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1948
"
■■-'
-i
MONDAY
vsV^v-v I1; '•
'• ;'*
Reg. U. S. Pat. Office
Volume 167
Number 4677
New
General
RAILROAD
Acme Steel
"
..
V •";V
'
S'-,
>
Net
Net
income
3,49i,077
income-^.1,326,609
on
12,402,439
$7,689,512
993,324
984,324
$2.18
$7.74
$4.54
income
outstanding
per
share—4-*---^"'
connection
with
of $-1 •.per -share, on
record
Feb.
"Sales
20,
for
the
the
1948,
the
first
month
Since
dividend
1901.—V.
166,
p;
of
1948
Feb.
on
continue
at
10
2093.
-
record
275th
dividend
paid
by
the
company
Earned
.
to
pay
4 %
Express Co.—Pays Bonds at Maturity—
Bankers
March
on
gold
bonds
Aetna
■
Trust
Life
Morgan
B.
Co.,
1,
due
all
New
1,-1948.—V.
Insurance
Brainard,
St.,
Jr.,
York,
outstanding
167,
N.
Y. >is
collateral
541.
p.
been
advanced
Mr.
Brainard,
in
Mr.
formerly
Spoerl,
1925.—V.
also
167,
Assistant
formerly
D.
riques,
has
Sales
General
been
to
caution
,
Manager.
167,
is
Spoor
succeeded
Promotion
announced
formerly
in
that
Manager
by
H.
dealer
was
Hensales
capacity
by Russell
v-1
■
still
President,
$2,52
Feb.
on.
informed
17
of
in
review
prewar
possible
the
over
V
.
at
inventory
/
.
order
on
Dec.
31,
position
of
the
ratio
overall
inventory to
policy
sales,"
is. to strive
he
said;
with
$14,171,556 in
share
of
(Common
receivable
..
at
credit
p.i
1947
This
in
to
; .'
....
of
from
due
credit
approval
166,
stock
1947,
98,500
end
1946,
increased
Dec%31,
than
v.
/
the
represents
comparison
sizable
customers
requisites
the
$24,000,000
C.
O.
&
of
use
bank
It
;
...
■
'-"V ;
25,
of
\
V. '•*
however,
1%
$26:05
Dec.
31,
1946.
in
ip46,
to
added
modified
of
C.
three-quarters
of
&
the
O.
share
a
of
reduction
of
the
preferred
C., &
O.
prior preferred,
Mr.
not
relaxed,"
Mr.
Bertram
Co.—Earnings—
Period End. Jan. 31—
Gross
B.
Cable
Estin
leaving the $50
sought to provide
also
through
series
a
$3,682,973
expenses
Provision
for
Amort,
of plant
adjustments
General
Fed.
Gross
-'
of
7
v./-
585,193
3,143,906
•
701.328
$9,536,961
243,862 "
\
&
Radio
.
Corp.—Comptroller Elected
Tower
//V
William
t
elected
r
of
New
j.".
.
of
President
Th£
of
the
Vick
Chemical
of
the
National
Co. j
of
3,006,789
the
board
same
to
become
He.
junior
the
time
had
the
to
finance
Mr.
Estin
of
effective
at
represented
prior
announced
the
the
annual
5
Va %
preferred.; He- also
committee
and
a
his
retirement
meeting
preferred
member
was
of
of
from
stockholders
The
the
executive
60,385
verted
46,980
record
$6,422,806
105.000
105,000
1,260,000
$582,997
$5,162,806
inc.
from
oper,„
has
Dividends
on
Divs.
on
Crl88
448,759
Dr 1,907
Cr3,947
Dr 1,920
74,840 /■%:•■ t 103,000
*38,941
taxes
38,000 m
$64,957,"
pfd.
on
stock
class
■'Because
not
B
of
for
excess
$728,029
.
$44.901;
.
72,588
(includes
j
;
excess
;
profits
excess
:
49,875
3,990
3,990
7,980
9.975
3.990
3,990
credit
profits
carry-overs from prior
years, no
tax is
required.
If
this credit
less
would
would
than
the
amount
shown
have
have
been
above.
profits tax of $78,750.
BALANCE SHEET DEC.
'•
$58,406
29,926
available, the provision for Federal taxes
approximately $16,000 more and the net income
been
$548,020
9,975
been
approximately $16,000
;
7,980;
stocks
Federal
$110,218
:
20,251
class A slock-h
provision
had
1944
589,075
profit:
Divs.
1945
804.392
Inetl___2
Prov. for Fed. inc.
Net
1°45
$991,357
31.
1947 *
ASSETS—Cash,
$5,000;
expenses,
for
$300,329; U. S. Government securities
(at
cost!
receivable;(less reserve of
$13,1241, $488,145; prepaid
$9,081; land, buildings and
accounts
etc.,
depreciation
equipment
of
$126,571),
total,.$1,046,225. ;
$243,669;
goodwill
(after
(nominal
••
•
for
other
taxes, $25,891;
ferred
value
Federal-taxes
stock
$1
(par
per
on
reserve
value
$2
$371,062; clients' deposits, $57
income, $44,792; accrued expenses
for
per
share), $26,600;
rate
adjustments,
share),
class
B
$180,000;
stock
(par
$1-
:
,
LIABILITIES—Accounts payable,
reserve
reserves
value)
etc.,
class
value
$45 927A
$1
stock'
per
592and
pre-:
and
Dec.
dividend
a
holders
to
payable
before
or
15,
this company.
of
of
will
each
•'
for
-
Stock
New
Stock
Exchange (Stocks)
Exchange (Bonds)
New York Curb
Exchange
Baltimore Stock Exchange
Boston Stock Exchange
Chicago Stock Exchange
Cincinnati Stock Exchange
Cleveland Stock Exchange
Detroit Stock Exchange^.
York
$1
to
were
March
1948
Mr.
167,
30
' "J
Chemical
Consulting
chemical
to
it
work
in
the
Cottrell,
new
29
head
the
Los
position
he
a
'.
'
33
.
.
will
in
this
deal
expanding operations.—V.
34
600
34
p.
kwh'.,
01-
June
.7
•
.
'
35
35
36
36
36
on
Director
Feb.
23
of
166,
p.
of
by
Development
Peter
Monsanto
Colefax,.
Chemical.
to
841.x:,:..
his
to
the
Co.—Weekly Output—
the System
1948,
230,280^000
;
In
2554.
kwh..
inputs
an
13.03%, over the corresponding week
American
,
of
subsidiaries
increase
of
26,54-6.-
of last year.—V.
12
v,
f
Standard
' ''
,
Sanitary
Corp.
31—
1947'.
1946
"Includes
the
excess
g
123,734,000
120,001,000
19,425,000
"9,905,000
15,656,000
reserves,
$1,212,000.
tAfter charging provision for
^Includes dividends from
foreign subsidiaries
$1,580,000 in 1947, $2,490,000 in 1946 and
$498,000 in
$250,000.
amount of
1945.—V.
1945
^
200,043,000
JNet income after Federal taxes^___
in
166,
1885.
p.
_40
42
__24
/Transactions New York Curb
Exchange
Stock and Bond Averages
24
33
(par
American
A
the
Service
participating dividend
$3
cumulative
and
Co.—ParticiDating Dividend—
of
$1,816
per
share
has
been
declared
participating
to
holders
of
record
June
1,
Stock
and
N.
Y.
Curb
Single Copy, $10
Exchanges,
•
1936
through
capi¬
Y
1947^
Yearly (6 issues), $50
f. w. stephens
15 William St., New York 5
St. Louis Listed and Unlisted Securities
Redemption Calls and Sinking Fund Notes___44
The Course of Bank
Clearings____
43
N.
Telephone HA 2-4848
Dividends Declared and Payable
Foreign Exchange Rates
Combined
Condition
Reserve "Banks__l»___«_
Condition Statement of Member
;
Federal Reserve
44
System__.
Edward D. Jones
41
Statement of
•
--Established
Federal
41
Banks
of
I
.
"
300 North 4th
&
Co.
1871
St., St. Louis 2, Missouri
w
Members
New York Stock
44
on
preferred stock, payable July 1,
1948!
A participating dividend of"
$1.13 per share
was
paid on this issue on July 1, last year.
The
usual annual distribution of
S3 per share was made on Jan.
5, this
year.T-V.: 166, p. 2206.
1948
Miscellaneous Features
(in spiral .bound book)
showing monthly highs,
lows—earnings—dividends
talizations—volume on virtually
every stock listed on
(&
j
sales
contingencies,
___38
Stock Exchange—Curb Section
Over-the-Counter Markets
Transactions New York Stock Exchange
&
^^
Net
37
Toronto
Radiator
Months Ended Dec.
General Corporation <S? Investment
News—Cover
State and City Bond
Offerings-J
51
922 CHARTS
267,
-.
Subs.) —Earnings—
38
share)
Complete Years Covered by These
14,
.
'
Twelve
of
34
^
Exchange
19,
amounted
company
15,
charge*'of Technical Operations,
primarily with new projects related
For the week ended Feb.
of
cash
Corp.—Appointment—
Vice-Presidetit
American Power & Light
33
this
company's new Development Department and will
Angeles, Calif., office in conjunction with Samuel
Vice-President
/company's
con¬
stockholders
March
on
appointed
announced
was
Dinsmoor, until recently
will
for
the
Scrip
be
Engineer of Reading, Mass., who
manufacturing in the United States
has, been
years,
.
841.
p.
•
33
Pittsburgh Stock Exchange
i
St. Louis Stock
Exchange
San Francisco Stock
Exchange
Montreal Stock Exchange
Montreal Curb Exchange
Stock
Co.,
13
Los migeles Stock
Exchange
Philadelphia Stock Exchange:.
Toronto
than
corporation,
,
on
30.
must
qualify
made
made
•
&
with
share
per
10,
President.
24
~
Dinsmoor,
identified
more
this
Potash
Co.
Dividend—
record
30
be
He
Card
•
1947.—V.
•
S.
been
Dodd
.
■
Maych
March
distribution
-1..
for
Stock and Bond Quotations
New York
Report—
$935,841
'
stock
1948.
•- ••
distributions of $1
Daniel
In This Issue
1,559,994.
833.072
income
25%
on
18,
"V;--
•
Playing
.
$5,402,76^
Albert, Frank-Guenther. Law, Lie.—Annual
Misc.
dividend
shares
American
.
Expenses
A
Sept.: 15
Page
Gross
declared
April 15
full
Feb.
Cash
$6,962,762
1947
have
stock
a
into
dividend.
committee.
43,038
$697,997
'
as
".
%.
.
payable
stock,
received
i
5,004
Cr2,516
$393,472
Calendar Years—
'
62,771
5.088
.
directors
capital
in
stock, which is
formerly Vice-Chairman
the
J
2825.
American Meter Co., Inc.—Declares
$1
A
Allison
•.
->
Laundry Machinery Co.—New Director—
.
••
;
Corp., New York, and a
of Winston Salem, N, C.
of
p.
been
Corp.
Reinsurance
the Security Life & Trust Co,
company on Feb. .18 announced the retirement
board of directors.—V,
167, p. 841.
—V., 164,
has
■
Reinsurance
the
American
^ 2,902,650
$498,472
741. fv
•
At
Co.,
v
The
Matthew. A, Follman has been elected a
director of
President and a director of the United
States
is
25
delayed action for further study, a plan
proposed by George Estin,
a
director, for liquidation of $24,000,000
bank loans and an
exchange offer to holders of the prior
preferred
stock.
'iC!. V'■'' '■ % :-'V ••
■
..
America^ Insurance
is also'chairman of the Board
York and
The
from
Preyer,
Preyer
director
said.—
;.yy:y;
Y.
director
a
Mf.
h,V
\Crl,711
Balance
p.
Feb.
'on
exchange
American Insurance Co.,
Newark, N. J.—New Director
Loans—
directors
$9,971,221
disct.,
preferred stock
-V.'' 167,
4,172,588
-
expense-
The
of
$934,347
269,837
Bank
May.
13.820.894
7%..:
income
on
585,193
(
'
;
deductions
Net
;..*
$771,686
debt
and
prem.
48,766
(3,342,304
,
610,751
-L
Amort.'
3, 482,995
long-term
.
Divs.
-
::
excess
income
debt
Other
48,766
and
on
12, 493,257
3,677,560
acquis.
•'*-
Interest
$33, 849,160
304.630
taxes
""
r.
334.000
taxes
income
profits
f
1,917,770
deprec._.._
1948—12 Mos, —1947
$3,197,912 $39,352,907
1,208.840
18,389,995
of
7..
its
645.
p.
Alleghany Corp.- -Delays Study of Plan to
Liquidate
1948—Month—1947
revenue
Operating
suggesting
he suggested
the
present
has been elected
Comptroller of this corporation
three
main
operating subsidiaries,:*. All America Cables and
Inc., The Commercial Cable Co., and the
Mackay Radio &
Telegraph Co.
Mr.
Tower, who ha-s been associated with the /;CR
System for the past five years,
previously held the position of Assist¬
ant Comptroller ol ACR and the
three operating companies,—V.
167,
and
Accounts
Jackson
,c/:;
by
for
1
"
$8,834,880
proposal
alternative,
an
of
stock
A
latter
As
Radio,
a
ingtallfaent sales. More
t'during thfe year, although
2553.
oifer
an
' "•
r
he
shares
American
.
$13,463,838 compared;
bocnk value of $27.07 per
a
securi¬
and
urged
Continued" purchase
of
Alleghany's preferred stocks in the open
was favored by Mr.
Estin, but he objected to using borrowed
money for the purpose,—V. 167, p. 741.
V" ?
to
with
at
%
cash
also
fijom. th^ Alleghany Corp.
market
to
of
aware
rejected. ; The
Corp. structure i3
Alleghany
loans.
stock
common
bffers.
increasejin
were
were
v.
amounted
$5,300,309
a
suggested
the
of
dividends on
the
issue outstanding for the present.
par
decline, we are proceeding with a cautious buying
and at the same, time
following an aggressive sales policy,
working capital of the company increased from
$11,593,269 to
$14,436,149, principally through the sale of
$4,200,000 15-year 3%
•_
Feb.
offer
tor
"The
at
shares
offering
program
.
program
off
pay
accumulation
1946,
to. return
/"Being
.
not
and
Alleghany
_
market
worth
said:
adopted
entire
i',
.
.
"Our
year.
of
Estin
to
two
an
decreased
of
the
Chesapeake & Ohio Ry.
On
:
$1.62
end
to
studied,"
dividend" arrears.
r
559,752
1947,
not
was
portfolio for each share of Alleghany prior
preferred, which has a call
and
liquidating value of. $50 per share plus approximately $33 in
stockholders
the
at
the corporation
relation
*
The
profits was due to the necessity of taking heavy
increased payroll and general expenses,
and v;
margins because of
rising merchandise costs after
the. fall catalog.
'
-
hand
being
by
proposal
its
plan submitted by Mi'.
Estin
embraced
three
points.
These
previously been outlined in letters Feb. 4 and 7 to Robert R.
Young, who is Chairman of the
Alleghany board and also Chairman
1945
$7.10
.
and
The
ties
2,622,782
issued
Estin's
,
.
Alabama Power
Copy
a
had
fluctuating commodity prices, the Company is exercising
making advance commitments," Mr. Jackson pointed out in
our
of
F.
share..—...•
statement
"Mr.
$70,111,169 $47,756,102
1,061,046
of
debentures.
-'Cbvv:
645.
p.
Sales
it
Mr.
and is
company
Schmidt;—V.'
appointed
A
depreciation,
profit
his
Treasurer, joined the Aetna in
Treasurer, joined the Aetna
subsidiary
a
75 Cents
MISCELLANEOUS
-
proposal
1
'
1946
$79,248,308
Jackson,
approximately 15%
It wag reported...
;A"'
Co.;
Sales
of the
manager
S.
Spoor
Reduction
total,
.-
decrease. in
'•V "Because
Induction Co., Inc.—Sales Promotion Manager—
Dale
Air
•
taxes
common
mailing .of
"Net
Air
$136,445;
i.. m
.
Assistant
541.
p.
Fed.
Merchandise. inventory
/
Vice-President and
Assistant Treasurer of the Aetna Life
Insurance Co., the Aetna
Casualty
&
Surety Co. and the Automobile Insurance
Co.; and Charles A.
Spoerl -was promoted to Financial
Secretary and Assistant Treasurer
of these three companies.
1927;
the
50-year
'* '
Co.—Promotions—
has
the
inventory
prepared
trust
surplus,
,
'
„
sales
net
per
narrower
Wall
16
1948
March
,
,
Robert. W.
that
Adams
/
Consolidated
high
.
The
"■
*Net .profit after;
the
1885,
p.
...
Aldens, Inc. (& Subs.)—Earnings—
Calendar Years—'&:■'?
' '
1947
hh
stated:
1947
K
is
earned
of
regular quarterly dividend
payable March 12 to holders of
y
above
3,157,864.
the
capital stock,
S. Traer, President,
C.
levels."/' L:1-.'
The
declaration of
7,626,425
4,712,927;;
$131,317;
company extended an invitation to its preferred stock¬
holders to make tenders of their
preferred stock to the company at a
price; not to exceed $3.75 per share for a maximum of
25,000 shares.
Such offer expired on
Aug. 25, 1947 and under the terms of the offer
the company acquired 18,959 shares at an
aggregate cost of $70,669,
These shares were cancelled and on Nov.
10, 1947 authorized preferred
stock
was
reduced from
108,959 shares to 90,000 shares.— V. 166,
$4,468,561
993,324
______________
surplus,
INSURANCE
-
NOTE—The
1946'"
.,
$2,164,468
taxes
income
In
1947
INDUSTRIAL
-
$26,600;
capital
$1,046,225.
$15,424,237 $55,055,762 $39,846,405
Operating
Shares
'
.
Quar. End. —Year Ended Dec. 31—
Dec. 31,'47
,
Net ".sales
Federal
PUBLIC UTILITY
-
Price
Corporation and Investment News
Co.—Earnings—
-
Period—
York, N. Y., Monday, March 1, 1948
Exchange
St. Louis Stock
Chicago Stock Exch.
Exchange
Chicago Bd. of Trade
New York Curb Exchange Associate
Phone
CEntral
Bell
7600
Teletype
SL
593
.
& FINANCIAL
COMMERCIAL
THE
2
(938)
American Telephone &
|i
b&siSi
service
This
extended
to
was
Nagoya, Sapporo,
hama, Kyoto, Kokura and Fukuoka.
A
short wave radiotelephone system
Net
River.
Included jn the plans are 2,000
the
the
in
Mississippi
midwest
to
Buffalo
from
•
Excise
a/c
Total
Railway
841.
Net
1947,
operation,
was
stock,
common
W.
President.
Chapman,
It
Fixed
Net
ry,
—V.
—V.
167,
income
646.
oper,
p.
87,476
21,129
-
73,903
33,049
p.
Light
Arkansas Power &
as
Rent
4^%
$314,821
28,750
$286,071
$4,133,214
$3,827",070
1,949
15,616
27,113
"$215,355
$3,022,653
608,609
period.
$2,414,044
1__
.Y
Balance
421.
166,
Net
Earned
917,215
The
65,000
share
—V.
166,
1251.
p.
$406,563
$0.98
,
:
Santa Fe Ry.—Places Orders—
The company has placed an order for 56 lightweighted sleeping cars,
according to an announcement released on Feb. 14 by Fred G. Gurley,
President.
V-'V-l
AA.Y. YA'
Y;-A Y. r AY-:- •.
Of the streamlined lightweight cars, 29 have been ordered from the
American Car & Foundry
Co., and the remainder from the Budd
■
Company.
The
of
number
total
lightweight cars which
the Santa Fe System
72.
At present 414 cars are in
with the receipt of those on order Santa Fe will have a
has
on
is
order
weight cars totaling
Atlantic
The
directors on Feb.
made March
1948 to holders
1,
Atlantic Gulf & West Indies
Steamship Lines (& Subs.)
1947—3 Mos—1946
$7,661,880 $4,647,201
Period End. Dec. 31—
revenue
1947—12 Mos.—1946
$28,550,831 $12,751,781
exps. (incl. over¬
head & depreciation)
7,077,171
5,019,380
26,944,298
12,364,717
Net oper.
"$5~84,709
"$372,179
$1,606,532
222,512
$1,829,045
$703,080
93,668
100,530
Other
revenue
income (net)
Interest
operating
Income
before
{Other
profit
income
Net
for
assets
$482,547
'
205,444
taxes.
{Representing
,
$602,550
416
5,349,837
-
$277,103
profit
"Loss.
3,343,077
before
316,016
$1,735,376
-"$361,374
-"72,737
principally
(non-recurring).—v.
167,
p.
$5,952,387
191,628
$3,129,572
$5,760,758
profit from disposition of capital
$2,981,702
Crl47,869
422.
$1,735,792
047,363
$1,088,429
—V.
166,
p.
Electric
600,000
Inc.—Earnings—
1945
1946
.1947
investment bankers of San Francisco, Calif., on Feb. 23,
above company to Richard F. Bellack, formerly
Vice-President of the Fox River Pappr Corp., Appleton,
Butte
corporation makes burglar alarm systems for financial
Sutro & Co.,
announced sale of the
The
890,677
operating
Net
$11.93
$3.53
$2.37
$2.81
Shares—Declares Divs.—
29 will vote on approving a proposal
stock on a two-for-one basis.
The directors on Feb. 11 declared the regular quarter dividends of
$1.50 per share on
the preferred stock and $1 per share on the
common
stock, both payable March 1 to holders of record Feb. 20.—
166,
V.
March
on
common
2207.
P.
Light & Power Co., Ltd.
(& Subs.)
—Earnings—
Month of
from
.—
net revenue
1946
$7,252,328
6,499,362
$2,493,438
,
operation
expenses
Estimated
Net
5,475,089
December—
earnings
-"Operating
r
129,238
$3,501,391
441,295
income
in dollars are
1947
income.before taxes
—
income1 taxes
1946
$2,713,990 -"$5,488,071
1,500,000
2,300,000
>,
1945
$3,110,081
2,300,000
$3,188,071
$810,081
$3.27
$0.75
""Includes approximately $900,000 derived from sales of inventories
acquired prior to the increase in prices of raw materials since May,
Net
earnings
Earnings
per
common
share
_
$1,213,990
$1.19
1946.
NOTE—At
standing.—V.
Dec.
166,
31,
p.
380,306
1947,
2207.
there
were
942,990 common shares
out¬
315,224
$1,012,267
$0.77
•"$0.75
—
common
per
share
Trafffc Changes—
traffic department whereby
Montreal, takes the new post of General Traffic
Manager, and H. W. Gillis, of Winnipeg, and Gerald Hiam and G. F.
Buckingham,
of Montreal, become Freight Traffic Managers were
announced on Feb. 23 by G. Allan MacNamara, Vice-President of
Jefferson,
E.
of
ijY&a ic
has been
position will have
Jefferson
Mr.
his new
Freight Traffic Manager since 1930
jurisdiction over all traffic matters,
and steamship over the
passenger
States..''
whole system, including the
•;
„
and in
freight,
United
7\ A'
wi|ll supervise the Prairie and Pacific regions in
Canada and U. S. Pacific Coast agencies.
\
.
.
/
Mr.
Hiam will supervise the solicitation and handling of freight
as the system Freight Traffic Manager in charge of sales and service.
Mr. Gillis will be in charge of setting of rates for all traffic including
Buckingham
revenue necessary on long hauls shared with other
A. AA, Y":;'
A." V
, Y. ■ ■>.
formerly Assistant Freight Traffic Manager, eastern
lines, and Mr. Gillis for western lines.
Mr. Buckingham has been
General Freight Agent at Montreal for the past 11 years.—V. 167,
of
devisions
the
carriers.
p.
••
Hiam
Mr.
was
Period End.
Operating
ilan.
taxes
Fed.
income
$1,771,112
1,308,616
127,968
30,890
—
Net oper.
$303,638
income
Non-oper. income
Gross
;
taxes
than
munic.
other
Earnings—
Net
321,409
299,938
$491,116
$4,307,511
$5,116,432
890
income
.3,692
24,046
101,046
$304,528
(net)-
income
div.
,A A!
27,804
$494,808
$4,331,557
1,446,993
$5,217,478
1,644,674
$2,884,564
804,394
$3,572,804
130,451
Pfd.
y
1948—12 Mos.—1947
$1,499,068 $17,705,901 $16,301,524
864,014
11,565,961
9,502,534
116,134
1,511,020
1,382,620
1948—Month—1947
31—
expenses
and
State
-vY"-:-'A
"• ' v
842.
Central Maine Power Co.
taken at average
Go.—Earnings—
$1,327,491
——
—--—
requirements
dividend
Operating revenues—-—
Bridgeport Brass
658,190
$1,411,741
Canadian Pacific Ry.—Makes
changes in the railway's
-
Calendar Years—
520,363
648,355
taxes on income.
for Federal
Important
C.
$26,229,657 $23,101,481
revenue
118,006
$2,506,044
$1,031,435
$752,966
1947
$7,968,527
5,235,760 \
$2,388,038
(1,346,889 shares)
-"Equivalent to 82c per share based on the average number of shares
outstanding during the year (1,240,985 shares).—V. 166, p. 2416.
Dec. 31—
NOTE—Operating results as shown
rates of exchange.—V. 167, p. 543.
Net
6,128,678
$2,372,153
deductions
Earnings
Mr.
Gross
1—
income
Net
.
1946
$7,623,798
inc*me—net
Other
Y--
1947
$8,500,831
1,025,750
Split-Up Common
the
Subs.)—Earnings—
Consolidated Herein)
v
revenues
Operating
Preferred
1,248,095
share
stockholders
split-up
Co. (&
1944
3,846,729
to
Plans
-,;A
Ended Dec. 31—
12 Months
Provision
earnings for the year
The
Wis.
electrical and
fbr highways uufl other
Subsidiaries Are Not
(Mexican
$34,679,455 $39,417,661
$62,872,093 $39,222,359
-
-
Francisco,
Manufacturing Co., San
Executive
Income
1947 were equivalent to $10.64 after de¬
ducting a reserve for contingencies of $400,000.
Net income for the fourth quarter of 1947 was $1,357,047, equivalent
to $4.26 per common share.
After deducting the provision of $400,000
for contingencies, the fourth quarter earnings were $957,047, or $2.97
per common share.
Sales for the fourth quarter rose to $19,133,619.
to
&
Control—
Calif.—New
taxes.
charges
com.
.—
1945
$69,326,121 $46,521,239 $38,193,284
6,763,486
1,992,149
1,259,051
3,735.000
2,747,300
2,000,000
$1.36
$0.40
$0.25
$4.36
Years—
—
per
-
-
capital share..
2555.
Earned per
1,328,132
and reserve for
taxes
Federal
$555,284
taxes
taxes
income
■"$334,371
27,003
profit
profit (net)
Gross
Prov,
W
expense
37,808
$576,779
21,495
income
Gross
Net
Dr7,930
2,657,518
600,000
600,000
$4.43
$2.21
{Preliminary.
cash position, including short term governments of $3,000,000,
$4,900,561, compared with $6,002,102 last year.—V. 166, p, 946.
after
and taxes.
California Electric Power
shares
$387,064
Oper.
•Dividends paid
1946 - .
$34,070,795
share
12 Mos. End.
.' T
—Earnings—
Operating
interest on the
Payment will
24.—V. 156, p. 1322.
of record Feb.
$2.11
{1948'
1947
$36,667,439 $38,316,641
Brazilian Traction,
Corp.—Interest—
approved a payment of 2%
'bonds due Jan. 1, 1956.
20
3%-4%
mortgage
income
be
Ambassador Hotel
City
operation and
fleet of light¬
Y'YY;YA'-
486.—V. 167, p. 743.
$4,589,307
2,000,000
$2.25
2,613,153
sales
The
Atchison Topeka &
now
income
earnings after chgs.
Net
1946
1947
Calendar Years—
Gross
Co.—Earnings—
depreciation
prof,
Earn,
•
Subs.)—Earnings
traffic recorders
mechanical equipment.
of common
Net
1946
,
,
.
Machine Co. (&
12
institutions,
Bigelow-Sanford Carpet Co.,
$2,263,359
$389,536
$0.97
,
Dec.
Gross
$2,871,968
608,609
1947
share.
Earned per common
has been authorized by the
financial institutions at 2 VV%.
31, 1950.—V. 166, p. 2410.
corporation
Burroughs Adding
1945
2,383,100
2307.
per
-"After
$2,936,968
1946
$5,563,343
2,383,100
$2.56
profit
Number
$3,854,183
Corp.—Earnings—
profit
13 that
listed at
Subs.)—Earnings
$6,431,432
taxes
sales
*Net
422.
Electric Corp.—$10,000,000 Loan—
SEC to borrow $10,The loan will mature
Buffalo Niagara
The
000.000 from
on
Corp. (&
shares
Ended Jan. 31—
Years
Net
Canada, Montreal, P. Q.—V. 167, p.
Royal Bank of
industry.
1947
after charges and
&
Net
Ended Nov. 30—
reminded that these should be exchanged for new securities in
reorganized company on or before April 5, 1948, after which date
they become void by court order. This notice applies to first mortgage
bVsVo gold bonds, or certificates of deposit, or deposit receipts for
such bonds; and old 6% cumulative preferred stock or certificates of
deposit for such stock (not new $6 cumulative preferred stock).
securities in the United States should be forwarded to the National
Bank of Commerce of Portland, Portland Maine;
in Canada, to the
Old
be
on
*■
common
p.
Best
„
Equipment
Aro
Adjourn An-
announced on
Feb.
stock of this company would be
of business Feb. 16, 1948.—V. 167, p. 247.
per
and
Years
held
time
the
been
the
Franciscd Stock Exchange
of
totaled
earned surplus
stocks for the
to
pfd.
to
$3,022,653"
—V.
income...
net
of
1,126,177
72,665
relatively new
a
income
Earned
1,$81,093
$288,020" $4,148,830"
in
San
Number
.1,001,742
$4,107,070
280,000
2,830
be
Berlin, N. H.—Exchange of Securities—•
securities of this company which were outstanding
of
reorganization
on
November 29,
1941, have
old
of
from
opening
Net
1,310,607
$4,479,381
346,167
$353,369"
-To
AYAA
Quarterly Div.—
dividend of 15 cents per share
Brown Co.,
Cat
March 2, 1948 will
later date, it is announced.—V. 167, p. 247.
to
Calendar Years—
Mos.—1946
1,381,686
108,102
transferred
p.
$93,422
(Del.)-
Brooke Iron Co.—Larger
the directors declared a
25,
Butte
82,306
$245,267
applic.
167,
$192,180
called
meeting
Feb.
Holders
542.
Calendar
—V.
$126,358
Beneficial Industrial Loan
86,188
charges
reservations
Balance
1
$350,539
—"
income
Dividends
,
the
29,917
income
Net
Misc.
1947—12
listing of
stock (par
$380,456
Operating income ...
Other
income
(net)--.;
on
$259,897
Listing— '
113,906 1
retire¬
approp.
oper. revenuesfor lease of plant
Gross
45,752
1,091,715 shares of common
210,362
taxes
Interest
45,643
March 1, 1947, to March 1, 1948, totaled more than
$14,000,000 at retail values, Mr. Sayre estimated.
The company this
year anticipates the sale ; of
some 100,000 dryers, a volume equal to
its washer business in 1941.
Two models are made, electric and gas.
$1,342,207 $18,851,667 $16,101,309
9,891,645
8,295,626
879,205
737,541
1,788,348
1,615,778
259,812:,
121,351
....
reserve
46,318
Inc.—Sales, Etc.—
S. Sayre, President, announced that Bendix in 1947 manu¬
76% of all clothes dryers made, thereby establishing itself
leader
Sales
$1,843,741
taxes
Propr. deprec. or
Net
Co.—Earnings—
1947—Month—1946
Period End. Dec. 31—
ment
$139,174
*
annual
The,
Stock Exchange has authorized the
fhares of 4'/2% cumulative preferred
646; V. 166, p. 2554.
Operating revenues
Operating expenses
Other
$237,823
47,105
p.
factured
$468,141
69,540
"Y 30,986
Co. — Listing of
Philadelphia
Federal
$172,676
Bendix Home Appliances,
-
300,000 outstanding
167,
3,024
$307,002
adjourned to a
1945
$468,453
.
Electric Power
Stock—
Appalachian
$100).—V.
2,374
Meeting—
The
Cumulative Preferred
The
14,232
Bekling Heminway Co., Inc.
nual
of directors will
167, p. 245.
1946
1947
$602,113
112,911
50,350
1948
$664,765
railway.;
railway..
167,
2,258
'
stock, payable March 15 to holders of record March 2.
This compares with 10 cents per share previously paid each quarter.
Including the extras of 15 cents on Sept. 15 and of 20 cents on
Dec.
15, dividends during 1947 amounted to 75 cents per share.—
V. 166, p. 1783.
$136,150
■
assets
the capital
on
Dr5,752
$235,449
■
fixed
income
Net
estimated expenses of the
would have been $2,276,334
year 1946 on a
for 1947 and 83
after deducting
January—
from
Br31,423
charges
Judson
Net
5,782
$158,444
■
•
Corp.—Liquidating Value—
1947.—V. 166, p. 2554.
31,
On
Dr8,325
(quoted
$10,000),
as of Jan. 31, 1948 had net assets of $8,412,000,
liquidating value of $15.64 per share, which compares
of $8,796,834, equivalent to $16.52 per share as of
(E. & G.)
299,482
$141,902
1
RR.—Earnings—
Arbor
from
.
$304,744
charges
assuming a full year's ownership and
water companies acquired by the company
parent, company, consolidated net income
for the
year
1947, compared to $2,244,713 for the
like basis, equivalent to 84 cents per common share
cents per common share for 1946.
Mr.
Chapman said it is expected that the board
declare an initial dividend at a meeting in April.—V,
Gross
'
$266,872
(net)
income
Income avail, for
,
operation of the subsidiary
as
of Sept. 1, 1947, and
Ann
183,036
$152,662
stated that,
further
was
123,899
$313,069
income
(net) .AY.,-''
oper. income-
ry.
Other
Works Co.,, Inc.—Issues Report—
net income of company fpr the four months ended
which were the first four months of the company's
$814,323, equivalent to 30 cents per share on the
according to a preliminary statement issued by Gilbert
244,225
oper.
income
Rent
American Water
31,
$1,114,640
673,256
799,632
1947
corporation
net
w.th
Dec.
$1,249,540
accruals
tax
Railway
in cities linked to the
Dec.
expenses.
Railway oper.
Broad Street Investing
,
1945
$1,087,089
AY 810,528
31,
;
The
$1,470,034
912,740
revenues.
Railway oper.
-•••;.•
~
equivalent to a
1946
DEC;
SHEET,
marketable securities, at cost
$11,417; receivables (less reserve of
$1,681,488;
$59,256),
price
LIABILITIES—Accounts payable, $847,667; accrued liabilities, $504,742;
provision for income taxes (Federal, $1,707,278, and Wisconsin,
$267,982, less $1,669,895 U. S. Treasury notes, tax series,
at cost,
including interest),
$305,365; capital stock, no par (issued, 559,992
shares,
at stated value), $300,000; earned surplus, $5,713,484; less
treasury
stock (5,694 shares, at cost),<Pr$69,890; total, $7,601,368.
—V. 166, p. 2207.
1
t •
1947
$4.44
$3.15
$1.53
discounts, in 1947 amounted
shares)
common
sales, less returns, allowances and
$7,601,368.
obligation
exceeding $4,000,000 2'/2% '
1948
$910,550
594,296
priced at lower of cost (first-in, first-out) or
surrender value of life insurance (face amount
of
policies—$300,000), $142,815; unexpired insurance premiums, etc.,
$30,427; plant and equipment (after reserve for depreciation of $2,063,425), $1,672,804;. patterns, • tools,
dies, etc. (at fixed amount),
$50,000; patents, trade-marks, etc
(at nominal amount), $1; total,
Aroostook RR.—Earnings-
&
Bangor
Month of January—
1,337,168
$1,085,990; inventories,
market, $2,926,426; cash
$J,645,249
.
1,485,743
—
BALANCE
$819,483
427,556
398,210
^
$1,870,086
share (based on
common
ASSETS—Cash,
certificates,
167, p. 842.
—V.
3,099,000
$2,637,352
$21,775,431.
market
Certificates Authorized—
guarantor, in respect of not
$4,009,550
1,310,000
--
—i—
—
on
Gross
series X, to be issued by the -Marine
Midland Trust Co. of New York, as trustee, and sold at 99.723 and
dividends in connection with the procurement of certain equipment.
networks will be
with coaxial cable.
television pro¬
to be broadcast simultaneously by stations
network from Boston to St. Louis.—V. 167, p,
Consolidated
profit
594,298
to
authorized the company to assume
10
Feb.
on
liability, as
equipment-trust
Virginia.
gram
ICC
The
and
$1,755,382
-
-
Equipment Trust
$3,160,086
1,940,000
Wisconsin income
and reneg. of war contracts
Earned
$1,034,030
$917,548
478.734 •.
359,100
retirement act
insur. act__
railroad
railroad unemployment
taxes
income
Federal
Washington
will be added
doubling the television
conventions, three
these
$923,406
—-——
.
a/c
tax
Tax
network,,
will also
and south.
chan¬
the
Net
-"Include:
television channels from New York to
cities and Philadelphia and Baltimore
to the present eastern network by June, thus
channels between these cities.
During the political
of the television channels can be set up to carry separate programs
from Philadelphia
to cities on the network, both north
This network will also be extended south by the addition of one
nel which will enable programs to be received in Richmond,
In December the new midwestern and the eastern
linked by connecting Philadelphia and Cleveland
It will then be possible for the first time for the same
additional
serve
income
Net
television
Two
funded debt- -
on
1945
$3,937,266
72,285
profit
taxes
$3,297,583
47,203
150,932
117,912
1,448,940
1,451,050
635,353
647,388
funded debt—
——
interest on funded debt—
Contingent
channels—such that one program can be sent in each
direction—will be provided in early October to connect Cleveland,
Toledo, Chicago and St. Louis and one channel to carry
programs
from this network to Buffalo.
to
$2,735,243
562,340
interest'on
network channels
will be available
miles of television
St. Louis, which
—_——
(net)
Prov. for Fed. and
$3,175,858
17,227
deductions
other than int.
charges
expected
the east
of the
Two
$2,652,648
523,210
Cr31,482
—
±,
Fixed
football season this fall. The existing eastern
which stretches along the coast from Boston to Washington,
be increased and extended in
time for the national political conven¬
tions in Philadelphia which start in June.
In addition, it is
that the new midwestern net
work will be connected with
coast network by the end of the year, linking these sections
country by television.
time for the
in
income
1946
$3,108,287
71,799
$4,577,352
income
2,301,108
25,047
183,409
income
Fixed
broadcasters, Bartlett T.
Miller, Vice President in charge of the long lines department, on;
Feb,
24
announced extensive plans to provide additional
intercity
network facilities this year extending from the East Coast as iar west
as
164,641
—:
operating
Miscellaneous
of television
needs
from
Other
$5,244,807
2,433,088
income
Total
Extensions—
Televsion Network
growing
the
meet
To
$5,218,895
tax
railway
Other
the
under
Announces New
_
1947
$4,502,679
74,673
operations——
Profit
Dividends
more
transmitting
provides three telephone circuits. In Japan
the Japanese Ministry of Communications
of the Supreme Commander for the Allied Powers.-
direction
Lhe
;
railway operations
from
accruals.
Equipment rents (net)
Joini
facility rents (net)
in the
is operated by
service
operating
revenue
-"Railway
Sendai, Osaka, Yoko¬
and Tokyo,
Francisco
Net
than 5,000 miles long,
and receiving centers Ideated near San
the
links
which
to enable persons
19
Feb.
on
telephone
to
States
Jnited
1948
1947
$31,080,852 $28,215,489
-a-A 25,861,957 22,970,682
January—
revenues
expenses
Years Ended Dec. 31—
Total
9 on a two-way
between
?ice
Railway
radio-telephone ser-
Japan, from the United States; Overseas
the two countries was reestablished Feb,
Tokyo,
of
Month
Railway* operating
Stratton Corp.—Annual Report-
Briggs &
Ohio RR.—Earnings—
&
Baltimore
Telegraph Co.—Regular Over¬
seas Telephone Service Opened Between U. S. and Japan
For
the first time
since Dec. 7, 1941, it is possible to telephone
Monday, March 1, 1948
CHRONICLE
requirement."—
v
126,042
$174,077
$368,766
67,023
67,023
971,553
Volume 167
THE COMMERCIAL
4677
Number
'
Plan
The
Approved—
has
SEC
track
approved
application
an
(subsidiary
the company
of
England
will
also
1968.
165
Bids must
Brradway,
w
1948.-
A.
before
or
12
■
First
T.
said
on
Mercier
that
President
the
(EST)
noon
Pacific
Southern
the
Central
This
143
with
bids
B,
the
March 9,
on
Co.,
Feb.
on
scribed
27
which
company,
been
has
Liberty Street, New York, N.
50
years
which
has
ago,
Elias
A.
in
located
to
the
land
In
Cohen,
railroad
will
to
value.
t
sale,
E.
to
States
Formation
the
6%
of the
Members
reorganization
a
stock
'
orate
committee
Act
Hugh
are
Robinson, President and a director
Inc., and Fred G, Rudge,—V. 167, p. 151.
Chesapeake
U.
Kelly,
A.
of
S.
&
income
and
General
in
one
the
Gas
from
or
the
1925,
THIS
2,
common' share
per
•Calculated
number
on
pursuant
mixed
gas,
purchases
By
of
Coke
Co.
For
the
Electric Co.
Natural
facilities for
gas
Union
1947
and
other
serves.
Gas
was
engaged
gas;
in
properties
the
has
and
of Sept.
As
gas
distributed
was
the
extended
its
territory
Union, constituting about 2% % of
shares,
which
were
heid
by
public
acquisitions of Union's
holding
approximately
mon
Chesapeake and
Ohio
NOTE—Officials
due
was
to
and
of
increased
The
of
merger
98.4%
of
the
the
company's
Union
of
wages,
other
to
energy
an
"
,
the
gas,
factured
and
of
cost
■
be
to
the
commissioned
equipment
service
in
estimated
is
in
the
future.
near
has
Aggregate
inclusive,
the
trial
most
service
parts,
scribed
will
considered.
be
Butler
engaged
purchase
for
natural,
manu¬
for
gas
Harrison,
and
*
'
approximately
rendered
was
The
covers
machinery,
shares
to
industrial
and
1.966
tools,
of
'
~
customers
and
chemicals,
ceramics,
the
of
names
and
'.' '
purchased by each
are
The ICC
and
Feb.
on
liability
in
respect
certificates
ment-trust
authorized
11
of not
trustee, and sold at 99.108
the* procurement of certain
obligation
serial equip¬
to
company
assume
exceeding $4,900,000 2%
by the Old, Colony Trust
issued
be
to
the
Co.,
McDonald
The
as
accrued dividends in connection with
equipment.—V. 167, p. 842.
and
new
follows:
it is said, plans the sale on March 5 of $7,230,000 in
•equipment trust certificates, maturing serially over a period of 15 years.
Proceeds
from
the offering will
estimated
an
$9,650,000 in
finance not more than 75%
equipment.—V. 167,
new
Chicago Great Western
Payment of interest of 4%%
mortgage 4%%
general income
close
the
at
The
the
shall
be
dealt
business
York
New
bonds
of
"flat."—V.
in
167,
Co.__
C.
2.00
W.
Exchange
contracts
Roth & Irving Co.
647.
p.
&
H.
Hall
&
&
Cianey
Vercoe &
income
&
—V.
The
R.
L.
cents
President, on Feb. 19 announced that authoriza¬
purchase of 39 diesel locomotive units of various- types
the
2,350
freight
supplementing
cars,
in
equipment
order, is provided in
500,000 maintenance and improvement budget for 1948.
Mn Williams
7 said the system budget for capital improvement and acquisition of
new equipment
is $45,890,000. of which; amount $10,240,000 represents
additions and betterments to roadway and fixed property, $2,810,000
for improvements to existing rolling stock, and $32,840,000 as the cost
of new equipment now on order or authorized to be placed on order.
"Authorization has been obtained for the purchase of 18 diesel
senger
now
on
167, p. 432.
Graver and
delivered
.
the
1947
broadcas
in
progres;
is
an
ex
operations.be
to
coaxial
organizations
M.
:
trans-
cable
in
the
Records
Crocker,
corporation
$1.36
or
am
com¬
Made
natural
President,
and
its
share
per
and $0.98
1946
stockholders
common
54
cents
note
that
in
gas.
in
the
subsidiary
of
in
common
com¬
stock,
1945,
of
paid
four
regular
extra
an
to
sales
creased
in
and
area
during
the
feet
trillion
of
System
cubic
gas
the
gas
to
car¬
in
total
high
to
rose
of
available
levels.
$102,146,605,
sold
* 2%
to
than
more
from
the
has
now
trillion
in
they
*>77'
System
in¬
estimated
an
the
Southwest
75
1945.
new
During December
day on 26 days.
Columbia
contract
cents—a
cents
companies
a
reserves
year.
was
year.
feet
reserves.
under
15
20
reached
income from
during
billion
a
compared
income
in 1946 and 13.8% in 1945.
dividends of 15 cents
of
and
1946
1946.
gas
increased,
cubic
4
of
cents
94
gross
quarterly
operations
gas
over
feet
further
trillion
6V2
the
of
dividend
cents
30
17%
than
was
1945.
14.9%
compared with 15.4%
as
System's
cubic
more
While
Appalachian
fields.
Columbia
companies are engaged in a major construction program.
they spent more than $30,500,000 for production, transmis¬
storage and distribution facilities. They plan to spend an addi¬
Last
year
sion,
$111,000,000
About
at
1949
1948,
West
wholesole
to
and
utilities
public
other
in
Cincinnati
INCOME
Dividends
Other
commercial
Ohio,
serving
In
add'tional
them,
Total
subsidiaries
14,637,500
11,150 085
74,826
from
41,402
consol.
revenues
$18,153,925
—
and admin, expenses.—
Provision for Federal income
taxr_^;
Other taxes,
Amort,
long-term:
on
of
(*)
,
32,698
7::38,103
7 • 2,796,875
and
exp._l''
92,434
'
7,207
$13,497,745
$9,691,984
—........
(t)
footnotes
see
4f2*036
-i
"2
796 875
'
16,343
—
income
and
9*803*129
' 36^320
$14,217,144 $13,116,493
990,264
.1,077 258
591,101
550*229
995,331
>7, 744,135
.
#bt^7.%^7-(2,7S4,375
debt discount
Miscellaneous
tNet
-7-
7 >i94;5' * •
$3,277038
*1946
$3,025,657:
General
Interest
Washington,
$3,441,599
income
under
below.
CONSOLIDATED
414"
92
"Consolidated Income
INCOME
Years Ended Dec. 31—
sells'
homes
ONLY)
■
are
York,
it
800,000
among
'7>:v:.7'>;'1947v7console.
New
addition
(COMPANY
STATEMENTS
subsidiaries
enterprises
Pennsylvania,
an
communities,
Dayton, Ohio.
and
Years Ended Dec. 31—
from
1950.
and
Kentucky and Maryland.
Virginia,
businesses
Interest
and
homes, industries
System indirectly in
the
by
C.,
in
million
a
Virginia,
92 414
2o',314
$8,537,36'
Statement'
STATEMENTS
1947
♦1946
,
*1945
SUBSIDIARY COMPANIES—
revenues:
and
Total
gross
revenues____„______$lll,701,661
$95,070,481
63,562.058
50,313,811
5,510,953
5.944,697
4,199,349
7,682,286
7,820,006
5,432,115
for
%5',22o',86
458,031
460,410
524 03
—.
deprec. and depletion—..
7,978,577
for
7,000,424
Federal
COLUMBIA GAS
taxes
Balance
Fixed
tax
deductions
Balance applicable
and
income
taxes
Administrative
Oklahoma.
income
—
Maintenance
:
—$102,146,605 $87,268,523 $81,225,54'
6,933,577
5,544,534
5,184,74i
2,616,479
2,257,424
507 39i
gasoline
operations & misc.
Operation
Other
Kansas, and in the Deer Creek, Hubbard
7;,
Involved in the purchase, according to the company's announcement,
are 32 wells and a daily production of about 700 barrels of oil.—V, 167,
p. 842.
'
'
'
'
,
of
in
share in
and
Gas
billion
Income
fields in
fields in
via
Corp.—New
Stuart
to
1947
1947
increase
an
231
Prov.
Skinner
and Thomas
said
Subsidiary operating companies'
1946
$61,533
11,130,911
for
be
schedule
continue
area
carrier
Gas
Through purchase of the capital stock of the Prunty Production Co.
of Ponca City, Okla., on Feb. 23, for an undisclosed amount, the Cities
Service Oil Co., a subsidiary of the Cities Service Co., has acquired
ownership of oil producing properties in the Goodrich, Valley Center,
freight and pas¬
the company's $123,-
still
647.
and
compared
as
Gross
Cities Service Co.—Unit Adds to Oil Holdings—
.
substantial
Corp.
1946
Columbia
l.b(J
1947
new
report
per
corporation
Provision
Williams,
for
and
slated
are
will
will
York
New
p.
income
net
$1.20
in
share
1.50
$60,750
10,583,205
_
be
the
constructio
as
year.
interesting
^
tion
rapidly
broadcast
programs
Electric
&
$16,665,568
Electric
is
Other
-h
passengers
from
programs
as
highs in the distribution of
annual
to
cents
It
1.50
Co.—.
Co
Month of JanuaryNet
CBS
common
standards,"
was
Oil
Revenue
cul
news,
a
portion amounting to 26 cents per share
(compared to
1946 and 2P0 in 1945) was retained by the subsidiaries and
providing for the annual maturity of $2,000,000 of the corporation's
debentures, the balance available for distribution to* Columbia
serial
Gas
1.50
Co
&
of
in
after
Cincinnati Street Ry.—Earnings-
743.
and
schedule
After
410
in
Chicago & North Western Ry.—To Spend $45,890,000
on 1948 Improvements—
the
167,
Gas
1.50
Browning & Co
Co., Inc
Reiter
P.
&
tha
talen;
area.
studios
new
the
television
of
successful
compared
1.50
1.50
1.50
2.00
Co„
most
highly
panies
1.50
Co.
Nelson,
made specifically for "cash,"
the bonds shall continue to be
that
Clair
Charles A. Hinsch & Co., Inc.
John E. Joseph & Co.. Inc.-
S.
scope
so
television
entertainment,
1.50
Co.
&
Harrison
Pohl
&
Inc
3.50
Brockhaus, & Co.__
The Weil,
Co.;
.1.50
1.50
4.50
Co.—_
3.50
Hill
1948, on the
of record
&
2.00
2.00
Inc
3.50
&
and. Co.
2.00
unless
p.
George Eustis
3.50
7—V. 167,
15, 1948.
directs that
Exchange
Dryden
Fahey, Clark & Co
Curtiss, House & Co
due 2038, to holders
bonds,
Cartwright & Co.
Yager,
Edward
will be made on April 1,
11, 1948,
4%%; and
ex-interest
with
647.
p.
Swenev,
J. E. Bennett & Co., Inc.-.
4.50
Co........
&
Gradison
D.
2.00
Miller & Co._
4.50
Murch & Co.
Westheimer
March
on
Stock
W.
2.00
Skall, Joseph,
Fred C.
Turben & Co.
Grant-Brownell
the cost
Ry.—Interest—
March
on
of
Collin, Norton & Co._"
4.50
Co
the
affiliates
to empolyees and shareholders, "1947 was
The subsidiary operating companies of the
System delivered more gas than ever before to their customers.
Gas
earnings reached the highest in history.
And more money was dis¬
tributed in dividends than has been paid for many
years."
^
1
2.00
2
4.50
Hawley & Shepard
Maynard H.
The- company,
Inc.
4.50
&
"By
a
and
7.50
Inc.
Merrill,
circuits
corporation's
D.
Percentage
7.50
Co
increase
Van Lahr, Doll & Ispording,
10.00
;
Co
Hayden, Miller
Prescott,
Chicago Burlington & Quincy RR.—Equip. Financing
Co
Richards & Co
Co.,
of
&
Ohio
(Field,
&
e
entirt
earnings and in the payment of dividends were re¬
ported on Feb. 16 for this corporation and the 19 oper¬
ating companies of Columbia Gas System.
" 7
the
unsub¬
as
Percentage
.
.
E. Hutton
of
which
the
in
gas*
'
W.
of
of
vast
regular
construction
of
outside
1947—New
tional
953
the
of
York
field.—V.
steel, automobiles and
furniture and beverages.
underwriters
years.
enterprise
five-day schedule to seven-day
present
stations
relay
served
include
and
York
CBS
to
sources
the
from
schedule
the
studio
expansion
Columbia
in
and
square
diversified
are
iron
the percentages
and
electric
5,901
activities
processing
UNDERWRITERS—The
Equipment Trust Certificates Authorized—
#
the
to
radio
of1
residential,
including
the
sale
of
redistribution. Company
uses,
Ohio,
also
and
villagesjof Loveland
the
the
to
is
Blan-
by the company and its subsidiary companies is,
highly industrialized and at Sept. 30, 1947, indus¬
part,
manufacturing
by the company.
Bidders are asked to specify a dividend rate, which must be some
multiple of % of is and must be the same for all maturities. No bid
than 99
in
It
of
natural
municipal
Hamilton,
of
service
served
served
customers.
and
for less
•;
and
City
and
sale
and
Amelia,
of
17
establishment
television
continue
this
from
though
the
CBS-New
mitted
commercial,
It also sells electric
villages
production
and
transmission,
'
area
of
The
a
miles
population of approximately 800,00ft (1940 Federal census).
a
for
1948, and mature serially
installments from March 15, 1949 to March 15, 1958,
will be guaranteed as to principal and dividends
equal annual
both
purchase,
residential,
Ripley, Ohio,
redistribution.
distribution
manufactured
water
territory
The
Proposed certificates will be dated March 15,
in
the
to
and
Cincinnati.
The
tension
on
,
Ohio, and furnishes steam heating service in a small part of downtown
$6,000,000.
at
the
furnishes
also
the
and
industrial
to
gas
*
be opened at noon, March 11, on
1948 series)
serial equipment trust
to
" Procee'ds from sale of the proposed issue will be applied toward
purchase of 46 passenger cars for the daylight streamliners, "The
Chessies."
and
Hamersville
mixed
mixed
7
■
utilities
public
manufactured
'certificates.
:
production,
energy < for
Electric
commercial,
Equipment Issue—
on
company is inviting bids,
issue
of
$4,750,000
(second
the
Cooperative, Inc., for
purchase of
natural
gas,
the
in
period.*
Bids
in
electric
Georgetown,
..
The
of
Rural
resulting from unusually severe weather conditions pre¬
vailing throughout the territory.
1
The income statement included Pere Marquette district for the en¬
7
engaged
sale
chester,
; carloadings
tire
is
and
will
to
programs
even
in
ried to net in
in
stock
industrial and municipal and other public purposes.
said^ the decrease in net earnings
fuel and material prices, and to reduced
company
first
April
63
common
added
its
limited
New
present
programs
be
resulted
shares have
common
of the
the
past
ap¬
equipment
Columbia's
on
coverage
intended
are
fed
with
benefit
may
resources
film
Union's outstanding com¬
stockholders.
Subsequent
-
company
■'distribution
Marquette Railroads.
Pere
the
$0.50
$0.24
The
to
Light, Heat & Power Co., Miami Power Corp. and West Harrison
and Water Co., Inc., except for certain shares of the common
of
the
the
coordinated
a
television
control
based
said.
be
communities
said
Consolidated
the
numerous
the
all
Sept. 30, 1947.
after
City
into
Electric
stock
3,983,411
1
in
1945, it acquired by purchase
outstanding securities of
30,
Co.
1894
City of Cincinnati
production of manufac¬
merger
Electric
&
were
introduced
was
the territory served, including
so distributed since that time,
the
years
the
of
natural
and
30
(Ohio).
company
in
corp¬
properties
manufactured
ordinance
an
approximately
the
history
business.
new
now
it
1,560,224
4,501,943
,
as
changed
was
and
are
maximum
facilities
to
other
less other
before
04l'21
43
3 973 40
8!l78 56
9*48l'59
to corporation $21,246,921 $19,162,504
$16,497,97
& ELEC.
and
$86 917 68
fixed
CORP.—
expenses
income
1,697*337
charges
1,578,126
1,633 IS
$19,549,534 $17,584,378 $14 864 71
2,884,016
2,905,632
2',909',6C
charges
switching
locomotives, 15 1,500-horsepower diesel freight locomotive
upits, si
2,000-horsepower diesel passenger locomotives and 2,350
freight cars," said Mr. Williams.
"In addition, we have on order/.
719' diesel switching locomotives, one 1,000-horsepower diesel passenger"
locomotive,
1,400 freight cars and 52 streamlined passenger train
.qaps ol' Various types.
Provision also is inemded in the budget for
7 .rebuilding 500 steel hobner cars at the
railway's Winona, Minnesota,7
Shops at a cost of $1,660,000. A similiar car rebuilding program was
tConsolidated net income
,
conducted
Winona'in -1947."
at
vVi■:
t
Among
motive
major
budgeted
items. is
the
construction
7-7V',.-77;v 7'.
-
of
a
of
mora
-but-of-face
miles
roadway,
promote
Commercial
William
offices:
as
to
service,
The
130
of
ballasting in high speed
improvements
proved
than
Dana
135
'S.'
and
La
and
Financial
as
to
American
NOTE:
Union,
On
$35.00
account
of
the
year;, in
(Reg.
D.
The
at
U.
in
S.
the
the
post
of
office
present
1947,
of"
The
im¬
ferred
Office)
Canada,
rates
of
at
with
New
per
$38.00
exchange,
per
declared
18
Co.—40-Cent Com, Div.—
a
dividend
of
40
cents
stock,
share
1947:
in
On
March
13,
37V2
cents;
June
and
13
in -May,
usUal
stock
quarterly
was
B.
year.
remittance
also
Dana
Y„
Company,
twice
a
Gardens,
under the
Other
for
dividend of $1.25 per share on the .5%
pre¬
declared, payable March 11 to holders of record
166,,..p.' 2208.
Published
N.
retained
by
$16,665,568
subsidiaries..
$14,678,746 $11,955,11
4,986,762
3,417,of
■3,167,823
Publishers,
week
Act
Countries.
foreign
.777;; 7-7
London,
of
Balance representing parent com-
[every
25 Park
Thursday
Place,
New
(general
,
'• '777
York
news
8,
and
net
Puny
tPortion
income—
$13,497,745
required for retirement of
$9,691,984
$8 537
'•
•
,
debentures
2,000,000
2,000,000
Balance available for distribution
to
Columbia
Gas
&
Electric
.
2,000,
%'''
.
Corp.
common
other
corporate
Earnings
per
•Income
pared
from
.
Drapers'
York,
Feb.
11, 40 cents each; and Dec. 11, a year-end of $1.32%,.
the. company split its stock' two-for-one.
7 t
William
Portion
letter of notification wi'h fhe SEC
a
per share
payable March 11 to holders of record March 1.
outstanding stock received the following dividends or
March. 1.—V.
Patent
Co.—Files
common stock to be offered
& Co. and First C'eveland
Prescott
on
common
equivalent
Sept;
of
variety
provide
Stove
at $13.50 each,
Corp., both of
Proceeds will be used for working capital.—V. 164, p. 1716.
directors
the
on
•
Riggs, Business Manager.
(Telephone State 0613); 1
111.
Dominion
fluctuations
a
Feb. 16 filed
($9 par)
are
Cleveland Graphite Bronze
The
efficiency.
William
St.,
per
as
miles
shares
Cleveland.
diesel loco¬
222
well
Chronicle
President;
Salle
and
equipment
and
increase
Chicago 3,
second-class matter February 25, 1942,
•
rail
territory,
structures
safety
Seibert,
115-pound
bn
company
Underwriters
and
service
lation
I
The
Co-operative
(O.)
;%Yvf
for 21,278
completion
,
1'
sec—
:v7
repair, shop at Proviso, 111., at a cost of $642,000;
of construction of a' $1,860,000 modern diesel locomoirVA service and repair shop, and the completion of a $1,940,000 icentlalfzed traffic control project between West Chicago and Nelson, lilt
Construction on the letter two projects was started' in 1947.
'
tiAtnong other major projects included in the budget are the instal¬
the
Cleveland
on
common
pro
apr.lieabla
tax
to
'
or
$11,497,743
purposes
statements
a
Ghare._%p_.
for
forma
investments
related
shareholders
the
basis,
disposed
securities
of
:;
years,
to
$7,691,984
$9.84
1946
'
$0.63
and
1945
have
$bp
been
pn
reflect /ia)
during
outstanding
elimination of all incon
those years, (b> annual char^i
at
the
end
of
and'
1946
adjustments.
pxffThe.,indenture, securing the
$6 537 3(
$42 00
per
N. Y., FtEctor 2-9570.
Herbert D. Seibert,
advertising issue)
with
a
statistical
issue
debentures
Editor
on
and
requires" ti
Publisher-
Monday],
other-
year.
advertisements must be made in New York funds.
n
'
corporation's
E. C., England, ; c/o Edwgrds & Smith. > Copyright 1948 by William B.
Dana Company
Reentered
March 3, 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of Pan
subscriptions and
'
permits.
by an
under the
1837,
name
company's
&
Gas
3,
which
Stanton
1
advanced
most
studio
plans
as
audience
studio
material
will
stations
programs
news
and
studios
incorporated
April
on
continuous
a
was
of other companies
company, it has in the period since its organization acquired
utility
of
Stanton
motes
of
Mr.
CBS
program
Included
distributing
to
by
1,778,637
2,536,083
outstanding
and
in
had
the
existing
studio
■)
facilities, occupying more than
Terminal Building In midtown
Central
with
all
new
television
stations
limitation
It
equipped
The
scene,"
new
tural, and
Outstanding
without
series
Co.,
1936,
manufactured
and
Columbia
the
variety
270,000 shs.
has
Ohio
of
its
throughout a large part of
of Cincinnati, and has been
2,471,374
,
shares
of
give
those
$45,500,000
be
Grand
practically
network
American
of
1948.
their
the
1
•"
associated
,,
and
operating experience in television over
primary television interest is
"The
,
•Earnings
will
and
FINANCING
largest television studio plant was an¬
Frank Stanton, President, as a major step in
plans for building a nationwide television
"Columbia's
nationwide
2,244,000 shs.
years.
Union
of
and
ejectric
completion
upon
100
to
the
half
producing
1,241,604
income
actual
to
The
will
while
right
held.
%,
scrapped.
400,000 shs.
more
Electric
&
1906
by
first
in
than
Assembly
:
Other; railway taxes-.
railway operating income
Feb.
on
York,
be
nation's
by
in
paratus
shares
shares
feet
will
2,500,000 shs.
Gas-Light &
taxes
profits
excess
10
con¬
New
■
cubic
munications
1,909,968
Can.
for
the
204,000
•
BUSINESS—Company
under lease
In
from
1948
(E.S.T.)
m.
EFFECT TO
series ($100 par)
for 'more
entered
tured
$26,874,105 $25,607,473
Net
Net
also
1907.
Ohio Ry.—January Earnings—*
&
p.
each
for
series due 1975_
Cincinnati
that which
January—
3
GIVING
issued
existence,
public
income
at
Cincinnati
to
its
and
the Mohawk Wire Co.,
of
the
of
During
the
of
be
AND
principally
holders of
Secretary
director
a
of
1.901
operated
Edward J. Gould, Chairman of the H. &M.;
Manhattan RR.;
Month of
represent
James R. Reeves,
by
expired
2%%
existence
name
in
20.
V.
Gross
to
committee
announced
was
Feb.
on
the
of
Hudson &
John
of
preferred
committee
share
of
the
17
intensive
studios
new
70;000
'
given
principal amount, but subject to the restrictive provisions
of the first
mortgage of the company dated as of Aug. 1, 1936 as
amended by
the second supplemental indenture' thereto dated as of
Oct.
1, 1945 between the company and Irving Trust Co. as trustee.
Committee
Corp.—Protective
one
aggregate
($8.50 par)
may
HISTORY
Electric
provide/funds
were
aggregate
it
Central
to
15,
Authorized
stock
•Bonds
Chief Executive Officer of
Moore,
an
of
Cumul. pfd. stock, 4%
occupy
T.
for
rate
Jan.
•
Common
the
railroad, said it was, a company policy to divest itself of'all realty
not needed for railroad purposes to lighten a heavy tax burden and
maintenance costs.
A long-range program, he added, "calls for ulti¬
mately constructing somewhere in New Jersey a new office building
that will
house
departments now located in New York, Jersey City
(N. J.), and other municipalities in the metropolitan area.
The aim
will be to locate the building in a low-tax area."—V. 167, p. 743.
the
the
subscribe
.
'
\
discussing
at
1st mtge. bonds,
operator,
continue
to
share
per
is
issue
of
Feb.
on
company's
Mr.
,
is the President.
its quarters, comprising about
one-third of the
building, under lease arrangements, report Wm. A.
White & Sons, brokers in the transaction.
'lV
The assessed valuation is $1,250,000, of which $650,000 represents
The
the
network.
Shares
company's capital structure.
record
Broadcasting System, Inc. — Constructing
Television Studio Plant in N. Y. City
Construction
nounced
.
647.
p.
Co.—Unsubscribed
of
CAPITALIZATION,
Estate,
Liberty
stock
the
of
purpose
improve the
$22
at
common
structure at
about
Inc., of
12-story
a
143
Electric
&
stockholders
subscribe
right
to
and
Common
almost since its completion
Y.
property
this
sold
167,
Western,
trains,
additional
on
portion of 204,000 shares of common stock of¬
subscription by common stockholders.
struction
9,
Building—
of New Jersey—Sells
RR.
Gas
PURPOSE—The
1st,
of
March
returnable
are
service.—V.
suburban
the North
on
installation
fered for
Pacific proposes
Central
$37,396,000
of
issue
which
for
the
which
program
connection
series
their
Offered—W. E. Hutton & Co., Cincinnati, and associates
Feb. 7 offered at $23.50 per share 7,868 shares of com¬
mon
stock (par $8.50).
These shares were the unsub¬
to follow
mortgage bonds,.,
will include op¬
portunity to those holders of the 1st; refunding mortgage bonds, due
Aug. 1, 1949, who desire to sell the same prior to maturity to submit
tenders
to
the
company
which will be returnable about April
1.
—V. 167, p. 842.
in
Columbia
3
Nation's Largest
on
i
of
machinery,
facilities,
signal
The
■,V"':/- ;'v"
Refunding Bonds May Be Tendered—
&
in
those
Cincinnati
bids
York,
New
with
extended
be
including
mortgage bonds,
(939)
shop
additional
and
improved
station
improvements and other safety and protective devices and
yard
and
other -tracks.
The
use
of
oscillating
safety
lights, the development of which was pioneered
for the purchase of $37,396,000 first
series B, to be dated Feb. 1, 1948, to mature Feb. 1,
be addiessed to J. A. Simpson, Treasurer, Room 2117,
requests
company
modern
Co.—Invitation for Bids—
Central Pacific Railway
The
additional
of
CHRONICLE
additional
($100 par) common stock.—V. 167, p. 842.
Co., consisting of 6,470 shares
purchase
FINANCIAL
drainage,,
system
Public Service Co.), to acquire for $653,470 cash all
of the issued and outstanding capital stock of the Union Water Power
New
of
the
include
These
&
i
j'.-rj
i
j
^
|
JJJ
4
THE COMMERCIAL
(940)
years
'
DEC.
BALANCE SHEET,
,
(COMPANY ALONE)
31
ASSETS—
■
territory
,
*®46
•'
1947,
'
210,822,449
7,445,147
14,673,045
Cash
of
Feb,-19, 1948,;,amounted to.)329,for the corresponding week in
11.43'// .—v.*-167, p. 846,
y.
•
int.
10,799,464
•
The
company
tricity
Feb,
deposits———
Soecial funds and
Unamortized
and
discount
debt
(electricity
2,024,676
131,037
.compared
252,322
252,196
1,199,126
15,601
22,
1948,
amounted
year,
with
V
LIABILITIES—
surplus
12,229,874 shs.)_
(outstdg.,
par
no
surplus
Earned
—
since Sept.
1946—., ——-—.
30,
„
—
Accrued
interest
Total
worth"
_
kwh. for 'vhe tcdrfei.ppnding
3.1%.-~V. 167, p. 846,.
———_C—
Intangible
cash
investments
receivable
•Accounts
31,923
14,418,121
8,799,983
„„
10,813,376
_
6,552,548
Unamortized
debt
Other deferred
'
discount
and
charges
Total
expense-——
406,305} 65 4
122,298,740
Capital
—
Earned
surplus
shares)
122,232,560
Sept.
since
3V8%
debentures,
1%%
serial debs.,, due $2,000,000 per
Minority
of
subsidiary
Accounts
1S71.*———
due
interest
in
stock
common
payable
Accrued
taxes
-
—
interest
Other
——
I
deposits
current
and
and
and
Reserves
injuries
'Advances
for
and
932,292
1,281,245
3,296,951
.
,
2,277,060
141,332,667
aid
in
of
1,826,662
1,626,422
in
587,531
417,945,440 406,305,654
doubtful
1946.
;
accounts
v
t.
of
$499,941
A
*
and $502,-
1947
'
'
*
in
*
.Registers With SEC—
The company
covering
will
be
used
to
determined
be
finance
under
competitive
construction
a
invite bids to be opened March 23.—V,
Feb.
bidding.
75
Company
program.
plans
excluding
14
a
the
of
output
companies,
ended
Feb.
Commonwealth
sales
showed
a
other
to
10.6%
Edison
electric
increase
Co.
the
for
the
week
238,120,000
237,588,000
—"V.
167,
—
5.3
218,309,000
10.0
241,900,000
.
24-——
224,621,000
240,178,000
7___—j—
31 _■
;
215,360,000
218,314,000
10.8
Commonwealth
Investment
1
■;
/} lA-
V;.~
,
Total income
products,'
leading
—
(from
revenues
OF
ASSETS
ASSETS—Securities
deposits,
market
at
Net
LIABILITIES—Accounts
for
payable,
$4,401;
$3,928,974.-
the
directors
capital
March
have
declared
stock,
1948.
15,
par
Last
April 1, July 1
V, 166, p. 2417.
and
$1,
Div.
the
year,
Oct.
1,
six
of
1,
six
1948,
following
cents
cents
&
distributions
each;
and
Southern Corp.
Dec.
share
24,
-
on
of
record
were
made:
12
cents.—
■
1948—12 Mos.—1947
S
$
$
Frov.
22,358.545
263,220.717
232,250,653
expenses—
Amort.
of
sition
13.398,614
10,236.195
134,016,959
104 417,463
depreciation—
for
2,121,961
1,979,375
23,961,8'20
22,289,264
373,909
413,171
4,492,334
(19,532,442
4.490,930
plant
acqui¬
adjustments—
General
taxes—
—I
and
excess}profits taxes—
j
Fed.
income
17,564,962
4,269,407
j
[26,770,968
$5,075,158
Int.
on
V of
income
$5,460,396
54,446,194
V1// ,:
55,641,402
14,057,520
13,624,150
27,846,632"
long-term
subs
Amort,
^
of
orem.
debt
and
v\"
debt'
„
1,258,122
dlsct.y,
'63,437
deductions——b.
Dr71,491
Divs.
on
.subsidiaries
stock
'
\
•'
64,645
1,847
-
769,336
.
756,011
: Dr320,336
209,459
of
—703,342
Minority stkhldrs. int—
income
—
46 667
46,667
11,146
$3,196,060
215,199
705.687
8.453,322
8,768,374
216,973
2,045,804
683,180
2,906,550
3,337,798
29,440,548
31,600,228
340,000
340,000
...
.
redeem
493,000
steam
heating business..
250,000
L.
paid
declared.^
or
of 10%
$11,112,568 (101631,039
8,204.328
capital stock—
on
rents,
560,000
to
for
$1,59
general,
such
cost.
Federal
selling
and
administrative
and
§Which
Income
equals
taxes
the
reduction
attributable
to
$192,116
$2,558,659
75,493
49,934
812,011
res.
earned
^ 1
-
BALANCE
SHEET,
DEC.
Other
(includes
accounts
Claims
for
and
$6,268,623
balance
new
United
Corp.—V.
Utilities
Public
167,
Series G,
reorganization
of
prior
profits
years'
Fed.
474,668
.
4,100,000
,
,
(par $20
share)—.
a
139,918,080 427,226,000
30,520
763,517!
estimated
interest
Miscellaneous
Dividend
funded
on
for
preferred
tive
March
dividend of $1
a
per
payment
amortizat'on
for
amortiz.
Miscellaneous
Unadjusted
Earned
on
5.
payments
were
1947.
year
of
Distributions
declared
from
available
S5
•
t
income
for
tne
'■
each
were
mode
the
on
preferred
of
retained
in
.
stock on Jniv
' '
value
of
Co.—Annual Report Reveals New
said in part;
Manager, on Jan. 31
for
for
the
the
This
the
their
Bonds
164,541
1'9081390
466,549
57,510
60 231
197,290
127,877
95,034,527
90,303,866
of
franchises_,__._^_
plant acquis, adjusts.
21,749
20,053
1.576,936
1,150,419
reserve
3 179 649
3 102 982
elec.
l,'l02,'715
reserves
696,035
116,187
81 477
25,331,086
32,223^211
„■
———
NOTE—The amounts
represent
or
determine
cost.—V.
left
167,
Detroit
use
$2,908,240
to help
It
paid
Stockholders
interruption since
Calendar
Net
sales
Net
profit
Number
Earned
—v.
1947 was $11,112,568.
Cash dividends to
of their investment in the business, totaled
business
stock.
which
at
the historical
present
cost
sale
434,215,801 398,0$7,784
utility and other properties are"
thereof
do
and
not
purport to
value, replacement cost
or
ear¬
repre¬
reproduction
250.
p.
Steel
chgs. and taxes—
common
shares—_____
of
share
p.
'
1947
1946
1945
$25,717,721 $19,460,582
4,120,583
2,361,377
after
per
167,
Corp.—Earnings—
Years—
______
823,748
889 769
-
!
823 748
$5.00
$22,155,087
S2.C7
1—
723 748
$108
648.
■
year
pay
year's revenues which'was,
expansion of service to cus¬
the
from
for
Our net income for the
for other corporate needs.
year.
Savings
credits
ned
■.
,
previous
year was $10,631,040.
'"-'VV
Earnings per share were $1.59, based on the total number of shares
outstanding at the year-end.
In the previous year, on an 'equivalent.,
number
of
shares, our earnings would have been $1.52 per share.
Dividends for 1947 totaled $1.20 per share. It was the 12th consecutive
year that the company paid its stockholders 6%
or .more on.the par
out
S.
1 132 265
accrued and unpaid
Fiancing May Be Necessary This Summer—Prentiss M.
Brown, Chairman, and James W. Parker, Presideht and
Detroit Edison
stockholders,
U.
11,792.706
1,451,538
169,102,
2,098,766
352,802
surplus
sent
net
■
12, 1948 and on Nov. 25, 1947, representing all.
dividends up to Dec. 31, 1946.—V. 167, p. 648.
income
debt
Total
.
,
General
unfunded
reserve..-
Casualty and contingency
share oh
and
5.867A65
11,101,900
liabilities
(depreciation)
for
income'; taxes._
deposits
Retirement
Res.
'O.Oob.OOO
pro¬
payable in following January
Deposits by employees
Miscellaneous
current
Approved—
648.
50,OO0,000
60,000,000
accruals
declared
^Customers'
Federal
and
.
35J)00,000
6,711,928;
taxes,
.
>30t,000,o6d
'
_______
general
*
^
'
,
—
and
763T517
;
v
-
3% %,'due Sept, 1, 1966—_______
35,000,000
due <Dec;; 1/1970..—'50,090,000
for
Accrued
basis ol,
' :3;465,862
434,215,801.398,087,784;
property
vision
II
'
.
assets,•—3,526,352
payable
Accrued
2 23,384'
income
taxes.
.
directors
The
declared
24
579 Oil
payable—banks
Accounts
March 15 to holders of record March 5.
the common stock since the plan of
was
consummated in April, 1947.
; also declared the full $5 dividend on the 5 % cumula¬
s'ock, also payable March 15 to holders of record
first
the
Feb.
lo!480,002
794 198
-Series H, 3% ;Scries I,
$1,355,762
payable
stock,
common
is
on
482,938
8,599,159
....
Refunding Mortgage Bonds:
F,; 4%/'due Oct, 1, ^L965 (redeemed
17, 1947)j_...
Nov,
RR.—$1 Com. Dividend
Denver & Rio Grande Western
directors
p.
7.258,027
383,329
assets
.Series
Notes
Dayton Power & Light Co.—Acquisition
V-
104c
.
7,250,200
General and
construction program.—V. 167, P- 744.
.
11,882,100
^
Cap. .stk; held for scrip ctfs. outstdg. (1,526 shs.)
Premium on capital stock—I.^;
'
20 filed a registration statement with the
shares of common stock and $4,000,000 25-year
debentures, due 1973. "Debentures to be offered com¬
used to further company's
31
12,171.897
investments——.
LIABILITIES—
Capital stock outstanding
$1,690,697
334,935
The stock will be offered present stockholders on
share for- each four held at $60 a share* , >Proceeds
such
in
receivable
refund
excess
Total
68,250
fund
sinking
above
of
376,290,200 357,186,583
—
Prepayments for insurance, etc
Feb.
on
the
$
v
receivable—trade
^
.
and
Inventories
$2,290,430
599,733
'
■■
in
$895,000
1947
-
temporary
Accounts
80,054
$225,468
?$i.67
1
expenses,,
.
Tangible
Intangible
560,000
77,401
-
7,633,560
12,722.600
share.——
per
$2,930,484
6,740
deduct.-
company
another
Net
$245,523
j
covering
tomers and
-/v.;
•
>
expense—
Other
pfd.
1,133,445
J.
31,031
services
to
2%%, due Sept. 1, 1982_^Li___G_
Net
4,119,123
past
1946)—..
$1,513,098
130,075
62,609
em¬
—
dividends
Cash
$2,923,858
-6,626
$3,195,490
570,
$245,523
$1,411,713
$8,204,328.
Gross
central
$
25,088,766
revenue—'
Operating
for
to
1909.
7%
have
in
one
been
of
those
and 6V2.% in
dividends with¬
years
paid quarterly
■
.
3,925,000'
,
189,945
Crll8,101
electric plant acquisition
adjustments acct.)
Other properties—tangible
Registers with SEC—
Eoth
(& Subs.)—Earns.
1948—Month—1947
.
Gross
in
of
CONSOLIDATED
937,650
bonds
corp.
calendar
Commonwealth
953,423
$283,281
surplus
to
to
The
per
holders
to
,
Period End. Jan. 31—
fund
surplus
cost "
Dist.
attr butable
1,143,728
\
Balance
the
April
1,376,651
78,718
$149,975
$142;182 r $l,746.648,
applic. to outstanding Axh*[c pfd. stock—
334^35
This
dividend
a
payable
92,958
pay¬
(693,750
To Pay Six-Cent Dividend—
The
to
151,627
$15;657>1^6"
4,259:234
i
appropriation,
1,567,183
7,562
tax
shares
197,701
—
appropriation
retirement
of
provision
3,931,869
1,870,837
210
income
$13,172;
income
4,755,000
estate.——_i—;!
real
Reserve
Federal
assets applicable to outstanding capital
$5.66
per
share), $3,924,023; ' total,
at
4,916,267
162,054
—
and
int.
-See
net
275,-736.
8,956,784
provision for employees' retirement.
(Equals the reduction in the above
provision for Federal income taxes attributable to such cost.
iWhich
equals the reduction in the above provis on for Federal income taxes
1947—12 Mos;—1946
•
328,765
$283,071
revenues-
surplus
,
demand
of
$5;804,500
tincome
Cash
$908,018 $12,312,668 $10,504,288
81,198
1947
cash
sales
of
Earnings
-
116,636
mort.
on
one
sold,
i
$16,589,255
UtTity Properties:
182,640
—
income
petitively.
shares
2,464
-
3,983,000
taxes__
^
from
North
"
$3,928*,974..
income
7,620,000
•
•
'426;517
*
Miscellaneous,
137,794
$3,738,472;
capital
Federal
25,670
.
2,518
-
9,142.996
mortgage ;bonds_,-^_^2—^_ri_i_'_
on
loss
Net
:
Pak Margarine. A standard
1947—Month—1946
—
oper.
137,79^
31,
,'
.
tPortion of est. cost of $671,000 to abandon the
Co.—Earnings—
$1,049,443
taxes
Other
Depreciation
71,163
DEC,
1946
•
.
$30,000,000 series F bonds.
with
Cleanser made
Dutch
385,898
taxes
SEC
LIABILITIES,
quotations,
$172,169;
receivables
receivable, $5,161; total,
able, $550;
snares
AND
;
^—•
——
$69,637
69,637
,
•
—
interest
(charged
Introduced
direct
excl.
exp.,
$118,646
Net gain from sale of investments
Dividends paid therefrom
interest
new, improved Old
and Delrich E-Z Color
Period End. Dec. 31—
27,388
118,646
;
_^V-59.230,593;46,867,548.;
^A___u.__
9,876,535
7,356,366
plant acquisition adjustments
income taxeS)^—.
estimated
''Including
Dallas Power & Light
$97,025
.
••
YEARS
utility operations——_$106,762,899 $90,765,095
ASSETS—
29,642
.
the total .stoc^.---
of
J.—^;$16,391.555: $14;9Q5}519
ployees'
cleanser packed at the Cudahy plant at East Chicago,
Ind., and a pound carton of the margarine made at the company's
Kansas .City, Kansas packing plant were shipped on Feb. 16 by railway
express to the home of .every owner of Cudahy Shares.—V. 167, p. 544.
Int.
f—
.year.
compared with
as
for
than
for
tPortion
the
of
can
72,098
—
income)—
STATEMENT
Net
Inc.—Places Issue Privately—
the
seismotite
activated
size
The
Dividends
•
reason
$148,288
.
•
1947,
the American Light
the shares outstanding at Dec.
Interest charged to construction.
:
"
;
~r
———
—
income
Other
10,
of an order issued by the directors; stockholders of this
company are sampling right in^ their own homes two of the company's
Bj'
Other
$89,462
elec.-
Stock dividend
Gross
1946
'$141,091
'7,196
Interest received
Net
;
<
.
Cudahy Packing Co.—Two New Products
-Bal.
1947
during the
increase
31,
Except
income
Interest
-
Proceeds will be used for general cor¬
porate purposes.—V. 167, p. 544.
10.6
Co.—Earnings—. *
Dividends received
Expenses
2417.
Total
1960.
1,
Net
Calendar Years—
'
•
.;
follows:.'June.-10, $1 ,-20;..Sept.
and Dec. 10, 90 cents.—V. 166, p.
Transfer
•
New
% Increase
744.
p.
to
Dec.
other income
10 to holders of record Feb. 25.
On
York Stock Exchange stated that this stock will be
Other income
1947
of
Balance
company
Juiie
the past
totals of
1948
14——
Jari.
share pn the
:
corresponding' week
year ago.
Following are the kilowatthour output
weeks and percentage comparisons with 1947:
Feb..
per
.
on Feb. 27 announced the sale to insur¬
companies of $4,000,000 3^8% sinking fund deben¬
tures, series B> at par and accrued interest. The deben¬
tures are dated as of Dec. 1, 1947, and are to mature
The
Federal
associated
and
utilities,
over
at
year.
1947
(other
^Portion
Oper.
Co.—Weekly Output—
Week Ended—
Jan.
Tfixea
March
Crown Cork & Seal Co.,
to
four
Feb.
the
21,
taxes
Commonwealth Edison
the
1
earnings from
Provision
Pay 90-Cent ,Dividend--:
dividend of 90; cents
declared a
payable
stock,
cents;
Proceeds
167, p. 846.
beginning of
continued
stock
of
(«Amoft'zat!ph Vol franchises;
:'V: -; *■
quoted ex-dividend on Feb. 24. Payments during 1947 wefe as
Oper.
Electricity
2,465,195
2,465,193
167, p. 744.
The directors have
a
registration statement with the SEC
debentures,
due
1973.
The
names
of
the
of
Cou¬
our
construction
for
money
new
Uncollectible -accounts, less recoveries-),
89,185
Approprlat'ons to ret'remeni .'(deprec.) reserve7,620,000
$1,234,390 $11,565,855 $11,754,444
$1,219,291
———.
at
/.V//V'V:'.'.
;
.
stockholders
of
.expenses :
Maintenance and 'repairs'_._'
Feb. 20 filed
on
$45,000,000
underwriters; will
20^420,
more
Co., which owned '20.2% of
1947,. no-single holding exceeded 2 Vfe %
....
to Stockholders—
con¬
565,274
for
10,823
205,420
installation
for
''i'-r"
1,989,438
—'
reserves
298,090
need
•Operating
$1,439,810 $14,031,048 $14,219,638
136,645,499
2,034,981
reserves
,—
After
8.C4
919,792
1,248,220
reserves
Total
*
18,186,714
thereon.
struction
Other
4,869,014
17,012,559
—
damages
contributions
43,259
58,277
6,193,132
liabilities————
depletion
and
int.
6,571
65,340
to
40,224 holders
the
at
Gross
$1,424,711
'
-
CONSOLIDATED INCOME STATEMENT FOR CALENDAR
,
448,050
'
order
on
Trac'ion
31,
ance
.___
—
accrued
accrued
Depreciation
for
20,000,000
—
—;
„_
38,207
3,468,858
443.023
Creole Tetroleum Corp.—To
77.500,000
surplus
companies
Accrued
Customers'
annum
and
3,696,588
37,355
were
?Amortfz;
3,569,102
18,000,000
—_
14,565,518
11,018,520
_
1946
30,
14,639,665
77,500,000
__
288,501
36,155
expects
'
Balance
360,654
*417,945,440
(12,229,874
par
346,413
(Cr.)—
Tiie
record.;;'
well started on a
company
'
1,199,126<
„1,096,327
7—
'
8.547,757
debt
disct.,
pfd. stock-
on
; —V.
LIABILITIES—
stock, no
surplus
3,556,808
expense.—"
income—
,''"v
■>
electricity was about 20%-'above 1946.
kilowatt Unit is
conditions..
number
There
$1,759,094 $17,872,569 $18,125,724
$1,741,939
debt
and
capital
Conpnon
105,146
.
&
J
deductions
Divs.
255,585
.
:
267, 524
1,168,500
1,152,909
set a new high
steam and gas each
of
the
saw
company
market
7 ,095,458
333
7,615
8,085,729
excess}
long-term
of
Net
1,127,201
.'257,703
1,108,192
'
8,762
3,707, 672
and
,
;v
by the summer of 1948, but timing and type of future fi¬
nancing will be governed largely by construction progress and financial
The
income
on
Other
' 6,339,039
' 6,353,978
;
9,661,429
1,312,293
deposits
629,750
25,000
sale
100,000
The
3,432,395
688,083
$106,960,600, highest in the
As usual, about 97% of these,
reached
year
purposes
32 ,551,262
42,309, 515
4,199,724
taxes
prem,
third
1948— 12 Mos. -1947
$6,998,502
the
riers
Creek plant at some later date.
Many new substations and additior.al Jines were built during the year.
The 1947 construction pro¬
gram-required the expenditure of $22,903,624.
26,472,808
etc.
and
A
acqui¬
plant
income
Int.
31,039
underground storage.—,
Ll
Materials and supplies--.
1._
'
Prepaid insurance, taxes, gas lease rentals and
funds
C.—Files
D.
year
$79,858', 342 $39 ,982,155
<1948—Month—1947
taxes—
Amort,
427,646
1,241,232
—
.Gas" in
royalties,
v
Co.—Earnings
adjustments
Gross
$
17,974,043
Temporary
of
sition
net
367,530,162 340,519,590
—
reserve)
Cash
Special
Amort,
/ 1946
367,096
(less
of last
weex
let'pr of notification
a
$7,807,656
—
Operating expenses—.—
Prov.
for
depreciation.
profits
$
_
Investments
filed
17
fend. Jan. 31-^-
>revenue——_
Fed.
1947
ASSETS—
Tangible
Corp., Washington,
Title
Feb.
on
Consumers Power
Period
Gross
CONSOLIDATED BALANCE SHEET, DEC. 31
Miscellaneous
company
General
Property, plant and equipment (at original cost):
...
book
"underlying
of
1947 and $1,301,587 in 1946.
$1,294,031 in
/
■
242,365,923 239,952,154
adjustments
possible
r
726,271
778,569
:
,
____
for,
reserve
of
;
/ ■ ;
liabilities
accrued
—
"After
932,292
919,792
accomplished
W(is
interest' rate 'of '2%v;(;' ' They
rather flexible four-orfive-.ycar expansion program which may total $100,000,000.
TO a con¬
siderable extent t!iis new construction is needed to keep ahead of post¬
war growth of
load, because building was delayed during and since the
war by
shortages of manpower and mater.als.
A new 75,000 kilowatt
turb ne-generator was placed In operation at the Marysville plant early
in
1947.
Work is well under way at our Trenton Channel plant on
the building extension, required for the installation of two additional
turb.ne-generators, each with a rated capacity of 100,000 kilowatts.
with the SEC
for 7,089 shares of class B common stock ($1 par), to be offered at $15
per share without underwriting.
Proceeds will be used to pay indebt¬
edness and for corporate purposes.—V. 162, p. 566.\
y "
;
'!•
.
-
and
Other current
The
——-
—
operation
financing
ah
bear
From the proceeds »f .this.bond
for
revenues
production and
with SEC—
The
122,298,740 122,298,740
14,639,665
14,565,518
7,255,465
2,927,130
3'/8% debentures, due 1971
77,500,000 77,500,000
17a 7o serial debs., due $2,000,000 per annum—
18,000,000
20,000,000
Accounts payable ;
——--2---—.'
69,199
112,886
Accrued taxes
904,493
889,31-7stock,
Com.
.Capital
bonds
Sales of electricity,
to
201,300,000
increase of
an
/Consolidated
242,365,923 239,952,154
Total
bond
mortgage
new
company's history and 18% above 1946.
revenues came from electric service.
22,205
—
The
premium.
a
,
218,600,000 kwh., compared with, 217,000,000 kwh. for the corresponding week of 1947. an increase of 0.7%;
local
distribution
of
electricity
amounted
to
207,500,000
kwh.,
1,108,193
--
expense—
charges
Other deferred
at
Gross
Feb. 25 announced that System, output of elec¬
generated
and
purchased)
for the week
ended
on
75,385
Subsidiaries
.
•
98,059
accrued
Accounts,
;
295,962,111
33,783,746 .or
Consolidated Edison Co. of New York, Inc.—-Output—
27,956
129,700
securities (at cost) —
and divs. receivable—
United States Government
increase
week ended
with
compared
as
an
sold
,
subsidiaries consolidated-..
.
233,213,560
Miscellaneous Investments "(less jeserve) .J.. 27,956
in
•Investments
served for the
745,857
1jjj47
-
$60,000,000
1947.
wereJ
sale the.'.company
retired; before maturity, its, remaining $30,000,000 of 4%,
bonds' at- a
total cost of $31,513,099.
Also, $12,000,000 was used to repay shortterm bank borrowings.
The remaining funds are being spent foi- the
current construction program*
' •
.
-;J< < >;
weekly
this
of
.
A
kilowatt-houv output of electric energy of- subsidiaries
corporation adjusted to shew general business*,conditions 6f
The
; Monday^ ;Mar6hT^
•;'v
in
per
in 1970.
$3,700,000
to
up
CHRONICLE
Weekly Output Increased 11.43%—
payments Tor the retirement ^of
annum for the first three
to make regular annual
ranging from '82,000,000
corporation
debentures
FINANCIAL
&
Dorset
."
The
been
City
Fabrics, Inc.—Registrar and
Central
Hanover
appointed
transfer
as
value.
This
to
•'
of
Dorset Fabrics
of
Textron,
officers
and
1,
stock
directors
'
Co.,
First
1,500,000
Transfer Agent—
New
York
National
shares
of
Incorporated.
were
of
\
in
issued
;
as
57,000
Dorset
<
Delaware
of, the
a
Nashua
total
A
on
shares
>
were
,
at
■;
Y
of
has
'
Jersey
stock
$1 par
v'-// ■ ,
May
1947
22,
Manufacturing
of
1,132,631
stock-dividend
Fabrics, .Inc.
N
Bank
capital
r"
business
Incorporated,; and
1948.
Trust
The
incorporated
was
converting
of Textron,
subsidiary
&
/;' ■'
the
a
March
and
for
agent
corporation
acquire
Bank
registrar
to
Co.,
shares
stockholders
made'available' to
$1
*per
share
to
v.
Volume 167
Number 4677
THE
Dresser Industries, Inc.—Private Placements—On Jan.
14 the
ment
company took down $7,500,000
with Prudential Insurance Co.
under
of
an
and
Life
Resumes
the
Feb.
on
;
Dividend-—
Common
The directors
declared
19
cents per
The
usual
preferred
dividend
quarterly
stock
March
also
was
1.—-V.
Life
1
.
and
3%%
holders
last
of
in
trend
in
toward
payments
to
policies;
payments;
$3.53
"
167,
A.
'
P.
Mina
'
Mrs.
pany.
Mr.
been
Widow
Edison
elected
Thomas
on
died
director
a
of
Aug.
A.
24,
to
1947.
the
succeed
Edison,
founder
late
is
a
Vice
President, a director and
Riegel Paper Corp., of New York.—V. 167,
El Paso Natural Gas Co.
Operating
Mr.
•.
residuals
$791,286
$9,976,909
3,838,319
(excl.
deprec.,
2,889,819
72,119
etc.)__
Taxes,
/.:•/':
amort.
other
&
than
&
Balance
Other
Gross
'
Net
Pref.
$4,871,496
29,160
$428,103
$4,842,336
6,388
74,860
84,566
1,168,066
$3,599,410
167,
34,479
25,625
321,219
Share
Period End. Dec. 31—
$311,524
$3,278,191
who
dividends.—
1947—12 Mos.—1946
Total
income
income
2,853,364
3,810,374
437
1,750
1,750
$1,510,384
urer,
and
H.
has
A.
$5,894,624
345,253
552,227
Mr.
accident
United States
architect's
U. S.
.
353,306
4,239,668
1,059,917
______
BALANCE
SHEET,
DEC.
at
166,
total
a
letter
of
notification
with
be
offered
To
being
Is
elected
been
in
President,
Chairman
as
the
to
of
charge
and
sold
President,
Treasurer.
(net)——_
Inc.-
Net
♦1946
committee.
&
cost,
*
has
elected
also
$10
per
at
Co.,
1,790,000
68,729
'370,625
175,625
receivable—___.
'
-
20U
—_—
Total—
-V.
1,790,000
member
122,687,175
26,251,788
24,000,000
26,251,788
331,284
252,848
____:
—
Notes
payable—banks, 1%%, due Feb. 25, 1949_
Accounts payable
interest—bank
loans
1
___—___■'
declared
retary.—V.
;
760,526
62,431,381
8,821,363
122,687,175
Earned
£
surplus—since Jan. 1,
1945___
r
645,370
•411,853
.__
_____
The
for
230,604
88,225
:
•Adjusted.—V. 167, p. 153.
next
the
the
years
four
period
43
of
he
ex¬
orders
our
total
one-
which
in
years
its
increase
to
the demand
engineers,
present
will take
It
years.
equals
the
five
for
still
size
of
level
before produc¬
Then
turbine
more
average
production
years
them.
continuing
production
turbines
has
at
risen
greater than a decade ago. Units
than three times the present
more
$300,000,000
over-all
expansion
plan
last
announced
which
will
will
20
cover
house
and
acres
the
entire
have
turbine
Instrument
million
a
square
production
;/
.■
the
of
//
;
Corp.—Changes in Personnel—
Controller, has been elected to the additional post
Walter Torgerson was named Assistant Sec¬
Treasurer.
'
-V
.
Mills, Inc.—Buys
■
,•■•'/
.
'
;
150 feet, of steel, brick and tile construction, and
years old,
became available.
has exercised an option to purchase the Bloomington
the Colonial Radio Corp., Mr. Perrin said. He emphasized
from
that
Central
will
Mills
General
Steam'
Ironing
continue
Attachment
manufacture
to
the
in
its
Tru-Heat
Iron
plant
Minneapolis
1620
at
Avenue.
has. not
date
A
by
400
three
company
plant
$146,398
Financing—The
Illinois Plant—
a
than
The
been
167,
for
set
a
resumption
745.
p.
•
of
saucepan
production,
>// v1/-"'/
-
"
com¬
General Phoenix Corp.—No Common Dividend—
-.v
It
issue:
Last
15,
initial
an
15,
the
cash
to
of
15
the
cents;
cents each.
10
announcement
that
24
directors
of a dividend due at
the following payments
year,
Dec.
and
15
The
Feb.
on
declaration
stock.
March
Sept.
on
the
on
common
r
announced
was
action
the
For
week
Feb.
19,
over
ended
Corp.—Weekly Input—
the
A
J
-
kwh.,
000
167,
21.7%,
or
corresponding
846.
p.
for
Feb.
on
chares
18
($1
filed
par)
letter of notification
a
stock:'
common
with
said
that
had
this
were
14,
June
taken
on
the
on
this
15
and
cents;
•
"
directors
"the
voted
to
defer
dividend on the common stock to
greatly incieased demand for the
company."—V. 156, p. 2557..
the
of
no
time
made
regular quarterly
provide for the
SEC
The
G.
C.
Co., Detroit. The offering price is pari: Proceeds
working capital.
/.//■'■ ,"••//-• /;/•,:
i
•
/
-
week
of
last
were
March
22
follows:
as
and
.
$1
Dec.
20,
share has been declared
per
to
holders
March
year-end
a
of
record
of
75
20,
cents;
March
June
$1.25.—V.
9.
will
1948
be
action
conserve
finance
Sept.
19,
1947
Net
each;
r:
Earnings
per
p.
Fidelity & Deposit Co. of Maryland—Changes in Per¬
sonnel—
Beverly
who had been Chairman and Acting President,
•was
recently
elected Piesident,
to
succeed
W.
W.
Garstang,
who
:• resigned from that office last year/, Walter E. Peek is Vice-President
''tin charge of sales.
'
■
'
Kevers,
,
Kevers
Mr.
Feb.
on
stated
27
that
the
has
company
received
loan from the Reconstruction Finance Corp. to
manufacturing of
converters,
inverters, and other
$285,000
the
communication
and
equipment.
This loan, which 'was obtained under a
reorganization plan reported acceptable to the cred¬
is payable $100,000 in 90 days and $25,000 monthly
l recent
financial
itors'
committee,
interest.
The RFC
to creditors.
Three
thereafter, plus
initial payments
mittee
until
elected
were
all
and
Carlson
The
payments
was
members
They
of
will
and
year
full.
the
creditors'
remain
C.
are:
E.
on
the
direct
sales
current
homes
their
of
approximately
ceivers,
at
selling
models,
outlets
in
to
Peek.
the
Model
for
'
$80,
have
New
been
York
office,
No.
to
areas
shown
were
company's
converters,
console
Mr.
metropolitan
for
television
first
Indianapolis,
110R15
and Model
tested for
with
area
have
the
for
No.
the
table
time
27,
in
at
a
Ind.
model
Mr.
110R30, listed at
two weeks in
acceptance,
$120,
100
re¬
radio-phonograph
166, p. 465.
V.
also
,
be
used
combinations,*
r
/
and
for
1946
share
$1.12
,
$1.31
649.
19
wire
office
Gross
Donegan have been elected
Harry Y. Wright has been elected Comptroller and
C. Hepting as an Assistant Treasurer and Fraixcis H.
1944
and
has
Wagner,
Dorothy
T.
Hollyday
and
Mabel
and
has
been
the
position
director
a
of
Second
of
the
company
since
Manager
F & D
its
of
since
1905
Baltimore
and
branch.
for
the
been
•is
connected
time
as
a
with
member
the
F
&
D
for
the
past
31
since
1920.
and
Mr.
Wagner
has been
since 1935.
a
President Frank A.
is Assistant
Manager
member of the F &
The Misses
D's
Hollyday and Shaw
Bach,
and
to
the
of
the
home
judicial
office
most
of
Appointment of Elmer B. McCahan, Jr., as Assistant General Counsel
this
company
and its affiliate,
the American Bonding Co.
of
Baltimore, has been announced by Frank A. Bach, President. Mr. Mc¬
Cahan
recorders, juke boxes,
dictating machinery—
time
was
he
was
•
*
'
•
•'
•
expenses—
$30,295,022 $21,151,513
22,430,898
15,818,567
4,556,438
3,534,269
•,
■
profit
$3,307,686
less
other
9,648
$1,798,677
155,863
$3,317,334
income,
Net
$1,954,540
deductions
profit
Federal
and
Canadian
income* taxes
1,269,526
724,675
$2,047,808
income
Net
Earnings
per
common
•Preliminary.—V.
Georgia
$1,229,865
$3.23
'
.
Operating
p.
167,
Revenues—
Week End. Feb. 14
;
.
1948
Jan. 1 to Feb. 14
1948
1947
$47,775
.
rev.
—V.
$5.57
46.
p.
*
'
/
share
167,
Florida RR.—Operating
&
Period—
$47,300
1947
$320,140
$298,486
847.
Georgia Power
with; the claim department until 1941, at which
transferred to the legal department.—V. 167, p. 433i
v
The First National Bank of Jersey City has been', appointed
agent for the capital stock—V. 161, p. 2556.
,
/ •■ V
transfer
v..-;
was an¬
sold
V. 161, p.
2219.
Gerber Products
The
shares
Agent
& Light Co.—Bonds Sold—It
on Feb. 13 that this company on Dec. 1,
1947,
$1,000,000 first mortgage 3%% series bonds due in
1975 at a price of 101.—V. 163, p. 3135; V. 162, p. 3073;
nounced
associated
Fidelity Investment Associates, Inc.—Transfer
1 ;
v
and admin,
depart¬
secretaries, respectively,
company's Treasurer Roland
for
according
returns
sales
of
Other
organization
are
Benjamin..
for
retail
less
allowances
of
its treasury department.
Mr. Beckwith
Manager of the burglary department and has- been con¬
associated
with
that
branch
of
the
F
&
D's
business
ment
charges,
past
Assistant
tinuously
'Dec. 27, '47 Dec. 28, '46
service
1946.
Mr.
years,
(& Subs.)—Earnings
.
incl.
Selling, advert, and gen.
Shaw
Vice-President
Wright
has
been
an
Assistant
Treasurer
since
1945.
As
Comptroller
and
Secretary of the' F & D and its affiliate, Mr. Wright succeeds to
the
positions formerly occupied
by
Charles V-R Marsh and VicePresident Robert S. Hart, both of whom retired last December under
the retirement plan adopted by the
companies in 1944.
Mr. Hepting
has
Cost
sales,
Gross
occupied
has been its
years
General Time Instruments Corp.
the
has been associated with the
egan
special wiring is required for the converters, which operate with
a
new
type automatic remote starting system.
The unit
for
table
models weighs 15 pounds, whi!e the console converters
weigh 55 pounds.
may
of
Galloway, was appointed General Counsel last December, follow¬
ing the retirement of Vice-President Washington Bowie, Jr.
Mr. Don¬
y
converter
167,
Years Ended—
Vice-President
Mr.
No
Either
'
First
J. Stuart Galloway and Owen A.
Mercer
since
to
television
past
unanimous
persons
receivers
Feb.
■■
elected
been
Assistant Secretaries.
as
this
Makes Television Easily Available—
offices
or
meeting
The
com¬
board
Stanfield, E. G.
Special converters which will make it possible for millions of
in
make
1947.
Converter
New
in
used "to
be
'
" '
■•'.
reported to have unfilled orders
at Dec. 4,
as
last
made
to
was
Ralph, Brengle.
company
$800,000
directors
are
loan
has
Mercer
Vice-Presidents,
Secretary, Fred
Beckwith, Nathan A.
a
implement
power
::R'.-:"Rt
H.
company,
R.
1947
$19,741,187 $18,381,312
843,608
979,678
—V.
year—
Effect—
Norman
January 31—
profit
•
.
Electronic Laboratories, Inc.—New President—Plan in
s
Shoe Corp.—First Quarter Report—
sales
in
$1
to
3 Months Ended
Net
Output—
this corporation for the week ended Feb. 20,
151,391,755 kwh., an increase of 13,112,680 kwh.,
the corresponding week of last year.—V. 167, p. 847.
output of
over
General
stock,
2557.:
p.
electric
amounted
9.57c,
or
common
Payments
and
20
166,
the
on
Public Utilities Corp.—Weekly
General
the
Underwriter,
&
dividend of
payable
the
1948
System input of subsidiaries
of this corporation amounted to 61,347,000 kwh., an increase of
10,971,V.
company
Federal Mining & Smelting Co.—Distribution of
$1—
Electric Power & Light
•
in
over
high,
that
,
less
94,125
working capital and for capital expenditures.
300,000
•/McDonald
used
Total
■
~
is
increased
so
180,900,342
taxes
Preferred stock
i
delivered
Mass.,
Fire
destroyed the firm's leased plant at 3127 Hiawatha Avenue,
Minneapolis, on Jan. 15.
Efforts to find new quarters In the city
proved futile, Mr. Perrin said. At the same time a site at Bloomington,
Federal Industries, Inc., Detroit—Files with SEC—
7,035,213
has
will
addi¬
an
Lynn,
said.
turbine-generators
power
kilowatts
while
in
of General Mills
PressureQutck Saucepans will be re¬
plant at Bloomington, 111., due to inability to find a
Minneapolis
(Minn.)
location,
it
was
announced
on
10 by Leslie N. Perrin, President.
/' '
/"'/
'/' M
Feb.
—V. 166, p. 1578.
145,243,353
Works,
plants
turbines."
167, p. 649.
In
business
—2
8,700,000
G-E
Production
sumed
500,000 from Metropolitan Life Insurance Co. on a 15note.
The proceeds are to be used to provide
1,059,917
High—
satisfactory
40,833
;
from
Belanger
for
expects
space,
General
year
additional
dividend requirements to 3/6/47
Capital adjustment and contingency reserve—.
Accrued
'
floor
Assistant
the
of
announced Feb. 25 that under arrangements made
in conjunction with Goldman; Sachs & Co. and Kirkpatrick-Pettis Co. of Omaha, Neb., it has borrowed $8,-
180,900,342
Orders
power consumption, and to cut
each turbine, the company is now constructing a
turbine building at the Schenectady Works.
This is
building,
of
General
pany
58,953
today
merger
on
the
measuring
$58,410 V. {$142,379
Co.—Private
be
to
Alois Konecny Jr.,
of
:
Foods
Mr.
production
G.E.
officials Said—V.
LIABILITIES—
($5 par)
166, p. 2418/
Fairmont
200
—820
___•
$71,026
of
The
11,339,342
69,229
profit
the
on
Schenectady Works.—V. 167, p. 745.
$2,595,679
240,523
•
vote
'///,'■' RRr'.R'
•;
y-
$2,543,276
37,400.
to
of
/
help meet the nation's increased
feet
/
95,810
•-
45,425
right
shares
by the company. To be completed in about 16 months, the new
building will be the largest turbine manufacturing plant In the world.
appointed
been
a
to
$20,000,000
and
Net
88,015,004
10,447,818
—
I
116,451
-
its
of
capacity.
part
a
79,452,489
30,555,994
;___
——
profit before taxes.
for Federal taxes
waived
respect
_
than
more
come
electric
turbines
production .time
1948—9 Mos.—1947
$885,992
In
will
about 50%
being constructed to deliver
now
To
L.
\
—% $894,778
has
National.
by
May
-
1948—3 Mos.—1947
National
of
and obsolescence will require
rate," he said. V'. •/•'•'///
high
average
Martin
by
will
eight to ten
steam
for
director
a
this com¬
surviving
the
six
National
that
to about 50,000 kilowatts,
SEC
the
1
/
been
be
shares of Galland
for five of National common stock
delivering
need
of
Electric
next
of
growth
■a
of Imperial Trust do., Ltd., Holt
Ltd., and Vice-President and director of the Canadian
is
Prov.
$
*>:
79,452,489
the
new
has
i/v.;,;'.'///•;: '':/fk
Montreal
of
of
merger
will
agreement
Co.—Turbine
manufactured
"General
tion
company's razor
Martin L. Straus. II,
'/•/
succeeding
cents;
Merger—
on
a
which
company's Schenectady
the
total
our
has
for
the
of
board.
the
Chairman
Webster
Webster
Sales
$
;
that
installations
of
fourth
company.
1
Vice-President
Vote
consider
Corp.,
stockholders
of
for land
SEC—
filed
was
50
649.
kilowatts
"The use
G.E.
465.
p.
Exchange Buffet Corp.—-Earnings—
31
' 1947
advances—ledger, value:-
Defended charges
Accrued
erected
be
$15,000,000.—V.
Payments
30,
the
stock
capital
the
on
18.
owned
Fitchburg, Mass.,"
Declaring
by
$1,938,230
_J
Other current assets
Dividends
will
apartments
capable
900,000
in
and
Fur Auction Co.,
all of Montreal; and a director of Walker & Co.,
Inc., and President of Annis Furs, Inc., of Detroit.—V. 167, p. 250.
bonds.
Common stock
owned
$1,030,793
utilities
interest
Accrued
formerly
977,177
banks
Govt,
and
Linen
record
of
will
of
declared
has been
Co.—To
except
Galland
plained,
-
site
the
1,015,109
$4,254,939
■
March
exchanged
Electric
"Turbines
Bronx, N. Y., has progressed
builder's contracts have been en¬
245,613
$3,098,740
..
than
tional
event
ilhxess..
or
be
$1,
common
be manufactured in the
Group
the
243,312
111,052
<ne t)
Services
Ebasce>
Cash, in
in
110,281
?;*■;t-V'X*-S'-RR ■' R~R;
•
1
Architecture,
Period End. Jam 31—
Foreign utilities
Society's
97,158
COMPARATIVE
'<■ASSETS—
the
Renfrew
381,354
$0.86
.;/
9,500,000 kilowatts,
a
large
portion of the
expected
expansion, will be added to the nation's " electric power gen¬
erating capacity within the next four years with the Installation of
steam turbine-generators now on .order with this company, according
to J. W. Belanger, Manager of the company's turbine divisions.
and
General
Sales
Manager
of
both
domestic
and
sales.
Leo Strauss, Assistant Secretary and Assistant Treas¬
has been appointed Vice-President in charge of administration
executive
$4,937,614
818,568
over-all
Stone,
Assistant
191,124
>
1
31, 25 cents; June
$1.—V. 167, p, 251.
12
terms
1).—V. 167, p.
More
force
U 18,649
25,077
..
Investment securities &
In
contracts
under
of
General
dividends.
as
weekly Income
a
housing project on
Naval
Rogow,
R. "Howard
$2,393,616
100,150
,
.dividend—
stock
1,870,679
437
loans.
income
Net
1947
of
providing
stock
22,
March
the
of
of
March
Service
would
value
National
The
are
Assistant
export
$2,082,500
____
bank
on
$2,082,500
987,447
—
Other expenses
Interest
$522,500
taxes-
taxes—
end
stock
share
holders
to
Linen Service
Under
shares
(March
Vice-President
$522,500
:
Federal
Other
Pfd.
and
1947—3 Mos.—1946
$1.85
,
Dec.
on
National
par
common
and
also covered under Equitable Group
benefits. * Nearly 790,000 employees
($1 par) common stock.
underwriting.
The stock
remained
•
Total
had
the
receive
Vice-President
and
Treasurer,
has been
elected
Senior Vice-President and Treasurer/ Thomas Emerson, Vice-President
Co.—Earnings—
$707,694
\
818,568
' $1.81
$69,735,000.
1948
President, Etc.— ."1
division,
$2,488,499
income—
Other income
to
in
employers
II, New York City, President of the
New
/'
interest
of
1,100
a
without
168,073
$377,165
Total
of
1947
of approximately
16
share
Louis
Gross
distribution
were
policies
new
some
land,
Arthur
Electric Bond &
amounted
31
and
stockholders
with
common
income
endowments;
cents;
corporation.
to cover cost of hospital expenses
approximately 750,000 ox their dependents.
account of
on
shares
Straus
250.
p.
for
1,722
the
at
where
10,000
&
surplus
—V.
of
Feb.
$2,656,573
require.'
div.
matured
75
According
1,014,178
$337,149
$2,323,237
1,615,542
Corp.—Declares 75-Cent Dividend—
follows:
as
Galland Linen
The
under
retirement
as
Eversharp, Inc., Chicago—Filing with
98,500
/
'818,569
cents' per
75
March
were
30,
pany
Mr. Parkinson revealed and said that construction will
shortly. As now planned, nine apartment buildings containing
On
$1,482,170
(excl/ '
.
Steel
of
payable
1947
Sept.
last
made
were
beneficiaries
other
dividend
A
in
into,
including
270,374
$411,644
div.
death
surgical
for
health
point
total
$3,941,124
1,333
/
outstanding
166, p. 2209.
stock,
37,072
taxes
com.
tered
$3,978,196
7,208
the
a
that
persons
protected
Equitable's
begin
shares
Follansbee
disability payments.
Group insurance
families, covering illness, accident, de¬
the end of
providing
and
Webb Institute
to
67,509
$511,478
income
for
the
331,100
13,147
$435,312
1,949
income____
stock
410,331
6,048
>:
$513,426
deductions
Bal.
24,428
219
said
at
1,275,000
also
The
535,243
958,624
44,917
and
out, in
prematdDfe
apportioned
was
disablement
of
321,588
567,794
958,436
costs-
£
income
682,613
37,133
74,762
inc.—Dr
Income
Fed.
>
'
develop.
than
accident
Fed.
jncome taxes
Expl.
53,080
59,394
—V.
benefits
death
as
$108,149,000
and
distributed
were
their
and
848,500 employees and
were
80,765
depl.
values
well
as
of
children
paid
were
and
Parkinson
contracts
$3,438,902
266,684
cash
age
this Society
More
$1,055,683
_
for
1947—12 Mos.—1946
credit
—
Maintenance
Deprcc.,
(& Subs.)—Earnings—
429,081
revenues
Operation
Net
(Del.)
1947—Month—1946
an
year,
with
Period End. Nov. 30—
$11,944,000,000,
$1,514,685
profit after Federal taxes____
treasury stock)„
Earnings per common share-.
Society.
totaled
928,226
$2,397,049
914,879
$2,442,911
taxes
Common
issued
rates
on
the
Society's
investments
increased
somewhat
Mr/Parkinson revealed.
On the reserves and other funds
which require interest
earnings, The Equitable received a net return
of 3.02%; on its ledger assets interest earnings of 2.76%.
-/
last
Sales
846.
Net
the
at
Interest
com-
General
p,
workers
old
$56,001,338
Mrs.
the
of
V
Mitchell
Manager of
R
Edison, Inc.—New Director—-
has
Edison,
in
to
living
Disbursements
widows,
$10,281,000
$31,984,000
Mitchell
M.
year-end
seeking
$37,968,000
pendent
153.
p.
(Thomas A.)
the
the
19
'
Dec. 28,'46 Dec. 29, *45
Dec. 27,'47
31,
individual
$3,182,178
$3.02
at
Feb.
insurance
Stores, Inc.—Earnings—
.
profit before Federal taxes
Federal
the
company's *89-year
on
life
New
for
approached
of
benefits
—V.
force
record
a
the
reported
directors/
of
Society
in
year totaled $116,791,000 in interest and other income.
the $276,600,000 paid out as policy benefits in 1947. Mr. Parkin¬
pointed out, 63.7% went to living policyholders, demonstrating a
year
1946
$2,817,147
share
common
board
through life insurance.
1947
___
this
time
Of
Inc.—Earnings—
_
by
first
Parkinson, President,
the
First National
Quarter Ended—
Total
assets
listed
at
the
close of
1947
reached
a
new
peak of
$4,505,000,000 a gain of $322,400,000 over the year before. With loans
to large and small corporations throughout the
country for new plants
and equipment, the Society added $$77,237,000 to its holdings of in¬
dustrial securities during the year, wmle its holdings of United States
Government obligations declined $340,792,000. Earnings op- investments
share
the
on
to
15
the
5
(941)
V
$1,381,000,000 over the close of 1946. Of the total in force
1947, $6,606,000,000 was owned through individual policies
$5,338,000,000 through group policies, Mr. Parkinson said.
son
.
-
per
share
per
March
provided
for
$1,170,000,000,
insurance
continuing
Edison Brothers Stores,
Net profit
Earned
cents
payable
mark
of
totaled
Dec.
on
167, p.
Calendar Years—
■
93%
of
declared,
545. •.
meeting
1947
increase
payable April 1, next, to -holders of record
.March 15, ,1/48.
This is the.lirst payment to be made on this issue
since Dec. 15, 1945, when 30 cents per share was paid.
record
CHRONICLE
Net
protection
dollar
Thomas I".
annual
in
;
dividend of
a
billion
history,
stock,
common
insurance
twelve
This loan, represented by 31/£% notes, matures Dec. 15,
1962. The money has been used to repay $7,125,000 of
bank loans and $375,000 was added to working capital.
on
FINANCIAL
Reach New Peak—
Massachusetts Mutual Life Insurance Co. providing for
borrowings up to $12,500,000, subject to stockholders'
approval of increasing the company's borrowing author¬
ity from $7,500,000 to $12,500,000 (see V. 167, p.- 250).
1
&
Equitable Life Assurance Society of the United States
—Reports Large Increase in New Business—Total Assets
agree¬
America
COMMERCIAL
on
Feb.
held
the
of
of
common
20.
A
record
stock
stock
at
directors.—V.
Co.—Split-Up Voted—
have
stockholders
authorized
from
dividend
the
close
of
167, p. 46.
an
500,000
of
one
increase
to
share
business
on
of
1,000,000,
of
it
common
Feb.
the
was
for
number
of
announced
each
share
has been voted by
20,
•
6
income
Net
Earned
—V.
share
per
167, p.
1946—6 Mos.—1940
$6,663,732 $G,259,820
505,730
443,623
$0.66
$0.58
1947—3 Mos.—1946 '
$3,3U),424 $3,592,256 '
221,823
347,148 '
$0.29 :
$0.45
Period End. Dec. 31—
Sales
yS,
V-
■:
743.
I\v.1947
Gross operating income..
$17,904,015
•Costs, oper. and general expenses—
15,375,334
Intangible development costs.
445,974
Depreciation and depletion
245,833
;
^Provision
and
to stockholders
cents and an extra of 5
estimated that earnings
12%
It
is
End.
2104.
'
V
:1—
par)——
stock
($1
Common
stock
purchase warrants —
of Carolina Giant
•The
—'
Co.
Cement
upon
company,
Carolina
"'V
notes
•Promissory
Cement
Giant
$533,452
'
v
wholly-owned subsidiary,
plant and facilities at
the conveyance to its
Co., of title to the
will guarantee the payment by such subsidiary of
the unpaid purchase price of such plant and facilities, to be evidenced
by promissory notes of such
subsidiary, aggregating $533,452, and
secured by mortgage of such properties,
Harleyville,
C.,
S.
sale of
produc¬
is engaged in the manufacture and
Portland cement. ' In 1946 the company's
BUSINESS—Company
the
usual
types of
957? of Type I Portland cement,
17?
of Type II Portland cement and 4%
of High-Early Strength
cement.
High-Early Strength cement has been manufactured by the
company only since 1945.
Company also purchases from other manu¬
facturers and resells to its customers small amounts of Types I and
II Portland cement, and High-Early Strength cement as well as other
special types of cement which it does not itself manufacture such as
White Portland cement, Waterproof cement, and Mortar cement.
Sales
of the latter type are made as an accommodation to customers and
constitute only a small part of the company's total sales. :v7
tion
made
was
of approximately
up
the
1947
accepted
company
Administration under which
War Assets
intent issued by the
letter of
3,
Nov.
PLANT—On
HARLEYVILLE
a
plant
sell to the company for $666,815 an alumina
known as Plancor 1831, located at Harleyville in
the WAA agreed to
facilities
and
chester
S.
County,
all
include
sales
The
C.
facilities,
estate,
real
Dor¬
improvements, easements, machinery and equipment cornequipment comprising said plant and facilities excluding only gasoline
driven passenger cars and 'trucks.
It is the intention of the company
that the plant and facilities so to be acquired shall be converted and
buildings,
operated as
plant for the production
a
of cement.
be incorporated in Delaware on Nov. 3,
1947, and to be qualified to do business in South Carolina, a subsidiary
company,
Carolina Giant Cement Co.
All of the outstanding capital
stock of Carolina is owned by the company.
It is the intention of the
The
the
of
by Carolina. Funds for such acquisition, conversion and oper¬
ation by Carolina will be advanced by the company, and obligations
of Carolina
incurred in connection therewith will be guaranteed by
the
company.
%
,•
.
v.v;1
Carolina Giant Cement Company has as
yet acquired title to the plant and facilities covered by letter of intent,
but the company has notified the WAA of its readiness to take title
pursuant to the terms of said letter of intent as soon as possible.
Neither
the
nor
company
giving the right to purchase in the aggregate 282,453 shaves
of common
stock
are
being
issued by the company.
Each warrant
entitles the holder thereof
to purchase from the cmopanv, at $2.20
share, the number of shares of common stock called for thereby,
time during the period beginning July 1, 1948 and ending at
per
at
any
3
(EST)
P.M.,
Oct.
on
will
warrants
1951. ...The
1,;
in
issued
be
Pinney
Craigmyle,
sell
respectively,
them,
by
purchased
be
to
The
stock
to
warrant, aggregating
intend to hold the
and after the completion
the distribution of the common stock may make a public offering
such warrants, or some of them, at a fixed price to be determined
the basis of the market price of the common stock at the time
27,615
of
of
on
warrants
such
of
purchased
be
to
by
William
stock
of
"r"
of
shares
two
will
writer
«'•
-
'' <»'
ammonia
Feb.
on
/
•
annual stockholders'
the third
At
International
V. 166, p.
the
Feb. 16 announced that the consolidation of its
manufacturing
activities
through
the acquisition of International
Standard Electric Corp., New York, by Federal Telephone and Radio
meeting held Feb. 16, the following
Pinney
Kirkland
&
follows: May 12 and Sept. 15. 25
1948.
Payments in 1947 were as
$2.25
able April. 1
cents
issue
the
authorized payment April 1 of % of 1%
adjustment income 5s of 1857.
Previous payment on
y2 of 1% on Oct. 1, 1946.—V. 167, p. .746.
on
Feb.
24
the
on
was
Ingalls Jr., of Birmingham. Ala., President of the Ingalls
and Vice-Chairman of the Ingalls Shipbuilding Corp.,
a director.—V.
167, p. 847.
I.
R.
Works
Co.
sale
the
of
purchase
Idaho Power
has
Co
___
deduct
will
7
Net -oper.
Other
the company's
of
initially become part
(net)
$2,519,634' $2,2?2,570
$634,218
1,617
$713,615
18,199
rev.—__—„
income
Gross
-
h-18,304
deduct.-
Income
corporate funds and are intended to be used in the develop-,
of the plant and facilities to be. acquired by the company's
$635,835 c $2,537,937
159,872 ^/701^45
$731,814
201,776
income
general
ment
subsidiary,
Carolina Giant Cement Co., at Harleyville, S.
income.-.-
Net
Div.
C.
OF
the
and
etc.
1946
"
•
1945
*
$2,305,749
1,553,802
2,007,928
$735,480
$1,222,019
1,211,512
avail,
:
stk.
1944
-
$1,923,924
•
expenses^..
Profit
from
819,056
$370,121
$297,821
$10,507
Earn,
$475,963
$1,836,693 \ $1,632,108
113,167
100,000
4l3',l€7400,000
:
—V.
for
div.
of
$416,871
'
com.
.
'
;i_j.
167,
p.
.-c'-.•••/.
' /'•
$375,963 7 $1,423,52a; $1,232,108
' "
•/■"/-•"v:::1: -. v%; ,/r.
com.
surplus
&
shr.
per
"'••stock
.
$0.76
$0.84
"
-:
.
•'
_
^
^
' >
'"• $2.59** ">>v $2.74
_
-
-V -
The
!
t
3,458
8,634
15.657
—
V/:>
4
L.
normal
and
income
State
Refund
rec.
Net
12,725
Fed.
10,000
500
"$67,918
-
II—II
Cr28,759
$216,916
167,
$178,679
$14,642
*$39 159
Gibson
Refrigerator
directors have declared
Co.—Declares 15-Cent Dividend
a
dividend of
stock, payable March 30 to holders of record March 16.
In addition to regular quarterly distributions of 15 cents each made
on
Jan. 31, April 30, July 30 and. Oct. 30, last year, an extra of 15
,
cents
was
paid
on
July 30 and a special of 10 cents on Dec. 30,
167, p. 546.....
•
,
.
V7'
■
Grosset
Eugene
1945,
as
Secretary
March
1,
J.
&
and
1947—
out
the
who has
■
.
/
v
■
been with the company
special assistant' to
accountant
and
Treasurer,
has
1948—V.
company's
for
167, p.
434.
been
the
he
1948,
record
switchboards,
investment-.money-will .be
new
rate
dial
switches
appointed
since March 12,
Emil F.- Stabal,
effective
Controller:
i
:/>
•-
cents per
share
March/I.
cable
6 Months Ended
profit before
Net
for
Prov.
Net
Illinois
RR.—Tenders of Bonds—
Central
\
-
7
$1^635,000 par value of system
pursuant to their invitation -of Jan. 21.
for which tenders < were invited is
$103,948,000.
Bonds covered by tenders must be turned in between
Feb. 26, and March 4, 1948,
Prices accepted for $100 principal amount
of bonds are as follows: First mortgage 4s of 1951, 105.15; first mort¬
gage
3V2S of 1951,
104.25;
extended first mortgage - 3 Vis - of 1951,
The
bonds
directors
tendered
value
104.50;
Division
Division
of
&
Feb.
accepted
20
T
Terminal
first
first
first
mortgage
mortgage
4s
3V2S
mortgage, 3s
of
of
of
1951,/106.25; St. Louis
1951, 104.5.0; St. Louis
1951, 102.75; Springfield
$1,413,576
per
Consolidated net
-
sales
•$38'Q,638
»$44,779
/ Nil
Nil
[["' * :'
months ended Jan. 31, 1948 totaled
637,261
;
"•
Jeannette
.
The
common
" /-
;v
■
shares,
for six
$12,666,363 last year.—V. 167, p. 651.
If
the
The
><
'■
v
.
f
annual
meeting
will
consider
•)-..*
;
the loan
will be used to repay
'
"
'
proposal
stockholders
ask
is approved, the company will
borrowing not *in excess of $500,000.
a
$250,000.
to $500,000 from
proposal
proceeds of
V.
the
the authorized indebtedness
authorized
to
Debt—
Glass Co.—Plans to Increase
at
.
y.:.
i
stockholders
increase
to
,
Cr299,800 Cr2,045,000
$853,576
$1.22
share,—,
*Loss."'/tBased on
/_
f
r'•$274,579/ $2,425,638
560,000
profit
outstanding
Lines
Terminal
1
taxe?„
1946
1947 r -j :.
1948
Jan. 31—
$21,091,800 as compared with
purchase
bonds
Western
&
on
for
-
(& Subs.)—Earnings-—
Federal income t-axes_c._-i '
f Earnings
'
',i.i. -•...
:■//■ ./■-
•>•/'/-
,
Jacobs Co.
(F; L.)
V/
will be-^installed atoffice--equipment aloneand other equipment—will- be -installed
working day, he added.—V. 167; p. 847.
said.,' Telephone
of
1947.
Central
at the rate of $190,000 every
Par
.
Dunlap, N. Y. City—Controller Appointed
Kelly,
chief
;
in
period, he said.
/•...■'"•■•'I'V
" . ,
buildings and 19 building additions, through¬
territory are already under construction,•• or are
15 cents per share on the
common
V.
$75,300,000
amount>
this
required for the one-year
v.' Some 20 new telephone
twice
The
of two
dividend
,
.
scheduled
650.
p.
extra
dividend of Iwol cents per
both payable .March 20 to holders of fecord
paid during 1947. •• • '.-r
No extra was
Illinois: Bell Telephone C^.—Large ^Expenditures • for;
Benjamin Mossman, President, on,Feb. 24,,-further announced:/?,'The■/,f •'
['']■
preferred stock issue, which was originally 13,678 shares (par ,yalue
.The company's 1948 expansion program calls for gross'construction
v
$25 per share), amounting to $341,950x,I.'was completely retired as [of
of $115,000,000, G. K. McCorkle, President, told .stockholders at;their
/ "Sept.
30, 1947.
This stock was purchased at a cost, of $327,789, a
annual meeting.
, •
- •
7.
•j* saving•' to
the -company of $14,161."—V. 166,'p. 1356V.:://"'-'', "/; -: '; ///1
'."Of
&
taxes—
income
'•Loss.—V.
4,000
tax
of
income
State
$19,142
112,600
and
the common stock,
-
.
$301,279
142,550
$372,191
surtax
have declared ? an
the regular semi-annual
directors
,
share
•
Inc.^Declares/Extra1 Dividend
Construction Planned—
'
Profit before ino. taxes
Fed.
vi;
Investors Royalty CO.;
:
>'•..iX■h'r't'"*'"V,
stock.—V. -167,- p/ 746.
/•common
>'
,
47.
^
"$83,576
2,070
oper
income
-
-
.
Other
1,
1956.
due
'
Bal.
.-
Years Ended Dec. 31
Oct. 31,'47
Sales, less freight, disc.,
allowances,
21,591
$530,038
-.
period
EARNINGS
10 Mos. Ended
Costs
■
$2,294,161
^ ^ 662,053
applic. to pref. stk.
for
STATEMENT
refund
due March
bonds
4l/4%
debentures
••
net
warrants
its outstanding $2,142,000 first mortgage
1962, and $1,800,000 of 4Vj>% sinking fund
'i
~
1f /
The
company,
operating 22 bakeries, bakes Dolly Madison cakes,
-which are distributed throughout the Middle West and West Coast.
Other
products include Schulze's Butter-Nut bread,-/which is
baked
and sold throughout the Middle West,- and Weber's bread, which is
distributed in Southern California.
/ : Total, net sales for
1947 amounted to $52,772,555 (unaudited) • and
net income for the period was $1,329,278.
■;/;',-;ll1;'i;.Vu;i"'V:. I//
"Al The balance sheet as of Dec, 27.71947r showed total current assets
of $5,427,612 and total current liabilities of • $2,738,321.Iv-a/v/,v.;I
r;?/.
..Upon completion of this financing, the company will have outstand¬
ing, in addition to the new debentures, only 81,086% shares of $4.80
cumulative
preferred stock
(no par)
and 305,442 shares , .($1 ;par)
to
debenutres
new
■
1947—12 Mos—1946
$2,226,058 $9,673,041 $8,496,166
1,591,941 '-7,158,406
6,'223,596
$2,611,826
1,898,211
revenues
rev.
*
Pri¬
Placed
Corp.—Debentures
Bakeries
vately—Kidder, Peabody & Co., it was announced Feb.5
25, has placed privately with certain institutions $4,000,000 4% sinking fund debentures, due Feb; L 1963./ ;
./,
The* company,, which is believed to be
the fifth largest baking or¬
ganization in the country, will use the proceeds from the sale of the
Iron
1947—3 Mos.—1946
End. Dec. 31—
Period
Oper.
Co.—Earnings—
$224,000,000 as compared to $195,000,-
important
Interstate
Y.—New Director—
Huyler's, Long Island City, N.
the
qf
the
appointments were also announced. Fred T. Cald¬
well, Fresident of International Standard Electric and Vice President
and Director of I.T.&T. has been elected President of Federal. Rear
Admiral Ellery W. Stone, USNR, formerly Chief Commissioner of the
Allied Control Commission in Italy, and a Vice President of I.T.&T.,
has been elected Executive Vice President of Federal.
R. C. Blackinton
has been elected Vice President of Federal, in charge of production.
Mark A. Sunstrom, Vice President of I.T.&T., has been elected Execulive Vice President ol' International Standard Electric Corp.—y, 167>p. 746.
'
Four
Payment—
Manhattan- RR.—Interest
&
directors
The
interest
of
the
at
000
56V\ cents per share on the
stock was alsc^ declared, • pay¬
holders of record March 19, 1948.—V. 167, p. 154.
to
Hudson
the
orders on hand totalled
the end of 1946.
year,
and Dec. 20, 50 cents.
regular quarterly dividend of
cumulative convertible* preferred
The
are
ISE
plants in 24 different countries'consummation of the operation, the capitalization of
will
total
approximately
$100,000,000.
Combined sales
and ISE for 1947 amounted to $154,000,000.
At the end of
30
Federal
stock, payable
J.,
N.
of
subsidiaries
than
Common Dividend
has been approved by the board of directors.
I.T.&T. subsidiaries.
Through the acquisition of
Federal will control the major manufacturing
the ITT system throughout the world, including more
Clifton,
companies
stock
the
declared a dividend of 25 cents per share
April 15 to holders of record April 7,
24
Feb.
on
each,
Oper.
50%
35$
157?
-
proceeds to be received by the ?omnanv from
564,906 shares of common stock and 282,453 common'
PURPOSE—The
stock
Co
&
Douglas & McEvoy
Winslow,
the
follows:
corporation on
Corp.,
Both
the
'v'./'V'-fPfM'PPri f f) CP
Manufacturing Activities—
This
After
common
$41%
2003.
Corp.—Consoli¬
International Telephone & Telegraph
dates
950.
directors
The
by Glore, Forgan &
Dealers discount 80 cents.—V. 165, p.
share.
per
Federal
on
3074.
p.
Co.—Secondary \ Offering—A sec¬
Shoe
shares of common stock (no par) at
Co. of 17,000
for
Houdaille-Hershey Corp.—25-Cent
declared on the common
record March 15. Distributions
50. cents; July 1, $1; .Oct. .1,
to holders of
ondary offering was made Feb. 28
.the ensuing year:, Horace T.
Pentecost
(President), David E. Wyman (Vice-President), Reid W. Allen (Secre¬
tary-Treasurer), Ford E. Smith, Harry W. Trowbridge, George Hemmen,
Richard
H.
Prewitt and William Calvert.
Mr. Calvert's qualifying
as a director is subject to the approval of the Civil Aeronautics Board.—
elected
were
^r.^.
75-Cent Dividend-— '
cents per share has been
75
April 1
1947 were as follows: April 1,
cents; and Dec, 16, $1.25,—V. 162,
75
Wash.—Directorate— I
Hoppi-poptt?rs, Inc., Seattle,
;
of
payable
■
directors
Debt
:'
'during
II
were
:
A dividend
.
stock,
..
"B"
class
and
I'-"
'
746.
International Salt Co.—To Pay
25 authorized
it of shares of
company announced.
•»
*_
shares were created in the recapitalization plan last
distributed to holders of the Class ;"A" stock as a
means of liquidating the accrued unpaid dividends on
the "A" shares.
A
fund specifically for the purpose of redeeming the
"B" stock is
provided out of annual
earnings of the company, and presently
approximates $459,000.—V. 167, p. 651.
"
- , .
The
,
I
higher price/the
year,
'
".' The company :in 1947 reduced its funded debt .by $612,536 through
operation of the sinking funds.
At the end of the year long-term
debt Outstanding in the hands of the public was down to $8,101,360.
$ This is less than .. halfv what -it. was': seven-, -years' earlletirrV.; 167,,
the company to invite: sealed
tenders for the sale to
its class "B" stock. Tenders
must be received by the company at its home office at 910 East 138th
St., New York 54, N. Y., at or before noon .April 1.3,> 1948.
The company reserves the
right to accept or reject in whole or
in part any and all tenders, as the board of directors may determine.
Tenders at the lowest prices will be accepted in priority to those of
directors
Vice-Presi¬
has also been elected a
'
p.'848.
'
/ p.
The
Odell Jr., Treasurer,
R.
