Jun
27
21%
21
16
Apr
•
.
f.
;
? j
■;
-
7,
22.
:-J
•
Scottish
Invest
.1—•_L—
■
a
v
■■
Dominion
Dominion
-.£
Dominion
•:
•
.<
.
.
355
;
■
..
Donalda Mines
-
;Jun
22..
i
5%
350
44%
250
18
18
19
1,267
t
,
-
.
^
•
&
_1
—-
Dulama
Gold
Mudge
class
A
'~3% Mar '
40
Feb
13%
Mines
Ltd.!
•
Feb
5 V4
Jun
44%
•
„■
Duquesne Mining Co
Duvay Gold Mines
East' Amphi
East
,
Crest
Oil
•
Beduc OIL-—L———
5.
.
-
1'
-
*
-
,13%
26 Vi
Jan
19% Mar-.
11 *
Feb
22
Jun
10% Mar
18%
325
18%
2,935
75c
65c
79c
36,400
17
17
25
22c
25c
19c
5%c
60
7V2C
CV£c
44c
51c
13,% May
—l
—
M ar
Coal
25
5c
v
'v.*■
:
25%
25
30
see page
,;T
19
53 %c
4c
23%
,116
May
27
Jan
Apr
14
35,903
26,885
Mar
1.70
1.10
19% May
,
1.80 Jun
Jun
13%
915
7%
300
25
V?
f
5c
10%
44c
4%c Apr
44c
:
7
350
i
j
r.
;
Mar
8%
Jan
7% Feb
25% Slay
Apr
329
'
14%
Mar
6%
2,000
:r 200
;
8
10%
10%
f
12
24% Mar
.
.
Feb
7c,.Feb
.9', ' Jfiln
Slay
i r
.
,
v..
•»
■,
■
1,400
&
Coke
1'
•
•■.%£. .-J
-
:
:
35c
-100't
Waite
Joburke
17c
Jan
30 %c
4,600
19c
Jun
74c
Jan
7c
16,195
5c
Mar
12c
Jan
Jun
V
25 % Mat,';. .7:
' y
39%"
*
—
15%
15%
Jan
my
•
10
16%
,'•<
•
,
39c
31%
'58c
;
98% Mar
9,835
29% Mar
49.079
11
Mar
:
56c
61c
",40,400
4%C
3,500
4C7
102%TJan
77
-,i\u
JUn
16% Jun
"
8c. May
40c
39%
84c
May
7c
Mar
Jan
,
'
Mining
i
Apr*'
1
,..8c
;8c
8V'aC
1,500
1
"'8c
8c
9c
12,769
^
I
,22c
17c
25c
12.500
17c
—
1
42 c
37c
45c
34,674
25c
Mar
1
1C%C
10 %c
14c
11,700
5b
Mar
25
25
—i.
^
■'
Mines
r-,^>
-
——
:12c-
clan
13c
Mar
'
'
8c
Jun
Jun
22c
"
/j
Jason
37.900
38%
"
Feb
32c
4c
Ji* •;*
•
Jacknife Gold
-Jack
m,
1
900
.
100 V4 100 Vi"
y
*
Petroleum
'i';55c^Jan
...
*
common
International Uranium
Jun
Jun
Co
Nickel
30%
Apr;:
605
35c
7 29
34c
17
7c
8c
8c
45c
'
*
4.500
7,000
•
30,900
Mar
33c
Kayrand
7c
10c
Feb
Ltd
—a
Mines
Mining
Kelvinator
*
Mines
a.
-
—
*
24c
19c 24V'2C
70
*-
Jun-
'1
14c' May
24%
Jan
27
20,350
19c
J.un
27c,
12
May
.Jan
' 5%c Mar
Mines
Quebec
,
26c
»
Feb
-7
50c
May
Kerr-Addison
—
f;I^irkiand Golden Gate
——
-t
%.
!<•
12'%
.12
12%
12,635
;nc
8%c
11c
51,650
..
J.up.
Jun
vi5.";;jin
?.c
h'j-rj-
■
45,
Jun
May
.-.,10% Jan
Jan.-
*7'~
Far.footnotes
-
7% Mar
111
1.530
1.80
8
6
.—
-T———L—1
International
Jun
17
6%c
39c
9%
7%
25
Mining'
-.International
19% May
21% Mar
12%
1
1
Gold
}
Kelore
East
9%'
13%
Apr
290
16%
24c
May
Jun
1,70
-25
.International Metals qlass A .-i-i.*-
Joliet
,
Jan
32c
Jan,
2%c
30c
18%,
•>.
1
—
—
Jan
May
450
'
17%
*
—
Lake
Inspiration
t
21%
12%
•
——
Preferred
25%
21%
-
100
common-.
,
12
.
25
-
28
V
Mar
„
74
iV,
' Mar
6
"
DOnnell
•
19
;
•,f
22
'700
44 %
-
*
pfd—^-23%
Dominion Woollens
c
26c
43Vz
25
25
-
•
—
International
1',56d
^
44%
«
25
Stores
Tar &. Chemical
Textile,
10%
-
50
May
1,500
1,020
4,000
Jun
32c
Mar
2%c
112% 112%
110
—-
Inglis (John) & Co—,
:.
27%
10%
I
:
Dominion Steel & Coal class B
•
27
10%
..
common
18c
Jun
47%
52%"
30c
"
•
27%
•
,e
'Preferred
\>
1
34
.
j
Jun
Feb
'
v
u
preferred
Indian
23% Mar
25
Dominion Foundry & Steel-,
Dominion Magnesium
Dominion
■
Ingersoll Machine class A—-.i-L—*
16%
•
4
W'
100
—
Imperial Tobacco of Canada ordinary_5
Jan
•
Dominion Coal preferred j.———1-25
4
*V.
.'•*
42c
Feb
52%
22% May
Apr ;
.
10
...
Bank
.Sc.jFeb
Apr
?■ 44
May
Mar
v-
„■
■
A
Imperial
Jan
24,000
•
Mines
%
29%
'
Jan
9.70
;1
25 %c Mar
2 Vic
—1—k-l-.
class
& Erie common
Imperial
Feb
45c
41c
2
«
Jan
59c
-
1
Dome
;
52%
•
—1
———
Hunts
May
1.60
/
35c
30c
59c
,_1
12
(
May
Jan
1.22
'
5c
1,000
Preferred
Paper
39c
34
Preferred
Discovery Yellowknife
Distillers Seagrams
f Diversified Mining
Dominion
1
——
.
Jan
Mar
,
1
;; ;20 % Jun
Jun
6,705
7c
11
<
;;; .,:24%c Feb
18 ; Mar
8.85
9.15
10c
7c
1
.
10c
8.50
500
15c
1
;V'95c
Jan
14% Jan
20
12,300
1,80
Red
Jan
14c
.'lie
8.50
8,000
1
Dickenson Red Lake;
Feb
7c
*
8.60
9c
1
Red Lake
May
95c
,
13%
—
Mining
U:k
—13%
_
1-/
Huron
1
-
Jan
15c
Mar
69c
12c
Jun
2.711
4c
:
6c
6,500
8.75
16c
1.22
*
i—
,
Delnlte Mines
9% May
11c
common
Oil
8c
25 %
5%c Jan
13%
Paper
Dauch
&
16c
—*
—
B
8%c
Mar
17% May
,
.
1,500
.
Hollinger Consolidated Gold Mines—5
Hoyle
D'Aragon Mines
Davies Petroleum
;it37c
v
;;
■
; 90c
Jun
42
Jun
3.20 May
9% Mar
325
:
15c
12%
6c
;
1
Highland-Bell
6% May
Mar
50c
—1
—
52
14c
100
Patricia.
Cub Aircraft
-
Jun
1.15
Apr
3%c Apr
6% Mar
12c Mar
2,500
9%
14%c
12%
—
——
Hedley Mascot
Hosco
Croinor
5
13% Mar
1.40
Jan
30
5%
5%
% May
Mar
4,100
47,900
4%c
—
Heva Gold Mines-
1.24 May
Jan
J
15
Mar
60c
1.02
3.15
Home
^
May
250
2,365
17
——
Carpets
Highridge
Consumers
Jan
16c
V
Jun
10%
635
Jan
.23
May
2.90
3.05
Headway Red Lake —-----^.^———1
Jan
13c
6,960
10%
.
Jun
94c
—1
———
Jan
10,414
;
Apr
•
"159,400
10
Jun
53
May
;'
22c
—
Bridge
Hendershot
>
Jan
Jan
116%
Feb
10c
'
19%
43
Gold
Ha sag a
Jun
16%
'
j
Consolidated Homestead Oil———*
Consolidated Mining & Smelting
—5
Jan
25 %c
Feb
;
10
22
—*
————»
Hard Rock Gold Mines-
Apr
55c
'
Apr
9c
7%c Feb
Apr
Apr
12
38-4
V
64c
15c
2
49
10%
■r
Consolidated
101
:4:- 660
i
lie
Mines
Halcrow Swayze
Feb
55c
1.40 Apr
65c•
300
97c
97c
13%
13%
51%
10%
Gypsum Lime & Alabastine.
May
27c
Apr
; '
V.,,"' 25
115 116%
51%
51%
Gunnar Gold
Jan
16
Mar
500
1.50
1.50
—97c
Bakeries
Mar
2.70
16c
Jun
2.45
Feb
54c
5%C
V:
50
Bousquet
Harricana
Coniagas
10c
22
Mines
Gulf
Jan
23c
Apr
22c
116 y4
—„•«
———
Guayana
1.25 Apr
i
;
1.76 Mar
1.85
1
Coniaurum Mines
7,700
14c
Great Lakes Paper common
Feb
30c
Apr
Apr
14c
15%
•
Commonwealth Petroleum
Mar
1
Class A preferred
.Great West Coal
Jan
3.00 Mar
Jun
1.85
•
.
3c
1.95 Mar
5%c Jun
!■
8%c Jan
2.24 Mar
15%
'
•
-
1,000
3%c
B
Graham
May
Mar
4c
1,356
—_1
Willans
3%c
3%c
Gordon Mackay class A
8% Feb
30c
24,700
2.25
—1——-—~_L—•
Plow
4,000
\
Hamilton
Cockshutt
1,040
16,350
■
Jan
V
7% Mar
200
1,000
2.25
r
—-1.05-4
Malartic
Oils
8c
6c
8c
2.45
5%c
—
Greening
Chesterville
,
L_1
-——
Goodyear Tire common-
Jan
13
;
Class
Chatco
/
2.57
2.59
14c 16 %C
—
5VaC
Jan
lOO:
1.35
1.35
1.35
1
Mines
Mines
Goldvue
1.60
1-
_
—————
Patricia
Porcupine
21% May
'
Cariboo Gold
—1
Arrow
;7.
■■■ •***:
,
(
,
CANADIAN
RANGE
Friday
£010
paf
Kirkland-Hudson
Kirkland
Labrador" Mining
Gold
Laguerre
Low
58c
57c
60c
1.46
.13,150
1
———— 1
& Exploration
—
—/
25% '
Perron
Jan
Piccadilly
Mar
23
25 %
Jun
Pickle Crow Gold Mines
Gold
Pioneer
7.75
Dufault
Mines
3%c
1.000
2%c May
6%c
Jan
Porcupine
86c
48,920
86c
Jun
Powell
5c
May
Powell
Rouyn
314c
75c
Lake Fortune
Gold
38c
Mar
2c
Feb
3c
3c
1,000
_1
Jl'A
11
11%
4,275
11
1
34c
34c
35c
4,900
25c
2.05 May
3.00
Feb
5.50
Jun
6.95
Feb
*
—
Mines
^
—
Lake Wasa Mining
La
voting
Gold
Lamaque
Lapaska Mines
East
2.40
5.70
362
—
21
24 %
75
16 'A Mar
4%c
5c
5c
5c
3,050
4'Ac Mar
7%c Feb
—
5c
2,500
11c
Jun
i
«'U"
Candy
4c
15
*
,
.'
4%c
Quemont
1.04
21 850
2.30
Jan
2.60
1,600
2.50
3.50
Jan
7c
1,500
5c
May
40c
3,600
38c
Mar
8c
Jan
17%
Jan
Renfrew
4'Ac
Jan
Renabie
39c
Gold
44%
43%
44%
764
Feb
82c
16 %c Feb
Jun
37
50c
55c
55c
500
55
55
55
50
15%
,,
V
Jan
Jun
.,
72c
Feb
•
70
Feb
Apr
10'A
Feb
;
16
230
1.60
1.68
2,680
53
110
67C
71c
3,800
55c
Mar
90c
Feb
" 72c
3,500
52c
Mar
89c
Feb
40c
42c
86c
Jan
14%
4,500
1,774
40c
14
1.85
1.67
1.85
100
l
—
72c
1
70c
41c
-
14
Gold
4%
Textiles
56c
'44%
Mar
50
2.75
6
2.75
(1936)
16c
4c
1
.
15% May
Feb
Apr
2.30
4,000
32%
15c
54% Mar
Apr
1.02
40
-
2.10 Jan
..
Jan
10'A Mar
500
8
J
17% May
1.55 Mar
51
Feb
3,500
2.75
8
A_.zir
class
:
"25<r~Jair
Feb
52
1
—
Mines
Regcourt
r
39 'Ac
Mining
Mar
12
590
1.85 Mar
Macdonald
Mar
4c
14,500
5,460
40
Queenston Gold Mines
Jan
2%c May
18,500
15 %
3'Ac
99c
4c
3
—1
-J
15
3c
1
Mines
Secord
Laura
1.95
1
;
Richmac
Larder
1.90
-100
Dome
Quebec Manitou
Reeves
Lebel Oro Mines.C—.
Jun
„1
ctfs
trust
Trust
Purity Flour Mills pfd
Quebec Labrador
21% May
1
Apr
5%c
7c
1
—*
Metals
5.50
__1
Lapa Cadillac
Pressed
Jan
2.23
—* '
—
70c
May
5.50
*
——
Sons
&
Lang
'
Premier
200
—*.
Mines
Luz
65c
-1
_•
14% Mar
Jun
1,700
3,500
1.95
1
Peninsular" ri—
Reef Gold
Preston
Lake Shore
High
70c
6%c
2.50
L.
River
—
76c
—1
—
Low
70c
5%c
Jan
Porcupine
Lake
Range Since January 1
High
6c
,
Gold J.
4.10 Mar
5.90
Shares
70c
-1
Porcupine
3,100
5.50
.
Jun
1.78
60c
for Week
Low
1
Sales
Range
of Prices
Sale Price
Par
Jun
1.38
,595
,
STOCKS—
High
u
Apr
36c
14,700
1.38
25
Week's
Last
High
1.43
(John) Ltd
Labatt
18
Friday
1
-
,
JUNE
Range Since January 1
Shares
1
^
Lake
ENDED
for Week
Range
of Prices
,
WEEK
43
MARKETS
LISTED
FOR
(2723)
Sales
Week's
Last
Sale Price
STOCKS—
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
Volume 167* Number 4709
2.15 May
9c
Jan
2.75 May
8Vi Feb
7
>A Maf
15c
May
28c
Feb
40
30
May
33%
Jurf
165
43
Mar
46
40
11
'
Oil
Leduc-West
Leitch
Gold
99c
Ltd———
Mines
1
1.10
——1
6%c
1.10
&%c
8%c
32c
.38c
Silk class
Riverside
1.25
Apr
14c
Jan
]
Robinson
—
Lingman Lake Gold Mines
—1
32c
Little Long Lac Gold Mines Ltd—88c
59c
Feb
:
Rochette
Gold
Jan"
,
Class
B
80c
88c
u_
29%
Lynx Yellowknife
58c
.—•
—
9c
9c
2.45
—
24%
2.50
Jan
t
43%
_
9%e
4,000
20c1
Jun
" 3,200
11%
-
13
Apr
500
9c
Apr
17c
Mar
37c
42c
12,800
25c
Mar
49c
Jan
•24%
24%
.25
25%
Jan
.18%
18%
18%
CoJ
—
^-10
r
—.
Roybar ChibougamAu
Rupununi' Mines
9c
,
/
23% Mar
1,785
50
16
.
2,500
5c
<r
2.45
-
2.40 Mar
—I : ;"72c
1
—
7c
7c
1.05
95c
1.05
•
•—
10'/2
10%
8
7%
8'A
:
5c
3,500
20,200
76c
18%
Industries common____i_>_—*.
Russell
1.95
700
7c
12c
Apr
24,038
95c
Jun
Feb
s
Class
-
Jan
Jan
A
18%
18%
1,295
11%
12%
230
-•44
.
11%
Gold
Mines
;
1.51
44
260
34
Mar
65
110
Mar
Class
Export class A
B
Madsen Red Lake Gold Mines.,——1
Magnet Consol
Malartic Gold Fields
Manitoba
2.50
2.43
2.60
20c
20c
1.8O
1.76
1.86
i
•
i
2'/2c
3c
5,500
2.40
5,000
2'/2c
1
& Eastern
:
20c
—1
—
9
^
3,900
,3.15
&
Rouyn Ltd-
Feb
Leaf
Maple
20%
13'A
20'/2
*
—
Milling
__
4c
i
13
Feb
10 Va
Wpg
Sheep
Creek
Mar
1
Gold
Marcus
;
1
3%c
3%c
1..
,
11c
11c
3%c Jun
6c
1,500
10c
Mar
31c
8,852
16
Mar
24
-Mar'
;
500
12c
•
•
Preferred
21
,
—20
—
20%
28%
Vi
21%
28%r
-i 28
-
*
400
class
Brewery
A_
_50c
-
Grain
McCabe
class A
McColl-Frontenac
!_——*
-
Mclntyre Porcupine Mines,—
McKenzie Red Lake———-
•
9
':i
15'A
>'i
55 %
May
Jan
21%
: \
2c
*
———
Jun
36c
Jun
75c
Breweries
Silknit
Jun
3%c
Ltd
Mills
Mercury
—_—•
—
Oil
Mid-Continent
19%
20
8%c,
*
„
...
20
8c
Mar
•
Prick
Milton
—
Mining Corp
Monarc* Knitting
16c
Class
20% May
11c. Jan
14% Mar
16
Jun
3
Jan
15% Mar
lOO"!.
16c
,
2'A
2%
2'A
2,700
l.To Mar
* 9.00
9.50
9.75
1,760
6.10 Mar
14%
14%
:»
—
—^
Apr
15%
28c
Mar
54c
561
14
Mar
345
65
Feb
25
36c ; 37c
5,650
17%c
17%c 17%c
—.—1;;.
'
Montreal Locomotive
•
V'-'A
:
1
—
I.
• jV
;
———LA—i—--23'26
Moore Corp common
'
,
Preferred
Morrison Brass
■
•
—,
r„
*
73
3%
1
3%
15c
.
12c
A'.
..
4::
class
'
12c
5,600
Breweries
National
Drug
National
Grocers
39%c 39%c
A-
common
:
.
preferred ————5
Negus
•
Steel
15
—w
,20
.
class
•
.
Car
4*.
38'A
,
25
2.18
103
Apr
'
15%
1,420
11% Mar
7.00
924
37c 41%c
9,100
6.50
40c
115
Limited pfd„
(Wm)
,100
—
10
;
s.
A New
New
Bidlamaque
Calumet
-A,A,—
1
—1
Mines
Gold
Marlon
v
1-45;^
•,
Newnorth Gold
4c
—
?,
^,1
"
400
A
75c
f.
New
Pacalta
New
—
Oils
Mines
12c
*
—
Noranda Mines
Nordon
17%c
1
Merger
Rouyn
Nicholson
-
1
•
Norzone
New
Jun
8,550
18c
1,000
3%c Jun
;.
^
Corp
j
:t 168,250
17,217
30c
13 %c
49%
20c
49%
20c
2.53
Bteel
Co
1
;'
Norpick Gold
Northern
Mines
"n.r
11%
Feb
675
24
Mar
31
Jun
18
Mar
25%
Jun
98%
99
142
96
Mar
45c
V
'
—1
_-J
40c
3,400
34c
Mar
55c
Apr
28c
28c
1,650
26c
Mar
39C
Jan
1.44
2,900
55c
1,602
7%
488
54c
89
'mL
Canada
Gold
Mines,,,—4—
Nortte lnca
North
1
Okalta
-
Oils
—.—* ;
—
70c
■
—
Omnitrpns Exploration
„
i
r
Oleary Malartic
Omega Gold
-.
33'/2c
.
OIL common—4%,
Star
O'Brien; Gold Mines.,,
Ogaraa-Rockland
-•
44c
*
%
-i—•_
5%
60
66'C
2,000
14%
14%
1.53
2.99 Feb
Taku
69c
■
14%
195
13%
69
78
79
5%C
V
Jun
Feb
Cons
1.41
;.14c
1.40
—1
Mines
2.03
2.00
2.09
3%C
500
1.30
1.50
9,200
10c
14c
10,500
1.38
1.48
2,750
31c
1,400
28
—
3%C
31c
Mines—
Gold
Jun
Jan
43'ac Jan
Preferred
*
—_—
(Pearson)
Taylor
Preferred
28%
*
Mines
Toronto
Tailors
Top
43
Mar
52
J
May
1.50 Mar
Jan
2.67 May
1
——„,1
:
1,
7c
4%cMay
;,
10c
Jan
4c
Apr
10c
Jan
Apr
3'Ac
6'/2c
I
Orange- Crush
Orenada
Gold
Orlao/Red
'i——• "j
1
__
1,
8
1 8c
725
1.87
72c
1.40 Mar
28,100
59c
Mar
Jan
Jan
United
1.84
....
i.
*
May
May
7,000
3%c Jun
'18,000
6'/2c Jun
16c
—l
10c
10c
12c
65c
64c
70c
14,500
1
19c
19c
24c
17,000
Mar
5c
Mar
,c'.;
Jan
•
Osulake
Lake
Mines
Mines
Jan
Apr
18 %C
50c
Mar
1.15
19c
,
1
1.36
1.33
1.44
Page Hershey Tubes
Pamour Porcupine Mines Ltd
__
36
36%
260
•
1.17
1.17
1.25
4,300
Pandora Cadillac
1
5%c
5%c
5%c
1,000
Pacific
Petroleum
_—
22,200
Jun
Fuel
1
Partanen Malartic
1
.'Paymaster Cons Mines
Fen-Rey Gold Mines
For. footnotes see page
1
—1
45.
8,100
6c
10,000
9
9
30
,9
18
70c
4,820
21
515
65c
70c
1,862
7c
1,000
11%
11%
100
172
172
24
11%
175
100
-50
—1
_
-—
»
100
Class B
preferred
Keno
United
Oils
United
9c
—
-
1
—
3.50 Jan
Apr
Apr
49c
Feb
21c
5'Ac May
Jan
Jun
%
60C
7c
10
10
Jan
Jun
21
Jun
Apr
80c
Jan
12%c Jan
Jun
12'A
Mar
Jan
10'A
174
Jun
Jan
May
8c
May
]2c
Mar
6,800
35c
Mar
63c
Jan
5c
48
23%
1,305
1,182
25
665
16
48
205
45% Apr
5c
48
255
1.81
1.95
10,180
9'Ac
500
16
16
16% May
1.95 Apr
•
7%'
345
7%.
•
7%
1.65
1.60
1.70
10,065
6.20
6.20
6.25
2,145
May
5 Ve Mar
Jan
15c
9c
1.56
Jun
49% Jun
1.15 Mar
9'Ac
16
Apr
25 >"
13% Mar
1.95
9'Ac
Jan
12c
Jun
Feb
*
——25
Jan
10
7% Mar
9
9%c
■
25
50
171'A
1,000
1
Steel
Upper Canada Mines
Feb
Jan
Feb
Ltd
——-——
,»
8% May
2.35
Jun
Jan
Oifc
Vulcan
Wabasso
4-.
1,000
7c
22c
Feb
10
80
Apr
(G
&
4.60
9.25
23,053
27%
28%
3,160
24
2,060
10'A
Jan
12%
12%
3,300
10c
7%c
1,000
6%c May
33%
230
26% Feb
West Malartic Mines
*
Jun
Westeel
*
33
Jan
Jan
Western
Mar
Products
common
4'Ac
7,500
4c
Jun
3'Ac
1,500
2c
May
5c
Mar
2c
500
2c
Jun
3c
38c
10,537
33c
Jun
46c
Jan
Wiltsey-Coghlan Mines
10c I3%c
106,900
10c
Mar
20c
Feb
Winchester Laider
*
24
24
60
34%
35%
105
32
Mar
.25
26%
185
22
Feb
100
100
445
97% Mar
May
(Geo)
Preferred
May
*
Grocers
A
2c
Weston
21
com
—
—-*
100
25%
7%c
Jun
31% May
Mar
12c 12 %C
-
-Jun
9.25
Apr
12%
common
May
36c
>-90
Jan
8.80
28
W)
Mar
13c
Jun
1,500
90
8.85
(Hiram)
Waterous Ltd
7c
28C
90
—
Amulet
Walker
'
7c
-
Cotton
7.20 Feb
5.15 Mar
28c
Vicour Mines
4c
3c
33%c-
Jan
T
8%
Jun
8c
Jan
5'A
10% Jun
32
8c
1.55
7%c
51%
108
43c
'
1.45
Jan
28% Jun
Apr
Jan
-•
—
Hill
—
8%
——'—
preferred
A
2c
34c
13c
32c
Jan
Jun
8c
8c
43 c
36%
5c
Jan
•
Jan
3
Feb
Apr
61c
100*
100
42c
100
•
4c
1
__—
37c
11
J-
B
class
United
Class
Paramaque Mines
Parbec Malartic
2.70
35c
5%C
A.80c 'Mar
1.06
Jan
Jan
1.99
Jun
2.50
2.60
36c
7%c
'28
2.05
19c-
Jun
9%
2.65
1
Wekusko Consol
,
2.40 Jan
Jan
jic -• Apr
10c
8,800
1
Lake.,—r—.—
6r
*
Apr
5%c Jan
-
Mar
100
5%C
-
Mining
United Corp class
7c
65
12c
23% Mar
-45
10%
20
———
Union Gas
90c.: Jun
-
80
-7c
Towagmac Exploration
Transcontinental Resources
Waite
Osisko
Apr
May
80
j
Mar«
-31c
1
Union
3'/2c
1,500
9c
1.38
III
i—
Mortgage
4%
Jan
10c
1,000
Iron
Jan
7%C
'
'
Jun
10%
Works class A
Toronto
Jun
*.
10,400
10%
—
2.20
-
Jan
92c
,
.«
Apr
4%
III
Toronto General Trusts
55c.
3% Mar
6,950
8
15
Mar
3c
40
——.
Elevators
34c
....
■'
4%
8J/2c
Feb
99c
"
100
-i.--
Gold
Ventures
,.
Apr
-r
79c i-Apr
"
1.68 Mar
7,650
4a
4%.
•
Apr
14
10
-•
_
May
20c
14c
10
—
Tip Top Canners class A
Jun ;
16 %c
Mar
14c
14
Jan-
5%
-
Jun-
Feb
.4%-
48
48
4%
——-
Jan ;
25%cMar
4c
—50
—,
common
Teck-Hughes Gold Mines—;—,
Thompson-Lundmark Gold Mines
Toburn
40c
-
Jan
8% Apr
21% May
60c Mar
5c
'
May
97
■
Apr
8%
1,000
1
4
.
340
5%C
River Gold —
•Tip
1,400
1.60
Jun
"
•
8%
78
Inlet
Jan
18,500
1.51
8 Ve
'4 % Feb
17% Mar
"»
5%c
Surf
Apr
44c
1.80
68c
86
*
-
100
9
69c
Mar
5% Mar
95
IIIIIII*
Jun
46c
31c33»/2c
4%
155
20
_50c
common.
Sullivan
33c
.
500
44c
49c
■
19%
5%
:
I.IIIIII
Jun
Jun
6,000
5c
•
•'
10
89
7%'- i
7%
•
1.56 May
Jan
680
1.18 Mar
19%
•
Jan
Jun
*
Jun
27,530
4%c
101'/a Jan
1.41
—c4
0
Steeloy
12c
500
4%c
Jun
9'A
I
,
1,.
-
234
9'A
43c
t»
Mining —
———*
Steep Rock Iron Mines-.-——_1
Sudbury Contact :—U,—1
Jan
31c
.
!
Jan
r
.28c
2,870
5c
4%c
——1
Mines
Norseman
-
—-—2.57
Mining
12%
Jun
10 'A
.
1.41
—
—
Canada
of
:
1,175
''
•
Brock class A
Stanley
Toronto
Normetal
Jan
Jan
31
IIIIIIoo
Tombill Gold
50%
20c
2.64
37
48c
-.
*
25%
9%
7%
—-—
■
-
72c
2,000
13c 16 %c
1
95,000
30c
v
•
.U—1
19c
12c 14'Ac
13 %c
,
Jun
16%
•*'
Apr
28%
1
——1
—
Preferred
Thurbois
'
Apr
Mar .1'
25c
24%
—
Preferred
Mar
*1* " ' .'*■
1.52
Mar
32,800
3'/2c
Feb
31
9%
Standard Chemical common
Stedman Bros
6c
2%c Mar
1.52
3'/2c
Feb
70c
'
9
33
10
May
8.50
Jun
35c
25
10%
s.
Feb
103
Apr
18c 20 %c
1.43
18
"
10%
v
16
26% May
'
1.91 Mar
100'A
125
1,000
4c
■
10%
12%
'Apr
'
New
/
Jun
16%
>
Jun
6.60
3,150
—
StaTratt-Olsen Gold
16
«
18% Mar
18,900
•••'"
15
;25c
»
Tamblyn Ltd common
Neilson
,
i
15
35
—:
Jun
13
Apr
Apr
3,235
2.40
15%
3.20 Apr
1.43 Mar
26c
♦
A
Gold
Sylvanite
26%
101%
13%
27%
45
11% Mar
:
35
30
10% Mar
900-
.■
Jun
1.23 May
Jun
20%
Jun
465
35
—*
Sturgeon —
Stadacoraa Mines (1944)—^- 1111111*
Jan
45.
Apr
440
30
11
Feb
<*
40-
'K-.50
15%
^
12% •>>' 12.% -.*12% :
25%
•
—
30
.
_—,,,_—2.35
Mines
12%
12%
-
> National Hosiery
National
12%
com———.—15'A
Preferred
Jun
Mar
46,028
•
Springer
May
37c
'
L
Jun
37%
25%
4
v
National
10
98C
20%
25c
—ii——^—_
B
27
Febk
Jun'''
3
25
1
18% May
76
'
Mar
25
*
100
26%
26
J—•
Mylamaque Mines
72%
425
5,500
23%
'
May
2.64
.
——5
^
Standard Radio class A*
.
11
1.16
20%
44
Feb
67 %C
Feb
20%
16%
.
•■•Class B ———
Siscoe
10% May
14
'
14'/a
37c
-•
common
Porcupine
70
Feb
14% Jun
Jan
2.35
7.00
_1
Standard Paving com
Moneta
*
660
47%
4.35
Mar
38C
16%
-
—.
Sladen Malartic Mines—
%
Midland & Pacific Grain
23%
14
27,600
-
2.50
'
5%c Mar
:
65,700
23
170
Jun
16%
*
Simpson's Ltd class A—.
"
Jan
29c
Jun
■*
395
8%c
14
—40
Preferred
-
Jan
10%
■''"
common
Dairies
Silverwood
Feb
8c
Jan
17c
1.12
———
common
Miller Mines
Silver
Jan
2c
36,500
12c
May
20%
11
,
20
—
Sigma Mines (Quebec) -a.—
Mining
—
L
Jan
55%
3,000'
May
7c
3.60
May
1,379
.
8cl3%c
8c
16
•
66
: 38c
2c
—
9%
9% Mar
A-:
2,070
'
5c
1,000
'
pref
-V T C———
•
May
30
<>
Apr
7%
v50
Jun
2,100
Jun
1,600
57
36 %c
56 'A
1
—I
Red Lake Gold———1
McMarmac
14%
.
5
Gold
McLellan
9
••>' 14 %
—1
—___•
common
Apr
1,000
47c
;
46%
50c
Gold
Ltd
Preferred
'-u
Jan
-
6c
46%
23%
HIIIIoo
Silanco
Massey-Harris common
16%
45
131%
Apr
10c
14
Sherritt-Gordon Gold Mines—
Sick's
Maralgo Mines "l
:
May
14% May
Mar
11
275
19
3.70
39c
41c
1
—„
-T_
Shea's
May
23 '
18 % Mar "
30
20%
13'A
Jan
6c
common.,—
Preferred
Sherriffs
Maple Leaf Gardens
Co
Shawinigan Waier & Power-
1.95 Jan
Apr
Jan
2c
;!
Mar
23c
10c
1
;
Scythes
3.65
6c
———1
Mines
Sannorm
Jan
40c
Apr
1.50
:
Apr
.
16c
►'
!
8% May
Apr
18c
640
-
3.65
San Antonio Gold Mines Ltd
Feb
10% May
•+
4% Mar
44
_1
preferred-
Senator
MacMillan
-50
.—100
preferred——
St Lawrence Paper
'
Sand River Gold
MacLeod-Cockshutt
19
Mar
s
'
Feb
3.00 Jan
-
Mar
53c
535
•
Macfie Red Lake
71c
—1
MacDonaM Mines
s-
.
Jan
30,200
10c 11
10% 6
'
1
;
Feb
9c
%c
130 131%
I——1
,
—1
—
—
St Lawrence Corp commonMines
Macassa
•
May
Apr
10c
11 %c Feb
7'Ac Jan
7,475
!
43%
10c
10c
-
.
43%
11%
common
-
Royal Bank
Royalite Oil
1.50 Feb
..
Mfg
Oils
Roxana
-
29'A Jan
Apr
Mar
40c
22,700
15c
31
26% Mar
215
65c
9'/2c
1
-—
—
63c
\
1.50
Jun
80c
341
28%
30
29 %
.
*
1
41,700
7,460
Goldfields—.--1,
Gold
Lunward
;
——_
Louvicourt
6'Ac
500
V
* 29%
*
Loblaw Groceterias class A
v
32%
Cotton
29 %e Mar
Robertson
Gold
Lexindin
A_j-__________
Jan ? '
1.10 Mar
5,000
1.15
1.19 May
Mar
60c
12%
Jun
19%c Jan
,
10c
May
33% Jun
25
Jan
36'A May
28
Jan
101% Jan
7%c
10c
13,000
5c
Mar
12c
Feb
8c
8c
500
7c
Apr
10c
Apr
"'
44'
(2724)
THE
COMMERCIAL. & FINANCIAL
CANADIAN
RANGE
Friday
Sales
Range
Sale Priee
of Prices
Par
WEEK
Monday, June 21, 1948
MARKETS
ENDED
JUNE
18
for Week
Last
,
8TOCK8—
Week's
LISTED
FOR
CHRONICLE
Low
'
Shares
Friday
Range Since January 1
High
Low
Week's
Last
High
STOCKS—
..
Sales
for Week
Range
8aie Price
ef Prices
Shares
'
Winnipeg Electric
Preferred
-•
common
—
Winora Gold
Wood
pfd
25%
948
96
96
,V";70
118
21%
4c
25
2.50
2.65
2,863
■V.
26% May
Apr
100
Bulolo
117
6
H
Jun
&
—1
22c
.1
f
19
127%
Dominion
Canadian
Industries
.22c
23C
5,500
18c
Apr
40c
Canadian
Feb
68C
70c
16,410
'65c
Jun
81c
May
60C
Yankee
York
Girl
_
>€c
"■*
Knitting class A
Oc
6c
7
_
7
1,000
■*
5%c Apr
100
6% May
'-
-,1
•
Canadian Vlckers
Preferred :
9c
23
■;
v2%;;-
Consolidated
2%'.
42
Week's
Friday
Last
STOCKS—
40'
Sale Price
Par
Andian
*
National
Asbestos
Co
common
;f"'
Low
27%
27%
185
25
125
27%
Pulp St Paper conKi*
125
125
10
72
-
5%
_
Preferred
Range Since January 1
7%
too
5%
-
5% '
25
'6%
2,000""
111 115%
112%
24% Jan
164%
134
Apr
42
Jun
*'
Feb
4% May
',50
50
20%
20%
2,502
23
23
45
18
Jan
31%
26% May
32
180
27
Feb
33% May
36
Mar
I
65
39
Apr
51% Jun
14% Mar
'21% May
*
Paper
20%
~22
39
,39
40
22%
22%
100
.
Ofl
2.95
l
Jun
155 *
Mar
3%
Jun
".2% May
"
'
2.90
3.00
'30%
30%-
'22
22
.*
.39
.20% Mar
1,580 ■
2.80
:
Apr
(
I
'
I
»
I
-Jun
23%
Jan
'30
Jun
Feb V/
Mar
■
International
t
Paper
*
common
4.10
Jan
Jan
,
Southmouth Investment
Jun
,
Temlskaming
50
20
Feb
200
21
May
—J
66%
69%
1.195
'46
26
26%
2,245
20
Feb
3.90
3.90
4;05
2,200
2.25
Jun
28
May
*
4.80
Apr
'
"•
40c
,41c
800
'37c
Jan
«c
6%c
1,500
6c
Jun
.
•/
+
Jan
'70%
"'
.
Feb
•
41c
.;
1—_1
Mar
22 %
Mar
263/a
___•
Mining
34
•
t*
I
-
6%
66%
'
1
Minnesota & Ontario Paper
Pend ' Oreille
:
i
115%
,
*
__
May
135
Apr-;
.
Humberstone Shoe
Jan
Feb
3%
...
High
10
Jan
80
2,160
)
y
'
'Hayes Steel
\
see
20%
,
120
4,200
/. '4 %
":'i •;
Jan
A; 1.50 Feb
460
155
'
For footnotes
!
»
i
Shares
High
Jan
Jun j,
•
7%
,
«
Corp
British Columbia
Brown
Low
"Foothills
Sales
.42
4%
Dominion Oilcloth & Lino
Donna con a Paper
for Week
Range
of Prices
/Yj
18
20
.....
.19% Mar
162
1,130
2%:;;
1150
Canadian Funds
'
.16
Jun
"15% Feb
1
5
4%
Dominion
Exchange-Curb Section
.
200
•
—2
deHavilland+Ajffcfaft
Toronto Stock
23%
.100
Canadian Westingbouse
Jan
■„
320
:
164% 164%
common
l
100
»"•
'
■
23
r
.—1
—
::/'i High
i6
20
;
-r
Jan
8%
i6
,19%
..100
Marconi
Canadian Western Lumber
Ymir
20
common
^
l___
;
:'L~.
- m
.
Range Since January. 1
High
■
Jan
2.80 Jan
Apr
Sugar
Low
«:
v
.
,
J.i
Jan
24
May
2.40
■'■Par,'
—5
_w__
Jan
8c
Mar
"
Ci
./•.'■
Gold
Preferred
2.65
i_j.
Feb
Apr
500
21%
_5
Bear
4c
118
.
Yellorex Mines
20%
85
Canada
4C
.100
Combing
Wright-Hargreaves
Yellowknlfe
25%
06
'
--.-1
(Alex & J)
Wool
25 %
'".100
___—
'
41c
'Jun
8c
.
Jan
page 45.
M'
'
:
r'Sfi'i, v-> ■■*'■!i *■£.
J' '*•
•
'•
y
i?y:
■« •*. #'•
•
Statement of Condition of the 12 Federal
Reserve Banks Combined
thousands of
(In
dollars)
1
-
Y
1
Assets—«
Gold
June
"
r '*
•
16,
June 9,
,$
certificates
for
F.
:4
$
21,623,170
fund
\ June 18,
* "
1948
■
Redemption
decrease (—) since ",
1948
v
-«
.-5,
\J..
-,'•
J,
<
Foreign Exchange Rates
••
''
■
•
FOREIGN
EXCHANGE
nf
RATES
CERTIFIED
BY
JDNE
■'*•
FEDERAL
11»
1948
—
2,500
+
155,500/'
262,839
+
8,247
advances—-
294,032
Industrial loans
JUNE
1948,
+
+
«161,271
162
+
Notes
y-.y-v.;--
j
Argentina,
6,176,786
+
loans
from
P. R.
and
foreign
—5,746,080
Of f icial. __________________—.____—_________
107,500
—1,705,259
Free
"8,000
—
—
.
Bank
notes of
20,749,224
•securities.
y
5,000
.
other
+ 1,565,500
+5,449,396
banks
+
16,409
+
445,060
3
+
'.*••
:
—
36,904
acct.
serves,
note
,
+
for
respondents
Commitments
Brazil, cruzeiro
.054406
29,404
+
767,309
+
+
'
/
Official
Free
448,189
448 266
+
.
27,543
365
+
69,720
6 663
8366
,
,
+:■'""
.
+
3,642
+
+1,474,496
.
+
'
■
.
OF
!!.
1930
'
>
-
—
.
cor-
*88
30,414
2,657,293
^
+
2,973
—
325
3 0%
—
6,624
+
* 20
—
.251247*
;•
3 017
288
/v
$
/■ v-,/Y .297733*
/
"..251247*
3.212133
.022800
'
3.212133
1,1
.022806
Y/I i
-.054406
--
■'V'J. ;■
1.000000
;
V
!i
/
•' .022804
/1.0544O6
.054406
v'-'-r}
-
?
.930000
1.000000
/
i.000000
,
;
•
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.020060
.
-
.932031
-
**
>.'.933125
**
.r
.020060
.020060
,
A
'
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Closed
1.000000-
.
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;
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,,
.926250
;
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"/■/'
.251247*:
•
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-'
.297733*
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.
3.212133
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r
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.020060
.208604
:208604
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4.031250
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4.031328
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.
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4.031328
; r.
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(Metropolitan), franc—
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.004671*
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; y,
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.301691
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'.003272*
India, Dominion of, rupee.—'
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■
/.
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■.! *{ •%/,
Netherlands, guilder
?
,
/•. ;003270* '.
-
\ >+/!;
Official
5
.
New Zealand,
> '
—
-
i
'
yy.'V
Norway, krone
I'
A,
'
.377431
'
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Portugal, escudo
1—i_~.
Africa, pound
/
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v
J
,\ *? ■t,' * /
•;,
.
Closed
.205726
.377411
,377243
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-
+A
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:- .561800*^ *_f;
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'
KJ40350
•
'
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1.000000
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'
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i
1.000000
"
-923750
3.225000
.
.040356
1
i
"/
1
.091324
Sweden, krona
.301691
.205726
;>r;
v
.201580
T
'Nominal rate.
•"
.V'T-v.;;* yy.1.000000
,(iy
.924166
'3.225000
..
•
1.000000
pound
>.
.'** •'
.003265*
.301691
■
y.
...
Uruguay, peso—
Vv
.004671*
.CC3263*
.205726
.
,
.C 04671*.;?
N
.003265*
.301691
:205760
."377473
.004671*'"
■
*
.301691
.205726
indus¬
trial loans
>297733*
'/June 17
"
.--.'v
•
Y
4.031250
"
■
Controlled
.
'
/•<•.
June 16
y
"
,054406
^ ?VY'g
•«
June 15
"
• •;•!:
•:
Union or South
-
o.4%
;
'
V
•
+ .208604
Switzerland, franc—.
51.1%
V
1:
Denmark, krone
-
.
'.022800
■.926640
peso
Spain, peseta
47,289,438
r; -• y '•'/ '-t-
•<
3,535
+2,611.762
bills
on
ACT-
--
-
3.212133
;
1.000000
:
Colombia,
Closed
?$-1
•
1,198
+
■'"••'1
•
51,533
18,252
combined
make
"jt%
Free
foreign
"
-■
:
.297733*y
y
,'jv y*' ",ih f*
Canada dollar—
Mexico, peso
+1,470,489
?
.251247*';
.022800
759 231
—
2,976,960
-
V'r-iv'
3.212133
Y
i
+2,539,201
—»
to
+
-
Money
June 14
•;25I247*
England, pound sterling—
+
64,486
-
13,969
+
States
/'/'.yd-
$
I
:
Newfoundland, dollar—
liability
purchased
"
TARIFF
379,240
+1,757,841
160,033
—
.
198,359
?
1
Australia, pound
France
844,741
gold certificate re¬
to deposit and F. R.
Contingent
—
735,225
accounts—
liabilities
Y'.
•
46,545,627
—
Total liabilities St cap. accts.
of
87,505
+
(Section 13b)—
capital
-
33,243
+
983,801
Capital Accounts—
Capital paid in
Surplus (Section 7)——
Surplus
*
+2,657,293
19,861,583
availability items
liab., incl. accrued divs.
liabilities
v.
"
356,998
deposits
-
•
—
521,963
Deferred
Ratio
;
'
+
+ 1,474,496
United
:A;•;
' !
Czechoslovakia, koruna
"
acct. -17,998,821
—
-
559
23,688,832
Other
Total
16,733
948,016
~~~
notes
U. S. Treasurer—gen.
Foreign
Other
+
+-
47,289,438
Deposits:
Other
53
—
136,715-
bank—reserve
'
for Cable Transfers in New York
in
•',297733*
275,010
—
32,565
Liabilities—
Total
382,907
—
120,110
assets
Member
+
436,443
—
3,450,644
*
other assets
Federal Reserve
400,240
49
premises
Total
" +
21,045,124
banks.
Uncollected Items
HNDER
■
vy'yi*jyVj-'
INCLUSIVE
June 12
''
-va.
305,740
Belgian, franc
Total U. S. Govt, securities,
/•'June 11
'
peso—
+
•
1,934,800
Bonds
■'.
+
4,397,007
—
Value
...
8,240,631
Total
,
'
.
32,789
»
+
977
,
Bills
Due
TREASURY
+2,349,974
•
Certificates
17,
TO
-
,
'•
BANK
TO
-
.
:
Noon Buying Rate
92,020
—
18,310
—
,
1,868
securities:
-
_ui-
618,222
Govt,
-,:S:
.-■'
RESERVE
Country and Monetary Unit
U. S.
<
,
V 1
A
1947
+2,441,994
22,241,392
Total gold ctf. reserves,,
Other cash
and
)
R.'
notes
Discounts
.•a.
Pursuant to the requirements/(Sf Seetton 522 of the Tariff Act of
1930, the Federal Reserve Bank certifies daily
to the Secretary of the Treasury the
buying rate for cable transfers in the different countries of the world. Vfe
give below a record for the week just passed: V
'V
$
158,000
+
..
.
•*'.
•(
'1!
Increase (+) or
■
•*//>*.
f.'.'r.H' *
,j
•
y
'l'
.658500*
"*/.561'806*
■
u-'
.1,,
/*•) i
,
Volume 167 \ Number 4709,
THE; COMMERCIAL & FINANCIAL. CHRONICLE
(2725).
OVER-THE-COUNTER SECURITIES
/.,•
V f"V
,
•
' 'l
;■
'
v'
t
'■
•
^
^
^ t
' f
Aeronautical
-Bid
Sescuritles—I—1
Fund
lnc„—l'A
Ask
t
vFar
" 6.11
4.52.
4.94
*26 V*
28'A
X5.57
Loomis, Sayles Mutual Fund
Amerex Holding Corp.———10
American Business Shares.
1
Associated
4.06
Standard Oilstocks
Shares
series
8.33
5 V*
4
Street
Bullock
Canadian
Century
Inv
,
19.12
Ltd—1
4.20
4.38
Trust
_1
.Preferred
30.44
-v——100.
Commonwealth- Investments
1
Delaware
Fund
______——1
Bond
25.32
16.60
Income
Inc——i—5
26.15
28.27
Financial Industrial Fund Inc lc
i- 2.02
Fidelity
Fund
.Boston
Corp*
'
2.21
1
5.82
15.33
16.80
Trust Fund
First Mutual
Fundamental
General
Capital
Automobile
Aviation
8.15
,7.18
'
8.91
6.68
Chemical
Food
shares—
Fully Administered shares—lc
lc
8.09
Institutional bond shares—lc
9.68
shares, lc
9.11
shares.———-lc
7.10
Merchandising shares——lc
Mining
shares.—
:
lc-!
Railroad
8.00
/
9.47
Utility
Howe
5.60
shares.—.—lc
Tobacco
—_lc
4.00
,
,
shares—„i—
Plan
Fund
Inc
Shares
Oils
B-2
Bonds)
(Medium Grade
i B-3
10.77
9.7,0
10.63,
J
bond
11.83
'
Rate
12.96.
series
I
10.78
il
11.60
13.70
9.19
.0430
Bid
Ask
.1
I
...
12.44
1.25%
1.11
10.62
9.53
31.16
7.21
7.90
15.37
Petroleum
"Putnam
15,72
1
24,59
Due
Bid
Ask
17.45
9.73
Bid
Ask
1.15%
1.45%
6-
1-48
11-
1-48
bl.55
1.40%
1.20%
1.55%
3-1-48
12-
1-48
bl.60
1,45%
1.50%
<
,
9-
1-48
bl.50
1.25%
3-49
hi.65
IOf-
1-48
bl.55
1.35%
1.55%
5-
1-48
2-
1-49
bl.65
1.50%
10-
1-48
bl.55
1.35%
1.55%
6-
1-48
3-
1-49
bl.65
1.55%
1.50%
2-
2-48
11-
1-48
bl.60
1.40%
18.95
United States
l
6.4(3
7,05,
—I
6.54
7,17
...1
equipment
7.92
8.68
July
9.07,
9-94
July
9>78
10.72
Juiy
15,
22,
Bid
June
<
w—1
:
Trading..
(Geo)
■
1
3.38
Fund
Inc
27.34
1948
bl.OO
1948
bl.00
8,
1948,
bl.OO
bl.OO
0.94%
bl.OO
0.95%
bl.OO
0.96%
Selected Amer Shares.—.—2V%
Sovereign Investors,.—
1
Utilities..!.—
State
Street
Investment
xll.81
•fa s«;
88c'
25o
1
18.03
6.37
B_—
Union Common Stock Fund.
'Wall Street Investing
Whitehall
Fund
247/*
26%-
100
Bankers Trust
~9il8
20.36
1
19.71
8.39,
'f,. Series
22.26
Brooklyn Trust
-100
Central Hanover Bank & Trust 20
Chase National Bank—r_
15
1
10.42
10.63
Chemical Bank
17,50
19.1ft
Commercial National Bank &
Inc...
16.68
Trust
17.94
315
10
I
& Trust——10
Co
,
*
—20
40%
„
7.14
820
2.54
North Amer Trust Shares—
Series
1955.——...
__I
35
93 %
37
.
x40J/s
!
Trustee
Series 1956
Bid
Shares—
;
—
Fiduciary Trust —
First National Bank
82
BUI
10
Par
>
■
Home
—5
Ask,
28
46
Insur Co of North America,,,10
102
52%
Jersey Insurance
;
of
N Y
/
28
29%
106
:
38
common
1
$2.10 Prior preferred
.10
$1.05 Convertible preferred.5
Casualty,,,
St
11
12%
Massachusetts
American
Equitable
5
19
20%
Merchant
12(4
Bankers
&
13%
Merchants & Mfrs
16%
22
24
National Causalty
National
Fire
60%
63
National
34
42.'
15 ■<■■!■:•
16
Continental
Crum
——25
81
66
—5
19%
Life,—,10
Inc
20%
.
89
86
50%
__10
45
47'
5.
32
34
Hampshire
Fire
2.
—.18
32
Fire
571/*
New
1
86
Public Nat'l
16
Sterling National
36'4
Title
.?•- 34V3
' -1,370
10
Fund
of
57
60
20
148
55%
1,10
Frisco
97
Firemen's of Newark
.
•
•
5
t
■
■
13%
57 V2
100
-
»•
»r
••.£"•.
26%
28%
Glens
Falls
45
47
Globe
&
Globe
2nd
Great
Republic——
!
5-
&
Rutgers Fire ^com,til5
preferred,.
—;
15
American
—5
9%
;,
10
—
Hartford
Fire—_C—
Hartford
Steamboiler
10.
;
10
41%
87
90
39%
>
81
-
41 %
-
85
10%
25'
21
74
33%
27%
Ill
32%
"
29y«
114
34%
...
>
88
4%
34
.
Reinsurance Corp (N Y)
Republic (Texas)—.
101%
%
103'/a
5%,
1977
100%
l'Ol'4
.-1978
101 y2
Edison 3Vb&
Diego Gas & El 38-^.1—1978
Toledo
Edison
Par
Bid
80
Ask
84
90%
50
91%
50%
.
108
104
preferred
—100
-
94
96
.
102%
102%
N Y State Electric & Gas—
4.50%
preferred ——i-i.100 -105
Okla Gas & El 5'A%, pfd
100
106%
100'/*
.
106%
108
101%
3.70%
Co 2788
1977
102
preferred
100
Pitney Bowes 4'A%
Public Service
3.50%
(Indiana)
53
96
—
preferred
Service
93
50
pfd
100
81%
83%
New Mexlco_7
of
14"%
15 y»
103
99'A.
100'A
1968
100 Vi
102'/*
101Y*
Edison—
103
100 7/a
Southern Calif
101
1978
4.56%
preferred
Speer Carbon
29
——
Co
•
D—
12%
13
Tennessee Gas Transm's'n Co—
,
■;■;
y' /!'!/■'■.
Stocks—
American
Par
Broadcasting
Bid
1
106
Ask
8
Appalachian Electric Power—
4 V2 %
preferred
100
80
a
Odd lot sale
28%
46%
change,
Standard Accident
34 y4
dividend.
S
10%
590
England Gas Si Elec—
Public
Surity—
Security (New Haven)
Springfield Fire & Marine
U
95/«
560
4'A %
preferred
100
100
99
9
Texas Eastern
Tucker
107%.
Transmission—•
13%
13%
Corp "A"————1
2%
3%
28%
St Paul Pire & Marino
55
—
Travelers
12
100
Pennsylvania Electric—
3y#8—1978
—
Seaboard
108
Fidelity & Guaranty.
2
Fire
U S Guarantee—
Westchester Fire
New
102
Potomac
'
Trust—
&
Trust—,
Ind'polis Pow & Lt 5% pfd—100 xl06%
Kentucky Utilities 4%% pfd-100
102
98'A
Wis-Mlchigan Power 3s—.,1978
79
31%
97'/4
101 %
3s„—
Pacific Pwr & Light 3'As
FirO—
—
States
97%
1978
Power
29%
44
Indemnity Co
U S
Hanover Fire
25
-
Birmingham Elec $4.20 pfd—100
Florida Pow & Lt 4 Yi% pfd_100
Gamble Skograo 5% conv pfd-50
101 V2
96%
99 Va
101%
38—1977
Lt
Union Elec Co of Mo 3s
West Penn Power 3s—-
Pacific
101 V\
3'/a—1978
&
85%
14%
General Reinsurance Corp___,l0
,5
25
Trust-17%
Stocks—
98
102 Va.
———12.50
153
,,10
Utilities 3s——1978
San
Providence-Washington
1——
&
39%
102
Ohio
41
15,
Ask
97
k_>.
States
25%,
7%
Preferred Accident—
Phila,,
Bank
Guarantee
United
k—
Georgia Power & Lt 3%s—1977
Ohio Public Service
27%.
2.50
_!T
Phoenix
Fireman's
,
1967
5
Northeastern
34
'1—*•*;'. 32
Reinsurance,—10
68 %
of
Trust—,,—
..49y»
Security Issues
Bid
Gulf
Louisiana Pow
52%
"v; 34
7%
-
5
River—,i.,
71%
Assn
230
1
Kentucky Utilities
30
18
Fire
New
Northern
2%s——1968
2%s
27%
Employers
Fire
52
224
Morgan (J P) & Co Inc
100
National City Bank—'/a
Illinois Bell Tel 3s—1978
Iowa Power & Light 3s_——1978
29%
26
8%
Employees Group Assoc
Fidelity & Deposit of Md
50
25
4%%
25
27%
25%
Casualty
York
Gas
27/8s—1977
3 'As—1973'
Firestone Tire & Rub 2%s—1972
:
4
—
Amsterdam
New
;
(Detroit)—10;
Pacific
Federal;
23%
5>
86
63
Casualty—,—,10
& Forster
Union
;
Nat
Cudahy Packing
47%
__5
New
■'^
Fire,
General
.
18
33
North
Camden
Assur
31
10
Connecticut
Bonding,
Fire
Columbia Gas & Eiec
Consol
85
44"
American
Boston,
46J/a
42%,
York
1,550
25
24 >■; v
*
276 '/a
17
16
20
Trust- Co
40%
100 1,310
Bonds—
Ask
42%
>'"^!'*
Shippers
267 Vi-
10
100 1,500
2.99
5.93
6.30
40
Wfr
10Q
Trust
Manufacturers
55
Ask
165
200
42'/2
-
14
10
Lawyers
Bid
100
3.72
1
15.10:
5.74
^
0.96%
2.86.
5.43
10
0.96%
—100
National
Guaranty Trust
Irving Trust
Kings County Trust
' 110
V2
82
—
Par
Trust
Grace
42%
'
90
Federation Bank & Trust-
T' Unit Type TrustsDiversified
American
—25
0.96%
Fulton
330
xl06
Continental Bank & Trust—10
Corn Exchange Bank &Trust_20
Empire Trust
50
Series E——2.56
Independence Trust Shares
1
13.84
—10,
0.96%
bl.OO
bl.OO
bl.OO
Ask
Manhattan Co—10
the
of
Bid
Bank of New York
21.78
C
1
Union Preferred Stock Fund—1
Bank
960
86C
Maryland Casualty
Surety,,^
bl.OO
bl.OO
City Banks & Trust Cos.
Par
63
Reserve,.
