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BUS. ADM.
Ubrary
194ft
JUN 2 8
MONDAY
Reg. U. B. Pat. OHice
Volume
New
Number 4711
167
General
RAILROAD
*
Subs.)—Earnings—
Airline Foods Corp. (&
Net
NINE
FOR
RESULTS
sales
* After including a net non-recurring gain
;
for
figures
NOTE—Comparable
i
1947
of $170,439.
,
-
,
mentioned, have
T
'
:
for the stated
have
Albert Frank-Guenther Law, Inc.—To Purchase 15,000
come
Guaranty Trust Co. of New York, 140 Broadway, New York,
Y., will until 3 p.m. (EDST) on July 26, 1948, receive tenders for
the sale to it of preferred stock of this corporation.»
The
There
lerred
167, p. 937.
stock
and
June 18 applied to the SEC for authority to
Home Life - Insurance Co. on July 1,
1948,
other company funds,
will be used to pay
-$150,000
from
together
„
with
allocation
to
-toridge
1948, $163,500 of first mortgage
1,
to
Hog an has been
retain his office ,ds Treasurer.
William
John
-
elected
J.
Q.
been General
the
of
1
'!■ '■<
He will
>
is
The
ness in Texas.-.
'
-
are:
.
C-.r
about-
revenues—Passenger;
Mail
—.—_
~
freight
and
;
Other
-
than
-v
'",.V
its
stockholders.
informed
been
that
holders
of American
stock
preferred
be
' .'.y
and
formed
,
to
represent
names
of
substantial
a
retained
have
the
counsel
preferred
$5
of the
(Chairman),
members
is
Treasurer, General
of
42-16
West
of
(
V
:
••
financial
public
utilities
LThe
adviser
common
return it
to
the
of
stockholders
to the committee
as
are
urged
soon
as
is
St.,
to
stock,
UNDER
stock at
this
the cash
or
Operating
&
16,657,281
expenses-,.-..
obsol. & deprec.
for
Prov.
of
equipment
18,215,974
2,324,677
Theodore
New
sign
R.
York,
an
Mackoul,
N.
July
on
a
Telephone & Telegraph Co.—To Subscribe
to Its Full Quota of Pacific
The
Pacific
& Telegraph Co. advised stockholders, in
prospectus offering rights to subscribe for 601,26^
shares, that the American Telephone & Telegraph Co. intends
common
for the 520,648 shares to which its holdings of common
preferred stock in P. T. & T. entitle it< Subscription rights have
offered on the basis of one new common shares' for exery six
been
\Tho
Pacific
sale
the
of
the
new
from
Federal
-171,858
Crl,934,933
$447,649
13,391,981
231,101,703
$5,168,394
11,615,680
-
flown
Revenue
mile&
Revenue
passenger
—
miles
NOTE—The above consolidated
,
Stock and Bond
New York
,
Operating
Sky
Inc.,
2681.
Chefs,
-
.
,
Inc.,
and
Manhattan
Air
7';;V;
American Brake Shoe
New
Terminals,
In
addition
to
of
Vice-President
a
his
the
Inc.—V.
revenues
167, '
oper.
Cleveland
of the company's
Division President. .
1938.—V. 167, p. 2569. /.•
Miller,
Vice-President
Manager
.* ;• •
"
%"
.
35
-36
36
—
—..—..—36
Montreal
Stock
Toronto
the
Stock
Transactions New York
American Power & Light
For
the
week
ended June
17,
'
Section
.J..__.i.'._...._r.43
kwh
>
or
The
to
General Corporation &
State and
The
special
24
protective
Dividends
committee of pommon
unfair
to
the
common
stockholders
The committee op-
....
.
.
ry.
Fixed
328,903
$226,637
1,595,855
4,407
336,003
$1,146,297
$1,482,082
income-
$523,376
(Cr).—^
" 956,478
oper.
income
Miscell.
deductions.—.. ,'
&
conting.
4,654
chgs..
$4,645,521
'2,464,444
13,598
1,308,137
■
$2,952,969
3,136,602
10,789
1,340,881
Net
-V.
income
$5,788,230 ' $4,737,901
167, p, 2246.
Atlas Corp.-^To
Dispose of Hilton Stock—
>
corporation on June 21 made application to the SEC for an
exemption order under the Investment Company Act permitting Hilton
The
Corp.
4%
of Chicago, to acquire from Atlas up to 53,699 shares of,
convertible preference stock at $35 per share.—V. 167,
2130. ;
'.
;
St. Louis Listed and Unlisted Securities
44
—45
42
42
Federal
Reserve
System..
Edward D. Jones & Co.
Established
300 North 4th
New York Stock
45
St. Louis Stock
1871
St., St. Louis 2, Missouri
Members
Condition Statement of Member Banks of
.
".,
,
Exchange
Exchange
Chicago Stock Exch.,
Chicago Bd. of Trade
New York Curb Exchange Associate
joint plan .was grossly
of American.
Declared and Payable..
Reserve Banks
stockholders was or¬
parent,
It was the belief of this committee that the
52
Foreign Exchange Rates—-...
J
Combined Condition Statement of Federal
letter
than a year and a half ago after this company and its
Electric Bond & Share Co. filed with the Securities
and Exchange Commission (Commission) on Sept. 6, 1946 a joint plan
under Section 11(e) of the Public Utility Holding Company Act of 1935.
/
Investment News.Cover
City Bond Offerings
The Course of Bank Clearings
,
more
statutory
,
expenses....
Redemption Calls and Sinking Fund Notices_45
-
special protective committee of common stockholders in a
June 1, said in part:
"•*
revenues...^
Miscellaneous Features
holders of the common stock on
ganized
■
v
1948—Month—1947
1946—4 Mos.—1947
$11,953,740 $11,252,911 $50,293,404 $46,839,041
9,999,975
9,761,104
39,247,191 38,483,472
Taxes
1,100,000
1,000,000
5,000,000
4,100,000
Equip. & jt. facil. rents
330,389
265,170
1,400,692
1,302,600
Period End. Apr. 30—
p.
subsidiaries
Special Committee Seek Authorization from Common
"
'
RR.—Earnings—
*
Operating
Operating
Hilton
amounted to 239,207,000 kwh., an increase of 28,882,13.7%, over the corresponding week of 1947.-
Stockholders—
quarter, 1948.—V. 167, p. 2569,
Atlantic Coast Line
Hotels
of this company
000
O.
build
the fourth
Stock Exchange...—24
Stock and Bond Averages
Co.—Weekly Input—
1948. the System inputs of
Ry.—To Build Box Cars
Gurley, President, on June 17, announced that this company
750 forty-foot 6-inch box cars of 50 tons capacity at its
own shops and that material is being ordered at the present time. The
railway expects to start turning out the first of this lot of box cars in
..42
Transactions New York Curb Exchange.—.24
:
.
39
—
.•
167, p. 2357.
P.
will
Net
Comparatively new to the bakery trade, the Miracle
cialty Is production of biscuits, pan
and Danish pasteries containing filler.—V.
■>:;
Stock—*
directors have adopted a resolution
to call all outstanding
of 4 '/4 %
cumulative convertible preferred stock, according to
Boyd/Secretary.
The directors established June 22 as the
record date and July 31 as the redemption date.—V. 167, p. 2681.
Other
38
Exchange...—
Over-the-Counter Markets
$8,349,209
45,183,960
,■
Neale
—38
Exchange
Toronto Stock Exchange—Curb
com-,,
4' ^
/.
shares
——37
San Francisco Stock Exchange
,
^
;
Machine's spe¬
rolls, cinnamon buns, coffee cake
.
35
Montreal Curb Exchange
of
167, p. 2358.
35
St. Louis Stock Exchange
from Turner Manufacturing Co. of
.
...
Pittsburgh Stock Exchange..
pany's bakery division on June 21 announced the addition of a new
product to the AMF line in the Miracle Biscuit and Sweetgoods Ma¬
chine to which American Machine and Foundry Co. has acquired all
patents and manufacturing rights
Atlanta, Ga.
b,. .
...........34
35
Exchange
~
Co.—Acquisition-
General
34
Philadelphia Stock Exchange
Light Corp.—Hearing— /
and
34
Exchange..
Stock
$2,831,246 '$1,304,888 $12,639,977
734,026
' 2,851,203
49,015,815
operating income
charges-..—
after
Atchison Topeka & Santa Fe
Exchange
Stock
Los Angeles Stock Exchange
below.—V. 167, p. 2462.
American Machine & Foundry
(Bonds)25
.7
v.
13
Detroit Stock Exchange.—.
*
~
Martin
$9,786,460 $76,687,079 $65,133,563
10,821,473
52,395,849
46;637,945
269,875
11,651,253
10,146,409
13,361,653
2,903,932
...
The
Page-
(Stocks).
Cincinnati Stock Exchange
duties, Mr. Ward will continue to serve as
company's American Manganese Steel Division,
American Cities Power &
'
STATEMENT
Anderson Prichard Oil Corp.—Calls Preferred
Quotations
Chicago Stock Exchange—:
new
See Central States Electric Corp.
INCOME
revenues-. $19,096,831
taxes
Exchange—
Curb
Boston Stock
Co.—New Appointment—
position which he has held since
York
Baltimore
r: r ]:/:>}
Gi\try Ward has been appointed Vice-President
Kellogg Division, according to William T. Kelly, Jr.,
V
.
1948—Month—1947
1948—4 Mos.—1947
$19,168,796
$9,858,058 $76,950,961 $65,310,167
rev.
71,965
71,598
263,882
176,604
expenses
Net
;
Stock Exchange
New York Stock Exchange
statements of profit and loss include
company's wholly owned subsidiary, American
Airlines de Mexico, 8. A.
The accounts of the following subsidiaries
are
not
included
in
the consolidation—American Overseas Airlines,
p.
shares
COMPARATIVE
Net
.
the
consolidation
In
The
Period End. Apr, 30—
authorization and
In This Issue
Cr269,503
$3,073,636
14,6*09,513
refund—
——
share.
a
J
realize about $59,987,000 net on
and; will use the proceeds towards reim¬
of
the: parent* company, from which advances will total
$81,700,000 by June 30.V Assuming sale of all the new issue,
thfe company's
capitalisation thereafter will Include $325,000,000 In
debentures, $52,900,000 in advances from A^T. & T. Co., covered by
notes; $338,883,900 par value of common stock and $82,000,000 of
preferred stock.v
\
Operating
66,420
flown.-— 235,201,895 289,931,402
tax
"carry-back"
less
Net
$4,836,711
171,255
(net)
income
June 15, at $100
jy
about
$650,731
$4,997,139
loss.—
cpeiating
Net
-'"Vu•
expects;. t£i
company
bursement
'Loss.—v.
Deductions
shares held /m
common
or preferred
offer expires July
Y.
possible.}—V. 167, p, 2681.
its
subscribe
and
,
Telephone & Telegraph Stk.
Telephone
with
connection
operating
691,067
■
-
.
12,158,242
3,066,945
.7vW.
.
accepted in the order of their receipt until a given
appropriated is exhausted.
stockholders
(EDST)
Uncollectible
prop.
~
shares of its preference
.
of the corporation, who wish to avail them¬
exchange.offers should tender, prior to 3 o'clock
2, 1948rto The First National Bank of Jersey [
City, One Exchange Place, Jersey City, N. J. (Agent of the corporation
for this purpose), properly endorsed
certificates for such shares of
The American Superpower Corp.
preference stock as they desire to
tender under the above options. *
: ' :
The asset value at the close of business on June
17, 1948 of the
corporation's preference stock was approximately $72 per share, based
on
market prices of the securities owned, but without any deduction
for the cost of selling such securities.—V. 167, p. 1037.
Preference
p.m.
of West Dis¬
$14,727,087 $15,703,940 $12,198,578
—
-
__
cash
for
.'
.
will be
Tenders
purchase
■
Operating
Total
10,000
shares
share. The corporation has appropriated $300,000 for
$60 per
purpose.
stock
of
C—To
OPTION
four
in cash.
2,000 shares, and $6.00
to
William
common
Co.
Power
Island
committee
27
owns
of Potomac Electric
which American Superpower Corp. owns
exchange
B—To
American
.
consultant
(including
corporation
stock¬
The legal advisers to the committee
are
Joseph Nemerov of 135
Broadway, New York 6, New York and Leo B. Mittelman of the same
address.
OPTION
UNDER
the
Counsel and director
Long
St.,
the
of
shares, and $1.50 In cash.
St., Forest Hills, N. Y.
Kirsh
stock
to
Corp. common stock, of which American Superpower Corp.
3304 Paterson Ave.,
Booth
// '•
preference
accrued dividends thereon) surrendered in acceptance: of
either option, the corporation on June 18 offered: '
,
UNDER OPTION A—To exchange six shares of Central & South West
/
.
addresses
Kirsch
of
share
each
selves of the foregoing
that
ever
City, N. Y. He: is also
a
member of the Bar of the State of Virginia. Mr. Zelnick is a cer¬
tified public accountant and maintains offices at 44 Court St., Brook¬
also /* lyn, N. Y. and Harold- Barnett is a public accountant and analyst.
Mr. Nemser is a member of the Bar of tjje State of New Ybrk with
offices at 52 Broadway, New York City.
' ' •
r\
has
1948
1947
1946
$12,495,016 $13,023,586 $10,613,374
657,149
810,506
848,183
1,295,556
1,562,533
573,858
279,366
307,314
163,163
March 31—
3 Months Ended
has
to
,
Alfred J.
The
CONSOLIDATED INCOME ACCOUNT
21%.
propose
65-20
'
t'
will
more
For
rights
special committee
Richmond, Va.;
Robert M. Zelnick, 1943 80th St., Brooklyn, N. Y.t Norman S. Nemser,
219 West
81st St.,
New York City and Harold Barnett (Secretary),
:
,
partnership in the television busi¬
is forming a
common
$6
holders.
accepted the resignation of M. T. Stallter, Assistant
Vice-President, .who
Express
Vice-President.
•
vol v* has been elected Assistant Vice-President. He
Attorney for the airline for the past two years.
*The boara sjsb
©per.
a
Share
Mr.
Inc.—Officials Promoted—
thereto.
proposed specific allocations. In such
propose a 16%
allocation to the common
will
believes
the
infecting Co.
American Airlines,
respect
with
protect their interests, and it has been reported that another com¬
mittee
which it owns, to the insurance company,
company
and
committee
amount
5% gold bonds.
f
The company is a subsidiary of Lehigh Valley Transit Co., also of
.Allentown, which in turn is a subsidiary of National Power & Light
Co., New York Holding company.
Lehigh proposes to subordinate its
claims
to
principal and intrest on a $54,500 demand note of the
maturity on July
agreement
.
borrow
which,
off at
The company on
to
original proposal
of approximately 30% of the American's holdings in Its subsidiaries to
its common stockholders is fair and equitable, i We intend through our
lawyers and analysts, to urge on the Commission the fairness of such
(Pa.) Bridge Co.—Proposed Refunding—
Allentown
Bond
committee
This
This
;
to
stating
American
event
4
90,000 shares of preand 26,600 shares of,
'
; '
,i.
' "
issued and outstanding
shares of class A stock,
26.600
stock.—V.
able
amendments
latter
the
presently
are
stock,
class B
authorized
have
been
yet
separate
purchase, out of surplus, for
retirement of 15,000 shares of the preferred stock at the lowest prices,
"jnot exceeding $3.75 per share.
directors
not
(of Del.)- -Invitation for
American Superpower Corp.
Tenders—
that both companies
reason
They propose to attempt to reach an agreement during the hearings,
and if they do not so agree, American and Bond and Share will file
;
"N.
The
of
& Light Co. and Electric Bond & Share Co., having
permission from the Commission to withdraw the joint plan
now filed a new plan with the Commission on
April 8, 1948. The new plan, unlike the other plan filed by them, is
an
allocation plan. As filed it does not contain specific allocations
above
totaled $6,259,585
Shares of Preferred Stock— .>!,
*'
30%
obtained
to the common stockholders
\
approximately
receive
to
American Power
to
due
entitled
were
holdings in its subsidiary companies.
American's
.167, p. 2245. .I IV *
and current liabilities were $1,688,580.—y,
stockholders
mon
.
1948, the consolidated current assets
On March 31,
the course of the hearings the committee prepared and sub¬
mitted a plan of its own. It urged upon the commission that the com¬
'
.>■,
available
not
are
acquisitions.
accounting periods of new
changes in
Copy
MISCELLANEOUS
-
During
'211,764
+
—
INSURANCE
-
determine
to
—L—— $15,901,168
...
-
profit after Federal Income taxes—l—.
Net
INDUSTRIAL
-
Joint plan becauset among other things, 4t was Impossible
what the common stockholders might receive under it.
posed the
.
ENDED MARCH 31, 1948
MONTHS
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, June 28, 1948
.
Phone.
,
CEntral 7600
Bell
;
Teletype
SL 593
■
'
1
A"
2
&/Oh!o RR.—Equipment Trust Certificates
banking group headed by Salomon Bros. &
Hutzler on June 24 offered $5,060,000 series Z 2V\%
equipment trust certificates. > The certificates mature
from July 1, 1949 to 1958, inclusive, and are priced to
yield from 1.50% to 2.60%,
They are being offered
subject to approval of the Interstate Commerce Com¬
mission.
The group was awarded the issue on a bid of
in
for
99.257
2%%
a
coupon.
<
commercial. calendars
hung
are
Brown & Bigelow's.
However, in recent
has diversified Its business To irfclude advertising
years
any
company
■/
the
of
930
working
men
the
out
of
sales offices.
38
2Vi%
a
4
Gross
July *i; ' 1948167, p. 2464.
&
S.
Canadian
exc.
of underwriters headed by William R.
Other
.
Net
-
per
NOTE
before June
or
from
into
30,
3.8
that time
until
of
June
stock' ($20.32
common
per
PURPOSE—Proceeds
added
to
the
the
from
sale
shares
The
the
preferred
new
will
the
next
corporation's
corporation to
be
V.
CAPITALIZATION
.
...
,
/./■///// '
/.
BEFORE
TO
.
AND
1
$0.55
Marquette
: *
T
Outstanding
Bank
commercial
and
loans
$20,000,000)i._£„—■'/
paper
;
///.
"Negotiations
Adjusted
Cum.
stock
pfd.
1946,
Cum.
stock,
thorized
5,000,000
•Before
value
shares)
tExcludes
100,000 shs.
100,000 s;hs.
None
(au¬
2,383,100 shs.
for
reserved
2,383,100 s^is.
■
issuance
preferred stock $3.25 dividend series of 1946
and 380,000 shares reserved for issuance upon conversion of the cumu¬
lative preferred
stock $4 dividend series of 1948, at the respective
cpnversion
FINANCING
PRIVATE
with
institutional
an
dollars
been
on
term
a
CANADA—-Thtf" corporation
IN
investor
basis,
negotiating
is
tions
proposed loan of $5,000,000 Canadian
exact terms of which have not as yet
the
agreed upon.
of
insure
Central
The
of
/.•■
■
■
'
Eastman,
stock
to
v.';
■■
be
Co..
&
15,000
A.
•
3,500
1,000
The
1,500
Paine,
&
Sons-._____
Central Republic Co,
Julien Collins & Co
Doolittle
&
Emanuel,
Boston
California
First
&
E; H. Rollins & Sons Inc,__
Scherck, Richter Co,__/__4':/1,000
Smith, Barney & Co.i~,—6,000
William R. Staals Co
2,000
Ladenburg, Thalmann &
p.
1
;
500
*
3,500
Securities
Yarnall
i 1
1,500
Issuance of
share
A
to
for
shares
the
at
are
beiow/—V.
/ 1
the basis
on
of
one
new
167,
A
/
,
$10
of
value—V;
par
•
t
]
Cities
ers
of-Blue
jj
11 om-operation—'
$8,000,918
expenses,
estimated
depreciation,
amortization, capital and other charges—
issue
Power &
<
each
for
age
•r
as
v
p. 1919.-
*734,845
•
-
-
.
I
5,590,988
are
taken at
aver-
/.; ; ^
^
-s
,
■
fiscal
1938
risen
sharply
to
year
from
j.
\
Minn.—Listing, Etc.— ]
period.
years
$34,774,313
$447,117
to
have jumped from $6,355,625
1947.
Likewise, net profit
in
the
same
advertising
1896,
calendars,
i
the
company
which
is
still
was
the
v
-
ofM00.74.
Union
a
Other
Securities
bids
Corp..
Inc.
current
year the
additions- and
for
improvements
'
-
«v
■
'■»
->
bonds will be used to
of the utility company.
to
plans
company
spend
its
to
approximately
generating
manufacturing
electric
systems,
gas
■
-
;
-
PRESENT' FINANCING
TO
Authorized
putstandlngf-
-
,
,
Co..
2%^/series due
"
par
($8.50
be
in
or
one
15,000,000
-
series
more
$'1,459,758
'■
7".
270,000 shs.
400,000 shs.
2,500,000shs.
value)
par
Issued
*
■
(
may
/' $45,500,000
*
2,244,000 shs.
limitation
without
a3
to
aggregate principal amount, but subject to the restrictive provisions
of the indenture,
ta total of 400,000 shares of cumulative preferred
stock are • authorized by the articles of the
company. 270,000 shares
•
outstanding as 4% series and the balance may
shares of this or another series.
are
agreed" to
issued
be
purchase,
underwriters
and
the
named' below
has
company
agreed
Morgan
W.
Stanley & Co/_$3,300,000
Hutton
E.
&
Co.„__
McDonald &
3,300,000
*v
have
severally
-
sell
to
them
to
bonds;
new
Co.——
$500,000
Merrill, Turben & Co.—
Maynard H. Murch & Co.
Ohio Company-«».,
Goldman, Sachs & Co.— 3,200,000
Kidder, Peabody & Co._ 3,200,000
—V. 167, p. 2682.
addi-
as
'
,
severally in the respective amounts-set forth below,- the
;
1,731,697
,
500,000
500,000
500,000
The
$826,153
*
period End. Mar. 31—
a
•
Net
;
director to-succeed
profit
1948—3 Mos.—1947
1948—-Mo«th--~I947
$16,346
$61,480
11,092,900
$178,532
32,302,439
$133,921
11,108,545
31,903,768
—_
•
Revenue
'
passengers-
—
—V/ 167, p, 2454;
Cities
at 10 o'clock a.m., at the
,
&
Light
Corp.
and
Ridge
Blue
proposal (contem-
/The
corporation.
relative .asset values, the new
stock to present stockholders of Ameri¬
common
on
or
both;
A
may
these
exchange ratios, or
made to-compensate for
be
date
of
the
combination
engineering
Mr.
?■
Power
offering
&
full
the
of. the: two
strated
M*
A-
portfolio securities
offered
would
be
.
pioneer
company's
in
*.
the3 field! of'
most
■.
■
I.
shares of
ofrBlue Ridge Corp.,
one-tenth of a share of? the
$3.50
per
•
went"to
a
i
;
selling stockholder.-
-To Retire Bonds—
>
1948,
important* '
ment
of
will
will
the
be
be
outstanding
retired
made
at
at
new
.
.
',
V*;
y
office
4%
it
was
of-the
LP
/
-
Long' Playing,. Microgroove Disc—•
week
by Columbia
ago
Records
Inc.,
wholly-owned
a
»<
-
known
Columbia
the
as
LP
H.
of
the
conventional
78
rpm.
..
/v
.v...:-;.--/ij
Carmine, " Vice-President
in
charge
of
distribution
of
announced that these players will be manufactured by
and marketed-by both Philco and Columbia Records. He "re¬
the; development' of a balanced fidelity reproducer,
especially
Philco
-
Philco
r«
vealed
r
embodied
Corp.?;
created,
Mr.
by
Philco
in
these
Carmine
phonographs,
Columbia
engineers
to
play
players.
that
the
being introduced, is
Microgroove
arm
in
Equipped with a
stylus which exert
and
addition
new-type
...
only
.
Microgroove
//r
stated
also
now
LP
standard .tone
.
the
of
of
Philco
an
records
and
is
the new
reproducer.
,
electronic tone arm
ounce
-
playing,
radio
contains
Philco
new
featherweight
one-fifth
which
^
line
designed to play both
conventional
to
records,
*
1949
new
a
;
pressure
and
on
record surface,, the new player attachment retails at
$29.95./ /
The Columbia LP Microgroove record is made of-nonbreakable Viny-
the
bonds,
announced
company,
r
July
I,
18.
P&y-/
3723-Forest
Park.;
on
-
due
June
,
.
simple
existing
instead
-
-v
4,'-
X
debenture
>
low-priced record player readily attach¬
radio or radio-phonograph is required for the
Microgroove records, which turn
at
33%
revolutions
per
James
/,/1 •:;;:
10-year
maturity,
the
:*
a
record,
ahy
minute
per share and 200 shares "
share.
To net proceeds
~
L
All
to
case
■
stock at
common
of
charge
in
'
newly-developed
able
securities offered.would be one-quarter of a share of the common stock
of The
North
American. Co., plus cash, for each' share of stock of
the
Vice-President
as
(Long^ Playing) - Microgroove, is capable of producing entire symphonies and concertos> as
well a$;the" complete: score of a Broadway musical, on a single record.
The Columbia LP
Microgroove also is being made available in .the
10-inch size with playing time of 27" minutes.* » ■
:
"
/
.
In-the
Hausman
„
The new
Light Corp.
Light-Corp.
about
subsidiary.
and Blue Ridge Corp. to acquire /
outstanding stock, .(except the stock held:, by ithe. trustees! /by
exchange therefor portfolio securities and cash equal: to
liquidating value of such stock on the date of the exchange. *
case
of
American. Cities Power &. Light, Corp., the portfolio "
&
L.
A revolutionary nonbreakable Microgroove phonograph record which
plays .45 minutes on one 12-inch double-faced record with full fidelity
and absence of distortion hitherto unknown in this field was demon¬
in
American Cities-Power
Howard
Unit Demonstrates.
„
the
and
partment sinee- its. creation• in March,.. 1946."
.
Cities
Boston
Lodge has been Direetor of General Engineering since November,
and Mr. Hausman has been Director of Personnel Relations De¬
1944,
differences//
^
First
a
combination, the- Central States Electric Corp.
of, the common stock of the new com¬
company.
Sold—The
personnel relations.
approximately 68.7%
Petitions
Co.—Bonds
'Columbia Broadcasting System, Inc.—New V.-Ps.-*—
1
r'
/ :/ William B. Lodge has been named Vice-President in charge of general
;
a
variation .in
Service
Corp. on June 17 distributed a $2,700,000 block of 3%
sinking fund debentures, due 1977, at a price of 87,
less 1% dealers' concession.—V. 167, p. 2254.
;
Va., On the'matters
existing
o£ preferred stock at $30
\
th^t the-Brown & Bigelow,stock would now;
hsyve added collateral value because banks, in making loans
favor
securities with an exchange market.
'
|
• »
in
the
Common-stock
'
1,435,713
' ' $386,112
•
ten-year
pointed out
Established
The
Salomon
value)
ly—Edward D: Jones & Co. have placed privately. 10,000
for
$2,267,661
■
Mr.-Ward
mt
tional
-
the
the
and
UNDERWRITERS—The
1
,
348,733*
Power
single
of
Light Corp.
Upon such
own
«
In
cars,
Dodge
in
area
maturity;
on; a ; bid
were:
•
/
:
'
company's 1,263,645 shares of $1 par value common stock were •' v common.stock. of-United Light & Rys. CO., plus cash, ,f6r each share'of
stock of Blue Ridge Corp.—V.
admitted
to
lising
on
the
New
York
Stock
Exchange
on
June
167, p. 1920.
v
1
25.
This stock
which was offered initially
;
'
V
I
1
to the public only six-i
months ago, previously has been traded on the, over-the-eounter market.
!
Champion Shoe Machinery Co.—Stock Placed PrivateHeaded by Charles A: Ward, as President and General
Manager, the
has
27/es
2%%* series due 19-7ai„_«
fCum. pfd. stock,,4% series ($100
The
i
time
coast
,
,
1948—4 Mos.—1947
$5,CS3,254
2,880,408
2,542,806
2,895,471
2,557,850
-
"July lj 1948/
net asset values at the effective
American
.....
company's net sales in the past ten
and
■
;
of. the
7%
preferred stbckholders committee- verified -/
5, 1948 and May 7, 1948 and objections thereto filed by the trus-..
tees^ The petitions request that the Court direct the trustees ito cause *
$2,023,746 '
6,262,073
shown in dollars
Brown & Bigelow, St. Paul,
for
First mortgage .bonds:
•
„■.;//^/i'-//:
share Held.
wo,uld
In
operating results
rates of exchange.—V. 167,
all
//PURpOSE—Proceeds front thef sale of the
Hnipce a portion of the construction program
Ridge
companies.
2.
5,860,561/ v 5,547,349
$2,140,357
1—_
on
American^Uities
all their,
revenue
above- from Jan.
passenger
present
■
of
Dodge
Cincinnati Street. Railway Co.—Earnings—
:
adjustment;
/'
$7,571,095
i. April
Operating
NOTE—The
754,776 /
'368,736
.
$386,040
bined
i947
1948
as
Dodge
the
At
for
one
Bros; & Hutzler
(jointly), 100.409; Blyth & Co
First
Boston
Corp.' (jointly),
100.14;
W.
C. Langley &
100,12999; Lehman; Brothers/100.1032. :
:,,
and
share-for-share basis.1 Stockhold¬
Corp,, (other than American Cities Pow^r ,& Light
Corp.) would receive stock of the new company, on* the basis of one-half
.
Month of March—
Aggregate net revenue
-
,
-
—
hearing' will he held'
163, f\ share
—Earnings—
net
Co.
1. An application by the trustees of this'corporation, requesting au¬
thority from the District Court to take appropriate action to effect a
in
Estimated
lines,
for
one
CAPITALIZATION GIVING EFFECt
$6,469,740
$lamuel W. White of Chicago has beenr electedGerald CC "Brant.—V. 167, p. 2682.
cash
earnings
and
completion.
»>
.
feet
square
White, Weld & Co.- (Jointly), 100.709; Harri¬
man
Ripley & Co., Inc., lOOiBSl; Merrill Lynch,
Pierce, Fenner &
Beane; 100.6499; Halsey, Stuart & Co.
Inc., 100.52999; Kuhn, Loeb &
2464.
p.
can
shares
sale
Glore, Forgan & Co.
857,835
;
729,975
gross
'
/: corporation would
Corp. are expected i
;//// (;/////.//, ....
Brazilian Traction, Light & Power Co., Ltd. (& Subs.)
Gross
'/
751,505
• Corp.,
.subsidiaries,, into, a
approving the /! plates that, on the basis
on
1560.
p.
'
$1,542,833
income—
oper.
combination-of
Rights to New Stock— |
held.
300,000
assembly
stations,- transmission, and distribution
plant, and gas distribution system,
*$268,170 *$1,846,742'*$1,266,280
"
$1,611,312
set/ forth.-below:
-
.167, p. 2462.
to vote next month
offering.
present
of
.
300,000
are
at ".the
•Bonds
837,958
214,418
Courtroom of the U. S. District Court in Richmond,
of underwriters headed by First Boston
underwiite
There
three
operating,
process
5
-
nearly
two
^was awarded June 21
received
Central' States Electric Corp.—Hearing July 1—•
100,000 shares of additional:stock
each
group
expected
are
now
the
located
Detroit.
of
500
/ Blue Ridge Corp.—Hearing on Merger—
stockholders
is
is
consists
an
During
,
Central & South West Corp.—New Director—
-
Boston Insurance Co.—To Issue
in
coast, from
^ield approximately 2.82% % to
Thevlssim
•
-
1948—Month—1947
Apr. 30—
income
Net
Corp.-r„_
Co._
&
ry.
—V.
5,000
G. H. Walker & Co
/ 3,500
Whiting, Weeks & Stubbs_
750
See Central States Electric Corp.
San
cars
investment banking group which on June 23 ofthe public $15,000,000 first
mortgage bonds,
2/8% series, due 1978, at 1Q1% and accrued interest
to
-750
-
11
The
»53,752
-
'*• *$14,213'
revenue
income
1,000
-
which
is
west
facility
which
on
$18,000,000
*2,1)37,153* -*1,615,784
*1,008,784 ' *408,445
' *2711103 *
207,317
V—
Gross Income
Deductions
from
;
4,000
Dean Witter & Co.—
2570.
167,
Union
3,500
-
Co.__^_.
Net
2,000
-
.
Co.
Co.
Stein Bros. & Boyce-.,_
Stroud & Co. Inc._i__-,_^_
5,000
ed
ability,to
$3,098,36& $13,506,186 $11,857,985
>
-
_r
Period End.
Operating
500
-
Rogers & Tracy, Inc
1,000
Dodge
passenger
new
fered'-to
Central-RR. of Pennsylvania—Earnings-
:
1,000
&• Co...w„:—750
Riter
500
safeguards to
the
the
_
&
'
—
Net Income.
'v
&
Quail
& Co.___
—V.
Jackson
gross*
♦Deficit;-^vr 167, p; 2463. /
3.500
Putnam
3,500
Kebbon, McCormick & Co.
Kidder, Peabody & Co._/_-
:
750
Piper, Jaffray & Hopwood_
3,000
2,000
u'.
Hornblower & Weeks—^
McDonald &
Webber,
income
;
3,500
;
Co._„_
5,000
;
Hayden, Stone & Co
Hemphill, Noyes & Co._
.,
Beane
Milwaukee
with
2576.
p.
Cincinnati Gas &' Electric Co;—Botids Offered—Mor~
gari Stanley &Co. and W. E. Hutton & Co.;
jointly head.^
.
5,000
Co.
Johnston, Lemon
500
5,000
2,000
4."
Corp
Inc.
Co.„__«
Curtis
500
f
/ 1948—4 MOS.—1947
1948—Month—1947-
;
—
from
Deductions
Shares
&
*.
Operating revenue_„>l_
$3,369,245
Net ty, oper,'income/J./ / *221;980
Gross income
-y
193,104
as
1,000
Co.__
Goldman, Sachs & Co._^_^
Harriman Ripley & Co.,
.
&
ner
/ 1,000
&
are
Merrill Lynch, Pierce, Fen-
1,000
(Inc.)
Co._-,_~—
Deetjen
First
The
500
E;
Blair & Co., Inc.___
Brown
each,
'/"V/./////'v/"fef//////// No/of
^
Masten
other
agency
COMPARATIVE INCOME STATEMENT
Period End, Apr. 30-»-
-
'
Ames, Emerich & Co., Inc_
A. G. Becker & Co. Inc—
Alex.
by
and
future
opening
being assembled for the west
company's Los Angeles plant.—V. .167, p. 2359. -
.
service
1.—V.r167,
■
numbers
respective
purchased
'■shares
Dillon
the
and
trucks,
the
Dodge
area
which
;
:
.
■
No. of
,■
•
•v:;
share flat:
per
underwriters
several
■
at $97
stock
preferred
1948
follows:
v;
the
of
names
shares
of
preferred
1948
the
for
public
a
to
new
passenger "cars
.
'
<
of
as
June
011
new
directly
floor.
-
perform Its services .satisfactorily, "
;
/
"It Is hoped that 'such a plan will be, perfected arid available for
general distribution to security holders within the next two weeks.
The first. step thereafter is to present such a plan to the District
Criurt< at/Newark, in which the proceeding is'pending, to secure per¬
mission to (file the plan with the Interstate Commerce Commission."
-
UNDERWRITING—Upon the terms and subject to'/'the conditions
contained
in
am
underwriting agreement dated June 22,
1948, the
underwriters named below have severally agreed to purchase from the
corporation, and- the corporation has agreed to sell to them severally,
in the
respective amounts set fortft below, an aggregate of 100,000
shares
Railroad
continuance
announced
Divisions
groups,
the
its
was
by
Trie
.
a
formerly Assistant Secretary and Assistant Treasurer,
Secretary and Treasurer, succeeding Carl Nyquist,
elected
plant In California, for the assembly of
Dodge
Dodge-"Job-Tated" trucks.
v
s.;
ship
,
rates.
Gibson,
retirement
This
•
'--
meeting held June 17, the directors approved the broad
proposed readjustment plan previously discussed with the
a
about
plant will have a daily capacity of 150
passenger
cars
80 trucks,
working'on. an 8-hour schedule. It will employ about
people;
Plymouth passenger cars are assembled for the west coast area! in
(the company's plant in Los Angeles.- The Chrysler and DeSoto
'
the< or¬
with
is
800
-
con¬
upon
of-the cumulative
initial
time
some
the first 17 days of June
period last year.—V. 167, p. 2682.
same
and
the various security holders
provide in substance (ai a
$48,731,000 undisturbed ex¬
tb) payment of accrued' in¬
terest due the bondholders to the extent that caslr will be available
for that purpose wlhout Impairing the working capital position of the
company; (c) the; issuance of non-interest bearing certificates for the
f
remainder, to be a first charge on income after fixed charges- until
they, have .been retired, except that provision will be made for addi¬
tions and betterments to the extent required and for a capital fund; ?
and
(d»
reduction of the par value of the present common stock to
$50 per share and issuance to the bondholders, as, compensation for
their reduction in the Interest rate for the future,' of a number of
shares
equal to that retained by the present stockholders,
under
provisions to be formulated.
; r *
/
'/ ■
^
„
/
•
"These negotiations are still in progress to work out- the details -of
^
such a program, particularly provisions which will protect -the opera¬
of
shares
280,000
for
way
V
"
'
to be recommended to
for their consideration. This plan would
continuance of the present bonded debt of
cept to reduce the interest rate to; 3 V4 %■",
100,000 shs.
par
of
bondholder
giving effect to reductions to be made from proceeds of; this
offering.
version
$10
under
first
.
,
outlines
4,021,064
1956
$4
div, series of
prior to July 1, 1958
100,000 shares
conv.
(authorized'
fCommon
series
div,
June 1,
shares)
100,000
c
have' been
the
The corporation on June 14
announced that it has recently expanded
operations on
the
west
coast
Issued cn June 17 After a meeting 6f
>
of
revenueswas
;
Leandro
and
~
the
of
its
*
Approve Read¬
board
"At a
*24;750,000
stock
pfd.
1948,
$3.25
prior to
conv.
(authorized
1
T
operating
that this
period.
Chrysler Corp., Detroit,
Mich.—Opens New Plant—
to extend at least another two or three
connection with the reorganization plan filed In the Section
proceeding, by the Institutional Bondholders Group. '
.
.
77
ma¬
O.
been
whose
In
years
ahead
A.
which otherwise promises
tion
20,000,000
turing not later-than one year
24,750,000
Employees' thrift accounts
,4,021,064
Pfd, stock, without par value—Issuable
in
series
(auth.
500,000
shares):;
'•
'
May
adding
$2.14
entire
Chicago Rock Island & Pacific RR.—New Sec.-Treas.
■
ganized bondholder groups in the Central of New Jersey bankruptcy
proceeding to work out an adjustment plan to be presented to the
security holders and later to the Interstate Commerce Commission for <?
approval under the Mahaffle Act. This procedure seems highly desir¬
able from the standpoint of all security holders-In-order to end litiga¬
$20,000,000
20,000,000
'\T
.
said
16,999 223'
$1.14
for
,.
10 y-
,
'*
J
J
The following'statement was
-
•
^
As
*'
,
g
the board of directors;
't'M
EFFECT
GIVING
AFTER
'•///: May 31, *48
15-year 2V»%
debents., due May 1, ■
1961
(authorized $20,000,000)
$20,000,000
2%%
promissory notes, due April 1,
(authorized
*
President,
9,181,984
district
Mr. Bowman.reported traffic in
,
For oilering, see
*
1978.
due
justment Plan—
v/.
1967
*"
>
,
series
Central RR/ of New Jersey—Directors-
///
FINANCING
PRESENT
/'// V'-//// '
>%..-■;•//;v "/ ;///:
,
has
3%
7;925,950
19,719,323
4,330,241
Pere
10,332,92$
8,554,187
12,779,969
Jaxtuary and- February- operations were
adversely affected by urrusually severe weather conditions' that added
materially to operating
costs.
During March and April, the coal strike
materially affected
coal., shipments,, principal source of
Chesapeake and Ohio revenues.
•
bonds,
"
mortgage
reauee
require,■/v; >/
••
xirst
167, p. 2682/
general
;
.
■/
®owrhan,
6,010,286
1,641,916
$0.63
>
includes
$
»...
125,801,949
5,00*1,29»
-
$31,^37,773 were at an all-time
peak,
month of normal operations in 1948.-
Trustf Co.. New- York, N. Y,, has been appointed paying
The'International Trust Co., Denver, • Colo., Tor' the $2,~
with
agent
months
several
'
are
'•/
stock
share, taking the convertible preference
' " •< 1
•;
.,//
per
$
4,960,896'
»
Bankers
5o0,o00
of
$8
share.,
Paying Agent—
funds. It Is the present intention
outstanding bank loans maturing over the
by an amount substantially equivalent to* the
proceeds of this financing. Other or additional loans may be obtained
and
commercial
paper
discounted -In- the future as circumstances
of
stock ot
per
•
share. The new shares are
prices tanging from $103 per share if redeemed prior to June130, 1950,
to $100 per share if called on or after June 30, 1953.
$27.78
•or
$20
at
and
of common stock
redeemable at any time at'-?
Into 3.6
1958,
30,
share)
per
common
will be
share of the new preferred
1953, each
shares
with
which
1948—5 Mos.—1947
2,672,462
1,740.084
5/664,189
share.
com.
Above
,
.
On
together
thereto
28,316,860 127,029,211
3,149,633
taxes
income---2
income
Earns,
share.
•/
convertible
bonds
inc.
profits taxes.^.
railway
Net' ryv oper.
v
'
•
the
prior
V
s
31,537773
.
•
of
or
1948—Month—1947
.i
income
U.
shares of 5^2%
per
presentation
upon
due
bonds.—V.
s
«
Staats Co.; Pacific Co. of California, and Walston,: Hoff¬
man
& Goodwin on June 24 offered publicly 75,000
received as follows: First Boston
were
coupon
Mo.,
coupons
the
to
Chesapeake5 A Ohio Ry,—Earnings—
convertible preference stock at par $20
The net proceeds .will be used to pay for con¬
Corp.. 99.21; Harriman Ripley & Co;, Inc., and Lehman Bros., 99.2077;
Harris, Hall & Co., Inc., 99.064. /
\
.1
:
:;/L struction apd improvement, of the company's; facilities
Halsey, Stuart & Co., Inc., hid 99.55 for 2%S.—V. 167, p. 2682.
///. and for acquisition ofproperty, x •
vv;v.^' '•*?' -i /,
'
•'!f i
vr" .-vv-V1'
Associated in, the oft'erihg' are First California Co.;
Beneficial Industrial Loan Corp.—Preferred Stock Of¬
Lester & Ca; Maxwell,-Marshall & Co.; Crowell, -Weefered—Eastman, Dillon & Co. heads an underwriting < don & Co.; Wesley Hall & Co;; Morgan & Co.; Peters,
group which publicly offered June 23 at $100 per-share—
Writer & Christensen, Inc.; Bosworth, Sullivan & Co.,
a new issue of
100,000 shares of $4 cumulative conver¬
and Boettcher & Co.
The
new
tible preferred stock, series of 1948, without par value- "
preference' stock
Is cumulative
and is convertible
Into
Other bids tor
8,
Period Er.d. May 31
Of¬
Co.—Preference Stpck
Power
interest
attached
addition,
In
167, p» 2682.
has 21 foreign distribution outlets.—V.
company
California JElectric
.
Union Securities Corp. and Stroud & Co., Inc.
all
of
.
sales'force
fered—A group
/.//.'»
73%
Today
country
Rema¬
in the paper line, leather goods, engraved products, metal and plastic
novelties, and playing cards. i
J
?
Brown & Bigelow sells directly to its customers through a nationwide
the
Associated with Salomon Bros. & Hutzler are Drexel'
& Co.,
the
Monday, June 28, 1948
Louis
Ave., St.
product.
single
Baltimore
Offered—A
CHRONICLE
FINANCIAL
COMMERCIAL, &
THE
v
(2786)
lite.
It
will
retail
at
Masterworks Record.
$4.85
for
a"
12-inch
and
$3.85
for
a
10-inch
Popular music 10-inch discs will cost $2.85-; These
substantial savings,
represent
prices
high
as
UNDERWRITERS—The
62%, as compared
as-
:'
musical works on conventional records.
"The Columbia Record company's main plant at Bridgeport,,
the
with
—v.
16.7,
2683.
p.
'j
.
.
<t
^
i
follows:
as
«..
■
Shields
Securities
/
«
*
-
7,780
Loewi
& Co,w Inc.
Co.-f__-;^_—+
1,000
1,000
Mackubin;
Stearns & "Co.jJ!j^__
William Blair & Co._i;—__
7,500
Martin,
2,680
Inc.
&
Barth
J.
'
Bear,
Inc.-^-Output^f
& Sons_"L^i^_s
BroWn
AJex.
company
Byrd Brothers
——
Central
Republic
Chace,
Whiteside,
"
year,
.
.
Sears,
Consolidated Steel Corp.—To Change Name—
-
.'
Consolidated Western
Steel Corp.
on July
1, it is announced.
Plants of Western Pipe-Vic
Steel Co. and Steel Tank & Pipe Co., wholly owned subsidiaries, will
be operated as units of Consolidated Western.
•
I..With Court approval of the sale of the company'® business to Col¬
umbia Steel Co., a subsidiary of the United States Steel Corp., now
final, it is expected that the sale will be closed Aug. 31 or Sept. 30.
—V. 187, p. 2577.
<
'
.
'.'
This
will
-corporation
change
its
'-f
directors
The
.
t
of
declared
23
June
on
stock
capital
respect of
in
500
fixed
outstanding
stock
eaptital
;
$1.20
of
rate
otherwise
for
entitled
be
to
on
each 1/10
receive.—V.
E.
of a
167, p.
co.__/:/---:_/'^;;
&
Hirsch
will .receive cash at tue
share which they/ would
date
such
Hill &
& Co
Hutton
F.
—V. 167, p.
2577*,
$380,785
$210,283
12,725
26,976
7,275
5,866
$400,785
$243,126
4,297
8,321
43,958
43\148
41,366
66,919
61,813
and
Horner
oper.
income
charges—
Co,_____
for
Prov.
<
1,000
2,180
3,300
Walter J.
Net
1,500
Strader, Taylor dp Go., Inc.
No.
&
2,180
4,400
Harold
Wood &
Co———• '
Co
9,698
37,500
37,500
270,000
46,856
15,373
$553,941
State
$197,473
$69,522
268,483
inc.
shares—
common
268,483
$2.06
$0;74
taxes
1,000
Wurts, Dulles & Co.———■ .1,500
Yarn all & Co.———
1,000
.
BALANCE SHEET,
ASSETS—Cash
able
!
share^i.ui'-—
per
banks
in
and
MARCH 31,
hand,
on
i
268,483
$0.26
1948
$1,473,392;
receiv¬
accounts
(less
reserves
for doubtful
accounts, $7,668), $561,919; inven¬
$1,211,709;" note/receivable—from officer
(secured
by 3,500
of company's capital stock), $27,625; leases, wells, pipe lines,
tories,
.shares
refinery,
,
terminal, marketing stations and equipment (after reserve
depreciation of $4,440,005), $3,738,168; deferred charges, $45,563;
for
total, $7,058,377.
"
'
and
■
7,500
v 500
Woodard-Elwood & Co.—
2,000
,
E.
of
,
5,500
Co.———
&
Fed.
1,000
Wade, Inc.—
Walker
H.
G.
Wertheim
8,492
45.0G0
devel—
income——
Earned
.
7,500
50,987
61,162
9,888
leasehold rents_„_
leaseholds,- and
non-
productive
Stroud & Co., Inc.;-—
5,500
Sutro & Co.—" 1,000
2,180
—I—
Mason,
1,000
&
.
.1
;
(net>_—
rev,
Undeveloped
Surrendered
f
1,000
7,500
1,000
Fi--S. Smithers
"-if'
•
income
Other
2,180
Hutzler-
&
68,895
*
"Depreciation'
2,180
&. Company.-—
Bros.
52,931
'
-Depletion
'
_
1,000
.Jenks, Hirkljpind &. Co.^—tf-■ 1,000
1693.
47,542
$991,074
2,765
^
expense
Total
,.
.
Inc.
1,000
1,000.
Misc.
7,500
1,000
..
2,680
stock dividend of one share
shares of such stock out-
a
each ""10
Co.
G; Edwards & Sons__i_
standing at the close of business on July. 9, 1948 with the qualification
that scrip or certificates for fractions of shares are not
be issued
t but that, in lieu thereof, the holders of record of the shares of
54,413
11,206
_
"
Rotan, Mt)6le and- Moreland
Pahey,-Clark & Co....
Farwell, Chapman & Co.__
Fauset, Steele & Co._
Field, .Richards & Co.^___
Graham, Parsons & Co.___
Hallowell, Sulzberger & Co.
Hayden, Stone & Co.
1946
$1,405,085
1,096,273
$968,723
11,143
:
sales,-^—
1
Other
7,500
Phelps, Fenn & Co—,
Wm. E. Pollock & Co., Inc.
The Robinson-Humphrey
Scott,
(
Jackson &
Webber,
of
Gross ' profit//—■—
1
2,680 '
-
sales
'•
3,300
Northwest Co.-/,
Curtis
1,000
Elkins, Morris & Co.J.—
Cost
1,500
Co—:
&
Paine,
Pacific
Salomon
Consolidated Textile Co.,, Inc.—10,% Stock Dividend—
-
Newton
M.
The Ohio Co.-
Russ
'
,
E.
- '
1,000
1,000
A.
Net
*•
Kenower & Co-,—.'—!
1,000
Moseley & Co—7,500
Wells & Co.____
2,180
R. S- Dickson & Co.7 Ino>*-_
i
1947
$1,727,042.
1,239,903
51,940
Gen; and admin, expense
500
Bodine—
1948
$3,032,521
1,941,972
-
Selling
S.
2,180
5,500
.«•
Mullaney,
ToWnsend, '
Crouter &
Quarter End. Mar. 31—
;
F.
.
..
McDonald & Co.-,_^__
1,000
Dain & Gompany____
&
2,180
& Co.--
Derby Oil Co.—Earnings—
r
Corbett,
Miller,
& Co.
DeHaven
*
&
&
2,680
l-,GOO '
2,180-
R. Cooley & Co.,
—
J. M.
*
5,500
2,180
Inc.
Courts
to
name
____
CohU~&Co
George
»
stock to permit
usual quarterly cash
,2,180
Legg
Burns
1,000
Warren '
Inc.
Richard W. Clarke Corp.__
&
of last
n9,40G;000 kwh. for the corresponding week
an increase of 6.4%.—V. 167, p. 2683.
'
'/ >y
with
compared
Co.___h.
Distribution—
on authorizing an increase in the
the declaration of. a 50% stock dividend.. The
dividend of 10 cents per share has been declared,
payable July 20 to stockholders of record July 7, 1.948.—V. 167, p. 1693.
capital
1,500
—
Stock
Marx
Co/(Inc.),f7,500
.
X
Co.—
Laurence M. Marks & Co._
Phillips Co._L—500
Caldwell
&
Plans 5t)%
The stockholders will vote July 6
,
2,180
Boyhton & Co., Inc.-
F.
J. C. Bradford. & 0o-._^____-
on June 23 announced that System output of elec(electricity
generated and purchased!- for- the week- ended
June 20,
1948,* amounting to 202,400,000 kwh., compared with 186,700,000
kwh. for the corresponding week of 1947, an increase of
8.4%.
Local distribution of electricity amounted to 191,000,000 kwh.,.
The
Pitch
Barret,
-
tricity
*
1,000
and
Lane, Space
3,300
path '__—
:
H.
,
Co., inc.
1,000
Johnston, Lemon & Co.—2,180
Kaiser & Co—1,000
Ladenburg, Thalmann &
CD,
7,500
2,180
Auchincloss, Parker -&• Red-
weekly
Consolidated Edison Co. ©£ New York,
Johnson,
4,400
Corp.—
Anderson- &< Strudwick_*__
klowatt-hour output of electric energy of subsidiaries
of this corporation
adjusted to show general business conditions of
territory served lor the week ended June-17, 1948, amounted-to 310,-165,488- as compared with. 275 008,047 for the corresponding week "in
1947, an increase of 35,067,441, or 12.75%.—V. Ib7v P- 2683. ,-v -v";.
"f.1'. 'The
No. of
Shares
7,780
& Company_;____*_
Adamex
Davidson Bros., Inc. (Mich.)—Debentures Placed Pri¬
vately—^Eastman,- Dillon & Co. has placed privately $3,000,000 of 4% sinking fund debentures due May 1, 1963
with a group of insurance companies.
"
are
1
No. Of1
Corjh—Weekly Output—
Commonwealth & Southern
and the
Shares
White, Weld &> Co.___^.___-
Adams & Peck_—
V
principal underwriter
.
1
v.:
...
each
of
name
respective numbers of shares of new- preferred' stock underwritten
same
Conp.,
has been engaged for the past several months; in, pressing the new
LP's for nationwide distribution,"
Edward. Wallerstein, Chairman of
the board said. "Other selections will be added; to the list steadily."
:
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4711
Volume 167
LIABILITIES—Accounts
payable, trade, $703,558; accrued salaries
wages, $30,806; provision for income taxes, $645,327; other- taxes
(Federal gasoline taxes, etc.), $112,609; miscellaneous accrued liabilities, $8,191; notes payable, banks (unsecured), $300,000; common
stock (par $8), $2,147,862; capital surplus, $329,085; earned surplus,
/
and
Textile Corp.—Time for Deposit of Se¬
Consolidated
.
July 19—
curities Under Plan Expires on
»*'•<
• *
.
Continental Oil Go. (Del;)—Buys Plant
.
/
/
War Assets. Administrator, on "June 3 approved sale of
toluene plant at .Ponca City, Okla., to this company for
"
"
x
-
Jess. Larson,
.
surplus
a
Court for the Southern District
of New York made July 19, 1943, fixes July 19, 1948 as the time within
which the creditors of the corporation!! other-than, h^'der® of
ities, shall file, assign, transfer or release their claims, and within
4-?! which th-> holders oi bonds of the corp-rat.jn or ' •* ctw.jott-e/u.
deposit issued by the bondholders' protective committee shall present
or
surrender the same, and within-which the holders of stock of the
corporation shall present or surrender the same; The Public National
Bank-& Trust Co., 37 Broad St., New York, N. Y., has been designated
reorganization agent to accept such deposits on or before July 19,
;
1948 under the plan of reorganization dated Feb. 24, 1938.~*-V. 147,
p. 2388,
—
The final deeree of the U. S. District
$175,000.
"
,
$2,775,939; total, $7,058,377.—V. 186,
Because of the high cost of producing toluene in this plant, the
purchaser advised WAA that it planned to, convert the facilities to
oil
refining.
in
use
Detroit Edison
production of toluene refined for
of
component
a
is; located on a tract-of 4.78 acres.
aviation gasoline.
$200,000.
revenues
the
contingent upon an opinion by the Department of Justice
does not violate anti-trust laws
sale
filed with
was
■} The Detroit Edison. Co,
/
Continental Motors Corp.—Airplane Engine Shipments
the- total
that
so
$11,300,000
>
'
The sale is
that
enter
order
an
beginning
July
making
1
The: company
I
,
in
March
in
advance
an
of
of
that
out
$6,200,000
for
May, he said.
.
jur
CONSOLIDATED
engines by this corporation were larger to
since May, 1947, and exceeded, average ship¬
11 months by 82%, C. J.-. Reese, President,
June schedules call for a 15% increase over
*
-
-
ACCOUNT
INCOME
1947.
1948
$79,044,707 $46,901,920
1 Costs, taxesC"), operating, and admin, expenses
58,819,049 34,597,054
2,769,282
Depletion, deprec., and surrendered leaseholds
2,875,245
3,062,120
Intangible development costs3,602,529
Ended March
operating income
*
Shipments of; automotive and industrial, engines, which to 1947 ac¬
counted for approximately 60% of Continental's total business, were on
the same daily basis in May as in April.
For the .seven months ended
j May 31 (first seven months of company's fiscal year) a total of 142,077
such engines were shipped, compared with 97,009 a year ago, an increase
of 46%. - Total shipments of engines by Continental and subsidiaries amounted to 325,564 units for the seven months ended May 31,
against 255,769 in the corresponding period last year, a gain of 27% .
//Engine shipments to; May total 47,880 unite, against 52,476 in April,
the decline being due to the fewer working days ia May,—V. 1Q7,
"
the
final
a
when
a
$11,300,000
;
operating
;!/ $13,747,884
122,014
2)rl42,022
;
—
determination
the
it
year
original
was
*
Consumers Power Go.—Preferred
Net income
.•
income
Net
''
Offered—An
^Tncludes
Federal
underwriting group headed jointly by White, Weld &
Co. and Shields & Co* on June 2d offered to the public
/■A
1
operating
per
for
provision
ar.-d
State
oil
estimated
gasoline
and
State
Federal
and
excise
taxes
are
income
charges,/ and the amounts collected in respect thereto are
in gross operating income. The amount of such taxes paid
(or, acprue4>
amounted
to $44,516,739
*
t
The
(
new
stock will
be
redeemable at $106,725
share
per
'
to July 1, 1953,
thereafter.
the
*
in
company will use the proceeds
part, its current construction program.
CAPITALIZATION
GIVING
EFFECT
TO
from
'
27/«%
series
due
sale -to
on
the
1975
*
1977
*
14.4%,
$113,825,000
1)
9.000
1
debt——
ldng-term
pfd.,
shs.
547,788
outstdg.J
,
nnnM.
1»uuu«uuu sns'
stock, without par* value,
'
'ft 4,123,432
shares outstanding,——a/
(he
($54,778,800
^ 20;000,000
*
6,000,000 shs. f66,393,76l
to
month
the
the
individual
customer
the
to
discount
in
to
the
and
estimated
an
filing
confine
increase
current
/ to
com-
charges
$11,314,000
./
the original
of
inflated, fuel
for
by
costs
the net left for
payment of Federal taxes,
a
year,
-
petition,
in
which
made
we
every
in
our
construction
and
operating
costs,"
Brown
said.
general rise
"The
immedi-
in
the
that
end
it
to
meet
advantageously raise the money necessary to
carry
on
its $100,000,000 expansion program.
That requires early
additional financing
to
the extent of about $65,000,000."-.
•
"
to- Gain—^
^
\
may
COMPARATIVE INCOME STATEMENT
/; Gross
earnings
from
Maintenance
Amort,
plants turned out more than 3,000 cars in the months
of April and.- May, with the station wagon^ Just introduced at the end
U Of 1947, currently accounting for 70% of all shipments, he ^stated. !/,
Taxes
and
repairs_^___,^_
fracb.
of
(other
than
income
51,451,080
63,409,514
10,513,106
retirement (depreciation) reserve-.
and, elec. pit, acquis, adjust,.
to
Approp.
...
1947
1948
utility operations„____/__$110,891,887 $96,896,131
Operating expenses
The company's
•
be
in wage levels Is certain to be reflected
further increases in such, costs.
."In, addition to the immediate need of additional income
ately
_
of 48,999,689 gallons, or
the sales for the first quarter of 1947.—V. 167, p. 2360.
.
will
average residential
customer uses
which
the charge
is $3.70.
With
for
taxes).
8,240,603
7,220,000
378',734-
7,820,000
429,080
9,254,669
9,261,989
•
37,982
,
,
,
commercial
and
Com¬ !; current expenses, the company seeks to improve its financial condition
109., .
*
x
,
during the first quarter of
.
Common
*
*
commercial cars:by this-corporation is
running 160% ahead of its 1S47 pace, Lewis M. Crosley, Executive
Vice-President, announced on June 16.
! ,
I
/
»
$148,959,000
outstanding!
$4.52 pfd„ 200,000 shs, to be
Premium cn preferred stock
farm
request to a minimum increase to meet only
actual and foreseeable needs, there has been a substantial and' general
increase
an
cost
present
a
be $3,859,000..
/ effort
Production, of passenger tnd
Pfd. stock, cum., without par value.*
$4.50
over
products, sold
galions,
Crosley Motors, Ine.—Output Continues
.
Total
refjned
At
12-Months Ended April 30—
10,125,000
•
residential,
to
from/this increase, after the
company
"Since
25,000,000:
payable to banks
Property purchase obligation
-
of
wes'389,980,047
1948
i
1)
(Sept.
volume
The
Outstanding;
Notes
charges
clause" in effect the bill would be $3.95.
explained that while the" gross revenues produced
amount
would
.
v
119.
during the first quarter of 1948 totaled'
pletions for the same, pejriod last year were,
PRESENT FINANCING
-
is
"coal
also !
reduction
would
of 1948, .including the
for-*the-same period of 1947,
/barrels ;daily
Wells completed
Authorized
first mortgage bonds:
27/8% series due (Sept.
the
oil production for the first quarter
increased
small.
requested
Brown
the
company's equity in crude oil produced by controlled companies not
consolidated, averaged 110,043 barrels per day compared with 98,022
•
PURPOSE—The
crude
Net
at $105,725 for the next five years, and at $104,725
"
finance
of bills to 3%.
At present the
5%'/that"to- all others 10%. /
payment
customers
'
>
of prior
on
the
kilowatt-hours;
127
'
NOTES—Net working capital
that
out
paratively
•/>
;
-
prompt
of coal, a major "expense in company business. Such a "coal
clause" has long been a part of the contract with industrial customers.
durirtg2th6 three months of 1948 totaled $7,296,030.
March 31,
1948, compared: with $33i232,897 on March 31, 1947.
Cash and govThe issue; was awarded June 22 oa % bid pf 100.18991. Other bids / ernment securities included im the foregoing figures amounted to
received! at the salje were:- Morgan Stanley & Co.,100.15 for a $4.64
$28,665,121 and $15,246,740 on the respective dates,- Non-current bank
dividend^ and Harriman, Ripley &- Co., Inc. and the First Boston Corp. ; loans and purchase obligations were $1,773,1612 on March 31,1948, and
f $1,210,491 op March- 31,
(Jointly), 100.376 for a! $4.75 dividend.
1947.
: . /; /
7
/
for
industrial
to
The proposal to Increase
taxes.
included In
not
not included
'
200,000 shares of $4.52 cumulative preferred stock (with¬
out par-value j at $102,725 per share and accrued divs.
;
filed
thought unlikely that
advances in the prices
customers
$6,559,706
by
One-tenth mill
per
kilowatt-hour for each
10 cents.
4,747,155 Z of the cost of fpel above $6 a ton. The cost of coal now is $8 a ton.
Prentiss M. Brown, Chairman of the board, also on June 17 pointed
$1.?8 //
$13,849i543
—
(excl. of Treasury stock)
4,747,155
share
—
—
/*
$2.92
No, ofc shares outstdg.
;
;
Stock
increases,
wage
case.
/price
,
•'
'
any,-substantial
the
was
of
petition
'
.
,
by
The company, in its amended/petition,, proposes to raise another
$5,114,000 a year by baling charges to all customers in part on the
*
106,250
,
,
discount
discount
473,454
117,389
JDrl5,730
income*—i.i—
deductions
Other
,
*
the
,
'
*
p. 2360.
.
w.
Net
17
available
other supplies. As a result of the wage increases since
throughout the
country, it is believed probable that1 the
company's, additional wage costs will go up to a figure approximating
v- $1,500,000
and that the cost of supplies and, materials also will sub¬
stantially .advance.
<
%
::
The original petition sought to raise $6,200,000 a year by reducing
,
Dividends and other income,
Prb.'it on sale of assets— — /_/_—.
June
total
/ grained
,
—
.
be
approximately
/of coal, and
.
31—
Quarter
(Gross
ther® would
^
be
would
Service Commission
Public
$5,000,000
pointed
asking
increase
annual
the
The company also asked that the Commission
*
Shipments of airplane
May than, for any month
ments for the preceding
;/ announced on June 15.
Rafe Petition—
^
.
.
'p/ A request for permission to amend its petition seeking additional
*
.
„
1
gram—
/
Original, cost to the government of the plant and its equipment was
$1,276,103 and its appraised fair value for partial use in place was
<;A
.-
Co.—Seeks to. Amend
:V New Financing Necessary to Carry Out Expansion Pro-
plant was built in 1943 for
TNT manufacturing or as
The
It
5
-
;
1888.
p.
:/
:
;
estimated
for
Prov.
Federal
income
taxes
3,700,000
1
4,870,000
./, Balance, income from utility operations....^ $15,765,518 $15,473,725reported that in addition to increased car production,
Other income
the company has stepped up output of its Cobra engine to .meet de252,230
179,904
t ^Company's
Indenture to City Bank Farmers Trust Co., as trustee, / mauds from other fields.
The 26.5-h.p. motor has been adapted supdated as of Sept. 1, 1945, provides" that, until a supplemental inden¬
Gross corporate
income..^
$16,017,748 $15,653,620
cessfully for a variety of non-automoth/e uses.
The Civil Aeronautics
ture
or
indentures
shall
be
executed
and
recorded
increasing or
Deductions from income
5,472,973
4,410,275
Authority, Mr. Crosley said, has just approved the engine as the power
decreasing the amount of future advances and other indebtedness and
unit for the new, lightweight Mooqey airplane wtoch. tests show, can
sums which may be secured thereby, the indenture may secure future
Net income
be flown cross-country on $12* worth of fuel. 7^*sT.;
$10,544,775 $11,243,354
-
Mr.'
erosley
'
,
,
•
'
■
advances, and
other indebtedness and
'
not to exceed in the aggre¬
-
Mr.
{Represented by 4,123,432 shares outstanding.
gate $500,000,000;
"
sums
COMPARATIVE INCOME STATEMENT
1948—Month—19471948—12 Mos.—L947
Gross revenue
■/
$7,185,086 "v $6,616,764 $82,171,878 $73,907,542
Operating expenses —/-/
3,601,859 /'3,239,173'-' 44,210,"654
35,908,798
688,083,
629,750
- 7,790,333
7,221,333
/;/(Prov. for depreciatioh—,',
{■ft Amort.,: of plant acquis*/;
25,000
25,000;
300,000
/
adjustments
v
121,384
'
General taxes Jhzx-—)
3,812,332
3,641,330
X,140,543
Period End.
Crosley also
Cash ^dividends
disclosed that the company recently acquired prop¬
its Cincinnati, - Ohio, plant in order to expand engine
output,, and: is seekwing a new assembly plant location ,to supplement
erty
April 30—
adjoin'ng
//Its Marlon, Ind., operations.—V. 167, p. 2255.
^
Balance
Net
Vice-Chancellor at Newark/ N. J., on June 11
the directors of this company from proceeding
meeting payments of" a $6,937,077 bond
»Issue, due Jaij. 1, 1949. *
.
./
^
/,■.«.•/-■/'/ •
John
L.-m-
'.*" +
•
Int.
on
*.
.income
long-term
j/ * Amortiz. of
prem.
debt
and
i..-'
1,088,9561
-
with
$18,450,795
/i
>
two
345,428 !
debt-
287,516
3,870,389
company
tions,
disct.,
36,211
37,355
Cr63,767
expense—
\ ; Other deductions -/_-//
Cr7,552
.'V
448,260
439,507
Cr443,118
,
Cr37,281
a
.'set by
The
Net
tDivs.
income
on
..
$1,411,731'
pfd- stock—_
Balance
which is incorporated in New Jersey, is a holding
whioh operates and owns, through subsidiaries, sugar planta¬
and agricultural and industrial enterprises in Cuba.
out-.Of-State
stockholders,
"
Jr.,
2097420"
$1,316,566 $14,173,642 $14,575,006
.
/ 2,485,193' ' 2,465,194
——-—;$.1,206,310. $UU, 145 $11,708,449 $12,109,812
6
Newark attorney,
sought
represented
JameS' D.
the restraining' order.
the Court for return of the injunction.
directors, had
by
proposed .two
;
for working
and const,
cap.
$3,609,794
///'
;
/•">
$1.61
•
Corp.^—Earnings—
Months
Ended
'.
April 30— /
1947
1946
income
...
——.
$3,092,692
3,392,859
2,132,143
$1,164,140
$960,549
13,060
10,286
$1,713,982
Gross profit
$4,556,999
9,860
,
4,827,589
$1,704,122
Cost of product sold..—
Miscellaneous
1948
$6,531,711
Net sales
;
t
7,633,560
$2,150,032
share of capital stock (based
shares)--*™*^-$1.51
2684./"/-:// /:/■■''//
p.
;
railroads
3,464,810
"'•'Five
Divco
restrained
proposed' plans for
This company,
'
m
$1,729,602
—
8,563,903
$1,633,885 $18,040,421
taxes—j
V
•
Gross
8,018,137
O.' Bigelow,
temporarily
.
-
income
167,
Cuba Co.—Court Order Halts Plan—
.
Federal
per
6,997,430
—V.
r
.
income
/./on
^
/
8,394,743
paid or declared
retained
$1,177,201
$970,835
273,774
Carpenter,
date was
No
Total
tl
income
.Administrative^
;
^plans for; meeting the jjond issue.
^The first-plan called for payment by the company of $1,800 in new
'debentures at 6% interest, plus $15.31 in. cash for each old'debenture.
■*'
The, second proposal was to offer $1,475 in new debentures,, plus $20.87
; in cash and
150 common. shares.-7-V. 164, p. J2956.
selling,
advertising,
;
service and general expenses..—
408,984
341,174
Provision for Federal income tax—
495,899
317,690
294,005
t
$809,099
$518,337
$403,056
$1.79
$1.15
$0.89
r"
Net- profit
...
Earn, per share on 450,000 com.
shs.
William B. Dana Company, Publishers, 25. Park'Place, New York 8, N. Y., REctor 2-9570.
Herbert D Seibert, Editor and Publisher;
William
Dana
Seibert. President; William D. Riggs, Business Manager.
Published twice a week [every Thursday - (general news and advertising issue)*-witb - a statistical issue on Monday].
Other
offices:
135 S.
La Salle St.,
Chicago 3. 111.
(Telephone State. 0613); I Drapers/Gardens. London,
E. C.„ England, c/o Edwards &. Smith.
Copyright 1948 by William B Dana Company. Reentered
as second-class matter February 25,
1942, at the post office At New York, Nv Y., under the Act of March 3, 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of Pan-*
American Union. $35.00 per year;
in Dominion of Canada, $38.00 per year.Other Countries, $42.00 per year.
<•
.
' ;
•
.
„.
'
The
Commercial
and
Financial
Chronicle
(Reg.
U.
8.
Patent
Office).
.
NOTE:
On
account
of
the-fluct'uatibrig in
the
rates' of
exchange,
remittance
for foreign
subscriptions and advertisements'must be
made in New York funds.
.
.
4
(2788)
'
"
' "
;
COMPARATIVE
BALANCE
APRIL
ASSETS—
•:
Cash
and
(lets
Property,
604,689
and
patents—nominal
equipment
—
"
credit
xX
wages
and
General
excise
and
common
ferred
tional
1
1
$5,265,435
income
stock
taxes
•After
J After
1947.
for
reserve
Railway oper. revenue-.
127,884
62,273
Railway oper.
142,205
' 87,384
•
528,397
Net
450,000
450,000
Railway
2,025,369
£
of
in
and $236,271
1948
deducting U. 8. Treasury notes of $161,670 in
194/.—V. 167, p. 1042.
*161,824 in
RR.
to
,+,
convertible
contemplates
selling
stock,
preferred
at
Alstyne,
Van
par.»
2577.-
p.
/••
•;'
•
Noel
V'
Period End. Mar. 31—
revenues—X
Operating
Operation
Retirement
General
Federal
60,021
»
—
%
accrls..
res,
taxes
income
taxes—
-'-70,947
--.
income
•$31XJ50
Dr)_.
10,835
2,025
14,373
62,080
"
30,690'.
Deducts, from gross Inc.
•Deficits '
Pfd.
income
X
8,318
*$84,768
*$58,094
.
.
8,551 xXx:
2,248
*$24,150
240
'. '•$76,217
(
.
div.
and
Valley
requirements—Blackstone
Electric
Malcolm
X *$42,080
"
,
6,383
'
The
Ivl?
'
1 X
R.
XX-
E.
.
in
electric
1,500
of
and
cost
locomotive
freight
cars
to
train
cars,
box
cars.
300
?
fV'... J.C.'
\
above.—V. 167,
'V.
•
2467.
p.
Co.—Promotions
the
its
New
York,
of
Officials—Three
,x'X\X.; xXx'X'X-x
.
.
,
.
following promotions, transfers and
Philadelphia and Baltimore offices:
.
for
Federal
2,869,744":
$1,130,743
5,678,530
X
45,500
1,831,000
4,967,5541
3,704,831
v
of
324,009
Other deductions
21,672
Crl7,846
Xm-L-X—.
Net income
Dlvs.
and
3,681,750
of
to
Fire,
Chicago at
Co.;
San
Francisco
formerly
cT
take
to
Secretary
a
x:xx:;Xx'.
and
"•
of
,v
«
•
Secretary of The Home
later
a
was
date
where
he
will
be
C.~ Buck,
Percy
have
'
elected
been
Co.
Church,
Jun6
.
to
similar
positions
with
.
,
,
former Assistant Secretary of The Homestead
has been made an Assistant. Secretary; of The
a
Co.,
1,
1948,. The National Liberty Insurance Co. of America,
Fire
Insurance
merged
were
H.
Insurance
ment
into
The
and
Co.
Co.
Roger
The
also
Bayles
Home
department.—V,
See
The
Homestead
Fire
Insurance
Co. ;?XX X'X
Insurance
Home
xx:
Dunshee, Public Relations Director of The Home Fleet
has been appointed Assistant Secretary of The Home
will
and
167,
has
been
serve
2686.
p.
Homestead Fire Insurance
3,560,705
Cr43,030
He
become Vice-President
Insurance
Secretary of
Crll6,608
•
later-to
States.
He
Secretary
as
..
.
assistant
Assistant
an
the
in
invest¬
Co.—Merged-
above.—V. 167,
Home Insurance Co.
appointed
an
..
1151.
p.
58,405
'
Horn Silver Mines Co.—Lease Extended—
X
$726,387
$6,151,148
$6,778,501
223,005
$734,171
stock
pfd.
on
Vice-President
made
transferred
Insurance
companies,
of
4,246,742
Crll6,608
Cr9,717
1,060
will
Franklin
Kenneth
$9,673,260 $10,281,002
296,056
Cr9,717
debt
prem. on
be
transferred
Franklin
Co.
4,156,282
$1,013,785
$1,030,617
.
will
Insurance
.
The
1.986,000
744,554J
875,809
long-term
on
been
,
Home
As
5,314,000
X
and
Home.
"
Int.
has
Pacific. Coast
Fire
The
of
1948—12 Mos.—1947
taxes.
Income
Gross
Vice-President
The
The
475,000
150.000
X
y
to
formerly Secretary of
The Franklin Fire; anl Charles M. Mecke, formerly Assistant Secretary
plant acquis,
income
promoted
XX^Xxx-^;^".. /^rx-xX'X-X''(■
be
Franklin
$4,726,972 $60,849,414 $54,551,242
2,448,132
34,993,969
28,567,215
$5,395,870
depreciation— ;, x 469,700
of
Amort,
been
C.
,X;;XX:
-
^
1948—Month—i947
revenue
Prov.
has
charge of the Middle Western States.
He formerly was a Secretary
National Liberty Insurance Co. of America.
>
Hcrry Smith,
formerly" Vice-President and Secretary of The
of
;«X
1947
$1,170,100
$49,135
'
iX^yXX'-f
•1948
1947
'•
v
—Jan. 1 to June 14—
Ended June 14—
1943
•
Operating expenses "...^
77,652
77,652
22,828
Diesel
16
hopper
550
cars,
announces
and
Minner
will
Fire
424,471
—
.
company
estimated
Corp.—To Buy Preference Stock—
White
the
of
The Home.
890
;
X, *$52,601
♦$77,106
*$24,386 '
$52 050
X
End.'April 30— *
Period
Gross
$1,575,710
——
interest—-—^
Orlean*
•
:
8edgwick
8.
Home
charge
J /
■
'889;
fiX.
--Week
V
4'^S
A.
Norman
Gas
Co..——
Applicable to minority
of
.
Insurance
company
equipment
aggregate
an
gondola
Corp.
Randolph
381,240
,
.
$131,823
New
,
Secretary in charge of the investment department of The Homef
was formerly
a Secretary of The Home.
:.*$51,711
"
236
-v
:
Operating revenues
~~V. 167, p. 2686.
yv;:V/
'
$1,682,345
31,195
<
$145,973
—X
■
other
Vice-President and Secretary
charge of the automobile departments of The Home and The Home
Indemnity Co.
He formerly was Vice-President of The Home.
44,919
8,285
2,038
*$26,398
*$41,839
,
x
'
x '.
>'
Amort,
Net
x
with
Arthur F. Herman has been promoted to
*$4,857
45,528
9,253
v
2,371
inc—_
Burp, applic. to int.—
,
$2,000,181
$2,0e3,585
$163,018
income.^.—$176,664
Gross
The
and
415,451
/
.
ports of
together
'
x*-*.
from
$1,584,730
$1,500,435
563,150
$119,441
V; 43,577
$114,584
Atlas
Home
12,771
*$30,955
♦$15,107
*$44,210
income.
income
adjustments
Utility oper. income..
pther income (net)-—
■j
3,641
•
,
101,238
1,153,745
X,. 59,622 XX 773,498
See
24,475
:
Gulf
v
sale,
consisting
and
cars
Hilton Hotels
;
24,912
27,547
and the
the
the purchase of
to
$8,540,000,
167, p. 2686.
$57,300
X
$36,853
6,976
3,602
1938-
(net
cper.
ry.
•Gross
551,679
737,600
1,137,945
- 604,846
613,090
754,950
.
60,308
62,388
105,166
1.
applied
be
from
•.
1948—12 Mos.—1947
44,735
.
will
appointments in
'
$1,144,302 $14,490,769 $13,197,874
758,959
9,695,051
8,381,074
$1,313,169
900,062
—
Maintenance
Mobile.
—V.
737,966
6,228 x■■■•■;;X 25,888
6,903
(net Dr)
opsr.
rents
Deductions
•
Subs.)—Earnings—
1948—Month—1947
Montgomery, Ala.,
X. "X ■ 'X
-$795,266
4
^
Utilities Associates (&
■
.1-
of
Act
on the north and west through St. Louis^
important gateways of Memphis, Tenn.. Bir¬
the
to
and
PURP08E—Proceeds
1948—4 MOS.—1947
•
1947 operated 2,906 miles of main track,
'
funds,
$839,125
V 802,272
$1,738
31,
Units Merged—
Non-oper..,income^...^_x (»X
X
-
-
* *''
'J.
v".
..
Eastern
Louis
units, 4 sleeping
consisting of 650
Co.,
v"
and
unsubscribed
Wall St., New
Une-mploy.
rents
facil.
Net
The
167,
St.
mingham
been
"
„
Inc., will head the underwriting group.
corporation states that business has greatly expanded and larger
inventories are being carried and greater amounts of working capital
used.
Part of proceeds from new financing and from current projects
will
be
devoted to
these
and
other general business
purposes.—V.
&
•
of Dec.
were owned, 495 miles operated under lease and 34jy
under trackage rights. These lines extend from
Chicago,
111., and Kansas City, Mo.,
East
warrants who
make addi¬
to
Act
X-'.X
Railway
Jt.
which the -company,
Corp, and Gearhart
$20,
par
2,062
in
special meeting of common stockholders will be held on July -22
vote
on -a
proposal to create* an issue of '150,000 shares '5%
cumulative
have
$199,234
197,496
6,472
misc.-
Taxing
Insur.
'
,
;X:Y.X'X:'x''.
;v
_
shall
as
*$14,373
r
oper.
ry.
&
RR.
Epulp.
-A
entitled
be
which
accruals:
tax
Fed.
in
1948 and
../••.x:.;'
fr.
rev.
1937
(Allen B.) Dumont Laboratories, Inc.—Plans New Fi¬
nancing—
shares
$181,012
195,385
expenses.
valorem
Ad
$3,917,430
$5,265,435
•
$294,325
COMPANY—As
of
miles operated
,
X
3,213,890
771,129
depreciation
4»/2'
subscription
also
1948—Month—1947
Period End. Apr. 30—
146,038
—
...
each
share
shall
for each six shares
shares of 4.40% pre¬
Georgia & Florida RR.—Earnings—
Fed.
Total
share
one
for
full
full
such
for
$577,470
-
.
of
$3,917,430
—.
par)_,
of
in
55,317
Earned surplus
share
one
$545,510
s
extent
Holders
warrants
at
approximately
1-
other expenses
.
withholding taxes
($1
and
held.
subscriptions
—
^Federal
Common
the
to
preferred stock of record
16, 1948 have the right to subscribe,
for common stock (of $20 par value)
for, subject to allotment.
The Bankers Trust Co., 16
York, N. Y., is subscription agent.—V. 167, p. 2578.
xxx>x;xxXx';^
:x
stock
such
1948,
29,
share
per
stock
exercise
74,988
balances.
vccrued
$24.75
of
23,523
—
'
at
June
June
on
Monday, June 28, 1948
,
LISTING—Application will be made by the company to list the bonds
on the New York Stock Exchange.
Corp.—Rights to Subscribe—
stock and 4.40%
common
business
of
before
or
36,762
3,665
payable—trade
Customers'
close
on
1,125,977
26,324
—
the
19,162
31,207
111,284
„
value__
surrender
value
liabilities—
"
—1,405,574 '
„
'Accounts
1,688,528
•
*
-
plant
insurance—cash
Total
502,217
1,999,452
Holders of
$446,271
(less reserve)
Dies, tools and patterns (less amortization)
Deferred charges and other items
Life
General Telephone
'1947
$1,083,240
..
reserve)
Prepaid expenses
;
hand
on
and notes receivable
Accounts
30
1948
banks
in
■inventories
.
THE COMMERCIAL & FINANCIAL CHRONICLE
,
SHEET,
2,676,064
2,676,064
223,005
X
J. G. Sargent, Vice-President and Manager,
on May 1 said in part:
During the first r.ix months of 1947, Metal Producers, lessees, shipped'
the Horn Silver Mine 5,736 dry tons of ore, having an average
1
from
'.
Applicable to E. U. A
$1,581,865
$1,476,386
$1,581,865
—x; •••• 232,368
$1,476,386
259,478
$1,814,233
$1,735,863
—-———
Balance
—V.
'
Eastern Utilities Associates—
" r '
income
Non-subsidiary
'
Total
"
(as above)
Earnings of subs, applic to E. U. A.
X—
Expenses,
1,.Balance
COMPARATIVE
INCOME
of
view
rendered by
the
the
publicity
which
';r?,12 Months^Ended March 31—
-' ^ "
Dividends from subsidiary companies.
".Dividends from Fall
"
.
Light Co.._X«~.
River El,
(Total
....
Expenses
taxes
X
...
/
„
I
r„
1947 ' ,X
the Supreme Court of Georgia on June
15,094 :
/
—
question
Income
—
dividends
.Common
Convertible
—V. 167,
.X——
-
paid———■
dividends
2028.
p.
-
157,911
;. 157,911
X
&
1i
>,
-
'"i/.'j
intended as an expression or
the merits of the plantiff's
as
to exemption from ad valorem taxation, or upon any
to what remedy, if any, the plaintiff might have if any
as
Mr.
of
opinion
is
in
of
$20
During
ton.
per
the
last
six
months
of
the
partially shut down, because of adjustments the
to make owing to discontinuance of govern¬
Nevertheless, production of newly mined ore totaled
year, with a gross metallic value of $138,407,
premiums.
dry
ducers)
zinc
XX
for the
tons
decided,! to
mill
float
The
to
original
tp
petition."
decision upon the merits
all
process
and
received
from
the
in
Producers
Metal
modified
was
Government
enable
purchase,
on
the
holder
in
and
32/100ths
of
a
share
of
no
Petroleum Co., Ltd. See also V.
at
139,
2678.
p.
share of
this company to
price
a
$9.20
of
stock
common
par
term
exploratloa
-
each capital
of
basis
rata
pro
a
$43,800
during the year 1947.—V.
was expended
:
flotation and
the mine, ojix
capacity
grade ores
the low
Horn
Imperial Oil, Ltd.—Rights—
Rights
in due time institute other
properly present the question to
be decided."—V. 166, p. 2660..
will
daily
500-ton
a
of
lease between
premiums which
the
construct
extent, at the request of the lessees, and extended for a
some
of 20 years.
The lessees
will
company
believe
we
that it may
the Courts so
allegations
the
"Having failed to get a
the
controversy,
which
to
of
was
compelled
consisting of 152.5 ounces of gold, 30,367 ounces
of silver, 843,571 pounds of lead and 1,384,954 pounds of zinc.
Test
shipments of dump ore and stope fill ore totaled 2,438 dry tons,
having a gross value of $19,334, exclusive of premiums, from 56 ounces
of gold, 9,545 ounces of silver, 193,981 pounds of lead and. 108,211
pounds of zinc. /•
•
.XX., X-:
X:
However, during this adjustment period,
the lessees (Metal Pro¬
question relating to
Harper added;
the
proceedings
1,371,298
;
.
:
$1,656,842
1,371,398
i
paid—
this
in
any
assessments—according
16,269
$1,562,182
...
,•»
mine
were
exclusive of premium;
of its money or property should be seized or levied upon for such taxes;
;i the defendant having now done nothing more than threaten to make
Y-
Net
-
said
upon
contention
51
99,844
'
Court
intimation
$1,824,786
51,780
54
92,472
•••'
the
7,619
the
value
smelter
net
mental
to the decision
15 with respect to
given
did not decide that the property was taxable, but only
question of taxability could not be decided in the particular
proceeding which the company, had instituted."
.
<.
The Court said:
"
*
* *4
*
"The
/"Nothing
250,473
84,924
been
taxability of certain property belonging to this company, James E.
attorney for the company, thinks it appropriate to call atten¬
that
$1,565,308
$1,754,725
,
taxes-
'
232,368.
•/x^XXxX.XXXX~^—
income
•interest
•
1948
$1,522,357
.
,
....
..General
^Federal
„
■■A
jf:
has
Harper,
ONLY
STATEMENT
$4,102,437
year
tion to the following facts:
ASSOCIATION
OF HOLDING
EARNINGS
$3,475,084
;
Georgia RR. & Banking Co.—Taxability—
In
$1,567,920
$1,621,690
--X-
'
$503,382
2466.
lessees
167,943
192,543
interest—.——•
and
taxes
sX $511,166
—
167, p.
'
per share.
International
of
167, p. 2686.
Xx
*
-
f',T
<
Gerity-Michigan Corp.—$19,000,000 Orders Booked—
x
;sh i
v
Independent Exploration Co.~^Stock Listed—^ ^
*
'
Electric Power & Light
For
of
the
this
week
ended
corporation
June
2684.
P.
.
17,
amounted
095,000 kwh., or 26.9%,
over
James Gerity,
Corp.—Weekly Input—
1948
the
System
input
ration
subsidiaries
of
to 80,586,C00 kwh., an increase of
the corresponding week of 1947.—V,
has
000 represented automotive orders,
"Our
customers
In
view
5%
the
of
fact
preferred stock
York
issues
that
Stock
that the $10
this
of
par
company
common
was
to
Exchange at the business opening June 14, 1948, these
from dealings on the New York Curb
Exchange at
167,
2684.
p.
than
1949
30,
of
"
stockholders
Richard
out
that
S.
Boutelle.
init'al
Vice-Pres:dent
deliveries
would
Packets
type
was
and
has
announced
General
been
placed
June
on
by
10
Manager, who pointed
probably not be
made
until
X In November, 1947, an initial contract for 37 C-119s
Fairchild by the U. S. Air Forces.—V. 167, p. 2466.
late
was
1949,
awarded
Farnsworth Television & Radio Corp.—Sells
Rights to
Zenith Radio Corp.—See latter below.—V.
167,
f.V-v
x:
:
.
x-
/.v..
p.
2028.
■.
—
Florida Power & Light Co.—Trustee
New York, N. Y., has been appointed trustee
paying agent and registrar for $11,000,000 first mortgage
bonds, 3ft%
series due June 1, 1978. For
offering, see V. 167, p. 2578,
Franklin Fire Insurance
Co.—Merged—
Home
Insurance.Qo. below.—V. 167,
1694.
p.
«
-
'
.
I
,
.
announced
June
was affected.
10
■
•
~
.*
assemJ)h' Plants of General Motors will -continue to operate
long as materials are available, but it is
expected that eventually
ttiey also will be .compelled to close for about a
week.
V. 167, p. 2578.
as
General Public Utilities
The electric
Corp.—Weekly Output
output of this corporation for the week ended
June
J®'*8 amoun^ted to 144.222.423 kwh.,
10.1%,
over
company
in
more
the
year
have
been
,
.
the
current fiscal
year
have
by
voted
•
,
..
Emplioyees-^
divided on June 14 among
employees of this company, .Benjamin S. Katz, President, announced.
5,;.
This fund was sufficient to give employees with more than five
years' Service 14.73% of their earnings during 1947 and qualified em¬
ployees with less than five yeares' service 9.82% of their earnings
last
year.
Under-five-vear
employees
share on a basis of actpal
earnings while over-five-year employees share on a basis of l'/2 times
actual earnings.
^ v
X-. X-X
X
The company each year contributes 5%
of its consolidated profits
before taxes to the profit sharing fund, Mr. Katz explained.—V. 166,
profit
sharing
fund
of
$151,999
was
k
■
268.
;
Ohio RR.
&
—
Stuart & Co. Inc. and associates
Bonds Offered—Halsey,
on
June 25 offered pub-
;licly, subject to Interstate Commerce Commission au¬
thorization, $7,000,000 collateral trust 33A% bonds due
(
July 1, 1968 at 101% and accrued interest.
Associated in the offering are Dick;. &• Merle-Smith;
an increase of 13,221,838 kwh
the corresponding week of 1947.—V.
167, p. 2686.
& Weeks; Otis & Co.; L. F. Rothschild &
Co.; Adams & Peck; Dempsey & Company; Freeman &
Company; Ira Haupt & Co.; The Robinson-Humphrey
Company; -Thomas & Company; Nashville^ Securities
Company; F. S. Yantis & Co. Incorporated; and B. W.
Pizzini & Co., Inc.
1 •*
;
n I' % •
18,
or
The
issue
received,
was
all
awarded June
naming
the
24
same
on
a
interest
bid
of
rate
100.08992.' Other
were:
Salomon
bids
Bros.
&
Hutzler and Kuhn, Loeb & Co. (jointly)
and
First
The
Boston
collateral
104%
to
100%
102%
to
100%.
and
100.029; Shields & Co., 99.6311
-X.-.-v
-X .
at prices scaled from
through the sinking fund at prices ranging from
Corp.,
trust
and
They
The
99.0899.
bonds
will
First
be
are
;
issued
National
.
redeemable
under
Bank
of
an
indenture
Mobile,
between
the
trustee, and will
be
ratably accrued by the pledge initially under the indenture of
$7,000,000 principal amount of first and refunding mortgage 4% bonds,
series E, due 1973 and by the deposit of $2,100,000 in. cash,; subject
to withdrawal, in whole or in part, at any time or from time to time,
by the company upon the pledge of an equal principal amount of said
series E bonds or of its
first and refunding mortgage 4%
bonds,
company
series F,
due
1964.
listed
to
1948.
being
stockholders a broader market for their holdings.
ot this company, primarily in Kern County, Calif., has
been expanded from nothing in 1943 to approximately 95,000 barrels
net per month currently. The company proposes to drill for its own
account or jointly with others about 36
exploratory wells this year.
give
its
Oil production
—V.
167, p. 2257.
,
,
End. April 30—
Operating
1948—Month—1947
oper.
1948—4 Mos.—1947
$1,294,722
1,294
$986,345
235
$332,786
$241,387
$1,293,428
$985,365
259,652
194,360
1,031,180
763,999
$333,117
revenues
Uncollectible
$241,622
331
rev.
Operating revenues
Operating expenses
Rest
from
lease
of
erating property
Rent
.
.
980
lease
for
of
op¬
Net
Net
oper.
50
X
1
19,298
$118,084
$109,755
61,918
52,158
4,179
p. 2257,
Promotions—!
Insurance Co. of North America—Two
A.
demnity
troller
new
Eger,
the
of
•
„
Lester
of the
in
addition
Insurance1 Co;
office,
firm.
X200 XXX;X;. 200
144,764 X X 111,411
$18,888
$34,127
operating income
charges__—
1#7,
50 '
28,089
39,157
after
—V.
Cr800
Cr200
____
property
Operating taxes
Frank
^
M: Gulf, Mobile
x
shares of this company were admitted to the Hst of the
•
Griien Watch Co.—Makes Distribution to
A
The 868,950
San Francisco Stock Exchange at the opening of business June 16,
Xx Lowell W. Saunders, President, stated that the stock was
Period
approval of the reorganization plan
was announced on June 22.—V. 167,
directors, it
X
Indiana Associated Telephone Corp.—Earnings-*-
,
■_
"The primary cause of the
shutdowns is a shortage of steel," a Gen¬
Motors spokesman said.
"This situation reflects the
high degree
of integration of
industry necessary in order to make possible continuous production, and how a
strike can cause
interruptions far beyond
its duration
Because of the
shortage of steel due to the coal walkout
slmilarly f°r«ed to shutdown the last week in
April."
'
eral
*■«.
the
of
with
us
Hornblower
that conditions resulting in part from
the coal strike last
spring would compel General Motors to shut down
its automotive
fabricating plants, and its automotive assembly plants in
Michigan, from the close of business on June 11, to the usual
starting
hours on June 21.
The employment of
approximately 200,000 people
on
'
in
provide
,
General Motors Corp.Plants—
It was
2686.
vp.
Appointed—
The Bankers Trust Co,,
See
recommended
p.
Fairchild Engine & Airplane Corp.- -To Build 99 C-119
Packets Under New Contract—
99 C-119
Division, it
business
total
/
corporation
w.l'.l
field
Globe-Wernickc Co.—Plan Approved—
The
X
•'
'
as
c;
-An Air Force contract for
with the Fairchild Aircraft
fiscal
according to Mr, Gerity, who added;
automotive
the
1948."
this
current
dealings on the
stricken
were
time.—V.
the
that this corpo¬
the
affected by shortages of steel and other items in customer plants, he
reported.—V, 167, p. 2132. •
stock and the $50 par
admitted
June
Operations
W
Big Board—
in
ending
New
volume
,
in
for
Of this total, slightly more than $14,000,-
(ending June 30, 1949).
year
orders
in
$19,000,000
17,v
on
almost
167,
;
Elliott Co.—Listed
:
Jr., President, on June 14 announced
booked
J.
America
recently
•
,
Stauts,
North
pany and
North
created
,
to
his
North
of
and
its
as
has
Secretary to the. In¬
appointed Comp¬
been
affiliated
the board
by
.
position
America,
This
companies.
directors of
of
the
is a
parent
'
'
"
until recently Executive Assistant
to the Treasurer
America, has been made Assistant Treasurer of the com¬
its affiliates.—V., 167,
2133.
p.
,7,
'
'
x* Tniernatfonal Detfola Corp.—New Unit in Operation^-.
'Xri.CX Russell'Feldmarm,
June
:80-ton
to
electric
arc
President, on
furnace, -first unit
12
announced
into
go
operation
that an
in the
Newport Rolling Mills' $6,000,000 steelmaking expansion program, has
been lighted and is producing steel in increasing amounts toward its
fated capacity of 8,000 tons per month.
XXr'X
>
The new 1 electric furnace boosts Newport's steelmaking capacity to
43,000 tons of
Additional
ingots
steel
he added.:
month,
per
rolling
facilities
now
-
X ^
X
under construction
are
,
Xl.X,.
sched¬
uled for completion by fall.
This corporation, of which Newport RolliDg
Mills constitutes the largest operating division, last January purchased
Government surplus steel plant buildings
to house most of the new
facilities.—V. 167, p.
1809.
s'
'' X
X-'x^xy'"'\.:X.'X':...
v\ XXX
International
Chemical Corp.
Minerals &
—
Official
Retires—
The
retirement on July
1, of Harry B. -Baylor, Vice-President in
charge of the plant food division, was announced June 14 by Louis
Ware, President. Maurice H. Lockwood, for the past two years Presi¬
dent
of
the
National
responsibilities
and
the
President
of
Mr.
said.—V.
Ware
it
Fertilizer
is
Association,
expected
corporation'at
167, p. 2468.
that
the
he
will
will
directors'
assume
be
Mr.
Baylor's
elected
meeting
as
Vice-
June
on
r
Volume 167
Internationa! Rys. of Central
INCOME
.i
,
FOIC THE
ACCOUNT
COMMERCIAL
THE
Number 4711
including the
America—Annual Report
ENDED
YEARS
31
DEC,
1947'.
FINANCIAL CHRONICLE
offered and
above
1,328 shares
stock for which no stock certificates have been
shares, to
,.,.■••••
which
shareholders of
the
of
issued.
common
1946
:
1945
$10,462,385'w$8,932,750
7,012,916
5,602,738
...
(2789)
in recognition of the Intangible assets of these three
The special charge against earnings was made to write
premiums. /This action/was taken'in accordance with the r
company's present policy of eliminating from its balance sheet, as far
subsidiaries.
off
-
as
Net revenue from
railway
$3,994,276
$3,330,012
$3,449,469
806,466
oper.__,
644,405
$2,805,064
$3,187,810
Railway operating income
(net rents).-™™.
518:
Total rent.income
Net railway operating income™—.
$3,188,328 "
Total other income™™™
™«—/™.,'
,135,209
Total income -a/////
t
$2,807,910
/ 90,538
them < Severally,
-
" 439,728
Jnceme; .—™-
$2,677,912
750,000
Income
transf.d to profit and loss
NOTES—Revenues
ofGxatemuia
ae rates
Le.
Salvadorian
Provision
becn made
one
.
$1,011,432.
expenses
BALANCE
of $804,500,
as
1947
31,
-
funds
investment
(cash 'and
in
■•■'.>
.
This
road
issued ' and
—
.
in
5%
on
International Telephone & Telegraph Corp. (&
3 Months Ended March 31—
Cost
of
•
..
';:%
*>•• .'/•'-
•■'
•
An
" Gross
profit- on sales
Telephone and radiotelephone operating revs
Dividends, interest and management and service
fees from
subsidiaries
not
'
gross'earnings..:.....™!..
-.Total
Operating,
1™
__
long-term debt
of
/
/
Net
and expense™
65,000
,
•~y'.;i67,' p^
759,000
•
969,017
Cr91,326
:
'
•
311,521
/
eubsidiaries
from
$973,787
income
Gross
™^/.™™™a735,283
earnings Z.™-™™™™-.,
and, general expenses^
Other
Taxes
$1,709,070
Doss
•?—-a-;-————■ "■•'■
foreign exchange net—z.™
long-term debt
on
Interest
on
—
-
Amortization of debt
/
-"tr-ij
233.052
'income™™™-™^™...*/^^™^.™-™
accruals-
Income
Sales
56,097
v.$502,857. $460,710
:
a quarterly dividend Of 12 cents
payable July 21 to stockholders of record June 30. A like
amount was paid on Jan. 21 and April
21, last. The current distribu¬
tion will be derived exclusively from interest and dividend income.
In 1947, the following payments
vfere made: Jan. 21, April 21 and
July 21, 12 cents each; and Sept. 26, 27 cents. >:/
E. E, Crabb, President and Chairman of the board, said:
"As a
matter of company policy no dividend distribution from profits on the
sale of portfolio securities will be made until the final quarter of the
fiscal year."
v:i'/
.Net assets as of June 10, 1948 were $125,889,381 with shares cur-'
rently owned by more than 59,000 shareholders.—V. 167, p. 1923.
Net
from
Kohnstamm
has
p.
elected
been
Vice-President.
He
/
$792,604
176,661
.10,234
$4870,693
636,492
/
111/557
5,302
.
"
*
•,
F.
Jacobs, Vice-President, has assumed the executive duties
formerly directed by E. R. Leeder, who has resigned as Vice-President •
in charge of manufacturing and director to devote his time to other.
business interests.—V. 167, p. 2579.
''i
::
:
$3,903,528
offered
being
for the account of
are
aU
y.:>.
outstanding
anii
QUARTER ENDED MARCH 31
.
.
sales
Profit
before
income
1948 •••
1947 : r
.
$42,452,053 $35,281,718
™a™a
-™__^™™™-™-—_™___H„
taxes_-™™A™~//™™*-/.
2,635,845
1,021,180
Federal
and State income taxes, etc.^—™—™!
Tax contingency reserve-A™™™__z_™z™./-™
Net. profit —
Common shares
Earnings
per
;
2,494,243
994,715
37.500
;
y™-v™
'
outstanding///--/--///-™//-.
share—-™/™/——™™
BALANCE
h>u.j.4
1,125.825
,
i
17,330,586
in
Inventories, dies, rolls,
tProperty, plant and
Patents, trademarks,
Prepaid and deferred
| Total
Leasehold
Excess of
$2.18
$5.27
Z
4,308
1,693,191
3,940,848
1,031,740
404,018
7,950,049
9,426
200,778
etc.—
charges—
'
liabilities
■
cost
(less
cost of
500,000
498*611
./--//_---_^//////////™/'-/ *
948,763
1,515,155
•Federal taxes payable -_//_-//-//-/_//^-/--/
Res. for furnace rebuilding and. contingencies
;
99,503
1,500,000
2,604,166
9,375,973
business---—/™—™
™--J-.-
415,033
5,253
amortization)-
invests,
consol.
in
—
subs,
dates of acquis, (less
bond
expense-—
5,253
1
1
39,544,467
6,532,086
901,774
32,631,274
6889,078
1,044.974
over
1,409,712
amort.)
112,126
1,487889
118,820.
70L827
l>
294.500
226.550
! 233,153
230,181
——$101,506,797 $91,464,310
—
payable and
Federal
accrued liabilities-:
Income taxes—™——
$10,732,401 $10,291,991
5,119,145
1,888,673,
/
-
Advance
payments received on contracts
;
First mortgage bonds, 3% series due Oct. 1,1964
Serial bank notes, 1.75%, due $500,000 semi¬
annually to 1954-™--——Z z™—™
$5.58
Notes
under
July
Purchase
bank
1,
credit
agreement,
1949———-
961,850
23,000,000
23,000,000
6,500,000
7,500,000
4,000,000
mtge. bond, 4%, due $23,750
1957——.
—
Reserves for tax contingencies—//-™-/-///-™
Res/for self •insurance, guaranties, malnt., etc.
Cum. pfd. stock, 4% series ($100 par value)-/
Common stock ($10 par value) /—
Earned Surplus;/-//™/™—/—
Capital surplus
$1,180,486
8,252
1,590,084
4,794,886
1,031,740
380,034
7,709,181
9,735
195,088
7,000,000
money
Jr Total
500,000
827,570
1.75%,
.—/_-/—-/—
878,750
/ quarterly to
/
f
1,430,007
1,764,439
684,519
774:878
15,000,000
11,258,250
15,000,000
9,155,500
5,912,975
2.019,679
15,694,468
12,576,017
$101,506,797 $91,464,315
/—_
*
After
reserves
for
depreciation, obsolescence and depletion of.
$36,216,752 in 1947 and $33,902,001 in 1946,
tQuoted value $529,731 in
1947 and $767,555 to 1946.
fEqual to the estimated Federal income
tax reduction expected to be realized in future years.—V.167, p. 652.
'
Notes pay. to banks due March 1, 1949 & 1948
Notes -payable.
./-/---/—----/-—--/^^//-.-r----s 'Accounts payable.
.
™-/™™/™
.-™™_—-
liabilities—
$17,042,175 $16,899,490
-
Accrued
securities
■
Accrued
due
$1,807,813
•
•
■
Total
balance sheet
reserves)—-—™,
5,823,536
385,669
Prepaid insurance, taxes,••etc,™-™//-/-/../-/-^
IDeferred portion of contributions under pen¬
sion plan for past service cost™—/
Other deferred charges-/——™
;
$3,434,349
615,000
molds, etc.—
equipment
..
5,823,536
Land
$2,813,401
$2.19
430,772
1,050,500
book values at
625,000
75^40
"
281,889
Patents, trademarks, drawings, etc.--——_
♦Bldgs., machinery, equipt. and standing timber
35,451
$3,294,738
625,000
raw
Investment
19,513,957
19,205,157
41,671,
Companies owned 50%
tListed securities
Unlisted
789,151
$1,342,814
615,000
and manufactured goodSstocks of subsidiaries-
Inventories,
.
™™™/-//™--
Non-consolidated subsidiaries
i
Mar.31,'48 Dec.31/47
(less
——z™™_
—/——™_-—™—
.
$5,465,265
2,030,915
/
$166,916-™
Special; deposits ----Sundry notes and accounts, not current (less
reserve, $34,036)__——™___™
U..W
Investments:
$3,638,003
1,644,314
194$
18,683,il8
less reserve,
$4,939,052
$1.47
$5,273,258
53,055
-
•
915,550
'
31
1947'"
Inventories
$2,091,821
749,006
.
$1.27
DEC.
SHEET,
Cash on hand and demand deposits—™, $6,536,172
U. S. Govt- securs.: (at cost which approx. mkt.) /
19,136
Accounts receivable (principally trade accounts)/
"'
$5,562,003
1,115,000
809,000
'
$1,499,528
$1,577,165
common
CONSOLIDATED
;
•
700,000
310,904 :
620,889
1,593,575
93,454 ^
2,000,000
2,604,166
8,476,499 \
'
Kroger Co.—-Current Sales Increased 9%—
Period End. June 12—
Sales'
Tne
.
.
1948—24 Wks.—1947
1948—4 Wks.—1947
$62,745,666 $58,716,845 $374,599,649 $344,007,786
average
number of Kroger stores in operation during the four
weeks ended June 12, 1948 was 2,460," compared with 2,577 in the corresponding period last year.—V. 167, p. 2361.
h
•:;;
Of the total, 36,260 shares are being sold by Adams and 15,300
by American.
/■;/,/
//■.>£•,....
_
and
other
products
are
also
manufactured
and
sold
to
the
construction, petroleum, marine and other Industries and to municipal
governments.
/
$2.79
"
being sold
International/
BUSINESS—The principal business of the company is the manufac¬
ture! and 6ale of mining
machinery and equipment largely used In
underground mines, and the company believes that it is the largest
manufacturer of such machinery, and
equipment to the United States,
i
300,000
1,464,880
1,708,990
$4194
™.
■'
1948—9 Mos.—1947
-1947
'
Accounts receivable
Total
are
the Adams Express Co. and American
r
Similar
n
356,26f
600,000
;■
-™/™—/—/™ $17,042,175 $16,899,490
f
(M. HO Lamston, Inc.—Withdraws Preferred Stock Fi¬
■
nancing—Bank Agreement Reached—
♦After deducting U. S. Treasury tax notes of $802,472 on both dates.
It was announced, on June
18
that the corporation's
preferred
$ After reserves for depreciation andamnrtization of $8,769,328 in 1948
I financing, which had previously been reported; has been withdrawn."
and $8,678,307 In 1947.—V. 167, P. 2257,
\ Prior to the commencement of said offering the company was able
■
j :The shares
shares
CONSOLIDATED EARNINGS FOR
Net
$7,488,905 $24,060,883 $20,029,304
1,947,011
4,217,236
5,300,421
164,843
721,816
144,809
on
income Invested in the
garten & Co. and R. W. Pressprich-& Co. and associates
on June 22
publicly offered, at $38.87V2 a share, 51,500
shares of $1 par value common stock.
The issue was
v.';'• 'v
3,206,475
,
Unamortized
Five year equal serial 2J/4% term, loan notesCommon stock (625,000 ho par shares)—™—/
Joy Manufacturing Co.—Stock Oversubscribed—Hall¬
oversubscribed. ■;;/
/™™-^^„u™™™^™™-/^™^™™
paid on common stock-..™;
™Z™
El*
30,673
$605,709
$8,745,914
1,801872
462,621
comparative
LIABILITIES'—..
Corp.
.-
nArt
,.
hand and demand deposits—
Notes receivable
V.
„
6,165,783
sition.v-;X/':
f
-
$1,368,224
assets—
Cash
had
434:,.
John
150,000
■
h
tnu
,2,040,000
908,000
.
4
65,264
200,C00
1,345,664
series
Accounts
profit
■"'■'
General Sales Manager.—V. 167,
/; (F. L.) Jacobs Co.—New Vice-President— "
265,977
-
--_™.™:
;
12,99/
25,559
of certain items to conform to treatment lh
fWrite-off of unamortized balance of excess of cost of invest¬
ments in consolidated subsidiaries over book values at dates of acqui-
.
as
^—;
1947.
t
$1,964,193
/ 595,969
Common shares outstdg.
Earnings per com. share
'■■■} Jack & Heintz Precision Industries, Inc.—New V>Pres.
R.
"
2,013,541
•After reclassification
:
$68,938
$7,518,693
1948—3 Mos,
™_---:/-/////™/
Prov. for Fed. inc. taxes
share,
Joined this company last October
6,694
.
4,990"000
tax™_-_™i„_™Z
Earnings per:common share™-
167, p. 2579.
•The directors on'June "16 declared
Frank
4%
■
operations.
Other income —™_:/™_
Investors Mutual, Inc.—12-Cent Distribution—
;
$968,194
*
Period End. Mar. 31—
.311,521
.
tax
Profit before Fed. tax.
per
-
™™-,™/-.„'
4%%. series
■
Keystone Steel & Wire Co,
Cr77,413
217,500
12,794
ry.
-
'■''V
Profit
♦Loss.—V,
505,02/
6,351,889
878,051
■
,
$1,173,604
225,000
156,000
$1,595,194
v 445,000
182,000
Net ry. * oper, income- ;, $851,335
-V. 167, p, 2579., ;;/Zi'-v■:
$1,63(1163
,646,201
725
—
discount and expense
5,846,866
*
13,943,823
969,705
Net income ™-™
-l/l-l....
Divs. paid on Cum. pfd. stock, $100 par value:
'
V
Equipm't rents (net Dr)
Joint fac. rent3 (net Dr)
750,095
196,529
ry. opers.
income taxes™
-Railway oper.
-
$880873
-
778,665
,/-
Administrative
for. Federal .income
Dividends
1947
253/y
fr.
rev.
Federal
$2,019^27"f$2,05l,402
INCOME ACCOUNT OF PARENT COMPANY ONLY *£/> /
^:-MenthS".Ended:"1948
^'//194T'^
Other
funded debt____™
tSpecial charge'™
56,097
,
Income
-.™/!l™
Provision for State income taxes_-.™_„™™Provision^ for tax contingencies™™/™™/™™/
-
■$'$
■■
Provision
Period End.May 31—
• 1948—Month—1947
1948—5 Mos.—1947
Railway oper: 'revenues-v* $3,330,307
$3,003,629 $16,384,803 $14,165,224
Railway oper. expenses1,735,113
1,830,025 . -8,866,110
8,623,221
Net
^
new
H
483,912
-
12,794
.
on
™™ii_J-.,
Amortization of debt "discount and expense™-™
interest charges™..:
_*™_,i_™™
Kansas City SoutHerii Ry.—Earnings—
;
~ik
income
♦LOSS.
i
/
Other
,
,*■ 27;672"
$5,364,794 /
Net .profit'.^™//-_™™_w-/-™-^-/-/i/-^^_V':
$372,419
3,974,513 / Capital Shares v0utstandlfig/—™
Z—* 300,000
888,462 v
Earnings per share_-_™4.;-/™A-//_™-l--./-./$1.24 '
217,500
—//
debt discount
Interest
.
(& Subs.)—Earnings
-
'
Amortization
income
•-
ft 7,276,827 "
.
on
that
.
.Quarter-Ended March 31—l948t
779,049 :X Profit after charges—™——
$599,283'
243,600 V Federal income tax-.----™i-/A-™_-/™/A™----.;
226,864
:
.
Interest
;
-
,
a
™____
308,981 i
1,134^64
U; S. Federal income tax—,»/™™Z—™z_—Z™: ■;
102,000
Other taxes2*733,544
Provision for depreciation
__™™
1,083,404
Loss on foreign-exchange (neti_-AiAA^A.^.'™'AA
-.325,039
Total charges of subsidiaries**.
830,362
Interest charges of parent company:
•
'
,
•.
300,0CC
13,470,056
473,767-
^
566,609
294,991
925,248
' $15,735,861
selling and general expenses—
and repairs.
/ Total
-
-
Kalamazoo Stove & Furnace Co.
consolidated™™™
Maintenance
1
I,772;22c
II,135,844
740,000
5,460,481
6,285,425
Sundry divs., ink, advisory fees and royalties..
income (net)„„
Plan___.:™—
Operating 'profit-
Under the new agreement, effective June' 1, the corporation will pay
into the new Social Security Fund,, which supplants -the company's
present Security Trust Fund, 5 cents; for each hour worked by em¬
ployees'covered in the Agreement. .The new Social Security Fund will
be administered by a joint board, composed of an equal number of rep- y
resentatAyes of. the company and Local. 142..—V. 167, p. 2257.
;
•
Pension
'
a wage increase of 13 cents per hour
9% wage increase for salaried employees, with
a
minimum-increase of $22.50 per month/, and an agreement by the
company that it will negotiate with the union to eliminate intra-plant
or inter-plant inequities if they exist, it was announced on June 11.
Subs.)
under
Other' Income' ™/w/-///a'/a;/^_™'£:
142, UAW-CIQ, calls for
for hourly employees,
$7,921,216 *$1,684,9454
Other
Contributions
agreement, which is subject to ratification by the membership of
Local
—
Taxes,, other than income taxe8_„„_™_™_™„. ■ 2.030,557
Selling, general and administrative-expenses™/ ,13,228,286,
plant is producing
Wage Agreement—
$/'••/
-.™'™
_^™
LC 162,457,305 112,146,351
sales/ excl.. of -items shown separately/ 129,648,752 90,768,380 *
ete
,
3,338,654
2,323,0ft ;
Depreciation, depletion,
800 units per day on one shift. -4.
"Mr. Kaiser said retail sales are
that
"l;
*1946
:
.$
Net sales
•Cost of
at the rate of over
;
V
continuing at a record high, and
the present nine-hour, six-day work week is being maintained.
Run
'
"
1947
,,
.
,
^he fourth largest producer of passenger cars,
the Willow
//-Currently,
v
>
Corp.
EARNINGS FOR CALENDAR YEARS
monthly production peak In the history of the company. T^e previous
high was 20,667 cars in January, when production was on a two-shift
v
__„—__—_„™_"33,471,167 *;/ 9,429,148 '
goods sold——
-
-
Edgar F. Kaiser, Vice-President and General Manager, said,
K-F's scheduled output of 21,000 units this month represents a
-1948 >/■'■"
1947 *./'■
Net sales ™——™Z—I—-/.™—.-/-————— $41,392,383
$7,744,203 f
•y'
"
last year.
1
a total of $11,366,34fr mm expended for property add!-:
Improvements and replacements, and investments in securities ;
of two 50Y* owned companies.
This ^sumr" compares with $10,117,350
expended'for similar purposes* in 1946.,
-•
Years Ended Deo. 31—
of
this
•
15,300
.
became
company.
cumulative
-
replacement of
tions,
Starting production in June, 1946. this company turned out 11,753
units in. that- year.
Output -jumped to 144,506 for 1947 when the
participating preferred
stock, $31 per' share; cash and current accounts receivable or pay¬
able in foreign currencies have been converted into U. 3. dollars at
rates current at Dec. 31, 1947.—V. 167, p. 2361.
arrears
3,866
36,200
the
for
.^J'b'tog 1847,
:
,
corporation
months
>
the
Chemaco
1,634
1,307
1,263
1,634
2687.
p.
six
first
.
Dividends
891
2,087
<—-—.i—
.
1,634.
.
2,109
3,866
3,093
,,
(500,000 '
outstanding
$31,441,144; 5% preferred stock ($100
par
value),
$10,000,000;
funded
debt -unmatured
(less $5,831,528
1st
mortgage 60-year
5%
bonds due
May
1,
1972
in sinking
fund
per
contra),
$8,101,360;
audited
accounts
and
wages
payable, $253,381; miscellaneous accounts payable, $816,833; interest
matured unpaid, $291,941;
dividends matured unpaid, $39,864; un¬
matured. interest
accrued, $88,431; accrued tax liability, $806,081;
other
current
liabilities,
$5,500;
insurance
and casualty
reserves,
$3,984;
maintenance
reserves,
$55,655;
other
unadjusted
credits,
$150,772; accrued depreciation, $6,425,877; reserve for amortization,
$12,210,740; corporate (earned) surplus, $19,191,100; total, $39,822,663.
1,263
will produce its 250,000th Automobile next week,
just two years After production started at the Willow .Run, Mich.,
plantwith the manufacture of seven automobiles in June of 1946,
It wag" ahhoimeed .on Juqe 16,,
/'
': -The; quarier-mlllionth cat',J a FrizSrZ Manhattan. model, is scheduled.
for production on June 25^
It will be the 93,741st. car to be built
by K-F in. 1948, a figure .which nearly doubles output attained '.to,the-,
value),
par
167,
——-—. —
.
newly- issued stock, 200,000 shares were sold through an
underwriting group, headed by Ther First ^ Boston Corp., bringing the t
company / approximately «$4,800,000. 1 The- remaining 10,275 shares: o. >
common stock issued
during the year were used by the company in the ;
acquisition, through an exchange of" stock;-;- of Manufacturers Chemica.
Corp. of: Berkeley Heights, New Jersey, and- its sales subsidiary »
,
5,020
3,866
,z_a—//—//:'
-.1,634
.
3,866.
'Co.l_l__-.L_;
Of
5.020
.
2,987
stock.
common
Corp.
Kaiser-FrazerCorp.—-250,000th Car to Be produced—
■"■/.
...
without
!
.
prqvlded in
International
>
4,780
4,780
.
Brothers
*
.
particularly in the chemicaL field, - was
part by the-Issue-during the.year of-210,275 shares 01
.
interest
stock
LIABILITIES—Common
shares,
"Totals
■'
-V.
'
&
Smith, Barney, & Co——i—Z-ZZ™
;
wise for the company, to
prepare now
investment by expansion-in-other fields.
Capital for this expansion,
American
Adams
,
•?" Shields
and
equipment, $81,124,124; i
accrued)/$49,034; miscellaneous
physical property, $ 108,845; cash, $4,043,478;. temporary,. cash invest¬
ments
(U.,. S. Treasury savings notes,
series C), $150,000;.- special
deposits; $142,589; net balance receivable from agents and conductors,
$159,553; miscellaneous -accounts -receivable, $995,314; material and
supplies, $2,618,992; interest and dividends receivable, $75; deferred *
assets -1working >fund 'advances), "$3,305;" total
unadjusted debits,
$427,353./ total, $89,822,663;
>
v.
•
"
/./„ \ ■/:
V
AS8ET3—Total
sinking
.
'
by reason of
Utility: Holding Company Act of 1935, the
stock
to Each Underwriter by
.
Seott '•-& Stringfeltow——//™™/—-—
& ^Gompafcy/j;_——////___/K
Singer, Dearie & Scribner™
1
$1,825,991
in
1947 has
against $041,953 in 1946.
SHEET AS AT DEC.
.
Carl M.-Loeb, Rhoades &
4$ cents (U. S.).
income tax applicable, to the year
Federal
the amount
.
Lehman
250,000 ".
the currencies
converted" into U/S. dollars
incurred
'
It had been the policy '
>
Co.
-
Intangible nature.
<an
company ultimately, will be, required, to dispose of its investment to the
of Eastern Gas and Fuel Associates.
Although final settlement has not yet been made, obviously it is
>
-
Express
460,573
.
severally
agreed to sell
forth below, an
set
amounts
Co—
/. ™—/ /—/—/
R. ,>V. Pressprich & CQ-_™™z-™—r
Paul H. Davis & .Go.z™///;.i_^Z.jZ_/'
The First Boston ."Corp—.
$2,075,991
625,000
have
below
No. of Shares to Be Sold
'
Hallgarten
throughout the'period for which this statement is
Guatemalan . quetzal for one U. S. dollar and one *
colon for
' for
in
.' V;
and
and El Salvador have 'been
current
.rendered,
earned
respective
*
,
/■/■•
337,438
«.
$2,136,132
$1,827,912
Div, appropriations of income-
the
•
V'
Net
named
213,247
,,
possible, any items of
write off such premiums over a.period of ten
years.
has been pointed out in previous annual
reports,
the provisions of. the Public
and the selling stockholders have
in
v
$2,660,755 J
322,588,/
,
underwriters
aggregate of 51,500 shares of common stock;
...
$2,898,448V, $2,874,002
$3,323,537
322,640
v
422,984
Total miscellaneous deductionsTotal fixed chargesi___„™__—.
$2,660,193,
561
2,848.
to- purchase,
agreed
to
*
As
UNDERWRITERS-—The
-
669,819
,
these
to
merger.
Railway tax accruals_—„™_—____.
5
acquisition,
,
latter are
The
the Sullivan
Machinery Co. are en¬
titled undpr; articles of merger'effective Feb/
28, 1946. Such share¬
holders have hot, as yet, surrendered their,SUliivan stock certificates
to the company for exchange-, in accordance with said
articles of
~
Total railways>peratingfevenues—:/'$13,076',437
Total railway operating expenses
9,082,161
shares
&
'...-v
.
CAPITALIZATION
V
AS
*
Kingsburg Cotton Oil Co.—To Redeem Preferredis announced that all of the oustanding preferred Stock .which
has not been converted into common stock will be called August 1.
it
Securities. Corp.
Hoppers
1, 1948
Co.,
Inc.—Annual
Report.—J.
Jr., Chairman, and Brehon Somervell, Pres.,
-
Net 6ales in
$1
1947 amounted
to
$162,457,305,
a
.
said in part:
of
peacetime peak, and
i
.
.^73'"7^V-
,
.
the
income
■
taxes—
—
$528,705
Capital shares outstanding-™Earnings
per
—V. 167, p.
share™/
1695.
1
*
-
.
1,929,127
'
$0.27
1946
1947
1948
Net profit after charges and Federal
the^ underwriting
from
Suhs.)—Earnings-^
Lehigh Coal & Navigation Co.
Quarter Ended March 31—
on
highest. net earnings, in the company's history, totaling $6,165,783.
J- / ; :/
"
•
; '
Authorized ' Outstanding
./.When the company acquired the stocks of Wailes Dove*^lermlston
Common Stock" ($1 par yaIiie)/_™.__™ 3,000,000 sh?./!^ •854;856 shs.Corp., Pennsylvania Coal. Products Co. and Manufacturers Chemical.
•Exclusive of 3,630 shares held to the
treasury of the company/ but Corp., it paid a premium' over the book value at the time of
,
have released the company
agreement entered into.—V. 167, p. 2580.
p. Williams,
$50,310,949 over 1946.
Although the net profit
Of sales was only 3.8 cents,, the large volume provided
increase
each
.vi
i / The
proceeds of the bank loan will be used for the same purpose as
tthe preferred stock financing contemplated, 1. e- for busrtliess expan¬
sion.
The underwriters, Chllds, Jeffries and Thorndike and Aetna
!
an
OP MAY
vto complete a long-term bank loan on unfavorable basis.
-
\
$652,737/
1,929,127
$294,908
1,929,127
^$0.15
$0.34
/
,
.
■
I'1#'*?'
THE COMMERCIAL & FINANCIAL CHRONICLE-
(2790)
C
1948
$3,689,309
Earnings
share
per common
—V. 166, p.
$3,181,523
950,780
Net profit after cngs. & Fed. taxes
Common shares outstanding——_
950,780
—
1685.
"
$3.88
vv-y;/-;'.
y '"■ '>y ry " y/y
Lehigh Valley Coal Co. <& Subs.)—Earnings—
(Mining Subsidiary of
sales
■—
Operating income
Rents,
royalties
other
Gross
income.
$580,160
124,652
funded debt
r
Deductions for
depletion
depreciation
and
Net
870,183
215,102
243,947
<.
23,670
448
501
$193,023
$176,645
income
$901,922
$777,966
Net
>
Go Off List—
Lehigh Valley Coal Corp.—Stock to
profit
sales——
Operating income-—-Kents, royalties & other
income
r
.
debt
$708,905
66,021
10,797
$673,741
90,875
11,159
245,711
216,053
92,970
78,675
1,453
1,266
ihcome.,——i—
funded
on
Other
Deplet. and depreciation
Prov. -for Federal and
Pa.
;
taxes
inc.
interest—.
Minority
■'Cv--
i
*;
'4,292
income—
corp.
1,426,964
$0.07
sh.—
166, p. 1789.
Earns,
—V.
com.
per
1,425,951
$0.06 :
-
-
.
on^
1948—Months1947
---'
t
I.
•
'*
v
-
-
••
1948
taxes.
1947
$526,196
$769,866
$446,889'
■
.
Net profit —$201,141
Capital shares outstanding--I.—.. ;
400,000
Earnings per share...—k $0.50
—V. 167, p.. 264.
»
•
,
228,200
V4,615,713
79,950
accruals-
Railway
Equip, rents
■
M,
*
record changer
»
was
.
17 in Chicago.
the
;
.*eeedle.-
-
-
-
This
.>
-
on June 14 marked. its entrance
premiere •showing of -12 models 4n
into
company
v/ith
a
'
•
/
the
^wide
a
television
variety
,
•
/ /
of y:
styles,
f ^Glenn
L.) Martin
<y^-New Navy Order Rlaced— f
:;It Was. ^announced 'On June 11 'that the Navy rhas placed witk-thik
company an order for 12. additional Martin Mercators;: bringing to 19 /f/
the current production schedule of this model, one /of the'most power- ^
fiil and versatile, planes in the Navy's postwar air< arm^.
*
•
/ 1
:.
3,973,843
V;
June
.
,
t
v.'Production woric on th'e initial
Martin Mercatorfi/.'s-jiow under
seven
$2,402:852 / way- at; thp Martin Middle River plant, with the "first planer due for. '
f ;. 663,000 ;
deliverv ih
the summer of 1949.
The 12 additional Mercators are
431,169 /
385,508 / :scheduled-for completion in 1950—V'
167;/p 2689*v; / ;
;
/
.
-
'
:
(net Br)—
•-
$250,939
-
$1,349,921
$1,011,592
f,
'X4.
$164,973,
•.
;•
.•'•;
■ ■
y.-(
.'
»
,v
v -
"
Louisiana Fower & Light
\
Co.-^-Earnings—
Operating
-
>-
J.,K,
'•/
,
"
'"'•SV'r*'
v
rMereditb Publishing Co.—Earnings—
■
reevnues——
expenses——
Federal
;
i /o
-1948—Month—1947 I'4 1948—12 Mos,—1947
k - (Including Wholly-Owned Subsidiary) ^
$1,380,017
$1,195,529'$16,391,585 .$14,146,610 f;
;9 Months Ended March" 31—
1948
1947 •
'
787,479
vi 634,541
9,602,266
7,274,493 £.:
Total revenues
^«./_-> $i6.938,964 $12,124,238
159,002
183,545 ?; 1,901,207
2,090,840
Prplft before income taxesj——«
3,912,482
3,570.705
92,472
78,573 v 1,060,568
: 904,799
Period End. Apr. 30—
Operating
•
%
»
-
V
■
:
.
Ralph H. Maxson, President of the St. Faur Foundry A Manufacturing Cp., of St. PauL Minn.,, has T>eea elec'tfed, Chairman of the board
of directors of The W. L; Maxson Corp.
Heretofore, there has been no
such .positions—V. 166; p, 951.
*
(■■'- ■ •r
v:?"' '
"'
^
f
x
-Vy
(W. Lv). Maxson Corp.—Chairman Elected—
.
,
rV. 167, p. 2258.
>
$316,196
$474,334
- 400,000
- 400,000
$0,79 lvs'.$1.18y
..
that
two-speed
new
■
reproduction. in
music
-
$1,961,072
$1,444,344
78,553
528,670 : v 398^81'
106,399 /
€2.461,
'16,820
/ 34,191: .;
y/; 7,4i3 K
$453,662
income
oper.
$330,443
■
company's
in
'
-
■
years, 'this
improvement
$3,388,941
'
996,700
:
116,000
88,004
•
taxes-
income
Other ry. tax
,
1
* f
June"29 >
:
j'.,
Net rev. from ry. oper.
1948
- $846,334
210,000 ?..y 372,000
-
$317,141116,000
'
—.
major
priced from $299;50 to $1,750 at .the convention in t
Chicago, I'l., of the;National Association of Music Merchants.
:
;j
The company also announced full-scale, conversion of its large Fort
%'U
Wayne, Ind., facilities for Revision{o reach a capacity "of • 19,000 '■ ;
units .per, month
py.-vfaJUrL,
Z6S»^:r^ - •'£
V
Md'Si'r~-i947''^
$8,004,654 $6,466,700
$1,307,690
860,801
■
/ i
Magngvox innovation-makes it possible to
four hours of continuous music on a. single loading of the new
field
1948-^5
;
$1,762,091
992,225
Railway oper. revenuesRailway oper. expenses-
<& Subs.)—Earnings—
Ended March 31—
9 Months
Profit before Federal income
first
stated
was
furniture
'
■;
31—
....•
Federal income taxes—
:
^uipments%* ,: i
COMPARATIVE INCOME ACCOUNT
-
Joint fac. rents (net Dr)
Lehn & Fink Products Corp.
cents per i
share on the 7
No
166, p. 2211. 0-
per
i.
',
$0.29.
,
20
Enters Television Field—
1
$1,760,000 equipment trust certificates.
1,425,951
y
,
.
Issued invitations for bids to be received
>'
« /
---v, .*
*
play
long-playing records; which are soon to be .placed on the market; In j
addit'on to playing the new records at 33 V3 revolutions per minute,
the
Magna vox -changer
plays
conventional records at 78 R.P.M.,
higher
,
dividend of 15 cents
Louisiana & Arkansas By.-^-Rids
Period End. May
$1,198,957
1,426,964
$0.19
'
this issue last year.—V.
payment was made on
The company has
:for
4,514'.
$1,052,031
$275,713
$291,953
outstdg—
as'the
last
It
.,v;v1
"
1947
"
$17,110,988 $13,046,548
-1,328,484
■ 1,185,968
Shares
demonstrated for the first time-on
stock, both payable July 15 to holders of record June 30.
Federal
Net
Common shs.
$195,506
$0.34
Chairman cf the board, stated that the company's
•
_
(The) Ma^navox Co.—New Record Changer—
the
1,
.
.
1948
——
outstarrdfng-—i—
270.253
270,621
Earnings per common 'Share———,'-_c—$4.74, '
$4.21
—V. 167, p. 2258.
/ V /'//', \-/v; v,:v/
444,367
$951,472
-$507,798
$2,23....
$1,12
:
;
sales
profit after charges and Fed. income taxes
;Ha5led
265,654
269,665
4
...
extra
$2,771,465
380,766
,
64,414
i 837,159<
875,276
...
share—
Elided Feb. 29—
6 Months
Net
.The directors on June 22 declared an extra dividend of 15
0-fr.
—t,.i11,
$2,556,124
311,493
43,368
*$1,180,009
*$2.80
—————'
Subs.)—Earnings—
Net
/tt^cnigbViU$$;.*of(fft,
1,412,008
■i'
i.
,
deductions—
Gross
Int.
' /
y
The
•
$639,873
Declares Extra Common Dividend—
common
.
1,321,595
342,056
327,185
—^—————:
1946
$1,324,723
1,016,930
649,034
level than ever before,
1948—3Mos.—1947 *1948^—12Mos.—1947 .)
$8,851,392 $6,784,444 $30,723,551 $24,681,592
381,719 .... 331,686
1,234,529
1,359,457
Period End.Mar.31—
White,
McCord Corp. (&
1945,
1247
t
sales" were "the target Iri its ttistory, and earnings were also at a
V
,
additional
an
*
1
■
...
[$1,600,506
NOT
share and the regular quarterly
//?,
CONSOLIDATED INCOME ACCOUNT
Gross
.
19.48
taxeSLj
M. Fred Cartoun,
Exchange'will hold a public Maring July 7"
to consider the advisabilitiy of filing an application with the Securities'
and Exchange Commission for removal from listing and registration
cn
the Exchange of the above company's non-curattlative preferred
stock, $50 par value, in view of the small amount of stock outstanding i
(5,571 shares) and the small indicated aggregate 'market value.- .
j
Stock
registered with the BEC
Weld & Co., New York, underwriters, will purchase 'shales. The offering price will be filed by amend¬
proceeds will be used together with a $2,500,000 loan;
to pay off bank loans and restore-the working capital position of
the company.—V.167, p: 2469.
"
■ • ■.
v:;.
TF-80C
.
Fed.,State& Canad.taxesJ STATED
Earns> per com.
York
the new
24
June
on
unsubscribed
any
ment.
^ ?
.■
fighters, details of which are
trainers, introduced two
F-80C
new
2688..
167, p.
Net earns, before
•/. *Tentatlve.
New
held.
mid-1950,
^
■■
Loiigiiies-Wittiiaucr Watch Co., Inc1.—Earnings-
166, p. 1789.
The
457
128 of
Years E6d. Mar. 31—
2,422'
plywood will "
"
of ho par value common stock that will be offered
stockholders at the rate of one new share for each six" shares
common
97,554
2580.
ago
added.—V.
ment
j
80,000
2,023
28,475
interest—--
corporate
build
and
■.
three
years, and production lines are set up and operating to deliver ore
completed airplane per day at present. The new. orders will be fired
with the present work-force of about 12,000 employees, the announce¬
961,667 {
:
;;
taxes
—V.
,
./l'
will
restricted,
167, p.
shares
first to
<
inc.
'The corporation
87,167
to speed instruction of new pilots for the USAF.
.' Lockheed has built more than 1,000 F-80 fighters in-the past
Federal
-for
and Pennsylvania
Minority
Lockheed
still
$2,291,853 $2,612,783
•. 518,013564,803 f
43,368
- 84,414.
$586,716
138,458
11,159
.
1,410,977
1.418,632
335,331
317,427
Other deductions—10,797
Provision
announced.
is
annual production of
McCall Corp^—Registers With SEC—
F-80C
for
10
fourth in Eureka, Calif With comple¬
a
%-inch basis.—V-
a
u
Jet trainers that will keep production lines busy until
months
-
E. V. Rickenbacker a total of 15 Constellations
received orders from the United States Air Force
Shooting Star fighters and TF-80C Shooting
corporation
June
it
and
income
Interest on
This
on
Star
1,201,811.
872,920
251,385
262,733
.
be 225,000,000 feet on
Receives Orders for Shooting Star Airplanes—
^
constructing
tion of the Eureka unit, its over-all
.
/;
yy".y\.
1948—12 Mos.—1947
i-) currently
and
they put the big
this air line since
from
"
1948—3 Mos,—1947
$7,121,594 $6,450,171 $25,957,020 $23,927,394 •
Period End. Mar. 31-—
Gross
;
Lehigh Valley Coal Corp,)
come
year and will give Capt.
for his broad network
$1.34
$3.35
:-r
re-order to
transport on their Empire Routes.
>
The new airplanes, ti be delivered next fall, will Tiring the Dutch
Constellation fleet to 19. The EAL ships will be delivered-early next
1946
•
$1,271,996 *
950.780 /
1947
third
the
Lehigh Portland Cement Co. <& Subs,)—Earnings-—
12-Months Ended March 31—
Monday, June 28, 1948
>
.
taxes
<
/
.
.
.
•
Other
income
income
taxes..
tire.
.
1948
Quarter Ended March 31—1
Profit before Federal
Fwlferal
taxes
"1947
v
taxes-^*..———'J:> $944,592
400,722
—
res.
Amortiz.
,
$894,324
acqui.
J!——
profit
Earnings
:
per
—V. 167,
p.
-
share-.
254,
- ■
.;
v-
■
.
^—
...—...
'
~
<
-
.«.
1 f
y;:/.'';y ^
-
Common
share3
Earnings
per
—V. 167,
p.
taxes and charges
outstanding—...
Other
yiy
(est.) ————————
Gross
!
share——
common
'
1948
1847
income
allowances
>
>
$190,432 *$2,461,985
$216,527
——
43,591
73,677
$25,886,661 $20,217,173
$9,976;627 $17,677,777
and
>t
;
21,766,846
Prov.
for depreciation—
271,905
Fed.,
and
Canada
in-
Estimated
recovery.,.—
10,045,385
150,306
$2,349,709
' j.;. i——,
*
.
sh.
1,489,460
*$413,564
1786,000
^
$1,489,460
807,930
$2.91
i
2,591,480
U.
,
<•
_;:-1
■
$372,435
$476,956
$1.84
" "
.
$0.46
6.
.'.1948
'
'
__$10,012,039
Govt,
securities..:
securities..
iAccounts
•
receivable—trade
(net)—^.—2..
Inventories, at the lower of cost
.
Other
or
market
*
'
1,499
•Property, pl«nt and equipment-.....—.......
assets
and
1,999,800
218,988
9,496,042
15,010,854
current -assets
Other
deferred charges..
;
Total
Advance
tracts
v
payable and
billings and
accrued
14,374,550
501,292
-
been
named
on
sales
$4,631,208
r
Lustron
.
on
taxes
taxes
ftr Federal
on
than
Federal
Richard N. Jones,
Architectural
formerly
Forum,
a
has
167, p. 943.
—V. 167,- p. 254.
8,974,010.
and Dominion of
Treasury stock (6,114 shares).^..—Dr95,713
Itt
————
167,
for depreciation of $9,691,483
p.
Repeat
June
■
f, ,i
.'
|
15,442,199
'.'i
;'
r'd'
„
,
.,1*
•
183,000
r....
V
$96,967
198,000
$3,070,661
2,248,000
V-.,
earnings—•
*$101,033
>
2,303.000
....
,r.
$225,110
$2,794,380 "
' $322,661,
$491,380
tOf annual interest "arid
afnkihg fund charges on bonds
including those payment of which is dependent
ayailable lncomfe.—V, 167, p. 'f50. "
v
debenture
stock
.
Michigan Bell Telephone Co.-—Earnings—
^Period End. April 30—
operating revenues
,
^
,
1948—Menth-^1947
1948—4 Mos.—1947.
$9,119,425
$5,992,970 $36,001,143 $30,494,956.
rev.^44,91220,723 -r
181,679
A
94,092 v..
vNet operating 'income
after charges
—V., 167, p. 2362.
'
521,655
$2,758,305
2,424(294
$3,447,374
3,336,135
-
Mid-Continent Airlines, Inc.—^Stock Sold—Hitchen &
Murphy, Chicago, have offered and sold at market 6,000 /
shares of common stock, par $1.
The net proceeds will.
he used by the company for working capital.—V. 167,
p. 2362.
/
.
. (_
committee
charge
in
19.47
"
1946 "■ \
$295,561
$193,327
$50,000 :
375,000 $0,66
*
$0.51 -
k
.
;
,
$559(269
589,004
:
'
-
$5,972,247 $35,819,464 $30,400,864
4,497,154
29,540,185
22,979,757
915,824
3(520,974
3,973,733
t
$674,863
Net
■
member of the publishing
elected Vice-President
*
.
'
.*
'
"*
O
r:-':
.
vv'
"•<
'
* !
>•*>;
.
;
'..Vi
"
Midland Steel Products Co. (& Subs.)—Earnings—•
'
garter Ended March 31—
,
Profit bfefore Federal Income
Federal^^ income,
Co.—Increases Holdings—
;iN€!t'$»r5fitf-^
V
Common
-
shares
Earnings per
425,$00
;
$867,292 /
329,500 *
,
-''$711,001"
outetanding^.^^—^^^—:
234,915
share—$2.10
common
:
1947
T948
liaxes/2//4—^$1,136,001
taxes—^
'
,
'$537,792
/
" -234,915r
$1,35/
of Portland Manufacturing
Co.
«
purchase involves acquisition of the stock of E. Richardson
of Lansing, Mich., which owns 12/32 of the so-called AveryRichardson tract of 1,148,185,000 'ffeet "of old growth yellow fir and
Midvale Co.—Earnings—
Co.,
$3,234,385
886,261
'
EARNINGS FOR THE QUARTER ENDED MARCH 31, 1948
"
on 22,380 acres. Of the stock, 75%' was acquired
; Sales
'
$5,454,073 ^
by The M and M Wood Working Co. and 25% by the Portland Manu-. ■i .Net /profit
6,537 v
facturing Co,
*
.
Capital shares outstanding,—
"1 600,000"
Previously, Mr. Marlarkey explained, the M and M Wood Working :
Earnings-per share
$o.oi
Company and James A. Malarkey had purchased the Charles H."
Green
estate which
owned
3/32
interest in the tract.
Since Mr.
Autzen is associated with M and M Wood Working Co:, in a number'
/ Mississippi Power & Light Co.—Earnings—
Of its -enterprises, the purchase means that ~M and M Wood Working
Co. wholly owns, or has "access;'through" "associated"IrifereSts ""to 15/32
Period End. Apr. 30—
1948—Month-^1947
'.
1948—12 Mos.—1947
•
-
403,965:
640,805
3,647,685
V
-
;!
1.405.842
15,399,544
18,198,024
Dr95,713"
$51,-615,$65 $43,720,697
in
1948 and $9,193,012
-
•
.
.
Of the Avery-Richardson-Green, tract, "or
■\
a total of 538.215,000 feet:
\
/ The "remaining 17/32 of the vast timber unit is owned outright by
Sewell Avery, Chairman of the board of ^Montgomery Ward & Co. Mr.-
Repeat Order—
-
•
orders for Constellations by two .leading world airlines now
fleets of these million-dollar transports, Were announced
18 by Carl B. Squlrer, Vice-President.
Four
airplanes totaling $4,000,000 were ordered by Royal Dutch Air-:
.Hues (KLM> and Eastern Airlines, Inc.
Mr. (Bquirer revealed the KLM order for. two Constellations for the'
trans-Atlantic service they have beed operating., lor two years, was
time.
has
-
given
no
indication of
•
,
.
.
.
disposing
of
his
interests
at
.
;
revenues——
$1,267,662
$1,229,109 $15,011,674 $13:028,375,
Operating expenses
714.013
Federal faxes.
134,029 /
Other taxes
this
1
.
Operating
Prop, retire,
,
677,269 / 8,699,390
'174.110
1,635,799
^107,011
res.
">
approp.
85,058
95,417
1,099,585
1,021,668
89,000
;
/ No 'immediate
plans for liquidation of the timber are completed at
this time.
'■ I
Acquisition of the tract places M and M Wood* "Working Co., amoing
the
,
operating
V, „uVr,il
'
^ The
7
2580.
Lockheed Aircraft Corp.—Receives
011
16,853,430
■
~
one-of the largest private timber deals in recent
involving approximately$4,000,009And 430,572,000,feet of timber:
in Linn County, Oregon, was Jointly announced on June 19 by Herbert
Malar key* President of this company and Thomas. Autzen,. President >
Avery
1947.—V.
V
?
$408,110
/Operating revenues
-$9,074,513
Operating expenses. 7,538,178
Operating taxes —
$61,472
years
12,523,7^7
511,232,
;
reserve
..im." m ■-
,
747,170
income—4,902,320
—
•:
Uncollectible ioper.
^ Consummation of
2,537
Canada
inventory price declines and other
'
yrcontingencies "i.——■
Common stock (no parT--^-—15,399,544
Earned
surplus..
——
23.583,469
♦After
'
-
upon
I,"
.
been
M and M Wood Working
13,863,085
taxes
Keserve for
Total
1,497,792
,,, ■,
,
other
income—,
Provision
i, n,
other species situated
———1,841,119
Common stock dividend payable June 1.....—;
605,948
for
n
; **Dfeflc»it,
Corp.—New Executive Elected—
-
con-
'
Provision
$1,594,759 $19,924,091 $18,236,579
1,364,817
]
_■
operating income
tAccruale —-
and
V 465,000
J
dfcprec.
-
Advertising iand Public Relations
profit after chgs. & Fed. taxes
$229,277
Capital shares outstanding,——-"—
v
450,000 '
Earnings "per share—t,-—U———'
$0,51'
$4,381r151.
2,499,925,
'
incl.
.
.
r. r
/
Net
,
liabilities———,.
collections
$1,589,481
Corp.-—New Advertising & Public"
'(& Subs.)—EarningsQuarter Ended March 31—
1943
^
$51,615,065 $43,720;697
LIABILITIES—
'
Lynch Corp.
'■■'v:-.
1947
•'
Net
1 $1,560,284
—-
-
:
Carter has
Of sales.—V,
'
Accounts
.
$0.60;
.
.
Electric output of this company for ther
of
CONSOLIDATED BALANCE 'SHEET, MARCH 31
Other
Oper. exps.
V,'
$1,772,927
y--i.il
I
$476,956
'
Cash
...
,
<
'
i
(& Subs.)—Earnings
19474-12 Mos.—>1946
v
4947-^-Month—1<$6
»
——
—
tOf
ASSETS—
mil
$146,84lv$l,916,816 ;$1,946,013
356,532
", 356,532
;
2469.
p.
Luscombe Airplane
prior years' income and excess profits taxes Resulting
Irem carry-back of operating loss and unused excess, profits credit.
t
\
i;;
.i
announced on June 16. Mr. Carter
was formerly Manager of Sales -Promotion.
;
1
: Prior to Joining Luscombe in
1947, Mr.. Carter edited the Aviation
Market Newsletter in Dallas^—V.. 165, p, 2004.
-
V 806,930 '710,952'
807,930
stock—
com.
♦Loss.
stock..
—1
—
167,
SJrdftey
,.
com.
$2,511,534
565,521
545,169
V
Manager, L. H. P. Klotz, President,
.
*
194,500
,
$142,850
-
Relations Manager*—'
14,395,811'
213,609
--
950,000
Income—$2,349,709
No. she. -of
Ter
.
1,498,200
Profit
Net
,
taxes
come
17,534,040
243,672
;
$3.43'
___
'
_—L._
Total
Cost of'sales, felling
admin, exps.," etc
?
I
111
week ended June 19, 1948, •:
totaled 44.971,000 kwh., as compared With 33.135,000 kwh. for the J
corresponding week last year, an increase of 35.7%—V.167? p. , 2683.
:
-
Feri'ocf End. >Dec: 314-
Gross earnings
Louisville Gas & Electric Co. (Ky.)—Weekly Output—
*.
$9,947,116 $17,638,668
29,510
39,109
.--
49,205
,
applicable to pfd. $tk. for the period
V Balance
—V,
846
14,000
(net)
v^
$2,213$37 !
•
,'645,000 .«
f
.
Mexican Light & Power Co. Ltd.
Br2,Hl
'
1945
,
'
—$25,872,660 $20,216,327
income
income
Dividends
'
'1946
Net sales discounts and
Other
18
11,714
39
1,459
inet)
"other deducs.'
Net
Link-Belt Co. (& Subs.) —Earnings—
3 Mos. Ended Mar. 31—
$2,425,739
* ^645.000
—K-~-. $3.76
Net
.
652.
167, P. 254.
.
$5,682,000
3,137,939
$1.69
—
,
-
Br64
inpome
JhVj&
ENDED MARCH 31, 1948;
.....
:
•
outstanding_iiL-_i^_"—i_—/—-i
Capital ^shares
Larnmgs 'per-"share^^—
-
$2,464,440
82,450,253
$190,457
$215,068
operating revs.—
pit. leased
,1
Net income after
256,958
256,958
21,413
21,413
rl,$86,743 -1,356,868
profit I.
Net
pit.
adjusts.
dthers
"to
Liggett & Myers Tobacco Co. <& Sub.)—Earnings— V)
ESTIMATED EARNINGS FOR THE, QUARTER
.
*
,
-'■■■■ y:,.y.. /'vyy:-;.; v;y
A':
utility
Income iaxes
;
1.155,080
1,120,333
87,000
104,583
approp
of
Income from
$529,955
700,280$0.76
$543,870
700,280
$0.78
——
—
re-
>364,369
■
Net
Net
Capital shares outstanding—...
——
deprec. &
Property
(& Subs. ^Earnings-
Life Savers Corp.
leaders
in
wholly
owned ar
controlled
timber
resources
in
feet of timber situated in Oregon,
and Northern California. Of this total, approxi-,
mately 1,430,000,000 feet is located -in Oregon With principal holdings /
situated in Linn and Lane ^Counties.
The
operating
revs-i
«
$217,192
Gross
Ipt.
income
_•
$217,247
...
M. and
M
Wood
Working
Company
operates
three -plywood'
plants in Longview, Washington, Portland, Oregon, and Albany/ Oregon,
v
.
and other deducts-
Net
income
r;
84,955
Dividends
applic., to pfd. stock for
:
'
"
*"
905,653
»
892,000
,
$203,672
$2,555,232
5,404
879^
$203,714
$2,560,636
$2,305,441 "
,
$132,292
^
1,371,453
42
V
55
—
84,587
839,131
$119,127
$1,721,505
approximately 2,860,000,000
Southern Washington
f
Net
the /
Northwest,. Mr. Malarkey stated.
Specifically,/ the company jowns.
outright or controls through associated -interests and cutting 'Con- tracts,
.
.Other income
7(554,707
vthf period-
;
266j858
$1-454'M9
$2,304,562
718,571
$1(586;870m
266,856
Sl'320'°u/
Volume
'■
Missouri-Kansas-Texas RR.—To Order Locomotives—
v
additional
two
horsepower
4,000
ASSETS—
placed
service by
m
mid-summer of
next year.
Dec.
/and two
Diesels, and
the
-17,418,138
11,633,284
expenses _/—r__I—
326,026
accts. receiv. & sundry" invests.'less res.I" * "251,577
317,120
•;* of all of the
'Misc.
Totals
*This
opportunity
..■issued ,by
U
the .railroad'. In
recent
"
years.
transportation,
banking.—V.
and
finance
taxes;
power,
167,
p.
-4a/4-%-
Paid-in
surplus
sales
1048
1947
.
Profit before income taxes.
172,818
■
"Income "taxes
•3-year secured
^ 1947
119,100
82,002
.
V 72,587
;
depreciation
for
reserve
The *plan
167,
period
during -a
obligations
these
three
years.
100,000
shares
of
for
consisting
by warrants
of Musicraft
three years,
aggregating
new capital
accompanied
(25c pari
period of
<and
$79,500 of unsecured
advances.
These obligations,
$251,650, were to be exchanged for 20,000 shares of the
$172,150
.to
unsecured
3-year
(47c),
notes
purchase-86,075 shares of-common stock
Recording Corp. at $2 per share during a
1
-stock
$1).
(par
capitalization
outstanding
Musicraft Recording Corp. at
of 50c cumulative convertible
of
9,000,000
9,000,000
•preferred stock, 20,766 shares of $1.25 cumulative convertible preferred
•stock- and ;8,634 shares iof
$1 convertible preferred stock.
All of
this preferred stock had a preference in liquidation of $834,630.
In
addition, there were outstanding 1,196,495 shares of common stock
(par 25c).
.
v
.Under
the
plan the preferred stockholders were to* receive on©
The
1,922,000
1,922,000
.1,750,391
1,750,391
25,108,745
20,791,191
in
liability for- merchandise
>y\-.
2581.
p.
share
per
exchange
capital stock'of the corporation (par $1).
were
other obligations
in the sum of $251,650,
There
of
to
proposed
new
■that
_i.
$10,823,262 1n-"l946;*( -flncludmg
and
the
$1
841,878
amortization-of $11,814,141
and
1 accompanied Jay - option. warrants to pur¬
the then common stock ($25 par) of Musicraft
-
at
2,000,000
—
-a
Corp.
819,685
shareU-^—
„
transit.—V.
in
791,146
5,106,840
5,364,450
notes-
chase 400,000-shares of
$52,095,665 $47,168,804
♦After
313,420
,
65,671
.
,
2,000,000
Total
i
$2,318,045
$1,665,956
____
2,317,083
820,907
.
£hare)_>
per.
:
surplus
Monarch Machine Tool Co.~ -Earnings—
Quarter Ended March 31—
,
...2,55.3,952
,
7
u—*—--,5.:
par value- $100
(par value $1 per
stock
-Common
2470.
106,879
(-non-current)-^
contingencies—
pfd.'stock
••Earned
Net
instalment notes
and
•Mtges.
(Reserve vfor
•
$2,016,961
451,848
„
...
tAcerued taxes,.other than Federal income~__—Provision for Federal income tax__;
Libert y i luctrated with photographs from the territory, the booklet"
covers the land,
climate, people, manufacturing, agriculture, lives'" k.
J
-
on (June
11/ Entitled!i "South west-/the
Giant," the brochure is the second of- this type survey V tMtge.& instalm't notes payable within-one year
New .Industrial
■:
-
»
Employees'icompen, and other exps. accrued—
-
and
.669,120
.106,879
.$1,997,534
-I-—
collected
or
preferred -stock_,i
on
of
this subsidiary is in-the formative stage of activities.
CONSOLIDATION, ETC.—On March 19, 1947, a plan of consolida¬
-recapitalization and financing for the then parent corporation,
Recording Corp., and its subsidiary, Musicraft Records Inc.,
•was
submitted to the stockholders for approval.
On completion of
,the plan of
consolidation, Musicraft Records Inc. emerged as the
parent
corporation.
At the
time there
were
outstanding $250,000
-of
/•».
-
subsidiary, was organized in New York Jan. 14^
conducting a music publishing business. 'At
a
purpose
(Musicraft
3691226
$§2,095,665 $47,168,804
.
withheld
•(Dividend
President,' announced
Fraser,
f
'
week distributed 16-page brochures covering indevelopment in the Southwest, Donald V,
company last
//dustrial
—
^Accounts ipayable Z
Taxes
'ill 'V *:
•
LIABILITIES—
' /
//'
•■://
.
:
7
I-
Recording
Diesels will
the delivery
"
;•
locomotives completed during 1949.-
new
Issues Booklet—;
■/'-
W
the
for
present,time
tion
,
3,673,112
Prepaid
Electromotive Division of General
Diesel freight locomotives,
.and four 3,000 horsepower locomotives. The first of the new
be received in November of this year, Mr- Morfa said, wfth
$9,736,245
166,713
Motors Corp. will build four 4.500 horsepower
"
the
1946
1947
interest:
j—r-
Other
3,000
passenger
rl948
.Mdse..inventories, at the lower pf cost or mkt: 715,968,887
^'Property,and equipment_____
^13,850,721
said.
•
'! ••:.• \
rearranged order the
American Locomotive Co., will
horsepower Diesel freight locomotives for the Katy,
the
nine
\
Emcee Music Inc.;
1
7,528,070
166,713
.
Mr. Morfa
30,
Under
build
*'
'
notes
Tax
The two now passenger Diesels were ordered as a result of a .re¬
arrangement of an order for freight Diesels placed by the Katy last
v*
C
*k
,;
securities, at cost & accr.
*
/
./
Govt,
S.
Mack
.
deposits in banks and cash on band_L $17,858,629
Demand
>U.
*
BALANCE SHEET, DEC. 31
Realty Co,;' wholly-owned subsidiary]
(2791)
CONSOLIDATED
"(.Including
Diesel
passenge.r
/ locomotives has been approved by the directors, R. J. Morfa, Chairman
; of
the board, announced on June 14. The new locomotives will.be
for
.An ,order
t
'
*
,
■
CHRONICLE
FINANCIAL
COMMERCIAL &
THE
Number 4711
167
of
consisted
time
-shares
9,963
.
,share .of new capital stock and a warrant for one additional share
in
exchange for each $12750 liquidation preference of the preferred
stock.
I
The
wan-ant
to
was
purchase
the
cover
share
of .one
of
new
capital stock at $2.50 "for a period of two months ending July 28, 1948.
entailed
the -issuance
by the corporation of 66,770 shares of
This
'Net /profit
•
Capital
/
$107;147
••210.000
$0.51
$0.92
outstanding.,..
sharel__^__—_
per
1473.
p.
210,000
.
Monroe Auto Equipment Co.
-
*
sales
before Federal income taxes
Profit
$200,000 second
(with detached warrants).
281,270
'$417,"670 *'''-$649,524
383.937
383.937
___
$0.92
Richard J.-Buck •& Co. \
and
$1.50
f.;
167, p. 944.
Corp.,
.(,1)
1948—12 Mos.—1947
Operating expenses
'
'
Federal
,
Other
taxes
/
-
322,399
taxes
„
5,605,432 \
3,683,354
2,250,988
3,424,294
803,592
125,000
125,00.0
;
1,500,000
investments
to
*3,861
tjii
adjustments—
13,113
Net oper;
revenues-
Other income
(net)——
Gross' income
Int. and
$775,389
f- 'ZhZ-Z
$8,029,758
"2,192
"4.662
82,552
$593,412
$8;092,310
97,238
1,110,37.9
.176,947
•••»
?
Any
957,534
:
*-v;
1
"
$4,996,958
loans.;.
from
.
bev;issued
-Earnings—
!
'
'capital
.
.
'
1947
1948
1
of
t-;.
$3,403,564
$2,147,424
1 524.412
732 730
j-H
'
$2.23
at
of
warrants
for
each
within
time
holder
the
Co., New York,
on
Motor Products Corp
Period Ended Mar. 31—
8-year 3%
an
The
note.
10
of
'-i
Capital
$3,875,967
1,492,900
780.7QO
$520,359
$2,383,067
Mount
$1;168.196
390.254
390.254
$2.36
$1.33
390.254
Other
'
■>"
$6.11
stock,
to
approving
the stockholders
on
Other
$2.99
four-for*ope
June
15
voted to
split-up of
admin,
reduce
shares to 2,500
the
Shares.--V.
'• »!1948—Month—19471
revenues
Uncollectible
oper.
$5,928,723
22,035
rev.
w
thereof, •
OF
gen. >
1
loss
/
'
*
516,011
-u,
.(
■:
Z 21,176
$010,052' Z
COMPANY, -AND
j
167,? p; 2689.
York., fls
<
the
$62,611
11,443
16,931
$18,078,2^3
49,784
Inc.
does
but
)
$74,054
not
include
,1937,
.10,
BUSINESS—Company was incorporated in New
cf a consolidation on May 20, 1347, between
Corp.,
incorporated in New York March 30,
outgrowth
Recording
.under
the
which
Inc.,
1942, .under the
Jeffjrson-Travis
of
.name
;Musicraft. Records
1948—4 Mos.—1947 "
$3,342,81-1 $23,223,787
- 7,905
99,967
Records
Guild
of
name
Radio
incorporated
was
Mfg.
in
New
Corp.
and
York
Aug.
of Musicraft Corp. *
At .the- present, time the corporation operates through ^Itself as
parent corporation and through its wholly-owned subsidiaries, namely,
.Musicraft
Manufacturing* Co.
of
New
York, Inc., Musicraft
Distributors
Inc.
and
Olympic Record Corp. * Since June
1,
1947
the
,affairs-.of the corporation,- in the main, have been diiected by it's
.president,. Jack W. :.Meyerson.
;
." • >;
'-- "V'
; ; (The^business- of;'Musicraft Records Inc. consists of the recording
.and
sale
of
phonograph
records. r The
corporation .was originally
j organized solely.,for the purpose of recording certain types of chamber
.music,^,It later, expanded -into the - fields .of classical and" serai,
j
Operating
Operating
•<
expenses
-Operating taxes
^
"
'
Net
Net
167,
-
656,364
245,195
$538,788
charges
p.
$3,334,906 $23,123,820 $18,028,439
3,150,125 -18,379,343
15,253,005
4,711,536
—
—1-—
operating income '/
after
—V.
*
$5,906,688
revenues—
>
390,977
2259.1
.
*•/..
$2,156,283
1,513,645
1,738.008
$1,037,42*6
.
,
jClassical
«L C,) Murphy
Report-^,
:
.
CONSOLIDATED
INCOME
ACCOUNT
•
FOR
CALENDAR
YEARS
has
.exclusive
.
wholly-owned subsidiary]
a
'
•V;
1947
'
1946
"
,
.' Bales
.119,358,580 110,327,508
"tCost' of goods sold
Prov.
T
for
deprec.
Employees'
and oper.
retirem't
exps.
amortization
and
plan
103,823,769
993,389
contrib.
95,569,675
95,905,410
82,276,792
897,994
859 505
400.000
400,000
and
time
284,630
the exercise
corporation
secured by assignments' of
receivable in the sum of $113,990 were
these loans as at March 31, ,1948.
As" of
Accounts
for
thexse
loans
have
assigned
as
454,630
the
shares for
of New York are evidenced
the
of
receivable
NOTE—Of
100,000
'/■/"':."/
Increased
heen
to
against
$107,731
security in the sum of $214,736,
securities being registered are sold.
gAmount-to be outstanding if all
shares
stock
capital
of
registered,
being
284,630
shares are reserved for issuance when,
as and
if stock
purchase warrants issued and to be issued by the corporation are
"exercised ' by the holders thereof, 110,000 shares are reserved for
issuance
when,
as
and if the first lien bonds are converted into
^capital stock and 60,000 shares are reserved for issuance when and
as
certain loans having
conversion features shall be converted into
The
the
of
110,000
first
shares.
capital
"version
lien
shares
bonds
reserved
represent
for
the
issuance
maximum
conissuable
upon
so
also registered such additional inde¬
terminable number of shares of capital stock and scrip certificates
.for fractions of a share of capital stock as may be required to cover
at
the
There
date.
present
/ possible
are
rate.
adjustments of-the conversion
•
WARRANTS—Under
PURCHASE
STOCK
•
the plan
-
of consolidation,
19, 1947, which became
'effective May 28, 1947, the holder of each share of the 50c cumula¬
tive convertible preferred stock, $1.25 cumulative convertible preferred
'stock, and $1 convertib'e preferred stock, received one share of new
"capital stock and a warrant for one additional share in exchang©
lor
each $12.50 liquidation
preference of the preferred stock.
Ia
addition, holders of the old common stock received one share of new
•capital stock and a warrant for one additional share in exchange for
'each 25 shares of the old common stock. Under this plan the company
.issued 114.630 stock purchase warrants, which entitled the holders
/thereof to purchase one new share of capital stock at $2.50 per shar©
'at any time-within a two-months' period
commencing May 28, 1948.
In addition, Jack W. Meyerson is to
receive warrants to purchase
.20,000 shares of capital stock pursuant to his contract of employment.
William A. Shea is to receive warrants to purchase 10,000 shares of
by
the
stockholders
March
and, subject to the approval of the
corporation is authorized to issue to persons
employed, warrants to purchase 20,000 shares•of
its
capital stock.