Glass B -Stockr-
Inc.—Offers to
(R.) Hoe & Co.,
•:
consisting
unit
Co.-—Loan- Authorized—
a
'
'
*;•
p.; 547.
which each under¬
warrant)
one
as
are
'
Craigmyle,
Jenks,
purchase
to
and
stock
coxnmon
agree
units -.(each
68.72
$48,167
International- Rys. of Central Americjp-f-Redu.ces
remaining minority interests in Ampr'>on
N. Y., and nows owns all: the outstanding
The corporation is also operating a large
plant for the Government at 'Morgantown, jAy. Va.-rT-V^ 167,
the
out
corporation.
that
of
'
underwriters and
several
securities
unsubscribed
of
percentage
the
of
names
company,
dent.—V. 1^7,
been elected
UNDERWRITERS—The
$94,907
75.46
$51,562
,
•
common
them
offering.
$50,530
«
-
expenses
subsidiary of the American Gas & Electric Co., has
received permission from the SEC to borrow $6,000,000 in equal amounts
frcm the Guaranty Trust Co. of New York and Irving Trust Co., New
York.
The loans are to be evidenced by notes maturing in two years
and
carrying interest at the rate of l7/8%
and the proceeds vised
The
Corp., Bainbridge,
Plastics
their
respective partners and associates1 at 10 cents per
all 156,482 warrants.
Jenks, Kirkland & Co.
in
operating
in
Indiana & Michigan Electric
.
Co., also of Detroit, a pharmacutical distributing
corporation has purchased approximately 19%'-of'-the voting
of American Potash &
Chemical. Corp.,. Trona, caRi." axiu .i»-
recently "bought
intend
Douglks & McEvoy
and Winslow,
Co.
&
warrants
the
il
.
surplus-l—'
earned
to
Il-L,
ratio
included
—V. 167, p.,651.
Depreciation
listed on the New York Stock
was
the
Heretofore,
stock.
bearer -form.
to
:
income' transferred
Net
Operating
oi^anizoHoh,/
Nyal
WARRANTS—Common stock purchase
STOCK PURCHASE
COMMON
warrants,
Higher—
"
.
the plant and facilities
ducted
.
;
,
f'.- /'I*..7.V-%7".
''"v "
listed 89,725 shares : of . 3Vjj v)' ...for construction,—V. 167, p. 547.
and 1,191,572 'shares ' of . the
stock had" unlisted trading
Industrial Credit Co^ Cleveland,; O.—Files with SEC—
privileges on the New York Curb Exchange.
V.'/-''/--v ';v
The company on Feb.
16 filed a. letter of notification with the ;
Since 1944, the corporation's consolidated sales -have! .ihcreased from
SEC for 11,180: shares of class A common. stock, to 'be exchanged /for:
$16,400,000 to more than $22,000,000, while consolidated assets have
;
preferred
and
participating
cumulative preference shares on the
more than doubled, from $11,900,000 to $29,000,000.
During this' period,
bas s of lO coinmon for each preferred and five Icommon Ifof. each ,
the corporation has purchased a penicillin plant at Princeton, N. ;j.;
"participating share.—V. 167; p.' 547,
' '• •.
.f '
an
industrial chemicals plant at Memphis, Tefln:; the assets ^t>f C, E.
Jamieson & Co., a Detroit pharmaceutical manufacturing: and
dis¬
;
International Harvester Co.-r-New Vice-President—-" i
tributing firm; and about 99%
of the outstanding common stock: of
as
common
plant
the
charges
1,813
$98,114 I ."$142,079
I'..
1,473 ?('[
1,078"
46,111 . Iv 46,094
16.
There were
stock, series A,
of Feb.
preferred
Exchange
the aforesaid letter of intention and that
and operation of the plant shall be. con¬
of
subject
the
afe
convex'sion
acquire title, to
shall
that Carolina
company
which
to
caused
company
corporation
this
of
stock
cumulative
$533,452
-
Fixed
.27,655
$141,466.
.";,v
613
$96,301;
,
I
132,840
:
31,809
,
V
—-
——,.1.1^——
Miscellaneous deductions
r>.
Corp.—Listed on, Big Boards
Hey den Cheihical
The
.112,924
r
railway operating income—.-.■■■
Total income
%
x
••/•'
•
Outstanding
847,359 shs.,
282,453
Authorized
1,200,000 shs.
282,453
'
Common
PRESENT OFFERING
TO
EFFECT
GIVING
CAPITALIZATION
V :
-
1947
1948
'•
,
.
-Otherincome
-
1948—12 Mos.—1947
$24,523,469 $19,703,383 $73,090,920 $65,433,209
"
♦ .
Sales
—V. 166, p.
Net
-.
1948—3 Mos—1947
31—
Jan.
-
.
Co.—Quarterly Sales 24.5%
Hecht
Period
•;
*\.;
tax accruals---—'--.
Railway
13
Feb.
on
Earnings—%
'Net; reiits
cents.
V*
,W:.-V - v
lor the fiscal year ended Jan. 31,
1948 were
between $2 and $2.25 per share, as compared With $1.35
per share in the previous fiscal year.—;V. 164, p. 2831.
i,
of
Co.
Cement
selling and administrative. ex-i
taxes. J Arising/from Supreme
167', p. <43,
t
■>
v:I;-v*:*:v.>.•:* *<:>•#
<y•V'-i
Wholesale
directors
■"
.i.-Is. -Vl.'vt,''"
167, p..:.746.
105.00,—V.
1955,
of
5s
Month of January—
Co.—17 %■-Cent Distribution— I-;, :
declared a divideiid of 174/2 cents per
share, payable March 10 to stockholders of record March 1, 1948.
In each
quarter during 1947, the company paid a, regular dividend
common
Portland
\.wr y.\/:•
••
.
Harrison
subscribe for 564,906 shares of common
warrants. The offering was
made
in
of common stock and one
warrant
one unit for each share of
common
17.
COMPANY—Company was formed under laws of Delaware, March 4,
1913 to acquire the assets of American Cement Co.
(N. J.), and its
subsidiaries,
American Cement Co.
(Penn.), Reliance Cement Co.,
United Building Material Co., Lesley & Trinkle Co., Vindex Land Co.
Norfolk
k•
v
stock purchase
units consisting of two shares
at $4.10 per unit, at the rate of
stock held.
Rights expired Feb.
and
'«
•
30, the right to
282,453
and
stock
operating,
country and Federal
Court decision ih Tidelands case.—V.
The
STOCKHOLDERS—Company offered
TO
OFFERING
of record Jan.
stock
materials,
raw
refunding
"$2,022.963'' " $830,315 ; Railway
operating revei lles
■
$982,271
$965,459
$7.50-x
$8.26
; $3.56, "Rftiiway"o(perating;expeiises^;ilLAA^rA^—77i:i741,237,7"; 563,498
$1,836,874
State,
Division first
Division 3s of 1951, 103.00;
mortgage 5s of 1951, .109.00;
1951,'104.2$; : Omaha
of
Illinois -Terminal. RR,—January
.
..
share of capital
•Includes
penses,
3'/aS
mortgage
7 Chicago, St. Louis & New Orleans first mortgage 13VaS bf 1951,' 104.75;
Chicago, St. Lou.s & New Orleans Memphis Diyssion 4s of 1951, 105.75;
purchased lines first mortgage 3'/2S of 1952, 104.00; collateral trust 4s;of 1952, 105.75; first mortgage 4s of 1953,.' 100.00;, Louisvillq Division
& Terminal first mortgage 3'/2S of 1953, 102.50; refunding 4s of 1955,
'
$1,109,374. $1,395,433.,/■; $300,315
727,500,.. .,62.7,500 •
23.0,000.
income
Earn, per
unit.
warrant at $4.10 per
one
Net
-
-
received
Dividends
564,906 shares of common
or
operations
Net income from
«i'
stock and 282,453 common stock purchase warrants which were of¬
fered to stockholders in units of two common shares
issue
new
5,449,732 V4,165,497
527,346
210,470
264,367, v; 237,860
•' ]',
727,500
contingencies.
for
,
first
mortgage 3s of 1951, 102.75; Litchfield
> Chicago, St. Lou's-& New Orleans first
> 1 1945
$7,636,907.$5,214,142',
194$
•
.
102.00;
Co.—Stock Offered—Craig¬
myle, Pinney & Co.; Winslow, Douglas & McEvoy, arid
Jenks, Kirkland & Co. publicly offered Feb. 25 327,234
shares of common stock ($1 par) at $2,125 per share.
The stock represents the unsubscribed portion of a
Cement
Portland
Giant
End. Dec. 31—
6 Mos.
.
Division
California—Earnings—i// .-I:.;;•
Oil Co. of
Hancock
Corp.—Earnings—
Gerity-Michigran
Monday, March 11948
FINANCIAL CHRONICLE
&
THE COMMERCIAL
(942)
v,-
existing mort-
an
-I • "
• •
'
i
'
t
!
-V-
Volume 167
gage of
the
$193,750.
proceeds
preferred
each
The
of
said
stock
it
of
be
planned
and
lor
-1,'
one-half
class,
a
of
the
of
of
holders
the
obtained before
must be
common
authorized
preferred
and
270,000
856.
p.
41/4%
10-year loan.
expansion.
the
900,000
recent
shares
its
York, Cleveland
of
Securities
Dealers
dictions
to
inquiry
and
obtain
Billett
been
Int.,
into
Ban
wish
oper.
re venues.
the
the
facts
joined
matter
Feb.
under
was
involved."
that
each
to
emphasize
out
that
procedure
by
its functions
is
being
which
under
Feb.
on
25
the
the
the
20
-V.
F.
Kaiser,
will
operations.
be
Vice
laid
income—"—12—
charges——
in
be
is
in
association
for
night
and
General
in
Total
switches
have
forced
several
to
be
auto
on
eight-hour
16,900 persons.
14,500
Other
Other
The
•;?
day
new single shift
operations will begin. ' Recently operations were cut from six days
week.
Officials
suppliers.—V.
167,
and
materials
Month
City
of
1
beginning of
revenues.—
on
class
B
stock——
common
end
of
155,000
$876,734
1,480
to finance
Feb.
on
&
pari
Co.,
letter of
a
Long
notification
Beach,
to
Calif.
be
with
trolled
Proceeds
bond
by
and
it
the
guarantee
New
of
and
York
that
expected
modern coal
lor
$10,000,000.
Central
the
RR.
company's
The
and
G.
contemplated
be
used
is
two
proprietary roads.
Company
decking facilities on the Great Lakes.
Mr.
will
In
Gordon Lamont has been elected a director to
term of Thomas W. Lamont who died
Feb.' 2, .1948.
Gordon Lamont is a
Vice-President of this
■'■■■ V
bear
Swiss
►-V.
its'wholly
owned
Co.,
Chocolates
165,
makers
Inc.,
..
Libbey-Owens-Ford
fill
the
-'A'-.1:-:
£ t$5jl23,950
$4,732,444
1,642,143
1,638,727
Bal.
,
.
Glass
-
.
.
unexpired
1947
on
operations
showed
net
sales
were
.3^6,130, which indicated
J
2_
$99,-
the
of
felt
above
6 a id.—-V.
167,
Lincoln
•
the
on
r
p.
849. v
:■■:•. v"
capital
stcck,
:
.
payable
cents
The
per
1
paid
on-
of
&
Arkansas Ry.—Earnings—
record
March
last,
9,
—
Net
Other
i
"
\
from
revenue
Federal
railway operations——
taxes————_—
income
railway
f
,
■
Railway
■
.
operating
facility
A'"
..
Net
—v.
•
'
V'
railway operating
167, p. 543.'
'
1947
'
elected
Feb.
as
12.
which
elected
2,723
was
meeting
he
an
of
President
W.
Robert
had
Huston
position
hitherto
Vi^e
as
Controller,
Mr.
will
been
and
Wolcott,
executive
to
continue
hold.
$474,829
117,000
77,004
———
$368,959
/
A
•:
16,158
$280,825
'''"
in
plant
Controller
Feb.
on
equipment
During
the
69.637
7,238
!..
——
$249,941-
$203,950
6,500,000
3,500,000
$1,288,887
$921,733
$996,757
$659,703
income..
net
shares of the income;
their
on
...
•
"
J
.' •••.*'..
♦.
,
.
CONDITION,
the. company
announced
the
two
making
months
of
the
Lustron
company
will produce
above
soar
for
the
since
general partners' credit balances, $2,909,016; reserve for contingencies,
subordinated notes, $1,900,000; net worth, $12,700,000; total,
porcelain
$869,618;
totaling
$151,587,762.—V. 165, p.'1072.
Miami Copper Co.—Extra Distribution
The directors have
17.500 homes
and
40,000 Lustron Homes,
dividend
a
payable
C,
and
to
rough
buildings
will
now
be
of
the
two
larger
buildings
of
reinforced
be
site.—v.; 166,
p.
dismantling of six small
2312.
'■ -'A'Vv''!''^Wy..
Carr has. been
named
National
M.
Galviii/ Assistant
Plan ^Department
Assistant
V,
Co.-of
Buffalo.
The! corporation
'
operating
A.
reporting to
Mr.
Evatt
sultant
firm
of
—V.
166,
and
1482.
an
President,
that this
announces
warehouse
of
area
16,000
the
of
1256.
p.
has
company
Trunk
Grand
feet
square
tracks—V.
Feb.
on
167,
p.
will
used
be
filed
18
first
$7,000,000
pur¬
Western
p.
of
land
adjoining
the
48.
further
to
registration statement with the
bonds, due 1969.
The names
by competitive bidding. Pro¬
company's construction
program.—
a
mortgage
determined
be
748.
4
Valley RR.—Interest Payments—
directors
adjustment
bonds
■
com¬
out
have
authorized
earnings.
issue
will
be
made
April
and
On
the
interest on the series
2%
interest
on
the series B
series A bonds payment of 2%
1. The 2% payment on the series
The company paid no interest on the
will be made April 1, and 2%
B
payment of 4%
mortgage. bonds
1947
of
Oct.
r
1.
.bonds last year, because of insufficient earnings.—V.
Regulator
Minneapolis-Honeywell
-
(Incl.
domestic
and
Canadian
167,
653.
Co.—Earnings—
1946
sales
$60,596,021 $45,940,081
profit after charges and taxes
6,693,509
5,119,143
Earned per share on 1,243,800 com¬
mon
shares
$5.10
$3.87
/Net.
■.
p.
subsidiaries)
1947
Calendar Years—
"Net
*
organization for the
New
York
19
Midland1
Marine
State.
V
York,
20.
will
has
been
take
elected
his
over
.
<
corporate
from
1938
to
finance
affairs.
it
Treasurer,
duties
:.
1945
$84,392,427
3,436,637
$2.48
of
1945.—V.
1938
to
Talon, Inc. of Meadville,
M.
L.
Hibbard,
registration
1943
Pa/„
167,
Power
p.
&
President
194^ $3,432,000 in 1946 and
155.
Light
Co.—Kidder, Peabody
&
Stock Offering—
announced Feb.
25
tt|at the company, an
.operating utility, has entered into negotiations with Kidder, Peabody
& Qo.-in connection with plans for a public offering of 100,000 addi¬
tional shares of the company's common stock. The issue is now in
;
'
1943
in
$8,347,000
Co. to Underwrite Common
was
immediately,
....
From
After .providing $4,381,100 for taxes in
Minnesota
comes'to-this company from his own successful con¬
in New York, which he developed in 1943 to handle all
tax
p.
service
J He
the'President.
'he Was Treasurer
166,
,
a
of New
Feb.
will
Vice-President
" ,//•
both
Corp.—Buys Warehouse—
Station
underwriters
167,
-A
Martin Co.—New Treasurer—
Evatt,
on
of 50 cents.—V.
extra
since
throughout
(Glenn L.)
Daniel
is
31,
and
railroad
Midland
Manager of this
:•
share
build¬
George J. Enser, Assistant Secretary since 1943, has also been elected
Vice-President. He is also Assistant
Secretary of tl}e Marine
; Trust
for
company
ceeds
con¬
The
Vice-President.
per
stock,
of record March 10.
Payments in 1947
50 cents; Oct. 2, 50 cents, plus 25 cents
present
covering
the
of
in charge of the Midland
1944, has been elected Vice-President.
Douglas A. Freeth, who also joined the organization in
1944, has been
Time
cents
25
common
Michigan Consolidated G^s Co.—Registers with SEC—
SEC
Co.—Sales Manager—
Sales
27,
Fuller
Trunk
The
•-
with .supervision over sales policies and field
personnel/accord¬
to EdgaFB. "Jessup,"President. Mr. Carr
formerly was Sales Pro¬
Manager.—V. 167, p. 747.
Nv John
lease
Grand
V
the
of 25 Cents—
of
the
on
building, located at Grand Rapids, Mich., is
replaced by a steel storage warehouse, he said.
Woodhouse added that the corporation has entered into a ten-
Mr.
shipping center, 143 x 100,
house, 114 x 100.
The two
monitor-type structural steel frame¬
will •necessitate
this
on
and
dividend
share
per
to holders
Bumper
The
extra
an
cents
March
Dec.
the
declared
50
Woodhouse,
A.
Co.
year
two-story
cylinder storage
a
follows:
as
chased
RR.
of
March 30
Michigan
of four large modern industrial
existing motor assembly plant of Inter¬
a
subsidiary of Mack Trucks, Inc. in
264 x 100;
payable to
$4,575,266;
received,
bought but not yet
equities in commodity accounts of $31,032,970), $113,413,451; securities
sold but not yet purchased (at market value), $311,028; dividends and
interest payable, $298,965; miscellaneous current liabilities, $1,506,119;
Co.,
structure,
securities
(including credit balances of $71,135,585, cash accounts,
declared, of $2,618,481,
secured
accounts
of $8,626,415,
apd
were
the
S.
U.
customers
construction
to
Motor
1947
31,
$13,172,808;
hand,
LIABILITIES—Money borrowed from banks, none; deposits of other
for securities loaned, $13,104,300;
payable to other brokers or
2420.
additions
in
on
brokers
additional
orders
DEC.
segregated under
deposit of $16,534,230
of $15,000,000), $31,534,230; cash deposits with exchange clearing associations, $2,267,702;
deposits on -account of securities borrowed, $164,200; receivable from
.other brokers or dealers (including securities sold but not yet delivered,
$5,843,847 and equities in commodity accounts of $234,958), $6,078,805;
receivable from customers
(including cash accounts since cleared of
$6,114,346,
secured
accounts
of
$55,026,030 and
commodity trade
accounts of $186,896), $61,327,272; securities owned by firm—of market
value (including U, S. Government securities of $29,668,062, States se¬
curities of $5,548,429 and other securities of $623,659), $35,840,150;
miscellaneous current assets, $895,998; memberships in exchanges
(at
market value), $624,867; office equipment
(depreciated value), $547,758;
prepaid
expenses,
$69,283;
sundry receivables, $64,688; total,
investments
and
Act (including cash on
Government securities
the Commodity Exchange
dealers:
of
20
for
past
production will
p.
Plainfield
phases
.
5.000,000
$151,587,762.
appointive one but stock¬
the company, amended by
$2,079,617 in Orders—
President,
homes.
operation
banks
i
1
192,000
102,859
debit—
income—
1,550,763
Marine Midland Group, Inc.—Officials Promoted—
866,685
$647,529
61,843
1,100,000
$4,483,576
income
partners
ASSETS—Cash in banks
Trucks, Inc.—Subsidiary Plans Expansion—
announced
income————
rents—net
100,000
976,015
1,576,911
2,613
-
—
•
,
Corp.—Places
construction
ing
$1,248,348
.
Equipment rents—net debit'
Joint
$3,093,717
100,000
976,015
pany
and-
86,570
tax. accruals—.
;
$i;4£T,807
_
Assistant
.
$1,514,214
Fed.
of
of
since
Strandlund,
Leslie T.
he
- -;
1948
revenues—;——
Railway operating expenses—_
\
par )
Marchant Calculating Machine
:
January—
Railway operating
par).
par)—
has been
Jr.,
annual
construction.
elected.
Louisiana
Month
($25
850.
been
on
one-story,
a
ings
cents per share
April 1,
v/
1,045,176
Am.
and
850.
p.
contract
The
•■'/• :U;
of seven
holdera of
to
share
1
and
Larger Dividend—
dividend
a
April
1193.
p,
A
motion
Co.—Declares
Feb. 19 declared
on
This'compares with -five
;on May 1, 1946.—v.. 165,
.
_
($100
(110
p.
President
last
work
operations
conditions,
Petroleum
The directors
y
the record rate of last year.
Factory
adverse effects from.extreme weather
some
has
Next year's
one-story
were
have
stock
Controller
:
the
crete
wages,
moderately
—
pfd.~slock
pfd. stock
cum.
Strandlund said
testing
v.
record.
Total
year.
..
—
structures," of continuous strip-window design, will be erected
on
a
plot fronting about 600 feet on Front Street, a portion of which
has been recently acquired from the Central RR. of New
Jersey.
The new'buildings-will include a
three-story extension of the present'
office and assembly structure, on a
plot 254x 100; a one-story motor
a gain of 45% over the previous
year, setting
Average employment increased over the previous
salaries and employe benefits paid in 1947 to an
average of 10,031 employes set an all-time high record of
$36,378,896,
reports to directors showed.
) John D. Biggers, President, reported sales thus far in 1948
an? all-time
$8,834,063
219,892
'
The
a
\.
Up 45%—
$6,216,649
68,249
educa¬
--V
,
Co.—Sales
$1,827,952
and
°Based
Plainfield, N. J., has been awarded to
the
Wigton-Abbottt Corp.,
engineers and contractors, it was announced on Feb. 24 by C, Benson
;,Wigton,-President of the ..latter organization.
/«
v!.*.■
is
942,349
available
contributions..
taxes
■,"285,402
$ 2,079,617
national
also
606.268
486,H4
575,459
to employ-
partners
■^Estimated
extra,
■1
Preliminary reports
2,236,300
.
steel
Mack
subsidiary, Peter Caillor, Kohler
of Nestle's chocolate
products.
2003.
p.
to
Charity
38,490
2,405,000
—
379,904
said.—V;:. 166,
a
;
company ,and
153,191
employees._
income
tional
_
167,
1948.
he
'»
of
1,621,395
2,113,000
RR.,
operates
■<;' 357,631
$11,605,534
652,848
1,176,274
1,462,720
the office elective.
G.. Bloom has served as
structures,
Vice-President
1,840,899
72,893
income
on
$5,545,199
795,050
1,351,121
profit sharing plan
Net
$5,455,4^3 have been placed and 10%
of the
machinery has been
delivered, he said.
Included
among the
suppliers are the Specialty
Equipment Co.. of New .York City, and, the Metalwash Machinery Co.
of
Irvington, N. J.
con¬
Ohio
bonds
the
ore
ees'
$4,447,042
Bloom
to
of
enamel
Financing
&
$8,969,108
812,713
'
1,579,287
announced.
G.
orders
par.
company
Baltimore
$3,151,487
capital
Contribution
1946
$4,744,046
common
Lustron
Lamont, Corliss & Co., N. Y.—New Director—
■
—_2JL.
_
on
Robert
'
issue
19«
1944
$28,091:993 $18,662,458
16,486,450 13,117.259
20,554,560
after oper¬
expenses—A
to
Bonuses
capital expenditures
taxfes
$5 cum.
assistant
SEC;
at
will
19,226,094
expenses
Net profit
8,545,383
——1
$5
The ;post
holders at
it is reported, will be in the market, possibly .in
April,
money
jointly
is
the
City)—
$23,566,396 $20,464,330
income^—i.L_
en
$536,866
offered
Lakef ront Dock & RR. Terminal
Co.—Plans
new
*1947
'
2,358,000
Charles Lukens Huston,
7,230
accounts payable.
The company,
$1,214,013
(& Subs.)—Earns.
(Ky.)
_—
on
Calif.—Files With
stock,
& Beane (N. Y.
operations $22,377,581 $29,523,668
from
Operating
by-laws, making
common
Director—
1946
1947
Calendar Years—
47,545
ating
investments-
Federal
income
■
1943.—V.
19. filed
($100
Fewel
$1,230,791
—
income
Robert
.
shares
$12,918,470
850.
p.
Regional Vice-President, has
Merrill Lynch, Pierce, Fenner
Income
1:—:U;
contractual
deductions
Carl
The company
$21,070,165, compared with
167,
1946.—V.
in
Wynne, of Memphis, Tenn.,
a director.—V. 167, p. 850,
W.
elected
annuity reserves,
To strengthen
totaled
dividends to policyholders of
before
1946,
$12,129,245
$58,$518,-
Annual Report—
Lukens Steel Co.—Changes in Personnel-
142,051
4,995
La Vida Trout Club, Inc.,
Puente,
in
and
1947
300,948
,
...
.
—_
SEC—
Underwriter,
300,948
.
—_
♦Prejiminary.—V. '167,'
$6t'o,147
144,789
167, p. 434.
900,571
10,566,271
for
President,
$726,950
31,
FINANCIAL
150,000
192,000
income—
the
default at
in
.
Dec.
1,255,795
Miscellaneous dividends
350,000.
operating
interest of 3.79% compared
in 1946. Interest rates tended
was no mortgage
"
.'Gross
Income
1947
tax accrua:s__-__I____________^_
railway
average
an
quarter of last year.
There
during the year and no interest
McKesson & Robbins, Inc.—New
income
en
revenues
Net operating
Other income
$991,147
debit
at
at an average of 3.87%
final
foreclosure
been
which
$1,418,734
rents—net
stock
preferred
$42,246,000,
end.
$2p,443,028
ill
A
Railway operating income
Equipment rents—net debit
$35,760,000
the
special reserve for mortgage loans.
469
$2,463,077
I—
period.
Dividends
..
$18,480,000
bonds,
$97,000,000
bonds
purchased.
$1,000,000
and
retired
or
utilities:
public
$1,285,000 was applied last year.
Net earnings for the year 1947
$1,207,282
1,214,013
.?
Other taxes
overtime
railway operations______—
taxes_____L__„__!_i.--;„^_ex.:
'■''.
from
facility
taxes
1,759,610
Federal income
$1,218,298
stock—
iimited-term
Provision
$2,750,757
revenue
$1,207,282
900,572
a common
Amortization of
will
1,831,792
____
expenses—
•"'■•■V
3,275
period————
cfass
■Maintenance.
and
$3,250,526
.
74,000
$2,432,312
Dividends
1948
"
Other railway
'
year -1944^__
Operating
Operation
Ry.—Earnings—
'
43,466
4,492
on
the
Net
January-
Railway operating
Railway operating
1946
74,000
—
Louisville Gas & Electric Co.
849.
p.
Southern
income
on
1—L—
Dividends
Kansas
loan
$1,328,023
$1,222,790
taxes
12 Months Ended Dec. 31—
8,000
shortages
in
upward
.
blamed
of
Interest on
.
week
s6ld
industrials:
contingency funds were $64,479,262 consisting of
960,793 general surplus, $5,000,000, security fluctuation fund, and
50,824
deductiohsj
balance
Balance,
a
;:;;c
a
stocks;
3,13%
was
were
included
mortgage loans of $144,286,000 were up 13.1% from a year ago.
Jesse
Dividends
re¬
cutback
including
earned
$2,500,000
loans
At
*1947
$1,350,889
!'
-
expenses..———
2
income
'Dividends
the
a
*-i2!
—
Income
Surplus
maximum
a
interest
for
with $32,914,000
EARNINGS
—
administrative
interest
Net
Operations will be suspended for the first four
days of March while
the company adjusts
schedules, Mr. Kaiser announced. On March 5
days
STATEMENT OF
taxes
Gross
one-shift
of
shifts
persons,
!''V
.
four
and
Provision.for Federal
and
two
on
New
2,400
manufacturers
"basis
a
amount
' ., '
1947 gain of $69,319,308.
against 3.11% for 1946.
Rail
$1,153,762,775 showed a
its
in
said
of
investments
preferred
(Ky.)—Weekly Output
3,275
revenues,
Depreciation •
will
$1,574,392
Preliminary.—'V. 167, p. 47.
Manager,
net
bonds
year
General
success¬
at
The
356,532
assets
$6,657,000.
12 Months Ended Dec, 31—
March
annuities are in addition. Show¬
$2,631,000,000 insurance in force is
group
the
$34,315,000 went to living policyholders.
J. JO
356,532
accordance
has
and
increase,
Policyholders and beneficiaries received $57,125,000 of which
568,158
849,
p.
Annuities
$194,500,000
high.
a
all-time
.
'
workers;
affect their
ing
oSl
711,801
$1,536,604
COMPARATIVE
involved
operations
early
company
employing a total of approximately
bring its total employment to about
production
a
ti
1a
business,
group
"
nearly nine years."
shift
discontinued
the
) The new operations, he said,
economy."
\ -The plant has been operating
with
1,903
49,473
60,755
.
167,
for
when
"
mounting costs that
cently to raise prices."
.
190
10,206
output of this company for the wepk ended Feb. 21. 1948,
total 32,737,000
kwh.;; as compared with 32,527,000 kwh. for the cor¬
responding week last year, an increase of 0.6% .•
average output of nearly 1,000 cars a
day will be
"appreciably," a company spokesman said.
i«Mr. Kaiser said the firm "is
pressing an economy drive in the face
for
,Uj2
11
Louisville Gas & Electric Co.
company's
Of
v
M
12,670
Electric
New
lowered
-V.
;
1.
40,772
Payment of additional Federal
President
off
-
A 23% gain was made by this
company last year, with new insurance
amounting to $301,100,000, a new high since 1929, the only previous
with a larger production. The amount named includes $22,160,000
Total
ui
Oxxcr.ng
way
underwriters
done
law
announced
Mich., plant will
"economy drive."
Edgar
Net
$2,451,512
38
6,109
etc.,
Balance
:A/.VV
three
the
of
what
Run,
Workers
Joint
$2,394,921
Co.—Reports
Insurance
year
Income((net)i—r
conducting inquiries in their individual juris¬
further
corporation
Net
$210,150
Life
Mutual
Gain in New Business and Assets—
New
upon
established
an
company
.1
256,958
dividend
a
748.
p.
Massachusetts
Admitted
To Curtail Operations—
to
256,958
income--—. si70,260
9,^,0x3
Divs. applicable to pfd. stock for the
period
Francisco.
are
all
said
called
fully carried
(
21,413
declared
19
In
6 cents;
—V. 167,
1,206,080
,
Net
:
\
$204,961
1,077,000
Feb. 27.
896,355
Fund—7-Cent Div.—
Second
of 7 cents per share
income, payable March 25 to stockholders of record
1947, the following distributions were made: On March 20,
June 20, 7 cents; Sept. 20, 10 cents, and Dec. 24, 18 cents.
Feb.
on
.
Other
to supply to the NASD's district committees all
the pertinent information so that
they may determine whither the
NASD's rules of fair practice have been
violated.
"
1
1
1
"The
association's
action
is
entirely independent of any court
proceedings that have been or may be instituted by
any of the prin¬
cipals involved and is entirely independent of
any
action that has'
been or may be instituted
by the SEC or state securities commissipns," Mr. Billett said.
"NASD's concern is solely with the ethical
conduct of its members and whether
any of them have violated its
rules; ' "•1'
The
21,413
trying to. "get the facts"
are
by unaerwr.bers ox a pubao
stock of the corporation.
common
"district committees
Willow
105,500
Net
•;
Raymond Billett, Chairman of the board of governors of the
NASD,
declared in! a statement released to the
press that the Association's
The
88,000
res.
970,618
directors
investment
re¬
Inc.; from plant leased to
'"others^ (Dr)l^._L—
Investigating Stock Deal
withdrawal
of
said
NASD
with
approp._
Gross
ever-growing group of investigators who
"We
68,534
and
Massachusetts Investors
from
an
Association
7
(943)
The
$1,222,657 $15,465,152 $13,649,684
67L', 144
8,825,949
6,726,944
138,916
1,939,706
2,111,835
to
National
Mr.
87,921
deprec.
■•'
Proceeds will be used for business
Kaiser-Frazer Corp.—NASD
had
135,780
of utility plant
acquisition
adjusts.—
,r-.''■
„
behind
taxes—I—--.—
taxes;.—'-:--——
Amort,
companies will receive ten-year options entitling each
purchase a total of 50,000 shares of common stock at $5.35
per share and 43,000 shares at $6 per share.—V. 167, p. 849.
The
890,058
tirement
shares
insurance
them
expenses—___
Other
AC
'
CHRONICLE
1947—12 Mos.—1946
$1,428,133
Prop,
company has 5,000 shares of 7%
stock outstanding.—V.
166,
The
1947—Month—1946
revenues. __V
Federal
stock,
indebted¬
increased.
Joyce, Inc., Pasadena, Calif.—Private Financing—The
of
Period End. Dec. 31—,
Operating
Operating
company has placed privately with Continental Casualty
Co. and Continental Assurance Co., Chicago, $5u0,000
'
FINANCIAL
Louisiana Power & Light Co.—Earnings—
plant
to
working capital. /
'
borrow the $500,000 from a single
two-thirds of
the holders of
the
common
•
warehouse
new
a
added
to
Approval
and
as
be
can
will
COMMERCIAL .&
'
,,
lender.
voting
ness
THE
the company plans to apply $100,000. Qf
construction
The balance
company
institutional
;v
In addition,
the
to
improvements.
The
Number 4677
The
and it is expected the shares will be offered in March.
selected "Kidder, Peabody & Co. as negotiator on the
company
proposed
stock
offering
after
receiving
preliminary
plans
and
sug-
'i\ T
THE COMMERCIAL
(944)
.ompany's invitation.
The
proposed offering
•
„
the first public distribution of
common stock of the company.
The company is a subsidiary of Ameri¬
can Power
& Light Co wnich owns all of the presently outstanding
wJO.OOO shares of Minnesota common stock.
The entire proceeds from the sale of the shares will be applied to
the
utility
company's
construction program which calls for the
expenditure of around $6,000,000 during 1948.—V. 167, p.' 654.
mark
will
Mr.
Philip
dent;
La.—Files
Orleans,
New
Co.,
Shipping
to the
investment
fluctuation,
and
is
a
director
.
Board of Trustees
of
Merck
Co.
&
New
has
New
Secretary, has also been elected Second Vice Presi¬
formerly Assistant Secretary, has been elected Second
Arnold, Manager of the underwriting depart¬
1941, has been elected Assistant Secretary, and Miss R.'
Month
relations.
Clerk of the Public Relations Department.—V.
since
'Railway
167, p. 850.
tax
Equipment
$59,324,854
Judge
$55,995,504
54,922,675
47,393,988
$4,402479
$8,601,516
4 066,455
Feb.
RR.—Equip. Trusts Offered—Halsey,
Stuart & Co. Inc., was successful bidder Feb. 25 for
$4,333,000 equipment trust certificates, maturing March
1, 1949-1950, naming a price of 99.181 and a rate of 2V4%.
Reoffering was made (subject to ICC approval) at ;C,
prices to yield from 1.45 to 2.55%, according to maturity.
Participating in the offering are R. W. Pressprich & Co.;
iailway operations.---,!
5,021,523
accruals
and
joint
facility
rents
2,694,064
Milwaukee
Other
99.03;
bids
Co.
received
Harris, Hall &
'
'
for
2Vis
company
North
Total
Light
$2,161,290
1,455,847
Net
The directors
A
the
Feb.
On
Brothers
167,
dividend
a
For
the
period
The
from
New York
time
16^ p. 1195.
The
U-Dryvit
in
Auto
Rental
Mass.—already
Cambridge,
Inc.,. of
will
Federal
able
now
to
Such
are
to
do
exchange
the
where
the
takes
operator
an
vehicle.
operating
the
by
in
stock,
mon
167,
12%
than
more
cents
payable
w'th
compares
V.
of
are
25
20
March
in
Gross
;
U.
every week.—V. 166, p. 2106
S.
Other
15
paid
previously
share
per
167,
Development
described
of
in
Co.—Increases Ilmenite
the
flotation
to
process
June
increase
the
the
a
view
27, Sept.
company
John
in
the American Institute of Mining and Metallurgical
Engineers by Frank
Milllken, Manager at the mine. At its plants at Sayreville, N. J.,
St. Louis, Mo., the company treats the ilmenits ore to produce
titanium dioxide, widely used in industry as a pigment.
The addition of the floation process to other processes at the plant
and the on-the-ground
development of the process, Mr. Milliken said,
contributed
40%
of
an
over-all
production increase brought about
by improving all the milling processes.
At. Tahawus,
the company operates the largest ilmenite mine in
the world.
A co-product of the mine Is
magnetite, which contains
iron and is used in making steel.—V.
167, p. 255,
City,
and
appointments
all
Assistant
was
to
in
year.—V.
City
ef¬
are
National
Linen
$1,281,053
voted
24
must
to
not
of
declare
deficit
a
of
of 25 cents each
last
be
stated
granted
weather
in
$7,489,902
430,000
Galland Linen
Service
January,
zation
of Merger—
Corp.—Terms
Operating
that
fare
165,
above.—V.
Co.
654.
167, p.
Pressure
Receive $1.50
L.
E.
Annually—
PVIlips,
share
company's
(ntenf'on to
the
In
of
increased
December,
declarations
zation
—V.
to
each
for
1,000 000
held,
"
30
brings
all
Income
said it
is
V:..;
Taxes
dividend
a
!"
tion.
Prior
that,
to
capitalir
outstanding.
be
V Vrj
;
the
For
Of
England
week
15,539,401
above
year
Gas
ended
kwh.
production
Feb.
This
of
Electric
&
Association—Output—
20, this Association
is
increase
an
14,204,230
kwh.
of
for
reports
4,335,171
Total
transit companies
confronted
be
or
the
9.40%
or
corresponding
week.
a
ago.
Gas
output for the Feb. 20 week is reported at 229,736,000 cu. ft.
This is an increase of 30,506,000 cu.
ft.,-'or 15.31% above production
of
199,230,000
p-
851'
.
New
ft.
cu.
the
for
corresponding
week
year
a
ago.—V.
167,
Y,Y&/Y,h
v";
-
England
Mutual
Life
Insurance
Co.
—
the
"For
previous
fourth
consecutive
records
company
George WiUard Smith,
"The $301
mil1ions
in
a
is
1947
net
gain
doub'e
of $220
of
$2,439,000,000
at
the
end
period and
"An
ities
will
of
horizon
on
in
on
In
an
the
have
$921
latter
became
1947
on
part
higher
of
than
has
broken
life
real
of
than
tripled
all
company
1929.
double
during
in
force
figure
the
same
.44%
to
appeared
on
the
the
—V.
resulted
capitali¬
Boston
the
and
remainder
deficit
Feb.
on
13
the
of
taxes
deficit
had
System
was
a
\
company
to
net
Y
equipment.—V.
167,
'-\Y"Y
Dividend
-
.
Placed
■
Basis—Interest Payment—
'
-t.
dividend
is
payment
$1
of
directors
bonds,
Net
income
net
loss
for
and
unusual
are
rate
was
the
the
preceding
the
in
report,
However,
of
covered
in
full
amounted
year
in
charges.
dividend
instituted
last
present
made
interest
cents
50
out
on
Oct.
$1,376,016,
to
the
the
5%
over
previous year.
This
earnings of more than
1947." ;
$46 millions were made
of dividends, payments totaling
policyholders and beneficiaries during 1947.
earnings from ordinary resources totaled approximately $18 mil¬
lions for the year.
From this amount, $13 millions was set aside
for distribution of dividends in
1948, compared with $12 millions a
compared
with
A number of non-recur¬
form of unusual credits
operations.—V.
167, p.
the
has
In spite of voluntary
strengthening of insurance reserves and un¬
avoidable increases
in
operating expenses, it was possible to add
$7,123,000 to surplus funds after non-recurring adjustments.
Total
L.
Martin
to
the
planes
of
minute late to
more
Aircraft
operate
Co.
DC-4s
nonstop
on
limited-
and
new
is
part
of
a
broaid public service
its intention to
his
destination.
/ >
plane
Is
30
or
^
have the entire new neet, as well as the 10
2-0-2s presently operated, in service on all its routes in this country
Northwest
early
Mr.
expects
to
this summer.
*'
Hunter said production is already more than 50%
fleet,
re-order
with
completed by the
be
Oak Mfg.
one-a-week deliveries to begin
end of June.—V. 167, p. 749.
Co.—Earnings—
EARNINGS
completed on
in March'and
}
.
FOR SIX MONTHS
after Federal taxes—1—
share on 450,235 common
ENDED NOV.
,
,•...
.
30, 1947
jn.
,
v
.$537,349
shares—y$1.19
its 5% convertible debentures on-Augb 3,
1247, at 103V2, and $244,000 on Dec.
1, 1947, at 102% for sinking
fund,
the company called an additional $200,000 for payment'
103% on Jan. 15, 1948.
Tnis latest can reduced outstanding debentures
to $232,000.—V. 167, p. 49.
< .
>
'
• '
\1
V.
retiring
After
$200,000 of
.
Public
Ohio
Inc.
in
our
Co.—Bonds
Service
of
Feb.
issue
and associates offered on
terest $10,000,000
•
The
was
men¬
first mortgage bonds, 3V8% series due
follow:
issue
Offered—As
23, Halsey, Stuart & Co.
Feb. 20 at 100.75 and in¬
1978, dated Jan. 1, 1948; due Jan. 1,
tails
654.
American
Co.—Distribution
Authorized—
The company has been authorized by the Securities and Exchange
Commission to distribute to its stockholders 239,270 shares of common
stock
the
of
The
Net
ago.
of
continue
tioned
Potomac
Electric Co.
1978.
Further de¬
'
-
awarded Feb.
18
on
a
bid of
100.2599.
'
'
'
.
ail of which named a 3 % % coupon were: W. C. Langley
*Glore, Forgan & Co., 100.1393; Harriman Ripley & Co.,
Inc.,
100.135;
Salomon Bros. & Hutzler,
100.109; Lehman Bros.,
100.0891; The First Boston Corp., 100.07, and Blyth & Co., Inc., 100.065.*
Interest payable semi-annually on Jan. 1 and July 1, and will be
will
be
made
three
of
American
per
on
shares
common
Fractions
for
part of the North American divestment program,
April 1 to holders of record on March 2 at the rate
of Potomac common
for each
100 shares of North
distribution,
Potomac
will
be
a
stock
paid
Electric
held.
in
Power
cash
Co.
&
Co.
and
as to both principal
United States of America
payable
to
year
twin-engine Mar¬
Other bids,
North
the
bought during
Manager
Glenn
income
1.
without these abnormal items,
quarterly which the
company
railroad
of
on
year.
in
the 36-passenger
with cruising speed
made jointly by Croil Hunter, President
Northwest Airlines, and Glenn L. Martin,
June.
April 1 and 214%
on
$55,183
of
items
was
authorized
also
payable 2%%
ring
share
per
Mr. Smith pointed
average return on secur¬
increased
General
Net earnings
a
on
of 50 cents per share has been declared on
stock, payable March 15 to holders of record March 1.
the first disbursement on the common stock since 1945 when
quarterly
Planes—•
obligation
654.
p.
Stock
More
was
the
to
common
This
a
Ry.—Common
re-order of
hour,
per
will
not
Southern
Buy
fly
of
the
assume
to
first
program
by NWA, which just, recently announced
refund
5%
of a passenger's ticket price when his
•
year,"
the
miles
Acquisition
■_
freight and
operating deficit of
::
Inc.—To
Airlines,
stop flights.
Colony
estimated
Haven
•
-
-
Northwest
and bond
YYY YY': 'V'Y'-;:
the
New
the
2,727,270
2,341,578
:
corporation,
245
and
of Reorganiza¬
against Boston and
Old
—:
Announcement of the
356,900
Company
'Y.Y
$36,506.-
authorized
respect
in
1,286,830
$8,437,257
interest-—
167, p. 851.
This
of
'623,961
net" railway
-the
1,046,205
$8,155,690
2,727,270
2,341,578
and minority
dividends
income
tin, first completely new postwar commercial plane
17,521
Providence RR., but
&
charges
Providence
of
of
$9,724,087
routes.
1947
'432,078
a
3,623,359
$9,201,895
the new Martin 2-0-2 transport, on
Feb. 18 announced it has signed g $4,500,000 contract for the purchase
of 15 more of the high speed planes for service on all of its domestic
•v
ACCOUNT
Terminal
in
$13,347,447
3,631,643
—
.■
Northwest
$623,961
old
'1,281,053
that
$12,833,539
deductions
income
preferred
preferred
6 "0
the
for
of
'1,147,506
Y..Y'i; Y
-—
abnormal
$1,800,000
deficit
on
basis)
estimated
procurement, of, certain
A
With
the
the
Norfolk
one
the
of
and
severe
a
charges
Boston
is
$12,546,127 $13,122,385
287,412
225,062
1
:
Dividends;
7%
deficit of
the plan of
a
$13,467,349 $12,686,288
for
it
621,300
income
income
Earnings per
"
new
the
ICC
The
in
year
significance
and
the
insurance,"
total insurance
more
securities
Exclusive
boom
to
Haven
with
charges
unpaid
5,300,000
6,275,118
6,738,900
833,200
6,319,700
—
(net)
income
Subsidiary
exceeding $6,480,000 2%% equipmenttrust certificates of 1948, No. 1, to be issued by the Girard Trust Co ,
as
trustee, and sold at 98.58466 and dividends in connection with
11.
purchased
the
the year,
more
of
basis,
Feb.
new
for
and
operating
$2 Annual
millions.
improved
annual
the $151,375,000
in
likewise
is
d°veloument
rates
purchased
amount,
$670,000
during
31
to
stated
.issued
of
properties
liability
the
company
issuance
insurance
new
Assets
amount
now
"Interest
Dec.
this
year,
the
President,
of
amount
millions
on
1929.
encouraging
financial
out.
the
in
The
and
Breaks
Records—New Director Elected, Etc.—
1948,
under
!
and
2,998,598
5,865,000
6,883,586
———
income)—
taxes-
Balance
■
income
1946
1947
$61,733,803 $55,912,891
25.673,829
20,644,689
taxes
operating
Gross
spokesman said
Equipment Trust Certificates Authorized—
electric output
kwh.,
due
New
INCOME
OF
*
3,824,260
income
Other
28,
RR.—Earnings—
charges
fixed
:-:;Vr YYV;-
$576,000;
$535,000,
railway
-New
the
included
''' '
accrued
January, 1948,
passenger operations
'■
•"
(Del.)—Weekly Output-
first
March
charges of that company under the Plan
interest.
"...
1937.
January,
compares
(reorganized
:' For
V
of
entirely
cost
This
fixed
includes
:
—
income
President
Also
1946
814.
flncludes operations of the Boston
fixed
156.
than
(other
Net
this
at
the
for
on
1948
for
charges
Providence
.v-
will
after
excludes
the
company's
the
available
in
severe
Increased—
Works—Dividend
States Power Co.
Depreciation
increases,
revenue
operating
'Deficit,
one
totaled $2.
which
of
of
of $1.50 per annum
stock.
old
stock
shares,
common
the
Sept.
on
ended
year
additional
'
167, p. 654.
paid
was
fiscal
the
of
share
YY:"Y'
cents
to
operating
railway
tNet
distribution
dividends at the rate
pay
Stock
<,
the
on
stock.
75
for the
Distribut'on
stork
common
'
•
commenting
President,
additional
on
Co.—Increased
Cooker
month
was
which
basis.
Total
-
2107.
Maintenance
private
p.
contingent
deficit
alone.
which
1947
p.
revenues—
773,979
made
Month of January—
Net
National
and
January
166,
Operation
450,993
company
since
Hartford
&
the
STATEMENT
Service
'
See
fixed
conditions,,
of
Haven
fbr
The
reorganization.
month
»
,
unusually
were
CONSOLIDATED STATEMENT OF EARNINGS
951,587
$249,000
were
A
year.
dividend
a
problems.—V.
reports
after
losses
'
167, p.
648,893
New
York
company
->;v
.
Years Ended Dec. 31—
1947
Net
New
-
marine
Electric output of this company for the week ended Feb. 21, 1948,
totaled
60,853,000 kwh.,
as compared
with 55,741,000 kwh. for the
corresponding week last year, an increase of 9.2%,
and
The
"
and
Engineering
Northern
799,872
—
President,
financial
serious
dividend
continue
share.
An extra of eight cents paid on Oct. 25, last year, brought
payments in 1947 to 40 cents per share.
is reported that sales for the quarter ended Jan. 31, 1948, were
excess of $700,000, compared with $1,846,700 for the full 1947 fiscal
490,791
__
income
Payments
McCarthy,
1946.
1,
to
It
Passenger
Manager,
$8,304,450
25 and Dec. 19,
had not missed
York
New
with
R.
E.
plans
total
748.
estimate
an
and on Feb.
board
quarterly dividend of 10 cents per share has been declared on the
capital stock, payable April 24 to holders of record April 12.
Pre¬
the company paid regular quarterly dividends of eight cents
per
1948
Feb.
on
the
viously,
accruals
of
said,
1947.—V.
in
Up—
Federal
of 1948.
fire
that
$374,875
City Omnibus Corp.—Omits Dividend—
directors
in
quarter
15, last vear,
and the company's underwriting loss rose from $299,513 in
State
Output-^.
Ore
Conn.—Omits
Hartford,
Co.,
A
748.
New York
851.
p.
weather
This
the output of il¬
company's mine and mill at Tahawus, 17. Y., was
paper presented on Feb. 16 at the annual meeting of
at
ore
to
1958.
—.
p.
public
* >
railway operating
quarter.—
each
to
333,000
tax
Feb.
on
taking action.
added
He
1947,
Sales
taxes
railway
Insurance
Langler
Mr.
before
year
February
in
betterment
i
income
$6
the
President, in th? company's annual report for the
informed the stockholders that the directors intend
action at this time.- A distribution of 25 cents per
made
was
Chicago & St. Louis RR.—Earnings—
of January—
income
—V.
Black
income
The
menite
affected
has
dividend
However,
;;
York
167, p.
Net
com¬
New
Mr.
1.
New York
Month
as
share has been declared on the
to holders of record March 5.
per
March
cents
Lead
recent
167,
of the
the
are
considerably improved.
now
annual .instalments
10
Transportation.—V.
time,
National
unfavorably
a
of
payments, if possible.
Because oi existing conditions they thought it
best to examine operations for the first six months of the current
Equipment Issue—
on
headquarters
43.
p.
also
there has been
expenses
mature in
fective
City Lines, Inc.—Halves Dividend—
dividend
have
all
concerned
arrearage.—V.
Langler,
1947,
omit
snare
State, necessarily increased operating costs and at the same
up
the movement of freight and passenger traffic.
Net
A
and
sub-zero
company
have
and
message
Limited Common Carrier—
major cities of the country.
F.C.C.
^Others go into operation almost
National
to
George H. Baker has been appointed Manager, Passenger Transpor¬
tation, of the New York Central System, succeeding L. C. Anderson,
appointed Assistant to Vice-President, it was announced on Feb. 27.
At the same time, Charles E. Black was
appointed General Super¬
intendent, Passenger Transportation, succeeding Mr. Baker. All will
:
:
services—classed
now
talk
not
=
their vehicles over Motorola mobile
directly to vehicles but phone the
in
messages
Callers
service
it
relays
,
receive
telephones.
mobile
New
J.
year
ac¬
,,
New Appointments—
to
the
a
persistent
'
conditions
60%
approximately
interests
The
Northern
Massachusetts, Rhode Island, Connecticut,
Hampshire.
v
>
The largest mobile
telephone service application to date, it will
operate similarly to the current Boston installation whereby doctors,
salesmen, towing services, trucking operations and other services are
and
was
service
express
in
crews
of February,
effect
is asking for bids,.to be opened March 10, on $12,600,000 equipment trust certificates.
Dated March 15, 1948, the certificates
major cities in Maine,
York
New
and
part
The
and
winter, with heavy snows and with tempera¬
degrees below zero In the Mohawk Val.ey of
30
operations
Bids
operate a mobile telephone answering
Communications Commission for
total of 1,835 Motorola mobile radiotelephones
to
permission to operate
in 21
Co.,
MaVs.,
Boston,
applied
first
winter.
mail
severe
to
these
our
The
Motorola, Inc.—Moble Telephone Installations—
service—has
drain on locomotives
20
the
biting
passenger,
"
earnings and
and
privately with a group of 10 banks
$10,000,000 of 2V4 % notes, maturing Jan. 2, 1951.
The proceeds will
be used to pay for manufacturing facilities.—V. 167, p. 850.
through
the
by
.
Dividend—
placed
company
West
owns
7% .preferred,
the
dividend
slowed
While
Monsanto Chemical Co.—Borrows from Banks—
authorized
extensive
unusually
tures
March
the
Christmas
pounded
our
temperatures.
The- usual 'quarterly dividend of 62 % cents per share on the 5%
preferred stock was also declared, payable April 1 to holders of record
January
from
was
by
by the unusual
stock, payable March 25 to holders of record March 15.
similar distribution was made on June 20, 1946, none since.
In
the above report, G. Metzman, Presi¬
on
the SEC.
.
holding company and a subsidiary of
remaining subsid.ary is Wisconsin Power &
owns 98.4%
of Wisconsin's outstanding comr
The
■■■
W.
company
centuated
share
cents per
15
of
West
of
tain
$116,239
v
-
dent, said:
850.
p.
-$26,317
$130,442
•
Plan Approved
S. District Court at Wilmington,• Del.,
opinion approving the dissolution plan of
an
7% prior lien stocks,
preferred and all of the
holders of the 6%
prior lien stock, the 7%
preferred stock and Middle West.
Under the plan filed with the Commission, 1014 shares of common
stock
of
Wisconsin
were
to
be
exchanged for each share of prior
lien
stock
and
10
shares
for
each
7%
preferred.
The-,,plan, as
amended
at the suggestion of
the Commission, increases the prior
lien stock from 10'/2 to ll'/2 shares of Wisconsin common plus a cer¬
179,539
taxes—
.
.
registered
a
Northeastern
Hutzler,
&
common
20,—V.
income
1
application of
is
Corp.
North
Co.
35%
3,411,281
$4,213,062
Federal
' -11
stock.
M.ddle
$3,617,137
171,559
3,427,465
tDeficit.
Co.—Resumes Common Div.
declared
25
t$614,038
deductions
charges
deficit
'Includes
the
on
fixed
Commenting
99.088.—V.
Monroe Auto Equipment
income
Miscellaneous
Michigan Corp.,
Salomon
income.—
income
Total
,
the U.
of
down
on
West
West
common.
:
were
(Inc.),
Co.
'
Other
operating
Leahy
handed
Middle
1,418,698
t$2,358.350
1,744,312
railway
Freeman & Co.;
Hornblower & Weeks; Otis & Co., Inc.;
William E. Pollock & Co., Inc.; First of
and
Net
•
•
.
West Utilities Co.—Dissolution
Paul
18
mon
Missouri Pacific
t
1947
.,
expenses
from
f
•
,
revenues
operating
revenue
.
1948 has been fixed as the effective
which deals with the liquidation and
plan
North
the
Net
S.
.1
•
A(LL LEASED LINES)
"
1948
31—
Jan.
operating
Railway
advertising agent
by M. R. Cring,
Mr. Tate had been Chief
President—public
Ended
Railway
orders of the Securities and Ex¬
District Court for the District pf
and
'
•
RR.—Earnings—
(INCLUDING
Agent—
RR.—Advertising
Central
' *
March 3,
the
of
Doane
York
I
the U.
t
date of that part
retirement of the
outstanding shares of preferred stock of this company held by stock¬
holders other than The North American Co.;
V'
(2) On and after March 3, 1948 cash in the amount of $194.05 per
share, viz: $100 per share, together with an amount equal to all ,
unpaid dividends accrued" to such date, will be payable at the Bankers
Trust Co., agent of the
company, 16 Wall Street, New York, N. Y..
to
holders of preferred
stock other than The North American Co.
See also V. 167, p. 851.
•
Y'Y:: "• /Y.r
:.•■ \V.
'*■•/ .'\V •
■ "' y- .•/ /
\t U
(1)
York.
Burr, who has been Secretary to George Willard Smith
been elected Assistant Secretary.—V. 166, p. 668.
C6minission and
change
Dg1&W3/1G
of Associated
in
Plan
Amended
to
♦
Light & Power Co.—Retires Stock—
North American
Pursuant
Raye,
since
Winifred
Harry F. Tate, Jr., of St. Louis, has been named
"ror this railroad,
according to an announcement
\ssistant
for
reserve
notification was filed with
of
Missouri-Kansas-Texas
.
o.
Inc.,
President;
1930,
letter
a
millions
John Hill,
Vice
the SEC for 4,500
shares of common stock, owned by Theodore Brent, President of the
company.
The stock will be sold from time to time during the next
year for not more than $100,000 without underwriting.—V. 164, p. 1087.
18
$15
a
Monday, March 1, 1948
CHRONICLE
$61,335,000,.
Reynolds is also President of the
Universities,
with SEC—
Feb.
to
FINANCIAL
Edward Reynolds, Administrative Vice President of Harvard' Univer¬
sity since March, 1946, has been elected a director.'
_
ment
Mississippi
including
amounts
now
&
-
...
x
surplus,
submitted on the
investment firms. These were
jvestions from several
On
"it'
-Yh]
•
*
at
the rate
stock,
which
of
12%
cents per share
is equivalent to
share of The North American Co. stock held.
$.37875
See V. 167, p. 851.
the
and interest in any coin or currehcy of
which at the time of payment shall be
tender for the payment of public and private debts. The prin¬
cipal is to be payable at the office or agency of the company in
New York.
Interest is to be payable at the office or agency of the
legal
company
of
coupon
in the Borough of Manhattan, New York, or, in the case
bonds, at the option of bondholders, at the office or agency
in Cleveland. Guaranty Trust Co. of New York, Trustee-'
of the company
Volume 167
THE COMMERCIAL
Number 4677
outstanding
added
the
the
to
the
proceeds, approximately
general cash funds and
net
company's
Mortgage
t
CONSTRUCTION
funds
$2,606,000; electric
total, $14,481,000.
Of
the
will
be
the
of
which
of
Ohio;
of
by
the
provided
out
of
replacement
accruals
reserve
earnings
and
and
eral
funds,
the
sale
of
-Plans
■
100,060
third
.at
bonds.
have
kw.
132,000 volt
tion
of
such
-placed
If
liable
suppliers.
has
been
for
to
incurred
by
in
It
is
estimated
April
1,
incurred
for
is included
1948,
time
it
program
of
and
~
••
;
This
Bank
Oct. 31, '47
four
'
Pitt.—V.
i
tional
ARCODEL SYSTEM)
$2,581,169
1,814,266
113,913
$356,152
with
used
the
installation
1948-50
will
notes
$560,040
$652,®89
$765,916
the
of
additional
an
stock,
preferred
furnished
be
EFFECT
'■
that
the
of
(par
«
10,000,000
6,000,000
of
Company
five
instalments
3(4%
HISTORY
and
all
on
2%%
terest
five
instalments;
156,300 shs.
maximum
that
their
The
electric
territory
business
the
sells
company
with
the
is
served
appliance
the
interest
appliances
located
in
north
and
central
retailers
underwriting
writer
are
,
municipally
At
owned
Sept.
whom
of
months
distribution
30,
chase
ended
the
Sept,
1947
industrial
electric
Station
of
well
as
to
as
with
the
Edison
Co.
The
served
and
157,551
rural
electric
Co.
132,000
29.9%
the
the
The
12
approximately
the
remainder
Toledo
volt
line
Edison
the
of
names
bidding.
electric
connecting
the
R.
the
estimated
that
Sept.
E.
Facilities
purchase
are
requirements
facilities.
Burger Station
will
company
of
names
the
William
&
Blair
will
be
in
of
the
and
275,000
Wm.
300,000
lOO.OOO
The
275.000
275,000
I
—V.
167,
Gross
.
♦
elected
—
Co
&
Dated
Feb.
1,
1«48;
due
Columbus, Ohio, trustee.
as
the
of
plus
payable
whole
a
sinking
income
without
the
premium.
operation
Aug.
and
1,
after
1949;
and
the
the
thereafter
and
HISTORY
without
AND-
May
1,
mon
stork
Ohio
corporations
1937.
Lake
Shore
of
if
is
than
through
and
redeemed
Aug.
1,
on
Bank
are
also
fund
on
or
starting
struction
Aug. 1,
thereafter
101;
with
104
or
there-
before
and
on
Aug.
1,
or
Co.
of
all
of
incorporated
the
in
Ohio
Granville
Motor
Stages,
RaDid
Transit.
Inc.
Newark
Transit,
Transit,
Inc.
Fairlick
stork
(no
last
the
>
19
v,;.
■
.
''jiv-'-
'
"•
Feb.
on
the
authorized
11
Certificates—r
to
company
obligation
assume
liability as guarantor, in respect of not exceeding $10,890,000
equipment-trust certificates, series S, to be issued by the Fi¬
delity-Philadelphia Trust Co., as trustee, and
sold at 99.329 and
accrued
dividends,
equipment.-
the
with
connection
in
■'
■
procurement
i-'—v
of
certain
z
■
Foreign Holdings Increase—
Additional
purchases
Swiss
by
investors
last
year
sent
the
foreign
compared with 325,555 at the end of 1946, the lowest point on record.
There were 1,092 foreign holders at the close of 1947, a decrease of
103.
Forty-ope foreign countries
stockholders.—V.
____
or
outstanding
stdck
$2.72
share,
per
the
at
end
are
represented
749.
p.
among
the railroad's
V\.'
"
Pennsylvania Salt Manufacturing Co.—Earnings—
of
Net
—V.
American
recently
of
Trust Co.,
created by
has
the
stock
1945
$2,077,426
">
$1,288,330
$3.27
$2.77
$1.72
1946
1945
shares
167,
749.
p.
12 Months Ended Dec.
1944
8,283,743
18,862,296
7,999,684
Earned
$8,751,924
231,953
331,935
331,532
193,282
$8,558,257
$9,083,456
1,398,611
13,200
1,413,689
1,453,883
16,533
1,697,234
27,112
14,872
.
59,631
J
1945
$1,174,684
682,809
689,450
$1,623,298
$1,022,774
$485.23*
$3.78
$2.38
$1.13
61,312
electric
ended
4,694,000
V.
167,
*/.'
'/■
•-
Philco
The
for
the
increase
corresponding week of
1947.—
V
•..
»
-
*
*
•
JV '
Corp.—Common Dividend Increased—
directors
share
Feb.
on
$7,191,008
$7,668,423
1,337,257
1,337,256
121
99
132
made
dividend
1,337,255
The
the
on
March
record
""*>
the
over
^
•*
'.
per
106
3.3%,
or
19
declared
quarterly
a
dividend
of
50
cents
——_
;
$10,147,615 $10,117,211
-
kwh.,
852.
p.
1948
21,
Output—
this company and its subsidiaries
amounted to 146,213,000 kwh., an
of
output
Feb.
Co.—Weekly
Electric
Philadelphia
The
week
55,382
——
1,337,257
750.
p.
.
1'
Orl5,263
* "
1946
$1,705,583
share
per
—V. 167,
7,544,149
$8,226,321
&
int
1947
$2,509,791
886,493
taxes
income
17,832,242
7,852,317
sub.
(& Subs.)—Earnings—
31—
Net income
$11,248,744 $11,237,438
divs.
min.
.
(& Subs.)—Earnings—
'414,673
of
taxes
Net income before Federal taxes
14,350,590
debt—
divs.
1946
$2,556,459
1947
and
charges
after
Pfeiffer Brewing Co.
been
death
852.
con-
prem.
profit
Earnings per share on 750,000 common
^ vr-P
13,342,326
-
to
before
inc.
stock
167,
of
to
payable
four
March
quarterly
12
to
holders
payments
of
of
37%
1947, the company on Dec. 12 paid an extra cash
cents per share and on Dec. 17 a 5%>
stock, dividend.
quarterly dividend of 93 % cents per share on the
50
stock,
of
holders
addition
In
during
regular
preferred
stock,
common
1.
3%%
series
March
record
A,
was
15.—V.
also
166,
p.
declared,
payable
April
1
2422.
Corp.
$8,810,252
——
on
pfd.
on
com.
stock
1,000,000*
stock—
$8,779,834
1,000,000
4,825,893
$5,853,654' $6,331,037
1,000,000
1,000,000
4,825,893
4,825,893
4,825,893
Pioneer Service & Engineering
Electric
tion
Remainder
to
per
to
p.
$2,984,359
$2,953,941
shr. applic.
common
167,
surplus
's
stock
$27,761
$505,144
/
$4.86
$4.84
$3.02
%
revenues
Operating
revenue
income
:
7.
,—
—
deductions
-
1"47
1°46
$"15,645,291 $14,301,472
12,084,009
10,583,788
____J
$3,717,684
$3,736,724
1,724,544
.—_!
____:
and
other
deductions
Net
Inc.
-V.
21,
Co.—Weekly Output-
companies served by
1948,
totaled
this
242,475,000
—.
—
——-
1948
31—
corpora¬
kwh.,
as
railway
1947
,
$3 381.475
2,933,236
$373 290
559.481
Cr711,104
485,025
Cr548,338
$599,862
operations
lax accruals--
$2,968,496
$448,239
revenues
expenses
from
revenue
$1;637,371
$1,838,890
167, p. 49.
and
Equipment
Other
operating
railway
$436,603
2,595,206
rents
income—
—
—
fixed
23.946
21,427
—
income
$623,808
135,714
3.418
$458,030
54,476
$484,676
$400,011
$296,408
$245,156
-—
deductions
Miscellaneous
Total
joint facility
income
Total
income
Feb.
2,099,353
Inc.
Net
operating
19,040
$3,563,434
(net)..
operating
operating
Railway
^Railway
$3,561,282
2.152
revenues—————
income
interest
Net
Ended Jan.
Railway
Net
Gross
are
the
ended
Pittsburgh & Lake Erie RR.—Earnings—
Operating
Other
week
compared with 226,526,000 kwh., for the corresponding week last year,
an
increase of 7.0%.-—V. 167, p. 852.
Month
Co.—Earnings—
12 Months Ended Dec, 31—
operating
output of
the
$3.31
256.
Pacific Power & Light
Net
for
—
charges—-—.
,3.543
Inc.
CAPITAL STOCK—Authorized
common
v
com¬
Stages,'inc.
Lines,
in
Co.—Declares 50-Cent Dividend—
Feb.
on
167, p. 852.
ICC
The
Dec. 31,
1962,
outstanding
Rapid
Transit
ended
year
$25,445,000,
of
1947
iCr).
net
Divs.
•
was
families
1996.
p.
2%%>
to
before
103;
on
1, 1951,
thereafter
American
to
166,
Applic. to Pacific Ltg.
redemption through
Mansfield
Rapid
Net
—V.
Zanesville
City
of
before
or
payments
total
Penney
directors
cents
interest
following named bus companies, all of which
operating entirely within the State of Ohio:
Coach
the
operation
premium.
owner
for
$77,008,804 $68,041,497 $64,759,918 $63,944,017
44,133,991
04,601,152
29,671,618
29,785,702
debt——
funded
exp.
Amount
Aug.
Aug.
1,
1957, 102;
thereafter and on or
the
report
vacancy
Corp.
interest
Amort,
of
days'
1930,
and
v
construction
company's
the
to over $1,675,000,000.—V.
Pennsylvania RR.—Equipment Trust
competitive
$11,442,026 $11,459,390
funded
on
before
1962,
subject to
before
the
accrued
or
on
1,
30
on
Aug. 1,
104; "thereafter and
1951,
Aug.
BUSINESS—Company
Company
the
National
callable
amount
before
or
bonds
on
or
before
1,-1960. 101;
Aug.
100%;
Ohio
Bonds
thereafter,and
103;
on
sinking
thereafter
before
105
before
or
1957,
and
Such
of
principal
with
on
Aug. l,
thereafter
102;
toward
under
to
Federal
Total
Int.
'X;-.X;
;
and
the homes of veterans under the G. I. Bill of Rights.
totaled $13,912,316. Of this amount $ll,200rpayments to policyowners. Pay¬
policyowners and beneficiaries 'In 1947 amounted to $61,303,-
share.—V.
>
of
Divs.
and Aug. 1,
part, otherwise
at
before
or
1960,
1963.
1,
1
starting
1949; .thereafter
on
Feb.
p.
(net)—
Interest charges
Bonds offered to residents
in
or
fund,
premium
a
Feb.
167,
revenue—
oper.
Com.
notice
determined
be
sources
the
fill
to
for retirement
Other
200,000
■■.Xx-...xxx
1929
be
aggregated $184,587,000 during the
gross revenues of $168,281,000 for the year
—
Net
bonds
xx
{
pur¬
will
well
one
Co.—Preliminary Earnings—
common
revenue—
oper.
Prov.
Pfd.
lOO1/^ and interest.
all-
an
declared a dividend of 50 cents per shixne
on
the common stock, payable April l to holders of record March 8.
On Jan. 2, last, a regular dividend of 50 cents and an extra of 50 cents
were
paid.
The common stock in 1947 received a total of $1.50 per
registration, statement with the
stock ($100 par).
a
will
President
Lochead,
Other
Co..
reachpd
.
McKee.—V.
1,000,000
Co.
100th
made
on
bringing
The
Co.—Registers with SEC—
filed
income
all
with
Taxes
275 000
&
the peak years of
for
except
Calendar Years—
director
1,000 000
Rothchild
F.
Thomas
only.
of
from
Pacific Lighting
Gross
i
Interest
that
intended
is
applied
Calendar Years—
total
agreed
.
11%
an
the
holdings of the stock of this railroad to the highest level in seven
At the close of 1947, foreign holdings totaled 452,391 shares,
net
a
shares
K.
a
of John D.
Rapid Transit, Inc., Newark, Ohio—Bonds Of¬
fered—The Ohio Co., Columbus, Ohio, on Feb. 6 offered
$500,000 15-year 4V2% first mortgage and collateral trust
at
It
the
for
income of $25,27®.000, equ?l to $2.45 per share
shares outstanding at the end of the period.
compare
James
XvX
275,000
Co.—
&
of
of $2,540,947,422.
(J. C.)
warrants
commitment
firm
no
New Director—
Ohio
of Ohio
underwriter,
shall
the
share.
per
is
preliminary
a
with
revenues
year, and
—150 000
Ohio
had
force
plus
announcement
war¬
the
;.:JL946*vr;' f.•
respective
Co.——
Tnc.
851.
p.
15
J. Mericka & Co.,
Otis
ra.—
in
net
compares
300,000
Illinois
Co.—
<*'
purchase
of
'XX'XX—X,X
The
to an'
common
6,261,274
on
are
its
in force and assets,
1947, are highlights
during
ear-marked for 1948 dividend
century
December in 1946.
throughout
use
91%
High—
in. insurance
of
company
ments
655.
p.
•••:/
Co., Philadelphia, Pa.—
Insurance
business
new
report
was
V 627,
of cumulative preferred
be
w.ll
167,
reports
This
r
,
underwriters
Fauset, Steele & Co.—
Ira Haupt & Co.——
Hi'i
sold
stock
underwriters
the
Proceeds
6,869,441
second
Hirsch & Co
•
Kraus—
&
by
rate
stock
Electric
20
in
placed
000
County leases at a coSt of approximately $30,-
shares
Life
records
high
the
was
purchased
t*e
*
Co.
$5,575,000
Burge
of
company,
1947,
on
generated
and
Since
generate
-
follows:
&
Inc.
Ball,
the
150,000
offered.
Feb.
on
Operating expenses
The
as
Stuart
at
common
Pacific Gas & Electric
The
Illuminat¬
company
principal amounts of bonds whiph each purchaser has severally
Halsey,
underwriter
Each warrant entitles
22 %c
&
her late husband, Simon I
who died on April 20, 1947.—V. 165
•;
Mutual
membe
succeeds
She
directors.
years.
Burger
-X'XXXVX
1947, the
30,
requirements for that year.
PURCHASERS—
affiliate).
(an
86% of its total energy
through interconnection
E.
is
Co.
XX'1'-/ XXX
■
ended
1948,
it
Gas
of
election
mortgages on real estate, amounted to $159,000,000.
is
65,000
program.—V.
consumers,
with The Cleveland Electric
Ohio.
months
generating unit in the R.
energy
of
for
company
The
12
main
Lorain,
near
During
at
Childress
covering
consumers
For
consumers*
approximately
also installed for interconnection
ing
stock
oil
if
SEC
with
and
terms
with
.
at
Division
accordance
holdervthereof
time subsequent to 13 months following the ef¬
offering and for five years thereafter, one share
any
Oklahoma
and
substation
Marion
is¬
the
«•'
on Feb. 17 announced the
President .of the company and a
as
investments, practically all of which were in business enterprise
Of this amount,
$136,000,000 was invested in securities and $23,000,000 in mortgages
and
real
estate.
Of
the
mortgage
investment,
approximately 14%
3,000,-
been
Patino
R.
New
or
11
high-voltage transmission svstem at its Blue¬
Alliance, and a 132,000 volt line connecting the
the
main
high voltage transmission svstem.
The company's transmission system interconnects with a number of
other electric sysetms, including those of The Ohio Power
Co., Ohio
bell
of
have
Consolidated, Inc.—New
Enterprises
&
This represented an increase of $164,900,of the previous year by more than $2,000,00'
New business in the company's Centennial year totaled $273,626,959,
an
increase of 11% over 1946 and the largest amount in the histor;
of
from commercial
second
a
of
entire
the
this
$20,000
All
struction
consists
shares
o t
shadov
eye
071 and exceeded the gain
1
consumers
utilities
stock
850,000
dye
continued
pencil and
eyebrow
mascara,
founder of the company,
time high
to.
found, there will be an additional cost of approxi¬
equipping and completing same.
In the event oil
found, additional wells will be drilled on these leases.—V. 167, p. 851.
-■
>y,
ry X ■ V1^-;
mately
consumers, approximately 46.3%
and approximately 7.7% from sales to other
municipalities and from other sources.
of
the
generating
stations
are
interconnected
by
the
main
high-voltage transmission system of the company,
most
of
which
consists of 132,000 volt lines.
Company has ^recently completed con¬
from
pursuant
corporation is to sell to the under¬
at lc per warrant' for the
a price of 22 %c per share.
These
the
delivered.
securities
the
on
and
000,
systems.
company
30,
communities
operating revenue was derived from residential and rural
approximately 16.1%
Corp.
'
residential
were
Oil
warrants
at
PROCEEDS—There
the
of
drilled
is
other
distribution
1947
138,024
in
OF
USE
■
for
at
of
date
Ohio
to
as
common
the
stock,
shares
100
sold and
purchase
the
The company supplies electric service at retail in approximately. 57
incorporated communities. Electricity is also said at wholesale to other
companies
phases
all
household
be
would
Net income for the year
purchase
issued
be
time
such
been
fective
the
agreement,
to
capital
10c),
(par
WARRANTS—In
stock
each
for
until
vXXV':
.-.Xv''.
.
in
trademark
Winx
this company, according
by John A. Stevenson, President.
At the close of the year,
insurance in
President.
its common
of
rants
covering an £
area approximately 3,100 square miles and has a
population of approxi¬
mately 502,000,
This area includes large agricultural and industrial
sections.
The more important industries in the territory include steel,
iron
and
steel
products, machinery, rubber and a wide
diversity
others.
150,000
warrants
and
in
authorized
stock
common
of
dealers
Prichard
Anderson
the
PURCHASE
STOCK
company.1ij
,
by
Henson,
purchase
sale
by
engaging
and
toiletries
Tilford's
&
the
Rovensky," Chairman,
board
annual
period of three years, and a transfer to it of his in¬
leases, together with a transfer of certain leases
a
of
Mr.
to
to
its
of
purpose
Mines
C.
increase
1
,
,
1359.
.
Assets Reach New
certain
corporation
shares
Incidental
in
the
for
CAPITALIZATION—The
800
AND
to
'
•
that
which inelude
Albina
Penn
understanding with him, that it will issue to him 850 000 shares of
stock' (10c par)
for investment and not for distr.bution.
sued
instalments.
served
formed
was"
for
in
have
territory
'
Park
of
said
216.
P.
Place,
Exchange
the
duction. purchase, transmission, distribution and sale of electric energy.
cooperates
its
of
common
BUSINESS—Company
was
incorporated
in
Ohio
11, 1921 and all of its operations are carried on wholly within
State. Company is an operating public utility engaged in the pro¬
Oct.
J.
15
to
any
last
on
affairs
its
<£<•:%
series other than the 1978 series
may
be issued. without limitation as to aggregate principal amount,
but subject to the restrictive provisions of the
mortgage,
t Mature
in equal annual
instalments; minimum interest rates—2%% on first
rate
N.
Co.,
an
6,000,000 shs.
and
$210,083
City, Okla.—Stock Of¬
Transfer
&
addi¬
p.
Rights—
3398.
p.
Jbseph
the oil business, and more particularly, to drill a well on certain
properties in Childress Countv, Texas.
X
;■XX XXxX'X1'X""yX XXy
The corporation has agreed with F. Roscoe Henson
(President and
Director)
that for arid in consideration of his agreeing to manage
5,400,000
S5t„_—
$246,850
an
166,
t
of
$32,000,000
1978 $10,000,000
Registrar
Agent,
Jersey City,
Outstanding
1976
165,
New
retained
series due
$396,830
$272,197
of
company.—V.
the
by
notes
1%%
approved issuance
has
President—
V. Klein
Transfer
funds
series due
series
547,216
__u_
President
Patino
$766,215
Co., New York, on Feb. 24 offered
980,000 shares of common stock (par 10c) at 30c per
share. These securities are offered as a speculation.
j v-Vyv
(due
this
399,164
82,082
-
Oil Producers, Inc., Oklahoma
2,638,160 shs.
stock
157,781
fered—R.
3,000,000
•Bonds
8,915
v
of
Co.—Loan—
Pipe Line
Commission
Tilford, Inc.—Buys./'Winx"
products,
—V.
Patino,
FINANCING
Authorized
8,010
'
•
taxes
income
Net-
balance
and
PRESENT
TO
the
company's
items
6,260
13,598
income
Eastern
P.
Bernard
Mr.
of Mrs.
first
$10,000,000
and
from
$654,025
Federal
mil¬
$37
sale
will
1,035
$560,872
Interest
third
that
1947-1956
notes
of
831
$367,877
1
Fort
division.
918
11,725
income
&
Bernard,
later
a
and
$2,500,000
2% %
3 %%
due
at
approximately
be
charges and other non-cash
possibly the sale of common stock.
and
useful
or
revenue—*_
the
'
This corporation has acquired from the Ross Co., of New York, full
manufacturing and
distributing rights
to
the
24-year-old line
of
Winx eye preparations,
according, to an announcement by Henry C
.
income
Total
$350,000 of which
construction expenditures
be
oper.
.
the Pan-Carolinas" and
tank ships,
acquired
$10,000,000
Park
1944
9$,622
'
6,770,161
,
167, p. 256.
Missouri
The
v
6,731,965
$2,568,374
1,695,980
107,097
$2,080,781
1,626*006
X_
expenses
of
Panhandle
Calendar Years
1945
J.
1946
<
com¬
7,087,412
$2,531,802
1,873,518
98,242
operated—• 5,922,061
revenue__V—-
-
.
Transport Co.—Borrows
&
borrowed $2,500,000 from The Chase National
the City of New York, evidenced by 2%
notes/ due Jan. 1,
1954.
The loan is secured by a first mortgage on the com¬
to
1949
Arcodel System, Inc.,
(INCL.
10 Moa. End.
,
...
.
has
company -
pany's recently
*:C*f ;'XX''-;'
'!•'
,•
STATEMENTS
a
•*,
.
paid.—V. 167, p. 852*
Petroleum
American
from Bank—
the
Net
financing will be necessary in 1949.
such additional financing will take the
moneys
mtge. bonds,
mtge. bonds,
of
•
v
been declared out of earned '
share has
per
.
purchase of the Arcodel System, the company's
from Sandusky on Laker Erie to Marietta on
Depreciation.—^
Other
Common
/
(4)
and
y-':r X,//.';:v(X"*X "•
,X.
y
miles
Operating
Operating
expenses
1948-1957).—3,000,000
Cumulative preferred stock (par $100 )
300,000 shs.
3.90% cumulative pfd. stock—
156,300 shs.
•
Pan
extend
INCOME
cents
April 2, 1945 when 15 cents was also
deferred
or
including
depreciation
tlnstalment
'
the
of
now
.
company
decides to proceed presently
third
unit
the
company's construction
%
1st
will
proceed
the
the
CAPITALIZATION .GIVING
XX
and Marietta;
company
result
15
.
,
»;V..
v
additional
issuance
required
Serial
cancelled
be
estimated
which
years
event
bonds
above
to
anticipates
the
earnings
1st
should
orders
of
of
three
the
that
Company
mortgage
through
the
that
event
for
in
and
the
all
installation
lion
the
in
decided
is
In, the
the
form
if
substantially
when
unit.
with
that
1948, the commitment to that date,
the suppliers, will be approximately
by
$317,000
to
.
'
Bus
plan
construction
of
estimate
expenditures
amount
1948
on
of
'»♦
CONSOLIDATED
the
$1,000,000 for this project, reflecting the company's
proceed with engineering and other preliminary work.
of
••',
the Ohio River.---
required time, orders, subject to
than April
1,
1948, have been
unit, boilers, and certain auxiliary equip¬
cancelled
or
deferred;
the company
will. "
engineering,
other
t
a
the
principally
with
to purchase, at a total cost of $480,000,. all
stock of the following named bus companies, .all
corporations operating entirely within the State
'
X*
X. ''
.
'
as
contains
to
As
to the installa¬
management,-in order to
the
Ohio
operations
substation
a
together
used,
without assets or liabilities.
Said
panies are-referred, to collectively as the "Arcodel System."
later
not
expenses,
above
that station
from
made; by
equipment at
deferment
The
line
of inal determination
no
the generating
the orders are
for
ment.
become
Although
of
or
R.
a
been
company,
are
inactive
an
**/ 1'
generating unit of
and constructing a
third
E. Burger station
transmission
•
unit
delivery
cancellation
.{'■
the
capacity in
Ashland, Ohio.
insure
' .'
made-for: installing
been
have
proceeds
service between Zanesville
"
$3,681,000 will be expended from the company's gen¬
which will include the $3,700,000 of net proceeds from
approximately
i
net
of
payable Inarch 20 to stockholders of record March 6. A like
was
paid on April 1, last year, which was the first since
surplus,
outstanding
between
dividend
9
Pay 15-Cent Dividend—/
Packard Motor Car Co.—To
A
in the hands of the public.
X(l) Muskingum Valley Transit Co., which operates intercity service
Zanesville
and
Columbus;', (2)
Capitol Stages, Inc., which
operates inter-city service between Zanesville and. Woodsfield, between,
Newark and Columbus and between Gahanna and Columbus;
(3) The
Zanesville and Marietta Transportation Co., .which operates inter-city
•
V
it
is-r estimated that approximately
$6,300,000
withdrawal of funds deposited with the trustee",
of
the bonds,
approximately $4,500,000 will be
foregoing
paid
the
of
expenditures
\
authentication
upon
facilties,
distribution
,
of
the
estimated as follows:
transmission facilities,
$3,281,000; other, $190,000;
company for the year 1948 are allocated and
electric generating facilities, $8,404,000; electric
(945)
CHRONICLE
are
outstanding
PURPOSE—The
,
,
construction
PROGRAM—The
and
FINANCIAL
owned by
subsidiaries ofr the company; and
preferred stock (par $100), of which 2,745 shares
of 6%
issued
are
retain
will
and
3,500 shares
$3,700,000 will be,
the trustee under
approximately $6,300,000 in trust, pending
withdrawal by the company under the terms of the mortgage on the
basis of net property additions.
,♦
PURPOSE—Of
r.
&
par),
of
vH<-h
1*4.516
shares
are
issued
The
and
outstanding in the hands of the public; 500- shares of class b rmrTrnon
stock
(par $1,000 per share), of which 70.85 shares are issued and
Pacific Telephone & Telegraph Co.—Definitive Deben.
capital stock consists of 160.000 shares
to
Bankers
deliver
Trust
definitive
Co.,
16
40-vear
Wall St..
274%
New York, N. Y., is
tares' dup /">7.:1.
exchange for outstanding temporary debentures.—V. 167, p.
prepared
1986, in
852.:..
Net
income
•Includes
Federal
—V.
p.
1C7,
750.
T._r—
income
'"
"
i
taxes—
V "
$
—7. 166, p.
Co.—Affiliate Buys Plant—
Plymouth Oil
Sale
of
hi.<\
for $2,300,000
aviation gasoline plant
Texas,
City,
Texas
a
the plant,
War Assets
Republic Oil Refining Co.,
war-time operator of
50%
owned affiliate, has been approved by the
the
to
a
$
'
.
184,660,940
^•' '. /A
-VA V;;
"V
1997.
$
$
.
Plant in New England-^ ' V,>.
Delivery of the 100th postwar railroad passenger car ; frbm' the New
England shops of this company at Worcester, Mass;'/ was 'announce'd
on
Feb. 26 by R. V. Chase, District Manager.
A'AA, AAA
"All of the cars delivered to date have gone to railroads operatirig
in New England," Mr. Chase said.
"Twenty-four are now In service
on
the Boston & Maine and Maine Central railroad3; while' an addi¬
tional 76 cars have been delivered to the New York, New. Haven ami
51,820,991 262,529,489
65,906,448
Administration.
having an appraised fair value of $2,543,000, comprises
16.8
acres
of land
and 32 reinforced concrete-brick-steel
buildings
providing 50,000 sq. ft. of floor space.
The land is in
eight separate tracts, six adjoining Republic-owned property and two,
containing tanks, surrounded by Republic-owned property.
Major processing units include a fluid catalytic cracking unit, gas
concentration unit, alkylation unit, thermal reforming unit, and gas
The
property,
shall
sales
of
Cost
ma¬
Other
Coke Co.—Earnings—
&
1947
1946
$8,771,643
8,258,655
$7,403,401
6,225,237
$512,988
1,543
$1,178,164
Loss
660
of
$514,531
401,808
$1,178,824
450,066
$112,723
revenues
Operating
revenues
i
deductions
income
Other
revenues
(net)
2
(net)
deduct.
other
and
Interest
>.
«.
income
Gross
—V.
167,
^
related
Net
Orrin
title
right,
the
and
offices
the frequency shift type,
equipment, all partially
completed and completed products, all owned inventory, all designs,
developments, patents and patent rights, etc., and including leasehold
on present office
and factory premises at Hicksville, L. I., New York.
John E. Joyce is Referee in Bankruptcy; Chauncey H. Levy, Trustee,
an'd Goldman & Frier are Attorneys for Trustee, 7 Dey Street, New
receivers and terminal equipment of
machinery, tools, dies, jigs, testing
mitters,
all
with
York
C.
C.
-V
March
interest due
1,
1948,
York
New
ex-interest 2%
4% 50-year
the Second National
interest."—V..
>
Net
Exchange dhfects that the bonds be quoted
March 1, 1948;; and that beginning with Exchange
March
on
166,
1,
the bonds
1948,
.A,:;
254.
p.
^
387,133
$159,210;
$487,152
3,771
43,194
$56,107
$155,439
109
29
income(Cr)
——
(charges)
If
___U.A
income
from
net
'
•
■;
•
$98,821'
1947—Month—1946
Goer,
revenues
$997,043 $11,886,869
$1,097,027
_______
$10,911,078
2,842,717
3,009,217
1,578,504
2,597,919
power
Other
& purchased
—349,300
operations
289,493
for
deprec
other
Taxes,
than
Fed.
Net
Postwar
1,242,772
1,081,500
115,512
83,500
income—:.-
oper.
$181,915
D/1,762
$193,419
Or 1,373
$2,311,532
■;
Dr82
$180,153
$192,046
60,144
$2,311,450
.
487,899
Earnings
$2,890,535
658,773
___
f
profit
Net
$2,877,808
inc.—net
Non-oper.
1,387,946
632,900
119,478
on
—V.
deductions
Total
41,165
______
Net
ry.
$138,988
stk.
Fref.
div.
$131,902
29,499
341,700
require.
478,037
income—
oper.
167,
461,204
.
.
;
Red Rock Bottling Co.
0
Balance
Earn,
of
com.
_
,
..
;.
FOR
6
deductions-
revenue
DEC.
31,
$76,410,358
62,116,307
___i
$14,294,052
income
Operating
20.9,409
income
Other
1 i
-
,
the board, on Feb..
Dallas, Chairman of
Donald
^ j:'"
plant
for
24 announced that.,
rod
in
the
agreement,
debsntuTfl9-.' 4l2%
$240,000;
k
$61,419
;
488
$28,917 A;,! $60,931
etc. AtLo&s-.
1947
;
"
cost
(aggregate
prices
"t
^
•
.
extension
per
receivable,
r ' " *'t
due March lf,; 1952 under
due March .1,
senior'debentures; 5%
accrued interest-payable- on senior debentures; $8,137;,
(. junior notes, 6%
series A due"March-T, 1952, $960;000; accrued interest
.--'payable on junior notes (payments due beginning March 1, 1938 der-'ferred as. per vote of the trustees), $590,400? common stock
(75,000
no par shares) in part issued
and outstanding and the balance issuable
(
on
conversion of- warrants outstanding; - deficit per books on basis
of
carrying securities at cost, $952,469; unrealized depreciation of
securities, $202,605; total, $1,078,463.^. 166, p. 1724.
: i '
$435,000;
1952,
tubing and
Angeles.—
■
166, p. 1792.
market
V ' 1944
23,879
$1,018,989; cash, $58,658; accrued interest
A'$816; total, $1,078,463.
- "
% v
' A
'%■>.
Calif., ''A "LlABILITIES--^enior
manufacture of seamless copper and alloy
central manufacturing distridt of Los
the
brass
quoted
at
-
$52,796^'
books $1,221,594),
negotiations are being concluded to acquire a .plant'ftt Riverside;
the purpose of manufacturing Revere Ware copper-clad _ stainless
steel cooking utensils.
^,v*
He also announced that the company had begun the erection of; a
v.
1945
$41.689<:;p- $5,888 A
BALANCE SHEET,-NOV. 30,
■
for
1947
1
Operating revenues
Operating
ENDED
MONTHS
551. '
Revere -Copper & Brass. Inc»—Expansipiiy-!.
C.
EARNINGS
p.
I
loss
»Incomevdcfici(mcy -after expenses, interest,
ASSETS—Securities,
;
^
Gas Co.—Earnings—
Public Service Electric &
,
•
gain sale of securs.
Net
-
'
the
$2.53
$2.12
$0.15
"
750;
p.
elected
-h
$0.16
167,
$1,770,558
$1,481,851
-
stock
—V.
$102,403
$110,768
—
shr.
per
;
Trust—Earnings—
1947- J
- • 1946
$37,745--? $45,359 < ■
: ;t3,944 c ': : 30,471 '
•
kl__~
income deficiency
Cleveland^New; Yice^Presi
of
Co.—20-Cent Distribution—
the directors declared a dividend or
stock, payable March 30 to holders
Mos. End. Nov. 30—
Net
of
24,
ShawrautBank Investment
$9,205,045
-:"2,333,025
v: 1,092,332
<
r
Parks, a director
Vice-President.—V. 167
Everett
G.
Feb.
the common
..;'.;iM945
1946
$8,530,436
"1,794.819
V*) 761,106
$9,597,179
2,316,780
1.063,080
656.
p.
$2,231,762
$1,823,551
28,220
income
1,436,252
railway.
from
1947
1948
railway— $10,110,809
from
Net
292.
p.
20 cents per share
of record March 10.
On Jan. 7, last, a simTlar distribution was made.
Payment: were re¬
sumed on this issue on Sept. 11, 1947 by the payment of a dividend
of 20 cents,
the first since Dec. 27,-1945.—V. 167, p. 292. ?>. ,t V
Co.—Earnings—
Reading
167,
Seeger Refrigerator
on
*$2.44
$2.63
$3.72
'
Maryland
Baltimore
On
$1,533,969
i
January—
12,727
—V.
Net
2583.
—V.
$4,645,95)
2,660,000
, 450,000
$1,651,188
$2,335 756
share.——-——
per
1945
1946
$3,311,188
1,660,000
——1
,
—
166, p.
Gross
income
Gross
profits taxes—
and other contingencies
626,551
,
Cr9.200
___
taxes
Federal taxes, etc.-—
before
Fed. inc. and excess
906,024
63,665
116,738
income..-
income
Fed.
727,772
974.785
'' .i.v -V
86,42)
79,612
Maintenance
Prov.
Profit
206,274
217,935
Pa., a subsidiary of Schenley Distillers Corp.
plant is one of the last firms marketing
Aladdin,
straight rye.
It was founded in 1885 and was one of Maryland's few
straight rye producers to reincorporate after the repeal of prohibition.
Subsidiaries)
1947
.$4,250,756
1,925,000
Calendar Years—
Soeam gen.
Plant-
&'Goldsborough, Baltimore, Md., distillers and bottlers, on.
plant to the Joseph S. Finch Co.
announced the sale of their
23
The
•
$6,198,126, current liabili¬
1485.
fixed assets of $2,796,249.—V. 159, p.
Distillers Corp.—Unit Buys
Schenley
Records
(Including Domestic
1947—12 Mos.—1946
loan shows current assets of
of $1,144,485 and net
ties
of
Period End. Dec. 31—
bank loans now owed bv the company,
carded yarn mill at Kings Mountain,
to
15-year
posed
-
Raybestos-Manhattan, Inc.—Earnings—
resolution that would
at $1,200,000.
corporate purposes.
The directors believe that the
these additional mills shou'd be changed from short-term
15-year long-term indebtedness.
The balance sheet of Dec. 31, 1947, as revised to include the pro¬
Feb.
Hampshire—Earnings—
Co. of New
Public Service
a
of
bank loans
$199,859
' $260,168
consider
general
financing
$155,439
$447,168
$327,737
56,618
187,000 r 127,878
—,
: —>•_"*<
$32,187
167, p. 656.
19
the company intends to borrow $1,200,authorized by the directors.
Of the proceeds,
be
to
terms
on
other
~
'Deficit.—V.
April
on
resolution is approved
the
C„ and of the United States Lace Curtain Mills at Kingston, N. Y.
The balance of $200,000 will be used for additional working capital and
®
surplbfe—'a
earned
Ho
E|',
will
authorized indebtedness of this company
1946
$374,000
$3.49
N.
„——
transferred
Net. inc.
Shall'be dealt-in "and
AA-A-'A
: '• A'A'A^A
$56,187
24,000
inc.V <„:#
1947
$564,000
$5.26
—
$1,000,000 will be used to repay
as
the result of purchases of a
$327,737
' $443
3,269
—59
V;:'
taxes
share
per
stockholders
The
50,004
inc.
inc.
Co;—-Earnings—-To Incr. Indebtedness-
earnings after charges and
Net
the
1978.
bid¬
for expenditures
,
1
-
Proceeds wiil reimburse company's treasury
purchase of new facilities.—V, 157, p. 889.
Scranton Lace
$377,741
with
statement
registration
a
calendar Years—
493,655
$59,612
filed
17
for
and
fix. the
145,202
Co.—Regj^ters with SEC—
Electric
Feb.
on
$10,000,000 first mortgage bonus, series C, due
underwriters will be determined through competitive
of
ding.
.
34,004
3,505
ordinary
Deducts,
President,
company
Names
ordi¬
.
Stock
on
made
contracts
Net
D. , Yarnall, Chairman, K. If.
and Charles S. Payson, have been designated
Corp.—V. 167, p. 751.
Dome. ^A.
covering
SEC
$100,019 /.,*$115,914
$14,008
$25,608
-
income
from
Extraordinary
Extraord.
the first mortgage
on
revenues
ord.
County,, Texas.
Jackson
in
Salt
of
directors
San Diego Gas &
The
•-
America—Earnings-^
1947—12'MOs.—1946
$1,187,748 $1,045,904
1,087,729
1,161,818
income
nary
Field
Ganado
West
Three
000
AA;'\;jAv
•
1956 will be paid on ithat date at
Eank, New Haven, Conn.
'
The
the
1947—Month—1946
$125,646
$123,200
100,038
109,192
expenses
Gross
Co.—Interest—
Terminal
Providence
The
AVAAA'
gold bonds due
Texas
one-half
one-half
undivided
an
voting trustees of Tidelands Oil
oper.
Deductions
of
acres
of submerged land
Bay,
acquired last November
Hasselmann,
_
and Sacks Real Estate Co., agents for
852.
of
was
revenues—
oper.
1948 as the date of record
voting trust certificates
11,
66,000
it
Ordinary
income—noncommunication
the purchasers, by
McKallip & Co, The property was assessed at $277,000 for real
tax purposes, but the sale price was not announced.—:V.
167,
estate
p.
Calif.—New Offices
owns
corp.
Galveston
and
Mr.
oper.
Net
March
stockholders
interest in leases
in the Gulf of
from the State
by the parent company. The Superior Oil Co. owns the other
interest in the leases.
Tidelands also owns oil properties in
Oil
approximately
Earnings
announces that in order to divest itself of real estate
activities it has negotiated the sale of Presston Village.
This property was developed many years ago to house plant employees
as the McKees Rocks
(Pa.) plant, but only a portion of the housing
units is now occupied by employees.
The sale was negotiated between
common
Co.
Total
company
to
fixed
25
Feb.
on
time
Mfg.
Radiomarine Corp. of
management
the company
directors
Tidelands
Inc.—Sells Village—
Car Co.,
Steel
Pressed
V
$2,764,612 A $2,442,626
$2.uL'
•
$2.63
offices
Total
The
Stock Distribution—
of Tidelands Oil Corp., a wholly-owned
will be made on the basis of 'one voting
trust certificate,
representing one share of Tidelands common stock
for each share of Salt Dome common stock held.
Brown,
same
March 11 to
Corp.—Holders of Record
Oil
distribution
on
San Francisco,
111.—V. 166, p.
St., Chicago,
Monroe
1, next, $37,000
102.6% and interest.
Savings Bank, trustee,
1724.
April
on
representing common stock
subsidiary.
The distribution
..
164,042
v
The
redemption
for
bonds due 1976 at
the Harris Trust and
2%%
made at
Dome
Co.—Partial Redemption—
& Power
called
been
will be
West
for
1,506,650
v ;
-
1895.
Period End. Dec. 31—
'
N. Y.
7,
'
—
beginning
made
mortgage
Receive
Crane will also be in . charge .of . .time sales.
also announced that the construction of
their facilities atop Mt. Diablo has .progressed sufficiently to: forecast
50,000 watt FM broadcast with an effective radiated power of 250,000
watts from the 3,849 foot mountain top in the very near future.
AV-r
The corporation's FM station KSBR is currently transmitting from
a
temporary location in San Bruno, Calif.
It, was the;, nation's fir t
50,000 watt FM station having commenced 50 kilowatt operation in
April, 1947.—V. 166, p. 1584.
.
A
•; .■ ,
/
the
At
1948, at 12 o'clock noon in the U. S. Court House,
N. Y,
Only bids in excess of $80,000 will
will include the complete plant facilities for
of radio communication equipment, including trans¬
manufacture
first
115
President, has announced the opening of the firm's
at 582 Market St., San Francisco, Calif.
The new
will be headed by Clay Crane, former Public Relations Director
H.
Aireon
of
take
Foley Square,New York,
be considered.
The sale
the
have
Payment
114,250
155,675
1,744,157
.
share
per
Radio Diablo, Inc.,
all
of
1,869,071
—-
-
—
p.
166,
commercial
March 2,
place on
recoveries—
tax
contracts
St. Joseph Light
Mexico
Corp.—Proposed Sale—
and interest 9f trustee in and to
assets of this corporation as a going business, including the right
use
of the name ' "Press Wireless Manufacturing Corp.," will
of
sale
The
be
There
..
$5,932,597
——
profit
Earnings
50.
p.
Press Wireless Mfg.
to
222,3Q1
subsidiary's plant, net
abandonment of
ex-interest 2% on Feb. 26,
dealt in
"flat," and to
quoted
tinue
Exchange
1,637,139
tax
income
on
4
1948; that the bonds shall eonbe a delivery in settlement of
Feb. 26, 1948, must carry the
July 1, 1939, and subsequent coupons.—V. lo'l, p. 656.
be
;
$6,465,685
tax—.
income
State
—V.
___
—
income
Net
RR. Co.,
dated Jan. 21, 1948, payment of interest due
1, 1939 on the Ogdensburg & Lake Champlain Ry. Co. first mort¬
4% bonds will be made on and after Feb. 25, 1948, at the Central
Hanover Bank & Trust Co., 70 Broadway, New York, N. Y.
The New York Stock Exchange on Feb. 24 directed that the bonds
gage
$5,710,296
depletion
and
Payment—
RR.—Interest
Rutland
of
234,888
income
as
cents;
Jan.
$728,758
Total
Federal
operating
Net
,
4,611,002
-r-i
Depreciation
record March 10.
follows: March 25 and June 25,., 50 cents
and Dec. 20, a' year-end of $1.—V. 166,
A:.''T.v'r.'•
Salt
Months Ended Dec. 31—
12
Operating
were
75
25v
,
dividend of 50 cents per share
a
mont entered
4,513,455
.
profit
income
1947
Sept.
declared
24
payable March 25 to holders of
Pursuant to order of the U. S. District Court for the District of Ver¬
in the proceedings pending therein for the reorganization
:
$6,230,7.37
administrative and general expense—
Selling,
Feb.
on
1895.
Rutland
1946.>
$33,987,712
23,666,414
1947
and depletion)—
of deprec.
(excl.
Operating
Gas
Portland
each;
31,333,712
sa'es)—_ $42,077,964
of inter-company
(exclusive
sales
Net
in
Payments
Corp. (& Subs.)-^Earnings
Years Ended Dec. 31—
year
and fire
equipment, spare parts, opeiating supplies
fighting equipment on the property.—V. 166, p. 2422.
laboratory
chines,
■'
'
473.
p.
Quaker State Oil Refining
expend
six months and an additional $250,000 within one
for
repair, restorat on, and rehabilitation of the refinery and
have exclusive right to buy all or any part of the furniture and
in
$250,000
167,
added.—V.
directors
(he capital stock,
p.
RR."
nouncement
''
will expend or cojnmit itself to
Republic
terms,
sale
Under
v
unit.
distillation
oi
The
on
.A \A '''A
A total of 168 passenger cars are being built at Worcester for tHe
New Haven railroad, while an additional 39 cars for the same road,
including sleepers and dining cars, will be constructed at PullmanStandard's Car Works in Chicago.
.' '•
;-A".'..
\.V
The passenger car shop at Worcester has recently been delivering
five deluxe coaches a week, and at the same time Is turning out a
large number of new street cars for the city of Chicago, the an¬
Hartford
Dividend— :: {
(The) Rubcroid Co.—Declares 50-Cent
Co.—Delivers
Manufacturing
Car
100th Passenger Car from
1947—12 Mos.—1946
1947—3 Mos.—1946
sales____
Neo
Pullman-Standard
Sales Up—
Pittsburgh' Plate Glass Co.—Quarterly
Period End. Dec. 31—
'-Monday, March 1, 1948
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
(946)
10
,
$14,503,461
3,773,796
deductions
income
Net
—V.
—__—___*
income
Gross
Income
164,
$10,729,665
_
1913.
p.
Co.—Official Resigns—
Y;
' 'v-.
Gordon S. Culver, for the past three yeai*s Vice-President in charge
of marketing for this company, has resigned to accept' the' Presidency
of the Richards-Wilcox Manufacturing Co. of Aurora, 111.', to succeed
William H. Fitch, his father-in-law, who died recently.—V. 165, p. 2007.
Rexall Drug
-.r
..i-1"
fered—Stoetzer,
4
Puget Sound Pulp & Timber Co.—Earnings—
Calendar
tons
production,
gallons
gallons
sales,
Pulp
Alcohol
A.lcohol
Net
Cost
and
sales
of
other
revenue—
other
and
sales
—
______
write-offs
Non-recurring
Provision
Federal
for
and
4,898[523
378,390
238,885
66,519
losses
taxes
.___
809/43
2,875,531
Quarter Ended Dec. 31—
Net
profit
Current
$1,600,000,
Net
profit
capital
$1,320,507
$4,691,683
operations.
from
gain
Preferred
for
°131,218
:
the year
%
dividend
34,161
$1,320,507
67,253
$4,788,740
$1,253,254
389.094
326,940
$12.31
$3.83
$4,822,901
requirement
:
charges
J.
E.
and
taxes____v___--.
Manufacturing
Rockwell
Ashman
has been
elected
directors
have
declared
a
No.
income
of
applicable to
common
Common
share
•Profit
on
received in
common
stock—
shares
earnings
sale
of
1947.—V.
Canadian
timber
properties derived from payment
166, p. 2422.
E. W.
Earned
'■
Pullman, Inc.—Buys Additional Shares—
January the company purchased
market
at
the total
of shares
an
average
price,
the open
a share,
number
Jan. 31.—V. 167, p. 472.
11,300 capital shares in
exclusive of brokerage, of $51.98
cost, including brokerage,
amounting to $590,888. The
outstanding totaled 2,647,131
on
of
" 1947
—
Exchange
time
in
the new
at the open ing of business on Feb cr 24, 1948,
capital stock of the corporation was admitted, to
substitution.—V.
167,
p.
551.
.
:■
$118,712
1,220/67
Nil
1944
t$6,870
1,220,467
$0,006
1945
$33,673
1,220,467
Nil
1946
but before depletion, equal to 1.1 .cent
shares oi $5 par value common outstanding.-^-V.
:a -•
••
• -• ..
per
depreciation,
and
.share on 1,220,467
166,
.
-1'-
Pendleton,
I .' "
-
Net
after all chgs. and
of
Number
.
Earned
At
per
the
v
1947
sales.——
Net profit
At xhat
dealings
•
(& Subs.)—Earnings—
Calendar Years—
value, into two shares of new no par capital stock,'the'New
Exchange announced on Feb. 20 that subject to the'prior effectiveness
of the amendment, this issue would
be suspended from dealings on
the
'
:
charges but before depletion.
tProfit.
31, 1947, net profit was $13,624 after all
Simonds Saw & Steel Co.
&
working
the quarter ended Dec.
"p. 2564.
Inc.—Split-Up Effective—
Having been informed that this corporation is filing an amendment
to its certificate of incorporation for the purpose of making effective
a
split-up of each share cf its present capital stock, without par
Roeser
and
,
1,220,467"'
Nil
shares.
share
per
'
.equipment
costs,
.
$24,679
cap.
•After taxes and
taxes
•
York Curb
In
iv
For
F°h. 20. \K similar
2, March 5, June 5
"y
656.
tooling
Coalition Mines Co.—Earnings—A
"
A
dividend of, 15^ cehts per
Quarterly
payable
p.
Calendar Years—
who
March 5 to stockholders of record
payment was made on Jan. 5, iast, and on Jan.
and Sept. 5, 1947.—V. 167, p. 291.
'
share,
167,
for
used
•Net. loss__
•1" Number
Vice-President ,and ControPer.
be
Silver King
Dividend—
.
Net
A" capital.—V.
Officials-
Co.—Promotes
will
Proceeds
;
recently held the combined office of Secretary-Treasurer,
has been made Secretary, while M. J. Carl has been elected Treasurer.
Paul A. Wick and I. C. Rowe have been elected Assistant Secretaries.
The
Net income
after
Declares Increased
Meyers,
Net
1947
1946
$208,890«
$.51,44.0
assets on Dec. 31, 1947 were $3,498,000, current - liabilities
leaving $1,898,000 net working capital.—V. 167, p. 473. ,.
Co., Detroit, on Feb. 4 offered
common stock at $2 per share.
$7,333/77
7,611,825
____i
expense-
Depreciation
84,257
83,292
1,752,747
1,747,454
$15,557,429
____
sales,
1946
112,083
110.456
2.549,378
2,562,444
tons
production,
Pulp
Co.—Earnings—
Reynolds Spring
1947
Years—
Inc.,# Royal Oak, Mich.—Stock Of¬
Faulkner" & Co. and Bennett, Smith &
150,000 shares (par $1)
Sherman Products,
:
of
1947,
,.
.
to
•
■
t
;
$6.04
$2.62
$12,281,745, includ-
and
ing $4,084,754 of cash and government securities,
$1,796,540.
The excess of current assets over
$10,435,205.—V. 166, p. 2215.
497,000
'
current assets amounted
were
1
■
,
was
1945
1946
497,000
shares—!!__—497.000
share________' $5.74
common
close
.
$28,684,029 $26,059,296 $22,067,180
3,004,035
1,306,886
2,C'53.00)-
taxes! "
current liabilities
current liabilities
j*
:$V*rf
fir'- (U
•'
•'Volume 167
;
'
THE COMMERCIAL
167,
in' 1947
The
Items- of
invested
$5,440,083
FINANCIAL
assets
to
reported
company
'total ^cash
CHRONICLE
(947)
and II.
S.
stock
in
affiliates)
Texas Electric Service
on
investment
market
a
Government
basis
bonds
position.
of
$46,686,603,
amounted
the
at
Smith &
the
year-end!
Texas Engineering &
This
work
capital stock and assets of McLain Motor Lines, inc., operator
/of a fleet of trucks serving Eastern Seaboard states, have been pur'/chased by Sloane-Blabyn Corp., makers of floor coverings, it was
announced
Feb.
on
23
by
Hudgins,
Houlder
president
'
corporation, which is a: subsidiary of Alexander Smith & Sons Carpet
/Co. Acquisition of the McLain company, he said, is a step in the
//corporation's $9,000,COO expansion program.—V. 1(17, p. 889.
■/
•
company
Commission
that
announces
of
South
Carolina
secured
has
it
for
approval
of
the
Dr... Robert;;E.
nounced
FOR
CALENDAR
•in
Qper * ting
Net-
•
•„
!_i—_c.
„,_!—!
i.—'
share-!^2!-!iLl_-;!!2—-
common
per
; —V, 16 V., p. -2s2.'
},,•/A
.-''V.:
Total
oper.
Oper.
&
$4,673,474
revenue——
maint
Depreciation & expenseOper. faxes & licenses-_
Operating
Net
rents
met)
532,857
,'
;
;
-Earnings-
935,780
529,364
2,069,482 -.i
6,603
option
date.'
$755,042
deductions-^
Federal
income
State
!
.
tax!—
278.944
income tax—.a.y—
Net
income
26,699
'
per- cbrh.*■ share!'
—v.-. 167, p. 656, /
v.'.<;->}; /•
54,000
A
$2,118,069
comany
of
its
Redondo
on
new
-/California,-r "went
of
workmen
'"•"plant,;?
/ •./The
new
dividend
in
in
1947
and
forward
second
.!/■:V
unit,
also
in
energy
without
toward
/!;/!'-'!•;;',/ !'•!,/'
station's
supply,
power
e'ectric
on"-The''line"
moved
of
/-The
addition
mature
$40,000,000
than
Dec.
$10,000,000
of
31,
with
company
more
on
and
conversion
airliners.
The
order
present
is
for
interiors,
according to Robert McCulloch,
the Aerovias Nacionales de Colombia-
on
Venezuela
of
B-25
recently
took' delivery
bombers.—V.
167,
from
TEMCO
552.
p.
Stanley
1948 and
&
the
1949.—V.
-
cents
follows:
as
5'/o
share
per
April 15
:'■/"
■
declared
was
16
June
18,
cents,
25
This
stock
with
the
retirement
share
record
of
Federal
Other
Co.—Earnings-
1948—Month—1947
$1,818,359
taxes—-!!
238,013
201,430
74,036
2,521,004
1,014,433
2 .258',421
91,120
140,000
125,000
1,495,000
1,425,003
taxes—
Property
retirement
Amort,
of
limited-term
investments
Net
oper.
Other
916,52?
re¬
appropriation
serve
1948—12 Mos.- -1947
$1,567,718 $20,359,808 $17 .971,155
741,512
10,068,216
8 454,165
865,314
373
—
revenue-
income
266
3,390
4,222,
$425,474
$4,912,815
$4,919,227
•
;
$483,539
653
498
$5,257,765
11,823
$484,192
$425,972
$5,269,588
(net)
6,412
■
Feb.
Int.,
24
income—
etc.,
Net
charges
stock
—V.
126,396
amounts
div.
Textron
been
Kissner
and
865,050
865,059
Feb.
on
the
13
Etc.—
been
appointed Vice-President in charge
May, Treasurer of Textron Inc., it was an¬
Charles H. Dyson, President. Mr. Kissner has
by
and
Oliver
in
company
Vice-President,
has
Oliver
Controller
joining
i
1,270,161
$3,649,06-3
Incorporated—New
H.
Finance,
nounced
to
purchase
1,339,535
$3,930,053
period—
$357,796
requirements lor the
167, p. 751;
Franklin
of
103,514
$322,458
income—!—
Pfcf.
17,
Nov.
semi-annual
cents
50
per
were paid
last year as follows: March 15, 25 cents;
Sept. 15, 50 cents each; and bee. 15, $1.25.
This brought
in 1947 to $4.50 per share.—V. 166, p. 1933.
.
purchase
company's
of
Extras
and
Operating revenues—.
Operating expenses.—
March 9.
and
dividend
extra
en
payments
Period End. Jan. 31—
stock.
in
declared
Texas Power & Light
holders of record
to
19
regular quarterly .dividend of 50 cents
stock, both payable March 15 to holders
capital
27.
proceeds
167, p. 475.
:
Feb.
the
before
or
The
Co.
Sulphur Co.—Extra Distribution—
on
and
total
at
-
Infcreased-7-
Central
while
the
kilowatt
/'/Syracuse: Transit
Tiltoh; • 'President,
as-4followsi.,1''.1
-
crews,;
for
income
1946—V.
for
167,
Feb.
-on
12 in
an
that
/>./•
was
$33,138,450
1947
/
293.
p.
Gorp.-^Exchange
>
of
Both
1,
Securities—
has
May
1946.
At
Kissner
Co.
for
1947.—V.
and
Mr.
been
the
Assistant
time,
same
Treasurer
it
since
announced
was
has ;been-given
holders
to
-'.uhder-the/ fonowing
189C;Vdud March
certificates
mortgages,
Eirst' Syracuse
.1.
.
of
Rapid
for
Co.
Ry.
•.
mortgage
directors
the
on
Price, Waterassociated
was
Textron
Jan.
Feb.
on
adjustment
staled
cents
that
in
lure
interest
this
bonds,
action
meeting
to omit payment
according
resulted
to
from
of interest
Apr:l
on
James
Hodes, Treasurer.
inadequacy of the five
the
continuing
payment of VW>0
1,
Corp.—Omits Interest—
24 voted
increased costs
of
operation.
An
made on Oct. 1, 1947.—V. 166, p. 1525.
was
>
•
.,
He
/.' •/"'•
March
dated
•
■
with
752.
p.
Third Avenue Transit
The
1
issued
bonds
"-/'. ;■!/•'
to-wit:
Transit
1, ,1946.
deposit
associated
were
Mr. Hennig also
organization and joined
■
advertisement, announced
of
Treasurer.
years.
accounting
167,
Assistant
May
ten
over
national
a
named
was
.
capacity/';will be
Tidelands
.
and -hydro-electric
Hennig
Mr.
&
with
.Pursuant •to,: an' order • of the U. S. District Court for the Northern
•District of New York made and entered on Feb. 18 the following notice
•/.A-!?,
Elmer
house
/
'
*
$37,000,000
!v -•,!■!•'
/ >':/'!
operating
compared: to $20,903,547
as
'
the
meet
and
and
of
'.
,•
66,000
help
Southern
• ••
of
to
ceremony
completion
requirement. / :
'-/The company'^ gross
total
a
Gulf
directors
June
deben¬
the
1948,
present\:;66,000 kilowatts- of capacity provides ' <
2. Second Syracuse Rapid Transit Ry. Co.,
dated Jan. 1, 1900, due
operating capacity of .1,460,180 kilowatts* /':jan.■ Zl;--11930.'"j-!-; •/.'•:.,■!/!; /■>.,;! //;.•
generating resources/ This- total will•!be>
/ ;3.' New! York State Rys. first consolidated mortgage dated Nov. 1,
"/increased soon- by the! addition of a 35,000 kilowatt hydro-e'.ectric •1912. due Nov.- 1, ,1962. ,/./'■!•••,!•..".'
'
l,-./
;unit- at its Big Creek., No,. 3 plant in the High Sierra-.-.of ,Central•
A motion will be made at a Term of the
Federal Court to be held
'
iCalifornia.-- The company,
with the addition of the Redondo-.' Beach !vat" thfe Federal Building in Syracuse, N.' Y., on March 8,i. 1948,/at
station/- has * $9-;. generating p-ahts.
//!/*: /?// ,/:
» • *v
>*!••.•!"/' !:ia a.m.:!of that ,day or as soon thereafter as counsel can be heard,
the
>
//in JUel
airliner
»>.■'"■
share
on
regular
at the- 'corporation.
$1,215,060 ': and complies
the
of
least
later
not
Morgan
20
fund
for service in May and two additional similar units to complete
project will be installed next year. -- The formal ^introduction of
plant will be held in May when the second unit begins operation.
the
will
■
-.ready
the
28-passenger
reconditioned
Feb.
sell at
exceed
by
payable
were
cash
for
■
of
source
demand-Xor
1948 and
1,
quarterly dividend of S1.0CV4 per share on the 4V4r/o
cumulative preferred stock, series A, was also declared, payable April 1
to
stockholders of record March" 9.
;!
'
'i.
The-'directors' further
\ioted
to
retire
12,150 shares of the AV*%
cumulative preferred stock, series A. par $100, held in the purchase
$3.00
Feb.25 placed in operation the fiVst 66,000 kilowatt
264,000 ki.owatt steam-e.ectric generating station at
Beach."; The
unprecedented
Feb.
w 11 be used by the corporation for expansion
additional facilities to take care of the company's
stock,
order
second
a
of
planes will fly
government
Texas
•per
-
common
The
$3,260,808
$1.95
Southern CStliferniai Edison Co.-—Capacity
The
to
arranged
was
fund
unit
to
company
not
.sell
may
Co.
passenger
The
several
The
Society,
Assurance
installments.
committed
to provide
cents
25
!;:>
■'
is
insurance
quarterly
the
on
60.000
$0.58
$0.41
'•...;
dated
Life
*/; Sunray Oil Corp.—Declares 20-Cent Quarterly Div.—
51,091
$626,814
_—$44^,348.
Earn,
of
Gross
$5,311,042
29,276'-
:'w
Equitable
rapidly, growing business.—V. 166, p. 1166.
712,742
$3,4&7,045
17,133
will be
uoid/lur Construction in
purposes
$1,057,951/ $3,496,322,.; $5,332,134
I 1,638
"18,252
16,326'
412,365
1,305,000 > 2,025,000
7,050
annual
the
to
-
Payments
Gross income _1_
Income
Sale of $50,-
/ /Proceeds' of the issue
128,256
12,420
•:
"/
.
to
additional
President.
1,975,47.3"
.121,825
Avianca
C-47's
seven
four
vately—Eastman, Dillon & Co. announced Feb. 24 the
private placement with insurance companies for invest¬
ment of: $1,250,000 10-year 414% sinking fund deben¬
tures, due Dec. 1, 1957.
1947—12 Mos.—1946
$748,439.. $1,045,530
!-3„
of
Underwriter, The
with additional
,i/ V Suburban Propane Gas Corp.—Debentures Placed Pri¬
$0.80
! :
31,178 -.V;
equal
the
/
debentures
company
to-the
wih.oe
-959,361
'/;•
207,844
.
'-, 34,615
,
—
revenue!
oner,
Other income
••
255,101.'.
company
Wilson, Chairman, and A. W. Peake, President, an¬
that the company has arranged to sell not to exceed
26
The
The-loan
$4,904,795 $18,489,246-$l9,847,953
3,090.877
11,895,112
11,720,437
3,102,459
expense
that
•
$0.74
1947—3 Mos.—1946
stock.
common
proMide
$4,030,567
911,969.'
/ Southeastern Greyhound Lines (& Subs.)
Period End. Dec. 31—
its/
194G v.
profit'_!'_Z_!——_^—$3,785,620
income
-
Earned
15.
The
$7,717,030
3,686,4321
•
the
'
YEARS
1947
Feb.
York.
New
tures
EARNILGS
registration statement with the SEC'•
par)
Standard Oil Co. of Indiana—Arranges
t
$50,000,000 23/4%/debentures
P;. S.
%
" Operating .revenuesi.—; $8,589,622
Operatiag exp. and inf4i\tenance-J-T-__//<_j__^'4,804,002
($10-
000,000 Privately—
acquisition' of the;' common
.stock
of South •; Carolina
Power
Co.
and
is
momentarily
expecting
decisions of the SEC and the Federal Power Commission.
'"
/'
-
shares
Boston
The
the
;
140,750
with
Mfg. Co.—Receives New Order
corporation has received
from
routes.
;
/ // South Carolina Electric & Gas Co.—Acquisition Ap¬
proved—:
'' '■
"
/•< The
19 filed a
company on Feb.
statement
ways
Corp. 1 Proceeds, will
capital funds.—V. 167, p. 889.
latter
the
of
The
covering.
First
registration
a
Colombia, Bogota, Pan-American Air¬
subsidiary in Colombia, it is announced.
The first, completed several months
ago,
called for the conversion
/../ Registers With SEC—
The
filed
20
,
$39,536,598 or more than the total of all rserve for unearned pre¬
miums and" claims and claim expenses of the company. Mr. Platts also
reported that the Planet Insurance Co., wholly owned fire and marine
Carpet Co.—Expansion—
Sons
Feb.
on
covering $5,000,000 first mortgage bonds/due 1978 and $5,000,000
of sinking fund
debentures, due 1973. The names of the underwriters
will be determined by competitive bidding.
Proceeds will be used to
iinance company's construction program,—V.
167, p. 869.
affiliate,: wrote net'premiums of $984,517.
(Alexander)
company
SEC
of
Out
11
Co.—Registers with SEC—
and
Tho
liquid
very
a
and"investments
cash
(including
$46,990,369.
to
656.
p.
total
and
increased
cash
will be used for addi-
Proceeds of the loan
&
^The fo.tal assets of the company increased by $5,933,772 to $54,449,043
,
tional working capital.—V.
;
♦.«
.
(A. O,) Smith Corp.-r4-Places Loan Privately—The cor¬
poration, it was announced Feb. 20, has arranged to
borrow $7,500,000 from the Prudential Insurance Co. of
American on .a 15-year note. The note Will bear interest
Of 4% from Feb. 1, 1948, until June 30/ 1953, and 3Vz%
thereafter.
„
if
■
Number 4677
.
Oil
Stockholders
Corp.—Stock
of Parent
Issued
as
Dividend to
a
Concern—
.
Salt
See
Dome
Oil'Corp.
abovq/
'!*!■',/'
.
"
,
The
,
for an order amending the order made on Sept. 8,
..•/;•• -W. C. Mullendore,' President, announced that';/the company has/
1947 and entered
//allocated $70,000,000 for system additions and improvements for this / in, the-U. Sv'District Clerk's Office on Sept. 9, 1947.
year, continuing the program of service expansion begun immediately/ :The amendment? to said order which will be
applied for at said time
?With the. end of the war.
and placer will provide
•;//' '
ill that all holders of certificates of deposit
;/ '•'? •
: ./ '•''-; -V;'!';/«/■/
•
The
;
Redondo
Bteam
station
station
of
supplements
the
three
plant
43^,000 JcilowAtt capacity.—V. 167,
Long
Beach
bonds,issued
alSo rpresent
/
p. -656.
•for
under
/Southern Colorado Power.
/
Electric output
.
totaled
responding
this
of
2,519,000
kwh..
week
last
Cok—rWeekly Output—
for the
company
compared
as
year,
with
increase
an
week
of
"
feb, .21,•. 1943,
kwh., .for the cor-/,
0.3'/e.—V.
167,
889.
p.
in
Southern Paeific Transportation
/.
Month of
Railway
January—
Railway operating
Net
;
;
expenses
'
'
retirement
income
taxes
$9,672,680
665,692
634,240
1,463,150
167,
1,241,703
/;.'//
56
1,552^715:
1,338,613
v.—/
116,840.
ooerating Income—-!_j.—.
692.
p.
11,995
1.476,388
Miscellaneous taxes
Net railway
1,484.643
15,497
State, county and city taxes-—-.
—V.
/1.220,584
1,273,763
;
^
Equipment rents (net)
Joint
facility rents
(net)
shall
reorganization
presented
bq
North
bonds,
the
to
Wacker
March 2.—V.
on
Frank
was
-
RCA
1947
proposals
series
B,
due
at
enmpe™
Drive,
Folsom
for
Jan,
Retirement
and
1,
6,; 111.,
Genera! taxes
167,
Utility
—V.
'
.1947
such
surplus
elected
Carleton
by
of
H.
the
He
Coro,
All
Middle
to
is
director
a
Palmer,
Radio
also
of
64
years
ations
shall
Service
167, p.
Co.,
34,383
435,219
615,196
794.941
-<
a
of
ago.
of
director
America
in
616,000
54,000
742,000
$144,399
$1,395,594
1,417
5,135
33,037
$149,534
$1,428,631
$1,679,419
'
■*'
,s.
4,082
3,481
44.092
41,921
$146,053
$1,384,539
(net)
$93,782
•
.t
1,
Co.,
is
of
Gold Mines,
contingency
reserve
$1,649,259 over that
the annual report to
of
to
$13,703,012
$400,000,
an
•/.
"
inc).
31,
in
of
The
year's
gain
from
insurance
or
underwriting
oper¬
taxes
of
$4.15
per
share
as
compared
for
1946.
the
carry-back provision of the Federal Income
$944,689,
In
or
addition,
$2.68
per
amounts
recovered
share.
and
to
to
be
Tax
a
lo:
s
of
recovered
Law
.
.
$6.41
Provincial
to
the
is
Motor
Glidden
active
parts of
first
Manhattan
St., in
supplementing
earlier
purchases of skyscrapers
at
in Chicago and at 1420 Walnut St.
and
1523
Philadelphia.—V. 166, p. 2424.
Wells
St.
in
Shipyards Corp.—Dividend Rate Increased—
dividend
the
Sts.
of
payable
$1.75
share
per
March
paid
company
to
8
$1.50
has
holders
share
per
been
of
declared
record
each
the
on
March
quarter.—V.
1.
common
Previously,
167,
752.
p.
(The) Trane Co.—To Build New Factory—
the
This
Feb.
on
construction
new
popular
of
1946
$1,093,701
938,618
850,599
royalty
plant
22
of
will
residential
reducing
Facilities
for
$243,102
14,735
31,202
to
announced
eastern
an
be
used
meet
the
that
plans have been
branch
the
at
heating unit.
exc.
prof, taxes
frOm operations.——.—
$274,304
29,911
2,950
.!_.
$122,550
$244,393
277,198
Gold Mines Ltd.
factory
outset
constantly
The
for
at
increased
complettd
Scranton,
the
Pa.
production
demand
convector-radiator
is
ci
the
for
but
of
one
-' I'
".
Earned
Gross
service
profit
on
"$399,749
$373,842
4,807.144
charges."
$0.08
$0.14
Prov.
depreciation-
for. Fed.
and
income
Net
Nov
of
nine
OUtStdg.——'
Earnings per share
$339,683
$329,940
1947—12 Mos.—1946
$1,299,739
and
$1,121,674
P-
s
2147.
the
company's
company's
other
program
said.
announcement
factory
lines,
will
and
total
iloor
be
used
the
fabr>
of
space
18-acre
an
plot,
begin
is
immediately
expected
with
to
completion
almost
which
w!l
begin
scheduled
shortly
for
thereafter.—7.
/.,
-
.
,
Trans
..
8,429
4,415
22,356
19,058
$334,355
$1,322,095
$1,140,732
253,415
254,025
1,021,439
932,955
36,709
30,526
$57,988
$49,604
226,600
114,974
79,678
$185,682
$128,099
226,600
226,600
SO.22
$0.82
interline
International,
.
,
,
^
Agreements—
concluded
E.
O.
interline
Cocke,
Vice
agreements
wi;h
President—Traffic,
'
agreements
for
provide
exchange
of
ticket
sal?s
Sabena
(Belgian airline), Iraqui Airways, Royal Dutch
Portuguesa, Limitada, and Quantas Empire Airways,
An interline
agreement for the handling of air
Aero
Australia.
has also been announced by TWA and Pan American Airways.
now has such interline
agreements with more than 60 foreign
They
are
part
of
the
overall
interline
structure
being
developed by TWA along its 27,000 miles of air routes from Sen
cargo
TWA
Francisco
will
the
>
Bombay.
agreement
each
Netherlands
with
other
Royal
Dutch
throughout
Airlines
their
the
entire
two
companies
system
including
East-Indies.-
Inaugurate Service Into Basra, Iraq—
Basra,
on
to
the
represent
To
1947,
profits taxes of prior years in the amount of $32,246.—V. 166,
,
has
carriers,
Feb.. 14.
$0.56
•
Airline
foreign
carriers.
226,600
*
on
new
Under
$0.26.
World
passenger traffic between TWA and East African Airways TWA
Arab Airways,
and for exchange of ticket sales and passenger
cargo
traffic
between TWA
and
Philippine Airlines,
Peruvian
Airlines,
Ltd., of
NOTE—Above statements do not reflect refund received in May,
pf
will
additional
The
and
Ca¬
taxes.
profit—!"?"'.
shs.
the
the
new
expansion.
production
87. >
p.
The
and
1°47—3 Mos.—1946
$348,112
nadian
with
delivery,
one-story building will have a
feet.
It will be erected on
further
announced
of
Total
incl.
in
New International Interline
' -- V
/ supplies and acces,_—
Exp.
line
square
mid-year;
4,807,144
Corp.—Earnings—
sales
up
-Crosse, Wis., by the
429,449
167, p. 52.
TelAutograph
in
products.
Construction
167,
is
stepping
La
production
new
new
move
and
at
Transcontinental & Western Air, Inc.—Concludes Nine
profit——!_—!
.
The
70,000
of
This
costs,
freed
increased
permit
$125,500
material.
raw
of
$110,764
——
Period End. Dec. 31—
under
amounted
103x100,
Buick
to
lines produced by the company.
The company's primary pur¬
for establishing an eastern branch factory is to move a
portion of
its production closer to the large eastern
market, as well as to sources
1947
mining operations
.'-Estimated.—>V.
Report/
at Dec.
the
and
Pa.,
and
"stock,
for
$1,637,498
$1,049,383
1
,
produced-—
_
T-
increase
its
convector-radiatdrs,
Capital shares outstanding
Per sh a re ,! 1_! _!'_'_ !—_!—_—_!_.
Association.
'
'
to
1908
$1,633,705
Ltd.—Earnings/—
•
bullion
inccme__
profit
Net
chargo of
Detroit—
lease
many
Dividends from Lamaque
it
RCA, the National
Carpet Co!, John B! Stetson
Insurance
various
The .company
Income front: general y nv.e stm ents
amounted
current
Lake
Walnut
15,715
$97,865
Renerve-for. Dominion inc. and
of
Manufacturers
approximately
since
recently in the acquisition of business
the United States, the present transac¬
purchase of improved properties in
several years.
Four weeks ago, the company bought the noted Empire
Building at the northeast corner of Liberty Ave. and Stanwix
cation
Net
company,
Mr.. Folsom
Corp.
■■■;■!,!;!. ,7.,;v!'v//!• v!'! "!•■
has been
company
marking
A
total
after
The
776,047
$96,443
___^_!_
Motors
Company intends to reconstruct the present building,
store and office structure upon expiration of the
existing
in
490,118
61,556
General
431,581
40,951
692.
from
Total
>-'{:
this
of
value
Profit
tCST),
a.m.
to $1,592,004, and from investments
$686,300, making
gain from operations before provision for Federal income taxes
of $2,278,304, or $6.47 per share.
Federal income taxes accrued on
1947 operations amounted to
$818,000, or $2.32 per share, giving net
a
3,494,013
War:l
1951.
It is understood that negotiations are
already under¬
way for.the long-term rental of the property, as
rebuilt, to a nationally
known industrial organization.
Todd
income
Gross
$7,000,000
proposals
West
11:30
Chairman.
Corp.
a
Inc., and Radio
Accident
to
lease
Rudd
Tishman
modern
a,
Pittsburgh,
$7,597,464
4,325,475
.
Operating costs,
Dec.
31, 1946.
/v vv'stockholders presented by R. H.
Platts, President, the company's premium volume in 1947 was
$31)227,408, the largest written in any year since the company was organized
According
1947—12 Mos.—1946
$3,182,425
-
47,006
income.
the
properties in
53.325
taxes—
York
Corp. since 1919.
The
•into
Althea
24
^structure,
-Buick
of
pose
,
".
been
division.
V -"*
including
1947,
plan
52,897
Teck-Hughes
purchase
1978.
of
Surplus as regards policyholders amounted
..
said
889.
p.
Standard
,
under
presented
43,147
:
!„!—__!-
oner,
,
\
so
The
provided
334.381
Income, net—!—.
.
'
not
Estate
of
$36,663,193
'
f
them
New
the
basement automobile sales and office
Broadway, northwest corner of 55th St., in the
City's automobile sales district, it was announced
assessed
;•/
accruals
Federal income
Sons-r—New Director—
has
Eversharp. Inc.,
Co.,
of
of
Feb.
from
four-story and
1731-37
Division
$669,671
Calendar Years—•
prior
Broadcasting Co., Alexander Smith & Son*
—V.
440,872
_________
res,,
amortization
Net
-Invitation for Pro-
the
the office
Chicago
Vice-President
Victor
1948
$5,830,868 $37,949,307
166, p. 2665.
announced
Executive
the
M.
$738,689
!_
Maintenance
Jan. 1 to Feb. 14
^
Squibb &
(E. R.)
any
1947—Month- -1946
____
Operating revenues
Other
$3,539,273
-
inviting
is
company
or
participate in-the distribution
modified.—V. 161, p. 2G66.
Operat'on
?"//!:
'
first. mortgage
as
the
at
of
Bank
1949, fpr exchange
Corp.,
Earnings—
Gas & Electric Co.-
posals—
20
1948
$5,687,586
Southwestern
The
Gross
889.
p.
Transit
cash
Co.
Trust
Tampa Electric Co. -Earnings-
150,794
$3,322,680
Week End. Feb. 14
earnings
167,
as
Income deductions
Ry.- -Estimated
I
Gross
Girard
heart
on
has purchased
company
for
building
Construction Co.,. Inc;~*~Buys Bldg.
by-David Tishman, President.
which
occupies a
plot
at $640,000.
It has been under
them, shall
National
all
,
Period—
—V.
the
Chase
before July 1,
or
Syracuse
mortgages
Period End. Dec. 31—
Gross income
Southern
to
'
tion
$9,835,956
r
!___
taxes
taxes--
aforesaid
under-the
/ or .surrendered,
of
-*
or
of
the''.plan,/of/reorganization of New York State Rys.
(Syracuse
'System 1, ;as" modified, dated Feb. 16, 1939;
;?/ -t2)! That" after July 1, 1949, no certificates of deposit for the bonds
32,376,934
Federal,
Federal
•
—w—35,690,611
r_
railway operations^.
unemployment insurance taxes.
Other Federal
1947
-
on
the
of
agent,
any
$42,212,890
from
revenue
1948
$45,363,291
-a--.-/.—
Federal
.
System—Earnings^--
•!./"
revenues_9-^!_^i--
operating
cash
and
certificates
or
:
issued
,
such
distributing
Pa:,
York City as its sub-agent,
for- securities
ended
2,511.000
aforesaid mortgages
or. surrender
/ 'of.' Philadelphia,
New
the
Realty' &
Tishman
Trans
in
the
Kingdom
World
Airline's
of
Iraq,
Bombay
will
route
become
a
beginning
regular
with
weekly
the
stop
March
2
12
Monday, March 1, 1948
(948)
flight
originating in
announced
ager,
the
General Traffic Man¬
H. Clemson,
New York, J.
23.
'
Feb.
on
Kingdom
and
of
'per
share.—V.