0.96%
5,
54.0ft
1
Series
New York
7.32
80C
51.00
;
Corp.*
Trusteed Industry Shares
Union Bond Fund series A
■
12.78
6.69
10c
16.57
22%
American
0.96%
bl.OO
Aug.
Aug.
51.50
24.60
59
American
Ask
bl.OO
Sept. 9,- 1948—
Sept'. 16, 1948-
0.94%
1948,
1948-
Bld
0.94%
1948-
12, 1948.
Aug. 19, 1948—
Aug. 26, 1948Sept. 2, 1948.
0.93%
1,
29.40
•
...
30.53
21%
Automobile
1-
3.7,0,
15.19
Casualty_5
1-48
Treasury Bills
17.00
1
Republic
15.81
!
Fund
25
22.55
Newark——JJ2%
4-
Ask
24,
July 29, 1948
5
27.98
Re-Insurance—10
1.55%
13.70
19,62
17.36
American Alliance,.
Fidelity &
Due
bl.40
bl.45
21.60,
19.04
;Life—SOfy
American
Dated
1-48
2-48
Arkansas Pow & Lt
American
Rate
7-
1-48
12.50
26.83
1
Far
American of
.0321
1-47
19.71
———.
&
.0481
2-48
l
Corp
Assur!
.0353
100.0133
1-
t
Wellington Fund.—..
—10
Automobile—.—4
,
100.0326
5-
July
28.65
—_——25
100.0214
..
—
8-
10.44
•
1
Tobacco
.0032
Recent
Agricultural
tlYa
Mar.
1,
1949
tiy8s Apr. 1, 1949—,
Uy»s June 1, 1949
.0032
.0032
147
11.64
Steel
16.86
28.67
Casualty & Surety
10
Insulance-<.i—U——-16
—
12-
Insurance Companies
Aetna
1949
13.63,
1
...
...
Railroad
84c
14.47
S-4 (Low Priced com Stks>__1
Knickerbocker Fundx
1
Aetna
1,
11.91'
10.32
.1
10.23
1.01
,
Aetna
tl%s Feb.
10.04
equipment
stock
26.65
76c
(Appreciation pfd Stks)_l
8-1 (Quality common Stks)_l
S-2 (income com Stocks)
1
8-3 (Appreciation" com Stks)_l
100.0307
1
.0063
Scudder, Stevens & Clark
9.33
K-2
.0472
1.45%
15.01
1.80
27.40
Bds)
.0066
100.0366
1.35%
12.35
5.76
—1
(Low Priced Bonds)
99.9954
1, 1948 Series J
1, 1948 Series K
tiyas Jan. 1, 1949,
Oct.
1-48
1011-
12.71
11.27
Dated
1.15 %
1.20%
11.44,
Industry.^
—X
Railroad
.
B-4 (Speculative Bonds) ^.^1.
',:V K-l'(Income pfd Stocks).—I
.
9.83
Pacific Coast Invest Fund:
Public
Utility.
T 4.35
Keystone Custodian Funds—
(Investment
Corporate
Standard
Investment Co of America
1
Investment Trust of Boston...1
Investors Management Fund
1
B-l
i
—...I
5.03
Aviation
"
99.9951
t Is
Federal Intermediate Credit Bank Debentures
8.66
24.65
Group shares.
lc
Bank Group shares..
—_lc
Insurance Group shares——lc
Stock and Bond Group..*—lc
Ask
Us Oct.
.0466
16.84
7,63:
Metals
'
•
Bid
.0062
,iy8% 100.0360
t7/sS July 1, 1948 Series F
.100.0004
t7/aS July 1, 1948 Series G
100.0004
t7/as July 1, 1948 Series H— 100.0004
12.00
1.76
5
Ltd—*
-
4.61
r
7.90
....
supply
Merchandising
.
Institutional
4.22
15.70
6.96
4.66
—I.:
Investors
J6.08
•
Certificates of Indebtedness—
4.49:
;
10.95
Investors Fund
Russell Berg Fund Inc..
Income Foundation Fund—10c i
2
Incorporated
;
Maturity—
.1226
99.9950
-
5.19i
I
;5.30
lc.
*
;
4.7,5
„1
——
Machinery
6.11
1%
—
Certificates of Indebtedness—
5.15
5.63
Ask
1%% 100.1133
1, 1949
Inc—■
stock....
Insurance
2.80
Equipment shares—i—lc
//:• Railroad stock shares—-—lo.
shares
Stocks
Electricial
10.26
4.74
•
Diversified Investment FundiT
Diversified preferred stock..!
6.26
2.57
shares—lc
RR
Steel
1
Diversified
8.68
5.77
shares——lc
Bond
7.96
'
j 7.70
Petroleum
7.28
i
9.88
■
Bid
7.40,
Chemical
10.16
Investing
i
York
Bank
8.77
Industrial Machinery shares
Priced
6.77,
—1
Aviation
8 59
Company
1
Series—!
Automobile
8.63
shares.——-lc
1948
1948
1,
IJan.
7.49
Agriculture..—
!•'
/
7.96
bond
15,
tOct.
4.11
6.72
7.92
General
121%
7.80»
5.99
lc
tSept.
10.7 ft
7.14
12.51
"5.52
—lc_
'Equipment sharbs
shares
Int. Rate
14.99
9.90
1
.'7.25
11.55
-lc i
Building shares—lc
13.96
3.97
9.65
•
120
1961
Dollar Price
Maturity—
6.85
Series
Series
100.4
U. S. Certificates of Indebtedness
6.24
New
'.
7.51
; 6.62
<6.19
_T—lc
shares—i_—lc
Electrical
16.82
,
■■
shares-.
13.87/
15.39
Series
Building
shares—!—lc
Agricultural
12.83
1
3.63
f
*
Securities—
.1
5.71
5.95
5.55
30.02
1
49.48
46.02
Corp.—-r--l.
General Investors Trust—1—1
Group
7.16
6.25-
shares A—2
Trust
27.77
__1
6.47
Fundamental Investors Inc—2
1
1
Stock
100.1
101.16
5.91
1
Low Priced Com Stock
Series 1
New England
Fund
1
36
34
—10
8.47
Industrial Stock Series
Selected Group Series—
17.74
Fund—-.,———— Li
7.73
Inc.
Bond
1Q0.1
100,7
Other Issues
Securities—
Priced
Ask
99.30
100.3
5.16
10c.
Stock Series........
27.07
Stock
4.68
series
Low
Howard— 1
1
.99
101.8
Bid
1948,
20, 1949
1%S Apr. 13,. 1949
4.99
5.36
lc,
Fund
Speculative
Fund——
98.24
1955-1953—
15,
Jan.
4.73
lc
Fund
Preferred
'*•
Balanced
l%Si Sept.
1%S
98.8
point
a
Banks—
4.38
4.53
lc
—
1
National Investors Corp..—X.
"National Security Series—
.
100
Loan
Home
Panama Canal 3s
4.29
3.97-
f
1.71
y
99.26
98
32nds of
one or more
Federal
5.04
4.57
lc
.lc
,
Invest
Balanced
17.34
1.53
Shares———*-25c.
&
shares—lc
shares.:
Nation-Wide
6.60
16.04
shares
Mutual
145
6.07
Industries
Furnishings shares
Manhattan Bond Fund Inc
3,080
140
Ask
4.95
Mass Investors Trust
> Mass Investors 2d
Fund—..
13-90
1,
Bid
1, 1952-1950
1„ 1963^1951,,:
2%s Feb.
4.83i
Petroleum
42.73
14.70
1-
com_U00 2,980
1%S May
I'/as Jan.
4.09
Paper
3.30
Securities
4.3.7/
3.69
Steel shares.—
"yi
"20.96
Fund—-—>
Dividend
19.10
-——1
Fund
Shares
Chemical
Christiana
4%
9.18
Ltd
3.96
lc
None-Ferrous Metals
99.48
—10c_
9.17
Corp_—_5/ * 17.67
Invest
Fund
V
22.03
Bowling Green Fund Inc
Broad
50.78?
4.49
General
57/a
20.38
•:
1
Federal Land Bank Bonds—
IVaS Oct. 1, 1950-1948
-
*
18.11
95.50
Inc
49.76
lc
Home
Corp___
1
Holdings Corp—l—l
Bond Inv Tr of America—!—*
Blair
Fund
shares
Drug shares.....
9.01
16.66
Beneficial
Low
,
.
Figures after decimal point represent
106.85
Electrical Equipment shares.lc
ll5/a
10-%
Inc—1
Axe-Houghton Fund B_———5
Boston
104.71
Business Equipment shares.lc
''
2
Automobile
r
v,
18
Aak
.
'
1
"
A——
Axe-Houghton Fund
*
Sayles Second Fund—10
Managed Funds—
■■
'"'!
4.44
Bit
v
Loomis
t
First
Juno
Obligations Of Government Agencies
Par
^
,
Affiliated
i
Friday,
-
Mutual Funds—
Eaton
for
I
'♦
V, -4'
1!
*i
ii
<
.
-Quotations
,
t. *
^
4
595
x
Ex
(not Included In year's range).
year's
range),
n Admitted
(Un) Admitted
dividend,
y
eEx-Interest.
to trading N. Y. Curb.
to
Ex-rights,
Unlisted
z Ex-stock
fFlat
b Big yield price,
price,
k Admitted
d Deferred delivery sale* (not
to
rCash sales*(not included
Trading privileges.
wdWhen
listing
on
N.
Y« Stock Ix-
In year's range).
delivered.
tKx-stoefc
wlWhea
Issued,
dividend.
52%
56
1ft
2.50
Included "in
•No
dividend
36
~
par
paid
value,
on
tin
default.
May 10.
IThese
bonds
are
subject to All
Federal
taxes.
lKx
Hi cash
45
COMMERCIAL & FINANCIAL
THE
(2726)
4G
CHRONICLE
Monday, - June.-21, 1946
Week Ended June 12
1948
THE COURSE OF BANK CLEARINGS
:
3-
Pennsylvania—Altoona...J
advices from the chief
Preliminary figures compiled b,y us, based upon telegraphic
Bethlehem
At this center there is
a
$
0.5
713,627
628,438
942,069
+ 41.6
1*020,081
1,152,772
982,745
+ 27.4
663,145
788,918
3,343,566
+ 36.6
2,272,200
743,000,000
+ 13.3
1,881,560
680,000,000
2,857,264
2,724,387
4.9
6,080.173
3,824,811
+ 59.0
4,759,386
2,081,947
+ 22.0
1,644,608
1,643,883
—.
2,540,204
4.762,375
3,772,636
+ 26.2
—
8,219.606
8,010,835
+
2.6
2,386,466
7,670,231
2,008,162
8,737,591
6,691,850
5,060,973
+
32.2
881,669,420
775,114,259
,
—
—.
Wiikes-Barre
against $13,745,956,819 for the same week in
gain for the week ended Friday of 13.5%. Our com¬
York
Delaware—Wilmington
....
New Jersey—Trenton——
parative summary for the week follows;
—
680,000,000
2,266,420
,
Scranton
last year. Our prelim¬
1,370,290
1,252,476
4,567,494
842,000,000
—
.
Philadelphia
Reading
inary total stands at $15,602,655,611
1947.
1945
3
1,364.032
—i—.
Lancaster
United States from which it possible to obtain weekly clear¬
ings will be 13.5% above those of the corresponding week
1946
or
Dec.#
1,333,946
.
Chester
indicate that for the week ended Saturday, June 19, clearings
cities of the country,
for all cities of the
Inc.
—t-.
Third Federal Reserve District—Philadelphia—
compared with a year ago.
clearings this week will show an* increase
Bank
1947
—
Total (11 cities)—..
+
1.846,079
3,193,611
4,502,059,
+13.7
7,207,900
707,898,223
709,088,919
5,319,627
138,364,589
Clesring»—Returns by Telegraph
New York
,
717,405.117
.J—
925,000,000
857,000,000
+
———_—
476,140,158
461,621,096
+
3.1
.———.
329,095,978
254,261,215
322,400,000
274,300,000
336,965,000
338,966,000
337,490,240
275,929,313
373,988,261
264.148,054
229,491,225
Boston
—
Kansas City
St. Louis
J
l
■;
1
San Francisco
*
i
..
—,
i
—
Pittsburgh
—
Cleveland.—„
i'
X h
-
1
Ten cities, five days..———
i
i
1
—
I '
'
:
AU cities, one day-
2,558,702,470
+
684,419,885
Total all cities for week——,
-
Fifth
West
issue of next week,
our
ends Saturday and the
are
+ 17.4
+13.5
District of
Sixth
appear
we
able to give final and complete results for the week
are
June
ended
For that week
12.
there
was
of
decrease
a
week in 1947.
same
a
in the
by 9.5%.
a
21
—.12
4th
Cleveland——-
9th Richmond9th
Atlanta.....
tfch
Chicago!—
9th
19th
11 .008,508
11th
12th
Dallas.—.
San
•;
We
add
2.3
2,865,544
2.184,872
4.8
69,468,168
58,257,785
00 335,671
79,180,803
+ 14.1
70,944,220
74,206,755
7 837,031
Seventh
a
.
1947
Federal
Reserve
12.7%
...
1,729,932
1,597,979
—
10,689.002
9,624,513
...
4,839,319
6,625,363
—
6,182,154
6,545,556
Sioux
$
a?
1.1
481,082,482
8.7
7,361,713,711
7,812,405,900
3,805,841
25,036,465
+ 17.8
20,174,606
10,393,484
City..—--'i—.
15,536,498
14,710,067
+ 32.7
12,365,028
11,736,882
+ 11.4
46,979,644
45
+ 14.4
2,917,352
9,817,480
+
5.6
+
0.7
1,124,213
928.314
—
1.1
020,573,073
573,757,712
+ 24.1
2,388,974
2,611,013
1,343,430
1,258,822
757,128,862
765,579.312
3.781.092
3,047,971
14,495,830
11,764,029
5,189,124
3,809,524
; +
4,478,575
1,000,333,351
979,142,726
+
75,426,359
...
319,590
2,509,746
15,979,118
f
7,887,084
8.075,283
12.5
4,069,093
2,950,970
17.6
2,995,105
2,746',826
2.2
803,418,901
733,235,860
224,700,000
100,094,219
71,571,044
+ 12.9
225,100,000
219.600,000
+17.2
87,329,539
84,221,839
5,4
63,809,498
46,836,018
2,286,137
1,765,018
+ 29.5
1,326,656
1,067,692
448,589,171
398,130,281
+12.7
377,565,693
351,725,549
7,363,586
+ 30.3
5,838,290
—.
—
—
+ 23.2
Missouri—St. Louis.:
253.600,000
——
Kentucky—Louisville.—
117,276,675
Tennessee—Memphis
Illinois—Qulncy..
+
639,540,438
710,023,958
384,804,290
+
6.6
357,245,963
346,103,289
515,190,802
+
9.5
505,796,104
979,142,720
+
2.2
803,418,901
398,130,281
+ 12.7
377,565,693
351,725,549
381,810,225
313,693,645
+ 21.7
291,509,709
8,055,608
Minneapolis——..——^.
9,596,733
265.441,842
5.883,978
245,106,776
218,257,457
21.6
201,999.264
169,578,35®
484,436,192
422,114,459
+14.8
347,472,236
317,502,110
St. Paul————i
84.654,188
69,215,420
+ 22.3
65,524,371
67.237,869
291,663,020
246,211,160
+18.5
217,870,227
174,360,395
+39.2
4,447,971
3,886,475
625,756,066
+ 15.7
556,385,225
543,849,333
North Dakota—Fargo~_—
South Dakota—Aberdeen...—
5,485,890
723,849.144
3,596,505
3,461,720
+
3.9
2,194.870
2,032,431
3,337,682
7,554,139
2,995,074
+ 11.4
2,226,436
1,712,375.
6,014,498
+
9.3
7,061,189
4,775,292
381,819,225
313,693,645
+21.7
291,509,709
245,106,776
707,898,223
709,088,919
■
Total (4cities).
462,480,031
:.
448,589,171
.
733,235,860
.
Ninth
4$
II
13,518,553,795
13,631,573,493
6,782,021,277
6,207,732,598
+
0.8
12,647,498,912
5,537,722,773
Total (7 cities).
Inc. or
1946
:
$
1945
Wichita
1,431,019
1,309,016
0.1
4,717,360
4,928,606
431,003,495
0.3
402,149,999
477,298.315
1,761,281
4.0
1,597,884
1,259,802
733,518
7.5
657,894
1,960.665
1,987,482
7,292,438
5,600,988
5,312,075
23,345,634
j
5.4
6,580,905
St.
4,842,728
4,301,942
21,337,822
,+. 9.4
20,420,892
21,122,374
9,642,807
+ 20.3
9,172,396
7,143,447
26,292,600
24,596,900
6,9
26,315,400
21,888,900
„
Pueblo—
+ 17.8
8.0
+„ 7.6
+
i
,
205,629
262,231
400,014
293,211'
5,290,104
80,433.974
;ii
4,249,662
75.573,814
2,370,985
+ 61.8
4,665,649
9,281,097
-T15.7
237,787,328
8,388,480
217,272,371
6,466,391
317,133,181
11,008,672
274,211,840
5.7
6,083,437
2,153.249
+.7.1
1,732,548
1,323,985
2,204,673
1,605,384
+ 37.3
1,535,854
1,357,582
422,114,459
+14.8
347,472,236
317,502,11®
+
1,280,221
+
4.1
1,235,340
1,053,396
516,923,739
511,311,473
+
1.1
481,082,482
548,278,376
1.6
63,022,630
8,797,913
5.9
2,460,457
84,170.000
——
10,419,959
484,436,192
v
+
■
Eleventh Federal Reserve District—Dallas—
Texas—Austin—
Dallas——i.
Galveston..;
138,356,000
20,331,602
+
+
4,076,036
4,730,226
—
.....
Wichita Falls.—
6,737,758
173,279,000
5.9
6,773,271
191,343,000
31,342,965
4,489,000
3,700,925
:
^
—.—
10,192,466
Total (6 cities) ——..i..——.
8,561,999
291,663,020
Louisiana—Shreveport..—
246,211,160
3,507,194-
7.7
+ 21.3
7,294,277
232,180,000
33,190,015
—v
—...
Fort Worth———————.—.
1,903,614
63,091,148
—
...
Total (10 cities)
.:
1,332,262
—.
.
.+
Joseph.'——.
Colorado—Colorado Springs
5,712,884
5.4
11,595,362
Hampshlre-+Manchester.
5.7
2,306,054
J
—
1,580,792
.
7,685,555
„«
City.
6,418,03%
11,01X317*
+ 61.3
+
678,902
2.3
788,309
•"
,
.
Missouri—Kansas
9.0,
——
Rhode Island—Providence
118,277,204
6,906,952
17,812,940
Kansas—Topeka.
4,663,679
434,765
567,617
6,356,534
108,935,764
7.485,164
Omaha..
;v
1,698,855
2,033,356
r,-.'
701,352
*600,000
—
Lincoln
1947
+
Tenth Federal Reserve District—Kansas City—
Hastings
1,831,426
—
7,638,136
■
Nebraska—Fremont
4,661.415
——Vr,
,
District—Minneapolis-
Helena.
5,343,054,558
1,851,179
—
..
Reserve
Montana—Billings—
12,954,160,496
9.3
;^,i
Federal
Minnesota—Duluth...
f«
420,905,653
cities)
3,801,068
36,897,000
3,956,825
3,331,065
■-
759,930,705
—
Total (12
4,558.492
42,509,000
+10.7
+ 14.1
+ 29.2
3.7
'
New
4,618,828
+
.
Massachusetts—Boston-
New Haven
785,890
7,094,300
4,508,595
Eighth Federal Reserve District—St. Louis—
548,278,376
,
■Connecticut-—Hartford
1,471.235
8,547,098
+ 13.7
—.
.
8.3
U.1
775,114,259
.
—
+
+
—27.0
30,563,711
....
.Peoria..—
•■■■
+
Dec. %
Worcester
462,480,031
3,811,967
Decatur..————————!-Xv—'
II
Portland
Springfield
505,796,104
'
1943
$
—
Clearings at—
■
9,5
5,067,293
12,786,302
52,824,040
.
16,971,612
—
Illinois—Bloomington...——
Chicago...
Rockford
Hint Federal Reserve District—Boston-
—
,+-
58,858,521
Terre Haute—;
and
5,582,857
50,408,000
57,539,000
...
Springfield..
1946
or
Dec. %
7,700,173,567
t
Lowell
91,749,411
515,190)802
5,825,898
District—Chicago-
Total (17 cities)—
Inc.
$
511,311,473
}
New Bedford
104,936,112
584,376,664
Iowa—Cedar Rapids———.
CLEARINGS
•:
1948
Fall River——-
4,879,270!
212,964
5.1
;
Wisconsi n—Milwaukee.———
Week Ended June 12
.
398,460
+
106,880,016
South Bend—.
detailed statement showing the figures for each
city for the
.——
+ 18.5
552.214
112, 388,984
■.
week ended June 12 for four years;
lialne—Bangor
,
„
—12.9
6,013,010
481,171
3,510,259
564,376,664
6
our
2.625,762
0.6
+
4 037.877
1,000,333,351
York City—,
now
45,167,206
166,500,000
—.
If
112 cities
Outside New
11,570,396
54,277,047
182,000,000
•W
II
Francisco. -^-10
Total
16,696,006
4.0
+ 18.4
61,820.816
163,900,000
40,60,557
410,199,878
7
—
—30.2
15,779,474
64, 302,888
«f
City... —10
Kansas
346,103,289
II
4
—
357,245,963
787,844,669
17
Minneapolis
6.6
+
881,069,420
—10
8th St. Louis—.—
54,466,801
384,804,290
194 ,000,000
Michigan—Ann Arbor...
Grand Rapids.!
————
Lansing............—..
Indiana—Fori Wayne.
;
4#
6
—
198,291,231
66,317,291
410,199,878
Total (10 cities)
«f
;7
—
180,724,799
6.9
.+
—
.+
by Federal Reserve Districts:
BANK
7,026,849,322
11
6.7
75,725,494
Mobile—
In the Kansas City Reserve District
516,923,739
.12
31 Philadelphia—..
cities
190,029,379
70,465,425
3,324,457
:
OF
$
York.——;..
New
3,216.836
73,079,455
,
1948
Federal Reserve Districts
1st Boston-.———„
+12.6
'
Louisiana—New Orleans.—.
In the Chicago Reserve District the totals
summary
SUMMARY
Week Ended June 12
3,560,294
80,600,923
2,951,024
Federal Reserve District—Atlanta—
Indianapolis
San Francisco Reserve District 15.7%.
furnish
8,266,000
95,536,487
76 ,584,534
14.8%, in the Dallas Reserve District of 18.5% and in the
we
1,527,310
2,122,551
9,328,000
+ 15.7
4,008,267
202,783,327
'
following
8.3
+-10.9
Mississippi—Vlcksburg^.
of
gain of 1.1%, and
a
improvement of 2.2%, in the St, Louis Reserve District of
In the
+
+3 ,400,000
The Cleveland Reserve District has
Minneapolis Reserve District of 21.7%.
there is an'increase of
2,706,970
10,793,000
—
.————..—,—.
Des M oines_.
an
710,023,953
Alabama—Birmingham—
managed to enlarge its totals by 3.7%, the Richmond Reserve District by 6.6% and
xecord
639,540,438
101,989,153
Macon.....
We group the
this city) the totals show
in the Boston Reserve District the totals show
in the Philadelphia Reserve District of 13.7 %.
Reserve District
3.7
Florida—Jacksonville—
previous—the week
0.8%, the, aggregate
loss of 9.3%.
this it appears that in the New York District (including
the Atlanta
+
11,968,000
Georgia—Atlanta..*
Augusta—
cities according to the Federal Reserve Districts in which they are located and from
loss of 8.7%, but
759,030,765
4,364,552
Outside of this city there was a gain of 9.3%,
clearings at this center having recorded
the bank
280,898,558
—
118,042,348
Nashville...
clearings for the whole country having amounted to $13,518,553,795 against $13,631>573,493 in the
229,498,438
Tennessee—Knoxvllle
present further below
we
+11.9
2,032,511
Columbia—Washington—
Total (6 cities)
not available at time of going to press.
statement, however, which
1.7
247,836,431
—
——
Maryland—Baltimore
Accordingly, in the above, the last day of the week in all cases has to be estimated.
In the elaborate detailed
6,271,886
—
;
—
South Carolina—Charleston
We cannot furnish them today, inasmuch as the week
Saturday figures
255,593,218
22,601,200
2.882,214
3,262,095
6,221,756
Federal Reserve District—Richmend— '
Richmond———
Complete and exact details for the week covered by the foregoing will
in
.
Virginia—Huntington
Virginia—Norfolk.
+713
803,246,300
23,576,660
277,428,996
;
Total (7 cities).
2,9
—
+28.3
+30.2
3,783,071
6,382,947
787,844,669
Youngstown
15.8
$14,799,409,311 $13,061,530,934
—
26,231,600
.
Pennsylvania—Pittsburgh.
9.4
+
$15,602,655,611 $13,745,956,810
Total all cities, five days
*
+
12,632,765,405
238,574,703
+ 41.6
,
209,811,300
Other cities, five days
132,748,906
3.9
+ 22.3
$12,166,643,906 $10,502,834,464
Baltimore—.
•
f i
5,657,040
0.2
... «
Mansfield
0.6
+20.5
+
—
4,925,739
———j
Columbus—......—.
+ 17.5
6.724.600
162,590,781
306,381,335
33,655,500
.....
Cleveland
+ 29.4
—
8,100,766
162,911,563
294,550,219
—*
Cincinnati
7.9
Philadelphia
i
Ohio—Canton..—...........
20.7
«.
——.
i
i
Fourth Federal Reserve District—Cleveland
+ 16.4
+
594,443,405
Chicago
J
$6,972,354,081;
8,118,687,927
——~
%
1947
1948
Week Ended June 19
i
9.2
24,970,975
3,181,000
,+27.8
2,647,549
19.1
7,053,945
+18.5
217,870,227
174,360,395
93.494,359
102,318,000
—
+
3,404,000
2.364,135
...
6,397,464
Second Federal Reserve
District—New York—
Twelfth Federal Reserve District—San Francisco-
New York—Albany,
65,270,846
Binghamton.—
'
Buffalo—.
Nlmira
■
.
.
■
,
66,335,688
2,885,060
2,723,615
75)370,066
77.938,457
•
■
.
1,429,137
1,535,817
1,848,288
2,119,733
6,736,532,518
7,423,840,895
Jamestown-,..-,
New York——......
Rochester
19,970,828
19,157,660
9,819,208
11,827,530
—
Connecticut—Stamford.
New Jersey—Montclalr—.
15,584,916
■<**'
733,183
'
Newark.!
+
—
3.3,
*
.
Syracuse
—
—
Northern New Jersey.
Thtal (12 cities).
44,082,144!
10,222,135
6.9
1,321,991
—12.8
1,527,943
—
9.3
7,109,776,139
7,611,105,938
+
4.2
18,497,243
17,979,240
—17.0
10,648,215
9,643,093
—
+
53.5.
9,780,841
567,308
+ 29.2
711,512
39,157,559
+ 12.6
34,959,362
53,323,128
44,747,164
7,026,849,322
7,700,173,567
+ 19.2
45,916,230
8.7
7,301,713,711
—
«1,464,753
'
1,347,770
Washington—Seattle.———
115,908,530
93,360,608
+ 21,5
3,547,720
3,495,831
2,740,857
143,456,618
3,995,349
103,436,629
—11.2
Oregon—Portland
—
Utah—Salt Lake City.
——.
California—Long Beach——.—-
+ 38.7
86,196,688
44,277,939
9,129,048
+ 10.5
39,572,494
8,431,198
7,535,080
+ 11.9
7,185,770
368,172,549
+
8.4
298,626,062
82,035,710
32,194,974
8,739,207
5,956,017
294,915,000
+
i
Pasadena
——
48,913,839
11,051,527
,
+ 21.1
7,737,273
11,033,914
6.2
8,707,008
4,225,765
3,717,068
+13.7
3,878,844
—
9,107,484
8,133,539
+ 12.0
7,490,896
723,849,144
625,756,066
+15.7
556,385,225
'.543,849,333
13,518,553.795
13,631,573,493
6,207,732,598
0.8
12,647,498.912
12,954,160,496
9.3
5,537,722,773
5,343,054,553
i—.■
Santa Barbara
Stockton
339,778,895
10,391,911
—
San Francisco—
—_——...
4
.7,132,434
2,594,304
5,221,930
8,543,507.
,
■.450,870
30,753,883
36,245,319
7,812,405;9O(+
Total (10 cites)—
r.
Grand Total (112 cities)
Outside New York.:
'Estimated.
—
6,782,021,277
Volume 167^
Number 4709
THE
COMMERCIAL
Union
Van
The condition statement of weekly reporting member
the Federal Reserve System in leading cities
1st
<
following principal changes for the week end¬
ed June 9: Increases of $449,000,000 in holdings of-United
States Government securities of which $382,000,000 was
in Treasury bills, and $350,000,000 in demand deposits
adjusted.
Commercial, industrial, and agricultural loans in¬
creased $17,000,000 in the San Francisco District, $12,000,000 in New York City, $10,000,000 in the Cleveland
District, and $39,000,000 at all reporting member banks.
Loans to brokers and dealers for purchasing or carrying
ENTIRE
I
•
Loans
and
/..'v:-;
,
June 9,
.
Investments—total
63,426
Loans—total
loans
''-Loans
.
;
•
to
brokers
*
14,152
for
'+ *
Other securities
'
Other
loans
Inc.,
1949—
2'A 7*
due
2024
serial
$Vol.
issue.
HVol.
165.
-July
T/b
*
30
Ju.i
Then
Real
estate
y Loans
Investment
News Department"
2472
second
a
_______
Other loans
Treasury
bills
Abeideen
7
week
16
V/2C
7-
1
1
preferred
Securities
A.-___———-
$3
6-25
17
Corp.,
(quar.)
...7
—
6-30
16
Co.
bonds
8.
382
iquar.)
—
-
'
V
Fuel
Corp.
40c
(quar.)
Iron
(quar.)
&
4,915
36
American
2,400
7 65
25,984
34
Other
____
securities
4.195
Reserve with Federal Reserve
Bemberg,
805
domestic
with
Liabilities—
banks____.
,
+
2,334
+
46,996
+
350
Time
14.840
+
9-10
1,378
+
49
1
8,740
+
168
1,319
y 112
+
1
—
—
Borrowings
Debits
to
__________
demand
interbank
!', during
and
deposit accounts,
week
Govt,
S.
U.
7-
1
$2,257'.
(quar.)
1
those
called
Co.—
Works—
I1;"
7;
-
Detroit
7
15c
7-15
7-15
Piano,
A___50c
class
6-25
6-10
Spring
of
————
'7
Yarn
Inc. (quar.)
Processing, com. (quar.)
&
50c
6-25
6-30
15c
preferred
2^
(quar.)
Yorktown
PARTIAL
Chilean
Nitrate
&
Iodine Sales
Class
sterling
4'A
.
due
'''.V;..-';.-.'
July
1960
1st mtge. bonds, due
Son,
Ltd.,
*
2581
July 16
:
2473
1996__July
1
1
„
1975
scrip
Manufacturing
stock
<i
*
dividend
Tide Water Associated Oil Co.,
shares
of
6-19
6-30
6-21
_
and
totaling
less
than
the
shares,
20
1
1
34c
Portland
class
Life,
July
1
2300
B
(quar.)
—u
Co., common (quar.)j
(quar.)—.
———-
Assurance
Co.
Globe
47*
______
Pacific
non-cum.
Ry.
•.
preferred
7.
-
7-31
7-24
6-26
J$5
7- 2
(quar.)
Aguirre Sugar Co. (quar.)
Power, 4%pfd. <quar.)__
York Power, 3.4076 pfd. (quar.)
Central Ohio Steel Products (quar.)
Kansas
New
6-24
7- 1
6-21
$1.25
10c
$25c
(quar.)___
40c
(s-a)
7-31
:
7-15
25c
40c
$1.19
85c
50c
6-26
6-10
6-30
6-30
8-10
6-25
7-15
7-15
1
7- 9
9-
6-38
6-16
9-
7-6
1
8-11
7-
1
6-15
75c
7-
1
6-15
7-
1
6-15
8-16
35c
'
__
8-2
7-
6-21
1
30c
6-30
6-21
25c
' 7- 8
6-23
'
(quar.)
7- 1
56'Ac
>>A.
:
.
(quar.)_____
$1.50
6-14
'bv ' «"•
6^15
•
7- I s
$4
7-15
6-38
$2.50
6-30
6-18
31'Ac
6-39
6-24
25c
8- 2
6-25
$1
7-1
common-..
5"A
pfd.
iquar.)...
common...
(quar.)
;
(quar.)_____
50c
6-25
6-25
50c
87'Ac
8-16
7-26
8-
2
7-18
6c
7-20
6-38
50c
8-16
20c
7-
1
6-38
75c
7-1
6-18
50c
7-26
7-10
$1.12%
(Boston).
(s-a)_________
(quar.)
common
_______—
<quar,)_____—
Tubes
7-
1
(increased)
7-31
7-26
7-18
25c
6-25
6-15
$15c
7-2
6-28
6-38
Co..,
12'Ac
7-15
56'Ac
8-15
8-2
35c
6-30
6-18
$1.12'A
6-30
6-18
(quar.)
Steamship,
new
preferred (initial
(H.
L.)
Co., Inc.
com.
(initial).
quar.)____;
(quar.)
50c
B
6-21
6-21
5c
7-1
6-21
20c
7- 1
6-25*
10c
7-1
6-25*
$$1.50
7-15
$$3
Co.
North
of
America
7-15
'
(Montreal)
—(*'
Lumber
Insurance
Co.
Home
Telephone
&
6-30
7-17
6-10
$1
6-28
6-30
6-21
6-18
6-30
6-18
50c
7-15
7- 1
lc
10c
25c
65c
"
6-21
7-17
15c
,
6-30
50c
,
Co.____.u______;_.:_-
.(quar.)
7-25
6-25
9- 1
:
6-38
6-15
8-23
(N.
Y.)
(increased s-a)
8-2
7-1
6-30
7- 2
6-26
6-19
6-38
6-38
6-19
6-19
6-19
6-15
6-15
8-2
8-16
7-20
8- 2
T2legraph (Fort Wayne)
$1.75
7- 1
50c
933Ac
Houston Oil Field Material, common (quar.)
12'Ac
5',r preferred (quar.)_;
$1.25
5'A'A preferred (quar.)
—_____——.
$1.37%
Hunts, Ltd., class A (reduced)$10c
Class B (reduced)—
$10c
Hussmann Refrigerator, common (quar.)—...
25c
$2.25 preferred (quar.)—
—
56'Ac
7-15
7-15
6-30
6-30
6-30
7- 2
7%
'
preferred (s-a)—
33A"A"
Finance
Corp.,
—______
common
(quar.)_
(quar.)___;
pi'eferred
—
""
.
—
„
L
6-30
25c
—
(Henry) $1 class A (quar.)
Household
6-38
•
$1
Development
Oil Company
Home
^
7-15
7- 1
7- l
(quar.)
(Edward)
Holt
8- 2
25c
31'Ac
Extra
Holly
6-28
7-10
6-21
7- 9
7- 9
7-15
20c
(quar.)
Hines
7-1
7-31
7-31
1
7-20
7- 1
Hershey Creamery Co., common (quar.)__'_„
50c
l'/o preferred (s-a__________$3.50
6-30
6-25
6-19
40c
Trust
Holly
■■727:':''
6-30
6- 8
7-
$1.12%
Hamilton Mfg. Co. Aquar.
(Pa.)_
Harrisburg Railway,(s-a)
'v Haytian Corp of America_______
-
7-15
8- 1
7- 1
6-24
6-15
$1
__________
s
6-15
6-15
* -7'
8-2
7-1
4'A% pfd. <quar.)_
(quar.)
Common-(quar.)
>
6-24
1
$1
;Harrisburg Hotel Co.
6-29
$20c
6-35
7-
$1.25
Quarterly
6-30
$183Ac
6-25
7-15
$1
.;——_
preferred
40c
Co.
preferred
Class
7-10
"
1
50c
Gas Co., common
(quar.)__
participating preferred (quar.)
Participating
Grief Bros. Cooperage Corp., class A iquar.)
,
6-26
7-
40c
(quar.)
$1.25
•
-
__
Mills
6-21
1
Greenwich
7-31
Refractories, 4'A7<> pfd. (quar.)__ $$1.12'A
Vickers, Ltd., $7 pfd. (accum.)
$$1.75
Co.
(quar.)
—
15c
Carter
(J.
W.)
Co
2
10c
Celotex Corp., common (increased quar.)—_
50c
57*
preferred (quar.)
25c
Central
:
7-31
8-14
8-14
Shoe
Flour
1
7-
(quar.)..
A
.
Corp.
preferred
Lakes
New
7- 6
25c
'
2%
Canadian
Shoe,
Guarantee
■'
-
(s-a)
6-21
7-
______________
62'Ac
' $1.80
15c
15c
7-1
7- 1
1772c
&
$2.25
'
7- 6
7-15
*:
•
25c
—
1
preferred
Corp.,
Metals
Steel
Great
7
7- 6
7- 6
6-25
*
7-20.
1
77','",: ;;,V7 •!'.-7v ;:"2.:7v
(Toronto)—
—___
7-24
(quar.)
Toy, Ltd. (quar.)__________
Grayson-Robinson Stores, common.
*
Canadian
Centennial
2583
$3.75 pfd. stock
—
Cement
Manufacturing
Common
Central
1
(quar.).
30c
$1.50
(quar.)__
Light,
Brothers,
Grand
per
-
preferred
7-15
7- 7
'
Jersey
Inc.^—
Investment
$4.50
;
777'777.7';7'77-''777
"
6-1T
*7-.l
25c
37'Ac
(increased)
preferred
preferred
preferred
Gimbel
Green
7
Cable
1st
Art
6-15
-
Gas
convertible 2nd preferred
General
A
A,
com-
6-38
6-3O
6-30
Co._._
convertible
1
25c
!
iquar.).—,
Co.—
Gibson
6-15
7-
6-25
Co...—12 'Ac
Electric
General
6-28
7-
12'Ac
28'Ac
-
alass
common
participating class A
6-30
$1.12'A
7-15
'
Insurance
$5
(s-a)
Builders Supply,
General
6-21
6-24
50c
—
———_
—
cu¬
July
the
common
inon stock.
One share of class B stock'
of Hat Corp.
of America for each 20
shares held.
On the combined holdings
Cannon
2382
—
—
on
Co.,
6-21
7-30
( General Foods Corp., common (quar.)_
$3.50 preferred iquar.)_____
6-15
Central
for fractional
stock..
certificates
preferred
4%
4%
6-15
Canadian
>
Standard Oil Co. of Kansas—
mulative
1
7-20
1
Increased
T
2473
Stock
1
7-
1
Canadian Converters, Ltd., class A (quar.)i
-.Canadian General Investments, Ltd.—
i:
2580
1
1
due
7-
$1.05
40c
Co. (N. Y.)
(s-a)
;
$2.50
Co., common (quar.)
* 15c
(quar.).—$1.25
Quarterly
Southern Pacific Co., San Francisco Terminal—
series A,
'
7-
Canada
*
Seaboard
bonds,
7
6-15
7-
Trust
Durrell
preferx-ed
2471
3% ','c
iquar.)
6-28
7-21
8-14
7-15
preferred
General
6-21
10c
Co.———^—2^.—
5'/»
6-30
6-30
«
6-25
1
'
General
6-30
7-15
7-15
25c
Extra
2364
2364
mortgage
JlOc
J25c
>:——
—
Inc.
7
$17'Ac
common
Company,
B
Gardner
share
2472
1st
6-24
(quar.)_
common
Class
6-24
1
,'7;7. the
2468
1
A, due
1
7-
E.)
9-
7-
30c
'
9-
9-15
,
New
iquar.)
convertible
Gannett
6-24
7-
■
6-15
,*•
2579
1
4s, ser.
6-30
:
■
(R.
4'A'A
6-24
6-22
the
2060
1
1st mtge.
7-29
1
Camp
1955—July
RR.,
2
6-30
8-
7-
2466 7; California
& Illinois RR., 1st mtge. 4'/2S, due 1955
July
Philadelphia Co., 4 'A '* collat. trust bonds, due 1961__July
Pittston Co., 20-year hV2f/c income debentures, due l964_July
Pittston Co., collateral trust 4'* bonds, due 1961^
July
Paducah
Air Line
$3.50
$1
50c
6-30*
6-25
'
1
Fuller
Fuller
I
60c
(quar.)
Light,
Kleiser
6-
2
20c
County Coal, 1% pfd. (accum.)
(George A.) Co. (irreg.)_—
Manufacturing Co.__.__
Funsten
7-15
7-26
7-26
,
Rubber
Insulation
&
6-24
8-
$2
;___
common
of
Fire
&
1
8-16
—
Franklin
6-18
1
in
cash
will be paid,
in lieu of
stock dividend..*—
—2—■V'7--—''.-:7,',7-30 v
$3 non-cum, participating preferred (s-a)
$1.50
7-30
$5 participating class A (s-a)
———;
$2.50
7-30
7
$7 non-cum. participating preferred (s-a)
$3.50
; 7-30
California Packing Corp., common (quar.)_
62'Ac
8-14
■:■£/
8
Foster
6-19
7-
Formica
6-30
A
.
S'A/A preferred stock, series A___
Sep
Jtfonongahela Ry., 1st mortgage 3'As, series B, due 1966.Aug
National Vulcanized Fibre Co., 4,A7>
debs., due I960.July
RR.,
6-19
6-30
Co.
Dairies,
6-24
6-15
(quar.)...—
preferred
1
7-
15c
...
Alloys
Company
Power
67*■
6-19
7-15
Brown
'
v
Florida
7-
25c
&
Co.,
7-15
7-15
,
20c
(quar.)
and the $2 par
Corp.,
&
6-16
7-26
7-26
10c
Consolidated
Tix*e
6-30
$1.12%
(quar.)
Brothers
Foremost
6-11
57
(
6-15
,
6-15
1
6-24
2465
—July 1
——Jun ; 1
Kansas Power & Light Co., 1st mtge. 3'/2S, due 1969..July
1
Kline Brothers Co., 5% s. f. notes due 1954—j.___—_—July 13
Northern
2
7-
Bowling Green Fund (quar.)
.77;'
10c
Bridgeport Hydraulic (quar.).———740c
Brink's, Inc. (quar.) ————2———
$1.25
2359
1st:mortgage 3'A^* bonds, due 1961
Inversiones Latinas, S. A., capital stock
New London
7-
20c
2464
7>'y;
1
(liquidating).
preferred
par)
Insurance
Firestone
6-23
6-30
(Fred)
Fisher
6-22
1
12'Ac
Birmingham Electric, $4.20 preferred
1 Pa*®
1
f
'
1
7-
75c
.
8
7-
(no
Fidelity-Phoenix
6-25
56'Ac
4'A%
preferred
(quar.)
Butler's, Inc., common (quar.)
4'A7*.: preferred
(quar.)—
2
Byrndum Corp.—
"
I
Eastern Gas & Fuel Associates—?77,77777■>*.•:1st mortgage,& collat. trust 3J/2S, due 1965———July
1
Eastern New York Power Corp.—
7 '
7
Merritt-Chapman & Scott Corp.—
7-
^4:22— 2;':2 30c
Butler
.
6-21
7-
50c
(quar.).-
$1.50
preferred
Fear
7-15
7-23
25c
Corp,, common (increased)_
__2i-2——,
' AY'/;
2584
y
6-24
1 !
!
Refractories
Federal
7-15
8-
7-26
5c*
$10c
(quar.)..
Boston Herald-Traveler Corp. (reduced quar.)
Boston Personal Property Trust
(quar.)—2
Corp.—:
Co.^7' V'7
debentures,
Machine
*'
preferred .stock——______________—Aug
convertible
Y.).
2569
income
Continental-Diamond Fibre
(N.
iquar.)
Bird
A;-:'.
.
$5
Hats,
A
&
57*
debentures—
—Jun 30
2464
Connecticut Power Co.—-'■■■ •
:,* A: A'. •yYYAAy/A.:AAA.A; AAAyiy. A':
1st and general mortgage 3Y*s, series B, due 1967—July
1 '
2576
Consolidated Edison Co. of New York, Inc.—
57*
9-
10c
Co.,
preferred
4'/c
ii
6-16
Securities
Bird
Page
REDEMPTION
6-18
1
7-
$1.50
Co.
Endicott-Johnson
6-16
Brooklyn
Company and Issue—yt AAAy'j
AAA••YyAY
Date
Bridgeport Brass Co., 5Vile preferred stock
—Jun 30
Chicago & Western Indiana RR.—
1st and ref. mortgage 4'A %
bonds, ser. D, due 1962_Sep
1
1
7-
75c
50c
Embassy Realty Associates
Empire Brass Mfg., Ltd., class
6-16
77-
$1.25
participating
Extra'
.
?—Jun 30 7 2584
25-year bonds, due 1951
7-
37'Ac
Stores......
Elizabethtown
6-16
7-
City
of
$1
6-16
7-
$1
—_
1
7-
class B
(quar.).____15c
.———is.————
,-v
'10c
convertible
Barker Brothers
NOTICE OF TENDER
30
$1.12%
(quar.*
Coast
Electro
6-19
10c
Extra
-
Bank
.
called for redemption,
under sinking fund provisions.
July 15
6-18
Tunnel..
Company
Oil
Common
6-10
12'Ac
Holly,
Corp,
preferred (accum.)!
/.
Barcalo Manufacturing, S4 preferred iquar.)
stocks
1950.Jun
1
(Kansas)—.
Edison
e
6-30
7-
I:
Electric (quar.)—
Pennsylvania RR. (s-a).
■.Eastern Racing Association—
6-30
(quar.)
4'A 7*
preferred
(quar.)
Eickford's,
Inc." ^.2__—2'_^.
^Western Union Telegraph Co.—
4%.A funding and real estate mtge. bonds, due
7-
7-15
East
6-30
27'/2C
(quar.)
Sewerage (quar.)
>
20c
Thrift Plan,
7 7* preferred (quar.).—
17'Ac
Automatic Voting
Machine
25c
Axelson Manufacturing Co, (quar.)—— 7
20c,,
Bank of Virginia : (quar.) ^—————w-—2 ;
25c
:
'rr
7-20
25c
(quar.)...
(quar.)
Stockyards
Home
East
'
B
Atlantic
"36
v
25c
1
30c
Dome
Atlas
Date
: •
6-14
$1.12'A
prefeired (quar.)..
Co., com. (quar.)_
Creamery Realty
Eason
(accum.)
Securities
Machine
&
preferred
Common
.
19,336
Company and Issue—Atlantic Coast Line Co. of Conn.—
y VA-.y-yy,
Class A
5Ye certificates of indebtedness..
6-14
6-30
5c
6-22
44
ing tenders, and the page number gives the location in
jvhich the details were given in the "Chronicle." A 7. .1
7 5 fa
stock
&
Dixie
Corp.—
preferred
Extra
:
;
6-30
(quar.)_
6-30
American
The date indicates the redemption or last date for mak¬
'.:v7-V,7
6-25
$1.50
(quar.)
40c
:
(s-a)__
Securities
European
Biltmore
including
6-17
6-30
(quar.)__-_
Duiion
list of corporate bonds, notes,
a
common
6-17
6-30
25c
preferred
Manufacturing
2
•
50c
Detroit
7-20
•
,
6-30
(quar,).:
preferred
Packing, 4'A7*
Canada
7-
9-18
30c
(quar.)
Co.
'
:
,,
6-15
9-30
'
15c
6-25
American
;
Notices
and
*
1
7-15
$2
....
Union
6-21
7-
$1.50
(A.) Co., class A
Oil
6-21
6-30
30c
common
Detroit
6-24
8-2
7-
$1
,
Denver
Derby
--
6-23
6-23
1
30c
Drug Stores
Candy Co., $4.50 preferred (quar.)__
Mills, common (quar.).,
debenture
1
5
7-
25c
(quar.)..
convertible
78-
$1
________
6-30
$1.10
Redemption Galls and Sinking Fund
Below will be found
-
10c
67*
preferred
Corp.—•
Electric
Co.
participating
; Bankers
;!}
(irreg.)-
6-18
Common
accounts,
—
Works
6-28'*
American
except
.
Loom
River
$8
6-24
(s-a).
Co.
American Iron
200
22
25c
40c
Co.—
Co.,
preferred
6'A
6-24
,
banks
banks
(quar.)
6-28
:30c
9
Domestic
Knowles
Telephone
Dennison
6-22
7-
446
Interbank demand deposits:
6-30
5':*
(quar.)
Deerfield
8-14
7-
*
;»
217
.
6-25
7-15
Corp
Dayton Malleable Iron
Dayton Rubber Co., common
6-21
1
40c
(quar,)___^^__
American Zinc Lead & Smelting, common..
$5 prior preferred (quar.)—
2' Anchor Steel & Conveyor (initial)
—
863
Anglo-Huronian, Ltd. (s-a)
Arundel
Corp,
(quar.)
;———
13
6-30
7- 9
$1
(final).,
7-
21
.
6-21
7-15
(s-a)_._
American
122
65
Demand
Foreign
Y.)
$1
981
41
i
6-21
7-15
40c
(N.
Dredging
4,660
;
7-15
15c
(quar.)
(quar.)
Co.
Davidson-Boutell, 6%
6
7-
$1.50
.
47*
U. S. Government deposits____^_______^__
$$1.50
$$3.50
pfd.
4'A'/* preferred (quar.)^___._____._____„_
Stores, 67* preferred (quar.)
Davenport Hosiery Mills.
2
;
6-11
7-31
6-21
1
of
Co.
Mines, Ltd. (reduced)
Dominguez Oil Fields..............
Class
y '.'r ;
deposits adjusteddeposits, except Govt.
Smelting
American Car & Foundry—,7
7. 77
77*
non-cum.
preferred
(quar.)..—____27 :( $1.75
(
American
26
Cash in vault
Balances
&
(quar.)—...
Tissue Co. (quar.)..;
De Pinna
8-16
7-
$1.50
Darling
6-25
7-1
25c
Book
7-
7-20
.
25c
Co.
preferred
1
common.———25c
Bakeries
American
7 262
2
12,610
Banks______
L
(3-a)_:
Insurance
A
7-2
6-15
Corp.—
___—
Forster Securities
class
6-21
2
6-30
$1
B
$2
8-
—
Reynolds Corp., $1 pfd. A
A
Dan
6-15
7-7
25c
class' b
223
_______
&
Curtiss
6-15
7-
20c
....
Albert Super Markets, 6'/* preferred (quar.)
; Alpha
Portland Cement.-——
—^
1,549
_____
(quar.)_
1
7-1
$1
Tool
Royalties. 6%
&
Class
6-15
1
7-
6c
Mfg.
Alabama
6-25
7
37 Vic
Fund;
Ainsworth
619
2,368
6-23
'
35c
preferred
(quar.)
Blackwall
Class
6-18
12V2C
(quar.)
Insurance
Affiliated
:
common '
preferred
Aetna
93
3,620
____________
tJ.
4 %
Mining
Ltd.
Crystal
6-10
5c
-
6-26
7-
(quar.)
Hampshire)
Wheat
:Crum
6-25
(s-ai
7-10
70c
Co.
particpating 1st preferred (quar.)
Crum & Forster, common (quar.)..:
8'A preferred (quar.).ir.i_u__i—
6-25
7-
:
6-28
$1
6-28
(quar.)
9
,
Aerovox
841
202
__
&
of
Crosse &
Holder•
—IV2C
Petroleum
Aeronautical
17
_______
Treasury certificates of indebtedness
Treasury notes
Trust
&
_____
Crompton
Payable of Rec.
7-19
6-8
7-
(accum.)
Cream
6',*
12'/2c
1
Electric________
Bank
Machine
Courtaulds
table in
When
Share
*
6-15
7-
9c
preferred
Extra
are:
Per
Participating
.Aeolian Co., 6 7*
247
________
_________
Ohio
Loan,
Canada, Ltd.
in the week when
.
Name of Company
P. W. Products Co
A.
this
6-21
1
25c
Cunningham
7
,
27
1
____
;
1st
Cuban
announced
1
7-
50c
(New
Consolidated
166.
y--;
dividends
American
3,771
loans—
to banks.
Gas
Corroon
follow with
we
6-28
7-
$1.25
(quai*.)
7-1
12'Ac
62'Ac
(quar.)
Edison
preferred
$6
show the dividends
we
The
255
9
$1.37%
(quar.)
(quar.)
class A (quar.)_
(Boston)
National
Continental
,
502
6-35
Yards
(Cinn.),
Southern
Consolidated
*
1
§Vol.
164.
Concord
are
declared. '
,
v
278
:
6-21
7-15
Y.)
Commonwealth
$2004
-Aug 12
6 'A
Electric & Gas
2470
grouped in two separate tables. In the
bring together all the dividends announced the
we
and
•
_____
6-15
1
lie
preferred
Stock
Inc.
Commonwealth
"
Other securities i-:
6-15
'
7-
(quar.)_
Commodity Corp.
1,'49 1591
Jun
bonds
&
Commercial
*
—Any time
bonds, due 1949
Co., $5 preferred stock
1st mtge.
this
due
Mills,
Columbus
IN.
bonds,
mtge.
1st
Loan Co.
Colonial
2258
1
Bottling
Collateral
previously announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
2,389
120
6-15
6-30
50c
:
American
534
purchasing or carrying:
U. S. Government obligations
debenture
6'*
Ry.,
Announcement in
which
:•
__
for
—July
Union
Coca-Cola
Ltd.—
due
bonds,
4%
current week.
456
139
Co.,
Electric
Dairies,
first
pur-
505
6-30
Inc.____:—
Cleveland
DIVIDENDS
'
.V
Power
4V2 Jo
chasing or carrying:
U. S. Government obligations—____
series A,
5s,
Dividends
,
+
(quar.).;
Consolidated Textile Co.
3,484
39
Paper Co.,
Fund,
Consolidated
:
—
dealers
and
43
+
agricultural
and
&
money
Public Service
1947
490
23,564
Commercial, Industrial,
-
!<
-A
'»•.
Strauss-Duparquet, Inc.,
Ottawa
Penn
June 11,
•
Power
mortgage
Ohio
(In millions of dollars)
r
John
Purchase
Dec. (—) since
June 2,
Co.
Transit
6-30
37'Ac
37'Ac
(accum.)_
City Investing, 5'A 7*
6 7*
-Hr\,;> 1948,1948
r;
Assets—-t
C
Page
•
•/;'
*
■
preferred
HoUUm
Payable of Rec,
43%c
(accum.)
preferred B (accum.):
6,',*
§2410
112142
2028
2467
CALLED
1956
.July 15
67* conv. pfd. stock—July 10
New York Gas & Electric Light, Heat & Power Co.—
..
increases being $166,000,000 in New York
.
6V*
Date
1st
deposifs adjusted increased in all districts,
v,
pfd. A
,
2474
1
*
Nathan
.A summary of the assets and liabilities of reporting
:
ISSUE
1st mortgage 5'As, series A
Monmouth Consolidated Water Co.—
City, $65,000,000 in the San Francisco District, $39,000,000 in the Boston District, and $35,000,000 in the Phila¬
delphia District.
United States Government deposits in¬
creased $49,000,000.
Demand deposits credited to do¬
mestic banks increased $35,000,000 in the Chicago Dis¬
trict, $34,000,000 in the San Francisco District and $168,000,000 at all reporting member banks.
,,
1
July
.
When
Share
7%
I
'
■
1971—
Chemical
Lake St.
$36,000,000.
Holdings of Treasury
notes increased $41,000,000 in, the Chicago District and
$65,000,000 at all reporting member banks.
Holdings of
.United States Government bonds decreased $34,000,000.
Inc. ( + ) or
Corp.—
due
Company and Issue—
was
,
Service
3'As,
Per
..
Name of Company
'Central States Electric,
Appalachian Power Co., 67* debentures, ser. A, due 2024_July 1
Electric
Power Co.,
1st mtge. 5s, due 1951__Any time
Eastern Steamship Lines, Inc., $2 conv. preferred stock.July
1
Hawley Pulp & Paper Co., $6 2nd preferred stock—
_Juxy 1
the net increase at all reporting
member banks follows:
.,
^Aug
1
1962—July 15
1967
debentures, due
Butte
States Government securities decreased $139,000,000, and loans to brokers and dealers for purchasing
carrying other securities increased $120,000,000, both
largely in New York City.
Holdings of Treasury bills increased in most of the
districts, the principal increases being $278,000,000 in
New-York City and $44,000,000 in the San Francisco Dis¬
trict.
Holdings of Treasury certificates of indebtedness
decreased $52,000,000 in New York City and increased in
•
Public
mortgage
.
or
Demand
Page
Date
1st mortgage 33/4S, due
15-year 3%
47
*
United
the principal
Co.,
Co.,
Charleston
shows the
banks
(2727)
«
Terminal
Norman
Wisconsin
banks of
member
CHRONICLE
FINANCIAL
Company and Issue—
Condition Statement of Member Banks
all the other districts;
&
Hydro-Electric Securities Corp.—•
5'A preferred B (s-a)
,.\
$25c
8- 2
50c
62'Ac
8- 2
8-2
'
Illinois
5'A
Power
Co.,
convertible
common
preferred
(quar.)