These warrants are transferable warrants In
.bearer -form and entitle the holders thereof to purchase one share
.of.new capital stock for each warrant at $2.50 per share at any time
.during the threeryear period commencing May 28, 1947.
- - ;
If
thre underwriters
carry out
their commitment the underwriters
shall
each be
entitled
to purchase
10,000 stock purchase warrants
stock
./capital
.board
of
the
stock
capital
'.May 1,
/
holders
the
-entitling
the
be
to
or
corporation
the
of
directors,
.employed
began
375,000
and
the
has -extensive
corporation
-records..
catalogs
of
classical
of
shares of
thereof to purchase a like number of
the corporation at $2 per share on
before
or
purchase warrant.—V. 165, p. 1730W
1958 at 5c for;each stock
..
Musicraft
Manufacturing
Nash-Kelvinator Corp. (&
•
children's
-
"
•
,
.
Ycrk, Inc., a subsidiary, was
.organized in New York on Sept. 20, 1945.
The business is'the manu¬
facture and pressing of records for the corporation.
This is carried
\on>in its plant at Ossining, N. Y.,-which is a fully integrated, modern
record-manufacturing plant. The plant has a productive capacity of
approximately ,16,000 records per day on a one shift basis.
Olympic Record Corp.,,a subsidiary, ,-was incorporated in California
.March 30, -1945; <In the past it has-manufactuied and pressed records
,for the 'Corporation^ mainly lor-its West Coast sales.
It operates
Ifrom a fully integrated plant located in Los Angeles, Calif., which is
practically a duplicate of the Ossining plant.
At the present time,
.
7.
addition,
!records
^
1945
*
corporation
at the present
popular artists.
the-certain
with
the
1944
field,
popular
the
in
.contracts
t200.000
t80,137
.
In
>'vi-.'.Uncluding Mack.Realty Co.,
of
the -early part
records. - In
"increasing its efforts
-
'
.
r
..
561,333
=
•
.
~
.
2,588,194
$60,414
169,953
notes
1948
5,
accounts-
24,236
$334,553
$351,485
$385,060 *$1,009,-720
operations
/
security
as
etc.,, approved
/f
160,795 /■/. 99,668
loss
May
~
48,203
*$86-,897
-
of such bonds.
Marine Midland Trust Co.
receivable.
accounts
.
161,342
59,641
$224,264
,
*$336,729/:
.*$969,693
_:/:•/
274,006
635,908
'
'*
I' 968,063
-
*$267,442:
■
deductions
demand
.by
«'
.
1,192,200
"
>
corporation will reserve
warrants.-
ILoans of the
(assigned
^
6 Mos. End. 4 Mos. End.
Year End.
43,177
1
The
such
of
of
OPERATIONS,
;
' 200,000
accompanied by stock purchase warrants, each war¬
to be exercisable at any time during the life of
the bonds j on
basis of one sh?,re of capital stock for $2, payable in cash or
-bonds.
basis
date' of Issuance,. In lieu' of
tender second lien bonds, which
may
437,145
and
shares for the conversion
the
10 Mos. End.
;
'
.'•■Includes,
common
authorized 77p
Mountain States Telephone JSt Telegraph Co.—Earns.
Period End. April 30—
Operating
rant
.the
Each warrant will entitle
capital -stock at $2 per Share
of
from
and wholly-ow^ied subsidiaries)
income
Musicraft
*
the
.
•(Bonds will be
will
shares
on
,'gairi on's^tte, of rixeci assets of Guild Records Inc. in the .amount of
■$3^,131., [
i.'
V.."
-"'.r' 'I*- " '»
the
v
I,'.
there
bond
issued
-
g
preferred stock from 80,000
lien
to -subscribe-.to
will-be
war-
shares of capital stock on the basis of $2.50 per
during the life of the bonds.
Corporation; will
time
110,000
SOutstanding
809,260 Sbs,
*$275,000
-■
—284,630
warrants-,.
into
any
$222,199
•
FINANCING
PRESENT
$275,000
1958
,.
I
31, '48 May 31, '47 May 31, '46 Nov. 30, '45
$735,714
$1,190,570
$460,521 - ..$235,312
V.; Balance
390.254
'
"
Vernon-Woodbjerry Mills, Inc.-rTRed.uces Stock
addition
the
on
Mar.
Net
In
stock
at
received
of
loans—1,
bank
purchase
reserve
due
5Vis
(with detached
6s
and
Authorized
825,000 shs.
$1)
due 1958
"^Convertible
share
on
GIVING EFFECT TO
convertible
coll.
lien
Stock
bonds;
share
OF RESULTS
of 'sales—
Gross profit
.
outstdg._
.
'
expenses'
$1,948,396
379,300
$922,397
shares
-
warrant
a
.
1948—9 Mos.—1947
$899,659
565,500
-Earnings per share——4
V. 166, p. 1686.
a
second
holder
These
$100' of
years
'"/Net sales
.'Sales,
19-8—3 Mas.—1947
'
Period—
-Earnings—
$1,487,897
Net -profit
•
capital
of
(Musicraft-Rocords Inc.,'formeriy'Musicraft Corp.,.,
J.,,\
T
Cost
-
28,
May
f*
will br accepted &t ihe ^principal amount
has borrowed $3,000,000 from Mutual Life In¬
Profit before. Fed. taxes
Federal income taxes—
each
the
corporation.
the
holder -to .subscribe; to
any
cash,
$2.92
warrants -entitling
stock
50
the
•
L
—
^ proceeds were added to working capital.-—V. 167, p. 2580.
.
of
,
WARRANTS—With
DETACHED
STATEMENT
-
issuance
the
coll.
lien
rants
vV/rvi/
■
.
/JJ
-Motor .Einance-Cjorp..—«• Places Loan' Privately—The
company
Felt
M.
be
financing the
claims
with
the aforesaid terms.
May 28, 1947.
/
stofck " (par
Additional
and oper¬
stock purchase warrants issued- or to be issued will be
operating expenses, general corporate.purposes and*working
/capital..
4
Earnings per Common share
V.166, p. 2312.
surance
Irving
shares
47,859
years on
effective
.
1st
creditors
other
two
for
became
,
'Capital
the
15, 1947,
purposes
of
for
plan
w
loan 'Of
$50,000
realized
moneys
-exercise
i
*
'
Quarter Ended March;3L—/./I
Net profit after charges and taxes
Common shares outstanding
$
.
-
^
Moore-McCormack Lines, Inc.
"
the
corporation's .outstanding
'$5,954,492
957,534
2689.
p.
.■/
•
1,441,479
$6,024,297.
167,
and
expenses,
This
claims
.CAPITALIZATION
'I947,.'are being converted into, capital stock, op -the basis of $2.50
share, Ihe agreement of Richard J. Buck, and-Co. to convert its
■loan being contingent upon the completion of this financing.
The
.conversion of these loans will result in a reduction of $150,000 in the
:used
^
•
$6,981,931
]
Balance
—V.
ating
-
.
and
trade
of
said
defer
to
(per
;
CB90;634 v : d$405;184
idends applic.. to .pfd. stock for the period-
«
k
used for general corporate
were
contents
the
2nd
r
purposes.
proceeds of which
$7,400,971
r
excess
Tne $100,000 loan of Richard J. Buck & Co. of Aug.
.(■;
.52,027
.
Any
$196,411.
amount of money
,
deferred./ creditors' claims
proceeds will be used .for general
settle
corporation;vvto
■ ■
.
income
Net
corporate
to
advanced that
who
directors
and
the
of
amounting
$7,348,944
$777,581
_______
other deducts./'V
$588,750
-.behalf
additional
an
be -held in reserve'by the corporation to cover
purchase warrants in connection therewith.,
stock
plan of consolidation;; recapitalization and
procured term .loans aggregating $250,000
this
corporation
to settle the claims of the Internal Revenue
(3)
and
stock
common
to
addition, 120,000 shares of the new capital stock were to
privately for investment at $2.50 per share.
plan further provided for the procuring of term loans in
Under;
Trust
certain
officers
certain
Ion
Amortiz. of utility plant
acquis,
and
Midland
Marine
loans, of
deferred creditors.
In regard to the latter
i claim
the sum of $42,5U0 will be ; pa id to the Internal Revenue Der
partment In full- settlement, of back excise taxes plus-interest and
Ipenaltjes. amounting tp ;$154,837 and the sum of $49,848 will be paid
:
' 3,861"
.
interim
$40,000
repay
i
and
//Department
1,500,000
.'-'VI.
to
<2t.
old
the
of
the
amount of $250,000 and the deferment of certain claims of creditors
for a' period of two years bearing interest at 5%
to be paid on. a
current basis as profits permit and in the discretion of management.
net
of New York,
,Co.
5,3S6,07>1
389,800
159,979
» r
199,434
Property retirement and
depletion res. approp,
Amort, of limited-term
.
435,732
455,380
'
for-each 25 shares of their tholdings.
in exchange
The
at,,, approximately
to. repay
'.York,
•
$1,699^261 $21,086,506 $19,459,875
In
•:
;sold
t; ,...i ;///.
amount
wi.l
"..estimated
1948—Month—1947
revenues..^$1,877,602
.'
,,
the
of
capital' stock
the-exercise
proceeds.4,0 be .realized from the sale of .the
to-approximately-$417,594 after deducting expenses
$32,406.'y.These proceeds will be used
;the $200,000 loan of Marine Midland Trust Co, of New:.
PURPOSE—The
bonds
of
a
the $275,000 'first .lien 6s -being sold. 'i
upon
'
,
as
holders
+ZZ'-;y;-
"v':^,r'
'*
stockholder, has agreed to subscribe for at 'the
^subscription price, such portion of the second Hen 6s as are not
"purchased by . other shareholders. '<• This subscription ( is
contingent
Montana Power Co.—Earnings—
Period End. Apr. 30—
additional-share
one
York &'Co.,
5 Vis are Warren W.
lien
underwriters for the first
Tne
-398,095
Atlas
Net profit J./
* Common
shares outstanding
:■Earnings ;per ; common :Shate-^L»-,
Operaing
The subscription price was par and interest,
1947
■
1
,
.
collateral
lien
and
(1958
.Inc.
-v.
preferred stock and an.
old
■
.Federal income taxes
•
of- the
holders
// "'. Rights expired noon (EDT) June 5 and payment was payable at Marine
This
warrant also was exercisable during
a
2-month period ending
^Midland Trust Gp.,) New York. The-securities were offered as a specu$9,426,949^ $11,999',842
"July 28; 1948, at a price of $2:50 per -share. This entailed the issuance
: lation...
/" *1
y'-J-Z
/''■/■•/•/■' by the corporation of 47,859 shares of new .capital stock to the
698,940
.1,047,619
1948
*
*
the
to
right to subscribe
in
connectipn therewith.
*
"•
.
convertible bond^ due May;. !, ;•
The
holders of the -outstanding common
shares were, under the
6 % bonds due May 1, 1958
;plan,; to receive one share of new oapital stock and a warrant for
n>for $275,000 first lien (collateral :D-M» %
(& Subs.)- -Earnings—):;;
-—
" Net
stock
66,770 shares of capital, stock to be held in reserve by
corporation to'cover the exercise-of the stock purchase warrants
the
-Stockholders of record April 1, 1948 were given the
•
•
capital
new
additional
Right to Subscribe to Bonds Underwritten— /,
en
'•
"-/'V/ !
,
9 Months,Ended March 31—-
i
-
Musicraft Records, Inc., New York—Stockholders Giv¬
$194,320
•_
'
shares
Earnings
V. 167,
of
Co.
New
Net
profit after charges
-
taxes
$4,751,848
outstdg.
share
4,341,110
income
Fed.
&
shares
'Capital
^Earnings
per
Subs.)—Earnings-
1948—3 Mos.—1947
Period End. Mar. 31—
$1.09
1948—6 Mos.—1947
*
$4,322,508 $10,392,823
$8,422,548
4,341,110
,
$2.39
4,341,110
$1.94
4,341,110
$0.99
•
.
Interest
paid
or
accrued^
Balance
Other
I
Income
14,100,465
Federal
Btate
excess
income
13,423,579
182,667 " "
_
14,283,132
Prov. for Fed. normal tax & surtax
.
36,260 I
;
'
32,017
12,362,096
;
(net)__
_—1
Total ;
_/
-40,957 '
profits
taxes_-„
5,320,700
.Vfl, ■'
tax
i
(
* 126,519
246,646 "
13,670,225
"12,488,615
('5,054,000 1: 1,627,000
'
6,950,000
______
373,349
372,300
;
,i(
^in
plant
348,000
Provision
for contingencies.,—14,
Income
transferred
to
surplus...
..Dividends paid or-declared:
e
'
On
^
k
common
/
.
* Based
and
cn
>
C8,589,083
2 8,243,925 %
162,000
York
share
3,844,013
-$4.25
expenses.
.
-
3,844,004
427,516
,-,1,681,750
.
Uirom
-
in
operation.
Distributors
the
22,
1946.
•
Records
1944.
' Its
sole
records
main
•
Inc.,
Prior
>■.•-/*
Inc.,
corporation's
10; N. Y.
Guila
Nov.
"
„
ilncluding^general
15,
corporation's
'
$4;07;.r, ".,. $1.55
^
Feb."
the
York
427,516
1,922,000 shares presently outstanding.
administiative
;3A01,615
....
427,516
1.
stocks
common
■
.
.
preferred stock
i*Earnlngs( per,
^
On
43/4%
of economy, and because its productive capacity is
meet the demand for the corporation's" records, the
'
1.
-.of
r
is-not
Musicraft
-
to
the -interest
^not required
-
a
to
v.
.
a
subsidiary,
function
in- the
offices
is
was
245
East
-
in
New
exclusive "-distribution
the
metropolitan
at
organized
area.
23rd
It (operates
Street, Netv
-
subsidiary,' was organized in '-Connecticut
Feb. 26. 1947, this subsidiary manufactured
and pressed .records for the corporation., ip a plant, located in South
Norwalk,". Conn*. ( On Feb. 26, 1947 this plant was sold, so that at
tne present t.me this subsidiary is wholly inactive.
'
Obituary—
...
.
Chairman of the hoard, di^d on June 6
the age of 84.—V. 167, p. 1473.
Charles W. Nash,
I
Calif.,
'Hills,
at
National Biscuit Co.—Installs
New System—
industry's largest automatic packaging
'been installed in this company's flour mill at Toledo, O.,
The
•
in Beverly
flour, milling
Paper Co., it was announced on June 17.
The
new
svstem consists of
a battery of four
system has
by the St.
Regis
■
St. Regis'
402-PS
4
machines and is capable of dropping 24 bags—of
-100 pounds each—per <minute
on a single conveyor belt. This belt
carries the bags of flour direct
to the railroad car on a siding ad¬
valve
bag
filling
jacent-to "the mill.'
/
The
and
'
a
milling
utilization
the
"
'
wheat storage capacity of 6,400,000 bushels
of 18,000 bags of flour -per day. Through
of the St. Regis' packers and multiwall paper valve bags,
outDut of the mill could be packaged in
12 to 14 hours.
Toledo,
entire
*
mill has
capacity
a
•Sg
THE
(2792)
■
before
-Profit
income
Federal
income
Federal
taxes-
Operating
■Net
profit
$4,751,494
Uncollectible
oper.
6,289,448
$0.69
$1.01
outstanding-!—,^—
—.
Net profit after charges & Federal
taxes
income
■
j
..
$20,872,466 $22,595,904
———.
•Based on 6,289,443 common
—V.
$1.56
Other
Edgar T. Olson has joined this
expanded research and development program.
He has been
engaged for 30 years in design, construction, operation and research
development work, particularly in the chemical field.
Since 1941, Mr. Olson has been with Sanderson & Porter, acting as
chemical engineer for the Chemical Warfare Plant, Pine Bluff Arsenal,
'.-and more recently as technical and general consultant In the firm s
New York office,—V. 167, p. 2581.
taxes
—
$310,507
88,490
11,690
25,419
$4,196,888
1,053,904
234,284
$3,841,760
1,061,875
249,369
$196,598
Dividends applicable to pfd. stock for the period
$2,908,700
369,548
$2,530,516
369,548
income
income
12,198
and deducts.
int.
income
$326,755
—
Prov,
deductions
'
■
for depreciation and depletion
'Interest on 5%
^Provision
New York Chicago & St. Louis
Gross
income
i——
•fWl®
U.
income
taxes
33,712
Other
,31,910
income debenturestaxes——.
———;
,
S,
tax
income—
•
'
1
Net
.
per
share
!
a
$After taxes, all charges and
3,048,434
$0.80
,
.
p.
.1154.
•
-
The
,
shares outstanding
rEamings per common share—
.^V. 165, p, 2l4.:-'- -::,;
•.r.Z:
?C<Hnmon
—
Net sales to customers
—-
&
Trust
for
agent
1946
1
Co.,
the
Operating
Operating
Operating
$2,930,299
Pr$25,927
Net
126,956
86,475
Other
$2,245,035
207,113
$3,057,256
156,231
$60{547
129,790
Consolidated income ——li>$2,037,922
for Fed,, State*and foreign-'
taxes on income—
800,000
(Est, credit resulting from "carry'■
hack" provisions of Fed. tax laws
'
$2,901,024
Cr$69,243
;
;•
r———
$1.07
-
/.
.
dividend
requirements
of
revenues
Net
oper.
)■
expenses
oper.
ry.
1948—Month—>1947
tax
$2,445,484
1,821,424
revs.™
accruals
Ry. oper. income
Equipt. rents (net Cr)_
Agent—
Jt. facil.
rents
Consolidated net income—
surplus
___
-
1,130,000
10,226,705
315,261
operating income
(net)„^>
Total income
Net
.
.
: .v;,
Int.
rTotal surplus
$1,771,025
15,856,991
.9,934,008
Redactions
;
•
$
.
funded
on
Balance
$5,109,776
$7,378,546
870,392
4,078,718
3,370,721
15,577
61,638
60,616
$1,579,764
145,111
$1,803,755
153,900
$9,126,805 $10,688,652
$1,957,655
358,616
—
V
10,541,966, 11,571,580
1,882,952 } ■.
966,622
38,458,921
v
161,114
170,912
$1,786,743
$9,084,972 $10,596,778
102,114
91,465
200,000
379,762
666,667
345,850
166,667
$1,294,980
-.1.1
of
income
$1,495,278
$8,038,543
$9,850,928
$9,113,441
■
5,946,753
.
1947
$359,054
♦Loss,
fBefore profit on bonds purchased.—V. 166, p. 1687.
/
North American Co.—To Sell Remainder of Wisconsin
279,537
before
Federal
notes and accounts receivable
(after re-
y*
•4'O°0'000J land,
Payable-
66,543,154; accrued taxes, wages,
reserve for replacement of "last-in. first-out"
reserve
for Federal,
2*6? am0SnCd
$4,236,508r23/;% debenlures
„™serves for insurance*. $632,644;
tiljgentiies. $1,200,000;
«14
4%ft
cumulative
preferred
T4^fi-^vare^' $1®'490,000; common stock (par
mm'i
Rational Vulcanized Fibre Co. (&
Usa?esr En<3ed Ma^ 3K :'>^;, 1948
State
Treasury
due
stock
(par
value, $10
sur["us'
and
tax
June "
for
reserve
per
convalue
share)'
^ew England Gas & Electric
of
,01
56ae9?2Cek«rhnde T^iUn? "i8,
kwh.
This is an
Lf
44,008,962
Association—Output— :
Associatlott reports electric output
increase of 1034 7io-kwh
*7
cs.
^or
^$4^)39
tpf^^90
000
and
5
.
.
J?* nnect(cut River
Massachusetts
issuance
of
the
p''
to purchase
that
Bellows Falls-Pratts
Power Co; and for
Department
bonds:—V,
of
the
line
2581.
Utilities
has
of directors, Earle J. Machold, President,
to be
Northern States Power Co. (Minn.)
Period End. March
proposes,
are
retired.
;
-
_
,
Net
Pfd.
*
*'
•
;
•
\
:
New
owned
authorized
of not
more than $4
per
through-surrender of debentures to the extent
share,-plus the balance in Cash.
Thereafter,
Power
the
income
net
of
Niagara
-
-
-
.
.
.
.
.
.
990,000
5,530,222
247,500
1,407,558
Northern States Power Co.
(Wis.)
1948—3 Mos.—1947
$2,787,886
revenues
1,400,539
Operation
»
(& Subs.)—Earns*
y
1
168,103
<,
^
1948—12 Mos.—1947
$2,446,013 $10,146,865
1,032,218
4,430,294
$8,990,180
3,523,159-
749,607
511,164b
841,560
1,071,887
771,650
996,500
217,830
124,269
207,9QD
jf 288,530
243,715
) Federal income-taxes" 220.300
'.State' income taxe$__i_
38,500
258,100
'■C $454,053
;$537,110
>
Maintenance
y
Depreciation
"t
Net
Other
___j
(other than inc.)
>Taxes
operating income
income
104,450
$2,177;416
161*50
;
$2,05O,4Gl
—
(nCt)2_—
50,465"
;
income
Gross
y
42,700
805,950
936,055
$504,513
62,102
236,"278
228*^1
$593,213
$2,413,694
$2,278,752
135,261
Total Income deductions
191,473
$369,257
6,783
270,000
$407,739
832,136
728*47
$1,581,558
$1,550,00*
27,135
1,048,794
r
-
Hudson
Corp.,. parent company, will first-be applied to payment of the
of debentures.
______
247,500
1,407,556
Period End. March 31—
now amounts to
$24,370,000 and which,
expected, will be reduced to $20,000,000 by Dec. 31, 1948.
After
-the bank loan has been paid,.the funds
received,- plus' the met income;
of Niagara
Hudson, parent company, will be used for the retirement'
.
$9,776,73T
515,625
313,750
5,607,556
dividends
.Operating
v
J
Net Income
5%
preferred
I
corporation's bank loan which
it is
$9,471,690
167, p. 1047.
Common
and
56,205
$2,793,780
'
-
debentures will be accepted at their f&ce amount in full In lieu of cash
in making the exchange.
The -cash funds received
56,205
$2,659,158
divs., $5 seriss—
divs., $3.60 ssries.
—V.
^
^;
14,051
(forward)—
deducts
& minor,
inc.
Common
until the bahk loan*
open
divs.
Net
Pfd.
$3,494,040
820,830
i
14,051
$3,730,116 $13,053,086 $13,447,938
922,284
3,530,190
3,6l4,99S
int.
income
(net)___
income
income
Total
Sub
$3,671,826 $12,779,064 $13,210,793
58,289
279,021
237,145
income
Gross
,
$3,421,931
72,109
operating
Other
v
;
-Earns.
(& Subs.)
?1—
_________
of-the consolidated operating com¬
■;
■■■•
of the. cash: consideration:
;
Debentures
___
to issue 3%
under the olan,
voluntary exchange offer will- remain
debentures
—
1948—12 Mos.—1947
1948—3 Mos,—1947
Operating revenues
$18,021,123 $16,056,998 $63,697,928 $57,129.51S
27,339,734
21,830,448
Operating
8,226,286
6,414,549
Maintenance
3,135,511
915,713
767,512
3,972.461
Depreciation
5,441,258
1,605,000
1,466,250
6,003,750
Taxes (other than inc.)
6,371,237
1,966,392
1,704,185
7,120,793
Federal income taxes.
6,348,750
1,705,850
1,825,975
5,887',575
State income taxes
791,525
179,950
;
206,700
594,550
submitted immediately to the Securities
Hudson into the debt and-debentures
of Niagara^ Hudson.^'This cash !
requirement will, be reduced -from time to time as -the debt and deben¬
tures are retired,- and will
eventually be eliminated. *
1
4-^
: :
The plan also permits;' until the-bank loan has been
retired, payment
the Bellows
of
Junction
is
The
repayment of bank loans
Public
167, p.
portion
•
Co.
output of this company for the week ended June 19, 1948.
60,153,000 kwh., as compared with 51,208,000 kwh. for the
corresponding week last year, an increase of 17.5%.—V. 167, p. 2690.
initial cash cbnsideration of
$7*0 will be adjusted in' each sub-'
sequent calendar qUarter.yto an amount per share determined by divid;ing the number of the outstamling shares of common stock of' Niagara
wm
.
The
Service
totaled
in
pany.
'
Public
Electric
June 22.
.-for-share basis, ° into common stock
1^V, coSpondl^eok
H»drS-ElStricWiCnJS US? 10 pUv,rchase Properties* of
^mnoi!ilr
.
,
JJew England Power Co.—Files With SEC—
wS? series'b
of $11,000,000 of first mortgage
5Se 22 with fha lwn Z' &cc0*?}n« to a registration statement filed
Jkwthl!^01i of
,
.
holder of the common stock of Niagara Hudson who does not
voluntary exchange- under the, plan may retain his common
Niagara Hudson Power Corp.-until the debenture^ have'been
fully paid, at which time his stock will be exchanged, upon a share-
^e, Jun€ 18 week is reported at 145,308,000 cu. ft
11.269,000.cu.. ft., 4* 8:41% above productiSn of
-corresponding week a year ago.—V; 167,
£gS
1,315,033
the
6tock
or
production of 13,534,243 kwh.
593,767
$503,850
$968,779
$2,148,396 $2,802,610
>620,259 s
620,259 : ' 620.259 V;
620.259
^$0.74
$1.49
•
$3.18
$4.24
Any
make
36$0°71
July 1.
on
Privately—The company has placed privately
through Central Republic Co. (Inc.), an issue of $9,000,000 3V2 % sinking fund debentures, due April 15, 1968, it
was announced on June 23.—W 167, p. 2581,
,y':;
The $7.50 per share in cash is the amount now estimated per
common share required to
pay off Niagara Hudson's bank loan and'the
new debentures.
;
$3,038,002
shares
remaining block of stock will leave North American
Northern Indiana
in cash.
194^
1947
the
Placed
4,531,890
1,729,280
ten-year de¬
bentures in the amount of $52,116,537, which is equal to the par
value of its first and second preferred stocks, plus the call premium
of $7.50 on the preferred stocks.
The debentures are to be. issued in
exchange for Niagara Hudson's 378,875 shares of 5% first preferred
stock and its 105,930 shar«$ of 5% second preferred stocks.
A proposal to consolidate into a single operating company Niagara
Hudson's three principal operating subsidiaries, Buffalo Niagara Elec¬
tric Corp., Central New York Power Corp. and New York Power & Light
Corp., is now before the Securities and Exchange Commission for Its
approval.
Niagara Hudson proposes to transfer all of its investments
to this consolidated'operating company, except Niagara Hudson's hold¬
ings of common stock in the consolidated operating company.
The plan also provides that immediately following the effective date
of the exchange of debentures for the
preferred stocks and the transfer
of its investments, Niagara Hudson will offer to exchange, upon a volun¬
tary basis, one share of common stock of the consolidated operating
company for each share of common stock of Niagara Hudson and $7.50
Subs.)—Earnines—
-
'
•
$16'550-,85:
*W?'3;£ $3,974,441
on
of
Northern States Power Co. (Del.)—Weekly Output—1
proposed plan
Niagara Hudson
of $18,481,555), $23,231,435; deferred
(after deducting $1,106,150 U. S
.1,562,546' * 3,463,429
and Exchange Commission for its approval.
total, $86,948,728.
.jnseresi, etc., $3,319,019;
f
—
approved by the board
The
use in plant improvement probuildings, machinery, equipment (after reserves
SS?ries' 1688 ,tax credit. $216,606;
mmign taxes on income
taxes—
.
A
announced
more than cost), $994,913; U. S. of America % % certifi-
«hlSre2oniC!,niAan? fmort.zation
Charges, $273,410;
income
812,650
308,800
162, ,p. 3078.
been
of $1,691,433), $32,433,699; capital
Well Engineering Co., Ltd. (50% Interest) at cost,
reserve
additional 239,731
an
•
plan for the simplification of the corporate structure of this cor¬
poration and for its eventual dissolution as a holding company has
Aftrfflinappropriated for
*
Federal
Niagara Hudson Power Co.—Directors Approve Plan
$899,246), $14,634,619; inven¬
of
Electric Power Co.—V, 167, p. 2364.
$4,301,700 $14,903,781 $14,833,713
$3,778,477
taxes
profit
already has distributed 2,227,237 of these shares
stockholder^ in partial liquidation.
It plans a similar distribu¬
-1948—12 Mos.—1947
1940—3 Mos —1947
:
Earnings per com. share'
♦$447,754; common stock of Fretz-Moon Tube
Co., Inc. (50% interest at
cost $447,000; advances to
employees, $44,914; deferred notes, deposits,
'*£• <at,
its
with only a preferred storck interest in the company.
The SEC in 1942
ordered North American Co. to divest itself of its interest in Wisconsin
Common Shares outstdg.
—V.
tories of resale merchandise, finished
goods, work In process, raw mate¬
®*9.ck of The Oil
5,390,890
*
-
North American^ Co.
;
——-
*
rials^ and supplies (after
*1,191,832
1
'
to
The sale
——
income
CONSOLIDATED BALANCE SHEET, MARCH 31, 1948
accounts of
33,704,000
2,178,958
^
This company has advised the Securities and Exchange Commission
has arranged for the immediate sale and public distribution of its
remaining holdings (as of July 1, 1948) of 26,742 shares of Wisconsin
2471.
p.
1945
*$367,372
it
39,094,890
233,014
167,
-
*$83,143
Electric Power Stock Holdings—
42,593,826
3,498,936
33,704,000
1946
'
deprec., deplet. & int.
42.876,954
Dr283,128
,
'
1948
$265,063
fNet profit after taxes,
..%
8,426,000v
8,426,000
sales
Profit
191,250
*
-
^SOTg—Cash, $10,440,985;
400,000
North American Cement Corp.—Earnings—
Newport Industries, Inc.—Earnings-
^Balance surplus, March 31-4— $16,550,785 $11,244,191
$8,642,655
common share—-1
$0.73
$1.25
$0.24
NOTE—Deprec ation charges for the three months ended March 31,
:I9$8 and 1947 amounted to $409,731 and $382,443, respectively.
aetve for doubtful notes and
591,903
$1,563,761
debt
PI2Mos. End. Mar. 31—
10,604,958',*32.512,168
8,659,014
period End. Mar. 31—
Net
Named per
611,435
$9,738,240 $11,280,555
653,268
683,777
;^-V, 167, p. 2259.
tion
__.
.
279,537
;,
$2,876,774 $14,219,949 $17,394,261
1,927,834
9,110,173
10,015,715
$948,940
Sinking & res.
funds '*■.
appropriations
»
Misc. appropriations
'
^
$
VW.
37,133,015
1,325,906
incoMe'r—
"Loss.—V.
$610,757
8,502,684
6,907
$17,094,913 $11,711,940
185,512
188,212
-
1948—4 Mos.—1947
$1,724,873
Net income
1943-^12 Mos.—1947
11,465,386
106,194
Balance:-
Net
j4&% bumul. pfd. stock dividends—
)$2 -10-year preference stock divs.—
Gwnmon dividends
now
13,142
Total income
93,216
Cr773,2l5
—-
_ri.'\
$0*3
968,846
income-
ry. oper.
Other income
87,450,536 365,111,689 341,265,618
61,243,165 274,362,454 241,986,542
14,741,985
53,616,220 56,402,122
72,498,509
14,433,833
taxes
Dividends
$1,237,922
—
——
215,794
shares
$624,060
(net Dr)
Electric Power Co. common stock.
iQtber credits
preferred
on
$11,147,585 $11,327,085 $53,142,387 $52,079,824;
8,702,101
8,450,311
38,922,438
34,685,563
revenues
oper.
§ Net
ACCOUNT
$
97,159,047
___
expenses
Income
Interest
^rov.
^Previous
$24,280
Norfolk & Western Ry.—Earnings-
Ry.
3,561,515
'
Total Income' ---------2-^^-—
Other deductions
$200,487
219,963
*$0.51
______
$236,048
220,020
York, N. Y., has been
cumulative • preferred stock.
1948—3 Mos.—1947
Period End. Mar. 31—
$2,162,302
82,733
-
139,000
$137,705
5
Operating income
vOther income
204,500
100,000
outstanding
shares
New
4.50%
$
23,033,254 17,818,587
3,538,698 ; 3,272,075
27,410,501
4.305,638
-
2,259,761
4,462,477
2,429,550
6,156,254
5,368.139
COMPARATIVE INCOME
purchased
^Merchandising, sell. St admin, exps.
455,706
865,934
683,511
has
company
$33,878,441 $29,502,251 $21,064,734
-
.
126,500
.
of the series F bonds.-
1947
1948
taxes___—
profit
Railway
Railway
,
:^^
V■
Bank
transfer
(& Subs^)—Earnings—
National Supply Co.
goods
64,392
$6.77
1
r
^Months Ended March 31—
'^ost of manufactured and
$232,384
64,392
$3.32
: $454,846
339.487
reserve
Period End. Apr. 30—
issued invitations for bids for the purchase of
$90,000,000 of refunding mortgage bonds, series F, due July 1. 1981.
Bids must be received by the company at not less than par not later
than 11 a.m. (EDST) on June 29 at Room 1600, 140 West Street,
New York, N. Y.
The net proceeds will be used to reimburse the
treasury for capital expenditures already made, to retire bank loans
Incurred in plant expansion-and to finance future construction. / ., :
The net proceeds will be used to pay off $62,000,000 of notes and
to finance plant expansion.
'*•,/♦ „ .
•
; ;
The New York Public Service Commission has approved the issuance
.
taxeSi—,——'
1946
$4,026,914-
540.548
New York Telephone Co.—Bids for Bonds—
^National Paper & Type Co. (& Subs.)—Earnings— ^ :
;?6 Months Ended Feb. 29—
•
1948
lWT
Net profit, after charges and
1947
$5,097,506
264,205
—
outstanding.—V. 166, p. 1791.
(Sec offering in V. 167, p. 2471).~rV.167, p. 2581.
]
Co. of America—Merged—
above.—V. 167,
-
Chemical
appointed
3,253,478
$0.8o
.
The
:
l
minority interest.—V. 167, p. 2581.
National Liberty Insurance
>£}ee Home Insurance Co.
HfL—
$2HS !SI
1948
$5,212,007
charges
income
/•After
1948—5 Mos.—1947
New York State Electric & Gas Co^-tTransfer
1948
42 Months Ended March 31—
,
operating revenues————
*Net income-———i
Gross
(& Subs.)—Earnings—
167, p. 2259.
(& Subs.)—Earnings—
National Fuel Gas Co.
ifarpings
income
—V.
,
ry.
Net
$130,126
'$11,731
•
.
Earnings per common share
$7,575,069 $44,544,252 $37,861,476
375,000
3,013,000
; 1,962,500
$9,248,265
792,000
:
488,086
1,525,137
1,358,867
accruals-
oper.
ry.
Net
Net profit
——
•Deficit.—V. 167, p. 48.
period
—
after
Inventory
RRv—Earnings—
1948—Month—1947
Period End. May 31—
74,912
cum. conv.
income
for
transferred to the
directors of Niagara
of
-V. 167, pt. 549.
$277,202
13,421
—-
sales
Federal
$2,160,968
$2,539,152
——
will be
the
on
quarterly
Profit
.
Other
share
Commaa
54,260
$194,474
99-382
.———;
bonds
name
that the board
Quarter Ended March 31—
Net
87,604
Net
also announced
Corp. declared the regular quarterly dividends of $l.2S
corporation's first and second preferred stocks for
ending July 31, 1948, payable Aug. 2, 1948 to
stockholders of record July 16, 1948.—V.
167, p. 2363.
3,672,000
3,600,000
300,000
$426,049
(net)—
income
Balance
Total income
will be dissolved and Its
operating company.
Hudson Power
per
the
$3,701,909
139,851
$222,941
$182,276
Operating profit before depreciation &c depl.
300,000
-
$4,075,740
121,148
Gross
$1,663,699
1,440,758
1,484,235
■
,
consolidated operating company to the
remaining holders
of Niagara Hudson.
Thereafter, Niagara Hudson
stock
Corp,
Mr. Machold
$300,090
10,417
Other
}?*Jnn
„
Inc—Earnings-
$416,126
9,923
Other
l048
$1,666,511
-
Net operating revenue
^National Fireproofing Corp.—Earnings—
3 Months Ended March 31—
the
common
Nepco Chemical Co.
appropriations-
serve
Interest on mtge.
Other miscellaneous
of
Power
Property retirement re¬
handle its
——
stock of
1948—Month—1947
1948—12 Mos.- -1947
$2,755,721
$2,607,477 $34,073,399 $31,592,874
1,555,056
1,449,394 19,638,079
17,646,951
210,783
287,861
3,561,928 > 3,405,266
273,756
270,132
3,297,652
3,166,748
Period End. April 30—
Operating revenues
Operating expenses
Federal taxes
^
Corp.—Research Director
company as Director of Research to
—
$3,894,348
2,264,760
•
ur':
New Orleans Public Service,
shares,—V. 165, p. 214,
Cost selling, a dm., & gen., exps——«...
466,867
stock of that'eompany.
common
consolidated
$11,584,199
$3.31
;
National Distillers Products
Net sales
$4,441,673
2,573,563
$877,189
$1,046,539
593,344
i
167, p. 2471.
_
share—$3.04
•Earnings per common
inc...--
Net after charges
1946
1947
1948
,
Net operating
ENDED MARCH 31
12 MOS.
FOR THE
EARNINGS
CONSOLIDATED
the
on
The plan makes no provision with respect to the
outstanding class B
option warrants of the corporation.
•
'• ;
Upon retirement of the debentures, Mr. Machold explained, Niagara.
Hudson will transfer all its remaining assets to the consolidated
oper¬
ating company and distribute, on a share-for-share basis, the common
Operating revenues
$12,789,260 $10,996,580 $51,109,147 $44,315,791
Operating expenses —
10,908,519
9,202,730
43,105,435 36,557,245
Operating taxes .»»»—
834,202
916,661
3,562,039
3,864,198
$3,840,228
6,289,584
$0.54
$6,781,154
6,289,448
____
shares
the common stock of Niagara Hudson
on
the
—
—
Common
paid
the debentures have been retired; however, stockholders making?
exchange, upon receiving common stock of the consolidated oper¬
ating company will be entitled to whatever dividends may be declared
1948—Month—1947
1948—4 Mos.—1947
$12,815,931 $11,019,499 $51,209,317 $44,397,508
rev.
26,671
22,919
100,170
81,717
Apr. 30—
revenues
.
Earnings per common share
Monday, June 28, 1948
No dividends are to be
until
PerW End.
1948
1947
1946
$72,458,652 $67,355,178 $52,348,502
taxes
7,950,007
11,267,351
6,520,812
■
3,198,513
4,486,197
2,680,228
-
FINANCIAL CHRONICLE
&
New England Telephone & Telegraph Co,—Earnings—-
ACCOUNT
INCOME
CONSOLIDATED
Quarter Ended March 31—
Sales
COMMERCIAL
at
'
6,783
27,135
262,198
1,080,000
company
on
June 18 applied to the SEC for
: and
to
authority to sett
exceed 60,000 addiits parent, Northern
for new-constructioa
pay off $1,000,000 of bank borrowings.—V." 167, p, 1047.
pat, from time to time during 1948, not to
shares of its $100 :par common stock to
States Power Co. (Mfam.). Proceeds"will be used
tional
:
dividend s
dividends
To Sell Stock to Parent—
The
;
'
'
'
.
Volume 167
Number 4711
THE
Northwestern Bell Telephone Co.—Earnings—
Period End. April
Operating
30—
1948—Month—1947
$7,642,780
revenues
Uncollectible
19,536
rev.
oper.
Operating revenues
Operating expenses
Operating taxes
$7,623,244
__
4,168,286
23,569,300
935,204
451,709
3,554,013
$3,000,437
$2,387,087
.717,913
160,644
2,624,466
2,147,919
June
on
announced
granted
10
in
increase
an
the- original
Wage Increase to
to
overall
an
13-cent-an-hour
of our present series of Packard cars in the
1947," Mr. Christopher explained, "we have been ab¬
sorbing a constantly-increasing material, bill.
This, added to the thirdround increase in labor and salary
rates, makes it necessary to increase
the selling prices of our products,
'.;j•
stock (10 cents par value).
added to working capital.
*
of
quarter
The
Hep
1948—Month—194T
revenue
Operating
expenses
for
Prov.
Amort.
$3,985,374
1,653,001
,
304,073
;■
Vi1
21,521,963
278,416
80,560
depreciation-
of
80,560
17,823,785
3,417,963
-
3,253,266
Fed., income
966,720
and
2,978,513
may
Gross
Int.
income
of
and
prem.
31,651
Cr5,117
Cr39,547
$7,258,084
966,469
966,469
82,188
V
$685,800
80,538 %
:
——_
$633,16G
$6,291,615
this
June
on
asked
21
the
system by
$6,022,942
been
tion
$
■
*'
3Va-%' installment promissory notes
parent company, Columbia, to finance its 1948
Inc.,
and
program.—V.
storage
gas
",i.^'■
.
Ohio Oil
166,' p.
i
■i-"1 '• ''
2562.
viy
"■*
daily with
for
6
Federal
-■
Other
W
cubic
2,200,000
feet
of
Ohrbach's Inc..(& Wholly-Owned
Gross
Cost
INCOME
gas
sales,
_
buying and occupancy expensed—
Gross-profit C--——
.1
——
Total
Miscellaneous interest
Loss
„•
„
sale of fixed assets......,....^Miscellaneous deductions
1
i
Provision for Federal income taxes
on
'
"Reinstatement
net
of
capital
income
and
profits
excess
Items
$16,270,
taxes
taxes for prior year of $6,702
-V.
"
plan
prior
for
:
"
elec.
'•
''
.
of
years
$7,326
x
t
6 Months
Ended
Jan.
SI1—
Federal
'
•
471,963
127,059
1,873,799
295,897
3,304,957
income
144,056
;
'
$1,075,911
6,150
1
5,273,674
/
5,542,108
1,728,675
,
$739,582
'
.
'
$7,139,328
1687.
p.
'
eral
The
inclusive.- '•
,'
•
..
•
.
-
has elected
company
Co.
RR.
first
1946
•
12 o'clock
Duck
Earnings
noon
199,963
199,963
$1.10
charges
Federal
and
"
March
31-
'
Sales
Profit
before
Federal
Federal
income
;
income
taxes.
taxes
Other
'
204,079
"
March
for
this
and
amounted
31
$14,000,000
a
increase
over
before
Fed¬
period
increase
an
of
over
the previous period. Subsidiaries of
Neckband Corp.; Fairforest Co.; Grace
W.
Mills
Inc.,
Harris
Mill;
Thurston,
Manu¬
Osage
Inc.,
Warrior
and
.
16,
the
directors
declared
stock
a
dividend
of
share
one
will
be paid
167,
15
656.
p.
cents per share in lieu
'
.
of issuing
*
..
.
.*
1948
'
t$2.89
$3.31
taxes.
tAfter
preferred
Baltimore
&
Washington
750,000
$1.72
*-.
bids
received
the
at
sale
96,590
-
1947
-
1946
1945
•
share_i_i—
per
$1,336,474
$263,626
$716,756
484,104
484,104
482,355
485.000
$0.55
$1.48
$1.26
•,
$2.76
charges and Federal taxes.—V.
167,
•
2297.
p.
>
dividend
'
1948
$611,874
shares_l
capital
Equipunderwriting group
headed by Halsey, Stuart & Co. Inc. and including R. W.
Pressprich & Co. and Freeman & Co. on June 24 publicly
offered, subject to Interstate Commerce Commission au¬
thorization, $2,400,000 2V4% equipment trust certificates,
series 1948, at prices to yield from 1.20% to 2.375%, acc cording to maturity.
The certificates, issued under the
Philadelphia Plan, mature $60,000 quarterly Dec. 1, 1948
to Sept. 1, 1958, inclusive.
$1,288,066
stock
*
-
profit
of
'
Richmond, Fredericksburg & Potomac RR.
1946
1947
$2,480,797
750,000
-Earnings—
ment Trust Certificates Offered—An
"
The
Issue
awarded
was
received
were:
at'the sale
Brothers
RR.—Bonds
Halsey, Stuart & Co. Inc.,
98.5599 for 4s; Harriman, Ripley & Co., Inc., 98.27 for 4'/8s; Kuhn,
Loeb & Co., 98.05 for 4J&s; vand The - First.' Boston. Corp., 99.40 for,
4 '/iS.
'
'
'
'
The. proceeds will be used to repay the Pennsylvania RR. for ad¬
vances and
to retire certain prior lien obligations of the P. B. & W.
RR—V. 167,.. p. 2582.:
f\ „
..
,
$2,331,681
99,000
...
struc¬
basement
Street, and. covers
"
•1947
$2,836,464
227,279
June
"After
interest coupon. The bonds will carry a sinking fund of
$175,000 annually and will be guaranteed by the Penn-.
sylvania RR.
'
;
'
V
1948
two
repre-
of real
building
The
with
2297.
Quartcrs End. Mar. 31No.
With Insurance Firm—The issue of $17,570,000
general mortgage bonds, series F, due May 1, 1979, were
awarded on June 22 to the Equitable Life Assurance So¬
ciety of the United States on a bid of par for a 3lk%'<
Pacific Coast Aggregates,
Inc.—Earnings-
Quarter Ended
and
Church
$7,000,000
Callaghan,
Mills;
p.
was
profits
nearly
&
Re» Motors, Inc.-
Dealers
share.
167,
fractional shares.—V.
Placed
per
221
months ended
which
Net
Eagle
Kerr
share stock dividend
July 7
,
requirements on shares now outstanding.—V. 167, p. 1926.*
Philadelphia
95,000 shares of common stock, at $36
discount 85 cents.—V. 166, p. 2314.
and
Noyes,
blocks
Hospital.
of common stock for each 33Vh shares of common stock held, payable
July 15 to holders of reeord July-1, 1948. No fractional shares will be
issued, but those shareholders who would be entitled to fractional
$2.12
,
Co.—Secondary Offering—Morgan StanJune 24 made* a secondary distribution: of
on'
six-story
a
Street
to
home
easterly
Regal Shoe Co., Whitman, Mass.—3% Stock Div.—
*
(EDST)
$2,279,991
< 759,957
.....
share_i.x._._^._x._-i-
per
"After
Otis Elevator
ley & Co.
York
F.
three
nearly
the
on
New York, N. Y.
Charles
and
New
for nine
compared
Chesnee
Co.;
Thomas Streets,
Levy
the
contracted
has
17,
permanent business
.
were
include
Co.;
Mills.—V.
On
■
■■
Months Ended March 31—
12
561,000
.
taxes.
1,980,000
Pennsylvania Salt Mfg. Co. (& Subs.)—Earnings—
$424,247
'
Mills
to
$232,193
$1.55
when
Brothers
$5,145,481
'
,
"Net
profit
Capital shares, outstanding.
1S9.963
taxes
Cotton
mortgage
985,247
;
State
facturing
withdraw $5,153,000 of The New York
5V« bonds, series A, due May 1, 1982,
now held by the Fidelity-Philadelphia Trust Co.,
trustee, being a por¬
tion
of
the
securities deposited
as
collateral securing-the 30-year
secured 4%
serial bortdsM'and to substitute therefor, under and pursuant to
the terms of the said indenture,
70,000 shares of capital
stock of The Northern Central Ry. Co., rsuch withdrawal and substitution to', be made on July 30; 1948.
V. • 167, Pi 2581.
Earnings—.
1947
and
its
feet.
Brothers
Reeves
$1,500,000
.
I
Brothers is
Worth
approximately. $52,000,000,
1947. comparative period.
$7,125,481
1,980,000
'
will receive bids up to
$9,020,154
Capital shares outstanding...
Earnings per share
1C6,
to
June
cn
for
to
purchased
ago from the
54-56
as
Worth
Samuel
Hon.
6,200 square
Sales of
1,728,675
£ $5,159,328
385,193
153,000
taxes..
Net profit
—V.
1948
$$0.66
income
Purchase Its Building—
announced
was
who
group
Reeves
applic. to pfd. stocks for the period..
.
of
the
were
the
known
lot
a
$1,062,982 $11,680,407 $11,470,496.
37,145 v
94,101 ,126,479
$714,670
2472.
sellers
ture
$1,100,127 $11,774,508 $11,596,975
367,391" >.
360,545
4,635,180
4,471,494
$9,860,825
h
JBefore
taxes.
occupies covering the entire block
now
estate a short time
purchased by Reeves
I
"
144,056
-
building it
;
$1,08*2,061
529,235
taxes
income
cash) transaction
The
the
(net)—L
220,000
income
-
it
all
in an
senting
3,240,617
„
corporation,
:
1,564,803
286,000
$10,567,140
—
Federal
630,000
$0.77
and-Federal
v,
$61,203,057 $55,136,209
37,341,545
31,-589,510
515,085
V; $309,235"
—
before
1947
$$418,637
630,000
,
share.:
side ot Church Street from
1948—12 Mos.—1947
'
plant
income
dates
Bay
sundry
.
1948
"$484,043
;
58.
p.
purchase
i
the
.
Profit
>
"Net
years;
>
.
31—
outstanding
charges
This
Earned
Federal
and
164, p. 3417.
$0.46
Co.—Earnings—
March
Reeves Brothers, Inc.—To
v
■{
'
•
2,639,715
revenues.!
oper.
income
167, p.
both
$l;477,011
additional
Oppenheim, Collins & Co., Inc. (& Subs.)
Sales
is
at the office of Geo. H. Pabst, Jr., Vice-President, Room 1811, Broad
Station Building, Philadelphia 4, Pa,, for the purchase of $9;900,000 equipment trust certificates, series T,
dated May 1,
1948.
; They will mature $660,000 annually from May 1, 1949 to May I, 1963,
2,242.
credit.__rr_.„_.^
$0.47
Street
$1,474;769'
provision
for
alternate
an
">
14,222
charged-to-expense, in prior
less
,
164,151
1
per
After
—V. 166,
its
Substitution and Withdrawal of Collateral— Iv'
period after special
of
amortization,
*
gas. 1
Pennsylvania RR.—To Issue Equipments—
-
Net profit for the
natural
920,446.
Net profit before special credit
!
•Special credit (net)„_^„_..._i>.__
1947
$1,586,603
•
Ended
Earnings
order authoriz¬
an
163,955
The' company
441
.
?
J
'
$4,741,672
&,other deducs;_ir
-V.
$2,413,356
3,478,
—■
Expand—
•
$2,316,415
96,940.
'
—
if
Balance'
4,673,866
■
Other income
$26,615,000
3,368,249
1,
taxes
Divids.
less discounts; returns and allowances
$37,166,928
goods sold, including buying and occupancy expenses
30,176,647
general and administrative expenses, other than
of
Selling,
1948
profit
Capital' shares
delivery capacity of
$5,553,256
:
Net income-
1948
"
27—
share.
per
167, p. 2297.
Reed Roller Bit
5
31,
Corp.—Earnings—
March
170,170
Quarter
additional
the
1948—Month—1947
>
—,
.
Int.
Ended
$1,436,563
Earnings
—V.
:
...
taxes
Net
Subs.)—Earnings—
ACCOUNT, ,12 MOS. ENDED JAN,
Cola,
.
profit.
Net
public
operate
increase
or
'
Depreciation, J-i.__i._l__'
Gross
CONSOLIDATED
*
'•
acqui. adjustments
shut-in rock pressure of 960 pounds.—V. 167, p. 2471
a
*
'
revenues
Other
May
'f
■
exps.,
Nelson,
completed
Rock
102,000,000 cubic feet of gas daily. Cost of the facilities has
Amortiz.-of
was
made
and
will
at $27,021,000,
167, p, 1848. ■ .
"Flowing at the rate of 5,200,000 cubic feet of gas daily, this
company's No. 1 R. O. Wonder, Ruggles Field; Troy Township, Ashland
County, Ohio, is a near completion," it was announced on June 11.
Located one-quarter mile to the southwest is the company's No,.' 1
which
which
Period End. Apr: 30—
Oper.
'
Co.—Completing New Well—
has
construct
estimated
Operating
construc¬
•,
bottle Red
7;
Pennsylvania Power & Light Co.—Earnings—
authority to sell
to Columbia Gas-
$18,000,000; of
System,
over"
Commission
to
facilities
.
for
SEC
June
Pbwer
company
Ohio Fuel Gas Co.—To Issue Notes—
company
Net
r
Manager.—V.
Federal
The
used.—V.
The
to
sales
Christopher disclosed'the union had withdrawn all other demands
the negotiations with C. Wayne Brownell, Packard Indus¬
transmission
$605,262
of
as
Weeks
12
Net
.•
ing
1696.
p.
agreement, separate from the contract
12, 1949, Will be effective until Aug. 1, 1950.
the question of a general wage adjustment
1949.
167, p. 2690.
•" .*/*;•* ^ r' t
.Panhandle Eastern Pipe Line Co.—To
$6,989,411
80,538
v
the
Relations
r>
359,425
"
stock—
167,
379,224
$713,704
Dr 7,680
——-.
Balance
—V.
31,649
franchise
ginger
company
.
made during
trial
'
!;•
Mr.
2,052,223
——
pid.
on
by
effective
$9,483,247
2,019,106
expense—.
income
Net
$9,616,868
169,960
disct.,
deductions
Divs.
$910,197
167,616
debt.
debt
Oak
The
Reed-Prentice
10,000 Packard employees and, if,,'
membership of Local 190, UAW-CIO, the increases will •
ratified
4,725,673
$877,388
—
long-term
on
Amortiz.
Other
4,868,187
of- Connecticut.
{
salary
reopen
once after June 15,
-The agreement will affect
become
profits taxes
and
wage
party
only
.
784,000
753,665
excess
exclusive
an
Charter
as
ale and other beverages in the
and its predecessor, Charter Oak
Bottling Works, has been engaged in the bottling business for 24 yearn.
—sV.",i67, p. 1698..
; "
continues until June
Each
1,043,400 4'-
3,513,475
—•
well
The net proceeds will be
.
new
which
—r
taxes
."In fact, latest estimates indicate it will cost Packard an. additional
$6,250,000 to produce the cars now scheduled for the last six months
of 1948."
"
.."
" '
*
*
The
plant acquis.
>. adjustments
General
1,970,188
—
1948—12 Mos.—1947
$3,706,174 $43,905,176 $39;307,884
holds
company
as
State
y
_
•
Period End. Mar. 31—
Gross
next
Red Rock Cola Bottling Co. of Connecticut—Stock Of¬
fered—William S. Baren Co., New York, on June 23 pub¬
licly offered at the market 320,000 shares of common
,
President and General Man¬
prices; averaging 5.7 %' and
new-car
terms of repayment and reducing the outstanding debt
It is expected that further similar payments can be made
few months.—V.
167, p. 157.
$521,000.
the
9
wage
to $200.
-"Since establishing costs
third
r'
-
company
ager,
■
(2793)
over
ranging from $75
Ohio Edison Co.—-Earnings—
Grants
—
Simultaneously, George T. ■ Christopher,
2,866,081
$213,518
.
Co.
Car
CHRONICLE
raise for hourly-rated workers; with extra' increase in numerous labor
classifications, and a 9%, boost for non-executive salaried employees,
with a minimum of $20 monthly each.
19,213,970
$815,485
operating income
Net after charges—
167, p. 2260.
The
50,703
$4,833,513 $30,123,750 $24,467,148
5,872,555
Net
—V.
84,952
FINANCIAL
&
Employees—
$30,208,702 $24,517,851
9,735
„
Motor
Packard
,
1948—4 Mos.—1947
$4,843,248
COMMERCIAL
(jointly),
100.4643
/
for
2%s.
June
were:.-
100.104
on
bid
a
of
100.319.
Other
bids
>
y
•
22
Harriman, Ripley & Co., Inc. and Lehman
for 2'/4s; and Harris, Hall & Co. .(Inc.),
Oi
uie
issue
will be
used
to
provide for not exceeding
of the cost, estimated at not less than $3,017,000.—V. 167, p. 2502.
j/iuceecK,
80%
Robertshaw-Fulton Controls Co.—Earnings—
EARNINGS
Sales
yNet
4
Earnings
after
167, p. 291.
1948
$8,494,944
—
income taxes
shares
outstanding-...
per common share
U Common
—V.
FOR.QUARTER ENDED MARCH 31,
•
profit
765,533
•
,
1,007,855
$0.71
;
_
.
n
Net profit
shares
Earnings
per
$128,279
$107,489
552,741
555,911
$0.20
.
-
Common
$0.16
outstanding..,
common
share...
Roosevelt Oil
Arthur
•Consolidated figures.—V, 163, p. 784.
Philadeplhia Electric Co.—Weekly Output—
Pacific
Portland
Redemption—
Cement
shares
issue
of
to
its
be
of
5%
redeemed
Consolidated—Partial
at
and
will
$142
be
preferred
share,
a
$37
redemption
in
stock,
unpaid
on
by lot out of
before Oct.
or
1,
the
1949.—V.
The electric output of this company and its subsid'aries for the week
June
19, 1948 amounted to 137,697,000 kwh., an increase of
11,497.000 kwh., or 9.1%^ over the corresponding week of 1947.—V. 167,
of
The
shares
retire the
issued.
Theodore
1948—4 Mos.—1947
Operating
■1'i
27,564,808
17,404,015
>
112,888: V,
89,329
revenues
Uncollectible
Operating
oper.
rev.
27,451,920
22,421,024
revenues
Operating expenses
Operating taxes
$
Net
56,930,961
224,521
14,272,522
1,911,427
'•
iy-
■:
•:
•
•• •
.
%
Vice■
56,706,4ao
President
elected
units.,
and
and
been
in
and.
confection¬
and Southern
Northern
director
47,858,803
V
executive
an
Bernard
succeeds
a
Vice-President
Executive
'
"
^
Miv Rothman, has
years
been
has
the corporation's chain of restaurants,
manufacturing
and
California
20
88,413,061
10,063,057
stores
ery
489,607
17,314,686 108,312,690
2,479,301
...
'$
108,802.297
Rothman
General Manager of
'
■
.v.-'
H.
and
van
of
Steen
of the corporation.—V.
the
who
165, p.
company
stock
preferred
business
officer
der
convertible
announced
on
June
that
22
for
in
Michigan.
calendar
the
For
and
preferred
year
shares
44,000
stock,
■"
1947
•'
.
of
$12.50
par
value,
'
-
combined
,
net
sales of
the
three
com-
'
continues
as
$18,580,806 and net profit after Federal taxes
income amounted to $409,907. In the three months ended, March 31,
amounted
panies
2929.
Pioneer Service & Engineering Co.—Weekly
and
common
.on
to
1948, combined .net sales were $5,608,377 and net profits were
5,393.108
the
statement with the Securities and
the issue and sale of 135,000 shares
All of the shares
stock are to be
offered publicly.
The remaining 63,000 shares of common stock are
to be purchased principally by officers and employees of the. company.
The company has named F, Eberstadt & Co. Inc. as the underwriter
of the preferred stock and common stock to be offered publicly.
,-Thc
net
proceeds- of
the
financing,
estimated at approximately
$2,400,000,
together with a $1,300,000' four-year bank loan, are to
be
used
to
purchase
the outstanding stock
of Roosevelt Oil Co.,
Simrall
Corp.
and
C."L. Maguire,- Inc., all of Mt. Pleasant, Mich.
Working capital will also "be augmented.
The three companies being
purchased have long operated as, and taken together constitute, an
Integrated
petroleum producing, gathering,
refining and marketing
of
^
Co.—Earnings—
1943—Month—1947
$
-Ji
»" • '.*-»•
John
M.
Otter,: General Sales Manager, has. been elected
President and General Sales Manager/—V, 167, p. 2582.
'
remain¬
;
-f.'
President,
registration
relating to
107,000 shares of common stock, without par value.
'•
Philco Corp.r Philadelphia^New Vice-President—!
;
Winter,
cumulative
6%
of
.
V:-
:
-i.;
a
shares
164, p. 957.
2690.'"-'v
p.
the
value,
par
34,894
to
17,447
one-half
or
Exchange
Pig'n Whistle Corp.—Executive Vice-President—
Pacific Telephone & Telegraph
Period End. April 30—
next,
dividends.
The company advises stockholders of its intention
ing 17,447 shares
1,
representing; $100
accrued
chosen
Oct.
on
W.
has filed a
Commission
company
ended
.
has called for
6 V2%
cumulative
outstanding,
premium
Co.
-
The-company
Refining Co., Point Pleasant, Mich.—
Registers With SEC—
,.v
,
$229,944.
Output—^
Rudy Manufacturing Co., Dowagiac, Mich.—Earnings
"
Electric output of the operating companies served by this corporation
f.^7,448,513'3.2,517,665 V' forii the week ended June 19; 1948, totaled 259,407,000 kwh., as com- !
The earnings of the company, formerly Rudy Furnace Co., for tho
four weeks ended March 31, 1948, together with a balance sheet, was
T+r.
ii
* ox
i
1
Pared with 216,824,000 kwh. for the corresponding week last year, an,
four weeks ended March
Parent to Subscribe to Its Full r\
Quota of Stock Offering
increase of 19.6%.—'v. 167, p. 2691.
> L
»
1;
^v'^giveir in the "Chronicle" of June 21, 1948, page 2691.—V. 167, p. 1475.
operating income
Net after charges—
See
2,551,595
1,855,589
1,130,737
757,780
9,836,572
3,454,524
Telephone & Telegraph Co. above.—V.
167,
'I
2690.
p.
.
*:
—
Pacific Western Oil Corp.
Quarter
Gross
Ended
March
(&
1948
U
1947
$2,280,579
etc. r-—a
;
•Other
profit
income
Total
income
$963,619
(net).
$687,503
•594,806
>
-
$92,697
44,382'
317,350"
$1,474,282^
—7,300
$659,893
.
.
outstanding,
>
profit
shares
Earnings
per
•Includes
2364.
$1,466,982
outstanding™.-^ —1,371,730
share___
$1.07
4,000
net
income
.
.
of
-
subsidiary,
;
Getty
$643,893*
$133,079
v
'»
1,371,730
$0.47
Realty
1 000 0C0
'
Corp.—V.
$0.13
167,
*
been
from
in
terms,»the loan from the RFC was to
equal monthly - instalments over- a three-year
Dec:; 10,..1947.
Piper also announced
June
1-,
"
a
.,
.
-
payment of $110,000 to major creditors
June 15, 1951.
He
pointed'out that on the same date as- the RFC loan, 12 of the larger
creditors had accepted notes covering past due accounts- in the amount
of $631,000.
These fiv^.year corporation obligations were subordinated,
by consent of- the creditors, to the RFC obligation and, should the
RFC lean
have run its course, no payment was due on them until1
June, 1951.
At that time a payment of $110,000 would have fallen
due.
However, the management found itself in a position to make this
initial
1948,
payment
on
against
June
1,
notes--not-due
until
theieby anticipating by over three years
20% Stock Dividend—
Saco-Lowell Shops, Inc.
^
retired
Mr.
$137,079
16,000'
'
-
One-
-period
:
Net
Capital
•
trx^
stock
on
taxes
,■
•,/ .:
t
By'its- original
have
$342,543
"
510,663
income
Federal
y
'
Reflecting operational economies, profitable production, and steady
sales, this corporation has retired its 3-year $600,000 RFC lpan in,;
less than six months, it wasr announced June 23 by William T. Piper,
'
Operating
.
President.
y
.1946
$1,347,543
'1,005,000
U,316,960
-
^T31^/^
Piper Aircraft Corp.—Retires RFC Loan, Etc.-
Sub.)Earnings—
31—
revenue
Expenses,
p.
.
,
American
-
David
rectors
F.
have
on
Aug.
share
which
may
before
or
Upon
President,' on June 24 announced that the di¬
declared a "stock dividend of 20% payable in common
Edwards,
of
to stockholders of record at July 19, 1948.
stofck will be distributed for each five shares
1948
9,
new
with
fractional share interests represented by scrip,
be combined and exchanged for full share certificates on
Aug.
10,
1949.
„
Of the distribution of these additional shares, the
have a total of 300,000 shares of common stock.
167, ,p» -750. '
;
!
"
completion
will
outstanding.-r-VV
corporation
,
St. John Power & Paper Co.
Quarter Ended
Net
March 31—
profit
Earnings per common share—
Ltd-
-Earnings1948
194.7
$459,347
$361,281
$4.32
$3.34
10
(2794)
THE
St. Louis-San Francisco
Period End. Apr, 30—
Operating
Maint. of
<fc struct.
way
Maint. of equipment
Transportation exps
Other
Ry.—Earnings of System—
1948—Month—1947
1.556,764
4,073,520
3,596,075
683,511
591,390
-
expenses
Period
Gross
End.
Operating
Prov.
for
Amortization
2,385,674
acquisition
income
oper.
Other income
738,560
859,740
!
.
40,943
53,090
1;:
2,794.176
214,265
Total
income
Deducts, from
$779,503
$3,008,441
$6,817
$912,830;
income-
$29,340
!
$4,958
$3,302,369
$72,115
available
fixed
730,602
86,400
86,400
842,551
775,927
974,722
>
■
172,717)
$173,785
$165,880
21,037
21,037
148
148
Net
3,813,382
1,056,857
$2,048,736
252,450
1,773
6,395
$144,273
$1,7-/5,912
34.358
34,358
412,296
$1,623,383
412,296
$118,447
$109,915
$1,363,616
$1,211,087
Cr205
$772,686
$907,872
„
$2,979,101
p. 2473.
$3,230,254
Scandinavian Airlines
$152,805
:
"
>
Balance
System, Inc.—Resignation—
—V.
,
become
will
He
Director
of
his
assume
Sales
Passenger
July
position
new
for
American
15,—V. 167,
Airlines,
Inc.
2298.
p.
(W. A.) Sheaffer Pen Co.—General Sales Manager—
R.
to
H.
Whidden, formerly Assistant Sales Manager, has been elevated
position of General Sales Manager to succeed Rex M. Conn,
the
deceased.
In
his
Sierra
Pacific
Power
Co.—Bonds
received
to
Offered—Halsey,
on June 24 publicly offered $3,500,000
bonds, 3%% series due 1978, at 101 %%
The
issue
Webster
to
awarded
was
Securities
The 3%%
be due
,
Corp.
June
bid
22
on
bid
a
,
100.5399.
of
to
1,
Stone
&
Amount to be
1978.
The
sumers
is trustee, and
The company will
annually on or before March 31, beginning with March 31, 1951, and
ending March 31, 1977, pay to the trustee a sum equal to the lowest
multiple of $1,000 which exceeds (or Is equal to) 1%% of the greatest
Boston,
Mass.
such
to
sum
used
be
the next ensuing
from
to
104 Vt
series theretofore
1978
to
the retirement
for
April 1.
100,
retired
by release
bonds of
of
the
PURPOSE—The
moneys, etc.,
series on
1978
through
to
about
First
PRESENT
TO
Authorized
mortgage
bonds;
at
A
2%%
series
due
1977
3 % %
series
due
1978.
3'/.%
(due
".
/
i
—
■
*
'
'
the
of
and
above
bonds,
the
Stockton
Operation
$293,569
139,862
-
Maintenance—
Retire,
amortization
Federal
income
Utility
Other
inc.
Gross
taxes—
(net)
'
>
311,503
$794,216
Dr90
Dr81
$61,619
deductions
income
2,195
$68,401
11,430
$796,411
applicable to
Earnings per
stock
com.
share
common
129,161
Federal
Power
210,000
and
(226,584
Commission,
During
ment
the
this
from
were
reduced
&
Net
$457,250
$1.91
shares)
(Alexander)
sales
&
Sons
ncome
Net
*1948
taxes
common
1,085,5005
>
Net
*$1.44
reserve.—V.
$0.75
*$1.68
167,
p.
JBefore
Net
perating
revenues
ncollectlble
1948—Month—1947
Pollock
& Co.,
—_
$17,208,420
rev.
oper.
65,622
Operating revenues— $17,142,798
perating expenses
13,812,318
erating taxes
1,805,540
$9,715,508 $67,401,341 $52,825 421
9,056,314
55,073,097
675,486
6,936,642
44,457 471
V 5,100,222
$1,524,940
*$16,292
$5,391,602
$3,267 728
1,065,674
Net
et
operating income
after charges
•Loss.—V.
*382,201
3,724,618
l,889i296
167, p. 2299.
Net
Bros. &
2,740,600
of
this
kwh.,
company
as
"rrespondlng week last year,
week
compared. with
an
increase
of
ended
2,277,000
20.3%.—V.
June
kwh.
19,
for
167,
-
oper.
2,759,602
131,672
operating
150
-
24,391
Quarter
Federal
Ended
Net
income
$2,088,818
1,766,942
an
Otway
of
issuance
'";f '"'V
?\
eastern
be
started
listed
1;
of
the
375,678
$3,089,616
375,678
$3,047,426
$2,713,938
j
June
the
filed
24
seeking
Ohio
to
Power
Com¬
840-mile
an
natural
and
and
to
gas
other
to
2
its
utility
Pennsylvania.
pipe line will begin within 60 days
of
line
new
and
convenience
application.
the
of
Federal
construct
Divisions
certificate
a
its
in
terminus
the
to
additional
Kentucky, Ohio
26-inch
new
with
authority
deliver
to
Kentucky
of
stated
First
deliveries
neces¬
of
gas
(near
follows:
Gas
has
to
line.
have
253
stored
now
Under
Deliveries
year.
purchased and received delivery: of 33 miles of
pipe, which is
new
have
at railroad sidings along the route
delivery schedules, the company ex¬
pipe on hand by October of this
on
$221,300 worth of valves for the
'
present
miles
of
26-inch
started
line, and $211,250 of pipe wrappings.
new
3. A
5
>,
y-:,::-;
portion of the pipe line route has been surveyed both
ground
Fall.
t-
and
from
the
air.
three
of
$1,147,667
2,200
2,000
$235,717
225,706
13,709
156,706
$1,145,667
$3,698
$177,647
to
its
have
Stock
for
*15,608
118,239
1948—4 Mos.—1947
at
$8
to
share.
a
of
,
$1,331,618
$3,171
85,715,215
4,342,518
4,821,254
on
completed
by
the
this
the
issues
a
Kentucky
from
The
with
Texas
program
Gas
Company
Chemical
and
Divisions.
has
Bank
City of New York,
and
Trust
Bank of
into
Co.,
the
to $7,750,000.
certificate
authorizing the
new
con¬
the Texas Gas Transmission Corp. plans to sell $60,000,000
debt and to enter into a stand-by arrangement with banks
available on a term loan basis.,
-
funded
make $5,000,000
Four
5.
.
contracts
have
been
signed with 41 producers of gas to
supply Texas Gas with its natural gas requirements for the new line.
Gas
transported through the new line will
be delivered to the
Memphis and Kentucky Divisions of Texas Gas, to the City of Louis¬
ville, to The Ohio Fuel Gas Co. and The Manufacturers Light &
Co.,
4:;
shares
entered
&
for
Twenty-
625,000
The
East
Ohio
Gas
Co.,
and
Texas
Eastern
||
Transmission
Corp.
Estimated cost of construction of facilities covered in the application
is $73,500,000.
These costs will be financed
as
follows, according
>
to
the
stock,
Texas
Gas
$4,950,000;
estimate:
sale
sale
of
funded
of
bank loan,
$10,900,000.—V.
shares
625,000
of
common.
£
debt,
system earnings and depreciation funds
$60,000,000;
balance
from
through 1950 and from stand¬
167, p. 2583.
$5,878,011
*262,512
and
buy
Agreement
Bank
Commission
of
Heat
$18,246,591 $10,184,452 $71,438,294 $58,183,005
66,880
< T
35,123
267,477
143,230
the
struction,
74,703
be
construction
its
Memphis
agreed
Loan
National
to
$129,361
29,371
will
firm commitments under which approximately
available
be
Bank
Chase
After
897,366
118,940
$48,464
1948—Month—1947
Common
interim
an
remainder
Manhattan Company to borrow up
1,096,294
39,038
$1,430,647
will
extensions
purchasers
its
The
The
*
making
2693.
•>:
':
■
31—
taxes
Texas & Pacific Ry.—Results from
Pei iod End. Apr. 30—
Operating
1947
1948
1946
$1,458,156
$1,265,090
$574,363
554,099
480,545
218,258
$904,057
$784,545
$356,105
1,377,480
1,377,480
1,377,480
$0.66
$0.57
$6,407,911
Operating expenses
Ry. tax accruals
4,809,157
Equip,
rentals
(net
Jt. fac. rentals
Net
Other
ry.
1948—4 Mos.—1947
$4,770,567 $25,139,343 $18,395,147
3,616,220
18,919,483
14,048,794
380,947
2,476,137
1,362,430
150,035
1,280,500
593,436
657,597
361,889
Dr)
oper.
(net Dr)
income.
incomfe
Total
income
died
on
June 9
at
the
deductions
Fixed
Co.—Obituary—
Executive Secretary,
1369.
Operation—
1948—Month—1947
revenues
$0.26
2693.
p.
$3,423,104
period-—
in
as
Texas
pects
1948—4 Mos.—1947
280,641
Conard,
$226,295
by the FPC of
company
the
26-inch
1947
$1,432,847
taxes
167,
$3,976,051
886,435
<-
on
Texas
pressor-stations.:"
1948
500
;
Morrow
74,556
$4,222,430
799,326.
.
772,981
$236,217
per share
of 56—V.
13,373
$300,851
Progress already made in preparation for actual construction makes
a timetable
possible, the company reported. Preparations to date
5,503,184 145,484,067 133,829,730
Standard Accident Insurance
age
$3,962,678
15,164
-
:
*.
application
the
Jan. 1 to Jan. 14
1947
Capital shares outstanding
p.
$4,207,266
2. Stone & Webster Engineering Corporation;, has signed a contract
to supervise construction of the new pipe line and to construct com¬
$368,143
profit
167,
$300,523
such
$1,075,156
550
income
922,006
Middletown, Ohio)
December, 1949, and full contract quantities eazk'
be delivered by the Spring of 1950, the
application revealed. >,
1,008,112
$368,593
March
'
>
917,746
1,000,000
requirements for
corporation
after
10,547,939
Square D Co.—Earnings—
Profit before Fed.
1,244,644
78,000
$264,632
—
from
can
962,816
p.
77,227
$336,197
71,565
4. Texas Gas now has
chare-es
167,
1948—12 Mos.—1947
$1,271,596 $17,659,348 $15,090,675
658,869
9,061,981
7,162,785
156,977
2,145,457
2,125,466
328
Construction
100
1,648,568
$90,832
5,976,500
income
Co.—Earnings-
$336,197
existing
Memphis
and
companies serving areas
2693.
___
167.
94,000
dividend
pipeline
100
12,135,393
1948-r-Month—1947
rev.
S;
through
Cantaxin.—V-
112,180
revenues
mission
$2,982,106 $15,872,779 $12,631,207
>
$525,666
'•
medicines
and
Agreements—Seeks to Construct 840-Mile Pipeline—
■■
100
1948
p.
infant
of
Betaxin
170,175
Misc.
the
Verona
Texas Gas Transmission Corp. — Financing
Program
Sale of $60,000,000 Funded Debt—Bank Loan
300
438,970
revenues
*Loss.—V.
1948,
167, p. 2693,
Markets-
to
reserve
income
The
>200
Co.—Weekly Output—
for the
made
Includes
3,500
-
Thomas & Co
Harold E. Wood & Co.
408,016
operating income
charges
Earnings
Southern Colorado Power
Electric output
another Sterling
Special
was
1948—Month—1947
—.
.
500
Hutzler
Incv ^——
$
after
—V.
rtaled
of
its
the
Winthrop-Stearns line, Dr.
emphasized that the company 1st
field
Drisdol,
taxes
-
200
Sterne, Agee & Leach...—Z.
$4,033,025
charges
*Deficit.—V.
$9,750,604 $67,649,676 $52,995 982
35,096
248,335
170,561
—
Kolb's
General
direction.
At
to
781,079
Balance
1,000
Inc.
—
;
vitamins,
as
-tV. 167, p. 2366.
300
1,000
1948—Mon-th—1947 V>:1948—4 Mos.—1947
$4,039,928
$2,986,348 $15,897,936 $12,650,897
6,903
4,242
25,157
19,690
after
Net
Co.—Earnings
1948—4 Mos —1947
inventory
$1,493,631
sity,
3,099,343
addition
expenses
Preferred
by
Southern Bell Telephone &
Telegraph
Period End. Apr. 30—
this
revenues
oper,
Net
| 250
''
Operating revenues— $18,179,711 $10,149,329 $71,170,817 $58,039,775
Operating expenses
J4,957,743
9,261,407
57,537,824
44,866,631
Operating taxes
1,890,350
884,751
7,917,778
7,295,133
2473.
chemicals
Gross Income
167, p. 2299.
Uncollectible
deducting $150,000
Mr.
charge of
Other income
$
781,613
requirements.
related
products,
100
Wyatt, Neal & Waggoner
Period End. Apr. 30—
$588,447
937,925
under
in
Klumpp, President,
represented in
the
products
Federal
Southwestern Bell Telephone Co.—Earnings-
Available
subsidi¬
„
Property retire,
appropriations
150
*
Co
Chas. W. Scranton & Co.—
500'
Operating revenues—
Operating expenses
Operating taxes
Not
*$1,391,811
share
dividend
:
" '*-•'* p
$9,277,349
$1,616,664
—
outstanding
preferred
contingency
1,157,400
vanillin
of
Vice-President
as
Inc.,
Texas Electric Service
200
Operating
revenues
Uncollectible oper, rev.
1946
.
937,925
—
&
& CO._———
Salomon
1,000
_
Period End. Apr. 30—
.
:=
G.
well
$12,750,000
Subs.)—
2,477,311)
W.
.
Period End; April 30—
Scott, Horner & Mason,
■■
750
150
operating income
Operating
profit
per
1947
2,774,064
—
—
Common shares
♦After
(&
$18,816,236 $15,060,654
income
taxes
Earnings
Carpet Co.
P.
a
Operating
Operating
Southwestern Associated Telephone Co.—Earnings-
<
—
before
Newton
Wm. E.
200
———-
earnings (est.)—
—V.- 167, p. 2693.
it
Quarter Ended March 31—
rofit
Milhous, Martin & Co
Week End. June 14
1, 1937 to Dec. 31, 1947, the adjust¬
by $856,044. Thus the FPC order increases
Smith
them
remains
Int. and other deducts.
100
_
Co
after
Net
Net
Co.__
Gross
2692.
Jayne's
p. 2583.
200
Roger S. Palmer Co.—,—
Phelps, Fenn & Co._—
,
Jan.
p.
such
pur¬
Southern Ry.- -Earnings of System-
/' 1
-
and
($000)
300
$432,504
$2.02
Net
$3,107,812 the total excess over original cost eliminated from the
company's electric plant account since the Uniform System of Accounts
167,
be
500
-V
— —
to
became effective.—V.
to
250
.—„
A. Evans & Co.,
Inc;:w—-i————•—
$642,504
210,000
surplus
Powder
manufactured
announcing
were
company
period
accounts
severally
R. H. Johnson & Co
250
—_
was announced on June 15, has
to eliminate $2,251,768 of excess
over original
cost from its electric plant accounts. Disposition is to
be made by charges of $1,255,293
to "earned surplus account"
and
the balance to "reserve for depreciation account" of
electric plant.
of
bonds
of
Otis
I
The
In
the several principal underwriters
The Ohio po.——i.
Cq
&
Operating revenues—
Operating expenses
Operating taxes
102,990
$667,250
To Make Accounting Adjustments—
approved proposals
of
M.
—
$745,494
8,720
——-
Baby
food
already
giving effect to the issue
outstanding 1%% notes and 2ft %
serial notes in exchange for presently
—
Period End. Apr. 30—
7,009
$59,681
$50,189
Preferred dividend requirements—.
Balance
Co
Operating revenues
Uncollectible oper. rev.
$738,485
...
.
is
Theodore
303,293
$68,487
:
asso¬
Inc., pharmaceutical manufacturers, entered the
preparation field on June 11 as it began to market
refined carbohydrate.
This product was originally intro¬
duced by H. W. Kinney &
Sons, Inc., of Columbus, Ind.
Southern New England Telephone^ Co*—Earnings—
287,862
23,300
Y
Cartose,
at
197,679
311,625
T.
distributor
market
to
aromatic
Other taxes
W. & R. C. Miller & Co.
—V,
Net
<fc
Johnson, Lane, Space &
Co., Inc.
—V. 167, p. 2583.
'
204,089
been
Unit Enters Infant Food Preparation Field—
Outstanding
•.
150
Hayden, Stone & Co
4
.
16,952
sole
Kolb
Mr.
the
N.
infant
FINANCING
E.
284,141
24,511
29,900
$61,709
,
income
Income
Broome
Harrison & Co.
$3,236,867
1,425,405
299,892
Co
———
25,961
—
income
oper.
■'
Divisional
has
by another Sterling subsidiary, the Salvo
Chemical
Corp., Rothschild. Wis., and is distributed in 5, 25 and
100-pound containers. Mr. Kolb announced there would be no change
in the present method of
distributing vanillin and related products-
after
amounts
Graham, Parsons & Co
Pacific
19,782
—
v.
17.990
NEW
E.
Este
/
$3,693,406
1,772,080
107,857
22,956 '
accruals
reserve
and
General taxes
-
is
Clement
:
1948—12 Mos.—1947
:$265,698
named
He
Division.
Vanillin
follows;
&
HirSch &
revenues
B.
Winthrop-Stearns
of
York,
of
names
R. S. Dickson & Co., Inc.
Elkins, Morris & Co
Co.
.
been
has
Co., Newark, N. J., with which C. K. Wellenkamp, former
Drug Vice-President, has become associated.
Offices of Gen¬
eral Drug Co. at 644 Pacific Street,
Brooklyn, N. Y., are being dis¬
continued, and its headquarters will be at 170 Varick Street, New
mortgage,
principal
are: as
Courts & Co.
SIncludes 11 shares
ACCOUNT
TO
Cohu
mortgage, without limit in amount except as from time to time
by law.
tAs of May 31, 1948, there were $1,000,000 of such
notes outstanding, all held
by The National Shawmut Bank of Boston,
tlncludes one share reserved for exchange of outstanding stock of
Sierra Pacific Electric Co., former parent of the
company, which was
1948—Month—1947
has
Division.
and
Chemical
properties,
150
Burr
the
Operating
its
Company, Inc
750
Byrd Brothers ——250
§226,584 shs.
Sierra
1931
General
294,000,000 to 420,000,000 cubic feet
capitalization
prepayment
respective
Allison-Williams
limited
INCOME
to
($000)
♦Bonds of any presently established series (in addition to those to
outstanding upon completion of this financing) and bonds of any
subsequently established series may be issued by the,company upon
authorization by the directors thereof, subject to the restrictions in
COMPARATIVE
additions
EFFECT
Halsey, Stuart & Co. Inc.— 14,350
None
135,000 shs.
said
the
chased; by each
3,500,000
be
Period End. April 30—
Sale
sinking fund at prices scaled
of
continue
time
Industrial
975,000
i
•
promissory notes due July 1, '48 t$l,000,000
6%. cum. pfd. stock, $100 par value-..
35,000 shs.
Common stock, $15 par value
226,600 shs.
consolidated with the company as of July 31, 1937,
reserved
for exchange of
outstanding stock of
from
or
GIVING
UNDERWRITERS—The
>
l'/a 7o
Electric
construction
notes, and the issue of 2'/2%
outstanding 2% serial notes.
'$3,000,000
* i
...
the
of
will
same
subsidiary,
to $150,000,000 principal, amount
outstanding; issuance of bonds in addition to $28,amount
to be outstanding will be subject to the
time
one
any
NOTE—The
FINANCING
'
1970)
the
000,000 principal
restrictive provisions of the
Outstanding
.
Series
bids
*Authorlzed amount Is to be limited
,
EFFECT
operation
42%,
.
GIVING
Other
the
years
,
net
;
100.22713.
mortgage pipe line sinking fund
bonds, 3% series due 1968,——,
*
$28,000,000
notes, due Sept. 17, 1949—$5,000,000
:
•
2ft % notes, due May 1, 1956,
,
i
9,000,000
2% serial notes, due Nov, 1, 1948 to
May 1, 1956
13,500,000
2%% serial notes, due Nov, 1, 1948 to
May 1, 1956
—11,550,000
11,550,000
Common stock, par value $7.50 per sh.
1,500,000 shs.
1,409,212 shs.
proceeds from the sale of the new bonds, esti¬
$3,472,896 (after deducting expenses of approximately $46,000), exclusive of accrued interest, will be applied toward financing
construction costs of the company, including payment of $1,000,000 of
ribtes of the company issued to The National Shawmut Bank of
Boston
to
obtain
funds for such purpose,
and for other corporate
purposes.
'
n<
''
",
*
of
1%%
at
CAPITALIZATION
the
bid
a
First
Redeemable at the redemption price ranging
account of the sinking fund from 101%
•
Campho-Phenique, Z.
many
Drug
on
Authorized
100,
mated
by
Manager,
since
Winthrop-Stearns,
for
and
21
First
to 100%.
CAPITALIZATION
principal amount of bonds of the 1978 series theretofore
outstanding at any one time prior to Feb. 15 next preceding such
March 31, after deducting therefrom the aggregate principal amount
the
June
were:
per day,
aggregate
bonds of
For
facilities to increase the delivery capacity of its system.
company intends to increase the rated capacity of its pipe line
system for delivery of gas to distributors and direct industrial con¬
Chamberlin, Boston, Mass. is co-trustee.
of
sale
resources,
Sales
Centaur-Caldwell
products.
including
$3,500,000.
England Trust Co.,
and
The
company
subsidiary. Mr. Hill simultaneously disclosed the sale of this
ary's inventory of aromatic chemicals other than vanillin and
June 23
on
The
April 1, 1948;
Initially authorized and Issued,
Fletcher C.
New
Offered—Halsey,
PURPOSE—The company will apply $14,000,000 of the net proceeds
the payment of Its 1%%
notes due Sept. 17, 1949 and its 2ft %
due May 1, 1956, and the
balance, together with other of its
cash
first mortgage bonds will bear interest from
April
Co.—Bonds
notes
•
,
3%s.
for
100.03
*
,
100%
from 100.76%
General
of
the
James Hill, Jr., President of Sterling Drug,
Inc., also announced that
P. Val Kolb has been elected Vice-President of
General Drug Co., a
Boston Corp., 101.6599 for V/bs\ and
Blyth & Co., Inc. and Kidder, Peabody & Co. (Jointly), 101.45 for 3'/8S.
The new bonds will be redeemable at
prices ranging from 103.75%
Stuart & Co. Inc.
first mortgage
and accrued interest.
awarded
was
the
at
Gray,
with
Cream,
$28,000,000 first mortgage pipe line
bonds, 3% series due June 1, 1968, at
fund
issue
The
position, Mr. Whidden will have direction of all
within the continental United States.—V. 167, p. 2692.
sales
Gas
100%% and accrued interest.
new
Nil
3120.
p.
complete charge of all
sales of the following
widely advertised products: Chas. H. Fletcher
Castoria, Dr. Caldwell's Laxative, Midol, Ironized Yeast, Mole Shaving
publicly
sinking
234,000
$0.25
v
Vermifuge.
Natural
Stuart & Co. Inc. and associated underwriters
offered
E.
ciated
167, p. 2365.
Southern
,
*$11,476
234,000
outstanding
share—:—
per
Sterling Drug, Inc.—Promotions by Units—Subsidiary
R.
Theodore P. Gould has resigned as Vice-President of this corporation
to
$58,857
shares
Vice-President
Net income 1
*11,476
36,074
Sells Its Aromatic Chemicals Inventory—
'
422!
1947
$564,17S
taxes
taxes
*Loss—V. 162,
.
——
income
profit
Earnings
'
-
Federal
income
Capital
1,773
18,602
Net
disct.
,
*
before
Federal
;
1948
$750,087
94,931
sales
Profit
$1,884,001
252,450
debt
debt
of
$8,265,035
784,862
Quarters Ended March 31—
for
charges
—V. 167,
7,200
expense
Other deductions
Balance
65,582
7,200
-
long-term
Amortiz.
and
68,904
167,581
Steel Products Engineering Co. (& Subs.)—Earnings—
$9,409,178
4,589,772
taxes—J
income
on
350,380
/
income
Gross
Int.
392,064
taxes
Federal
3,131,846
170.523
Monday, June 28, 1948
1948—12 Mos.—1947
$761,759
of
plant
adjusts
CHRONICLE
—Earnings—
1948—Month—1947
depreciation-
14,288,310
General
ry.
FINANCIAL
$809,534
--
expenses
2,724,276
$6,921,047 $31,502,737 $27,563,182
$7,784,313
Net
April 30—
revenue
16,893,743
.
&
Southern Indiana Gas & Electric Co.
1948—4 Mos.—1947
$8,363,842 $37,693,669 $34,196,135
1,270,697
5,721,760
4,983,557
1,462,884
6,162,958
5,905,641
$9,558,340
1,470,518
revenues
COMMERCIAL
charges
Net income
—V.
167, p. 2140.
•
■
6,741
93,948
17,717
37,561
$605,648
„
$572,527
$2,425,662
78,674",
$2,311,813
61,337
313,937
271,435
$666,985
;
$666,475
$2,739,599
$2,583,248
7,660
7,475
34,529
36,013
226,197
231,575
907.845
928.066
$427,935
$1,797,225
$1,619,169
$432,618
"
'
V:>■"
V-.
'
Volume
Holders
Incorporated—Sells Esmond Real Estate—
Textron
to
has
L,
the Esmond, R.
present production.
operate
out
run
'
corporation
*
principal,
time
some
prior
Total
*
31—
operating
revenues—
Total
operating
expenses—,
Total
'
>'
—
;
future.*'
nea
This
$5,603,864
5,319,666
623,929
operating income—.
non-operating income—
Total
income—.
gross
„
loss
Net
♦Loss.—V.
The
rock
-
The
its
opened
to
serve
new
customers
in
plant
A
the Eastern States."'
five months of
Sales for
of $1,200,000
17.
"
1V2%
wage
increases
since
expended
forcing
of the
end
the
Transcontinental
F.
industry
place
to
of
present
the
of
the
the
terms
of
Hughes Tool Co., representing a
ago to TWA, Hughes Tool
stock of TWA at any time
by
over
notes
into
a
elected
Institutions
holding
other
of
obligations
share in
per
finance
to
at
always
this
change
June
30,
stockholders
V.
Net
Income
new
has
7
'V
tax
Preferred
dividends
\
32,143
$1.54
,
Earned per common share--
•Deficit.—'V.
i
^
"
167, p. 476.
May
the
that
Y.
■
recapitalization
effective
call
is
been
fund.
on
Aug.
of
24
1,
has
reflected
167,892,.
of
the
at
105
bonds
which
have
approved by
was
each
194&,
16,
% 1 v.^
77
•;
of
record
168,056
of
stock,
A
share
stock-';
on
>
,
'
•
along
,
i
'
'
I
.
1
?*,
*
I
!
May 7,
by
of
new
making
product
under
of
the
1948, there
since Nov.
Nil
y;
_....,
*
: -
*v
v,;..r'
'
•'
■
'
'
7
.
to
Equip. Tr. Ctfs,
company
instalments" over
7
in
a
'
1
,
Commission
Application has been made to the Interstate Commercq,
authority to issue said certificates.—V. 167, p. 2474.
for
. >•
Wisconsin Electric Power Co.—Secondary
share, net.
Dealers discount 30 cents.
The New York
Stock Exchange did not approve member participation.
—V. 167, p. 89.
Wisconsin Gas & Electric Co., Racine,
crease
The
pany
part
area
authorized this com¬
temporary rate increase that will yield $85,500 more
Public
to make
a
month.
Service
Commission
has
'
•
subsidiary of Wisconsin Electric Power Co., serves
of Milwaukee and communities along the Lake Michigan shore
from Cudahy to the Illinois State line.—V. 167, p. 89.
company,
a
Wisconsin Power & Light Co.—Paying
The Bankers Trust Co.,
Agent—
New York, N. Y., has been
appointed paying
the First Wisconsin Trust Co. for $3,000,000 first mortgage
1, 1978.
(See offering in V. 167, p.
agent with
bonds, series B, 3Vs%, due Jan.
1090.)—V. 167, p. 2694.
x \r
- )
Wis.—Rate In¬
Authorized—
Wisconsin
This
had the
11
'
each
make any
Increase—
Offering—A
secondary distribution of 26,700 shares of common stock
was made on June 18 by Blyth & Co. at $17.621/2
per
_
Unfair Competitionagainst Admiral
Corp. and Continental Can Co., Inc., charging that Admiral had
"copied,
Imitated, and appropriated" the design of Zenith's fast
selling "Zenette" model portable radio, according to an announcement
on
June 15.
77.'7'77:.
'
The suit
charges unfair competition, and alleges that the public
will be deceived by this close imitation of the popular
Zenith model.
Zenith Radio Corp.—Charges
This corporation has
April 22, 1947.—V. 167, p. 2584.
Corp.—New Product—
this corporation composed of a plastic sheeting
of fine grained leather will be advertised and
of "Kalistron," according to William
Zenith
The
has
for
asked
suit
attorneys
Flexwood-Flexglass Division.
filed
was
for Zenith
just filed suit In Federal Court
an
injunction.
by Irving Herriott
Radio Corp.
- -
and Charles O. Parke,
-
as
appointed Assistant Advertising
Manager of Zenith
Radio Corp., H. C. Bonfig, Vice-President and
Director of Sales, announced.
Mr. Sicklnger came to Zenith from the
radio
division of Stewart-Warner Corp., where he was Advertising
Kenneth
Sicklnger
W.
has
been
s
Manager.-
States Radiator Corp.—New
United
C.
167,
Haas,
Secretary,
2694.
p.
-
has
also
Vice-President—
been elected
a
J Acquires Farnsworth Television Rights—
Vice-President.
view
of
the
fact
of California has
Co.—Ruling on Dividend—
that the Commissioner
issued
a
of Corporations of the
permit authorizing issuance
of shares
stock dividend on the $10 par capital stock of this
company, payable on July 1, 1948, at the rate of one additional capital
share for each two shares held on June 21, 1948, the New York Curb
in
being
.
payment
of
McDonald, Jr., President, on June 14 announced
negotiations with Farnsworth Television & Radi
Zenith has acquired paid-up rights to build hom
receivers under all of Farnsworth's patents and pendi
applications for the entire life of the patents concerned. The pay
ment involved was not disclosed.
l
r--\ '*■
a
Exchange will quote the capital
stock "ex" dividend on June 30,
1948.
E. F.
Commander
the
•
Universal Consolidated Oil
In
State
Payment will be made at the office of Irving Trust Co., trustee,
...
•
period of ten years.
The proceed?
will be used to finance not more than 80% of the cost of new equip-:
formerly known as Blanchardized Vinylite, Is manufac¬
tured by Deco Plastics, Inc., in which The Mengel Co. (Louisville) and
United States Plywood Corp.
(New York) each recently acquired a
one-third interest.—V. 167, p. 2367.
-
redemption on Aug. 1, through the operation of the sinking
Wall St., New York, N. Y,/
v'
has $20,000,000 of debentures due in 195i
1971. This comprises all the present authorized
has
shares
semi-annual
trade name
Sheffield, Manager of the
f
company
appearance
an
marketed
.
■
approval and the
be sold to the
will
has issued invitations for bids to be received July
for $3,200,000 in equipment trust certificates, which are to mature
holders of this company's common stock has in¬
than 1,000 during the past year.
reports there were 7,695 holders of its, SI par value
March 29, 1948, the latest date for which figures are
United States Plywood
authorize
Wheeling & Lake Erie Ry.—To Issue
more
as
the
company
The
of
number
to
also filed with the SEC a registration statement
be .offered employees under a payroll deduction
plan. Mr. Price said the company planned to set aside 900,000 shares
for this- purpose on a proportional earnings basis.—Y« 167, p. 1965.
The
ii#777!
'' \
United States Lines Co.—Stockholders
company
special
shortly before the offering.'
$30,000,000 due in
covering
available to all American homes at
the cost and quality of our mer¬
<*,
,
'
by the directors and awaits stock¬
meeting July 12.
At that time the
a
proposal to increase the
approved
.
debentures
Indebtedness.
with
V
'
in new long-terra
and Exchange Com¬
A. Price, President.
June 18 stated that
could be made most widely
prices consistent with
'
a
asked
stockholders'
the
present
At
and
record May 3, 1948, totaled
"As yet, neither the company nor our attorneys have
opportunity to study these charges. Consequently, we cannot
further detailed statement at this time."—V. 167, p. 890,
,
at
be
the Securities
with
indebtedness to $150,000,000 from $50,000,000.
determined
Paper
,
24
effective date of the
public through under¬
writers about the middle of July.
Proceeds £^re to be applied to pay¬
ment of $80,000,000 in bank loans which mature in 1951.
The new
debentures will be convertible into common stock at a price to be
against us relate to alleged
construed by legal specialists
only be determined after a fair trial in our courts.
The Wall
been
has
will
Subject- to
1
.
June
to Gwylim
approval
statement,
which
company
action
company's
Stockholders-—
this corporation
week
12.34%
of 1947,
■
$8,000,000
covering
statement
filed
was
stockholders
4 ■;
.
•
;J-V*
,7"v "
registration
holders'
of
"Plans directed toward that goal were filed with the Department of
Justice by the Institute shortly before V-J Day.
Materialization of
those plans in the post-war period has held
down prices at which
wallpaper is being offered to the consumer to levels well below those
otherwise warranted by the increased cost of operations. Those plans
now
constitute, we are informed, the basis of one of the charges
against this company as members of the Institute.
„
A
are
t
'
1948 totaled 104,501,000 kwh., an increase of
of 93,008,000 kwh. for the corresponding week
19,
ment.
President,'on
Yates,
June
mission, according
common
..
chandise.
The redemption
or
Appointment—
output of the electric properties of this company for the
debentures
164 since Feb. 6, 1948.
On
stockholders, a decrease of
of
decrease
a
were
lowest
the
John
been
-
to J. A. LaFortune, Executive Vice-President.
Mr. Carney
formerly Assistant to the President of Shamrock Oil & Gas Co.
Amarlllo, Texas.—V, 167, p. 2367.
"7
167, p. 2694.
167, p. 2584.
member of
paper
*$328,603
~
»'
Westinghouse Electric Corp.—Plans to Issue $80,000,000 Convertible Debentures—Files With SEC—
/ /••;
as
available, compared with 6,674 on
.?
2,938,42*..
$1,65
2,938,504
$1.64
Carney has been appointed Manager of the gas division,*
R.
—V.
v
many other wallpaper manufacturers is
Institute. The objectives of that organi¬
zation have been, through research and analysis, to constantly improve
wallpaper, and to improve production and distribution methods. This
work has been undertaken to the end that the advantages of wall¬
"This
Cr201,300
32,143
$0.64
and interest.
shares outstanding
of common stock
1,447,355
2584.
p.
the output
been
7, -1947.
charges
and can
a
*
1948
$4,854,826
stock
common
over
have been made
technical violations of the law as closely
"The
notifying holders of its first mortgage 3%% bonds
1967, that it has called for redemption all of these out¬
exclusive
called for
One
1,
$4,832,562
for
167,
ended
the company has
charged along with other wallpaper manufacturers with viola¬
of certain of the Federal Anti-Trust Laws. He said:
tions
notes of
.
bonds
$6,302,181
This
which
an
William H.
Union Terminal Co.—Calls 3%% Bonds—
Feb.
$6,279,917
1,447,355
*
West Penn Electric Co.—Weekly Output—
^Uhited' Wallpapei','"Inc.^Charg0d With' Violations—
The company is
standing
$620,563
Power
.
due
$353,353
income
141,8lc
2,085,67<
according
\
June
on
7777^*■5'■""viM"it-
—V.
;;
5,935
173,428
(net loss)
amortization
Warren Petroleum Corp.—New
Kalistron,
•
$8,529,66g
1,670
219,479
$8,563,734
82,932
2,200.884
Bernard
Director
preferred
$4.25
new
increase of 222 since Feb. 2, 1948. On Feb. 2,
75,755 preferred stockholders,
an
increase of 309
were
Bankers Trust Co., New York, N. Y., has been appointed New
paying agent and registrar for $25,000,000 3% debentures due
1. 1968
(see
offering in V. 167, p. 2366).—V. 167, pp. 2584
and 2694'.
$799,926
•
:
the board of several
member of
a
stockholders of this corporation
3, 1947.—V.
Union Electric Co. of Mo.—N. Y. Paying Agent—
The
York
also
is
stockholders
Nov.
since
75,977,
_u
$332,700
,
He
Vs -.'
>■
-
there
1948,
6,
Preferred
-
•
3,430,9<X.
$574,501
revenues
income
—V.
requested
21
Barnhardt
number
1948,
Feb.
1948
•?.
$760,059
3,730,788
Earnings per share
*$529,903
Cr200,000
...
•
—
of
7 *7
common
1947
N.
plan
became
common
The
adjustment
profit
693,16c
3,129,62-
295,763
Balance
United States Steel Corp.—Number of
Notes—
$214,000
81,300
York,
H.
;•
The
Co.—Earnings—
"V*V-
Net
167, p. 2584.
elected to the board of directors. }•
follows: Alfred Appel, Charles Blount,
Jr., Theodore Boettgei;, Guy T. deSimone, Norman S. Goetz, John P.
Maguire, Morris Natelson, Ramon Siepilnski and David Van Alstyne,
Jr.,—V. 167, p. 2094, ,
- *
1 \
The
1948
279,856
316,597
Preferred dividend requirements..:
;•
William
.
....
150,458
693,168
2,995,209
and
Net
but
the
Other directors were
TWA.
after charges—
$1,235,059
Federal income tax
——475,000
v
1947,
New Director Elected—
up
profit
*
May,
from
scrip
under
the
and
creased
Twin Coach
Int.
shares
announces
and
stock
which is very advantageous to the company."
1948 has been set as the record date for determining
entitled to notice of and
to
vote at such meeting.—
3 Months Ended March 31—
2,956,092
57,764
oper.
Other
passenger
old
6%%
preferred stock is changed into one share of new $4.25 pre¬
ferred stock and nine shares of new common stock.
Each old share
of common stock is changed into one-third of a share of new common
the hope that the company will be in a better position
the appropriate time. Any outstanding conversion right
-
revenue
Dye Works—New Securities Ready—
Piece
New
Under
"A little over a year ago Mr.
167, p. 2584.
enabled this cor¬
miles in
sales. This
of a year
(DC-6's)
300's
110,469,000
companies, Southern Bell Telephone & Telegraph Co., and
Greenville, S. C.—V. 167, p. 2366.
;.:7.. *7.7.77
' V"•vV*7 **>."->.•
stock
holders
a
•
director.
a
issuable
Street,
handicap in undertaking public financing and we hope
that the necessary approvals will be obtained to enable us to complete
is
3,176,459
57,764
plant
taxes
Net
certificates for fractional shares of common
plan of recapitalization are now available.
Stockholders should present certificates for the old 6%%
preferred
stock and common stock for exchange at Bankers Trust Co., 16 Wall
Hughes came
to the rescue of TWA with a $10,000,000 loan convertible into common
stock at any time up to 1956. A few months ago he voluntarily gave
up his right to collect the debt and proposed to satisfy the loan only
out of common stock. Now the directors are proposing that the con¬
version into common stock be made immediately on the basis of $10
Pierson further said:
Mr.
259,600
adjusts.__
income taxes...
Federal
estimated 5,059,210 revenue airplane miles
compared with
5,181,455 in May,
1947, and
June
on
corporation
stock
year
common
343,327
of
acquisition
Union-Buffalo
common
loan in that amount
Co. can convert the
to June 2, 1956 at
tlie average closing price on the New York Stock Exchange over a
10-day period before conversion. He stated that so long as the un¬
certainty of the time of conversion exists it will always constitute
a handicap
to equity financing by TWA in the future. Consequently,
the company has made a proposal to Mr. Hughes which would bring
about the immediate conversion of all of the notes into common stock
at $10 per share upon approval by the stockholders and the financial
held
TWA
1948—12 Mos.—1947
275,914
Amortization
Symmes of Greenville, S. C., Chairman of the board of direc¬
Mills Co., President of Piedmont Plush Mills,
and
Treasurer
of
Nuckasee Manufacturing
Co., has
W.
United
Increase
$10,000,000
the
ACCOUNT
$3,663,605 $46,586,446 $40,981,197
1,676,231
23,994,793
19,189,002
294,465
3,432,294
3,052 73
2,210,212.
Depreciation
the Liberty Life Insurance Co., of
V.;*.;;y*•
vvv
of conversion into common stock
held by Hughes Tool Co. of which
basis
company
Howard Hughes Is the owner.
Mr. Pierson said that under
made
one
President
new
Western Air, Ind, —To
&
Mainliner
additional
37,500
other textile
meeting of stockholders will be held on Aug. 10, 1948 to
Increase the authorized common stock to 4,000,000 shares, according
to an announcement made on June 18 by Warren Lee Pierson, Chair¬
man
of the board. The stockholders will also be asked to approve a
notes
of
An
May,
company
of
is now completed and no
except for normal addi¬
war,
with
estimated
April.
in
[K.j.?./-7'V
special
of
rate
would be
investiga¬
17 has been com¬
June
on
above April's total of 90,644,271.
miles flown were off 2%%
been
share on common stock,
Capitalization and Modify Conversion Terms of
TWA
Allentown, Pa.,
airplane
and
243
of
the
at
Maintenance
near
an
over
tors
equalled last year's record aver¬
M. Sears, President, preported on
capital expenditures are contemplated
and replacements, Mr.' Sears said. A
modification
stock
the
United Merchants & Manufacturers, Inc.—New
model light weight
pallet truck will be introduced soon as an addition to the present
line of 10 models of 1,500 to 15,000 pounds capacity.—V. 167, p, 1263.
A
offered
INCOME
1948—Month—1947
$3,928,773
revenues
was
*
emphasis on reducing material-handling costs, he: added. s>vi
The company's plant expansion program,
on which $1,350,000
tions
COMPARATIVE
in
167, p. 2366,
are
Public
the
Period End. April 30—
authority from the SEC to
of the common stock of Continental
Gas & Electric Corp.
The cash consideration for such purchase will
be $1,500,000, and is to offset a similar amount expended by Conti¬
nental in the recent purchase of 150,000 shares of additional capital
stock of Iowa Power & Light Co.—V. 167, p. 1853.
This
acquire
1948 have
Lester
for
Average number of common
profit was $1.11 a share for five months ended May 31, Mr.
said, and in the first-half of 1948 will approximately equal the
$1 .32 a share earned in the preceding six months. The company has
attempted to hold down the prices of its lift trucks although having
to meet advances in its own purchases of materials and
labor, he
said. New orders are at satisfactory levels and the outlook is favorable
been
be
to
bids
Operating
Operation
United Light & Rys. Co.—To Increase Holdings—
Net
large
by
are
4,994,018 in April this year.—V.
Sears
general
Inc.,
Engineers
the
purposes.
are
service
flown
were
shift.—V. 166, p. 2216.
June
because
Service Corp., at its office, Room 503 ! 90
N. Y., will until 3:15 p. m. (EDST) on June 30
purchase from it of sufficient shares of common
stock
of the
Virginia company to yield to the Engineers company
the aggregate price of $900,000.-
five held.
fly
to
Revenue
up
Declares 30-Cent Dividend—Sales
month,
a
purchased
on June 22 made a
shares common stock,
60,000
St., New York,
receive
stock, any unsubscribed por¬
an underwriting group headed by
for capital needs, debt retirement
sale of
Offering-^
Securities Corp.,
Dealers' discount 60 cents.
Other
and 22%
ago
payable July 1 to holders of record June 23. the same amount as was
paid April 1. In the corresponding period last year two dividends of
25 cents each were paid, the total for the year being $1.35 a share.
age
& Webster
Broad
,
the
Co.,
accident
Expanded
on
The directors voted a dividend of 30 cents a
dividendL—V, 467,
stock
Bids for Stock to Be Received June 30—
its offering of 369,618
be offered stockholders, it
.
High—Earned $1.11 in First Five Months—
:r
be
&
to
were
22.
by
corporate
the
of
The
—
the
distribution of
May, according to Harold Crary, Vice-presidents—traffic and
was
3V2% below the 114,548,573 revenue passenger miles
'•
recognition of increased earnings.—V.
Towmotor Corp.
June
will
each
poration
Corp.—Earnings Up 75%—
President,
Bryan,
from
May Traffic Exceeds April's—
June 21 said:
sums
to be expended for these purposes to replace reserves, maintain
During the past six-month period the company has contihued its
tictive program of development with a resultant further growth in earn¬
ings and reserves. Operating revenues of $348,467 represent an in-.
crease
of 75% over those for the same period of the preceding year.
Net earnings after preliminary computation of reserves for depletion,
depreciation and tax, are equivalent to 19.3c per share for the half
year, compared with 18.6c for the full preceding year.
In keeping with the company's program of expansion, it is regarded
as essential
that a substantial portion of these increased earnings be
reserved
for
new
development and property acquisitions. Increased
drilling depths and higher costs require that correspondingly greater
sums
be expended for these purposes to replace, reserves,
maintain
revenues,
and assure a continuation of corporate growth. With ap¬
propriate consideration for these requirements, the current increase
in dividend rates is, for the present, regarded as affording adequate
F.
resulting
at 17 net.
postponed
A.
tion
employ over 90 people, all from the immediate
opening output of the plant is 10,000 rock bits a
announced that they are up to this production now, work¬
Toklan Royalty
Curtis
share
secondary
Patterson, President, said the company feels It
"inappropriate to proceed with the proposed offering until
Rock Bit Division plant at the
west of the Mississippi, and in
Mount Vernon, N. Y., produces
full time day shift and a partial night
a
temporarily
shares, which
on
Ripley
for
W.
Normal
It was
Stone
recently recommended that a temporary
be given to Helicopter Air Service, Inc.
has
stockholders
share
plant will
new
operation
raised
be
other
The
New Plant—
-
one-half
Virginia Electric & Power Co.—Secondary
application for an
Chicago area. W. A.
the
in
service
pleted.
Canada.
and
bits for
locality.'
ing
Peak
Pikes
Mexico
day.
has
company
of
Old
to
which
of
and
167, p. 947.
Timken Roller Bearing Co.—Opens
foot
mail
examiner
common
announced
tion
♦$877,286
*$844,724
___.
the
company
Harriman
♦$326,047
551,239
*$149,994
694,731
—
deductions
Total
A CAB
for
additional
was
♦$339,731
13,684
♦$169,276
19,283
Total
air
Offering of Common Stock Postponed—
Funds
Total
each
2140.
The
482,976
r
helicopter
wrote the Civil* Aeronautics Board that "since
the time of the hearing, certain developments have taken place which
make it appear unwise for United to undertake this operation in the
i
$5,626,497
5,312,798
taxes
for
President,
Patterson,
1948—3 Mos.—1947
V
July 1, the company's Los Angeles transfer agent will mail cer¬
for the full shares of capital stock with checks for cask
In lieu of scrip or fractional shares at the rate of $20,78
payment
United Air Lines, Inc.—Withdraws Application—
Corp.—Earnings—
Third Avenue Transit
Period Ended March
11
tificates
■
-
■
certificate
;
On
may,
at their option, present their bonds
1948, and receive Immediate payment of the
and accrued interest to Aug. 1, 1948.—V. 167,
28,
This corporation has announced withdrawal of its
purchase
the
to
(2795)
bonds
June
premium
experimental
of the Esmond properties by
Textron, it was. stated, Esmond Mills had contemplated the discon¬
tinuance of operations at its Esmond, R. I., plant because of adverseconditions prevailing in the blanket industry.—V. 167, p. 2581.
For
CHRONICLE
p.
/
.
FINANCIAL
&
2694.
p.
15 in order to
until Aug.
properties
the
of
after
or
on
completed the sale to Cresent Corp. and its
affiliate, Smithfield Properties, Inc., of the real estate and machinery
at Esmond, R. I., and the machinery at Dover, N. H., which it re¬
cently acquired from the Esmond Mills, Inc., Royal Little, President
of Textron Incorporated, announced on June 23.
Textron will continue
This
COMMERCIAL
THE
Number 4711
167
completion
Corp. by
television
of
which
Corporation recently patented special tubes for th
reception of television, sound by frequency modula
announced-a revolutionary television development cfll}"
"Phonevislon,"—V. 167, p. 1737.
• •
• « •
-•:» "
y.
The
Zenith
transmission
tion
and has
and
12
COMMERCIAL
THE
(2796)
&
FINANCIAL
CHRONICLE
Monday, June 28, 1948
•
.
DIVIDENDS
Name of
>
Delaware
Dividends are grouped in two separate tables.
In the
Detroit Gasket
we
week
of Company
Air Investors,
/:/•/
yy
y
Inc.,—
5%
Corporation—
Pood
5 «/2%
Air Reduction Co., Inc.
Air-Way
Alabama
/■'/,/
(quar.)
Oil & Gas
Allrmania Fire
7-
6-24
Industries,
7-26
7-
8
V Elgin
8-
7-20
Elgin
2
6-16
7-16
50c
6-21
$1.50
.
1
6-21
7-15
7-10
6-18
Discount
Co.
6-30
7-21
7r
$1.25
7-
1
6-14
25c
(quar.)
7-
5
6-19
7-
5
6-19
6-30
6-15
(quar.)—*—
of
Ga.
7
50c
/ 25C
(quar.)
7-
preferred (quar.)___.—$1.12'/a
American Home Products Corp.
(monthly).
'
10c
7-15
Fall
■
6-30
6-30
(quar.)—y.*;.
common——______
4'/£>%
Co.,-6%'
Ice
American
pfd...——.—
non-cum.
American Light & Traction—
Detroit
of
share
One
Cash
shares- held.,
"fractional
of
•
-
-
-
will
for
be
at
shares
each
in
paid
the
75
$2
preferred
Watch
Co.
(quar.)**
(quar.)
Co.
(quar.)
for
7-14
7-
9
1st preferred
Wire
Arrow-Hart & Hegeman
Asbestos
Extra
Ltd.,
5%
Electric
Services
~
preferred
Mutual
Pitt
Light
8-
6
7-31
7-
9
7-9
y
75c
7-
6-22
y
*
'
•
$2.50
30c
(quar.)*:.*
:—
Corp., common (quar.).
0-
1
7-
.
1
6-16
•6-15
8-
37'/zc
1
7-20
.7--1.
6-22
7- 1
Trust
Fund
Co.
7-
1
7-
1
(San
(quar.)_
37'/a C
7-
1
6-22
$1.50
convertible
preferred
(quar.)
Manufacturing Corp.—
\
$2.25 preferred (quar.)———
Baldwin
*
•
Rubber
Extra
Beacon
7%
Associates,
Beaver Lumber
Common
Bell
7-15
:
6-24
35c
7-30
7-15
Gordon
7-
6-25
Gould
^
43 Vic
1
435c
of
7-
2
7-
2
6-10
6-30
6-30
7-
Gulf
6-10
450c
—
6-19
75c
7-
1
6-19 v
Boston
60c
8-
2
7-10
Edison
Co.
(quar.)
/
5%
preferred
of
50c
—„
Canada, Ltd.—
1
4$1.25
______
Broadway Dept. Stores (Los Angeles)—
Common (quar.)
Class B (quar.)
i—
Brush-Moore Newspapers, 6% pfd. (quar.)—
yZ 25c
■
——.
i
7-31
j
25c
8-
1
common———
Canada
$1.50
,•£
.7-
12yzc
com.
(quar.)
-
''
Gas
&
Alt -preferred
$1.12'/2
pfd.
Cleveland
Cleveland
Electric
Trust
of
N.
(quar.)
15c
Commercial
Co.
(s-a)——I
.
Consolidated
Dearborn
Consolidated
Dry
Consolidated
$3.75
common,
Continental
Gas
(Peter)
Products
7%
preferred
Cottreil (C. B.)
(quar.l
&
&
"
(quar.)
___
Electric
~
I""*"
25C
sons,
$4
Davidson
Da Vies
Chemical
Petroleum,
Deerfield
Glassine
(s-a)
Inc.—
Corp.
7-15
6-24
6-18
£
8-20
8-
5
9-15
.
■t.
6
6-19
1
10c •y
7-15
$1.05
—
Co
;
25c
41c
10c
7%
preferred
Lawrence
•
Lazarus
Gas
(F.
Leece-Neville
Life
,
7- 9
<
1
7-15
6-21
1
7-
Pan
2
6-
9
2
7-15
7-19
Brothers,
y
Co.
Lock
8%
Joint
6%
Pipe,
preferred
preferred
7-
9-10
7-15
7-21
7-
1,
8-1
7-
1
7-
1
(New
.
7-18
8-2
-.
..
'8-10
7-20
Reading
/ Reed
t
.
8-25
7-31
c
Wc
7-20
7-
E.)
Mfg.
:
-
'
•
6-30
6-30
6-30
7-
•
I
7-
y/.Z
6-21
1
6-216-16
7-10
6-30
8-16
•
8-
2'
•7-19
8- 2
7-19
6-30
6-23
7-29
15c
.6-30
Inc
7-6
6-23
7-26
$1.62 Ms
7-6"
7-10:
$1.25.
,
6-3&
58c
6-23
7- 1
6-23
7-
Or1.
,6-15
^20c/^-;7ii5/::
.<6-30
37y2c
6-24
/ 75c
7-23
25c
8-2
$2.50
"7~4
i
(quar.).
pfd.
6
'
:
z. <;;■?,
95c
(quar.)
$1.07'/
__v
(resumed)
10c
of
6-30
6-15
75c
7-20
7- 6
$2.50
7-20
7-10
,
Chicago
& St.
Louis
——
Z
Co.
1
6-15
7-15
6-25
1
7-15
7-
i2y2c
6-301
6-21
$1.25
7-16
7-
(quar.)
Colorado,
P
(quar.)
com.
■
55C
9-1
Ltd.,
5%
7-16
50c
7-21
8- 2
7-21
15c
/-•
7-15
8-2
50c
//_/.
£-12
25c
:_
—___
pfd.
8-13
8-25
425c
Engineering,
6
7-15
8- 2
•r
-
$1.06V4
7-
1
6-24
8-
2
7-15
(quar.)_
425c
common—
50C
7-30
52yzc
8-1
7-19
20C
7-12
7-
3c
7-15
7-T
8-
2
7-20
8-
2
preferred "(quar.)__
Association—:——
75c
93V4C.
;■
/'
•'
•.
p
(s-a)_
• ■
■
>
i
■
.
6
7-20
6-30
6-24
6-30
$3:,
Non-voting common. (s-^,)_
Dividend obligation (s-a)__—;
7-19
1%.;
$3
(s-a)_:
common
■■■>■;
25c
_____
(increased)—
Co., class B common
convertible
7-
10c
Ltd
&
6-30
20C
-
(quar.)
(Canada)
7-15
I2y2c
—J2 VzC
(quar;)
preferred
Co.,
Racing
9-
1
8-
8-
2:
7-20
30c
7-
1
40c
6-29
6-18
$1.50
7-24
;
pfd. -(quar.)i*/_.;
Corp. (quar.)
J
>
of
r/y56Vic
•7-1
6-19
50c
8-, 2
6-24
6-30
$3
6-24
6-30
6-24
>//':■:• 5c
7-10
7-1
$1
7-15
7-
8- 2
7-15
7-15
7-
6
$3
.:
7-20
7-
common
35c
(monthly)
7-.2B
7-
7- 1
6-19
$1
(quar.)
Russ
6-30
.
/
Sargent
/ Savage
$2
;
7-
1
10-
1
9*21
Fiith
.
.
:
Avenue.
dividend
&
,
,
-
40c
_
7-15
1
7-
2
7-15
7-
2
7-15
7-2
90c
Inc.
(accum.)—
(quar.
7-26
7-10
Corp.—
.7-15.
7-9
7-27
(stock
6-30
8-
7-19
25c
-
v
.
"
5%
_—
dividend)
20%
1
(Continued
-
40c
/
.
preferred
n——
Shops
Co.'__
:
■
50c
_
'•//25c
Corp
Distillers Corp.————
/
$1.25
$1.75
Arms
Schenley
6-21
$2
—
(quar.)
Consolidated Petroleum
Saco-Lowell
1
.
(quar.)___
(extra)
—
Building Co., 6%
Stock
6-19
,
Co.
——
preferred
Russek's
Ryan
/•'• $1.50
,
preferred
77c
6-18
1
&
Co.
Extra
/
6-30
75c
;
W.)
Riverside Cement, $5 preferred (quar.)—_
/ Rochester Button Co. (quar. )——_i.—-/•_/
Royal Typewriter Co., common. (quar.)——
7-15
ioc
Virginia^
(irreg.)
(quar.)
3
6-24
(H.
Rike-Kumler
7-15
y.
—
Rickcl
8<->3
;y 10c
-:
1___;
(quar.)
Co.—L——
&
1
4$1.75
(resumed)——
Co.
9-
;
6-10
15c
:
(New
/
7-30
7-30
8-16
50c
(s-a)_
3.8%
•
7-16 ?
:y
12y2c
Co
Co.
Electric
Voting
6-17
7-23
2;
7-16
7-20
50c
Company
Common
•
7- 1
6-22
7-
•
f
'7-1^
Rhode .Island
Orleans)
1 J5C
.
;
Insurance
_/
Rich's, Inc.* common (quar.)
y
3$»%, preferred - (quar.)
Richmond, Fredericksburg & Potomac RR.—
r
6-26
$1.50
•
y-jy
1*
—.___—
(C. A.)
Revere
8-14
6-30
s
-
$2
$2.10
6-26
7
..
6-30
$1.75
(quar. I
preferred series A (quar.)
Reeves-Ely Laboratories, Inc.—...
30c conv.
preference Xs-a)
-
6-30
7-
/
7-19
-
,25c
RR.
Co.,
Cincinnati,
preferred
Reitman's
7-. 5
7-14
8-1
$1.25
i-
Fund,
preferred
Power
Reliance
31
&
Service
4V\7c
'
_
(quar.)_
Package Corp
Northern Rv.l__
(Fred B.)
Quebec
6-25
7-28
25c
(quar.)
7-16
8*'2
'/7^16/
9-10: / 8-ii
r
(Milw.)—-
(resumed)-
(G.
Public
Co.
•■
//
,
(quar.)
Prosperity Co., 5%
6-24
10c
15c
_
•'
2'h 7.
y
_/
Insurance
Trenton
Prophet
7- >9
25c
__
8-
$1.50
Corp.—
Prentice
6-18
$1
6-24
&- 2
v
,
37V2C
'
^
•c*
Insurance
Plymouth Rubber Co
Pollock's Inc.- (quar.)__
Portis Style Industries
6-15
7-28
•
6-30
'
50c
RR.' (s-a)
6-15
2%
*.:7—15
*:
.
t
iUyy/y;75c -X 7- 9
' / 15c :v" 7-31/
(quar.)_____/_
Paper
1
6-30
7? 1
$2
(interim)..:
class. A
Life
preferred
Pittsburgh,
7
$2
6-25
;
■///'*
$1.25
,(75c-/;
common
preferred
Electric
Piedmont
8-20
7-
2
6-29
'.$1.25
6 7c
&
Common
50c
Steel—t-
Co.
•
12c
■
B
Investment
Cement
Pictorial
7-15
$1
7-1
1
8-
,y/V-$ly!
Bottling Co.'':;(irreg'/)y//iB
Manufacturing, 6% ;pfd.- (quar.)_—
Tilford, Inc. (quar.
4.3'/
7-15
$1.25
'
'7-
^
6-24
7-1
s
/ 4.4% preferred: (quar.$1.10
Philadelphia Transportation Co.—
1
8- 1
A-30
i*:: 7-15/
;
9714 c
Foundry ,(quar.)i_________r_
Participating
2
lO.c
.
6-22
56 Vac
1__
Philadelphia
6-22
8-
1
A
•/v 20c
(quar.)_y
.
9
"
preferred
Philadelphia
6-30
6-30
;
4-23
7-
7-
6-22 /
_
8-' 2' • /•'7-15 v'
■VP$ly,
Coca-Cola
Peerless
7-12
6-23
Park &
6-23
1
6-30
2
;/^15y
25c
American
Pautex
6-19
8-
.
8-
:>/v;y 50c
Manufacturing
Telecoin,
Panama
6-19
8-
6-25*'
6-3&.
7- -.ly
V$l.l8?/4
/:/eans)^, (s-a)'
7-24;
6-30
8 V
7-15
7-15
50c.
$1.25
(quar.$1.25
"common
Oil
Filters,
Pan-American
6-3.0
8-
5-10,
/
/
/• 8- 2 ; V':. 7-15
'•
i50C
Coast
Pacific
8
40c/
■
.-5C,-. /;
'
C6.f $5 non-cum. 1st pfd—
Pacific Portland Cement, 6Vi7c pfd. (accum.)
7-24
20c
Co., 5'/
United
Pacific
1
7-15
18c
•
:
1
Pacific Car Ac
7-15
8-14
$1.50
7-
./;
10c
5614c
pfd. (quar.)
Elevator Co.__
Otis
6-24
.8-14
-
quar )
1: - y ,6-21
/ 6-30'
preferred
Quarterly
Orangeburg
6-25.
•
•
-7-
./ 7-30
$1.25
Class B,
6-22
6-23
$1
Company
Insurance
8%
7-
7-
40c
conv.
Line Material Co.
Lit
*
2
class
Electric
R.)
&'Tire
8-13
8-
6-31
$1
_
>
-
,y
(accum.
preferred
Oliver
7-
'
5c
50C
-
37)/2C
:
(quar.) '
(N. Y.)
7-19
:
7-15 / ; 6-30
7-15 7-1
;
$5 non-cumulative preferred
(quar.)__^_/_ / $1.25
Oilgeari Company
25c
/Oklahoma Natural Gas, 'common!j—*
.50c.
4%% series A preferred (quar.) _________ $0.59375
f
7- 8
440c
Steel
4%%
8-13
/
1
;$1.25
Light (quai'.)__y
•„¥Ohiq Service Holding Corp.—*'
r
6-17
7-: l
6-25
8
"
6-26
7-30
6-30
7-31
2,
(quar.).____—
&
&
1
7
6-17
7-311
(s-a)__
preferred
Corporation
1
7-
6-30
37y2C
(quar.)—
Common. (quar.)
9-
7-20
-40c
/ 8- 2
:
7-15
V6- 2
93%c
Semi-annual..
Lake Dufault Mines, Ltd.
(interim)——, '
of the Woods
Milling Co., Ltd.—
9-
10c
6-21
7-15
6-30
15c
Texas
Illinois Corp.,
convertible
Oberman &
6-16
i '7-' 1
25c
•/
Lake
7-15
~
2c
„
convertible
6-30 ,-',.y Le Roi Co.,
Lee Rubber
/ 6-30
'
Z-' Sl
•«.
-
1
25c
•
/accum.)$3
Company (quar.)
=
'• /
25c
Knudsen Creamery Co., 60c
preferred (quar.)
15c
La Crosse Telephone
(resumed)
20c
La Plante-Choate
Mfg.— ■1
Latrobe Electric
7-10
1
7-
.''
preferred
Lanova
y
7- "6
(extra)
67c
7-
7-
7-
40c
•
_f
i—
Mo.
6-1.8
7-15
—I_IIIIHI
City,
1
30c
$1.25 :
•
(quar.)
Kalamazoo Stove & Furcace__
Kansas. City Fire & Marine
Insurance
7-
$1.75
6-21
/.
fr-
7-
2
7-12
2'ppi
•//;•*/7/
(quar.ryZ
preferred
series
Northwestern National
6-21
Co.
6-30
'7-26
System,
—
7
$1.50
(quar!)"!
Bridge
—
7-
90c
7-1
"7- '1
—
8-25
1':;
•
Central
67c
y
6-25
S5c
8-1
r
$1.50
y
y i
Light, 3.90'/
preferred
7y
i-
(s-a)y_/
Corp.
Nortfhern fitaies Power/Det)~
7'it preferred (accum.
■
6-23
35c
RR.
Northern Indiana Pub!ic Service-^5'/
preferred (quar.)
!_//
t
6-28
15c
Lafayette Fire Insurance
8r20
10-
B
Brothers
57c
7- 9
9-15
North
7-15
;7- 1'/.
.v25c
v
Association r(quar.)
Service_______;
Public
6t25
7-15
,
adJustment:;'pfd.^(,quar;)y_/*i_/_^/i///.///:25Cv/
Northern
-
6-29
7
1
2
_
6-23
8- 2
Kellogg
'
9-1
•
$1.62ya
•
_
Ltd
7-19
93 %0
—
Brothers,
6-26
y$l'
Co
Co.
2 y
'7-
•
6-26
7-
15C
■fy?
Norma-Hoffman-Bearings Corp.—
r.
'
/ /// '/.
-8 7'r preferred (qua^
/
North «fc Judd
Manufacturing (quar.)
r___
: 37V2-C-- ■
6
j
——.
Kansas
6-21
(qutTrlFH
pfd.
Zellerbach Corp., $4.20
pfd.
convertible preferred
(quar.)
Abbey
8-
1
7-1
25c
-
6
__!
6%
Crown
Cypress
7-
6-30
20c
Brownhoist
i:
6
r
—
Corp
'
(increased)
(quaf.);___
yKansas"City Structural
7-
7-
A 74 1-
Securities
7
8-1
7-
50c
>
9i
*7- 1.
40c
Brothers, Ltd. (Montreal)
Jersey 'Central Power 81 Light-^
A/fe preferred (quar.)
Johnson Stephens & Shinkle Shoe
(quar.)
Joyce, Inc. <quar.)___
6-30
8- 1
10%
.
Davidson
2
$2
•
•
6-21
6-30
(quar.)
Corp., common
Telephone
River
Class
Kable
1
$1
(quar.)
1
25c
"
•
(quar!!!!
(quar.)
&
10-
18%C
(quar.)——HI
_~~~
dividend)!!—I
Corps., 6V2% pfd.
Refining, common
Sexton
6-24
6-23
7-15 r
7-15
.
y
6-22
7-
47c".
6-10
6-30
*
8-
6-19
'
;
Edison
/Norfolk -& Western Ry.,
6-22
1
75c
Jenkins
'
9-10
6-30/
50C
Creamery Package Manufacturing (quar.)
Crib
ben
7-20
7- 1
,
Bell
James
-
6-30
:
7-26
7-
25c
!
-
—
6-18
8-15
75c
—_
(interim)III__!7
common
7-20
y
International Business Machines
(quar.)
International Railways of Central America—
67c preferred
(accum.)—
Investors Mutual, Inc
12-24
45c
?.
(quar.)____
Can,
preferred
3
10- 1 /,
•
47 '/2c
Rendering Co
preferred
Continental
1-
7-1
Co._
,
Extra
.
9-15
410c
Textile
(stock
Container Corp. of
America, common
6-28
8-20
6-21
6-2
8-16
Telephone
2nd
$1.50
preferred (quar.)
class A (quar.)
& Co.,
Industrial
6-28
10-1
25c
*'
.
■
25c
(quar.)
,
8-16
$1
:
Consolidated
7-15
7-30
57r
6-30
■
$3.50
u.
5.7c 1st preferred (quar.)—
57c 2nd preferred series A (quar. )_^_i__/_ .vC
6r28
;
(s-a)_____
(quar.)
Niagara Fire Insurance Co.
Niagara:Hudson Power-
c
7-31
Imperial Chemical Industries, Ltd.—
American deposit receipts—!
,$14V2C
Imperial Life Assurance of Canada (quar.)
4$3.75
.* Income Leasehold (St.
Louis) (quar.)
25c
Indiana Associated Telephone-—
$2 preferred
(quar.)
1
50c
Industrial Bancshares Corp. (quar,)—
20c
7-15
$1.12 >/2
_I
Co.
•
8-16
.// 50c
common
:
7-10
9-14
common—— '/■'/: 55c
(quarj—ZZ__Z~.
Corp. • (quar.)I—TT*
Goods
1
.7- 1
50c
preferred
(quar.)__
$1.90 preferred
(guar.)
Connecticut Printers, Inc.
8-
$3.50
(quar.)
(quar.):
(quar.)—
Light & Power,
8-14
.
7-' 2
2
Orleans
York Power &
•
7-12
6-21
35c
Confectionery___________*____
New
•
6-19
9-11
1
England
New
6-19
7- 9
/
6-30
8-
$1.
(quar.)„
Alcohols, Ltd.,
6-30
6-30
.
25c
_.
Illinois Terminal RR.
2
35c
.
preferred
Connecticut
6-30
43%c
.Coca-Cola Bottling (Los Angeles
(Daniel)
7-
7-15
1
Navigation'& RR.—*
4%%
i
1
"
&
6-30
8-
80c
Gas
New
6-24
■:7-'l
'.
Inc.,
i
6-30
f
7-
35c
Carbon
2
6-30
13 %C
(111.)
7-
10c
Manufacturing Co.__i_u/_i
r
•
8-14
9-1
7-15
$1
Co.
Y.
9?
15c
common—____I
Illuminating,
Co.
1
9-15
40c
$4.50 preferred (quar.)—.
Cleveland Land & Securities—__
Clinton
preferred
(R.)
Illinois
.
6-17
25c
50c
(quar.)
Builders Supply
7- 9
6-30
■
1
$1.50
'
Home- Dairy Co., common——i—
80c preferred
(s-a)
7-15
7-20
50c
,
Electric,
'
•
25c
:
,
Bros.,
York
7-
25C
_
:
(quar.)
(s-ai
Products
&
•
'
6-21
*
convertible
Hoe
8-31
8-15/
$1.25
Y.) (quar.)-_!.„
(increased quar.)___.
City of Paris Dry Goods Co.
Com
$4
8-27
1
.
Cincinnati
y
1
V.
1
1
f;
7-10
/:
New England Gas & Elec.
6-24
'i 6-24
i
1
10c
..
common—
(qupr,)
Knitting Co., common
Hershey Chocolate
9-17
10-
420c
,
(quar.)_;._/
(N.
Chicago Corporation
Chicago Railway Equipment, 1%
Chrysler. Corp. (quar.)
y
1
7-
7-15
8-
7
6-30
t
7-10
-
Bedford
,! New
<
Ltd.—
Industries, Tnc.t.__:
-j,
Manufacturing Corp.*—
Company, common (quar.)
.3% 7c
6-30
9-15
450c
New
2
1V2C
Special ;
2
8-
iy2c
'-k.-
(Mass.):
'
6-18
7y
Co.
Distillers
Screw
.
-5 7c:
Hecht
1
6-15
9-30
$37V2c
& Co., 4V2% pfd.
(quar.)
Storage Go. (interim)_•__•
Foundry Co
*
;
Republic Co.
Chase National Bank
Cooper
r
■
(quar.)
:V-;
(accum.
Port
9
7-22
$1.25
&
7-
;• 7-24
$2,50
Light, $6 pfd. (quar.)_
Jockey Club— -y.,v?
Park
National
.
6-18
15c
H
15c
(quar.)
Service
Hydro-Electric
Central
4%
;
6-30
1
Public
Hayes
•
/Ay
Centra.) Cold
Central
7-1 /
12J/2C
y
10c
% $1.50
^ 12'/2 c
?
25c
Hosiery Co., Inc. (quar.)
Pumps, 1% preferred (accum.)*,—
/ Hayes
6-30
7-31
'
•
$2.50
Forgings, Ltd.—
6-25
75c
■,
(quar.)__.
Haverhill Gas Light Co.' (quar.)—
r
Carson, Pirie, Scott
$2
6-30
7-15
(s-a)___-.
(s-a)_
Foundries &
2
$1.50 "
:
(quar.)
preferred (quar.,)_—
participating -preferred -(quari)
Haverhill Electric Co. (irreg.)
;
'
L_
Carolina, Clinchfield & Ohio Ry.
Carpel Corporation (quar.)—_
8%
v
7-15
7-15
—
Class A (quar.)
Canadian Breweries, Ltd. (quar.).
Canadian Oil Cos., Ltd. (quar.)
Cohen
6-30
^
•
'
(s-a)
7-
.
Foods,'Inc._^L—5C
"
preferred
.6-21
2VaC
,
(s-a)___
Power &
National
•
Neisner
/
pfd.
Investment
-National
7-10
6-25
/ 6-30
42c
(quar.)...
Hill
1
'
Reclaiming
Mine
2
7-
7-26
75c
Fund, Inc..
Narragansett Electric Co., 4 V2 7c pfd. i
'
Y.)
Manufacturing
(P. H.)
Class ■ B*
•
Refrigerating & Terminals-
Common
5%
7-30
7-20
40c
preferred
Camden
1
&
Carbon
Mutual
;
6-23
-
—
6-24
$1.17V2
—
1
preferred (quar.>*___^.*__**_
Hart & • Cooley
Co._-__*»>45C •; y
Hartford Electric Light Co.
(quar.)
' ' 68%e
/ Hartford Gas Co,, common
(quar.)
:
-» 50cV
-67c' preferred (quar.)—
_i—:
50c
; Hartford Steamboiler Inspection & Insurance1'
Co. (quar.)
"
'40c
Hatfield-Campbell Creek Coal, common
25c
6-23
8-14
—
(quar.)
7%
preferred (quar.
Camden & Burlington
County Ry.
7-
'67c
6-30
6-30
_
1
6-28
Mount
'■
7-20
7-
$4.70
7-20
Ltd.___
8-
30c
class A (quar.)/___*__/
Radio Co.-(Bait.), vtc-(q3ar.)
(John) Co. - (quar.) __i
Morrell
6-30
7-15
15c
$1.06 '/4
______
50c
5%
Telephone
preferred
•
"
6-30
7-
..
_
7-20
$1.50
(quar.).../■/
$3
Burger Brewing Co, (quar.)___________
40c
Byron Jackson Co. (increased).
50c
Buffalo Insurance Co.
California Oregon Power,
$6 preferred (quar,)—
7-15
6-15
6-20
/ Monumental
6-19
1
1
1
Monroe Loan Society,
/
r
.
7-15
8- 1
5.7c.
6-19
15c
■
■'//,/:,/
(quar.)
6-30
10c
.
i_
(quar.):
Hanes
•
Pennsylvania.*—
Belt RR. & Stock Yards/common (qu$r.)_6 7c
preferred
(quar.)
i....—-
$2
.
Creek
Monmouth
-
6-19
I
7-
7-
25c
preferred
Co.
Rubber
/ Mississippi
9-4
1
7-
75c
Gotham
6-25
// 35c
Co., Ltd., $1.40 pfd. (quar.)_
British Rubber Co.
Goodman
7-1
__—
(s-a)
Co.
,;.7-
(quar.)_
Semi-annual
-
Good Humor Ice Cream Co. of Calif.—
$1.50
———
common (quar.)
(quar.").—.*
Telephone
7-15
7-26
Preferred
(quar.)___l—.
Corporation (quar.)———_—_y._.
preferred
7-26
8-
Corp. (N. Y.)—
preferred
Baystate
7-
$1
67c
preferred ' (s-a)$$2.50 j
Giddings & Lewis Machine Tool (quar.)
'/25c
Gillette. Safety Razor, (quar.)
62V2C
Glatfelter (P^ H.) y 3 %; preferred
(quar.)^_: y $1.25 i
7-15
15c
*
____
Commercial
2
5c
Co
————
Bankers
6%
56 Vic
.
8tates
M dwest
Mill
6-30
9-20
Shoe
6-22
1
40c
A
Water, 77i. preferred
Midwest Piping & Supply
t
t
6-22
7-15
;
—
—«.
1
pfd.
/ Middlesex
6-15
7-15
\
Avco
9
6-15
'50c
,
/
1
7-
35c
Shares—
Advertising Co.,
preferred
6-16
,
(increased)
General Products Mfg.,
7-
6-14
7-
75c
$1.50
1
2
7». 1
'
(N.
General Outdoor
[
8-
7-
6-30
Building
'
6%
Middle
Fran.)—
Co
General American Oil (Texas),
67c
preferred - "(quar.)'
.General Crude Oil Co—
6-22
5c
*~~:
6-26
—80c
common
•
Extra
6-30
5'/2convertible
6-30
6-23
$1.75
(quar.)
Mid-States
$1
•
6-22
5c
.
Transit
Gabriel Co.v 5^ conv,
Galveston-Houston
Co,
.6-22
/'/ 5c
—r—
(quar.)—
'
•
6-19
7-1
5c
6-30
3-20
7
7-
343/ic
:
Mines,
Merritt-Chapman & Scott
50c
Extra
.
Co.
6-30
35c
(quar.)_
Co.-(quar.)
Candy Corp., ^;ommon____«.__*__
Mcthiail
7-
6-29
55c
McLellan- Stores
•
•
6-30
50c
Fulton Trust Co.
;
1
.
9-20
4-1-49
-
Inc., class A
(quar.')i'
^1—,..' /
McKay Machine
6
7-15
6-20
62V2c
$1
Stores,
B
7-20 '.
425c
Friok -Company; ,common___-____—_______
SVf
preferred (quar.) ___________
Frontier Industries,
Inc.
(quar.)
1
7-1
$2
0-
0-30
45c
y
1
9-30
4:25c
—,
Class'
7-20
462V2C
„
Co.__
Finance,
Brewing
Street
,
McFadden
;
1
12-20
i
Trust
(Bait.),
710-
1
(reduced)
7-20
(quar.)—
Corp
Fox De Luxe Brewing (Mich.)—,57c .preferred
(quar.)——_—
7-20
Electric—*.——
Extra*;—-—
A
4l$t
8-31
Automobile Banking
Class
7.-16
2
.
.7-
7-
7-15
.
'«
■
6-21
;
(quar.)
VU 7c
Consolidated
6-20
1-2-49
& Hegeler Zinc
Corporation
(quar.)
•
/McCormick & Co.
4
9-
6-28
15c
:
Worth
/■; 7- 2
9-20
5c
(quar,)—_
Quarterly
Fort
/
50c
Light Corp. (quar.)——.
Augusta & Savannah RR. (s-a)—
Austin, Nichols & Co.—
•
$1.20 conv. prior preferred (quar.)_______
Co.
8-
50c
Gas
Auto Finance
7-8
8-2
6-19
7-10
,
McCall
1
62V2c
Matthiessen
I
6-19
6-30
.,
Co.,
7-
62'/2c
.
-
Son?—
Investors
6-30
6-30
62V2c
(quar.)
(quar.)
(quar.)
Service
i Matachewan
7-10
y
&
Public
Massachusetts
6-18
:
6-30
30c
Enamel
rFirst
•
$1.75
————:——Ui—.——
"
AHleboro
6-25
7-15
(R. B.)
Maine
;
&
preferred
25c
(quar.)
'
Corp.—
Filing Equipment Bureau, Inc.; common— *
$4 participating, preferred
>.
37xkc
——
(quar.)
Ltd.
Corp.,
Macy
7-15
(George)
2nd
20c.
preferred
"Fort
(quar.)—
Cable
&
Mabbett
y
6-30
20c
-y.
*
-•
preferred (quar.)——...
American, Smelting & Refining, common.—
7%
2
8-
15c
v.
Participating
of
6%;
Anaconda
7-15
7-15
7-15
50c
Light______________________
25c
.Fireman's Fund Insurance
held
share
1/75
each
Electric
6-30
15c
(quar.)
preferred
7-15
30c
i
common...
preferred
Holdert
Payable of Rec.
15c
(quar.)_
Lucky Stores, Inc., 5J/2% preferred
Lykehs Valley RR. & Coal (s-a)___
8-18
/ 8- 2
50c
i
;
•;
'
28 5/6c
Lowell
(quar.)
;
preferred
57c convertible preferred
P*. 5# convertible preferred
; Lowell Bieachery,
Inc._
7 7(
17c
(quar.)
River
6%
Ferro
'
.-y/
/.-/
lieu
rate
Co..
Mills,
Federal
V
•
'
Edison
8-2
7-23
$1.50
-
dividend)
(stock
Common
•
j
*
Essex Packers, Ltd., 5% '1st pfd.
/ Fafnir Bearing Co. (quar.i.
Fairmont
Foods, common—
4'/c preferred (quar.)__
8-31
Casualty
Hoe,
B
Esmond
6-19
1
7-10
9-15
&
(quar.)
'
15c
Fidelity &
Fork
*
preferred
(quar.)
Equity Trust Shares in America
6-18
30c
American
<,
9-15
8-16
437 VzC
1
* -
80c
$1.75
pfd.
Boat
Class
6-30
15C
$7 preferred (quar.)—
American
,
convertible
common
"l»%
1/ -8-16
9-
(quar.)—— 4$1.12y2:
Emerson Radio & Phonograph
(quar.)
.Empire Southern Gas Co. (quar.)—„_
.Employees Credit Corp., cla^s A (quar.)
i
7-
American Coach & Body—-.—,
American
;
r
■7-
—
5%
2
convertible
V.'hen
Share
Dock,
57c
,
:
&
57.
7-30
.
National
25c
________—
common
8-
Co.,
Sweeper
$1,75
(quar.)—_
Inc.-
American Air Filter,
Ltd.—
Paper,
Paper
Electric
15c
(P)ttsb'gh) (quar.)
American Aggregates Corp.,
8-16
8-25
v
6-24
1
5c
Alien
£'/■>•;> 15c
f
430c
Ltd
425c
E,' T. & W. N. C. Transportation—$3
Eastern Bakeries, Ltd., 4% pfd. (quar.)__„; 4$1
Eastern Magnesia Talc Co. (quar.)—
$1.50
„: Extra
•
$1.50
Dryden
25c
—
(quar.).
Insurance
2
Ltd.—_——
Stores.
convertible preferred
Ducommon-Metals & Supply
2'/aC
pfd.
pieferred (quar.)
6%
All Pcrin
7-1
—
7%
Mfg.,
Paper
8-
.
34 %c
_
Mills
Albemarle
8-16
Investments, Ltd.— ';
(accum.)_—450c
preferred
Dominion
-
50c
;
133/4C
(quar.)—__________
Appliance-*.———
Electric
Holder$
•:
,,
6-25
7-
Coal
•
/ %:
(quar.
preferred ($10 par)
preferred ($25 par)
5Vi'tr
:/••••/'/' X
(quar.)___—
/
6-^5
(quar.)
4'/2^
Payable of Rec.
1
6-30
convertible
/i Lorain
8-15 ' ./ 7-25
75c
28V)»c
———-
—y____*__
Donnacona
.
-
$2 non-cum, conv. preferred
Airlines
Share,
•
;
>
25c
-
$1.20
6-30
6-30
50c
2
7-
i
Dominion-Scottish
are:
PerWhen
v
Name
7-10
Per
Name of Company
_
Longinesv Wittnauer Watch,
.'.//■■
Extra
7-i2
7.-26
50c
—,
■/,.•'
•.■■/■.
6-15
(quar.)—15c
Corp.
Ltd.
1
7-
12»/ic
;y!
Co.—
Holdert
Payable of Rec.
$1
(quar.)
1
Crucible
(reducedi
Bridge,
When
Share
'
common.**—v
Extra
•
this
Per
.
'
.
(increased)
Manufacturing
Dominion
.
declared.
announced
;
preferred
(Jo6ephi
Dodge
•
'
-
Co. -(quar.)-
Telephone
Diebold, :lnc.,
4\y/c
Mfg.
Dixon
•
paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
dividends
&
:
(s-a)
Co.
Products
State
Diamond
which have not yet been
The
Steel
Detroit
bring together all the dividends announced the
current week. Then we follow with a second table in
which we show the dividends previously announced, but
first
Company
Railroad
—
on page
12V2c ■'
50c
45)
-
9
7-15
7-
7-16
7- 6
8-10
7-20
„
Volume
Number 4711
167
THE
COMMERCIAL
ft
FINANCIAL
CHRONICLE
(2797)
Stock Record «» New York Stock
Exchange
DULY RANGE OF PRICES
WEEKLY VOLUME OF THINK
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
Range for Previous
STOCKS
Year 1947
Lowest
I per share
90
87%
8%
10%
Dec
64% Mar 17
Jan
Feb
Feb
4% Feb
79% Jan
6
11
80
July
LOW
STOCK
YORK
Saturday
EXCHANGE
100
P«f
2
May 14
6% Jan
Abbott Laboratories
Abraham
Ac
9
ACF-BrUl
1
Acme
Motors
f per the re
77 %
.
Co
2.50
45% Feb
11
55% Jun
Co
18%
Oct
14% Feb
11
23% May 15
Adams Express
1
88
65
Jan
42
Apr
6
46% Jan
27
Oct
28% Feb
13
Jun
14
15
43%
60
Apr
May
JO ft May
40
May
6
28 Ya
100
10 Ya
Feb
7% Feb
10
15% Jun
Dec
387/s
Feb
22% Feb
20
27% May 15
6%
Dec
101
Feb
112
Nov
2%
V
Mar 11
3% Apr
Jan
14% Feb
26
Aug
108
14
75% Mar 19
Feb
16 Y»
Dec
31%
78
Dec
102%
2% May
8%
Feb
2% Mar 15
28 Vs May
44
Feb
37
Feb
Jan
76%
Nov
70% Jan
Dec
48%
Feb
X
~»0%~Nov
10%
104
May
18
May
202
Jun
90
Apr
12%
Deo
164
51% Jun
May 13
34
Mar
2
96
22%
Feb
Oct
28
39% Mar
25
Feb
105% July
81
Mar 24
Aldens
too
i',
Allen
Industries
Allied Kid
54%
54%
54
21 %
21 Va
21Ye
21 Ya
21%
21%
21 YA
45%
45%
45
45
45%
45%
♦43%
39%
39%
39 Ya,"
39 Ya
39 Ya
393/a
39 Ya
39 Ya
39 Ya
5,900
15
14
143A
147/a
15 Yt
14 Ya
15 Ya
143/4
14%
8,200
24 Ya
8,200
24%
& JO
Jan
90
Deo
>
i
Mar
8
11
84% Msy
8%
42%
/
Oct
33% Feb
11
99%
30 Ye May
91
Jun
Oct
86
25
38
8%
Jan
25% Mar
:
;
Feb
Feb
5
193A
20 Ya
19 Ye
80 Ya
80%
3%
3%
33/e
4 Ya
4
4%
33/4
49%
497/a
51 Ya
51
51%
50%
3%
3%
49
48%
V
.
49
71
71
*70%
32
31%
108%
•93
Jan
51
Apr
46
107
Dee
83% Feb
42
34% May
80%
Dec
Dec
11%
Apr
Mar
80%
Dec
80
6
68
100
31 Ya
108 Ya
f *93 *
11%
100
187%
:;i
•
9
29
Jun
58% Feb
9
107%
Feb
x
80
Feb
x35% Mar 19
110%
Deo
196%
Dec
Nov
103% Feb
20
Feb
3% Feb
11
Mar
7%
99
76 Ye Feb
6
Sep
167% Feb
21
36
May
54%
Feb
84
May
115 Ye
Jan
20% May
28 Ye
19%
Mar
91
Feb
Oct
56
Aug
43
19
Sep £
26 Ye
Feb
16
Mar
Dec
88
Dec
102
38%
Dec
101%
Deo
18%
48
13
8%
94% Feb
Feb
Jan
17% July
18
Deo
20% July
IS3/* Jun
8
Dec
Feb
6%
115%
7% Doe
74%
Feb
July
87
42%
9%
6
Apr
11
May
18% May
Dee
Oct
Nov
11 %
6 Ye Feb
88
5v
26% May 20
cony
American
16
92
Jan
11
15% Jun
6%
13
10% Feb
14
13% Jan
19
B
Feb
•8% Feb 87
108
American
3
Jun
18%
718
9
60
Dec
k 7%
I per share
Dec
101
15%
6%
Dec
Feb
14%
Feb
39 Ya
79 Ya Feb
5
943/4 Jun
6Ya Feb
11
10 Ya May 27
9
34 Ya May 15
135
Jun 17
Feb
24Ya Mar
125
7.
29
Mar 28
Feb
17 ./BY-8% Jan
16%
Feb
129%
Feb
76 Va
Dee
117%
ll3/a Jun
8% Feb 28
i 01
Feb 11
Feb
Feb
12% Feb
13
188
Oct
164% Apr
U 6
18%
Feb
10
Mar
0
Jan
16% Feb
14
253% Jun
38% Feb
11
46
11
68
Feb
July
139
Dec
40
Mar
31
Dec
158
Jan
131
25% May
37
Feb
33
S3Y«
28% July
Jun
II
Jun
29 Ya
Jan
84
May
47%
Dec
116
May
146%
Feb
18%
174%
<8
Apr
Dec
7%
Feb
163% July
Dec
60
41% May
XllBH Oct
A-
Feb
82%
149% Jun
138
Oct
80
Oct
120% Aug
8% Deo
Dee
Mar 10
Mar 19
Apr
27
25% Feb
27
88%
<
Apr
163 Ya Jun
35 Ya
11
American
American
Stove
24 Ya
13
'41
116% Mar 15
129
18
Jen 21
147% Mar 17
A- 64 Ya Mar 29
132
Apr
15
40% Feb
14
116 Ya Mar
7
Feb
6
11
80%
Oct
36% Mar 17
Feb
95
Jun
103%
Feb
76% Mar 16
10%
Jan
$9%
Jan
21
5
80% May
89%
Dee
88
Nov
101% NOV
5
Feb
17
Apr
62% Jan
16
Mar
43
10% Feb
11
Feb
10
88%
Dee
81
Jan
111% Mar
6
30
28% Mar 19
08% Feb
48%
ha
88% July
48% Mar
14%
A9B
84%
Dee
18% Feb
18
Jan
9% Dm
For
footnotes
see
♦47
6
20% May 25
158% Jun
68 Ya Jan
144
Mar
70 3% Jun
120
Jun
page
8
24.
American
24%
73/a
American
5
9
6%
•17%
18
10
•
83/a Apr 22
-55% May 24
104
Jun
lllYa May 24
8% Jun
24
67
May 19
41 YA
May 27
/ 45 Ya Jun
108
38 Ya Jan
Water
7%
p.
$4
conv
Zinc
•94
943/4
STOCK
8%
EXCHANGE
93
38%
103
39 Ya
CLOSED
403/4
67/a
67/a
173/a
173/4
94
167/a
17
4
41 Ya
'138
•73/4
♦133
8
•'•••'93''
'
93.
84%
60 Ya jun
14
Anderson,
16
Anderson-Frkhard
J":-'- 4%•
•171
173
%
10%
24 Ya
14
20
Andes
18%
138
•133
♦
177/a
700
16 Ya
6.700
33/4
4,500
"
,
4
1,500
31,000
72 Ya
72%
1,300
13%
13 3A
II,900
*62 Ya
65
*39
39%
*6 YA
400
V :
800
6Ya
1,900
46
46
7%
500
19
y
14%
183/4
.
25 Ya
700
95
14%
19
1,000
>
800
25
9,100
110
243/4
♦108
110
5,500
7%
♦85
143/4
l87/e
243/4
•108
•
24%
7%
95
143/4
18 Ya
24 YA
243/4
7%
*85
25 y".
108
243/a
24%
MlYe
42
63 Ya
24%
'.
.
156
•32 YA
8
34%
400
28
8
103/4
10%
25
155%
U
563/4
138
94
94 Ya
•93 Ya
94
84 YA
843/4
833/4
84
16%
163/a
16
163/a
172%
172 Ya
171
r
172 Ya
30%
,10%
156 Ya
156%
157 Ya
153%
37%
*19%
155%
155 Ya
57 Ya
57%
140
1193/4
7%
93 YA
34%
*132
32%
32%
;
25
20
*243/4
♦19%
37 Ya
::
37 Ya
•124
126%
19%
19%
154%
155%
57%
57%
140
140
34 Ya
134
25
19%
155 Va
^ 19
,
33
53%
Corp.
153%
57%
57%
683/4
70%
693/4
139
119 YA
119%
119%
119%
119%
119%
;; 52
77/a
73/4
;
533/a
53 Ya
7%
7%
52%
523/4
?
?
8
♦104
109
1053/a
1053/a
8
7%
8%
80
No par
81%
-It
7%
'
64 Ya
39 Ya
42%
P 31
/
*105
S*58
.T 333/4
,:*12
40
43 Ya
313/s
106
60
353/e
127/a
,'• *7%
'
*62
39 Ya
41%
31
105
73/4
64%
39%
42%
31 Ye
105
,
7%
•61
39 3/4
40%
30%
♦105
64%
40
42
31
•61 Ya
393/4
39%
30%
154 %
16,800
58 YA
10,700
139
4,400
119 VA
680
7%
*61Ya
39%
40
40 Ya
40 Ye
30 Ya
303/e
105
105
♦59
500
69 Ya
8%
65
1053%
200
1,000
7%
105
109
1,200
19%
105
♦104
7%
1,100
37%
53
108
♦62
20
127
104
'■•102
28
1,200
52
104
1
25 Ya
♦102
♦100
10
3,900
53
102
200
33%
104
102
210
1183/4
/
•
•101
10
5,100
68 Ya
70 Ya
102
No par
Co
19 Ya
140
No par
preferred
♦125
19%
■102
com
Cable
37%
Ya
683/4
73/4
•
35
134
'
20
20
57%
154
25%
68 3/8
>
2,900
64 Ya
*34%
128
1393/4
30
41
25
;
500
900
24,500
25 Ye
134
37
700
40 Ya
33%
154% 154%
58 Ya
141
171
153 YA
37%
•124
200
1
53,700
7,900
156 Ya
34%
20
20
11%
64
•
41%
?;:/25„'.
37 Ya
128
34
25 Va
25 YA
65
33%
10
10%
134
*34%
•132
33%
,
1,100
5,500
103/4
10%
643/4
20
139
73/4
11
25%
125
19%
51%
11%
*40Ya
*24%
69 Ya
-
11%
16 Ya
5,200
■'/:,/••
8Ya
11 Ya
84 Ya
fAcres
138
*73/4
*32 Ya
65 Ya
34%
•133
8
41%
134
33%
32 Ya
25 Yi
.
83/4
333/4
34%
•
93 Ya
8 3/4
32 Ya
64%
*34 Ya
37%
119 Ya
8
?•;
the Week
18%
•92
138
•133
8
•40Ya
♦132
20 %
68 Vt
138
•alee let
18%
8%
333/4
64s/a
25
Frfdny
June 25
9 per share
93 Ya
8%
34
h 923/4
:
18%
♦92
8%
10 Ya
83
18%
<41%
,..32
128
19%
100
-
:;
37 Ya
•125
94
32 Y4
V
157/a
•171
I?
41 YA
156
134
20
100
ffhnrvdny
June 24
9 psr share
633/4
65
156
18 Ya
32%
84
10%
25 Ya
100
♦7Y4
r:
'
25
common_.No par
ldlntag
6Ya
48 Ya
24%
73/a
14 Ya
33%
93
103/4
33 Ya
common
Oil
600
39 Ya
6%
♦46
49-
V
63/4
4%
6%
6%
95 :
•92
16 Ya
153/4
•171
172%
33
Tobacco
Clayton A
40
9,400
103
♦17YA
; 39
8%
*82 Ya
I6Y2
•132
Anchor Hock Glass Corp com..12.88
36 Ya Jun
700
16 Ya
39
8%
*91 Ya
■
84%
16
V;
28
5
8
•
39 Ya
U''.
'7
39
333/4
33
>
100
Anaconda
A
100
:
■*
393/a
♦102
17%
'163/a
June 23
18%;?,
8%
333/4
*133
No par
A Smelt
385/a
103 -r.
41 Ya
I per share
94
;
8%
33
No psr
No par
2
Copper
20
•91%
100
11
Apr
*193/4
65
24%
10%
No par
85 prior eonv preferred
Anaconda Capper Mining
84
38 3/8
Wednesday
18 Ya
10 %
100
11
Mar 17
183/4
No par
prior preference
Wire
19Y4
9l7/a
143/4
108
Tuesday
10 Ya
Works Co Inc
Lead
.$
9 per share
:
10%
preferred
Amer
1,200
19
73 Ya
18
v
24%
108
73/4
100
Woolen
47 Ya
18 Ya
193/4
103
•143/4
.
June 23
18
No pal
Co
Jun
4
107
Am
100
47 Ya
*
14
73/8i
32 Ya
preferred
American
2
108%
917/a
*85
7%
preferred
5*
18
23 Ya
25%
109
I per share
American Viscose Corp common—14
23
200
3,800
24%
107 Ya
19
65
24 Ya
7%
15
18%
23%
•108
•
Foundries
Tobacco
24%
92
*14%
.1
No par
American Tel A Tel Co
10
390
1,200
96 Ya
24 y4
•
47
73
♦46
31%
preferred
Sumatra
47
*18 Ya
65
6%
49
33%
American Sugar Refg common
7 %
preferred
May 21
Jan
non-cum
48 Ya
*95
■
13 Ya
39
6%
No par
No par
com
Stores
6*
174 7/e
48%
97
71%
♦64
32%
eommon
Steel
18
May 10
Snuff
American
174 Ya
48 Ya
ll7/a
;
39
*82
100
9
Jan
HOYi
May
46%
7%
100
26
2,400
•
No par
Jan
"
88
6%
24%
preferred
American
May 18
863/a
71%
-'11%
65
38 Ya
6%.
3%
73
11%
7%
preferred
7%
Apr 22
34% Feb
Light
35 Ya Jun
140
27
Jan
8% May
*72
♦63
No par
Safety Raior
American Seating Co
Amer Ship Building Co
Am Smelt A Refg common
May 27
22 % Mar 12
May
86%
H
73%
46%
No par
Co
Power A
7*
12
46% Feb
172
3%
24%
American
16
Oct
Dee
3%
6%
No par
100
preferred
News
853/4
.LOW AND Hldfl SALE FRIGES
preferred
preferred
$5
9
Dec
22%
3'/a
June 21
Amer Rad A St San'y eom
27
12 Ya Jan
176
42%
136%
;
88
16% May 21
70%
149
;/
Amer
86% May 14
v-
cum
American
24
Jun
18% May
16
Monday
Amer Machine A Metals
2
48% May
84
173/a
15%
1
American Metala Co Ltd com_No par
6* preferred
100
American Molasses Co
I
95 Ya May 14
72% Feb 21
17
;
3.90*
10 a/: 33% May 21
Dee
Deo
173/a
15%
72%
109
Amer Mach A Pdy Co com
10
Feb
Dec
9% Aug
♦16%
16%
1
common
:
16%
•
21% May 24
Mar
T
1T0
67/a
38
3%
tper share
6$
11% May
39
6%
EXCHANGE
•
16
July
147
v
18% May
38%
6%
U:
16%
NEW YORK 8TOCK
Highest
9 per share
Sep
32% July
x25% May
127
Dec
state Jan. 1
;/;l«eweet-.::.