♦Consol,
net
Z;!"'z'vZ'zZZ
Common
shares
Earnings
*
$1.52
sharei.—_
per
"The
charges
.
of
Corp.—Extra Dividend—
Union Bag & Paper
Feb.
On
24,
the
on
March 5.
declared
directors
25 cents
dividend of
extra
an
$3
Unflon
The
Oil
Co.
reveals that the incorporation of the Philippine Union
authorized Jan. 2 by the State of California, the capitaliza¬
no
■'.Z;V
■ 1
,
premiums
Gross
increase
value. It was also reported that
capital stock has been issued.—V. 166, p. 2565.
being 1,000,000 shares of $10
tion
V,
loan of $8,000,000.—V.
29%- over
of
,
Feb. 22 announced, plans to expand its foreign
freight department,
which now
has headquarters in Chicago, 111.
W. T. Burns, General Freight Traffic Manager, /said that beginning on
March 1, the department will Include offices in New York and San
Francisco.
Offices are planned also for Los Angeles and San Pedro,
company,
on
Claims
tProv.
L.
T.
traffic
588..
p.
Surplus
directors have declared
March
able
20
—
following quarterly dividends,
the
stockholders
to
March
record
of
Union
10:
913
Common
Last year, payments were made as
Stock
Common
in
•On
Union
On
Union
Bond
On
Union
On
Union
Bond
—V.
.28
.27
Fund
The
.29
.18
.18
eral
.20
.45
.16
announced
.12
.05
•09
enabled
to
Air Freight Up—
J.
f '•• •4 "
.
from
P.
profit
Archie
Jones &
He
was
of
Depletion
and
deprec._
studio
"
'
1
M.
Stevenson,
'
20,273
42,479
Cr38,419
18,450
Cr26,275
-
95,763
488,300
75,800
803,100
207,200
$959,998
$187,154
$1,562,017
Cash
from
U.
167,
„
37,741
88.
p.
Effective
11
April
days'
Govt,
S.
the
9,
-
the
of
firm
will operate
company
President,
Feb.
on
*
2O made
j.
;
{investments
Z
,
the
.
Total
Rawlins
L.
has
for Federal
following
294,025'-
of
Amort,
ZZZZZ.
1
-
-V
57,764
693,168
surplus
Earned
87,381
3,148,200
3,579,497
(Parent Company Only)
'■
♦Revised to set
•
$9,023,035
$332,629
Subsidiaries,
majority
companies
Other
.
$1,536,172
$1,630,524
1.&44.464
owned——
$5 par
of
and
Interest
$3,380,636
other
and
income
$3,076,855
491,982
419,430
661,436
744,421
281,779
$2,859,754
income
appropriated to special fund reserve
$2,389,098
1,130
r
$2,858,624
2,036,291
Preferred
-V.
167,
$39,151
of
per
$351,722
pe
1,566,374
1,566,378
share of capital stock.
$1.83
$1.52
capital
stock
($13.50
$8,899,177
$8,603,935
188,633
127,908
2,127,747
2,118,514
$580,096
-
dividend
for
$163,070
$6,771,430
$6,485,421
1,447,355
requirements
common
1,447,355
__
stock
890.
p.
$5,324,075
i.
,
,
$5,038,066
from
from
Net
ry.
—V.
railway—
railway
oper.
$8,396,719
2,301,414
1,365,457
income
1945
1946
1947
$6,184,693
$7,603,656
1,483,652
$7,527,018
2,144,623
911,198
2,630,269
705,344
614,360
167, p. 890.
Offered—
Peters, Writer & Christensen recently offered to resi¬
dents of
Colorado $150,000 first mortgage
serial 5%
bonds at par and int.
■
Zz j/'^' z ZZ.:.y'';;Z-Zz Z'.;ZZ'. Z;
,
(&
Inc.
$
profit
Common
shares
Earnings per
NOTE—The
of
in
1946
ZZ
z
$
-
interco. sales)— 117,256,000
11,613,000
112,779,000
11,546,732
The
bonds
3,913,768
3,893,058
The
company
$2.94
are
1949 to 1960.
organized in 1898, makes Walter Gold Label Beer.
due
serially $12,500 each
Feb.
1,
United Factors
Corp.
Co., Inc.—Outlook, Etc.—
H. Bobst, President, on Feb.
15 predicted that the outlook
was
favorable due to the marketing of new pharmaceutical
(William R.)
Elmer
Warner &
for
1946.-
specialities and also the Home Permanent Wave
corporation's
share
of estimated
Extra Dividend—
On
Feb.
25,
the
share and
the
,;'';'Z
directors
usual
declared
an
extra
quarterly dividend
of 30 cents
cents per share on
dividend
of 25
r
1948
ity
Bobst
also
of Executive
announced
that
Vice-President.—V.
Robert
166,
p.
J.
Davis,
1526.
Cleveland
according to com¬
amend the corporation's cer¬
of $3 par value
stock
and
preferred stock.
authorization
stock
was for 1,700,000 shares of $3 par value
shares of $100 par value preferred stock.
also voted to make certain changes in the corpora¬
stockholders
150,000
by-laws.
.
To Abandon Plan
President announced Feb. 25 that the company is
proposed $15,000,000 preferred stock issue for the
proceeds of this issue are no longer needed in the
Warren,
K
its
that
the
reason
of the
purchase
Z
to Sell $15,000,000 Preferred Stock
more sat¬
this purchase,
stock of the Devonian Oil Co, Other and
isfactory arrangements have been made for financing
the details of which will be announced when completed..
Appointed—
Zv
;
"
/
the President,'ac-«
cording to W. K. Warren, President.
Mr. James joined the company
in
1940,
and during and for a period after World War II was its
Washington representative.S.
James
has
been
appointed Assistant to
Co.—Earnings-
Washington Water Power
Operating
Operating
expenses—
Fed.
income
Federal
and
other
211,103
1,988,217
150,854
84,168
92,886
84,168
$396,480
" Z
1,366
$303,247
715
1,482,296
1,010,000
$4,073,947
27,831
1,010,000
$3,765,899
67,398
$3977846
81,172
$308,962
90,805
$4,101,778
985,815
$3,833,297
1,117,382
$316,674
$218,157
$3,115,963
$2,715,915
stock for the period
210,000
505,638
$2,905,963
Net
operating revenue
Other
income
(net)
Net
income
$2,210,277
—
and other chgs.
income
Dividends
—V.
167,
1,827,812
185,762
taxes
Property & other taxes
Prop, rctir. res. approp.
Interest
1947—12 Mos.—1946 ,
$1,197,947 $15,190,718 $12,522,426
501,538
6,636,258
4,639,195
1947—Month—1946
$1,459,155
641,891
revenues
applic.
to pfd,
•
Balance
indus¬
trialist, shortly will become associated with this company in the capac¬
Mr.
1948,
to authorize 3,000,000 shares
200,000 shares of $100 par value
and
and Hair Line of the
Toiletries Division.
to
20 voted
Feb.
on
stock
Gross
tExcludes
undistributed earnings
unconsolidated companies amounted to $296,000 in 1947 and $780,471
per
Z
Year Ago—
167, p. 693.
incorporation
of
$2.93
outstanding
share—
common
♦After income taxes.
Subs.) —
1947
Brewing Co., Pueblo, Colo.—Bonds
a
28,
Corp.—Stock Increase Approved—
Period End. Dec. 31—
6 Months Ended Dec. 31—
*Net
stockholders
Allen
1948
January—
Net
of
ending Feb.
$1.89 a share.—V.
equal to
;
RR.—Earnings—
Walter
(incl.
months
will be half those of the same period last year, Hugh
Counsel, said to the stockholders at the annual meeting
17.
For the six months ended March 1, 1947 net was $14,-
Feb.
The
—V. 167, p. 88.
tTotal merchandise sales
six
the
New Official
Gross
Balance
cancellation of the 107; 180
stock purchased by the corporation in May,
Feb. 17 approved the
common
estimates,
W.
$2,388,013
2,819,473
Income
$290,978
1,085
;
for
withdrawing
income
Net
Wabash
Shares
115,273
amort.
Balance
Net
123,858
91,023
deductions
Income
41,651
271,743
69,649
expenses
Provision for Federal and State taxes
Other
and
Int.
.
Morris,
tion's
Balance
$3,496,285
Ordinary
13,981
loss
operating
August,
common
1,446,331
Total dividends
forth the net assets of subsidiary companies
capital is now $36,475,000.
The
$768,729
income—net
Other
" 297,877
37,010,900 '
39,466;€31
41,074,502
-i.——
\ Cancellation of Treasury Stock Approved—
tificate
$8,719,208
"
242,718
3,18o,000
territories as one
previously included
foreign
Warren Petroleum
3,428,034
$782,710
'
184,630,333 178,868,323
—-—
Previous
revenues-
oper.
22,274,000
515,000
1,413,700
140,586
489,874
figure after deducting the amount- of
$2,187,313
in reserve for contingent liabilities-1n
respect of those net assets.
tAfter reserve of $2,187,313.
JAfter re¬
serve
of $566,066.
§After reserves for depreciation and amortization
of
$58,676,533
in 1947 and $56,554,396 in 1946.
VAfter deducting
$5,118,409 U. S. Treasury notes in 1947 • and $11,248,707 in 1946.
in
013,683,
1946
Net
at cost—
107,180 shares,
common
'•
1947
,
241,923
37,010,900
39,607,217
49,963,111
Dr1,632,743
—
Z——
———
—
on
v
income—
214,219
373,064
3,688,000
—
stock,
Total
M.
3,467,500
278,347
57,764
___+—
surplus
Treasury
pany
693,168
216,523
taxes
taxes
1,207,667
sub. co—
a
'
'
19,092,000
447,000
1947, at a cost of $1,632,743. This cancellation will
result in the reduction of the capital stock in the amounnt of $535,900
and in the reduction of capital surplus in the amount of $1,096,843.
2,949,160
2,874,333
312,864
income
Other
Calendar Years—
Dividend
Fed.
*
credits
deferred
The stockholders on
plant acquis!.
adjustments
United Gas Improvement Co.—Income Statement—
pfd. stk. of
surplus of subsidiary companies
stock
($5 par value)
shares
18,127,537
3,310,747
3,111,201
243,570
845,033
95,513
434,541
foreign subs., held in abeyance.
Six Months' Net About 50%
22,114,699
349,372
lo,109,120
Common
Capital
'
1947—12 Mos.—1946
2,236,073" 1,971,440
Operation
income
liabilities—___
of minority stockholders in capital and
Interest
.4
$3,320,504 $44,980,547 $40,258,940
$4,155,559
taxes—
1,359,530
11,958,365
489,033
128,990
495,327
contingent
for
Reserve
The
revenues
*
1,309,019
oblig. due within one year—
purchase of
on
2,633,769
8,143,618
6,728,894
to
Miscellaneous
.
1947—Month—1946 V
2,253,933
<
payable.
;
and participations
_
De'-aware, it was
752.
collected for Fed. Govt—
and
withheld
'
2,775,819
4,763,484
2,755,632
4,886,290
—
Mortgages payable (non-current)_—
Other contractual obligations (non-current).
June
p.
'
»
affiliated companies—
Advance payments for film, deposits, etc.Debt maturing after one year:
"
Notes payable to banks (non-current)_
General Solicitor, :Z>.
y'/Z.. -V.- '""ZZZZZ
•
At
the same
time, appointment of LeRoy
L. Lewis as General
Attorney of
Carnegie Illinois Steel Corp., succeeding
Mr. Rawlins,
was
announced
by C. R. Cox, President.
Mr. ; Lewis was formerly
General Attorney
of the United States Steel Corp. of Delaware.—
167,
4,363,554
1,247,475^ •: Z Z—-V.;
184,630,333 176,868,323*
•
Mtgs. and contrac.
Blough,
by Roger M.
255,601
■
7,212,849
liabilities
UReserve
Assistant General Solicitor
announced on Feb. 27
appointed
been
United States Steel Corp. of
98,174,723
trademarks^ - etc.r#-i.--'-'vZ
payable
Amounts
—_-—
+688,021
99,390,063
payable
Accrued
Englar,
';Z;ZZ:ZZ<ZZ;,,^ZZ'
709,470 '
companies———_
—w—_
Royalties
*
■
-
terrs.-i
sub. cos.
to
*1946
.
16,935,411
2,430,802
2,376,029
1,643,388
48,755,062 ; 47,104,208
ZZ 5,152; 187
leaseholds and equipment
Z LIABILITIES—
of its
New Appointments—
advances
States)
16,592,321
2,444,762
2,373,476
3,623,272
assets
Dividend
general
no
Maintenance
Barrios,
affiliated
buildings,
§Land,
increase bv* the Carnegie-Illinois Steel
finished steelproducts.
Its price changes
mentioned in recent press accounts relate primarily to the adjustment,
in the prices of semi-finished steel, which was announced last week to
the trade by Carnegie-Illinois.
Such adjustment represents an average
increase in its' prices^of semi-finished steel of about one-quarter of a,
cent
a
pound and was caused by the cumulative effect of past cost
increases
resulting
in
these semi-finished
products being sold by
Carnegie-Illinois at a loss.
Ill other words, this adjustment was for
the purpose of correcting this existing unsound relationship between
costs and prices."-;-'
been
prices
the
.in
Operating
weekly cruise service
a
to Puerto
foreign
in
.
31
territories———2,281,583
in
operating
Investments
7,402.180
1947 *
>
Z——,——
—
and net
in
Unamortized^^ good will;
1 '
•
•
-
Depreciation
York direct
AUG.
tNet assets of sub. cos. oper. in foreign
Price Changes—<
Guate¬
New
SHEET,
BALANCE
advances—
royalty
Accounts
Bigham,
of
Z
tlncluding excess profits tax in 1946.
notes
and
Disct.
company's newly reconditioned passenger liners "Jamaica"
and "Talamanca" will handle this movement.—V. 166, p. 2605.
from
7,295,000
at cost or redemption value_
receivable——
bonds,
and
Inventories
a
,
Period End. Dec. 31—
The
duration
and
,•
Production
Virginia Electric & Power Co.—Earnings—
United Fruit Co.—Announces Spring Cruises—
mala.
1947
in
$567,150
—r-.r/)*.. $3.02(1.
$2.62
$505,128 in 1946 irif respect of
Z-
Profits
of
49,963,111*" 41.074Z502
——_—
properties charged to costs,
Accounts
$111,759,834.
$470,297
Net income
—V.
23,407
2,146,595
outstanding——_____
ASSETS—
r;.• Z 'Z;Z.Z'^v
become General
member
a
Fairless,
F.
has
"There
Corp.
445,702
(net).
deductions
Federal income
operat¬
cos.
share—-—
CONSOLIDATED
Houston, lawyers, New York, N. Y., has been elected a director.
Assistant General Counsellor the War Shipping Administration
Bfenjamin
"
taxes—
Interest
Misc.
1,614,865
(Including Subsidiary Companies Operating in the United
States Guarantee Co.-—New Director-
statement:
$1,256,703
561,167
sub.
of
end of year
shares
common
than
of
$90,122,391, compared with $77,568,policyholders was $35,166,861, com¬
United States Steel Corp.—On
B.
,201,168
1,350,000
r
surpluses
surplus,
per
Remittances fr.
of
$2,942,488
territories
common
♦Other
the war.—V. 160, p. 1120.
during
1948—6 Mos.—1947
$502,845
——
18,500,000
500,000
8,327,454
Earned
will
Manager of
and General Manager of Queen Dyeing
director of the Finishing company to
who resigned due to ill health.—V. 166,
•* - "' 1 * Z
" '
Huntington,
'
United
(& Subs.)—Earnings-—
$1,744,097
310,8.1.1
operations
7,219
15,300,000
49,401,956
V.
Profit
—
income
on
11,059,775
Owing
"v
1948—3 Mos.—1947
taxes
Federal
undist.
in
Earnings
Z ZZ-Z
•:
•
-
$126,066,426
to
Vice-President,
Mowry,
2605.-
p.
year.
United. Electric- Coal Cos.
est.
19,424,650
29,977,306
No.
.
Period End. Jan, 31-
for
of
ing in foreign territories, beginning of year
ZZZ;ZV- 'ZzVZ-' 'Z Z;'Z: ,Z-:"Z;"'
John
succed
use by large - industries, stimulated by sharply
United Air Lines to show an estimated 128%
"Improved facilities for handling large or small shipments' arid
high-speed service combined with the lowest air freight rates, in
scheduled airlines history have played a major part in this showing,"
Mr. Bickley said.
All United's fleet of 144 planes carry air freight as well as air
express and mailt - Of these, seven are four-engined all-cargo planes,
each capable of carrying up to nine tons, and eight are two-engined
all-cargo planes, with a capacity of three tons each.—V. 167, p. 476.
—
share
3,842,654
b'44,223
20,916
57,356
3,859,526
539,094
40,840
of properties
deprec.
'
profit, carried to earned surplus—
surplus, beginning of year
Equity
of William Myers, Jr., as Vice-President and Gen¬
this company, and its subsidiary, Queen Dyeing Co.,
by Grant A: McClatchie, President, is effective
parent and Vice-President
.He has also been elected
Co.
jump in volume lor January over the same month a year ago, accord¬
ing to M. P. Bickley. Manager of cargo sales,
' ' '
Air freight shipments in January reached a total of approximately
1,117,591 cargo ton miles against 491,383 a year ago.
Air express
amounted to 601,752 cargo ton miles as against 449,242, an increase
of 34%.
Mail ton miles totaled 612,830, of 9'/2% 'from last year.
>
Air freight rates underwent their latest reduction, to as low as 13
cents a ton-mils on some commodities, on Oct.f 5.■>
Nearly 16 million ton mi'.es of air- freight were flown by this cor-,,
poration during the first- two years-of such'operations, it was a'/
nounced by M, P; Bickley, Manager of - Cargo Sales,rZ'Z^ '
United inaugurated -air freight service Feb. 1, 1946, and during the
first year flew 4,969,798 ton miles.
During the past year the volume
skyrocketed to 10,808,908 ton miles, an increase of 117%
over the
first
and
Dividends
recently
15.
Jared
the
Increased, air freight
of
Manager
March
167, p. 158.
rates,
resignation
.63
.19
United Air Lines, Inc.—January
reduced
1947. were
Surplus
beginning.
.
increased
assets
end of
the
at
the
at
.05
B-ZI-I"—
prior
of
tax
"~~63,169,481
Z«
paid in dividends.
were
.17
Fund—
Stock
7.188,525
84,049,729
profits
excess
22,094,979
41,074,502
the
United States Finishing Co.—Official Resigns—
$0.15
Fund
30,054,953
9,767,758
84,652,599
Total
to $21,393,272, an increase of $1,242,321.
There were
voluntary reserve of $1,655,019 from 1947 income and
admitted
.19
Bond Fund
Preferred
$0.15
165,533,006
34,265,895
—
profit
—
goodwill purchased in 1946
of goodwill, trademarks, etc.
foreign
Other
$0.14
172,004,197
costs
an
' v
experienced a substantial shrinkage in 1946.
showed
further decline in 1947 of $1,216,919, which was charged to
the voluntary reserve.—V. 165, p: 3099. ZZ'Zv,v;i? ;VZZ;'Z'Z.'ZZ
Dec. 20
June 20 Sept. 20
$0.11
Fund
a
X)r65,577
124,897
for
Net
follows;
Mar. 20
Union
produced
347,715
104,501
94,774
8,380
Earned
pared with $33,486,440.
Security values, which
Fund, 9 cents per share; Union Preferred Stock Fund, 27 cents
per
share; Union Bond Fund A, 17 cents per. share; Union Bond1;
Fund B, 15 cents per share; and Union Bond Fund, C, .6 .cents per
share.
the
to
Reserves
pay¬
Stock
On
rose
additions
Total
The
underwriting,
from
;KZ•:
$4,897,340.
$2,000,000
Dividends
income
1,113,329
—r-—__82,618
minor
x
•
Union Trusteed Funds, Inc.—Declares
the
to
$
5,294,703
384,928
^
contingent liabilities
Equity in undist. earnings of sub. cos. operating
$7,837,163, before Federal income taxes
of $2,387,929, and several
adjustments.
The company's net- income from operations was
retain
and
•
1,071,862
■.
__«
royalties and participations
exps, incl. foreign taxes on inc.-
interests',
for
Prov.
.
added
when
Vogel; Foreign Freight Agent in Chicago, will manage the
his present offices.
.Z-Z-;; Z'-Z-,Z'Z;Z...;.;ZZ-;Z,Z
Frederick L. Morgan, now traveling freight and passenger agent at
Pittsburgh, will become Foreign
Freight Agent at New York with
supervision over export-import matters on the Atlantic Coast.—V. 167,
Calif.
an
31
1946'
5,718,362
—;
—
film
foreign
Amortization
underwriting profit of $5,434,892.
.
• ; ;
'
Income from investments of $2,253,584 and other income of $148,685
leaving
AUG.
;■
Cr638,578
Provision
adjustment expenses, operating expenses, premium taxes,
fees, all on an incurred basis, amounted to $59,200,779,
and
licenses
I
and
of
expense
Minority
part. i'-1'-* ..■:-,Zv Z' "
■"Z-Z''
'• • '•
After the payment of $1,927,598, for reinsurance and the addition
of $7,486,183 to the premium reserve, premiums earned were $64,635,672.
Dept.—
Union Pacific RR.—To Expand Foreign
1947
' .V*. !'$.*'
years
greater
This
ENDED
YEARS
incl.
♦Amortization
company's annual report.
All important departments shared in the
increase, but automobile and workmen's compensation contributed the
par
of
Interest
Report
company in
1947 were $74,049,454,
1946 and 50%
over
1945, according to
royalties—
:
income
costs,
Relund
167,
this
of
FOR
.
'•
-
earned
securities
of
Oper. and gen.
^
•; •■••■,.'
United States Fidelity & Guaranty Co.—Annual
company
Oil Co. was
"Z
293.
p.
Subsidiary—
California—New
of
seven
Power
'•
sales of fixed assets—_______—_Z
exchange adjustments, net———
Total
Other
finance the purchase of the
& Light Co. expects to
subsidiaries by negotiating a bank
Dayton
in 1947
12 and Dec. 9, last year, which brought total payments
per share.—V. 167, p. 752.
■
-Z
Sept.
to
the
and
common
z'
■
on
Amortization
*■
,
-
—
discount
sales
on
Foreign
of
.
' ,'
.1
.
received
and
Profit, net,
which operate in Ohio, are: Bradford &
Gettysburg Electric Light & Power Co., Brookville & Lewisburg Lighting
Co., Buckeye Light & Power Co., Eaton Lighting Co., Greenville Elec¬
tric Light & Power Co., New Madison Lighting Co. and Western Ohio
Public Service Co..
Z
" i •>."
""' Z.
"V
Jurisdiction was reserved by the SEC over the following phases of
Unitea's liquidation program: Payment to holders of United's 79,441
shares of $3 preferred stock of $43.15 a share plus accrued dividends;
payment to its holders of 69,479 shares of $2.75 preferred stock of
$42.3875 a share plus accrued dividends; and payment of a $5 a share
dividend on its common stock. "
/zZ.Z-v Z Z"Z,Z
the usual quarterly dividend of 50 cents per share
stock, both payable March 12 to holders of record
Extras of 25 cents each were also paid on April 15, June 14,
share
per
Profit
Z
,
all
'
rentals, theatre admissions, sales, etc.—— 164,643,273 158,613,438
Interest
20 received permission from the SEC to
step in its liquidation program, to the Dayton Power &
for $7,830,000, all of the outstanding securities of seven
subsidiaries,
i.
i
Dividends
Feb.
on
-Z
(I<
Rents from tenants and
Z:!
■■
subsidiaries.
its
The
income
Federal
including
Step Au¬
Corp.—Divestment
''' Z••
ZZ'Z':
ACCOUNT
INCOME
'
1. z
Utilities
Public
corporation
sell, as a
Light Co.
taxes.Z; ZZ>. ZV i ZZ'■/
Sales for the nine
months'
period totaled $17,507,026, compared
w.th $11,241,922 for the same period a year ago.
Tonnage produc¬
tion for the same per.od reached a total of 4,988,748 tons
as com¬
pared with 4,257,360 tons a year ago.—V. 167, p. 693.
After
Z;'Z'ZZ T./.'
2424.'
p.
thorized—
$1,901,194
985,107
$1.93
$819,668 $3,251,124
985,107^,. ;. 985,107
$0.83
'.$3.30
$1,497,190
9o5,107
profit—
166,
Film
1948—9 Mos.—1947
1948—3 Mos.—1947
Period End. Jan. 31—
z
Pictures, Inc.—Annual Report—' Z*
Brothers
CONSOLIDATED
,
United
Truax-Traer Coal Co.—Earnings—
were
13, last year, which brought
June
Warner
13 to holders of record
also, disbursed on March 13,
total payments in 1947 to $1.60
March
of 30
Extras
5.
both payable
cents each
stock,
common
March
v;
Iraq,' in the lower Euphrates Valley near the
Persian Gulf,
becomes the 16th country on TWA's overseas system
with the inauguration of this service.—V. 167r p. 752.^Z-ZZZ'Z
The
p.
477.
I r^r>ntinnorl
rm
nacfp
60)
1,279,520
Volume
167
Number 4677
THE
COMMERCIAL
Stock Record
A
FINANCIAL
CHRONICLE
(949)
New York Stock
«»
Exchange
DULY RANGE OF PRICES
<
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
essa
Range for Previous
STOCKS
Year 1947
Lowest
Range since Jan. 1
Highest
NEW
Lowest
Highest
YORK
66 % May
90
87%
Jun
110
„
Jan
$ per share
66% Feb
July
80
$ per share
■.
•)-•■
'
2
Abbott Laboratories
Jan
8
Abraham
&
Dec
10%
Feb
4% Feb
6% Jan
9
ACF-Brill
43%
Apr
60
Oct
45% Feb
52% Jan
5
Acme
13 % May
18%
Oct
38
55
Jan
43 '/2 Feb
40%
Oct
28 V2 Feb
May
6
10 y2
Dec
Nov
3%
6%
27 y2
90%
10
y2
164
Nov
18
Inc
2% Feb
Feb
30
Jan *
Dec
25
247/e May
8%
7
Allen
5
Allied
19
Jan
20 %
65%
22
28 % Feb
Jan
11
39% Jan
5
Feb
25
92% Jan
8
27
20
83% Feb
11%
Dec
Feb
7% Jan
6
43
Jan
19
Feb
Alpha Portland Cement
Amalgamated
12
13
51% Jan
6
2
25
Apr
52
Jan
10
Dec
77%
Jan
58% Feb
9
64% Jan
17%
Feb
10% Feb
13
11% Jan
50
Feb
37% Feb
13
42% Jan
107% Jan
110%
3'/a May
75%
166
7%
Dec
99
Dec
196%
36
May
94
May'
88
11
6%
5
4%
Dec
4% Jan
8
Amer
76% Feb
6
80 % Jan
9
American
21
175% Jan
8
38
Feb
11
43% Jan
9
94
Feb
24
100% Jan
21
1 a% Feo
24
22% Jan
8
Amer
Feb
Aug
43
Feb
25% May
46
3% May
6%
American
28
106% Jan
15
Feb
24
50 % Jan
13
American
16% Feb
4
19 % Jan
5
Feb
16
88
Mar
Feb
Jan
88 % Jan
10
94% Feb
11
Jan
25
Feb
26
Feb
5
.Tan
5
2
106.
Z2 'i
Jan
15
24
16
Jan
22
17% Jan
2
,Tnn
5
2% Jan
2
Amer &
86
Dec
7%
74%
37
115%
Dec
25%
5% May
55
89% Jan
26
9
11
8% Jan
77% Jan
12
20
40
10
Apr
Jan
7
7% Jan
5
Jun
50
Feb
13
53
Jan
20% Feb
11
24% Jan
6
preferred
Jan
6'/8 Feb
25
13
14%
18% May
30%
Dec
116
92
Oct
Nov
13% Jan
7% Jan
5
13
92 v.Jan
13
11,
Jan
10% Feb
12Jan
/
15% Jan
5
Feb
19 % Feb
27
Jan
95% Feb
2.
27
30
22 % Jan
8
104 % Jan
•
t per share
18%
80
Junr:
28%
101
Decs.
x25% May
127
:'•*
,
15%
147
Dec
I per share
Sep
16% Feb
79% Feb
6% Feb
11
24% Feb
14
July
126
Feb
14%
Feb
39%
Feb ;
16%
Feb
85
Dec
129%
Feb
81
76%
Dec
117%
Feb
Feb
12 % Feb
7
11% May
170
17
Dec
24%. May
99
186
: 9%
Oct
J0%
172
40
136%
Dec
July >
Mar
Dec
158
Jan
25% May
23 V* Jun
37
21
:
26%
68%
84%
Jan
12
14
46% Feb
*
11
Feb
11
13
133
56% Jan
151
Jan
34% Jan
140
Jan
2
9
9
.
18
Jan
.148% Feb
60% Feb
13
24
21
13
27
5
69% Jan
142% Feb
2
116% Feb
27
119% Jan
5
31
Dec
7
Feb
11
8
Oct
38% Feb
27
44% Jan
Feb "
95
21
99
Jan
Jan
Common
S%
7%
7%
65%
*37%
38
x37 %
37%
5%
5%
Feb
10%
Jan
' Feb
17
69 %
Apr
62% Jan
16
64
Dec
21%
22
6%
Mar
6
10
90% Feb
10%
15%
9
30% Feb
11
34% Jan
9
30
Feb
10
38
2
51
Jan
Jan
32% Feb
26
101%
Nov
111% Mar
9« % Feb
4
46%
Jan
58% July
47% Feb
17
53% Jan
6
38 % Jan5
104% Jan
$4
6%
*24%
7
7
*6%
6%
25
25
*25%
*126
128
6%
-
12%
*165
10
*126
10%
39%
25
138
135
27
*23%
19%
36%
122 %
18%
18%
v
149%
*61
*48
61%
62%
140
48%
117
*7%
Smeit
com
&
Cable
1
:__25
__50
6
*58-'
31
14%
Apr
24%
Dec
18 % Feb
11
23% Jan
2
9%
Dec
16
3%
Jun
Si
Co
Oil
Jan
9% Feb
10
10
Jan
5
Andes
6%
Feb
4
% Feb
11
5
Jan
5
A
3|%
Oct
28% Feb
14
',34% Jan
2
Archer-Daniels-Midland
Corp
Mining
Products
Co
Inc
7
:.v-// 7
7
25
*24%
128
126
7%
•32%
126
30
*7%
7%
100
32%
:>y
32%
800
6%
83
83%
1,300
73%
72%
73
1,500
13
/'.,. 26%
6%
13%
6%
12%
170
*165
13%
8,300
*•"
26%
92
92%
92%
92%
10%
10%
10%
/:. ,10%
17%
16%
16%
39%
v.":
49 %
143
31%
138
39%
48%
:
142%
31%
*133
39%
17 /
39
48%
48%
143
)
142
31%
133
120
1,300
' 1
500
39%
510
■49
5,000
142
170
31%
138
12,900
<
10%
17
31%
500
133
30
23%.
*23%
23%
23 V4
23%
500
*19%
20
00
149%
61%
7
62%
62%
140%
=•
48%
117
19%
37
*36%
36%
*120%
123%
18%
*18%
18%
*18%
149%
150;/
149%
150
61%
63%
142
49%
117
61
62%
141%
49%
116%
20
*19%
37
124%
*120
Bl
60%
63
62%
142%
49%
141%
'
800
/
100
149%
15,200
61
1,400
63
6,000
370
48%
49%
3,300
116%
116%
7%
7%
7%
7%
7%
7%
x40 %
40%
39%
40%
38%
39%
190
7%
41%
*95%
97
*95
97
*95%
97
*83
88 %
*81
88%
*78
85%
6%
*6
6 %
6
6%
62%
*57
31%
31
62%-V
31%
32%
34 %
32%
33%
*99%
100%
*99%
100%
32%
48
33%
10
20
20%
20%
20%
*8
9%
*8%
10
5
*4%
4%
*4%
No par
>29%
30 y4
*29%
4%
30
31%
33
*33
*99%
48
20
*57
;■
63
31%
34
*57
31%
34
63
31%
34%
96%
*78
*/■■'
::./•(
6
*56
31%
33%
1,700
/
13,400
95%
100
85%
6
;
■' :, /•
1,500
62
31%
15,500
34%
1,120
33%
32%
33
100%-
*99 %
101
*99%
101
48
*46%
48
*32
33
48
'
100
18%
./.
142%
■;
117
300
36%
123%
7%
6%
"
......
26%
88%
.
7,000
-
170
26%
41%
32%
800
83%
97
48
60
25% •••'
2,300
O
48%
6
800
600
;
26%
*35%
117%'
42
Shares
"
25%
*120%
141
*33%
*46%
17
80
26%
19%
lg.50
21%
Sales for
the Week
23%
'•
No par
com
Friday
Feb. 27
$ per share
26
-
37
48
600
26%
20
62
4,200
x26%
122%
No par
Corp
*31%
*133
27%
'24 ■'
*117
7%
4.1%
32%
135
149%
63
*116%
48%
18%
63
141%
*39
142
149%
149%
.
39%\.
49%
143
*18%
.
No par
.
36%
62%
5
"
20
*140%
100
17%
124%
25
Inc
10%
17
32
23%
36
10%
33%
19%
96
17
*105
92%
48%
27
*19%
92
143.
200
19%
95%
6%
13%
92
*121%
100
common„14
CLOSED
32%
26%
100
EXCHANGE
15%
20
73%
26%
/'<■
*15
500
33%
/"
170
26%
17
144
*135
*165
26%
10%
STOCK
48%
48
Xl2%
170
92
17%
*38%
;
6%
26 Va
"10%
*23%
>5
*165
700
10%
97.
*7%
73
26%
5,700
6%
95
10%
15%
1,900
21%
6%.
*80
10%
32%
83%
73
*143%
*32%
No par
6%
83
73
13%
21%
6%
80
*126
7%
82%
13
21%.
95
1,000
5%;
17
24%
32
*82
92%
*17
100 :
6%
37%
51
7
128
*72
170
•
26%
No par
*7%
32
73'
13
*92
5
6%
3,000
81
16%
25%
83
'
.
300
7%
*80
7%
7%
74%
5%
Feb. 26
81
31%
5,000
64%
*49
$ per share
17
81
7%
100
common
xl7
81
6%
128
No par
Copper Mining™.
Copper
16%
700
2%
*37%
5%
1.300
1,200
7%
Thursday
$ per share
*80
25
*126
25
preferred
W
16%
81
:
31%
B
Anderson,
P
$ per share
16%
*80
.
Wire
"
7%
Tobacco
Clayton
Anderson-Prichard
For footnotes see
page 24
S per share
*83
Anaconda
5%
14%
'
*63
54
900
4,500
16%
•
*73%
7%
4,600
PRICES
Feb. 25
*16%
1
19%
*95%
Wednesday
31%
100
&
SALE
15%
20%
S per share
100
Co
Anchor Hock Glass
5
HIGH
10%
100
Feb. 24
*7%
com
prior conv preferred™
Anaconda
AND
*80
15%
20
*95%
Tuesday
$4 conv prior preference--_No
par
Lead
*15
6%
11
Feb. 23
*95
Zinc
*10%
15%
*15
21%
95
10%
10%
*49
6%
*80
Monday
*100
*5
22
6%
95
*30%
preferred
Amer
21%
6%
*80
97
No par
Woolen
25%
2
37%
5%
54
20
No par
com
Foundries
Co
99
5%
66
*37%
5%
*49%
1
preferred
7 %
2
7% Jan
22
*6 %
95
5%
54
19%
No par
preferred
Water Works
American
9
85% Feb
5%
*49%
7%~
*64
___
35
25
74
1,000
90
98%
•
2%
74
200
34%
5%
2
75
*64%
No par
com
preferred
5%
Am
5%
2i/8
74%
7%
*15
100
common
class
2
76
65%
*10%
No par
American Tel & Tel Co
American Tobacco common
9
103%
2%
74%
LOW
American Viscose Corp
5%
Feb. 21
Co
Sumatra
5%
7%
Saturday
preferred
American
13
Jan
Aug
non-cum
7%
26
60 Va Jan
2
15
55
*6%
No par
5
6
14
5%
97
American Sugar Refg common™_100
68% Jan
26%
*26%
*64 %
*80
No par
6
8
25
20
2
153% Jan
26%
99
Stove
12
26%
19 %
American
Dec
Apr
*26 %
98 Vt
5
19% Jan
99
1
24% Jan
42
30
*5%
Ili____T
Stores
38%
Nov
of
Steel
Jan
99
7Va
22
American
39 % Jan
99
67%
*49
1
American
30 % May
35
1
9
129
99
38
38
50
12
36%
Dec
com
26% Jan
14
50%
7%
*64'/a
10
29% Jan
46% Feb
110%
No par
Co
•
v
98%
50
700
17%
*88
35%
14%
Safety Razor
Seating Co
Ship Building Co
Am 8melt Si Refg common
7%
preferred
6%
17 V*
90
16 %
Amer
26
171/4
35i/8
14%
preferred
Snuff
16%
*88
35 %v
16%
American
American
161%
90
35%
1,700
18
14%
No par
Mill
161/4
*88
36
V
44
18
16%
American
62% Feb
Jan
Jun
9
19
16%
18
14%
100
Rolling
*17'/2
98%
76%
300
106 %
*43%
16%
*74%
1,300
1°%
*104'/4
44
14%
preferred
conv
18i%
IDV'4
105%'
-
16%
72%
7%
*18
20'/a
IO51/4
14%*
common
San'y
*43
90
*5%
400
40
96
16%
Co
Light
43i/2
35%
5%
83
12% Jan
40% Jan
1C %
*88
;
170
40
*93
14%
No par
4% %
136% Jan
8%
/:
\x> *<•
27
No par •
American
Feb
Dec
120%
Dec
»* 5*
106%
43
17%
*
19%
*106
43
17%
4,200
3,100
.
'
106 %
43
99
*26
preierred
5
163% July
60
*106
35%
*97%
preferred
$5
5
14
31% Feb
Si
Amer Rad Si 8t
27
11
142
Power
Jan
38% Feb
34% Feb
Feb
Jan
32% Jan
101
16 % Feb
.
122% Feb
Feb
Apr
176
11.
Feb
Oct
82%
May
10 % Feb
Dec
174%
5% May
Feb
24
May
62
9
19% Feb
Jun
Dec
90
9
14% Jan
Jan
20
41% May
xll6% Oct
7%
12
85% Jan
27
Apr
61%
95% Jan
13
27
47%
135
11
21
27
146%
62
Feb
29 %
Oct
20
168%
40 %
96
16 %
News Co
Amer
Feb
May
35%
STOCK
Molasses
American
23% Feb
May
149%
American
>8
25 % Feb
34
18%
2
13
8% Jan
Feb
116
14
8% Jan
28% July
Jun
Jan
32% Jan
;
17
Dec
19%
170
40%
*93
2%
2%
preferred
17
11
Dec
19 %
10
78%
14%
Machine Si Metals
No par
American Metals Co Ltd com_No
par
6%
preferred
100
18
172
Feb
May
2
132
28
32
19%
167%
40%
941/4
18%
16%
DO5
1,000
700
3%
78'/4
16 %
Amer
72% Feb
Feb
48 %
40
941/4
10%
*88
Par
cum
168%
39%
94
11
.1,000
105
4
78%
*2
Amer Mach & Fdy Co com
3.90%
168%
104%
3%
78V4
29
106%
300
18,800
38
104
103%
4
79
37%
*16
■
10
Jan
142
9
7
168%
104%
94
100
Feb
25% Feb
42%
*167%
4
78%
39%
*106
EXCHANGE
..
104%
4
75%
38
*14%
__
Locomotive
.
/
1,200
38
40c
common
Feb
90
22%
4
38
No par
preferred
/
10%
19%
Inc
SS
American Investment
38'
104 %
•
;
62%
57
19%
19%
96
lr %
10
37%
78 %
167%
39%
6%
non-cum
preferred
100
American International Corp_No
par
7
Oct
15 % May
167%
*94
16 Va
preferred
Home Products
6% Feb
Feb
34
4
79%
No par
29
:
Feb
16%
2
8% Jan
28% Jan
,
Jan
84% Jan
.
27
37%
Aug
Jun
20
11
109%
>
May
$ per share
5
Feb
Dec
28% May,
4
*104
'
Hide & Leather
t
20
621%
56%
1,500
/
,
37%
104%
79
No par
NEW YORK
Highest
.
Jan
32% July
Dec
8%
Lowest
$ per share
Dec
7%
*103%
10
conv
Range since Jan. 1
Highest
19%
*10 >,'8
10%
STOCKS
Year 1947
57
63
100
American
Range for Previous
Lowest
56%
*10%
*17%
com
Hawaiian
7%
8
*61
*4.1%
com
preferred
American
86%
43%
7%
11
10
$7 2nd preferred A
12
84%
43%
7%
62%
38
■_
86
*10%
38
1,600
■
.
43%
*61
7%
57
19%
700
5%
51%
7%
11
57
300
25%
51/4
com
Export Lines
Foreign Power
American Ice
86
300
3,200
*43%
62%
No par
American
6%
43
7%
83%
*47
19%
100
Co
Cyanamid Co
American
87
43
8
8,300
88
25%
5%
51%
19%
No par
preferred
$6
.
5
Jan
106% Mar
May
$7
8
16
5% Feb
Oct
Feb
Feb
37% Jan
10%
May
102
x65
Feb
31
x34%
9% May
12
.7
Feb
Apr
9%
* Jan
6
Feb
101%
*
227/§ July
90
74
42%
Dec
July
49
Jan
Jan
841/4
;
26%
5%
*47
500
4,900
■V
35%
*86
*10%
100
American
9
Feb
84%
*26
5%
51
83%
35
88
*61
No par
14% Feb
lb
6%
26%
5%
*46
84
35%
35%
11
5%
17% July
26%
*83%
*86
62
1
20% July
83%
35%
86%
*10%
No par
com
Inc
Encaustic Tiling
American European Secur
Dec
27%
**60 %
preferred series A.100
Distilling Co
20
Dec
19
29%
26%
20
conv
Jun
19
28%
20
American
-
19%
29%
27%
56%
American
12
6% Jan
3%%
19%
29%
56%
1
.
2
...
pdry
Cable
Chicle
American
2
30% Jan
conv
1,900
57%
25
Coiortype Co
American Crystal Sugar
4% % prior preferred
10
40 % Jan
5
33 % Feb
Oct
19% Jan
13
5%
174%
57%
100
American
13
v
Corp
common
fur
16
..
Radio
<Si
173
7%
100
preferred
Cnain
104 % Jan
48% July
118%
&
Can
1,000
17'4%
7%
No par
com
preferred
7%
Feb
Co
_
10
27
83%
44
4,900
92
9%
1
Corp
Shoe
preferred
Cable
7%
Feb
102
Dec
conv
167% Feb
26%
Dec
Bosch
Brake
25%
*86
9%
7%
100
,
30%'
35%
5%
83%
25
3,200
..
26%
86
51
*42
6,800
74%
26%
174%.
19%
3
39%
*72
92
9%
2,200
80
2%
30%
27%
*47%
25%
8,700
39
75
*86
9%
35%
5 Va
■
26%
88
27
5%
51%
*72
10
-
4
26%
'
83%
35
74
5,900
14%
*77
3
39%
10
preferred
preferred
Amer
Sep
56
*83
*86
80
2%
39%
2,600
102%
0%
14%
50
conv
Bank Note common
American
Jan
24
cum
Mar
110
Dec
38%
3% Feb
1
3
39%
1,700
7%
102%
4
*77
175
19%
30%
26%
I
CLOSED
28 V*
5 %
*46
174:
19%
'
r
30%
23
15
/ 14%
4,500
23%
7%
102%
"p:A
92
9%
174
%
EXCHANGE
84%
American
9
}
43%
54%
Sep
101%
Feb
26
*27%
1
50
Corp
87
84
28%
105% July
47% Oct
18%
103% Feb
com
STOCK
35
87
25%
*86
9%
26 V*
84
35
*42
115%
20 y2 May
19
Nov
Petroleum
3%%
12
May
*83
No par
2
May
Co
preferred
173
26%
Agricultural Chemical_No par
American Airlines common
1
5
9
Dec
*2 )
Amer
9
36
107%
30
26%
*72%
26''a
*19
*29%
No par
Leather
convertible
Amerada
21
Feb
21% Jan
•;
6%>
9
8% Jan
59
v.
19%
Allis-Chalmers Mfg common_.No par
3%% cum conv preferred
100
9
Jan
106% Jan
20,
*19%
31%
*99
.
15%
80
2%
,
92
9%
No par
Inc
6 % Jan
50
26%
5
Co
3
.
900
15%
45
30 Vt
8%
23%
1,100
49%
14%
30%
8%
4% %-
*77
74
*86
10
49%
*43
23
T02 %
14 7/8
39%
1
5
15%
45
30%
23% '
4
'
80"
39
*72
173%
Co
30% Jan
10
Mar
31
May
Feb
>
/'/;//,/ 1
173%
Mills
12
Jan
;;
No par
Allied
89
'.
4%
1,600
80
49%
15
8%
22%
*98
4%
•'.15 :
-2%
-
92
*9%
Allied Stores Corp common___No
par
4%
preferred
100
31% Jan
o'/a Feb
Dye
3
26T'8
*86
1
5
33% Jan
11
25% Feb
Feo
&
26%
par
gtd_100
9
27
25
86
Ry
Inc
?
'
102%
*77
74
Kid
33 >/2 Feb
Oct
Chemical
'
39
*71
Allied
30
/ Feb
25
Dec
50%
21% Jan
83% Feb
107
80
2%
*38%
West
&
Industries
80
1
.
14%
49%
Shares
69%
*76%
5%
*43
30 vb
*8
80
'
23
;//;: 3%
14%
100
preferred-No par
6%
5
Jan
47
Dec
common
conv
*98
i 4
*77
preferred A
prior
Corp_No
Jan
Apr
Dec
100
Allegheny
11
14%
'
%
46
30
8%
22%
69%
69%
5%
15V4
*43
30
8 %
<
.
102%
3%
5
Allegheny Ludlum Steel
190
51
34 y2 May
5
11
Mar
50%
30% Jan
11
Jan
73
$2.50
8% Feb
Oct
35
5y2 May
Feb
5% %
8%
15
45,
30
69%
5
49
the Week
$ per share
*70%
5
Sales for
S per share
80
49
15%
*43
22%
*98
10
common
Allegheny Corp
2
171 y2 Feb
Feb
99%
2
_100
preferred
17
Jan
Apr
39'A Mar
Jun
72
Nov
105% July
42% Oct
30% May
3% Jan
41% Jan
Feb
4% 7
Nov
36%
29% May
46
Aldens
37
22%
90
■
Alaska
5
20
70% Jan
12%
May
91
24
Jan
Jan
4 Yt Feb
8%
22%
No par
Si
21
Jan
Feb
202
1
Reduction Inc
*76%
Friday
Feb. 27
Feb. 26
-
69%
5%
14%
29 3'4
80
3% Jan
'
46
*29
Corp
Alabama
15
*43
14% Feb
Nov
104
Dec
May
Air
8
27
14%
No par
63
48%
48%
Thursday
Feb. 25
$ per share
80
*5
48%
PRICES
Wednesday
69%
*76%
Corp__10
80
Feb
Jan
48 y2
Admiral
21
69
5%
40%
1
Corp
Addressograph-Muitigraph
Jan
•'«
10
Adams Express
Adams-Mlllis
9
8% Feb
2t>
Co
SALE
$ per share
80
5
HIGH
Feb. 24
1
69%
*76%
2.50
AND
Tuesday
Feb. 23
S per share
69%
No par
Co
Vicksburg Ry__
Juneau Gold Mining
44
Dec
27
Jan
Straus
Motors
Steel
102 % Feb
Jan
76%
Jan
2
46 % Jan
7ya Feb
102
102% Aug
5% Feb
2% May
25% May
17% Jan
36
22% Feb
Feb
31 y2
Dec
Dec
56
Feb
112
Dec
16'/a
75
Feb
38%
May
25%
100
14% Feb
No par
com
Monday
Feb. 31
$ per share
Par
„
90
5%
30% May
Saturday
J
79% J£tn
13
Feb
STOCK
1
'
.
$ per share
LOW
EXCHANGE
.
Sper share
*
48
20%
20%
20%
20%
19%
10
*8%
10
*8
600
20%
*85/a
10
*4%
30
48
4%
*4%
30%
*30%
4%
31
*4
*30%
4%
30%
50O
5,200
-
■
—
300
13
"
Monday, March 1, 1948.
(950)
14
Range for
STOCKS
Previous
15%
Dec
130%
11% Feb
Oct
14% Jan
27
106
Jan
Jan
91% Feb
38 V*
Jun
55
Jan
41% Feb
10
49 % Jan
Dec
110
Feb
88
Jan
29
94 J/4 Jan
14
Sep
19
Jan
14
Feb
5
14% Feb
Arnold
15% Jan
Artloom
$6 conv
Armstrong
'
17%
Feb
12% Feb
17
137/a
Dec
20%
Feb
13 % Feb
25
99
Dec
132%
Feb
100
Feb
16
108
Jan
17
99
Dec
134
Feb
96
Feb
11
102% Jan
12
25
Dec
34
Sep
26
Jan
5
28% Jan
12
66
May
99
Jan
84
Feb
11
97% Jan
5
X98
Dec
112
Feb
98
Feb
27
1011% Jan
12
Feb
14% Feb
11
17
15 J/4 Jan
.
Illinois
prior preferred
Cork Co com
6%.
1st
7%
2d
$ per share
11%-'
l2Vs
97
97
11%
12 %
No par
96 %
97
No par
45%
45%
90
90
*89%
"14%
14%
*14 V8
14% '•
*13
14
*13%
No par
_
preferred—
preferred
98
14
5
(
*08
104
'102%
98
100
46
48%
90%
90%
*14 Va
14%
13%
13%
13 Va
13 Va
13 Va
/
13%;
13 %
13%
46%
90%
*14%
>.'■ Y
13%
'
105
103
1
103
.
•
14%.-'
*96
98
96%
96%
•Y-. ''97 %
*26%
27
26%
28%
26%
89
89
88%
89%
89
90
99
99 Va
98 %
99
98%
15
15
15%
15 %
15%
45%
45
45
46
46
40%
43
40%
41
77
77
77
77
'*97%
700
1,700;
46%
190
91
*90%
14 Va
100
13'/a
13 Va
600
13 va
13 '/4
14 Va
•;
/Y
104 Y '
,104
105
*102%
27
'»
>
;Y
99
•
46
46%
X90 '/a
'
13%
*102%
Y
46
13%
13%
common—1
100
100
Goods
98
90%
45
•
r
ll7/a
11%
12
11%
"[Shares
1Q.700
$ per share
$ per share
'
.
12'/a
18%
10 % May
34%
Jun
23 y2
;
Atch
5«%
Atlantic
24
50% Jan
2
6
46% Feb
27
Jan
22
77
24
Feb
Feb
Dec
30
Feb
21
38J/2Jan
113%
Sep
102
Feb
9
1071% Jan
91
Dec
105
Aug
91
Feb
9
26% July
20
Feb
21% May
Feb
Jan
11
22% Jan
2
13
64
Jan
114
73
July
Dec
121
July
107% Feb
24
Jan
20% Feb
25
Feb
5% Feb
27
55
100
10
preferred
Inc_:
Line
Coast
G &
W
I SS
Atlas
27%
9
4■,%
20
Atlas
B.
5% May
12%
7% Jan
,
29
Austin
,
'
50
97%
97% (
27%/
27 V4
08%
89%
87%
88 Va
98%
*98%
98%
98
98%
1,400
15%
xl4%
14%
14%'
14% /'
1,100
45%
l45%
13
Dec
18%
Feb
Jan
26
131/2 Feb
17%
Dec
29%
Jan
14% Feb
27
19
«Jan
10
15 %
Dec
27%
Jan
16% Jan
6
19% Jan
8
4% May
7%
Feb
4% Feb
26
5% Jan
29
7
13
Conv
5
Avco
36 Va
Dec
49
Feb
35% Jan
22
38
Jan
7
13
Dec
16
May
13% Feb
11
14% Jab
10
137/a
Dec
24%
Feb
12% Feb
27
15% Jan
Corp
Mfg
$2.25
*93%
20
20%
X20
x57 %
107 Va
58%
107%
22
*6
57%
6
6
EXCHANGE
4%
15%
4%
4%
4%
4%
-
*36%
CLOSED
36%
36%
14%
37
14%
2
36%
*14 Va
12%
12 V4
12%
10%
10%
10 J/4
10% '
14
14%
14%
15 f
61
61
61 %
62
42% Feb
24
511% Jan
10
42%
42%
11
24% Jan
9
44% Jan
5
4% %
11
37% Jan
2
Brothers
Oil
19%
Feb
9% Feb
24
11'A Jan
8
Bath
24%
Nov
'19% Feb
11
23'% Jan
2
35%
Dec
62
Jan
31
Feb,13
38
Jan
7
Beatrice
83%
Dec
Jan
85
Feb
2
90
Jan
8
17%
Dec
16% Feb
26
18% Feb
9
96%
Dec
Foods
33%
*9%
9%
Co
140
*42%
43%"
42%
42%
700
*21%
22%
*39
41
22%
*39
41
.
•;
-
,.
34 3k
34%
34%
J
21%
YY
,;21%
300
41
'
*39
34%
YY/ 9%
9>/4
800
*19V1
20%
200
33%
33%
33
33%
500
87-
87
250
16%
16 3A
700
*92%
94%
*9%
9%
*9%
YY*20%
20%
*19%
35
*33
35
100
*85
t'6
*85
86
2.50
100
17
17
34'!
-
5,800
20
9%
*33
337a
•'
33 %
9%
33%
20 Va
9%
25
common
63
22 Va
20 Vs
..
63
Y; .(14%
:
33%
"20 V8
1,200
15
64
22
>
4,200
14%
*14%
*62%
43
41
16%
16
17
16%
14%
*62
42%
*39;:
20%
Corp
17%
5,300
12,300
64
14%
•••
42%
Y 22
41
*33%
1
Bayuk Cigars Inc
Iron
*39
No par
Works
Dec
Jun
*22
5
17
16%
/42%.
22%
10
Co
16%
16%
50
common
preferred
18
8%
16%
100
preferred
Aroostook
Barnsdall
Barker
400
12 Va
11
commoit___50
18
'14%
14'/a
12%
preferred
100
Barber (Asphalt Corp (Delaware )_10
Feb
14%
14 Va
12%
5%
Feb
14%
'.
..
10%
Bangor
.
38%
10%-
2
20% Feb
37%
12%:
9
40
37 Va
12%
63% Jan
,31
36 Va
10%
11
Dec
800
36%
10%
Feb
Jan
13,900
12%
60
28% July
300
4%
12%
Feb
39%
2,400
19
4%
■
10%
15 '/a Feb
54%
:: Y
4%
%
13
Works
Ohio
131/a Jan
Dec
4
'
20% Jan
Apr
13%,
*12%
300
13%
10
May
5%
14%
11
18
5%
*18Va
11
20%
6
*12%
15% Feb
45%
800
*20%
16'/a
10% Feb
,
70
24
24
6
14
110
*108
110
18 Va
13% Feb
55'%' Jan
58%
*20%
15%
Feb
Dec
59%
380
18'/a
Feb
42%
59%
59
16%
Feb
&
3,700
14
Inc
non-cum
20%
18%
16 Va
r/o
20
18%
25%
4
20
20%
20
16
16%
Conv.
IcO
95%
6%
*12%
3.900
30%
103 Va
*94
*108
21%
*
30%
103 Va
31
14
Locomotive
5
300
16%
9% May
69
10,100
18%
7% May
Jan
:
81
18%
STOCK
18%
11 M» May
60
41 Va
*74
common—-100
Baldwin
Baltimore
500
46 YY
46%-
*44%
/
94'/a
-
110
•
*6
V
9
&
3,800
16
16%
4%
1
(B
500 '
103%
58%
20%
14
*12%
14
16%
*18
*108
21
6%
*12%
No par
of Amer—5
21
58%
.
B
Babbitt
';
*93%
20 Va
110
(The)
T)
v
'
'
/
42
80
30%
94%
22
common—3
preferred
No par
conv
•
103%
20
20
5c
Canteen Co
31%
103
93 %
*106
Co
Automatic
30%
103
103
93%
No par
prior pfd ($1.20)
Autocar
41 VB
*74
95
*93%
100
common
31 Va
103
No par
Corp
Nichols
102
*57%'
preferred
conv
/Y
100
-
98
27%
»
r
30%
30%
30
102
No par
$3.75 series
Tack
76
A__100
100
5
'
22% Mar
41%
76
100
25
Atlas Powder common
9
Jan
38
common—_1
Corp
241/2 Jan
45%
No par
RR
Lines
non-cum
Preferred
6
Apr
57
111%
97
com—100
preferred
Atlantic Refining common
4%, conv preferred series
13
40
Apr
F
5%
2
Nov
31 Va
T
Atl
105
Santa Fe
&
non-cum
A
68
45
Topeka
2
25% Jan
Feb
Mar
77
Jan
62
Feb
59
40% May
/
Jan
—10
34
•
110%
20% Aug
108%
95
Feb
5
100
Beck
29
Beech
Aircraft
12
Beech
Creek
9
32% Feb
5
37
Jan
5
Oct
14% Feb
16
16% Jan
5
V* Jan
15% Feb
11
18% Jan
30
Bell
Aircraft
18% Feb
20
24 % Jan
2
Bell
&
29
Dec
Jun
39 % Mar
18%
10% May
18
16% May
24%
30
Jan
11%
'94
Feb
6
26
106% Aug
Feb
11
94% Feb
Dec
28
May
39%
Feb
Sep
25%
Nov
16% Feb
11
21% Jan
2
21Va May
28%
Jan
23 % Jan
20
24% Jan
5
80
77%
Dec
103%
Dec
35%
Apr
32%
Aviation
Cum
24%
24%
24%
Feb
17
32% Feb
19
Best
Foods
1
25%
25%
25 Va
26
26
27
Jan
1371% Jan
9
62 % Jan
8
13%
18% Jan
12% Feb
26'
14% Jan
14
35
Electric
Birmingham
•
Range since Jan. 1
Lowest
Highest
$ per share
$ per
Jan
No par
Co
13 %
31
11
xl3
"Feb
11
15% Jan
Feb
27
29% Jan
Bliss
18%
Dec
15
Feb
11
17% Jan
33
Feb
25
37
21% Feb
10
26% Jan
No par
Co
Blaw-Knox
23
24'%
-
41% July
Oct
Nov
59
Feb
30% Feb
13
33% Jan
30
116
Jan
84
Feb
27
96
Jan
12
Bon
Dec
67
Jan
42
Feb
5
51
Jan
19
35%
Feb
20% Feb
27
26
% Jan
5
•
49%
Jan
Feb
Ami
Class
41% Jan
17
11
54% Jan
5
Jan
2
Feb
2
Borg-Warner
3%%
cum
3% Feb
16
4% Jan
5
Boston
38
91
6%
Feb
Feb
34% Jan
21
36% Feb
8
8% Jan
Borden
6
7% Jan
30
May
Dec
13%
Feb
Dec
96
Jan
&
15%
Co
5
*31
No par
*87
*43%
1
Corp
—15
*45
2
Bridgeport Brass Co
__No par
*9%
Briggs Manufacturing
Briggs <fe Stratton
__No par
28%
Feb
Brewing
10
Feb
25 % Feb
11
29 % Jan
2
Jan
29% Feb
13
37
6
Nov
109%
Jan
90
Dec
93% Feb
5
15%
Dec
28%
Feb
16 Va Feb
21
18% Jan
25%
Jun
36 %
Jan
27
Feb
26
32
Apr
96% Jan
Jan
of America
Corp
15
No par'
30
9
Brooklyn
Union
Brown- Shoe
14'
Gas
Co
Inc
Dec
106%
Apr
90% Feb
13
94
Feb
5
20%
Dec
27%
Feb
17% Feb
16
21% Jan
5
Brunswick-Balke-Collender
20%
Nov
16% Feb
11
19% Jan
5
Bucyrus-Erie
Dec
122% Jan
6
123 % Jan
19
7%
Feb
20
10% Jan
5
Budd
13 % May
125
Jan
May
Dec
14%
Feb
8
67% Feb '27
86%
Feb
25% May
37%
Nov
Dec
102 Va
Apr
83
14% May
23%
26
38%
May
May
22%
Dec
104%
100
May
Jun
95%
12% May
16%
14
2
Buffalo
Feb
4
Buff
16% Feb 27
18
Jan
7
Bullard
29% Feb
35% Jan
6
Bulova
Feb
Feb
Feb'
16% Feb
Feb
84
14
11
21% Jan
5
2
Bush
30
Bush Term
2
Feb
12% Jan
89
Jan
3
Jan
98% Jan
15
104
Feb
3
Oct
23% Feb
11
28
Jan
2
2
California
Yv
3% Feb
1% Feb
5
•
33% Jan
53
Jan
2% Jan
6Va Feb 11
7% Jan
2
24% Feb 11
30% Jan
5
12% May
17%
33%
Nov
Apr
May
48%
Feb
13% Jan
16
Feb
108% Jan
13
Feb
38% Feb
11
15
Feb
9
115% Jan
2
40
Feb
26
■
'
.
,
;
& Hecla Cons Copper
5
Campbell W & C Fdy
No par
Can Dry Ginger Ale com
1.66%
$4.25
Canada
conv
preferred
Southern
Feb
18% Feb
11
18"% Jan
6
Canadian
15%
Feb
10% Feb
27
12% Jan
2
Canadian
Ry
Pacific
Dec
38% Feb
27
44%. Jan
2
Cannon
Feb
n
Feb
13
12% Jan
6
Capital Admin class A
For fontnotes see page 24
25
55
Feb
6
*84%
$3
preferred A
28V4
*52%.
*1%
28Vi
54
1%
6%
6%
*26
14%
27
14%
113
113 %
*38%
*16%
40
17%
10%
No par
Mills
*39%
107/e
40%
1
11 %
11 %
common
j.
10
-
•.
y
.
11
f,
85
.,*17
'
*100%
*16%
-17%
:
28%
*100%
101
26
26
:
t
v.
,
i
Y
;
25'A'.- Y
50 1
1,000
,*Y'.
-
<
700
V., :
Y
16% ,16% y'
*100% 101 Y
/.'• 25 J/4
t
100
'. 3.000
3 Y,
.
40
:
'
v
111%;
85
6,000
.,
H"-y
>'
; 85
11
800
1,500
: -
'.c,--,
7 %■;■•;■■
7.%
400
.-.
13
12%
*82%
t
17%
25%
Y
101
82
*84
11
3
81
V- ■'
•v
83%
3:,: sV
■
85
-
.
31%'
17%'
*80
85
11
.
.
.3%
25%"
'
13%'
■r
210
,Y
.
/
16%
*79%
Y
83J/a
11%
28 %
25%
v
.
*83
V2-;
*7% Y' 8
85
85
•
82
12%
:
■
79%
79%
*80
83%
/
•
84
84%
;.
7%
..
"Y'.3%
iooyy
-100-;.
85%
82%
3%
16%
Y -Y 25%
17%
,13%
x7%
!'
84-
*3 v.
16%:
31%
17%
82
83 V*
11%
31%
17%.
82
13
8
31%
*78
13
8
16V»
18%
.;
89
10,700
180
2,200
-
'.400
'
10'
1,500
;
*
■
'
25
100
■
32%
16 V# ,16%
*80
Y
67%
32 V2
*87%
32
17%
v
••
89
2,900
-
8%
16%
16 Va
Y
-
110
400
124
67%
:
34'%
*33
Y*86%
300
Y-.
8»/a
68%
35
89
1
17
*123
8%
68
69
•
*31 %
18 Y
.11'%
102
No par
Co
"Ry
14%
57%
Feb
No par
Breweries Ltd
47%
50
69
1,400
;
,
19
16%
17%
8%
17% Y7
27%
91%
*18%
124
v
600
1,300
95
91 y4
19
17
*123
8%" YY''
8%
•*86%
.
31.
-.84
.,
25%
v
*33
'
>
89
*82%
V
3
'''
■
Calumet
:
25%
Feb
1.
*25%
5%
2
Feb
.
.VV'Vvi.
•
*100%
Packing common—No par
preferred
'
50
Callahan Zinc-Lead
1
17
*
833/,
17%
;Y
69
Y-12%
Y'
83%
*16%
5
;' '
33Va
.85
r
11%
*123
.
8%
30
8%
83%
Copper & Zinc-5
do (A M) common
No par
7% participating preferred—_100
Byron Jackson Co
No par
13
17%
123 J/4
124
*86%:
,
13
*11%
Byers
Feb
17%
.17%
17%
17%
100
Butte
Jan
*18%
•V
—15
7
34 Va Oct
Dec
*82%.
preferred—100
common
preferred
9
21% May
Dec
Bldg 7%
Bros
4%%
3% Jan
28
18%
16%'. 16%-..
86%
*8
20% Jan
52
18%
18
13
1
13
Jan
18Va
93 Va
•"
;
*26 Va
;
91%
91%
8%
30
18
common—1
Terminal
Butler
5
9
2nd
20
34Va Dec
91%
*123
1,800
'
30 %
16%
'(27J"Y
90%
•
*
-95
21
27
30%
••..;YY16%:^ 16%
163/8
27%
91%
16%
30
16 %
27%
*18%
Y'YYy.Y YY
89
5
*93%
*90
'
1,400
9%
28%
*26%
30%
30%
-
95
*93%
V
68%
*16%
30
16%
33Va
*86%
Jan
3
'
8%
pfd—ICO
18% Feb
22% Oct
,
65
9%
Y 28%
9%
100
100
Y 1,700
7%
*52
66
■
29
28%
*26% ' '27
27%
27 Va
85
15
11
95
'
*80
10% Jan
Jan
30
27 Va
100
'
27%
*16%
•
3,800
35
*7%
Y
4,000
;YYY V1'
3%
35
7%
f>% '
9%
29%
31 %
*93 %
\
Y
33
Inc
.
9%
28%
30 Va
85
14% Jan
■'
9% May
Co
65
*52
Y
Y 35%
7%
*52 Y
7%
7 3/a
27%
Y
4
69
*32%
*35 :
353/4
*
27%
*80
86
y
18
Corp 3.60%
*35
9%
-29
-YY
45%
*3%
3%
*3%
150
2.800
90
*88
89%
*88
33/4
45%
46
45%
•
240
Y
■"
65
-
preferred
100
Burroughs Adding Machine--No par
11
10% Feb
7%
K
No par
-conv
27
81
353/4
38%
90
*3%
85
■'.% 82
4%
Jan
Feb
3%
Y;
46%
*88
-
Watch
7% Feb
Jan
■
38
*68%
3%%
24%
46
88%
*77
6
Jan
38%
45%
38%
/
84
88
13
39
*78
10
12 Va Feb
38%
*84%
81% Feb
81
38%
100
Jan
108%
132
No par
;
1
Co
3%%
Oct
21
100
9
Jan
42 %
L
13
88
85%
20%
9%
•
124
8%
500
84
86%
38%
17%
17%
31
21%
'
'
I
18%
*123
7,400
X21
preferred
Jan
89 % Jan
Dec
Dec
18%
24
*30%
31
31
31%
20
23%
21%
CLOSED
92
No par
j
Mills Corp
preferred
5
26
Jan
110
El
*90
5
—
Co
34% :
*
100
common
15%
*33
24
213/0
Y' v- :YY..;. 28%
-
I
16%
28/
*27%
No par
common
*15V*
32%
23%
21%
21%
STOCK
95
16%
_No par
Burlington
Jan
10
8%
Co
Forge
Niag
79% Feb
88
x55
Co
$5 preferred
Mar
Jun
27%
(The)
Jan
6
May
104
preferred
16
*:v2
24%
'"88%
EXCHANGE
31
*93%
15 '
preferred
88
13
Jan
6
6
$3.60
36% Jan
x32% Feb
72
•
74
V
31
_No par
common
Y
27%
*27'%
*15%
33
"
Y"Y/
100
15%
33
*42
^38
"
1,200
2334
*15 %
•
•
3%
Y/Y
1.400
"
87%
65
*52
Bristol-Myers Co common——2.50
3%% preferred
100
95
6% May
23%
42%
"YYY
29
Dec
23
*42
*52
10
9
71
31%
1%
24%
;
88
7%
11% Feb
51;% Dec
24
42%
7%-
33 % Jan
Apr
24%
42
35%
11
63
24%
24%
31
7%
16
May
13%
87
*34%
27
23% May
19
13%
87%
*34%
Feb
94% May
14
31
45
Y
33/4
9% Feb
Dec
29.
13%'
43%
-
89
28 % Feb
200
29
?o%
14 %
87
i
Shares
share.
*28%
29
16%
31
45%
*3%
$ per
* per share
$ per share
for
the Week
/ 43
:yYYY:Y.
38%
s,
Feb
67
Sales
I*-'..
23 %
22%
.
213/8
*88
(assented),-100
Bower Roller Bearing
Co
—5
Braniff
Airways Inc
—2.50
,
89
44
38%
—.5
preferred——-—100
common
1,200
PRICES
29
34
*32%
.
32
v
21%
Maine RR
&
12%
14%
Y'YY/ *15%
22%
Brass
700
600
12 Va
Y
24 Va
24 %
15%
Feb
30%
3
13
30%
.YY'YYYH
14
18%
13% May
SALE
HIGH
$ per share
*29%
24%
40%
Dec
12%
13
•ft
$ per share
30
Dec
Dec
12%
,/
60
Friday
35
A
■■■,
22,200
60
Feb. 27
May
11
62
Feb. 2G
*32%
(The)___—:_
24.
42% Feb
88 •
7
79
133
*60%
Thursday
*22 %
Bond Stores Inc
Oct
39%
84
132
31 %
31
*131 Va
Feb. 25
No par
Sep
32
14
30%
131 Va
32Vb
Wednesday
_____-5
Co
class
Co
55
3% May
80
3,200
31
Feb. .24
No par
B
102
37% May
80 7
27%
Tuesday
24%
2.50
Brothers
Aluminum
Bohn
Dec
80
26%
Feb. 23
14
1
Laughlin Inc
&
Boeing Airplane
45%
69
700
26%
Monday
*28%
No par
Co
Bloomingdale.
17
89
May
W)
(E
Bliss
Jan
29%
9
24'%
$ per share
>
Decker Mfg Co
Feb
13
i
Saturday
Par
&
Black
Jan
Nov
May
120
s
Feb. 21
STOCK
YORK
13.
LOW AND
EXCHANGE
35%
14% May
50
13%
$ per share
share
Feb
28
NEW
Highest
x20%
28% May
9%
237
'
18% May
30
24%
*60% i. 61%
60% ; 60%
62
132
132
132
131
■
31%
31%
i; 31 %
132
*60%
STOCKS
Year 1947
11
*129
No par
Carpet
31%
31%
—100
preferred
7%
Bigelow'-Sanford
Range for Previous
81
24 %
'//■'S: Y'
'
Bethlehem Steel (Del) newcom No par
30
16
Dec
23%
86%
26%
25
23
88%
*23%
*83%
28%
24%
87
900
23%
*
24%
1946_No par
ser of
3,700
17%
17%
---
4,900
86
23 %
Y
24%
pfd $3.25
-'-Yv
..
26 Va
26 Va
17%
17%
100
".
*83%
23%
86
*83%
Y,
26%
26%
17%
23%
23%
86
17^8
26%
1
53%<tfan
38% May
94 %
Co
30% Feb
25
19
94%
*93
&
128 r. Feb
14
*18%
17%
17%
23%
1,800
17%
17%
17%
19
94%
26%
26%;
*83'/a
200
*93
Best
Feb
12% May
Y 17%
14%
*17%
•
9
Jan
36
17%
23%
23%
*83
14 %
*
17%
19
66
May
26%
17%
33%c
No par
com
26%
600
14%
'
29
261/2 Jan
150
25
26%
33
■
.
19
*93
94%
*93
20
33
10
17%
20
*19
10
31
33%
14%
14%
17%
17%
•
1,100
*9%
31
33%
33%
15%
*14%
94%
*93
33
32%
:
-
32
*9%
*31
84% Jan
Dec
$ per share
Loan
Indus
19%
5
—:
Bendix Home Appliances
Beneficial
17%
*18 %
100
preferred
Bendix
*17
94'/a
14%
.
14
46% May
Lowest
1
1
common
15.
*92%
10
32
X33 Va
Y
6
Oct
Dec
Co
*14%
94%
10
*31
10
32
*31
32%
10
Corp
*32%
16%
"23% Feb
Jan
19%
Jan
10
Co
86
16%
*92%
94 Va
*.9%
9%
32
86
16%
16%
*92%
94%
9%
*31
86
1634
*85
Y
16%
Jan
Feb
24%
■
*92
1
50
Packing
Howell
4%%
8
95
Corp
RR
Belding-Heminway
3
31
Beech-Nut
4%%- pfd
S)
(A
Jan
30%
133%
Shoe
'
Jan
33
Feb
Inc
Jan
2
11
Jan
40
pfd—,
conv
Mills,
Feb
\12
17%
cum
8% Jan
5% May
12% May
Feb
3%%
Beaunit
v
3,100
27%
97%
"
Co
Associates Investment
for
Sales
the Week
Feb. 27
Feb
'/
share
$ per
Friday
Thursday
Feb. 25
-
,
12
Corp.
Corp.
Dry
24
No par
Constable
Associated
29
S per share
com—5
of
preferred
,$3.75
10 % May
Co
&
91V4
103
16
Armour
Feb.28
Sper share
Par
8
Feb
Feb. 21.
PRICES
Wednesday
Tuesday
Monday
Saturday
^
SALE
AND HIGH
LOW
STOCK
$ per share
$ per share
$ per share
9% May
YORK
EXCHANGE
Lowest
Highest
t per share
NEW
Range since Jan. 1
Highest
Year1047
Lowest
*50
51 %
Y.
*28
28%
■.
*52%
"Y ; 1%
1%
*26
Y
114
<:
Y
* 38
Va
*17
;
'17%
.
39
*50
*113
Y
*38%
'<
40
*
.■
10%
39
;
6%-
.
'
115'
,-
39%
51%
11%
1,500
'
54
1%
6%
3,400
6%
2,100
•
26
*:;300
14 Va
3,900
*113
..
39 V4
10%
50
28
14 Vs
17
40%
6%
.
1%
26
11
50
.
28
*52%
14 J/*
17Y8
*11
1%
26%
Va
10%
*38%
54
14
16 Va
,"11%
28%
26%
"i
14 V» '-.:i4Vt
14%
114
10%
*11
-
26
Y
1%
6%
6%
28
*52%
1%
x26
26%
Y
14 %
.
7
6%
6%.
Y
1%'
•
■
54
*52%
54
*38%
11%
*49
114
*40
17
*16
170
113
112%
40
.
41
:
30
16%
300
10%
10%
10%
19,200
40
38 %
38%
200
12
200
51
50
11%
*11
51
*50
'
,
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4677
Volume 167
NEW YORK STOCK RECORD
Previous
Range lor
$ per
Highest
Dec
1
38
39%
Jan
Dec
27
50 Va
Feb
12% May
21% Oct
/
Oct
39
Jan 23
6% Feb 11
36'A Feb 11
130
Feb
5
53
Feb 26
22
Feb 13
97
Feb 10
123
Feb 11
22% Feb 11
19
Feb 20
17% Feb 22
7
Feb 11
7% Jan 27
102
Jan
2
79
Feb
4
7% Jan
6
Jan
7%
Feb
29% May
47
158%
Dec
6
Dec
132
Jan
17% May
28%
Feb
Dec
x97
Dec
108%
Jan
130
Dec
156
Apr
64
49 % May
19%'May
19%
32%
21%
Dec
Feb
Feb
7% May
22 %
14%
Dec
10%
xl7%. Dec
7%
100V4
Dec
4
96 %
16%
Dec
9%
Dec
'
22%
Nov
;■
-
11% May
19% May
Oct
14% Feb
35'A Mar
21% Jari
30
Oct
27
Feb
110% Jan
20% May
100%
•
12% Jan
Vat May
11%
Feb
Jan
Jan
Feb
Apr
116
Dec
77%
•
Dec
17% Jan
43'A Jan
14% Feb 13
45
35% May
»
t
-
»
3
2
18% Feb
8% Jan
x8'A Jan
Feb
9
10% Feb
26'A Feb
25
40% Feb
14
102% July
84% Jan
14% Jan
28% Jan
45% Jan
26
Oct
Jan
4
Jan
7% Feb
12%
Dec
24
Jan
6
12
7% Jan
Feb
4% Feb
Feb
7% Feb
11
31% Jan
22
20
11
40
33V4 Jan
-
;
Chain
15
Feb
Feb
35
Feb
28% Feb
July
50% Feb
11 %.
16
13
45% Jan
Jan
22
5
11
10
42% Mar
Jan
14% Feb
3% Feb
31
Feb
18
12'A Jan 12
17% Jan 12
4% Jan 6
3^ -Jan 21
66%
Oct
52% Feb
11
63% Jan
29%
Jan
23% Feb
4
Feb
95
Feb
26
Feb
21
36%
29%
7%
Feb
21
Feb
Dec
'
.
A!
4% Nov
32
Dec
56%
Sep
'23
Dec
;
'
111
•
21% May
28
V 48%
37% May T
May
78
Dec
20% Feb
34% Nov
12% May
23
May
.;
Jan
Mar
94
•
___
—
___
.
—
*169
190
Feb 13
35% Jan
3
Feb
10% Jan
5
Y 5%
109% Feb
2
31
Jan 14
108% Feb
9
74
Feb 10
44% Feb
3
101
32
Feb
24%
1 Dec
89
2
14
7
.
39% Mar
Dec
140
Jan
42% Jan
14% Jan
Feb
Dec
4
30
48Va Mar
May
34
72
Jan
57
'
'
15% Jan 17
31VaFeb
8
Feb
154
91%
27
Feb 10
Feb 27
137
Dec::
26
82
STOCKS.
Range for Previous
$ per
" $ per share
share
Dec
23%
18
153
Feb
Jan
62
Feb
1155
56
Jan
105% July
22%
18
20%
17%
17%
16%
12
May
16% May
May"
9% May
8
.
May
21%
37% Feb
9
Feb
20
Oct
Feb
Feb
Feb
Feb
12
16
2
Jan
l&VjJan
15% Jan
18
Jan
15% Jan
17% Jan
16% Jan
11
11
11"
11
13
Feb 11
2
2
2
7
9
9
Jan
Colo
Colonial
30% May
Mills
$ per
Jan
22% Feb
20
32%
Jan
22% Feb
11
10% Feb
28% Feb
13
27
25% Jan
24% Jai»
11% Jan
35'A Jan
10
FeD
11
12% Jan
64
Feb
19
66% Jan
8
6
38% Jan
9
29%
*29%
8%
"7%
8%
"76%
81%
16'A
I6V4
5
Southern
16%
31
non-rum
2nd preferred,
35%
36
108 V»
28%
107%
107%
*72%
14%
Columbia
Carbon
Columbia
Pictures
107%
*43%
45%
*1200
109
x28%
28%
27%
27%
*106%
108'A
"106%
107%
45%
*43%
8%
8
31%
84
32'/a
$ per share
62%
161%
62%
62
*1200
__
—
83%
__
Thursday
Feb. 26
$ per share
160
62 Va
160%
62%
*1200
*39 Va
*89%
20%
17Va
39%
90 '
20%
17'A
39 V4
39%
89%
90
39%
*89%
39%
89%
20
20 Va
20 Va
20 Va
20%
17%
17'A
17%
13JA. 13%
13%
13%
13%
16 Va
16 Va
*12
16 Va
*16 Va
16 Va
12 %
*11%
12 Va
*22%
14
90
12%
14%
12%
23%
23%
*13%
"11%
24
"23
13%
*121/4
13%
12%
*11%
12 Va
22%
'
*22i%
23%
23%
*22%
23%
*22%
10V4
291/4
10%
10%
10%
10%
140
82 Va
82
62 Vb
39'/b
29Va
29%
29
*89%
20%"
Dec
Dec
A 86
Mar
EXCHANGE
CLOSED
•
*11%
36
Dec
50
Feb
35% Feb
5
36
May
48%
Oct
36% Jan
23
87
Dec
115%
Feb
90
26% July
4
Jan
20
94
24% Jan
2% Jan
9
5
Jan
96% Jan
2
100% Jan
9
Jan -A
25% Feb
14
x28% Jan
8
14%
Jan
11
35% Feb'
7
Feb
8% Feb
28% Feb
30
Jan
4% Feb
12
11
11
31%
31
5%
29%
Feb
21% Feb
13
23'A Jan
108% Mar
123%
10
Nov
8% May
V 33% Nov
Apr
30
<
4% May
A
Nov
21
10
105
103% Feb
10
20%
15%
104% Nov
Feb
Feb
12% Feb
xlO
Feb
13
54%
Jan
43% Feb
Jan
12
Feb
11
Feb
24
12
Feb
20
2%
No par
25
25%
26
Publishing Inc.—No par
_No par
.No par
Consolidated Coppermines Corp—5
*8%
9
.:10%
Dec
40% May
17
May
12 Vs May
10% July
'
>
:30
>,
19% Feb
17% Mar'
Co
^
Conde Nast
Consol
5
$5
Feb 18
Edison
of
preferred
"
.
V
27
51
2
Consolidated Natural Gas_
10
25 % Jan
30
Dec
38%
Feb
32% Feb
27
99%
Dec
114%
Feb
100% Jan
2
48
Feb
104% July
35% Feb
Jan
12
Consumers
16
Jan
.vj
,t
*13%
10
:
$4.50
-No par
Power Co com
11
42% Jan
5
Dec
94% Feb
10
98
Jan
14
11%
Dec
20%
Feb
11% Feb
18
13 '/b Jan
17
Continental Baking Co com__No par
94
Dec
106%
Apr
85
Feb
11
90
Jan
14
44%
Feb
33% Jan
5
Jan
7
30%
:,-';$5.50 preferred.
Continental
Can
No par
Inc
30% Feb
5
Dec
94
Feb
19
98
9
May
13%
Feb
10
Feb
10
11% Jan 10
Continental
May
55 '/a
Dec
49
Feb
20
55
2
Continental
8% Jan
5
Continental Motors
11
54% Jan
2
10
44
Dec
6% May
35
110% July
12%
Feb
55%
46% Feb
14% Feb
13
17
19% Jan
22
24% Jan
14 Vb May
19
Dec
Feb
12%
27%
Oct
43
Apr
Apr
May
Jan
55
Dec
6
Feb
27,
50% Feb
5
53
Jan
Jan
5
6
12%- Jun
17%
Oct
13
Feb
11
17Vb Jan
13
44
55
Feb
44
Feb
13
47
Jan
14
Dec
12% May
51% Dec
$3.75
preferred
Continental
Continental
No par
of
Steel
Cooper-Bessemer
5
Fibre
i____10
Insurance
Oil
.20
common
—
Diamond
^
Delaware
com__No par
No par
Copperweld Steel Co common
5
Convertible pref 5%
series
Feb
10% Feb
11
13% Jan
2
Cornell Dubiller Electric Corp__
61
Jan
50
13
54'AJan
2
Corn
For footnotes
see
page 24
5
$3 prior preferred
20%
Feb
1
14
Corp
Corp
21%
4%
21%
103%
Exchange Bank & Tr Co
13%
13%
*10
10
*13%
10
13%
13%
13%
10
r
10
10
43%
20%
44%
44%
43%
44
43%
20%
20%
20%
21
20%
11%
11%
11%
13
50
1
20
11%
11%
11%
12%
preferred
95
*4%
1P3%
11
Retail Stores
94 %
32% May
4%
21%
103 %
20%
No par
Container Corp of America com
20
4%
cumulative preferred
100
105
30 Vb
441/2
__15
:
pfd——100
Inc____1
Consolidated Vultee Aircraft——1
Consolidated
30%
103%
4%
Grocers
Consol RR of Cuba 6%
19
14
Jan 15
15% Jan 16
35% Jan
:
■
Consolidated
■
,9
29%
30
21%
Corp_._l.33V3
Consolidated Laundries Corp,
_5
6
2
11
8%
30 %
30
No par
:
•
17 Va Jan
11
Jan
'
26 %
30
X30Vb
com__No par~
Y
N
2%
99%
26
Congoleum-Nairn Ine_
Consolidated Cigar,
.'•A
ll5/a May
Edison
Commonwealth
Jan
2
Jan 12
Feb
3
Jan
2
21%
*98%
2%
V
93
2%
100%
preferred series.
39%
21%
20%
*99%
$6
65
37
*91%
20%
com—No par
South
&
20%
39%
No par
—
90
37
—100
;
Solvents
Commonw'th
•
23%. May
preferred
Commercial
39%
*63
$4.25 cum
$3.60
13
10
r
Dec
25 Vs
2
Jan 17
2
Feb
2% Feb
.
2% May
t
40% Jan
95
Jan
33%
20% May
common__No par
preferred w w__No par
Columbus & Southern Ohio Elec
10
Commercial Credit common—
_10
•
62 V8
29'A
STOCK
10%
30
.
12%
13
12%
12%
12%
33
33 %
32%
32%
*331/4
331/4
33%
103V2
IO31/2
*103
102%
103%
102%
102%
*35V2
35%
36
35%
36%
35 %
*91 Va
94 %
"91%
94%
941/4
*92%
35%
94%
11%
11%
11%
*86
*86
90
*11%
11%
11%
11%
*86
90
88
88
32 Vs
32%
32%
33 Vb
32%
32%
33%
*92 %
*92%
94 %
*92%
94%
*92%
93%
10%
10'A
*10i,A
10%
10'A
XlO'A
10'A
50
50
49%
49%
49%
49%
6%
6 VB
6%
48 %
x48 %
49 %
48%
49
15%
15%
6%
6%
48%
49
*15%
16
.
6
49%
6%
*15%
xl5%
15%
21%
21%
21%
21%
*50%
51
51
13%
14
14Vb
13%
13%
*44%
21
•
Shares
400
157
157.
for
the Week
share
10
Feb '
22%
11%
63
Sales
Friday
Feb. 27
$ per
10%
29Va
23%
10%
29%
,
8%
31 »A
31'/a
16'A
13
14'A
12%
24
23%
13%
22%
8%
13%
16%
12%
*17
17%
*12%
15
30%
*1200
—
40
,
14%
"137
140
83
45 Va
*44
"30
8%
*137
74%
"73
73
72%
140
*160%
161
62%
35%
109 %
"109
14%
Feb. 25
$ per share
*160 Ve
108%
85
35% s
36
30
Wednesday
Feb. 24
share
35%
SALE PRICES
Tuesday
$ per
*82
14%
*83 Va
30'A
190
"160
85
30
32 >A
29%
30%
'190
*82
15
8%
Monday
30%
"160
<V
30%
14%
32
.13%
11 %
75
*30
137
No par
Co
107%
'.
14%
30%
*11
*
29
*72%
45%
*43%
No par
Electric
&
28%
75
*30
36
-
108%
108
108 Vt
28 Va
*16'A
B
Gas
85
16 Va
*30'A
31
190
*82
85
16 Va
16%
160
190.^1
100
100
100
2.50
com
preferred
1st
non-cum
4%
Ry
*16%
30 Va
35%
80
80
2.50
conv
&
*7%
8%
80
?82
63
*17
Columbia Broad Sys Inc cl A_
Class
29%
*16%
160%
20
preferred——20
cum
Columbia
39
29 %
Feb. 23
share
*1200
—No par
Inc
4'7o
9
12
21.
2
7
38%
8%
*62%
Fuel & Iron Corp com__No par
5%
Colorado
39%
'28%
30'%
39%
__„j.
:
39
*7%
15
160%
*88%
preferred
$3.50
Collins & Aikman
21%
38%
LOW AND HIGH
No par
75
.
25
21
Feb
12% Feb
16
Feb
11
Feb
12% Feb
Oct
,
21%
"76
45%
Feb. 21
Corp____No par
Internat
22
-160
Saturday
A
Colgate-Palmolive-Peet com__No par
45% Jan
94
11
88% Feb
Coca-Cola
__
______
95
21'/a
32%
*137
140
83% 84%
:
95
"92
*91%
22
29%
•
YORK STOCK
EXCHANGE
23%
23%
23%
95
38'A
80
8%
__
32%
-.,,
Apr
10
1
—
7 >/a
23'A
23%
32%
Par
2
23%
29Y«
7%\
*43%
*14%
*30
Coca-Cola Co "(The) -rcommon-No par
Class A
:
No par
2
.12% Oct
39% Aug
Dec
21% Nov
Feb
46
Dec
Aug
8
May
V;
$ per share
25
,
;
183
Jan
63% Feb
11
65%
May
87
Nov
~
May
33
$ per share '
191'A
May
x61% Jun
1140
Highest
Lowest
Highest
141
ANEW
Rahge since Jan. 1
Year 1947
Lowest
17%
7
'93 V*
85
36
36 t
*108
108%
*28
28%"
*106% 108%
*72 Va 75
Cluett Peabody & Co com
No par
7% preferred ——————100
4% cum 2nd pfdj
100
6
Dec
17%
*21%
96
*82
Clopay Corp—_„—l
36% Jan
8
142% Jan 16
91% Jan
9
105% Jan
Dec
.
non-cuiri a preferred.—100
Cleve Elec Illuminating com__No par.
$4.50 preferred
———No par
Clev Graph Bronze Co com.—Y__l
5% preferred
A.____ 100
Cleve & Pitts RR Co 7% gtd
50
-Special gtd 4% stock
_50
Climax Molybdenum.—_——_No par
Clinton Industries Inc.—; :
_1
1 Jan 24
Feb
Dec
104%
19 'A
3%
C C C & St Louis Ry Co com—_100
115%
14%
7 '/a
23%
23 Va
23%
32
31
Dec
42%
3%
*30%
16%
37% Jan 12
5
17%
%
23%
"19
29%
."30
85
71
,-,
.16%
10
11
126
11%
27%
41'A
92
4%
City Stores
5
Clark Equipment Co——__20
29
Jan
100
126
STOCK
—
27V8 Feb
22 %
"99
CLOSED
33% Jan 10
Jan
9
19% Jan 31
—_
107
53%
22%
EXCHANGE
80-
.
Jan
Mar
19 Va
104%
22
38%
34% Feb
35% July
*29
Cincinnati <5as &^Elec /coml_„8.50
4%
preferred A———100 Y
.
Jan 2
Feb 17
Jan 7
Jan , 2
80
109
23%
7
Cincinnati Milling "Machine Co_—10
*21%
C I T Financial Corp—No par
38%
City, Ice & Fuel——i——__No par v t *29%
City Investing Co.common——
5
.
7%
5%% preferred_A_._j.__:—,:100
>76
22%
40'A
32
10
Jan
'
53'A
23'A
127
"125
"17 Va
23%
v
Jun
Jun
127
19 Va
23%
*91%
25% Jan ; 2
Jan 20
96
43%
Nov
53
22%
54%
Jun
27%
53
'99%
100
23 Va
54%
.2
Nov
106
131%
36%
>*47 ,^ : 51 .:V,V
26% 27
47% 47'/8
>11% 12'
.'-7 15
15
convertiblerpreference__No par
Chic Rock Is & Pac RR Co__No par
,Conv preferred series AiiAAA 100
Chicago Yellow Cab_____No par
Chickasha Cotton Oil—__-.A___il0
tChilds Co——
-_^^_No par
Chile Copper Co———————
25
Chrysler Corp —A.—————2.50
34Va
107
100
130%
99%
22 Va
"125
36%
133
53%
23 %
53 %
23%
6%
37
37
"131
133
53%
14%
39%
*4%
."8% ' 8%
10%
10 Vt
/ *6'A
6%
,
13%
13%
7%
7%
4%
4%
*
8
. 8
33%
33*4
15%
15%
.• 35%
35%
v
$3
85
V 95
*88
2 I Chicago PneumatATool com^-No par
•••••:
,
41;!
_100
preferred
5%
9
54% Jan 22
32% Feb
7
51% Feb
2
Feb 10
Jan 26
Feb 24
Feb 21
78
Jari
6
15'A Jan
6
29
Jan
5 Y.
34% Nov
i 11% Feb
27% May
8
7% Mar
'
Nov
96
11
*10%
.*26%
Chicago & Northwest com___No par
Feb
6'/a
34
6%
6%
"6%
37 Va
"131
132
"38
14%
9%
*25%
—No par
6%
37
22%
23%
14%
26%
18%
92
*18%
;*91
preferred
Checker C»b
.liL25
Chesapeake Corp of Virginia,;
5
Chesapeake & Ohio Ry common
25
3%'A convertible preferred—_100
Chic & East III RR Co com—No par
Class A
l„__j_40
Chicago Corp (The)—_—^_l
Chicago Great West RR Co com—50
5% preferred—Ar_'__;,-_i.^_____50
Chic, Ind & Louis Ry Co ci A—^_25
Class B
—
—No par
Chic Milw .St Paul &. P vtcj^Nn par
Series A preferred vtc
_—100
.
Dec
15%
10%
.
6 Va
37
40
"38
"32%
I2V2
*9
23%
14%
i
40
28%
34
15'A
14 Va
15%
40
103%
28%
29
Va
8
8
*11%
Copper—i__No par
1
Products
Co
A—___
14%
53'A
105Va
79
*76
i
,__No par
Belt
$4.50
25% Feb
15%
4%%
Champion Paper & Fib com_*No par
53%
56
Pasco
Certain-teed
34%
Jan
de
Cerro
35% Feb
2
19% Jan 12
27%
,
*,
Light
"32 Va
for
Shares
8%
*8
Century Ribbon Mills—No par
28
Feb
111
"28
34
Sales
share
"102%
103%
28%
*32%
$ per
share
102 Va
104
28%
14%
6%
127
24
19%
*17%
17%
7Va
7%
.
*102%
,
40
36 Va
"18%
1
Co
14 Va
130 Va
*23%
Co___No par
Sugar
33 >/4
"38 %
^125
*104%
Jan 14.
Jan
2
Jan 14
14%
"99"%
pfd—100
Central NY Pr Corp 3.40% pfd.100
fCentral RR of New Jersey:
.100
Central Violeta Sugar Co_—9.50
9
38%
<
Central
5
9
Jan
Aguirre
-v
40
6%
37%
132
53%
23%
100
6%
*37
*131
53 %
t 22%
Corp
•V
28%
33 >/4
34
14%
103%
$ per
the Week
Feb. 27
Feb. 26
S per share
share
102 %
28*4
103%
28%
■.
Central Hudson G & E Corp—No par
9% Jan
9
5% Jan 16
9% Jari
5
2 t.
10
$ per share
share
*102
Co common
Central Foundry
Jan 29
Jan 14
16
2
Jan
.
10 % Jan
5%
9%
12%
7%
.
11,
11
9% Feb
Feb
Feb
90
2
Feb
8%
:
11
Feb
7%
15%
i
General
<sj
(J I)
Central
7
8
7
Jan 7
11
Jan 26
12% Jan 13
Feb
100
Ry
Lights J—No par
&
——1
.___—25
7% preferred ._;
100
Caterpillar Tractor.
No par
Celanese Corp of Amer com__No par
$4.75 1st preferred
No par
7% 2nd preferred
_100
Celotex Corp common
No par
5% preferred
—20
Case
Jan 21
Jan 2
27% Jan 5
20% Jan 5
105
80
Ohio
&
Power
Carriers
7% Feb' 2
46% Jan 9
102
137
54%
6%
5
28% Jan
$ per
Feb. 25
S per
Friday
Thursday
Wednesday
Feb. 34
*
Clinch
PRICES
SALE
HIGH
Tuesday
Feb. 23
Feb. 21
*28'A
Carpenter Steel; Co_
5
*33
Carrier
Corp common
—10
t 14%
Conv preferred 4%- series.'—50 ?. •• *38%
11% Feb
5 • ••.v
A 8% Jan 22
10% Jan 5
22% Feb 19 .» 26% Jan
5
13% Feb 10
17% Jan . 9
24% Feb 18
y 33
Jan 14
17% Feb 18
22 | Jan 5
90
Feb 16
100% Jan- , 6
12%
/
AND
Monday
Saturday
•
Par
Carolina
Carolina
138% Jan 19
61
Jan 12
30%
20 Va
*
-
,
100Va Feb 18
109 Va Jan
6
27% Jan
2
3iysJan 10
33
Feb 14 A 41% Jan 12
Jan
128
Nov
STOCK
YORK
EXCHANGE
$ per share
$ per share
$ per share
share
102
NEW
Range since Jan. 1
Lowest
Highest
Year 1947
Lowest
LOW
STOCKS
21
21
*51
52
46
*45V4
45%
45 %
10%
10%
xlO Va
10%
10 Va
51%
51%
51%
52%
52%
80
the
(952)
I8 V2
Dec
61%
Dec
4%
20 % Jan
5
9
93 % Jan
105%
92
Jan
12
94% Feb
4
75%
11%
8
12
2
Coty
Inc
6
3% Feb
<2
Coty
International
Jan
2% Jan
Feb
Feb
13
34% Jan
9
95
Feb
11
97% Jan
13
Jan
15
7%
11% Feb
41
Apr
23 % Feb
9
29
Crown
Jan
2
45% Feb
27
Feb
20
34 V8 Jan
91 % Feb
24
18
127% Jan
10
25% Jan
108%
130%
Oct
Feb
221/2 May
37%
Feb
22
66
Dec
96
Jan
66% Feb
27
May
34%
Oct
27
Feb
11
34
13% May
21%
Jan
12% Feb
11
,.5
165
Jan
12%
17%
Dec
82%
Dec
160
Jan
165
81% Jan
Mar
Dec
xl6
24%
19%
Feb
15 % Feb
13
17% Jan
Oct
27%
Nov
18% Feb
27
147
Jan
Feb
11
17
139
'}.■
59
Mar
4 % May
6%
Feb
4% Feb
12"% May
21%
Dec
18% Feb
13
Jun
.
51
Feb
Curtiss-Wright
Jan 27
27% Jan
5
133
Jan
27
Feb
22 % Jan
14
19% Aug
26%
Sep
20% Feb
5
23
Jan
2
901/4
97
Sep
89
Feb
27
93
Jan
22
13% Feb
26
20% Jan
2
17% Jan
6
133
Apr
18'A
47
46
28%
28%.
*92%
94%
*45%
28
28%
28%
29
91%
*91
92%
91%
92%
106
7/b' 106%
107%
Sons Inc
68%
*27%
29
*13%
13%
155
180
11%
*11%
11%
*81 'A
84%
*15%
15%
7%
pfd
15%
7%
7%
67%
66%
27%
*26%
13%
11%
11%
84%
*82
84%
15%
*15%
15%
*18%
7%
7%
7%
*120
130
120
130
♦120
r' 130
53
52
52
52
52
52
100
EXCHANGE
137
*130
No par
STOCK
20
20
23% '
*23%
4%
19%
23%
6,300
130
54
600
4%
700
19%
19%
1,300
*130
137
22%
*22%
23%
7%
4%
20
*130
137
100
18%
■£
*52
!
4%
4%
20%
*130
137
* 130
CLOSED
23%
*23%
4%
1-9%
4%
4%
4%
20
52%
100
\
•
200
*120
130
*120
*51
7
1,000
15%
18%
19%
7%
19
19
11%
•
15%
.
600
84%
84%
y
50
13%
180
11%
11%
11%
27%
13 %
*155
180
*15%
7%
200
131/B
*155
100
66%
27%
180
290
2,400
*66%
*80%
-
19%
*19
19%
4%
300
3,700
22%
13%
67%
13%
*155
84%
20
1,700
22
22%
29
67%
180
11%
•
.
108
*107
108
22%
22%
*28
*80%
1
Cutler-Hammer Inc
22%
22%
10
common
,,
105'%"
*67
7%
300
18%
40
13%
1
Cushman's
18%
68%
___No par
No par
1,100
23
*22'A
46
29
*18%
11%
11%
23
*221/4
300
96
*93
11%
11%
18%
*28,
*15%
29%
/•
96.
*93
46
*66 %
*155
11%
27%
.91%.
93
13%
95
18%
100
Class A
30%
132
Feb
preferred
2,000
30
29%
30%
11%
23
100
5
$7
29%
30
95
r
170
18%
100
Prior preferred—i_i
700
'
*22%
100
Jan
1,600
2%
173
172
23
22%
common
4%
2%
2%
..y
18%
27%
103 %
Cunningham Drug Stores Inc„_2.50
Pub Co (The)
com
No par
5% Jan
.
22%
Sugar common—10
Jan
■■'1
27%
104%
Inc
4%
2%
*2%
47
*91%
_
4%
*2%
5
23
*102%
preferred
Press
47
27 %
No par
pfd
non-cum
64%
172%
4%
\
y
18%
*45
No par
preferred
4% %
18%
*45
5
com
64%
171%
11%
23
23
18%
2,200
64%
63%
64%
/
94
,
11%'
20
94
172%
*4%
'
23
Curtis
18% May
129
6%
*92
11%
1,400
92
*93%
*171%
'
30
29%
30
96
No par
Amer
preferred
conv
Cuneo
21% Jan
7
Dec
70
13
11
'56
of
Cudahy Packing Co
Jan
122% Feb
Feb
12%
6% May
113%
*29%
*92
'■>' 11%
No par
Corp com
95
64%
2%
1
preferred
RR
7%
24% Jan
9
2nd
5%
9
2%
Wheat Corp (The)
2
& Seal new com—2.50
Zellerbach
Cuba
84% Feb 27
13
2%
Cork
Cuban-American
13 % Jan
11% Feb 11
Sep
101
2%
19%
.19
93
*93
5
25
$4.20 preferred—
Feb
172
4%
100
America
Crucible Steel
Jan
160
of
171%
5'/a
1
Corp
*92%
94
64%
%
64
64%
170%
5%
Shares
92
93
*93
/: '
64%
100'
preferred
$4
94
share
$ per
19%
19%
19%
*92%
93
*93
170%
25
com
!
common
of
Crown
14% Jan
Feb
20
71% Feb
22
■
$2
98% Jan
102% Feb
Dec
105% May
,34%
Refining
preferred
Cream
21% Jan
42
Oct
Feb
98
6
11
52% Mar
Dec
,25
22% Jan
Jan
30
Dec
19%
19
*°?%
.
for
the Week
Feb. 27
Feb.26
Sper share
$ per share
Sales
Friday
Thursday
Feb. 25
i
Co
3%%
94
19
19%
*93
$ per share
93
100
_
Creameries
17% Feb
221/a
1947
preferred
Crane
27
13
Oct
16
Dec
29
Mar
107
Dec
Products
Jan
■
of
ser
Jan
11
40%
26% May
Corn
3%%
% Jan
66:
6
4% Feb
169
Aug
■
pfd
__100
5
Feb
Jan
4%
V
Cum
*19
*92%
b
common
preferred
175
5
61% Feb
Jan
81/4
t195
Dec
97
Jun
3%%
Feb. 24
$ per share
share
$ per share
Far
Corning Glass Works
20
PRICES
Wednesday
Feb. 23
JbfcD. 21
SALE
HIGH
AND
:'r Tuesday
Monday'
Saturday
Monday, March 1, 1948
chronicle
LOW
STOCK
share
5
Feb
Dec
2%
share
18% Feb
92
Feb
32%
Sep
170
$ per
$ per share
$ per
YORK
toAwrtAJNvHli
105%' Feb
Dec
88
Uignest
Lowest
Highest
Dec
88%
NEiV
Range since Jan. 1
Year 1947
I per share
financial
&
STOCKS
Range for Previous
Lowest
commercial
23%
21%
137
600
23
D
Nov
•
23%, Oct
14% May
Feb
25
16%
Jan
24%
Oct
18% Feb
14
22% Jan
9
24
Dec
35%
Jan
24% Feb
25
Feb
4
28% Jun
12
15
"82%
84
12%
31
29%
13
Feb
Feb
10
Feb
30
Feb
46%
Feb
14
14
10%
10%
10%
10%
10%
32%
31%
32
30%
31
3,700
1,600
36
37%'
35%
36%
3,600
31%
31%
*31%
31%
41
41%
40%
40%
1,200
8%
7%
8%
9,200
10%
10%
30 %
36%
36%
37%
36%
37
20
*30%
31%
31%
31%
100
40%
40%
41%
42
31%
31%
%
41 .!■;■
*40
'
25% May
44%
Dec
33% Feb
11
40
Feb
Delaware
2
25
62%
Aug
Lack &
&
Rio
Escrow
Escrow
ctfs
Detroit
7%
100
16
16
16
17%
17%
18%
pfd
100
35%
35 %
36%
39
39%
20%
20%
20%
Western
for
for
Oct
Edison
13
21 % Jan
6
60% Jan
Detroit Hillsdale & S W RR Co
Detroit-Michigan Stove Co
l
Detroit Steel Corp
1
13% July
10% Feb
11
Jan
26%
23 % Feb
18
25
16
Oct
10
12% Jan
17%
Oct
Jan
Vilbiss
De
20
Co
22
Jan
14% Feb
13
16% Jan
31%
Feb
22% Feb
21
26
Jan
Devoe & Raynolds class A
•Diamond
35%
Apr
47
Jan
36
Feb
11
42
Jan
421%
Nov
50
Jan
38
Feb
13
44
Jan
24% Feb
IIV4 May
13
' Feb 11
16
18%
,
Jan
Dec
19%
May
40%
Sep
May
55%
Oct
:
19
?
11
Feb
29% Feb
27
■
34
Feb
39%
Dec
28% May
16% May
Oct
Xl7% Feb 16
Feb
29
13
Feb
Dixie
Jan
23
Dr.
Jan
15% Jan
23
Feb
24
Dome
47% Jan
2
56% Jan
16
Douglas
32% Peh 20
40% Jan
2
Dow
Jan
14
)4
19
98%
Dec
114%
Feb
92% Feb
©
100
91%
Dec
104%
Oct
90
Feb
13
97
Jan
9
21
Jan
6
24% Jan
30
Feb
83
Jan
2
84
Jan
19
Feb
12% Feb
11
16 % Jan
Nov
13% Jan 26
16 % Jan
5
Duplan
2
Du Pont de
17%
Dec
July
164% Feb
27
187% Jan
28
120
Sep
113% Jan
94
Feb
Jun
113
107%
115%
Sep
19"% Mar
1
5
:Y
3%%
conv
Dunhill
Lowest
15%
♦14
15
23%
23
23
Jan /„6:
50
2
Jan
97% Jan
Jan
13
15% Jan
2
115
S per share
37
share
37
*
36 %
37
39%
38%
38%
*38%
39%
38%
38%
* 16 %
13%
17%
*16%
17%
*16%
17
16%
16%
-14
4,600
153/a
*14%
15
300
*31%
32%; y: >31%
*49%
50%
49%
17 '/a
^
32
/
*18
...
37 '
.
.
30%
13%
15%
15
31%
*31%
32
*49%
100
15%
13%
14%
400
31%
32%
50
49 %
49%
18%
18
18
*17%
18
-100
30%
.
:'■> 30
'
14
*15
300
..
13%
.15
15
*18
*
%
49%
14
r
18%;
29%
30%
36%
30%
30%
29%
30
2,300
18%
18%
18%
110
18%
18%
19
51
51%
52%
52
52%
51%
52%
51%
34%
34%
35
34%'
34%
33%
34%
*99%
99%
*99%
99%
99%
99%
99% >99%/*
-99%
14,400
52%
33%
99%
No par
No par
18 %
r*92%
50o
23 %■
.
100
*82%
1
19
17%
>
93%
94%
94 %
-
94%
'
23%
23%
23%
*82%
85%
*82%
85%
*12%. -13%
*12%
95
22%
14
14%
*14
*82%
13%
*12%
167%
*115
166%
167%
*116
117
167%
118
~
*116%
1st pfd
100
*93%
,
*113%
5
*131/4
95
95
.95%
■
113 %; '113%
114%
*13'
14
Feb. 21
Par
SALE
I per share
114%
13%
Tuesday
13%
Feb. 25
I per
13%
600
14%
165
3,600
100
117
500
95%
114%
70.
■*
400
13%
$ per
Sales
Friday
'
Feb.26
$ per share
share
13%
'
Thursday
Wednesday
Feb. 24
share
*114
5,800
PRICES
Monday
t per
95%
■>'
114%
YV.
Feb. 23
Saturday
$ per share
14
117
•96
>95%
114
114
::
LOW AND HIGH
STOCK
EXCHANGE
•
*13%
4^:
13%-
,
14%
164'A
117%
*117 '
117%
95%
>
•
14%
166*
900
85%
167%
*14
14
167%
166
400
v
23%
85%
*83
*12%
•13%
14
14
•;*
3,000
3,100
•
95%
23%
23%
24%
85%
95%/'!
95%
94%
23%
.-»12% -13%
No par
YORK
300
37
33%
18
No par
Nem (E I) & Co com—2q
NEW
700
23
*36%
.
18%
*29%
No par
Range since Jan. 1
Highest
22%
;
23
51
$4.50 series
Lowest
g per
23
*33
preferred
Duquesne Light 5%
DWG Cigar Corp
300
14%
15
Preferred $3.50 series
20
400
24
*14%
*38%
50
>.*18
No par
common!
International
Preferred
5,500
10%
*23%
15
;
11,500
58
24
*23%
*14%
*14
STOCKS
Highest
$ per share
*30% '
Corp
Range for Previous
h
24
10%
10%
10%
10%
10%
*23%
*56
58
*56
■
11
13% Feb 13
Year 1947
20%
'
129% Aug
197
May
Dec
11
7,900
40
20%
No par
Ltd
$3.25 2nd preferred
Dresser Industries common
Dec
V 19
14
*147/3
5
39%
20%
14
*16%
No par
preferred series A
23
Dec
600
17%
39% V
20%
-
58
24
17%
39%
20%
*22%
39%
No par
Aircraft
98%
May
1,200
14
18
15%
37
Corp
Co
60
87%
40
*56
58
24
*38%
2
Co
Chemical
13%
17%
22%
/
22%
.
—No par
Mines
Jun
*10%
24
*14
"
■
2
Ltd
A
Pepper
11
*23%
*36 v
Co
Cup Co common
Jan
*10%
1
Doehler-Jarvis
37% Jan
*56
25
Car
Corp.
Class
53% Jan
20%
58
*55
No par
common
Motor
Divco
76
42% July
T
Distill. Corp-Seagrams
21%
45% May
36% Sep
Match
12.50
partic preferred
16% Jan
38
16
Jan
48
6%
Diamond
7%
7%
20%
100
5
17% Jan
11
% Feb
15
Oct
25
49
7%
~
*87
RR
Jan
58
10% May
•
50
West
7%
8
7%
com
Grande
ctfs
20 % Feb
27% Mar
Dec
Dec
14%
30%
9
14
14%
14%
14%
14%
36%
Hudson
20
89%
S7%
10%
&
38 %
09%
87%
30%
89
No par
preferred
*
*88%
10%
7%
^
897/»
87%
30%
Delaware
_
*88%
*87%
303/4
Jan
110%
•"'vY—.
32
89%
88
*10 %
Denver
>1
rA
a3a
»u
1
10
17,700
108,400
>87%
50o
19
900
19
25%
--
*88%
Deere
Jan
19
24%
88
Deep Rock Oil Corp
:
19
25
89
Decca Records Inc
common
100
'
2
Co
200
15%
'
^
8
Jan
92%
19
9
&
30
14
*15
15%
24 %
Jan
10
115 %
18%
25
14 %
19
173
18%
24%
50o
11
10% May
14% Nov
24%
3
32
Dayton Rubber Co
11
14
>18
25
*15%
5
7% Feb
80
19
25
25
>14%
*18
20
Chemical Corp (The)
Dayton Pwr & Light common
Rights
15
18%
15%
1
7
preferred
Davison
89
89
13%
*14%
,
15
■
*87%
14% Feb
19%
15
900
*20%
*13%
91
'
100
Dec
15%
13%
100
Feb
Dec
*88%
14 %
series B
19%
17%
20%
89%
14%
series A
10%
20"% May
21%
89%
14'
Preferred 3.75%
5% May
59
21%
91
>13%
Preferred 3.75%
6% May
20%
21
*89%
14%
21%
14
42% Feb
20
29 %
20%
91
*13%
13
32
5
38 % Jan
5%
21%
*89%
A
Jan
41
35% Feb 27
Oct
Feb
45% Mar
1
100
common—2.50
series
13% Jan
20
38%
,
Dec
32% May
3%%
pld
Davega Stores Corp
46 % Jan
13
Oct
Cum
common
15% Jan
11
Feb
45%
•
A Jan 31
90
5,
20%
Sep
Aug
May
Jan
Corp
13/.
90% Jan
.2
Jan
85
23%
Sep
11
33
84 :
101% July
101% July
Dec
Dec
Dana
Shares
$ per share
share
for
the Week
Feb. 27
e
19%
Jan
25% Aug
19% Feb 27
22% Jan
29
16
Nov
24%
16 V8 Feb
11
18% Jan
2
Eastern Airlines Inc
11
22% Jan
8
Eastern Stainless Steel
44% Jan
2
Eastman
Feb
16
14%
51
Dec
.
48"% July
42% May
163
Apr
Jan
198%
Dec
Oct
16% Feb
38% Feb
10
162% Jan
12
168
42% May
57%
Dec
47% Feb
27
55% Jan
5
18%
Dec
25%
Feb
17% Feb
13
19% Jan
12
88
Dec
Feb
86
Feb
27
91% Jan
13% Feb 27
16% Jan
2
6%
109
27%
15% Aug
104
Feb
Dec
111%
Feb
4% May
50% May
8%
Feb
65%
10% May
33% May
16%
Feb
•> IF * Feb
39%
Jan
32% Feb
Feb
102
24
106
Jan
Kodak
lo
Co
cumulative
Corp
5
100
4 % %
Ekco
12
Stores
Inc
common
preferred
4%%
preferred
5
6% Feb
2
Elastic Stop
Feb
20
52% Jan
6
Electric Auto-Lite
13
13% Jan
19
19
35% Jan
5
Electric Boat
100
Nut Co
(The)
Jan
1% Feb
11
2% Jan
2
11% May
19%
Feb
13% Feb
11
17% Jan
7
Electric Power & Light com
Feb
10
150% Jan
5
$7
preferred
11
139
Jan
13
$6
preferred
No par
56% Jan
9
Dec
171
135%
Dec
156% Feb
47
57%
Jan
15%
3%
May
Dec
8%
14% Feb
19
17
Jan
6
Oct
55 % Feb
13
62
Jan
12
Dec
11
16% Jan
9
Emerson
Dec
12% Feb
21% Jan
5
24% Feb
9
12% Jan
2
13% Feb
25
38
Apr
107
Mar
29% Feb 16
34
Jan
8
Jan
6
Endicott Johnson Corp
4%
preferred
5% Feb
3
Equitable
5
Erie
27
5
Feb
9 % Feb
11
11% Jan
50% Feb
11
57% Jan
9
5%
9
Jan
14
Eureka
85-
13%
Feb
Mar
97
102
Feb
4% Jan
67
Nov
7% May
Erie
~
Feb
15
17%
Dec
24%
Feb
Nov
257/s
Jan
RR
Office
*5%
43%
11%
11 7/b
11%
15
STOCK
141%
52%
Williams
19
Jan
9
Evans
13
11% Jan
5
Eversharp
Oct
38
13% Aug
6
•
Feb
10
Jan 23
common
11%
1,900
33%
700
1%
1%
1,800
15
14%
14%
13%
14%
4,600
*141
144
*142%
144
127
141%
127
*125
127
51
51
14%
141%
»
127
::-v
51%
51
51%
*33
33%
142:
/
*126
50%.
'700
143
100
130
1,100
50%
"
'
>
14%
15
15
*14%
15 %
'56
15
15
55%
500
56%
12%
12%
55%
12%
*22%
22%
*22VZ
22%
22%
23
13 %
13%
13%
13%
*13%
13%
13%
31
31
*31
32
31
31
*98
99
99
99
97
98
-
13%
31
5
-
13
'
13
No
!/
12%
23
23
*22%
-
1,300
»
700
'.
22%
300
1,600
30%
*98
30%
Ex-Cell-O
4%
4%
4%
4%
4%
3.000
9%
9%
9%
9%
9%
9%:' *
9%
9%
4,000
51%
51%
*51
51%
*63%
65
5
Exchange Buffet Corp
*7%
7%
*15%
15%
8%
8%
Corp
3
*39
2.50
*6%
No par
♦42%
43
♦27%
7% Jan
Farnsworth Televis'n & Rad Corp__l
6%
14%
Dec
Feb
20
32
42% Mar
Fedders-Quigan
Corp
11%
11%
36
17
17
Federal Motor Truck
No par
*9
9%
Federated Dept Stores -com
No par
21% "■ 22
Federal Mining & Smelting Co
23% July
Feb
16% Feb
18% Jan
Federal-Mogul Corp
28% July
20% Feb
90
Feb
9
11
Jan
25% Jan
99
Jan
23
\Va%
*7%
7%
*15%
15%
v!
8%
8%
8%
40
41%
6%
6%V.
convertible
preferred
100
*94%
•
95%
For footnotes see page 24.
3C
42%
42%
>
65 : >
:
500
51%
*63
65
7
65
*62%
7
7%
7%
7%
15%
15%
15%
8%
8%
8%
8%
41%
39%
600
8%
39%
40
*39%
6%
5%;.
12
*35%
..
6%
7
7
431/a
6
•
*43%
28
15
J
i":
15%
800
1,700
200
i
'
6%
>•>:
•'<
36%
17%
-
12%
36%
36%
*36
37
17%
*16%
17
12%
9%
9%
9
22%
22%
22
95
94
94
94 < >
<
121/8
12%
22%
<
27%
':15%
*16%
94
9%
*
5% ;■■'•
27%
5%
21%
9 %'
43
44
27%
:'V
12%
12%
"
*17%
43
*27%
5%
27 % ; ■27%
36
1
37% Jan
10
-
6%
2
|
35% Feb 11
27
15%
*6%
28
13
Feb 26
*62%
65
y
7
■;■■!
•
7 00.
f
5% Feb
9
51%
53
*51%
"
7%
*39
7
Feb
Jan
51%
51%
*63
41
9%
14
150
:-,i
4%
9%
.4% May
11% Dec
11
..
4%
9%
1
9
.
.
4%
par
5
9
99
4%
50
Inc_
Jan
*30%
99
99
400
4%
100
Corp
7% Jan
47
25
Fajardo Sugar Co of Porto Rico„2o
11%
11%
11%
*33
1%
13'A
Fairbanks Morse & Co
Jun
12
33%
l
Products Co
■/'/>:
107%
500
3,800
'56%
51% Jan
Dec
5%
44%
56%
31% Jan
97%
5%
43%
*12%
17
,
5%
44%
56%
10
10
*5%
44%
•12%
13
-14%
;
5%
12%
Feb
Apr
1,000
44%
14%
42% Feb
Dec
13%
55%
27
"
30
86
103
1%
14%
51%
*100
103
*100
1%
1%
14%
'125
13%
13%
13%
13%
103
12%
Feb
9% May
400
14%
Jan
167/a
■
3,200
56%
60
19
86
87%
*86
87%
•■''■•v
17%
12%
31%
May
17%
14%
Jan
May
17%
*55%
100
Bldg
Pittsburgh RR Co
27
50%
25%
*17%
17%
7,200
v
48%
4
preferred series A
&
Feb
32% May
44
EXCHANGE
CLOSED
127
11%
*33
2
*1%
2
44
33
,33
33%
*51%
*5%
5%
43%
14%
49%
49
39-"
169
3
Co
common
8% Feb
x6%
Dec
Feb~27
7
10%
Mfg
*100
43 %
140%
13%
13%
102
5%
1%
48%
47%
'
13%
102
103 %
*125
87%
87%
87%
•
38%
*165
170
*165
•, '•
-
Dec
63
13%
*17
20
39%
38%
39%
170
.
:■
15
Gas_
Electric
87%
*33
No par
39%
4.8%
19%
20%
*165
169
>165
17%
11%
No par
Phonograph
Empire District Electric Co
12 %
Dec
Natural
700
17%
*
National Watch Co
Paso
4%
47% May
,
Elgin
El
6,100
17%
17%
43
No par
Emerson R.ndio &
19% Jam
247/b
:
27% May
102
Electric Storage Battery
59%
May
Dec
49% Feb 10
24% Mar
9% May
13
Oct
139 /
17
Dec
46% May
11%
July
16%
17 %
48%
5%
No par
123% Feb
145
16 %
18%
48%
*102
5
37/b
17%
*13%
3
Sep
16%
*17%
49
1
common
17%
18'A
*86
2.50
common
18
38%
168 %
49
100
Products Co
19%
17%
18%
*20
20%
-:•••
17%
*17%
\
Bros
Convertible preferred
Elec & Mus Ind Amer shares
2
„
18
38%
4
Edison
17%
*165
600
19%
17%
*17% .'18%
39%
38%
*20
20%
17%
■
10
common
preferred
5% Jan
43
20
j
Eaton Manufacturing Co
19
Feb
lagle-Plcher Co
9 %
•
22
94
•
•
6
4,000
9
>
94
v
300 V
800
9
23
93%
;
300 ' y.
36%
16%
22%
..
>y
2,200
12%
36%
<
.
900
27%
16%
■
•
400
43
'
.<-•
3,500.*/?;
220
*•>
(953)
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4677
167
Volume
17
NEW YORK STOCK RECORD
Range for
Previous
Highest
Lowest
$ per
share
$ per
v
share
20
Dec
share
Feb
20
Feb
26%
$
-
.
Par
share
per
21% Jan
10
20 % May
26%
Jan
20
Feb
5
21% Jan
9
46% May
59%
Feb
53% Feb
26
58% Jan
19
Jan
2
11
Feb
14
Dec
62%
51 % May
% Feb
105% Feb
5
Jan
2
Jan
5
58
27
Jan
14% Feb
20
17
39%
■
May
Oct
31% Feb
11
37% Jan
5
Dec'
99
11014
Feb
x98
Feb
26
102% Jan
15
Jan
30
Feb
26
34% Jan
2
17
May
41%
13
Dec
17%
Jan
13% Feb
21
14 % Jan
18
May
24
Aug
17
Feb
27
21% Jan
6
23% Feb
11
40% Jan
12
30
Jan
40%
Dec
May
14 %
15%
Feb
-
~
9% Feb
10
10% Jan
33
'.9
Feb
24
39% Jan
5
13
92% Jan
7
89
Feb
3
19 % May
32%
Dec
24 %
Feb
27
31
Jan
5
237/a May
26%
Jan
22 % Feb
26
25% Jan
5
12% May
25 %
Jan
12% Feb
26
14% Jan 27
91
110
Dec
••
July
50%
Feb
35% Feb
13
43% Jan
5
Nov
22
Jan
10
Feb
18
12% Jan
14
18 %
Dec
39
Jan
18
Feb
11
24% Jan
77
Dec
103% Mar
77% Feb
18
81
Jan
5
5
Feb
7% Feb
9% Jan
2
36
May
11%
8%
17%
Dec
Jun
11
9
Feb
,18% Feb 24
20
Jan
7% Feb
10%
Oct
21
5% May
18%
Jan
*
10,
12% May
17%
Feb
12% Feb
14% May
22%
Dec
18
4% July
9%
Feb
43%
Feb
30
Jan
Dec
18% Feb
23%
14% May
16
Nov-
Jan
48
Dec
Oct
Dec
102
27
58% Jan
104% Feb
19
9
Feb
Feb
13
Jan
10
Feb
10% Jan
27
150
11
18%
8
May
14%
Feb
9% Feb
11
71
Apr
83 %
July
75% Feb
24
47%
33
Feb
Dec
160
Jan
32
May
34%
Dec
Feb
17
38
Jan
27
24
Jan
2
6
144
Jan
28
138
35% Jan
2
Jan
34% Feb
li
39% Jan
3
Aug
103
:8%Jan
o
Feb
13
12
Jan
9
40% Feb
13
48
Jan
14
118% Feb
25
126
Jan
21
Dec
54% July
123
Dec
100
Dec
9%
16% Mar
May
131%
Feb
$5
9 3'/a Feb
17
98 % Jan
10
Preferred
FPb
11
15
16
16% Feb
11
18%
20%
Dec
Oct
13%
Feb
14'A Feb
27
16% Jan
5
Feb
2% Feb
13
3% Jan
5
16%
Jan
V 11% Jan 22
31%
Dec
Feb
May
"
125
Feb
140
Oct
Jan
7
26% Feb
2
128 % Jan
29
128% Jan
29
23
3% May
6%
Feb
4% Feb
29%
Oct
22% Feb
5% Jan
17
18% May
11
26
124% Jan
Apr
5
Feb
13
31% Jan
123% Jan
2
Jan
26% Jan
7
Apr
30
Feb
22% Feb
20
Dec
106
Apr
.
23
15
Gen
14
28
Jan
"2
Dec
108
Jan
85
Feb
10
89
Jan
-7
81
98
Feb
72% Jan
23
78
Feb
16
3%%
36 %
23% May
$ per
share
27% Feb
Dec
105%
Dec
90
S per
t per share-
tper share
Feb
EXCHANGE
13
94% Jan
173% Peb
14
Feb
27
84% Jan
12
26 Va
Nov
21% Feb
II
27% Jan
5
51% May
58
Sep
48% Feb
27
53% Jan
2
5 Va May
7
Feb
Feb
24
Jan
9
22%
Dec
104%
21
49
Feb
33
Dec
5,
114
10
11
109
Aug
13% May
24
Jan
May
5%
44 Va Jan
Feb
18% Jan
3% Feb
14
Oct
;
-
Feb
2
Jan
2
7
6
Granby Consol MSA P__
Union Co
21% Jan
11
16
Grant
Oct
233/4
Dec
33
Jan
24
Feb
16
26% Jan
29
90
Dec
107
Mar
90
Feb
26
96
Jan
16
21%
12% May
9
14%
May
37%
Dec
28
32
23
Jan
15
12% Jan
19
133% Jan
9
Feb
36% Feb
11
42 3% Jan
5
Jan
22
22% Jan
9
Dec
163%
20
May
70
Jan
20
Jan
22
77
Jan
27
Feb
73
293/4
Oct
35%
Aug
29% Feb
21
33% Jan
12
14%
Dec
21% Mar
•14% Feb
10
16
Jan
9
9
12
July
92
May
33
8%
4% May
V
313/a May
57%
,
Dec
14%
6% May
51.
Jan
2
Feb
Jan
8
973% Feb
11
11
37% Jan
21
5
Jan
2
Feb
7
89% Jan
12
11
15% Jan
5
Feb
10
49% Jan
5
57% Feb
10
75% Jan
5
5'% Feb
19
44
^Dec
7
4,400
101%
200
9%'-
150 Va
10%
IOV4
10 »/4
10
10 %
lO'/a
10
10'/a
10
76%
*75
76%
*75
76%
20
35
*33%
34%
600
20%
20%
600
10'A
75%:
*75
35
35
35
35%
20%
92
92
10
10
10
10
44
44%
44%
44%
119%
*119%
20%
143
''
51%
18,000
513/a
121
700
96
96
800
13%
13%
17%
17 3/4
17%
14%
14%
14%
96
13%
13Va
131/4
13%
18
17%
18 Va
17%
14 Va
14%
14%
'
:
'
2%
2%
12
11%
*24%
25%
*125%
128 %
4%
23%
25%
24,
241/4
24%
*125%
128 Va
4%
23%
41/4
43/8
2,200
24%
400
26
800
4%,
23%}
*25%
25%
113
50
'*27
271/4 " 271/4
28
200
223/4
200
22%
22%
22%
*22%
23
*22%
23
*93
98
*93
98
*93
98
23%
*23%
231/4
Monday
■
,
•
21
:1
5
20%
20%
51%
51%
51%
*96%
.
STOCK
97%
97%
42'/a
42%
16%
18%
183',
4%
37%
5%
5%
5%
..18%
•
9%
9%
*30'/a
32%
*30%
32%
12%
123/4
12%
12%
■:
■■
.
•,
38
15
•
90
32%
-13
-
*60
18%'
183/4
1,600
25%
25
253/4
2,600
90
91
91
91
•
-
9%'
13
373/4
32%
*12%
13
2,000
373/4
3.100
38
37%
-
22
133%
*60
70
31
31
30%
15%
*14%
103%
10 %
10%
10%
10%
>. 10%
97%
*96%
14% / 14%
15
10%
10%
97%
*96%
97%
97%
*96%
97 Va
*96%
33%
33 %
31%
323%
34%
31%
31%
: 33%
1
1
5%
5'A
5%
*5%
5%
89%
53%
*86%'
89%
*86%
13%
133/4
5V»
5%
5%
89%
13%
No par
25
*46%
47%
4G%
Gulf Oil Corp—
60'/a
603%
60%
Gulf States Utilities Co
No par
15%
153%
15
25
*31%
32%
5
*13%
14%
_No par
*13%
14
*13'A
common
preferred
13%
Dec
16 Va
Sep
14
Jan
2
15% Jan
28
.,'32%
Dec
39
Jan
31
Feb
10
33% Jan
9
Hackensack
Water
14
Jun
19%
Feb
13% Feb
11
15
Jan
5
Hall
Printing Co
13
Dec
19
Jan
13% Jan
8
14% Jan
5
Hamilton
87%
Dec
112
Feb
24
Jan
12
102%
Dec
108%
xl01% Feb
10
4
Hanna
19 Va
Apr
Dec
21 % Feb
24
26% Jan
9
Harbison-Walk
148%
Oct
Jan
148% Feb
13
150% Jan
28
V
>
/.
'
27%
160
Feb
Sep
85
28 % May
39%
Jan
27% Feb
13
6% May
10%
Feb
6% Feb
24
100%
Apr
Feb
19
12
Feb
75%
..
6
Dec
May
75
103% Feb
Schaffner
A
Jan
9
Hart,
7% Jan
9
Hat Corp of Amer
31
79
Jan
5
4%%
Marx
class A_.
Industries Inc
8% Jan
7
Hayes Mfg Corp
26 % Jan
5
Hazel-Atlas
Jan
21% Feb
14
26% Jan
5
Hecht
8
Va Jan
7
22
May
30%
90
Dec
103%
Apr
78'
Jan
27
87
Jan
13
35
May
42%
Feb
37
Feb
13
42
Jan
2
95% Jan
23
98% Feb
25
July
For footnotes see page 24
Hayes
Co
3% %
Heinz
Glass Co
common
preferred
(H J)
3.65*
cum
par
*85
*86%
89%
20
14%
13%
14%
19,100
47
45%
46%
800
60 3 a
47
47
60 %
613%
603%
61
15 Va '
15%
153%
15%
15%
*31%
32%
*31%
33
*313/4
H%
*13%
14%
*13%
14%
*133/4
*13%
13%
13%
13'/a
Co common
preferred
10
*21%
*145
■
.
*27'/a
1
*6%
100
*74%
1
7
103
101 %
13%
13%
85
85
101%
*101%
*145
27%
*27
6
7
Va
Va
*74'/8
7%
7
21 %
22
148%
*27%
6%
*6%
6%
23%
15
*22
22 Va
100
*83
84
—25
38%
100
*°8%
38 Va
99
22 %
37%
*9 8' Va
37%
99
*83%
t
*6%
74%
7%
26,300
15
6,400
*31%
33
14%
38%
98%
500
13%
'
86
103
213%
148%
28%
7
75%
7%
85
*101%
*21%
*145
*27'A
*6','2
■
80
85
20
103
600
22%
148%
28%
300
7
*74%
75%
7%
7%
1,500
6%
2,800
6%
7%
1/4
*22
84
*27%
7%
*9?
22'A
84
>
76%
7
6%
2^%
*145
7
73%
7%
7
28%
*74'%
76'A-
24
7
213/4
22%
*145
28%
*23%
>
*101%
61
14%
.33
,
148%
21%
22
_5
2
103
*85
"
148%
76%
14
85%
85
•
861/2
60%
86
*101%
com. _No par
preferred
27
-
100
100
11
23
108
Refrac
preferred
11
Jan
.
preferred
(M A) Co $4.25 pfd. _No
Feb
Oct
35%
Dec
6%
com
conv
6% Feb
9%
Dec
x95
4%
6% Feb
4% May
25
89
Co
6,600
1,000
34
14
H
Watch
20
97%
>
86%
46%
•
16,200
143%
14
46%
•
1,300
\
10%
10%
34
1,100
31%
303/4"
30%
150
■
70
*60
♦14%
13%
(W P)
132%
132
15%
2.700
22%
22%
22%
*132
30%
*5%
400
*30 %:.
*14%
30
250
J
32%
13
*30%
134
22%
9%
*9%
93/4
•
•
300
183/4
70
22%
132%
70
13%
39
38
i
600
30
*27
*18%
9%
*30%
.
133
*60
29%
15
{ ■
132%
-
9%
•
21%
21%
21%
29%
•
37%
38
>
•
*89
91
300
31,400
53/4'
5%
5%
29
28
3%
25%
19
25
25
24%
*89'A
v>
;'-:A 5%
600
'
16%
3%
4%
300
6,500
;
V
98
16%,
17
2,700
41%
40%
*963/4
-
19
24%
5%
31%
*29
31
18%
■
70
98
4'A
9%
*60
42%
10
800
;
97%
*96
96%
41%
4%
25
" 135
96%
V
*16%
91%
21%
52%
16%
*9%
38
51%
513%
97%
*87%
*132
52%
3,300
5%
20%
16%
x
100
114%
97 %
*24%
v
5'/a
20%
16%
*29
30
200
*112%
97%
5%
'
2,600
48%
5%
16%"
4'%
4%
22 Va
48%
20%
20 Va
97%
4
22
100
4,300
i
114%
/
97%
CLOSED
81
5%
97%
42
41%
v
81
!
2,800
!
*112%
52%
EXCHANGE
100
*5%
•-
20%
;
97%
30
No par
.20%
••
114%
51%
♦16%
•••
*112%
'
41% '41%
*96%
5 Va
5
114%
18
49
*47%
5
5
21
513//
48%
93%
17%
22%
22 Va
48%
49%
*48%
22%
29%
93%
18%
83
22%
*112%
114
♦96%
22%
29
95
*81
83
*81
84
29%
177/a
18%
18
18%
*93
95
*93
95
for
Shares
Sper share
share
29
29%
29
29'/a
22'/«
5Va
114
-
share
Sales
the Week
Feb. 27
Feb. 26
t per
80
Friday
Thursday
Feb. 25
$ per share
1,300
89
*76
HIGH SALE PRICES
Wednesday
23%
23%
80
81
v
49%
5'/a
*76
18%
22%
♦48 A.
'
80
29
/
84
:
22%
*76
98
*93
"*86%
89
*93
95
-18'/a :: 18 Va
*81
*86%
Tuesday
Feb. 24
$ per
29%
f
89
AND
,
Feb. 23
$ per share
share
29%
*86%
80
*76
LOW
$ per
89
*86%
,
23%
23%
22%
600
112
114
*113
,271/4
*23%
25%
v
23%
22%
12,500
24%
114 "
*27
27%
2%
12
1281/2
r
114
114
800
2,300
24%
%* " 25%
25
700
«
*125%
>'
41/2
24
*2% ;;
11%
12%
128%
400
■
2%
12 Va
2%
2%
12%
*14
98
Feb. 21
100
100
1
400
121
13%
r; 23%
27%
140
97%
97
121
*94%
27 %
119%
52%
52
.."♦113
2,100
119%
95»/4
;
800
44%
98'A
121
4%
300
9%
44%
121
*95%
53'/4
23%
114
v
1201/4
::rt 25%
•;
93%
*9%
.
4%
4%
93%
93'/4
*92
•
95
24
24
2,400
52%
*125%
25%
19,600
343/4
120'A
2%
24%
30
323/4
34%
143
95
12
12
141%
32%
35'/4
52%
14%
2%
141%
32%
120%
52
,3,300
34%
98%
♦96
97.
97
10%
"
118%
119
700
10
.
32%
.