(quar.)—
7-13
7-1
/
Imperialle Fuels, 6% partic. preferred
Income Foundation Fund iquar.)__
Extra
,
r*
2
6-28
Philadelphia
6-21
6-10
Philadelphia National
VuC
—
7-
VUc
6-21
6-10
7-
preferred B
4%%
,
7%
Non-voting
6-21
7-31
6-30
1
37 VaC
7-
1
6-21
Providence
160 c
8-16
7-15
t$l
7-15
6-30
7-15
0-30
6-30
6-15
6-30
6-15
Regal Shoe Co.
2
6-18
Reliable Fire
7-
$1.50
;
2
$1.75
7-
2
(quar.)
8-
1
7-
1
6-21
Rothmoor
6-30
6-10
Class
1
6-18
50c
H.)
(S.
(quar.)——
Co..
&
7-
7-31
7- 7
7-
2
6-21
7-
1
0-25
1
6-21
37'/2C
Loft
Candy
1
8-10
Sharon
6-30
Shawmut
Louisiana
Smyth
Corp.
Manufacturing
9-
1
8-2
Sonoco
Products
7-
1
6-18
Southern
7-
1
6-19
6%
6%
6-25
6'/o
7-
1
6-23
;
2
7-16
ly
6-11
7-15
6-30®
7-15
6-30®
Max
&
Factor
Co.,
A——:—-—•-
class
Standard
Screw
Merchants Ice & Cold Storage—
$1.50
Mississippi
Missouri
&
Light,
8-
7-20
6-30.
7-19
6-25
(
I
7" 1
,
6-18
6-19
(s-a)-——-
17 %C
7-
2
1
(quar.)..
97'/2C
7-
1
6-15
pfd.
$3.90
7-
6-18
(quar.)-
20C
Hosiery Co., Inc. (special)——
(Phillip) see Phillip Morris & Co., Ltd.
Motor Finance, $5 preferred (quar.)._—
Mountain States Telephone & Telegraph-
Mojud
7-
1
6-15
7-
1
6-15
20C
—-—-
7-
8
7-1
6-29
6-17
Morris
Increased
National
■"
Share
&
'
—
:t777f77
Increased
Fuel
Manufactures
Extra
Tank
New Brunswick
New
Orleans
4%%
6-30
6-15
6-25
6-15
20c
7-
6-23®
25C
7-31
7-15
Tooke
25c
6-30
6-18
Torrington
(quar.)
(quar,)
$2
American
U3C
—
Car
Corp.,
Central
Northern
States
$3.60
preferred
Northern
Class
B
7- 1
6-15
9-10
8-27
(s-a)
7-
1
1
7-15
convertible
preferred
&
Gas
Electric,
7-15
6-21
American Cigarette
1
6-21
6-15
40c
7-
1
7-15'
6-15
7-
7
8-
2
7-
7
$2.50
7-
6
6-30
.'7-15
7-20
American
50c
6-30
6-21
t$i
7-15
6-25
<iV: t$l
7-15
6-25
$$1
7-15
6-25
$75c
y 7 7c
6-10
American
$1.50
7-. i'i
6-15
American
Home
$1.50
8r 2
7-10
American
Insulator
$1.75
8-
2
7-10
American
International
6-25
6-18
American
7-
1
1
Asbestos
Bond
& Share,
Drill
&
Class
6-21
B
Tool,
National
4%.
Stockyards
convertible
70c
6-21
1
6-21
U.
S.
Finishing Co,
6-30
U.
S.
Guarantee
7-15
6-30
U.
S.
Radiator
-
-
7-20
6-30
Dominion
Va.) '
Old
Fire
Insurance
(JRoanoke,
Olin
American
77,7-
1
6-15
3
*
yy
7-1
•
-
4%
preferred A
(quar.>__■
——
$6
6%
preferred
Oxford
Pabst
Pacific
Paper
7-15
6-30
American Optical
t'7y
30C
7- 2
7-31
25c
•
4
&
6-15
9-10
2
U.
50C
y
v'7
•
'"
20c
8-20
Universal
74 1
6-30
6-18
Virginia Iron Coal & Coke—
4 7oconvertible preferred
Pacific
Packer
&
—
Machinery
'
Pebble
,
Penman's
6%
Ltd.,
preferred
6-16
Warehouse
7-15
7-
Warren
„•
i
1
75c
6-30
6-25
50c
7-
i
9-
1
8-20
7-15
7-0
15c
7-16
(increased)—
4
common
5c
—
175c
(quar.)—
(quar.)
J$1.50
.
7o
6-
:
7-
9
6-28
5%
6-18
4
9-8
9-30
8-
6-28
2
8-16
7-15
8-
7-
2
2
Will
Wilcox
—
Pennsylvania Salt Mfg.—
3V-2 % preferred A (quar.)
permanente
Metals
Wolf
40C
7-
I
6-17
Young
87 ViC
„—
:
7-31
7-15
-26c
8-31
8-13
&
Yellow
Light &
7'j'c
class
B
Young
1
6-23,
7-
9
6-25
■
1
6-
6-21
6-30
7-
6-?l
6-15
1
7-
-
4
6-21
6-21
1
6-14*
0-30
.
6-"2
6-29
20C.
6-J4
31 %c
35c
,
$1.75
(quar.)
——ii~
77-
■
6-15
1
\'r4
;y
7-31
(resumed)
Co
*r
i *"
-
v'
7-15
6-30
7-30
6-30
w
25C! m
•
*
6-30
10c
12-15
••v
6-15
6-22
7- 2
$3
6-10
6-18*
7- 1
>4-
50c
t
————
6-30
7-15
25c
-
—
(quar.)..—.—;
12-
500
.7-
1
7--2
7-15
25c
—...
1
6-15
9-15
79-.6
$1.75
12-15
12-6
$1.25
ry7* 1
6-' 8
$1.50
7-
$1.75
•
1
6-
8
6-Jt
(quar.).——.
20c
(participating)
Building Co.
non-cum*.
Snuff
com.—
—
——
1
6-11
7-
1
6-1
6-25
6-11
$7 ;
V
6-25
6-U
1
6-3
$1.50 y
7-1
■6-. 3
15c
6-30
6-18
30C
7- 1
,6-i5
(Indianapolis)—
Insurance
35c
7-
1
7-
2
$1.25
7-
I
6-4
$2.25
7-15
,6-15
$1.75
(quar.)
Surety Co. (s-a)__.————
Telephone & Telegraph (quar.) —
American
Thermos
Bottle
7-
50c
com—
Quarterly
7 American Stores Co. (quar.) ——-—.
American Sugar Refining Co.—
American
6-15
7-
$1
-
y
preferred
6-30
4
i
■
preferred (quar.)'
American Stamping Co..————.-4-—...i.
States
6-10
$1,816
(N. J.)
preferred—
Co.
6-1®
6-25
50C
y,
;7y7!;7:--'
6-V
6-25
25c
(s-a)—
_—
C0.-4-
Ship
American
a
Co.
6-24
25c 1
■
a—a—
Corp...—
7 6%
7%
:v
y
6:>4
6-,4*
Co.
i
6-21
Co.,
S.),
com.
(s-a)
(Thomas)
common—————
Orchids
—
(irreg.)
American
Thread
7-1
5-29
2
7-20
American
Tobacco
preferred (s-a)_
pfd. (quar.)..—
12%C
8-
$1.50
7-
6-10
7-
9
6-29
American
(liquidating) —
Woolen Co., 7% preferred (quar.)
Wringer Co. (quai'.)—
—
25c
6-30
$1.75
-
6-15
6-25
$1
7-
50C
i
yy
6-15
8-16
8-
2
7-15
6-30
8-
2
7-15
$4
25c
7-
1
6-15
Anchor
$2
7-
1
6-23
6-30
6-21
56 %e
7-
1
——
6%
6-10
7431
7-24
7-
1
6-15
$1.75
7-
1
6-15
6-26
6-22
$2
6%
6%
6-15
preferred
6%
vtc
iquar.)
prior
preferred
prior preferred
prior preferred
Anderson-Prichard
4 V4 7o
preferred
Angerman
Co.,
Oil,
7-
7-
1
6-15
75c
7-
3
6-25
1*
7--
6-25
10c
6-30
6-12
75c
—
6-29
6-8
7"
6-23
..y
"
$1
1
.;'
12%c
'6-22
6- 3
$1.50
(quar.)..—
(quar.)
——
8-
2
7-23
$1.50
(quar.)
11-
1
10-22
$1.50
-31-49
(quar.)—-
1-21
(quar.)„———
Inc
(final)—
25C
6-30
6-17
53VsC
6-30
6-17
10c
common
Anglo-Iranian Oil Co., Ltd.
6-16
7-15
30c
y.
v "
1
$2 25
.u—'w—J.
(quar.)
7- 1.
'
—j—
Post Products
Common
6-25
75c
Co.
Amoskeag Co., common (s-a)
•
$4.50 preferred (s-a)-«—4.—.—
Ampco Metal, Inc. (quar.)
Anaconda
Copper Mining Co.——
Anchor Hocking Glass Corp.— v.7y
7- 8
20c
(quar.)
5%
Co.,
Verre-Mural,
American
3iy4C
,
preferred
American
6-18
75c
25c
—
^
53 %C
6-15
20c
Co.——————-
(quar.)
:——.
1
$40c
Mfg.
new
preferred
4V* %
7-
$1.12V2
—
CO.—
6-25
2c
40c
.;
Ltd.- (quar.)—
Telephone
'
6-10*
;yy 7-1;"
f-1 :.;T 6-iO*
62V2C
(quar.)—
(S4a)-u_——
preferred
Dessauef.
(J.
6-25
:
(quar.)
Shoe
Cab
77-
97%C
insurance
Service
7%
6-25
y 7-15 y>
—■4'
—
tquar.)——
Baumer Candle Co., 8%
pfd. (quar.)
& Gibbs Sewing Machine
(initial) —
Lovett Grocery, 4V2 7o pfd. A (quar.)
&
Winn
Pennsylvania Co. fofBanking & Trusts (Phila.)
Quarterly
Co,,
Breweries,
Weyenberg
Screw
American
v
7-20
2
y/,',7-15'%
(quqr,
Corp
common
preferred
6-14
7-
y
■
....:
1
American
;;7M
8-15
..
f
25C
Pulp & Paper-4" y.v
preferred (quar.)——
Western
;
American
West Virginia
4V2%
1
tir
Finance—,
American Reserve
6-25
87%C
——
-—
convertible
Western
40c
(liquidating).
Products..
C
-7-
:
6",4
1
1
r;
yyy.ioc
.....
—4.—...—.—
preferred
American
7:7 50c
25C
(irreg.)——
Terminal
Brothers
7- 2
$1
&
—
(quar.)
1
7-
25C
Company
■y Weeden & Co.,
6-21
50c
Walworth
Class
6-18
7-15
•-
Distilling
Metal
6-16
40c
—
(quar.)
shares
Springs
Peninsular
6-16
6-30
50c
_
Panhandle'Producing & Refining (s-a)
Patino Mines & Enterprises Consolidated, Inc.
American
6-30
6-30
20c
Lines-—-——
Corporation
IOC
—
Co. (quar.)
Electric (quar.)—
Greyhound
Package
_;
Co.
7-
25C
6-21
:
7-15
75C
.--w
Pictures
6-17
25C
—
Co
Republics
Preferred
(initial quar.)—
8-31
6-17
1
'■7-
$1.50
6-24
6-18
n^c*.
(quar.)
1
7-
Radiator & Standard Sanitary—-
Common
American
7-13
7-15
'
(quar.)£
I
Smelting, Refining & Mining—
S.
Common'
77c
preferred
6-15
•7-
$1.50
12
Co.
non-cum.
American
7-13
8<
yi- 5%
Corp.—
15c
y;
.6-30
30c
(quar,)
...
:—4.—
American Paper Goods
7%
preferred (quar.)
7%
preferred (quar.)
American Power & Light $5 pfd^ (accum.). y
$6 preferred (accum.)
;——
y American President Lines, Ltd."-1 T" • ri." ,*
6-30
7-15
8-
15C
y';-
6-30
10-
:
$25C
*
—i—
2
6-18
7-' 6' jy
.
,
7-
/
7-1
7-1
70c
$3 y
quar.)
6-23
7-31
15c i:
50c
6-22
6-23
.
(s-a)
Co. (oi-monthly)
New^
American
62 %C
6-10
$1.50
___
—
Co.—
Brewing
Gas
(quar.)
(quar.)_.
preferred
6-21
$0,011
(quar.)—
1
20C
Omar, Inc., common
National
American
6-21
7-1
(increased quar.)—.—-,
7-
$1.25
6-17*
6-20
.7- 1
25C
(quar.).
common
Products
Molasses
American
$1
Distillery, 5% pfd. (quar.)
Industries, Inc., common
—i'
7* 1
7-1
20c
20c
Metals
&
6-22
Co._—--
6% preferred
7•
6-171
.6-30
;
$3
common
of Illinois—
Manufacturing
•
preferred--—-
6-15
30c
(s-a) '
Poindexter
Machine
Metal
•
New
7*
6-
& Foundry
American
-
Old
*.
$1.75
(quar.)
American
is-a)^--——
preferred
1
7-30
20c
(quar.)
preferred
6-22
Corp.—
7-
$1.38y2
—
preferred
3.90%
yy. 0-30
45c
'—
participating
Non-cum.
United
7-
55C
common
,
$10c
Corp.—
$1.25
(quaf.)
Ml
7%
/
American
(quar.)
Bank
6-
6-17
6-30
>
SI
Corp
Investment Co.
50c
(quar.)—
(Brooklyn)
Industrial
United
1
$1.75
Corp.,
7-1
V»" 10c
Cd.
Fruit
United
1
7-
:-50c
(quar.)
—
Products
(monthly)
7-1
'
United
7-
'
w-.—
(increased
7-15
'
75C
(quar.).—
15c
Ltd. (s-a)—
class A (quar.)
64l"'
7
40c
Hardware
American, Machihe
$1.50
(quaf.)
6-15
7-
6-16
,6-17
preferred
i
5% preferred (quar.l
American Locomotive Co.,
,
25C
Rubber
&
Union
6-21
25c
6-16
6-28
6-14.;
preferred
4%%
;
6-10
-
6-16;
•6-28
(quar.).-—————V $1.18% > '>7- 1
7- 1
yy / 50c y
American Hair & Felt Co., com. (increased)
7- 1
$1.50
'•yy $6 2nd preferred (quar.)..—————
6-30
25c •
American Hard Rubber, common——....—
:
6-25
1
6-15-
.7-
y American' Gas & Electric y * y'
7-15
7-
7-
v
25c
(quar.).— ::
Inc.
Growers,
6-15
7*15
t'ir
6%
6-15
,7- i
6-16*
Y,)—»
Co."
Co.,
Fruit
6-16*
,
& Cigar Co.
$2
50c
(N.
^4.^..—
$1.75
50c
75c
.
Shares
United
6-21
6-30
8-
7-
7-
75C
y
(quar.)
preferred (quar.).
Forging & Socket Co. (extra).—
American
2
.25c
y
1
(quar.)
Express
Felt
8-"4
9-
■'
Crystal Sugar Co., coim (quaf.)^_ yy
American
6-30
$12'/2c
125C
y (1.50
Casualty Cci.
American
6-21
(s-a)
of St. Louis
Co.
6-10
1
.
prior
6-26
15c
'
Industry
6-^7*
7-
Co.," 7%
preferred (quar.) —
Iron Pipe, 6%
pia. (s-a)—„
preferred
AV27c
■
6- 5
8-2
t75c
(Initial)
Co.
6-30
$1.12% ;
preferred (quar.)
^
25C
American Cyanamid Co., Common (quar.) —
87 %C
3%% preferred A (quar.)—
4-—
$1.75
American Dairies, Inc., 7% pfd^. tquar.ji*^-:.,
6-30
15C
Banking Co.
J.)
Tunnel RR.
.
6-21
6-30
40c
(quar.)_
1
30C
.;
7-
Can
6-14
6-31
•"
47? convertible preferred (quar.—
6 7c
40c
y
i...—
(N.
Trusteed
6-30
$4.50
quar.)„
preferred (quar.)
5%% preferred (initial)
6-30
•*;—^
Corp.
60C
$5
Oklahoma
American
(quar.)——~———
Corp;
Special
6-30
30c
pfd.
6-21
y:
1
1
40c
common.—
$1.50 :
Manufacturing
Trenton
6-24 :
90c
(quar.)—
5%
common
7-10
y •25c
.
,
United
————
Corp.,
American-Cast
class A (increased)
Co,
Transattierica
6-24
7-
$2
(quar.) ______i_—;
Co.,
American
6-19
$75c
—-
Brothers, Ltd;. (interim)
Towmotor
■■■
9-22
10-1
75C
Railway (s-a)———
(Minn.) —
Rubber
Leather
6-23
75C
Co.* (Chicago)
6-30
1
'
Northwestern States Portland Cemeht (quar.)
Noxema Chemical, common
(s-a)__________
Ohio
6-25
1
50C
•
8
(increased)
B
Shoe,
8
American
Orleans)
Class
American- Brake
6-15
77-
7-20
93%C
———
—
6-15
0-14
y
Notey common^(quar.)
1
75c
:
——y
Bank
preferred
20c
Power
Trust
O'Sullivan
1
8-
$1.18%
$1.75
(quar.)
common
7-
50c
—
——
Northern
77.
0%
l
40c
12 %C
Quarterly
American
6-15
7-
77.
:
Co.
insurance
7-
7-
6-25
■y
(quar.j
Chemical
Agricultural
6-19
6-17
7-'
40C
20c
Leather Cos.—
\
y
preferred (quar.)
1
6-30
50c
;
6-21
1
7-
.
12'/2C
.
convertible
7-
50c
————
6-1
7-
2 y2c
—
Ltd.—
Canada,
1-
6-30
75C
!
(quar.)—
preferred (quar.)—
North American Rayon, class A^.„
'
7-15
&
(New
Towle
convertible
Class B
1
Title
Todd Company,
i
of
6-30
Cyyi,. $3
preferred
$7.50
Service—
New Process Co., 7% preferred (quar.)
New York Mutual Telegraph (s-a)__
North
—
,.——.—
6-26
(San Fran.)—
(accum.)A-------->----4-4f
Mortgage* Guarantee
Co.,
Ltd.
6-25
(quar.).———
7- 9
'"y.
10c
Guaranty Co.
7-15
Telephone, Ltd.
preferred
Title
6%
6-25
(quar.).
common
Thor. Corporation
15c
—
Public
7-15
25C
—
of Del., Inc.
(quar.)
Co.
Machine
6-18
6-15
1
8-
20c
&
Shirt Shops
Britain
6-30.
6-30
15c
——_w—>-
National
New
$1.75
Inc.,
Co.
UOc
preferred"
4'fa
-
Co.————
—
National
Textiles,
,
(quar.)
preferred
; Amalgamated
6-30
iquar.)
Co.
Banking
(quar.)————
Stores (reduced)
'
Co.
Gas
6-30
50c
:
National
7-15
Textile
4%
15c
- (quar,)
(S-a )-v.——,—-.
Inc. (quar,)..
—
Stovel Press, Ltd., 5% preferred (quar.)..y Strawbridge
& Clothier
...
Superior Portland Cement
—:—
Supertest Petroleum, Ltd....
'iy.'' Common bearer (s-a).—..
%■:. Ordinary bearer
(s-a.—$1.50 preferred B (s-a)..-....;—
—
Terry Steam Turbine, common
—
'y-i.: 7 7c' preferred (quar.)
Texas
Electric Service,
$6 pfd.
(quar.)—Texas Power & Light, $6 preferred (quar.) —
7 'fa
preferred (quar.K,
6-30
6-10
(s-a)
$0 50c
6-22
7-15
—
Ltd., common
Canada,
7- 1
6-30
(quar.)
Aluminum Goods Mfg.—
i';>y 6-10
7-
6-29
Step & Shop,
"
Co., $7 preferred (quar.)—_
Chemical & Mfg.
National
7-15
15c
Corp.———
(New York)
Bank
National Casket
.
$1.50
—————
Bond
National Bronx
National
$1.25
6-21
7-15
(Boston)—yy
Corp
of
6~t 0
>
$3
6-10
Aluminum
v>
Amerlcatf Alliance
participating preferred
7%
;f $i
10C
Petroleum
Mohawk
Co.
1
40c
(quar.)
—
(quar.)
Allis-Chalmers
Mfg., common
(quar.)
$3.75
preferred
(quar.)——^
American
Stony Brook RR.
5
20C
Co.
Edison
Power
6-2
8-14
25C
(quar.)——_——/
Barge Line
iquar.)
Valley
Mississippi
Missouri
6-15
Oil
States
50C
—
——
Shipping
6-15
20C
..
■
Corp.
8-3
10C
6%
preferred (accum.)
———
Michigan Seamless Tube (quar.)———7:
Mid-Continent Laundries, Inc.-——
Minnesota & Ontario Paper Co
Mission
1
6-23
9-
6-11
7-
$1.06%
Corp.
0-30
Increased
<
1
25c
7-15
common...
Corp.
5-26
7-
37 %C
Corp.
75c
(s-a)__._^-.:-.^.-----.-.-
Investment
"State Street
Steel
.<
Co.,
5-26
6-26
$1.05
62%C
Amalgamated Sugar Co.
^~^:
preferred A
Stores
60c
6-21
$50 Vic
(quar.)——
Porcupine Mines
Mclntyre
Lyy
y.y 15c
6
6-30
7-
6-i8 yy
$1
7-
7-15
6-15
Products
Allied
6-25
1
$1.50.
i5c
.
7-7
17% c
Standard
20c
Allied
-
6-23
*
6-15
yy. 67o
9-15
6-26
(quar.)
6-30
'
6-10
Allied
6-23
%
7-
25c
'
10-1
$4
Inc. (quar.)——
(quar.)
ZIV2C
Co-.___.._—...
Sperry Corp. (increased
Standard Holding C(>rp^ class A„^
Class B
$2.50
-
preferred
Laboratories,
Paper Mills
7-15
England Telephone.——--
6-22
6-15
Allied
.I
Carbon
Speer
6-15
6-20
1
-
Realty Co. series A pid.^—:—
Inc., common
(increased)-^-*
convertible
$2.50
6-21
1
7-1.
———
New
7-1
—
guaranteed
Equipment
37%6
(Durham, N.
Insurance
Fire
Quarterly
Southern
.
Alliance
6-18
6-30
•7-
y '
Paper Mfg., 6% pfd^ (quar. )_....
Radio- Ltd., class B (quar.)-..
15c
i
$1.75
,.
preferred (quar,) —————
preferred A (quar.)
Southern
Co.—
•
6-18
25c
Sulphur, common—.—**■'
30C
W-'-—
7-
&
6-n;
6-2
7-
75c
•
(quar.)I..——
Standard
Massachusetts Northwestern
Quarterly
55c
'"0
25c
6-15
2
7-
1.
Electric
1
6-30
8%C
Allianceware,
Co—
;'6-25
6-10
7-
,
1
7-
$2
1
30C
7-
15c
....
Allen
——-r.—
6-21
25c
25c
Corp..———,———
Transportation-
Parry
7-20
8-
.
Martin
2
7-15
—
25C
6-21
y i5c
California Gas Co.—-
Southern
6-30
Mapsfield Tire & Rubber, common (quar,)_
$1.20 convertible preferred (quar.)
:—
Marine Midland Trust Co. (N. Y.) (quar.)—
6-11
V
Candy
(quar.)
Co.
&
Acid
V/o, preferred
2
$1.50
preferred (quar,)———~~
Manning, Maxwell & Moore—
•
6-19
40c
20c
Paper
7-
40c
>$1.25
—;
Allegheny & Western Ry„
„
6-18
Simplex
6-11
Inc., common (quar.)
—
4(4%
preferred
(quar.)
Allegheny-Ludlum Steel Corp., common_i-"-
6-30
6-26
7- 1
Alden's,
6-16
6-28
6-17
$1
1
7-
50c
7-15
1
6-10'
V62.V2C
Alabama
6-16
1
5C
$1.25
-
7-
'
T
6-21
participating preferred (increased)—_
Power Co., 4.20% pfd. (quar.)—
Alan Wood Steel Co. see Wood (Alan) Steel
6-15
tV/2c
50c
& Electric (quar.)
—:
McAndrews & Forbes, common——.
.;7-; 1
.....L
7-
RR.
Southern
(increased)
6-15
12 %C
.—
Great
6-30
'*
(quar.)
—
Canton & Youngstown RR.
preferred (s-ft)-"_;——
Ordinary
6-15
(quar.)—.
Extra
$1.50
Deposit (s-a)—
Light, $6 pfd. (quar.)—
&
Power
1
5c
6-30
15c
7-
Sheep Creek Gold Mines, Ltd.....—_
Sick's Seattle Brewing & Malting Co. (quar.)
f
'6%
(quar.)
Alabama
6-15
50c
6-18
8-
1
$1.25
(quar.)
6-30
'/
7-
Corp..
Association
6-30 I
'
Gas
Lynn
Steel
7-10
$1.12l/2
1
•*
Secord
Laura
see
$1.75
Corp
Long Island Safe
(Laura)
7-10
7-
1
7-
Seven-Up Bottling (St. Louis) com. (quar.)
5Vz% convertible preferred (s-a).——..
3-22
7-15
7-
7-15
—
Secord
25c
7-9
7-15
S3
6-21
37M*c '
preferred (quar.)—————.
4xk%
(quar,).—
Savannah Sugar Refining Corp.
25c
Lawyers Trust Co. (N, Y.) (quar.)^———
(Charles), 1% preferred (quar.) —
Corp., common (quar.)
Akron
$1.50
preferred
5%
$20C
Lerner Stores
1
$1.25
9-21
37'/2c
Leich
7-
(s-a)
12-22
40c
Landers, Frary & Clark (quar.)——
Lane Company, Inc.—
v-t-—---Laura Secord Candy Shops, Ltd.
(quar.)—:
7-10
7-15
6-21
7-10
15c
Ahlberg Bearing Co., class A
50c
6-15
7-
tWatertown,—
Co.
1
Y.)
6-10
6-14
6-30
50c
—i-——
6-25
N.
2
6-29
6%
1
2 Vac
preferred (quar.)
Agricultural Insurance
7-
Ry. CO,—•
Savannah & Atlanta
37'/2C
Co.
(Phila.) —
—————:r
Quarterly
5%
4
6-30
8%e
—
—
1
7-1,5 *
20C
Casualty & Surety Co. tquar.
7-10
Joseph
4-1-49
Title " Bank"Trust
Land
(quar.)—
0
25c
125C
———
Aetna Life Insurance Co. (quar.)—___
Aetna Standard Engineering Co.
,
17 %e
Steel (increased)—......—.
Corp., common (quar.)
A
1
9-
1
.
7-
50c
Aetna
5c
—.—
10-
IVzC
Co..^.——
Mfg. Co.
D.)
(J.
4
6-25
1
7-24
$1.25
—<-
(quar.)
*; Addresscgrapn-Muicigraph corp. (quar.
Admiral Corp.
__—J-v-—v—
Advance Aluminum Castings Corp.—
Pittsburgh—
of
(quar.)
Electric
37»/2c
—
7-
7-15
7-
6-
Sugar Refineries, Ltd.—
partic. preference (quar.)—_—
A
75c
Co.
&
1-2-49
.
37'/2C
(quar.)-
Co.
Inc.-.—,——
Straus,
Express
Adams
6-24
35c
Scudder, Stevens & Clark Fun1, Inc...—Second National Bank of Philadelpha (s-a).
7-
12»/2C
——-
(quar
University
Extension
Salle
7
7-31
$1.75
preferred
La
6-21
15c
40c
1
3%
—
Light & Power-45% preferred A (quar.)—
St. Louis Bridge Co., 6%
1st pfd.
3% 2nd preferred (s-a)
6-21
$1.25
$1.50
Kress
•;
St.
.<
'
$1.50
$1.50
1
7-1
7-
$1.25
Company, common
$1.50
7-
$i.i2y2
7-1
0* ;1
1
-
6-15
7-
25c
6-13
6-30
9-
Class
Adams
•
6-15
SlJiO
&
5c
Rotary
(initial)——
preferred (quar.)-——————
preferred (quar.)—
—*—'
preferred (quar.)———-.
—
Kirsch
6-18
1
7-
Acadia-Atlantic
(Dayton, Onio)—
Insurance
W.)
(H.
20C
(George
0-18
1
Quarterly
$5
95c
E.) $5 prior pfd,. (quar.)—,
$2 Junior prior preferred (quar.)———
Kellogg Switchboard & Supply, common—
5% preferred (quar.)
—
—
Kendall Refining Co.—
——
Kewanee Public Service, 7% pfd, (s-a)—Keith
1
7-
$2
(qj*r.j—
—
Life
Reliance
9
Rickel
—
7-
25C
2»^C
(stock dividend)—,—...—
Insurance
Quarterly
6-18
87 '/aC
—
Pfd.
&
6-15
Reading Gas Co. (Pa.)
—
Corporation
(increasedi——....—
6-18
7-
$1.50
—
Electric
Light, 4%%
&
Gas
Power
1
Reece
■
Kansas
7-
u..—*—
(Pittsburgh, Pa.)
$1.50
6-18
7-
137 %e
prior
Abraham
•
0-18
1
"
81 'Ac
(quar.)
—
3V«% pfd. (quar.)—
Kansas City Power & Light—
3.80% preferred (quar.)-*
—
Kansas City Title & Insurance Co. (Kansas
City)
—
1
7-
Pyle-National Co., common (quar.)..——8%
preferred (quar.)„,«»-;
13C
—
7-
16c
(T. G.), 7%
1st preferred (accum.)..
Propper-McCallum Hosiery, 5% pfd. (S-a) —
$5 2nd preferred
(s-a)
—
*
Plant
6-21
f62%c
preferred (quar.)
preferred
(quar.)
$2.50
6-22
$1.25
6-24
6" 3
7-
$0 prd, ts-a)—_
Co., Ltd.—
Paper
&
Power
Abitibi
6-18
$2.50
6-29
Rand's
1
6-30
7-
5>J
Abercrombie & Fitch Co„
6-18
$2.50
6-21
6-15
30c
6-25
7-
6- g 7
7-
50c
(quar.)
Laboratories
Abbott
6-16
.
1
$1
1
1
5
7-21
$2.50
(s-a)—
2
7-
6-30
15e
7-
$1.50
Payable of Rebs
Share
of Company
Holdire
When
per
Name
7-15
8-
23%%
7-13
Co._.
preceding table.
6-30
—
—
7-
Gas
these being given in. the
announced this week,
dends
k
(quar,)——;—
Water
Union
Plainfield
,
(final).——
receipts
Pltsburgh Screw & Bolt..
Pittsfield & North Adams RR.
87»/2C
founders
common
Kansas
deposit
American
1
7-20
20c
$2.50
y
(reduced)——
preferred
30c
Johns-Manville,
-•
6-20
1
the list does hot include divi¬
paid,
7-15
8-
give the dividends announced in previous
*
10c
preferred
T/e
2
7-
—
(accum.)—.—~
shares—*
A
Brothers,
(Albert)
6-30
I
7-20
$1
*
60C
(s-a)-
Corp
Button-Hole
preferred
7-
(quar.)
Co., common
90C
6-18
8-
37 '/afO
1
7-15
$1.25
< s-a f—-———»——-j—
Pinchirt Johnson & Co., Ltd.—4
6-20'
3c
Sewing MachineInternational Cellucotton Products——
International Holdings, Ltd—
——
International Milling Co., 4% pfd. (quar.)_
International Ocean-Telegraph (quar.)
Investors Management Fund
—4
Iowa Electric Co., 6%%
pfd. B (accuBi.)—
Jenkins
7- 2
<
Iron
International
Pick
5%
—
.
Certificates inc.
Insuranshares
6-25
1
7-
preferred
4%
iti
Inglis (John) Co., Ltd
Institutional Shares, Ltd.—
„
Insurance Group shares——
Inter lake
9-13
7-
——-—
Bank <quar.)__^
Philip Morris & Co., Ltd., common (quar.).,
$3.60
preferred
(quar.)—
-*
6-12
1
JlOc
preferred (quar.)
4%
1
10-
pfd. B (initial)— 33 9/l0c
(quar.)——
$l-°6/4
Industrial Bank of Commerce (N. Y.)_50c
Ingersoll Machine Sc Tool Cd., Ltd-—4'
J12'/ac
50c participating class A (quar.)
—
Indianapolis Water, 4%%
Company
7-
we
weeks and hot yet
1
7-20
15e
.
Below
Payable of Rec.
Share
of Company
t20e
<s-aj_
<
■
Name
Payable of Rea.
Holdert
When
Pet
„
H oldert
When
Per
Share
Name of Company
Monday, June 21, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2728)
48
7-10
0-J28
25c
8-
6-30
9
Volume
Number 4709
167
THE COMMEBeiAL & FINANCIAL CHRONICLE
(2729)
-r
t**'
:
Name of Company
%
*
.. -
'
'
•
-
Payable of Bee * '■ i-
„
Development, Ltd.^—_
Apex, Electrical Mfg.," eocryncm—____
j
7% fetior preferred
lqustr.)_—.—^
Appljied Arts, Cprp_____
7?-?
7-23
Arcade
6-30
Cotton
Muia,
Common
iquar.j
Common
tquari)
7-
—L—
(s-a)i—
preferred
Co.,
Arkansas
Natural
Poorer
$7
preferred
Arkansas
Gas
4% %
(quar.).
Co.
&
(111.)
Constable
Metal
7-15
6-30
Central
Illinois
7-
1
6-15
4%
50b
> 1
6-15
Central
Investment
Bristol-Myers Co., 33A%
pfd.
(quar.)__
93%C
British-American Oil CO., Ltd., Com. (quar.)
|25C
33A% preferred (quar.)
$$0.234375
7-15
7- 1
3
Central
Maine
BrillO
6-15
6-15
6-11
(quar.)—-
_____
t
Construction
6-17
1
6-17
6-16
4%
7-
-,
1
7-15
preferred
6-10
British
1
6-24
.
Co.,
Class A
7-
____
(quar.
Corp.
$25C
Ltd. (iriterim)_
Manufacturing Co., Inc., Com. (quar.)
&
Corp.,, Ltd.
Extra
6-10
Electric
preferred
5%
preh
prior
Ashdown
cflass
(J. H.)
A
6-30
6-14
British
6-14
British Columbia Power
6-30
6-
6-30
6-
7-
1
6-10
20c
7-
1
6-15
-.
'
—
Picture
industries.——
Associated telephone Co., Ltd.-—'
5% preferred (quar.)
4 % % ' preferred
(quar.) u—i——-----:
7%
&
telegraph
preferred, (accum.)
$6
preferred
Associates
Manufacturing
Co
City. Electric Co. (quar.)
Atlantic Greyhound Corp..4% pfd,
Realty
Co.,'$6 preferred
Refining Co.
'
preferred (quar.)
7-15
2
7-15
■
6-10
Brown
8-10
Bruce
6-16
8-
2
7-
1
6-16
7-15
6-23
$1
•'*. 7-
1
$3
7-
1
'.
3.75%
preferred B
(quar.)——___:■[x
Corpc-vt-tdn (quar.)_i
:
Imperial Diesel Engine Co.—
Serial A preferred
(quar.)-i-——_
93 %c
■
40c
8-
Class
.
,
A.
Cldss. B
6-14
/,
6-19
7-
Budd
2
6
7-
2
6-21
6
7-
2
7-
2
6-15
7-15
6-15
6-11
5%
6-16
Bush
& Son's Co,, 6% pfd.
Allied Products, Inc., 4% pfd.
Avon
Avondale
Mills
Axe-Houghtoh
(quar-i-V;
37'Ac
Babbitt
ij..
-
—
1
-*•
-
;
Wilcbx
&
Co.
Baker
Baldwin
6%
€%
7%
Baltimore
$3
or
of
(s-a)
—
Steei
corp.—
convertible
convertible preferred
1%
convertible
preferred
Corp.
1
6-25
■
6-10
6 -11
>
6-12
■
9-30
6-11
9.
83AC
83AC
83AC
*
7-
America
Association
Bank
of
i^-:
&
Co.
(N.
Y.)
of Canada,
Co*
1
7- 1
6-
-Ltd.—
.-7.4
•
60c
Barbalo
6-30
6-16
8-
2
7-16
7-
1
6-15
6-26
7-
1
3%%
Beatty
C0.,
convertible
Ltd,
Bros.,
(quar.)
preferred
(quat*.)
^s*————
1
6-15
7- 1
84%c
6-15
-x——s.—$60c
7-
2
7-
1
6-
Packing Co." (quar.)——— >
40c
Belding Corticelll, Ltd., commqa (quar.)$$1.50
7%
preferred (quar.)
1W preferred
$1.75
Belgium Glove & Hosiery Co. of Canada—
Common
5%
BeH
(quar.)
preferred
Aviatioii
Bendix
Home
Beneficial
Beneficial
■
Corp,
&
Benson
Co.
Hedges, $2
7-
2
6-14
7-
2
6-14
7-15
6-15
6-30
6-10
6-29
7-31
6-30
6-15
••
Co.^_iA-^i_--w
6-28
6-10*
8-
1
7-15
$5
;
20c
—_i—_
-
'>
r
62'Ab
7-
1
Co., Ltd., commohL________
$100
preferred '(quar.)
_$$1.12ya
7-
2
6-
7-
2
6- 7
7-
2
6-
7-12
50c
8-
2
50C
7-
1
6-19
50c
7-
1
6-19
50c
7-23
7-
2
$1.25
6-25
6-
4
7-
1
6-19
7-
preferred (quar.) /
Cement Co., common
conv.
.
preferred
(quar.)
—
-4; $62'Ac
Best
Foods, Inc. t(quari)______-___^_iu---«^::
Special ■■ _f_______■'
Bibb Manufacturing Co.
(quar.) ________—. '
■
Extra
com.
$1
6-15
6-30
Mfg. Co. <quar.)__—
Decker Mfg. (quar.)
6-15
15c
;
.J
A
Company
(quar.)
Blue
Bohn
7-
1
Railway
6-15*
$25c
7-26
7-
2
Ltd.
Co., common
(quar.)__
Ltd. com.
:
2
6-23
2
6-
31'Ac
7-
1
6-17
7
2
5-31
(quar.)
$50c
Mills
7-15
6-30
50c
8- 3
7-12
25C
6-30
6-19
.
8-
4
37'Ac
6-30
6-19
$1.50
Tobacco, 6 % pfd". (quar.)
Diamond Corp._______—_____________
Bros.
6-30
6-25
Aluminum
Ami
Co.,
&
Brass
$25c
7-
2
6-10
Clinton
Industries
6-10
Clinton
7-
2
6-10
Clopay
7-
2
6-10
Cluett
6-30
6-14
6-14
6-30
6-14
class A
(quar.)
7-
1
6-21
25c
7-
1
6-15
7-
1
5-28
7-
1
5-28
7- 1
5-28
CocksIiUtt
6- 4
—__
7-30
7-15
$1
—
62'AC
Book-of-the-Month
Club
Borg-Warne'r Corp., com. (increased
3V27o
preferred (quar.)_.—
Boston
&
Boston
Insurance Co.
Boston
Storage
Boston
Wharf
Albany RR.—
—
._L__
Go.
7-
7-16
7-15
6-16
7-
2
1
6-16
87'Ac
"
7-
7-
1
6-16
6-30
5-29
7-
1
6-18
6-30
6-23
$2.50
60c
(quar.)—__
Co
1
$1
quar.)_
(quar.)__
Warehouse
7-30
25C
20c
(quar.)
Borg (George W.) Corp..(quar.J—
$1.25
$1
6-30
6-
1
6%
Case
7%
_:;
uA__
Stone
$50c
7- 2
6-18
Colorado
Fuel
&
Iron
$17'Ac
7-31
6-30
Extra
$$1.75
7-15
6-15
Columbia
$$1.50
6-25
6-11
(quar.)—_____
(quar.)
______
—
Co. com.„__—__.
(quar.)
Radio
Collins
6-10
Columbia
$$1.25
7-
2
6-10
Cassidy's, Ltd., 7% preferred (quar.)
Celanese Corp, of America, com. (increased)
$4.75 1st preferred
(quar.)
7% 2nd preferred (quar.)
—__
Corp.__—
8-15
8-10
11-15
11-10
2-15-49
2-10
6-30
6-15
r
7-
1
6-21
6-30
6-21
6-30
6-21
6-15
1
6-10
6-30
6-14
7-
1
6-16
7-
7-15
7-
1
7-10
6-25
6-25
6-11
7-
1
6-17
7-
1
6-17
25c
6-30
6-10
7-
1
6-11
7-
1
6-11
7-
1
6-11
7a
I
$7.50
$3
7-20
7-10
25C
7-20
7-10
62'Ac
J25C
87'A 0
pfd.
683Ac
(quar.)—__
(quar.)
6-11
25c
_________
$2.75
Co.,
,7-10
12-
1
6-30
11-
1
6-30
6-19
7-
1
6-18
7-
1
6-20
—
$1.50
10c
7-30
7-12
—
(quar.)
_________—
25c
6-30
6-
8
25C
Title
6-30
6-
8
20c
7-
1
6-15
12'Ac
7-
1
6-15
20c
7-
1
15C
8-14
7-20
15C
6-30
6-20
$12'Ac
7-15
6-10
7-15
6-10
(quar.)
Co.,
common—
Insurance
(s-a)
Ltd., com. (initial)
5%
preferred
(quar.)
Commercial Credit Co., common (quar.)
3.60%
preferred
(quar.)
;
Enterprises,
i 6-30
$10c
7-15
6-17
$50c
7-
1
6-14
Commercial. Solvents
7- 2
6-10
Commoliwealth Investment
75c
7-
1
6-14
7-
_
&
6-15
8
Co.
(quar.)_
Fran.)
(San.
1
6-14
Commonwealth & Southern, $6 pfd. (accum.)
Commonwealth Water Co., 5'A% pfd. (quar.)
6-26
6-23
7-
1
6-18
65c
7-
1
6-15
6- 8
6-30
6-
12'AC
6-25
6-10
1
6-14
6c
7-
6-
9
$1.50
7-
1
6-11
$1.37'A
7-
1
6-11
$1.50
7-
1
6-11
$1.75
7-
1
6-11
75o
7-
1
6-
4
25c
7-
1
6-
2
Commonwealth Water &
75c
6-30
6-30
37'AC
Stamping
65c
90c
Corp
Shearing
•
$$1.25
—
Commercial
7-
$1
common—
Co., $6 preferred B
Baking
Combined
.'^v: $20
50c
6-30
6-15
Light Co.—
$6" preferred
(quar.)_.
$7
preferred
(quar.)
_______—___—
Connecticut Light & Power (quar.)
Conestoga Transportation Co.
(s-a)
25c
6-25
6-
Confederation
40c
6-30
6-16
$1.25
7
Common
V 6-30
6-16
933Ac
7-
1
6-15
2
7-10
Connohlo,
$1.25
7-
1
6-16
$2
7-
1
6-23
9-19
9-
$1
8-
2
7-
6
6-
4
12'/a %
7-
6
6-
4
—
_____—
50c
1'
Life
preferred
7-15
6-30
5C
7-
1
6-15
$1
7-
1
6-15
$1.50
7-
1
6-15
7-
1
50C
6-15
40C
7-
1
7-
1
7-
1
6-19
585Ac
7-
I
6-19
6-12
$$1.75
$5
(quar.)
(quar.)
(quar.)
——
60o
2
Consolidated
•6-30
Class
B
(quar.)
$5
preferred
6-21
1
6-19
1
7-
1
6-19
IOC
10-
1
of
Baltimore,
4%
series
9-20
—
Electric Light &
Consolidated
Investment
6-14
Consolidated
Lithograph
Mfg.
6-14
6-14
Consolidated
6-19
Consolidated
7-15
8-
2
7-15
50c
640
6-15
8- 2
7-
7-
9
1
6-15
$1
7-
1
6-15
$1.12%
——
7-
1
6-15
6-13
25c
:
—
Co.,
Paper
Co.
(quar.)
Corp.,
Ltd
6-25
6-15
45c
6-28
6-15
6-30
Ltd.—
Quarterly
Paper
6-25
$1.25
(quar.)
Trust
1
2
$40c
Grocers, common
preferred (quar.)
1
8-
90c
preferred™,
Consolidated
7-
9
37yac
Power Co.
(quar.) _______
preferred—^.
B
6-
$1.25
—
common
C
4 'A % / series
7- 2
Inc.
(quar.)„—
Consolidated Gas
7-
1
7-
1
7-
37'Ac
(quar.)
—
Cigar Corp. (quar.)
Consolidated Edison Co. of N. Y.,
$1.75
7-
1
7-
Industries—
Consolidated
$1.18%
10c
Chemical
participating preferred class A
$1
2
6-
7-
40c
$25C
5%
7-
9-10
Consolidated Bakeries of Canada, Ltd.—
6-12
25C
>
9-15
10c
(quar.)—
Insurance
common————
preferred
$$1.50
10c
Insurance
General
Inc.,
(Toronto)
7-20
12'A %
40c
Association
—
Fire
Connecticut
40c
Life
(quar.)
Connecticut
8-
-
—
$1.75
$1
participating preferred (quar.)—.
:
Participating
l
Columbia (The) Gas System, Inc. (quar.)__
2
$1.75
—__
1
6-25
$1.75
50c
7-
r.
1
50c
——
$$2
$37'Ac
7
7-
Co.—
Corp.,
(s-a)
&
60C
Corp. (quar.)
Inc., common_____——_—
Brewing
Co,
Sand
1
7
7-
17'Ac
—
——
Plow
Ice
6-
7-
$1.75
(quar.)
W,
Colonial
6-10
6-10
2
2
20c
(quar.)
'V\-' Extra'—_____
Cochran Foil Co., 5%
preferred (s-a)
50c
Cascades Plywood Corp., common (quar.)
3'A%
preferred (quar.)___
Centlivre
Cs*"&)
Colonial
2
6-11
30c
—
Bottling Co. of St, Louis
75c
(s-a
General
preferred
International
A
Cola
6-15
—
Paper
(J. I.)
ClclSS
Coca
6-15
7-
6-
1
25C
common—
1
$$1
1
6-21
7-
8-
10c
(s-a)
7-
_____
9
6-14
6%c
(quar.)___^—-—__—_
A
Co.,
A
$37'Ac
(quar.)_
Co
6-
$1.50
preferred
7-1
8-25
1
$1.50
Colgate-Palmolive-Peet Co.
$3.50
preferred
(quar.)
4%
Coca-Cola
11-25
•7-
8-
$1.75
—
Electric
6-18
_________
preferred A
preferred B
&
6-30
(quar.)__
Co., common
4% preferred (quar.)
Carreras, Ltd., class A ordinary (interim).
Class B
ordinary (interim)
Carrier Corp., 4%
preferred (quar.)_____—
6%
Gas
7-2
9-16
8-14
6-30
$1.75
——
Counties
7-15
12-15
1
6-24
.
7%-preferred (quar.)
4%
2nd preferred (quar.):
Coast
(s-a)t40c
_________
*"'•
"
preferred
Class
__________—_____—
Baltimore
>
common—,
Coca-Cola
$15c
9-
7-20
$3.50
—_________
Co.,
4
$15c
6-15
•
30C
62'Ac
;_—
!'
(quar.)
4
Co., common________.—_____
Mills,
7%
Works,
6-
Power
&
Water
Corp.
Peabody &
6-
v
$4
$1.12'A
5-21
2
8- 1
$1.75
—
(quar,)____,
(monthly)
2
7-
6-19
1
$1.13
Co.
7-
J25c
1
7-
$1.25
■
-
Illuminating
6-21
!
7-
Telephone Co.—
(quar.)
7* 2
& Light, common
$5 preferred (quar.)
Carolina Telephone
& Telegraph
Carthage
■
Electric
preferred
7- 2
,6-30
6-15
Co.—
$30c
Baxter
Carolina
Cleveland
$15c
$25C
1
25c
Molybdenum
$75c
6-10
7-
$2
Extra
$4.50
$433Ac
9
6-30
$1
Clary Multiplier Corp., com. (increased)___
5 (A%
convertible preferred (quar.)__
Clearfield & Mahoning Ry. (s-a)___
Cleveland Co-operative Stove Co.
(quar.)__
Climax
i
6-
'
(s-a)—
$20c
(quar,)
1
__—
9
J183ac
6-18
7-15
30C
$ 55c
Administration, $3 pfd. (quar.)—_
Records, Inc.—
$2.60
convertible ' preferred
(quar.)__—_
Carborundum Co. (quar.)—;____
Carriers
25c
Corp..
■'
,
1st
1st
9
...
6-10
$1.75
__
(quar.)
preferred (quar.)_____
preferred (quar.)
preferred (quar.)
1st
7%
7-
$5c
6-16
6-30
50c
preferred
7-
2
Co., Ltd.^-
Ltd.
pfd.
Co.—
,
Goods
6-10
Capital
Capitol
Carpenter
8-10
100%
Laughlin, Inc. com._—_____—
conv, preferred (quar.)__—_____
1
6-30
7-15
of
7%
Dry
2
'
1
$1.37'A
(quar.)—
8-2
(quar.);
Lumber
4%>
RR.
(s-a)
$$1.50
Products,
A
Electric,
7-
$$1.25
,
Westinghouse Co., Ltd. (quar.):—
Wirebound Boxes, Ltd.—
class
&
$31'AC
(quar.)_____
(quar.)_______
6-18
7-
$2.50
—_
(s-a)
Co.___
Paris
2nd
$10c
conv; pref,
Western
Canton Co.
_______—
_____—
A
of
7%
0
7-
$50c
1
75c
—~
City
6-18
r:
8-
(quar.)„__
Insurance,Co.
Silk
Canadian
(quar.)
Suburban Bell
&
Service
Class
> 6-15
$$1.25
pfd. (quar.)_
Co., Ltd., 5%
6-15
7-
$2.50
preferred (quar.)
New Orleans & Texas Pacific
7%
$1.50
6-15
6-30
-
8
6-
6-28
$$2
_______
6-30
50c
Water Co. of Washington
(Pa.) —
preferred
(quar.)
City Ice & Fuel Co. (quar.)
City Stores Co., common (quar.)__—____—
6-15*
$15c
(s-a)
4
75C
7%
Ltd.—
(s-a)
6-
Citizens
5-21
1
;7-1
$1.06'A
——
6-15
25c
7
:
&
5%
Bon
W.)
dividend
Stock
Bloch
6-11
30c
—
—
& Kennedy (quar.)
Carey (Philip) Mfg^ Co., com. (increased) _
5% preferred (quar.)
Carnation Co., 33A%
1st preferred (quar.)
6-11
6-15
preferred
Cities
7
6-21
15c
(quar.)
Canadian
Carey
6-18
6-30
5c
(E.
Bliss
1
6-30
$1.50
(quar.)——__ V
Extra
Bliss
7-
50c
5oc
: ;
^
Extra'1.-—-—-I—i-
V
6-28
Quarterly
7
7-
$32'A(5
___________—
preferred
Class B-__-__—
$-19
6-30
12'Ac
-
Blackhawk-Perry Corp. (s-a)
Black, Sivalls & Bryson, Inc.
1
25c
(quar.)__—
&
Black
50C
!
Bingham-Herbrand Corp.
5% -preferred (quar.)
Binks
,
6- 4
$3
5%
V
preference (quar.)_____
Foreign Investment Corp.,
Cannon
;
6-15
8-25
4%
6-21
■,
'
4%
1
6-25
'
Cincinnati
Fire
Canadian
$1.50
=
7-
50c
Cincinnati,
pref.
Canadian
:
45c
Co., $5.50 preferred (quar.)
Chipman Knitting Mills, 5% preferred
7% preferred (quar.)
_:
6-15
______
6-15
(quar.)
Childs
6-18
6-21
■?' Canadian Indemnity Co. (s-a
Canadian Industries, Ltd., com. (quar.)___
<};' 7% preferred (quar.)
—_
Canadian Ingersoll-Rand Co.
(quar.)
A:
Quarterly -■
___•
—__________—_
-Quarterly
Canadian Oil Cos., Ltd., 8% pfd. (quar.)__
;
5%
preferred (quar,)
-:4
4%
preferred (quar.)
__________
7-15
6-30
8IV4C
6-18
■
-
6-15
$3
a—
(quar.)_.
Lilnestone'&
Bessemer
6- 4
30c
(s-a)
com.
preferred (quari)
Benjamin Franklin Hotel
Watbft
1
1
Co.
6-10
preferred /(quar.)_
Class
5-31
Y.)
9-10
Oil
Cotton
1
______
;Q 37'/a C
Loan
$3.25
Beih-us
7-
2
(N.
7_15
7-1
$$1.12'/a
Ltd.—
V*Quarterly;$75c
i. Canadian General Electric Co., Ltd, (quar.)
V1 i $$2
/ Canadian Ice Machine Co., Ltd.—
5-31
50c
(quar.)..,——____
preferred
$6
7-
2
6-21
25c
1
t$2
Appliances
Corp.,
Industrial
7-
1
12-10
1
preferred
4^t%
7
115c
(quar.)_—
6%
5-29
$25c
v
j^___
(qu^r.)
Telephone Co. Of Canada
Bendix
6-26
7-
9-30
Canadian
6-15
(quar.)^-^*^-^*—. 50c
Beech Creek Railroad
Beech-Nut
25C
12-31
1
'
7
(quar.)_
$1.23
7-
______
7^ 7
A
$1.25
7-
...
6-
1
pfd.
:
7-
;
1
8-
preferred (quar.)—________
7-
Ltd.
6-21
7-
preferred (quar.)_
20c
Corp.,
6-30
75C
5%
Chickasha
50c
(quar.)
6-16
5%
343AC
Canadian Fairbanks-Morse
6-16
Common
6-15
$32 'Ac
"V
6-16
1
6-19
20c
(quar.)
6-21
1
6-15
(quar.)
pfd.
conv.
com.
7-1
7-
87'AC
(quar.)
(quar.)
series A (initial s-a)
(initial)..——____________
(quar.)_________
Co.
Canadian Food Products, common (quar.)___
Class
A
(quar.) ______——_—i.
1
6-10
1
6-15
1
Service
Co., 5'A%
S.)
6-18
7-
6-15
7-
preferred
7-
—
Canadian
7-
5%
$1.50
_____
6-18
7-
50c
(quar.)— z—
common
(quar.)
6-30
,
Foods
6-18
6-30
15c
6-10
1
Canadian Chemical
Co.,-Ltd,, pfd. (quar.)
7 Canadian Cottons, Ltd., common (quar.)___
6%
preferred (quar.)
'
2
1
_________________
6-15*
6-18
7-1
Extra
6-10
6-16*
7-1
7-
:
6-30
-
Beatrice
(accum.)
______
6-15*
7-
2
7-
Celanese, Ltd., common——
preferred
■(quarv)_-i.k_Li_-i^_w^L__j<-v
$1
f
6-18
1
50c
Chicago Pneumatic 'Tool, common.
$3 convertible preferred (quar.)
Chicago Rock Island & Pacific RR.—
6-15
Varnish
$1.75
15c
7-
$1.50
(quar.)
Canadian
6-30
(resumed)
1
7-
(quar.)
1
non-cum.
6-16
Co.
6-28
6-18
1
28'/8C
_______
pfd.
Participating
1
Manufacturing
6-18
7-
Chicago Burlington & Quincy RR
Chicago Mill & Lumber (quar.)
6-28
7-15
7-
$15c
_
(quar.);
Participating1
7-15
Oil Co. (increased quar,)
-- 15c
Bastian-Blessing Co,
——u**—% 75c
Bates Manufacturing CoV common—^——
i
.
50c
4V2% preferred (quar.)
S1.12V2
Baumahn (Ludwig)
& Co. com, (quar.Ucwa.- . - 25d
4»/2% 1st pfd. (s-a)
$2.25
Bausch & Lomb Optical
25c
4%
preferred
(quar.)
—j.—T?
$1
Co.
Co.
7-
Water
1st
7-
Bareco
7-15
Trust
&
Mfg.
62c
Bronze
£
-
6-28
Bank
(quar.)
preferred
7%
preferred (s-a)
" $$1.75
Barber Oil Cord—
I——50c
———
7-15
'
4
5
Chesebrough
Gas
Breweries,
5%
6-18
7-1
I
6-28
Inter-Terminal
tton-cum
5%
7-
30c
45c
?;
Chemical
conv.
Cincinnati
Canadian
5-29
$3.50
(quar.)
5%
Cincinnati
Canadian
6-17*
4-17
6-15
7-15
$35C
75c
'
(s-a)
Northern Power Corp., Ltd.
(quar.)
Permanent Mortgage Corp. (Toronto)
Canada
6-10
6-30
7-
25C
i
6-30
10c
common___^____
Machinery
Canada
6-10
Co.,
6-18
Canadian Canners,
Co.. (quar.)i——L-York-Fifth Ave. Bank (quar.)_
Trust
1
8-
Candy
6-10*
Southern
7-
6-21
$1.12%
2'Ac
6-15
Steamship Lines,
7- 1
6-14
2
$1.12'A
common
1
Canada
$1
6-30
*
preferred
1
Canada
Savings
Chase
$1.50
I
6-11
3'A%. convertible
1
6-19
■'
7"
15c
1
7-
31'Ac
7-
6-19
1
6-21
6-11
90c
6-19
50c
2.9c).
(quar.)
Co., Inc.—
7-
1
7-
Mfg.
Mfg.
7-
1
7-20
Valve
Master
50c
Quarterly
6- 8
1
i
-
(s-a)
pfd.
preferred
Canada
1
7-
31'Ac
preferred
7-
$1.75
•••
of
5%
7-
Co._^
7-
40c
preferred' (quar.)
Cherry Rivet Co. (quar.)