Jan
28%
Locomotive
93
37%
100
preferred
867/8
175%
48 Ya
20 Va
*917/a
6%
No par
preferred
*193/4
,
37%
-•A1?-. STOCKS
Range
Highest
Jun
Products
common
non-cum
38,600
x97
19
15%
American International Corp.No par
American Investment Co of 111..—1
24
26% Jun
18% Mar 17
Jan
Jun
Home
American lee
8% May 21
28
Apr
100
6Y4
175
v
473/4:
♦18 Ya
'
6%
80
com
preferred
*47
:
103
39%
American Hide An Leather
.5
Jan
2,400
109%
6 Y2
"
38 %
39%
7% Jan
53
*108
243/8
102 Ya
12%
25
700
63/4
108 3/4
37%
65
Jun
30
14
1103/4
243/a
102 Ya
11%
£;:> 5% Feb 10
2,500
41%
♦107%
38%
65
Co
900
41
247/a
9lYa
No par
19
Hawaiian SS
28%
*13
-
1083/4
36%
Foreign Power com—No par
$7 preferred
No par
American
28 Ya
41%
24%
104%
104
Amer A
43 % May 17
58
•63Ya •' 65
*107 Ya
20-
No par
20
5734
36,300
'
48
19
2,000
83/4
86%
98 Ya
<v
91%
87 2nd preferred A
Tear 1847
I per share
37%
preferred series A.100
Distilling Co
—20
conv
preferred
48 Ya
*97 Ya
4,300
52
83/a
6 Ye
A.
175 Ya
*48
#
118%
51
14
♦109
6%
87 Ya
k
107%
20
86
X;
175%
47%
'97%
24
Ya
111
.«•
117
64,
41%
.
1,400
59
♦13-Ya
6
400
5Ya
48 3/4
283/4
14 YA
87
*29 Ya
8%
42%
7,300
1,200
*53/4
52
41
*109
29%
118%
64
38%
;<■ 95
•46 Ye
53/4
49
14
.
5Ya
92
12
;
293/4
53/4
28%
.
94
91
38 YA
95
♦46 VA
65
*88 Ya
393/4
*29 Ya
53/4
49
193/4
'■
American Encaustic Tiling—
1
American European Secur
No par
American Export Lines Inc
40o
Range fer Previous
Lowest
10
com
29 Y4
28%
87
*18
«■
39
283/4
20 % t
92
24
20% Feb
118
Cyanamid Co
J.
77% Jan
Jan
30%
„
108
20%
—100
14% Jun
Jan
14%
com
11,400
*573/4
109 Yt
'■>S' 47
L
'hi
3m
46
13
3%f#
American
19
8
37% Jan
108% Mar
9% May
3
Sugar
prior preferred
48
,19
19
4
65
10%
May
47%
10
10
107
.
5,200
36%
58 YA
42
24
25
108%
4
Jan
x34%
82% July
80
Oct,
Crystal
4%%
American
7% May 20
•17% May 18
21
24%
*107'/a
No par
American
3
16
97%
100
Chicle Co
Jun
47%
98%
29Ya
35 Ya
8 3/8
175 '
48%
No par
Colortype Co
175
,
'■
*97%
Mar
*
Jun
01
Jan
Inc
preferred
American
49% May 21
8
65% Mar
Apr
8% May
48
Cable
.'47
*29 YA
91
51%
,14%
5%
6% Mar
Feb
Dec
cony
No par
100
29Y4
363A
88 Ya
117%
'
86% v.
j
Apr 15
4% May 15
89% Jan
9
2
Jan
25 Ye
101 Ye
Dec
88
100
American
107 % Jun
14 Ys Mar 16
B
5*
41% May 26
)•
Feb 28
8% May
13
Jun
preferred
29 Ye
*94
*63 Ya
700
3,300
36 VA'
*
<1
8 Ya
:
11
*19
51 Ya
65
100
190
188
19Y4
118%
28%
109 Ye
•,
V" 86%: 87
:
175% 176%
*19
94 V4
58
*93
*10 3/4
103/4
190
8Y4
41
5%
5%
•
10 3/4
189Va
51 Ya
14
in
•109%
1
25
100
*93
11
39 Ya
118
57%
28
14%
200
8%
*63 Ye
•; 41
41
4,100
51%
.
700
32 Ya
29Y4
118
.
8
'■'P 57%
-V.;.:-:
65
•13%
i
100
common
Amer Chain A
287/8
*63%
S
com—No par
May 18
94
,
11
29
7
27%"
115
74
108 Ya
30 %
5Y4
*72
9,000
32 YA
36%
♦46 Ya
50%
•107 Ya
94 '/4
49
70
36,000
32Y4
38 Ya
5%;:,.,
;>.
/'< 51-
%i:-\
.
57%
1
preferred
Can
5%
£•%
50
20% Jun 15
10
Oct
'.
29%
*46%
:•
51%
p 57%-:
V
1,900
4
108 Ya
188 Ya
30
943/a
72
5,600
20
80 Ya
32 Ya
36%
38%
19Y4
80
*107 Ya
lL»-/4
*88%
29%
115%
51%
10
Corp class A
American Car 8s Fdry com
7%
preferred
May 21
22 % Jun
.
J»n P 9
Jan
118 Ye
51
4
33 Ye Feb
x
107% May 13
24
Feb
/•
48% July
88% May
Feb
-
cony
114%
30
91
94%
48% ~r<
W 8%
:
100
Amer Cable A Radio Corp
3
27
5
16% May
Feb
24
4 %
par
1
common
Co
*46%
*19
363/a
37%
;
: *29% •29%
?•?•? 5%
5%
No par
preferred
cony
Brake Shoe
American
14
49% Jun
Corp
common
preferred
Amer
100% Jan 21
28
47%
6%
3
Jun
cum
American Bosch
24
177
8
18% Mar
104 Ye Jan
Jun
6% Jun
.—No par
94%
30
35%
*88'%
38%
94%
Co com—1
preferred
50
Petroleum
30%/
187%
19 Ya
80 Ya
71
32
108 Ya
100
*10%
;
188
*19
36%;:-;
91 'g;/;
37%
100
Agricultural ChemlcaLNo
3%%
92% May 14
37% Mar 16
?
Feb
110
105% July
111
preferred
American Bank Note
18
May 19
14% May 14
43% May 15
'
3% May
Dee
186
v
9% Mar 17
75 Ye
Amer
70
Jan
17%
v
30%
35%
*93
10%.
H 10%
19%
*89
Leather
American Airlines
Mar 22
18% Mar
No par
cony
conyerfcible
Amerada
9
51% Jan
77%
<;
6%
Mar 22
Jan
$
Dec
.
cum
Amalgamated
May 21
10
Ine
Alpha Portland Cement
2
52% Jun
13
May V
36
■
Mar 11
May
9
Jan
■
31
20% May
68%
50
121
20
7% Jan
7
3Y*%
May 21
6% May 17
Mar 18
Mar
Mills Co
71
31Va
108 Ya
190
♦19
71
71
31
♦107
108%
300
37/a
♦80 Ya
20
,
2,800
113
33/4
80 Ya
_
31
Mar 16
46
3
42% May 27
98
Jun
3
8
73
"
■
Jun
24 Ya
3 3/4
20
Allied Stores Corp common—No par
4%
preferred.,
100
A Ills-Chalmers Mfg common_.No par
May 15
I,300
21*/a
46
♦108
112
3 Ya
54%
80%
B
Allied
vi 91
24 Ya
243/a
*108
3%
2,500
54 VA
54 Ya
53A
20
11%
37 Ya
-
24 Ya
*5Ya
81
187%
34% May 20
54%
112
3 Ya
5Ya
*19%
'
89 Ye May
►108
112
3%
3%
5%
54
24 Va
24%
*108
3%
5%
5%
Ya
♦80
;
1
Co
5
24%
112
No par
Dye
1,100
46
3%
5 •/
Inc
6c
95
54%
♦107
Allegheny Ludium Steel Corp.No par
$4.50 preferred
-No par
Allegheny & West Ry 64 gtd.lOQ
Allied Chemical
♦85
21%
10
common
95
Bharae
76%
5%
24%
100
Mining
preferred
100
Allegheny Corp common
1
6%% preferred A
100
$2.50 prior cony preferred-No par
14
21% Jan 30
1
Gold
♦75 Ya
5%
♦45 %
4%%
May 17
Apr
11% Jun
18% Mar 13
36%
*
Juneau
23
198
3
Alaska
76%
*85
14%
CLOSED
No par
Alabama Ac Vicksburg Ry
May 24
11
Mar
X171
Nov
Admiral Corp
Air Reduction too
76 Ya
95
the Week
54%
EXCHANGE
Corp
No par
Addressograpb-Multigraph Corp__l0
May 21
109
7
8% Feb
Nov
24
75
24% Feb 28
107
2
4% May 15
7
27%
80% Jun
10
56
May 18
4% May 20
21% May 21
Steel
76%
♦85
95
■slee fee
t per share
21%
Adams-Millla
40%
5%
76 Ya
76%
*85
fridsy
June25
June 24
9 per share
I per share
39%
10
13 Ye May
STOCK
75%
95
Thursday
June 23
# per share
77%
•85
PRICKS
Wednesday
June 22
9 per Share
No par
SALI
HIGH
Tuesday
June 21
No par
com
Straus
AND
Monday
June 19
I per share
Oct
110
Jug
NEW
Highest
8 per share
t per share
66 % May
since Jan. 1
Range
Lowest
Highest
13
'
8%
5,600
10,700
200
200
10,800
65
40
47,500
41
1,640
303/»
1,900
•103
105
50
300
*58Ya
59%
59%
59%
60
59
59
33%
343/8
34%
35%
33%
34%
33
33 Ye
34,000
12%
12
12
*12
12 Y2
100
♦12
12%
•12
the
(2798)
14
commercial
Year 1947
I per thare
9 per share
6%
Feb
Oct
24% May
37%
Feb
25% Feb
11
109'/a
Feb
90
Feb
17
May
9% May
99
103
15%
Oct
Jan
91% Feb
38%
Jua
65
Jaa
91%
Dec
110
Feb
101% Jun
56% Jun
99% Jun
14
$3.75
I
114% Jun
10
$4
Jan
Feb
*12% Mar 12
13%
Dec
20%
Feb
12'/a Mar 16
99
Dec
132%
Feb
99
Dec1;
134
Feb
25
Deo
34
Sep
68
May
99
Jan
*98
Dec
112
Feb
Feb
14% Feb
18%
23%
Jaa
31%
Apr
77
40
Nor
113%
91
Dec
105
111%
Dec
13
f
16
111
May 10
94
Mar 12
104
Jun
11
26
Jan
5
35
Jun
11
84
Feb
11
96
Mar
0%
7*
Feb 24'
2d
Atch
F
45
61% May 18
Atlantlo
47% Mar
1
All
W
Jan
22
78% Mar
5
3Q
Feb: 21
48% Jun
A
Q
0%
I
Feb
9
114 ;
Feb
9
99
20
Feb
11
25% May 21
Atlas
73
July
53% Jun
7
64% Apr 16
;-"4 121
July
27%
20% Feb
Feb
Feb
13
Jan
Jfcn
12
May 28-
Jan
15% Apr
18%
7%
t
Feb
26
Jan
10
19% Jan
8
19
26'
Jun
48
Feb
13
Doe
16
May
13% Feb
li
16% Jun
3
Babbitt
13%
Deo
24%
Feb
12% Feb
27
17% Jun
3
Baldwin
46
15% Jan 28
2
17%
17%:
17%
17%
107
107
♦103%
105
7J
1,000
■
31%
100%
700
101%
13%
14%
133/4
*101%
560
23,400
700
54%
3,700
983/4
54
3,150
113
113
v
;
102
*98
98%
14,000
■'■
550
*102%
56
112%
*102%
104
114%
114
105%
105%
♦1023/4
19 V»
19%
18%
59
59%
35
35%:
32%
19%
58%
34%
111%
72
112
60
32
1,165
115
11,700
32
113%
104%
19 i ■/:
1,100
3,600-
58%
58%
*34%
2,700
40)
:
35%
70
45%
68
68
200
46%
*68
46%
45%'
900
3,400
108
45%
46
16,300
112% :>•
112
111%
97%
98
97% ', 98
96%
97%
96%
97'%
920
23
23%
23%
23%
23%
23%;
23%
4,600
55%
55
55%
55%
55%
55%
u 55%
56
1,490
109
109%
►108%
*108%
110
24%
♦20%
243/4
7%
7%
7%
-
1(H)
•108%
109%
♦20%
24%
♦20%
24%
No par
•7%
7%
6%
7%
109
15%
♦14
12
12%
12
16
16
15%
*14'%
,
*106%
105
34%
46%
—No par
/
108%
23%
55
■;
♦106
:'
23
98%
23
No par
17%
104%
32%
115%
•68
111%
112%
98
:-r
17%
*102
57%
35%
72
44%
47%
18
100
16%;-
17%
.33
18%
I
57
35%
•68
17%
16
112%
113%
17% ;18;::r
56%
17%
16%
105
32%
104% 105 '*4
18%
17%
*16%
105
33
*17
¥
m
108
107
105
32
33
,
107
110%
Mfg Corp (The) common...$
$$.$$ mot pretexted
Me pet
Doo
17%
113
100
Is
6
32
31%
.54%.;.v55v:>
16%
45%
No par
W
■
'
113% 113%
17%
17%
104'
Avoo
7% May 17
16%
i
16
56%
Canteen Co of Amer—8
■
6
*31
102
•'
98%
110%
S
13%
113%
103%
series A__180
Co
Automatic
98%
113%
♦17
72
prior pfd ($1.20)
Autocar
98%
113%
::
101%
102
54%
98%
38%
common.,
14%
54%
55%
100%
101%
•17
♦68
Corp.
Nichols
13%
101%
13%,
100%
16
•36
preferred
eonf
Ta«k
Conr
16% May 21
23
4% Feb
4%
Atlas
100%
16
106
100
—2$
common
100%
;,-i
16
-No par
commen—1
B
32
31%
17%
100
!
31%
30%
5%
iheree
tper thare
'•v'V
32
113%
17%
U'KIQ
series
$3.75
?x5%
♦30%
15%
com—100
Lines
Corp
Austin
9% May 21
29%
i
9
20
114
25
5% Mar 12
27%
Deo
Jan
24% Jan
Mar 30
104
Jan
12%
.;
*17
V,
Fe
preferred
conv
Preferred
8
N
RR
Line
8 per there ;¥
6%
31%
Sains tee
the Week
'
32%
preferred
83
Atlas Powder
*
4ft
May 22
Jun
£vi? 54%
99
•102%
preferred
Rsflning common
91
55%
■&£ 113% 113%
par
10
non-cum
Atlantic
15
55%,
98%
par
10
Coast
6
68
100%
Co
At Santa
25% Jan
>v: 13%
par
S
Inc—
Feb
13%
100%
common—1
100
100
Investment
non-cum
T
13%
CLOSED
r '
•5%
101
Friday
June 25
June 24
31%
30%
100%
100%
par
Corp
preferred
preferred
Topeka
6%
A
24
19% Jun
1st
Associates
115% May 15
107% Jun
3.
3
11
com
Goods
Dry
102
Dec
4% May
AMoclated
Sep
Dec
17%
15%
May 27
No
No
No
No
100%
100%
9
oom
conv
EXCHANGE
¥:•' Thursday
t perthare
31%
30%
PRICES
June 23
6
J 6
31%
.
31%
30%
Carpet Co Inc.——No par
Aug
6% May
:
19
Feb
Co
Constable
Artloom
July
.22% Mar
<
Cork
26 %
21% May
Apr
Arnold
2
17'/, May 24
100
Mar
105
67
18% Jun
5
Illinois
of
preferred
preferred
Dec
34%
Jua
62
Feb
14
STOCK
sale
'. • • Wednesday
$ per there
32
100
cum
Feb
69
40% May
Armatrong
11
10
6
HIGH
June 23
I per there
6
preferred
Co
Ac
:
32
10
$8 con? prior preferred
29
17%
10 V* May
Armour
106
I per there
»
com
Corp
conr
Jan
lV
.
4%
25
41% Feb
88
10% May
~Sep
Steel
Armco
and
Monday, June 28, 1948
•.;Tuesday ':;
•:
June 21
No per
Ins
Areher-Danlels-Mldlend
<
15% May 19
Jan
9
16
104% Mar
~14
iff Products Ce
3
32% May 21
11% Mar 16
130%
Deo
34% Jun
14
Monday
June 19
F(W
6% May 26
S
4% Mar
28% Feb
fstsrdsr
$ per there
39%
JUQ-
chronicle
low
STOCK
EXCHANQB
Highest
Apr
]f|
jo
MZW YORK
Range sine# Jan. 1
Lowest
Hifheet
9 per thate
i;
financial
STOCKS
Range to r Previous
Lowest
ft
►108%
16
♦14%
12%
,
.
6%
6%
14
15%
6%
15
*14»%
400
12%
12%
4,500
16%
s
16%
1,000
63%
15,600
44%
400
6*%.
6%
*43
50
1,556
iVe
7%
12%
16%
16%
670
243/4
*21
14
12%:
16% *
6% t; 6%
♦43%
44% 1
44%
110
16
16%
6%
44%
; 111%
12%
12%
15%
44%
6%
44%;
•22
7
113
jf
•43
44%
11
"
r
;7% May
16% Feb
25%
11% May
f 9% May
1Q
May 18
15% F«b 11
Feb
Feb
31% Jun
16% May 15
10
4%
Ohio
As
15%
15%
15%
15%
15%
15%
155/8
15%
153/4
15%
16%
15%
15%
16%
15%
16
12,400
,108
14%
153/4
14%
153/4
153/4
16%
153/4
16 %
15%
16
:? 57,700
St
24%
25%
26
263A
26 Vo
26%
29
29%
28 3/4
31%
303/,
31%
30%
30%
77%
76
76%
75%
76%
♦75%
76%
48%
51%
48%
49%
49%
5d
50
28%
283/8
,28-
27%
27%
27
common
preferred...-
non-cum
Bangor
22
IWorks—.—II
a;
Locomotive
Baltimore
27% Maris
13% Feb
Feb
ley.
69
(A
Aroostook
}00
common
*15%
,
50
23%
26%
'
60
42
18
•
Jan
% Dec
May
\
65%
Jan
28% July
Feb
20% Apr
45%
Dec
84%, Jan
37,
20%
Apr
Dec
39%
Dee
31
19%
Feb
8%
9
Jua
24%' Nor
18.% M»y
Deo
62
31
83%
Dec
110%
17%
Dee
96%
Deo
20% Aug
108% Feb
\
»
12
28
Feb
88
<
8% Jan "
30
14% Feb
15% Feb
18% Mar 16
106% Aug
Feb
26
Feb
25%
Not
16.
May
21% May
28%
Jan
103%
Feb
78
24%
Deo
35%
Jan
23% Feb
19%
32%
Apr
Oct
Jun
25
'
cum
Beck
Dee
Tl%
Dee
160
Jan
Beech
Beech
Creek
Beech-Nut
s
Bell
2
15
9
26
14
Mar
Cum
10
Best
30% May 24
17
37% May .27
Best
27
38
Bethlehem
Mat 16
9% Jun
Jun .14
138;
•
Jun
15
7*
18
14
•
36
14% May
Nov
89
Deo
28
f per there
i
'
Feb
11
36 ■
Feb
11 '
197/s May 18
Blaw-Knox
Bliss
17% May 15
Peb
43 % Jun
29
Mar 17
v
77% Mar 16
96
Jan
51!
Jan
19
55
V
38
4
■
Feb
11
88
Jan
6%
Feb
Deo
13%
Feb
Deo
96
Jan
Deo
18%
Feb
Feb
7% Jan
8
*27% Mar 17
Feb
Jan
25% Mar, 16'
28% Mar 10 4
Apr
93% Feb,
18%
Deo
28%
Feb
Jun
36%
Jan
27
95
Deo
20%
Doo
,106% Apr
120
Jan
9
May
Deo
125
,
80
Dec
14% May
28
May
May
14
80
i
104%
100
Jun
12% May
6
Deo
79
Deo
3
Deb
18
Ma/
17% Feb
,
X22 %
8
Feb
65
•
124,
20
6
Jan
Feb
22%
S4%
Apr
• i%
Dee
1%
Dee
34%
83
Jan-
15% Mar
13
40
77
Apr
13
Oct
2% Mar 17
16
s
3
$3.60
23% Fsb
11.
li
For
*
1% Mar 12
13
;
Jum 21-
Fab
108% Jan
Feb
88% Feb
Bi%
Feb
14% Mar 16
Ub
Feb
10
footnotes
see
12%
33%
♦32%
33%
353%
353/4
353/4
18%
*18%
113/4.
11%.
.
.
105
11%
11%
♦32%
,
183/4
18%
18%
16%
*102%
16%
21%
105
•
*32%
10
3,900
•
33%
35%
35%
1,700
700
18%
18%
22
18
16%
16%
16%
800
22
*16%
105
♦102%
33%
35%
18%
16%
21
;
113/4
11%
12
600
87%
343/4
353%
21
*.■
11%
37
♦32%
33%
35%
20%
,
21%
21%
1,000
104 Vi
♦102%
104%
♦102%
35
353/4
35%
36%
35%
16%
16%
16
16%
16%
16%
25%
25%
25%
25%
23 %
25%
80%
so
'
35%:
34
16%
16V4
16%
34%
16 »/4
25%
25%
251/a
79
80
*80
■
25%
*80
29%
36 Vz
36%
37
37i%;
37
■ft 29%
293%
293/,3
293/8
35%
353/4
35
35%-
3534
r-36%
37%
36
36 %
36%
;
293/g
■
j
,
137%;
136%
*136
136%
351/4
34%
93/4
9%
*93/4
9%
4,100
3,600
400
29%
36%
36%
36%
37
.
*
800
6,800
•
23,900
600
3434
35
10%
10%
.
138
138
138%
35%
9%
11,300
79ya
'29%
;37%>;
35
97/a
>
*137
35%
9%
-
35
137%
343/4
1371/4;
34%
;•
*78
79%
29%
29 3/8
:
*78
•
:
36
10%
m
2,700
2,500
page
Menday
fee
2.50
;<
No par
Buff
Inc
Co
Co
Bulova
KXCHANQB
31
31%
31%
31%
16%
2
25%
Butte
-
-r
31%
*16%
25
323/4
33
32%
32%
32
80 3/2
82
82'%
42%
42%
42%
433/4
26%
27%
26 »/4
26%
263%
27
*42%
.
43%
42%
43-
43
43
62%
64%
,
61
62%
613/4
62%..
*94
94%
94
94
*93%
5
5'/e
*4%
■
4%
*41
42
8%
No par
*41
8%
*50
i-t
♦
4%
..
*50;
10%
10 3/2
34%
34%
No par
♦32%
33'%
22%
2.50
333/4
33%
323/4
99
99
99
•
100
No par
20%
,
•28
Mills
conr
Bros
20'%
29%
*953/4
*20'
*28
96
,
21
21%
•
95%
*20'%
,
21%
Corp
10%
11J/8
71%
32%
32
32%
83%
82 3%
82%
43%
*421%
431/4
27%
27%
27%
27'%
42%
42%
Ac
42
200
24,
Mar
II
11
«
40%
Jun
54
May 28
3
15
,
1,000
3%
3,000
3,900
8
59
10%
35'%
353/8
35%
32%
32/
32'%
1,800
32
32
31%
31%
1,300
100'%
*99
100'%
21,
28%
953/4;
*953%
96
21
♦20%
Z
21%
21
215%
215%
123'%
•123'%
10'%
70'%
:,
;
21'%
190
21
5,700
27%
300
*953/4
28%
21%
*27
96
21'%
27%
100 3/4
*99
100%
3.100
<
18%
383/4
39
23%
•97
»
*78'
83
16 3/4
-
100
14%
143/2
,
...3
-
23%
,
70'%
550
*38
38%
38%
88! I
88
39/
38%
500
19
19
19
40
40
40
1,200
1,400
133%
39%
40
*97
93
93
93
83
*78
*73
33
16%
22%
83 ;
:
.
17
a&3/4
22%
223%
23
97
4
*78
20,200
97
v
*883%
•
60
95
100
83
86 %
3%
3%
10
10
16%
9%
9,300
10
10
3,600
96
96
96
97
14%
14% ..14%
14%
14%
2,500
85%
86%
.
98
14 %
14%
.
17
10
•95
10
95
86%
85%
85
85'%
190
3%
23% :• 24:;.;; *
1013%
34
16%
3%
233%
3
:
24%
101%
1013/4
343/v
22%
May 17
8% May 21
31V4 May 7
15% May 21
.
•
Can
119
44
May 14
*19% May 26
19% May 14
-
Dry Ginger Ale
*4*25
Canada
Mav
com
No par
Southern Ry Co.:
Canadian- Breweries Ltd
.
Canadian
Padfie
My
L
100
No per
m
*53'
S-:
^
~
i.
1.66%
preferred..
39%
(
-
.
397/s
i
1013%
34
17
.
85%
3%
35%
25
.
150
3%
25%
102
3,300
26%
102y2
102'%
26'%
101%
34
33
2%
6%
29%
13
>
115
: i-
»41%.
./.
♦ 18 %
18
38'%
54%
•53
343/a
34%
6,900
•
•
2%
67/8
29%
>•,
45
6%
38'%
•53
2%
54'%
i
2%
38'A
♦53
;
29
13%
112
29%
67%
2'%
:
6%
29'%
13%
133%
13%
•U2y4
115
42 !
2%
6%
♦29'%
6% 'K
29
13
1
.133/4
115
38'%
54'%
39
343/4
*38%
5,200
39
♦53
?
543%
110
'
..
■
54i%
2,100
'
23/8
•
400
88
88'%
183%
22%
;
38'%
♦87
88'%
:
93
14'%
/
1013/4
34
70'%
98
93A
24%
•101 >/2
715%
♦91'%
3%
3%
-
7%
71
18 3%
;
95
87
*86%
71»%
*97
1634
95
10
16,800
223%
10%
•93»/2
4,900
10%
92'%
•78
22'%
125
10'%
97
;*89'%
17
93/4
•
•
♦123'%
10%
22
933/2
21%
21%
125
10%
97
98
*91%.
21%
*123'%
10
300
21'A
10%
*38r
18'%
{
22 Ve
125
21%
21'%
71%
90%
40
22 »/2
1
100
21
'
*88%
19
39
•
*953/4 ,96
:
10'%
103%.
71%
38%
.California Packing coihmon__No par
8* preferred
L_
;
H
Callahan Zinc-Lead
1
Calumet,As Hecla Cons Coppbr—^.8
Campbell W A C Fdy;
_No par
4,200
..
10%
*50
10*A
5,200
5'%
42
$v*
8%
57
351/4
••
32'%
•28
•38-
i
5%
323%
29%
90%
common—.No par
.
4,400
,
32%
20%
39%:
r
•
Zinci
8 3/4
103%
34%
64
42
♦50
42%
32
100'%
89%
...
270
240
3,800
32
'
38 >%
common;
2,500
v,
95
5'%
*41
8%
42%
63%
*933/s
64'%
96
53%
103%
34'%
32%; •;
*18%
Common
63%
♦93%
57
10%
•
33
pfd_.100
preferred:
400
7,300
25%
*42'%
42
*50
103%
21%
713/4 ' '
—.2—.100
2nd
17
47
25'%
,
•82'%
51%
8'%
55
123%
125
*123%
No par
Inc—
preferred
Copper
8'/4
:.
343%
20 3/4
•
¥
No par
1
Co
*16%
3,200
2,400
V.
'
18
..No par
...
313/4
•
96;
•41
42
....
S
57
103/4
100
*
31%
200
18%
*44
25%
32
82'%
43%
II
I
^
.
47
24%
.
32'%
81%
-2.50
,
343%
18
t.
17
*44
47
■'
24%
80%
participating preferred—109
Byre* Jaekeoi Oe———Neper
.
24%
I
common
Byers Co (A M)
,
*44:
47
24%
-«42%
'
3
163%
18%
313%
Share t
9 per thare
♦343%
34%
18
'
*43. *
100
Terminal,
i——_
1
Bldg 7% preferred.JOO
4%%
f
Bales fer
the Week
1
.No par
preferred
Butler
16 3%
16%
-*
47
24
preferred
;
100
Burroughs Adding Machint—No par
9
Feb
31%
*34'%
18%
♦43
Bush Term
Jan
18
163%
CLOSED
9 per thare
34%
343%
17%
30%
'
3%%
3
I per there
34%
17%
_no par
Watch
Bush
89
•34
:
15
Jun
t per thare
35
V
FrtdmF
June 25
Thursday
June 24
;,
18
STOCK
j.l
common
-Niag El qorp 3.10%
4%
June 23
17%
No par
common
Bearlpg
Bullard
Burlington
Wednesday
June 22
perthare
•34
4;
|
18
Corp
preferred
Buffalo Forge Co
'•
Tuesday,;.;/..
v
June 21
9
■
Neper
preferred..
Co
(The)
6
Jan
Saturday
9 perthere
''J '
8
11
Dee
11%
35%
33%
Brass
33
35% Jun 16
t
Jan
6 % Feb
9% Mag
*
♦32%
June li)
A—
preferred'
7*
Budd
25
104
17% Mar IT
82
24% Feb
IB
140
1
'
3%%
4% May 18
26% Jun 25
.
13 T
Oct
48%
88%
21*
;
preferred
3
15% Jun
Mar 17
Feb
Dm
*87
Bucyrus-Erle Co common..——.3
•
18
i
17% Jun i
*
98% Jan
Dee
Feb
Shoe
10% Jan
Mar 12
8%
W9
88%
No par
97
97/s Mar 16
34%
131
88%
•
Brunswlck-Balke-Collender
•
15
Jun
Jun
88
Mar 16:
8%;May
Dee
88%
|
3
Jun
971
7% Mar 18
78
Mar
100 i,
28
Feb
HO
88'%
Co
Apr 30
May 27
243/4 jun
Mar 31
3%
17%
90
18%
n6%
(The)
cum
Roller
Brown
14
90% Jun ;21
11% May
12% May
,
*88%
*88%
/
100
Bristol-Myers Co common
3% V preferred———
Brooklyn Union Oas.^
21% May 15
43% Jun / 1
16% Mar 18
81
Jan
6'
29% Feb: 14
79% Feb
2
8
Jam
sM
600
90
Branlff
Airways Inc
Brewing Corp*, of America
Bridgeport Brass Co
Brigge Manufacturing
Brlgge Ac Btratton
I
,
;
22
As Maine RR (assented ).10O
Bower
11% May 15
74% May 17
Mar 30
x32% Feb
25
24% May L
13% Feb 11
122 % Jan:
'
96
14
79
Jan
104
Jan
27% Oot
.
32
12% Feb. 13:
108%
,
1
13
.
16% Oct
10
,
Deo
24% Feb
,
13% May
84% May
Jan
90% Feb
88
/.
Jun
11
Feb
Mar
95%
May
72
Feb
37% Not
May
84
Deo
102 %,. Apr
23% Fsb
38% Feb
22% Feb
,
.
Dec
80
Not-
14% Feb
86%
25% May
Feb
Boston
21% May 22
•
Co
3%K>
101% Apr 27
26
As
class
Borg-Warner
34% May 18
3
Feb
Borden
9
37% Jun
15% Mar 18
25%
20%
♦213/4
„No par
9
11% May 15
367/. Jun
9
63
13% Mar
21%
'
Co
May 24
'10% May 18
71' Feb 10
Apr 28
9% Mar 16
Deo
27%
87%
21 %
163/4
Bond Stores Inc
5% May 15
50
•0
109%
*86%
213/4
Ne par
B
Jun
42 -Jun
31%
.
87%
2lJ/t
^...1
Aluminum
Ami
Class
96
33% Mar 19
40%
*86%
21%
21%
Co
65
3% Mar 16
Feb
W)
44% Jun
J
2
39%
Bon
,
27% May li
24
42% Feb
Oct
Sep
20% Mar
2
(I
Bohn
,
12
41% Mar
May
,69
4
Jan
102
30% Nov
>
29% Apr 16
37% May 18
Jan
7
-
v
21% Feb' 10
118
12
May
23% May
Febll
323/4 Mar 13
Jan
30
87%
•21%
;
Bliss As Laughlin Ine,
Bloomingdale Brothers
Bosing Airplane Co__^
49%
9%
*86%
21%
.No.par
34% May 27
38% May
37% May
3% May
87
21%
No par
;
22% Mar 16
Feb
Deo
87
*36%
♦86%
com.Nopar
Co
15
'
20%
37%
10
Blask St Decker Mfg Co_
4
Det
35%
81
May 13
Not
89
20%
37%
31 %o
Ce
t.
28
X13
May
88%
8 per there
67
i
3,700
20%
1946.No par
KXCHANQB
Fsb
41% July
24% Oct
Deo
45%
20%
290
37
21%
*102%
i—
18%
•
5,100
—100
Carpet—
Bleetrie
35%
28% May
10,000
11%
46
37
NEW YORK STOCK
,<
Jan
X20H
4
(Del)
preferred
Lowest
I per thare
May
'29%
Range atn«« Jan. 1
Highest
Highest
May
11% May
18% May
42%
11%
'
STOCKS
Year 1947
I per thare
413/4
11%
♦16%
Loan? com
Bigelow-Sanford
Range for Previous
Lewesl
♦44%
42%
11%
203/8
.10
i—
Steel
Birmingham
14
443/8
42%
11%
20%
Jj-*—--•—-——1
14% Jan
443/a
43%
113%
37%
...1
;
37% May 13
:
16
45
43
19%
I
Foods
443%
11%
37%
—.1
Co
St
45
iO
common..
Sir of
1,100
43%
1
pfd $3.25
26%
103/4
121/4
,80
Appliances—-
Indus
26%
.;
43
♦43%
*44%
—1
Aviation
Beneficial
2,300
20%
100
Co
preferred
Bendix
Bendix Home
190
50
38
,
3,50
....
Corp
Howell Co
4%%
>
May 25
87%
1
As
7,400
49%
.100
Aircraft
Bell
V
16,300
30%
77
19%.
pfd:
RR
Packing
Beldlng-Hemlnway
27%
26%
29%
38
;
8
25%
500
*75%
,
50%
•
15%
18
.
Shoe .(A
Feb
125
Jan
pfd
conv
5
21% Jan; 2
J14 Apr 28
18%
—.No par
common
Mills,' Inc...-
30% Feb
133%
Co
16
38% Jun
'
18
Deo
3%%
9
103% Jun
:
1
20
77%
Foods
Bsaunlt
8
19% Mar 22
11
23% Jan
.
Beatries
20% May 21
93% Mar 16
39%
Sep
Cigar* Ins.——
Bayuk
•
•
X28
/ •45
12
Jan
24% Jan
45
V
43%
8
15% Apr
11
Jan
60
—
8) 4%*
Aircraft Corp.s.
37
16
Jan
preferred
OIL Co——l,.*,—.
Iron'Works Corp——».li-
34% Apr
9
18% Oct
Jan
Jan.
100
'
2
18%
2
22% May
Feb, 11
32% Feb
.
May
17%
90-
4
24%
Dec
'
•
„
Barnsdall
.
43% May. 19
2
May
4% #
.10
common
Bath
7
23% Jan
13
16% Mar 10
Feb
39% Mar
15
16% Mar-31
4
Feb
85
Jaa
40
12% May
.
Jan
Dec
10% May
16% May
93
Jan
Jun
8% May
29
30%
.
Jun
45s
44% May
11
•76%
preferred....
;100
Oil Corp (Delaware);.S0
Barker Brothers
14
Feb
6%
Barber
May 14
28% Jun
9% Feb, 24
35%
18
59
Mar 24
•
Conv.
80% May 12
11
x42 % Mar 1J5
60;
15%
114%
♦112'%
2'%
2%
6%
-
:
133%
115
6%
*29%
30
•
13
*112'%
2%
12,900
■■;..7-,.//v
6,800
30'%
800
13%
12,600
120
115
*42
42 %
*42
43
♦42
43
19
183%
*18'%
18%
*173%
18%
♦18
18%
18'%
18%
18'%
18%
120
18%
18%
•
'
♦
17%
.
18'%
;
78.000
Volume 167
"
Number 4711
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2790)
15
NEW YORK STOCK RECORD
Ranee for FYerioas
stocks;
Year 1947'
Lowest
9 pershare
9 perthar$
XHi
11
•0
Mar
11
Feb
57% Feb
Mar
5%
Dec
NEW
Highest
9 per share
1
13
5% Jan
.181
551
2
'
.
Feb
6
Jan
100% Feb
18
110% Jun
2
Dec
39%. Jan
27% Jan
2
31% Apr
,3
38
Dec
50%: Feb
32% Mar
4
21%
Oct
14'
Oct
35% Mar 30
6
45
Jan
7%
29 % May
132
Feb
35% Mar
158%. Jan
Dec
49% Mar
54
17 %
Mar
Dec
Dec
156
52% Jun
Feb
5
Feb
26
13
39% J.un
9
97
Feb) 10
104% Jun
17
123
Apr
Feb
140'
*
22% Feb 28
J9%
21% Feb
18 % May
Dec
22%
Ifeb
7% May
14 %
Jan
7%
Dec
100 %
Dec
77%
v
3
116
4 % May
11%
12%
Jan
16%
Dec
Jan
rj9
Feb
I
f
'
4
7% Jan
Oct
6
10% Jun
23
Dec
14%- Feb
Nov
35%. Mar
22% Feb
11% May
21%- "Jan
13% Feb
10
20% May
"y
30
Oct
27
Feb
110%
Jan
19 % May
Dec
10% May
23"
20%
Jan
.40%
Dec
3%
30%
Apr
Oct
Jan
4
8%
Feb
6
8% May
15%
Feb
12.
4% May
2% Dec
9
Chic & East 111 RR Co
Jun
23
23
Chic Ind
23
Clsss
14%
Feb
7% Mar 16
12% Jun
23
38% Feb
30
22% Jun
24
Nov
53%
35
46% Jun
25
20%
Jan
34% Dec
51% May
—-
56
4"
Feb
28% Feb
July
11
40:
49% Mar 20
25% Feb
~—
v
Feb 11
--
18
45% Jan' 22
ioy4
15%
Dec
*32
•
Sep
23
Feb
14% Feb 11
3% Jun- 23
4% Apr
31
Feb
id
42
52% Feb
11
29%: Jan
23% Feb
4
-es a Dec
111
Feb
X94% Mar 11
21% May
37% May
28
Feb
20% Mar 13
48"A
Jan
36% Jan
27% May
34
Nov
287/s Mhr
9
11%
Feb
7% Mar
29% Jun
9
May
78
Dec
12b/b May
33
94
f Mar
78
26
Jan
6
May
20%r Feb
15% ■Jan
34%
::
6
Jun
Jun
95
34%
Nov
43% Jun
107
Dec
27%
106
Jan
115%
Jun
80
Feb
71
Dec
101'
Dec
87
Dec
24%
6
111% Jun
5
108% Jun
Jan
2
14
78 Va May 20
47% May 19
Mar 15
32
May
39% Mar
23% May
5
Dee
48%-Mar
7%
30%
9
34
Dec
•9
Deo
154
Mar
Mar 16
35% Jan
10% Jan
v
I per share
141
< per share
May
x61%
1140
191%
Jun
May
"33" May
56
Dec
87
Nov
153
Jan
Feb
11
183
Jan
•
31% Feb
105% July
v
88% Feb
9
Dec
46
Feb
Aug
22%
Oct
16
18
May
8
-
12% Feb
11
Feb
16-
Feb
11
Feb
11
17%
Feb
12% Feb
13
18
25
16%
Feb
11'/a Apr
223/4 Feb
13
173/a Jan
Jan
20
32% May 15
32%
Jan
22% Feb
11
31% May 12
10% Feb
13
Apr
12%
Oct
11% Dec
22%
Feb
■:?
86
147/a Jun
9% Jun-21
24
13!/4May2i
Mar
62s/» Apr
30
78% Jun
30% May
39% Aug
28% Feb
27
38
80
Feb
35% Feb
5
37% Apr 16
43% Jum 4
Oct
36% Jan
Feb
90
Jait
2
102% Jun* 16
26% July
20
Feb
13
293/« May 26
2y4 Feb
10
Dec
36
May
48%
87
Dee
118%
20% May
"£• 2% May
4
:
Jan
84
Dec
123%- Jan
25%
Nor
33%. Jan
23
96#/4 Jans
33%
30
35%. Feb
Apr
4% May
4
21
Nov
104%
Nov
14%
Jan
Nov
7
Feb
11
28y4,Feb
29%
Feb
108% Mar
106-
14
8% Feb
10
20
4%-FCb
11% May 20
34% May 19
32
-
11
Mar
Apr 27
29% May 14
f
Mar 17
JI
15
3% Jun 24
«
i
259/4 Feb
*
8% May
23% May
51% Jun
15
May 21
6% May 21
5
25
Jun
23
103% Feb 10
106
Jun
23
'
vS"*:
11% Mar■■
10% Dec
20%
15%
Feb
Feb
-
!.v
.
'
:VV
11% Mar 16
9
Apr
y ->y •'
12% Jun
21
30
40% May
54%. Jan
43% Mar 18
51
17
30
ltys'Febill
273/4 May 2o
15 y4 May 12
May
12% May
"lO % July
Jan
18%
Feb
Feb
24
12% Mar 31
17% Mar'
30
Dec
38%
Feb
99%
Dee
114%
Feb
32% May
84% Dec
11
48
Feb
104% July
10Va«Jun
xl5% Jun
11%
Dee
20%
Feb
Dec
106%
Apr
84y»,Mar23
Feb
30% Feb
30%
Dee
44%
•I
Dee
•
May
110% July
13% Feb
44
May
55% Deo
4% May
31
.
Apr
14% May
For
12%
Fab
93
Mar
10
Feb
48% Mar 17
6
Feb' 27
65% Dac
46% Feb
19
1*-
footnotes
Fab
see
page
24*.
11
Mar 16*
8%
8%
18,300
113A
12%
80,000
37
383/B
37%
37
373A
28,100
21
21%
213/a
22%
21%
22
25,700
45%'
46 -■/>:-
45%
46%
46 Va
46%
37
37%
36%
37%
37
37
38
,
r;
3,800
53%
53%
52%
523A
523A
52%
500
38'A
39%
13,900
68
68 Va
1,200
2,200
400
640
55%
:: 12
12!'.
;
123/a
;*ii%
17%
17%'
18 3/8
18%
■v
"
33i
3%
56
.,28
38%
40.
63%
64%
„
Gas
Klec
dt
8.50
com.:
preferred
28%
100
Milling Machine
Co
55
I
*39
3'/a
3%
55*"
54
*40
;v
41%
64
41.%
■
/
54
55%.
63%
643A
64
i
-
C.
*40
42
64%
12,
*11%
■a-'.
54%
-41%
6t Louis
Ry Co com
47%
30 3/4
v.:
31 %
*80
200
"
42
64 Vb
65 3/b
^
47%
;
3iy»
3DA
8%
8%
8 3A
W *18%
37
>169
/'
ICO
..
64%
18,800
7,800
s.
101
.
'•*
.
26
26%
1.900
5,700
,:"
48
47%
47 Va
*30%
31 Vb
8%
8%
♦785/b rt,847/a
18% 119
.19.,37%
.
37%
28 3A
28 3/b
,.♦99
25%
3074.
30%
8%' ■5" 8%
84%
19'
.19'A.
"*36%
* 190
■
*80
84%
28-%
101
*99
25%
48'A
31%
>80
»37
♦169
v
253/4
*8%
84%'
28%
101.
/
25
47%
■
19
v
100
-*99
243/4
*30%
/
9
*8%
,
101-
♦99
25% :/f "24%
4 7'A
'V 463/4
*25%
28%; 283/a
263/8
27%'
29%
101
•99,
16
non-cum
preferred,,.,",.,106
*85
Cleve Elec Illuminating com__No par
64.50 preferred
No par
Clev Graph Bronte Co com
1
6t
*78%
84%
48
,
37'A
.r
,
18%
37 3A
373/4
600
500
■
•
.
19
373/4
190
*169
190
♦169
176
*i7o
90
*85
90
*85
90
*85
90
v.'
1,300
>..
6C0
,
176
RR
gtd
4 %
7%
Co
383A
393A
110%
*28%
29%
*107%
108%
80
*76%
gtd
stock
00
165/a
1
\&i 24
8%
_I
preferred
i%
cum
•141
2nd pfd—_«.100
■aforday
"
146
♦141
,
...—No par
CLOSED
preferred
System,
Pictures
cum
Columbian
108%
70
79 3A
*78
*45%
48%
16%
17
25
100
16
*15%
29 Vb
28%
25 3/8
25
613/4
40
9%
25'A
8%
maa
SALE
~
90
13%
93A
*94
94%
'
;
-
23-."
25
.*22%
24%
-
183/b
168
613A
90 Vb
1,800
4,300
146
90 Vb
90%
10
91
Friday
Tburalay
168
62
■
June 25
1,800
*168
40
94%
94
94
23
22%
23%
23 Vb
24%
24%
25 >A
X25 %
18
18%
18%
19%
19%
163/b
16%
16%
700
62
1400
40
19% " 19%
17
163/4
for
Shares
170
62
*1250
62
*1250
403/a
Sales
the Week
1 per share
168
*61%
.v"
,
40
403/4
.
*142
146
1 per share
168%
*61%
*1150
173/a-
•
"
18
19%
,18%.
19%)
153/4.
16 "
16
16
.
16%
40%
200
40%
6,200
'16
,
94 Va
22%
23
1,200
25%
25 5/b
26
9,900
194
.
"" 18 Vs
19 Vb
1,800
17
18%
3,470
r";:
•18
17
/
"
12,500
1,620
16%
15%
163A
16%
17%
1.380
29%.
29 VB
29%
29
29 Va
28%
29
2,300
29
28%
28%
28%
28%
28%
28%
1,300
13%
"
10%:
♦70
75%
36 3/b
43 Vb
14%
14%
143/b
14%
46,100
10%
10%
10%
10%
103A
2,900
10%'
76
*71
75
200
35'A
35%
36
35
36
2,700
42
41%
413/4
41%
413A
1,900
50'/a
2,000
♦71
76
♦70
76
*15% V 16%
'"14%
.14
14-
10
14
42%
17
18%
19 Vb
18%
29
,
10%
35
,
" ; 16
220
94
23 Vb
♦92
29
*15%.
16%
29%
.29
'
49%
..100
100
34%
50%'/
26 V2
com__No par
3%
103%
Conde Nast Publishing Inc;_.No par
Congoleum^Nalrn Inc
i
No par
Consolidated Cigar,.
„Ne par
*10%
27%
42
X41%
♦993/4
3%
86 preferred series*..
No per
Commonwealth Edison- Coi_._
2$
347/b
49%
,
26%
South
35
42
.
'
1003/4
No par
:; 497/b
50 Vb
50 Vb
50 Vb
993/4
100 Va
100%
1003/4
26 Va
27 Vb
26%
26%
?3%
33/b
3%
; 1033/8
1033A
102%
27%
27%
27
*103/8
103/b
10%
493A
100%""
253/4/ 26 3/b3%-
3 3/b
i
103%. 103%
104
273At.
273/8
273A*
10%
10»A-
10 3/a
50 Va
33 JA
33%
303A
33%
:
*30%
33%-
26%
8,100
3%
33A
3J/a
93,700
103%
101 %
101%
2,600
273/a
27%
27%
19,800
10%
"34"
34./
33%
30%
30%
"
30%
Coppsrmines
N' Y
Corp
8
5%
5%
com__No par
243/e
105 5/b
1055/s
16%
....
24%
No par
16%
$r preferred
5%..
53/8
24%
"v
16%
105 3A- IO53/4,
5%
10 3A
103/B
700
34 3A
1,900
34%
34%
30%
♦31
30%
.5%
5%
25
243/B
243/a-
163A
,,
"
v
" 5%
24%
31%,
'
53/8
T 243A
25
106
1053/4
163A
1053/4
105%
17
106
880
253A
S
30 3A
100'A
100
*
"
of
3,700
8%
36%
8%
36
June 24
;
9 per share
169
"15%
74
No par
63.60 preferred
Edison
60
26,600
PRICES
June 23
•
""
36 3/8
"142-
Wednesday
/
87/a
36
145^
*89%
"
w^-No par
Co
Commercial Solvents*
Consolidated
12,000
793A
48%
,17%
17
'
19%
15 Vb
Columbus* 4t Southern Ohio Ilec.,16
Commercial Credit common
16
Consol
108 Va
*45%
36
145
*1150
40%
17%
v
Inc__No par
preferred-w
Si
V
897/b i
and
" 169
•
23
common__No par
Carbon
Commonw'th
1,300
108%
25%
/
36
9 per share
'
''
24%
.
$4.25
146
June 22
62%
94%
No par
lat
Columbia* Gas
25
Tuesday
170
40%
4% non-rum 2nd preferred
100
Columbia Broad Sys Inc cl Al___2.60
Class-B
2.56
Columbia
70
29%
40
*78
,
'
36%
V.V. 89%
shareV
'1150
EXCHANGE
1093/4
29%
173/4
x8%
'
36
90%
"
62%
STOCK
40 '/a
♦109%
293A
'
preferred,
non-cum
9
,
170
par
39%
1093/4
1
9
36%
8 per
oommon.No par
;.
25
24%
78
17
■
29%
*107
48Va
♦45%
•
:•>
108%
77
17
June 21
I per share
*107
48
16 3/8
Monday
June 10
Colonial
Mills Inc
8
Colo Fuel A Iron Corp com_,No par
.
■' Mr cum conv preferred
.2<L*
Colorado St Southern Ry com... 106
4%
30
76%-
*45%
low
STOCK
Collins S* Aikman
.
39%
■,
109 3/b
110
29%
:
107i/2
76%
v
24%.
,
*90
Corp
No par
Colgate-Paimolive-Pset cora__No par
$3.50
393A
39%
*109%
29%.
107%
17%
36%
100
,
39%/
109%
28%
..
49
,
,
No par
.1
78
*45Va
eom
38%
109 3A
"
No par
Molybdenum
*85
V
.^,100
Pitts
Special
90
*109%
16%
5V2
25
.400
6.000
22,800
105%
700
17%
3,700
12%
3,200
V
•
Consolidated
Orocerr Cerp_.,1.33%
Consolidated
Laundries- Corp,
$
-v
Consolidated Natural Out
16
Consol RR of Cuba 6% pfd1.,—100
11
12'A-
12%
16%
•113A
12%-
12
:
12
12
■
17
■;
i
*
12
48
49
%
46%
48
7,100
'243/e
23%
233/4
23%
233/e
4,000
14%
14%
14%
15%
15%
15%
15'/r
153/e
9,500
10%
10%
10%
10 %
10%
44,000
49
47%
47%
473A,
48«.
48%
22%
23%
22%.
223A,
233/8
'-i 14%
14%
14 Vb
14'A<
•14
143/4
15
14%
143/4
Xl4%
10JA
11
10%
10 3/0
103/«
35
35%-
35
35
-
'
Consolidated
Retail
Stores
Textile Co
Vultes
lnc
Inc
lOe
Aircraft
conu
$4.50' preferred
;
_,X
1
No par
35%
35 «/b
No par
1033/4
104'/♦
36 5/b
/ $5.50
7
9%
12%
54 Vb
—106
17
May 15
83A
11%
55%
33/4
25
Jan
9,300
9%
12%
37%
17%
91% Jun
98
8 3/4
12
1
*53%
12%
33/4
16% Jun
40
143/0
36%
17%
Container Corp of America-com__36
4% cumulative preferred.
100
Continental Baking Co com__No par
3
14
53 Va
Consumers-Power Co
5
10
143/b
'
preferred",,
Consolidated
99% May 25
v.
14 Va
8,500
Consolidated
17
14%
3%
23
106'/2 May 25
42% Jam
5
94% Feb 10
103/4 Mar 17
84
„
6,200
14,600
14
18%
35% Jun
30
11
2
UVb
20%
3%
l63/i Mar 20
7
32y4 Feb 27
lOOVa Apr
35% Feb
Jan
103/e
20'/a
18%
.7."/
11
25,500
12
21%
3%
\x%-
/ *18% Jun
13%
U%
18%
Coca-Cola Co (The)
Clats»
Apr 20
32%
13%
10,000
.
; 11%
•12
Per
2
Dec
14 Vb
100
9,500
8
14%
20%
45
I
Coca-Cola' Internal
Nov
13%
7%
13%
3%
1%
2
25
8 Vb
14%
*18%
■■
8
Jun
7%
12
205/s
44%
■
14
21%
37
193/4
44%
863A
3,100
: 11%
Clustt Peabodr 6t Co
;
May
Dec
35%
20%
25,600
'
EXCHANGE/
21%
83
36%
10
Industries' Ine
20% May 22
18% Jun 25
<
*86%
14
133/4
11%
11%
19%
_No par
i
Corp....
21%
10
10%
300
38%
68 Va
Clopay
19% May 25
11
Feb
96
87%
.
y 20%
8%
8
;
38 y*
*865/a
14%
11%
28'A
87
28%
3734
68%
>
25% May 18
26% May 21
11
17%
I 9% Mar
8
Oct
Feb
20%
May
Jan
453/4 Jan
193/4 Mar 17
18
12
13
*27
38%
*27
68 y2
NEW YORK
—
11
23%
16% May
13%
14 Vb
38
28%
38
100
14
14%
28%
2,600
"68'/a
5
63% Jun
•
.........
14
1.000
24%
98%
86 3A
13%
29%
24 '/a
•
68 y4
9 per share
61% Mar 28
May
500
15,900
,
98Va
*
24%
99%
■
187/b
67%
Climax
•
65%
1155
'
4,000
67%
HIghesi
$ per share
1,100
26 Va
.
29 Va
293/4
243A
99'A
11%
13%
18%
13%
20
■
18%
293/8
25%
26 Va
99%
13%
19
STOCKS
Lowest
30
26%
.
67%
Ranga slneo Jan. 1
Highest
20,400
A"...__100
Cleve
.
92% May 20
Year I04T
18%
8'A
11
55-:'
preferred
Range for Freviena
Lowest
183/4
143/g
13%
55
5
10
Feb
26Vb
73/4
14 V4"
8'/4
3/4
13%
11%
preference__No par
&
preferred
"36% May 17
Jun 23
145
137
Deo
10%
26
7%
20%
37
Clinton
81% Mar 18
Feb
91%
1
18% Mar 22
<
11%
10%
39%
25
42% Jan
"14%
11 3/B
38%
5%
Q
Jan
11
30
100
'
7
'34'% Apr
30'A
39%
4
6
28 Vb.
/ 9%;510
9%
13%
7
34%
I T Financial Corp
,..No par
City Ice Si Fuel
No par
City Investing Co common.—
8
8 % % \ prefert ed.
,>.4Q0
City Btores "
-^......4.-^
,|
Clark Equipment Co.
26
14
72
Feb
140
Jun
41% Jun
88*
>
31
11
25
87%
*8'6%
10%
C
17
107
Feb
14%
10
26% May
Jan
42%
29
105% Jan
35% July
Mar
109
Nov
Jan
34% Feb
30
f
38%
C C C 6t
85
813/8
38 3/s
4%-
2
38
813/B
11
30
833/a
:107
37%
Cincinnati
84% Apr 20
21
May 21
27% Mar 18
Nov
*81%
83%
7 3/b
♦106 3/4
'
3
Jan-
9 Va
7%
:106 3/4
38%
Cinclnnetl
14
10
9,900
9 3/b
7%
106%
♦99 Vv
38%-
19
37
Copper Co
Chrysler: Corp
17
Jun
4,500
73A
7%
293/4
;
-
28
v
11%
par
Chile
;.
May 17
48% Jun
9 %
9 Va
9%
108'
is ye
13%
44
Pac
3,400
37%
5 % %■
24
33-
•
Is
600
17%
'
Co__No par
101% May 26
27
87J/4
-.106
19%
17
26 %
.V
24%
373/4.
No par
com
19%
17 Vb
10%
100
99
28
8
19%
16'A
*85/a-
30
245/e
28%
P vtc__No par
Childs Co common,,,'.,,,,,,-,.,,:
65% Jun-10
Jun
Paul 6c
19%
RR
3
66% Oct
£
•29%:
*
25%
100
38%
;.
19%
ley*
400
series
Chicago Yellow Cab_
Chickash#- Cotton Oil
2
63 % May
18
*86%
28
preferred vtc
Rock
Conv
19% May 27
7% Mar
17 V4
37%
No par
$3- convertible
Chic
xl2% May 18
rj
Rjr Co' cl A
Chicago Pnrumat Tool com__No
j
5
Jan*
42% Mar
Nor
8
Jun-
11
52% Jun' 25
"Dec
86%
71
Feb
18
13%
prefefred
5%
24
21
-
Strict A
2
153/4
Jan
Nov
Jun-
39 % Jun
Louis
Chicago Si Northwest
May 21
57
Si
B_
i'; Chic Mllw 8t
23
27% Feb
Apr 15
14% Mar 9
38% Jun
Nov
263A
13%
9% Jun
10,900
29 y»
9%
123/4
14% Jun
13%
26%-
7%
2
210
343/b
133
~
13%
4% Mar 16
33%
•
7%
Feb
23% May
11
123/4
6%
6% May
11
*85/b
137/a
p.referred,,i.",--,L.,,i,,6©
134 %
*81%
40
9%
104%
33s/b
833/a
com„No par
•"
104 Va
3,000
21,300
104
*813A
Chicago Corp (The)
1
Chicago Great West RR Co com_,50
21% Jun 23
37
*104%
40
613A
36s/e
133%
73/8
28%
100
Class A
14% May 21
12
3
preferred
61
37%
33%
♦106%
9%.V;
27
0-'"
13%
1453/4
62
36%
133 %
7%
ll'Av
30
♦145
613/b
333/8
8%
9
:
*99
145%
600
49%
34-
108 V2
293/4
24 Va
»
1,400
3,800
49
19 V*
•
26%-
29 Va
■
Chesapeake* <Si Ohio RJr common__28
35/a%' convertible
19%
17
Ne par
8
7% Jan'
10% Jan
Belt'. Co
8%
49%
<
133
32%
*73A
83 3/a
17 s/b
39'A
8%
145
61»/4
363/4
104^4- 104 y4
163A
8%
16%
*38%
8%
49
49%
145%
*106%
75/8
107 Vs.
17'A
38%
8%
,
16%
♦19
17
163/4
17
38 V*
8%
133
26%
1
„
3,700
17%
38%
483/44
104%;
19 %
*85/8
500
34%;
16%
,
1,100
60%
19%.
8%
293/4
39 »A
*8y8
133%. 133%'
32%
323/a
7%
2934
393/8
*145
32%
8 5/8
293/4
39 5/a
60%
35
104%
105
11%
29
Jan 24
36%
34%
80
293/4
393/8
16%>
1453/4
60%
30
39 Vr-
•
48'%.
•145
400
2,700
29%
38%.
83%
47 %i
600
3834
.
39%
Vi
61
9.60
Sugar CO..
Jan
Jan:
8
34 y2
Certain-teedi Products!.
23
11
17
109%. 109%
110%
443A
29%;
38%
17
.;
♦38%
28
45% Jan
11
9% Feb
•38
145 %<
,
*813/a
24
7% Feb
29%
39
»109%
-
32 %
Checked Cab Mff-U-*—L——1.2»
Chesapeake Corp of Virginia-,,
8
8V4 Jun
Jan
Dec
109
63/4!
6%
110%
29%
29%
133 Va 133 y*.
NY Pr
8
14% Jun
12%
12%
109
♦51
♦109%
110
•104%
Champlbn Paper 6k Fib. com—No par
84.50 preferred
No par
11
6% May
" 4»A May
1
May 24
May
7
*106%
Central' Vloleta
.5
Feb
5% May
pfd,
4%.%
Chain
90
7
34%
26
6
30
7
60
106
11
■
7
29%
_No par
14
16
7
52
6%
6%
•38
No par
.
Jan
25% Mar 16
37% Jun
52%
•145
15% Jun
827/s Apr 29
♦51
48%>
26% Jun
9% Mar 16
102% July
7% Feb
•
33
52
48
100% Jan
{
16
*51
♦51
Centbry Ribbon Mills*.,.,,—_No par
Ceiro de Pasco Copper Corp
I
May, 21
10% Jan
20-
18
Feb
17
\ 28% Apr
24% Feb 28
17% Feb
90
•-
Feb
54%
Dec
81%
"
15:
1
19
8 Vs Mar 19
52
100
Central
May 27
39% Jun
51
PHarss
17
Corp; 3.40%- pfd_100
fCentrai RR of New Jersey
100
:
83:'
♦16%
>1
Central' 111: Light
•
'
9%
100%
Jun-.
44?A
17
8%
Corp common
preferred—I—
5%.
45
17
39
3
8% Mar108!
CLOSED
Central' Aguirre Sugar Co
No par
Central Fourtary Coi._,__».—,_
1
Central HUdson O «5» El Corp.,No par
7
45
163/4
17%-
8
■
9% May 27
:
2
22%
.
18% Feb.
18
102
96%- Apr
Dec
7% Jun
Feb
.
21
6% Feb 28
v
1
10%, Jan
!
16% Jun
•:
443/i
16%-
•8
1st- preferred',.
2nd preferredt
1%.
44%
16%
16%-
Celotfcx
.
45
16%-
6%
110
No par
Cslanese Corp of Airier comw^No par
^ 20% Jan. 5
*
Dec
EXCHANGE
45
39
$4.75
th*Wfeeli
9 per share
16%
—,——w,—10V
preferred
1 per share
45
1
common
9 per share
Sales for
51
STOCK
Cktbrpillar Tr»ctor__—
May 27
34% Jun 25
.
Co
Friday
June 25
Thursday
June 24
16%
I
Corp..—:
•
45
66
General
June 28•
I per share""
16
...—
Wednesday
June 22
9 per share
.No par
Co———
common
PRICES
Tuesday
June 21
-
,100
preferred) 4'#» series...
(J i>
146% Jun, 16
11
32% Feb
'
Case
68% May 15
Feb
f
19% May
*17%
Conv
R>il
81' Light
Steel
Corp
Carriers- at
2
22
108% Jan
130
Carpenter
8
130
Feb
Power
Carrier*
May 20
.53
28%. Dec
x97
9
Ohio
Clinch
SALS
HIGH
AND
Monday
Jttne 19'
9 par share
?*r
Na par
——
Carolina
12
43 Vs Jan
9
Saturday
*
'
*•
mils
LOW
,
•
•
Chrolinir
♦
19% May 2i
«% Mar" 1
Dec
47
'41% Jan
Mar 16
"
1
Capital Adtain class A common—1)
13 preferred A
—-—!
It*
Capital Airlines, Ihc.
lv
8% Mari'22
Nor
12% Maf
35% Mar
'
■
Ctnnon
May,,15
27
•,
'
■
STOCK
,
102
'
■
47% May 19
48% Apr 21
15 %. Jan
128
YORK
EXCHANGE
:
IV
14% Feb
Apr
•
9 per than
47% Dec
Nor
since Jan. 1
Ranga
Lowest
Highest
preferred
Continental Can
83.75
*96
*91
15%
No par
Xno
36%
•96:
97%
15%
15%
♦91
94
37
37
36%
•96
97%
96%
15%
15%
94
36%
96
35%
*35»/a
36
101'A
35%
101
101 VB
102
36 3A
36%
96
16
15%
16
94
•91
14%
*91%
94
*96 »A
16 VB
♦92
37%
800
900
1,030
2,800
97%
50
16%
6,000
94
36
38%
39
373A
38%
37 3A
383/^
No par
96%
96%:/;
97%
97%
98
98
*96%
98%
6
113A
113/4:
11%
11%.
11%.
11%
11%
113/8
11%,
11%
1.500
59
59%
58%
59
58 3A
59
59
59
59
59
1,700
common
preferred
13% May 21
63% Jun.
1
Coattaontal
Diamond
Continental
Insurance
10V8 Jun
24
Continental Motors
693/4 Jun
18
Continental
OH
19"% Apr 16*
Continental
Steel* Corp
of
101V* 102%
1027A. 103%
37
*14
Fibre
16
1
Dalawar*,,
83A
I
9 Va
-
8 3/4.
8%
373/a
t
9'/»
,
383/8
10
68 %s
69%
67 3A
67%
67
673/4,
17%
17%
17 VB
173A
173A
17%
9%
67
*
33
♦96%
38%
98 V2
9.600
300
93A
10
62,000
68 %
66%
68
9,800
18
17%
17%
1,700
10%
-
I4r
'17%
16
COMMERCIAL &
THE
(2800)
YORK
STOCK
NSW YORK STOCK
flntnrflny
EXCHANGE
June 19
Monday
June 21
12%
Apr
'
Bangs sineO Jan. 1
Highest
DM
18% DM
••
Doc
•1% Sep
DM;
Feb
13
17% Oct
20%
Pol
61
Jan
60
Feb
Pol
18% Feb
92
•2
32%
Aug
4% Jan
32
52%
52%
♦52%
18%
19%
46%
18%
19%
19%
48,
15% Jun 15
11
2
23% Jun
11
9
97
Jun
11
11
97% June 24
66% Mar 24
177
Mar 19
■i 5% Jan
2
3% Feb
2
6
Marie
2% Mar 17
16% May
Doo
11% Dm
Pel
29
Peb 13
39% Jun 14
107
Mar
95
Fob 11
98% Jun
2
16
Oct
Jan
15
lt% DM
30
Jan,
»7
40%
13
9% May 13
>24% Jun
8
26% May 27
Mar 16
x21
17% Peb 11
~41
Doo
62% Mar
M
Apr
DM
34%
06
106% May
12% May
66
DM
12
May
13% May
Jan
161
12% Doo
12% DM
26% Mar 16
Jun
1
Peb
22
Peb 10
28% Jun
66% Mar 17
26% Mar 2
78% Jun
14
2
Jan
17
37 V*
96
34%
Oct
Jan
17%
10^ Mar
8ep
16% May 21
177
19%
Peb
Nor
18% Feb 27
12% Feb
6% May
113% Jan
147
Dec
Jun
70
Mar
Feb
7
11
146
May
Mar 11
61
May
x31% May
7
14
16
19
18
26
30% Jun
10
94% Jun
24
20% Jan
17% Jan
2
6
8% Apr
Apr
4% Feb 11
6%
Pol
Deo
18% Peb 13
25
133
Jan 27
21% Mar 16
134
11% May
Apr
30% Pol
19% Aug
86% Sep
10% Nor
97
14% May
132
Sep
23%
Oct
Mar 16
20
87% Mar
13% Mar
16% Jan
Doo
24
12% flop
11
flop
23
Aug
21
May
29% Dm
22% May
1% May
;
9
Feb 25
15
22% DM
14
Doe
4
May
56
56
56
•20%
21%
20%
20%
20%
20%
20%
*90
97
*96%
20%
97%
96%
96%
*96%;
97%
*96%
98
*96%
98
97%
62%
97%
*96%
97%
20
64%
64%
64%
3,800
175 Vs
175%
2%
38
'
•7
115%
115%
115%
116
26'A
26%
26%
27%
74%
74%
•16
9
series B
Deep Rock Oil Corp
29% Feb
6
34% May 24
45% Mar
38% Jan 20
50% Jun 24
Delaware St Hudson.
10%. Feb
7% Feb 11
12% Jun
Delaware Lack & Western——
„
preferred
V
ctfs
for
.
9
21% May 17
Detroit Edison
62% Oct
08
Jan
6
60% Jan
9
13% May 24
10% Feb 11
22% Mar 18
12% Mar 30
31% Peb
Jun
1
10
22% Feb 21
16% Jan
28 % Jun
Jan
35% Mar 12
46
Jun
10
Jan
47
26
38; Peb 13
44% Jun
10
2
Devoe St Reynolds class A
Diamond Match common
24%
Peb
16
Feb 11
18%
Jan
13
Mar 17
19% Oct
14% Mar 12
26
40%
Sep
29% Feb 16
41
Jun
86%
Oct
47% Mar
0
56
Apr 21
Dixie .Cup Co common
Class A
34
Feb
16
Jun .22
23
Jan
5
Dr.
40% Jun
17
19
24
May
May
19%
21%
16%
46%
26%
91%
Dm
May
May
May
flop
Dw»
91% Dm
39% Oct
21% Jun
Jan
76
14% Jun 22
Feb
2
29
42% July
114% Peb
my* Oct
6Q
14
May
DM
21:
DM
98%, Peb
83
10% May
14% Nor
May
116% Doo
92% Doo
110% flop
14
Dm
23
Pelr
97
Feb
67% Apr 15
46% Jun 17
32% Feb 20
80
173
'
13
47% Jan.
.
2
6
106% Jun
15
Feb 13
106% Jun
21
Jan-
6
31% Jun 21
2
95
Peb
12 % Feb 11
20
17% Nor
12% Mar 11
18
19
197
July
129% Aug
107% Sep
115% Jun
19% Mar
164
.
.Jan
Mar 18
187% Jun
14
113% Jan 28
124 Va Jun
17
99% Jun
3
94
Feb
11
112% Apr
13
7
Jun
22
15% Jan
2
116
Marl5
I per thare
$ per thare
28%
9 per thare
25% May 27
17
20% May 18
22% Jan- 8
48% July
198% Oct
38% Feb 10
162% Jan 12
42% May
18% DM
Doo
88
16% Aug
175
Jun
17
67%
Dec
47% Feb 28
65% Jun 14
25%
Feb
17% Feb 13
19% May 17
92% Jun - 1
109
Feb
82
Mar
8
27%
Feb
13
Mar 16
111%
Feb
102
Feb 24
4% May
8%
Peb
20% May
10% May
65%
Feb
43
Feb 20
56
16%
Feb
11
Feb
16% Mar 24
104
Deo
23% May
2
flop
11% May
148
Deo
131% DM
5% Jan
16% Jan
2
106
Jan 12
5
8% Jun 24
13
Jan
Jan
32% Feb 19
1% Feb 11
37% Jun
3%
19% Feb
13% Feb-' 11
23% Jun 23
171
July
166%
Feb
139
158% Jun
123% Feb 11
Jan
07% Oct
49 V* Feb
Doo
24% Mar
25
Jun
Jun
22
-
66% Jan
46
Jun
Deo
27% May
102
May
3%
DM
1% DM
47% May
63
Nor
7%
17%
10%
22%
nl%
16
46
Jun
09% Oct
55% Feb 13
76
Jun
3
12% Feb
19% Jun
18
Dec
11
61
jZa
19%
38
Apr
107
Mar
4%
Feb
Feb
65
Mar
97
13%
24%
Peb
4% Jan
6% Apr 14
25%
Jan
May
60%
Oct
38
13% Aug
8
60
'
Jan
11
64% Mar 13
*14
Nor
May
5
6% Feb 11
Peb
Dm
Feb 27
50% Feb
Mar 17
7% Mar 17
Feb
10
Jan 23
40% Mar
14% Jun 15
15% May 19
2
x29% Jun 22
Deo
12%
67
12% Jan;
9
16
*
34
104
Jan
Jun
8
10
5% May 26
16
Jun
24
64
Jun
21
68% Apr 14
9
Jan
14
94
12%
31% Feb
For footnotes aeg
page
54% Jun
10
31% Jan
5
24.
Apr 23
13%
13
93%
*92%
93%
13 Vs
13'A
3,100
■
.;
10
-
3,700
7,600
9
9%
8%
37%
38
37%
38%
41%
41%
40Vs
41
34
34
34
33 Vs
33 Vs
>32%
33%
48
48%
48%
49
49
50%
49%
49%
10%
;;; 10%
11%
11%
11%
12 Vs
11%
12 Ya
34%
36%
53
53%
53%
54
5.000
21%
21%
21%
21%
8,000
*33%
.
;
47
34-
;••,•:
12%
32%
33%
34
51%
52
51%
53
21%
21%
21%
21%
;
*58%
64
13%
25
13
26%
*58%
64
18
18%
17%
17%
1,100
17%
17
17%
; 17%
17%
"17.200
16%
900
;
*16
16%
39%
39%
39%
14%
14%
;;f 105
14%
57 '
46%
i
,
104
124
105 %
183%
,
185
123%
98%
185%
123%
♦122
98%
98%
98
,
V
115
14%
115%
116
14%
*14
14
;
54
,
*17%
15%
16
3,900
14%
14%
56%
57
45%
46
9.000
2,900
.
i
6,300
105%
*104
105
104%
1,900
•
6,600
29%
30%
',*92%
95%
17%
17%
300
15%
15
,184% 185 Va
4,300
,
94
18%
15%
185
185%
39%
ii
30%
;>
1,200
y
104
;•;•
170
16%
39
106'A
:
-94-?
•17%
17%
16
30
>
100
39%
*52%
*15%
17
■
104
16
16
186
*104
10 , y
*16%
^
:
106%
-30 Vs >30%
■•'-• *94 y;
v:95Va,
95 'A
4-*94
17%
♦37%
56% ;;:57
46%
46%
:
*104
105%
30-o ,.,3o%
95%
57
~
,
53
16%
46%
106%
16%
■
39%
*37%
14%
r 57
46%
14%
56
16
16
39%
14%
115
16%
53%
106%
400
17^4
16
105%
44
17%
53
46
800
16%
38%
>
100
1,700
45%
*43%
44
43%
600
27%
■
*43%
53%
16%
'XX * 30% v31%
115
45%
:
2,400
14%
*13%
18%
16%
*104
*14
45%
38%
106%
*98%
45%
52%
•104%
•123
46
39%
•
46%
185
27
-16%
14%
i6 c;
27%
*37
58%
17%
27
*16
14%
13
27%
:
18,500
25%
13%
>
64,100
*
-V
13
25
25%
13%
;
300
5.000
,
43%
16%
57%
46%
*15%
13
*25 y8
14
*45%
-
39%
-i;
13
13
,
6.100
64
*58%
25%
27
45%
38%
;t?r*94
64
*58%
3,000
>
34%
-13
20%
16
39%
34
.
*13%
:
14
26
45%
;
45%
'44
X:
43%
18 - y F; *17%
,
,
8%
,
*247/e
25
,
17
21%
"
■
13
■
25
*13%
14
X21%
64
i6%
39%
.
;
35%
51%
i6%
•y
:;
;
185%
•
200
&00
121
600
98%
*97
98
97%
98
600
115%'
115
115
114%
115
123
121
,121% 122%
14%
14
:
Monday
Tuesday
June 21
9 pet there
220
14 Va
14%
14%
;
700
June 24
June 23
9 per there
22
22%
22
22%
22
22%
22%
18
17%
17%
17%
17%
17%
18
19%
42%
9 per
9 per thare
19
18%
18%
18%
18%
43%
18%
43v«
42%
43%
42#
43%
thare
19%
42%
; 173
62%
63
63
18
18
17%
18
4%% preferred—;
Ekco Products Co common
100
*89
91%
91%
89
89
♦88%
2.00
15
15
14%
15
14%
63
preferred—
100
Elastic Stop Nut Co
Electric Auto-Lite (The)
•102
I
:
•
i
•V
Convertible preferred
*102
53%
14%
14%
37
37 Vs
7%
>
•102
37
18 Vs
1,800
90
15
103%
14%
8%
8%
V 8%
8%
54%
54%
54
54%
14%
14%
14%
14%
14%
37
37
37
36%
36%
14%
14 Vs
37
:
;
No pot
2
22%
;
"
r 157
15K
*140% 142.,.
142
156
22%
i
50
Empire District Electrlo
10
—
54 %>
"♦15%
in
_i
'
54
.18
25%
*67
*53
15%
.
157%
143% .143%
52% ' 52%
143%
*142
53%
53
53
15%
15%
15%
15%
25%
26%
t 25%
,V.; 67
26%
*42%
46
"
69%
*
18%
19%
?
6
13%
13%
100
00
■"*" *15 Vs
;
,
.15%"
30% ,;30%
l
*101% lo3
-
•
X
;
63.
j\*65
;
67%
*45
46
69
69
18%
18%
19
13%
13%
.15%
30%
15%
30%
*100%
102%
*18%
.
*15%
';
'
15%
-
-
64
7i',
'6%'
6%
*16%
.:
Corp
s
9%
•45%
7
52%
„
"
^-27%
52%
;
27%v
•
5,
4%
'15%
15%
-
•65
72
6%
;
.
67s
♦16
9%,.
*6%
4%
♦62%. ;63y«
46%
Exchange Buffet Corp.
15%
14%
17%
Inc
8
1
"
;
X29% ■'36%
*100.
103
-
17
9%
63%
*67
69
5
63%
72
.
*22
23
*15%
15%
15%
15%
31%
32
32%
: 31
.
*100%
100 Va
102
4%
52%
28
22%
•22
4%.
5
15%
15%
64%
63%
63%
*67Va
72
6%
*63%
.*67 Va
72
..
*6%
27%
"
100 Va
16
16%
6%
13%
4%
6%
6%
-
15%
16%
6%
51%
13%
16%
*6%
19 Vs
13%
16%
9%
70%
:' 13%
16%
46%
27%
•■
;
6%
9»A
46
19
6%
*45%
*22
r
19%
6%
9%
46%
'51%
*44
.V69%
69%
9%
46
*6%
10
9%
46
*45 »A
6%
*6%
17
9%
45%
6%
28
28 Vs
28%
28%
51%
28%
22%
22
22
22%"
22%
52%
51%
52%
-
—— v
69
19
•
15'/s
:
15%
25%
•65
46
,46,
-
46%
.
15 %
26
67%
'
,4%"
4%,
14%
8
Ris«—8g
25%
70
;*44%. .46
68% 69
5
69
;
158
25
26Vs
*67
68%
'
a
Endicott Johnson Corp common—28
4ft preferred
■;
log
Equitable Office Bldg_
j_l
1
Erie RR common.—
jJNo pot
;
13% 4.13%
.
'72%
4
Co
15%
23 ya
158
53
54
•
;i5%
■;
22%
142%
157
'
JNO POt
2Vs
2
2%
22%:
156
141%
142
.
2
2%
23%
,
30
2,100
18
*102
103%
; :
64
*88%
14%
11,700
174
18
90
2,500
43 Va
1 42%
*63%
64
*102
54%
37
.
v
5,400
7,800
18
19%
*171
18
8%
54%
7%
22%
17%
63%
;i
22
19
174
*171
103%
7%
54
2%. v
2;
5% preferred
El Paso Natural Gas
Emerson Electric Mfg Co
Emerson-Radio & Phonograph
Fairbanks Morse Ss
:
103%
'
7%
54%
22% ' 23
*155
157'
50
Fa Jar do Sugar Co of Porto
.
/
Mharet
■
ft cohv* preferred.—XX.
preferred series A
Erie St Pittsburgh RR Co.
103%
.
No pot
5%
14%
7%
No pat
16 preferred
Electric Storage Battery..
Elgin National Watch Co
Elliott:Co common——J
*89
15
-
174
53%
'
Elec & Mus Ind Amer shares
Electric Power St Light com—No pot
•
;
*171
14%
,
J
rtnmmnn
173%
Baits tat
the Wesk
I per the
22%
17%
CLOSED "
Friday
June 25
Thursday
Wednesday
June 22
9 per thare
62%
Falstaff Brewing Qnrp
7,300
31%
38%
19
5%
400
30%
9Vs
400
41%
8%
64%
preferred
27
110
; ,v
37%
♦18%
$7
17"
26%
V
13%
Edison Bros Stores Ino common—.1
Electric Boat
17
*92 %
94
'r- 13
94
17
1,100
28%
16%
93%
*92%
13%
1,300
28%
31%
*92%
173
Ex-Cell-O
24
Apr 14
94
31
;
2,800
31
94
-
XXviXX 27%
31%
93%
173%
Eversharp
26% Mar 17
*17
26%
30 %
:
94
53%
STOCK
11% Jan
20
12% Jan
26%
30%
93%
*92%
•93
30%
52%
EXCHANGE
Eureka Williams Corp
Evans Products Co
5
;
26%
25%
94'A
*16%
6% cumulative preferred.
Eaton Manufacturing Co
4%%
30%
LOW AND HIGH BALK PRICK*
Eastern Stainless Steel Corp.
Eastman Kodak Co common
20% May 17
49% May 3
7% Mar 80
♦17
;
16%
39%
,
74% Jun-14
17
May
Dm
6
Jan
27% Jun 14
'
9% Mar 18
17%
9
17
25
67
4
143 % Apr 28
14% Feb 19
10
10
2% May 24
Feb 10
11%
9% May
1
39%
47
48% May
Jun
17
52%
>*# -
Eastern Airlines Ino
16% Mar 16
28%
94%
17%
17% '
17%
17ys
*16%
,100
Eagle-Plcher Co
16% Feb 11
28%
'
94
♦16%
*37%
No par
P«r
19% Feb 27
Doo
*93%
17
I
*■
1
9 per thare
Jan
31
140
40%
June 19
51
31
25,600
23%
23%
*130.
8%
gaturday
26% Aug
7%
7%
23%
140
28%
94%
t
EXCHANGE
24% Apr
7%
7%
23
*130
400
;
40%
45%
4
Jan
163
"*■.
No par
Du Pont de Nem (K I) 9t Co com—2a
Preferred 64.00 series
No par
Nor
57%
39%
26
—
■.
*56%
8%
13
f
NEW YORK STOCK
46% May 15
28%
17
*92%
25
190
Duquesns Light 6ft 1st pfd,
DWG Cigar Corp
56
140
40%
*13%
JNo par
No par
60o
Preferred 63.00 series
56
31%
28%
*137%
38%
*58%
If
preferred
International
16
42% May
;
•
-
No par
11%
14% Dm
•';
No par
oommon
cony
.
30%
31
40
140
:•
140
32%
No pat
B
Duplan Corp
Bangs sines Jan. 1
Highest
7%
23%
*130
50%
-
No par
—No par
Industries' oommon
Lowest
Highest
7%
23%
i'Xi
7%
23%
140
*93%
STOCKS
Tear 1947
56
'
64 preferred' series A
63.25 2nd preferred
Bangs for Previous
Lowest
56
v
Chemical Co-
Dunhill
57
200
*138
9%
17%
Douglas Aircraft
May 15
May 20
140
40%
XX"** 16%
Corp,
Dome Mines. Ltd
3%%
140
40%
26
Doehler-Jarvla
Dresser
140
300
16,900
10
xpXXM
Corp.
18
,Jun
11%
34
No par
Pepper Co
Dow
20
10%
11
11%
47
Distill Corp-Seagrams
Dlvco
20
11%
11
13%
8%
12.60
6% par tic preferred
Diamond T Motor Car Co.
60
40
20%
11
40%
6
Co
11% May
10% DM,
19% May 26
xl9% May 21
17% May 21
•20%
4,700
.
39
1
1
De Vilbiss
42% Not
17% Dot
'
21
*20%
21
94%
12%
12%
16:
.
94
2,700
180
12%
12%
88
31%
*94
_.
Detroit-Michigan Storo Co
Detroit Steel Corp
*159%
180
12%
*15%
26%
*93
Detroit Hillsdale IflWRR Co_10Q
13% July
*159%
12%
'12
1.300
i
16
7%
28%
31%
.
J;;'--:
—20
Apr
*159% 180
1,600
75
>
*15%
♦30%
26
■b;V-'v;
-.100
...
13%
*55
,
31 :
-.100
—
pfd
87%. Mar
Jan
20% May
26% Apr
Escrow ctfs tor com
20
29
13%
16
7%
*16%
v; *17
...10O
60
29
13%
-
20 xmm&z
.
29%
13%
76
16
17%
17%
No pat
common
73%
*28%
13%
10%
94%
i
38% Feb
Co
76
28%
'
16
23
—50e
2
75
13'A
*86
*130
60s
—
75
140
28
7
3,800
27
28%
*20%
*93%
100
-100
330
1,390
118%
26%
89
23
1
Corp (The).
Dayton Pwr St Light common
1
27%
*86
11%
30%
Dana Oorp common.
~
_100
Cum pfd 3% ft series A
Davega Stores Corp common— .8.80
5ft preferred
Davison Chemical
*116
117
89
140
No pot
Cutler-Hammer Ino
5,300
16
22
7% :
31%
•85
•130
100
300
31
100% 100 %
88
16%
•20%
2,400
43%
*84
23
pfd
116%
-.27%
'
11 V
,
*43
31%
88
Class A
15
26% Oct
2,900
98%
10%
100%
140
Jun
22
Oet
200
24%
99'/a
*83
Curtiss-Wrlght common.
13% Jan
16
23%
31%
57
4,500
38%
24%
99
57
8,100
.
*23 %
31%
*
10%
6,300
3
23%
98%
74%
290
,
4%
38%
31%
27%
1
175
4%
*98
31
No P*J
Cushman's Sons Ins 7ft
Escrow
39
99%
116
40
98%
10%
30%
140
46 Vs Jan
17% Jan
10%
38%
*98
90%
Denver St Rio Grande West RB
Aug
10% May
10%
99%
No pa*
preferred
Prior preferred.
35% Mar 16
19
10%
•23%
27% i ■■■■,,,: 28 ... 28
13%
13%
; 13%
13%
*159% 180- "
♦159% 180
11%
11%
11%
12
Cunningham Drug Stores Inc—2.11
Pub Co (The) com—No par
30
25
♦98
10%'
10%
510
2,300
2%
3
31%
26%
74%
27%
•
Oct
Jun
98%
11
•114
non-cum
Oct
54
38%
*98
38%
700
14
175
X
4%
99%
46%
36% Jun 24
39
98%
4%
2%/;
No par
45 Vs
14% Feb 11
2%
38%
'■■■
.No par
Decca Records Inc
32% Mar 16
2%
:
::
24%
Dayton Rubber Co—
Dee
4%
4% ;
43%
5
Dee
>175% 176
43%
15% Jan
19%
4%
2%
24%
Preferred 3.76ft
44%
175%
4%
*23%
10
6% May
26% May
20% Dm
62%
175%
62%
62
43%
6 ft
St
y
62'A
23%
Jun
23
56
98%
10%
lit
pfd
Iff
Cuban-American Sugar eommon—10
7ft preferred
100
Cudahy Packing Co oommon
If
4% ft preferred
100
Deere
14%
55%
24%
94
42
14%
24%
Preferred 3.78 ft series A
17
14%
•42%
17
Feb 20
390
2,000
55%
43
11
8% Jun
47%
24%
24
20%. Feb
46%,
13%
23%
Jun
9
,47%
14%
43
94
12% Mar
46%
24%
27% Jun
v
47%
23%
31% Jun
5
8,200
47
23%
14
Jan
19%
24%
43%
18 Vs Feb
85
19%
24%
24% Feb 28
84
Jan
2
101% July
23%. Feb
20%
98
*98
preferred
conv
19%
32
14%
63%
175% 176
4%
4%
2%
2%
14 2nd preferred
No pot
Crucible Steel of Amer com—No par
BR
270
20
23%
14.20 preferred.
6 ft
53%
97
•96%
62%
Crown Zellerbach Corp
Cuba
53%
55%
96
2
Sharet
32
53 Va
43%
30%
(The)
"
32%
& Seal new oom_.2.5T
Cork
preferred
12
$ per there
32%
*52%
53%
21%
38%
Croam of Wheat Corp
Crown
9 per there
32
32
*14%
14%
21
'
there
*40%
•
56
—I
Bales tar
the Week
/ 55%
14%
55%
.IS*
24% Oct
Jan
CLOSED
common.
preferred.
3% ft
Creameries of Ameriso.
35%
101% July
46
i
Curtis
21%
4% May
12% May
Poll
129
Co
Crane
Cuneo Press Inc
122% Peb 17
v 48
4
EXCHANGE
US
1
7 ft- preferred
Coty Inc
Coty International Corp.
24% Jan 13
11% Jun 15
15% Peb 13
27%
Jun
STOCK
Bank 40 Tr Os—M
Coming Glass Works boss wen
1
2%ft prsferrsd
162
Cum pfd 3% ft sor of 1947—IS•
Corn Products Refining own
21
13% May 21
87% May 6
17% May 18
9
81% Jan 13
Mar
101
34
12% Feb 11
155
Apr 21
21% Jan
165
129
102% Feb 16
DM
66
1
Jan
130%
24% Oct
Xl6
6
102% May 10
91% Peb 24
Pol
Oct
108%
46% Mar
34% Jun
2
Jan
42
Oct
thare
Com Bxohangs
18
May 20
Jun
Feb
Par
56
Apr 30
4
8% DM
31%
53
Jan
169
8% Jan
196
32
52%
Peb
59"
76% Jan
4% Deo
170
31%
20% Jun
13
105% Pol
106% Jun
9 per thare
Coopor-Bessomer Corp com—No par
48
11
42% Mar 24
10% Feb 11
Pol
9 per
14
preferred.—
No par
Oopporweld Stool Co wsmw
*
Convertible prof I ft series.
14
Cornell Dublllsr Boctrio Corp
1
June 24
^
11
11 prior
Friday
June 25
Thursday
June 23
9 per there
Jun
$ per thare
33
9
x49% Mar 17
Dee
If
19% May
«1% Dee
11% DM
19% Mar
27% Oci
Wednesday
Tuesday
June 22
f per
53% Jun
I per thare
9 per thare
May
12% Jon
44
Lowest
Highest
66
42
LOW AND BQ1 0ALS FBICEf
STOCK8
Twr 1947
9 per thare
Monday) June 28, 1948
RECORD
NEW
Bm|« for Previous
LlVMt
FINANCIAL CHRONICLE
51%
10
3,400
,;»
Volume
THE
Number 4711
167
COMMERCIAL
Range since Jan. 1
Highest
Year 1047
NEW YORK
Lowest
Highest
LOW
STOCK
Saturday
EXCHANGE
Par
Wednesday
9 per share
Thursday
June 23
June 22
Friday
t per share
Sates fef
June 25
June 24
6 per share
6 per share
the Week
$ per share
therm
'
9%
32
35% Feb
11
16
11
Jun
90
„
Feb
20
.
9
99% Jun
15
10
24% Jun
1
26 % Jun
18% Mar 17
26%
Jan
Feb
63% Feb 28
Feb
43
107% Aug
Dec
104
Feb
.
Feb
68
11
14
May
Oct
-99
Dec
110%
30
May
13
Deo
19
May
Feb
z98
Feb
41% Jan
30
Feb
17%
Jan
13% Feb
24
40%
Dec
,15%
Feb
110~
Dec
First
May 17
42% Jun 14
-
X104
26
<
6
40% Jan
12
11
24
89
Feb
3
24% Feb
July
Feb
27
105
40%
40%
*40%
9,500
411/4
*40
Jun
12% Feb
8% Apr
6
35% Feb
13
47% Jun
22
Jan
10
Feb
18
'
39
Jan
17% Mar 12
103% Mar
77% Mar 29
*
*
Deo
17%
10%
Oct
21
s
Feb
8% May
18% Jun
Jan
6% Mar 16
7% Feb
10% May 21
11
20
Jan
Gabriel
3
610
_
Apr
24
Gamewell
22%
Dec
18
Feb
13
23% Jun
16
4% July
97/a
Feb
5% Feb
11
100
Apr
Dec
9%
Jan
5
18% Feb
13
Oct
11% Feb
13
109
Dec
Oct
13%
100% Jan
Feb
10% Jan
8% Feb 28
146
July
159
1
Apr
11
Dec
18%
Jan
9% Mar 17
14% May
8
May
14%
Feb
9% Feb
14% Jun
11
71
Apr
83% July
Sep
47%
Feb
Apr 22
34% Mar 10
82
37
23%
Dec
33
Feb
20% Feb
24Jan
Dec
160
Jan
73
3
Jun
21
42% Jun
27
410
15
1
137
May
34% Dec
87
Dec
Feb
31% Mar 11
43
May 27
Jan
34
Mar 19
41
Jun
134
103
Jun
43
96
l'i
118% Feb
25
128 % Jun
10
108
Jun
3
50% Mar 16
65
Jun
24
131%
Feb
Xl22
■'
Feb
07
81%
Jan
120%
Dec
129
Mar
119% Feb
19
Dec
107%
Sep
93% Feb
17
13% May
19%
Jan
18%
Oct
20%
13%
Dec
26
65%
Feb
125% Jun
19
49
12% Mar 17
17% Jun
Dec
16% Feb
22
21
Feb
14
11
Mar
3
4%
Feb
2% Feb
13
16%
Jan
;ii% Jan
22
31%
Feb
•i 125
Oct
3% May
:
6%
:
.15% Jun
29
21% Mar 16
/ Feb
May 12
4% Mar 11
18% May
26
26%
22% Feb
v
11
Feb
13
110% Feb
13
29% Oct
v;
36%
May
101%
25 -
Jan
124% Jan
Apr
Dec
35%
ft Jun
*19%
95
30*-
Apr
Dec
88
22% Feb
Nov
14
85 > Feb
Tab
98
General
11
98% Apr
22% Peb
40% Feb
108
Jan
Deo
81
Feb
Apr
;106
21% May
30 Vs May
10
72% Jan 23
f per share
23% May
90
Dec"
105%
Jan
90'
30
Feb
Apr 26
17% Feb 14
103 *
Jan
79
Apr
Mar 17
49
99%
Dec
95
Feb
Dec
4
Oct
113
Feb
33
>19% Feb
61%
109
v
8% Mar
41
'
12% May
23%
.•
Dec
90
•;
Dec
Dec
!
9
July
Jan
22
Feb
27
10
29% Feb
21
14-
Mar 16
10
Feb
21%
May
78
May
6% May
31% May
12
Dec
105%
33
Feb.
.Dec
8% Jan
,
'91 % Apr
30% Feb
5% Mar
5
Apr
13% Dee
9
16
-
Dec
85
Feb
7
Feb
12% Feb
11
51
Dec
Dec
•••'44;
jV- 9 '
Jun
23
16
Feb
10
583/4 Jun
.57% Feb
10
81
16% 8ep
14
Jan
2
Feb
10
•
18
Jun
21
Jun 14
;■
8%
9%
9
21%
9%
i-:
9%
„
18%
*15%
16%
21%
*83
83%
9%
9
9%163/8
22
*15%
22
9%
22
9%
♦43
42
43%
24%
24%
24%
243/8
17
17%
17%
17%
17%
105%
105%
*1051/4
106
9%
1,100
6,700
,
18%
300
16
100
22
700
8%
42%
700
24%
2,600
17%
44
9%
24%
24%
17
•105%
300
300
423/4
41%
24%
106%
1,200
5,200
•
9%
18%
41%
.»
1,700
85
18%
17%
57%■
57%
:
10
57%
105%
'104
9%
9%
i- 157
*153
&
157
573/8
57
•103%
105%
17%
3,700
.
106
57%
104
*105%
106
10,900
'
100
:
9%
105
10
*153
57
57"
57%
•1021/a
156%
9%
•153
♦102%
C
10
9%
156%
'156
1,700
105%
100
10
2,900
156
10
•12%
12%
12%
12%
12%
123/4
12
12%
1,100
14%
13%
13%
Xl3%
135/a
133/4
13%
13%
13%
17,000
x81%
.8.1%
81%
81%
813/4
81%
180
X40%
40%
41%
41%
41%
41%
1,700
22%
22%
22%
22%
22
22%
1,500
*133
134%
82
40%
81%
40%:
21%
21%
,,
•80%
41%
r
21%
21%
135
135
135
•133%
135
*133%
134
134
40
40%
•£,
40%
^
40%
41%
41
41%
40%
41
31,100
40
94
/
12%
•
403/s
V:
40
40%
40
40%
39%
40
4,600
94
94
94%
94%
■
47%
48%
127y2
126%
126%
•106%
107%
•106
L
64%
108
62%
;
>
:
64%
124%
64%
124%
1,800
97%
973/4
1,600
16%
16 3%
"16%
16%
♦163/4
16%
22
213/4
15%
15%
21%
153/4
16%
22
::;2i%
^",15%
'J*
■;;
•
4%
4
14%
14
26%
25%
127
5%
25
.ft
..
.
65
'
31,500
1,200
4'%
43/8
4%
15%
14%
25%
*126
'
127
5%
29%
29%
5%
*29
30
273/B
27%
121%
25
25%
25%
25%
25 Va
25 %
iV
ft
3a
ft
ft
*27%
122
27%
122%'
-
1,000
'
5%
30
27%
.
63,200
-
127
♦126
■>■:
5%
*120%
3*11
2,600
-
25%
27%
%
5,000
.
15 Va
26
4,100
h
4%
14%
253/4
120%
••;:
f\
21%
16
:
5%
29%
21%
153/4
21%
16:,
7.
127
53/8
29
27%
43%
143/4
*126
5%
s153/4
26
..
'
213/4
.
120
25%
i
V
127
29
■
27%
122
,...
25%
■'V:, 5%
29%
29%
4%
141/a
26
14%
r
•126
i'. )■■■'-
5%
*98
•
"
f
14
•126
230
107%
64 Va
16%
4%
126 Va
123%
^
*25
>
126%
♦106%
126%
107% ; -
98%
125
"
'
7,900
2,100
124%
16%
-XXtOXXXX:
300
12 %
48%
98
99%
15
126
64%
96%
123/8
48%
<
48%'
*106%
124%
♦93 %
12%
47%
98 3/b
98%
21%
,
712%
;
63 Va
124%
125Vi
13
1243/4
63%
>
99%, tr
16%
.
.
e-12%
99%
;
:
12%
48%
126%
108
»ir*
95
12%
*47%
126
126
"~X{"
,
*93%
13
48%
f 48%
>o>
•
94
V
20
40%
.41% >r';
40%
..
♦27%
*100
29%
92 1 /'.
82 ':• .v:
28%
l'.y<-'f
122%
25
27%
5,100
1,300
1,100
123
110
25 Vs
15,800
-ft
32
76,400
•
.
28%
27
27
*100
27%
103
;
103
28% -29%
29%
♦89
92
*89
♦81"
83%
♦81
LOW AND
>
,
,
28%
'• „92
.
27%
27%
*100
>
27%
\
27%
,"29
92
;v-
*81
•
100
29
*89
29
92
..
83%
-
'
*81
83%
; 60
3,000
,
/'.
"
*89
,83 %
1,300
.
:
100
103
Monday
4
,
HIGH SALE PRICES
223£
BTOCK
EXCHANGE
CLOSED
77
33%
I
94
94
23
25%
93
23
♦81
851/4
85%
26
541/2
54%
26%
543/4
22%
*81
85%
255/a
V>; 25%
*54
22%
54%
Shares
35%
23%
*93%
22%
85%
*54
'X: 35
35%
26%
22%
25%
54%
343/8
95
95
•93%
'7
V
*82%
26
♦54
'.
share
Sales fev
the Week
$ per share
I per share
353/8
345/8
22%
85%
•82%
I per
35%
95
,.7*94
•
No par
50
com
353/a
33%
June 24
June 23
9per share
9 per share
*
Friday
June 25
Thursday
Wednesday
Tuesday
kki June 22
June 21
4\;~Io
•:
'
(B F)
$2.25
93 "Vs
'
6,300
►
300
.>
23%
8,200
85%
100
26%
27%
7,200
55
55
W
—No par
.No par
com
No par
No par
100 %
1
4%
•
601/4
1023/4
44%
443/4
44%
44%
101%
101%
101%
101'/a
101
22%
223A
22
7777:7-./
:iv.: 7
41%
14
14%
46%,
No par
v? 21 7
—1
r
500
Sugar
common
21%
15%
>37%
7
7%
;
.
7'/b
'v,: *37
•
143/8
-
21%
213/4
♦142%
■
21%
144
#.
•14
47%
36%
>
.14
46%
48
♦142%
144
38
38
69
70%
38 3/«
373/4
15%
15%
15%
113/4
11%
11%
12%
95%
46%
63/4
38% ;
15%
194%
95
*69
70%
*15
*93%
900
-
>
4
12 V4
•'
1,700
-
•
480
>
200
36%,
-
14%
,.V
,
•
<» 900
11,100
47%
3,300
120
144
20
72
37%
38%
15
700
-
3,700
1,700
203/4 ■21
21%
21
•142%
'
69
7%
39% ..'ft.
98%
>■121/4
12%
,
2,300
15,700
4%
97%
98%
98%
37%
14
22
29%
12%
48
1,200
29
♦36%
14
7,000
29%
11%
47%
500
t
443/4
101%
30% ':' V
37%
V
30
4,300
<
39%
11%
-.*15%
15%
4%
700
1,900
60%
103
>
'
i
31%
293/4
98%
443/e
7%
39%
30%
29
213/i
103
43/4 7
39%
55/8
119%
6OV4'
v;
*36%
143%
69%
■% *68
38%
11%
100
Corp
142
7
39%
,
3,500
15
:.
600
V
g
preferred
7
43/8
4%
32
♦97%
47%
21%
22
53/8
*117%
;>:':j.21%
v
103
32
'•>.
13%
46
61%
*102
29
12
77
.
*38%
7
37%
13%
69%
V;')-' 7
97%
*36%
144%
38
w
29
11%
36%
43%
32
97%
973/4
-12 •t-
*68
7
21%
<
39%
29
;
,f
'11%
•143
/:
313/4
32%
29
■
*38
45%
100
101%
43/a
No par
No par
100
59%
7
20%
36
preferred
Bay Jk Western RR
Green (H L) Co Inc
443/i
44%
4%
No par
Guantanamo
i
1023/4
'
97%
f
593/4
>
102
102
20%
32%
1
59%
593/4
*101
28 »/a
100
213/4
43/e
40
com
pfd
conv
118%
21%
5%
117
21%
//7 7
No par
•
5%
118%
21%
>1.
101
21
No par
5%
118%
21%
£
60%
59%
103 - 103
44%
44%
v
No par
53/8
*116%
213/.
5%
117
21%
10
com.
*5%'
7
*21 %
5%
120
.100
Hosiery
eum
5%
1
Co
Inc
Union Co.
4%%
Jun 14
95
*15%
2,100
23
42%
81%
No par
Grumman Aircraft
14
20% Jun
8%
22%
24%
9
Common
14
9
8%
22
-
.:
^.,100
*'■
44
12
83%
9%
1,700
:
12%
Greenfield Tap ds Die Corp_No par
' 4
48% Jun
16
21%
9
28
710
13% May 17
11
16
21% .V'"
.
<
9%
44 *.
*11%
'
19
*18%
,
45
13%
9%
,
12
9%
9
18%
21%
.•
103
Green
17% May 17
Jun
95
76%
87%
40% Jun
18%
9%
21%
85
'k- 9%
9%
9%
'ft 9
!,
13%
13%
24
*11%
21%
•83%
390
34%
24
9%
12
2,000
100
34%
24
44
41
*98%
'35%
13%
9%
45
44
85
9%
9%
Great Western Sugar com
27
,
98 *
14%
\
;
Jan
77
•83%
83%
28
Greyhound Corp (The)—
f
4% May
20
9%
r 21
Ot Notfaern Iron Ore Prop
Gt Northern Ry 6% pfd
145% Jun .17
Apr
11
13%
9%
21 %
•100
<
*
25
60
a
19
9%
21%
100
3%% preferred
Orayson-Robinson Stores
; 1 ?
132
Feb
12% Jan
36% Feb
•
•11%
lOe
City Steel
Grant (WT) Co common
Jun 15
99
13% Jun
36% Jun
21% Mar
:
Dec
17
-«
♦233/4
13
13%
24
11%
41 %
100
;
Granite
May 26
Mar 27
13%
100
343/4
(
41
41%
100
35
24
24%
13%
40 3/4
101
34%
12%
—8
No par
preferred
Grand
14 /
35% Aug
Oct
92
31
41%
41%
100
.
24%
25
com—Mo par
preferred
Gotham
15% May 21
50% May 15
.23% Jun
1
^163% Jan
14% Dec
26
-
9% Mar 16
29
-C 17
,
May>-»N 70
29%
Feb
90
Feb
37% Feb.
Dec
69
16
Mar
14%
,
Dec
20
133
Feb
33%'Jun
34
■V13%
1
Graham-Paige Motors
Granby Consol M 8 & P
8% Apr 23
/ 41% Jun 21
11
24
Sep
49% Feb
r27% Mar
34% May
14
Feb
Jan
Dec
17
25% Feb
107
;;
May
12
;
9
28
v
$5
2
33
Co.
j
Goodyear Tire it Rub
14
I8;
,"21% Oct
$5
16
5% Jan
5% Feb
Jan
-
Corp
Goebel Brewing Co
Gold Jk Stock Telegraph
47% May 20
104% Jun
3
23s/b Jun
42
103
1,300
'
103
11
34%.
10
No par
preferred
conv
38
102
.1 34
43%
105
,
•153
June 10
4% %
May 21
3% Feb 27
2,700
•atarSay
88% Mar 17
16% Feb
3,000
10%
82
94% Mar 11
Jan
16
31%
10%
♦89
Feb
8% Oct
16
32%
103/4
30%
103/4
100
Goodrich Co
96% Mar 18
16%
318/8
10%
100
64
>
163/a
32%
10%
preferred
47% Mar 16
Jun
16
31%
10%
preferred
Goodall-Sanford
Aug
24v
May
6% Deo
May 18
121% Apr 22 /
18
16
31%
10%
'
Instr
July
106
3
1
Mar 10
16%
31%
11%
No par
preferred
243% May 17
71% Feb
13% May
Mar
28
♦15%
11%
10
:
$4.50 preferred
Glldden Co (The)
55 .;Jun 25
d
Jan
9
270
32%
44
9 per share
3
500
10%
57%
No par
Gillette Safety Razor com.—No par
'■i
$5 conv preference
No par
Gimbel Brothers common
0
2
7,200
200
.
58
15%
•104
EXCHANGE
May 15
85% Jun
48% Feb 27
7
Dec
41%
Jun
21
8ep
124
#
Jun
31
Nov
.
Dec :
25
:
58
Jun
-96% Jun
'500
15%
106%
*
NEW YORK STOCK
<39% May 21
30
26%
21
i
13
333/4
15%
17
•105%
J—
Highest
<
• per share
27% Feb
Dec
5% May
>
Dec
61% May
104%
|
;
101%
*323/4
15%
42%
/ I per share
36%
17% May
85
Dec
22%
share!
8 per
<
101%
33 %'
15%
;;
8
Gen Tire it Rubber Co com
Range sine# Jan. 1
Lowest
Highest
101%
101
101
44
No par
STOCKS
Year 1947
101%
101%
33%
*27 Va
Range for Previous
•;K> Lowest/,
6,400
15%
•120%
4% %
»%%
'413/4
21%
100
Refractories
Time
40%
24%
1
Steel
4Ye%
*41%
33%
1
'Gen
:
41%
14%
83%
1
Rights
6
40%
33%
Castings $6 pfd—No par
General Telephone Corp
-20
101% May 22
30 ^Jun 17
90 - May 12
82% May 19
2/
i,6oo
9%
50
lOe
General Shoe Corp
2
17
193/4
44%
V
Equip Corp—No par
14
ft Jun
193/4
11%
No par
<
12
21
19%
9%
No par
Public Utilities Corp
Railway Signal com
610 preferred
Gen Realty is Utilities
20% May 18
19%
41 %
147/8
13%
80
series
31% Jan
25 ■% Mar 30
Jan
19%
34
8%
Public Service
Gen
19%
14%
1
Corp com
30% Jun
52%
19%
•44 %
_No par
preferred
Precision
51
*57
34
*24%
;
100
$3.75
1,200
1,300
2,500
64%
J
106%
58
15
33%.
;
No par
Co
123% Jan
,
50%
107%
♦57
34%
104
i
No par
Gen
6% May 24
'
50%
106 %
*
600
25
41
♦100%
1.66%
Gen
29
50
64%"
19%
16%
com
preferred
Inc com
Gen
-
*24%
64%
56%
101%
21%
—
Investors
Gen
24
25 V8
64%
107%
19%
•15%
com
Outdoor Advertising
General Portland Cement
May 18
128% Jan
124
Feb
Jun
Ino
Gen
18% May 27
V4% May 21
24%
22%
56%
•100%
No par
Preferred
22%
•106%
9%
common
$5
22%
*
General Motors
800
56%
18%
preferred
3% 10 oonv preferred
10
:
Mills
♦22%
25
49%
107
56%
9%
5%
v
14
Dec
e140
$3.50
,
64%
48%
58
No par
Corp com
preferred
General
•63%
;a - 9%
•18%
General Instrument Corp
1
99% Jun
May
2% May
11%
r
50% May 15
24%
64%
40%
100
Electric
2
Feb
Dec
Dee
2
Mar 13
9
24%
24%
•63
|
No par
Foods
2
40% Feb
240
1
preferred
General
17
54% July
123
„
Jun
13% Jun
Aug
16% Mar
88% Jan
Dec
100
94
710
98%
•
41%
100
2nd
General
•,
8
May
10%
/•
24
39%
45%
32
;
28
Jan
144
*97
,-1
com
pfd series A
conv
97
•106%
109
Industries
General Cigar Co
2
.
96%
22%
40%
$8
15
97
22%
•22%
19%
Baking Co common
5
preferred
No par
General Bronze Corp_l
9
General Cable Corp com
No par
410
1st preferred
100
1
•96%
23
,
23
48%
General
9
Jun
97
97
106%
::
1
$4.50 preferred
$4.25
97
6,200
•41
General Amer Transportation
May 12
31%
48%
100
(The)
General American
63 % May 15
106
6
31
31%
4%% conv preferredGaylord Container Corp
May 20
26% May 4
18% May 15
105% Jun 15
50% Mar 11
Dec
185
45
99% Mar 24
Jan
58%
102
Oct
149%
30
Dec
16
Nov
48
XlOl
Feb
23%
313/fl
,18
10%
Gardner-Denver Co
43 %
31%
15%
.
17
v
31%
20
,
27
10% May
31
'
common
(Robert)
12% Feb
26% Aug
14% May
31
14%
Co
Feb
Wood
31%
30%
1,800
56%
Malting Co Ino.l
17%
Gar
103/8
.34%
12% May
14% May
9% May 20
10%
64
»'■
preferred
Co
10%
24%
-Jfo par
(The).——.
I
Co
18
63
(new),
"pfd—
conv
Galr Co Ino
S10% May 22
18% Mar 23
18 3/i
10%
24%
.
•%
*17%
10%
1
preferred
cum
18
10%
23
Corp.
Fruehauf Trailer
440
18
10%
•96%
Co_
Corp
Froedtert Grain is
18
18
10%
30%
Oorp common
10
6% prior preferred
29
Francisco Sugar Co
No par
Franklin Stores Corp
1
Freeport Sulphur Co
10
1
83% Jun
com
200
18
10%
'
Foster-Wheeler
16% May 21 <•",
10
May 15
26
3% 40
18
41%
9%
18
CLOSED
Food Machinery Corp
12% May 18
24% Jan
5
Mar 16
22
Power
Foliansbee Steel
21
Feb
;
Dec
EXCHANGE
Food Fair Stores Inc..
38% May 21
25"% Jan
5
Jan
Dec
41
Florehelm Shoe class i
12% May 24
47%JUn 14
9% Mar 17
50%
Deo
41
•41%
106 %
21% Jan
.23% Feb
25%
18%
42
STOCK
1
•
Floreneo Steve.Go-
12% May
77
32.000
15%
No par
Stores
Florida
24
Jan
Nov
10%
14%
{The) Carpet Co
No pur
Fllntkoto Co (The) conunon-.No par
94 preferred
—Ne per
May 27
26%
11%
10%
15'A
preferred
National
15% Jun
32%
May
4%%
36% May 26
26
19% May
23% May
~36%
11%
15
Firth
i
21
33
91
15
14% Mar 19
Aug
Jan
May
10%
15%
Firestone Tire is Rubber
;
7
58% Jun
20
'91% Feb
9
11
15%
Fidelity Fhen Fire Ins N T.
-
25
107% Jun
:
14% Feb 20
11
Jan
Motor Truck
Felt 6k Tarrant Mfg
Ferro Enamel Corp
9
May 28
i
^52% Jun
49% Mar 16
21%
14%
3
Feb
;69%
-62%
Jun
Feb
r39%
24
10%
15%
20% Feb 10
,
'
-
10%
147/a
Federated Dept Stores com—No par
4%% convertible preferred—100
<26%
61
10%
15%
31% May 14
107%
Jun
11%
15%
Federal
Deo
Sep
10%
i
12% May 18
Deo
42%
1
Fedders-Quigan
8% Mar 11
20
':fl% May
14% May
Farnsworth Televls'n 6s Had Corp
20% May 22
97%
104
18
43
Mar 11
"28% July
20% May
46% May
16
Oorp
Federal Mining * Smelting Co
Federal-Mogul Corp
Apr
19
11% Jun
■■
20
23% July
14% Feb
Deo
9% May
Feb
42% Mar
May
16%
Dec
15% Jun
4
5% Mar
Feb
14%
4% May
Deo
lift
VI
PRICES
SALE
Tuesday
June 21
9 per share
(2801)
HIGH
AND
Monday
Jnne 19
8 per share
8 per share
8 per share
I per share
CHRONICLE
STOCKS
Range for Previous
Lowest
FINANCIAL
&
1
1
•95
■A-.-*
; ?
,
6%
•93%
95
:,418%;
57%
•a,
81
46%
6%
6%
>
•
6%
•93 3/i
95
12
,
45 %
63/8
11%
12%
12%
26,600
•95
95%
10
46
933/a
46%
46 3/a
5,400
6%
4,600
6%
6%
*93%
95
95
27,400
203/4
19%
20%
581/4
57
57
79
77
79
77%
77%
12,400
17%
17%
17%
17
173/8
7,200
33%
*32
33%
100
15%
1,100
18%
20%
20
20%
56%
57%
58
58
70
80%
78%
16%
s.
7
17%
16%
95%
46%
*933/4
,
20%
57%-
.793/4
96
453/i
•95
96
473/e
46%
6
$5 conv preferred
No par
Gulf Mobile k Ohio RR eom.No par
$5 preferred
No par
Oulf Oil Corp
3§
Oull Stotes Utilities Co
Ne par
'
7.12
17%
17
20
v.
*57%
600
H
22%
Dee
,39
14
Jun
j
13
Jan
tl
19%
Feb
12% Mar
Dec
19
Jan
87%
Dee
112
Feb
102%
Dec
108% Sep
For
footnotes
see
page
13% Mar
79
3
Mar 22
Xl01% Feb
24.
9
10
35
t
Apr
10
16% May 22
X14% May 21
89
Water.
Hall
Hamilton
r
Jan
12
450
107•
Jun
16
Hanna
Watch
eenv
Co
preferred
(M A)
00m
•
32%
32%
15
*15%
15%
141%
•14
14%
•14
14%
•14
33
15
15%
15%
No par
lot
Co $4.25 pfd—No par
*32
33
*32
(W F) Printing Co
•32
15%
•14
15%
153/8
•14
14%
'
^ »,*84
n ..*106
"*84
86 "■
■i
'■
108
i.
86
86
86
*84%
87
107
•105 %
107
*84
14 Va
86
,*
•
;
•106
I
108
'•
107
-
•105%
107
~10
20
COMMERCIAL
THE
(2802)
18
NEW
STOCK
YORK
:
Range since Jan. 1
Highest
Year 1947
Highest
EXCHANGE
7
I
#p er thare
19 %
■6V» May
8
Jan
180
.
(Feb
35% Jan
May
30% Jan
90
Dee
<42%
Deo
49 ft
140 ft
lift Jun
,108
68
«
7
153
,10
14 ft May
22 ft
Feb
14 ft Feb
50ft
Feb
46
121
Sep
63
126
Dec
134
Mar
29
ft Dee
38
Sep
118
30
8ep
22 ft May
57 ft Apr
9
114
Jan
21
9%
Mo ft
22 ft
r
26%
91
.100
101 ft
—25
60
*148 ft
22 Yz
Apr
*29 ft Nov
21% May
lAVa May
31ft Jan
2
13 ft Feb
Hires
Co
16 ft
Hollander Jc Sons (A),
May 17
30ft Jun 25
,11
U—AO
Holly Sugar'CorpHomeptake Mining
,——. ..12.50
Hpoker Electrochemical Co.. :—1.5
.Houddille-Kershey com
!—_Noi»ar
15 ft Feb *14
36
Dec
26% Feb 11
14
Mar 9
35%. Jun
Feb 27
46 Va Jan
$2.25
Household
19% Feb
56
Dec
Jun .23
Feb
36 *
42% Feb
v
24
18% Jun
Oct
29 ft Feb
105 ft
Sep
88
Mar 30
34% Jan
94% Jun
37 ft May
45 ft
Jun
38
Mar 12
46
16% Jan
,28%
Dec
20 ft
,29
20% Feb
19 !
Feb
36
28ft Jan
Dec
Dec
'Feb
38% Mar
31ft May
10
33A%
Jun
22
Houston Oil
Howard Stores
Jun >7
47
7
Jun
6
20
1271ft
126 ft
126 ft
28
121
273/a
11 Va
lift
34 ft
21ft
*21%
/' ''
15
*14
210
27 ft
27ft
600
27ft
27 Va
27 ft
800
86
86
86
273/a
90
11%
11%
lift
11%
4,300
-34ft
*33 ft
34J/4
100
22
*22
28 ft
28
*13%
ft
>33»/2
34J/4f
22
15
700
86
28 ft
22 ft
28
120 ft
27 »/2
lift
*33 ft
:*14
27%
120
29
121.
*28
86
11%
•33 ft
273/4
29
121
700
5,900
27
27
♦85 ft
11%
28%
*28
121
.
-27ft
♦27
27%
86
*85
29
121
121;
27 ft
27 ft
27
126 ft
♦28
28
121
121
126 ft
127
126 ft
14ft
*22
22 ft
■'
28
' 300
/
27%
14.
,
14
*13ft
22 ft
27 ft
*13.
•
1.800
■
28
28%
28 ft
28 ft
■■•;, 28 ft
28%
28 ft
28%
28%
30 ft
/,37 ft
37 ft
37 Va
37 ft
37
37 Va
37%
37 ft
37%
38 ft
33ft'
33ft,
33ft
i 33ft
33%
34%'."
34%
34%;
V
33 ft
,
17
16%
17 ft.;l
; :16ft
42 ft
42 ft
17%
:17 ft.
*41
43
041
,
*34
17 ft
>
.-V:
*41
.
>17ft
17%
42 ft
42 ft
*31%
31%
95
*94
95
*45ft
46
31%
31%
31%
93 ft
94
94
94
*31%
*93'/2
44%
44%
44%
46
45
45
45 ft
37%
36
37 Va
36%
36ft
35
-:'r
45%
363/4
36 ft
r
1
; *21
46
23
ft
:
"♦21%
■
22ft
45 ft
22 ft
*21 ft
;
45 ft
46
45 ft
46%
.
A
80
-
1,400
12,600
,
22
*21ft
Vs
v
45 ft
45 ft
45 ft
45 ft
100
700
: ;
35 Va
34%
-•
22
*21%
v
,,
800
.2,800
"
32
31%
94
r—25
7,100
.4,000
'
42 ft
32
,
-
,17%
*41
31%
...
40
*126ft
5
'Corp.—..
40
300
152
52%
*93 ft
vtc_.
800
•
60
60
*148 ft
50%
'
50
.Howe 'Bound Co
9
Mar
1
of Texas
A
61ft
148 J/4
*19ft
34 ft
No par
Houston Light & Power
10
23
148 ft
.No par
com
38%. J.un
11
:*60 Va
....100
Finance
preferred
11
Jan 31
33;
preferred—— :
conv
700
..20
19%
•28ft
*
1,700
101
53 ft
21ft
,...—5
37
61
lift
...1
The——_—
101
102
152
34 ft
,..5
Jan
44
E)
(Del)
Jun
13ft May
Corp——_'-5
.410
Co-..;
(C
48
Nov
85
Jnc—r—-.*r-3
Chemical Coi;p__
. -.-1
.100
preferred
Holland-Furnace
*101
.
51ft
121
cum
29% May 20
5
39 ft
19%
28 ft
'25
17
May
35 ft Jan
30
Feb 24
20
21ft Feb
91
39 ft
19
127 ft
Hotels
39 %
54
273/4
-Hinde & Dauch-Paper
1
91
39 ft
-
,
"
19
•*126 ft
'
Oct
20 ft
37
•
Jun
25 ft Jan
1
26%
53 Yz
.100
Hilton
2
14% Jan
19
Mar
23 ft
26%
91
*90
23
■
183/4
853/4
10 ft Apr
26%
5,900
14,100
'
V
53%
.28 ft
28
23%
10
ft
183/4
27
Dec
11
53
85%
Dec
10
10%
18%
28 ft
14%
10
55
3 Va %
33
76%
10 ft
lift
18%
Heyden
Jun
200
77
•
*60%
152
600
*6%
54
No par
Hewitt-Robins
Jun
102
50
30 ft
7
*148 ft
60 Va
*59 ft
...
152
*148 ft
"♦101c
2,100
30ft
,
23ft
,
39 ft
39 ft
31%
'
26 ft
91
"*90
>
102 ;
*101
101%"
28% May 20
26
Sharet
26 ft
153
U
;
26 ft
39%
25%
*149
10
;
23 ft
26 ft
•90
86ft Jun 25
10%
23 ft
♦38ft
9
4
Feb
18 ft Mar
23
40
;'prelerred_„i—
the Week
7ft
76%
*76
lift
26%.'
91
'60
10%
26
31ft
"
-10ft
26%
-
"*90
79 ft Mar 22
29ft
10 ft
>
23
22%
,26%
>
non-cum
5%
•Sales for
tper thare
.
150
7
"77
•'*
10
10 ft
10 Va
nya
Hersbey Chocolate con\.—_—No par
$4 .conv preference
No par
2
10
122 ft Jan 12
27% Jan
2
7ft
-*76
77
*76
10
10
!,'*38ft
Hercules Powder common
30% Apr
.2
Mar 22
77
31ft
*
.100
preferradHercules -Motors
—_—No par
6
*7V4
"*76 ft
v.
CLOSED
26
'
*30 ft
/
73/4
*"/ ft
8
common
W)
Friday
June 25
perthare
150
v
*
7ft
31ft
**30
31ft
•
-EXCHANGE
26
150
preierrcd—
cum
(G
7%
*
150
303/4
26
**143
100
Helme
21
128 ft Feb
Feb 21
27 ft Mar
Sep
134
Oct
Mar
3.65%
'
26
*148
-25
Co-common
J)
Thursday
June 24
1
thare
150
253/4
26 ft
♦148
STOCK
IS
preferred.
(H
f per
thare
'
Is
r_to
common.
1
Jun
i
t per
perthare
26
M Man
9
60% Jun
9
Jan
Heinz
2
May 28
103
Co
3%%
25
Jun
V
preferred
Heebt
j.Jan
51ft Feb
140
Jan
165
91
Par
©om__No par
'Hazel-Alias Glass Co
May 21
»
42
13
95 ft Jan 23
.Jan
Dec
27
<
35 ft Apr
July
Nov
10
26ft Jan -5
.
Jan 27
78
Apr
Feb
103%
May
Oct
5
11
J
June 23
June 22 '
June 21
$ per thare
108
10
Hat Corp ui Amir ci*»» «a—.—--1
4ft * < preferred
——100
Hayes- Industries luc___—<—;—-.-1
Hayes Mfg Corp—
-—
6%
<4
Jan
>
• ;
•
7
Bclrae
Hart, Schaffasr
May 15
10% Jun
21% Feb ,14
35
79
Mar 18
6ft Feb <11
*20
MarlO
9%
Hsrbla<m-Walk
9
7% Jun
6% Feb ,11
Deo
x95
1
"
4% May
22
34 ft
6ft Feb 24
73
Apr
12
.
150 Va Jan 28
27 ft Mar 18
39ft Jan
,1 Oft Feb
100 Va
Deo
.May
25
27ftJun
21ft Feb 24
147
Mar 24
27ft Pec
Apr
l«a% Oct
75 Va
perthare
t per thare
thare
Tuesday
Monday
June 19
'
I per
SALE FRICES
Wednesday
LOW AND HIGH
Saturday
NEW YORK "STOCK
Lowest
Monday, June 28, 1943
RECORD
STOCKS
Rangefor Previous
L»fNt
& .FINANCIAL CHRONICLE
700
'
May
43 ft 'Feb
4ft Jan
2
9ft Apr
5
34% J!m 20
12ft.May
15 ft-May
3% May
,21ft "Oct
14 ft Mar 17
May
7% "Feb
-7% May
,13% Mar
3
33
Jan
30
15% Feb
14%,May
22% Jun
>
; Hudson "Motor Car
i
Hupd
■.
4——4646%
Corp
—4.
"Hussman "Refrigerator
16
21ft
16%
X
•
/
12
12 ft
44%
44%
2lft
21:,
21%
16%
16%,
163/4
.
4
4
35 ft
34%
403/4
85
41ft
35ft
391/4
35ft
-39ft'
85
5
2,400
12%
12%
12%
400
45
45
45 ft
>.4,000
21ft
16ft
22%
20%
21ft;
*11%
M6ft
-4%
171/4
4ft
4%
5,900
13 ft
13%
13%
13%
1,100
353ft
\i.
13%
18,200
3400
4%
'*13 ft
■13'/a
5
44%:
>
•
4
13'/a
13%
'
<16%-.,.-:-
3%
.f
13 ft
,
12
5 ft
5
.
20%
V
16%.
■i:-.. 3%
Co—No par
4%
4%
44%
*10%
45 Va
20 ft
K
44%
12 : : '
12
'44%
..."No par
;.
Hunt Foods 'Inc
.8
5 " May 17
14%. Jun
11
'preferfcd-—---100
4%
5
4%
-
Hudson Bay "Min & Sm Ltd__No par
10
19 / Apr
13
Jun
13
5 % ":non-cum
3
45 ftJun 25
,
Mar ia
3-
7ft 'Feb
V
Hudson & Manhattan common__100
:35% .;
16%
;
I
35% Jun 24
"Idaho -Power Co
27 ft MarlO
41ft Jun
17
TJUnois Central RR Co common-.100
Dec
62 ft Feb 11
86
17
/
:26 ft
Aug
Dec
24% Jan 22
W~7%May
lift
JDee
x21
30 Vs
Jan
■30
39 ft Aug
32 ft 'Dec
May
18 ft May
30 ft Apr 27
-
:64ft
<37ft:May
93
97
Jan
15
Jan
95ft MarlO
;
28 ft May 17
Dec
9ft Feb
Jun
»
97% May 17
36% Jun 17
30 (:May 26
12 ft Jun
3
11
20% Feb 17
25ft Jun
9
-
*
.
Illinois Terminu:
i
Indianapolis Porter tt Light
17
July
13
May 27
153ft jan 28
Industria
50
iDec
39.
Feb 10
56 / Jun
Industrial Rayon:
70
Dec
180 ft
Feb
42
-Apr
12 ft May
8ft Sep I
Jun ,15
Feb
76ft Jun
10
34% Mar 10
17% <NoV
8Vs
i"
150
Oct
15 ft Feb 11
Feb
6% Feb ,11
100ft
"Dec
•
3
-'May "
9ft May
'
May "5
93 ft Apr 22
Mar
.-Feb
7
2Va MarlO
15 ft July
11
Jun
1
8%"May 24
23 ft May 15
103
Jan <8
Dec
6
May
186%
10% Feb
22 ft May
76
Dec
34 ft
130'A July
38% May
94ft
9
May
104
•
107 ft
Dec
46%
Apr
16
45
Feb
135
Jan
9 %'Mar 19
'
90
21
Deo
39% Mar 16
45
Oct
43
Mar 12
61ft May 28
30
Mar
Jan
19
40 Va May
63%
32
40
Feb
17%
Feb
11 ft. Feb
11
;9% May
17% Feb
11% Feb
11
16 V2 Jun
19
Apr
26%
Feb
17 ft Mar
"20
May
27%
Oct
22% Mar 1
29 ft Feb 18
143% Jaa
158
Aug
35
4
—i
preferred.. -.
;
137ft Jan 16
Foreign share
$ per thare
6ft Jun
19 ft
Islajid Creek Coal
88 preferred^
13% Feb
39% May
7
82
83
Dec
Jan
Jun
37
108 ft
24%
104ft %flep
46 ft Oct
Dec
125 ft
Oct
34 ft, July
Sep
■/"
Maria
19% Jan
>6
May 15
39 ft Feb
92
18
?Feb .13
34 ft Feb
10
100 ft Feb
11
20,%iFeb 19
>98
Dec
112
J-an
100
Feb
Dec
151
Dec
145
Jan'29
27% May
86ft Dec
39
Feb
29 ft Mar 16
101%
Feb
83 ft Feb
25ft Jan
40%
Oct
31% Feb 11
Dec
94
16
May
>
22%
108
May 27
23ft;Jun,14
92
Va Jan 30
48
Jacobs
Jewel
42 ftjun
10
6
Co
±
.1
Tea
Co
Inc
IV
«
♦
preferred-.'jlOO
Johns Manville Corp com—.Notpar
3ft,% preferred
^_.j_
MOO
Johnson j& Johnson common—it2 ft
•4% 2nd preferred series: A.—MOO
Jollet .Jc
Chicago RR stamped—{100
Feb
14
ft Mar
90
29 ft
Dec
Feb. 11
Feb
17
23% Feb
21»
Laughlin Steel com_^No;:pa»
preferred <serles^A_.
;100
Joy Manufacturing Co....
May 20
98
May 1.1
11
—.1
18
Feb
13»/4 Jan
21%
Oct
17
41V4 May
$2 ft
Jan
42
Feb
10
ft Feb 13
45.
Jun:
1
39
Apr
49ft -Feb
36
Feb
13
2\*A
Dee
273/4
19.
.Feb
11
103
Dec
11% May
65ft Jun
25
May
,90
Dee
34
.
45
Jan
Jun
40 ft
Apr
1163/4
Feb
Feb
92 ft Feb
21
20
Feb
lift Feb
19
85
Jan
63
38 ft
Mar
8
Oct
29% Feb
11
102 ft Aug
40
Oct
91ft Jan
5
Feb
45 ft Feb
16
41
13
59
,62%
For footnotes
Oe*
see
page
32
Feb .13
24.
Feb
r
preferred
Kansas City Southern
4%
May.22
60<
51
Jun
Class B
2
-
14 Va Jun
2
2
Jan
36 ft
May 27
95
Jan 20
.
39% Jun
3
56% Jun *11
47ft May is
,
>
I
13%
13%
13%
51ft
51
97
800
M-" .®
ft
-
l350
36
71
71
160
.
*155
■44 Vz
20'ft
43%
;
'
71
70
.i6o-®:i;
44%
*8%
22 ft
1,200
109
.
443/a
20ft
20 ft
81/2
:22ft
700
3,200
160
43%
203/a
20 ft
8ft
2,800
70
160
-
5,500
51
48 ft
22 ft
22
1,200
283/4
:-®;ii%. Tift • '
25
/>241/2
14
M
*133/4
51ft
*83ft ;T
8ft.
?
3
3
.'15 ft :
171,
33
32 ft
172
170 ft
8ft
:90
4'/e
*8%
-
S4~-
,
2.600
22
*102
6,500
3,700
.
8ft
22
4ft
103
32%
8%
4ft
88
■
:
x
16%'
148 ft
33
170ft
33 ft
172
-
171ft
1,700
•
32% '
32 ft
♦170 ft
460
16,600
2,000
9Ve
-3 ft
83/4
34%
®*34ft
34%
88
:
*87%
'
28,300
171ft
8%
'
10,300
148
148
34 ft
4ift
2,100
;
15ft
151/2
130
.
3
16
*147
34V2
*87%
.
.
103
2^%
i
8 Va
,
87 ft
,
3 Va
16
148 ft
34%
8ft
34 ft
.87 ft
"
'
4%
102 Va
103
i
15%
;
148 ft
34%
-
3
'3 ■■'-. *■•,'
16%'t
149
32 ft
8V2
♦101ft
102 V2
102 ft
•-
33
32
*♦137 ft "138 ;
ii;
32%
58%
<
*98%
98 ft
*4 Va
333/a
309
88
*87%
4%
32%
10%
11
•91
91
'62 ft
62
62
43 ft
43%
43 ft
57%
583/4
*57
*33ft i-36/;-'i®
15 ft
14%
1
??•/':
3.700
4%
4ft
.
«
141/2
153ft
251/2
331/2
331/2
36
'34
: -35-
34ft
35 ft
•:
•144 :
>♦140
1411/2
8ft
->-■
CLOSED
.
22%
*98
-40 Vt
'113
.
'
;
46 ft
/ >45%
*98
•41ft
■<
•
-
9ift
*58 ft
61
43 ft
57 ft
58 ft
.
i
*33ft "353/4
153/4
16 ft
36
16 ft
>15%
32ft
105 ft®
170
: ; '
,
;.
i;-:
24 ft
333/4
36
363/4
34 ft
35 ft
•
♦141ft
16%
,25
142
*141 ft
.
9
r
;
34%
;-/■
•
-
32ft
Sharet
35Va
6,300
35
600
24
V
86
60
45
1,500
98 ft
98 ft
85
39 ft
38%
40 3/4
*107 >
113
112
31ft
*31 ft
32 ft
31ft
i *104%
105 ft
•104%
*156
-
20
3,900
100
1,400
105V2
170
170
32 ft
105ft
170
*109
the Week
45
98 ft
40 ft
,
>"
Sales for
thare
*23
"H
45%
*98
41
-■
=
85
44 ft
:
/I
t per
35%
24
100
,
June 25
:
85
112
*104%
*23V4
000
1200
2,700
-
-Friday
Thursday
June 24
$ per thare
'98 ft
4ff3/4
142 ••
\
^
'
*156
32 ft
105 ft
*156 -i-: 170
6,600
<33ft
45 ft
♦109
15%
'24ft
33 ft
23 ft
'
116,P^O
15%
t per thare
>98
-.
700
:A
16%
33 ft
36
200
800
353/4
25
45 ft
40%
58
ft
Ml5%:
16 ft
->*85%
115
♦1043/4
<
>104%
<•*156
40
♦109
,
j
560
42 Va
34
'87 ft
98 ft
:
42 Va
*33
.
i
,
58
•
800
1,800
*90 ft
61
lift
15.600
'
>
.11
92
142
9
46 I.-:-:-
11
*11 %
*42ft
23 ft
23
•>85 ft <87%
-32 ft
60 ft
98 ft
*58 ft
92
June 23
8s/a i':1 9 M
23
-
113
32 ft
-
.9
-23
98V2
453/4
T
.
593/4
98 ft
:
Wednesday
:
t/ i perjhare
87
"*85
;
June 22
-
/# per thare
STOCK
EXCHANGE
ft
*140
142 V®'
Tuesday
June 21
*33ft
200
1383/4
*138
98%
26
153ft
',.*25,
35
23,400
62
,
LOW AND HIGH "SALE PRICES
Monday
I per thare
153/a
33
r
58
58
'W-
♦25 ft
15
26 ft
26 ft
*
J6
11%
■61
43
*33 ft
36
14ft
98
32
138
61
.
92
43
58%
>33ft
-
lift
92
*59ft
■
34
143/4
»
.
5.
99>ft
43 ft
v
11
138
*98%
92
62 ft
138
60 sft
i'
11
91
32%
59 ft
•
993/4
:•
^
,137'ft
59 ft
:
>v;
i
32 ft
137ft 137ft
/
62
59 ft
98 ft
T
35
r
<*87
-88 ft
t
139
®r - 39 %
36%-
i;;i8ft
*156
"
-34%
35 ft
♦87-ft
'88 ft
38%
35%
,
39%:
•87
39 ft
36 V*
36 ft
-88ft
*88
«
40 ;
39 %
36 ft
353/4
36%
;
13,600
*87ft
88 ft
39%
88 ft
40%
iNo
42 ft
43%
conv
par'
18 ft
181/4
18 ft
18
18%
*96 ft
97 ft
97 ft
*96 ft
97 ft
*96
97 ft
18
.'39%
7,700
18ft
1,500
43ft
60 ft
15%
16
16 ft
class A..1
♦22 ft
23 ft
♦22%
23
23
23
-59
-
preferred—
ft
20%
20
20%
*20%
59%
58%
59 ft
59ft
45%
*45 ft
45
45%
45 y8
42%
43 ft
*43 ft
•21ft
par
21%
20 ft
:100
101
101
Kinney (G R) Co common
1
$5 prior preferred
..—No par
Koppers Co Inc common..
10
Cumulative ^preferred 4% ser_^100
Kresge (8 S) Co
f
10
♦13
14
Kress (Ik) -ACo._J..___:No,par
KrogSr O (Thai
1
No,par
>
♦68
33%
-
68%
34 ft
101
*13%
*68
"v'33%
;
'
21
59 ft
43ft
20%
21
13%
*13%
2,400
23%
23
23 ft
300
20 3/4
20 ft
20%
59%
58 ft
; 59 v»
3,100
22,100
*13%
13%
68
34 ft
34 ft
93%
93 ft
94%
93ft
37 ft
36%
37 ft
37%
56
54 ft
55
55 ft
55 ft
45 ft
45 ft
45 ft
45%
45%
I
34 ft
*93ft
37%
55 ft
61
453/4
46
44
*43 ft
'f 44
21ft
20%
45%
14
/
b/
68
68%
34 ft
443/a
Off
<•
35
64 ft
14,100
3,200
500
21ft
5,900
101ft
1°1 ft
102
37
-45ft
200
16 ft
20 ft
•'
93 ft
,93%
60%
*43 ft
43ft
21 Va
101
43%
16 ft
*59 ft
45 ft
46
44
101
423/4
*59 ft
163/4
20%
59 Va
16 ft
'*59
97 ft
16ft
60 ft
16%
43 ft
44%
60ft
"16Vs
:.j!00
18ft
*96
*23%
41ft
60 ft-
43%
61V4
:__5
com
'preferred.
l
2nd
>
• >
*.T8ft
*96 ft
,100
"20
conv
11%
25
193ft
213/4?
172 ft®-
41/4
__!_i
4%
11%
44
,
*8%
34 ft ;
Kimberly-Clark- Corp com..jNo
Apr 20
:
*283/a
28 ft
28 ft
t
25
71
-19%
149
'
Copper
iNoFsv
Kem County Land Co;-—_
^^5
Keystone Steel & Wire Co
.No par
Kennecott
<
75
non-cum
Kelsey Hayes Wheel
18
85
'
*
43 ft Jun 21
24
May 24
103 ft Jan
.V,
Kayser (Julius) & Co.i..—
24% Jan >10'
223/s Jun .'9
-10
3.8-%
60 V2 Jun <22
26 ft
14% Mar 17
20 ft Feb < 20
&
;V/
Kalamazoo Stove & Furniture
Kansas 'City FoWer ic ;Lt (Co—
44% Jun 23
48% Mar 12
Nov
,
'
Jones &
69a
36
25
*155
44 ft
195/a
16 ft:
32 ft
—No. par
com
3. cumulative
99May,11.
113"% Jun
9
33ftJun lo
106
May 21
158; .Jun /ll
375/a May ,21
93 ft Apr .16
43'A Jun " 1
(F I)
; Jaeger Machine Co common.4No.par
Jersey.Cent.>Pwr & LtjS4f#.;pfd_jlOO
May 28
*95
36%
13%
:
21%
f
f*«r
10
18
13% May
20'A May
.
June 19
$ per thare
68 ft July
47 ft May
.
*86%
,
Saturday
K
Jun
8
li
EXCHANGE
.
145
14
-
34
I50c
common.
-NEW YORK STOCK
Highest
;
t per thare
24ft July
104 ft Feb
Dee
,60% Dee
A89
Lowest
97ft
36%
283ft
113/4
[
v,
43%
149% Vv.
; 33%
33
—No par
jrNo.par
»
172 ft
Stores—.—No par
Range since Jan.;l
-Highest
18,600
51
;
71
160
:
•8%;;k
STOCKS
Year 1947
$ perthare
ctfs
Dept
Range for. Previous
l<eweit
3
par
Interstate
71
*155
,
V,
22%
149
25
Telep Ji Teleg_.No
'
f
<20%;®
-■••
•
15%
v"
25
common
7% .preferred
Intertype -Corp.
'
40%
85
241/4
51%
♦101 ft: 103
..No par
35ft Jun
14
'2,500
40
853/4
!
Salt—par
laternatlonal
24
35 ft
41%.;..
*95
'
28%
:
13%
51
44
-.22
Nopar
International Sliver
Mar31
39% May 20
145
May 25
;20
13%
71
if 8%
___loo
v
26% May 27'
9
?
Rubber—*i-_No par
International Shoe—.—
16ft Jun 24
Jun
9ft May
"
36 ft
i lift
241/4
160
'
43 ft
__3
;,l00
Paper Co com—..lis
International
2
-
97 ft
V
36 ft
lift
24
13%
70 ft
....
*
64 ..Jun
24
4*95
28 ft
28
11
523/4
♦155
Int'l Rys of Gent Amer- com.iNo par
5% preferred.'
-l'OO
14 J May 20
107ft Jan 29
May 28
52 ft Jan
Preferred
84
•
:
85
/
'
-
.
Iron
International
'.
35 ft
40
85%
.:
•41%
85
36 ft
11%
52
.
Int'l Niokel pf Canada -com__No par
139 ft May 11
64 34 Jun
1
? 98 ft Jun
28
40 ft
97 ft
r
*351/2
29'/a
*13Va
_i
4% '-preferred——i—
.100
International Mining Corp——
.1
5ft May 20
15
2
Feb
86
3
Jun
A.
Int'l Hydro-Electric Sys class A..23
Int'l Minerals <fe Chemical com.
5
337/s Jun
35%
•35'
..
243/4
lift
TV 24%
—A--*No par
No;par
Int'l ^Harvester com (new) ...No-par
7% .preferred
jioO
9
93
9
29
Int'l Business Machine...-
9ft Jun 24
38 ft Jun
42% Mar 17
>58'/a Feb
37ft Jan
11
3ft Mar 16
Feb
Feb
11
24% Mar 16
Sep
116
163ft May 24
11
Mex; S
i.
Corpt com_?..
Intercontinental
Inter lake
11
174ft Jun
74
Feb
<137
Dec
•59% Oct
Dec
x34ft Jun
5% Feb
5% .Feb
36%
25
De
preferred—I—
4Yz%
14
23% Feb
Oct
.Jan
96
3ft Dec
25% "Dec
154 ft Jun
161 ft Mar 31
Jun
10
32 ft Jun
163
11
Electrica
Interchemlcal
3 3ft May 18
lift Feb
125 ft Feb
-
No par
Ingersoll-Rand new common_No pa"r
6%
preferred—
—-100
Inland. 8 be el Co
L_ jNopar
.Inspiration Consol Copper...,
.80
'Insuranshare» Ctfs Inc
,..^..1
25
45 ft'May 15
21% May 27
21
108
160
*95
■
97 ft
,
12ft Jan
33
•
36ft •:
36ft
__5
Do
*35ft May
169
85
5.
*95
Power4gjEi^^mmon.iNo par
•
3
:
'
85
'
Illinois
-
.20
6%'.non-cum conv pfd ser A.100
Leased nines <4%
——a
>100
BR stock ctfs sCries A
a
—1000
240
*13%
13%
*66
68
35%
35
37%
37
55 ft
55 ft
56
44%
44%
44 ft
*30
3,600
94 ft
90
»37 y«
2,100
*93 ft
-
56
44%
1,500
1,200
Volume
-
Number 4711
167
THE
Haute for Prerious
Year 1947
Lowest
■i
>•
I per thare
•-
•■•
Range ainoe Jan. 1
Lowest
v
NEW
Highest
I per share,
$ per share
STOCKS
>
'
.
•
•
Highest
COMMERCIAL &
YORK
$ per share
f*
9
10
14
Duo
4% Feb
Jan
44
Jan
Dec
"
30%
Feb
11
Feb
6% May 15
12
Apr
6
Laclede
24
20% Mar 19
Lambert
49%
~38
Jun
95
•«
Dec
47 Va Jail' 21
<53% May 17
<29% May
r
30%
i
Jun
12%
'
•
Marls
35
Feb
"
*23
101 i"< Apr
•
9% May
30'/a
V
14% May 15
56% Feb
May-
21 % May
A-
56
9% Mar 12
27% May 12
-May
Feb
Feb
,i. 10
44'% Jan
Feb
''
99
9
•
4% May
8%'Feb
l5/a May
35 % Mar
25%
5%
10%
24
Dec
8 % Jun
8
24
5% Jan- 19
Feb
41% Feb
8% Feb
40%
96%
Jan
May
Dec
10
*48
Dec
Oct
63 ;
Dec
30%
Dec
Jan
26
47
20
Feb
.13% Jan
27
Feb
15% Feb
>58% May
12% May
28%. Oct
17%
Apr
>137%
Dec
21%
Dec
29%
39%
Dec
53
21%
17% May
fl93
-v
13%
18
Feb
141:
Jan
6
Jan
: Feb
29%
Dec
-
11
20
Feb
92
101% Aug
26 % Oct
May
21% Feb
158
•
Jun
Star
Co
>24% Jan
Lukens
&
;4 >/i %
8
(M)
cuni
pfd
Steel
Mar
41
Nov
38
Jan
27
Nov
152
Apr
132
Jun
23
30% May
99% Dec
41%
111
Mar
11% May
15 %
16%
Apr
Dec
Apr
11% Feb
Xl6% Feb
Jun
500
May
9%
12%
Feb
Feb
Jan
!
7
->19% May
:/■
6% May
14
24%
•62 ■:
6% Feb
15
,
15
49%
19% Mar
106
170
Feb
>
Dec
14
Feb
4
27% May 20
37% May 19
11
May
84
4
•
Feb
176
50
Jan
38
113
Jan
110
Jan
93
32
7
16
Feb
7%
13
$3 75
•
43% Jan "21
112
6
>.
Jan
cum
24
Highest
J per share
May
82
33%
Feb
25
Feb
88
Jan
5
Oct
36% Mar 12
12
McCall
May
46
Dec
30 Va
32 :f Feb:'
45
Feb
44
Dec
.
31
23
Jan
87
35% May 15
Jan
5
98 y2 Jun
11
24 Va Jun
9
31%'
Feb
19% Feb
11
24% Jan J 2
23%
Oct
16% Feb
27
88%
Jun
105%
40%
23% May 25
96y2 Jun
8
Dec
?
Feb
50
80% Mar 24
Feb
20
May
25%
Jan
16
May
24%
Jan
36 % Feb
55% May
13% May
73
27
20% Feb
Feb
16
14% Feb
;:
11
52% Feb
28
-1
44% Feb
•
_43%
May
83
•
—
65%
Dec
Jan
103% Mar
11
88
Jan
2
.18% Jun
>
»
Ay
25
19% May 15
62% May 15
10
12% Jan
119% Jun
19% Jan
46% May 28
.
97%
Dec
<18% Mar
>
Apr
•-
;
>
Jun
10% May
«% May
i
.
.
24
50% May
<62 '
8
May 27
2nd
pfd
51%
Apr
99
Dec
7
May
104
Jan
r
Nov
r
Mar
M«lville Shoe
14%
Feb
114%
5%
1st
conv
Mercantile
Merch &
Dec
Dec
3% Majr
11% May
32% May
8
May
23 %
Sep
Dec
123
104% May 25
Feb-11
.19% May-27
35
11
*
Mar 16
48
11
140
716
Mar 17
Feb
27
5
54%
Mar 11
8
A 51%
4
Feb
32
v
Feb
128%
Feb
64%
Feb
15%
24
Dec
May
9% May
J7
May
19% May
17% May
14% May
102%
Apr
May
For
17%
Dec
Nov
27%
,
Feb
10
27%. Feb
Mar
27%
Oct
107% Mar
15%
footnotes
Nov
see
7 157%
158
Merck
&
Co
i
J1
102
.
Feb
y.47% Mar
page
Mar 17
11% Jan
V
4
23
22
19% Mar 17
5
24
29.
16
Feb
19
Mar 17
19
11% Feb
24.
16
May 19
112% Apr
65
'6
May 21
7 17% May 15
27,
Jan
9
*
y
Minn
St
P
&
39%
<
v
37%
104
14
23 /.'•
.24%
*24
>
473/4
32%
63%
2,800
28
2,200
19%
2,600
*19%
48
32%
63%
28
V8
48%
32%
340
400
49
30 3A
2,700
31%
3,800
'
98
98
22%
*98
98%
*98
22% >22%
98%
300
23%
22%
>
.
I
com
>520
>>
''•163A
22%
4
7%
1,100
102 >,
■
16 VT
263A
.101%
v,
123A
24%
100
113/4
133/a
11%
123/s
23
141,700
22%
22%
22
22%
7%
7 3/8
*# 183/e
>18
17
17
; 68
> 68
/yy
*100%
102V4
20
'■ *
18
181/4
2,800
17%
900
68
>•
67%
"243/8
24%
M%
243/8
243/4
34%
34%
34%
34 3/a
34%
172 Va
*1703/4
172%
*1703A
172%
*170 V4
172%
453/8
453/8
45%
913A
92
X
45
45
92
.
92%
>
92
;
V
<
45%
►
91'A
45
tM
11
:?;•
llVi
♦40
91%
91
91%
*91%
92 ?
*91
112%
435..-
113/8
83%
83 Va
83%
*82%
36
113/a y. y 11%
113/4
42
913A
AND
Monday
HIGH
Tuesday
June 22
/ # per share
32 Va
33 Va
99%
STOCK
••
EXCHANGE
100
'■:■/
33
•"'!
*98%
ir
39
14
*27%
48%
34
113/4
41 Va
Thursday
333/4
33%
98 V2
"98%
*98%
38%
38 Va
*37%
38 Va
29%
*28'/a
29%
47%
47%
48
47%
34%
34%
34
>
97
34%
>94
*233A
24%
20%
20%
20%
*20 3/4
21%
21%
21%
943A
21%
95
"
*94Va
96
*42
♦95
?
96%
43
43
433/6
433/a
42%
7, 23 V4
24%
24'/a
24
;i 18%
18%
18
18%
60
60
60
17%
16%
17%
No par
93/4
93/4
1
61%
*58
No par;
61'A
*95
97
26%
5
;?
97 >'
27
43%
423/4
98%
98%
18%
175/e
•18
633A
: '
42%
42%
/> "• 98%
70
42
600
233/4 '24'/a
18 Ve
"
2,400
18%
2,400
60
20
18%
18%
'5,100
93/4
93/4
1,400
62
953/4
423/4
98%
♦97
1,400
96
*58
>27 ;
27
700
21
42
Va',
613/4
953/4
:
•'■
>
900
93A
61%
95 3A
,27
300
24
21
20%
18%
93A
1,600
1,900
*94 Va
60
18
48
34%
96
24
18%
*58
■
.
61%
263A
-
18'A
A:
93/4,;
95aA
42 3/4
99
/ 99
26%
93/4
61 %
61%
*95%
60
.18 3/a
17%
•"•:
93/4>
27
•42%
pfd.100
93/4
61
18%'A
*58
:
100
21
43
24%
29%
34%
96
24
1,100
*94
21%
24%
18 %
50
3%
21%
45
24%
1
21
110
38%
*473/a
vc.
21
24%
20%
2,400
99
*28 Va
24
233A
20 Va
Shares
333A
38%
'v
96
24
.
24%
-
Sales far
the Week
y 33%
*94'
■
900
1 per share
333/4
34
•'.
Friday
>
*28%
96
112 Va
35%
99%
7
100
■"
June 25
June 24
1 per share
20 %
95 Va
34
1,200
>
PRICES
233/4
21
*111%
'•
35
33%
48%
A
96
112%
A
*98%
33%
29
34
/
96
35
June 23
38%
48
34
•■96 A,
*11%
*40%
*111%
1 per share
100
383A
28%
48
CLOSED
393/4
28%
,
113A
41
Wednesday
June 21
•
36%
BALE
20
113/4
112%
36%
430
,100
41
♦111%
36%"?
I per share
I per share
*41
>
112%
*35%
1,600
1,700
84
A.
42 fV
*41
>111%
7
■
2,100
92
83 Va
.
'
42
*111%
83%
2,000
453/8
y191%
93
>82%
■A:?
>
67%
24%
*34%
?
83%
660
3,000
*17
•
.*82 Va
4,700
,
>
243/e
/
93
273/4
*170%
92 Va
93
7%
163A
34%
24
45 Va
.*92 Ve
1,600
"
17%
17%
68
3,600
7%
34%
:
•:
;•:•,>
*1703/4 172%
•
18
2,600
16%
A
102 Va
X
93/8
27%
163A
27%
*101
M8
,
7%
16 3/4
27%
273/8
163A
453/8
'/
600
*223A
102 V4
:
*520
24'/a
*101
: 67%
4,100
*22 V4
,17%
67% *. >'* -67
15%
9%
16 3/4
35
1,500
11%
17 3A
243/8
100
22
*15Va
600
100
14%
22
93/4
18%
66%.
103
*13%
I
12%
17% l"yf"
34%
1,800
>102Ve
>
10
8,900
37'A
14%/'
26%
102
.
26%
37%
•
15%-
-J
39%
135
2 6 34
9%
•' 16V8 >16%
,
A
A>
113/4
73/8 7
163/4
26%
% •Vy'
27
17%
i
Inc
*520
23%
22%
•'•,••(
A
15 Va
>
9%
A> 13%
: ■
7
12
:> >22%
22 3
13%
22%
y
600
9%
11%
>
.
14% y>
24 %
/
yV
series)——50
3.90*
153/8
104
is 34
~100 t
i.
15%
23%
7%
102%
13%
22%
22
12%
,
102%
14
21%
9'A
11
>22%
•y
>
37%
*13%
600
9 Va
10 V»
37%
♦102 Va
A
♦39
♦132
26 3/s
5
■'■"Ar
39%
135
25%
37%
>37
15%
.
■
>39
*132
25%
17'/a
1,
Inc
.
•
39%
132
25%
7
14%
22
15%.
^
•
'i
.
104
21V4
7%
:*101
/
B
1
*/'
63%
No par
com..
M
A
18%,
>
10
47
1373/4
.
Corp
x
63
47
.
>46%
"
14 Va
13
48%
943A
*92
<
72
72
♦71
.»•
•",*105%
*94
>.v
62
1,800
953/4 5
26 V4
98%
200
.
27 Va
43 Va
43
*? \15%
H83A
—10
;;;; 70
433A
*98
;
143/4
15 Ve
H
12'A
104%
15%""?
48%
49
,
•02
933/8
72
14%
12%
V
2,100
1,100
98%
130
18%
4,000
47%
>
48%
13'A
11,200
473A
48
,;?•:
'■
92
92
"A'v
71
71
15%
1173/4
II734
117V4
70%
683/4
70
50
12%
71%
X69 3/4
15%
1173/4
."A
923/4
•i? 15 Va
15%
69%
104%
104 %
17
16
,
900
8,600
71
105 »/b
9,900
>
14%
♦92
933A
*1047/8
117%
61
463A "
139%
14%
13%
105%
:v
60%
463A
♦138
15 Va
;•
71 % y
71%
18%
47 Va
139 Va
133/a
48%
/A
62%
47
*138
123/4
47%
18 3/a
60«/a
467/a
•14%
118 3A./
73
18 Va
63 Ve
138
14%
••*''•
105
623/4
138
12%
.v.
"r
18%
46%
139
933/4
.„•;
.
> 173/4
47
*137
48%
3
100
Impl
46.50 preferred—'
64%
138
14
vtc—xNo par
Power
>
12%
■
No par
com
1
..No par
K-s
i.
00
.*1033/4
;
16 3A
118%
70
68
2,300
130
1,000
•
104 Va
340
*
17 Va
22,400
»-> 00 £
110
69
3,100
'
Mo-Kan-Texas
RR
"
-.No par
com
7* preferred series A
Mohawk Carpet Mills—
Mojud
'$3.25
$4
preferred
preferred
series
series
Montgomery Ward
Moofe-McCormack
Morrell
(John)
Motor
Wheel
24
Jun 19
Mueller
6c
Mullins
$7
t
22%
20
?'w."
preferred
Munsingwear Inc
"
6%
23%
24
••'
/■
14
14%
28%
57
•114
"58
14
14%
'
57
29
114
112%
112%
116
59 Va
58
59
15%
15%
15%
15%
;•■
No par
•
15 V8
14%
15 >
28%
>28%
58%
116
57%
/
*115
59%
15%
>.
;*24%
16%
16 3/4
17%
28%
28
28%
29
29
29
15%
17%
22
21%
21%
;
21%
22%
;•••
60 Va
15%
24%
16%
22%
22
22
*22%
29%
30 Va
29%
30
29%
*106
13%
107%
13%
♦106
*13%
107%
13%
*106
*13%
26
213/4
*243A
*21%
v
112%
59
243/4
21%.
.
58 "
119
•
112%
17%
>
900
28%
273/4
1
1
143/4
25
/; 25
52,500
27,500
28%
59%
153/a
7%
24V4
41%
14 V4
112%
-
7%
24 Va
*41
28
♦112%
;
42 A A
165/a
No par
4
57%
114
112% •/:
Va
'
57%
119%
58%
.No par
14
28
y
73A
253/8
41%
41%
♦273/4
7%
243/8
>•
.
25%
41%
Co___rNo par
Lines—
9
x___i
7%
413A
112%
common
63/4
22%
No par
;
I
V,
•
41%
/'•••':• r
28%
x
A___No par
B
€o_x—
Co.
42
6%
'
&
Corp
Corp.
23%
41%
■
3
Brass
6%
"
Inc
Mfg. Corp
6%
100
r
Co Inc
—.J
1.25
Monarch Machine Tool—-.No
par
Monsanto Chemical Co com—
5
Hosiery
May-27
10
157%
*24
132
37%
*520
163A
A
25Va ,A:-
*13%
600
27
No par
23-
14% Jun
156
24%
6,200
23,600
'
Products
10
157%
•39 A
39%
138
♦102 Va
23%
Saturday
-.J
Motorola
Jan
157%
22%
37
:? V?
9%
>
Scott—No par
Minn Min & Mfg
44 preferred
Motor
24
19%
158 %
32
r
■
25%
107/a
June 19
-
S3
17% Jun :24
31% Jun
100
22%
17%
64
'
"
Petroleum
29% May 27
108
7
31
♦132
■
26%
LOW
Minn-HOneywell Regul com.j
;3.20* conv pfd series A—?
Mission
85
28
23%
*39
138
7%
No par
....
Prod
Minn >Molme
*79
19%
47%
98'
22 3A
.
No par
Co
Edison
Si
85
633A
235/e
22%
:V
par
common
'
"
100% Mar 31
24
Jan
16
20% Jan
24
•61% May 17
122 *. May 15
10
23
4
25
25% Jun
>
Mar 17
17
'15 Vb Jun
11
13
.2
*81
27%
463/4
98
11%
5
L_xxNo
Copper.
Steel
1,700
19%
47 •/
22%
23%
100
x-
Transp Co
Mid-Continent
4,600
20%
65
23%
32%
9%
100
Midland
98
May 3
78 > May 17
>44;
11
Metropolitan
50%
20
28%
23%
30%
50%
20'/4
19%
*157
22%
*10%
__a.No par
43.50 cum-preferred..
Miami
85-
52%
19%
63%
158
3,100
51
27%
'
.
98 %
?.,*520
U
1
preferred
Inc
*82%
•46 %
»"
-.,?:>:
78*. cum 1st pfd.—;—_x—
100
Minr.eap & St Louis Ry.—xNo par
7% Jun
24% Mar 11
49% Feb
Oct
25
17 %
15%
^100
17
119% May 15
73% Jun -14
'
27%, Dec
14%
171%
15%
xNo par
15
17% Jun
105% Mar 17
May
17%
V,
3
Jun
105% Jun
34 % Mar 17
9
Feb
63%
Feb
13% Feb
*
Jan
13%
17%
y
1
Jun
56% Apr 21
111% Mar 11
42% Feb 11
Feb
7
May 10
13% Jan
2
;; 99 J Jan
10% Mar 16
25% Feb
110% May
"49
69% May
27
88% Jan
V
23
6
38% Feb
45
Oct
J 49% May
10
Feb
4
Oct
56%
163/4
14%
I
Stores
Min
Merritt-Chapman
*
28% Mar
163A
91
800
15,300
693A
22%
16%
22%
8
pfdi
ix.
Mesta Machine Co
?$, 9%
Feb
70%
15
22%
17%
1
1
common
27% Jun. 15
95% Jun
12% Feb
Jan
102 Va
»
_1
Corp
Mengel Co MThe)
44% May 28
129% Feb
Nov
66%
•
22%
*14
i
1
(2nd
13
'
■
47% May
84% Dee
Dec
15%
23
♦102'A
Corp common..i
No par
>4%'% pfd (1st series).——100
>10
v
48%
156
"
22%
*39
X'
6.23
x
Robbins
Mar 10
94
45%
29% May
136%
1.
22%
37%
.44
Jan
36
111% Aug
33
•
Jan
12% May
>•"'
4
47%
22
yyr 21%
Co———No par
Porcupine Mines
3
17% Feb
35% May
22%
25%
preferred
—No par
'*
M?cLellan Stores • Co—xin—?
Mc-Quay Norris Mff Co
10 il
,4%
68%
52 3/a
20 Va
*132
Mead
>
69%
51
20
yy,:
Pub
&
13
52%
/■/ ;;>:
50
Electric Co
McKesson
*2
18% Feb
25% Feb
May
16 Va
yy
V
EXCHANGE
Mclntyre
43%
12%
20
*82%
600
120
43%
13%
68%
9,800
2,900
44
193/4
31
1
McCrory Stores Corp com.
3%% copv prefery«d—.v..
1
172
51%
22%
10
:
^
McGraw-Hill
1701/2
"
53 %
98%
5
i
NEW YORlt STOCK
McGraw
87
20
♦156
100
Far
15
May 15
52% May
30% Mar 17
Feb
105%
17% May
2J% Dec
Jan
7
36% May 21
101% Jun 14
23% Mar 17
56%
May
87
100
preference.—4N0 par
Corp
87
♦170
12%
^
3,900
10 Ve
37 Va
87%
♦42%
13%
69
55%
10
37%
87
170%
44
1,500
10%
85
19%
.pfd 1947 series—No par
pfd——
No par
cum
...7:
% 42% Jan
•
24
•67%
65
!, J per-share:
11
Feb
45%
Mar
12%
673A
*42
27
Corp.—+No par
preferred—
Range since Jan, 1 7't
'Lowest .'; ;
Highest
I per share
107%
Dec
33
123A
66%
STOCKS
;
'
Lowest
I per share
123/a
par
common.