'
44
43%
119
*86%
Sugar
Gulf Mobile & Ohio RR
$5
151
9%
14%
*93
220
150
150%
10V4
100
preferred—
conv
150'
4,100
9%
;;
150%
No par
com_No par
$5
9
9%
92%
22%
800
51%
104'%
10%
*92
Saturday
Aircraft Corp
Guantanamo
91/4
9%
9%
50%
*103%
105
*104
105
*103%
105
*100
521/4
.521/4
52 y4
51%
101%
*100
101%
*100
152%
80
preferred
•4Va%
12 3/a
9%
*76
Co Inc
12%-
*22%
Corp__No par
Greyhound Corp (The)—
Common
3
Grumman
123% Feb
185
Feb
76 »%• Dec
Apr
12
10
30% Feb
'
Jan
95
May
78
Feb
/ Dec,
(H h)
12%
34%
128 %
Greenfield Tap A Die
93
Dec
105%
Dec
17
.
Green
Green
144
121/4
51%
89
preferred
Lay <*, Western RR
■7%
132% Feb 20
Jan
133
Jan
Sep
27% Mar
Dec
59
30
Feb
Co common
preferred
12%
*93
Grayson-Roblnson Stores com—:—1
$2.25 cum conv pfd
No par
Gt Nothern Iron Ore Prop—No par
Gt Northern Ry 6% pfd
No par
Great. Western Sugar com
No par
6
10% Jan
19
17
34% May
20
9 % Feb
V
49%
Dec
12
Feb
(WT)
3%%
1.300
12%
12%
143
*23%
No par
5
100
Steel
City
Granite
18
19%
75 %
*125%
'
Grand
31
19 Va
34%
4%
300
31
19%
31
31
35
*23
3,000
6%
6
6'/4
6%
19
X19V4
V
34%
*86%
Graham-Paige Motors
5% Jan
17
253/4 Feb
33% Jan
27
5 3/a Peb
Jan
41
Jan
101
19
11
83% Mar
8%
4-.
Dec
Jun
■
97
9
Jan
100
16% Feb
;
20
24 Va Jan
11
96% Feb
Dec
Jan
57 Va Jan
49% Feb
x39% Feb
Dec
6
120
18
Peb
613%
95
3
m
14
19% Feb
•x
Feb
106
41%
31
Feb
July
713%
Jun
993/4 Dec
81
/
Oct
124
Jun
v
Jail
103
Dec
85
Feb :
30
17% May
*
*18%
,
32
20%
11%
300
*18%
20 Va
13%
Par
2
213% Jan
12%
19
*1411/4
*2%
300
123/4
13
20%
*14
19
19
6%
6,300
8
•
*12%
19'A
700
7%
'
7%
*18%
6%
100 %
*17%
com—No par
$5 conv preference
iNo par
Gimbel Brothers common
_5
$4.50 preferred
No par
Glidden Co
(The)
com
No par
4%* conv preferred
50
Goebel Brewing Co
1Gold A Stock Telegraph Co
100
Goodall-Satrford Inc
10
Goodrich Co (B F) com
No par
$5 preferred
-No par
Ooodvear Tire A Rub com—No par
$5 preferred
—_No par
Gotham' Hosiery
-No par
6
92
,Ton
7%
*18%
19%
*17 %
Safety Razor
Gillette
2
8V«
20
19%
18
"
share
36% Jan
13
7%
7%
13
*31
32
10%
'
STOCK
NEW YORK
Range since Jan. 1
Lowest
Highest
-
Year 1947 ">
Lowest
Highest
x7%
19
*18%
6%
60
8%
,
*12%
19
2,100
32%
100
STOCKS
.Range for Previous
,•
;
19
1
13
14
•
8
,
18%
78%
8
*7%
;
18%
*77%
141%
100
preferred
preferred
4Va%
a
18%
95
5
Co com.
Gen Tire A Rubber
Nov
85
18%
94%
100
preferred
4Va%
22% Feb
7%
18%
78%
20%
*26%
Jan
24
'"
Feb
40%
21 Va May
_
8
7%
♦119%
General
'
—
8
77%
77%
,
11
*10
-
18%
*77%
32%
*112%
28'A Jan
Dec
19%
95
79
52%
_No par
pfd.
$6
19
78
11
*10
11
18%
141%
25%
Castings
10
18%
120
1
Steel
900
*
97
20
Telephone Corp
Time Instr Corp com. _No par
Gen
1,500
37%
11
*13
Outdoor
13%
*37
18%
*94
_No par
series
$3.75
13
37%
37%
119 Va
120
_No par
General Shoe Corp
12
13
25
26%
35%
7
Jan
28
110% Feb
Jan
36%
May
101%
5
12% Jan
•
19
-
—
13%
37%
32%
52%
10
com—
Advertising- .No par
General Portland Cement Co
1
_No par
Gen Precision Equip Corp—
,10c
Gen Public Service—.'
.i—
5
Gen Public Utilities Corp__
_No par
Gen Railway Signal com—
100
6% preferred
10c
Gen Realty A Utilities
General
Refractories
12-
20% Jan
Corp
Motors
preferred
Gen
4%
26
Dec
2% May
11%
t;
Jan
General
12%
37%
32%
*119
2
13%
37%
20%
100
100
23
40
13%
37%
.*10
STOCK
1,200
13%
*35
preferred
3%% conv preferred
121% Jan
13
23'%
43V4
19
Jan
23
9%
43
20
430
25
*21%
10%
No par
119% Feb
Sep
24%
22%
*150 %
common
Mar
19%
25%
22%
32'%
97
1,700
90%
25%
*103%
General
5%
700
33%
33
*89'/a
90%
23
10
Mills
33%
*89 %
9%
.
26
13%
-145%
32%
par
33%
91
*90
300
5,000
24%
9%
23
21
*20
par
24
9%
.18
17
25%
x9%
33%
18 Va
24%
25%
76 %
*143
*18
25%
*23
35%
100
4,000
18
9%
51%
par
par
14
13%
91% "
9%
*34
100
14 %
25%
151
*75
31
90%..
.
10 V*
«■:
*30
24%
9%
33%
33%
100
30
14
18
9%
9%
33
*97
30
23%
24'%
60
98
32
14%
.
13%
V
18%
23%.
12%
*10%
100
50
13%
13%
.,*30
•;
*17/,7
105
9%
32
*30%
35 %
58'A Jan
Dec
2,000
1.800
X98
100
*98
.
104 >/8
*103
104 %
33
33%
•'33 %
100
••
93 V4
100% Jan
13% May
33%
J
33 %
33%
♦98
100%
*9%
14
/
1,200
33
12%
*92
10
107%
1,200
14%
33
15
14%
14%
52
*34%
Feb
129
50%
15
14%
103
No par
1
51'/a Feb
Dec
x50 %
14%
10%
preferred
$3.50
J7
120%
52
14%
19%
General Instrument Corp
93% Jan- 19
Feb
65%
Jan
52
•'
6%
*9%
1st
Feb
xl22
51%
94
12
20
43
10%
Jan
*103
52%
54
*31%
*150%
No
preferred
4%
conv
2nd preferred
General Cigar Co Inc com—No
-7%
preferred
General Electric Co
No
General Foods Corp com
No
4%
104%
52%
105
*18%
5
Bronze Corp
General Cable Corp com
8
26
32% Feb
45%
Dec
87:
11% Jan
78% Jan
;
*102%
EXCHANGE
No par
preferred
$8
General
Feb
39%
~
2
20 % Feb
35
Feb
Dec
137
19
44%
*12%
*103%
1
pfd series A
No par
General Baking Co common
5
9
Jan
155
43%
CLOSED
*51%
$4.25
11% Jan
Feb
53%
44%
54
•••
*99%
44%
54
6%
*12
100
5
—
—
Amer Transportation
General
5
6
July
185
Sep
$4.50 preferred
50% Feb
Dec
23%
2
29
Jan
43 %
54
44%
19%
19%
1,200
43%
*
Gaylord Container Corp
1.66%
General American Investors com—1
2
13% Jan
13
10
preferred—
conv
500
54
54%
32
*31
20
54
*102%
13
6%
1
50
Industries Inc com
Wood
4%%
7
Jan
23
11
37
Jan
100% Jan
13%
9%
149 %
♦18%
Oar
Oct
102
No par
Gardner-Denver
Dec
58%
Apr
xlOl
Co
8
9
Jan
33
Feb
100
♦12%
20%
20
53 %
20%
*20
43
19
19
No par
9
11
11% Feb
Oct
109
10% May
100
com
preferred
Co (The)
6% Jan
13
Aug
Inc (Robert)
Co
S%
5
Oamewell
14
5
26%
Gair
2
.
20%
•700
20%
20%
20%
20%
20
54
7%
7%
20%
20
20
8
*7%
1
1;
20
(The)
Co
21% Jan
27
Feb'13
5% Feb
Gabriel
20%
Shares
t per share
Sper share
share
$ per
share
20%
—
21%
14% May
24
Feb
104
x50
Feb
107%
Sep
50
"43
Aug
61
42 % Jun
104
$ per
Mfg Co
Tarrant
A
the Week
Feb. 27
Feb. 26
for
Sales
Friday
Thursday
Feb.25
Feb. 24
tper share
$ per share
>:
5/"' "20%
207/8
Ferro Enamel Corp
1
20
20
Fidelity Phen Fire Ins N Y
10
55% 55%
Firestone Tire A Rubber com
25 ;"
44
44
4%% preferred
—100
. *103
>104%v
First National 8tores
No par
52% 53
'
Firth (The) Carpet Co
No par ,: .
*14% 14%;
Plintkote Co (The) common—No par
* 33
33 >
$4 preferred-.
No par
*98 -100
Florence Stove Co
No par.- - *30
32
Florida Power Corp__
:
7%\
- 13%
13%
Florshelm Shoe class A
:—No par
••♦17
18 Va
Follansbee Steel Corp
10
24 %
24%
Food Fair Stores Inc.
>
1
*
9%
9%
Food Machinery Corp (new)_
10
*33% 34%
3%V# cum conv pfd
100
90% 91%
Foster-Wheeler Corp common-—10
*25
25%
6% prior preferred
25
*23
-23 %'
Francisco Sugar Co
No par
13%
13%
Freeport Sulphur Co
10
37% 37%
Froedtert Grain A Malting CoInc_l
*10
11%
Fruehauf Trailer Co common
1
• '*18%
18%
4% cum preferred
100
*77%' 78%
Felt
6
HIGH SALE PRICES
Wednesday
Tuesday
^
Feb. 23
Feb. 21
-
t per
'
Monday
Saturday
STOCK
EXCHANGE
Highest
Lowest
YORK
NEW
Range since Jan. 1
Year 1917
AND
LOW
STOCKS
67/a
6%
233/4
23%
23%
23
23
22%
22%
22%
22 34
223A
85
383%
98%'
*83%
*83%
;
383/4
'*37%
38
98%
98
98
383A
800
300
30
85
85
•
'
;
500
260
18
.tS
FINANCIALCHRONICLE
•VV
COMMERCIAL
THE
(954)
Monday/ March 1, 1948
'
NEW YORK STOCK RECORD
"
NEW
Range since Jan. 1
Highest
Year 1047
YORK
.7'Saturday
%
STOCK
EXCHANGE
Lowest
Highest
t per share
$ per
5 per share
49'/a
Nov
68
165
Jan
'14 Va May
22%
63
Feb
134
Mar
126
Sep
Dec ""
Va
Dec
20
38 v
Oct
Sep
134
29%
2
Hercules
14% Feb
46% Feb
10
24
53 % Jan
Feb
21
121
Jun
Jun
li%
5%
10
30
Sep
21
121
Jan
Jan
21
Feb
4
27% Jan
27
x20% Feb
47%
46%
47 %
Feb
17
27
14% Jan
Dec
Hinde
16
Nov
20
Feb
24
25 % Jan
Hires
Jan
21% Feb
5
26% Jan
Chemical
Holland
15%
15
share
52
52
■>
47%
Oct
13% Feb
11
15
Jan
15% Feb
14
Hollander
20 % Feb
Jan
46%
47%
123%
123%
123
122
29%
21
19%
19
*81
12%
81%
*81
12%
12%
12%
12%
12%
12%
28%
28%
2G'%
•28'A
29
28%
*19%
22%
*20
22
19
20
20%
21%
14
48
Jun
38 % Feb
11
42% Feb
24
Nov
36
Dec
26% Feb
11
35% Jan
2
Hourtnille-Hershey
17%
17%
41
42%
28%
28%
*28'A
14%
14%
*13%
40%
41 %
5
28%
28%
*14%
100
1,500
81%
:v7'7\_
12%
4,700
29
*81
14%
14
19%
14
19%
20
200
100
19%
•
40%
42%
41%
41%
29
41
5,300
19%
40
28%
28%
29
29
14%
14'/a,
7,000
v
14%
•
13% May
19%
Feb
14% Feb
11
17% Jan
5
44
Dec
56
Feb
36
Feb
27
46% Jan
14
28 %
Jan
36
Oct
29% Feb
10
34% Jan
2
85
Dec
105%
Sep
89
Jan
6
91% Jan
23
37% May
45%
Jun
38% Feb
20
42% Jan
5
16%
Jan
28%
Dec
20% Feb
11
28% Jan
12
20%
Dec
29
Feb
19
Feb
11
22
Jan
9
38% Mar
33
3%%
Sound
Jan
31
36% Feb
26
Howe
4% Jan
2
6 % Jan
29
Hudson &
9% Jan
34% Jan
12% Jan
21
Feb
20
38 % Feb
2
21%
7% May
May
12% May
15 % May
Oct
15% Feb
27
21 Va Jan
15
Jan
15% Feb
13
18
Jan
5
Hunt
40
38
30
29%
23%
*90
91
*90 %
91%
91'A
91%
Texas
No par
3% Feb
14
4% Jan
2
Hupp
t
v
*38%
40
*38%
39%
39%
25
22%
23
23
23
23
23%
20%
20 %
20%
20%
*20%
35
35%
c
5
Corp
7%
7
5%
.
10%
11%
35
16.66%
16%
16 Va
*3%
3%
Inc.,
1"
20,
32% Feb
11
35% Jan
Idaho Power Co
27% Feb
11
32 % Jan
Illinois Central RR Co common—100
37% May
64 %
Dec
62% Feb -11
93
Jan
97
Aug
96
15
Jan
'",26%
Dec
24% Jan
7% May
x21
Dec
11%
Dec
9% Feb
Jan
20% Feb
17
12%
30%
Jan
72
6ft
Jan
pfd
conv
non-cum
96 % Jan
Leased
22
28% Feb
RR stock ctfs
11
11% Jan
15
lines
Indianapolis Power & Light__No par
22% Jan
*21%
Industria
*14
21%
14%
17
July
14
Feb
27
15% Jan
28
Dec
39
Feb
10
49% Jan
5
Industrial Rayon
Ingersoll-Rand common
6%
preferred
107
May
136%
Oct
119
Feb
20
130% Jan
9
169
Dec
180%
Feb
150
Feb
10
153
Feb
10
Electrica
De
Mex, S
1
Oct
35
Feb
13
40% Jan
2
Inland Steel
Nov
15% Feb
11
17 % Jan
2
8%
Feb
6% Feb
11
7% Jan
9
Inspiration Consol Copper
Insuranshares Ctfs Inc___
35% May
50
Jan
40
Feb
11
46
Jan
5
Interchemical
108
Mar
98
Feb
27
103
Jan
8
7
Feb
2% Feb
20
3% Jan
6
Intercontinental
15% July
11% Feb
11
14% Jan
2
Interlake
125% Feb
10
Feb
19
Int'l
Business
92% Jan
10
Int'l
Harvester
3
May
9% May
70
Jan
163
Dec
186%
Jun
6
May
10%
Feb
95
22 % May
76
Dec
July
80
Feb
139
11
Feb
167 % Feb
26
5% Feb
11
163
34%
Oct
23% Feb
96
Jan
74
6% Jan
33% Jan
11
7
8
7%
Corp
Machine
6%
*41%
4%
preferred
27
28% Jan
9
Int'l Nickel of Canada
2
136% Jan
21
Dec
36%
Feb
25% Feb
*24%
130% July
38% May
137
9
Dec
»
Oct
43% Feb
27
53% Jan
2
Sep
87% Feb
26
96% Jan
15
16
Jan
1
Feb
116
Apr
37%
Jan
59%
May
46%
135
107%
Dec
104
Dec
Feb
10% Jan
10L
Feb
2
13% Jan
7
27
107% Jan
29
$4
58% Feb
52% Jan 24
54% Jan
29
Dec
41% Feb
27
45
12
International
40 % May
63%
Oct
45
Feb
11
56
32
40
Feb
32
Feb
10
34
17%
Feb
11% Feb
11
17%
Feb
"11% Feb
11
14% Jan
24
26%
Feb
17% Feb
14
Jun
9% May
9% May
19
Apr
20
May
27%
Oct
Jan
Jan
5
Jan
28
14% Jan
24
,
21
Jan
2
7%
Jan
158
5
31% Feb
26
Island
137 Va Jan
Aug
25% Jan
16
I9
$6
140
Jan
V
S per share
NEW
Range since Jan
Highest
Lowest
*3%
25%
25%
25%
25%
15
com
44%
*'*31
*52%
vt
46
17%
*22%
30
*140
$ per share
$ per share
$ per
10,000
7 200
2,400
11%
11
103 %
101
53%
52%
*51
41%
41%'
41'A
41%
41%
46
45 %
45'A
45
45'A
102
41%
46
<
*31
V
32
*31
y
100
52%
32
*31
32
160
102
t
800
•
400
v
20 300
12%
12%
12%
12%
12%
11%
12
12 Va
12%
12%
12%
12%
11%
12
18%
*17%
18
18
18
17%
17%
500
23%
22%
22%
300
31
600
17%
*17%
23%
144 %
30
*140
144 %
AND
HIGH
31
31 Va
*30
144%
'140
144'A
*140
SALE
Tuesday
Feb. 24
Feb.25
$ per
share
J per
7,
share
2.100
$ per
Sales
$ per share
for
the Week
Feb. 27
Feb. 26
share
144%
Friday
Thursday
Wednesday
Feb. 23
,,
12%
PRICES
Monday
$ per share
*22%
23%
31%
'140
7
22%
30
*22%"
*30
22%
v>
30
Feb. 21
Par
150
87%
44%
12
Saturday
share
-
12
LOW
STOCK
*85
52%
11 %
11%
103
*53
32
\> *31
87%
1,000
14,800
11%
43%
46 Va
87%
11%
42%;
4g
V.
,.**44%
•
45
89%
103
53%"
41 %
46%
3%
25%
12%
*12
1
103%
53%
32
11%
50c
11%
103%
v.
42%
,.*44%
No par
new
7 *11%
12
*52%
—25
com
88
v77
136
136
136 %
46
45%
88
1C4
.*42
25
common
44%
*11%
136
136
*87
443/a
*103%
No par
136
136 %
*136
-
89
*87
100
Shoe
136
136
No par
YORK
*74%
25 %
EXCHANGE
Highest
'
76
25%
STOCKS
Year 1947
1,500
1.800
25%
preferred
Range for Previous
Lowest
76
5%
24'A
25%
No par
Coal
*74%
24%
q;
730
5%
24'/8
5%
25
25%
Salt
Creek
24%
*74
76
5%
24%
com,,No par
Intertype Corp
13
164%
163
6
165
3%
Telep & Teleg—No par
Foreign share ctfs
No par
Interstate Dept Stores
No par
18
85
164
3%
preferred
22% Feb
8,100
86%
3%
International
29% Feb
1,000
85%
134%
85%
*3%
Co
International Silver
133%
134'A
86%
3%
preferred
45
133%
134%
3%
Int'l Rys of Cent Amer com__No par
5ft
900
1 300
12
3%
preferred
International
2%
11%
•
2%
11%
164
100
2%
11%
2% >7
2%
6
1,300
99
98
99
99
*3%
100
Paper
43
15%
1
Preferred
International
7
*41 %
12%
163'A
24%
*74
'«
*6%
41%
86%
6
24Va
76
6%
134%
166
5%
24 %
*74
*
99%
164
1,500
15%
6%
99%
86%
15%
36 Va
15%
>
35%
2,100
*41%
*99
136
300
36
35%
43
2%
1,900
156
*41%
11%
5%
*153
43
86
167
5%
100
International Mining Corp
25%
*166
156
7
134%
7
14
42%
153
15%
12
500
14
42
120
*6%
3
1.50O
21%
14%.
43%
120
36'A
36
12
86
*21%
1.20O
120
-15%
*2%
137
85 %
_100
5
11
*136
21%
9%
120
6%
*99
3
21'A
15%
"41%
100
12
Int'l Hydro-Electric Sys class A„25
Int'l Mining & Chem common
5
20
3% Feb
7
*9%
156
*153
30
;
77. 170
120%
'
43
9%
42%
600
97
26%
26
26%
*14
14%
120'A
35%
15%
7
9%
43
•
6%
preferred
.
*95%
97
*26%
•
21%
42%
35%
/
15%
6%
No par
Jan
Feb
36
*153
*15%
new.No par
common
67%
21%
42%-
156
*2%
67%
*14%
.7
*11%
67%
14-%
156
No par
Jan
5%
42%
No par
4
9
Dec
143%
Rubber
67%
*95%
21%
21 >
No par
Iron
14,700
9%
122
100
1.900
28 %
9%
*152%
100
33%
27%
27
27
9%
42%
•
1
preferred
33
29 Va
96
96
26%
'>'*14%
.—20
com
33%
28%
69%
7: *120
36
33%
29%
*67%
122
No par
78
Feb
3%
94%
2
-
Co
33
67%
nig
100
17%
4%%
42%
No pair
Apr
12% May
6% Sep
Dec
A
800
5,700
67%
.
9,100
3%
*95%
9%
3,800
15%
16%
32%
26%
10%
35
15%
3%
728%
><"•
500
10%
34%
16
*15%
32%
7%
9%
50
100%
27
,•
7
6,700
5%
3%
28%
97
300
2,800
36
16%
28%,
,V
•
5%
3%
32%
CLOSED
9%
Jan
42
67%
97
,
35%
11'A*
16
3%
7
EXCHANGE
*26
16
3%
3%
3%
7
28%
.,5
15%
16
16
4,100
20%
35%
10%
35
16%
7'V
"STOCK
33 %
28%
*
35
15%
■
300
22%
21%
6
.
60
90%
39%
39
36%
*5%
400
1,100
*20
20%
35%
11%
34%
15%
15%
23%
'7
38
30
90%
39%
22%
6%
7
*66
—,1000
Illinois Terminal RR Co
"
*38%
*20
36
*10%
11%
,
92
*90%
20%
6
35
7 15%
*95%
100
series A
11%
34%
"
15%
33%
7
A_100
ser
4%
x35% May
33
6%
35
15%
39% Aug
Dec
35%
6%
—100
Car
32%
May
35%
6 %
—No par
preferred
Motor
18% May
30
35%
Min & Sm Ltd—No par
non-cum
Hudson Bay
Hudson
40
5%
common—100
Manhattan
36
29%
38
29%
Corp
Co
Foods
Feb
43 %
3% May
of1
Oil
Feb
7%
33
39
29%
100
Lights Power
Houston
30
May
39
29%
*38
v
500
1,400
'
39
29%
No par
com
preferred
Houston
14%
*38
,1^
Fihance
Howard Stores
14%
14%
*29%
50
preferred
conv
13% Mar
31 % May
3
$2.25
Household
com
••
1.80O
15
*13%
14
20%
*13%
14
19%
21%
22%
23
.■■
40O
22%
*20
21%
22%
180
18'A
7% 18%
81%
*20
22%
22%
17%
Hooker Electrochemical Co
19
*81
„
*13%
No par
Jan
30
22
18%
81%
-*81
20 %
!
1
"21%
22
22
81%
*
22
18%
J
.
21%
11%
28%
'£0%
19
7h-77—'
28%
12%
*28
.—,,12.50
Mining
35%
''
29
118
*21
23
21
140
124
*28
*21
;
5,400
118
118%
*118
+
200
47
*123
29
7*28%
118%
118
■
.
,
15%
46%
'
29%
*28%
119
——5
(A)
Holly Sugar Corp
Homestake
122
*28
10
& Sons
25
;
46%
'
500
-
143
*14%
15%
*19 %
Corp
(Del)—_———5
Furnace
29%
*28
1
cum preferred——
100
Hotels Corp
5
& Dauch Paper Co——,—10
Co (C E) The
-1
Hilton
20%
*121
119
28% Feb
25
121
119
11% Feb
14 % May
47%
Shares
*140
52%
143
*140
the Week
Feb. 27
$ per
share
52
7
143
*15
15%
119
31%
May
*14%
121
X29%
'
52%
52%
*140
15%
100
No par
Dec
17
No par
common
preferred
Heyden
3% ft
Feb
81
Powder
$4- conv
Apr
33
<"15
Hershey Chocolate com
Jan
Jan
21% May
Va
_No par
Motors
$ per
$ per share
7:
52%
143
preference——No par
Hewitt-Robins
Inc
;—.-5
128% Feb
27% Feb
30% Jan
22
*52
*140
Feb.26
for
Sales
Friday
Thursday
'
X117
Sep
52
143
PRICES
Wednesday
.
t per share
7
52
>140
1
Feb. 34
S per share
$ per share
25
common
non-cum
SALE
Feb. 25
Tuesday
'f
Feb. 23' .'
preferred——100
W)
Hercules
7%
17 Va Jan
81
10%
26
(G
19
142% Jan
18% Feb
29
118
Helme
Jan
7
55
Par
share
9
Jan
140
Feb
50'A
$ per
share
51% Feb
Jan
Dec
v
Monday
Feb. 21
v
'
140'/a
HIGH
LOW AND
STOCKS
Range for Previous
Lowest
$ per share
,
Shares
7%
1,700
"
I
J
6%
Jun
19%
Dec
80%
Dec
13%
39% May
89
Dec
53
104%
„
3T
Feb
7% Feb
24% July
Feb
27
9% Jan
2
Jewel
18
44% Jan
30
92
Feb
13
93
Feb
2
Jun
46%
Oct
34% Feb
10
Dec
125%
Oct
100% Feb
11
34 %
July
20% Feb
19
98
Dec
112
Jan
100
Feb
10
102
Jan
12
145
Dec
151
Dec
145
Jan
29
152
Jan
6
27% May
39
Feb
29% Feb
11
101%
Feb
83 % Feb
6
Oct
31% Feb
14
Jun
"7 » 7 '
20%
92 %
39% Feb
40%
8
8
20 Va
*91'A
Sep
Jan
*7%
*
Jersey Cent Pwr & Lt 4%
Jan
25%
1
Jaeger Machine Co common- No par
30
Sep
Dec
Co
20% Feb •73
92 % Jan
24%
86%
(F I)
6
5
Jan
108%
.
Jacobs
19% Jan
83
104%
22% Feb
41% Jan
111
2
Jan
9
26'A Jan
5
34% Jan
5
Tea
3%%
Co
Inc
pfd—100
No par
com
cumulative
Johns Manville Corp com
3% ft
preferred
4ft
No par
101
*il
Jones &
Laughlin Steel
'•;
150
com— No par
.
7
11
40'A Jan
2
Joy Manufacturing Co
11/
17% Jan
2
Kalamazoo Stove & Furniture
5%
preferred series A
29%
30
100
*85%
.<'W:
33%
33%
10
14%
14%
/.
Feb
Kansas
94
Dec
16
May
108% Mar
29%
90
Feb
17
93% Jan
13
3.8%
preferred.
100
Dec
23% Feb
11
29% Jan
2
Kansas
58% July
48% Feb
27
54
Jan
5
4ft
18
Nov
Feb
26
16% Jan
15
preferred,:
Kayser (Julius) & Co
20% May
13% Jan
26%
Feb
20% Feb
20
24% Jan
lo
Kelsey Hayes Wheel
21%
Oct
17 7 Feb
10
21% Jan
2
Class
41 'A May
52 %
Jan
42% Feb
13
49
Jan
2
Kennecott
43
23
39
Apr
49'A
Feb
36
Feb
21%
Dec
27%
Feb
19
Feb
11
Dec
116%
Feb
92% Feb
21
103
13
Jan
31
Jan
8
103% Jan
2
11% May
20
Feb
11% Feb
19
13% Jan
17
65%
85
Jan
64
27
75
Jan
2
Jun
Feb
25
May
90
Dec
34
Jan
40
Oct
32
Feb
13
45
Jun
59
Feb
45% Feb
16
40%
Apr
52%
Oct
41
13
38%
4% May
Oct
29% Feb
102% Aug
91% Jan
7
Feb
Feb
4% Feb
11
5
34% Jan
2
City Southern
10
49 %
Kinney
Koppers Co Inc
2
Kresge
Feb
3
Kress
Jan
2
Kroger Co
17
(S
11
5% Jan
11
10% Jan
9
28
23% Feb
17
Lambert
14%
Feb
9% Feb
13
11% Jan
31
Feb
21% May
30%
95
Dec
9
Va May
30 %
Jun
4 % May
1% May
101
Laclede
48
Jan
3(1
Feb
27
44
Jan
16
Feb
23
Feb
27
26% Jan
2
Lees
Apr
95% Jan
31
98% Feb
4
35
Vg'
34%
35 %
107
30
5,000
86
100
34%
3,100
600
15%
*14%
15%
91'A
91%
*90%
91%
25%
25%
24%
25
24
24
*49%
49%
%
25
50'A
50%
49%
49%
48%
48%
400
15%
2,000
21
15%
15%
15%
15 Va
15%
Xl5
15
*15
21%
21%
21 %
21%
*21
22
21
21
18%
18%
17%
17%
300
44
43
43%
10,100
38 %
*37%
38 %
x36%
36%
*36%
com.
100
1
common
No par
H)
ser
200
20'A
20%
20
20%
2,900
93%
93
93
93
93
*11%
12
*11%
*67
68
,66%
12
*11%
*GG
67
31%
31%
30%
31
100
*93%
94
94
33
33
31
33
.
31%
*94
94
*32'A
94%
3 3'A
47
46%
46%
*46 %
No par
43
43
42%
42%
42%
.4
4%
4%
4%
Lee Rubber
48
46%
42%
4%
5
*9%
9%
200
•21%
22'A
1,100
10%
10%
10'A
10%
10%
10
10
9%
9%
800
48
*44%
—No par
*10
-■
*44'A
48
50*
*44%
48'
5
*39%
40 %
com,.
39%
39%
3
*23%
24
23%
231/2
*97%
99
*97%
4% Feb
11
6% Jan
9
Lehigh Valley RR
1% Jan
2
2% Jan
30
25
.—50
1
com,—
Non-cumulative
preferred,—
preferred—No par
$3
50c nqn-cum
38% May
50%
Feb
41% Feb
25
49% Jan
5
10%
24
Jan
9% Feb
24
11% Jan
5
non-cum
1st
5,800
9%
22%
Feb
31
4%
4%
*9%
22%
Feb
31
4%
10
22%
3%
7% Jan
2,000
22 %
8%
23% Jan
42%
"*9%
Lehigh Portland Cement,
6
400
9%
9
19
900
47%
42%
42%
33'A
*46%
47
42%
20
94%
33%
33%
22%
5
5% Jan
*94
33%
9%
10% Jan
19% Jan
1,500
94%
*94
33%
22%
37% Jan
Feb
31
10 %
11
Feb
31
22%
27
9%
31%
31%
*9'A
Feb
25%
220
*22%
& Sons Co
Jun
100
65
No par
& Tire
Lehigh Valley Coal
11%
64
75 Pesos Mex
pfd
(The)
(James)
11%
667,
<
4%
5
100
12
66
*11%
12
67%
47
Light Co
Co
36%
20%
92%
No par
(The)
Gas
36%
20 'A
92%
92 %
37%
20%
92%
10
Co
&
92 %
600
20%
21
10
common
80
2,600
21
*15%
43%
10
*85
86
40
145
29%
30%
300
>
14%
43%
31% Feb
For footnotes see page 24
102%
14%
*17%
Jan
t
*101%
145
145
'400
21'A
91%
x42%
44%
■
*21 Va
101 % •V.
2,700
36 VB
102 %
102
14%
18%
Feb
■
40
900
%
*90%
14%
43%
12 Va
14 % May
Dec
35%
18%
3.85% cumulative preferred
100
Lehigh Coal & Navigation Co„„10
35% Mar
30%
43%
Bryant common
4%% preferred
27
39
7
*85
.
*44%
41
*44%
48
*39
*
35% Mar
5%
Corp
Consolid 6%
47% Jan
30%
86
77x35
35%
*140
44'A
Lane
Feb
30 %
*85
101 Va
*
18%
(S S) Co
Feb
56
101%
150
43%
Cumulative preferred 4%
21% Jan
56%
21%
*100
.
35%
36%
102'/a
21%
.
*18%
2nd preferred,—
(G R) Co
Jan
Jun
x36%
*100'A
22
18%
$5 prior preferred
Jan
May
38
5
24%
*49%
20%
14
-
37
103
*21'A
*140
91
91
24%
*37 'A
44
May
*14%
92%
49
No par
La
33%
*91
No par
Dec
9
92
—No par
Copper
conv
Dec
9
20%
*91
101 %
*24%
Kimberly-Clark
20
46%
92%
*91
92%
1
Jan
50
100
class A—1
conv
B
38% Jan
95
No par
com
non-cum
Keystone Steel & Wire Co
4%
40
36%
•
85%
>>-77>e7^;-7>7-7:
*39%
39%
*101%
.22
30%
:
40
*91
102 %
777 85%
•77
90
40
400
21
*89
City Power & Lt Co—
47% May
13% May
xl5
40
V 77: 30'A
'CLOSED 7
K
14
STOCK
EXCHANGE
86 %
—I
...
*20%
90
:
150
*100
•'7.<:/777 v: -7.7 7 y *140
!
13
7 *21%
7%
20%
*89
40
36 Vg
*100%
•
101%
*140
.-•/ '
".;>7"y •>•'
■7'.
7%
*20%
90
20'A
92%
•77.36
'7.7
■
.
21 %
*ioo
39%
7 7 *91
7%
8
20%
*89
20%
91%
90
•
7%
8
*20'A
;
7.
36
101
IOO
RR stamped
Jan
89
39%
7/7
100
2nd preferred series A_
Joliet & Chicago
35%
100
common. —12%
—
Johnson & Johnson
*91
;
.
9 2'A
39 %
preferred —100
•'
2nd pfd
Lehman Corp (The)
Lehn & Fink Prod Corp,
50
No par
1,
5
23%
*97%
99
10%
10%
10%
32%
32%
32
33
32
4%
2%
4%
4%
2
2%
•
*30
4%
2
'
40
*21%
22%
21%
21%
*6%
6%
6%
6%
41%
41%
*41%
10
42
10
.
-
9%
4%
2
40
*30
10
200
23 %
23
99
97%
97%
*96%
97%
80
10 Va
10%
10%
1,900
32
31%
31%
1,500
■
10%
10
31%
5
2%
40
*30
7
39
23%
*39
'
32%
10 Va
10%
48
39
40%
23%
*4%
5
4%
23
4%
2
2
2
40
*30
-
2
*30
-
800
1 400
40
2,500
'
21%
21%
21%
21%
21%
1,400
6%
6%
6%
6%
6 VB
700
41%
41%
41%
41%
41%
41%
2,200
9%
9%
*9%
10
9%
9%
1,400
21%
6%
's
SA'
Volume
T
»4»
e?
i ry »*'
i
t' TjW
v v „\ A
V.i
.»• •>.*
COMMERCIAL
THE
Number 4677
167
i
\*\
v
,'A
■
ytVJjy^ V.>y
*•#
.
FINANCIAL
&
19
(955)
CHRONICLE
YORK STOCK RECORD
NEW
'
Range since Jan. 1
Year 1947
12
5
Apr
Oct
8% Feb
13
9% Jan
9
165% Feb
26
38 % Jan
Life
32% Feb
11-
91
Liggett & Myers Tobacco
40%
191% July
84
X48
37
Dec
33 % May
Dec
47
19% Jan
56% Jan
Apr
24 %
Feb
11
Feb
14
10
Dec
63
56% Feb
16
66
Jan
Link
Belt
28% Feb
11
33% Jan
Lion
Oil
19% Feb
13
23% Jan
Liquid
83
35%
Dec
30%
Jan
100%
Feb
Dec
173% Jan
McNeill
Savers
8% Feb
Aug
V%
Libby
Jan
,
,
41
-
Jan
Feb
13
13% Jan
2
Feb
15% Feb
27
Feb
57% Feb
27
19% Feb
27
25% Jan
19% Jan
$ per share
16%
16%
16Ya
16%
16%
16%
X47%
47%
47 V*
47 34
47 Ya
47 YA
1,900
8Yb
8 Ye
3,100
34 Ya
*33 Ya
34%
*33%
34%
34
34
88
*87
t'7%
87%
88%
87 Ya
88 Y4
165 Ya
165 Ya
9
8Ya
8YB
9
9
8YB
20
Feb
18%
Dec
27
58 Vs
May
79%
12% May
23%
17%
Apr
137%
Dec
21Va
Dec
29%
Jan
21% Feb
39%
Dec
53
Feb
39% Feb
Jan
17% May
93
Dec
18
Feb
Carbonic Corp
141
Jan
Lockheed
18% Jan
19
,Jan
21%
172
"
16% Jan
6
149
Loew's
167%
*37%
39%
*37%
39%
*37%
93/8
9'4
9%
9%
9%
9 Ya
93/4
*57 Ya
58%
57 %
58%
58
58
31 Ya
301/4
30 YB
19%
*193/4
20
80
*79
80
59
>
166
59
58%
30 y4
""58
.:
30
167 Ya-
*
30 Ya
30%
30%
20Y2
*19Ya
20
20
20
19 YB
*79
80
*79
80
*79
80
30
,
*37 Ya
39
31
*19'/2
100
Inc
Lorillard
7Yo
(Pi
Co
11
23% Jan
14
Louisville
Gas
*79
25
44 Ye Jan
8
Louisville
&
Lowenstein
Oct
Feb
11
25% Jan
9
93% Feb
19
96 % Jan
15
4Y2%
19% Feb
11
24% Jan
8
Lilkens
Nov
36
Jan
27
40
Jan
2
V
Apr
142
Feb
13
142
Feb
13
: .60 -:
Oct
43% Feb
11
Jan
31
Feb
10
36% Jan
b
Mar
100
Jan
2
101% Jan
10
Macy (R H)
4 y4 %
pfd
Madison
41
134
Nov
152
(M)
9 9'4
41%
111
Dec
11% May
16%
Dec
455
18%
Jun
6.
May
:
9%
14
6
9% Feb
12
11
Jan
7
:
.
;'
Square
Mahoning
2
Manati
Feb
8% Feb
13
9 Yb Feb
24
Mandel
Bros
Feb
10
27
6-% Feb
20
71/4 Jan
8
Marine
Midland
Feb
20
16 % Jan
23
Market
St Ry
8'
Feb
Dec
Feb
15
7 Yb Jan
27
Maracaibo
23 % Jan
14
Marathon
14
*26% Jan
97
Jan
6
102% Feb
14% Jan
2
la-^8 J an
1»
14 % May
_22% Feb
Jan
4
Oil
*144
147%
21%
21%
21%
39%
40 YB
39%
21%
22 YB
40%
21%
22
21 %
94
*92
94
21
Y4 r,/o
24%
Oct
15% Feb
10
19% Jan
16
Jan
47% Feb
11
60% Jan
12
Masonite
20% Feb
10
24
13
Master
36 Yb
46
31 Yb
32
11%
10y8
10 1/4
*10%
600
10%
530
*450
530
*450
j.—■
73/4
7Yb
7Yb
*7Yb
7%
7Yb
7Yb
9'%
9%
9i/4
91%
9
9
900
21'%
21%
23
*21 Ya
23
6%
63/a
6%
20 'A
19'%
*21'%
19%
6%
6%
*15
*15
*23Y4
23Y2
*l5Ya
15%
15%
*-4734
483/4
*47%
21Ya
21Ya
21 YB
16
48 Ya
21Y4
21%
28%
21 Yb
16Ya
100
16
48'%
48%
1
3%
23'%
15%
15 3/4
No par
6
*15
I5Y4
15%
No par
6%
23%
102
*100
102
15%
15Y2
23'/b
23%
*100
102
*100
*15
15'%
23%
28'%
28'%
15%
100
6'%
6'%
2,700
19'%
63%
19%
15%
6%
6%
6Yb
f
I5Y2
.
23
*21'%
23
6.Y4
19'/4
6Yb
*19%
1
19%
1,200
6 3,4
3,400
t
6Ya
6%
15'%
*15
15'%
23 Ya
23
23 >/A
*100
101 Ya
100
2,500
40
•
3,100
15%
16'%
16
400
500
*153/4
16%
15'%
15'%
48 '/a
48'%
48'A
48 'A
21
21'%
.20'%
20'%
700
28 Y4
28 'A
281/4
800
"
175
35%
Dec
Dec
82
Dec
103
9
Jan
12
176
Jan
26
Feb
365/a Feb
24
42% Feb
3
/Feb
85 % Jan
28
89 % Jan
16
$3.75
preferred
Feb
6
89% Jan
12
$3.75
cum
x81Y« Feb
11
Jan
13
$3.40
10% Jan
5
Maytag
43% Jan
21
$3
preferred———__—__No par
9
$6
1st
41% Jan
12
McCall
28% Feb
26
McCrory
Jan
,
175
84
97 Yb Mar
7% May
42
Jan
27% Feb
100% Aug
v
v
14%
■j
Jun-
50:.
108% Mar
w
Nov
9% Feb
25
110% Feb
10
Jan
24
May
33%
Feb
107 3/4
Feb
Dec;Mar
May
46
Dec
85
11
440'4 Feb
48%
24
1
Jan
•
May
35
.
/Jan
113
35 %
82
32
25
Feb
88"
i
Feb!*
Jan
112
6
11
.
Jan
Feb
92
5.
Mathieson
/• -:7%
25
42% Jan
15
McGraw
24 % Feb
11
28% Jan
12
McGraw-Hill
Feb
45-
Jan
23
50
Feb
25
30% Feb
25
34% Jan
12
93% Jan
26
/ Jajl
87
Jan
5 •'
25%
Feb
18% Feb
11
21% Jan
21%
31%
Feb
19% Feb
11
24% Jan
12
:
20
41
Mar
/
16% Feb
27
20
Jan
5
Feb
26
94
Jan
19
4Y4 %
36 % Feb
27
41% Jan
12
4Vc
Jan
20 % Feb
16
24
Jan
10
Melville
24%
Jan
143/b Feb
5
Mead
Corp
Inc
No par
pfd
Shoe
11
18% Jan
Feb
52% Feb
10
57% Jan
6
12% Jan
28
14% Jan
2
Jan
43% Jan
13
49
Feb
18
Merch
&
Min
Jan
44% Feb
Merck
&
Co
88
47%
Dec
Jan
111% Aug
:
86
*
160
83
*81 YB
83
*81 YB
83
..."
101/4
10
40%
42
112
*9%
10'A
42
*110'%
28%
28%
28Ya
28YB
*34
28%
*36
26Y2
93
*91'%
93
36'%
37'%
*37
37 Y4
26Y4
26'%
*25
26
49
50
*25
5'/o
(The)
Co
1st
conv
Mercantile
Co
Jan
9
90% Jan
27
22Y« Jan
9
$3.50 cum preferred
Merritt-Chapman & Scott
26
5
Mesta Machine Co
ten
6
8
Metropolitan
41 % Jan
Jan
18%
18Ya
21
*19%
20 Yb
*17Yi
17Y2
16%
17
89
*88
89
88
88
87
87
87
87
38
*36
38
*36
38
*36
38
36%
36'%
100
22
22
22%
22%
1,900
15%
16
*36
17%
213/a
21%
30 Yb
90
90
*90
-A
91 y2
19
19
18%
19
*18'%
19'%
19Y8
19%
19YB
19 Ya
*193/4
20'%
-200
17Ya
16%
1,400
22%
17
15Yb
15 Y4
15%
16
*53'%
55%
53%
x
13 V\
13%
13%
13%
49Y2
*49
49%
49
48
13%
13 Yb
49'%
49
48
48
48
48'%
*86
90
*86'/4
90
*86%
*18
18%
*18YB
18%
37 V2
97Y2
*37
37%
97'
97Y2
*96'%
*86 V»
STOCKS
since Jan. 1
Range
Lowest X
Highest
$ per share
$ per share
12% May
18 V8 Mar
13
Feb
Apr
48%
Dec
38% Feb
11
29 Ya May
45%
Nov
36
Feb
14
Mar
129 Ya Feb
11
15 %
Nov
12% Feb
27
14%
Feb
103/a Feb
$ per
,
11
33
11
27
Jun
156
4=Z
10% May
6% May
47% May
,
NEW
share
2
Miami
2
Jan
9
Midland
41
137% Jan/ 2
15 y4 Jan
5
13% Jan
.2
54Ya Jan
2
66 %
Jan
45
Dec
; 114%
Feb
88 % Jan '
5
94
Feb
5
Apr
70%
Dec
57
Feb
10
70
Jan
5
99
Dec
102%
Dec
99
Jan
2
102
Feb
11
7
May
15
Dec
11 Ya Feb
20
15% Jan
9
104
Jan
123
V
3% May
V
8
-
*18
363%
97
7
53 Ya Jan
2
Mission
5"
Mo-Kan-Texas
2
5
Mohawk
9
Feb
11
11
Jan
5
Mojud
...Feb
24% Jan
23
27
Jan
12
493/4 Feb
11
61% Jan
2
Feb
64%
Feb
48% Feb
Dec
13% Jan
21
May
27%
Dec
25
19
9
% May
■*-£?. 14%
•
17
May
27%
9
Montgomery
5.
9
Morrell
preferred
23
13% Feb
2
Motorola
25% Feb
2
Motor
Products
Motor
Wheel
19% Feb
40%
Dec /
.112
.
.
'Jan
; 16 Yb
21 Ya Feb
16
19% Jan
9
Mueller
Brass
5
Mullins
44%
18
Jan
10
16
14% Jan
21
16 /
37
108 ;
2
..
Jan
5
Ill
Jan
13
Feb
11
17
Jan
2
40
Feb
16
42 Ya Jan
16
50 Ya Jan
Feb
Jun
56
"Jan
23
55 Ya Jan
5
=
May
Feb
19 Yb
153/a Feb
11
17 Yb Jan
19
May
29%
Feb
20
Feb
24
>251/4 Jan
May
30
Jan
24
Feb
14
16%
Jan
7 y2 Feb
27
83/4 Feb
11
11Y8 Feb
17
v
Dec
May
May
;
;■
Jan
211/2
;
Feb
.
,
Feb-
34
Dec
'
Feb
187
Jun
29Yb Feb
26
26 VB Feb
1
20
164Y2 Feb
10
26%
Feb
Ya Feb
27
13Y4
Feb
6Yb Feb
11
May
431/4
Dec
331/4 Feb
10
Dec
14 Yb
Jan
61/8 Feb
27
Dec
15Ya
Oct
ll Ya Feb
13
Jun
8
Ya May
33
7Yb
13
14
,16%
341/4
■
Dec
165
13
13
Xl3%
13%
13'/a
13%
11
/
11
IOYb
11
11%
11%
IOYb
11%
102
102
1
11Y4
IIY2
114Y2
114Y2
102
xlOl
11%
llYa
114'%
113%
46 >/a
471/8
closed
48
101
7
$7
1,700
4534
45
45%
*93
94%
58%
*101
11%
114%
114
50
487/a
200
500
101 Ya
11%
180
11%
*101
12'/b
1400
.
57%
57Ya
101%
5,000
113
.
11334
390
48
114
49Y8
5,300
49%
•'
4 %
5,700
14 Ya
14Yb
1434
14 Yb
15%
14%
14%
14Yb
141/2
3,700
*37
38%
37'A
37'4
37Y4
37%
38
38
36 Yb
37
*9
93/a
9%
9%
*9%
9%
*9
26YB
25'/4
25'4
25%
25%
51
51
51%
51"%
52%
105
*103
*25%
5
4
4%
4Vs
143'4
51
1/8
4 Yb
4Ya
.
106
*103
4%
4.
*251/4
52
4 '/'a
9%
4
5134
No par
*102%
105'%
49 Ya
49Y4
49 Yb
49Y4
50Yb
49%
50 3/8
14%
14%
14%
153/a
14%
15%
14%
14 Yb
27
25%
26
Corp——.
Co__—/.I.
j__
*12
23%
20 Y4
5
1
*25'%
26
*16Y2
26
'
*25%
/ 20Y4
preferred
No par
*103
12%
12%
12%
12%
12'4
12%
1,300
24
24%
24%
24%
231/4
23Y2
1,800
2OY4
2b'4
203/b
•20'%
*20Ya
20%
17
'.
900
20'4
20%
13
17%
16'%
173/b
173/b
17%;:;
17
17Vb
2,500
20%
20 YA
20 Yb
20%
20Ys
21 V ; :
20%
20%
19%
20%
2.300
,
'
*103
105
105
*103
105
*103
105
11%
11%
11%
*11%
11%
*11%
11%
35
34%
34%
34%
34%
343/a
343/4
109
*108'.4
108%
108%
108 3/4
108 3/4
*108
200
12-%
*34Y2
..100
4.400
24
*11%
109
10
13 Y4
13 Ya
preferred—___-u_________50
*38Y2
40%
*39
41%
*39
41
(F E)
*50Y2
51 Ya
*50'%
51%
*50'%
51%
com
6,800
14%
251/4
i2Ya
1
preferred././.....
49%
14'/b
24 Yb
49Yb
*
23%
/:
12%
23%
5
Murray Corp of America
200
103
103
105%
49%
*25Y2
200
5,600
52
*
107
No par
5
200
26 3b
*251/4
5 2 3/8
400
9Yb
*9
,
263/a
Murphy Co (GC) common/.—
4%
IOYb
92%
Munsingwear Inc...
43A'/o
2,000
IOYb
y;
13
58'A
12
110
12 Yb
92'%
•
58 Vb
200
133%
4534
46
92
114%
exchange
45Y2
45
45Y4
92
X58Yb
11'%
stock
133
20
Myers
& Bros
No par
2
Nash-Kelvinator
Corp..^
5
i5Ya
9
Nashville
Chatt &
St Louis__.__100
*21 Yb
5
National
Acme Co
1
29
National
Airlines..
10% Jan
5
National
Automotive
13% Jan
16
National
Aviation
35
Jan
10
National
Battery Co
30 Yb Jan
5
National
Biscuit
29
Jan
9% Jan
,
For footnotes see page
20
24
*•
169
Jan
19
23Y2 Jan
12
Jan
5
National
Can
Cash
9
413,4 Jan
7%
Nat
13%
13%
13'%
14
5
National
Jan
7
Nat
131/2 Jan
2
National
9
Fibres
&
♦' *8V2
1
1
15%"
16
16
21 Ya
20
21
20.34
105
*103
200
11%
11%
1,300
35
*34
50
108 Ya
108 Ya
13%
13%
1,400
41
13%
/VY
*39
40
50%
50%
*501/8
51 Ya
100
15%
15%
15%
6.200
13%
f«.
*39
21
25
24Ya
24Yb
24%
2434
16
'
7%
8%
8%
8Yb
8 YB
8%
5
*HYa
12%
113,4
12
ix
4
*29%
31
29%
29%
26 Ya.
26%
26 %
7%
9
Corp.:
Co
Inc
common
preferred—
Bond
25
l
'
27
13
13
*132
/
;
'
,21
Jan.
132
$ per
X:
>.
24
*131
132
*101%
M^f* Co class B
107% Jan
Dec
Jan
9 Yb
132%
.No par
25% Jan
'
Dec
10%
132%
1333.4
*131
46
3
Corp
11% Feb
Feb
9Yb
•..
37
581/4
Inc
33% Feb
/•/•!' 15% Nov
Apr
37%
:
37
92%
No par
Co.
101% Feb
Oct
Apr/; ; :107% Mar
8 Yb
37%
58
Lines......
11
,
37 %
"
27%
May
14
&
19
6
37%
37
92'%
com
Feb
16
*37%
$ per share
—1.25
19% Feb
-
*36'%
45 34
(John) & Co____./__No par
22
•
37Ya
100
series A
Ward
20% Jan
.
2,700
*36Y2
58
'.
Co
Moore-McCormack
:iiy4 Jan
35
r
Chemical
16
Jan
4,800
41
No par
com
Tool..
Jan
27
15%
40 34
45%
com
Inc
Machine
Oct.
10
50 %
RR
Nov"
/. 27% Feb
:.?V;25'Z; Mar '
14% May
107%
Feb
.
15
41%
10
Hosiery Co
$3.25
153/a-
41%
92Y2
Carpet Mills
Monsanto
■\X' 15 '/a
58
preferred series A
Monarch
15%
41%
No par
15% Jan
•
11
17%
115
7'/o
Shares
15 Yb
41%
*92
:
54 Ya Jan
10
Dec
102%
Corp
Jan
share
1514
41%
No par
Impl
share
for
the Week
Feb. 27
2<i
$ per
Sales
Friday
Thursday
V Feb
15
*45Y4
3
1
40 3/4
100
com
380
/■
15
No par
$6.50 preferred
5% Jan
102
No par
vtc
'
41 Ys
No par
Regul
Power
118% Jan
May
,
,
Moline
44
Feb
19% May
Minn
17% Jan
Feb
A
preferred
11
128%
17% May
$4
11
Feb
M
pfd series A
conv
27
4
Feb
15%
3.20%
100
Minn Min & Mfg.
10
110% May
SS
S per share
97%
-,
Feb. 25
$ per share
r
■
200
600
363%
36%
*96
14%
/:
No par
com.:
St Louis Ry_.
&
PRICES
Wednesday
Feb. 24
1,200
18 Yb
41 Ya
5
10
pfd—
Minn-Honeywell
11
63%
24
P
St
Feb
49 Va May
49
&
Minn
36
Jan
32
Sep
Minneap
Feb
A
23%
1st
cum
•13'4 Feb
Feb
13 Ya
May
8%
Prod
SALE
Tuesday
Feb. 23
$ per share
.Par
'■
:
Petroleum
Steel
HIGH
Monday
Feb. 21
Saturday
Copper...
42% Feb
Feb
25%
51%
32%.May
113
Oct
8
.
11% May
.
Oct
563/8
,
>W AND
STOCK
/./ ::-■'/■/;
Mid-Continent
16
51%
28% Mar
/•'.
.
Jan
46% Jan
••••
v
84%
Feb
YORK
EXCHANGE
Highest
40
400
SO
18 Yb
96%
.
800
1.400
47Y4
47%
48'%
90
363/4
97%
120
55
*52
18'%
37%
37
97
800
.
49
*49
18
*37
100
.
13%
48
*1734
5
53
90
47Y2
-*86
pfcj.100
:•
15Yb
I3YB
49
No par
YB
22
53
53%
13Y2
16%
17%
15%
16
55Y2
30 Yb
22Y4
22%
13Ya#
*49
2,100
31
303%
31'%
15Yb
INo par
3.90%
-.48%
'48'%
91'%
30%
*53Y2'
1
common
Edison
19
*88
^_No par
53
101
*90
1
Co
13
94
/
91 Ya
50
10
Inc
31J/4
**90
32/3
Inc^
Transp
549%
d/3i%
*19%
__50
common
11
Year 1947
136%
2,800
V 48
1
Jan
Range for Previous
$ per share
100
48%
*18%
:
preferred
Stores
500
37'A
257%
48
31Ys
48
31 Ye
.
-
Lowest
93
37'A
*25
91Y2
48
•
100
series)
1,500
:
*90/
/-
—No par
(2nd
26
100
28 Yb
*91'%
*91'%
*91 Ya
363/4
93
36%
93
.1.
34%
28'%
28 YB
200
'
.
112
*34
34'%
600
42%
*39'%
11.2
60
10 y4
*9%
'
*39i%
*119'%
40%
112
*110'%
33%
*25Y2
'
series)/./..:
363/4 Feb
103% Mar
35% May
87
85 YA
33YB
*36
10
17% Fpb
97%
*85%.
86
34'%
*91J/2
•
37'%
86
*85
*33'%
34Y2
28%
28
1
Corp__L___
Jan
Mengel
Co.
(1st
65%
Dec
112
5
com—18
;
common
pfd
2nd
47%
43% May
83
*403/8
*110'%
No par
Robbins
&
19%
-
42
1
Co
Norris Mfg Co_
87
,.Z 73
100
Co—___:
Pub
Mc-Quay
Oct
May
10 Y4
*40%
38
36
86
*86
10 YA
10 Ya
*10
1
com__
Stores
Feb
13% May
Corp
McLellan
25%
55% May
93
*33Y2
preferred
Feb
50
May
16
$4
23%
Dec
*81%
*110Y2
Porcupine Mines
Mclntyre
105 %
Jun
83
2,500
37 Yb
373/0
87
81 Yb
861%
_No par
Electric
-McKesson
7
16% May
87
*86 Yb
177%
*175
177%
•
105% Feb
Dec V
*86
87
*175
177%
37%
853/4
37%
36YB
36%
86y8
*81%
1
*175
177Ya
*86Yb
No par
preferred—j
conv
36% Feb
Feb
44
37
86
—
Stores
56%
V
37
preference——No par
Corp
3Y2%
*175
•
28%
*175
5
common—
cum
Oct
17% May
40%
Co
177Y2
'
*28
100
common
pfd 1947 series_-No par
pfd___
No par
cum
28Y2
*28
^-.No par
:
Stores
Dept
45%
30 % May
87
Dec
88%
preferred
May
18
Alkali Wks com—No par
32
_
Co
33
49%
Dec
85 :
Electric
11
190
39 % May
88
Nov
Jan
.
900
9Yb
6Yb
*
'
1,400
9%
19Yb
100
Corp
IOY4
7%
6Yb
No par
Corp,_*
103/4
1,100
,t
9%
l9Ya
Co__
■—.
16%
75/3
*20%
100
L)
16 Yb
11
1
pfd
coifi
16%
9
'
5
prior
1,000
12
*11%
7%
No par
Co
1,700
32
102'%
*100'%
11%
,
530
*450
47
*31'%
32'%
104
*161/4
11%
IOYb
530
*450
530
■■
145
46'%
113/4
16%
'101/4
Corp
1,200
10'3/4
11%
16%
5
&
.
37
*36'%
*141
47Y4
*100'%
104
xl6%
11%
16Yb
*450
94
20
37
3%
32
32%
*100'%
103
16%
;
1,200
21
20 Ya
*92
/19 Ys
145
*141
47
12Y4
1
'3,400
20 YB
*36Ya
37
145
47
31%
*100.'%
103
*
*141
46
45i%
*16%
50
401/4
94
20 YB
145
*141
closed
32'4
*32
;_1
6%
Martin-Parry
63
26% Nov
exchange
37
•*36%
stock
37
*li3/4
Co
500
393/4
.
*36Yb
*100 Y2
21%
21%
21%
*92
20 Yb
6.25
(Glenn
18% July
24% May
// :=
20%
21 Yb
40-
40
94
*92
20%
10
preferred:
Martin
20 >/4
10
145
22
*21%
21%
40
No par
Exploration_____
Field
39% May
%
145
*20 Y2
No par
100
com
Ai—
Corp
Marshall
2
:;34 v
147%
46
Shirt
17
5a/a Feb
19% Feb
111% July
Dec
May
Manhattan
20% Feb
8%
*144
46
;
Feb
16%
1,900
147%
18%
18 YB
18YB
*144
145
Co
Dec
'34%
=
:
18'/a
__No par
RR
Sugar
7 <'
18 VB
18
*141
Garden:
Coal
9% Jan
Jan
1,100
18%
18
100
(The)..
Magnavox Co
20
26
2,500
20%
•=•92
10
com
r'm
series
7% Feb
=
59
19Y4
21%
22
>
;/'/'..///:/Z:
Forbes
Co Inc
Jan
27Ye
16%
57 3,4
21
40
com__l
Magma Copper.—
Dec
•\: 7
May
9.7%
.
13
15%
59%
21
21%
10
Mack Trucks Inc..
32%
Jan
9
13% Feb
18% Jan
/
A—100
preferred—:
14%
19% May
6% May
22% May
5
&
12 %
.
Dec
3V2
11% Feb
16 YB
59%
20%
18%
50
Sons Inc
series
M
6%
-•
16 YD
60%
20%
147Y2
Co_
MacAndrews
5'
xl6% Feb'25
Aug
500
Dec
22%
Feb
V 21 % Mar
Apr
•10%
15%
52 Yb Jan
16 Yb
60 VB
-
Steel
/':/•
41% May
30% May
&
pfd
cum
16 YB
61
20 Ya
"18
No par
16,200
16%
'144
Nashville...
Aug
Mar
A
6,800
60
10
Electric
500
151/4
14 yb
15%
15%
15 Ya
700
3,900
20%
16%
100
common
&
16
15%
8t000
9yB
61
*2iy8
.
15 Y4
39
9Ya
21%
60%
No par
14 Y4
14 Ya
I6Y4
.No par
preferred
29%
34
14 Y2
No par
26% Oct
20
1
.
Star Cement Corp
Long Bell Lumber A
101%
'■
.
13% May
Corp
Lone
Jan
168
*166%
39 Y2
No par
com
preferred
Aircraft
Ya
*166
167 Ya
'
10% May
1,400
180
87
87
9Y4
No par,
No par
100
34%
*33 ya
.
"37 Y2
>*166
•.
900
163/4
48 Ya
8 Ye
100
Shares
share
16%
*86%
No par
Co
conv
$ per
47%
*33>/2
Corp
Co.—J
3>/2 %
68% Jan
Oct
79
,
$ per share
7
com
_
Lima-Hamilton
S per share
25
Libby___
Corp
*48
the Week
Feb.27
Feb. 2(5
$ per share
for
Sales
Friday
Thursday
Feb. 25
16 Y2
48%
8%
__No par
l'/o preferred
Lily Tulip Cup Corp.."
Jan
107/s Jan
PRICES
Wednesday
Feb. 24
5
&
16 Y4
No par
Libbey Owens Ford Glass
Oct
Aug
12%
19 % May
78
=
Lerner Stores Corp
SALE
Tuesday
Feb. 23
$ per share
Par
20
26
HIGH
AND
Monday
Feb. 21
$ per share
f
16% Feb
96% Jan
May
10
'
11
May
Saturday
EXCHANGE
47 % Feb
25; Feb
% Feb
,29'4 Mar
169;
STOCK
YORK
59
17
May
463/4 May
78
NEW
.
Highest
>
$ per share
$ per share
$ pesr share
8
Lowest
Highest
Lowest
LOW
STOCKS
Range for Previous
,-
26%*'
.^100
Share
Corp
Corp...
*164
166
..No par
*21
22
Register..:
City Lines Inc...
Container
10
Co__*____
,
9
16%
*20'4
24%
8
7Y4
9
9
8
9
*
12%
11%
12%
29 Yb
31%
29 Yb
29 Yb
26%
26%
26 34
263/e
166
166
166
21
21
21
21
____10
*7Y2
7%
7Y2
7Yb
7%
No par
1
34%
34Ya
34%
341/4
34%
34%
7y2
7Ya
7 Ya
1
11Y2
11%
113/4
*167
*20%
67/b
11%
7'/a
12
•
7%
9
7%
8%
27100
12%
12%
30
*28
26 3/8
420
-500
7.800
.
26%
1,000
200
5,600
100
168'/2
21
2OY2
20%
600
7%
7 Ya
1,100
34%
34%
6 34
20%
25
*166Y2
7%
12
15%
20'4
*24
169
7Yb
7%
7%
24%
12 Yb
165
12
21
7
12%
34%
1,800
6'4
6%
4,500
11%
11%
5,200
34
20
COMMERCIAL
THE
(956)
NEW
Range since Jan. 1
Highest
Year 1947
Highest
1 per share
$ per share
1374 May
Dec
14% May
NEW
V
Lowest
t per
$ per share
11%
11
11
25%
257b
25%
5
•15 7a
157a
15 7s
157s
15 7a
15%
157a
157a
15 7b
1574
1,200
No par
187a
19
187a
19 7a
1874
19 7a
187a
187/a
187b
18%
26,400
No par
♦3772
39
39
39
39
13
17% Jan
2
National
Dept
2372
Oct
18'/a Feb
27
21% Jan
5
National
Distillers
48 72
Dec
377a Feb
11
43
25 7a
Jan
Dec"
367/b
11
19% Jan
95
Jan
5
National
29% Jan
23
357a Jan
2
1907.
Sep
163% Feb
11
172% Jan
14
136
Dec
167
Jan
140
Jan
Dec
National
Lead
Co
7%
preferred
6%
preferred
134% Feb
19
Jan
14
6% Feb
25
7% Feb
2
National
Linen
15% Feb
11
18 V* Feb
2
Nat
&
Jan
% Feb
Mai
2
Natl
95
Nov
81% Feb
10
917. Jan
5
National
Steel
287a
Jan
22
Jan
22
25% Jan
5
National
Sugar
23%
Dec
18% Feb
10
23 Va Jan
2
National
Sep
85% Feb
16
94
2
Mar
100
207a May
127b Dec
1
11
Jan
Power
&
31%
1647a
♦135
No par
16
16
847J
8474
No par
ex-dist
♦2274
Jan
Feb
11
25 ye Jan
30
National
Feb
12% Jan
6
13% Jan
19
Natl
Dec
137a
Jun
ll'/aJan
14
11% Jan
7
Natomas
18% May
137a May
247a
Feb
16
Feb
11
19% Jan
14% Jan
6
Nehi
8
Neisner Bros Inc common
11
105
18%
Feb
x22
Feb
107
13% Feb
July
100
16
Feb
104
26
Jan
287b
Nov
38
Feb
28
Feb
19
31% Jan
13
98
Dec
106
Mar
87
Feb
10
98% Jan
12
117b
Dec
13
95%
Dec
108
x87%
11
12% Jan
8
93
Feb
27
94
6
Dec
38
Feb
13
46% Jan
9
32%
Dec
17%
11'/a Feb
Jan
.4474
35 % May
22 7a Dec
Nov
Feb
20% Feb
13
24% Jan
12
90
22
Jun
102
May
18% May
11
22% Jan
25
41% Jan
New
New
223/8
Feb
5
Feb
Jan
12% Feb
11
15% Jan
50
Dec
39
Feb
10
Dec
121
Feb
11
51% Jan
136% Jan
11% Feb
27
15%
Jan
12
21
Jan
12
19
50
Jan
19
19
220
Jan
9
117a May
19
Apr
20%
26
Aug
627/s
Dec
Nov
Feb
Jan
290
21
Jan
49% Jan
Feb
N
•
Nov
25%
Dec
10% May
200
Jan
Rep
20 Va Feb
107
Mar
86% Jan
6
91% Feb
5
16
84 7a
Sep
14% Feb
27
17 va Jan
8
25
10
Jan
Dec
1007a
Aug
23%
Nov
257a
Oct
337a
Dec
53%
Jan
32% Feb
27
36% Jan
5
5674
Dec
64%
Nov
55
18
61% Jan
5
Preferred
No par
81
Jan
2
87% Jan
22
20% Feb
27
23% Jan
6
Feb
17
28% Jan
17% Jan
5
North
American
10% Jan
28
North
American
87
Jan
11
11
5
Adjustment preferred
Northern
Jan
17
29% Jan
21% Jan
12
Central
Northern
5
Northern
102%
Feb
81% Jart
2
87% Jan
14
22%
Apr
11% Jan
13
14% Jan
29
2574
Oct
x21%Jan
14
33
Jun
24% Jan
29
Cum
Airlines
Jan
33% Jan
2
36
Jan
Northwestern
5% Feb
27
7
Jan
7
Norwalk
Tire
&
Feb
11% Feb
27
13
Jan
5
Norwich
Pharmacal
Dec
38
Jan
277a Feb
10
31% Jan
16
91%
Dec
11174
Feb
92% Jan
2
99% Jan
29
21
Apr
357.
Dec
263/b Feb
11
33
Jan
12
Ohio
18
Dec
22
July
177a Feb
24
18 % Jan
17
Oklahoma
Dec
227b Feb
11
Feb
94 7a Feb
20
86
May
15%
Sep
277a
137b
118
28%
Feb
8
Feb
Feb
92
Feb
25
277a Jan
V
99
Feb
8
Jan
10
107a Jan
25
14
100
Jan
20
Jan
2
j
May
33%
Feb
27
Jan
26
Oct
1637a
Jan
151
Jan
14
154
Jan
5
28%
Feb
19
Feb
13
23
Jan
5
Jan
83
Jan
17
89
Feb
27
68
Nov
80
July
58% Feb
27
7374 Jan
2
4.40%
t per share
$ per share
Oliver
Elec 4%
&
Gas
8%
Elevator
6%
Outlet
♦45
Lowest
$ per share
22% /
22 7a
*89%
•26
46%
Oct
34% Feb
13
40% Jan1
7
26
193/a Jan
13
31% Feb
27
367s Jan
8
19
31% Feb
24
When
19
% Feb
24
«•
■
Jan
501/8 Feb
27
Jan
15
Pacific
3574 Jan
12
Pacific
97% Jan
8
Pacific
Feb
30
Feb
13
Jan
89% Feb
27
131
168
Feb
Jan
2
7
Feb
41/8 Feb
10
Oct
41% Feb
11
134
Feb
Jan
54
•
144
Jan
22
5% Jan
8
53% Jan 15
Co
*26
15 7a
9%
84
6%
5
Jan
Jan
29
Pan
12
52% Jan
5
921/2 Jan
12
6 % F°h
11
Feb
22
Feb
94
Jan
8
200
267a
X143/4
14%
97a
7
15.000
9%
9
11,500
70
*83%
84 7a
84%
84 7a
277b
27%
26%
27
4,800
18%
17%
18
173/B
18
9,900
*8674
87
87
86 7a
867a
85%
87
87
87
13
1374
13%
13%
12%
13 74
13
13 7a
5,400
23
23%
23%
23%
233/b
237a "
23%
23%
1,900
35 &
35
84
87
13
223/4
34 7»
-
13
2274
-25
34%
; *
-
*53%
*12
53/4
♦347*/ 35
•
*347.
21% Jan
10
40
Dec
4%
Jan
21/8 Jan
Jan
28% Feb
34%
Feb
24% Feb
14%
8
130
35
*3474
35
200
30Va
307a
*30
99
99 '
*99
89%
9974
20
27%
2872
2874
28 7a
287a
28%
287a
28%
28 7b
28 Va
9,000
♦17 7a
18%
17%
17 7a
*17 7a
177a
*17 7a
177a
*17 7b
17 7a
23%
233/4
23%
23%
95
95
*23
23%
»
94 7a
96
*874
9
8
98
97
*
*97
*22
24
28%
27s Jan
29
Park
24
33% Jan
2
Utah
*18
197a
*18
19%
♦18
*83
867a
*83
89
*84
5974
59
597a
59 7a
153
Saturday
Feb. 24
I per share
t per share
Jan
7
Penick
&
2
Penney
8
Jan
29
Penn-Central
16'/8
Oct
11 % Feb
13
15% Jan
2
Penn
Feb
15% Feb
11
19
Jan
5
Penn-Dixie
18
33
Jan
12
14
112
Jan
14
181/b Feb
11
19% Jan
5
Penn
Feb
161/2 Feb
27
20
Jan
5
May
51%
Jan
41
Feb
-20
477a Jan
12
103
32%
31%
32
31
31%
3174
31%
30%
30%
30%
307a
*5
%
ft
hi
hi
"(7
*5072
5174
5072
51
50 72
503/4
*50%
50 7a
50%
700
31 Va
31 Va
3172
313/4
3174
32
30%
1,800
91
90 74
91
90%
91
9074
330
100
1
&•
No par
48%
Dec
Dec
59
*2874
28%
28%
28%
29
283/4
29
*2672
287/a
28
x25%
25%
25%
25%
253/8
25%
5
Dec
1
25%
253/a
*327a
39
6%
7
*6%
38%
/"
33
series
'
•—
—
fc—
2.400
4,700
1V
€00
73/8
7B
7
7 7a
200
9 74
9
9%
2,900
x32 7a
7
33
32%
32%
600
38%
397B
39
38 7a
38%
3,800
7
6%
300
133/4
*63/4
137a
13%
1,100
167a
16
16
7
*112
116
*112
116
*112
116
*112
116
*112
116
Light Co
No par
187a
10
com
A
17
*40%
'
187a
1874
187a
187.
187a
18%
17
167a
17
167.
17
16%
41%
4174
4174
*4074
41%
105
108
*427a
437/a
*42 74
437a
*42
100
*867.
88
*8674
88
*87
11
*
100
*104
107
■
18 7b
^5
pfd
13 7a
1674
187a
17
50
*104 74
*10%
*41%
108
7a
10 Va
43
88
11
43 7a
*413/8
18%
3,600
16%
12,100
43
106 7a
<
900
107
*427a
43
*4274
88
*88
89
100
43
88
*1072
106
106
100
1C0
10%
100
337ac
common
18 7a
187a
18%
187a
187a
19%
187a
18%
18 74
187/o
36,000
No par
*277/a
28%
*277/s
28 7a
•27%
28 7;
?7%
273/4
*2774
28 7a
200
1037b
106 7a
1037a
1067a
*103 7b
106 7a
*103-%
106 7a
9%
97a
10
107a
*10 7b
10%
10%
107a
1,706
1478
15
1574
157a
15 7a
153/8
157b
15 7a
1,500
X48
48 74
48 74
4874
48 7a
48 72
48
49 7a
1.500
42
42 74
42 74
42%
417a
423/8
4078
417a
5,600
52 7a
51%
5174
51%
51%
51
5174
330
97%
20
100
preferred
Corp
100
of America
*104
11%
10672
5
9%
*147b
1
4972
49 72
48 7a Jan
5
5
53% Jan
9
x96% Feb
26
Phelps-Dodge Corp
i
Philadelphia Co 6% preferred
$6 preferred—
No
Brewing Co
*10 74
No par
13
32%
383/4
9
14,700
30
Feb
24
32%
-
y
7
*7
9%
V
"■
29
*29
Pfizer
13
28%
30
7
2
Jan
*674
10
54 % Jan
100
9%
39
40 % Feb
109% Aug
97a
93/8
33
11
50
9 7a
7%
9
39
2%
"
*7.
33
2%
7%
*7
772
.! '■ :'1 '
2%
2%
13
MT
27e
2 74
2%
.
18%
2%
36
1,400
3574
2 78
*7
103
18%
*34%
2 7s
Jan
(Chas)
*99
19
36
1
Eastern Ry Co
2nd
Petroleum
103
6,100
18%
3672
*34%
110
7
*34%
187/8
36%"
200
22%
*29
Pepsi-Cola Co
99
19%
1874
(Chic)
Jun
*99
103
19
19
*22
32
Peoples G L & Coke
&
*99
103
6%
22
*34 72
*35
11,600
;■"1,100
95
*29
9
Pet Milk Co
18%
*94
7 7B
22
22%
21,200
v
74
47% .'.48
32
89
Peoria
*99
7 7B
7%
22 7a
2,200
■
8.000
83/4
14
*29
17
6
103
7
6%
22 7a
V
32
8674 Feb
5
*22
120
74
4%
43g
4%
*29
Feb
5
*99 72
6%
67/8
22
93%
9
4
com__No par
101%
13 % Jan
4 74
4%
3,000
34,600
49
*16
Jun
3072 Jan
67a
22
83/4
6,900
/
144
4%
47
/
13%
81 Va
24 Va Jan
*93
1
Inc
4
143
4-3/B
493/4
16 %
Peoples Drug Stores
20
4 74
483/4
16%
6
22
47B
474
143
4%
49 72
13%
16
17% Feb
4 7B
*142
142%
16
Jan
27% Jan
4%
467b
89%
13
4574 Jan
Jan
142%
-
4%
46 7B
91
13
16
341/8 July
457a
*30
3174
*90
16
19
34
1417a
4%
45 7a
4 7a
•
44
x317»
v
1674
Feb
conv
1417a
1417a -
51
13%
Pennsylvania Salt Mfg Co
3'7a %
4 7a
lo
preferred
Power
*90
*140 74
.
;
/
*16%
42% Feb
Apr
200
31 %
;
Sep
97%
32
10
16%
*13
Co
Nov
49%
CLOSED
*16 7b
7a
2.50
55J/a
36%
16
;•
%
No par
118%
Feb
16 7a
No par
Dec
47
18
1
Dec
Jan
167a
1
45%
62%
*
70
37
317a
Pennsylvania RR
May
17
*35 %
100
Cement
Jan
4%%
37
327a
Inc
Glass Sand Corp
Pfeifler
*35 7a
707a
7B
Airlines
22
5
37
No par
26%
16
*35 7a
No par
Dec
Feb
36%
400
~
1274
*67
ft
Enterprises
Dec
11% Jan
*35%
127a
1274
»
30%
Corp
Coal & Coke Corp
24%
16
71
ft
(new) _Nopar
preferred
100
(J C) Co
Apr
104
123/4
*67
327a
Refining
Transportation
13% May
7
*12
71
307/a
com
& Ford
Jan
2
13
*68
32 7a
Parker Rust Proof Co
43
11
12%
♦12%
71
17
Sales for
^ the Week
Shares
117a
12%
*12%
13
*68 7a
EXCHANGE
2,700
No par
Co
37
Jan
12%
123/a
*12 7a
/
io
$ per share
*12%
17
'-i/ial¬
Friday
Feb. 26
$ per share
$ per share
13
367a
'■V.
Feb. 27
Thursday
Feb, 25
6872
*1672
100
&
2
-9% Feb
5974
12%
*35 Va
25
Inc
27
14% Feb
587a
937/a
27
Oct
593/4
93%
5% Jan
Dec
89
93%
38% Feb
18
19
89
13
STOCK
20
*
*18
89
687a
127a
700
2,100
152
PRICES
Wednesday
4 per share ^
21%
27
151%
937a
32% Feb
12
SALE
r
Tuesday
Feb. 23
330
27 7a
21%
2874
30
19
7a
59
593/4
22 74
152
*150
9372
Feb
10y8 Feb
597a
HIGH
Monday
152
*150
153
*150
93V2
Jan
Feb
273/4
■
197a
•
47%
48%
Jan
1,800
7,900
957a'
*94
473/4
-15%
118
*21%
28%':
867a
Consolidated Mines
Davis
5%
28%
*83
J
Pipe L com
Mines &
•
28 7a
£5
93
22
22
2274
28%
96
4«3'4
Patino
Jan
200
83/4
8%
x48
Parmelee
112
/
96
*95
9
497z
8
Penn
92
8%
497a
5
.
i
233/4
23
23 74
96
*95
8%
4972
Jan
Feb
987a
22%
287a
8
4972
117a Jan
29
9%
8%
10
Jan
95
7a
*13%
24
Apr
23%
900
'
*94 7a
83/4
Feb
36
313/4
100
*99
13%
Feb
117
:•
8%
9
Dec
*30%
31%
100
13%
7
Sep
;
14%
Feb
29
31
2974
9974
*14
15 Va May
38 Va Nov
*107
31
*2874
8%
Pictures
13
8
300
143/4
Park & Tilford
297b Jan/, 5
200
8%
convertible
Paramount
13
11
5 7a
11%
*133/4
Prod
Jan
Parke
5%
11%
5%
12
*987a
preferred
4%
*5 7B
*11%
874
19
11
34% Feb
5%
12
4 74
Jan
2
18% Feb
Jan
12
1474
102
Jan
Jan
5%
•
12
12
4 7a
Panhandle East
4%
5%
*5%
,
1274
83/4
»137i
Paraffine Cos Inc
53 V2
see page
*26 7a
153/4
9%
No par
Panhandle
32%
For footnotes
267a
15 7a
9%
27%
l—10
Car—
10
Sep
37
*26 7b
16
84 %
Petrol
20
Dec
108%
26 7a
97a
•
,
Airways Corp
2%
& Transp
5
Motor
American
Feb
Dec
97
20
Packard
72 Jen
19%
Juiy
2
23
37
Jun
3.700
*18
Corp
21
96 Va
13 7a
200
553/4
307a
Pan-American
22
32%
55%
173/4
Telep & Teleg common—100
10
Mar
Dec
327a
55 7a
27%
preferred
1674 Jan
5
May
33
553/8
*83 7a
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
11
Feb
May
99
Dec
8% May
33
No par
27
46
22 7a
100
33
55%
153/4
15%
9%
IS'S:**--
26 7a
267a
153/4
0
7a
55
*150
Mills
13
Nov
23
900
27 7a
non-cum
Lighting
8 % Feb
55
6
60
14 7a
"s
4 Vb Feb
109
111
14%
89%
'14%
90
14%
17%
issued
137s Feb
Dec
...
90
14%
7,600
,
17%
Pacific Gas & Electric
Feb
Jan
18
89%
90
233/a
26%
No par
non-cum
No par
Pacific Finance Corp of Calif
10
preferred
2nd preferred
July
90
15%
227/s
17%
common
1st
18
40%
38
23%
14%
557a
974 £ 974
84 74
84%
Rights
Jan
39%
7
*89 7a
233/a
?:v:V,'thW'i
263/4
153/4
Par
Pacific Coast
38% May
5 7a Dec
147a
233/4
*32 7a
Pacific Amer Fisheries Inc
129%
I
50
238
*225
240
34
$ per share
31
Dec
22%
90
*1474
'■
LOW AND
12
62%
7
22 7a
Feb. 21
13 7a Jan
878 May
32 Va Sep
49%
*45
507a
*220
55 7a
EXCHANGE
15% Jan 17
28% May
•45
240
*32 7a
STOCK
YORK
NEW
71
43
*
20
.'*16
20
34
.12.50
11
Dec
50 7B
.
*220
2.50
11
Nov
2
.J
♦18 V
27
Glass Co.
Owens-Illinois
Highest
25% May
X89% Dec
33 7a
♦45
507a
220
20
3,100
1774
Mfg
27
109
*18
100
&
Feb
9y«
20
_No par
Marine
Co
11.
5% Jan
2,200
55
55
preferred
Outboard
11% Feb
7%
12
2074
10
62% Feb
14%
11%
*32 7a
No par
Oct
Dec
123/«
85
pfd—20
common
Sep
Dec
127b
CO
common
Feb
May
127a
20%
Corp
hi Feb
8%
600
12%
■
40
21
convertible
30y4 Feb
4'/a
125
39
85
No par
preferred—100
(The) common
6
convertible preferred A—100
Corp
47a%
Omnibus
161/2 Feb
13
123%
40
100
19
59%
123%
393/4
No par
80
Jan
123%
41
*84
-50
Co
16
Dec
13,600
124%
71 4
May
May
3% May
12%
127B
900
8
Jan
21%
13
3,500
*20
2.50
Jan
50 7a
12%
120
21%
377a
217B
*37
38
21
preferred
Oil
Range since Jan. 1
Highest
43~%
217s
40 7a
14 7a
200
STOCKS
Year 1947
Dec
133/a
,13
86%
*86
86%
217B
*37
85
Ohio Edison Co common
Range for Previous
Lowest
x337/e
*86
CO
No par
Otis
93
24
86
♦20
Oppenheim Collins
5
29
Aug
9%
1,500
a
Co
227a Jan 31
197a May
10
2 400
22
21
Rubbex
323/4 Jan
84
50
42
213/4
*
149%
24
41
22
124%
*16
O
107
413/4
22
26%
Telegrapk__
Feb
187a
Dec
41%
No par
13%
7% May
41%
22%
%
10
cumulative prtfsrred
45%
17% May
60
4,500
(Minn)-
Dec
93
117a
93
85
common —10
Int
27
>
11 3/B
93
40
12
507a
40
117a
93 %
11%
*92
123
123
200
yy
_100
Dec
12
13
300
7a
92
OO
Co
Gas
12
63^
1274
39%
28
*20
—50
Ry Co
Natural
pfd $3.60 series
4.6%
22
28 7e
*90 3/8
21
1
Pacific Ry
Northwest
X41
2174
117a-.
29
86
^ .10
Northern States Pwr Co
Dec
Aug
19 7b Aug
11
-417B
91
30
102
*100
91
*28 7B
937a
1,100
133/4
*13%
.
100
CO
Aviation
25% Feb
11%
*92
1,200
16%
*20
„25
Co._
2
83
1174
11%
*16
—4
com
27
16% Feb
*
100
__25
Western Ry
26% Feb
Feb
29
92
133/4
400
.2.50
cumulative preferred
xl4% Feb
Jan
28 7a
*90 7a
21%
•
Noblitt-Sparks Industries
Nopco Chemical Co
Sep
Nov
*13 74
100
377a
14%
Feb
22%
1374
104
3774
907a
Jan
307a
1674
1274
11%
117a
16 7b
21%
*1474
1074
1157a
*117a
86
*89%
307a
Dec
11%
127.
127a
167a
60
22 7a
*22
23 74
12%
37
1
33%
13% May
*13%
*
*22
13
217B
3.90% pfd__100
& Light
Power
Shipbldg Corp partic stock
<fc Gas Corp—
Dec
13
23%
8774
Y State Elec
Dec
Jan
87 7a
37
-100
series A
5%
67a May
837a Dec
8
87%
21
22 74
Y
&
87%
86%
20
♦175
N
Norfolk
87%
Hart RR Co—
N Y
$3.75
88
877a
'137a
♦45
50
207a
217a
124 7a
common
197/8
'377a
217a
500
11,200
2074
217a
13 7a
167a
79%
♦867a
♦37
22 7a
207a
*100
94
41
3974
&
Hav
417a
21% 721%
127a
26
25
417a
♦1217a
RR Co
Harlem
New
117a
*92
♦39 74
preferred
non-cum
Y
11%
No par
Dock
133/4
92
94
22 7b
*86
104
2.900
8474
x84
85 7a
23
207.
207a
287a
♦16
Y &
100
*90 7a
No par
$5
*13 74
CLOSED
*28 7s
♦13
N
EXCHANGE
92
No par
York
1374
%
74
74
*22
29'
100
New
13
80%
v'
16%
Louis Co com—100
N
-
1174
16%
preferred series A
N
153/a
1174
City Omnibus Corp
Y
*22 7a
11%
1174
No par
York Central
Y Chic & St
6%
N
Brake
Air
York
8474
23
163/4
Newport News Ship Sc Dry Dock—1
86
137
May
52
20% Feb
85
*22 74
13
.♦92
100
87% Feb
2,000
74
♦847a
13 74
1
Oct
74
74
♦9072
374%
Feb
2,500
23
♦28 78
(J J) common—No par
preferred
u
100
New England Elec System
20
New Jersey Pr <te Lt Co 4% pfd—100
Newmont Mining Corp
10
Newberry Co
Feb
67a
16 7a
23
104
1,000
*6%
16 7b
*13
♦13 74
<
67b
167a
♦22
♦100
130
1387a
*137
1377a
180
6%
1374
STOCK
4,000
166
*1674
22
177s
c
6%
87 74
11%
166
167a
87
.
110
3174
31
■31%:
166
100
5,000
V
•877a
674
8474
84
♦22 7a
16
157/a
87
16 7a
♦21
1
Newport Industries common
47,%
preferred
1377a
16
87
11%
26
12
230
Jan
137
678
♦1274
serial preferred—100
conv
136
"674
207a
♦16%
3174
*165 7a
20
No par
467a
327a May
80
7a
474%
24
32%
166
20
No par
Co
Corp
32
166
♦867a
1
Fibre Co
32
16 74
887a
167a
*87
1647a
16
.
23
20
10
Co
Tea
Vulcanized
88%
3,000
42
*39
44
137
♦135
67a
*40
16-%
87
74
Pa com—10
100
17%
•
No par
Corp
Ref Co
29%
137
♦674
1674
887a
3174
1647a
Corp
Co
Supply (The)
preferred
472%
3172
164%
25
Cast
Lt
Jan
74% May
217b May
12% May
10
B
Service
1674
167s
8874
100
100
1
common
A
Stl
167a
♦8872
No par
*37
•
90
16
1
preferred
conv
Jan
l3/4
Prod
Stamping
Apr
87a
28
If Dec
Stores
Gypsum Co com
$4.50
13
Dec
88
11
25 74
Feb
25
2,000
11%
2574
15
Feb
Shares
$ per share
Sper share
11%
25 74
Jan
Feb
$ per share
1174
257s
Cylinder Oas Co_:
Dairy Products
No
87
$ per share
for
11%
National
15%
the Week
25 7a
2
Feb
Sales
Feb. 27
1174
National
Jan
&
Friday
Feb. 26
2574
2
29
107
$ per share
Thursday
Feb. 25
117a
13% Jan
13
Enam
PRICES
Wednesday
25 7a
11
Nat
SALE
1
Feb
Feb
12
HIGH
Feb. 24
par
11
x25
Jan
AND
Tuesday
Feb.23
I per share
Par
share
Feb
20%
253/4 May
63/4
LOW
Monday
Feb.21
Jan
165
1574
Saturday
Monday, March 1, 1948
RECORD
STOCK
YORK
17%
Dec
CHRONICLE
STOCK
EXCHANGE
38
177b May
307a May
*147. May
96
YORK
FINANCIAL
STOCKS
Rang;e for Previous
Lowest
26%
&
& Co Inc
25
9%
15
417a
417a
50
52
52
par
'*98
,
987a
*
*517a
98
98
*
*97
98
X967a
11%
97
1072
*9674
Volume 167
Number 4677
THE
COMMERCIAL
& FINANCIAL
CHRONICLE
(957)
NEW YORK STOCK RECORD
Range for Previous
STOCKS
Year 1947
Range since Jan. 1
Lowest
Highest
Lowest
S per share
t per share
t per share
21%
Dec
23%
95
Jan
29%
Dec
27 %
-
Dec
111%
■
Jan
21% Feb
Dec
26
22 y4 Jan
V
120% Aug
109 % Aug
26
91
25 y4 Jan
preferred
_100
104%
.100
♦92%
93
1
14%
15
Feb
Dec
98 % Mar
84
Dec
43%
25% Feb
Dec
109
Feb
85
Dec
101
Mar
21
Apr
43
Dec
81
Jan
93
Dec
36
3%%
2
42
Jan
90
Feb
5
Feb-10
13% Jan
13
30
30% Feb
34% Jan
7
103% Jan
102
Oct
5%
Dec
Dec
16
169
Aug
Nov
203
42%
15
Dec
30
11
26
>
16
163% Jan
5
Feb
20
39'/a Jan
9
13
10
Jan
2
Feb
11
14% Jan
29
Oct
10%
67
171
140
Jan
27
27
7%
93%
Oct
74
Feb
27
87 Mi Jan
6
75
Feb
18
80
Jan
8
20 %
10
15
Feb
13
Jan
145
Jan
9
May
♦145
*158%
162
8%
8%
No par
8%
8%
8%
•11%
11'%
•11%
11%
11%
113/4
•127
100
75
♦73%
100
STOCK
10%
EXCHANGE
34
Pond Creek Pocahontas
Poor A Co class B
45%
CLOSED
1
30%
30%
13% Jan
Potomac
11% Jan
Pressed Steel
34
71 %
Nov
16
71% Jan
Jan
18
Feb
27
22 y4 Jan
Feb
X82
Feb
25
87
38%
Jan
111
15
35
Feb
20
Feb
6
23
Jan
Feb
11
97% Jan
14
120 y4
Dec
130
127
Jan
146% July
114% Feb
July
Aug
102
Mar
900
74
160
75%
♦73%
75%
*73%
75%
"12
73%
153/4
16%
*15%
16%
*15%
16%
150
31%
♦139
32
10
10
150
32%
♦139
150
*139
323/4
32
32%
10%
10
10
*10
" 150
30%
♦10
31%
'
45%
45%
45%
45%
44
30%
30%
♦30%
30%
30 Vb '
13
30%
13
13%
13%
13%
13%
xl3%
13%
8%
8%
8%
8 3/s
8%
200
45
30%
13%
13%
8%
8%
8%
31 %
•31
*13
31%
13%
13
13%
*13%
11,600
800
13%
900
13%
9,700
8%
13
5,300
8%
31%
31%
63%
63%
62%
63
623%
63
63
18%
18'%
63%
63%
64
18%
19
xl8%
19
♦82%
No par
1,500
10%
45%
303/4
1
♦31
500
18%
83%
18%
18
18%
♦82%
83%
x82
82
82
*34 Va
♦31
33
*31
33
100
3,500
>■
2,700
Co
of
82
82
343/4
82
34%
com„No par
35
34%
34%
21
21
34%
34%
34%
21
34%
21
20%
21
20 5/8
91
203/4
1,900
91
20%
20%
4,900
Colorado
Corp of N J
preferred
20
.
%
91
91
91
91%
91%
90
:
7
6%
preferred
100
103%
103 s/8
92y4
92%
119% Jan : 9
7%
preferred
103%
103 %
1023/4
103 VA
103
100
104
preferred
112%
113
100
112%
400
8%
113%
104%
12
112%
103%
135% Jan
129
112%
1123/4
113
113%
113%
470
27
111% Jan
2
130
130
♦129%
131
129%
129%
110
110
Feb
45% Feb
27
X25% Feb
5
Jan
101% Feb
24% Dec
11
74
6
Dec
Feb
10%
*127
74%
No par
Service
Serv
$5
11%
743/B
11
29%
36%
Pub
2,000
16
Feb
Feb
Dec
Public
6,500
8%
44%
10
preferred
35%
Feb
w
109 V4
Oct
18
cum
11%
743/4
~20
162
8
111% Feb
X127
6iy2
21% May
$4.75
5
X90
111
Jun
12
Feb
102%. Dec
51% May
32% Jan
Jan
Aug
25%
Dec
62% Feb
8%
♦127
743/4
153
34%
133/4
♦13
4%% conv preferred series A__50
Procter A Gamble
No par
Publlcker Industries Inc com
5
Jan
Co
com
*145
;
100
15%
♦139
32%
No par
75
1,800
14
**158%
35%
8%
10
28 %
15%
150
44%
,
35
200
88%
•73%
153/4
♦138
35 %
♦127
75
75%
15%
_100
343/4
♦127
75
100
34%
-
*13%
152
161
♦10
32%
30% May
19% Dec
24%
152
♦158%
34%
♦31%
102%
Dec
106%
♦145
160
34%
120
12%
28
14
♦158
•8%
l
13
♦13%
158
157%
•♦34%
5
31% Feb
14
10
5
Feb
'14
1,800
*94
152
No par
^
Inc
30%
101
*88%
28%
14
•13%
*94
•145
Plymouth Oil Co_
43
15% May
20
883/4
100
Power
14
30%
*99%
28%
28
14
4,800
•
28%
•94
152
Pittston Co
Co
..*12%
x28
28%
♦13%
•145
Plough Inc
car
99%
28%
28%
1
25
Electric
30%
99%
*11%
16
27
303/4
11%
10% Jan
8'/a Feb
31
100
30%
14
11%
32% Feb
Feb
♦12%
88 3/4
49% Jan
Nov
14
12
6
16
Dec
56%
89%
17
15% Jan
56%
•88
22
12% Feb 13
12% Jan 28
57%
♦11%
Pittsburgh Young A Ash pfd
Jan
56%
12%
1
300
88%
90%
Feb
14
38
*87%
•88 %
Jan
29% Feb
87
38
88%
•11%
10
Oct
*82
39
92
B
(The)
87
♦88%
28% Jan
15 Ve
May
110%
9
♦82
; *373/4
20
3,000
:
57 %
♦99
2,600
V
25% .; 26
*90%
92
12%
preferred class A
5%%
1st ser conv prior pfd
Pittsburgh & West Virginia
5
Jan
92
•11%
33
19% Oct
90
21% Jan
145
r referred class
99%
26
par
Oct
35%
"
Jan
30%
99%
2,200
85
:
253%
/
500
29%
85
*87%
•12%
30%
14%
29 :
•
700
93%
14%
88%
57
♦94
Dec
19% May
57
100
14
15
♦94
Jan
'38
11% May
12% Dec
85%
31
♦99%
14%
Apr
9
,♦30%
57
•12%
14
38%
Sep
21
Dec
200
140
56%
•87%
270
,92%
"
*90%
38
39
88 %
5%
Sep
May
33%
•37%
♦81%
56%
93
.14%
87
38
38
*92%
'
25%
92
*82
!
88%
Wayne & Chic Ry com—10o
gtd preferred
100
7%
84%
17% May
87
25%
23%
104%
No par
Pittsburgh Plate Glass Co
Pittsburgh Screw A Bolt
Pittsburgh Steel Co com
May
10% May
•82
Ft
Jan
59 %
87
Pittsburgh Forgings Co
Feb
85
♦90%
4,400
23%
.
ri04%
29
♦84%
•*84%
254
56%
No
preferred
Pitts Consolidation Coal Co
Pitts
Feb
X28%
85
86 i
21%
100
convertible
2
8
29%
♦82
25
104%
28 3/4
92
No par
104%
"
Shares
21%
'
29
•90%
♦12%
23%
15%
•84%
Sales for
the Week
A: $ per share
21%
93
♦87%
common
26
104%
213/a
15
92
\
Friday
Feb. 27
v
23%
93
:>*o%
5
10-
Jan
104%
"
'
:•
25%
38
21%
22 3/4
28%
28%
•
share
•.Vt
86
'
21%
iw>r
15
26
Hosiery
17% Jarf
145
34
;
y
$5
•V
*
93
.
100
preferred
t per share
14%
♦25%
"
Feb. 26
22%
No par
31% Jan
11
Jan
157-,
Nov
140
Jan
12% Feb
Feb
10%
90
145
Jan
Apr
May
16
Jan
•92%
Thursday
'
104%
♦8'4%
;
No par
com
Pitts C C & St Louis RR
Pitts Coke A Chem Co com
5
26% Feb
Dec
Aug
14% Jan
88
Mar
32%
11
104%
\ v
•
•
21%
5
100
preferred
Pillsbury Mills Inc
$4
28%
_10o
common
preferred
cumulative
Phoenix
8
11% Feb
series
104%
PRICES
Wednesday
Feb. 26
*
23
_100
Phillips Jones Corp
5
99'/a Feb
Feb
25
3
:
Ltd
Phillips Petroleum
Dec
16%
Apr
26
A Iron
preferred
3.60
2
12
4%
No par
preferred series A
Philip Morris A Co
16
62% Jan
May
Jan
Feb
22
16
8 %
92
87% Jan
-
21
165
114
10
87% Jan
163 %
7
13
6
21
Phila As Reading Coal
Philco Corp common
5
Jan
54% Jan
96 %
Jan
32%
Jan
85% Jan
90
28% Jan
i
July
108
Dec
18%
33% Jan
2
'
11
30
18
Dec
88
87
16% Jan
63% July
May
•22%
preferred
25
10
213/«
22%
3.8%
19
96 %
21%
22%
9
\
22
99 %
21%
Jan
Jan
38% July
common—_No par
97
Jan
Apr
Co
28
14
Feb
Klectric
$1 preference common—
4.4%
28
30%
Phlla
2
Oct
Jun
$ per share
2
Nov
12
t per share
SALE
Feb. 24
I per share
Par
5
HIGH
Tuesday
Feb.23
Va Jan
88
.
23% Jan
AND
Monday
Feb. 21
110
16%
50% Mar
Saturday
21
35%
Jan
LOW
STOCK
Jan
>,
107/a May
85
YORK
EXCHANGE
Jan
104
21
Jan
NEW
Highest
$ per share
X25
.
13
Feb
11
x21% Feb 25
108% Jan
53
Jan
5
30% Jan
12
107
31
Jan
8
Jan
5
24% Jan
5
Pub Serv Elec A Gas
pfd $5„No par
Pullman Inc
No par
Pure Gil (The) common
No par
5% conv preferred100
Purit.v Bakeries Corp
•129
131
1113/8
♦110%
111%
1113/B
♦110
1113/a
110
46%
46 3/4
x46%
40
46%
46
46%
45%
46
26
26%
26%
263A
1,800
26%
26%
26
26%
47
♦46%
26%
263/a
•102%
1041%
,♦25
mwmo.
Quaker
State Oil Refining Corp__10
520
129
♦110%
No par
92
♦102%
25%
*213/4
104 %
25
22
*110
104
*21%
♦104 %
106 %
*104%
26
25 3/4
253/4
25%
x21%
22%
104
*25%
25
21%
22
21%
*21%
30
-
9,300
105%
100
25%
400
21%
200
8%
•
15,600
R
7 Va May
10%
Feb
7% Feb
20
9% Jan
68%
Dec
5
80%
Feb
63% Feb
11
8%
69 % Jan
Dec
5
15%
Jan
7% Feb
27
8% Jan
94'/a
Dec
8
28% May
105% Mar
41
Feb
32
38%
'
Dec
16 % May
37
Dec
33
Nov
9 %
96
11
18
28% Jan
21
Dec
22% Feb
20
Feb
31
Jan
28
98
Jan
30% Jan
5
Rayonier Inc
34 % Jan
9
16% Feb
20
36% Feb
24
39
Jan
31
Feb
16
34 y4 Jan
6
10% Feb
24
$2
10
39
July
18% Feb
108% Mar
101
20 % Jan
2
Jan
21
105
4
Feb
Nopar
2nd
Hosiery
preferred
11% Feb
11
13
Jan
2
11% Feb
14
20% May
10% Dec
14% Jan
7
29%
Feb
23
Jan
23
5
17%
Feb
10% Feb
27
Reliable Stores Corp
62
11% Jan
Dec
5
84%
Reliance
Feb
62% Jan
14
12%
63% Jan
23
Dec
17
Aug
12% Feb
20
96
Nov
14% Jan
102
Jan
96
21
97
24%
Jan
33 %
Oct
23
Jan
Feb
27
Jan
Reeves Bros Inc
2
Feb
29% Jan
7
prior
x29%
23%
preference
7 Va
7%
93'*
*93 *
"93%
93%
29%
29 1-
93%
29 %
24
23%
24
16%
17
17
36%
*35
37
*35
50
*31%
33
31%
31%
*31
33
♦30%
33
*10%
11
10%
*10%
*103%.
12 %
10
10%
105
*103%
12%
ii
*10%
50c
$4.50 preferred
Reo Motors Inc
105
31%
17%
11
31%
♦104
31%
16%
*96
33
100
11
300
Lowest
$ per share
Highest
9%
Dec
22% May
1Q1% Dec
14
May
91
Dec
Lowest
$ per share'
4% May
3% Dec
9%
since Jan. 1
106%
104
12%
12
11%
♦11
11%
*11
24
♦23%
24
23%
24
10%
10%
10%
104
Highest
t per share
Jan
6% Feb
10
*23%
23%
*23%
10%
10%
10%
10%
63%
*62%
63%
63%
63%
12%
12%
12%
12%
12%
12%
12%
12%
97%
*95%
97%
*95%
97%
24%
23%
.
*96
24%
98
24%
V
12%
*96
24%
24%
8% Jan 12
Republic Aviation Corp
Republic Pictures common
Feb
3% Feb
10
4% Jan
9
Feb
8% Feb
11
10% Jan
2
30%
Feb
22% Feb
11
27
Jan
5
Republic Steel Corp
105
Jan
9
19% Jan
2
6 % conv prior
pfd series A
100
Revere Copper A Brass com—No
113% May
24%. Feb
110
103
Apr
Jan
5
15% Feb
10
82% Feb
17
Jan
12%
12%
10%
♦63
63%
12%
11%
*63
24
Feb
5% Feb
20
7% Jan
2
39
Jan
19% Feb
27
24 y8 Jan
2
27
104% Jan
5
93
90
May
9
May
16%
11
36% May
10% Jan
44%
Feb
38
Feb
14
41
45
lA Jan
2
May
50 %
Dec
48% Feb
13
85
50
Dec
Jan
93% Jan
20
5%%
104
Jan
96
Feb
Feb
7"% Feb
Feb
87% Feb
18
5
19
Apr
25%
Feb
20% Feb
10
13%
Jan
23% Jan
6
18%
Dec
.15% Jan
26
V18% Jan
2
31
Feb
22% Feb
10
24% Jan
19
10 % Mar
5% Feb
11
7
Jan
19
6% Feb
Dec
5
8 % Jan
19
19% Feb
18
14
24 % Jan
5%%
com
23
OH
18% Jan
6
Ruppert (Jacob)
Nopar
*16%
16%
Nopar
*22
23%
Co
(The)
i8
89%
20%
16%
17
17
16%
*22
600
20%
•/,■■■ •;
400
16%
/;
600
23%
*22%
*5%
5%
5%
7%
7%
20 %
20%
*19%
•*16%
16%
16%
16%
18%
18%
18%
18%
57%
58%
*57
59%
*57
58%
500
15%
16
*16
16%
*16
16%
600
40%
40%
41%
2,200
10,300
13,200
18%
40%
55%
17
7%
39%
Jan
2
St
10% Jan
8
11'
38
St L-San F Ry Co com v t c—No
par
Preferred series A 5% vtc
100
St Louis Southwestern
37%
Dec
66
32% Feb
Dec
68%
Dec
67
57
Dec
60%
Dec
Jan
2
Feb
99% Jan
25
8
58
Jan
,0
Jun
12
Oct
8
; Feb
13
80
Dec
79
Feb
18
Dec
98% July
26 Va July
18
Feb
13
Dec
114% Mar
108
Jan
5
8% Feb
10
9% Jan
30
Feb
29
65
Jan
8
.10% Jan
7
Joseph Lead
10
56
)
5 %
non-cum
5'7
*83%
86
*61
63%
*61
2
Safeway Stores
15
common
5
8%
100
Jan
25% Feb
10
Jan
31 % Jan
2
41
Jan
22
44% Jan
Schenley Distillers Corp
,—1.75
5
Scott Paper Co
9
$3.40 cum preferred
Nopar
Scovlll Mfg Co 3.65% cum
pfd
100
Scranton Elec Co (The)
common—5
3.35% cumulative
Nopar
Dec
103%
Sep
90% Feb
27
Dec
95
102% July
18% Jan
88% Feb
13
Nov
91% Jan
13% Feb
13
98% Mar
14% Jan
6
81% Feb
20
85 % Feb
4
Jan "
13
common
11% May
24%
Feb
13% Feb
11
39% May
17% Dec
55
Feb
18 % Jan
2
44
Feb
19
Seaboard Air Line
50
19%; Nov
Jan
5
15% Feb
10
43 %
17% Jan
6
Dec
35% Feb
11
5% preferred series A
Seaboard Finance Co
10%
44% Jan
Feb
12
5% Feb
11
7
Seaboard Oil Co of Del
40% July
16% Feb
21
31% Feb
5
38
Seagrave Corp
Jan
2
6
12% Jan
16
11% Jan
Feb
Dec
16%
Feb
10% May
6% Feb
11
16%
Feb
10% Feb
20
Jan
94
Feb
26
104
Jan
30%
31
Dec
26% Feb
11
29
40%
Jan
5
Oct
30
11
35% Jari
10
page 24.
Feb
8
Jan
2
12% Jan
13
v
23%
'
*22
23%
5%
5 %
5%,
2,700
7%
-
7%
7%
3,400
19%
19%
21
*15%
16
500
...
600
18% ; 18%
900
♦79
18%
110%
*41
*90%
91
89%
•*88%
89%
13%
13%
13%
13%
*81%
84
14
*81%
A
14
*43%
45
8% >;
36%
.
83%
85
64
8%
64%
*63%
8%
8Va
8%
80%
80%
19 Va
18%
111
*110 Va
:
*83
80 %
18%
—1
.
*•* 16
Nopar
•
...
16
*37%
38
gy4
81
Seiberling Rubber
—Nopar
33%
33%
5
11%
12
—III
*6%
Co
100
18%
18%
110%
6,300
70
8%
8%
*8%
8%
600
26%
25%
26'A
13,500
42
♦41%
42%
*41%
42
100
*90%
90%
*90 Va
90%
90%
90%
*88%
89%
*88%
89%
*88%
89%
14 Va
13%
13%
13%
13%
84
81%
-81%
14
*81%
-
14%
14%
14%
14%
14%
45%
45%
45%
45
45
15%
*16
"
38%
Corp
7
7
j.
39%
No'par
4
1
Nopar
:•-■••
*6%
16 %
*80%
14%
16
16
*44
.
X38 %
38%
6%
39%
7
;
33%
34
33%
12
12
.
34%
12
12
7%
*6%
*10
Servel Inc common
$4.5° preferred
Shamrock Oil A Gas
*
10%
10%
*94
96%
*94
,
7,900
26%
X42
84
38
'
y
8%
14 Va
15%
7
50
100
8%
26%
*44%
•
/
66
-
110%
111
'
100
86
.•;'•
80%
9%
37%
8%
42
91%
•
A
40%
/■
9%
37%
26%
8%
27
*88%
-
64
8%
41
v
37%
85
63
19 Va
8%
9
38
*83
) 110%
26%
41
;
41
9% A' 9%
37Va
6%
10
•
1,166
83
20
14%
2,600
45%
200
16%
16%
37%
38%
600
1,100
'
Seeger Refrigerator Co
Steel
9
*40%
t c__No par
5
Sears Roebuck A Co
Sharon
•
80%
18%
♦110
26%
26%
*90%
preferred—_100
com
-
8%
♦79
110%
«83/4
~
8%
19%
*110
5
8%
80%
19%
100
55%
•
*79
5
preferred
Savage Arms Corp
•'
63%
preferred
5%
-
9%
37%
*83
21 % Jan
13%
8%
3 6'/a
Co„ 100
112% Jan
90
9
100
Ry.
8t Regis Paper Co
common-.
1st pfd 4.40% series A
Jan
8%
36%
9
82
40%
*36
49%
50%
*881/4
21%
40%
46
11
see
*48%
88%
5,200
S
24
For footnotes
50%
88%
*20%
16
8% Feb
Apr
*48%
21%
23
*18
2,300
87%
15%
39% Feb
24% May
18%
40
8
38%
16%
16%
23,500
1,400
96
'
7%
38
50%
16%
Jan
110
96
8%
38%
21%
56
Jan
Dec
97%
8%
87%
»16
12 %
Mar
97%
*48%
*54
55%
5% May
97%
87%
*22
2,400
19%
21
87%
5
Jun
May
30 Vb May
11
Oct
>
19%
38
300
110
20%
50%
*48%
♦20%
No .par
May
18
20%
CLOSED
16%
19%
8%
"
87
20
38%
1
24
6%
EXCHANGE
20%
;
5%
8%
16%
15% Feb
101
50%
87%
20%
16
*851%
5%
38'/a
300
15,500
•
5%
8%
16%
Ruberoid
16%
2,300
2,300
V
24%
104
5%
38%
16 %V
Royal Typewriter
23
«48%
•87,/8
24%
104
87
5%
38%
STOCK
♦153/4
2
16%
87
*90
2
2
16%
8%
38%
24%
105
86
20
•
r
>
Jan
Dec
8%
98
20%
21
83%
83/8 v
38%
r
20
*96
24%
♦104
16%
5%
20
64% Jan
92
*19%
98%
25 %
105
86
•>:
20Vb
22
23% fylay
40% Dec
5%
M9%
54% Jan
11%
16
84%
Ronson Art Metal Wks Inc
Oct
___
24%
*104
7
68%
7% May
25
105%
5%
21
108
9%
6%
Feb
X20
*8%
5%
18
5 %
9
6%
Oct
40
8%
5%
24%
Feb
9%
5%
Controls
preferred
Sep
26%
*8%
*6%
conv
22
17% Dec
9%
Shares
7%
3%
25
4%%
15% Jan
2
7
3%
7%
Co__ 1
Robertshaw-Fulton
Nov
Jan
7%
3%
5%
1
Corp.-
7%
3%
15%
20
*96
10
7%
3%
84%
100
Rltter Company
Roan Antelope
Copper Mines
19
18;
*19%
100
Sales for
the Week
Feb. 27
.3%
16
5%
1,900
$ per share
7%
*104
.
10
Friday
Feb. 26
$ per share
share
3%
86
5%
Thursday
Feb. 25
/ $
per
3%:
24%
v
600
4,900
:
23%
9%
lo
Preferred 3.60% series
Rheem Manufacturing Co
Richfield
104
VJ
500
63%
7
.
243%
104
*84%
:
1
B
Common
9%
16
Nopar
preferred
3%
24%
A/
100
2.50
Co
Reynolds Spring
Reynolds (R J) Tob class
42% May
,
10
7
3%
*8%
■
No par
com
convertible
20%
19%
.
preferred
preferred
Rexall Drug Inc
Reynolds Metals
8
124
convertible
Feb. 24
$ per share
3,800
PRICES
Wednesday
Feb. 23
t per share
7
i
SALE
Tuesday
Feb. 21
par
9
11%
Jun
$1
50c
'Monday
$ per share
1
8%
Dec
Sep
V
Par
15%
6%
5%
Saturday
EXCHANGE
19%
23 % May
LOW AND HIGH
Sper share
100
20
♦11
98
24%
NEW YORK STOCK
'
11%
STOCKS
/Range
600
*30%
*10%
,
Range for Previous
Year 1947
500
16%
37
*
10%
10%
105
*31%
2,100
*35
*11
10%
'
12%
1
105
31%
700
12%
24>/a
*60
25
17%
30
29
12
11%
*23%
100
31%
10,300
23%
12%
*11
5
series
32
900
29
37
*31%
65
23%
17
36%
31%
8 Va
64%
17 %
Nopar
common
'
,
7%
37
common
Remington-Rand
9
23
Co—
A
Mfg Co
pfd 3%%
Conv
31 ■>
23 %
«29%
8%
64%
7%
313/8
50c
Feb
Nov
div
93
*
*36%
—100
16%
14 %
$1.25
■92%
8
64%
V/a
•163/4
common
preferred
(Robt)
31
22"%
8%
65
7%
5
non-cum
Reis
92%
%.
8%
*64%
7%
50
non-cum 1st preferred
7%
22%
8'A
65
7%
50
common
4%
25
64%
93
*29%V
1
4%
Real Silk
*90%
'y \y',8y ':
7s/a
25
Dec
25
65
71/3
common
May
12%
8
65
100
pfd
preferred
Reading Co
,
12% Feb
8
No par
1
9
31% Jan
Nopar
Radio-Keith-Orpheum_
Ralston Purina Co 3%%
Raybestos Manhattan
28
22% July
48% July
May
Oct
Feb
'
17% May
32%
92
Radio Corp of America com
$3.50 conv 1st preferred
7
10%
96%
*6%
.
10%
*94
7
900
,
33%
34
33%
34
12
12
11%
11%
7
•
7
7
♦6%
6%
200
10%
10%
3,800
10%
10%
96%
7
-
10%
94
94
*94
V
17,400
'
2,000
96%
50
27%
27%
27 %
27%
26%
26%
26%
26%
26%
26%
5,600
32
32
31%
*31 %
*32 Va
32%
31%
32
30%
31%
1,600
21
Monday, March 1, 1948
CHRONICLE
STOCKS
Range for Previous
Year 1947
S per
$ per
70
Jan
May
Dec
14 Va
Dec
11%
$ per
$ per share
share
33%
share
18
Feb
25
73
21% Feb
13% Feb
11
15
Dec
.
13
Jan
Feb
12 % Jan
2
24 % May
Dec
28% Feb
11
6% May
91/2
Feb
5% Feb
24
Apr
6%
Feb
4% Feb
5
Jan
27% Feb
14
4
27% May
41
Apr
51
39
Feb
Feb
36
Shattuck
'
22
35%
Shell
Sheraton
6% Jan
Silver
15
1
America—
Corp of
;
Co
Jan
Simonds Saw & Steel
4%
Sinclair Oil.Corp„
May
18%
Dec
Mar
117%
Dec
92% Feb
10
115
Jan
Skelly Oil Co_
65
Oct
18
Feb
11
Jan
Sloss-Sheffield Steel & Iron_
May
23
21
15
62 %
Feb
10
'Jan
38
May
58
31% Feb
10
14
20
35% Jan
12
87%
Dec
102 %
Jun
87
Jan
13
88% Feb
27
Dec
35 %
Jan
19 % Feb
5
24% Jan
8
Smith & Corona Typewriter—No par
23 y4
13% Mar
17 %
Dec
14% Feb
11
17% Jan
5%
Feb
3% Jan
24
4 % Jan
Socony Vacuum Oil Co Inc
South Amer Gold & Platinum
3% May
Jan
5% Feb
10
6% Jan
South Carolina E&GCo com
Oct
8%
Nov
54%
Apr
Feb
17
22%
Jan
13% Feb
27
16% Jan
Southeastern
14% May-
56
Jan
38% Feb
11
42%-Jan
South Porto Rico Sugar
37'% May
38% Feb
21
42% Jan
26% Feb
27
"
5%
42
48
Oct
39 % Oct
29 y2 May
39
5%
Jan
45
Nov
42 %' Dec
27
Dec
34 %
22
July
28 %
Feb
20 '/a Feb
24%
Jan' 5
Apr
50 %
Dec
43% Feb 11
51
Jan
May
50 %
Jan
33% Feb 11
41% Jan
34'/2
28
Jan
-
29% Jan
,
27
9
t
64
Jan
5%
57% May
20
81
Aug
70 % Feb
27
73
Jan
Mobile & Ohio stock
Nov
20%
Feb
15% Feb
11
18
Jan
Feb
26
Feb
27
May
4
7% Feb
4ya May
14%
May
6
6
Jan
Jan
93%
f:tn
•71
& Co common
preferred
Dec
237/a
Sep
31% July
24% Feb 20'
24%, "Oct
ku-74 reu
20
24% Jan
8
Feb
27
10% Jan
8
65
Feb
27
Jan
5
15% Feb
16
18% Jan
2
18%
Nov
99
Dec ^
83
Jan
Dec
29
25% Feb 513
24'
98% Feb
Jan
37 %
,70
Spiegel Inc common
Conv $4.50 preferred
87
Squibb (E R) & Sons common
$4 preferred
No par
Standard Brands Inc com—_No par
2
,.
9
12
Jan
5
1
$3.50 cum preferred
No par
Aug
82
17% May
36%
Jan
19% Feb
27
25% Jan 31
May
114%
i'Feb
11
95
May
125
Feb
Feb
97% Feb
27
50% Mar
63
July
54 %,Jan
27
62% Jan
2
37% May
44% July
36% Feb
13
43
Jan
2
prior preferred——
Standard Oil of California—No par
Standard Oil of Indiana
25
July
69 % Feb
11
78% Jan
2
Standard Oil of New Jersey
81
89
■
102
80
Mar
63
23%
86
i
15% Jan
Ohio
Oil of
Standard
12
Jani22
10
*86%
98%
$7
31 % Jan
„:06
No par
No par
$6 prior preferred
109 % Feb : 2
17
20%
common
2
preferred
convertible
4%
Feb
11
41% Jan
13
37
Feb
16
41
Jan
; 2
18
Jan
11% Feb
13
13% Jan
5
49
Jan
33
Jan
30
104% Mar
88
Feb
10
91% Jan
I5
32% Jan
9
Stevens
14% Jan
2
Stewart-Warner Corp
Jan
2
Stokley-Van Camp Inc common
5% prior preferred
Stone & Webster
No
34
Dec
88
Dec
Nov
36 %
Oct
28% Feb
13% May
19%
Feb
12% Feb
13 % Feb
«
27
14% May
24%
Oct
19%
21%
Jan
18
17
Feb
11% Jan
May
25 %
Feb
16% Feb
15%
Feb
9% Feb
18
11
10 % May
27
Jun
10% May
16
105
July
51
109 %
May
97
12%
327/a May
45 %
Jan
34% Feb
14%
11
5
Feb
141
Feb
14
Feb
13
84
87% Jan
12
Feb
5
6% Jan
8
28%
•
10 %
5% May
25
36% Jan
16% Feb
27
Feb
27
Jan
81
Feb 19
i
^35
12.50
Lowest
Highest
Lowest
No par
25
*15%
(The)—4.16%
Paper
39
*14%
31%
17%
25
& Co—
Swift International Ltd
'
Sylvania Elcc Prod Inc com„No par
$4 preferred
No par
Symington Gould
17%
*84
*5y4
1
Corp
15%
4%
4%-
6'/a
6
'
7%
Talcott Inc
9% Feb
11
10% Jan
6
Jan
3% Feb
11
4% Jan
12
Jan
8
Tennessee
5
5
25
1
Corp
Corp
Aug
15% Feb
11
Sep
68% July
52% Feb
14
60 % Jan
5
Texas Co
10 %
Jan
24
Dec
17% Feb
27
23
Jan
2
Texas
Gulf
Producing
58%
Nov
47
Feb
13
56% Jan
17
Texas
Gulf
Sulphur
Dec
37% Feb
10
46 % Jan
2
Texas
Pacific
46% May
21%
47%
Jan
Feb
Feb
45% Feb
5
Dec
11% Feb
37% Jan
10
10
29
Jan
34% Dec
41
Jan
58%
13%
Dec
15%
18%
Dec
19%
Dec
18% Feb
14
12%
Dec
21%
Feb
11
Feb
26
15%
41
Dec
59%
Feb
39% Feb
25
12
May
17%
Feb
12% Jan
9% May
13%
Feb
Dec
60%
Feb
6% Aug
14%
Feb
45
•
12
,
Jan
8
Ino
conv
$2.40
46 % Jan
9
29
,13% Jan
15
10 % Jan
8
42% Feb
21
.47% Jan
'g
7% Feb
19
9% Jan
9
Third
-
preferred
conv
Thermoid
Co
div
$2%
preferred—!.
conv
Oct
19% Feb
11
23% Jan
2
Thomas Steel Co
Feb
10% Jan
26
10% Jan
8
Thompson
Jan
39% Feb
11
t48 % Jan
59%
J9
Jan "20
6
27
Feb
26
27% Jan*' 5
Oct
i9ya Feb
13
24
Jan
'2
108%
Feb
95% Jan
2
99
Feb
11
21%
Feb
17% Feb
11
85
7%
Feb
May
39%
Feb
22
18
May
25%
94
Dec
15% May
20
92
Feb
3% Feb
Mar
106
4 % Jan
6
"19% Jan 17
40 % May
53%
Oct
45
Feb
10
53% Jan
10% May
15%
Jan
10% Feb
27
13% May
22%
Jan
17
14
May
20% Nov
5% May
Feb
99
;
Dec
•7%
Jan
112% Feb
11
Feb
17
98
4
6% Jan
Nov
12% Feb
11
*
14% Jan
"12%
Dec
21%
Dec
38%
Jan
19
Jan
23
22% Jan
48
Jan
33
Feb
16
36 % Jan
94
34% Aug
$3.75
Detroit
13%
38%
*38%
39
38 3/t
38%
38
*38
39
%
26%
211/a
,
43%
,.v; v
47%
72
9
Dec
15% July
10
Feb
11
46 % Feb
Transcont'l & Western
Transue & Williams Steel
2
Trl-Continental
22
5
5
Jan
12
7% Jan
6
;$6
Corp
"
'
preferred
—No par
Truax-Traer Corp
No par
20th Century Fox Film com—No par
$1;50
conv
preferred
No par
$4.50 ^prior preferred
*32% Jan 21
•
*
21%
8 '/a
8%
8
*661/4
67%
*65 '/8
66%
65
67
16
16
16%
16%
26%
26%
26
26%.
98»/2
24%
23%
841%
*82%
84%
20%
21%
30
May
For
Carbide
&
Carbon
Un El Co of Mo pfd $4.50 ser—No par
Preferred $3.70 series
No par
Preferred $3.50 series
No par
Jan
2
109
Jan
23
91
Feb
9
91
Feb
9
86
Jan
6
•90
Jan
24
26% Jan
2
Union Oil of California—
2
Union
see
Feb
page
21% Feb
•
11.
Jan
Jan
19
165
98"% Jan
22
101% Jan
2
Jan
15
31% Jan
24.
400
98%
99
23
•
23%
84'%
87%
98%
99
5,800
57%
57%
57%
38
38%
38%
71%
71
71%
.
10%
26
35
4%
Union
Pacific RR Co
non-cum
Tank
common
preferred
Car
25
*108
*90
*86%
*22V4
100
155 ¥2
100
*98
No par
33%
•'
900
98 %
57%
57%
57%
38>/a
38%
37%
38
5,600
70%
71%
70%
71
11,000
25'/a
24%
25%
25
.
:
11%
11%
*40
41%
*39 '/2
41
,
:
5,100
;
8,100
600
11 %
113,4
2,800
*39%.
41%
200
11%
40y2
:
95
*91%
95
11%
11%
800
87
97%
*91%
'95
*91%
92
.
25%
25
25%
12,500
20
>87 •'"•
%•
400
37'/4
37
37%
*36
37%
*37
37%
*12'/a
121/4
*11%
12 'A
*11%
12%
*11%
12%
33%
33%
33%
33%
33%
33 Va
33%
:
,
34
3,600
89%
21%
*88
89%
*88%-'
89%
*88%
89'%
29 >/2
*88
30
30
*29%
30
29 Va
29%
13
13
123/4
12%
1,300
13%
13%
13%
3,200
*12%
13'/a
13
13
13%
14%
14
14
18 Va
700
18%
18%
18'/2
*18%
18%
13%
>18
12'/4
12 Vi
121/4
12'A
12i/4
12%
12%
12%
2,300
16%
*
17
17 »/4
17%
171/8
17%
16%
17
6,900
+114
10%
35
9%
10
9%
19
y4
10
10 34
35,100
35%
35
35
143
1,600
500
600
15%
15%
16
16
*15%
16%
15%
15%
39%
x39
39
*38%
39%
39
39
*14%
16%
*14%
15'%
30 3/4
31%
31%
31%
17
17%
*14%
16%
*14%
16%
31 'A
31%
x30%
31
17%
.17%
•
17 Va
17%
17%
17%
17%
85 Va
85
85
*84
*51/4
5%:
5%
HIGH
AND
Feb. 23
Thursday
Feb. 26
$ per share
10 %
*9%
4%
15%
$ per
share
Shares
10
*15%
53%
54 Vb
100
6,900
4
4%
15%
VB
53%
4%
IS3/!
54%
54
for
the Week
share
*9%
10%
*9%
*4%
4%
*15'/2
54
$ per
16
*4%
151/4
531/2
Sales
Feb. 27
10 'A
*9%
10
1,000
Friday
Feb.25
*4 '/a
- v s
2,300
5%
5'/a
5%
5
6,700
,
85
Wednesday
$ per share
share
5%
*84
85
»
17%
17'/a
17%
17%
*84
SALE PRICES
Tuesday
Feb.24
Monday
.".
70Q
3,200
17
16%
~
171/4
$ per
1,500
20
143
193/4
20
146
''
9%
*93/a
93/4
20
1,600
.
*38%
16
53
800
,
18i/4
381/2
19
18%
18%
7,400
51%
53
X53%
53%
53
53%
52%
53
3,000
42%
*41%
42 V4
41%
413/4
41'/a
41%
5,500
31
31%
31%
32%
32%
33%
31%
33
%
8,100
47
47
47
47
46 3/4
46%
*46%
48
11%
11%
113/4
2,900
18%
*18'/a
18%
11%
*11
11%
40
*393%
40
42
i/e
,18%
;
11%
11%
11%
121/a
11%
*18%
19%
*18'/a
19%
18%
11%
11%
*11% .11%
40
40
-
9
i.
.
7
:8%-
■
10%
•
1
-
'
9&1/4
• <■
.
..
"-
■■■>:±
,
.•
:
.
20'%
9,800
98%
98%
99%
9834
98^4
430
18%
,18%
46%
AT.
'
,
,
<
,
-
(6%
30
,10
47%
10'%
108
*90
»
*86%
22'%
155
*98
34
18%
19%
18%
19%
*14%
15%
♦14%
34
*93
.>
10%
97 %
,
19%
,
19%
19%:
28%
.
,
'10%
10%
Xl3%
13%
10'/2
>
.
18%
46
10%
*98
-99
*46%
'
17%
453%
10%
1Q%
'5%
1
28'%
973/4
108'%
y
*6%
V 29%
*• .10 %
,
5%
50
1,000
19'%
7,900
133/4
20
.19
19%
19
341/4
*333/4
6%
30
10%
-V
6%
*29 3/a
10'/a
15%
13%
13%
93
<2,600
98%'
*13%
•96
'
5 Vi'-
13 3/4
-
1,500
2,200
•98%'
5V2
98
98
2,700
•
-
■
34%
*33%
*92
9,300
600
34%
93
95
29
30
10%
;
10
•
•
f200
6%
6%
"6%
500
;
29%
1,300
<•'
10'/a
10
•47%
:47
10%
10 Vb
10'/a
10
10'/a
297/a
29%.
297/a
29
29%
10%
29
x97
.;108'%
22%
155%
*98
34%
.,973/4
108'%
'93
88%
22%
156
97%
97
98 'A
1073/4
108'%
*90
86%
22%
156
93
86%
223/4
157'/a
1073%
•
y
,800
4,700
98
7,400
120
107%
93
87
87
22%
900
47
*90
157
800
i
10%
10'%
X47%
:21o
,
10 Va
10
88%
34
6%
•
'/
48
*86%
99'%
18%
47
10
*90
22 3/4
:99
18 Yb
,47
<47
93
155
100
10%
19
151%
96
*98%
22
*14% •15%
5% ; 53/4
.,
.
10%
,
1,500
3%
3%
193/4
33%
%
1,700
-170
87%
*20%
19%
6
900
43
22
33%
*
5
20
18%
*14% '
*29%
87%
22
18%
*92
,
43
89
20
11
13%
•
.
*10
44%
*87%
3%
18%
'".*981/4
,V'. 'i~.'-'l'' • ,'
10%
x43%
3%
1,000
10%
*10
44%
3%
80
"2,100
'
201/4
y,
'
13%
,
8%
19%
8%
19%
(22%
46
5%.
'
9
■>
3%
10%
■
433%
*43
20
*8%
20
600
8%
8%
8%
100
13'/a
*123/8
13%
43%
19%
46
-■
150
*20%
18%
Va..
100
300
98i/4
19%
.
300
19%
3%..
23
*22
CLOSED
*8%
*43,
101/4
*87%
89
*123/8
89
10%
44%
T*3%
STOCK
EXCHANGE
.
101/4
44
88
•
.
20
20
'
.
9'/4
9yB
9%
44
•.
9 !.:?
43
43
20
20
4V
12%
9
-43
11
*39%
17%
18%
•
Xl2%
>
9
43
* '•'
.
39%
•39%
13%
*12%
V
•
3%
6!/2
115'%
10%
144
146
146
115%
10%
116
x93/4
9%
20 'A
19%
19%
146
*144
1,700
51%
35
735'
v
;.
'
1,800
98
10%
11%
10%
35
,10%
:f 35
9%
9'/a
51%
51%
*•1151%
116
*115
116
400
18
*92
98
51%
51%
51%
51%
51%
9%
*92
98
*92
98
9%
9%
9%
9%
9%
*92
'
89
9
106
38%
footnotes
1,500
21
87%
58
*36
10%
43%.-'.
47
10%
28 Va
97%
109 '
"93
88 *
22%
155 V2
99 V2
33%
Mar
152
2,000
19 Va
20
99'/4
1
11%
20
47
97%
Feb
130
17
26
*81%
84%
40 y2
42%
8
Corp
No par
Union Asbestos & Rubber Co
5
28 %
111
4,100
8'/a
65 Vb
26
'
23%
99 y4
v'57%
f'
9
10'A
No par
164% Dec
'•
16%
;
99%
23%
,*81%
24
87>/a >87%
20%
87%
99 VB
30%'
47% •/
11%
19y2
11%
40%
13%
>
*10
No par
Nov
*98%
99
8,600
22
20%
16%
261/
1,100
25
25
25%
21
.
500
73%
*71
25%
41%
1
(The)
Union
Apr
97%
12
Union Bag & Paper
Apr
,20
•'
8%
.92
10 % '
2
;
2,300
6
6
6%
73%
21%
25
:10%
9
Sep
120
Feb
,14% Jan
Jan
Dec
\
•
'
/
*6
*71
251/4
86%
10
:
500
4'/a
4
4'/a
4
6%
'
300
1534
8%
70%
29%
34% Jan
Jun
153/4
211/a
37%
>
6V2
*29%
102
27
16
25 '/a
*98
*92
11
106%
15%
731/2
98%
2,500
y
70%
81/4
v
19'/a
33%
96
22
104
*70%
70%
4%
4'/a
*6'/a
*71
12,000
46'/2
72
200
:
-
•
'
251/a
20%
15%
5%
99
27% Feb
Dec
58%
15%
15%
4%
*82%
18%
93% Jan
Dec
35%
58%
98%
10y2
4%
15%
53%
18%
51
18%
Oct
91%
34%
59
21%
17 y4
85 >/2
5%
*14%
-SVz
*98Vi
13%
19Va
*33'
1
Jan
85
453/4
35%
<8y8
16y2
31%
17%
5
Air Inc
common
37%
115
47
35%
'*581/1
72
*70%
■
6%
16 %
39'/a
No par
-.
2
15%
Dec
105
10
1,900
23%
45%
11%
No par.
Bearing
110% July
Jan
20%
661/4
35 '/2
45%
*11
tTransamerica Corp
27
27
9 % May
20 Va
26;'
18 Va
11% Jan
Feb
25% May
21%
X46 '/4
58%
15%
.10
10
89%
1,200
15%
98% •
Underwood
27,
17% Oct
Feb
26 %
36
58%
:
73%
•
18 y4
9
Feb
97/a May
58%
26%
X20 '/2
48'A
35 %
35%
59%
■
26%
26%;
21%
47%
34%
*58
38%
26%
21%
900
38%
•
26%
1,700
383/4
*38%
39
*38
20%
98%
•51% Jan
17
Feb
43 % May
3,600
13%
■25%
5
Axle_
10
27
<6% Feb
12
5%
40%
14%
■
No par.
preferred
Udylite 'Corp
Jan
Feb
29
4,900
5%
4
40%
4%
19%
2
Jun
16
51%
4
5%
13%
*6
lo
Jan
104
Dec
Nov
4
*39'A
*71
23
;
19%
5
Dec
7
30
6
14%
15%
com—No par
No par
Tide Water Associated Oil com
Timken
*10
No par
100
No par
Twin'City Rap Transit com—No par
-5% conv prior preferred—
50
Twin Coach'Co
1
93
92
A
€%
41/a
.
40y4
21%
CLOSED
43%.
*87%
*3y2
' *21 Va
—
Thompson-Starrett Co
?$3.50 cum preferred
Timken .Roller
104% Jan 27
15%
1
2
17 % Jan
,
7%
*19%
15
...
com
8
20% Feb
2
15% Jap 22
5% Feb
-
50
(The)
R)
(J
Thompson Froducts
«4% preferred
7
13% Jan
1
1
Avenue TransitiCorp—No par
16%
Dec
*11%
*40
*12%
*8%
42%
No par
No par
preference
common-.
24%
May
*18y2
No par
5
The Fair
Jan
3% May
*45%
11%
.
50c
common
Sep
85
30%
1
100
Ry Co
10
38
1G,200
14%
Trust—
Land
16%
1
10
Thatcher Glass Mfg Co common
8% Feb" 11
,
51
41%
No par
Oil
Coal &
Pacific
&
.$1.25
15
14% Jan
21
'
share-ctfs
Sub
Textron
16 y8 Jan v 9
:
,
Texas
10
50% Jan
f
(The)
Pacific
Texas
*9%
*4
15 V2
*53%
18 V4
9
(James)
Telautograph
53%
20 %
100
15%
*39%
26%
tper share
Par
<$ per share;
18
13% May
20
21%
14%
LOW
EXCHANGE
Feb
14
May
3% May
88%'
*20%
40y4
T
10
1,000
--15%
*39%
STOCK
Saturday
Feb. 21
STOCK
NEW YORK
1
Highest
;
$ per share
$ pet share
< per share
153/4
89%
600
200
•
32%
88%
38%
STOCKS
Range since Jan.
Year 1947
21
15%
*88%
47
32%
■7-
;
38%
■'
Previous
Range for
21
15%
9%
9%
9%
*19
19ya
*143% 145
10c
Co
(The)
California
Co
Swift
5
x30% Feb
100
cum)
Sweets Co of America
16% Jan" 19
104% Mar
Dec
Dec
211/4
15%
:
14%
98
51%
116
10%
10 V2
5o
10
Sutherland
6
19
'8
,•
;
89%
*21
17
Superior Steel Corp
,
Jan
Jan
18%
24
43 % Jan
16%
*9%
Sunshine Biscuits Inc
13
9
Jan
18 % Jan
Jan
Jan
27 %
*88%
21%'
34
2,500
18%
18%*45
•
*323/4
r
700
>
.