Chesapeake & Ohio Ry.,
(quar.)
Cement Co., Ltd.—
^
preference (quar.)
Dry Ginger Ale, common
$4.25
8
9-14
7- 1
Chefford
6-30
25c
(A.
1st
$1.30
12-14
$1.25
Chapman
6-11
6-30
Bread
Canada
8-
1
7-15
6-30
933/4C
3'Ac
;
class.'
■
5%
Manhatan
Bank of New
Barber-Ellis
Trust
6-15
31'AC
5c
(increased)'$1.25
the
Bankers
National
1
6-30
10c
31'Ac
M.)
•
of
7-
Champion Paper & Fibre—
$4.50 preferred
(quar.)
(quar.)
preferred
Canada
V
-
preferred (quar.)
•«
Bangor Hydro-Electric, common (quar.)-——
4 %
preferred (quar.)
-a,——ii—£
7% preferred (quar.)
:
6-15
;• 6-19
5c
10c
1
20c
v;
iis;-.
Co.—
1
1-2-49
10-
1
(quar.)_^._
3.6%
Company,
Forge
Canada
5%
Bank
H.)
(A.
5%;
8-10
(quar.):—
7-
7-
6-30
56'Ac
$1.75
pfd.
1
6-10
7-15
13c
10c
35b
6%
1
40c
6-17
6-15
class A (quar.'
7-
$1.50
Extra
Co.
(quar.)
Bldgs. 7%
non-cum.
4Va%
A;:
12-31
•c
6-30
7- 1
7-31
6-10
Products
$1.37 '/2
I.
$2.50
Canada
5
6-30
$1.05
„.ii.—_
RR.
(P.
Campbell
5-30
10-15
50c
50c
90C
5
1
62'Ac
Central Vioieta Sugaf—
Interim (less Cuban tax
$1.25
Electric
preferred
Camden
6-10
1-15-49
:
(quar.)_——
(quar.)
6'
$1.50
*
/t
i--J——
6-25
$1.50
(quar.)—
preferred
Bangor & Aroostook
6-25
..
■■/,: 7-15
.
6-17
(quar.)
5
6-
6-10
7-
6-16
1
6-
6-30
50C
6-30
1
___________
(quar.).
Terminal
California
1
*1.5U
6-21
6-21
3uc
quar.).
(quar.)—
1
■
(initial)
T. Financial Corp. (quar.)
California Electric Power $2.50 pfd.
'
$1.33
i_______———
1<fo
Extra •;
7-
37'Ac
-
Co.
Paper
7-
(increased quar.
preferred
Byers
6-25
merchandiseii
6-18
6-18
com.i._
Niagara
5%
C.
,
1
(quar.)i
(quar.) ___.—:
Works, common
Porcelain
Bancohio
9
(quar.)—_—
common
1%
;
7-
•''
6-11
6-30
$1
80c
Central
2c
5 %
6-21
6-25
;
$1
Locomotive
preferred
9
$1
vquar.j
pieferred
preferred
6%
•
Baldwin
;0.
6-21
6-30
30c
■
preferred
com,
new
Corp., 6% preferred
Manufacturing Co. 4'A%
,rv Butler
'
Company,
preferred
6-30
7-
25c
6-18
1
6% preierred (quar..
Central Ohio Light & Power (quar.)_.
6-13
7-
(quar.)
'
(quar.)--:;
'
Properties—
Payable in cash
:
e-15
lie
1
7-
(quar.)—
$1
/ Burnham
.
6-15
1
40c
Mills—
Paper
1
7-
25c
;
T.b'Inc. iquar.)_i
(B.
Badger
7-
8c
—
BabCock
1
6-30
50c
(quar.)
Axe-Houghton Fund "B", Inc.—
Ayshire Collerie's Corp. (quar.)
"-Extra
/.
1
6-15
'
I no
Fund,
?:
'
(monthly)
,
"
/
preferred
20C
:*
(quar.)
Co.
preferred
Bush
7-
10c
(B. P.)
Avery
6-18
tl5c
25c
3.50%
7-
(quat.)_
pfd.
Building Products, Ltd, (quari)-.,
Bulova
Watch
Co.
(quar.)
Burlington Steel Co., Ltd—
//J ice
Products^—iii—
Steel
Automobile
7-
(quar.)
—
6%
1™
5—
___
6-18
$1.02'/a
$1.12(A
pfd.
(Increased
6-30
1
Class B
A'.
———
—
1
—
18C
common
Company
Extra
i 5-28
6-30
€6y«c
Insurance Co. (Harciord) (quar.)
Automatic
preferred
$5
Buffalo
'
(quar.)„;
(quar.)
Co.,
preferred (quar.)
Buckeye Steel Castings,
Co., Ltd.—
Products
6-18
7-
Power, common
Certain-Teed
•'
k-4
$3.60
Co.,
Budget Finance Plan,
8-
1
7-30
7%
' /'.'
$1
7-
(quar.)
2
(quar.)___;—
preferred
Bucyrus-Erie
Atlas
Fabric
Shoe
(fe. L.)
3%%
6-29
$2
Atlas
Auto
Co
Brunswick-Balke-Collender
$2.50
;
preferred
7-15
_1—
Distillers,
preferred
6-30
(quar.)__
32'AC
Service
8-
Extra
,
6-30
.
(s-a)__—
1
Motor
Brown-Forman
6-30"
30c
Atlantic
4%
Broad Street Investing
50C
:
Public
$$1.50
__
(quar,)
$1.02'A
(quar.)
Light, 4'A%
fl5c
______
6-17
cbd,
preferred B
J40C
(quar.)
6-19
1
(quah)
t$1.50
(quar,)
$1.14
;—
A
20C
1st preferred
2nd preferred
6-19
1
7-
'
3
7-13
1
7-
$1
_
8- 2
■
,
Ltd
——
6%
$1/33
Atlantic
Atlantic
8
$4
Atchison, topeka & Santa Pe Ry. Co.—
5% non-cum. preferred (s-a)L--^—i___Athol
8-
t22'AC
-,
-—_—___,/
(quar.)
Co.
Products,
7- 2
7-
37'Ac
25C
Corp.; Ltd.—
(quar.)
British Columbia Telephone Co.—
Co.—
—
(accum.)
Investment
Forest
A
Brockway
*25c
__
telephone
Columbia
Class
6%
—:
Motion
Associated
8
Hardware Co., Ltd.—
(quar.)
Associated
—_
6-
2
preferred
4.10%
6-
7-
4.10%
6-19
(quar.)
Trust
&
Central Illindls Electric & Gas,
Co.—
(quar.) ______—f$l
Electric Ry. Co.;—
(s-a)
2'/he
Columbia
115c
'
—
7- 2
——
Columbia
British
——
^—
(quar.)_.
;'
_c_
—
6-30
Asbestos
30c
6-14
1
Co.
(quar.)-.i
Illinois
(T.-G.)
,
7-
$2
preferred
Central
7-
uj.—.—;
(quar.)
Extra
6%
6-16
6-15
1
2
6-30
80c
_ji—__________
6-30
Bright
7-15
6-20
(quar.)
6-30
Briggts Manufacturing Co.^
6-15
7-
A
Cothmon
6-20
6-30
7J
59%<J
Central
6-12
Central Handver Bank
t$1.5l)
$i.37Va
Hoidert
Payable of Rem
Co.—'
$4,75 preferred A (quar.)__i—
Fibrb Products Co., Inc.—
6-13
35C
6-i5
6-16
1
6-13
Shart
Electric & Gas
50c
1
6-30
______—
Centtkl
6-1$
6-16
6-ii
1
7-
preferred
convertible* prior
$6
t32*/aC
When
Per
Hahte of Company
6-13
7-ib
7-is
tl2Vac
7-
vquar.)__
——.'.
convertible
75C
6-30
(quar.)__
Co.,
B
37v2(5
iquar.)__
Holdert
j
tA
31V4C
,*
—
Bridgeport Brass Co. 5Vk% coriV. pid. (quari)
Bridgeport Gas,. Light (quar.)____
7-
4 y2%„ preferred (quar.)>
Class A (quar.)—_
Rubber
Class
Arnold
6-23
(quar.)____
(quar.)
(quar.
When
Payable of Bee.
aOc
_____
12-ia
(quar.—
Armco Steel Corp.,
Armour
pfd.
preferred
tiaaie
______
$1.30 preferred (qUar.)__-__'Braziilian Traction, Light & Power Co., Ltd.
6%
preferred
(quar.)
_)
9-24
—-
preferred
6%
A-ighi, $o prd.
Western
Armstrong
$5
Gas
&
.-j-l-
5%
6% prior preierred ^quar;)^
Brach- (E.<.jf.),-dt Sons (quar.)
Brantford CPit≥ Ltd., common
12-i8
6-30
(s-a)_
Arkansas
6-21
6-10
9-30
—-■»
Per
"j..:
Botany -Millss
^
6-21
12-23
preferred.
6%
Edison
1
12-23
,
-——
6%
Arizona
1
7-
6-30
(quar.)_____
common
«-16
NumnOlC&mpany iy
inc. nqw^wwii.^(lnitial)
-
6-23
Anglo-Newloundland
Art
49
Mim
Whin
i
25c
$50c
9-
1
7-17
5-27
8-21
6-
3
50
When
Per
Consolidated
Press,
Consolidated Retail
Continental
Baking
Co.
Can
Continental
Co.,
common
(quar.)
preferred
$5.50
(quar.)—
(quar.)—
(Chicago)
Assurance
—
+
■
•
—
L"
.1.
preferred- (quar.)
—
Gin Co., common—__—-4%%y preferred* (quar.)
Continental Oil Co. (Del.)
Continental-United Industries CO. (quar.)-
Co.-——:
6-30
25c
6-25
1J jc
$25c
5%
Cuban
4%%
Inc.,
Press,
v;
Debenture
5%
(quar.)—
3.70%
Co
Denman
6-14
6-18
6-10*
(accum.):—
Electric, Storage Battery Co?——'.
6-30
Electrical
6-14
6-18
Elliott
1
6-18
1
6-18
9-17
Ely
Car Co.
Motor
T
7%
6%
2nd
6-15
Emerson
Electric
7- 2
7-2
7-15
11-
11-15
5'
(quar.)
1
6-12
6-15
6-30
6-15
6-10:
.6-15
6
.
6-21
1-2
•
Dixie
Cup
Class
Co.,
A
(quar.)
Doehler-Jarvis
—
:
7-1
e-15
-
(accum,)
Dominion
Dairies, Ltd., com. (initial)——
preferred (quar.)
Foundry & Steel, Ltd, (quar.)—
Dominion Glass Co., Ltd., com. (quar.)
7%
preferred (quar.)——
—.—
Dominion Malting Co., Ltd.
2%
non-cum.
Dominion
Common
5%
(quar.)
preferred
(quar.)
Oilcloth
Dominion
Dominion
Square
Dominion
Steel
Dominion
Tar
Common
$1
v
&
Linoleum
Ltd.
Coal,
Ltd.,
6-21
&
Chemical,
'
common
6-
;7- 1
cuse/N.
Farrell
-6-16
6- 4
&
1
6-18
Faultless
7-
Federal
.•
Chemical
Dow
Co.,
(s-a)
7-1
1
10- 1
12-23
12-23
7- 6
Drug Co.,
7%
Drexel
Duke
7%
Dun
Furniture
Power
Co.
preferred
&
Co.
6-18
4j/4%.
8- 8
8-16
11-15
11-
.
8
(quar.)_
4'/2%
(quar.)
$4.50
$3.50
de
preferred
preferred
6-12
7-
1
6-19
Feltman
7-
1
6-12
Fernle
10-
1
9-11
6-10
6-11
Lighting,
is
Products
Extra
6-30
Fifth
6-30
New
7-2
6-10
shown
$25c
7-15
6-28 '
$35c
7-15
6-28
Avenue
7-30
(merged
Avenue
6-30
6-15
Fittings,
6-23
Florsheim
125c
8-
2
7-
2
8-
2
7-
2
J25c
7-
2
6-
1
7-
2
6-
4
7-15
6-15
7- 1
Corp.
Ltd.,
Class
$2
pfd.
class
Shoe
class
B
(cash
(quar.)
Food
Machinery
Corp.,
Foote
Bros.
&
Convertible
preferred
1
Foster
f
Wallace.
class
$3
&
Kleiser Co.,
Foster-Wheeler Corp.
A
class A pfd.
1
6-18
5-29
Foundation
1
6-19
Fraser
7-15
7-
Froedtert Grain & Malting Co., com.
7-
1
6-15
7-
1
6-15
7-
12%
6-16
6-18
7-
Fruit
7-
6%
Gair
&
Co.—
5-28
6-30
6-15
6%
6-30
6-15
6%
25c
7-31
7-19
*
(quar.)
(quar.)
5%
9
6%
dividend)
Co.
Steel
of
preferred
of
the
Ltd.
(D.
(quar.)—
Loom,
Inc. pfd.
(Robert)
$1.12Va
7-24
7- 9
87y2c
7-24
7-9
Garlock
$1.25
7-15
6-15
Gary
6-10
25c
6-30
7-7
6-25
tlV*c
7-2
6-2
_____:
V2 %
preferred
Company,
(Julius)
preferred
preferred
1
05-
(quar.)
common
(quar.)_
1
6-4
1 ;
6-18
7-
1
6-18
&
Co.,
-
7-22_
6-30
6-18
6-30
6-15
8-
2
7-20
8-
2
7-20
2
7-20
8-
75c
7-
1
6-24
$1.50
7-
1
6-20
7-
1
6-15
&
7-
1
6-15
7-
1
6-15
com.
Gulf
Gulf
6-18
7-
6-15
12%C
V
Hahn
$1
of
1
6-30
6-30
9-30
12-20
6-18
6-11
6-
6-30
6-1$
$1.25
6-30
6-16
7- 2
6-10
Zv/:$1
7-
1
6-21
lC
7-
1
\
Canada,
9-10
3
6-30
6-15
6-30
6-15
6-30
6-15
6-30
y
.
6-
7-
1
6-21
7-
1
6-14
7-
25c
-
6-
6-30
1
6-14
30c
7-15
6-21
15c
9-15
8-
10c
Works,
93 %c
6-23
6-10
Y.)-~
(N.
/
common
7
6-30
$30C
6-12
6-30'
6-12
6-30
$40c
$62 %c
6-12
6-10
10c
6-23
$1.50
6-21
5-24
7-
2
6-10
7- 2
6-10
7-
(quar.)
pfd
(quar.)
non-cum.
40c
$1.75
Ltd.—
1
6-15
7- 2
6-18
$75c
6-30
$12%C
(quar.)
(Winnipeg)
(quar.)
5-31
1
$5c
7-
2
0-
$1.50
7-
1
6-11
25C
7-
1
6-
7
$1.06%
7-
7
Ltd
6%
pfd.
(quar.)_
(quar.)
1
6-
75C
7-
1
6-14
50c
8-
2
7-15
$1.25
(quar.)
(quar.)__
7-
1
6-25
$1-25
J
■>
10-
(quar.).
y;
—
1
6-15
6-29
$1
1
7-
1
%
preferred
6-17
6-
7-
1
9
6-19
6-29
$1.50
(quar.)
75c
$6
6-18
6-22
1
7-
$3
—
7-
$1.25
(irreg.)
common
preferred
5-28
7-
100%
...
(quar.)___
6%
9-25
35c
Corp.—
—
Co.,
1
6-21
6- 1
f
$1.50
(quar.)
7-
1
6-21
$25c
9-
1
7-31
Brass
Ltd.,
Co.,
4%
Company,
preferred
: 7-1
$30C
common—
preference
20c
$1
(quar.)
■
1
6-15
7-
1
6-15
..
Quarterly
4y4%
Bridge
Ltd—
Co..
Paper,
:——
Oil Co.
I Class A
Class
(cash
dividend)
(Stock
Hanover
Fire
(M.
Hanna
Harding
Insurance
(N.
Winkle-Munning
A.)
Coraoany,
6-10
0-10
6-30
0-1O
6-30
6-10
6-30
in
class
Harnischfeger
Corp.,
6%
common
6-10
6-30
6-10
A
(quar.)__
30c
7-
25c
6-30
6-15
(quar.)_
$1.50
7-20
7-
$20c
7-
2
6-15
15c
7-
1
6-21
$1.25
7-
1
6-21
$1.37%
8-
2
7-20
$1.37%
Y.)
11-
1
10-20
7-15
6-30
Co
pfd.
(quar.).—
Ltd.
Carpets.
6-15
7-1
4%
Hanson-Van
12-10
7-1
;
payable
dividend)
2
$1.12%
V4%
dividend)
(cash
7-
5
9-10
...
dividend
B
12-20
$12%C
1
$1
(quar.)
of Calif.—..
(quar.)
preferred
Hancock
9-20
6-
6-21
$1.06%
preferred
4y2%
25c
37 %c
Printing Co. (quar.)
Halliburton Oil Well Cementing Co.—
F.)
6-10
7-
37 %C
(W.
6-10
7-1
$50C
(s-a)_
(quar.)_
common
(quar.)
1
6-17
6
6-19
6-25
7
.
".'Vy 50c
6-11
12-
6-21
6-30
;
Co,
common
participating
Haloid
7-15
7-
6-10
7-15
>;
7-31
3
6-10
7-
$1
;
(quar.)
(quar.)
Power Co.,
7-15
6-
7-
:■
40c
Oypsum Lime St Alabastine of Canada, Ltd.—
7-31
10c
,
6-18
7-
—
(Increased)
System.
Co.
Realty,
Oil
Corp
Hammermul
25c
$1.60
7-
(quar.)___.
preferred
Guilford
Hamilton
28yac
Co.
Ltd.
Co.,
Guaranty Trust Co.
6-30.
37V2c
343'ac
(quar.)
$1
$1.12%
a'
(quar.)____
Co.
Sugar, common
(quar.)
preferred
6-30
1
4
6-18
1
$1.50
___:
Co.,
dividend
Guantanamo Sugar
6-23
7-
6-
6-19
7-
$1
Aircraft Engineering
7-26
30c
Co,
6- 4
1
6-30
25C
Watch
6-30
30c
(quar.)
(quar.)
1
7-
Western
\ 7-22
30c
7-
62 %c
Stock
$5
7-31
10c
35c
$1.75
J
preferred
Grumman
/
7-
7y2c
6-10
Corp.
Stock
_______
1
20c
i
Water
1st
5%
Gruen
7
7-
1
6-15
7-
Brewery Co._„
Tanning
(quar.)
Cooper, 5% 1st pfd. (quar.)___
Grinnell
1
1
,
(quar.),
1st pfd. (accum.)
Gatineau Power Co., Ltd., com.
(quar.)
5%
preferred
(quar.)
5%%
preferred
(quar.)
Packing
(T.)
7-
$1.50
6-
6-30
-
common_II:_____
Wire Co.,
(B.)
55c
(s-a)
...
6-21
40c
common
preferred
12%c
;_
50c
$$3.75
$75c
(quar.)
6-10
$1.50
(s-a)_____
(quar.)
Ry.
Felt
$35c
(quar.)
preferred (quar.)
preferred (quar.)
preferred (quar.)
5 V2 %
37,/ac
Co.—
convertible
Garfincbel
4
B.)
Ltd.
(quar.)
6-16
6-30
:
7-
6-16
1
15c
56 %C
common
(quar.)
25c
Canada,
5-28
9
10c
Nemours
Pressed
Companies,
Fuller
6-15
25c
1
1
1
37%c
7-
6-28
7-
\
Hall
7-
87 %c
Industries___
2nd
Griggs
4
15c
,
'
6-29
Paper Co., Ltd.—
(increased)
West
6%
6-18
37%c
______
(quar.)
(quar.)—
7-
$2.20
1
15c
prior preferred (quar.)
Fostoria
6-
7-
15c
(quar.)
15c
6-15
Great West Saddlery Co., Ltd.
37V2c
1st pfd.
6-15
Griess-Pfleger
25c
.
6-30
Quarterly
/ 75c
>
6-15
$1.12%
:
common
Co.
Greyhound Corp..
y4%
preferred
130c
!
(quar.)_
com.
50c
25c
';■
Common
6%
:
1
B
Greenwich
7-
I2V2C
75c
3
$20
_—— —
(quar.)
Foreign Light & Power, 6%
&
$2
quar.)
A
Greening
6-22
35c
*
6-21
1
7-
/
Griesedieck
common,
Machine,
Forbes
1
6-15
;
6-19
7-
6-11
25c
Gear
Extra
6-10
7-
6-11
6-25
6-30
____—;
6-19
7-15
6-25
■::-/y 15c
$1.06V4
——
1
7-
(quar.)
Insurance
convertible
50c
$1
(initial
1
7-15
6-15
_____—_:
Products, preferred
Follansbee Steel Corp.—
6-30
1
2
(quar.)—
7-
$1.50
(quar.)___
pfd.
Great West Life Assurance Co.
New
A..—..;——.
7-
7-
7-
(s-a)_.
A
Co.,
6-30
7-15
6-15
(s-a)
7V2C
9-30
7- 2
1
75c
125c
1
6-15
Stores
Flotill
6-10
6-
2
J25c
56 %C
Co._____________________
Co.,
preferred
Great
1
7-
;
6-21
6-21
(quar.)
Rubber
&
Western
7%
'3
First
National
of
(initial)
Inc.
First
7-21
6-12
Bank.
Building,
of
9
York
6-22
Great
announcement
Bank
name
7-
7-15
10-
pfd. (quar.)..
with Bank of
Dividend
7- 9
t50c
:
4V4%
Pennsylvania
First National Bank (N, Y.)
J25c
;
—
new
Broadway
Co.
6-12
(quar.)
Bank
under
York-Fifth
6-22
1
•
1
1
~
Greafr Northern
40c
Ltd.—
7-
7-
(quar.)
(quar.)
Lakes Plating Co.
Great
-7-
—————————
& Co.
York).
Finance
1
Inc.
(Marshall)
Fifty
6-15
V 6-17
Class
6-14
25c
(quar.)
pfd.
(quar.
preferred
Class
20c
Canada,
(quar.)
Co.,
American
Lakes
/
6-16
80c
—
7-15
1
*
Fidelity Fund,
7-15
8-
of
preferred
7-
...
6-30
6-24
t$ 1
P.)
T.)
Common
6-16
/ 6-24
i
6-15
:
(quar.)_
City Steel
(W.
Lakes
7-21
1
62%c
1
7-20
$1.25
common
Fisheries,
Great
%
Co.—
6-15
(quar.)
Mines
Great
20c
Stores
1
7-
-
25C
6%
Great Lakes Engineering
1
(annual)
....
6-23
t$1.25
Shoe
Ltd.
1
3c
$1.50
(quar.)
Brewing,
7-21
,
Curme
preferred
6-
7-21
7-
—
.
Quarterly
6-17
7-31
(B.
3%%.
7-
(s-a).
7-
150
15C
15c
Lumber—
Co.
Co., Ltd.,
preferred (quar.)
Great
8-12
60c
(quar.)..
:
Field
1
Mfg.
6-10
6-22
Co.,
preferred
Grant
6-25
7
6-18
6-18
___________________
Telegraph
Brothers, Inc.,
Goodyear Tire
Ltd..; (quar.)
*
7-31:
6-30
6-30
Co._:_______^
State
Granite
35c
pfd.
6%
,
6-15
„
933/4c
$1.06%
preferred
Insurance
Grandview
12'/2c
—
Extra
1
8-
Co.,
6-25
6-30
$1.06V4
—
Co
Extra
5%
125c
&
Tarrant
6-26
162 V2c
1st pfd. (quar.)
Duval Texas Sulphur Co.
Eason Oil Co. (quar.)
East Leduc Oil Co., Ltd. (initial)
Duquesne
&
8-10
Ltd.—
Products.^.
I.)
Felt
Brewing
J.)
—
*
7-15
50c
(quar.)
(N. Y.)
$1.75
pfd.
Dunlop Tire & Rubber Goods,
5%
1st preference (s-a)
(E.
(John
(quar.)
—
6-18
(quar.)
$6
Distillers
Gorton-Pew
1
1
6-18
6-30
(quar.>____
Co.,
preferred-
$5
8-
7-
1
III
_______
Stock
$2.50
6-10
8-16
(initial)
Company,
preferred
i
&
Golden
6-10
6-30
6-18
7-
8
100%
Coal
Falls
Goldblatt
$1
$1.12Va
(quar.)
com._
Corporation
(Frank)
Felin
'6-25
3%
Pont
Fehr
Gold
6- 5
10c
15c
„
(quar.)
Bonus
du
preferred
Publications
5
5
6-23
15c
$1.50
$$1*
(quar.)
com.
$1.75
(quar.)
International, Inc. (quar.)
Dunlop Rubber, Ltd., Ordinary (annual)
Duplan
convertible
1
$1
preferred
Bradstreet,
Steel
Stores,
'
6-
i .7- 3
50c
$1-
6-15
1
$1.06%
Knitting Works (quar.)___
Globe-Wernicke, 7% preferred (quar.)
Godchaux Sugars, class A__________
$4.50 prior preferred (quar.)
..
t
1
7-
Globe
9-15
.
7-
"/V:
preferred
Alden
4y2 %
6-19
1
55c
6-
Co.—
(quar.)
Products Co., 4ya%
0-30
7-
6-12
i
Plywood &
Power
Glidden
6-11
6-23
& Smelting—
Truck Co.
Department
Federated
37V2C
$75c
$12y2c
$44c
$35c
81V4C
Dunhlll
Dunn
Motor
Z
6-30
81%C
preferred
Glenmore
6-
6-26
6-23*
50c
(quar.)____
preferred
Glen
6-10
...
6-30
Refrigerator Co.
(quar.)
Gilbert (A. C.) Co.. $3.50 pfd. (quar.)
Glen-Gery Shale Brick Corp. (quar.)_
6- 4
1
6-10
30c
Gibson
6-18
6-30
1
:
common
Gerber
6-18
6-29
6-10
7-
(N. Y.)__
dividend
conv.
$5
1
7-
1
Fund of Boston
Pacific
Georgia
6-28
7-
7-15
7-
6-29
(quar.)
New
7
6-30
25C
50c
(quar.)
$1
6-19
7-15
10- 1
'■i 6-23
(s-a).
6-30
2
8-16
40c
(quar.)
B
Stock
11-15
1
10c
6% preferred (quar.):
75c
preferred
Draper Corp. (quar.)
Corporation, 4%
Mining
Federal
Federated
12-
1
-
7-1
Federal
/
$2.50
$2.50
' • 15c
(quar,)
•
Federal Fire Insurance Co. of Canada
25c
$3.25
Dow
Inc.
Federal Chemical Co.,
5-28
5%
$3
common
Dravo
Shops,
6-11
2
8-
(quar.).
com.
(quar.)
A
Georgia
8-13
1
—.
6-18
2yac
preferred A (quar.),
2nd preferred (quar.)
$4
Co.—
8-
(quar.)
preferred
Class
6-11
9- 1
7-
(quar.)—:
1
6-10
"
—
Dover & Rockaway RR.
Inc.
Rubber
Bake
1
6-30
15c
6-21
J40c
(quar.)
Lomason, common
Extra
Park.
6-38
Brewing
Class
6-21
7-
Inc._
2
20c
(quar.)
George Putnam
6-18
1
15c
-!-
6-25
J15c
8
7-
Co.
preferred
preferred
Goodrich
(initial).
com.
new
6-11*
8-
(quar.)
preferred
4V4%
(Syra¬
...
Frocks,
7-
6-15
120c
7-
Co.,
Time Instruments
3 % %
6-15
30c
—
Fashion
6-25
181.75
1
56V4C
t25c
37%o
(quar.)
Birmingham Co.,
Fashion
7-1
(quar.)_.
——(.—
Dominion Textile Co., Ltd., com. (quar.)
7%
preferred (quar.)
Donneil & Mudge, Ltd., common
Class A (quar.)——————
—
Douglas
Y.)
Extra
25c
62V2c
preferred
7*
$50c
10c
; ■
6-18
(quar.)
Refractories
3%%
—
—
Quarterly
1
6-30
6-30
Fibre
(quar.)
7-
$10c*'
Farmers St Traders Life Insurance Co.
'
(quar.)
c
6-19
/'..25c
Canadian, Ltd.-f(quar.)—..
Candy Shops (quar.);.
Federation Bank & Trust Co.
(quar.)———- :
B (s-a)-
6-15
1
J25c
12%c
'
1
class
1
7-
Ltd.—
Mines,
7-
(quar.):
7-
$1.25
$1.25
........
Nickel
Fanny Farmer
-
6-15
65c
Semi-annual
J25c
Corp.,
&
t
;
1
4%
Glens
6-19
-
7-
5c
-
1
6-30
$1.50
Signal
General Tire & Rubber
;V^V;
—
7-
(quar.)
tquar.)
Utilities
preferred
$2.25
,6-21
6-10
6-30
7-
6-23
6-15
6-15
Falconbridge
20c
:
6-30
6-30
6-30
,
6-1$
preferred (quar.)
convertible preferred
Common
25c
$1.75
75c
50c
1
—
(quar.)—
Dominion Coal Cos., Ltd., 6% pfd.
Corp,
6-21
6-21
$1.60
(quar.).——?.—..
1
'
Corp.—
1
1
6-15
1
'V
(quar.)
common
General
7-
6-28*
7-
$2.62%
$2.62y2
convertible
com.
6-28*
7-
Giorgio
6-14
7-
Ex-Cell-O Corp.
6-16
6-30
DLsney
6%
6-30
1
preferred
7- a
7-
$1
General'Reinsurance Corp.
General Telephone Corp.,
4.40% preferred (quar.)
Derrick it Equipment—
4.16%
2
$1.50
6-10
62'/2c
683/»c
Products, Co.
(quar.)...
Eversharp, Inc., 5% preferred (quar.)
Excelsior Insurance Co. (Syracuse, N. Y.)
2
91.37%
(quar.)
1
7-15
Evans
preferred
7-
7-
7-
7- 6
8-
25c
General
5-
6-30
6-10*
25c
6-10
25c
—
6-10*
1
8-
Co
1
6-30
6-12
1
7-
Corp%—
7-
7-31
1
6-10
7-
-
$1.25
,
(quar.)
Cement
Service
6%
6-30
7-
6-18
1
7-2
25c
6-18
12-31
6-23
6-2S
7-
93 %C
6-30
7-26
6-10
"
Railway
$1 1 25-49
6-25
*
General
20c
—
7- 1
75c,
(quar.):
6-18
$1
6-30
(quar.)
1
7-15
Corp., 20c
Equity Fund, Inc.
Erie & Pittsburgh RR.—
5% preferred A (quar.).
5% preferred A (quar.)
Estabrooks (TJ H.) Co., Ltd.—
0-1$
8
Corp.
7-
$6
$4
70c
Equity
6-15
$1.25
Public
(quar.)
6-11
1
7-20
(extra)
common
General
25c
$2.75
-
7-
25c
0-15
$1.50 $1.50
$1.75
•
75c
—
6-15
$1.25
(quar.)
6-14
(quar.)——.—
6-21
5% "pfd.
6-10
60c
50c
Products, Ltd
preferred (s-a)
(quar.)
——
1
40c
Corp. * (quar.)
preferred (quar')
$1 conv. 2nd preferred
—
Heating
7-
$1.75
$1
preferred
(s-a)
:
Co., 8% preferred (quar.)—
&
f
.___——
1
convertible preferred
Enamel
6-
Co.
1
convertible preferred
6- 4
1
37y2c
7-
7-
$1.25 •;
Mfg.
7-15
7-
25c
(quar.)
6-30
4%
1
Paint
Public
(s-a).
9-17
7-31
Corp.—
Portland
'
1
3c
Co.,
preferred
General
6-15
4%
7-
Motors
preferred
Genesee
10c
——
6-25
4
6-
9-
*
6-18
10-
12 %0
"
6-28
9
8- 2
1
6-30
50c
50c
75c
25c
$1.50
$3.75
General
Co., common (quar.)
1% preferred (quar.)——.—...
Empire Trust Co. (quar.)...
——.
Emporium Capwell Co
Emsco
7-20
2
8-14
7-
$2
$5
0-10
General
Drug
^ ,
Fruit Corp., $3 pfd. (s-a)
(Walt) Productions—
preferred (accum.)
6% convertible preferred (accum.)——
District Theatres Corp. (quar.)————
Di
pfd.
Emerson
&
Famous-Players
(s-a)
. -
Stove
6-30
6-19
—
Family Finance Corp. com.-;
4% %
preferred A
(quar.).—.
preferred (quar.)—
preferred (quar.)
participating preferred (S-a)—-—-
Diamond
5%
9-17
10-
6-15
6-19
...
6-10
non-cum,
8%
com
6-10
non-cum.
8%
—_—
Co.
Water
Company
6-18
12V2c
1
7-15
7-
7-16
(quar.)__
1
(quar,)..
6-18
;
General
preferred
6-30
(Seattle) —
preferred (quar.) —
5%% preferred (quar.) —
Elmira & Wllliamsport RR., 7%
7-
5%
1
*
(Calif.)
(s-a).
Corp.
1
$1
6-15
7-
...—.—.
Ellzabethtown
►
5%
*
Products
1
International
Detroit-Michigan
Consolidated
Products
Quarterly
1
%
'
-
6-24
2
7-1
(quar.) __:
7-
preferred
6-14
8-
6-15
preferred
7- 1
7-
2
8-
$2
75c
6% preferred (quar.)—
Electric Power it Light $6 pfd. (accum.)—
above
Detroit Hillsdale & South Western RR.
'Mill?, Inc.,
"
6-25
8-
$2
60c
Ferries,
7-15
Bridge——
40c
payment is classed as a dis-w"
tribution, -not a dividend.
Devoe 81 Raynolds, class A (quar,)50c
Class
B
(quar.)—
—<
25c
Deep Rock Oil Corp. (quar.)——
50c
Delaware & Hudson Co, (quar.)•/■-%'
$1
Dentists Supply (N. Y.) —
7%
pieferred (quar.)
_
——
$1.75
7% preferred
(quar.)__
.—
$1.75
7%
preferred (quar.)——
$1.75
General
Mfg....———„
12,/aC
5 7/10c
5% convertible preferred (quar.)—Deposited Bank Shares "B-l"_——:
& Brass, com, (quar.)—
This
Electric
&
6-21
/
,
Instrument
....
6-30
Detroit Aluminum
Detroit
Controller
6-30
$1
Industries
General
$1.12%-*
:
25c
"
"
General
7%
$1.06*A
i:—
6-18
•
•
6-19
(quar.)
common
Co..:.
50c
(quar.)
—————————
Long Hook & Eye Co. (quar.)——-Tire & Rubber, common iquar.)—
De
(quar.)
Auto-Lite
92y2c
4%'pfd.
(quar.)
preferred
Electric
Delta
Lights
Power &
Delaware
preferred
Paso Natural Gas,
Electric
$7
J
6-15
"
$i.06y4
(quar.)_:
6-25
10c*
5-26
15c
common
General Electric, Co
General Fireproofing
6-19
6-19-
$5.50
2
7-
(quar.)—2—-I—15c "'
Delay Stores, Inc.
El
4
6-19
'
'
50c
75c
50c
12'/2C
$2'
; 21c
1
*
>6%- preferred
(Texas)
7-
preference (s-a) ——-1—152.50
Records, Inc. (reduced)—2—:
12y2c
.
Decca
6-14
*
9-30
25c
—
2
6-30
-
Walker Dry Goods Co.—
1st preferred (s-a)—
_f5c
87%c
Michigan RR.,. 8%. pfd. (quar.)—
& Securities Corp. of Canada— ; /.•'/./
Dayton &
6-10
'
i.—'——.,y- 125c;.
Corp.
7-
Co.,
20c
;
—
(quar.)
10-
75c
$3,12 h
—.'
50c
25c
Darlington Manufacturing —.—15c
Davega Stores Corp., common (s-a)——
50c.
5% preferred (quar.)————25c
David & Frere,- Ltd., class A (quar.)——
125c
Controls
Co
7"
15c
common—-—
Chemical
6-
Electric
Paso
$4.50
6-19
v
preferred (accum.)
Curtlss-Wright, class A
D. w. G. Cigar Corp
Extra
El
6-30
$7
Davison
6-19
Electrical
$1.12%
(quar.)————
Publishing Co., $4 prior pfd. (quar.)-
Curtis
2
Manufacturing
7-1
jv
General
25c
participating preferred
VA%
7- 2
$2.50
preferred
3%%
Elder
7-1
50c
Corp.
Cuneo
1
6-12
7- 1
$L25
$1.25.
(quar.)-
Packing Co., common (quar.)——.
preferred
(quar-.)
—
(s-a)-»-—-———
•——-■
Cudahy
Culver
6-21
6-15
7-
"
5
Bros., Stores—
Edison
1
'
(quar.)
6-
25c
Ltd.,* ordinary.:.
Corp.,
6-24
81-7S
*-'A
1
*
7-
(quar.)
0-30
**'-**•
(s-a)__—...
Trust, Ltd.___.~
Investment
Electric
$2
7-
Co.
25c
—.—...
Corp. com.
6-30
(quar.)
Co., common
6-21
1
7-2
'♦
Box
-•
Paper Corp. (irreg.)
Edgewater Steel Co. (monthly)....—
7-
General
.<
Fund.......—_
Fund
Stock
Howard
prior preferred
6%
-
'
preferred
(quar.)-;
——-—r-—
preferred (quar.)—Tobacco Co., 5% preferred (accum.) _
5'/
Balanced
Eddy
6-30
««c
toe
6- 5
f*
6-18
75C
Baking Co., common
preferred (quar.)_
$8
preferred (quar.)
General
Bottlers,
Inc
1
6-30
6-18
1
$8
7-
6-30
6-21
1
7-
General
1
_
1
7-
American
7-
V, 25c
p
;
6-21
6-21
$l<jc
Co.
Cuban Atlantic Sugar
g-24
...
7-
$2.50
25c
"
7-
$L»®
American Sugar
■%.%/',:.//
(irreg.)
———————
7%
Si
Eaton Paper
6-30
8 7/ac
4
4
7-
10c
commoQ____
Transportation—
Common
(quar.)
,1
$4.25 preferred series A (quar.)
6-18
»-J25c
*
25c
-
Ecuadorian
7-
" 87%C
of America—
(quar.)
Forster, 8% preferred (quar.)—
Ltd.
6-10
7-
66-
1
75c
(quar.)
(quar.)
35c
$1.50
6-30
&
preferred
preferred
Eaton
6-10
Economic
$1.31 A
1
1
common—...
7-16
Common
7%
ft
6-10
14
6-21
ooc
—
Electric Corp.
77-
Investors,
50c
(quar.)
Howard
Eaton
Holdert
Payable of Rec.
$1.12%
American
General
7-15
2
8-
7-
'
Extra
7
Share
preferred
'
B
Common
•
6-10
6-25
25c
^
preferred
Cuban
6-
$3
General
1
9-
9-15
$1.40
,
(s-a)—•
Easy Washing Machine Corp., com. A (quar.)
Extra
—'...
—V
6-15
-
Co.,
preferred
(quar.)
Washing Machine* Co.,
Easy
6-lt.
-
Kodak
Eastman
6-15
7-1
6-15
$1.20
(accum.)..
B
preferred (being called for redemption
on July
1 at $52.50 plus dividend).
6-11^
1
6-15
1
$2
6-15*
6-28
(quar.)—.—55c
Crowley Milner & Co., $3 prior pfd. (s-a):- '
$1.50
Crown Cork International, class A (accum.)
40c
Crown Life Insurance Co, (Toronto)
(quar.)
t$5
Crown Zellerbach Corp., common
——
40c
&
6-11*
7-1
'
6%
Crowell-Collier Publishing
Crum
X
pfd. A
$7
(accum.)
Steamship Lines (quar.)
Eastern
6-11*
B
preferred
$6
1
7-
$1.50
$1.50
(quar.)
(accum.)
Corp.,
States
Eastern
1
,
Knowles Loom Works—
preferred
(quar.)
5%
6-13
■
■
preferred (quar.)
Corning Glass Works, common——
3%% preferred series 1945 (quar.)
3%% preferred series 1947 (quar.)
Coronet Phosphate Co
—r-—-—
Craddock Shoe, 5%. preferred (s-a) +——
Craig Bit Co., Ltd., 5% preferred (S-a)—
Crain <R. L.), Ltd.
(quar.)—
——
Crane Co., common
(quar.)—
———
Creameries of America, Inc. (quar.)
Crucible Steel
6-11
6%
81-*3
$5.25
Crompton
1
1- 1
.
(quar.) -—
-
preferred
Company
Manufacturing Co.—
participating preferred A
$4.50
1st preferred A
7-
$3* prior preferred" (quar.).:—r 75c
Range
6%
7-
5%
Copper
6-15
7-
Common" (quar.)
Cornell-DubiUer
2
.
Continental
Cooper-Bessemer. Corp., common
Eastern
6-30
03
$3,75 preferred
(quar.)
Continental Foundry & Machine—
6-15
When
Per
Name of
Massachusetts Street Ry.-—
1
7-
7-
$1.12%'
$1.50
prior preferred (quar.):.
preferred (accum.)—
«%
.,i,„
.
6%
Holdert
When
Gemmer
4Va%'
6-18
Monday, June 21,,, 1948
Payable of Rec.
Share
Fuel Associates—
&
7-
$l.l2va
30c
25c
81.37/2
(quar.)
preferred
84.50
Continental
6-18
1
'
of Company
7-
Co.
Power
Consumers
1
1
7-
50c
182
•
6-15
7-
£3c
(quar.)—-----Consolidated Steel Corp.—
Consumers Gas Co. (Toronto)
(quar.)_—-—
preferred
4*/4%
Name
Eastern Gas
1
7-
CHRONICLE
Per
Holdert
Payable of Rec.
Share
Ltd., class A (quar.)__ " 116 >/4c
Stores, common (quar.)_
30c
Name of Company
& FINANCIAL
COMMERCIAL
THE
(2730)
.
$30c
$$1.25
$$1.38
5%
1
2nd
Harris
1
6-
1
5'/2 %
7-
1
6-
1
5.1/2%
7-
1
6-
1
(A.)
preferred
&
Co.
(quar.)
,
preferred (quar.)
preferred
(quar.)
Harrisburg Gas,
4y2%
preferred
(quar.)
$1.12%
Volume 167
THE
Number 4709
When
Per
Share
flame of Company
Harrisburg
Steel
Harris-Seybold -Co., .common
Hartford
6-14
35c
6-25
6-15
6-25
6-15
tlOc
6-30
5-27'
80c
7-12
6-16
7-
6-15
.—
$5j,.prefeired (quar.);
Battery Co., Ltd
Hart, Schaffner & Marx
Hart
—i
—.
Fire. Insurance, (quar.)—,
1
75c
Cfass
non-voting
B
Heine
(H.
Glass
preferred
1
8-
1
7-
7-
1
45c
7-
1
6-15
91«/4C
7-
1
6-15
__
7-
25c
Helena Rubinstein, class. A (quar.)
15c
Helper (Waiter E.) & Co., common (quar.),.
*
;
4% preferred
$1
(quar,)..
:
_
_—
SVafy
preferred .(quar.)
—' $1.37^
.Helme
W.)
(George
Co.,
common—
products,
HeakelrClauss, ,$6
Cement
Motors
Corp..'
Hlbbard
Spencer,
Monthly 1
Highland-Bell
Hinde
Dauch
&
Hinde
7-
6-
4%
.
Johnson,
Oil
Refining
Company,
Holder's,
&
125C
7-
2
6-15
7-
6-21
6-21
7-
6-21
1
50c
(quar.)
$25c
7-, 2
Hoskihs
50c
7-
6-18
$6c
6-30
6-
:
$6
5
preferred
HoUston
Common
6-2,
$1
7-
1
6-18
■
50c
preferred
5%
Houston
Howell
Oil
7-
1
6-12
'1
■
Class
A
preferied
8-
2
7-20
$1.50
convertible
7-
1
6-18
Class
B
;
-
6-26
6-11
7-
30c
$1.50
'>
'6- 1
2
6-20
1
f
7-
56'AC
,s
6-16
6-30
Kerr
Addison
Gold
"■■■■
7-1
f$l
5-318-13
A
A
A
;
1
30c
6-30
6-18
$1.50
6-30
6-18
^
common...
—...—
;
$1.25
:
—
6-30
6-19
$1.25
——
9-30
9-20
1 7- 2 'A
$$1,25
'
'6-15
7-
5
6-14
40c
0-30
6-12
7- 1 !
6-U
7-
1
$2
.'
6-18
Co.,
preferred
4%
6%
convertible
Marlhv-Rockwejl
6-14
Marsh
7r 1
,
6-14
Marshall Field
1
6-15
7-
1
6-15
7-
1
6-15
Labatt
6-15
Laclede
$10c
6-30
5-18
La
I25c
8-
2
6-22
Lambert
7-30
6-29
Lamsop
25c
6-30
6-11
1
6-24
25C
6-30
6-18
30c
6-30
37 %C
7-
1
1
6-14
(quar.)__„
preferred (s-g)
Steel
Co
7-
1
7-
1
6-15
6-29
5-31
7-
1
0-24
7-
1
$1.50
Company
&
$2.50
"
20c
dividend
Co.,
6-17
9-
Loan
•
$3
■
.
7-
1
1
10-
1
$1.50
to approval)
class
6%
Meadville
$2.50
Leduc-West
6-10
6-
preferred
Lees
2
Oil
(James)
Co,,
Ltd.
7-15
10-15
6-30
6-15
1
1st preferred (s-a)
Mercantile Stores, 7% preferred
6-20
Merchants
6-10
7-
6-30
15c
Si Sons Co.—
6-17
York
Merck
50c
7-
1
(quar.)—
6-18
6-30
6-15
$3.50 preferred (quar.)
....
Mergenthaler Linotype Co...
7-
1'
6-17
Mesta
Machine
2
6-21
Metal
Forming
2
Metal
7- 1
6-21
7
m
r+
fx**
6-20
6-25
6-15
Liberty Life Insurance
6-20
Quarterly
25c
7-
1
6-18
7- 1
6-18
Liggett Si
7- 1
6-18
Lima-Hamilton
7-15 "
6-15
Av;
A
Llncom
AAA 35c
7-15
International, Metal Industries, Ltd.—
plqss A (guar.)
4Ya9o preferred (quar.)—z————--
$400
7- 2
11.12 %
7-15
6-30
6-30
6-18
6-30
6-15
6-30
7-
1
6-10
7-
1
6-10
7- 2
6- 2
$4c
06 %c
8-
25c
^..;
A
7-15
Insurance -S
1'
6-21
6-21
7- 1
6-22
7- 1
6-10
7- 1
6-15
8-
1
7-24
U- 1
10-23
yi
30c
Lincoln Telephone & Telegraph Co.—
Common
(initial
Class
International
•Common
Minerals &
7"2
:A
Chemicals Corp.—
i
«- 9
6-30
37 %c
(quar.)
6-18
"
preferred
4%
(quar,)-
| *l
Intefnational Nickel Co. of Canada—<
7io pfd. ($100 par) (quar.)
•»
t$1.76
8-
2
A
7-
8-
2
A
7*
6
$4
"
preferred
(quar.)
International .Silver
International
Increased
Co,,
Utilities
7%
pfd.
7-10
6-30
37 %C
quar.).
A,
quarterly
Corp.
(quar.)
Stores
preference
preferred (accum.)—
■8(^2'% preferred
(accum.)
IYp- preferred A (accum.)-
•
1
A 7- 1 %
7-10
6-30
6-14
8-12*
6-16
0-25
6-15
9-
1
6-15
7-15
6-15
$1.50
7-
1
6-15
$1.62%
7-
1
6-15
$1.75
7-
1
6-15
$75c
•:
6-21
5-28
7-
8C
Selective Fund———
& Light, 3.30% pfd. (quar.) —
Fireman Manufacturing
(quar.)-——
1
6-15
9-
1
8-10
12-
1
11-10
'
82 %c
"
30c
:
—
Ironer Co., 55c conv. pfd. (quar.)_;
Trust Co. (N. Y.) (quar.)
Creek Coal Co., common (increased)
preferred (quar.)——-—
Ironrite
Irying
Island
Jaeger Machine Co.
(extra)
Common
Lone
Lord
30c
,
13
*7-31
7-15
20C
7-
1
6-
75c
7-
1
6-21
$1.50
7-
1
6-21
7-20
630
40c
7
——..
Star
&
Taylor
Corp. (quar.)......—
(quar.)—
8-24
3-10-49
2-24
9-10
8-24
12-10
11-24
3-10-49
2-24
prior preferred (quar.)..
prior preferred (quar.)
Miller Mfg. Co., common (quar.)..
,
.
$1
Class
(D.
J.), common
preferred
(s-a)
5%
Angeles Transit Lines (quar.)
Louisville Gas & Electric Co. (Del.)—Class
A
B
Minneapolis-Mollne
$6.50
preferred
Oil
Power
...
Implement
Lowney
(M.)
&
preferred A
(W.
M-)
Sons
Power,
Portland
$4,60 preferred
Oo,, Ltd.
—
1
1
6-18
7-
1
6-18
15c
7-
1
6-15
7-
$30c
6-15
5-31
7-
25c
6-15
6-30
,
1
7- 1
02 %C
6-10
1
6-30
6-
$1.75
8-15
7-31
7-
1
6-15
6-30
6-20
50c
8
6-30
6-20
7-
1
6-11
7-
1
6-11
-
6-
6-25
7-
4
1
6-16
6-21
6-10
$1.75
6-30
0-21
6-30
6-21
07%c
7-
6-
1
4
6-30
6-10
10c
7-
6-15
7-
1
6-15
1
7-15,
7-
1
'A
6-15
8-2
,
15c
7-
1
60c
7-
1
60c
7- 1
6-11
7-
1
6-11
7-
1
6-11
7-
1
0-15
6-10
preferred
(quar.
Mojud Hosiery Co., 5 % preferred (quar.)
Molson's Brewery, Ltd. (quar.).,———_■
6-15
6-30
6-30
6-10
7-
1
6-15
Monongahela Valley Water Co.—
7%
preferred (quar.)—
7-
1
6-15
Monroe
6-30
6-11
5%
6-11
7-
1
7-
1
6-10
7- 1
6-10
6-17
6-30
6-16
7-20
6-15
4Va %
10-
2
9-20
7-
2
6-20
10- 2
9-20
6-18
6-30
2%C
6-30
15c
7-15
7-
20c
7-
1
6-16
56 %c
7-
1
6-16
6-18
6
25c
6-30
6-
4
$1.75
6-30
6-
4
7-
1
6-15
,7-15
6-22
8-15
7-30
6-30
6-19
$1.15
7-
1
6-15
6-15
6-25
7- 2
6-16
$2
$25c
7* 1
6-
7- 2
6-20
37 %c
7- 1
6-18
7,
1
6-18
7-
1
$1.22%
62 %c
$35c
1
6-15
$-25
6-4
7-
1
6-18
$25c
7-
1
$$1.12%
6-31
6-31
7- 2
6-15
$1.75
(quar.)
7- 1
$$1.80
common
preference
(quar.)
Life Assurance Co.
Monarch
6-14
6-20
12 %c
America*-*—-
Knitting Co., Ltd.,
25c
7- 1
7- 2
:
50c
(s-a) —
Modern Containers, Ltd., class A (quar.)
Mobile Gas Service, common (quar.).
...
4.90%
56%0
$76C
Cement
S.) Co., Ltd. (quar.).
Birmingham RR., 4% pfd.
6-18
A':
7-20
6-15
$7V2C
7-15
6-30
3G/4C
7-15
6-30
$1.25
7-15
0-30
$1.06
7-1
6-21
7-15
7- 1
7-
6-18
(Winnepeg)-—
Semi-annual
Auto
Equipment
(quar.)*
Monroe Chemical Co., $3.50 pfd. (quar.)*—
Montana-Dakota Utilities Co. com. (qur.)*_
$4.20 preferred (quar.)
Montgomery Ward & Co., common (quar.).
preferred
A
(quar,).........
7-15
6-15
1
6-18
——
Montreal
(quar.)
62 %C
87 %c
20c
$1.05
50e
1-
1
I
6-15
7- 1
6-15
7-
6-15
1
7-15
6-
7
•1.75
...—
Locomotive
Works, Ltd. (quar.).,.
Montreal Refrigerating & Storage, Ltd.——
Montreal Telegraph Co. (quar.)...———
Moore Corporation, Ltd., common (quar.).—
4%
preferred
7%
preferred
7-
1
6- 7
$20c
7-
2
6-
$25c
30c
7-
Moore
4%
convertible
7-
1
6-15
(quar.)
preferred
7%
Consolidated,
(quar.).:
Cafeterias
preferred
$30c
6-30
6-14
$48c
7-15
6-15
$75c
7- 2
5-28
$25c
7-
2
5-28
7-
2
6-28
7- 2
6-28
7-
1
0-15
*9%C
7^ 1
6-15
59%C
6-30
6-15
^
$1.50
6-30
6-20
—
$1.75
7-
6-24
——
(quar.)...—
(quar..—
common
Morris Paper Mills, 4%% preferred
Morris Plan Bank (New Haven)
Morrison
$3
.....r—
(quar.)
Drop Forging,
4
t$1.75
(quar.).
A
7%' preferred
Lynchburgh & Abingdon Telegraph Co.—
Semi-annual
7-
7-
$1.62%
(quar.)
(J.
&
2
...-
.
(quar.U,.
Ludwig Baumann (see Baumann)
Clock Mfg. Co,—
Lux
7-15
Co.-—
—
(Kansas)
6-28
25c
—
6-21
$1.10
(accum.)
Co.
Mitchell
Mobile
Class
(quar.).—
4%%
6-10
1
35c
25c
7-
37%c
Loulsyille Gap & Electric (Ky), common—
5% preferred ($25 par) (quar,)..:
5 %' preferred
(quar.)
Lowensteln
1
7-
,
'(quar,).—J
Class
6-18
7-
$1
1
$1.06%
......
Monarch
12 %C
Los
75c
10c
6-15
,
7-
(quar.).—
6-28
25c
6-21*
6-18
7%c
...
(quar.)
Miller-Wohl Co., Inc., common (quar.)....
4% % preferred (quar.)
Millers Falls Co., common
(quar.)...
7%
prior preferred (quar.)....
Molybdenum Corp. of
61.75
6-30
6-30
6-30
25C
A
6-10
$2.50
(P.) Co., common..,,.
preferred (quar
6-15
35c
25c
...——
$1
7-15
$15c
1
6-15
62 %c
25o
t$l
•
1
7-20
50c
—:—
Common
Mississippi
11-24
87 %c
Cement
Lorillard
7%
(quar.)———
...
preferred
6-16
0-10
:$20c
7-
\
$2
common.—.
37 %c
(quar.)„..._._______.^_.._.£,.
Theatres, Ltd. (quar.)....
Hosiery Mills, Ltd. class A (quar.)
7-
6*12
50c
Co.,
50c
Extra
7-
1
Products
40c
CO.
14c
$$1
$1.10
com...r,n_.—.
Company (quar.)
Rubber Reclaiming Co.—
(quar.)...
Miller & Hart, Inc.
4%%
1
7"
50c
(quar
1
15c
—
Products
$2 non-cum. preferred
8% preferred (quar.)
Mission
50C
(quar.).............
Lockheed Aircraft Corp, (resumed
7-15 •'
9-15
6-15
50c
—.
(Marcus)
7-
Steel
6-15
12-10
$1.10
7-
30c
(quar.)..r...___,wgrw_.A#,
20c
Locke Steel-Chain
Inc.
,
Midland
Missouri
—
50C
,
6-15
1
7-1
J50C
$1.50
—*
75c
London
40c
(quar.)
Food
preferred
6-30
$1.10
Semi-anpual
Loew's
1
1
6-30
$1.10
Guaranteed
Loew's
;
25C
37 %c
*
Special
6-15
25c
————————
,
6-
Little Schuylkill Navigation RR. & Coal Co.—
6-15
-
$6
?
6-30
!'
—
t$4 •■A A 7- 1
A ' 7-15
6-30
13 %c
75c
' " t
Guaranteed. (quar.)..
Guaranteed (quar.)
6-30
50c
Power
Quarterly
9-
•
$1.50
Investors
Iron
1
Power—'
6%
Iowa
7'
5
V
'
$2.40
Mllliron's
....
....
Special
Special
10c
—
—««—
——
§%, convertible
6-
RR., Co.—
capital
capital
capital
preferred
Miokelberry's
com
—
5
A" A 6-15
Miami
Original
Original
$1.25
Investment Co, of Amerida (quar.)——
Investment Foundation, Ltd.—
Iowa Electric Light Si
1
6-
6-15*
1
■
$1.20
Interstate Telephone Co., $6 pfd. (quar.)—
Intertype
25C
^
(The) Company, pommon—
Department
A;
'
Original
5
>*
5% -prior preferred; (quar.)
Interstate
7-
A 7-
75c
43%C
(quar.)_-
Corp.—
0-
6-30
.i,": 75c
A:
,
Interstate Bakeries, $4.80 preferred (quar.)Interstate
6-30
25C
AAV H
-----——zr
Co.^———r»
6-30
$l':v
.
Salt (Co.——
Shoe
:
t"'
r.-^——
International
Little
.
International Paper Co.—
*
Cominon .(Increased quar.)
International
|
6
t8%c
:
7^'^preferred ($5 par)' (quar.)——_——-.Extra
A
B
Lindsay (C. W.) & Co., Ltd.—
:
6%% preferred (accum.)
Lion Oil Co. (increased quar.)..*.