Range for Previous
Year 1947
13
66%
44
19%
..No par
1st
87
172
433/4
64%
common—L
$6
86%
171%
171%
700
25%
'
36
.,
16%
i.—10
!___x
43
"9
41% Jan
cum
43.40
Maytag Co
86
171%
25%
54%-
56
10
36
52
'•>
No par
43.75 preferred
18
Jan
10%
35%
1,000
11%
22%
100
;;
Stores
10
35%
26%
Co
preferred
553/4
10%
19%
'
Chemical
May 'Dept
12% May 15
Mar 12
Apr
Jun
85
11
Jun
26
•
♦11
20
com——No par
Corp
Master Electric
Mathieson
47% Apr 20
93
Jun V 3
8
9% Feb
Jan
25%
66%
common
prior
Corp
25%
56
55%
4
85
.
6
77% Apr
.
y4; Nov
48%
Masonite
253/e
'25%
353/8
23%
Corp.
6%
Martin-Parry
14
84% Mar 27
;
108% Mar
35% May
16
f. 35% Mar 16
100% Aug
97 Ye Mar
■'
19% Jan
69% Jun
11
11%
26%
——
16
Mar 16
-47% Feb
Ry
11%
11%
10
47
& Co com
4V4% " preferred
Martin (Glenn L) Co;
% 22% Apr
2
27 % Feb
Jan
St
800
11%
3,200
11%
85
23%
Marshall Field
.
9%
51%
19%
,->?
Market
.
4
6
93/8
50%
*35
46%
Garden.!
Midland
24%
9%
12%
100
new
Corp
Marine
11,300
24%
51%
66
No par
May 20
21,900
3%
49%
51%
10%
52
8
3%
♦32%
51%
11
'
7%
20
51%
51
*42
'
8%
49%
24%
24
'
50 3A
26%
i
16% Apr
9
29% May 18
103% Jun
9
Feb.20
Jan
14% Jan;
>
8
7%
3%
♦32%
-
35%
50
Bros
Marathon
34
9%
172
par
Manhattan Shirt—'——
*.
Maracaibo Oil Exploration——*
.-25 % May 17
20
22% Mar
97
v
Mandel
22
18% Mar 18
Nov
190
7% May
42
14% Jun
Nov
35%
y
39% May
88 -V; .Dec
Dec
10
Oct
Dec
83 ■■:•••
-5% Feb
Y
Jan
26%
24% May
10% May 21
12% Jun 25
33%
8
93A
172
com—1
Magnavox Co (The)_—
?
Mahoning Coal RR CO—
Manati Sugar Co—
.7
Feb
V 63%
39% May
:i8% July
4
33%
333/4
1
Inc
Square
33%
5,300
2,000
10
A__No par
Magma Copper
Apr 23
Jan
7
111% July
<;-34a> Jan
May
14% May
Mar
525
26
34 %: Feb
Dec
23
Madison
12%
24V»
65%
4%V pfd series A
16
17
•
16'/4. Dec
'
175
7
Apr
8% Mar 16
Feb
8%
9
»
15% Jun
12%
*9%
10
Forbes com
Macy (R HhCo Inc
15% Apr 12
24% May 20
20% Feb
Dec
27%
May
412% May
525
Jan
14%
Dec
3%
Dec
32%
A
Dec
22%
97%
5
'
Trucks
12%.
99
23%
:No par
preferred
Mack
lu
39% May 27
103% Jun
4
11
7
6f»
11%
♦98
9
9
86
400
12
35
1
1
1,300
25%
99
24
*23%
55
A
44%
253/e
3%
25%
?
1,400
43 3A
26
49%
25%
•
28
45
3%
54%
*t'4%
28
28%
45
*25%
>32%
3%
55%
10
M
&
>'
13
513A
99
7%
'
1,100
2,300
13
50 Ve
*
99%
I111%
49%
25%
Co
Mac Andrews
Feb 13
27% Jun
25
9% Feb
Feb
2
142
12
18% Aug
6
>'
98
21% Mar
10%
40
24% May ^
30% Mar 36
Jan
51%
I
13
513/4
15,700
9
223/4
28
26
•33%
54%
Inc
series
3%
9%
3
i
27%
♦98
7%
*32
24%
50 Ve
No par
i
Sons
'
34
455
k
3%
49%
9'A
com J—.23
common:
13
*503/a
45%
34
63/4
25%
Nashvlllex
Lowenstein
-
134
3%
*32
27
11%
33%
7%
*23%
No par
preferred-..^—i
Louisville Gas <fe Electric
Louisville
Sharet
6%
*83A
22%
'
>44%
*25%
99%
11%
34
6%
7
A__i
12
33%
Cement <Corp_—-No par
(P)
♦98
11%
—
7%
25%
No par
-
Long Bell Lumber
Lorlllard
22
99%
11%
———N6 par
Co—
May-15
35% May 15
<98% Jun l4
Mar 17
*98
26%
45'
25%
*11 Ve
_'—i.
Corp
26%
45
6%
9
223/4
'
26
No par
'
Co.:
Oil
Lone
<50-
11
19% Mar 17
,
45
*25%
<■
1
Lockheed Aircraft Corp._i.__
Loew's Inc 1
jNo
>24% May 19
38% Mar: 16
i
,
Oct
11
.28% May 15
20
Apr 42
19
Jan
Lion
9
20% May'21
68% Jun >' 4
►
19% Feb '27
:v
Jan
172
26%
45
3
3
100
Lima-Hamilton
Jun 14
>
24% Jun
•: 57% Feb? 28
79% Teh
12%
513A
Liquid Carbonic Corp com.—No par
3%% contf preferred__i—
100
85
27
Dec
12%
>50%
>23% Jan
2
18%
13%
100
6%
*83/4
223/4
513A
Llbby
x
6%
9
23
12%
preferred
Belt
•63/a
*83/4
22%
*50%
Link
11
10% May;.
<St
Sales lot
the Week
I per share
1
v. 5%
6
9%
22%
13%
1
Lily Tulip Cup Corp——-
10
*
*8%
22%
«
51%
70% May 24
•55% Jun -11
13
Feb
-.7 %
May 14
>13% Jun
Mar 16
79
n
Liggett & Myers Tobacco
174% Mar 30
10
28% Feb
j-18
Libby
Life Savers Corp
McNeill
6
9
12%
i
Corp
Lerner Stores Corp__.
Libbey Owens Ford Olass
Jan
'6 %
22%
26%
(The)——L
Prod
10% Apr
55% Mar 16
109%- Feb
Fink
91•
Feb ?14
8"% Feb
«
Dec
35%
v
'19% May
37?
6
♦8%
22 %
preferred__No par
2nd pfd__
^No par
38% Jan
;
Mar 12
165% Feb
Aug
12%
47
Apr
24% Aug
78%
82
191% July
33% May
Corp
Lehn <b
56% Jun
31% Mar 16
i
Lehman
May 20
Friday
June 25
I per shere
*
"
CLOSED
1st
non-cum
Thursday
June 24
,
t per share
*50 Ve
& Sons Co com.:
50c non-cum
<26 % Jun
13
STOCK..
EXCHANGE
Non-cumulative preferred_x.-__50
<43
I per share
^50
Z.
Co
May 15
12 ?
•
20
8% Feb
Oct
78
i56
Mar 18
-.46:
Apr
29 % Mar
169
24
16 % Feb
•»
>
25
•.
Feb
•
11
4% May 26
*25% May 28
10% May 12
June 23
,,
_—1
preferredj—1—
(James)
Wednesday
June 22
I per share
Lehigh Valley RR_l„I—C—50
Lehigh Valley" Coal com——?
1
<
'Feb
59 %
May
■>t
Mar~30
19%
,■
? Jan
25
May '
46% May
,
;
"2
• per share
SALS PRICKS
Tuesday
June 21
Lehigh Coal «fc Navigation Co—?_10
Lehigh Portland Cement__.'_>_—.23
'
Feb
50%
17
1% Jan
9%- Feb
Jun
38% May
.
4% Mar 16
t.
Feb
Monday
common———No par
<3.85 %- cumulative preferred
35% Mar
14% May
3%
4
Lee Rubber-& Tire——x__
Lees
13% May 22
37 % Jan
9
'
Bryant
LOW AND HIGH
Ratsrday
77'7'''7''
pfd„.75 Ptsos Me*
Co 7(The);»_No par
Lane-Wells
?16
Jun
-
For
r'
Oar Light <5tJx—
14 %'%
6
<
11
30% Mar
Lane
47 *• May 18
726% May 28
27
95% Jan- 31
%
La Consolld «%
Mar 34
*
PeD
y
Feb
9
r
"
'
\M'& 14%
ll
'
•
'.
June 19
>
L
f
i
EXCHANGE
.
4H May
■
STOCK
FINANCIAL CHRONICLE
27
57'A
*114
112
593A
153/a
•2434
6,700
200
1,300
61V8
33,700
15%
5,900
26
200
17%
^
17%
17V4
6,100
29%
28
29
3,100
22
21%
21%
23 1
203A
22
31 Va
31%
30%
31
*13%
600
58
22%
*106
5,200
118
23
14
■'
1123/s
31%
107 Va
'
107 Va
14
-
*106
*13%
107%
133A
1,200
1,400
11,500
■
100
20
"
(2804)
THE
COMMERCIAL
NEW
Bum« lor herlou
Range since Jan. 1
Highest
f per there
35
Apr
107% Dec
9% Dec
RECORD
Monday
Jan
6 per there
167s Dec
13
45
112
Jun
17
Jan
Murphy Co (G C) common
2
11
Feb
2
37% Jan
44%
Feb
38
50% Jun
86
Jan
Jane 19Far
May 15
2
107% Jan
50% Jan 23
4%%
55% Jan
41%
STOCK
5
EXCHANGE
•41
CLOSED
42%
51%
51%
50%
,
15%
15%
41%
41%;
''
14
19%
Feb
14% Mar. 16
21% Jun 25
Feb
24
27% Jun 23
Nashville Chatt St St Louie—
Feb
14
29
National Acme Co
19
May
May
29% Feb
20
May
30
24
Jan
8% Dec
16%
Jan
9% May
14
Feb
12
National Automotive
Mar 18
42
10% May
16% Feb
S4
Jan
34
29
37
Jan
34% Feb
188
Doc
187
13
43%
Mar
6% Feb
Dec
14%
Deo
20
Feb
Jan
Feb
National Biscuit Co common
7%
Jun
17
10% Mar 15
24% Mar 17
32
Jun
14% Mar 17
21
National
May 21
96
29% Jan 23
38
Jun
Jun
7
134% Feb
19
.147% Apr
7
7% Feb
2
24% Jun 10
Jan
6% Mar 13
8% Apr
28
15% Feb 11
1% Jan
:
ff Dee
Jan
U Mar 30
95
Nov
81% Mar 10
22
,23% Dec
Mar
100
Jan
10
30% May
13% Dec
29% Jan
z22
17% ,Feb
12
Mar 16
11
Dee
13% Jun
10
Jun 25
18% May
13% May
24% Feb
15 % Mar 29
18% Feb
107
July
13% Feb 16
Peh
38% Nor
98
Dee
11% Dee
.98% Deo
38% May
33% Dee
387% Dee
17% Jnn
38
Nov
87
Feb
11
Mar 25
10
Feb
38
IS
Meb
12% Feb 11
60
Dee
39
137
Dec
121
20%>Feb
26
,
•J5* 2®*
Feb
Aug
20
62% Jan
890
Feb
200
107
•0% Dec
27
Jun
■
Sep
New
York
Brake
New York Centrals
,
6%
N Y
*
33% Nor
33% DM
66% DM
New, York
2
36
Dock
19% Apr
10
N Y
16% DM
6% May
63% DM
20% Mar
30 ? Mar
25% Mar *18
55
-
Feb
4
14% Mar
Preferred
10% Feb
8
Jan
2
20
20%
41
•40
•145
<■'
19%
19%
94 y«
94%
*144%
147%
5%
series A
<
23%
23
10%
10%
16
98
<
58%
58%
23%
->23%
28%
92 >
28%
42%
>
42%
<
< « 70
28% 128%
.< <
800
14% yr
1.200
*14%
<
10
10%
16%
16 1 /
16
23
.
♦101
■
98
-11%
59
-v
;
<
92
17%
<<17%
,16%
25%
•21%
•56%
100
61
130
::
'
*58%
225 *
61
:
34%
34%
34%
95
93%
.93%
17%
.17%
17%
17%
<75%
-
lono /
56,100 1
19,600 .4
3,600 <
1,300 ;;
1363A
18
*22%
25%
61
100
61
*220
235
.
fjp
88
88
14%
13.000
35%
35%
< 34%
35%
4,100
<:
93%
93%
92%
250
<S
17
.17%
92%
17
<
■
<
<
17%
♦25
*25
25%
33
*32%
33
59%
59%
59%
27%
27%
*27%
28%
17%
"16%
17
♦27%
16%
>■
10
700
33
59%
60%
2,700
■
28%
*27%
28%
200
<
17%
19,200
113/4
12
16,200
1:
<
*91%
93
17
17%
17
17%
'./■
13% May 10
North American Aviation
93
Jun
11
25% Feb 11
36% Jun
14
13% May
32% Feb
16% Feb
27% Jun 24
Northern Central Ry Co
Northern Natural Gas 00
Northern Pacific Ry
73% DM
102% Feb
22% Apr
81% Jan
2
11% Jan
13
17% Mar 20
Northern States Pwr Co (Minn)—
Cum pfd $3.60 serlM
No par
Northwest Airlines Ins common—16
13%
14%
13%
13%
13%
14-
14%
143/a
14%
/14%
*21% Jan 14
27% May 17
40% Apr 24
4.6% cumulative preferred—JM
Northwestern Telegraph
44
23%
24%
22%
23 Vs
23 V*
23%
23%
23%
23%
233/4
37%
37%
37
37%
37%
37%
38
38
Norwalk Tire St Rubbei
*5%
5%
38'A
5%
5%
38%
5%
12%
12%
12%
12%
11
Aug
19% Aug
33
Jua
6% DM
13;
DM
25% Oct
45% Jan
13% Feb
18% Feb
33%, Jan
5
37
31
Apr
13
38
7% May
86
May
18% Sep
34
•4
'
7% May 21
14% Jun
9
■Norwich
8 per there
2
103
Jun
43
Jun
15
10
34% Jun 16
16% Apr 14
22% Feb 11
Feb
92
13% Feb
8
Mar
108
100
Feb
89
Feb 25
Mar 16
20
Jan
2
33% Feb
27
Jan
26
163% Jan
28% Feb
93
Nor
80
147
Oliver
12% Apr 20
23
Jan
Jun
17
37 % Jun
Mar 17
8%
23
Jan
5
89
Feb
27
73% Jan
"
Feb
?P
11% Feb 27
Feb
ll
U
15
80
Oct
.62% Feb ll
May 27
73
Apr 13
*63%
60%
36%
386%
*31
.46%
Oct
<34% Feb
dm
not
■
May
dM
"Doe
43% Jan
62% Jan
39% Feb
Jan
40
13
89% Feb 27
7
Feb
69% Oct
14%- Feb
: 18
►85
ll
13
8% Feb* 27
.13% Mar 16
46
Mar
Feb
5
92% Jan
12
6% Feb
11
9% Feb
23"
37
3
Sep,
dm
33% dm
33% May
7
Dm
3% May
33% Sep
ts|% May
Wot
109
32% Jan
?63% Jan
4% Jan
:
43
ll
2
Mar 16
28
Marie
24% Feb
9
,
nnna
11
6% Mar 16
•
48% Feb,
COO
2
;
Feb
fnnt.nnfuc
Jan
;34% Feb 10
14% Feb
15% May
38% Nor
21
18% Feb
Jan
34%
Feb
97
July
11% May
21% Jun
65% Jun
100 : May
Feb 24
29% Jun 25
38% Feb
O A
2i
-
21
15
17
11% Jun 21
28
105
May 27
Jun
8
May 17
-16% Jun 18
37
.Jan
49% Jun
7
1
10%
106 3/4
•
*86
-.13 JO
500
')
<1
700
36%
152%
153%
*85%
55 y8
86
•86
88
"<
57
15
•
<>', 56
♦68%
70
39
*38
40
21
143%:
Pacific Tin Consolidated
Carp—-1
Pacific Western Oil
:<5%
5%
56%
143%
;
56%
5
10-
10%,
21%:
20%
•"
61%
62%
98
iff
98
Paraffine Cos Inc com—..No
par
4% convertible preferred.
LlOO
*24%
♦105
61%
98
11%
24%
106%
105
l
20%
22
v
46%
46%
■2%
2%
29%
* km
y• par
Wo par
•
30
*28%
No par
Parmelee Transportation.
No par
Pattoo Mines St
Enterprises.
•
Penick St Ford
-
■•
4%
.
*20%
•
-5
10%
3,400 <
;
56
61%
"
553/4
25%
.
41,100
19.400
21%
•20,;
62
21;
613A
98
•
'
25%
V
<
20%
46
f 20%
46
,29%
29%
29
<
8%
♦46
2%
2%
29
8%
*105
16%
15%
30%
30%
47%
46%
47%
<
91,700
23 y»
46 y«
700
;
2%
3,600
<
29%
29 y#
293/4-
5,900
30
29%
29%
29%
*28%
T
83A
8%
8%
9
:
;
700
:
1,800
;
15*%
:
16%
Xl4%
15%
143/4
8,200
'
30%
30%
,46%
|
'•)■}
2%
*
16
*30%
20
46'a
29%
8%
1,300
<22%
'
8%
96,300 <
■:/V
2%
2%
2%
29%
106%
22%
21%
46%
29%
< 25%
<
1,500* t(
2,800 ' U
160 <
•45 »A *46%
'21%
29
.
97%"
103/, -'11 <■
25%
25 %
106%
♦105
"
<97
98.
.
5
60%
: 10% V 11%
106%
'•'
3,400 <
5%
10%
.61
H%
•105
*
,
5.000
*20
62%
24%
:
57
/ :
10%
/
.5
10%
..
98
11%
*
e
'
'
200
10%
< < 4%
■■■
9
< 53/4
■
56%
t
930
36.800
ft
142'a .142%
'
< 2%
600
5,500
:
100%
100
%
.
21%
98
.
V
105."
15%
>
1.900
37%
5%
57%
56%
.
24%., V
20
29
*8%
34%
6ys
'
Consolidated
20'A
34»a
53% .54
5'/b
10
21%/
10%
25%
\
20%;
61
11%
20%
53%
'
98
:
•10 Va
1
20%
143%
..
•<
90
35 Vt,
100%
10% -
,10%
t
.
<
37
34%
142%
>
57
4%
37
37%
5%
*
230
20%
100%
5%
< -5%
5%
600
<
12%
7?
<V 53%
38%
37%
58%
15
15
12%
*68 %
/(
38%/
:>r *37%
100%
16
5
Corp——i-lo
72
100%
ft
%
143% 143%
37%
143%
15%
12%
3,500
••
•
100%
37
.
143%
10
400
•
■;<:•
55
54%
••
12%
35
53%
53%
■<■;
•
ioo
Motor Car——jlo per
Pan American
Airways Oerp—1%
Pan-American Petrol St Tnas-.l
Panhandle East Pipe L coat—NO
par
*34%
;
57
♦68 Vz
70
!> 38
♦20%
21%
53
100 %
19,400
18»/a
88
*86
15%
12%
37
35%
37%
150
200
<■<■
153%
*152%
88
553/4
14%
*68%
53
Packard
14%
,
13
- 100%
A
-
18%
18%
*86
,57
12%
15
*12%
ft
560
2,600
<
*
13
37%.
363/a
18%
72
,100
23
37%
35 %
par
23
36
152%
90
<
10
*
92
•183/a
36
390
7,400
<
<
10
152%
36%
:
34%
23
*22%
400
26,400
107%
92
19
583A
39
common—100
22%
Sheree
800
34%
10 Ye
153
*20%
,w»
22%
-Balee f«S
the Week
18
92%
92
93%
♦18%
*69
'
93
-
-
<
<■?■; 107%
107
9%
10%
93/4
;
<
40%
*17
34%
34%
107
107
/;
*151%
35%
Penney (J C) Co—
<
101
40%
18
*17
34%
33%
►
53%
■
8 600
<<4,800 <
100 <
-35v'y- <
;34
101
41%
36%
35%
15
17%
107
34%
40%
413/4
23%
•12%
JVopar
1
i
8 per there
101%
34%
101
103
<<■ 17%
10%
21%
i.
i
•
290
frldsy
June 25
Juue 24
35
101%
53%
Parker Rust Proof Co
-
Thursday
•34
35%
Parke Davis St Co.
o
-w*t
12%
40%
94
♦22%
<
15
f
4% preferred
Panhandle Prod &
<
8 per there
17%
33%
107%
93%
v
v
57
;
•
/
87
8 per ehere
41
;<< 9%
:
36
♦151% 153
JNopar
Park St Tilford Inc
Park Utah
10
33'A
<
♦18% .19
Paramount Pictures lne
30% Jun 11
39%
*
51
May 21
33%
35%
ioo
Rights
6% preferred
87%
Wednesday 1
June 28
r
34%
23%
PacificTelep St Teleg
27%
87
,5% 'y
*5%
1023/4
107% <
*22%
No par
Lighting Corp.
26%
26%
88
12%
June 22
17%
lg
26% May 27
•""3% May 17
33% Jan
2
5%
12%
34%
95%
Pacific Mills
7
21
-r
27%
26%
•87
21
Mar 18
6% Apr
6
62% May 21
5% May 17
87
Pacific Finance Corp of
Calif—lg
Pacific Gas & Electric.
1
10
4% Feb
Nor
109
147
45,300
Pacific
8
15
ft Jun 18
a
41% Feb
.
July
40 % Jan
Jan
•; 4% Feb
7% Feb
May
66% dm
19% dm
104% Jun
"ft- Jun 21
134
50 <
11.300'll
27%
*101%
18
10
preferred non-cum—No par
2nd preferred non-cum—NO
par
May 17
Feb
41%
*17%
1st
15
36% Jan
54
V.30
Feb
4% Dm
6% dM
It
ON
6% Jan
21% Jun
47 % Mar 16
34%
I per there
34%
*94%
Pacific Amer FlsherlM Ian
Pacific Coast CO r-nmwiaa
43% May 28
30% Mar 17
129% Jan
168
3% May
31% Jan
13
13
15% Mar 20
<
29
Mmmon—0
Owens-Illinois Glass Co.
15% May 17
-'
preferred A—100
common
33%
Tuesday
.
102%
423/s V
33%
...
2
19
Jan
par
pfd
6% preferred
Outboard Marine St Mfg.
Outlet Co
Jan
8
17
34%
102%
1063/4
29
154
Mar
Elevator
CLOSED
No par
Otis
33%
88
12%
$ per there
preferred—.100
(The)
93
32%
LOW AND HIGH SALE TBtCEfl
Oppenhelm Collins
Jan
54% Jun 25
Corp
convertible
93
33
5%.
13
June 21
STOCK
common.
convertible
5%
93
32%
26%
87%
Monday
EXCHANGE
23
60
Jan
Joaelt
Omnibus
5
IS!
«% May
14
Hatarday
Corp
88
12%
11%
12
93
32%
24%
25%
12%
EXCHANGE
4%%
83
July
Kopar
Ohio Oil Co..
Oklahoma Gas St Eleo 4%
May 27
18
Jan
-
Ohio Edison Co common.
4.40%
preferred
18% Jan 17
34% Jun
2
9
28% Feb
118
24%
11%
11%
•
93
31%
32%
88
Rperekaro
18
11
107
100
11%
•92
93
32%
$ per ehere
26% Feb
12%
U%
*92
Pharmacal
■
92% Jan
22
July
27% Dec
<"
STOCKS
NEW YORK STOCK
Range Since Jan. 1
Highest4
Lowest
27% Feb
Aug
69
8
Jan
May
149% Oct
19% May
>
MarlO
111% Feb
35% Dec
Deo
17% May
83
DM
2
Mar
:
6 per there
DM
01% DM
90
10% Mar 18
.Hangs for Previous
Tear 1047
Lewest
Highest
• psr there
11
l
10
i
33
60%
*27%
28%
33%
60%
82% Mar 10
60
J. i
<33%
30% Nov
Dm
'■
<<■ 200
25%
*25%
25%
*25
25%'
33 <
60%
115% Jan
38
••■
200
88
32%
60%
16%
Adjustment preferred
Co
25%
33
.
1.800
'■•<•: •<<•;,
•
•87%
59%
■<< 25%
4
'
;
133/4
17%
17%
♦87%
88
1
T;
20
14%
Corp—.'
li.
i
14
94
93%
'
17%
18
240
I
42
135
61
*56%
*220
2,400
<
91
72 <
i
:
Si
100
< 1.600
:23%
17%
r:
6,700
"
35%
r35
•
*21%
•
;
[
70
>
29
<
133%
18%
25%
18
•
!
ll
!
14%
:
13%
13%
<94%
235
235
13%
132%
*
18%
j
<
500
< 13,700
42
17%
74 " v:
.<
—
V
58%
28%
42%
72%
131%
-25%
*21
61
*56%
:
.
225
'13%
34%
■74%
130
; i8%
25%
< *23
-
'
V'
18
17%
•
220
13
<
-
'•72%
71
,
130
'
18%
•205
-
.</ 67
67%
131
^
<
1,000
11%
*89%
<
.29 r<
42%
<
■;M,
■
: • :
97
,
23%
92
*89%
r;
700
96%
•
583/4
•
24%
< 28%
;
96
18%
!
;
2,000:
i <
33%
♦95
59%
23%
.
;
102%
<11%
11%
97 <
28%
<28%
42 ' < 42%
16 Ve / 17
98
*
58%
:
23%
'
*95
18%
333/4
34%
11%
•V
96 ;
16
•101
102%
33%
*96%
<
'
♦15%
18%
18%
<
34%
*89%
.
<
<18%
102%
96
.■
42%
,
500
33,200
893/4
14%
10%
< "58%
23%
*89%
92
29 \
233/4
24%
28 <
•v
:"i
<
4,000
89
10%
<11%
99
<
23%
28
♦96%
11%
98
8,300
♦23%
,14%
18
V: :
M*
23%
14%
*32%
500
23%
90
10%
j»;
r
50
1,100
23%
*89%
28%
*101
i
:
23
23%
*15%
102%
%
■
J.
«< '
6%
98%
14%
34
;
23(4
240.
:;<■• 3,600
<;■<
147
*6%
500 :■/(
7,000
•:/
23 % '23%
* 99
98
10%
*96%
<>11
v
#96 <
59%
%
;
89
<10%
•101
i
97%
< 28%
'■•-■■'34
*11%
%
88 %
♦15%
16%
M 17% .18 <
34
6%
23%
%
23%
15
/
6%
*23%
23%
23%
22%
28%
129%
17%
Norfolk St Western Ry
American
i
/
373/4
179 -
146
147%
6%
23%
97 %
89% •89%
28 y. / 28%
14%
14%
65%
<
Light 3.90% pfd—100
Shlpbldg Corp partle stock
1
North
147%
6%
■
<
94%
37, •:
/
23%
6%
23%
■'
*176
178
<
193/4
19%
37%
*175%
1,700
21.200
20%
40%
*94
11
89%
'
37
>
178
97%
97
37%
36%
*175%
147%
6%
23%
23%
20%
19%
94%
7.200
193A
*39
41M
19%
*23
V
19%
20%
40
94%
37
37% :
♦175% 178
37%
20%
•
19%
94%
<
•
41
1,500
31%
30%
19%
95%
'•i-, 19
19%
42%
'
10
Nopco Chemical Co
17
20
<< 41
19%
13
12%
13
31%
31%
19%
19%
42
16% -17%
No par
Noblitt-Sparks Industries
5
11
17% Jun
20%
12%
13%
31%
19%
19%
■
63.75 cumulative preferred—1M
28% Jan 13
3
12%
•88%
28%
>
N Y New Haven & Hart RR Co.lOO
Jun 21
Jun
3,200
11,900
30%
< 23
Mo par
36% Jan
62
7%
12%
19
*96 M98M
No par
common
25% Jun 21
8
18
7%
12%
12%
59%
N Y Power St
30% Sep
33% Jan
DM
7%
12%
31%
97
5,300
7%
12%
12%
'Ml
►
46
46
7%
12%
30%
•33
500
7%
19%
r-:-
2,000
5,900
12%
13
96
173%
175
1,600
41
29%
7%
31%
17%
17%
•101
102%
__ltO
,
,
$5 non-cum preferred
17
25% Oct
46%
14%;
40%
OG
12%
16
:
N Y & Harlem RR Co
Mar 18
Jun
63% Jan
64% Nov
45%
*172
175%
175
143%
41
29%
7
10%
>
N Y State Elec St Gae
•<
45%
<■' 14%
No par
preferred aeries A
City Omnibus Corp
96
88
45%
;
12
7%
12%.
28%
;
1
Air
8
3
46%
46
46
22%
•
Jun
Jan
2.900
89%
4%* conv serial preferred—160
Newberry Co (J J) common No par
3%* .preferred
loo
New England Elec System
30
New Jersey Pr St Lt Co A* pfd—ldf
Newmont Mining Corp
10
Newport Industries common
1
36
14% Feb 27
400
8%
147%
-No pas
»
81
173%
24%
8%
23%
86% Jan
100% Aug
*23%
8%
98
14% Jun
6
24%
8%
98
Jun 25
61
255
*23%
8%
•143%
N Y Chic St St Louie Co mm—100
May 4
23% Apr 19
S
19
24%
8%
,
%
6% Mar 29
20% Feb 10
Mar
16
Mar
Jan
*23%
8%
11
142
.
49% Jan It
25% Sep
84% Dae
10% May
May 1575% Jun 25
10
23%
178
No par
<L,300
177%
6%
Co
113/4
8%
37%
SO
14
700
3,100
23%
23%
Corp
12
830
8%
♦174%
8%
♦175%
4%* preferred
,
Vgf
Newport News Ship St Dry Dock—l
4
11%
7%
11%
24
19
,
18
Feb IV
11% Mar 9
I
31% May 19 *
43% Jun
9
6
22% Feb
9
26% May 2190% Jun 18
20% Feb 11
36
May
61%Jun
•
83 % Mar 23
Oct
46% Feb
!
Dee
96
12
8%
53,100
175
•95%
Nelsner Bros Inc
98% Jan 42
12%Jan
a:
3
8%.
11%
14
14
■V
29%
6%
Steel
8
14
39%
10
NthlCorp.
•
7%
19%
.
May 17
27
29
23%
Natemas
May 15
21%
27
26%
/
29%
•41
No par
National Supply (The) Fa oom
10
4%* preferred
100
National Tea Co
.—10
8
20%
26%
27
39%
100
100
common
A
B
Natl Vulcanized Fibre Co
Jan 24
20% Mar 10
26
.
35
90% Mar
■
May
18% May
80
May
11% May
19
Apr
19% Jan
19
104
132% Feb
102
Feb
13
<
21%
27
♦26%
19
National Sugar Ref Co
•
30% May 27 r
15% May 26
12% Jan 28
Feb 26
*08% Jan
44% Dec
33% May
63
Mar
13
100
11
-2
20%
26%
27%
14%
National
5
Jan
*27% Mar 12
Feb
106
Feb
6%
24% Jun 25
94
Co
400
28%
National Linen Service Corp
1
Cast Co
No par
Natl Power St Lt ex-dist
No pat
2
25% Jan
85% Feb 16
Sep
Lead
preferred
preferred
52%
27%
31
Nat Mai St Sti
99% May 15
22
18% Feb
28% Jan
13% May
Jan
1
1%
52%
(
14%
7%
•
lo
177
74% May
31% May
339Wot
9
U
6% Jan
108
National
20% Jun
53
200
,
39%
12
No par
I
42%
20%
12%
Product#
96% May 19
Feb 25
163% Feb
15% Deo
Dairy
42%
39%
46
—No par
Nat Enameling St Stamping—No par
National Gypsum Co com
1
$4.50 cony preferred
—No par
30
167
Doc
National
National Dept Stores
National Distillers Prod
22% May 21
190% Sep
Deo
88
V
< 43% Mar
Feb 11
87
107
Feb
36% Dec
35% May
136
15%
25% Jan
Doe
168
Feb 28
18
2
2
42%
29%
8%
—1
Oo
16%
28%
23%
.1
Container
30
15%
V
♦27
<
1,400
6.600
15%
•52
'
f hares
42%
110%
<39%
14%
175
—100
No par
10
No par
11%
40
29%
National Cylinder (tea On-
Feb
Jan
37% Feb 11
Corp
13% Jan
17%
20% Jan
Dec
Share
St
20%
8
„
11%
13%
.10
Nat City Lines Inc
38
23% Oct
Bond
9% May 20
13% Jan 1 3
13% May
48%
-
48
13
38% Dec
14% May
17% May
30% May
14% May
preferred
Nat
National Can Corp—.
National Cash Register
May 17
9% May 21
8%
40
4
25
27%
8 <;
11%
11%
—S
National Battery Co
5
175% Jun 23
28
6
Aviation Corp
1
9
11% Feb
National
26
26%
8
Fibres Inc—1
Jun
11
33% Feb 10
15% Oct
14
17% Mar 22
164% Feb 10
Feb
13%
.1
30% Jan
26% Feb 20
Jun
26%
Jun
25%
27%
"
.1
42%
*110
20%
19%
26%
27%
.100
8 per there
43
110%
26%
21%
25%
20%
Corp
National Airlines—«
27
8% Feb 11
11% Feb 17
31% Jun
8% May
33
May
7% Dee
Nnsh-Kelvlnator
5
10% May 20
7% Feb
Dec
Jan
gates fer
the Week
15%
*41%
■
52
50%
>
SI
41%
♦110
42%
♦41
»
41%
110
110
.
Friday
June 25
June24
f per there
15%
15%
15%
15%
111
•110
:
41%
41%
41%
41%
111
111
Thursday
June 23
t per there
i per there
t per there
8 per there
Wednesday
Tuesday
June 22
June 21
-1
—100
preferred——™—
Murray Corp of America com
10
preferred.—
.50
Myer* <F X) St Bro»
No pat
42% Jan 16
May 12
Monday, June 28, 1948
LOW AND HIGH BALE PRICES
STOCK
EXCHANGE
J per there
33% Feb 16
40% Feb
112
NEW YORK
Lowest
Highest
8 for there
STOCK
0eSurday
YORK
STOCKS
Year 1047
Lowest
& FINANCIAL CHRONICLE
30%
30%
30%
29%
30%
1,300
<1
47%
47%
47%
48
47%;
48
5,200
^
14%
Volume
167
THE
Number 4711
COMMERCIAL
NEW
Ku{e for Previous
7
HEW TORK
Bange since Jan. 1
Highest
Lowest
Highest
I per thare
I per share
11* Feb
13
15% Jan
13% May
24*
Feb
15* Feb
11
19% May 25
34* May 7
29
Sep
36
Apr
29
Feb
18
*107
Dec
117
Jan
110
Apr
8
18
Dec
22
Jan
18* Feb
11
Deo
45*
Biy*
6
Perm-Dixie
14
5%
19* Apr
15
Penn
27
22% May 24
Feb
20
48
Apr 22
Pennsylvania Salt Mfg Co com
Feb
19
120
Apr 22
55 %
Nov
34
101*
Feb
86% Feb
17
Feb
10* Feb
4
22
Dec
Jun
22
Dec
13* Jun
Jan
27
8% May
12
Dec
■
45* Jan
May 20
,
6
30* Jan
100
104
Apr 26
9* Feb 11
49*
Jun
18
Dec
111*
•
Oct
14% Feb
2
Jan
47
Feb
11
64
Dec
40 * Feb
13
57% May 15
5
55
May 19
104% May 15
69
Dec
Dec
23*
4* %
Dec
Mar
50
109% Aug
27 % Jan
29*
Feb
95* Mar
20* May 15
5
May 15
21% Feb
120* Aug
109 * Aug
24% Jun
22* Jan
Jan
26
26
25
104
14
* Jan
2
~Io%
May
21
85
Dec
25
<
Dec
88
Dec
85
Ry Co
Feb
12
loo
16*
16%
*15%
16*
1,600
14%
15*
14%
14*
121,900
1,000
16*
102
10
98* Apr
110
Dec
Oct
Jun
11* Feb
C
Mar
17%
32%
Dec
26
Dee
16
Dec
12* Feb
165
Aug
169
Aug
145
163*
No*
203
Jan
157
32 *
Apr
42%
Feb
34
May
10*
Nov
8
Feb
15
Dec
140
Oct
1
14
15* Jun
11
*18*
18%
•18%
18*
61*
62%
62*
62*
1,600
57
57%
56%
51 Ve
12,800
52%
53
52%
52*
52%
52*
52*
53
99*
99*
*99%
100*
*99%
Phlla
23'A
23%
22*
23'A
22%
*24
24*
24%
24*
Electric Co
common—No par
•1 preference common
No par
17* May
3
common
preferred
series
cumulative
preferred
10
2
Pittsburgh Screw A Bolt
preferred
Plate Glass
Apr 23
Pittston Co
6
14
46
19*
Oct
12* Feb
13
16% May 20
15*
Nov
12* Jan 28
16
Feb
'
Deo
43
'
May
16* May
b
10% Jun
25
70* May
Jun
4
24
class
*102*
102%
*108*
115
8
16
35* May 21
71% Jan
9
27
28% May 25
Publlcker
18
.81
38*
Jan
32* Jan
15
39* Jun 24
Public
25*
Feb
20
Feb
6
24% Jun 24
Pub
Mar 11
94
Apr 26
84.75
Power
18
f
960
Co
of
14%
14*
110
14%
1,600
92*
10
34*
33%
34%
'4,300
23
23'A
23
23*
3,500
*152
160
*166*
\
♦91
169
:
37%
1
♦152
V
9
•
v
t
17%
•
*79*
24
18
79*
50
38
9*
5,800
4,700
18%
2,400
60*
64%
42*
43*
11
15*
15
'
13*
9*
•30%
32%
68%
24*
67%
♦156
44%
20
4,700
165
43*
.
44*
8,000
11
10%
10%
61
62*
62
64
24,300
44*
46
45*
46
1,800
15%
15%
♦15 Ve
15*
13%
13*
13 *
13%
13%
13*
7,300
9*
10*
10
10*
9*
9%
12,800
•31*
32*
V
,
24
93
170
.
80
25*
43*
68
24
•
80
25*
•
165
*10*
91%
62%
9%
'
80*
44*
i.
91%
26*
♦156
11
*156
"
25*
44* "
18%"
<
1
*80
165
0?
91*
61
•l
13%
9*
»-» 00
9
43*
•
15*
13*
18*
79*
*10*
9*
91*
26
42%
43%
•10*
93*
169
37%
*156
-
•156
10*
23*
160
♦166*
38*
9%
•
90%
24%
165
•
18*
90%
v
69%
33
9*
X8%
;
80*
22%
41*
68
*152
166*
38
'
9%-
91%
42%
•92 *
160
166*
38*
*156
*156
5
*152
169
17%
90%
.,
43*
•31
*91
'
'
165
65*
92*
,
'
160
38
*156
•40
*91
92*
*166*
-
38%
9%
Colorado
14*
34
.18%
•156
93
,
♦31*
Z 15
32*
>'
100
15*
*31
I,100
32'/4
67*
20
38%
38%*
38*
38%
23%
24%
23%
24
68*
67%
68'*
67*
68
5,500
24*
25*
24*
24"%
23*
24*
4,400
•92*
Corp of N J com—No par
preferred
No par
Serv
115
22%
15*
com
103
*108*
22%
No par
Inc
♦102*
115
22%
13%
preferred
102%
33*
1
Co
com
102%
33*
•156
No par
Industries
Service
200
34
'
,
33%
9*
9*
preferred series. A__50
cum
14
34
100
7,400
92*
10
Procter A Gamble
Feb
13%
34
*108*
,
14%
14%
'
conv
73*
33
38
•V
14%
No par
Potomac
Pressed Steel car Co Inc
4*%
44
91*
72*
*91
169
1
B
13% Mar 24
11% May 18
Electric
*42
23%/";.;.V, 22
•10*
Co
6,400
400
;
*89%
T-
14%
34
34%
14%
160
5
Oil Co
*33%
115
*108*
14%
37*
5
A
*14
14%
33%
102%
102*
102 %
•166*
100
Pond Creek Pocahontas
Jan
111
33%
115
•152
Plymouth
Poor
•14
15*
/
74*
1
Plough Inc
32*
V
*14
34%
.
42%
27
Feb
14*
34
100
(The)
30* Apr
62* Feb
Feb
*13*
*
-
29*
<'
1
102*
Dec
conv
8* Feb
71* Nov
74*
23%
46
Jan
Dec
91*
73*
80*
28* Jan 22
29* Feb
May
44
*89*
23%
Pittsburgh A West Virginia
Pittsburgh Young A Ash pfd
33
4-
*42
92
73%
•79*
May 17
9% May 10
44*
*89*
prior'pfd—100
157
-
*43
92*
9
♦
88
74
*91%
13
Oct
11,200
'{.
94
*85
92
100
Feb
Oct
*92*
88
44*
—100
Jan
24
93
73*
No par
No par
15
82* May 10
93
*89*
75*
10
145
26* Jun
40*
*&5
*42
73
100
Pittsburgh Steel Co com
7% preferred class B
5% preferred class A
1st ser
7,200
90*
29
92
43*
*89*
—
25
Co
Sep
9
39%
29
43*
• '
400
420
19%
*89*
90*
95
.
240
108
28*
88
Wayne A Chic Ry com—100
Jan
71* Mar
29
*93
14%
I%%
40
*89%
90*
28%
*85
Pitts Coke A Chem Co com__No par
85 convertible preferred—No par
13
9
39%
29
95
102*
Pittsburgh
May 18
40
*89*
101*
19%
88 :\-
•108*
1
Jun
39%
90*
113
19%
39 %
28%
14
94* May 14
19*
♦93
100
gtd
19%
300
*99%
*107*
*85
No par
7%
19%
24%
113
109
)
''1 5
■>. '
Pitts C C & St Louis RR
39* Jun
20
101*
*107*
12,800
"
167
157
113%
101
108*
97*
5
.
16
11
113
102
108
88
100
common
20
27
113%
*101
120
23*
*24
•93
Hosiery
Feb
73* Feb 28
24'A
•85
No par
Feb
Jan
f
Pitts Ft
Jan
24
1,180
101
23*
"
90*
<29*
No par
com
preferred
155
1 May 19
24%
300
52%
*100
100
Phillips Petroleum
84
40
28%
92
i Apr
23*
100
preferred
Phillips Jones Corp
5%
39*
*89*
33*
Dec
Deo
Corp
22%
Jan
90
38%
*89*
99*
22%
19%
33*
35*
30* May
19* Deo
19
92
14*
85*
19%
18%
■
52*
99*
22%
113
108*
1
100
*24
102
108
18%
113*
*100*
109*
1
38
67
*113
102*
•108*
1
Apr
33*
113*
102*
100
Pittsburgh Forglngs Co
Sep
9
113
100
Pitts Consolidation Coal Co
10
12*
100
4.3%
15
21
19* May
11* May
4.4%
Dec
38%
18%
3.8%
26
Jan
16,200
61%
23 % Jun
11
70
15*
18%
92* May 26
35* May 22
Mar 16
10* Feb
140
Oct
10
29*
103*
15*
57
Pillsbury Mills Inc
8
•28*
*103*
16*
60 'A
Phoenix
14
28*
103*
15%
56%
7
Jun
28*
*103 *
16*
56%
5
103* Jan
29%
103*
16*
:■
61
20*
200
May
16*
56
34% Jan
110
*28*
*103*
103 •:<
16*
60
84*
10* May
103
♦18
14* May
:
84* May 12
Jan
93*
29
29
29
102*
15*
No par
/'"I'm;."'
18*
171
29
102%
—5
56*
'
Feu
96*
Feb
100
16%
14%
18%
46* Apr 23
30* Feb 25
94*
61*
36
5
*93
94
18%
4%
15
100
94
:
1,000
61'A
3.60
Feb
180
36
55%
3
90
112
36
i
2
77* Jun
112
37
16
100
Brewing Co
(Chas) & Co Inc
Pfizer
87* Jan
22
114
*35*
Phelps-Dodge Corp
25
Philadelphia Co 6% preferred
50
$6 preferred
No par
97* Jun
26
43
14*
preferred
Pfeiffer
6
Jan
43
"
83* Mar 17
54% Jan 21
21%
43
15
3*% preferred series A
100
Philip Morris & Co Ltd common
5
87* Jan
21*
43
*112
14
13
Jan
21*
44
114
20*
13%
90
87
4,500
37,800
21%
43
13*
8
Jan
—
19*
14%
83 % Apr
30 % May 20
19 %
.
15%
'
25* Mar 16
19*
113
114
44%
115
114*
•111*
13*
Phllco
>
21*
1,400
31%
13*
25
v
20%
44*
1
1,800
18
*29
113
19
Mheree
13*
100
20% May 22
«■/
20*
.
19*
18%
13
33*0
-No par
common.
40* Jun
8
19%
the Weak
1 17%
....
31%
•111*
95
22
Jun
19
♦29
113
•111*
*93*
19
.
Jan
CLOSED
113
•111*
113
95
Jan
16
67
111*
*93
Jan
18
8* May
EXCHANGE
95
14
38* July
Apr
69* May
31'/a
•93
28
July
63* July
114
*29
100
Oct
,,i
7
30%
36*
preferred
preferred
preferred
Phlla So Reading Coal & Iron
93
Dec
*30*
*35*
9
Jan
88
33*
36*
10
Apr
May
*30*
*35
111
81
i-»cc
STOCK
36*
103% Jun
Feb
Dec
18
114%
115* Jun
Dec
10
17%
*35*
14
Mar
96*
18*
114*
21
43
Apr
18
5
28
101
Jun
17%
44%
Jan
109
12
17%
Sale* tee
9 per thare
13*
18*
20*
Jan
Dec
10*
13*
20*
Apr
21
60* Mar
13
44%
91
16%
Jan
12*
19*
35% Nov
98 % Mar
43* Jan
'■
12*
19
105
Dec
95
12%
100
Petroleum Corp of America
21
48*
Deo
97*
»1%
Pet Milk Co
62*
May
Apr
pfd
Pepsi-Cola Co
6
\.i
13*
Peoria & Eastern
May 19
17% Jun
A
Peoples Drug Stores Inc
Peoples G L & Coke (Chic)
98
May 15
20* May
7
24* Jan
5
May 12
series
conv
f per thare
12%
10
Pennsylvania RR
41
103
Friday
June 25
June 24
9 per there
12%
50
16* Feb
Sep
Thursday
June 28
1 per thare
18*
No par
Jan
34
38*
Power & Light Co
Wednesday
June 22
9 perthare
!
Corp com—No par
100
preferred
3*%
9 per there
—7
Feb
34* July
37
Co_
21
SALE PRICES
HIGH
AND
Tuesday
June 2)
-10
Cement
Penn Glass Sana
Jan
Corp.
51*
May
23
Coal & Coke
26%
;
May
22*
112
Penn
2
118*
.
May
Dec
LOW
June 10
Per
Oct
15*
Monday
(2805)
RECORD
Saturday
STOCK
6 perthare
9 per thare
16*
38
STOCK
EXCHANGE
Apr
111
YORK
CHRONICLE
STOCKS
Tear 1947
Lowest
& FINANCIAL
93*
93
93
93
93
39
39*
38*
39%
4,700
24
24%
10,600
'
38*
;
23%
.24*
■I 39*
24*. .24%
93*
94*
270
Feb
11
98
Apr 20
85
Dec
Aug
120* July
X90
102*
102
Feb
6
131
Apr 21
6%
preferred
100
108
111
108*
106*
Deo
107*
106%
107
130
111* Feb
16
7%
106 *
preferred
106*
10o
107*
105%
124* Apr 20
141% Apr 20
120%
121*
119*
120%
119*
120*
120
8%
119%
118*
preferred
119*
710
137
138
136*
137
135*
135%
850
25
24%
24%
600
*109 33
114*
Aug
127
Jan
110*
Jun
114*
Feb
61* May
21* May
61*
Feb
146* July
X127
Dec
11
2
24* Jun
25
5
111* Jan
2
109* Mar
;
29*
Feb
22* Apr
;
28
Apr
1
40* Mar 17
X25* Feb
5
108*
Oct
109*
Jan
101* Feb
13
84*
Deo
36*
Feb
X25
11
SO
Mar
94* Dee
Feb
X21* Feb 25
30* May 15
53
Jan
42
May 18
5
107* Mar 24
31
5
Jan
25% May 25
9 perthare
Lowest
136*
135%
136*
23*
24*
24*
•10913
114*
•10913
114*
•10913
114*
*10913
29%
29*
29*
29*
29*
29*
29*
44%
45
44*
44*
44%
45*
45
No par
39*
40*
38*
39%
38%
39*
38*
preferred
100
•107*
107 *
Puritv Bakeries Corp
He par
31
31
Quaker State Oil Refining Corp_»
24
24
Preferred
7* May
10*
Feb
•8*
Dee
80*
Feb
f*
Dee
15*
Jan
•4*
Dee
105% Mar
98* May
17% May
32%
41
Feb
32
Deo
Dec
38%
16% May
Feb
37
Dee
22% July
48% July
33
Nov
39
Oct
11
(The)
oonv
7% Feb 20
63* Feb
15
Jun
17
11
75% May 27
7% Feb 27
11% May 19
98* Jun
4
91
Mar 31
JY,
Ralston Purina Co 3*%
35* Jun
14
Rayonler Inc
31
28
35
May 17
23
45
Apr 27
Jun
108% Mar
101
Feb
10% Feb 24
2
15% May 27
Jan
21
105
11% Feb
11
18
Feb
25
May 21
•2
non-cum
non-cum
62
29*
Feb
10% Apr 23
22% Mar 31
17%
Feb
10% Feb 27
84*
Dec
Feb
61* Jun
10
12%
Deo
17
Aug
ll
96
Nov
102
Jan
95* Jun
24%
Jan
33%
Oct
4% May
3% Dec
9%
Jan
6% Feb
8%
Feb
3% Mar
4
..,•15% Feb
8% Feb
11
9%
Dec
22% May
101%
Deo
14
Deo
30%
Feb
113* May
May
91
v
24*
110
5* Feb
20
27
Jan
124
Jan
Deo
19
;
Apr
13%
k
Jan
23 % May
5%
Sep
5
19% Feb
11*
39
85
11
Jan
17
Jun
May
22% Feb
103
10
Dec
9
May
36% May
f' 45
May
10
15* Feb
19%
90
X22* Mar 10
82* Feb
Apr
Feb
*
17
Feb
6%
!
Mar 17
92
Mar 19
14* Jan
25* May 21
13% May 24
64% May
Apr
8
29% Jan
7
13% May 8
5* May 20
11% May 21
31% Jun 14
109* Jun 24
21% May 15
96
19
May 15
Apr
8
29* Apr 22
104* Jan
5
16*
Feb
7% Feb
11
11* May 26
Feb
35% Apr
23
41* Jan
V50*
Dec
r 46
50
2
Jan
58
Jun
1
Feb
May 6
87% Feb 18
25%
Feb
20% Mar 16
18*
Dec
15% Jan 26
49
Jun
21
31
Feb
22
28
Jun
15
104
10% Mar
Mar
9
5% Mar
9
5
19% Feb
14
18
Dec
20* Nov
15% Mar
19*
Sep
24%
17
Oct
8
Mar 16
94
.
24* May 18
-7% May 21
11* Jun
9
28* Jun
May 21
27% May 27
68%
Oct
64% Jan 22
72
17%
20%
Feb
14
18% Jan
footnotes
see
page
24.
Apr
23
9
22
42% May
For
4
15% May 21
98
44*
•
6% Feb
Dee
7
May 28
6
1st preferred
2nd preferred
7%
preferred
(Robt)
div
y.;-y■ y
—
;V> ! yM'Vi' '
preferred
•
Rexall
Common
series
Manufacturing Co—
Oil Corp..
;
Company
Roan Antelope Copper Mines
Controls
preferred
31
900
24*
•24*
25
200
Thursday
II,100
500
Friday
Balea tee
June 25
9 per thare
the Week
8haree
I per thare
/vt.,?•':>>.•
'
j-
34*
34*
34*
*34%
33%
34%
34*
34*
.2
*34%
34*
34 %
34%
34*
27%
25*
26%
25%
26%
43
/':■:■ 41
13%
109
*102
•14*
15*
•11*
11%
23%
23%
•22%
23%
22*
12%
12%
12*
12%
*62
62%
13%
62*
13%
•94
24*
24%
11*
11%
11%
3*
3%
*9*
9%
31%
29%, *
•
♦109
17*
18%
95
6%
7
No par
25*
26
17%
♦94
*?+
•109
18% *
•
99
99
10%''
37%
■
*47
94".
92%
22*
22%
22%
22%
49
43%
46*
27*
26*
.
92%
26*
43
*26*
(-"•
5%
6
5%
5%
11
10*
10*
26* "
100%
2,200
■
100*
30
47'A
47
47
92*
♦90
22%
:
22*
22*
3,200
42%
38*
40'A
148',400
27*
♦25*
10*
-
♦26*
■'
r
.
*10%
37*
:
92*
26
,
50
300
100
5%
5%
5%
11
10%
10%
..'10%
26*
27*
267/a
27*
26%
27*
20*
20*
20*
20*
20*
20*
26
26%
26
26%
25%
26
5,300
70*
70*
69
69*
1,700
•15*
15%
15*
600
5*
v
5%
27*
26*
20*
♦20*
25
25*
Ruberold
68*
69*
68%
69
69%
70
15*
15*
*15*
15*
15*
15*
,
,
,
.15 »»
5*
,
10*
•>:
20*"
20*
19,100
39
44*
<
20
7
26%
26
22*
/ 22%
27
6%
7
400
8,600
7,400
92%.
.
95*
2,900
47*
r
,18%
10%
47
'
Z'
37
94*
*26
1,900
29,900
.
36%
10
43
•'
12,200
3,100
31
18*
100%
•f
109*
*93*
95*
100%
37
47
30*
*109
26*
10*
22*
.
3,300
9*
25*
37%
♦92
10*
6%
7
10
48
*92%
4%
9%
^
18
"
37%
V.<
7,600
4%
"Z
31*
25*
100%
11%
109 *
18
6%
10
24%
";'ll*
31%
♦94
25%
37%
24%
12%
109*
18%
6%
♦99
24%
9%
25%
10%
"48:/;' :/ ■'
,
*94
37%
10*
13%
96*
'
4
95 *
18%
95*
50
63
13%
9%
109*
600
.
*94*
4
30* Z 31%
30%
4 109*
*62
■•;■/■
14%
96*
4
6%
101
•99%
*94
9%
_
*9*
24*
*
63 ..T:■
13%
96*
400
300
12%
14
"
1,700
22*
12%
24
11%
109
22%
13
*94
24%
.7
22*
*12%
*62
63
13%
,
96*
11*
*47
500
11*
24%
"37%
200
-
109
,15%
*
6
*102
11*
11%
*
41,400
200
15
3%
100
1,200
"<
42 *
11*
95
300
3,400
14%
15%
9%
••
109
*13*
11*
24*
,
-
37
37
.
15%
'■L
14%
30
•
•
14
•102
109
*40%
-
38
14
11%
3%
•
421*
*37
5
15%
>■4* 9 %
'
♦40
37*
11*
10
1 / ;
^
41
37%
*13%
<
14
♦102
97
109
'
34%
26*
37%
37*
*13%
63
13*
180
34%
34%
„
12%
•62
1,300
20,900
98
24
,*94
'.'>"71
*97
15%
50e
10
98
34*
11%
y■
*97
34*
24%
yy y >
98
87,000
9
26*.:
*40
i-,
109
11%
97%
'<
:.
'
15%
1
100
14*
71*
^ 8%
34%
13*
•23
....,
A;!.-; Viv'
inn
14
*71*
8%
34*
43
12%
v
14%
71*
8%
23%
15*
yvy .7
14%
71%
8%
34*
11%
;'V-:
14*
71%
27*
(Jaecb)
*30*
8*
25%'- 25%
Ruppert
107*
71%
Ronson Art Metal Wka Inc..
(The)
107*
.14%
Royal Typewriter
Co
108
8%
34
4:i
38
Richfield
Rltter
conv
32,100
14%
34%
22%
Rheem
4* %
13,600
40*
June 24
1 per there
*
yjw'v-"' y
1q
Robertshaw-Fulton
45%
37%
39*
71*
34
2.50
com
5*% convertible preferred
Reynolds Spring
Reynolds (R J) Tob class B
3.60%
29*
45
8%
■
24*
•102
1
Drug Inc
Reynolds Metals Co
29
71%
:
';
34*.
/ 13*
50o
50c
Iiifl
preferred
Preferred
'l
y'yv, yyy."y
Republic Steel Corp com
No par
6% conv prior pfd series A—.100
Revere Copper & Brass com—No par
5%%
*24*
29*
31
31
June 2'2
98
•40
' '
v
.25
common
Republic Aviation f!orp
Republic Pictures common
convertible
1,610
1,650
.45*
*107*
-
Wednesday
34
•37
:*'y? SV'ss*''-'i"
5o
•
r.
•4.50 preferred
•1
107
114*
94
HIGH SALE PRICES
98
35
j .y ;S: 34*
prior
Remington-Rand
Motors
.
33*
;
Co—
&
25
'/• / ' 14*
.
08
•33%
•'
50
preference
10
Reliable Stores Corp
No par
Reliance Mfg Co common
5
Conv pfd 3%* series
100
Rflft
y
98
'
y
/;\v
100
__
Reeves Bros Inc
•1.25
-i'V'Si;f." v
j. /
15
8%
:
^
2S
4%
•24%
9 per thare
71*
8*
v
100
50
common
14%
•?' 71%
CLOSED
No par
—1
Real Silk Hosiery common
Reis
14% Nov
pfd
common
4%
24*
June 22
9 per thare
EXCHANGE
1
preferred
Reading Co
•30*
31
107
Tuesday
June 21
STOCK
Corp ef America com—No par
•3.50 oonv 1st preferred—No par
Ruritn-Kslth-nrphaiim
20
39
Feb
Radio
22% Feb
27 % Jun
31
*24%
Monday
Jane 19
Raybestos Manhattan
16% Feb 20
107
31
*24
93
f
18
Jan
Wfitordny
'
Ifer&*r§
34% Jun
16
20% May
<10% Dec
107
LOW AND
STOCK
28% Mar 11
24
16%
■i,
9 per thare
31
Dee
common
EXCHANGE
36% Feb
May
12%
No par
No par
NEW YORK
July
18% Feb
8% May
66
No par
.
pfd
Inc
Oil
5%
No par
com
85
dividend
81.40
Pullman
Pure
Gas
&
: \
.
94
93%
23*
El
Highest
9 perthare
94*
136*
Range since Jan. 1
Highest
93*
24*
Serv
STOCKS
Year 1947
I perthare
100
>
95*
-
•23%
Pub
Range for Previous
Lowest
94%>
-
11
1,600
14,900
2,000
400
(2806)
22
TIIE
COMMERCIAL
*
Lowest
•■':i
77
Highest
I perthare
9 perthare
'
„■
Range alnoe Jan. 1
Highest
t perthare
STOCK
■
•••
,
'
-t
4-
-
9 perthare
7:.>
I
per
SALE
HIGH
AND
-low
June 22
'
,
I per thare
thare
PRICES
Wednesday
June 23
t per tnare
Tueaday
June 21
r9 per thare f
Monday, June 28, 1948
,
..
■—
Monday
June 19
7
Par
V
\
Saturday
->774>
•■■■>>
"EXCHANGE
.
RECORD
v-.-
'NEW YORK STOCK
CHRONICLE
,
STOCKS
*
Year 1947
Lowest
YORK
NEW
f
Ranee lor Prevloua
FINANCIAL
&
Thursday
;
Sales
Friday > :•
June 24
June 25
t per thare
for
the Week
9 per thare
Sharet
>
s
'
12%
Jan
18
May
37%
66
Deo
68%
Deo
»7
Dec
80%
Dec
f
Deo
80
15% Jun
24
48% May 15*
Jan
Jan
29
8
Feb
13
87
Deo
Deo
11% "Fob
85%
•
Jan
Jan
j
103%
Sep
-90% Feb
Dec
102% July
13%
Nov
18%
*83%
Dec
98% Mar
95
Jan
9
■cranton Elco Co
20
87
"26
24
Jun
•
65
Feb
62% Jun
Nov
15% Feb
10
20% Jun
14
Deo
35% Feb
11
59% May
10%
Feb
Mar 25
6
31% Feb
.-40% July
16%
Feb
16%
Feb
10% May
16%
Feb
Jan
94.
110
Deo
20%
18
70
11
36% Jun
41% Jun
V
10
Jan
17% Feb
82
Dec
"14% Deo
*11% Deo
Feb
68
22
35%
24% May
Feb
<1
-
Feb
Oct
8%
Jkn
64%
Apr
3%
42%
Jau
104% Jun 14
*5
24
37
Deo
34%
July
60%
88
May
S7% May
60%
77
Corp..
15
Steel ft Iron..,
20
Corp.ii.i——.z—10
May 17
>42% Jan
25% Mar 18
22%
22%
7 29%
7
23
93%
7
33
7
:
33
•33%
•
33
:
33%
33%
28
Feb
,73.
69 % Jun {
2
>73 :
20
17%
Feb
>
,7% Mar 16
14
Feb
.;6iyB Mar 17
>15% Feb 10
74
45%
Jan
22
May
98% Mar
9
> 37% Jan
102
Aug
81
May
114%
May
125
60% Mar
63
29%. Jun
10
Feb
Jun
'
•
10
333/4
34%
323/4
*963/4
„88
*27
0
19%
Feb
Feb
10
.
Mar
9
^ 8
Jun
24
29% Jun
15
Studebaker Corp
16
36%
Feb
.16% Mar 16
18
>
>•"
9
94
Mar
l'v
Oct
113% Jan
'■'9% Feb 11
Jan
•20
31
*••-'•'
'11% Jan
4
Mar 17
7
24
;15% May 24
Jun
18
21% Jun
•26% Jun
41% Jun
21
>13% Mar
May
9% Mar
47
Feb
Mar
1
>18% Feb 11
Dec
140
Mar
1
r14
Feb
,38
Dec
27%
Jan
,14% May 14
28%
Feb
;
17% Feb 27
26
79%
Dec
Jun
22
Dec
4%%
preferred
17
36% Jan
27
Jan
'
3
Swift ft Co—
90% Jun;
:9
7% May 18
9 per «Aar| >
Feb
20y« Aug
68% July
'147/«Marl0
10%
24
'
Jan
Deo
58% Nov
Deo
'
$4
preferred
27
25% May
13
65
7
Feb 10
15%
Jan
34%
Dee
29
41
Jan
68%
Feb
45% Feb
13%
Dec
15 U
Deo
Deo
19 /a
Deo
12%
Deo
21%
Feb
41
Deo
12
May
®9,?
17%
footnotes
Feb
see
nacre
Tennessee
47
11
10
5
Mar 11
17% Mar 27
7 8 Ve Jun
67
Jun
Jun
15
48% May 13
65% May 24
20% May 24
24
May 22
8
'31% Jun 23
"46% Jan
9
24.
.
26%
*225
18%
15% May 21
Sub
Pacific
share
Land
.23%
LOW AND HIGH
Saturday
Heilty
June 19
ctfs.^
Texas ft Pacific Ry Co
7
♦11
EXCHANGE
CLOSED
L
conv
preference—
65%
>
■
•
.
.
10
-.100
V
69%
118%
15%
10%
27%
'232
18%
•11
•
*4%
18%
89
6%
PRICES
11%
11
"
5
5
•17%
/Friday
*11%
>7
18
>7
5
17%
5
the Week
$ per thare
11%
^
Bales for
Jane 25
I perthare
11
*4%
17%
173/8
Thursday
June 24
-9 per there
>711%
>.
5
17%
*17%
Bharet
11%
300
1,800
53/a
JL8
1,400
66%
64%
65 Vt
164%
65
631/2
6434
24%
22%
233/a
23%
23%
23%
23%
23
23%
•64 M
63%
64% /'
64%
65
64%
64%
64%
65
48%
50
49%
49
49%
491/8
50
8,800
"•41%
4P/4
41%
41%
3,900
49%
>
1
42 y8
100
•v
; 50%
*61%
No par
19,900
62%
*
10
No par
28%
23%
■'
/" V- •v* V' a?\\, >t.
t
,
Textron Ina common.
i
4
500
$1.25 conv preferred
(No par
Thatcher Glass Mfg Co common
5
$2.40
*18%
Jane 23
t per there
5
18
-43%
♦19
83/4
-v-y H
.
.
I-
413/4
V
63%
16%
>
The Fair.
:
.11%
:.>"57>
1
^
1,500
18,300
20%
Wednesday
Jane 22
I per there
8
v.
2,300
17%
24%
SALE
Tuesday
June 21
28
Trust—
5,100
43%
*87%
f 6%
No par
Texas Pacific Coal ft 011_L
3,500
16
7ii3-./>.i3c7:
-33%. .; 34 "
>16% ,18%
25
No par
18%
33
40'/a
*225
•43%
700
;
25%
,:10
26%
27
235
96
27%
28%
7 40%
5q
Gulf Producing.
Texas
9%
200
6,100
17%
20%
I
Gulf Sulphur
'
•
Texas Co
28%
300
7>
32%
18
•
5,400
v
15% : 15%
183/4
183/4
19
14%
25
97%
15%
It 24%
STOCK
Texas
16
,17%
12.50
L
32%
19
25
:
Corp
(The)
Texas
56% May 12
32%
118%
.
(James)..
Telautograph Corp^
*95
''/15%7 15%
25
&
97
16
153/4
69
\
8
14% Jan
15
16
•15%
No par
t
23
23
12% Apr
32%
15%
16
,?£8
Talcott Ino
17% Feb
37% Feb
323/a
16
V
f per there
11% May 21
14
Feb
32%
15%
i
KCW YORK STOCK
EXCHANQB
5% Jun 25
-19"% May 27
52% Feb
^
18%
11
32%
•15%
100
*tper I harp
9% Mar 16
>3% Feb
*96
97
15%
No par
*95%
14,700
363/4
2m
Symington Gould Corp
97%
36%
27%
>
24,600
37%
727%
i
34
.36%
27
-com
Sylvanla Elcc' Prod Inc
33'/4
373/4
28%
LlOe
34
143/a
27%
Sunshine Mining Co
31,700
141/4
17%
B
18,800
871/2
141/4
165/a
A
72%
49%
143/4
17
;
71%
48%
86%
*393/4
16%
i__
72%
883/4
41%
173/8
cum)
1,300
*40%
(15%
Swift International ;Ltd
Jun
.
23,200
1,800
48
No par
series
; STOCKS
May
47%
(4%%
Corp.. i
27
106
115%
50%
*95%
19
——,1
-
33%
7
No par
:4%% preferred series
Sunshine Biscuits Inc
'Range since Jan. 1
•i/V-Lowest>•
Highest
"3% May
13% May
83% Sep
7%
(The)-
common
pfd
Oil
Range for Previous
9 perthare
33
32%
15%
-15%
•
*95
97:777;:
—10
18%
Highest
*96
(The)_i4.16%
20%
-
37%
97
26%"
106
115
•423/4
40%
143/a
18%
Paper Co
25
Ysar1947
38
7
14%
19
Sweets Co of America
25
4% Mar 12
375/a
■'
Ml*A
19
Sutherland
12% Jun
x30% Feb
180% Apr 21
143/a
38%
'27%
104
114
14%
19
19
Oct
Jan
i
14%
8,100
:
100
42
16
14
21%
37%
Feb
14%
340
28%
90%
14%
19
16% Jan
Jan
10%
14%
102'/8
28 Vb
*88%
14%
40 Va
»95
1
..
401/4
102 %
283/4
90%
413/4
20
44% Jun
Mar 12
\
40Va-
5,200
1,800
143/B
No par
,
19% Jun > 9
11
Jun
104 % Mar
i 9
<
42
21%
26%
42
14%
♦41%
270
21%
.26%
■
713/4
97%
*95%
42%
38
1
Superheater Co (The).—
Superior Oil of California
Superior Steel Corp
i
30%
6% May
11
11% Mar 31'
28% Jun
235
jf 14%
!
Class A
Sun ray
9
25
2
5
14
•41%
•
71
49%
:
333/4 5341/4
14i/e
5
$4.50 series A preferred
Sun OH Co
118% Jun
24% Jun
34% Mar
I
common
•33% 7
97%
14%
71
4,200
87%
72
Sun Chemical Corp common——1
98% May 25
70% Jun
9
'•} 50% Mar 19
*40%
15
prior preferred
Stone'& Webster
i
>11% Jan ' 8
No par
6%
72%
•953/4
14%
42%
100 i.
Stokley-Van Camp Inc
2
Jan
98
14
P) ft Co Inc
Stewart-Warner Corp
Jan
7.:
42%
preferred.*
18
Mar
711/2
72%
—.50
(J
•20
Feb
24%
3 % %
Stevens
36% May 21
16% May 26
3
17
:
72%
1
common
common.'
11
17
May.
Sterling Drug Inc
27
10% May
Oct
Spring
12% Feb
Oct
Jan
Va
Steel
13% Feb
24%
21%
Sep
104
113
;/
100
Oct
24
103 J/4
11
32% Mar 12
*
26%
271/4
■
112
14
'36%
160
253/a
Jun
104% Mar
Jan
110
25%
97% Jun
Dec
>17% May
403
no
24%
35
Nov
45%
104
110
17
30%
32% May
•'.
8% May
*103
7
*89
51%
88
•
103
110
26%
>28%
89 Vt
11% Mar
Jan
>12%
243/4
103
71%
50%
Standard
7,400
.12%
771%
102 %
88'/a
4% convertible preferred
Ntarrett Co (The) L S
Sterchl Bros Stores Inc
8,600
12%
29%
12%
-
283/4
51%
15% May 21
30
30 VB
121/4
89%
891/4
43% May 11
>41% May 26
15% May 21
39 % Jun - 8
>97
Jun
7
400
71
293/4
102%
103
28%
89%
501/4
11
Jan
•102%
"
91
88 Vt
10
125
28%.
*89%
52
10
Dec
91
90%
11% Feb
13,700
27
7 71%
'
21%
51%
preferred series A...
:200
,
73/4
8
27
265/s
89
•3%%
19
♦69
21%
25
Feb
71
26%
25
Feb
Feb
102%
283/4
29
110
.
j
7%
*73/4
27%
213/a
Standard Oil of Indiana
Feb
15%
102%
28%
*89%
California..No par
*18
:
263/4
Standard OH of New Jersey
8tandard Oil of Ohio common
38
109% ;Apr
75% Mar
26%
16
37
July
May
21%
26%
15
Oct
10% May
20%
26%
Jun
Feb
May
21%
*
7"
.
7
53
of
.
73/a
27%
/r
293/4
92% Jun
Feb
!
121/4
72
13
17 Vt
13% May
(12
72%
,71%
; 21%
102% 103
No par
X29%
12
27
'20%
>
30%
11%
72
'•
27%
11
Oil
19
.
*69
27%
27
>91
Jan
7ye
*73/4
•.>
71
263/4
24% Feb
Standard
15
47
49
*69
30%
7
12%
72%
777:727,7;-
$6 prior preferred
No par
•7 prior preferred—.No par
;
♦
26%
ty
49
Dec
30%
72
-
7
.78>7
8
71
*69
27%
30%
113/4
1
•
8
'
26
.
—i——.i—_No par
com
71
.7%
Jun
37
v
b
> 6%
*7%
71%
*18%
19%
73
10% May
41% Jun
18
*69
-
'
25
105
May
_No par
$3.50 cum preferred——..-No par
Standard O ft E Co $4 pref—No par
25
115% Jun
Dec
May
7%
*18%
>6%
30*% Feb
69% Feb
44% July
Jan
1
common
7%
7%
7
19
54% Jan 27
80
July
31% Aug
Jan
ft Sons
Standard Brands Inc
27% May 15
106
11
97% Feb 27
";v.uV
Mar
(E R)
preferred
60%
68%
*70
"
'86
July
63
$4
3
.91% Jun
'
37 Va May
Squibb
29
2
,19% Feb 27
Feb
Jan
Feb 11
>82
Feb
89
22% Mar
\
May 15
26%
50
68%
:No par
preferred—_—<
14%
26%
*18%
25%
40"
59%
19%
57%
41%
4G'%
Railway -common^No par
preferred—
100
19%
1,600
30% * 30%
♦
Spencer Kellogg ft Sons
1
Sperry Corp (The)i—>.....J.
.1
Spiegel Inc common—
;
2
Conv $4.50 preferred———No par
Square D
5
May 14
104
25
oar
J % * non-cum
$5.50
23% May 15
29% Jan
2
3
Feb
■
14%
Co——7.50
Sparks Withington^.
l
Spear ft Co common..
5
Jan
Edison
Gas
1,200
44%
41
Spalding (AO) ft Bros Inc__——1:
25
1,400
55
,40
,Mobil# ft Ohio stock tr ctfs_„100
Jan : $
29% Jan
2
,30% Jun 18
>90%
112%
•
7 8% May 27
23% Mar 18
20% Feb
Southern
20% May 20
> 7% Jun
:
;>8% Mar 18
; 36% Jan
54%
California
,50% Jun 23
•69% May 15
164,600
7%
*41%
South Porto Rico Sugar com_.No par
'8%
preferred
1
25
15
100
29%
156
4%
7/7%,
50
■
Natural
Dec
>18% Feb
Co com.4.50
ft Q
Southern
;
4%
preferred—..
50
Southeastern Greyhound Llnes,.__5
Southern Pacific Co_—.——No
11
102
conv
Southern
33% Feb
Jan
E
preferred
21
May
Dec
156
'3^900
21%
South Carolina
30% May 15
-88% Feb 20
31% July
24% Oct
Not
729%
158
3,400
7 >
102%
23
Jan
Dec
30%:
*155%
6 77 '
-733% :34%-;
39
♦38%
:
102%
27% Jun
14%
May
For
158
40
2,200
>5%:
34'/4
i
^
61/4
102%
•60% Jun
4
Jan
39% .30%:
;158
6%
•32%
*39
,v>
12400
21%
27
Feb
46% May
21% Jan
22%
'
15
I
Feb;11
20% Feb
143 %
7%
10
23%
;
157
7
6%
5%
>;7(
Solvay American Corp 4*% pfd.100
Amer qold ft Platinum.,—1
.43% May 24
Mar 17
4% May
I per thare
23
157
40
31%
30
160
5%
33
40
"32%
6%
1:200
r>
44%
*24%
8
MarlO
Lowest
32%
158%
5%
33
61/8
;
423/4
*87
16% Jan
Mar 23
Sep
16% May
.
30'
Np par
Co
5%
5%
32
*38% :f4o;7>;->:
40
443/4
22%
'5%%
70
,"36
5%
33 V*
6%
43%
.
-100
■
133/8
243/4
•5%
115
13
5%
32%
*39 V
6%
>
44%
6 Va
bvutn
7% Jun 24'
.
.36% Mar 17
-'Feb
81
\
23%
*
6'/8
43%
■
*13
3(800
''
14%
88
; 9
Feb
101%
1
S
.44
77%
873/4
24
tAUf
7%
>43%
13%
26%
•
21%
Jan
20%
114
44%
6
*13
14%
*24 Va
Jun
Not
81
43
13%
263/4
77%
143/4
38
:55
May
105
"♦13
3,800
38
'45
15
14% May
19% Jun
13%
271/4
14i/2
11,900
"
39%
78%
>*77%:
170
34%
40%
;.33%
38%
7
68
34
77 27
>•
38%
' 4
Jan
>12
27%
'
403/4
101i/2
eoro..20
cumulative preferred—.100
17
.»? 37
Deo
? 94
14%
341/4
393/4
*100
223/4
333/4
Feb
28% : Feb
Apr
23%
'26%
*75%
33%
500
8,600
33%
Jun
Jan
22
Dec
„
3,400
13'/4
223/4
Mar
>12% Mar 11
Deo
17% May
40%
24,000
7%
33%
•39
: 6%
22% Jan
>66
Jan
Nor
23%
26%
.78%
14%
No par
So»ron;v Vacuum Oil Co Inc
16
#•9% May 11
T%'
No?
83
>
34%
40
1,100
121/8
23%
•v52
v
101%
34
•
12%
131/4
*100
•
800
>
42
12
700
2,200
*7%
f
33%
3%%
"*3% "May
; 99
100
41%
v7'
7%
13
6%
Smith ft Corona Typewrlter..No par
35%
13% May
27
Nov
13%
100
!
7 J/2
Smith (A) ft Sons Carpet Co
17%-Dec
8
100
100
11%
7%.
60
^*22%
Deo
68%
12
llNo par
Co
May
'
>
413/4
11%
15
Slmonds Saw. ft Steel
Skelly -Oil
73
41%:7 7/ 41J/4
•13
—
*61/4
11%
13%
Oil
53
6%
17,200
18%
*52%
41
*13
Union
*1&%
V»7%
78%
Co..
*58%
191/a
7%
12%
40
25%
59%,.
11%
13
2432
533/4
41%
12%
110
1,800
87
6'A
14%
Pen
•••;',■>:•
250
15%
53 %
6%
(26%
(WA)
15%
■>".
11%
No par
.
1
14%
26
'7%
;
'900
49%
93
*86
>:»• >:> 40%
100%
♦75
87
6%
13%
26%
No par
:
15%
6%
♦77%
O)
15%
*58%
>
*14 y2
(Frank
Sinclair Oil
>6
6
49%
26,200
*92% "93
*18%
•
19%:
55 "•
78%
■14%
pref series A
conv
May
■■.-•'*
60
i 54%
3oy8
: 26%
Simmons
May 15
8
13% Mar
•
♦58%
'18%
34%
Corp of America.
j
Silver King Coalition Mine*—
7% May 18
v
53%
-
•
19%
54% V
xl9'/8
:
90
31% t 32%
*92%
25
=
6,700
: 9.000
93
86%
25%
34
r
Sheraton
5
'
>
19%
112
93
*92%
>v-,
88
25
59
58
'
*87
-
247/8
23
7%.
100
88
39
Mar
34%
•87
59
59
15%
93
:
*
24% '7
23%
7
93%
15%
15%
32%
♦49% >50 ;>£
93%
92%
39%
65
40%
89
:
50
93 %
-
•
35%
Shell
,40% Jun 15
7% Jan
33% Deo
>
15%
15%
> .7
93%
38%
$3.50
29% May
>
*15%
*49%
50%
94
*93
-
-34%
12-
6
14% May
37% May
■
Steel
Sheaffer
41
5%
>>
94%
•93%
*87
■'
50
93
50%
50%
94
b
>0
;
13% >. 14
31%
1
Apr 21
Apr
42
32
.Nopar
(A OJ
-
31
;
Corp
No par
Sharps A Dohme common—.No par
'
Apr
87%
30%
12%
15
•
30%
I
14
•
31
'
27% May
4
13%
common.
1
9
8% May
39
•111%
14%
11%
13% Jun
9
19%
112'%
41
8hattuck
Mar
19%
*111%
;
20
33,900
88%
13%
7%
Sharon
*88
19%
11%
2
Deo
;
%-;
112%
40%
Oas
88
12%
1
Shamrock Oil ft
89%-
3,100
,12%
12%
7
>V'> 19%
*111%
8
s
7
12%
*93
(;>:
13
30%
v
7
7
*88%
t::'' 12%.
19%
No par
27% Jun
•
.
*
6,700
126
100
111%
6%
.15% Jan
78
■
(-12%
>126
.*96%
19%
6%
11
,
'
■
*96%
7
3;500
47,600
45%
12%
»
Feb 25
12% Mar 18
21% Feb
v:. "
I v
preferred—
84.60
15
•
t 130
> 1
100 ">•
129
,
13
45
111%
19%
112
112
.
'
■;
19%
Servel Inc
2
11
Oct
33%
May
1
26% Feb
"30
Feb
Deo
"
(>
100
58
"14% >15%
■;
lV/e
19%
>7
■
45%"
129
\
57%
15%.
>-' 45%
■
12%
vv;,
:
'
>
58%
15%:; .7: 14%
45%
*96
7
58%
•7; 88 y4
K>. 19%
55%
Sears Roebuck & Co
,
•■;;
,
14%
126
v
"89%
*88'
90
*88%
i
12%
19%
s
,-t :
99%
13
58%
"45
■
■12%
54%
1
125
125
58%
14% ••-.: ,>:■'!
45 %
128
1
„
'!
100
12
—100
Seeger Refrigerator Co
Selberllng Rubber Co
16
44%
No par
of Del
Seagrare Oorp
8% May 15
14% Jun
1
104
Jan 31
26
40%
>
preferred series A
,13%
98
•>'
'
>>•'■■.•
No par
c
Seaooard Finance Co
/
Feb
30%
Apr
24% May
t
v
12% Jan
-9% Mar 16
101
eons
42% May 18
10% Apr 29
6% Mar 17
*
'
cum
(The)
Air Llae
Seaboard Oil Co
6
7% May 21
5
Oct
6% Deo
11
„
6%
7
19%
43%
pfd—100
common—6
14% >;■>:
128
:>"
•>■
eumuiative preferred—100
Seaboard
24
Dec
30% May
:
J35%
Apr 12
——No par
preferred
cum
15% Jun
6% May
•
63.40
•ccvlll Mfg Co 3.65%
Mar
17%
23
•s
.—
83% Apr > 7
13% Feb 11
*44
Feb 19
Feb
5 % preferred
Savage Arms Corp—-—
5
flchenley Distillers Corp——1—1.75
Scott Paper Co common
No par
61 > May 27
27
81% Fob
pfd 4.40% series ASafeway Stores common
35% May 21
:88V« Feb 13
13% Feb 13
Jan
24%
11% May
39% May
5
'
CLOSED
Paper Co common—-
1st
16
13%
44% ^45%7vi>
EXCHANGE
Ry. Co—100
preferred—*—100
5
—100
S
.'—100
60%
■t»
4
58%
58
57%
Southwestern
non-cum
St Regis
24
:
Louis
>9%
2
Jun
14% Jun
39% MarlO
.'■49%
Dec
Deo
21% Jan
113
5
92
St
16
91% May 20
10
23% Mar
Jan
Joaoph Load
16
•t L-San F Ry Co com t t c—No par
Preferred series A 5% vtc_—100
13% May 27
18
~8% Feb
108
90
40%
101": Jun
17% Mar 19
114% Mar
7% May
: Feb
79
26% July
108
•
STOCK
St
139% May 28
2
68"
e
98% July
*20
33% May
11
11
t
Oct
12
Jun
9
i 9
8y4 Feb
Deo
4% May
61% Jun
32% Feb
Jan
68%
J«n
40
39% Feb M
16%
5
61%
9
35
13
13
149...
'...•
42%
41%
61%
•62.
16%
*■I6V2
19%
,7 \>>>
19% >
8%
34
*123/4
8%
34%
13%'
■
42%
623/4
63%
'
16%
•7/
20%
34
•'
7
<
20
8'/a
7? 31%
*123/4
63
I
> 62%
22,400
9,000
.
7,100
63
621%
621%
400
163/4
16%
16%
16%
16%
7,200
20%
20
20
20
20
8%
8%
33
131/a
85/8
31%
>
32
131/e
131/a
8%
32%
7" *13
8%
.32%
13%" 7
600
6,100
400
200
Volume
167
Number 4711
THE
COMMERCIAL
NEW
Range for PrtTini
45
Bangs sins* Jan. 1"
Highest
Highest
Dec
f per thare
i
Feb
60%
8
Feb
14%
6% Aug
Feb
163/4
Jan
24%
Sep
16%
Feb
38
May
20
18
59%
Dec
Mar 16
10% May 15
47 % Jan
85
;
Feb
24
Feb
Jun
8
4% Jan
Feb
25%
19% Mar 16
Oct
19% Feb
Dee
108%
Feb
>
May
40 % May
10 % May
27%
Feb
M7
53%
Oct
29
J
13
32 % Jun
15 Va
2
104% Jun
7
105% Jun
Mar 17
..
44
Co
Products
$3.75
7
July
Tlmken
Jan
10% Feb
27
22%
Jan
12
21
22% Mar 11
Transcont'l Si
Not
15% Jan. 22
23% Apr 11
10% May 15
Transue
7%
Feb
Jun
5% Feb
•'
13% Jan
11
7
99
Dec
112%
Feb
12 %
Dec
15%
ftot
12% Mar 16
21%
Dec
38%
Jan
19
23
Jan
33
Feb
16
36 Va Jan
Jun
92
Jan
27
Trl-Continental
25% Mar 31
48
104
34% Aug
93
Dec
7
Dec
16
Feb
30
Not
61%
Feb
9% May
17 %
Oct
97% Mar
"
12
2
Jan
5% Mar
-
24
104% Jan
■\! 18% Jun
15% July
58 Va Feb
15%
25'/a May
9% Apr
45
Jan
••«
27% Feb
115
Jan
2
15
16% Jun
11
15
Mar
106
Jan
42% JUn
2
110
91%
Dec
106%
Sep
;91
Feb
9
98
85
Dec
104
Jun
"86
Jan
6
90
.20
Apr
27 A
Dec
21% Feb
11
Apr.
164%
Dec
Not
111
Feb
97%
May
Jan
19
Dec
31% Jan
192
22% Feb
10
Jun
9
Dec
110
41% Jun
Union
19% Apr
2
90 % Mar 22
United
12
19
22
22
United
United
Board
11% Mar 16
28%
Jun
35
Dec
27% Feb
26%
Jan
33%
Nov
29
8% Feb
83
Jan
,
Dec
2% Dec
4Va
Dec
46
:
Jan
5%
Dec
10%
Dec
95
55
11
Feb
Feb
26
Jan
19% Oct
16% Feb
9
43%
37 % Jan
21
May
Jan
$3
46% Jun
59% July
48
Feb
10
20
Dec
24% Jan
58% May 17
20% Feb
27
19% Feb
13% Mar 18
23%
Oct
16% Feb
27
Jan
89
Feb
20
*
Dec
106
12% May
86
20% Oct
15% Feb
92% Feb
11
170% Feb
6
107%
Dec
Jun
24 VA
9
May 15
113% Jun
179
9
Jun
2
U
S
*
Oct
A 17% Mar
10
Apr
v;,
46%
Oct
39% Feb
16
46%
73
Feb
49
Jan
13
39
Jan
25% Feb
14
Dec
23% May
92
Dec
40%
Dec
103% July
60 Va Feb
127%
Dec
165
38% May
67
87
6
11
125% Mar 19
51% July
Feb
Dec
80
Dee
67% Mar 17
Mar
129% Mar 16
23
Feb
8
J&n
8
8%
Dec
17% Feb
38
May 7
49% May 15
137% Jan
10
Jan
2
1
82% Jun 14
140% Jun
24
19% Jan,
8
4% Mar 16
8% Feb
Feb
109'/a Jun
12% May 26
S3
11
Jan
29
98 % Jun
9
5%
Dec
10%
Jan
x33%
Dec
52
Feb
30
Mar 13
34
Jan
21
May
4% May
22
Feb
16
Feb
20
Jun
17
16
20
11%
Dec
163%
Dec
56%
Dec
Feb
23%
Dec
13%
4
13
Mar 16
Dec
19
Feb
17
Mar
192
150
Feb
6
29%
<
3% Mar 17
Feb
91%
Feb
10% Mar
56
Feb
4
24
6% Jun
15
10% Jun
11
23% Jun
8
170
May 22
15% May 21
70
May 20
S
I per thare
.13% May
14%
f per thare
Peb
14% Peb 10
Dec
18%
Feb
12% Feb
13
21% Feb
16
20%
Jan
12% Jan
26%
2
39
Feb
Deo
84
Not
85%
'I
Not
35% May
85
Dec
6% May
69
May
14
Not
107%
Dec
94%
22
Feb
86
Feb
21
Jan
86
Feb
13
Not
37% Mar 10
104% May
10% Not
112
Not
16%
121
Oct
87% Feb
:
45
Feb
40
Jan
31
Oct
38
Feb
30
Dec
33%
Not
10
iu|
33%
Oct
14% Jan
6
Jan
7
35% Mar 30
30% Feb
10
32
10
75%
Feb
Apr
17%
Jan
14
36%
Feb
X30
xl7% May
7% May
10%
Dec
88 %
Dec
12
Dec
21
May
19%
Dec
July
24%
Jan
13%
Feb
19%
Feb
28% Feb
29
Apr
109
7
Jan
13 %
Dec
11
109
29%
100
Feb
18
A*
Dec
Dse
Apr
2.
7% Mar 10
93
Feb
34%
;
S
94
31%
57
Mar
50%
•
For
10%
10%
57%
57%
15%
15%
15%
♦35 Va
*99
70
103
300
7%
7%
7%
1,500
28%-
28
28'%
27%
27%
600
12%
,
11%
12%
*11%
11%
1,000
10%-
11
.
70%
11
11
11 Va
58%
58%
58%
59
58%
58'A
15%
-
1,400
15%
15%
15%
15%
15%
2,000
36%
37
36'A
36%
7,100
42 Va
30,900
37%
36%
37%
36%
37
42% A :
42
42%
42
42%
108%
107%
107%
♦107%
"
42
108%
99
*97
89
♦88%
89
.35%
'34%
189'%
187%
188
188
189%
103 ;
►103%
33%
42%
107'%
99
*88%
33%
108
*97
99
89
88
88
35
34
34%
19,600
192
189
190%
2,700
100
1,800
104%
102%
103%
100%
99%
100
40
40%
40'A
40%
40%
40'A
39%
40
29%
28%
28%
28%
29%
29%
29%
29 %
29%
108%
108%
108%
108%
108%
108
♦108
108%
♦108
35 Ve
20%
20%
14%
♦20%
21
'
*35%
4%
A 4%
4%
54%
v.;
54%
4% :<•
A
4%
*52%
3%
3%
3%
3%
46%
'46%
45%
46%
46%
46%
>7%
7%
7%
7%
7%
7%
79%
*77%
54%,
.
78
78
24 Va
25%
45'.r
30 3A
31%
30%
31%
A
100%
100'A
22%
108 'A
*176%
73
>28%
29%
A17% ••.•17%
50%
,'58
*56%
35%
*72
94
V
■
72
80
AA ;
81%
18%
10%
1
19
-
7% > 8 '
22
♦163%
A
A; >
12%
;
293/4
28 3A
29
17%
17%
173/4
9%
*8%
9%
100
50'A
50%
1,100
51%
51%
*563A
34%
933A
*92
:
47%
129%
"
*69%
'» A
:
' •A
132
400
53
53
3,000
*70
82
30,500
140
140
1,100
18%
71%
A; 18%
413/4
53/4
10 3/4
10%
99%
53/4
♦95
5%
30%
*30
18'3A
19%
*19
.19%
8 Va
7%
223A
*163
223A
165
12%
12%
12%
12%
65%
65%
64%
5,200
300
19%
300
8%
22%
22 3A
164 V2
:
.AV
100
5%
734
64%
1,600
31%.
*18%
Av
130
200
11
99
*30
8%
22%
2,200
53/4
53A
313A
300
42
*5%
10 3/4
166
10,600
A A 81
73/4
•163
2,700
i
*131
42
*95
•
71%
18%
6
■V
82%
22%
;
34%
473A
140%
7%' '■•■•
653/a
58
933A
46 3A
*6%
98%
19%
♦92
53
42
53A
900
6,100
,
42
10%
30%
,
34%
933/4
18%
98%
.
81%
140
5% > 53A
H
34%
131%
523A
140
♦563A
47%
131%
72
82
51%
58
463/4
53
10%
:
51%
58
34%
♦403A
■19%
66%
1,900
*8%
22%
♦163
166
»
12%
12%
67
6%
173/4
140
223/a
13
*66%
2,600
*283/4
5%
7%
22%
167
20
CO CO L-A
9%
18%
32
19%
2,500
72
38
17%
5% > i'.
•
♦30
*70%
29
80%
99
53/4
•
•
31%
13%
6%
*69%
S
103/4
*95
53/4
6 5/8
129%
r
42
'•••
*5%
6%
X53
;
18%
>"
65/a
*92
A
72
*40 3A
5%
72
39%
34
•80%
18%
72
38 3A
1,100
179
13 Va
74%
46%
52%
-•
*176%
13%
900
1101
393/4
♦56%
140%
10% A,
98%
31%
19
72
42
*5%
10%
*95
■'
;:>•
79 Va
183/4
♦40%
; a
-A
♦139%
•
140%
179
480
...
17%
1303/4;,
52%
110
22%
*8 Va
463/4 V;
129%
523/4
22
283/4
933A
46
3,200
100%, IOOV4
63/8
35%
*92%
47%
2,400
9,600
30% / 30%
22%
13 Va
13%
22 Va
19
393A
581/4
34
133
•71%
1
A;
-
501/4
51%
inft
13Va
•;
39% .'•39%
6%
6%A A'
50
par
com
preferred
179
40
18%
•409%
♦176%
13%
1,000
22
-
100
22%.
;
*109
13%
/>
100
,
22%
109
73
•
100
22%
*108
179
*176%
/
100
v.
109
9%
100
Inc
22%.
*8%
139%
8%
15,700
303/a
6%
46%
_1
53%
30%
9
■ ' •:
52%
19
75
*92%
:
44%
22 Ve
40
*130%
■
44%
54%
13%
35%
•
44%
22
179
*56%
1
44%
3,100
1,500
18%
50
25
27
53%
17%
..No par
26 Va
18%
29%
No par
26%
22
9
50
79 Va
54%
17%
80
79 Va
18%
29%
1
2,700
79%
21%
13%
lo
77,000
7%
53%
100% 100%
*22
22%
20
3%
46%
7%
18%
>'
31%
*73
120
3%
21%
18%
*176%
17,000
46 Va
18%
22
>110
200
4%
53 A
8
45
21%
■■■>■ 30%
35Va
4%
*52%
3%
44%
18%
10
8teel Corp
Universal Laboratories Inc
Universal Leaf Tobacco com.No
45%
35 Va
1,000
2,700
26%
26
•78
600
13%
46%
46
54'/a
39%
Corp..
25%
3%
21 Va
34
34
4%
X53%,
21%
55 Va
V.6%
preferred...
25%
45
45%
79
24%
*
21Va
*13%
53
110% V
V
54%
*
53%
79
No par
No par
com
600
*7%
1
com
17,200
4%
53%
3%
1
Foundry
15
80
35%
'
4%
14%
80
21
54%
900
15%
21
A/3%
900
9,700
80
*78%
1
No par
''lass A_
preferred
Universal Pictures Co
20%
15%
•80%/.-
100
13%
no
33%
35%
>
260
189%
V
35%
3
1,500
108
99
88 Va
34%
41%'
107%
*97
40%
164%
,;•
5.200
1,300
20
12%
12 V2 '
64%
64%
•:'
5,300
60
'
> STOCKS
LOW AND HIGH
STOCK
Saturday
EXCHANGE
f per there
Nov
60% Apr
$
Mar 15
Feb
100% Apr
11
29
X18% Mar 17
8% Feb
11
10% Feb
10
25% Feb
5
10
Jan
20 % Jan
5
23%
Feb
17% Feb
16
page
24,
4
24
96% Apr
23
13% Jun
123
Jun
9
9
18% May 15
117% Jun 14
23
Jun
2
38% May 11
34% May 3
39 % Apr 26
5
27
see
May 28
Jun
13
10% Mar 12
36%
94
95
48 V8 Jun
32% Jan
X83% Mar 12
Feb
15% May 21
29 Va Jan
6
32% Jan
Feb
18%
24% May 21
15% May 17
26% May 21
19
106% Mar
footnotes
11
58
.
1
conv
NEW YORK
Apr 15
20% Feb
17% May
1,000
104
MtsAay
June 19
Fax
.
I per there
SALE PRICES
Tuesday
June 21
Wednesday
June 22
I per there
;
June 23
»
< per there
\
.
Thursday
Friday
I per there
Sales fat
June 25
June 24
*
I per shard
-
the Week
I per there
Shares
V
V 22
12% May
_
26
>12%
;
•97
5
common
Stockyards
iVe%
36 %
37
103
7%
A
♦35
Unlversal-Cvclops
Lowest
f per thare
11%
88%
No par
Co
non-cum
Rang* sines Jan. 1
Highest
Highest
26
11%
108
_
"
Year 1947
26
11%
28%
United Stores $4.20 non-c 2d
pfd__5
$6 conv preferrod
No par
United Wall Paper Inc common__.2
4% cum conv
preferred.....
50
Range for Previous
Lowest
24%
7%
8
Corp common
preferred
1%
14,200
35%
Coal Cos...
Tobacco Co
United
7,900
21%
*35%
*99
99
99
100
S Steel
S
18%
20%
*34%
preferred
1%
U
18%
20%
13%
....
U 8 Smelting Ref & Mln
U
7
II,700
18%
36%
99
7
34%
cum prd series A______100
Rubber Co common
_.lo
non-cum 1st preferred
100
7%
99
*6%
500
9%
104
34%
Playing Card Cs
Plywood Corp common
S
8%
Apr 21
*35%
99
7
188 >
3%%
U
36%
100
9%
20%
18%
20%
88%
1st
Pipe Si
U S
U
18 Va
20%
'
20
103%
13%
:
U 6 Lines f Co common
4 Va %
preferred
13
42% May 20
6% May 21
Oct
12%
Jan
96'
37% May 21
18 Va
20%
par
S
10
33%
preferred.:
4 % %
U
17%
108
preferred.
No par
U S Freight Co
......No par
U 6 Gypsum Co cotomon.'-'i—20
j;
7% preferred
100
U S Hoffman Machine
Corp
S
84
72
150
Feb
9
58% Jun
Dec
A
57% Jun
7
Nov
48%
May 21
8
133
Dec
2
9% May 20
?■: 53
66 V* Jan
*17%
38
Jan
:
41% Jan
81
61% May
Feb
38% Feb
Feb
21%
9
7% Mar 30
9%
3,300
103%
13%
Leather
24%
9%
104
20 %
*97
preferred
100
Industrial Chcmicals___.No
Dec
9%
*103
42%
No par
Foreign Securities
■/> Partic Si
9%
103%
37%
v
S
9%
103%
17%
33
U S
Jan
9%
104
13%
U
May
*19%
33
7
9%
19%
*19
13%
9
16%
19%
20
33%
Jan
fi
12,300
*19
13%
8% Jan
Jan
4,400
13%
20
20
33
42%
36
12%
13%
14
4
24
12%
13%
33%
Jun
Mar 16
12%
13%
33%
17% May 14
35
i
•;
__
5% Mar 15
51%
12%
*13%
76
33% Feb
51%
12%
13%
10
9
26
51%
52
No par
Corp
7
Oct
50%
5,700
12%
15
11% Mar
Feb
22'A
80
69 3,s May
Nov
22
15%
Jan
9%
460
22%
80%
Feb
63%
26,500
104
22%
14%
94
39%
30%
30
103%
300
22%
80%
33%
Dec
140
2,000
25%
*105%
15%
Dec
Jan
30%
103%
79%
71%
5% May
51
* 22
-!
30%
103%
14%
Dec
37
22 Va
>
♦105%
..
79%
13%
25%
21%
Li-
> 20%
Engineering Si Foundry
Si
30%
103%
*105%
♦23%
13 Va
11
10
Dyewcod Corp common
$4.50
30%
103%
r
100
United Gas Improvement Co
United Merch & Mfrs Inc com
32% May 15
101
11
Feb
196% Mar
May4;
May 24
21% May 26
f
31 Va
104
24%
24%
,
2,100
3
52
40
common
United Fruit Co..
,
30%
►103%
577/a
8
preferred
Carton
preferred
United
23
15% May
Si
United Electric
11
Jan
24%
No par
convertible
1%
3
44%
12% May
Inc
Corp common
preference
United
22
♦24
15%
Clg-Whelan Stores com__30c
$3.50
3
25
*23%
11%
106
United
May 27
82% Apr
28% Jun
13
33
United
5
May 15
47% May 20
61% Mar 17
11% May
Jan
■;t>3%
13
7 4%
Feb
65%
Lines
cumulative
United Carbon
4% May 15
3%
13 Va
103
preferred
Unitcd-Carr Fastener Corp
May 10
40
2
17
93%
'
51%
12%
100
35% May 21
8
2% Feb
53% Mar
Air
10'A
55 %
93
3
6%
No par
35% Jun
5
Mar
3A
convertible
4 Va %
29
15% Jan
20
Feb
Jan
*9%
55%
93%
3Va
*35%
1
No par
Biscuit Co
;
10
55%
3
54%
12%
No par
77 % Jan
Jan
*9%
55
3
24 Va
S
Car
Apr
.24% NOT
120%
8ej>
5%
10%
54%
20%
No par
Aircraft Corp common
8
Dec
171
Tank
United
14% Jun
18 Va
Dec
I
...
prsfsrred
Apr
75
91
non-cum
6
28%
60
2
30% May 19
110% Jun
3
*9%
54%
35%
1
series
105% Jan
Dec
41
$3.50
Sep
15%
3%
4%
10
VA
22'A
13
100
$0
Union Oil of California
J...2I
Union Pacific RR Co common
100
24
1,800
20%
par
Preferred
16
105% Jun
26
25%
24
22%
35%
$1 Carbon new.No par
Un El Co of Mo pfd $4.50 ser_.No
par
Preferred $3.70 strie$_____No
7
Jan
35 V2 Jun
96% Mar 18
38% Feb
16% May
102
152
Jun
i.
22%
12%
17%
Union Carbide
8
I,700
22%
3
51%
*103%
No par
Union Asbestos Si Rubber Co
Union Bag Si Paper
9
Jun
22 Va
U
Ddyllte Corp (The)
Underwood Corp
'39% May 20
40% May L7
30
Twin
11
♦93
9%
com..No par
prior preferred.
Coaeb Co—
♦10%
14 %
1
conv
11
93%
22%
*19%
No par
*
11
12
No par
.
10%
12%
I
No pax
prior preferred
No par
City Rap Transit com—No par
6%
I
59% Jun
Inc
100
10%
22
►105%
51
I
^.1
10%
*93
31%
2,200
43
93
104
22
No par
preferred
SW:
12 '
30
Mar 16
30%
•hares
9
*42 Ve
*9%
24%
104
$4.50
Twin
21
14 % Jan
9% Mar 10
37% Oct
Dec
120
11
32% Jan
conv
lo
common
Century Fox Film
$1.50
'
Dee
43% May
9% May
105
20th
8% May 27
17
Corp
$6 preferred
j.
Truax-Traer Corp
5
100% Jun
4
Jun
9% Mar 16
-
27
24
24 Va
9
42
54
3 Ve
par
9%
42
93
par
the Week
42 t
54%
Akle.__.J__—*.—■;
Air
9
94
Wo par
Steel
9
•ales far
f per there
42
10%
21%
►105
Western
:
Friday
June 25
June 24
< per there
22%
11
10 V.
8%
43
22%
*9%
Thursday
I per there
9
42
10%
194$.
Si Williams
8%
45
10Q
_>—
$ per there
9%
No par
—...
Bearing.
ITransamerica Corp..
20%
May
5% May
com
PRICE*
June 23
22%
CLOSED
SALE
/Wednesday
EXCHANGE
ll
Roller
14
:
1
Detroit
13% May
;
R)_.w
preferred
Called
Tlmken
$ perthare
*43
HIGH
June 22
STOCK
1
Tide Water Associated Oil esn&
10
f per there
AND
Tuesday
June 21
60
_
.
preferred—!
June 19
9Ve
Cokp_.No par
(The)
(J
41*
23% May 27
55''' May 21
Mar 16
Transit
Thompson
15
95% Jan
Avenue
Thompsen-fltarrett Co com..No
$3.50 cum preferred
No
May 15
105% Jun
~15%
■euday
(2807)
RECORD
1
pteferred—i
conv
Thompson
6
rer
.
common—;
Thomas Steel
'59% May 26
95% Jun 16
:
Co
diV
Third
9
'
39%
12%
19
10% Jan
6
1% Mar 11
Thermoid
9
.
J13% Apr
Apr 30
8% May 10
39% Feb 11
1
Jan
7%
'
19
Mar
106
May
May
May
84
*
t per thafe
40% May U
7% Feb 19
Oct
10
85
>■ 3%
STOCK
LOW
YOKK STOCK
KXCRANOK
.r.
13%
CHRONICLE
Saturday
KIT?
"
Lowest
I perthare
9% May
FINANCIAL
STOCKS
Y«ar1947
Lowest
f per thare
YORK
&
66
Jan
▼anaditnsCofpofAtnsrica..No
Van
Norman
Van
Raalte
Co
Co
new
Vertlentes-Camaguey
dlv
Virginia
partic
Elec
&
preferred
Pwr
Co
$5 preferred
Va Iron Coal Si Coke 4%
Vulcan Detinnlng Co
7ffr
cumulative
3
Wabash
8
Walgreen
Jun
2
Jun
2
14
May 22
32. Jan
2
34% May 14
26
May 13
20% May 28
RR
Co
4%%
13%
14
22%
14
A
223/4
223/4
14
22 3/4
22
26
"'
26
•
13%
"
13%
'
23
23
23%
23%
23
14
14
14
25%'
25%
25%
25%
700
14%
14%
14'A
14V8
14%
12,700
,
23%
23 3/8
24
23%
*92%
95
*92%
96
♦92%
96
*92 Ve
96
*92%
96
♦92%
96
♦92%
95
*92%
95
47%
945/e
94 Va
*92%
12 Ve
13
*117%
AA
120
16%
12%
121
-A
17%
*116
AA.
-
AA
116%
22
22%
.
116
> VA
47%
47%
943A
*92 Va
94%
200
12%
12%
12 Va
12%
7,600
120 Va
300
15,500
119
120
17%
116
A
37% A
323/4 ; ;
32%
37%
...
17%
*35%
'
37
*30
48%
♦92%
12%
16%
120%
*119
30%
30%
31
*213/4
22%
*35%
37%
323A
333/8
37%
37;
*29%
♦30
;3i
•'
17
37%
'
t
16%
17 Va
115%
115%
115%
*213/4
223A
21%
21%
190
♦36
*36 Va
37'A
300
33 Vs
37%
33'A
32%
32%
2,400
37
37
700
*
30 3A
*29%
30%
32
*30%
32
*63%
♦633A
550
36'A
*29%
*30%
64
31
303/4
31
*29%
1,100
1153/4
116
'
32%
*29%
473A
943/4
12%
17
22Va
32%
'
473/4
*92%
♦117%
116
2,200
47%
♦21%
36
37
47%
94% A
12%
121
16%
35%
■:>>
500
24
95
96
.
48%
'c'A'„
1,100
14
26
"
"
64 %
36
10
JlSlg
common
preferred
Walker (Hiram) G Si WWalworth Co
!
Ward Baking Co common
5%% preferred.
,
Bros
13%
22%
14
*47%
5
20
26
>
*92 Va
25
20
♦21%
14 Va
*93
A
10
25
22%
26
12%
22%
,
100
prsfsrred
4%
Warner
:
5
pfd__.-25
common
Waldorf System
4
16
com
prsfsrred
w
22%
*13%
*25%
CLOSED A.A;
IOO
10o_
100
Virginian Ry Co common
6%
preferred...
Visklng Corp (The)
15% Jan
101
com
preferred._.100
Va-Carollna Chemical com
No par
6Ve
STOCK
IXCHANGiE
2.50
Ry
5% non-cum preferred
Victor Chemical Works
common
3%% cumulative
35% Jun
104
Jun
27% May 21
13% May 24
10
Sugar Co..6%
Vick Chemical Co
Vicks Shreve Si Pacific
Itf ■ #
14
pa*
2.50
Inc
Pictures
10d
63%
63 Va
No par
14%
114 %
♦14%
15
No par
14%
34
34%
33%
34
*33%
*63
-v-.
100
103
103
103 Va
.No par
No par
24
24
24 Ve
1
15
—.100
3
Warren Foundry & Pipe
No par
Warren Petroleum Corp new
eom__3
Washington Gas Light Co
No par
Waukesha Motor Co
5
12%
99
.12%.
•>
64
103%
64%
1013/4
14%
1434
143/4
34
33%
34
102%
1013/4
1013/4
14%
600
34'A
1,300
♦101%
103
24%
25
25%
12%
xl2Va
123/a
12
123/8
12 Va
12%
15
15 Va
15 3A
15
151/4
14%
14%
98'%
99%
98
98%
98
99
200
2534
12%
:
300
14%
♦33 %
14%
'
15%
99
64
98
10%
11
10%
28
28
*27%
98
■
25%
25%
253/4
10%
103A
11 Va
11
11%
11 Va
11%
29
28%
28%
28%
28%
28
28
30 Vo
31%
29%
30%
30 Va
30%
30
30 V2
*25%
25%
25%
253/4
253/4
26
26
*20
20 >/a
•19%
25%
20%
20%
*20
*20
'
20%
3,100
5,700
,
2,700
460
23,200
600
30
30 Ve
*26
26%
500
19%
100
19%
8,000
2?
' W •WW >#**>1
U"1«fU
24
tAfTWiUttW11
"
''
COMMERCIAL
THE
(2808)
YORK
NEW
Lowest
Hlgheet
8 per thart
I per thart
SO
8«p
26%
SO
Dee
41
17
Feb
8 per
24* Jun
thart
'V'
30* Jan
25
Wayne
2
Jan
o
Feo
10
82%
Not
39
Feb
11
62
Jun
25
90
Feb
80* Feb
13
86* Jan
2
34*
Jan
Dec
117* Mar
No?
121*
106*
104* Mar 16
25
108* Jan
Jun
1%
Jun
23
107
Jun
18
Oct
100* Feb 23
10*
Jan
6% Jan
76*
Jan
34% Feb
9*
110* Jun
2
38* May
4*16
46* May 20
Western
Auto
15* Jun 25
36
May 6
Western
28* Feb
11
36* May 21
90
Feb
Mar
72% Jan
6
Mar
64
416
May
26%
Sep
18% Feb
11
27* May
38*
Oct
32% Feb
13
31
Deo
25* Feb
33 * Jun
85* Feb
11
95% Apr
23
91* Feb
11
101* Jun
11
29* Peb
16
40% Jun
9
30
Not
88
Jan
60%
62
83*
03%
83*
83%
240
20%
21%
21
21*
21
21%
3,600
17%
18 Yb
17%
18
18
18%
18%
18%
18%
19*
30,800
11
119
•107%
110
110
•118
119
•118
119
118
118*
109
•107*
109
107*
107*
107
107
120
111%
112*
111*
111*
111*
112
130
105
105
•104*
105*
107%
108*
112*
112*
112
112
107
105*
106*
•106*
,
19
19
19%
3,400
50*
*50
50%
1,200
41*
8*
108%
108*
108%
*107
108*
350
8%
8%
8%
8%
1,700
42*
42%
42*
8*
41*
41*
*
8%
42%
:
109
109
109%
/ ■;
13%
13*
31
32
35*
May 19
14
8%
15*
31,800
34
35*
35*
1,700
14*
32
*34
72*
•31%
42*
14*
33%
14
14*
33
34*
13%
33
13%
32 Vi
13%
32
*70
34%
33%
34
*69*
72*
*69*
72
70*
70*
22*
22%
21%
22*
22
22%
22*
38
38%
37 Va
35*
37%
38*
37%
42*
23
38*
RR
aerlee
No par
com
A
No per
Westlnghouse Air Brake
Westlnghouse Electric com
3*16 cum pfd series A
3.8016 cum pfd series B
Weston
♦f"-.
12*
100
100
30*
w.
-
;
*38
100
;
i
38
39
-
30%
100
•v.
31%
>30
*30'
39
38
6.200
31
,•
30.000
93
92
<
100
11.100
;*98%
"
C
39
-
330
6oo
100
♦38*
99*
2,000
72*
22%
..37%
92
>*■
99*
2,400
35*
22%
92
92*
ioo
38
,
•70
31%
30*
92*
92*
99%
39
-.
,
30%
29%
92
' *•
93
100*
100*
39
*
31*
>93
'■*-
12.80
Instrument
Elec
34
120
105
18%
so
42*
49*
49'/a it
18*
18*
49*
49*
8%
17%
50%
49*
108%
18*
8*
•104
70
18*
18
•109
110
40
111
*110%
110
119*
119
•(.
4,700
110*
•109
110%
57
100
Pacific
Preferred
9
109
Aug
106% July
Dee
Dee
Co
non-cum
Western
39% Jun
88
61%
83%
21
Western Union Teleg class A_No par
15
26
22* May
60*
•82*
20%
10
100
100
Maryland Ry com
2nd pfd
42*
94*
Supply
14
Dee
60%
83*
21*
1
7% Mar 17
Deo
56*
82*
20%
100
Western Air Lines Inc
10* May 18
2-100
56
com—No par
preferred
1.700
X*'
6
55*
•
Weat Va Pulp ic Paper
14
6
300
24%
•5%
24%
6
83 ye
119
Coke
U
22* Mar 12
61
17
Coal
Va
24*
6
24%
55 *
CLOSED
•109
preferred series B
4.20%
West
25
18%
5%
gharet
18%
18%
5%
5%
5%
*5*
*18*
18%
83
EXCHANGE
.—100
100
100
100
pfd
Deo
28*
STOCK
"
Bales far
the Week
9 per thart
8 per thart
•18*
25
No par
liu-
32% Dec
May
9% May
25
(The) —No par
Co
Elec
preferred
preferred
6%
18% May 18
51% Jun 15
16* Apr 20
38% Feb 14
Jan
25*
8
Weat Penn Power 4*36
9
47
Penn
Claee A
23
113
8% May
4
!
4
11
113
32* May
Deo
100
25*
—No per
1
conv
West
22
105* Feb
105
18*
'
*113* Apr 15
103% Mar 29
Jaa
112% Jan
116* Aug
Dec
19* Jun
114
Jun
119* Jun
13
13* Feb
10i
112*
18*
1
Inc
preferred
West Indies Sugar Corp
26% May 21
3
19* Mar
18*
i
June 24
24%
18*
Wesson Oil & Snowdr com—No par
$4
9 per thart
I per thart
Friday
June 25
Tharsiay
June 23
I perthart
6
i
Webster Tobacco
6% May 24
12%
Jan
HIGH SALE PRICES
Wednesday
Tuesday
June 22
June 21
9 par thart
r**
Wayne Pump Co
Dee
AND
LOW
■
2
•%
103% Dee
Monday
Jane 19
Knitting Mill a
21* Jan
Mar 16
37*
21* May
RECORD
fatwrday
stock
york
exchange
Hlgheet
f per thart
Feb
83% Mag
STOCK
*
new
Range finee Jan. 1
Year 1947
Monday, June 28, 1948
CHRONICLE
FINANCIAL
STOCKS
Range for Previews
Lowest
&
%
300
Westvaco Chlorine Prod—
;
26
43*
May
82*
34* Feb
7
57* Jun
16
Common
No pet
46
49
65
Jan
5
98* Jun
14
83.75
No per
97*
97%
80
Dec
102* July
Deo
Jan
9
Jun
11
preferred
47
48*
48*
50*
49*
97%
97
97*
96%
48%
96%
.
48%
3,600
96%
49*
97*
cv
97
1,860
"
76
62* Mar
31
Deo
63*
May
90
Deo
34
29%
Peb
9* May
17%
Feb
21*
90
6
27* Feb 26
30
Feb
6% Mar 17
Feb
Oct
51
12% Feb
99
Jan
81* Mar 29
20
Not
13
Mar 30
19
Nov
15
Feb
149* May
128
88 * Jan
Jen
19
18
Jun
Jan
Wisconsin
10
*138
13
Dee
39
Deo
28
Feb
Feb
43* Feb
616
El
7»
Deo
ta
Deo
100
Feb
81
Feb
16
•j
Dee
00
Feb
98
Jan
5
ea
Nov
70* Mar
•
04*
74% May
Apr
Woodward
Iron
60* Mar 19
94
•<
Oo
11%
Feb
S3* Aug
10* May
48
Jan
16% Feb
37%
60* Mar
38* Mar 13
43
14* May
53% May
23%
Oct
15% Feb
21
22% Jun
9
83
Oct
86% Jun
14
15
May
21%
65* Feb 27
14* Mar 16
14% May
5% Jun
10%
May
Dee
•Bid
and
29
asked
9
11% Jun
21
27* Feb
21
34% Jen
2
10% Feb
27
8
Feb
July
Mar
19% Feb
Jan
prices;
no
on
Corn
*86%
15%
17*
-
♦128
134
#j;'1
-i.
Week Ended June 25, 1948
Saturday
Monday
Tuesday
Radio
Products
fin receivership.
——
1,753,850
1,762,030
"
36
36%
36
36*
48
46%
.48
48%
9,400
23%
22%
23 va
22%
23*
22%
23%
22% xv;
5,500
77*
v- 76%
76*
*76
91
:-t: *88*
90*
•89*
75
*72*
75
•73
75
66*
*65%
67
11*
66*
11
31%
May
r
4,768,000
21
84*
20*
20*
V 20%
20%
21
21
82
83 %
83 Va
84%
85
18%
18
18 '/a
.18*
18%
29*
29*
29*
5*
5%
5*
10.
7,630,880
$22,627,000
sale,
30%
14*
2.300
2,300
200
♦44*:. 45*
,21*
2,200
85
9,200
18%
18%
2,500
29%
29*
29*
2,600
5%
5*
5%
4,200
21
i
84
-
wd When
„
distributed,
x
Ex-dlvldend.
Exchange
5,100,500
4,455,000
/•V
1948
' $60,000
$279,000
1,000
223,000
372,000
45,000
1,000
182,000
15,000
10,000
207,000
302,770
—.
217,000
205,000
7,000
3,000
215,000
$1,190,000
$132,000
$20,000
$1,342,000
2,091,385
1V:
5,000
1947
1948
Stocks—No, of shares
>
418 000
Jan. 1 to June 25
Week Ended June 25
124,702,786
Total
$5,000
449,705
-
Total
$24,116,600
Foreign
Corporata
Foreign
Exchange Closed
$214,000
Jan. 1 to June 25
165,295,992
Bonds (Par Value)
Government
Domestic
496,965
Tuesday
Wednesday
Thursday
Prlday
;
1947
7,500
369,915
5,123,600
4,335,610
*-;.-'
472,030
4,848 500
$12,000
.
45%
Sales,
—
~~2~000
$1,477,600
1948
14%
*44*
*18%-•.49'*?
s Special
Share)
Saturday
Monday
$4,589,000
—
7,630,880
14*
-
of
Week Ended June 25,1948
1948
1947
1947
$1,652,000
174,000
39,563,902
$28,823,000
1,251,315
132,000
41,475,076
$34,780,000
5,139,000
3,209,000
1,132,000
2,091,385
$1,190,000
Bonds
272,000
$35,094,000
$38,261,000
Bonds
U. S. Government
$12,000
$233,000
$442,500
1,4~7V,600
1,393" 9 00
47,212,180
37,073 400
22,627,000
17,903,900
531,443,100
473,810,000
$24,116,600
$19,520,800
$582,289,780
$512,496,900
.1
International Bank
,$1,613,500
Domestic
3,192,000
Foreign
Railroad & Industrial
Total
5*
31%
(Number
—
Week Ended June 25
Blocks—No. of shares.
29
delivery.; r Cash
Deferred
a
ii
14*
85%
5*
1,000
30
45*
28%
67
31
14%
•44*
5%
66
Stocks
I
'
30%
31%
-14*
v
30
vv-v 20
;
Daily, Weekly and Yearly
•
318,000
11*
14*
$10,000
'332,500
11
Transactions at the New York Curb
Sales
4,137,000
11*
45
5*
paid
v
■
31%
28%
180
75
',11
66
14%
1
200
88
*72
88
44*
JWepe*
Bonds
1,151,690
2,100
76
75*
75 V
18
Bonds
270,500
76
82%
dividend
22%
89
*73
*65%
:
14%
•
Bond
298,600
%
46
*45*
?:pv 20%
Government
4,825,000
:
'
11*
32
32
liquidating
66*
■
11%
•V--
Corp.
75%
89
90*
75
.
76*
90
Bank
4,576,000
.
j
36*
Total
1,555,600
4,800
134
49%
14*
$40
$258,000
1,407,710
.
*128
134
48%
United States
$4,321,000
600
16%
17% /17%
*16
17%
*128
36%
No par
f
,,.
Corp—
11 Ex
Exchange Closed
:
36*
Bonds
Bondt
:
49
Foreign
and Mitcel.
134
16%
17%
17%
♦128
700
9,800
87
*86*
87-,'-
♦16
16*
17%
17%
*86*
:
116%
16
•
18,400
63
*61*
i
36*
Int'l
Railroad
Number of
Shares
15%
16*
100
10,300
11%
11
62
16*
310
v
17%
17*
11%
62
87
•86*
16
134
"v li*
11%'
•'
16%
15%
87
31
64
♦62
?
106
♦30
17%
48%
J(o par
Young Spring & Wire
Youngatown Sheet * Tube
No par
Youngstown steal Dear
.—He par
SealtR
———
Wednesday
Thursday
Friday
Total
Stoclct,
10%
10%
64*
15%. v
•105
31
17%
36%
Daily, Weekly and Yearly
"
18%
105
*30
30 •
17%
49*
Transactions at the New York Stock Exchange
v
5
21*
10
Mfg Oe.
Zonlte
day.
15*
7,200
21*
,
preferred
17
this
10*
*63
17%
*28
common
cum
6% May 19
30% Jun
64*
100
2,200
22%
105
105
30
18%
18
19%
105
31
*30
190
26%
No par
* Towns
4*16
May 25
xl9% May 27
11
sales
Tale
York
16* May 24
5% Mar 16
31
18*
100
18
(new)
Wrigley (Wm) Jr (Del)
Wyandotte Worsted "t
13
105-105
105
8,100
87*
*26
22%
105
Prior pfd 4*16 series
108
Prior pfd 4*16 conv series—leg
Wright Aeronautical
No par
4
May 17
67* Jan
21
oommon—10
Common
84* May 21
V
22*
20%
11%
(F W) Co
81* Feb
5
22%
20%
16
do
Woolworth
14
25% May 15
14
22%
20%
15%
Worthlngton P & M (Del)—
20* Apr
22*
20
_
37* May 27
11
22*
•30
55*
>
85%
,
22*
22%
21*
89
Fwr
26%
22%
;
54
87*
*26
20*
64
preferred
■>
113
♦108
;
55*
87
26%
55*
87*
♦26
26%
54*
87*
53%
88
•25
;
113
108*
113
23
com
49% Jun
9
63
26
preferred
Wilson-Jones Co
8
10
54
87%
88
26
Meters
pfd series
conv
84.28
21
Mar 19
May
42
84.50
Wilson & Co Inc
17% May 17
:
87%
►108*
110
52
52% ;. 55*
I
Co
►108*
114
Willys-Overland
May 27
12
11
preference
Oil
►109
1
Neper
20
com
preference—...
conv
Wilcox
65% May 15
9
Mar
Machine
Sewing
Prior
23
Jun
19% Jun 21
11
Feb
$4
May 16
107
Feb
9
White
22% Jun
Feb
Oct
Dee
Ocl
24% May 26
17
11
27
17
Jun
15*
Feb
9% Feb
19
64%
Sep
18
7
Deo
13*
•% May
136
5
34
July
29* May
8* May
10% May
M* Dee
Jan
27% Jan
Wheeling ft L Erie Ry com
100
Wheeling Steel Corp com
No par
85 conv prior pref
No par
White Dental Mfg (The 8 8)
20
White Motor Co
1
24
92
20
12*
90
84
•1*
55* Jun
Mar 18
Feb
37
Feb
19* May
Mar 16
83
23
Oct
101% Mar
26* May
111
•'
.
H.
1;.
Foreign government
Total.
1.
$1,342,000
Jj
<w
Stock and Bond
i."'
-.20,000
Foreign corporate
Averages
y.;f
>.!"<
'
> •»
K
,
Below
listed
>
v*/j*'-
on
are
the daily closing averages of • representative
the New York Stock
v(;
Exchange
' j '■■■
■'
•
Stocke
■
-.x:t•?'>,*•
30
i
IndusDate—
June
19__
trials
i
1
-
-..
...
20
'i-
18
Rail-
Utll-
roads
ties
Exchange Closed
I
stocks and bonds
compiled by Dow, Jones & Co.
as
.
-
.....
Bonds
.
10
■
i Total
First
10
89
-
—
Total
Becond
IB
Utill-
40
ties
Bonds
103.00
100.74
102.89
100.61
Indus-'
Grade
Grade
trials
Stocks
■
10
Ralls
Ralls
Exchange Closed
——
June
21
189.71
60.56
35.62
>70.04
101.54
105.81
92.60
June
22
189.66
61.76
35.70
70.44
101.35
105.71
92.48
June
23
190.73
€2.72
36.00
71.05
101.20
105.44
92.60
102.94
100.55
24——l—Vr-
190.87
62.90
35.94
-71.12
101.13
105.34
92.68
102.83
100.50
25_'————,
190.00
62.82
35.81
-70.88'
105.26
92.61
102.54
100.39
June
June
'
'101.16
"
"
$1,826,000
,
TITO
Number 4711
Volume 167
COMMERCIAL & FINANCIAL CHRONICLE
(2809)
25
•i£
Bond Record
New York Stock
«o>
FRIDAY
NOTICE—Prices
"and Interest"—except for Income and defaulted
are
WEEKLY
-
Exchange
YEARLY
-
bond*.
Cash and deferred delivery sale* are disregarded In the week's range, tuilees they are the only transactions at
footnote in the week in which they occur.
No account is taken of such sales in computing the range for the year. >
the week, and when outside of the regular weekly range are shown in a
The italic letters in the column headed "Interest Period" indicate in each case
the month when the bonds mature.
Figures after decimal point represent
cne
or
ltd ef
aero
point.'
a
LOW AND HIGH
GOVERNMENT BONDS.
Range for Previous
Tear 1947
Highest
Lowest
NEW TORK
Range sine* Jan. 1
Lowest
Highest
i
Lew
111.23 Sep
112.6
106.13 July
106.13 July
Treasury t%a--*.——.1949-1952
Treasury 3s..~...^..:....1931-195S
Treasury '2%s
1955-1960
Treasury 2%s.._i——...1951-1954
108.16 Den
Treasury 2Vis
104.25 Sep
196.4
Bee
108.16
108.21 Feb
Dec
105.28 Mar 10
105.28 Mar 10
Feb
107.20 Mar 10
108.28May 17
114.8
114.8' May
102.22 Feb
104.12 Feb
104.13 Feb
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
May
103A3 Feb
2
2
104.24
July
101.11 Jan
7
104.14 Sep
104.23
Feb
101.19 Jun
14
101.27 Deo
104.18 Apr
100.24 Mar 13
100.26 Jan
7
101.26
Deo
104.4
101.24
Deo
104.34 July
191.11 Jan
7
101.19 Jun44
100.23 Jan 38
100.26 Apr
1
Apr
101.7
May 19
101.12 Jun
1
103.20 Apr
100.8
Mar 12
100.27 May 21
102.26 May 25
Jan
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
104.10 May
104.15
101.24 Deo
101
Deo
105.17
Jun
105.17
Jun
102.26 May 25
100.7
Dec
103.19
Apr
100.8
Jan
100.23 Jun
6
101.7
Deo
105.18 Sep
102.6
Sep
102.24 May
100
Mar
4
100.4
May
100
Deo
102.24 May
100
Mar
2
100.3
Feb
10
102.12
101.12
102.12
Apr
102.6
Deo
May
101.20 Deo
102.30
Apr
103.1
Apr
101.23
Deo
103.3
Jan
101.28 July
103.4
July
July
101.26 May 18
May"11
101.15 May 11
100.16 Apr 14
100.13 Jun 21
Apr
101.8
100.20 Oct
101.14 Apr 16
101.15
103.9
*103.7
STOCK
High
Lew
High/,.
•103.6
103.8
*103.6
103.8
*103.6
103.8,
105.26 105.28
*195.26
105.28
*105.25
105.27
108.24
*108:20
108.24
*1<F8.18
108.22
♦
*108.20
EXCHANGE
•104.27
104.29
*108.24 108.28
*104.26 104.28
*104.24
104.26
*104.24 104.26
*104.23
*109.18
109.22
*109.14 109.16
*109.10
109.12
*109.10 109.14
*109.8
109.12
•110
*108.28 109
110.4
*109.26
109.30
*109.22
109.26
•109.22
109.26
1960-1966
•110.12
110.16
•110.6
110.10
•110
110.4
*110
110.4
1948
*100.12
100.14
*100.12
100.14
*100.11 100.13
1949-1953
*102.7
102.9
•102.7
102.9
•102.6
1350-1951
•103.7
103.9
*103.7
103.9
1952-1354
2%S
•10349 103.21
•103.16
103.18
*104.2
104.4
♦101.25
1058-1963
-
3 Vis-
*
2 Vis
2 Vis—
2 Vis
-
2 Vis
—1956-1058
2 Vis—
2%s
•101.31 102.1'
—1163-1965
*109.20 109.24
*109.28
110
*100.11 100.13
*100.11400.13
102.8
*102.6
•102.6
J02;8
*103.6
103.8
*103.6
102.8
103.8
103.13
103.8
*103.14 10346
*103.6
•103.11
*103.14
103.16
'*103.21
103.23
*103.25
103.27
♦103.2T 103.29
101.27
•101.15
101.17
*101.16
101.18
*101.17
101.11
•
101.3
*101.5
101.7
♦100.27 ; 100.29
*101.6
101.8
♦100.28
100.30
•101.15
101.17
*101.9
1164-1969
*101.4
101.6
*100.30 101
1964- 1969
•101.2
—Jun
2 Vis
104.11
•104.9
1962-1967
—
<f>
104.25
CLOSED
.1956-1959
2%s
theWeeh
.
Lew
105.31
*105.29
*105.30 106
•alee fee
Friday
June 25
High
.
403.9
.
101.1
.
•100.25 100.27
101.19:
101.4
*10048
100.30
*100.24 100.26
*100.26
100.28
*100.27 100.29
•101
101.2
•100.26
100.28
•100.24
100.26
*100.25
100.27
*100.26
100.23
...
I960* 1971
•100.31
101.1
•100.24
100.26
•100.17
100.19
*100.20
100.22
♦100.21
100.23
a%s~
..Jun
196T< 1973
•100.15
100.17
*100.10
100.12
•100.10
100.12
*100.10
100.12
*100.10
100,12
avis-
-Sep
1967- 1973
•102.15
102.17
•102.5
102.7
•101.20 101.22
*101.25
101.27
♦101.31
102.1
avis-
..Dee
1967- 1973
*100.15
100.17
*100.10
100.12
100.11
100.11
*100.10
100.12
*100.10
100.12
2 Vis--.
1951- 1953
•103.27
103.29
*103.26
103.28
•103.24
103.26
*103.23
103.25
*103.22 103.24
2 Vis—.
1953- 1958
•102.21
102.23
*102.18 102.20
•102.13
102.15
*102.16
102.18
*102.17
102.19
105.8
..Dec
3%s~
2 Vis—
-1MB- 1979
3Vis__.
ay«s—
.1954- 1956
*105.14
105.16
*105.10
105.14
•105.6
105.10
*105.4
105.8
♦105.4
avis—
—1956- 19(9
♦102.21
102.23
*102.14
102.16
•102.1
102.3
*102.6
102-8
*107.7
100.2
*100.1
100.3
♦100.1
100.3
*100
2,000
102.9
*100
2%s_.
..Jun
1999-1952
•100.7
100.9
*100.2
100.4
2 vit¬
..Dec
100.4
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
101.13 Mar 33
1
102.23
Apr
102.25 Apr
102.4
*103.7
Thursday
June 24
Lew
High
Low
High
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
3
11
Apr
101.10 Apr
Low
High
June 23
June 22
June 21
SALE PRICES
Wednesday
Tuesday
Monday
:
June 19
EXCHANGE
Feb
106.6
■atarday
STOCK
2s
1999-1962
•100.7
100.9
♦100.2
100.2
*100.1
100.3
*100.1
as
-Dee
1948-1950
*100.17
100.19
•100.17 100.19
*100.17
100.19
*100.17
100.19
..Jun
1949-1951
*100.25
100.27
*100.25
100.27
*100.25
100.27
♦100.25
100.19
100.27
*100.17
2s.—
*100.25
100.27
*100.30
101
101.6
♦101.3
101.5
*101.3
101.5
*101.3
101.5
101.6
*101.5
101.7
*101.5..
101.7
101.11
*101.10
101:12
*101.10 101.12
2s.—
-Bep
1949-1951
*100.30
101
..Dee
1949-1951
•101.4
101.6
*101.4
2s
-Mar 1980-1962
♦101.5
101.7
•101.4
•101.13 101.15
•101.11
101.13
*101.9
*101.21
101.27
101.8
•101.6
Bep 1990-1952
*100.30
•100.30 101
•100.30 101'
2s
-
100.3
101
1951-1952
*101.23
101.25
•101.17 101.19
*101.19
101.21
*101.21
101.23
..1951-1955
•101.25
101.27
•101.22
101.24
•101.17 101.19
*101.20
101.22
*101.22
101.24
•101.25
101.27
*101.23
101.25
*101.17
101.19
*101.20
101.22
*101.22
101.24
1952-1954
♦101.20
101.28
•101.24 101.26
*101.17
101.19
*101.21
101.23
*101.23 101.25
.—1951-1955
*103.26
103.28
•103.22
103.26
*103.18
103.20
*103.20 103.24
1950
100.13
100.13
•100.12
100.14
*103.18 103.22
♦100.10 100.12
*100.11
100.13
*100.11
100.13
2s
2a_
i
2s
.Jun
1952-1954
2s—-i
-Dec
2s.
IVis.—
10,000
International Bank for
Reconstruction A
05
Dee
Deo
94.10 Jan
103.4
•Bid and asked price.
15
98.30 May 17
94.14 Jan
July
July
102
05
15
99.30 May
17
-
No sales transacted this day.
Interact
Period
♦99
•97.24
98.8
..
*98.24
99
..
-or
Range Bines
January 1
Bold
Low
No.
High
BONDS
Mew
*:
'
-
98.24
Lad
Yerb Sleek Exchange
Series No.
14
100%
10311
..—
107
15—.——
Series
No.
16——
3%s
107
No.
3 Vis
Series No.
Series No.
Series
Series
No.
19--......—..—.
20_
3Vis
3 Vis
75
Series
No.
21.—
—
—
j-d
j-d
—
j-d
'
*53
j-d
vc.":
'
.
-v-
:
■
.':v
^ V
•' '*;■
v,
No.
22
—,—
j-d
Telephone
Members New. York Stock Exchange
23——:
j-d
24...
—
No.
No.
25
20—.
Series
No.
27
120
REctor 2-2300
Series
No.
28—k_——-
No.
29—
No.
'
Agricultural Mtge Bank (Colombia)—
|AGtd sink fund 6s
.
1947
AGtd
Akersbus
sink
6s
fund
lAExternal
*61
..
M-3
♦71
80
lAExternal
v j.jr
..1945
f 7s series B
s
1945
1945
J AExternal s f 7s series C
36%
36
36
40
*36
*36
A-O
*36
39
•36
38
36
J-J
J-J
1945
AExternal s f 7s 1st series——1957
AExternal sec s f 7s 2d series—1957
AExternal sec
36%
*36
J -J
!
f
6s—
7s__;
1955
lABrazil
(U
S of)
s
f
ARy external
48
31%
40%
38
31%
38%
97
89%
90%
31
87%
90%
91
29
•i 87%
87%
85
89%
J-D
87%
88
13
85%
92
F-A
86%
87
5
,83%
"■
¥'
87
MS
5
48
60
55
60
•
.
'"i
100%
100% 101%
J-J
107
107
108%
25
106 %
109
113%
113
113%
19
107%
114%
J-D
*57
62
14
99%
60%
.
1978 .1,
6Vis of 1926.—...1957
to Plan A
3.375%)
62
44
.
55%,
—
44
37%
57
■
4
62% >
-
A-0
A-0
43
55
41%
43
57
—
41%
55
42%
1979
————1952-
A-O
.••
J-D
42%
—
57
37%
3.5%)—
1978
*
J-D
.
1
-41%
41%
49%
V
41%
■a?-,
41%
i*
is y4
27%
1
19%
28
34
18%
28:
26%
*27%
F-A
19%
30
18%
15
•27%
V,.
27%
20%
27%
27
—
26%
14
18%
m-s
27 V4
27%
1
20%
27%
27%
m-s
27
27%
20
18%
27%
27
—
,
27%
.
27
27%
A-O
'
•
8
•28
j-d
27
A-O
A-O
—
lf-N
—
jf-n
—
US
——I960
M-S
■'/%
38
'.i'i
27
20
37%
1
49%
26%
27
~8
18%
27%
26%
v.v •26
26%
•
28
-6
19%
■■
26%
1
~8
26%
•'
-
*5
3——
;
58%
59
33
49
55
55
10
48%
61
46%
61
51
60%
53
56%
No.
6
J-D
No.
7_
J-D
No,
8
J-D
3%s
Series
No;
9...—:
3 Vis
Series
No,
10
J-D
3Vis Series No.
3 Vis Series No.
11
J-D
12
J-D
3 Vis
13—...
For footnotes see page 29.
*
—
J-D
J-D
55
55%
57
53%
55%
56
52
*
7
55%
56
...
11--. %
8
'
56
52
J-D
52
2
52
63
1
56
26%
27
17%
26%
7%
firm trading markets
52
64%:
54
54
6
55
14
•53
— —
—
•53
...
,
:'
.
.
11
..
.
65
65
49%
58
53
54%
57
58
rai mabzs 4 pp. Inc.
FOREIGN SECURITIES SPECIALISTS
62%
2
'
54%
——
.
60
48
58%,
68%
59
SO Broad
St, New York 4, N. Y.
Telephone HAnover 2-0054
27%
27
61
48
J-D
J-D
—
5
27
,
18
61
..
28
18
*28
—
27
,
18
19
27
FOREIGN SECURITIES
.
59
2ft
20%
For Financial inatitutiona
:
23%
/ 27
18
,
49
23%
27%
20
:l
•28
—
—
27%
.
21%
18%
27%
26%
—
19%
,
27
—
28
22%
7
27%
♦28
j-d
j-d
28
28
A-0
.1961
"w
27%
.
J-D
Series
>_
J-D
2
4
A-0
Series
No.
2
28
r
>
61%
,54
.
2
V.
.
3%s Series
Series
27%
28
27
to Plan A
—.
3%s
27%
28
26%
—1951
t'
39%
22%
27%
j-d
5s
101%
19
m-n
..—I960
Ry)
52
39%
A-O
1962
(Hukuang
102
103% 105
103% 105
•38
—
A-O
1961
—
2
*28
j-j
m-n
.1961
Munlc 7s
:
94
99
2
68
62% i
37%
1? :
49%
80%.
32
:
(Int reduced to 3.375%)
1979
External $ bonds of 1944 (Plan B)—
3%s Series No. 1
3%s
104%
j-d
sink fund 6s
99%
104%
104% 104%
'
funding bonds of 1931 due..1951
Stamped pursuant to Plan A
3%s Series No.
3%s Series No.
ACblnese
J-J
—1957
—
59
54% 101%
3
101% 101%
104
—....1961
AGuaranteed sink fund 6s.—.—1962
A7« assented
49% >
50
7
'
104
Af-N
,
-52%
98%
99%
-
Af-N
A 6s assented
'
6%
3%s Series No.
3%e Series No.
.
;
j-d
A-0
1963
A 6s assented
•
j
A Chilean Cons
J-D
A-0
(Int reduced to 3.375 %) ..—1979
ABxternal s f 6Vis of 1927——1957
Stamped pursuant
(Int reduced to
A7s (Central Ry)
Stamped pursuant
/.-•*
(Int reduced to
AGuaranteed
104%
:•)
Stamped pursuant to Plan A
v
A6%s assented
55
^8%
j" j
Bank 6 Vis——.1957
Mortgage
60
48
60
~iT't \
—.1963
A6%s assented
*59
*53
—
F-A.
.
54%? 58
*56
—
F-A
.1962
ASlnking fund ■ 6%s
91%
J-D
;
A Chile
53
v.\,
'
J-J
6s
A6s assented
'
Jf-8
Jan 1961
AExternal sinking fund 6s
>
60
50
Feb 1961
A6s assented
93
El
60%
53
Jan 1961
....
Sep 1961
Sep 1961
AExternal sinking fund 6s.——1962
92%
86
—
Feb 1961
6s
f 6s
AExtl sinking fund
A 6s assented
102
90
s
A6s assented——
70
J-D
external 8S....1941
Stamped pursuant to Plan A
(Int reduced to 3.5%)—
AExternal
AExtl sinking fund
A 6s assented
40
99
J-D
_1955
f
40
31
40% V
F-A
—
s
40%
31%
40%)
101 %
s
31%
73
J-J
External
1
94
1942
-—
10
31%
94%
assented
—
31%
J-D
—
|A7s
60%
54%
60
j-d
AExternal sinking fund 6s—....1960
A6s assented
.1960
40
A-0
'External
::
65
92%
95%
100% 101%
f 7s 3rd series..1957
AAntwerp (City) external 5s——1958
Australia (Commonw'lth) 5s of '25-1955
10-year 3'/is
——1956
10-year 3Vis
i..—1957
20-year 3%s
_W67
20-year 3 Vis
—1966
15-year 3%s
——1962
Belgium external 6 %s
....1949
s
64
60
47%
56
j-d
.—
...
65%
A-0
/
f 7s series D
s
60%
—
A-O
1968
coll 7s A
(Dept)
lAAntioquia
'■*61
F-A
1948
(King of Norway) 4s
51%
59%
56
—
ii j-d
30—.—-
(City) s f 5s
——1957
Sinking fund gold 5s
1958
Sinking fund gold 6s...
1950
Canada (Dominion of) 4s..—.1960
'25-year 3%s—
—.1961
A Carlsbad (City) 8s
.1954
lAChlle (Rep) External s f 78—1942
Foreign Govt. & Municipal
54
52
*56
j-d
Brisbane
NY 1-1693
54
52
j-d
H*'
Broadway, New York
00
60
j-d
3Vis Series
Talmtypm
;
62
51%
j-d
:
^
60
44
a53
*
60
-
No.
3%e Series
w
60%
'—.
—
No.
Series
-
i,
60
47%
54%
59%
Series
3Vis
M Wertheim & Co,
60
•53
—
.
3%e Series
3Vis Series
,
60%
62
*53
j-D
3Vis
V
Id
61%
51%
54%
3%s
foreign Securities
(m
19
—
*53
j-d
.
—
January 1
No,
*53
—-
—.....
High
54%
*53
..
17
18...
No.
-
3Via Series
"f kr'k
Friday'*
52
j-d
j-d
—.
3Vis
105
er
EM A Asked
Low
3Vis
104
Week's Range
.
Bale Price
reeled
3%s
Registered
97.24
*98.16
":'Y
SVie Series
104
J-D
•97.12
98.24
High
3Vis
.1980
98
*98.16
FvMay
Rends
Friday's
Bid A Asked
City
Issue—
Corporate Stock—.—..
*—
99.28
Registered bond transaction.
r
New York
2%
98.8
Week's Range
Last v
Sale Price
Lots
Transit Unification
98.8
99.28
•—
1972
«..
a Odd lot transaction,
Friday
bonds
New York Stock Exchange
Development
1957
10-year 2 Vis
25-year 3s—,
Teletype NT 1-W1
(2810)
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
BONDS
York
New
Stock
Interest
ExehaogS
Last
f ale Pries
Period
(Republic
A6s of
1928
A6s of
1927
3s external
Oct 1961
4%S—
.—
M -N
42'/a
42%
1947
r-K
Rica
(Rep of) 7s
....1951
(Republic of) 5s of 1914—1949
External loan 4Vis..
—1949
4'As external debt
—1977
Y
to
6%)
•100
j-d
113%
A-1951
a-o
1952
a-o
to
3s extl
A
(Republic
I $
s
Jan 1, 1978
f $
part paid
part paid
A 6s
-1949
13
59
71%
28'
54%
49
68
'.r:
r-A
a-o
..*56%
M-N
:■■■■
7%
1977
J-J
18%
18%
17
16%
1947
to 3%
MS
1977
y
♦25%
--
j-j
1952
External 7b
j-j.
(Kingdom of) 7s
1951
AJugloslavla (State Mtge Bk) 7s—1957
Medellin (Colombia) 6%s
—1954
•
:
riv
J-D
17%
r.
v
•■*:
27%
u-Jr
j-j i
Q-J
|AAs8entlng
.
y1»i*'
Y,
Q-J
Stamped
15
aa
'•
f
1%
:
10
8V«
Wv
j-j
.::i3./
Si
A-O
25
25
„'
12 y*
31
ms
Ml
M-B
39
*23%
3oyf
"18%'
.25%
22%
89%
23
95%
80%
78
97%
76%
68%
94%
74%
67%
93 %
r-K
A-O
72%
j-d
73
73
1955
4-0
•
73
.1970
74%
.
78
1963
jr-N
1994
j-d
66%
M-B
1947
A 4
A
'/a
8
gold 6s
M-B
f
s
106
21%. 21%
a. 16%/ 16'/a
16%
16'/a
9
A-O
A-O
AExternal
Stamped
to
Plan A
(Int reduced to 2%)
'."
' Y-7
95%
97
85%
101%
20
90%
98%
93%
109
97%
97'/a
6
91%
99'%
113'/2 115%
570
106%
116%
101%
101% 102'%
81
101
102%
102%
102'/a 102%
58
100%
103'/a
i
♦79%
93%
77
♦—
97'/a
96;
81
100 Y
A-O
121%
421% 122%
36
115%
123%
M-N
112%
111% 112%
14
106%
112%
101
104
M-N
•••'*103%
%
M-S
104%
104 '/a 104%
J-D
105
105
J-J
,48
,
-■
.
37%
,,
105%
52'%
-
1948
J-J
33% :■
23%
36%
—1966
J-J
99%
99
68
103'/a
17.
98'%
355
99%
25
.
105
105%
52%
98
15%
36%
n
.
97 Va
100 V*
■/,
..
:(4ft
A-O
fixed
A-O
»
J
17
list
j-j
1st mtge 5%
A
ser
D
ser
'
30%
P-4
■
21%
67%
78 y*
53%
45%
54%r
90%
81%
91%
61
70%
81
77%
M-N
86
; y
Y
^
J-J
J-J
'
27
>
"*2
30%.
21%
■
4
20 '
34%
27%
18
1951
ft
J-J
J-J
88%
96
ser
I
5s
series
119
M-N
M-S
May
1955
M-N
1961
....
A-O
1.1960
Bush
Term
101%
r„1954
100
85%. 86%
86%
50
60%
56%
'
19
102% 102%
21
102% 101%
F-A
*102%
MS
97%
98%
92
90
907/a
86%
99'%
99»/4
95%
65%
66%
M-N
—
99
93%
100
at
.'1957
M-N
A-O
due.
5s„'
72%
55%
■56%:
A-O
,i_1968
4s
100
102%
90%
F-A
.——1952
1947)
94 %
101 Vs 101'/8
*83%
..J-J
M-N
July 1970
(interest
1
1st
Consolidated
96 Va
*88
........^.1976...'J-J..
modified
to
997/s
1976
Co 7S
2%s.,
Terminal
98
1967
Buffalo Niagara El 1st mtge
2%s..l975
Buffalo Rochester & Pgh Ry—
■37c
97%
J-J
"
Stamped
123
94%
^
AC
48 series RR—
'Gen- mtge
121%
96%
100'/4
M-N
^.r.^l970
mtge 4'/as ser A
(Ernesto)
96%
88'/4
100'%
.
Corp—
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 4s debentures—1969
Bush
32%
•••'>>
*
.1951
3'/as
1st
Bristol-Myers Co 3s Debs
33
24%
26%
—
22%
mtge
ABreda
1 9%
33
A-O
*-
76%
'
1985
mtge
AInc
23
r-A
70
J-D
Steel
jlst mtge
9%
'
—
*22,
70%
5t
May
1st mtge 5s series II—
list mtge 4%s series JJ
13
17
j-j
—
70%
57%
M-8
due Dec 1 1995
2%s ser J
Boston & Maine RR—
~9%
33
A-O
58%
M-S
fixed
income......—Feb 1 2010
conv
•Pons mtge 2%s
17
6%
1-n
5
•
J-D
A-O
17%
7
1
r
2013
97%
92%
•
A-O
.Cons
17%
5%
j-j
Plan A
1953
94%
'
97 "■>.
113%
1951
27
17
mmlim
tm-m
1961
2001
pursuant
1995
Series K.....
due Mar 1 2000
Series M—due Mar 1
1996
Bethlehem
~»%
•"
1963
6Vis
sec
266 Y
of Pa 5s series C..1960
Beneficial Indus Loan 2'/as,
debs...1961
32
14%
j-j
(Int reduced to 2.375%)
2001
7 Vis 1966 stmp
pursuant to Plan A
(Int reduced to 2.25%)
2006
IA Rio de Janeiro
(City of) 8s
1946
Stamped pursuant to Plan A
(Int reduced to 2.375%)
; 108%
107
A-O
July 1973
B
-ser
,-.4s stamped -—
Creek Extension
*9
4-0
to
54 ■'•'
A-O
Bell Telephone
14%
i-r
4-0
1968
pursuant
39
^Q-J
1948
A
ser
Beech
14%
49
16%
•
21%
5
16%
\
100
22
1
16%
1950
Stamped
118
91%
1995
Bangor & Aroostook RR—
95
102
—
16%
AExternal sink fund gold 8s
A4Vis assented
8s_.
95%
97%
91 ■>;
I960
lst l^n Je ref M 4s
95
80%
j-d
1947
APorto Alegre (City of)
94%
96%
A-O
3s____.-.__._1962
4s_—.July 11995.
S'western div
93
80%
85%
A-O
7S—
A4Vis assented
103%
90%
n%
91%
J-D
—^.1987
99
78
85%
96%
94%
(3%% fxd & 1%% cont Int)..1980
i'Toledo Cincinnati division
92
69
32
MS
1938
loan
'102
MS
1940
assented
Stabilization
138
-
J-J
4-0
5s—
96%
,
107'%
....
85
75
F-A
J-D
gold"4si—*.July
mtge 4s
A4%s
92
73
>
*84% 102
A
1961
(Rep of)
;
95
100
94%
78
A-O
.—1982
Products Co
7
*
79
84 Vi /
1967
(Int reduced to 2.125%)
2008
APeru (Rep of> external
7s
1959
ANat loan exrt s f 6s 1st
ser—1960
ANat loan extl s f 6s 2d ser
iAPoland
>
96%
..1961
Con ref 4s
series B
M-3
Fgh Lake Erie 8c West Va-r-.:
^
Ref es -gerlee A^.——..1980
Panama
lAPernambuco (State of) 7s
Stamped pursuant to Plan
P W
♦76%
debentures..——J«u
Series
75%
ref 3»/as
debentures—....
deb
98%
Interest)—
33
73%
sec
J-D
—..1986
Ref 8c gen mtge 6% (2%%
.and 3%% contingent
24%
A-O
1957
(Republic)—
A
Stamped assented 5s
Stamp mod 3'As ext to..—
—
1975
,_
...
conv
«
1965
.
1966
debentures!
32
30
1963
Municipal Bank extl s f 5s
(City) sink fund 4!/as
debs
debentures
97
82
86%
98%
t
debentures.
conv
98%
-
—
♦85
M-S
Dec-11995;
78%
Oslo
3s
*99 '/a
A-O
gnd 4% 5CPfttjngent4nt)^uly 1975
Ref Jc get) mtge, 5% .4 27* fixed
•
and 3% contingent
Interest)— 1
Series .G——AUe
14
18
80%
4'As
Airiines
debentures
1st
i.w
to Plan A
loan
A-O
'
8c
1st; mtge 5%
A
♦13
JK-S
Ext
107 y4
Bdltlmore & Ohio BRrm.
W 7%
'
12% M3
$
' m
;
1956
fund
28
104%
103%
18
'
Norway (Kingdom of) 4%s
extl
19%
100%
107 y0 107'/a
10% ' 15%
.
*9
j-j
1959
external
27%
103% 104
A._..a—....1964
23% ,25
90%
90%
fund
27%
M-N
...
90%
t
4-0
J-J
Stamped
M-If
s
7
1972
Atlanta 8c Charlotte AirLine
Ry—
1st mortgage 3%s
1963
Atlantic Coast 1st cons 4s
July 1952
General unified 4%8
M-B
sink
11
5
3'/as_!
mtge
Atchison Topeka Jt'Santa
fg-r-'
General 4s__.
1957
3Vis
7%
p
1st
A
2008
External sink
27%
7
Power
Ann Arbor 1st
(Int reduced to 2.125%)
Netherlands (Kingdom) 3%s
4s
1952
j; 3«. debentures_.^..—...._._——196gi
*
8
6%
2008
f 6%s
90
25
•
'
1967
Amer Tobacco Co
; 23%
1a
7s
Atlantic 8c Danville Ry 1st 4s
Second mortgage 4s„
Atlantic Refining 2%s debs
to Plan A
pursuant
13%
•
16
*10
1958
s
20
33
*5
j-j
AAss'td to Nov. 5,
1942, agree.1963
A Milan
(City of) 6%s
.1952
Mlnas Geraes (State)—
A Sec external s
f 6'/as
2.12 5%)
Co
2%s
78
100
36%
14%
j-j
to
5%
50
♦19
—'
J-J
pursuant
-
'*6%
J-D
agree.1968
reduced
70
■Y-;-'
15
.
85
_
:
j-jr
1910
1945
Ass'td to Nov. 5,
1942, agree_1963
IA Treasury 6s of 1913
assent
1933
Stamped
8
V:
♦5
'vfV
92
*6%
V.'-: v- :•••
-
83
80
^
5s of 1899
1943
Ass'td to Nov. 5, 1942,
agree.1963
4s of 1904—
1954
Ass'td to Nov. 5, 1942,
AAssentlng
A Sec external
Electric
2%s
;
1943
1942, agree_1968
extl 5s of 1899 £—1945
,25%
f-a
74
£0
,•*65
*9
78
82%
3'As
9%
p 7%
28%
;
1958
78%
82%
1955
>
Bldgs 5s gtd__;
'100'/4 102
J-J
;._1960
93%
A-O
105%
93%
105% 105%
27%
Rio Grande do Sul
(State of)—
1921
—1946
Stamped pursuant to Plan A
(Int reduced to 2.5%)
1999
A6s external sink fund
gold
1968
Stamped pursuant to Plan A
(Int reduced to 2%)
2012
A7s external loan of 1926
1968
Stamoed pursuant to Plan A
IA8s
extl
(In1:
7s 1967
,
of
reduced
to
2.25%)._..2004
stmp pursuant to Plan
(Int
ARome
loan
reduced
(City of)
ASao Paulo
to
2.25%)
34%
8s
1
j-d
Stamped pursuant to Plan
'21%: 24
♦22%
25
A6s extl
to
27%
*35;
(Int reduced to 3.5%)
A7s
& Slovenes
secured
series
ASllesia
A4Vis
B
(Prov
sec
j-j
1999
J-J
MS
28
6
assented
25
24
t
'
j-j
j-j
27
♦27
90
M-m
m-m
5%
1958
J-D.
*8%
1957
For footnotes see
page 29.
J-J
39
111%
107
Ry^4% deb stk perpetual—^..
Carolina Clinchfield & Ohio 4s_„_1965
mtge
.
3s debs..
3'/«s-debs
'
*6
6%
87
74%
102 %
107'A
,
j-d
f-a
......I960
f-a
1948
16
; 103
■
J A 1st mtge 5s
i AConsol gold 5s
~r
■
*—
..Nov 1945
F-A
83
1945
M-N
70%
r
-
5'/as series B-.
1959
A-O
5s/series Ci—.——1959
A-O
Illinois
6%
70
A General
4%
7Vs
13%
7
5
9%
2
85
90%
gold 5s...
Light 3%s±
N J
gen
1946
J-J
1966
gold 5s
1987
(4'%%
.1st
mtge
lACentral
5s
stamp
..
~
85
4s
series
•
8c
32%
■r
80%
64
63%
84
70%
128
39%
73'A
13%
54
6%
131/4
79
6%
78
78
10
52
79
32%
32%
17
18%
32%
107
/
1974
B
Banking
1968
107%
68%
81
615
37%
81
79
813
35%
79%
6.0
60
70
238
32%
70
*70 J
A-O
72%
—
32%
■
102%
■
'102% 1021/4
2
H
"10214 102%
22
102
F-A
F-A
14%
67
71%
*102'%
104%
"104
102%
103%
96%
—
1041/4
13
50
97%
102%
Yi
'
;
'
1 1949)—
ser
14%
71
"Q-J
F-A
—
83 Vs
♦107%
S
J-J
198T
A
to Aug
RR
J-J
Q-J
1987
8%s
-
67%
103 »A
100
78%
"
registered:.
ref
:
A-O
V
—1987
,—
New York Power 3s—;
1974
Central Pacific 1st ref gtd gold 4s_1949
<fc
•'
J-D
Central
7%
3%
gold 4s__1951
1st
A5s registered
1st
7
of
money
pur
5AMobile Div
;
58%
99
12%
13
89
100 %
•
107%
70
13 ya
gen
•
39
97%
12%
gen
35 Ys
108 y«
-
82%
81
"'';."
-
*100%;
♦100%
j-d
&
Central
107%
82%
107
160
Georgia Ry—
ot
ARef
41
112%
49
95
102% 103'A
A Ref
67
u:
19
*107
v-V-
a-o
40
34
113%
110%
■/ 106%
5
"
108% 108%
/'/ycppi;/
' % 111%
13
107%
■
._1965
gold 4s
94 y4
•
114%
109%
106%
63
111% 112%
:.
107
94%
111%
108 Va
y.';-
••"v
113% 113%;
28
•3%
—
6%
■5%
87
1st
16
108 y8 108'A
*108% 109%
m-s
1..^__1960
y_'
(1947 Issue)
debs
108 ya
.
j-j
Adironack Ry—
•
gtd 4s
—...—1981
Corp
{Cntral
25%
a
j
J-D
F-A
-■A4s-
74%
103%
99%
100%
y'*"
-r
113%ii4%
113%
m-s
Pac
3%s
32
A
.1958
27
26 i'Y
1
30
*86%
j-j
j-d
4.
4%s
gold
Celanese Corp
31
46
,—1957
.—1955
lACentral
A-O
A-O
•108
99
"2
102% 102%
;
34
—
1940
..V' V-
.:mV
p
*100% 104
;;
17
*32
2012
'"vy
f-a
1st
28
36%
—
•
27
:■
-
a-o
AChatt Div
2004
A-O
i-
29
*31.; 32
——
r.:7;
..1970
Can
35%
22
35
*38%
a-o
..—Oct 1969
ACent Branch U P
*31
/'k/'-' y
j-d
m-n
1962
•Guaranteed gold 4'/as—__^._.J__1956
.Guaranteed gold 4'/as____^__1951
31
29
—
1978
gold -5s
gold 5s_.
Guaranteed
17.
»%
;
J-J
j-j
1976
1974
;
gold: 4'/as__*
Guaranteed
Celotex
1962
7s
Sydney County Council 3Vis
„
"
1962
extl
extl
■—
—
1999
;
Carthage &
(Kingdom)—
external
of)
*22
__
♦29
m-n
1968
Stamped pursuant to Plan
A 8s
M-M
t
14%
18
A
dollar loan
Serbs Croats
28
A
Stamped pursuant to Plan A
(Int reduced to 2%)
IA Secured s f 7s
.
M-Jf
39,
3s_.
gtd '5s A
Ry— >
National
Guaranteed
26%
W •34
22%c 25
27
1936
2.25%)
22
J
—
♦25
M-M
1st
Southern cons
Guaranteed
*23
1956
to Plan
A
22
J-D
2012
loan
reduced
•'
A-O
1950
Elec Power
Oregon Power 3'/as__.
'
A
(Int reduced to 2.5%)
(Int
Canada
M-M
A
Stamped pursuant to Plan A
(Int reduced to 2.5%)
A8s external
pursuant
31
j-d
,.1952
(Int reduced to 2%)
IA San Paulo (State) 8s
water
Calif
27
Canadian
1957
Stamped pursuant to Plan
extl
27%
A
(Int reduced to 2.375%)—2001
A6Vis extl secured s f
Stamped
26
California
♦26
J-D
1932
Stamped pursuant to Plan
A 7s
37%
28
35
A-O
2004
6Vis
(City)
A-O
:
101%
102
104%
Co
(partial redemption)—1942
Champion Paper 8c Fibre deb
3s
1965
"
M-N
j-j
37
•100%
37
—
10
V.
—
29%
96
;
86%
84
•75
/
73
Southern
,
'7
*36
•
121
77
Great
2%s
m
*6
J-D
Ass'td to Nov 5,
IA Assenting 4s of
Adriatic
2%5
27
16%
7s—
external
f-a
Foreign Pow deb 5s__
2030
American Telephone 8c Telegraph Co—
2%s debentures———..,
1980
*25%
-.4.
:
A-O
4A4%s assented
(US)
f-a
'104
6%
'i.Y,Yv
17
•
——
a-o
«City)
2%s
iio
18%
j-j
75%
p p V>' ' ;
■.;
82%
j-d
Albany 8c Susquehanna RR 4Vis
1975
Alleghany 8c Western 1st gtd 4s„1998
48%
nv*
1977
76%
j-j
1.1952
7s——1958
2%«
7%
57
m-n
Allis-Chalmers Mfg 2s debs..—„..1956
— v.1.
: 44;;
l6I
*100%
Altaly
Mexican Irrigation—
38
9%
1979
118
Alabama
<2
44%
15
*101% 102%
Utility-
Credit Institute 1%
"l '
44
S
conversion....
Venetian. Provinces
A
■68
20
9
m-n
117
121
1937)—
Alabama
90
48
M-N
1979
of
••
High
RAILROAD AND INDUSTRIAL COMPANIES
■
70
*
*5
-V
readjustment..*..
bond
($
A4'/as assented
95
43
•
1960
.
(Int
1
35
58
48
.
r
1960
(Republic) extl s f l-3s
Credit Consortium for
Public Works 1% to 3%
IA 7s series B
Public
n
.