*92
v 51%
*114
1
Sunshine Mining
Superheater, Co
Superior Oil of
160
1
1
Oil Corp
Sunrary
1
20
par
No par
(4'/2%
3
21
37%
Dec
89 %
4'/a
58
38%
No par
common..;
pfd
8
22
Jun
20%
79%
Class A
8
17 % Feb
30%
34
v" '
1,300
13,900
,104%
104
18%
49
33%
12
(The)
Jan
11
Feb ,11
15
Oct '
Sun Oil Co
'
38% Jan
Mar
21%
*181/8
*47'
■
'•
16
•
104%
104%
33%
15 %
20%
87%
98%
12
Corp common
38 % Jan
11
Dec
47
Jan
6
10
11
24%
May
36
2
Chemical
5
$4.50 series A preferred
21% Feb
9% Feb
18% Feb
160
May
Jan
11% Jan
Oct
24%
17% May
13
Sun
9
'
Jan
101%
Studebaker Corp
7
11
13% Mar
8% May
5
117% Jan
31
Feb
5
100
15
& Co Inc
Feb
58
1
preferred
(J P)
11% Jan
26
9 %
Sep
3Va%
21% Jan
;97
No par
L S__
Sterling Drug Inc common
Jan - 8
14% Jan 16
9
113% Jan
Oct
125
Jan
77/a
Feb
,
(The)
Stetchi Bros Stores Inc
20
u
6
51 % Feb
Apr
75 % Mar
Dec
114
Fehi 27
Starrett Co
Jan * 2
39
11
11
30 V4
105i/4
18%
*88%
71%
25%', 25%
1 *92
93
11%
11%
**39
40%
37%
37%
*12
12ya
33% 33%
*88
89y2
29% 29%
*12%
13
14 y8
14 Va
*18 '/a
18%
50
38
Oct
May
12
99 %
y
■">
37%
16'/a
*35%
16'/a
49 '2
71
preferred series A
100
Standard Steel Spring common
1
-Feb
49
•
38
3%%
47.
Jun
37
57%
25
10
May
41 y4
)
16,
16%
,
1,100
28%
*39%
25
20%
8%
4,300
4%
4%
28
363/4
18 y4
73%
Standard G & E Co $4 pref—No par
12
Jan
11% Feb
Feb
17%
16'/4
-
6
.
200
5,200
■
J
w'
Feb
91?
«Jan
105
Dec
107/a May
<
24% Feb '27
31% Aug
Jan
94
<
.
16%
36
,
49
*66% 67%
16
16
*25
26
*97% 100
24 %
24%
*81% 84%
No par
Square D Co
Jan'29
28 % Jan
11
iFeb
% Jan
104
"Feb-27
23
!
Sperry
29
1
1
2
Sons
Spencer Kellogg &
Corp (Tnej
29% Jan
r
112%' Feb
Nov
23 y4
Feb
45 %
13% May
27
i
90%: Feb
Dec
68 %
Feb
17%
1
"
20%
8%
No par
$5.50
36%.
<<■}■■■
6 Va
4%
*20%
'
30%
5%
V-
28%
18%
16%
4%
6%
*71
25
No par
Spear
Jan
36%
*70'/2
*15%
*4%
*6
1
36
7
4%
x28 3/a
33%!
1 •„.'
29%
■
6%
48
72
7 % Jan
73
16% May
May
*70%
Spalding (A G) & Bros Inc
Sparks Withington
73
8
100
tr ctfs
4%
28%
.100
300
-■
*4%
*18
-.800
123/4
'
28 y4
.100
,
'
5,200
>
13%
*12%
31
48
34%
59%
4% Jan
7
n
non-cum
34%
*58
6'/a
6%
>
4% v'
EXCHANGE
100
preferred
58 % Feb
'
47
Co
iSouthern Pacific Co
.
No oar
Southern Railway common__No par
2
Feb
15
46%
25
7.50
Edison
77
68
21%
38%
*26%
30%
'■
:
■;
3/4
x 13
12%
*12%
6
28 ■%-■
••'<•<,»>• ''^v/vvv.
15
38%
38%
27
21%
25
:V
12%
30%
!
16 %
,
40%
*14%
38%
12 %
70
70./
,.
■>'
14%
141/a
r
20.% v^o%
t,69 :•;/
*68
141/2
Shares
share
$ per
21 y
20%
<•
68
30%
'
,
6
.-
4%v
211/2
v
.
28
'
* 4%
6%
Lines
5
com—No par
68
36"; ■
•
..
*39%
Greyhound
Natural Gas
Southern
4%
*6
—50
preferred
preferred
Southern California
•'
u.
15%
15%
_15
1
7.50
8tf>
15
40'/a
J
1
15
±
Corp
(AO)
20% '
*14 '/a
12%
30 '/4
•5%
•
16%
16%
100
100%
*18
18%
*47
49
33
33 %
*88% 89%
*21
21 %
—10
Smith (A) & Sons Carpet Co com__20
3%% cumulative preferred
100
Smith
*12%
."'29%
1.
28%
37%
No par
:
15
■;
4%
*28%
*36
No par
1
>;; > ';>■■■
1
V
69
14 Vi-
14%
6'/a
*6
,
5
No par
{Cing Coalition Mines
Simmons
18% Jan
11
Pen Co
*66
;
•,,
:•
share
for
the Week
Feb. 27
Feb. 26
$ per
$ per share
21%
20%
69
14%
12%
30%
No par
___1
Feb. 25
Sales
Friday
Thursday
Wednesday
$ per share
21%
*66
14%
12%
30%
Oil
Jan
44
20%
No par
,
$ per share
t per share
No par
G)
(W A)
Union
7% Jan
24
Feb
(Frank
Sheaffer
35% Jan
34
Feb. 21
Tuesday
Feb. 24
Monday
Feb. 23
(-Saturday
,
Par
% Jan
PRICES
SALE
HIGH
AND
,
Sharpe & Dohme common
$3.50 conv pref series A
8
<Ja,n
68
Feb
82
LOW
,
share
23 % Jan,
11
17% Feb
■
STOCK
EXCHANGE
Highest
Lowest
Highest
Lowest
NEW YORK
Range since Jan. 1
223%
159
99
98%
99
98%
99
34%
333/4
34
333/,
34%
■
#
:
•
*
-'
70
2,100
1,900
500
1,300
Volume
(959)
V'
Range for Previous
Year 11)47
Range
Lowest
Highest
$ per share
$ per share
$ per share
<
16% May
102
25%
Dec
Dec
105% Jan
10
26% Jan
6
107% Feb
3
Dec
28%
Apr
16
Jan
6
Dec
120%
Apr
77% Jan
12
18%
Sep
24%
Nov
19
28%
Jun
35
Dec
27% Feb 20
26%
Jan
33%
Nov
3%
Dec
8%
Dec
2%
41
29
Feb
% Feb
2% Feb
40
Feb
United
4% Feb
61% Feb
Jan
Jan
43
$3
6% Jan
70
Jan
11% May
19%
Oct
16% Feb
13
20
Jan
17
43%
Jan
37% Jan
21
42% Jan
29
Board
&
Carton
Jan
20
59% July
,24% Jan
Dec
12% May
19%
15% May
91
:
Dec
106
71%
Feb
preference
170% Feb
6
33%
53%
9%
24%
46%
Dec
23% May
127%
t
Dec
67
r38
"•
t.
/
48%
4 yB
20
11
Feb
2 '
66%-
Jan
.68
7
Feb
.38
r
Jan
2
4% Feb
5
57/a Jan
52
/Feb
31% Jan
27
34 c Jan
'Feb
16
13
17% Jan
11%
Feb
23%
Dec
163%
Dec
13%
Dec
29%
56%
Dec
91%
4% Feb
Feb
Mar:
18%
11
Feb
150
27
14 % Feb
"20%
12% May
Dec
84
Nov
85V4
Nov
r
95
«
94%
Nov
Dec
J 34 %
Feb
Feb
13
42
Feb
10
-87% Feb
2
Nov
27".
Nov
16%
121
~7%
Feb
il
Nov
112
,
93
Feb
11
Oct
14% Jan
7
Feb
109
18
Jan
6
Jan
7
.
Van
10% Jan
106
Jan
114% Feb
24
Jan--8
Feb
35% Feb 27
37% Jan 30
30'A Feb
10
34
Jan
8
32
Feb
10
'30
34
Jan
8
Dec
33%
Nov
28% Feb
19
32% Jan
5
32%. Jan
6%
13
1%
500
98
97%
98
97%
97%
3,000
175
*173
12%
*70
72
6%
6 V8
30
30
29'%
29%
29%
29%
600
18%
18%
18%
18%
18 Va
18%
*8%
9%
2,900
*8%
9'A
*8%
9%
41%
42%
52;
1,600
26
2,100
*8%
6%
9%
34%
6%
'
♦
42%'
42
51
X42%
>
51
26%
"
27
43
*50%
42 %
Z
52
26%
27
"'
/
*87
EXCHANGE" "
CLOSED
;
"//
"40% ,'41%./' /"
90
*87
40%
40%
i;
;/•' '•
134
*130%
43
■43%
44%
68
'67%
90
132
67 y2
69
■132 " /
'
*87
40'A
44%
*67Va
*
;
•51/8
68y2
4%|
A
4%,
32%
*16%
19%
152
12 Va
1
*12
57 ya
56
14%
jut'-.-.i':
13 Va
22%
.;
125 /-■
86
92
'
*87
95
*87
8
43
8
97
16%
*91
92 %
43
*87
7%
16%
:/
•/'■
•17
16%
114%
-17%
•
*114
115
i
*18%
*36%
*18%
18%
37%
*36%
37%
3iy»
31%
*32%
*30%
33%
31%
"
*32%
33%
20
*28
30
33%/
/■ "
*28
20
*29
32
*29
NEW /YORK
STOCK
Saturday
-
EXCHANGE
Monday
Feb. 21
$ per share
Par
v;>
18%
$ per share
$
V
33%
'
30
*28
-v32 ->
v-
'♦
-
"
23%
23%
900
89%
"10
♦
*86
-91
32
*89%
$ per share
"
v
7%
93%
16%
17
17
33%
*28
30
*29
32
18%
35%
"
35%
31%
500
33%
33'A
300
*28
/
*29
300
30
32
-
———
Friday
$ per share
Sales
Feb. 27
Feb. 26
$ per share
800
100
*31%
:
;
Thursday
;
1,200
Z
11,900
114%
*18%
36%
■
*113%
31%
Feb. 25
95
7%
93%
../.
*33%
500
93
*87'%
7%
-
50
.43%
■
95
iJ t
"
92
92
30%
V :v
30
■
•
,
*90
*41%
36*%
Wednesday
Feb. 24
pey share
"
'
*29
■/
high sale prices
Tuesday
Feb. 23
4,000
xli4%!: 11'4%
*18%
18%
18%
low And
300
12%
96
16%
'
1,200
12%
42%
94
1,100
13
23%
7%
98
14%
13
•
31%
>
•
*87
.
7%
'*96
.
'
*89%
95
7%
100:
113%
•
42
93
7%
14%
*22%
88%
91
*42%
1,400
56%
12%
24%
*86
*89 y2
95 "
-
*95%
115 "
24%
88%
70
12
23%
:
12%
25
*86
'
16%
>114
%
93
*89%
15
■
300
153
11
*56
12% •13%
23 %'
.
,
wt
25
•r
23
t
43
44
93
57%
15
13%
•'13 /'
91%
*43
*89%
97
15%
13 y„
200
'■•200
20*
*152
/
12'A
3,200
4 Va
*19
'
88%
91
15 y8
4%
34
#16%
4%
20
12'A
97
4%
16%
153
*56
400
%
*30
:4%
*19'A
9y8
;•
17"".
■
*152
12^'
""57'A
23 /'■■
,
-25'
*85
'
/
.
"•
22%
13-'/ /•
^
"
25%
86"
"14%
/•':13% "13%
(
\ 23%.
(
13 :>
*23
-V
*55%
■
■
16 y2 ■
20
800
*91
.4%:
900
5
9
33%
*4%
19 y4
•
153
12
56%
14%
14%
*13
12%
*
-
■
19%
38%
4 Vh
-
97
'
16,700
2,200
38%
;.:
9Va
.4%;
-
*30
200
69
131%
*18%
:
5
9y8
'*91 /•■■
4%
153
/
19% i
"
68
131
40
16%
*4»A
19'A
^
153
2,200
68
,
*39
,4%;
16%
>
-
500
44
*67
;
.18%
33 y2-
19%
*150
12VA
*56
'*88
4%
...
70
132 V4
:;"5
1
95
"%
16%
*4y4
*90 Va
,
4,400
132
*43%
'
33%'
20
152
4%""
4%
200
40
*130
67%
132
9%.
;1
.
95
,y30
4%
*19%i
3%
*90%
1,100
90
"39%
44%
69
.-
1A
"
*16'/2T 17
*4 At
'10
: *88'A
5
95
*29%1
70%.
132 %v
19'A
"•
v
'40
40%
67%
7oy»
"
*87
132
44
132%
>
■
9%
V-
»90V4*
19
*18%
39
*4%'
69%
,
25%
90
'■131%
6
"'•■ 52
27 '.
2.000
'
43%
-
133"'.;
132%;
18M»
OQ1/-1
52
26
34
" 6
:
42%
*50%
-<
'■ ■/:
•
33%
.
STOCK
|133
|
34%
•
40%
18% J
"39
I
—„5
700
72
,
18%
33%. .' 34%
-
v
12 V*
*70
30%
69'A "69%.
*132 %f 134
L
5
175
12 Va
■/
18%
9'A
| 90
*67
.
*173
*12%
40
*29%
19
43
•
175
12%
72 >"
*70
3'7%-
Highest
$ per share
18%
*18%
Range since Jan. 1
Lowest
$ per share
4,500
*17'A
6%
■/•/;/,/ STOCKS
.-Highest':"/
17%
92
18
*30%
preferred
16%
92
92
*36%
.common
,17%
8,900
34%
42
*130
_No par
common
cumulative
Range for Previous
Year 1947
17%
preferred_,__—,"/_/;;—__25
Virginian Ry Co
10,300
49%
18
25
_25
Visking Corp iThe)
Vulcan Detinning Co
1,300.
14%
*90
.
100
20%
14%
29%
40%'
100
preferred^—
L;
Va Iron Coal & CbkeA'V pfd
20%
14%
6%
"«
■>87
-—100
$5
49%
20%
33%
25%f 26
-
50%
14%
17%
12%
73%
49%
91%
£
*173
12%
*70
50%/ 50'A
series——100
com
175 /
_
*20%
17%
*89%
97%
12%
'
.
17%
\
■
_
6 Va
42
6%. div partic preferred—,—100
Virginia Elec & Pwr Co-corn-_No par
Feb
Lowest
19
17%
*173
12%
72
com——1
Va-Caroiina Chemical
•
36
29%
preferred—1——IO0
2nd
175
'8 %
25
common
97%
*6
.—,—1
preferred
97
*70
new/———10
cumulative
17%
96%
*12
*25
non-cum
16% "MC%
*34%
-
13
5%
9(H" ♦> 9i :•
16
*172%
?,20
5
Jan
$ per share
Inc
17%
91
96%
Co—/ —_v„2.50
Co
17%
16
par
8
»-
45
13
par
sugar Co__6y3
3V2%
"17% Feb 25
38
32% Jan
Raalte
3%%. preferred
40
Oct
14%
—10
Corp
Victor Chcipical Wofks
16
Dec
33%
50%
21
14%
Ry/com—100
47% Jan 's2
89% Jan
Dec
Aug
50 %
20%
Vick Chemical
Co_—_/_/_/L—/_2.50
Vicks Shreve & Pacific
24
Oct
;.30
800
14%
preferred—"
Stockyards
Vertientes-Camaguey
6
!31
31%
38
50%
Vanadium Corp of America_"_Nb
par
/-Feb 21
20
38
21
—
non-cum
Van Norman
10
91% Feb
'
38%
Smelting Bef- & Min' com;»;,50
United
Jan 23
29% Jan
.86
2,100
38%
PlayinigiG^AC<^4.LlL.L^L;_Liilo /;
7%
t
;/
5
•
38%
'
27
14% Jan
,26
'14 % Jan
21
86
10%
May
107%
86
Jan
50%
5'A May
(69
Feb
23% Feb
104% May
97% Oct
Dec
,
2
Feb
'94
Dec
|14
12% Jan
39-
35% May
85
Jan
16
38
14%
Machine Corp—
5
Jp.
"100
7" /Universal Pictures Co Inc
Jan a7A»!
4y4% preferred"/;^
16% Jan
13"
21% Feb
18
38
173A
49%
preferred—
7%;/-preferred
4%
70
18%
20%
S Plywood Corp common/—_1
3% CU cum prd series A
.100
-U S
4%
*65
17%
.
23 ;; Jan
64
10
,12% Feb
U
v
.
1,300
1,100
18
*89%
Pipe & Foundry——__i_
16,200
17%
14%
" Universal-Cvclops Steel
Corp—A:
1
14 •••
Universal Laboratories Inc__—"_1
2,'/ Universal Leaf Tobacco
com_N»par
8% preferred——/;;.
5/
100
163 % Jan
:. 14% Jan
* Feb '24
56
Feb
;
,6
Feb
U S
4%
70
10
2%
41%
17%
Co common———20
—
52
2%
*41
17%
17%
preferred/-
52
9,700
38
50
preferred—^,;/.;;——100
"< 4%%.
4%
*65
2,000
3%
2%
41%
68
29
30%
3'A
53
2%
5%
*65
29
*28%
3% '
4iv«
21%
Chemicals-—_No
29'A
30%
3%
17%
par
Hoffman
29
*51
14%
'8
•5% Jan
17
Feb
All"
/ Feb
22
Dec
Feb
:• 19
Feb"
192
■13% May
9
6
97 y2 Jan
Jan
t
S
200
2%
4%
70
1,200
12%
39%
49%
•'5 " United Stores $4.20 nbn-c 2d
pfd—5
13
$6 conv preferred——
No par
5
United "Wall Paper Inc/common
2
4 % cum conv
21
preferred—
—50
Jan
v
*68
500
19%
*12%
41%
41
82
*19
12%
*28%
*203/4
par
5% Jan
2%
*80 y2
9,800
19%
*12%
53
9,200
17%
*38
1st preferred—Li.-—-_No
par
4 Va%
13-A ;
40 y2 Jan
A
•/10
.
,
30
Jan
;
*68
2%
5%
82
19 % "
24
107%
17%
'
3%
*51
41
*81%
-
23%
*107
18%
Shares
*17%
"50
78% Jan r9.VT' U S Steel Corp common";
"No par
140% Jan 19 m- •■" :1'/a preferred/,"//——"I,; 100
a, ;u s Tdbacco Co com—".'"—No
19%-Jan
27<!
?<■ 4% Feb 11
: 8% Feb 11
93
Jan 29
:Jan
70
131 V Feu Mil
£/ 17% Feb-10
Oct
2
1377/8 Jan
t 47
5
2%
24%
for
the Week
$ per share
107%
17%
31
3%
53
.
41
5%
75
U S Rubber Co
common—_-„_lo
13; '■* 8% non-eum 1st preferre<LAM/l00
"45'A Jan
6
2%
41%
*29
3%
*51
2%
Leather Go common.,..
No par
Partic &'conv class A
—No par
U S Lines Co <
common—;————l
5
9
53
28%
31
3%
18%
82%
19%
12%
28%
1
corn—
Gypsum
•7'- "US
% Feb
22
Dec
May
May
26%
53
33 y2 Jan
28% V'
*29
3%
5%
U S
10
-
90'/2 Jan
6
41% Jan
109% Jun
Dec
"■14%
13-
Feb
'#130
Feb
10%
Jan
45% Jan
25% Feb1 14
38 % Feb
Feb-
8%
12%
16
87
Feb
Dec
'
49
•:
Mar
23
Dec
16
Jan
150
A.
5%
X33%
Feb
Dec
:
Jan
96%
A'
39% Feb
1
28%
31
i
41%
5
Foreign Securities—No
U S Industrial
.8
Oct
28
;
*28
3%
°-5l
_5
Freight Co,;,,"";..—No
v
2
9% Jan
Feb
/Jan
8
2iy4 Jan
15
80
Dec
.
5
»'
11
19%
12%
•
-
100
S
7%
,
5/
Feb
!81
xi7% Nov;.
Jan
Jan
51% July
61% May
133" ' Dec
36
18
165/.; Feb '
Dec
7
10 K
";* 9
,
-
8% Jan
Feb
6
.
19%
*12%
1
S
U
9
29% Feb '26 '
103% July
60 % Feb
38% May
?
,
"
&
$4.50
72;% Jan 21
42% Jan
19%
12%
19%
12%
28
1
U
2
Jan..
11
24
Oct
73
Dec
;' 14%
16
Feb
82
019
5
U
y
..Apr
39
Dec
40%
Oct "
46 %
May
12% Feb
71
S
23
33% Feb
Nov
10
'
A.
Feb
39%
16% Jan
92
Jan
-Feb
94
"v
U
P-
Jan
82
*81
24
*107
109
18
Sales
Feb. 27
$ per share
24%
*107
18%
Friday
Feb.26
13'/a
18% Jan
105,% Jan1 12
175
82»'a
v
23%
109
*12%
100
—
United Merch & Mfrs Inc
5
Jan
"SI
i
Thursday
$ per share
24%
17%
United Fruit Co—'———No
par
United Gas Improvement Co___
2
97
23%
*106%
18
;,»■
1
23%
107
C
Foundry
17
21% Jan
11
;
Dec
22% Feb
11
$ per share
47%
No par
United Electric Coal Cos—
United Engineering &
12
16% Jan
.
20
15% Feb
Jan
9%
89
92% Feb
5% May
35
Jan
56% Jan
27
Oct
Dec
25%
16% Feb
196 % Mar
Dec
37
•**
13
Feb
Feb
Dec
:
.
27
14
20%
Dec
13%
10
107%
..
May
171
Feb
20% Feb
Feb
23% 'Oct
12% May
86
48
$ per share
n06'/2
.
Corp„„10
Co
—.
44%
Feb.25
23 %4
100
United Dyewcod Corp commonl'/o
preferred
:
33
May
Wednesday
Feb. U
i
common___10
$3.50 convertible preferred
United Corp common——_l
2% Jan
14
—5
United-Carr Fastener Corp___No par
United Cig-Whelan Stores com—30c
4% Jan
26
Feb
Jan
Jan
31% Jan
13
10%.
95
Jan
55 V
Inc
PRICES
Tuesday
Feb.23
$ per share
cumulative preferred
100
United Biscuit CO——
—No par
United Carbon
11
53% Mar
Dec
Dec
Lines
15 Va Jan
10
Jan
Air
SALE
Monday
Feb. 21
4 y2 %
35
26
Saturday
{' ■•'r '.a'"•'par
United
Feb
V 22
5
3
48% Feb
Jan
4%
Dec
5%
65 %
^
11
LOW AND HIGH
STOCK
United Aircraft Corp common
5%
convertible preferred
18% Feb
86
22
Feb
83
Dec
Jan
12% Feb
50
''
17
15%
YORK
EXCHANGE
$ per share
75
*/"■'#■"
STOCKS
NEW
;A,
Highest
22% Feb
Sep
110
1
since Jan. 1
Lowest
the Week
$ per share
for
Shares
W
"57
Apr
75%
Feb
62% Feb 25
66
Jan
2
Wabash
17"%
RR
Jan
14% Feb
15% Jan
32% Jan
8
Waldorf
System,—;———No
23
'
13%
29%
100
Apr
Apr
36%
Dec
"
Xl7% May
T7% May
10% Dec
68%
Feb
109
.
x30
16
Feb
11
100% Jan
July
9
103%
Jan
11
22
Jan
11
10%
Jan "2
Jan
19% Feb
13%
Feb
8% Feb
19%
Dec
24%
Feb
11% Jan
22
106 % Mar
Dec
May
84% Feb
26
18%
Feb
10% Feb
10
36%
Nov
25% Feb
5
20% Feb
'12
"21
10
1
T9%
Dec
Jan
Jan
preferred
common;
13% Jan
Warner
Warren Foundry &
Pipe—
Warren Petroleum
25% Jan
Bros
Dec
1
22% Feb
25
17% Feb
Washington
16
19
Jan
10
Feb
18
Feb
10
No par
*20V'8
2
25% Feb
14
30% Jan
2
41
Feb
■
;//
.*11%
101 %
/
11%
86
11%
■-//"/";" '■■■;".
No par
*26%
com—3
22%
No par
*22%
22%
5
*17%
18
Wayne
Knitting Mills—
Wayne Pump CO
*18
—5
1
■■■;
26%
CLOSED
5%
Dec
12% 'Jan
5
Feb
10
37%
6% Jan
Jan
52%
Nov
39
Feb
11
48% Jan
5
90
Feb
80% Feb
13
86% Jan;
2
34%
Jan
19% Feb
27'
24% Jan
9
"83% May
■21% May
13% Feb
J105
Dec
103%
Dec
105
114% Jan;
Jan
112%
Jan
.106%
Dec
32% May
,)■
'105
Dec
"
•26%
/
17
38% Feb
14
25
105% Jan
12
'6% Jan
2
29
34% Feb
14
8% Jan
44% Jan
10
8% Feb
27
11% Jan
10
44
Jan
5
24% Feb
26
35% Jan
10
Feb
28% Feb
11
32'
Jan
28
68% Feb
27
72% J an
15
Sep
18% Feb
11
20% Jan
5
38 y4
Oct
32% Feb
13
37% Jan
8
31
Dec
25% Feb
11
Dec
105
Aug
85% Feb
11
94%
84
Jan
Dec
10
106% July
91% Feb
11
30
Nov
98% Jan
9
32% Jan
2
26
May
88
55
Jan
43%
29% Feb
Dec
16
30% Jan
5
34% Feb
7
43% Jan
2
85
Jan
5
:62% Mar
76
90% Jan
28
Dec
80
Jan
-31-
5
90
53%
Oct
38
Feb
5
101'/a Mar
47% Jan
84
82%
90
Dec
102% July
May
Dec
84
July
29% May
5% May
Jan
,
Feb
26
92
34
26% May
.19% May
9 % May
Feb
23
Feb
20
Feb
19
Feb
11
9% Feb
27
7
27% Jan
29%
17%
Feb
90
Feb
34
Feb
12%
For footnotes
90
27% Feb
Dec
see
page
Feb
9
24.
Feb
5
com,
Indies
Sugar C0rp,,,_
•■■■.■
No par
:
1
20%
20%
14%
.
6%
105
■■■
100
:
100
West Penn Power 4%%
pfd__—,100
West Va Pulp & Paper com__No
107 7/a
6
Jan
12% Jan
Feb
RR
series
com
A
.
6
26
28% Jan
15
11
12% Feb
25
-■••26%.
No par
—
/
*28%
100
*67%
Western Union Teleg class A_No
par
*18%
Westinghouse Air Brake—No par
Westinghouse Electric com,
12%
3%%
3.80%
cum
pfd
cum
pfd
series
A
series
Weston Elec Instrument
Westvaco Chlorine Prod—
Common
conv
Prior
Wilcox
preference
Co
No par
No par
*
*£'8%
*94
" *29%
"
No par
-
No par
20
25%
'
-/■
■
23%
24%
24%
18,700
•"
*22%
23%
*22%
23 Va
500
' -
xl7%
17%
17%
17%
*18
18%
*17'A
18%
*26%
27
26%
26%
/„/ *18% ••'19/";"
*26%
5%
*5
;
'
5%
5
5
"" //
-"5
41%
41%
40%
41
83
83
83
83
20%
/'■.
20%
20%
14%
14
*104
106'%
115
20
"
14%
106%
/
115
105
"115
./"■/
14%
' 105
115%
104%' 104%
104%' 104 y2
107% 107%"
107%"
'
'
39
39%"
100%'100% *
39%
7%
7%
7.'A
351/4
35%
27
30
■
33%
89%
"•-■■"
■
95%
34
89
-
8%
8%
19
8%
-
35%
35%
87
.
88
90
29
69%
68%
68%
18%
18%
34%
33%
34
26
26'A
87%
87
88%
96
96
30%
30%'
*29 V2
35
*34%
19%
33%
34
26
26%
•
94%
*29%
30%
'35
351/4"
34%
*87'A
89
95%
38%
87%
24y2
86
,
33%
•
4,200
16,400
140
95%
•
600
30%
200
35%
7ft0
87
87%
220
90
39%
40
38
38%
84
84% ""
84
84
*23
24
87
"
*85
"40
86
300
3,300
90
"
*84i/8
900
"
87
88
'90
38%
'87
1,100
90
88
•
39
2,000
26
'29%
29
*85
,,
8%
24%
26%
94%
30
400
2,500
27
18%
,
160
7%
*68%
•69%
170
600
35%
*25%
29
;
.
Va
87
.
■
J;
7'A
.35
33%
26
■
95%
*85
.
8%
107
'
30
85
69%
18%
26%
88*%
*'941/4
30%
" /:
18%
25%
26 Va
8%
106 34
391/4
36%
*101
20
40
""". 90
101'A
35%
29%
105%
101
35%
27
"''■/ 105%
*39
71/4
8%
6,000
115 ;."•■/
39%
7%
29%
5,400
14%
102'A
101%
27%
260
106
115
:
1,200
20'A
19%
141/8
*104
•
700
40%
83%
■
-
106%
391/4
20%
,14%
600
200
5
40%
82%
"
'
•
"
100
2,100
210
23%
23%
•19%
19%
19%
*10%
19%
19%
19%
10%
19%
10%
10%
10%
10%
*10
IOV4
9%
*90
91%
*90
91%
*90
91%
*27%
28%
27'A
27'A
*26%
27%
100
12%
10%
11%
10%
10%
6,006
_
.
,
*231/4
*90
91%
*90
91%
*27
281/4
*27
28%
11%
11%
5
27 '
23
82%
lt'%
500
17%
8%
18%
/
24%
41
69%
;■
22%
82%
*68
30
10,900
22%
29"
69%
700
'
22%
/•
27%
/
11%
85
*17%
,
.-
20
;.
11%
*84
-19'4
1
1
25%
35%
88
*23
*26
*7%
"'/
35*A
*38%
*86%
26
107%
8%
85
26%
27
*38
27
*34%
26%
2,100
11%
11%
84% -
100%
'
/
10%
107%
35%
*87
.
-ii%
.19%
"
1,500
9
11%
18
5'
60
20%
8%
11
"
'
•
:_100
20
9%
84%
105%
"
102
85
No par
preference
Oil
26
>
20%
9
*
*100'/2
11%. "
/"/""•"v-; *104%
100%
30
101% 7
20%
9'/a
115%
34
1
•
TOO
12.50
$3.75
preferred/,,—r
Wheeling & L Erie Ry com
Wheeling Steel Corp com
$4
34
100
B
$5 conv prior pref
White Dental Mfg (The S
S)
White Motor Co
White Sewing Machine
com
23% Jan
90
Pacific
Preferred
11%
:
101
11%"* *
23%
/■/".■
1
8%
100
Western
■v..
"22%
20%
107%
35%
9%
14
7%
■"
102%
20%
*104
40
100%
1
>■,.
■/.■■•"':
105%
*38
par
4 % %
preferred—,
100
Western Air Lines Inc—
1
Western Auto Supply Co.
,10
Western Maryland Ry
com——100
4% non-cum 2nd pfd
:
". /■ ■.:•/
14%
115%
*1041/2
100
1,000
41
'■
105
*115
.
*
preferred,;,—
-
82%
—
f.
5'A
411/4
*80%
Penn Elec Co (The) ,_No
par
Class A ,,,———/—
No par
preferhed-;-.l_'—
*4%
*40%
par
preferred-,,,;—;,,No
—
26%
27% May
-22% May
1
6
Dec
90
May"
110% Jan
Mar
42'A
West
1%
Dec
32%
Dec
conv
West
Jan
9%
$4
19
100% Feb
'
Dec
€5
11
Jan
Oct
,75%
May
.9% May
9
17
Webster Tobacco Inc
Wesson Oil & Snowdr
108% Jan 20
117% Jari J3
108% Jan 23
Jan
10%
A
5
2
Jan
113
5% May
38% May
21
105% Feb
116% Aug
47*
Feb
104% Jan
'
,
13
117 % Mar
121%
'112% Nov
:
200
14%
31 Va
85
22%
*26%/
'
64
*30'/2
27%
^lS'/s
:
*61
*14%
31'A
ir»/a
17%
EXCHANGE
-~
-14%
*101%
/
22%
•/
STOCK
19
*26%
•
64
14%
*30%
20%
86
*26%.
23
,
11%
v"l l
27%
*61
15
.31
11%
*85
11%
62%""
30%
20%
;"9:
9
%
*14%
,,
"01%
20%
11%
*85
30%
-
9Va
62
.
15%
30%
;
■
20%
*9
63
*14%
■■:.//'■■
102%
Waukesha Motor Co_„
21% Jan
5
63
15%
*101 %
5
Corp new
Gas Light Co
Feb
65
30%
100
Pictures—
23%
/ 20% Jan
*62%
*14%
*30%
"
—par
Ward Baking CO common;/
;1
5% % preferred———;.
—100
32
Jan
100
par
;No par
Walworth Co
26%
Sep
;
4% preferred—;;"—!
Walker (Hiram) G & W_
Jan
'
30
91
29
Co
27
17% May
"20
" 12
22
Walgreen
4%%
10%
10%
10%
24%
*23'A
191/4
24%
100
19%
2,300
10
2,100
23
A
&
COMMERCIAL
THE
(960)
Range
Lowest
Highest ';
since Jan. 1
$ per share
$ per
13%
Feb
Feb
20
64%
Oct
51% Feb
25
58
Oct
12% Feb
11
share
7
9
Jan
29
21
99
Jan
82% Feb
19
88 % Jan
21
16
20
Nov
16
Feb
21
19
Jan
8
Jun
15%
15
Feb
Dec
Jan
Feb
17% Jan
13
28
5
35
Dec
11
68%
Feb
52% Feb
20
Dec
94%
Apr
78% Jan
83
Dec
Feb
81
May
Feb
53
100
53
Dec
80
62
Nov
»:
16
5
4
Prior
89
8
•Prior
Jan
series
4%%
pfd
conv
5
64% Jan
19
Wright
27
67% Jan
13
(Del)
Wyandotte Worsted Co
15
10% Jan
8V4 Feb 27
Feb
Aeronautical
Wrigley (Wm) Jr
13%
83%
16%
16%
15%
16 %
15%
29%
73%
53%
*51%"
53%
131/8
13%
13%
13 %
*823/a
83%
*82 5%
83"%
'■
163/4
16 3/4
*16%
163/4
900
16%
16%
16%
15%
161%
8,100
*132%
30%
137
V
*132Vi
30%
443/4
137
*132%
137
30
30 3%
•
44%
447%
1,000
7,900
44%
M 44%
53%
54
55%
X55%
55Vi
*55
55%
80
80
*77%
81
*82
80
85
83
84%
*81%
84%
813%
83
8P/4
*77%
*82
*80
82
*58
61
STOCK
*59%
61
58
58%
*57
60
' *62%
64
EXCHANGE
53%
44
44
8%
i
61
*58
44%
.
62%
62%
62%
62%
62%
603/4
8%
27%
1,200
54 7%
54
62%
8%
8%
83/4
8%
83/4
8%
27%
'27%
283%
29%
293/4
11%
11
11%
10%
40
39%
39V2
*38 Vi
CLOSED
8%
27%
"!
_J'
„
293/4
45
.291/4
.
81.%
43%
7
:X
,
/
f,
16 3A
*79
No par
100
Beries—10o
No par
No par
300
3,100
83%
16
30
30
29%
8,000
7
7%
*51%
16%
V
139
-♦132%
139
Shares
7%
*82%
16%
share
7%
$ per
133%
'
for
the Week
Feb. 27
Feb.26
51%
7%
51%
13%
15%
*132%
10
(Del)
P & M
pfd 4%%
7%
51%
83%
10
Co
(F W)
Worthington
7%
*51%
Sales
Friday
Thursday
$ per share
$ per share
-
13%
16
10
common
(new)
Jan
58
Feb
18%
May
Woolworth
15
64% Jan
Co
PRICES
Wednesday
.
13%
*82%
100
Co
Pwr
Iron
.V
Feb. 25
t per share,,
7%
*82%
_10
preferred
7
54
13%
No par
Co
El
$ per share
7%
No par
60% Feb
70 % Mar
8
6%
Woodward
81% Feb
5-
Feb
2
Feb.,24
*51
No par
SALE
HIGH
AND
Tuesday
Feb. 23
t per share
1
com
com
preferred
Wisconsin
13
xl38
47% Jan
43% Feb
May
75
43
48 %
$4.25
Wilson-Jones
9
Jan
33 % Jan
10
xl38
19
Oct
31%
Nov
145% May
Dec
135
Motors
$4.50 conv pfd series A
Wilson & Co Inc
10% May
88% Dec
17
LOW
Monday
Saturday
Par
Willys-Overland
9% Jan
16 % Jan
Monday, March 1, 1948
Feb. 21
STOCK
EXCHANGE
$ per share
6% May
Sep
YORK
NEW
v
Highest
;
I per share
51%
CHRONICLE
STOCKS
M/..'./
Year 194?
Lowest
FINANCIAL
STOCK RECORD
NEW YORK
Range for Previous
wiM.JV^tKartft"^ w
r.-tw^^»u*Moii,\a<4»«j-^««-«*B»u»HitM(v..Ku«j^v>»«A»M'»'>?.»A.'«fl't,fli*/^Miaji<»«.v<y-A«( VA* »UUJ,« WK
sww^wmiwsww*
M&M«wi^i*imttWi^^
'
20
,
62
50
20
700
■
700
8%
Y
33% Aug
10 % May
45
Jan
27% Feb
21
34 % Jan
Yale
16%
Feb
10% Feb
27
13 % Jan
York
&
37%
50% Mar
39 % Feb
11
43% Jan
23%
15% Feb
21
21
Towne
Coro
25
Mfg Co
1
common
14% May
53% May
83
Oct
65 % Feb
27
79% Jan
15
21%
Feb
15% Feb
10
18% Jan
50
No par
Youngstown Sheet & Tube—No par
Youngstown Steel Door
No par
July
19% Feb
11
23"% Feb
Zenith
Radio
Jan
5% Feb
25
6% Jan
Zonite
Products
Dec
May
14% May
5% Jun
♦Bid
25
Oct
10%
and
asked prices;
no
sales on this
4%%
preferred
cum
Corp
day.^ fin receivership, a Deferred delivery,
17%
*16%
16%
1,400
683%
65%
66%
5.300
*15%
15%
500
16
16
16%
68%
68%
68%
>15%
16
*153/4
16
16
16
;
X153/4
16
19%
20
20
203%
20%
*193/4
20%
5%
5%
5%
5%
20
Special
s
stock. . rCash sale.
n New
5%
5%
sales,
wd When
distributed,
x
<
Ex-dividends,
x
100
16 •%
16
67%
■
2,100
40
673%
16
5%
1,100
10%
10%
*38
68
*5%
29
29
10%
40
15%
No par
1
Corp
11 %
*39%
40
67%
Young Spring & Wire
J$n
27%
11%
11%
>39%
19%
1,000
20
53/4
5%
v.. :
1,900
Ex-rights.
y
Transactions at the New York Stock Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Railroad
Stocks,
Number
Bonds
United States
-
Bond
Bonds
Bonds
Stocks
Total
Government
Sales
Week Ended Feb. 27,1948
Tuesday
Wednesday
Thursday
Friday
302,000
623,020
709,580
3,004 000
$17,000
214,000
2,685,000
3,751,000
3,026,600
641,096
12,000
760,400
3,427,000
293,000
30,000
$13,524,600
$1,373,000
$59,000
$14,961,600
Bonds
1947
1948
1947
$201,000
12,720,200
15,919,500
164,746,600
$17,107,500
$179,802,800
$205;4?#,700
Bond Record
,.A
4
defaulted bonds.
106.6
Feb
Treasury 3 %s
Dec
108.21
Feb
101.8
July
Feb
102.6
106.13 July
106.13 July
WEEKLY
-
Treasury 2%s_
Dec
114.8
May
;
104.12
Feb
Feb
104.12
102.22 Feb
101.11 Jan
2
7
102.22 Feb
101.11 Jan
YEARLY
-
disregaided in the week's range, unless they are the only transactions
No account is taken of such sales in computing the range .or the year.
bonds mature.
one or mere
•
82d of a point.
2
7
.
103.28
*105.24
105.28
*105.25
105.29
107.24
*107.24
107.28
*107.28
108
100.30
*100.28
100.30
102.23
1949-1953
*102.21
102.25
*102.19
*102.19
103.20
*103.16
103.20
*103.16
103.20
103.22
103.20
*103.18
*103.16
*103.16
1950-1952
103.7
*103.5
*103.6
103.8
103.8
*103.5
103.8
*103.6
103.7
1952-1954
103.4
*103.3
103.6
*103.7
103.9
103.8
*103.2
*103.4
*103.6
103.5
——1956-1958
101.10
*101.8
101.10
*101.8
101.10
*101.8
*101
101.2
*101
101.2
100.26
*100.24
100.26
Treasury 2%s
Treasury 2%s
Treasury 2Vis
Treasury 2 %s
Treasury 2%s:
Treasury 2%s
Treasury 2Vis
■,
i
Treasury 2%s
-Sep
Treasury 2Vis
-
♦101.8
101.10
*101
101.2
*101
101.2
*101
101.2
*100.24
100.26
*100.24
100.26
*100.24
101.12
102.4
Dec
102.6
May
July
102.23
102.25
Apr
102.30
Apr
103.1
*100.24
100.26
100.26
*100.24
100.26
STOCK
*100.24
100.26
100.26
*100.24
*100 24
1964-1969
*100.24
100.26
*100 24
100.26
*100.24
100.26
EXCHANGE
*100.24
100.26
100.26
*100.24
100.18
100.18
100.18
*100.16
*100 16
1966-1971
*100.16
100.18
*700.16
CLOSED
*100.16
*100.8
100.10
*100 8
100.10
*100.8
100.10
*100.8
100.10
*101.6
101.8
*101.9
101.11
*100.8
100.10
1967-1972
*100.8
100.10
1967-1972
*101.7
1956-1959
101.6
*101 5—101.7
*100.8
100.10
*100 8
100.10
*100.8
100.10
*103.15
103.19
*103 15
103.19
*103.15
103.19
*103.15
103.19
*102 4
*102.5
102.7
*102.5
102.7
102.6
102.6
102.6
*102.4
*102.4
*104
104.8
104.8
*104.6
104.10
*104.8
104.12
104.14
*104
*101.14
101.16
*101 .14
*101.16
101.18
*101.18
101.20
101.19
101.16
♦101.17
•
*101.4
100.10
103.£l
*104.6
1952-1955
101.9
*100.8
.1951-1953
-
*100
100.2
*100
100.2
*100
100.2
*100
100.2
*100
100.2
*100
100.2
1959 •1962
♦100
♦100
♦100.1
101.23 Dec
102.28 July
100.30
Apr
100.26 Oct
1948 ■1950
*100.29
1949 •1951
*101.3
1949 •1951
*101.6
1949' •1951
*101.10
101.12
101.12 Jan 30
Treasury 2s
-Mar
1950 •1952
Treasury 2s
Sep
1950-1952
*101.14
101.16
101.16 Jan
20
101.16 Jan 20
Treasury 2s
1951-1953
*101.12
101.14
—1951-1955
*101.12
101.14
101.16
Treasury 2s
103.2
Jan
Treasury 2s
Jun
1952-1954
*101.8
101.10
103.4
July
Treasury 2s
Dec
1952-1954
*101.5
101.7
1953-1955
-*103.6
1948
*100.7
100.9
1950
*100.13
100.15
101.2
Jan
Treasury 2s
Treasury l%s
101.8
Apr
Treasury l%s
International Bank
Dec
102.00 July
94.10 Jan
15
96.20 Feb
10-year 2%s
95
Deo
103.4
94.14 Jan
15
96.24 Feb
25-year 3s_
July
•Bid and asked pries.
No salsa traasastad this day.
100.30
*100.28
100.30
101.4
*101.2
101.4
*101.2
101.4
*101.2
101.4
,101.6
*101.4
101.6
*101.4
101.6
*101.4
101.6
101.10
*101.8
101.10
*101.8
101.10
*101.13
101.15
*101.13
101.15
101.10
*101.8
101.14
*101.12
101.14
*101 .12
101.14
*101.12
101.14
101.15
*101.13
101.15
*101 12
101.14
*101.12
101.14
*101.13
101.15
*101.13
101.15
*101.12
101.14
*101.12
101.14
*101.13
*101 .12
101.14
*101.12
101.14
*101 .8
101.10
*101.8
101.10
*101.8
101.10
*101.9
101.11
101.6
*101.5
101.7
*101.6
101.8
*101 .4
*103
103.8
*103
103.8
*103.4
103.8
*1.03.6
103.10
*100 .6
103.14
101.6
*101.4
100.8
*100.6
100.8
*100.6
100.8
*100.6
100.8
*100.14
100.16
*100.14
100.16
*100 12-100.14
*100.12
100.14
for
Reconstruction & Development
95
*100.28
*101.12
30
-
100.30
*101.8
101.12 Jan
♦101.14
*100.28
*101.4
101.8
-Dec
10(L 30
*101.2
101.5
.Sep
*100
*100
*100
*100.28
100~31
-Jun
..
100.2
*100
-Dec
Treasury 2s
Treasury 2s
100.2
*100
100.2
1948' •1950
*100
100.2
1959 •1962
-Mar
([Treasury 2s
-Jun
-Dec
i,
Treasury 2%s
100.18
*103.17
1967-1972
-Dec
—
Apr
-
101.10
1965-1970
Treasury 2 %s
Apr
101.20 Dec
107.30
-Dec
Treasury 2%s.
Treasury 2 %s
Apr
*107.26
100.26
Treasury 2s
102.12
107.28
*100.24
Treasury 2s_—_
Apr
*103.6
*101.8
Treasury 2%s__— ——1954-1956
102.13
*107.22
1964-1969
Treasury 2%s
9
107.26
_Jun
Treasury 2 %s_—
11
*107.18
1963-1968
100.10 JanlO
Feb
107.28
1962-1967
Jun
Jan
108
102.23
Apr
100.2
*107.28
*100.28
105.17
100.5
107.28
*102.19
103.19
9
*107.24
100.30
Dec
11
107.28
102.23
Jun
Jan
*107.20
*100.28
100.7
Feb
107.28
*102.19
105.17
100.5
108.2
*107.20
100.30
_Jun
100.2
104.28
102.23
12
100.13 Nov
*107.30
*107.20
103.20
102.24 May
107.30
*100.28
Dec
102.24 May
*107.28
100.31
101
Dec
107.24
108.4
Treasury 2%s
Treasury 2Vis
Sep
*107.16
108.4
104.15
Nov
*104.24
107.24
*100.29
Dec
102.6
104.28
*107.16
*107.28
101.24
100
*104.24
108
*107.28
Treasury 2%s
100.13
104.26
104.28
104.28
*104.22
*104.24
*104.24
*107.24
1958-1963
100.23 Jan 28
_
*100
*100.2
*100
*100
*100
-1960-1965
Treasury 2%s
1948
Treasury 2%s___. .Mil,
Jan
Sep
Sales for
the Week
Bonds (9)
103.28
*103.24
105.27
104.10 May
105.18
*103.24
High
103.28
104.4
Dec
Low
*107.16
Deo
101.7
High
*103.24
Dec
6
Feb. 27
Feb. 26
*105.23
101.24
Jan
Friday
Thursday
Low
High
107.24
101.26
100.8
Low
PRICES
103.28
100.25
100.10 Jan
High
SALE
Feb.25
105.27
Apr
12
High
Low
HIGH
Wednesday
*107.16
104.18
Apr
High
,
AND
Feb. 24
*103.26
Dec
100.23 Jan 28
Low
M
*105.23
101.27
Jan"~7
Feb. 23
Feb. 21
108
104.23
Feb
Tuesday
Monday
Saturday
of
,U-''
*107.24
Sep
100.10 Jan
$10,329,000
103.30
104.14
Apr
$10,903,000
105.29
104.24 July
100.25
$884,000
*103.26
104.24 July
Jan~7
M 92,000
*105.25
Treasury 2%s<
•
May
1,170.000
338,000
$840,000
which they occur.
Low
Treasury 2%s__
108.16
114.8
$9,067,000
"1,430.000
.1951-1955
1955-1960
—1948-1951
1951-1954
1956-1959
.
Treasury 2%s
fTreasury 2%s
Feb
108.16
Dec
$9,135,000
90.000
Ml,000
...1949-1952
Treasury 3s
112.6
$783,000
26,000
Cash and deferred delivery sales are
EXCHANGE
Sep
106.4
Sep
17,426,706
$697,000
117,000
LOW
111.23
8,646,216
;■
Total
indicate in each case the month when the
104.25
•
1947
1,410,065
••-
GOVERNMENT BONDS
NEW YORK STOCK
Range Since January l
Lowest
Highest
Jan. 1 to Feb. 27
1948
1947
782,285
Foreign corporate
weekly range are shown in a footnote in the week in
Range for Previous
Highest
147,000
$840,000
Foreign government
Figures after decimal point represent
Lowest
5,000
$26,000
New York Stock Exchange
«»
The italic letters in the column headed "Interest Period"
Year 1947
22,000
$117,000
Domestic
FRIDAY
"and interest"—except for income and
and when outside of the regular
120,000
$697,000
Bonds
193,048,600
•
2,135.000
■
the week,
235 000
1948
12,205,100
$14,961,600
are
227,000
13,000
782,285
$224,000
$8,000
Total.
194,000
5,000
44.000
,
1,180~000
$59,000
Railroad ft Industrial
$3,000
30.000
Week Ended Feb. 27
.
1,378,000
13,524,600
Foreign
$21,000
178,000
227,859
Total.
..
International Bank
170.000
192,000
173,142
Btocks—No. of shares.
V. 6. Government
NOTICE—Prices
157,998
152.006
47,314,680
36,666,692
5,076,590
2,973,226
Stoflks—No. of shares
-
Jan. 1 to Feb. 27
Week Ended Feb. 27
1948
Holiday
Thursday
Friday
3,750,000
2,073,226
Total
Total
$37,000
$37,000
71,280
Tuesday
Wednesday
3 977.000
3,498.600
472,000
Government
Domestic
Sharest
Saturday
Monday.
Foreign
Corporate
Foreign
of
Holiday
Monday
Bonds (Par Value)
(Number
$732,000
$97,000
$635,000
233,130
Saturday
Foreign
Bonds
Shares
Week Ended Feb. 27, 1948
Int'l
Bank
-
of and MisoeL
-
96.13
1957
;
♦96
*96.1
96.24
TBelng called for redemption March II, itil at 100.
a
Odd lot transaction,
96.13
>96.6
96.15
97
1972
96.15
96.4
r
96.12
*96.4
96.24
96.12
96.12
30,000
96.4
*96.4
96.12
56.16
96.16
29.000
Registered bond transaction.
YORK
NEW
f
t
,
.
Last
Period
Stock Exchange
Sale Price
or
Friday's
Low
Range Since
Sold
January 1
No.
Low
High
BONDS
New York
lADenmark
External
1980
Corporate Stock
3%
97
Interest
10251
100%
Salvador
4s
extl
20-year extl
5%s
Bale Frlce
f
$
s
s
extl
1942
f
Foreign Securities
(Republic)
120
Italian
NY 1-1693
extl
1%
|AGtd sink fund
1947
P-l
"60
i«48
A-O
6
(King of Norway) 4s_;i__1968
I AAntioquip (Dept) coll 7s A
1948
m-s
>
AQtd
sink
6s
fund
6s_
.
58
45%
46%
39
41
J-J
•__
25
104
104
1949
-
M-l
-
7%
F-A
a-o
j.j
36%
36%
40%
36%
36 'A
92%
36%
36%
36%
36'%
40
40
37
40
fAKxternal
s
f
7s series B
.1945
j.j
I AExternal
s
f 7s series C
1945
j.j
"36%
s
f
I AExternal
-
AExternal
sec
AExternal
sec
1945
j -j
36%
36%
36%
A-0
36%
36'%
36
series__1957
A-0
series_..1957
A-O
AAntwerp
39
*36%
36
99
100%
123
90%
90%
33
87%
93
J-D
90%
90%
91
18
87%
91%
1967
J-D
88%
88%
89%
11
85
J-D
89%
90%
36
85%
•■sternal
s
■sternal
s
IA Brazil
1
6s
F-A
M-S
103
103
89
89 -:
17
103 %
>
83%
5
8s
108
107% 108
3
106 %
113
114
9
112%
59
60
2
A Bee
1978
J-D
46%
A-0
*59%
46%
46%
AExternal
s
(Ipt reduced
(Central
A-0
1957
1927
3
to
A'O
62%
45%
45% " 47
3.5%)
External
$
to
3.375%)
bonds of
3%s Series No.
1944
3
59'/a
1979
(Plan
45%
49%
61
61
47
*59
J-D
44%
44%
44%
49
47
47
47
48'A
J-D
56%
56%
56%
56%
56%
22
56'/a
55%
55%
16
55%
59
J-D
a56%
_
a 56
55%
16
%
65
60
62%
58%
58%
58%
60
60
bo
56%
57
58%
59
11
J-D
*55%
3%s Series No.
12______
J-D
56%
J-D
*57%
J-D
55
55
63
2
56 %
65
55%
40
-
56%
"56%
55%
63
60
3%t Beiies No.
J-D
J-D
*55%
54%
54%
J-D
*55%
55%
55%
58%
57'
56
54
%
57%
;
J-D
*55
63
56
*55%
56%
J-D
V
_1958
F-A
/
qq
"•
98%
6
98%
100%
100% 100%
2
100 %
104% 104%
26
104
J-J
103%
22%
21
F-A
1961
F-A
Jan
1961
J-J
Sep 1961
Sep 1961
21%
20%
A-0
A-O
M-S
22%
42
21
20%
21
21
1963
M-N
20%
J-D
_1957
J-D
1961
J-D
6%s
assented
21%
30
1961
22'A
23 %
20%
21
10
20 '/a
22%
21
;
~2
21%
20%
''
——
20%
6
20%
20%
23
22%
20'A
27
23%
22
20%
19
19
2
21
7
19
M-S
21%
21%
2
18
19%
19%
2
18
1951
J-D
*5%
ACosta
Cuba
gold
Rica
A-O
73
73
1
73
External
A
loan
external
7s_«
5s
of
73
1
73
42%
43%
41%
44
82
75
For
18
_1951
debt
footnotes
see
1949
1977
page 28.
1961
A-O
1940
A-O
1958
25
F-A
J-D
95
106
~
A-O
1
24%
15%
25
16%
15'A
15%
67
17 y8
15%
15%
59
15'A
15%
8%
19
8%
~9%
4
"i%
"9%
i
10%
12%
8%
9%
15%
15% ;
57
*40
78
80
*—
M-V
*16%
17%
7
76%
M-a
*100%
-
——
*102 Si
F-A
J-J
A-O
116
*108%
105
102 n
__
105
15
—
1
A-O
A-O
67
68
3
102
100%
__
116%
—
i960
•
17
17 y.
*8%
— —
f
s
7s_.
1947
fund
gold 8s
A-0
1968
:
8%
A-O
Va ''I/V
-f
1966
-
8%
,♦16%
8%
10%
9%
10%
y
J-J
•
—_
--
•24
_
y
10
♦33
—
„
10%
*8
•
w
—
X"
8%
27
__
♦33
reduced
to
2.25%)
(City of)
2006
8s
sec
'
'
1946
J-J
24
A-O
24
2001
A-O
F-A
F-A
21%
1946
A-O
*33
A-O
26
33
♦30%
2012
24
33
27
1953
6%s—
24
v-
♦35%
*26%
27
26%
22%
loan of
1921
21V*
.
32
27%
30
3
24
24
12
reduced
(City of)
Paulo
to
—1952
1952
8s
Stamped pursuant to Plan A
(Int reduced to 2.375%)
A6%s extl secured s f
Stamped pursuant to Plan A
•ASan
Paulo
2004
1967
24
24
.
.
J-l*
25
25
M-N
♦24
j-*
*39
1999
J-J
♦33
J-J
♦39
27 vy
water
1999
,
♦34
J-/
M-f
♦35
J-J
•31'/a
46
♦37
J-J
110
67
70
-
36
36
1968
ext! dollar loan
25
—
33%
45
2004
25%
31
39
46
'
38%
1956
loan
Stamped pursuant to Plan A
(Int reduced to 2.25%)
25
31
24
43
1
31
35%
--
38%
27
24%
33%
1
--
—
i
Stamped pursuant to Plan A
(Int reduced 2.5%)
—
35
1936
external
38%
♦29
25
M-N
25
33
26%
17
24%
*35
M-N
1957
24
25
24%
24%
A-O
2012
8s
24
34
33
♦24
M-N
2001
25
♦32
j-d
,
1950
(State)
Stamped pursuant to Plan A
(Int reduced 2.5%)
22%
32
•32
M-JF
M-N
'
2004 •
2.25%)
6%s
(City)
J-D
...
38
40
40
31%
—
3J
37
41
34
33%
35%
86
83%
84
70%
67,
71%
--
--
Stamped pursuant to Plan A
2012
(Int reduced to 2% )
s
1940
f 7s
Stamped pursuant to Plan A
(Int reduced to 3.5%)
♦33
A-O
♦
A-O
A-O
1978
-
70%
70%
'
SECURITIES
TRADING MARKETS
50
Broad St., New
York 4, N. Y.
110
106%
27%
31
i
32
110%
35
30
..
30
J-D
r-ABL MARKS 4 r.O- Inc.
105
27%
35
;
foreign securities specialists
110
30%
(State' of) —
FIRM
118
27%
30
—
101
115%
27
,,
__
54
M-N
J-D
95
85
104
'
1
79
16%
*40
1914
to
ser
*40
4'/2s__——__1949
extended
f 6s 2d
s
37
25
■«——
♦15%
J-D
FOREIGN
44
78
42%
A-O
M-N
Stamped assented (int reduced
6% )
I960
•
104
♦31
—
M-S
ser
6s
45
A-O
1947
-1946
—
92
93
85
84%
104
75
Sinking fund 5%s
—1953
Czechoslovakia (Rep of) 8s ser A-1951
ASinkina fund 8s series B
1952
to
1959
1st
*75
For Financial Institutions
73
73
1953
(Rep of)
external 7s
of)
__
v.*
8
J-J
1970
4V2S
(Republic of)
4%s
21%
Oct 1981
lASlnking fund 7s of 1927———1947
Copenhagen (City) 5s
1952
25-year
—
21
bonds
lAColombia Mtge Bank 6%s
I ASlnklng fund 7s of 1926
7s
18
M-S
Jan 1961
$
of)
J-D
22%
i960
i960
-
f
92
91
91%
102
—
20'A
20%
20%
s
*75
3
96
93%
90
...
91'A
♦66
94%
85
17
90
94%
97%
85
22%
20'A
20%
1928
25
91%
20'A
*21'/a
(Hukuang Ry) 5S
(Republic of)—
33
91
221/s
20
2
*21
A-O
external
(State
assented
IA Secured
22
20%
M-N
3s
22
19
M-N
A6a of 1927
' .1
A 6s
20%
1961
AChllean Cons Munic 7s_
A7s assented ,1
*
J-D
A7s extl
21'/4
>;
♦21
A-O
1962
29
91
2001
A 8s
^
21
*21
J-D
1961
23
20%
19
22%
20 %
20%
21%
*21%
M-N
1957
assented
A 6i of
86
(Int reduced to 2%)
23
*21%
1963
6V2S
22%
20%
20%
*21%
21
23
20%
1
21 %
22'A
AOuaranteed sink fund 6s___-__l962
Colombia
85
J-D
a Ban
.
20
13
*21%
MS
1962
22%
20%
-
21%
*21%
J-J
1961
assented
ACbinese!
85
A-O
1957
ref 3%s series B
(Rep
ARome
21%
'■
'
21
A-O
_1962
fund
*21%
A-O
AOuaranteed sink fund 6s
A6s
102
.
I960
_Feb
A6%s assented
1963
1961
.
*104% 104%
„1960
Jan
sec
(Int
104%
J-J
Feb 1961
I
Bank
15
Stamped pursuant to Plan A
(Int reduced to 2.25%)
A 7s municipal loan
Stamped pursuant to Plan A
104%
M-N
sinking fund 6s__.
Mortgage
88%
Stamped pursuant to Plan A
(Int reduced to 2%)
2012
A7s external loan of 1926
__1966
101%
104 %
,1942
f 6s
85
--
24
32
24
—
•25
J
J-J
<
s
85
F-A
24
';
101%
A-0
M-N
AKsternal sinking fund 6s
A6s assented
A6s
qq
QQ
1
98%;
J-D
_1942
A6s assented
A6%s
98%
1954
f 7s
AExtl sinking fund 6s
A6» assented--
A (Sinking
>'■'
1950
AExternal sinking fund 6s_
A Chile
98%
I960
assented
A-O
4'As
8tamped pursuant to Plan A
(Int reduced to 2^%)——1999
external sink fund gold
1968
57
1961
ARy external
A6s
*55%
Jf-8
4s
6s
1965
—
—
(Republic)—
IA 8s extl
V
♦55%
J-D
assented
3
Bio Grand* do Sul
*55 %
A6s
92 %
Stamped pursuant to Plan A
(Int reduced to 2% )—
56%
J-D
AExternal
23
92
external—
f
(Int
56%
J-D
'
AKstl sinking fund
A6a assented
94%
92
M-n
A6s
3%s Series No. 26-
38-year 3'As
;
94%
M-S
1957
.Stamped pursuant to Plan A
(Int reduced to 2.375%)
57%
A Carlsbad
,
M-S
1956
J-J
58
56
s
2008
29
•32
--
1950
■
58%
56
(City) 8s
IA Chile (Rep) External
I A7a assented
2.125%)
♦25
—
Stamped pursuant to Plan A
v
56
of)
M-S
AKxternal loan 7 %s
56%
..
J-D
(Dominion
31
1950
f 6%s
s
1963
56%
56%
'
3%s Series No. 25
Sinking fund gold 6s
24%
(Kingdom)
3%s
4%s
ABxternal
60
*54%
Cauaaa
7
39%
M-S
56%
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_1957
13%
M-S
Alegre (City of) 8s
Stamped pursuant to Plan A
*54%
J-D
(City) s 1
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13%
2008
2008
56'/«
55'/a
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J-D
J-D
Brisbane
24%
•32
--
M-S
5 b'A
J-D
3%s Series No. 30
24%
24%
9%
15
M-S
A4%s assented
57
56%
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3%a Series No. 22
„
13%
A-O
IA Rio do Janeiro
55
67%
J-D
I%f Series No. 27
6%
8
13%
1947
i.
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3Hl Series No. 29
8%
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6%
-
A Porto
.
.J-D
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u
10%
8%
6%
J-J
agree_1963
6%s
fund
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56%
55%
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I_
10%
•10
M-S
65
19
16
10%
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J-J
lAPoland (Rep of) gold 6s
A4%s assented
65
70
„
16
10%
(Int reduced to 2.375%)
60
17
8
1952
f
ANat loan extl
64%
*60
3%« Series No. 18
7%
37
16
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s
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5%
36
•6
M-N
62%
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J-D
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8
39%
16
II
1967
63
73
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34
%
Q-J
1963
1994
59
57%
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10
22
27%
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_
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;
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1945
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8
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1942,
5,
reduced to
■
A Pern
-
58 %
55%
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•
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-
1970
58%
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1942,
5,
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J-D
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28
16%
J-D
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(Int reduced to 2.125%)
A-0
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3%s Series No.
25%
26%
1958
iAPernambuco
44%
56%
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32
25%
1955
B)—
1
3%« Series No. 5—
J%a Series No. 6__
17%
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,"
31
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25%
A Stamped assented 5s
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49
60%
45%
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1978
due__1951
• ft
2
1954
Municipal Bank extl s f 5s
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45%
15
59%
A-O
1952
A_u
to
25 %
agree_1963
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21
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-
Panama
1979
375%)
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Q-J
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4s
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A78
22
25%
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1979
3.375%)
f 6 Vis of
16%
J-J
-
1945
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external
Netherlands
49%
59'/a
—
45
J-J
agree_1968
Norway (Kingdom of)
62
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(Int reduced to
(City of)
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1957
17%
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(Int reduced to 3.5%)
A ■sternal s f
6 "As of 1928
16%
M-S
1899 £—1945
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114%
59
59
1954
1942,
5,
Nov
external
uee0
108
113
23%
16%
•8
(Int
J-J
J-D
J-D
1955
external
100
•13
104%
1941
7s
of)
7%
7%
78
J-J
J-J
A Milan
89%
103
18%
7s~1957
1899.—
to Nov
Minas Geraes
1955
I
S
(U
1962
1949
8
J-J
90%
i,
99
99
18%
agree_1963
89'/a
1966
„
J-J
1
99
fATreasury 6s of 1913 assent—1933
102
99
90%
99
F-A
1957
6%
76%
18%
1943
5,
extl 5s of
Nov
to
to
AAss'td
1956
;;
2
95
95
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99
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20-year 3%s
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95
8
3
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-1951
_i
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40%
95
J-D
7
76%
6%
76%
J-J
—1977
lAAssentlng 4s of 1910
40%
37"%
38
*36%
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__1958
Australia (Commonw'lth) 5s of *25_1955
7%
1977.
3%
,
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38%
7s
5
for
7s
f A Assenting 5s of
40%
1957
2d
f 7s 3rd
s
IA Mexico
>
series D
f
s
7'%
1960
f l-3s
__1952
(Kingdom of)
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f 7s
s
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__
7%
64%
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64
85
'
6%
—I960
.
__1947
(Colombia)
65
85
60
♦104%
M-N
IA4%s assented
63
65
85
*52
95
46%
to 3 % ——1977
1%
Mexican
.
Akershus
82
63%
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s
to
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Agricultural Mtge Bank (Colombia)—
70%
40%
AExternal 7s
A Jugoslavia
,
20
Public Utility-
Credit Institute
A Italy
Foreign Govt. A Municipal
77%
*46
IA 7s series B
Teletype
Exchange
Broadway, New York
90
70%
70%
1967
Consortium
Public Works
'
78
•39
ext 6%s
Irish Free State extl s f
Wertheim & Co.
87
—1968
Helsingfors (City)
Credit
High
2
11
J-J
1964
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89
80
J-J
paid
part paid
Italian
Range Sine#
January 1
J-J
part
A6«
"
No.
88
Government—
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:
Sold
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1, 1976
Jan.l, 1976
—Jan
"
Greek
Bonds
78
A-O
—Jan 1,1976
$
f $
s
(Republic of) 7s
French Republic extl 7s
Members New York Stock
Friday's
F-A
-
1962
AEstonia
Telephone
or
Bid A Asked
j*j
.v—'^.--1955.-
gold 4%s
(Republic of)—
3%s extl
3s
6s
gold
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El
REctor 2-2300
Week's Range
Last
Period
Exchange
Low
New York City
'101 % 102
Stock
High
Transit Unification Issue—
10114
25
RECORD
Friday
Bonds
Bid A Asked
(
J-D
(961)
Week's Range
Friday
Interest
BONDS
York
BOND
CHRONICLE
FOR WEEK ENDED FEBRUARY J>7
RANGE
New
& FINANCIAL
COMMERCIAL
THE
Number 4677
Volume 167
Telephone HAnover 2-0050
Teletype NY 1-971
26
THE COMMERCIAL
(962)
NEW
& nNANC^L CipipNICLE
YORK
BOND
Last
Period
Stock Exchange/:
Sale Price
Low
Serbs Croats & Slovenes (Kingdom)—
-1962
A8s secured external
—....
A 7s
extl
J-D
.1957
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lAUruguay (Republic) extl 8s__. .1946
...
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fund
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fund
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'
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7'/4
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8%
.
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.
M-N
*117
M-N
82%
-1979
M-N
*80%
1978
J-D
4-4y4-4%s extl readjustment... .1978
3%s »xtl readjustment.
F-A
conv
81
81
91
91
2
Warsaw (City) external 7s
A4%s assented
,1958
*76
*25
*7%
,
~6%
F-A
6
16
—
Alabama
Great
Southern
_J<»48
—1952
103%
117
120
110%
110%:
j-j
110% 110%
108
111
109%
112
3'As
1967
Alabama Power 1st mtge 3'As
1972
Albany is-Susquehanna RR 4'As—1975
Alleghany is Western 1st gtd 4s—1998
Allis-Chalmers Mfg 2s debs.
1956
Amer & Foreign Pow deb 5s__;
2030
American Telephone & Telegraph Co.-—
23As debentures
..—..1980
2%s debentures
1975
2%s
debentures
23As
conv
1986
debentures
—
„
v
M-N
92
—
A-0
v
5%
7
A 1st
A-O
'
L
96
100%
85
98'A
106%
v
;
I.
.
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57
94%
58
90%
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95%
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33
92%
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83
85%
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102% 103%
3£U
1013/4
9334
38
90%
933/4
96%
97
89%
2%s
debentures
1987
J-D
96%
24
91%
2%s
conv
debentures......_____1957
3-D
108%
107% 108%
473
106 'A
109%
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102%
102% 102%
119
101
102%
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101%
101% 102%
81
100%
Stamped
Q-J
A-O
July 1.1995
Atlanta is Charlotte Air Line Ry—
1st mortgage 3%s
1963
Atlantic. Coast 1st
4s
cons
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mtge
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conv
inc
103
103
mtge
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ser
B
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103
68
103%
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14
100
1948
J -J
1
25
J-J
1
15%
5
27
16% 16%
98%. 98%
85
26
Ref
4s
A-0
60%
82
m-s
59
58%
M-S
58'%
58%
due Dec
8'6
\ 1993
A
1980
ser
D
—1985
1951
4s
stamped
1951
Beech Creek Extension 1st 3'As___1951
Bell Telephone of Pa 5s series C—1960
Beneficial Indus Loan 2'As debs
,1961
J-D
69
69%
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147
58%
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mtge
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60
57%
34
57
70
11
102% 103
j-j
; *89
J-J
104'%
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90
104%
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71%
444
75%
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1994
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__
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D
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80
78
88'%
78
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M-S.
1975
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.1966
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.,1961
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.1974
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1969
105
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•
102%
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14
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102
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,
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1962
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v
98
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98
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78
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97
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59%
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85
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•
J-J
,1990
82
__
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:
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1993
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78
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is
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89
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—
96%
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;■.: 17
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98
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74
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1955
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1961
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__
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1982
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1972
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77
32
50
55%
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:1965
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81
54
25
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__
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__
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93
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20
,
91%
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98
1957
1952
1955
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93
1
■■■
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—
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9
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95
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19
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v
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,
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'
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1976
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1974
M-N
1962
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99
99
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1969
J-J
104%
_
Carolina CUnchfield is Ohio 4s
1965
Carthage is Adirondack Ry—
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97%
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111%
debs
2
106%
4s
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91
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100
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57
-
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::
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1973
1993
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83
54
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.
60
.
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1971
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58
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1
102
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59
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102
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99
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'
1993
——2011
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1993
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1966
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1970
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66
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66
%
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)
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& ref
ref
Detroit & Mackinac 1st lien
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ASecond
37%
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111
37%
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—...——
Detroit Term & Tunnel 41961
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Dow Chemical 2*35s debs
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37
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30
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33
33
*17
A-0
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—1987
64
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1987
20
.59
63/4
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1987
80
84%
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'
J-J
83
82
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75
Apr
55%
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212
69
69
Denver
99%
1%
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1987
—
~
J-J
66'%
6
701/8
"63
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...1959
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;
1977
—
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1%' contingent int)_.
AIncome
1959
J A Central of N J gen gold 5s
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mtge due ...
Morris & Essex division
112%
110%
; 96
5
100% 100%
2%s
& Co
is Western div
1st & ref M ,5s ser C
1093/4
13
F-A
AChatt Div pur money gold 4s._1951
IA Mobile Div 1st gold 5s_
1946
Central Illinois Light 3'As__
__1966
36%
11
J-D
109%
108%
16
A-0
1945
108%
1
110% 111%
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Nov 1945
7
107
1948
B
108% 109%
111% 111%
1965
SAConsol gold 5s
37'%
35'%
5
'
N Y Lack
113%
M-S
—I960
gold 4s
35'/s
34%
98%
A-0
105
111%
5
F-A
1981
Celotex Corp 3'/4s debs
111%
83
32%
16
J
—.—1965
Delaware & Hudson 4s extended—1963
Delaware; Lack. & West RR Cos—
*
100%
109% 109 %
108%
F-A
J-D
81
D
103%
99'/a
111% 111%
A-O
1970
gold 43/4s
,1955
Guaranteed gold 4%s
1956
Guaranteed gold 4%s__,
.1951
Can Pac Ry 4% deb stk
perpetual-_
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104
40%
37%
—
105%
99
100
54'%
3
v
96
A Income
—.1957
JCentral of Georgia Ry—
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99'%
*__
92% .'%
8
•' •-'■''L
33%
98
/
52%
■
39%
J-J
-
54
81
•
81
J-J
1952
100%
98
86
"
97%
M-N
J D
-
gold——
receipts _—__—
99% 100%
99%
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/
64%
',
88%
105
A6s set B
Deere
Elec Power 1st 3s
Calif Oregon Power 3V8S____
Canada Southern cons gtd 5s A
Canadian National Ry—
98
102%
101%
*102% 103
--
Dayton Pr & Lt 1st mtge 2%s
1975
Dayton Union Ry 3'/4s series B—1965
California
107 '/4
103
94%
-J-D
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%
M-N
__
98
96'/4
96%
M-S
1st 5'/2s..—.1942
Ry
receipts
ACuba RR 1st 5s
93%
23
-
/
103 %
__
J-D
Continental
■
1
*_.
101%
106%
17
102% 103 %
•—
53%
F- A
102%
A-0
-
1st &; ref mtge
79'/4
2
V* 106%
York—
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' 93%
25%
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F-A
105
106% 106%
1961
33/4s
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101'/4
-
54%
101%
*101
1977
1951
r
& ref 4%s
Pwr "s
Consolidated Edrson of New
at
Bosh Term Bldgs 5s gtd
99%
F-A
-
5s
102%
98%
1955
1st it ref mtge 2%s ser B
Buffalo Rochester is Pgh Ry—
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3% to May 1 1947) due
Bush Terminal 1st 4s
100 %
10
98%
98%
A-0
mtge 3s series L
Conn Ry>& L 1st
96%
96
10
93%
Bklyn Union El 1st gold 5s
1950
.Bklyn Union Gas 4s debentures
1969
Gen mtge 2%s
1976
Buffalo, Niagara El 1st mtge. 23/4s„1975
16
98%
a
Commonwealth Edison Co—
91
119
120% 120%
98 y4
..I960
106%
98%
M-S
Ohio
1st
120%
93%
.July 1970
105%
51
.
VV
6
92
A-0
98
7s-.______._l954
97
96
106'%
M-N
debs_—1971
gold 4s__1948
1st extl
Columbus
83%
89
11
90
J-J
90%
98
ser A
98 7
...
96
102 '/8 102'/2
102%
A-O
A-0
1980
3%s
Elec
Columbus 8s H V
93%
mtge 5s series II__
1st mtge 4%s series
1st mtge 4s series RR
106
1.
Colorado & Southern Ry—
J-J
96
A-0
1972
1973
1977
5%s series A..—
*101 %
A-O
1st
*101
F-A
L1950
gtd 4%s
,.1961
Cleveland Union. Terminals Co—
1st mtge
1st mtge
104'%
M-N
1948
Li
gtd
Line
J-J
.1982
1st mortgage- 3s__.
•
Cleveland & Pittsburgh RR—
Series C 3%s gtd
1
M-S
AGeneral
103
101 'A
117
103% 104%
*100'/4 101%
83
M-N
1st
89%
89
J-D
83
1976
A Cent Branch U P
■
96
J-D
Consolidated
1st
•
44%
99%
39
/
,.1951
5s
L.J
M-N
1967
Consolidated
102%
J-D
4^a "51%
J
Co
'
'
j-j
!l951
67%*, 72%
196
47%' 48%
mtge 5s series AC
Ainc mtge 4'As
58
39%
88 V*
52
—
65%
Cleveland Elec Ilium 3s
62%
J-J
ABreda (Ernesto)
44'%
'59%
621/4
59%
1970
ser
44
*89
,181
Boston is Maine RR—
1st
44
61
St L Div
623/4
59%
Bethlehem Steel
Cons
'54 Va
59%
Columbus is Tol 1st extl 4s_
4s
mtge
28
1st mtge 2%s" ser G.
Bangor is Aroostook RR—
Cons
57
City Ice is Fuel. 2%s debs
City Investing Co 4s debs
90%
Ya
S'western div 1st mtge 5 % ser A
(3Yg-% fxd & l'A % cont int)
1980
Cincinnati division
ref
56%
60
87%
28
61%
./..Feb 12010
1st lien & ref M 4s
57
Apr
v
Toledo
Con
67
j-j
Cincinnati
98%
97%
13
88% .89%
due Mar 12000
series
90
55%
70
Cieve Cin Chic is St Louis Ry—
GenereJ gold 4s
86
60%
J
79
178
fixed
Ref is gen mtge 6%
(2%% fixed •
and 3%% contingent interest) —
Series
7
67
57%
Ref
due Mar 11996
A4'As conv income
81
64%
65%
Cine Gas ,8s Elec
21
27
J-D
Pgh Lake Erie & West
80%
66%
53'%
30%
11948
due Dec 11995
M
81
j-j
35
1st & ref
102%
int)_July 1975
K
Series
j-j
120
1st &? ref
104%
100 % 101%
Bet & gen mtge 5%
(2% fixed
and 3% contingent interest 1 —
Series G_
115
56
Cin Wab
contingent
73
111
2
111
53%
Baltimore is Ohio RR—
1st
111
Memphis Divf 1st gold 4s_—
.1951
Chic Ter.re' Haute is S'eastern Ry—,
V
101
103% 104%
A-0
M-N
55
107%
100 %
July 1975
41%
71%
—
Apr
,
4s ser A
75
67%
General
mtge
*72%
.
65%
B
1st
1.
—
'
66%
1st mtge 2%s ser G__
1963
Chic & Wesfa Indiana Conv 4s...J1952
103%
98%
93%
35
38
39
Apr
Income, 2%-4y*s__!.
M-S
J-J
38%
Chicago Union Station—
J-D
.1966
,91
—
Jan 12044
118%
1063/a
*107% 111%
,
97
93
3
/
A__Jaii 1 2019
ser
B_
ser
81
1153%
29
118% 118%
M -N
ser
Gold 3%s
1964
July 1952
General unified 4'As A
Atlantic & Danville Ry 1st 4s
Second mortgage 4s
Atlantic Refining 2%s debs
4%s inc
Chicago St L is. New Orleans
Nov
4s
39
j-j
A
ser
100.
98%
118%
.23
97
94
j-j
97
80
80%
A-0
M-N
2003
1st
1995
....1985
A_._Jan
is Santa Fe—
July l 1995
j-j
1983
IO2V2
Adjustment gold 4s_
97
:*90
.
.i
r04'/4
93
93%
Atchison Topeka
General 4s
-
....1997
.
95%
103%
—.1969
110% 111 %
97
■'
1st mtge 3s ser B___
,1989
Chicago Rock Island & Pacific Ry—
1st mtge 4s series A
__1_____'_1994
Gen mtge conv 4%s sfer A..Jan 2019
943/8
—1968
111%
;'"-
Chicago is North Western Ry—
2nd m,tge conv inc 4%s ..Jan 1.1999
103%
93
July 1095
inc
Gen
98%
'92%
__
J-D
Arbor 1st gold 4s__.
A P W Products Co 5s
F-4
—
93
90 %
F-A
/Jan
100
A-O
Ann
mtge 4s
4%s
97
96
104%
99
100
F-A
J -J
F-A
1970
Chicago Ind is Sou 50-year 4s____1956
Chic Milw St, Paul & Pac
RR—
1st mtge 4s ser A____'______
1994
28
100 3/8
20
"97'/4
...
M-3
21
*_.
__
M-S
25
1
104'A
.*._
...
1977
..1985
Chicago & Erie 1st gold §s
1982
Chicago Gt West 1st 4s series A....1983
AGen mo mtge 4%s
Jan 1.2038
Chicago Ind & Louisville Ry—*
—
106 'A 106 >4
104
__
J-J
B
__
25
25
__
series
1
90
198?
1962
4%s
mtge 3'/2s____L
mtge inc cohv 5s
1st mtge 3%s ser B__
1961
Amer Tobacco Co deb 3s
3s debentures...
ref
ref
AGen
debentures
2%s
is
&
A2d mtge
M-S
A-0
104
*._
RAILROAD AND INDUSTRIAL COMPANIES
Adams Express coll tr gold 4s
AAdriatip Electric Co 7s
21
J-J
81
90%
_9
6%
100%
34
103'% 103 %
______1989
4s
2%s
Chicago is Eastern 111 RR—
35%
F-A
103% 104
101'A
1st 8s' ref mtge
85
90
89%
A-0
AVenetian Provinces 7s!
J-J
103%
103%
High
124%
117
1st
84%
76
5
M-N
F-A
...1996
Low
121
1
117
1st
81%
80%
80%
124% 124%/
*._
121
121
56
January 1
No.
High
"
140
83%
Range Since
Sold
Chicago Burlington is Quincy RR—
General 4s___!
1958
0- —
*117
M-S
gold 4s._._*1989"
cons
2d consol gold
'■
'
M-N
Bonds
1 Bid & Asked
J-J
R is A Div 1st
90
85
gold 4 % s__.____________ 1992
impt mtge 3%s D_
1996
Ref is
13%
7%
'■
General
'
F-A
Sale Price
Low
7%
13%
'1
Week's Range
or Friday's
Last
Period
,
High
51/4
19
10
Interest
/Newr York Stock* Exch»ngo..^r,
•
Chesapeake is Ohio Ry^-
10
5%
!
■
14
5%
90
;
;
LOW
v.
*7%
1979
conversion..
3%-4'/8-4-&s extl
a
*10
.1964
...
readjustment
External
5%
...
J-J
No.
High
Friday,
BONDS
January 1
of 1937)
bonds
($
5%
__
J-D
1958
7s
...
>7
Range Since
Sold
/
M-N
1958
extl
V '
M-N
1962
sec
ASilesia (Prov of)
A4'/2s assented
series B
.
Bonds
Friday's
or
Bid & Asked
■
Monday, March 1, 1948
Week's Range
Interest
BONDS
New York
>.
RECORD
RANQE FOR WEEK ENDED FEBRUARY
Friday
»frv>
59%
52%
19
18%
107
__
Q-J
33
52%
-19
107%
33
32%
32%
100%
100% 100%
16
Central Pacific 1st ref gtd gold 4S.1949
1st is ref series A
57%
103%
103% 103%
14
102 %
(4Ya% to Aug 1 1949)
lACentral RR is Banking Co
F-A
97 y.
J-D
*57%
M-N
99
M-S
*82
102%
7
1
97 '/a
*68%
69
'
63
60
,
96
6
99%
84
—
103 7/a
96
-V
81
84
£8
97%
97%
6
J-J
40%
40%
10
38
98%
99'%
31
98%
99 %
71
60%
100
96 Va
—
J-J
F-A
97 Va
41%
100 Va
101
F-A
23/4S._———1977
102% 103 y4
103 '/4
J-D
109 'A
37
A-0
' :'
J-D
M-S
108
7
108% 108%
M-S
.
A 4s
registered
Central New
York
Power
3s
5s
stamp (partial redemption)
Champion Paper is Fibre deb 3s
For footnotes
see
page 28.
1974
1974
383/4
103%
1956
1995
Elgin joliet & East Ry 3 '/4s.——1970
East Tenn Va & Ga Div
1942
M-N
1965
Jv
*973/4 102%
*
-
97%
33
97%
96%-.
33
97%
97%
L 33%
98 >/4
Ed El 111
1st 5S.
stamped——:—'-.^
El Paso &.S'western
58
1st 5s
(NY) 1st cons gold 5s
-.1965
J-J
M-S
A-O
110
*110
—
4-
•
114%
110
*141
M-N
156%
156%
156%
102
103%
103
105
*103%
103
103
—
—
-
•
1
103
'
4-0
—
—
■
—
.
t
—
.
<
Volume 167
THE COMMERCIAL & FINANCIAL CHRONICLE
'Number 4677
FOR WEEK
RANGE
Friday
Interest
Stock Exchange
Last
Week's Range
or Friday's
Period
BONDS
York
New
Sale Price
Bid & Asked
Low
Erie
Railroad
Gen
cons
1st
3%s ser E—.
3%s
mtge
G
ser
mtge 2s ser H
cons
Ohio Div
mtge 3'As
1st
64%
65
j.j
2015
1964
1990
2000
1953
:_1J>71
mtge 3'is ser F
cons
No.
L010
A-0
65
New
J-J
*
.
96%
Jl
96%
U-S
Co deb 5s
debentures
68%
93
93
Louisville
Gas
81
82
Louisville
&
80
80%
96%
3s
1st
20
&
Tire
&
Rub
03 %
M-N
1961
deb
3s
96%
96%
103 VA 104
'102%
37
Last
Tcriod
Sale Price
&
.1951
F-A
.1963
A-O
.I960
US
.2003
A-O
G
.2003
gold 3s
.1980
-1955
Af-N
Elec
3 Vis
M
3%s series F—_
A 1st
A
&
Coast
ref 5s
Certificates
of
1959
A
i-D
1974
4 Vis
1st
series
U-S
•*
:'' •-1'
"100%
51
—
'
.
—
52'-.
U-N
1956
103-
103
102%
4
M
ref
2%s
St Louis Div 2d
Knox
103 Va
Macy
ti
(RH)
General
A its
1949
5s
cons
"102
J-D
ser
Cine
Div
4s
Goodrich
debs
inc
(B F)
Co
Northern
General
5s
1st
82 y4
2%s_1965
mtge
U-S
Af-N
99%
82 Vi
series
98%
97%^
series
J-J
General 4%s series D
1976
J-J
Gen
mtge 3 Vis
1990
J-J
Gen
mtge 3Vis ser O—
2000
J-J
Gen
mtge
2%s
1982
J-J
Gen
mtge
25/bS ser Q__
2010
J-J
C
N
ser
P
ser
mtge 2 Vis
-
94%
•
-
V. '-
-
110
112
10
90
97
93 %
6
76%
6
92%
-V
88
'
^''
76%
76%
—
3
86-
1st
92%
2
A
Debentures
ctfs
Greyhound Corp 3s debs
Gulf
v
i
Mobile
1st & ref 4s series B____-._
Gen
mtge inc 5s
1st
&
Gen
ref
3%s
-^Y
1975
2
7%
100%
101 Va
__1969
97 Vi
A-0
87
87
10
84
87
MS
96
96
1
96
96%
__Jan 2044
1st M 2%s„_
1976
Util
-95
95%
68%
59%
Apr
95
41-N
93V4
: ;
U-N
*-0
"68%
70%
1954
J-d
97%
97%
85%
86
mtge &
ft:-'..'
9'-'%
93%
56%
61%
9J%,
•
19
.
1st
mtge 2%s__1976
Hocking Valley Ry 1st 4%S;
Household
Finance
Hudson
Coal
Hudson
Co
Hudson
&
A
AdJ
1st
Gas
5s
series
1st
J-J
J-D
"122
.
124:
5
95
F-A
60%
59%
61
A-O
2k
21
105%
105% 105 %
r
96
88
91%
58
hi
23
Illinois Central
1st
gold
1st
1981
1st
4s
1951
'
40
104 V*
i 57%
253
i7%
4
W
3s
Collateral
sterling
trust
Refunding
;
gold 4s
trust
62 Vi
23%'
4%s
A-O
U-N
U-N
102 Vi
F-A
Springfield
Western
Div
1st
Lines
1st
gold
3%s
gold 4s_
111 Ceni and
Joint
1st
1st
&
1st
ref mtge
ref
Illinois
series
5s
4%s
series
4s
f—< 0 0
101
V'/;
Indiana 111 81 Iowa
1st
F-A
89
82
J-D
78
A
1st 6s series
A
AAdJustment
A 1st
;V— X
A
J-J
t
A 1st
gold 5s series C
§AInternat Hydro-Elec deb 6s
Rys Cent Amer 1st 5s B
—
&
Clear
J-J
54
A-O
100
' 97
1st
11
A
99%
J-D
.
—
101.
:
-
102-'.
101
\ :W
;
f.
.k /;'
•
89
mtge
4s
ser
A
77
•'
•
22
.
52
62%
85%
99 %
.11
■'
.
50
,
17
'
I.
75%
96%
1
■■■.
J-J
"93
'
947/898%
•
4
102%
47
98%
45
112%
45'
1
97
93
78 Vi
21%
259
18%
27%
A-O
71%
71%
74
57
71%
79
F-A
73
1981
gold 4s—1991
Monongahela Ry 3%s series B
1966
Morrell (John) & Co 3s debs
1958
Morris & Essex 1st gtd 3%s
2000*
Constr M 5s series A
1955
Constr M 4%s series B
1955
Mountain States Tel & Tel 2%s—1988
168
1st
N
Laularo
A 1st
Nitrate
Co
1
Va
1 Va
reg__
Lehigh Valley Coal Co—
&
5s
,
.
,
fund 5s
ref
••
,
X
'
28
45
176
VA
99%
62
1
4s
stamped
2
-
-
F-A
;
modified
..
1
Little Miami
gen 4s series A
Lombard Electric 7s series A_
:
3
Ti-'Hr.
Long Island unified 4s
A
XY .-ti
84
"83
85
ref
1949
gold 4s__
stamped
62%
62
70
"4
For
footnotes
see
page
28.
78 Vi
64%
72%
88%
90%
*
"90%
92
"85%
89
&
28%
M-N
28%
31
39
•
A-O
121
39
121
A-O
—
J-D
■
95
llV/4
—
—
117 >/4
1
101%
102%
9
V
104
105 Va
2
100% 101 Va
115%
117%
100
9
101 Va
'
V
90
'-y-
1952
1953
By-1954
VCi.-
■
"101% 102
101
101
101
103
100%
1
;
100
102%
100
102'/a 102
__
87%
y;.°'
—
F-A
_
——
:A,iXj '■
;
Vi",;
"5
•
87%
102%
87%
80 Va
84
84
80%
.79
84%
84%
80
V
79
81
99
"
78%
83
85
91
■
F-A
"79
—
11
87
25
&4%
1
63 '/a
—
8>/a
84%
05 -5
A-O
—
65%
68
86
84%
85%
63
67%
'
r-A
2013
2013
'
63%
A-O
A-O
,
1»95
A
series
107%
'
J-J
A-O
-
70 %
70
70%
73
66%
72%
77
76%
77%
-57
74%
79%
79%
80%
56
79%
Hudson River RR—
mtge 3%s
registered
gold 3 Vis
1998
1998
1998
—-1998
.
79%
J-J
J-J
F-A
.F-A
1997
1997
General
New York Chicago &
"76
62%
,
78
62%
82
78
61%
78
62
"l
62%
"58%
• 65
62
62
62
62%
5
60
63
57 %
F-A
M
57%
3
57%
57%
St Louis—
1980
E
ser
2043
2043
Mtge 4s series A
series B
Mtge 4s
N
Y
Lack
4%s
West
&
series
series
A
J-J
1973
IN Y New Haven & Harford RR—
§ A Collateral
A
Debenture
1st
V
&
ref
mtge 4s
ser
85%
I5AN Y
84 •'
-85%
85
2%s
it Gas
10 %
36
177
May
33
32%
34
596
31
%""''*
38
6
42
67
20
71
72%
4s
M-«
25
34
16
106%
31%
36
17
15
16%
2
106%
108
198#
US
A-O
54%
A-O
127%
1st gold 4s_1996
ref
2
108
108
1974
1997
MS
'
1997
2047
*
Q-rf
Q-J
Q-F
Q-A
2047
J-J
"
J-J
56%
187
49
...
56%
127% 127%
14
127
128 Vi
109%
109%
53%
"115
U-S
1974
5s
Jan 1 2047
Power
105
32%
31%
2014
US
Northern States
32 %
-
trust 4 Vis
6
99
"12%
116
"91-
101 Va
128
101 Va 101%
62
63 Va
93 Vi
93 %
93
99% 100%
3
14
102
97 Vi
61 %
.
88%
93
93%
100%
Vi
87
•
96%
12
62%
"57
87 Va
99
58
98
"96
62%
J-J
&
65
12
1975
&
60%
9%
2047
Ref
Ref
62
71
impt 5s series C__
impt 5s series D
121
98
10%
2047
Cdll
25
32%
•!-i J-J
series A
111 Vi
10
4%
3
10
1948
impt
121
8%
95%
"...
F-A
F-A
&
110%
17
4
98
"1061/4 106%
J-J
Ref
1
8%
96'
60%
J-J
J-J
8%
"3%
98
100
74
registered-—
4Vis
35%
98%
96%-
3s
1
:
8%
J-D
M-*
A-O
101%
74
registered--
3s
"100
Af-N
93%
4%s series A
lien
67%
.
10
Northern Pacific Railway—
Prior lien 4s
General
12%
96%
31
31%
72
10
61 %
74
Co—
inc
&
67%
74
5s conv
gen
k
.37
96%
1st 4%s
Western Ry
68
66
M-V
34
36
81
62%
68
T
74
76%
J-J
28%
31
V
100 :
70 Va
"
1982''
North
30%
—
99
8
'
1943.
Norfolk Si
96
2
81
D
64 Vs
ref
72%
5s
71%
&
kk
99
71%
"80
10
1977
Niagara Falls Power 3Vis_
Central
99
71%
61%
1940
ser
& Bost
mtge
''.k
10
1955
Telephone 2%s
AGen
99%
62%
June 1992
4s
West
96%
100
J-J
1954
§ AGeneral gold 5s
§ATerminal 1st. gold
Y
98
97%
"101%
A-O
Y Steam
Corp 1st 3 Vis
1983
IN Y Susquehanna & Western RR—
§ 1st refunding 5s
—1937
§A2d gold 4 Vis
1937
N
89
M-N
N Y Power & Light 1st mtge 2%s_1975
NY <fc Putnam 1st cons gtd 4&—1993
96
86%
82%
2007
A
94
81%
87
1940
6s
4s
General
91
85
1957
trust
4s
AGen mtge coiiv inc 4%s ser A_2022
1A Harlem River & Port Chester— '
1st
97%
Af-N
lf-N
93%
84%
87
J-J
J
1973
4s
B—
"91%
J-D
A-O
A-O
F-A
M-V
mtge 3s ser F
1986
Connecting RR 2%s ser B—1975
N Y Dock 1st gold 4s
1951
N Y & Harlem gold 3%s
2000
Y
96 >
110
25
—
104 Va
'■•"7-317%
lf-N
F-A
1954
•-
121
"105
104
"103
Co—
: •
'XX .X •k
'
'
110% 110 Vi
V-V
97
^
104
:
J-J
deposit
of
28%
32
70 %
__
102 Vi 102 Va
A-O
1955
60
123
31
•'.39
97
'
deposit
of
67
31 Vi
31
__
97%
102 V*
«
Lake Shore coll
i-
82%
'
a-O
"90
t;
..
.
deposit
of
6
30 Vi
"28
Af-N
"96 %
—i».'
'
lf-N
1958
20
70
"27
—
104%
100
series A
Y Central &
3Vis
99%
102%
US
impt 4%s series A
impt 5s series C
&
Ref
:'.V
97%
32
J-J
series D
5Vis
Ref
N
',•7
77
1974
Vis-series A
1st gtd 4s
York Central RR
4s
J-D
85
84%
■
99 Vi
& Northeastern RR—
4 Vis
A 1st
98%
•103% 104 Vs
103%
1983
Power & Light 3s
Great Nor 5s A
A Certificates
New
99 Vi
A-O
1982
1986
5s series C
A 1st
Gen
M-N
MS
59%
68 Va
8
MS
T1961
1st 4s
gtd
RR
Norfolk; Southern-Ry
2
63
70
67%
60%
63 Va
87 Vi
91%
92
97 Vi
97
6
.
.92%
79
99 Va
101%
13
95'i
97 Vi
96%
96%
Co—
■
—
-.
.
1949
Af-8
102
101% 102
194P
1
91%
Va'"-,
85-VT"
85
'
Af-N
„1952
54%
27
69 Vi
J-D
Junction
85%
' .\'
„
4s
T
yX--*-.*;. 'r
84
•
Guaranteed
f
;'v-
"85%
84
Af-N
196?
48
75
69 %
1952
N Y State\Elec
94
"95
t-j
2003
57%
74
Tel & Tel 5s A
A Certificates
*-«*■
F-A
2003
registered
96
—
'>83%
'
•96.% '' *
"95
•
F-A
stamped modified
2003
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
Liggett & Myers Tobacco 5s
1951
56 Vi
69%
J-D
cons
4Vis series B
gtd
A 1st
'
F-A
1954
2003
102
74
J-D
INew Orleans Texas & Mexico
a 1st 5s series B
A Certificates
of deposit
1%
88%
90l
"94
■
F-A
5s
A
;
96'
.
registered
4Vis
A-O
1974
gtd 5s
64 Vi
101
99 Vi 101V4
102%
56%
F-A
New Orleans Term
101
.
■
1974
sink fund 5s
79
101%
1
U-N
N
1964
stamped—
71%
'61 Vi
'
——
J-D
1948.
Ref & Imp 4
97%
170
.
90% .90%
F-A v.
F-A
Lehigh Valley Ry Co NY 4%s ext_19B0
Lehigh Valley RR—
4s stamped modified
2003
4Vis
"80
1964
Val Harbor Term
210
•
U-N
5s
Gas
Consol
New Orleans
97
;
1954
stamped
ii
5s
%
1970
-1954
*
5s
1st
sink
stamped
•
i-;
& ref sink fund 5s
1st
Leh
ref
Dee
&
Navigation Co—
S F mtge 3 Vis scr A
1st
j_d
197a
92 Vi
v
Ltd—
mtge income
Lehigh Coal
"
1988
debentures
J
A
1997
U-N
Steel
National
111
97%
171%
100 Vi
I
registered
66 Va
102 V8 102%
2%s debs_1970
mtge 3s ser B
IAN Y Ont & West ref 4s
3%s
31%
"60%
F-A
79
& St Louis—
Nashville Chattanooga
112 Vi
—.
100
J-D
71%
M-d
I
& ref 5s series
Moh'k & Malone 1st gtd
■
A-0
,,
39
19%
100%
112 Vi
■
A-0
if.9
99%
100%
44 v;
98
■
.
97
96%
110 Va
1964
1897
78%
21 Va
103
97%
k'nk'-y
■
1997
Lake Sh & Mich Sou gold 3%s
71%
81%
99%
"97
1959
87
If-V
gold 5 Vis ser A
1st & ref gold 5s series H
63%
95%
■
j-j
ctfs
73%
1949
1980
A Conv
101
78
98%
J-J
5s
72%
,72
53
61
101
99% 100%
J-J
Toll
73
113
25 Va
54%.
97%
110
1961
lAKreuger &
F-A
.
74
58 Vi
20
48%
k' k; 3
„97
1961
Kings County El L & P 6s
Koppers Co 1st mtge 3s
82
72
'
97
Plain
1961
10
51%
73
100%
52%
21
,
51%
Stamped
unguaranteed
51%
64%
51
U-N
82'/a
85%
21%
99%
A-O
4%s
65%
47
63 Vi
51%
1978
97
100
--
102% 102%
J-J
1961
64
61%
1st
A-0
1987
61
4
—•
■
& ref 5s series G
N
A-O
1974
gold 4a
Kentucky & Indiana Term 4%a
64
63
A-O
71%
88
7 95
.
55
'
77%
J-D
1975
Central
63
J-J
30%
95
81%
90
"96%
A-O
Kentucky
75
344
101 Va
97
102
i'
"101% 101%
Af-8
Kansas-City Terminal Ry 2%s
71%
J 167
New Jersey
■;./i
62%
62 %
1950
23
A.
74
New Orleans
14
51
51
A-O
1976
74
'
,
34
Ref mtge 3%s
Kansas City Power & Light 2%s
Kansas City Southern Ry 1st 3s
73
72 Vi
.T-1
72%
100 v*
97
63
51%
J-J
1st gtd gold 4s_1990
55%
68 Va
31%
3s
K
Kanawha & Mich
50%
16
72%
100
78
21%
■'-1L
U-N
1976
62
33
__
97%
53%
21%
J-J
1959
92
%
69 Vi
MS
99%
83
"86-
■
1944
1st 4s
90
54
68 Vi
US
registered
Mich Cent coll gold 3 Vis
3Vis registered
Frankl
94%
54
69
1977
83%
77.
"J
"100% 102
.
1972
Jersey Central Pow 81 St 27/as
101
1973
4s
ref 5s
3%s
James
57
98%
series F
Cons
1956
Int
96
54%
&
ACertificates
1956
55
"91 Vi
'
J-J
105%
102 Vi
V--
,82 T
J-D
July 1952
B
"53
54
1978
D
New England
90%
■
"95
1952
series
6s
series
5s
106%
J-D
A—Jan 1967
^Missouri Pacific RR Co—'
A 1st & ref 5s series A
1965
95%
:
78
J-J
.
84%
.
J-J
5s series
Newark
S~
89
v
J-D
1950
100
80
104%
*100'/4 100%
—
J-J
101
"•V 3-.
105
"99
J-D
Ry Co—
Imp 2%s ser C
1986
^International Great Northern RR—
II
J-J
1962
B
series
4%s
adjust
Wix
--
'
.101%
"100
1970
gold 4s
series
4s
lien
A Cum
'
&
8
U
96
4-0
1962
lien 5s series A
Prior
Indianapolis Union
Ref
100%
99%
83% "84%
105 Va 105%
j-
101
103 Va
— -
■
"98
);
1963
Ry 4s ser A
99 Va
"100
RR—.
Missouri-Kansas Texas
Xw':-
95%:;
99% l'bai'/a--.
,1963
C__
98
100%
"100% 101
83%
A-0
1990
mtge 4s
98%
Xi*J J. 'X. :.
.'■-----'I
95%
j-j
1963
D
ser
Terminal
A
95%
98
99%
MS
Jan 1971
Jan 1991
4Vis
mtge
95
103 V4
98
5
X'
.
,
Chic St L & N O—
ref
94%
98
100%
"99% 101
lf>8
1967
13
"99%
J-J
-
10
95%
"100
J-J
torp 1st mtge 38—1965
National Supply 2%s debs
1967
ANaugatuck RR 1st gold 4s
1954
26
106%
99%
-1951
Registered
2%s
34
;•
v
;
;
80
78%
0
F-A
1951
86
78
95%
"97
M-V
1940
ext 5s
Mining 8i~ Mfg
inc ser A
inc ser A
1st
1st
99%
34
96%
7
;
J-J
1951
__
N J 1st
National Dairy Products
•
102% 103 Va
79%
J-J 7
1951
1951
Div 1st gold 3s__k__.
Louis Div & Term gold 3s
Sag 3%s
3Vis
impt 4Vis series C
Mo Kansas & Texas 1st 4s
--
^ XXiX
K
100 k
99
95
J-J
Louisville- Div & Term gold 3%s.l953
St
:
•
J-D
1951
& Drain
/-•
100%
X Xk
99 %
98 Va
96%
1950
103
100%
-
T OO Vi! .100 %
,
99%
J-J
Omaha
3%s
:
M-N
1966 *
Bridge gold 4s
Litchfifcld Div 1st gold 3s
^-D
84%
97%
:;i03
>101
1955
5s
:. .95,'
63
,
V'.'k
"101
•
1953
4s
"23
J-J
71
98
23
Minn St Paul <fc Sault Ste Mane—
A 1st
105 Va
''
1952
gold
Cairo
Gold
97 % :
.
MS
1952
lines 3%s
Collateral
40-year
;>;■
v.*
1972
1966
99%
68
97
N
J-j
1955
Purchased
•
96%
A-O
1951
4s___
Refunding
97
J-J '
1951
1951
1st gold 3%s
gold
J-J
RR— '
gold 3%s_——._
Extended
&
A
94%
V
.'-k-;-.
U-N
Telep 2%s series A
85%
11-5
122
:
Illinois Bell
4s—1959
1951
1952
1979
Michigan Cons Gas 1st mtge 3%s_1969
1st mtge 2%s———:
1969
gold
95%
119 %
90
89%
94%
,
>
96
"95
89%,
1957
A
5s
^ '
95% -95 %
;
1949
5s
M-N
-
CTral—
Jack Lans &
A General
Feb 1957
Manhattan
income
1970
A
5s
(Southern Lines)
99
2
A 1st
J-J
1962
2%s
Corp
f
s-
1st gold
109%
A 1st
MS
1999
4s sink fund—Feb 1 1957
Wat Sew
Michigan
H
Hackensack Water
B
ser
A-O
96
71%;
:.r 32
•95 "
95
: :•
2„
CO
59
RR
4s
con
Sugar
40-year
93
68%
:■
109%
1960
AGen
6
,
68%
93
"109% 118
1972
Prior
4-0
B
"v
10 ';
95
5Vis—1950
■
■'
L
,
107 Va
107
A
Metrop
92%
6%
aJ-
•'
'
•-
102 %
"101
J-J
D
4s ser
86
76%
4-
I-V-V-
6% i/>/
6%.
sv
J-J
July 2015
A_.
ser
series
mtge inc
Gulf States
A-0
1959
6%
Ohio RR—
&
"57
—- v
Feb
105 Vi
Af-N
"
Feb
B
107
96%
ser
Minnesota
91%
.
AGreen Bay & West deb ctfs A
107
debs;.
Manati
91
74
;;
102 Vi
4Vis
AMidland of
82%
'?
•
101
2%s
Ref
118%
•
5
Co
1st
116
85%
-
99%'
112
6
-.
95
-
"90%
-
109 >/4
109%
101% 101%
RR
May Dept Stores 2%s debs.Corp 1st mtge 3s
83%
97%
10
112
94%
81%
109
101 %
Metropolitan Edison 1st mtge 2%s_1974
35
.
118% 118%
V
-
'111%
J-J
1961
R
ser
20
111% 111%
J-J
1952
B.
1973
Gen
82%
Ry Co—
5Vis
General
1969
High
5
&
Mead
103
103
Realty & Utilities Corp—
conv
Great
Berg Co
Low
109% 109%
Central
Maine
AManila
Gas & Elec of
January 1
No.
M
62%
M-S
deposit
Francisco Sugar coll trust 6s
Range Since
Sold
15
101
50 Vi
Bonds
High
96%
104
100
J
17
Friday's
96%
'
IFlonda East
or
Bid & Asked
Nashville RR—
ref
1st &
"98
Atl
Firestone
(P)
85%
-
Interest
Exchange
Low
64%
,
Stock
High
82
"81%
J-J
MS
18
York
98 Vi
"93
Week's Range
Friday
BONDS
January 1
High
27
Range Since
Sold
27
RECORD
ENDED FEBRUARY
Lorillard
mtge inc 4]/is ser A—Jan
1st
Bonds
Co—
1st cons mtge
1st
BOND
YORK
NEW
(963)
v-p
102
102
102
101 Vi
-
.11
.
101 %
101%
''
15
;
102 Vs
101Vi
102
(Minn)
1st
1st
mtge 2%s
1974
1st
mtge
2%s
:
A-O
197T
A-o
"95
F-A
1975
mtge 2%s
(Wise)
97%
—
"94
98
97%
95%
28
THE COMMERCIAL & FINANCIAL CHRONICLE'
(964)
NEW
YORK
BOND
Monday, March 1,-1948
RECORD
RANGE FOR WEEK ENDED FEBRUARY 27
Friday
Interest
New York Stock Exchange
Last
Period
BONDS'
Sale Price
or
Bonds
Friday's
Bid & Asked
BONDS
Range Since
January 1
Sold
New York
Stock
Interest
.
Low
No.
High
Low
Union
2%s debe
Oil
12
7
10%
100 Va
100 Hi 101
37
98%
103%
103 Va 103%
12
■
Mhf
95
r-a
Oregon-Washington RR
A-O
3s ser A—1960
95
21
95
A-O
Oklahoma Gas ft Electric 2%s—-1970
95
31
101
93%
15
12%
103%
93%
95.
1971
1941
P-A
IQftf
J-J
fUl
Chfcfl
fifths
Socony-Vacuum Oil 2%s
.—1976
8outh ft Nor Ala RR gtd 6s——.1961
riehftni.nrfts
23/„r
ip7f
fiphpni.nrfts
2%s
Pacific
lst
4%s
Gold
1st
ft ref
ft re!
1st
ft
ref
3s
1st
ft
ref
3s
1st
ft ref 3s
1st
ft
3 Vis
3s
ref
series
1966
J———1970
series
J-D
101%
101
series
M
1979
J-D
101
series
N
1977
J-D
1981
_1980
1985
1986
Pennsylvania-Central
Pennsylvania
Otd
J-D
97%
93 Va
10
*95%
96%
A-O
A-O
102
~
m-m
—
48
*102
1st.
mtgft 27As
tRf.
96 %
97
98%
94%
—
41%
48
trust
ctfs
1952
E-X
*106
J-D
—
A-O
1948
M-m
i960
p-i
Oeneral 4 Vis series A
i960
J-D
General 5s series
1968
99%
M-m
1948
.
sinking fund, 4%s
B
Oeneral 4%s series D_
Gen mtge 4%s series E
V'.
35%
—
107
*103%
P
4s
ext
99% 100
55
98 %
99
106%
103 Vi
—
103%
99
Marquette Ry 3%s
100% 100 %
63
80%
59
92%
873/4
87%
41
843A
♦100% 101%
'■4.U.
86%
86%
J-D
101
80
83-
83
21
78
77%
78
9
76%
783/4
J-J
91%
91%
91%
5
90
91%
1994
J-J
113%
36
IQZe
A-O
1950
113
113
92%
911/s
J-J
1951
J-J
1985
1093/4
■
—
♦103 J/4
«.
*95%
107 J/4
111%
103%
106
f 02 »/2 1031%
2
95J/a
93 J/4
95%
*49%
947/a
91J/a
108%
—
103 %
103
——
116 Va'
105
4
12
109% 109V4
A-O
112 J/2
73
93
106 % 107
A-O
—1900
.
82
83
A-O
1950
Apr
Xf-H
Standard
Oil
of Calif 2%S debs— .1966
deb 2%s
(NJ)
'
J-J
J-J
1971
55
J-J
1071
J-J
.2019
13
J-J
100 J/4
11
94%
93%
943/8
100
115
115
943A
100
98»/a
973/4
8
98
102
92 J/8
99%
98
52
50
—■
101 Vi 102
1013/4
P-A
1066
Sunray Oil Corp 2%s debs
ft Co 2%s debs
Swift
Texas Corp 3s deb
Texas
91
99Vi
103%
23
104%
95%
31
94
14
94
99%
A-O
99
60
M-m
21
98%
99%
28
81
J-J
A-O
81%
8
80
60
60
7
59
21
21
103
100%
103
97%
10
18%
8
103
34
100% 100%
99
23
106
100%
1974
F-A
*109
J-J
1981
J-J
J-D
98%
M-M
M-m
J-D
s f 4s
_1937
deposit
106% 106 Va
106%
1964"
Pgh Cine Chicago ft St Louis
Ry—
Cons gtd 3%s series E
J-J
10%
98
37
98Vi
97 %
13
97%
97%
101%
100 Va
J-D
97
98
10%
100%
13%
10
100% 101
*95%
98%
1953
J-D
M-m
94%
28
96%
95%
95%
89
121%
2
94
90Vi
124 Va
lst ref 4s
AAdj income 5s
1900
Jan 1900
3%S—1960
Trenton Gas ft Elec lst gold 5a
1940
100
7
100
100
100
98 V*
100'A
75
76 3/4
17
75
83
A-O
49%
44%
52%
601
42%
61%
J-D
98%
98%
98%
10
98%
993/4
95
95%
J-J
jf-a
*102
Corp 2%s debs—1901
M-m
♦96
.1971
M-m
.1975
A-O
*96 J/2
.1967
J-J
103% 103%
1
-1970
J-D
99
99 Va
5
98'/a
99%
debentures.
1978
F-A
99
99%
7
96'A
99«/a
mtge 2%s series C_
United Biscuit 2%s debs—
1991
M-m
91
90
91
30
87 J/2
91 J/4
.1966
A-O
97
963/4
97
5
96
1976
Jf-N
91%
91 'A
30
91
98%
92'A
97'A
97'A
93
97
98%
U
Union
lst
*108% 112
94%
of Mo 3%s.
Co
Electric
mtge ft coll tr 2%s
Oil of Calif 3s dob
Union
debentures
2%s
Union Pacific
2Vis
—
.
,
107
108
96
96%
101
103%
"
l-
.
RR—
Ref
U
4
107% 107%
107%
S Rubber 2%s
debs
99
.
'
*10934 111%
M-m
11%
.-1964
*102
*100
101%
102,
2%s
110
102
102
109
4
103%
108
104
1
103%
108
1975
A-O'
13
°£* * Chem lst mtge 3 Hii-1964
Pittsburgh Consolidation Coal—
•.S/v ®eb«ntures
;
i§gg
84%
87%
M-M
103%
103%
ls^ mtge 4Va5
-I960
Universal Pictures 3%s
Cons
s
101
96 3/4
93
93%
'
8
F-A
102%
103%
101V*
101%
Virginian Ry 3s ser B
101
*100%
__
101 Vi
103
J-D
93
U-V
101
8b%
86%
*103
J-D
Jf-fl
A—1955
series B
f 4s
Virginia Electric ft Power Co—
lst ft ref mtge 2%s ser E
1875
Va Iron Coal ft Coke 1st gold 58—1949
Va ft Southwest lst gtd 5s
2003
1st cons 5s
1958
101% 101%
86%
J-J
1880
1950
104
*—
A-O
1957
Yandalia RR cons g 4s series
104% 104%
E
1967
debentures
109
J-D
103
—
Jf-S
94 Va
98
99%
21
98
101
*100
Jf-S
100
109%
*__
J-J
98 %
99
96%
99%
74
79%
*„
98
99
99
99
Apr
743/4
76
74% " 743/4
76
76%
10
Apr
Apr
11
75'%
78%
93%
15
90%
94
94%
96 V4
A-O
1995
M-m
Jan 1981
Gen mtge Inc 4%a soar B
Jan 1991
lst mtge 3 Vis ser B
1971
Walker (Hiram) G ft W 2%s debs.1966
Walworth Co conv debentures 3%s_1970
101
97%
98
M-m
25
Ry
series A
1959
1st mtge 4His series B_
1st mtge 4%a series C
J-D
1950
84%
A-O
196ft.
A-O
84
84%
84%
88
84
84 3/4
84
88
85
84%
88
*79%
Youngstown& Ashtabula Ry
A
J-D
*100
.—.1962
F-A
*117
III" .—1974
C
102
100
100
116
117
J-D
II
-~1977
«
me a*b,;
..
J-D
*118%
—1964
J-J
*100% 101%
100
100%
*105% 106
105
105%
Potomac El Pwr,lst
mtge 3Vis——1966
t
.
W
Wabash RR Co—
Inc ser A
Gen mtge 4s
1948
B
mortgage 3 V4s^._
♦Securities 4«
J-D
92 %
6
7
122
*103
F-A
94%
*104% 106%
F-A
II1963
series D
J-J
Third Ave Ry
101
A-O
series
1905
94
90 Vi
94
Pacific—
RR of New Orl 3%s
Tol ft Ohio Cent ref ft Impt
13
1975
lot gen 4s series
Pacific-Missouri
99 %
11
11
F-A
Pgh Cine Chicago ft St
Louis RR—
oen mtge 5s
series A
1970
Oon mtge 5s series B
lot gen- O's series
122
90%
98%
100
35
10%
i960
* Vis series B
ft West Virginia
Texas
107%
32
1949
,
;
105%
14
*8
r-A
122
J-D
106%
98%
1957
Cons gtd 4s series P
Cons gtd 4s series G
Cons gtd 4s series H
Cons gtd 4 Hi a series I
105
106%
*__
_
2Vis debs
®?8semer & L Erie 2%S-l990
106
1
99% 100
97%
104%
116
IIl977
.
98%
103%
A-O
1974
lst gold 5s
Gen ft ref M 3%s ser E
Term
97%
44
97Vi
A-O
1990
2000
Pacific
ft
Trl-Continental
1981
ser
3%s ser C
lst ft ref M
61%
22
103% 104%
98%
M-m
1975
116%
115
5
98%
103%
A-O
Orleans RR—
New
Texas
100
84
Y*
&
1985
1965
lst ft ref M 3%s ser B
99%
95%
iff
Co—
Cons gtd 4 His series
J
Ref ft imp M 4s ser C
Ref ft imp 2Vis series D
110%
95
95
1974
of
92»/a
89 J/4
100
.
J901
Oil
1133/4
100% 101 %
1967
irA I?* Petroleum
5s
96'/a
'
Igff
Memphis Div lst gold 5s
lst gold 4s
112
9
105% 10o%
101%
F-A
tr 41/43
AohH,.?pln* Ry l8t
gen
82»/a
943/4
St Louis Div
1013/8
95%
1974
1st ft ref 2%s
1st ft ref 2%s
1st ft ref 2Vis
1st ft ref 2Vis
J/* fon 4 His
96
81%
823/4
*81
89
Devel & gen- 6s series A
Devel & gen 6%s series A
100 *1
113% 113%
1971
SS *^!a 2? coU
Philadelphia Electric
A
94 J/4
95 J/2
94
1st cons gold 5S
gftn 4s sftHaa A
100 3/s
95%
1980
4 His series C
APittston Co 5%s
100 »/a
91%
•
99
A-O
Apr 1990
D
ser
PhUa Bait ft Wash RR CoGeneral 5s series B
lot
''
J-J
98 !/a
5
933/4
*95% 100%
94 J/4
TC
Kftr
100%
"100%
J-D
1985
A Income 4s_—n____
Pitts
933/4
'
— —.
100
97'A
5
J-J
i960
.
Peoria ft Pekln Union
Ry 5%s
mtge 4 His
P-A
90%
Ry
Ar.
12
99% 100%
J-J
ASpokane Internat lst gold 4%S—2013
44 »A
106
__
98J/a
94J/a
124
"
—
1981
1952
ser
Psorla ft Eastern
lot
DftVftl
96%
1984
Omit deb 3%s
_Qen mtge 3Vis
lS St£
124
—
Terminal RR Assn of St Louis—
»terl stamped dollar-
Pittsburgh
*121
.
30
M-m
Southwestern Bell Tel 2%s debs
40%
'l
J-J
Standard
41%
A-O
^Certificates
Southern
102 V4
—
>,
40
M-m
mtgfi 2V^s Rftr G
101 »/a
943A
A-O
94%
97'A
913A
M-m
mi.pa 23/.s series
1st.
RR—
-Onneral gold
Southern
101%
101
94%
94'A
J-D
943/4
29
20
1977
lst mtg3%s serA.1971
Pacific RR Co—
1013/4
*103
-1965
Pore
•
■
102 % 102 %
J-J
••
92 Va
98'A
long
91%
10
93%
—
57
35
98%
—1981
—
993/4
95%
97 Va
-A
J-D
i960
Consol gold 4s
_
*94%
97%
J-D"
I
High
.
(Oregon Lines) A
4%s
99%
15
ipfa.
San Fr Term
102
34
'
943/4
Low
-
E
debentures
Pennsylvania
_
1013A
100
.100
—
Co—
94 J/4
1013/4
Co—
4s series
Cons
100%
7
101% 1013/4
Airlines—
debs__
Pennsylvania Glass Sand 3 V2S
i960
Pennsylvania Power ft Light Co—
1st mtge 3s
1978
3s • f
12
107%
35
100% 101 Va
101
101%
debentures
inc
107%
'
1013/8 101%
——
J-D
1974
3s
conv
J-D
1971
L
BVfcs debentures
1987
Peducah ft 111 1st s f gold 4%s
1955
Peterson ft Passaic G & E cons Ss-1949
3 %s
*1063/4 108%
K
series
1st ft ref 2%s series P
1st ft ref 2%s series
Q
T#1 & Tel 23>'<s debs
2%s
J-D
Tty
4'As
Gold
I
series
1Q«7
Indiana
Southern
1st
ipftg
dehent.urfiR
finuthfirn
Padfio Oas ft Electric Co—
1
Range Since
January 1
No.
•30
'
—
High
Southern Bell Tel ft Tel Ce—
3r
95
104%
,
Sold
94
'
94'A
A-O
t§ ASileslan-Am Corp coU tr 7a-
J-J
Bid & Asked
'
Hkfillv
...IMS
1974
1975
.
Bonds
Low
Shell
O
guaranteed 4s_
Ohio Bdison let mtge 3s_
let mtge 2%s
Sale Price
Friday's
or
High
lOgdestsburg * Lake Champlain Ry—
A lit
Last
Period
Exchange
.
Week's Range
Friday
Week's Range
1977
1957
-°ence Terminal 4s__
1958
Public Service EI ft
Gas 3 V4s— .—1968
lot ft ref
mtge 3s
1972
1st ft ref
mtge 5s
2037
lot ft ref
mtge 8s
2937
J-J
P-i
Ward
Baking
5%s debs
m-m
*96%
94
97%
87
90%
103
87
87
105%
Co—
(subordinated)
1970
4
105%
105
105
A-O
'
JT-N
8%
MS
~8%
*86
J-J
*105%
~8%
11
90
100
90
106%
__
107
M-m
*103% 104%
103
103%
j-j
*141
150
142%
145
*_.
220
J-D
gtd gold 3 Vis- 2000
1948
Washington Central Ry lst 4s
Washington Terminal 2%s ser A— 1970
.1950
Westchester Ltg 5s stpd gtd
Gen mtge 3%s
1967
...
Warren RR lst ref
"8%
*46 J/2
F-A
Q-Jf
_
■
101
109
108% 109
4
108
109
J-D
1063/i
106% 106 s/4
5
1053/4
lOeVi
J-J
108 J/a
107% 108%
28
106 J/2
109
98%
50
.1966
Western
.1952
A-O
Jan 2014
100
J-D
West Penn Power 3Vis series I
Maryland lst 4s
Western Pacific 4%s lno A
54
..
^
1003/a
*__
F-A
50
51%
98 J/4
May
98%
99%
100'A
*100
—
97
99%
100
Western Union Telegraph Co-
Qhnkor Oats 2tts deb.
.1964
Funding & real estate 4Vis
25-year gold 5s..
J-J
*98%
99%
98%
99%
.1950
30-year 5s
Westinghouse El & Mfg 2Vis
Rochester Gas ft Elec
Corp—
Gen mtge 4Vis series D
Gen mtge 3%s series H
1977
M-m
843/4
M-m
*__
85
s
83%
102%
1023/a
US
1957
M-M
1957
M-M
*106
1969
M-M
*104% 108%
194#
J-J
mtge 3Has
(ARut-Canadlan
tiARutland
RR
series
4s
6tpd_
4HiS stamped—.1941
8
J-J
8
8%
3
107%
104
,5
104%
8
8%
7%
9%
gold 6s
S f!nS°Coy
86 Louis-San
lst
"
& P 5s
1996
stpd~IIIIIl955
Francisco Ry Co—
mtge 4s series A__.
1997
mtge inc 4 His ser A__jan~2022
A 2nd
St
Louis-Southwestern Ry—
lst 4s bond certificates
_-_1989
2d 4s inc bond
ctfs._,:_.___Nov~1989
Gen ft ret gold 5s series A
1990
St Paul ft Duluth lst cons gold is.lMt
8t Paul Union
Depot 3 Vis B
1971
Scioto V ft N E lst gtd 4s
1999
Seaboard Air Line .RR Co—
1st mtge 4s ser A
___i:
1999
A Gen
mtge 4 Vis ser A_'
Jan 2016
Seagram (Jos E> ft Sons 2yas
1966
M4
97%'
97 J/4
97%
15
*75
97%
98%
98%
M-S
etVi
61%
62
44
59
60%
60%
61
16
57%
.1949
Jf-N
103
5
Wheeling Steel 3'As series C
lst mtge 3 Vis ser D
.1970
M-S
>1967
J-J
.1992
S B
103
103
J-D
.1958
J-J
.1949
J-J
lst
&4Vi
•
__
5
94V4
62
61
103 J/4
—
"1
'
94%
*94
'
9
*109
—
—
93%
:
—
102% 102%
—
103
99%
*_.
■
.
A-O
.1960
1st mortgage 3s—
Winston-Salem
M-S
96%
94%
96
101%
103%
111%
111%
^Wisconsin Cental Ry
§ Alst general 4s
A Certificates
of
71%
70%
72
218
30%
29%
31
Ill
30
30
Jf-N
of
—
*94%
J-D
J-J
73
19%
31
30
30
2
103
—
—
103
103
75 V4
71
12
J-J
deposit
64
93
95%
103
94J/2
104
J-J
99%
84%
*95
J-J
803/4
8OJ/2
813/4
May
53%
52%
54
u-m
168
80
84'A
307
51'A
*80
93
92
5
983/4
80>/a
89 Ha
82%
82'A
94
J-D
95
*101
M-m
*127
j-j
100%
j-j
633/4
102
99% 100 Va
Yonkers Elec Lt ft Power
a
101
205
101
983A
100 V4
63 3/s
65
77
61»/a
68%
93'A
93J/2
10
92%
94
2%s
1978
d Ex-interest, e Odd-lot sale not
Under-the-rule sale not included in the year's range, r Cash sale
delivery sale not Included in the year's range,
Deferred
Included in the year's range,
not
,
A-O
92%
102%
64
92%
95
J-J
55%
102 % 102%
J-J
J-D
101%
98 3A
98
99%
99 >/2
79%
A-O
J-J
97
11
MS
deposit—
——
Wisconsin Electric Power 2%s_—1970
Wisconsin Public Service 3Vis—-1971
J-J
87%
-2361
ACertlficates
2d
95
80 3/4
.2361
.1971
4s
lst
SASu ft Du div ft term 1st 4s—1936
Saguenay power 3s series A
1971
StLawr&Adir 1st gold 5s____.„.i996
88%
41
guaranteed
Shore
Wilson ft Co
107%
8
28
87%
Registered
Wheeling ft Lake Erie RR 4s
Gen ft ref M 2%s series A
*106
I
mfc&e 3Vis series J
Gen
*
85
102 Vi
.
v
2%s debentures
Reading Co lst ft ref 3 His ser D—1995
®*T®r® Copper & Brass
3 Vis
—.I960
97%
95
86
J-J
West
R
97 Va
97
91%
101% 101%
J-J
.1951
95
24
97 %
87%
MS
.1960
95
M-N
.1951
included in
n
the year's range,
y Ex-coupon.
SNegotiability impaired by maturity.
tThe price represented
pound unit of bonds. Accrued interest payable at the exehange
tCompanies reported as being In bankruptcy, receivership, or
the Bankruptcy Act, or securities assumed by such companies.
•Friday's
A
DAM Jn
bid and
AAH (nn
#IA4
asked prices; no sales being
Is'the dollar quotation per 200rate of (4.8484.
reorganized under Section 77 of
.
transacted during current week
!
1
i
<
THE COMMERCIAL & FINANCIAL
CHRONICLE
(965)
NEW YORK CURB EXCHANGE
WEEKLY
footnote
a
and deferred delivery sales are disregarded in
Cash
NOTICE
in
week in
the
in
which they occur.
No
account
is
AND
YEARLY
RECORD
the week's range unless they are the only transactions of the
week, and when selling outside the regular weekly range
such sales in computing the range for the year.
taken of
are
shown
following extensive list we furnish a complete record of the transac tions on the New York Curb Exchange for the week
beginning on Saturday,
Feb
21
and ending the current Friday, Feb. 27.
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
•
RANGE FOR WEEK ENDED FEBRUARY
•
Week's
Friday
STOCKS—
„
New
York
J*®1,
Sales
Rang*
Shares
Low
Par
Friday
for Week
of Prices
„
Sale Price
Exchange
Curb
:
27
STOCKS—
Range Since January 1
High
Low
New
York
Curb
High
e
ACF-Brill
Motors
Acme
Aluminum
Acme
Wire
Adam
Aero
-1
10
Inc
5
Power
Appliance..
4.20 7o
Airlines
Aluminum
$3.75
pfd
Co
Co
of
Jan
6Va
Jan
Jan
23A
Jan
12 /a
12 Va
800
12 V2
Feb
137/a
6Va
"
Ltd
Beverage
Cities
1
Car
Co
23A
80
Hoe
"2%
Hard
Rubber
Laundry
10
18
13
Mach_
164
63/a
Co
,
dep rets ord reg
Appalachian Elec Pwr 4%%
Argus Inc
22
common
14%
Feb
Feb
61V2
Feb
96
"25
Feb
.13
Jan
155
.
Feb
180
Jan
1%
7
337/a
7,000
31
25
l'/e
Jan
Feb
109 Va
Jan
1%
Feb
1,300
1113A
2V8
33
Jan
40
Jan
41
Feb
43 V2
150
16
Feb
18»A
700
29'A
Feb
32 V2
15 V2
Feb
17 JA
31%
Jan
32 Va
14%
Feb
16
21%
3
300
31
x30
19
3%
31
Feb
3%
17 Va
Va
3
Feb
23
20
Jan
51
Feb
36
Feb
36 Va
-19 Va
Feb
3
2,700
Feb
V
Jan
500
700
4%
Jan
5
Jan
7%
7%
200
7%
Feb
9
Jan
13,600
U Jan
42'A
%
Feb
48
Jan
Jan
7
7
100
6'A
Feb
8V2
Jan
5%
5%
.5%
300
5%
Feb
6
Feb
17 Va
9'/a
102'A
17 Va
25
17Va
Jan
3%
3%
200
3 Va
Jan
9Va
9J/a
102'A 103
8'/a
Feb
10%
4V2
Jan
103 3A
Jan
4'/a
Feb
5%
Jan
43A
Feb
6.Va Jan
10 Vb
14'A
4%
7,500
103A
500
112
10 Va
4Va
Feb
10%
20
Jan
112
6V4
Jan
10%
Feb
Jan
113
:r Jan
10 Va
200
10 Va
Feb
13%
Jan
14 Va xl4%
3,900
12%
Feb
15%
Jan
8Va
Feb
...%
6%
3'A
mm —
%
Feb
8%
Jan
Feb
lVa
Jan
Feb
8Va
Jan
4
%
800
3'A
3 V2
700
"3%
53'A
Feb
54%
Jan
"3%
4%
4,600
3%
Feb
;'.:j 5 Va
Jan
26 Va
27%
1,000
:. 24%
Feb
■
—-
—50
—
5
V2
5 Va
7
7
~~"~5
5%
—
200
7 Vo
"
800
11
11
200
15 %
16
2,200
'
15%
—
'
A
B
1%
i-
4%
"U
30
•
American
1
$1.20 convertible A
Basic
Refractories
Bauman
(L)
&
Bell
Benson
of
Canada
Watch
&
Hedges
Convertible
Berkey
Co
&
L
1
-a.
:
common
preferred
Gay
Furniture
8%
•
33
2%
2Va
800
2%
Feb
3%
Jan
3%
Feb
3%
Feb
12 3A
Feb
12%
Feb
Feb
IOV2
Jan
9Va
Feb
10
Jan
—
Jan
4%
300
4%
Feb
6
Feb
Jan
Feb
53
Jan
Co
Power
Carolina
Light $5 pfd
&
Biscuit
Carr-C6nsol
1%
A
2s 6d
1
(J W) Co common—
Casco Products common
Maine
Central
.
&
6
6V2
1
5%
Jan
6%/ Jan
300
100
.
—
1
Co
10 Va
Feb
7Va
Jan
Feb
35
6V2
Feb
8 Va
Jan
20
75%
Jan
80 Va
Jan
100
1
19
Jan
85%,
Jan
Feb
9%
Jan
14
175
13
•Feb
17
57
s
11,300
160
54
Feb
73
Jan
12V2
Feb
16Va
Jan
12
12
11
ll'/a
3%
3%
7 Va
50
7%
21%
12
Feb
13%
Jan
3%. Jan
3'A
Feb
7 Va
Feb
Jan
13
8%
Jan
Jan
H5
63%
21%
Feb
25
25
21%
63%
21%
300
Jan
Feb
11
1,000
•
.
Feb
12
200
127/s
3 V2
10
5
10
Corp common
—
Cherry-Burrell common
Chesebrough Mfg common
Chicago Rivet & Mach
Chicago & Southern Air Lines
Voting trust ctfs
Feb
Feb
8%
00
13
2.50
Charis
16'A
84
16%
CO
55
1
common
America.
of
Jan
1,400
1
1
8%
preferred_100
100
100
Conv pfd opt chv ser 1929
.—100
Century Electric Co common
10
Co
Feb
Feb
7
pfd cpt div ser
Aircraft
9%
5%
31
76
Va
16%
100
5
preferred
Chamberlin
IIOVa
Feb
100
34
76
1
pfd
West Corp
South
5%
(Central States Elec 6%
Cessna
Jan
4%
*• .4,200
ioVa 7'A:
~9%
34
100
Light 4%
Power &
Central
Conv
•
Co—
Power
preferred
Central Ohio Steel Products
7%
49
•
•
Corp of America
Central
3.50%
2
,
10%
10
& Co
(A M)
200
_4% "4%
4 V2
''
I
dep rets B ord
Carter
Castle
50
'AA'-Ai
Carreras^Ltd—
Amer
,
108V2
•
1
Co
49
49
•
common
Jan
Chief
Consolidated
4
•
*
10
City Auto Stamping
City & Suburban Homes
Clark Controller Co
1
24%
Feb
25%
Jan
15'A
Feb
17%
Jan
Clarostat Mfg Co
Claude Neon Inc common
1
4%
Feb
11
60
Jan
70
Jan
15%
Feb
18
Jan
Lambert
&
Va
Jan
1
Jan
Colt's
15 Va
Feb
,17
Jan
1%
Jan
127 Va
Jan
8%
Feb
Jan
•33
Jan
2'/a
Feb
6Va
Feb
%
l'/a
100
32%
34
14 V2
14
14
11,800
l'/a
J an
7/a
Feb
99
Feb
31%
Feb
38 V4
Feb
12%
Jan
9%
Jan
2,500
100 Va 101
33%
IIV2
Jan
115
Jan
9 Vo
100
14 Vo
Feb
2
IV2
Feb
Va
2
500
1%
Feb
2%
Jan
l'/a
1%
3,900
IV2
Feb
2
Jan
100
9
Feb
10%
500
24
Jan
30 lA
6
Feb
Va
9
9
28 V2
9
28'/a
.