Lipe-Rollway Corp., class A—
........
;
$1 convertible preferred (quar.)
Llpton (T. J.), Inc., 6% pfd. (quar.)
...
6-18
6-2°': A
40c
(quar.)
6« 9
6-15
1
7-1
7-
10c
Corp....,—...
Electric
&
Extra
....
7
Midwest
.
.
4.4%
Gas
Common
Quarterly
6-15
(quar.)
Midvale
15c
,
7
6-
$1.13%
(quar.)„__
—-
Bumper
Michigan
6-30
30c
Life
pfd.
7%
6-15
7-
10c
10c
Corp.,
6-15
6-
$-30
62 %c
Michigan Associated Telephone Corp.—
6%
preferred
(quar.)
Michigan
7-6
$1.75
(quar.)
1
6-30
75c
A
(quar.),
Michaels Brothers
6-15
7- 1
30c
pfd.
7,
87 %c
Disintegrating Co., Inc.—
4%% preferred (quar.).—
Metropolitan Edison Co., 3.90% pfd.
Metropolitan Paving Brick Co.
1
7-
30c
18 %c
1
60c
Corp.
Thermit
6-11
7-
Metals
7-31
7-
$2
AA:
2
7-20
$25c
_______
National
6-15
(Greenville, S. C.)—
Tobacco, 7%
Corp. (quar.)
Quarterly
6-30
62 %C
—
Myers
&
(quar.)____—
,
*1
—
20e
20c
50c
'
^
fp0»f'..
t$2 ;;7- 2
$$4,7-2
$37%C
6-15
0-10
7-15
$1.50
A
Lexington Union Statiqn Co., 4% pfd. (s-a)
Liberty Loan Corp. (Chicago) com. (quar.)
75c conv. pfd.
(quar.)..
....
International pronze Powders, Ltd.participating preferred (quar.)International; Harvester, Co.-* '
'
t
New common. (Initial quar.) —--
2
7- 2
:
50c
$3
6-
,
7-
t25c
:25C
6-16
15c
8-
Co.
6-30
10c
Co., Inc. com.
7-
$$1.50
;A
k-
&
6-11
20c
(quar.)..
Merchants Bank of New
Extra
...
«*•
A
6-18
10%
62 %C
:-ui
„
class
(quar.)...
6-15
'
2
0-15
6-30
$1.25
7- 2
7-
.
5c
37%c
'
■A1
(initial)
preferred
(quar.)
Lefcoyrt Realty Corp...—.....
Lewis Bros., Ltd. (quar.)_
5%
Acceptance,
7- 2
5c
-
1
,;
...
3.$5%
—
2
10c
•
(quar.)
-t—
Telephone Co., 5% pfd. (s-aA-—
Meichers Distillers, Ltd. 6% par tic. pfd. (s-a)
Mengel Company com. (quar.)——
8-
'.75C
A
(quar.)..
6-30*
_
Extra
6-15
11-
.participating preferred
(s-a)____
& Company, common
(quar.).....
Leath
(increased)..
$1.75
A (quar.)
7-15
A
—
6-11
9-15
6-11.
75c
Co., preferred (s-a)*
$1.75
—
6-30
(quar.)
6-11
,
11-15
88C
...
&
6-22
50C
.
6-21
1
7-
25c
$75c
„
6- 4
'
7-
(quar.)
$1.25
——
1
&
1
$1.50
McKesspn & Robbins, $4 preferred (quar.).
McQuay-Novris Mfg. Co., common (quar.)—
4V4% preferred (quar.)...
Mead Johnson & Co,, (quar.
6-30
IE)
6-11
12-
12 %C
_____
(quar.)
p.) & Co., class B
1
«
6-15
6-30
(F.
(A.
7-
37 %c
McKee
preferred
0-26
1
$1.12%
Co.,
convertible
$-26
7- 1
7-
31 %C
McGraw
$3.50
7- 1
$1.75
(quar.)
;
$-19
52 %c
-
Co.—
preferred
(quar.)
common
6-15
1
$1.05
;
(quar.),
6-20
7- 1
7-
6o
$$1.25
6-11
$1
.
(subject
(quar.)
200
Monotype Machine Co. (special)..
Title Insurance Co. (Va.) —
Common
(increased s-a)
6-10
6-30
20c:
1
6-18
75c
6-30
7-
J25c
Lanston
6-10
6-30
7" 1
$$1.25
7-
$1
7-15
Lawyers
9-13
6-30
'
B
8-10
;;^3o
$50<r
Class
6-12
1
1
f; $1.25 ' .10- 1
$$1.06% A
6-20
20c
6-11
40c
common..
Langendorf United Bakeries,
6-17
' 7-
$1.25
1
$1.50
6-11
15c
•;
(quar.)...
..........
Investment Co.—
(Samia, Ontario)
(s-a)
Lang (John A.) Si Sons, Ltd. (quar.)
2
1
7- 1
$1.25
6-18
7-
Co.)
&
1
$1,50
...
7-
7-15
7-
$1
(Marshall)
Ltd., preferred (s-a)-—*—
McCasKey Register Co., common..
4%% preferred
McColl-Frontenac Oil Co., Ltd.-r4% preferred (quar.)....
McCord Corp,, $2.50 preferred (quar.).
McCrory Stores Corp. com. (quar.)..
6-15
6-21
Ml
7-15
$1
Manufacturing
McBrlne
r6-18
"
1' 1
40C
7- 1
7- 1
25c
v.
preferred
Lamton
6- 4
,
v
1
7-
20c
.
.
preferred
7-
$1
$1.12%
30c
.
(quar.)
Sessions
Stock
6-16
1
7-
31 Vac
(see Field
preferred
,6-30
1
7- 1
7-15
*
Company,
6%
2
$17%C
Corp.
(quar.)
convertible
McJBee
12-30
35C
(quar.)
(quar.)....
5%
1
9-
$2.50
.
Industries.; 4 %
7-
$1.75
Sons
preferred
McAleer
1
7-15
25c
preferred
7%
1
J3C
-
France
6-16
9-15
$2.50
2nd
1
50c
pfd.
prlpr
7-15
20c
8
7-
6-19
i
$20c
...
Maryland Drydock Co.—
New common (Initial quar.)
4%% preferred (quar.)
Mathieson Chemical Corp., common....
6-14
7-
6-
1
50c
....
6-15
2
Ltd.—
Marshall-Wells Co., common..
6% preferred (quar.)
;
Martel Mills Corp., common....
6%
preferred
(quar.)____
Mar-Tex Realization
Marven's, Lt^„ 5% preferred (quar.)..,
Maryland Casualty Co,—
$2.10 prior preferred (s-a) r...*
$1.05 convertible preferred (s-a)
1
'
7-
ft
(M.)
6-22
1
$1.75
—
....
1-
25c
6-15
1
7-15
$1.25
$1
I
$1.12%
(quar.).___
Tool, 6% conv. pfd. (s-a)—_.*.
(John). Co.,.Ltd. (quar.)...
Gas Light..——..........
6-15
50c
$25C
20C
7- 1
7-
—
1
$1.03%
;
Basjcet, Inc. com. (qqar.)
preferred A (quar.)
6-30
$1.25
4%% preferred (quar.)____
King-Seeley Corp., common (extra
5% convertible preferred (quar.)........
Klngsport Press, Inc. (quar.)__
;
Knapp-Monarch Co.
(quar.).
^
Koppers Company, common—
!*—_..
4%
preferred (quar.)_
Kroger Co., 6% 1st pfd. (quar.)..........
6% 1st preferred (quar.)
7% 2nd preferred (quar.)
7% 2nd preferred (quar.)
Kropp Forge Co.__.__,
Kuppenhelmer (B.) Co. (s-a)
.5'
6-25
„ 25c
Telephone,
preferred (quar.)
7-
,
$1.75
(s-a)
(Walter) & Co..
;
Kimberly-Clark Corp.
common
Laclede
;
Telegraph ft:
Common (quar.)
7-15
$1.25
7-
*
Midland Corp
1J*_
Marion Power Shovel Co., 7% pfd. (accum.)
Marion ,Water Co., 7% preferred (quar.)...
Maritime
1
(Toronto)
Market
Kidde
40c
7-
Co.
Marine
7%
7-
$1.25
...
62 V2 c
Kut-Kwlck
$1.183/4
(s-a)_„
Semi-annual
6-18
7- I
25c
preferred
Manuigcturers Trust Cp. (quar.)
Maple Leaf Gardens, Ltd.
Marathon Corp., 5% preferred (quar.)
Marchnnt Calculating Machine Co. (quar.)..
6-18
.....
,
——_—
(auar >
7-15
.....
:
12-20
12-30
tl$ 5
—-
—
(quar.)
preferred
t2Qc
Mines—
7- 1
,5 .$75c
1^.—
Fibre
5%
9-13
$25c
common—
preferred (quar.) __1—__—
.5%
preferred (quar.)*-—
.A^ArIngersoll-Rand Co. 6% pfd. (s-a)
—**.
Inland Investors. Inc. Unterim)
—_
Inspiration Consolidated Copper—
Insurance Co. of North America (S-a)__—
Inter-City Baking, Ltd
Intercolonial Coal, Ltd., com.
(resumed)
,non-qum.
quar.)_
25c
5-31
Co..
1
Corp..
Keystone Pipe Si Supply, 5%
fa,
6%
(James R.)
Keyes
Interjake Steamship CP,-i--__——
Inter-Mountain Telephone CO., com.
7-
6-
6-16
9% preferred (s-a)
Inter-Island Steam Navigation
7-15
dividend)—,
6-16
,
*
$1.50
6-30
(cash
common
6-25
.
.4%
(quar.)_
6-
7-10
(quar.)
4
37 %C
6-30
Illinois Commercial Telephone Co.—
$4.75
preferred (quar.)
————
Imperial Paper, Si Color Corp. (extra)~
Imperial Tobacco Cp. of Canada^Common ? (interim)
A-A-A.
4% preferred (quar.)—_—
Incorporated Investors _.—————
Independent pneumatic Tool Co.——
Indiana & Michigan Electric—
;
.
4;% % preferred (quar.)
Indianapolis Power ft .Light CO,—i
Common (quar.)
4% -preferred (quar.)_—*_l_-—-——
5%
preferred (quar.) —
Indianapolis Water, class A (quar.)——*r
$% preferred A (quar.) —
—
5% preferred A (quar.)
—
Industrial Acceptance Corp., Ltd.—
Common
4
6-
(quar}
A
6-30
Illinois Central RR. (Leased Lines)—,
4%■' guaranteed (s-a)
6-
6-30
Kerney
35C
Co.
9-25
1
7-
6-17
1
Hyple Bark Breweries Association, Inc.—
Cement
10- 1
7- 3
Company, $4.50 preferred (quar.).
$1.12%
25c
Copper Co. (quar.)
Special 1
—'
50c
Kerite Company (stock dividend)
20%
New
I
,»•
0-25
1
Kennecott
A'
Hudson Bay Mining. & Smelting, Ltd,_______
Ideal
class
$1
,
6-25
7-
7-31
7-
...—
25c
preferred (quar.).,,—__
5%
preferred (quar.)——
Huron & Erie Mortgage Corp.—
(London, Ont.)
(quar.)-—-—
7- 2
7-14
7-
5%
7-31
6-15
$2
20C
5%
$$6
soc
7-31
7-31
6-24
62y3e
Huttig, Sash ft Door
*
'
5%
preferred
(qpar.)——
Manufacturers Life Insurance
1
6-19
-
Co.,
6-21
7-31
50c
*
8-16
6-15
6-22
6-30
'
20c
...
8-31
6-30
6-17
Kendall
•
....
7-
1
6-21
-
25c
25c
(quar.)....,
7-15
7-
6-21
7-
Garden
6-30
$4
;
Square
7
25c
7-
6-30
7-15
$1.06%
75c
7- 1
6-10
6-
Maltine Co., 4%% conv. preferred (quar.).
Manhattan Financial Corp. elp s A <s-a)_.
$1.75
6-30
6-30
7-1
7-15
7-19
7% preferred (quar.)__*.__
Kearney (James R.) Corp., 6% pfd. (s-a)Kelley Island Lime & Transportation
Kelling Nut Co., 6% preferred (quar.)____.
Kelsey-Hayes Wheel Co.—
'
V
50c
t—**
Humphreys Manufacturing
$% 'preferred (quar.)
6- 7
2
37 %c
25c
—
(s-a)
6-21
8-
c
(increased quar.)
6-23
J25C
$7c
50C
20C
-
$12.50
7-
6-12
6-18
common.........
25c
(increased)——
Hubbard Felt Co., Ltd.,
6-19
"
1
•'
-
(Texas)
1
$1.50
Co....-........*.-—
(quar.)
7-
Gas—
Kaynee Company, cpmmon
30e
Motors
Magor Car Corp.
Mahoning Coal Railroad,
87 %C
:
preferred (quar.)
preferred (quar.)
(quar.)_,
Drug Co., $4.50 preferred
Kawneer Co.
(resumed)
6-30
Gas, .'common—
Co.
Electric
Madison
6-15
5%
(increased)
7-
__________
"
preferred
$1.12 Va
(quar.).
;
(quar.)*
25c
CO, (Brooklyn)i
Co.——7-—•
Natural
6-15
6-15
$1
Katz
6-10
1
13%c
...
(quar.)
1
$1.25
(incrd.
preferred
7-
(s-a)
preferred
Natural
6-16
6-30
(quar.).
common
>
1
$5
Inc.; (quar.)
Mfg.
55c
6-30
(quar.)
Kansas-Nebraska
Ltd.—
>
preferred
6-30
A.
$1
»•;
Kansas Electric Power, 5%
Kansas Gas & Electric, 1%
"
(quar.)
Hotel -pibson, S% preferred (quar.)
HopdaiHe-Hershey Cprp.—
$2.g5 convertible preferred (quar.)
1
1-
50c
$12 %c
(quar.)_„„
Macy (R. H.) & Co..—^
Mading Drug Stores Co,,
10c
common
(E.) Sons Co., common
5% preferred (quar.).:
l
Kapsas City Southern Ry. Co.—
5-31
„rr
.
7-
75c
(Initial).
Ltd.—
—
50c
(quar.)
Kahn's
1
7-1
35C
6-17
,
6-15
20c
Laughlin Steel,
(quar.)
Joplin Water Works, 6%
7-20
Hardart (N. JO (quar.)
Horqeri (Frank, W.), Ltd.— 7 ;
Class1 A (increased quar.)-.
1
$1.75
preferred
4%
Horn, 4k
7-
Co.,
(quar.).„_.
B
Holders
Payable pf Reo.
*
$1
B
Journal Publishing Co., Ltd.
25c
416%. preferred
$1.50
A
Class
6-15
common*—
•
(quar.)
Bearing-..—I—————
Ball
Hoover
Co.,
9-15
Drugs, Inc.
Hoover
1
Export
Class
6-15
7-
60o
preferred
1
Si
5%
50c
Hook
6-30
(quar.)___
10-
Whitney, $4 pfd. (quar-)--.
Co., Ltd.__r-———
Title Guaranty
Home
8%
preferred
15c
——;——1
Holjingsworth &
Holmps (D. H.)
&
:
7*5
6-$0
Quarterly.
$1.25
(stock dividend)_„_
$1.50
Mines,
(quar.)
Common
5
7-30
Gold
5-28
93 3/4
6-15
25c
Consolidated
7-
$1.25
2nd preferred series
Johnson
•
Stores, pref.
2nd
3%%
5
(quar.)..—__—.„—
Co.
Furnace
Hollinger
1
Brown
Johnson
6-19
6-19
,$3c
Co.
Xl3/4%
(quar.)
6-
—,—
ft Dauch Paper Co. (Canada)
Holland
6-19
6-30
Bartlett Si Co.
Paper
MacMiJlan
(quar.)
common
1
——
1
...I..,
J
Co., Ltd. (irreg.)—„
"
Jim
-
Co.,
preferred
1
Corp,, (quar.)
Hercules
6-21
1
Tea
7-
-
preferred " (quar.
Hercules
$1.50 participating preferred...
Mack Trucks, Inc., new common
5-28
(quar.)
7-
■
Ltd..
5-28
1
15c
—
J....:
5-28
R.)
51
Inc.—
7-
Lake
3% %
Jones
(quar.) I....:....-
Quar/jrly *_*
Hendershot Paper
Jewel
Publications,
(H.
When
Share
7-
Sulphur
(resumed (
Jersey Farm Baking Co., 4% pfd. (quar.)_
•
Cmpnny
7-
(quar.)
$1.75
7% preferred
(quar.)*—
Hemisphere International Co.-—
Orleans
MacFadden
Xl3/4 %
Jeannette Glass Co., 7%
pfd» (quar.)
Jefferspn Electric Co. (quar.)__^
i-n*
6-30
$1
'A'
.
preferred
Jefferson
6-30
"
New
1st
"A"
Per
flnme of
5-28
'
(quar.)—_
common
(quar.)_____
7-
25c
preferred
6%
1
30c
5%
7-15
$1.50
'
Holdert
7-
xm.75
XI3/4%
preferredl D (quar.)
Water Supply, $5 preferred
Jaraestpwn Telephone Corp.—
6-15
$1.12y2
(quar.).
com.
(2731)
PnvaW Qf Rec.
t25c
.
5%
6-15
:_a,
—__
Sharf
Jamaica
6-21
25c
(quar.)
Company,
J.)
3.05%
Co,
1
1
(final)-
common
4 % %i preferred
(quar,> ..J..
Hawj?y>Pulp £ Paper, ,$6 2nd pfd.
Hazel-Atlas
77-
Company
Jamaica Public Service, Ltd.,
7% preferred A (quar.)
7%
preferred B (quar.)
5% preferred C (quar.)
Hartman Tobacco Co.
53 non-cym.- preference
(quar.)
—
Hat Corp. of America,' class A common—,
When
Per
flame of
6-28
,—
FINANCIAL. CHRONICLE
Holder»
Payable,pf Rec
50c
(quar.)..
25c
$1.25
Corp.
COMMERCIAL &
t$1.75
15C
Inc.—
1
Mount Diablo Oil, Mining
(quar.)
Co,
'
Extra
Mueller
Brass
8-14
6-29
6-15
25C
7-
1
6-15
Nonquitt Mills
**•—*'
Nopco Chemical Co...
—
Normetal Mining Corp., Ltd..—*
25C
(quar.)———
————
8-14
9- 3
30c
Co.—————————'
Corp., common
9- 3
lc
*—*-—
————
.
lc
****—X*
7» 1
6-15
North American Car Corp.—
41.78
$- 1
12'/aC
$7 preferred (quar.) —
;—
—
Munising Wood Products, common (quar.)*
6% convertible preferred (quar.)—;
—
6-30
4-14
6-15
►
6-17
6-21
6-10
North
preferred
——
87%#
12-23
preferred
87 Vic
7- 1
preferred**..
:—***..——
20c
10- 1
80c priqy .preferred..**,
20w Y
12-23
80c prior preferred**—*»—*..—**—20c.
7-15
North American Refractories Co...*—-—*—
' 15C
7-2
North Star Oil. Ltd., 7% pfd. (accum.)
t8%c
0-21
Northern Indiana Fublic Service, common.—
30c
7- 1
6-19
50C
7- 1
6-21
250,
6*30
6-11
50C
41.50
6-2$
9-24
12.28
12-18
7-15
6-30
4l/a%
6-19
37yaC
7- 1
6-15
1st preferred-^—;-—-—— "
Insurance (Conn.) (quar.)...
Electric
&
-
Grocers
|l.5Q preferred
(quar.)
*********** ******
"
Co.——**_*/**X,
^
v ;
Gypsum
9
7-15
6-30
I- 2
7- 9
1
'
9
6-
6-19
7-
7-
7-15
?
v
"
7
•*
.0-1
7-22
10-30
10-20
6-30
6-21
6-30
0-16 :
6-15
6-28
7
"•
6-18
*
7- 6
7-
1
6-
7-
1
0-
9
'•X 7- I
6-
0
$37ViC
v-' 25c
7- i
6-14
7- 1
Class A
(quar.)—.
$150
1-2-49
9-
3
,
12-3
1
6-
4
$15c
10- 1
9-
3
T7c
7-21
250
8-30
7-
315c
'
_v—
Investors
National
Lead
Corp..——***x//_x**/*
Co.,
(quar.)
common
4%% preferred (quar.)
5% preferred (quar.)
Malleable
National
St
Steel
7
Pacific
Public
Pacific
Telephone &
:
i
''
'■
6-15
7-10
6-18*
The
30.
estimates of
Bond
8eries
amounts
7-1
6-20
Panhandle
$1.23
8-15
7-31
37 Vie
7-1
0-15
15c
6-2
7- 1
6-
0-30
.
7-1
5c
6^24
6-10
50C
7- 1
6-15
7-16
7-1
$1.25
7-15
6-30
Low-Priced
Common
Stock
Series
7-15
0-30
X'/'/\0C.7"
;**.
'
-
Automobile''Shares
Metal' Shares:
Steel
Shares,
First Mutual
6-30
7-18
6-30
70
7-15
6-30
10c
•
Trust Fund—
7-15
7c
7-15
0-80
i.
7«
-—*«****/***/'*-/
—.r..—****i_**x
—
0-18
■
following sell
ex-distribution
on
July 3D.' The amounts are prelimlnary estimates of such distributions.
Balanced
Beries
Preferred
Stock
—
7-15
7-15
50C
6-30
6-18
7-
6-15
1
/•7- 1
6-26
•-15
7-30
12C
Series—.i.
Series
Stock
10c
8-15
7-30
12C
Trade
National
Shares—...
Standard
*_..*****..***,:
Co.
(quar.)
National Steel Car, Ltd.
(quar.) /////X,.;**/.
National Sugar Refining Co. (quar.)
National Supply Co., common (quar.) **/*._.
4%% preferred (quar.)___
National Tea Co.; 4(4% preferred (quar.)*
3.8%
preferred (quar.)
National Terminals Corp.*.
Nattonal Transit Pump & Machine Co.—
'v
50c
8-15
7-30
7-30
7-30
7-
7c
Retail
Shares—
7-30
8-15
7c
Equipment
7-30
8-15
7C
Railroad
'
8-15
8-15
...«*_/.**.*/-**/——
Selected Group Series..——.
Railroad Shares.. /-/-/•*_..**//*//.*»/**//.. X':"
6-15
1
■
337 Vie
7-15
50©
7-1
0-15
250
7-1
0-17
;
$1.12 Vi
6-15
7-1
6-17
8-15
8-
5
8-15
8-
5 :
25c
6-30
0-15
15c
7- I
6-15
50C
7-
6-
53 Vic
•
47 Vic
;
'
Interim
____
Natomas
Co.
...
(s-a)
....*x*
—
■
Nehl Corporation (quar.)
Nekeosa-Edwards Paper Co.
25c
7-1
convertible preferred (quar.)
England Laundries, $6-pfd. (quar.)..*
______
—
4(4%
convertible
preferred
(quar!)
$1
7-
1
7-1
8-2
50c
6-25
6-
4
1
6%
preferred A
(accum.)...
1
0-15
7-
5c
preferred
7-1
6- 8
,•:.'
*6-25
20c
6-15
1
6-18
6-30
6-12
7-
$1
5o
preferred
New York
Niagara
=
I
File
Weaving*
Ltd
Co.
25c
$4.50
1st
preferred
6-7
Pickle
6-10
Pierce
7:
1
6-24
6-30
6-15
6-
9
5
7- 9
6-10
6-14
6-11
6-11
6-10
6-10
6-15
6-15
6-15
6-30
6-
8
6%
Rieke
6- 5
9-15
7- 1
6rll
7-
6-11
1
Crow
Gold
Governor
6-
Class
1
-
6-14
6-15
1
Pillsbury Mills,
Pilot
Full
30c
Pitney-Bowes,; Inc.,
6-26
6-16
414%
—
7- 1
6-10
$1
7-1
6-11
$40c
,7- 2
50c
7- I
6-
8
Inc.
6-15
Co...—.......
6-30
(quar.)
3.
7-15
6-30
Pocahontas
Fuel
Co.,
&
7-
6-15
6-18
Corp.
(P. L.)
series
Russell
6-16
6-23
6-14
7- 1
6-15
25c
7-15
6-30
15C
7-1
6-15
50c
6-28
6- 4#
$17V2C
7-1
6-18
$1
7-t
5-25
1
8-13
12-1
11-12
7-1
6-21
7-1
6-25
9-
6-15
7-1
7-1
6- 3
7-
6-
1
8
7- 1
6-30
6-10
8- 2
7-15
6-10
7-15
8-2
:
6-21
,
6-10
9-20
9-10
7-1
6-10
7-2
6-10
7-
;■
6-10
7- 2
6-10
$1.50
1
7-12
$1.31%
8-2
12 ViC
7-1
6-15
7-1
6-21*"
25C
■
7-
$1.37%
.
1
6-21*"
.
6-10
7-1
90c
7-
'''7;" 50cx
6-10
1
8-2
7-15
$1.75
7-
1
6-15
$1.75
10-
1
$1.75
$1.75
7-
1
6-15
10-
1
0-15
6-23
5-25
50c
50c
X75c
7-
9-15
50c
1
6-lt
6-29
6-14
7-1
;;
.
6-1T
1
7-
$1.50
-
*6-185
7-1
6-183
350C
7- 2
6-14-
$50c
7-2
6-14
20c
7-1
e-is*-
$1.25,
,
6-15*-
1
2
7-1:
7-
1
6-2L 3
7-
$10c
78-
29HC7
•
'7,:7,/>V: "$2X,7
1
■
;
$1.12%
9-10
25c
(quar.)—
St Co.,.
Ltd!-*- XV"
'■.•
6-15V"
'
A
preferred
(F.
C.)
Company,
(quar.)
-
1
6-19'
7-1
25C
,.
7-1
.
7-
1
6-15*
6-15»
6-15*.
(
«-10>
8-17
6-10*
15c
7-1
6-lt
30C
7-1
6-lt
a20%
X
50c
6-25
6-10
25c
7-15
7- 1
7-
6-10
$1.12%
1
6-21
25c
7-
1
7.
1
^
6-21
$1^5
common
6-30
50C
*—:**._*—
preferred (quar.)..—;——XRussell Industries, Ltd., common (quar.).*
7%
preferred (quar.)..———————
S. & W. Fine Foods, Inc., common (quar.) *
4% convertible preferred (quar.) —x*—*
St. Lawrence Flour Mills, Ltd., com. (quar.)
7 %. preferred (quar.)
:
St. Louis National Stockyards.
—St. Louis Rocky Mountain St Pacific Co..—
St. Louis San Francisco Ry.*-~
•
>
■/< •/,.
5% preferred A'(quar.)..*/.**
******
5% preferred A (quar.)—*.
—
;—
St'. Regis Paper Co.—.
4.40% 1st preferred series A (quar.)/—**
7-
6-19>
1
$1.25
(see Helena Rubinstein)
Works—
—.——
preferred
7-
$1.25
$1.25
———_*/**—**
(Helena)
(Jacob), 4Va%
Berg Fund, Inc
L
u-<
:7- ;1 '
$50c
$62 Vie
(quar.)——*
Company
Chemical
9-
12- R
.•;
Ltd. (ordinary)
(interim) —_
Corp., common (quar.)
convertible preferred (quar.)—.—__**
Russell
6-10
7- 1
6-
6- 3
25c
Cable
Ruppert
6-10
7- 6
25c
i
7- 1
3
1
1
20c
Genesee
Ages
Rumford
6-21
1
$1
*
of
Rubinstein
6-15
$1.75
—.".*._._*
Inc.**—/
1
6-30
7-
25c
X
*_—*—.■*—****,
Ruberoid
6-15
6-30
•
6-18
4%
7-1
$1
15c
$1.75
■
..*
*
7-
5%
(quar.) __■*—;/***——*——**;
preferred
6-15-
8%c
(quar.) —
pfd. (quar.)/
Rolls-Royce,
Rome
6-18
*•'
Pneumatic.Scale Corp., Ltd;—
7%
7-1
prior preference (quar.)*/—
Roeser & Pendleton, Inc.—
,X•;>.■■■
X"'*
New
common
(initial) ___—*.—Xx—
5-31
6-29
8%
6-11
53y«C
*
Plymouth -Oil Co.". (increased) *****U;*—*i*
7 ViC
5%
6-18
15c
•
*
—
*
6-15
6-1
(quar.)——
6-19
1
50c
(quar.)
preferred (quar.)
Pittsburgh Plate Glass Co..—*—.
Pittsfield Coal Gas (quar.f.
Tool
6-15
7-1
40c
pfd!
!
Plomb
1
7-
tlOc
(quar.)*———
(quar.)**/
.*—*
Common
Plough,
1
7r 1
;*/—**.**—
(quar.)*//**
Pittsburgh Ft. Wayne St Chicago Ry. Co.—7%
1
6-
50c
(quar.)__
Mills
7-1
7- 1
Common: (quar.) ' *_X__X.XXXXX*—X*_*X—;
$2.50
preferred (quar.)
Rockwood & Co., 5%
preferred (quar.).—
6-16
6-30
$4
6-
6-30
6-15
1
12-10
6-18
7-
62Vic
93 %C
preferred
$4
Rock
C 6-13
7-1
.
50c
:
1
6-30
,
25c
;
MineS; Ltd.—.—
Fashion
7-
6-20
7-
$1.18%
;
r. ; >.
(increased)
._.*—/**_/—***—
4%%
convertible
preferred (quar.)
*
Robinson Cotton Mills. Ltd. (quar.).
1
7-1
6- 1
30c
Valley RR. (s-a) *
Rochester Telephone Corp.—
%
X
4'/a % 1st preferred series A (quar.)
6-1
6-
6-17
$1.75
(increased)
B
Rochester
6-1
1
/.)[£•
6-15
7-1
$1.25
Common
6-10
7-
,
7- 8 "
7-1
Robertshaw-Fulton Controls—
6-10
6-
c.'Cgi
6-U
6-30
Co., Inc., common (quar.)
—
5%preferred (quar.)
-X—
Bilk Mills, Ltd.—
■
$2.participating class A (quar.)...—
6-18
6-30
l'J
Riverside
7-15
6-
>•8
7-30
8*16
25C r
514%
-.-■AS
6^ 4
9- 1
:"'7-
:
i
6-15
7- 1
9-15
12 Vic
Ritter
4
6-19
25c
Co.
,7-1
25c
common
Products
8-2
"6-14
7- I x
15c
50c
convertible prior preferred
Metal
6-12
8-31
"
Reymer & Brothers, Inc. (quar.)
...
Reynolds Metals Co., common..*.—*—^
v
5Va% convertible preferred (quar.).—__*
Reynolds (R. J.) Tobacco Co.—
:
3.60 % preferred (quar.)
*******
Rhinelander Paper Co.
(quar.) _*X_——-*Rice-Stix Dry Goods, common (quar.)—
7%
1st preferred (quar.)X—*———
7%
1st preferred (quar.).*
7% 2nd preferred (quar.)
7% 2nd preferred (quar.)
Richfield Oil Corp. (increased quar.)
Richmond
Brothers
(quar.) XX——1*—X—X*
Richmond Water Works, 6%
pfd. (quar.).
6-11
6-30
$1
Co.—
Co.
•"
7-1
f
87Vic. :
;*-'*i—/*'._/.————*—*.
—.*
X
6-10
;
7-10
$1.50
$1.50
7
(increased)
Revere Copper & Brass,
6-21
7-1"
$1.12 Vi
-
6-15
■
5
6-30
(quar.)...—".
Philadelphia Electric Co., common (quar.).
$1 preference common (quar.)..
*—
Philadelphia & Reading Coal St Iron—*—*
Philadelphia Suburban Transportation Co.—
5%
preferred (quar.)
Philadelphia Title Insurance:
Philco Corp., 3%%, preferred A (quar.)
6-15
1
7-1
93%C
2-
Extra
Robertson
(quar.)*._—_„_*_*—*
non-cum.'2nd preferred
7-
■
*
8-
$1.50
—
Hosiery
10- 1
60C
Co.
Republic Steel Corp.,
-X
11- 5
$1.25
Planters Nut & Chocolate Co.—
—...
;
'h; 35c
—
preferred..
(quar.)*———*_..—•**—*
$6
preferred
(quar.)
Philadelphia Dairy Products Co., Inc.-i-
preferred
Insurance
$2.50
Trust Co. (quar.)
Wire
Nicholson
(quar.)
87 Vic
5% .non-cum.
Phoenix
$2.50
**
6-15
9-15
12-15
6-30
30c :
Corp. of America* (irreg.).—*
Pfizer(Chas.) & Co., 3Va% pfd. (quar.)—_
Philadelphia Co., common;.i
Phoenix
$3
RR., common (s-a)
(s-a)
Petroleum
6-20
$3
__*
6-17
.
7- 1
$1.75
$4
6-17
(
•>'.
7-10
,
68%c
'■
7-1
$1
.
|
7- 1
•1"'
$1.06%
New York, Honduras & Rosario
Mining Co.—
Increased ■;
....
3%%
6-15.
7.
,****,
New York State Electric & Gas—
6-15
7s 1
IOC
(quar.)_..**—.——_——
Bit
7-
<
$1.25
x—
'
6-23
6-21
7-15
Co.,
V "
6-21
6*30
v
_.
pfd. (accum.)—
7- 1
75c
Corp., common.—
7- 1
75c
$3 preferred
(quar.) _***.———.
Peninsular Telephone Co.—
'
'
62 %c V:-. 7- 1
Common
(Increased quar.)
62 Vic
10- 1
Common (quar.)
62 Vic 1- 1-49
Common (quar.)
*******
8-15
25C
$1
preferred
(quar.)
n
25c
11*15
$1 preferred (quar.)
25C 2- 15-49
$1 preferred (quar.)— ——
15c
7-26
Penn Traffic Co.
(s-a)
J**—of
;
50c
: 7-1
Penney (J. C.) Company.......*...——'
40c
6-25
Pennsylvania Exchange Bank (N. Y.) (s-a).
7- 1 V
Pennsylvania Glass Sand Corp,, com. (quar.)
7- 1
5%
$1.25
preferred (quar.)...—
7- 1
30C
Pennsylvania Power & Light, common.—***
7-1
4Va% preferred (quar.)—
$1.12'/a
——
Pennsylvania Telephone Corp.—
/
7- 1 ;
53C
$2.10 preferred
(quar.).————
7-1:
$1
Pennsylvania Water St Power, com. (quar.)*
7-1
$5 preferred (quar.).—!
$1.25
7-15
Peoples Credit Securities, Ltd. (annual)—! 125C
7-1
40c
Peoples Drug Stores (quar.).——_——
7-15
$1.37 Vi,
Peoples Gas Light St Coke..*————
v
Peoria Water Works, 7 % preferred (quar.).
$1.75 v": 7-1
7- 2
Perfect Circle Co. (quar.)
20c i
——
;
6-30
37 Vac
perfection Stove Co. (quar.) _.*——
Permanente Cement Co. (quar.)———7-30
•v' 25c
2oc
Permiitit Company
6-26
tic
7-15
Perron Gold .Mines, Ltd.....—■
V
7- 1
Pet Milk Co., common (quar.)..;
25c r
4 y2 % preferred (initial)
7-1
$1.11%
$4
50C
New York .St Harlem
10%
6-14
6-10
____
New York Chicago St St. Louis RR.—
4% preferred A (accum.).....
1
6-30
*
*
.
7-
6-18
Ry. (Increased)
Mining Co..—
6-23
'
(quar.)
,
7-1
"
.
6-15
7-1
2 ViC
Pemco
$5
6-18
$1.50
New Park
6-15
1
$1.25
—
New Orleans St Texas Pacific
7-16
7-
22ViC
Water Co.
6-15
Corp.
6-H
-
—
'
7-1
(quar.)*.***
Haven
6-30
$1.50
(s-a)
*—*/__*_/**
New Jersey Power & Light, 4%
pfd. (quar.)
New Jersey Water Co., $4.25
pfd. (quar.).*
New London Northern RR.
(quar.)
New
6-17
$1.50 >7-1
—...
New Hampshire Fire Insurance Co.
New Haven Clock St Watch Co.—
6-17
7-10
$1.12 Vi
New England Power, 6% preferred
(quar.)*
New England Telephone St Telegraph—
v
Increased
____*/**
.
6-17
6-30
•
4(4%
New
2
6-30
(quar.)..—
*.yy:y 25c
Special
—.i—
-*/*_*_//;/i/_*X '
7 25c •
Newark Telephone Co. (Ohio)—
6% preferred (quar.)
$1.50
Newberry (J. J.) Co., common-,__._____._*.
X 50C
3%%- .preferred' (quar.)
93%c
Newport Electric Corp., 3%% pfd. (quar.).
93%c
Newport Industries, Inc.
4%% preferred (quar.) ..**._:
********
$1.06%
New England Electric System (quar.)
ryf< ,25c
New England Fire Insurance (quar.)
7: i'v 13c
New England Gas & Electric Association—
'
.
1
pfd.
conv.
6-11
7-1
$1
100%
;
——
5%
6-
7-15
Regqnt Knitting Mills,
340c
$1.60 non-cum. preferred (quar.)*.— X
V 340C
$1.60 non-cum. pfd. (quay.)
—
; 3i%c
Rels (Robert) & Co., $1.25 prior pfd. (quar;)
40C
Reliable Stores Corp.
(quaf.)..
87 Vic
Reliance
Mfg. Co., 3Va%
pfd. (quar.)
25c
Remington Rand, Inc., common———
$1.12%
$4.50 preferred
(quar.) ———
$15c
Renfrew Textiles. Ltd., class A (quar.)
62 Vic
Reo Motors, Inc.
(quar.)
Republic Investors Fund—
6% preferred A (quar.)*.
15c
15c
6% preferred B (quar.)
25c
Republic Petroleum (quar.)..—..
,25C
Quarterly
Republic Pictures Corp.—
25C
$1 convertible preferred (quar.)
0-7
7-15
$1
i-i
1
6-30
6-23
$1.75:
■■
6-1$
3oc
'f
i"-'
I
$1.25
Reeves Bros., Inc. (quar.)
'Extra' ■"**-.—X*/*-*x**.
8-30
$40c
A
Reed Roller
.: 6-30
.
......*********
Co.,
Purina
Class
■
6-
6*23
r
50c
"
,
The
6-30
50c
prior preferred (quar.) _.—**—.*.—
7% preferred (quar.)^
*
Red Owl Stores, 4%% preferred A (quar.).
Reed Drug Co., common (quar.)—
6-30
6-28
"
6-18
7- 1
.^l '-
$1.75
5 %
0-19
V
$1.50
Peller Brewing, 5y2%
7-15
7-1
■
Timber—
Real Silk Hosiery Mills
'
Speculative Series
6J 7
—
22c
,.,r> y
6-0
6-14
$1.25
Reading Co., 4% 2nd preferred (quar.):—*
Reading Tube Corp.—
x
50c participating class A
(quar.).*.
Real Estate Title Insurance
(s-a).X
6-15
6-25*
0*28
93%c
3%'% pid. (quar.)....
/
,25c..
Rapid ;Electrotype Co* (quar.) .X*XX—*--*_* ;
Rayonler; Inc., common (quaf.) ——X_— >7V:" '25c 7
50c
$2
.preferred
(quar.)....XXXXX-.X'*—xxx.'
"
60c
Raytheon Wg. Co., $2.40 conv. pfd; (qUar.)X
Ralston
1
50c
Parmelee Transportation (quar.) ————
Pathe Industries, 4% preferred (quar.)——
6-30
Oil
St
Radio-Keith-Qrpheum
6-15
—*.*—*—^*****'—*—*:
—
V"' •'*!>
;
America—' ■.;•
;
$3.50 convertible 1st preferred (quar.)..
1
6-
1
; 7-1
:
J
:
*
-Radio Corp, of
"
1
7-1'::;
X:
•*'
"
Products, Inc. (quar,).*——.*
Quaker Oats Co., common—.--—_*—*-*
.-6%. 'preferred' (quar.)
—
6-15
$1.50
7-15
$c
...
Pure
7-15
7-
■sU
6-1
,
",7-xI -
50c *
Purolator
7-15
6-
7- 1
7-15
7-9"
■
$1.25
37Vic
—.
10c
distributions.
Series
6-20
20c
10c
such
Stock
8
7-1
Pulp
dividend'
-
6-11
7-2
6-15
-
Puget Sound
Eastern
Common
are.
—/X_*......*X***'''
Bond
Low-Priced
6-18
6-21
8-14
315c
4
(Irreg.)
—
Tubes. Ltd.—
Pipe Line
% /'::■/::
4%
preferred (quar.) ——...
—
Paraffine Cos!, Inc., common—*..——
4% preferred (quar.) —
Paramount
Pictures, Inc. (quar.)..—
Park Chemical, 5% conv. preferred (quar.).
cn
shown
6-18
8-14
'
June
6-11
6-30
7-15
Page-Hersliey
250
National Securities St Research Corp.—
:
6-21
1
tlon on-June 30 at |110 per Share. '
preferred (quar.)
(quar.)..
Common
non-voting
(quar.)
—
7% original preferred (quar.)
Puget Sound Power St Light Co.—
$5 prior preference (qoarl)
6-15
8-14
$25c
■'
(quar.)*——
—
250
ex-distribution
•
7-15
$2.50
—*.—-X ' 7 -
*
7%
6-20
6%
preferred
(quar,)
Pacific Western Oil Corp.
Castings-
Bearing Co. (quar.)....
*
National Paper & Type Co., 5% pfd. (s-a)«.
National Pressure Cooker (quar.)
;
National Radiator Co..;.—.i—
1/X*
sell
(Increased)
Common
Co.
';
Telegraph Co.—
6-15
;
following
Service
7-12
7- I
Motor
The
6-20
/7-;i'
,'2;J
.
(N. Y.)—
Publication Corp., common; voting
6-20
(initial)
common
6-15
7-1
$1.12 Mt
$1.25
Increased
National
^
8- 2
15C"
/////*//«/**•*--**■■•
•
30c
.
*'.•
Co._____"J_"__.
.
6-10
6-15
6-11
7-T"
-
" "$2'
,
$5 preferred - (quar.)
X*x*——-This above issue being called lor redemp-
6-16
7-2
RR."
Public Service Electric & Gas^-r
6-10
7- 2
——**''■'
Pacific' Lighting Corp., $5 preferred (quar.) .
New
6-30
6-
(quar.).
7- 1
$1.50
6% preferred B (quar,)____._——
National Linen Service, common (quar.)...
6-10
6-10
7-2
5% .preferred (quar.)————
Pacific-American Investors, Inc.—
$ 1.50
preference (quar.)
—*-"
Pacific As Atlantic Telegraph Co. (s-a)
Pacific Coast Aggregates
(quar.)
Pacific Indemnity Co. (quar.)..—
Pacific Intermountairi Express Co.—
.
9
"
National
20c"'
public ;Service Co. of Oklahoma—
!4%. k preferred (quar.)
6-15
7-2
.
Worcester
Quarterly
6-21
$25c;
$$1.25
325c
;
Common
6- 4
10-1
——,—
6-14
; 5-25
6-
6-10
*
$3c
&
1
6-7
6-30
■
'-75c
Washington Insurance.———
4-30
(quar,)*.—
; 3$1.75",
Oswegd Falls Corp., 4Vi% pfd,: (quar.) ..*—
$1.12>/a :
Ottawa Electric Railway
(quar.)-l— '
$25c
Ottawa Light, Heat,& Power Co., Ltd—
9
$15c
Class B'
6-14
"
(quar.) X.._
pfd.
Providence
r';$10c:.;;>"
Extra
8%
Public National Bank & Trust CO.
7-
7% :preferred
6-10
$15C
$10c
common——
(quar.)—
Ontario Loan St Debenture Co. (quar.)—..
Ontario Steel Products, Ltd.; com. (quar.).
12- 5
7-1
■
Ltd.,
Beauty Supply,
Participating conv. preferred
6-10
;• 6-30
'12-15
-
315c
Class- B
6-14
'?75C^ -7*15-
s/'-S
""
Procter St Gamble Co.,
6-15
,
7- 1
vExtra
12- 5
12-15
(quar.)..—i..—.*
(quar.)— /**—»
.
'
(quar.) _".xi_"__**
6-15
7- 1
,
Omnibus
Ontario
Class A
•
7-15
Proprietary 'Mines, Ltd
(,
.
Corp.
(special)**—50c
corp., 8% preferred (quar.).—
$2
Oliver
1
National Hosiery Mills, Ltd.-*Class A
Products'
Providence
$1.50
—
•
$20c
com. (quar.) * •
-——/~/xxX**
National
6-
7- 2
12VaC
"
6- 8*
7-15
7- 2
(s-a)
CO.—•
35c
(quar.)
', .32
,7- 2
Nova Scotia- Light Si Power, Ltd
*—
$25c
7- 1
Novadel-Agene Corp. (quar.)
*
50c
Ogilvie Flour. Mills,, Ltd., common (quar.)* \
$25c
1- 2
8-30
Ohio Edison" CompaAK OommOii—*—. —'/50c 7-1
'4.40% preferred (quar.)..——
—*
$1.10
7- 1
Ohio Finance GO.; common.——**.—.—
25c
7- 1
4y2% preferred (quar,).—:*—*
—*
$1.12(4
7-1
6% prior preferred (quar;)—.*.——
$1.25
7- 1/'
Ohio & Mississippi Telegraph CO. (annual)
$2.50
Ohio Public Service, 3.90% pfd. (quar.).—
OTVaC* • 7-1
6-30
Ohio Water Service—37V2c
7-15
Oklahoma Gas & Electric, 4% pfd. (quar.)*
20c
7- 1
Old Colony Insurance (quar.') —...
$5
Extra
—'/'*:*—■/*'*—
$8.75- .■ 7- 1
7- 1
Old Town Ribbon St Carbon Co., Inc.^.
;
30c
6-15
7* 1
60c
(irreg.)——
Corp.
Ltd.,
Co.,
6-11
:
"
preferred
8%
7-10
25C
Glass' Co.,.'-'common—x/*/\
Extra
■
$2.50
$2.50
preferred-—-——-—i.'
non-cum.
National
6-21
7- 1
1
Presseq Steel .Car Co., Inc^-J4 Vi %
preferred (quaf.)
" 7 58%C
J
Preston East Dome Mines; Ltd.*—.——
ll'/aC
Price Bros. St Co., Ltd:, 4% preferred (s-a)*
$$2
6- 4
7- 1
7-31
-
Prentiss-Wabers
6- 3
93%C
(increased quar.).
Norwich & Worcester RR.
-
'
National Gas
6-11
6-14
6-25
6-30
3$i.50
,1st preferred (quar.)
—1 ;
6%. non-cum, par tic. preferred (tjuar:)—
Ik Lambert, Inc..
I.J.—X—rxxxx* '
"
40c
——-
Northwestern .Telegraph,Co,
1
7- 1
.
National
22Vic
t
'
,(quar.}——...
preferred
3%%
6-15:
93%o
™
5%
(quar.).—
Northland Greyhound Lines—
Northwestern Leather Co.
6-
I 6-25
dfemption On ' July io at * 127.50 ' plusk
$0.0147
final dividend.—
150
Natlon-Wide Securities Co. (quar,).——.
40c
National Biscuit Co., common—.
—
3500
National Breweries, Ltd., common (quar.) .*
$440
7% prelerredk (quar.) **/***-*/.*X/*//..-x'.
50c
National Cash* Register Co. (quar.)—
800
National City Bank (N. Y.) —.—*-.—
National City Lines, Inc., $4 pfd. A (quar.)
;
$1
250
National Department Stores • (quar.)
National Electric Welding
':;vw',X
Quarterly
2c
Quarterly:
————•;
$1
National Enameling St Stamping————.
National Erie Corp;
' v
~
■>'$1.50
3% non-cum. 2nd preferred—
......
$1.50
5% non-cum. 2nd preferred—-———..
National Fire
Gas——...
6-13
"4-29
,!'
this
1st
Natural
11-23
6-28
75c
————
8-23
9-M
12-12.
■:*'>
hon-cum.
preferred
7-1
$30c
'
6%
Pratt
6- 7
46c
preferred (quar.).."——*-*._"_—
Company
*—
—
Canada," Ltd., common.—_
Power Corp, of
9-20
12-16
6-25
-A
6-15
6-30
j
"20C
3.60%
Potter
6-20
6-25
6-30
6-30
22 Vic
,
■
6-25
7-15
'
'
12-16
6-30
45c
31%c
(quar.) _/*_/ ;;
common (quar.) J*
6-15
'
7-1
$1
X****
(quar.)*.—__—
5 % ' pid.
Co..
7
6-2t:i
1
7-1
-•
12c
120.
-
convertible preferred quar.)
—The above Issue has been called" for re-
5%
convertible
Electric Power;
6-20
7- 1
Northern
6%
•
Potomac
,
'*
6-30
7-15
Electric,
General
Transit
1-
'7-1
10c
preferred (quar.)
non-cum.
7-
62 ViC
:
*;
Portland
6- 4
7- 1
40c prior
9-16
'
American Finance Corp.—
(quar.)
0- I
6-30
$1
-
(H, K.); Ihc., 5% preferred (quar.) *•
Port Huron Sulphite & Paper Co.—
Portiand
Electric Power
held——.
shares
7%
7%
6-17
$1.50
$1.30
4c;
zme '
•'
/_—
6-
7- 1
-
5c
;*..
1:
7- 1
$3
*!.".* '
—
Co
;
Pocahontas
Creek
Pond
4%
6-16
100
& Sons Merchandise Co.—
(s-a)
Mining
Common
6-15
for each
5
6-22
7- 1
50c
—
6-30
common
Polaris
stock
7- 2
Nash-Kelvinator Corp. (quar.)
...—*
Nashville St Decatur RR., 7%% guar, (quar.)-
Inc.—"
(quar.)—
Three shares of Wisconsin
preferred
Boldere
Payable of Bee.
$3
.6%
Porter
25C
preferred (quar.) **-/,**-*•*
4%" preferred' (quar.)*;—-————8% preferred (quar.)
:—————*
Mutual System, Inc., common—,**-//——
6%
preferred
(quar.)
——»
Mutual Telephone Co. (Hawaii)-—
4410% preferred A (quar.)——;————
4.40% preferred A (quar.).
—
Myers (P. E.) St Bro3..—'
Strauss-Duparquet,
6-
6-30
4%
Mathan
6-30
_
North American Co. (partial liquidating
dividend) —
Mutual Chemical
(s-a)
6-23
12&C
*
Mills
6-29
35c
6-15
Share
of Company
Polndexter (H. T.)
6-15'
6-25
$*
40c
$1.18%
320o
-
Murphy (G. C.j Co., 4%% pfd, (quar,) —
Murphy Paint Co., Ltd. (quar,)*-.,————
Murray Corp. Of America, common (quar.)4%
preferred (quar.)
.——
Murray Ohio Mfg. CO.——/.**,
——~
Muskegon Piston Ring (irreg.) _
—9
Washawena
02 convertible preferred
6-30
306
—
Name
6-14
6-30
When
Per
Payable of RSc.
Share
*®c
of Company
Noblltt-Sparks Indutries, Inc.——;*
Noma Electric Corp.
(quar.)
—-——
& Development
*
.—*
"MuUlns Mfg.
Extra
Name
Payable of Bee*
Boldere
When
Per
Bolder»
When
Per
Share
Name of Company
Monday, June 21, 1948 X'
COMMERCIAL & FINANCIAL CHRONICLE
THE
" (2732)
52
6-21
$17%C
6-30
6-11
$$1.75
6-30
6-11
25C
7-31
50C
7-31
7-16
$40C
8-2
6-30 :
7-15
8-
2
6-30
50C
T-
1
6-19
60C
6-30
$$1.75
'
$1.25
9-15
8-27
$1.25
12-15
11-29
$1.10
7-
1
.
6-15*
Volume 167
U*
Number "4709
-
.
.
'
.
Royalty
Safety
Heating
Car
New
Ban
Electric
Extra
San
Inc.,
Bros.,
San-Nap-Pak
7-
6-17>*'M»«Sunbeam
$>1.06
7-
6-
15c
iquar.)—
6-30
6-15
Sun Life Assurance Co.
7-
1
6-19
Sunray
7-
1
6-19
Mfg.
7-15
7-
50c
7-
pfd.
70c
Co.,
25c
(quar.)
com.
<quar.)___
6Vt**
Scott
preterred
Co.,
Paper
Scovill
25c
1
7-16
Swift
(quar.)—
85c
8-
1
7-17*
Sylvania
50c
91V*c
833/*c
7-
1
6-14
9-
1
8-13
Electric
Scruggs
7-
1
6-
15c
7-
1
6-19
5%
$1.12 Va
7-
1
6-19
Talcott
—_
3.35%' pfd.
Co.,
Vandervoort-Barney,
(quar.)—
Seaboard
Air Line,
preferred
57c
Seaboard Finance
$2.60
(quar.)__
preferred..
5%
convertible
Acceptance Corp.,
preferred (quar.)
Securities
6-24
preferred
(quar.)——
$6
preferred
(quar.).
American
Industries,
6-10
1
6-10
4%
1
6-15
7-
1
7-
1
6-15
(quar.)„$1.1272
B
iquar.)
10c
Shamrock Oil & Gas Corp. (quar.)l——
40c
Sharp & Dohme, Inc. (quar,).
——
•
25c
Shawinigan Water & Power Co.— ^" •
4% ; preferred A .(quar.)—™——
50c
7-
1
6-8
7-
1
6-16
7-
1
$4.25
Servel,
Inc.
Shaler
Company,
Inc.—————
preferred
$5.50
(quar.)
pfd.
$4.50
class
—
Shelter
Manufacturing Corp.
5%. 1st preferred (quar.)
ghelhnar Products, Corp., common
7-
$1.25
—
(qua^.)_
25c
»
77*
preferred
(quar.)
Optical
6-
1
$20c
7-
(quarD.lt—1—_——V
Ltd. (increased quar,).—
2
5-31
6-28
2
2
6-10
2
50c
$2.50
6-28
(L.
Smith
C.)
Corona
&
O.)
Typewriters,
Corp..
Kline
Snyder
50c
•
1
1
1
7.
Stores
Co.,
572 7c
12 tec
7-
1
1272c
(quar.).
preferred
$1
;
common—..—,
preferred
;
7-
1
10c
6-30
6-
6-
1
7-
1
6-15
r.
6-28
25c
7-
7-
6-17
1
6-18
1
6-18
6-29
6-15
6-29
6-15
7-15
7-
$2
7-1
6-15
California
Paper
Edison
preferred
preferred
Canada
Co.,
7-
1
50c
7-
1
6-15
6-30
6_14
(quar.)
Southern
Co.—
6-30
Co.
Gas
1
J,
1
/
7-20
7-15
i
6-18
6-21
$1
T $1.25
—
.--'(i'J-:
Li-'-V.' $1.25
Insurance
Co.
Public
preferred
Service,
(Dallas)
I
7- 1
—
40c
7-15
45c
9-
(quar.);
9272C
1
8-
1
97 72C
8-
1
$1.033/*
(quar.)$1.25
8-
1
preferred
(quar.)
(quar.)____
preferred
...
Springer Sturgeon Gold Mines, Ltd—
Springfield Fire & Marine Insurance
Square D Company (quar.)
Squibb (E. R.j & Sons—' .•■•'*■
V
8-
1
$3c
7-
5
47 tec
_
7-
1
'
25c
: >
6-30
preferred
(quar.).^2—$1
8-
2
8-
2
(quar.).
$10c
9-
1
5% 'preferred
(quar.)._„.
Standard
Coosa^Thatcher
™—J
$$1.25
9-
1
7-
1
,tV
1
'
Fruit
'
(quar.)-„____'^.__L—__-J!
preferred
Jt
$3
participating
Participatingof
Steamship Corp., com.—
preferred (quar.)
75c
Stanleyfflrock,..Ltd.
Inc
• .--•*•
;
tlOc
1272C
50c
Co.
•
&
472%
Stetson
37?%
Stern
Baer
&
prior
Corp.
(quar.)
.7- 1
8-16
Asbestos
Rubber
&
(quar.)
new
6-30
com.
(initial)
1
7-
7-15
50c
10c
: $2.50
2
1
6-
50c
6-
1
7-
1:
i
7- 2
Bonus
2te%
...
United New Jersey RR. & Canal Co, (quar.)
$2.50
United Printers & Publishers, Inc. (quar.)—
30c
7-13
United Shoe Machinery, common (quar.).'
62tec
8-16
6% preferred (quar.).:
*
37Vic
7.15
U. S. Air Conditioning, $7 pfd. (quar.)__i
$1.75
7.15
U. S. Fidelity & Guaranty Co, (Bait.)—
!
7.15
Quarterly
50c
7-15 V
u- s- Finishing Co., $4 preferred (quar.).--:r ,1 $1
;W
6-15 ' ■ ' ' 7(''0
preferred (quar.)
$1.75
6.15
U. S. Foil ,Co., class A....
20c
6-16
Class B
20c
;
7% preferred (quar.).J
$1.75
7.15
U. S. & Foreign Securities—
,•
7-15^;%'; $4.50 1st preferred (quar.)...™.—_— $1.12te
7.30
$6 2nd preferred (quar.)
$1.50
7.30
U. S. Guarantee Co.
*
50c
6-19 * **
U' s- Gypsum Co., common......—"
75c
6-25
"
preferred (quar.)
.....
$1.75
6-25
4te % preferred (s-a)
'22tec
6-19.
-tJ. 8. & International Securities—
V
6-19
"
$5 1st preferred (quar.)