1968
Italian
IA Mexico
77% *
70
M-S
1964
—
Italian
A
75%
J-J
Helsingfors (City) ext 6»/2S
Irish Free State extl s f 5s
Italian
86%
>
*67%
j-j
1967
Low
...
Warsaw
Amer
j-j
Jan 1,1976
(Republic of) 7s
French Republic extl 78—
Greek Government—
January 1
No.
130
*
110
85%
j-j
Range Sinoe
Sold
—
•120
*110
' External
American
Jan 1, 1976
*110
m-m
m-M
A
of)—
Estonia
A 7s
53
—
♦52%
55
F-A
Bonds
High
1964
'110%
70
a-o
.
f $
s
60
79%
r-A
118
■
Friday's
,.1960
A
18
102)1
;.
Salvador
31/28 extl
V
or
Bid 8c Asked
108% '110%
89
*66%
,
s
v6
Cs_.
3%-4'/a-4&s extl conv
_1978
4-4'A-4'/as extl readjustment—1978
3'/as extl readjustment—....
1984
100, ' 101%
*
k--
J-J
1955
.
13%
112
6s
fund
—
102%
7. ::
8s_.._1946
fund
sink
J
Y
'
r:i^~
extl
sink
External
■
79
30
Bale Price
Low
(Republic)
3%-4-4Vb8
...
Last
Period
Exchange
AExternal
82
85%
1942
1962
External gold 5'As
External gold 4%s
4s extl
•68%
a-o
1960
'>v
lAUruguay
44
68
110% 110%
(int reduced
extended
lADenmark 20-year extl 6s
42%
53%
bloc*
:-v
42%
15
101
Week's Range
Interest
BONDS
Yora
AExternal
44
21
'113% 114
j-j
41%
42 V."
mmm
<■'<
15'/a
16%
*102% 102%
r"
f-a
1953
Stamped assented
M-N
m-b
:
1r::
71
%
25
New
45
75%
75
67
JUNE
f:: Y:1;-
73%
,1
*41 Vi
J-D
M-N
ACosta
ser
»
Monday, June 28, 1948
RECORD
ENDED
75
38
42 Vi
Cuba
Sinking fund 5'/2s
70
70
42 Vi
CHRONICLE
High
1
a-O
1952
Low
29
40%
,—1953
—
ACzechoslovakia (Rep of) 8s
ASlnklng fund 8s series B
71
39 Vi
1946
fASinking fund 7s of 1927
Copenhagen (City) 5s—
No.
♦70
a-o
1947
Bank 6'/as
lASlnking fund 7s of 1926
gold
71
j.j
.—-.1970
fAColombia Mtge
25-year
A-O
Jan 1961
f $ bonds
s
BOND
WEEK
Range Slnee
January 1
Sold
Jiigh
of)—
FOR
FINANCIAL
Friday
Bonds
Bid & Asked
Low
Colombia
El
Week's Range
or Friday's
&
39%
100
.
'^1
■Volume 167
Number 4711
THE
U«iWfli|w.fMW ffl )*««* ■i(t»iy^*»y
i*ijvtl*piff.w
VHfjartjjfo', ijte W**»-fi^
COMMERCIAL & FINANCIAL CHRONICLE
,
NEW
YORK
BOND
;;;:
New
BONDS ;
York
Chesapeake" &
General
1
Rel
&
Stock
Ohio
gold
:11.v
•
interest
Exchange
Period
1st
,
v
M-5
gold" 4s
& ref
.11989
Chicago
3%s_-H1
S£
Eastern
RR—
AGen
mtge inc conv
1st mtge 33/4S ser B
inc
'
a
1st
&
mtge
A2d
Chic
Milw
1st
inc
4s
&
St
mtge
Sou
Paul
4s
Pac
mtge 4%s inc
4Vis
conv
inc
ser
ser
mtge
1st
3s
j-j
&
Gen
mtge
Chicago St
4%s
conv
L & New Orleans 5s
-
Apr
70% ;
i
j-j
90%
65
14
54%
36
39%
2
88%
216
99%
72^173%:
J-D
1994
Income 2%-4%s
/ ;;
89%
Cine Gas & Elec,1st
ihtgei2%s
Cincinnati Union Terminal—-
5s
series
89
/
93
80%
;
80 Va
B
;
1993
J-D
11977
Louis
Mich Div
Div
' ■'
1st
:<
■'v
coll
trust
4s__>1990
" %'
t
1st
Series
&
:
M-N
.1982
.
Rtd-.-^lLl1L-ill948
(stamped .modified)u—
Columbus &
Columbus
H
&
Columbus
V
Sou
&
Tol
*101
A-O
extl
4s
mtge
1st &
1st mtge
.
•
-
1!
,55%
3
12,
92/
Ohio
5s
3%s
107
*
1st
& ref
♦100%
1st
&
ref 3s
3a;conv
B-I
101
101%
95*;
2000
series
Natural
D__„__
Consumers Power. 1st mtge
Continental
RR—
•
Utll
ser
1st
M
Deposit
A
a 6a
Valley
1st
Ry
1st
Illinois Central
53
101%
■'
mtge 2%5—1976
1st
f
s
5s
N
Y
1999
series
A
'>f
95
M-S
100
Purchased
Income
92%
6:
L
,/
1975
lines
36
„
-
1963
1%
v
;
Gen
98%
11
101
95.
Jf-N
96
mtge 4s
ser
3s
62
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V
/Ref
&
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Chemical
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.
88
;
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93
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A
Elgin Joliet
&
East
64%
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1
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.
1951
,
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103
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77
103
6
10
102
102%
88
3
77
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104'A
97
99'A
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102
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102
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2
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102
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108 Va
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104%
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102%
102%
120
104'A 104 %
105%
101'/a
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16
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98
98%
12
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89
__
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5
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1
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88
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-1986
88%
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77
100%
93%
88'A
95
1
101
101
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;1952
64%
A-o
A
37%
101
100
102
62%
-
64%
36%
39%
60'/2
60%
61
-A-O
1972
4
64%
•
20
43%
48%
1
50
62%
86
64%
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85%
65%
9
"v 61
62%
M-N
1951
b5%
52%
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J-J
*
1944
—
90
J-J
1956
6s-
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J-J
•:
;1956
{AInternat Hydro-Elec deb
James Frankl & Clear 1st 4s
Jersey
.1959
Central Pow & Lt '2%s—11976
J-D
"
80
A
60
64%
101%
'
79%.. 80...
101
62%
102
98'/s
37
75%
83
95%
98%
33
98'/«
5
102%
41
96%
104 % :
07 y4
100 v*'.:
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M-S
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.
65%
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«
114'%.,
K
87
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27
54
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v'
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101-103
'
94*
•
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80-'
93
*
67%
*
,
65%. 67%.,
248?
f. ?
51%>
Kanawha & Mich
1st gtd gold 4S—1990
City Power & Light 2%s„1976
Kansas City Southern Ry 1st 3si__1950
J-J
iy66
M-S
81
J-D
1982
v
►108
103%
M-S
82
10
109
J-D
J-D
♦68
4V6s
1961
;>4:
24
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1995
*" 70
1st mtge'As set A
-LJ
1975
Kansas .City Terminal Ry ^%s_—11974
Kentucky Central gold 4s_i.—1—11987
Kentucky & Indiana Term 4%s
7961
110 %
102%
.4V2S
M-N
106% 106%
M-S
*84%
C5V2
J-J
97%
98«/4
10
1995
96
49
4£'%
49 V8
15
98%
98%
99%
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Ry 3 Vis
29.
1965
A-O
A-O"
105
-
106 3/4
84 Va
96 Vb
98%
38
49 Va,
98%. 100%
-
105%"'
110
156%
105
105
106%
.
1*45
1-
l—l-J—1961
49V8
44
50
98%
97
98%
unguaranteed
J-J
"——,.-1961 *.'
•
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J-J
A-O
—
A-O
—
tAKreuger <fc Toll
M-S
—
5s
ctfs
v8113.
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EJings County El L.& P 6s-_>-^—-1997
Koppers Co 1st mtge 3s_l_;
—1964
112%..112%:
97%
'
—
98,
'
——1959
Laclede Gas Light 4%s coi^v debs—1963
Lake;Sh & Mich Sou gold 3V3S—,—-1997
42
2
156
102
3'/as
registered '-
-
Lautaro Nitrate Co Ltd—
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169
—
.
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22
l'/e" lVt,
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mtge 3%s
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stamped
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stamped
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stamped
'
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106%
100
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ser
A_
—
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—
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176
,
99%. 103%
4
1;.
1%
Lebigh Val Harbor Term gtd 5s—1954
Lehigh Valley Ry Co NY 4%s ext-1950
108% 109 7/a
1
97 :
1 *90
' 1,
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65
•
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109%
102
88%
98
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8
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89
89
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90
55
95%
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•
1954
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s
97-
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'
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;
109
J-D
1997
;
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Lehigh Coal & Navigation Co—
%t
105
M-B
;
'
112%)"
156%
"
T"105% 105% '
1
*
*98
J-J
—J-J
Lehigh Valley Coal. Co—
••'.;:;*111%-♦__
M-S
1965
a
—
J-J
1970
5s stamped—
For footnotes
see.page
M-N
J-J
103
98%
81
F-A
;
^
ArO
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98%, 100%
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;; *99 ; 100
■
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;
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102 Ve 102%
104 V*
96
J-J
1956
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A-O
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—
102'/a
58%
1976
1937
Plain
/.
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.
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-
J-D
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65 Va
-
1961
debs
82%
108
103 »/4 103%
96 %
97
1995
66'/8
A-O
Kansas
67% '
1
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I
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j-j
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5s series B
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102?
96%
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90%- 931
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k
100
95
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•
,
1993
H
cons
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v
100'
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J-J
2018
& Ga Div 1st 5s
1st
68
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1970
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8 F
(NY)
57%
103 V»
14
J-D
Duquesne Light Co 23/4S^^________1977
Ed El 111
12
102
gold 4Si___1950
Stamped I—
t§ ADul So Shore & Atl gold 5s
East Tenn Va
98%
<
96
105%
'
F-A
1963
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A 1st 6s series A-/„-
»
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,f
,__1993
RR 23/4S ser B
2.35s
65% J
,
0
;
fixed
Tunnel
50
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j-j
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,
V
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-
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!
gold 4s
Term
M-N
;__*____1977
Gen & ref 23/4S series I
Detroit & Mack 1st lien gold 4s
Detroit
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98-.
88
104%
146
j-j
1951
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j 031/3
....
95%
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3'/is series G
;; i A Second
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T-A
103 %
►100
M-N
1973
May
series
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.
ref 3s
99 Va
—
10
64%
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Indianapolis Union Ry Co—
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&
,/
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j-j
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55%
52%
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1993
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80
div
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Detroit
97%
1
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k.;
88
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i
'
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J-J
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98
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24%
a-o
-1952
3%s_
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100%"
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?>-11.«1.^1965
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92%
4
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a-o
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^—1963
lst.& ref,4Vis series C__;—j-—-1963
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101%
5
23
m-s
Joint
36%
Power & Light
mtge & colt tr 3y8s
1st mtge
93
"
5
'
-1950
'
33%
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;
6
.1
,
101% 103%/
34
711
93 >:•' 93
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97%
132
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32'/a
Delaware
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63 V2
A-O
c
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96%
97 :
6
mtge due
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.
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P-A
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106.
;
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94%
m-n
p-a
75
,
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J-D
V
1957
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J-D
1946
63
6%
93%
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97 V2
97%
97%
m-n
t
99%
100
J-J
retailJ1.il—1946
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A
Morris &
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—1949
68
36
receipts
Western
10
—
1 J-J
1962
108%
84
&
79%
M-8
,
-1951
Gold
105
37%
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:
1970
i
I018/sl04%
80%;
Delaware, Lack & West RR
95%
63
101% 101%.-/
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-1951
5
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81 '/a
91%
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2
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92%
'
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& Co
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—
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72
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m-n
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i.19^2
Dayton Pr & Lt 1st mtge
1st mortgage 3s_
'
84
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A-O
,
7
1021/4 102%
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109
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deposit rets
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4
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v
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J-J
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ser
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90
6
92%
J-J
107%
J-D
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•|:A7Via
92%
110
9
....
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104%|
06i/a
1965
1st
ACuba REL 1st 5s gold...
92 Va
123%
11
;
—1976
;
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^._Jan 2044
AAdj income 5$;
__
99%
M-N
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A
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112
•
95
J-J
2%s-
109%
j-j
mtge 3y8s___^__1966
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1942
receipts
;
Steel
9ACuba
94
—July 2015
11-1
1969
B
97%' 101
l
116
94
A-O
1975
A
>
11
v
99%
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B
ser
.
86
'
98%
95'/a
_1959
•
117'/a 117%
/ J-J
-1981
63
96% " 97% ;
.
99%
j-d
1968
Baking 3s debs-___
Crucible
,
M-S
j-d
1972
2%s
100%
..
98%
/.Feb
t.
v
100%
*105'/a 106%
*98
104%
A-O
1972
Gas
J-J
.
debentures__.__i»«_^^A.„i963
Consolidated
;J-J
1982
101
104 v-f
„
•1041/8
A-O
1977
ser
103
81%
104 %i
'
>
8
102% 103
.
P-A
Corp 3%s__*._..1965
sen
103
'
6
*122% 129
J-J
__
♦109%
J-J
1961
105
106
;
27
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F-A
1951
66
62
=
1C2 V»
__
111% 111%
»
J-J
L.1953
1977
mtge 25/as
mtge 2%s
1st & ref
3
85
100
J-J
1976
_1990
Hudson Co Gas 1st gold 5s_J
Hudson & Manhattan; 1st 5s A
(
103'A
V:;"5
>M.
106
^4%
102
F-A
Consolidated Edison of New York—
1st & ref/mtge 2%s sen A
1982
1
M-N
11973
;
series D
inc 4s
Hudson Coal
;
103%
>
.
55% ;
101% 101%;
101% 102
.
M-S
3s series L
Cigar
85
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I—
Commonwealth Edison Col-
Consolidated
♦102%
1952
.•
:
4'/2S(
Household Finance Corp 2%s
77%:*
70'
101%
107
106
A-O
4s_„_„1955
102%
50 Va
H
99%
.
1/' 84%;,
102% 103%
A-O
V.:?,
lst mtge
J-D
m-s
2%sU965
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97 V:
59%
—
'
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102%
A-O
1970
Conn Ry & L 1st & ref
4%a2l
Conn River Pwr s f 3%s
103% 103%
1949
)
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R__l__„__„1961
ser
series
inc
ref
Gulf States
V
^1'
100%
107
A-O
1973
1st
15
"
4s„1948
3'As
q>
.
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M-S
El
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82
.
,
103% 103%
104% 104% 1
Jf-N
Ohio
104
100
'
61
59
101%?
4
1182
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1980
1st extl gold
19
102'/a
60
'*
JrD
3y8s debsi^.1971
&.Elec
debentures
102% 103%
♦101
1969
Co
&
ref
Gen mtge
91% 1 93
78
—
F-A
.
Columbia Gas
102
,
ioi9;
'■I... 97
57';. ;,i'68,;,
75%,
667/a '
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>:
illai
74%
A-O
1950
1
96%
100
'
102%
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100%'
98
15
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~
96%
,
/'■/
111
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M-N
gtd ;4Vis____i&til
Cleveland Union .Terminals Co— -:;
1st .mtge 5 Vis series
A->-.—.^...1972
1
1st mtge 5a series
B-ii-i.-iww»ili.1973
i
1st mtge 4%s series C____
__1977
Colorado & Southern Ry—
3 %s
;
75
vAg,-,
F)
Gulf Mobile
106%
CO
■
ll;:
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Pittsburgh RR—
C; 3 Vis
1,;
102% 106%;
107
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J-J
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Short Line 1st
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mortgage 3s
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100,
m-s
—
102
ll
j-d
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80
105%
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5s
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Utilities
AGreen Bay & West deb ctfs A_
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5
103
1961
:
74
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;i76i; 91;
6,
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99% 100
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102k
»
100
P-A
f-A
94
81
m-s
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100%
.
100
105% 106
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72 y4
63
2
95
M-N
deposit
inc debs
Northern
'Gen
►"
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1961
—1974
General 5V2S series B
it
101% 101'A
,/
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104% 104% V
•/ 2 •'' 1
~
86
M-S
4%s——1959
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89%
78 -
V 106% 106%
;
95
86
M-S
—~1971
A__"
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' 105
100
'
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,
/
1st -4s_»_-1991
vSv
Great
70%
94
100
»-
101%
Ref & impt 4'As series
!'
%
89
%
106%
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&
58
5;'
87'A
J-J
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debs
Louis
General ogold 4s;_General
142
•
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conv
Goodrich
107%
10i
1966
4s
St
A4s
60'A
71%
J-J
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E_k—1969
1st mtge 2%s ser G
1974
City Ice & Fuel 2%s debs
&
53%
101%
77
M-S
1st
5s series
Gas & Elec of Berg
94
1963
1962
East Coast
& ref
General
74'A*
96
1952
•
ser
Francisco Sugar coll trust 6s—-—.1956
106
65%
.159.-•'
87%
j-J
1963
-
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J-J
J-J
66
106%
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j-j
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Investing Co
1 126/
60%.
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--
J-J
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„
1st mtge 27/8S ser G
1
Chic & West'n Indiana
conv 4s
Cleve Cin Chic
54'/8
104% 104%
J-D
64
91%
86%
J-D
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173
y4; 72%
55'A
91%
106
86%
7i
80
70%.
94...:.;s4v-; /
106%
Apr
72
A-O
G-—1—2000
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3Vis
m%e
ACertificates
'
Chicago Union Station—
1, 1st mtge 3%s series P
City
A 1st
'
79
67
hz 94
J-J
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ser
1st cons mtge 2s ser
Ohio Div 1st mtge 3Vi8_'
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120
55%
59.
/
Vis
Firestone Tire & Rub 3s deb
C
33
105% 106
;
73
6O»A
J-J
1951
.
;
17
Ry—
.1st' & refe M 2 %-4 '/4
71%
91%
1
1951
Memphis Div 1st gold 4s_
Chic Terre Haute &
S'eastern
34
111
80
No.
100%
•>/
%
1951
Gold
48%
IT
12a
64%
'/l:
,
Bang* Bine*
January 1
Sold
f
99
* *
>
53'A
—
—
Apr
Apr
1994 ;i
A__Jan 2019
ser
"
75*
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j-j
•
A__Jan 1 2019
Pacific Ry—
1st- mtge 4s series A
.91
10
V
1st cons mtge 3
cons
Bonds
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112
-
88%. 90V2
RR—
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1989
ser
—
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v
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;
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'
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25
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Sale Price
27
RECORD
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Friday
(2811)
.
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Stock Exchange
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or
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modified
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5s stamped modified
Lehigh Valley Terminal Ry ext
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4s
Louisville
&
44 Vi
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ref
M
3%s series
ref
M
2%s
3-D
18
101,7
101%
101 il
100(1
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102
Coll
101%
109
110%
102% 102%
101
u-a
107%
107% 108%
105%
108%
2003
2003
A-O
101
1954
sink fund—Feb 11957
AManila RR (Southern Lines) 4s__1959
May Dept 8tores 2%s debs
1972
Mead Corp 1st mtge 3s
1966
Metropolitan Edison 1st mtge 2%$_1974
Metrop Wat Sew A Drain 5 Vis
1950
Michigan Central—
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1951
1st gold 3Vis
1952
Ref A impt 4Vis series C
1979
Michigan Cons Gas 1st mtge 3Vis_1969
1st mtge 2%s_,
—,——1969
1st
mtge 3%s
—1969
94%
92%
111%
109%
101
101%
101%
71
91%
70
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98
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1978
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83
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c
;
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72
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69
71
20
72
289
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1977
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1978
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1949
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1980
A-O
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88 %
.
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1981
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79 /
71%
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61
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47
16
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f,
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72
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series
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109
99%
104%
29%
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822
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99
97 Vi
99
5
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96
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102
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19
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108%
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95
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20
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104
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102%
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22
116
116
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93
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1968
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66
;
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112
117
99% 107%
103%
165
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8
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100% >'
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17
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44
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102%
102
102%
45
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1952
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75
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1985
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1960
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66
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4s ext
4s
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1990
Apr
20%
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1974
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1980
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68
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111%
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1975
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102 Vi
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8
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—
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1987
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104
'
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88%
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66
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162
88%
1
102% 102%
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1979
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1960
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'
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—
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89
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.
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1977 \
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97 Vi
31
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96
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1991
Monongahela Ry 3 Vis series B—1966
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•
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'
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* 93%
50%
65%
1962
89%
53%
70
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-
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89
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1990
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52
A
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99
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101
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.
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103
66%
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*
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101
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108
99
98%
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108
126
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101
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yy5
108
80%
70
\ 94%
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98
1967
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.
86%
74%
1
Minnesota Mining A Mfg 23/ts
A 1st St
106
j-j
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A 1st guaranteed 4s
1948
Edison
1st mtge 3s
1974
1st mtge 2%s
1975
Oklahoma Gas St Electric 2%s
1975
Oregon-Washington RR 3s ser A—1960
101%
100% 100%
A-O
'AGeneral 4s
116
:
3-3
1940
adjust 5s series A
129
109%
96%
67
98
85%
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__
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127
111
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49
29
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1st mtge 2%s—
(Wise)
99
71
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M-N
-
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89%
94%
3-D
mtge A con 4s ser B
A Gen
2047
2047
—2047
2047
1975
4Vis
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101%
84
•110
3-D
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95
88
87 Vi
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1960
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100
100
A-O
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trust
(Minn)
P
1972
—
51
102%
1966
80
79
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3s
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1st
1997
♦II
102%
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109%
127% 128
79
127%
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1980
1955
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4s
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gold 3s
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111%
109 Vi
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106%
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RR—
A
8t
109%
109% 109%
109%
A-0
121%
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& ret 4%s
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121
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75
67
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46 ys
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46
74
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1952
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m-S
1997
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1974
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39%
1949
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A
1974
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42
30%
1949
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a-o
30
39 Vi
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37
42
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(P) Co deb 5s
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1962
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37
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1965
1951
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39
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Friday's
or
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27
39
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registered
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RECORD
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Bonds
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v
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FOR WEEK ENDED
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;
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98%
1
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100%
102%
:
91%
97%
26
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84%
27
97
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100%
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100%
102%
1952
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103
1961
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1986
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1952/
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1953
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A 1st 5s series B
1954
ACertificates
A 1st 5s
of
deposit
—1956
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A 1st 5 Vis series
ll981
/
118%
.1978
;
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100
102
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/
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.1937;
101
102%
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*1964
101
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Pgh cine Chic A St Louis Ry—
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.1949
3-D
98;
106% 107%
106%
4
102%
■
107%
gg 92 %
1958
-
92
■
1954
a-o
|
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t:-
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93%
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60
92%
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92
47
78%
96%
65
15
1998
p-a
2013
a-o
2013
a-o
■
—.1997
gold 3Vis———1998
registered
93%
1
j-j
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67
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73
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79%
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25
.
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;
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—
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103
102
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113
113
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.
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v
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N Y Power St Light 1st mtge 2%s__1975
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1993
N Y State Elec St Gas 2%sl
1977
N Y Steam Corp 1st 3Vis
1963
—
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K 22
%
100%"
•
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91
103
109%
109 % 110
43
103
110
A-O
♦88
m-n
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list refunding 5b
—1937
"98
76
82%
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j-j"
71%
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46%
98
r2
v
'
For footnotes see page 29.
A-O
84%
103%
102%
101%
88%
101%
89
103%
103%
100% 101%
20
101% 101%
'
89%
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3-D
a-o
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1st mtge 4%s series C
1960
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1
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91
89%
—
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90
81%
89
89%
;
81
70%
72%
' I
100
J-D
1964
3-3
101-
1st mtge 3%s_1966
1977
3-3
106;' 106
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313 ;
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11
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98
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V
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I
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30
104% 104%
13
106y8
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1983
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1958
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1968
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103
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142
145;
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220
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215
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1972
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,
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97
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.
29
•
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.
92%
31
83%
93 Vi
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Gen mtge 3Vis Series J.
92%
jr-i
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mtge 4%s series D.
Gen mtge 3 Vis series H
78%
105
ser
Revere Copper A Brass 3 Vis
Rochester Gas A Elec Corp—
Gen
52%
73%
103%
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99%:
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28
•
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107 %T
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,
106% 106%
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60% 72^'^
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.
loo?
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117
118
J-D
1977
fAProvidence Terminal 4s
V
; "70%
1,157
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79 y8
89%
1974
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-
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-97;
6
85 r
80%
'
•
.1940
—1978
♦103
3-3
.1958
1959
90% :
96%
10
r}76%
1937
,
iATerminal 1st gold 5s
N Y Telephone 2%s ser D
Ref mtge 3Vis ser E_j„4
.1965
.1958
/
"1-
*^2%
V
A-O
j-j
U1
10
yy'ii'yy'y
debentures
Potomac Elec Pwr
91
98%;r 98%
Jf-N
M-8
113
109
—
'
80
"
1955
110%
i
109% 109%
110
i!
81%
90%
;
■&
—
♦104
109%
:
64 V
'
]:.'' AGeneral 4s_
IA 2d gold 4 Vis—"—
I AGeneral gold 5s_.
:
97%
98
Jf-N
fv
101%
•104%
Pitts Youngstown & Ashtabula Ry—
1st gen 5s series B
1962
65%
60
>
92
100
•
j-j
I";
-
v
97
-
100%
Jf-N
Jf-N
,
94%
69%
62
29
64%;-
90
..2043
|AN Y Ont St West ref 4s
l.:"
•101
1st mtge 4%s series B..
82%
62
1
66
A-O
N
:
96%
96%
:
F-A
j-d
88%
76
VV
63
♦62%
•90
':
1st 4s
102
3-D
1st gen 4%s series D
APlttston Co 5%s Inc deb
Y Lack St West 4s, series A——1973
4%s series B—
__L_—^1973
f-IN Y New Haven St Hartford RR—1 '•
lACollateral trust .6s
——1940
i '-: list St ref mtge-4s ,scr Ai______a2007
A Gen mtge conv Inc
4Vis ser A-2022
)
1A Harlem River St Port Chester—
i
83
66
66
A-O
—1951
gold 3 Vis_—
/Mtge 4s Series B—
i
100%
Jf-N
Pittsburgh Steel 1st mtge 4%s
Pittsburgh & West Virginia Ry—
1st mtge 4%s series A
79%
27
86%
63
rV
1975
Mtge 4s series A^
;
•'24".
•102
mtm
13%
11%
8%
20
11
.1960
3Vis
76
74%
99 %
101%
10%'
101% 101%
F-A
1970
70%
66%
66
1986
—
(
63
121
144
65%
66
F-A
Chicago St St Louis—
mtge: 3 Vis ser E——
.1980
1st mtge 3s ser P
N Y Connecting RR 2%s ser B
it
169
"81;"4:£.
86
•80
F-A
1998
v
1
■
Gen mtge 5s series B
1975
Gen mtge 3%s series E
1975
Plttsb Coke St chem 1st mtge 3%s. 1964
New York
4
10%
97
ilOl
:v
—
y
12%
>;11
101%
—
4
■
F-A
1998
registered
65%
72
/j
J-J
1998
...
Mich Cent coll gold 3Vis
Ref
;
:
Pittsburgh Consolidation Coal—
impt 5s series C
3Vis
99 Va
99 'A
.1957
Gen
97%
93%
impt 4Vis series A
3Vis
100
98%
.1953
Cons gtd 4%s series J
Pgh Cine Chic St St Louis RR—
92%
-
.
„
•
100%
102
97 Vi
♦100% 100%
n
gtd 4s series H
Cons gtd 4%s series I
91%
95
V,;.'. V
N Y Central St Hudson River RR—
General mtge 3Vis—
1997
*
98
98%
Cons gtd 4s series F_
91
—
Ref
i
6
13
2
Cons
94%
''
80%
92%
'
p-a
47
94%
92
100% 104
5
103% 104
;
i
p-a '
Ref St
coll
no
33
Cons gtd 4s series G
a-o
•
registered
118
105% 108%
57
100% 101'A
99%
FZL
2Vis
,
100% 100%
.«.v
•
3-3
101% 101%
98% 98%
j-j
Cons 4s series A
Lake Shore
"*
100%
F-A
'■
3Vis
(f—
j-d
ret
\ New York Central RR Co—
,
"»'•
;
m-n 4 v<-98Vi
ref 2%si_.
ACertificates of deposit
St
2%s.
St
..
:
m-n
2%s_
ref
A
...
deposit
A
y>';>
3-D
.1967
ref
1st
'
i
■
1st
/
w
•
series C
106% 107%
105%
103
___
ACertificates of deposit
A 1st 4Vis series D
108% 109
106%
115%
103
j»118
Northeastern RR—
Imp 4Vis series A
115
:i05
117;
108%
j-j
.1971
A
1st A
101
"
Ref
•ii4
F-A
j-j
-
1st
•100% 102
j-d
A..,
B
1st A ref 2%s
•
99-
Jf-N
N J Junction RR gtd 1st 4s
New Jersey Power St Light 3s
New Orleans Great Nor 5s
series
General gold 4%s series C
Philadelphia Co coll tr 4 Vis
Philadelphia Electric Co—
105
1948
1st gtd 4Vis series B
3s debentures
New Orleans St
;
1954
New England Tel A Tel 5s A
5s
"
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
;
4s
tIARutland
4%s
RR
stamped—
stamped
-
*108
v
-
102%
107%
♦102% 103 Y*
107%
101
107%
105%
105% 105%
107%
104
106
•8
11%
13
7%
11
11%
11%
7%
12%
)
THE COMMERCIAL. &
Number 4711
Volume 167
NEW
YORK
FINANCIAL
BOND
CHRONICLE
(2813)
29
RECORD
RANGE FOR WEEK ENDED JUNE 25
Friday
Interest
BONDS
New
York
Period
Exchange
Stock
Week's Range
or
Friday's
Last
Sale Price
Low
Week's Range
Friday
Bonds
Bid & Asked
-
Range Since
January 1
Sold
No.
High
Low
Interest
New
York
Stock
Last
Period
BONDS
,
Sale Price
Exchange
Bonds
Friday's
or
Bid & Asked
High
Low
Range Since
January 1,
Sold
High
Low
High
96'/a
No.
102'/a
Union Pacific RR—
2%s
—1971
Baguenay Power 3s series A.
Bt Lawr St Adir 1st gold 5s
lf-6
.
2d 4s lnc bond ctfs
*77%
J -J
*100
87%
May
;—1989
88%
6oya
58%
M-iT
J-J
91%
J-J
102%
Scioto V <fc N E 1st gtd 4s
Beaboard Air Line RB Co—
U S Rubber 2%s
89%
172
80
2%s debentures
589
51%
Universal Pictures 3%s debs
106%
\
13
98%
*933/4
A-O
,1959
f
1
so ya
92
29
89'/a
103
87'/„
,
94
96
99
91
94
96
96
2
95'/a
97%
95
95
1
80
97
♦105
106
105
105
>
*
95
M-B
1955
A-O
*102% 103%
101
102%
M-ir
*127
127
127
3VsS
j-J
70
71%
133
61%
713/4
J-D
95
%
95
95%
13
92%
95%
Shell Union Oil 2Yas debs
A-O
95%
95
96 Va
52
92%
963/4
28%
conv
debentures
Jf-S
1963
.
Jf-N
1975
1978
Virginia Electric Ac Power Co—
1st Ac ref mtge 2%s series E
1st St ref mtge 3s series F—
F-A
1957
Vandalia RR cons g 4s series A
Cons s f 4s series B
1st mtge 4s series A
1996
A Gen mtge 4%s series A——Jan 2016
Seagram (Jos E) & Sons 2%s—1966
A-O
1053/4 105%
973/4
Jf-S
18
98%
*102
94%
99%
103
125
103
1073/4
103 J/4
109 % 1103/4
111
56 Ya
—.1971
Bocony-Vacuum OU 2 Via
South St Nor Ala BR gtd 5s
101%rl02%
101%
71%
j-j
ISABileslan-Amer Corp coll tr 78—1941
Skelly OU 2%8 debs
1965
F-A
*35
J-J
1976
A-O
'
101%
21
95%
43
94%
*120
...
983/4
50
101
J-D
1963
13
102
97 V*
100
3s
_1979
J-J
2%s debentures
-1985
F-A
27/as
debentures
-1987
J-J
Southern Indiana By 2%s
Southern Pacific Co—
-1994
J-J
debentures
1st 4%s
-.1977
San Fr Term 1st
Jf-N
Virginian Ry 3s series B.
1990
Jf-N
95
91%
96%
2
95%
84%
152
92%
96%
163
873/4
:94%
95%
91
103
96%
95%
■
>
Gen mtge lnc
1986
.1996
1961
J-J
Southern By 1st eons gold 6s——-1994
Devel St gen 4s series A.
1956
J-J
1st mtge 2%s series G.
-
•
.
Devel St gen 6a series A
Devel Se gen 6%s series A
J-J
95%
102
102% 1(*%
F-A
C
J-J
if-
'
94'/a
J-J
—1972
96%
M-N
1973
6
100%
92 Vb
102%
96%
97
Ref &> Imp 2%» series D
A-O
1985
1965
Texas Corp 3s deb
Texas & New Orleans RB*-
96%
*
115% 115%
;
—
M-N
104%
;
1st St ref M 3%s series B
1970
A-O
1st St ref M 3%s series C
1990
A-O
J-D
.
j.
7
/
99% 100
104% 104%
3
'
32
Gen St ref M 3%s series E
*97% 100
97
96'%
126
97 Va
-
£92%
991/4
J-D
J-D
u-a
J-D
Term RR of New Orleans 3%s—1974
79
.Jan 1960
Tol St Ohio Cent ref St impt 3%s—1960
J-D
*98
Jf-8
1949
1961
B
•«!
80%
36
62%
99
1949
134
1st
*98
2%s debentures
108
100%
88%
100
803/4
94%
10
99%
101%'
15
-
-
,
100% 101%
1992
97%
97%-
98
97%
99%/
102%
103% ;
J-D
-.1970
A-O
1960
J-J
.1949
J-J
•112%
111 »/4
713/4-73
42 %
40%
100
100%i
94
-
71%
M%
112
71
Jf-N
73
19J/4
43
30
1936
30
335
43
.1976
j3
*963/4
Wlsconsin Public Service 3%s_
.1971
j-j
104 J/a 104%
-1
»A;;
75%"
64
56
J-J.
deposit-..
93
96 '/a
.
;
104»%
103
100%
101%
99%
X
101%
..1976
'
■4-
$
92%
*94-v 95%
J-J
95
a
94
Deferred delivery sale not Included in the year's range,
Included In the year's range,
n Under-the-rule
In the year's range,
y Ex-coupon.
97%
J-D
*—
J-J
107/
99%
d Ex-Interest,
e Odd-lot sale not
sale not included In the year's range. rCash sale
not included
102% 103%
99
100
101
8
99%
15
♦Friday's bid and asked prices; no sales being
103%
98%
reorganised under Section 77 ef
^Companies reported as being in bankruptcy, receivership, or
the Bankruptcy Act, or securities assumed by such companies.
109%
96
a
101
„
transacted during current week.
Bonds' selling, flat.
•
NEW YORK CURB EXCHANGE
WEEKLY
AND
YEARLY
RECORD
NOTICE—Cash and deferred delivery sales are disregarded In the week's range unless they are the only transactions of the week, and
In a footnote in the week in which they occur.
No account is taken of such sales In computing the range for the year.
.
when selling outside the regular
we£!; range are shown
following extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week beginning on Saturday,
ending the current Friday, June 25. It is compiled from daily reports of the Curb Exchange itself, and is intended to include every security
whether stock or bond, in which any dealings have occurred during the current year..
In the
June 19, and
*
RANGE FOR WEEK ENDED JUNE 25
Friday
Curb
Week's
Range
Last
STOCKS—
New York
Sale Pxleo
Exchange
Par;/Xou>
Acme
*
Range Since January 1
Low
•
Aluminum
33/4
Alloys...
33/4
33/4
2,000
6 J/4
600
31%
6
'Aero Supply Mfg—.
::
2%
*
2*%
vAgnew Surpass Shoe Stores—
14»/a
7'/a
7'/a
Air Investors commonr^——
xli% Mar
%
i ya
i%
:7%
' 7%
90.
/
-
90 *-
—
;
convertible preferred—
-79
-peb
<•-2% Jan
-
;
■
*.♦
20 r
20
:
20%
650
'
14
Mar
—•
64 %
100
~ preferred/—
Mfg——/—
-
-
97
641/4
65%
3,300
97
973%
450
23%' 23%
common,
cumulative
100
80 *
Feb
,22- Mar
i
American Meter Co...—..
^—
American Potash St Cbem class A.
93% Mar ;
4% May
Jan
69
Jun
98
■
Class
May
25
Jan
13
Bantam
American
Beverage
53%
11Y4
100
53 J/4
55
9
2,900
36
Feb
39%
20%
*
'
Jan
21%
Jun
32'/a" Jan
19 * May
Mar
■
15'/a
4,70°
,
Feb
.
:
;::,2oo
14%
3
92:900
17'/a
1,300
32%j Jan i
18
Jun
7 / Jun
May;
,
Fep '
Feb
Feb^
.
26'/a Jun,
,
•••.-•.
•
I5
■
43'/a
45
33x/a
com,/—,—J10C
249/s
23% 24%
:i%
6U
•4%
*1'/bV'1%
59%^"6iy»
4%.'".'5 - •
6%
7'/a
———
4%'.
■
k1,400
33%
-
33%' 34'/a
•-16 V
Republics—————
29
400
31%
19
•
American 8eal-Kap common—/...—2
AmOr Superpower Corp
$6 series preferred—
43'/a
•
.
B———...——«—
,
250 '
r
40
.39% Apr
16
Feb
50
:
3'/a May
Jan
Feb
Jan
5J/4
Jan
38/:-Mar,; !V, 51'
364 Jan,
31 , Feb
36Ve Jaii
(30
Feb
J: 150
.
"^1,000
"
6,900' "•"-18% Mar-. \
:"7oo
4% Jun*
37,100
750
42'A Feb
43/4 Apr
'6% Apr
,
27% May.
.
"% Mar
v
.
.
5Va Jun
1% May,
'61'/a Jun:
5
Jan
.
Jan
Mar
56
Jun
Car Co
_1
—r__
2Y*
...I
common..
2%
1% Mar
6,600
1 J/a Mar.
— —
...100
86
89
I
400-
;
81
Jun-
2% May
Jan
2%
90
Jan
American Cities Power & Light—
-
■-
113'% May
33
31:
'
-American
_
preferred/—
Writing Paper common..
5-
American Thread 5%
American
Anchor Post Products.——
Angerman Co lnc common.
American
39
18%
Apr
1%
2,300
....
I
/
7%
■£
-
800 7
.
600
9
Jan
)
11%
common..—.
Aluminum Ltd common..
American Book Co.:
"
225
38%
31
19% May
39% May
109
275
-
American Metal Products Co.../..—2
22
92% Feb
—
11,700
2 »/a
/.....—.1.
American Maiacalbo Co..
May
.t: 3% May
22% -Apr
WiMsr
-
(. American Laundry Mach
...20
—
i American
Light & Trac common/...—25
:
.--25 :
6 %
preferred
——-—...
American Mfg Co common——J/25 ';
7
Apr-
2%
19%
101% May
.125 -*--(7- :,'-Jan'-
Jun ■'
1% Jan:.;
v
39%
1113/4 112
-
High
16% Mar
31
Feb
350
.
393/4
38%
1
1 $2.50 comvertlble preferred—...
4 American Hard Rubber ©0—.—..—36
8% May
^'l5%Peb
'
Industrlet
"■ $2
•3% Jan
%:Jun
1,900
6
-Adtorfer Bros common-——
Aluminum
'■I
3% May
38
Apr
Jun<
200
-
43%; -1,900
>
/ Allied Internat 'Investing Corp__.^,
Allied Products f(Mich) common/... wi •;
(3.75
.1
"
36
.
Alaska.Airlines lnc—_/_*———
'
2Vi
39%
Low
19
38
1113/4
9% Apr
.i-6%-.Mar'
^13,100
-
~7'/4
pfd-_.—.1..
Ahimlnum Co of America-
American Gas & Electric com——II16
..100
4%:% preferred
Range Since January l
Shares
High
18
18
American General Corp common.....104
,14%-Jun
'
860
.
AHes: A Fisher common.—
Adtimlnum Goods
American Fork St Hoe common
3% Mar
l% :Jan
'
i
•
Apr
7%
*
.3;-.'Feb
'
Southern——.——.
Alabama;Power: 4.20%
'
800
.600
^ 7 »/4
38
37
...
-fAtreonrMfg Corp; common-....—60c convertible preferred!/.—
Air-Way Electric Appliance-/
:—.
i
k'
14. ;14%
"
Alabama Great
Low
Par
>
AUxsworth- Mfg. common.—..—
'-Air rAssociates lnc (N-J).
'
of Prieeo
Mar
35
Jan
4'/a Mar
1,500 :■;';/
'
Convertible preferred/-.:—
Range
New York Curb Exchange
j
3% May
5Va Mar
3% Mar
Acme Wire Co common...
—...
Last
Sale Prion
High
Mar
2
[Adam Hat Stores Inc__
for Week
STOCKS—
Shares
ACF-Brill Motors warrants
>
Salee
Week's
Friday
Sales
for Week
:
of Prices
Class B
For footnotes see page 33.
1
7%
7%'
7 '/a
3,400
5% Mar
7% Jun
2
Anglo-Iranian Oil Co Ltd— /
*
*
Amer dep rets ord reg
——£1 Angostura-Wupperman
-—.a—...1
Apex-Elec Manufacturing Co.—w.—1
Appalachian Elec Pwr 4% % pfd——100
7'/e
7Vb
100
7 Vs.
7%
——1
7 J/4
1,400
17%
17%
1
,
6%; Feb
53,b
.
'
8% Jan
7J/4 Jun
Feb
"
17%
3
11%
104'/a
3
11%
425
3
i^400
12
1,500
104%. 106'/a
.
.
170.
.15%
3
8'/a
19 Ya Jun
Jan
Apr
,4
May
12% Apr
Feb
98% Jan^
y
101% 103%;
4
1023/4 103
1023/4
-
15
36
99%
99%
J-J
1958
99 Va
99 J/4-100 J/4
US
1967
Yonkers Elec Lt At Power 2%s
;
-
■: ' 5
64%
973/4
108 % 108
A-O
1970
Uniqn OU of Calif 3s deb
Q1-
{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.,
Jf-N
1975
1967
mtge & coll trust 2%s
95
86
993/4 100
<
-
deposit.
Powlr 2%s-
Wisconsin Electric
*
42%
.100 ya
/
;
163
ir-N
A Certificates of
U
Union Electric Co of Mo 3%a——1971
.
67%'
IOP/4
,991/a 103%
5
57
100'A 100%
j-j
4101%
■■t'JllMF' 85
♦100% 101
Jf-S /
'
57%
97
103
103
69%
59
18
87
- - 65 Yb
-101%-
101%
V
*100% 102
61 "
Trenton Gas <fc Elec 1st gold 5s
-
3
127%
94%
79%
Tri-Contlnental Corp 2%s debs
64
-
101*
u-a
IA 1st general 4s.
98%
121%
61
AAdJ Income 5s
51
108
A Certificates of
25
J-J
1960
10»
67->-683/4
64'%
.1971
S ASu Ac Du dlv Ac term 1st 4s
18
A-O
Third Ave Ry 1st ref 4s
107%,
101
M*F
Texas Pacific-Missouri Pacific-—
/
10®
1053/4
106%
,l
68
■
MS
A-O
J
108
3
38
108
i-
'
—
,
101
107 J/4-107%
107% 1083/4
108
...■'•,:}
J-J
93%
Wheeling Ac Lake Erie RR 4a
/ Gen At ref M' 2 aA s series A
Wheeling Steel 3 y»s series C.
1st mtge 3%s series. D—.
Wilson Ac Co 1st mortgage 3i
100%
89
19*
55'A
47%
j-j
101
127'/a
107 ya
55
*99 y» 100
99%
103% 106
...
97%
103
106
*53
u-a
114% 116%
100% 100%
100%
J-J
—1985
V 5
106-
106
1008%
2%s debentures
98%
96%
99i/a
97%
85
■
F-A
M-N
.
Texas .& Pacific 1st gold 5s——2000
-
F-A
1966
Winston-Salem S B 1st 4i
^Wisconsin Central Ry—
115%
97
-
94'/a
100
...
*100'% 100%
J-J
96
A-O
....
Terminal RB Assn of St Louis—
.2019
99'/a
.1967
mtge 3'/as_
•
Ref Ac imp M 4s series C
*98%
Funding At real estate 4%,.1950
25-year gold 5s
1951
30-yeaf 5s
*
.1960
Westlnghouse El St. Mfg 2%s
1981
57%
46%.;
37
95%
./
*98
100
..
Western-Union Telegraph Co-
93%
973/4
105% 105%
/
85
90'/a
Jf-N
2361
v Registered
./
.
.2361
Western Maryland 1st mtge 4s—-.1952
Western Pacific 4 %s lnc A
..Jan 2014
104%
102%
57
75%
11
M-N
West Shore 1st As guaranteed
103% 106
'
38
104%
*54%
120
98
91%
/ 108%:
108% 113 >
—
*..
,
Jf-N
1966
1966
L
,
Apr
(N J) deb 2%s—_—.1971
2%s debentures
96%
Gen
West Penn Power 3 %s series !
105
27
*109
♦102% 105 s
96 ; 96%
94%
112
4
12
98%
82
82
83%
83
983/4
.1950
Westchester Ltg 5s stpd gtd.
84%
90
,
123
98
1' 111% 113
113
M-N
ASpokane Internat 1st gold 4%i—2013
Swifts & Co 2%s debs—
■
108% 108%
J-J
A-O
2%f debs—1985
3%s debentures-*—--—,
1983
Standard OU of CaUf 2%s debs
;■
.
J-J
Southwestern BeU Tel
Sunray OU Corp 2%s debs
10
195
74
•79%
89%
76%
5
93%
/ / 95
98
A-O
•
80
5
119% 120
A-O
.1956
88%
82%
93
V
120
A-O
Memphis Dlv 1st gold 5s——1996
St Lohis. Div 1st gold 4s—
.—1951
-Standard OU
88%
//: ,82%
J-J
1956
'
,
101%
Apr
Apr
Apr
Jan 1981
Jan 1991
Baking Co—
5%s debs (subordinated)
1970
Warren RR 1st ref gtd gold 3%S—2000
Washington Terminal 2%s ser A
1970
Southern Pacific RR Co^*
1st mtge 2%s series B
1st mtge 2%& series P—
109
96'A' 100 »/a
10
Ward
97%
100
series A
4%s series B
1st mtge 3'As series B
1971
Walker (Hiram) G At W 2%s debs.1960
Walworth Co conv debentures 3%s.l976
104
84%
*__102
-
—
104
99%
99%
99%
RR Co—
Gen mtge 4s ino
99%
78%
'
90
94'/a
99%
3
W
Wabash
102%
15
99
100 &
104>/a
100
A-O
96
95%
103%;
'
J-D
mtg 3%s ser A.197B
94%
*83%
Jf-N
-1981
Gold 4Yas
94%
110
♦—
J-J
1950,
124
98%
.....
■—99
E-8
-1969
(Oregon Lines) A.
Gold 4%s
*101%
100
*107
Jf-S
gold 5s_. 1949
2003
1013/4
91%
123%
...
Va Iron Coal Ac Coke 1st
Va Ac Southwest 1st gtd 5s
1st cons 5s—
Southern BeU Tel & Tel Co—
N
,
95%
6
a—
106%
91%
J-D
—1989
93
99
60%
101% 102 Va
91%
.,...
92'/4
*98%
Af-N
.1967
20
l„
U-f
A-O
.1976
debs.
101'/a 102'/a
101%
Af-8
..1966
89%
60%
106
-.Nov 1989
Gen St ref gold 5s series A
1990
St Paul St Duluth 1st cons gold 48-1968
St Paul Union Dept 3%s B
——1971
81
99%/ 99%
—
J-J
United Biscuit 2%s
75%
,80
79%
F-A
.1991
2%s series C_
99
70
80
.1970
debentures.
Ref mtge
96%
—
*76'/a
A-O
—....
Bt Louis-Southwestern By—
1st 4s bond certificates
*100 Va
J-J
—.1996
2d gold 6s
_
..1996
St JL Rocky Mt & P 5s stamped.
.1955
Bt £fouls-San Francisco By Co—
1st mtge 4s series A—..—*—
—1997
A2nd mtge lnc 4%s ser A—Jan 2022
.
108% May
,
THE
(2814)
COMMERCIAL
NEW
YORK
RANGE
Friday
Last
stocks—
York
New
-
Bala Price
Exchange
Curb
Week's
Rang#
Inc
Arkansas Power A Light $7
American
Associated
Atlantic
Coast
Atlas
Corp
Atlas
Line
Plywood
114
May
14
Jun
Apr
700
6%
%
825
3%
1,20 Or
63 i
50,
6
30
30%
1,900 i.
1%
*8%
'8%
8,200
„5
„3
14
■
1%
Commodore
Jun
4% Apr
64% Jun
7% May
32
May
6% Apr
\
Mar
it: 3% Feb
21% Feb
4% Jan
6%
Feb
9%
15%
Consolidated
7%
400
10% Mar
24% Feb
25% May
Continental Car-Na-Var
26
—
59%
26
100,
15% Feb
27
Continental Fdy k Machine
Cook Paint & Varnish Co.
Jan
Jun
Baldwin
Rubber
Banco de
36
Co
—1
common
10
10%
:
shares
mtm
.
Corp
Seelig Mfg—
$1.20 convertible A
—-1
1
7%
6%
Baumann
5%
5%
1
14%
14%
-1
.2%
,(L)
common
& Co
common
common
1
Shoe Corp
(A S)
Aircraft
Bell Tel of
common
Canada
Hedges
Convertible
Blckford's
preferred—
Inc
common
(S)
(H C)
& Co
Co
15
1,100
1%
270
125% Mar
200
0%
—./■■
8% Mar
19
Jan
■;V77;7
mm..
1
17'A
17%
500
7%
625
6% Mar
41.
11,900
9%
_
—-——25
>
v,
300
I
150,.
110:
26%
Bourjois
17 %
26%
17%
1,800
-
British
•
Tobacco—/'//■■
Amer
dep rets ord bearer
Amer dep rets ord
reg
British Celanese Ltd—
<
Cuban
5 %
14%
20%
21%
600
Cuban
30
11
2,200
1%
Jun
2%
Jan
2,400
11%
Feb
15%
Jun
36%
36%
37
40
Jan
£1
400
2%
15%
:•?€
%
3,500
2,900
ta
Feb
30
2
.
Jun
2%
Jan
Feb
17% May
% May ';///
% May
9% Jun
11% Apr
3% Jan
6
May
.
9%
4%
5%
14%
14%
700
13%
Jan
8%
8%
9%
II,900
4%
Feb
55
56%
325
50%
50%
52%
5,000
1%
1%
1%
3,500
•
Jun
8%
V
14%
9%
1,200'
9%
1,500
15% May
9% Jun
-
'
46
10
~8%
10
10%
8
4,100
"5% *3%
33
34
17%
17%
18 !
2%
101;
•
2,700
3
20'
200
35
Jun
20% May
104 V*
7% Mar
Jan
11% May
4% Marq
200
;
May
3% May
;/;3". : Apr
100% Mar
400
Juir
16
Apr V
16% Mar
:
16
Jun
9 % May
9
26
^
15%
10%
1% Mar
1,300/
~7'v *7%
4% Jan
53% Jun
1 % Jun
Feb
5% Feb
13% Mar '¥:■[
••/'3 ; Mar
5,600'
101:
Feb
Feb'
6% Feb
5% Mar
500"
9
~3%
1
6,400
8'
■
8.
37%
//
56% May,
/ Mar
4%
2.50
5
(Mo)
47
Mar
600
13% Mar.
.3.50
Davidson Brothers Inc—
—1
8
V Jan
16% Jan
34
10
—35
Dayton Rubber Co class A
._50c
Dejay Stores common
Dennison Mfg class A common—
5
Feb
23
Jan
14% Jun
Derby OH Co
Apr
16
Detroit Gasket
Jan
debenture
8%
Fen
Detroit
13%
Diana Stores
9%. 10%
33%
33%
7%
10%
/. 50:
10%
Jun
35%
Feb
8%
Jun
300
8
10
10%
3,500
28%
30%
4,300
9%
140
—8 %
Steel Products
—
2%
:
2%
27%
12% Feb
2,700
28%
27
3%
1,100
Jan
Dobeckmun Co
Apr
2%
Jun
Domestic Credit Corp class A
Dominion Bridge Co Ltd
~7%
7%
7%
Apr
Feb
31
Jun
Mar
11%
Y 3%
Jan
2% May.
•.
Jun
;
9%
3%
29
1,900
15%
5,200
Feb
28%
Jun
Jan
14'
Jun
5%
1,100
3%
18%
Feb
3,800
Distillers Co Ltd—
2%
23%
11% May
140
Apr
12%
Corp common—-— IBo«
2
Jan
Jun
9
—10
9% May
37% Feb4
18
k
Devoe & Raynolde class B
Jan
Jan
5% Mar
.
Jan
6%
33..
1,800
33%
..100
common
Manufacturing.. —I
Detroit Gray Iron Foundry.—
1
21% May
Feb
29%
.4%
Davenport Hosiery Mills
Feb
,
12,000
,
14%
14%
100
common
Mfg Co
19% May
11% Mar
,
47
2%
5
i.
Tobacco
Jun
D
Jan
11
—
Jun
2%
;
£1
Jun
5
11%
15%
2
•
10
Curtis Lighting Inc common
Curtis
May
May
15% Mar
107
•
.
21
Feb
2% Mar
14%
Jun
Apr
8% May
600
Jan
72%
25,000
Feb
44
10% May
50
22
8%
2,600
•
5
100%
15
«
25c
common
preferred
Jun
Jan
70
114% May
105% Jun
80
3,600
10% -11%
3%
8%
//
-
Jun
129
8%
175
Feb
Jun
'M'
100% 103
4%
5
(Md)
Atlantic Sugar
9%
13%
—
9%
22
6%
x62 %
% May
Mar
24%
600
224
•
American
8% Mar
13% Mar
—*
British-American Oil Co
Jan
9% May
4
11
103
.
1
• fr
1
"A" partic
Co common.
:
Crystal Oil Refining common
$0 preferred
Jan
11%
700
7,400
103% 107
5
Cork Internat'l
14%
9%
-
Class A
Feb
Feb
33 % Mar
113
70
17%
,
Inc
•
Brazilian Traction Light & Power--—•
Breeze Corp common
1
Bridgeport Gas Light Co—
*
Bridgeport Oil Co—
•
Brlllo Mfg Co common
10
49
125% 126%
—
2%
*
(ord reg)—£1
receipts
Petrol
Cent
Crown
Apr
'.'34 Y' Jun
18
8%
64%
63%
50
Crown Drug
22
16% Mar
11%
<■
45 %
—
100
Borne, Scrymser Co
100
3%
3%
•
common
8
Apr
u%
3
1
•
1st preferred
17%
8
8
10'/a
v
29% May
8/
46%
—1
Petroleum
Crown
May
17 "Jan
3% Apr
147% Jun
Jan
A May
25% Mar
1
Brewing Co.
Crosley Motors Inc
Crowley Mllner k Co
7
14% Mar
800
.7,
Apr
fs Jan
450
•
convertible preferred
American dep
15 % May
5%
I,200
*
Croft
17 V*
Jan
5%
100
i 31
Mach Co com-*
common
Feb
.
Inc
Creole
Apr
5% May
39,600
Courtaulds Ltd—
Jan
7% Jun
38%
A
107% Mar
1
•
5c
Cosden Petroleum common..
Apr
7% May
1,900
f
5%
9
7:;
11
10% Mar
.7%,
*
Ridge Corp common
Blumenthal
"9
15
'
2%
2%
145% 147%
*
Jan
Feb
Feb
'j» 6% May
•
Reynolds common—
preferred class A
$1
4%
/
May
7%
Apr
Feb
Feb
Jun
9 %
4%
1
Co
Corroon &
Jan
14
4% Mar
100
•7
mm m*
—-—1
common
Birdsboro Steel Fdry &
Blauner's
common
1%
Mar
20,300
16%
s/
'
1°°
Benrus Watch Co Inc
Benson &
16
1
Ties
Beau-Brummel
Coro
Jun
Jun
10%
Basic Refractories Inc
Bohack
61%
37
200
**7%
7
16%
Blue
Feb,
Jan
'
(Yf/i
0
Beck
100
5 %
Steel
&
Bellanca
45
34!
1,000
/
los Andes—
American
Barium
Barlow
60%
35%
•
3%
29%
-
1,050
Jun
6%
.
1
Corp
Cooper Brewing Co common
Copper Range Co
;
Cornucopia Gold Mines—;
59
30
5
10
_•
6 *
6,400
-
14
Jan
29%
64
/
1
& Smelt Ltd
Consolidated Royalty Oil
Consolidated Steel Corp common
14
Locomotive—
preferred
Utilities——
Gas
Consolidated Mining
Apr
500
6%
37
>
6%
4%
%
8%
•
preferred series C—
4%
1,800
28%
100
—100
:
-
7% Feb
3% Feb
16,800
•
7%
6%
1
High
29%
-
1
series B preferred
4% %
6%
5%
37
1,000
4%
fz
25
14
.25
Babcock & Wilcox Co.
1
warrants—
Consol G E L P Bait common
•:*
37
'Low
14
6%
"•
76%
Inc
k Southern
7%
6%
25
1956
Vtc ext to
B
Baldwin
Hotel
13%
6%
7%
*•
1
Community Public Service:
Compo Shoe Machinery—
Jan
11%
52
300
6%
Feb
—1
Range Since January
High
6%
Development ordinary..
Colt's Manufacturing Co——
8% Jan
6% Feb
2% Mar
Low
Colorado Fuel k Iron warrants
Jun
23
1
6% preferred
Ayrshire Collieries Corp com
Feb
Feb
30%
„1
& Sons common
Sand k Stone Co.—
%
62%
Automatic Voting Machine
Avery (B F)
Airlines-
Colonial
Feb
~6%
Products Inc
Colonial
Jan
10%
12%
3%
—50
Corp
Colon
8% May
10%
10%
10
III
Co
5,300
Par
12,900
I
10
warrants
Automatic Steel
22%
Range
■U ot Prices
Exchange
Cockshutt Plow Co common—
Commonwealth
class A
Fisheries
Atlantic Coast
112
30-
14
20l/4
Curb
6% May
8% May
4% Feb
10% May
700'
£1
dep rets reg
Laundries of America-
Associated Tel & Tel
12%
20%
«
25,100
stocks—
.
York
Now
High
4% Feb
4% Feb
3,800»
8i/t
10%
14
:
1
25
Week's
Low
113% 113%
—
2~ 50
Monday, June 28, 1948
EXCHANGE
WEEK ENDED JUNE
Range Since January 1
800
8%
7%
10%
•
pfd
Equipment Corp
Ashland Oil & Refining Co
Associated Electric Industries—
CHRONICLE
..
Bkares
5%
7%
77/e
Ilio
preferred—-
CURB
FOR
for Week
High
5%
8
*
Common class A non-voting
Aro
5%
•,
Arkansas Natural Gas common
6%
Low
1
~
FINANCIAL
Sales
cf Prices
Par
Argus
&
7% Jun'
„
Amer dep rets ord
reg
British Columbia Power class
A
Class B
10s
Amer
>
•
22%
22%
•
Brown Forman Distillers
Brown Rubber Co common
Bruce (E L) Co new
22%
2%
26%
2%
1
26
25
250
2,900
1
11
11
29
29
29
27%
28%
•
Buckeye Pipe Line
•
20
100
11%
2.50
common
Bruck Mills Ltd
1% Apr
16%
1,400
'/;/
May
Jan"
7-
Jan
27% May
12May
Feb
200
25 %
300
dep rets ord
—£1
reg-
Dominion Steel & Coal class B—
Jun
Jun
Draper
.25
15%
14%
Dominion Tar k Gbem Co Ltd—
Dominion Textile Co Ltd common-
Corp
11%-
11%
10"% Mar
23 %
12% May
23%
73
Driver Harris Co
24%
1,400
16
1
24%
17%
14
16%
17%
% 7;
1,750
7,500
2%
2%
10O
12 %c
25c
\h
1,000
%
2% ,7 71,400;
—
—
ri;
Mar;
-f
-'-C
Jun
17% Jun
1 % May
3% Jan
Feb
2% Mar
11% May
12%
Amer
Jun
16% May
73%
450
65
Mar
38
39
100
36
Jan
■
40
„£1
reg
mum
f
*
II
16%
11%
Jan
8
Jun
14
Jan
5
V4 May
11%
100
16%
1,000
5%
May
3% Feb
12% Feb
8
:
Yl 11%
—
IIIi
Duro Test Corp common
Duval Texas Sulphur
Jun
;83!
74% Mar
Durham Hosiery class B common.
Jan
U% May
79 V4 May
Feb
72%
AO
dep rets ord
Jun
29
/
May
11% Feb
Dunlop Rubber Co Ltd—
Apr
12%
3%
~9%
Duke Power Co—-
13 V Mar
11%
15
v/ Jun
2% Apr
21% Mar
y9
m
———
2.50
Bunker Hill & Sullivan
Burd Piston
Ring Co
Burma Corp Amer
dep rets
Burry Biscuit Corp
Butler (P H) common
9
29
29 %
17% Mar
9%
•v
IIIi-
32
May
12% Apt
common
2,500
Jan
16V2
Jun
c
Cable Electric
Products common——6O0-
Cables
5%
&
WirelessAmerican dep rets
5% pfd
Calamba Sugar Estate
California Electric Power
Callite Tungsten
1
common
3%
•
non-voting
11%
11%
11%)
1
10%
10%
11%/:
1,100,
2%
2%
Feb
12,300
61%
52%
18
:
May
100
Jun
;12% May
139%
1% Feb
35
2%
57
8% Jan
10
4%
4%
Apr
400
3% May
6
Jan
48
Y
4%
4%
48
53
Apr
110%
6%
Jan
Eureka
•
1.
~5% 1%V
/
"7% _7%r;
5%-.
:
900
1
5% Jun
7%
83
May
Apr
58
Jan
'4%
2,000
83%
150
57
Feb
78
400
53%
Feb
11%
700
10% Mar
50
2'/4 Mar
4% May
May
81% May
88
Apr
55
56%
325
Feb
58%
Jun
13%
12
13%
1,600
8%
Feb
14% May
15%
$7 2d pfd A—*
13
55
14%
16%
110,500
9%
Feb
143%
'
141% 145
5%
310
6%
126
3%
3%
3%
Feb
3%
1,900
new common.
Inc
Feb
13% May
2% Mar
1,200
15%
16% Jun
Jan
146
6%
Jun
14% May
3% Jun
Feb
27
Jun
42
95
7%
V
2%
preferred
43%
96 %
80
8
2%
Feb
46
Apif
92
Jan
98
Feb
6% Feb
11
Feb
15
18,200
43%
125
43%
7%;
1U
600
•
1%
87/o
Jan
Jun
2% May
Mar
41
Feb
46 y* Jun
'
.7%
700
2%
29%
Apr
8% May
3% Jan
Jan
30% May
Jan
28%
'
30
21%
6%-Feb,
1
28'
25,900
'
Jan
c
7%
2%
Ltd
Eureka Pipe Line common—.
:
2
7%
——
Corp
Mar
11%
common—
Esquire Ine
4% May
5% Mar
Jun
Apr
common
convertible
May
86
65J/4
preferred
$3
7
Feb
76
450
75 %
Empire District Electric 5% pfd—
Empire Millwork Corp
Emsco Derrick k
Equipment
Equity Corp common
Jan
Apr
Co
3%
425
76%', 78X
Associates—
1
Elliott
:
82%
83%
—1
5 %
Jan
Jan
3%
4,400
—
1
10
Catalin Corp of America
160
108%
4%
?V
& Co
49
—.
Amer dep rets B ord
1
2s> 6d ♦;
Carter (J W) Co new
common...
IV
Products common
Casco
(
Jun
86
54
—*
beneficial int—
Electromaster
Jun
Mar
200
1
Sugar
shares of
Electrographic Corp
Jun
83%
77%,
3%
A
Share
Electric Power & Light
Option warrants
12% May
5%
86
—25
pfd shares of beneficial int.
Washing Machine class B—
$5
Easy
9
—•
series
5%
10k
-100
—
preferred series B
Com
xl4% Mar
8%
Ltd—
preferred
Eastern
Jun
1
•
Light $5 pfd
Carr-Consolidated Biscuit Co
$7
$0
18% May
24%
Feb
139%
2%
common—
Electric Bond k
500
—
*
;
Feb,
2.50
Carman & Co
Carnation Co common
Carolina Power &
(A M)
Feb
Assn
prior preferred
preferred
Eastern Malleable Iron
Eastern States Corp
Apr
3%
May
Apr
xl4% Mar
•
*
Marconi
20
Feb
22 %
550
% May
4% May
16 %
—100 Y:-
Capital City Products
Carey Baxter k Kennedy Inc
24%
Jun
8
Jan
12%
23%
—•
Canadian Industries Ltd—
7% preferred
Castle
2% Mar
6%
k Fuel
4%%
8%
6% Mar
800
3% .3%
•
2% Jan
Feb/
4,200
y
--
Class A voting
Class B
Carreras
8%
6%
18
20
Convertible
preferred
Canadian Industrial Alcohol—
Canadian
3%
7%
■'
7 900
•
common
11% Apr
2% Mar
'
6
Ltd
Canada Cement Co Ltd
6%% preference
Canadian Canners Ltd
3% Feb*
1,700-;
"i% ■ri%:v
7%
1
Camden Fire Insurance
Bread Co
6
East Gas
*8%
1
Corp
Canada
5%
£1
24
75
—
7%
311:
Jan
6,:
1,900
Mar
38% May
8% Jan
Central Maine Power Co—
3.50% preferred—
Central Ohio Steel Products
Central Power &
Light 4% pfd
Central k South West
Corp—
jCentral States Elec 6%
100
81 %,
-
1
5
Century Electric Co
1929—
—
Chief
Consolidated Mining
'
/
Cities Service common/
10
City Auto Stamping
City & Suburban Homes
10
Clark
Controller Co—;
Clarostat Mfg Co
Claude Neon Inc common
Clayton k Lambert Mfg
Clinchfield Coal Corp common
Club Aluminum Products Co
18%:
550
13
Feb
320
54 ' '
Feb
13';
12,Y Feb
100.
10%
4%
4%
1,500
7%'
300
11
100
Apr,
3% Feb
-7%
11
Feb
Jun
8%
Jan
13
t
16"%
16%
16%
6%
6%
400
6%
6%
1%
6%
300
5%
Jan
7% May
7% May
1%
33,300
%
Feb
1%
Jun
60%
66%
31%
Feb
66%
Jun
13
1%
61%
-i
V
—
54
Apr
300
15% Mar
18
5%
14%
47,500
1,100
9%
100
11% Mar
9% Feb
11
18%
18%
350
14
4%.
10,500
1%
3%
3%
43,500
1
8%
—
Jan
.
19
Feb
3%
3%
45
Jan
9%
3%
*
8%
44 V2
45%
6%
6%
•.<
Jan
70
i
4
200
2,400
100
Feb
%■ Feb
7% Mar
24'
6
Flshman
Jan
Feb
.
Jan
to
5c
Ford
Ford
5-
-
2,500
9%
12,700
2,100
5%-
3%
Jan
10%
Feb
46.
Jan:
:
13%
—'Y *
5'6'Y57/;;
II
I10
36%
36%
25
4Va
4%
800
14%
110
2
—1
Class
B
—1
Fort
Brewing Co—
Brewing
•
—
(Peter)
Fuller
conv
preferred^
(Geo A)
58 %
Jun
3% May
38% Apr
4Y«May
18'
Ap£
5% Ma*
I ilooo/
16%
Jan
50-
.18%
Jan
24%
Jun
1
Feb
2 •*
Jan
21%
21%
22%
22%.
1%
107 :
1%
V 9%
1%
10 v
.1,800
7% Feb
10
12%
12%
13%
500
11 Va Mar
.19••
Co
.
.23
May
.
;/■■-/
1;;:
-1.25.
Franklin Simon k Co Inc common
4Va%
Apr-
'JU x
_
of-France—
dep rets bearer
Pitt
4Va
Canada—
.
Amer
Jan-'
14% Mar
—£1
non-voting
voting—.
Motor
Jan
34
Jun
5% May
15%
"
*
Stores—
Motor of
Ford
Fox
:5%
.10c
i
dep rets ord reg—
Class A
•:
21%
14
(Phlla)-;
(MH)' Co—
$1
1
—4
—
Motor Co Ltd—
Amer
>
150
■Z
Fire Association
Jan
25%
Engine & Airplane
Metallurgical
'
First York Corp common
$2 div cum preferred
86% Jun
21/ May
21% May
14 % May
5 %' Apr
64%
20% Mar
Fansteel
Jun
64%
400
Falrchlld
10% May
21%
64%
22%
1
20
Mar
400
11%
Falrchlld Camera & Instrument—
81 % Jun
19% May
85% Jan
22%
5
1
100
18
11%
11
—
18
17%
,
7%
—
:—•
1
Feb
22%
10
*
16%
82% Apr
8% Feb
81
4%
5
—4
17,400
74% Mar
.
18
18 /'
10
ctfs—
60
300
78%
17%
—/
1
2.50
common
81%
18%
79%
—
10
Cherry-Burrell
common.
Chesebrough Mfg common
Chicago Rivet & Mach.'
Chicago & Southern Air Lines
Voting'trust
;
100
common-
Chamberlin Co of America
Charts Corp
•
100
Cessna Aircraft Co common
18%
18%
—100
,
80%
"9% "9%
9%
preferred—100
7%. preferred
Conv pfd opt div ser
Conv pfd opt div ser
I
—
100
*—50
5
..
*j'
I
5,300
7% Mar
',/
25
7
u
/
10%
11
400
15
3,100
.
Mar
8% Mar
°
Jun
Jan
7% May
s
Jun
12%
Jan
32
14% May
-
Apr
Jun
4%
Jun
4
Jun
Garrett Corp common—
Jan
Gatlneau Power Co
10%
47% May
7% Jan
5%
common—
preferred
Gellman Mfg Co common
2
13%
13%
*
16%
/16%
100
1
92
.
•9%..;
90;,
8%
16%
92
.9%
9
Feb
700
16
"Jun
50
84
Feb
5,800
6% Mar
15%
Jun
16%
Jun
92
Jun
10%
Apt
Number 4711
Volume 167
THE
COMMERCIAL &
NEW
YORK
RANGE
:
Week's
Friday
Last
STOCKS—
^
New
Low
JUNE
25
Range Sinoe January 1
High
2%
Co
2Va
Low
2%
5
*
General Builders Supply Corp com—1
5% conv preferred
25
Alloys
4%
5
New
,
York
Curb
High
4
,1% Mar
1,000
4,000
25%
....
Jan
(Walter) & Co
Kimberly-Clark Corp—
27y4May
Apr
9% May
4 % %
General Finance Corp common
5%
preferred series A
General Fireproofing common..
General Outdoor Adv 6% pfd
General
Phoenix Corp
Plywood Corp new com
General
General
Public
General
Shareholdings Corp
preferred
—
preferred
Gilbert
(A C)
Preferred
Gilchrist
Gleaner
Class
Mar
Feb
100
Apr
Knott Corp common
100
10
5%
Jan
95
1,500
140
2%
B
Laclede-Chrlsty
Jun
300
16
52
11
35
75
29
2% Mar
1,000
54
Apr
12
Jan
Apr
35
Jun
18%
Jan
24
15
2,700
14%
Jun
21%
15%
2,300
12% May
15%
700
3%
Jan
Jan
50%
22%
Feb
28 Vi
91
Apr
ft Mar
>
54
•
60%
Graham-Paige Motors 5% conv pfd—25
Varnish
*——1\.
Gray Mfg Co
5
15%
60%
Feb
Mar
12% Feb
Mar
7
Non-voting common stock.
•
% 1st preferred
„——100
Gulf
States
117% 118%
138
137
8
pfd——100
$4.40
Gypsum Lime & Alabastlne
8%
105
120
Lit
105"
Hammermill
10
Paper
Hartford Electric Light-—-.
Hartford Rayon
May
99% Mar
Hat Corp
common
3%
600
7%
■■£
7%
350
5%
44%
9%
Long
30
Mar
51
40
50
Apr
4
2,300
,105
2%
„—1
_—•
8%
8%
16
9%
Hecla
Stores common
5
Mining Co
Helena
25c
Rubinstein
-Glass -A
13
12%
13%
i;600
10
•
9%
g3/4
*'• -__
• -^ ■
10%
10%
11
common
13% Mar
r5%&preferred w w——-100
4%
preferred
w
16 V2
& Co class A
<R)
r
'
>
4
Hormel
Horn
(Geo A)
Co
&
1
*
6
•••<•
350
48
7%
7%
3%
1,400
Apr
Jun
73
?•
Service
Hurd
&
7%
100
28
3
250
431/3
431/3
McAleer
Lock
33%
■■■
Common
stock
103%
30
1st cony
5
&
V
preferred
5%
-
.
;
Jan
Mead
Jan
Menasco
Johnson
Mar
Imperial Chemical
Apr
44 y4
6% %
Jan
41%
Feb
Feb
31% Mar
105%
Jan
148
?
4
11%
-•
5
600
150
30
Jun
2%
16
Feb
Feb
400
11,200
16
15'A
-
X1
lft
.
1,600
53,100
,
lft*
90
90
Insurance Co of North America
.—10
xl02
International Cigar Machinery
•
>„
$
-
,
—50
coupon
101
,
;
11% Mar
—*
Utilities
common
-
5
"
Royalty
1 /
Mfg voting trust ctfs—*
Irving Air Chute
1
Preference
104%
:u
.
24% Jun
7%
Class B
7%
Jan
59% May
16% Jan
:
.
1%
12%
■
5% Feb
17
May
56
Jan
Mar
60
Jan
250
44
Apr
55%
Jan
23%
22,800
15
Feb
23%
Jun
110
Apr
15
Feb
'
■—'w
•
17
18
•
900
112
Jan
Jun
18%
Feb
7% May
17%
15
Feb
17% May
16
12
Feb
16%
Jun
27
Jun
5%
7%
Feb
3%
Apr
8%
Feb
13
May
13% Mar
18
Jun
11%
12%
18
5%
5%
"l%
"I3/4
8,900
36% "39%
4,600
4%
y*
'
Feb
6%
200
V
1%
•39
*
,
.
10%
10%
19
V/
19%
l93/4
6% May
Feb
8
^1V* Mar
V
May
2
Jan
227/a Mar
39 Va
Jun
37 y8 Mar
•
•
.
44 v4
Apr
9%
Feb
173/4
Jun
200
2,300
mm
'
/
12% Mar
25%
2%
;
1%
Jan
12
2.50
6%'
Mid-We6t
Co..
...
4%% convertible preferred
Mining Corp of Canada
Minnesota
Power
&
Jun
Feb
8
Jun
7%
30% May
2% May
Feb
9%
6% Mar
19
/
-
10
Feb
8%
3,400
53/4
Feb
10%
19,000
7%
Jan
Apr
29% May
Feb
8%
Apr
10'/a May
11%
12%
1,875
10 y4 Mar
26%
100
233/4 Mar
22 3/8
23 3/a
250
19 Va
Feb
43/a / 4%
4%
600
3'/a
Jan
5
Feb
24
Feb
22 Va
22%
12
Molybdenum Corp
Monogram Pictures
_50c
17
Jan
2% May
12% Jun
Mountain
22%
43/4
10,900
8%
8%
'
7%
8 3/4
pfd„I100
''«■:
*
900
13%
2
Mar
7
:
Jan
«-i"
mm •
100
3034
Jan
8
7%
:
1,400
34
34
*-
18
100
4%
~4%
22%
22%
•
Public Service common
13% Jun
« Mar
4%
Jan
9% Mar
200
Jun
Mar
107% May
% Mar
2V4 May
20% May
7%
13%
800
5 ■*
Mar
}•>
28
Jan
25%
5
Apr
Apr
May
Apr
Jun
Jun
9% May ;
35
—
May
8% May
26%
26%
7%
73/4
—-i.
96
Mar
104
Jan
50
233/4 Mar
27
Jan
1,300
6% Mar
8% Mar
9,300
'
2%
Feb
5%
May
96%
Jun
99%
Jun
103 y4
Jun
2%
Feb
-
4.40%
cum
4.80%
cum
Feb
31,200
9%
Jan
Feb
7% May
4%
Feb
9%
Jun
4%
Feb
6%
Jun
Apr
8%
Feb
25% Jan
15% Jan
125% Jun
100
11% Mar
,17% May
500
15
Jun
7%
:
< »■
(
pfd————,
-
class A
class A
96
—
99%
—
2%
96%
99%
27/a
12
12
12%
*
175
175
177 V2
280
Mountain
"Producers
95
170
States Power common—
States Tel & Tel
10%
*
—
•
;
■
Jun
40%
Jun
1,600
3%
16%
16%
Feb
32 y2 I
1,100
950
12%
30%
4%
31l/4
26%
Jan
7%
Jun
Feb
97% Mar
4% May
17%
Apr
33% May
110%
Jun
107% 110%
110%
*
178%
4%
4%
16%
j
100
Jan
60
liy4
13'/a
30%
12
13%
200
900
200
11% Mar
13%
11%
14% May
14
14%
900
13% Mar
30
—
25%
Jan
33 % May
Jan
10
12
13 %
10
14%
1
5%
5%
53/4
300
4% Mar
6% May
1
4%
4%
4%
17,600
2% Mar
4%
33
33%
1,200
29 Va Mar
35%
373/4
373/4
25
33%
Feb
37%
11%
Feb
2.50
common
:;
Corp
Inc
*
common
1.
National
Bellas
National
Breweries common
7%
Hess
common
*
National
Fuel
Gas
r—•
1
National Mallinson Fabrics—
National
Mfg & Stores common——1
National Pressure Cooker common
2
Rubber
17
Mar
National
4
Jan
30c
9% Jan
11%
11%
11%
8,800
14%
143/4
600
Feb
16%
14%
14%
100
123A
Apr
16
143/4
15
700
14%
Jun
17%
14%
9'/a
8%
10
9%
10
1,300
600
——
<—
3%
12%
..
7% Mar
9% Apr
15
Mur Co
class A
—
Mar
4%
4%
1,000
3%
3%
3%
3,700
2 Va Mar
Feb
6%
12
6%
500
100
Jan
Jun
Apr
May
Feb
10% May
11% Feb
22 Ve
Jun
4% May
33/4
8%
Jan
13%
13%
11%
*
Jan
Jun
Jan
14 %
—5
5
Corp
Neptune Meter common
Nestle Le
10%
—
•
.1
Transit common
(Herman)
33 %
(-10
Machinery
National Union Radio—
Nelson
•'
25
preferred
Feb
153/4
4ya
Feb
'
25
Apr
3% May
13% May
34% Mar
.10
Mountain
Jun
.
96%
100
1
10c
Murray Ohio Mfg Co
Muskegon Piston Ring
Muskogee Co common
1
,
100
25
400
2,400
pfd
Morris Plan Corp of America
partic
—
v
5
pfd series B—
Ward & Co
100
43/a
43%
1
1
-
1% Apr
123% Mar
20
1
.
common
Monongahela Power Co—
Apr
4%
/v
50
26
'•r
-50
Light 5%
9% Mar
700
7%
6 % May
Feb
l3/8 Mar
2,200
Jun
Jun
Feb
16
7%
10
11%
*
common!
Miller Wohl Co
14
6
7%
1,400
w.—
Missouri
i.
15%
28%
.
28%
«
9 % Mar
Jan
11
1,200
28%
-50C
Apr
1%.
123% 123%
16% •16%
8%
8%
4
7 3/a
7% Mar
600
7%
common
24
16%
11
1%
8%
Jun
109% May
Feb
Jan
5%
200
l3/4
8%
—1
Abrasive
Moody Investors
2,300
/
95/a
1%
8%
.
-10
dividend shares
non-cum
Jan
10,900
300
'6%
3%
;43
3,600
10%
Feb
Feb
3%
'
$2
58%
Mar
2%
T 6%
8%
9%
9%
*
_
Midland Oil Corp $1 conv pfd
Steel Products—
51
800
19%
7%
10
Monroe Loan Society com
Montana Dakota Utilities
12%
1%
19
200
108
3% Mar
•j
Feb
15,400
1,000
:l%
5%
Jan
5%
200
6,000
5%
'-■)?
8
v
15
1,100
13%
93/4
C 65/a
--
-
Feb
23% Jan
12%
9%
5%
15
—
.
1
2,600
.
V'*;;
_
•
2%
2%
9%
12% May
.
10*
1
49
49%
■
Feb
1
_
Corp—
16% May
1% Jun
20%
page 33.
% Mar
200
33,600
2%
-
National Steel Car Ltd
see
9% Jun
Midland
3% May
Jan
25
National
For footnotes
7% Mar
55%
:.v.
t c
Ex-dlstributlon
Jan
42%
v
Middle West
Jun
:
Inc
24% May
37%
_
National Radiator Co
Kennedy's
Feb
22%
6
92%
...
Key Co common
Jan
18
47%
——
900
Co
pfd.
Jun
26%
Apr
-
96
common-
Kalser-Frezer Corp..
Kansas Gas & Electric 1%
Kawneer Co
Jun
24%
Feb
May
Co
Jun
common.
—
Kokenge
%
17 ::
1
90
Jefferson Lake Sulphur Co..
Julian A
25%
Feb
55
i.
23
Michigan Bumper Corp———
Namm's
f Jim Brown Stores
Apr
1,300
8%
mmm
_
preferred—
Iron
Nachman
Jeannette Glass Co
9%
:
17%
Co
&
13% Jan
12% May
»
•
May
20
9,700
-'•"••
*
-
A
Mesabl
Montgomery
13
Iron Fireman
Superpower Corp com cl A
23%
47%
_
common
10% May
1,060
13% 713%
.
—•
Investors
,
22%
75
100
1
650
-
13% ,13%
International
11
22
;V
w'
24%
♦
lft Jun
9% Jan
—.10
Safety Razor B
25%
10
100
12
54
shares——
International
Jan
30
7% Mar
100
£1
Participating preferred
.35% Jan
109% May
r
55%
6hs„•
International Products
29% Jun
Apr
Marine
900
91
Italian
Feb
16%
15%.
pfd—100
Registered
52%
4% May
11% Mar
.11
International Petroleum
Mar
18
'
34
Jan
10% Mar
11
International Metal Industries A—
Jun
15% Mar
1,000
Jan
Jan
21
44
Apr
1,550
11%
,/>
20
1,600
& 22%
55
Middle States Petroleum class A vtc__1
5% Apr
100
11%
Hydro-Electric—
May
1%
•
May
4
125
200
—
£1
Preferred $3.50 series—
25
•
41V* Mar
20O
;
7
12%
15 %
•
v
International
ft Apr
15% Mar
24%
7%
14
Mar
9%
—
.
15%.
.Rights w
Indianapolis Pwr & Light 4%
10
9%
15%
Jan
3
57%
■
—
•
& Ireland
7
Apr
300
29%
xl4%
Michigan Sugar Co common...
6% preferred
Micromatic Hone. Corp————
900
>
3
57
12%
:—£1;
Imperial Tobacco of Canada
Imperial Tobacco ef Great Britain
May
Feb
;
Metal Textile Corp common
Jan
Industries—
Imperial Oil (Canada) coupon
Registered
—m
May
13,600
20
25%
'
•
1
88
Jun
4% May
19% May
Feb
22
21%
57%
•
dep rets registered
Amer
'
'
5
common
Warrants
4% May
Jun
x65
.31
3
22
pfd———50
common
Jun
28
28
9
%
-
'm m
'
•
Midwest Piping & Supply common.
Refineries
Co
25
Feb
6
21%
28%
V-25%
Mid-West
Zinc
May
18%
300
10
Xl9%
Jan
Mar
21
1,400
x6%
1*6
10% May
*25
_
Mfg Co.
Chapman & Scott Corp—
Midwest Oil
Illinois
200
10
McWllliams Dredging—^-,
9%
20%
200
5%
30
—
5
conv
23%
•v-'.
———
Midvale Co
5%
23%
'S '
mi*
9%
1
Corp common
$2.50 preferred
V
Illinois Power Co
Feb
25%
——
Co
convertible preferred
85%
4,000
41%
6%
51/4
;
—*i
Hygrade Food Products
■■
common
McClanahan Oil Co
Jun
30%
__
41%.
7
5%
1
1
-
Hydro-Electric Securities
>
__
—
,
—
.
—
23
86%
3% >
>
__
common—*
;
21 %
83
83%
warrants—a.—,
Huyler's common
7%
%
Shovel
Mfg Co
Jun
Feb
140
:
—;
Mfg Co.—
Hussman Refrigerator Co
$2.25 preferred
700
Apr
May
350
103
Inc new common—5
&
Jun
9%
9%
McCord
May
24
50
32%
__
'
Refining-
Feb
9%
9%
22%
common
Power
7%
•19
__
(Harvey)
Oil
11%
Jan
'
——
Michigan Steel Tube
Hubbell
Humble
17% May
Jun
6%
/
Ilia
International
Merritt
3%
28
__
—33%
100
preferred
5%
Feb
9%
1
-
Public
Marion
'i
__
•
common
common
Xl4%
—10
Communication Co Ltd
Jan
Mar
200
800
5,600
X19%
5
Corp
Marconi
11% May
98% Apr
96
Jan
8%
16%
"%
♦
A
(The B) Co
Mapes Consolidated Mfg Co
Apr,'
11%
Feb
49%
48
,
Baking Co
b Hardart
12
Feb
'100
6%
•
—
Horn & Hardart
60
17 %
*
,
-•
Inc
Jun
71
6%
7%
'►
«»
"
98 >-98
Feb
9%
__
49% >
5
,
..
.
—
10
v"
1
Holly Stores Inc
Holophane Co common
Horder's
,
Jun
Mar
9%
*
Manlschewitz
Jan
9%
900
Apr
9% May
"
1
Holllnger Consolidated G M
:
-98
—100-
w
Henry Holt & Co common
Hoe
.
2
Mar
24%
8
_
Macklntosh-Hemphill Co
11% May
}4
May
Mar.
10 %
200
__
—•
-.
Heller Co common
v
•
14
—
14
16
'vy. (VV.:
Island
Mangel Stores
Feb
8
—
_
Maine
6%
.700
Feb
;';H -- C> i-. X6%
Chain
Jan
7%r May
9% Jun
2,300
_
Jun
Jan
10%
6%
—'
Louisiana Land & Exploration
Louisiana Power & Light $6 pfd
2% May
16%
700
"
4% May
15%
Apr
9
lft Jan
Apr
Mar
9%
;
*
B
Steel
66%
Feb
10%
,
10%
20%
8%
——
5 ;/
:
Massey Harris
Hearn Dept
225
preferred- —25
Inc 6 %
Lighting Coctfs of dep
preferred A ctfs of dep
6% preferred B ctfs of dep
9% May
8% May '
1%
2,100
23
21
common
44
2% Mar
500
13
16
-25
7%
Apr
6%
*
2 Vt
11%
Jun
9%
Common
Jan
,
Feb
1,150
__
20%
1 % Mar
100
100
9%
Lone Star Gas Co. (Texas)
Jan
Feb
44
3%
2%
of America B non-vot com—1
Hathaway Bakeries Inc
Hazeltine Corp
9 /:
43%
51
25
——1
—*
1
Harvard Brewing Co
,
8%
7%
43% f
2,600
11%
Jun
4% May
Mar
14%
■V.-.V
Co
Groceterias class
Class
Locke
Mar
f
Hall'Lamp Co—9
Hamilton Bridge Co Ltd
•
1 ft
14
22%
—10
Brothers
Lynch
'
16,100
5
Corp
-
Jun
140
8
20%
*
Longines-Wittnauer Watch Co
Feb
133
^, 42%.
3 % Mar
common
Lipton (Thos J)
14% May
Apr
36% Mar
91
138
42
common__25c
Products
Utilities
117%
25
3,900
5
Development
(R G) Inc
Material
Lionel
9% May
,12%
Oil
Tourneau
Line
18% Jan
6% Mar
Great-Atlantic & Pacific Tea—
Great-Northern Paper..
Le
Jan
65
8%
12
4ya
1ft
*
Realty
Leonard
57% May
9% Jan
16%
8%
,12
Jan
Loblaw
15
8%
50
19
—
5
B
Lefcourt
% May
Mar
6%
10
Mfg common...
Grocery Stores
Class
Jan
50
12% Mar
8%
Lanston Monotype Machine—
La Salle Extension University
Jan
84%
—1
1,800
——
1
Corp of Delaware
Lagendorf United Bakeries cl A..__
Jun
2%
Company
Mines Ltd
Lamson
May
_—•
...
1
Lakey Foundry & Machine
Jan
15%;
Lake Shore
29% May
3,000
14%
Feb
A
class
Feb
22%. 23%,
*
Mfg Co
Jun
18%
Jan
Jun
Feb
2%
Jun
47
Feb
5
23%
May
21%
Jun
60
Jan
Jan
110%
Jan
35
117
104
Feb
37%
11%
B
Mar
Apr
45%
80,
14 %
1
110
99%
40
1A
——
Krueger Brewing Co
10
60
47
18%
«
Jan
42
:
1
Stores
12 ya May
3%
10
Co
96%
800
2%
Rubber
Kobacker
23
28%
Ltd
Co common
(I B)
Jun
"4 %
28%
(D Emil)
Kleinert
5%
22%
'
5%
,
High
Jan
104
*
18%
Feb
xl05%
"4%
—
105%
Feb
Petroleum
84% Mar
75
112%.112%
\
.—
Grand Rapids
;
Klein
x9
•
$4.50 prior preferred—.
Goldfield Consolidated Mines.
Gorbam
Kirkland Lake G M Co
6V« May
93%. 95%
93%:
—1
Sugars class A
Goodman
Apr
Jun
2%
98
9
17
18
4
1,600
4%'
———5
In9_
Gorham Inc
Klrby
1
class B_.
(Adolf) Inc common—;
Godchaux
Jun
36%
100
60
Products
1,000
Feb
27
*
Coal
Globe-Union
Kingston
Range Since January l
Low
•
45
-
1
Corp
7%
/
'100
—
25
2.50
Corp
Apr
Seeley
~4%
500
;
•
Harvester
Alden
King
9
Jan
Jan
36
*
!
Co—
Glenmore Distilleries
Gobel
100
•
Gladding McBean & Co
8
V:
Shares
11%
104
"'
—100
D
for Week
High
11%
...100
preferred
preferred
34%.
7
1
—
common
7%
;
•
*
Gian-t Yellowknife Gold Mines
6% Mar
2,100
5 %
"4%
7%:
1
•
com
Georgia Power $6 preferred
Glen
V
35%.
,
'
$6 convertible
$5
71.. 7%;
7%;
preferred—•
$6
Service
Low
B
Kings County Lighting 7 % pfd B..—100
£1
1
10
•
100
1
50c
dep rets ord reg
Range
ef Prices
Par
■
/
,
Kldde
5yaMay
23%
150
Feb
7%
x24%
3%
Sales
Last
Exchange
■,
3% May
General Electric Co Ltd—
Amer
Week'e
Friday
Bale Price
STOCKS—
Shares
.
General
(2815)
EXCHANGE
ENDED
for Week
Range
Par
v
CURB
FOR WEEK
CHRONICLE
Sales
of Prices
Sale Price
Exchange
Curb
York
FINANCIAL
7
Jun
Apr
Jun
Jun
31
32
COMMERCIAL
THE
(2316)
YORK
NEW
Week's
Friday
York
Curb
Exchange
EXCHANGE
CURB
Friday
Sales
Last
Range
Sale Price
of Prices
STOCKS—
New
Monday, June 28, 1943
FOR WEEK ENDED JUNE 25
RANGE
I
& FINANCIAL CHRONICLE
Shares
Range Sines January 1
Exchange
Curb
York
New
-
Par
New EngLand Tel & Tel:—
New Haven Clock & Watch
'
..loo
C0~.
.,,20
New Jersey Zinc
New Mexico
-
70%
1
Park
Mining Co
Y
Auction
N
Y
&
N
Y
Merchandise
N
Y
Shipbuilding
Co
-
1%
•
2,900
6
1,600
1%
Feb
l
—•
:iiio
v-
10
———.
Corp—
£
<'''
;
30
>:% 13%
■'A.:
ii
Pounders shares
1
'
30
-
13%
85
14
Feb
9
Mar
271
■
100
•
Feb
13%
550
Roeser
Rolls
Jun
May
*15
Jun
14%
Feb
19
pfd F
1
9%
9%
10%
1st preferred
100
103%
101% 103%
2d
100
102
101
preferred
B
optional warrants
Niagara Share Corp class B com——5>
Niles-Bement-Pond
*,
40
102
*92%
:
103%
Jun
Russeks Fifth Ave common—
Apr
117
Jan
Ryan
May
Ryan
n
20,500
%
Jun
11%
10%
11%
6,500
8%
Jan
10%
11
11%
.2,300
Hundred Corp class B—
1
Mines
Nineteen
5
"v/b
~Ue ~lVa
1,000
1
17%
15%
3,300
','.7%
_
11%
13% Mar
Light & Power common—1
1
% Mar
Nlplssing
Noma Electric
i
9 % Mar
12
17%
North
American
Rayon
class
A-
-•
Class B common
Jun
North
American
North
Central
Northeast
North
Utility
Texas
Securities,
Oil
—;—5
Airlines
Penn
RR
33*,
48
Juri
4
May
21
1
Co
20%
•<>
2%
50
3%
21%
2%
15
2%
95
-95
Mar
2%
Apr
Mar
2%
95
97
Feb
A
Class
Ltd com
pref
40
40%
3,500
1
11%
11%
12%
3,200
7
Feb
*
19%
19%
20
900
16
Apr
34%
*
(Del)
Inc
Sayre
& Fisher Brick Co
(D A) Inc common
Manufacturing
Scovill
Co
Steel
Jan
Ohio
Brass
Co
Ohio
Power
4%%
Oklahoma
Old
class
Oliver United
Omar
Gas
1%
45%
107%
33
Seeman
13% May
common
Bros Inc
Filters class B
*
Jun
'
13
Jun
$
14% May
17%
15
24
—
—
Amer shares
23%
Securities
1
9
.
Semler
Pacific Gas & Elec 6%
5% %
1st preferred
1st pfd
Feb
Inc
Corp
(R B)
Radio
Seton Leather
Jan
33
■
common
Co
:
:
101
Feb
91
—
Jan
May
Sherwin-Williams
common
preferred
23
33 %
19%
:
33
i 33%
18%
.,
150
19%
^
96
33%
19%
Jun
13
Jan
28%
29%
400
23
Feb
22%
22%'
600
17%
Feb
80
Feb
108
110
"
20
.
Peninsular
Telephone
common
• "
$1 cumulative preferred
—25
31
May
?■ 24% May
Light 4%% pfd
3"%
>
•
108
108
5%
;y
\
47
..
common
47
C
113
6%
&
v,
•
Metals
11%
11%
11%
500
4%
4%
10%
2,000
10%
7%
7%
$5
2tV
2h
108%
2%
3%
12%
2%
Smith
12%
84% Jan
—
5%
50
5
69%
16%
1
4'/a
'
69
70%
17
16%
10
common
2.50
common,:
4
2,200
%
17 %>
1
17%
5%
4 %
Feb
5%
18
4
Mar
5%
2,100
-13%
3,000
xl2% xl3%
13
300
13
•
4% Mar
14% Jan
125
3%
9% Mar
42%
42%
12.50
8%
8%
8%
1
14'A
14 V*
14%
1
2%
50
•
•
500
72%
200
9%
9%
8'/a
8%
9%
-
8%
200
-
Jan
Mar
8%
Jun
3
'
&
Light—
Puget
Timber,.
Pyle-National Co common
Pyrene Manufacturing
.
94%
94
55%
97%
Jan
Feb
56
34
Jun
18
19
1,300
10%
Feb
3%
19%
3%
Jun
3
18%
300
197/s
Jun
2%
3,600
2%
,
900
1% Mar
16%
2
Feb
Feb
Jun
2% Jan
„
20% Mar
4 "
4%
12,300
25
26%
1,250
80%
82%
400
85'A
86%
150
,
25%
80%
?
-
24% Jan
4% May
1% Mar
13%
74
t
Feb
Feb
27%
4%.
3%
3%
400
200
"% Mar
100
Jun
87% Jun
5% Jan
f.. 1% Feb
1%:
Jun
85
75% Mar
3%
3%
3%
10% Mar
1%
12%
1,300
12%
3
May
*4
:
Jun
1% May
May
15% May
13
Feb
13
—
;>
,
1,400
4
2% Feb
May
20
16%
-
1,600
16
Feb
20%
2,700
12y4
Feb :
16%
Jun
70
2,200
62
Mar
76
Jun
104
Jan
,:
18%
15%
400
7%
700
Jun
108% Apr
22 % May
17% Jan
Apr
12 % Mar
11%
13%
Apr
7% Apr
t
7%
255
Jun
11% Jan
35
225
Mar
36
May
6% Mar
1,900
| 340
8% May
Mar
270
3% Jun
May
4
Jan
90
__
—
Jan
29%
14
Jan
8%
Feb
25% Apr
3%
3%
:
127/s
11
12
3%
400
x3%
3%
5
8y8
9%
4%
9%
5 "
3,900
1,200
3%
9%
i
—
43
Jun
Feb
4% May
7%
Feb
10% May
3%
Feb
5
1,500
33 %
Jan
47
38%'
Jun
31% Feb
35% Jan
60
:
41% May
28% Apr
27%
2,000
26
28 %
28%
29
6,000
28
28
28%
28% Jun
24% May
24%
24%
25'A
27%
27%
8
S
-
.
■*,
.
48
IH 5%.:.:
12%
&
700
200
36
1,000
-
1%
850
3%
11%
800
28%
3,400
2%
:
3
30
4%
4%
1
2%
————1
3%
7%
700
2%
3,500
66%
67%
24%
3%
19%
Jun
Jun
Feb
11% May
29
Jan
;;:3^:Mafr -1
2% May
114
52% Feb
800
3%
"■
3% Mar
200
3
rl/128 rl/128
rights w i
Jun
6% Mar
3% Feb
2% Feb
1/128 Jun
2,800
-
,
I
Feb
102
800
4%
'Feb
25% Feb
1% Jan
1 % Mar
12,700
114
110
1
8% Feb
19% Mar
2'A Mar
17% Mar
9% Feb
1,600
&
50
277/a
s
3%
.18%
10%
11
277/s
2%
•
13,200
Jun
j
i
I
(S)
Jun
8% May
Apr
3% May
5%
A
Jun
6%
Jan
68% May
CorpSun Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
19%
8%
Jan
2%
Jan
2,700
5% Jan
7% May
1%
100
15
16%
1,900
30%
30
31
',
Jan
15 '
20%
Jan
Jun
50
--1,700
2% Mar
•
*6%
950
:
f
-
Jun
1%
15%
3%
'
3%
Jan
Feb
27% Jan
5% Apr
13% Mar
6
?
3%
15%
Jun
13% May
15% --15%
6
V
1
Jan
1
300
14%
15% i
•
13
1,300
1%
:25c
18
27%
7% Mar
% Feb
14%
•
Swan Finch Oil Corp—i
Feb
15% Mar
2,700
15%'
22
100
1%
14
1%
1
—•
Sunbeam
300
200
6%
15%
5
& Co common
^
8%'"'
1%
1%
6%
1
*v
Stop & Shop Inc
27
18
8%
1
1
Stetson (J B) Co common
Stinnes (Hugo) Corp
Stroock
26'/2
17%:
*
1
(A) & Co common
Sterling Aluminum Products
Sterling Brewers Inc
{Sterling Engine Co
Sterling Inc.,:
300
•
•
10
_
1
'
35
1
/
Apr
Ma7
"
-Jan
-17%'May,,'.
* 3%
.
Feb
i
14%
'Jan
Apr
: 4
J■.>;/
Quaker
6%
Oats
common.
92%
preferred
94%
690,
'
149% 150
Quebec Power Co..
20
,
Mar
79
144 •'
x96
Jun
Feb
151
Jan
■
Vaggart
Mar
14% May
Corp common..————1
Tampa Electric Cb common
•
11
Technicolor
12
13
19%
Inc
Texas Power St
common
Light 1%
•
—,
pfd
Radlo-Keith-Orpheum option
warrant!.
Railway & Light Securities—
Voting common
Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common
$3
convertible
Raytheon
Reed
common
Roller Bit Co
Stix
Dry
19%
•«:
1
Goods
For footnotes
see
10
r-
v.
33.
-
1%
Feb
3% May
1,075
27%
Jun
31
Jan
30 % Mar
37
\Jun
52
55
Mar
50
54
,
Jun
Feb
1,100
54
207/s
%
54
35%
1
14% Mar
300
37
37
8%
„
28
*
5
l%
1,175
27%
8%
-9%
17,800
24%
25%
2,700
Thor Corporation
600
13%
3,900
19%
800
18
600
16"
Feb
12%
Feb
12%
5
18%
118%
common
*116 J -May
xl9
Xl9%
Jan
124
Jan
*
11%
•
31%; Jan
-
'
^-5
'-'H&y
-12
23% May
11% Jan
29%
2
common
5%
Jun
1% May
Feb
9%
Jun
19% Mar
25%
5%
Apr
Tilo
Roofing Inc,;
Tishman Realty
&
Tlvoli Brewing Co
Tobacco
4%
2
!*
24 %
4%
600
2%
2,000
1%
Apr
3%
Jan
225
»18%
Feb
26%
Jun
25
*
29%
400
3% Mar
24% Mar
32
Jan
May
&
Allied
1
Construction
Amer
Stocks
dep rets ord regis
dep rets def regis
Todd Shipyards Corp—
New
common
i,
Toklah
1
1
"—
Feb
17% May
May
19JA Jun
^21
? Jan
y
15%
7%
14 %
14'A
15% xl5%
K*
7
7%
:
:n:
1.000
15
Feb
7%
49 % Mar
54 ; ■
5%
2,600
•
•
May
18% May
11% Mar
400
Apr
May
-
6%
£1
5a
—*
,——-20
Royalty Corp—,—
70c
pfd——
100
Tonopah Mining of Nevada—__——1
Toledo Edison 4%%
„
•
Tobacco Security Trust Co Ltd—
Amer
29
page
20%
1%
1
Reis
(Robert) & Co
Reliance Electric & Engineering—.
Rice
20%
•
Regal Shoe Co
11,000
new
29%
rl. *■
Feb
;r
10
:—•
preferred
Manufacturing
2%;
Co
10%
11%
,100
Texon Oil & Land Co
Thew Shovel
200
11
1%
1%
1%
88
63
4%
7%
Feb
1%
Feb
Feb
136
-'
5
99%
1%
1%
Feb
Jan
May
63
63
99%
:
1,300
r
4% Jan
7% May
1% May
12% Jun
Feb/1
5
'V100
12%
18%
3%
8%
i
Jan
Feb
48%
Feb'-;'..'
3% Feb
200
Jun
29
29%
25%
22% May
4% Jan
24%
9%
May
500
:
v
5%
21
:
1,500
4-
3%
1%
2.78
1
10
1
20
1
10
*".iv:5
8%
46%
487/b
4
5%
1
Corp
Jun
o
29% Feb
1
Oorp
14 % Mar
4
Mar
700
*
B
Feb
2% Mar
3,200
45%
;
38%
-
Stein
i..':
Jun
Feb
-
6% Mar
Feb
'
May
9% Mar
36%
56
13%
Feb
% Mar
Steel Co of Canada——-*-——---—*
11
90Jan
-10:
3
2
7
Class B
Jun
12
56
-Is
94%
•
200*
'
3%
Apr
4% May
3 % J an
27
7
Starrett (The)
■
preferred;
Sound Pulp &
class
preferred
Standard Tube class B
May
14% May
99% Jun
prior
3va
4,200
Standard-Thomson
,
preferred—
2% Mar
Apr
2,800
——.———•
Standard Products Cp
1
15
44% May
8% Apr
16
May
9
-200
$7
18% Jun
6% Apr
Colorado—»
Power
Common
Jan
Feb
—
preferred
Forgings Corp
Standard Oil (Ky)
Standard Power & Light com
93% Apr
*1%
Jun
18
——*
Standard
May
8
+
Dredging Corp common
$1.60 convertible preferred
Jun
18
preference
Standard
Feb
Jan
6% Feb
9% Feb
'
110,600
*3%
2"%
v—
25
25
25
25
1
5
.*
cum
Convertible
13% Jan
41
37
-
/ r1 % Mar
32%
/
2%
25
Standard Cap & Seal common
Mar
87
•
B
Jan
Mar:
11
%
30
12.50
preferred
Southern Pipe Line
Southland Royalty Co
Spencer Shoe Corp
Stahl-Meyer Inc±-——
Standard Brewing Co—
218 Mar
Feb
Feb
conv
4.32%
29% Jun
Jun
58% Feb
8% Jan
300
Jan
6,800
3%
,12%
3
1
lr
1
1
4.48%
Jan
0
2
1,070
3%
38%
7% Mar
1,900
3%
27% Mar
19
1
4.56% conv preference
Jan
Jun
67
*11
50
2
8% Mar
3,100
(Howard) Paper Mills.,——.-*
original preferred
4.88% cum preferred
11% May
Jan
6% Feb
2,100
3,100
1,500
3%
12%
■-
Jan
1,900
8,400
12%
,
5%
11% Jun
9% Jan
2 i\i
13%
10%
38
8outhwest Pa Pipe Line———10
Southern California Edison—
Jun
6% May
39
1
.
America
cumulative
Puget Sound
May
6% Jan
4% Jun
9% Mar
3% Mar
200
Jan
•
South Coast Corp common
South Penn Oil common
—
Nevada
of
Jun
7
8%
400
6%
11%
3'A
Manufacturing Co
1
Soontone Corp—
Boss Manufacturing common
"'S :.Vv
common
of
48 o- Feb
22
■"
1
2
Providence Gas
Service
Apr
•
Co
Prosperity Co class
4%%
Mar
4
X
5
-100
Producers Corp of
Public
39
1,300
'
Apr
1017/e Apr
4%-Feb
900
66%
25c
Alexander
•
4% Mar
36%
2%
Solar Aircraft Co
26% May
Feb
780
65%
•
1st preferred
Pressed
200
100
47'/a
-
4%
*
Co
Pratt & Lambert
Prentice-Hall Inc
i
5%
500
Co—
3.90% preferred——————100
Jun
49
;:
5% Mar
4
66%
common
Corp of Canada
Jan
2
•
5
50c ->-Y- 4%
'•
Power
108
5%,
?
'
Powdrell
23%
420
2.50
Pleasant Valley Wine Co
Pneumatic Scale common
Polaris Mining
•
-
2,300
:
20
Pltney-Bowes Inc
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
•
4%
4%
!
Pinchin Johnson Ltd Amer
shares
Pioneer Gold Mines Ltd
Piper Aircraft Corp common
•
50
13,800
4%
—
Governor
i
7
1
Philadelphia Co common
Phillips Packing Co
Pierce
25
6%
3
'P;;
100
2.50
:
Perfect Circle Corp
Pharls Tire & Rubber
25
;
Apr
Apr
5%
•
42% Mar
"
P
6%
7%
11%
Publications—
Sioux City Gas & Elec
'
Traffic Co
Penn Water & Power Co
Pep Boys (The),,
Pepperell Mfg Co
—
•
Penn Gas & Elec class
A common
Penn Power &
Penn
—
•.*
1
Jun
Jan
7% Mar
11%
2%
common——_————*
Solar
Pennroad Corp common
Penn-Dixie Cement warrants.-*.:;
11%
Jan
3%
30%
*
$3 convertible preferred
Jun
Feb
22%
Apr
10
600
3%
Simplicity Pattern common
1 •
Singer Manufacturing Co
100
8inger Manufacturing Co Ltd—
Amer dep rets ord regis,——£ 1
Jan
Feb
11 V Mar
108
Feb
16%
Jan
4,900
*
Ltd
Slmmons-Boardman
.15% May
25% Jun
Mar
28% P
*
Jun
8%
14'A
•
of America class A
Breweries
Silex Co
106% Jun
>
10
--
1
32
23%
61,900
Sick's
Apr
Apr
36
12% Mar
.i,.',
--5
Parkersburg Rig & Reel__—
Patchogue Plymouth Mills—.—
u
Jan
39%
'
—8
•
1
25
—100
Shawintgan Water & Power
Sheller Mfg Co
10% May
Mar
—
Page-Hersey Tubes common—
•
Pantepec Oil of Venezuela Amer shrs—
Paramount Motors Corp,—————-1
Pen
29
102'/a 106%
Pacific
Parker
35
30%
33
25
Jan
Jan
7% MaT
200
6
9%
10
36%
"
1
1
1
1
*
common
Shattuck Denn Mining
Jan
May
13
6% Feb
32% Mar
30%
25
Lighting $5 preferred
•
Pacific Power & Light 5%
pfd——100
Pacific Public Service com
—•
11.30 1st preferred
*
8%
Jun
5%
10%
5%
t
85'A
8afety Control
Serrlck Cor£ class B
Shoe Corp
8%.
11%
13%
25%
17
50
5%
25
Sherwin-Williams of Canada
—.—5
15%
Feb
4% Mar
400
11%
certificates
Sentry
K%
Pacific Can Co common
9%
24% Mar
Jun
13
Jan
7%
8%
10
5
prior stock
Sentinel
Jan
39% Jun
6
1
Inc
8%
Shoe Co-,-—-—--—---------.-* —
1
4%
Allotment
Jun
48
109%
Apr
30% Feb
1
*.
|
15%
Segal Lock & Hardware————*-J
l7/s May
Feb
Jan
104%
15
Distillery
O'okiep Copper Co Ltd
Overseas
1%
,
*
100
common
preferred—,.
Natural
Poindexter
B
50c
Apr
22% Jfttt
$5.50
common.^
600
100
; 5
1,700
1
Selected Industries Inc common
Convertible stock
Corp
4%
38%
\
1
25
•
1
*
General
Securities Corp
Jan
42%
Feb
common
Schulte
Jun
103
Corp
Oil
Belby
Ogden
12%
•
-AiSur" S'- '
'
37%
•
50
1
1
25c
—
conv
Savoy
Scullin
Northrop Aircraft Inc
Novadel-Agene Corp
$2
United
Samson
3% Mar
95%
Jan
Northern Indiana Pub Serv 5% pfd_100
Northern States Power class A—
25
38%
4%
—1
Salt Dome Oil Co
21% May
Feb
90
Mar
37%
Feb
v
2%
93
'
1% May
18%
33%. Mar
*
Jan
Mar
Jun
20
-
—
11%
'(
1.25
1
•
Aeronautical Co
Consolidated Petroleum
Ryerson & Haynes common
7% May
48% JUb
.
2% May
Jan
12% May
Feb
'6%' Feb
—
47/a May
1%
9,300
-
St Lawrence Corp
North Amer
'y."'
Jun
%
V
3% Mar
87
*
10%
%
2%
-1,300
•
23
10
1
Feb
250
5%
5%
Class
•
5
—1
Feb
62,500
2%
£1
5
Royalite Oil Co Ltd
common
2%
Low
4%
100
Rotary Electric Steel Co
Rowe (The) Corp common
May
4
new com.—
Co
Petroleum
Root
Feb
Range Since January 1
High
Royce Ltd—
dep rets for ord reg
Rome Cable Corp common
Roosevelt Field Inc
10% Jan
32
Pendleton Inc
&
4%
•V
1
Amer
May
it
1
Niagara Hudson Power
Shares
Low
v
t c
v
Rochester Gas & Elec 4%
^10% May
2%
73
.'i.'ivV1.
,,
•
Apr
Gas Co—
Valley
Grande
(Texas Corp)
Jan
72%
Jan
Rio
Jan
12%
Feb
59%
2,200
A5
for Week
1'
Richmond Radiator,
May
6
Apr
Mar
■
:—.
Rosario——i
J
10
—
yf:
2
3%
100
■
8%
•
96
82% Mar
70
72%
8
common—
Honduras
'
:
1%
New Process Co common—
N
69%
8
,.!<■
-V
Sales
Range
of Prices
Par
High
low
4%
-
—
>.
New
92 "
.
4%
^
.,,25
.
& Arizona Land——.
High*
90
92"; ;
1
convertible preferred.^—.
4%%
Low
v:
Week's
Last
Sale Price
STOCKS—
for Week
:
13
•
Jun
5
Jun
99% Jun
May
Volume
167
THE
Number 4711
COMMERCIAL
NEW
YORK
RANGE
Week's
Friday
STOCKS—
York
New
Curb
Last
;
Low
Trans
Lux
Corp-————
Tri-Continental
Trunz
Low
25
New
York
Curb
Interest
Exchange
4% Mar
6%
7,800
I'/*
4% May
Feb
29% Mar
*7%
6
10%
31
Fab
Realization
Corp
Chemical
of
lOe
Corp
*
4 %
Jan
Jan
-
1961
Union Investment Co—
Jan
2%
1950
6% Mar
y"".VM
—4
6
Apr
8%
1
A 6
91% Mar
97% Jun
57% May
250
62
A 7s
100
V
—
United
Chemicals
United
Corp
United
Elastic
50c
com
4%
•
common
Jan
U
Corp
•
10
Products
Preferred
%
19,100
35%
35%
50
19%
20
21%
19%
7
United Gas Corp common—
United Light & Railways—
%
22%
y
355/a
22 %
-
70
31%
Apr
19y8
30
Jan
Amer
5% May
dep rets ord regis
United NJ
RR &
Canal
100
United Profit Sharing com
10% preferred
United Shoe Machinery common
249% 249%
25c
1%
1%
10
53 %
i.: 52%
25
Preferred
Specialities
U S Air
39 %
39
1.12 '/*
common
Conditioning Corp
U
S
and
56
$5
1st
10%
2%
16%
Securities
•
4%
4%
preferred
warrants
*
84%
83%
16%
16%
with
Universal Consolidated Oil
10
'Universal
Insurance
r
Utah Power It Light
27
5
3
17%
27%
17%
27%
55%
64%
71
/•j
*243/4
.1966
J-D
1969
J-J
Extended at 4%
1958
Milwaukee Gas & Light
New
8%
Feb
12%
Jun
N Y & Westchester Ltg
3%
Jun
Ohio Power
Feb
1,300
1%
Feb
85%
250
16%
1,100
70%
123/4
Feb
Feb
2%
300
1%
Apr
2%
1,100
64%
200
38% Jan
19% Mar
22
May
27
50
29
Jan
3
2,700
23% Mar
2% Feb
200
193/4 Mar
22% May
5
2% Mar
19 %
May
5 % May
86 " May
18 % May
3
2% Jan
:
common
22%
1
8%
10%
20c
Vogt Manufacturing
78%
1
Venezuela Syndicate Inc
7%
-5
43%
5%
•
7%
1st
67%
,
'
Piedmont
Hydro-Electric
7
20
Mar
10
5%s series A
98
Jan
Feb
10 %
Jun
53/4
2% Mar
8,600
100
Southern
Jan
Jun
/
63,000
15
1%
preferred
xl2%
$2
400
5%
Watch
f"l% ~1%
30
Co
10.
3%
1
Ward Baking Co
400
10
California
2,300
5%
1,250
2
300
8%
1
4%
5%
Corp
Counties
1st mtge
0%
10%
Jun
110 3/4
'
600
2 3/4
.'
We?t
Manufacturing
Texas
Utilities
$6
Western Maryland Ry 7%
Western
Tablet
&
1.23
preferred
6% Jun
1%
2% May
Feb
Stationery
Westmoreland Coal
Willson
Wilson
6%
(R
C)
&
Winnipeg Elec
H
38%
150
33
50
20
20
14%
143/4
"23%
a%
9%
'
Mar
,
f
9%
?
400
29
12
1
common
12
5 3/a
25
C%
125
>
53/4
17
•
100
23%
800
101
11%
12%
18%
18%
18%
2,800
73/4
73/4
2%
Jan
100
2&
Feb
95
400
4,900
Wool worth
(F W) Ltd—
American deposit
receipts
6% preference
17
-
Jan
5s
..
m-n
159%
99%
;
M-N
♦
May
May
•
Interest
Period
Last
or
Bale Price
Af-S
M-S
f
1970
4%s
J-D
1953
Assoc Tel & Tel deb 5%s A
Atlantic City Electric 3%s
106%
J-J
1955
1053/4
101%
105%
100
*98
101
105%
(Calif) —
——...
1971
J-J
3%s.-—1970
5s
r-a
106
100%
102
102
96%
119
119
114%
A-O
63
63
63
28
22
30%
21
22%
21
30
26
28
1960
3rd
1948
,
102
102%
j-j
*22%
-
I
A-O
1946
-
Electric Service
J-D
101
1
1940 coupon
1947 coupon—
18
1936
A7s
1956
ex
Dec
1
Waldorf-Astoria
J-J
M-J
M-S
105
1958
A-O
101
103%
1969
3s
ref 23/4S series R
2%s conv debs
,
1981
Hotel—
"
A 5s
Income
1954
debs
79
"•
90
93%
93%
/
Jf-Q
3%s
Elmira Water Lt & RR 5s
Ercole Marelli Elec Mfg Co—
,•
107%
11
117
120
..
"...
v'.'K V
ex
Nov 1
*
1969
•',*98%
99Ya-
99%
-L.C-
lp3:i|i
/May
11% Jan
'
12% Mar
7% May
19
May
23% Jun
102
Apr
Jan
Foreign Governments & Municipalities
Friday
Curb
Interest
Last
Period
.
Exchange
gold
NO.
/
55
3
Range Since
January 1
Low
102%
High
/
6
Agricultural Mortgage Bank (Col) —
A20-year 7s
April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Danish Cons
Sale Price
Week's Range
or
100
103%
103%
106 3%
109% 111
162
'168
:
26
98%
'
J-j
90%
943/4
103% 104
J-D
t
—
J-J
j
106% 106%
/
86%
87%
X'i,' 93
82%
V
95%
104
105%
103
105%
107;.
78
5s
99%
J
1053/4
/
A-O
1993
1965
1950
Af-M
May
J-J
102
106'/4
99
98%
101
99%
97%
100%
1043/4 106%
1033/4
m-j
63%
64%
112%
55 3/4
45
45%
295/s
101
101%
97%
*110
109
j-j
1952
24%
*13
24%
6
6
78
.
6
8
12
f;
15
m-f
*12%
m-n
*25
28
24
30
j-d
*35%
39
32
39%
14
44
42 y«
Af-n
*42%
A-O
*42%
42
44%
j-d
*25
22
22
69%
65
81
j-d
*66
;
Parana
stamped
(Plan A)
Interest reduced to
2%s
27
25
27
15%
15%
13%
15%
*23'-U
24%
18
125
—2008
(Republic of)—
is to 2%s (ser ABCDE)
1997
Rio de Janeiro stamped (Plan A)
./ ' Interest reduced to 2%i...._2012
ARussian Government 6%s
1919
112
2%
1921
3;'v.
.
3
24
2%
2%
3%
<
3%
64%
46
•Friday's bid and asked prices; no
being traded flat.
1033/4
112
31'
transaction (not Included in year's range), d Ex-Interest,
year's range),
f Ex-distrlbutloh.
g Ex-stock div.
h ExIncluded In year's range), r Transaction for cash
y Ex-rights. ,
sales being transacted during current week.
•No par value,
a Deferred delivery
transaction
(not included in
Odd-lot
principal.
n Under-the-rule transaction (not
(not included in year's range), x Ex-dividend,
A Bonds
{Reported in receivership.
/
,
abovo—-"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates;
"wl," when issued; "w w," with warrants; "xw," without warrants.
Abbreviations used
24%,
:
••'/ 2%
115
1
—
84%
66
r-A
City (Peru) 6%s stamped.1958
(Plan A)
Interest reduced to 2%s
2008
AMedellin 7s stamped
:
1951
Mortgage Bank of Bogota—
A7s (issue of May 1927)
1947
A7s (issue of Oct. 1927)
1947
AMortgage Bank of Chile 6s~,
1931
Mortgage Bank of Denmark 5s
1972
..
—
39%
58
Maranhao stamped
•
—1993
62%
31%
Peru
99%
112% 113
65%
61%
39
High
61%
—
m-n
—1953
Danzig Port & Waterways—
AExternal 6%s stamped
88%
•;
103% 103%
Low
—
*35%
January 1
No.
105 %
99
A-O
Af-N
v'
81
*623/4,,
j-d
s
102
*62%
Range Since
gold
High
a-o
1955
5%s__L
External
108
92%
96
Bonds
Friday's
Bid & Asked
Municipal Loan—
External
A5%S
1940 coupon—1953
1947 coupon
1953
102%
__
Newspaper Union—
6s conv s f debentures—...'
24% Jun
11
5s
*1073/4
2% May
12
,104% 105%
106%
;87%
A6%S With Nov 1
A6%s
79
107%
119% 120
Division—
1st mtge 4s ser A
A 1st
mtge 4s ser B
Eastern Gas & Fuel
'
120
:.i/r/.*;•
J
72
1960
Mar
Bonds
101-
City)—
1954
N
*
Traction
Western
5s
9 % Jan
99%
:i-
1962
'
of
15
79
Penn
Delaware Lack & Western RR—
Lackawanna
.
00
;
J-J
-1977
C01160I Gas El Lt & Pwr
(Bait)—
% 1st ref mtge 3s ser P
1969
.1st ref mtge 23As ser
Q
1976
•f'-
27%
West
Jan
14
High
110% 110%
*155
166
"
1966
Jan
(Bait
103%
18% Jan
2
-
1948
5s
-Consolidated Gas
Gen mtge 4%8
38
102%
Co—
A 7s with Dec
19% Jan
102% 102%
110%;
1954
redeemed)
Debenture 5s
■
19
*16% 20" ;
102% 102%
1949
16 3/4
7% Apr
105% 1053/4
Q-F
1970
{20% redeemed)
Debenture
75
106
'
J-D
1998
6s
Debenture 5s_—-
v
102%
119
,
'
>ALIma
1960
Cities Service
;
*105
M-N
1950
Corp—
stamped
(Hugo) Industries—
2nd stamped
;
'100
'
a-o
•
1989
trust
~
4
ICentral States Electric
Corp—
A 5s
105 %
104%
1043/8 1043/4
106 % 107
Feb
Friday's
983/4
J-J
>•;!
.Bostpn Edison 2%s_.j._—.
A5%s (20%
101%
106
*105
1043/4
107
13
105% 1063/8
99%
Af-N
1964
5s series C
Steel
101%
1964
JBell Telephone of Canada—
I
113%
97%
—
104
104 '/a
)
101
113%
1043/4
*100%
J-J
a-o
103%
100
113 % 113%
113%
158%
2030
10% Mar
Bid St Asked
Low
Appalachian Elec Power 3%s
Bethlehem
>
Electric
Week's Range
Friday
BONDS
New York Curb Exchange
;•
34
98
—
Low
'
106
140%
99%
*99%
A-O
BONDS
'!*%•
105%
103
158% 159%
l-O
1965
3s
Corp inc 5s
New York
Electric
92
103%
£1
Wright Hargreaves Ltd
Associated
82»/«
105
*
Penn
Feb
14
20
ll3/4
1
Woodley Petroleum
101%
2
Inc
33/4
150
21%
23%
17%
91%
"
105
105 3/a 105 3/8
19
3%s__—1970
Gas
*91%
West
Feb
10 «> Feb-
1,000
■
103%
Washington Water Power 3%s
9% May
1
—
;
108
101%
Apr
25% Jan
17% Mar
700
_
-r
Inc
105
102% 102 %
a-o
1951
United Electric Co of N J 4s
39%
Jun
13%
•
w
Industries
-
14% May
Feb
300
.
23%
103%
106% 107%
106%
Hydro-Electric Co—
"'4^. z/zi
A 6 %s with Aug 1 1940-coupon—1953
A6%s ex Aug 1 1947 coupon
1953
Apr
161
2K;.
y
5;
101%
Ternl
May
1153/4
140 r.P Feb
50
1
—10
—
Wisconsin Pwr & Lt 4%%
pfd
Woodali
1
1
——
common
w
37%
->20
1
Co
Products
Brothers
preferred
158
10
Jan
25% Mar
20
10
Wichita River Oil Corp
Wlckes (The) Corp
Williams
153
com—•
,
Westmoreland Inc
Weyenberg Shoe Mfg
Whitman (Wm) & Co
6 3/4 Mar
112
158
107 %
103% 103%
Jan
;,Jan
6% Apr
234 Mar
•
1st pfd—100
105
104
(Hugo)
Stinnes
A7-4s
13
23/i Mar
Z
Edison
Gas
Gas & Elec
(A G)
collateral
> A7-4s
Feb
4
3s__If
3s__'.—
Southwestern
United
Wentworth
1023%
"
1973
Southern
*
May
-
mtge
California
3'4 May
1% Apr
8% Mar
200
2
warrants
Warner Aircraft
104
J-J
1952 h
3%s series A
May
Feb
8
inc
.
67
1960 /
:
Southern
Jun
15 %
Feb
1% Feb
3,550
107
1
preferred
cum
2%
10%
100
Waitt k Bond Inc
Waltham
2%
10%
104
*105% 106%
J-J
perpetual certificates
Queens Borough Gas & Electric—
Jan
109%
58
J-D
6%
5s
10%
65
Co—
coupon—1960
1940
A 6 % s ex Oct 1 1947 coupon
Public Service of New Jersey—
/
AStarrett
•
63%
a-o
-
1970
Stinnes
Wagner Baking voting trust ctfs ext.*
101% 102
102
'
J-D
1—1968
1971
mtge 3%s
3%s
Apr
3%
4s
Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3%s_1964
Spalding
Waco Aircraft Co
107
102
M-N
Park
Jan
78%
1,400
80
15
__
108% 108%
if-a
—1961
2004
t'.i 1st mtge 3s
3% May
>
England Power 3%s
Scullin Steel
Valspar Corp
.
20,
*104%
108%
•;
__
20
A-O
1967
4%s
20
F'A
1963
to
28
*13
j-j
Corp deb 4%s
Midland Valley RR—
64%
"
Safe Harbor Water Power Corp 3s_1981
San Joaquin Lt & Pow 6s B,
1952
$4 convertible preferred
Venezuelan Petroleum
"61%
1952
McCord
Jan
11%
22%
27'/a
Apr
2,600
2%
common-.*.--y-i. ,•
27%
16%
1963
A6%s with Oct 1
10
common
27%
17%
1952
1947 coupon
Jan
10
Universal Products Co
Utah-Idaho
Sugar
1
4i~4
3,200
2%
Nov
62%
3%
2
..
ex
Jan
27
50c
1 ;
27%
17
M
Hydro-Electric Co—
&40 coupon-—-1952
Jun
16%
15%
106%
17%
105% 106%
with Nov 1
38%
62
1
common
U S Rubber Reclaiming Co
United Stores Corp com
:
1941 coupon)...
(July
52 3/4
2,000
*
102%
103 %
1952
series F_
570
12 %
2%;
10%
60
100%
—
103%
m-N
Kansas Power 81 Light 3%s
Jan
-
*101%
1033/4
56
100%
J-D
Kansas Electric Power 3%s
Jun
2
102 %
101% 101%
1957
Altalian Superpower 6s
Jan
2493/4
101%
1935
coupon):
1941
5,350
> 41%
1
International
U S Radiator
■
—10c
U S Foil Co class B
Jan
1% Mar
7% May
25
-
United
245
700
1%
10
(Aug
A7s
20%
'•22% Jun
United Molasses Co Ltd—
1003/4 102
58
1970
-—1957
A 7s
35% Jan
5% May
—
•
Jun
25
•
common
—
Feb
Feb
7*
Isarco
36% May
Apr
16
58
1955
A Debenture escrow ctfs
Jun
17%
1,400
High
50
10P/4 1013/4
a-o
C
series
A7s
% May
A Feb
17,400
Low
Interstate Power Co—
43/4 Mar
Jan
38 % Mar
warrants—,
United Milk
3%
No.
*102% 103%
J-J
Jan 1949
series E
A 7s
■>•••■•
United Aircraft Products
Range Since
January 1,
gold
High
*42%
a-o
A6%s (Dec 1 1941 coup)
t;
,
8% Jan
%s
A
•
Bonds
Friday's
International Power Sec—
;
$3.75 pfd series A
Union Stock Yards of Omaha-
J-D
Jan 1949
A
ser
series B
Jan
Apr
:
J-J
—1958
Indianapolis Power k Lt 3%a
Jun
C%
4% Mar
Union Oil Co of California—
M-ff
1988
stamped
Grand Trunk Western Ry 4s
Green Mountain Power 33/4S
'
•
—
1%
v
5
Canada
or
Bid & Asked
May
9
13
9% Mar
5s
6s
Unexcelled
Week's Range
Last
Finland Residential Mtge Bank—
Apr
Hygrade Food 6s
men
v
gale Price
L010
Guantanamo & Western 6s
Union Gas
Period
High
1,700
.—
Tung-Sol Lamp Works com
80c convertible preferred
JUNE
Friday
High
33
EXCHANGE
ENDED
Range Since January l
3%
...
(2817)
BONDS
Shares
-
5%
warrants—
Inc„_
i1
CURB
FOR WEEK
CHRONICLE
for Week
of Prices
■
FINANCIAL
Sales
Range
Sale Price
Exchange
&
•
34
(2818)
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
Baltimore Slock
Friday
STOCKS—
Sale Price
*
5%
l«t
preierred
Consolidated
Gas
Low
Elec
Lt
6c
16%
Range Since January 1
Low
16
13%
235
3.10
Castle
High
Jan
185
18
Power
2
12
16%
Mar
205
,1
Apr
Cent
Jan
63%
63%
22
!,•
—
22
New common
U
S
5
preierred
prior
63%
Jun
65 %
105
Apr
22
Jun
-
23%
105
50
50
51
Fidelity Si Guaranty
37%
37%
Secur
Util
105
Jun
23%
Jan
Corp
common
22
common-
Jan
52%
1975
50
$2,000
43
53%
15,000
45
(The)
STOCKS-
Friday
Week'a
Simons
&
10
common
class A_
Sale Price
Inc.
Sugar
American
*
Refining
Anaconda
.100
51%
37%
6
60
Vv:
52%
6%
May
Son
&
Boston
&
Boston
Inc—
39
Edison
Boston
*
Albany RR_
49%
Jun
52%
25
—
Elevated
Stamped
Jun
39%
Jun
158%
Jun
36% Mar
Safety
40%
618
30%
Feb
17%
Feb
21% May
Dr
(G)
Hupp Corp
41% i
Corp
45
115
Mar
125%
30% Feb
1,800
42
preferred
5%
class
A
Z'/o
class
B
7%
o
prior
cl
10%
preierred
18%
19
265
18% Jun
19%
24
25
425
22 Vs
28
Feb
D
Cities
East
stamped
pfd
(stamped)-,.
Prop Trust
Personal
Providence
&
Boston
Eastern
RR—.
Hecla
preferred
B
6%
preferred
SS
Employers
General
series A-
9
Apr
9%
Apr
Apr
17%
75
13% Mar
18*
Jun
34
55
Jun
•-www
.—mi
Assoc
40%
(Del)
6%
RR
common
Drop
72% Mar
7%
Feb
33%
Jun
58%
Jan
18
49% Mar
.
38.90
41%
! 1,580
35%
491
28
100
Feb
31% Mar
46.35V/Jun
Feb
42% May
39% Ma v
22%
Jan
26
3%
Jan
4%
Jan
59%
48
Apr
16
Mar
6%
Feb
Ward
Coal
prior
Co
Potter
54c
Apr
12%
Jan
30c
10% Mar
83
13%
13%
10 %
Apr
14% Jun
46c
58c
38c
Feb
85c
37%
30
Feb
20
21%
16%
Feb
6
40% May
22% May
Co
(The)
6
Feb
Mar
96
3% Feb
13% xl4
Schwitzer
Serrick
preferred
——
May
"
Inc—
Electric Corp
6
Apr
11%
Apr
14% Jun
2
1%
Jan
2%
5%
Feb
*r% Mft»
65c
20c
Apr
13%
14%
Oil
Sinclair
Society
South
Feb
65c
15 %
Jan
Jun
Louis
Admiral Corp common
Advanced
Alum
Aetna Ball
1
Castings
Bearing
common
•
—
•
capital!——100
Armour
&
Co
Asbestos Mfg
common
Stone
Lathe
Avco
Manufacturing Corp
Mfg
Co
Co
Berghoff Brewing Corp
Blnks Manufacturing Co
Bliss & Laughlin
Inc
—_I
j
capital—III 1
common
2%
Borg
(George Wl Corp—^
Borg-Warner Corp common
Brach St Sons
Burd
Piston
Burton-Dixie
Butler
Bros
(E J)
iU
5
capital!—
Ring common
Corp
see
•
1
—12%
common
For footnotes
-
—
—10
page
43.
7% May
19
15% Mar
8%
19%
Jan
Feb
10%
16% Mar
71%
21%
44 y4
100
1,600
72
27%
Jan
Aor
22% Mar
2,400
Jan
Mar
29% May
10% Jun
27%
150
4%
210
58%
59%
700
48% Mar
64% May
29
29
20
28% May
29%
34
300
20
33%
/
8
22
9%
11%
Jun
30
M»v
Feb
4 %
I
May
26
Mar
8
Jun
4%
Feb
Jan
35
Mav
"
200
9%
Feb
7% Mar
100
22
$ 7%
19%
1,500
3,150
Jan
22 %
7% Mar
•
9
v
Feb
Apr
10
May
9%
9%
23%
700
18
A
187/b
450
May
20%
6%
Jan
10
21%
Apr
24% May
Xl7% May
16% Feb
21% Jan
21%
1,900
4%
4%
100
28%
28%
70
27% Jun
31
32%
—
33
250
27% Feb
11% May
34% May
4%
22
Feb
May
5% Jan
Jan
;
capital—
14
14%
300
15
Jan
40%
41%
2,400
32
Feb
42
May
12%
12%
300
10%
Feb
12% May
650
26
800 :
11%
Feb
15%
Feb
common.
"
33
34%
13%
14
32
common
5,500
7%
capital-,.
*
capital
26%
250
12%
400
32
Mar
8%
Jan.
28%
7% Mar
30
Jan
Apr
14
33
Jam
May
Mar
2% Mar
2,000
•
Jun
3%
Jun
48%
52
650
37%
Feb
53
16
16
200
12%
Feb
16% May
8
950
7%
Feb
1
7%
•
common
6
,
20
3%
34 %
25
250
32
; 3%,
5
common
7%
26%
11%
Works
Mar
'
Jun
9'/4
Jan
30%
31
200
277a Mar
35
25%
250
19%
Feb
27%
Jun
capital stock—
25
Swift International Co Ltd ctfs of
dep_
33%
34%
800
30%
Feb
36%
Jan
15
18%
800
15
May
21%
Jan
19
19%
350
16
Feb
21%
Jan
550
28% Feb
Swift
&
Tool
common
Co
May
Corp
Trane
208
....5
Co
(The)
United
U
8
Air
Lines
Steel
19
—2
common.
La Salle St Corp.
Bo
Union Carbide & Carb
30%
*
Inc
Woodall
Yates-Amer
55%
52%
Jun
62%
May
48
42%
15%
15%
10
Feb
40%
80
44
Mar
48
Jan
41
May
42%
Jun
Jun
17%
Jun
100
-
81%
29%
--V-
Jan
37
270
2,300
-•
15%
31%
JOO
68
Mar
823,4
Jun
Feb
33 %
Jun
11%
Jan
Apr
40%
31
47%
41%
.
Jan
30%
47%
41%
*
cat
common
Jar
Jun
May
Westinghouse
&
Elec
Wisconsin Bankshares
47
47%
38%
38%
Feb
49 %
14%
15
Apr
Maj
13% Mar
15%
Jan
29%
31%
23
33%
Jun
Week's
Feb
Indust
Mfg
*
of Prices
Low
Shares
Steel
Low
15
High
7%
Feb
ICO
3%
Feb
6% May
9%
Feb
11%
11%
200
26% 26%
153% 155%
450
2,000
21% Mar
148
Mar
15%
26%
158%
Jun
Jun
Jun
1,400
2%
2%
300
1%
Feb
6%
2 %
6%
300
6%
Feb
8
Jan
4%
Apj
3%
3%
6%
6%
35%
35%
18
18%
200 y
500
4%
Feb
100
32%
Feb
450
12%
15
500
16%
400
250
10%
11
1,050
63
64
300
Gas
30%
Feb
41
31 '
115
31
18
2C%
115
-
-36%
18%
Jun
Jun
18%
Jun
18
18%
700
14
143/4
800
10%
Feb
14%
10 %
1,300
6%
Feb
10%
Jun
A/: 4%
Jan
8%
Apr
6%
Feb
8%
Z/,''
-u."-
^
//};•
\
•*
■■''■■".rS
*
r
—
•";"
.
40%
40%
41%
900
4%
4%
4%
600
6%
6
6%
900
21%
20
21%
3,400
17%
16%
•
capital
—10
Packard Motor Car
,
v'
19% May
5% Mar
31% Mar
"3%
Feb
43/4
Feb
Jun
42% May
53/4 Jan
,
5
4%
»
23
33%
'u^4—m.
2,600
5%
10%
1,300
10%
20
23
14%
13%
44%
»
-»
.
-2%
corn.
Co
17%
145/a Mar
//•/;•
6% May
12%
Feb
21%
Jun
17% May
'
•
•
Airways Corp
new
Mar
•
Co
'
Jun
37%
16%
2,500
5
Co
32% May
115
Feb
14
'■
■•?..•■•
—.1
1
Inc
17%
11
Feb
Mar
9% Mar
15
9%
Feb
Apr
45% Feb
40
20%
Mar
Jan
13% May
15
Mav
17
Jan
11%
Jun
Oil Co
Radio
Corp
450
1,150
100
500
51
Mar
(The)
of
•
common
44
America
common..
1
Republic Steel Corp common
Socony Vacuum Oil Co Inc
*
600
1.000
143/4 Mar,
4%
Feb
834
Feb
18% Mar
Jan
16%
5% May
V.vU% May
263'8 May
15%
.
2.000
13%
Jun
23 %
45
5,150
44
Jun
45
Steel
Sunray
Feb
18%
Apr
United
Corp common
Corp
Corp
9% Mar
15%
Jun
Wilson
&
1
Oil
Co
common
—1
_
15
1,800
83/a
29%
31%
1,000
21%
22%
6,300"
87
•
87
88%
9
14
f
27%
28%
14%
15%
3%
-
V
3%
3%
700
300
14
28%
-14%
•
•
•
600
9
1
Studebaker
Jun
;;
21%
25
Spring
Apr
14
40
31
—15
Standard Oil of N J
17%
,16%
■t-
37%
14
•
Radio-Keith-Orpheum
62
12% Mar
38 Va
Jun
64
Pure
Jun
May
30%
4
Pictures
9%
18%
F
i.
RR
Feb
92% Mar
37%
18
I
14%
...1
-
Corp
Pan
Pepsi-Cola
39"%
L—• %
(The)
Light
May
Pullman
39 %
_—
Motors
American
Amer
16% May
.
Central
Paramount
Feb
•
•y'„
York
4% May
Jun
*
Nash-Kelvinator
New
2% Mar
8%
12%
100
Farnsworth Television & Radio
Laclede
4%
8%
16%
—25
System Inc
Graham-Paige
3%
8%
15%
50
Motors
May
7% May
Jan
•
Ry Co
General Electric Co
Standard
57%
v7f 17%
17% 17%
14%
15
Jan
14%
Feb
Feb
Jan
Jun
.
14
14%
Feb
V:'V
16%
17
3%
I
12%
57%
11% Mar
14
13
1
Curtiss-Wright
North
13%
10% Mar
14
10
Products
Gas
12 V? Mav
5%
'
4
400
5%
10
12
com
Corp
Pacific
Continental
High
14%
11%
13%
.
Unlisted Stocks—
Columbia
Range Since January 1
10%
12
5
—
capital....
American Air Lines, Inc
American Radiator Si St 8an
Anaconda Copper Mining
Certain-teed
for Week
25%
2
common
common
Mach
12%
com
Alleghany Corp —_——.—I
Canadian
Sales
Range
"""3
ZZZ110
100
900
Feb
25
56%
13%
♦
Jan
10% May
6
450
Jan
—5
42
3
common
common
Jun
14%
G%
4%
*
Corp common
Corp
Feb
'
0
Bastian-Blessing
Belden
34%
capital
Corp
Container
35% Mar
4
common——
10% May
29%
Sundstrand -Mach
48%
4
Co common
Washer
250
1,000
Jun
23% Mar
'
27%
25
40
5
Athey Products Corp capital
Automatic
Jun
1.300
20
55%
5
Allied Laboratories
common—
American Tel & Tel Co
Jun
32%
1,050
Standard Oil of Ind
17%
Last
Par
20%
900
22%
Clothes
Stewart-Warner
41
Friday
-
1,600
41%
10%
Stockyards capital
Standard Dredging common...
11% Mar
Sale Price
■
5
May
16% May
Feb
Mar
*
Nat
34% Mar
Chicago Slock Exchange
-
9%
28
Jan
10%
Corp
Bend
Armco
STOCKS—
64%
3% Mar
400
Mar
•
Atchison Topeko & Santa Fe
Bethlehem Steel common new
,y.vV ;;:
Jun
Mar
10%
10
common
& Co
Brand
17%
52%
40%
12%
52
10%
27
Shellmar Prod Corp common
Signode Steel Strap common—*
39%
40
»
Jun
30
Jun
7%
52%
jq
,
System
Jan
18% May
10%
common
class
Cummins
16%
25
Feb
9% Mar
200
17%
5
common-
Corp class B
38%
—25
common
21
Feb
10%
common
Sangamo Elec Co
Thor
5
—*
Packing common-—
.
St
11%
%
38% May
Mar
15%
200
63
Spiegel Inc common
v
Jun
14
Machinery
Rubber
13 % May
91%
v
Feb
17
110
18%
vtc
Pennsylvania RR capital
Hath
5 R % W •*
36c
•
Jun
28
Jan
17
common
37% May
10%
Z*
Jun
10%
18%
10
preferred
Feb
•
Inc
64%
Feb
7%
24%
6% ':"'7-'•
Co.—
Corp
Feb
21%
65c
Car
31%
90%
100
Jan
50% Mar
250
15%
20%
*
&
28%
;
16% May
9% Jan
Feb
19%
400
4%
.
*
capital
51
14% Mar
2
4%
15
*
com
(new)
common
>34%
5o
Co
Westinghouse
11%
Jun
25
Co
Shoe
14%
37%
preferred—
Webster
Apr
Feb
6%
Apr
--350
41
common—
Electric Switch
Sunbeam
Assn
Fruit
4
Jan
•
Tool
11%
41
1
26%
239
v
Jan
"
4%
15
common
75
36c
-
1
10
100
common
Manufacturing
Oak
32%
19% .21%
2.50
55%
,
Penn
•
■
56
common
Illinois
Peabody
20
.
55%
25
8
Jan
14%
2.50
29%
22
26%
42%
100
27 •;*
28%
*
Apr
100
System
10%
26%
*
20
:
41%
l
Electric
Jun
12
Apr
59%
8
10%
common
270
50%
Jun
Mar
■>
1,050
26%
1
Bancorp
21%
'34%
_
inn.,.'.,
RR
Waldorf
Un.lv
American
North
23% Feb
♦
—
Union Twist Drill
6%
Co
Northern
93
•
16%
10
common
Muskegon Mot Spec class A
Jun
11
17
common—1
common
Modlne Mfg common——Chemical Co common
Feb
58%
7%
250
Monroe
81
14%
_
United
Jun
X45 % X45 %
Corp
•
Folding Machine———_10
United
Jan
68
15
'
17%
17
capital
West Corp
21
100
Works
Pennsylvania RR
Quincy Mining Co
&
66%
'
3 %
110
Jan
11
600
17-
♦
common
Marshall Field & Co common
Jan
x25
34%
•
Dk
RR
Miller & Hart Inc
Jun
75c
40%
100
;
—
Alkali
Torrington
€4%
75c
3%
33%
common
Harvester
Ext
&
100
X25
25
—.
North Butte Mining
Mills
Stone
31% Feb
100
33%
'
preferred—50
Theatre
Pacific
S
34%
—
1,500
4,150
10%
Pneumatic
Sears Roebuck
Corp
Shawmut
685
58%
64%
10
5
Salle
Middle
Apr
45.76 45.76
*
N Y New Haven & Hartford
U
-V'*,
63%
10%
10%
>35 !.
56%
—
64%
1
10%
21%
15
England
Reece
7%
75c
'
10
•
84%
32
1
Copper
Boston
Rutland
6% Feb
64%
21
21%
Jun
Jan
Apr
13% Mar
100
20%
33%
21
♦
England Tel & Tel
Rexal)
Feb
56
••.
6%
10%
•v
Feb
9%
550
32%
84
*
National Service Cos
Reece
:
6%
75c
—
•
common
Nash-Kelvinator
New
156
53;
61
>i:<3
2%
200
8%
13%
common
Montgomery
84%
•
preferred
New
;■
6%
•
66%
100
Stores.
Central
5%
-
100
Copper
Mathleson
17%
53
f-
ino
Capital Corp.—*.,
Royale
Lamson
Feb
10%
y;y.;;
15%
8%
1
6%
Inc
Group
Kennecott.
Loew's
5%
5% Mar
17%
Jun
Jan
Apr
7% Jan
Gillette Safety Razor Co
•
International Button Hole Mach Co__10
Maine
9
20
General Electric
Isle
Jan
10
:,v~
63%
29% Mav
May
82
200
•
&
Central
Northwest
».
Lines
First' National
5%
9%
:
15%
Libby McNeill & Libby common
7
Lincoln Printing Co common
—1
Lindsay Lt & Chera common—.———*
Apr
6V0
5
adjustment
Eastern
4
8%
-r
—10
1st preferred
May
9%
mi-
Rv—
6%
3
6' %
•-
10
6%
25
8
100
9%
La
Apr
3%
100
Co_
Street
48
8
—
Mass
Feb
3%
,t
Service
32
7%
100
&
205
100
100V
Boston
45%
100
pfd
T,t
Boston
Calumet
44%
9%
12%
Katz
Mar
44%
pfd stamped
1st pfd stamped
1st
C
cl
(stamped)-
6
Jun
39
Feb
8% Mar
4
12%
Brew Co capital
International
Apr
24
100
1st
600
20
100
Drug Co common
Kellogg Switchboard common
Feb
43% May
18%
•
Illinois
Independent
Boston & Maine RR—
6%
3%
25%
600
100
10
common
Hlbb Spencer Bartlett
Leath
7%
6%
1%
common
Razor
Harnlschfeger Corp
40% Jun
,70
41%
100
Boston Herald Traveler
Feb
9
3%
100
65 %
May
8%
•
Auto
(W H)
Lakes
Helleman
55% May
Railway—,-
_—„
32
25
Jun
115% Mar
Feb
700
4,600
Mar
12%
Apr
523/4
250
■
66
Feb
112
Jan
14% May
Jun
7%
29
600
27%
—
*
Inc
Hammond Instrument Co
Jun
37%
X21% X21%
122% 124%
X21%
>100
j
500
63%
25%
93/4 Feb
64 %
Jun
Jan
493
50
Brewing
Illinois Brick Co
Bird
20% Mar
150
'
26%
•
America
Drive
(Peter)
Great
147% Mar
30
2,423
53%
of
Gossard Co
High
'
153% 155%
•
Copper
Range Since January 1
Low
6
37%
100
Woolen
Shares
51%
100
Tel
&
6
Mills
Gillette
High
2% May
•
Dredge
General Motors Corp common
Gibson Refrigerator Co common
Sales
of Prices
Low
1
Agricultural Chemical
Tel
25
3,100
12%
27%
1
(The)—.
Connell
Four-Wheel
for Week
Range
Par
American
10 % May
6%
Corp
Fox
Exchange
Last
American
15%
Feb
••
f;
65
61
27%
& Dock Co common
Amer
Feb
W/u
113
253/4
,—
Lighting
Mfg
Flour
Fisher
10%
6,800
14%
643/4
11
May
100
13%
64%
Jan
38'
Feb
22%
112
common
Eddy Paper Corp
,
6
1%
15
64%
Co Inc
Dodge
Jun
Boston Stock
High
Apr
Jan
Jun
1975
LOW
3%
31
300
9%
13%
61
Co
Service
Coleman
Jun
Fitz
&
f-/
22%
64%
Domestic Credit Corp
Alles
2
9%
%;
Cities
Jun
106
Feb
•
300
'
44%
Range Since January 1
•'
37%.. ; V;/! 50
15
9%
Convertible preferred
Curtis
4s
A
'4%
2
——
common
Commonwealth Edison common
Transit Co
series
5s
2
Chicago Mil St Paul & Pac vtc,
Chicago Towel Co conv preferredChrysler Corp (new)
BONDS—
Baltimore
Corp common—
preferred
Si 8 W
Chicago
Apr
20
10
100 ]l'r
23%
23%
100
4%
common
Cherry Burrell Corp
Mount Vernon-Woodberry Mills—
6.75%
4%
(A M)
■' y
;•
Jan
-
*
.
common
Convertible
Jan
5
23
111
Shares
■
High
Biscuit
Co
&
Central
*
::io
of Prices
Low
Carr-Consol
High
16%
Sales
for Week
Range
lie Price
"
■
TOO
Week's
Last
-
3.10
t c
25
Friday
Shares
•
t e—.
v
Sales
of Prices
15%
com
v
JUNE
STOCKS—
for Week
Range
Monday, June 28, 1948
EXCHANGES
ENDED
*
Par
Arundel Corporation
Baltimore Transit Co
WEEK
Exchange
Week's
Last
FOR
CHRONICLE
„
x25%
8
7%
23
Feb
Feb
15
i
May
*
Jun
Feb
11% May
Feb
31%
Jun
14%
Feb
23
Jun
69%
Feb
91
Jun
100
-
42
r'
11%
600
16% Mar
Feb
,15% May
29
Jun
8,800 >
9%
Feb
1,200
2%
Feb
15% May
3% May
12%
Feb
173% May
Volume
COMMERCIAL
THE
Number 4711
167
FINANCIAL
&
OTHER STOCK
RANGE
FOR
WEEK
(2819)
CHRONICLE
EXCHANGES
ENDED
JUNE
25
V "*
"Vt •'>'
8TOCKS—
;
,
Friday
Week's
Last
Sale Price
v
Low
;
-American
Burger
Laundry Mach
Brewing
20
Cincinnati
Gas
(
-25
;
Tel
Bell
Sub
25.'
'
28%
>
29%
99
-140
•'•••
23
■.
Crosley Motors
Gibson
■••75%
75%
75
.1
Mfg
Co
*
..
__—_—
50
50
20
19%
20
>
598
44%
45%
327
1—
"B"
J.
U
S
20
68%
652
62%
->6%
—;
.
100
56%
56%
>13
50
8
Jan
42
45
179
40
48%
48%
39
48
Jan
May
\
437
4
400
3%
Rights
Products
Murray
Packard
Motor
•Park
Cleveland Slock
»
-
■
-
,
Friday
.
Exchange
100
2 % Mar
1%
500
Parke
''
'
.
•
2,475
%c
1%
Feb
STOCKS—
-
;;
":
t'
:
' *
r
;
*
Sale Price
Par.
:
for Week
Range
Shares
* of Prices
low
t
•Rickel
Range Since Janaary 1
low
High
•
River
*-
High-]
-;:
Jun
3%
Jan
21%
Jan
29%
Jun
17
Jan
100
9%
4%
Mfg———50c
\AUeghany Corp
—i—J—:—;1
(Un)
'American Coach & Body
'•American Tel & Tel (Un)__:
Apex
*>.
...
Mfg
Electric
i.
-,k
_
v/v'-'--
c..'
•.!
-
.v.;
.
1
25
—-*
■
Cleveland
$4.50
Cliffs
Iron
'Cleveland
Chemical
Dow
Eaton
15%
161/e
740
13 Vs
Feb
"2%
~2%
2%
596
2%
Feb
3Vz
5% May
3% Jan
4%
5
600
4»/4
Feb
3%
3%
"120
3V4
Feb
291/4
29%
1,311
5'/a
5%
480
4%
-3%
3%
200
3% Mar
3V4
29'/4
"
*
50
1,636
73120
„——.1
■'»!
,
Electric
General
Motors common
Glidden
Co
Goodrich
(Un)
common
(Un)
McKee
94
337
14
Mar
65
20
Mar
50
40 V2 Mar
22
12
National Tile &
N
Edison
Ohio
Ohio Oil
(Uni
*
*
i
M
r
''
Thompson
u"'
Ohio
Oil of
Products
U S Steel
common
Van
Iron
Dorn
Jan
35
15
Feb
15%
6%
4%
Wz Mar
100
/■''•
4%
1,405
2%
Feb
5
211
12%
Feb
18
a34% a34%
62
27%
Feb
34%
a40% a41%
57
26%
Feb
43
Youngstown
Steel Door
4%
Jan
7%
Jun
26%
26%
425
21%
Feb
28%
Jun
60c
._
60c
700
52 %c
Feb
13%
13%
2,030
al6% al6Vs
—
50
Feb
11%
a20% a21
—
Products
12%
2,407
a33% a34%
Corp
,
'
10
14%
417
22%
Feb
Engineering
Steel
41
Feb
47
95
34%
535
£4% Feb
35
Jun
a54% a54%
a80»/a a82%
10% 10%
a84% a85
—
,
50
—
59
39%
Feb
67% Mar
65%
Feb
14 Yt Mar
19% May
13%
Feb
20% May
300
54%
Feb
65%
64%
64%
18%
18%
50
;
12% Mar
Bk
19
19
214
6
6%
675
5%
Apr
44
47
8,760
29 %
Feb
10% a 10%
75
6
46%
a
al0%
9% May
Holly
Car
Motor
Hudson
4 Hunt Foods Inc
Jade
New
New York Stock Exchange
Detroit Stock
York Curb Associate
Kern
£
DETROIT
Ford Building
50%
Feb
61
75
21%
Jan
30%
12%
Apr
14%
75c 87 %c
14,050
60c
Feb
95o
1
100
85c
a302
a302
11
1,155
9
126
1
:•
9
5% Mar
: 8 % Mar
.
a!4% al4%
50
10
Jan
63%
64%
1,009
51
Mar
34
36
780
24
Feb
a44% a44%
160
39
Mar
100
92
Feb
115% 115%
*r
4
Aircraft
Lockheed
Mascot Oil Company
/
Menasco
National
Detroit Stock Exchange
'.Week's'.;',..
Friday
.
,
Last
STOCKS—
;
-{,
Par
Allen
Electric
American
Sale Price
12
Products.
of Prices
Low
.
A
,
Metal
Range
—
.
.
.
:2%
26
Briggs
Sales
Occidental
for Week
JShares
Range Since Janaary 1
High
Low
2%
300
•2%
Feb
2%
Jan
26%
880
19
Feb
26%
Jun
Brown-McLaren
—
Paper
■Pacific
s
Davidson
Detroit
&
Detroit Gray
-
Steel
Electromaster
For
_1
1
-10
Stove
.Products
common
footnotes
see
page
i—.—.1
43.
10
21%
Apr
Jun
Pacific
Lighting Corp
1% May
Pacific
Western
16%
524
12%
255
21
10 y8
1,565
9%
10%
Apr
Feb
Mar
6% Mar
6% Mar
3,850
6%
17%
3%
Apr
;/ 60
1.60
25c
1.45
1.70
15,520
23c
25c
1,500
10%
10
10%
1.55
14,318
4,195
/
Jan
Jun
13
97%<j Feb
Feb
45
Jun
51
Apr
20%
1,880
Jan
30
Apr
46
28
695
1.35
1.25
1.35
13,550
22%
22%
355
14%
Jan
1.15
1.20
250
90c
Jan
Jun
10 y4
Jun
3,227
3
13;
25
6%
Republic Petroleum Co common
Drug Inc
Ranch
Richiield
Jun
Oil
Oil
Co
Corp
common—
•'
2%
3y4
665
10%
Apr
Feb
13% May
300
19%
Feb
25
200
'
2 Ve
Feb
/
a 14%
Ryan Aeronautical Company
•
.
;■
1.10 Mar
55c
1 :V 2.80
17
20
a7%
50
6% May
50
14% May
a7%
al4% al4%
Safeway
,
Seaboard
Jun
3% Jun
.
Sears
Stores
Inc
Finance Co.
Roebuck
&
Co
Feb
95c
'
22c
24c
Mar
15c
"26,400
11%
250
Feb
6%
Mar
35c
45c 57 %C
6,200
2.70
2.90
"32,135
1.95
Feb
16%
17
510
12%
Feb
1.40
Jan
24%
Jun
1.30 Apr
3% Mar
1.50
Jun
9
May
15
May
24c
Jun
13% May
70c
Apr
'
2.90
17
Jun
Jun
"k
20
21
a34% a35%
34
34%
700
15% Mar
227
30% Mar
250
33
21%
36
^
Mar
35%
28% Mar
31%
Jun
Jan
Jan
Apr
30%
203
a52 % a53%
385
47% Mar
53%
Jun
a56% a57%
100
49
Feb
57%
Jun
a55% a55%
10
39
Feb
51% May
30%
2,190
30%
a52%
Jan
13,650
■
.
'
1
1%
2%
1.50
11%
22c
•
1,000
2%
1.30-
""
*
a55%
1
2.50
29%
29%
6%
7
990
1
»
1.15
1.15
1.20
7,400
40%
38%
49
16,753
15%
Jan
49
Jun
6
6
6
300
"4%
Feb
7
Mar
—1
5
al9%
1
*
18%
18%
—
41
Jun
13
-880
Rice
.
Jun
21%
25
3
a7%
"
Mar
4
2%
1.45
Jun
Jan
45
>
Jun
16
27
22%
1.70
Feb
May
8%
46
*
4% May
17%
34c
21c
28
*
10
25
25
25
•
10
Jun
18% Mar
17%
Feb
10'/a
common
Corp
Oil
Puget Sound Pulp & Timber Co
Jun
23
20 y8 Mar
1,810
21%
common
10%
21%
21%
Products
36 V*
1%
9%
6%
5
20
Iron
Detroit-Michigan
•petroit
Navigation
common
—
6%
1st preferred
5%% 1st preferred
Rexall
1
Cleveland
Clay
Pacific Finance Corp
Feb
29
200
21%
9%
Bros
Edison
1%
151
Corp
Pacific Gas & Elec common
.
9% Mar
'295
-16%
r_
Continental Motors
Detroit
34
1%
s.-.——
Burroughs Adding Machine.
Consolidated
10%
34 '
Petroleum
Jan
5%
Feb
14%
1
Oceanic Oil Co
;
14%
15%
14%
1
Jun
May
200
16%
1
125
22% May
a4%
1
1
—1
45%
15 % Mar
a4
1
City Lines Inc
% Northrop Aircraft Inc..—
High
10%
Rubber
Manufacturing"
Co
Co
Petroleum
i National
Mallinson Fabrics
,4 Nordon Corporation Ltd
,
Baldwin
1
Manufacturing
Merchants
Jun
Jun
'
Telephone: Randolph 5530
V
Jun
64%
200
16%
1
15%
36
282
10c
Corp
Jun
May
22,825
5
Co
Petroleum
10
5%
1
County Land Co
Jan
11%
11%
a4%
1
Corp
Jan
Mar
320
21%
1
10c
Jun
4%
11%
10
-
Apr
11
Mar
21%
4%
33 %c
Corp
Feb
295
32
10%
a302
6.66%
Lane-Wells Co
Lincoln
Jan
35
1
—
Company
4 Kaiser-Frazer
Chicago Stock Exchange
Exchange
Oil
Jun
12%
341
B
common
Petroleum
Intercoast
7% May
47
13%
13%
*
Co
Independent Exploration Co
Members
19% May
20% May
a29% a31 Ve
common
Corporation
Hupp
Wateing, Lerchen & Go.
Jun
a56% a57 %
4
1
Hotels Corp—
Development Co
Hilton
Feb
16
20
;
;
Jan
450
18%
(The)
Corp
Motors
31%
225
18%
64%
,•
2x44 :' —
10
64%
Gladding McBean & Co
*
36
Goodyear Tire & Rubber Co common—*
Hancock Oil Co class A common-.
♦
115%
General
May
85% Jun
20
A
class A
Corporation
Garret
Jun
12
Mar
class
& Merchants Natl
Fitzsimmons Stores
20% Mar
Jan
Jan
31% May
•
-—
4 Farnsworth Tele & Radio Corp
59% May
82%
7
30
al87/8 al8%
—
V
50
Ltd
Oil Co
Farmers
Feb
26
7% May
13%
15
26%
"
Exeter
Feb
7%
10% Mar
50c
Products Corp
Electrical
Apr
1>'" '■
Mar
1
—•
1
—;
Corp—
Industries Inc
Dresser
31% Jun
264
Apr
20
26
•
common
—
Consolidated
Jun
'33%
' Ci
k,.
—
(Un).