29%
—
—
Jan
16
Jan
Feb
7Va
Jan
&
7%
Feb
9
Va
Jan
4
4
1,000
3%
Feb
tJ 74
van
6V2
6V2
7
1,400
6%
Jan
7%
1
Iron
6%
6%
7 Va
2,200
6V'8
Feb
71/a
Feb
3%
3%
3%
2,100
3%
Feb
4%
Jan
30'A
500
29V2
Feb
33 V*
Jan
warrants
25
Jan
4 V2
&
30
30
Va
4Va -Feb
Jan
Jan
5
%
4%
series
B
100
100
series
Feb
64%
Feb
70
50
107 V2
Jan
111
30
100 Va
Feji
103
102
110
110
102
7»/a
Jan
Jan
Jan
Jan
8'A
8'A
8%
600
8Va
Jan
9V4
Jan
74
2%
73%
75 Va
i;300
72 V*
Feb
80 V2
Jan
2%
2%
300
2%
Feb
3%
Jan
30%
31 Va
800
29%
Feb
32 V2
Jan
11
UV2
1,500
10
Feb
14 Va
Jan
Jan
Consolidated
33
Jan
Consolidated Steel Corp common
Consolidated Textile Co
—
6%
400
108
5
19 Va
1
450
Jan
Jan
Smelt Ltd
Consolidated
Royalty
6%
66%
A
28
1
10%
&
Jan
1
Consolidated Gas Utilities
Jan
Mining
Jan
26%
64%
•
common
preferred
C
preferred
1V
50
Vo
6%
1
:
P Bait
3,000
10
•
1956
to
G E L
1,500
fV
26 V2
4
warrants—
25
Shoe Machinery—
ext
4 Va
nr
26%
1
Southern
Jan
136
—
6Vs
Jan
Jan
13 Va
Consol
100
Jan
5 Va
4
Community Public Service
Compo
100
5V8
700
1
Commodore Hotel Inc
Jan
450
600
6
•
ordinary
Airlines
Jan
Jan
~
6 %
5%
•
Manufacturing Co
6
8%r*
4
20
common
De.velopment
6
Jan
5%
5%
1
Mfg
Jan
5%
Feb
175
17
5
17
Feb
16 Va
10
Feb
Jan
Jan
16 V2
•
1 '
100
Mining
(Childs Co preferred
Service common
Jan
5 V4
100
100
4%
6 Va
10
3%
12%
9
»..
2.50
Co
7%
15
Jan
19
3%
12%
—
4%
&
15Va
9%
Jan
18
.
•
8%
Jan
30
2%
1
200
33
Feb
Jan
5Va
—*
8
9%
300
1%
8%
Feb
lVa
Colonial Sand & Stone Co—j.
129% 131 Va
7Va
Feb
19
129%
Jan
1,600
42V2
Jan
1%
1
100
1
Inc
7%
7 V2
Jan
14
15%
Feb
7Va
Feb
6%
Jan
6%
7Va
Feb
35'/a
15 Va
Jan
2Va
Feb
Feb
i
51/a
Jan
8V2
100
x6
Feb
2V2
—
35%
9%
x6
33A
50c
~VA
Vtc
1
100
Jan
50
9%
175
Jan
400
Cockshutt Plow Co
400
12 Va
1,300
Colonial
5»/a
Feb
1%
Jan
HVa
12'A
9%
Jan
5%
100
35%
53 Va
10 Va
12 V4
8%
Jan
5%
12 V*
1V4
Feb
10 Va
Jan
12%
35%
34
350
3%
•
45
6,200
Feb
100
50
4%
2%
*
*
2,200
16 Va
2,400
4
35V8
4%
Feb
2%
Ltd—
51%
1
common
Shoe Corp
Aircraft common
Tel
Benrus
voting
49'/a
16 Va
Jan
17
•
Clinchfield Coal Corp common
Club Alum Products Co
1
common
(A Si
Bellanca
4'/a
Jan
18
Jan
,
2%
non-voting
Commonwealth
Inc
Co
Beau-Brummel Ties
Beck
1
5
11 Va
Feb
14
2%
11
10 Va
common
Jan
16%
300
n
Cities
shares
Corp
Barlow & Seelig
Mfg—
U
300
15
Alcohol—
Industries
Colorado Fuel
Steel
400
16 Va
•
35 Va
9%
U'A
16%
1
Colon
Baldwin Rubber Co
common
Banco de los Andes—
Barium
50 Va
30
11
Feb
Jan
B
preferred
Jan
%
20
preferred
Clayton
Babcock & Wilcox Co
Baldwin Locomotive—
49 Vt
Jan
%
3 V4
...
Feb
4,000
preferred
Jan
98'A
200
112
Jan
Jan
80
4%
10%
—
112
4
400
4Va
43A
4%
17 Va
800
4'A
43 V2
U
•
Catalin
7
,t
3%
100
%
Jan
'4 V4
25
4%
__
45
14-%
16%
3
common..
Ltd
Industrial
Carnation
Jan
43%
-■■■
45
—
ii'A
Ltd
Co
Convertible
Carman
Jan
x30
li
3
Jan
7
Capital City Products
Carey Baxter & Kennedy Inc
Jan
■31
300
33A
•
com.
9Va
100
Canadian Marconi
Jan
50
-
new
Feb
Feb
7 Vo
16 'A
1
1"
preference—
Canadian
Jan
500
31'A
—25
Corp
Jan
23%
2,100
690
7 Vo
£l
Insurance
Fire
Class
Jan
500
11,400
4%
1
Jan
2 Va
Jan
25
2
22 Va
1
Bread
7%
pfd—,
Power
Cement Co Ltd
Class
Jan
3 V2
common
Corp
Tungsten
Canadian
Jan
100
,
Jan
2,900
Electric
Canadian Canners
Jan
15 Vo
Products
dep rets 5%
Sugar Estate
6 V2 %
Jan
16 Va
43'A
»
20%
Jan
20 Va '.
25c
Canada
Jan
50
50
20
*
._
Jan
2
Va
2
22
12 V2C
Canada
Feb
37 Va
3
—£l
6%
20
20
200
& Wireless—
Callite
18% Jan
35'A Jan
41Va
15
1
Inc.
Automatic Voting Machine..
Avery (B F) & Sons common
Jan
2'A
"%
common
Electric
California
•
3'A
(P H)
Camden
Feb
li
_
Feb
2%
22
Corp Amer dep rets
Calamba
Jan
4%
_
Products
12%
Feb
"2
1
Co
Ring
Biscuit Corp
Cable
Jan
90
42%
""1
Piston
Cables
Jan
2%
Jan
Feb
26 Va
Associated Tel & Tel cl^ss A__
Atlantic Coast Fisheries
Atlantic Coast Line Co
Atlas Corp warrants
Feb
2'A
2'A
Jan
2V2
Feb
2
85
Feb
29'A x30'/a
2.50
Associated Electric Industries—
American dep rets
reg.^
1
Associated Laundries of America
12 3A
2.50
American
6 Va
16 Va
•
Jan
Jan
Feb
16%
32
10
13'A
Jan
92'A
50
111
1%
•
—
Feb
Jan
45,498
17
15%
•
11
Jan
-
50
1,400
33 Va
1
Equipment Corp.,!
Ashland Oil <fc Refining
Co__.—_
preferred
Ayrshire Collieries
20
37 Va
100
pfd
G'/o
preferred
Arkansas Power & Light $7
pfd
Steel
2
32
1
non-voting..
Plywood Corp
Feb
41 j,
16
...1
Aro
Automatic
18
1,600
15%
..£1.'
——**
Atlas
Burd
Burry
1%
5
Angostura-Wupperman
Apex-Elec Manufacturing Co..
A
Jan
1
,
500
•
*
93
•
—
Jan
11
*
Jan
Jan
1,400
111
Ltd
Bunker Hill & Sullivan
5
Ltd—
18%
„
5
Buckeye Pipe Line
6%
150
6Va
Mills
Jan
2
common
Feb
1
Co common
Jan
Feb
1,600
32
10c
Products
Anglo-Iranian
class
Silk
6%
6%
167-Va
6 !A
337/8
111
2
com
Angerman Co Inc
Common
52
17
*
$6 series preferred———
15 3A
1
common..:
82
45
A
High
700
11
•
Distillers
Feb
Burma
—
10
Arkansas Natural Gas
(E L)
Jan
•
American Thread 5% preferred..
American Writing Paper common
Amer
Bruce
3 V»
1%
2
American Seal-Kap common
Oil
Jan
Jan
2
•
Post
Brown
2%
300
937A
155
1%
1
Republics
Superpower Corp
Feb
Jan
9
25
B
Anchor
Rubber Co
"l3A
22%
50
25
Products Co
Low
17'A
•
Forman
400
18 Va
25
American Meter Co
American Potash & Chem class
Ainer
~2%
93 Va
93Va
20
common..
Range Since January 1
High
16%
—
10 s
Class B
37/8
Jan
Jan
5Va
'
25
American Mfg Co common
American Maracaibo Co
Metal
dep rets ord reg
Butler
•
100
16%
£1
£1
British Columbia Power class A
Light—
Co
American Light & Trac
6%
preferred
v.
Jan
Jan
—
1
common—;
Loxo
Par
*,.
dep rets ord reg
87
—,-100
&
Shares
Celanese Ltd—
79
'
2n/4
American General Corp
common—.,10c
$2 convertible preferred
1
$2.50 convertible preferred
1
Class
7%
3'A
'
2
100
1
American
Feb
Feb
V2
V
900
53A
1
common
Power
&
l'/a
2Va
&OV2
*
B
Fork
1
2 /a
*
common.
American Gas & Electric
43A%
preferred
American
Amer
British
Brown
*
American Book Co
American
6 Va
%3
common—•
common
American
American
200
53A
100
Co
dep rets ord bearer
Amer
7 9'/a
5
for Week
Jan
/a
12%
6V2
American
Amer
1
preferred..
Bantam
Class
Feb
.32
V/a
*
America
American
American
Jan
5%
-1
common
Sales
Range
of Prices
Tobacco—
600
100
common
cumulative
American
British
400
1
Aluminum Goods Mfg
Aluminum Industries
Aluminium
Jan
6
3
Inc
Fisher
Bros
53/a
2%
50
Internat Investing Corp
Products
(Mich) common
Altorfer
Feb
Bruck
Electric
Allied
Oil
53A
-50c
10
preferred
Great Southern
&
British-American
10
Air-Way
Allied
Jan
31'/a
-2
preferred
Alabama
Alles
3V2
2%
2
1
common
60c convertible
Alabama
20
Feb
--
fAireon Mfg Corp common
Alaska
32
32
.
1
Ainsworth Mfg common
Air Associates Inc (N J)
Investors
2Va
,o
—,
Supply Mfg capital stock
Surpass Shoe Stores
Convertible
100
4
•iZ
Agnew
Air
2 'A
--
common
Co
Alloys
Stores
Hat
2»A
warrants
Week's
Last
Sale Price
Exchange
Oil
—10
•
10c
Bickford's
Inc common
1
Birdsboro Steel
Fdry & Mach Co com.*
Blauner's common
17'A
8
Ridge Corp common
Blum (Philip) & Co Inc
1
"2%
1
Blumenthal
17%
♦
Bohack
7%
(S)
(H C)
&
Co
Co
common
common—1—
1st
preferred
Scrymser Co
Bourjois Inc
Brazilian
Traction
Corp
common—
Brillo
Mfg
Oil
Co
Jan
Continental
8%
Jan
Jan
7%
Jan
Continental Fdy & Machine,Co
Cook Paint & Varnish Co..
2%
Feb
3 Vo
Jan
Cooper
1,300
17'A
Jan
17%
Feb
400
8Va
Jan
9 Va
Jan
Copper Range Co
Cornucopia Gold Mines
75
2%
2%
17'A
17%
34
9
34 Va
300
Co
common
26 Va
26
13%
14
V*
30
*
1
34
26
Feb
43
Jan
Feb
125
Jan
27%
•'
Jan
8 Va
8 Va
8%
Jan
$1
15%
Jan
Cosden
400
8V4
Feb
9%
Jan
5%
22
22
25
10
10
10
600
1 fi
1 R
l fi
inn
22
8»A
Feb
23
Feb
10
Feb
16
Feb
Jan
'
1R
2Va
HV2
11 Va
12
•
36
36
37 Va
200
1,000
200
Jan
Feb
Feb
13%
Jan
Feb
40
Jan
2
1,100
2V2
Jan
9%
700
8%
Feb
-nr
2,300
10'A
10'A
700
2%
2%
Va
11 Va
36
V2
2V2
9
2V2.
•
5c
Pch
*
1
& Reynolds..
preferred class A——
11
Feb
-*
.
2 Va
1
1
common.—;———1
Corroon
Feb
13%
22
Co
Coro Inc
3,465
'
-*
Brewing
Corp
2%
Jan
Jan
11
Feb
%
Jan
Feb
HV'4
Jan
Jan
10
13%
Car-Na-Var
,
121%
25
—-——
Light & Power—*
Bridgeport Gas Light Co.
Bridgeport
34
•18
Feb
200
V4
8%
Feb
7%
7
2,300
8
7
100
Borne,
Breeze
*
7%
7'A
3
Blue
Petroleum
convertible
Courtaulds
common—
preferred
1
*
—
3%
3%
3V2
500
10
Jan
3%
13 Vs. Jan
4% Feb
14 V4
3Va
14
14'A
400
—1
5%
5
5 Va
3,900
50
49 V2
49
50'A
450
48'A
Feb
4 Va
4 V2
1,200
4%
Feb
37%
39%
Jan
Feb
6
Jan
51
Jan
Ltd—
American dep receipts
Creole
10'A
Petroleum
(ord reg)—£1
5
*
37%
1
1
1 Vo
4,800.
5.300
4%
43
IV2
Jan
Jan
Jan
29
'•
W.
"'*W
Tf.V"^
iffryft
* f, T^rr;
THE COMMERCIAL &
(966)
RANGE
•
W"
*
»«•
Monday, March 1, 1948
FINANCIAL CHRONICLE
EXCHANGE
CURB
YORK
NEW
_*
FEBRUARY 27
FOR WEEK ENDE1>
STOCKS—
New
Par
5%
Mfg
71/4
Jan
153/4
Jan
Feb
33/4
Jan
$4.50 1»1U> preferred
prior
Goldfleld Consolidated Mines
Feb
23/4
Jan
Goodman Mfg Co
Feb
Jan
Gorham
19 V2
Jan
Feb
104 Va
Jan
8
Feb
91/2
Jan
Mfg common
Graham-Paige Motors $5 conv
Grand Rapids Varnish
43/4
Feb
91/2
Jan
Gray Mfg Co
16 V4
Jan
Great Atlantic At
10
102
8
50
5
150
14
50
3/4
163/4
Ve
Gorham
■
14
Inc class A
Feb
14'
Grocery Stores Products
Gulf States Utilities $4.40
Dayton Rubber Co
Dejay Stores
Dennison
8%
common
Detroit
Gasket
Detroit
Gray
Iron
Detroit
Steel
Products
Diana
Distillers
,
&
Manufacturing—
18%
193/4
900
18
Feb
22 3/4
Jan
10
10
100
10
Feb
11%
Jan
900
2%
Jan
2 3/4
193/4
18 'A
20
1,200
18 >/4
Feb
2334
123/2
100
123/2
Jan
13 V2
53/8
53/2
600
53/8
Feb
6V2
Credit
Tar &
Draper
Corp
common
Feb
3'/4
Jan
Helena
Feb
14%
Jan
Duke
Power
Co
/»
£1
4%
100
36
Jan
37
Feb
75'%
25
75
Jan
76
Jan
Jan
8
12
Feb
14
3%
700
33/4
Feb
4%
Jan
13 »/8
100
12 3/4
Feb
143/4
Jan
Horder's
100
12
Jan
Malleable
Eastern
States
Iron
Corp
preferred series A
$6 preferred series B
—
76 3/4
Feb
69
69
70
375
66 %
Feb
79y2
Jan
57
Feb
58
Jan
Jan
Common
$5 pfd
of
beneficial
int
57
50
57
Feb
25
533/4
Feb
Hussman
shares of beneficial int
61%
11 %
11
11 Va
1,100
11
Feb
12
1
50
50
50%
650
50
Feb'
541/5-
93/a
93/8
Bond
&
Share
common.
Electrographic
Electromaster
Elliott Co
9>/4
Empire District Electric 5% pfd.
Empire Millwork Corp
Corp
Ac
preferred
•
5
Inc
Corp Ltd
Eureka
Pipe Line
Engine At Almlane.
new
com
Fansteel
Metallurgical
Fire Association
(Phila)
100
Feb
$2
div
1
Jan
22
Jan
5%
convertible preferred
Jan
Illinois Zinc Co common
Jan
jan
2 %>
Feb
92
-100
200
7%
~1V* "1V2
2%
Feb
98
Jan
Feb
8%
Jan
Feb
6%
11
B
12i/2
Jan
4,300
11/4
Feb
13/4
Jan
4iy4
50
4iy4
Feb
441/2
Jan
7%
7
'700
6%
Feb
8i/8
Jan
2& Feb
3%
Jan
281/4
21e
9,000
281/4
100
5c to
400
113/a , '
5.300
4
33/4
3%
153/4
15
10%
10%
46 »/4
46%
1,300
,
28
Jan
23/2
Jan
4%
Jan
*Jan
15%
Feb
14
Jan
33/2
15
210
46
Jan
1,200
2
Jan
34
„
-
Jan
481/4
1
•If
It
Feb
2%
Feb
1 ^
•It.
Jan
37
|!
I
Feb
17
161/4
Feb
1,000
4%
Jan
53/b
900
16%
Jan
183/2
Motor Co
Class
Class
-II
A non-voting
B voting
^
4%
173/4
5
•sOO
Jan
193/2
Feb
18%
173/4
Amer
1
8
Fox
4%%
Fuller
A)
100
1
Feb
7%
Feb
8%
»/4
550
13%
Feb
*7%
73/4
300
73/4
Jan
28 3/4
28 3/4
350
271/2
Jan
8%
1,200
7»/2
Feb
93/2
9%
Co
14
8
8%
Stores.
(Geo
4,100
283/4
preferred
conv
8
13%
shs
coupon
Royalty
Iron Fireman Mfg voting trust
Corp
common
Gatineau Power Co
.
common.
5%
preferred
Co common.
Alloys Co
General Builders Supply Corp.
5% conv preferred
Gellman Mfg
General
103/2
1,100
93/2
Feb
Jim
General
Electric
Co
71/4
dep rets ord reg.
General Finance Corp common.
5% preferred series A
General Fireproofing common
General Outdoor Adv 6% pfd—
Phoenix
~7%>
9%
1
12'/a
Jan
JE1
8%
—1
63%
Jan
16
84
Feb
Jan
86
73/2
500
7J/«
Feb
93/a
Jan
600
2
Feb
23/8
Jan
4'%
500
3%
Feb
4%
Jan
Feb
Jan
43/8
63/2
8
3/2
7
13/4
;
25
250
6y2
73/4
Feb
200
Feb
Jan
27
Feb
Jan.
8 3/4
8
'
8
Feb
Jan
Feb
351/2
jan
1001/2
Jan
~3%
"4%
4,400
3%
Feb
5%
Jan
133/4
13'/2
14 3/2
700
13%
Feb
18'/»
95
Feb
991/2
3
200
2%
Feb
3%
110
92 3/4
Feb
9^1/2
__
Glass
Brown
200
—
3%
33/4
4%
2,300
114
Jan
117
Jan
110%
Feb
110%
Feb
33/4
Feb
5
Jan
16
Jan
181/2
Jan
Feb
52'/a
Feb
11
•
"■
Co
148
Jan
353/4
Jan
108
105 '/a
Jan
323/2
Feb
36 3/2
Feb
69
69%
2,600
Feb
78 3/2
Jan
3%
300
33/8
Feb
4 '/a
Jan
11%
1,000
934
Jan
123/4
Jan
44
Jan
Jan
106
.
■
10%
x65
"
*
5%
2>/4
:*■ 200
17%
7%
Jan
Feb
\ 42»/2
Jan
2 '/s
300
26%
53%
-
Feb
34'/2
50
V'36
2%
Feb
Jan
Feb
2%
Jan
700
6%
.6%
1
16
■
./
.
■•/"/5
Jan
25
16
Feb
1,100
25'/2
Jan
26V2
Feb
300
523/4
Jan
54%
Jan
Feb
.16%
Jan
53/8
Feb
133/2
Jan
ll7/8
Feb
13%
9%
Jan
5
8,400
*
/ 12 'A
900
9% ' 10%
Feb
Feb
11%
1,000
5
12%'
11%
1,100
12
10%
Jan
Jan
Jan
12
133/4
Jan
903/2
94
13% xl4
52%
53'/2
10 3/4
10'/2
13 y2
9%
73/2
Feb
15
Feb
1,300
1%
14%
1%
Jan
13'/s
3.900
14
Jan
973/2
400
10%
94 Va
Feb
300
523/2
Feb
92%
300
13%
92%
.«•
9%
Feb
58'/a
Jan
Jan
233/8
Jan
10'/8
Feb
13
Jan
Feb
123/4
Jan
13%
Feb
17
Jan
100
P/8
Feb
2 Ve
9%
800
9%
Feb
113/a
Jan
7%'
100
7'/2
Feb
8'/2
Jan
1,300
1%
Feb
13A
Jan
625
16 3/2
Jan
18»/b
Jan
3/8
400
4%
Jan
5%
Feb
ifr
200
%
Jan
1
Jan
1%
l'/4-
1%
52%
10%
/
_»
"1 v
17 3/4 xl8
*
ctfs.
5
5
' 5
'
%
•
Jan '
Feb
93/4
Jan
43/4
Feb
6
Jan
300
43/2
Feb
53/4
174
buU
4%
Feb
5
233/4
1
1
common
6
1,-no
4%
Feb
6 3 4'
800
c|/.
5
f
43/4
4%
■
^ 74
% 74
*
73/2
c
1
common
*
Jan
Jan
253/4
Jan
15'/4
Jan
K
Kaiser-Frazer Corp
1
Electric 1%
pfd.
1233/4
8'/a
Feb
50
123 3A
12
16
•
Feb
125
Feb
100
12
Feb
14
Jan
500
15'/a
Feb
16
Feb
8%
Feb
93/4
9
Jan
101/2
101
12
15%
3
Jan
8 >/2
8 »/2
50
9'/2
9%
3
9%
200
-100
1
—
1
33/4
1
♦
(D Emil) Co common
(I B) Rubber Co—
15
33/4
.
~
15
1A
,'"13/4
12%
123/4
•
.
3%
Feb'
53
Jan
Jan
40
Jan
13
Feb
143/2' Jan
900
1,100
16
1%
13
.
43/4
14%- Jan
17%
>
li3«
Jan
12 »/4
">■
2,300
Feb
Jan
Feb
1^ Jan
13%
Jan
14>/2
14
Jan
14'/a
Jan
23 "V
"50
213/4
Feb
233/2
Jan
7 ;
800
6%
Feb
6%
6%
100
15
Krueger Brewing Co
.
Feb
33/4
4,000
400
<■«
143/2
1'
1
Jan
23 v
'".10
Kleinert
Knott Corp common—
Kobacker Stores
13%
xl3 - "
13
1
1
Kirkland Lake Q M CO Ltd
Feb
103
371/2
-100
preferred D
King Seeley Corp_.
Kingston Products.
Kirby Petroleum
Jan
45'/2
.100
pfd B
5%
Klein
83,500
1233/41233/4
12
Kings County Lighting 7%
103/4
8 3/8
8%
.100
—
Kennedy's Inc.
Key Co common
Kldde (Walter) Ac Co—
Kimberly-Clark Corp—
4%%
preferred
8
3% Jan
Feb
17'A
Jan
X22%
.2.50
—
Feb
12
Jan.
24 %
1,600
21%
Feb
253/b
Jan
1
Lakey Foundry Ac Machine
1
Lamson Corp of Delaware
5
Lane Wells Co common1
Langerdorf United Bakeries class A„*
—
Monotype Machine—
La Salle Ext Jniversity.
19%
207/s
2,200
Jan
213/8
Jan
Lefcourt
15j/4
16
1,300
14%
Feb
21%
Jan
Leonard
14
14
300
131/8
Feb
14%
Jan
Le Tourneau
183/4
''
15'A
400
xl4%
Feb
16
Jan
11
11%
117/B
2,500
97/a
Jan
11%
Feb
1,000
6'A
Jan
8'/a
Jan
1,200
7'%
Feb
8 3/4
Jan
700
20 3/4
Jan
23
Jan
27j/2
Jan
28
Jan
22
Feb
24
Jan
183/a
Feb
21
6%
7
73/4
-8
20%.
21 3/4
•
*
Class: B
19%
15%
8
Laclede-Chrlsty Clay Products
Lake Shore Mines Ltd
153/4
Jan
Jan
140
'
.—1
Lanston
*
Jan
44'/4
100
|v
14
Inc—
26 3/2
Feb
Feb
Feb
•
Julian Ac Kokengs Co
Glenmore Distilleries class B.
Coal
Feb
41%
31%
5
—5
Sulphur Co
Stores
Globe-Union
Alden
24
'20
30
Jan
114
114
Preferred
Glen
■
Jan
94
52 ya
Gladding McBean Ac Co
Gleaner Harvester Corp
Jan
Jan
150
26%
44
93/2
4
"/
Jan
'23/4
923/4
--
23/4
94
(A C) common
Co
Feb
Jan
•
Mines.
1,800
8%
"3%
-
Giant Yellowknlfe Gold
100
98
30
30
•
100
8 >/2
preferred
Gilchrist
10%
2%
7%
-10
Corp
Georgia Power $6 preferred.
Gilbert
Feb
73/4
2B
1
General Plywood Corp.
1
General Public Service $6 preferred—*
General Shareholdings Corp com
1
$6 convertible preferred
*
$5
9
23 3a
—
Feb
33/2
Jan
2 %■
•
7%
200
Jan
Feb
30
Ltd—
Amer
General
700
93/4
84
84
.100
1,800
*
Preference
Jan
19
——
—1
9
3%
Jan
400
11%
.10
Irving Air Chute
Italian Superpower A
Jefferson Lake
Jan
G
9%
Jan
11
PMW*
Kansas Gas Ac
—
Jan
55 5/a
53
53 V2
Kawneer Co.
Garrett
23 »/4
Feb
23%
Investors
Jeannette
Jan
2
7%
—1.25
(Peter) Brewing
Franklin Simon Ac Co Inc—
Franklin
13/8
8
dep rets bearer-
Feb
52 3/2
7
V
Ford Motor of France—
Fort Pitt Brewing Co
Feb
1*
Ltd—
Amer dep rets ord reg.
Ford Motor of Canada—
l»/8
100
26%
50
shares
II
International Products
,
International Safety Razor B
International Utilities common
Interstate Power $7 preferred
Registered
XVC^lBtUlCU
Feb
1
•
Ford
Feb
100
6 Ve
Jan
183%
$1 Stores.
1 i
Jan
12
Jan
Feb
2,300
23/4
93/2
10 5/8
12'/4
46'/2
-
Jan
Jan
2iY
281/4
11'
Jan
IO'/b
973/2
36%
16
imperial Chemical Industries— "
Amer dep rets registered
Imperial Oil (Canada) coupon.
Registered
Imperial Tobacco of Canada
5
Imperial Tobacco of Great Britain
Ac Ireland
£1
Indianapolis Pwr Ac Light 4% pfd—100
Insurance Co of North America
10
International Cigar Machine
•
_i7
111/2
Feb
Feb
34
*v
50
•
Illinois Power Co common
23/4
1
preferred
(M H) Co—
Feb
9V4
Jan
^41/2
3%. Feb
19
Feb
17%
.lOo
cum
Fishman
10%
600
11% Pan
I4&'
i"eb
451/2
lio
First York Corp common
150
9%
.
Feb
•
103/4
4%
8*
Feb
15
Jan
36
42
1
11'/a
125
6 V\
151%
__1
Jan
Feb
Jan
International Petroleum
Falstaff Brewing
11
'
8»/4
Hi/4 -Jan
Feb
91/4
>126
Jan
<
International Hydro-ElectricPreferred $3.50 series
International Metal Industries
Fairchild
Feb
Feb
10
32%
-1
100
Fairchild Camera Ac Inst Co—
,10
10
550
41%
1
-
125
.10
Jan
600
warrants
stock
800
-1
common
500
*s
2 y4
_1
Eureka
Jan
14%
140%
l0»/4
common—•y
I6V4
41 y4
Jan
I i(j y2
6%
1,000 '
83/4
3%
43
1%
Feb
Feb
Feb,'
8
69 Ve
15%
_1
Jan
7%
iiy2
106
42
7%
2 3/b
Jan
36
100
5
16
1
Jan
Feb
32
42
_10o
common
convertible
Esquire
Equipment
3%
140
10
2 V*
Feb
10 VB
8y2r'
50
Inc.
common—
preferred
Vjuity
30
203/4
20%
87/s
900
12,800
V;
129% 130
Corp
Derrick
93/4,
93/4
9%:
Electric Power Ac Light 2d pfd A
Option warrants
Jan
100
•
•
Huyler's common
1st
preferred—.—
Hydro-Electric Securities.
Hygrade Pood Products.
JanJan
65'/2
55
1
Electric
S3
31/0
55
Easy Washing Machine B
Emsco
Feb
23/b
100
57
57
563/4
2%
xl3% X133/4
44
$2.25 preferred
•
7'/4
6%
7'/4
26/
Co
Refrigerator Co
200
.*
Jan
Feb
3%
Ac Refining:
78%
2%
Jan
383/2
8y4
Hurd Lock Ac Mfg
763/4
2y4
Jan
5%
Feb;-'
1%
53
preferred
(Harvey) Inc
Humble Oil
Jan
Sugar Associates—
shares
I 5%
*Jan
Feb
19 3/s
Ac Hardart common
78 %
*
$7
Com
43/4
Feb
93/2
Feb;
6%
6 Va
Ac Co common.
Baking Co
(Geo A)
85
-25
—
7%
Inc
100
Eastern
Eastern
31/0
400'
33/4
Jan
—
53A
100
5%
1,500
Holly Stores Inc—
Holophane Co common
13%
100
preferred
700
x8
%.
Jan
3%
Jan
—
—
104
Jan
100
51
Heyden Chemical common—■_
Hoe (R) Ac Co class A_.
125
Hormel
33/4
9%
30%
Henry Holt Ac Co common
5%
6%
5
preferred w w
Jan
33/4
•
Jan
Feb
96 3/4
Hubbell
preferred
7%
7%
9%->
Jan
37
12
.
Feb
441/2
"
9%
8
•
138
Feb
10%
73'/2
Horn
prior
.*
A
/v
Horn Ac Hardart
4%%
10
8%
Jan
Jan
X393/2
10
Feb
68%
-
-
1
common
1033/41033/4
8%
5
*
Feb
37
•
Ac Fuel Assn
8%
Holllnger Consolidated Q
Duro Test Corp common
East Gas
83/4
200
103
135
*
"9%
75»/2
Duval
Texas Sulphur
200
Feb
5%% preferred w w.
67
68
—*
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
Durham Hosiery class B common
39%
39%
Heller Co common
v
-
39%
.
91
10'A
2%
II 3/8
Class
-10
Jan
325
Rubinstein
800
400
•
*
,
Driver Harris Co
Hecla
2%
•
Dominion Textile Co Ltd
9
95
Dept Stores common
Mining Co-
Hearn
Jan
II'A
Ltd.
Chem Co
Feb
12 >/2
23/4
-0'
.25
Steel & Coal B
14%
Feb
II'/4
2%
_1
Corp class A
Ltd
Dominion Bridge Co
Feb
93/4
500
10%
Feb
300
i-
10
25
Hartford Rayon common
1
Harvard Brewing Co
1
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc
1
Hazeltine Corp
•
14%
"93/4
73/2
8
•
Paper-
Hammermill
Jan
—1
Jan
200
Hartford Electric Light.
Jan
JE1
common
Jan
7%
6%
H
Jan
123/2
53/8
.500
183/2
Feb
13%
6%
100
Lamp Co
Hamilton Bridge Co Ltd
Jan
12 «/2
common—
Feb
92
common—25c
Hall
23/4
65
7%
Jan
23/2
Feb
6%
,
12 >/»
Jan
10 V2
Ltd
Co
Dominion
7!/4
Jan
10
B
Amer dep rets ord reg
Domestic
Feb
1
Jan
54
12 3/4
50 '
Feb
Jan
6
9%
18 3/2
10
class
Corp
Dobeckmun Co
Dominion
35 3A
35
100
30
Jan
93/4
Feb
6'/2
Jan
56
Jan
500
93/4
1
Foundry
Raynolds
Stores
7V2
100
debenture
Devoe &
Feb
6
6
~93/4
t
Mfg class A common
Feb
10
353/8
35%
BOo
B
37!/2
6%
300
63/4
63/4
—38
class A
common
Derby Oil Co
~63/4
1
Davidson Brothers Inc
Jan
34
100
54
Jan
Jan
3/4
Feb
55
6%
.25
,
pfd
Gypsum Lime As Alabastlne
91
Jan
%
1
.100
—
Jan
Feb
85
13%
*
stock.
common
28'A
700
8
Non-voting
.2.80
~6% ~6%
54
Jan
Jan
Feb
\
4,300
'V
Pacific Tea—
7% 1st preferred
Great iiumuotu Paper.
UlCtlh Northern
m.
Davenport Hosiery Mills
1
50
*
10
pfd—25
1
3%
50%
22 »/4
20
%
%
%
A. j
1
Feb
1,900
4
_2.B0
33
85
fl.UU
Jan
Feb
2 3/2
300
22%
85.
Class B
Feb
—
High
Low
200
2%
2%
22%
Jan
"17%
8
8
(Mo)
Co
Jan
102 Vb 102 Va
Cuban Tobacco common
Curtis
7
2
400
16%
16%
..5
common-
Feb
Range Since January 1
High
Low
42
3'/4
200
2
Shares
1
.(Adolf) Inc common.
Godchaux Sugars class A_
Gobel
Jan
28*
3%
2
2»
.100
Curtis Lighting Inc
73/4
15
.10
preferred—
Feb
5»/8
50
3'/4
.25o
Drug Co common
Crystal Oil Refining common.
$6 preferred
Cuban Atlantic Sugar
6%
.
1,300
15
15
Crown
400
~5% ~5%
5%
A_
for Week
Par
53/4
International
Cork
Range
of Prices
High
Low
7
Curb Exchange
York
New
Range Since January 1
High
63/4
Crosley Motors Inc
Crowley Milner & Co
Crown Cent Petrol (Md)
Crown
Shares
Low
Last
Sale Price
STOCKS—
for Week
of Prices
Sale Price
Exchange
Curb
York
Range
Last
Sales
Week's
Friday
Sales
Week's
Friday
Realty common
Oil Development.
(R G) Inc
5
5
1
,—25
1
18%
18'3/8
100
6
.
Feb
9'/2
Jan
10
Jan
Jan
Jan
Feb
2,500
800
6'/2
16
l»/2
Jan
Feb
19%
Jan
V olume
THE
16T^;^umber'; 4677
COMMERCIAL; A FINANCIAL CHRONICLE
YORK
CURB
RANGE FOR WEEK ENDED
Friday
STOCKS— .:.,
York
;...-'. New
Last
{...
EXCHANGE
FEBRUARY 37
~
Sales
Range;
Sale Pricf
Exchange,
Curb
Week's
(967)
Friday
for Week
of Prices
New
Range Since January I
York
Curb
Week's
Sales
•
Last
Exchange
Range
for Week
Sale Price
STOCKS—
Shares
of Prices
Shares
Range Since January l
'
Par
Lionel
(Thos J)
Brothers
Loblaw
Inc 6%
16%
200
18%
18 Va
1814
600
preferred—25
-.
*
class
Star
Corp
5
i
.
Longines-Wittnauer Watch Co
7%
ctfs of
n
dep
Ogden Corp common
Feb
Ohio Brass
Feb
23%
Feb
Ohio Power 4%%
23%
22
Feb
20
i Feb
18%
2,700
18
Feb
20%
Jan
7%
1,000
Feb
8y0
Jan
7%
tt
%
Feb
Oklahoma
Jan
preferred B ctfs of dep
& Exploration
Power & light $6 pfd:
%
Jan
1
*
2
53%
Feb
60
Corp
15%
16%
6,000
10
75
16
15%
47
Feb
15
300
55 y4
Feb
110%
Public Service
Co
5%
200
5%
10
Jan
Pacific Gas 81 Elec
6%
Feb
6%
pfd
1st preferred
Feb
167/a
Jan
Feb
13%
Feb
Feb
23
Feb
Mapes Consolidated Mfg Co__
•
37%
Feb
37 %
Feb
2%
Feb
2%
Feb
Parkersburg Rig & Reel
Jan
Patehogue Plymouth Mills
International
Communication
Marion
Power
Co
Massey Harris
__
$1.30
Parker
£1
Shovel
10
:
S
common
5%
Mfg Co
334
1,200
8%
Feb
10%
13%
13%
200
13%
Feb
15
convertible
McClanahan
McCord
Oil
preferred
Co
4%
200
5%
6%
Feb
5
Jan
Feb
6%
Feb
1%
Feb
2
Jan
Pennroad Corp common
Penn-Dixie Cement warrants
1
Corp common
preferred
$2.50
McWilllams
Memphis
6c
6Va %
39%
11
f
25
39%
'
__
_*
11
2,100
600
Feb
Penn Gas
75
38%
Feb
40
Feb
Penn
Power 6c
100
9%
Feb
12
Feb
Penn
Traffic
21 V
21%.
1,300
7
6%
7%
5,300
1%
1%
2,300
5%
5%
100
warrants
1%
,
preferred
Messabi Iron Co
1
Metal
21,
Participating preferred
~3%
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co
1
1
Jan
Feb
Micromatic Hone Corp
1
Jan
1%
Jan
5%
Feb
6%
Jan
Perfect
Feb
110%
Jan
Pharis Tire
_3%
t c
v
43%
6
Circle
10
on
Ex-distribution
Midland
Oil
Midland
Steel
$2
Corp $1
Co
pfd
87
Feb
Jan
Feb
7%
8
200
7%
Feb
7%
8
7%
Feb
6Vs
•••
20%
6y8
Oil
Midwest
300
6%
Miller
Co
4 %%
Co
•
1,500
r
P
&
L
Public
preferred
Loan
Montana
5%
pfd
Utilities
Ward
Jan
Pittsburgh Bess 6c Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
Pleasant Valley Wine Co
Jan
Pneumatic
Jan
Polaris
Jan
Feb
7%
Jan
4"
10%
Feb
13%
Jan
24
Feb
26%
Jan
19%
Feb
22%
Jan
4%
Jan
Pratt 6c Lambert Co—
Co
50
7%
15%
9
Powdrell
.
6%
6
1%
x25
Bellas
Hess
Alexander common
&
National
New
Jan
Jan
2%
200
102 %
Feb
100
4%
Feb
57/a
Jan
Feb
54 y2
Jan
Jan
5%
Jan
Feb
57%
Jan
Feb
11
Jan
Feb
8% Jan
63A Feb
6
Jan
40
National
Rubber
Steel
National
Transit
(Herman)
Neptune Meter
Nestle
New
Mexico
New
Park
New
&
Feb
6 y2
Process Co
Y
&
N
Y
11%
300
11
170
7%
Feb
1,000
Jan
V
11%
173
*
;•
'
36 y2
Feb
4%
98
Feb
100 y2
25%
Jan
28%
27%
Jan
iV Jan
12
28%
500
11%
12
500
113/4
Feb
13Ve
Jan
12%
12%
300
llJ/2
Jan
12%
14%
14
300
5%
5%
200
•
5%
Feb
Class
B
Northern
2%
6,900
2 3/4
Feb
3V2
Jan
810
31%
Feb
35 y2
Jan
33 y4
Feb
34
Northeast
11%
Feb
12 Va
Jan
11%
12
12%
12%
3,100
12%
Feb
13%
Jan
32
Feb.
16
Feb
16
16
100
17%
8%
8%
8 5/8
10%
10%
1,000
10%
8%
..
Rights
North
w
Penn
Packing Co
400
,
100
Feb
$3 convertible preferred
Raytheon
Manufacturing
Reed Roller Bit
see
Jan
Regal Shoe Co
Reis (Robert)
&
Jan
Reliance
17%
Feb
Rice Stix
10
Jan
Richmond Radiator
11%
Feb
40
Jan
'■
-
Jan
Jan
10
9 V4
""-1/
—
Jan
95
150
38%
40
600
A 98
*
Feb
Feb
Feb
14
8
Jan
Jan
43
12
— mm
— —
36%
__
Jan
Jan
8 3/4
Feb
83%
86
83%
230
145
60
Feb
144
Feb
Feb
90%
151
Jan
Jan
13%
Jan
Jan
1%
1%
11,700
1%
Feb
2%
14%
14%
14%
100
14%
Feb
17 y8
%
10
—•
*
5
Feb
50
29%
Feb
31
Jan
31
Feb
34
Jan
30
31
—
30
31
100
iy4
Jan
Jan
5%
Feb
/
'
5%
6%
20
—
20
4%
3,500 i.
~5%
Feb
8%
Jan
400
19%
Feb
21%,
Jan
Jan
4%
800
2%
2%
1,100
2%
Feb
3%
Jan
20%
20%
450
18%
Feb
24%
Jan
25%
4%
2%
20%
25%
26
300
25
Jan
27%
Jan
4»A
Feb
5%
Rio Grande
15%
•
Jan
1
Co
Electric
6c
Engineering—:—5
Dry Goods
*
1
Feb
4%
3%
Jan
Rochester Gas 6c Elec 4%
10%
10'%
300
8%
Jan
11%
Jan
Rolls
13%
Feb
14 y2
Jan
4%
Feb
5
Jan
Jan
92
Jan
Roosevelt Field
Jan
Root
Jan
Rotary Electric Steel Co
2
3%
/
3%
W*
2
,
500
3%
Feb
4%
Jan
1,000
1%
Jan
2Va
Jan
Feb
Feb
3%
1
Valley Gas Co—
(Texas Corp) v t c
2%
—
-
~4%
"4%
86%
87%
50
4%
4%
300
4%
11%
11%
50
10 3A
60%
60%
61%
2,200
59%
6'%
6%
6-%
1,000
1%
1%
200
:
--
1,800
84
100
10
1,500
6
Feb
12 Va
Jan;
Amer
Rome
dep rets for ord reg
Cable
Corp
11
common
64 3/4
Jan
8%
Jan
l3/4
Jan"
Russeks Fifth
Ave
Feb
77
Jan
10%
Jan
Ryan
Feb
29
Jan
15
Jan
10%
Jan
£l
5
9%
200
4%
800
18%
8%
—
—
18%
8Va
100
100
Feb
Feb
5'A
Jan
25%
Jan
17
Jan
20
Jan
7%
Jan
8%
Jan
Feb
14'A
*
4y8
8%
5
—
8y2
4]A
97/a
5 V*.
Jan
14%
Jan
10
1
Petroleum
9 Va
4%
24%
4%
—
1
•
Co
Consolidated
9'A
4%
—
1.25
common
Ryan Aeronautical
Feb
Feb
Jan
48
10
Rowe'(The) Corp common
Royalite Oil Co Ltd
Feb
14%
92%
Feb
1
Co—
Feb
27
Jan
42
5
Inc
Petroleum
1%
9%
87
*
pfd F
Royce Ltd—
6
75
~9%
9%
Feb,-.
lo
Jan
10
Jan
5
Jan
500
3%
2,100
8%
Feb
1P%
Jan
5
Feb
6%
Jan
Jan
Feb
14%
Feb
16,500
7
92
140
104
1,500
u
Feb
8%'
:
9%
9%
8%
500
Jan
Jan
117
tt Feb
10
2,300
8%
Jan
9%
Feb
Feb
14
14
14%
15%
3,000
14%
7 Va
4,500
67/a
193 3/4 193%
2,138
100
12
II
1
7
193%
7
%
Jan
St Lawrence
United
11%
Jan
14
Feb
Sayre & Fisher Brick Co
Schulte (D A) Inc common
lfg
Inc
(Del)
Jan
Scovill
Feb
Scullln
Steel
7%
193 7/a
Feb
Securities
Co
600
33%
Feb
43
Jan
8eeman
33%
Feb
43
Jan
100
2%
Jan
3
Feb
Segal Lock & Hardware
Selby Shoe Co
500
15%
Feb
19%
Jan
Selected
5,300
2%
Feb
3%
Jan
Convertible stock
1/64 Feb
%
Jan
$5.50
16%
2%
3
1/64
11,700
50
90
'
98
98
36
36
*
Corp General
800
15%
3
25
common
35
2%
36%
1,200
7%
7%
1,200
21%
21%
100
25
Jan
92
Jan
97
Feb
103
34%
Feb
7%
Bros
Inc
Industries
33.
6
800
2%
2y2
3JA
100
100
2%
.
5,200
2y2
3y4
—
2%
3,400
—
common
Feb
13%
Jan
Feb
37%
Jan
Feb
12 y4
Jan
Feb
2%
2%
Jan
3%
Jan
3
Feb
4%
Jan
2V2
Jan
3%
Jan
8%
29
Jan
1,400
11
100
'
Feb
33
10%
Feb
12%
Jan
Feb
2%
Jan
27
Jan
2
IOO
Semler
Jan
Sentinel
Feb
8%
Jan
Sentry
Safety
Jan
22 Va
Jan
Serrlck
Corp
B)
Inc
Radio
Corp
common
Control
class
B
2
18%
Jan
2
Feb
2%
Jan
21
Feb
24%
16%
2 Va
1
2
2%
14ya
25
28
2
—-
74
"2%
:
2Ya
2
13%
.
' 74
3,200
4,600
14 Va
-
1,150
74 ya
150
2
1
1
1
1
Feb
Feb
2%
Jan
Jan
13%
Feb
18
Jan
74
Feb
82
Jan
Feb
80 y2
Jan
4%
Jan
5%
Jan
1%
Feb
2y4
Jan
1
Jan
1%
Jan
Jan
11%
Jau
78
certificates
Jan
42%
(R
1
•
1
*
27
11
27
5
Inc
stock
prior
Allotment
,
'
21
900
10%
8%
2ya
30
9%
9%
Jan
Jan
1
Manufacturing
18 y8
Feb
Feb-
35
2%
15%
7%
Bavoy Oil
9
29
29
—1
-1
25c
1
Corp common
Jan
9
8%
—
50
T
33%
__
—
•
Corp Ltd
pref
Class A $2 conv
Salt Dome Oil Co
33%
■
33%
.
190
Feb
1
common
Jan
102
■
Ryerson & Haynes
200
Jan
8 3A
Feb
%
17%
Feb
525
106% 107%
106%
•
Jan
Feb
1%
•
3%
1
page
Jan
89
13
1
15%
Feb
common
Co
1,200
1/64
footnotes
Jan
11%
Jan
_1
common
3.500
—
For
13%
Feb
144
10
common
2%
1
Aircraft Inc
Feb
10%
Light Securities-
&
"4%
5
Novadel-Asrenp Corn
11%
275
R
2%
Northern Indiana Pub Serv 5%
pfd_100
Northern States Power class A
25
Northrop
600
10%
94%
95
83%
4 Va
•
I
12
•
2%
•
Co
Feb
Jan
~9% _9y4
9%
100
4%
i
RR
4y8
•V.~7
.
38V2
.14;
-V
Feb
10%
15%
*
Airlines
Jan
Feb
»
Central Texas Oil
3%
97%
Raymond Concrete Pile common
33%
15
Utility Securities
Jan
500
Jan
Jan
2%
1
common
14 %
4
15%
90
•
•
§
10
Manufacturing
Samson
North American Rayon class A
North American
25
15%
Jan
6
Feb
31%
5
:
Jan
5
94%
Rath
2%
14
common
Feb
—
Jan
15%
32%
5
Light 6c Power
preferred
4%
10%
preferred__r—100
Quebec
'
*
Amer
400
Jan
Railway & Utility Investment A
14
Electric
$6
4%
9%
$5
Voting
100
North
Jan
4%
3%
Jan
5%
2d preferred
Glass B optional warrants
Noma
10%
Feb
27 %
~7%
Mines
Jan
Jan
95
Hundred Corp B
8%
'
~7%
Nineteen
600
of Colorado—
Quaker Oats common
6%
preferred
Power Co
Feb
94%
Nlpissing
Jan
9%
1
Jan
~7%
com
61%
Jan
14
95
Niagara Share Corp class B
Feb
Jan
30
1
Niles-Bement-Pond
58%
Jan
Jan
Jan
33/a
1,500
1
Jan
35%
100
common
340
100
Gas
Pyrene
III
1st
61%
Jan
Jan
preferred
5%
Feb
60%
Feb
Jan
Shipbuilding Corp—
Founders shares
41
9 Vs
33/b
10
Niagara Hudson? Power
Jan
Feb
4,000
23/4
Jan
Feb
•
N Y Merchandise
13 y2
—1
Feb
«
I
Honduras Rosarlo
Feb
Puget Sound
Jan
27
Ja«
1
Y Auction Co common
N
Jan
xl 1
Corp of Nevada
Feb
104
12%
25
common
N
2%
300
Jan
Feb
Feb
Feb
263A
HI_1
1
Jan
2
Jan
Feb
2%
700
2y8
4% %• / cumulative
J an
100
20
Arizona Land
Mining Co
600
2%
11%
37
*
600
1
convertible preferred
New Jersey Zinc
2%
11%
Jan
Providence
1,400
*
4%%
Jan
28'/a Jan
l'A
Jan
1 ff
Iiou
Co
2%
,
15/B
6%'
5
Watch
Feb
13/b
33%
13%
common
Clock &
22 y4
1%
1
Le Mur Co class A
300
Jan
9%
8%
Jan
29%
5
Haven
23%
•
x25
•
England Tel & Tel
22%
-
1,400
11%
Prosperity Co class B
13%
Corp
New
700
„V
Feb
30c
New
73/4
10'/a
Feb
Roeser & Pendleton Inc__
Nelson
93/8
6%
93A
23/b
•
common
4J/2
600
2%
4
National Union Radio
9%
300
Jan
1
:
200
1,200
4%
87
7%
2
Ltd
48
200
10
6aA
10%
Jan
29 Va
_l.
Machinery-,
Car
50%
9%
45/8
11%
*
100
Producers
5%
__
2
National
50
.
7%
700
U
4%
10%
1,100
%
40
.
10%
3,000
A
1,850.
10%
7
3%
41%
mi
Jan
Jan
1
of
3
3%
5
105
America
Metals
23A
11
102% 102%
15%
Jan
1
common
Feb
Jan
~4
23/4
170% 171%
•
National Radiator Co
Jan
24
6y8
"4%
Feb
•
Pressure Cooker common
45
9%
2%
30%
25
National Mallinson Fabrics
National Mfg & Stores common
Jan
Jan
Feb
61
Pressed
Power <& Light—
prior preferred
Puget Sound Pulp & Timber
Pyle-Natlonal Co common
6%
1
National Fuel Gas
43
50
4
*
2.50
2%
10
common
Jan
320
2.50
of Canada common—
2%
7
2%
2.50
common
99
41
7
50
100
preferred
Feb
60
44
2%
Prentice-Hall Inc common
N
National
80'
Jan
2%
Jan
99
7__10
National Breweries
Jan
4%
11%
Jan
•
s
Feb
2l>/a
9V4
14
400
x25
•
common
30%
Feb
4
4%
19
lo
Corp
Inc
Feb
173/4
6y8
10
25c
1st preferred
Railway
Namm's
23
Jan
50%
Radio-Keith-Orpheum option warrants-
Nachman
600
.
6
—
Feb
•
—
6
common
Mining Co
Public. Service
10c
common
13
2,900
40
Feb
130
*
common
26%
12%
Feb
X90
'
5
13%
'
600
__
5c
Feb
12
6%
102%
18
1,600
—-
11
Feb
10
Jan
2 V.i
;;
170%
Murray Ohio Mfg Co
Muskegon Piston Ring
Scale
Feb
7
5
Jan
Feb
T*"
6
10
23%
13%
2%
,
A
Producers
Muskogee
14
1
States Power common
States Tel & Tel
Mountain
9
Pitney-Bowes Inc
-7%
550
18%
1
:
partlc pfd
Morris Plan Corp of America
Mountain City Copper common
Mountain
20 Va
14
1
common
■
2y8
2
50
50
5
1
5
1,500
__
18%
*
Investors
Mountain
Jan
Feb
100
common
Jan
6
1
9%
7
Feb
5%
—
14
,
Jan
15
5,700
24% •;
-•*
44
——
1
Piper Aircraft Corp common
10,300
•
—
19%
50
Society A
Dakota
Montgomery
Moody
x8%
18'/a
'
*
Service
Molybdenum Corp
Monogram Pictures
Monroe
20 Va
50c
Mining Corp of Canada
Minnesota
14%-
——
1
common
convertible
Missouri
8y8
--
10
common
Refineries:
Wohl
19
50c
Piping & Supply
Mid-West
-
Pinchin
Pioneer Gold Mines Ltd
Jan
3%
814
*
96
Feb
shares
Jan "
Feb
2%
Power Corp
Mid-West Abrasive
Midwest
14%
600
Johnson Ltd Amer
7*/4
9
,
Products—
common
Jan
Jan
14
Jan
1%
•
conv
44%
5%
*
■
104'/a
—L,
22%
Jan
8'
•
dividend shares
non-cum
Midvale
5
Feb
23%
23
—
•
Feb
1,100
__
101%
23%
63/4
4%
1,100
20
_.
V
12
Phillip's Packing Co
Feb
7%
5
Jan
150
12
50c
Philadelphia Co common
43
_
Middle West Corp—
Distribution
Jan
31 y8
—
11%
•
•
Jan
6%
-
—
10%
24
2.50
Corp
6c Rubber common
4%
7%
l
35%
Jan
91
—
—
1
20
Feb
1%
t e__1
v
Feb
--
12
*
Pep Boys
,
3%
1,700
1%
—
1
Middle States Petroleum class A
B
6
10
Jan
7%
Feb
33%
20
% 1
100
pfd
(The)
Pepperell Mfg Co
i%
*
Preferred
Class
43%
2.50
Jan
*
Penn Water 6c Power Co
25%
-7%
3%
15
Jan
10
6%
103% 104
-
Pierce Governor common
Corp
Jan
17y2
303/4
2.50
Feb
25c
Textile
17%
Jan
7%. Feb
4%
Co
Feb
108
3 Vst
Light 4%%
5%
>-
100
1
500
Jan
15
.
1
<fe Elec class A common
28%
21
1
Scott
&
A
33%
16%
—
•
25
$1 cumulative preferred
Feb
5
common
-
23
1
Natural Gas
Mfg Co
Chapman
Merritt
\
"l %
23
23
•
Co
"1V2
i>/2
*
Dredging
Mead Johnson
Menasco
4%
10
common
33%
9
Jan
7
Jan
4%
-~
1
common
100
11%
1
•
Peninsular Telephone common
McAleer
500
7%
30%
rn**m
5
Co
Pen
9 !4
9',4
.
16%
7%
--
Page-Hersey Tubes common—
•
Pantepec Oil of Venezuela Amer shrs_Paramount Motors Corp
1
Marine
Ltd
15%
7%
*
15
Marconi
Jan
Jan
200
.
*
12'<
'
34'A
600
77/a
337/a
25
25
*
100
Pacific Public Service
Jan
21%
Co
Feb
30%
7%
8
1st pfd
1st preferred
»
common
(The B)
Jan
15%
Pacific Can Co common
18
1
Stores
Manischewitz
Jan
109%
Feb
Jan
Jan
Feb
15
112
:
Mangel
1%
36%
Feb
1%
Jan
18%
Feb
Pacific Power 6c Light 5%
5%
Jan
106
1
Pacific Lighting $5 preferred
5
33
50
-
30%
1
Securities
Jan
150
700
1%
36
106% 107
1
*
_
O'okiep Copper Co Ltd Amer shares
M
Maine
Gas
Filters B
Omar Inc
5%%
Mackintosh-Hemphill Co__
High
'
Jan
53%,
47
15%
15%
Low
Jan
25
53%
110% 110%
1
Louisiana
30%
Old Poindexter Distillery
1,900
•"
36
106%
15
22
1%
36
—100
preferred
Natural
1%
BOo
class B common—;—•
Co
26 Va
,
Overseas
47
--.
High
Jan
Jan
8%
'
Louisiana Land
Lynch
21%
30
Jan
170
7%
7%
preferred A ctfs of dep
6%
Feb
Jan
8
__
Low
Jan
Oliver United
Long Island Lighting Co—
Common
18%
18 Va
--
21
18%
18%
10
1
common—-
—
Par
High
Feb
27
300
■
-■*
20
--
16 Va
1
8%
—
"*•
Chain
Gas
8%
*
A
' \
--J'.',
8 Vav
;
B
Steel
Lone
Low
16 Va
common
Groceterias
Class
Locke
High
16 Va
10
Corp
Llpton
Lit
Low
5
Line Material Co
1%
1
1%
2
11
1,800
100
10%
31
THE" COMMERCIAL
(968)
& FINANCIAL CHRONICLE
Friday
New
Sale Price
Curb Exchange
York
Week's
Range
Last
STOCKS—
Low
Leather
Seton
■'
900
common
2%
Jan
12%
Feb
16 Vi
Jan
68'/a
700
"66%
Feb
73
Jan"
104
Jan
106
15
200
15
Feb
17%
Feb
~9%
10
——
10
9%
1,025
11%
Jan
$2 cum pfd:—
Waltham Watch Co
Jan
Ward Baking Co warrants.—
Warner Aircraft .Corp—...——
Wentworth
Bolar Aircraft Co—
6%
500
6%
8%
9
3
3
3%
3%
X3%
'3%
Boss Manufacturing -common
—1
7%
7%
Jan
90
South Coast Corp commonSouth Penn Oil common
1
3%
3%
.12.50
36%
36%
v
Feb
11%
Jan
Whitman
Feb
3%
Jan
Wichita
Feb
4%
Jan
Wickes
Feb-
9%
Jan
Williams
7'A
4.32%
preferred
cum
——
Southern Pipe Line—
Southland Royalty Co'—_—
27
Jan
23
38%
Common class B
600
_
Jan
Feb
iy8
8%
Feb
11%
Feb
23 *%
Feb
Feb
4
300
9%
Feb
11%
2,700
25%
Feb
29
1%
1%
3,400
1%
Jan
2
1%
102
1%
Feb
7%
400
7%
Feb
8%
Assoc
Jan
3%
3%
600
3%
Feb
5%
Jan
2%
Steel Co of Canada.,
Stein
(A)
(J. B.)
2%
Feb
3y»
3%
Feb
5Y<
52%
230
54
400
15%
Feb
19%-
7%
Feb
8%
%
Feb
2y4
Jan
5%
Jan
7%
Jan
Jan
14%
Jan
5
1%
6%
6%
1,900
13%
(Hugo) Corp
Stop & Shop Inc
Stroock (S) & Co common—
Sunbeam Corp..
Sun Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
13%
275
1%
13
iy4
Feb
15 Vi
Feb
25c
14
l
10
250
27%
Jan
300
5%
Feb
14%
125
13%
Feb
16%
2%
Feb
Feb
3%
600
i
-H,
10
25
Texas Power &
•
31%
pfd
Shovel
Thor
400
29
12
400
11 %
Co
common
121
.60
118%
12
12
5
50
51
Corporation
13%
Tobacco it Allied
1
Stocks
11%
Feb
13 y4
Jan
51
"16
:
400
Feb
21
J-D
J-J
1,100
12%
Feb
14%
1955
M-N
96
1964
J-J
Electric
13%
Feb
5%
100
5%
Feb
"50
6%
100
6%
Feb
1 %
200
1%
Feb
1%
180
94%
1%
95
88
200
90%
X88
1%
92
warrants
____
Feb
95
Jan
Jan
97
I.
"l%
Jan
1%
Corp— <
.—1948
——.1954
Lt k
(Bait)
mtge
3s ser P
mtge
2%s ser Q
2%s ..series R
ref
Jan
6%
Jan
Feb
preferred
9%
*
Corp
Corp
100
9%
9%
Feb
Jan
12
series
United
United
United
Chemicals
Corp
common
warrants..
„
& Western
Lack
Gas
ex
United
Milk
United
Preferred
Products
92%
Feb
96
61%
Jan'
62
Jan
92%
92%
3%
"3%
500
'
3%
40
"a
136
51,700
—I*
II10
32
17%
17%
17%
18%
18%
6,200
20
20
—
•••
1,100
18'A
32
*
:
32
150
Jan
Feb
40
%
Jan
Feb
34%
Jan
16
■
Feb
18%
Jan
17%
Feb
21
Jan
20
25
.—
Feb
'
A Feb
'
32
*
....
4%
Jan
Feb
30
Jan
Jan
25 ya
Jan
25
United Molasses Co Ltd—
AmeT
dep rets ord regis
.
United NJ RR & Canal——...100
United Profit Sharing
25c
10%
United
>
preferred
U
1st
S
common
...
preferred with
Radiator
U S Rubber
10
200
1%
10
245
1%
10
25
56%
56
40
39%
common
8%
83 %
•
—
104% 104%
79%
79'A
Jan
Feb
Jan
Co
2
10%
Feb
Jan
Jan
57
950
55% Feb
62'A Jan
40
220
38%
Jan
41%
Jan
100
8'A
Feb
9%
Jan
11%
Feb
14%
x8%
103'A
105 %
3
79%
104%
105%
106 %
8
90
78
j-D
$103
81%
102
J-J
103%
$98% 100
A-O
M- N
__
:
99'A
104'A
98%
99
99%
5
97'A
104'A 104%
13
104'A
109
112%
115
—
A-O
•,
99 %
of N
J
$112%
...
"
RR—
Division—
Af-N
May
3%s——1965
&
Fuel
it
& RR 5s
57
20
$110
29%
$100% 101%
M-S
55%
6
59
33
J-J
61%
37
1017/a
97%
—1956
Nov
1
A
__
$28%
'—
1947 coupon—1953
A-O
$102
B.
International
:
—
Jan
1949
(Dec 1
49 %. 55
$70
49%
61
100%
101
104%
103
103
58 %
56
59
,
-
$101%
„
-
$54%
102%
—
A-O
104
■/
' '
•
103'A
102%
M-N
" •"
—.1955
Power Sec—
A6%s series C.—.——
A6%S
31
—
$101
series
31
35
$15
Mtge Bank—
A
102%
103%
104'A
104»A
'
21
21
1
21
21
J-D
1941 coup)——1955
22%
6
21
25%
25%
'
"
A7s series E
A7s (Aug 1941
series F
A7a
1957
—;
coupon)
—1957
—
—.1952
1952
—
20%
J-J
98%
J-J
58
1952
23
98 %
58
20%
26
22
19%
25%
57
98%
63
29
52%
28%
$15
J-J.
20%
J-D
6s—
——-1963 '
3%s———1966
—
J-J
F-A
3%s_^——1969
—1956
17
20%
$104%
20%
17
20%
15
25,,
—
108'A 108'A
6
101% 101%
3
59'%
107
108%
101%
101%
13
103'A
3
59%
4y2S———1967
A-O
Af-S
England Power 3'As—
1961
NY & Westchester Ltg 4s—..—.2004
Ohio Power 1st mtge 3'As
...—1968
M-N
J-D
A-O
——_——1971
.Park Lexington 1st mtge 3S———1964
A-O
J-J
$101% 102%
J-D
$104'A 107
.—1963
New
1st mtge 3s__
Pennsylvania Water St Power 3%s_1964
3%s
—.—1970
Piedmont Hydro-Electric Co—
A6%s with Oct 1 1940 coupon__l960
A6%s ex Oct 1 1947 coupon.—1960
—
—
65
'28%
'
to.
Milwaukee Gas-& Light
99'/2
,
26
Valley RR—-
Extended at 4%
24%
23
99%
$24%.
Noy 1 1947 coupon——1952
McCord Corp deb 4%3
6
15
Co—
Kansas Electric Power
.Kansas Power St Light
22'%
23
19%
-
26 V
24%
20%
19%
.—1957
1940 coupon
Altalian Superpower
23
23
——1952
Interstate Power 5s—
ex
$21
J-J
(July 1941 coupon)
1
F-A
.
J-J
103
$106
102%
105%
104
102% 102%
105% 106
106
101%
102%,
105
8
25
106'/a
101% 1027/«
92
88
92
104'/4 104%
106
103
104% 1047%
26%,
27
$24%
60%
102% 104
103
$85
104%
68%
34
-
$15
Public Service of New Jersey—
6% perpetual certificates———_—Queens Borough Gas & Electric—
5%s series A—
1952
Safe Harbor Water Power Corp 3s_1981
M-N
143
143
98
98
98-;
101
101
144%
140%
A-O
M-N
B—-—1952
—1951
103'/2
loir
113% W/2
101
$1.13% 116 Va
.Af-S
12%
900
Jan
1%
1%
1,600
2%
Jan
Southern
California
3s_l—1965
M-S
102% 103 Va
50
101% .103%
73%
74%
75
70%
Feb
81%
Jan
Southern
California GUs 3'As_.—1970
A-O
103% 104'%
24
101%
1
13%
13%
14
800.
12%
Feb
18
Jan
Southern
Counties Gas
2%
Feb
3
Jan
1971
J-J
$97%
1970
F-A
—
11%
11%
—1
common
common..
~2%
5
900
24%
2%
K21
2%
x21
24%
100
900
3
21%
600
Jan
Jan
20
■
•2 Va
39 Va
:..
; ■
10
_•
"2%
1% Feb
Jan
20
Jan
24%
Feb
29
Jan
2%
21
Feb
Feb
2% Jan
44 Vs Jan
3% Jan
22%
Jan
'
1st mtge
Valspar Corp common—
.1
..
$4 convertible preferred
Venezuelan Petroleum
7%
600
8%
_•
for footnotes see page 33,
_5%
~5%
3%
3%
.•
7%
92
20c
Venezuela
Syndicate Inc..
V*ct Manufacturing..
7%
5:
___1
...
--
~6
1,800
3%
100
,
St Elec 3'As
Spalding (AG) 5s._
—1989
AStarrett Corp inc 5s„_—.——1950
5s
collateral
1966
trust
Stinnes (Hugo) Corp—
A 7-4s 3rd stamped.
—
$100%
A-O
103
—
.—
.1946
Feb
10
Jan
Industries—
stamped
—1946
Temi Hydro-Electric Co—
A6'As With Aug 1 1940 coupon..1953
A6'/2s ex Aug 1 1947 coupon..._1953
Feb
98
Jan
United Electric Co of N J 4s
M-N
A-O
A-O
J-J
Feb
7% Jan
3
Feb
3%
xl2%
Feb
14
Jan
Jan
ex
,
103
103
•$97
100
97
$114
119
US?
68
68
68
$22%
;
106%
116
27
25
26%
(Hugo)
A7s with Dec 1
A7s
98% l66,%
100% l()3t f
98%
United Electric Service Co—
5%
104%
(Calif) —
A7-4s 2nd
;,
V
Edison
3s
Southwestern Gas
Stinnes
93 »A
104
92
I.:/
1%
Sugar—!
Power St Light
8%
247%
92%
73%
Reclaiming Co..
Products
Utah-Idaho
82
warrants—*
—
Universal
16
100
San Joaquin Lt & Pwr 6s
Scullin Steel inc mtge 3s
United Stores common..—...
50c
Universal Consolidated Oil—i———10
Universal Insurance
.10
Utah
1%
25
Machinery
United Specialties common.,
;
,_l
U S Foil Co class B__—
———_l
U S and International Securities
*
$5
247% 247%
'
Shoe
Preferred
.
....
^
1%
110%
168
98'A
29
J-D
J-J
Jan
—7
...
common.
Jan
6%
—
United
BVi
6% Jan
500
250
109%
84%
1963
Midland
—— —
Corp
Gas Corp common.^
Light & Railways.
Feb
Jan
6%
6%
«
Elastic
Jan
4%
6%
6%
«
Union Stock Yards of Omaha
lioo
United Aircraft Products com.— -50c
Jan
€%
'1,700
»
A—
2%
Feb
5%
'
*
Canada.
Union Investment Co—
Union Oil Co of Calif—
1% Jan
2
5
1,000
105
168
38
83%
1954
(Bait City) —
4VaS—
—
standard
A7s
I;
1%
'
—.5
13
165
99% 100
1958
Jan
9
99%
84
1962
A 7s
Feb
100
96
103%
Gas
mtge
A 7S With Nov
_10c
Chemicals
pfd
$—
100
J-D
J-J
U
Realization
$3.75
3
M-S
2% Jan
~6
III
93%
11
83
M-S
1969
1976
...—1981
Debenture 6s—.——
of
96%
105
—
—
Ikarco Hydro-Electn..
Gas
96'
High
102%
M-S
——1958.
Pwr
Low
55
104% 105'A
El
January 1
No.
J-J
Jan 1966
;
Range Since
Sold
27
1961
•
Works...
Jan
105
106% 106'A
Feb
1%
2,700
2%
94%
1948
1956
Jan
1%
1,100
Feb
109% 109%
Q-F
Indianapolis Power it Lt 3 'As..—.1970
Jan
5
1%
Jan
104% 104%
J-D
Hygrade.Food 6s 6er A——Jan 1949
7% Feb
94%
Jan
9%
93%
106 %
5s
Jan
6%
1
19 y4
Feb
High
104
A General Rayon-Co 6s ser A—
Grand Trunk Western Ry, 4s—
Green Mountain Power 3 %s—
6% Jan
50
Jan
1%
•
Feb
Bonds'
Friday's
104%
A6%s
15% Jan
%
convertible
Union
105
J-D
1998
1970
Finland Residential
Jan
100
100
Corp.
Unexcelled
or
Bid it Asked
94
Elec Mfg Co—
A6%s with Nov 1 1940 coupon—1953
Jan
13%
1%
Jan
Week's Range
Last
Sale Price
Af-Q
^Gen
Feb
r
Jan
Jan
"2^
2,400
A-O
6s
Inc..
Ulen
2%
J-J
Consolidated
Jan
44
17%
...
Edison 4 % % pfd
Tonopah Mining of Nevada.
80c
600
21
100%
Ercole Marelli
100
♦
Toledo
Lamp
13
15%
1969
Elmira Water
13%
16
_l
dep rets ord regis.
dep rets def reg.
Todd Shipyards Corp..
Tung-Sol
14
1977
Feb
12%
Amer
Trunz
Feb
1970
5s—;
Jan
13%
Araer
Tri-Continental
Jan
14%
2%
—1960
1st
Tobacco Security Trust Co Ltd—
Trans Lux
Feb
95
8%
redeemed)
2%s conv debs
Jan
5%
—„1
Realty St Construction
Brewing Co..
Hvoli
31%
124
13%
16%
17
20
Guantanamo St Western 6s
Tilo Roofing Inc.
Tishman
Jan
5%, Jan
15JA Jan
Feb
13%
.3
common.
11%
250
"
11%
Jan
Feb
1,000
5s
Delaware
Jan
;j
,
Jan
20N
1953
—
1st ref
Feb
Jan
Jan
120
100
11%
Feb
3%
Jan
7"%- Jan
Feb
96%
Period
A
1st ref
Jan
7
Feb
29%
_a
Light 7%
Feb
14
5s^
Consol Gas
20% Jan
,
Feb
29%
12
12
Texon Oil & Land Co..
Thew
10%
1
16% Jan
6%
16%
15%
_*
Gs_
redeemed)
(10%
Service
Eastern
common..
18% Jan
20j/2
11%
1st mtge 4s ser A———1993
A 1st mtge 4s ser B
1993
Technicolor Inc
Jan
Jan
Feb
96%
1
2%s
Lackawanna
Taggart Corp common
Tampa Electric Co common
Feb
(50
Debenture
Jan
10
10-
Jan
100
Debenture
Jan
1
1
3
.15
•
17
6%
6%
6%
»
750
30%
29%
30
...
4
Debentures 3s
Jan
17%
17
25 ¥2
5s
£ 1
3'As
:
deb.5%s
States
(10%
Cities
Jan
14%
—1
Bwan Finch Oil Corp^
Feb
1
-•
—
A5s
A5%s
Jan
800
Edison
(Central
Jan
200
6'A
Jan
Feb
'
—
Electric 3%s
Canada—
Steel
Bethlehem
Jan
7%
Tel
&
City
Boston
Jan
25
16%
"l%
1
—It
Co common
Stinnes
61%
Feb
7%
1
.
Feb
15%
16
l
35%
14%
Interest
4y2s
Bell 'Telephone of
5s series C—
Jan
53
53%
Tel
Atlantic
Jan
1,100
...
Sterling Aluminum Products
Sterling Brewers Inc.—
SSterling Engine Co
Sterling Inc.—
Stetson
800
4
22
•
i
s
.
& Co common
3%
3
3%
l
Corp
4
14%
Exchange
Curb
Electric
Associated
Feb
20
7%
1
(The)
York
Appalachian Elec Power
•
Standard Tube class B
Starrett
Jan
10
4
Lew
Feb
107
Feb
102% 102%
l
33%
10
Friday
New
Feb
200
Jan
28 y2
156
19%
Jan
1%
19%
Feb
125
Jan
26%
1%
Feb
Peb
27
50
13% Feb
BONDS
19% Feb
9%
*'•'
15%
Feb
15
100
-
3%'Jan
17%
25%
1%
2,900
114-
23
Jan
2%
100
9%
26
Jan
Jan
Jan
Jan
21
200
2
8%
Jan_
Jan"
200
18
17%
47/s
6%
1
f-!:
Feb
Feb
-
2%
2%
l
Corp
Standard-Thomson
' Jan
43
3%
1,200
21%
21
21
*
.
Co.
Feb
36
100
8%
8%
%
8
*
Products
)w 1
1
Feb
—.2
Woodley Petroleum.—
Woolworth (F W) Ltd— ;
American deposit receipts
6%
preference..—...
Wright Hargreaves Ltd
Feb
Jan
Feb
10
.—25
Woodall Industries Inc
Feb
5%
Jan
5
1
Preferred—
25 Vz
Jan
4%
200
4%
38'
3%
_
Standard
Jan
29 Va Jan
Jan
140
._1
common
2%
1%
1
1,300
37
-
Brothers
Feb
7
5
Inc
Jan
300
15%
34%
preferred w w—
Winnipeg Elec commonWisconsin P & L 4%% pfd
—-
Light—
Products
Willson
Wilson
300
1,400
:
Feb
5%
200
7%
——*
Feb
25%
T%
34
——
Jan
'
38
Spencer Shoe Corp,
:—__
Stahl-Meyer Inc
*
Standard Brewing Co__
.2.78
Standard Cap & Seal common
1
Convertible preferred
—.10
Standard Dredging Corp common——1
$1.60 convertible preferred—:
_20
Standard Forgings Corp.._____
1
Standard Oil (Ky)
10
Standard Power
(R
4%
5%
'
Jan
1%
.10
Corp..—
C) it Co.
(The)
31 y*
24%
"5%
1
5
_*
4
1
37%
27%
Feb
16%
^
Feb
27%
27%
3%
1
Corp
35%
25
..25
25
250
27
Co
it
Oil
Feb
Southern California Edison—
5% original preferred—
4.48% conv preference——
(Wm)
River
Jan
\
Jan,
15%
...
.3%
20
4
27
Inc..—
29'A
400
800
13
Feb
20
33%
3%
37%
; 30
30
Southwest Pa Pipe Line——— —10
Feb
4
Jan
■<
x3%
1,600
...
Jan
3
1,200
7%
9
600
3%
com—*
Stationery
Coal
Westmoreland
4
8%
200
2,600
1%
450
4%
112
Coal it Coke—
—5
Maryland Ry 7% 1st pfd—100
Weyenberg Shoe Mfg.
8%
600
10%
3%
1%
West Virginia
&
9% Jan
110% Feb
7
1
Tablet
2% Jan
Feb
110% -Feb
4
~3%
Western
Feb
8
500
9
-
Manufacturing.:
—1.25
$8 preferred.—*
Westmoreland
—1
—
Jan
Feb
256
Feb
90
—;— —1
Corp.
7%
Feb
Feb
x236
80
240
3%
-III
—
Solar Manufacturing Co
6%
236
8%
"l% "l%
1%
10
—.30
—
———.1
Western
6%
236
High
1%
8
Texas Utilities
West
1
Simplicity Pattern common..—.
.100
Singer Manufacturing Co——
Singer Manufacturing Co Ltd—
„.£1
Amer dep rets ord regis
Sioux City Gas & Elec Co—
100
3.90% preferred
-•
Smith (Howard) Paper Mills.—,
Low
.
preferred———'.
convertible
Range Slrice January 1
High
•
Feb
17%
Feb
Co—;
Wagner Baking voting trust ctfs ext.*
7% preferred——
100
Waitt & Bond Inc
—'——.—1
Publications-
Simmons-Boardman
Aircraft
Waco
100
«
—I*
—I*
•
Silex Co common——
Gonotone
Feb
200
13%
16
Low
W
17
.100
class A...
Shares
Jan
66'/a
66%
for Week
Jan
3
15
-25
__—i.
preferred—
Shoe Corp of America
Bick's Breweries Ltd
13 Vst
Feb
13'/a
"iii
—
Sherwin-Williams of Canada——
$3
2%
Sales
Range
of Prices
Par
16%
Bhawinigan Water & Power
Sheller Mfg Co
Sherwin-Williams
2%
2%
Exchange
High
Low
High
Week's
Last
Sale Price
STOCKS—
York Curb
New
Range Since January 1
13
Bhattuck Denn Mining—,——».
4%
Friday
Sales
Shares
common
;::5
FEBRUARY 27
for Week
of Prices
Par
EXCHANGE
CURB
YORK
RANGE FOR WEEK ENDED
Monday, March 1, 1948
Dec
1
1949
1956
21%
6
21
27
25%
3
25%
35
—
$15
J-D
...
$103% 103'%
$24%
1940 coupon—:_1956
1947 coupon
21
25%
A-O
—
$15"
—
II
.J'"1
30
.
103,.
.
27'A
103%
;
.
2,7%
Volume
COMMERCIAL
THE
Number 4677
167
YORK
NEW
Interest
Last
Period
A'
Sale Price
Exchange
Curb
income
A5s
Wash
Water
Electric
West
Penn
1964
A-O
1960
High
a
J
New
January 1
No.
,T
Low
5s~
75
105% 105%
106%. 106%
\
tll8%
"72%
4
F-A
102%
Interest
106%
107 %
118 %
Peru
105%
1
120
1101 Va 102%
101
Friday
Interest
Last
Week's Range
or Friday's
Bonds
Period
Sale Price
Bid & Asked
Sold
Low
Agricultural
Bank
Mortgage
A
20-year
7s
A
20-year
(Col)
7s
Bogota
A-O
Jan 1947
(see
Mortgage Bank
Valley 7s—:
ACauca
Low
No.
65%
65%
J-J
65%
65%
234
65%
39 %
of)
1948
J-D
36
36
5V?s
1955
M-2Y
80
84 Vi
84%
External
5s
1953
F-A
78
78
78
1952
J-J
Cons
Municipal
Loan—
\
Danzig
Port
&
AExternal
ALima
(Peru)
stamped
Interest
AMedellin
(Plan
to
J8
10
15
15
,•
,
15
M-S
6Vis stamped_1958
reduced
7s
,;
stamped
City
Maranhao
listed
7%
7%
15
9
15
A)
2008
M-N
1951
2%s
stamped—
Bank
of
J- J
114'A
15
15
J-D
122
24
-23
1919
M-S
3%
3
3%
50
2
%
3%
J-J
3
3
3%
52
2%
3%
27
in
delivery transaction
in
included in year's
f Ex-distribution,
in
year's
range),
d Ex-interest,
range),
Ex-sto.ck
g
div.
Transaction
r
24
h Ex-
for
cash
y Ex-rights.
sales being
no
(not
range),
included
(not
Ex-div.
x
asked
and
year's
transaction
year's range).
bid
15%
Ai
included
(not
Under-the-rule
n
transacted
during
current week.
Stock and Bond Averages
are the daily closing averages of representative stocks and bond*
the New York Stock Exchange as compiled by Dow, Jones & Co.
J-D
24 V
1
'%v
37%
\
2
24
24
37%
'■
24
25
36%
39%
'
on
A7s
(issue
of
May
1927)
1947
A7S
(issue
of
Oct.
1927)
;_1947
44
M-N
44
44
44
Feb.
44
44%
44%
10
10
:
65
Becond
10
Indus¬
Grade
Grade
Utili¬
trials
Rails
Ralls
ties
roads
167.60
tie*
48.52
trials
I—
Utll-
Rail¬
First
10
Total
IB
20
Indus¬
21
Feb.
Bogota—
-Bonds—
-Stocke'
30
Date—
Mortgage
27
Below
'
Waterways—
6Vis
36
28
6%s
Deferred
a
transaction
included
J64
External
Danish
High
125%
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates;
"w i," when issued; "w w," with warrants;
"jc w," without warrants.
High
—
April 1946
——
High
Low
J-J
prices;
A Bonds being traded flat.
§Reported in receivership.
Range Since
January 1
January 1.
No.
2012
(Plan
2%_.
to
value,
par
principal.
IFriday's
Exchange
Range Since
Sold
High
1997
stamped
reduced
Government
Odd-lot
e
Bonds
Friday's
or
Bid & Asked
2008
A5%s
(not
Curb
2%s
to
-
Janeiro
•No
York
Sale Price
1921
de
ARussian
1021/2
Foreign Governments & Municipalities
New
Last
Period
of)—-
2 Vis
to
Rio
reduced
(Republic
Is
.
BONDS
Week's Range
Interest
Exchange
stamped (Flan A)
Interest
1959
Curb
Low
77
1
—
BONDS
York
High
Union—•
debentures-
f
72%
J-D
Traction
s
72 %
J-D
2030
Newspaper
conv
M-S
3Vis
Penn
6s
1954
5s
Power
West
Western
•
.■
Parana
—
27
Friday
I
«.
Hotel—
debs
(969)
EXCHANGE
ENDED FEBRUARY
Range Since
Bonds
Friday's
or
L
Low
Waldorf-Astoria
CHRONICLE
Week's Range
Friday
BONDS
York
FINANCIAL
CURB
FOR WEEK
RANGE
New
&
31.75
60.46
100.64
103.03
•
Holiday
v.
Btocks
86.60
Total
40
Bonda
102.01
98.07
Holiday
■
AMortgage Bank of
Chile
1931
Mortgage Bank of Denmark 5s
J-D
119%
1972
6s
J-D
1—
100.70
103.00
86.65
102.20
98.14
31.66
60.74
100.70
103.03
86.69
102.29
93.18
26
167.56
48.75
31.69
60.50
100.64
103.19
86.78
102.36
98.24
27-
166.80
48.83
31.65
60.35
100.76
103.14
86.56
102.30
98.19
WEEK
—
EXCHANGES
OTHER STOCK
FOR
60.62
48.96
Feb.
81
RANGE
31.75
168.39
Feb.
81
48.91
25—
Feb.
—
85
167.80
Feb.
142%
A-O
ENDED FEBRUARY
27
'<
Baltimore Stock
Week's
Friday
v
/
Arundel Corporation
Bait Transit Co 5%
Brager Eisenberg
Fidelity
1st pfd v tc
14
T.'
14
Low
530
16'%
40
40
14%
16%
1
40
A—20
145
_10
—
High
..
40
Jan
16%
16
Feb
23
Jan
40
Feb
40
Feb
10
145
Feb
>150
Jan
20
40
Jan
'
40%
North
20
—
American
Water &
Oil
Co
Power
70;
Pacific
25c
1
Co—
*
I: 70
12
65
Jan
75
25
132
25
Feb
283A
200-
85c
Feb
1.15
tJ S
—100
preferred
Jan
40
Fidelity & Guaranty—.
50
40
40%
150
40
Feb
40%
'
89
89
3
89
Jan
91
16%
3%
3%
5%
45
200
44%
Feb
48%
Feb
68 A
Feb
Jan
91%
Jan
38c
Feb
69c
Jan
117
30
Feb
35%
Jan
20
Jan
2,400
615
16%
Feb
300
3%
Feb
4%
70
5%
Feb
7%
5%
t)rug, Inc
2.50
Assn__
5%
*
13%
—
Webster Inc
&
25
common
77 V Jan
500
13%
Feb
450
11%
Jan
35%
•
Machinery
13%
12%
35%
35%
49%
50%
1,660
56
56
40%
41%
25%
26%
35 %
360
49%
•
Fruit Co
Shoe
13%
12
*
Co
United
■
,56
:
Jan
Jan
15
Jan
14%
Jan
Jan
38
48%
Feb
56%
Jan
55%
Feb
61%
Jan
160
38%
Feb
557
25
Feb;'
175
Feb
Jan
67%
12%
Jan
Jan
58
Feb
83%
110
4
Torrington
Jan
44%
17%
16%
United
Feb
—
44% i":
■
31%
25
Shawmut
U
Potomac Edison—
3.60%
•
Mills
49 c
50
Rexall
Jan
90c
42c
High
11
2,834
v
Quincy Mining Co
Feb
25
25
40c
31%
.———2.50
88
Low
11%
86
88
Range Since January 1
High
11
',.11%
Electric System—-—-20
Tel
100
—
Shares
Pennsylvania RR
Jan
85c
2
—
England
Stone
Casualty—
Low
England Tel &
North Butte Mining
Jan
31
40
13%
of Prices
Par
New
High
20
145
A'.-
New
Range Since January 1
Vemon-Woodberry Mills—
Amsterdam
Penn
Lovo
100
Inc
Common
New
Shares
•
Fidelity & Guar Insurance Corp
Mount
of Prices
Par
i
Deposit Co
&
for Week
Sale Price
stocks—
Range
Sales
for Week
Range
Sale Price
STOCKS—
Sale*
Last
Week's
Friday
Last
Exchange
■■
Rubber
S
10
Westiughouse
Electric
Corp
./
~
,_12 %
26
45%
Jan
30%
■
Jan
BONDS—
Baltimore Transit Co
5s
series
1975
4s
58
58
1975
A
*
6934
58%
$39,500
69 3/4
.
1,000
Chicago Stock Exchange
Friday
Sales
Week'a
Last
Boston Stock
■"A,"'
STOCKS—
Last
Sale Price
,
:
Par
American
Tel
American
Woolen
Anaconda
&
Tel
100
•
Copper
:
50
Week's
Range
of Prices
Low
150
Adams
(J
Admiral
Sales
D)
Boston
Son
&
—'
Inc
Shares
Allied
High
Low
f
148Va
2,869
Feb
,
High
>•
153%
Laboratories
American
Tel
39
42
888
39
Feb
44%
Feb
&
Armour & Co
31
31 %
357
30%
Feb
34%
Jan
Asbestos Mfg
100
11734
25
Albany RR
Boston Edison
37%
117
37%
17%
450
1173A
110
38%
1,455
17%
116
36%
Feb
Jan
Feb
20
Elevated
100
Stamped
—100
-
Boston Herald Traveler Corp
Boston
59
59
15
58%
Jan
41%
Jan
59
Feb
*
21%
149%
5
19%
19%
137
19%
Jan
19%
I65
22 %
Feb
26%
Jan
prior preferred
100
36
35
38
5%
>
cl A
100
__
7
7
6%
7%
385
8
8%
200
8
83/a
132
5%
7%
Boston Personal Prop
100
:
RR
^
1
&
Providence
.
100
Trus't
Boston
•Cities
7
100
__
100
9
9
_*
100
Service
10
14%
'
Mfg
Co
6%
preferred
Mass
—100
Street
68%
__
6*%>
'
1st pfd series A———100
6% B preferred
———100
9
38
Feb
Jan
7
Eastern
SS
Lines
Inc
:
5%
Jan
8
;
60
14%
150
40
155
333/8
40
68'%
68%
50
2%
2%
40
Feb
8
Feb
Burd
Feb
8%
Jan
Jan
9
Feb
Burton-Dixie Corp
Butler Bros common
Feb
.16%
13%
-
7%
Brach & Sons
Jan
Bruce
Jan
34
Feb
40
Feb
36%
Jan
(E L)
National
Castle
&
Co
capital-
•
68%
Feb
74
2% Feb
Jan
3%
Jan
-
.
66%
Jan
71
Jan
50 %
Feb
58 %
Jan,
340
24
Feb
26%
Jan
60
26
Feb
31
Jan
Coleman
50%
Feb
58%
Jan
Commonwealth
25
26,
27
50%
54%
262
-
Gillette
Loew's
•
Safety Razor
Kennecott
Lamson
„
Co
•
Copper
•
Corp (Del) 6% preferred
Boston, Theatre
:
25
•
Biscuit
Narragansett Racing
1
Chicago Towel Co
Chrysler Corp
5
Nash-Kelvlnator
National Service
Cos
1
Feb
100
4%
Feb
5%
Jan
/ 29
39.40
20
see
page 42.
16
100
16%
2%
Jan
Jan
16% Feb
350
32%
Feb
17%
Feb
20%
Jan
12
12%
600
12
Jan
13
Jan
10%
10%
200
10
-37
Jan
•
Feb
12%
Jan
10%
10%
500
10%
Feb
11
Jan
45%
100
45%
Feb
52%.
Jan
52'
53
100
52
F6b
60
Jan
44%
45
50
Jan
common
(The)
Edison
,
1
(new)
Cl
38.90
Feb
41.21
Jan
33
884
32%
Feb
36
293/4
730
28
Feb
36% Jan
Cum pref
Co
common
(new)
/
3
50
10%
Feb
12%
4%
700
4%
Feb
6
Feb
Jan
Jan
Jan
'35%
1%
100
1%
Feb
1%
Jan
8%
800
8%
Feb
9%
Jan
34
50
■
31
Feb
22
25
21%
Feb
25%
Jan
10%
10%
2,600
9%
Feb
12%
Jan
7%
7%
200
7%
Feb
9%
5%
100
5
Jan
6
Feb
60
71
Jan
80
Jan
400
52%
100
5%
75
543/4
-
78
Feb
63% Jan
34
Feb
39
Jan
25%
Feb
28%
Jan
60
25%
Feb
28%
Jan
30
x34%
Feb
35
Jan
Feb
36% Jan
35
25%
126%
26/
26
26
X34%
35
30
30
35
Jan
3,200
56%
35
26
*
(new)__
210
22
54%
25
11%
7%
5%
1
18% Feb
10%
it
1
16%
Feb
8%
"l%
5
1
Feb
16%
1%
5
common
13%
34
500
1
Feb
600
150
4%
4%
0
Inc
Co
11
44%
143/4
16 %
11.
13%
200
13%
16%
.
;■
Jan
ADoehler-Jarvis
Corp
___„_
43%
44%
391
42%
Feb
49%
Jan
43%
Domestic Credit Corp class A
Eddy Paper Corp (The)
50
41 %
Jan
43%
Feb
Flour
5
100
30
3%
Jan
82
Feb
95 Vs
Jan
14%
Feb
16% Jan
7%4
Jan
Mills
of
America
Inc
35
14%
Jan
15
28%
30
28%
Feb
33%
Jan
10%
10%
10%
100
10
Feb
12
Jan
15%
15%
16'
207
11%
Feb
17%
Jan
Transp conl_.
General Candy class A
30c
30c
1,500
30c
Feb
45c
Jan
General Motors
Four-Wheel Drive
Auto
(Peter) Brewing common
General
American
Corp common
1
2%
*
5
15
250
2% Feb
—
9%
Jan
14
200
14
Feb
19%
Jan
50%
50%
100
50%
Feb
56
18
18
110
18
Feb
19% Jan
8%
~
50%
—
Feb
14
10
10
10
82%
143/4
1%
5
50
2%
82
15
■'
51%
51%
250
8%
52%
600
•
For footnotes
14% Jan
200
Lines
14%
__
4%
4%
,
18%
1
common
•
Fox
Assn
Feb
35
10
,
14%
„
Feb
3%
:
45%
1
common
common
28%
—
1%
100
16%
12%
_
43%
—
50
Mathieson Alkali Works—
39.40
32%
29%
Feb
100
4
10%
_10
Chicago & South Air
v
Consumers
1
11%
1%
12%
45%
5
_
Cherry Burrell Corp common
Chicago Corp common
Chic Mil St Paul & Pac vtc
20
25
Jan
Jan
17%
—
common....^
(A M)
120-
buys
152 Va
33%
'
General Capital Corp
•General Electric
500
25
Feb
Feb
17%
«
111 Secur Corp common— _•
& S
W Util common
70
26%
„
21%
149%
35
__
Central
,
84%
*
Stores—
150
1,400
5
common
Piston Ring
Carr-Consolidated
Feb
31%
Co
(E J)
83
•
common
Employers Group Assoc
First
Jan
Feb
70
84
11%
10
.
_
100
Feb
'.
Ry—
.1
Jan
9%
Jan
1%
1
Manufacturing Co capitalBorg (George W) Corp
Borg-Warner Corp common
Cent
Common
8%
15
12 V*
Eastern Gas & Fuel Associates—
•
Feb
4
5
$
—10
Binks
>•
Eastern
21%
11%
11%
p—
\
3
__
common
Feb
'
25
36
•
21%
Corp
Mfg
5%
32
1,015
v
33%
.
40
—.
Feb
7%
Jan
22%
1%
'
14%
400
11
149% 150
7
1
common
_
unstamped
5% class A 1st pfd stamped
8% cl B 1st pfd unstamped
8% cl B 1st pfd stamped
10% cl D 1st pfd stamped
High
10
700
t
4%
common
Berghoff Brewing Corp
& Maine RR—
1st pfd
xlO
100
capital
Barlow & Seelig class A conv_—
Bastian-Blessing Co <;ommon_—_
: A:
22 Va
__
•
Co
Co common—
Washer
Belden
_
Low
8%
Feb
Railway—
Unstamped
14%
8%
10
*
__J
common
Tel
Avco
Jan
125%
■'
Boston
14%
8'%
Jan
—
17%
Range Since January 1
High
14%
common.
Aetna Ball Bearing common
Range Since January 1
39
17%
Low
for Week
149% 150%
♦
Shares
Mfg
Corp
Automatic
Bird &
for Week
of Price*
Par
Exchange
Friday
Rang*,
Sale Prle*
STOCKS—
51% Feb
58
Jan
Jan
33
I
.
34
THE
(970)
COMMERCIAL & FINANCIALS
Monday, March 1; 1948:
•
i!
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDEDFEBRUARY 27
Week's
Range
Friday
Last
Sals Prioa
STOCKS—
Par
Gibson
Low
'.V '
■
High
'•
'•
'
STOCKS—
J
,V.-:
8%
Razor Common.....
—*
(W H) common
Gossard Co
29
29
291/a
200
28
Feb
31
Jan
17%
17%
18
200
17%
Feb
21
Jan
—•
16
15%
16
350
15% Feb
16y2
10%
lOVi
150
10
Feb
11%
Jan
Share*
LOW
Par
v,.;
.
for Week
of Price*
Jan
10%
;y
Range
Sale Price
■
Hammond Instrument Co common.. —1
Brew Co capital—. —1
(G)
Werner Corp
550
27%
25%
27%
350
—3
11
11
34%
34%
50
...1
Hupp Corp common
24%
50
...5
(new)
Hubbell Harvey Inc common
7% Feb
8%
Jan
15%
KVbger
High
torn
15%
43
16%
Feb
40%
100
78
15%
42%
42%
____.?■ •
_
Range Since January 1
High
Feb
3%
3%
3%
Jan
27%
11
35
Feb
200
3%
150
9%
Feb
13
62%
Feb
71%
Jan
14
100
28%
Feb
32%
500
19%
Feb
21 %
Feb
8V4
Jan
5
14
'VyV
.
4
Feb
15
Jan
20
50
Jan
53
Feb
43
42%
43
203
40
Jan
45
Jan
49
49
49
7
40
Feb
50
Jan
—10
—
Preferred
Jan
14
r-y
52%
52%
—
Jan
20
20
477
<•
..
—_
Printing..
S
10%
64%
10
Jan
29%
U
10%
62%
...1.00
...
Rapid
U S Playing Card
Jan
Feb
10%
'64%
Feb
Jan
9
34%
Magnavox
Feb
Jan
Feb
Feb
46%
11
*
...
Great Lakes Dr & Dk common
Hein
Low
8
Safety
Heileman
High
'
Sales
Last
k
Range Since January 1
8
Co
Week's
Friday
Shares
common- —1
Refrigerator
Gillette
Sales
for Week
of Prices
Jan
Feb
4%
Jan
>■
Illinois Brick Co
Illinois
Central
Independent
capital
RR
10
Tool
20
20
com.^*
10
29%
.100
common
Pneumatic
10
Indiana Steel Products Common.—..1
7%
7%
150
6%
Interstate
4%
5
110
4
pfd
*
Switchboard common.—.—*
Kellogg
Leath
$6
Power
Co
&
8%
_*
common...
Libby McNeill St Libby common
Lindsay Lt & Chem common.:
co
18%
18%
7
8%
8%
Feb
9%
Jan
61%
Jan
14%
14%
41
14%
Feb
■
100
13% Feb
8%
7,100
/ 7% Feb
8
,8%
Jan
13%
Feb
15
Feb
22%
500
22
Feb
24
Feb
4%
10
'4%
Jan
4%
4%; Feb
-.10
34
—*'
Li*..
34%
450
8%
83/4
100 '
19%. 20
20
34
>
Feb
37%
8%- Feb
19% Feb
1,250
.9
•
21%
Jan
Jan
"
City'ICO dfe-Fuel^.-.—
|
OlevelandCIiffalroncommon..._1
165
165
165
.100
145'
142
145
Nunn Bush Shoe common.
Oak Manufacturing common.—.
.2%
_
250
•
Jan
:
—.
.
I
Jan
600
'V. 18
250
Feb
16%
8%
Jan
Jan
20
7%1 Feb
Feb
jj>y-
General
common*— ..5
6% preferred
Sangamo Elec Co
Schwitzer
&
Co
85
...50
16%
85
L:'
Goodrich^IB F) eommbn_^_>__—
16% Feb
10
27%
Feb
31%
Jan
13
Feb
15
Jan
Martin
Feb
37%
Jan
10%
100
.10%
Feb
11%
Jan
Metropolitan;Paving: Brlck^^-
11%
50
11%
Feb
18%
Jan
2
15% Feb
7%
300
200
8%
100
31%
70
7%
31
125
37%
38%
12%
12%
7%
7%
550
7%
30
•
30
37%
12%
7%
Sundstrand
Mach Tool common
Lis
21
20%
21%
700
Swift &
capital stock
.53
•31%
30%
31'/,
1,100
Texas-Coi(The) L
.25
Thor Corp
(The)
common.,
Jan
Feb
43
Feb
14%
Wisconsin?. Bankshares
Yates-Amer Mach
52%
Feb
58
Unlisted
650
Feb
21%
28%
Feb
37
45%
46%
200
45%
'94
Feb
48
common.
10
10
13
•
Farasworth
; 100%
16
3
300
3
Feb
3
100
13
"
11%
31%
31%
30%
32
•■■14%
</•
...
.
3%
Feb
29%
YoungstUwfr-Steel
500
307/i
Feb
34
30%
Feb
34%
Motor
16"%
v*
r*.'.
.
10 %
Feb
6% V
400
6Ya
200
4%
Jan
6
100
6
ll7/a
Feb
4%
Pure Oil
Co
(The)
Feb
6%
800
32%
Feb
35%
1,600
3%
Feb
5%
-■
160
22% Feb
41
Feb
>
^
:;; t310
.
.
.
•
Jan
27. . Jan
46%-Jan
'
-
115 V
100
/
15%- 15%
__
Members j*';
•
r-.-
■
25
"Feb/....
31% Jan
68'A Feb
-.- 75% Jan
:8% Feb10% Jan
<
50
-
15% Feb
18% Jan
-
'
New York Curb Associate
--
Ford
'■
Chicago Stock Exchange
'
Building
400
4%
Feb
5%
-
DETROIT
,
-Telephone: Randolph 5530
Jan
15%
Feb
17%
Jan
UVa
13%
300
12%
Feb
15%
Jan
32%
15%
—
15%
100
15%
16%
Jan
Detroit Stock
Friday
Exchange
Week's
Sale*
Last
Range
for Week
Sale Price
Jan
of Prices
8baro*
Range Since January 1
■
4%
18%
—
18%
26%
~
100
18%
5
Jan
Feb
9%
Jan
18% Feb
1,200
Feb
8%
4%
1-4%
—
21%
Jan
'
200
18%
Feb
23%
x25%
Feb
30
^
•'
s
par
•
8%
Jan
24%
24%
-1
7%
7%
•
23
200
9%
Electric
Baldwin
Feb
8%
1
Products—..«
2%
2%
200
20%
20%
150
—1
Rubber- common
Jan
15%
15%
15%
14%
1,400
High
Feb
2*%- Jan
Feb
22%
10
Jan
9%'
•"
12%
9%
447
9%
Feb
1
1
Consolidated
Paper
1%
300
1
Feb
1%
Feb
Feb
14-%
Jan
12% ' 13
Feb
17%
Davidson
1,140
12%
22
261
21%
6
Jan
22
common—_______ 10
Continental Motors common...
.18
2%
19
100
Feb
Jan
26%
Low
High
2
common
Metal
Burroughs: Adding Machine
Jan
Feb
7%
400
25
Feb
8
300
8%
8%
Low
<
Allen
American
Jan
100
19
'26%
v/^1.
1
Bros
—-l
-
6
6%
•
Feb
-23
Feb
Feb
Jan
300
4%
Feb
4%
4,841
6%
6
6%
20%
Feb
24
Jan
21%
25'
300
8% Jan
7% Jan
'
Standard
Oil
Standard
of
Steel
N
J
.28
Spring
—
—
—
69%
—
—
Feb
13%
—
1
.
Jan
78%
*
Jan
14%
Jan
Detroit & Cleveland
Navigation
Corn
common
.
Sunray Oil Corp
United Corp _
Wilson
A
Co
-1
.
.
M.
:
17%
400
16%
Feb
21%
Jan
10%
10%
11%
3,700
9%
Feb
11%
Jan
Detroit, Steel Corp common—.
Eureka-Williams, common
2%
1
16%
2%
200
2%
Feb
2%
Jan
FranicenmUth
12%
Feb
16%
•
—
.
—
—
Gar
Wood
Gemmer
General
Cincinnati Slock
Friday
Exchange
Week's
Last
Par
4%
20%
~7%
Range
of Prices
•Low
•
—5
Industries
1"
—:—
Manufacturing class A
«•
3
6
39%
—
100
7%
39
•3%
3 *
6
-
1,500
~r' 6
100
7%
Feb
3
Feb
'5%
7%
•
:
Feb
39%
39%
100
39%
521/4;
415
52%
.
Feb
52 %
Motors common——10
1
.1
1
24
Jan
Feb
9
-
Jan
4%
Jan
-Jan
Jan
6% Jan
40
Feb
'57%
;
Jan
i%
Jan
71/4
""
5
3%
1,975
6% 'Feb
51/8
7
5
3%
1,800
5
Feb
5%-Jan
3%
Feb
5% Jap,
4
300
'
Vy
for Week
Share*
•
1
Brewing common——1'
Gerity-Michigan Corp —
Goebel Brewing. common.—
Graham-Paige
Sales
Sale Prioa
STOCKS—
4%
20%
.24
7Vs
Jan
•
common
20
17
20%
5
Detroit Edison common.—
Stndebaker
Hoover Ball
Range Since January 1
Lots
High
& Bearing common.;
21%
21%
14
10
14
High
Electric
Howell
_
—.—~~—
..2 %
50
7%
8
»
365
20%
Feb
23% Jan-
135
14
Feb
15
Jan?
7
Jan
8
Jan
"
Hoskins Manufacturing common.
575
"
American
Laundry Mach
American
29%
29%
35
29%
Feb
32%
3%
3%
3%
175
3%
Feb
3%
Feb
-L.v—_*
8%
87/a
8%
21
87/s
Jan
•9%
Jan
23%
23%
f
Jan
♦
20'
Products
Houdaille-Hershey
common..,
Kaiser-Frazer common
Churngold
Cincinnati
^
Gas
8.50
common
"•>'
Kinsei Drug
125
23
Feb
26
104
93
Jan
96
Jan
LaSalle
C
N
0
& T
Cincinnati
80
Jan
CO h-i •ve
Feb
Masco
Jan
McClanahan
94%
94%
95%
20
81%
81%
81 y*
50
2
7%
7%
8%
1,048
—50
75%
75%
___
I—.
P
Street
Cincinnati Telephone
77
„,
•■■■•
l
124
7% Feb
Feb
75
8%
•
common.
i—
Screw Products.
Oil common
2
Dow
Power
Drug
&
Light
8%
20%
-X*
see page
42.
53
——*
Hobart class A (new)—
-..
-
■
20%
53
10
Gibson Art
footnotes
%
8%
«
__
Eagle-Plcher
For
A
rights...
53
16%
16%
14%
Feb
8V4
10%
1,087
1,100
8%
Feb
1%
1,123
le %
;,
Jan
15
Jan
1%. Feb
1%
2%
Feb
2%
Jan
2%
2%
1
2%
1%
1% '
1%
220
1%
Feb
1% Jan
1
1%
1%
1%
3,325
1%
Feb
2
Jan
23%
23%
23%
300
Jan
13%: 13%
150
21% Jan
13
" Feb
24
13%
Motor Products common—.:
Jan
81
Wines
•Murray Corporation common—1—.10
Dayton
.210
1%
8%
1
14%
Jan
'
Preferred
-—__
—
•.Ti¬
-
14%
—*
3*2
Feb
Va
100
8%
Feb
8%
Feb
25
21
182
17
Jan
Jain
Feb
1,437
19%
Feb
22%
Jan
53
Feb
58
Feb
19%
Jan
4%
—
Parke,
Jan
16%
2%
National Stamping common—__.2
Packard Motor Car
...i.—•
-
Davis
Peninsuxar Metal
—J.j
Products——
—.*
.1
28%
2%
200
4%
6O5
1,033
28'% " 28%
5%
5%
.
.
■'
252
25V«
25V»
Detroit "Stock'Exchange
Brown-McLaren common:
Sooony Vacuum Oil Co ine.
9% Jan
24%.Jan :
Jan
4%
__e
—
7% Feb
iB% Feb
Jan
4
4Va
33%
Radlo-Kelth-ftrphetim
Republic Steel Corp common
10
25
Feb
3%
-1
Radio Corp of America common—
20
a8% a8%
21-21
a24% *25 >
44% 44%
50
Jan
32%
•
common
31*% Jan
34
Jan
16"% Feb
-
Exchange
Jan
v
3%
0%
new com
27% Feb
32
Jan
80
Jan
8%
5%
•
32%
•
Car
Jan
15% Jan
135
*
r -
New York'Stock
-
Jan
6
--
10
Airways Corp
Paramount Pictures Inc
Pepsi-Cola Co
Jan
4
2% Feb
12%. Feb-
50
32%
;;
stocks—
Packard
29
Jan
B
Pan Amer
I
Feb
Watling, Lerchen & Co.
Jan
600
,
6%
..4
North American Co
v
t>oOr(Unt "
"V
:
Jan
-1
capital
■
I
.
6V4 Jan" '•
-
al6% al6%
32%
■*
.18% Jan
4% Feb
24
.
1,380
:
14% Jan
.
14-%. Jan
Feb
4%
—1
Onrp
'
L-10
50
(Un)
common
Jan
•
New York Central RR
•
I
.———a69^'* a70%'
Van Dom iron Works^.^—.-—I——'*
'
8%
8V2
8' Steel
Jan
12%
„
~6%
•
r
Co
Jan
Jan
Feb
26%
"
■
_
•
Graham-Paige MnCora
Laclede Ga*
Light
'
13% Jan
Jan
14% Feb
—1
,
25
12 ; ,Febi.;,;>>
Jan
Feb
13
1
Television St Radio
Naah-Kelvin&tnr,
Feb
Feb
10
500
-
30%
'
.
Electric
15
1,000
14
31%
-50
KleetHe
.
10%
—
new
Continental Motors
Cnrtlss-Wright
4
13
——
■-
common
An
•
.10
PmHneta
Gas
100
:
32% Jan
.
tV 900
a30% a30%
.
—
3%
13
3«/4
32%
• —V.
t..
:"'"V
Anaconda Conner Mining
fWtetn.teed
200
15
13
.'••
-.1
Steel
97%4
15'
-5
16
-
97%
■
__
com
FebL::.
-22%
»31 % Jan:
v
Jan
•
Uniting Mill
II
^I^10 I
a24% a24%
__
Eng...—..—..5.
&
Standard'Oil'of^Gtiio cbmmon^i
Jan
•
American Radiator Si 8t San
Bethlehem
:
Jan
350
38% Jin
58y4'Jan
'..•49%' Feb57% Jan '
39%,Feb V•.;„^44%, Jan.
13% Feb
- 14V2 Feb
v-
v;■?; 66 v"
—
17%
29%
.
21%^-I'eb'27%,.J^n4
^ .430
'"5%
5
13
*
•
Jan
16
capital.
Cnrp
165
.
-
—\
50
-
Republic Steel (Un)..^:
Feb
28%
Stock*—
Alleghany
22%
3%
1
.8
(Un)
Richman Bros
"'36% Jan
16%
*
caiptai.
r"'.'38
al5% ai5%
:LJ-i V
•
-
Corp
Reliance Electric
Jan
Jan
24%
2l%
r
5
-—.—1
.—
Ohio Edison-common..
Jan
9%
31 V
Feb
Acme
Pennsylvania^ RR
U
300
7%'Feb
'
32% Feb "
.15'' "* 51V» Feb-
200
;
••
12%.12%
„
.—4 /
Radio?Corp of America (Un)—
Feb
19% Feb
30%
-
:(Un) __i——1
Central;RR (Un).
Packer
Jan
28%
Wieboldt Stores Inc common
Gene ml
Jan
31%
..2
.
*
208 80 La Salle St Corp
Union Carbide & Carbon
Columbia
53%
53
•
10%
—5
Co
American
53
Jan
Feb
:
12%-
*
National Hie -ft Mfg^...—
Jan
Jan
28
50
8%
27
Jan
8%
100
__
Jan
Jan
30
400
12%
—1
Stone Container Corp common
Sunbeam Corp common
37%
„5
capital
Feb
25
(G-L)
National
N Y
25%
8%
»
18%
133/4
__
Jan ;.
37% Jan
'75
:v
-31 %'•. 31 Va
32
7%
-
a42 ;:r; 35
13%
216
a42
/.
__
.
a51% a51%
•/,
—521%
common.!.—
Kelley Island Llme/dt;Trans......
50
25
__
•;:«!
V 34% Feb
*
27V* Feb
a22%a22%..>.-y ^80:
Inter lake Steamship
1,000
100
.v
-
78% Jin:
Jan
15% .Jan.
31%i -Jan*
?r 43% Jan,':- r V5'i" Jan .
1078
Feb..•-••.•/,'• «5
Jan
259
,?
7%
a32l/8 a32%
■
.
Jan
16
Feb
'
13%
16%-' 16%
Stewart-Warner Corp cbmmon
Trane
Haile 'Bros
:
34%
150
264
;'S a52% a53»A<
:
A——_* '
28
'
Co
Cooperage class
11%
33%
—1
common
Works capltaL..
5
Ind
of
Jan
Feb
'
Bros
10%
St Louis Nat Stockyards capital
Oil
Jan
Greif
13%
33%
II
...»
Spiegel Inc common—
Standard
20
90%
'
32
Feb •.;
12%
347 •-/.
27%
45,%Jan
/
29% Feb ;•
14
.
Jan
85
100
♦
Goodyear/rirt7A;?Rubberiii—^—.—.*
Jan
119
:
__
.,-•■
89
2,078
80
,"7%
.L '
;<
10 :
(Un)
27%
II
capital..
capital.
Society Brand' Clothes
Lathe
9
Feb
__1
common;
;Qlidden»^•• •
f -
"
Corp class B common
Signode Steel Strap commonSinclair Oil Corp
Bend
Jan
85
30
16"%
*
Serrick
South
6%
850
85
85
...
common.-
Cummins
Sears Roebuck
8%
7%
8
100
.
';35%V'.V'
35 Va
27%
Eiectrto;:common .(Unr-__.^_.*
General ^Motors
•
Peabody Coal Co class B
13%
78%
■
(Un) _____ 1
Gabriel- Co; (Un)i
•
(
•
Pennsylvania RR capital
Quaker Oats Co common..
;100 •/,"• 80
42
.
Jan
152% Jan,
Feb
40%
25 :
>
1L
Consolidated-Natural Gas (XJn)^—___ 15 'VVV vy; a44%*44%Electric* Controller
'
85'.>;>:
p
Jan
16
10
7%
20 '
150
41
13%
Htgn
19
' •/ 239 ..'148% Feb
14%
—
Clev*landinectelc^IUumln.eom_„y
.Graphite Bronze
16% Feb
Low
a29% a29%
14%
$4.50 preferred
f>
Jan
FCb
16 %
: X20
170
135
7%
7%
.
Feb
,
60
16%
»
160
41
__
——:•:
'
I1,190
17%
gl49%aI5p%
__
ClarkvControlier
»"
.100
/•
25
i
Range Since January l
High
17
...100^ r
;
Share*
Low
Coach&Body_——5
1
Cleveland
common...
Mfg Co common.
10
v
250
Northwest Util pr lien pfd—_
7% preferred
Ontario
Feb
8
900
'
Jan
22
common.—
BanGorp
>
•
|American Tel ds Tel (Un) —
Jan
9
14
common...
common....
111J Corp
^8%
15%
13%
14
•
i..
V
American
Chesapeake & Ohio (Un)
14%
8%
8
..10
common.....
Natidbal Standard
Feb
?■■■•
Sale*
for Week '
of Prices
Par '
.
.
Week'*
Range
Last
Sale Price
.
.
.
..
...
Jan
44%
14 %
vtc_.
common
Monroe Chemical Co
Northern
Jan
50
'
Northwest
19%
700
14%
preferred
Mfg
Jan
9
,
Modine
16%
50
10
Hart Inc
Friday
v
STOCKS—'
55
Ex-diStribution
prior
18%
Cleveland Stock Exchange
Feb
9
55
Middle West Corp capital.
$1
2,650
i
■
_+
7% preferred
Miller St
9
% Feb
6% Jan
850
2%
Feb
2%
4% Feb
28% Feb
4%
Feb
4%
Jan
Jan
33%
.
Jan
6Va
Jan
COMMERCIAL
THE
167 ' * Number 4677
Volume
&
FINANCIAL
V(r
CHRONICLE
(971)
35
STOCK EXCHANGES
OTHER
RANGE FOR WEEK ENDED FEBRUARY 27
•''•k.i'*
;
.•.
V-V-''V '.>'■>
•VV'"-;:
Rickel
Raisin
Paper
Par :/'/•'
2
Scotten-Dillon
Shelter
Lotn
.
r.ov
9
13'/a
<
,
-
7
8%
100
4
r
Feb
Feb
12
Jan
8%
Feb
ioo
9'/2
,
High
'
Feb
3%
461
7
i--: 13Va.
•...
407
;
7
i.
;
'•
Jan
Jan
10
Jan
,16%
American
American
Viscose Corp
Tube class B
common
Timken-Detroit
Axle
15
common-
Brewing common—i_
Tivoli
1
Feb
3'/s
600
3
Feb
3%
Armour
18%
430
18
Feb
19%
Jan
Feb
6%
.5%
•—
Radiator common
Preferred
10 V4
—1
Corporation
Udylite
—;_1
.
■
•;.
200
5%
■5%
Jan
10
Feb
12
Avco
Mfg
Co .class
&
B_—
,;',58W
13%
Feb
17%
Jan
25
58%
Feb
63
Jan
250
15%
Feb
1-1 co
Jan
805
58%
-.>15%
15y«
Aircra
Warner
*
i
1%
*
'
1
Screw Products common
Wayne
1%
1%
1,915
1%
2
2,200
2
Jan
2
Feb
2
—
5
—
__
Feb
Week's
of Prices
Budd
5
-
Corp common—.
Barker Bros
4%%
preferred
Home
Bendix
-33%
Appliances
Chica
Oil
2
California
7%
2.50
Oil
Exeter
class
Ltd
Co
:/
7'%
Jan
Jan
Jan
29
Feb
28
21
Jan
54%
..,
'Feb
Service
Tele
Fitzsimmons
Feb
>60
a
520
-
31%
3
Garrett Corporation
Motors
General
Continental Oil Co
.
Electric
Bond
Co
Oil
A
Electric
General
Foods
Hunt
Ir.tercoast
Oil
Jade
Inc
Gdodrich
(B F)
Graham-Paige
>
460
2,600
>
a6%
Petroleum
.6.66%
100
a9%
51%
626
Jan
92
^: 12
2.35
'1
24%
Jan
Magnavox
Feb
14%
Jan
Montgomery
95c
Jan
Nash-Kelvinator
,
Iron
Lockheed
Aircraft
1
Oil Mng &
Diablo
—
Nordon
Northrop
McNeil
Loew's
&
Clay Products
Pacific
to
Gas
Elec
Rights
Ward
6%
Distillers
Corp
Prod
Pacific
Pacific
Lighting
Feb
24
27%
Jan
New York
Central
43%
92
Feb
100%
Jan
y,12
Feb
14 %
Jan
Pan
1.55
4,500
Feb
2.60
Jan
33c
2,000
H
"
6,000
22c
*■8%
Feb
Feb
34c
Jan
3,700
10%'
81/8
<
:■/'/
15'
£ Jan
Rwy
Drug
Ranch
Rice
Oil
Richfield
Ryan
Corp
Motor
American
Seaboard
Pepsi-Cola Co
_
_
_
Dodge
Phelps
Pullma±k
Oil
Pure
Radio
Co
Jan
7%
Feb
^%
100
4%
Feb
5%
Jan
9%
100
9%
Feb
9%
Feb
al3% al37/a
10
15%
Jan
15%
Jan
727
32%
Feb
35%
Jan
195
34%
Feb
34%
Feb
200
11%
Feb
12%
Jan
14
51%
Feb
51%
3%
4%
Jan
16%
Jan
Jan
Trading
Signal
Feb
Standard
Oil Co
Standard
Oil
1.30
13,175
1.15
500
100
•
1 %
Feb
1.15
1.30
Feb
Feb
95c
1.50
Jan
12%
130
7
7
{(■'
a__
v'.
12%
25
1«C
16c
3,000
7%
300
40c
300
a
16c
Feb
8%
a—
Feb
(Ind)
Co
Sinclair Oil Corp.—...
2.15
7,000
13
310
16%
16%
:100
31%
32%
1,279
%
4,183
hi
Feb
33%
610
33%
45c
Feb
Tide
Jan
11%
Feb
90
26%
Feb
27
Jan
43%
43%
100
,42%
Feb
46%
Feb
8%
Feb
9%
Jan
16%
Feb
33%
50%
Gulf
_
35
20
a 49
a49
Jan
•'
4.48%
convertible preferred
cumulative preferred
Feb
13%
4.32
So Calif Gas Co 6%
pfd A.—
Southern
Pacific
Company
Standard
Oil
of Calif—
Co
50 %
50%
475
•
16%
Feb
19
Jan
United
Aircraft
31%
Feb'
Jan
United
Air
% ;Feb
United
Corporation
50%
Feb
-36
35%
Transamerica
253/4
25%
25%
500
/ 5%
5%
'340
85c
90c
600
22%
5%
Jan
26%
Feb
7%
&
Transcon
Western Air
50
153/4
Jan
17%
900
4%
Feb
5%
Oil
United
of California
18 y2
18%
170
16
a34
47
18-%
States
Steel
Feb
17%
Feb
37%
190
47
47
Feb
51
28%
Feb
33%
12c
Jan
16c
Jan
32c
42c
12,340
32c
Feb
42c
Feb
16%
345
15%
Feb
18%
Jan
Ve 9
725
.8%
Feb
10V« ,Jan
C 16
16
,83/4
8%
•
26%
26%
26%
1,389
27%
27%
27%
641
24%
,.?4 %
32%
25
26%
Feb
29%
Jan
27% <Feb
28%
Western
Air Lipes
.4.566
22%
Jan
33
.586
32%
Feb
48
k "387
443/s
58
1,315
25%
Feb
57%
10%
10%
!'
10%
all7/a
Inc—_——_
Feb
10%
Jan
Jan
16%
Jan
18
100
17%
Feb
19%
Feb
28%
405
26%
Feb
30%
Feb
4%
250
1
a
,11
6,429
55
Feb
.34% ,Jan
50
Jan
62%
.,Jan
Jan
11%
'.'/V
9% >Feb
11% iJan
50
13%
Feb
16
11
1,276
10%
Feb
13%
Jan
18% al83/4
27
18%
Jan
20
Jan
22%
22%
V;-"
a
Western
Union
Westlnghouse
223/4
21%
Feb
a68% a70%
1,746
>292
69%
Feb
77%
Jan
40
41%
475
39
Feb
45
Jan
: 7
"
7
120
7
-Jan
>
7
4VB
10
/Black Mammoth. Cons Mng Co_——_10c
Cardinal Gold Mng Company.
1
;26% ;dan
i
7%
American
Stocks—
4c
v
7%
a48%
•
13%
9%
Jan
Feb
19%
Jan
al9
270
18
Feb
22
Jan
42%
Jan
47
Jan
a46%
a
/.•J/'50
>
46%
a—
'?■
a26 -a26%
a26 •V.":
25%
76
___y
ft—
Feb
30
a8%
a8'/4
45
8
Feb
9%
1%
1%
300
1%
Feb
VA
24%
24%
325
22%
/»: :y.\
Feb
26%
Jan
Jan
Feb
Jan
27
27
185
26
Feb
27
15%
15%
585
15
Feb
16%
Jan
a38% a38%
33
39
Jan
39 %
Jan
71%
Feb
78
Jan
70% a71%
96
17
150
17
Feb
a31% a31%
30
32
Feb
a
17
Feb
20%
Jan
36%
Jan
55%
.v
Jan
110
53%
Feb
a53% a53%
15
49%
Feb
55%
19%
20
500
19%
Feb
23%
Jan
19%
19%
156
19%
Feb
19%
Feb
a53% a54'/8
Woolworth
(F
1°9
156%
Jan
23%
a24
22
23%
al8
20
16
200
••
_1
10
Jan
Jan
Feb
38%
Feb
10%
Feb
13
Jan
187/a
120
18%
26
340
25%
Feb
a7»/8
50
7%
Feb
a44% a45'/a
a45
Jan
17%
2%
7%
170
45%
Jan
18%
a
26
Feb
25%
/'•,
a7%
—
Jan
38%
25..
>k
11%
11
2»/s
Jan
500
a39 % a4iy4
18%
12%
i
Jan'
2%
156%
Feb
17%
11
•
W)
'■i,
157%
ft—
2%
a39%
5
_
a
a—
a
—
2%
10
Corp
87
a
—
1
Teleg Co class A
Co
al55%
10
....
>
a96% a97%
a97%
5
Feb
...
20%
29%
Feb
Jan
Jan
9
45%
J&n
Philadelphia Stock Exchange
Week's
Friday
3% (Feb
4%
Jan
4c
Jan
5c
1,000
4c
Jan
1
5c
Feb
4c
3,000
3c
Feb
>
5c
American
Range
far Week
ef Price#
Sharea
American
Tel
Baldwin
Budd
__
Locomotive
—
100
Works—-——13
>7%
Chrysler Corp
Curtis Publishing
'•
8
51%
•
Co
12%
k
305
56%
High
Feb
Feb
25% .Jan
;153%
Jan
52%
Feb
15%
Jan
Feb
12%
8
341
"
23%
148%
,
330
8'/2
12%-
1
54%
_
11
Jan
Feb
63% .Jan
495
7%
Feb
9%
Jan
16%
7%
--
667
15%
Feb
17%
Jan
51%
115
49%
55%
Jan
7% •
V-.
Delaware Power to Light
•Electric
General
Gimbel
Storage
Motors
—
-13%
—
50%
Battery
.—10 i
Corp
•
50%
.
10
_
_
51 y4
Feb
103
17%
Feb
21%
Jan
9%-
10%
676
9%
Feb
10%
Jan
4%
10
-
4%
_
4%
4%
Feb
u
%
u
Feb
5%
I
National Power to Light
Corp
—III
—60
RR
Pennsylvania -ISalt Mfg—
3'/2 %
4%c
16%
,
.
:
.58%
-
:6 %
k 1,190'
V
Jan
6
%
Jan
Jan
6%
Jan
1,573
18
Jan
19%
Jan
2,045
17 Va
,
/
16%
Feb
20%
Jan
8
104%
Feb
117%
Jan
1,831
w
v....
—100
pfd series-.A
x
41
'
18'%
16%
■
5%
18%
-
Power to Light
Pennsylvania
Jan
861
18 %
18
Lehigh Coal to Navigation
Fennroad
Feb
53 Va
;•
51%
52
'
Philco Corp
common
104% 104%
I*
common
21%
*
23%
....
;
Jan
Scott
Paper
common
50
Jan
7%
Jan
Transit Investmt Corp 6%
150
13
Feb
14%
Jan
United
Corp
125
27%
Feb
27%
Feb
United
Gas
a47%
252
521/4
Jan
56
Jan
Westmoreland
common
Improvement
Coal
20
21%
Feb
23%
Jan
111
22%
Feb
24%
Jan
389
28
Jan
33%
Jan
17%
>■' 215
16%
Feb
20
Jan
41%
42%
15
4iy8
Feb
44%
Jan
51%
51%
266
51%
Feb
57%
Jan
62
Feb
65
Feb
'
51%
t
1 %
100
3%
4%
4,195
2
2y8
.•
1%
*
13%
3,766
23%
29%
16%
16%
*
part pfd__23
1
21%
22%
~
9
8un Oil Co
21%
28%
IIII3
^Reading Co common.-
235
7%
16
Brothers
7%
a49
1,043
______
..
13% al3%
a
162
12%
*
Co
Low
23%
149% 150 Va
150
Range Since January 1
High
23%
23%
.
Tel
&
LOW
*
Stores
Jan
.2,000
Sale#
Last
Sale Price
STOCKS—
a26V4 a26%
Amer
For footnotes see page
4c
220
'
a
Jan
Feb
a41V4 a41V4
—
.100
Co—
Tacony-Palmyra Bridge—
Class A participating
Airlines
Smelting to Refining Co
4%
5c
25c
American Radiator & Stand San Corp.*
American Rolling Mill.
10
5
8%
16 y2
V4
Jan
,3c
———
Unlisted
Feb
85
210
al8%
•
Corp
-
Electric
Si preference
Imperial Development Co Ltd
Va
8%
16%
4
.Jan
■''
Alaska Juneau Gold Mng Co__
4
a
16%
__
Philadelphia Electric Co commonMining Stocks—
Jan
9%
15%
Jan
46%
—
41%
15%
a8'/2
a53%
Jan
60
4,000
a68s/a
Feb
.
28%
*
Bros Pictures Inc
Jan
42c
10
13
4%
Jan
13c
10%
Corp....
120
40
16%
Feb
32%
12c
2
Universal Consolidated Oil Co—
Jan
13'/a
355
10
(Del)
.
15%
147
I3c
•
Jan
20
9%
28%
a 70%
Co.
Inc
.20% Jan
Feb
600
a30 V2 a30V2 /
all7/8
common—25
17 y4
Feb
9%
a31%
Corp
Lines
Pennsylvania
Union
Feb
18%
Jan
15%
5
16
300
Jan
4%
1
Inc^.^
Jan
322
18%
1.10 Jan
4«/s
l&Va
—
52%
Jan
Feb
Feb
85c
al6% al6%
>4%
50c
Corporation
Feb
18
__25
U S Rubber Company
Feb
_s*
„
48%
al4% al5%
*
Lehigh Valley RR
Textron Inc
Jan
a__
16%
—
—
...
Pacific Railroad
Warner
Feb
Sunray Oil Corp—,—....
160
18
:
a._
16
al4%
_
Oil
Carbon
to
Jan
53
,
Carbide
Jan
40
_*"
._
49% -
Jan
49
—25
—25
25
Feb
18%
—
25
Co
Union
_
>
a
12%
13%
—
—25
Twentieth-Century-Fox
2.85
Feb
Southern Calif Edison Co Ltd com—25
100
al6
25
„
Sulphur
Water Associated
Feb
Feb
:
:
8%
al6
16
17
1.95
38%
—
;
Jan
235
300
15
_
_
—
12%
:
;
49
—
Solar Aircraft Company
10%
10%
.1.75
—
J)
(N
Company
Texas
Jan
200
1
•
1
Jan
12%
'M:.
Studebaker Corp
to Co
Jan
8%
Feb
38c
2.00
313/8
v
Feb
Feb
a25%
*
Republic Steel Corp
Texas
20c
Jan
6%
12%
25c
-
Feb
10
>
Jan
220
Petroleum Co of Calif
Corp.
5%
38
11%
al0% alO%
•.
Socony-Vacuum Oil Co
1%
1.15
30
Si6rra
Feb
Feb
38
i
a25%
•
Schenley Distillers Corp.
1.25
Jan
1.15
2.00
-
3%
50
—
warrants
Jan
2,000
4Uc
—15
ft—
a—
600
137'A
*
14%
200
1%
a33 %
Oil -Corp
kv.
a37 V*
;
Par
Shell Union
/
8%.
a
*
90c
al5
1.10
1
———■
30%
Feb
*
Feb
'
Security
Feb
7%
10%
Jan
7%
5
"3%
-'-25
America
of
1.40
40
>
27%
92
4%
a25%
Company
Corp
22%
1%-
-
Sears Roebuck & Co..
75
.33 %
Incorporated—
Feb
1.05
a
—1
50
'
a37%
50
.
Corporation
Jan
■v/W
1
a49
a7%
.2.50
.
1.15
al4%
-
•
Co
Finance
Jan
12
•
Co
Car
20%
49
Safeway Stores Inc
8%
100
Airways Corp
Railroad Co
390
39
common
Feb
12
*
4,124
1
Aeronautical Company,
7%
a51% a52%
—
1.35
49
Co
80
12
„10
_
Co
21%
2.50
Inc
Oil
Jan
a6%
34%
.1
Inc.
__
1.25
10
Republic Petroieupi Co common
Jan
14%
•
Willys-Overland Motors Inc
Rexall
22%
Jan
18%
Aviation
Pacific
Packard
50
—•
Western Oil Corp
Feb
13%
Jan
Jan
—
*
Puget Sound Pulp & Timber Co
21%
81
34%
5
.
.
RR
Ohio Oil Company
Feb
1.25
II
common
300
12 %
'
42
\
97% c Feb
25
Corp
21%
a
34%
Corp
American
1.10
'
a.
preferred
1st
Jan
Jan
Feb
1.15
25
common
2%
-
32%
•
Inc
Co,
&
American Company
97V2c
15
•kV-:-
—
1
_
North
17%
*
—
Feb
7
Company
North
Feb
Finance Corp common.——10
Pacific
2%
32%
*
Union
Pacific
1,150
2%
32%
•
Canada
Libby...
21
1
Oil Co
Oceanic
Jan
21%
al3%
_
_
Inc
Jan
•15%
1
—1
Petroleum Corp.
Occidental
28 y4
—
Jan
25
1
Inc
Aircraft
Jan
•
10%
Feb
al6
a
27c
1
Ltd
Corporation
27 y2
.
9%
1
Corp
57%
: Jan
Jan
1
Fabrics
Mallison
National
Jan
97
__
Jan
21
1.30
1
City Lines Inc
.11%
a6%
*
Swift
National
36%
Feb
Jan
Feb
8%
1
~
Dev Co
Jan
10%
*
9%
15%
1%
Co
Petroleum
Merchants
Mt
36%
160
.1.3
7%
50
-rl-k
Manufacturing Co
Me-nasco
16
10%
al2%
V
*
of
Co
Feb,
al6
1,00
1
Corp
Mascot Oil Company
Jan
133%
a49
.
Corp
Nickel
Feb
15%
'
:
10c
Co
Jan
12%
a28% a28 %
*
_
Greyhound Corporation
..
Jan
Feb
51%
114
:
2.45
al57/a
1
Company
Petroleum
Lincoln
10%
Feb
—5
.
Corp
Radio-Keith-Orpheum
Lane-Wells
Feb
Jan
•:
235
/,
92%
12
2.35
1
Corp
8%
10%
al2%
1
-
—
_
Ry Co pfd.
Feb
10
300
25
p.413,8 a42%
12
10c
Company
Kaiser-Frazer
262
500
10%
*
8%
> \
<90
.51%
k—UP"'"
.
-10
Corp
8%
10%
2%
*
5%
70
8%
24
a41%
•
.
Jan
a25% a26Vs
•
Motors
Northern
Great
127/a
60c
&
.
Co
53%
13%
13%
a9 %
1
common
Feb
Jan
52
a7%
Public Utilities Corp
Feb
Jan
60c 67%c
Co
General
Feb
29 %
100
.8%
4
Motor Car Co
23%
41
Jan
a32%
5
Corp
Pennsylvania
Hudson
Feb
Jan
...
.
Foods
Kennecott Copper
21 %
23%
13%
51%
5
Holly Development Co
Jan
47
5
—
_
General
Jan
11%
24
_
35
8%
-4-1
_
Co
32%
50%
a6
.10
common
Corp
Feb
23%
«
__
Electric Power to Light Corp.
Interlake
70
y.\,'
Goodyear Tire to Rubber Co common..*
Hotels
Jan
31%
41
— -
__
Co
Share
&
International
150
23%
Gladding McBean & Co
Hancock
Jan
29%
70
•
Curtiss-Wright Corp common
Jan
11%
67 %C
(Del)
Publishing
Northern
Hilton
Jan
15%
Feb
130
6%
Corp
Zellerbach Corp
Curtis
Jan
11%
2
(The)—.
Corp common
5%
Feb
130
—
Y)
(N
Co
Aircraft
63%
1,115
13%
1
Feb
23%
•
Southern" Corp.
&
,14%
13% Feb
250
,
a
—,
31%
—1
A
class
4%
y
10%
Company— __25
Edison
Edison
Libby,
1
Radio Corp.
to
Stores
a__
a45 a45%
10
Company
Vulte"e
Crown
Nat
Farnsworth
23%
a
'.
a38% a38%
—
25
Pacific Railway Co
•
a51% a51%
a51 %
4
A
Feb
13%
30%
~
17%
Feb
Feb/
13%
^>-y>'
Jan
15
6V4
7%
,455
24
12 V2
Feb
13%
..«
Corp
Jan
Jan
10
a3% kj
54% >■' 56 %
54%
44%
11%. Feb
725
:<
Jan
77 %c
Feb
17%
1,810
,
V
Jan
24
Feb
10%
4,100
23%
50c
Inc
Products
Electrical
8»/8
a3%
;
1
;,s'
Aircraft Company Inc—
Industries
23%
—•
Corp
Creameries of America, Inc
Dresser
6%
7%
Corp common—*
Steel
consolidated
Douglas
>6%
,L..'
it,
Jan
v
12%
425
45
Continental Motors Corp
Feb
40
52 %c
70
11% ■12%
,20
.
,
/
2,255
.
a28% a28%
Aircraft Company—
Cessna
Chrysler Corp ——
Colorado Fuel & Iron
12%
al7% al7%
Packing Corp common
>6%
Jan
Feb
10
•
Investment Corp
Central
4%
21%
1,500
6%
;
Htgn
<i
500
475
11%
al7%
rJ±-l
Corp
Broadway Dept Store—
Low
r
6
40
12
Kv.;
Blue Diamond Corp.
Bolsa
High
52%c 62 Vic
62 %c
—
Range Since January 1
22 V2
40
Oil Co
Basin
31%
——
—
5
_
Co
Consolidated
6
j'
1
Consolidated
Jan
...
27%
50
.
35
•
Commonwealth
22%
.k k 6
,
—
Barnhart-Morrow
a—
14%
97%
''
59
•
15
_
Borg-Warner Corp
Cons
8hares
Low
1
95
Jan
Feb
Jan
>91
for Week
Par
10
"11%
45
12%
«
(The)
Company
Commonwealth
Sales.
Range
Sale Price
Company
Petroleum
200
34%
Jan
2%
Angeles Slock Exchange '
Last
Bandini
Jan
a
Feb
31%
Corp
Columbia Gas to Electric Corp
stocks—
152%
_
32
a26% a267/8
al2%
—
Boeing Airplane Company
Cities
Friday
High
Feb
a
323
a4%
a4%
3
13
Bethlehem Steel Corp
Canadian
Los
11 %
a87"%
25
(The)—
Corp
Aviation
Borden
Walker
a313/4
Ry__100
Fe
Santa
Locomotive Works.
Baldwin
Jan
:>> 200
10'A
13% ,14
.
58 Va
50
i_l
10 Va
,13'/2
&
Atlantic Refining Co
Bendix
US
Topeka
28
Jan
18
18
- >
1
Jan
3
2%
3
3
'3Va
L-—1
Tool & Die common
Superior
k.
762
2'/2
3
:—
50
Copper Mining Co
to Co
(111)
Low
a47% a47%
a31 a313/4
11%
11%
a87% a88%
a30%
a31
—
Range Since January 1
149
817
al49% al50%
al50
14
Anaconda
Atchison
Standard
100
Tel & Tel Co
Hiah
low
Par
•
Hiah
Bharea
af Prices
Bala Friea
stocks—
Range Since January 1
'Shares
...