$1.25
6-1*9
U. S. Pipe & Foundry Co.—
6-24
Quarterly £
70c
e-21'
N
Quarterly
....
>,
70c
8- 5 ?;,i u- s* Playing Card (qufir.)—
50c
6.15
r-•l, V
Extra
.80c
?r
U- S. Plywood Corp., 33/i% pfd.; A (quar.)..
933/*c
7-10
u- s- Printing & Lithograph—
■ \
- •
•
r. ?
;
7-10
l5%r preferred (quar.)
; 62%C
6-10
u- S. Trust Co.. (N.-Y.)' (quar.)„
$8.75
6-18 "
United States Plywood Corp. (quar.)__._.—
25c
6-15
United Steei Corp., Ltd....™:.....
—
,*12tec
6_15 United Stores Corp., $4.20 2nd pfd. (irreg.)
50c
9-15
' United Stove Co. <irreg.)__
;
10c
12-15
United Wallpaper, 4% preferred (quar.)
50c
6-i5
Universal Consolidated Oil Co.
•
g. 15
;
Stock dividend (subject to approval)
60%
6-16
Universal-Cyclops Steel Corp.
(quar.)
25c
8- 1
8-
1
6-30
6-30
>
k-au
$1.25
6-30
•
$1.25
9-30
'
;
k
$1.25
12-31
$15c
20c
(quar.)k.—
8772C
(quar.)
15c
7-
2
6-30
7-
1
.
7-
1
6-16
56c
7-
1
6-16
10-
I
.(quar.)_!..
B.)
Co.,1
:
...
—
50c
common,.:—;
(s-ra)_l_.___—Xi:_——$1
;
Corp.
Fuller
Co., 1%
Inc.,
preferred
1st pfd.
Universal
Extra
8%
7-15
7.
j
,
Tobacco,
(quar.)
6'-16
6-10
Upper Canada
Co.,
Mines,
Ltd
7- 1
8-14
7- 1
6-15
6-18
7-12
7-
6-30
6-10
1
4
-6-19
1
■
<
7-10
6-10
Upressit Metal Cap Corp., 8% pfd. (accum.)
6-30
6-15
Upson
*
25c
7-
1
6-18
25c
7-
1
6-18
6-16
6-30
6-15
6-30
6-
6-15
1
6-30
6-18
Utah
35c
7- 1
6-
Light
Co.
(quar.)._—
6-30
25c
Ltd.*
(quar,)_
6-^8
6-19
6-24
1
6-30
Securities
7-15
6-15
$35c
<»
7-15
6-15
.
25c
(accum,) W__—
1
8-
7-20
(quar.)_____________—$1.50
7-
1
6-18
(quar.)
7-
1
6-17
$1.25
Co.
RR.
■■
,;
.
.
8- 2
11-'1
2-1
preferred A
preferred A
preferred A
Tablet
&
:—
—™_:
(quar.)
(quar.),__
(quar.);
Stationery
$1.25
Shoe
Mfg._
Osgood
Co.,
Paper
Cement
non-cum.
Oil
$1.25
1
9-17
25c
7- 1
6-15
7- 1
6-10
$25c
7-2
6-10
25c
7- 1
6-15
15c
6-30
(quar.)—12 tec
75c
6-30
6-10
7- 1
6-18
:
_______—•
•
lquar.)__^—
.
&
50c
7-1
6-4
7- 1
6-4
$1
preferred
7-1
6-14
$1.75
11- 1
10-22
(s-a)—_____
;
14c
7-21
6-30
•
25c
7-15
6-30
30c
75c
$1.06 V*
10c
7- 1
7- 1
7- 1
8-16
6-18
6-18
6-18
7-30
$1.12Va
7-1
6-25
$25c
$1,06Vt
t50c
7-2
7- 1
6-30
6-1
6-14
5-14
5-14
6-15
_
—_—
—
(quar.)
'
(quar.)
Inc.,
$4.25
pfd.
(quar.)
Winnipeg Electric, common
5% non-cum. preferred (s-a)
Winters & Crampton Corp, (stock dividend)
Wisconsin Co., 0%
preferred (quar.)_
Investment
Oil
Co.
$$2.50
6-30
100%
$1.50
Co.—
7-15
7-31
7-15
6-30
,
8c
(quar.)
0-1O
6-1C
15c
com
preferred (quar.)
Woodley Petroleum Co.
(quar.)
Woods Mfg. Co., Ltd.
(quar.)
Woodward Iron Co.
(quar.)_*
Woodward
&
Lothrop, common
ju.
(quar.)
(initial quar.)
of Canada, Ltd, (quar.)
Wrlght-Hargreaves Mines, Ltd. (quar.)_
Wrigley (Wm.) Jr., Co.—
preferred
——
Monthly
Monthly v
Yale
York
»—
Towne
&
Mfg.
Co—
Cab
Co., 6% conv. pfd.
Corp.
(reduced)
Corp.,
4te%
common
preferred
25c
(quar.)——
—
(s-a)
—
(quar.):—
Knitting Mills, Ltd.,class A
i
(s-a)__—
1st
preferred (s-a)
7% 2nd preferred (s-a)—
Youngstown Steel Car—
books
♦Transfer
not
closed
'
for
this
tPayable in U. S. Funds, less 15%
JPayable
in
tax
37tec
12tec
25c
56V*c
t20c
t$3.50
t$3.50
15c
1
1
6-10
1
6-14
7- 1
6-30
6-30
6-29
6-28
6-28
7-10
7- 2
6-14
7- 1
8- 2
7- 1
•
25c
25c
"
-
7-
7-
$1.25
10c
$50c
50c
50c
$1.25
$40c
$4c
Wool Combing Corp.
Yellow
7-
25c
——
Co.
Steel
5%
5%
25c
—'
Extra
(Alan)
6-10
Mfg.
Company,
Wisconsin
10-
$1.25
,
—____—
Oil—™—__—_™_™_—_
Co.
t
2-1
6-24
$1.50
common
Co
Fund
River
8- 2
11-
7-10
50c
com.__
—
preferred
Lake Erie Ry
&
11-15
$1.25 2-15-49
—;
Corp.,
8-16
$1.25
—__
—
Water
convertible
resident
5
6-18
$50c
(quar.).
Insurance
Co.—-
;
6-30
$1
'
A
1
6-15
7-
40c
(quar.)_
class
6-15
1
75c 2-15-49
7%
15c
&
25c
preferred
A
7-
(quar.)
7-14
Utah-Idaho Sugar Co., 60c cl. A pfd. (quar.),
Power
Co.. Iquar.)
Stores
6-15
1
8-16
York
7- 1
(quar.)_
$1.12Va
:—_—
Co.
Grocers,
7-
.
—__i
Department
1
7-1
11-15
7-14
7- 1
preferred
(quar.)
75c
6-15
$3
4te%
.
6-18
75c
6-30
$1.12Va
Company,
(increased)
(quar,)——_____
Electric
Yolande
7-1
6-16
(quar.)
8- 2
2
7-15
•
(quar.)
7-1
8-
" 6-10
8- 1
.6-30V.
6-16
6-21
25c
12V2C
25c
6-15
6-15
$2
common
433/*c
(quar.)
11-30*
7- 1
7— 1,
7- 1;
•
6-25
-
6-21
Wood
8-31*
7-
25c
17teo
a
6-21
6-
6-15
7-
Wilson
6-8
6-387-15
6-15
1
$1.50
'25c
25c
Wllsll, Ltd.
6-21
; .,.6-30
1
7-
6-15
Wiser
'
6-18
7-
—25c
Willys-Overland Motors, Inc.—
$4.50 conv. preferred A (quar.)—
6-21
9-20
12-20
6-30
6-21
Wilcox
6-21*
"(
(quar.)
com.
common—
Stores, Inc. com. (quar.)—.—
$6 preferred
(quar.)———
$4.25
preferred
(quar.)
6-21*
r
6-15
8-12
50c
Wleboldt
6-10
6-30
6-15
:8-16
$1.75
20c
7-15
Whitehall
6-21*
1
,
7-1
7-15
7%
7-15
6-15
7- 2
7-1
.
$1.05
Whitehall
6-23
6-15 1
Co.,
preferred
Whitaker
6-16
6-15
.
6-18
7-15
15c
31V*C
,.
Wheeling Steel Corp. com.__™_____;
$5 prior pfd.
(quar.)______________
6-21
20c
(quar.)
Winding
$1.25
(quar.)
7- 1
6-16
1
$1.25
preferred B
Wheeling
5-26
50c
common'
' —:
preferred
Universal
7-15
Leaf
(quar.)
common.
O
...
1272c
common
(quar.),
:
1
(quar.)__.,u
com.
—
,
7-
$1.12 te
V2 %
Wheeler
6-21
'
.
preferred
7-12
7-1
.
50c
7-19
50c
6-30
6-30
6-30
7- 1
7- 1
7- 1
,
>
35c
(quar.)
Power Co., common
Weyenberg
7-8
7- 1
...
6-1
7-19
Wichita
'
1
6-30
-'30c V
•
Co., $6 pfd. (quar.)__
Weston (George)
Ltd.—
Common (increased quar.)__—.—
5-26
7- 1
7.-1
7- 6
7- 6
10-
7-15
-7-1
Snowdrift Co., Inc.™.,™—
Westmoreland
1
-
J
5% preferred (quar.)
Westmoreland, Inc.
(quar.)
6-10
7-15
'•
10-15
6-30
5%
6-11
7- 6
8- 2
7-1
45c
5%
6-10
7- 1
7- 6
6-8
.
7-15 *
25c
(quar.)
$5
Electric
Penn
5%
5-28
7-6
:
35c
Common
6-10
7-10
6-15
7-6
.,<■.
8-16
Western
$75c
25c
6-16
6-23
Common
6-11
(quar.'
|
6-16
1
7- 7
Common
6-22 •:
1
class A preferred
Co.,
Western Pacific
6-18
6-29
7-
$3.50
35c
6%..preferred
preferred
1
7-
(quar.)____.
7-1
$1.37V2
8-16
Class
4
75c
$3 preferred
15c
_____
$20c
5%
6-19
7-
5-29
Produc¬
$1.50
$1.40
: 6-10
United
Corp.,
(Walt)
preferred
Western
1
7-1
;v
5-29
6-30
6-30
Western
6-24
7-
5-29
30c
—
.
Co.
Extra
6-23
7-
.
5-29
6-30
6-30
(quar.)_,r.c_^J™_—$1.75
preferred (quar.) J
:_™___™™ •
$1.75
-Western
9-18
7-1
6-30
62VaC
:
—r
preferred (quar.)
Western Casualty & Surety
6-19
' 7-1
,
5c
6-18
r
5c
(quar.)
$4.50
6-7
7-
17V2C
Union Investment Co
Union Pacific RR. Co——;;
;.
'
Union Twist Drill Co> (quar. ).v
6- 3
7-1
Products, class A (quar.)
(quar.)
See Disney
&
6-18
62tec
A
Western
10-1
1
'' 6-18
Texas Utilities. $6
preferred (quar.)_
Virginia Pulp & Paper (quar.)__——
Special ______—
——
West Virginia Water Service—
V
7
6-
7-
6-30
West
,
6-30
6-18
7-1
West
6-30
;
1 I
25c
,_
4.20%
11-10
7-15
6-15
6-12
7-
$1.75
75c
(quar.)
(quar.)
A
Inc.
7-1
7- 2
25c
—
Oil
Class
4
,8-10
11-15
10- 9
common,.,.
,
Penn
West
6-15
■
10-20
6%
6-18
1
7-10
7%
7-10
7-15
7-
62tec
•
6-22"
......
6-30
Btokely-Van Camp,
5%
Products
9-!0
7-20
5c
Michigan Steel Foundry,
prior preferred (quar.)
7 %
West
6-15
6-29
—
8-13
;
iquar.)...—56c
preferred
(John
$15c
75c
'
preferred
Textiles,
Stewart-Warner
Stix
i»
.
7-15
preferred
8%, preferred
1
common.25c
—^
Motors
8-14
7-
6-30
Steel Products En<?ineeringi.^.-.i.i..^—
Electric
7-10
1
60c
Ltd.__—_L_—
JBros..
...
__
(quar.)
preferred (quar.)
preferred <ouar.)
472%
7- 2
,
r;
—' j $10c
Stecher-Traung Lithograph,
5% preferred (quar,).....
Stern
7-15
1
«Z'< «-•;
.<
Stanley Works (The>_..__
Sterling. Drug,
7-1
■>.,
i—
Class4 A '* (quar,).——
Class * &
(quar.)
SD
k 7- 1
25c
>
Co.,
6-30
933/4C
(quar.)
Ltd., class,A'(quar.).—C—
Standard.. Stoker
6-30
7-
1^——
pfd.
10c
25c
—_
*„^12
33*',c
Ohio,
Radio,
,
1C3/4c
Standards Silica
Sterling
$1
Factors: Corp. 'cpm.'(quar.T—
Btedman
6-15
,
$1
5
6-15
2
6-30
$$1
Baking Co., common
preferred (quar.)
West
>
preferred A (quar.).—;
Standard Chemical Co., Ltd., com.
-5%
2
7-
-
7V:";.■
$4
(L.
6-
19-15
<quar.)__
com.
preferred
Starrett
7-
$50c:
25c
.7- 1
United Gas Improvement (s-a)...-——
65c
6-29
United Illuminating Co,_.i-.^k^_.._:k.'—'55c,
7- 1
United Income Fund^.^—20c
6-30
United ' Merchants': & Manufacturers—, =.,. ":,'
'C,;. /.•••••.v;v
Stock dividend
10%
7-30
United Molasses, Ltd.—•
.;Vp:.'v.V'.' f-v'•v.Ordinary (final)
■
17V2%
7- 6
5
y
<quar.)_
4.15%
Standard
'
B
United Gas Corporation
5
n.
8-16
'
__
Standard vOil
6-15
6%
6-
'
,
Electric—
&
6-30
kii
(quar.)—.—
3.907
Staaidard
6-15
1
'
6-14
6-30
$30c
$$1.50
(quar.)
Quarterly
75c
2
7-
7-15
9-20
(quar.)
Extra
8-16
United Dyewood Corp., 1% pfd. (accum.).— '■■■{ $1.75
United Fuel Investments, Ltd.— : '■-.V \.s,jJ]
v
Ltd.—
Co.,
(quar.)
Life
-
■
27c
Co.
pr°ierred
preferred
" 1
t
....L——...—
Pacific
Standard
7-
I
7-15
6-15
(quar.)
Wellington Fire Insurance (s-a)—
Wellington Fund, Inc—r_
6-15,
8-
6-11
2
$2.50
Ltd.:
6-15
-
:
3772c
Railway
non-cum.
6-15
^
Inc.—
(quar.):
Power
Southern
$4
1
50c
Pipe Lines.—.
&
Bag
participating preferred
57c
3
7- 2
Union Carbide & Carbon,
$1.12te
(increased)
25c
Pennsylvania
Original
3.707c
1
7-
i
Union
,
(quar,)...———.—_
Advance
Southwestern
9-
'
....
1
6-30
;
5%
'
6-25
35c
Ltd.
class
Disney.
Wesson
6-16
1
6-30
Co._.
Motor
6-15
6-19
7-
*
Weber Showcase & Fixture Co.,
5% • preferred
(quar.)
6-15
1
$15c
__
6-17
317*c
$0.2521
(quar.).—( 30c
1-——.1.————..''v ' $1.20
Co,
'
6-17
„
1
7-
;
Trinity Universal Insurance (Dallas)
•
Quarterly
25c
Quarterly
25c
Tuckett Tobacco Co., Ltd., 7% pfd. (quar.).
$$1.75
Twentieth Century-Fox Film Corp.—
Common (quar.)
——50c
$1.50 convertible preferred (quar.)
V 37tec
208 South La Salle Street Corp.- (quar.)...
82tec
Quarterly
;
62tec
Udylite Corp. (quar.)
——'
25c
Ulen Realization Corp. (liquidating)
90c
Underwriters Trust Co, (N. Y.) (quar.)
$1
preferred
Southwestern
7-
15c
$10c
Class
•
■
B
Weatherhead
6-23
6-15
6-30
75c
i
Waverly Oil Works (Increased)
Knitting Mills._i
Pump Co. ((quar.)
9-18
'•
62VaC
(quar.)„
Wayne
Wayne
6-1
9-30
$1.06 V*
6-16
(quar.)__;
Waterous,
6-18
7- 8
.]
$1.75
—...
6-21
Oil
Southwestern
(quar.)
common
(quar.).
6-26
'
/" 25c
6-28
(quar.)
Quarterly
5%
Co.,
preferred
1
7-2
6-21
35c
Corp.,
Waukesha
,
25c
1
7-1
pfd.
47c
South Porto Rico Sugar, common
6%
Quarterly
7-10
Corp.,
...—1
Common
7-
'{
,
6-30
Pittsburgh Water Co.—
4Vis% preferred
(quar.)
Southern
•
%
6-30
South
4.32%
40c
Engineering—10c
Clothes (quar.)
1———.
20c
$1.38
Southern
.
$7'/2C
6-10
2
Common
6-10
1
2
7-
37tec
Common:
6-10
7-
1
7-
$1.50
Waterloo, Cedar Falls & Northern RR.—
:•
6-10
933/*c
7-
87VzC
River RR., guaranteed (s-a),
Warner Bros Pictures (reduced ,quar.)
6-21
6-30
6-30
Trlco
Co.,
West
2
!
i
60c partic. class A (quar.)—
$15c
Toronto Mortgage Co. (quar.$$1.25
Traders Finance Corp.,' Ltd., class A
——
$50c
;
62 tec
South
7-
•'
-$1.12V2
$1.06V*i
(quar.).—
7tec
5te%
9-15
—
6-14
2
pfd.
6-10
|25c
Ware
1
1
9- 1
12- 1
6-21
40c
pfd.
prior
preferred
Ward
9
10-
$25c
—_
4Va%
Edison, 4 V*% preferred (quar.)
Tooke Bros., Ltd. (quar.).—
Iron Works, Ltd., common (quar.).
6-21
8-
(quar.)—.
Southern
(quar.)
6-30
—
87c
Ltd.
Stores,
preferred (quarDJk—:
Water Associated Oil Co.—
Toronto
6-15
77-
Electric & Gas, com. (s-a).
preferred (quar.)
■—,———.—.
572% convertible preferred (initial) —.
Penn
50c
6-10
Carolina
Special
•
6-15
-
.
.
—...
Laboratories
5%
South
6-15
9-10
12-10
$$1.25
;™
(accum.)
tions
6-15
6-25
6-30
Drug
Paper
6-25
7-20
:
;
...
Bonotoae Corp., common (quar.l
$125 convertible preferred A (quar.)
South
Mills, cdmmon_———50c
j.——...k——■ i''v
$1
35c
convertible
Sorg
6-
$50c
Society Brand
Solvay American
Sommers
6-
4te % preferred" (quar.)
$$l,12'/a
Transwestein Royalty Co. (s-a).—50c
Treesweet Products Co., $1.21 pfd. (quar.)
31V*c
Tri-Continental Corp., $6 pid. (quar.)......
$1.50
French
&
1
7-30
&
Tool
1
25c
—,
Paper Mills, Ltd.—
(quar.)
preferred
(quar.)
Smith
6-15
7-
6-30
$25c
(Howard)
Common
4%
.7- 1
(
31V*c
—
Toledo
7-15
50c
Inc..
...
(quar.)
Co
L™
:
Co..
preferred
Walt
6-15
57tec
preferred
Co..
6%
6-15
$4
Stores,
I'/o
6-10
•
7-
.
(A.
T
8-15
—
Rayon, 5% preferred A (quar.).,
$1.25
5% prior preferred .(quar.)-——$1.25
Sloan-Blabon, 6% preferred A (s-a)
;—
$3
Smith
•
7-15
&
5%
6-23
7-15
$1.25
Iron
&
System,
Class
6-23
25c
(quar.)
Carbon
Quarterly
Tobin Packing
6-14
7-
(increased quar.)—n_
(increased) „t—....
Skenandoa
Smith
,
.
.
.
8-14
Corp.
Skelly Oil Co.
,:'
^6-10
7-
$$1.25
_1
(quar.)..
6-30
6-30
s
Co.
Cotton
Walker Vitamin
4*
$1
$3.75 preferred (quar,)—.—.
Timely Clothes, Inc. (quar.l______v._:.___.
Tip Top Tailois, Ltd. (quar.)
Tishman Realty & Construction—
.
6-17
,
Oil
:
6-28
:
7-
—
preferred
6-
Walker
6-10
1
$1.25
-4V*%
Tide
6-18
7-28
57c
1
7-
Mold
Waldorf
6-10
7-
75c
*
(quar.)—
(quar.)
common
Thrifty Drug
-
6-1C
$25c
Sinclair
Thrift
'
2
6-30
(s-ah $20c
Ltd;
1
$1.06V*
.—J
Ry., common..•
preferred
Common
6-15
7-
35c
-
Silver'Syndicate./ Inc.i^_.l_C.lltr—5c
Silverwood 'Dairies, Ltd.|- class At (quar.)
;
tl5c
'•57c preferred
(quar.)—.——t"———.—
:$$1.25
Silverwood Western Dairies, Ltd.— ,y
f : ;
Mines,
7-
6-10
$1.25
(quar.)
Wagner Electric Corp.
6-10
1-
7-16
6-30
(quar.)
(quar.)
Wagner Baking
7% preferred
6-15
7-
'
preferred
Vulcan
6-10
$1.02te»
preferred
convertible
Thomaston
2
6-15
1
$$1.75
—;
8-
6-30
Sigma
35c
(quar.)—.—
$1.25
Theramatic
5-24
6-30
59%c
Co.
Sick'p Breweries,
com
preferred
Wabasco
1
6-30
25o
Extra
"7- l
;
Inc.,
6-30
7-
30c
'
'
preferred (quat.).—1—1—___—
Sherwin-Williams Co. of Canada, Ltd. (quar.)
Shuron
;
•
,
Pacific
6-15
$1.75
—
(quar.)
1
1
30c
7%
6-15
7-
6-15
8-
$2
25c
preferred
Detinning
7%
6-11
1
7-1
Common
6-11
2
lOc
...
pfd. (quar.)
Co.
2
7-
25c
!
7-
7-
9-20
12-21
Bakers, Inc.
preferred
$4.50
6-11
8-18
1-2-49
25c
(quar.)
Vulcan
6-15
7-1
10-1
62tec
20c
6%
preferred (quar.)
Vuican Corp., $3 conv,
6-15
2
$5c
(quar.)——..—
$2.30
6-15'-
2
1
1
7-
Extra
,
7-
77-
25c
«
Transmission
Gas
non-cum.
Textron
'
6-18
6-25
j
'
5'10
6-15
|25c
—
(quar.)
——
Company
Texas &
6-17
-1
7-
56VtC
(quar.)
(quar.)———^———
Corp.
preferred
Texas
6-18
$1.37 72
Shares,
Corp.
$4.10 preferred
6-15
6-30
6-15
2
Dutch
62tee
Virginia-Carolina Chemical Corp.—
6%
participating preferred (accum.)
Virginian Railway, common (quar.)
6-15
6-30
8-
15c
(quar.)
;—
Tennessee
7-
€-30
$1
$50c
Tennessee
15c
10c
$1
$1.25
When
Holdert
Payable of Ree^
62tec
(quar.)
Victor Chemical Works, common
3'/a %
preferred (quar.)
4-30
—
Per
Share
*
Co._,
Freeze,
Inc
Ltd., common
5%
6-18
—
preferred
Viau,
6-15
1
2
L_
Cos.
Telluride Power Co., 7%
$1.1272
1
77-
(quar.)
Instrument
6-15
6-15
7-
Kamp's Holland
Norman
Velvet
1
10c
6-10
1
6-
$1
—,
6-30
7-
1
$ltec
(quar.)—
common
preferred (quar.)
(G.), Ltd., common
Telecoin
6-18
7-
Van
6-15
2
35c
(quar.)
common
6-29
$1.25
com
7-
1
7-
40c
...
20c
'
6
7-15
7-
de
5%
1
25c
:
:,
(quar.)—
$1.50
—
6-
25c
1
(quar.)__
preferred
Taylor
6-15
6-30
$1.75
——.—__
_—
Selected
1
6-15
6-30
'
„
Quarterly
Vapor Heating Corp. —
5%
preferred (quar.)
6-15
1
Extra
6-24
7-
Bridge,
Van
6-15 "
1
___________
Extra
Seeger Refrigerator
Co.—_—
Seiberling Rubber Co.—
5% class A preferred (quar.)——
472 7c prior preferred (quar.)———
Seismograph Service Corp. (quar.).
Selected
7-10
7-
65c
10c
317*0
common
4te %
Tamblyn
1
7-
15c
Extra
6-lu
12-10
7-10
6-15
7-15
7-
—
Ltd.
Inc.,
7-
20c
•
(quar.)
(James),
6-17
6-17
25c
Products
A
1
(initial) ___15 37/lOOc
Inc..
Electric
preferred
7-
$$5
:
(quar.)
Mines,
6-18
7-1
•
Knitting Co.—
5%
prior, preferred (quar.)
5%
prior preferred (quar.)
5% prior preferred (quar.)
Utility Appliance Corp., $1 conv. pfd. (quar.)
Valspar Corp., $4 conv. preferred (s-a)
6-18
6-28
"
•
Company
53
Utica
6-14
1
26,5»6c
(quar.)
Tacony-Palmyra
General—
Corporation
$7
•
6-30
12-31
40c
quar.)
preferred, (quar.)
Securities
5 7>
9
$2.50
$2.50
Co., com. (increased
(quar.)
(quar.)
America,
preferred
Gold
6-10
7-
15c
(quar.)..
(quar.)
Company
Class
(quar.)
series A preferred
A
1
6-30
$1.12
Canada
common
Corp.
of
Sylvanite
Inc.—
Common
$4.50
&
$4
Co.
Steel
Co.
8-
Co., common..
preferred
(quar.)
Scranton
Superior
27Vic
Mfg.
3.65%
Superhiater
1
—
preferred
$3.40
Corp.,
preferred
Sweets
(quar.)
A
6-19
7-
Oil
common—
of
7-
5Cc
(quar.)..
'
Name of
6-21
62tec
.
4 Va % convertible preferred B
Sunshine Mining Co.
(quar.)
6-10
7-15
l?p®
Schuster
(Ed.)
&
Company.—
Schwitzer-Cummins
Co.
Corp.,
3
50c
(quar>)
pfd.
5'%
(quar.)..
preferred
4,/*te
6
1
8-30
Gas,
7-
'
'V'"'
x
Payable of Rec.
$1.25
Corp.
Propane
Chemical
$4.50
(quar.)
common
Sun
Association,
Loan
(quar.)
Works
Water
Jose
Suburban
1——
*
Sanger
Studebaker
6-17
(2733)
Holdeu
25c
6-10
9
When
Share
Strawbridge & Clothier $5 pfd. (quar.)
Stromberg-Carlson Co. $4 conv. pid. (quar.)
Corp.
CHRONICLE
Per
Name of Company
6-15
7-
—
Co.
6-30
30c
Remedial
(semi-annual)
Sangarao
Payable oj Hec.
7-
—*
—
4V*pid.
Ltd.,
Power,
Francisco
Ltd.
'
40c
(quar.)
FINANCIAL
Holdert
25c
25c
.$1-2.5
(quar.),—
&
,
50c
quar.)___
common
5preferred
Baguenay
&
{initial
com.
(l——
Lighting—
Corp.——.
Safeway Stores,
When
Per
Snare
.
Name of Company
'
Sabine
COMMERdlAL
THE
6-19
7-19
,7-31
7-
1
7-1
7-1
•_
6-30
6-30
6-30
6-30
6-15
5-31
6-14
6-16
6-16
6-28
5-27
6-10
7-20
6-15
6-8
6- 8
6-15
6-15
6-15
6-22
dividend.
Canadian non-residents* tax.
Canadian funds, tax deductible
resident tax 7%. *
at
the
source.
Non¬
15%;
a
Less
British
x
Less
30 %
income
Jamaica
tax.
income
tax.
■*
54
THE
(2734)
COMMERCIAL
FINANCIAL CHRONICLE -
&
Monday, June 21, 194
-
•
.i
v.*'
CITY DEPARTMENT
STATE AND
BOND PROPOSALS AND NEGOTIATIONS
uti
ALABAMA
Decatur, Ala.
Bonds Voted
held
June
on
At
—
an
the
1
election
voters
ap¬
proved the issuance of $1,500,000
school bonds.
1
Dotham Housing Authority, Ala.
Note Sale—The $335,000 tempo¬
loan notes offered on June 15
—v. 167, p. 2520—were purchased
by the Chemical Bank & Trust
Co., of New York, and Associates,
rary
s
at
1.07%, plus a premium of $4.
Dated June 30, 1948. Due May 27,
1949. The next highest bidder was
Salomon
Bros.
&
Hutzler,
at
1.11%, plus $3.
Selma
j
167, p. 2626—were purchased by
Blyth & Co., and Weeden & Co.,
both of San Francisco, jointly, at
a
price of 100.09, a net interest
cost of
all incl.
next
Dated June 15, 1948. The
highest bidder
the Bank
ings
Association, San Francisco,
2V4s, $76,000 as 2Vzs,
and $42,000 as 2%s, at 100.06.
for $12,000 as
Aromas
Joint
Sch.
Union
Dist.,
Benito and Santa
Cruz Counties (P. O. Salinas), Cat.
San
Sale—The
Bond
rary
ing
on
$35,000 build¬
offered on June
14
—v.
loan 8th series notes offered
June 15—v. 167, p. 2520—were
purchased by the Chemical Bank
& Trust Co., of New York, and
Associates, at 1.07%,.plus a pre¬
mium of $5.
:
V-•/■!
:
YYvY'V
Tarrant
Housing Authority, Ala.
$171,000 tempo¬
loan 7th series notes offered
Note Sale—The
rary
June 15—v. 167, p. 2520—were
on
purchased by the Chemical Bank
&
Trust
Co., of New York,
Associates, at 1.07% plus a
mium of $2. Dated June 30,
Due May 27, 1949. The only
bidder
and
pre¬
1948.
other
SalomonBros,
was
bonds
167, p. 2626—were purchased
by the Bank of America Na¬
tional Trust & Savings Associa¬
tion, of San Francisco, at a price
of 100.054, a net interest cost of
2.8124%, as follows:
$30,000. as
2%s, maturing on July 1, from
1949
to
ARIZONA
Union
Bonds
Voted
—
Dis¬
At
election
an
held recently the-voters approved
the issuance of $1,500,000 school
bonds.,
•
,
$5,000
3s,
as
y
•
Union
School
Trust Co., of Kansas
Lawson, Levy & Williams,
and Schwabacher & Co., both of
San Francisco, as 2%s, at a price
of 101.142, a basis of 2.665%, as
Commerce
City*
follows:
Due
Dated
& Trust
was
30,
1948.
the Chemical Bank
Co., New York, and As¬
Rector
School
;
Sale—The
$84,000
No.
46,
;:.v-
>
1964, and $30,000 from 1965
to 1973, incl.-. Y.'■■■ Yv'Y
Dated-July 1, 1948. The next
highest bidder was R. H. Moulton
&
(P. O. Rector),
1968
July 22, from 1949 to
on
inclusive.
:
■;]
'YY;;' v.
■
(CST)
on
June
*
from
1948,
"
Due
Jan.
on
1,
as
$1,500
in- 1950; - $2,000
1956; $2,500 from
1961, and $3,000 in 1962
1951
1957
to
and
-
public auction at 1 p.m.
July 2 an issue of $35,-
construction bonds. Dated
1,
follows:
to
1964.
The
-
1948.
1949
in all
as
cases
with
bonds
will
be
accrued
on
interest
any
pay¬
ing date at par; if called from
funds from any other
source, at a
r price of 103 cents on the dollar
face value on any interest
pay¬
ing date to and including Jan. 1,
1954; at a price of 102 cents on
the
dollar
terest
face
paying
value
date
on
in¬
any
after
Jan.
1,
1954 to and including Jan.
1, 1959;
and thereafter at par on
any in¬
terest paying date.
The purchaser
will
be
penses
will
expected to
of
the
issue.
pay
the
The
ex¬
bonds
be
sold with the
approving
opinion of Townsend & Townsend
of
for
Little Rock.
A
certified check
$700, payable to the District,
is required.
Elementary Sch. Dist.,
County (P. O.
Eureka), Calif.
Humboldt
Bond Sale—The $130,000 build¬
ing bonds offered
to
& Co.; California
Bank, Los Angeles; Paine, Web¬
ber, Jackson & Curtis, and Wil¬
liam R. Staats & Co., jointly, for
23/4s, at 101.145. ■ •
>
\
on
?
Sch.
Dist.,
Angeles
Los
County (P.O. LosAngetes), Calif .
on
Weeden &
Co., for 3s, at 101.164.
Hueneme
June 16—v.
;
buyer for the purpose of. de¬
termining at his own expense the
legality of the proceedings had in
connection
said
with
the
issuance
of
bonds, and the bonds must be
taken up and paid for within five
days after notice has been given
that
they are ready for delivery.
certified check for $1,000 pay¬
A
able to the Board of
is required.
Supervisors,
: y
Y'
y ■ yyi'■
y
Culver
City School District,
Los Angeles County (P. O.
Los Angeles), Calif.
Bond
Offering
—
Earl
Lippold,
County Clerk, will receive sealed
bids
until
10
a.m.
(CDST) on
June 22 for the purchase of $1,000.000 not to exceed 5% interest
building
bonds.
Dated
July
1,
July
1948. Denom. $1,000. Due on
1,
follows: $80,000 in 1949; $45,-
as
000 from 1950 to 1955, and $50,000
from 1956 to 1968, all incl. Prin¬
cipal
and
interest
(J-J) payable
at the County Treasurer's
office,
or
at
State
the
in
fiscal
New
bonds will
and
state
and
York
be sold
interest.
that
the
accrued
of
agency
the
City.
The
fob cash
only
at not less than
crued
Elementary Sch. Dist A*-
Ventura County
par
Each
bidder
interest
and
bid
offers
to
ac
must
date
par
of
delivery and state separately the
any,
and the rate of
interest offered for the bonds bid
for. Each bid shall be for the en
tire amount of the
bonds at a
single rate of interest. A certified
check for 3% of the bonds bid
for,
payable to the Chairman of Board
of Supervisors, is required.
O.
(P.
y
"
VenturaCalif.
Bond Offering—James W.
Clerk
will
of
Board
of
sealed
receive
Pool,
Supervisors,
bids
until
June 29 for the purchase of
000
not
to
exceed
building bonds.
5%
These bonds,
iginally offered for sale
15—v.
due
$32,-
interest
on
or¬
June
167, p. 2626—were not sold
to
an
error
in publication,
Long Beach, Calif.
) K;
y
Y.v:"Y
Bond Sale—The
$3,600,000 Water
Works, series 1943 bonds offered on
June
15—v. 167, p. 2514—were
purchased by a syndicate composed
of
the Bank of America National
Trust
San
&
Savings Association, of
R. H. Moulton &
Francisco;
Co., Security First National Bank
Los Angeles, both of Los An¬
of
bonds bid for, payable to th
Supervisor
is required.
^
j
1—
'
2514—were
p.
June 1, 1948. Due
serially
on
COLORADO
Prowers
No.
14
Bond
June
County School District
(P. O. Lamar), Colo.
Offering
John
—
Alex
1, from 1949 to 1968 incl. The next
highest bidder was the Bank of
America National Trust & Savings
ander, President of Board df Di
Association, San Francisco, for 3s,
the
v' "Xv: YY:
102.099.
at
Mark
Y-'Y Y
,
Hospital District,'
Bonds
Voted
the
*
issuance
}
.
election
an
the
1
hospital bonds.
;
At
—
June
on
proved
r
O.
County (P.
San Andreas), Calif.;
y :
held
voters
ap¬
$300,000
of
■■■.Y;Yv: Y
'•:
Y/Y Y'
Napa County School Districts
(P. O, Napa), Calif.
Bonds Voted—At an election
held
June
on
the
proved
Union
Napa
and
the
11
issuance
.
voters
ap¬
$808,000
of
School
High
bonds,
$290,000 Napa School District
Y
bonds.
Union
Perris
'
1
Y>y''" Y :S~
High School District,
Riverside County (P. O.
Riverside), Calif. ;YY
Y
Bond
will receive sealed bid
(MST) On June 21 fp
purchase of $320,000 not to ex
rectors,
until 8 p.m.
ceed 3 %% interest
Dated
Twain
Calaveras
$25,000 school
June 15—v. 167,
2626—were purchased by the
Security-First National Bank of
Los Angeles, as 23As, at a price
of
100.608, a basis of 2.728%.
Dated July 1, 1948.
Due serially
on July 1, from 1949 to 1964, incl.
The
next
highest
bidder : was
reasonable
10
June
on
purchased
by the California Bank, of Los
Angeles, as 23As, at a price of
100.365, a basis of 2.71%. Dated
167,
v.
Sale—The
Bond
time, not to
days, will be allowed
A
premium if
CALIFORNIA
Areata
.
fice.
interest
follows: If called from surplus
derived from the
building
tax,
Due
follows: $5,000 from
County Treasurer's of¬
■: revenue
fund
as
1967, and $6,000 in 1968.
Principal and interest (F-A) pay¬
callable for payment prior to ma¬
turity in inverse numerical order,
;
Denomination $1,000.
Aug. 1,
on
the
Bond Offering •— Paul
Crews,
Secretary of Board of Directors,
000 3%
Blyth
Co.;
A certified check for 3% o
Chairman of Board of
$500,000 water
bonds offered
works
y
bonds offered
serially
\
Only one interes
be named by each bid
may
der.
the
Sale—The
Bond
$35,000 from 1961 to
y
1972, and $38,000 in 1973.
;
670,000, High
School
District
;
ybonds. Due on July 1, as foly:
lows;
$25,000 from 1949 to
p.
on June 14—v. 167,
2514—were purchased by Blyth
& Co., of Los Angeles, as 23/4S, at
a
price of 100.125, a basis of
2.735%; Dated July 22, 1948. Due
Y
rate
for 3JAs,
Manhattan Beach, Calif.
1960;
p.
exceed
Arkansas
will sell at
yy ;Y' /'■ y.. '/•
Associa¬
at
Savings
Francisco,
an
bonds bid1 for.
,
school
able at the
District
Clay County
■
,
June
sociates, at 1.07%.
\
,
&
100.751.
$818,000V Elementary School Disi trict bonds. Due on July 1, as
follows: $30,000 from 1949 to
;
Caruthers Union School District,
May 11, 1949. The next high¬
est bidder
'■'
•;
San
tion
were
tion; Weeden & Co., both of San
Francisco; John Nuveen & Co., of
Chicago; J. Barth & Co.; Kaiser
&
Co., both of San Francisco;
Gallatin
Fresno County (Pi O.
'.-V:'
Fresno), Calif. <
Housing Authority, Ark.
Bond Offering—E. Dusenberry,
Note Sale—The $655,000 tempoCounty Clerk, will receive sealed
rary loan notes offered on June 15
bids until 10.30 a.m. (CDST) on
v.
167, p. 2520—were purchased
June 25 for the purchase of $101,by the Bessemer Trust Co., of
000 not to
exceed
5% interest
Jersey City, at 1.05%, plus a small
building bonds.
Dated Aug. 1,
premium.
15
District,
County (P. O.
San Diego), Calif.
ARKANSAS
,
Jund
Trust
sep
the rate of interest offered for th
the Bank of America Na¬
was
tional
$1,488,000 school
on
July 1, from 1949 to the date of delivery, and, state
The next highest bid¬ arately the premium, if any,
on
1968, incl.
der
purchased by a syndicate comr
posed of the Bank of America Na¬
tional Trust & Savings Associa¬
Fort Smith
.
offered
bonds offered
School
High
Phoenix County (P. O.
Phoenix), Ariz.
trict,
and
San Diego
Bond
Phoenix
Bond Sale—The
bonds
.
Carlsbad
&
>
1968,
maturing on July 1, from 1969 to
1973, incl. Dated July 1, 1948. The
next, highest
bidder was R. H.
Moulton & Co., for $13,000 as 2%s,
and $22,000 as 3s, at 100.06.
y
Hutzler, at 1.125%, plus $1.25.
*
was
of America National Trust & Sav¬
Monterey,
Housing Authority, Ala.
June 15, from
on
serially
Segundo Unified School District,
Los Angeles County (P. O. >
Los Angeles), Calif.
■
follows: $36,000
as
1950 to 1955; $45,000 as 2lk$, ma¬
turing on June 15, from 1956 to
1962, and $49,000 as 2%s, matur¬
ing on June 15, from 1963 to 1969,
Note Sale—The $464,000 tempo¬
.
2.583%,
2s, maturing
as
El
Offering
—
-
"Y
A.
G.
tion
July
building bond
1948.
1,
$1,000.
Denomina
Due
on
Oct. I, 5 a
ffom 1951 to 1953
follows: $14,000
$15,000 in 1954 and 1955; $16,Ot)
1956 and 1957; $17,000 "in 195
in
and
1959;
$18,000
in
1960
an
1961; $19,000 in 1962 and? 1963
$20,000 in 1964; $21,000 in1 1965
$22,000 in 1966 and 1967, and $23,
in
000
1959
1968.
maturings i
subject* it
at the option of th
redemption
District
der
Bonds
■
shall
1968
to
in
at
be
numerical br
inverse
and accrued interes
on April 1 or October 1, 1958, p
any interest payment date there
after.
Principal
and
inter
par
payable
(A-O)
at
at
authorized
were
held
the
office. / These
Treasurer's
the
Count
bohd
electio
May 25. ; Split bids ma
submitted provided* thaf fth
on
Pequegnat; County Clerk, will re¬
be
ceive
interest rates shall be in multiple
sealed
(CDST)
chase
bids
July
on
until
10
a.m.
the
for
6
pur¬
of
$249,000 not to exceed
5% interest building bonds. Dated
Aug. 1, 1948. Denom. $1,000. Due
on Aug. 1, as follows: $12,000 from
1949 to 1962; $13,000 in 1963; $12,000 from 1964 to 1968; and $8,000
in
1969.
Principal and interest
(F-A) i payable
at the
County
Treasurer's office. The bonds will
be
sold
for cash
only and at not
interest
less than par and accrued
to date of
that
state
and
delivery. Each bid must
the
bidder
interest
accrued
offers
par
of
date
to
delivery, and state separately the
premium, if any, offered for the
bonds bid
terest
bonds
check
-
shall
for
bear.
5%
to
the
plus accrued interest shall b
delivery of the bonds in Lamar
chaser.
Delivery elsewhere sha
expense
of the^pur
the
at
be
Chairman
Supervisors,
of
Board
of
Sch.
Dist., Los Angeles
County (P. O. Los Angeles), Calif.
Bond Sale—The $250,000 school
bonds offered on June 15—v. 167,
p.
2627—were purchased by the
Security-First' National Bank of
geles; American Trust Co., of San Los
Angeles, and Associates, as
Francisco,
First
Boston
Corp.,
23/4s, at a price of 101.124, a basis
Harris, Hall & Co., of Chicago, J. of
2.648%.
Dated July 1, 1948.
Barth & Co., of San Francisco,
Due serially on July 1, from 1949
Laidlaw
&
Co., of New York,
to
1969, incl. The next highest
Lawson, Levy & Williams, of San
bidder was Weeden &
Co., for
Francisco, Field, Richards & Co.,
23/4s, at 101.104.
: .:Y ;
Y '
Y Y
and Magnus & Co., both of Cin¬
cinnati, at a price of 100.08, a net Vista Unified Sch. Dist., San Diego
interest cost of 1.942%, as follows:
County (P. O. San Diego), Calif.
Bonds
$1,400,000 as l%s, maturing on
Voted—AtY an election
June 1, from 1951 to 1957, and held recently the voters approved
$2,200,000 as 2s, maturing on June the issuance of $580,000 school
1, from 1958 to 1968 incl. Dated bonds. Y
•
Y Y Y:
.•
'• /1
; /' . •
June 1, 1948. Due serially on June
West Covina School, District,
1, from 1951 to 1968 incl. The next
Y Y Los Angeles County (P. O.
highest bidder was Blyth & Co.,
Y'..
Los Angeles), Calif.
Harriman Ripley & Co., Inc., Har¬
Bond Offering — Earl Lippold,
ris Trust & Savings Bank, Chi¬
County Clerk, will receive sealed
cago, Smith, Barney & Co., Cali¬
bids until 10 a.m.
(Calif. DST)
fornia Bank,
Los Angeles, and
on
June 22 for the purchase of
William R. Staats Co., jointly, for
$45,000 not to exceed 5% interest
$800,000 as 2y4s, and $2,800,000
building bonds.
Dated July 1,
as 2s, at 100.074.
•
1
:,
1948.
Denomination $1,000.
Due
Las Virgenes Union School District, $3,000 on July 1, from
1949 to
y• Los
1963 inclusive.
Rate of interest
Angeles County (P. O.
Los Angeles), Calif.
to be in multiples of
of 1%.
be' ap
whose opinion, togethe!
printed bonds will ,bi
furnished to the purchaser withj
Denver,
the
with
A certified check jfc
out charge.
payable to the
Distric
Treasurer, is required. YY;YY
$6,400
CONNECTICUT
Y
-
Conneclicut
f
(State of)
•
| Bond
Offering— Joseph
Adorno, State Treasurer, will
r
untilnoO
bids
sealed
Julv 20 for the p
$1,750,000 world j w
bonus, series 2 coupon or regi:
tered bonds. Dated Aug. 1, 194
Denomination $1,000. Due $175,0"
(DST)
Rosemead
will
to legality by Pershin
Bosworth,
Dick
&
Dawson
oj
as
ceive/
is required.
bonds
The
chaser.
proved
A
payable
o
Denver, at the option of the pur
the
of
amount of bonds bid for,
No bid of less tha
V\ of 1%.
par
for, and the rate of in¬
said
certified
of
considered. The District will mak
on
chase Y of
Aug. 1, from 1949 to 1958, jnc
single rat
on
Each bid shall state a
of interest for the entire issue iri
and
interest payable at
State Treasurer,
the
of
of 1%., Princi
the offipj
Va
of
multiple
Hartford
Hartford,
Trust
Connecticut
-
or
at th
Trust
C
at the Manufacture']
or
The leg
Co., New York.
opinion of Storey, Thorndike, Pa
mer
& Dodge,
of Boston, appro?
ing the bonds as general oblig
will be furnis
ed the successful bidder at the e
tions of the State,
pense
of the State. The bonds wi
„
w
,
.
•
Bond
Sale—The $101,000 school
bonds offered
on
June 15—v. 167,
2626—were purchased by Wee¬
den & Co., of San Francisco, as
3s, at a price of 100.673, a basis of
2.936%. Dated July 1, 1948. Due
p.
These
at
the
are
the
election
bonds
held
authorized
on
April
Principal and interest (J-J)
8.
pay^
able at the
County Treasury. Eacli
bid
state
must
that
the
bidder
offers par and accrued interest to
delivered
be
on
or
about Aug. 3
1948, at the Manufacturers Trus
Co., New York City, against
fied
check for $35,000,
pa^
A certi
ment in New York funds.
payable t
the State, is required.
Old
Bond
will
be
Saybrook, Conn.
Offering
received
—
by
Sealed
the
bic
Towj
d
Treasurer, until 3 p.m; (DST)
June 25 for the purchase of
000
issue
school
of
1948
$186
bond
1, 1948.
Denomin
Due $10,000 on Ju
1949 to 1966 inclusiv
D^ted June
tion $1,000.
1,
from
Bidders
to
terest in
a
No
bids
accrued
name
the
rate
of
i
multiple of 1/10 of 1
for
less
interest.
than
par
Principal
a
Volume
^interest payable at the Hartford*-Connecticut
Trust
Co.,
340
inclusive. -Denomination
\"
ooo.
Hartford.
"
630 inclusive.
certified check for
000.
$2^000 payable
;\k'
Denomination $5,-/
these
florida
Orlando,
will
through
Fla.
Co., and Associates,
23,4s and 3s.
par,
No.
l it
Pinellas
.'
•d*
Bonds
June
'
Stats
the
Supreme
issuance
Court
'LOUIS.
r.
>*.
Sale
general
b
Idaho
-i
Bond
>1948
obligation,
one
L. Burton
Lake City^
on
to
1 Hated
July 1,
-Highest bidder
to the
|
will
bonds.
:i Ripley & Co., Inc., City National
tric utility revenue
On June
p.
& Trust. Co., Kansas City,
Martin, Burns & Corbett, Coughjlip & Co.,: and Murphey Favre &
,fCo., jointly, for $1,250,000 as 2'As,
15—v.
167,
District, is required.
Consolidated
Indep.
receive
sealed
bids
until
8
$1,000, $500 and
for $200. "Due $7,000 on May
Nov. 1, from 1949 to 1957, and
$7,000 .May and $2,200 Nov. 1,
and
Bonds Nos.
1958.
callable
able
116
to
156
are
interest payment
Principal and interest pay¬
date.
on
any
at Garnavillo.
The
City will
approving opinion of
Chapman & Cutler of Chicago. A
certified check for 2% is required,
furnish
$300,000 elec¬
bonds offered
-Bank
the
Denominations
City Clerk-Treasurer.
Sale—The
of
for, payable
one
the
Gilmore City
■■
.tipnal Bank,;, Chicago, Harriman
conditioned.
so
(CST) on June 24 for the
purchase of $135,200 gymnasium
coupon bonds.
Dated May 1, 1948.
Rushville, Ind.
Bond
be
p.m.
approving opinion of Ross,
McCord, Ice & Miller, of Indian¬
apolis, will be furnished.
1948.
The next
the First Na-
must
bonds, and
Offering—W. B. Kuenzel,
Secretary of Board of Directors,
The
was
ap¬
Bond
"!
,
f
Offering—Margaret WardCleik of Board of Education,
will receive sealed bids until 2
June 22 for the
purchase
of . $722,000
building
coupon bonds/ Dated July 1, 1948.
Denom.
$1,000. Due $18,000 on
Feb. and Aug. 1, from
1949 to
1966, and $18,000 Feb. and $19,000
Aug. 1, in 1967 and 1968. Principal
and interest payable at the office
of the State Treasurer. Proposals
will be received on bonds bearing
(CST)
on
may be specified by the bidders,
provided, however that not more
School District, Iowa
bid for less than par and ac¬
crued interest will be considered.
inclusive.
the printed
Garnavillo
Liven-
No
Jan. and July
1968
bids
all
Clerk-Treasurer, will
office of the
the
A certified check for 2%
..
improvement
rate
rates
or
of
interest
Stuart
three
shall
rates
be
by each bidder and not
named
more
than
rate for any one maturity. All
rates of interest to be in an even
multiple of Vs of 1%. The bonds,
duly printed, executed and regis¬
tered, will be furnished by the
Board of
Education, and the bonds
will be sold subject to the legal
opinion cf Stin;;on, Mag, Thomson
McEvers & Fizzell, of Kansas City,
whose approving opinion will be
furnished
and
paid for by the
Board
of
Education.
bid, is required.
;/
Bond
Offering—Lois Saunders,
will receive sealed
Clerk,
City
bids until 10
a.m.
(CST) on June
purchase of $1,130,000
5% interest bonds,
for the
24
not
to exceed
divided
follows:
as
follows:
as
$41,000 from
1949
to 1963, and $42,000 from 1964
to 1968 inclusive.
hospital construction
bonds. Denom. $1,000. Due on
&
k
Aug.
I
follows: $14,000
from 1949 to 1958, and $15,000
I
from
i 15,000
1,
as
1959
to
/
'•
1959
to
July
1,
The
.
Trust
Oi
Warrant Sale—An issue of $7,250,000 Board of Education 1948
,
; anticipation
warrants
was
Lsold on June 4 to a syndicate
/composed/of the First National
Continental
Bank,
Illinois
tional Bank & Trust Co.,
$18,000
Na¬
bidder
Northern
Bank,
and
the
tional Bank, all of Chicago, at 2%,
las follows: '
'■
'
educational fund
rants."'kXkkkk
e7 500,000 free text books fund
rants.
•
.
.-.'o 250,000
school
Nov.
1, from/1949 to
next highest
The
John
&
Nuveen
Co.,
100.513.
Cedar
—
Maude
M.
July 8 for the purchase of $60,000
grading bonds. Dated July 1, 1948.
Due $6,000 on July 1, from 1950
war-
:
kk
playground
to
l
1959
inclusive.
interest,
Principal and
at
the
City
Bond
payable
Offering—J,
of
Board
for
12
purchase of
bonds.
These
building
bonds offered
June 14.
Lawler
without
or
!son, County Treasurer, announces
war¬
;.*V:V
lndep. School District, Iowa
Bonds
Not Voted—At
not approve
nation of $5,000 are called for pay¬
ment.
Money for the payment of
will
be
paid
is
on
available
Lee
'
did
Not Voted—At
held
not
on
June
all bids must be
presentation
certified
through
any
bank
or
to
the
County Treasurer. Interest ceases
on
June
t
i
County Treasurer* calls for
pay¬
the following warrants:
Highway warrants, Nos. 171 to
.
;
..
-
■
..
for; 3%
bonds
bid
of
for, is
the
the issuance
$800,000 construction bonds.
of
approve
-/
k Bonds Voted
held
on
proved
-
Bond
*
June
the
At
—
Dated June
terest to be
Aug.
on
1,
1, 1948. Rate of in¬
of lk of
in multiples
1%. Bidders may specify not more
than, three
rates
bonds, and not
terest rate
disposal
on
more
the
than
one
Dated July 1, 1948. Denom. $1,-
000. Due
issuance
pool
'•
ap¬
of $30,000
construction
'
'
i
''
July 1, from 1949 to
Separate bids must be
on
1953 incl.
submitted for each series of bonds.
The approving opinion of B. A.
Campbell,
printed
of
bonds
New
will
to
them.
These
thorized at
bonds
on
2%
of
the
bonds
for,
Town, is required.
Jefferson Parish Water Works Dis¬
trict No. 2
':
(P. O. Marrero), La.
Bond Sale—The
15—v.
167,
tion held
on
May 27.
are
elec¬
on
net interest
p.
cost of
2.81%,
July 1,1948. Due serially
1, from 1949 to 1968, incl.
I.
Dated
on
July
Iberia, La.
Bond Sale—The $73,500 fire de¬
partment and refunding bonds au¬
thorized
at
the
election
held
on
March 9
tier
as
were sold to White, HatSanford, of New Orleans,
&
2s, and 2'/4s. Dated May 1, 1948.
Due serially on May 1, from 1949
to 1958, incl.
V
massachusetts
plant
bonds.
Bond Sale—The
der
was
the
National
Rockland
Bedford, Mas.
$120,000 notes
offered on June 7-r—v. 167, p. 2517
with the
—were purchased by Robert Haw¬
Depew, kins &
Co., of Boston, as IV2S, at
& Curf- a
price of 100.07, a basis of 1.484%,
will be as follows:
The
Sale—The
Note
■r
pur¬
less than par and accrued interest
be entertained. A certified
will
check
for
of/the
2%
total
payable to the City, is
These
sale
are
on
the
bonds
$50,000 municipal building notes.
:
Due serially on June 15, from
1949 to 1953 inclusive.
bid,
required.
water supply notes. Due
serially on June 15, from 1949
15,000
■"
offered. for
J.
to 1953
Jan. 15, for which all bids
received
were
rejected.
1
inclusive.
,
55,000 water mains notes. Due
serially on June 15, from 1949
1963 inclusive.
to
kentucky
Dated
Harlan, Ky.
series of 1948 bonds of¬
revenue,
fered
June 15, 1948. The next
highest bidder was the Middlesex
County National Bank, Everett,
for l%s, at 101.05.
June 14—v. 167, p. 2628—
on
Gloucester,
purchased by F. L. Dupree
Co., of Harlan, as. 3Vfes, at a
were
&
price of 103.00, a basis of 3.08%.
Dated May 1, 1948. Due serially on
May 1, from 1949 to 1962, incl.
Bond Sale—The
bonds offered
Henderson, Ky.
;
Bond
tric
Sale—The
light
and
bonds offered
elec¬
revenue
June 14—v. 167,
purchased by the
Bankers Bond Co., and J. J. B. Hilliard & Son, both of Louisville,
p.
on
2515—were
a price of 101.604, a net
interest cost of 2.153%, as follows:
as
2'/4s, maturing
l%s,
on
June
1, from 1950 to 1955, and $165,000
as
2'As, maturing from 1956 to
of
at a price of 100.31, a
1.715%. Dated July 1,
1948. Due serially on
No.
1
Sanitation Dist.
(P. O. Louisville), Ky.
County
Sale
The
July 1, from
1949 to 1968 incl. The next highest
bidder
was
Halsey, Stuart & Co.,
and Paine,
Webber, Jackson &
Curtis, jointly, for l%s, at 100.29.
jointly, at
$240,000
June 15—v. 167,
purchased by the
Bankers Trust Cb., of New York,
basis
$405,000
power
on
Mass.
$350,000 school
2628—were
p.
Bond
dam
Haverhill, Mass.
$25,000 maca¬
Sale—The
151st issue bonds
June 16
offered on
purchased by Tyler
Co., of Boston, as IV2S, at a
price of 100.159, a basis of 1.145%.
were
&
Bond
the bonds authorized at the
offered
2304—were
purchased by • White, Hattier &
Sanford, and Scharff & Jones,
both of New Orleans, jointly, at a
Ayrshire), Iowa
000 construction bonds. These
$100,000 public
bonds
Dated July 1, 1948.
will receive sealed bids until 7.30
au¬
principal amount of
payable to the
bid
July
Offering—E. W.Lundquist,
Secretary of the Board of Directors,
were
special election held
May 18. A certified check for
1959, all inclusive.