Feb
45%
'
j-
45%
>—
r->
K
7%
15
18%
2.50
Fuel & Iron
Consolidated
22y8 May*
50
al4Vial4%
a29P/i a31%
—
Feb
6% Feb
14.127
12%
—20
1
Corp
Investment
Douglas Aircraft Co Inc
94
77 %c Jan
May
10%
17
170
9%
12 y8
6%
*
♦
Co
6%
10%
Jun
16%
•
Tube
Sheet
17,805
„
2
1
Corp
Creameries of America
Jun
U;"
High
Low
7%
„
33Vic
Preferred
Jan
—
Range Sine* Janaary 1
6%
26%
>
20c
Jackson
Colorado
May
al6% al7%
4%
17%
_*
Youngstown
10
Chrysler Corp
Jan
"
common
Shares
High
6%
1
for Week
Range
of Prices
Low
1
Appliances
Oil
Chica
Certain-teed
Jun
5%
2% May
Sales
Week's
Sale Price
Jun
40%
5%
Feb
Angeles Stock Exchange
Co
Home
Bolsa
Jun
28
Feb
■
1%
975
2ya
2
'
May
Jan
(Un)
Works
Jan
Jun
Apr
'Feb
10
,
f-4»!>
■
14
40
Broadway Dept Store
33%
—*
common—^
Feb
.Jun
Consolidated
Byron
24%
.
rr
\
'Standard
Oil
Basin
Bendix
Central
12
1,084
Feb
11
common
Jun
25
50
Corp of America (Un)Republic Steel. (Un)
Bros
Jan
•
—
Barker
Barnhart-Morrow
13%
100
14%
Apr
Jan
6%
40
Company
48
8
^
Petroleum
Bandini
Jan
28
Richman Bros
■
Jan
31%
925
7%
12
200
Blue Diamond Corp
25
Apr
150
Last
Jan
40
14%
-1
Radio
;
15
17
25
28
v-r*
.
(Un)
RR
,
-
40
.—__4
(Un)
'
,14%
13%*
34'%
Feb
6
12
Friday
Jun
*
common
^Pennsylvania
34%
10
Mfg
RR
Central
Y
—
10
300
Jun
40
STOCKS—
May
—*
—
Cement
Metropolitan Paving Brick
;
W '
*
Trans.-
Los
May
■
Feb
875
6i/a
Jan
23%
12
1
~
May
64
20
a44% a44'/2
42%
13%
5%
146
7'/b
•
—_—
10 % May
Mar
a60% a607/8
>
17% Mar
Jun
3%
40
1
47y4 May
,
6
Feb
3
100
2c
Jun
-1
'Warner Aircraft
50% Mar
38 y8 Mar
t
Jun
3% May
Feb
%c
*500
31/4
10% "11
Jun
23
:
47 V* Mar
—f"
"B"—_
G)
Portland
Feb
21
206
a25% a26V8
r;
.
Steamship
(A
Feb
43
28
——--^——50
&' Sessions
Lamson
Medusa
20%
64%
/>:
Jan
Feb
2%
1,334
22
71/8
;
15 y4 May
50% Mar
14%
&
Feb
144
23%
42%,
Lime
9y8
64%
■
Jan
8%
16%
12
.—50
Dist
;;.VU S Radiator-new pfd
Jun
a63%
23
--—-I---—;.;
1
1
Jun
43
14 %
Island
65%
89
31% Mar
—
Kelley
Feb
Feb
225
—
Harbauer Co
Jun
Feb
47 V*
4iy8
*
Interlake
•
47
32%
40%
a
31/4
22
Par
■
i:.-—.;-
Shirt
United
'
';; 3%
.4
Investment
Jan
4
Apr
6% Mar
5
'Preferred
Union
Jan
6%
Jan
50
Stores
Drug
34 y2
51
50
Halle Bros common
Gray
26% Mar
a9y4
*
3-%c 3 %c
5
common
,
,
*
common, i—
F)
Goodyear Tire & Rubber common
Axle
common
33%
Feb
6% Mar
200
1,927
400
_1
Mar
28
Jun
78
;4' 110
&
Apr
41%
a9%
,
(Un)
(B
81%
Feb
43% Mar
155 '
22%
Feb
75 % Mar
34%
-
a49% a49%
(
.
16
71/4
16%
...•7%
16'/2
1
com
Die—
&
Tivoli Brewing
Jun
•
-
__
1
Jun
'.
-
5
—
Udylite Corporation
Jun
17 V*
Tool
-Timken-Detroit
45% Jan
;33
287/b Mar
-12%
-
5
:
-
10
L
Gabriel Co (Un)—1
General
a87I
22%
25
(Un)
l
'
25
al5% al5%
& Rubber
Jun
20
a46% a46%
•
Firestone Tire
Feb
28
a63% a637/a
Rubber
Apr
"
152
a87
Faultless
12%
8ya
"37%
75
79%
*
,
Jun
515
16%
4
(Un)
158%
38%
Controller
'Erie Railroad
147%Mar
a47 % a48
15
Paper
Manufacturing
--Superior
Jun
a29% a29%
15
common
24%
78%
Manufacturing
Electric
Feb
117
37%
16%
Bronze-1 (Un)—_1
Gas (Un)
'16%
38%
.—*
com__
4% May
2% Mar
:
a31% a31%
100
Ulumin
Graphite
Natural
Consol
37%
.1
common
preferred
Cleveland Electric
Jan
••
.•
!
3%
Jun
'
190
all7/8 all%
__
..
110
al54%al56
—
•
Jun
May
16 y8
.
a4
24%
24
3
660
3
-
&3%
.
—100
'Chesapeake & Ohio RR
City Ice & Fuel
1
.h
'.
'
——;_5
common
•
.
3
5
>
2
Standard Tube class B
•
'
Akron Brass
Raisin
Shelter
9y8
9%
100
200
1
::4-
W)
(H
Jun
Jan
2
29
9%
"
Last
lc
Jun
2,760
Jan
..
Products
:'
lc
4%
*
Metal
3%
2% May
2Vb May
Feb
28
1
-----
Davis
.v.
1%
1%
%C
1%
•
Car—
Chemical common
Peninsular
Sales
Week's
-
2%
1%
-
Apr
2
Stamping common
:
.
3
4% May
3% Mar
100
10
:
Corp
National
,
300
3
2%
-
*
—
Jan
41/8
2'/2
—
15
4
50c
Abrasive
Mid-West
Jun
Feb
8%
3
4y8
1
Michigan Steel Tube
Motor
22%
312
Jan
56% Jun
49% Apr
50
Jan
Feb
10 y8
L,
—
—
McClanahan Oil
Jun
16
101/8
—
1
com—*.
Jun
8%
210
.—2
common
Products
Screw
Jun
18%
Feb
Feb
22'A
1
Stamping
LaSalle ' Wines
Masco
—1
;
15%
Feb
7
14%
221/4
———*
common
8
14
100
17%
7%
__
Jan
5% May
5% Jan
460
15
17%'
_1
8%
Feb
124
15
2%
«,
common--—.—
Motors—
Products common--—__—1
Kingston
Jan
71% Jan
Jan
7%
56%
.—50
5%
4%
Manufacturing
9% May
64% Jun
Mar
5%
Electric
Lansing
29
Feb
42
10
*
:
23 %
67%
68%
7%
Printing common
Preferred
•
1—:
Playing Card
S
r~21% May
23 %
*
'
Feb
6% May
4>/4
Kaiser-Frazer
20
Jun
47% May
Feb
52%
4,899
_1
common——
Hudson Motor Car
,
5%
374
8
May
1 % May
23% Jan
Feb
1,050
9%
64%
7%
77/b
.
Houdaille-Hershey
Howell
Jan
58
40% Feb
44%
49
1
,!■
i
18
Paige common——-—.—1
Hoskins
Jan
'■Jan
.
—
High
12
Feb
" Feb
90c
210
21%
8%
9
10
—
Brewing
Graham
Jun
10% May
i'6% Mar
•
Randall
-81
13
Jun
50
.*
& Gamble
■
Motors
Goebel
300
64%
1
Industries
Wood
General
Low
9%
100
10%
21%
Trailer
Range Since January 1
High
1.1
—.
Gerity-Michigan Corp
8ya Jan
6% Apr
225
•
1
73
Mar
10% Apr
/
Gar
26% Jun
29% Jun
102%
May
—10
Lunkenheimer
;U
10%;
>
Jan
®
'
—_—•
common.*....,
Kroger
Proctor
9%
—
v
262
14
Art.
Hobart
93
790 1
Cinn Union Stock
Shares
,10%
Truck-;
Ale
Fruehauf
32% Jan
23
Apr
■'
Feb
Feb
18
345
.-74
5%'x/v
-50
——•
>29% Mar
20
'' Feb
35
Friars
High
Low
55
25 Vs
27%
.
100
_
Cincinnati Street
Cine &
21%
99
8.50
common
Preferred
.
31%
21%
V
Champ Paper & Fibre———
Range Since Janaary 1
*.
High
Motor
Federal
Shares
31%
„
■■
———
for Week
of Prices
for Week
Low
Sales
Range
-
Range
of Prices
Last
Sole Price
4
STOCKS—
Sales
Week's
Friday
Cincinnati Stock Exchange
V
35
al9% al9%
19%
41
160
Mar
22
32
Jun
"
5%
85c
-
Feb
7% May
Feb
1.30 May
17% Mar
20% May
3,710
15%
Apr
20%
648
32%
Feb
41% May
Jun
COMMERCIAL
THE
(2820)
36
Monday, June 28, 1948
FINANCIAL CHRONICLE
&
OTHER STOCK EXCHANGES
RANGE
Week's
Last
Sale Price
Low
Par
Security Co
Shell Union Oil
Trading
Corp
Sierra
——j
52%
52
52%
43 Vz
43%
44%
200
155
148
37c
40c
29%
32%
30%
30%
669
38%
•'•:'25
Ltd com—25
—
25
Southern Calif Edison Co
preferred-
4.32%
cumulative
4.56%
Oil
Standard
Oil
Sunray
May
27% May
24%
303
29
1,465
34%
34%
34%
790
32% Feb
34%
60%
435
44%
Feb
60%
Jun
71%
72%
1,135
55
Jan
72%
of
Jun
15%
4,552
16%
110
12%
2,920
Calif:
72
14%
14%
1
16%
a
50o
12%
2
Corporation
a
'.v 2R%
22% Jan
;
28%
:
Jun
-
14%
270
13%
21%
Feb
82%
666
81%
—*
Corp
V.
35'%
67% Mar
4%C
1,000
3c
Mar
1.00
1.00
100
70c
Feb
4c
5c
12,000
2c
Mar
;5.
6C
6c
1,000
4%c
Feb
:
5c
Co
———
4
•
1
Corp.*
Refining Co
*
American Tel & Tel Co————100
64%
Co—;
American
Viscose
Anaconda
&
Atchison
—
Corp
(111)—,
Co
Topeka
:
Barnsdall
Oil
Co
——
u
Airplane
Borden
Company
39%
a32
Columbia
Gas
&
Consolidated
Edison
Vultee
Co
Aircraft
Jah
42'/2
Aor
111
May
17% Jun
Salt
10%
Feb
16'% May
Scott
Feb
Reading Co
44:Jun
27% Feb
25%
135
25%
a62%
a63
10%
'
:
.
856
10
19
61
Mar
63%
Class
10% Feb
14 Vz
25% Mar
Mar
/
3»/4
United
5,650
24%
280
21% Mar
10%
448
10%
.16% Mar
10
240
a31% a31%
10%
•
1,930
:V.;rv30v''
11%
250
2%
.
Feb
Jun
6% Mar
10
Mar
69
50
7% Feb
.ij—__
1
Co—
7%
7%
1
120
72
a22% a23%
5
14%
16%
565
,
VV '
Jun
Jun
Blaw-Knox
11%
Clark
L)
(D
Columbia
Jun
Gas
Fort
740
Ry
a39%
•
14%
*
;
Corp
14%
a60% a60%
a60%
X- .*■'
:
Co
Iron
1
International
Tel
Canada
Jun
42%
Jun
Lone
Feb
40
Jun
Ohio Oil & Gas.—.-
&
Feb ■)■
14%
Jun
Pittsburgh Brewing common———*
$3.50 preferred ^.U——
—r-f.
Pittsburgh Plate Glass
10
Corp
Gas Light Co
Libby McNeil & Libby
Loew's
40
51%
Feb
53%
Apr
4%
835
3% Feb
48
110
37% Mar
48
12'A
390
10
13% May J
100
11% Feb
16% Jun
United States Glass common—
50
25% Mar
33%
Jun
:
75
53
Apr
54%
i
4
16%
455
12%
Jan
16%
Pittsburgh Screw & Bolt Corp
Toy Mining
370
42%
Feb
59%
66
a6
50
4%
Feb
10%
10 Va
250
8%
Feb
10 Va
•
—
a61
Nash-Kelvinator
5
,
17%
New
York
American
Aviation
North
American
Co
Northern
Pacific
Oil
Packard
Car
Pennsylvania Railroad
Pepsi-Cola Co
Phelps
Dodge
Pullman
Pure
Oil
Steel
Regis Paper Co
Schenley Distillers
Seaboard
Oil
Co
Socony-Vacuum
Co
12 Vb
425
9%
Feb
100
15%
Apr
16%
324
17%
Feb
al6% al7%
27%
.
27%
a40% a42%
242
26%
860
4%
Feb
244
8%
Feb
20%
21%
580
20%
21%
507
13%
14%
1,205
a56 % a57 Vb
275
14%
a56%
a44% a45%
39%
*
18%
Feb
14
14%
;
5% May
11% May
Jun
22
Jan
57
Apr
Feb
2,155
135
15
a4
a4
30%
31%
Feb
8
,
49% May
44
May
Mar
8
Feb
50
*3%
Feb
695
;
1%
22%
Feb
15
11
Eqpt
&
Shoe
Electric
General Shoe
May
5% May'.,
Jun
31%
12%
a 13%
11% May
13% May
a32
50
26
Feb
32%
Apr
International
50
54%
Apr
55 Va
Jun
Knapp-Monarch
100
:"
Preferred
21%
22%
1,855
15
Feb
23%
Gas
28%
467
25%
Feb
28%
Jun
Laclede
Steel
a48% a52 %
a88 % a897/a
352
38
Jun
McQuay-Norris
102
71% Feb
Oil
(N J)
25
a49%
•'
*
;;r
28
52%
Company
Gulf
Tide Water
__25
Sulphur Co
—
Associated Oil
Twentieth-Century-Fox
For footnotes
see
Co
43.
a62%
20% Feb
10
30%
.
Feb
23'A May
Sales
{■;
for Week
Shares
Range Since Janaary 1
LOW
High
25
13
28
Mo
40
385
11% Mar
15% May
17
29%
Feb
a627/8
High.
Feb
50
Mar
768
10%
338
10%
.
Jun
33%
25
'
,
23%
' Jan
•12
■:>
14%
Jun
•!'
2%
Jun
30 Vb
Jun
Jan
70
•
—
Jan
214
-
2
:.
Jun
19% May
Feb
100
--i
39 %
Feb
Jan
.
10
Jun
44
21%
Feb
27
May
193
18%
Feb
23% May
300
50c
Jun
7% Mar
1,270
10
26%
—
—
.
3
245
Jan
39%
Jun
7%
Feb
27%
50
19c
•
Jan
Jan
10
Mar
10c
9,000
—
52%
34% Feb
.
30
8%
—
3%
Mar
30
577
37
Feb
65c
2% Mar
100
—
May
35% Jun
Jan
160
5% Mar
10
300
5% Mar
0
Apr
May
605
33
Apr
37 y2 May
38
282
32% Feb
39% Jun
30%
242
25% Feb
33
36
-
Jun
Exchange
Sales
Week's
Range';
of Prices
Low
.
for Week
9
,
50
7
215
9
27
16
20
60
11%
31
24 %
14
25%,
29%
14%
.
...
100
22'%
40'A
41'A
440
17%
63'A
64%
40
55
17'/2
2'A
40
43
43 3A
9
42%
common....
25
9'A
;
>•
5%
common
Portland
North
common
'17% Jun
2'A
29%
53%
Feb
66%
Jun
St Louis Pub Service class
Feb
62%
Jun
Sears Roebuck & Co
19%
Feb
32'
Jun
227
19%
Feb
25%
Apr
<
Stix-Baer
Wagner
&
Fuller
Electric
Jun
Jun
25
735
39% Mar
8
400
Mar
24
2%
30
Jan
Feb
Mar
45%
Jan
10
Apr
4% Mar
6%
6% May
Mar
32'% May
32
28
19%
22 %
13 % Mar
22
Jun
18 ¥2
16% Mar
20
Jun
16%
(Un)
common
49%
525
May
18 V2
125
20%
Jun
Jan
55Jun
7
21
Cement
-185
30%
64%
31%
20%
17 ¥a
14'% Mar
17'A
Jan
29'A
24
Apr
29%
Jun
31
common
a€5
20%
42% May
Mar
100
-
Jun
30%
Apr
Mayr
23% May
20%
common
American
15
115
Jan
Jan
May-
36
35
2'A
'
common
31'A Mar
51
•
450
17%
25
Feb
)
25% Mar
504
27'%
Jun
15
.
Jun
31
111%
54%
—
;
6% Mar
75
27'A
64%
:-.S
33
26% Mar
40.
22%
Jan
13%
23% May
111% 111V4
•
Jun
;Jun
-
20
'% 10% Feb
227
29
14
1
.
•
9
32
Apr
20
,
19
Apr
Feb
28%
11%
High
Low
13% Jan
140
19
27%
29%
Range Since Janaary 1
Shares
High
19
40%
(Un)_:
a627/a a64%
*
♦
—
page
1,116
,
Midwest Piping & Supply com
80% May
;• •'«
al6al7%
1
Mar
Rice-Stix
Texas
l¥2
37A May
Jun
28%
Standard
:
Jan
Feb
'
i———
Laclede
Corp
1
2
.
3
(Un)_
common
Shoe
21%
25
Apr
100
55
1
Hyde Park Brew common
Hydraulic Pressed Brick common-
28%
(Ind)
Texas
Jun
3,625
Range
—c—?
—
Griesedieck-Western Brew
3% May
•
Oil
Studebaker
Jun
12'A
22'A
Low
common
15
.
27 »A
7
3%
Week'#'
15
General Motors common
Jan
a30%
a
common
common
a54% a54%
a31%
»
-—
Electric Co common
10
Clinton Industries, common
1
Coca-Cola Bottling
^^-.0.—.1
Columbia Brewing common
5
Emerson
Electric preferred..
—
100
Falstaff Brew common
L.—
—1 r
May
25%
8%
»
1.75
Iiic
67
of Prices
Century
21% May
13%
Bidg.
Burkart Mfg common
26% May
41% Mar
48%
a2%
50c
Standard
Webster
22%
21%
Par
Brown
Feb
100
a2%
Inc
Stone &
Jun
Sale Price
STOCKS—
Bank
16%
250
39%
8%
;
Brands
Co
67
63%
l'A
V 3'A
1
Jun
40% Jun
Feb
4%
Standard
Co
60%
1,291
27% Jun
i
•
;
25
"3%
Last
common.l
.
Jun
Friday
13%
5
Oil
70 V2
St. Louis Stock
17% May
13% May
10 »/4
—
Corp
50"% Mar
12% Mar
*
of Del—
97
22% May
1,485
♦
St
€9% S.
21% Jun
17%
25
Corp.—
Corp..
67%
—
Feb
16%
33 Vb
Pictures
Republic
507A May
18%
675
4%
Company—..
Republic
8% Mar
39 Vi Mar
15% Mar
1,335
50
—
3
802
.
Apr
20%
10%
Corporation
Corp of America.
Jun
185
19% Apr
63% May
1
Incorporated
1
—1
Alloys Steel
———*
Westinghouse Air Brake
*
Westinghouse Electric Corp
12.50
General
Radio
Feb
Jun
40'A
11%
Feb
2.5o
Co——
Radio-Keith-Orpheum Corp
Warrants
_V
16%
v
.
50%
Feb
•
-
Jan
27'A
16%
21%
•
Co
Pan American Airways Corp
Paramount Pictures Inc
101%
Jun
28
11%
48%
100
j*
Company
Motor
101%
25
Jan
Jun
Mar
22%
305
20
10
—.
—
t c
American Inv common
Ohio
25
49 %
212
1
Inc
:
Feb
26'A
a61
•
Rwy Co
21%
■
6% May
19%
RR——
Norch
24%
40%
17%;
>
-^iorp.
Prod
Central
348
5'%
Feb
38%
a577/a
21%
Corp
~
Distillers
Oil & Gas...
Common v
Vanadium
Jun
—
*
—-1
San
Jun
59%
4-
7
Inc
'
Apr
Jun
4
Jan
Jun
15 Vb
v
•
Nat
24%
Apr
5%
Feb
59%
SB
Montgomery Ward & Co Inc
~
48 Va
£•
2l'A
.
49%
—5
a59% a59%
„
•
•
Kennecott Copper Corp
Laclede
May
40% Feb
250
4,459
£7
101% 101%
Star GaS———10
a32'/a a32%
—
15
Tel
Apr
22 %
'V'V-
al5% al6%
—
•
Paper Co
International
23%
40
——10
1
12
•
;
*
of
24%
com—*
48
4%
3
-
Co
19 Va
Feb
r
16%
227
4%
23%
14%
22%
•
pfd—
Corp
International Nickel
45' '
4%
—5
—
Walker
Shamrock
Interlake
May
1 Jan
18
1,322
3,320
10%
Jan
11%
General
Motors
7
2%
Brewing
Refractories
Pitt
vV-r/. V'
Northern
May
7% May
5% Mar
21%
22'A
*
Harbison
34%
Graham-Paige
13
Feb
4% Feb
19'A
42%
Corp.
Mar
155
_•
-
Greyhound Corporation
0%
Jun
'
2,678
23%
*
*
Co————
& Electric—
Commercial
Jun
a39% a40%
Great
:
Jan
65
25% May
235
•
Co
Apr
32
——
56%
Feb
17%
454
18%
Par
' ■
Alleghany Ludlum Steel.w
16%
15%
^
i
7%
20%
21%
Sale Price
;.
24%
272
—:
■
Jun
18% May
50% Mar
70
6%
Last'
Feb
9%
100
•
"7
13 %
STOCKS—
Feb
20
a23a23%
...
12
Feb £
49%
1,562
.
,
12%
11%
7
v
Duquesne Brewing
Follansbee Steel
a4oy8 a41%
'
23%
12%
1
1
Improvement
Gas
Apr
•
.
Mar
15% Mar
85
53% .V-65
22%
——*.
—
common
8%
*
:
7
'■4
923
63%
1
participating
Mining
4% Feb
General Electric Co
•-
11% May
$'i 65% Jun
385
;
53 Vb
■
Friday
■
33% Jun
27% Mar
Electric Power & Light Corp
.
Feb
Pittsburgh Stock Exchange
28'% May
3% May
24% Jun
10%
m
3%
24%
•
Curtiss-Wright Corp common—.
•
May
Feb
8
380
23%
50
—
Jun
167
A
Corp
Continntal
■{/.
n%,
17%
116
52%
240
..
Jun
Jun
Mar
110
Jun
337
3%
1
Public Utilities Corp
Goodrich
(B F) Co
10%
10%
:^:vs. 1 £■
Apr
17
Apr
33
5
Corp
158%
Feb
12%
May
53% Mar
466
a27%a27%
a27%
_•
—
Feb
al3ya al4%
25
Co. (The)—;
8%
170
226
Publishing
Foods
147"% Mar
110
64%
Paper common.—
*
Co——————————:
United
63% Jun
11% May
Jan
47
18%
Zellerbach
General
1,055
:
64%
_
—
Oil
Tonopah
Jan
63%
17%
63%
Curtis
Share
27 Vb
Tacony-Palmyra Bridge-
28% Mar
41
a60% a617/8
a61%
Crown
.
Corp...
common..
Oil Corp
Dome
Sun
37% Jun
Feb
39% Mar
•
100
10%
25
•
10
*.
Y)
23%
100
a42% a43%
25%
a42J/a
30% Mar
310
a36 a37%
a37
*
-5
15
5
69
&
10%
High
22 Vb Mar
37% Jun
5
A
Range Since Janaary 1
Low
:
15%
63¥4
Boys
12% Feb
33
8%
Bond
Jun
256
25%
17%
10
1
Philadelphia Electric Co common——-*
$1 preference common
*
3.8% < preferred
^——100
Phllco Corp common
3
Pep
tU 45% Jun
7% May
125
1
Class
11% May
49 % Jun
44% Mar
High
10%
Battery—.—
Motors
4% Feb
265
Continental Motors Corp
Continental Oil Co (Del)—
Electric
Feb
May
Sales
10%
& Light.
Power
Storage
338
,
,
36
Corp—
Corp
7 Vb
195
Shares
•15%
Pennsylvania Salt Mfg common
May
43
Corp
(N
33
128
64%
•
——10
———50
Pennroad Corp ——
——1
Pennsylvania Power & Light——
Pennsylvania RR
—50
Jun
15
36
Company
Southern
•U
112% 112%
Lehigh Coal & Navigation
Lehigh Valley RR
31% May
43
Inc.—
Commonwealth
91
235
40%
<4—5
5
_
Edison
6%
Feb
11% Mar
108
a45% a46 %
V
Feb
27%
270
all0% all5%
a45%
32
380
460
.
Commonwealth
24'% May
Feb
ri'
1,150
Co
Railway
System
595
i
all4%
10%
Pacific
Feb
;:';-a—
16
—
Cities Service Company
Cons
39%
al3% al4%
Budd Co
Canadian
148% Mar
95
Mar
May
May
157% May
16%
(The)
Caterpillar Tractor Co
18%
25%
14
~
.'65
;
15
Co———:
Borg-Warner Corp
10
12% Mar
48"'-. Mar
1,000
4%'May
15%
Corp
Boeing
300
.
3% May
49 Va May
:7
41% May
Jan
720
215
a70
6%
'
13
Corp
Steel
Bethlehem
•
100
Ohio RR Co
Aviation
Bendix
7%
162
16%
a30%
—
Baldwin Locomotives Works
Baltimore &
Mar
153%: 155'A
(Del)—
Mfg Corporation
Avco
37
a68%
Fe Ry—100
25
3
Santa
&
Atlantic Refining Co
400
64%
16
14
50
10
5
Copper Mining Co
Steel
Armco
Armour
Mar
8%
.8%
American Smelting &
Corp
3
39%
39%
Mfg
1,145
1
Airlines
Feb
335
-
.
1537/a 156
15%
—13%
*
10
Glmbel Brothers ———5
Delaware
General
American Radiator & Stand San
Feb
Apr
Electric
American
Feb
10%
Apr
for Week
25
154 %
Chrysler Corp'
——.——2%
Curtis Publishing Co..——
Jan
8c
.
Corp common—50
——'*
Bankers Securities
7
Stocks—
Allis-Chalmers
2'%
38%
230
Range
25%
*
American Tel & Tel
100
Baldwin Locomotive Works .——.13
5c
Apr
1.80 Apr
4%c
i
Apr
130
22%
Low
J
American Stores
Budd
Alleghany Corp
19
of Prices
Sale Price
Par
Jun
:
••
1
Imperial Development Co Ltd—25c
Zenda Gold Mining Co————
10c
Unlisted
Jun
370
Week's
Friday
Jun
82'A
■
10c
Chollar C & S Mng Co
Apr
15%
a48% a487/3
a48%
STOCKS-
Jan
Stocks—
Mining
Black Mammoth Cons Mining—.
Cons
—10
20'A May
Jun
3,781
Steel
28%
205
30%
11%
Last
13%
Feb
10%
35%
States
Feb
Philadelphia Stock Exchange
15% May
13%
United
30%
11%
—
20'A May
33%
California
of
23'%
Jun
Feb
9%
common___25
Oil
Jan
15
47
11%
—
,.fe
Jun
156%
*
47
11
22
__
High
42%
174
278
3%
3%
3%
—l
(F W)—
Woolworth Co
Feb
29
13% Mar
Transcontinental & Western Air Inc—5
Union
11%
12%
Westinghouse
Low
41% May
320
Jan
60%
Inc.—
al5
5
—*
—
Telegraph Co—
Electric Corp
Willys-Overland
Motors
inc—
Jun
28%
(Del)
__
10
—1
10
Inc
Pictures
Bros
al90%
Range Since Janaary 1
High
42% 42%.
al88%al91%
a29% a29%
al5 al5'A
__
0
Western Union
42% May
24%
•
*
common
Transamerica
30%
Mar
26
h380'
Mar
36
v
Lines,
Corporation
Warner
25
-
Co
Corp
U S Rubber Company
Jun
28%
Company
Co
32%
Air
United
Mar '
65c
Feb
26%
Corp..
Inc
Textron
pfd class A
6%
Pacific
Feb
15%
25
preferred
Calif Gas Co
166% May
Feb
32c
Aircraft
United
May
25
25
1
preferred
cumulative
So
1
27
:
22c
Railroad
Pacific
Union
United
Shares
of Prices
Low
com.*
100
Sales
for Week
Range
.
Sale Price
;
Par
Jun
25
4.88%
Southern
38%
26%
110
44'%
Jan
122
11,816
155
STOCKS—
'
Union Carbide & Carbon Co new
52% May
Feb
12c
5,000
29%
Corp..
Original
28%
,
41,100
•
Signal Petroleum Co of
Oil
19c
A—i——S
Calif
1
Signal Oil & Gas Co class
Sinclair
12c
19c
v
High
<
Mar
46
39
15
25c
Corp
Low
.
Last'.
<\
y
Week's
Friday
;
,
.
Range Since Janoary 1
High
30
—
JUNE 25
ENDED
for Week
Shares
WEEK
Sales
Range
of Prices
Friday
STOCKS—
FOR
5'%
jcommon..
5 ¥2
41%
A_.
——_.
common
29'A
40'A
5
57AI
17
._15
54%
7
Jan
Feb
Feb
42% May
13
-
55
May
23%
32%
41%
Af 17'A
—5
Feb
Feb
17% May
48
Feb
55%
Feb
Volume 167
Number 4711
COMMERCIAL
THE
& FINANCIAL CHRONICLE
(2821)£ n
OTHER STOCK EXCHANGES
RANGE FOR* WEEK ENDED
JUNE 25
Friday
San Francisco Stock
Week's
Friday
Last
stocks—
Par
Aireon
Air
Mfg
Corp
Reduction
%
**■.,
Alaska Juneau Gold Mining Co...
Alleghany Corp
(Un)
(Un)
Corp (Un)
American Woolen Co
3Vz
Corp (Un)
Imperial Diesel
Mfg
Corp
50
,3%
300
10%
11%
580
16
16%
585
10
Mar
Menasco Mfg Co.
-————
M J As M As M Cons (Un)—_!
4
12% Mar
May
Mindanao Mother
11%
70
51% Jan
67
143 % Mar
155
May
70
Jun
50%
70
300
619
37
Mar
a39% a40 %
375
31
Feb
Feb
—.20
29%
29%
29%
13%
13%
13%
450
305
89 %
20
Feb
5
a23 % a23%
a23%
13
Natl
New
Park
N
Central
15
Jan
May
114% May
24
May
_2.50
7
7
7%
750
6%'Mar
9
..3
6%
6%
6%
220
4% Feb
7
15%
15%
250
15%
16%
595
12% May
10% Feb
Linen
Natomas
Locomotive
(Un)..
.13
Baltimore As Ohio RR (Un)_
Bandini Petroleum
15%
1
6%
6%
7
1,475
5
256
256
270
65
230
Y
Aviation
Bendix
Home
Corp (Un)
5
Appliances...
Bethlehem Steel
33Vic
(Un)—.
Jun
7%
Jun
280
(Un).
Airplane Co (Un)—„
Borden Co
al6
__5
Sullivan
&
(Un)
California
Art Tile-class
Cotton
6
Mills—.——5
7ya
I_*
(Un)
a47%
'
(Un)_...
250
30
a36%
.
1,180
120
a34 Ve a36%
6%
Jan
Jun >,;
39%
Mar ;
1.05
19% May
63%
64 Vz
61%
{
Jun
68c
Apr
Jun
44%. Jan
54
Mar
65 Va
Jun
367
32% Feb
61%
Jun
100
40c
50c
May
'
40c
40c
22%
23
; i8%
•
common
Preferred
40c
22%
18 %
18%
3%
..—
Colorado Fuel & Iron
•
......._10c
—
Chemical Co
20
.—
Columbia Gas System Inc (Un)—
Commonwealth As Southern (Un)
Commonwealth Edison
25
al9%al9%
_*
Consolidated
Chemical
Ind
class
•
•
Continental Motors
Creameries
Crocker
Crown
(Un)
46%
Natl
wi
Rights
■
1'
•
v
•
'
.
(Un)
...5
preferred...
11
5
30%
31%
1,758
99
99%
50
B
common!——j
.:
_i_5
preferred—.
Doernbeeher Mfg Co.—
Dow
(Un)
Chemical Co com
Eastman
10%
(Un)_—;
Dorado Oil Works
103%
Feb
7%
Feb
10
8%
4% Feb
Mar
12
Preferred
;
|
242
764
6V2 Mar
8%
Jan
30
1.056
25% Mar
Apr
'46
46%
225
34%
Feb
31%
46%
Jun
a42% a43%
160
39
Mar
43%
Jun
25
Apr
Feb s 5
'
46
.
21
21
16
16
...
180
10
,
15% Feb
12% Apr
9% Feb
54':;;
al2% al27/«
5
60
Mar
Food
*
:
l
Radio
40%
:
1
a41 %
com
2.10
11%
•
10%
10
42%
1.75
10%
42
2.10
Corp
Machinery
Foster As
_
13%
16
2%
Kleiser
1.05
7%
7%
Sinclair Oil Corp
40%
■-
7% May
4.56%
General
*
41%
1,135
(Un)
*
a40% a40%
89
35
Feb
.10
64%
1,641
51
Mar
Paint
Corp
Gladding McBean
preferred
Co
63%
18%
♦
common
—
„.
Goodrich
(B F) Co com
Goodyear Tire As Rubber
•
40%
»
com..
&
Golden State Co Ltd
4 7e
19%
20
19%
100
.*
Hudson
Oil
Corp
4%
565
48
12%
1,620
17
L.*
__*
27
__.1
4%
1
10
18
21%
10%
Jun
27
V
26
Jan
4%
73%
70%
/■
74
1,370.
-
.5x-
a20% a20%
Exploration
Co
16%
IXL
.;
36
5%
,v.
Jun
7
Jan
County Land Co
Leslie Salt
Loew's Inc
(Un).
For footnotes
2:85
17%
a32% a32%
—*
15%
—_.P2
88c
10%
5
*
V 52% Feb
.
65
16%
>
78
-
Feb
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5,170
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8,855
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v
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Jun
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May
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Feb
15
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120
•
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32%
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30 31%
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22%
40
.
A
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35
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165
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,
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24
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7,190
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5%
5%
v
V
4%
100
Jan
May
48% Jun
Jan
23 Vs
.
Jun
^
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15% Feb
550
21%
—
t
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385
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1-7% Mar A
21
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535
21c
35
249,989
20
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35
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Feb
41% May
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a
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150
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25
Jan
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28%
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450
24% May
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29
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34
122
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34
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60
60
544
44
Feb
60%
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12
30%
12 V*
605
22
Feb
30%
29
29
155
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88%
27% 28 Va
16 Va 17%
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1,978
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405
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568
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Corp
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Jun
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Oil com—
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24
29
■-
Mar
21
Mar
36% Jan
495
52% Feb
66 V2
19% Feb
Feb
32% Jun
13% Jan
64%
30%
655
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7,049
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14 V*
665
41
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15
32
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May
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v !
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25
11% Feb
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7,500
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u
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Jun
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Westates- Petroleum .com (Un)_.
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Bros
Preferred
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Pictures
(Un)
SUgar
1
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—
45
Jun
51
Apr
21
Apr
25
Jan
32
Feb
35%
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I
Western Dept Stores
A
Western Union Teleg class A
Feb
10%
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Jun
>
110
110
14
Feb
24%
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180
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2,765
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•
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y
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125
•
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549
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49
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46
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50
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fi
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13% Jun
205
Aircraft
Carbon
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Mar
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25
t
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page
26
May
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.
16
Transcontinental As West Air
J
35
_7
—
Oil Co
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,
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——
a
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f:
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10
a59 a59Va
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,
16%
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14%
14%
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Lockheed Aircraft Corp.
t
Jun; .5 j
.
10c
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Co
Super Mold Corp
(Un)
May
10% May
3% Feb
635
17
a35% a35%
(Un)
Langendorf Utd Bak class B
220
.2.45
20
1
Corp.
Kennecott Copper Corp
Kern
(Un)_;
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Canada > (Un)
International Tel & Tel
n
Gas—
of N J
|
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16
19%
of Calif.—
5%
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137
16
preferred
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Pacific
Studebaker
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5
21
V
56%
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..
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California
series
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—
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19
1.60
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24
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20
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r-A
A
14%
1
conv
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|
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52
.
22% Mar
310
|
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95
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—•
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i
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865
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115
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53
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52
137
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105
1
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180
3
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30
35%
20%
110
._*
(Un)
23
72%
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Gt Nor Ry non-cum pfd (Un)
Greyhound Corp
Honokaa Sugar Co
Feb
40%
64%
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Pineapple Co Ltd—
Hobbs Battery Co class A (Un)
Holly Development
Holly Oil Co (Un)..
;
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15 V* May
Feb
7
10
•
i
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8
12% Feb
10
■
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preferred —
preferred
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t
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•
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„
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*
24
,
>
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580
*
Hale Bros Stores Inc
250
35%
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...
18%
34%
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...
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Silver King Coalition (Un)
Jun
A
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14 V*
15
—
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Shell
11%
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41%
25
Corp
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W
46%
5
325
58c
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—
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1
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and
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': 34
140
Feb
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t
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OH
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3,467
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——
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Jun
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30
1,182
4,610
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•
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'
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Eureka Corp Ltd
Farnsworth Tele As
60c
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Santa Cruz Portland Cement
: ¥
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785
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r
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432
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•
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A
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98
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145
310
40%
—
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'
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Rkdio Corp of Aiherlca (Un)
Radio Keith Orpheum (Un)—
-
Jan
101% May
128% May
11% Jun
Feb
Jun
10%
!
—
136%
—1
Puget Sound Pulp & Timber
Pullman Inc (Un).
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•
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13
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:
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Jun
365
May
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'
—
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Pepsi Cola Co
•
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Feb
325
780
j.
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7%
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a
1
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20
—*
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230
325
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Paramount Pictures (Un)
—
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; i
49
30
11
325
Giorgio Fruit Corp class A com_.5
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a47% a47%
325
\
•
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Feb
10%
.*
...____:
Publishing Co (Un)
Curtiss-Wright Corp (Un).
'
a47%
1
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Phillips Petroleum Co
10% Jun
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100
Inc
•
•
Pan American Airways
' i
Jun
21
1,190
Jun
27
A
|
49%
10%
65
10%
—
100
(Un)
com
Pioneer
47% Jun
10%
18 Va May
Feb
—
———
———
>
6
8%
Feb
32 V*
—
common...
5
Mar
9%
6,415
26%
100%
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t
'%
.
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1,003
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25
a48% a48%
50
65
8
100
Tel
14%
;
Jun
17
17
17
15
preferred ———;—————•
Feb
Mar
15
100
17% May
13% May
57
u———'■"
com
19% May
17% Jan
26
40
241,
Jan
Feb
5%
20V*
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10%
.
2.00 Jun
Feb
6%
15
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(Un)
2%
220
2,037
47%
24%
24%
(Un)—15
_
(Del)
America
of
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3%
•
12%
72
_.
.—15
—
common
17% Apr
24
.
■;:
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a27%
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Consolidated Vultee Aircraft
Continental Oil Co
3%
13 % Mar
..V
-
23
20% Mar
280
14%
•
Consolidated. Edison Co of N Y (Un)_*
Consolidated Natural Gas Co
14%
.
Jun
'775"
1,000
1,060
—
—•
Pennsylvania RR Co
Clayton Silver Mines
Clorox
1.90
17%
__
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Corp
Packard Motor Co
f
1.50 May
38
61%
61%
1.55 Feb#
1.90
16%
,
55c
—
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Pacific
J
38
33% May
6% May
11% Jan
Apr
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——_—
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1st
?
68V» May
1,288
.
22 V* May
Jun
33 %
Pacific
i
Jun"1 i
May
538
38%
6%
10%
Jun
"
"
4,900
1.20
38
}
702
—
•
—
Lighting
Preferred
'
'
1.05
38%
Jun
*
17
f
-Pacific Portland Cement com (Un)_.10
35
10
Jun
12%
34%
Jun
Apr
Apr
15
21%
8% Feb
18% Mar
235
-23
•
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Jan
-
15% May
110
1,050
6%
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1st pfd
6%
Jan
■V.
1,020
11%
20%
10%
•
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52
.
Jun
21%
6Va
——.1
Plantation
Co
Can
Pacific
Jun
T 9
53% Mar
* y 160
:
8%
> Feb
May
20
10%
al6%
May
11
13% Apr
51c
11%
Products
_*
Coast Aggregates^—
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Pacific Finance Corp (Un)—-10'
Apr
28
Jun
39c
Jun
17
Pacific Clay
10 f
10
Mar
14% Feb
Al%
Pacific
Jun
7%
1.055
18%
Pacific
Apr
47
;.
3
aw 112::,;
39%
:
3% Mar
18c
34©
650
.
10
class B_
Jan
18 %
100
———
1.15 Jan
6,470
110,400
48,700
all%al2%
(Un)——.—20
Filters
34%
26%. Jan
,
65
19%
1.90
17%
1
(Un)~10
(Un)—100
Pacific American Fisheries
24% Jun
•34
Apr
Feb
9%
f
.Uw.;
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...
..,..
41%
•
Feb
7
3%
452
30
■17%
.25
.
Co
8
•
520,
38%
38%
Caterpillar Tractor. Co..
•
Celanese Corp Of America—„
Central Eureka Mining Co—:
1
Chesapeake & Ohio Ry (Un)
...25
Chrysler Corp
—2.50
Cities Service
w
Jan
—11
17% Jan
May
—
.
•
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(Un)
United
Paauhau Sugar
Jun
4% Jun
16%'Mnr
al3% al3%
v
Calif Packing Corp common 1...—..J*
Canada Dry-Ginger Ale (Un)—1%
Railway (Un)
/
11
a 47%
41%
25
,
;
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Cons...—....
37% Jun
Mar
20%
(Un)
common
Oil
Co Ltd
Sugar
Ohio Oil Co
Jun
29%
v
25V*Jan
500
6%
.
.10%
••.\7%'
Feb
70
Feb
13% Mar
31
May
48% Mar
„
—
1
—
31
296
21%
•
Co——
Co
39c
5
—1
—
Occidental Petroleum
19% Mar
37%
Feb
120
7% ' 8%
...•
3
.23
5
280
;
.
California Ink Co_ —.J.;..*—„_•..»
Canadian Pacific
.......
a 43
23% 23%
a33% a34%
I
W
35
Jan
Jun
Mar
Jun
30
Feb
V.. 5,853
'U-..
■.
„
A—i
Calif pacific. Trading com
4%
'..v—1
_
California
16% May
6%
24
40
34c
41c
a57% a60%
18
Invest common.—
American
Oahu
«May
38
30% Mar
26,468
a42%
___2%
...
Calamba Sugar
:
(Calaveras Cement Co —w.
70
344
30
a24% a24%
(Un)—15
Bunker Hill
Byron Jackson Co.:—
a16
37 %
18%
20%
..l
...
26% Feb
250
4
...2
Blair Holdings Corp
16
35%
37%
a
...•
Bishop Oil Co——
/: Boeing
35%
207
1,646
2.60
29c
18
(Un)
Aviation
American
North
2.35
.
—
(Un)
RR
North
North Amer
39c
—
Mining
American
Oliver
Bendix
15%
5
36c
Jun
16%
Mar
.....
Bank of California N A
'
30%
37%
15%
35%
9% Feb
a25% a25%
—
•
Service Corp
North
May
May
17%
Jan
100
...
100
.
High
32% Mar
90
2-50
(Un)——-
Company
Northern Pacific
Baldwin
Low
150
306
a33% a34 %
1
(Un)
Fibres
National Distillers Prod
32%
Feb
1,204
—
15%
——..10
Nash-Kelvinator Corp
National Auto
55
May
40% May
28% May
11% Mar
112 114y4
30%
37'/*
14%
..
lOo
Co
Morrison-Knudsen
Jun
1,035
70
..
Range Since January 1
High
a37% a37%
15% 15%
a37%
—1
Lode—
Montgomery Ward As Co
16% May
154% 154%
(Un)_100
Engine.
Jun
a63% a65%
a39 %
(Un)
Jan
Shares
4% May
,
7Va Jan
2V« Jan
7
Feb
5
Co (111.) (Un)
Atchison Topeka & Santa Fe
1%
26% May
4(4 May
3% May
2% Feb
a8%
*
Armour &
Avco
370
5o
»
Anglo California National Bank
Atlas
650
4
3%
*
(Un)_
3%
a8%
3%
—14
Anaconda Copper Mining (Un)
Atlas
23% Mar
33a-
American Smelting As Refining (Un)—*
American Tel & Tel Co (Un)___
100
American Viscose
% Jun
116
;
—
American Airlines Inc (Un)
*1
American <Ss Foreign Power (Un)—*
American Power & Light (Un).:_—»
American Rad & Stand Sanit'y
1,000
—
—i
*.
High
Low
%
Vz
—
Low
Macy & Co (R H) common—
—*
Magnavox Co
——l—w..—1
Marchant Calculating Machine
——5
Marine Bancorporation
(Un)————*
Matson Navigation Co (Un)„
—•
McKesson As Robbins Inc (Un)..
18
Meier As Frank Co Inc——
10
Range Since January 1
a24Va a24V«
«
(Un)—
Shares
High
Low
50c
—
Co
for Week
of Prices
for Week
of Prices
Par
Sales
Range
Sale Price
Sale Price
STOCKS—
Sales
Week's
Range
Last
Exchange
•
—A
-
49
—"
j
9%
19
•300
690
14
Jun
:
Jan
t.
May
1.80 Jun
10
Jun
j
:
1;
1
24% May
22 V* May
24% May
Jun
33 Va
May
49
Jun
8% Mar
11
Jan
?
j
38
(2822)
"
•
■
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
'
,
JUNE
26-
<•.5,'v'/.''xt"1'• f
Montreal Stock
:•
Exchange
^i
i
v;/;.
'
STOCKS—
Sale Brice
of Price*
Power &
$1.50
*
Share*
Range Since January 1
High
•Higtt
r,mr
♦
39%
18%'
17%
18%
2,445
12% Mar
20%
21
2,681
it ■/» ivxar
21% May
39
38%
39
90
36% Mar
39
18
18%
190
Niagara
19% May
20%
Wire
pfd-
Weaving
39%
44
44%
25
Mar
•••-■41% Mar
195
25%
10% Mar
18 v' Mar
835
24
00
49
„
49%
Range Since January 1
1,500
'■£(>: 125
^
24
'.w-i' 'r'tV
'
"j*
v
Low
12%
;
.
'.vv.
High
12%
25%"
;
—
Shares
38%
.-<12%
•
Noranda Mines Ltd
for Week
Low
?r
National Drug & Chemical
National Steel Car Corp
:
20
—
'-y
common
Sales
Range
of Prices
Sale Price
7% preferred
20
Paper common
preferred
Low
National Breweries
for Week
Range
Par
Abltibl
Sales
Week'*
Last
1
STOCKS—
Par
Week'*
Last
i
f. Friday
;;V/
;.
^0'
[''{'/>' 1
Canadian Funds
Friday
49%
976
23
■:),
High
'•
45
v
45 V*
•" •":■
"■•
preferred
Acadla-Atlantlc Sugar class A
—
Apr
101
101
10
Agnew-Surpasg Shoe
•
8%
8%
30
7% Mar
Algoma Steel
*
51
53
550
33 V* Mar
56%
May
25%
02%
64
725
43
Feb
65%
Jun
5%
I
preferred
_—
Aluminium Ltd
Aluminum
Co
Anglo
Can
Argus
Corp
of
Can
Co
Tel
Ltd
pfd
4%
4%%
25
—-50
pid
25
46%
Bathurst
Power
&
A
45c
21%
Paper class A—.—;*
.—100
preferred
conv
Bruck Mills
26%
665
Building Products
Bulolo
,
....
26%
-
Steamship
5% -preferred
26%
300
24%
Feb
27
31%
32%
180
21
Feb
34%
Canadian Car &
Class A
Foundry
24% Mar
Class
May
v
.
.
,
'
■
.,1"
28% May
May
18
15
111
9%
9%
12%
13
14% Mar
,
22
Jan
Jan
29
May
27% Jun
15
Jan
120
9
300
11
May
Dominion Glass
7% preferred
Dominion
Stores
Ltd_„_
Dominion
Tar
Chemical
&
;
Red
Bros
—•
preferred
5%% preferred
5%
(H)
common
11
Jan
Standard Chemical "common—
14% May
preferred
Co
7%
of
Feb
84%
Jun
Walker Gooderham
35% Mar
39%
Jun
Weston
Feb
34
44% May
9% Mar
31%
360
36
26% Mar
1,115
10
Mar
14% May
13%
12%
13%
915
10
Mar
13%
Apr
30
25%
26%
21%
20%
575 H
20 % Mar
8,434
12% Mar
21% May
16
120
1,475
3,327
10
20
2,200
31%
32
300
27
21%
21%
760
9
9
31
25
37%
38
250
34
34
125
17%
18%
7,486
119%
15%
116%
20
19
32
21%
:
27
16
27
£• 1
,X'::V
—
18%
25
25
25%
27%
27%
Feb
91% Mar
'£m
27
27
21%
21%
22
12
12%
102
19
19%
19
•
(Geo)
16%
23
Class
B
Jan
50
19
Mar
20
Jan
19
10
16%
315
16% Mar
14% Mar
21%
(Robert)
•90%
90%
20
19%
19%
'
105
Molson Breweries Ltd
110
110
3%
Montreal
Montreal
.Montreal
Cottons
preferred
Locomotive Works
Tramways
For footnotes
see
43.
90
402
67
Jan
80
Apr
145
72
Mar
82
Jun,
7%
7%
205
5
Mar
21
21
10
21
Jan
69% Mar
•
|1
95
50
29%
27%
29%
300
25'%
25%
25%
25
100
100
10
19
19
50
25%
27%
4,417
43%
43%
25
93
•
•
_
...
_
;
•
.
.
—
•
27
43%
.
,
.
••
^
20
..
•
Z*
..III*
25
•
8% May
Jun
.
-97
Jan
(
40
Friday
:
18% Feb
25
16%
275
105
52
52
17
17
175
9
9%
33% •>-: 34
17
3%
STOCKS—
Anglo-Nfld
142
23% Feb
47%
of Price*
1.60
P
-
44 ;:'
25
25
42%;
•
25%
350
Steel
Atlas
11
11
—*
Limited-—.—--—
13%
13%
13
13%
2,255
4
4
4
25
—
24%
24%
37%
38%
14
66.
64%-
67%
9%
21
;
3,620
Jun
14%
15%
—
13%
13%
Jan
Mar
Jun
19% May
1.95 Jun
Jan
14
■
>
Jan
25% May
Feb
42%
Feb
13
Jan
27
Jan
39%
Jun
Columbia
Mar
11
Packers
Ltd. cl
Hosiery
Ltd—
Co
Canada
&
Dominion Sugar—
Canada Vinegars Ltd
25
C
Mar
15
23
TO%
Jun
16 %
Jun
13%
;
Mar
95
*27
Feb
160
160
25
29%
29%
8
159
Feb
...
1%
13% Mar
Jun
8
25% Jun
32%
.
160
14% Mar
8
10%
-
preferred
8
10%
-
8
8
750
<;
■
Feb
5
Mar
21%
2,652
14%
14%
2,229
21
21
75
37
37
16
Mar
9% Mar
50
16
Feb
*
,
38
32
17%
400
14
Mar
39
41
602
30
Apr
38
J
.24%
24%
167
4%
4%
3,200
50
49
•50
10% May
8% May
^
91
\
,
^
Neon
General
Advert
Alcohols
preferred
r-
.
-
Ltd
y
.*
;
v-'
w
*
Consolidated
5%
Paper Corp Ltd
Textile Mills Ltd
preferred
&
Frere
—
I
»
Limitee
class
Jun
50
Jun
30
500
11% Mar
50
7% May
7% Mar
9%
-
-
i'1
10
46%
May
3%
8
550
200
6% Apr
Jan
Jun
9
-10
Apr
51
Feb
13%
13%
ADr
2,135
7%
.
50
6%
Jun
6%
"8
-
\
Jun
Jun
^
—
13
15%
May
•
14% Mar
Jan
21% May
20%
207/s
5,819
.4
22
22
15
9
Feb
24
Jun
1
18
100
16
May
18
jun
10%
10%
10%
6% Feb
11
Jun
42%
42'%
.20
B
*
17%
*
1
Dominion Woollen* & Worsteds ——*
;
45
*
170
45
45
10
17
:
••
/...
22
-
—
25
39
.
17 %
'
•
25
38%
39
17%
22
18% May
■
..25
13
8;
'
Dominion Square Corp ——*
Fleet Manufacturing Ltd
-
6%
6%
Linoleum.
Paper Co Ltd
Feb
26
202
7%
20%
Oilcloth
Donnacona
•
50
*
com—*
Engineering Works Ltd
&
9%
...
—*
Dominion
Jun
Feb
38
.
4% May
Anr
12%
12
7%
7%;
^
Consolidated Bakeries of Canad
Dominion
41
3y«
29%
29%
12%
—.5
^
-
pfd
cornmon
Jun
Feb
Jun
167
l'*<,
29%
*
.—10
16% May
21% May
May
Jan
43
Feb
Mar
130
70
4%
25
20'% Mar
467
163
100
Apr
22
50
43
165
'
V- '
*
T 1'')
y'A
Catelli Food Products Ltd common
Chatco Steel Products Ltd common
Commercial
Jan
24%
42%
-
—,_*
Claude
Apr
21%
''
2%'
2%
13% -
Paper Ihv Ltd com.*
—
Products -class A---*
Canadian Vickers Ltd common
*
7 % preferred
100
Canadian Western Lumber Co_2
Jan
.17%
8
:'yi 'V.
17
23%
Silk
Apr
40
38
*
20
4-*
38
17%
5% Apr
—
—
David
20%
Jun
_100
Chateau-Gal. Wines Ltd—4—:
16
Apr
9
595
4
Jun
23% Jun
*
—
—
Canadian Pow &
5% preferred
Consolidated
^8Z:Z,:
10%
13% Jun
4%
Canadian Ingersol Rand Co Ltd—.*
Canadian Internat Iny Trust com
Canadian Light & Power Co.—
-100
Canadian Marconi Co
1.
8%
25
200
Apr
Mar
110%
1
Canadian Gen Investments Ltd——*
Canadian Industries common.
——*
1
15
15
10
12%
16
—•
Preferred
V f i'-
Jan
-*
—
;-A
High
9
15
:
A—*
;
Canadian Westinghouse Co Ltdr
10% Mar
■
t
Jan
VancouvLtd.5
Jun
Mar
46
15,026
1,003
21%
8%
-—*
—
,
14"%
Jun
May
9"% May
May
48% May
53% Jun
29% Mar
:
Distillers, of
5%
...
35
Mar
s
Ltd
Jan
17
29%
2,399
Jun
May
17% Jun
24% Mar
100
38
;
Brown Company common.——1
Preferred
——100
52% Jan
35
24%
Jan
27'%
45
Range Since January 1
125
British
•Canadian
■
20
245
22%
': class b
Mar
1.55
>,
Feb
Low
12%
22%
Jan
.Jan
12
350
20%
34'% Apr
Shares
12%
Jan:
105
Apr
44
1,495
42%
42%
Feb
43%
e
21
High
21
Jun
.
13
5
.100
.»>I
—5
Co_
4
6% Feb
1,025
47%
■
20
108
50'
.r
Mar
Mar
Sales
for Week
Low
-
Development
110
2% Mar
14
101
20
105
Jan
99
jo
.
50
Range
Sale Price
galePrice
,
Acme .Glove Works Ltd
Butterfly
m
May
90% Jun
Apr
Apr
107% Apr
■
31% May
28
22% Mar
•
20
Week'*
Last
May
13% May
102
20
Jun
96
Mar
.
Jun
••'"
.Canadian■ Fonda
Brandram-Henderson
87
95
®
24
8% May
22
„
18% May
105
—
*
100
page
22
11% v Jan;
21%
16
9
*
—
37
80
82
__
Jun
150
.
105 105 %
34
•
;
89%
82
....
preferred
Brewers &
*V'*'
common—*
—.
"89
*
.15%.Mar
645
•
„
Jun
77%
•
Bathurst Power & Paper class B——*,
Belgium Glove & Hosiery com—
:.*•
Brand & MUlen Ltd class A-——
15
McColl-Frontenac Oil
^
19% May
18 % May
17% Jun
21% Jun
.
40
17%
•
20
5% Mar
1,100
Jan
105
17%
100
j—;
26%
May
17
5
Massey-Harris
Mitchell
Mar
15
Steel
16% Feb
7%
89
19% May
08
16%
Secord
Btruct
620
20
7%
—
Auto Fabrics Products Ltd class B—__*
Lewis Bros Ltd
MacKinnon
Feb
16%
19
25
MacMillan Export class A
May
Jun
14
82,343
C
May
21
Jun
35
2,017
21%
•
101
Feb
Jan
38
Jan
Feb
1.75
Laura
28
Feb
Feb
13%
preferred
Feb
11
1.55
common
Jun
Apr
17%
10
Jan
10
20
13%
„
29%
;
98
ICO
i
Toronto
30
5,616
7%
21% Jun
Feb
100
18%
(John)
Jun
Mar
79
*
Worts
&
common
27% May
17%
Woods
* Feb
Mar
17%
International Utilities Corp
29%
Jun
May
Royal
23
17
25
16%
16
103
Nova Scotia
Feb
32%
1,235
the
19%
25
27% May
52%
preferred
Mar
Mar
Jun
22% May
33 % May
22 % Mar
lis.
International Nickel of Canada——. •
V
International Paper -common
15
International Petroleum Co Ltd
•
Apr
'
——-.
Canadienna
23
29/"
16%
•
Jun
27
11% Mar
103
100
100
19%
Banks—
8
102
•
common
29%
100
19%
7%
Winnipeg Electric common
Zellers Limited
16
10
•
_
•
Jun
121%
16% Mar
s
100
——
50
Industrial Accep Coip class A
Mar
12
25
29%
;
Jan
*
Rights
Imperial Tobacco of Canada common_5
Mar
22
10
19%
United Steel Corp..
i
Biscuit common...—..J—
Wilsils Ltd
13%
<0;
-
103
May
13
•
:
16
103
19%
..
Viau
4%%
30%
52
Lake of
.
—
common
Wabasso Cotton
52%
Limited
«
■■
————————
58
•
Labatt
—
Canada
preferred
■
■
103
..100
Mar
510
•
r
1,060
16
103
%
100
..
Mar
'5'/o
16
*
Southern Canada Pdwer —1
215
•
6%
Jun
:
•
39%
igo
common
International Bronze
133
_
*
84%
„50
„
Jan
.
>
83
—.*
_
prefererd
46
,'v::
■
.
39%
84
—
Hudson Bay Mining &
Smelting
4%
35% Mar
Jun
•
Ltd—.;
com
pfd
Simpsons class A
4%% preferred
Sotitham Press Co
Jun
Imperial
Oil
Sons 5%
&
18%
100
Hamilton Bridge
Howard Smith Paper
$2 preferred
Jan
16%
Canada
certificates.
15
100
j *■•;. ••..•.-..• ,:t-y,;•...•.. _;
16%
May
I4V2 May
15%
trust
Mar
.100
Goodyear Tire 4% pfd
Gypsum Lime & Alabastine
•;••.
10% Mar
Mar
'
Voting
15
•
..
preferred
12
—50
Sicks Breweries common.j.—
545
_•
—
Wares
50
175
of
670
—
Steel
13%
26
Williams
18
General Bakeriess Ltd
General
13%
■
17% Jan
26
*
26
Sherwin
14%
.25
<
Corp
common
5%
24% Apr
23%
18
1
Power
25
47% Jun
14%
100
Heating Prod
Gatineau
550
{. Par
Corp
Gair Co preferred
17%
25%
44 V* Mar
18
*
Estabrooks 4.16% pfd
Famous Players Canada
16%
25%
20% Mar
14%
Eddy Paper Co class A preferred—20
&
17
:
'
12
Ltd
Enamel
15% Mar
Jan
150
Steel
common—
Electrolux
Jan
420
u
«
Donnacona Paper 4 %% pfd
Donohue
Jan
13%
Feb
2,273
——
prefeired.
125
23%
Textile
98%
10%
47
Jan
common—*
preferred
68
93% Mar
525
y
131
Jun
*
Dominion
54% Mar
10
12
23%
4 °lr
43%
.—25
VTC
820
.97
47
42
•
Dominion Steel & Coal class B
65%
130
23%
20
....
63%
Jun
May
23%
A
43%
•
common
...
17
23%
Series
17% Mar
*
Dominion Foundries & Steel
44%
Feb
18%
Paper 6% pfd—
—100
*
Shawinigan Water & Power corn-
35% Mar
^25
preferred-4
Feb
11
1,970
25
35
•
common
30
37
2,196
145
Montreal
Dairies
(
Jan
460
16%
11%
1,722
•
Dominion Coal 8 %
Jun
30
44%
43%
39
16
Dominion
'J
25%
.
;
Apr
43
21%
Cockshutt Plow
Lii——J-y»
Consolidated Mining & Smelting
5
Bridge
Jun
12
•
;
May
•
149
11%
39
21
Dominion
39
67
Jun
43
21%
25
Distillers Seagrams
Mar
135
13%
:
Lawrence Corp Ltd com
Class A preferred ——
43%
•
—
Feb
63
5
/
Jun
97
—.
May
13%
Railway
29
25
)
: Jun
v
22
24%
65%
preferred. —25:
$1.60
18
\
391
65
135
s
Jun
42
;
15%
St Lawrence
Jan
27
168
::■;•
Feb
,39
V• .>
Knitting
i
Jan
15%
50
-
8% May
25
5-;
25
;v -43%
•
•
•,
Jan
162%
--
r
-——
•
—
Pacific
1,225
27%
31%
Locomotive
Canadian
35
10
29
15%
•
common
St
39
A.
B
Canadian
340
29
28
1
•
Transport
•
common
class
v
21%
Foreign InvestmentAlcohol
21%
21%
27%
13
,
—20 ,:?•
Ind
'
1,100
65
—
•
.
Ltd
Co
-y'575
21
135
—
Rolland Paper common
Apr
15% May
7% Feb
10
100
9%
—*
Canadian Celanese common——.*
$1.75 Beries
._25
Canadian
16
8%
15
•
—
Canadian
„
4% May
Feb
28%
/
.
Simon
10
Canadian Bronze common—.
260
16
————*
.
2% Mar
8%
8%
L———.50:.
Canadian,, breweries
35
A
41%
36%
39
•
—100
preferred
Regent
33% Jun
Z '-l
common
Jan
24
;-*
—
—
•
Quebec Power
May
27% May
26%
21%
Canada Northern Power Corp.,
275
Bros
4%
^
20
Corp of Canada
Price
25
26%
28%
Canada
16% Mar
20% Feb
31%
■
Forglngs class A ili-—
common
30
1,980
780
$1.30 preferred^—y—.100
Canada Iron Foundries
18
24%
26%
—
common
Jun
4
•
{Canada
174%
22% May
19
Jan
26%
-
common
Feb
3%
Gold
Dredging '
.—5
Burrard Dry Dock Co Ltd class A——*
Canada Cement
Jan
22
Mar
17
Power
41
20
41 Va
—
common.
Jun
18
*
,
160
Ltd
168
■
*
Rwys—
Power
&
preferred
Provincial
1^% Mar
702
.
20%
H
Placer Development
Powell River Co
29% May
13% Jun
Apr
4,463
6%
Jan
24%
24%
•
.*
12%
Penmans
Jan
66c
Mar
24% Mar
850
22
20
20,
,
•
...—
30c
17
30
169% 170%
7%
L
Page-Hersey Tubes
;
1
25
British Columbia Forest Products
British Col Power Corp Class A
.
26
168
—
Electric
Ottawa
Apr
80
preferred
Ottawa
Feb
49
Jun
7%
Jan
25%
Mar
'
Jun
9
0% Mar
70
605
21%
170%
■
Light & Power-——*
British American Bank Note Co.—_*
British
American
Oil
common
•
3%%
45c
27%
13%
27
13%
101
Feb
46%
30
-——10
—
Trac
24
50
78
•
class
Telephone
Brazilian
7%
*
Asbestos Corp
Ashdown Hardware
Bell
7
77
Feb
Jan
100
75
47
._*
preferred
Warrants*
16%
235
25%
100
common
4%%
..
!
26%
Jan >
52 iv
Api
*
i9
Ogilvie Flour Mills common.,—
19% May
*
100
Apr
Jun
26
-
May
Mar
43
Jan
13
r
$2.50
.1
;
.
MARKETS
WEEK ENDED
FOR
RANGE
^
LISTED
CANADIAN
-
Monday, June 28, 1948
^
J
2%
2%
849
1,767
525
;
3T%
F»»b
33
Feb
.,
37%
Jan
2% Mar
.
39%
Jun
45
Feb
10% Mar
20
43% May
v
Jun
18%
Jun
23% May
3% Jan
-
•<
•
Volume 167
Number 4711
THE
COMMERCIAL
CANADIAN
SANGE
;¥::'
\
Friday
'
Week's
Last
STOCKS—
'"Vf
.•
Ford Motor
Fraser
Co
of
Par.
Canada
class
A
Companies
Great Lakes
Paper Co Ltd
com
_•
Halifax
5%
(Can)
preferred
Corp
Ltd
(Alfred)
Co Ltd
MacLaren
jviupic
Inc
Power
&
Paper Co
Melcbers Distilleries Ltd
Minnesota
&
Ontario
I
Paper
Corporation Ltd
Mount Royal Rice Mills
Nuclear
'
Enterprises
Orange
Paul
Crush
Service
8°!'
N
C
Rand
Reitmans
Russell
2nd
7%
Southmont
Thrift
pfd
6%
Co
Western
Grain
Wilson
„
y,f„
-
-
t
,
*
-
-V.'
100
52
Mar
52%
9%
50
1,270
9
12%
Jan
10%
19
Mar
44
100
36
225
10% Mar
19%
20
5
25
26
Apr
4% Mar
660
•
370
65%
Aubeiie
Mines
Feb
10%
Apr
5% Mar
:/* 25
,
10%
Base
( !
Metals
Beatrice
Red
Beauheu
i
A
A
A
13
107 "
32
May
52
Mar
57
53
40
50
Jun
53
28
14% Mar
25
'11
10
10%
11
Acadia-Atlantic
5%
6
750
200
,18%
lav*
10%
4%
Feb
6%
v:
May
13% Feb
500
3;..;;
Jan
16
9%
1,500
,
no
-
40c~
42c
104
5
14,969
37c
•
15%
8%
100
33
38%
55
38
2
38%
Lv
38*
—•
~
21
II
'a
Ltd
Gold
1,614
18
20
98
100
101% 101%
* '
2,200
19
Feb
...
Ltd
116
Feb
Canadian
A 18
2,000
3%c May
925
"33 % Mar
62%
63%
1,100
44% Mar
25%
25%
Explorations
Ltd
38%
25
1
•
*
^
Cons
32c
Mar
29%
.
Lake
Lji
2.76
-8.30
8.35
",5c
5c
33%
Jun
Jun
Ashdown
.7
S
Mar
rn l JMar
12% .jJun
T2
1
.
East
Malartic Mines Ltd
East Sullivan Mines Ltd
.yn
3,500
3c
^
Mar
12c
'■-/
Astoria
-
15c
Eldona Gold Mines Ltd
El Sol Gold Mines Ltd..
"t«c
6%c
Apr
Ault
14%c May
7c
| 14,000
- :
12c
■
Jan
17%c Jftn
May
:
T
7c
Feb
1,000
0c
Jun
V
2,900
6%
:7%
78
90
10c
1,600
21c
27c
13,200
13%
14
1
Hardware class A
•21c
10
Oil
1
200
r
6%o
6c
1
7c
6'/2c
Mines
Jan
55c
6,000
3%c
1,000
3y2cMar
5c
28c
32c
3c
5c
12,700
1,500
1,396
3c
6c
,
^ 7%c*
Mar
-
&
6c
-V.
Bagamac
5V*c Feb
65c /Mar
Bank
28c -Jun
2y«c Feb
6c Mar
.
58c
7c
J-M
Consolidated
Gold
6c
Jun
16c
Mar
22c
14,000
,15c
.1^00
58c
59c
73c
73c
Mar
15c
Jack Lake;MineSiLtd
.500
22c
23c
^22c
Jun
53c. Mar
72c
preferred
I%
;
'800
1.13
1.55
45,800
17c
3c
3c
-
^
2%c
1.57
9c
"
9c
1.95
2l/2c
3c
29,500
9c
16c
8.75
,8.90
7c
60c
8,000
"l%c
2,800
;
6c
Mar
20c
28,800
38 s- Jun
2,338
-10 Vb Mar
ao%c
12c
5,600
*
103% 103%
18C
V-
'
■
I-W
y
.•
>'
.
'
;
J
Jun
12%
11
9c
*:
1
150
.
-
3.25
of
Nova
5c
Jan
83c
•
Scotia—
3c
Jun
11
Jun
Feb
14% Mar
Jun
1A2
:
.
200
Feb
6c
;3c -May
12
May
14% Mar
•
-
^
1.15
Jun
8c
Feb
500
4c
Mar
8,600
42c
Mar
1.45 Jan
Macdonald; Mines iLtd—
1
Mclntyre-Porcupine Mines Ltd ——5
70c
70c
70c
3,800
1.90 Jan
56%
10
-65e Mar
56% Jun
563/4
...1.05
2.48
Gpld types Ltd™..—l
CadalHg Gold Mines Ltd
1
Cons'
Golcf-Dredging—
.„__l
2.42
O'Brien
Pato
Quebec
Labrador Development
Quebec Manganese Mines
Quebec Yellowknife Gold Mines Ltd
...
4.00
68c
69c
25%c
28c
8antJngo Mines Ltd
Rouyn Ltd
Sheep Creek Gold Mines Ltd
Ltd—^
Metals
20C
Mining
Power
class
A
26
1,190
37
525
23c
87,400
25%
;
.
•
21%
21%
375
40%
40%
set-
40c
4,700 V
80c
May
1,000
2,600
¥
3.95 Jun
5c
1.18
Mar
Jan
2.67 May
1.50 Mar
1,200
'
65
1.55 Mar
2.17 Jan
7%c Jan
Jan
1
Yellowknife
—
*
——
—100
'
lie
f
13c
169%
170
.171
—1
35 c
1
25c
A
1
.———
Gold
Gold
Kirkland
Hats
class A preferred
Mines
Bonvllle
Gold
—
Co -class
16c
25c
:21C
A V 16c
17c
20
20
*
1
^
n»cp
—1
...,—
—
4"?
*
5
A
16C
/A
10
%
37%
24c
Mar
Jan
Feb
May
22
Jan
41%
Jun
Mar
25c
Jan
Mar
174%
Jun
Apr
5.80 Jan
British
9,300
4c
conv
Forest
British
Columbia
Packers
Class
2.50
55c
'5c'
"
Jun
Jan
60c
Feb
28c
13c
May
Jun
17c
Mar
Jan
20
18% May
A 10c
500
¥
1,500
.•
34,250
i
;;
10
50
14,500
8.15
694
40c
40c
10
10
19%
__
Jan
29c
Feb
Apr
5c
Mar
May
2%c
28c
10
57c
Jun
10
Jun
'.Jun
3c
.
7.50
20%
35c
500
i
May
Apr
May
10
Jan
4,755
17
Feb
15
110
Jun
'•■A;
6c
11
Jan
1.00
Jan
12
Feb
Rubber
British
Bruck
4,222
.525
35
91
Mar
99
3%
3%
4
1,395
3
Mar
13 'A
13%
13%
145
4% May
14% May
7
26%
7 v.
26%
-
7
27
..
20
23%
11%
525
24%
Apr
35
99
Apr
20
22
Mar
20,700
100
99%
100
31%
31%
Buffadison Gold
.1 >■ •r
Buffalo
Ankerite
_*
Buffalo
Canadian
18C
18c
1.68
1.71
6c
•
6%c
••
%?:
17c
20.400
A.;
8c
f 12,000
l,5b0
34%
35
Jun
1.50 Mar
200
8c
—
-1
100
22c
1.68
Jan
Feb
27c
.
—
Apr
2
2%
25c
I-
Jan
16c
2%
•
Feb
4% Mar
50
>26%c
-mmm.
Products
Jan
25
0
Red Lake M
Jun
16%
>7%c Jan
93%
i
100
Mills
Apr
26%
•.
*
preferred
4%c
22% May
118%
93%
•
Oil
Jun
26%
__
•
*
Dominion
13%
40
24%
-
*
Class B
British
■■■•
1,000
v 24'/2
class A
Columbia Power A
British
13%
May
5c
100
Products
25
110113%
5c
25
pfd
B
Buffalo
Apr
2.36
16c
16,500
3'Ac
13%
•
common
Columbia
Building
Jun
Oil
preferred
Electric
British
Jan
100
Mar
10
5
—
Columbia
Feb
39c
25c
65c
.
~
:57c
1
American
3%%
65c
500
Jun
3c
British
89c
6c
'
9c
160
25c
8.00
—
Lake
Red
Feb
10c
1.15
5c
8c
28
Mar
38%
2,008
;16c
4c
37c
46c
100
Brewis
Mar
165
?6c
Mar
7c
May
28'A
0
Feb
25
Jun
27 % May
Jan
TVs May
27
Mar
'3% May
35c
100
33%
May
May
Jun
99c
Jan
2.40
Jan
15 %c
25c
Feb
Jan
35
May
Jun
14%cMay
17c
Jun
58c
1.01 Mar
Jan
Class
*
B
•
Burrard class A
810
35c
Apr
50c
Apr
2,169
50c
Mar
-67c
Jan
Calgary & Edmonton
•
5,000
10c
8%
.1
Calder-Bousquet
v
-
14%
28%
18%
8%
8%
15
Apr
29
Feb
19
Jun
7% Mar
100
<
Feb
13%
235
1,260
11
21
45
18
*
14
28%
14%
—
May
1.15 Jan
9
Jun
Jan
15c
Feb
16%
Jun
Jan
5c
Jun
1.33
1.38
1,802
99c
Mar
2%e
..
Jan
20 %c Jan
Mar
17
-
2,500
1
—1
& Distillers
Brewers
19c
9,000
40c
f."
,
Jan
4.00
Feb
9c
135
12 c 12'Ac
12c
Pershing
Boycon
57c
10,800
53c
'
Jun
25c
34% May
956
30c
*
1
Mines
Bordulac
3,600
8c
1.15
*
Feb
103 %
May
25
15,500
v
25c
Bonetal Gold .—.—1
v
37,600
v
-
12»/2c
40c
53C
5c
25
3%c
4,500
2%c
Jun
V
8.10
<8.15
400
4.75
Feb
■¥:
»
7c
<.«
Flin
2.08
Jan
Calmont
0
Oils
9c
Jan
Campbell Red Lake—
9.00
Jun
Canada Bread common
7%c
7c
2,000
May
16%
6.15
Flon
Callinan
—1
Mines
footnotes
10c
• ;
Cons Mines Ltd
Waite Amulet Mines Ltd
6%c
;
Jun
Mar
8%c Mar
2,633
•
Burlington Steel
,
Steeloy Mining Corp Ltd_^
For
7c
__
1
Ptadarona. Mines,(1944)
Malartic
1-.-
50c
Siscoe Gold Mines Ltd
Vinray
25'/2c
__1
—
•
..
•
50c
Senator
Sullivan
—
-
3,800
,
6c
3.95
-
1.85
6c
..
1
•
1.08 %
2.50
1.7Q
__
.
Pandora
15c
3,000
5%c
19c
25%
Preferred
4c
^
<
Jun
15c
7003.00 Apr
36%
—.-10
10
20
12
7
Feb
62c
1
103%
3,800
16 %c 18 %c
1
10
Jan
4c
Dredging—
Apr
Jan
60c
Cons
8c
>
Brantford Cordage common —.——*
15c
60c '
Nechi
-
10
lffc 18 %c
3.10
Brand & MlHon class'A.;—41
24c
,
l%c Jun
550
1.15
Jun
8^60 Jun
50c
2,500
'*
11
1.12
__
Normetal Mining Corp Ltd
Jun
13%
Jan
Louvicourt Goidfieids Lta ——:._i
i
48
.'
'6%CMar
JLoc Mar
:
86
3%C
12
u
100
'
l%c
3c
:
,12
.
May
23%c 'Feb
.Jun
.2%c Jutt
-807
57c
-
—
—
10c
48
—I
Montreal
Biltmore
Feb
1.56 Jun
12c Mar
3,000
9c
..
Feb
Mar
13%
—100
Consolidated
of
Bidgood
May
J8.50 Jan'
55c, Mar
;
500
15c
60c
;
•12c
4c
16'Ac Jan
30%c Jun
Jun
1.65 Mar
Jl,000
-
9c
...1
Mar
38
1
Berens River
3.09 Feb
'
17%c Mar
200
2.84
1
—^
Mar
6c
Jan
55c
.
3,500
1.54
2.79
'
Kerr Addison Gold
Mines-Ltd.^..'—.!
Lake Shore Mines Ltd
__1
Leitch Gold Mines
1
Lingside Gold Mines Lt<L—
._1
6c
-
12%
Beaulieu
Jun
14c Mar
1,000
-
1.54
l%c
Jun
14% May
Jan
15c
9c
Ltd—1
39c
-Apr
10 %c
—1':
Mines
Bathurst
Feb
10c
5c
...
Mines
Mar
11
Jan
Mar
Mar
1,000
' "
__
Jan
15c
1,500
Beattv Bros
Feb
5c
16c
10,500
10 %c
1
,
15c
Feb
15c
17c
Hollinger Cons Gold Mines Ltd.—
5
International Uranium Mining Co ...1
Mar
13
..
Wiborg
!
•>
Bank
7%c
14c
.1
...1
83
Jun
42c
10c
Jan
,2%c May
30c May
33c
47/ec
49,500
2,500
1,49
Ltd.——
7% May
Mar
-
:38
—
Brazilian Traction Light & Pwr com—*
Goiavue
Jan
Jun
6c
1,000
'
Mines Ltd—
«5% Mar
67
17,100
6%c
7c
Quebec
Bowes
Goldbeam
31c
14%c
6%c Mar
•
975
75
10c
'
Bralorne Mines Ltd.
Formaque Gold Mines Ltd
Found Lake. Gold-Mines
Ltd...
Apr
9%c Jan
Jan
22c
•
3c
;Jun
3.45 May
9.20
5c
75
Aunor Gold
Mar24c
9%cMar
•
(1945) Ltd, ^.+......1
18c
1.35 Mar
8.25 May
4,000
•6%
Aubelle Mines
Jun
2,600
1.54
1
Apr
,8c
460
»
Jan
1,000
..
1
Jan
Jan
?
1
Steel
Atlas
Jan
7c .Jun
6%c Jun
2,ouo
1,000
3%c
„*_1
38c
41%c
J0%c.l2%c
,1-
_100
;
Ashley Gold &
Jun
-•
r*
Bobjo
Dulama Gold Mines Ltd_
Jun
Feb
Jun
12%
--
5c
-
•,
Jun
13,800
i
5c
Qp ;v'
•
Armistice
1.10
120
5
^
,
Apr
65%
25% May
Mar
Qr»
1
—.—
—
50c
14c
■
-
10c
32,800
2.98
8.35
•
Resources
Bell Telephone
,..1
.....
..Jan
22'Ac
500
16c
'2.76
•
Preferred
Jun
24%c29«/2c
10 %c
/24
9,900
32c
T4%c
—
*
Area Mines
Bevcourt
Dopaldo, Mines Ltd
560
13c
57
Jun
Jun
Jan
12c
...
Cournor rMlning Cp .Ltd ———1
y
12c 13 %c
•
1
Oil
Aquarius Porcupine
Jun
38
;A 29
1,500
46c
—1
87%c Jan
Apr
9%
2.7% Alar
*
—T
iLtd^L-1
Consol Central. Cadillac Mines
Mar
53%
American Yellowknife
Anglo
May
ll«/2c
__
Jan
65c
3%c
Canada pfd
Nepheline
103
19c 22 %c
4%c
—1
Apr
/8%
51
Amalgamated Larder Mines
American
Jan
42c
5c
—__1
8c
Jun
*
Aluminum Co of
.175
'
10c 10%c
21c
>1
Mines
Jun
7%
3%c
Aumaque Gold Mines
—1
—
Feb
6c
270
Apr
38
.3,000
24%c
21% May
101 % Jun
525
V
1
Arjon Gold
-
__
High
19% May
Mar
——*
common
Aluminium Ltd
May
10%
Feb
Alger Gold
Algoma Steel
Jun
10%clliy2c
1
Centremaque Gold Mines Ltd
•Foptana MJines
20%
75c
*21%
-
Gold Mines.
r:..*
30c
Cartier-Malartic Gold
Mines—
—1
Celta Dev & Mining Co
Ltd—iw
«
20%
Low
73c
Jan
7%c
6%c
Candego
Red
12% Mar
1
8%
3%c
•
1
Ltd
Bonvllle Gold Mines IM
Bordulac Mines, Ltd
Dickenson
1,831
2(V
Yellowknife
325
;-**>/
_
6%c
——>1
Mining Corp Ltd—
•
Lake Gold Mines Ltd—1
Bob's Lake Gold Mines
Corte2
18%
Akaltcho
Base
j
>High
17%
Jun
7c
Mjnes Ltd_——1
Apr
Range Since January 1
Low
6c
Atlantic Oil
——,
Shares
7%
47%
3%c
Minerais
__
Apr
19
/for Week
6c
Jun
12
T;.S(
__
Feb
32 %c
Sales
-
Range
of Prices
7%
47%
12%
12%
■
-
16
9.65 May
Jun
Exchange
Week's
Athona Mines
Ltd
10
10c
*
1.10
12
12%
J
18%
♦
275
21%
1.10
ii
- -
13,250
Jan
.7 % Mar
34
Feb
30
*
'
£3% ,33%
*
„
12c
Agnew-Surpass
Apr
18
14% Mat
29%
29%
47% *47%
:
_»
\
Feb
•
!__«
.
Jan
5.25
•
preferred
Acme Gas & Oil
Jun
15%
100
1.25
1,085
Jun
Apr
2.25 May
Jan
no
_50
2,400
18%
Par
May
16%
10%
¥
52c
1.80
Sale Price
Abitlbl Power & Paper common
$1.50 preferred.
Jun
17%' 17%
40c
Jun
8.75
Last
'17% May
111
Feb
100
5%
II
35c
10c
__
Jan
7.50 May
32c
1.63
Friday
14% May
10% Jan
Mar
55%
11'
"
_*
pfd__
Yellowknife Mines
Bouscadillac
*
3.50
Feb
Jun
Canadian Funds
Bankficld
,
Ltd
Co
3.75
12c
8.40
Toronto Stock
Jan
53
*
Ltd
oil
Band-Ore Gold
Oil
Ltd
Jun
27y« May
75% Apr
9% Mar
ioo
110
~1
1
Ltd1
Astoria Quebec Mines Ltd—1
&
Co
*
600
100
10c
Oils
Ltd
1.60 Mar
200
57,000
35c
1.65
*
35c
8.40
Co
5% May
Feb
50
"8%
109
20
90
13%
16'/a
53
'
35c
:
14% May
75
16%
Alger Gold .Mines. Ltd—
Gold
•
May
43
55%
^
2.90
<6.15
12cl4%c
Jun
20
: '16%
109
High
Jan
Jan
13%
8%
V
Low
Jan
17%
13%
-.
2.90
•
__
12y2c
•
Oil
Royalite
Feb
52
Range Since January 1
Jan
Mining Stocks—
Ashley
Ltd
Co
Anglo-Huronian
„
}„ri '
f
Oil
Oil
1
Pacalta
8%
73
Ltd
(J C)
/
28
Shares
High
,6.00
.
Gaspe Oil Ventures Ltd
Apex
class
class
Co
Windsor.. Hotel
Homestead
Argus Corp common
United Securities Ltd
Westeel Products Ltd
i
•
1
•
Dalhousie
1
Apr
Mar
9%
.
__•
Cornoration
Inv
Jun
-100
.1.
class
Ltd
*
May
7
8%
Corp
Fuel
26%
4
100
9%
*
■:
United
25
"
Co
Consolidated
Jan
8
72%
-
'
United
27%
•'
Oil
Calgary & Edmonton Corp Ltd
Jun
14%
25
100
pfd-
Ltd
B
Apr
72%
Ltd
Union Gas of Canada Ltd
United Amusement
Class
R%
5 - '
L_ll*
Invest
Stores
125
-v-;
•
Pr
13
20
50
Ltd
Suuiucih' Canada
Jan
257a
1st pfd—100
Sangamo Co Ltd
!
2%
52
t—A•
pfd
Anglo-Canadian
STOCKS—
(Canada) Ltd
*
Ltd, 5% pfd—__20
(Can)
50
for Week
Low
Home
3%
17
:
Stores
Industries
15%
'13%
5
Telephone Corp class A___
Service
Jun
43
I_—*
l
Ltd
Quebec Pulp & Paper
Quebec
12 y2
II
•
Purity Flour Mills Co preferred__2._40
,
50
Sales
Range
of Prices
Oil Stocks—
May
3 %
-
Li—•¥.*
Ltd
Stores
Dart
12%
9%
*
Power Corp of Canada 6%
I
20%
45
8
Week's
Sale Price
,
For
Jun
Feb
Ltd „'
Ltd."
62
Jan
17y~
*
Moore
Feb
16
¥'-"l¥
•
Co
42%
27%
10
common.
435
41
*
Mining Co Ltd
Teleg & Tel common
59%
20
~I
•
L,cai
Maritime
STOCKS—
Jun
242
L_i
—___
(Walter M)
27
12%
.
Lowney
Jan
19%
20
5>5
r
'
Investment -Foundation Ltd common—*
6% conv preferred
__50
Lambert
21
42%:
3%
MARKETS
JUNE
High
581
1914
A._*
—
Low
%
12%
*
class
ENDED
Last
Range Since January 1
42%
'
._____10
Hydro-Electric Securities
Paints
19 y8
«
Insurance Co
Intern
58%
25
WEEK
(2823)
Friday
Shares
High
25
59
l
Class A preferred
Low
25
LISTED
FOR
CHRONICLE
for Week
of Prices
...
•
FINANCIAL
Sales
Range
Sale Price
&
17c
16%
50
14 Vb
Jan
5.85
6.39
17,820
3.65
Feb
18C
127,975
14'/2C
.
-
7.60 May
6c
Feb
18c
34c
Mar
65c
Jun
Jan
.1
—
47c
47c
47c
600
.1
2.60
2.50
2.60
1,900
2.15
Apr
3.00 Mar
3%
3%
200
3%
Apr
4%
*
-
May
39
THE
(2824)
40
COMMERCIAL
&
CANADIAN
•
'■
-
Cement
Canada
Canada
V
jy.
48%
49
9%
9%
100
37 %
36%
37%
85
9% Mar
33
Mar
17
class 'Ak——•"
————.——.—•-*
17
17
550
15% Mar
Mtge—.;—;——100
Permanent
Canada
13
———50
Preferred
38%
■
Class' B
Canadian Canners
23
24
20%
21
821
16% Mar
Mar
28
17
Mar
27%
20%
20%
190
1,160
15%
240
58%
Feb
100
34%
Feb
83%
84
39%
22%
%1
39%
22%
*
:
Locomotive
V'
••
-
""
•
86%
10
82
13%
1,100
10
13%
■V:
v
965
21
.
1,000
12c
Mar
25c
Jan
25
19
May
20%
Jun
10
Apr
Jan
1.54, Jun
12
12
10
2.40
22,081
4.40
4.35
4.60
3,210
12% Jan
1.15 Apr
3.60 Mar
16%
17%
455
42%
43%
95
5%
200
16%
4.55 Jan.
5.05 May
15% Mar
34
18% May
.
.
Mar
Jan
47%
3% Mar
7
Mar
85
May
99
80
8%
9%
105
7% Feb
9%
Jun
9
9
30
7% Mar
9
Jun
2%
—-
2%
625
2
3% Feb
98
'
103% May
*
9%
■————.*
common
Jun
13% Feb
16%>
21
27
Jun
Fleury-Bissell preferred _—100
16%
16
16%
240
Jun
Ford of
class
24%
24%
25%
2,370
9c
1,300
1.98
1.85
90
90
10
—*
19%
19%
19%
650
—.—100
107
105
107
20
3%
3%
975
16
210
14
Feb
99
Canada
——•
A
,
Apr
13% May
30
Jan
Mar
,
•
9c
58 *
——
•
—
Gair Co preferred ^
Gatineau Power common
14
11% Mar
145
26
25%
15c
20%
84
Mar
*
Mar.
39%
y
Apr
13
;' 'z
55c
1.90
—-—r—-—100
i
Ltd
Fromsher Exploration
86%
-
■'.! •
Preferred
Fittings
Fraser Cos
13%
—
i
12
common
15% Feb
90
Feb
80%
'■'•-•
435,900
May
74c
'
Federal Grain
12% Jun
100
'
1.54
5%
——
Apr
13%
12%
Canadian
Players
Mar
8
70
'•■'y
20
Jan
Jun
May
23% Jan
"A"—'•
B
Famous
20% Mar
365
12
15%
Jun
2.33
♦
—•
1
——
Francoeur Gold
11%
15%
12
15%
44c
20%
•
Fleet Manufacturing Ltd
55
,
Mar
285
9,775
18% Jun
730
18%
84
————-
Alcohol
—
.25
——1
.——;
Falconbridge Nickel
14% Jun
Apr
14%
17%
39%
16
i9
48c
15c
Equitable Life Ins
Jun
Mar
10
14%
18
♦
25
Feb
Jan
1.32
Gold Mines-
Fibre Products common
14%
*
—20
:
2.08
3.50
44c
1.48
Empire Brass class A ————————1,1
21% Jun
25%
20%
—25
Industrial
Sol
18%
44c
Mines—
Fanny Farmer Candy Shops—....
25%
Preferred
Gold
18%-r
21% May
23
Canadian Food Products common
Canadian
El
Jan
Jan
22%
21%
*
preferred
—
21% Mar
17% Mar
1,633
3,460
22
»—20
———
—1
High
1.45 Jun
1.60 Mar
4,600
13,950
Jun
21%
-
Canadian Celaneso common
-20
Eureka Corp
675
Class A
2,85
Eldona
Jun
8
5
22%
20%
Canadian Car common——
Preferred
31
Mar
Low
1.55
2.75
Mines
Range Since January 1
May
21%
common,
preferred
preferred
Class
40
1.48
2.80
Elder
Jun
21% Mar
200
8
83
42.
.
•
■
Convertible
Class A
30%
Jan
v
10
Canadian Bank of Commerce
New
30%
Feb
Feb
70
.
8
———-—~*——*
Canadian Breweries
.let
80
80.
30%
11
185
.
1.55
1
Eddy Paper class A.
201% Jan
14
Jan
35
42
4
18
Shares
High
1
East Sullivan Mines..
Apr
Jan
38
Jun
187
92
*
13
38%
80
I*-;;-Bakeries
13
f 38%
-
8
Canada Wire & Cable class A——*.:'.
Canadian
187188%
187
Canada s 8 Lines common——•
•
Apr
49
Canada Packers
B
43%
Low
East Malartie Mines-
22% May
53% Jan
11% Jan
14% Mar
455
•
9Vz
~
■Class
22
of Prices
Far
High
Loio
High
Sales
for Week
Range
Sale Price
STOCKS—
Range Since January 1
50
Malting Sh warr—i.—^—„*■
Northern Power •-•,
*•
Canada
Shares
21%,
common—
Last
lor Week
Low
Par
Week's
Friday
Range
of Price!
Last
ENDED JUNE 25
Sales
Week's
Friday
Bale Price
MARKETS
LISTED
RANGE FOR WEEK
STOCKS—
Monday, June 28, 1948
FINANCIAL CHRONICLE
5 % preferred
——100
—
General Bakeries
—.—•
3%
;
..
58
7c
.
Apr
15c
Jan
Feb
45
10
1.98
58
Jun
2.29 Feb
1.30 Mar
800
91
Jan
Feo
20
Jan
Feb
108
Jan
86% Apr
18%
101
v,
!
2% Mar
3%
Jan
.
■
Canadian Malartie
*
-
.
720
11
8preferred
preferred
150
150
10
145
Jan
102
102
10
—
5%
Pacific
20%
21%
25
5
26%
105
105
105
50
Apr
105%
Jan
4.60
4.90
1,830
2.90 Mar
6.10
Jan
8%c
9%c
1,500
7%C Apr
1.30
1.55
Central
Patricia
Porcupine———.
Gold
1
Mines—...
1.10
1.10
1.18
:
'
14C14 %C
.
,;
—1
6c
6c
100
135
135
'
12%
14c
"
Apr
;
1.80
^
1.05 Mar
6c
Goldale
Preferred
—V ■.
—
Chateau-Gai
Wines
*
,..a
9%
9%
42c
4c
4%c
2.22
2.25
13c
13c
'
80 %c May
58c
64c
4bc
Mar
1.09 Jan
15c
17c
1,500
lie
Apr
19c May
16c
Jan
11c
1,800
10c
Mar
8c
8c
8c
Jun
1
2.49
2.55
4,000
9,400
1.95 Mar
5%c
5%c
5%c
500
5%c Jun
16c
Jan
3%c
3%C
3%c
1,000
3c
Mar
9c
Jan
10c
Mar
Golden Manltou Mines
Jan
=
,
10c
8%
■
'■
V- <•*.«.
Chesklrk Mines
Chesterville
Chimo
Mines
Gold
.1
2.22
1
———,————
:
!:
10
Porcupine
i
Goldora
!
—
Goldvue Mines
May
Mines
w--—-
-——-——1
x
14c
30c
Mar
65C
14c
1,800
4c
Mar
8%c Jan
2.22. Jun
650
.700
11c
...
Jun
.
,3.00 Mar
..
Feb
30c
<
Preferred
'
Chromium
-L.—-JiLii-—%'iJ".-;
*
Citralam Malartie '„i——.i—^1
Oils
Coastal
..k——-4—^
Wlllans
Cochenour
3c
Cockshutt Plow
3c
1.85
9,500
3c
500
118
20
101
Feb
118
52%
128
49
Feb
/; 53
1,000
15%
Lake-
Coin
Colo mar,
—r—--i—11:
Yellowknlfe
21c
;
6c,.
__1
—
3,000
6c
5c
Feb
10
■
—
35c
j—————i———k
Commonwealth Petroleum
54c
16c
16%
Apr
Jun
27c
Feb
5c
MSr
53c
54c
1.50
Mar
36c
Coniaurum Mines
Apr
55c
|
,
C
1,400
95c
Beattie
65c
90C
97c
_*
13%
13%
13%
260
12 I
V 62c
63c
3,250
55c
1.50
Mar
——„
r—:
Apr
,
B
12 %c
15c
64,800
116%
120
3,402
10
10
350
Hamilton
Jun
Consumers
Gas
'
.
,
.
/
2%
400
2%
1.15
1.05
1.15
*
28
28 y4
—x——... 1
12c
12C
145
Harding
285
32c
Jun
Harrlcana
Jun
common
,
Feb
Heath Gold
154
Mar
('i.
Jan
12c
Preferred
43/4
8%
8%
100
23c
23c
25c
4,150
kk—..ki*———10
Crestaurum Mines
....
1
_
"850
5%
*
—
3%
.
Pershing
Jun
Jan
*
30
^
—1
—
D'Aragon Mines
4% Mar
8%
6% May
8% Jun
Apr
19c
Mar
30c
Jan
55c
700
55c
May
90c
16,100
10c
Mar
19c
Apr
50c., 50c
1,000
50c
Jun
9,000
8,000
10c
7%c
8c
13 %c
17c
26
*
26
1.20
13 %c
—
1.20
A
Delnite Mines
—1
,
Denlson Nickel Mines
1.20
;vV 7c-
;
1
i
1 21c
Jan
20c
Apr
Mar
23% Mar
;
100
26%
1.05 Apr
7c
10,500
16c
5,500
11c
4,500
30c
7,100
45c
Mar
5c
Jan
1.60 Jan
Apr
58c
14c
14c
1.00 Jan
7c' Mar
25
30c < 32c
_i
Detta Red Lake..—.—..—
Lake k—
Red
-1
-
Dickenson Red Lake.—
l
Discovery Yellowknlfe ————'J.
58c
.1
Mining
—;
20
•
,
42 c
2
43c
Ltd.—...
60c
42c
45c
18%
•
40c
;
16%
Dominion Bank
45c
40c
18,600
20
16%
*
Mar
10%c May
48o
Feb
Apr
45c
a
25%
21%
25
25%
51%
51%
I
25
—
Dominion Dairies preferred
Dominion Fabrics 1st
Apr
25%
35
65c
Jun
Jun
70
16
20
23
Apr
Apr
25% Jun
10
50
Apr
51%
22
26%
27%
1,655
10
10%
1,000
&
23% Mar
:
;■'( 27
Feb
22
Mar
*
24
:24
55
23
Feb
5%
-
—.i;
Dominion Steel & Coal class B..
Gold
—25
.
—
'
•'
46
■;
18
.
:
5%
46
46
17%
18%
25
Mar
28
!
J!23%
I
■
."IT2
...
.
25%
:
- •"
:r:;. 3% Mar
1,230
■L; 100
40
>
Jan
•
12
May
13% Feb
'
■
22
22
90
19% Mar
12%
581
17%
510
75c
16,900
3,450
*
.
11
16%
68 %c
16%
■,.
Gold Mines Ltd————•
Duquesne Mining Co....—.
Duvay Gold Minis—......
—1
22c
16%
16%
51c
16%
100
6C
21c
24c
20c
6C
7c
3,000
12,500
17c
34,000
20c
•:
1.1
Mines—
East
Crest
■
«
Oil..
••
For footnotes see page 43.
6c
—
—
40C
14
i
Mar
16
Mar
320
Jan
12%
Jun
12c
6c
500
6c
Jun
12c
Jan
7c
7%c
7,000
5c
Mar
15c
May
66c
7c
,
IIZIZ—
72C
5,300
8,500
66c
Jun
95c
Feb
6c
Jun
16c
Jan
2,600
5,000
43c
Jun
95c
Jan
10c
Mar
•
6c
6c
47 %c
.
50c
6c
11c 11 %c
9% Mar
1,000
50c
V ;/
24%c Feb
3,000
5c
Mar
9c
2,000
8.80
yellowknlfe
7%c Mar
8.55
8.85
8.40
8.70
4,710
5%C
5%c
6c
3,500
38c
38c
41c
4,500
34
225
23c 32 %c
1,500
52
52%
645
2c
2c
8% Jun
2,065
8.50
—J
—
-
75c
Jan
6c
8C
8%c
.l..*
61c
5c
61c
——I.
—-•
Howard
Smith
Paper
i-—w——.—1'.
Smelting
.*
1
Hudson Bay Mining &
Hugh
Malartie
•
—
Huntsclass, A
33%
*
common—
Howey Gold
Jun
-•
26% Jan
■
Feb
32%c
52 'A
:vSk8c;:
14c
12
.
5c
:
May
Jan
Mar
Jan
9.70 May
Feb
9c
5.35 Feb
:
May
ff%
8%
25
25%
.
.
.22
17%
18%
1.60
1.60
1.89
9,695
75,944
13%
H CO
13%
6%c
7,000
40c 44%c
13,900
———^
Preferred
-——1
4% 'preferred
-V
k;
1.10 Feb
74c
12c
•
>
4c
10%
Apr
Jan
27
7% Mar
14
Jun
May
Jan
; 19% May
Mar
1.95
Jun
14%
Jan
7%
1.55 Jun
7%
25%
12
,
* ^ 45
Mar
190
,
.6% Apr
,24% Mat
1,000
4%C Apr
;
k
Feb
5c
-
~8
k
:
>
8
10%
40c
40c
25
25
8
10
10
V
5c
;
■ ■
25
7*
.
k 7C
^
.
k
Feb
|
9
Mar
8% Feb
680
k
25% May
Jun
;
31
May
1.2—1
25
34c
500
;
22
50
55c
Jan
25
Apr
May
Jun
:
*
29%
29
29«/2
245
25% Mar
v
cotamon_—*
37%
'i 37%
38%
5,324
29% Mar
" ;k
-*
14%
14%
15%
.1
60c
2
International Metals class A
International
Nickel
Petroleum
Co
J
31% May
39%
Jun
International Uranium
Island Mountain
Mines
_50c
]
,
57c
'•
Jack
Waite
4C
4c
8c
'
—...
—
—
10c
.
79,800
1.15
Mining—..
11
loo
;
•
4c
May
7c
Jun
4c
2c
!
May
1.45 Feb
7e
Apr
8c
vy
Jun
84c
Mar
1.00 Apr
:k:f
k- k 1,000
';
Jan
12e
Jan
18c
May
7c
Jan
Apr
4c
Feb
25c
Mar
52c
Jan
5c
Mar
14c
May
19c
Jun
i
Mar
•; i,ooo :
.
16%
Mar
40c
50,359
68c-
% 1.15
8c
—
*
Mines
-1
...
M
8C
-•
7C
9c
>■.
11,900
'
r
1
"
..1
Consolidated
Joliet
r
4c
4c
-
4c
-
•
1,000
43C
10,300
10%c
10%c
14c
39,000
20c
20O
24c
15c
-1
Quebec Mines.
i
500
3c
3c
.1
15c
15C
12
12
12%
40c
•
38c
~
..
Jun
30%c Jun
Jun
Mar
Feb
53 %c
Jan
Jun
23%
750
"
■
tft
—1
——
Inspiration Mining 1_—
J
5c
26c
c-
—•>K'
25
25
—
Ingersoll Machine class A—
'
*
.......^.....6Inglis (John) & Co.
Jason
19c
5%cMa*
32%c Jun
Mar
2c
Jun
Jun
Jun
17
Jan
18c
Apr
43%
195
Oil
Rights
18V8 Jun
Jun
29%
25
10
42c
34
25%c Mar
1,500
—.i.—*:-
Bank
13% May
Mar
33%
17%
Imperial
Jan
.
Kelore
Mining
Mines
Kenville
Gold
—.
,
11,250
1,000
:
'
27c
Jun
15c
Jun
50c
Jan
12
40c
Jun
15
65c
22c
Jan
Apr
Jan
Jan
Kerr-Addison
East Leduc Oil...
9% May
May
6% Mar
-
: 7,800
485
19% May
;
•
10% Mar
■
...
Mar
Jun
46
21% Mar
70c
1
—u———
Mudge class A__
37c
17% May
Jan
5% Jun
Feb
275
17
—
Jun
13% Mar
6c
Hosco Gold Mines——X
Kayrand
Dulama
15C
20c
,
12%
14c
1
Jellicoe Mines
.
Jun
3.20 May
Jun
•
24
12
J.
25
■
Jun
11%
14c
72c
Jacknife Gold
Stores
Dominion Tar & Chemical pfdDominion Textile common
—100
&
140
12%
International
Dominion Scottish Invest common—.1
Preferred
1.15
Jan
16%
•
Donalda Mines
15
250
Oil
Home
Jan
24%
i
Donnell
105
Hollihger Consolidated Gold Mines—5
:
22% May
170
Dominion Malting common
Dominion Woollens
3,500
17
International Bronze Powders pfd—_25
preferred!——.50
27
8
'
Mar
Jan
820
,
Dominion Foundry & ateel__
Dominion Magnesium
Dominion
22c
14%
Highland-Bell
Highridge Mining
Highwood Sarcee
Mar
82c
64c
Feb
40c
21,475
■
Mar
16%
2,075
17
25
21%
10
Dominion Coal preferred
20c
16%
.
Indian Lake Gold
Dome Mines
•
1.40 Apr
10,200
Imperial Tobacco of Canada ordinary.5
Distillers 8eagrams
Diversified
3.10
16%
'•
——
Imperial
Dexter
60c
,
Mar
16c
I
——1
Davles Petroleum
2.95
—.ki-k!-—
—
Jan
55c
15 %c
*
——
Davis Leather class
2.95
Heva Gold Mines
May
22c
14%c
U 55c
l
Patricia
Cub Aircraft
Feb
7%
100
2,300
1.24 May
Homer
Croinor
Crowshore
7%
3% Mar
■
Craig Bit
—I
—i...
Hasaga Gold
-
Mar
25
2,0001
Jun
'
Carpets
10%
Apr
Jun
70c
10,600
May
44% May
15% May
10% Mar
Bridge
121%
>
91% Mar
255
149151%
150
•
—
Cournor Mining
7%-
Hedley Mascot
—100
——
Exploration
Cosmos Imperial Mills.——
!! 20%
Jan
40%
.
Jan
"
Oonwest
May
15% Mar
,
15
-
95c 95 %c
Hard Rock Gold Mines.
16% Jan
85o
Jun
8
2%
♦
—*1
..k.
■'
...
12 %c
13c
119%
.
Class
•.
ri
^
•
_5
Consolidated Mining <fe Smelting—
Cons Press class A —
15
7%
Gypsum Lime & Alabastine...
Harker Gold
Consolidated Homestead Oil———
180
15
16c
10c
1,680
43
Apr
Apr
1.10
Apr
62c
Bakeries
Consolidated
19%
42%
—_il-
.
Gulf * Lead Mines
Gunnar Gold
Apr
1.40 Apr
Mines—-—-.—2
Consolidated
19
42%
Jun
|!
JTan
46c
400
19%
Great West Felt preferred—.
Hamilton Cotton
..——.21.—————5
Coniagas Mines '
•
■*'_
„
——_
ikGuayani, Mines
7%c Feb
34c
i
;
1,500
3,800*
1.50
*
—
35c
.
:m
Great West Coal
'
Commoil
-
4%C Mar
2%c Mar
-•
Jun
2.45 Jan
*
51%
*
Jan
22c
;^.76 Mar
2,985*
1,200
16%
20c
16%
2,200
'
Apr
Jun
14c
1,500
1.91
•'
—
Great Lakes Paper common
Class A preferred
1.25 Apr
<
Apr
3c
3,000
15c 15%c
•
1.00
270
3c
1.86
*
_l
—
—.
1.01
1.01
•,"
♦
—
Graham Bousquet
s
f
25%c Jan
15c
3c
116
11 %c 11 %c
.
Goodfish Mining
Goodyear Tire common
Jan
500
*
Jan
2.70 Apr
Feb
'
Chemical Research
14c
Jkn
13
Jun >'
>.
4c. May
Mar
—1
Feb
16c
7% Mar
70
42C
7
May
-—
Golden Arrow
145
Jun
11% Mar
600
•
7
7.
;
2c
18,700
29,400
52c
60C
*
——
Goidcrest Gold
Goldhawk
Chatco Steel common
1,000
73C
15c
Gold—
Mines
Jan
33c
>.
Jun
135
Jun
1.40 Jan
Mar
2%c
68c
2.65 Jan
Feb
13c
51
12
Centremaque Gold
,
7,850
2,370
12,500
' i
1,000
,
Chartered Trust
1.21
1.20
800
1.65
^1
Central
»;
1.35
1.65
1
Castle-Trethewey
2%c
Globe :;Oil
:
140' Feb
70c
Glenora Gold
Jan
103% Jan
God's Lake
Cariboo Gold —————————.——I
Jun
17
4.60
Gillies Lake
21% Jun
Mat
25
98% Mar
:
—————L-..100
Preferred:
Jun
.
16
Giant Yellowknlfe Gold Mines—..—1
Jun
103
12% Mar
20
25,'
General Steel Wares common——.—*
Jan
15
t" 150
*
99% Mar
8,161
25
102% 102%
21
Railway——23
i—*
preferred
.,100
Canadian Tire Corp
Canadian Utilities
13%
12%
13
Feb
88o
;
,
Mar
—•—100
——————100
Canadian Oil Cos common————* •
Canadian
Mar
70c
900
73C
70c
70c
Feb
50c, May
-
.1
Kerr Lake
1
40c
40c
40c
Kirklahd Golden Gate——
1
10%c
10c
12c
9,875
40
87^00.
8c
Jan
Apr
i
111
THE
Number 4711
Volume 167
*»
& FINANCIAL CHRONICLE
COMMERCIAL
(2825)
11
—
11
41
...ii,
.
CANADIAN
Week's
Friday
Last
Par
Low
WEEK
ENDED
MARKETS
JUNE
25
Sales
Week's
Friday
for Week
Range
of Prices
Sale Price
STOCKS—
LISTED
FOR
RANGE
Last
Sales
for Week
Range
"
Sale Price
•
High
Low
High,
r;1
STOCKS—
Range Since January 1
Shares
Par
of Prices
Low
Shares
Range Since January
High
Low
1
High
*
Kirkland-Hudson
Kirkland
Labatt
Labrador
Dufault
Mines
Lake
Rowan
(1945)
Lake
Shore
La
of
Luz
1,700
3,820
50
5.55
2,620
36c
Jun
60c
Apr
Perron
Jan
Piccadilly
Jun
Pickle Crow Gold Mines
*.10 Mar
7.75
Jan
Pioneer Gold
Porcupine Peninsular
Porcupine Reef Gold
69C
79c
46,100
38c
Mar
86c
Jun
7c
7c
7c
500
7c
Jun
15c
Jan
10%
11
1,960
10%
Jun
14% Mar
Powell
35c
36c
4,850
V 30
30
50
2.25
2.25
2.25
200
5.40
5.40
5.40
25
ioy8
1
35c
«
com
30
•
Mines
—1
—
1.78
25%
76c
1
Milling
Gold
Jun
Mar
1.38
23
1
Mines
Woods
55c
1.44
Porcupine
72c
70c
70c
3,000
65c
Apr
82c
7c
5%c
7c
5,000
5 Vac
Jun
16 Vac
1.97
1.95
1.97
1,781
1.85 Mar
2.30
Jan
2.45
2.45
2.55
2,850
2.45
Jun
3.50
Jan
6c
6c
1,016
5c
May
25c
Jan
39c
39c
40c
4,600
38C
Mar
56c
Jan
44
43%
44%
1,085
44%
Jun
64c
1
—
64c
1,000
50c
88c
Jan
15
16 Va
1,415
11
Feb
17% May
15
10%
Feb
17%. May
.
Feb
Feb
'
1
:
r—
Lake Wasa Mining
Lake
*
1
Mining & Exploration—
Lake
1.38
;
1
•
~
24%
5.25
1
Lake
(John) Ltd
54c
1.38
24%
—1
.
1
—
__i
1
—
River
•
——1
May
70c
Jan
Powell
30
Jun
Power
Corp
•
Rouyn Gold—______
Mar
c
/
——1
27
———
—
2.05 May
3.00
Feb
Pressed
Metals
Jun
6.95
Feb
Preston
East
—1
15%
„
—1
15
37
1
Feb
Mar
•
Gold
;
5.40
15%
610
1
1.60
1.60
1.67
2,100
2.10
Jan
—10
10%
10%
10%
200
9
Apr
10%
Jan
40
53(4
53 V*
53 V*
50
51
Jan
54 V4 Mar
Quebec Labrador
Lamaque
1
Lapaska Mines
Larder
"U"
Laura
'y\1'
1
Lapa Cadillac
_
_
_
3c
4%c
2,200
4%c
4%C
15
15
3c
3c
500
98c
Mar
8c
17%
1
71c
67c
71c
7,100
55c
Mar
90c
Feb
Quebec Manltou
1
74c
71c
74c
18,400
52c
Mar
89c
Feb
Leitch
*
Oil
Gold
Mines
94c
J
Ltd
Gold
0'r\:
*
Long Lac Gold Mines Ltd..
6,900
Jun
4 V4C
Jan
2%C
86c
Jan
Queenston Gold Mines
•
Feb
80c
85C
Jan
Reno
1.50
Jun
80c
Jan
24 %
29%
Jun
f
Riverside
1.50
Feb
":
Robinson
29%
225
59c
63c
9,800
40c
8c
8c
8%c
1,000
8c
2.40
2.45
,1,806
68c
71c
17,150
53c
1,000
7c
6,667
95c
Jun;
9
Feb
10% May
4% Mar
Apr
Mar
5
2.75
3.00
7c
8V4C
13,000
1
16c
20c
15,100
.-rf
*
32
32
40
*
300
1
.
2,800
1
4,200'
-
————
Malartic Gold Fields
1
1
2.75
7c
_
Gold
(1936)
Silk
class
A
Feb
3.00
Jan
1.95
Mar
Jan
Royalite Oil
Jap
Roybar Chibougamau
Feb
Rupununi
12c
Apr
Oils
Roxana
.;
•
6,500
13(4
—
1.51
Royal Bank.
11
1.50
Jan
San
Feb
13(4
McCabe Grain class A
4c
18(4
10c
Mar
31c
Jan
3c
/
Mar
6c
Mar
10c
12c
5c
4,100
3,000
20%
21%
5,205
16
,
Mar
28%
28%
110
24
Mar
r
,
8%
8%
21%
McKenzie Red Lake.
14%
14%
3,812
98%
98 Va
98 Vz
15
55%
56%
5
—
——1
1
.—
—,
McMarmac Red Lake Gold
—
645
:
37c
40c
2C
.
2C
9%
Apr
9% Mar '*•
,90
V
Shea's
Jan
16
1
10c
8c
10c
13c
13c
Wpg
Creek
class A__.
66
Sick's
3,350
9.00
9.10
1,750
6%
200
5
15
25
14
Apr
370
_*
72%
72%
lie
—«—T
—*
40c
lit
Jan
-
^
—-
125
73
13
250
34
.//y' -f
28c
Jan
39-'
15
210
29 V4
29%
50
13
-13
233
13
25c
Pipe class A——-—*
*
———10
—
Limited pfd——10
Gold-
37c
5c
May
7c
May
17c
Jan
Jan
14%
Jun
Mar
67 %c
Oils
25c
5,000
28
175
25%
665
25%
50
2.34
3,900
41c
39c
23%
1,255
47%
115
45
1.45
,
18 %C
9C
10c
,
11
60
1.15
1.19
2,100
Ltd
15
1
}
--"-"4:
—
15
10
10%
996
9%
9%
552
——.——;—-1
40 (4 c
9c
4c
■
33c
Jun
Mar,
4c
,,
Mar
t
)r<
V( n J-
<
4,600
lie
Jun
24c
Inlet
'•
22c
22C
24c
5,250
14c
May
24c
2.49
2.42
2.57
12,050
.!
2,000
5c
6,000
4c
Mines.
Okalta Oils
1.45
1.56
common
'y
8,700
92c
4%
2.20
Jan
10c
*7. 6C
.
—
_.
13e
500
3%c
3 VaC
.500
6c
18%
6%c
18%
90c
>•/', U
.
Orenada
Orlac
Red
Lake
Oslsko Lake
Osulake
8
8Vs
224
8C
Gold
8c
8c
.16
12,500
7C
9c
58c
64c
19c
20C
.11,800
'
t;
«»
,V ; '
Pacific
Petroleum
1.16
Pandora
Cadillac
1.10
1.42
39
-
Tubes
Pamour Porcupine Mines Ltd
36%
39%
1.15
1.15
1.16 #
50,900
19c
.
> 80c
975
Parboc
782
4% Feb
20
125
17% Mar;
5%
5%
100
66c 68 %C
2,600
77
78
110
69
Feb
81
82%
85
72
Mar
82%
5%C
5%c
-1,400
Mar
12c
2.00
2.05
7,400
1
15c
16C
2,400
15c
1.32
1.40
900
99c
Jun
9c
Mar
j-Wt;*
10 %c
lOVeC 10V8c
1.35
1.42
1
2c
Pen-Re y
13c
For footnotes
see
page
43.
5c
5%
79c
,
80
2.40
Jun
1.35
1,250
42c
500
42c
29%
-:a
47
-
Jan
Apr
May
Jun
21c
Apr
Jan
Mar
2.05
19c
Jun
1.99
Jan
Jan
Jan
•
.
31c
61c
Jan
23% Mar
29 %
Jun
45
51%
Jan
Jan
35c
38c
7,700
6%c
10,000
—1
*
*
62c
65c
Gold
—
Elevators
&
Jun
60
60;
■:
5%C
.
Fuel
Class B
Mar
4%
Apr
5%
2.50
Apr
3.50
Jan
Apr
49c
Feb
5 (4 c May
21c
Jan
32c
Apr
80c
Jan
Jun
12 %c
Jan
Mar
12(4
Jan
8c
May
12c
Mar
35c
777
Mar
63c
Jan
60c
500
7c
10
100
8c
8c
1,500
45c
—
class
United
46c
2,700
^
18%
28
1.06
810
•
1
50
25
8c
Apr
290
45%
Apr
16
16
340
7,450
9c
*
9c
;
; 1.65
1.67
2.937
-i.—.——*
1
5.85
6.10
1,283
26c
26c
500
*
8.00
8.90
21,575
—
•;
Jun
Oils
Waite
Amulet
18 %c
Feb
Walker
1.15
Jan
Waterous Ltd
70c
Feb
Wekusko
1.95
15c
May
5% Mar
245
Vulcan
Apr
16% May
9c
1,000
7%
Ltd
Jan
12c
49% Jun
1.15 Mar
Upper Canada Mines———1
Jan
;
13% Mar
1.94
7%
Apr
>
3,580
48
Apr
'
—
Jan
Jun
9c
48
1.68
—
——
Steel
11c
>
,
10
7% Mar
8c
f
Hill
Oils
United
J6c
preferred
A
preferred
May
1.56
Jun
; :
5.15 Mar
22c
May
2.35
Jan
7.20
Feb
36c
——
—
•
29%
29%
1,380
12%
123/4
100
(G
&
W)
4.60
24
Jan
10c
12%
Jan
13c
1,500
7c
1,000
33%
33%
33%
160
33(4
33%
34
75
32
Mar
22
Feb
6%c May
9.25
Jun
31% May
Apr
7c
——9
„
Mar
10(4
12c
—
——
Feb
May
r
common——.———*
Consol
1
(Hiram)
Jan
8 %
19 %c
,
10c
Jun
Jan
May
V 1.45 Jun
Mar
Products
39%
Apr
Jun
Westeel
1.55
Feb
Jan
Western Grocers class A
2,000
5e
Jan
5c
500
4c
Jun
8c
Mar
3c
fp 500
2c
May
5c
—
—-—
*
*
7%c Jan
26 34
Feb
33%
Jun
36 % May
Mar
2c
34c
Gold Mines
Mar
1.68 Mar
500
1.42
Mines-^—.1
Keno
5c
Partanen Malartic
21% May
Apr
60c
260
United
Jan
5%c
v;
Paymaster Cons Mines
4%
4.936
Union Mining
Jun
2c
■''."""
Mines
f
'
;;
Union. Gas
Jan
5%c
Malartic
-i
7%
4%
Weston
Paramaque
Jan
8% May
8(4 Apr
20
.
•.?
2.65
10%
Mar
50c
3,300
68c
.———*
1
•
common
West Malartic Mines
Page Hershey
Mar
7%
*
1—•'
4%
Mar
>6%C Jun>
/
1.56 May
5% Mar
410
2.60
Mar
5c
13,750
19C
Mines
6%c
59c
Mines
49c
3,058
'
———♦
7%c Jan
Apr;
|:i6
1.000
1.18 Mar
& .'"sfcft*.": ^
Mines—.——
(Pearson)
Ventures
Orange Crush
Jan
Jan-
•
United
16c
Mar
6c./Jun
25
Apr
39c
55c
Towagmac Exploration
Transcontinental Resources
1.84 May
3%c Jun
12,000 "
Jun
Mar
7%
47
Toronto
4%c Feb
May
Jan
13c
Vy
Exploration
Ontario Steel
1.45
26
101%
<
Jun
1.40 Mar
——
Jun
26c
53c
28'%
Toburn
Jan
34c
59c
.O'Leary Malartic
'.Omega Gold
Omnitrans
55c
Apr
,3% Mar
Ogama-Rockland
Feb
31
Mar
55c
7%
Ltd common
Thurbois
Jan
Apr
3c
common.
24
Jan
14c
_
Jan
11%
Mar
r—--—.«*
*
Taylor
May
40c
Gold
O'Brien Gold Mines
.
10c
Apr
Jun
34c
Teck-Hughes Gold Mines———1
Thompson-Lundmark Gold Mines
•
Jun
2.67 May
10c
.4%C Jun
Jan
12%
1 Jun
9(4
1,000
Jun
52
1.50 Mar
10
1,800
Preferred- —————50
Jan
16%c
Mar
Jun
48c
Jun
1,610
42c
29c
Mines—————1
—50C
Cons
Tamblyn
7%c Jan
13c
.
16%
V Apr
Mar
1.43
————
Apr
49%
43
9
Feb
Mar
29c
Stanley Brock class B ——J—*-'
Starratt Olsen. Gold -—-——-—--—1
Steel Co of Canada common—,—*
■Preferred
———25
Jan
4 VaC
Feb
70c
18
1.40
—'
:;'V 'it
Jan
28c
5c
Jun
May
96
1
Surf
31c
4%C
8.50
690
101 101%
.—-—-•
*
Sullivan
49
5c
Apr
'0: 45
25(4
Jun
lie
Mines
16
Jun
23c
470
101 >4
Jun
21,100
1,656
■>
3.20
16%
.
Jun
35c
9,400
—100
1.52
Mar
75c
500
6.60
375
26C
2914
—•
Steeloy Mining ————
Steep Rock Iron Mines
Sturgeon River Gold
Jun
5c
Jun
1.23 May
-vv y,i
*
:
15
23c
lO'/a
-—--5
-
'
26c
9%
common
..
Preferred
Jan
Jun
14C
Feb
11
Mar
6,100
Feb
2.99
18c
17,626
20c
Feb
10
98c
Jan
28%
J2c
lie
Jun
10c
500
11
1.18
40c
103%
Feb
6,650
5c
49
—
Oil
Jun
Jun
37c
Standard Chemical common
26% May
18% Mar
24
54,200
9c
10c
11
•
a——
Sturgeon
Stadacoma Mines (1944)
Jan
21C
13c
Mines
8tar
23%
47%
370
Mining
Tombill Gold
•.North
Feb
Feb
11% Mar
Springer
Jun
14% 017%c
5C
(Northland Mines (1940)
Feb
Jan
May
111
Sladen Malartic. Mines—
,
Jun
34
25% Mar
11,350
13c
Canada
20%
44
101
Jan
33c
100% Apr
1.35
21C
—
Normetal Mining
Northern
38c
22,800
23%
47%
——*
Jan
13
1.91 Mar
103 103%
103
Malartic
North;Inca
4.35
12c
Apr
30
;
Mar
18c
2.25
2.30
Noranda Mines
Norpick Gold
14
85
6.90
Class B
Mar
16
13%-Apr
27% Apr,
10
Apr
,
25%
:
■
14%C
—
Mines
Norseman
Apr
3.30
3,000
1,600
40c
Preferred
?
May
'45-
■38% "Apr
25
25 y*
25(4
1.35
———-—
«
Nordon Corp
?45
Jun
4,064
6c
Jan
76
Jun
27%
27(4
Yellowknife
Norbenite
Mar
3.60
Taku River Gold ——————*
Nicholson
Jan
May
15%
Bylvanite Gold
Nib
Apr
19
6.90
Simpson's Ltd class A:———
Jun
18 % May
Feb
lie
6%
54c
Mar
65
3,500
15
——25c
Mines——-——
•:
43
Jan
Mar
Feb
15%
Class.. B
-
New •/ Pacalta
23c
1,362
6.90
Silverwood Dairies class A
Jan
15%
:
;/-:14i-Mar
940
12c
39
Car
Norzone
Mar
8,000
15%
Standard Paving com
':
class A——————*
———
Marlon
5c
lie
1.43 Mar
Silanco
10% May
6.10 Mar
3,800
17%
*
common.
com
Trust
New
16c
18(4
23%
V T C
Mar,
20%'May
Apr
15
*
■r: 1.75 Mar
17
National Petroleum
New
19
Jan
11% Mar
Sllknlt
2»/4
19%
20
(Wm)
Feb
5c
,
1,160
Silver Miller Mines——
'
Neilson
16
}
18,660
Jan
2%
40c
;—
Preferred
New Calumet
25%
2.50
Jan
6%
Mylamaque Mines
Negus Mines
Jan
23 V* Mar
16%
18c
5 VaC Mar
—
Moore Corp common—
National
Jun
49c
2.38
29c
57,700
common
Poicupine
Sewer
11
15%
Jun
9%C
Montreal Locomotive
Steel
500
47%
Siscoe Gold
National
Mar
Mar
16
8c
9.05
National
8
25c
2.39
llVaC Apr
2(4
-,
Hosiery
Jun
3VaC Feb
8C
Modern Tool Works
National
33%
1
75c
15% Mar
8c
Breweries
Feb
May
Breweries common————•
Bherritt-Gordon Gold Mines—
Jun
Jun
55
-fy-V".
Oil.
Grocers
28c
30
695
■
9c
50c
50c
Gold
Jun
19%
'•(f
National
255
9c
-
14
—1———1
——
Brewery
2c
2,600
Mills
National
May
5c
1
.——
36c
30,600
13C
Mining Corp
Moneta
Jan
15c
,
May
98'/a
Feb
'
55% Jun
•
2,650 '
1,000
——»
————
Knitting
13C
3.30
i—,———-1
Ltd
Shawkey Mines
May
•.
Monarch
18%
42% i:
Sigma Mines (Quebec————1
Brick-
25
>
Shawinlgan Water & Power
*
Preferred
———.—100
Jun
30
•,
7%
50
14%
•
./-100;
Mclntyre Porcupine Mines-—
Milton
Jun
Jun
18(4
;'
1
——1
——:
Mines
Sannorm
May
Mar
4%c
-*
—.
common
Preferred
Mid-Continent
3.00
10%c
lie
-
class A pfd—___50
Cold
Antonio
Sheep
Mercury
Jan
Feb
2.30
.
14'/a May
11
320
28*%
McWatters Gold
Feb
Jun
9C
1.95 Jan
Jan
21 Va
Preferred
Gold
170
♦
.
Massey-Harris common
McLellan
9%
Apr
180
9c
*
Mines Ltd
Sand River Gold
12c
McColl-Frontenac
15% May
7c
I
3,600
24%
,
1
;
Corp
3.15
40c
Apr
2c
—
Mines
Apr
4%c
'
11
38C
18%
10
*
1
Russell Industries common
Senator Rouyn
Gold
Martin—McNeely
•
4C
1,225
;■
35c
-
Scythes & Co common—•
MiUing——>
••
,
*
Co
Apr
2.40
18c
2,900
Manitoba <St Eastern
Marcus
—
.
.
St Lawrence
Leaf
Mar
Apr
10V4 Mar
500
20c
Jun
2.40 Mar.
700
—
Madsen Red Lake Gold Mines
Maple
160
170
4V2C
40c
8% May
Mines.
!
Magnet Consol
Jun
170
Gold
31
69c
Gold
9
4%Q
j.
—
Mines
26% Mar
28 V*
1
Export class A
20
(Little) ,common...„.
Richmac
3,900
2.45
I
Macfie Red Lake
B
2,300
9
■
—
MacLeod-Cockshutt
6,067
14 >/4
9
170
_
Gold
Renabie
47c
13 V*
9
•
42c
14
Jan
,395
MacDonald Mines
Class
14c
59c
29%
/>,
•
Mines
MacMillan
.
Apr
6 %c
12,600
42c
■v
♦
-
B
29 Vac Mar
500
8c
34c
28'/4
—
1.( i;
Macassa
*
29%
i
Goldiields-
Gold
•;
•
Class
—1
Mining
Quinte Milk class A
Jan
1.25
1.10 Mar
7,975
60c
B
Lunward
1.19 May
Mar
60C
29%
*
Louvicourt
1.20
32c
,
80c
•
Loblaw Groceterias class A—
Class
8c
32C
,
■
Regcourt
_
_
Lingman Lake Gold Mines
Little
1.10
Vi;.' 1,16
v
Lexindin
90c
——
1.55 Mar
Jan
Quemont
Ieduc-West
common
Preferred
Jan
Mar
12
75
Mills
Jan
Jun
4c
2,500
,
7%c Feb
lie
3c
'
1
__
4 (4 c Mar
4,500
4%C
3
Candy
Lebel Oro Mines
5c
4C
_1
Mines
Secord
5c
1
—
—
5c
-—
Dome
Purity Flour
2C fy
35c
11 %c 13 %c
1,000
2,500
39,000
!■■.
2c
Jun
10c
Mar
,
i
>
«3c
Jan
20c
Feb
•
25%
260
45
6%c
3,000
25%
101%
—1
Mines
8%c
7%c
7c
7c
5c
5c
5%c
1
Winchester Larder
Wingait Gold
X
100 101%
*
100
com
Wiltsey-Coghlan
May
46c
Jun
33c
(Geo)
Preferred
:—
1
•
,
500'
13,000
97% Mar
28
101%
Jan
Jan
Feb
5c
Mar
12c
6c
May
10c
Apr
5c
Jun
11c
Mar
THE
(2826)
42
COMMERCIAL
&. FINANCIAL
CANADIAN
RANGE
Friday
Week's
Ranee
Shares
MARKETS
ENDED
JUNE
for Week
of Prices
Sale Priee
WEEK
Monday, June 28, 1948
25
Sales
Last
•
STOCKS—
LISTED
FOR
CHRONICLE
Friday
Week's
STOCKS—
8ales
Range
for Week
ef Prices
8bares
Last
.
Range Since January 1
Sale Price
Range Since January 1
'
Low
Par
Winnipeg Electric
Preferred
Wool
common
5,223
98
25
21
5
f
Combing
Wright-Hargreaves
Low
27%
98
100'
__
High
25%
27
•
—
2.40
2.40
21
2.52
High
20%
95
75
Feb
Apr
May
19
2.40
3,835,
27%
Par
Jun
Canadian
100
Apr
Canadian
24
Jan
2.90
Apr
Canadian
Jan
Industries
Vickere
1
Mines
Yellorex
Yellowkntfe
Bear
19c
500
18c
Apr
40c
3,202
63c
Jun
81c
May
York
•
Girl
Knitting class B
_*
5%C
6,500
5%c Apr
3%
41
160
4%
•
50
3
150
9c .Jan
May
4%
/*"■
Jan
'•
4%
High
19% Mar
1.50
.
20%
320
3,630
>
24%
Feb
43%
Mar
3y8
48%
Oil
160
Feb
Dominion Glass common
*
Donnacona
14% Mar
4,300
33 %c Mar
24
210
18
Jan
26% May
32
260
27
Feb
33% May
33%
__
33%
50
33%
39
39
10
36
'
*
Paper
Oil
21%
•"
2.70
.
Jun
31%
32
Dominion Oilcloth & Lino
Foothills
51%
Apr
23%
*
,
Jun
2,445
38c
*
Bridge
39
245
Jun
4% May
40c
*
deHavilland Aircraft
Exchange-Curb Section
50
Jan
2"% May
Apr
134
60
4%-
„.* .■
20%
20% 20%
'V-J.yv^V'*4#vv'i;* jw?I **444
Paper
U' A'
.
Dalhousie
Dominion
Toronto Stock
43%
'160
2
Canadian Westlnghouse
Consolidated
Yankee
Ymir
2,200
Feb
66c
3%
63c
19c
63c
5%c
1
—
2%
41
100
Western Lumber
Lew
23%
160
2%
•
common
Preferred
High
23
23
1
Marconi
Canadian
Low
—•
common,
22
60c
Jun
2,300
2.70
Jan
35
-
Jun
May
39
Jun
23%
Mar
20% Mar
235
2.85
2.70
21% May
v 1
Jan
4.10' Jan
Canadian Funds
Week's
Friday
Last
STOCKS—
Low
Par
*
National
Andian
Asbestos
British Columbia
Shares
Range Since January 1
High
tow
*
60
Apr
10
Jan
5
25
Jan
30
Co
115
72
Feb
135
—
105
115
4%
4%
5%
2,025
.100
111%
109
112
650
common
Preferred
Canada
h
Canada
Vinegars
Domihlon
Sugar-.
j
19%
0>
i;
For footnotes
see
20
12
Minnesota
Jun
Jan
Pend
Mar
60
275
115%
Jun
15% Feb
1
Jun
20
Mar
10
1
1
,
1948
1948
Selections
$
'
'/
^
and
+
618,904
+
682
22,261,074
271,252
+
19,682
+
a record for the week
1'l<>
'
-
FOREIGN
4
;
1
■
EXCHANGE
*;zKr
J'Xs
RATES
S.
+
8,413
+
31,317
352,946
+
58,914
+
'
I
_____
+
371
+
"
^
8,395,481
+
4,505,007
+ 108,000
Notes
1,934,800
Bonds
6,174,786
2,412,991
—
4.
BY
f.
'
Due
F.
from
R.
and
of
21,010,074
securities.
21,365,259
154,850
.
other
banks
111,719
Uncollected items
Bank
premises
Other
2,842,701
assets
_
_
JUNE
18,
32,546
_
_
137,012
assets
^
-
-
I!
'•
V-'. /•'" jy'>'
2,000
—
+
+
260,850
320,135
Official
v
;*
'1
'' tv'
,
+
5,447,396
—
—
571,883
'' ■■■
'
1
53
8,391
+
10,876
—607,943
+
348,671
19
+
+
88,874
—
+
23,669,494
Australia, pound
___
___
-
19,338
17,407,925
acct.
1,863,370
363,924
__
__
Other
Total
463.222
deposits
Deferred
+
2,451,378
♦—
—
—590,896
+
879,569
+
—
6,926
58,741
+
1,221,554
—
41,263
—
46,357
+
2,461,274
2,486,751
items
+ 236,858
—490,209
+
333,927
955
+
19,207
liabilities
Other
(Section
(Section
capital
Jan
4.80
Apr
J
,v%;.
42c
42c":':Juii:'-vj
37c
539
Jan
J'11
.7 '
Jun
•
500
dc
57c
821
57c
Jin
8e
1.00
Feb
'
.•
'
•>%
J
24,
1948,
J
r'
BANK
We
:
TO
.
'fi
^
TREASURY
'
>
UNDER
'
INCLUSIVE
4-,
" \
'
TARIFF
' \
' '
j
,t
J
*
y
1930
OF
ACT
•'
.
Buying Rate for Cable Transfers in New York
in
United
States
Money
June 19
v,-v
'
June 21
|vv;V--:V
$
.251247*
V '
■■
$
.297733*
Closed
June 23
June 22
$
Vv
111
i," n" •;',
'"
.251247*
00
*
"3.212133
3.212133
.022814
.022814
.022814
.054406
.054406
.054406
'
t
.
y /.:VV;
Canada dollar-
':—V
.
3.212133
'
.022812
.054406
■$ i;.V;'
■
; •.
v'
i'w--j
Official
1.000000
Free
1.000000
.933125
Colombia,
**
00
'
■
3.212133
.022807
i
$
*«-
.297733*
-
June 24
Vvvt$yv%";,;44 ;":VW
.
1.000000
1.000000
.933906
.936875
1.000000
.933671
.931250
.020060
.020060
-
peso___
*♦
_
__
__
Denmark, krone-—.
»*
_
.020060
'
.208574
....
t*
.208574
4.031250
:r
.208574
4.031250
.208574
4.031250
....
**
.020060
.020060
4.031250
.208574
4.031250
,
'
:v"i
(Metropolitan), franc—
Official™
;i'v'V'": ■ W
1
■■
.004671* y*
.004671*
.004671*
.004671*
.003267*
.003265*
.003267*
.003267*
.301691
.301691
.301691
.301691
Mexico, peso
.205726
.205726
,205726
.205726
Netherlands, guilder
.377370
.377124
.376961
.376384
.004671*
—....
"
Flee
.003267*
India, Dominion of, rupee
_
V-w
.301691
.205726
:
2,748
incl. accrued divs.
46,273,893
+
—271,734
+
2,403,089
Official
198,447
7)
+
88
6,659
448,189
8,366
,\i 'KJ
",\V•' ''I
.•
'.
s
"•
»,a
■
;
New Zealand, pound
■
Norway, krone
4-4
v.'
•
1.000000
—
Free
Capital Accounts—
Capital paid in___
Surplus
Surplus
6Vic
\
ttO
.054406
•%
Newfoundland, dollar—
Total
Jun
,
394,860
+ 1,327,340
20,098,441
availability
Other liab.,
'
{
1948 TO JUNE
3.212133
•i
Brazil, cruzeiro—
France
Treasurer—gen.
Foreign
,
6%o
.251247*
556
297
—
—267,826
acct.
S.
^
3c
2.25
57c
.297733*
'"
U.
May
•
»
England, pound sterling
notes
bank—reserve
?
RESERVE
Value
....
350,834
Deposits:
Member
Apr
28
168
Jun
Mar
8,000
4,530'
6%c
•
__
<>
$
Free-»^-,^.—
1,565,500
—
47,021,612
Reserve
"r'l
40c
—1
June 18
—5,987,520
LiabilitiesFederal
5c
€.05
V
—*
——
168
5c
3.95
\
>
«
___—
Noon
Czechoslovakia, koruna
Total
168
160
v
U2X.
—1,597,259
+
49
banks..;
foreign
notes
10
168
•
—
4.00
rjw v t
FEDERAL
91/020
Belgian, franc.
Govt. securities-
loans
Feb
__*
C-
'•
•
,
Argentina, peso*—
Bills
Total
Apr
20
just passed:
466
advances
?
Certificates
♦Total U. S.
45
1
220,583
2,239
J
securities:
Govt,
25
2,030
Consol
CERTIFIED
'
2,321,971
Industrial loans
U.
57
26%
.
Country and Monetary Unit
Discounts
Jun
55
^100".
»■
\j
1
Yukon
1
19,000
■v
Total gold ctf. reserves
-
70%
25%
25,
1947
+
21,642,170
cash
Mar
R.
notes
Other
46
55
25%
•
,
-
Oreille'
Temiskaming Mining
13%' Jun
#
$
Assets—
certificates
June
June 16,
June 23,
F.
2,140
Mar
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
give below
'
for
Jan
67
64%
34
Foreign Exchange Rates
to the
thousands of dollars)
Increase (+) or
fund
22%
Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank certifies daily
decrease (—) since
Redemption
Feb
May
43.
page
Reserve Banks Combined
Gold
20
21
100
Ogilvie Flour preferred
6%
Statement of Condition of the 12 Federal
(In
190
600
66
& Ontario Paper—
Feb
3%
12
12
___,
30%
21%
*
common.
Southmouth Investment
0
—
May
6%
Oil
Brown
Paper
Langley's Ltd preferred
8
27
1
Pulp Si Paper com—*
High
,
8
:^i'>
27
30%
21%
*
International
27
■'imm'
•
Corp
Hayes Steel
Humberstone Shoe
Sales
for Week
Range
of Price*'
Sale Pricei
.934375
••
1.000000
.930625
3.225000
V
v^vvyClv-V'V1.000000
fVV;
.
.377000
;
-Tir.ifiy,
■
i
■ V
V-V"
.
1.000000
l.COOOOO
.928750
.931458
.931041
3.225000
3.225000
'
4
■
3.225000
3.225000
•
27,543
73,540
.201580
.201580
.201580
.201580
.201580
:
.040343
.040328
.040340
.040353.
.040342
'
.091324
.091324
.091324
.091324
.091324
Sweden, krona
.278242
.278242
.278242
.278242
.278242
Switzerland, franc
13b)
accounts.
.233628
.233628
.233628
.233628
.233628
4.007500
4.007500
4.007500
4.007500
88
+■
£820-
33,176
Portugal, escudo___
_
r
Spain, peseta
Total liabilities & cap. accts.
Ratio
of
gold
to
certificate
47,021,612
—267,826
deposit
purchased
for
and
F.
foreign
R.
trial loans
make
cor-
0.2%
+
3;!1
mi-"'
Uruguay, peso—
,.
' j'V '
-
•
V-.V..V.V '
>.■ V
:
-V
-
V V V.-
—
1
2,945
.658300*
.658300*
Noncontrolled
.561800*
.561800*
indus¬
1
4.007500
Africa, pound
Controlled
2,972
to
Union of South
•
respondents
Commitments
2,451,378
re¬
V'-V
note
liabilities combined50.9%
Contingent
liability on bills
serves,
+
6,646
+
22
376
♦Nominal rate.
♦♦Temporarily omitted.
.:-;' V144
Vv;V:'.
.658300*.
,
.658300*
.561800*'
.561800*,
,
:
.658300*
,
^.561800*
Volume
'' Number 4711'"
167
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2827)
OVER-THE-COUNTER SECURITIES
Quoations
for
Friday,
June
25
Investing Companies
Mutual Funds—Par-
Aeronautical
Affiliated
Amerex
Sescurltles
Fund
1
Inc
Business
Associated
Shares
__10
j
X49.07
50.07
lc
3.97
4.38
Business Equipment shares_lc
Drug shares——
lc
4.35
4.80
3.67
4.05
Electrical Equipment shares.lc
4.46
8.89
17.62
/
General
Home
Beneficial.
1
Corp
Blair
Holdings
Bond
Inv Tr
3%
?
Industries shares—lc
4%
,
None-Ferrous
Paper
shares
—*
95.61
99.59
Petroleum
.*.1
20.25
21.89
Steel
Bowling Green Fund Inc.—10c
9.12
9.13
17.51
18.93
1
18.93
20.74
-1
4.15
5.25
Boston
Fund
Broad
Inc__
Street
Invest
Corp..:—5
.
Fund
Canadian
Century
Ltd
Fund
Inv
Shares
Chemical
Ltd
1
Securities
Christiana
30.10
14.52
com__100 3,000
Dividend
1
:
6.04
Bond
17.29
Howard-
&
Fund
Balanced
Stock
25.19
26.09
Financial Industrial Fund Inc lc
First
Boston
Corp
First Mutual Trust Fund——1
Fundamental
Fundamental
Trust
2
Investors Inc
General
shares A—2
1
6.76
7.39
1
7.30
7.98
1
4.75
5.19
—1
3.65
Series—-—I
5.71
General Investors Trust.-—.1
Series—
Aviation
lc
Building shares
:
shares—'
Bank
6.63
5.50
"7.96
8.59
lc
8.10
8.78
9.66
10.14
9.09
9.85
7.12
7.72
8.01
8.69
Fully' Administered sharesl-lc
General bond shares__l—-_lc
Industrial Machinery shares
Investing
Low
shares, lc
Company
Priced
shares—
—lc
Merchandising shares
Mining
shares—
:i~lc
Petroleum
v
,
__lc
Railroad stock shares—.
lc
Utility
5.70
Fund
Incorporated
1.74
5
24.73
26.74
9.24
.lc
r
99c
Investment Trust of Boston- -1
7.27
Investors Management Fund-i
-1
State
15.28
1
27.36
Rate
1,
1949
_
1%% 100.0346
.0449
tl'/ss Feb.
1,
1949
_
Bid
Dated
1.15%
1.25%
July
—5
Fund————1
Fund
1
1
15.75
2%
10c
Street Investment
Corp-*
26.96
11.72
bl.50
1.25 %.
1-48
bl.55
1.35%
1.55%
1-48
bl.55
1.35%
1.55%
1.55%
2-
3-48
11-
1-48
bl.60
1.40%
Bid
1
Investing Corp
Wellington Fund-
Automobile
American
bl.00
0.94%
bl.00
0.94%
bl.00
0.95%
Sept.
bl.00
0.95%
Sept.
16,
1948
23,
1948
————
New York
83c
51.00
Par
91c
Bank
of
96c
the
York-.-.—.-.100
Bankers Trust
Central
6.37
42%
105
Chemical Bank & Trust——10
110*
Commercial National Bank &
19.00
16.60
17.85
CO
——
Manufacturers
Trust
42%
Morgan
&
24
25
National
57%
New
85
Public
10
Sterling National
36%
Title
7.12
1
2.52
5.93
Corn
10
>
55%
81
14
.
Bid
Series 1956;
I
—
79%
43%
'
Homo
45%
Insur Co of North
49' '
51
Jersey Insurance of N Y
69
Bid
Ask
27%
29%
63
g
——
America
Consol
Nat
&
Gas
Lt
2Y8S— ,1977
2%s
_1968
Cudahy Packing 3% s.i—.
Ask
97
1978
46%
49%
102%
102 %
.1977
Merchant
12%
$2.10 Prior preferred
10
$1.05 Convertible preferred_5
13%
Bonding
Fire
Firestone Tire & Rub 2%s. -1972
Bell
Tel
-1977
3s
5
26%
28%
5
Assur
Merchants & Mfrs
27%
Kentucky Utilities 3s
29%
Louisiana
Pow
Si
Lt
3%-. -1976
97
Fire
-
Assn
Fireman's
of
-
19%
20%
86
34
108
104
100%
99%
102
i
New
103
Ohio
-1978
43%
100%
101 %
45%
31%
Ohio Public Service 3 % s-« -1978
102%
103%
33%
Amsterdam
27
29
Hampshire
40%
43%
York
Fund
of
*
—
Pacific Fire——w—25"
60
103%
13
—5
5
Republic —2
Rutgers Fire com_ —15
<u
Fire
Hartford
Steamboiler
57%
Co
—5
Republic
6%
S 82
Pacific Pwr & Light 3%s_. -1977
Edison 3%s
.1978
Potomac
101%
100
-1977
82%
85%
33/4
100%
31%
102
103
3.50%
'
100%
Par
Bid
26%.
96%
106
108%
100
107
100
93
95
50
53
56
100
81%
83%
Mexlco_7
15%
15%
.
Public
(Indiana)
preferred
Service
of New
—
:
101%
Speer Carbon
Co
•
13
12%.
Tennessee Gas Transm's'n Co—
Stocks—
Ask
4%%
preferred
8%
105%
100
99
Texas Eastern Transmission
1
4%%
S
94%
100 X104%
pfd
Public Service
33%
Corp (N Y)
2
(Texas)—
—10
preferred
Pennsylvania Electric-—
3.70% preferred
Pitney Bowes 4%% pfd
101
-1978
4%
10
4.50%
Okla Gas & El 5%%
100
-1978
5
100
103
99%
493/4
preferred
N Y State Electric & Gas—
101%
-1968
105
—10
102%
101%
102
West Penn Power 3s
*
14
Tucker
1
•
100
8%
107
5%
Corp "A"-
14%
2%
3%
28%
St Paul Fire & Marine——12%
Seaboard Surity
10
Security (New Haven)
10
77
80
51
55
46%
25%
27%
10%
Springfield Fire & Marine—10
43%
45%
25
32%
Standard Accident
10
30%
32%
a
Odd lot sale
Included
change.
dividend.
79
31
;
Travelers —1—————100
U S Fidelity & Guaranty Co
2
27%
29%
U
—10
110%
113%
U
10
31%
33%
1978
17%
.28%
21
3s
86
44%
9
,
13%
—10
-
Power
3s_—
14%
26%
•
Elec
25%
10
Reinsurance
107%
74
__
Hartford
13
24
151
&
Hanover Fire
Indemnity
Providence-Washington
57
Globe
_
12.50
Preferred Accident
55
5
preferred—
—
Phoenix
144
Frisco— —10
American--
5
-
33%
10
Falls
&
10
2.50
71%
20
Glens
2nd
2.
—5-
River
68%
General Reinsurance Corp__ —10
Globe
Fire
31%
10
—10
Firemen's of Newark
Great
Casualty
Fire
Narragansett
conv
England Gas & Elec—
4%%
7%
Northern
■"
Ask
102
27%
Northeastern
89
Bid
Kentucky Utilities 4%% pfd-100
6%
51
32
p»r
103/4
25%
—.
67
Stocks—
49%
4
Causalty
84
64
-
595
;
106%
New
65%
49
-
85
/
pfd_50
National. Fire—
—.10.;
National Union Fire———5
24%
623/4
10
Phila
565
Ind'polls Pow St Lt 5% pfd—100
New
22%
34
,
80
Fidelity & Deposit of Md_
100
-10%
102%
(Detroit)—10
National
Pacific
Federal
Trust
40%
9%
1023/4
25%
Iowa Power & Light 3s
-1978
23%
Massachusetts
10
Employees Group Assoc—.
Employers Reinsurance-
Trust—12
Gamble Skogmo 5%
Illinois
12%
,,,25
-
_
&
81
98
16
20
ID
Inc
89 %
38%
—25 '
92
15
18
25
Casualty-
86 %
i—
90%
Georgia Power & Lt 3%s—
11 Ve
Life— —10
General
& Forster
25
Trust-17%
Flprida Pow & Lt - 4% % pfd.ioo
42
42
5
Connecticut
Crum
States
&
973/4
,
104
North
Continental
Guarantee
41%
—
Bank
53%
226
39%
•
96%
38
22%
,-10
Fire——
Trust
Nat'l
51%
220
-
84
N&yr-
Camden
12%
82
100
39%
—10
.
20
-100
Birmingham Elec $4.20 pfd—100
10
17 %
—.
Co
Inc
98
k-
20
21
33
Bankers & Shippers
Co
Security Issues
Bid
Arkansas Pow
Par
83%
16
Boston
York
United
1,370
P)
City Bank
2.97
Companies
Ask
31
—
(J
3.68
6.29
49%
2.85
5.43
46%
8.20
Independence Trust Shares
North Amer Trust Shares—
Series
1955—.—.1
167/a
1,550
/ 41%
40 %
275
157/a
1,500
251
39%
165
266
10
Trust
Ask
200
100
10
Continental Bank & Trust—
Bid
—
100
100
20
—
Fiduciary Trust
,
10
34%
First National
Bank——1001,310
16.55
10
—
0.97%
100
,—
Lawyers
10.50
Trust
Par
Trust
National
36%
22.42
15.01
2%
Surety——,
Fulton
Grace
34%
30.22
Newark—
Reserve—.,
0.96%
bl.00
Guaranty Trust
Irving Trust
Kings County Trust
"5.17
Diversified Trustee Shares-^
5
American
0.96%
bl.00
-
93%
8.38
Unit Type Trusts—
4
American
0.96%
bl.00
r—
90%
10.29
17.41
15.17
Re-Insurance
Automobile
0.96%
bl.00
*
15
Chase National Bank
13.76
Equitable A"ssur_—5
American Fidelity & Casualty_5
American of
0.96%
bl.00
—
0.96%
bl.00
1948
9.
Ask
bl.00
'
257/b
^320
"40%
100
-
Hanover Bank & Trust 20
27.70
American
American
12, 1948
Aug. 19, 1948Aug. 26, 1948—
Sept.
2,
1948
Ask
24%
305
10
-
Brooklyn Trust
19.71
20.51
—2.50
Aug.
City Banks & Trust Cos.
Bid
Manhattan Co—10
Bank of New
54.00
24.84
10
Casualty
Bid
1948
15,
22, 1948
July 29, 1948
Aug.
5, 1948——
Maryland Casualty common—-1
Alliance
Treasury Bills
Ask
0.90%
22.77
10
American
1.50%
vy;'/;.";.]-'
0.90%
18.91
25
American
1.50%
bl.65
bl.00
17.33
10
—
bl.65
bl.00
————
1
w._l
1
Series E—:
1.50%
1-49
1-49
1948—
1
Inc
bl.65
2-
3-
1-48
1948—
Federation Bank & Trust
Fund
;
1-48
1-48
8,
Exchange Bank &Trust_20
Empire Trust—
-—60
Whitehall
3-49
1-
56-
;
li
21%
86c
Street
V4-
:
1.55% V
United Stales
6.67
18.03
C
1.45%
1-48
12.68
20%
21.71
A
1.40%
bl.60
28.99
1
series
—
Ask
bl.55
1-48
9-
Due
1-48
3.70
1
Fund
B—
Bid
1-48
10-
10.65
10
Life..
.0346
12-
10-
19.06
Par
Agricultural
.0312
100.0148
_
11-
1-48
Recent
Aetna
wi
Dated
5-
51.50
Union Preferred Stock Fund—1
Insurance
Surety
.0467
100.0129
-
16.94
3.37
5.74
Insurance
.0341
100.0316
3-
1-2-48
26.88
Fund.
Casualty &
.0475
_
6-1-48
25
.1
Aetna
—
100.0207
1.55%
Sept.
7.30
.1
Aetna
.0454
100.0356
-
___
1," 1949
Ask
100.0351
1.45 %
"/
12- 1-47
;
July
Trading—
Rate
•
1.45%
9.99
&
Bond
Ask
1.20 %
1.35%
8.64
7.29
6.66
.1
Knickerbocker
JIVss
1.15%
9.76
.1
.0087
Bid
17.46
-
tl'/ss
bl.45
o
24.64
.1
.0085
1, 1949
June 1, 1949
bl.40
1-48
1
K-l
tlVea Apr.
2-48
Due
1-48
.1
Bonds)
1949
Ask
8«
10- 1 47 t 7-
1.20%
.1
(Speculative
1,
99.9983
.1
B-4
Mar.
99.9980
1948 Series J
1, 1948 Series K
,
10.81
Inc
Series
28.59
tl%s Jan.
1,
Us Oct.
7.88
Investors
Series
Wall
Bonds)
$ls Oct.
Bid
.0084
Certificates of Indebtedness—
9.96
Union Common Stock Fund
(Investment
Maturity—
Certificates of Indebtedness—
.1126
99.9979
UVb
9.12
6.65"
.
Union
15.63
1949
1%
13.58
Trusteed Industry Shares——25o
Keystone Custodian Funds-sB-l
12.39
1
7.97
Ask
1%% 100.1040
10.33
1
30.97
Bid
20.99
Shareholders Trust of Boston
15.94
28.49
1,
1
Selected Amer Shares
1.09
14.55
_1
tJan.
1
84C
.lc
1948
1948
equipment—.1
(Geo)
Fund
10.12
76c
15,
1,
July,
July
July
Standard Utilities
.lc
tSept.
tOct.
11.66
19.15
Sovereign Investors
Group
Dollar Price
Int. Rate
13.42
10.64
—1
Berg Fund Inc
Scudder, Stevens <fc Clark
Shares Ltd—
•1<?
Bank
12.25
———.1
—-i—
Russell
1.79
121%
9.87
1
-
Republic
5.01
120
.1961
11.17
1
Utility-—
--
Putnam
-
Institutional
9.01
10.19
1
—
Petroleuni
5.91
4.64
10c
Investors
5.44
1
Canal 3s
12.37
X
-
Tobacco
6.19
Inc
11.29
*0.43
Railroad
Steel
4.38
100.4
■■■■,;
U. S. Certificates of Indebtedness
12.72
1
—
Public
15.04
11.61
-
Railroad
6.09
4.03
—lc !
shares;——
Plan
13.72
5.12
5.61
Income Foundation Fund
11.44
1
stock—
r
2.80
lc
-
12.84
10.78
Pacific Coast Invest Fund
6.26
-_lc
shares—
Tobacco shares.
Howe
.
Oils
10.00
2.57
,
L_lc
Equipment shares
Bteel
5.77
9.23
.
j.»lc
11.72
1
series
Machinery
Merchandising
Metals
■
4.71
—lc
.shares.,.
Railroad Bond sharesRR
'
10.74
10.45
equipment
Insurance
8.58
9.80
9.54
—,1
bond
Electricial
8.63
7.92
Institutional bond shares—lc
-
4-7.83.
Industry
1
Diversified Investment Fund. 1
Diversified preferred stock
1
5.97
i;;
Federal Intermediate Credit Bank Debentures
7.70
l
—
Corporate
12.28
100.2
1949
7.67
l
supply-..
Diversified
7.19
11.33
y
,
stock.——
Chemical
9.53
8.79
lc
—
15,
Other Issues
Panama
Inc—
Aviation
6.66
Electrical Equipment shares lc
Food-shares——
———lc
'Chemical
Stocks
Building
7.19
6.14
:—--lc
shares
York
5.91
6.63
lc
shares.—
l%s Apr.
101.8
100.1
100.6
11.97
1
7.03
8.13
Ask
99.30
100.3
16.75
Fund
Automobile
-
1949
4.49
15.62
England
Agriculture——10.92
49.56
Bid
1948
20,
4.61
7.1
L
15,
Jan.
6.24
7.02
New
6.47
"7.50.
3.99
4.22
16.7
■
Automobile
:
iv:
4.11
35%
5.51
.
shares^-—-—10'.
Agricultural
Series
1
New
Securities—
Group
Series
7.48
1
2.21
46.09
Corp——1
Capital
10.66
.5.83
15.25
6.24
-
Sept.
l3/4s
98.28
98.20
101
1%S
98.8
14.94
9.86
33%
-10
-,
13.91
1
Selected Group Series
28.21
2.02
5
Inc
Fund
Fidelity
1955-1953
Maturity—
Industrial Stock Series
17.67
1953-1951
1,
100
16.63
1
Series-—,
1,
Feb.
99.26
98
13.82
15.22
Low Priced Com Stock
Series 1
26.94
16.53'
1
U
Fund-—^1'
12.78
1
.
Speculative
Stock
Eaton
1
Inc
Corp
Stock
Jan.
2%s
29.85
6.84
Income
1.70
1.54
27.61
1
Preferred
\ l%s
8.48
Securities—
Bond
l%s Oct. 1, 1950-1948
l%s May 1, 1952-1950
5.17
7.74
Fund
Priced
point
Banks—
5.74
10c
Fund
Investors
Loan
4.91
5.21
1
Fund
series
Low
6.57
15.99
25c
Shares---;
National
145
-1
Investment
Fund
Delaware
4.45
'
National Security Series—
3,100,
140
100
Commonwealth
Balanced
15.71
Preferred
Invest
Nation-Wide
31.36
—1
Trust:
Fund—
Mutual
Home
4.30
Mass Investors Trust
Mass Investors 2d
Bullock
3.90
lc
Fund Inc
Federal
4.65
lc4.69
Bond
Ask
a
-
5.05
4.22
lc
shares
shares
Manhattan
4.58
lc
Metals
Bid
,
lc
Furnishings shares
5%
5
—1
(?orp
of America.
shares
Federal Land Bank Bonds—
S2nds of
one or more
4.92
Sayles Second Fund—10
Automobile
11%
16.21
Axe-Houghton Fund B___L—-5/
105.31
,'«*'
8.22
Figures after decimal point represent
Ask
Managed Funds—
4.44
10%
_1
Bid
X103.20
Loomis
30
,
.
2
.
Inc
'
Loomis Sayles Mutual Fund_i—•
4.93
.
4.05
Oilstocks
A
Fund
r»r
6.05
4.50
28
Shares___-.1
Standard
series
Axe-Houghton
...
Obligations Of Government Agencies
Aik
5.51
—1%
Holding Corp
American
Bid
S
S
Fire
4
Guarantee
Westchester
Fire
10
2.50
560
49%
52
575
(not included in year's range),
year's
range).
n Admitted to
y
Ex-interest,
trading N. Y. Curb.
(Un) Admitted
dividend,
e
Unlisted
to
Ex-rights.
2
f Flat
b Big yield price,
price,
k Admitted
rCash sales
Trading privileges,
d Deferred delivery sales
to
listing
(not
Y.
Stock Ex¬
(not included In year's range),
tEx-stock
w
d When
on
delivered,
N.
w
1 When
Issued,
Ex-stock dividend.
51%
54%
76%
33%
x Ex
in
•No
par
dividend paid
35%
value,
on
tin
May
default.
10.
IThese
bonds
are
subject
to
all
Federal
taxes.
1Ex
$40
cash
43
44
(2828)
THE
■;
COMMERCIAL
& FINANCIAL
CHRONICLE
Monday, June 28, 1948
Week Ended June 19
1943
1947
THE COURSE OF BANK CLEARINGS
-Dec*
Third
clearings this week will show an increase compared with a year ago,
Bank
corresponding week last year. Our prelim¬
inary total stands at $14,676,128,351 against $13,216,175,656 for the same week in
1947. At this center there is a gain for the week ended Friday of 7.5%. Our com¬
parative
for the week follows:
summary
by Telegraph
Clearing*—Returns
''
l
New York
Boston
'
i
i
'
r.
i
+
7.9
+
258,533,701
239,600,000
+ 12.9
283,327,339
LI
234,479,486
Baltimore,—
J.
Ten
:
—
i i
i
189,622,244
+ 15.8
;V 219,522,367
Other cities, five days—
I.
All
2,596,559
1,990,176
5,891,011
2,701,799
3.827,303
—26.8
4,621,932
3,528,940
+ 13.7
2,482,943
1,763,744
2,719,813
8,853,426
4,806,111
0,254,651
11,477,321
9,810,995
968,582,943
900,490,006
7,141,423
!
i
i.:,.
Fifth
cities, one day
715,058,887
+
3.0
+
9.7
6,958,580
976,951,679
U
Richmond—
which
;
For that week there
19.
increase
an
was
5,300,132
3,972,094
+22.3
296,439,875
361,360,432
+18.1
771,246,475
874,200,020
of
previous
—
'
28,719,100
3,176,385
2,099,279
10,777,000
+ 50.4
+16.6
8,339,000
1,490,463
8,630,000
+ 12.3
105,505,989
105,118,504
+
1.2
+
2,241,375
3,536,036
3,181,883
2,654,540
229,491,225
209,811,300
9.4
196,079,292
243,957,369
Columbia—Washington...
84,495,331
73,148,926
+ 15.5
59,790,391
57,134,547
464,738,650
416,377,281
+11.6
375,137,930
418,985,423
17,415,809
+ 13.2
13,516,884
65,484,205
+ 13.2
55,244,307
204,300,000
1
Georgia—Atlanta
19,707,406
...—
:
Augusta.
—...
4,633,509
...
Macon..
4.7
230,600,000
4,015,031
241,500,000
+ 15.4
+ 29.7
2,546,418
+
3,126,152
3,676,196
2,834,705
85,733,521
81,591,590
+
5.1
79,880,948
104,455,962
93,735,340
+ 11.4
82,897,391
7,052,887
6,407,206
+ 10.1
Mississippi—Vicksburg.——424,927
f. Louisiana—New Orleans
127,754,236
394,047
Florida—Jacksonville—
;
Alabama—Birmingham.
Mobile.—.
v
;
15.7%, the aggregate of
Total (10 Cities) ...U—;
We group the
127,867,002
669,065,663
630,344,935
16,515,249
50,603,625
177,800,000
2,655,885
2,019,121
62,021,467
69,009,145
5,280,661
4,770,601
7.8
+
114,759,198
102,620,283-
6.1
—
313,359
0.1
+
561,865,318
488,218,819
203,443
gain of 15.0%,
the bank clearings at this center having recorded a gain of 16.4%.
District—Atlanta—
Nashville..—^74,126,969
the week
a
Federal Reserve
Tennessee—Knoxville
clearings for the whole country having amounted to $15,905,113,251 against $13,745,-
"956,813 in the
week in 1947.
same
cities according to
Outside of this city there was
the Federal Reserve pistricts in which they
are
this it appears that in New York District (including this city)
.
located and from
Seventh Federal Reserve District—Chicago-
'
Michigan—Ann Arbor
Grand Rapids.