Sales
far Week
Last
for Week
.
Waek'a
Friday
Sales
.
of Prices
3%,; 3%
9»/2
•:
common.——1
Manufacturing
.
1
■
——_——10
common
,
-
>3%
_5
common,—..
Week's
Range
Last...
Sale Price
(H W)——•
River
Friday
itCii-'y:'-..!'.ky\
t.'~r%gxOCKB—
2%
20%
235
20%
21%
1,181
34%
34%
25
3%
Feb
4%
Jan
2
Feb
2%
Jan
20%
Feb
22%
Feb
34
Feb
35%
Jan
,
42.
\
S6
THE
(972)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, March 1, 1948
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED
FEBRUARY
Friday
Pittsburgh Stock Exchange
Friday
Week'i
Range
Last
Sale Price
8TOCKS—
'
;
Alleghany
Commercial
Oil
Devonian
i'(
"
Star
Low
High
26%
330
25%
Feb
20%
13%
'13%
14%
46
13Va
Feb
15Va
Jan
10 »/4
10%
158
10%
Feb
12
Jan
2%
2%
100
—
2'/a
-10
61%
__
63
24%
__
110
24%
•
58%
2%
Feb
Feb
63
Feb
39%
"
•,
Jan
■
22%
45
21%
Feb
26%
Jan
18%
126
18%
Feb
20%
Jan
11%
—5
'
21%
__
10
Supply
Fireproofing Corp
'
Jan
23'/a
60
18%
__
—10
Jan
2
I-""*"'
Refractories.—:
n%
4
12%
512
4
4
1
Aircraft Corp
Lyons-Magnus
class B
11%
778
4
14%
Feb
Feb
Magnavox
Marchant
Menasco
Calculating Machine
Co
Mig
Mining—
Toy
__.__._1
t
v
»
•
*
Range Since January 1
High
Low
•
22
Feb
25
Jan
117
14
Feb
16
Jan
3 Va
210
National
City Lines
5%%
3%
Feb
3%
Feb
52%
Jan
Pacific
Coast
34%
Feb
39%
Jan
Pacific Gas &
60
20
60
Feb
100
1
11c
6%
12c
6%
6,515
!6%
11c
100
;
,
New
Jan
61
1%. Jan
15c
Feb
9%
33%
33%
25%
25%
6%
Feb
11%
9%
Feb
30
Jan
Jan
24%
Feb
1,15
Jan
1.80
Jan
•"-"1,710
14%
Feb
16%
Jan
->>'
'8%
Feb
10%
200
6%
Feb
680
11%
Feb
9%
Feb
10
Jan
Feb
72
Jan
390
7%
11%
9%
68
•'
9%
68
__
common
•
Jan
5%%
1st
12%
12%
12%
Feb
5
5
5%
1,067
<4%
Feb
31%
31%
33
-6,949
31%
Feb
__
hi
25
190
,30%'31%
30%
hi
Jan
33%
1,629
Jan
6
Jan
31 %
Feb
30%
Feb
U
Feb
Si
Feb
2,226
33%
Feb
35%
Jan
34 %
—25 ,31%
Jan
15
36%
23,269
U
33 %
____.
;
preferred
68
25 '
5
i—25
w
42
;■
Jan
Jan
9
11%
'
5
,
i
w
1
25
...^
common..
''••"
/
163
30%
Jan
31%
Jan
50%
50%
485
W 50%
Feb
53%
Jan
13%
13%
196
a23% a23%
30
31%
7% Jan
6% Feb
Lighting
Public
34%
238
32%
Feb
37%
Jan
Pacific
335
25%
Feb
30'
Jan
1st
Service...
preferred
Preferred
Pacific
Exchange
:
13%
...
*
,u,
...
Co's
100
Oil
Corp
90%
12%
•:
Jan
15
Feb
24
25%
Jan
97
Feb
Jan
90%
91
90
Feb
142
142
140
Feb
49
49
y 155
49
Feb
49
22
22%
1,035
22
Feb
22%
Feb
11
11
105
10
Feb
12
Jan
a56% a57%
: 293
55%
Feb
61%
Jan
.
—10
--
*
common..
new
—
100
_
.1—
Western
Paraffine
50 %V'
Corp common——*
Pac Tel & Tel common
St. Louis Stock
6%
11%
__
100
com
Fisheries.
Elec Co
1st preferred
26%
>
9
•
210
»
'
Aggfegates
Pacific
•
12.50
16
9
100
American
40
Jan
15%
*
preferred
162
1%
16
'
19
'1,360
-
Jan
5
223
1%
1.65
"
•
25
1.60
—
1
•
Natomas Company
North American Investment
Jan
25
1.60
common—1*
Fibres
41
lie
1
c
Westinghouse Air Brake
Westlnghouse Electric .Corp.
1
■
al0% al0%
__
__10
Auto
35%
1%
1
——
com
22
3%
1
Morrison Knudsen
National
Rights
United States Glass
<*
-150
:
5
—
common
60
__
San
22
___1
Pacific
—...
High
al5% al5%
__
*
Co
34%
__
Co
Low
*"
Lockheed
40
Brewing $3.50 pfd—40
Plate Glass.
10
Pittsburgh Steel Foundry 5 % pfd.—100
Pittsburgh
Pittsburgh
Renner
Shares
Jan
•
_
Fuel
National
High
25%
—10
—.
•
•
.
Gas
Mountain
Corp—
-—-
—
1
•
•
Walker
Harbison
Lone
:
Steel
Follansbee
1
Range Since January l
25%
*
.1
Electric
&
Gas
Continental
Langendorf United Bakeries B—
Shares
*
Co
Blaw-Knox
Low
fsr Week
-
ef Prices
Par
*
Steel
Ludlum
Columbia
Par
;
;
Sales
Rang*
Sale Price
1
Sales
,
Week's
..Last
■
STOCKS—
for Week
of Prices
'■
g7
22%
.
v
94
10 <>
Feb
142
-
Feb
■
"
Week's
Friday
Last
stocks—
Inv-
common
—-
Shares
Low
_il
Phillips
for Week
of Prices
Sale Price
Par
American
Philippine Long Dist Tel Co
Sales
Range
Range Since January 1
High
15
Low
160
15%
13%
Htu,.
15%
Jan
Petroleum
Puget Sound
Shoe
Brown
3
common——
Century Electric Co common.—
Falstaff Brewing
7%
•
•'
15%
51%
32
40 %
625
36%
Feb
43%
Jan
7%
7%
100
7'/a
Feb
10%
Jan
45%
45%
30
45%
Feb
54
7
22%
Feb
30%
Jan
.135
31%
Feb
33%
Jan
240
23%
Jan
Feb
Preferred
Jan
Motors
Feb
13%
Jan
Rheem
Jan
15%
Feb
common
a23% a23%
25
35%
Jan
32%^
•
a31%a31%
—
Roos
Feb
—
l
common
.
Jan
Manufacturing Co
20%
1
Richfield Oil Corp
*
Bros common-..—..——_2—1
S
and W Fine
51%
Shoe
%
—__100
———
Incorp
Preferred
52%
294
51%
Feb
58 %
25%
10
27%
Feb
31%
Jan
Safeway
Foods Inc
20%
20 %
__
16%
16%
29
30
„
—
10
Feb
15%
Jan
18
Jan
120
29
Feb
31%
Jan
230
•
20%
155
*
16
Feb
18%
Jan
18 %
Feb
20%
Jan
9c
Janv
16
16%
18%
18%
635
11c
12,100
—
Jan
Jan
25%
General
General
Pulp & Timber—
29%
10%
150
—
a56%
*
;—
•
15
200
32%
32%
8%
Feb
27
17
i:'
Feb
7%
145
10%
15%
'*■ -
■
32%
—10
(Un»
~
294
27%
10%
w!«'
''
•
7%
271'
■'
-
—
tUn>
common
—
—1
common...
Electric
General
7%
—15 \
10
....100
;
Railway Equipment & Realty Co com.*'
Rayonier
Bank Building & Equipment com...
Co
'
*
Griesedieck-Western Brewing
43
45
270
40
Jan
45
Feb
San
34
34
34%
420
33
Jan
35
Jan
®ihell
Signal Oil & Gas Co class "A"
*
Soundview Pulp
5
Mauricio
Sears,
5
Huttig S & D common
4
Hyde Park Brewing common......
.100
Hydraulic Pressed Brick preferred-
21%
21%
22
27%
27%
27%
195
*
common
21%
Feb
24
Jan
30
*
International Shoe
26%
Feb
30
& Shinkle
Johnson-S
42%
276
41%
Feb
45%
Jan
2%
0
common
2%
250
2%
Feb
3%
Feb
11%
32
11
—
Laclede
Gas
Laclede
Steel
Blanke
Midwest
North
15
20
11
28
—
Feb
12
Jan
Southern
Calif
4.48%
Co
Edison
convertible
'V-
v
25
16
,
1
5%
Southern
Cal
Pacific
50
Service class A
5%
Roebuck
32%
Feb
36%
Jan
30%
Feb
35'/a
Jan
92
28%
651
28
Feb
33%
Jan
27%
27 %
185
27%
Feb
28%
Jan
32%
32%
10
32%
Feb
34
Jan
46
48
1,105
44
Feb
50%
Jan
a21 a21%
104
22
Feb
23%
Jan
125
Co
Gas
pfd
A.—25
ser
Co
46
•
Jan
8perrv Corp
1
■
Feb
31
Jan
Standard Oil
19%
Feb
23%
Jan
Tide
Water
Co of
Associated
Investment
Electric
preferred.
-100
—
1,845
54%
Jan
62%
Jan
10
20
19%
20%
1,664
19%
Feb
24
Jan
2
10%
Jan
5
—
Feb
I9
Jan
Transamerica
Feb
16
J4n
Transcontinental
&
16%
Feb
19
50
15%
Jan
17%
Jan
Union
Calif common.——25
5%
200
5%
Feb
Jan
Union
65
32 %
Feb
10%
11
9,523
*
160
-
v
1
.
34
7
36%
Oil
*
Corp
Co
of
Air
Western
al8%
95%
49
95%
Feb
48
10
144
San Francisco Stock
Feb
100
,
55%
0
92%
Gold
Juneau
'
United
U S Steel
Consolidated
Air
Indies
Shares
29%
%
2.50
V;
400
RR
:
25
—_____l
—
Bank of California N A—
Ink
—L*
Co
Eureka
'
fc'1:
'■
■'
_
295
48
High
American
28%
53%
Jan
American
Jan
American
6%
Feb
7%
5
Jan
6%
Jan
Anaconda
235
Feb
260
Jan
Argonaut Mining
225
Jan
295
Feb
Armour
Corp
.2.50
—
50
1.05
54%
Commonwealth
Consolidated
Creameries
Edison
Vultee
————
Air
48
Jan
51
Jan
Atchison
28
Feb
33%
Jan
Atlas
411'
1.05
54%
"
53%
Feb
58
Jan
Avco
1.00
Feb
1,125
a257/s
■:
—
common..
1.30
54%
14%
Jan
630
11%
Jan
Canadian
27%
Feb
34
Jan
Chesapeake
91%
Feb
98
13
Jan
Cities Service
Feb
107
107
32
103%
Feb
13%
104
12%
Feb
7%
7%
175
7%
Feb
8%
Dow
Chemical
Co
34%
34%
110
34%
Feb
37%
Jan
•
common
_
__
..
El
S
Dorado Oil
126%
Eureka
18%
20
3,334
15%
Feb
13%
13%
100
13%
Feb
32%
32%
32%
360
31%
Feb
2.60
2.50
2.75
2,905
2.40
Feb
5%
.4
.—
6%
450
5%
Feb
CO CO nU 0^ a33%
55
.
:
Food
Television
Radio,.
1
...
&
10
Machinery Corp
P
•
Jan
General
Motors
General
Paint
Service
Gladding McBean & Co
Golden State Co Ltd
4% preferred
Greyhound Corp
Hale
Bros
Hawaiian
Holly
—
Inc
Commonwealth *&
20
Feb
13%
Jan
3 *s
Jan
7%
Jan
37%
Cons
37
>
Jan
Gas
Co
Co
Jan
Feb
a51%
a51 % a53'/4
726
52%
Feb
57%
Jan
54%
aan
Feb
152%
Jan
40%
31'
4%
Jan
-11%
11%
11%
120
11%
Feb
89 %
;
89%
170
50
al9% al9%
•
Feb
Feb
Jan
•
4%
Jan
14%
Jan
Feb
93
Jan
Feb
89 %
20 "
-
44%
33%
Feb
20
Feb
,
235
4%
Feb
al3
95
14%
Jan
255
26%
Feb
29%
Jan
141'
31
Feb
34%
Jan
4%
4%
al2%
v:
5%
.
Jan
.Jan
15
26%
26%
a30%
a30%
a32
3%
24
3%
3%
3,731
3
Feb
4%
Jan
24
24
101
23
Feb
26%
Jan
10%
10%
254
10%
Feb
11%
Feb
41%
41%
377
40%
Feb
44%
Jan
a32% a33%
23
32%
Feb
35%
Jan
45
15
Feb
16
Jan
—
41%
a33%
of
•
Y
N
15
a20% a2C%
a2%
21%
•
:
a2%
21%
—
30,/.
21%
a._
7
r'
2%
21%
130
Feb
Feb
—
2%
Jan
capital
15
common.—.1
•—
.'■■1%
a43% a43%
a6%
a6%
a__
22%
Jan
100
a—
7%
Jan
Feb
—
8
'49%
Jan
20
Jan
20%
Feb
300
24
Feb
30
Jan
General
17
1,949
Feb
10%
Jan
Goodrich
49
a7%
7 %
a7 %
1
4%
4%
4%
*
10
25%
25%
5
General Electric Co
25%
49
„*
:
common
a
310
49
Feb
85
7%
Feb
8%
270
-
4%
Feb
5%
Jan
30%
Jan
,
Jan
Jan
150
20%
•
1
*
*
1
20%
24
r-
ji_——_
16
70
70
85
10%
10%
405
16%
10%
16%
...
15%
,,
*
Electric
Bridge
Bond & Share Co
Food
(B
Feb
72%
Jan
Goodyear Tire
12
Jan
Graham-Paige Motors
270
16%
Feb
19
Jan
Hobbs
Battery Co class B
Mary
17
1,866
16%
Feb
19%
Jan
Idaho
2,500
1.60
Feb
2.60
Feb
International
15%
1,756 '
53
a
52%
Feb
56%
16%
Feb
20%
Jan
150
15%
Feb
17%
Jan
Mines
Tel
16
16
,
Co
&
%
50
67
8
Feb
9%
Feb
11
Jan
5'/a
Jan
1,043
32%
Feb
35%
J^n
100
35
Feb
39
Jan
130
a__
260
a__
a—
a—
3%
4%
#
4%
735
3%
4%
4%
100
4%
.<
Feb
Feb
5%
-
Jan
7%
Jan
2.45
800
25%
246
25%
Feb
27%
Jan
20
11%
Feb
14
Jan
a36% a36%
•
2.50
25%
al2% al2%
1
•
Co
32%
a41% a42% '
*
1
Canada
Tel
Johns-Manville Corp
Kennecott Copper Corp
Loew's
a32% a32%
20
—1
'
common
common
Corp
Nickel
Feb
4%
350
40
34%
Feb
2.05
Feb
2.50
Feb
Jan
79
15%
& Rubber
25%
460
26
a52% a52%
a34%
Co common
Feb
1,135 >
4%.
9%
v
a34% a35%
32%
*
.*
:
66
2.40
52%
a
F)
4%
9%
5
Corp..
10%
2.30
52%
—0
1
Domlnguez Oil Co
16%
2.35
—6.66%
67
200
8%
10%
5,605
34%
Jan
34%
Jan
67
Feb
Feb
15
Jan
,
__
Feb
44
,243
43
Feb
47%
Jan
16%
.16%
330
16
Jan
18%
Jan
15%
15%
1,130
15%
Feb
17%
Jan
6%
6%
50
6%
Feb
7%
Feb
-
Jan
60.
•
•
34%
44
•
;
Inc
8%
Mat,son
Navigation Co
McBryde Sugar Co
•
5
page 42.
14%
Feb
Jan
Jan
6
P2
see
Jan
13
149.
487
10
Del
Co
6
Idaho Power Co
For footnotes
Jan
27
51%
45
1,035
235
15
Oil
Feb
*
common...:
:•
245
.————
Publishing Co
Jan
IXL
Corp
120
13%
4%
—25
——
Curtiss-Wright Corp
5
f
Kaiser-Frazer
a
Feb
31%,
25
Continental
5%
—
Mining Co.
Feb
*
RR
Corp
220
100
com
al2%
25
41%
-.5
Motors
210
:V
Corp
Foods Inc
8%
1
,
Hunt
24%
Jan
4%
5
._
new
Continental
5
Pineapple Co. Ltd—
Oil
13
Edison
Natural
10
Hudson Motor Car Co..—
10
Feb
Feb
40
;
International
Honolulu
25
al49 % al50V8
3
Southern
5%
*—
Development
150
100
5
Fe__
Solvents
5%
pfd....
_
Feb
Jan
7%
40%
5
common
commor.
5%
—.3
Stores
Co
2
common
Jan
69%
11
24%
lo
31%
5
com
5
com
cum
22 %
Feb
Feb
31%
4%
50
;
Corp
5
Corp common
Corp
no¬
a48% a49 V4
a
•
com
Ohio
&
Commercial
Dumbarton
Linen
•
•
Mining
Co
—2%
Foster. & Kleiser common.
Galland
Feb
9%
Jan
Curtis
Farnsworth
■:
a7%
25
* 25
100
Pacific Railway
Consolidated
19
—
-
Corp
14
1
*
Works
Electrical Products Corp
Emporium Capwell Co common—
a7%
Columbia River Packers
*
Doernbecher Mfg Co
19%
69%
:>
Jan
5
common
San
Refining
common
Airplane
118
13%
—
Giorgio Fruit Corp B
430
a22% a23%
a23%
20
Holdings Corp.
2,516
•
Di
Aviation
Boeing
<
Jan
24
locomotive
Bethlehem Steel
Feb
29
Std
Topeka & Santa
Bendix
12 %
92
Jan
42'/a
104
,
&,
(111)
Jan
165
11%
Co
Jan
12%
91%
Feb
78
Feb
a._
—
Blair
27%
18%
Feb
38%
a69
*
Copper
62
Jan
Jan
a
Jan
69
125
9%
& Tel Co
17%
Feb
17%
a__
28%
92
preferred
5
Jan
12
20%
16%
450
Jan
28 %
28%
*
■
19%
19%
i;
262
'
a69
Corp
40
.a
Jan
9%
Manufacturing Corp common
a25% a25%
11%
5
65
;;
"•V;:
a23% a23%
1
$4.20 preferred
250
54%
al6% al6V8
1
Cr.own Zellerbach Corp common
2nd
.
__25
Corp
of Amer Inc
'
•
Feb
20
40%
—1
&
Smelting
Tel
&
Baldwin
Chrysler
94%
Feb
Jan
365
.
70%
40%
1
—
Radiator
4%
32 %
3%
29
*
Colorado Fuel & Iron pfd——_ —20
Columbia Broadcast System
-2%
Feb
15%
1
Factors Ltd
Feb
205
48
28
17%
69%
•
American
50
a6 Va
235
53%
_
53%
1.05'
"II
Mining Co
6%
235
295
California Packing Corp commonCaterpillar Tractor Co common.. — —I'
Central
a
235
0
California Art Tile B
California
6%
a
__._-__100
92%
200
-
.100
Co
Airlines
Feb
300
7
17%
—
10
preferred
American Woolen Co
Bandini Petroleum
Jan
Unlisted Securities—
20
7
'■
26%
Range Since January I
580
4
Oil
common
American
High
29%
Feb
.
Low
29%
4
20
Corp
Sugar common
Pacific
Yellow Cab Co
Air Reduction
of Prices
10
Co
Lines
17%
*
Corp common—.
for Week
Par
Mining
Feb
21%
15%
10
Jan
Sales
Range
Bale Price
.
Alaska
21
92%
15%
:
Sugar common...
Feb
Exchange
Week's
Last
Angio Calif National Bank——
Atlas Imp Diesel Engine
13%
Jan
■•■;.
a22% a22%
12%
preferred
Western
Low
Feb
16%
256
19%
a
Jan
West
STOCKS—
10%
103
Jan
95%
Friday
Jan
57%
18%
50
v:;
49
49
140
57%
13%
5%
.
15
common
Feb
,
57%
Oil
Universal
Securities
122
.—*
Cal
•
Wagner
V
126
28%
28%
25
15%
33%
.
Feb
149
145
Feb
A
St Louis Public
Sears
13c
a33% a33%
a30 V'a a30%
Co—
preferred...
141
16%.
15%
'
—
"_25
Feb
28
30
18%
14
16%
0
common
(Unj__
common
:K.
Feb
4%
'100
18%
_
Cement
2&
19%
14%
590
13%
__
_
& Supply
American
50
5%
19%
common
Portland
15
4%
common
Piping
Missouri
:■
__
4%-
common.
McQuay-Norris
Meyer
.5
common
common..
10c
10c
a33%
a30%
•
15
""mmon
Southern
Laclede-Christy
10 pesos
& Co capital
Oi1
Jan
41%
—1
common
Mining
Roebuck
Union
»•
"
Johansen Shoe
18%
5
common
43
.
_
Inc
Stores,
a
sew?
15%
•
Volume
167
Number 4677
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(973)
37
OTHER STOCK EXCHANGES
RANGE
Friday
Week's
Last
STOCKS—
Low
18
a31
M J
&
M
&
Montgomery
Mountain
National
N
Y
Cons_!
M
Ward
City
& Co
•
Copper
'*■
RR
capital
American
American
Co
Northern
Pacific
Oil
Co
50c
Railway-.:
49
Feb
53%
Jan
50c
Jan
51c
Jan
130
18%
Feb
21
Jan
12%
Feb
15%
Jan
8%
Jan
10%
Jan
15%
15 %
125
17%
17%
a28% a28%
150
100
a28%
lo
.
a
Airways
:
120
120
120
4%
Feb
a9
1
19%
19%
17%
17
17
115
305
33Vic
18%
10
Jan
9
Feb
20%
Jan
32%
Jan
.
*
Jan
18%
Jan
4%
520
50
common
16%
Feb
630
a9
Pennsylvania RR Co
120
Feb
Feb
4%
Feb
Jan
10
Jan
18%
Feb
21%
Jan
17
•
Feb
20,
Jan
305
18
Feb'
22
Jan
50
41
Feb
48
1 I:
7
a4G% a46%
10
7
Feb
16
a„
•
a26a26%
80
20
—
*
Reynolds
Tobacco
Riverside
Cement
Sinclair
Oil
a40%
V :
7
8%
362
7%
Feb
9%
7%
7%
200
7%
Feb
8%
Jan
24%
24%
259
22%
Feb
26%
Jan
a38>/a
a38%
70
39%
Feb
40%
Jan
16
Jan
8%
\
a—
26%
Feb
class
B
16%
200
15%
Feb
18':
Jan
15
Feb
.10
A
Co
Corp
al6</4
Standard
Bran.ds
Standard
Oil
Btudebaker
Co
30
CANADIAN
60
1,029
14%
Feb
16%
Jan
277
26%
Feb
29%
Jan
26
Jan
18 Va
Jan
a23% a23%
25
24
Feb
a70%
25
a
70% a71%
16%
17%
130
69%
Feb
77
250
16%
Feb
20%
Jan
15%
100
15 Va
Feb
15%
Jan
1
10
—
capital
15%
—25
15%
30%
,
Jan
30%
10
34%
Feb
36%
Jan
25
55%
55%
54%
394
52%
Feb
59 Va
Jan
Corp
5
24%
24%
24%
206
23%
Feb
26 %
Jan
Warner Bros Pictures
—5
11%
11%
470
10%
Feb
12%
Jan
Feb
46c
Texas Company
common
United
Aircraft
Westates
West
Petroleum
Western
LISTED
a
common-
1
35c
1,893
5
4%
5
1,142
4%
Feb
6%
Jan
Insurance-
Life
Air
Woolworth
a
1
Coast
.—5
13%
13%
13%
40
13%
Jan
13%
Jan
Lines
Inc
(F W)
33c
33c
a
-12%
com_
common
7%
a
26%
7 %
50
26 %
257
a—
110
a44Va a45%
a45%
10
—
33c
Jan
'
-1
Westinghouse Electric Corp
Jan
16 %
15%
26%
a
a23Va
N J
common
Sunset McKee Co
Swift &
15%
Inc
of
Co
Corp
Jan
15%
al6%
.25
common
.
26%
.
.15
Ltd
High
-
8
7%
So
Ed
LOW
8%
Socony-Vacuum Oil
Cal
Range Since January 1
High
Lpw
of America
Jan
25
Pioneer Mill Co
Corp
Preferred
18%
a40% a40%
*
Corp
Pure Oil Co common
17%
20
4%
Feb
27Va
2
2.50
Pepsi Cola Co
15
75.".
16% al6%
Shares
Republic Steel Corp common-
271
■
for Week
Radio-Keith-Orpheum
150
\
.
Jan
200
12%
Portland Cement preferred--100
Motor Co common
*
Inc
22c
50c
Packard
Pullman
Jan
""'"' 473
Pacific
Phelps Dodge
19c
10
common
Pictures
Radio
9%
Finance Corp common
Paramount
Jan
13%
common—
American
34%
al8% al87/8
18%
Sales
Range
of Prices
Par
Jan
12%
Pacific
Pan
2,050
High
34 %
"9%
Aviation
North
50
20c
Week's
Last
Sale Price
STOCKS—
1
—•
North
Ohio
a
27
Range Since January 1
Low
a31
a49% a50%
50c
FEBRUARY
Friday
Shares
High
19c
a49%
—5c
—
Distillers .Prod
Central
20c
1
ENDED
for Week
of Prices
Par
McKesson & Robblns Inc—.
WEEK
Sales
Range
Sale Price
FOR
a—
Feb
25%
28%
a
Jan
a—
MARKETS
RANGE FOR WEEK ENDED FEBRUARY
27
Montreal Stock
!
STOCKS—
Sales
y-:v;
Range
for Week
Shares
Week's
Last
Sale Price
STOCKS—
Range Since January 1
'
:;VL":*
Abltibi
Power
$1.50
&
Paper
Par'
Low
•
com
preferred
13%
preferred
Acadia-Atlantic Sugar class A„
13%
Low
*
18'%
1,985
19
19
20
14%
19%
36%
_20
$2.50
High
36%
.18%.
17%
)'
High
13%
Feb
\ 17%
Jan
1,650
18%
Feb
20%
36%
Feb
38
16%
Feb
19
;
Jan
International
67o
Bronze
Steel
common!
*
38
38
•
209
198
40%
Aluminum
Co
of
Anglo Can Tel
pfd
1,630
37
Feb
56
212
675
195
Feb
224
pfd
50
25
435
24%
Jan
25
Feb
48%
49
48
Feb
49
Pow
&
Pap
class
A
Brazilian
British
17%
Light &
Bank
Power
Note
American
Oil
International
Nickel
of
Paper
Columbia Forest Products
British
Col
Class
Power
Corp
Class
B
l'hf,
Feb
21%
20%
24%
2,615
21%
24%
25
A
•
3%
285
3%
26
25'%
♦
22
5%. pfd._
Jan
19 %
Jan
i
19
20%
Feb
23%
Bunding
Canada
•
Products
Cement
$1.30
•
preferred
100
Canada
Northern
Canada
Steamship
5%
*
common
3%
Jan
25
Feb
1,425
3'/8
Feb
4
90
24%
Feb
26
900
2%
Power
99%
99 %
22
22
23
29%
29%
16%
—
Jan
2'a
Feb
28%
2l'%
Jan
Jan
preferred
10
99%
Feb
100
' Feb
125
21
Feb
24
Jan
29%
240
28%
Feb
30%
Jan
16%
225
16%
Feb
19
Jan
28%
50
—
27
Jan
28%
the
of
77"
Jan
110
29%
Feb
32 %
Jan
10%
30
9%
Feb
13
Jan
21
21
20
21
Feb
27
Jan
30%
30%
31
1,757
30%
Feb
34%
Jan
49
48 'A
50%
2,746
48
Feb
59
Jan
•
13
12%
13 Va
1,000
12%
Feb
15"%
Jan
43
43
41
Feb
50
Jan
Feb
•
5
Woods
preferred
Breweries
60
10
Jau
11
Jan
1,110
37%
775
•
Canadian
Car
&
Foundry
21
21
11%
Feb
13%
Jan
36
Feb
40%
Jan
4,925
20
Feb
23%
35
35
35
•
common
Class A
20
11
34
Feb
37
Jan
11
.
—
'$1.75
Celanese
•
series
series
$1
common
11%
630
10%
Feb
13%
16
560
15%
Feb
17
Jan
Canadian
Class
21%
25
—
A
preferred
-
Cottons
6%
Canadian
Foreign
Investment
Canadian
Ind
preferred—'
Alcohol
class
233
58
35%
Jan
22%
Jan
14
50
14
Feb
15%
Jan
12
12
60
12
Jan
25
25
25
33
28
28
25
11%
11%
265
11 %
11%
to
100
~
•
—;v: ; • !
11%
•
26
32
Jan
11%
Feb
13%
Jan
30
11
Feb
13
23
Feb
30
13%
Feb
15%
•
23%
23 Va
24
13%
13%
14
5,671
*
Dominion
Dominion
Dominion
Dominion
77c
Bridge
6%
Coal
Dairies
A
•
preferred
25
Red
common
common
*
20
Tar
&
Coal class
Chemical
B
'A' pfd
Heating Products
Players Canada Corp
Foundation Co of
5%
General
Power
Howard
$2
Can
20
Jan
322
27
Feb
32
Jan
85
16
Feb
19
Jan
10
■>.
30%
33
23
Feb
28
Jan
55
30%
14
30
Feb
34VB
Jan
32%
Jan
33 %
Feb
18 %
Jan
510
14%
1,318
23
23
20
20
%
200
12
11%
12 %
26%
26 Vs
14
4,375
—
10
75
Feb
Feb
Feb
27
Feb
21%
Jan
11
Feb
12%
Jan
28
Jan
*
preferred
& Alabastine
Bridge
Paper
50
•
t
common
Bay Mining & Smelting
For footnotes see page 40.
*
*
50
*
265
17
Feb
19
Jan
14
150
11%
Jan
14
16%
475
16
Feb
18
Jan
21
225
-20%
Feb
24%
Jan
Feb
20
Jan
103
19
125
18%
103
103
5
103
Feb
108
Jan
110
110
55
110
Jan
110
159 %
Feb
Feb
17 %
Jan
Lewis Bros Ltd
*
14%
14%
14%
NfacMillan Export class A
*
6
Massey-Harris
Mitchell
new
(Robert)
300
Feb
4
14%
15
202
50
Molson
Breweries
Ltd
Cottons
13%
6
50
70
13%
•
18
35
17%
Locomotive
Telegraph
Works
Tramways
National
Breweries
7%
Drug
14
7
745
26%
26
45
45
46
44%
44%
45
26%
,
'310
5%
1,430
16%
Feb
19
Jan
9%
Feb
13%
Jan
Feb
7%
Feb
Jan
20
910
16
Feb
20
35%
515
34
Feb
37%, Jan
Car
pfd
,
31
'
40%
Feb
12
Feb
700
14%
Feb
16%
Jan
15
48
Jan
48
Jan
34
315
32
Feb
36%
Jan
40
41
806
40
Feb
45
Jan
130
42
Jan
42%
42'/a
11
11 Va
85
19%
19%
20%
800
24
•
11
15
48
33
'
24
5
Corp
12
15
'
34
25
Chemical
&
Steel
.
•
preferred
National
National
.
Niagara Wire Weaving
Ogilvie
7 7o
Flour
*
5 '/a
L
H
&
2%
42%
44%
;
11
Jan
19%
Feb
24
Feb
44%
Feb
25
Power
50
44%
45%
25
100
Rwys
26
1,105
272
5
162% 162%
Feb
28
Jan
11%
Jan ;
22%
Jan
25%
Jan
Jan
165
Jan
,40
191
15%
Feb
18%
Jan
10
102%
Feb
102 %
Feb
Feb
32 %
Jan
38%
39%
1,490
15%
15%
16'/a
102% 102%
—_—100
51% .Jan '
-l
Jan
38%
•
common
162'/a
v
25
*
preferred
Page-Hersey
Tubes
Ltd
Jan
Feb
*
30
30
30 Va
*
63%
63%
63%
53
63%
Feb
65
1
19 Va
19 Va
19%
6,525
18'/a
Jan
21
Feb
•
38%
38 %
38%
625
37
Feb
41
Jan
common
Placer Development
Powell River Co
Power
Corp
Bros
4'/c
*
Ltd
Co
common
12%
12
60%
60 %
62%
95
95
100
Provincial
Transport
Quebec Power
215
13
*
of Canada
&
preferred
Paper
14%
Jan
11
Feb
58%
Feb
20
94
Jan
10%
Feb
13%
Jan
17
Jan
17%
Jan
12%
2,096
10%
17
29
1,000
.
•
11
75
17
•
*
17
427
Jan
68
Jan
98%
•
Jan
St
Lawrence
4 7o
class
A
Shawlnigan
Series A
Sherwin
com
preferred
St Lawrence Paper 6 7o
Jan
14
101
5
101
Jan
102
11
11
105
11
Feb
50
pfd
Breweries
of
Can
37%
77c
com
Jan
21
21
•
45%
50
45%
145
pfd—100
145
12%
•
common
115
115
100
Water & Power
4% preferred
Williams
13%
101
•
preferred
Ltd
Corp
13%
*
100
com
Saguenay Power 4%
37%
115
•
15
235
36%
50
21%
1,071
45%
720
113
145
5
20%
.
45%
144
16%
Feb
46
Jan
Feb
132
Jan
21%
Feb
Feb
13%
17%
17%
16%
17%
6%
6%
940
6
150
75
17%
140
16%
Jan
Jan
Jan
15%
Feb
Jan
19
F?b
12%
47%
•
Feb
12%
1,265
Feb
Jan
Jan
Jan
18
7%
Jan
I
South am Press
Southern
Steel
Co
of
*
Co_
Canada
•
Power—
Standard Chemical
preferred
69
230
67
Jan
77%
Jan
73
73
73
55
73
Feb
79
Jan
1
7
Jan
160
15
160
6
835
160
—100
Cotton
5%
5%
70
70
25%
25%
25%
*
4% 7a
Winnipeg
Electric
preferred
Limited
Jan
67%
•
&
Western Grocers Ltd
5 %
;
v
69
—__—.——*
Walker Gooderiiam
Zellers
Feb
*
common
Tuckett Tobacco 7%
United
Steel
Corp
(Geo)
Feb
25
Canada
Brothers
Weston
16%
•
common
preferred
Tooke
Worts
class
•
A_—*
34
34
99 Va
99%' 100
•
24
22%
100
preferred
96
—100
common
-
Jan
Feb
165
Jan
Feb
7
Jan
2
70
Feb
78
Jan
385
25
Feb
27
Jan
20
34
Feb
34
75
99%
Feb
10.0
2,306
20 %
Feb
96
96
35 Va
*
common
24%
5%
7%
35 Va
50
5
25%
Feb
Jan
Jan
96
Jan
98
Feb
34'/a
Feb
35%
Jan
Banks—
„
14
.
i'
25
•
common
—
Electric
44%
•
Mills
preferred
Ottawa
Feb
16%
Jan
49%
Feb
52%
Jan
13%
Feb
15%
Jan
Feb
7
Jan
Royal
115
23%
Feb
30%
^
Montreal
6
22 %
Feb
22%
276
22%
22%
405
22
Feb
23
Jan
10
Imperial
249
20%
21
10
27
27
700
26
Feb
27
Feb
10
Commerce
22'/a
Feb
Jan
Nova
6
Jan
Jan
48
15
100
common
...
12
•
40
Montreal
35
*
common
Montreal
Montreal
Canadienne
50
10
*
15%
10'/8
3,816
17%
10%
*
Feb
Feb
9
17%
6
17%
•
com
14%
,275
10%
6
*
Oil
55
10
9%
Jan
3
2%
—
Jan
Feb
Jan
18%
32%
14
Wabasso
17%
20%
•
inc
25%' Jan
16
18%
Feb
159
Jan
20
13
—
27
55
7%
23
■
17
•
285
200
Sicks
8
50
23%
27'A
15
„
Jan
Jan
80
33
'
—
14
100
preferred
Hudson
— —
16
100
Steel Wares common
Smith
8
23 %
13
*
Bakeries Ltd
Lime
;,2G
Feb
17%
17
•
preferred
Hamilton
Feb
16%
28%"
*
com
Goodyear Tire 4%
Gypsum
24
17%
*
preferred
5%%
General
Jan
28
20
&
Gatineau
38%
,
«
Eddy Paper Co Class
Famous
25
*
Dryden Paper
Enamel
Feb
100
common—*
common
34
1,100
23'%
Textile
Jan
Jan
17%
.
27
159
Rolland
11%
100%
25
•
27
Jan
Feb
24%
8
Jan
Feb
17%
—
Jan
,
10
24
28%
Jan
*
...
Feb
91%
35
*
preferred
Dominion
360
1,594
35
*
preferred
&
11
95%
—
*
common
Glass
"
24
—
Foundries & Steel
Dominion Steel
Dominion
94
'
Seagrams
Dcminion
11
94
*
Davis Leather Co Ltd
Distillers
11
5
Jan
14
Price
125
25
Smelting
/ Jan
Feb
,.
&
12
Jan
Locomotive
Glass—:;
14
25
159
Penmans
*
28
Pacific Railway
Plow
Feb
Feb
Jan
25
,
——*
Canadian
Mining
36%
36
21 %
Canadian
Consumers
Feb
21%
36
A
Jan
13%
24
14
Jan
14
•
Consolidated
64
21%
B
Cockshutt
Feb
2G
25
—
Canadian
59%
*
—.
Converters
B
Class
58%
12%
25
245
159
Jan
15%
59%
10%
13%
24%
3
Ottawa
Canadian
55
13%
24
_
Jan
100
22%
♦
Bronze common——
11
10%
24
*
'.
Noranda Mines Ltd
Canadian
Canadian
10%
100
*
common
(John).
V
—100
Feb
10
12
36
36
355
10
•
10%
Jan
25%
:
Jan
2%
11%
Corp
common
31
Feb
Jan
24
"
920
26
2%
100
31
Jan I
24%
12,574
Laura Secord
Jan
168%
18% Feb
1,860
Lake
Montreal
British Rubber of Can
Bruck Si'k Mills
25
175
Corp
Jan
Jan
17%
Utilities
26%
Feb
•
-
24%
14
Ltd
Co
Jamaica Public Ser Ltd
Labatt Limited
17%
17%
.
24%
High
16%
Jan
*
Feb
160%
19
*_•
13
Feb
Power
Jan
372
19
International
McColl-Frontenac
British
12%
15
common
Petroleum
7%
610
25
,
12%
3,923
12
Canada
International
Jan
25
84
Jan
„
Feb
6%
18%
*
.
common
preferred
conv
M
25%
17%
•
Co..
90
775
164% 165%
100
Trac
3%%
25
•
•f
■
7
7
;
■
Telephone
British Amer
48%
•
common
15%
Jan
24%
25
Corp
Bathurst
B* 11
4%
4% %
Co
Argus Corp Ltd
Abuestos
Can
Low
15
25
International
Ltd
Aiummium
Range Since January 1
High
15
—_—*
common
preferred
International
Aigoma
Low
Shares
Jan
305
of Prices
14%
Imperial Tobacco of Canada common_5
47c
preferred——;
25
Industrial Acc-p Corp class A
•
Jan
10
~
———•
Sales
for Week
Range
Par
v
:
Last
Sale Price
Imperial Oil Ltd
of Prices
Friday
Week's
Friday
Exchange
Canadian Funds
145
493
45
43 Va
Feb
Jail
48
Jan
48%
Feb
10
25%
25
26%
1,225
10
36%
36%
37%
290
10
*
Scotia
24
24
24%
50
50
25
28
Feb
35%
1,420
Feb
$3,000
50
Jan
Jan
37 %
Jan
24
•
Feb
25%
Jan
50
Jan
Bonds—
Montreal Power 3%
notes
1949
-
38
THE
(974).
COMMERCIAL
&
CANADIAN
FINANCIAL
LISTED
RANGE EOR WEEK ENDED
CHRONICLE
Monday, March 1, 1948
MARKETS
FEBRUARY
87
Friday
Montreal Curb Market
Week's
Sales
Last
Range
for Week
Sale Price
STOCKS—
of Prices
Shares
Canadian Funis
Par
Friday
Week's
Range
Last
stocks—
Sale Price
Sales
Fontana Mines
fer Week
of Prices
*
Limited
Steels
Atlas
Bathurst
Power
&
Low
Shares
Range Since January 1
Paper Co
Found
I'M
Belgium Glove &
57o preferred,:
Hosiery
10%
11
445
5
5
50
160
160
160
g
100
com.—
—
*
10%
4'/a
160
V-» to sS
Feb
7%
7%
25
7%
—
16%
16%
50
16", 4
Jan
Gold
Mines
Ltd.
Distill
&
Brewers
Ltd
Vancouver
of
British Columbia
Packers Ltd
5
Brown
Company
common
52
5%
300
75
76
50
"15%
9%
-1
_1
Hollmger
Feb
Ltd-
4
4
4%
5,203
82
84
56
15%
15%
16
549
15%
20
105
20
14%
140
14
Consolidated
Jack
Joliet-Quebec
Jan
Lake
Shore
Mines
Ltd.
25
Jan
Leitch Gold
Mines
10%
7%
Industries
•
common—
preferred
_
Canadian
Inter Inv Tr 57c
Jan
Lingman Lake Gold
20
21
lt>6
167
110
—I
Power
&
Paper Inv Ltd com
Vickers
7%
cum
Western
5%
_
24%
Lumber
Co
2
Jan
Louvicourt Goldfields
Feb
Malartic Gold
61%
Jan
98%
5
98%
Feb
106%
1.50
510
1,45
Feb
1.95
Food
Ltd
Products
preferred
cum
Chatco
Steel
Prod
Claude
Neon
Gen
Advert
Ltd
Consolidated
Div
Sec
Consolidated
Consol
Jan
Normetal
Feb
25
Jan
27
135
30
130
Jan
141
Feb
Textile
Mills
Ltd
1.00
2.00
Feb
57c
Pamour
Mining
Quebec
Jan
Quebec Manganese
Quebec Yellowknife Gold Mines Ltd
41
26%
347
•25
Feb
28
15
15
185
15
Jan
15
12
12
25
11%
Feb
13%
Jan
40c
40c
500
40c
Jan
50c
...
51
wr 30
50
Feb
58
Jan
4
2,325
4
16
16
23
16%
16%
3%
Feb
; 75
3%
Fairchild
Aircraft
Labrador
Santiago
Sherritt-Gordon
Canada
20
Jan'
23
Feb
15%
Feb
19
127
17
Feb
30
7
168
34 &
275
17%
Jan
Stadacona Mines
32
'
Feb
230
50
8,822
8%
225
1.00
1.25
1,500
8
Jan
Sullivan
6%
33 %
33
Feb
7%
40%
Feb
Feb
38
Thurbols
Feb
International
5%
Paints
■>:
37%
Feb
40
Jan
23%
(Alfred)
Oil
British
8
1.00
Feb
Feb
9%
-
2%
Jan
Dom
Gas
23
Jan
Pacalta
40c
Feb
5
16%
75
47
47
5
48
3,235
16%
18
24 %
2
Vz'
17
575
18
25
5
42%
16
18
Feb
Feb
Feb
Feb
15
24%
24%
Jan
6
19
Home
200
.2%
Jan
3%
Exploration
Oils
Feb
10%
28
28
50
27%
Jan
28
10
440
Jan
10%
14%
pfd—
13
13%
275
9
12%
United
United
Securities
Woods
589
Feb
13 Vz
2,745
98
Band-Ore
12%
20
Feb
23%
Jan
65%
Feb
71
Jan
97/b
Feb
10%
Jan
Aigoma
19%
19%
40
19%
Feb
19%
Jan
Feb
Aluminum
12%
12%
13
125
11%
7%
7%
7%
150
7%
15
15
15
100
15
Feb
60
109
Jan
109 % 110%
53
—
red pfd—100
pfd
25
20
75
10%
■
*
10%
40
52%
Jan
Feb
Feb
25
5
100
4%
Feb
110
13%
Feb
9%
9%
9%
600
9%
Feb
104
107
207
38c
38c
5,215
•"
*
5
*
18%
18%
5
18%
345
.
100
55%
10%
14
105
16%
111
Feb
5
104
37c
5
18
Feb
Feb
Feb
Jan
6
14%
10%
115
40c
6
Jan
Jan
Jan
Jan
Jan
Jan
Jan
18%
Feb
Jan
12
Jan
12
41
10
10
95
10
JanV
10
Jan
45
45
100
45
Feb
45
Feb
4
—
—1
7c
_
1
-
Ltd
Gold
Bouzan Gold
Gold
Candego
Mines
Gold
Ltd
Mines
—
Gold
Century
Consol
Cortez
Gold
Mining
Central
Mines
Corp
Explorations Ltd
Cournor
Mining Co Ltd
Feb
3%c
Jan
Feb
12 %c
Feb
6c
6%c
3,000
6c
Jan
11 %c
11 %C
13c
14,800
10c
Jan
1
16c
16c
26c
356,500
10c
Jan
Mines
__
1
1
5c
5c
>. 500
5c
Jan
5c
5c
5c
599
3c
Feb
6c
.
6c
6c
2,000
—
2%c
2%c
500
Donalda
Mines
Ltd
7c
22c
26c
Feb
;
Apex
Ltd. —1
...
El
Sullivan
Gold
Sol Gold
Mines
Mines
16c
Ltd
16c
22%
Argus
For footnotes
see
page 42.
40c
V-
10c
:10c
1,000
8c
61c
2.10
:
60c
7.40
Feb
Feb
8.00
Jan
Feb
45c
Jan
Feb
Jan
13c
2,162
55c
Feb
67c
10c
11c
1.000
10c
Feb
11c
Feb
1.70
1.8D
4,000
1.60
Feb
2.08
Jan
9%c
Feb
19 %c
Jan
5c
Jan
9c
Jan
1
10c
10c
10c
4,500
7c
6c
8c
157,500
1.65
23c
1,000
18c
44,750
3.55
4
1.65
15c
17 %c
3.55
100
500
1.65
,
Feb
19c
Jan
2.08
Jan
12 %c
Feb
3.25
1.92
1.60
.1.92
6,000
1.25
6.00
6.00
6.15
1,240
5.25
12%c
12c
64,800
6%c
2,000
16
.'
15c
6 %c
*
16
25
10c
6c
Feb
Feb
23c
20 %C
Jan
3.55
Feb
Jan
1.92
Feb
6.50
Jan
16c
Feb
9%C
Feb
Jan
Feb
Feb
Feb-
Feb
16
FROM
JANUARY
1
FEBRUARY
TO
Jan
18%
20
Exchange
Week's
Range
Sales
for Week
Sale Price
of Prices
8hares
*
Low
\
Range Since January 1
Low
High
High
Feb
17%
Jan
Feb
20 %
Jan
16%
Feb
18%
Jon
99
Feb
\
Feb
:<). v,v
13%
5c
6c
Feb
2%c
Feb
500
2%C
Feb
4c
Jan
13c
4,900
9%c
Feb
16c
Feb
10c
1,000
16c
16c
18c
9c
16c
16,300
11,500
4,500
15c
6c
Feb
Jan
22%
82c
22%
82c
30
500
24c
25c
4,000
1
1.95
1.95
1.95
200
1
2.60
2.60
2.77
4,000
82c
82c
95c
7,900
20c
20c'23%c
10,500
Ashley
Oil
Athona
Aubelle
Feb
12c
Feb
1.52
Jan
65c
6c
Feb
Feb
9%c
Jan
Feb
31c
Jan
Jan
9c
Feb
7%
Jan
15c
1
--
7%c
—1
6%
common
.100
.
1
—
Oil—
...1
—-
1
—
1
The
of
report
prices
week
for
was
the
not
sale
current
Feb
83
Jan
Jan
15c
Jan
22c
Jan
•JOn
,Tor|
12
Feb
13%
Jan
lbV40
Jan
lie
Jan
75
received
We
7c
Feb
intend to publish these
8c
Jan
7c
up
to
press
time.
1
—
figures in full
in
'
Jan
9%c
Jan
10%
Feb
13%
Jan
9c
next
Monday's issue.
Feb
15c
Feb
15c
Feb
25c
Jan
10c
1
...
Feb
Jan
10%c
—:
Mines
2.12
Feb
Jan
5c
...
&
Feb
42c
4%c
1
19c
l>
Aumaque Gold Mines
Jan
Feb
3.10
Feb
4%
Feb
5
Jan
—1
15 %c
Feb
20 %c
Jan
1
———10
.——-—-—-10
6%c
Feb
25%
Feb
28
35%
Jan
37
9%c
Jan
1
Gold
Aunor
—
Bagamac Mines
Cons
•;
—
Montreal
of
of
Nova
Scotia:
56c
11c
22c
9c
Metals Mining.—.
class
Power
L_.
iClass B
—
——i
A.
*
Jan
4.00
Feb
8c
Jan
'
Jan
12%c
Jan
.
>
18%
Feb
22
Jan
L
4
—J.
Exploration & Radium.————1
Feb
6
36c
Jan
72c
Jan
Jan
Feb
Jan
Beatty
Jan
Brothers
-
——*
.
—1
Yellowknife
Beaulieu
Belleterre Quebec
1
—-—100
——.
Telephone—
Berens River
——
—
1
38%
Feb
41''''"
Jan
10c
Feb
25c
Jan
7.70
Jan
160%
Jan
53c
Feb
65c
Jan
Jan
8.90
169
Feb
Jan
Feb
Jan
Feb
80c
Jan
1.09
Feb
24c
Feb
27c:„
Feb
.Bonetal
Feb
1.95
Feb
Boycon
3.50
Jan
1.31
Feb
23%
Feb
Jan
9c
_
Yellowknife
23
Feb
Jan
1
Mines
Atlas Steel
22c
Jan
Feb
38c
...1
Quebec
Jan
2.60
Jan
25%
Resources
Gold
Astoria
Feb
19c
224
Feb
..10
20%
70c
Jan
Feb
Feb
Ashdown Hardware class A
I5c
1.76
Jan
24%
Armistice
Bathurst
Jan
Feb
9%c Jan
Jan
13c
56
25c
—25
...i
Base
4c
Jan
87Vic
Feb
-Feb
1
pfd
Yellowknife
Corp
Jan
2 %c
40c
Jan
5%c Feb
45c
8,200
8%
Feb
195
•
4 7o
Canada
Feb-
100
4%c
75c
^Preferred
Bank
4%c
24c
1
of
Arjon Gold
Bankfield
4%c
9C
1
Ltd
Mines Ltd
100
37%
common
Porcupine
Aquarius
Bell
__1
East
Eldona
400
45c
III"111
Area Mines
Feb
9%c
*
East
1,508
8.00
45c
common
Ltd
Cons
Jan
10c
.
__1
Mines Limited.
Jan
2.20
8.00
17%c Jan
40c
'•
„1
Dulama Gold Mines Ltd
Malartic
3.00
2.15
——*
Ansley Gold'...
!■•••'
Bear
42c
•
Ltd
2.15
_1
20
Mines
Steel
•
60c
Feb
28c
Jan
14c
Jan
17c
Jan
—1
23c
Feb
29c
Feb
4c
Gold
Pershing
—
Feb
6c
Jan
9.50
Bralorne Mines Ltd
Mill an
18%
Feb
1
—
&
Feb
Feb
21 %c
'.111
Gold
Bidgood Kirkland Gold
Bobjo Mines Ltd
Brand
17.
46c
1
Bertram & Sons A
Bevcourt
Dome
Jan
7%
Anglo Canadian
Bank
.'!7
1
Ltd
Mines
16c
•
Paper common
Auto Electric common—
Ltd
Cadillac
2c
12c
6c
•
Mines
Cartier-Malartic Gold Mines Ltd
Centremaque
560
1,000
Jan
__1
Corp
Jan
3c
7c
1
12c
12c 12 %c
1,000
:
Ltd
Mines
Feb
10c
—
Diamond
4%c
10c
.
Mines Ltd
&
22,000
—1
Yellowknife Mines Ltd
Bouscadillac
7c
.
—1
Beaulieu
Brazil
5c
—
..1
Bonville
Feb
v
Anglo Rouyn Mines
Jan
Jan
12
Ltd.
Ltd
12c
Jan
Jan
4
8%
Gold
Atlas
Mines
13,500
--
Amalgamated Larder Mines.—.
Feb
100
...
Alger
American
Jan
20
13%
38c
13%
10%
10%
—
100
Ltd.—.
"
53
20
„4
Limited
Gold
16c
—__—100
Aluminium
Beatrice Red Lake-Gold Mines Ltd
Bob's Lake
14c
Yellowknife
Akaitcho
70
150
Ltd
Mines
Feb
16c
Agnew-Surpass
10
3c
Gold
Feb
Jan
13c
0
Acadia-Atlant class A
66
50
Limited—
89c
65c
Feb
'
preferred
97/a
Ltd
Mines
$1.50
65%
100
Mines Ltd.
Mines
Arno
Aubelle
Feb
Feb
7c
Par
Abltlbl Power St
Jan
Mining Stocks—
Alger Gold
77c
89
Last
*
com
pfd—
Manufacturing Co
Feb
Jan
Jan
.
19c
Friday
Jan
66
4
Windsor Hotel Ltd
9c
Jan
8,000
Ltd
Preferred
*
Canada
5.20
6%c
Jan
4
6%
5.80
Jan
Canadian Funds
•
Paving & Materials Ltd
of
5%
*
Ltd
*
Distillers
Jan
13
•
Co
5
23
(Canada) Ltd
Pr
225
13
Ltd
Invest
5
22
Ltd
Canada
Standard
Feb
13
Sangamo Co Ltd
Southmont
93
22V4
Ltd—
N C part 2nd pfd
Southern
5
5
Ltd—
Industries
93
10
Enterprises Ltd
Russell
Jan
3,000
Toronto Stock
Jan
5
4
com
—_
Rand Service Stores
19%
93
100
Paper Co
Quebec Pulp & Paper 7%
Quebec Tel Corp class A
800
7c
23c
RANGE
,
1st
5.60
7c
.
51,900
Feb
9
13
20
cum
1.50
Feb
61.100
Jan
Jan
10
Jan
6%
Feb
1.95
2.17
Feb
10
Corp
1.34
—
Jan
/ 20
6%
100
5.50
l
0
Ltd
Co
Jan
9%
20
Power
1.50
Jan
Feb
Feb
Jan
Paul Service Stores
1.85
Jan
c
_
Jan
Crush
1.68
3,850
1.18
32c
Oil Co Ltd
Jan
18
14
Orange
1,400
2.05
Feb
24% .Jan
43
Nuclear
1.80
1.90
Feb
1.05
%
54% Jan
"25
•
Power
1.75
1.95
Jan
Feb
and
27,600
Feb
13c
Royalite Oil company Limited
Feb
Light
1.10
1.90
Jan
1.66
*
Jan
Feb
11%
Scotia
1.07
89c
•
21
38%
Nova
9,150
3,900
1 ;
25c
170
Royal Rice Mills
l.OO
1.95
9c
Gaspe Oil Ventures Ltd
296
470
Corporation
Jan
97c
77c
Company Ltd.
200
12
Mount
Jan
1.45
Jan
1.25
Jan
Jan
39
Moore
Feb
8c
1.85
1.10
•
23
3%
11%
Ontario
Feb
25c
Oil
40c
49
38%
&
Feb
51c
■
Corp
35c
Feb
Feb
•
preferred
5c
Feb
1.00
Feb
Jan
81c
Ltd.
Co
Dev
&
Homestead
Foothills Oil &
Jan
Oil
Oil
22%
2%
Maple Leaf Milling Co Ltd
*
Maritime Teleg and Tel Co Ltd-.com. 10
67o
1.00
Feb
14%
Jan
13
43c
—1
__
40c
40
3%
MacLaren Power & Paper Co
Minnesota
8,900
10c
22%
1
Limited
1.30
97c
_
stocks—
Melchers Distilleries
■;•? 1.25
60c
185
9%
Inc
4%
1,000
•
_
__
Anglo-Canadian
9%
_
Oil
8c
25
Stocks-
Jan
A..*
Lowney Co Ltd (Walter M)
McColl-Frontenac
7c
1
Mines
Jan
20
cl
—
.
1
Ltd
3,850
*
Ltd
preferred
cum
Lambert
(Can)
3,400
Ltd
2%
•
Hydro-Electric Securities Corp
25
48c
Ltd
1944
Mines
Mines
40 %
4
pfd
14
1.00
1
Vinray Malartic Mines
Jan
Jan
20
Gold
Cons
40
4
A
Feb
Jan
255
23%
100
,
Ltd
Feb
49c
30c
Soma-Duvernay Gold Mines Ltd
Consolidated
1
Felt Co
6c
Feb
1
2%
Great Lakes Paper Co Ltd com
Hinde & Dauche
Feb
35c
45c
1.25
1
2%
Hubbard
4c
200
10 %c
—
*
Fraser Companies
6,000
_i
Ltd...
Ltd
*
class A
Feb
6c
40c
'
(Que)
Mines
Omnitrans
Ford Motor Co of
•,
•
Ltd
Gold
17
36
Mines
Mines
7,7£'o
37%
;
•
Foreign Power Sec Corp Ltd com
67o cum red preferred.
Feb
3c
_50c
Siscoe
17%
21%
X
me
..
Mines
Sigma
50
37%
22
1—5
anups
nn
______
Feb
23
•
!
Jan
32
35%
__
Fleet Mfg & Aircraft
59c
Feb
1.00
—l
4%
17
36
_
Limited
Fanny Farmer oanuy
__
_
16%
34
*
Dredging LtdCo Ltd
Feb
16
7
*
Eastern Steel Products Ltd
Gold
Cons
Feb
3%
I
,
31
—
*
Paper Co Ltd
Jan
2c
Jan
50
*
Square Corp
50c
250
4uc
1.90
Jan
Feb
Engineering Works Ltd.
Donnacona
1,000
1.50
Ltd
Pato
38
0
Dominion
Corp
Pitt Gold Mining
258
50
Dominion Oilcloth & Linoleum Co
Jan
2c
Porcupine Mines Ltd..
Standard
Dominion
Jan
11c
10
.
■
pfd.....20
Class B
12
Feb
54c
*
Jan
39%
*
David & Frere Limitee A
Feb
Feb
8c
575
i
——
Jan
3%
38
26
__
_
Jan
16c
Jan
4
1
•
Ltd
Corp
Paper
Feb
322
47c
O'Brien Gold Mines Ltd
Feb
—
Consolidated Lithograph Mfg Co Ltd
14c
5c
l
21
#
pfd.
6,000
11
—
l
Dredging
23
*
common
Standard
Cons
6
100
Commercial Alcohols Ltd
15c
54c
•i~~"
80
3%
O
corn-
Preferred
Feb
2c
l
23
*
com
i
Fields Ltd
21
38
—_
Ltd
Jan
17c
14
Ltd
1.00
*
com
11c
Jan
3%
*
Jan
500
23,800
10c
-54c
1
--
Macdonald Mines Ltd
Feb-
66%
15
__
Westinghouse Co Ltd
]/5c
24c
13c
20c
Jan
133
100
_
Jan
_
Ltd
Mines Ltd
Gold
23
-
w
93c
10%
.1
1.00
1.00
*
common
preferred
Canadian
Canadian
Catelli
Ltd
_
21
*
*
Canadian Silk Products class A
Canadian
Feb
8c
1
-
Mines
Feb
Nechi
Candn
75c
1
Ltd
Jan
175
66%
425
200
1
1
Ltd
Mines
20
1.50
—
Mines
Laxe
162
64%
65
pfd..Too
cum
Company
1,305
98%
0
Ingersol Rand Co Ltd
Canadian
Canadian Marconi
20
166
Too
__
_
Jan
77c
Ltd..—1
Ltd
15
Feb
Jan
4c
14c
....—
Mines
Jan
Lingside
Canadian
Gold
Jan
108
Feb
5c
2,oU0
13c
Gold
Consolidated
18%
Feb
14
*
•
J-M
Jan
6'/a
Feb
Jan-
4c
Feb
87
Feb
20
14%
»
_
Ltd
Invest
3%
82
Jan
20c
17c
17c
—
International Uranium Mining Co
Feb
5%
Feb
84
Dredge & Dock Co Ltd
Gen
16%
Feb
High
6c
Jan
5c
8%c Feb
77c
Ltd
Heva Gold Mines
Jan
17
Feb
5%
74
100
Dominion Sugar
Canada &
15%
5 */2
—1
Preferred
Canadian
15%
5%
•
Pulp & Paper com
Canadian
15%
class B.4
Columbia
2,000
39,700
4c
Goidvue
Mines
Low
5c
„
Hudson-Rand Gold Mines Ltd
British
5c
8%c ll%c
—.—1
Goldbeam Mines Ltd—.—.
Jan
5c
8 %c
Range Since January 1
High
Jan
163
Jan
Lake
1
-
God's Lake Mines Ltd—
Jan
6 Vz
Feb
Feb
7%
20
—-—
High
10%
*
Ltd B_
pfd—
Belding-Corticelli
High
Low
1
.1
fr'orinaque Gold Mines Ltd
*
Par
(.1945) Ltd____
<
Brantford Cordage
class
A
-
preferred-
Feb
-■
11
Jan
70c
Feb
1.00
Jan
26%
Feb
26 Vz
Feb
Volume 167
Number 4677
THE COMMERCIAL
CANADIAN
.
,
Friday
Week's
Range
Sale Price
,
.
Par
of Prices
.(
Shares
Low
Brazilian Traction Light & Pwr com—*
Red Lake—_
1
American
Oil
17
6c
33/4%.
preferred
conv
25
..
Columbia
British
Columbia
Electric
4
pfd
100
Forest
7VaC
Jan
Feb
23%
Jan
Jan
24%
Jan
94
Feb
British
Columbia
Class
Power
A
Jan
2%
Feb
0
16c
British
Rubber
Eroulan
preference
Porcupine
Dominion
Feb
Jan
24c
Jan
Silk
Dulama
100
1
—
Mills
Feb
100
Feb
Gold
Buffadison Gold
Buffalo
37c
Jan
23 V*
Feb
99c
Jan
East
Crest
East
1.75
Canadian
Buffalo
Red
Building
Jan
12c
Jan
15 %c
Feb
16c
:
Mines
1
Products
Jan
25c
Steel
30%
Jan
11
Feb
24
*
12%
Jan
29
Jan
Feb
16%
8»A
Jan
1
&
caigary
2nd
preferred---!
Flin
Calmont
•
Oils
15c
15
Feb
Canada
Feb
4.65
Jan
Bread
Jan
9c
Feb
33c
Jan
Feb
10c
Feb
26c
Feb
45c
Jan
1.61
3.50
Jan
*
8
Malting
•
Canada, Northern Power
Feb
21
Feb
30
Jan
38
Jan
Feb
19%
Jan
74c
Jan
Jan
1
18c
Jan
25c
Jan
Feb
20
Jan
4
Feb
Jan
B
A.
17%
—
1
Palconbrldge Nickel
Famous Players
Fanny Farmer Candy Shops
2.85
Feb
68 y2
Jan
Feb
18%
28%
Feb
Federal
Feb
53 y2
Jan
Fibre Products
11 y2
Jan
Preferred
18
Jan
Grain
Canada
Packers
class B
S S
Lines
10
100
common
Feb
16%
—0
Canada Permanent
Mortgage
Canada
Federal
com
Feb
196
,
^Feb
—*
12
Mfg & Aircraft
of
Canada
Feb
Feb
6c
Jan
7'A
Feb
9
Jan
8
Jan
8%
Feb
2%
Feb
3%
Feb
class
A
0
Class B
Canadian
Bakeries
Feb
14
Jan
Francoeur
Feb
41
Jan
Freiman
75
Feb
Feb
25%
6l/2
_10
Feb
Canadian Canners
1st preferred
common
—
Convertible
Canadian Car
22
•
preferred
The
pfd
Preferred
Canadian
Industrial
loo
Alcohol
"A"
Jan
21
Jan
103/8
Feb
13 3/8
Jan
We
15 y2
Feb
17
Jan
56%
Feb
63%
Jan
?n
Voh
25%
Jan
Monday's issue.
100
—
253/4
Feb
bo%
up
Canadian medgTIIIIIIIII*
Products
Feb
18%
intend to publish these
figures in full in next
20
Canadian Food
24%
*
to
not
press
received
time.
10
Feb
Canadian
Pacific
Canadian
Cariboo
—*
75c
•>
Railway
Wirebound
class
A_.
Castle-Trethewey
Patricia
Central
Mines
Porcupine
Chemical
Gold
Citralam
,
,
1.35
Knitting
1.40
Cochenour Willans
Cockshutt Plow
Coin
33c
Lake-j
Collingwood
Feb
13
common..:
65c
Feb
2.90
Jan
25c
1
Yellowknife
1
Commoil
Feb
1.25
Jan
Feb
5c
Bakeries
Beattie
2
Jan
27c
Jan
Feb
9
Jan
9
Feb
9
Feb
7%c
Consolidated
Consumers
Convent
Press
A
100
1.00
16%
Exploration
Jan
Cosmos
—'
101
1
-
Nest Coal
Patricia-
Aircraft
23
Petroleum
Jan
Feb
22c
Jan
Davis
Leather
class
A
*
Delta
Dexter
Red
1
Mines
Lake
Red
4%
1
Dome
Mines
Ltd
For footnotes
see
page 42.
Jan
2.65
Feb
10c
Jan
16c
Jan
9c
Jan
Feb
5c
17 %c
Feb
25 %c
Feb.
108
.
Feb
common
19%
Feb
20
13 %c
Feb
15c
Jan
Jan
52%
Jan
Feb
Jan
*
15%
Feb
19
Jan
*
40%
Jan
44
Jan
common—
10%
Feb
11
Jan
88c
Feb
5V2c
Jan
3c
Jan
Rock
%
Gold
Mines
a
Carpets
•
Gold
1
Jan
5.00
Feb
32c
Feb
-,11%
,
Feb
Jan
Jan
7c
Feb
7c
Jan
8c
Jan
79c
Jan
95c
Feb
5c
Feb
7c
Jan
1
10c
Jan
1
73c
13%
Dauch
'«
Feb
13 %c
16c
.
Jan
Jan
95c
Jan
Jan
14'A
'
Feb
6c
Jan
24 %c' Feb
8c
Jan
9%c
Consolidated
Gold
Mines—5
"
1
Feb
15c
Jan
18
_.
Yellowknife
Jan
19 V*
Jan
12
Jan
10
5.35
Feb
Howey Gold
Bay Mining & Smelting.
Jan
30c
Mines
-
Feb
6c
25c
Gold
12c
Feb
*
common
Mining
6.60
Jan
9c
Feb
Jan
40c
Jan
Jan
32c
Jan
.
43%
class
48
Feb
Jan
3V2c
Jan
83/4
A
Jan
2%c
Malartic
Ltd
10%
1
Oil
Hudson
.10V4C
1
—
&
4.25
•
•
1
Mines
Gold
1
Jan
'
Jan
45%
Feb
■/>
14c
Imperial
Bank
Oil
Feb
10%
Jan
25%
Feb
27
Jan.
14%
Feb
16'/2
Jan
12 Va
Jan
14 y4
24%
Feb
25 y4
Jan
Jan
5c
Jan
Jan
Jan
Jan
Jan
93A
1.00
Jan
21c
Jan
Feb
18c
Jan
Feb
26%
11
Jan
•
Indian
Lake
Gold
1
Inglis (John) & Co
Inspiration Mining
—6
8%
7c
Feb
Feb
9
Feb
Feb
55c
Jan
Jan
Feb
10
Imperial Tobacco of Canada
ordinary_5
4% preferred
25
•
,
Int'l
Bronze
Int'l
Metal
Feb
1.60
Jan
9y«C
Jan
Jan
48c
40c
Jan
•
Nickel
International
^
A
Co
Petroleum
common
•
Feb
Feb
1
Powders..,
class
Feb
30c
*
International
Uranium
Mountain
Jaeknife
Feb
82c
Jan
50c
Feb
64c
Feb
20
50c
Jan
65c
Jan
Joburke
Jan
23
Feb
Joliet
•
-1
50c
*
Jan
16%
Mines
Gold
Jacola
Mines
Jason
V* Jan
Jellico
Mines
—1
Mines
-
•
14c
Jan
2.04
Feb
55c
1
2
Jan,
10c
Jan
19%
Discovery Yellowknife
Distillers Seagrams common
Diversified Mining
7%c Feb
2'/2c
Island
.
Jan
Feb
90c
40c
1
Jan
4c
3'/2c
Hugh
Jan
6%c
1
Lake
Dickenson Red Lake
,
j
J
Jan
1.34
1
16c
—1
International
Mines
Jan
Jan
Hoseo
30c
*
#
Delnite
Feb
Jan
24
Class B
Denison Nickel
1.09
Feb
10 %c
*
Jan
12c
Monday's issue.
Jan
Jan
Home
Jan
27%
10c
1
17V2c
30c,
Jan
Jan
11c
*
D'Aragon Mines
Davies
154
Jan
65c
Cub
,
'
Jan
16
Homer
Feb
42
1
Jan
13c
next
Feb
Hollinger
Feb
76c
._100
1.09
in
13
Hinde
26c
1
Feb
full
•
Highwood Sarcee
Feb
10%
Feb
4%
74c
figures in
Swayze.
Imperial
Pershing
Crowshore
Feb
Feb
16c
—10
78c
Jan
Hunts
Bit Co
Crestaurum Mines
3 V2c
Jan
49
Jan
25
1
Feb
58c
Feb
Highridge
•
Mining
Craig
Crow's
Jan
21%c
22
common—_—*
Imperial Mills
Croinor
21c
Feb
.
80c
Corrugated Paper Box
Cournor
Feb
•
i
Jan
2%c
time.
67c
Mascot
Hendershot Paper
Heva Gold Mines.
Jan
85c
Jan
Paper
Hedley
Jan
Feb
148
Feb
intend to publish these
press
1
Headway Red Lake
Feb
91%
5 .y\*
14c
10c
to
.101
preferred
Harricana Gold
Hasaga Gold
Jan
1.50
13c
*
Gas
Jan
Jan
We
up
22c
Heath
Feb
Jan
Feb
16c
;t
•
6.10
5.25
1
Harker
Feb
36c
•
10%
Homestead Oil
Consolidated Mining &
Smelting
Jan
Feb
not received
*
Gold
Harding
Feb
61c
1
Consolidated
Jan
106 Va
1
Hard
Jan
15
Mines
Cadillac
Central
16V2
Jan
103%
1
Hallnor Mines
Jan
•
Consolidated
Jan
Feb
14
current
Halliwell Gold
fan
2.45
'
was
the
*
.-.
Gypsum, Lime & Alabastine
Jan
10%
11%
83c
week
for
*
common
West Saddlery
Halcrow
Jan
1.40
*
100'A
Gunnar
Jan
Feb
34c
—5
»
Consolidated
Consol
Great
*
Coniagas Mines
Coniaurum Mines
Jan
Guayana Mines
Jan
Feb
5%c
,
A
Feb
Jan
8%
.
Jan
100 y8
sale
3
Bousquet
Class
8'/2c Jan
Jan
8%
*
•
——-
prices
of
50
Great Lakes
Jan
Feb
22 %c
-1
Term
Preferred
Porcupine
Mines
Graham
Feb
10
report
1
Grafton & Co class A
Jan
2.15
•
The
—1—\
Mines
Goldvue
Jan
16c
3%c
•——1
3%
Mines
Goodyear Tire
Jan
Jan
TO
—1
Feb
1
-Preferred
Feb
H 00
1
Gold
Goldhawk
Jan
20c
•
Golden Manitou Mines
*
Malartic
Colomac
Feb
5%c
1
1
1
Goldora
Jan
2.45
1
2.29 Feb
2%
*
1
Golden^Arrow Mines
Jan
8
1
.<—100
Gold
Eagle
Jan
2.65
113A
1
Mines
Chrominum
Circle Bar
25
Feb
38c
1
Mines
Chestcrville
Feb
10c
-—10
Jan
100
Lake
Goldcrest
Jan
18c
1
108
Goldale Mines
Jan
—0
Jan
Feb
101
*
Oil
God's
Jan
15
15%
1.21
1
Research
Chesklrk
mo
87c
1.20
1
20
Gold
Globe
Gold
Feb
1.95
Feb
Feb
Lake
Glenora
Jan
Feb
.
Gillies
Feb
:
Jan
1
Gold
Cent rem aque Gold
Chatco Steel Products common
Preferred
Chi
30
j
24
1
Jan
1.81
Yellowknife Gold Mines
Jan
•
12
„0
Gold
Central
13%
Feb
133/4
25
Jan
94
18%
300
Preferred
Jan
Feb
24
*
preferred
Bakeries
Giant
Jan
9U
..
Locomotive
Canadian Malartic
Canadian OH Cos common
113A
dull
11%
Canadian
15c
Feb
•
Prod Mfg preferred.:
General Steel Wares common
Jan
was
23%
Jan
*
Power common
General
21%
the
Jan
10c
Jan
Feb
for
21
100
General
18'A
week
*
class a
of
24
5%
Jan
4% Jan
92
*
J)
preferred—
Exploration
Froblsher
Jan
23
sale
nrires
•
—-
common
report
Feb
pncfs I0r l"e nirreiit
current
20
—
7%
Feb
20
*
•
Gold
(A
Gatlneau
:
Canadian Bank of Commerce
Canadian Breweries
A
Jan
•
■
Wire & Cable
Jan
23
50
35
70
Preferred
Canada
.
•
class
Jan
Jan
5c
10
Fleet
Jan
Jan
18
47%
3%
*
Ford
201 y2
Jan
Feb
1
com
Jan '
4.55
40%
*
Kirkland
Feb
16
1
Feb
4.55
Feb
3.90
Jan
Jan
•
"<
1.30
Feb
4
Corp
Jan
*•
*
Jan
9%
*21
,
Canada
Feb
1
Feb
Class
4%
Feb
Feb
17%
Eureka
Jan
2.08
2.65
1—1
Jan
25
class
46
,
12c
—
—
2 7'A
<>
•
Feb
68c
Feb
60
2n.
Jan
7c
Mines
"16%
*
Feb
74c
57c
Jan
—-.—50
Preferred
29
1
9c
2.75
Feb
Jan
Feb
l
65c
Feb
1.10
.„20
Feb
*
_i
Canada Cement common
Jan
Jan
A_
Feb
4
common
B
Jan
12%
17c
Mines
6c
2.48
-
Preferred
Paper
41c
1
Jan
21%
Feb
7c
Eng Electric class
!—1
26%
Feb
Bdona Gold Mines—
CI Sol Gold Mines—
Feb
Jan
1
Campbell Red Lake
,
Flon
Jan
14 Va
*
Edmonton
Callinan
Eddy
sucier
10c
3.65
Linen
Feb
44c
Jan
Feb
Jan
11
Oil
Sullivan
Feb
18'A
.
24%
—
Eastern Theatres
Economic Invest
i
Calder-Bousquet
Caldwell
Feb
20
Oil—,
Malartic Mines
East
•
13%
*
13%
72c
Mines Ltd
Eastern Steel
Feb
73/4
Burrard class A
Jan
24
•
Amphi Mines
East
*
—0
.
28
Jan
Jan
Feb
1
*
Burns & Co class A
Class B
2.40
*
Lake
Burlington
Jan
28%
Buffalo
25
Leduc
East
•
Feb
Feb
23
Jan
70c
Jan
—1
Ankerite
27
22%
Mining Co
Duvay Gold Mines
Feb
High
Jan
*
Duquesne
32c
*
Low
25
Donalda Mines
100
Range Since Janoary 1
High
1
Stores
22
Bruck
Low
Shares
Dominion Tar & Chemical
pfd_—23.50
Dominion Textile new
100
26% "'Jan
23/4
for Week
10
Dominion Steel & Coal class B
Jan
243/4
*
Oil
Bank
Dominion Foundry & Steel
Dominion Malting common
Jan
4
Dominion
_*
B—,
Dominion
99
Feb
*
3%
British
Par
Sales
.
of Prices
Jan
Jan
*
.
British
19%
23%
.
Sale Price
High
Feb
Week's
Range
Last
STOCKS—
20
*
common
,
Friday
Low
39
MARKETS
FEBRUARY 2(1
Range Since January 1
High
Brewis
British
LISTED
RANGE FROM JANUARY
1 TO
,
(975)
Sales
for Week
Last
V
STOCKS—
FINANCIAL CHRONICLE
St
10 %
Feb
12%
Jan
29
Feb
30 Va
Jan
30%
Feb
34Va
Jan
12%
Feb
15%
Jan
44c
Feb
59c
Feb
1.30
Feb
1.45
Feb
4'Ac
Jan
7c
Jan
6c
Feb
2%c Jan
1
(1939)
Mines
Quebec
45c
Ltd
_
_
Mines.
13c
Feb
15c
Jan
1
5c
Jan
7c
Jan
41c
Jan
'58c
Feb
35c
Jan
52c
Jan
1
•
'*■
40
THE
(976)
COMMERCIAL
&
CANADIAN
Friday
Week's
FEBRUARY 20
1 TO
Friday
Sales
Last
Range
Sale Price
STOCKS—
MARKETS
LISTED
RANGE FROM JANUARY
Monday, March 1, 1948
CHRONICLE
FINANCIAL
of Prices
Last
for Week
,,
Shares
STOCKS—
Range Since January 1
'J
Sales
Week'*
Range
for Week
'
Low
Par
Kayrand Mining
1
.
24'A
Kelvinator
Kelwren
Gold
Jan
Osxsko
Lake
.„1
78c
Feb
Feb
34c
Feb
22c
.—
78c
57c
Jan
22c
__t——.
1
Gold
Feb
'
Mines
Pacalta Oils
53 V2
1
—
i Jan
Kerr
Jtirkland
Jan
15
13'A
Lake
Golden
j..
Jan
40c
15c
Feb
22c
50c
Gate-.
Kirkland-Hudson
Feb
40c
-3—"1
-—i—.
.iv-Hvir-
(Eastern)
Petroleum
Feb
55c
Page Hershey
fCirkland
Lake
,.
Jan
Jan
r,
Kirkland
Labatt
Townsite
(John) Ltd—
Labrador
24
—_*
Mining & Exploration
1
Paramaque
Parbec Malartic
Laguerre Gold Mines
Jan
Shore
Lake
Wasa
Jan
!
Mining
Jan
1
—_
Mines
10c
Jan
15c
Jan
12'A
Jan
14
Feb
70c
48'Ac Feb
l
La Luz Mines—
2.80
*
Jan
Jan
3.00
Jan
6.25
'
•
—.
6c
Feb
11c
Jan
Jan
8c
Jan
Jan
Feb
17V2
Lebel Oro Mines
1
3c
Jan
4'Ac Jan
Leduc-West
•
61c
Jan
78c
Laura
Secord
Candy
14
3
Oil
1.25
Jan
1.15
1
Lencourt Gold
Jan
—.
Feb
12Vic
Leitch Gold Mines, Ltd
Feb
13c
Feb
Jan
Feb
10c
Feb
Llngman Lake Gold Mines
41c
Jan
59c
Little Long Lac Gold Mines Ltd.
Lobiaw Groceterias class A
1.16
Jan
1.50 Jan
26 V2
Feb
31
25'A
Feb
29
Jan
Jan
6
Feb
—
'
Class B
London
Hosiery com—
12 Vi
;—*
—
Feb
6
*
__
Class a
5C
Lunward
Goldfields:
Gold
13 %
Feb
Jan
Lake
Magnet Consol
week
*
•
Gold*Mines
up
1
current
press
time.
We
full in next
11 Vic Feb
Jan
3.00
Jan
Jan
1.95
Jan
10c
Jan
12c
Jan
1.25
Jan
1.51
Feb
9
Feb
10 V*
Jan
5 Vi
Feb
7%
Jan
2.75
Feb
3.15
Jan
29c
1.67
1.95
Feb
18c
14'A
Jan
y
Feb
5c
1
39c
McCabe Grain class A—.——
Jan
6c
Jan
Piccadilly
McDougall-Segur —
Jan
16'Ac
Feb
2.30
Jan
Jan
3.50
Jan
Porcupine Peninsular
16'Ac
Reef Gold-
Porcupine
River
Powell
70c
:
•
McWatters Gold
Power Corp
East
9%
Feb
Jan
Dome
Jan
56%
61
Feb
51c
Feb
Jan
■' (
Feb
Jan
6'Ac
Jan
Feb
Jan
60c
Feb
80c
Feb
70c
Jan
89c
Feb
Queenston Gold Mines
70c
Feb
90c
Feb
Quemont Mining
12
Feb
14%
Jan
9c
Jan
Quebec Manitou
40
73c
1
Silk
class
A
Oils
Feb
27C
Jan
49c
Jan
•
The
week
1
up
common
•
.—.100
San
Moneta
:
Sand
Gold—
River
Porcupine
—
full in
25%
Jan
19
Jan
12c
Jan
Jan
10'Ac Feb
Feb
23c
Jan
13
Feb
14 V2
Jan
101
Feb
102'/2
Jan
16'A
Jan
40
Jan
We
next
10'A
Feb
37
Feb
116
Feb
Monday's issue.
3.80
127%
Jan
"
Feb
4.25
Jan
7c
Feb
12c
Jan
11c
Jan
17c
Jan
50c
20'A
Jan
66c
Jan
Feb
22
Jan
45
Feb
47
Jan
14C
Jan
20c
Jan
10
Feb
10%
v.
1
_
*
Mines
Sheep
Creek
1
"A"_._—
Brewery
•
1.00
•«-.
1
Feb
18c
Breweries
Jan
Sigma
v.
(Quebec)—
Mines
Feb
i-
Jan
Silknit
Jan
Silver Miller
—
Silanco M & S Co Ltd
Jan
Feb
3
.
12'A
Feb
14'A
Jan
Feb
19%
'*
Ltd
49c
14'A
Feb
i5y2*
Jan
70cr
37
39c
Jan
16'A
Feb
33C
12%
Jan
Jan
Feb
;.
Feb
f~" 99%
•' 11'A Jan
'
'.M*
99%
■*
25
Feb
*
Ltd class A__
Class B
Jan
10Va
°
Simpson's
jan
48c
ll'A
"
class A—
Dairies
Jan
"
'
i9y2
Feb
98%
Feb
27'
-
'
22'A
Feb
•'
Jan
Jan
•
Jan
.
14'A
Feb
65
Feb
71
Jan
Slscoe
25-
Jan
26'A
Jan
:
100
Bladen Malartic Mines.
.
Jan
Feb
"
1
Class B
".;
8.00- Feb
"•••&•-
40
Mines
V
-
36
1
,
preferred..
Jan
Feb
Jan'
7.20
_1
Jan
Jan
•.
Jan
11c
—
15'/»
14%
'
7.85
Jan
Feb
33c
3.15
Feb
."'-V*
Jan
18
1
Jan
1.15 Jan
t
Feb
13
•
**
Feb
12%
common.
T C__
32c
7c
.
Jan
2.09
50c
Gold—
75c Jan
,
i3c
•
25
—
time.
—100
Wpg
V
*
Moore Corp common
4% preferred
Feb
5c
1
Preferred
Montreal Locomotive
press
in
Feb
16
Mines
Shea's
Sicks'
*
:
24%
current
1
Preferred
Jan
—*
„_
sale
of
the
not received
100
preferred.
Gold Mlhete Ltd
Silverw'd Western Dairies pfd——100
Knitting com
to
figures
•
._
for
was
intend to publish these
——50
:
...
Paper
Antonio
Silverwood
Monarch
report
prices
1
—
Russell Industries
A
Jan
8c
15c
10
*
Lawrence
33
Feb
Jan
Sagueriay Power preferred
St Lawrence Corp common
Preferred
Jan
6c
Roybar Chibougamau
St
Feb
10c
Co
Mines
28c
1
Royal Bank
Royalite Oil
Rupununi
Jan
Jan
Feb
30
*
2.50
13c
.1
Long Lac
Gold
Rochette
Roxana
Feb
17c
.
Jan
Feb
Feb'
10c
(1936)
51
45c
1
Jan
2.30
..1
—
Gold
Riverside
Roche
6'Ac
1
Mines
Gold
Reno
Jan
7.00
———■
_
Gold
Regcourt
Ren'abie
3c
28c
common—
Jan
14%
Jan
52
29c
—
...
2.10
Feb
5'Ac
40c
Jan
2%
Class A
Jan
1.80
13%
Quebec Gold
Quebec Labrador
20o
•
Modern Containers
Jan
1
Sherritt-Gordon Gold Mines
2'Ac Feb
Mining- Corp
Oils
Feb
12%
*
Mines
Purdy Mica Mines
Purity Flour Mills preferred
Shawkey
15c
Brick.
Model
66%
Feb
1
Proprietary
Jan
Feb
10'A
1
Preston
15
60
.100
Metals
*
Mid-Continent Oil
Milton
Jan
Jan
Feb
Feb
11
•
Premier Trust
Pressed
1
—-—
:Feb
Jan
—1
Red Lake Gold-—
41'A
88c
'
Vtc
Shawinigan Water & Power
•
McMarmac
Jan
72c
Feb'
70c
Jan
56c
Feb
37
Gold
Rouyn
Feb
25c
Jan
Jan
45c
Senator Rouyn Ltd
5
Lake
Feb
3.25
Jan
9Vac Feb
Gold
20
2.00
Jan
...
Red
McKenzie
McLellan
Feb
Jan
—
18%
13%
—
Mclntyre Porcupine Mines
88c
lie
Porcupine
28Vt
97/a
*
com
Feb
Pioneer Gold
Feb
1
new
Feb
20c
Jan
*
McColl-Frontenac
Jan
Feb
18
Feb
8%
0
46c.
Feb
14c
75c
16%
20
:Jan
7'Ac Jari
■
—
25
"
Preferred
Feb
5c
~
Pickle Crow Gold Mines.
Sannorm
Martin-McNeely
Massey-Harris common
S 8C
3Vic Feb
Jan
31c
Feb
1
•20 Vi
Feb
11%
Jan
Jan
3c
Jan
20
Feb
40c
Jan
•
Milling
Gold
Marcus
2.60
2c
Maple Leaf Gardens—*
Leaf
the
not received
Monday's issue.
*
i.
to
for
was
figures in
——1
.—1
& Eastern
sale
intend to publish these
1
Malar tic Gold Fields
of
85c
prices
1
Mines
MacMillan Export class a
Class B
Maple
report
1
Gold
MacLeod-Cocksnutt
Manitoba
Jan
The
Feb
Gas.
Jan
Feb
18c
Jan
1
Macfie Red Lake
Red
15c
TVic
1
MacDonald Mines
1.56
Jan
1
Macassa Mines
Madsen
1.23
1
*
_
Yellowknife
Lynx
Jan
'
—..
Petrol Oil &
Richmac
Louvicourt
Jan
5V2C
.1
^
_
————_.
____
14c
Lexindin Gold
Jan
1.55
Jan
7J/2C Jan
Feb
5c
Mines.
"U"
Jan
20
6 Vic
1
Lapaska Mines
Larder
Feb
6.80
Jan
Feb
18
Jan
1.31
—
Paymaster Cons Mines
Pen-Rey Gold Mines
Powell
Lamaque Gold
Lang & Sons
Lapa Cadillac
>•. K ' ,V, !
Jan
41c
l
Lake Rowan (1945)—
Lake
6 Vic
58c
4'Ac Jan
1
Feb
1.21
32%
Feb'',
28
Jan
7.75
i
Mines
Jan
>
Feb
92c
-*(•.
;f"i V.IU,
Mines
Perron Gold
Lake Dufault
10c
1l„
Jan
25
Jan
Feb
5.40
Feb
19c
Jan
15c
„
•<"
Pamour Porcupine Mines Ltd.
Jan
1.78
Feb
1.30
-_i
—
:
Feb
10c
Jari ;
4%c Jan
;-;7-
Tubes
Pandora Cadillac—.
_i
Jan
70c
Jan
6c
—
Pacific
>
Kerr-Addison
Feb
.
1.15
Jan
-
50c
18c
,
"
Pacific
Kenville
r,4
11c
Mines
High,
Low
*
—1
Osulake
Keno Hill
•
'
High
Orlac Red Lake—:
Jan
26'A
Jan
Low
Jan
8C
Feb
6c
Par
High
Low
High
Range Since January 1
Shares
of Prices
Sale Price
Moshe/ Long Lac_
1
10c
Feb
15c
1
18c
Jan
28c
Feb
National
5
10'A
Jan
ll'A
13%
16
Jan
28%
Jan
35c
Feb
47c
Jan
28c
Feb
39c
Jari
17%
Gold
Feb
19
Jan
Jan
Feb
Jan
Feb
Mylamaque Mines
-101'A
Co
Southam
1.32
Springer Sturgeon
Drug preferred
National Grocers common
Preferred
*
:
20
—:
—
National Hosiery class A
National
Steel
National
Trust
Car——
♦
_10
New
Feb
19%
Feb
24
Jan
5c
Bidlamaque
Jan
New
Caluipet Mines
1
90c
Feb
New
Marlon
*
24c
Feb
New
New
Nib
Gold
•
Standard Paving common.
Jan
2.99
Feb
Standard
6c
Feb
Stanley Brock class A—_—
Feb
Starratt
1.15
31c
Jan
1
_\—
Feb
28c
31c
Feb
46c
Jan
1
Merger
Yellowknife
15c
1
Norzone
Rouyn
.
Jan
28 '/2
,
Feb
22'A
Feb
2.15
Negus Mines
12'A
27% Feb
12
*
5c
Jan
7'Ac
Jan
Jan
6
;."5-
1—*
Radio class A—
.Feb
7'A
V
6'A
-
Noranda Mines
1.20
Feb
1.40
21
Feb
67'A
Feb
-9 -•
Feb
9'A
Jan
-.
68c
Steep Rock Iron Mines.—
Sturgeon River Gold———
Jan*-'
78
Jan..
Feb
80
2.00
1
1
19C
■
1.55
--1
Mines
77c
Feb
72
:
Jan
67
•
25
Cons
■
1
common.—.——
Feb
Feb
51%
Jan
Surf
Inlet
2.40
Feb
20c
Feb
■
lie
Mining
1.56
Feb
Feb
24c
7'Ac
Norseman Mines
Feb
——
10c
Jan
preferred——
Teck-Hughes Gold Mines
5c
Feb
ioc
North
Inca
40c
Jan
55c
Jan
1
Mines
Gold
Northland Mines
1
24c
Jan
32c
Person
Gold
(1940»
———1
Mines
Ogama-Rockland
Okalta
Oils
Omega
1
3c
Feb
4'Ac
Feb
Feb.
2.20
Jan
Thurbois
TobUrn
Mines
Gold
——
1.81
70c
Toronto
Omni trans Exploration
—
For footnotes see page 42.
,
*
10
1
;
•; •
19c
Feb
-
::vi't
25
-
'
Feb
9%
Jan
3.05
Feb
Jan
1.99. Jan |
'
27'A
V 10'A "Feb' ' '"
-
3.50 ^Jan
—
59c
Jan
Jan
1.35
1
5c
Feb
7V2c
Feb
Jan
Towagmac Exploration
40c
Feb
49c
Feb
9%c
Feb
21c
Jan
68c
Feb
'80c
——
Jan
9c
Feb
12'Ac Jan
*
12
Feb
12'A
Jan
*
10
Jan
10%
Jan
Jan
16c
•
—1
*
———
Elevators
92c
—1
Ontario Beauty Supply.;
Orapge Crush
1
Gold
—"
Jan
Jan
Toronto Iron Works class A__
Toronto
—
*.
1
—
.
*
;
=.
•,
^Fcb
2.05: Jan \
Jan
Tombill Gold
O'Brien
Jan
Jan
0
common
Thompson-Lundmark Gold Mines
Northern Canada
Feb
'
Ltd.
Tamhlyn
Taylor
Norpick Gold "Mines.
1.66
Jan
Feb
1.96
12c
50c
—;—.
Sylvamte Gold Mines
Norbenite Malartic Mines
Normetal
Jan '
Feb
Jan
44'A
.
Jan
Feb
.
—5
Nipissing Mines
Jan
Jan
97
•
Jan
Jan
67
—*
Gold
Canada
of
Preferred
Sullivan
V
Feb
—
Olsen
Co
68c
18
Preferred
Steel
1.50
<
Feb
94;
...
i
Feb
47c
*
Standard Chemical common
—*
Preferred
.1---——100
(1944).
Mines
Stadacona
Feb
0
*
10c
Mortgage
—50
—
—
.1
Finance" preferred—.—100
1.00
Feb
2.00
Jan
Traders
7'/a
Feb
10%
Jan
Transcontinental
Resources
—-•
106
Feb
105'/z
Jan
9%c
Feb
12c
Jan
96
Feb
98
Feb
47c
Feb
63c
Jan
Volume 167
.
Number 4677
1
THE COMMERCIAL
&
FINANCIAL
'
CANADIAN
RANGE
* Week's
Friday
Range
Gas Co
Shares
United
Fuel
Class
B
United
class
A
preferred.^
preferred
47
1
48%
Jan
10
Jan
Feb
16
Jan
Feb
5%
Feb
2.35
Feb
7.20
V.
;
Andian
Feb
V/aite
Amulet.
Walker
& W)
(G
1
Mines
Westeel
Western
Grocers
*
a
_
Winchester
~
week
Larder
Par
♦
up
was
to
thp
time.
press
figures
full
Gold
Feb
29%
Jan
Feb
25
Jan
Feb
36
Jan
Feb
28
Jan
Jan
101%
Feb
zc
Low
7c
Jan
10c
11c
Wickers
20%
Feb
96
Feb
Jan
25%
.
1
■
98
s
•
>
,Jan
Jan
8c
Jan
Feb
6%
Feb
Jan
Feb
17%
Jan
15%
Feb
18%
20
sale-
current
not
Feb
24%
Jan
Feb
1.90
Jan
Feb
143%
Jan
3%
Jan
received
time
press
1.50
135
We
full
108
Jan
Jan
Jan
3%
Feb
1.00
Feb
1.25
15%
Feb
19%
Jan
40c
Feb
60c
Jan
Jan
publish'these
ill
in
next
Monday's issue.
*
V
Jan
27
Feb
32
*
20%
Feb
23%
Jan
*
244
Jan
Langley's
Oil
Jan
2.90
Jan
Jan
40c
3.00
Jan
4.10
Jan
v
;
T
V
'
l'\
■'
*
Paper
&
Ontario
21
*
common
Ltd preferred
Paper
Jan
Feb
23
Feb
48%
100
59%
Jan
Feb
49
49
Feb
•
Selections
20
Feb
23%
Jan
*
4%C
Feb
6%c
Jan
2.90
Jan
Feb
1
Oreille
7c
Feb
9c
Jan
Reliance
3%
•
•
.
International
Feb
2.61
*
■
Hayes Steel
5c
*
B_
•
Donnacona Paper
Foothills
Oil
Pend
Yankee Girl
to
up
Paper
Bridge
of
the
was
figures
21%
__5
19c
Knitting class
100
oil
Jan
■
*
Ymir
week
i
preferred
foi
Prices
—*
common
Jan
,
'
Yeliowrex Mines
York
88
,
in*end to
Dominion
Feb.'
82
report
*
Consolidated
Jan
26%
3%
coaansfcopp«estern Lumber"::::::::::f
Minnesota
Wright-Hargreaves
Sugar
Marconi
Canadian
Jan
Feb
10
Jan
10o
Industries
Daihousie
High
Jan
•
•••'
—The
Dominion
Canadian
Feb
12c
Low
...
.
25
72
v
1
____
&
Canadian
Jan
Range Since January 1
High
*
common
_
Canada
7c
1
_!
—
Jan
99
next
in
10c
Co
Buiolo
Shares
8
Corp
Preferred
Jan
Jan
Brown
Feb
19%c
22%
Monday's issue.
in
267/a
Jan
33%
We
intend to publish these
Feb
21+4
100
Combing
Jan
26%
nirrpnt
•
common
Preferred
5.30
9c
ine current
not received
i
—
Jan
for Week
National
Asbestos
Feb
10c
sale
1
Winnipeg Electric
Winora
for
ior
of
1
Mines
Wingait Gold
Wool
nrirP«
prices
pfe0ferr(eT0-__C_0_m"~""iri"~"i6o
wut.sey-coghian"
report
*
common
22%
24%
xhe
*
Products
Feb
4.60
*
—
Consol
Malartic
class
22
*
(Hiram)
Wekusko
West
25
_
Sales
Rang©
of Prices
Sale Price,
Britisly Columbia Pulp & Paper com__*
Virginia Dare preferred
Week's
Last
Jan
6.50
.
Friday
STOCKS—
Jan
7%
2.01
,
Toronto Stock Exchange-Curb Section
Canadian Fund*
Jan
14
•
MARKETS
High
Feb
7%
♦
Ltd
41
FEBRUARY 20
I
Low
25
Upper Canada Mines—I
TO
Range Since January 1
High
50
Steel
Ventures.
Low
•
-
1
for Week
of Prices
Par
Union
LISTED
JANUARY
(977)
Sales
Last
Sale Price
STOCKS—
FROM
CHRONICLE
Jan
4%
Jan
i
Tenriskaming
Grain
2.30
n
Feb
*
23%
Jan
1
.
Mining
6%c
Feb'
28
Feb
8c
Jan
For footnotes see page 42.
Slaiemeni of Condition of the 12 Federal
Foreign Exchange Rates
Pursuant to the
to the
give below
a
Reserve Banks Combined
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve B^nk certifies daily
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
We
(In thousands
of
dollars)
Increase ( + ) or
record for the week just passed:
decrease (—) since
|
FOREIGN
EXCHANGE
RATES
CERTIFIED
BY
FEBRUARY
FEDERAL
20.
1948
TO
Noon
and
Country
Monetary
RESERVE
BANK
FEBRUARY
TO
1948,
26,
TREASURY
UNDER
TARIFF
ACT
OF
Feb. 25,
1948
1930
Assets—
INCLUSIVE
Gold
Redemption
Buying Rate for Cable Transfers in New York
Unit
Value
in
United States
Money
Argentina, peso—
•
Feb. 23
$
Free
Feb. 24
$
.297733"
Australia, pound
3.212133
Closed
Feb. 25
Feb.26
.297733*
.297733*
.297733*
.251247*
V
+
.022795
Brazil, cruzeiro
3.212133
.022796
U.
Birthday
.054406
.054406
Official
Free
—
vr
1.000000
.054406
c- o r+ o O
•'
reserves
21,776,219
advances
Czechoslovakia, koruna
.208604
securities:
4.030937
.
Closed
v
.885468
.570100*
.208604
4.031250
Due
—i
'•
195
+
—
+
30,170
113,100
3,359
75,750
—6,392,263
+
17,150
—2,823,701
+N 68,350
81,025
4,362,083
F.
from
R.
Govt,
loans
5,667,050
+ 4,913,660
<
+
+ 1,292,550
securities-
of
21,033,836
+
90,775
—3,009,75?
securities-
and
foreign
notes
21,317,338
+
74,862
—3,119,494
banks
other
95
banks
126.905
items
.5701Q#*
Bank
.020061
2,796,358
Other assets
.208604
7
—
6~120
+
5,657
—472,526
+
295,684
—
.208604
4.031250
premises
Total
4.031250
32,891
-
24
+
622
4,703
+
101,22?
—341,786
+
5,016
—
150,232
assets
46,567,918
+
Liabilities-
'
.004671*
—
Free
.004671*
.003274*
•
—,
.003276*
.004671*
•
Federal Reserve notes
.004671*
.003276*
.003276*
Tndia (British), rupee
.301678
,301678
.205743
.205750
.205750
.377334
.377409
1.000000
1.000000
1.000000
Member
.205750
.377360
-.301678
24,065,495
bank—reserve
U. S. Treasurer—gen.
Foreign
acct.
16,799,290
acct.
1,655,975
.377334
452,355
deposits '
availability items
liab.r incl. accrued divs.
Total
I Free—.
—
New Zealand, pound
.882500
Other
1.000000
.
.883125
.885208
3.225000
3.225000
.201595
.201595
.039593
.039606
Spain, peseta
.091324
Washington's
.201595
Portugal, escudo
Birthday
.039575
■
.039531
.091324
.091324
.091324
.278264
.278264
.278264
Switzerland, franc
.233628
.233628
.233628
.233628
4.007500
4.007500
4.007500
"
Closed
Total liabilities
Other
Uruguay, peso—
.658300*
—
.658300*
.658300*
.561800*
.561800*
.561800*
—
69,454
27,839
25,727
—
18,045
244,51?
+ 1,018,133
—
715,810
—
36,496
—
280,623
—
—323,244
+
26
+
—
197,384
14,801
230,13?
capital
_
.658300*
accounts
3,265
of
note
liabilities
combined
liability
'purchased
for
Commitments
trial loans
6,676
+
+
88
3,575
+
15,802
—341,786
+
5,016
-f
6.5%
46,567,918
on
foreign
+
make
8,365
<
50.2%
+
0.2%
bills
"
cor-
4,987
to
+
25,916
448,189
50,905
Total liabilities & cap. accts.
Contingent
.561800*
128
—-
27,543
respondents
rate.
+
—345,489
.
gold certificate reserves, to deposit and F, R.
Controlled
—
—
45,843,897
•
Ratio
1" Noncontrolled-
15,647
Capital Accounts—
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
.201595
.278264
4.007500
2,406,374-
3.225000-
-
Sweden, krona
pound
4,174
49,297
.882916
,
Closed
3.225600
.
Norway, krone
Union of South Africa,
19,356,381
Deferred
H
+
448,761
Other
Newfoundland, dollar—
Official
—
Deposits:
.301678
Mexico, peso
Netherlands, guilder
"Nominal
114,823
2,691,163
—
1,721,850
Uncollected
France, franc—
Official
.275
16,108
+
'
;
.020060
/
+
9,282,853
'
Total U. S.
1.000000
.887656
.020060
"
England, pound sterling
1.000000
.885625
.020060
Denmark, krone
—
4,353
___
57,594
+
—
279,149
Bonds
C '
.570100*
•a
2,805,99(1
+
—
.054406
l.OOOOOQ
.885156
•—
Colombia, peso
2,406
—
367,880
Govt,
Total
:'
60,000
+
680,049
loans
Certificates
.022801
Canada,dollar—
;'
S.
Bills
3.212133
.022798
ctf.
and
Industrial
'
11
gold
Notes
Belgian, franc
$
R.
i
Discounts
$
3.212133
Washington's
F.
Dther cash
.251247*
$
.251247*
,
for
notes
.251247*
? $
Official
U
Feb.21
21,096,170
fund
26,
1947
$
,
„
Total
Feb, 20
1948
$
certificates
Feb.
Feb. 18,
+
214
7,910
+
691
—
3,854
indus¬
—
273
42
COMMERCIAL
THE
(978)
&
Monday, March 1, 1948
CHRONICLE
FINANCIAL
OVER-THE-COUNTER SECURITIES
Quotation for Friday, February 27
Obligations Of Government Agencies
Investing Companies
Mutual
Fur
Funds—
1
1%
Amerex Holding Corp—**——10
American Business Shares*——-1
Associated Standard Oiletocks
Shares series A—
3
Axe-Houghton Fund Inc.*—1
Axe-Hougbton Fund B***_—-8
4.88
3.53
24
Beneficial Corp
—--1
Blair Holdings Corp
*—1
Bond Inv Tr of America—•
Boston Fund Inc*.————-8
3.54
8%
7.33
14.03
15.25
4%
Affiliated Fund Inc..-—
5.36
3.87
26
3.88
7%
6.78
Aeronautical Securities
Far
Loom is Sayles
5%
3%
Bowling Green Fund Inc_—10c
Broad Street Invest Co Inc—8
96.23
19.32
7.78
16.02
17.16
88.81
90.62
42.44
Mutual Fund——4
Fund—10
43.31
Ltd**
1
Century Shares Trust—
—'•
Chemical Fund*
—.—1
3.60
27.45
Canadian Inv Fund
com—100
——100
Commonwealth Invest.——*—1
Delaware Fund
1
Dividend Shares*
,—****250
Christiana Securities
Preferred
***_*,
*
4.75
29.51
12.38
13.39
2,660
2,760
140
145
5.34
5.80
13.90
15.03
1.33
1.46
Federal Land Bank Bonds—
1%S Oct.
shares*.
3.46
3.82
Drug shares
*************
Electrical Equipment shares-
3.23
3-56
2%s Feb.
3.89
shares—
4.07
99.22
97
98
100
97.12
98.12
Ask
99.30
IV4S Apr. 15, 1948.
l%s Sept. 15. .1948
100.2
99 28
100
4.49
3.95
Ask
4.29
shares——
Bid
Federal Home Loan Banks—
Bid
1950-1948
l%s May 1, 1952-1950
l%s Jan. 1, 1953-1951*
4.36
Managed
Funds—
Automobile
#
shares
Industries
General
Home Furnishings
Metals
Non-Ferrous
*
3.81
shares
Steel
—
.
1949
l%s Jan. 20,
100.5
100.9
120
—
121%
Other Is suet
100.20
10Q.4
1, 1955-1953—
—
1961
Canal 3s
Panama
4.62
3.95
.
,
4.20
4-19
shares
1,
3.70
3.35
—
Paper shares
Petroleum
3.70
3.35
—
Equipment
4.36
Manhattan Bond Fund Inc—
7.17
1
23.28
25.17
1
X10.30
11.14
.10
12.73
U, S. Certificates of Indebtedness
7.86
Mass Investors Trust
Mass Investors 2d Fund
—1
Bullock Fund Ltd*——
point
Figures after decimal point represent one or mere 32nds of a
Ash
Bid
Loomis Sayles Second
Business
3
92.38
17.87
7.77
14.82
15.66
'
Ask
Bid
13.67
Common
10c
—
Mutual Invest Fund Inc—
shares
Balanced
—1
National Investors Corp—
Stock
6.38
7.02
6.81
7.53
4.29
Series
Income
,1%% 100.0181, " .0347
4.74
Speculative Series
24.26
Stock Series
4.82
15.03
Industrial
5.59
.*•
21.83
23;60
1.74
.0143
.9922
.9917
.9922
.0356
.0401
6.23
Financial Industrial Fund Inc le
Ask
Bid
5.37
14.06
Indebtedness—
t%» Apr. 1, 1948
100.0058
f%8 June 1, 1948***
99.9796
1%S July 1, 1948 Series F—* 99.9632
3.41
3.06
of
Certificates
Ask
.9768
9770
fnd»Matedne««—
17aS July X, 1948 Series G___
t7«s July 1. 1948 Series H—
.9914
99.9739
Bid
99.9634
99.9636
lis Oct. 1, 1948 Seris J——, 99.9742
lis Oct 1, 1948 Series K-—_ 99.9747
tl'/aS Jan. 1, 1949**.
—100.0190
11 '/as Feb. 1.
1949*—
-* 100.0218
U'/aS Mar. 7, 1949**—'*„. 100.0148
Certificates of
.2622
7.22
6.57
Series*—**
Series—*
Bond
Priced
(Preferred
—1%
Maturity—
Ask
Bid
1%% 100.2461
fSept. 15, 1948——.
fOct. 1, 1948.
f Jan. 1, 1949—
9.09
8.41
National Security SeriesBond series.***——.
Low
13.95
12,76
Securities—
Nation-Wide
Dollar Price
Int. Rate
Maturity—
Eaton Ac HowardBalanced Fund
1
—1
Stock Fund————
Fidelity Fund Inc
—
22.69
—10
First Mutual" Trust Fund
5
Fundamental Investors Inc——2
Fundamental Trust shares A—2
General Capital Corp
——*
General Investors Trust
1
First
Corp**
Boston
24 %
4.86
13.55
1
14.75
8.95
6.26
7.18
7.89
Bank stock—*
9.14
10.02
Federal Intermediate Credit Bank Debentures
9.81
5.71
Aviation
Agriculture
42.37
Automobile
4.86
5.21
——
*—*.—
Dated
Rate
7.97
8.73
7.02
Chemical
9.32
10.21
5.57
shares.
—
6.05
Corporate bond series*
10.54
11.18
5.09
5.53
Diversified Investment Fund.
9,84
10.78
11.08
10.75
7.98
5.70
6.19
Diversified prefeired Stock—.
Diversified
Industry
Equipment
9.05
9.81
Electrical
shares
equipment—
9.40
11-
1-47
4-
1-48
bl.30"
1.15%
1.25%
12-
1
bl.35%1.20%
1.35%
1-
1.55%;,
Ask
2-2-48
1-48
bl.45
1;30%
8-2-48
bl.50
1.35%
7-
1-48
7-
'
1-47
1.20%
Insurance
7.49
7.39
8.02
Machinery
Merchandising
—*
6- 2-47
5-1-48
8-1-47
1.25%
bl.40
1-48
6-
2-47
9-
1.15%
bl.53
1.40%
10-1-48
1-48,
bi.60
1.45%
1-48
bl.65
1.50%
9-
47
2-48
11-
10.30
9.73
stock
5.15
4.90
4.74
—
shares**.
Administered
10-
bl.25
1.10%
1.10%
1.15% '
1-48
7.72
7.36
shares*——
Electrical
General bond shares.
bl.25
3-
11.78
7.04
Bid
Due
1-48
1-47
1.15%
10,11
Dated
Rate
Ask
Bid
Due
3-
12-
1.10%
1.25%
1.10%
Chemical
Building shares.—
Fully
,
3.69*
3.25
13.75
Building supply
Aviation shares—
Food
•
York Stocks Inc—
6.19
39.40
6.47
Agricultural shares
Automobile
New
5.35
Securities—
Group
Low Priced Com Stock Series*
New England Fund
.0346
5.41
12.36
3.67
3.29
Series.
Selected Group
1.90
26 %
Series—*.—
Stock
.9765
10.66
9.17
8.37
Industrial Machinery shares-
6.69
7.26
7.25
7.95
Institutional bond shares
9.27
9.73
13.96
15.30
Investing
6.34
6.88
10.07
11.04
*
Price
Low
Mining shares
Railroad
—
—
—
shares.*—:—»
#Bond
Public
7.06
7.66
Steel
2.38
2.60
Tobacco
.
5.58
5.53
6:39
—
7.37
8.08
10.62
March 4, 1948—
March 11. 1948—
15.14
March 25.
—
*
..
3.91
4.25
4.16
4.52
Petroleum
Steel shares**—
Tobacco shares
4.51
4.90
Putnam
3.88
4.22
Republic Invest Fund—-
4.25
4.62
shares—*
——*«<
—*——
sha-es
Utility
—
Howe Plari Fund Inc
*******
Income Foundation
Fund—r.10c
Incorporated Investors**—
8
4.22
4.54
1.52
21.47
Russell Berg
Bank
8.23
Group shares*
shares*
9.02
74c
Group
Insurance Group shares.*—
Stock and Bond Group shares
Investment Co of America
10
Inc..!
Invest Management Fund
14.08
Fund-
82c
90c
99c
12.06
13.21
23.60
25.65
12.22'
12.50
Fund
1
27.18
28.41
23.18
25.29
15.91
4
State
9.96
(Investment
B-4
K-l
K-2
S-l
8-2
8-3
Bonds)
.(Speculative Bonds)*—*1
(Income pfd Stocks)—*!
(Appreciation bid Stks).l
(Quality common Stks)_l
(Income com Stocks)
1
(Appreciation com Stks).l
(Low Priced com Stk)—1
8-4
Knickerbocker Fund
1
Bid
0.90%
April *15,
Investors
Street
l
10c
Investment
Corp.*
Trusteed Industry Shares*. _25c
Union Bond Fund series A*.
Series
B
Series
C
—...
b0.96
b0.99
0.93%
0.91 %
0.93%
0.91%
May
1948.
1948
b0.99
b0.97
b0.99
0.94 %
j.
b0.97
0.91%
0.94%-
r
0.91%
May 13, 1948—
May 20, 1948May 27, 1948—
bl.00
b0.98
April 1. 1948—
April 8,. 1948—
0.90%
b0.97
1948
1948
bl.00
0.96% '*
bl.00
0.96%
April 22 1948
April
•
Union Common Stock Fund B_1
Fund
43.75
78c
70C
New York
20.81
19.05
6.69
20.51
8.77
8.94
l
16.14
17.62
1
14.50
15.59
1
Inc—
Par
"7.31
v
_l
World Investment Trust—
Unit
6.89
"7.55
Bank of New York
*—100
352
367
.*.10
38
40
Bankers Trust———*
Brooklyn Trust—
20.77
24.18
26.38
12.61
13.77
Independence Trust Shares—
11.01
12.01
North Amer Trust Shares—
3.86
4.22
Series 1955
1
3.08
4.69
5.22
Series 1956——
1
2.49
Shares—
E
.*.*—2.50
*
Par
Fulton
25 %
100
95
88
33%
35%
39%
7.15
2.56
140
.100
185
.100
Trust
'
155
258- -V
267*
41%
*
Central Hanover Bank Ac Trust 20
=
Trust Co
—20
37%
227/8
39%
2378
National
Corn Exchange Bank As Trust_20
52
54
New
66
50
.**.
Federation Bank Ac Trust
First
National
14
lo
35
1,280
%
"
50
47%.
r
49%«
(J P) Ac Co Inc
City Bank—
-100
.12%
236
37%
39% "
—25
82
85
37 %••••>*
39%-
.Sterling
17.
1678;
.
1,480
47
Public Nat'l Bank Ac Trust. .17 %
37
1001,220
Bank
.*25
York Trust—**__*;
Morgan
70
—10
Fiduciary Trust
15%.
.1001,440
Manufacturers Trust Co**.. —20
Continental Bank As Trust—lo
—_
.-10
Irving TrustKings County Trust
Lawyers Trust—
Empire Trust*****
6.22
2.24
Ask
Bid
.100
National
Guaranty
100
85
15
Trust-
Grace
,
*—10
Commercial National Bank As
17.39
19.03
Series
Ask
23% "
Chemical Bank Ac Trust
Type Trusts—
15.93
Trustee
City Banks & Trust Cos.
Bid
of the Manhattan Co—10
Bank
Chase National Bank
Diversified
.
70c
18.77
Fund*.1
Street Investing Corp
Wellington Fund***
Whitehall
—
29,
6,
5.88
.
Stock
A»k
0.92%
6.42
5.87
63c
40.75
17.42
*
...
1948.
10.78
9.78
B-l
18,
b0.96
b0.98
Ask
46.58
17.36
8.96
26.85
2%
Inc
Wall
B-2 ,(Medium Grade Bds)—1
B-3 (Low Priced Bonds*
*1
2.70
24.97 tir
Fund Ino.
Union Preferred
Keystone Custodian Funds—
•»,
2.46
Selected Amer Shares
Sovereign
Aviation
March
20
Trading.
Standard Utilities
Institutional Securities Ltd—
Bid
Scudder, Stevens & Clark
1.56
19.86
&
(Geo)
Bills
7.00
*
equipment
Railroad stock shares*.——
RR Equipment
United States Treasury
5.09
5.05
.**„
9.69
Railroad
Railroad
4.92
Fund
Utility**
7.27
5.35
6.70
.
shares**
Petroleum
6.10
5.62
shares—
Merchandise snares
invest
Pacific Coast
National—
—25
Title Guarantee As Trust
*.100
States
Trust-
,
72
68
—12
United
242
8%
9%
510
540
nmnrtfV
Insurance
Par
Far
83
Home
44%
Insur Co of North
Life
—*****
43%
45%
57
American Alliance
—.10
19
Anaerlcs
Jersey Insurance of NY—
—
24%
26%
92%
33
36
11%
12%
20%
39 %
10%
11%
14%'
16%
Massachusetts Bonding
Merchant Fire Assur
12%
11
16
American Re-Insurance ——10
29
National
17%
27%
25V4
27%
4
5%
17%
27
46
21%
25%
5
Merch As Mfrs Fire N Y
Equitable—*
American Fidelity Ac Casualty*5
American of Newark
2%
44
20%
5
36%
American
American
Reserve
19%
National Fire*
53%
56%
National
——10
30
33
27%
43
45%
——
5
32
34
Casualty—*
2
25%
27%
*———*10
New
Brans wick
70
73
New
Hampshire Fire
66
69
New York Fire,
.2%
6%
7%
North
Fire.
18%
City of New York
: Connecticut
General
Continental
10
Life—10
Casualty
20
16
7
6%
Amsterdam
10
AS
Boston
Camden
25%
2
Shippers——25
Baltimore American*.
Bankers
(Detroit)—10
Liberty
National Union Fire
New
6
______—lo
Casualty
—lp
25
—
American Surety—..
Automobile
*
19%
**10
42%
45%
—5
11%
13
21%
23%
River**—*
Northeastern
57/8
—
Northern
12.50
—
67%
**.—10
49%
51%
Pacific
Fire**
10
26%
28 %
Pacific
Indemnity Co*;
67/a
77
72
25
rhoenix
Employees Group;
Employers Reinsurance.
26
28
Preferred Accident
—10
67
70
Providence-Washington
Federal
—10
48
145
150
10
45
48
89%
92%
Fidelity At Deposit of Md
Fire
Assn
of
Phila
Fireman's Fd of San Fran
Firemen's
Franklin
of
Newark
.10
—
Fire—
Glens Falls Fire
10
10
12
18%
■21%
81%
84%
7%
8%
5
New
104 %
165%
Kentucky Utilities 434%
94 %
95'%
97
99
Firestone Tire Ac Rub 2%s—1972
Florida
Power
Georgia
&
Lt
3s—1977
Power & Lt 33/8s—1977 ;
Monsanto Chemical
N
Y
Telephone 3%s
Ohio Public Service
**1978
3%$_—1978
Pacific Pwr As Light 3% s_**1977
Philadelphia El Pow 27/ss_—1978
Potomao
Edison
Potomac
Electric
Southern Cal
3%s_
96%
97%
103%
100%
106%
105%
England Gas & Eleo—
3.70%
.—100
preferred
93
100
98
99%
Philadelphia Elec 4.30% pfd_100
Pitney Bowes 4%% pfd—
50
i_
/
82*2
95
'/■'
86
Public Service (Indiana)—
—*1983
102
102 Va
Edison
3 %s__1973
104%
104%
97
,98
Par
1
3.50%
1%
-1 %
102%
;
preferred—*——100
103%
51
54
79
82*
27%
28%
"
*
-
'Ask
Bid
Southn Cal Edison" 4.88% pfd 25
Speer Carbon Co 1.
»
Tennessee
Gas
Transmsn
preferred
100
Texas Eastern Transmission***4
105
107
Tucker
104 %
1C5
West
Corp "A"
\
Disinfecting
1134
12%
93%
94%
Co.—
4%%
Appalachian Electric Power—
4%% preferred—
100
4
102
99
"
99%
3s
American Cladmetals
pfd
97
101
Stocks—
4%
preferred
Pennsylvania Electric—
101%
*1978
1977
107
101%
pfd.ion
4%%
104 %
101
10;
105
'
102%
New
Kentucky Utilities 3s_—1977
92
'9%
pfd-_100"
Monongahela Pow 4.80% pfd 100
■'
90%
90%
__*1
Ind'polis Pow As Lt 5%
common**50c
83tr
4&
8%
41#
14
12
-
72
47%
a
26
Odd lot sale
Standard Accident
29
change.
rCash
21
100
78
Travelers
27%
28 y8
U S Fidelity Ac
Guaranty Co—2
4
28
U
S Fire
U
S Guarantee***:
33
Westchester
Fire
10
——2.50
510
495
44%
47
65%
31
w
d. When
(not included in year's range),
year's
range),
sales
delivered,
eEx-interest.
(not included
w
fFlat
b Bid yield price,
price,
in year's range),
i Whenl issued,
x
Ex-dividend,
dDeferred delivery sales (not
k Admitted to listing on N.
tEx-stock
y
Ex-rights,
dividend,
z
Y.
Stock Ex¬
(Unj Unlisted
Ex-stock
issue,
dividend.
46%
50
.
.
4No
68%,
32%
'f
i
in
105
pfd* 100
Harbor Plywood
101%
included
73
26%
4%%
101
1977
Ask
Bid
89
"
Florida Pow & Lt
Delaware Pow & Lt 3%s
42%
31
10
Par
Birmingham Elec $4.20 pfd—100
*
Dayton Power & Light 3s*_1978
Sprgfld Fire Ac Marine
101
*
Fire
96
29
.
10
—
96%
94%
5%
2
10
10
Haven*
Hartford Steamboller inspect.10
Hartford
4%
33
SI Paul Fire Ac Marine*
Security
42%
17
95 %
1967
Armstrong Cork 4% pfd
4%
31
Seaboard Surety
16
40%
15
15
Stocks—
1977
12%
20
5
Globe At Rutgers Fire com
2nd preferred
5
Ask
Arkansas Pow Ac Lt 27aS
51
10
Reinsurance Corp ( N Y)
Republic (Texas)
Revere (Paul) Fire
23%
***5
Globe Ac Republic
Great American
Hanover
5
.—5
General Reinsurance Corp.
Gibraltar Fire Ac Marine
——
Bid
Cudahy Packing 2%s
103
48
52
20
98
10
10
;
Bonds*—
Toledo Edison Co 2%s
70%
Cram At Forster Inc—
Security Issues
95%
Maryland Casualty common^—1
Prior preferred
10
Convertible preferred—*5
5
—5
Recent
Ask
5
10
20
*
4
——
American Automobile
American Casualty—
Bid
60
Agricultural
.
Ask
80
42
*25
Insurance
Aetna
Bid
10
—10
10
Aetna Casual & Surety.
Aetna
Companies
dividend.
par
value,
fin
default.
JThese
bonds
are
subject to
all
Federal
taxes.
^Ex-liquidating
Volume
167
Number 4677
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(979)
Week Ended Feb. 21
THE COURSE OF BANK CLEARINGS
1948
clearings
this
week
will. show
decrease
a
compared
with
Third
a' year
ago.
Preliminary figures compiled by
Bethlehem
At this center, there is
Friday of 8.4%.
Our
New York——.
——___
_____
1947
$6,196,344,686
—
—
—
Boston.—'__•_
388,241,566
Kansas City—_________
St. Louis—„_—_—i_:
3,185,655
+ 31.5
1,799,675
1,712,496
789,000,000
+ 35.7
670,000,000
589,000,000
256,518,955
2.4
—
1,992,553
+ 35.0
1,597,461
1,607,650
+ 106.7
3,003,073
2,554.616
1,672,393
+ 46.8
1,773,095
1,603,379
2,603,787
+ 79.8
283,229,000
340,186,000
260,393,380
—
267,378,608
254,070,570
137,340,286
173,038,335
$9,314,245,842
$10,071,155,039
—
+ 14.3
4,873.915
+ 46.6
5,856,827
3,025,600
692,370,059
603,448,577
1,112.336.014
816,699,182
+36.2
Federal
5,494,655
+ 47.5
Reserve District—Cleveland—
;
___,
8,105,194
2,217,896,868
2,399,980,945
—
—
•-
Total all
All
cities,
cities, five days
one
—11.3
+ 22.8
127,188,657
128,355,441
+ 55.6
202,376,056
195,583,474
20,989,100
16,558,400
13,897,400
4,967,629
4,747,376
+
4.6
7,024,584
6,599,393
+
6.4
5,334,291
3,044,873
335,554,838
217,253,966
+ 54.5
214,907,322
232,067,785
958,911,848
,,
657,370,089
+45.9
573,698,364
579,411,428
2,414,325
1,903,222
+ 26.9
12,656,000
8,527,000
106,747,499
+ 48.4
6,329,000
6,523,000
+ 17.3
82,658,094
80,436,143
,
.___d
+ 42.5
Pennsylvania—Pittsburgh.,.:
Total (7 cities).
1.4
+
2,748,379
5.2
—20.6
f.
day____-—:
Federal
827,788,173
District—Richmond—
Virginia—Huntington
Virginia—Norfolk—________________
7.5
—
2,877,223,866
1—
125,194,639
,
South Carolina—Charleston
—71.2
$15,348,359,850
'
—
Richmond
a
v
.
ir.:
Complete and exact details for theissue of next week.
week
.
2,502,857
+ 24.7
2,425,424
2,307,829
160,728,780
+ 70.6
163,241,208
143,612,119
69,121,583
62,745,164
+ 10.2
49,360,769
38,083,775
305,508,153
272,323,477
—19.5
covered
We cannot furnish
by the foregoing will appear
them
today, inasmuch
ends
Saturday and the Saturday figures are not available
Accordingly, in the above, the last day of the week in all
In the
able
to
give final and
complete
For that week there
was
at time of
cases
f
Sixth
the week
as
going to
week in
same
1947.
press.
New
Outside of this
York
District
totals by
16,434,718
+ 19.2
54,203,490
•
+ 34.7
3,752,443
3,071,736
12,702,607
+ 39.3
181,100,000
+ 22.2
p<
—
3,018,895
2,643,570
75,315,834
37,895,067
148,300,000
2.749,922
+ 29.3
104,130,163
13,834,768
44,413,359
161,000,000
1
+ 14.2
97,396,180
,
2,600,572
1,818,358
,
"1,644,717
61,442,563
51)371,314
60,545,236
66,473,786
+ 56.7
59,624,652
6,642,237
4,681,220
+ 41.9
4,053,183
356,576
297,170
+ 20.0
Louisiana—New Orleans-
283,018
19#,588
131,487,591
96,677,966
+ 36.0
86,976.098
91,233,455
685,761,359
500,899,490
+ 36.9
435,063,760
412,269,362
Mobile——
city there
was
gain of 44.4%.
Total (10 cities)
gain of 37.9% the bank
a
1
—:—
4,645,645
We group the cities accord¬
located and from this it
are
(including this city)
the totals show
Seventh
Reserve
District—Chicago—
Michigan—Ann Arbor
In the Cleveland Reserve District the totals record
an
930,824
6,570,930
5,654,437
5,766,841
_______
Indiana—Fort Wayne—
im¬
*
621,717
5,698,417
5,037,655
1.9
3,502,582
3.518,452
6,716,150
—
——
Iowa—Cedar Rapids
Des MoineS—
3,070,368
3,000,632
+ 28.0
29,115,000
25,545,000
3,895,383
+ 54.7
2,830,881
14.146,942
Terre Haute
4,031,101
38,745,000
6,025,337
""
,
Wisconsin—Milwaukee
10,848,952
+ 30.4
9,544,482
10,247,897
46,461,977
+ 49.0
39,202,030
31,490,100
3,237,444
+ 14.8
2,277,840
+ 35.0
15,715,876
1.1
9,486,551
——3,715,666
;
27,308,651
20,230,176
City—-—„——,•; '_ 12,602,562
Illinois—•Bloomington_^___^i*Ii,__— ^
1',131,316
30.2%,°
681,593
+ 47.2
69,213,071
South Bend——
The Chicago Reserve District has managed to
enlarge its
+ 86.0
—
49,609,000
—
Indianapolis
and in the Atlanta
is
1,731,460
9,672,075
Lansing——
ex¬
and in the Philadelphia
In the Kansas City Reserve District the improvement
Federal
ap¬
Grand Rapids——
an
12,459,032
*
Sioux
in the Dallas Reserve District 40.8% and in the San
Francisco Reserve District 39.7%..
In the
19,593,792
Florida—Jacksonville
39.4%, the St. Louis Reserve District by 17.9% and the Minneapolis Reserve
District ,by 38.3%.
*
Mississippi—Vicksburg—.
week
provement of 45.9%, in the Richmond Reserve District of 41,8%
Reserve District of 36.9%.
-
Alabama—Birmingham-
the
pansion of 44.3%, in the Boston Reserve District of 45.4%
Reserve District of 36.2%.
^
■
75,483,482
Augusta
present further below
we
■*>
I
243,900,000
u___
Georgia—Atlanta
*
'
+
District—Atlanta—
Nashville
has to be estimated.
'
343,154,522
previous—the week
for
ing to, the Federal Reserve Districts in which
they
that in the
Reserve
...
,
increase of 41.1%, the aggregate of clear¬
results
an
a
Federal
'
Tennessee—Knoxville
ings for the whole country having amounted to
$15,741,182,496 against $11,157,712,892
clearings at this center having recorded
486,633,600
Macon
elaborate detailed statement,
however, which
ended Feb. 21.
Total (6 cities)
;•
1,360,611
274,126,133
.
Columbia—Washington-—
1
^Estimated.-.
1,493,658
3,120,920
Maryland—Baltimore..—
District of
$12,359,930,883
Reserve
West
$11,532,142,710 $12,471,135,984
Total all cities for week—_L___„
pears
3,202,364
*
—
•
Fifth
Ten cities, five days—
in the
3,714,07£
160,285,000
242,000,599
29,904,200
'•
Youngstown
7.6
4,131,274
196,802,823
376,552,580
_
7.5
______
:
Other cities, five days
are
1,473,190
7,199,365
5,080,238
—16.7
255,484.871
—______-_l____
._
Cleveland
we
1,626,140
8,231,638
7,448,692
—
Mansfield
233,600,000
Baltimore
our
779,000
3,544,442
4,682,492
—__4_,
Columbus—
—18.1
207,200,000
Pittsburgh
in
1,219,063
7,325,232
Cleveland
San Francisco.
.
564,699
2,689,431
Ohio—Canton
0.4
+
,397,608,195
*'
473,583
651,335
+ 49.9
2,455,154
Cincinnati——
766.000,000
210,026,825
—_
623,839
+ 121.1
Jersey—Trenton
Fourth
4.6
Philadelphia—769,000,000
+ 64.4
778,762
4,190,385
Delaware—Wilmington^
8.4
'628.671,032
.
894,434
%
$6,761,068,572
*600,000,000
—
$
1,071,000,000
Total (11 cities)—
1948
1945
$
747,553
Wilkes-Barre
New
1940
1,722,005
Scranton
com¬
or
Dec. %
1,120,693
Reading
^
Week Ended Feb. 28
Chicago...—_„
!
Philadelphia—
Clearings—Returns by Telegraph
i
1,470,292
Chester
York—
loss for the week ended
a
Inqr.
$
District—Philadelphia—
Lancaster
weekly clear¬
ings will be 19.5% below those of the corresponding week last
year.
Our prelim¬
inary total stands at $12,359,930,883 against $15,348,359,850 for the
same
week in
1947.
Reserve
Pennsylvania—Altoona—_
us, based upon telegraphic advices from the chief
cities of the country, indicate that for the week
ended Saturday, Feb.
28, clearings
for all cities of the United States from
which it is possible to obtain
parative summary for the week follows:
Federal
1947
$
.
Bank
43
+ 66.6
+
3,507,693
1,835,660)
12,131,104
6,560,426:.
furnish
we
a
by Federal Reserve Districts:
summary
+ 48.9
762,401
818,983,675
582,939,946
+ 40.5
518,335,015
Decatur—
following
759,628
Chicago-—
467,113,997
3,089,062
2,148,829
+ 43.8
1.694,426
1,628,990
Peoria
;
Rockford
SUMMARY
OF
10,997,204
CLEARINGS
+ 45.2
6,353,323
3,286,274
+ 45.0
2,654,408
1,977,099
3,452,874
.'_
7,574,491
4,764,409
—
— ___
-Springfield-——
BANK
534,247?
2,564,703
+ 34.6
1,775,304
2,062,042
5,964,381
J
„
1'
Week Ended Feb. 21
Federal
1st
Reserve
Boston
2d
New
3d
$
—12
—
Philadelphia
Atlanta.—
8th
St.
426,019.260
"llth
6,475,930,580
5,481,482,770
816,699,182
+ 36.2
692,370,059
603,448,577
+45.9
573,698,364
579,411,428
+ 41.8
305,508,153
272,323,477
958,911,848
•
657,370,089
>.
343,154,522
685,761,359
500,899,490
1,048,813,891
+ 36.9
435,063,760
752,451,531
+ 39.4
652,700,507
582,777,092
450,712,108
+ 17.9
330,125,032
+ 38.3
260,763,964
177,287,168
510,774,810
392,176,877
+ 30.2
328,939,349
276,710,092
154,216,256
/
481,125,605
St. Paul—
230,445,251
+ 40.8
188,717,096
Ninth
834,647,952
597,387,240
+ 39.7
534,109,097
15,741,182,496
11,157,712,892
+ 41.1
11,203,945,221
7,796,112,917
5,654,766,882
+ 37.9
44
cities
City—_
——
detailed statement
our
four
V
7, '.v...
at—
•■'''•
•
:
•'
"7
:
•;'•-:
1948
$
•
-
•
1947
"
Portland
J4,015,703,475
1,946,812
.
525,519,547
7;
V
4,412,990,281
——___
:r
}
■
3,286,111
V
Worcester.
7o
—
New Haven
i,_.
f
-■
707>782
1,^06,615
3,454,298
24.7; '
',+ 43.9
'
V
'
867,138
•;
1,180,040
536,454
'1,522,146
+ 50.1
1,219,581
7,047,337
5,214,577
+ 35.1
4,110,305
3,920,435
-
3,610,652
+ 47.8
2,974,889
+ 57.4
15,155,899
7,197,031
+ 71.8
6,476,364
Buffalo—,
-
<
+60.3
14,697,600
28,956,300
►
.
V 18,068,200
«r
.11
+ 44.0
950,560
••
h-
;■:
'•
...
I
.
426,393,327
Reserve
>798,535
426,010,260
-
..:•:
534,724
3,410,527
2,051,083
7,4
33,771,322
+ 66.3
1,380,018
1,400,259
+ 56.9
53,773,836
1,041,747
,+ 38.1
7,945,069,579
5,5 02,946,010
*+44.4
6,288,241,746
20,908,281
13,567,687
+ 54.1
12,011,369
11,307,628
15,877,981
8.071,077
+ 96.7
5,943,343
5,306.747
12,464,621
13,639,280
8.6
11,363,167
9,532,719
1,081,436
511,836
+ 81.3
407.892
391,354
45,993,699
32,274,139
+ 42.5
26,337,184
25,201,744
57,754,754
43,872,118
+ 31.6
40,695,577
8,224.848,261
+ 44.3
Northern New
Jersey
Total (12 cities)
177,287,168
358,517
+ 22.8
City440,173
277,478
252,808
380,193
+ 51.4
377,024
319,560
+ 19.7
4,636,448
3,765,643
131,751,408
98,407,000
+
33.0
86,544,239
69,166,312
+
8.8
6,825,122
—__
6,275,000
4,501,034
2,344,312
10,909,479
7,912,174
+ 37.9
6,056,518
6,337,006
341,073,841
259,926,887
+ 31.2
215,762,870
187,524,102
9,351,507
11,008,872
—15,1
1,734,980
1,283,300
+ 35.2
1,569,443
1,156,370
+ 35.7
1,071,361
850,585
510,774,810
392,176,877
+ 30.2
328,939,349
276,710,092
—
j—
•
——
—
_—_
Federal
Reserve
8,217,226
,
5,286,892
•
1,495,151
859,872
District—Dallas—
*
i+
~
52.1
:
Federal
+ 31.8
4,045,094
3,578,893
+ 41.4
159,224,000
127,855,000
18,448,530
+ 27.7
14,327,695
12,884,690
+ 68.7
7,074,000
4,194,000
3.402,822
2,367,157'
+ 43.8
1,932,431
1,588,302
9,902,176
6,792,965
+ 45.8
6,045,876
5,624,371
324,368,084
230,445,251
+ 40.8
•
.