Offering—John Swanson,
District
Secretary,
will receive
sealed bids until 8 p.m. (EST) on
June 21 for the purchase of $35,-
furnished
a
Jefferson
Bond
the
Orleans,
be
the successful bidders without cost
approving
opinion
of
Stanley, Weigand, Hook
man, of Wichita, which
paid for by the City. No bids for
election
voters
drains, series
in¬
the $15,000 sewage
on
chaser will be furnished
V
an
the
3
construction
bonds.
C
Silver Lake Township Consolidated
School District (P. O.
1
Indep. Sch. Dist.,
Iowa
•
as
Logan, Iowa
re¬
V".
Cedar Rapids
O. Chicago), III.
Warrant Call—Louis E. Nelson,
conditioned. A
so
check
of
quired.
ment
,
amount
18, 1948.
Cook County (P.
voters
the
7
elec¬
an
par
printed bonds, and
series A bonds.
5,000
Bank', Boston, for l%s, at 101.211.
$1,500
j; Bond Sale—The $120,000 water
County (P. O. Fort Madison),
• '•"Iowa
'■
Bonds
tion
bonds..
better
to furnish the
and
$20,000 water works and sewerage
system, series B bonds.
15,000
streets
and
sidewalks,
$825,000
Due
from 1949 to 1958 inclusive.
the issuance of $10,-
000 construction
fol¬
as
electric light plant bonds and on
the $290,000 hospital construction
$500.
f
elec¬
an
June
Arlington, Mass.
$200,000 school
offered on June.15—v. 167, p. 2628
—were
purchased, by Weeden &
Co., as l%s, at a price of 102.127, a
basis of 1.519'%.' Dated July 1,1948.
Due serially on July 1, from 1949
to 1968. incl. The next highest bid¬
bonds.
.
tion held on June 8 the voters did
,
rants, Nos. 631 to 830, in denomi¬
warrants
on
things being equal, the
Ringgold County (P. O.
and accrued interest,
Mount Ayr), Iowa
specifying the lowest in¬
terest rate will be given prefer¬
5 Bonds Voted — At an election
ence.
The City will furnish the held on June 7 the voters ap¬
approving opinion of Chapman & proved the issuance of $70,000
Cutler, of Chicago, the purchaser hospital bonds.
of
bid
■
these
$116,000
the
are
success
other
all
Cook County (P. O. Chicago), III.
* Warrant
Call — Louis E. Nel-
/that the 1947 corporate tax
G. Weepie,
of Directors,
July
the
t Dated
i
•//.;
will receive sealed bids until
warrants.
v.y.-p"vk?k/;k'.'\ Treasurer's office. All bids shall swimming
June 15, 1948.
specify the rate of interest and, bonds.
k''
School
Independent
District, Iowa
Secretary
j
will receive
sealed bids until 10 a.m. (CST) on
war-
f
.'C
Rapids, Iowa
{Bond Offering
Krebs/ City Clerk,
$4,000,000 building fund warrants.
500,000
was
for iy4s, at
Savings
American
Na¬
'
on
inclusive.
1953
Trust Co., Harris Trust &
■j
&
Savings Bank,: of Chi¬
cago, White-Phillips Co., of Dav¬
enport, and the Iowa-Des Moines
National Bank & Trust Co.r of
Des Moines, at public auction, as
lV4s, at a price of 100.516, a basis
of 1.09%. Dated May 1, 1948. Due
;r;r
;
Sale—The
$90,000 street
bonds offered * on
June 17 were purchased by a syn¬
dicate'composed of the 'Harris
highest
bidder was the Exchange
State
Bank,
Lanark,
for
$200,000 • as
2y4s, and $200,000 as 2'As, at par.
tax
:
improvement
next
Chicago/ III.
Independence
y Burlington, Iowa
Bond
'
1965, all inclusive. Dated
1948.
k/'f
on
lows:
inclusive,
1968
disposal ; plant
Denoms. $1,000 and
sewage
..v
(CST)
provement bonds divided
New
$825,000 electric light plant bonds.
Denom. $1,000. Due on Aug. 1,
a.m.
public im¬
improvement
1
v
bids until 11
June
Coffeyville, Kan.
<\
Offering —B. P. Burris,
Clerk, will receive sealed
28 for the purchase of
$40,000 not
to exceed 4% interest
certified
A
check for 2% of the total amount
290,000
Co., as 2V4s, at a price
of 101.825, a basis of 2.085%. Dated
Share Corp., of Indianapolis; Mar¬
Jftly 1, 1948.
Due on Nov. 1, as
-at 100.883.
J
\
tin, Burns & Corbett, of Chicago;
follows:
$6,000 in
1949; $9,000
Milwaukee Co., of Milwaukee, and
from 1950 to 1952; $10,000 from
Kenneth S. Johnson & Co., of In¬
1953 to 1958; $11,000 from 1959 to
Carroll County Common High
dianapolis, as -2'As, at a price of
1961; $12,000 from 1962 to 1965,
School District No. 205 k/K
100.63, a basis of 2.18%. Dated
and $13,000 in 1966 and 1967. Prin¬
June 15, 1948. Due serially on Jan.
(P. O: Lanark), III.
cipal and interest (M-N) payable
and July 1, from 1960 to 1968, incl.
^Bond Sale—The $400,000 build- The next highest bidder was John in Gilmore City. Approved as to
king bonds offered on June 8—v';
legality by Chapman & Cutler,
Nuveen & Co., and City Securities
167, p. 2515—were purchased by
of Chicago. The next highest bid¬
Corp:; Indianapolis, jointly#, for der was Shaw &
the First State Bank of Shannon,
McDermott, for
'/at a price of 100.155, a net interest 2y4s, at 100.167. k / 2'As, at 101.80.
iowa
Bond
Town
as
one
Independent;
build¬
ing bonds offered on June 9 were
sold at public auction to Halsey,
2627—were
than
School District, Iowa
Bond Sale—The $200,000
.
purchased by a syndicate com¬
posed of the Indianapolis Bond &
f; cost of 2.4156%, as follows: $200,r
!<000 as 2y4s, maturing' on Dec. 1,
yfrom 1949 to 1958, and $200,000 as
f2^s, maturing on Dec. 1, from
Franklinton, La.
Bond
be
may
District will furnish
to furnish
'*
f
Offering—Lillian
City
the" alternative
amount of bonds bid
1 '•/ ■ •'»
Attica, lnd..
'
rop,
p.m.
55
louisiana
District, Kan.
such
opinion of Chapman &
Cutler, of Chicago, the purchaser
election
-11;
kansas
Abilene School
or
proving
Denomination
$500.
Due $500 on Jan. and July
1, from 1950 to Jan. 1, 1957. Rate
of interest to be " in multiples of
y4 of 1%, and must be the same
for all Of the bonds.
Principal
and interest (J-J) payable at the
2.13%, as follows: $738,000
2s, maturing on Jan. and July
xh from 1949 to 1963, and $512,000
1964
■
the
for the lesser amount
or
in
The
Dated July 1; 1948.
cost of
2y4s, maturing
an
of
(2735)
.
indiana
interest
las
1> from
At
submit
may
amount
bids
.
—
full
submitted ..for, the full amount of
the bonds and the lesser amount.
(CDST) on July 1, for the pur¬
chase of $7,500 not to exceed 4%
,;bCo.,* of Salt Lake City, Richards
•& Blum,., of Spokane, and Weg¬
ener & Daly, Inc. of Boise, at a
price of 100.139, a net interest
as
.
Bidders
the
by
receive sealed bids until 3.30 p.m.
tf:&> Co., both of Salt
/McDonald-Moore & Co., of De¬
troit, Continental Bank & Trust
0
; '
-
Bond
good,
T
EUXJtah, N. A., Edward
■'
'
14—
June
on
of
2515—were purchased
iby a syndicate .composed of the
r Harris
Trust & Savings Bank of
ft Chicago,
First Security Bank of
p.
Voted
k',
'j
$1,250,000
series
offered
bonds
167,
v.
'V
•*,.
:
The
—
consid¬
St.
the issuance of $30,000 road bonds.
City independent Sch. Dist.,
<
iC
'•
.
for
bonds
held recently the voters approved
•
Boise
Bonds
.
'
;;
bids
Schuyler County (P. O.
Rushville), III. ; "•
approved
of
idaho
to
be
principal
of only $1,000,000, dated
1, 1948* and maturing $100,on Dec.
1, from 1949 to 1958
000
Bond
11, the
$400,000 County
Office Building revenue bonds.
•
also
June
inclusive.
been approved as to legality
Charles
&
Trauernicht
of
County (P. O.
Voted—On
104
:
Approved as to Legality
—An issue of $510,000 bonds has
/
Clearwater), Fla.
.
County School District
(P. O. Edwardsville),
Illinois
,
O
will
amount
/Apiil 1, from 1949 to 1978 inclusive.
"
■
•'
• '
:
bids
ternate
on
ceases
ered for the bonds to the
on
at
or
Interest
^Madison
as
serially
juue
bank
any
presentation
to the County
on
June 16.
chased recently by Halsey, Stuart
&"
paid
Treasurer.
Bond Sale—An issue of $3,500,000 sewer revenue bonds was pur¬
l2%s,
be
CHRONICLE
1, as follows: $175,000 in 1949;
$220,000 in 1950; $225,000 in 1951;
$240,000 in 1952; $250 000 in 1953;
$260,000 in 1954; $270,000 in 1955;
$280,000 in 1956, and $290,000 in
1957 and .1958, all inclusive. Al¬
.,v*
The money for the payment of
warrants is available and
Town, is required.
FINANCIAL
&
.$5,^ p,m.>(GST) on June 21 for the purctiase.of $2,500,000 building bonds.
Dated June 1, 1948.' Due on Dec.
.
Corporate warrants, Nos.
Approved hs to legality by Day,
Berry & Howard of Hartford. A
to the
COMMERCIAL
THE
Number 4709
167
Due $5,000 on
from 1949 to 1953, incl.
highest bidder was the
Merchants National Bank, Boston,
The
1,
next
$2,750,000 for
l'As, at 100.13.
bonds of¬
fered on June 15—v. 167, p. 2628—
Lexington, Mass.
Note Offering—James J. Car¬
were
purchased by the Bankers
Bond Co., of Louisville, as 4s, at roll, Town Treasurer, will receive
sealed bids until 2 p.m. (DST) on
a price of 97.00, a basis of 4.181%.
Dated June 1, 1948. Due June 1, June 23 for the purchase of $95,000
1978.
school remodeling and reconstrucsewer
—
system revenue
THE
(2736)
56
COMMERCIAL
FINANCIAL
&
CHRONICLE
.
Monday, June 21, 1943
.
1
loan
tion
notes.
coupon
-
In
The bidder is to
1958.
of y4 of. 1%.
/
of
,
Note Offering—H. J. Tuhison,
$835,000 ffom 1950 to
1955, arid - $830,000: from 1956 to City Treasurer, will receive sealed
follows:
bids until 10
1958 inclusive.
Mass.,
Lynn,
$300,000 Fall River Harbor Ter¬
*
Ardle,
City
ceive
sealed
(DST)
on
chase
of
Treasurer*
J. Me-
will
until
bids
11
must
terest in
rate
one
Bid¬
of in¬
a-multiple of y4 of 1%.
Principal and interest (J-J) pay¬
able at the First National Bank of
No bid for less than par
Boston.
accrued interest to date of
delivery will be considered* The
favorable
opinion of Storey,
Thorndike, Palmer & Dodge, of
Boston, approving the legality of
and
the
bonds
will
be furnished the
purchaser,
The right is reserved
to reject any or all bids.
Lynn, Mass.
Note Sale—The $500,000 tempo¬
loan notes offered on June 16
were purchased by the First Na¬
tional JBank, of Boston, at 0.768%
discount. Due March 30,1949. The
next highest bidder was the Sec¬
ond National Bank, Boston, at
,
rary
Let B
J,
sealed
bids
June 22 for the pur¬
$60,000 stadium, coupon
bonds.
Dated July 1, 1948. Due
$12,000 On July 1, from 1949 to
1953, incl., Approved as to. legal¬
ity by Storey, Thorndike* Palmer
& Dodge, of Boston.
(DST)
chase
T
,
Sale—The
bidder
•-
was
the
Second
National
Note
.
count;
Dated
Nov.! 15,
bidder
was
15, 1948. Due
The: only other
the Merchants
Bank,
Boston, at 0.927%.
•
.'
Rowley, Mass.
-
Bond Of f ering—JOhn A.
„
Perley,
Town
—
-
of y4 of 1%. No bid for less than
100,000 water bonds.
and accrued interest will be
accepted. Principal and interest
payable at the Merchants National
par
Bank
of
Boston.
The
bonds
;
on
Due $5,000
June 1 from 1951 to 1970
inclusive.
1
will
All of the bonds
are
dated June
1, 1948. Bidder to name a single
prepared under the supervision
rate of interest, expressed in a
of and authenticated as to their
multiple of V4 of 1%.
Principal
genuineness by
the
Merchants
and interest payable at the Mer¬
National
Bank
of
Boston, and
chants National Bank of Boston.
their legality approved by Storey,
approved
by
Storey,
Thorndike, Palmer & Dodge, of Legality
Boston, whose opinion will be Thorndike, Palmer & Dodge of
be
Boston.
furnished the purchaser.„The right
Is reserved to reject any or all
'
bids.
>■'Note
Massachusetts (State
of)
Bond
Offering—Laurence Cur¬
tis, Treasurer and Receiver-Gen¬
eral, will receive sealed bids until
noon (EDST) oh June 24 for the
purchase of $22,500,000 bonds de¬
scribed below. The bonds will be
sold
in
two
lots.
Taunton, Mass.
$300,000
Sale—The
porary loan notes offered on June
15 were purchased by the Mer¬
chants National Bank, of Boston,
at 0.68% discount: Dated June 16,
1948. Due Nov. 12, 1948. The next
highest bidder was the First Na¬
Bank, Boston, at 0.688 %«
tional
duration
will
less
the 5 bonds. Dated July 1, 1948.
De¬
bid). Bidders nomination $1,000.
Due on July
rate of interest which 1, as follows: $5,000 from 1949 to
must be a' multiple of y4 or 1/10 1967, and $4,000 in 1968.
Bid¬
of 1%. One rate only must be ders shall name, one rate of in¬
named on all the bonds in a given terest in a multiple of y4. of 1%
Item.* All bids will include accrued for the entire issue and no bid of
of
the
loan
amount of premium
will
name a
interest.
$42,000
Special
Assessment
trict No. 1 bonds,
;
/
,
DisV bonds; Denom. $3,000, Due $3,000
on Aug. 1, from 1951 to l960 incV
Callable on any interest paying
j 54,000 Special Assessment Dis¬
trict No. 2 bonds.
These
date.
are
the bonds author-*'
ized at the election
Dated July 1, 1948.
tion $1,000.
Denomina¬
13.
IT.
V
*
'
"
'
" •
4
held
*
on
May
'
r
,
v
1
/
:
$111,000 bonds
15
were
pur¬
by Blyth & Co., and Jones
Shannon & Co., of Detroit,
price of 100.007* a net
cost of 1.344%, as fol¬
interest
a
$78,000
;
Special
>;
V
May 15, $46,000 as iy2S,
maturing from 1949 to 1951,
and $32,000 as 1 y4s, maturing
on
in 1952 and 1953..
On June 14 were
purchased by H. V. Sattley & Co.
of Detroit, as 2lA$. Dated June 1,
Due $25,000 on May 1, from
1949 to 1953 inclusive.
;
maturing from
1941
and $14,000 as I tys,
in 19J52 and 1953. ^
to 1951,
maturing
/
'
Dated May 15, 1948.
The-next
highest bidder was Braun, Bosworth & Co., Inc., and First of
Michigan Corp., jointly, for $42,000 as lVis, and $69,000 as ll/2S, at
100.0009.
.y; i//-
,
'
Cordes,
sealed
El
—
District
receive
e a no r e
Secretary,
bids
until
1
less part and" accrued interest will
any one
bond shall be at one rate only.
Principal and interest (A-O) pay¬
able at the State Savings Bank of
Ionia. The unqualified opinion of
F. O. Eldred and H. H. Gemuend,
Of Ionia, will be furnished with¬
out expense.
The bonds will be
delivered
at
the
of
may
or
be agreed
upon
with the
as
pur¬
,
Consolidated
Anding
Dist.)
Sch.
(P. O. Anding)t
Yazoo County
will
Miss.
p.m.
•
,
Midland.
Rate of interest to be in
of 1 %. The in¬
period
on any bond shall be at one rate
only. No bid for less than all of
the bonds or at a price less than
100% of their par value, will be
multiples
of
%
terest rate for each coupon
Bids
shall
be
condi¬
tioned upon the unqualified Opin¬
ion of the purchaser's attorney
to
be
secured
at
the
purchaser's
expense approving the legality of
the bonds!
The purchaser shall
furnish bonds ready for execution;
Bonds will be delivered at- the
State
Savings
Bank,
Midland, Or at such other place as
may be agreed upon with, the pur¬
chaser.
A
certified
check-
for
$360 payable to the District Treas¬
urer,
is required.
/
Mount Pleasant,
Bond
nings,
Mich.
v
Offering—Arthur J. Jen¬
City
Clerk,
Grand Rapids,
Certificate
Sale
—
Minn.
The
$60,000
bonds has been approved as to le¬
gality by Charles '& Trauernicht,.
of St. Louis..
♦
-1
GreenWoodMiss.
Bonds Approved as to Legality
—An issue of $8,000 public library
bonds has been approved as to le¬
gality by Charles & Trauernicht^
of
St/Louis.';
>
Oktibbeha
'
/:
1
County
(P.
•.
/;\
O.
Starkville), Miss.
'
Bond Sale—An issue of
$100,000
2Vz %• communityhospitat. bonda(
was
purchased recently- by * the
W alton-Hamp;
Johes Co., of JackJ
M. A. Saunders & Co^, of
Memphis; jointly. .Dated May 1,
1948. Due $5,000 on May 1, frorri
son,* and
.
1949 to
i968'vih'd::.^]>iproved^s' to
legality by Charles & Trauernicht,
of StrLouis;: ///
Pike and Lincoln Counties, Johnf
ston Line Consolidated Sch; Diet* *
(P. O. Magnolia), Missi t><
,;
Bonds Approved, as to
Legality
—An issue of $25,000 school bond3
has been approved as to legality
by Charles & Trauernicht, of St.
Louis.: /'/v'::'
?/ / '/ • v-1+ /
•
'
s
'
0
*''
Ripley, Miss.
'
: Bond Sale—The $230,000 street
improvement bonds offered oif
June 14—v. 167, p. 2516—were
purchased by Cady & Co./ of
Columbus, and Associates, as 3 % S,
at a price of 100.111, a basis of
3.23%. Dated July 1, 1948. Due
serially on July 1, from 1949 to
1968 incl. The next highest bid-i
der was the First National Bank,-
Memphis, for 3 lA s, at 100.108.
£
MISSOURI
/■'//.'■' Cameron, Mo.
*
Bonds Voted—At
tion held
proved
power
on
the
a
special elec-*
June 8 the voters ap-;
issuance
plant bonds.
of
/
Spickard, Mo.
/
Bond
Sale Details—In
.
•
$80,000
r. i
/
u,'ni
connect
tion with the. sole of. the $15,000
water works bonds to/the Peoples
State Bank, of Spickard, as 3s/
par,
reported
as
issue—vi
167, p.
'at
in our June 7
2516—we learri
that the bonds mature
as
follo'Ws:
1953, and '$500
March and Sept. 1; from 1954 td
March 1, 1968.
T
Sept; 1,
$500 on
.
2V2 % certificates of indebtedness
offered' on June 12 were pur¬
.
■
VV
MONTANA
■
chased by the
First National Bank
Rapids. Dated June 17.
serially on June 17,
1949 to/1954, incl.
/
of Grand
1948.
from
Due
the
such° other place
ap¬
of $I10;00()
on
Bonds
Voted—At
an
Bond
" r
Belgrade, Mont.
$35,000 watee
Sale—The
system bonds offered on June
—v. 167, p. 2410—were purchased
by Kalman & Co., of Minneapolis.
Hallandale, Minn.
Board of Education of the School
District,
the. voters
,
on
office
8
issuance
Bonds Approved as to Legality
June 21 for the pur¬
chase of $18,000 not to exceed —An issue of $80,000 school bonds
has been approved as to legality
2 Vz %
interest
school
coupon
bonds;
Dated July 1, 1948.
De¬ by Charles & Trauernicht, of St.
Louis.
'■
nominations $1,000 and $600.
Due
$3,600 on April 15, from 1949 to
Greene County (P. O. Gloster)* »
1953 inclusive.
Principal and in¬
Miss.
■
'}
terest
(A-O)
payable
at
the
Bonds Approved as to Legality
Chemical
State
Savings Bank, —An issue of $15,000 industrial
(EST)
The interest rate for
period
the
Mich.
Offering
,
coupon
June
on
MISSISSIPPI
.
each
,
construction bonds.
Fractional School District
No. 8 (P. O. Midland),
Bond
Sch. Dist. Not. |
(P.: O. Wadena), Minn; *
Voted—At .an election
Bonds
,
held
.
of V* of 1%.
Wadenci Comity
■
proved
Midland and Homer Townships
will receive
sealed fefrds until 8 p.m. (EST) oh
Juno 21 for the purchase of $130*,Flint Township Fractional School
00Q not to, exceed 2 V2 % interest
District:No; 7l(P. Ov.
water coupon bonds* Dated July 1,
1948;/ Denomination $1,000.
Due
'!>< Bond Sale—The $650,000; school
on July 1* as follows:
$7,000 from
bonds offered on June 10—v. 167,'
1950 to'1959, and $6,000 from 1960
p. 2304
were purchased by a
to 1969; all incl. Rate of interest
syndicate composed of the First of
to be in multiples of xk of 1 %.
Michigan Corp., of Detroit, Stran- The interest rate for
each coupon
ahan, Harris & Co., Inc., of To¬
period on any one bond shall be at
ledo, McDonald-Moore & Co., H.
one rate only.
Principal and int.
V. Sattley & Co., both of Detroit,
(J-J) payable at the Exchange
Paine, Webber, Jackson & Cur¬
Savings Bank, Mount Pleasant.
tis, of Chicago, Jones B. Shannon
Bids shall be conditioned upon the
& Co., S. R. Livingstone & Co.,
unqualified
opinion
of
Miller,
Siler & Co., and Crouse & Co., all
Canfield, Paddock & Stone, of De¬
of Detroit, the only bidder as 2% s,
troit, approving the legality of the
at a price of 100.035, a net interest
bonds, which Opinion will be fur¬
cost of 2.738%.
Dated May 15,
nished without expense to the
1948.
/////,;• ■
'
purchaser. The city will pay the
Ionia School District, Mich.
cost of printing the bonds. A cer¬
tified check for $2,500, payable to
Bond Offering—J. Clyde Spen¬
the City Treasurer, is required.
cer, Secretary of Board of Educa¬
tion, will receive sealed bids, until
MINNESOTA
'
3 p.m. (EST) on July 1 for the
purchase of $41,000 not to exceed
/' /v-.:/"'' Bagley, \ Minn.'' j;:;/:
/
3% interest school coTupon bonds.
Bond Voted — At an election
Dated July 1, 1948. Denominations
held on June 8 the voters ap¬
$1,000 and $500. Due on April 1,
as
follows:
$8,000 from 1949 to proved the issuance of $50,000
1951, and $8,500 in 1952* and 1953. hospital construction bonds.
Rate of interest to be in multiples Carlton County Indep. Sch* Dist.
,
equi^en'^pturchd^^'^nds..' Vi
1948.
Special Assessment;: District No. 453 bonds, .maturing
Chemical
on May
15, $19,000 as I1/* s,
33,000
;*•'
held recently the voters approved;
school the issuance *of $4,000 fire fighting
Bond Sale—The $125,000
bonds .offered
Assessment Dis¬ considered.
trict No, 452 bonds, maturing
^BqndS'/V^ted*.—; AtjanleMcticxI'''
.
tem¬
Weston, Mass.
Bond Offering—Helen E. Cut¬
name the rate of interest on each
item in a lot for which they desire ting, Town Treasurer, will receive
to bid, and the winning bid for a sealed bids c/o the Second Na¬
lot will be the one which names tional Bank of Boston, 111 Frank¬
the lowest net interest cost to the lin
Street, Boston, until noon
Commonwealth for all the items (DST) on June 22 for the pur¬
In that lot (total interest for the chase of $94,000 school loan No.
Bidders
The
lows:-
June
1948;
—
June
on
jointly, at
!
Treasurer,
will
receive
Marjorie C,
Haines, Town Treasurer, will re¬ sealed .bids, c/o Merchants Na¬
ceive' sealed bids until
IP a.m. tional Bank of Boston/ municipal
(DST) on June 22 for the pur¬ department, 28 State St;, Boston; 6,
chase Of $651,000 school coupon until 10 a.m. (DST) oh Jiine "23
bonds. Dated July 1,1948. Denom. for the purchase'6f $245,000 cou¬
$1,000. Due on July 1, as follows: pon bonds, divided as follows:
$36,000 in 1949; $35,000 from 1950 $145J)00 water bonds.
Due June
to 1958, and $30,000 from 1959 to
1, as follows: $6,000 from 1951
1968, all incl. Bidders * to name
to 1955 inclusive, and $5,000
the rate of interest in multiples
from 1956 to 1978 inclusive.
Offering
B.
Sale—The
$800,000 tem¬
porary loan notes offered on June
15-^-v.
167, pi 2628—were pur¬
chased by the National Shawmut
Bank, of Boston, at 0.90% dis¬
.Marble head,Mass*
Bond
District, Mich.
chased
^:
New Bedford, Mass.
•(
$250*000 tax
June 16 were
'
tem¬
Boston,
Bank, Boston, at 0.638%,
notes offered on
purchased by the Merchants' Na¬
tional Bank, of Boston, at 0.728%
discount. Due Jan. 18, 1949, The
next highest bidder was the Na¬
tional Shawmut Bank, Boston, at
0.739%,
$500,000
at 0.63 % dis¬
count. Dated June 8, 1948. Due
Nov. 5, 1948. The next highest
On
Dassel), Minn.
Bond Offering—L. R.
p.m.
Lyon Township School District
(Pi O.- South Lyon), Mich.
Note Offering—Lila E.
offered
porary loan notes offered on June
15—v. 167,
p. 2628—were pur¬
chased by the National Rockland
of
Note
Battle Creek School
Bond Sale
Middlesex County (P. O.
East Cambridge), Mass,
of
8
Peel, Dis¬
trict Clerk* will receive sealed
not to exceed 2^2% interest street bids .until 8 p.m.; (CST) oil June ;
improvement coupon bonds, di¬ 25 for the purchase of $30,000 not .
vided as follows:
to- exceed
3%
interest
school-
.
Bank,
until
(EST) on
July 1 for the purchase of $96,000
,
noon
bids
'
Cannon,
District
Secretary, will receive
,1960 to 1965 inclusive.
sealed bids until 8 p.m. (EST) on
Item 4-i $2,700,000 Metropolitan
June 21 for the purchase of $75,Water District: — water use de¬
000 tax: anticipation notes. Dated
velopment loan bonds. Due $90,- June
22, 1948, Denominations and
000 on Oct. 1, from 1948 to 1977"
fOrm of note to be at the option
inclusive.
of the purchaser.
,Due Jan. 31,
All of the bonds are dated April 1949.
Principal and interest pay¬
1, 1948. Denom. $1,000. None of able at the office of the Board
the
above
bonds
are
callable. of Education. Bids shall be con¬
Principal and interest (A-O) pay¬ ditioned
upon
the
unqualified
able at the State Treasury in
opinion of the purchaser's attor¬
Boston, or at the.fiscal agency of
ney approving the legality of the
the State in New York City. The
notes.
The cost of such opinion
purchasers will be furnished with and the cost of
printing the notes
an opinion of the Attorney Gen¬
will be paid by the purchaser. A
eral of the State, approving the
certified check for 2% of the total
legality of the bonds. A certified
par value of the notes, payable to
check for 2% of the amount bid,
the District, is required.
^
payable to the above Treasurer
and Receiver-General, is required:
Dearborn, Mich.
Howard
until
ed
MICHIGAN
Sale—The
.
Under wood^Minn.«+
■
Logan Airport
Improvement loan bonds. Due on
April 1, as follows: $670,000 from
1957 to 1959, and $665,000 from
Hughes, City Treasurer, will re-,
ceive
at discount of $1,-
Meeker County Independent School
District No. 47 (P. O.
*
f
.
Item 3: $6,000,000
Maiden, Mass.
—
purchase
10,1948.
Note
Offering
the
j
ski, City Clerk, will receive seal¬
Due 000,000 revenue anticipation notes.
bonds.
Dated June 22, 1948 arid due Nov.
0.769%,
Bond
loan
Kalamazoo,- Mich.
Bond Offering—Marie K. Filar-
June 21 for
on
1958 incl.
June 22 for the pur¬
$100,000
department
name
facilities
<a.m.
$30,000 on April 1, from 1949 to
a.m.
from 1949 to 1953 inclusive.
ders
minal
re¬
equipment; coupon bonds;
Dated
July
1.
1948.
Denomination
$1,000.
Due $20,000 on July 1>
Worcester, Mass.
loan
and accrued interest will be
accepted.
The right* is reserved
to reject any or all bids.
Offering—Daniel
considered.
legality
Item 2: $7,500,000 capital outlay
bonds. Due on April 1, as
No bid for less than
par
Bond
be
- Approved
as to
by Ropes, Gray, Best,
Coolidge & Rugg of Boston, whose
improvement
loan
bonds.
Due opinion will be furnished the pur¬
chaser.
The right is reserved to
$1,500,000 on April 1, from 1949
reject any or all bids.
to 1952 inclusive.
.
Item I: $6,000,000 General Ed¬
ward
Lawrence
Logan
airport
name
the rate of interest in multiples
A.*'
Lot
Dated
July 1, 1948. Denomination $1,000,
Due On July^ 1;* as follows: $10,000 from 1949 to 1957, and $5,000
election
held recently the voters approved
the issuance of $7,000 water sys¬
chaser. A certified check for $1,000, payable to the District Treas¬ tem bonds and $5,000 fire depart¬
ment improvement bonds.
urer, is Required.
Dated July 1, 1948.
:
County School District
No* 56 (P. O. Carter), Mont.
Chateau
Bond
6fferihg—Ellen M. Not-*
tingham,. Clerk Of Board of
SchooJ
Volume 167 "- Number 4709
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Trustees, will receive -sealed bids syndicate-composed of the Fidelity Lyridhurst;
—were
until July 12,
;■
mons,
for the purchase of
$33,000 not to exceed 5% interest
building
bonds.
:■
July
Dated
„
1,
1948.
Amortization, bonds will be
first choice and serial bonds
the
will
the
be
School
J-J.
A
choice of the
second
Board,
Each
proposal must
Trust Co. of Newark, Bo- specify a single rate of interest
land, Saffin & Co., B. J. Van In-- in a multiple of '% or 1/20 of 1%.
gen & Co., both of New York, and The successful bidder will be fur¬
MacBride, Miller & Co:, of Newr nished with the opinion of Haw¬
ark, faking $899,000 as 2s, at a kins, Delafield & Wood, of New
price of 100.591, a basis of 1.939%, York City, that the--bonds are
Union
payable. as follows:
check for $1,000
$859,000 series
Interest
v
certified
payable to the Clerk of Board of
March
Trustees, is required.
from
Fort
Benton, Mont.
>
Offering—L. G. Wright,
Bond
City
Clerk,
will
receive
Construction bonds.
Dated
July 1,
1948.. Amortization bonds will be
the
first
will
choice
be
and
the second
Council.
The
bonds
serial
choice
bonds
of
payable to the City Clerk, is re¬
quired.
^
-•>
-
^
Glasgow County Sch. Dist. No. 15
(P. O. Cut Bank),, Mont.
Bond; Sale—Myrtle H.; Davis,
District Clerk, will receive sealed
'
interest
6%
exceed
building
bonds. Dated July I,-1948. Amor¬
t
tization
bonds
choice >and
the
r
The
the ,first
be
be : re¬
from
years
.
A certified check for $32,'-
4
tion
awarded as follows:
$700,000 at 1.05%, plus a premium
of $2, to the Central Hanover
Bank & Trust
Voted—At
Not
held
on
Nebl
an
associates.
Dated June
Cedar
.'C-'i
Lincoln, Neb.
) B«H Offering—Sealed bids will
be received by the City Clerk uhiil 10 a.m. (CST) on July 21 for
the purchase of $150,000 not to
bxceed 3% interest sanitary sewer
system/ bonds... These" are
the
bonds
authorized
on
election
the
at
;.;"
Aprir,13.;-
"
Randolph, Neb.
*
rq
r
Bonds
held
held
April 6-were
on
pur-
recently by the First State
Bank, of Randolph, as 2%s, at a
price of 100.12.
.
|
chased
"
new hampshire
V'•
V,Frankliny N. H.
!
.Y'
"
Bond
Offering
S.
Mildred
—
Gilman, City Clerk, will receive
sealed bids until noon (DST) . on
June 28 for the
purchase of $145,©00 water coupon bonds,
Dated
July 1, 1948. Denomination $1,000.
Due on July 1, as follows: $8,000
from1049 to 1953, and $7,000 from
•
19M lo
1968, all inclusive.
ders to name
in
,
a
rate of interest
one
cipal #nd interest
(J-J) payable
National
First
the
at
and" accrued "-interest
to
of
date
Apr
proved as to legality by Ropes,
Gray, Best, Coolidge & Rugg, of
Boston.
The right is served to
reject
any or
all bids.
[ Nashua Sch. Dist.,
\
-■+
.
Valley County
(P. O; Nashua), N. H.
Voted—At an election
held recently the voters approved
the
issuance
of
$100,000
high
school*
bonds,
and
$80,000
jnentary school bonds.
,
ele:
'
Pittsbwrg School District, N. H.
Bond Sale—The $117,000 school
bonds offered on June 15—v. 167,
».
2629—were purchased by Lyons
&
Shafto, as 2s, at a price of
100.399, a basis of 1.92%. Dated
June
1, 1948.
Due serially on
-June 1, from 1949 to 1958, incl.
The next highest bidder was W. E.
Hutton & Co., and Kenneth B.
Hill
&
Co., jointly, for 2s, at
100.345.
p.
.
.
:
A
5
.
-
?■
new jersey
Caldwell School District ^N.
J.
1
Bond Bale—The $904,000
school
bonds offered;on June 14—v. 167,
p.
ar\
election
voters
of
2517
—
were
purchased by
a
Dated
purchase
from
1949
as
follows:
to bear.
June 8 the voters did
on
$585,-
Bond Sale—The
series B
167,
—v.
$141,000 school,
bonds, offered
p.
June 15
2517—were purchased
on
167,
v.
June
on
the
Gibson,
1.466%.
1, 1947. Due
serially on July 1, from 1949 to
1958, incl. The next highest bid¬
der was the Fidelity Union Trust
Co., Newark, for iy2s, at 100.157.
Newark, N.J.
Bond Offering—Vincent J. Mur¬
»
-
-
phy,
of Department of
Finance, will receive
noon
(DST) on
Director
Revenue and
sealed
June
bids until
for
29
the
purchase of $3,-
635,000 not to exceed 6% interest
coupon
vided
or
bonds
registered
follows:
as
di¬
v
$2,938,000 school bonds. Due on
July 15, as follows: $230,000
in 1949; $175,000 in 1950 and
1951; $170,000 in 1952: $163,000
in 1953;
$165,000 from
1954
to
1958, and $120,000
from 1959 to 1968, all incl.
r
600,000 emergency housing bonds.
July 15, from
Due $150,000 on
-
Offering
Bank,
par.
City
97,000 fire apparatus bonds. Due
r
on July 15, as follows: $20,000
from 1949 to 1952, and $17,000
Clerk,
will
R.
vided
registered
or'
bonds,-
di¬
follows:
as
$161,000 fire headquarters bonds.
140,000 school series, A bonds.
Dated Aug. 1, 1948. Denomina¬
tion $1,000.
Due' on Aug. 1, as
follows: $20,000 from 1949 to 1956;
$15,000 from 1957 to 1963; $8,000
in 1964, and $7,000 from 1965 to
1968, all inplusive.A Principal and
interest*-- (F-'A) 1 payable
at the
Summit Trust Co,,1' Summit. Each
proposal must1 specify in
tiple of y8 or 1/20 of 1%
rate
are
der
interest
of
to
bear.
will
be
a
bid¬
with
furnished
the
of
bonds
are
valid
obligations
certified
A
City, that
and legally
York
New
check
the
of
for $6,020
able to the City, is
District"
(DST)
on
coupon or registered
July 1; 1948. Denom.*
$500. Due $5,000 on July 1, from
1949 to 1953 inclusive. Rate of in¬
City;
pay¬
required.
Principal and inter¬
(J-J) payable at the First Na¬
est
tional Bank
The
$50,000 build¬
bonds
New
of
North
Tarrytown.
York
will
be
delivered
at
City, or at such other
place as may be agreed with the
purchaser about July 19. The ap¬
proving opinion of Vandewater,
Sykes & Heckler, of New York
City, will be furnished the
chaser
without
cost.
A
pur¬
certified
check for $500 payable to the Dis¬
trict, is required.
Newcomb
No.
•;>
Central
1
School
District
(P. O. Newcomb),
New York
Eastchester
(P. O.
Bond Sale—The $410,000 build¬
.
Tuckahoe), N. Y.
Bond
Offering
William
—
F.
ing bonds offered on Jupe 10—v.
167, p. 2410—were purchased by
Horan, Town Supervisor, will re¬
ceive sealed bids until, 11
am.
(DST) on June 22 for the pur¬
chase of $30,800 not to exceed 5%
interest
coupon
or ; registered
J. G. White &
bonds divided
1948
follows:,
as
$18,000 highway 1948 bonds. De¬
nomination
$1,000.
Due
on
.,
:
•
follows: $3,000 in
1949 and 1950, and $4,000 from
May
1,
as
1952 and
-
/.
,<■
-
*
Dated
1, 1948. Principal
(M-N) payable at the
May
and interest
First National Bank
Tuckahoe.
in
Rate
must
and
the
or
the
be
& Trust
interest
of
multiples of xk
of
2.336%
turers
and
Buffalo,
&
.
serially
highest bidder
Hall
Dated
July * 1,
Nov. 1, from
to. 1967 inclusive. The next
.
on
was
the Manufac¬
Traders
Trust
Co.,
Cross, and
Co., jointly,;for" 2y2s, at
Roosevelt <&
to
be
all
for
'.
'
1
'
New York
•■•"j'.
Note
porary
1,
'cy't'
*;' vv
City Housing Authority,
<•.
New York
Sale—The
• v. -
■
$6,000,000 tem¬
loan, series F notes offered
June 1.1—v. 167, p. 2517—were
purchased by the Chase National
on
Bank,
Salomon Bros.
and C. J. Devine &
&
Hutzler*
Co., all of New
price of 1.14%,
York, jointly, at a
plus a premium of $66.
Dated
June 25, 1948.
Due Dec. 27, 1948.
Co.,
1/10 of 1%,
same
basis
1948. Due
y';
apace
1953..
as
Co., and Sherwood
Co., both of New York, jointly,
2.40s; at a price of 100.561, a
"
1948 bonds.
Denomination $1,000 one for
$800. Due on May 1, as fol¬
lows: $2,800 in 1949; $2,000 in
1950 and 1951, and $3,000 in
Vr.
&
10053.
1951 to 1953 inclusive.
12,800 parking
the
opinion of Hawkins, Delafield &
Woods,
,
Offering—Frank L. Mar¬
District Clerk, will receive
*
bonds
successful
:
Free
be in multiples of % of
1%, and must be the same for all
—
single
the
which
The
Union
terest to
Co.,
1948
mul¬
a
&
bonds. Dated
bonds offered on June
14
v. 167, p. 2630 — were pur¬
chased by the First Trust & De¬
posit Co., of Syracuse, and the
Bank of East
Syracuse,- jointly,
as 2s, at a priee of 100.028, a basis
of
1.997%. Dated June 1, 1948.
Due serially on June 1, from 1949
to
1968
incl.
The
next
highest
bidder was E, H. Rollins & Sons,
for 2j/4S, at 100.367%.
;
ing
receive
bids until 8.30 p.m. (DST)
July 6 for the purchase of
$301,000 not to exceed 6% interest
cobpon
next
acquisition
(P. O
Sale-r-The
Bond
on
binding
1949 to 1952 incl.
William
.—
School
Common
3
sealed
Dated July
Bond
Pleasant
sealed bids until 3
p.m.
R. D. No. 3,
East Syracuse), N. Y.
Summit, N. J.
by Coffin & Burr, and Hall & Co.,
both of New York, jointly, as iy2s
at a price of 100.162, a basis of
The
of the bonds.
No.
school
First National
1948.
June 25 for the purchase of
$25,000 not to exceed 5% interest land
jointl, for 2.10s, at 100.66.
p. 2517—were purchased by J. S.
Rippel & Co., of Newark, as 2s, at
a
price of
100.41, a
basis of
1.947%. Dated June 1, 1948. Due
serially on June 1, from 1949 to
1963, incl. The next highest bid¬
was
1,
/ Bond
tin,
May 1, from 1949 to 1978, incl.
highest bidder was J. G.
White & Co., and Sherwood &
15—v. 167,
Springfield, for 2s, at
1958 inclusive.
School District No. 1 (P. O.
North Tarrytown), N. Y,
,,
June' 10—
The next
Dewitt
$69,000
June
Mount
York, jointly, as 2.10s, at a
price of 100.73, a basis of 2.044%,
Dated May 1,. 1948. Due serially
Township Sch. Dist.
(P. O. Springfield), N. J.
Sale—The
1949 to
fire
,
New
on
'■
1
by the Manufacturers and Traders
Trust Co. of Buffalo, Roosevelt &
Cross," and Hall & Co.; both of
The successful
follows:
par, as
highest bidder was Sherwood
Co., for 2.20s, at 100.335.
purchased
2517—were
p.
p.
from 1949 to 1959 inclusive.
\
(P. O. Candor), N. Y.
Offering — The $178,000
on
167,
house, series B 1948
bonds. Due serially on June 1.
;
,
Bond
school bonds offered
Springfield
der
5,400
Dated
Central Sch. Dist. No.
2s, at
as
from
on
Candor, Spence and Caroline
bonds are valid and legally bind¬
ing obligations of the Township.
A certified check for $5,120, pay¬
able to the Township, is required.
bonds offered
elec¬
an
14—v.
$11,600 fire truck, series A 1948
bonds. Due serially on June
1,
not
to
bidder will be furnished with the
Bond
Fonda,
*
new york
opinion of Hawkins, Delafield &
Wood, of New York City, that the
ap¬
At
—
June
on
2517—were purchased by the Na¬
tional Mohawk
River Bank, of
April '6 the woters
approve the issuance of
$110,000 disposal plant bonds.
did
of
Each bid must specify in
multiple of Vs or 1/20 of 1% a
single rate of interest which the
are
held
Fire District, Mohawk
(P. O. Fonda), N. Y.
Sale—The $17,000 bonds
Bond
offered
elec-
an
Loving, N. Mex.
Bonds Not Voted
tion
Plains.
bonds
'
'
-
'
Denomination
July L
on
1948.
Voted—At
Not
Mohawk
registered bonds.
July 1, 1948.
Due
only bidder, at 2V2s, at par,
Dated June 10, 1948. Due
serially
on June 9, from 1949 to
1953 incl.
.
sold.
1970, and
from 1971 to 1973, incl.
Principal and interest (J-J) pay¬
able at the Westfield Trust Co.,
Scotch' Plains
Branch,
Scotch
$40,000
Montclair, N. J.
of
bonds. The bonds will be de¬
The
only other bidder was the
Chemical Bank & Trust Co., New
'
in
1953.
Belen, N. Mex.
July 1, 1948. Denom. $1,Principal and interest (J-J)
of
Bidders to
of bonds.
rate of interest
1/20
same
1%
bidder
will
be
Bids
suc¬
furnished
the
approving opinion of
Reed, Hoyt & Washburn, of New
York
City, that the bonds are
valid and legally binding obliga¬
tions of the City. A certified check
for $72,700 payable to the City, is
required.
'
v
\
Rejected
—
)
;
bids
All
re->
ceivpd for the $166,000 general
obligation bonds offered on June
11—-v. 167, p. 2410—were
rejected.
Cruces, N. Mex.
Las
Bond
Sale—The $625,000 bonds
offered
on
2181—were
Nuveen
&
Associates,
11—v.
June
North
loway,
ceive
Arlington, N. J.
167,
Borough
sealed
Clerk,
bids
until
will
8
re¬
p.m.
July 6 for the purchase
exceed 6% inter¬
est improvement coupon or regis¬
tered bonds. Dated July 1, 1948.
Denom. $1,000. Due on July 1, as
follows: $2,000 from 1949 to 1951,
and $3,000 from 1952 to 1955, all
incl. Principal and interest (J-J)
payable at the Rutherford Nation¬
al Bank, Lyndhurst Branch No. 1,
(DST)
on
of $18,COO not to
York
New
City
or at
agreed
about July
opinion
of
as
'
system
improve-
ment bonds. "')*[>
275,000 water works
improve-
$225,000
.
l
sewer
ment bonds,
,
.■••Y
Dists., Dona Ana
County (P. O. Las Cruces),
N. Mex.
Bond
on
is required.
ing field bonds offered on June
15 — v. 167, p. 2517 — were pur¬
chased by the Franklin Square
National Bank, as
June 1, 1948.
2.20s, at
Due serially
price
a
June
on
from 1949 to 1973 incl. The
next highest bidder was George B.
Gibbons & Co., Inc.* and Chas. E.
Weigold & Co., jointly, for 2.20s,
at
100.21.
held
on
proved
June 10—v.
167, p. 2517
Voted
June
the
At
—
the
8
issuance
incinerator bonds.
an
election
voters
ap¬
of $450,000
.! '
'
!
N. Y.:
Sale—The $15,000 water
Heuvelton,
Bond
York,
Guaranty
York,
National
Trust
Co., New
City Bank, New
York, and Bank of America Na¬
tional Trust & Savings Associa¬
tion, San Francisco, at 1.35%.
Norwich, N.
Bond Offering
—
Y.
L. D. Sutliff,
Jr., City Chamberlain, will receive
sealed bids until 3.30 p.m. (DST)
on
June
29
for
the
purchase
of
700,000 not to exceed 4% interest
water-1948
or registered
July 1, 1948.
De¬
$1,000.
Due on July
1, as follows: $20,000 from 1949 to
1958, and $25,000 from 1959 to
1978, all inclusive.
Bonds matur¬
ing from 1971 to 1978 both inclu¬
sive, will be redeemable at the
option of the City, as a whole or
in part, in their inverse numerical
bonds.
coupon
Dated
nomination
order, on July 1, 1968,
or on any
interest
payment date thereafter,
interest to date
of redemption.
Rate of interest
to be in multiples of Vi or 1/10 of
at par and accrued
Hempstead Sanitary District No. 6
(P. O. West Hempstead), N. Y.
Sale—The
$295,000 Mu¬
nicipal School District No. 2 bonds
offered
payable
Hempstead, Franklin Square
Public Parking Dist. CP- O.
Hempstead), N. Y.
Bond Sale—The $150,000 park¬
Bonds
years.
Sch.
$616
1,
Dated June 1, 1948.
Due se¬
rially within 20 years from date of
issuance, the first installment of
principal payable Dec. 1, 1949.
Optional for redemption in 10
Cruces
for
of 100.65, a basis of 2.129%. Dated
e
100,000 municipal park improve¬
Las
check
to the Town,
2%s, and 3s, as fol¬
lows:
purchaser,
approving
Vandewater, Sykes & Heckler* of
New York City, will be furnished
to the purchaser without cost. A
p.
25,000 street improvement bonds.
Offering—Robert B. Gal¬
the
The
15.
purchased by John
Co., of Chicago, and
ment bonds.
Bond
with
certified
name
multiple
and must be the
a
for all of the bonds. The
cessful
with
of
in
in
such other place as may be
payable at the National
State
Bank, Newark. In bidding for the
bonds, the bidders must consider
the bonds as constituting a single
the
livered
new mexico
;
Dated
000.
issue
Bonds
,
,
Hillside School District, N. J.
Bonds Note Voted—At an elec¬
of
Bank
delivery!, will -bef accepted.
,
At
O.
,
No bid for less than par
Boston.
'
—
May 25 the
the issuance
on
Bid¬
multiple of lA of 1%.> Prin¬
the
for
sewer coupon or
school addition bonds.
Bmd Sale—The
tion
Voted
proved
VI
;
$20,000 athletic
field bonds authorized at the elec¬
.
"
'
Grove
Township Sch. Dist.
(P. O. Cedar Grove), N. J.'
i
;
Due May
000 school bonds.
•
held
30, 1948.
6, 1949.
June 8 the voters did
.
29
the
-
Union High School District bonds
offered at the same time were not
a
elec¬
©00 construction bonds.
-»
Co., New York
696,000 at 1.07%, plus a premium
of $7.46, to the Chemical Bank
& Trust Co., New York, and
hot approve the issuance of $361,-
{
June 15—v. 167, p. 2520—
were
Bonds
$256,000 not to exceed 6% interest
$10,000
$12,000
tion held
Albion School District,
June
on
2517—were purchased by the
First National Bank of
Heuvelton,
as
Dated June 1,
the
Township (P.
Plains), N.J.
of
cost
57
p.
2.657%, as follows:
,2y2s,
maturing
on
June 1, from; 1949 to I960; and
$120,000 as 2 %s, maturing on June
1, from 1961 to 1968 inclusive.
erts, Township Clerk, will receive
sealed bids until 8:15 p.m. (DST)
loan 17th series notes of¬
on
to
Plains
Scotch
porary
fered
terest
$175,000
Bond Offering—Charles H. Rob¬
Housing Authority, N. J.
not approve the issuance of
Bonds
Scotch
1957 inclusive.
to
$1,000.
500, payable to the District Clerk,
't V
payable
Borough, is required.
Sale—The $1,393,000 tem¬
is required.
nebraska
1968.
for »$360
check
Note
the. School
of
bonds 1 will
Dated
serially
*
be
will
bonds
after" five
deemable
date.
serial
choice
second
Board.
will
1948
Camden
bids until 3 p.m. (MST) on June
18 for the purchase of $325,000 nojt
to
Due
The
next highest bidder was
Kidder, Peabody & Co., R. W.
Pressprich
Co., W. E. Hutton &
Co., and Coffin & Burr, jointly,
for $902,000 as 2.10s, at 100.30.
re¬
deemable five years after date of
issue. A certified check for $2,500,
bonds.
1949 to
from
the
be
will
B
1948.
1,
purchased by Sidlo,1 Si¬
Roberts & Co., of Denver,
only bidders, at par, a net in¬
the
valid-and legally binding obliga¬
tions of the Borough.
A certified
40,000
series A
bonds.
Dated
Sept. 1, 1948.
Due serially
sealed
bids until 8 p.m. (MST) on July 1
lor the purchase of $55,000 not to
exceed 4% interest storm sewer
.
(2737)
bonds offered
on
.
,
June 10—v. 167,
1%, and must be the same for all
Principal and interest
(J-J)
payable at the National
Bank & Trust Co., Norwich. The
the bonds.
bonds
about
will
be
delivered
on
or
July 20, at the office of the
Co., 100 Broad¬
New
York Trust
way,
New York
City.
The ap-
58
THE
(2738)
COMMERCIAL
FINANCIAL CHRONICLE
&
Monday, June 21,
1
.
of
opinion
proving
'"Delafield
Hawkins,
Wood, of New York
&
City, will be furnished to the pur¬
without
chaser
certified
A
cost.
check for 2% of the bonds bid
for,
payable to the City, is required.
Beach, N. Y.
Offering — James
Adams,
receive
H.
will
Treasurer,
Village
sealed
bids
until
noon
June 25 for the pur¬
$16,500 not to exceed 5%
interest
general
improvement,
1948 coupon or registered bonds.
(DST)
on
chase of
June
Dated
Commission,
will
receive
City, will be furnished the
sealed bids at his office in Raleigh
until 11 a.m. (EST) on June 22
for
the
to
exceed
tion
chaser.
6%
interest
June
payable to the
urer, is required..
Due
1,
Bidders
the
name
in
terest
Each
rate
rates
or
may
name
of
Y\
of
held
June
on
the
proved
school
the
1
voters
issuance
improvement
*
in¬
of
ap¬
Offering—D.
the
bonds.
Principal
of the
all
for
same
interest
and
(J-D) payable at the South Shore
Trust Co., Rockville Centre. The
City Auditor, will receive sealed
will
bonds
delivered
be
New
at
Each
rate
must
be
bid
for bonds
of consecutive maturities.
$900
No bid
City
without
for
is
A certified check
payable
$330
the Village,
to
required.
Byron, N. Y. ■ "
Bond Offering—A Stewart Day-
harsh, Village Treasurer, will re¬
sealed
bids
until
3
p.m.
June 24 for the pur¬
chase
of $25,000 not to exceed
5% interest municipal building,
(DST)
1948
Note Sale—The
loan
rary
Port
ceive
North Carolina
,
on
15—v.
notes
167,
offered
Bond
son,
the
was
Bessemer
be
re¬
for
2%
:■
sealed
(CST)
bids
of the bonds.
The bonds will be
delivered at New York City, or at
such other place as may be agreed
with the purchaser about July 15,
1948.
The approving opinion of
Caldwell, Marshall, Trimble &
Mitchell, of New York City, as to
the
validity of the bonds will be
furnished
the
purchaser without
cost.
A certified check for $500
payable to the Village, is required.
,
Bond
Offering—Ida
galsky,
sealed
City .Clerk,
bids
June
on
until
23
for
M.
registered
bonds.
H.
Ro-
receive
(EST)
the purchase of
a.m.
$325,000 not to exceed
terest town claim
1948
1%%
in¬
coupon or
Dated
July 1,
1948.
Denomination $1,000.
Due
on July
1, as follows: $22,000 from
1949
to
1959
to
1958, and $21,000
1963, all inclusive.
ders to name
in
terest
of
from
Bid¬
These
the
are
election
the
at
required;r_
the
at
multiple of Y4 or 1/10
Principal and interest
Trust
Co., New York City.
approving opinion of Wood,
King & Dawson, of New York
The
City,
will
cessful
be
furnished
bidder
without
the
ders
are
rate
or
and
cost.
Cochecton
requested
rates
O.
one
New York
;
;
der, Clerk of Board of Education,
receive
sealed
bids
until
2
(DST) on June 30 for the
purchase of $15,000 not to exceed
4% interest building coupon or
registered bonds.
Dated June 1,
p.m.
1948.
Denomination $1,000.
Due
$1,000 on June 1, from 1949 to
1963 inclusive.
Principal and in¬
terest (J-D) payable at the First
National
Rate of
of
same
tified
the
Bank, Y Narrowsburg.
interest to be in multiples
1%, and must be the
for all of the bonds.
check
Board
1%.
the
name
mul¬
Each bid may
for
part
of
the
for
of
$300
A
cer¬
payable to
Education,
is
re¬
quired.
NORTH CAROLINA
tified
the
check
July 6 for the purchase of
$8,000 school bonds.- Dated July
1, 1948.
Denomination $500. Due
on
$500
on
July 1,, from 1949 to 1964
inclusive.
A
certified
check
for
2% of the amount bid, is required.
OHl°
-%
Arcanum, Ohio
Bonds Approved —An
.
issue of
$6,500 White-Way lighting system
was
recently approved by
the Village Council.
bonds
v
,
purchaser.
A
'
and/accrued
must
bid
(P. O.
Shelby), N. C.
Offering—W. E. Easter-
ling, Secretary of Local Govern¬
of
interest.
Bids
and
and
this issue.
the
state
for
may
number
the
of
bids
interest/ to
Board of Education.
y
Bonds
held-
o:
the
North
Bond
,
?
,5 :
sealed
bids
Auditor,
until
:
receive
(EST) on
in
a
issuance
fighting equipment bondsi
net interest cost of 2.783%.
Sive.'
YY
/
,
v.
Y
by the First State Bank of Sem¬
inole,
follows:
as
exceed
.6%
interest
(EST)
on
June 26
school
building
coupon
bonds.
Dated
June 1, 1948. Denomination
$1,000.
Due on June 1, as follows: $8,000
serially from 1951 tOi 1968 intr
elusive,/'
/15,000 street equipment purchase
//;; bonds at
of 2.66%.
Bidders
for a different
rate of interest in a multiple of %
of
bid
may
1%.
bid for
No
and accrued interest will be
sidered.
.
A
certified
check
for
$100 payable to the Village, is re¬
quired.
YY
•
'
ley, Assistant Clerk of Board of
County Commissioners, will re¬
the
rate
or
rates
of
may
the
name
bonds
one
rate
(having
name
interest
multiples of y4 of 1%.
in
Each bid
for
the
part
of
earliest
maturies)
and
another
rate
or
rates for the
balance, but no bid
name more than four rates,
and each bidder must
may
specify to
his
bid
the
each rate.
ties.
bonds
amount
of
to
date
/
bonds
of
Each rate may be bid
of consecutive maturi¬
No bid for less than par and
interest will be enter¬
tained. /
&
'
Ohio
.