Lansing
the totals record an
1,618,137
the Richmond Reserve District of 11.6%
In the
Chicago Reserve District the totals
Beserve District by 19.8%
are
larger by 22.1%, in
show ah expansion
totals
of 24.0%,
SiouxCity—
—
Illinois—Bloomington
in the
......
Decatur..
the
following
furnish
we
a
summary
SUMMART
•
Week Ended June 19
—.
cities
«<
—12
Cleveland
—.
San
—
City
976,951,679
II
New
630
557,154,695
—10
Yi
"■
2,349,923
8,026,615
7,389,983
' 4,509,174
2,423,971
+ 27.6
9.7
:
665,724
2,271,839
2,655,175
1,130,901,205
780,935,238
75,472,801
1,957,491
+ 17.5
1,836,159
+ 29.8
245,300,000
102,105,999
224,000,000
95,748,807
+ 13.7
68,052,652
6.2
1,393,696
50,100,260
1,068,529
416,852,347
274,300,000
113,335,696
85,820,043
370,917,587
—
Ninth
add
15,905,113,251
6,773,602,732
"■:
+
detailed statement showing the figures for each
192,688,084
71,144,777
4,333,748
71,410,585
3,923,649
•
•.
1947
Inc.
8,242,203
6,126,900
+ 34.5
4,067,093
3,847,730
3,309,677
2,503,980
+ 53.7.
1,849,618
9,045,955
9,102,271
0.6
6,714,808
438,458,752
362,544,830
+20.9
302,784,307
281,865,196
281,965
223,372
298,761
5,891,591
80,886,070
•
$
V"
:
Federal
Reserve District—Kansas
1945
+
„—,—5,188,739
3,869,264
+ 34.1
4,906,892
2,883,310
476,140,158
461,621,096
3.1
442,058,247
553,493,333
2,161,318
1,617,124
+ 33.7
1,558,853
7,697,287
+ 20.9
741,360
350,960
4,432,976
116,264,147
+ 18.1
92,264,526
+ 51.8
6,950,476
+ 63.8
384,632,331
11,170,616
1,984,413
5,071,213
10,602,807
308,028,491
10,317,914
1,545,096
+ 24.9
11,001,568
269,312,217
8.3
6,217,540
+ 28.4
1,407,864
2,125,499
1,470,811
+ 44.5
1,385,676
460,224,178
+24.0
6,127,000
5,318,008
5,785,066
228,338,000
29,543,602
5,546,000
3,567,526
+32.5
+22.6
+ 9.6
+10.5
+49.1
10,793,601
8,045,541
+34.2
342,120,620
280,825,735
+21.8
+ 42.0
17,368,382
'
—-
32.8
+ 16.9
9,100,644:
7,354,488
1,246,517
709,360
+
137,251,876
...
Wichita
1,936,069
+ 92.8
497,410
6,064,853
697,007
Omaha
$
361,436
660,688
Lincoln
Kansas—Topeka—
Maine—Bangor.—2,104,398
5,356,714'
City-
7,089,867
Hastings
1946
Dec. %
2,064,687}
1,346,370
2,780,574
+ 22.9
—
--Pi '"
Nebraska—Fremont
or
+
city for the
First Federal Reserve District—Boston—
8.7
1,503,394
996,170
Missouri—Kansas City
-
Massachusetts—Boston
Lowell—
5,075,10?
210,366,505
3.9
:
Total (7 cities)
Tenth
1948
Fall River——
5,594,277
+ 26.4
Helena
Week Ended June 19
Portland———
+ 27.9
82.659,883
«.
j South Dakota—Aberdeen
Montana—Billings.—.—.....—....
13,745,956,813
at—
6,324,623
252,517,496
85,913,926
North Dakota—Fargo
810,165,038
7,786,445,324
our
8,086.298
319,255,547
.
i
St. Paul
;
342,120,620
'.\A
Federal Reserve District—Minneapolis—
Minneapolis.
il
—10
York City
now
557,154,695
Minnesota—Duluth™.
570,677,966
U
6
i
438,458,752
it
■week ended June 19 for four years:
———_
;—
857,485
.
Bedford—1,.—
—
^
Springfield—————
•
Worcester.
;
-
+
1,783,921
2,111,040
8,543,953
—
i
+ 18.3
6,861,628
V
+ 24.5
;
1,973,893
;
I l
-
New Haven—
730,231
4,597,736
+ 33.2
4,501,132
+ 18.8
23,696,874
8,735,295
+ 33.8
8,251,229
7,500,960
28,372,700
+ 16.7
20,019,000
1,241,013
+ 51.0
1,030,737
Dallas
;
903,614
279,823,000
32,393,191
—
Fort Worth
21,805,300
1,874,275
7,665,820
Texas—Austin—_
_
Galveston
:
..
Wichita Falls
Louisiana—Shreveport
Total (12 Cities)—.
.
—
;
1,331,632
-
788,422
393,605,768
370,271,693
5,825,421
192,656,000
22,166,011
4,615,000
2,583,136
7>135,711
4,687,260
155,828,000
17,680,850
3,961,000
2,163,378
5,190,033
234,981,279
r
,189,510,526
Eleventh Federal Reserve District—Dallas-
20,805,701
■:
33,120,900
New Hampshire—Manchester—
570,677,966
,
+
3,210,694
22,910,208
11,688,609
.
,
Total (10 Cities).—.,
5,485,831
6,125,190
Cthode Island—Providence
St. Joseph
Colorado—Colorado Springs
Pueblo
258,209,091
6,187,628
1,424,955
6,810.623
27,206,782
Connecticut—Hartford
'
1,902,976
+ 23.1
Total (4 cities)
i;
New
2.1
—
:
"
4t
112 Cities
Clearings
606,727,272
+
147,098,493
416,
669,065,663
7
Total
We
745,227
610,637,474
5,555,044
.
8,174,903
+ 40.0
1,130,901,205
4
—
Francisco
Outside
20,947,825
8,652,887
«•
—17
Dallas—
12th
3,553,387
17,888,798
.
+ 21.8
3,741,448
322,400,000
«
—10
Minneapolis
Hth
(11 cities)
2,810,664
7.7
6,093,972
—
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy—
968,582,943
464,738,650
Atlanta.
Kansas
1,157,055
716,372,167
3,233,415
9.994,512
"
—
48,574,694
<•
6th St. Louis
10th
+ 41.3
Missouri—St. Louis.—
8,399,183,193
«♦
7
...
?th Chicago
6th
+
13,364,495
'
<
486,616
577,122,847
!..;-
;
«
6th Richmond
Cth
26,618,769
12,755,107
:
—
+ 13.6
$
—.12
York—
Ad Philadelphia.
■4th
Total
12,529,093
52.100,539
+ 19.8
+ 27.7
3,863,980
872,891.730
3,164,024
>
Springfield—...
CLEARINGS
12,232,585
14,190,706
52,203,520
Eighth Federal Reserve District—St. Lonls—
1st Boston,:
New
BANK
4,155,929
1948
Federal Reserve Districts
2d
OF
3,366,903
43,265,009
4,087,383
...—..i—4,605,238
Rockford—
by Federal Reserv
4,063,019
39,719,000
+ 13.4
16,995.849
1,620,147
;
.
—
Peoria
In
—
Chicago
Dallas Reserve District of 21.8% and in the San Francisco Reserve District of 14.0%.
+ 62.6
18,886,895
...
3,750,695
+27.0
4,390,100
28,663,453
Des Moines
6,244,259
4,413,034
6,434,771
66,678,886
;
7,719,296
:
9.5
4,194,058
:
7,296.808
i—;
Wisconsin—Milwaukee
In
1,018,043
1,103.006
-
+ 25.1
—
47,895,000
6,821,065
60,824,000
-
Iowa—Cedar Rapids
the St. Louis
and in the Minneapolis Reserve District by 20.9%.
the Kansas City Reserve District the
Terre Haute—
and the Atlanta Reserve District of 6.1%.
6,923,029
+ 12.8
'
Indianapolis
South Bend—.......i..—,
The Cleveland Reserve District enjoys a gain of 18.1%,
9,053,816
6,266,956
.
Beserve District of 7.6%.
1,434,658
11,328,838
——
Indiana—Fort Wayne
improvement of 16.3%, the Boston Reserve District of 6.0% and the Philadelphia
'
3,426,874
+ 13.4
1
131,492,208
i
present further below
we
able to give final and complete results for the week
ended June
+33.0
Total (6 cities)..
+ 11.0
not available at time of going to press.
In the elaborate detailed statement, however,
are
+39.6
827,271,239
12,567,000
Maryland—Baltimore
Accordingly, in the above, the last day of the week in all cases has to be estimated.
we
7,519,044*
166,852,331
302,600,634
117,047,340
3,493,436
District of
We cannot furnish them today, inasmuch as the week
are
5,723,235
161,597,935
276,961,124
21,797,300
275,929,313
3,156,850
Virginia—Norfolk
6.8
+
$14,676,128,351 $13,216,175,656
Saturday and the Saturday figures
863,073,059
Federal Reserve District—Richmond—
Sixth
■ends
918,976,489
337,490,240
West Virginia—Huntington
+ 11.3
v
issue of next week.
7.6
7,888,636
Total (7 cities)
+ 17.6
$13,912,373,214 $12,501,116,769
Total all cities for week
our
4,456,831
+
5,563,079
Pennsylvania—Pittsburgh
Complete and exact details for the week covered by the foregoing will appear
in
0,813,342
+17.8
South Carolina—Charleston..
X
2,555,078
10,980,827
5.7
6,935.960
188,585,501
206,780,240
373,988,261
38,099,800
:
Mansfield.
Youngstown—
9.9
2,191,050,065
2,576,575,585
Total all cities, five days
i
+ 25.6
+ 12.9
—
317,395,359
27,286,900
4,181,626
—
T..
Columbus—
0.6
.+
J
880,000,000
7.4
+ 52.0
cities, five days
r i
2,860,982
7.9
»
+ 12.5
Cleveland,.
i
8.8
+
—
12.960,922
Cincinnati
+ 15.2
318,753,544
_
.
—
3,066,177
3,425,488
———„
Cleveland.
+ 17.3
275,900,000
——
816,000,000
494,038,273
San Francisco
i
991,868
835,847
834,837
2,097,572
835,000,000
857,000,000
3,071,637
Ohio—Canton
+ 18.5
310,447,000
Pittsburgh
J ,«,
545,647,550
303,216,635
■
i
036,509
Fourth Federal Reserve District—Cleveland-
496,767,393
——.
1,077,781
+14.1
3,170,597
4,313,849
New Jersey—Trenton..
7-5
967,000,000
—
1,050,536
+ 18.7
2,797,871
Total (11 cities)
+
588,511,464
——
.
St. Louis,'—
—29.9
822,194
1,178,919
/
i,
Kansas City
<
'■ •'
t
•
1,288,799
925,000,000
•\
Delaware—Wilmington.
t
M-j: ■Vv' 1947
$6,938,371,111
$7,459,270,427
——.——
—
York
V,
959,451
Wilkes-Barre..
1948
—--,——
Philadelphia™
;
.
i
<
t
Chicago,-.———————-
•
s
.
Week Ended June 26
:
'
1
902,934
Philadelphia.
Reading...
Scranton—...
ings will be 11.0% above those of the
$
1,344,920
Bethlehem.
obtain weekly clear¬
1946
Si;,
District—Philadelphia—
Chester......
Lancaster.
indicate that for the week ended Saturday, June 26, clearings
cities of the country,
ior all cities of the United States from which it is possible to
Federal Reserve
Pennsyiva nla—Altoona.
the chief
^Preliminary figures compiled by us, based upon telegraphic advices from
Inc. or
577,122,847
544,255,414
+
6.0
517,052,234
620,486,616
Total (6 Cities)
;
-
Second Federal Reserve District—New York-
New York—Albany.—
17,413,985
Buffalo
...
Elmira__—
Jamestown.—
—
,
13,346,719
3,216,478
2,515,259
91,582,267
—,
Blnghamton—!
93,878,966
2,019,068
—
+ 30.5
23,693,407
+ 27.9
2,216,071
1,731,057
2.4
72,843,306
82,608,003
—
106,061,328
Twelfth Federal Reserve District—San
Yakima
1,473,195
+ 37.1
.
1,358.297
■
1.291,291
2,179,542
1,616,381
+ 34.8
1,288,217
New York
8,118,667,927
6,972,354,081
+ 16.4
8,382,940,362
9,374,147,523
Rochester
21,671,376
17,585,904
+ 23.2
14,966,188
15,803,954
_
Syracuse
+ 56.4
9,739,685
+ 25.9
11,700,836
48,261,393
—.
Northern New Jersey.—
39,402,939
59,333,530
.7,221,924,840,
786,367
34,778,530
36,678,957
7.2
51,245,383
+16.3
8,607,556,649
+
—
Santa Barbara
.
-
—_—
15,905,113,251
—«-
;
13,745,956,813
7,786,445,324
6,773,602,732
...—
———
.
Total (10 cites)
99,913,157
3,331,884
126,538,883
7.6
+ 36.4
93,454,496
6.7,771,32?
27.5
39,931,346
35,810,45?
+
+
.
0,691,066^137
,
Outside New York
—
■..
-
^
10,069,459
+ 21.0
3,367,219
8,275,813
+ 12.0
7,711,366
5,589,50?
0.2
422,383,345
360,650,009
10,509,778
6,980,079
3,857,050
2,600,148
+
+
7.6
+ 11.6
.
5.4
6 919,980
5,684,039
+14.0
698,081,861
623,267,463
15.7
14,577,881,664
15,572,797,833
+ 15.0
6,194,941,302
+
50,492,479
Grand Total (112 cities)
i
710,401,924
—_——
—
Stockton——
844,010
+ 22.5
55,346,334
8,399,183,193
.
San Jose..
8,125,530
412,520,675
10,651,965
4,420,292
—
San Francisco
*
+ 66.2
810,165,038
California—Long Beach
11,022,109
658,312.
167,709,140
€2,393,679
11,140,843
„
Utah—Salt Lake City
8,815,424
11,139,421
1,094,304
Newark.
Totol (12 cities),
12,607,329
14,025,566
9,497,790
3,212,874
Pasadena
19,717,757
Connecticut—Stamford.—.—.
New Jersey—Montclair
89,059,255
2,987,113
118,561,164
48,940,484
9,209,913
7,256,721
411,511,896
9,900,333
3,961,106
9,013,939
126,492,250
—
Oregon—Portland
1,570,002
...
Francisco—■
Washington—Seattle—
+
6,198,650,319^
Volume
167
Number 4711
Condition Statement of Member Banks
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Company and Issue—
Stock
scrip
Norman
Wisconsin
1st
preferred
Terminal
Co.,
Co.,
shares
of
cu¬
stock
Oil
1st
due
$3.75 pfd.
3%
3%s,
debentures,
Corp.-—
1
2583
July
1
2300
Western New
1967——Aug
1
2694
Common
1962—July 15
2694
stock
due
...
due
12%
July
Date
*
§2410
John
Oil
Corp.,
ISSUE
Power &
1st
mortgage 5s,
Paper Co.,
pfd.
:—
—
Pennsylvania Ry.—
preferred
Electric
(s-a)
,
Instrument
Corp.
(quar.)
Wheeling & Lake Erie Ry.—
4%
prior lien (quar.)—.
CALLED
conv.
Wichita
stock
Union Stockyards, 4% pfd. (s-a)
Co., common (resumed)
preferred A (quar.)
Wlllapa Harbor Lumber Mills (quar.)
Woolson Spice Co., common
6%
preferred (quar.)
Wico
Electric
H2142
.
2028
2467
Yale
&
Towne
July
Manufacturing—
Yates-American
*
Zonolite
5 Vis, series A
Monmouth Consolidated Water Co.—
—
6%
Ltd.—
mortgage
1st
4'A%
&
—
(s-a)
5%
Page
July 31
Appalachian Power Co., 6% debentures, ser. A, due 2024_July 1
Butte 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
July 1
Kingsburg Cotton Oil Co., preferred stock———Aug
1
ENTIRE
Company and Issue—
Anderson-Prichard
(Toronto)
(s-a)
York
When
Holders
Payable of Rec.
Share
Co.
preference
Weston
....
1971
2474
>
Company
Western Assurance
July
Co.,
mortgage
Sen-ice
3'As,
fractional
1
Lake St.
Per
Name of
for
15-year
Public
mortgage
Page
Kansas—
Water Associated
Union
Van
of
certificates
mulative
Tide
Date
'
Standard Oil Co.
Machine
(quar.)
Company
,_u_
i—
2258
1
.
Natnan
New
.
York
Gas &
Purchase
Ohio
series A,
due
1956—
Strauss-Duparquet, Inc., 6%
Power
Electric
money.
4%
conv.
-July 15
2470
bonds,
due
1949
Anytime
♦Announcement
in
this issue.
tVol.
165.
11 Vol.
164.
§Vol.
dends announced this week,
$2004
Co.,
Electric
give the dividends announced in previous
The list does not include divi¬
we
weeks and not yet paid.
Light, Heat & Power Co.—
6% debenture bonds, due 2024
Jun
1,'49
Ry.,. 1st mtge. 2'A% serial bonds
—Aug 12
Penn Dairies, Inc., 1st mtge. 6%
bonds, due 1949—July
1
Public Service Electric & Gas
Co., $5 preferred stock—Jun 30
Ottawa
Below
2689
stock—July 10
——
pfd.
these being given in the
preceding table.
1591
2690
Per
iName
2690
2472
A.
P.
W.
12'Ac
7-19
6-28
50c
-
7-1
6-0
7-1
Laboratories '(quar.)
Extra
Abercrombie & Pitch
Aberdeen
Co.,
Petroleum
pfd.
$b
(s-a)
Participating
Abitibi
Power
Per
Share
$1.25
$1.06'A
25C
$1.50
,
When
7- 8
7-
1
8-1
.
A
partic,
Adams
7-9
Express
Adams
6-19
(J. D.)
9-
1
8-12
preference
1
8-12
Aeronautical
12'Ac
8-
2
7-20
27'Ac
4
8-
2
7-20
Aetna
6-30
6-18
Aetna
75c
:
>
$1.25
—
Ltd.—
Aetna Standard
5%
7-10
6-30
6-15
6-30
6-18
(quar.)
6-21
37'Ac
7-
1
6-15
62'Ac
7-
1
6-11
-40c;
7-1
•—40c
v 7-
6-15
1
6-11
$1.25
6-30
6-26
6c
7-20
7-
75c
7-
1
6-15
83Ac
(quar.)
Fund
Agricultural
6-13
7-
1
6-20
Engineering Co.
preferred
Affiliated
6-30
•"
6-14
5c
(quar.)
Insurance Co.
6-29
15c
(s-a)
Corp., 6%
preferred
(quar.)
Casualty & Surety Co. (quar.)—.
Co.
6-10
•
50c
—
Insurance
2
20c
(quar.)
Securities
7-15
v
7-
25c
—_—
Co.
6-1
■
7-24
$25c
Co
Mfg.
■'*
6-1
1
'
Aerovox
Aetna Life
6-25
.
7-
(quar.)
Admiral Corp.
9-
,,7-1
*
7-1
Addressograph-Multigraph Corp. (quar.)
U9c
$31'Ac
6-25
$37'Ac
—
Class
6-25
6-21
1
$62'Ac
&
Straus, Inc
Acadia-Atlantic Sugar Refineries,
Holdert
Payable of Rec.
1
7-
''
prior
Abraham
7-
l'Ac
&
Paper Co., Ltd.—
preferred
(quar.)
preferred
(quar.)—
$2.50
6-9
$3
1V2C '
(quar.)
J
(Continued from page 12)
When
Holder•
Payable of Rec.
Share
Co
30c
Abbott
166.
of Company
Products
;
* Insurance
Co:
6
(Watertown,—
"
N.
Y.)
(quar.)
Ahlberg Bearing Co.,. class A (quar.)
Mfg. Corp. (quar.)
Akron Canton & Youngstown RR..
Ainsworth
-
6%
preferred
Alabama
Fuel
Alabama
(s-a)
Power
&
Iron
(quar.)
4.20% pfd.
Co.,
20c
7-
1
$1.05
7-
1
Super Markets, 6% preferred
Alden's, Inc., common (quar.)
4'A% " preferred
(quar.)_„
50C
>
$1.05
Laboratories,
Allied
Paper
15c
Allied
22'Ac
.Allied
25C
6-
$3
7-
1
6-21
2'Ac
7-
1
6-19
12'Ac
6-30
6-17
62'Ac
7-
1
6-15
25c
7-
1
50c,
7-
1
6-15
40c
7-
1
6-14
7-20
6-21
,40c
6-30
6-
7-
1
6-10
9-JO
8-14
(quar.)_
(quar.)
...
Co.
of
(quar.)
933Ac
25c
Canada, Ltd.—
1
6-14
7*
'
,
$25c
_
9-1
8-4*
20c
7-
1
6-16*
50c
Extra
$0.2312
7-
1
6-16*
Amalgamated Leather Cos.—
81'Ac
6% convertible preferred (quar.)
Amalgamated Sugar Co. (quar.),—„.
American Agricultural Chemical
25c
$0.2656
17'Ac
American
25c
Alliance
Insurance
Quarterly
$1.75
Bakeries
Bank
6%
Class
Co.
(N.
do.
Book
Car
7%
Cast
preferred
'
'
Iron
Pipe,
Co.
prior preferred
American
Cyanamid
$2.50
3'A%
53'/a C
American
Dairies,
American
Dredging
American
Electric
23Ac
1
$1'
30c
preferred
6%
6-24
8- 2/j#v
7-20
6-3(P
50c
6-17
6-17
$1
6-30
7- 1
6-17*
$1.75
7- 7
6-28*
pfd.
(s-a)—
Co,
(s-a)
Express
American
European
75C
American
(quar.)—
6-30
6-15
6-17
6-17
American
Fruit
Gas
4% %
$6
2nd
$1
6-28
6-18
10c
(accum.)
(quar.)
6-30
6-25
$1.50
Co
:
Inc.
7-
40c
7- 1
12'Ac
(quar.).——
1
6-30
.
$1.50
7-
25c
(quar.)
&
Felt
preferred
American Hard
6-22
?
6-11
6-22
,
:
6-15
1
6-23
7- 9
6-25
Electric
preferred
American Hair
6-4
1
Corp.—
Securities
Growers,
&
6-4
7-1
*$1.75
Co., 6% preferred (quar.)..
American Forging & Socket Co. (extra)
American
7-1
7-
87'Ac
(quar.)—
Felt
Co.
6-20
6-23
7- 1
7-1
—
preferred
75c
1
1
$1.50
pfd.
Securities
77-
30c (
$1.12'A y
25c
(quar.)—
(quar.)
7%
participating
$3
20c
-
Inc.,
American
43 %c
6-24
$1.75
(quar.)}..
Co.,common
(quar.)
A
6c
25c
7*
6-24
-
& Cigar Co.
4'A%
37'Ac
7-
$2.25
v
i...
Sy preferred
(quar.)
\Aprerican Crystal Sugar Co., com.
15C
1
(quar.)__
American Casualty
10c
7-
7*
6-
1
25c
6-
1
7-
\—
Amerioan Cigarette
20C
7-
Foundry^—
non^cum.
America/
1
25c
1—-
(quar.)
cdmmon
4% convertible preferred (quar.)
American Carf Co., 7% preferred
&
6-22
7-
J
-
Brake/Shoe,
American
6-21
7- 1
j
preferred/(s-a)
4'A%
American
7-15
75c
-
6-15
40c
•
—
;
common
American
6-16
6-14
40c
-—
common—
J-
B
25c
1
1
Y.)—
(quafT)
,
BembergV
7-
7-
6-28
75c
(quarr)^^
Note,
preferred
American
Co.
75c
12'Ac
:
Americau
American
lc
6-10
6-10
(s-a)
4%
preferred ,(quar.)
Aluminum Goods Mfg
28c
1
7-1
6-30
Stores
Aluminum
$1.75
'
Corp.
6-21
40c
(quar.)
(quar.)
Corp. (quar.).__
Allis-Chalmers Mfg.,
comtnon
$3.75
preferred
(quar.)
Alpha Portland Cement
37'Ac
•
Products
6-11
1
7-
37'Ac
Inc.
Mills
7-
$1.06'A
—
Ry., guaranteed
Equipment (quar.)
Allied
$1.50
v
common.
Western
&
6-11
*
.
(quar.)
Alliance Realty Co. series A pfd
Allianceware, Inc., t$2.50 conv. pfd.
50c
87'Ac
Steel
75c
Allegheny-Ludlum Steel Corp.,
Electric
0-13
—
(Alan)
Albert
Allegheny &
6-25
10- 1
(quar.)..—
Wood
see
7- 7
$2.50
.
Alan Wood Steel Co.
Allen
25c
i——
$1.183A
Co.,
(Increased)
6-4
50c
6-21
7- 1
6-21
25c
common
7- 1
$1.50
com.
(quar.)
Rubber,
7-1
6-30
6-21
6-30
6-21
"
7%
preferred
(quar.)—
American
Hardware
58'Ac
American
Home
58'Ac
American
Insulator
53c
5%
50C
,
15c
(quar.)
preferred
(quar.)
$1.10
American
75c
Locomotive
Co.,
(quar.)
preferred
v
American Machine
3.90%
&
preferred
Manufacturing
American
Metal
$6
preferred
7-
6-15
1
2
(quar.).
—
7-15
27'Ac
common
7-15
6-30
7-
1
6-10*
7-
1
6-10*
35c
$1.75
6-30
97'Ac
Metals
Products
Molasses
6-14
6-30
6-10
7-
6-18*
50c
(quar.)
Co
7-15
6-30
25c
(resumed)—-
Co
25c
6-30
6-15
10c
American
&
American National
6-29
6-15
Foundry
American Machine
American
6-
15c
(quar.)
10C
50c
25c
6-14*
6-30
1
Works—
Common
50C
7-
7- 1
31'Ac
Machine
;
20c
common
preferred (quar.)
American Iron &
50c
v
10c
20c
r
International
Corp
American Investment Co. of Illinois—
50c
25C
Corp.,
$1.75
25c
(monthly)
American
53c
20c
:
(quar.)
Products
7-
2
6-22
12-15
12- 1
1
Finance—
(s-a)
-
$3
American
25c
7-15
7- 2
American
50c
7- 1
6-15
News Co.
(bi-monthly)
Optical Co. (quar.)
American Paper Goods
7%
preferred (quar.)
7% preferred (quar.)
American
Class
Piano,
class
A
$1.75
B
9- $
12-15
12- 8
6-25
6-10
50c
American Power
$6 preferred
American
9-15
$1.75
50c
:
&
(accum.).
(accum.)
Reserve
American Screw
Light $5 pfd.
Insurance
Co.
(s-a)
—
6-25
6-10
$1.25
$1.50
7- 1
7- 1
6-8
50c
6-30
6-1$
25c
7-
6-11
1
6-8
Co.
Snuff
American
50c
$1.50
preferred (quar.)
—
Spring of Holly, Inc. (quar.)——
Stamping Co
American States Insurance (Indianapolis)—
6%
6-18
.V-30c 7v7- 1
6-15
Co. (quar.) —
American Sugar Refining Co.—
7%
preferred (quar.)———-—
American Surety Co. (s-a)
American Telephone & Telegraph (quar.) —
American Thermos Bottle Co.
4Vt% preferred (quar.)
—
American Thread Co., 5%
preferred (s-a).
American Tobacco Co. 6% pfd. (quar.)—American
Verre-Mural, vtc (liquidating) —
American Woolen Co., 7% preferred (quar.)
American Wringer Co. (quar.)
class
Extra
6-15
7- 1
6-21
preferred (quar.)
Benjamin Franklin Hotel
Benrus
Benson & Hedges,
25C
6-30
$1.75
7-
7-
1
6-15
Best
7-
1
6-16
Bibb
10c
7-
1
6-16
1
6-16
Bickford's,
7-
1
6-16
Biltmore
7-
1
1
7-15
2
7-
7-
3
6-25
$2.25
7-
Oil,
Anderson-Prichard
A
.
$1.50
$1.50
•7
Mills,
6-17
7-10
6-28
$10C
7-23
6-25
.—-
25c
preferred
preferred
6%
convertible
$G
(111.),
Co.
&
preferred
20c
6-30
6-15
7-15
6-15
7-
6-17
Brach
Brantford
Extra
(quar.)
Corp.
Asbestos
Extra
Class
Ltd.,
Cordage,
$1.30 preferred
Braziilian Traction,
7-15
7
-
6-16
7- I
6-10
6-30
30c
6-14
Motion
6%
preferred
6-14
Bridgeport
7-
6-22
8
8
7- 1
6-10
20c
7- 1
6-15
8-
7-15
33A%
preferred
7-15
British
Columbia
Electric
Associates
Investment
Topeka
Atchison,
5%
Co.
$1.33
Fe
6-30
6-10
British
$1.14
6-30
6-10
.5%
4%
Co.—
_
Ry.
6-16
6-30
500
7
33A%
Co.,
Electric
Atlantic
City
Sewerage
Atlantic
Co.
6-16
i——
.
City
6-23
(quar.)
Atlantic
Refining
6-14
Greyhound Corp. 4% pfd. (quar.)
Realty Co., $6 preferred (s-a)
Atlantic
4%
preferred
Engine
Thrift
Plan,' 7%
Auto
Fabric
Products
A
■
Class
Steel
Automatic
Products—
Mills
Axe-Houghton
Extra
6%
6%
7%
Locomotive
Works,
(s-a)
preferred
6-21
.■Extra
6-30
6-19
Class B
7-
9
6-25
25c
7-
9
6-25
40c
6-30
1
6-10
$1
7-1
6-11
$1.50
7-
7-15
6-30
30C
(quar,).—
10-15
9-30
1-15-49
12-31
$1.50
$1.50
1
8-10
7- 1
6-8
b%
,
7%
convertible preferred
convertible
7%
Bancohio
Corp.
8%o
___
non-cum.
(quar.)
8%C
10-
6-19
50
...
9-14
12-14
7- 1
7- 1
6-19
7-
6-8
Byers
7-
Byrndum Corp.—
Bangor & Aroostook RR. Co.—
6%
preferred (quar,).
Bangor Hydro-Electric, common (quar.)
4%
preferred (quar.)
*1% preferred (quar.)
of
America
Association
Bank
of
the
Bank
of
New
Bank
of
Bank
of
Bankers
G%
National
Trust
&
$1.25
40c
$
Virginia
Yorktown
(N. Y.)
Corp.—
Co.
preferred
Bastian-Blessing
6-19
0-18
7-15
1st pfd.
7-
15c
(increased).
6-30
1
6-30
1
6-16
6-11
8-
2
7-29
8-
2
7-16
Co.
common
com.
Z—ZZZI
_ZZ_Z
Z—Z-Z
ZZZ.
common
preferred
7-15
6-30
In
California
5%
preferred
Water
(quar.)—.
(quar.),
1
'7-
1
6-16
7-
25c
ZZ—
1
6-16
34c
in
$2.50
(A.
Co.,
S.)
Bread
1st
class
Canada
$4.25
Canada
6-17
6-22
6-15
Co.
Dry
lieu
Brewing .Corp..—
6-11
Central Illinois Electric & Gas,
6-30
6-30
6- 4
50C
7-15
5c
IOC
$1
$1.50
4%
Central
Bank
Trust
&
7-15
6-23
7-15
6-28
7-15
6-28
Central
7-15
6-28 ;
Central
7-
1
6-18
Central
J35c
7-
2
6-10
Public
preferred
Kansas
Central
75c
7-1
6-19
6-14
6-14
$1.75
50c
7-
9
25c
7-
9
6-19
40c
V
6-30
;; 6-19,
1
1
6-19
y
$1
7-
1
6-17
*
(quar.)
32 ViC
7-
1
6-18
$1.02 y2
7-
1
6-18
1
6-18
-v
■
com.
6-19
,
$1.02 V»
7-
$1.12 Vi
7-1
$1
6-30
——
6-1X i
Power,
■
7-15
6-30 ;
6-30
6-10
7-
1
6-10
$1.50
7-
1
6-10 %
:
asi
pfd.
7-15
7-
9
6-25
15c
,
6-30
6-19
6-19
v.
1;
7-
pfd. A
6-19
6%
preferred
1
6-15
6%
preferred
7-. 1
6-15
C (accum.)
Central Telephone Co., $2.50
7-
1
6-15
1
6-18
7-
1
6-18
7-
1
6-18
6-24
6-21
$1.12Vi
6-30
6-28
12V2c
7- 1
6-15
6-30
6-30
6-30
6-15
37y2C
6-30
6-15
62 Vie
6-30
50c
7-2
.
(accum.)
6-15
Central Violeta Sugar—
7-
80c
43 %C
37»/2C
—
7%
7<#
281/bC
7-1
7- 1
(less
4'/2%
Cuban
tax
i.—ii.
pfd.
of
(quar.)—
2.9c)-
,
■
•
$1.12Mi
prior preference (quar.)
Hosiery Mills, com. (quar.)
10c
5c
Extra-',..———————————-——-7
4Vfe%
convertible
$4.50
preferred
preferred
Chain Store Investment Corp.
Champion Paper & Fibre—
6-15 C
Chapman
Valve
5% preferred
Chemical Fund,
7-
7-30
7- 6
7-
7-30
$3.50
6
Chase
1
7-
1
6-15
V 62 ViC
8-14
; 7-31
8-14
7-31
62'/2C
8-14
7-31
Chicago
6-10*
62c
5%
Bank
&
pfd. A
Co.
(N.
—
(quar.)_
Chicago Rock Island &
7-10
Common
6-10
5%
preferred
(quar.)
34%C
7-
1
6-15
5%
Y.)
(quar.)
7-
1
6-21
5%
'
;
6-^5;
/
6-30
>
6-21
v
7-15
6-30
75c
'7- X
6-, 7
8-1
7- 7
7-1
6-21 '
87 Vic
25c
45C
77-
7
>
6-15
1
1
6-
7
$$1.12 y2
6-
6-21
7
Childs
$62y2c
$62Vic
7-
2
6-
7
Chipman Knitting Mills, 5%
15c
7-
1
6-15*
7r 1
.6-15*
Cotton
Oil
Co.
preferred
Gas
6-15 '
6-30;,
7-
1
6-16
7- 1
6-16
Electric,
6-15 '
7-15
6-30.
$1.25
9-30
12-31
,
7' ■}
'
7 6-18
,6-10
j-
9-10
.
?
12-10
6- 9 $
25c
7-15
(quar.)__——_
$1.37Vi
6-30
preferred (s-a)
$2.50
7-
1
6-15
$1.75
7-
1
6-19?
(quar.)—
&
6-15 '«
6-30
$2.50
(quar.)
$5.50 preferred
"
6-287
'.
—
2
Cincinnati
4
75c
(initial s-a)
2
7%
7- 1
>
6-21
$1.25
series A
7-
,
6-21
7- 1
75c
7-
$I.06Y4
$1.06Y4
7- 1
Pacific RR.—
7-
common
1
50c
(initial)
tioc
Co.,
6-10 !
$3
preferred (quar.)
Chickasha
6-15
7-
30c
preferred (quar.)
■*
6-18
6-30
RR
Chicago Pneumatic Tool, common
$3 convertible preferred (quar.)
1
"
,
6-18 i
2 Vic
Extra
7-24
;?
6-18
-
lie
Qulncy
7-
20c
1
15c
Burlington
50c
$1.80
1
7-
31V4C
——
conv.
Trust
&
7-
50C
Chicago Mill & Lumber (quar.)
•
1
8-18 i
50C
Inc.___—
Candy Co.,
Chemical
6
7-
'
6-21
'
1
10c
Cherry Rivet Co. (quar.)
Chesapeake & Ohio Ry., common (quar.)
3y2%
convertible preferred (quar.)
7-6
7-30
$1.50
(quar.)
'
7-
7-1
$1.12 V&
(quar.)
Mfg.
(quar.)
Transit Co.
(quar.)7^w-7^.-,-.i.«r
Chefford Master Mfg. Co., Inc.—
of
,
56%C
(quar.)
(lrreg.)
7 Charleston
,
,
; 6-14;
Products
Chadbourne
6-15
25C
Interim
Certain-Teed
(accum.)
B
i
8-10
9-
50c
-7——....w—
Electric,
1
85c
40c
(quar.)
(quar.)
Light & Power
Ohio Steel Products
v
$1.19
87 Vic
3.40%
Ohio
6-18
,
30c
pfd. (quar.)..
31 Vic
$1.50
20c
31 Vic
31Vic
50c
:
'
2
6-14
$1.18%
(quar.)
Co.
^
(quar.)
7-1
$1.50
28 Vic
——
6-19
6-
60c
Service
Pow^r, 4%%
New York
Extra
,
^
6-12
Maine
Central States
6-12
1
Power, common
preferred (quar.)
6% preferred (quar.)
6-10
..
6-15M"r
:
$$1.75
3.50%
6-16«
7- 2
1
7-
25C
(quar.)
Central Paper Co. (quar.)—
—
115C
6-15
7-1
; :-7- 'I-:
7-
Illinois
6-15
,
7-
Central
4-17
.
6-15
1.
7-
Central
6-11
6-15
6-25
7-
$2
6-21
1
1
6-30
7-
60c
(quar.)—77^
Hanover
6-30
;■s
6-30
40c
>
V
37'/2C
6-11
$2.50
(Toronto)
6
7-6
$1
*1.^—i—■
7-1
62yzc
Co,
7-
12'/2%
10c
7..-.--——
preferred
90c
B
Assurance
-7-20
'
15c
Ltd., common
preferred (quar.)
Ale,
2
quar.).—
7- X
(quar.)
,'(quar.)
;9-1
8-
12%%
r.
——-—
4%
pfd.
(quar.)
Z:77- $1
,7- 1
6-10
'
6-15
—
'
$1.
50c
84}iC,
7-
6-15
1
,
6-15
Quarterly
Canada
Machinery
/,
Corp.,
Ltd."..(s-a)—11,
Ltd. (quar.)'
Canada Northern Pawer Corp.,
,
,
$$5
$$5
$25q
7-
s
2
■
6-28
7-26
,
4%
Inter-Terminal RR.
preferred (s-a)
*.6-l8
5%
preferred
6-30
;
6-23 V
9-10
—
Extras
10c
(quar.)
Ginger
1
V
A (quar,)..———7.*'.^—
1
com.
7-
—
35c
(quar.)-
pfd.
6-16 V
$1.75
(quar.)
$1.25
(quar.)
conv.
7-10
1
com.
6-30
1
2
7-
585/aC
Central
8-
6-15
8-
——
7-15
7-
1
$2 ,i
—
'6%'
$1.75
6-is
6-16
7-
50c
——..——
of America,
6-15 "
6-30
(1.25
preferred A (quar.)..
——
—
preferred B (quar.)
—...——
Illinois
Light, 4'/2%
pfd.
(quar.)
Co.,
preferred
Life
(quar.)
(quar.)
..
6-30
;
6-15
$1.50
6-15'fp
;
6-30
(quar.)
preferred (quar.)—
Plywood Corp., common
4.10%
4.10%
6-181
1
50c
6-15
$1.37'/a
933Ac
1
7-
6-14;
93%C
—
Co. com..
$4.75 preferred
.
7-
6-14
40C
Light, common.
Central Fibre Products Co., Inc.—
Common' (quar.)..
,
:
6-21
50C
Aguirre Sugar Co. (quar.)...—....
Central Electric & Gas Co.—
6-15
1
$1.25
:
Central
6-15
7-
65C
(quar.)
(quar.)——
7-31
—
Cement
5y2%
&
/ '"y
1
1
15c
B
Centlivre
20
Service
preferred
V/2%
;
6-17
X
6-10;;:'^
1
ti
7-
7-
Inc.—-
7-1
(quar.)
common
pfd.
$3
6-14
75c
——
:!'7--'x>
;5<"-:50C
pfd.
(quar.)
Oelotex Corp., common (Increased
5 % preferred
(qua r.)
per
(quar.)
Portland
California
5%
Z
$2.50
Corp.,
California
Canada
6-16
7-1
(quar.)
Power
Packing
7-
6-18
paid,
7- 2
/
75c
(quar.)
(increased)
$4.75 1st preferred (quar.)-.-—
1% 2nd preferred (quar.)
6-16
7-*X
'
6-17
$37ViC
preferred (quar.)
Cassidy's, Ltd., 1% preferred
7-1
Extra
6-26
6-30
7%
1
7-10
1
8-
7-15
7- 1
:
Mfg. Co., com. (increased).
(quar.)
Co., 3%% 1st preferred (quar.)
(J. I.)
7-
$5QC
..
3 V2 %
7-30
Corp.
Electric
Campbell
$2.25
6-15
7- 3
25c
California
75c
Z
shares,
be
Co.
preferred A
preferred B
6%
:7-,l:
1
6-24
6-18
6%
3
6-30
(s-a)
Financial
1
6-30
will
20
participating preferred
T.
7-
25c
2
1
stock
non-cum.
I.
50c
(quar.)
6-la
6-15
holdings
$7
56'/»c
6-15*
1
1
A,
each
for
2
t
7-1
(s-a)
Camden Forge
1
class B
combined
6-10
8-
'
class A ordinary (interim)..
ordinary (interim)
Carrier Corp., 4%
preferred (quar.)
Carriers & General Corp. (quar.)
Carter
(J, W.) Co
Carthage Mills, Inc., common
com¬
participating preferred
participating class A (s-a)
6-24
7-
7-
7-
dividend
stock
6-24
$1.12 y2
class
non-cum.
6-30
6-15
than
cash
of
America
the
6-10
2
75c
^
-
Power
Class
-
common
2
7-
2%
Carreras, Ltd.,
6-
——
_
share
of
On
less
6-30
6-15*
6-30
6- 3
—
the
on
One
Corp.
50c
:
_
6-10
7-
$$1
Carpenter Paper Co., common
4% preferred
(quar.)
'
held.
12'/2c
(S-a)
Co.,
convertible
50c
$1 "
Co.
&
7-15
$$1.75
6-16
6-11
7-
common
$5
6- 4
1
Hat
the
6-30*
7-
15C
(quar.)
(Ludwig)
Foods
share
C.
(resumed)
common
Bausch & Lomb Optical com,
4%
preferred
(quar.)
Beatrice
totaling
7-1
45C
■'?
Manufacturing Co.,
4'/2% preferred (quar.)
4</2 %
6-18
6-30
—_
dividend
stock.
shares
75C
Co.
2
$$1.25
preferred
3 Vic
participating class A and the
of
$3
com.
Bates
Baumann
the
5-29
-
25C
$3.50
M.)
6-17*
S
1
(quar.).,
(increased quar.)
Barker Brothers Corp.,
Extra
4Vz %
7-
(N.
preferred
Barber Oil Corp
Barcalo
Manufacturing,
$4 preferred
(quar.)
Oil
1
$3.50
Bank (quar.).
7-
of
7%
Bareco
6-30
30c
preferred (accum.)
Y.) (quar.)
Canada, Ltd.—
(s-a)
Co.
Co.
(A,
stock
A
6-10
6-10
Savings
(quar.)
Ave.
v:
1
7-
$10C
$5. preferred (quar.)„
Carolina Telephone & Telegraph
6-16
6-30
8-25
$$2
■>:
(quar.K-
(Philip)
5%
6-15:
11-25 '
$$1.75
Carolina
7-
——
mon
participating
Barber-Ellis
1
1
(quar.).
Securities
Bankers Trust
7-
7-
$1.25
Co.
York-Fifth
$1
$1.75
(increased)
Manhatan
1
7-20
12-15
(accum.) —
6-20
7-2
BUtler
4Vi %
9-15
Co.
Carnation
7- 2
$$1.50
(quar.);
Manufacturing Co., common—
preferred (quar.)
—
Butler's, Inc., common (quar,) —————
4'/a%
preferred
(quar.)—
-
1
1-2-49
$15c
;
,
pfd.
$7
Lumber
Administration,
10c
(quar.)
preferred
8%c
(quar.)
6-30
7-15
e-1
Western
Shoe
2c
Company,
20c
preferred
(quar.)
Extra
Bank
H.)
(P.
7-31
:
6-28
6-20
6-18
—
preferred
5%
Butler
Porcelain Steel Corp.—
convertible preferred (quar.)
6-18
$17'/2C
6-30
Class B—
:
7-
(increased quar.)—
9-
$1.05
—
7- 2
—
,7-
7-15
Carey
S
6-30
6-15 /
1
$20c
$37y2C
6-12
7-15
preferred (quar.)
i.
Buffalo Niagara Electric 3.6% pfd. (quar.)
Building Products, Ltd. (quar.)
Bulova Watch Oo.
(quar.)
Burlington Steel Co., Ltd
Burnham Corp., 6% preferred (s-a)--——Bush Manufacturing Co. 4Vi%
pfd.. (quar.)
5% preferred (^uar.) —————
Bush Terminal Bldgs. 7%
pfd. (accum.)—
6-11
6-15
7-15
$20c
$1.12y2
6-15
7-15
6%
6-30
50C
common
6- 4
1
$50C
(quar.)
~
,
6-15
6-30
class A (quar.)
——;
■
-
1
6-30
—
Budget Finance Plan,
Baltimore
1%
(quar.)
6-21
20c
'
7-15
35C
—
25c
2
7-
-
1
7-1
6-15
6-15
7-
$$2
"
pfd.
7-15
$$1
(initial)—.—-
Co., new com.
5-28
1
Ry.—
Capitol Records,
7-30
6-30
6-16
7- 1
50c
(quar.)— „
Company, 6% preferred
pieferred (quar.)
preferred (quar.)
Baldwin
(E. L.)
5-28
1
preferred (s-a)
4'/2% pfd. (quar.)_«
Products, Ltd. (quar.)
Celanese Corp.
preferred
8%
7-
—————.—..
$3.60
1
(quar.)
Co.
7-
,
5-28
7-
7-
$$1.75
$2.60
convertible preferred
Carborundum Co. (quar.)
Ltd.
7-1
6-11
1
6-30
37'/a C.
(quar.)
Co.
Baldwin
7- X
6-18
1
Ltd.—
Corp.,
Cascades
8C
7-
1
6-15
$5 preferred (quar.) >——————Bucyrus-Erie Co. com._
7% preferred (quar.)
;;
——
Buckeye Steel Castings, 6% pfd. (quar.)
Budd Company
25c
|
Wilcox
&
Co.,
6-15
Inc
(B. T.), Inc.
Babcock
Shoe
7-15
(Hartford) (quar.)
_———
Babbitt
Capital
•
$25C
33A% preferred (quar.)—...»
Brunswick-Balke-Collender
Co.
Manufacturing Co. (quar.)— i
Colleries Corp. (quar.)
Ayshire
(quar.)
preferred
6-15
Axe-Houghton Fund "B", Inc.——
Axelson
$4
6-15
(monthly)
Fund,
6-23
6-
2
7-
$25c
Co.,
Westinghouse Co., Ltd. (quar.)—_
Canadian Wirebound-Boxes, Ltd.—
'
$1.50 class A (quar.)
Cannon-Mills Co., common—
—
—
5-29
30c
11c
Co.
6-16
6-30
6-30
7-
$1.12 Vi
:
Canadian
6-30
———————
——-
2
6-19
6-16
Cannon
Brockway Motor
Co.————————
Brooklyn Trust Co. (N. Y.) (s-a)-.
—
Brown Durrell Co., common (quar.)———
5%
preferred (quar.)
Brown-Forman Distillers,
common
(quar.)..
2
10c
1
7- 1
—
7-
25c
Canadian
Ltd.;
7-
...
Canadian
2
6-30
Bruce
;
6-16
(quar.)
Extra
non-cum.
7-
7-
7-15
"
Co., Ltd.—
Vickers, Ltd.,
Pacific
7-16
Co.—•
JlOc
—
Machine.
Silk
4%
Case
(quar.)
6- 4
$40C
Refractories,
Canadian
93%c
6% 2nd preferred (quar.)————^——
Broad Street Investing
2
$183/4C
(quar.)
(quar.)
7-1
.$$0.234375
Products,
6- 4
7-
(s-a)
(quar.)
6-30
——~*
Forest
1st preferred
6-18
6-15
Canadian
7-15
$25C
J
2
'>
Ltd.,
preferred
Canadian
Co.-1-
$15c
Avery (B. F.) & Sons Co., 6% pfd. (quar.).
Avon Allied Products, Inc., 4%
pfd. (quar.)
Avondale
i, /:
Ltd.—
;
Insurance
-1
7-15
50c
••
Electric Ry,
(s-a)—
Columbia
Class" A
'
17 ViC
.
Voting
Automobile
•
7-30
7-30
Cos.,
preferred
7-20
.)
(quar.)
Columbia
Brown
(quar.)—.;
Automatic
6-30
56y«C
(quar.)—-
(quar.)
B
7-6
8-2:;.
,
—
preferred
Co.,
93 %C
_
.
Co.—
(quar.)
Atlas
6-19
—
(quar.)
B
Atlas, Imperial Diesel
Serjal A preferred
Class
»
(quar.)
preferred
3.71)%
^
?
7- t
6-15
5%
4%
British Columbia Telephone Co.—-
6-23
(quar.)
Co.
preferred
prior pref,
British
;
6-29
preferred (s-a)——
Manufacturing
Co
non-cum.
Athol
Atlantic
6-21
40c
pfd.
British Columbia Power Corp.,
Co.—
1
50c
Bristol-Myers
8- 2
.
OiF
6-25
6-19
:
7-
$$1.50
Co.
Ingersoll-Rand
6-19
7-
6-14
$55c
(quar.)
7-
■
6-14
6-29
—
6-30
■
6-14
7-31
$18%C
(quar.)_
6-10
6-30
-
.
6-10
'
'6-30
$25C
(quar.)
Indemnity Co. (s-a)
Industries, Ltd., com.
Canadian
6-18
Class A
X22VuC
—
(quar.)
Santa
&
2
Machine
6-30
$1.37 y2
)
(quar.).
*25C
2
6-30
-
com,
-
A
(quar.)
Canadian
1
s
—
2
7-
„
$75c
6-19
7- X
)
Telephone Co., Ltd.—preferred (quar.)
4% %
preferred (quar.)
Associated
Telephone
&
Telegraph
7% preferred
(accum.)
——
$6 preferred (accum.)
7-
$75C
Ltd. (quar.)
Investments, Ltd.—
0-30
$32Vic
Gas
6-
$15c
8-10
$$1.50
6-
6-10
-
common
Electric
preferred
6-30
Bridgeport
1
2
$15c
1%
a.
Light (quar.)_
Hydraulic (quar.)
Briggs Manufacturing Co
Bright (T. G.) & Co., Ltd. (interim).
6-30
7-
•
Ice
A
7- 1
—
6-10
Increased
7
40c
60c
20c
$1.25
(quar.)
6-30
Industries——
Picture
6-21
75c
112,/aC
Associated
5%
1
31 Vic
37'Ac
Bridgeport Brass Co. 5'/2% conv. pfd. ((
6-30
*
General
(quar.)—
common
2
2
Ltd.—
Investment
Foreign
Quarterly
$2.50
——
Light & Power Co.
125c
——
Canadian
50c
(quar,)—
$5c
;
6-15
$1
87'Ac
(quar.)
Sons
&
6-17
(quar.)
Associated
J.)
$15c
(quar.)
Hardware Co., Ltd.—
(J. H.)
A
(E.
6-17
$1.50
50c
50c
6-28
25c
20c
prior
1
25c
—
Ashdown
6%
1
—
Ltd.
Corp.,
preferred (quar.)
—
preferred (quar.)
5%
7-
,
±——.————
———
—
Arundel
1
7-
(quar.)——
common
General
(initial)
com.
new
59 %C
convertible prior preferred (quar.)
Construction————————
Canadian
$1
Botany Mills, Inc,
$1.12'/a
Art Metal
6-21
Co
Wharf
6-15
(quar.)
Canadian
6-18
.
Boston
1
25c
6-15
1
6-30
———•
6-15
25C
B
4%%
(quar.)
class
(quar.)
preference
7-12
Club
9
7-
(quar.)
6-30
Bon Ami Co., class A (quar.)
—-——
$1
Class B ——tiVaO
7-
6-10
$43 3/4 C
Insurance
Fire
4Vi%
8-- 3
6-16
1
preferred
Canadian
Canadian Food Products,
Class
A
(quar.)
5c
1
7-
$1.75
(quar.)
Class
Armour
$1.50
6%
6-24
6-30
6-30
—
7-
7-
77"15C
$-19
(quar.)
Company
dividend
9
2
2
8-
$30c
1
Canadian
W.)
7-
8-
.
i.
common
7-15
Canadian
6-30
$1.25
—
Gas
1* 1
6%
4:
7-
$50c
(quar.).
common
Canadian Fairbanks-Morse Co.,
6-30
6-15
6-23
<1
2
6-30
Borg-Warner Corp., com.: (increased quar.)3V»% preferred (quar,)-————-—
Boston & Albany .RR.———
Boston Herald-Traveler Corp. (reduced quar.)
Boston Insurance Co. (quar.)
Boston Personal Property Trust
(quar.)
Boston Storage Warehouse Oo.
(quar.)
12-18
6-19
6-15
6-23
6-30
1
7-15
Borg (George W.) Corp. (quar.)-.
12-23
7-
7-
7- 1
Book-of-the-Month
$3
7-23
Cottons, Ltd.,
preferred
(quar.)
7-15
-
5-31
$10C
Canadian
25c
(E.
6-17
2
$31'Ac
(quar.)
6-15
(quar,)
6-21
9-24
6-19
Class
6-10
12-18
1;
Canadian
1
9-30
7-
6-11
Corp, (s-a)
Slvalls & Bryson, Inc.
1
7
$25c
Converters, Ltd.,
6-11
1
12-23
Canadian
6-30
7-
6-30
6-19
6-30
6-30
$3
&
■
6-21
1
preferred
7-15
'
.
e-
7-
$50c
$$1.25
Ltd.,
(quar.)
6-30
(quar.)
Mfg.
7-
$1
$5 preferred (quar.)
6% pfd. (quar.)—Light, $6 pfd. (quar.)—
$7 preferred (quar.)
—
—
Arkansas Western Gas
(quar.)
Armco Steel Corp., 4V2%
preferred (quar.).
Armstrong Rubber Co., class A (quar.)
Natural
Power
6-16
10c
7-
7-
2
31'/4C
(quar.)
com,
pref.
conv.
preferred
,
6-30
20C
-
Co.,
Edison
Arkansas
9
7-23
$1.75
J.
—
(s-a)
(s-a)
Arkansas
8-
$$1
$1
$X
(quar.)
Arizona
-
7-15
6-30
$1.75
50c
$1.50
Bliss
53 VeC
—
$1
7-12
Co._
Decker
&
Extra
1-21
6-17
—
7-15
2
$1.05
50c
10-22
6-30
1
8-
7-
6-23
7-
$5c r
30c
110c
125c
25c
12'Ac
15c
25c
(quar.)
"Extra
Black,
7-26
(quar.)
8%
1
11-
non-cum,
8-
.
—
6-15
2
(quar.)
Canadian
50c
50c
Blackhawk-Perry
1-31-49
pref.
•
50c
.
(quar.)
common
2
8-
$$1.25
(quar.)
Participating
Celanese,
6-10*
6-28
50c
Stock
100%
Bliss & Laughlin, Inc. com.______
25c
5% conv. preferred (quar,)—.37'/ac
Bloch Bros. Tobacco, 6% pfd. (quar,) ——:.. $1.50
Blue Diamond Corp.--^———25c
Bohn Aluminum & Brass Corp.———25c
7-23
2
60c
6-15
6-30
7-
Participating
20c
50c
50c
(quar.)
Inc.—
Son,
:
7
6-15
6-30
1st
5%
7-
■
6-23
8-
7-15
Birmingham Electric, $4.20 preferred (quar.)
8
5c
(quar.)
common
Machine
25c
Anglo-Newfoundland Development, Ltd.—Apex Electrical Mfg., common..—
7%
prior preferred (quar.)—::
—.—
Applied Arts Corp,
Cotton
&
Bird
IOC
(quar.)
common
preferred (quar.)
Angerman Co., Inc
—
Anglo-Huronian, Ltd. (s-a)—.
Anglo-Iranian Oil Co., Ltd. (final)—
Common
7-Z
$1.50
4 'A %
Common
Bird
6-12
7-13
$1
•
,1
A
6-23
6-
,
Ltd.,
(quar.)
3
6-29
7-31
5 % ' preferred
Canadian Canners, Ltd.
10c
Inc.
Hats,
6-30
Black
*7
,
Bingham-Herbrand Corp. com.
5% preferred (quar.)
Binks Mfg. Co.
(quar.)——
8
8-
75c
— r.-y.:.'1-'
Co.
6-15
81'Ac
$5
——
$2 conv. preferred
6-14
6-15
37V2C
$3
30c
$$2
$1.50
Southern Railway (s-a)
Steamship Lines, Ltd.—
5% non-cum preferred (s-a)
Canada Varnish Co., Ltd., 5% pfd. (quar.)„
Canadian Breweries, Ltd.
(quar.)
Canadian Bronze Co., common (quar.)
Canada
6-10
6-29
Payable of Rec.
Permanent Mortgage Corp. (Toronto)
Quarterly
Canada
4
7-15
i
Class
6-16
9-
$1.25
preferred (quar.)
0%
prior preferred (quar.)
6% prior preferred (quar.).
Anchor Steel & Conveyor (initial)
2
—
Extra
7-
10c
prior
7-
7
6-30
;
& Cement Co., common
(quar.)
—
Foods, Inc. (quar.)—;
Manufacturing Co. (quar.)
—
15c
Anchor Post Products
6-14
preferred
4%
1*
30c
75C
$15c
$25c
$$2
2
Limestone
Bessemer
6-16
7-15
IOC
1
7-
(quar.)
Co.
Watch
5-29
6-10
$1
preferred (s-a)
Atnpco Metal, Inc. (quar.)
Anaconda Copper Mining Co,—
Anchor Hocking Glass Corp.—
$4 preferred (quar.)-
!
.
1
1
common—
7-
6-
7-
50c
(s-a)
Corp.,
$1.50
$4.50
Arcade
Beneficial
10c
&
preferred
5-31
Bendix Home
4
7-
Amoskeag Co., common (s-a)
€ %
4*
6-
7-
(quar.)
Smelting,
(quar,J
Lead
Zinc
prior
6-
1
12yac-
—
,
2
•
$3.25
(quar.)
com.
7-
.
7-15
7- 2
—
convertible preferred
American
$5
(quar.)
B
(quar.)"
$2.25
.
5-31
Telephone Co. of Canada (quar.)
Bendix Aviation
Corp.
(quar.)—
Appliances
$6 preferred
Beneficial Industrial Loan com.
53y#C
6-
2
preferred (quar.)
5%
—
—
(quar.)
7-
V;
;•
1
7-
Bell
6- 4
1
(quar.).—
common
Canada
6-15
7-
(quar.)
$1.25
$1.75
•
4%
7-
35c
7;.
2
50c
$$1.50
*
^ $1.75
(quar.)
Share
Company
Holdert
When
Per
Name of
Payable of Rec.
Share
$60c
-
Belgium Glove & Hosiery Co. of Canada—
15c
Processing,
&
Yarn
f
preferred
7%
6-30
7
Stores
Extra
Ltd.
Creek Railroad
Common
:
Common
6-19
6-30
15c
American
American
6- 3
12Vic
American
American
1
7-
com..
6-
^
Belding Corticelli, Ltd.,
7%
preferred (quar.)
3
1
7-
Beech
«- 1
7- 1
$1,816
(participating)
Preferred
Company
Beatty Bros.,
Service Co.—
American
Name of
Payable of Rec.
Holdert
When
Per
vv
Holder $
When
Per
Share
of Company
Name
Monday, June 28, 1948
CHRONICLE
THE COMMERCIAL & FINANCIAL
(2830)
46
Cincinnati
(quar.)
Co.—
.
-
'}■;
$2
$1.25
8-
1
0- 1
7-20
.
8-1X",
Volume 167
Number 4711
THE
Per
Name of
Company
Share
Cincinnati & Suburban Bell Telephone
Quarterly
Citizens
7%
...
Co.—
;
_
Water
Co.
of
Washington
7%
7%
(quar.)
1st
7%
1st
preferred
preferred
f
''
Co-operative
$4.50
7
Cuban
8-15
11-10
(s-a)
___
Co.
2-15-49
2-10 *
57c
7-
1
6-15
7-
Stock
,.6-30
6-21
6-30
6-21
Cudahy
Works, 7% preferred
Corp.
(quar.)
Peabody & Co., common
preferred (quar.)
2nd
preferred
Gas
preferred
Class
A
Class
5 7o
Co.,
Co.
Colonial
Ice
Mills,
Louis
preferred
Co.,
$6
&
Stone
Fuel
&
Iron
B
(The)
,6-30
11-
1
6-30
;• 7-
1
6-
7-
..
1
8
National
Y.)
(quar.)
Commercial Solvents
Dejay Stores, Inc.
10c
7-30
7-12
Delaware
preferred
preferred
6-30
6-
8
6-30
6-
8
20c
Inc.
7-
1
6-15
12»/2c
7-
1
1
6-15
15c
&
Trust
8-14
Gas
Connecticut
Conestoga
6-30
preferred
(quar.)_
Denver
De Pinna
8
6-30
6-
8
Detroit
Aluminum
9
Detroit
&
7-
1
6-21
Detroit
2
7-
Detroit
Edison
2
6-30
6-15
7-
1
1
*6-11
7- 1
6-11
6-11
8-16
7-31
17c
$1
75c :
(s-a)
:: 25c
(Toronto)
*
He- 4
7-1
*;• 7- 1
2
6-
—
(quar.)
Insurance
9-15
$5
40c
(quar.)
v
9-10
7-
•
7-
1
7-
1
1
6-21
,
-7
Trust
Mfg.
Tool
7-15
Dixie
7-15
2
2
,
6-30
6-15
$1.25
| 8- 21
7-0
57c
90C
7-1
6-15
6-15
Dominion
7- 1
6-15
6-28
6-15
,
17c
6-30
6-21
7-15
6-21
7-15
6-21
9-
$506
8-21
1
7-17
6-
3
7-9
r
6-18
6-30
.
;
6-15
6-25
7-2
6-15
7-
1
6-11
6-30
6-15
25c
7-
1
6-11*
7-
1
6-11*
6-15*
Crain
Cream
of
Co.
(quar.)_
f
1947
.15%
7'
1
6-15
7-
1
6-15
7-15
6-30
6-28
p-
6- 7
25c
6-30
6-10
7-15
6-10
12 Vic
6-30
6-21
87y2C
7-
1
6-21
8172c
7-
1
6-21
$1.50
6-30
6-15
2
7-26
9-
1
8-14
5c
7-
1
6-24
7-
1
6-24
7-
$2
15c
5 7/10c
1
6-
9-15
9-
6-30
7-
7
6-25
7-21
6-21
7-15
6-25
Falconbridge
40C
6-30
6- 4
50c
&
7-
1
6-18
7-
1
1
10-
1
12-23
12-23
7- 6
:/ 6-18
*2
•
:
8-16
50c
11-15
75c
9-
Class
A
7-
$1.50
(quar.)
1
6-19
1
Dravo
6-10
6-30,
7-
1
6-18
10- 1
9-U5
(quar.)_
(s-$)_
Brewing
Curme
Co.,
Shoe
6%
pfd.
of
preferred
Fidelity-Phoenix
Field
(Marshall)
& Co. 4V4%
Fifth
Avenue
7-
2
6-10
7-15
6-28
shown
7-15
6-28
York-Fifth
New
(merged
Dividend
under
Finance
Co.
new
of
7-31
7-21
7-
1
0-16
1'
6-16
3c
-7-1
6-15
7-1
6-1
7- 2
6-15
80c
-.
(s-a)
:
$1), \
(quar.)„ ; $1.06V4- '
Bank of
'
'
.
$25c
Duke
Power
V
of
(quar.)
6-21
Eastern
6-30
6-10
$1
East
Coast
6-19
East
East
(s-a)_.
$1.50
7-
1
€-18
International, class A (accum.)
40c
7-
1
6-10*
7-
1
6-10
Follansbee
:
■
6-10
Food
Machinery
Corp.,
6-19
Foote
Bros.
&
6-19
I.)
pfd.
1
Foreign Light & Power, 6%
1
Foremost
7-
1
6-18
6%
7-
1
5-29
Formica
50c
■7-
1
6-19
Foster
7-15
7- 3
—
7-
1
6-18
prior
25c
7-
9
7-
9
5-28
5-28,
A
■ii
dividend)
&
-
6-30
6-15
6-30
6-15
25C
7-31
7-19
Co.—
6%
(quar.)
1st pfd. (quar.)
(quar.)
6-15
Kleiser
15c
8- 2
7-20
8-
2
7-20
8-
2
7-20
1
6-20
1
6-15
7-
1
6-15
Foundation
1
6-15
8-16
8- 2
7-
6-15
40c
>
1
,
(quar.)
—
-
7-24
7-
9
7-15
6-15
25C
7-15
;•
7-
6-30
7-
(D.
B.)
1
6-10
<6-25
7
6%
Canada,
Coal,
7%
Ltd. (quar.)
pfd. (accum.)—
convertible
preferred (quar.)—_—
(George A.) Co. (irreg.)
Manufacturing Co
Funsten <R. E.) Co.—
,
4'/2%
Gair
convertible preferred (quar.):.
(Robert)
6-15
6-15
Gardner
7-
2
6-
2
$1.50
7-20
7-
1
$1.12%
6-30
$1.50
6%
5%
1st
$1.50
9-19
9-
$1.50
8- 2
7-18
preferred A (quar.)
B
(accum.)
Eastern Racing Association—
Common (no par) and the $2 par (quar.)
$1 preferred
(quar.)
pfd. A
(accum.)
—
(accum.)
Steamship Lines, common (quar.)_
$2 preferred (being called for redemption
on July
1 at $52.50 plus dividend)—_
1
Electric
preferred
Garfinckel
Light,
(s-a)
(Julius)
7-
1
6-25
7-
1
5'/a 7c
preferred
4'/a7c
25c
25c
preferred
;'6-25
$1.40
7-
1
6-
4
$1.20
7-
1
6-
4
25c
7-
1
6-18
Garlock
Gatineau
7-
V
6-30
12»/2c
7-31
7-15
55c
7-31
$1.50
7- 1
6-3
73/2c
7- 1
6-30
7- 8
6-18
6-21
6-23
30c
563/4C
7-1
Packing
&
common—
7-15
10c
6-30
6-14
6-11
6-30
6-11
30c
9-30
12-20
9-10
12- 3
7- 1
7-15
6-15
6-30
30c
$1.50
Co.
$4'
$2.50
7- 1
6-30
6-18
(quar.)
37y2c
34%c
6-30
6-30
(quar.)
28VeC
Co.
com.
(quar.)
Power
Co., Ltd.,' com.
preferred
(quar.)
;
572 7c
preferred
(quar.)
(quar.)—
6-30
6-15
6-15
6-15
25c
(quar.)
5%
$3
*
30c
6-30
6-19
$30c
t$1.25
$$1.38
7-1
7- 1
1- 1
6-1
6-1
6-1
76c
7- 1
Gemmer
50c
6-21
1
7-26
25c
1
$iy.c
7-22
35c
Co.—
1
7-10
6-23
t35c
(quar.)
7-
•/:
6-15
6-30
$75c
Company, common (quar.)..
preferred (quar.)
6% preferred (quar.)
6% preferred (quar.)
Gannett Company,
Inc.—
Class B convertible preferred (quar.)
7-24
6-15
7- 1
25c
7-
30c
—
County
7- 1
37V?c
T
Fuller
25c
(quar.)
of
Co.
(quar.)
Steel
Companies,
Fuller
$1.25
37y2c
(quar.)
25c
Ltd. (quar.)
Froedtert Grain & Malting Co., com.
$2.20 preferred (quar.)
Fruit of the Loom, Inc. pfd. (s-a)
9
Street Ry.—
$7
7-
12'/2c
*
B
6-24
77-
37y2c
—
common
preferred
Pressed
Franklin
87y2C
pfd.
(accum.)
Corp.,
7- 1
75c
20c
75c
Co
Co.,
,
$1.50
(quar.)
prior preferred
7-
preferred
Eastern
A
common
Insulation
Fostoria
7-24
• %
States
6-30
...
Common
$1.12 M,
Associates—
Massachusetts
preferred
class
$3
Dairies,
&
Fuller
67c
$6
Wallace.
preferred
Fraser
10c
preferred
6-18
37y2c
(quar.)_
(quar.)„
Foster-Wheeler Corp.
6-16
6-28
6-15
&
Class A
6-15
12%
(quar.)
FHel
&
i
6-30
6-18
15c
com.
(quar.)_;
1
Ltd.—
Sulphur Co.
Co., $1.50 preferred
Gas
preferred
7-
$62'/2C
Nemours
Electric
Convertible
7-
1
7-22.
25c
b'rl-
1
7-31
common—
Machine,
7-15
$1.12 Ma
(quar.)
(s-a)
(cash
de
Gear
7-15
7-
8-11
15c
Extra
7-15
7-
9- 1
75c
1
Forbes
6-18
6-4
7- 1
7- 1
Corp
6-30
9-30
6-16
'
Rubber Goods,
preferred
Eastern
Steel
6-30
1
5-7
$1.12ya
&
1720
10-
6-1
1
7- 1
7-1
25c
Light, 4'/2% pfd. (quar.)_
Products, preferred (initial quar.)
Flotill
6-15
7-
130c
A
6-18
7- 6
1
7-1
$1.25
(s-a)
class
Co.,
6-30
6-15
,
*
•
12V2C
Power
7-
v
75c
Oil Co., Ltd. (initial)
Pennsylvania RR. (s-a)
6-15
Florida
Shoe
7-15 * ■;
6-30
7- 1
$1
(quar.)_.
B
6-15
$1.75
Leduc
6-19
4727c
$20C
Class
7-15
15c
Products
(E.
6-12
1
4
Florsheim
6-15
7-
$20
(s-a)
75c
—
.
preferred
(quar.)
$3.50
preferred
(quar.)
Duquesne Lighting, 57c 1st
Durion
Company
(quar.)
2
6-
$1.75
$4.50
7-
2
Fittings, Ltd., class A
;<
,,
7-20
'v. $2
$1
•.
(quar.)
preferred
$1
(quar.)
com,_
preference
Steel
Pont
7-
7-
3%
1st
1
1
$5
6-15
7- 2
,.
75c
pfd.
$2
Co.,
2
New
(quar.)
Y.)
8i y4c
Bonus
2
2
6-
$3
250
preferred
Co.
Co.
Dunlop Tire &
du
2
7-
2
$25c
(quar.)——-
common
International, Inc. (quar.)
Dunlop Rubber, Ltd., Ordinary (annual)
Dunn
7-
2
7-
$$1.75
Dunhill
57>
2
8-
25c
$15c
(quar.)
preferred (quar.)
& Bradstreet,
4M2%
Dun
8-
$25C
Corp.
Brothers
7-
announcement
Bank
name
(N.
-
,
"; ,}25c'.<f
r
Rubber
&
7-21
7-
'
with
Pennsylvania
Tire
6-19
6-17
60c
(c-a)-
Bank.
Avenue
'
Co.—
pfd.
Bank
York).
1
7-31
12Vic
—
6-30
+
7-
6-30
-
$1.06(4
Canada, Ltd.—
$35c
:
8-12
62Vic
$25c
»
6-25
8-10
40c
Products
6-10
7- T
$$1
(quar.)
Y.)
Stores
6-30
x
7-15
6-30
40c
7-13
'J.-...
1
50c
7-15
6-23
6-23
8*
$1.50
(
Extra
5%
3
15c
,—>
7-
(quar.)
(quar.)
(N.
5
50c
com.
$350
—
&
Furniture
1-
6-16
6-15
15c
preferred
Fibre
6-17
7-21
Tv
Ltd.
Corporation, 4 7c
7-
6-30
6-
$2.50
$2.50
(quar.)
Fernie Brewing, Ltd. (annual)
6-30
.
6-30
$44c
Texas
$1.25
6-5
6-30
—
Feltman
6- 5
7-1
■
10c
Fehr
6-10
7-1
Jersey (quar.)
(quar.)
Fire Insurance
$12 y2c
A
(quar.)
preferred (quar.)
Dow Drug Co., 17c preferred
(quar.)
Draper Corp. (quar.)
Oil
America—
New
9-11
<fe
6- 4
1
6-29
(Syra¬
Publications
(Frank)
6-30
7-
37y2c
u
Co.
6-15
7-30.
$75c
(initial)
(quar.)
2nd
Duval
6-14
of
Co.
Truck
1
5%
6-18
6-18
1
56'Ac
Department Stores,
convertible
preferred
1
7-15
25C
preferred
$3.25
1
Motor
4(4%
6-19
6-28
7-
:V$10c
(quar.)
Federated
J
7-15
—30c
Shops
Federation Bank & Trust Co.
■
11-15
—
iquar.)
A
Candy
Insurance
Federal
8-13
1
15c
272o
Eason
1
N. Y.)
Ltd
6-12
7-
10c
$17'AC
Dover & Rockaway RR. !s-a)
Dow
Chemical
Co., common
7-
—
Federal
B
8-10
Federated
(quar.)
Lomason,
6-23
7-
(Syracuse,
N. Y.)
(quar.)
Quarterly
Frocks,
Inc
Fashion
Park. Inc.
(quar.)
Federal Bake Shops, Inc. (quar.)
Federal Chemical Co., 6 % preferred
8-8
11-
1
1
25c
Federal Fire Insurance Co. of Canada
50c
9-
12-
125c
Fashion
10-
6-11
12 Vic
(quar.)
cuse,
1
5-7
6-30
$1.25
Farmers & Traders Life Insurance Co.
7-
7-1
5c
,<•':
6-18
1
7-
(s-a)
Extra
-6-23
40C
10c
65c
preferred
$1.75
Mudge, Ltd.,*common
(quar.)
2
Douglas &
25c
common
Co.
,
$1.25
Nickel
Farmer
$1.75
(quar.)
preferred
1
6-30
6-24
-
Mines,
Family Finance Corp. com
472 7c
Chemical, common (quar.)
c
(quar.)
—
(quar.)
—;
Dominion Textile Co., Ltd., com.
(quar.)
5
7- 2
6-24
1
Semi-annual
Fanny
t
v
7-
$$5
6-3C
1
7-
Ex-Cell-0 Corp.
30c
preferred
25c
(quar.)
Insurance
20c
>
7-31
7-
$1
(quar.)
Tar
Common
40c
(Toronto)
Excelsior
12-31
40c
(s-a)
preferred A (quar.)
(T. H.) Co., Ltd.—
4.16 % preferred (quar.)
Evans
Products
Co.
(quar.)
Eveisharp, Inc., 5% preferred
6-16
6-30
1-25-49
(quar.)___
common
5%
1
I2M2C
preferred A
7-26
$1
}50c
Estabrooks
1
50c
5%
1
$1
Ltd
preferred
Dominion
iiy $l
67c
Co.
6-21
Stores
Eastern
(quar.)
8-
60c
&
York
6-21
preferred
Erie
National
6-18
of
Equity
7-26
First
2
Corp..
7-26
8-16
Fisher
8-
Co.—
6-18
7-
Fund, Inc. (quar.)
Pittsburgh RR.—
8-16
20c
First
$10c
•
7- 8
50c
(quar.)
Corp.,
6-23
$25C
_
6-30
75c
1
—
Corp.,
preferred
6-30
$2.50
(quar.)
4%
6-15
7-
Co.
6-21
6-21
7-21
6-30
Steel
1
1
Products,
Heating
7-15
$1.50
Zellerbach
Endicott-Johnson
7-
7-
&
7-30
25c
(quar.)
6-15
7-15
(quar.)
Enamel
1
$40C
5%
(quar.)
6-15
7-
f25c
(quar.)
convertible preferred
6-19
62MiC
Duplan Corporation
preferred (s-a)
57c preferred (s-a)
Crown Life Insurance
Crucible
6-18
$1.317*
(quar.)
Crowley Milner & Co., $3 prior pfd.
Crown
1
,
l_
particpating 1st preferred
Cork
7-
£ $1
—
Corp
Crosse & Blackwcll
Crown
'6-18
75C
(s-a)
Creameries of America, Inc.
(quar.)
Crompton & Knowles Loom Works (irreg.)
67c
preferred
(quar.)
$1
1
50c
(final)
Wheat
7-
$1.25
Phosphate Co
Reynolds Corp., $1 pfd. A
Shoe, 5%
Co., Ltd.,
(R. L.), Ltd.
convertible preferred
4%
7-
$50C
17o
25c
—
Y.)
Corp.
series
Bit
4%
6-10
;>.V$25C
Drexel
7- 1
6-30
Emsco Derrick & Equipment—
6-10
Oilcloth & Linoleum (quar.)
Square Corp., Ltd. (quar.)
Steel & Coal, Ltd., class B (s-a)«
Dominion
7-
1
6-25
6-16
25c
$1.75
6-16
Bank
7-15
1
1
1
6-21
$1.75
com.
6-28*
7-
2
6-15
^
Ltd.,
7-15
7-
7-
50c
preferred
6-28*
10c
6-30
7-
National
Donnell
$1.13
(N.
Industries
Craddock
7-10
6-19
7-15
50c
Co., common (quar.)
7%
preferred (quar.)
Empire Brass Mfg., Ltd., class A (quar.),—
Empire Trust Co. (quar.)
Emporium Capwell Co
First
6-18
93%C
&
Ltd.
7-26
6-21
(quar.)—
Mfg.
9
7-
$1.37'/2
(quar.)__
(quar.)
Corning Glass Works, common
3Vi 7o preferred series 1945 (quar.)
Courtaulds
Electric
7-
7-1
30c
(quar.)__
common
Electric
preferred
Emerson
1
$4
preferred
3V2 7c
7-10
1
60c
Associates—
Co., 8% preferred
8-
17c
$1.12 Vi
(Del.)
Continental-United
Cornell-Dubilier
7-26
7-
70c
Realty
$$1.25
6-15
40c
(quar.)
Co.
Drug
20 c
Cos., Ltd., 67o pfd. (accum.)
preferred
7- 1
$$2
—
Oil
Emerson
—
5 7c
Continental
Continental
6%
Embassy
Equity
(quar.)
(s-a)_
1st preferred (s-a)
2nd preferred
(s-a)
Firestone
30c
(quar.)
Co.
6-15
1
7% pfd.
Co—
Goods
9
$163/4C
(quar.)
Co.,
1
7-
6-15
10c
—
Consolidated Textile Co. (quar.)
Consumers Gas Co. (Toronto)
(quar.)
Consumers Power Co.
Gin
7-
$1.60
Dry
7-
15c
Foundry & Machine—
(quar.)
preferred (quar.)
683/«c
Williamsport RR.,
1
50c
Common
6-15
6-10
i2yac
Foundry & Steel, Ltd. (quar.)
Glass Co., Ltd., com. (quar.)
Dominion
(quar.)
Continental Baking Co., common
$5.50
preferred
(quar.)
Continental Can Co.
1
8-
53c
(Chicago)
7-
$250
5-27
1
25c
pfd.
62Vac
1
(quar.)
Malting Co.,
Common
(quar.) -v
6-15
6-16
-
Dominion
6-30
6-30
(quar.)..
Stores—
preferred
6-23
25c
(s-a)___———
com
6
50c
(quar.)
Dominion
ft?'7- 1
&
25C
Dairies,
,6-30
Co.
6-30
(liquidating)
common
non-cum.
$2.75
—
—
$1
(quar.)..
Mines, Ltd. (reduced)
Dominguez Oil 'Fields
Dominion
6-24
Water
(Seattle)
Corp. (Calif.)
(quar.)—
& Alloys (quar.)
Gas
(increased)
Dominion
Corp
Insurance
A
Home
6-21
50c
V:.
Dome
of
(quar.)
7a 7o
preferred
(quar.)
Consolidated Royalties. 67c
17o
6-10
8-
1
7-1
7-
6-25
8-
7-
30c
Bridge..—.—......
is classed as a dis¬
dividend.
class A (quar.)
Corp.
25c
17V2c
$1.25
Products
6-30
7-
Co.,
6-21
' Walker
&
20c
preferred
Theatres
Cup
6-14
1
6-30
$1
10-
Dixie
6-30
25c
(quar.)
25c
$1.50
Co.
Paper
preferred
6-15
1
20c
9
Corp.—
4
V2 7o
Ely
7-
$1.50
6-14
7-
Refractories
Elmira
6-15
$2.62 y2
6-
2
■;
Corp., Ltd
Press, Ltd., class A (quar.)__
Consolidated Retail Stores, common (quar.)_
Continental
6-21
6-15
.
;—'
;
Consolidated
preferred (quar.)
5y2% preferred (quar.)
6-30
(accum.)
t$1.50
Continental
1
■J
Co
$1.75
5%
6-30
convertible
Ltd.—
Co.,
Consolidated
preferred
7-
75c
87o
Uk
6-18
L——
92y2c
Stove
1
Mfg
Battery
Company
$25c
9-20
$$3.50
Co.
Assurance
6-12
10- 1
45C
(s-a)
preferred
1
■-:7- 1
$1
Extra
Continental
7-
.....
$1.12 y2
preferred
Steel
25C
";VT
; •
S7o
non-cum.
preferred (quar.)
67c
non-cum.
preferred (quar.)
6To participating preferred (s-a)
Di Giorgio Fruit Corp., $3 pfd.
(s-a).
Disney (Walt) Productions—
Dominion Coal
'
(quar.)
Mining
&
Smelting
Consolidated
Elliott
$2.62 Mi
50C
preferred
Consolidated
6-12
(accum.)
Y., Inc.
preferred
Paper
1
convertible preferred
$40C
Canada, Ltd.
7-
6 7c
37'/2C
(quar.)
Lithograph
Consolidated
50c
17-
Detroit Hillsdale & South Western RR.
6-15
75c
Elizabethtown
6-19
37 ViC
(quar.)
.
Quarterly
1st
6-23
16-19
'
Investment
Consolidated
6-30
(quar.)
Detroit-Michigan
Class
class A
(quar.)
Machine
1%
District
Consolidated Gas Electric Light & Power Co.
of Baltimore, common (quar.)
Consolidated
15c
7- 1
Industries—
Consolidated Edison Co. of N.
Consolidated
B
1
—
Consolidated
Elizabethtown
7-1
: 10c
Consolidated Cigar Corp.
Consolidated
Electro
10c
participating preferred
B
(quar.)
B
Electrical
6-18
10O
Class
C
6-18
6-23
Supply (N. Y.) —
pieferred (quar.)
preferred (quar.)
preferred (quar.)
17c
6-19
7-
60c
:—
20c
1
.
&
Products
1
Dentists
1
6-30
7- 1
75c
Co.
(accum.)
Storage
7-
1
payment
6-11
;
$256
series
abave
25c
(quar.)
common
Co._
Quarterly
7-
International
This
Class
$
6-30
preferred
31720
Tunnel
tribution, not a
Devoe & Raynolds,
7- 1
$1.75
$7
7-
Co
7-
$1.37 7a
$$1.50
Life
Detroit
6-14
7:
6-10
6-18
Electrical
12y2c
Brass, com.
6-19
1
6-10
Electric
...
Creamery Realty
8-
&
Canada
1
7-
6-10
4
1
(quar.).....
6-
1-
$1.12(4
1
4
1
7-
15C
(Kansas)
$1.06 7*
7-
6-
7-
7-15
(quar.)
Stockyards (quar.)
Co., class A (quar.)
Co.
(quar.)
1
6-
75c
—
Oil
6-10
6-28
6-30
6
(quar.)
6-23
6c
(quar.)
Co.
Insurance
Chemical
series
(A.)
6-30
7- 9
7-
7-
stock
6-30
$1
Quarterly
4 x/i 7c
Union
7-15
6-30
7-
7-20
$1.12 Mi
5%
convertible preferred
(quar.)
Deposited Bank Shares "B-l"
Derby
Consolidated Bakeries of Canada, Ltd.—
:t,'' 4 7o
common
6-15
$1.25
2
(quar.).
common
6-15
1
Ferries, 6% preferred (quar.)
$1.50
Electric Power & Light $6 pfd. (accum.)—$1.50
8-
(quar.)
Rubber,
common
6-
$1.50
common
preferred
A
6-10
1
&
debenture
6-10
$1.50
Association
General
Consolidated
$8
7-15
'
t
Power
&
Life
Inc.,
Class
7-15
V-'-7-
2
Natural Gas,
Manufacturing
8-14
_
preferred (quar.)
40c preferred (quar.)
Craig
Controller
(quar.)
35C
40c
Corroon
Electric
preferred (quar.)
Manufacturing Co.—
::
Voting
90c
(quar.)
(quar.)
(quar.)
Fire
Connecticut
Tire
6-30
Co.
&
6-19
1
7-
Electric
convertible
y 65C
(quar.)
Connohio,
Power
9C
Light
Common
57c
$$1.25
7;
37'/2C
Transportation
Connecticut
Coronet
5
7-20
(reduced)
Long Hook & Eye Co.
Denman
6-26
Inc.
preferred
Dennison
•'? 6-20
7-io
$i2y2c
_
(New Hampshire)—*
(accum.)
Confederation
De
7-20
15C
Records,
3.70 7c
6-15
7-
70c
(quar.)__
Electric
preferred
$5.25
11-
8-
El Paso
25c
Light, 47c pfd.
'
25c
■.!•25c V
50c
Loan, 4 7c
$7
4
11-15
(quar.)
Corp
Edison
$6
5 7c
10c
$$2.50
Decca
Corp.
4
$3.75
Auto-Lite
(s-a)
6-20
6-28
Commonwealth Water & Light Co.—
Concord
preference
1
Co. (San. Fran.)
Commonwealth & Southern, $0 pfd. (accum.)
Commonwealth Water Co., 5Vi% pfd. (quar.)
$4.50
Electric
25c
....
9
Commonwealth Investment
$6
Elder
2
(quar.)
7-
(N.
$5
2
7-
25c
pfd.
6-30
7-
50c
12MiC
—
(quar.)
7-
25c
8 7c
25c
(Texas)
6-15
Debenture & Securities Corp. of Canada—
57c
Electric
preferred
81720
(quar.)
6-19
$2
participating preferred
Paso
$4.50
7-15
preferred (quar.K
Corp. (quar.)
Co., common
(quar.)
A
414%
El
7-15
(quar.)
7-
(s-a)
Bank
class
6-14
...
...
A
25C
20c
Ohio
$2
9-17
6-14
$25c
Dayton Malleable Iron
Dayton & Michigan RR.,
6-18
1
6-30
6-30
6-19
6-19
6-30
Stores—
Bros.
6-30
Davidson-Boutell, 67c
6-15
10-
6-30
6-30
75c
(irreg.)
15c
.
Chemical
Edison
Corp.
5
50c
(s-a)
Trust, Ltd.—.
Ltd., ordinary—
Corp.,
6-14
25c
Investment
Paper
$1.12 Mi
Davenport Hosiery Mills
David & Frere, Ltd., class
Davison
6-18
$3.12 y2
$1.50
(quar.)_
Gas System,
Commonwealth
7-10
12-1
1
$2.50
preferred (quar.)
Extra
7-
Economic
6-5
25c
com.-
$1.12Vi
Darling Stores, 67c preferred (quar.)
Darlington Manufacturing
Davega Stores Corp., common (s-a)
57c
preferred (quar.)
6-11
Eddy
$1.50
(accum.)
—
(quar.)
(quar.)
Insurance
Commonwealth
7-10
6-11
472%
6-18
$1.50
____
.
1—_—
Combined Enterprises, Ltd., com.
(initial)
5%
preferred
(quar.)
_i
Commercial Credit Co., common (quar.)
3.60%
preferred
(quar.)
Commodity
7-20
$1.25
Co.,'common
Southern
Commercial
7-10
683/4C
(quar.)
'
participating preferred
&
7-20
6-11
>
'
Participating
Title
7-1
preferred
Ecuadorian
1
$1.25
(quar.)
Curtiss Candy Co., $4.50 preferred
Dan River Mills, common (quar.)
Dayton Rubber
___.
Baking
7-1
62y2c
(quar.)
(quar.)
Sand
7-1
25c
(s-a)
Extra
Columbia
6-15
6-11
25c
(quar.)
<quar.)__—_—
pfd.
preferred
Colorado
Columbia
1
1
v
(Boston)
Inc.
Columbus
7-
7-
87MiC
$2.75
Colonial
Columbia
6-10
$7
6-1$
9-17
7-
$1.25
:
Press, Inc., common
preferred (quar.)
Cunningham Drug Stores
Curtis Publishing Co., $4 prior pfd.
6-17
$7.50
common—
(quar.)
Co.,
Colonial
1
$25c
Corp.,
(s-a)
Loan Co.
Radio
7-
6-30
$3
pieferred
Collins
6-17
$1.50
Plow
Collateral
1
62 '/2c
(q"uar.)_
Colgate-Palmolive-Peet Co.
$3.50
7-
$1
class A
—
Foil
1
1
9-30
Corp.
preferred
1
7-2
25c
-
prior
b-
7-
$25c
:—
Extra
67o
Holder9
7-1
$1.50
,
(quar,)
47
Payable of Rec.
35c
common
-
B
50C
3Vi7c
6-25
6-11
25c
Bottling Co. of St.
Cockshutt
7-
Co.—
Extra
Cochran
7-15
7-10
6-25
$1
Electric
1
7-
$1.75
Cuneo
6-14
6-16
$1.75
(s-a)
Cola
Culver
6-21
50c
(quar.)
International
A
6-10
1
173/2c
(s-a)
Coca-Cola
1
7-
7-
6-18
$1.75
Extra
Common
When
Share
Co.,
67c
preferred
(quar.)
Easy Washing Machine Co., Ltd. (s-a)
Easy Washing Machine Corp., com. A (quar.)
6-20
1
(quar.)_
Co., 57c preferred (accum.)
Packing Co., common (quar.)...—
preferred
(quar.)
Corp.
(s-a)
V2 7o
7-
$1.75
(quar.)
(quar.)
&
A
Coca-Cola Bottling (Cinn.),
Coca-Cola
Co.,
common
$1
67c
6-30
20c
(monthly)
6-30
7-
Kodak
Eaton Paper
Cuban Tobacco
25C
30c
6-17
15c
(quar.)
Telephone Co., common
preferred (quar.)...
Cuban
6-21
i2y2c
(quar.)
(quar.)
6-17
6-30
25c
preferred
1
$1.12 Mi
Yards
Co.
9-18
6-30
of Company
Eastman
6-14
9-30
30c
(quar.)
—
25c
4
6-30
30c
„•
Co.
Sugar Co., common
preferred
(quar.)
5 7o
6-15
6%c
(quar.)__
Water
Counties
17c
Tissue
Sugar
(irreg.)
preferred (quar.)
preferred (quar.)
1%
$1.50
,
$2
Cuban Atlantic
6-30
Per
Name
2
American
7%
8-10
11-15
10c
(quar.)
Union
Industries
Clinton
50c
7-
6-25
1
$1.75
;
!
Molybdenum
Clinton
Coca
8-2
7-
7-
$2
(quar.)—
Crystal
Illuminating
preferred
Climax
7o
(quar.)
B
Common
—
Electric
Cleveland
4
A
Class
7
Holdera
7-15
Forster Securities Corp.—
Class
7-
When
(2831)
Payable of Rec,
30c
_
Extra
Cleveland
4%
2
8-
$1.75
Stove
&
6-10
6-28
$1.75
Mahoning Ry.
Crum
(quar.)
•
$3.50
(quar.)
&
6-11
CHRONICLE
Share
Forster, common
preferred (quar.)
preferred (quar.)
8 7o
\
(quar.)
Cleveland
Coast
7-1
30c
Clearfield
7%
6-30
30C
Multiplier Corp., com. (increased)—
5%%
convertible preferred
(quar.).—
-
Cluett
7-1
62y2c
$1.37 y2
Clary
Clopay
6-14
Company
&
87c
$1.75
Goods Co.—
preferred (s-a)_____—
preferred (quar.)_
1st
7%
1
(Pa.)—
A
(quar.)
Paris Dry
2nd
Name of
1
preferred
Class
7-
FINANCIAL
Per
Payable of Rec.
$1.13
&
Holdera
Crum
City Ice & Fuel Co. (quar.)
City Investing, 5*/2% preferred (quar.)
City Stores Co., common (quar.)
City of
When
COMMERCIAL
Manufacturing Co.—
participating preferred A
j
(quar.)—
0-21
General
American
$4.50
American
Common
<quar.)
$1.12 Va
6-24
6-18
$2
9-17
4%
preferred
1st
12Vic
6-24
6-25
$1
6-25
Harris
—-J--*;'
(quar.)
50c
6-25
250
preferred
6%
6-15
37'Ac
6-15
40c
6-18
$1.75
General Electric Co
6-28
50c
7-26
7-10
$1.25
6-18
25c
Fireproofing Co.
preferred
(quar,).———
-*—*.
General Foods<R>rp., common (quar.)—*-*
7%
preferred
$3.50
General
(quar.)
Industries
—
pfd. (quar.)—
(quar.)———
5%
Co.,
General
Instrument
General
Investment Trust
General
Metals
Corp.
(Boston)
6-10*
$3 non-cum. preference (quar.)
Hat Corp. of America, class A common
Class B non-voting common————
$1.29
**~
6-10*
preferred
(quar.)..
preferred (quar.).
General Paint Corp.
$1 preferred' (quar.)*:.——,
$1 conv. 2nd preferred (quar.)
Cement
0-16
0-11*
Co.-*-*—-
General
Public Service Corp.—
preferred (quar.).....
preferred (quar.)
$4 convertible preferred (quar.)..
General Public Utilities
(quar.)*-*--—--..
General Railway Signal Co., com. <quar.).
$1.37'/a
6-30
$1.50
6-30
$1
6-30
20c
7-15
$6
6%
preferred
(quar.)
30C
Common
4%
6-15
Hercules
8
$1.00 Y*
preferred
preferred
preferred
—
3%%
4Vi%
General
Shoe,
Genesee
(quar.)
■
93%C
40c
preferred
(s-a)
150
—;
>
6-30
7-
6-21
1
7-1
50y4c
$1.50
7- 1
7-
6-16
7-
1
6-16
50C
7-2 0
7-10
$1.12%
7-20
7-10
15C
6-30
6-19
$1.50
6-30
6-15
40e
7- 1
6-10
87'Ac
Distillers Co., 6% pfd. (s-a).—
Insurance Co. (quar.)—*t
:
350
Cojmpany,<common (quar.).
—
50y4c
preferred (quar.)
*
200
Knitting Works (quar.)
Globe-Wernicke, 7% preferred (quar.)-*——
$1.75
Godchaux Sugars, class A—.**,*———
$1
$4.50 prior preferred (quar.)..—
$i.i2y2
Gold St Stock Telegraph
$1.50
(quar.)
;
Goldblatt Brothers, Inez, common..*....
i2Vic
$2.50' preferred
62 Vic
(quar.)
Golden State Co., Ltd., common (quar.).
40C
<
4% preferred (quar.)2
......
....
•;
$1
Goodrich (B. F.)
Co,, common
$1
$6
preferred
(quar.)
—
*;
<1.25
Goodyear Tire & Rubber Co. of Canada,
Ltd;
(quar.)
*.
$$i
7-
1
6-10
7-
1
6-10
7- 2
7-
1
6-21
7- 2
0-28
7-
6-
7- I
.
7-
Toy, Ltd.
Mimes
(quar.)..
Co.,
preferred
G rayson-Robinson
preferred
Great
American
Quarterly
Class
0-30
1
6-14
93%C
7-
1
6-14
I2y2c
7-15
7%
8-15
8-
—***
L.)
Greenwich
$1.25
6-30
6-12
$30c
preferred
6-30
;
35c
6-30
:
$1.12'A
(initial)
6-30
-
—
(quar.)—.—
(Winnipeg)
$12'AC
*
7- 1
$$3.75
6-15
7- 2
6-18
$75C
6-30
6-31
40c
7- 2
6-10
7"
$1.75
...
2
50C
8- 2
$5C
6%
(quar,)..
pfd.
6-10
7- 2
7-15
v
6-
1
7-
1
7-
1
/:,
$1.06Vi
7-
1
'v, ;
20c
7-
1
10c
7-
1
6-25*
7-
1
0-14
8-
2
25C
....
I
__
-':;'
75C
50c
'
■
;
6-21
6-11
6-
7
6- 7
0-25*
;
7-15
$1.25
7- 1
$1.25
10- 1
9-25
35c
(quar.).*—.
(quar.)
Co.
7-
$1.50
(quar.)
preferred
7- 1
6-15
^
6-25
Grumman Aircraft Engineering Corp.—
dividend
.........
Guantanamo
$5
Sugar Co.,
preferred (quar.)
100%
.**_*****—.
common
(irreg)
*'
$3
—
Oil
(qua'r.F...
Corp
Quarterly
———.—...I——II—III
9-15
1
7- 2
6-15
6-21
1
6-21
7~ I
6-21
6-30
6-18
7-
•
6-18
6-30
7-30
7-20
7-
6-17
5
6-
6-30
5-31
7-15
7- 1
7-
6-18
1
6-12
Co..
$1.25
$1.37y2
Cp.*i'**—25e
—
Class
A
Co., Ltd.,- common**—*^**—*
preferred (s-a)__——
$25c
$75c
v
Mining & Smelting, Ltd.
t$l
Humphreys Manufacturing Co-.* common—* f, ;
30c
6% preferred (quar.) ———————* '
$1.50
Hunts, Ltd.r class A' (reduced-)—-_**——— '
$10e
Hudson Bay
■V
•
Ltd
Paper, 4'/2 % preferred
preferred (quar.)
—*
12-10
25c
(quar.f
'
^
T
7-
2
6-30
6-15
6-21
$1.12Vi
7-
1
6-10
$1.06 Y*
7-1
6-10
1
6-19
0-30
6-23
6-30
6-21
Utilities
7-
1
6-19
8-
2
7-20
7-
1
6-18
1 A
6-20
7-
1
6-17
6-30
7-15
7-15
-
v
6-30
6-30
6-16
6-30
6-16
6-30
6-10
6-30
6-19
6-30 f
6-19
6-30
6-19
7-10
6-25
7-
1
::
5-31
8-13
2
6-15
25c
8-
2
7-20
8-16
8-
2
preferred (quar.)———
preferred (quar.jjl
6-30
Bank
of
Commerce
—
—_
Nonnvoting
: '
Inc.
(interim)————*
Shares, Ltd.—
Group
Inter-City
faking,
Intercolonial
8%
Coal,
preferred
Interlake
America
Certificates
Iron
Inc.
**;
^——*
Ltd.,
Corp.-
Interlake Steamship' C6._
com.
——
1.
6-15
•'
1.
6-15
6>»15
1
6-15
7,7- 1
; 6-21
5-28
'
7-
1
6-15
;
"
8-10
11-10
7-15
6-
7
0-21
6-21
6-30
5-28
5-28
5r28
?
f
5-28
5-28
6rl5
6-15
6-15
6-15
6-15
6-15
6-18
6-18
7- 2
7-
2
6-18
7-.
1
6-19
7-19
8-2
6-30
6-21
8-
7.-
1
9
7-31
7-31
7-31
7-14
7-31
7-31
,
7-
1
6-25
10-
1
9-25
7-
3
6-
4
7-
1
6-
4
*
7-15
7-1
7-15
6-18
7-
6-18
1
6-18
6-21
6-15
6-10
6-14
6-14
7-
1
6-15
1
6-15
7-
1
6-18
$I.12'A
85c
Kaynee Company, common (increased quar.)
37'Ac
1% preferred (quar.)*—„*^—**-**—$1.75-,.
7*
1
Drug Co.» $4.50 preferred
Co. (resumed)
(quitr.)
-*—
R.)
(James
Corp.,
6%
>
.
——
6-15
6-30
6-11
i
6-24
7-1
6-24
,
pfd.
(s-a)-
^75c
$1.25
50o
25c
1
(George E.) $5 prior pfd. (quar.)-—- i
$2 junior prior preferred (quar.)—
Kelley Island Lime & Transportation
Kelling Nut Co., 6% preferred (quar.)
7-
7-1
6-15
7-
1
6-21
7-
1
6-21
0-30
0-18
6-30
-
30c
6-15
7- 7
Kellogg Switchboard & Supply,' common—
;15c7-31
5% preferred- (quar.)—-_*-***-t-**T** v;.. $1.25..
Kelsey-Hayes Wheel Co.—
$1.50 convertible class A (quar.)——*
-37'Ac K 7- 1
•: 7-1
Class B —*—-—**—* 37 'Ac
7-1
Kendall
:
New
7-15
7-
2
7-
1
6-17
7-
1
6-17
9-
1
8-10
7-
1
6-12
10-
1
9-13
7-
1
6-12
10- 1
9-13
6-30
6-10
6-30
6-10
6-30
6-10
7-
6-25
1
7- 2
6-20
7- 2
6-20
7-1
6-2
7- 1
6-21
6-30
6-17
6-30
6-30*
10c
6-21
6-16
—
dividend)
(cash
common
>
.'
5%
preferred
(Walter)
6-16
„
Kimberly-Clark-Corp., common (quar.)
4% convertible 2nd preferred (quar.)_—
4 'A %
preferred (quar;)
King-Seeley Corp., common (extra)——-——
5% convertible preferred (quar.) —
Kingsport Press, Inc. (quar.)._
—,
„v
.
6-
1
7-
1
9-15
50c
9-
1
7-
6-15
1
6-29
5-31
7-
1
6-25
7-
1
6-24
7-
r
1
12-30
$2.50
■:
—-**—
Co.l
6-1
6-30
7-15
^
f
(s-a)_
&
6-14
6-21
6-30
Mines——
———*
<$3c
Kewan.ee Public Service, 7%
pfd. (s-a)
% $1.75
Keyes Fibre Co., 6% prior pfd. (quar.) _— :
; $1.50
Keystone Pipe & Supply, 5% preferred (s-a);
1 $2.50
Kidde
; 0-15
7-
?
/-.35c
$1
1
7-
1
6-11
7-
25c
1
6-11
^
6-11
7- 1
$1.12 Vi •
& 7-15
; r 30c
7- 1
25c
6-30
;
2®c
7-1
Kirsch Company, common (initial)—
12'Ac
$1.50 preferred (quar?)—--.———————
37'Ac f: 7- 1
10r 1
$1.50 preferred (quar.)—
—•—4; 37'Aq
$1.50 preferred ,(quar.
,",:;37Vic lr2-49'
$1.50 preferred (quar.)——-—-.
37Vic 4-1-49
6-30
Knapp-Monarch Co.
(quar,)*—*—*—
,15c
7- 1
Koppers Company, common-—
——*
40c,,
7- 1
4% preferred (qqar.),
—
- ;**(
$1
Kress
(S.
&
H.)
Co.,
(quar.—
Kroger Co.,. 6% 1st pfd. (quar.)—.
6% 1st preferred (quar.)—
50c
—
$1-50
$75c
$$2
$$4
7- 2
6-20
7- 2
6-20
Kut-Kwick Tool, 6%
—„
60c
7-13
6-29
Labatt
25c
7- 1
6-18
Laclede
(John)
Gas
(S-a)—-—*
(quar.)————
t25c
Light——I
pfd.
*
—
6-15
:
-
5c
6- 4
6-21
6-21
9-21
12-22
3-22
6-21
6-11
6-11
9-
1
8.-10
:■* 7-
1
6-15
,
JO- 1
,
9-15
2
7-15
11-1
10-15
8-
6-30
-6-15
'. 7- 1
,6-20
6-30
'15c
conv.
Co., Ltd.
——
;
—1—
2nd preferred (quar.)—
;
1% 2nd preferred (quar.)—**—
7%
6-30
-
—
7
6-14
1
7-
—-25c
(James R.) Corp.——,—
Addison. Gold
7-
TV 7- 2
$1.12'A
40c
25c
r
50c
20.%,;
(quar.)_
preferred
Refining Co.—*——
Kennecott Copper Co.
(quar.)
Special
Kerite Company (stock dividend)
$4.50
Company,
Kendall
Kerr
7-15
-;
>
'"7-
.
—**
,
6-30
,
6-30
-
6>-15
7-
Katz
7-13
7- 2
'
^
,7-
'37'Ac
*—*
—
$5 preferred -(quar. )-**——$1.25
Power & Light, 4'A% pfd. (quar.)—
$1.12'A
6-15
7-31
(resumed)
-
common'
$1.50
$1.75
—
; ,:$1.75
Kropp Forge Co.—10c
Kuppenheimer (B.) Co. (s-a)———__——
'
75c
(s-a )_.!*—
6-30
6-30
7-31
$$X
$3.
$10c
3c
6-15
7-15 /
Kansas
6-12
$1.25
'
(s-a)—
Ltd.**™"-————.—-
(s-a)—
6-30
^
shares—
9-1
6-15
1
7rl5 :
—
6-30
20c
-
9-15
preferred (quar.)—****——*—
$L75
Jersey Farm Baking Co., 4% pfd. (quar.)—
$1
Jewel -Tea Co., 33/4%
preferred (quar.)
933/4c
Jim Brown Stores, pref, (stock dividend)— :
5%
Johns-Manville; 3'A'i» pfd. (auar.)
87'Ac ;
Johnson & Johnson, 8% preferred (s-a)
$4 ,
4% 2nd preferred (quar.)—:_*—' $1
3'A% 2nd preferred series B (quar.)
87'Ac
Johnson Oil Refining Co., common—
20c
Common1 *iv—**-*.**————*——-i*—* r v; , 20c
Jones & Laughlin Steel, common———*
50c,
5%
preferred (quar.) -—**——*-**-—* - " $1.25
Joplin Waterworks, 6% preferred (quar.)$1.50
Journal Publishing Co., Ltd. (incrd. quar.)- '
$20c
Kahn's (E.) Sons Co., common
25c
5% preferred (quar.)*—***——$2'AC;
Kansas City Power & Light—.
3.80% preferred (quar,)__
*—*
—
95c >■'
Kansas City Southern Ry, Co.—
t
4% preferred (quar.)
ii—$1
Kansas City Title & Insurance Co. (Kansas :
City),
$5
Kansas Electric Power, 5% preferred (quar.)
$1.25
Kansas Gas & Electric^ common—1——
20c
7% preferred .tiquar.) ————
——
■
$1.75
$6
preferred (quar.)$1.50
Kansas-Nebraska Natural Gas—
' >
;
•
t Common
(increased)
y'
" 25c
Kerney
Co., Ltd.—•
Investors,
8- 2
0-16
50c
6-15
.
Keith
50c
;
1
6-25
7-
7%
Kawneer
6-28
'
$12'/2c
6rl5
1
7-
.
9-20
6-29
;
6-30
■
12-20
25c
Y.)*-—
(N.
6-16
6-15
9-1
" 30c
*v. 30c t} 12- 1
7-31
133/4c
;- 7- i
Irving Trust Co. (N. Y.) (quar.)
—
20c
7- 1
Island Creek Coal Co.,; common (increased) >
75c
7- 1
$6 preferred
(quar.)
$1.50
7-20
Jaeger Machine Co* <extra*_——*-^***>*—* -X ~ 40c
7-2
Jamaica Publie Service, Ltd!, com. (quar.)- :
$25c
7-2
7% preferred A (quar.)-*i—*?-.^,:X$$1.757- I
7% preferred B (quar.)-—**——**—-**; xl-%$r/,
7- 1
5% preferred C (quar.)—
xl%%
7- 1
5% preferred D (quar.)
xl3A%
6-30
Jamaica Water Supply, $5 preferred iquar.)
$1.25
Jamestown Telephone Corp.—
7- 1
5% preferred "A" (quar.). $1.25"
-7- 1
6% 1st preferred (quar.)——:
$1.50
7 7- 1
Jeannette Glass Co., 7%
pfd. (quar.)
$1.75
6-30
Jefferson Electric Co. (quar.)—
50c
7- 1
Jefferson Lake Sulphur
(resumed)
10c
7- 2
Jenkins Brothers, founders shares——-—
$1.50
6-19
9-30
12-30
$30c
$$1.06V*
$$1.25
1
7-15
82'Ac
&
_
6-22
-
—
Power
,
$25c
—
I
6-30
,
5-18
,
8-12*
9-
7-
—
v$10c
5% preferred (quar.)—.
^ $1.25
Indianapolis Water, class A (quar.)
—
•
20c
5% preferred A (quar.)
$1.25
5% preferred A (quar.)—.
$1.25
4Vs>% preferred series B (initial)——*— 33 9/10C
4Y2% preferred series B (quar.)—.—_
$1.06Vi
Industrial Acceptance Corp., Ltd.—•
*
Common
(quar.) 1—
-" $50c
'
6-14
8c
,
Light, 3.30% pfd. (quar.)_—
■
Iron Fireman -Manufacturing (quar.)—*—.
Quarterly.- *—*—-***—;;-*—-*—***,v-.
Ironrite Ironer Co,. 55c conv. pfd. (quar.)_
Iowa
Kearney
4ya%
preferred (quar.)
$1.03%
Indianapolis Power & Light Co.—
• '
"
^
Common: (quar.)
--**-—*****-*—37%e4%
preferred (quar.)*—*
*-*—-****
?
$1
Fund—.
Selective
Investors
Quarterlys^*^******-;-****i**-**i**-*gvj;^^
—
6-15
.
5-31
9-13
7-
preferred (quar.
*--1—
Imperialle Fuels, 6% partic. preferred (s-a)_
Incorporated Investors
**;—
Independent Pneumatic Tool Co.
——Indiana & Michigan Electric—
75c
pfd.
..
6-
6-15
;
7%
corp.—
—-
6-21
6-30
6-18
(Interim)
Co.,
*
6-18
Hydro-Electric Securities Corp.—<
5% preferred B (s-a)-—$25c
Ideal Cement Co.
(quar.)—'
40c
Illinois Central RR. (Leased Lines)—•
! ^
^
4%
guaranteed (s-a)$2
Illinois Commercial Telephone Co.—
!
V
$4.75 preferred
(quar.)—„—
—*
$1.1834
Illinois
Power
Co.,
common
(quar.)
50c
5% convertible preferred
62'Ac
(quar.)
Imperial Tobacco Co. of Canada—:. ;
V "
,
Common
5
6-15*
'
2
——
5
6-
Co.*——*——-
Shoe
Silver
.
Insurance
12-20
7-
6-30
preferred (quar.) _*—■
-—;
56'Ac
Huttig Sash "& Door
,
5% ' preferred ;(quar.)—--**-*-*——**-**'
$1.25
5% preferred (quar;)-*—$1.25
5%
preferred (quar.)—-**s ■
$1.25
Huron & Erie Mortgage Corp.-^-* v.v? ' - f
(London, Out.)
(quar.)———$$1.25
Hyde Park Breweries Association, Inc—>
-
Institutional
37 Vic
$12y2c
1
6-26
7-
$2.25
Insuranshares
1—
7-
6-30
6-30
Refrigerator—
Common
(increased quar.)
6-
,
5
75c
.
Hussmann
Insurance Co. of North
Jnu<>r.)__
6-18
**—-*——*;$10c
Classr B (reduced)—**—,
Inland
9-10
5
2
7-
$1
12y2c
-
9-20
5
6-15
7- I
56Vic
50c
93%c
20c
02Vic?
Hubbard Felt
Inglis (John)
37yac
Hammermiil
m%
6-
50c
Ingersoll-Rand Co. 6% pfd. (s-a)—————
$$3
4% preferred
(quar.)
Halliburton Oil Well Cementing Co.—
Co,
Electric Motors
Howell
5%
$$1.50
5
6-2
Ingersoll Machine & Tool Co., Ltd.—-• '
V
50c participating class A (quar.)—*—
4% preferred, (quar.)—
——
...
Mfe.
(quar.)
——
Industrial
$1.50
Gypsum Lime & Alabastine of Canada, Ltd.—
Quarterly
Hahn Brass Co., Ltd., common
$1 participating preference (s-a)„_
Haloid Company, common (quar.)
Hamilton
1
$25c
$1.50
quar.)_.
preferred
6%
—
750
igiinr""*"""
(Montreal)
Quarterly
Quarterly
Hamilton Bridge
(Increased
A
Gibson,
4Vi%
$1.50
Gulf Power Co., $6 preferred
Guarantee Co. of North America
Extra
$1
$1.25
Guaranty Trust Co. (quar.)
Guilford Realty, 6%' preferred
Gulf
6-
6-30
Houdaille-Hershey Corp.—
^
$2.25 convertible preferred
(quar.)—.—
Finance Corp., common (quar.)_
3%%
preferred (quar.) _-**—;
;—
Houston
Natural
Gas,
common—
5%' preferred, (quar.)^
———***-*--*.*Houston Oil Co,
(Texas)
(increased)
—
Houston Oil Field Material, common (quar.)
5% preferred (quar.)__—
5y2% preferred (quar.)
1
3iy4c
(quar.).
Brewery Co,———.
Griess-Pfleger Tanning
(quar.)
Griggs Cooper, 5% 1st pfd. (quar.)..
Stock
0-19
0-19
.
4%
Western
Watch
6-19
$ 6c:
$t
Household
6-18
Co.—
Grief Bros. Cooperage
Corp., class A
Class B (quar.).....
Gruen
6-12
6-18
—
—
(quar.)————
Co., Inc. (quar.)
Ltd.——...
participating preferred
1st
7
6-12
Greyhound Corp., common (quar.)
.**—*•
4Vi%
preferred
(quar.).—.
5%
8-
$62'Ac
Greenwich Water System,
Griesedieck
6-21
0-15
6-30
Wire Co.,
Gas
7-15
t40c
-■*—**
(B.)
2
150
V
•
(H.
1
30c
;
common—.
(quar.).i—
preferred
6-15
65c
Class
t" 25c
$1
■
*———.——.—.
Co._———
..
>
6-21
(increased s-a)
Hotel
6-30
50y4o
Stores, common—.
(quar.)
Insurance Co.
(N.
Y.)—-
Great West Saddlery Co., Ltd.—
6%
2nd
preferred
(quar.).—
Great Western Sugar, common
(quar.)
Greening
1
7-
Great West Life Assurance Co.
Green
,0-10
25C
(quar.).—
(quar.)———
——
convertible
6-16
6-30
$1
7
6-21
Great Lakes Steamship, new com.
New preferred
(initial
quar.) *
Great West Felt Co., Ltd.—
50c
6-
0-30
(quar.)
Quarterly
6-21
0-30
lc
Engineering Works,
Ltd.—
B
0-15
50c
Great Lakes Paper Co.,
Common
(increased)
Class. A
6-18
—
common
...
Great Lakes
1
7-15
115C
*
6-18
(increased).——
Co.
3%%
$2.25
*;
*
.•
Co.****—***_*——_;
City Steel
■:-v
6-18
1
7- 1
■
(quar.).——
1
7-
-
Fisheries/ Ltd.
4
0-19
7-
.
(W. T.)
1
1
10-
—,
4
6-
0-30
-
6-
7- 1
_
—
Grant
6-15
Home
6-10
Gorton-Pew
4'A %
Globe
&
6-11*
1
7-
Telephone & Telegraph (Fort Wayne)
Uomrnon"-(quar,)
$1 '■
' 7% preferred;(s-a)———*——*-;i*-**^ ?
' $l.75 > :
Home Title Guaranty Co. (Brooklyn)*—
- 25c
Hook Drugs, Inc. (quar.):i—**—-*-*—**• • J
25c
Hoover Ball &• Bearing-—-——*
—*
- 50c
Hoover Company, 4y2%
preferred (quar.)_
$1.12Vi'
Horder's, Inc. (quar.)
; ; 30c <,
Horn & Hardart (N. J.)
(quar.)_————
$2
Horner, (Frank W.), Ltd.-*,
0-18
Falls
Glidden
Granite
6-21
1
7-1
Home
1
(quar.)__
Salt
6-
,
6-15
0-29
$1
:—.
*
—
,
,
6-15
7-
quar.)
(quar.)—
43%c
'v.-,.'.''-v
Increased quarterly —
——
' 25c
Interstate Bakeries, $4.80 preferred (quar.): $1.20
Interstate (The) Company, common
10c
5% prior preferred (quar.)—————
$1.25
Interstate Department Stores (quar.)
50c
Interstate Telephone Co,, $6 pfd. (quar.)—
$1.50
Intertype Corp.
——_—
40c
Investment Co. of America (quar.)——,——
'
25c
Investment Foundation,- Ltd.—
• " v'
; '
6% convertible preference (quar.)-.—
$75c.
Investors Management Fund—————*
13c
Iowa Electric Co., 6'A% pfd. B (accum.)—
81'Ac
7%
preferred A (accum.)
—
87'Ac
Iowa Electric Light St Power—
*
.' '
v
:
0%
preferred
(accum.)
v $1.50
6'A% preferred B (accum.)
$1.62'A
7% preferred A (accum.)
$1.75
7- 1
6-15
15c
preferred
International
8-23
Y.)
$4
International
25c
(N.
6-15
International
(Henry) $1 class A (quar.)—**—*—**
Co.
7- 6
1
7-15
-50c-
Insurance
7- 6
2
6-15
0-30
1
75C
...
Holt
2
8-
7-
1
0-30
50c
,*—**._-*-***-****—***—. -
—
8-
$1.50
1
.
;
t$1.75 '
t83Ac
1
6-30
6-30
$1.12Vi
C.)
Grandview
International
"
6-12
Extra
6-21
1
$1.25
...
Co., $3.50 pfd. (quar.)
Gimbel Brothers, common (quar.) ——;
$4.50 preferred
(quar.)-——****_***——■
Glen-Gery Shale Brick Corp. (quar.).—.
Grand
6-15
7-
Paper
Ltd.—
40c
$1
—
—
6-21
1
7-
»3c
—
Holllngsworth' & Whitney,, $4 pfd. (quar.)—.
Holly
Development
Holmes (D. H.) Co., Ltd,—*—
6-21
7-
25c
—
...
Glens
7-20
,
preferred (quar.)..
$2.25 preferred
(quar.) *.
———
•—
Georgia Power Co., $0 preferred (quar.).—
$5 preferred
(quar.) a—******Gerber Products Co., 4 'A % pfd. (quar.) —
Gibson Art Co.
(quar.).——
*
Gibson Refrigerator Co.
(quar.)—
Glenmore
6-15
(increased
Common
7-
Dauch Paper
Furnace Co,
(quar.)
Hollinger Consolidated Gold-Mines,
Quarterly-
6-19
1
250
...
conv.
7%
1
■
■■*.
—
(A.
1
7-
15C
m..
7-
15c
.
George Putnam Fund of Boston——.
Georgia Pacific Plywood & Lumber—
New
common
(initial)
a..
Gilbert
Dauch
&
&
Hines
20C
—
(irreg.)-—
Holland
A
(quar.)Class B (quar.)
$1
Hlnde
Brewing
Class
6-15
7-
Co, (quar.)
: < 50c
Co. (Canada) (quar.)
$25c
(Edward) Lumber Co.**—,--—60c
Hlnde
—*__—
of Canada—
International Ocean Telegraph
International Paper Co.—
6-28
:
$1.06'A
(quar.)
(quar.).—.
6-16
7-
7%
Ltd.
7-15
Chemicals Corp.—
_———
pfd. ($100 par) (quar.)—
——.
preferred ($5 par), (quar.).
(quar.)_*—-
7%
,
,
8-16
..
8-
Motors
Hlghland-Beir Co.,
81 %C
————————
St
*
(quar.)
International Nickel Co.
5-27
6-18
,
7-
preferred (s-a)-*——$3,50.;
Hibbard Spencer, Bartlett & Co.
>
Monthly^
25c
/*
400
Minerals
(quar.)
preferred
7-
Corp.*—25C
Hershey Creamery Co., common (quar.)—
50c
General Tire & Rubber Co.—
3% %
4%
7-
Hendershot
Corp.—
—
(quar.)
6-12
55c
(quar.)
preferred
6-23*
50c
———
General Time Instruments
Common
6-14
7-1
New
Orleans
(quar.)
—
15c
Quarterly -j——**—: ;
15c
Paper Products, Ltd
—$25c
Henkel-Clauss,
$6 preferred
(quar.)—
$1.50
Hercules Cement Corp.
(quar.)—
;
25c
6-10
(quar.)—.—
General Reinsurance Corp. (N. Y.)
—
General Telephone Corp., com, (quar.)—
preferred
6-10
7-12
—
6-
0-10
General Refractories Co.
4.40%
6-30
6-28
25c
50C
25C
> $1.50
(quar.)........——
6-30
6-30
30c
37'Ac
Products——
(initial
common
international
10-20
7-17
3$c
Heinz (H. J.) Company, common (quar.)—45c
3.65%
preferred (quar.)
-i-,
—.
VlYtC
Helena Rubinstein, class A (quar.)—*——
25c
Heller (Walter E.) St Co., common (quar.)15c
4% preferred (quar.)_
——.———
$1
5Vi%
preferred (quar.)-————— :$1.37Vi
Helme (George W.) Co., common
V- $1
7%
preferred (quar.)——,
$1.75
Hemisphere International Co.—
>
"
0-10
—
—.
$5.50
1
7-17
$1.12Vi
$1.50
$1
(quar.) ———
—
$0 2nd pfd. (final)-
Haytian Corp of America—Hazel-Atlas Glass Co. (quar.)
03 %C
$3.75
Portland
preferred
4'/2%
$1.25
$5
7-20
8- 2
7-15
75c
25c
Hawley Pulp & Paper,
Corp.—
Motors
General
7-31
Corp.
.
General
6-21
6-21
6-18
1
Co.—
——
6-15
11-
Cellucotton
quar.)——
35c.
International Holdings* Ltd
$60c
international Metal Industries, Ltd.—
Class A
(quar.)——.—
$40c
! '4'A%
preferred (quar.)_
.-i—*.-***' $$1.12'A
International Milling Co., 4% pfd. (quar.)$$1
Hart man Tobacco Co.
0-30
75C
(increased)
General Mills, Inc., common (extra)—
5%
preferred
(quar.)
-—*
International
Extra
0-16
6c
50c
—
preferred
International Harvester
New
1
$37Vfcc
(quar.)——*
International Button-Hole Sewing Machine-
7- 6
5Vi%
7-
7-
20c
20c
Bronze
participating
6%
6-15
5Vi%
General
Co,, com. (quar.)
preferred (quar.)—
Powders, Ltd.—
non-cum.
6-17
preferred (quar.)
*
\lAVfr
preferred (quar.) ——
$1.37 Vi
Harrisburg Gas, 4'/2% preferred (quar.)—
*1.12 Vi
Harrisburg Hotel Co. (Pa.)————
50c
Harrisburg Railway (s-a)—(,
15c
Harrisburg 8teel Corp. (quar.)
—.——25c
Hart Battery Co., Ltd.——,
——
$l«c
Hart, Schaffner & Marx——
00c
Hartford Fire Insurance (quar.) ————
50c
.«*—-
—
___
6%
International
U older»
Payable of &ec.
Share
6-10
St Co.
(A.)
87 ViC
(quar.).
6-10
Ltd. (quar.)—-—$20c
Harnischfeger Corp., common (quar.)—;—
15c
5%
2nd preferred
(quar.)——
*
$1.25
25C
convertible 2nd preferred (quar.)..—.«
Controls Co., common (quar.)
"4%
6-30
Harding Carpets,
31 Vic
General
6-10
Stock
6- 8
common---*--—*
0-10
6-30
—.
dividend)
(Stock
7-15
3c
—..."
(cash dividend)
Class B
7-10
$2
dividend
When
'.y.'Per
Inter-Mountain Telephone
6-30
$$
dividend)--———
(cash
A
_—$1
payable in class A
—.
■
: 4%
Hanover Fire Insurance
(N. Y.)
(quar.)_30c
Hanson-Van
Winkle-Munning Co.—
—
25c
Hanna (M, A.) Company, 6% pfd. (quar.)$1.50
5-20
I5c
Co., common——
$8 preferred (quar.)
—*—...
$8 preferred (quar.) ————
General
Bottlers, Inc..
General Box Co. (quar.)-.—.—
,
„*«,
General Builders Supply, 5 % pfd. (quar,)-**
Cable Corp.,
Class
1
$1.06 V*
(quar.)__
Baking
General
6-18
■
Name of Company
of Calif.-—-
Hancock Oil Co.
6-18
75c
Holder*
Payable of Rec.
Share
Name of Company
Stock
——_**,
$4.25 preferred series A
General
l
7- 1
7-
10c
Investors, common——(quar,).
Transportation-
preferred
General
Share
Company
When
When
Holder $
Payable of Reo.
Per
Name of
Monday, June 28, 1948
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(2832)
48
-
6-10
1" 2
6-15,
7-
6-18
2
Volume 167
Number 4711
THE
of Company
Steel
La
Salle
Extension
4%
preferred
(quar.)
University
,
Lambert
Lamson
Company
&
$2.50
preferred
Lamton
Loan
B
McCord
7-10
6-30
7-
1
6-17
7- 2
6-21
(quar.)
6-21
7- 2
6-15
6-18
6-17
Extrci
6-30
9-1
8-2
■■■
1
$1
6-30
$3
6-30
1
6-18
25c
7-
1
6-10
62 Vic
7-
1
6-10
8-
961/4 C
7-
$1.75
37 V2C
7-15
7-
6-21
7-
6-21
1
7-
78-
10-23
37 VaC
7rl0
*0-30
$$4
7-1
6-
75c
7-15
6-30
6-15
25C
6-30
; 6-15
'
;
.
7- 1
12-10
2-24
$1.10
--
6-28
6-30
v
Ontario
&
(Kansas)
6-11
7-
1
6-23
7-
1
6-17
6-10
6-30
7-16
%
7-20
6-15
7-20
6-15
7-15
6-30
7-15
6-30
7-15
1
6-21
7-15
$25c
6-15
1
6-15
6-30
6-11
7-
1
6-18
6-30
6-16
7-
756
l$;l 50c
preferred
(quar.)
$7c
$4.20 preferred
-
7-
1
6-15
National Supply Co, common
7-
1
6-18
6-10
4%
6-
7%
50C
7-
20c
7-15
V
7-15
7
25c
8-31
,1-16
25c
6-30
6-15
7-
6-22
1
7-
$1.25
7-15
6-30
$1.06 V«
25c
25c
r
7-
4%
!
2
6-21
7-
1
6-20
6-18
Natomas
Plan
7%
Bank
Cafeterias
preferred
6-18
7-1
6-15
Nekoosa-Edwards Paper
10c'
7-1
7-
8
7-
1
'8ti5
7- 1
6-18
Newberry
7- 1
5-31
3%%
n" l
5-31
■
6-15
7-
;'
.
Diablo Oil,
Mount
1
6-
7- 2
62 %C
7-
7-
tx:
-7-
%A-
7-
$1.25
1
7-15
50c
1
'
$1,75
7-
1
6-21
$1.75
7-
1
■
6-
7
6-
7
6-30
0-14
New Hampshire
7-15
9- 2
8-15
New
$75e
$256
7-
7-
5-28
15c
7-
6-15
7-
6-15
6-30
6-15
59%6
New
Jersey Water
43/4%
I 8-30
$1.50
Park
New
6-20
Process
$1.75
7-
1
6-24
6%
$1.25
6-29
6-17
6%
Ne*
8-14
3*'.;
York
3%%
7-15
6-30
306
6-29
6-15
New
7-
Niagara
6-26
>7-1
-
!
6-26
11.50
29C
7-
1
7-
1
6-11
1
7-1
6-15
Nicholson
9-1
8-14
Noblitt-Sparks
6-30
6-15
Noma
12VaC
6-30
6-15
Nopco
6-21
6-19
6-21
256
(irreg.)..
7-1
6-30
6-11
■:;f
Chemical
Electric
shares
5c
—_
$$1.25
Ltd.; 5%
32-
:.■*
11-15
1
7- 2
?
/,r ?.'
.
■■
>
f.'
8-30
8-30
preferred
(quar.) —
Inc., common—
!•: $1.50
1218
12-10
46'
7-15
6-30
37%C
7-15
6-30
-6-11
Myers
(F.
E.)
(quar.).
Bros._*
It
1
v
——■~--
convertible
/«37Vic
6-11
8-30
$1.12Vi
.
6-
7
7
$1.75
>.
6-30
6-
20c
7-15
6-30
The
■
:
1
12%C
7-1
6-15
50C
7-15
7-15
6-30*
7-
1
6-15
7-
1
C%
10c
$1.50
50c
k
1
final
Nation-Wide
Securities
Biscuit
National Bond &
7%
July 10 at $27.50
dividend.*—**—
on
Co,
National
Cash
"756
6-28
6-15
7- 1
6-19
:
1-1'
/
/•
.
(s-aj—
Central
Power
7-1
6-15
e- 8*
Northern
6-30
Northland
—
$50o
7- 2
6-
9
$446
7-2
6-
9
506
6-30
6-18
$3.60
3%%-
8-. 1
7%
6-14
7-1
6-15
7-
6-18
6-30
6-10
'
7-. h
6-
8
1
7-
6-20
6-15
7-
1
$1
7-
1
7-
1
6-10
7-
1
6-15
6-
7
1
7-
6-30
6-25
6-
5
8-
1
6-23
6-15
•nrust
7-
1
10-
1
7-
1
6-11
7-
1
6-11
7-
1
6-15
7-
I
6-10
7-
1
6-11
7-
2
7-
9-15
5S®
6-
8
1
6-18
40c
30c
40c
J5c
\ 6-30
6-14
6-30
6-15
6-29
6-23
50c
50c
§0o
9-10
,
pfd.
87%c
20c
20c
7
20c
75c
7g7
15c
II
Co.—
$8%c
$2
(accum.)
(s-a)
preferred
Power
preferred
6-30
7-
6-
5
8-27
9-32
10-1
1
6-22
7-
1
6- 4
7-
1
6-20
12-23
12-1#
30c
(quar.)—
(Chicago)
1
1
9-20
12-23
,12-1#
1
6-24
7-
7-1
6-24
7-15
6-25
2
6-11
7-
7-15
6-30
6-21
«- 3
6-30
6-14
90C
(Minn.)
Co,
6-20
7-
10-
22J/2c
7-15
6-30
$4.50
(quar.)_.
7-1
6-15
7-
1
6-21
7-
—
(quar.)—
Greyhound Lines—A
•
93%-
preferred
7- 9
quar.jT,
35c
1
6-11
(quar.)
40c
7-
1
6-21
$1.50
7-
1
6-15
(quar.)j———$2
7- 1
6-15
125c
7-2
6-1^*
Northwestern
7-15
$. 2
Co
Y.)—
1
Northwestern States Portland Cement
15c
City Bank
6-30
7-
(quar.)
Northwestern Leather Co. (increased
.
806
Chemical & Mfg.
6-18
7-15
*
——
—
Railway
States
7-15
6-15
National
6-30
,
6-18
933/.ji
J40c
held—
class A„
Ltd,
6-30
National
6-23
6-15
$2.50
75C
—IIIIII77Z
—
7-15
7-15
6-15
6-15
1
Corp.
Refractories
15c
6-30
6-15
1
7-
1
071/r
Class B
15e
AOOe
7-
7-
1
77"
*7—III
Electric
shares
100
North American
Northern
$1.75
(quar.)
6-15
7-16
1
$2.50
I-IIIII I
80c prior preferred
Northern
7-10
———
Co.
each
Finance
prior preferred
prior preferred
406
:
1
2
7-
7——,1—II
Wisconsin
of
convertible
:
6-30
78-
7-
(quar.)*—.
North American Rayon,
6-15
preferred (quar.).—
Register
Casket Co,* $7
6-17
7-IO
$1.18%
5c
$1.75
^Northern Indiana Public Service, common
$0.0147
^———
(N.
>ll-33
re-
—
(New York)-«
Increased
*
8-23
,12-ia
37%C
—;
(quar.)
(quar.)
National Bronx Bank
National
1
80c
•
—
Corp
Ltd, common
6-30
2
$175
(s-a),—_
Inc.—
North Star Oil.
(quar.)—;—--
Share
Breweries,
preferred
Co.
6-17
6-17
Car
American
plus
common.——--
6-12
7-1
-
146
7-
preferred quar.)
issue has been called for
7-1
-
$506
•
this
■; National
6-30*
$1.50
McAndrews
■r
National
r
MCAieer
;
above
demption
0-12
we
93%6
:
—
7%% guar, (quar.)
^Nathan Strauss-Buparquet, Inc.—
6-15
7-
31 Vic
quar.)*
1
7-1
'
i2e
—
preferred A
6-
6-30
Co
for
common
North
80c
Nashville & Decatur RR,
■
;
-
(Hawaii)—
preferred A (quar.)
7-15
$1.06%
*
7 7% preferred
(quar.)—la-.---—
7-31
6-15
$150
7 7% preferred
4.80%
> *<4.80%
I
6-11
*2 VaC
-r
:
,
$1.05
v
(quar.)
9-10
■■■•4
6-15
,
6-17
9-28
System,
fpreferred
6-17
Gas—
&
(quar.)
Corp.
dividend) —
Three
6-28
$1.50
6%
1
1
$3
$3
Mining Corp, Ltd
$1.50
Mutual Telephone Co.
'<
-
Electric
Chemical
(quar.)...
—
6-Vt
7-
1
Corp, common (quar.)
$2 convertible preferred
fquar.)
—
$2 convertible preferred (quar.)
North American Co. (partial liquidating stock
6-10
7- 1
6-13
1
1
(accum.)
Indutries,
——--
506
1
7-
7-
(accum.)
Co.—1—_-H
File
Normetal
506
6-15
7-
7-
'
(quar.)__„I
Co. (quar.)
Weaving, Ltd.—
Wire
preferred
preferred
Mutual
>:•
6-11
756
7-15
7-
22%c
..
Trust
York
6-15
256
6-23*
6-15
5
fl3c
25c
13c
'''
—*—_—
A
State
12 VaC
(quar.).
1
1
5
50c
(quar.)"
pfd.
preferred
A
preferred
$1.50
25C
7-30
7-
7-
Service—
York
New
6%
& Co.)
7-30
7-36
8-15
8-
(quar.T.
(quar.)-..—.——..
v,Pne/Ied, <s-at>
Mutual Telegraph
New
6 %
8%
8-15
8-15
$L50
(quar.)—
?ork & Harlem RR, common
8-14
9-
preferred
preferred
North American
Mutual
7-30
7-30
Chicago & St. Louis RR
6-17
6-15
8-15
$1.12%
-$150
Co, $4.25 pfd. (quar.)—
RR. (quar.)
—
Co, 7%
6-16
6-19
1
7-30
7-30
6-15
—
(s-a),
Mining Co.——
New York
9-3
Co.
preferred
New
6-30
7-
40c
8-15
8-15
Co.—
preferred
Public
Orleans
New
7-2
Ring
8-15
12c
12c
6-30
*
tNew London Northern
:
—
Piston
6-30
$1.06V4
25c
Power & Light, 4%
■-New Jersey
$206
7-1
,
Water
Haven
New
5-28
$1.18%
Muskegon
6-30
7-15
Telegraph
Watch
&
convertible
—
6-20.;
7-1
25c
6-30
7-15
8-
(quar1711111
Fire Insurance Co.
Clock
Haven
4%%
5-28
common
6-21
6-18
(quar.).
Increased
-
5-28
7-
preferred
6-20
6-30'
7-15
$125
6-4
tl.75
7- 6
6-30
7-15
Association—
Electric
&
New England Telephone &
7-1
$306
(quar.)—*
7-
1
Gas
England
(quar.).
(quar.)———
43A% pid. (quar.)
convertible
7-15
6-30
4'
pfd.
(quar.)—.
(quar.)
Telephone, Ltd.
$486
—-•
common
6-30
$150
50c
933/4C
03%c
-
Machine
7- 2
Inc.—
Murphy (G. C.) Co,
Murphy Paint Co, Ltd. (quar.)
Murray Corp. of America, common
4%
preferred (quar.)
Murray Ohio Mfg. Co
7-15
15c
II
5%
6-18
7-15
V-'f'' 20C
•
Mfg. Corp,
6-30
7-15
8-15
_
,t4,/2% convertible preferred (quar.)
New England Laundries, $6 pfd. (quar.)
New England Power, 6% preferred (quar.jT
Mining & Development
"'$7 preferred -(quar.)
Munising Wood Products,
6-11
$17V4c
<
Mullins
'
•"
6-18
7-15
25c
05c
preferred
$20c
6-30
v
New
6-15
t$1.75
t$l-75
Co.—
7-15
8-15
.—.
England Electric System (quar.)
-New England Fire Insurance (quar,)
6-15
,1c'•
Brass
6- 2
50C
25c
(J. j.) Co, common—
preferred
(quar.)
256
6-19
1
4J/4%
6-15
7-
6-15
"
(quar.)
Mueller
(quar.)
Co.
v
New Brunswick
6-18
20c
87 %c
States Telephone & TelegraphIncreased
-r—-
2
(quar.)—
Newport Electric Corp, 3%%
7- I
7-1
1
7.- 1
Newport Industries, Inc.
6-15
7-15
Corporation
Special
Mountain
8
7-15
$256
Co.
6-20
7-31
7-
53%c
47y2o
25c
II
I~I
Newark Telephone Co. (Ohio)—
6% preferred
(quar.)
'
1
.
$1.75
'
6-18*
1
15c
11.75
Consolidated,
7-10
Co.~~"~
(s-a)
20C
(quar.),*—>$5 preferred (quar.)——-
6-15
6-15
8-10
50c
_ 25c
$112%
25c
—
Co.
7-1
Haven),—
(New
1
1
7-
$37%c
(quar.),
,
20C
lc
30c
Interim
7- 2
l.yl
II
(quar.)
4V4% preferred
(quar.)
National
Terminals Corp.—,—,
National Transit Pump & Machine
Co,
$1.22%
—
6-15
7-
20c
preferred
7-
$1.05
Paper Mills, 43A% preferred—
(Phillip) see Phillip Morris & Co, Ltd.
Morrison
6-25
60c
6-
Tea
3.8%
Nehl
-
7-12
1
7-
50c
(quar.)
Co. (quar.)
Tank
/National
V
6-16
7-1
$25C
Locomotive
Motor Finance,
6-15
7-2
'
6-10
m'
A
Morris
6-25
7-1
25c
7- 2
37 %C
Drop Fbrging, common (quar.)
converMble preferred (quar___—--
Morris
■
6-17
7- 2
7%
Morris
•
6-22
1
6-15
Co.
preferred
National
6-19
$750
'••y.
$2
(quar.).
common
preferred (quar.)—
preferred A (quar.)
preferred (quar.)
-Moore
$12.50
4% %
6-18
7-1
"
V
Works, Ltd. (quar.)—
Montreal Refrigerating & Storage, Ltd——
Montreal Telegraph Co. (quar.).———-—
Moore Corporation, Ltd, common (quar.) —
6-10
1
7-2
:'.74 1
20c
97%o
—
Ward & Co,
(quar,),—
^Montreal
6-30
■
•
Standard
National
New
(quar.)
Montgomery
13%C
■;!i
& Forbes, commons,-.*-.
prelerred~(quar.)
McBee Company, common (quar.)
6% preferred (quar.)
MeBrlne Co, Ltd, preferred.' (s-a),—
McCaskey Register Co., common-,——
4Va% preferred —!
6-19
—-
2
7-
7c
(quar.),!
6-25
$3.50 pfd. (quar,),,—
Co. com. (qur.) —
7
8-
7c
"
Shares
National Shirt Shops of Del, Inc.
;
New Britain
——
Co,
3
7C
.—I——I"
Shares
Equipment
Trade
6-30
Utilities
-6-30
$12%C
Railroad
of
Monroe Chemical
4
9-
6c
*,
7-19
———
,
Railroad Shares
6-22
Selected Group Series
.
62 %C
preferred (quar.)——
Monroe Auto Equipment
■
,
.
(quar.)
National Steel Car, Ltd.
(quar.)
National Sugar Refining Co. (quar.)„
(special),—
7%
6-18
7- 1
;
Series—
Series
Stock
•;
Monongahela Valley Water Co.—
5%
30c
Stock
6-15
■
>
Series
7-1
Monarch
6-30
7'•V1
Balanced
Preferred
'
y
6- 4
7-15
12 %C
America————
$25c
Knitting Co, Ltd, common (quar.)
4 Vi %
$$1.12%
preference
(quar.)
Monarch Life Assurance Co.
(Winnepeg)—
'Semi-annual
$$1.80
Molybdenum Corp.
>
7-30
>
Co, Inc, com.
preferred
(quar.).
6-
1
following
sell
ex-dlstributlon on
July 30.
The amounts are preliminary estimates of such distributions.
6
6-16
"
———11—
Trust Fund
6-4
17 %C
Hosiery
Mojud
1
7C
70
10c
Shares
6-30
6-16
7-
3
7-
10-
6C
7c
Series
7-20
—
6- 4
9- 3
12-
$0
10c
I
Stock
Common
8-30
$1.15
25C
Service, common (quar.)——
4.90% preferred (quar.)————
Mohawk Petroleum
(quar.),—-.-——-
1
cn
Series
8-15
Mobile Gas
-
1
1-2-49
The
6-16
l'y
6-30
'
$1*10
Light, $3.90 pfd. (quar.),
Mitchell (J. S.) Co, Ltd. (quar.)—------Mobile & Birmingham RR, 4% pfd. (s-a) —
Modern Containers, Ltd, class A (quar.)
710-
9
10c
Bond
$1.62%
(quar
0-14
are
Shares
Retail
&
1
distributions.
Series
10c
-------—---—
6-
7-
X5c
shown
amounts
such
506
:,7- '1
(7- 1
Co.
7-
7-1
$1
Co.
6- 9
1
10c
of
25c
1
Paper Co.
Edison
6-15
7-15
7-
$1.75
-
Power
$1.25
(quar.)
Milllron's
25C
H
Co, common 7(quar.)—/—
preferred (quar.)
(D. J.), common (quar.)
—
6-30
$1.06
•*
8
6-18
20C
•
Missouri
31'/4C
Corp
BSanufacturing Co.—
convertible preferred (quar.),.
6-30
15C
Missouri
37VaC
Marsh
5%
6-18
5%
o-10
v
6-30
'.
50V4C
prior
5%
(quar.)
7% preferred (quar.)
.
7%C
-
6-25
25c
■
8-20
2%c
6-15
1
:
10- 2
25C
Falls
Millers
1%
7-2
250
.
(quar.)——
1
7-
6-
Speculative Series
6-20
(quar.)
Co, Inc, common
preferred (quar.)
6- 9
7-
25c
$1.25
37VaC
>■„
ex-distribution
sell
The
30.
Low-Priced
6-10
37 Vac
Common
common
Bond
6-14
7-1
56%0
7-15
-
$20c
Co, class A*,*_*_-*,_.
6-15
following
Low-Priced
Mississippi Power, $4.60 preferred (quar.) —
Mississippi Shipping
(quar.)——
—
Mississippi Valley Barge Line (s-a)-,*——
7-
Max. Factor8 &
7- 1
A
4 Vi %
6-11
8-2
pfd. (accum.)
preferred (quar.) —
Telephone, Ltd.—
(quar.)c
Mathieson Chemical Corp.,
7% preferred (quar.)
OlctSs
6-15
6-30
;
12 >/ae
(quar.)
(quar.)—
preferred
estimates
Corp.
20c
4V5r%
June
6-11
Mutual
Oil
Marine Midland Corp
Marion Power Shovel Co., 7%
(initial
6-11
7-1
First
Mission
25c
—
■
7-1
$2
-—*
6-10
1
6-30
;
.1.
Co
Shares
Mission
7-15
New "common^
60o
■;:J
The
Steel
6-15
$3
preferred* (quar-) —u—
Maryland Casualty Co.—
•
$2.10 prior preferred^ (s-a)————-,
\
$L05 convertible preferred (s-a)————
Maryland;Drydock Co.-—
6-11
Radiator
Metal
6-18
$1.75 V-J;7- 1
(quar.)—„—-
*—
50O
7-1
50C
prior preferred (quar.) —
Miller Mfg
L Co., common (quar.)
6
7-
National Securities & Research Corp.
5
Automobile
2
.
————
Realization
8-
9-20
6-28
50c
Marven*s;
National
8-14
6-20
prior preferred
6-18
7-
25c
National Paper & Type Co,
National Pressure Cooker (quar.)
6-10
—
Minnesota
Marchant Calculating Machine Co.
Mar-Tex
6-10
7- 1
7- 2
Montana-Dakota
Marshall-Wells Co., common*,,,——
6% preferred (quar.),,
*
Martel Mills Corp., common
—
6%
preferred * (quar.) „_———,—
7-15
7-1
10-2
$1
6-28
15c
$1.12%
$125
Co.
20c
-
6-30
25c
$1.50
(quar.)I
5% pfd. (s-aj—
Bearing
8- 2
—
—
6-15
G-30
;__f
Motor
National
5
1
7-15
7-
Castings-
60c
$1
•.
Steel
&
Increased
6-18
6-15
25c
Class
(M.) & Sons (quar.)
Marshall Field (see Field (Marshall)
7-15
7-1
Malleable
National
5
6-16
12-
17C
15c
6-10
11.25
—
6-15
'6-15
6-16
12-
7-21
Corp..—,
Lead
$1.10
7-15
115c
— i*W 'mi «. *»mm ■
a*
'
150
preferred (s-a)
Minneapolis-Moline Power Implement Co.—
$6.50 preferred
(accum.)
——
$1
mm.****
Investors
Co, common (quarj
6% preferred B (quar.)
National Linen Service, common (quar.)_,_
4'/a% preferred (quar.)
5% preferred
(quar.)
4
30c
8-24
$2.50
<m m
1
7-1
$1.50
(quar.)
Corp.,
2-24
87 Vac
$1.50 participating preferred—
—
;Mack Trucks, Inc., new common (initial) „
AfacMillan (H. R.) Export Co., Ltd.— 3
Class A
(quar.)—
Class B
(quar.)
Macy (R. H.) & Co.,,
Wading Drug Stores Co., common (quar.),
55c
preferred (quar.)
Jdadison Square Garden (quar.)
Magor Car Corp. ——„,*;*,.
Mahoning Coal Railroad, common
5% preferred (s-a)—*—,,,*„*_„,*__,*
Waltjne Co, 4%% conv. preferred (quar.),
Manhattan Financial Corp. class A (s-a)—
Manning, Maxwell & Moore—
Mansfield Tire & Rubber, common (quar.),
$1.20 convertible preferred (ouar.
Manufacturers Life Insurance Co. (Toronto)
Inc. com.
$1-preferred A Iquar.)
Marlin-Rockwell Corp.
7-
12-15
nil
25c
7-
■"
Lynn Gas & Electric (quar.)
AtacFadden Publications, Inc.—
Parry
6-
6-30
HSr
_•
National
6-10
—
40c
•
(quar.)
Semi -annual,
Market Basket,
7- 1
6-30
10c
11-24
4$1
Lynchburgh & Abingdon Telegraph Co.
Martin
97%0
(quar.)
9-10
$20c
'
•
Bumper
(quar.)
ciass b
.
6-21
10c
pfd.
jiSc
tiKC
tl5c
(quar.)
National
6-30
12-15
Ltd.-—
B
—
preferred
20c
class B (quar,),——
Louisville Gas & Electric (Ky), common—
5% preferred ($25 par)- (quar.)
5% preferred (quar.)„—
—,
Lowenstein (M.) & Sons' —
4% % preferred A. (quar.)
Lowney (W. M.) Co., Ltd. (quar.)
—
Ludwig Baumann (see Baumann)
Lux Clock Mfg. Co.,—
Marion Water Co., 7%
Maritime Telegraph &
Class
6-21
7-
$1.12%
-
Brothers
50c
:<•
i
:
Louisville Gas & Electric Co. (Del.)—
Class A (quar.)———,——
preferred
6-16
—
12-10
75c
7% preferred (quar.)Angeles Transit Lines (quar.)—,—
Power & Light, $6 pfd. (quar.)*,
5%
(quar.)
3-10-49
50c
50c
50c
(quar.)—
Mqple Leaf Gardens, Ltd.—.
1
6-30
$1.75
Extra
11-24
-
$1.10
Los
Corp.,
.
•
6-16
3-10-49
::
8-24
$1.10
Louisiana
Marathon
1
9-10
37VaC
i
(quar.)—_
—.**
Manufacturers Trust Co.
A
Common
6-30
I2V»C
-
15c
—
A
Class
Common
37 Vac
••
Semi-annual
Class
6-11
—
(quar.)—
m
6-20
6-11
7- 1
Inc.—
•Miller-Wohl
class A
6-30
7-1
62%c
6-21
6-30
_
National Hosiery Mills,
Class A (quar.)
87%c
preferred (quar.)
Mldvale Company
(quar.)—
Midwest Rubber Reclaiming Co.—
4V6% preferred (quar.)
Miller & Hart, Inc.
6-30
Loft
/
pfd.
10-20
6-30
j20c
—
60c
—
7-24
117-10
v
Corp.
6-20
—
6-15
37 V2c
-
Cement
6-15
preferred
(quar.)
Mid-Continent Laundries,
Inc
Midland Steel Products Co, common
$2
non-cum.
preferred—
6-10
30c
Locke steel Chain Co. (quar.)——
Lockheed Aircraft Corp. (resumed)-4-~
,' .Extra———:
Star
1
6-30
Michigan Gas & Electric com.,
4.4% preferred (quar.)—
Mickelberry's Food Products com
6-22
.
Lone
Corp, 7%
Disintegrating Co,
preferred (quar.)
6%
?
Long Island Safe Deposit (s-a)
Lord & Taylor (quar.)—
Lorillard (P.) Co, common- M A.
7-
50c
7-22
10-30
moh^I Gypsum (quar.).....—$37vac
National pr,eferred Co
25c
Michigan Associated. Telephone Corp.—
Co.—
Theatres, Ltd.
20c
(quar.),,—
York
Michigan
7-
-
(Marcus)
7-31
A
c.ass
Extra
8
6-
8%
————
Candy Corp.—
London Hosiery Mills; Ltd.
6-10
1
8-15
6-30
15c
Original capital
Original capital ——,,,
O/Jglnal capital ,—^—
Special Guaranteed (quar.)—..
Special Guaranteed: (quar.) —
—
Special Guaranteed (quar t——,
Little Schuylkill Navigation RR. & Coal Co.—
Loew's
5-31
7-
6-30
6-15
$1.75
Class B (quar.1,,—1
—
Lindsay (CI W.) & Co., Ltd.—
6%% preferred (accum.)
—
Lion Oil Co. (increased quar.)-————
Llpe-Rollway Corp., ;class A
$1 convertible preferred (quar,).
Llpton (T. J.), Inc., 6 % pfd. (quar.).
Inc.
& Thermit
Michaels
2
7-20
30c
Loew's
6-15
'6-30
—
$2.40
.
7-1
$300
$1.75
Metropolitan Edison Co, 3.90%
Metropolitan Paving Brick Co
Insurance
Quarterly
62%C
7* 1
1
8-
2c
2o
$1
Erie
10c
Metals
6
7-1
30c
18 %c
6-15,
(quar.)
(quar.),,—
1
7-
$2
6-15
7-1
25c
7-31
$25c
6-18
7-1
3%
6-18
1
& Co, Inc. com. (quar.)—
$3.50 preferred (quar.)
Mesta Machine
Co.
(quar.)
6-19
2
8-
$1.12 '/a
1
7-
$1.25
New
6-1$
7-15
Corp.
non-cum. 2nd preferred
non-cum. 2nd preferred
3%
1
7-
Extra
7-15
2
7-20
7- 1
25c
7-
35c
Merck
6-2
7- 2
$4c
of
7-' 1
$1.50
$1.50
5% non-cum. 1st preferred—..
$2.50
5% non-cum. 1st preferred
$2 50
National Fire Insurance (Conn.)
(quar.)...
50c
National Fuel Gas Co. (quar.)
20c
National Gas & Electric Corp. (irreg.)25c
National Glass Co, common
I2V2C
National Grocers
Co, Lid, com. (quar.).
tl5c
6-21
1
15c
preferred
Acceptance,
Metal
National
3
$1.06 y4
(quar.)—
(s-a)
Bank
6-15
8-
7-15
$1
(quar.)
7%
Merchants
6-15
7-
25c
Liggett & Myers Tobacco, 7% pfd. (quar.)
Lima-Hamilton Corp. (quar.)—.,—,,,
;;;
Stores,
Merchants
'
Semi-annual
1st preferred
5%
6-10
7-
75c
—
Mercantile
6-18
1
9-1;
$50 %c
Telephone Co, 5% pfd. (s-a)
Distillers, Ltd. 6% partic. pfd. (s-a)
'
25o
(quar.)..
Electric Welding
.
Quarterly
Quarterly
National Enameling & Stamping.,.
7-
75c
(qu^r.)—
Mengel Company com.
4V2 %
v
Co.
Melchers
6-18
■
'Telegraph
&
When
Holdem
Payable of Rec.
$11
(quar.)
pfd. A
7- 1
88C
'
(s-a)
(quar.),.
«*•
Meadville
30c
Little Miami RR. Co.—
*'
6-26
7-15
6-18.
4t
National
6-30
5c
Johnson
6-30
t20c
—
Common.
Mead
6-1u
6-30
6-30
35c
& Co, class B (increased)-,
Robblns, $4 preferred (quar.),
&
1
50c
,—
Lincoln Telephone &
Common
(Initial quar.)
Mines
7-15
Realty
Life
Co, preferred
7- 2
$1.50
62 %c
6-21*
(quar.)
preferred
&
50c
*,
s-a)—
H.)
Porcupine
McQuay-Norris Mfg. Co, common
4'A% preferred (quar.),,.
6-30
7-
National City Lines, Inc, $4
National Department Stores
(A. G.)
6-30
25c
preferred (quar.J—
Corp.
Leich (Charles), 7% preferred' (quar.)
Lerner Stores Corp., common (quar.).
4%% preferred (quar.)
—
Lewis Bros., Ltd. (quar.)
Lexington Union Station jCo, 4% pfd. (s-a)
Liberty Loan Corp. (Chicago) com. (quar.)
75c conv. pfd. (quar.)——;
—
Liberty Life Insurance (Greenville, s. C.) —
f
McKee
& Sons Co.—
National
(F.
$250
3.85%
Lincoln
convertible
Mclntyre
40c
participating preferred (s-a)
Lawyers Trust Co. (N. Y.) (quar.)——,
Leath & Company, common (quar.)
$2.50 preferred
(quar.)—,,,
Leduc-West OU Co., Ltd. (initial),——
Lefcourt
$3.50
McGraw
2
37 Vic
6%
Lees (James)
7~1
$$1,50
(special),*
Laura Secord Candy Shops, Ltd. (quar,),,
Lawyers Title Insurance Co. (Va^(increased
8-
6-30
t$l
Corp, $2.50 preferred (quar.)
McCrory Stores Corp. com. lquar.)__*_
(Phila.)—
Monotype Machine Co.
Common
6-30
Share
7-20
Oil Co, Ltd.—
preferred (quar.)—
McKesson
*_
Quarterly
-*_.
...—
Landers, Frary & Clark (quar.),—
Lane Company, Inc.,,—
—_*,.*—;--**.
Lang (John A.) & Sons, Ltd. (quar.),—
Langendorf United Bakeries, class A (quar.)
Class
7-10
Co
(Sarnia, Ontario)
(s-a) _—
Land Title Bank & Trust. Co.
Lanston
4%
.
Investment
&
6-15
(quar.)
37VaC
Co., common
;
25c
(subject to approval)—
10 ft
(quar.)—...
—62Vic
Sessions
Stock dividend
6-30
2 Vic
--
Extra
Jper
Name of Company
payable of Rec.
Share
McCo#Frontenac
6-18
20c
7%c
(quar.)
Company
Holdere
When
Per
Name of
1
7-
50c
.*,*,'
—
Holdert
Payable of Rec.
Share
Co.
Industries.
La France
When
Per
-
Name
Laclede
(2833)
COMMERCIAL & FINANCIAL CHRONICLE
.Norwich &
8%
-
Telegraph
Co.
Worcester RR.
preferred
Nova Scotia
Co
(s-a)—
'
—
Light & Power, Ltd.
'
.
SO
(2834)
THE
When
Per
Name of
Company
Share
/NovadeLAgene Corp. (quar.)
Noxoma Chemical, common
(s-a)
Class
B
Ogllvle Flour
Ohio Edison
4.40%
Ohio
■4
Mills,
Ltd.,
Company,
preferred
;
j
VI
2
6-25
6-10
7-
$1.10
(quar.)
Co., common
preferred (quar.)
6-21
7-
6-15
1
1-1
v
'8-10
preferred
prior
Ohio
Leather
$5
Co.,
convertible
Ohio
quar.)
preferred
1
40c
7-
1
___
1
(quar.)
6-21
7-
1
preferred
6%
6-21
6-16
1
97 %C
7-
1
Ohio Water Service...—
37 %c
6-30
6-11
7-30
6-30
4%
4%
Electric,
Extra
common...
20c
4%
Inc.,
('■7-1
6-22
Potter Company
7-1
6-21
Power
15C
8-31
8-20
$1
7
6-30
6-18
6%
6-30
6-
8
Pratt
......
(quar.).......—.—
Debenture
&
Ste<#i
Products,
Preston East
$10C
7-
2
6-20
$25C
7- 2
Ltd., 4% preferred (s-a).
Procter & Gamble Co., 8% pfd. (quar.)
Propper-McCallum Hosiery, 5% pfd.; (s-a) —
$6 2nd preferred (8-a)r„_
(quar.)
(quar.)
Co.
Ltd.,
—
com.
5%
pfd.
pfd.
Ottawa
5%
6-20
6-15
,
Providence
Gas
8-14
7
Providence
1
6-15
1-
1
6-15
$25c
7- 2
6-
$15c
7-
1
6-
1
$1.25
Pabst
Brewing
........
...
(quar.)
Co.
7-
1
6-
I
...
7-15
1
$5
6-30
6-18
20C
.
..
75c
,
$1.50
Pacific
4%
Pacific
Pacific
Pacific
Intermountain
New
Express
Service
Telephone
&
preferred
Package
Parafflne
(irreg.)
Pure
6-18
Purolator
7-15
6-30
Pyle-National Co,, common
8%
preferred (quar.)
Quaker Oats Co., common
7-15
6-30
50C
6-30
6-18
'V; 19- 1
7-15
7
8-20
:
.....
7;
„m\. iSp'
.
preferred
7-15
7-
preferred
(quar.)
$1
Feller Brewing,
5%%
Corp.,
.....
Reading Gas Co. (Pa.)
Reading Tube Corp.—
6-18
v
/6^30
6-12
7- 1
50c
6-28
6-17
'7v7 75c
7c:
1
Real
7SC
....
Products......
Telephone Co.—
Common - (increased
7
,
5c
8-17
77:
7- 2
Estate
6-2»
.
62 %C
7-
7%
1
10-
6-18
Common
(quar.)
62 %c
1
9-15
/Reed
Common
(quar.)
62 %C 1- 1-49
25c
8-15
12-15
$1
preferred
(quar.)
preferred (quar.)
$1 preferred
Penman's Ltd.,
6%
(quar.)_.
Traffic
Penney
25c
(quar.)
Co.
C.)
(J.
preferred
8-
2-
2
7-
Regal
.7-
9
$1.60
common
7
-
:•
A
$5 preferred
(quar.)
Peoples Credit Securities, Ltd.
Peoples Drug Stores (quar.)
Peoples
Gas
Perfect
Works,
Circle
Perfection
Co.
Stove
30c
■-n-1
/;■:
(Reliable
Permanente
preferred
Perron
Pet
Gold
(quar.). ■ih
$5
preferred
preferred
(quar.)
$4
1st
preferred
$1
preference
,
__
(quar.)
.43.60
preferred
(quar.)
preferred
(quar.)
Phoenix Hosiery Co
Phoenix Insurance Co.
Pick
(Albert)
5%
Pickle
preferred
Crow
Pierce
Pillsbury
Pilot
Mills,
Full
IIH '. '.V
IIIIII
Mills
(quar.)
& Co.,
7-
1
6-19
7-
6-15
.7-15
:25c
J
-8-
1
1
1
8- il
7-15
7- n
6-11
7-20
6-30
$2.50
7-20
6-30
6-30
5-31
6-29
6-18
7-15
7-
1
6-30
6-15
15C
v
6-30
6-15
23 3A %
Common
Pittsburgh
Pitsburgh
Plate
Screw
Glass
&
Pittsfield
it
Plalnfield
Union
Plant
G.), 7%
(T.
___!
(quar.)
North
Co
Class
..
Water
RR.
(s-a)
4%%
convertible
$2.50
1st preferred
(accum.)
L.)
Robinson
Rochester
4VaVo
&
1st
6-10
Rockwood
5%
5%
6-16
6-18
1
6-.18
6-30
6-22
$1.25
preferred
5c
7-10
of
7-
1
7-
1
6-18
'
,7- .l
6-18
•'
7- 2l
6-14
7-
6-14
,7-
1
6-15*
,7-
1
6-15*
Mills,
Corp.
/Rome
47o
2941c
•
J50c
.7-
Ltd.
(quar.)
410c
(s-a)
8%
7%
2
A
,$1.12%
.7- 1
25c
series
7-
-
9-10
(quar.)
$1.25
Corp,,
convertible
.
"
(quar.)__.
7-
9-
.7
(interim)
»
(quar.)
(quar.)
(quar.)_
7- 1
;6-30 /
8-1
7- 2
*J6-30 ^
$$175
t
35c
$25c
$15c
4$1.26
7-2
7-* 2
1
'
$$1.25
50c
$2.50
$1.25
$1.25
$3
50c
25c
v
7- 2
7-7
8-14
6-28
7- 1
7- 1
7- 1
20c'
;
7- /3
6-1C
<6-18
5-31
6-18
6-28
6-£7
6-10
6-10
6-23
7-28
6-28
5c
'
•
6-15
.6-15
6-30
5c
420c
;i
-
preferred
$25c i'
(quar.)