,' y'
Bond Offering—Ella A. McCar-
ceived
sealed
(EST)
on
bids
June
25
until
for
10
the
a.rfy
pur¬
chase of $23,784 not to exceed 3%
interest
sewer
Sewer/ District No,; 1,
improvement No. 17 bonds.
Dated
July 15, 1948.
Denomina¬
tion $1,000, one for $784.
Due
on
Sept. 1,- as follows: $2,784 in
1949; $3 000 in 1950, and $2,000
from
of
V4
.
1951
interest
of
1%.
to
1959 inclusive/Rate
to
be in multiples of
Principal and interest
(M-S)
payable
at
Treasurer's,, office.;
Parma,
Call
21/fes, at
shall be presented
July 1, for payment at par and
Trust
ceases
Co.,
on
Interest
Cleveland.
date called.
on
ac¬
Cleveland
Y;
.
complete
transcript of the proceedings wilt
/ .Bond
Hoyt & Washburn of New
be
offered June 16—v. 167, p. 2631—
York
the
the /County
A
successful. bid¬
'
-r.
Sebring,
Sale
—
The
Ohio'; /
'•
Y
$34,000 bonds
of
.
on
$175,-
interest5
5%
building
par
These
the
and
bonds
election
Certified
amount
held
on
May 25.
for;; 2%
OREGON
No.\ 1~C
■" Y
-
authorized' at
A;'
'
/
*
"/'V;'''/■
County School
'
Y';i
agreeing to
interest.
of - the
of the;bid is required. "
Clackamas
f
and
accrued
were'
check
•Y/Y;t":'
£ *:'
coupons
the
pm./ (CST)
exceed
interest
rate
pay
yYY/Y/j;
Ohio
at
:
construction*
"from 3 to 21J
years. I The bonds will be. sold to *
the
bidder
offering the lowest
r—
interest
7.30.
to
municipal
a
Josephine Baker;
City Treasurer, calls for 'payment
on July 1,
$30,000 2% to 5% inter-f
est refunding street improvement
bonds. Dated Oct. 1, 1936. Denom;.
$1,000. Due Oct. 1,1966. Said bonds
together. with
matured
interest
crued
until
000-not
system
Principal > and, interest
(J-D) payable in New York City.
The, approving opinion of. Reed,
furnished
bids
of 100.17.
Dated July 1>
1948. Due serially on July 1, from
Bond
"/;■/'
i
June 23 for the purchase of
price
1949 to 1967 inclusive,
/y//
/;/
bonds. vDue serially
power
as
'
'
Ohio
Co., Inc.,
1958 inclusive/
Wilburton, Okla.'
y
~ ;
Bond Offering—Buddy Wallace,
City/Clerk, will receive sealdd
first mortgage revenue bonds was
purchased
recently
by f Braun,
County (P. O. Columbus), Bosworth
June 15—v.
maturing from" 1951 to 1954; and as 2%s, maturing from 1955'^
Bond Sale—An issue of $500,000
municipal light and
on
$4,500
The
be sold for not less than
Norwalk,
4,,
.
167, p. 2631—-were; purchased by
Calvert & Canfield,'of Oklahoma
City, as follows:-) $4,000 as 2Y&s,
is 'required. ;■ These bonds/were
offered without success on June 71
con¬
Bidders
inclusive,
to
ing bonds offered
than par
less
1951 to 1965 inclusive. yYy
YY
1949
accrued interest to
a net interest cost
$ Due;serially from
'»&'■ Spied School District, Okla. V
Bond
Sale—The; $8,500build-v
of $3,500 4 % of delivery.
These are the bonds
Dated June 1, authorized at the general election
1948. Denomination $500. Due $500 in 1947. A certified check for
$170
on June 1, from 1950 to 1956 incl.
payable to the Village Treasurer,
Franklin
requested
and
"4 /.
-
.
the
purchase
equipment bonds.
from 1951 to 1953; $10,000 in
1954;
$8,000 in 1955 and 1956, and $20,000 from 1957 to 1977
are
par
Yy
$90,000 water works extension and,;
v/yy improvement bonds at a net.
1interest cost' of 2.80%/ * Due
for
Bond Offering—W. E. Easterling, Secretary of Local Govern¬
ment
Commission, will receive
,
noon
.Lj-r'
/
Sale-^-The $105,000 bonds"
June 8 were purchased *
on
ap¬
-
as follows:
$2,000 from
1956, and $1,000 in 1957.
1,
Due
V'Y^
...Y
Seminole, Okla' ~ *
.
Bond
offered
proving opinion of Peck, Shaffet
to
ap-'
$15,000
equipment
of
y
serially from 195.1 to 1958 inclu-
different rate of interest
multiple of y4 of 1%. The
~
electiori'.
an
the /voters
the
a
,
a
8
Drumright School District; Okla.
Bond Sale—The $216,000 build-i
ing, repair and equipment bonds
offered on June 11—v. 167, p. 2411,
—were
purchased
by Evan
Davis, of Tulsa, and Associates, at',
July 1, for the purchase of $18,284.68
3%/ street /improvement
special assessment bonds. Dated
June 1, 1948. Denom. $1,000, one
for $1,284.68.
Due on Dec. 1, as
follows: .$1,284.68 in 1949; $1,000
in 1950, and $2,000 from 1951 to
1958, all inclusive.
Bidders may
bid for
At
—
maintenance
.nd fire
will
noon
June
proved
Offering —John A. Reilr
man,'City
Voted
on
street1
t
College Hill, Ohio )
^Y—-??
Y
Beaver, Okla.
bonds
amount
gross
accrued
All
■
;
inclusive,^
y:/S//";//:- OKLAHOMA
date of delivery/ Enclose a certi¬
fied check for $500, payable to the
Village Clerk, will receive sealed bonds will
bids until
Stanly County (P. O.
Albermarle), N. C.
to
Farmersville, Ohio '■). ■ / /
Offering—Carl Oldfather,
Bond
•../.
$70,000 swim/bonds offered June 1/
1949. to 1959
par
•'
cer¬
$32,000, payable
to the State
Treasurer, is required.
-
basis of about 2.49%./ Due from
a
1%. The bonds will be sold to the
District
■
;
*
-
ming pool
167, p. 2306—were awarded
City National Bank of .Tif^
fin, as 2y2s, at a price of 100.014/
Clearcreek
for
accrued
Bond
Bids will be
City, is
/
Sale—The
.
for
Cleveland County
.
—
the
to
,
to the
a different rate
multiples of y4 of
in
the
at
payable
—v.
Bid¬
Township Local School & Williams; of Cincinnati, will be
(P. O. Stoutsville), ' „
furnished, j No bid for less than
1,
Ohio
par and accrued interest.
A cerf
balance, but no bid may name
Bond Sale—The a $88,000 build¬ tified check for 1% of the bonds
more
than four rates, and each
bid for, payable to the City, is re*
bidder must specify in his bid the ing bonds offered on June 15—
v.
167, p. 2518—were purchased quired. ■' I i\ //
/ }j> • i^YYVYKamount of
bonds of each rate.
Each rate must be bid for bonds by J. A. White & Co., of Cincin¬
V North Kingsville, Ohio
Y {
nati, as 2V2S, at a price of 100.919,
of consecutive maturities.
/ Bond
No bid
Offering—^-Ida Beebe, Vil¬
for less than par and accrued in- a basis of 2.41%. Dated July 1,
;
lage Clerk, will /receive sealed
terest will be entertained. Prin¬ 1948. Due serially on March and bids;, until noon
(EST) on July 2
cipal and interest (J-D) payable Sept. -1, from 1949 to 1972 incl. for the
purchase of $17,000 6%
The next highest bidder was Hayin New York City.
The approv¬
st o r a g e
building construction
ing opinion of Mitchell & Persh¬ den, Miller & Co., for 2Ws» at bonds/ Dated June
1, 1948. .Def
100.412.
Y-.
y/Y
ing, of New York City, will be
nomination $1,000.
Due on Jan.
bonds
(having the earliest ma¬
turities) and another rate for the
.
1/10 of
to
interest in
sealed bids at his office in
Raleigh;
until 11 a.m. (EST) on June 22
for the purchase of
$470,000 not
1
Narrowshurg),
Bond Offering—Paul E. Schnei*
will
of
rate
A
Central
Rural School District No.
(P.
Offering
Bond
bid for
interest
County Auditor's
office, Fargo, until 2 p.m. (CST)
1973, inclusive. Bid¬
or
suc¬
certified check for $6,500 payable
to the City, is required.
Tusten
No. 18, N. Dak.
Bond
:
received
1950; $30,000 in 1951;- $35,000
1952; $55,000 from 1953 to
1955; $65,000 in 1956, and $75,000
(J-J) payable at the Marine Mid¬ furnished
land
prenyl
1, 1971.
bonds
in
1957 to
ders m^y
bid
in
from
May and Nov.
of
Wheatland Common School District
$100
')■;Tiffin,, Ohio
Nov. T,
less
April 20.
on
bidder at not less than par and ac~;
crued interest.
A certified check
for
made upon all or any numbei
authorized
bonds
amount of bid and accrued
interest to date of delivery. -: The
bonds shall be sold to the highest
1966; $1,500 May and $l,r
1967;'$1,000 May and
Nov. 1, 1968 and 1969; $1,500 May
and $1,000 Nov. 1, 1970, and $l,r
000
be
for
accrued
held
$1,000 from 1950 to 1953 incl. Bidr?
bid for a different rate
interest in multiples of % bf
1%, and all bids must state the
ders may
of
1965 and
interest.
bid
No
1^.
and|
1," 1964; $1,000 May and Nov. 1,
highest bidder at not less than
and
$1,000^>
for $1,064.73. Due on Dec.
follows: $1,064.73 in 1949,
as
1952; $1,000 May and Nov. 1, 1953
1954; $1,500 May and $1,000
1, as follows: $3,000 from 1950 to
1959, and $4,000 from 1960 to
par
Dated Jan. 1, 1948. Denom.
one
Dak.
Dated
inclusive.
noon (EST) on June 2Sj
purchase of $9,064.73 3%(
street improvement coupon bonds,^
for the
and
of
1968
bids until
un¬
July 1, 1948.
De¬
nomination $1,000.
Due on July
than
,
June 26 for
the purchase of $50,000 3% build¬
ing bonds. Dated May 1, 1948. De¬
nomination $500, Due $1,500 May
and
$1,000 Nov. 1, 1949; $1,000
May and Nov. 1, 1950 and 1951;
$1,500 May and $1,000 Nov. 1,
.
single rate of in¬
a
a
1%.
$30,000
name
will
11
building
coupon
bonds.
Dated
June 1, 1948. Denomination
$1,000.
Due on June 1, as follows:
tiples of lU
Tonawanda, N. Y.
i
for the purchase of
$1,600,000 not
to
exceed
6%
interest
school
bids
v
Bond Offering—John E. Pearce,
City Auditor, will receive sealed
on
bonds.
Trust
multiples of Y\ or 1/10 of sealed bids at his office in Raleigh,
l%f and must be the same for all until 11 a.m., (EST) on June 22
p.m.; (EST)
000
or
in
/
the purchase of $66,000 not to ex¬
ceed
4%
interest
improvement
-
Struthers, Ohio
number of bonds bid for and the
June 28 for
on
will receive sealed
7
Sebring.
Dist.,
gross
County. Auditors office in Rolla,
until 2 p.m.
tion
til
$4,000 street department truck,,
bonds. Second high bid of 100.144
2V4S was made by the First
William G.
—
$17,000
Halvor-
Offering—A.»O.
receive
Sch.
of:
for
'•
'
Offering
consisted
National Bank of
Local
Ohio
<
paving bonds; $13,000 fire truck^
1, 1956 and 1957; $1,500 May and
$1,000 Nov. 1, 1958; $1,000 May
and Nov. 1, 1959 and 1960; $1,500
May and $1,000 Nov. 1, 1961; $1>
000
May and Nov. 1, 1962 and
1963; $1,500 May and $1,000 Nov.
payment
City. No
A certi¬
of the bid, is
V!; I-
.
be
2.19%." Sale
and
re¬
Y.
"K
;Sutheri-
& Co., of Toledo, as 2y4S, at3
price of 100.306, a basis of about
a
of
is
Ryan,
Nov. 1, 1955; $1,000 May and Nov.
Clerk of Board of Education,
will
sociates, at 1.07%, plus a premium
of $4.
Dated June 30, 1948.
Due
Feb. 25, 1949.
The next highest
bidder
to
Rolla School District No. 4, N.
June
on
2520—were pur¬
chased by the Chemical Bank &
Trust Co., of New York and As¬
check
required.
-VY*Y?;
registered bonds. Co., Jersey City, at 1.07%, plus
Dated July 1, 1948.
Denomination $3.
'■ -•
■/yv
$1,000. Due on July 1, as follows:
Gaston County (P. O.
;
$2,000 from 1949 to 1960, and $1,/;Y Gaslonia), Ni C.
:«
000 in 1961.
Principal and interest
Bond Offering—W. E. Easter(J-J)
payable
at
the Auburn
Trust
Co., Port Byron Branch, ling, Secretary of Local Govern¬
Port Byron.
will
receive
Rate of interest to ment Commission,
coupon
fied
$329,000 tempo¬
p.
bonds
on any interest
date at the option of the
bids for less than par.
or
cost,
All
deemable
approving opinion of Mitchell &
at such other place
Pershing, of New York City, will
as may be
agreed with the pur¬ be furnished the
purchaser.; A
chaser about July 9. The approv¬
certified check for $15,000 payable
ing opinion of Vandewater, Sykes
to the State Treasurer, is required.
&
Heckler, of New York City,
will be furnished the purchaser
Fayetteville Housing Authority
York
July 1, from 1950 to 1954
on
inclusive.
for less than par and accrued in¬
terest will be entertained.
The
Board
to
land
any,
City of
Gloss/Clerk of Board of Educa¬
Smith,
M.
$500.
be
the
to
Waterford
Bond
follows:
must
the
awarded
were
certified check for
payable
New
bonds.
1, 1948,
Denomina¬ one
part of the bonds (having the bids at the office of the County
Due on June 1, as
earliest maturities) and another Auditor,
Fargo,
until
10
a.m.
$3,000
in 1949; $3,500
(CST) on June 26 for the pur¬
from 1950 to 1952, and $3,000 in | rate or rates for the balance, but
I no bid may name more than four chase of $4,500 not to exceed 5%
1953.
Rate of interest to be in
rates and each bidder must specify interest City bonds.
Dated July
multiples of 14 or 1/10 of 1%, and the amount of bonds of each
rate. 1, 1948.
Denomination $900.
Due
tion
outside
$20,000
Rolette, N. Dak.
•
Bond
1%,
rate for
one
Pur¬
charges, if
pay
delivery
award.
County
Commissioners,
quired. "Y'Y ;•
requested
are
multiples of
bid
chaser must
for
upon
Fordville School District, N. Dak.
*
Bonds Voted — At an election
as
$35,000
from
1959
to
1955; $40,000 from 1956 to 1966,
and $50,000 in 1967 and 1968, all
to
time^ of
1% of the par value of bonds bid
follows:
inclusive.
at the
der
Columbus. 1 A
.
NORTH DAKOTA
bonds.
Denomina¬
June
on
State Treas¬
school
coupon
1948.
1,
$1,000.
pur¬
A certified check for $9,-
400
purchase of $750,000 mot
building, series A
Dated
Ocean
Bond
ment
District;>
(P.1 Oi Milwaukie),
Oregon C ,Y
•»
-
Bond
Sale—The
struction
$460,000
bonds offered
con¬
May 5 *
by the i United
States National Bank, and BlyOi
& Co., both of Portland,./jointly,5
at a price of 10Q.021,, a net in-;:
were
on
purchased
terest cost of
$182,000
Dec. 15,
2.3896%, as follows:''
2M;s, ; maturing
on
from 1948 to 1956, and
$170,000
as
as
2 %s, /maturing /from
1957 to 1963, and $108^)00 as 2 Yz$,
maturing
from
1964
to
1967,
all
olume
167
Number 4709
I
THE
COMMERCIAL
pensive.
Dated June 15, 1948.
legality by Winfee, McCulloch, Shuler & Sayre,
[piproved
as to
If Portland.
I
I
,
K i ^#
*
YForest Grove
(j
__
Sch.
Elem.
Forest
I Bond
^
Dist.,
Grove), Ore.
Sale—The
$250,000
Iriiction bonds authorized
flection held
Dated July.1, 1948. Denomination
$1,000. .Due $5,000
1949
to
terable
,
^Washington County (P. O.
I
eon-
the
at
April 5 have been
Dated May 15, 1948.
on
bid as 3Vis.
flue in 20 years.
July 1, from
Registo principal only. Bid-
1968
as
ders to
UtVity District
I
(P. O. Tillamook), Ore.
LBond Sale—The $250,000 elec¬
tion
bonds
revenue
12—v.,'167,
pine
offered
on
of interest
opinion
urer
bonds will be accepted.
The
purchaser
will
receive
without
charge the opinion of BurgChurchill
&
Ruff in,
of
any
valid
that
and
the * bonds
general
are
obligations
of
the City.
A certified check ..for
$2,000 payable to the City, is re¬
quired. "
\
"
'
Jeannette, Pa.
Bond
Sale
—
„
The $125,000
provement bonds offered
15—v,
167,
chased
R78 inclusive. '
im¬
June
on
2631—were
p.
of
the
the
Ll5%..;Dated July 1, 1948.
Due
brially on July 1, from 1952 to
for
PENNSYLVANIA
,
Allentown
,
I Bdnd
[rater
Authority, Pa±
The
$3,250,000
Sale
—
bonds offered on
revenue
June : 15—v.- 167, p. 2631—were
[urchased by a syndicate com|osed of the First Boston Corp.,
Ripley & Co., Inc., E. H.
Sons, : A. > Webster
bougherty & Co., Schmidt, Poole
to
1968
inclusive.
Harrison
and
to.,
& Co., Janney &
Philadelphia, at
Co.,
&
of
all
price of 100.003,
a
[net
The
next
high¬
Co., Inc.,
and R. C, Schmertz & Co., jointly,
for 2s, at 100.30.
/ •
Millvale, Pa.
-
Bond
ler,
Offering—Harvey J, Dil-
Borough
ceive
Secretary,
sealed
(DST)
bids
June
on
will
until
29
rev
8
pun.
the
for
hi July
Lin
|s
1,
as
from -1949 to 1969;
2ygs, maturing on July
1970.and
1971; and $1,110,000
2V4$, maturing on July 1,-from
B72 to 1977,
all inclusive.; Dated
Lly
1, 1948.; The next highest
bidder was Halsey, Stuart & Co.,
flair & Co., Inc., Union Securities
torp.,
Hemphill,
York;?
New
:
[foyes
Co., Hornblower &
peeks, B. J. Van Ingen & Co.,
Hackey* Dunn & Co., Thomas &
Co.J
Dulles
Wurts,
Co.,
&
and
Lrthurs, Lestrange. & ; Klima,
bintly, for $115,000 as 5V2s, $2,[75,000
pur¬
[
(P. O. West Chester), Pa.
Offering—M. H. Brock,
Chief
of
Clerk
ioners,
will
fntil
p.m.
8
Commis-
County
sealed bids
on June 29
receive
(DST).
the purchase of $1,300,000 gen-
pr
pal
obligation
coupon
bonds,
bated July .1, 1948.
Denomina¬
tor!
$1,000.
'from
Due $52,000 on July
-
to
1949
inclusive,
1973
late Of interest to be in multiples
% of 1%. Registered as to
principal only. Bids will be re¬
vived for the entire issue at any
pie rate of interest, but no bid
pmbining two different rates will
f
These bonds are isto
the
favorable
accepted.
e
ued
•
subject
Townsend,
Elliott
pinion
of
lunson,
of Philadelphia, and will
;
&
is required.
opinion
that the bonds
eral
A
certified
bonds offered
chased
lM>s,
as
(2739)
Bond
of
by
the De¬
Commonwealth,
pe
heck for 2%
the
A certified
of the face amount
bonds, payable to the Dis-
sealed
(EST)
chase
$1,000 pay¬
59
bids
June
on
until
25
of $390,000
1948.
the
for
p.m.
pur¬
Dated Aug. 1,
$1,000.
Due
follows: $21,000 from
as
1950 to 1959, and $20,000 from 1960
to
all inclusive.
1968,
be
received
either,
as,
bonds
as
the
for
the
Bids
non-callable
will
issue
entire
bonds
subject to call at
inverse
numerical
or
par
order
in
of
their
maturity on any interest
payment date on or after Aug. 1,
1959.
Bidders may submit bids
both
bonds,
non-callable
and
the
callable
or
interest
rate
for
each may
differ, but no bid com¬
bining two or more different rates
of
interest
for
non-callable
bond
for any of the bonds will be con¬
sidered.
bonds
Rate of interest to be in
Elliott &
Dubois,
Pa.
h^-v,
167,
2631—were
p.
pur-
based by C. C, Collings & Co.,
p Philadelphia, as lV2s, at a price
if 100.039, a basis of 1.49%. Dated
Due serially
lily 1,1948.
L from. 1949
[he^
.
to
1959
July
on
inclusive,
bidder
next; highest
was
auset, Steele & Co.; for l%s, at
p° 96.; :
East
Bond
thereof
have
been
Department
of
the
approved
of
Internal
Commonwealth.
certified check for 2%
amount
of
the
bonds,
by
Af¬
A
of the face
payable to
the District Treasurer, is required.
Pottsville, Schuykill County (P. O.
Pottsville), Pa.
!
Bond Offering—Frank A. Mat¬
thews,
City
Clerk,
will
receive
sealed bids until 7 p.m. (DST) on
June 23 for the purchase of $400,000
general
obligation
improve¬
W.
July 1, from 1949 to 1968 incl.
on
[orsey; • Borough Secretary,
Bonds maturing from July 1, 1959
br
callable in whole
will
pceive sealed bids until June 24
the
purchase of $25,000 genral obligation coupon bonds. De-
pmination $1,000.
fity
Clerk,
—
will
Ids until .7 p.m.
ior
the
L. O. Clowes,
receive
(DST)
purchase
bneral obligation
to
of
sealed
on
June
$100,000
coupon
bonds.
1968,
both
inclusive,
or
shall
be
in part in
in¬
numerical order, at par and
accrued interest, on July 1, 1958,
verse
interest payment date
thereafter at the option of the
City. Registerable as to principal
only.
Rate of interest to be in
multiples of % of 1%.
Principal
or
Farrell, Pa,
Bond Offering
both
of
100.40,
New
York,
as'2.20s,
basis of 2.218%.
a
at
Dated
June 1, 1948. Due
serially on June
1, from 1954 to 1972 inclusive. The
on
and
any
interest
No.
(J-J) payable at the
City Treasurer's office. The bonds
County School District
(P. O. Columbia), S. C.
1
Bond
school,
fered
jointly, for 2.20s, at 100.27.
Housing Authority,
>
$80 to the Chemical Bank
& Trust Co., New York and
Associates.
^
SOUTH
CAROLINA
■Anderson
County School District
(P. O. Anderson), S. C.
No. 17
The
purchased
for
water
1948
the
Chase
receive
purchase
oh
bids
June
of
$560,000
improvement, series
works
bonds.
as
Long,
sealed
(CDST)
p.m.
the
Dated
July 1, 1948.
$1,000.
Due
on
follows: $17,000 in 1951
Denomination
,
and
1952; $18,000 in 1953 and 1954;
$19,000 in 1955; $20,000 in 1956
and 1957; $21,000 in 1958;
$22,000
$1,000,000
by
the
and
in 1959 and 1960; $23,000 in
1961;
$24,000 in 1962 and 1963; $25,000
in 1964; $26,000 in
1965; $27,000
1966; $28,000 in 1967; $29,000
1968;; $30,000 in 1969; $31,000
in 1970; $32,000 in 1971; $33,000 in
1972, and $34,000 in 1973.
All
in
in
a price of 100.50, a basis
of 2.459%. Dated June 1, 1948. Due
bonds
maturing on or after July 1,
1958, shall be subject to redemp¬
at the option of the
City, in
serially
on June 1, from 1949 to
inclusive. The next highest
bidder was the Northern Trust
1968
tion
Co.; Chicago, Harriman Ripley &
Co., Inc., Alex. Brown & Sons, and
Johnson, Lane, Space & Co., joint¬
inverse
ly, for 2V2s, at 100.445.
days', published notice, at
1,
June
on
proved
At
the
8
and
election
an
voters
issuance
the
water
—
of
$2.50
$661,00Q
on
July
interest pay¬
30
upon
par and
for
premium of $40 less
each
year,
fraction
or
thereof, from July 1, 1957, to the
date
of
redemption.
Principal
and interest (J-J)
payable at the
Campbell County (Pi O.
Mound
order
any
therafter,
terest plus a
ap¬
bonds.
sewer
on
redemption on July 1, 1957, and
thereafter at par and accrued in¬
Aberdeen, S. Dak.
Voted
or
date
accrued, interest plus a premium
of $40 as to each bond called for
SOUTH DAKOTA
Bonds
numerical
1957,
ment
•
held
to the Central Hanover Bank
;
Sale,—
unlimited tax bonds of¬
June 15—v. 167, p, 2519
on
—were
tile-Commerce Bank & Trust Co.,
of
29
will
7.30
July 1,
Richland
City
water
Offering—John R.
Mayor,
until
National
Southern
of
The
—
authorized
Springfield, Tenn.
Bond
100.14.
highest bidder was Harriman
Ripley & Co., Inc., and Mercan¬
,
&
Authorized
bonds.
sewer
Bank, Atlanta, jointly, for 2V2S, at
next
Chemical Bank & Trust
City), S. Dak.
Co., New
City, or at the Commerce
Bank, Springfield, at the
tion held on June 1 the. voters
All interest
did not approve the issuance of option of the holder.
rates bid must be in multiples of
$60,000 construction bonds. ;,
Yi of 1 %, and not more than three
Dell Rapids, S. Dak.
rates may be
specified,
Bonds
Voted—At
Not
York
elec¬
an
Union
Bids
No
Received—There
provided,
that
were
only
interest
one
named for any one
bids received for the purchase
no
bonds
of the
will
be
rate
be
maturity, The
sold
for not less
$20,000 park pavilion 1948
than par and
on May 24.—V. 167,
accrued
interest.
The approving opinion of
r.- v...y/
Chap¬
man
&. Cutler, of
Chicago, to¬
Hot Springs, S. Dak.
gether with the completed bonds,
Bond Sale—The $90,000 sewage will be furnished the
successful
disposal plant bonds offered on bidder without' cost.
A certified
June 7
v,
167, p. 2519 — were check for $11,200 payable to the
purchased
by . the
Allison-Wil¬ City Treasurer, is required.
bonds offered
2307.
p.
—
^Bond Offering—J. A. Woodson,
Secretary
of
Board
of
Trustees,
will receive sealed bids until
(EST)
June
on
chase
of
bonds.
28
$500,000
for
noon
the
school
pur¬
coupon
Dated
liams Co. of
Minneapolis, as 2V2s,
Dated June 1, 1948. Due
on June 1, from 1951 to
1968 inclusive.
; '
'
v
at
,
cently to the Menno State Bank.
$25,000
from
These
$30,000
from
sive.
1964
1969
to
1968;
inclu¬
1973
to
Principal and interest
able
at
the
Chemical
Co.* New York City.
tered
as
to
must
all of the
for
bonds,
price offered must be not
less than par and accrued interest
and the
the
to
are
rates
Vs
date
of
delivery.
requested to
of
interest
1/10
or
name
of
in
1%
multiples
not
be
furnished
Voted —At
June
on
proved
with
the
the
will be delivered
on or
bonds
or
as
soon
A
certified
check
for
County School District
(P. O. Blacksburg), S. C.
Sale—An issue of $62,000
construction bonds was purchased
recently by the Robinson-Hum¬
phrey Co., of Atlanta, and G. H.
No. 2
Bond
Dated
April 1, 1948.
Approved as to legality by Huger
Sinkler, of Charleston.
Darlington County School District
No. 2 (P.O. Darlington), S. C.
Bond Sale—The
bonds
offered
purchased
by
on
the
Trust
10
were
Co.
of
one
will
system
awarded
be
all or none, to:
offering the lowest net
Jqne 11—v. 167,
by the
Mid-South Security Co., of Nash¬
ville, at a price of 100.149, a net
interest cost of 2.026%.
Dated
June
1, 1948.
Due serially on
purchased
1, from 1949 to 1956 inclu¬
V
Bond
'
v'
not
to
bonds.
—
exceed
E.
B.
4%
interest
series
revenue,
B
Dated March 1,1948.
De¬
$1,000.
Due on Sept.
1, as follows: $2,000 in 1949 and
1950; $4,000 from 1951-to 1959 and
$5,000 from 1960 to 1971, all in¬
nomination
clusive.
Bidders
name
a
rate
of
are
S)
at the
requested to
interest
tiples of V4 of 1%.
in
mul¬
Payable (M-
Central Hanover Bank
& Trust Co., New York
City. The
being issued subject to
approving opinion of Chap¬
bonds
the
man
&
are
Cutler, of Chicago, and all
bids must
be
so
conditioned.
No
bid for less than par and accrued
interest.
A
certified
check
for
$5,000 payable to the Town, is re¬
quired.
deduction
of
TEXAS
Aransas
County Navigation District
No. 1 (P. O. Rockport), Texas
Bond Offering —
Emory M.
Spencer, County Judge, will re- ;
ceive
sealed
(CST)
bids
June
on
interest
Erwin, Tenn.
Offering
after
until
21
10
a.m.
the
for
pur¬
chase of $45,000 not to exceed 4%
Clark,
Town
Recorder,
wilL receive
sealed bids until 1 p.m (EST) on
June 23 for the purchase of $100,000
cost
on
2519—were
$135,000 school
June
multiples of Y4 of
rate is to apply to all
bonds of both issues.
The bonds,
1%, and
any premium.
bonds offered
p.
&
Co., of Columbia,
jointly, as follows: $32,000 as 23As,
maturing on April 1, from 1949 to
1954, and $30,000 as 2Y4S, maturing
on April
1, from 1955 to 1958, all
July 1, 1948. Rate of in¬
the bidder
$200,000 elec¬
revenue,
series
B
water4 works
Cherokee
Dated
terest to be in
Sale—The
Bond
tric
■
inclusive.
ap¬
$8,500
interest
as
$10,000 payable to the District, is
required.
'
:
Crawford
of
about July
thereafter
completed, in Anderson or New
York City, at the option of the
purchaser.
voters
TENNESSEE
•
15, 1948,
the
8
•
1958 incl.
election
an
issuance
sive.
The
$30,000 road bonds. Due $3,000 on
July 1, from 1949 to 1958 incl.
30,000 public building bonds. Due
$3,000 on July 1, from 1949 to
Cleveland, Tenn.
June
bonds.
16.
system bonds.
sewer
chaser
the
March
on
exceed 3% interest bonds divided
follows: *
"
:
as
<
held
approving opinion of Reed, Hoyt
& Washburn, of New York City,
but
the cost
of obtaining such
opinion must be paid by the pur¬
of
authorized
Butler,
County Judge, will receive sealed
noon
(CST) on July 5
for the purchase of
$60,000 not to
bids until
.
Bonds
of
more
than three rates may be named by
The successful bid¬
will
bonds
Nisland, S. Dak.
or
each bidder.
der
at the election
Bidders
the rate
and
the
are
&
Regis¬
Each
principal only.
be
Menno, S. Dak.
Bonds Sold—An issue of $20,000
water works bonds was sold re¬
pay¬
Bank
Trust
bid
and
White County (P.O. Sparta), Tenn.
Bond Offering — S. G.
par.
serially
July 1, 1948.
De¬
nomination $1,000.
Due on July
1, as follows: $10,000 from 1949
to
1953; $15,000 from
1954
to
1958; $20,000 from: 1959 to 1963;
,
r
Samuel
—
These
ment coupon bonds. Dated July 1,
1948. Denom. $1,000.
Due $20,000
McKeesport, Pa.
Offering
1%,
subject to the
opinion of Townsend,
Munson, of Philadelphia,
ceedings authorizing the issuance
fairs
V
of
issued
will be delivered to the pur¬
chaser only if and after the pro¬
I
,
of
are
and
the
„
$619,000 refunding.series 11-C bonds offered
on June 15—v. 167, p. 2519—were
purchased by the National City
Bank, and the Bankers Trust Co.,
.
for
$800,000
2V2s, at
The
—
re¬
7
general obliga¬
' Denomination
Aug. 1,
on
issuance
2V2S, at a price of
100.19, a basis of 2.474%.
Dated
July 1, 1948.
Due on July 1; as
follows: $8,000 from 1949 to 1957;
$9,000 in 1958; $10,000 from 1959
to 1961, and $12,000 in 1962 and
1963. The next highest bidder was
Johnson, Lane Space & Co., and
as
National Bank of New York, and
Providence, R. I.
Sale
Tenn.
bia, jointly,
Bonds
the First Boston Corp., jointly, as
RHODE ISLAND
Bond
Paris,
has
by Halsey, Stuart & Co.,
at a price of 100.569, a
1963 inclusive. Approved as to
legality by Townsend, Elliott &
Munson, of Philadelphia.
i,
District, Pa.
—
Harold
R.
tion coupon bonds.
pict Treasurer, is required.
[Bond Sale—The $76,000 general
pl^g^ion bonds offered on June
were pur¬
Varnedoe,
Commission
Citizens
sewer
to
Borough.
the
School
Offering
multiples
triment of Internal Affairs of
June 8
on
of. Atlanta,
Chisholm & Co., of Savannah and
G. H. Crawford & Co., of Colum¬
basis of 1.42%. Dated June 1,1948.
Due $10,000 on June 1, from 1949
without
Borough, is required,
Norristown
favorable
tave been approved
O.
Georgia,
of
check for
able to the
porizing
thereof
(P.
Upner Darby), Pa.
valid and gen?
are
obligations
delivered to the purchaser only
[ and after the proceedings au-
issuance
;
& Trust Co., New York.
Burgwin,
Churchill & Ruff in, of Pittsburgh, '{76,000 at 1.07%, plus a premium
the
ka
the
the
of
Bond Sale—The $150,000
;
*
willreceive
purchaser
charge
ceive
[Bond
check
value
\ Upper Darby Township
V '
Kratz, District Secretary, will
County Institution District
Theater
certified
par
Rhode Island
Due on July 1 as follows:
Note Sale—The $1,326,000 tem¬
$2,000 from 1950 to 1954, and $4,-J
porary loan 13th series notes of¬
000 from 1955 to 1964 inclusive,
fered on June 15—v. 167, p. 2520—
Bidders to name a single rate of
were awarded as follows:
interest in a multiple of
of 1%.
$1,000,000 at 1.06% plus a pre¬
No bid for less than par and ac¬
mium of $5 and $250,000 at
crued interest or for less than all
1.05%; plus a premium of $1,
of the bonds will be accepted. The
$380,000 as
2V2s, and
as
pis, at 100.007.
&
bonds, payable to the City Treas¬
chase of $50,000 general obligation
L'i Woonspcket
bonds. Dated July 1, 1948. Denom.
interest cost of 2.13434%, as
bljows: $1,805,000 as 2s, maturing $1,000.
B35,000
A
the
of
&
bidder was Blair &
est
&
\ Co., Dolphin
Leonard
of
larriman
Lollins
Moore,
Elliott
pur¬
Fauset, Steele & Co.,
Pittsburgh, jointly, as
l%s, at a price of 100.05, a basis
of 1.73%,
Dated June 1,
1948.
Due serially on June 1, from 1949
both
I
by
Townsend,
bonds.
2%
Lynch and
td
b
CHRONICLE
Munson;
of
Philadelphia, such
opinion to be paid for by the City.
The City will pay for the
printing
of
p.
of Des Moines, the only bidas
4s, at 98.04, a basis. of
ler]
t
FINANCIAL
issued subject to the favorable
are
a
multiple of y8 of 1%.
No
bid for less than par and accrued
interest or for less than all of
2307—were
by the Ballard-Hassett
[urchased
lo.O
rate
one
in
win,
Peoples
on
inclusive.
name
Pittsburgh,
Tillamook
L
&
*
navigation
1948. .Due
July 1,
bonds.
on
Dated
Jan.
1,
as
follows: $2,000 from 1949 to 1963,
and
$3,000 from 1964 to 1968 in¬
clusive.
These
thorized
at
April
,.
6..
an
bonds
were
election
Principal
au¬
held
on
interest
and
(J-J)
payable at a place pre¬
by the purchaser.
Bids
may be submitted on a combina¬
ferred
tion
in
of
not
more
than two
multiples of .1/?
District
will
of 1%.
furnish
rates
The
the
printed
copy of the legal pro¬
ceedings, the approving opinion
of any recognized bond attorney,
bonds,
a
and will deliver the bonds to the
bank
designated by the purchaser, ~
all without cost to him.
trict
will
receive
bids
The Dis¬
on
bonds
bearing 10-year option and bonds
bearing 15-year option.
A certi¬
fied check for $900, is required.
Corpus Christi, Texas
Sale—The $2,200,000 wa¬
ter works revenue bonds offered
Bond
COMMERCIAL
THE
(27401
W»
June 11—v.
by
by McCall, Parkhurst &
Crowe of Dallas, and Chapman &
Cutler, of Chicago.
Sale—The $3,250,000
Additional
various
general obliga¬
purposes
the
at
offered
bonds
tion
same
purchased by a syndi¬
by John Nuveen &
time were
headed
cate
C. Aliyn & Co., both of
Chicago, and consisting of Paine,
Webber, Jackson & Curtis of Chi¬
Co., A.
Stranahan,' Harris & Co.,
Inc., of Toledo, B. J. Van Ingen
& Co., of New York, Barcus, Kin¬
dred & Co., C, F. Childs & Co.,
both
of
Chicago,
Roosevelt &
Cross, of New York, Stern Bros.
& Co., of Kansas City, Rauscher,
Pierce & Co., of Dallas, Russ &
Co., First of Texas Corp., Ditt¬
mar & Co.,
Dewar, Robertson &
Pancoast, all of San Antonio, First
of Cleveland Corp., of Cleveland,
B. V. Christie & Co., of Houston,
Commerce Trust Co., of Kansas
City, Boettcher & Co., of Denver,
Fox, Reusch & Co., of Cincinnati,
Moroney, Beissner & Co., J. R.
Phillips Investment Co., Rowles,
Winston Co., all of Houston, Wal¬
ter, Woody & Heimerdinger, Weil,
Roth & Irving Co., both of Cincin¬
nati Chas. B. White & Co., of
Houston and F. Bert Smith & Co.,
of Corpus Christie, at a price of
100.038, a net interest cost of
3.5239%, as follows: $760,000 as
3s/4s, maturing on June 1, from
1949 to 1960, and $2,490,000 as
3*/2s, maturing on June 1, from
cago,
1p61
Dated
inclusive.
1973
to
as
follows:
to
1954;
$22.
and $5,000 from
all inclusive.
Longview, Texas
Bonds
Voted
At
—
County
District
•'
Antonio
and
Co.
Trust
the
Texas
of
Dallas, at a price
of 100.0547, a net interest cost of
2.44%, as follows: $310,000 as 2y4s,
maturing on June 1, from 1949 to
1954, and $490,000 as 2l/2S, matur¬
ing on June 1, from 1955 to 1963
1959
3y4s,
as
to
after
10
1948.
be
R.
the
First
Southwest Co. of Dallas, at a
of 2.17%.
the
proved
read
issuance
of
$132,000
improvement bonds.
Dallas Housing Authority, Texas
Note
Sale—The $2,176,000 tem¬
porary loan ontes offered on June
15 — v, 167, p. 2520 — were pur¬
chased by the Bessemer Trust Co.,
of Jersey City, as follows:
$442,000
26th
series
1.06%, plus
1,734,000
1.04%, plus
f
Dated June
premium of $3.
a
27th
at
notes,
series
a
notes,
at
ally from 1949 to
1956 inclusive.
000
County
awarded
Independent Sch. Dist.,
curities
issue
$240,bonds was
hospital
to
the
Columbian
the
Chemical
Bank
&
Trust
•offered
Sale—The
June
on
from 1949 to 1956 inclusive.
issue
pur¬
chased by the Dallas Union Trust
Co. of Dallas, as 2%s, at a price
of 100.243, a net interest cost of
2.738%, as follows:
$105,000
street
bonds.
improvement
Due serially on Jan.
1, from 1961 to 1976 inclusive.
100,000
library
building
bonds.
Due serially on Jan. 1, from
1961 to 1975 inclusive. '
„■
Dated Jul.y 1, 1948.
Additional
time
Sale—At
the
same
issue
of $500,000 school
purchased by a syndi¬
cate composed of C. F. Childs &
an
bonds
was
Co. of Chicago, Dittmar & Co. of
San Antonio, Rowles, Winston Co.
of
Houston
and
Fox,
Reusch
&
Co. of
Cincinnati, at a net inter¬
est cost of 2.7635%, as follows:
$91,000 as 3's, maturing on Jan. 1,
from 1950 to 1961, and $409,000 as
^%s,
maturing
on
Jan.
1,
from
1950
in
whole
maturity at
par
interest
any
on
payment
and
in¬
after
date
of
must
the election held
on
able
terest
1%.
Principal
(J-J)
the
Milwaukee Co.,
2y4s, at 101.226.
for
New
schoolhouse
June
10
bonds
at the De¬
Finance of Henrico
in
Richmond.
certi¬
A
fied check for 2% of the par value
of the amount of bonds bid for.
payable to the County, is required.
Bond
Beissner &
Co.
of
on
Pay¬
Hanover
bonds
offered
June
on
10
purchased by the Columbian
Securities Corp.,
of Texas, and
were
Chicago, Strana¬
han, Harris & Co., Inc. of Toledo,
000
Southwest
Co.
R.
of
3s,
as
1948.
J.
maturing on July 15,
from 1980 to 1982, all inclusive.
Dated July
15, 1948.
The next
highest bidder was Underwood,
bonds offered
June
on
16—v. 167.
2632—were purchased by HalStuart & Co., as iy2s, at a
price of 100.045, a basis of 1.494%.
p.
sey,
the
purchase
general
bonds.
June
on
inclusive.
vited to
interest
bear.
only.
June
which
Due
from 1949 to
Registered as to
Bidders are in¬
the
rates of
or
bonds
the
at
fice.
City
The
to
are
Principal and interest
able
1,
1,
the rate
name
of
improvement
Dated
Denomination $1,000.
principal
pay¬
Treasurer's
Holstein
Sch. Dist., No. 5,
Wisconsin
Sale—The issue of $160,
building bonds offered Jun
16—v, 167, p. 2308—was awarde
to, the
cago,
Northern
2s, at
as
Trust Co., Chi
price of 100.781
a
basis of about 1.93%.
a
to
1968
Due fro
inclusive..
The Mil
waukee Co., second high
offered 100.327 for 2s.
bidder
Pembine, Wis.
Bond
approving
tified
check
for
value
of
bonds
the
2%
of
bid
the
for,
par
pay¬
Sale
The
—
bonds offered
$30,000
roa
June 15—v. 167
on
2632—were purchased by Gil
lespie & Wouters, of Green Bay
as 214s.
Dated May 1,; J948. ; Du
serially on May 1, from 1949
p.
1958 inclusive.
j
,
Wauwatosa, Wis.
Bond Sale — The $300,000 25t
series school (non-callable) bon
offered June 15—v. 167, p. 252
were
awarded to the First Na
tional
Bank
of Chicago and th
Co.,
of
Milwaukee
a
price of 100.055,
Milwaukee
jointly, at
net
interest
follows:
as
cost
of
about
1.66%
$165,000 iy2s, due
o
March 15 from 1949 to 1959 inclu
sive
and
$135,000
13/4S,
due
o.
March 15 from 1960 to 1968 inclu
sive.
of¬
opinion of
Wood, King & Dawson, of New
York City, will be furnished with¬
out cost to the purchaser.
A cer¬
Additional
Sale—The $100,00
improvement bonds off ere
street
at
the
to
the
time
same
2Y4s, at
awarde
State Bank,
price of 100.027,
a
of about 2.24%.
1958
were
Wauwatosa
a
a
basi
Due from 1949 t
inclusive.
able to the City, is required.
WYOMING
WASHINGTON
Lusk, Wyo.
King County Water District No. 75
(P< O. Seattle), Wash.
Bond Sale—The $30,000 general
obligation bonds offered on June
10—v.
167, p. 2308—were pur¬
chased
by Williard Maxwell of
Seattle, as 2V2S, at a price of
100.38.
Dated June 1, 1948.
Due
serially on June 1 from 1950 to
1959 inclusive.
The next highest
bidder was Grande & Co., for 2y2s,
at a price of 100.24.
Co., Braun, Bosworth Dated June 1, 1948. Due serially
&
Co., Inc., Central Investment on June 1, from 1951 to 1965 incl.
Co. of Texas, Dallas; Rauscher, The next highest bidder was the
Pierce & Co., Provident
Savings Stone & Webster Securities Corp.,
Bank
&
Trust
Co., Cincinnati, for 1%S, at 101.30.
Lyons & Shafto and Thomas &
^ 1 VIRGINIA
Co., jointly, for $632,000 as 3s, and
$868,000 as 3y4s, at par.
|
Boones Mill, Va.
'
Neuhaus &
for
8
Coupon
*
Clerk, will receive
bids until -7.30 p.m.- (EST)
July
$300,000
Sale—The $750,000 school
Bond
house
Houston, John
City
on
County Junior College
District, Victoria County (P. O.
Victoria), Texas
Nuveen & Co. of
First
sealed
Victoria
by a
of; Moroney,
composed
Musser,
1968
$1,500,000
offered
'Staunton, Va.
Offering — Catherine J.
$15,000
purchased
were
syndicate
The
—
Central
Milwaukee
Bond
000
in¬
and
payable
of
partment
Co., New York. Ap¬
proved as to legality by Gibson &
Independent
School District, Texas
Sale
the
__
Dated June 1, 1948. Due serial
ly on June 1, from 1949 to 11.
incl. The next highest bidder wa
single rate of interest (for
each issue) in multiples of y4 or
Gibson of Austin.
Feb. 21.
Galena Park
Bond
at
.
purchi
were
a
1/10
bidder
Each
Chute, Wis.
The $75,000 bond
—
June 3
$50,000 park department bonds.
25,000 municipal building bonds
1953
July 1, 1948. Denomina¬
$1,000.
state
Bank & Trust
W;^/;^
Kittitas
Consolidated
County
Offering—J.
Bond
Town
bids
will
Clerk
until
5
P.
Costlow
seale
receive
(MST) on Jun
for the
purchase of $40,00
not to exceed 4% interest sewej
p.m.
28
extension
Dated
bonds.
July
1
Denomination $1,000.
1948.
Du
$2,000 on July 1, from 1949 t
1968
inclusive.
Bonds
may
b
called for payment serially1 afte
July
1949,
1,
such redempt
any
tion to be made in inverse numer
ical order.
Principal and interes
(J-J) payable at the Stock Grow
School District No. 403
,
Gilmer
Texas
Bonds
Not
The
held
vs
Sold—The
$146,000
refunding bonds
school house and
offered
on
Jan.
bonds
will
offered in the
9
probably
be
on
June
Dallas, at
1961
'
held
pur¬
from
The
$75,000 public buildings bonds.
50,000 street improvement bonds.
eral
election
May 25 the voters ap¬
the issuance of $2,000,000
(P.
-Bond
will
on
coupon
of¬
bids
by the Clerk of
2
p.m.
Henrico
(EST)
on
bonds divided
as
No. 3
as
bonds.
Due
on
July 1,
follows:
$3,000 from 1950
1954; $5,000 from 1955 to
1965, and $10,000 from 1966
to
to
1978,
bonds
,
all inclusive.
The
maturing after July 1,
1968 .will
the
at
be
inverse
par
and
redeemable
numerical
accrued
in
order
interest
interest payment date
:
after July 1, 1968.
90,000 Henrico Sanitary District
on
any
No. 7 bonds.
Due
on
bonds
offered
on
14—v.
July 1, 1948. Due serially
1, from 1950 to 1963 incl.
on
July
other
place
payment
of
by the purchaser.
requested
i
N
bid for less than par and accrue
interest
bonds
will
and
of such
are
the
Th
printe
the
bond
designated
These
considered.
be
furnish
will
Town
approving opinio
attorney as may b
by
the
purchaser
the
authorize
bonds
at the election held
Calhoun
Bonds
May 11.
on
July 1,
Voted—At
Not
tion held
CANADA
Grants'
County (P. O.
ville), W. Va.
">
\
ONTARIO
elec¬
an
June 8 the voters did
on
not approve the issuance
and
Kingston,
of $225,-
000
construction
school
Bonds
15
Voted—At
Not
elec¬
an
June 1 the voters did
on
Sale
—
Ont.
The $312,500 im
provement bonds offered on Jun
Moundsville, W. Va.
tion held
Bond
im¬
provement bonds.
follows:
$200,000 Henrico Sanitary District
Housing Authority, Texas
$2,186,000 tem¬
notes
Sealed
Supervisors,
until
The $100,000 gen¬
National Bank, Cheyenne, un
less
WEST VIRGINIA
June 30 for the purchase of
$390,000
not
to
exceed
6%
interest
April 22.
167, p. 2520—
were purchased
by the Bessemer
Trust Co., of Jersey City, at 1.03%,
plus a premium of $3. Dated June
30, 1948. Due May 6, 1949,: The
next
highest
bidder
was
the
of
County,
Sale—The
porary loan 26th series
fered on June 16—v.
be received
Board
bonds authorized
election held
—
ers
,:/■ /-
167, p. 2412 — were
purchased by Foster & Marshall,
of Seattle, the only bidders, at a
net interest cost of 2.396%. Dated
County Sanitary Districts
O. Richmond), Va.
Offering
—
obligation
June
on
Henrico
1
50,000 park improvement bonds.
Note
an
Bond Sale
school construction bonds.
were
bonds will be used for the follow¬
Houston
Voted—At
10
a
the
;
Chesterfield), Va.
proved
ing purposes:
are
$12,000
system bonds.
$175,000 bonds
maturing on Jan. 1,
1978, all inclusive.
These
ap¬
Chesterfield County (P. O.
/Bonds
to
at the
works
of
Wash.
':
voters
Ellensburg),
O.
(P.
election
an
25 the
issuance
the
re-
price of par, a net
interest cost of 2.6428%, for $112,500 as 2^s, maturing on Jan.
1,
from 1950 to 1960, and $62,500 as
23/4s,
water
future.
chased by Rauscher, Pierce & Co.
of
Voted—At
May
on
proved
sold.
not
were
near
Bond Sale—The
offered
Bonds
Indep. School District,
Gonzales, Texas
were
tion
Corp.,
2%s.
$205,000 bonds
11
Dated
Antonio,
of
purchased recently $3,construction
bonds,
as
The bonds are part of an
of $8,250,000 authorized at
Texas
Denison,
Bond
their
Se¬
000,000
State Board
Education
1948. Due Feb.
Co.; New York, for $442,000 plus
$5, at 1.07%, and $1,734,000 plus
$17, at 1.07%.
July 1,
on
from
July 1, 1963.
;
-
of
Due
$1,000
redeemable
terest
of Texas, of San
at a price of 101.46, a
basis of 1.693%.
Dated Dec. 15,
1947.
Due $30,000 on Dec.
15,
Texas
Sale—The
Bond
II, 1949, The next highest bidder
was
be
County,
1 Bond Sale—An
1,
h
Fort Worth
premium of $3.
30,
of
Dated
County (P. O. Fort
Stockton), Texas "f
net
Due seri¬
bonds.
accrued
Said
Pecos
.
interest cost
July
in part in the inverse order
or
,
by
6
will
.
curities
purchased
were
interest
any
after
Sale
on
by Harley, Hayden & Co., of Mad
ison, at public auction, as 2^s
at a price of 101.233, a basis o
2.129%, as follows:
1955; $2,000 from 1956 to
1965, and $3,000 from 1966 to
1973, all inclusive. The bonds
maturing after July 1, 1963
Nuveen
'•
date
follows:
as
&
Co., Columbian Se¬
Corp. of Texas, Dallas,
Additional
Sale—The
$200,000 and Weil, Roth & Irving Co.,
Odessa
Junior
College
District jointly, for $150,000 as 2%s, and
bonds offered at the same time $250,000 as 3 y4s, at 100.15.
>
inclusive.
on
to
from
Edwards, Inc., both of San
Dallas,
June 1, 1948.
Legality approved Russ & Co. of San Antonio, J. R. Antonio, jointly, at a net interest
Dated July
by McCall, Parkhurst & Crowe, of Phillips Investment Co., J. Wylie cost of 2.117%.
1,
Dallas, and Vandewater, Sykes & Harris & Co., and McClung & 1948, Due $50,000 on Feb. 1, from
1949 to 1963 inclusive.
Heckler, of New York,
Knickerbocker, all of Houston, at
a price of 100.0229, a net
interest
Crosby County Road District No. 1
VERMONT
cost of 3.1756%, as follows: $1,(P. O. Crosbyton), Texas
179,000 as 3y4s, maturing on July
Burlington, Vt. \
Bonds Voted — At an election
Bond Sale—The $150,000
15, from 1949 to 1979, and $321,airport
held on June 1-the voters
ap¬
No.
on
and
July 1,
next
highest bidder
Edwards, Inc., John
J,
Bond
offered
clusive.
optional
years.
The
was
maturing
1968, all inclusive.
will
bonds
in
50,000 Henrico Sanitary District
&
$237,000
WISCONSIN
Little
of
No. 2 bonds.
Due $5,000 on
July 1, from 1953 to 1962 in¬
&, Curtis
&
Bank
or
order
50,000 Henrico Sanitary District
ing bonds offered on June 11 were
purchased by a syndicate com¬
posed of Paine, Webber, Jackson
Tucker
inverse
1963.
June 9—v.
on
the
payment
Sale—The $400,000 build¬
Bond
as 2s, at par.
These are th
bonds originally offered for sal
on March 27.
ma¬
their numbers at par and ac¬
Texas
^ '
in
crued interest
College
Junior
The bonds
be redeemable in whole
part
O. Carthage),
(P.
Inc.,
turing after July 1, 1963 will
election
an
held on May 27 the voters ap¬
proved the issuance of $3,075,000
City improvement bonds.
Panola
$2,000 from 1950
$3,000 from 1955 to
1959; $4,000 from 1960 to 1964,
1965 to 1973,
of Chicago, James C.
Co., of Austin, First of
167, p. 2412 Texas Corp., of San Antonio, and
—were purchased
by a syndicate J. Wylie Harris & Co. of Houston,
composed of the Mercantile-Com¬ at par, a net interest cost of
merce
Bank & Trust Co. of St.
3.129%, as follows: $106,000 as
Louis, City National Bank & Trust 2 Vas,
maturing on Jan. 1, from
Co. of Kansas City, M. E. Allison 1949 to
1955; $57,000 as 2%s, ma¬
& Co., Dittmar & Co., both of San
turing from 1956 to 1958, and
offered
Monday, June 21, 194
Chemical Bank & Trust Co., New
a
proved
CHRONICLE
York, and Associates, for $2,186,000 at 1.07%, plus a premium of
167, p. 2412—were 1962 to 1978, all inclusive. Dated
syndicate com¬ July 1, 1948. All of said bonds
posed of the First Boston Corp., will be optional on Jan. 1, 1961.
First Southwest Co., of Dallas, Approved as to legality by McCall,
Underwood, Neuhaus & Co. of Parkhurst & Crowe of Dallas.
Houston, Dallas Union Trust Co. The next highest bidder was John
of Dallas, John Douglas & Co. of Nuveen &
Co., R. J. Edwards,
Omaha, Fridley & Hess, of Hous¬ Inc., Louis B. Henry Investments,
ton, Thomas & Co., of Pittsburgh, Dallas, Provident Savings Bank
Tripp & Co. of New York, and & Trust Co., Cincinnati, SeasonR: A. Underwood & Co., of Dallas,
good & Mayer and R. A. Under¬
wood & Co., jointly, for $230,000
afc a price of 100.0353, a net in¬
as
terest cost of 3.2259%, as follows:
3s, and $270,000 as 23/4S, at
$210,000 as 4s, maturing on June 100.177.
I, from 1949 to 1953; $320,000 as
Ector County School Districts
2%s, maturing from 1954 to 1959,
(P. O. Odessa), Texas
and $1 >670,000 as 3y4s, maturing
Bond Sale—The $800,000 County
from 1960 to 1978, all inclusive.
Independent School District bonds
Dated June 1, 1948. Legality ap¬
on
purchased
FINANCIAL
&
not approve
the issuance of $72,addition bonds.
Princeton, W. Va.
0C0 building
were
purchased
Wood
by
Gundy & Co., of Toronto, and th
Royal Bank of Canada, of Mont
real, jointly, as 3s, at 101.67,
basis of 2.65%. Due serially fro
1949 to 1958 incl.
j
:
.
Bonds
tion
did
Not
held
not
on
Voted—At
June
approve
1
the
the
voters
Raleigh County (P. O.
Beckley), W. Va.
Bond Sale—An issue of $350,000
airport
construction
on
bonds
was
May 27 to Blair & Co.,
,
Charny School Commission, Que
issuance of
$220,000 civic improvement bonds.
awarded
QUEBEC
elec¬
an
Bond Sale—The $115,000 schoo
bonds offered
on
June 8
were
pur
chased by
Grenier, Ruel & Co.
Quebec, as 3s, at a price of 98.8
a
basis of 3.205%.
1948.
Due
serially
Dated July
on
July 1, fro
1949 to 1963 inclusive,
@FedFRASER