450c
1
Laboratories
35c
7- 1
8- 2
(quar.)^
6-10
'
6-25
"
6-£4
6-15
6-15
6-21
6-14
7-15
7-:l
(initial)—$0.2521
-
6-15
6-15
6-10
6-28
>6-21
6-17
6-30 V
7-10
7-1 ;
7- 1
<
7- 17
7- 1<:
-: 6-30 '
6-30
7- 1 <;
6-28
6-17.,
6-21
6-4
6--1
6-15
6-17
6-18
7-1"
'
30c
(quar.-).,—
6-30
6-30
7- 1
62%c
—
preferred
Co.
7-30
7-20 '
.' 6-30
$2
Ce._—
:-:-7-l'( ■ 6-13
■'■;-16-29 "?[■ 6-15
V 6-29
6-15
Bag
-
Southern
6-18
'7- 1
-7-.1
6-15
> 6-15
../7- I
25c
$1.75
Pipe Lines__^
& Sulphur, common„^.j..
preferred (quar.)_^___——
Advance
7-'1
50c
50c
preferred
>6-15
' 6-10,
6-10
; •
& Paper Co.,' Inc.—
<6-14
25c
6-30
' 50c
6-30
6-14
37'/2c
27c
6-30
6-30
6-^5
6- 5
-
Edison
California
preferred
Original
■■
•
5-24
i 7- l
25c
7593/8C
$20c
-
Engineering—___.
&
Penn Oil
4.32%
6%
6%
1*
Co.—
;
(quar.)
preferred
—
California
Gas
Co.
-
6-15
1
-6-15
..6-10
w-
;
a20%
v
..8-17
4-10
-
.,V* '7- ,1-w .-4-11
30c
•
7-
1
•
6-11
Canada
Common
6-15
'7-;.l
preferred (quar.) s
preferred A'(quar.)
Southern
12-1
1
;7-
$1,25
25c
common
$i.25 '
____A '
common
^
French
&
Tool
6-23
6-23
6-30
7-15
Paper Mills, Ltd.—
Manufacturing
Southern
-6-15
-
Inc.—
preferred
Corp
Extra
1
7-11
s$1.25.
/(initial)
(ordinary)
Corp.,
Quarterly
6-21
,25c ^12-10
1
Ltd.
6- 2
'
'•
-•
-
(quar.)j
(quar.)
Co., 5% preferred
preferred (quar.)
•
/v
" *-
(quar.)-_
preferred
//■Southern
6-19
7-1
7- 1
4IV2C
Southern'Acid
6-19
.8-
15c
(quar.).
(quar.)8outh West Pennsylvania
'
1
$2
6-30
7- 2
_—
:
7-1
$62'/ac
A
Pendleton,
Cable
2
50c
50c
Special
•; $1.20
0 South Pittsburgh Water Co.— 1
4
'
.7 : 4% %
preferred>"(quari)^2i'^i'i^ii_l»ii-'--:fI.13^ ■ ."VfT-W' *';
South Porto Rico Sugar, eommon (increased)
$2
7 *7-1
7
common
Rolls-Royce,
;.v
6-18
8-16
' 6-lB>
6-21*
<
.
5%%'convertible
South
450c
;
prior preference
Roeser :&
New
&
series
'
7-10
;
450c
(quar.)
preferred
Ages
5%
/
7. 1
5c
7
5^
' $1425
?
(quar.)
Genesee
Quarterly
1
6-14
"t.
Valley RR.
Rochester Telephone-Corp.—
6-10
7-
6-11
20c
(quar.)
Cotton
1
7-
6-17
.6-29
,
7- 1
7-1
7- 1
•
&Co., ,Ltd.—r
preferred
7-6
$2.50
(quar.)—.:
V
Common
7-
6-25
9-15
.
7-Vl >;/ 6- 8
7- 1 ' <6-18
,
•
■
5-15 ;
,7-1
20c
6-15
6-30 7 : 6-15
7 7- l M 6-18
7- 1
1. 6-15
/
:10c
iSociety Brand Clothes fquar.)
—__—
20c
■Solvay American Corp.,-<4%
pfd.
(quar.)
$1
Sommers Drug Stores Co., common
12%c
50c
convertible
preferred (quar.)—<
12%c
Sonoco Products Co. (quar.)____i__l_
25c
'
Sonotone Corp., common-tquar.) _^___
;< 10c
$125 convertible preferred A (quar.)
13IV4C
Sorg Paper Co., 5%% preferred (quar,)$1.38
South Carolina Electric & Gas, com. (s-ft)_
'
25c
•
1 /
7-1
;
(increased)
Robertson (P.
$1.75
1
L_
—
Co.—
Power
-
;';6-15
10c
40c
(quar,)„_——
(quar.)
Kline
Snyder
9-15
$1.50
(quar.).
pfd.
B
7-1
7-21
7.
4%
Smith
6-15
.10--1';
O.)
(Howard)
Smyth
1
75c
(increased)
Co.
41.75
$1.75
.
;
v.'-S
Common
Rock
$1
(quar.)__.
&
.7-15
10-
1
<
55c
Paper
Common
7
,i6-19
2
,7-1
41.75
j
6-10
17- ,1
7. 8-
.
$1.75
6%
6-21*
1
'7-1
50c
.
6-21*
.7-
'90c
Products,
(A.
Smith
6-15
8-
$1.37%
7
2
7-1
7
(quar.)
com,
.
6-10
"■ "
-
•' 5c ' *;* 7-1,
preferred
Smith
!
6-10
6-10
7-12
/
7- 1
.
7
12Vic
50c
-
6-10
2
B
7-
$1.37%
$1.12%
15c
Corp/___A._________.
Sinclair
Oil
Corp.
(increased quar.)
•Skelly Oil Co. (increased-)
Skenandoa Rayon, 5% preferred A (quar.)_
5%
prior preferred
(quar.)
Sloan-Blabon, 6% preferred A (s-a)
Smith (L. C.)
& Corona Typewriters, Inc._
6-10
..
7- ,1
$1.50
$1.31%
.>
7-
,
(Robertshaw-Fulton Controls—
6-21
7-
25c
25c
(quar.)
W.)
7- 2
Louis)
6-21
''
<
7- 1 .7>
15c
10c
7V
(quar.)
Mines,
5%
7-15
7- 1
(quar.)^__
Inc.__.
(quar;)__
Association
preferred
-Simplex
9-10
«-
25c
(quar.)
Products
fi-20
25c
(quar.)
(quar.)
Works,
8-2
25c
-
Inc., common (quar.)
.5%
preferred (quar.)
{Riverside Silk Mills, Ltd.—
$2 participating class A (quar.)
6-16
15c
15c
..
•8- 5
25c
Bolt_"__
Adams
7-15
,
Co.,
$1.75
(quar.)
preferred
8- 2
common—
preferred
Water
53 %C
__
Pittsburgh Ft. Wayne & Chicago Ry. Co.—
7%
,
6-18
7.-11
v
,6-10
«
''
(quar.)__
preferred
(H.
Extra
;Ritter
6-30
Ltd.—
American deposit receipts
(final)
Pitney-Bo.wes, Inc., *4»A% ,pfd. (quar.)
>•(-,
7-15
.
6-30
62yaC
t(quar.)
Metal
Rickel
6-15
6-30
Inc.
-Brothers
Richmond
15c
~
Johnson
6-16
$1
"
)".
2nd
(6-18
•40c
(guar
2nd
7%
7- ,1
1
6-10
(quar.)
preferred
•Richmond
$10c
.7
preferred
7%
1
20c
Extra
Pinchin
6-
1st
1
7-
50c
Ltd
7%
»6- 1
:
6-30
1
(quar.)
iRhinelander Paper Co.
(quar.)
Rice-Stix Dry Good?, common (quar.)
7%
1st preferred ■ (quar.)
!
6-18
>6-30
6-8
7-
6-t5
'
6-29
$1.25
Co. (quar.)
Ltd. (s-a)'Silver Syndicate. Inc
—
—_______
7. Silverwood Dairies, Ltd., class A (quar.)—
5% preferred (quar.)
/Silverwood 'Western Dairies^ -Ltd^-—
6-25
7-1
115c
8%
8igma
6-16
15c
common
Brothers,
6-30
6-15
'
•.
-
Sick's Seattle Brewing & Malting
6-25
\
6-8
/
&
6-25
7- -1
_
(quar.)__
'Sherwin-Williams Co. of Canada, Ltd. (quar.)
7% preferred (quar.)
Shuron Optical Co.
(quar.)_——__—
-<8ick's Breweries,
Ltd. (increased quar.)
6-21
/(Reynolds (R. J.)
3.60% preferred
6-18
7- 1
41
Mines,
Fashion
7-1
90c;
Co
$4
<6- <1
1
37 %c
(reduced)
1
7 7-1
preferred (quar.).
Tobacco Co.—
;
1
933Ac
(quar.)
1
,7-
V 7- 1
5'/2% -convertible
;Rieke
(s-a)
Gold
Governor
7-
:6-
preferred
Corp.,,
/Reynolds Metals Co.,
Co.—
.
Co.,-common
Reymer
<6- .1
50c
4%
12-
&
A
6-10
6-30
6-30
7- 1
$1.12%
Manufacturing Ccrp.
1st* preferred (quar.)7_—
43A%
8-13
11-12
87'/2c
25c
prior preferred (quar.)
Copper & Brass, 5'A% pfd. (quar.).
Revere
•s: 6-30
7-1
25c '
(quar.).
1
<s-a)
Candy
(quar.)
class
1 ' 7- 1
$1.75
$1.50
-25c
(quar.)
preferred
6-10
'
" * I ';"
•
Shellmar
$1.12%
•
dheller
-
9-
31 %c>
6-24
6-24
1
h
^^
-Sheep Creek Gold Mines.rLtd._7~_:——'
•
convertible
6 -1.4
7- :i
$1.25.
(quar.)
common
6%
6-15
$4
A
3
7-1
'
75c i-'
(quar.)
>
"Extra
v
-
(quar.)
Corp.—
Shawmut
-
Extra
6-10
;
6-30
77
convertible
6-10
1
7-26
•62%c
preferred
Philip Morris & Co., Ltd.,
7-
-6-30
30c
•_
(quar.)
Title Insurance
Corp., 3%%
7- 1
$1
^Republic Steel
1
41
preferred
Philco
•6-
4.1,12%
Philadelphia Suburban Transportation
Philadelphia
7-15
7-15
.preferred
Republic Pictures
'8-13
41.50
•7
(quar.)
common
7-30
.25C
_
Philadelphia National Bank (quar.)
Philadelphia & Reading Coal & Iron
5%
6-19
15c
preferred (quar.)
Electric Co., common ,(quar.)_
Philadelphia
6- 4
87 %C
2nd
non-cum.
2
8-31
30c
Philadelphia Dairy Products Co., Inc.—
$4.50
'6-11
7-
$1.25
preferred ,.(s-a)
(quar.)
$6
6-
40c
Republio Investors Fund—.
.8% preferred -A ,(quar.)
6% preferred B (quar.)
/Republic Petroleum :(quar.)_
8
7-1
$1.11'A
....
Corp. of America (irreg.)
(Chas.) & Co,, 3%% pfd. ;iquar.)..^
.Philadelphia Company, common.
Pfizer
'
•
1
7-
"
,
7-
10c
12-10
~
Corp.
(St.
Water
preferred
4%
6- 3
7-15
7-10
7-10
common
Secord
Shares,
Company,
Shawinigan
16-I8
1
^35c?J
....
Textiles, Ltd., class A (quar.)
Motors, Inc. r (quar.),
Reo
6-21
•6-30
25C
7:
Petroleum
non-cum.
6-
1
41c
Co., common (quar.)
4%% /preferred .(initial)
7-
12-31
;;
convertible preferred <s-a)___.
Shaler
-
65c
(quar.)
Shamrock Oil & Gas Corp; .(quar.)
Sharon Steel' Corp,_^
___:
6-15
6-30
Service
American
Seven-Up Bottling
6-15
1
2lY*c
(quar.)
/Renfrew
6-30
26c
Milk
5%
6-15
25C
Ltd
$4.50
6-15
1
.7-15
41.75
....I
1
7-15
7-
;
20C
(quar.)
1
7-
preferred
'6- 9
•
7- 1 >: 6-19
7-1 v/i:6-19
6-30
- 6-10
20c
Industries, $5.50
Servel, Inc. $4.50 pfd.
5%%
7- 1
;;
-r/
40c
.»«" -
Selected
6-24
,7-
A
9- 1
$2.50
General—
prior preferred
'Seismograph
6-15
6-4
^'7- 1 ^
.
30c
Stores
Reliance
Mfg.
Co.,- 3'/2%
pfd.:'
^Remington Rand, Inc., common
6-15
7':
37 %c
,
.....
Mines;
7-15
7-
425C
:
Metals
Co.
7-1
40c
(quar.).
Cement
Permanente
>
7%
7- 1
7- 1
7-1
•
t40e
& Co., $1.25 prior pfd.
Corp. (quar.)
/Reliance Life Insurance Co. of Pittsburgh—
Quarterly
.'
6-10
/
(Robert)
Quarterly
.6-10'
7- 1
7-31
$1.37% -:S
(quar.)
Co.
6-15
.
class
4%%
-Selected
(Reliable-Fire Insurance (Dayton, Ohiol-r^V'-
$1
Light & Coke
$1^5
$1.75
$1.183A
$1.12%
preferred
preferred
5%
;
$40c
,Rels
:$1.25
■;:v-
7-
/V
(quar.)
Laura
7-17*
6-14
8^13
•
(quar.)
see
7-tr
'
7-1
91'Ac
833Ac
15c
Corp.,
Corporation
MLaura)-
*
85c
50c
Inc.—
preferred
7- 3
8-1
8-1
..$2.50
Acceptance
preferred
7-15
27%e
preferred
5%
6-16
1
,
(Seeger Refrigerator^ Co.
Seiberling Rubber Co.— -
6-1
preferred (quar.)
pfd. (quar.)
6-17
-
6-16
1
7-
25c
;
Co.
convertible
Secord
6-17
.
'ib-iii
53c
(quar.).
1
6-15
share will be
•6-11
:
(annual)
7-30
3%
1-1
1 •'
(quar.)__j_i^
$6
(quar.)
Second National Bank of-Philadelpha
6-15
■■■,,
7- 1
87 %C
,
9-
25o
per
$7
6-15
8-16
25c *
7-1
$1.60 non-cum.
5%
6- 4
,
9-15
7%c
40c
$1.12%
(quar.)
Pennsylvania Telephone Corp.—
$2.10
preferred
(quar.)
Pennsylvania Water & Power, com.
Peoria Water
non-cum.
7-1
7-1
.
25c
15c
$2.60
•
-
7- 6
6-19
"
7- 1
50c
Company—
Air Line,
preferred
6-19
6-10
:
6-30
,
.$1.25
Corp. <quar.)_—-
Vandervoort-Barney,
$4.50
7-1
dividend)
of
&
1
1
Co.—
(quar.)
series A preferred
5%
-7- 8
^
rate
(Ed.)
Scruggs
■
6-11
u
:40C
(quar.)
preferred
the
at
17y2c
5
(quar.)
^Seaboard
1
((increased)
(stock
Co.
(quar.)
6-19
7-15
7-
'50c
preferred A (quar.)
Scott Paper Co., $3.40 preferred (quar.)__
-Scovill Mfg. Co.', common.^.*....3.65%
preferred (quar.)
Scranton Electric Co., 3.35% pfd. (quar.)
1
6-10
7-1/
(quar.)
-
Shoe
Atlanta Ry.
Sugar Refining
Securities
8%c ;V
Co.
Inc.
&
preferred
pfd.
70c
6-15
.
1
7-
25c
-
(quar,)____
com.
Co.,
30c
,
(quar.)_,
common
Works
Mfg.
••
7-
40c
6-14
paid,in lieu of fractional shares.
Regent Knitting Mills, Ltd.—
6-10
Pennsylvania Salt Mfg.—
3 % (lo
Bit
Bros.,
Cash
2
7-26
Roller
(quar.)
5% %
-C
(quar.)
$1.25
(quar.)
com.
Savannah
v
(increased)—
common
6- 9
Common
~12'kc.
7- 1
$3'6^30'
(quar.)_
Extra
8
0- 1
A
Reeves
••
7-15
15C
(quar.)
Pennsylvania Power & Light,
41/2 %
8-16
:60c
_
Pennsylvania Glass Sand Corp.,
preferred
8
iReed
5
2-15-49
$$1.50
(s-a)
Company
Pennsylvania Co. for Banking & Trusts (Phila.)
Quarterly
5%
8-
11-
11-15
$75c
(quar.)..
common
preferred
Penn
25c
Corporation
Drug Co.,
Class
Inc.,
Water
Schuster
50c
$1.50
(quar.).
,7- 1
.
-_
Bros.,
Jose
5%
60c
-
6-17
$$1.06
:
•
75c .v:-V:6-30
Co.
7- 1
50c
Insurance
preferred (quar.)..,
4%% preferred A
Electric
8an-Nap-Pak
25c
Red Owl Stores,
quar.)
,Reece
$1
Title
tquar.)__
'Securities
15c
(quar.)
1
Association,
8- 2
>03%c
f
A
Loan
6-12
87%c
(s-a,,
class
pfd.
4%%
Extra
Sanger
25c
;Real Silk Hosiery Mills
6% prior preferred (quar.)—
■
-(quar.)
participating
1
7-
(seml-annuali
Sangamo
'
1st
preferred
(quar.)___
Raytheon Mfg. Co., $2.40 conv. pfd. (quar.).
Reading Co., 4% 2nd preferred (quar.)
6-15
-
7- i9
.68V
Metal
Peninsular
777-
$1
(accum.)
common
preferred
Peninsular
pfd.
1
1
Ltd.,
Remedial
8-31
$2
$2
1
Power,
$1.50
•
6-10
6-17
7-
41.25
$1.50
,1.
7- 1
25c
25c
,
•Seaboard Finance Co., com. (increased quar.)
,
...
6-15
(quar.)
(quar.)
6-18
6-18
Rapid Electrotype Co. (quar.)
Rayonier, Inc., common (quar.)
2
6-15
77-
.
5c
Patino Mines & Enterprises Consolidated, Inc.
American
shares
(increased).
$3
7-
2%c
convertible
"
quar.)_t__
common
Francisco
Ltd.
6-4
6-30
Lighting—
&
(initial
•'
7-1
50c
Heating
Stores,
preferred
8^3
11-29
£1.10
7- 1
7- 1
7-10
,
25c
(quar.)
...
Car
com.
(quar.)
Corp
7-1
.
.10c
(quar.)
preferred series A
7-10
100%
$1.25
(quar.)
(quar.)
preferred (quar.)..
.Radio-Keith-Orpheum Corp.
;Ralston Purina <Co„" 3%%
pfd. (quar.):
6-14
$1
(quar.).
Inc.
1st
Royalty
6-21
...—...
7-16
-7;
pfd.
conv.
Products,
preferred
$3.50
6-15
7- 1
$1
(s-a)...__
preferred (quar.).
conv.
4%
1
5%
Co.,
rRadio Corp. of America—
6 *
15C
Refining
•
Pathe Industries,
Pemco
7-
7-
Line
4%
Chemical, 5%
Common
50c
"'4400
■
6%
'
dividend
-6-I5*
1 ',jC
.
6-23
$1
6-30;
''r. "'x;-':''.':"*,
Co.—
7-15
Timber.....—
6-19
...
(quar.)
Inc.,
Cos.,
&
6-30
40C
Producing it
Stock j
Oil
Pulp
1
$1.50
...
Pipe
Sound
6-28
?
6-19
12-15
:
San
6-1
6-11
6-21
6-15..
7-1
50C
6-30
7-15
7- 1
.
-
50c
6-15
1
7-
41.25
5%
,
6-15
6-30
\
$3
$1.50
(quar.)_„_^—
Paper
Schwitzer-Cummins
7- 1
8- 2.'„>
> 7- 1
4$1.75
(s-a)
preferred A
Regis
New
6- 1
6-30
6-23
6-30
9-15
Safety
'
common
6-15
.$1.25
Safeway
•
(quar.)
Corp.,
$1.50
.
Tubes,: Ltd
preferred
6-21
Co.—
(quar.)
Eastern
Panhandle
Park
Telegraph
7-
•
...—$1.75
voting (quar.)
50c
.7% original preferred (quar.)
i. $1.75
Puget Sound Power & Light Co.~ ;
• 1
1
.$5 prior preference (quar.)
$1.25
preferred
7-15
Machinery
Panhandle
%
1
i;:;7-'Ic'..:
22c
Corp.
.7%
•
1
8- 2
(quar.f
4.40%
V!:
redemp-
7-
440c
-
5%
-
.:
•
$1.25
1
(quar.)
preferred A
St.
7-1
6-30
$1.25
being called for
7-31.7-16
:
________
Savannah
(quar.)
issue
June 30 at $110 per share.
on
$1.25
(quar.).
(quar.)
(quar.)
Oil
Corporation
Page-Hershey
1-
above
7-31
5%
" V /
Gas—
6-11
7-18
Louis San 'Francisco Ry•;
■St.
6-18
7-1
$1
(quar.).
'
-
Mills, Ltd., com.
preferred (quar.).^..
Bridge Co., 6%- lst pfd. (s-a)
Saguenay
,
6-13
25c
(quar;)
2nd preferred
Louis
National
San
'
A
Flour
; ■' 6-21
6-30
(quar.-,50c
Light & Power—
6-23
.
.7- 1
(quar.).
common
6-10
.6-21
7-1
t$1.75 '* / 6-30
-
Stockyards
6t. Louis Rocky/ Mountain
-Pacific
6- 7
1
______—
Inc.,
1
7-1
7- 1
6-30
'
m
(quar.).'. ;.'J17%c
common
7-
"
Louis
St.
6-14
7- 1
50c
7-15
,
preferred
3%
V
Y.)—
Ltd.,
(quar.)
preferred
7%,
6- 9
'6-15
-M-j7m 1
$2.50
...
(N.
Oklahoma—
Electric &
preferred
tion
Publication
6-25*
7-15
A
Co...
Trust Co,
>
of
preferred
Puget
(increased)
Pacific Western
Packer
50C
'
r
&
20C
Co.
4%
50c
7,'
1.B.0C
$5 preferred
6%
6-15
Co.—-
Pacific
Common
6-18
1
...
Pacific Lighting Corp.,
Pacific
\L
7-
(initial)
common
Public
7-
/50c v
(s-a).
.......
Pacific
:
37 %C
...
Telegraph Co.
Gas & Electric
(quar.)
Greyhound Lines..
Indemnity Co. (quar.)
Bank
Co,
Service
This
;
Atlantic
£t
RR.
Worcester
&
Service
Public
7-
Pacific-American
Investors, Inc.—
preference
(quar.)...
—,——.
25c
Helena Rubinstein)
(see
Foods,
Lawrence
St.
6-18
6-18
$2.50
$2.50
.,•< 71
J3c v;; ;7- 9
16c
7- 1
30c
^6-28
Quarterly
1
Public
(quar.)
preferred (quar.)
Paper Co
Co
National
Public
Heat & Power Co., Ltd.—
Oxford
•
Washington Insurance
/Providence
.7-
7-15
7-1
7-15
7- 1
Fine
Joseph
St.
7-9
'7-15
7-15
'7-1
83Ac
Works
Industries,
convertible
5%
•
6-21
6-15
6-1
-,6-25*
7- 1
$$2
$2
1'—
Proprietary Mines;
7-15
7-15
25C
(quar.)
Ltd.—!
7-15
8-14;
$1.12%
(quar.).
iquar.)
Railway
2
St.
,
6-25
6-25
7-15
17V2c
(quar.)__^
common
Chemical
W.
&
4%
-
••
$l%c
,
& Co.,
,8-14
,
$$1.75
Oswego Falls Corp., 4%%
Common
7-
$$1.25
(quar.). ■■'7'r.V $25C :,;7
Dome
'
Ltd....,
Mines,
6-11
6-20
Bros.
S.
6-15
7- 1
7-1
56'Ac
(quar.)
1
2
Price
6-21
Payable jof Rec.
50c
(quar.)__
preferred
Holder»
Wh"n
Share
.
„
Sabine
7-
425C
Electric
preferred
—
7-
Extra
Ottawa Light,
4'/2%
(quar.)
5%
7%
;
(Jacob),
4%%
preferred
(quar.)
$1.12%
Berg Fund, Inc._^^/—v v 25c
(F. C.)
Company, common____^.__._ .:;
50c
preferred > (quar.) ___:
....
$1.25
Russell
Inc.—
Co.,
$2
7 %
preferred (quar.)
O'Sullivan* Rubber Corp.,
Car
Steel
$10c
preferred
conv.
Loan
Pressed
....
Products
Prentiss-Wabers
6-16
Inc
(quar.)
,
Participating
6-16
6-16
__
Lambert,
6-30
6-30
„—■
of Canada, Ltd., common__i__
preferred (quar.)_.„_
non-cum. partic. preferred
(quar.)—
6-30
$1.50
(quar.).....
...
.
\
<45c
.7-15
6-30"-.
31%c
6-30
6-15
22%c
6-30
J 6-7
"/■ 45c
7--1' '/(' 6-7*
20c '6-30
6-10 ■
i30c '
7-31
6-30
$$1.50 7-15
-6-18
$75c
7-15
6-18
75c
7- 1
6-11
,20c
7- 1
,6-20
(quar.).....
(quar.)..
common
1st
&
6- 1
'
Per
'.
: i
(increased
Ruppert
^Russell
<6- 1
6- 7
6-30
7- 1
7- !
:.
■
,
Corp.
6%
Corp.,
A
•-
♦
„
Steel
Rubinstein'(Helena)
5-25
k'7- 1
10c
$1
common
Ltd.,
Extra
Power,
Class
6-18
;.v7- I.;
<62%C
(quar.)...—...
pfd.
Co., 5%
preferred
10c
preferred
8%
Supply,
;
3.60%
20C
(quar.)
(quar.)
Corp.,
Beauty
Ontario
6-18
....
preferred
Ontario
1
"
A
Inc., common
6%
7-
30C
pfd. (quar.)'..
Co., Inc
....
common
Extra
Omnibus
Electric
(special)
Corp.
Ontario
Transit
Potomac
$1.25
.......——.
preferred
Omar,
Portland
6-18
50c
—
Industries,
6-30
1
Rothmoor
'
Russell
$1
(quar.).
Electric
General
Portland
6-30
7-
$8.75
...
(quar.)
Old Town Ribbon & Carton
Oliver
,7-20
preferred
7-1
•'
$3
'—$3
5c
(quar.)
non-cum.
$5
(initial)
Insurance
■Old Poindexter Distillery, 5%
Olin
6-15
7-15
$1.38%
(quar.)
preferred
Colony
'
it
preferred
5'A%
Old
Gas
—
Pocahontas.....
Common
65c
Oklahoma
(s-a)...
<H.
Porter
Electric
Rotary
;
K.), Inc., 5% preferred (quar.).
Port Huron Sulphite & Paper Co.—
1 -
7-
Name of Company
6-30
6-15
6- 4
7- 7
$1
....
Creek
Pond
'
.
€-15
7-15
7- 1
.6-28
XXVkc
,
& Sons Merchandise Co.—
Co
Mining
Holdern
1
;Rumford
Inc...
Co.,
preferred
Polaris
$2.50
Mississippi
_—-
(quar.)
Fuel
7-
;25c
J5c
50c
.
—
Common
Telegraph Co. (annual)
Ohio Public Service. 3.90% pfd. (quar.)
&
—i——
+
Poindexter (H. T.)
6-10
$1.25
—.
Co
.Pocahontas
6-21
.7-
$1.25
(quar.)
common
1-
Tool
7%
6-10
7- 1
60c
5%
Plomb
When
•
50c
Monday, June 28, 1948
.
.
■
Share' Payable of Rec.
,
,—
Plough, Inc, (quar.)
%
Plymouth Oil Co. (increased)
(Pneumatic Scale Corp., Ltd.—
'
;
25c
,$1.12%
>
planters Nut & Chocolate Co.__
6-21
6-30
50c
...
Name of Company
6-21
6-30
„
425C
(quar.)..
common
common.—.
1
6-30
30C
Finance
% %
7-
30c
(s-a)
Per
Holder»
Payable 0/ Bee.
50c
FINANCIAL CHRONICLE
&
COMMERCIAL
Power
(quar.)
"
—-—
Co.,
■
Railway Co.
'
non-cum.
preierred
Southern
5%
Southwestern
5%
Gas
preferred
&
'
8-16
t30c
,
participating preferred (quar,)
Fire Insurance (Durham, N. C;)—;
Quarterly
.'
/
Southern New England Telephone,.—
$$1.50
6%
Southern
*,
'7-15 '
7-15'
37%c
'37%c ^
6-30
6-30
Ltd.—
:
(quar.)
6-18
'
6-22
>6-30
w
25c
$1.50
.
—__
7-20
7-15,
7
,
>
■
6-29
7-15
.
.
;
.
fl.25
$1.25
7- 1
;8-13
0-15
Electric—
(quar.)
.
.6-15
Volume
Number 4711
167
THE
Per
Name of
Life
"
When
Insurance
Public
Service,
preferred
(quar.)
3.90%
preferred
preferred
(quar.)_________
prelerred
Speer
Carbon
Squibb
(E.
—.—
—
(quar.)
—v.„
(quar.)
—
——-—
R.)
Corp.
(increa ed
s-a)
fquar.)_
com.
Factors
Corp.
prelerred
&
—
of
Ohio,
Standard
Radio.
Class B
Standard
Silica
Standard
Stoker
Class
.
'
a
Class
.
'pfd.
B
Starrett
6-30
Underwriters Trust Co.
6-30
Union
':'
Steel
of
Co.
7%
Products
4Vi%
-
8-
:."7-
Oil iCorp.,
Sunray
',4y4%
Canada
M,
-
$1
7-.
-
Suhshlne
Mining
Co.
Superheater Co.. (quar.)
Superior
Portland
Siiiierior
Steel
15c
».—25c
—
<quar.)_—1——
Corp.
7-
Ordinary
(s-a>
(s-a>—
America, Inc.———
Sweets
Swift
Co.
&
Company
Sylvania
$4
of
B
preferred
7i-
Gold
Syivanite
Mines,
Ltd.
Tacony-Palmyra Bridge,
Class
%%
A
Talcott
(James),
.Extra
4Vi%
Tamblyn
»
Inc.,
.x—
7-15
f.i—f
preferred
preferred
(quar.)
preferred
Theramatic
Thomaston
6-15
Carbon
1
6-10
6-
6-30
8-
2
7-10
7-1
6-16
6-15
50c
10-
Corporation
—25c
*■-+-->--*-**■.;50c
_————•—
—
1-49
,
.
6-25-49
"
'
6-21
6-30
6-10
Quarterlv
Title
&
(New
$4.50
Tcfbln
Guarantee
Mortgage
Orleans)
Toledo
Edison,
Brothers.
Toronto
$0c
Iron
partic. class A
7-2
6-1
7-
8
6-23
9-30
9-10
Co.
(quar.)—
(quar.)_—
—
7-
2
115c
6-15
4$1.25
7-1
45c
7-1
20c
7-1
coi
r—
50c
7-15
6-30
—
20c
7-
6-is
—
—
Towle
Manufacturing
Towmotor
Corp.
Co.
—
(initial)
«————
6%
Inc.
:
11.75
7-
I
6-15
Westmoreland
Water
22(4c
7- 1
6-15
$1.25
6-30
70c
9-20
A.'A;5% preferred
Weston
•
6-23
*7ftO
'•-^r
8-21
V
.
12-20
8-31*
50c
-
•*
•A'Wheeler
7-
1
1
50c
6-15
7-
6-15
"
25c
93%C
7-1?
7-
7-
1
75c
8* 2
6-15
50c
7-13
7-15
6-30
6-10
17(4c
A 7-15
6-25
'
50c
10c
.
-
$0%
6-30
6-
6-30
6-19
7-15
V
60c
7- 1
4
Km 4:
6-21
25c
6-30
8-
2
b-
2
7-14
7-
1
6-16
>6-15
7-31
6-30
S3
(quar.)$1.12(4
6-15
6-
Winnipeg
6-15
1
1
5%
A
7- 1
6-30
6-
7- 1
62 (4c
—62(4c
A
25c
:
$2
10-
1
10-21
v
7-
20c
1
Wood
8-30
6-10
Woodley
—
Woods
-
'
$1.25
*
9-10
12-10
9- 1
12-
7*
1
6-15
t25c
7-
2
7-
2
6-26
6-16
6-30
6-19
$1.50
25c
37(4c
7-
1
,
A 6-18
7-30
*
—
•
7-15
2
75c
$2.50
6-30
7-15
6-30
9-20
9-10
6-15
35c
————
7-20
35c
A;
10-20
-
(quar.)
York
Corp
(s-a)
•
7%
6-30
6-25
2c
7-
1
1
Co.,
7-
7
1
56 Vic
(J.
•
■'
6-30
5-14
100%
7-15
6-15
$1.50
7-31
A 7-15
8c
(stock
6-30
6-10
7-
6-10
dividend)
(quar.)__
L
7-
5-14
1
l
'.i
6-10
25c
7-
1
6-14
7-
1
8-14
6-30
6-15
6-30
5-31
(quar.)»_
$50c
A
10c
I
'
50c
(quar.)
6-29
6-14
50c
6-28
6-16
$1.25
common '
6-28
6-16
$40c
7-10
6-25
7-
5-27
___
quar.)
}4c
2
;
7- 1
:
6-19
new
in
tax
30%
7-31
7-24
7-31
7-20
7-
1
6-15
25C
7-
1
6-
8
56 V»C
7-
1
6-
8
(s-a)
$20c
6-30
645
$$3.50
6-30
6-15
$$3.50
(s-a)
6-30
6-15
common
75C
7-
1
6-15
$1.75
;
7-
1
6-15
6-30
6-22
15c
closed
for
funds,
resident
income
Jamaica
6-10
12 Vac
(quar.)_,
15%;
7-19
1
25C
(quar.)
Canadian
British
2
7-
37VaC
preferred (s-a)
S.),
8-
25c
tPayable in U. S. Funds, less
xLess
6-25
,
6-30
(s-a)____,
not
Less
1
$$2.50
(quar.)>__
books
a
6-23
6-15
7-
•
(s-a)
tax
tax
7%.
tax.
income
this
15%
6-16
7- 1
6-
6-14
(reduced)
common
preferred
resident
6-25
2
1
common
preferred
preferred
$Payable
6-18
7-
6-23
*
1
7-
Car
,
1
\'
7-
Co
•Transfer
•
7-
7-
$1.06 Vi
(quar.)
(quar.)
Steel
5-29
"
6-21
7-30
.
$50c
(quar.)
Youngstown
5-29
40c
2nd
Young
5-29
6-30
pfd.
Knitting Mills, Ltd.,class A
1st
•••
$1.25
(initial
preferred
7%
6-18
A
8-16
$2
com.
Co.
Mfg.
Corp.
7%
5-29
6-30
6-30
15c
$1.37(4
$3.50
;
6-30
30c
Ward
A-
3
1
25c
Cab
4%%
York
7-
6-30
25c
Corp.,
9
6-18
6-18
"
conv.
Yolande
7-10
10-
62 Vac
'
$4.25
Jr., Co.—
Towne
Yellow
6%
(quar.)___
Terminal
&
1
1
$1.12 '/a
Monthly
Yale
•
77-
:
-A; Monthly
6-30
8-
Co.
Co.
preferred
6-30
6-30
25c
Lothrop,
(Wm.)
4
7-15
:
A
'
Combing Corp. of Canada, Ltd. (quar.)
Wright-Hargreaves Mines, Ltd. (quar.)
Wrigley
10-22
(quar.)
(quar.)
Wool
Corp.—
(accum.)
5%
1
6-18
7-21
Co
Ltd.
6-21
40c
87(4c
——-
r.
Co.,
8c
'
11-
15c
Petroleum
Iron
6-10
$$1.25
*
pfd.
(quar.)
Woodward
6-14
10c
8%
preferred
Steel
Mfg.
6-
1
20c
(quar.)
Woodward
1
7(4c
(initial)
4
(Alan)
1
7-
.
75c
common
6%
5% preferred
6- 4
$1.06 V4
preferred
Extra
r 7-16
1
,
,
30c
Grocery, 4Va% pfd. A (quar.)
Co.
6-15
*8-1
$1.25
(quar.)__;
Co.,
Investment
U-
C
77-
75c
t25c
Wiser
9-20
1-2-49
'7-
$1.75
Motors, Inc.—
non-cum.
Oil
6-10
,
(s-a)
(quar.)
Co.,
Bakers, Inc.
;
1"
6-10
6-30
50c
Sewing Machine
Electric,
6-19
82(4c
•
6-15
6-30
12VaC
y
com.
Wisconsin
5
1
15c
(quar.)
Winters & Crampton Corp.
7- 1
—
(quar.)
(quar.)____
Company, Inc.,
6-30
t2(4c
8-10
7'
$1.25
preferred A
Winn & Lovett
V- 2
25c
Wilsil, Ltd. (quar.)
7-15
640
•*25c
Ry.
Candle
&
6-15
7- 1
25c
Baumer
Wilson
9-17
1
$1.50
(quar.)
7-
20c
1
4mm*
(quar.)__
Oil
Gibbs
conv.
1
7-
$1
Co.
$4.50
6-24
10-
14c
Willys-Overland
7-14
25c
(accum.)
Oil
Will &
25c
(quar.)__
&
I
a-1
25c
-
com.
Stores, Inc.
Wilcox
11-
7-10
Mfg.
preferred
Wilcox
11-15
8- 1
$1.25
common
preferred
fp $6 preferred
$4.25
1
50c
Fund
River
Wieboldt
1
2-
$1.-25 2-16-49
6-25
A
11-
Co
non-cum.
Wichita
11-15
$1.25
-
com.__
(quar.)
Cement
A A* 7%
8-1
8-16
,
846
(quar.)
Corp.
pfd.
.'Whitehall
preferred
&
prior
Paper
6-25
6-18
745
$1.25
^
Erie
7-20
7- 1
7-
'
preferred
Lake
Whitaker
6-14
>8,75
-
Warehouse
&
7-20
8-
75c
Co., $6 pfd.
Co.,
Whitehall
.
847
75c
(quar.)
Mfg.
convertible
$5
$2(4C
Shoe
Wheeling Steel
•
*;648
6-18
7-
31V4C
A;
(increased quar.)
Wheeling
~7-~T
1
7-
Ltd.—
Osgood
-11-30*
50c
—-
..
845
"
(quar.)
(George)
Common
Weyenberg
'
-
7-15
»-
75c 245-49
Westmoreland,
'
5(4%
1
8-15
75c
8
15c
Baking Co., common
preferred (quar.)
Ware River RR., guaranteed
6-24
7-15
.
8
.
(quar.)
preferred (quar.)
Walt Disney.
See Disney
(Walt)
Productions
Walworth
Company (irreg.)
——
6%
$-30
$1.25
(quar.)
Tablet
1
$1
(quar.)
9-
6-18
A
6-19
!(s-a)
com.
^
Co.
6-
6-18
7
RR.
6-15
I
6-15
648
7-
(quar.)
1
1
;A 6-15
6-18
6-30
*'1.50
-
Telephone Co.,
7-
7-
——-
(quar.)
6-30
7-
A
6-30
6-30
2
$50C
(quar.)
9-30
6-
_
Torrington
Extra
A
Light it
preferred
preferred
6-18
2
7-15
40C
(quar.)
Western
6-18
3
6-15
'
(quar.)
50c
.
'
1
25c
76c
1
7-
H0c
115c
50c
1
7-
•
7-
Co.—
Stationery Corp.,
6-30
$1.06(4
v
8-
(accum.)
&
7-
1
6-15
25c
(quar.)
7-
1
6-15
1
8-16
$35c
Insurance Securities
A
A
At Wagner Baking Corp., common—25c
A
7% preferred (quar.)
——
$1.75
Wagner Electric Corp. (quar.)
75c
6-15
1 Waldorf System. Inc.
(quar.)
25c
6-22
Walker & Co.. class A
62 (4c
6-22
Walker Vitamin Products, class A (quar.)—
5c
8-16
7 Class
B
(quar.)_1
5C
9-
1
7-
(quar.)__
preferred
6-15
V7-
7-
25c
.
class A
5%
6-30
"15c
—-—
25c
(quar.)
Common
6-15
1
preferred
Common ,1quar.)
6-12
1
648
(quar.)_______
6-21*
1
7-
Stores
7* 1
2
7-
—
1
(quar.)
7-
15c
$1,75
15c
(quar.)
7-
(quar.)
A
7-
1
$1.50
6-15
$40c
Co.
preferred
35c
(quar.)—-
6-21
(quar.)
Surety
5%
-
(quar.)
Vulcan Mold & Iron Co
Wabasco Cotton Co., Ltd.
'
Ltd.
&
6-21*
5c
1
,'e
preferred
6-21
7-15
*1.1-2%
6-21*
$81
7-
*
-
Common
7% preferred
.7%
7-
—
4V4%' preferred (quar.)
Ltd. (interim-»———
Ltd., common (quar.).
A
7-15
$1.05
$1.12%
7- 6
30c
preferred
7-19
7-19
6-30
Service—
preferred
-
5%
640
1
pfd. (quar.)
(quar.)
Chemical
8-16
8-16
45c
Co.___
Western Pacific
Vulcan Detinning Go.
6-18
25c
(
Works,
Tqronto Mortgage Co.
t
1
Co.,- Ltd.
—
Packing Co., common
preferred (quar.)—,
7%
7-
^
.—«**.—4——
—
TOdd Company, class A (increased)
Class B
(increased)——
Tooke
6-io
f ; 6-11
Guaranty
Tishman Realty St Construction—
-
1
6-17
7-
preferred (quar.)—:——rt—
933/4C
Co. (San Fran.)—
preferred
(accum.)
—
.
$1.50
Timely Clothes, Inc, (quar.).^—.—40c
Tip Top Tailor's, Ltd. (quar.).—17V2C
$3.75
$7.50
preferred
648
_
(quar.)
Department
Western
,
6-21
6%
participating preferred (accum.)
: Virginia Iron Coal & Coke—~?A,
;;A.AA:i;3
4%
convertible preferred
(quar.)
Virginian Railway, 6% preferred (quar.)—
Vulcan Corp., $3 conv. prior pfd. (quar.)_
....
Title
6 %
6-21
A,~
Vi 6-10
6-30
3(4%
6-16
6-30
$1.12 V2
(increased)
Common
'■v;'
(quar.)
Virginia-Carolina
6-28
7-2
Stores, Ltd. (quar.) ————
125c
Thrifty. Drug Stores, 414% pfd. (quar.)—
$1.12V2
<«/4% preferred (quar.)
$1.06(4
Tide Water Associated Oil Co.—
'
"'''
preferred
7-15
6-30
$1.50
5%. preferred
1
6-30
-
1
7-10
Thrift
7-
1
6-30
—
1
9-15
1
1-49
5%
,
1
25c
7- 6
50c
A. 5% preferred (quar.)
Velvet
Freeze,
Inc.12-15 A
Viau, Ltd., common (quar.)
3-15/
5%
preferred
(quar.)——
6-15
Victor Chemical Works, common
6-
6-30
'• 7-
9
6-15
8-
$1.75
common
Water
Electric
Class
6-10
(quar.)
Kamp's Holland Dutch
Quarterly
Vapor Heating Corp.
V
"
prior preferred
Van de
A
7-15
■
7-
7-
$1.50
Utility Appliance Corp., $1 conv. pfd. (quar.)
Valspar Corp., $4 cbnv. preferred (s-a)
A
A
6-15
preferred
4Vi %
5%
6-15
1
17VaC
(quar.)___
Wisconsin
preferred
1
7-
25c
Western
6-23
8-15
$1.12(4
(quar.)
Co.
7-
Common
20c
(quar.)
-
6-16
1
7-15
4-
7-15
(quar.)^-__w-o—
prior
Light
Co.—
50c
(quar.)
preferred
$1.40
-
842
♦
$1.75
4Western GfOCers, Ltd.,
.
mm
Knitting
prior preferred
'
<
7-15
$2
6%
6-
_—.——--i50c
2
(quar.)
5%
&
Co.,
•'
.
common
Utlca
/
6-15
Common
8-
—
preferred
Inc
(quar.)
'Co.,
preferred
Western
8-16
.ȣ ' 87(4c
Corp.
Power
7-10
1
Common
6
112 V2C
Utah
6-23
2
1-
7-
62(4c
V... <1 $1
(quar.)
Extra
6-16
preferred B
'Western
6-16
6-15
6-30
(quar.)
Power
Virginia
6-21
6
6-15
1
20c
$1.75
—--
Utah-Idaho Sugar Co., 60c cl.
6-23
8-
7-
1
7-
$1.75
______
Steel
preferred
Casualty
6-21
7-
37'4c
.
Tobacco,
Electric
Breweries,
5-26
6
7-
846
Extra
6-26
7-
740
—__W__
» mm.
6-15
$-30
•:
7* 6
30c
*
Upressit Metal Cap Corp., 8% pfd.
Upson Company, 4(4 %
preferred
4«
7-. 1
.
—-
7- 8
6-15
6-15
6-25
50C
A
(quar.)
preferred (quar.)
Western
6-21
7-30
Penn
Western
6-10
1
7-
preferred
$4.50 preferred
6-U
6-30
prior
West
P
2
1
1
$1 75
20c
(quar.)
-A Universal Winding Co., common
Upper Canada Mines, Ltd
1
common.;
1\i
$1
(quar.)
(s-a)
7-
77-
$1.25
4Va %
5-28
7-15
15c.
SlViC
(quar.)
Texas Utilities, $6 "preferred
(quar.).
; West Virginia Pulp & Paper, com. (quar.)__
Special
"
6-10
6-29
' $1.75
.
Leaf
preferred
$1.25
1
Michigan Steel Foundry—
4.20%
6-10
7-1
"
7-
Mills,
Cotton
7- 2
$2.50
(quar,)
preferred
convertible
4 V2 %
6-24
62 (4 c
__4.
—.
preferred
8%
6-10
1
6-18
West
6-11
745
' $1
,
Universal Pictures Co.
y
6-10
,
Thor
'
6-15
6-10
1
7-13
;
50C
t43o.,'* common
Universal
1
7-
6%
7-13
1
25c
Guaxaptee,;.'eqpimoUulCV5/;ly;r4:T__i___i._
Universal-Cyclops
7-
25c
^.UV
—————.—I—---—___r—4—
50c
v..—50c
Common
;
8-15
50c
(Bait.)—
—
6-11
1
6-16
1
7- -1
17(4%
..
tquar;)
6-15
7-
v:;:
.
Universal Uonsolidated Gil Co,
*
Stock-.dividend ^subject $0 approval)
7-
—'
(quar.)—
—
convertible preferred (quar.).——
$1.25
$-11:
57Vic
3lV4c
Co..—$$
:——
—
-
6-30
n
i...i
United Stores Corp^, $4.20 2nd pfd. (irreg.)
United Stove Co. (irreg.)
^
United Wallpaper, 4% preferred (quar.)_—.
-
7- 1
——*
Extra
6-15
7-
.
$2.30
6-15
6-17
7-
—
„
(increased quar.)_
com.
(quar.)
United Steel Corp., Ltd
United Stockyards Corp.—
70c convertible preferred
6-11
1
1
West Penn
•
7%
6-15
7-
...
$5
6-15
7-
7-
,
.. __
Common-————
6-30
;
,
,
O. S. Pipe
6-15
7-12
35c
7%
/
(quar.)
7-
51.02 Ji
$1.06(4
Texas
Company (quar.)
75c
Tefxas
Electric Service,
$6 pfd.
(quar.)—
$1.50
Texas & Pacific Ry., common—
-'■■■ *•
j5% non-cum. preferred (ouar.l.——$1.2o
Texas Power & Light. $6 preferred (quar.)—
$1.50
7%
preferred (quar.)—
—
—
*
Teixtiles, Inc., common——
—-——
50c
4%
preferred (quar.).—25c
Textron -Inc.,, common /(quar,)—25c
$4.25
%
7-
—
(quar.)
7
2(4%
7-
————
>4.10 preferred
;
7-
(quar.)
Cos.
i
—
7-
*eC-
(quar.)..—.
Instrument
.
4-30
;
1
30C
I
(quar.)
Class
6-22
8-i 1
io%
6-18
1
6-
West
,
6-30
BdV4C
125c
(quar.)——-
I
I' 4(4 % preferred (s-a)
; U.
8. & international Securities—
7.-
(quar.).—— f;
common
.
4
<$5C
.
7-2
150c
25c
Extra ^!
—
25c
Tdlecoin Corp. (quar.)
10c
Telluride Power Co., 7% pfd. (quar.)i.f...- v ' $1.75 i;
Tennessee
Corp.
30c
Tennessee Gas Transmission Co. com
Y"S; 35c
4%
Taylor
1
7: 1
-—
preferred (quar.)
(G.j, Ltd., common
£xtr&
7-15
7-
7%
6-30
7-4
8-
t75c
,
7-15
25c
Co.
Extra
6-18
745
20c
1st preferred (quar.)
i
& Foundry Co.—
f
\
Quarterly
6. 1
QuorlM-Ig
7. e
U. S. Playing Card (quar.)
6-21'^
Extra
*
6-15
/ U.' B. Plywood Corp.,; common (quar.)
6-25
-33A% preferred A (quar.)>._-——
?
6-25
U. S. Printing & Lithograph—
6-25
6% preferred (quar.)_w,
6-25
U. S. Radiator Corp.—
•V; 6-18
New 6 %-preferred (initial quar.)
(gi 1
D,; 6. Trust Go> (N. Y.) (quar.)-6*18
U. S. Smelting,, Refining & Mining—
$1 f 6-30
8- 2
$1-25
15c .W?; 7-
.«••;
6-
-
6-15
7-15
$1
(quar.J—.
L.—
(quar.).—.—
1
75c
(s.-a)____-
B
--Common.
U.;
7%
6-15
7- -1
7-
':*
6-15
I
1
6-30
9-10
6-29
15c
_
6-17
6-30
7-
common
(quar.)
preferred
7-
dividertd
Quarterly
S. Finishhag Co.,
S.,
6-15
1
10-
7-15
West
6-19
_l.^_.4.
■
6-17
7-15
V
';
6-18.
$-30
-
—.—L— 'V
$1
(quar.)—,——tlV2C
-(quar.)
6-
1
U; S.-»Foil "Co.,. classy A__'_i_*
6-14
^7- 2
>
1
$25c
^Bonus.,.
Class
6-18
P X
40c
35c
(quar.)—
Electric Products com
2
$1.75
7-
10-15
Fund. Inc.
Wesson Oil & Snowdrift
Co.,
6-23
7-
(accum.)
7-15
35c
840
7-
50c
7%. preferred (quar.)
>7-20 .;;: U. S. & Foreign "Securities'6-21
s $4.50 .1st preferred (quar.i^AA-^
6-10-'^<^'-$$-- 2nd preferred (quar.)
-
7-15
4.
.151
J75q
tearer
Fund
;$%Mpneferred
:
6-30
i
I
Supertest Petroleum, Ltd.— ■— if.--—....' I$1
Common.bearer (s-a)—iSl >
$1.50 preferred
6-24
1
65C
$4 preferred
6-30
25c
■
.
U.
•
6-18
,
* ' 50c
Cement—-..—-.——...
-
r-,:
6-18
•'•:,7- -6
»
Btock
»
6-15
>
7-1
20c
(quar.)..—.yy'
1
2
$2.50
-U. S, Fidelity & Guaranty Co.
V 6-10
25c
,
710-
(quar,)-..^.^.'....
•—i——;;;C"
preferred
RR,—
Wellington
1
ioc
_*
^United 'Shoe-Maehina*T,;eaminon,.(quar.)
rv-" 6% ^preferred
(quar.)____.______;
.J."' U. 8. Air Conditioning, $7 pfd. (quar.)
1
7-10
$85
'(quar.)
common
A
Ltd,—%>(
Ordinary, ^flnal)
-
1
;
(quar.)
preferred A (quar.)——: •
26#,c
cohvertfble preferred B (initial)—15 37/lOOc
4 Vi%
7-
7-
8
35c
4%
7
,50c
-
.
/United .Nejw^IeRsey^RR. ArCanal Co.• (quar.)
,/;United Printers At.-Bublishers,:;lr.c. (quar.)__
9-17
7-15
112Vic ;'!.V 7-15!
(quar.)—
class
HUiuted glasses,
;
-
6-16
7-15, ..'C 7-
50c
v>
7
1-
^
of
9-18
$1
United ^Industrial Bank (Brooklyn)', (quar.).
v, United
Merchants^ifc MaButacturers—
^
'VS;';.
6-16
.————
Life Assurance Co.
6-19
IT'Ve
,
6-30
,
Sun
6%
-
;r6-18
10--1*
5Qc
>v
1
1
7-15
50c
United
United JEacome
1
7- 1
$lv25.
v
7-1.
50c
6-30
Studebaker Corp.
>,
25c
Suburban
Propane
Gas,
5%
pfd.
(quar.).
62Vic 1^7- 1
6-28
Sunbeam Corp. (quar.)
———._i+5Cc
7- 1
Sun
Chemical Corp.,
common...
V
15c
$4.50
preferred
(quar.)
:
>1.12 ;1 71—' 1
pfd.
710-
(quar.)
Improvement
7-
A.
—
conv.
'
6-15-
i
:I, .7-:lu
Press, Ltd.,. 5% preferred (quar.)— A
Sttawbridge & Clothier, common..:———
Co.
Corporation
7-
5%
Stovel
Fruit
& Northern
Wellington Fire Insurance
10c V;
Gas
1
Camp,'Inc., common——
>«y
25c
prior preferred
(quar.)
________
y'A-"250
Stony Brock RR. (s-a)
$2.50
•
6-
tquar.).:
Gas
7-10
Sl6kely-Van
$5 .preferred
(quar.)
Stromberg-Carlson Co. $4
B
United
7'
25c
(quar.)V
6-30
Co.__^.^
6-29
$20c
United Fuel Investments, Ltd.—
„.,
.7-7.i;
6-30-
pfd.
RR.
United
6-15
2
'43%c
7%. 1st
6- 7
25c
United
*
12-13
;
>
V•6-30
87ViC
_^_r-
_
Fuller Co.,
Baer &
6-15
62Vac
,,
United Dyewood Corp., 7% pfd.
9-15
2
8-
-
?' -T5c
preferred- (s-aAA-y
8%
1
*
/
6-15
9-30
V 56c
Stewart-Warner -Corp.
Stfx
7-
6-30
37V4c
(initial)
7-20
9
Oil Works (increased)
Knitting Mills
Pump Co. (quar.)
Weatherhead Co., $5 preferred
(quar.)
Weber Showcase & Fixture
Co., com. (quar.)
5%
preferred
(quar.)
'
Weeden & Co., common
(s-a)
6-30
90c
com.
6-
2
7-
Wayne
Wayne
!
Co.j
6-15
'•«
b-30
(quar.)"^--' <:->:42%c
—~
7-15
t$l.75
tquar.)
6
8-
Waverly
8-10
,
7-
62Vac
(quar.)
Common
6-30
'
(q uar. )_y v
(quar.)
(increased)
6-30 *
6-30
7- -2
preferred (quar.)__;— i—
(John B.). Co.,
common——.— r<;
Stetson
'
•
-
/12-31
■
v
B
Common
11-10
(quar.)
(
'
6-18
7-15
$1-25
3Va%. preferred (quar.)'
Motors .(quar.).i.__„——1'
preferred
6-10
6-30
;
81-25
Electric
4Vi %
7-10
6-15
■
20c
Drug,
1
1
United Corp., $3 preferred (quar.hi:.
United Drill & Tool, class A (quar.)
t.
7-10
6-30
175c
Stern' Textiles,- coninwn
5
1
(quar.).
Union TwisUDrill Co.: (jquar.)
United Bond & Share,dbtd. (s-a)____.
6-15
,
(quar.)-— -- —
Stern
-
6-21
8-
75c
Enjirieering_—I-.-Ly^;i^-'--—
Sterling
Sterling
&
Pacific
6-21
—***;.;'£:A ?15c
Ltd., common
Canada,
participating preferred
Steel
Union
Quarterly
6-21
8-
7-
8-16
(quar.»._i_
Investment
8-
$15c
*$10c
r
(N.-Y.)
Union
1
6-18
(liquidating)
Asbestos,& Rubber
Class
y
Corp.
Union, Carbide & Carbon,-new
8-14
'
1
25c
6-24,
7"
,
7-
$3
Corp.
6-21
1
Motor
:
6-19
(Boston ;«-•'•
Ltd—_—____
Realization
^
1
7-
50c
•>-
(quar.)
7-
6-30
Waukesha
7- 6
When
Holdere
Payable of Rec.
25c
Ltd
6-18
11-15
(quar.)
7-10
7-10
Waterous,
1
60c
Street
8
75c
tlOc
$10c
60c
7-
$1.50
Corp.—
7-15
i—i——"40c
Bros..
Salle
8
.
7-10
70c
62HC
South, La
7-
preferred (quar.)—__________——
prelerred
"•■5*
208
7-
(quar.)—
6-22*
7->15
(s-a)
convertible; preferred
lac
15c
93%c
-
Stedman
$1.50
,
Ulen
Stqcher-Traung lithograph, common^^ft;;; '25c
5% prelerred (quar.)_—.}** >1.25;
3%
.6-25
j
Louis
6-19
„
7-
6-29
,i.v
pfd.
class
Waterloo, Cedar Falls
7-31
—....
1
(quar.)——7.——
Investment -Corp.
Increased,-
$-25
Co, of St.
(quar.)
7-
AA'AfVVA.A
■
51
25C
50c
(Dallas)
Century-Fox Film
Common
25c
(quar.)..——
J——
Co.
S.)
Twentieth
Quarterly
Udylite Corp.
<quar.)_—_
A
tquar.)
<L.
Tunnel RR.
7-30
6-19
6-19
■•quar.) I——;—___^
State Street
7-30.
1
2
quar.)
C
31(4c
tquar.)..
7%
(reduced
Co.,
Class
2
$0,011
Ltd.,
6-19
Works <The).60c
Stanley
1
1
6-30
.
\
Co.,
1
Co., Inc—#1
t
Tobacco
6-30
(s-a)—,
$3
Corp.—
—1—
12lie
Ltd.,
_rvck.
Tuckett
7-
25c
1
C^., euttHmm—tU.—
A
7-15
7-31
25c
7-
,
6-15
Industry Shares.
7-
(quar.)...
preferred
Stanley
6%
Ltd., class
Standard-Screw
6%
pfd.
3%%
Paper M:g,,
Sta-ndard
Trusteed
75c
—-—
2
Quarterly
7-15
,
cla^s A^,^.—__—
._
7-
Quarterly
6-16
7-
183ic
>
25c
—
com
(quar.).—
—
Standard Holding Corp.,
Class B
6-15
—
preferred
—Participating
1
Products
9-
.
6-15
(quar.)
(quar.)
Corp., $6 pid.
Corp. (quar.)
Trinity Universal Insurance
■
2
62(4c
Banking Co.
Trico
2
7-
Share
Warner Bros Pictures
Warren Brothers
15c
6-15
2
150c
—.
(14. J.)
Per
Name of Company
6-15
.....
Royaltv Co. ('•-a)..
Products Co., $1.25 pfd.
9-
,
SI
10c
—
Steamship Corp.,
participating
Standard .Gil
Trenton
nomen
2
25c
6-26
6-30
tide
1
(quar.)
tquar.)
Fruit
Special
When
1-
Transwestern
Treesweet
,
,
——
com.
(2835)
Payable of Rec.
t$1.12Va
7-
tS 1.25
Standard
CHRONICLE
150c
....
5
8-
class A
-
9
8-
v
,
Coosa-Thatcher
75c
6-25
11
7-
Ltd
(quar.)
Standard
$3
7-15
-I,
.,
Share
...
.
Corp., Ltd.,
7-
—
Mines,
preferred A (quar.).
Standard Chemical Co., Ltd.,
Standard
7-15
1
•'»>
Tri-Continental
$4
preferred
7-15
1
7-15
—.—--
5,%
1
8-
Finance
4(4 %
preferred (quar.)
Transamerica Corp.
(s-a)
Sons—
&
Sturgeon Gold
apringer
7-15
8-
o.uijo
8-16
1
8-
17Vic
Co
I
8-
$1
$3c
Springfield Fire & Marine Insurance.
47Vic
Square D Company (quar.)
25c
14 preferred
(quar.)—S1
Eperry
7-13
9-
45,c
92 V2C
97 %c
$1.033/i
SI.25
(quar.),_
com.
3.70%
5%
Name of Company
Traders
7-15
Southwestern
per
(Dallas)—
Co.
Quarterly
4.15%
HotSeit
Payable of Rec.
Share
Company
Southwestern
COMMERCIAL &. FINANCIAL
"
'
tax.
dividend.
Canadian
non-residents' tax.
deductible at
the
source.
N01
*
Monday, June 28, 1948
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(2836)
52
STATE AND CITY DEPARTMENT
NEGOTIATIONS
BOND PROPOSALS AND
CALIFORNIA
ALABAMA
Montgomery, Ala.
■?-/
Debt Study—Wain-
ivright, Ramsey & Lancaster, Mu¬
nicipal Consultants at 70 r Pine
Street, New York, have been en*
make a com¬
analysis of the
jgaged by the city to
plete survey and
Lot
Diet.,
Angeles County (P. O.'Los
-
,
Sch.
Unified
Burbank
Angeles), Ccdif.
Due
Diets.
Sch.
'
the
of
purpose
San
Dist.,
Diego
County (P. O. San Diego),
•;
Ccdif.... •/ />
-
,
(Calif.
• ■*' "*S
;/
Lippold, Daylight Savings Time) on June
Bond Sale—The $275,000 build¬
County Clerk, will receive sealed 28 for the purchase of $230,000
ing bonds offered on June 21—
bids until 10 a.m. (Calif. Daylight not to exceed 5% interest build¬
v.
167, p. 2626—were purchased
Saving Time) on June 29 for the ing coupon bonds, divided as fol¬
by the Security Trust & Savings
purchase of $3 million not to ex¬ lows:
Bank of Sari Diego, and Associ¬
ceed 5% interest schoolbuildings
$150,000 Franklin -McKinley ates, at a price of 100.093, a net
-
yy.
( ,
,
Bond ^ Offering
—
Earl
for
making recom¬
mendations on the advisability of bonds divided as follows:School District bonds.
Due
trying to equalize its debt, and $1,000,000
$6,000 on Aug. 1, from 1949 to
Elementary School
if possible recommend financing
District bonds. Due on Aug.
1973
inclusive.
A
certified
«f; necessary
public
improve¬
check for $5,000 payable to
1, as follows: $90,000 in 1949; i
ments.
■1'' f''///
the County Treasurer,, is re$40,000 from 1950 to 1963, and
It is expected that the report
$35,000 from 1964 to 1973, all
quired.;
^' •, t„ / /•?;.
■will be ready for submission, to
80,000 Orchard School District
'^/inclusive.
the Mayor about Sept. 15, in or¬
bonds/* Due $4,000 on Aug. 1,
2,000,000 High School District /
der that any suggestions may be
from 1949 to 1968 inclusive.
bonds. Due on Aug. 1, as fol¬
eiven consideration by the Com¬
lows: $110,000 in 1949; $80,- ;A, certified check for $2,500
missioners before the beginning
payable to the County Treas000- from 1950 to 1967, and
of the City's fiscal year which be¬
urer, is required.
;* :j$75,000 from 1968 to 1973 ingins Oct. 1.
;//"\
; Dated Aug. 1, 1948. }
;
elusive. *
f .
Mayor John L. Goodwyn who
Dated Aug. 1, 1948.
Culver City Schpol District, Los
is now serving the first year of
[ Angeles County (P. O.
his elective term as Mayor, since
financial structure of the City
July 1, from 1949
on
Sch.
Oceanside
receive
County -'Clerk, will
sealed bids until 11 a.m.
lin,
serially
interest cost of
2.664%,
as
follows:
$150,000 as 2y2s, maturing on July
26, from 1949 to 1958, and $125,000 as 2%s, maturing on July 26,
from 1959 to 1968, all- inclusive.
Dated July 26, * 1948. , The next
°
.
"
■
A
bidder
highest
the Bank
was
of
America National Trust & Savings
.
Association,
„,
Francisco,
San
for
$140,000 as 2%s, and $135,000 as
23/4s, at 100.003. /:/ /
,
'
.
„
California
having filled an Unexpired term,
Bond Sale — The $10,000,000,
is making every effort to estab¬
21/2% veterans' welfare bonds of¬
lish the City's credit on as solid
fered on June 22—v. 167, p. 2514
a
foundation as the City's eco¬
-were purchased at public auc¬
nomic resources will permit.
"
tion by two syndicates headed by
the Bankers Trust Co. of New
ALASKA
and the Bank of America
Anchorage, Alaska ^/y.V/v National Trust & Savings Asso¬
Bonds
Voted—At
an
election
ciation, of San Francisco, respec¬
held recently the voters approved
tively.
Members of the Bankers
the issuance of $1 million water
Trust Co., syndicate were: Smith,
.system bonds, and $150,000 phone Barney & i Co.,. Chemical Bank &
system bond's."/■ Trust Co., both of New York,
Bonds Not Voted—At the same Northern /Trust Co., of Chicago,
time the' voters did not approve Phelps, Fenn & Co., R. W. Pressthe issuance of $1,350,000 school prich & Co., both of New York,
York,
"
bonds.
,///■'.:>/////'/"'////
...
Mercantile
Commerce
-
Bank
&
Co., of St. Louis, F. S.
Moseley & Co., Estabrook & Co.,
both of New York, Schwabacher
Trust
■
Graham County (P. O. ' 1. ; ;
Safford), Ariz.\
X
/Bond Offering—W. L. Buffing,
bids
exceed 3%% interest
Safford High
Dated July
School District bonds.
1, 1948. Denomination $1,000. Due
July 1, as follows: $10,000 in 1949;
of New
York, and First National
Bank, of St. Paul. The members of
the .Bank - of America National
Trust
Savings Associations, of
&
William R. Staats
Co., both of San Francisco, First
National Bank, of Memphis, Det-
is required.
trict
will
legal opinion of Gust, Rosenfeld,
Divelbess,
Robinette & Linton,
and
all
bids
ditional.
shall
be
uncon¬
mer
&
Co.,
MacKinnon &
Moncure
Donald
of Chicago,
Co., of New York.
& Co., of Phila¬
Biddle
;t
delphia, National City Bank, of
Maricopa County School Dist. No. 4 Cleveland, Lawson, Levy & Wil¬
liams, of San Francisco, William
(P. O. Phoenix), Ariz.
James
Co., of Sacramento,
Bond Sale—The $200,000 school D.
bonds offered on June 14 were Peoples National Bank, of Char¬
purchased by Kirby L. Vidrine & lottesville, and the .Continental
National Bank & Trust Co., of
•Co., and Kenneth A. Ellis &
Co.,
Salt
Lake
City,, at a price" of
jointly, at par,
Dated
a
net interest cost of 2.68%, as 107.72, a basis of 1.71%.
Due serially on Feb.
follows: $11,000 as IV2S, maturing May 1, 1948.
1, from 1950 to 1968 .inclusive.
on July 1, in 1949 and 1950; $14,The next highest bidder was Hal000 as 13/4s, maturing in 1951 and
1952; $30,000 as 2s, maturing from sey, Stuart & Co. and Associates,
•
'■
1953 to 1955; $22,000 as 2y4s, ma¬ at 107.707. turing in 1956 and 1957; $48,000 as
Camptonville Union Sch. Dist.,
2%s, maturing from 1958 to 1961,
Yuba County (P. O. *
and $75,000 as 2%s, maturing from
Marysville), Calif.
;
both
-
,
of
1962 to 1968 inclusive.
the
issue
above
will
coupons,
bear
In addition
the entire
interest
to
total
3%% from July 1, 1948 to Jan. 1,
1950.
The next highest bidder
■was Peters, Writer & Christensen,
Bosworth, Sullivan & Co., and
Henry Dahlberg & Co., jointly,
3for $25,000 as l%s, $10,000 as 2s,
[
fw
*
Due
on
July
West
July 1, from 1949
.The next high¬
was
National
Oro Loma
the / Bank
Trust
of
Sav¬
&
Sanitary District (P. O.
San Lorenzo), Calif.
v/';'.
Bond Sale—The
:
Park
/ Bond
$1,840,000 treat¬
bonds
Fresno
offered
June
on
by
[
$23,000 school
15
were
the
Security-First
National Bank of Los Angeles, as<
2%s, at a price of 100.126, a basis
of 2.736%.
Dated July 1, 1948.
Due on July 1, as follows: $2,000
from 1949 to 1951, and $1,000 from
1952 to
1968, all inclusive. Ap¬
proved as to legality by O'Melveny & Myers, of Los Angeles. V
://// COLORADO
Cortez, Colo.
Bond
did
of
not
Kaiser & Co., of San Fran¬
cisco;? Stranahan, Harris & -Co.,
Inc., of Toledo; Commerce Trust
Co., of Kansas City; Thcjmas &
Co., of Pittsburgh;
William J.
Mericka & Co., McDougal & Con¬
don, of Chicago, and James B,
Shannon & Co., of Detroit, at a
elec¬
an
March 16 the voters
on
the
approve
issuance of
$225,000 municipal plant pur¬
chase
//"/"■'
bonds.;/: ,/.••/>
Louisville School District,
Boulder,
County (P. O. Louisville), Colo. \ "
Bonds Sold—The $30,000 school
authorized
bonds
2.40s.
cago;
/ y'; 'H. '■ /
Voted—At
Note
tion held
held
plant bonds offered on June
167, p. 2514—were pur¬
chased by a syndicate composed
of John Nuveen & Co., of Chi¬
K.
Dist.,
Sale—The
purchased
22—v.
,
School
County (P.P. Fresno), Calif.
ment
District
(P. O. Fallbrook), Calif.
Sale—The
1948.
1,
ings Association, of San Francisco,
2V4s, at 10L64.J : / : /
Fallbrook Public Utility.
Offering—Dorothy
Bond
for
of Cincinnati, as 2%s, at a
price of 108.8589, a basis of 2.65%.
Dated July 1, 1948./ Due serially
on July 1, from 1949 to 1968, incl.
The next highest bidder was the
Security-First National Bank of
Los Angeles, and Associates, for
Bond
Dated
bidder
America
Angeles), Calif.
•
/ J
$45,000 school
bonds offered on June 22—v. 167;
p. 2734—were purchased by the
William R. Staats Co., of Los An*
geles, as 2%s, at a price of 100.42,
a
basis of 2.69%.
Dated July 1,
1948. Due serially on July 1, from
1949 to 1963, incl. The next high¬
est bidder was the Security-First
National Bank of Los Angeles, for
2»/4s, at 100.03.
; ;
/''/•.
&
serially
est
Co.,
-
June 21—v. 167,
to 1966 inclusive.
J. Barth & Co., Kaiser &
2%s; at 100.77.
on
were
—
2.031%.
of
Co., Lawson, Levy & Williams, all
of San Francisco, and Magnus &
purchase
ceed
.Bond Sale—An issue of $18,000
school
bonds
cently
by
National
was
purchased
re¬
thq Bank of America
Trust
&
Savings Asso¬
ciation of San Francisco at a price
of
100.05, a net interest cost of
4.36%, as follows: $12,000 as 4%s,
maturing on June 1, from 1951 to
4%
of $109,000 not to ex¬
interest water develop¬
as
plan No. 7 bonds.
Dated
1948. Denomination $1,000.
Jan. 2, as follows: $5,000
from 1963 to 1983, and $4,000 in
1984. Principal and interest (J-J)
ment
Due
3y4s, maturing on July 2, from
to 1970, and $715,000 as 3s,
1949
election
the
at
June 1 have been sold at
on
;
_
DELAWARE
<
Delaware (State ^of)
/,
/-
Bond Sale—A
syndicate headed
by Alex. Brown & Sons, of Bal¬
timore, Kidder, Peabody & Co.;
Harriman Ripley & Co., Inc. and
Lehman Bros., all of New York,
purchased last week an issue of
Richmond / High" School District,
Contra Costa County (P. O.
payable at the District Treasurer's
office.
V.
nomination
Bond
Kingsburg Joint Union High School
District, Fresno, Kings and Tulare
Sale
—
The
$3,980,000
bonds offered on June
167, p. 2627—were pur¬
chased by a syndicate composed
of Halsey, Stuart & Co., Lehman
21—v.
Fresno
County Clerk, will receive
sealed bids until 10.50 a.m. (Calif.
Bros.,, of New York, Blair & Co.,
on July 6 for the purchase
$150,000 not to exceed 5% in¬
terest building bonds.
Dated Aug.
York, California Bank, of Los An¬
Inc., Phelps, Fenn & Co., Union
Securities
Corp.,
both of New
DST)
of
geles, Hornblower & Weeks; First
of Michigan Corp., Paine, Webber,
Jackson
&
Curtis, all/ of New
Yorki, Braun, Bosworth & Co.,
1, 1948. Denomination $1,000. Due
1963 inclusive.
1949 to
Principal and in¬
(F-A) / payable
at / the
County Treasurer's office of Fres¬
terest/
no
Inc., Kaiser & Co., of San Fran¬
cisco, Milwaukee Co., of Milwau¬
kee, and Mullaney, Wells & Co.,
of Chicago, at a price of par, a
,
County.
!
/
1
Linda- School
,/
Yuba
District,
County (P. O. Marysville),
>
Calif.
Bond Sale—An issue of
school
bonds
was
$74,000
purchased re¬
cently by the William D. James
Co. of Sacramento, at a price of
100.008,
interest
net
a
of
cost
of
2.6909%,,; as
follows: $480,000 as 5s, maturing
on
Aug. 1, from 1949 to 1951;
$320,000 as 4s, maturing on Aug. 1,
in
1952 and
1953; $2,240,000 as
2y?s, maturing on Aug. 1, from
1954 to 1967, and $940,000 as 23/4s,
maturing on Aug. 1, from 1968 to
net
2.805%, as follows: $19,000 as 3s,
maturing on June 1, from 1949 to
1973
interest
cost
inclusive:c/Dated
Due June lj
$1,000.
redeemable
the
at
Aug.'
;-■//>;v:.;; /."■
tion of the State Highway
op¬
Depart¬
ment, upon not less than 30 days*
notice, at 100.25 plus :/4 of 1% for
each 12 months' period or fraction
thereof, from the date of redemp¬
tion
not
of maturity,
to the date
fund
but
105%, for sinking
exceeding
on
purposes
interest
any
payment date on or after June 1,
1953, and in whole on any interest
payment date on or after June 1,
1963, plus
accrued interest in
each case.
Principal and interest
.
payable at the Chemical
Co., New York, or,
(J-D)
Bank & Trust
option of the holder, at the
at the
Equitable Trust Co., Wilmington,
Purpose of Issue-Legal Opinion
-These
the
Bonds,
ware
be issued for
providing funds
to
of
purpose
for the
construction of the Dela¬
Memorial Bridge and the ac¬
quisition of certain ferries, will,
in the opinion of counsel, consti¬
tute valid and binding obligations
of the State of Delaware, principal
1,
and interest being payable solely
$52,000 as 23As,_ maturing m.
from revenues derived from op¬
on June
1, from 1959 to 1971, and Susanville Elementary Sch. Dist., eration of the Bridge and the Con¬
$3,000 as 3s,r maturing June 1,. Lassen County (P. O. Susanville), struction Fund. The State of Dela¬
1972.
Dated June 1, 1948. These
California
■
ware is
not obligated to pay the
1958,
are
the
election
bonds
held
authorized
on
April
at
the
19./
.
Bond Offering:—Maud E.
Tombs,
,
County Clerk, will receive sealed
Las Lomitas
Elementary Sch. Dist., bids until 4
p.m. (Calif. DST) on
County (P. O. i
July 12 for the purchase of $174,Redwood City), Calif.
San
Mateo
000
not
to
exceed
5%
interest
Bond Sale—The $36,000 school
Dated June 30,
$20,000 as 2V4S, $46,000 as 2V2s, 1962, and $6,000 as 4y4s, maturing bonds offered on June 15—v. 167, building bonds.
$69,000 as 23/4s, and $30,000 as on June 1, from 1963 to 1968, all p. 2514—were purchased by the 1948. Denomination $1,000. Due
2%s, plus
sufficient additional inclusive. These are the bonds Bank of America National Trust on June 30, as follows: $18,000
&
Savings Association,; of ■ San
interest on the entire issue to total
from 1949 to 1954; $17;000 from
authorized at the election held on
Francisco, at a net interest cost
4% from July 1,* 1948 to Jan. 1,
April 16.
//
^: of 2.757%. Dated July 1,. 1948. 1955 to 1957, and $15,000 in 1958.
1950, at par.
,
and
,
building
(P. O. Fresno), Calif.
Bond Offering—E. Dusenberry,
price of 104%, yield¬
a
ing about 3.76% to maturity. The
bonds are dated June 1, 1948. De¬
1978
Martinez), Calif."
net interest cost
The group made
a
public re-offering of the bonds on
June 22 at
Dated
on
$.10,000 on Aug. 1, from
price of 100.50,
of about 3.983%.
maturing from 1971 to 1983, incl.
July 2, 1948.
\
Jan. 2,
Phoenix,
•
to
at
ings Association,- of San Fran¬
cisco; John Nuveen & Co., of Chi¬
Co., of Los An¬
geles, J. Barth & Co., Kaiser &
The school dis¬
furnish the approving
urer,
'
1
purchased
by
Co., of San Francisco,
2V4S, at a price of 101.83, a basis
2514
Weeden
2734—were purchased
by a
syndicate composed of the Bank
of America National Trust & Sav¬
Co., of San Francisco,r Braun,
Inc., L. F. Roths¬
child & Co., of New York, Illinois
able to order of the County Treas¬
'
p.
p.
&
1950
1953
1956
1959
the total amount of the bid, pay*
Calif,
Sale—The $450,000 sewer
bonds offered
Angeles), Calif.
Bond Sale—The $1,000,000 school
bonds offered on June 22—v. 167,
Boswbrth & Co.,
to 1952 inclusive; San Francisco syndicate, consisted
to 1955 inclusive; of the National City Bank, of New
to 1958 inclusive; York, Messrs. Harriman Ripley &
$14,000,
and 1960; $15,000, Co., Inc., Harris Trust & Savings
1961
to
1963 inclusive;
$16,000. Bank, of Chicago, Weeden & Co.,
1964 and 1965; $17,000 in 1966 and of
San
Francisco,
Seattle-First
1967, and $18,000 in 1968. Interest National Bank, of Seattle, Heller,
J-J.
A certified check for 5% of Bruce &
Co., of San Francisco,
$11,000,
$12,000,
$13,000,
-
Bond
Los
cago;
Covina School District, Lo1)
Angeles County (P. O. Los
Porter, Secretary of Board of Di¬
County
/sealed Co., of Chicago, Eldredge & Co., rectors, will receive sealed bids
until 9 a.m. on July 13 for of New York, Stern Bros/ & Co., until 8 p.m.' (Calif. Daylight Sav¬
$40,000,000 4%: Delaware / Mem¬
price of 100.062, a net interest cost orial
Bridge revenue bonds at a
purchase of $275,000 not to of Kansas City, R. L.. Day & Co., ings Time) on July 12 for the
of 3.095%, as follows: ,$1,125,000
ton, Clerk of the Board of
Supervisors, will receive
the
Ontario,
.
(State of)
West
to 1966 inclusive.
(P. O. San Jose), Calif.
Bond Offering—Albert J. New-
-
Authorizes
County
Costa
Contra
J
,,
;v
»;--K
•;w
-.0
...
*
u \.
Y". '•■U iV-i,!.;,.:
the interest / thereon,
such revenues and
bonds,
or
except
from
the Construction Fund.
credit
and
of
the
The faith
State
are
not
pledged for. the payment pf prin¬
cipal or interest, and the State is
not obligated to levy any taxes or
to
make
any
appropriation for
,
their
payment. The bonds are to
of
be issued under the Authority
the Laws of Delaware, 1945,
ter
275,
Vol. 45,
as
Chap¬
amended by
Delaware,
of
Laws
the
1947.
Chapter 192, Vol. 46 and the In¬
denture between the State High¬
Department of the State of
Equitable Trust
way
Delaware and the
Co., Wilmington, Del., as Trustee.
The bonds are offered for delivery
when,
livered
if issued and de¬
the underwriters and
and
as
to
COMMERCIAL
THE
Number 4711
167
Volume
in 1949; $40,000 in 1950;]
in 1951; $42,000 in 1952;
in 1953; $45,000 in 1954;
in 1955; $47,000 in 1956;
in 1957; i$50,000 in 1958;in 1959; $52,000 in 1960;
in 1961; $54,000 in 1962;
$55,000 in 1963; $56,000 in 1964;
$57,000 in 1965; $59,000 in 1966;
$60,000 in 1967, and $61,000 in
1968. Principal and interest (J-J)
$39,000
$41,000
$44,000
$46,000
$48,000
$51,000
$53,000
holder
the books of the Treas¬
on
nished
will
by
the
City.
The
with
delivered
be
bonds
the
ap¬
opinion of Chapman &
Cutler, of Chicago, said opinion
to be paid for by the City and all
proving
bids
must
7
bonds will be fur¬
Printed
urer.
CHRONICLE
FINANCIAL
&
be
>•
*
-
be received by Mayor L.
S. Cur-
date is
All
until $ p.m. <CST) on July 1
purchase of $6,000 2%
water system bonds. Dated July 1,
for
City Treasurer, is required.
the
Due $500
1948.
1949
to
July 1, from
on
inclusive. These
1960
on
bonds shall
are
1948, at
15,
53
after June 15, 196?.
or
of these
terest from June
ran,
certified check for $5,000 payable
to the
Floyd, Iowa
-
Bond Offering—Sealed bids will
A
conditioned.
so
(2837)
the
bear in¬
15, 1948 to Dec.
rate of 1% per
and thereafter bonds
annum,
ma¬
turing from 1549 to 1960, and in
1967 and
the
at
1968 shall bear interest
rate
of
2J/2%
per
annum
the bonds authorized at the elec¬
and
tion held
1966 shall bear interest at the rate
on
June 11.
bonds
maturing
in
1961
to
all legal
of 2%% per annum.
King and
indiana
Kellogg, Iowa
payable at the County Treasurer's
Middletown Water District (P. O.
Dawson, Bond Counsel, New York.
; Bond Offering—Paul A. Schnei¬
Adams Township (P. O. New
office, or at the Irving Trust Co.,
Richards, Layton & Finger, Wil¬
1,
Middletown), Ky.
der,
Town Clerk, will receive
New York Ctiy, at the option of
Haven), Ind.
mington, Del.i are approving all
Bond Call
Lloyd W. Gate^
sealed bids until 7.30 p.m. (CST)
the holder.
Bidders are required
Bond Offering—Lee H. Burglegal proceedings for the State
on
June 24 for the purchase of Chairman, calls for payment on
to submit bids specifying: (a) the
ette, Township Trustee, will re¬
Highway Department. Copies of
July 1, Water Works System Rev-*
$28,000 not to exceed 2y4% water
lowest rate of interest and pre¬ ceived
sealed bids until 10 a.m.
approving opinion of Bond Coun¬
enue Bonds Nos.
17 to 19, at par
works bonds.
Dated June 1, 1948.
mium, if any, above par at which (CDST) on June 29 for the pur¬
sel will be available upon delivery
subject to approval of
proceedings by Wood,
,
t
—
bonds to
of
Other
dition
Group
to
Alex.
Members—In ad¬
Brown & Sons,
Kidder, Peabody & Co.,
Harriman
Ripley & Co., Inc. and Lehman
Bros., other leading members of
the underwriting group include:
Firstt,Boston Corp.,; Smith
Barney & Co.; Blyth & Co.; Inc.,
Drexel & Co., Glore, Forgan &
The-
Co.,
Goldman,
Sachs &
Co.,
Phelps, Fenn & Co., Stone &
Webster Securities Corp., Union
prich & Co., E. H. Rollins & Sons,
Inc., Salomon Bros. &*Hutzler,
Shields & Co., Stifel, Nicolaus &
Co., Inc., Coffin & Burr, Inc.,
Francis I. duPont & Co.; EstaInc., Laird & Co, Laird, Bissell &
Meeds, Lee Higginson Corp, Mer¬
rill" Lynch,
Pierce,
Fenner &
Co, and
Paine, Webber, Jackson & Curtis.
Beane, F. S. Moseley &
k
;
florida
Avon Park, Fla.
/,
Tenders Invited—A.
M. Owens,
Collector, an¬
nounces that the City will receive
sealed tenders until 8 p.m. (EST)
on July 12 of refunding bonds, is¬
sue
of 1942, series A, series AB
City
Clerk
$375,000
not to
interest building
3%
Dated
July
$1,000.
exceed
1948. ' Denomina¬
Due $9,000 July 1,
1949; $10,000 Jan. and $9,000 July
tion
1,
1, from 1950 to 1963, and $10,000
and
July 1, from' 1964 to
1968, all inclusive.
Bidders will
be required to name the rate of
Jan.
which
interest
bear in
not
the
bonds
than
more
shall
County
2627—were puruchased by John
& Co., of Chicago, at a
and
in
named
be
Township (P. O. Odon),
Indiana
'"
1
Bond
,
Offering—W. O. Callahan,
will : receive
sealed bids until 1 p.m. (CST)1 on
June 29 for the purchase of $17,to
not
250
exceed
4 V2 %
Dated June 1,
highest bidder was Har¬
riman Ripley & Co., Inc., for $50,000 as 1 M>s, and $200,000 as 2s, at
Randolph County (P. O. Winches¬
ter), Ind.
Simmons,
Cook
Consolidated
County
High
School District No. 224 (P. O.
Barrington), III. '
Bond Sale—The $1,228,000 school
bonds offered on/June 16 were
\
}
-
purchased by a syndicate com¬
posed of F. S. Mosely & Co;, of
York; Paine, Webber, Jack¬
Florida State Improvement Com¬
son & Curtis, A. G. Becker & Co.,
mission (P. O. Tallahassee), Fla.
both of Chicago; First of Michi¬
j .Bond Sale—The $1,830,000 road
gan- Corp..
of New York, and
revenue bonds offered on June 22
Kebbon, McCormick & Co., of
v. 167, p. 2514—were purchased
by a syndicate composed of John Chicago, at a price of 100.1028, a
Nuveen & Co, of Chicago; B. J. net interest cost of 2.5895%, as
Van Ingen & Co, of New York; follows: $500,000 as 2y4S, maturr
Leedy, Wheeler & Alleman, of ing on April 1, from 1950 to 1958;
as
2V2S, maturing on
Orlando; Welsh, Davis & Co, of $240,000
Chicago; Robinson-Humphrey Co, April 1, from 1959 to 1962, /and
of Atlanta; Clyde C. Pierce Corp, $488,000 :;,as
2%s, L maturing \ on
of Jacksonville, and Sullivan, Nel¬ April 1, from 1963 to, 1968, all incl.
son & Goss, of West Palm Beach,
Cook County School Dist. No. 39
as follows:
(P. O. Wilmette), III.
Bond Offering—Millard D. Bell,
$350,000 Lee
County, series ,7
bonds, as ZV4S, at a price of Secretary of Board of Education,
100.716, a basis of 3.093%. will receive sealed bids until 7.30
^
Dated Jan. 1, 1948. Due seri¬ p.m. (CST) on June 29 for the
ally on Jan. 1, from 1949 to purchase of $625,000 not to exceed
1956, incl.
3% interest school building and
>385,000 Gulf County, series 8 site coupon bonds. Dated June 1,
bonds, as 3.20s, at a price of 1948. Denom. $1,000. Due on Dec.
>;
100.35,
a
basis of 3.151%. 1, as follows: $27,000 from 1949
Dated
March
1, 1948.
Due to 1955; $28,000 in 1956 and 1957;
serially on March 1, from 1949 $33,000 from 1958 to 1960; $38,000
to 1963, incl. '*
in 1961 and 1962; $39,000 in 1963;
350,000 Waukulla County, series $44,000 in 1964 and 1965, and $39,9 bonds, as 3.20s, at a price
000 in 1966 and 1967.. . Principal
A of 100.35, a basis of 3.155%. and interest (J-D) payable at such
Dated March 1, 1948.
Due bank or trust company in the
serially on March 1, from 1949 State as may be mutually agreed
and series B.
New
*
1963, incl.
;405,000
Calhoun
.'w-
County,
12 bonds, as 3.20s, at a
upon
series
price
building
township
bonds.
1948. Denomination
$1,000 one for $250.
Due $1,000
on
July 1, 1949; $1,000 Jan. and
from
July
1,
$250
Jan.
Bond
1,
basis of 3.151%. ;
! 340,000 Flagler County, series 13
bonds, as 3.20s, at a price of
100.35, ; a
basis of 3.154%.
V 4 Dated March
1, > 1948. Due
serially on March 1, from 1949
fj of 100.35,
a
Catherine E.
—
City
**;The
■
highest
for
bidder was
receive
will
sealed
July 1
the purchase of $500,000 not
(CST)
a.m.
on
to exceed 31/2% interest sewerage
improvement* coupon
system
1963, incl. -r;
next
Clerk,
bids until 11
;
to
*
bonds. Dated May 1, 1948; Denom.
on Nov. 1, as follows:
^Blyth & Co., and Merrill Lynch,
$11,000 in 1949; $18,000 from 1950
Pierce, Fenner & Beane, jointly, to
1952; $23,000 from 1953 to 1957;
for $1,830,000 as 3V4s, at 100.41. /
$28,000 from 1958 to 1962; $35,000
from 1963 to 1966, and $40,000 in
,
idaho
1967. Principal and interest (M-N)
Bannock County (P. O. Pocatello), payable at such bank in Chicago
Idaho
as may be mutually agreed upon
/ Bond Offering — Anna Keefe, by the City and the successful
County Clerk, wil receive sealed
1
for
(iMST)
on July
of $1,000,000
hospital
Dated July 1, 1948. Dehorn.
bids until 10 a.m.
the. purchase
hot to exceed 3% interest
bonds.
$1,000. Due on July 1, as follows:
$1,000. Due
bidder. Not
est
rates
than two inter¬
more
will
be
considered
the interest rate
or
in
Vs
rates must be
of
1%.
Middletown.
Voted
Bonds
an
of
Bond Offering—Boone
City
Clerk,
bids until
29
for
ap¬
*
District, Kan.
$722,000 build¬
Trust... Co.,
&
1967, and $15,000 Jan. and July 1,
1968.
Bidders will be required
more
than
interest
1%
of
and
in
bonds offered
each
by
considered.
be
successful
bidder.
A
a
Trust Co., Kansas
&
bonds offered
June 17*were re¬
on
advertised.
iowa
(P. O. Storm
Lake), Iowa
Bonds Voted
held
—
7
June
on
At
the
voters
•Iowa
Sale
—
The
$2,500,000
cago,
Iowa-Des Moines National
Moines,
the
White-Phillips Co., of
Bank & Trust Co., of Des
and
as 1.40s, at a price of
basis of 1.382%. Dated
1, 1948.
Due serially on
1, from 1949 to 1958 inclu¬
Davenport,
100.45,
June
Dec.
a
sive.
County Clerk, will receive sealed
bids until 10 a.m.. (CST) on July
Consolidated Sch. Dist.,
Iowa
Bids
No
purchase of $150,000 not
interest road and
7 for the
if
the
or
the
—
No bids
purchase
be
prior
terms thereafter except
the
.1%
additional interest shall
if
the
prior
redemption
fered
terest
$6,000 building bonds of¬
on June 14—v. 167, p. 2623.
Due
series of
May 1,
on
follows: $13,000 in 1953 and
Dated May
tion
$1,000.
1, 1948.
All
Denomina¬
bonds maturing:
1, 1952, are to
after May
and
City
prior
to
maturity
by the
on
interest payment date on
additional
any
after
or
interest
in
an
amount
equal to 2% if called for redemp¬
tion
1 %
on
before
or
Nov.
1,
1953;
if called for redemption there¬
after
and
on
1955; and at
terest
before
or
par and
the
at
coupon
Nov.
1,
accrued in¬
rate
there¬
after and
before maturity.
The
City will furnish the approving"
opinion of Chapman & Cutler of
Chicago, and all bids may be so
conditioned.
$1,030
No bid for less than
$1,000 bond, plus ac¬
will be given fa-'
per
crued
interest
vorable
check
consideration. A certified
for
$2,000 is required. An
issue of $100,000 not to exceed 3%.
interest electric revenue bonds of¬
fered
May 11
on
was
not sold.
maryland
>
,
Howard
County (P. O.
Ellicott City), Md.
;
not to exceed 3%
bonds.
coupon
,.
.
interest school
Dated July 1, 1948.
Denomination
000
$1,000.
Due $25,July 1, from 1949 to 1968
Principal and interest
payable
at the Patapsco
on
inclusive.
(J-J)
National Bank, Ellicott City. Bid¬
ders
are
requested to
the
bonds,
rates their bids
mitted.
terest
on
which
based and sub¬
must
or
rate
rates
specify
for
or
in¬
of
be in multiples of
Y&
Bidders may name
two rates of interest but may
rate
the
are
The rate
1/10 of 1%.
or
name
rates of interest to be paid
or
more
date is
on
or
after June 15,
only if the prior redemption
any
than
one
not
interest
one
massachusetts
after June 15, 1953, and on
same
Of the
the
electric,
bonds.
1954;$14,000 from 1955 to
1957, and $15,000 in 1958.
<
-
2% of face value
redemption date is
1958,
and at face value and accrued in¬
for
as
interest equal to
that
Received
received
were
21/2%
1948
maturity.
The
bridge
refunding bonds. Dated
legality of the issue will be ap¬
June
15,
1948.
Denomination
proved by Charles E. Hogg, attor¬
$1,000.
Due on Dec. 15, as fol¬
ney for the County Commissioners
lows: $3,000 from: 1949 to 1959;
and Wendell D. Allen and Niles,
$10,000 from 1960 to 1962; $15,000
Barton, Morrow & Yost of Balti¬
from 1963 to 1967, and $12,000 in
more, and the approving opinion
1968.
Subject to prior redemption of these
gentlemen will be fur¬
on or after June 15, 1953, only in
nished upon request of the pur¬
inverse numerical order, in whole
chasers without charge.
A certi¬
or in part at the County's option,
fied check for $25,000 payable to
upon payment of face value and the
County Treasurer, is required.
accrued interest plus additional
on
Delmar
of
Due
...
83,000
on
O,
Paducah), Ky.
Bond Offering — Rudy Pierce,
to exceed 2%'%
building bonds offered on June
21—v.
167, >p. 2735—were pur¬
chased at public auction by a syn¬
dicate
composed of the Harris
Trust & Savings Bank of Chi¬
"
rate
McCracken County (P.
ap¬
$145,000
Rapids Indep. Sch. Dist.,
Bond
a
kentucky
election
an
of
the issuance
Hospital bonds.
proved
Cedar
at
;'v.77 from 1961 to 1968 inclusive.
Vista County
Buena
construction
net interest cost
of 1.90%, as follows: $170,000
as l3As, maturing on Aug.
1,
from 1949 to 1960, and $120,000 as 2s, maturing on Aug. 1,
bonds,
The bonds are to be re-
jected.
hospital
290,000
building
$35,000
bonds.
net interest cost of 1.90%,
'
the
follows:
series
follows:
as
Tippecanoe Township School Twp.
(P. O. North Webster), Ind.
for
as
electric,
Bond Offering—John L.
Igle$492,000 as l3,4s, hart, Clerk of Board of County
1949 to 1960, and $333,000 as Commissioners, will receive sealed
bids until 11 a.m. (DST) on July
2s, maturing on Aug. 1, from
13 for the purchase of $500,000
1961 to 1968, all inclusive.
at
of County Commis¬
All Bids Rejected—All bids re¬
2%
$825,000 electric light plant bonds,
sioners, is required.
ceived
Na¬
..
value of the bonds bid on, payable
the Board
City
City, Milwaukee Co., of Milwau¬
kee, Small-Millburn Co., and Bar¬
ret, F,itch & Co., both of Kansas
City/as follows: v ;
v; .
certified check for 3% of the face
to
Chicago,
of
tional Bank
McCord, Ice & Miller,
approving the le¬
gality of the bonds Twill be fur¬
the
both
Co.,
of Indianapolis,
nished
on
2735—were purchased by a
syndicate composed of the First
National
Bank,- Northern Trust
bids will be considered. The opin¬
ion ;of Ross,
Kan.
$1,115,000
June 24—v. 167,
The
—
p.
conditional
No
Sale
Bond
bidder.
No
bid for less than par and accrued
interest to date of delivery will
be
& Co., both of
Coffeyville,
not
interest rate shall
one
named
of
rate
of
Bank
K. Baum
City; Small-Milburn Co.,
of Wichita; Columbian Securities
Corp., and Beecroft, Cole & Co.,
both of Topeka, as 2s, at a price
of 100.126, a net interest cost of
1.9876%.-Dated July 1, 1948. Due
serially on Feb. and Aug. 1, from
1949 to 1968, incl. •
:
• >7
July 1, 1948. Denomination $1,000.
Due $10,000 on July
1949; $10,000 Jan. and July 1, from 1950 to
the
June
$143,000
$15,000 on
May 1, from 1949 to 1952 inelusive.
...; * ■
7
'
on
Kansas
name
sealed
on
ing bonds offered on June 22—v. May 1,1951, with a stipulation that
167, p. 2735—were purchased by a the City will pay the holder of
syndicate composed of the City any such bonds thus redeemed
June 30 for the pur-r
chase of $400,000 not to exceed
3% interest hospital bonds. Dated
to
(CST)
purchase of
p.m.
be optional for redemption
on
multiples
8
Baldwin,
receive
bonds divided
1948
$280,000
kansas
School
Abilene
George
(CST)
will
the
$60,000
election
sanatorium construction bonds.
National
2
i
con¬
June 21
voters
the
7
issuance
the
proved
At
—
June
on
Interest
,
/Paris, Ky.
1
,
held
date called.
ceases on
Wapello County (P^'O. Otlumwa),
'"V<1
Iowa
■'
'/ ■ ,!4
will
until
bids
and
Said
registered as to
principal only in the name of the
multiples of
bonds may be
on
1944. * Holders of
present same
1,
should
dletown,
167, p. 2735—were purchased
by the Palo Alto Qounty State
Bank, of Emmetsburg. ^
"
p.m.
Auditor,
County
sealed
receive
..
;
$35,000
a pre¬
of the face amount.
July
bonds
-v.
1950 to 1957, and
1958, all inclusive.
Offering
Bond
-,V.;
Kankakee, III.
Bond Offering—Herbert J. Hess,
:
Sale—The
Bond Sale—The
between the purchaser and
District.
the
said
Principal
struction bonds offered
*
to
Dated
Consolidated
(P. Q. Ay shire), Iowa
Sch. Dist.
interest, plus
for payment at the Bank of Mid¬
Silver Lake Township
interest
price of 100.168, a net interest cost
1.834%, as follows: $175,000 as
l%s, maturing on July 1, from
1953 to 1959, and $75,000 as 2s,
maturing on July 1, from 1960 to
1962 inclusive. Dated July 1, 1948.
.
1967, all inclusive.
accrued
mium of 5%
Township' Trustee,
civil
The next
and
-
bidder.
each
by
Nuveen
of
$500
and interest (J-D) payable at the
Town Treasurer's office.
i
rate
,
p.
follows:
as
revenue
illinois
Airport
Authority
(P. O. Charleston), III.
Bond Sale—The $250,000 airport
bonds offered on June 17—v. 0167,
1,
to
are
interest
one
Dec.
on
1949; $1,500 in 1950; $1,000 in
1951; $1,500 in 1952 and 1953;
$1,000 in 1954: $1,500 from 1955
to 1960; $2,000 in 1961;, $1,500 in
1962 and 1963; $2,000 1964; $1,500
in 1965; $2,000 in 1966, and $1,500
multiples of % bf 1% , and
Madison
Coles
in
1948 bonds.
100.15.
Harris, Hall & Co,
& Co.,
brook
Due
of
chase
bid,-payable to the County, is re¬
quired. '■ '
' /
Inc., A.
Co.,
such
(b)
or
purchase such bonds at par. Ap¬
proved as to legality by Pershing,
Bosworth,
Dick & Dawson, of
Denver, whose opinion, together
with the printed bonds arid a cer¬
tified transcript of the legal pro¬
ceedings,
will be furnished to
purchaser without cost.
A certi¬
fied check for 5% of the amount
C.; Allyn & Co.,
Inc., Blair & Co., Inc., Equitable
Securities
Corp., R.
W. Press&
purchase
the lowest rate of
interest at which the bidder will
bonds,
J. Van Ingen
Securities Corp., B.
will
bidder
the
the purchaser.
Note
Dedham, Mass.
Offering — Cecelia
A.
Galvin,
urer,
til
the
10
Temporary Town Treas¬
will receive sealed bids un¬
a.m.
(DST)
purchase of
on June 30 for
$223,000 coupon
notes, divided as follows:
fol¬
lows: $4,000 from 1949 to 1961
inclusive*
and $3,000
from
1962
July
Due
notes.
1967
to
The
addition
house
school
$70,000
15,
jnclusive.
83,000 sewer notes. Due July 15,
as follows: $6 000 from 1940 to
1961 inclusive, and $5,000 in
1962..
70,000 street construction notes.
Due July 15, as follows: $15*-»
000 from
1949. to
1952 in¬
the
at
time
same
B)
(lot
bonds
$8,700,006
offered
as
were
purchased by a syndicate com¬
posed of the Chase National Bank,
First
National
Bank,
Halsey,
Stuart & Co., Salomon Bros. &
Hutzler, R. W. Pressprich & Co.
.all of New York, Northern Trust
Co. of Chicago, Blair & Co., Inc.,
Union Securities Corp., Dick &
Merle-S hi i t h,
Hornblower
&
McEntee & Co.*
clusive and $10,000 in 1953. y E. H. Rollins & Sons. Geo. B. Gib¬
bons. & Co., Inc., First of Michi¬
Fitchburg, Mas*.
gan Corp, Otis & Co. all of New
Note Sale—The $200,000 reve¬
York, Schoellkopf, Hutton &
nue notes offered on June 22 were
Pomeroy of Buffalo, Stranahan,
purchased by the First National Harris & Co., Inc. of Toledo* W.
Bank, of Boston, at 0.66% dis¬ H. Morton &
Co., Brown Brothers
count.
Due March 29* 1949. The
Harriman & Co. both of New
next highest bidder was the Sec¬
York and Robert Hawkins & Co.
ond
National Bank, Boston,, at
of Boston as 1.70s, at a price of
Adams,
Weeks,
0.694%.
106.2299*
Lexington, Ma**.
I.683%,
-
purchased
Laidlaw & Co., of New York,
by
inclusive; *
•
,
~
lVzs, at a price of 100.276, a
basis of 1.444%.
Dated July 1,
as
District—water
ally
'
All
purchased
—were
"
Weeks
&
1
Stubbs,
de-,
by
Whiting,
of Boston, as
*/4s, at a price of 100.098, a basis
1.216%.
Dated July 1, 1948.
of
Due
serially
on
July 1, from 1949
to 1953 inclusive.
bidder
The next highest
the
was
Higginson
Lee
Corp., for IV4S, at 100.032.
Maiden, Mass.
Bond Sale—The
$60,000 stadium
bonds offered on June 22—v. 167,
2736—were purchased by Whit¬
ing, Weeks & Stubbs, of Boston,
as
1V2S, at a price of 100.69, a
basis of 1.265%.
Dated July 1,
p.
1948.
Due
1949 to
serially
on
July 1, from
The next
the
of
bidder
$100,000
Sale—The
Bond
1948 to
bonds
above
■
are
bonds
Lot A
the
for
and
Associates,
Chicago,
$6,000,000 as
for
Newton, Mas*.
Bond Sale—The
p.
on
$651,000 school
June 22—v. 167,
purchased by the
of New York,
2736—were
the
Note
sealed
p.m.
Mass.
Sale—The $94,000 school
until
29 for
receive
(DST)
purchase of
11
a.m.
the
tuberculosis
$275,000
hospital
maintenance
loan
June 29, 1948.
Denomination $25,-
000.:
Due
on
notes.
March
/Dated
15, 1949.
Reading, Mass.
;
Bond Offering—Preston F. NicMassachusetts (State of) /. V; /
Bond
ols, Town Tresaurer, will receive
sealed
Sale —The
$13,800,000
bonds (lot A) offered on June 24
—v. 167, p. 2736—were purchased,
by a syndicate composed of the
Chase
Bank,; Halsey,
Co., Salomon Bros. &
Hutzler, R. W. Pressprich & Co.
-all of New
York, Northern Trust
Co. of Chicago, Blair & Co., Inc.,
Union Securities Corp., Dick &
Merle-Smith, Adams, McEntee &
Co., E. H. Rollins & Sons, Geo. B.
Buffalo,
Brothers Harriman &
York
'
of Boston,
net
cost
of
follows:
loan
1.30s. Due serially
April 1, from 1950 to 1958
on
highest
Ocean
from
1949
to
1958
inclusive.
j
Due
seri-
water
June
1,
bidder
National
The next
1948.
was
the
Bank,
First
&
Newbury-
port, for 2V4s, at 101.06.
/
minal facilities loan bonds, as
1.30s. Due serially on April 1,
.
.
inclusive.
300,000 Fall River Harbor Ter¬
Lee
loan, act of 1946
bonds. Due serially on June 1,
from 1951 to 1970, incl.
Dated
capital•- outlay
v
ally on, June 1, from 1951 to
-1978, incl.
'
a
; •.
'
100,000
follows:
Springfield, Mass.
1.68%.
MICHIGAN
Battle Creek School District, Mich.
Bond Offering
O. A
—
Kase-
City Comptroller, will re¬
sealed bids until 7 p.m.
ceive
(EST) on June 28 for the purchase
$147,000 not to exceed 3% in¬
terest local improvement coupon
bonds.
Dated July 1, 1948.
De¬
of
$1,000.
Due on July
follows: $35,000 from 1949
1951-, and $21,000 in 1952 and
1953.
Principal
and
interest
(J-D) payable at the City Treas¬
1,
as
to
Rate of interest to
urer's office.
be in
interest
4%
storm'sewer
Assessment Dis-
The bonds whether amortiza¬
Due
bonds.
1
No.
on
tion
serial
or
bonds
tyill
be
re¬
deemable five years after the date
Nov. 1, as follows; $5,000 from' of issue or
any interest paymeht
1948 to 1955, and $2,000 in date thereafter. / The bonds will
1956.
be sold for* not less than par arid
.
Dated July 1, 1948.
Denomina¬
tion $1,000.
Principal and in¬
accrued
interest to date of deliv¬
multiples of y4 of 1%.
Essexville, Mich*
Offering *— William
The Council reserves the
multiples of V4 of par.
interest rate for each right to reject any or all bids arid
to sell the bonds at private sale. A
period on any one bond
shall be at one rate only.
Bids* certified check for $2,500 payable
shall be conditioned upon the un¬ to the City Clerk,, is required. :
qualified opinion of Miller, CanGlasgow County Sch. Dist. No. IS
field, Paddock & Stone, of De¬
(P. O., Cut Bank), Monl.
troit, approving the legality of the
Bond Sale—The $325,000 build¬
bonds, which opinion will be fur¬
nished without expense to th,e ing bonds offered on.June 18—
v.
167,, p. 2.737—were -sold as
purchaser prior to the delivery of
*
the bonds. The printed" bonds will 2%s> Dated July 1, 1948.
be furnished by the City. A certi¬
Montana (State-of)
fied check for $4,000 payable to
Debenture Sale—The $3,000,000
the City Treasurer,, is required.
State highway treasury anticiphti'ori debentures offered on June
Mount Pleasant, Mich.
Bond Sale--The $130,000 water 22—v.
167, p. 2305^-were /pur/
bends offered oh June 21-^Vv'167,- chased by a syndicate composed
p.;
2736;—were
purchased
by oi. Stnithy Barney. &. Co.* of New
Braun, Bosworth & Co., as 2s, at York; First Boston Corp., Phelps,
a
price of 100.17, a basis of Fenn & Co., of New York; Illinois
1.982%. Dated July 1, 1948. Due Co., of Chicago; G. H. Walker &
serially on July 1, from 1950 to Co., of New York, and Bosworth,
terest to be in
1 %.
The
coupon
'
The next highest bid-, SuBlyaiii^ 8t VCo,; nf :Denvey, as
First of Michigan 1.90s, at a price of 100.516* a basisof 1.789%.. Dated July 15,. 1948.
Corp.,, for 2s, at 100.06.
Due July 15, 195.8. The next high¬
1969/ iricL
der
the
was
K.
MINNESOTA
est bidder was Shields &
Austin, Minn.
Associates* for 2^, at 160,212..
000
not
3%
exceed
to
interest
general obligation coupon bonds.
Dated March
Denomina¬
Sept. 1, as
follows: $7,000 from 1950 to 1954;
$8,000 from 1955 to, 1959, and
$10,000 from 1966 to 1973, incli.
Principal and interest (M-S) pay¬
able at the City Treasurer's office,
or at the option of the holder at
the Bay City Bank,
Bay City.
tion
$1,000.
Fcrt
1, 1948.
Due
on
Fractional
School District No. 1 (P. O.
Gratiot
Bond
Township
Port Huron), Mich.
Offering—A. D. Adams,
Bond
Offering—J. H. Weiland,
Yellowstone
No. 2
City Recorder, will receive sealed
bids until 8' p.m.
(CST) on June
3ft for the purchase of $50,000
general
obligation
intercepting
sewer
Dated
bonds.
July
1,
1948.
follows: $3,000 from
1950 to 1954*
$4,000 from 1955 to 1959* and $5,f;
000
from
The
1960
Common
to
1962
inclusive.
Council will deter¬
mine whether the bonds shall
ture
aforesaid
as
without
ma¬
June 29 for the pur¬
$30,000 not to exceed
Dated
school
interest
bonds.
to 1953 will be subject to redemp¬
tion upon
at
30 days' published no¬
the
option of the School
interest payment
date after July 1, 1949, in inverse
Board
on
for
any
numerical order at the par value
thereof and accrued interest plus
called
follows:
as
before
2%%
if
Jan.
1, 1950;
1%% if called after Jan. 1, 1956,
but on or before Jan. 1, 1951, and
without premium thereafter. Prin¬
cipal and interest (J-J X payable
on
the
or
Michigan
Huron.
National
Bank,
.
Fairmont, Minn.
Bond Offering—The City Clerk
will
receive
sealed
bids
until
1948.
City, Mich.
r
Bond Offering—Douglass Wad-
dell,
City
Clerk,,
will
receive
(DST) on
sealed bids until 8 p.m.
Dated
bonds.
Amortization
con¬
1,
AUg.
bonds will.be
fhe; firs) ' choice? and serial/bonds
will be the second choice of the
School Board.
NEVADA
Washoe
County Consolidated Sch.
Diet. No. 3' (P. O. Reno), Nev. *
Bond Sale—The
$35,000 build¬
bonds offered on June 22
—v; 167, p„ 2629*—'were purchased
by Peters, Writer & Christensen,
of Denver, as 3 %s./Dated May 1,
1948. Due serially on May 1* from
1951 tn 1968*. in.eL;
ing
...
8 p.m. on
NEW HAMPSHIRE
July 8 for the purchase
of $200,000 sewer bonds. Complete
details may be obtained for the
Note Sale-—The ^200,000 tempo¬
office of T. G. Evensen & Associ¬
loan notes offered on June 23
purchased by the Merchants
Bank,! of
Boston, at
Minn.
0.774% discount, i Dated June 24,
Pelican (P. O. R. F. D. Pelican 1948. Due $100,000 Dec. 8. and 20,
Rapids), -Minn:
'
1948. The next highest bidder was
Bond Offering—John J. Mesna,
the National Shawmut Bank, Bos?ates, Inc., 723 First National Soo
Line
Building,
Minneapolis
2,
rary
were
National
.
Town
will * receive sealed
(CST) on June
purchase of $20,000 not
Clerk,
bids until
30 for the
2
ton, at 0.78%.
p.m.
exceed
3%
interest
road
Denom. $1,000.
on
/
Bond Sale—The $145*000 water
and
July 1, as
1967*
and $2,000 in 1968.
Principal and
interest
(J-J)
payable
at: any
banking institution in the State as;
may be designated
by the pur¬
Due
^
Prapklm, N. tf,.
-
to
bridge bonds.; Dated July 2, 1948.
follows: $1,000 from 1950 to
'
Garden
the date called
redemption. Bids may be sub¬
op either or both bases.
.
premiums
to
mitted
coupon
1, 1948. i De¬
nomination $1,000. Due on July 1,
as follows:
$5,000 in 1949; $6,000
from 1950 to 1952, and $7,000 in
1953. Bonds maturing from 1950
July
(f. O. Sittings), Mtcntr. '
struction
1951, and on any interest payment
thereafter; at par -plus ac¬
interest
»
District
Bond Offering, —Edward Xacklen* District Clerk, will receive
sealed bids until 8; p;m. (MST) on
July 20 for the purchase of $662,-
date
crued
on
Sch.
option
of prior payment or whether they
shall be subject to prepayment at
the option of the City, on Jan. 1,
Secretary of Board of Education,
of
County
Co., and
Denom. $1,000. Due on Jan. 1, as* 000 not to exceed 6%'interest
will receive sealed bids until noon
Port
vately at 0.665% discount. Due
$600,000 on Nov. 10 and $300,000
exceed
Gaffney, City Clerk, will receive
sealed bids until 7 p.m. (EST) on
June 28 for the purchase of $215,-
,
Note Sale—An issue of $1,000*revenue
notes was sold pri¬
for the purchase of $55,000 not to
ery and all bidders must state the
terest y(M-N> payable at the City lowest rate of interest at which
Treasurer's office*
Rate of in*' they will purchase the bonds at
t%s, at 100.377.
meyer*
:
,
.
cil..
Special
trict
l%s, at 100.56, basis of
Dated July 1, 1948.
Due
as
serially on July 1, from 1949 to
1968 inclusive.
The next highest
bidder was Weeden & Co., for
.
in 1952.
42,000
& Trust Co., of Wal¬
Bank
tham,
at
006
; 7
County (P. O. Ne w Albany),
:• Mississippi
I;
Special Assessment Dis- system bonds. Dated July 1, 1948.
trlct No. 2 bonds, / Due on Amortization bonds will be the
Nov.
1, as follows: $12,000* first choice and serial bonds will
from 1948 to 1951* and $6,000- be the second choice of the Coun¬
;
Newton-Wal-
the
by
purchased
tham
tice
$145,000 water bonds.
\
as
the
by
v
■
bonds,
purchased
2736
Falls,
$50,000
1946 bonds offered on
16.7,. p. 2736—were
3V2%
„
Higginson Corp., Estabrook & Co.,
and R. L, Day & Co., all of Bos¬
ton, jointly, as 2y4s, at a price of
101.18,
a
basis
of
2.145%v as
follows:
7,500,000
June 23—v. 167, p.
on
—were
as
to, 1952 inclusive.
"
Sale—The $245,000 bonds
Union
crued interest plus
22—v.
(DST)
offered
& Co.
$6,000,000 General Edward Law¬
rence Logan airport improve¬
ment loan bonds, as 114s. Due
serially on April 1, from 1949
Na¬
Rowley, Mass.
Co. of New
1.267%,
June
on
Bond
at a price of 100.09, a
interest
Bond
chase
Brown
Robert Hawkins
and
Second
clusive*
Gibbons
&
Co., Inc., First of
Michigan Corp., Otis & Co. all of
New York, Schoellkopf, Hutton &
of
the
c/o
June 30 for the pur¬
chase of $500,000 school coupon
bonds.
Dated July 15, 1948. De¬
nomination $1,000, ~ Due $25,000
on July 15, from 1949 to 1968 in¬
(DST)
National
Pomeroy
bids
tional Bank of Boston, 111 Frank¬
lin
Street,
Boston, until noon
&
Stuart
:
Bond
will
Treasurer,
bids
June
on
Co., Paine, Webber, Jackson &
Curtis, Whiting- Weeks & Stubbs,
and Robert Hawkins & Co., joint¬
:
1
Offerlng~-Avis A. Ewell*
County
serially on July 1, from 1949 to
1968, all inclusive. The next high¬
est bidder was Halsey, Stuart &
ly, for 2s, at 101.838.
until
bids
R.
Plymouth County (P. 0.
,Plymouth),r Mass.:
Bank,'of Chicago, jointly as l3/4s,
at a price of 100.219, a basis of
1.725%. Dated July 1, 1948.
Due
*
1943.
Weston,
27, 1948;
Savings
&
Trust
Harris
sealed
Archie
—
(DST) on June 30 for the pur¬
chase,
at
discount of $700,000
temporary loan notes.
Due Nov.
Bankers Trust Co.,
and
Offering
Fergus
MISSISSIPPI
Order, on any interest date on or
after March t, 1950* at par and ac¬
provement coupon bonds divided
clusive.
nomination
ceive
Note
of
bids must be unconditional.
<
Dated July 1,
the Day Trust
Co., all of Boston, at 0.68%. Dated
June 25, 1948.
Due Sept. 30, 1948.
The next highest bidder was the
Second National Bank, Boston, at
0.732%.
Rufer,
&
gren
without cost to the purchaser. All
-
•
$6,000,000 as 1.70s, and $2,700,000
Bank, of Battle Creek, at 1,125%.
l%s, at par.
Dated June 22, 1948.
Dud Jam
Note Sale—The $3,000,000 notes
21, 1949.
The only other bidder
offered on, June 22
were
pur¬
was the Michigan National Bank,
chased by a syndicate composed
Battle Creek, at 3.00%.
of the First National Bank, Na¬
Bay City, Mich.
tional
Shawmut Bank, National
Rockland Bank, and
pervisors. The Town will furnish
the printed bonds and the
approv¬
ing legal opinion of Dell, Rosen-
a premium of.
Bends Approved as to Legality
$lCPper bond if redeemed on or
—An issue of $25,000 bridge re¬
50,000 macadam pavement loan; before March 1, 1953, and without
bonds:
Duo 10,006 on July 1, premium if redeemed thereafter pair bonds has been approved as
to legality by Charles & Trauerfrom 1949 to 1953 inclusive.
upon 30 days' published notice..
nicht, of St. Louis./ //
50,000 highway department
Kalamazoo, Mich.
^
equipment loan bonds.
Due
;
MONTANA
v V ;
Bond Offering—Marie F. Filar$16,006 on July X, from 1949
ski, City Clerk, will receive sealed
Fort Benton, Mont.
to 1953 inclusive.
\ ;
bids until 8 p.m. (EST) on July 1
Bond Offering — Li G. Wright,
35,006 fire department equipment
for the purchase of $96,000 not to
loan bonds.
Due $7,000 on
City Clerk, will receive sealed
exceed 2}/z% interest street im¬
bids until 8 p.m, (MST) on July 1
July 1, from 1949 to 1953 in¬
as
at 100.629.
bonds offered
~
Is, and $7,800,000 as 1.40s, at
Note Sale—The $75,000 tax an¬
100.033, and Lehman Bros., and
Associates, were the next highest ticipation notes offered on June
21—v.
167, p. 2736—were pur¬
bidder for the Lot B bonds, for
chased by the Security National
Whitman, City Treasurer, will re¬
Marblehead, Mass.<„
-
was
highest bidder was the National
Shawmut Bank, Boston, for IV2S,
-
follows:
the First National Bank,
inclusive.
1953
Oc. 1, from
April 1, 1948, All bonds, are
non-callable.
The
next
highest
Lynn, Mass. '
partmental equipment 1948 bonds
offered on June 22—v. 167, p. 2736
seri¬
Due
bonds.
dated
100.13.
I
on
develop¬
use
19.77 inclusive.
IV2S, at
Bank, Boston, for
tional
loan
ment
July 1, from
1949 to 1958, incl. The next high¬
est bidder was the Merchants Na-^
Due serially on
1948.
Water
chaser and the Towrr Board of Su¬
$285,000
as
loan No. 5,
>.
Metropolitan
2,700,000
July 6 for the purchase of $100,-.
000 not to exceed
4% interest
June 30 for the pur¬ optioii of redemption of any or all
coupon bonds; •of the
bonds, in inverse numerical
on
of
«
167, p. 2735—were
on
as
school $6,000,000 Logan Airport improvement loan bonds. Due serially
remodeling
and reconstruction
on April 1, from 1957 to 1965
loan
notes offered on June 23
—v.
$100,000
and
1948,
1949.
$150,000 water loan bonds.
Due
$10,000 on July I, from 1949
/ to 1963 inclusive^„*«■ \ "V
$95,000
Sale—The
Note
(DST)
chase
divided
follows:
as.
15,
12,
sewer coupon bonds.
Dated June
Waltham, Mass.
;
/ 1, 1948. Denomination $1,000. Due
Bond
Offering — Arthur : E.
on
Sept. 1, as follows: $10,000
Storer, City Treasurer, will re¬ from 1950 to 1953, and $15,006
ceive sealed
bids until 11 a. m,
f^om 1954 to 1957 inclusive, with
of
cost
interest
net
a
Dec.
Jan.
Monday, June 28, 1948
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2838)
54
bonds offered on June 23—v. 167,
p.
2737
— were
purchased by the
First National Bank of Boston, as
2y4s, at
a
price of 102.06, a basis
of 2.034%. Dated July L 1948. Due
serially
on?
July 1, from 1948 to
* '*
1968 inclusive.
..
Volume 167
THE COMMERCIAL
Number 4711
&
FINANCIAL
CHRONICLE
(2839)
i
NEW JERSEY
.
Delanco Sewerage Authority (P. O.
*
Delanco), N. J.
V
*
Bond
Offering—R.
to
not
R;
divided
gal, Chairman, will receive sealed
bids until 8 p.m. (DST) on June
28 for the purchase of $380,000
revenue
proved
J
Island Heights, N. J.
"
receive
<DST)
sealed
bids
until
8
on
cify
which, of
the
men¬
above
tioned rates of interest the bonds
to
are
bear, and
bids will be
no
interest rate
bid
is
est
rate.
rates if any
or
received at
;
No
higher
lawful
will
sold
be
for less than par and accrued in¬
terest. '
The
opinion * of Walter
ceive
legally binding obligations of
Borough, will be furnished
are
the
the successful bidder.
A certified
check
amount
for
2%
the
of
Bank,
the
at
(DST)
pon
,
/
.
New
highest bid
sealed
(DST)
bids
until
11
for 3y4S,
was
and 3y2S.
a.m.
sealed
Offering
Ehrhardt,
Lawrence J.
—
Comptroller, will
City
bids
sealed
until
Sells
12.30
(DST) on June 29 for the
purchase of $1,377,000 not to ex¬
ceed 4% interest coupon or regis¬
p.m.
Hamilton
10.30
ments
1958r inclusive.
$456,000 general improvement of
for $500.
1948 bonds:
f
on?
July 15,
$31,000 from 1949
to 1954, and $30,000 from 1955
:
lows:
.
from-1949 to
1961, and $2,000
Mj
33,000. road bonds. Due on July
15,: as follows: $3,000 from
1949 to 1951, and $2,000 from
will b.e sold
as
a
combined issue
"as
though they constituted one
single issue, and the combined
maturities of said issues maturing
July
15 of each year are as
follows: $37,000 from 1949 to 1951;
•on*
/-$36,000 from 1952 to 1954; $35,000
.from 1955 to 1961, and $34,000 in
•1962 and-1963.
,
•
Bond Sale—The $119,000 emer¬
gency housing bonds offered on
June 22 — v. 167, p. 2629 — were
purchased by White, Weld & Co.;
of New York, as 1.60s, at a price
of 100.067, a basis of 1.58%. Dated
June
1,
June
1948;
1, from
Due
serially
on
1949 to 1959 inclu¬
sive. The next highest bidder was
the
/Fidelity
Union
Trust
Co
'
Newark, for J.60s, at 100.063,
NEW MEXICO
;
/
a single rate
multiple of lh or
1%, for all of the bonds
No bid for less than par and ac¬
ance
Co. of Milwaukee, Wiscon¬
sin, and the Mutual Life Insurance
/> 6%
'
interest school bonds.
July 1, 1948. Denomination $5,000.
Due
.
.
<
Dated
$25,000
from
1949
on
to
Jan. and July
1957,
1,
and* $35,000
Jan. and $40,000 July 1, 1958, with
the option to pay any or all bonds
be
the
same
all
for
of
by the First Nationa
Bank, of Boston.
Delivery wil
be on July 20 or as soon there¬
after as they can be prepared, a
the above bank, or at the option
of the purchaser, at the New York
or
at the
County
office. ?' ZI
certified check for $27,540
Roswell, N. Mex.
/
City
Clerk,
bids until 8
/
29
for
the
Eastchester, N. Y.
Sale—The
on
$30,800
bonds
June 22—v. 167, p. 2737
purchased
by
George B
Charles
E. Weigold & Co., both of New
York, jointly, as 1:60s, at a price
of 100.08, a basis of 1.57%,, as
Gibbons & Co., Inc., and
follows:
•/
$18,000 highway 1948 bonds.
12,800 parking space 1948 bonds.
Dated May 1, 1948. Due serially
on May 1, from 1949 to 1953, incl.
,
Greenwich
Central
School District
(P. O. Greenwich), N. Y..
>
Bonds Not
not
Voted—At
on
a
•
special
bids
until
of
the
as
Committee
Port
or registered bonds
follows:
$33,000
street5 ' and
sewer-1948
bonds:
Dated July 1, 1948.
Finance
on
deter¬
to
mine the time and amount of the
issuance of the balance of the first
installment of this first series.
noon
The
of
proceeds
$30,000,000
Bonds
poses
tion
of this first sale
of Air Terminal
earmarked
are
for
pur¬
of construction, rehabilita
development of New
and'
York International
Airport, New¬
Airport and LaGuardia Air¬
Denomination $1,000. Due on port, "Mr; Cullman'stated. J"
July 1, as follows: $5,000 from
Pointing out that the entire his¬
1949 to 1953, and $2,000 from
tory-making $30,000,000 issue is
1954 to 1957 inclusive.
In** being purchased by three of the
h-0 terest payable J-J.:
nation's
great financial institu
14,500 water-1948 bonds.
Dated tions. Mr. Cullman said that "the
•
ark
July 1, : 1948.
Denomination sale of these bonds is naturally a
$1,000 one for $500. ' Due on source of great satisfaction to the
July 1, as follows: $2,500 in Commissioner's of the Port Au¬
1949; $2,000 from
1950
to thority.
It marks a further con¬
1953, and $1,000 from 1954 to structive achievement by the Port
/
*
1957 inclusive.
Interest pay¬
Authority in' revenue bond fi
nancing—one which I am con¬
vinced will point the way for the
sound development of public air
terminals throughout the coun¬
,
able J-J.
26,500
sewer-1948 bonds.
Denomi¬
storm
on
:
,
May 1,
as
follows: $2,500
in 1949, and $3,000 from 1950
1957
inclusive.
Interest
to
payable M-N.
interest
payable
at the Marine Trust Co.,
Buffalo;
Principal
and
'Major cities where airport
expansion is most urgently re¬
try.
quired are finding that the press¬
ing needs for schools, hospitals,
streets, sewers, libraries and other
essential municipal services are so
great as to make impossible the
financing of sound airport de¬
Bond Sale—The $10,500 judg¬
velopment with general obligation
ment funding bonds offered on bonds.
At the same time the Fed¬
June 17 were purchased by Sher¬ eral
Airport Aid program canno
Middleville, N
Y,
approve
the
issuance of
; Z
(P. O. R.F.D. No.
inclusive.1
The next highest
Bonrf Offering—John H.
han,
Clerk,
District
sealed' bids
until
2
will
Gasport), N. Y.
'/'
>
; Bond
Offering—C. Warren Silsby, Town Supervisor, will receive
sealed bids until 2 p.m.
(DST). on
of $10,-
June 28 for the purchase
of
worth
&
Chicago; Braun, BosCo., Inc., J. Lee Peeler
& Co., of Durham, and the Vance
Securities Corp.; of" Greensboro*
at a price of 100.028, a net inter*
est cost of 2.3143%, as follows:
$70,000 as 5s, maturing on June 1*
in
1950
and
1951; $300,000 as 2s,
on June 1, from 1952 to
$240,000 as 2y<is, maturing
from 1956 to 1965, and $140,000 as
2%s, maturing from 1966 to 1968*
all incl. Dated June 1, 1948.
maturing
1955;
Gaston
County (P. O.
Gastonia), N. C.
Bond
Offerihg—The
school
$1,600,000
series 'A bonds
building,
June
on
22—v.
167, p.
by a syn¬
composed of Scott, Horner
Mason,
of
Lynchburg;
the
purchased
dicate
&
Branch
Banking
&
Trust Co.,
Wilson; Interstate Securities
Corp;, of Charlotte; Jackson &
Smith, of Gastonia, and Peoples
of
National Bank, of Charlottesville,
at a price of 100.0006, a net inter¬
est cost of 2.4516%, as follows:
$150,000 as 5s, maturing on June
1, from 1950 to 1953; $325,000 as
2s, maturing on June 1, from 1954
to
1958; $375,000 as 2V4S, matur¬
ing from 1959 to 1963, and $750,000
as
from
2%s/maturing on-June 1,
1973, all incl; l>~dtecr
1, 1948. '
1964 to
June
Stanly County (P. O. Albemarle),
North
Bond
Carolina
Sale—The $470,000
school
building bonds offered on June 22
167, p. 2738—were purchased
by a syndicate composed of the
First Securities Corp., of Durham,
Campbell/Phelps & Co.,sof New
York, Commerce Union Bank, of
Nashville,* and B. J. Van Jngen &
Co., of New York, at a price of
100.004, a net interest cost of
2.5395%, as follows: $90,000 as 3S,
—v.
maturing on June 1, from 1951 to
1958, and $380,000 as 2V2S, matur¬
ing on June 1, from 1959 to 1977
inclusive.
Dated
June
1,
1948.
NORTH DAKOTA
Casselton
Special
No.
/
17,
School District
Dak. :'
N.
Bond Sale—The
$95,000 building
Qa/June 23—v/167,
2630—were purchased by a syn¬
bonds offered
p.
F(rst Na¬
Minneapofe) First
dicate
composed of the
tional
Bank of
receive
(DST)
purchase of
p.m.
1,
as
follows: $6,000 frQ«r 1949 to
concessions and
which
other
made
are
sources
aL
available
revenue
of
airports
centers of
com¬
munity life.
;
"Experience in the first year of
the Port Authority's operation of
LaGuardia has
already demon¬
.
strated
ther soundnes
of
this
ap¬
1953, and $7,000 teffii 1954 to proach. The sale of this first $30,000,000 of our Air Terminal Rev¬
1968, all inclusive.hdPiihcipat and
enue Bonds is an indication of the
interest
(J-J)
payable at the
Co.,
A..*-:
Fire
District,
Mt.
on
Pleasantville), N: K.
receive
sealed
of
the
financial
com¬
in the Port Authority's
program of airport development
bids
until
this basis."
The
Bond' Offering — Maurice D.
Cadman, Fire District Treasurer,
will
confidence
munity
Glens' Falls.
2
p.m.
(DST) on June 28 for the
purchase of $39,500 not to exceed
Natmhfct Bank of St.
for
Moynii-
July 1 for the
$135,000 not to exceed 5% interest
building
coupon
or
registered
bonds.
Dated July 1, 1948.
Denomination $1,000.
Due oq July
on
Pleasantville
1,0
Bank,
Pau%d®d the
pattern must be developed
FMst ^tate Bank, of Cas^lton, as
putting such facilities on a
bidder was the Middleville Na
gMs,;at a price of 100.106, a basis
self-sustaining
basis,"
he
corn*
tional Bank, for 3s/ at par;
,<Sf 2.237%.
DateAJuly 1, 1948.
tinuedi "This should be done not
Due serially on July 1, from 1950
M'oreau, Northumberland and Wil¬ through the imposition of unfair
to 1967 inclusive.
The next high¬
burdens on air transportation, but
ton Central Sch. Dist. No. 1 (P.O.
est bidder was the State Land De¬
rather through the full develop*
"■•V South' Glens Falls)i N. Y*/
ment of non-flight revenues from partment* for 2V2s, at par.,
1953
June 8 the voters- Glens Falls National Bank & Trust
$1,275,000 construction bonds;
Hart Iand
will receive sealed
p.m. (MST) on June
purchase of $575,000
payable
City, is required.
*
/-/ Bond- Offering — Brad L. Hays
authorized by the Commis¬
.,
did
/J-J) payable at the State
a
Ti^ust Co., New York City.
The wood & Co., of New York, as be expected to provide more than
purchaser will be furnished the 2.40s, at a price of 100.142, a basis a small fraction of the
necessary
opinion, of Sullivan, Donavan & of 2.35%. Dated July 1, 1948. Due funds.Heenehan, of New York City,
serially on July 1, from 1949 to
"A
election held
Treasurer's
sealed
divided
Trus';
uineness,
terest
Treasurer's office
Bonds
sioners
terest coupon
Co.; Albany.
The bonds will be
prepared under the supervision of
July 1, 1951, or any subsequent
maturity date.
Principal and in¬
on
3% coupon
price of 99,
a
posed of R. S. Dickson & Co., of
Charlotte; Harris Trust & Savings
Due
Dated May 1, 1948;
—were
.
carry
reflecting an interest cost to the
Port Authority over the term of
a.m.
nation $1,000 one for $500. Due
offered
Secretary of Board of Education, will receive sealed bids until
,10 a.m. "(MST) on July 13 for the
%
purchase of $525,000 not to exceed
1978,
and! will be sold at
(DST) on June 30 for the purchase
of $74,000 not to exceed 4% in¬
Principal and
interest (J-D) payable at the Na¬
Bond
son,
in
due
S.
crued interest to date of delivery
'
Bond Offering—-Mary Lou Car-
Howard S. Cull¬
man, Chairman of the Authority,
announced June 21, The bonds,
will be considered.
to the
.
the
Life Insur¬
2738—were
1948^ Denom. $li-
"
(P.- O.
Lovington), N. Mex.
America,
offered
name
Commercial Bank &
of
Northwestern Mutual
Authority in
Principal and interest:
payable at the office of the Pre¬ a total amount of $60,000,000. The
Commissioners Z authorized
the
siding Supervisor.
1/10 of
tional
Ter¬
June 22—v.
on
$9,500 in
must
of interest in a
.
Lea County
-
$50,000 from 1949
i>
000. Bidder to
Air
$750,000 school
series A. bonds offered
167, p. 2738—were
purchased by a syndicate com¬
building,
and
1962, and $4,000 in 1963,
Eunice1 School District No* 8,
.
June 1;
1957, and $35,000 in 1958.
74,000 public improvement series
B bonds. Due on June 1, as
follows: $5,000 from 1949 to
Dated June
first
County (P. O.
Shelby), N. C.
Bond Sale—The
■
improvement se¬
on
its
Co.
surance
the bonds.
and authenticated as to their gen¬
Verona, N. J.
(
public
follows:
as
Denom.
$1,000. Principal and interest (JJ) payable at the County .Treasury
issues of bonds
to
1949
to
;;: Tiated July 15f 1948,
Said
from
$35,000
ries A bonds. Due
1952 to 1963 incl.
er's office.
equipment
June 1, as fol¬
on
1952^and $28,000 iq 1953,„
485,000
in 1962 and 1963/
^
municipal
bonds. Due
43,000 voting machine bonds. Due
on July 15, as follows: $3,000
i
$5,000 on June 1, from 1949 to
1978 inclusive.
168,000
to 1963 inclusive.
>
.
Due
follows:
as
.
of
NORTH CAROLINA
Cleveland
York
arrange¬
immediate sale of
the
chased
by the Town of Tona^
wanda, the only bidder.
Dated;
July 1> 1948. -Due serially on July
1, from 1949 to 1963 inclusive.
Pri¬
New
Tonawanda,. N. Y.
.
thorized Friday, June 18, at a spe¬
on Aug. 1, as
1949; $9,000 in, cial meeting of the Port Authority
1950 and 1951, and-$10,000 in 1952
Committee;
on
Finance.
The
and 1953.
Rate of interest to be bonds represent the first part of
in multiples of
the First- Series of Air Terminal
or 1/10 of. 1%,
ceive
150,000 water supply bonds. Due
for
$30,000,000
t
■
Bonds
of
minal Bonds to the Prudential in¬
,
<
Co.,
Pleasant¬
Authority has completed
July 1 for the purchase
tered bonds divided as follows:
Lancaster, N. Y,
of $532,000 not to exceed 6% in-;
Bond Offering — Theodore:
ftere^t coupon or registered bonds $500,000 airport bonds. Due $50,000 on June 1, from 1949 to Loecher, Village Clerk, will re-'
divided as follows:
;
/
on
pay¬
call price of 103.
a
'
"/,''
,
Port
Co. of New York,
until
bonds.
-
Authority, N. Y.
$30,000,000
vately—The
on
follows:
Albany, N. Y.
'
bids
the
July .13 for the pur¬
the bonds of 3.033%.
chase of $47,500 not to exceed 4%
interest highway machinery—1948!
Sale of the $30,000,000 bonds—
;he first major airport revenue
coupon or registered bonds. Dated
Dond issue ever offered—was au¬
Aug. 1, 1948. Denomination $1,000
one
NEW YORK
Bond
pur¬
Gaddis, Town Clerk, will receive
(DST)
July 1, from 1949 to 1968 incl.
The next
receive
Bond Offering—Arthur J. Hamley, County treasurer, will re¬
1
ceive
bonds.
Dated July 1, 1948. Due serially
on
the
(P. O. Hempstead),
—
of
Branch,
Port of New York
Co., of Haverstraw.
Offering
all
V" ;v/'
■
re¬
p.m.
able at the National Bank & Trust
Bond
sewer
3
1,
Hempstead
for
ville.
New York
$100,000 water works bonds.
90,000 street improvement bonds.
50,000
29; for
or
same
Pleasantville
R.
$9,000 from 1951 to 1953, all incl.
Principal and interest (J-J) pay¬
follows:
as
June
Vi
the
multiples
1/10 of 1%, and must be
Principal and interest (J-D)
able
at
the
County Trust
will
until
Bond Sale—The $325,000 town;
claim, 1948 bonds offered on June
23—v.
167, p. 2738—were pur-*
of
$40,000 not to exceed 5%
improvement cou¬
registered bonds.
Dated
3s, and:3y4S,
as
of
Brunswick), N. J.
■■
,
O*
sold
Clerk,
bids
v-
1958 at
Rate of, interest to be in
fiscal
Genevieve
—
hi
$4,000 from 1950 to 1958 inclusive.
1948.
Denomination $1,000.
Due on July 1, as follows:
$6,000 in 1949; $7,000 in 1950, and
City, N. Mex.
Bond Sale—The $240,000 bonds
offered on June 15
v. ! 167, p.
1969—were
chief
55
11,
1,
1948.
Denomination
$1,000, one for $500. Due on June
1, as follows: $3,500 in 1949, and
street
or
July
National
First
Silver
for/payable to the Borjbugto, is required.
County.(P.
on
interest
Roswell.
bonds bid
JNfiddlosex
sealed
chase of
1948. Denom. $1,000. Principal and interest (J-J)
payable at the City Treasurer's
•Carson, of Camden, that the bonds
•
Offering
McCabe,, Village
Dated July 1,
or
the
■
General Reserve Fund, Mr. Cull¬
man stated.
They are callable in
June
Town.
•
lower inter¬
a
bonds
of
the
fire
apparatus, 1948
registered bonds. Dated
coupon .or
Haverstraw, N. Y.<
—
considered for bonds of the
office
Bond
,
office
coupon
of
officer
interest
5%
Dated
the
at
75,000 airport bonds. Due on July
1, as follows: $3,000 from 1949
to 1957; $4,000 from 1958 to
1964, and $5,000 from 1965 to
1968, all inclusive.
of $19,000 P/2%,
1967 inclusive. Each bid must spe¬
follows:
as
interest im¬
or
registered
July 1, 1948.
De¬
nominations
$1,000
and
$1,500.
Due on April 1, as follows:
$1,000
from 1949 to 1952, and
$1,500 from
1953 to 1956, all inclusive. Prin¬
cipal and interest (A-O) payable
bonds;
July
1, 1968 and on any interest
payment date thereafter.
;
•
/ /
p.m.
July 2 for the purchase
1%%, 2%, 2y4%,
2%%, 2%%,: 3%/ 31/4 % or 3%%
water supply, second series cou¬
pon or registered 1 bonds.
Dated
June 1, 1948. Denom. $1,000. Due
$1,000 on June 1, from 1949 to
on
subject to redemption at
the option of the City on July
/
////
/; Bond Offering — Joseph W.
Spangenberg, Borough Clerk, will
provement
bonds. Due
sewer
$15,000 from
1949
to
1958; $17,000 from
1959 to 1968, and $18,000 from
1969
to
1978, all inclusive.
Bonds maturing on July 1,
1969,
and
thereafter
being
1,
McDou-
bonds. Legality to be ap¬
by Hawkins, Delafield &
Longfellow of New York.
follows:
as
$500,000
•
000 not to exceed 5%
interest bonds
6%
exceed
ii
\
Airport Bonds are
backed by a pledge of the com¬
bined
airport revenues of New
York
new
International
Airport,
La¬
Guardia Airport and Newark Air¬
port, and by the Port Authority's
Fessenden, N. D.
Sale—The $147,000 water
bonds offered on June 18
Bbnd
revenue
purchased by a syndicate
composed of the Allison-Williams
Co., Piper, Jaffray & Hopwood,
both of Minneapolis, Kalman &
were
Co., of St. Paul, and J. M. Dain &
Co.-, of Minneapolis, at par, at net
interest cost of 3.482%, as follows:
$30,000
3V4S, maturing on July
as
1, from 1950 to 1955, and $117,000
as 3Y2S, maturing on July 1, from
1956
July
to
1,
bidder
1967
1948.
was
inclusive.
Dated
The next highest
the Lutheran Brother¬
hood, Minneapolis, and First Na¬
tional
for
Bank,
Fessenden/ :jointl]jr,
$147,000 as 3^ s, at par.
i'
f.
•**wm
v-
Watonga, Okla.
OHIO
School Dint., Ohio
<CCincinnati City
Offering—William Meten-
Bond
Clerk-Treasurer of
Education, will receive
fcoetter,
Jr.,
of
Board
(EST) on
sealed bids until 2 p.m..
July 12 for the purchase of $6,^00,000 2% building bonds. Dated
Sept, 1, 1948. Denom, $1,000, ; Due
$250,000 on Sept. l,;from 1949 to
1972 inclusive. The bonds shall be
"
form and may be regis¬
tered as provided by law*,, The
Bonds are a direct obligation of
the entire School District.
BidJers may bid for a different rate
of interest in a multiple of 44 of
1%. Principal and interest pay¬
able at the Irving Trust Co., New
York City.No bids for less than
in coupon
.
'
par
Bid
interest.
accrued
and
.
furnished on appli¬
cation
to
the
Clerk-Treasurer.
Transcript of proceedings will be
forms will be
prompt¬
the purchaser
furnished
ly. Approving opinion of the City
Solicitor will be furnished with¬
out
must
charge. Any other opinion
be secured at bidder's ex¬
planned on
is
Delivery
pense.
Sept. 1, 1948, at Cincinnati.' Con¬
dition of sale—cash on day of de-
-
*
•
bonds offered on June
purchased by the
2631—were
p.
Trustees, will receive sealed
Institution District,
Pennsylvania
Bond
Postponed
Sale
The
—
County Commissioners announced
on
June 21 that the sale of the
'
mates received from building con¬
in
for June 29—v.
amount
the
exceeded
tractors
ming pool bonds offered on
I-—v.
167,
p.
2306—were
June
pur¬
City National Bank,
of-Tiffin, as 2V2s, at a price of
100,014, a basis of 2.49%, Dated
June
1, 1948.
Due serially on
June 1, from 1949 to 1955 incluisive.: !\- ,/./ V:.";
chased by the
Wooster, Ohio
;Laureldale,
Pa.
$30,000
improvement
bonds
was
pur¬
chased
recently by Butcher &
Sherrerd, of Philadelphia, as 2s,
at a price of 100.525, a basis of
1.926%. These are the bonds of¬
fered
all
for which
rejected.
11
May
on
bids received were
.
Ligonier Township (P. O. i/
Ligonier), Pa.
*
as
2%s.
Due serially
Associates,
and
Inc.,
1948.
Bated June 1,
Voted
—
June ,15
on
At
an
the
Sale—The
Bond
voters
Offering —W.
$40,000
fund¬
June 22
on
were
purchased
by R. C. Schmertz & Co., and El¬
mer
E. Powell &
Co., both < of
Pittsburgh, jointly,
as
l%s,
at a
price of 100.412, a basis of 1.695%.
Dated July 1, 1948. Due $2,000 on
July 1, from 1949 to 1953, and $3,000
1954
from
inclusive.
1963
to
The next
highest bidder was Sing¬
Deane & Scribner, for 2s, at
er,
101.212.
<
McCor-
(EST)
a.m.
at
T. Tatum,
1, from-1949 April 27*
on June and Dec.
to 1971 inclusive.
shall
part
.on
inverse numerical' order
in
1958 or on any interest
Dec. 1,
date thereafter, at par
interest.- Principal
payment
accrued
and
and interest
(J-D) payable at the
Citizens National Bank, Wooster.
;
1
OKLAHOMA
Okla.
Erick,
Sale
Bond
22—v.
June
city
The $10,500
—
offered
bonds
addition
hall
2631
167, p.
—
on
Pottsville,
23—v.
tional
both
46,000 as 2V2S, maturing from 1941
1953, and $4,500 as2y4s, ma¬
turing in 1954 and 1955.
< '
i
*
to
r
Midwest
>
Shillington School District, Pa.
Sale—The
Bond
$30,000
.
on
15
Aspden,
purchased
were
Robinson
as
2 94s,
&
by
June
Co., of Philadelphia,
at 100.30.
RHODE ISLAND
$18,500 sewage
;atthe
Trustees
office
of
North
bonds
bonds.
NOTICE
DIVIDEND
of
$500,000
Dated
school "coupon
1, 1948. De¬
June
Principal and interest payable at
the Second National Bank of Bos¬
ton, or at the Industrial Trust Co.,
Providence.
■
•
•
;■ r
•
.
-'t
•
y,
of
Directors
Pawtucket, R. I.
of
Davison Chemical Cor¬
The
*
„
dividend
extra
'
•
•
•
five
-V'V
.
cents
its
on
declared
has
poration
•
•
an
of' Twenty-/
i
..1,
($.25)
1
r
per
-
share
ers
SOUTH
capital stock, payable
July 30, 1948, to stockhdld;
$400,000
school bonds was sold recently to
the First Boston Corp., at private
sale, as 2}£s. Due serially on June
1, from 1949 to 1968 inclusive.
,
'.'V.?•. \\v'<■
:?• vv'r.- *••
•
Chesnee School District No.
(.
! Business
..i
July 9, 1948.
'
V
M. C. Roop, Secretary
Baltimore 3, Md.
•
V-:
"ftHE
S
»:v-
1
Jujie 24, 1948
WISOI CH
94,
Bond Offering — The Board of
Trustees will receive sealed bids
at the
office of the County Super¬
of
Education
until
CORPORATION
(EST) on July 1 for the pur¬
chase of $21,000 4% school bonds.
Dated July 15, 1948.
Denomina¬
tion $1,000.
Due on July 15, as
follows:
$1,000 in
1950:
$2,000
from 1951 to 1954, and $3,000 from
Russ & Co., of San Antonio,
a
net interest cost of 2.947%.
by
at
Dated July
Due serially
1, 1948.
July 1, from 1949 to 1968, incl.
on
office
'
V
\
'
Offering—The
Education
>
;
,
of
until
1949
maturing
2%s,
'
•;
on
June
1,
from 1961 to 1973, incl.
2
11
1960, and $117,000 as
to
street improvement, se¬
74
bonds,
as
follows:
425,000
ries
$204,000 as 2V2s, maturing on
y
June 1, from 1949 to 1960, and
$221,000 as 2%s, maturing on
iy, June 1, from 1961 to 1973,
incl.
250,000 sanitary sewer system
and: sewage
disposal plant
series 78 bonds, as follows:
f
V
Aberdeen, S. Dak.
'
*
Bond Offering—The City Audi¬
tor will receive sealed bids until
,
$120,000 as 21/2s, maturing on
June 1, from 1949 to 1960, and
$130,000
June 1,
July 14 for the pur¬
chase of $767,000 bonds, divided
11:30
a.m.
on
follows:
as
<
;
■0':- incl.
.V; port bonds.,
complete
the
may be ob¬
office of T. G.
Associates,
Inc.,
000
'
Sioux Falls
yy
(CST) on July 8 for the
purchase of $600,000 not to exceed
2%
interest
building
coupon
bonds.
Dated July 1, 1948.
De¬
nomination $1,000. -Due $60,000 on
July- 1, from 1949 to .1958, incl.
V
Menno), S. Dak.
: +
;
Bond Sale—The $20,000 Town¬
ship
—v.
by
,
bonds offered on June 16
167, p. 2519—were purchased
the Menno State Bank, the
only bidder,
as
2y2s, at par. Dated
on
June IT
Van, Texas
Sale—An
Bond
000
chased
of $375,-
issue
works bonds was pur¬
water
First of
the
by
recently
Corp., pi San Antonio, as;
3V4s and 3y2s, at par. Dated April
Texas
1, 1948. Approved as to legality by
& Huguenin, of Dallas.
Dumas
Walker County (P. O.
*'
Texas
Juntsville)^
v'"'-
.
Sale
Bond
The
—
$250,00$
County hospital bonds offered om
purchased by R. A..
Underwood
&
Co.,
of
Dallas^
June 14 were
Dated June 15,
June
on
1948.
Due serially^
15, from 1949 to 1988
clusive.
These
thorized
at
are
the
election held
on:
^
bonds
June 24—v. 167, p. 2632
purchased by a syndicate
of the First Boston
Corp., Lee Higginson Corp., Barcus, Kindred & Co., of Chicago,
Seasongood & Mayer, of Cincin¬
r-
Kanawha County (P. O.
'
'
Charleston), W. Va.
?
'
Sale—The
Bond
$1,600,000 air¬
port, park and court house bondsoffered on June 22—v. 167, p.
purchased
by
theBank, of Charles¬
Kanawha Valley
ton, as Is, at a price of 100.288, a
basis of 0.889%.
Dated June lr
1948.
serially on June 1^
incl. The next
Due-
from 1949 to 1951,
nati, Fridley & Hess, and Lovett
highest bidder was the Guaranty
York, and Marine
Trust
Co., Buffalo, jointly, for
Abercrombie & Co., both of Hous¬
$500,000
ton,
at
a
price of 100.051,
a
interest cost of 2.80846 %y as
lows:
$550,000
net
Trust Co., New
iy4s, and $1,100,000 as
WEST VIRGINIA
'y v
' 'y.- '
work s : system
:yyy
water
as
is, at 100.01.
fol¬
/
Elkins, W. Va.
1, as
3s, matur- y:No Bids Received — No bids
were received for the purchase of
ing from 1949 to 1962, and
$317,000
as
23/4S,v maturing $85,000 bridge bonds offered 011
It is reported that the
from 1963 to 1972, all incl.
; May 10.
340.000 school series F bonds ma¬ State has agreed to handle the
bonds maturing on Aug.
follows: $233,000 as
-
turing
on
Aug. 1, as follows:
bonds.
,
■;*
-
"i
vm
in¬
the bonds au¬
VIRGINIA
2520—were
Galveston, Texas
on
bonds of- '
the
are
success
167, p. 2632.
1,
composed
a.m.
Township (P.O.
2%s,
June
1960, and $39,maturing from
—were
Offering—Elmer O. Ber-
Sweet
?.
offered
Indep. Sch. Dist.,'
"
as
to
Bond Sale—The $1,450,000
S. Dak.
c
1949
1961 to 1973, incl,
j
without
fered
series 79
$36,000 as
723
Minneapolis 2, Minn.
Bond
?
These
bonds.
,
from
the purchase
improvement
park
$225,000
March 20.
Approved as to legality2%s, maturing on
from 1961 to 1973, by Chapman & Cutler, of Chicago^
;y 2^8,: maturing on
V * In¬
details
from
&
/;
County Judge, will receive sealed
as
•'
75,000 water works,
bonds, as follows:
■
$651,000 water and sewer bonds.:
116,000 general
obligation air-
.
,
as follows:
$108,000 as 2V2s,
maturing
on
June
1, from
-
<,
7
$225,000 airport, series 73 bonds,
Board
SOUTH DAKOTA
V,
price of 100.029, a
2.6844%, as follows:
cost of
(EST) on July 1 for the pur¬
chase of $13,000 4% school bonds.
Dated July 1, 1948.
Denomina¬
tion $1,000.
Due on July 1, as
follows: $1,000 from 1949 to 1953,
and $2,000 from 1954 to 1957 in¬
<
at
net interest
-
G. H. Fisher,
—
bids until July 1 for
—v.
a.m.
,
Rankin), Texas
Offering
Bond
of
a
18,
Trustees, will receive sealed bids
at the office of the County Super¬
of
June 1, 1956.
on
Bank, of Fort Worth," .jointly,
Spartanburg County (P. O'.
,*
Saprtanburg), S. C.
Bond
purchased
167, p. 2632—were
„
purchased by Halsey,
Stuart & Co.; Blair
Co., Inq,,
and
the
Fort
Worth
National
,'r
Roebuck School District No.
—v.
offered
bonds
house
■ ■
$30,000 court
on June 17
Sale—The
Bond
;
2412—were
purchase of $11,000 4% bonds.
Dated July 1, 1948. - Due $1,000
on July
1 from 1949 to 1959 in¬
clusive.
of San
Worth, Texas
Bond Sale—The $975,000 bonds
offered on: June
22—v. 167, p.
the
of
Upton County (P. O.
Rankin), Texas
purchased recently by
Fort
County Superintendent of Educa¬
tion until 11 a.m. on July 1 for the
11
a.m.
167, p. 2520—were purchased
—v.
Sale—An issue of $45,000
was
Callable
•
v
intendent
"
the
at
Trustees
10
Spartanburg County (P.O.
Spartanburg), S. C.
of record at the close of
offered
bonds
<
•
dahl, Clerk of Board of Educa¬
tion, will receive sealed bids until
CAROLINA
$75,000 school
on June 18
Sale—The
Bond
house
by the First State Bank, of Ran¬
1951, and kin, as 2s, at a price of 100.753.
$3,000 from 1952 to 1956 incl.
The $225,000 park improvement
28,000 2%% water works bonds. bonds offered at the same time
y Due on June 1, as follows: were not sold.
$4,000 in 1957 and 1958, and
$5,000 from 1959 to 1962 incl.
Upton County (P. O. -
$1,000 from 1952 to
First National Soo Line Building,
Bond Sale—An issue of
Indep. School Districtp
y:~ Texas
::
$1,000 ifl 1950 and
•
Evensen
Board
.The
1963
.
•
Spartanburg County (P. O.
Spartanburg), S. C.
Bond Offering —/Sealed bids
will be received by the Board of
tained
-;;;■:
incl.
.
$17,000 21/4% water Vorks bonds.
Due on June
l,*as follows:
Kingstown, R. I.
nomination $1,000. Due $25,000 on
June 1, from 1949 to 1968, incl.
23/4s, maturing from
v-i
Rauscher, Pierce & Co.,
Antonio, as follows: "
Reidville School District No. 43,
Bond
chase
110,000
public building bonds
maturing on Aug. 1, as fol¬
lows: $52,000 as 3s, maturing
from 1949 to 1962, and $58,000
Goldthwaite
July 15, 1948. Due serially
Jan. 15, from 1949 to 1968 in¬
Bond
the
of
tion, until 11 a.m. on July 1 for
of $6,500 4% bonds.
Dated July 1, 1948.
Due July 1,
as follows: $500 from 1949 to 1951
miW', clusive.
Offering—O. N. Middlepurchased
hy C. Edgar Honnold, of Oklaho¬ ton, Town Treasurer, will receive
sealed
bids
c/o
the
Industrial
ma City.
Due serially from 1951
to 1959, incl.
Legality approved Trust Co., Providence, until 2 p.m.
;by J. A. Fagin, of Oklahoma City. (DST) on June 29 for the pur¬
1963 to 1973 incl.
clusive.
County Superintendent of Educa¬
,
'«—v. 167, p. 2631—were
maturing from
23/4s,
as
.
will be received by the Board
intendent
im¬
provement bonds offered
disposal bonds offered on June 19
.
Na¬
Co.,
of
City, Okla.
Bond Sale—The
pur¬
Philadelphia, jointly, as
2%s, at a price of 100.588, a basis
of 2.04%. Dated July 1, 1948. Due
serially on July 1, from 1949 to
1968 inclusive. The next highest
bidder was Halsey, Stuart & Co;
and Blair & Co., Inc., jointly, for
2V4s, at 100.389%.
»
tional
—
167, p. 2632 — were
by the Philadelphia
Bank and Janney &
chased
the
by
Pa.
Sale
The $400,000 im¬
provement bonds offered on June
Bond
were
Farmers ':i Na¬
Bank, of Erick, as follows:
purchased
/
<
Bonds matur¬
1962 to 1971 inclusive,
be callable in whole or in
000
$83,000 as 3s, maturing
1962, and $117,-
1949 to
from
;.
interest cost of 3.1049%.
net
a
on
,
ing from
f'1
Dated
'
11,
■
.
the bonds
authorized at the election held on
lows:
vr 7
purchase of $360,000 improve¬
are
inclusive.
'
1956 inclusive.
These
y'
y')
on
..
'
inclusive and
ment bonds.
1972
of
purchase
ceive sealed bids until July
the
to
v>.y'iy' '::^
Grapeland, Texas
.y •
June 30 for
Additional Sale — The $109,000
Bond Sale—An issue of $45,000
$40,000 school
general obligation bonds.
Dated refunding bonds offered at the various general obligation bonds
same time were purchased by the
was
July 1, 1948. Denom. $1,000. Due
purchased recently by the
Central Investment Co. of Texas,
First of Texas Corp., of San An¬
$5,000 on Jan. 1, from 1950 to 1957
of Dallas, at a net interest cost of
inclusive.
j
s , %
tonio, as follows: $2,000 from 1949
2.97%.
Dated July 15, 1948.
Due to
1951, and $1,000 from 1952 to
Motlow School District No. 5
serially on Jan. 15, from 1949 to 1968 inclusive.
Approved as to
Spartanburg County (P. O.
1963 inclusive.
'
legality by O'Melveny & Myers, of
Y-..
:V\:'1
vA/v-'/sV -• r v:■.« •;
J/*:{
Spartanburg), S. C.
Los Angeles.
; ■
Crystal City, Texas
Bond Offering — Sealed bids
11
mick, District Secretary, will re¬
1 for
'
, •
-
as
Independent Sch. Dist.,
Canyon
ap¬
the purchase
Offering—M, H.
Bond
.vy
as
1963 to
election
Sr., Chairman of Board of Trus¬
the
improvement bonds of¬
and
1963
to 1971
.Bond Sale—The $75,000 school
12, house bonds offered on June 21—
v. 167, p. 2520—were purchased by
Marlboro County (P. O. McColl),
the First of Texas Corp., of Dallas,
So. Carolina
Bond
-
200,000 street improvement bonds
maturing on Aug. 1, as fol-
>
DistrictNo.
School
McColl
,
2%s, at 100.03.
proved the issuance of $1,500,000
building and improvement bonds.
til
4
Lock Haven School District, Pa. "
mortgage bonds was purchased re¬
cently by Braun, Bosworth & Co.,
-
(P. O. Greenville), S. C.
Bonds
Co., Memphis, jointly, for
Trust
,
Greenville County Sch. Dist. No. 17
tees, will receive sealed bids un¬
.
."
;
1958' and 1959.
1962, and $193,000
250,000 fire department bonds
maturing on Aug. 1, as fol ¬
lows; $102,000 as 3s, maturing
•
from 1949 to 1962, and $148,000 as 22 %s, maturing from
Due
$1,000.
1, as follows: $4,000
held
Sale—An issue of
Bond
•
.
Bond Sale—An issue of $850,>000
water works revenue, first
,'
nomination
contemplated by the District. All
bids will be returned unopened.
fered
'•
$70,000 swim¬
Sale—The
Bond
De¬
1, 1948.
Dated July
167, p. 2739—has been indefinitely
postponed because the price esti¬
ing
rTiffin, Ohio
1
-
perintendent of Education until
11 a.m. <EST) on July 1 for the
purchase of $70,000 4% school
Due May 1, 1965. The. next high¬
on July
est bidder was the Mercantilefrom 1949 to Commerce Bank & Trust Co., St.
1950; $6,000 from 1951 to 1955;
Louis; C. H. Little & Co., and
$7,000 in 1956 and 1957, and $9,000 Union Planters National Bank &
scheduled
bonds
obligation
general
$1,300,000
Enclose a certi¬
the bonds bid
for, payable to the Board of Edu¬
v
Su¬
bonds.
$250,000 high¬
bonds offered on June 18
—v. 167, p. 2520—were purchased
by the Harris Trust & Savings
Bank, of Chicago, and J; C. Brad¬
ford & Co., of Nashville, jointly,
as
2%s, at a price of 100.04. a
basis of 2.747%; Dated May 1,1948.
■
fied check for 1% of
,
County
of the
office
the
Sale—The
Bond
way
bids
at
3s, maturing from
as
to
1972 incl.
Madison County (P. O.
Jackson), Tenn.
,
of
Board
•1949
23/4s,> maturing from
Spartanburg County (P. O.
Spartanburg), S. C.
,/<? '
Offering—The
$147,000
on
'TENNESSEE
75,
School District No.
Duncan
Bond
PENNSYLVANIA
Chestet County
Monday, June 28, 1943
1, 1948. . Due serially
from 1950 to 1957, incl.
York City.
Co., " New
Due serially
City.
Oklahoma
livery of bonds.
*
Jan. 1,
1958 inclusive.
Principal
(J-J) payable at the
Central Hanover Bank & Trust
from 1951 to 1967 inclusive,
"
cation.
July
and interest
First National Bank & Trust Co.,
of
.<*
1
1955 to
)•
$35,000 hospital
15—v. 167,
Bond Sale—The
i
•?
'
■;
^
* i
COMMERCIAL &' FINANCIAL CHRONICLE
THE
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56
CU
@FedFRASER