Reserve
Washington—Seattle
District—San
3,142,000
•
2,685,000
188,717,096
154,216,256
5,481,482,770
;—
135,192,641
-
+ 49.9
79,711,744
90,872,694
California—Long Beach
__
2,990,627
+ 17.4
2,742,974
2,259,367
88.462,409
+ 87.3
64,744,267
65,561,702
55,049,260
City
37,667,273
+ 46.1
32,328,077
25,016,463
10,605,963
_
6,233,907
343,422.461
•
San Francisco
7,998,873
8,893,347
430,457.521
*
•
San Jose.—
11,284,942
Santa Barbara
8,736,504
+ 32.6
8,115,596
10,174,413
+ 42.7
5,382,128
+ 25.3
325,880,340
4,751,127
270,134,000
6.500,492
5,439,049
+ 29.2
4,248,768
Stockton..
3,311,957
+ 28.3
2,489,523
1,861,746
9,711,927
8,353,590
+ 16.3
6,212,956
5,055,044
834,647,952
597,387,240
+ 39.7
534,109,097
481,125,605
15,741,182,496
11,157,712,892
+ 41.1
11,203,945,221
9,725,371,930
5,654,766,882
+ 37.9
4,915,703,475
4,412,990,281
...
Total (10 cites)
Outside
90,209,639
3,511,231
165,692,352
Oregon—Portland...
Utah—Salt Lake
♦
Francisco—-
Yakima
Grand Total (112
6,475,930,580
4,934,599 !
193,708,000
23,552,368
'.:i
Twelfth
.
."
-6,502,718
273,934,000
:
37,192,373
5,698.838,902
Newark
260,763,964
5,468,564
(
5,312,381,649
'
New Jersey—Montclair
+ 38.3
1.329.097
575,431
Total (6 cities)—.
937,701
1,449,9+3
Connecticut—Stamford—
291,184,373
._
I
765,247
2,002,814
—-
4,351,350
14.580,356
Jamestown
—
6,501*381
Galveston_________^
'
—.—_—i
+ 23.0
Louisiana—Shreveport
61,484,993
963,379
+
1,068.352
Rochester—
1,383,987
7,386,730
District—Kansas
Fort Worths
406,793,413
,..'67,514,067
Syracuse
1,768,700
9,087,888
Dallas^--————___________
'■
'L. v-.v"-.
11.873,310
/
1,625,173
J
1,925,619
———
Wichita Falls.
+45.4;
105,909,100
,
3.797,710
+ 46.3
6,543,426
Eleventh
15,509,900
.
Elmira—i.—I.¬
.__
+ 18.1
+ 18.1
2,219,312
,
Texas—Austin—
'
'
Federal
Total (10 cities).
5,718,655
12.750,296
<
5,696,893
2,806,453
402,727,870
Pueblo.—
13,071,045
Federal Reserve District—New York—
.i__
2.970.096
6,726,352
3,315,035
2,618,883
18,051,874
-■!*•'■...
Binghamton
43,489,621
+
1,076,784
"
..
3,057,608
120,705,409
50,166,995
——_
503,090
620,103,920
York—Albany,—
4,596,210
192,007,349
+ 35.5
1
Missouri—Kansas City__
St. Joseph,
Colorado—Colorado Springs,
359,333,905
+ 51.2
.,
'
___—___________
2.8
+ 41.7
67,945,392
3,247,771
Kansas—Topeka
Wichita————
2,807,708
v
373,942,044
.
+ 24.9
:
17369,175 -'
-
_____
6,035,719
199,093,874
92,092,284
Omaha
i
New Hampshire—Manchester—
6,206,871
282,051,669
.
12.362,703
K
Rhode Island—Providence.—___
.
297,526,690
Lincoln
'
28,416,277'
•
_
New York.,
330,125,032
—
Hastings,—
$
'•
■•*.;,
+
$
552,796
'
5,336,484
Connecticut—Hartford,
v
+ 17.9
—
Nebraska—Fremont
2,285,434
.____
———
Total (12 cities)
1,000,308
450,712,108
District—-Minneapolis—
Total (7 cities)
1945
1,545,976
.
836,614
_____v
Springfield
Second
Reserve
Dakota—Fargo
Dakota—Aberdeen——.
Tenth
1946
•
+ 60.2
365,178,146
1,931,556
1——.
New Bedford
New
Federal
Helena-———
r
*
999,905
'
1,215,238
4,096,681
V
■
7 Fall River—————
,
+ 32.0
Montana—Billings—
•
Inc. or
v
V'.v
v'-.n
—
Massachusetts—Boston
Lowell,
1,378,555
A
Dec.
First Federal Reserve District—Boston—
7.
South
9,725,371,930
showing the figures for each city for the
years:
Maine—Bangor——
(
45,680,263
1,820,085
Minneapolis—
324,368,084
—112
add
■•
78,446,199
59,846,796
531,254,887
Minnesota—DulutlU-
44
10
—
York
•
•
172,400,000
81,178,331
+ 29.3
297,526,690
291,184,373
Week Ended Feb. 21
■■
188,100,000
+ 27.5
77,677,173
___
Total (4 cities)
402,727,870
week ended Feb. 21, for
:■
+ 10.7
104,356,380
412,269,362'
531,254,887 '
10
_
Francisco
Clearings
267,300,000
100,398,371
.
i«
6
now
582,777,092
133,036,431
Tennessee—-Memphis
Illinois—Qnincy
North
We
652,700,507
14
City.
New
+ 39.4
296,000,000
Kentucky—Louisville
-
486,633.600
7
——
Outside
752,451,531
Eighth Federal Reserve District—St. LouisMissouri—St. Louis—
**
4
Dallas—
Total
1,018,813,891
406,793,413
+ 44.3
44
Kansas
,
J
$
+ 45.4
1,112,336,014
_17
Louis—
San
$
426,393,327
5,698,838,902
it
Minneapolis.,
10th
12th
1945
620,103,920
;
—10
Chicago—
9th
1946
Vc
Dec.
n
7
7th
Inc. or
$
.
Total (17 cities)—
8,224,848,261
6
_
1947
<>
11
.
Richmond
6th
cities
—12
Cleveland
5th
1948
:
Districts
York____—
4th
'
'
—
cities)
New York
—
"
...
"16,112,917
FINANCIAL
&
THE COMMERCIAL
(980)
44
Monday, March 1, 1948
CHRONICLE
When
Per
Condition Statement of Member Banks
DIVIDENDS
reporting'member
banks of the Federal Reserve System in 94 leading cities
shows the following
principal changes for the week
ended Feb. 18: Decreases of $157,000,000 in holdings of
United
States Government
securities, $275,000,000 in
Reserve balances with Federal Reserve banks, $235,000,000 in demand deposits adjusted and $200,000,000 in
grouped in two separate tables. In the
first we bring together all the dividends announced the
current week.
Then we follow with a -second table in
which we show the dividends previously announced, but
statement of weekly
The condition
borrowings.
Commercial,
■
agricultural
and
industrial
de-
loans
$75,000,000 in New York City and $69,000,000
at all reporting member banks.
Loans to banks in¬
creased $83,000,000.
*
.
Holdings of Treasury bills increased $36,000,000 in
the Kansas City district and decreased in most of the
Dividends
week
this
announced
dividends
The
Name of
A.
Addressograph-Multigraph
Youngstown RR., com.
Akron Canton &
Extra
$25c
50c
50c
•
(s-al
50c
—
A
summary
•
5%
preferred
preferred
Alabama
Alabama
&
Allied
Chemical
&
Allied
Products
40c
(quar.)
Corp.
Stores
Aluminum
Dye
(quar.)
(quar.)
Corp.
______
7
Canada, Ltd.—-
of
Co.
_______
6%
Note
Bank
Co.,
40c
convertible
prior
preferred (accum.)
preferred (quar.)
_____
American Casualty Co. (Reading Pa.)—
Increased
_____—___'
5c
r
Loans and
fin millions of
1
3-12
3-15
3- 5
loans '
905
+
3,815
for
pur
399
obligatic
securities
48
+
22
870
—
securities
3,550
to
Treasury bills
—
2,657
Other
Cash
vault
in
*__
*—'
51
—
'*•
•2,298
+
258
+ '
743
'
24
38
+
123
+
795
1,842
;
275
__
771
2,300
—
5
12,154
——i,t—.
domestic banks--—
Ealances with
1,769
653
38
—-
4,190
securities —
with Federal Reserve Banks.—.
Reserve
123
+
64
_***.
28,560
bonds
S.
+
7
4
3,207
U.
937
+
83
+.:-'
3,479
_
24
—
8
+
2,210
—
317
4
—
249
loans
83
—-
■
8
__
484
loans-*.banks
Other
American
Liabilities——
47,409
+
'8
•
960
U.
and
during week
S,
1,169
.
214
82
+
+
8
15
.200
291
Interbank
529
'
1,353
to demand deposit
2,197
+
8
+
9,099
Debits
+
19
+
Government deposits—
Interbank demand deposits:
235
__
14,683
8.
70
+
accounts, except
Govt, accounts,
—-t—
—
Notices
number gives the location in
6%
TENDER
OF
-
Page
Date
Light Corp., class B stock-—Mar
Valley RR., 1st & ref. mtge. 4Vis, due 1961-Apr
Ry., 1st ref. mtge. bonds, due 1949__Mar
Pacific
Chicago Great Western Railway—
General income mortgage 414%
\
?
•
245
3
12
1
646
151
\
bonds, due 2038
Mar 1
Heller (Walter E.)
& Co., 5'A% preferred stock
__Mar 23
"Hoe (R.) & Co., Inc., class B stock——...
Apr 13
South West Pennsylvania Pipe Lines, capital stock——Mar
1
.
432
547
..."
751
PARTIAL REDEMPTION
Company and Issue—
Atlanta Gas Light Co., 1st mtge.
Date
Mar 1
3s, due 1963
Page
542
1
248
Carolina, Clinchfield & Ohio Ry.—
series A, due 1965
1
Mar
Chicago & Western Indiana RR.—
'
1st and refunding mortgage 4Vis, series D, due 1962_Mar
Cleveland Union Terminals Co., 1st mtge. 5'As. ser. A_Apr
Kansas Power & Light Co., 1st mtge. 3'/2s, due 1949
Mar
Michigan Consolidated Gas Co.—
1st mortgage 3 Vis, due 1969
;—
—___„—Mar
1st
mortgage
Oklahoma
4s.
American
1
1
4
§2308
43
-
„
29th
1
bonds,
Street Towers
10-yr.
4%
(now
Co.,
ISSUE
bds., due
CALLED
1952_Apr
1
Gas
&
Fuel
mortgage 5%
$4
Apex
preferred
6%
Tobacco,
$1.50
75c
4- 1
3-30
preferred (quar.)
Smelting Co.
(quar.)..
Ccrp., Ltd., common (quar.)_
749
852
750
' «
890
$$1.12'A
25c
$5
preferred (quar.)
...
$1.25
Arkansas Western Gas (quar.)___.
—20c
Arnold
Constable
Corp.____——12'Ac
Art Metal Construction—.
50c
Asbestos Corp.
(quar.)
Ji
$25c
Extra
$5c
Associated Spring Corp.
(quar.)
30c
Atchison Topeka & Santa Fe Ry.__
:_*.$1.50
Atlantic City
Electric (quar.)—
30c
Autocar Co.
25c
convertible
4'A%
Edison
165.
fiVoi.
164.
§Vol.
166.
(quar.)
preference
Co.,
Inc.
Foods,
(quar.)
Aroostook RR.—
convertible preferred (quar.)..Asphalt
Barber
Corp...
Industries,
(quar.)
Refractories
Co.
Bates
common
Co.,
Mfg.
preferred
4'A%
...
(Ludwig)
Bausch
Lomb
&
Creek
Beech
(quar.)
Co.
&
Optical,
preferred
4%
„'
(quar.).
Baumann
common.
(quar.)
....
(quar.)
Co.
RR.
...
________
Belgium Glove & Hosiery Co. of Canada, Ltd.
Common
(quar.)
Bell
preferred (quar.)
Telephone Co. of Canada
Limestone
Bessemer
....
(quar.).....
Co.—
Cement
&
Decker
&
Bloch
Mfg.
Tobacco,
Bros.
(quar.)
common
—
(quar.)
Botany Mills, class A (quar.)—...
$1.25
preferred
(quar.)
——
Brazilian Traction Light & Power Co., Ltd.—
preferred
6%
6%
(quar.)
Bridgeport Brass, 5'/2%
preferred
British-American
3%%
Oil
—....
pfd.
Ltd.—
....
(quar.)_
conv.
Co.,
50c
25c
12!/2C
$1.50
50c
25c
$1.50
25c
31'Ac
3.60%
&
2-25;/
1- 7
15c
preferred
Battery
Burgess
(quar.)____
Co
____„
%ish Terminal Buildings, 7%
5%
H.)
(P.
(quar.)
non-convertible preferred
Water
542
H2142
153
7%
Co.,
pfd.
California
Financial
T.
Cable &
Wireless
5%
preferred
Calumet
&
Canada
4ya%
5%
1st
class
4- 1
3-11
3-19
3- 1
$1.50
4- 1
3-15
1
3-19
3-19
3-19
3-19
3-10
31'Ac
31'Ac
50c
4-
4- 1
4-1
4- 1
4
1
2%%
;
25c
Copper___
Stone,
Northern
656
Canadian
General
752
Canadian
General
10c
Ltd.
Ale,
(quar.)
common
(quar.)
Power
(quar.)
Electric
Co.
Investments,
1
(quar.)
Ltd.
(quar.)
$$1.12'/3
$62'Ac
$10c
15c
$1.06'A
$15c
i$2
$17'/2c
$20c
3-
2
3-
3-
2
„
3-31
3
9
3-31
3-
9
3-31
3-
3
3-15
.■
2-27
3-15
$15c
12'/2c
3-
5
*."4-
9
,..
3 15
25c
50c
25c
25c
$2.50
—____
(quar.)__„__
pfd.
(accum.i_
2-27
6-
1
5-21
4-
1
3-15
Corp
3-
3-31
3-10
3-13
3-
4-
3-15
1
3-22
3-
3
5
3-10
3-10
2-25
55c
80c
'
(quar.)
(final)'
3-31
90c
..;*.
Co.
2
3-12
40c
25c
(quar.)
(reduced quar.)
—
3-24
3-13
4-
1
3-12
4-
$1
15c
$25c
:
■
1
3-
Properties
(quar.)
Lackawanna
3-31
3-15
3-31
3-15
Class
B
T
Diamond
Ic&
A
(quar.
Car
Motor
Dobeckmur.
Co.'
Doehler-Jarvis
5%
preferred
non-cum.
Tar
Common
&
$1
Power
Co.,
East
preferred
6%
preferred
6'A
Gas
(quar.)
____
___________
-
_L_
v,
.
.
Eastern
Malleable
Auto-Lite
6%
$7
(quar.)
_
/,
5%
.
.*•
\
3-15
1
3-15
3-15
3-31
3-10
3-
1
2-11
3-
1
2-11
4-1
3-15
California
1
3-15
3-10
2-27
4-
1
3-
8
3-12
-
25c
;
3-
8
4-
,
(accum.$1.75
3-31
3-19
4-
1
3-10
4-
1
3-10
25c
4-
1
3-20
17'Ac
$1.25
25c
62'Ac
25c
$1.75
4-
1
3-19
(quar.)____
(quar.)
preferred
Co.,
.
(s-a.i____
1-
common
•
preferred
5%
(quar.)
:
Electric Mfg., common
Emerson
preferred
7%
Coach
Erwin
$1
(quar.)___
Mills
25c
j
4'A%
preferred A
(quar.)
Players Canaa an Corp.
Federal
Mfg.
Federal
Mining
Federal
Motor
Federal
Screw
(ouar.)_
3-15
1
3-22
6
1
4-
1'
3-
6
4-
1
3-
6
3-27
3-12
3-10
3-
3
3-22
3-
9
10s
3-31
3-19
(quar.)
25c
3-15
3-
35c
3-27
3-10
75c
3-15
2-23
75c
3-26
,50c
25c
75c
3-26
3-
2
3-20
3-
5
3-31
3-18
25c
(Marshall)
3-15
25c
4-
Corp
&
See
4-1
4- 1 *
3-20
4-1
4- 1
Florida
4-26
3-5
3-5
3- 1
3-15
3-15
3-19
4-
3-13
Frontier-Industries,
Inc.
4-15
3-31
Fu'ton
Storage^
4-15
3-31
Galveston-Houston
Fund
Co.
Marshall
Field
Indemnity
Field.
i
Stores.
,
..
Corp.
Follansbee
Steel
Foote-Burt
(quar.)
Co
(irreg.t_____
Corp.
Corp.,
Ltd.
common:.
(quar.)
$75c
j.
Extra
$50c
:
Cold
Co.
1
(San Fran.)—
Quarterly
Market
1
7'Ac
$1
3- 3
3- 1
3- 1
3- 5
Cos.,
4-
3-15
3-
Co
Works
Enamel
Fraser
3-15
3-
Smelting___
&
Truck
Foster-Wheeler
1
3-15
(quar.)___!
& Engineering
Power
3-10
3-31
4-
3-
30c
56'Ac
$25c
common
Famous
National
3-10
12'Ac
Corp.____________________
Corp.,
Finance
Fireman's
3-19
1
4-
3-15
Plantation
Family
1
3-31
4-
10c
Williams
Eureka
(quar.)
(quar.).„:
Co.
Cotton
First
1
4-
50c
,;75c
—1
Inc.—
Products of
2-28
Refractories & Alloys Corp.—
Common
Erie
—___________
Co.___
perferred
1
1
4-15
$1.75
$1.50
Power
Electrical
1
3-
4-
25c
preferred (quar.$1.50
& Light, 86 pfd. (accum.1
$1.50
prior
4-
1
4-
$1.50
$1.12V'2
Co.
Ferries,
1
1
4-
$1.75
$1.25
4-
5-
1
.
Iron
Electric
Boat
3-15*
5-
.
(accum.)
Electric
3-31
4-15
/
(quar.)
Electric
4-15
.
.
Water Co.— •,>. 1,
Associates—
1
$25c
$25c
$25c
75c
'
1st pfd. (quar.)
preferred
prior
3-10
75c
(quar.)
preferred
4'A%
3-
3-26
%
Co.
Fuel
&
3-10
—
Interurban
&
7%
Eastern
2-26
3-
$43c
(quar.)
Texas Sulphur
Louis
1
common
preferred
St.
1
3-12
;
Duquesne Light Co., 5%
Duval
1
3-
______________
(quar.)
Corp.
Draper
Duke
3-
3-10
x,
,
(quar.)
(quar.)
3-22
3-20
—
(quar.i
vtc
prefei-red
Common
3-22
$50c
(quar.i
Corp. (interim).—
Chemical, Ltd.—
Square
Dominion
5
I
1
37'Ac
—____—
(quar.)
Dominion Dairies, Ltd.—
Corp.
Dominion
3-
4-
3-27
•»
(quar.i
____
3-15
4-
25c
12'Ac
15c
c___
(quar.i
(quar.)
Co.
Cream
5
15c
Co.___
Cement
5
3-
3-15
3-15
$5
25c
50c
50c
25c
35c
(irreg.)
3-
3-15
3-25
$1
(quar.)
class
Chemical
Portland
Diamond
3-20
3-20
(quar.)
Almy
&
Dewey
2-20
1
1
—
Corp.
1
4-
__j._________._i_
(Kansas)
Co.
3-
4-
Western RR.—
—
Raynolds,
3-11
10c
(quar.)
(initial)
Steel
2-14
1
12'Ac
<quar.)___
common
preferred
1
4-
$1.50
(quar.)__r
Rubber,
&
Rio Grande
&
Devoe
3-
25c
Oil
Detx-oit
3-15
RR.—
Western
&
Mill Mfg. Co.
Tire
preferred
Derby
6-23
3-31
$75c
convertible
5%
5
6-30
$25c
35c
(initial)
Common
„
1
3-31
$10c
Co,__
ccnv.
Publishing
4-
$1
$40c
(increased)_______
4-16
3-15
3-15'
3-19
1
3-
65c
90c
37'Ac
—
Special
(quar.)
(quar.)
Crushed
Dry Ginger
preferred
60c
$1
.
common
Ferro
(increased 1
com.
,
(Louisville,
?
preferred (extra 1—
Manufacturing
Ltd., class A (quar.)
Monte
Ewa
Ltd.—
Co.,
Canada
Extra
90c
75c
$1.75
(quar.)
Consolidated
Canada
$4.25
(quar.)_.
(quar.).
Corp.
preferred
B
B
(quar.)..
Hecla
Bread
.
3- 2
2-27
2-23
2-23
(Holding), Ltd.—
preference (s-a)
Pacific Utilities,
5'/2%
3-10
3-15
3-10
3- 1
3- 1
20c
Co._
preferred
C.
I.
pfd. (accum.)
3-10V
15c
30c
15c
28Vac
3-11
Frere,
B
Elliott
Iron Co.
G.)
&
7%
*,7 9/10c
(quar.)
deposit
3-15
3-31
(quar.)
America
of
prior
Denver &
3-5
3-4
3-4
3-15
1
Publishing Co.—
5%
3-15
4-1
4-1
1
4-
Resumed
3-19
3-15
3-12
3-16
3-11
4-
:
<quar.)__:
Fibre
5%
Petroleum
Dempster
3-•5'*
3- 51"
4- 1
3-31
3-31
3- 4
3-25
-
—-_-*.,
Industries
Ltd.
L.l,
Company,
Denman
2-21
3- 4
3-10
3-31
3-30
4-1
4- 1
3-30
3-30
3-15
3-15
(quar.)
Mfg., Ltd.__*.__—;
Corp.
Petroleum.
(R.
Electric
$$1.50
$1.37'/2
$25c
23 Ac
(quar.)..
(increased).^
Brown & Sharpe Mfg. Co. (quar.)
Brunner
Mfg. Co., common (quar.)
4»/2%
preferred (quar.)...
Buffalo Niagara Electric Corp.—
(E.
Page
§2410
$2004
851
851
"
B
Zellerbach Corp.
Del
3- 9
3-17
British Celanese, Ltd.-—
American
Steel
Delaware
3- 8
3-15
3-15
3-15
....'• ,V,
3-20
v
3-15
3-15
3- 1
3-12
2-27
3-26
3-16
3-16
4- 1
4- 1
,4-15
3-25
$1
..
Co.___——___________
Paper
Electro
(quar.)
preference
$15c
t25c
t$2
3-15
3-15
Extra
7,7.
'
.
(quar.)
Co.
50c
$1.12'A
25c
'
25c
$1
50c
,
4%
preferred (quar.)
i
Bingham-Herbrand Corp., common (quar.)_
5%
convertible
preferred
(quar.)
Birmingham Water Works, 6% pfd. (quar.)
Black
4- 1
4- 1
3- 1
3-15
4- 1
3-26
4- 1
3-31
4- 1
4- 1
4-1
50c
25c
10c
75c
2-11
2
3-15
preferred series
Class
3-10
3- 4
$1.25
4-
3-31
1
Dixie
Inc
Furniture
1
4-
4'A%
David
&
Bangor
2-11
3-
3-15
Darlington
3- 1
3-19
1
1
$4
3- 8
3-27
2-28
3-
-
:
(quar.)
Curtis
2-27
5-6
3-23
3-10
;
Insurance
Crown
3- 8
25c
(accum.)..
Sons..
&
Life
Crowe'il-Collier
3-17
3-10
$2.50
25c
...
1st pfd.
Brick Co., 5%
3-15
3-15
4-
Creole
3-15
3-15
3-31 '
3-31
3-10
6- 2
4-15
3-15
,
(Joseph)
$5
4- 1
3-18
1
90c
$1.12'A
Crane
3- 1
3-31
3-27
3-31
3-18
1
4-
1
Creameries
3- 8
3-15 '
(quar.)____
common
——.—
752
155
.
;
1
4-
5-
Crain
4- 1
3-22
3-15 1
3- 1
6- P *
4-30
*6- 1 ",r,i 4-30
$1
37'Ac
$15c
_
______
4-
$5
Cosden
Glass Corp,—
Argus
Butler
Mar, 1
May 1
•
2-24
25c
(quar.)
Continental-United
3- 1
3-10
Co..
Mining
Copper
(quar.)
1
50c
$1.75
;
$1
(quar.)
____________
Solvents
Corp._______________
Consolidated
3-15
3-12
Tobacco
3-
America—
quar.)_
Continental-Diamond
(Indianapolis')—,
Insurance
Hocking
Anchor
Canada
$Vol,
4- 1
50c
,
8
2-24
"
___________________
(increased
Consolidated
6-1
3-4
3-4
$1.50
Brooke
Co.—
bonds, series A, due 1952
preferred stock
in this issue.
7-1
4-1
4-1
8
4-
1
.«
Co.—
4%
preferred series C
Consolidated Lithograph
3-15
$1,816
50c
748
/*"
Wheeling & Lake Erie Ry., 5 Y»%
♦Announcement
4-15
common
Sumatra
Anaconda
5%
Company and Issue—
Date
Appalachian Power Co., 6% debentures, ser. A,'due 2024_July 1
Berkshire Fine Spinning Associates, Inc.—
$5 cumulative convertible preferred stock
Mar 1
Butte Electric & Power Co., 1st mtge. 5s, due 1951—Any time
Denver & Salt Lake Ry., inc. mtge. bonds, due i960—Apr
l
Metropolitan Personal Loan Co.—
•
25-year 7% debentures, due 1961
—Mar 1
Hew York Gas & Electric Light, Heat & Power Co.—
Purchase money 4% bonds, due 1949
Anytime
Noma Electric Corp., 15-yr. conv. debentures, due 1960_Mar22
North American Light & Power Co., $6 pfd. stock—-Mar
3
1st
-
3-15
3-10
3-10
Sl-12 Va
(quar.)
States
American
Butler
1st mtge.)
ENTIRE
Pueblo
(accum.i_
/
receipts.—
Broadway Market Corp. (Detroit)
Corp.—
2d mtge.
pfd.
$5
652
Gas Co.—
Natural
mortgage
1
1
4- 1
3-
3-
35c
————
Common
3-13
44-
3-15
preferred "';(quar.)__:/4.___li^___^_j_^__$1.25
Consolidated Gas Elec. Lt. & Pwr..(Balt.)—r
>v
3-8
Quarterly
American
Common
27/8% series, due 1961—
Apr
1
Oregon-Washington RR. & Navigation Co.—
Refunding mortgage 3s, series A, due 1960
j._.Apr
1
Plttston Co., 15-year s. f. 4% bonds, due 1961———Mar
1
JSt. Joseph Light & Power Co., 1st mtge, 25/8s, due 1976-Apr
1
Thew Shovel
Co., 7% preferred stock——
i
Mar 15
1st
4- 1
4-1
50c
$1.25
$1.50
...
1
$1
$1.50
Co.—
Co. of
—,
Commonwealth
Ky.)
3-16
4-
15c
Compo Shoe Machinery Corp. (quar.)
Consolidated Edison Co. (N. Y.)—
Co.—
preferred
5%
«
American Cities Power <fc
Central
$1.75
25c
__*.__
(participating)
Snuff
American
Basic
of corporate bonds, notes,
derails were given in the "Chronicle."
NOTICE
2-27
3-13
30c
Service
Preferred
Bassett
preferred and common stocks called for redemption,
Including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
Company and Issue—
3- 8
4- 1
Co
Bastian-Blessing
Aroostook
10c
35c
preierred (accum.)
1_
American Rolling Mill—
4'A % convertible preferred (quar.)
B/G
20,123
Redemption Calls and Sinking Fund
ing tenders, and the page
3-15
3-1
common
Co..
American Power & Light,
Baltimore
Below will be found a list
4
1
3-5
_
Optical
Bancroft
which the
(quar.)„
(quar.)
Manufacturing
American
Arizona
XI.
class A
Co.,
3-16
Co.__
Locomotive Co.,
&
preierred
7%
American
estate
Loans
Derrick
Hoist
Locker
3-31
'
(monthly)
Products
3-16
10c
<
3-31
■
299
Other
340
■—
S'v
Heal
2,866
+
(quar.)
(irreg.)___
1
2-21
(quar.)__
A
Credit
Commercial
3-20
1
$1
preferred
3.60%
3- 5
3-15
50c
common
$6
chasing or carrying:
U. S. Government
Other
+
29
69
Rubber,
Home
American
<—~
dealers
and
brokers
to
American
____—j,.
4- 1
$1.75
common
(quar,)-
American
133
14,623
Co.,
4-
3-20
44-
1
—____
Electric
&
Extra
Common
1
5
1
iquar.)
(quar.).
Insurance
Commercial
3-23
50c
75c
$1.50
25c
20c
Gas
Quarterly
2-24
2-24
1
"3- 1
Life
3-15
4-
$1.25
25c1
(quar.)____—30c
Co.
Co.
preierred
4%
1
2
(quar.)_
&
Counties
Colonial
"
Inc
American
64,277
,
—r
—
—
industrial, and agricultural
Commercial,
1947
dollars)
23,453
Investments—total
Loans—total
Loans
1948
1948
Assets—
Feb. 19,
Feb. 11,
Felt
Hard
preferred
7%
Lines,
Export
preferred
6%
Feb. 18.
3-
5c
20c
American
(—) Since
3-8
t
.
4%
American
Dec.
4-1
4%
3-
3-19
4-
$2
preierred
Coast
3-21
3-31
5-
,
Co., common (interim 1«
(quar.)..
2nd preferred (quar.)—_ V
Peabody
7%
3-8
75c
-
4-1
;
Chemical
Cluett
,
C 6- 1
3-29
Railway
Street
Molybdenum
Clorox
8
3-16
4-
u_—•
Castle Water, 6% pfd. (quar.)
City Water Co. of Chattanooga (Tenn.) —
5%
preferred (quar.i
Cleveland Co-operative Stove (quar.).
Climax
3-
3-31
1
4-
3-
..
of New
City
2-12
1
3-26
50c
75c
.
________________
...
Cincinnati
5- 1
3-12
75c
common
Corp.—
Beverage
.*».
.
(quar.)____,—
preferred
American
3-20
4- 1
4-20
$25c
preferred (quar.) _______—_—
American Agricultural Chemical. Co.
(Del.)_
American
3-31
,
4%
of reporting
«.
Extra
3-12
3-8
3-11
3- 5
3-12
3-18
Steel
Allegheny-Ludlum
Allied
4- 1
4-1
$1.50
40c
75c
(quar.)__
3-
75c
87'/ac
(quar.)..
common
Chicago Pneumatic Tcol, common
$3 convertible preferred (quar.)
Cincinnati Gas & Electric, 4%
pfd.
3-15
9-15
$2.50
$2.50
$1.05
—
;
preferred
Vicksburg Ry (s-b)
4- 1
10«r 1
$3
(s-a)
(s-a)
Power, 4.20%
5%
Inc. ( + ) or
of the assets and liabilities
Ry.,
preferred
(quar.)
Chicago Dock & Canal (quar,)_j—
3-15
3-10
2-16
4-15
—
convertible
3'/a%
1
$1
Ohio
&
3-10
2-16
—
.
American
member banks follows:
Chesapeake
3-10
1
4-
(quar.)
Textile
Cherokee
3-15
1
4-
$38c
25c
50c
5c
Central Investment Corp. (Calif.) (increased)
40c
Central Paper Co.
(quar.)
15c
Chapman Valve Mfg. Co. (quar.).,
50c
Chase Candy Co., common (quar.)
!•_»_
25c
5%
convertible preferred A iquar.)
25c
Chefford Master M,g., 5% pfd. (quar.i—31'Ac
Chemical Bank & Trust Co. (N. Y.) (quar.).*
45c
(quar.)
1
4-
Cloth Mfg. Co.,
preferred (quar.)_.
&
Baxter & Kennedy
Corp., 4% preferred
Carriers & General Corp
3-10
3-10
3-15
3-18
3-15
(interim) —
Corp.
(quar.f*—
(annual).
Ltd.—
(Denver)
Carrier
3-1
4- 1
4-1
4- 1
4-10
4- 1
4- 1
——_____.•—''
Ltd.
Works,
Glove
3-15
50c
30c
(quar.)
Insurance
4-
convertible
$1.50
Payable of Rec.
—50c
J——
(quar.)_
J.,--
Extra
Acme
Share
Company
F., Inc.
Laboratories
T.
Abbott
Life
Capital Wire
Carey
Holders
When
<quar.)
preierred
Capital
are:
Per
preferred
8%
declared.
______
member banks.
5%
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
.
decrease at all reporting member
banks was $4,000,000.
Holdings of Treasury certificates
of indebtedness decreased $28,000,000 in New York City,
$22,000,000 in the San Francisco district, $19,000,000 in
the Boston district, and $64,000,000 at all reporting mem¬
ber banks. Holdings of United States Government bonds
decreased $20,000,000 in the San Francisco district, $14,000,000 in the St. Louis district,, aiid $51,000,000 at all
reporting member banks.
Demand deposits adjusted decreased $119,000,000 in
New York City, $75,000,000 in the San Francisco dis¬
trict, and $235,000,000 at all reporting member banks.
Time deposits increased $19,000,000.
Demand deposits
credited.to domestic banks increased $82,000,000.
Borrowings decreased $155,000,000 in New York City,
835,000,000 in the Chicago district, $24,000,000 in the
Cleveland
district, and $200,000,000 at all reporting
are
Ingersoll
Holders
Payable of Rec.
Share
$$1.50
$$1
$$1.25
> $$2
$10
Rand (increased quar.)*.
Canadian Oil Cos., Ltd., 4% pfd. iquar.)___
which have not yet been
creased
.other districts the net
Name of Company
Canadian
(quar.)
(quar.i
^
"
:
12V2c
50c
25c
1
4-26
4-26
4-
1
3-15
4-
1
3-
3-
2
5
3-15
3-3J
3 31
3-20
3-
5
3-15
Volume 167
Number 4677
-
THE COMMERCIAL
Per
Navie of Company
Gary (Theodore)
"
Share
■
preferred
General
Mills, 5%
Portland
Products
Co.
A
(Increased
(increased
'
$5
preferred
Co.
Co.,
3-
2
4-
Class
3-12
3-30
2-20
50c
3-20
2-27
20c
(quar.)
(quar.)—...
3-
3-
4-
A
(D.
Mission Appliance Corp.
3-12
3-
15c.
3-25
3-12
62 '/2c
4-
1
3-20
3-12
t20c
4-
1
3-
1
3-10
Montreal
t48c
4-15
2-28
4- 1
3-
1
434%
25c
4-
1
3-11
Mueller
$1.0614
4-
1
3-11
Muncie Water Works, 8%
3-
1
2-20
Murray Corp.
(W.
(quar.)..——.—
25c
Corp.
(quar.)
4%
preferred
Hanna
(M.
(G
J.)
•
preferred
4-
3-15
3-
1
National
25c
3-22
3-
5
$1.50
4-
1
3-
6
Class
A
2-28
Class
A
(John)
Inspiration
Co..
Salt
International Silver,
National
National Steel
-
4-
1
2-11
1
2-11
15c
3-13
3-
4-
5
5
3-19
4-
1
$$1.25
N.
$3.75
Nopco
4
4
North
4
(quar.)__
3-25
Star
3-
4-
1
3-15*
Northern
4-
1
3-11
'/.'j
'
i
Fireman
Manufacturing
Quarterly
(quar.)—_
3-15
3-1
3-20
3-
1
Ohio
3-20
3-
1
3-
1
30c
_z—-^—
3-12
30c
6-
1
1
30c
__—
12-
1
Kennecott
Copper Corp.___
Kern
Oil
Keyes Fibre Co.. $6 pfd.
:
nr'nr
Kidde
nrpfprrpri
(Walter)
r
25c
4-
1
$2c
Taylor
1
4-
1
7c
4-
1
33-
5
35c
Lyon
Metal
Cement_________r____—
& Co. (See
Products
(quar.)
Class B (quar.)__——
Macy (R. H.) & Co., Inc
Magor Car-, Corp.—..——
International
(quar.)
&
Mathieson
&
Alkali
»pd.
&
Robbins,
preferred
Inc.,
3-20
25c
4-
1
3-20
4-
1
3-20
$1.0fi'A
3-31
3-15
37'Ac
3-31
3-
8
$1.75
3-31
3-
8
$2.50
(quar.)—
.2-2
——
(s-a>__.
com.
v
(quar.)
3-15
3-
4-15
4-
1
15c
3-15
3-
1
40c
Machine
Meyer
(H.
Miami
Copper
_____
—___________
3-
5
2-25
H.)
Jl
Packing, 614%
Co.__.
——_—
pfd.
—
(quar.)_
———
:
—
preferred
(quar.)
6%
East
3%%
3-17
3-
1
25c
3-
5
3-
1
4-
1
3-12
Riegel
4-
1
3-12
$4
3-
8
62'Ac
4-
1
3-16
$1.62'A
3-
1
3-30
3-10*
25c
3-30
3-10'
1
3-15
4-
1
3-
'
6
4- 1
4-10
3-15
Land
&
4-20
3-31
76c
2-25
2-20
3-31
3-10
4-
1
3-15
3-31
3-12
-4-
"Tip
Co.,
Tobin
1
3-12
Todd
3-15
4-
'
3- "3
4- l',
4-15
3- 9
4- 5
25c
35c
3-19
3-15
3-19
27c
50c
3-15
3-10
4- 1
3-15
3-15
3- 1
2-27
(quar.)_
35c
$1,75
—
10c
3-29
3-31
3-10
$4
40c
$1.06'A
3-19
3-15
3- 9*
4-
3-18
(increased
quar.)_
(quar.)___
4-
3-19
3-1
2-28
2-11
3-22
3- 4*
Oil—
(quar.)
———
Trust
(Los
933Ac
$7'Ac
4-1
3-1
3-
1
2-22
4- 1
4- l
3- 8
40c
•
15c
$1.75
$1.75
$$1.75
12'Ac
.
(increased)__—____
Corp.
1
3-15
3-15
3-1
Angeles)—:
—
Shipyards
4-15
3
3-1G
1
Packing Co., common (quar.)_
preferred (quar.)
_______
7%
2-28
3-10
20c
$1.06'A
(quar.)
com.
Quarterly
3-15
1
4- 1
3-29
4- 1
4-1
Ltd." (quar.)
Insurance &
4-
$1
(quar.)
Co.
Associated
Tailors,
Top
Title
3-
20c
50c
50c
—'
Co.
preferred
$3.75
3- 3
3-10
25c
— —
(accum.)—
Works, 7% pfd.
preferred
Water
Tide
3-10
10c
Carbon
Steel
3-11
10c
Share—
preferred
Oil
4'A%
4-12
t25c
t$1.75
2-28
Toronto
1
3-12
1
3-15
Treesweet
4-15
Tucson
(quar.)
50c
3-1
3-15
2-20
5-15
$$1.25
Tyler Fixture Corp., common,,...-.,,.—5'A%
preferred ("quar.).
(s-a)___—____—_____
10c
13%c
27'Ac
3-20
3-20
6- 1
3- 5
3-5
5-17
(s-a)
27'Ac
5-15
4-15
3-
1
2-20
3-
1
2-20
5'A%
Products
3-
8
2
Union
3-13
3-
1
4-
3-15
&
A
(quar.)_
—
Power
Corp.
—
Bag &
1
4%
preferred
(increased)
(s-a)___.
$2
1
3- 5
.3-12,.:,^s 3- 5
'"4-1
$2.50
______
4-
,
3-8
3-8
4-,1
3-22
3-
$1.25
4-
5
3-12
50c
4-
1
3-15
4-
1
3-15
Union
15c
3-29
3-
6
Union
Preferred
3-20
3-10
75c
5-15
5-
8
Union
Bond
Fund
"A"
17c
3-20
3-ld
30c
3-27
3-8
Union
Bond
Fund
"B"_______,
15c
3-20
3-10
$1
4-15
Union
Bond
Fund
"C"__
5c
4-
$2
pfd
1st
3-10
(quar.)
Co.
(initial).
com.
—
..
;
—
—
4-
1
4
5-17
4-15
3-12
25c
1,
;
3- 5
1
6-
50c
Union Pacific Railroad Co., com.
5c
4-
25c
(quar.)__^—_____
Paper Cbrp.
Extra
v
Corp.
(quar.)
Light
preferred B
Udylite
3-
Co.
Electric
preferred
5'A%
3-19
Trusts
General
Gas
; 4- 1
1
37'Ac
Corp.—
1
&
1
Co.,
200%
3-30
partic,
Union
Union
3-15
1
40c
common..
Twist
Co.,
Co..
4-
3-12
United
Chemicals,
4-
3-12
United
Gas
4-
3-10
2-11
U.
S.
Fidelity & Guaranty Co.
4-
3-15
U.
S.
Freight Co.
5
3-
5
U.
S.
Potash
2-10
U.
S.
Trust
25c
3-10
2-28
Universal
25c
3-10
2-28
(N.
common
voting
Purina
preferred
Textile
preferred
Corp.,
A
Riley Stoker Corp.
River
Raisin
Robertson
$2.50
(P.
6
preferred
Pump
Ronson Art
20c
3-12
:v4-
45c
1
3-
5
3-
5
Works
(quar.)_i.,
3-
1
$2
4-
1
3-15
7'Ac
4-
1
3-15
3-10
4-
1
4-
1
3-20
_____—__——__
$2.50
4-
1
3-
$2.50
—
4-
1
3- 8
4-
1
2-21
3-15
Vulcan
4-
1
5
Detinning
8.
3-5
4-
1
3-19
Wells-Gardner
3-10
Wesson
3-23
'
3-10
3-15
3-
4-10
,
3-12
5
5-31
5-
1
3-12
3-
2
1
3-
5
3-15
3-
1
25c
3-15
3-
1
4-
3-18
3-19
3-5
4- 1
3-15
Oil
1
3-20
3
2-21
3-12
3-
8
Snowdrift
&
Osgood
50c
Wheeling & Lake Erie Ry., 5'A%
Wheeling Steel Corp., common
$5
prior preferred
White
Motor
Wieboldt
2-28
3-
Co._
Co.,* common—
convertible preferred
(quar.)
3-15
4-
&
—
Wheeler
4'A%
$62'AC
3-12
Co., Inc.,—50c
Weston
(George) Ltd. (quar.)—
|20c
Weyerhaeuser Timber Co.^_
!
50c
5
5
25c
1
3-
3-
4-10
3- 4r
1
3-15
3-20
3-10
4-20
3-20
4-
6%
1
3-20
35c
75c
3-15
1
3-20
3-17
30c
,
4-
3-
4-
.$1.50
—
50c
3-10
t50C
!__
common
10c
4-
8
.
preferred (quhr.)^v______—
Wagner Electric Corp. (quar.)___—_______
Waldorf System. Inc.
(quar.)
!
Wavne Pump Co.,
3-23
•
Co.,
%
7%
3-26
•
50c
30C
(s-a)_
4-15
Co.
&
Wiser
Co.
Oil
5%
12'Ac
$1.37'A
3-10
2-8
3-1
3-31
3-31
3-10
3-10
-5-1
1
1
3- 5
3-5
3-24
3-10
30c
75c
(quar.);
1—
(quar.)
4- 1
4- 1
3-19
$1.06'A
4- 1
3-19
5-
3-19
$1.25
75c
4'A%
4-1
25c
preferred (quar.)
preferred (quar.)—
35c
$1.12'A
44-
3-19
3
3- 1
3- 1
2-19
.
2-25
—
25c
4-
1
15c
(quar.)
4-
1
3-11
(initial)—,
25c
4- 1
3-19
$1.25
4- 1
3-19
—
(Alan)"
15c
50c
—
Co.
Co.,
Extra
pfd.
,
(quar.)
common
Hirsch, 7%
Wisconsin
Wood
conv.
(quar.)
preferred
Wilson-Jones
——
(quar.)
Stores,
preferred
Winter
—
(s-a)
preferred
5%
10c
(quar.)
3-15
$25c
5-
«
$$4
12'Ac
com.
1
3-15
1
l$1.25
3-15
$l'Ac
10c
Co., Ltd.,
(quar.)
3-5
3-
4-
—
(quar.)
Virginia-Carolina Chemical Corp.—
6% 'partic. preferred (accum.)___!
$1
(quar.)——
&
Common
50C
(quar.)
3-12
3-15
_
preferred
50c
Co.
Metal
3-10
2'Ac
(quar.)
5
3-29
3- 5
-
933AC
Paper
L.)
Metal Cap, 8% pfd. (accum.)
Freeze, Inc. (reduced)________—____
Ltd.. common (quar.)—
4-
_______
common
3-
4-15
3-12
50c
$1.75
37'AC
_______
Corp.
Upressit
5%
1_
T
Match
Viau,
75c
;
3-13
Vlcksburg Shreveport & Pgcific Ry.—
$1.50
(quar.)—.
3-16
3- 5
25c
3-10
$1.75
(quar.)_l_
1.
1
$8.75
—
3-12
L
:
common
3-
4-
35c
(quar.)
1
50c
(quar.)
Co.,
3-15
3-13
50c
_;
Y.)
1
30c
non-voting
5-12
25c
Co.
(N.
4-
:
(quar.)__
(quar.)
4-
50C
Corp.,
(Bait.)
50c
, :
Y.)—•
3- 8
5-25
25c
$1.75
$40c
:
Bank & Trust
5-25
3-15
25c
(quar.)
(quar,)___-_-_„-_____
.'Extra
3-
2-20
quar.)
5-12
25c
Extra
4-
(increased
3-16
30c
4-
3-15
Ltd. (interim)__
Cncreased)
.3- 8
40c
3-
20c
Mines,
3-19
3-15
$1.50
Inc
Corp._______
_____!
& Manufacturers
52c
Velvet
3-20
3-29
$1.50
(quar.)___—____
$1.75
(Hartford, Conn)—
3-10
25c
(quar.).;
$1.12'A
(quar.)
3-20
.
2-25
6c
United "Merchants
1
3- 1
50c
common_____——
_______I1____—_
preferred
30c
17'Ac
27c
(quar.)
preferred
non-cum.
non-cum.
35c
Ltd.,
Co.
Carton,
&
$1.25
3-10
>,r
9c
Fund______
Stock
Common
(increa:ed)_
Ltd.
Stock* Fund
Drill
Board
6%
\
Co.—
preferred (s-a)$2
Funds, Inc.—
Common
(quar.)
Co.
Storage
prior
Trusteed
United
3-10
4-
50c
Cold
Terminal
4%
1
3-15
"■ 3-
Union
6%
——
Light
(Pittsburgh)
(quar.)_
Rapid Electrotype Co. (quar.)
Reading Co.. 4% 2nd preferred
Romec
4-
3-1
.
&
Haute Water
Terre
Inc.—
Washington Insuvance—
2-20
50c
1st
$25c
(quar.)_^
Dome
fr,
preferred
1
$1.50
3
4-24
$1.50
3-
3-15
:___
Products Co
Corp.
Telephone Bond
1
50c
(quar.)
Sand
Corp.
National
Ralston
5
3-30
3-
37'Ac
7%
1st preferred
(quar.)___
Quaker Oats Co., common
87'Ac
.
1
3-15
1
10c
______—
(quar.)__;
Corp.
Telecoln
3-
15c
___llij.__
Common
»
4"
Michigan Associated Telephone Corp.—
6%
—_
(quar.)—
Insurance
Publication
3-
75c
___
Co._
(quar.)
(quar.) —
Rand's
common
$3.50 preferred (quar.)_
Mergenthaler Linotype Co—
Co.
Quarterly
30c
,
Tecumseh
3-22
3-15
$2
Increased
Public
25c
:
3-10
3-31
.31'Ac
_1
Bros,
60c
Corp. (Calif.)—
(quar.)_,—
(quar.
4-
15c
^
non-cum.
Exploration
Providence
4
$1
1
3-10
4-
12'Ac
(quar.) __:—1
(quar.)
3-19
1
10c
(quar.)—
Mill
Mulliken
River
Preston
Price
1-12
60c
Acceptance
Co.,
Powell
3-20
3-20
1
1
3-20
3-15
Sylvania Electric Products, common,!—.___
$4
preferred
('quar.)
Taylor & Fenn 4.32% conv. pfd. (quar.)___
.
2-16
4-
_______—
Extra
2-27
3-
(quar.)
Superior Steel
9
Thermatomic
-i
Quarterly
Pittsburgh, Ft. Wayne & Chicago Ry.—
4,
Common
(quar.)
7%
preferred (quar.)
Pittsburgh Metallurgical Co. (increased)
Potomac Electric Power, 3.60%
nfd. (ouar.)
5*
4-15
(ouar.—_—_r____—
1st preferred
1st preferred
3-
4-15
20c
(quar.)—L—_—
Corp. (quar.»_:__
Mengel Company (quar.)
.■«_
Mesta
3-15
$20c
McWilliams Dredging Co.
5%
7
$17'Ac
Medfcrd
Merchants
3-17
10 l/10c
common.-...;—
7% preferred (quar.)____.
McCormick & Co. (Bait.) pfd.
McKesson
3-15
4-
Corp.
3-
Texon
Co
Power
Circle
Phoenix
8
40c
414%
Works,
3-31
3-15
__
4-
U7'/2C
(accum.)
(quar.)
Glass
preferred
Extra
3-10
3-
3-16
2-28
25c
3-20
15c
(quar.) "
Petroleum
Communica¬
(quar.
Co..
3-31
1
1
share
unpaid
Co.——__1
preferred
Perfect
3-10
50c
__—
Sons
Field
3-31
4-
25c
—_———
(M.)
per
in
Pennsylvania State Water. $7 pfd. (quar.)_
Pennsylvania Telephone, $2.10 pfd. (quar;)_
Pepsi-Cola Co,
2-28
25c
—-
Marine
5%
414%
1
3-15
3-31
——
3-23
7%
Grinding Wheel (stock dividend)
Telephone (quar.)
Common
3 17
50c
—.—
4-
$194.05
Investors,
Car
Chemical
Pennsylvania
1
3-
$7'Ac
.
7% preferred
(quar.)
Market Easket Corp., common
(quar.)
$1 preferred A
(quar.)—_
Marshall
3-
3-31
3-15
1.
Sunbean
40c
—
tions, American dep. recpiDts (final»___—
Maritime Telegraph & Telephone
Co., Ltd.—
Common
3-15
1
A__—__________
B___—
Sunray Oil Corp., common
4'A% preferred series A
Superheater Co. iquar.)
50c
$100
class
class
Stromberg-Carlson Co., common (special)
4% convertible preferred (quar.)—
Inc.—
Manufacturing
Peninsular
■
3-15
$12'Ac
1
2
Corp.__,
Mills,
Convertible
37'/2c
Aggregates
Motor
Peninsular
5
$$1.25
—
Stonecutter
'
3-17
1
8tewart-Warner
8
5
93%c
1
(quar.)
preference
Pettibone
_______
^'Mandel Brothers, Inc. (resumed
Mangel Stores Corp. (quar.)___.—
Merck &
3-
4-
$1
__—______—
Marconi
4%
3-15
25c
_______—
,(irreg<).4----i^-4r-r--—'
Steel Co., Ltd.—
5%
preferred
(qu?.r.)__
MacMillan (H. R.) Export
Co., Ltd.-—
Class A (quar.
6%
3-12
4-
12'Ac
(quar.)______—
Inc.
5
(increased
Pennsylvania
MacKinnon Structural
$4
50c
$2.50
1
2-28
47'Ac
25c
25c
50c
37'Ac
3-19
25c
Debenture
Patchogue-Plymoui h
3-15
4-
3-10
12'Ac
-
(initial)
5-
$1.10
Companies, new
preferred (quar.)
Park
3-15
1
50c
Trucks, Inc.
Marsh
1
4-
3-10
37'Ac
(initial)—1
——'*
A
(initial)-.
preferred
3-
"
pfd.
Paraffine
Baumanrt, Ludwig)l.
Extra
Mack
4-
15c
25c
37'Ac
_____
class
5-
(quar.)
Coast
Pacolet
3-15
20c
,
50c
9
3-15
25c
Co.—
(quar.)
5-15
Sugar Co.—
Packard
2-11
15c
(increased .quar.)__2i_
7%
Co., $5
Pacific Indemnity Co.
5
3-
B
6%
Co.
Finance,
5-15
$1.06'/4
$94.05
&
3-31
common
&
Coast
Pacific
3-17
$1.75
'
Class
:
■
3-15
(resumed)
and
Stoker
Loan
2-19
4-
3-26
"
5
4-12
3-
Insurance & Guaranty Co.*—
Co., common——
,
—
American
Pacific
2-25
.
&
1
3-22
(quar.)
Ludwig Baumann
3-
5-
$2
Extra
Lord
3-31
3-31
37'Ac
17'Ac
3-
1
3-12
22 '/2c'
:
B'Gotih,
$1.50
3-15
Corp., (quar—
Portland
Pacific
2-23
20c
State
t
25c
quar.)_
$1.50 convertible preferred (quar.)_
Otis Elevator Co., G% pfd. (quar.)__
Ottawa Electric Railways.—
3-25
com.
Springfield Fire & Marine Insurance
Square "D" Co. (increased)
Standard Milling Co. (quar.)
3-15
53 '/sc
Products, Ltd.,, com.
preferred (quar.)^—
Common
2-20
1
1
—
Longhorn
3-20
:
3-15
2-20
Thomas
Lean
-Paauhau
,.2-25
3-
Petroleum
A
"
5
4-
_
Lindsay Light & Chemical Co., 7%
.pfd. (quar.)
London Hosiery
Mills, Ltd., com. (irreg.)—
class
3-
$1.50
Co—_________ .111.
Inc. (quar,)_.l_.__4V-Kirkland Lake Gold
Mining, Ltd. (s-a)_—
Landers Frary & Clark
(quar.)________—_
Lehigh & Wilkes-Barre Corp. (quar.)__.
Lexington Water, 7% pfd. (quar.)
80c
3-13
$1.50
&
Lima-Ham'lton
2-27
3-31
1
1
Standard
1
!
represents
Corp.,
Oshkosh
■
1
4-
3-
47'/2C
(liquidating)
preferred
7%
2-27
3-31
6'Ac
-
Y'T
Kingsport Press,
Lincoln
3-31
50c
(accum.>_T___i__—
YVtfid
3-
8
1
3-22
V'
,
$1.25
Co.,
I
4-
Electric^—
&
(quar.)_____
Investment
—
5
$1
■
Ontario Steel
2-25
75c
(increased)—
Industries——
3-
3-
3-15
50c
County Land Co.
Kerr-McGee
1
3-15
25c
____________
6%
8
35c
i.'
...
(quar.)___—
3-
75c
______________
Special
1
Ontario
2-28
4-
35c
.
—
Kerite Co.
3-15
20c
3-
—
Light & Power—
preferred
Omnibus
11-10,
37'Ac
.
Gas
Extra
3
1
50c
8%
preferred (quar.)
Oneida, Ltd., common (quar.)__^
8-10
•*,
Quarterly
Irving (John) Shoe Corp., 6% pfd. :*(quar.)
Irving Trust Co. (N. Y.) (increased
quar.)_
Jefferson Lake Sulphur," 7%pfd. (s-ai
Joseph & Feiss Co. (quar.)_—
Joslyn Mfg. & Supply——
Edison
4.40%
5-10
9-
3-15
$1.50
2-29
3
4-15
(quar.)_
Corp..
2c
30c
•
iquar.)
Gas Co.—
3- 5
2-21
3-
4-
Engineering Works (increased)—.
2c
Iron
r,
3- 1
2-20
9-
3-
Oakland Title
50c
3-15
t37V4c
1___^
Rv.
Oil, Ltd.,
Nu-Enamel
i
3- 5
3-15
1
dividends.
3-23
433Ac
3-31
3-
3-31
60c
Gas—
&
retirement
75c
Hosiery Mills (quar.)——
Investors Royalty Co.
(s-a)—
3-31
27c
17'Ac
$1.06'A
(quar.)_
1
Sterling,
common.,,
Co
payment
50c
Interstate
37,'Ac
—
common
1
12-
15c
'(quar.)___;
preferred
preferred
North
Co.,
3-
1
12 V4c
(quar.)_
Southern
for
8
3-Hr
1
3-
Watch Co.—
&
Electric
Chemical
This
%
4-
62'Ac
3-15
25c
Co.,
pfd. (quar.)__.
(quar.)
Paper (quar.)_*.
Clock
American
$6
3%
3- 5
preferred (quar.)___—_—
5% cumulative preferred (quar.)_____—
>
5% convertible preferred (quar.) ______—
:
Spindale Mills
5-
25c
(quar.)
preferred
Norfolk
3-
.
10-
3-15
3-15
25c
convertible
$1
4
Co., 4V4%
2-27
1
6-
Co._:
Industries,
State
Y.
2
3-12
4-
1
$1.50
Insurance
convertible preferred
4% %
3-
3-10
10c
Haven
4V4%
Newport
■
3-13
4-
3-31
10c
7-
1
20c
5
Refining
preferred
3-
3-31
____
New
1
3-22
3-31
3-
115c
Car
Nekoosa-E'dwards
3-22
4-15
t50c
—
pfd.
;
Tea
3.8%
>
3-19
4-
$1.25
1
tl5c
Accident
Sugar
National
3-27
1
37'Ac
4-
4-
(quar.)
3-12
f 15c
$1.25
(quar.)
A
preferred
Southwestern
3-12
1
___;
Radiator
National
3-19
4-10
(
1
1
4-
(quar.)
Corp., Ltd. (quar.)_
National Sleel Corp. (quar.)__,
7
35c
—
44-
:___
Tenn.
2-27
3-20
3-
Copper Co
(lrreg.)i^______i-—__
7%
Nashville,
&
3-19
3-
(inter'm)______
Co.
Life
1
$1.50
—.——
Consolidated
International
.
Ltd.
National
1
$1.75
1
50c
Lead Co., common (quar.)
preferred B (quar.)____
1
3-12
4-15
5%
Gas
Natural
preferred
Southwestern
5
115c
National
3
preferred
$6
3-20
1
1
4-
1
4-
$1
4-
4-
4-
3-
1-2-49
/6%
4 'A %
Southwest
2-27
3-15
t37V4c
1__
,
(quar.)
$1
$1
3*45
(quar.)
common
Union
'
(Hartford)—
Hosiery Mills, Ltd., class A
$1.50
(quar.)
4-515
25c
1
U5c
,
Southern
3-31
/50C
2-27
1
Co.—
Original preferred
(quar.)
preferred -(quar.)
5
12'/2C
,
Edison
California
3-15
4-
4.32%
5
3-
tl5c
3-
3-31
3-
1
(initial)
3-31
40c
8
1
4-
(quar.).—-.
$6c
;;
3-
4-
t44c
A
3-iO
25c
3-26
t50c
B
3-10
4-
8
Class
1
56 'A c
3-
Class
4-
25c
3-15
3
3-19
50c
3-15
3-10
_
50c
•
Ltd.,
(quar.)
4'A%
preferred (quar.).--.-.---.^*.1"—f $1.06'A
Industrial Rayon Corp. (quar.):.'_il-^_4—
75c
Industrial Wire Cloth Products
Inglis
National
6
25c
Ideal Cement Co*(quar.)—..a—4-——
(quar.)
Co.
2-27
3-29
3-31
3-31
$1.25
'
3-
3-15
1
3-12
35c
(quar.)
1
3-
5% preferred (quar.)
.___—„———,
Indianaoolis Power & Light
-
Southern
v
Grocers,
preferred
4-
3-25
——
(quar.)i_—■
3-20
(quar.)
common
(quar,)—
Register (quar.)_
$1
25c
preferred
4-
Quarterly
433Ac
3-31
(quar.)
3-10
10c
National
,,
com.
3-20
1
15c
3-15
50c
(quar.
3-
75c
4-15
—
Ltd.,
3-15
(quar.)
25c
preferred
Acceptance,
3-10
5%
3-10
2-27
59%c
_____
3-29
Breweries,
3-30
3- 8
$20c
(quar.)_
Ltd.
(interim).'
pfd. class A (quar.)_
5% prior preferred (quar.)
Soss Manufacturing Co
Southern & Atlantic Telegraph Co. (s-a)
*_
Insurance
preferred
25c
2-19
Fire
43A%
Skenandoa Rayon,
common
(quar.)
(Hawaii)
Breweries, Ltd.,
Cash
4-
50c
America,
3-1
35c
2-20
3-10
3-25
30c
$5
343ic
1
20c
Sick's
& Brothers
preferred
National
—
1
3-
12'Ac
3-15
National
1
4-
3-25
3-15
Casualty Co. (Detroit) (quar.)—
National City Lines Inc., com. (reduced)
$4 preferred A (quar.)
(quar,
Light, 4% pfd.
National
1
3-11
50c
4-10
4-
(quar.)
pfd.
Telegraph
3-19
1
1
3-
65c
4-
;
of
(F. E.)
% 3-19
3-31
3-15
4-10
$2
Co
preferred
7%
2-11
35c
15c
3-
■,
Industrial
Brass
(quar.)
Nash-Kelvinator Corp.
1
1
$1.296875
59%c
3-10
o
&
4
.___
$1.75
tquar.)..
Indianapolis Power
3-
t25c
(quar.)__
Drop Forging Co., com. (quar.)
convertible preferred (quar.)
Namm's Inc.
3-15
35c
1——1—
Hyde Park Breweries
5 'A %
3-
3-31
$1.25
—
.
preferred
17'Ac
(quar,).—
Motors (irreg.i—5—i
Huntington Water. 6% pfd, (quarj—7% preferred
(quar.)
Hutchinson Sugar .Plantation
Co..|.44_4r___
Extra
3-12
-----
convertible
4
3-15
Corp., 6% pfd. (quar.).—
Hou.da lie-Hershey Corp., common..——
$2.25
3-
1
Gibson
Howell Electr
4-
4-
25c
Holhnger Consolidated Gold Mines (quar.)..
Hollingsworth & Whitney, com. (irreg.i——
$4
t$1.75
$1
40c
Munning——T_,
Hobbs Battery Co., class A (accum.)———
Hollander1 (A.) & Son (quar.)——
Hotel
(quar.)
3-15
3-
(quar.)___
preferred
B
1
5'A% .pfd, (quar.)
Co.——_a—~—
convertible
preferred
4-
3-11
Corp.
(quar.)„_
Selby Shoe Co., (quar.)
Shellmar Products Corp.—
20c
3-10
1
,
Seeger-Refrigerator Co.
(resumed)
2-20
4-
(quar.)
com.
4
Mutual
Paper Co.
Co.,
4
Myers
Co.,
Powder
Dauch
&
$2.60
Finance
3-
4
3- !
1
____
3-
5
—
Hendry
Seaboard
3-15
Oil
Works, common
preferred A (quar.)
43A%
5
Tidelunds
of
4-
3-
Hearst Consolidated Publications, Inc.—
7% preferred A (accum.)
Hein-Werner Corp.
———
Helme (Geo. W.) Co.,
common———
Hinde
share
Water
Jose
4-
4%
3-10
-
2-28
4-
held.
common
San
J75C
3-
Hathaway Mfg. C0r—-—._
Hayes Industries, Inc.———
Hercules
each
for
2
t$1.75
1
(quar.)
(quar.)
3-20
(quar.)
4-
Co.; common..—
♦
$5 preferred
(quar.)—..
Harrison Wholesale Co. (increased quar.)...
preferred
Co.
2
A
3-20
Harris-Seybold
7 %
Telegraph
Corp., Ltd., common (increased quar.)
75c
Co.—
Winkle
of
preferred
25c
(quar.)———
A.)
Hanson-Van
3-29
$50
——
—,—..
Printing Co.
Haloid Company, common
(stock dividend)—
voting trust certficates
Corp
7%
7%
(quar.)
Corp
F.)
Oil
4%
Co
Oil
1
Oil
Hall
Dome
distribution
A
3-15
3-31
common.
3-11
—
"
40c
3-15
Group No.
4-
Containers, class A (quar.)
Manufacturing Co. (increased quar.)
Auto Equipment, com. (resumed)—,
5%
preferred (quar.)
i
Montreal Locomotive Works, Ltd. (quar.)_
1
Gulf
Salt
t25c
Modern
Moore
3-10
3-12
4-
Monroe
4-
,
3-25
3-15
3-12
3-31
15c
2-20
3-2
50c
Co.
1
3-15
2-27
15c
$1.15
5
2-20
3-
20c
(quar.)
Safway
3-20
Holders
1
1
1
4-
$75c
3-
10c
Industries,. Inc.
Ruud
,
45
Payable of Rec.
30c
3-31
4-
4-
Modine
J12 ViC
———
When
Share
(quar.)
Co.
t50c
4-15
5
3-15
&
& 'Tool
Extra
3-19
3-11
Moore
Gear
Ross
3-19
1
3-31
4'A %
Ross
Manufacturing Co
•
25c
Steel Products (quar.)
20c
Safety Car Heating & Lighting Co. (quar.)_
$1
Saguenay Power, Ltd., 4'A% pfd. (quar.)__ $$1.06'A
St. Joseph Water, 6% preferred (quar.)___„
$1.50
St. Louis Public Service, class A (reduced).
12'Ac
!
(quar.)
$62 %C
Great West Felt Co., 50c conv. pref. (quar.)
Great West Saddlery Co., Ltd:—
/: :
6% 2nd preferred (quar.)
1
GTiggs Cooper
3-15
3-30
25c
Power, $4.60 pfd. (quar.)
(Robert) Co., Ltd. (resumed)
Great Lakes Paper Co., Ltd.—
Class A preferred (quar.)—;1————
Corp.,
preferred
1
3-30
•
15c
t$l
Greyhound
4-
7V4o
(quar.)
J.)
(quar.).
Greening Wire, Ltd., (quar.)
3-15
2-28
3-26
$1.25
————
1
3-15
56'4 c
Mississippi
5
3-12
$1
common.———
Goodyear Tire & Rubber of Canada
3-12
20c
40c
—
^
(quarJ
Milliron's
-
(N. Y,)
4-
2 V4c
3-10
Per
Name of Company
2-19
Ruberoid
preferred (quar.)
Mfg. Co., common (quar.)
Miller
1
37V4C
3-16
100%
—
quar.)—
F.)
8
1
4-
Holders
3-
50c
pfd. (quar.)
(981)
Payable of Rec.
75c
1
414 %
1
quar.)————
B
<B.
1
Mitchell
Class
Goodrich
3-
When
Share
(quar.)__
Company
3-31
—■—-
Insurance
Midvale
'
Class
Palls
of Company
Mid-West Refineries, $1.50 conv.
Midwest Rubber Reclaiming—
3-23
4-
25C
dividend)
(stock
Co.—
1
3-15
$1.25
—
Coal—
5-
1
3c
(quar.)—:
Cement
Glenmore Distilleries
Glens
Name
3-12
1
25c
—.-
(quar.)__
preferred
3-
4-
12'Ac
—■
quar.)
Corp.
3-22
$1.06'A
Inc.
General
Alden
10c
(quar.)
(increased
General Instrument
Glen
A
series
General Bottlers,
General Box Co.
Gerber
Payable of Rec.
75c
CHRONICLE
Per
Middlesex Water Co.
(quar.j
FINANCIAL
Holders
& Co.—
$1.60 1st preferred
(accum.)
General Amer. Transportation, com.
$4.25
When
&
Steel
preferred
Co.,
common
(initial)
!—
3-11
^/.,^/v/v v.
':i,;or/jO/r'wr>'♦ i\vw*
Wood Newspaper Machinery Corp.—
5% convertible preierred (quar.)—
10c
3-31
3-18
1
3-5
$2c
3-15
2-28
10c
3-18
3-
4-
Class
Abltibi Power & Paper Co, Ltd.—
$1.50 preferred
5%
A
Steel
Acme
Co.
(quar.)
3- 1
3-1
Avon
$25c
$$1.25
$1
20c
25c
15c
$1.25
20c
4- 1
3-10
———
convertible preferred (quar.)———
Aetna Standard Engineering, common.
5%
5%
Adams (J. D.)
Extra
.,;
Co., common (quar.)-i. ;
3%% convertible preferred (quar.).
—
Alpha Portland Cement-——,—Aluminium, Ltd. (quar.)————
Aluminum CoofAmerica, common—
$3.75 preferred (quar.)———
Aluminum Co. of Canada, Ltd.—
4%
preferred
(quar.)
:
Aluminum Goods Mfg. (irreg.)——;
...
Aluminum Industries
(initial)---
3-22
Baltimore
2-20
81 %c
25c
$$2
50c
93%e
2-20
3-31
3- 5
3-10
3- 5
3-10/
4-1
3 4*
2-17
2-14
2-6
2-20
3-10
Bankers Trust Co.
Class
2- 4
3-16*
3-1
20c
15c
4- 1
3-15
87%c
3-25
3- I
25c
30o
3- 2
3- 1
50c
————
2-16
2-20
2-15
4%%
$1.25
3-15
3- 1
$1
3-15
3-1
3-31
3-31
3-15
4-1
4- 1
3-15
3-19
;——
—
preferred
.
American Factors, Ltd, (irreg.) ™__
.™_
American St Foreign Power, $6 pfd. (accum.)
(accum.)————.
Forging & Socket——_—.
Hoe, common—
4%% preferred (quar.)_L.__—;
$7 preferred
American Fork &
—
Common
3-15
4-15
Bibb
■
2-11
3-15
3-15
4- 1
3- 1
3- 1
3-1
50c
$3.50 preferred (quar.)/ 62%c
$3 preferred (quar.)
——-—u.
75c
American Hawaiian Steamship
——75c
American Hide it Leather—<•
11
./*
0% convertible preferred (quar.)——_
75c
2-11
»'
;
3- 4
2- 6
(monthly)-.
Indemnity Co. (Bait.)
Insurance (Newark, N. J.) (s-a)_
American
.
Products
Home
Extra
.
2-6
25c
.
lQo
■
American Investment Co. of Illinois—
Common
5%
(increased
30c
31 %c
3-10
4-15
3- 1
Cash
4rl5
4- 5
American Molasses
Co.,
common
7- 2
3- 5
3-15
3- 1
37 Vic
3-15
3-1
$1
Common
American News Co.
(bi-monthly)
American Potash it Chemical, cl. A (quar.)_
Class B (quar.—
$4 preferred A (quar.)__
7%
3-15
3- 1
20c
—
preferred
(quar.)
American Stores
50c
3-15
American Thermos Bottle
4%%
preferred
(quar.)__
Co., common (quar.)_____
_—
Products
Anglo-Canadian
Oil,
(quar.)
___
6-25
3-1
4-8
3- 1
2-10
3- 5
2- 5
yoc
3-31
4%%
3-1
I
75c
2-10
2-10
3-15
2-14
$i5c
3-1
1-31
$$1.12%
3- I
1-31
25c
_
3-1
3-1
50c
Power
3-15
2-28
3-30
15o
30c
-
•
$1.50
3-15
4-14
3-15
4- 1
40c
3-
93%c
1
3-10
2- 9
3-15
3-
1
$Q.9011
3-15
3- 1
(quar.)
25o
3- 1
2-18
7% 2nd preferred (quar.)
'*
3-15
3- 1
3-15
3-1
40c
3-1
2-13
$1.50
3- 1
2-13
$1.75
3- 1
2-13
25c
(quar.)
'
•
'/
preferred
(quar.)
-
preferred, (quar.)
'
4-
1
2
3-12
.
-
'!
'
4-1;
3-12
4-
3-
1.■:
3-1",
2-
9/
3- l
3-15
3-16
'$i:75
3- 5
1;
-
15c >
27%C v
15c v-r
40c -
.4
2-
3-
9.X.
;
2,-
Central-.New Yotfc Powers' -i":/ *:/;;v
9
4-
$1
2-20
3-.
2-20
3-
3.40%
3-21
3-
.
.
2-16
1
Central fe' South
2-14
3-:i5
3-. 1
2-18
500
3-12
3- 1
2-11
3-31
2-28
3-
2-20
,
:
■
3-1
3
3t20
3-
30c ,•/
3-1
15c
3-
1
4-
I
3-
3-1. e
Transit;/6"%
1 Idllblt,
v
2
1
IS
4-
7
2-26
Is
4-
7
2-26
is
4-
7
2-26
Is
4-7
2-26
2-26
4-
7
a2%%
4-
7
3-15
2-28
$ 13c
3-15
2-28
(s-a)__
50c
3-10
,
2-26
2-18
$1.10
3-
1
2-10
$1.25
3-
1;
2-19
25C
2-12
3-
1
2-18
20c
3-
1
2-18
30ft
—
4
2%c
—^—__
Shoe
3-
3-
1
2-13
4-30
4-15
90C
—
$30ft
3-15
2-16
25c
——
common-—
3-15
3-
$1.25
/
20c
$1.25
25C
20C
1
1
3-20
3-15
2-18
4-
1
2-TO
3 10
2-25
3-
3-
1
2-16
2-
3
12 %C
3-
1
2-3
25C
—
3-1
3-
6
2-
7
2-16
>
■
Chatco: Steel
,
4-
;Chesterv411e4VLims;: Ltd. 4inteHm:i!^-ii_t_-/15c4,/ 4-30
Chestnut Hill :RR;" (quar.)75c
3- 4/,
6
2-16
3-1
»:.4-»4// ,;3-19:/.
<-
JJtU,
ljUUl ./
partic. pfd. (quar.) !,/ $1.50f V 3- 4n:, 2-20 >
2-20
3-1
Products, Ltd.; pfd. (s-a);_;!_ /: 425ft
$25c
Chesebrough Mfgi- Co.' -(quar.)!!!__
/ ' ■50a i.J 3-29/. !3- 8 I'
50a ■S:3-8.;/
:•••;Extra./._!!■_K-v• 25c;;/v-3-29"
9
$37%c
(s-a)—,
-!
3-
3-151»:-
3-10/;
Chicago
*
Corp.; $3 preference
Common
75c !
Common (quar.) !;__
:
Chicago Mill St Lumber.Co. (quar.)_____
'Extra
;
Chicago Rivet & Machine (quar.)
Chicago South Shore St South Bend
7%
Securities
.
RR.—
25c
$37
3-1
3-15
4- 1
3-12
'
(quar.)
./;..
Cliffs
$4.50
Iron
preferred
Co.,
.*;
2-16 !
3-1:
3- l:
$1;'
2-16
3- 1
;
2-14
$125
6-1
5-15
9- 1
3-15
8-14
3-31
3-15
20c
3-12
3-
62%c
3-31
3-10
$8c
2%%
.
3-
-
1
-
1
'
(quar.)
2-17
3-15
3-15
2-26
25c
$1.12%
3-15
3-
3
-
3-15
3-
3
'
4-
3-15
:
_____
(quar.)_
common
(quar.)™—
1
50c
$1.25
10c
,____
3-
-
2-26
Electric Illuminating Co.—
preferred
(qi*ar.1
—
Cleveland Graphite Bronze, common
5%
preferred (quar^)
(quar.)
,
New common
(initial
Industries
Monthly
3-11
3-1
3-11
:
50c
87'Ac
3-
:
1
3-
2-10'
1
2-10
3-1
25c
3-15
3-
40c
(quar.
Cllnchfield Coal Corp.—
1
!/:',!/::/
& Pittsburgh RR.—
special guaranteed (quar.)
i.
7% regular guaranteed (quar.)—_!____
Cleveland Quarries Co. (quar.)
4%
Clearing Machine Corp.
40c
$1.25
Cleveland
Clinton
:
7-20
$1.12%
Equipment Co., common
preferred (quar.)_____
4%%
.
.
2-24
$1.25
preferred
(s-a)_
City Auto Stamping Co. (quar.)____
1.
City Ice & Fuel Co. (quar.)_________
City Title Insurance (extra)
Cleveland
2-24
8- 1
$1.25
5%%
Cleveland
2-19.:
3-20
Ry.
5% preferred (quar.)
5% preferred (quar.)
Cinzano, Ltd., class A_______________
5%
1\
V
,
Cincinnati New Orleans & Texas Pacific
5% preferred (quar.)
Clark
;
"3-
3-15
RR. Co.—
!■
/
(s-a)__$2
Cincinnati Milling Machine Co., common___
35c
preferred
r
;
25c
Inter-Terminal
[/
2-28
—
$1.75
9
3-15
3-15,
3-15/
•/" 25c. ''
./
preferred
4%
6-
;
3-30,
! 3-30
•
$1
4%
,
2-15
3-9
30c
!/v 15c
preferred ' (quar.)
Cincinnati
3- 1
4-15
7-15
common—™—_
Co.,
9
V2-20
25c
25c
(quar.)
tquari
Chrysler Corp.
a2%%
2rl0; /
3-10
-3*-12-4
Christiana
.
,
.
Champion Paper & Fibre,- "co'mmori- (quarii^ii
23c ".**•' 3~10 >
$4.50 preferred :(quar.')c.______;i/^-_i4._'_. ;$L12%•• !:•«:!.
1. !
Chads Corp;
*,'•' 20c -3-1:;*;'
Vtllli
2-19
,
,
3-20
•'
2-15//
'
'2-28//
' •
75c
1C.11VU
Charleston,
.
2-20
25c
-
35c
4% % priof preference: (quar.)--___-^__i__ i v$1.12%
Chamberlin :Co. -of A me r ica
i l-JL-, •;
10c
2-16
15c:
75c
- v
3-
■
2-20
2-20
50c
Wesb/C^rp. /s-a) !!;—
.
'Certaln!teed.-'.ProdUcts; V.-ifi*i
.
3-1
,
!'
Century Ribbon -Mills..(qUaL) iu-u.-_i.^!u!-/--j" 4*
2-16
1
2-10 v.-
3- 1/
/
90ft
CentraFSteel & Wire; Co-, 6% pfd. ; (quar.);
.
3*
85c.
850
.
Onio
3.6 %'
3-15
3-
preferred (quar.)_____——
Light '&!Po\^er^
preferred Hquar.)
Cencral
2-16
3- 1
2-16
1
*
3- 5
2-13
!
-
\
quar!)__—; 25c
(monthly)—
__________—;
20c
2-16
3-1
■
20c
r____
3-16
4-1
-
'
Cockshutt
(increased
37 %C
——
$1
—_—
87%C
r—
3%% convertible preferred (quar.)_——
Burrard Dry Dock, class A (quar.)
—_
Burroughs Adding Machine (auar.l—
Bush Terminal Co.
(stock dividend)-Butler Brothers. 4 !/a % preferred (quar.)
87%C
Water
2-
6
2-
6
3-
1
2-
6
3-15
2-25
3-10
1-30
3-15
2-27
3-
1
2-
3-
1
2-11
4
Plow
Coleman
4%%
Co.,
common
$3.50
preferred
Collina &
4-15
3-12
Colorado Fuel it Iron, 5%
15C
;
2-20
1
2-14
4-
1
3-15
75c
.l..
3-15
3-
3-21
3-10
50c
4-4
3-10
Common
conv.
B
-
3-1
2;i8-
-
3-1
2-18
«
3-1
2-14
1
3-
1
3-15
3-
1
Commonwealth
3-
1
2-20
Commonwealth
34%C
4-
1
3-20
Edison
Stamping
.
,
2-
9.
3-31
3-
8 ?-
3- 1
3- 5
2-16
25c
25c
37%c
4
3- 1
'
50c
2-20
-
50c
3-
5
2-20
•
3.-10
2-13
/
12%c
3-25
3-10
,35c
;
(quar.)
(Del.)
(Phila.)—
'
(quar.)
preferred* (quar.)__
.
5- 1
4-
4-
1
3-15
3-1
2-20
3-
2-20
Co.—
—
Co.
50c
50c
50c
Investment' Co.
'Commonwealth Title Co.
Comihon
t
pfd. (quar. 1
—_
&
Shearing
Quarterly-
4%
2-17
45c
(quar/.
3-15
3-15
1-31-
3-1
"
•
^
;—__:
_—
Columbian Carbon Co.
15C
3-31
:
(quar.)
50C
$2.50
/
3-31
2-29
25c
Colorado-Milling & Elevator Co. (quar.)—
Broadcasting System, class A___
50c
—
3-10
.'"!'
(quar.)
Commercial
Insurance—
"
B7%o
Columbia
Class
*
2-27
21VsC
Corp.—
u-.
Colonial Stores, Inc., common4% preferred (quar.)__
$5C
•-
2-27
3-12
Aikman
Power
1-
3- 5
.
Slmres___—
Colorado Central
1 /
35c
(quar.)_—
Trustee
11-
53%c /
^irreg.)_—____^_——
(quax.)_—
Colgate-Palmoliye-Peet Co.-—
5-
12-1
$25c,.
preferred
Collateral
6-1
$25c.._
—
Semiannual
2-13
63c
(quar,)—
5%% convertible preferred (quar.)
_i—
Camden Refrigerating St Terminals Co,—
5%
preferred (s-a)
Co., common
(s-a)
3- 5
15C
(quar.)
Special
Co.
50C
(quar.)
Ink* Co.——
1
25c
com. (quar.)
(quar,)——
California
3-
3- 1
$1.12%
California Electric Power,
California
2-
5%
Corp—
Co.
1
lie
common——^———
Timber
6
3-
15c
Calgary & Edmonton Corp., Ltd. (s-a)——
Camden Forge
^ 3-
3- 5'
■
»
2-
2-23
Service
si-K
,2-14
3-21
4-
Mills
2-18 ;
2-18 !
2-24
3-15
Cottort
3-16/
3-)
"4~
4-15
preferred
3-31
-
500
4-2
3-
$2.50
'
5
2-27!
3-16
3- 1
4-23
40C
California
2-16,
,
3-1,
40ft
,
.
—^
$25c
&
L4
2-20,j
.
93 %C
Land
3-
.
3-1
-,
$$1.75
(InterimI—____
Calaveras
v
.
_
Quarterly
Chicago Yellow Cab Co._l™_________.
Co.,
,1
3-11
#1.12%
1
(A. M.)
-
2f23 ;
3-31
12 %C (
1
Byers
v
.2-12
4-
50c
60C
—
.
i
3-
.
$1.06%
3-
Co.—
4-
$1.25:
—
3-
Manufacturing
2-12
1,
3-3)
35ft'.
conamon/^-'!--—
Cp.,
3-15
(quar.)
3-
3-18,/
preferred ' (quar.).—
r.
3-15
Mfg.
3-1
$1.75
mm M — ■•«•■••• -
Co., Inc. (resumed)Co., common (quar.)—
preferred
(quar.)_—_________
2-13i:
1
2-16 :
Foundry, 5% conv.; pfd. •(quar.Jw!- ^. $1.25 ,,. 3- 1
Central Illinois Light, 4%%
/3-12
pfd. (quar.)__ $1.12%
' 4-1
3- 1.?
Central-Illinois Public Service, common
;
25®
3-20
4%, preferred (cruar.)______________—.•"41-S/-3-3:1"', '•3-4/
50c
Rubber
2
3-
Central
Semi-annual
$1.06%
3-31
3-18
6-17
(quar.)__
common
Cassidy.'s, Ltd., 7% preferred (accum.)
Central Arizona Light & Power Co.
Common (quar.)
___r-^_________!
$140„, preferred . (quar.) ____—
Central Bag & Burlap (quar.)
Central Cold Storage,Co. (quar;)
3-10
2-16
(quar.)——
California-Western States Life
(quar.)
Associated Dry Goods, common
6% 1st preferred (quar.)
-v 50q., ■ i-
i
4- %
3-
7%.
2-16
15.
3- 1
3-15
Mfg. Co.,
Carson
2-15
3
$1.06%
4-1
7-15
Pirie Scott & Co., 4%% pfd. (quar.)
Carter (Wm.) Co. (annual)
Case (J. I.)
Co., common-___——
2-15
./50c
quar.)
4%
preferred, (quar.)
3% %
preferred
(quar.)
2-10
6%c
____
(quar.)
3n
J
50c
5%
2-16
12%c
'
2-27
1'
/50c
(Philip)
4 V«%
2-11
3-
2-27
4-
3-10/
' (quar.)
A
25C
Common
2-17
3-
(initial)
preferred
3-
Burlington Mills .Corp.—•
3-10
25c
Ashland Oil & Refining Co.—
Common
150
2-27 >
1
4-1
4-1
class
Carman.
2-29
150 '
'
Carpenter Paper Co., commoii_-„____—____
2-29
t$1.75
1
4-15
4%' preference (quar.)™
Wirebou'nd Boxes, Ltd.—
■
-
2-25
.
Armstrong Cork Co., common
$3.75 preferred (quar.)
4-
*
4r
1
3-
2-13
3-1
Carey
2-17
4-
$$1.50
3-
3-1
Carpenter Steel Co.—!^™—-™^!-™—__
2-28
1
3-1 1
1
420c
$1.50
2-14
3-
1
4-
410c
Power Co_ Ltd.,
Canadian
1
3-26
4-
m%e
/.
2-20
1
2-27
.$100
__
3-10
Burkart
25c
_
3-
12%C
3-25
$15c
.
_____
Corp. (quar.)__
Arkansas Natural Gas Corp., 6% pfd. (quar.)
Armour & Co., common (quar.)
$6 prior preferred (quar.)
1
Corp,
✓
$5c
Argo Oil Corp. (increased quar.)
Argus Corp. Ltd. com. (quar.)
4%% conv. preference (quar.)
$4 preferred
3-22
25c
'P»rttrfpating
Artloom
7- 3
1
5-1
-
Common
62 %e
B
>
2-29 i
1
'
4-20
class A
2-29
3-15
425q
^Common!—
3-15
3-
40C
:
(quar.)————
common
3-15
4-
-437% d!"
_„
__;™___
4-20
Co.,
preferred
>
2-16^
Canadian Western Natural Gas Light Heat &
3
3-
1
3-15
50C
_—
1
—_
Co., common$3 participating preferred (quar.)
Arkansas-Missouri
4-15
$2.25
2-
3-
4-
12 %C
30c
I
3-16
-.
$60c
Buckeye Pipe Line Co
,'v,
Budd Company, $5 preferred (quar,)
Buffalo Bolt Co.
(quar.)
—
Bullock Fund, Ltd.
(irreg.)
Bunker Hill & Sullivan Mining & Concen¬
trating Co., common (quar.)
—
6-25
12Vic
Ltd
Co._
$37 %C
—
5- 1
7- 3
2-16
2-13
15c
$2 /
Bruck Silk Mills, Ltd. (quar.).
Brunswick-Balke-Collender Co.,
$5
preferred
(quar.)—
4- 1«
75c
1
3-6
Tire Corp., Ltd. (quar.)
Canadian!Western Lumber Co.
5-20
$3.60
2-27
'
$1.25
Arden Farms
4
4-15
1
3-
50c
(quar.)
Canadian
5-20
Brown
2-27
' 3-15
3-
30c
37 %C
•
2-14
$250
";?475&?:■
Canadian Silk Product a/Co.. Ltd.
2-28
—_
»
3-15
I
3-1
$$i.50-;
2-16
(quar.)
Inc.
1
'
1P0C
Pacific Ry:::c6
Canadian
2-28
——_—_
—
Brown
2-10
3-15
2-23
3-15
————
Brown-McLaren
*
„
Anheuser-Busch, Inc.
.
3-1
$1
■;
Anglo-Canadian Telephone Co.—Class A (quar.)
Applied Arts Corp
Archer-Daniels-Midland
2-10
$1.75
___
Post
2-10
75c
convertible
Anchor
2-10
3-1
3-10
3-15
Brockway Motor" Co
—
Brooklyn Bqrough Gas Co.—
4.40%
preferred
(quar,)—
Brooklyn Telegraph & Messenger Co, (quar.)
Brown & Bigelow (initial)
3-19
3-1
3-1
$150.
_____
American Woolen
Co., common (quar.)
preferred (quar.)
7% preferred (quar.)
American Zinc, Lead & Smelting Co.—
45 prior preferred (quar.)
Amoskeag Co., common (s-a)
$4.50 preferred (s-a)
4-1
75c
75c
—__
& Sons
1 Jr
3-
:
4
$60c
Class
3-15
53Vic
__
.
3-10
3-
60o
(quar.)
1
4-
'
3-10
4- 1
J25C
—
$1.20 preferred
Convertible
3- 5
4-15
1
1
4-1
v
25c
?
4-
4-
$1
45C
.
3- X
4-20
$1.75
\
2-14
3-10
'
40c
—
(quar.)_
Extra
$4
4- 2
24C
,
2-14
(quar.)——
British-American Bank Note, Ltd.
(quar.)_
British-American Tobacco Co., Ltd.—
American deposit receipts ord. (interim) __
American deposit receipts, ord. (final)
American dep. receipts ord. reg. (interim)
American deposit receipts ord. reg. (final)
American
deposit receipts
for 5 %
pfd.
registered (s-a) _—
—_—
5% preferred registered (s-a)————
British Columbia Packers, Ltd.—
Co.—
_____
Common B
2-13
1
3- 1
$30c
3%%
.
$2.25
__
1
3-
25c
Bristol-Myers
.3-5
75c
American Tobacco
Extra
4-1
$1.75
(quar.)
3-
5C
15C
15c
2-27
__
3-12
3- 4
Briggs St Stratton Corp.
2-25
(quar.)_
35c
1
Brewing Corp. of America fquar.j———
2-20
3-
50c
(quar.)
American Sugar Refining Co.—
7% preferred (quar.)
American Telephone & Telegraph
4-
$1.18%
Bearing—™—
(E. J.)
Extra
2-27
1
3-25
common.
Co.
$1
$1.05
Co.
Annual
3-30
3-31
$1.75
American Rolling Mill Co.,
American Steel Foundries
3-10
•
Real Estate Trust
33-
.
!455CJ
450C"
r $300'
preferred (qu~ar.I/__^__-__-™----.-i
i25c
Canadian Fail banks-Morse, Ltd.
<quar;)_:__
$18%C,;
Canadian/Food Products,'Xtd.„ com. (qua,r,)
$250'
$1 convertible class" A„ (quar.)
4% % preference ' (quar.)
*_i;"$$1.12%.,
Canadian' Foreign Investment Corp.; Ltd.—
.
/
Quarterly/_;
—
$75c
Canadian Ice Machine Cb., LtcU^ l
Class
A.'(quar;)/™_^;":-™_-___™-'_-iHOd : Canadian Intet. .Investment Trust,
Ltd<^»
$$6.25!"
:5 % t preferred- '(accum.)
$$i: >
Canadian - Locomotive' Co., Ltd. (annual)-!/
2-18
1
—
Roller
1
1
6%
,
2-18
1
—
Brewers & Distillers of Vancouver Ltd.—
Amer. Radiator & Standard Sanitary Corp.—
Common
1
4-
Corp
Brager-Eisenberg,
6-23
3-15
37Vic
.
3- 1
3-10
3-26
3-
__________
Extra.
Brach
3-22
25c
(stock dividend)
dividend
9
"3-
(quar.)-i—
Boyertown Burial Casket Co. (quar.)
—
2-19
2-19
2-18
10c
—
American Meter Co.
4-
30c
Fine
Bowser, Inc.,
-3-31
25o
$1.50
25%
4-1
2-14
'
2-27
97%C
Machinery Co. (quar.)_
American Machine St Foundry, common
3.90%
preferred
(quar.)
American Metal Co., Ltd., common™
6% preferred (quar.);..
,
3-15
1
12 %c
(quar.)
(quar.)
4-
.4-
__^1_™__—y,J2bc
(s-a),
Class B (reduced) J;_^._-^—^_™—_
Canadian Breweries,; Ltd.
(quar.)j.___™™
Canadian Cottons, Ltd., common
(quar.)__
2-24
1
3.
1
4-
"
8C
$1
Bigelow Sanford Carpet, common (quar.) —
81.50
6% preferred (quar.)
—______
$1.25,
Bird & Son, 5 % preferred (quar.)
/ 30c
i
Birmingham Gas Co., common——^
87 %C
$3.50 prior preferred (quar.)
—
20C
Black-Clawson Co.
(quar.)
—__—
Black Hills Power & 4dtht, common (quar,) -: ^^300//'
$1.05
$4.20 preferred
(quar.)—
Bower
2-13
3-13
2-26*
20c
___
3-10
10c
—j.
3- 1
50c
quar.)
(quar.)
Laundry
3-
B
'
(irreg.)
new com. (initial) —
preferred (quar.)
^
—.—
Mfg. Co. (quar.)———-—.—
Boston
!!/'!
'
■
American
2-20
(quar.)-———
Boston & Albany RR.:
3-1
$t
preferred
'
2-20
Borden Co,
2-26*
2-13
2- 5
3 1
4-1
$2
!—i——«:•'
1
1
50C
BlumenthaJ (Sidney) Co. (quar.)————:
Bond Stores, Inc. (quar.)_
2-27
3-12
3-1
3-1
4-.1
10C
Co.
Brewing
Blaw-Knox
2-6
3-13
A
—
Permanent' Mtge. Corp. (Toronto)—
'
Quarteily ;
——••
t$2
Canada Safeway. Ltd.. 4%% pfd. (quar.)__ $$1.12%
115c
Canada Vinegars, Ltd. (quar.
Canada Wire & Cable Co., Ltd.—,
4$1
Class A
(reduced)-™
_______________
2-16
3-
3-
...
.
American
1
25C
25c
Foods, Inc.
7%
'
American General Corp., $2 preferred (quar.)
American
3-
.
41 %C
.
Bethlehem Steel Corp.,
3-31
common)
-is——,* .
,
(quar.)———
—
$1.18%
Electric,
preferred
City
4%%
1-26
2-33
4
2-18
2-18
2-18
2-28
(quar.)———25c
dividend)
(cash
Stock dlvidend(2/100ths share of Atlantic
2-13
Spinning Associates, Inc.-rCommon (quar.)
$5 convertible preferred (quar.)_„____—
Electric—
American Gas St
1
Oil
Berkshire
Best
3- 1
of
preferred (quar.)
Packing (quar.)_
Berhoff
3- 1
3-4
3- 4
3-16
3-11
3-11
3- 1
30c
$1.50
$1.75
12 %0
30c
$1.12%
>
American
3-
250
20c
Belding-Corticeili, Ltd., common
(quar.) —
7%
preferred (quar.)
—
Belknap Hardware & Mfg. —.—
—
Bell it Gossett Co. (quar.)
Bell & Howell Co., common (quar.)
4%% preferred (quar.)
———Belieterre Quebec Mines, Ltd. (s-a)_——
Bendix Aviation (quar.)
—
3-5
3- 5
3- 1
(quar;)————,—$1.50
American Coach & Body Co
——_____
25c
American Colortype Co. (quar.)__
30c
American Cyanamid Co., common (quar.)—
25c
3%% conv. preferred A (quar.)
? • 87Vic
American Druggists Fire Insurance. (Cine.)—
Annual
$2.50
Extra
6%
2-13
Mfg., common (Irreg.
(quar.)
——■_
Co. (increased quar.)_
.—
A
Belden Mfg.
American
Cigarette St Cigar Co.—
Common (quar.) ———_____—
Co.
Co.
Beech-Nut
3-18*
4- 1
3-15
3-15
3-15
$1.75
35c
$1.25
7% preferred (quar.)—
(quar.)—
(quar.)
(quar.).
3- 1
—
Bathurst Power & Paper, Ltd., ci.
v
American Can Co.,
preferred
25c
Bayuk Cigars, Inc
—-——
Beatty Brothers, Ltd. (increased quar.)
Beau Brummell Ties, Inc. (quar.)—_.
Beaunit Mills, Inc. (quar.)
Beck (A. S.) Shoe Corp.—
2-21
4-1
75c
„—
American Chain & Cable, common
5%
2-13
&"Seellg
Barlow
Amalgamated Leather Cos., Inc.—
American Chicle Co.
1
r i2%c
Barber-Ellis
Barnsdall
$25c
3% % convertible preferred (quar.)——,
American. Arch Co. (irreg.)—
American Automobile Insurance Co, (Incrd.)
'
(W. H.)
Barber
•
—
_
3-
—_
(quar.)
(quar.)———
Canada, Ltd. (quar.)
(quar.)
Canada
25C
Y.)
(N.
A
Class
2-21
(quar.)
Banco De Los Andes, American shares—
Bangor Hydroelectric Co., common fquar.)_
7% preferred (quar.)
4% preferred
(quar.)
—
3-15
2-16
3- 1
3-
2-21
preferred
6%
2-27 /
2-19
Works, 7% pfd. (s-a) —
Show, Inc., com. (quar.)_.
Radio
>
.
2-14
1
-j.
common
'
2-10 *
•
,
3-15
3-15
Babcock A Wilcox Co
1-30
3-1
3-1
Corp.,
D,
2-20
3-1
3-15
3-15
Baldwin Locomotive
3-15
V.
3-20
$37%c
tlOc
4Vi%
2-28
Canada
$1.12%
prior preferred (quar.)
Babbitt (B. T.), Inc. (quar.)—
B.
3-20 i
*
.
Canada
2-26
250
(quar.)_—
Corp,
Collieries
Ayshlre
2-20
1
Malting Co., Ltd. (quar.)
$50c
Packers, Ltd.—
*
$1.50 participating class A (s-a) —475c.
3-16
3-10
112%C
Products, Inc., common—.____
preferred (quar.)-.—
Mills, common
2-20
3- 1
3- 1
3-1
•
,
l
3-10
Wyant & Cannon Foundry__i,^___
Foundries & Forgings, Ltd.—
Class
3 31
50C
56V*C
:——
3-30
3- 1
4- 1
15c
40c
Canada
$5C
__
3-31
35c
Mfg.
0% convertible preferred, (quar.)
American Airlines, Inc.—
2-20
2-27
(interim)
com.
3-15
3-15
3-15
25c
$1
,
2-20
3-15
3-12
$12c
—
Allis-Cnalmers
3-15
3-20
(quar.)
Ltd.,
34-
15c
343*0 .
50c.
Canada Cement Co., Ltd., $1.30 preu> (quar.)
$32%a
Canada. & Dominion Sugar,. Ltd._-____-__;—120c
2-13
3-12
$1
Allied
4%
preferred (quar.)
—
Mfg. Oo. <quar.)
Agnew-Surpass Shoe Stores, Ltd. (quar.)-—
Allied Laboratories, Inc. (quar.).—,
Allied Stores Corp., 4% pfd. (quar.)
All is (Louis) Co. (quar.)
—~r~—
Campbell
Avondaie
Co., common--
Aetna Ball & Roller Bearing
Service,
"(quar.)
A
4- 1
'4-1
Ltd.—
(quar.)——.
preferential partic
preferred (quar.)*—
Class
—
2-20
series A conv. preferred
$37%c
$62 %c
(quar.)——
$2.50 prior preferred (quar.)__
Acadia-Atlantic Sugar Refineries,
2-20
1
40c
(quar.) ______
5% series B conv. preferred (quar.)
—
5% conv. preferred series C (quar.)__—_
Automatic Canteen Co. of America (quar.)_
Automotive Gear Works, common (quar.)—
$1.65
convertible preferred (quar.)——
Payable of Rec.
Share
of Company
1
3-
Autocar Company-—
Holder,
when
3-
37 %C
'.rr;'UO*
Wh+n
Holders
Payable of Rec.-)
;
Share
-
30o
81.50
—_____——*
Mines, Ltd.
Electric
Auto
5%
pef
Name
Gold
Aunor
give the dividends announced, in previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being given in the
Below we
v
$1.12%
—
Co
,
Camden Forge Co.; common -<quar.)__—:—_
5%% convertible preferred (quar.)___—^
RR. Co, (quar.)_—.—
Refining Co. (quar.)
—*—.
Atlas Corp.
(quar.)—
—
Anas
Imperial Diesel Engine Co.—
Series A preferred
(quar.)
——
Powder
-
1-30
Atlantic
8
Name of Company
3-1
Atlantic Coast Line
Atlas
preceding table.
F
s
w
preferred (quar.)
4%%
3-15
3-30
56 %C
4%% preferred (quar.)—
Young Davidson Mines, Ltd. (resumed) _
Zonite Products Corp. (irreg.) _
—
Corp.,
P*r
Holders
Payable of Rec.
Share
of Company
Atchison Topeka it Santa Fe Ry. com
Atlanta Gas Light Co., common (quar.).;—,
2-20
1
50C
Woodley Petroleum Co. (quar.)——
Woodward St Lothrop, common <quar.)_
York
3-
31 %c
When■
Per
Name
Payable of Recr
Share
of Company
Holders
When
Per
Name
'JV
Monday, March 1,1948
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
(982)
46
'
\
- < %J%
6c
30c
;
$1
-
1
2
.
*
.
Volume
Number 4677
167
THE COMMERCIAL
&
FINANCIAL
CHRONICLE
(983)
47
■
•
•
>,
■
«
■
St>
preferred
SEC
$5
-
Conde
Light
Power
6 ''/c
preferred
3-
3-
1
3-15
3-
1
75c
56'Ac
$1.50
4-
1
3-
5
3-
1
Co.,
2-16
3-
1
2-16
luc
4-
1
3-20
(quar.)l—
Co.
-___
7%
preferred
Consolidated
Common
Consolidated
5 7#
preferred
Class
A
Corp.
Consumers
Co.,
Consumers
Power
$4.50
preferred
Oil
(quar.)—
Continental
Cook
Steel
3-
1
1
3-15
3-
4-
1
3-
1
2-20
3-31
3-15
Coppenveld Steel Co., common (increased)30c
5'A convertible preferred
(quar.)—_a_—
62'Ac
Cornell Dubilier Electric,
common—ii'
20c
$5.25 series A pre "urred (quar.)
A $1.31'A
Coronet
Phosphate
Co,-—,—__A-.;?--. $1.50
Corrugated Paper Box, LtiL, com. (quar.)__
$25c
5 7#
preferred
iquar.)
——_____L
t$1.25
1
3-10
3-
3-10
2-27,
4-15
4%
1
3-22
1
i>referred
(quar.)_'
•
(accum.)
6%
prior. preferred
Crown
$4 2nd
preferred
prucible Steel Co.,
& Forstcr,
Cuban
1
L
1 quar.i
Cuban Atlantic Sugar Co., com.
Fair
Fairbanks
3-31
3-17
$2
3-31
3-15
Cash
(s-a)r___
Industries, Inc.—
1
6-18
9-30
9-17
7-
4-
1
4-
1
1
6-18
preferred A (quar.)—
Publishing Co.,' $4 prior preierred
Sorts, Inc., 1% pfd. (quar.)——
Cutler-Hammer, Inc. (quar.)——__________
50c
4-
1
11-15
11-
5
Federal
5
Federal
Mogul
Water
&
Extra
Life
1
Great
American
Great
Eastern
1
3-
1
2-16
10c
3-
United
2-20
Great
4-26
3-31
Great
6-30
N.
6
3-
1
2-13
Grinnel
6-
1
5-14
Gruen
8-13
11-15
80c
4-
1
15c
3-
3-
3-
Fund,
Stream
&
Finance
1
C.ass
Co.
A
of
Dyeing
&
(quar.)
America
(quar.)
3-31
5-
1
1
1
$$1
8-16
$$5
1
3-15.
2-20
1
2-16
3-
1
2-13
50c
3-
1
2-20
40C
4-
2
40c
4-
2
3-10
$1.75
4-
2
3-10
(quar.)
—___
30c
3-10
3-15
2-27
t;
$1
3-10
20c
3-25
3-15
3-
3-
Metallic
Door
Co.
(irreg.)
Davis
Coal
Davis
Leather,
Class
&
B
Davison
Inc.———
33A%
2-20
4-23
3-15
$6
$1.50
3-15
33-
3-
5
A
$37'Ac
3-
1
*2-
1
———-——$.17%c
3-
1
2-
I
Corp.
S2
1
-—
Ltd.,. class
(quar.)——
A
(quar.)——
.
Deere k Co., common
1-30
3-
1
1
2-17
77«
preferred
' 25c
3-
1
35c
—
3-
1
(quar.i———'—2—-^—:1'
:
Deerfield
Packing Corp.(i 4'A 7# pfd. (quar.)
$1.12'A
Delaware;- Floor Products, Inc.' (quar.)' A 15c
Delaware Fund, Inc.
(quar.)-——•_iA_-i__A-:;• Ar 25c
'
2-10
3-15
Delaware is Hudson
Dentist
Co.
Supply Co2 (N.
-Denver Union Stock
De
:
Walt^ Inc;
Y.)_
Yard
M.)
2-19
7'AC
3-15
3-
1
3-15
3-
1
36-
1
5-
9-
1
7.-31
75c
3-
1
2-13
3-
1
2-13
25c
3-
1
20c
3-10
$7c
3-
1
2-10
—
25c
4-30
4-20
—____
$12'Ac
4-
1
3-15
$22 'Ac
3-
(quar.)
Co.
Lamp
Ltd.
(irreg.).
(quar.)
1
Co.,
(interim)
Ltd. (quar.)
Watch
Co.,
common
Ltd.
convertible
preferred
preferred
Common
—
COfiCquar.)——
Brass
Corp.
Harvester-. Co.y (quar.-) _>
(increased)
B
3-10
2-25
4-
1
3-10
4-
1
3-10'
37'Ac
W57#
■t'>
1
5%
•
> :-W
'
A 50c
non-cum.
(quar.)iA.^——_
> 50c
(quar.) —A—
50c
Alkali
11-15
;•
_
8-16
37V2C
3-
50c
333-
6%, participating preferred (s-a) ^^—-—4. •75c
Diana Stores
Corp.
(quar.) —w—. I2V2C
9-
Extra
.'^-4.
1
—-——
4%
Houses.
Doernbecher
Inc.
r
Dominion-Scottish
preference
Dominion
1%
2-18
1
tS1.25
3-
1
5%
1
5'/2 7#
(quar.).!,
—
Paper Co., Xtd.,
common
Mudge,
Brothers.
Ltd.,
Ltd.
1
3-I8
3-15
4-
1
3-
5-14
3-10
quar.)
$25c
$25c
4-
1
$25c
3-
1
Douglas (W. L.) Shoe—
''$1 convertible prior preference
.(s-a)__—
50c
3-
u-A——
25c
57#
4%
"
Chemical
Co.,
$4
preferred
A
common
1%
2-14
Cement
Steel
4-
1
3-
1
Honolulu
4-
1
3-
1
Hookar
4-
1
3-
1
3-10
3-
1
75c
Holt
2-14
Home
3-10
Homestake
4-
1
3-22
3-10
2-28
3-
1
2-14
4-
1
3-19
5
15c
3-16
31'AC
3-31
3-15
25c
3-15
3-
5
3-15
2-13
$1.75
3-
1
2-13
20c
3-
2
2-20
25c
Co.,
C
25c
5-10
$1
(irreg.)
5-25
5-10
75c
X
3-10
2-23
1
3-20
$1.75
preferred
5-25
4-
$1.25
4-
1
3-20
843/aC
3-
1
2-10*
(quar.)__
1
(quar.)_
—
—
preferred (quar.)—
-Dow Drug Co..' common (quar.)
A
7% preferred (quar.)
Dravo Corp., 4^ preferred (quar.)——___
81'Ac
4-15
4~
———
——
Industries,
preferred
Inc.,
com.
(resumed)
(quar.)____
Co.
-
2-i9
I
Inc.,
3%%
preferred
(quar.)
25c
Gencral Outdoor Advertising, common
'
General Motors Corp., common (quar.)
$5 preferred (quar.)
$3.75 preferred (quar.)
15c
3-1
75c
4-
1
3-I9
50c
4-
1
3-22
37'/2C
•■4-
1
3-15
1
93%C
.'3-15
3-1
N
7oc
3-12
3-1
Mills,
General
General
Railway
■
«6%
preferred
Signal,
(quar.)
common
(quar.)__
.2-18
3-10
2-13
$1.25
5-
1
4-
5
933Ac
5-
I
4-
Co.
Hudson
common
.
3-22
4-
1
3-
1
2-13
3-15
2-25
25C
3-
•
,
1
2-18
2-1$
87'AC
,3-1
$1
(irreg.)
3-10
3-
31c
3-
1
2-20
25c
3-26
2-16
25c
1
4-30
4-20
25c
3-
1
2-20
50c
3-
1
2-20
$25c
4-
1
2-28
'3-
1
2-14
;—
20c
3-
1
2-11
(quar.)——
25c
3-
1
2-20
3-10
1-30
50c
3-19
3-
$1
3-15
2-20
$1.06'A
3-26
3-
2
20c
3-20
3-
8
$1.12'A
3-30
3-20
30c
*
—
(N. Y.), 5% pfd.
(irreg.)
—s
(quar.)
Power
$1.25
3-
1
2-
9
3-25
3-10
3-10
3-
1
3-10
2-20
37'Ac
3-
1
2-13
$1.06'A
3-
50c
(quar.)
common
30c
25c
—
(irreg.)__
&
9
Co.—
(quar.)
*
Co.
Car
preferred
preference
2-13
3-10
1-30
50c
3-15
3-
3-
8
2-
6
5
5
10c
3-
1
2-
31'Ac
3-
1
2-20
A
Erie Mtge. Corp.
3-31
3-19
3-31
3-19
25c
(quar.)
30e
$1.50
(quar.)
series
1
25c
(quar.)
(irreg.)—
Motor
&
1
25c,
—
(quar.)
Foods, Inc., common
5%
preferred (quar.)
Huron
3-12*
3-
30c
—
Hunt
5%
1
25c
;
(quar.)—
Hudson Pulp & Paper Corp. 5 7# pfd. A (quar.)
Humphreys Mfg. Co., common (increased) __
6%
A-
2-13
(quar.)
Bay Mining & Smelting Co., Ltd.—
Hudson
30c
$$1
preferred
Sound
2-20
2-25
(quar.)__.
Co.
Lighting
Howe
1
3-15
Corp.
Howard Stores Corp.,
Oil
5
3-22
3-
25c
Co.
Mining
Statler
4'A 7#
2-16
3-
1
50c
Co._
Howe
1
4-
!
Corp.
& Co. class A
Mfg.
Houston
3-
3-15
$1
2-29
2-16
2-16
12'AC
(Ontario)
(quar.)
3-
1
12'Ac
(quar.)
3-
1
2-16
$$1.25
4-
1
3-15
37'AC
3-
1
2-20
3-31
2-17
5
75C
-
Precision Equipment—
3-12
15c
3-13
(quar.)
Horn & Hardart Co.
Hotels
2-16
1
3-15
Co., common (quar.)
Dreferred (quar.)_
Hoskins
2-28
3-
25c
Corp.______
preferred
$4.25
4'A7#
1
3-31 ;
75c
Co, (irreg.)——
Products
Electrochemical
Hoover
6
25c
E.)
Oil
3-
50c
a
Increased
(s-a)
com.
Oil
4-
3-15
—_
:
(Henry)
1
3-
!.
preferred
General
1
$2
(quar.)
4-
3-
2-13
3-15
1
——
Co. (quar.)
Manufacturing Co.
(quar.)
Hobart
A,
Corp.—
General Industries, 5%
1
75c
(quar.)
$8 preferred (quar.)
Builders Supply, common (initial).
Fireproofing
3-
3-20
40c
Corp.
Quarterly
Hires (Chas.
4-
$ 20c
(quar.)
—
3-
37'Ac
2-14
1
4-20
25c
Spencer, Bartlett k Co. (monthly)Monthly
s
;
Hilton Hotels Corp., common (quar.)
4%
convertible preference
(quar.)
Hinde & Dauch Paper Co. of Canada, Ltd—
t$l
$$1.38
Co.
preferred! B
5%
$30c
(quar.)
1
3-
(quar.)
Hibbard
—
•
3-
37'Ac
preferred B (quar.)
Hewitt-Robins, Inc. "(quar.)
Heyden Chemical Corp., common
a
3 'A % preferred
(quar.)
(quar.)___
2-18
1
2-13
50c
convertible
67#
3-15
(quar.):—
Glass
Hercules
t$1.25
preferred
Bakeries
Hercules
"«
10c
(irreg.)
preferred
;
3-15
(quar.) _________—
Container (quar.)
;___
Mfg Co., class A (quar.)
convertible
6-15
3-31
1
1
—_____
—
3-
4-15
—
2nd
Driver-Harris
4%
Finance
'
4-15
3-
$1.50
(quar.)
Corp.
Mining Co
Heileman (G.)
Brewing
14c
preferred
B
1
3-15
3-19
10c
Hecla
25c
(quar.)——
Co., Ltd., com.
2-i6
1
'
Dresser
7-
1
3-19
1
(quar.)
com.
3-19
1
$1.06'A
(quar.)_.
Hazeltine
___________
(irreg.)
Co.
Heywood-Wakefield Co.,
4-
2-13
2-13
1
87'Ac
(quar.)__
__—
Dow
$3.25
1
1
1
4-
4-
—
\ Hazel-Atlas
(quar.)—.—
common
preferred A (s-a)__
General
2-15
4-15
$1
-
*
'
3-15
Chemical
Hathaway
2-26
Baking,
General
4-15
1
(quar.)_i——_—L—
(quar.)
com.
•
1
4-
.
3-
1
$3
"
3-10
convertible preferred (quar.)—
General Candy Corp. (quar.)
General Cigar Co., common
7% preferred (quar.)
General Dry Batteries (irreg.)
3-18
4-15
$50c
$$1.12'/2
(quar.)_
(initial
.
3-15
4-
3-
3-
4-
Co., $2 preferred (quar.)
(irreg.)
$4 prior preferred (quar.)
non-cum. preferred (quar.)_—
2-16
5%
2-16
1
4-
;tl5c
2-20
preferred
Common
1
Power
American
General
2-10
4-
$$1.75
(s-a)_
1
3-15
J15c
_
Corp.
General
'
v
.
•
--
Co.,
General
,
A
convertible preferred
&
Class
2-14
J371Ac
37'Ac
$12.50,
_____—________——_—
preferred
Gaylord
2-14
3-
(quar.)—
37'/a C
(quar.)—
Investors
Ltd.,
Co.,
Gemmer
Cartons
(Western), (quar.)—$87'/2C
convertible class A
Donohue
Gair
Gatineau
2-28
com.
Co.
Garrett
3-
(quar.).—:.———2
Donnacona
4J/2.%
2 Gabriel
3-10
3-10
Ltd.,
preferred
Donnell
,
2-24
15c
i
3-1
2-13
35c
—
Battery Co
20c
Co.
Trailer
Fundamental
r
2-20
5
3-15
15c
Stores. Ltd.
Extra
$2,75
Frontier Power Co
;
,
3-
3-24
,
2-27
3-
1
2-16
3-15
—
Textile Co.,
Dominion
"v
3-15
3-31
4-
3-i:
3-
>'
J50c
75c
25c
62'Ac
2-15
;
37'Ac
1
Freeport Sulphur
1
——_:
1
8-10
3-
Investments, Ltd.—
3-
1
12'Ac
(accum.)
1
3-15
.'_
Hartman Tobacco,
1
3-
3-
&
preferred
3-
3-15
56'AC
'
-—
Envelope
Ltd.,
2-11
Franklin Simon, 4'/z7# preferred (quar.)
1
Mfg. Co
(reduced)
1
(M. A.) Co., $4.25 pfd.
Co., 7 7#
;
Hart-Carter
1
3-15
(quar.)_
A
■"
prior preferred (quar.)
Four-Twelve West Sixth Co. (irreg.)
2
&
Dominion
$1
'
o.
4-
Anglo Investment Corp., Ltd.—
preferred (quar.)_—
class
prior preferred (quar.)—
"
>
———i—
(quar.)
3-
2-13
1
$1.25
—__
(James)
Hart
2-25
10c
::
—i
(quar.)__
Refractories,
preferred (quar.)—
Harding Carpets, Ltd.__
2-27
2- e
t
75c
9
Foster-Wheeler Corp.—
62'/2c
Co.
Pepper
.'Doininion
'57#
'
2-20 1"' Fruehauf
tl5c
3-
3-
25c
2-20
2 2
3-15
37'Ac
2
-
3-10
62'Ac
___
B
6%
2-20
Paper____l_______
2
;
1
81'Ac
(quar.)
(s-a)
Corrugated
Wayne
3-
Dobbs
2
"
3-
common...—
Production (see Walt Disney)
Disston (Henry)
& Sons (quar.)—„Distillers
Corp.-Seagrams
(quar.)———_
"Dixie Cup Co., class A (quar.)
5%
-
3-
$1.12'A"
pfd. (quar.)
common
Inc., $3
preferred
25c
Corp.,
Disney (Walt)
Dr.
Wallace,
<fc
preferred" (quar.)$1
Dictaphone
,1
———
Inc.,
Stores,
20c
1
35c
common___
preferred
Harshaw
2-19
3-10
3-
3-
50c
Knitting,
Harbison-Walker
2-20
Foster & Kleiser Co., class A pfd. (quar.)__
..
g
1
67#' participating preferred
-
-
5
1
50c
«" ?
11
1
75c
—————-^2-1—
(s-al_A2—_—A
<■Extra
Fair
1
50c
Co._____A—_______________
Fort Pitt Bridge Works <quar.i_
......'
Fort
R
1
(quar.)—•_
Stove
3-
$1
••*
class B_
Co., common (quar.)—
preferred
(quar.)_
Forbes
-!
t
,R
2-19
20c
—
3-10
Diamond Match Co., common
-
?
5-15
1
50c
participating
.21,--'""J'A, Fort Wayne k Jackson. RR. Co.—
Co,, (quar.) ——4—50c
; non-cum.
Diamond
*
o_
3-
_________
preferred
(quar.)__——
Machinery Corp.—, *.L
3>k % convertible preferred (quar.)
New common (initial)______—_„2_
"3-10
3-12
(quar.)
*$2.50
2-25
■13-31
-12 V2c
;
—
(quar.) i.——.L—
preferred
preferred
preferred
non-cum.
>
3-10
>12V2C
—
25C
v
50c
(quar.)
(quar.)—
(P. H.)
Hanna
6*
2-16
;
2-24
25c
Hanley
6*
2-
1
1-31
2-24
3-15
25c
—
class A
57#
Food
^"2-14
1
40c
(quar.)
?iA—J—
Detroit-Michigan Stove Co.—
v
A3-
i-itiOc
-
2-
1
'
2-27 !
72-13
A3- 1
»-A: 25c
.
non-cumulative
5%
W, Food
1
3-
1
3-15
25c
Ltd.—
Stores,
Florida Power & "Light Co., 4'/2 7#
3-1
'
3-20
3-
3-
30c
1
$1.12'A
Extra
Class
2-16
3-
$1.06'A
(quai*.)_'
Hancock Oil Co. of California,
Hanes
1
$1
(quar.)
Instrument Co., common
(quar.)
Hammermill Paper, 4JA7# pfd. (quar.)
4'/2 %
1-31
25c
2-14
25c
—
1
$25c
Cotton
2-20
3-
3-18
15c
Stores
Mines,
Class
1
3-10
$1.25
—
Florence
7. 2-21-
1
'3-15
Si
;
(quar.)_—______________
Detroit Aluminum &
Detroit
(quar,f______A—— /
:3-
______
Carpet
—-$4
!
•3-
40c
3-20
2-19
3-15
5
$1.12'A
(quar.)
Flintkote
•
2-10;".
3-15
•
pfd.
(s-a)
57# .participating class A
■A
•
/'•
Corp.
(irreg.)
Inc.
4'A7#
5%
Fitzsimmons
2
2-17
3-
Fund,
Rubber,
Fishman
3-10
1
&
Stock
Co., common (quar.)
preferred (quar.)
(M. H.)
Co.
(quar.)
Fitz Simons & Connell Dredge & Dock Co.__
a
3-
'
45c
933Ac
Tire
Bank
Firth
2-13
3-31
25c
(quar.i..—933Ac
preferred B
First
1
1
$1.10
—
Hammond
,
2-29
.
44-
25c
L
(quar.)
(quar.)
Bridge,
5
3-15
1 'Ac
1
3-15
$1.25
(quar.)
(quar.)
(C.
5
$3
Corp.
4 7#
5
$3
(quar.)___
common
Industrial
Firestone
8
4-
B
Financial
2-20
1
10c
Dayton Power k Light, common.———_v\
3%% preferred A (quar.)——
______
?
1
3-
—
Coke_;
(quar.i—
Chemical
3-
20c
—
Class
2-16
20c
Davenport Besler Corp., common A (s-a)—
Common B (s-a)—A————_
Davidson, Brothers,
1
9
2-27
•
Dahlstrom
3-
3-20
Hamilton
3-12
20c
Co..r____
_________
3-19
4-
Hamilton
2-27
i^«ac
•
3-10
35c
Hamilton
2-16
___
2-21
1-31
—
Monthly
8-12
3-
5
1
$2 5c
Brothers
Hallnor
2-16
(s-a)_
33-
10c
quar.
Hall
7-15
3-
1
$1
Co._
(quar.)
Hale
4-15
8-
3-
25c
Hajoca
2-20
31'/4c
2-25
$25c
3-12
3-10
6
3-15
4-15
Gypsum Lime & Alabastine of Canada, Ltd.—
3-18
1
2-
10c
2-16
4-
1
$25c
Quarterly
1
3-
2-16
$5 preferred (quar.)___
preferred (quar.)
Sugar,
Increased
3-
(quar.)
common
'2-16
7
Baltimore—
at
A
2-14
2-
_____________—
Publishing
2-16
3-15
35c
(quar.)
Products, Inc., common
Class
•2-27
40c
Inc.
3-15
25c
Co.
preferred
1
1
(quar.)
1«_s.
2-16
3-15
40c
com.
Utilities, common
3-12
3-
I83Ac
(accum.)
3-15
(quar.)__
Co..
Co;.
Gum
(Syracuse)—
pfd.
Sugar
States
4
37'Ac
(quar.)__
$1.25
$12'Ac
(irreg.):
Power
$4.40
2-14
1
2-16
3-
3-
Gulf
3-10
3-15
50c
2-16
3-15
Corp.
Watch
Guantanamo
2-28
3-10
8
1
$1
(N. Y.)
(quar.)
(White Plains,
Gulf
—
3-
Insurance
Special
—_—
"1%
preferred (quar.)
Greenfield Tap & Die (quar.)_,
$1.25
tax
3-10
3-31
lc
Indemnity
Fire
Western
1
1
1
Co
Northern Paper Co.
3-
I
3-10
4-
62'Ac
$12'Ac
(s-a)
Great Lakes Paper Co.
12-31
9-
2-19
1
Y.)
$1.25
Corp
Cleaning
Fidelity
Field
1
3-
3-12
15c
5
3-
3-12
3-15
12-
2-19
1
4-
Ltd., 4 7# pfd.
Inc. (quar.)
Mines
2-19
2-
1
3-
W.) Co.\
Co., Ltd., class A (quar.)
Co., common (quar.)
Trunk Warehouse Cold Storage
2-13
75C
3-
12'Ac
&
I
__
$2.50
37'Ac
(resumed)
pfd.
(quar.)
1
1
2-19
2-19
Stores
Grand
3-
1
1
(H.
Uraiton
3-15
33-
(quar.)
(s-a)
Special
2-17
$1.50
Inc.
Ins.
Grain, Ltd., 6'/a 7#
Fenton
2-14
4-
f
$2.50
$12'Ac
B
Gossard
1
$2.50
6 7#
Co.,
State Co.,
3-
(quar.)
Gas
C.)
3-
Corp
Federal
*
3-
3-
2
50c
5-
.
3-
50c
Electric Co., $1.25 conv. pfd.
Federal Fire Insurance Co. of Canada
3-22
$1.75
30c
Traders
5*
Bros., Inc., common
preferred
(quar.)
Class
3-15
50c
5-15
I2V2C
75c
Cushman's
&
3-
(s-a)
preferred
(H!
$1.25
r,
Federal
3-31
:
■
convertible
2-11*
'3-17
10c
-——
Curtis
1
3-17
7-
.
10c
*
3-
$2.50
Quarterly
Farquhar (A. B.) Co.
Fashion Park, Inc.—
———
,
dividend
(H.)
50c
<
(s-a)
2-24
(quar.I
Candy Shops,
Farmers
3-18
50c
Curtis
Farmer
3-18
1
$1.25
107#
*
Fanny
?
1
$1.25
dividend
1
,..-25c
$1.75
$1.75
:
5%
Cash
3-
$1
Chicago-
4-
(quar.i—
(quar.)
3-19
,
4-
;—————
preferred
2-18
1
Fajardo Sugar Co. of Porto Rico
preferred
iquar.)——A—A—
Culver Corp
(stock dividend)
5 7#
2-18
1
65c
2-14;
50c
1
4-
37'Ac
___^
2-13
$1.75
.56'Ac
Goodall-Sanford,
Goodyear Tire & Rubber Co., com. (quar.)__
$5 preferred
(quar.)
Gordon Maokay Stores, Ltd., class A (quar.)
50c
(accum.)
(quar.)__
2-13
.
(quar.)—____
preferred
3-15
28c "
Pennsylvania
$1.25
(irreg.)—
5*
3-10
$1.25
1
iquar.—_
common
3-
1
1
(quar.)_
Co.
1
-1
3-30
1
<quar.i___
(quar.)
1
&
3-
4
Goldblatt
Grandview
gtd.
1
Morse
3-20
35c
30c
4-
3-
(quar.)__
3-
(The)
3-
60c
—
$1
(quar.)
Corp.
3-20
—__
—
(quar.)
(quar.)__—
$1.25'
7'/2c
Gregg
(quar.)
common
$2.50
$1
&
2-28
Rutgers Fire Insurance—
preferred (s-a)
Godman
25c
3-
(quar.)-A
preferred
Corp.
Buffet
Coe
5
3-11
2nd
Grand
3-
(quar.)
7preferred
-Exchange
1
3-
25c
Golden
3-
(quar.)____
30c
(quar.)_
(quar.)—-.—_
prelerred
Sugar,
preferred
77#
•'
8%
American
7%
pfd.
5%
Ex-Cell-O
2-20*
4-
_____
2-23
25c
$1
$1.05
__
prelerred
3-10*
3-16
1
3-15
Co.________
convertible
&
2-16
5-
$1.25
25c
pref
3-16
4-
(quar.)__
1
(quar.)
5-26
1
3-30
3-15
5
$1.25
_________
(quar.)
of
$5
5-30
3-
15c
(s-a)___,
(quar.)
1.
Co.,
4'/a %
Globe
25c
50c
(s-ai
Insurance
Co.
3-22
60c
'V
Pittsburgh RR., 1%
Faber
(quar.)
$4.20
(Drum
(quar.)
Zellerbach,
50c
pld. A
preferred A
deduction
3-15
junior
.A—A-
preferred
preferred
A
3-30
40c
(quar.)
3-15
4-
$40c
preferred
preferred A
&
2-25
$1.12 »/a
$5
1-25-49
After
,
' c
.
,
3-10
2-16
$1
Erie
preferred
Marine
Razor,
$1
5%
1
3-15
21'Ac
3-
$1.06'A
pfd.
5%
2-16
1
2-27
(quar.)__^
5%
4-
3-10
7-26
Erie Railroad Co.r 57#
2-10
3-15
$1.25
3-15
$1
2-12
6-15
1
prior preferred
(quar.)
1
3-15
1
4-
$4
$1.02'A
(irreg.)
preferred
1
1
7-
57#
convertible
3-
4-
15c
$1.50
2-27
(quar.)
conv.
6-15
3-20
2,
3-
3-
"
—
2-28
convertible preferred
$3
1
1
(quar.)
Equity Corp.,
3-
>
—
Co.—
Mfg.
3-12
$1.12'A
Mfg.
2-12 '
7-
15c
(quar.)
convertible
3-15
3-10
4-
4%
..
4%
3-15
-
2-16
4%
28'/aC
Corp.—
3-15
25c
Derrick «Se Equipment—
Common (resumed)
-
Co,
&
Harvester
Glidden
100 7#
guaranteed
2-20
1
15c
Extra
3-13
Emsco
!
v
International
3-13
37'Ac
(quar.)
1
1
1
3-31
$1.06'A
dividend
Common
933/4C
-
(quar.)__—
Gleaner
4-
Fire
Safety
3-31
$25c
(quar.).j:
&
3-19
%
5
(quar.)_
Empire District Electric. 57#
Cribben k Sexton Co.—
preferred
preferred
preferred
Controller
3-
17'Ac
__.
3-
__
common
Co.,
3-31
__
(quar.)
Machine
4-1
Empire & Bay State Telegraph—
3-
—-
Gisholt
(quar.)___
Emerson Drug Co., 87/ preferred
Emerson Radio & Phonograph-—
3-10
—
5
(quar.)_
3-
2-19
iquar.)
Gas
1
4-
15C
Refrigerator
25c
(quar.)
Natural
Stock
3-
35c
com.
3-15
2-16
A
preferred
3-
15c
Corp.
(quar.i
(Texas),
25c
3-19
Girdler
A___
Electrographic Corp. (quar.)__.
Ely & Walker Dry Goods_____
3-19
2-14
(S. A.)
2-17
3- 1
.
2 'A 7#
-
(quar.)
3-15
Co.
Co.
$1.50
(stock dividend)
A
40c
3-1
3-31
Overall
Electric
Corp.
25c
3-29
—
1
(quar.)
75c
tquar.1
3-
(interim)
Electric
41-31
preferred
Corp.
2-13
___
Gillette
(quar.)__2__
class
2-25*
75c
(quar.)
1
$1.50
common
A.), Inc.,
class
B
3-15*
•2-19
$2
Stores,
1
>'
3-
A
(quar.)
1
___
1
$15c
class
3-
1
Gibson
4-
25c
preferred
4 747#
1
;
Corp.,
3-15
3-10
Class
(quar.)
participating preferred
4.10 7#
Gibraltar
3-
(quar,)_
4-
25c
Gerrard
7-15
1
<quar.i_
(Thomas
Paso
4-15
2
:
Brothers
Paso
1
8-
(accum.)
common
Machine
B
$4.50
El
3-1
Crown
preferred
Washing
A
40c
25c
Cork
Co.,
Elgin National Watcli
El
3-10
Crown
Kodak
5-
4-
$1.1428
pfd.
$7
Holders
(quar.)
(quar.)
$1.50
(accum.)
Corp.,
B
$1.25
$1.50
(quar)
B
States
Non-voting
2-16
33A'i
1
Electrolux
2-16
convertible
9-
4'/i7#
1
1
Co.,
9-15
Edison
3-12
1
!
4>A7#.
$1.50
67#
5c
Crane
(quar.)
Class
-
2-18
3-
Corp.
A
Eastman
2-19
3-
30c
(quar.)__—
common
Extra
Cory
preferred
2-16
Co., Ltd. (initial quar.)—$15c
Refrigeration
(quar.)___.i-:_-l_~10c
Cooksville
Copeland
1st
3-15
——a——.—
preference (quar.)_.
Cooper-Bessemer Corp., common
preferred
1
1
3-
prior
6-
933Ac
prior
$3
6-15
3-
._•
Corp.__
Varnish,
$1.50
3-29
75c
&
(quar.)
Edison
25c
Paint
$3
r
A
___
(quar,)___,
(Del.)—
Co.
preferred
li-L—_
Casualty Co.
Continental
1st
Eddy Paper Co., Ltd., class A
$1
(quar.)
pfd.
(quar.)
Continental
1
6 V2 7#
preferred
Co.,
3-
preferred
Waterworks
Class
3-15
preferred B
When
Payable of Rec.
of a share of common
holder's option
Class B (quar.)
Georgia Power Co., $6 pfd. (quar.),;
$5 preferred (quar.)
Gerber Products Co., common
4'A%
preferred (quar.)
Ry.—
$1.50
at
Brewing class
Class A (quar.)
2-24
4
44/1000
or
stock
2^20
3-
Cash
2-24
(quar.)
$6 preferred B
(accum.)
Eastern Steel Products, Ltd.
3-24
25c
3-15
3-10
50c
quar.)
3-15
Container Corp. of America, 4 7# pfd. (quar.)
Continental Assurance Co.
(quar.)-.
—
Continental Can Co., common
(interim)—
$3.75
6
$13c
62'Ac
$1.12'A
20c
45c
Co._
Street
Share
Genesee
A
6 7#
Ltd.—
quar.)
$2.50
Coal
2-16
(quar.)
Co.
Theatres,
(initial
(increased
Loaf
Massachusetts
3-29
25c
General
3-19
(quar.)
3-15
tquar.)
2-20
1
4-
preferred
6 7#
2-13
(quar.)
Corp., common
Paper
Consolidated
&
Co.
25c
.___
3-10
30c
$1.12'/a>
1st
Easy
(quar.i—
9
67#
3-24
3-15
iquar.)
Laundries
Consolidated
4-
40c
12V2C
9
4-
common
$1.25
Dtilit.es
Gas
4-
4-
4-24
6 7#
•V
Y.—
N.
_—____
Grocers
Consolidated
25c
$3.50
4-24
87'Ac
6%
3-
—
of
Co.
(quar.i
Consolidated
4-
(quar.)
(s-a)
Edison
3-
$25c
—
(quar.i
Consolidated Dry Goods Co., common
Sugar
Eastern
Inc.,
of Company
Corp.—$6 preferred (opt. dividend setles)
$1.12'/a
(quar.)
(quar.)
Chemicals
Plastics
Eagle Picher
Per
Name
2-24
3-13
$2
;—
(quar.)
Bradstreet,
preferred
Eastern
75c
____.
Coal
Durez
East
iquar.)
Quarterly
3
(Toronto;—
common
Si
Holders
Payable of Rec.
General Shareholdings
(interim)
preferred
4Vi 7#
3-10
3-15
Dun
2-13
Inc., 40u preicinu tguai
Consolidated Bakeries of Canada, Ltd.—
Consolidated
2-15
When
Share
de Nemours & Co.—
preferred
$3.50
2-25
3-15
—
i.—
_
Connohio
■
1
3-15
37'Ac
(quar.)__
Inc.
(increased)
& Power (quar.i—
Connecticut
3-
$1.25
50c
25c
40c
(quar.)___
Connecticut
$4.50
r
Company
(E. I.)
Pont
Common
3-12
1
$$1.50
Publications
Congoleum-Nairn,
4-
S3
—-
__:—_—
Mills
Common
•
——
Service
Corp. (initial)
Confederalion Life Association
_
Per
Name of
du
Co.—
iquar.)
Public
Nast
Cone
.
—___—
Telephone
preferred
Community
Holders
Payable of Rec.
(Del.) —
(payment subject to
(accum.)
approval!
Commonwealth
Share
,
Commonwealth k Southern Corp.
-
When
Per,,
•
Name of Company
,
2-25
25c
3-15
25c
4-
1
3-12
$1.50
4-
1
3-12
Hydraulic Press Mfg.—
6%
convertible
preferred
(quar.)
Imperial Tobacco Co. of Canada, Ltd.—
Ordinary (interim)
$20c
Final
6%
preference
$10C
(s-a)
3-31
2-17
37#
3-31
2-17
*jt
.
48
When
Per
Share
of Company
$20c
Indiana
(quar.)
partic. preferred
Water (quar.)—__
Gas
&
Indianapolis Water 5%
class A
pfd. A
(quar.)
Stedl
Co
Institutional
and
Bond
Bank
Group
20c
(quar.)
25c
2-19*
3-10
$37%c
4-15
3-10
2-27
3-
2-
1
4-
1
3-
1
3-
convertible
Selective
$1
—
Co
3-
5
3-
2-11
1
22 %C
3-
1
2-10*
$1.20
$4.80 pfd.
4-
1
3-20
——.
3-
3-15
40C
$75c
4-15
3-20
2-28
((accum.)—
Public
Utilities
Machine
Oiler
2-28
3-15
25c
3-15
2-28
3-15
3-
40c
,
1
3-10
2-25*
10c
3-
1
2-14
25c
4-
1
2-27
x$1.75
4-
1
2-27
Co.———
————
Public
Service, Ltd. com, (quar;)__
preference A (quar,)—.
—
%%
4-
1
Johns-Manville
Johnson
Corp.
3-
1
2-25
(quar.)—-—,
(s-a)
Laughlin Steel,
Elqtz
Co.
Drug
$4.50
(quar.)—
com.
preferred
(quar.)
3-
1
1
3-
3-15
15C
5
2-14
1
preferred
dividend
&
3-15
3-
5%
37 %c
4-
1
3-15
$5.10
3-20
3-
6%
25c
3-
1
2-17
25c
'Kendall
Co.,
$4.50
3-
1
2-17
$1.12%
4-
1
3-18
(quar.).—-
common
preferred
(quar.).—.——
Kentucky Utilities Co. 4%%
Steel
Keystone
$37 %c
Wire
&
pfd.
$1.18%
(quar.)—_
(quar.)
3-
50c
_—
1
_
4%
2nd
conv.
4 V2 %
Corp.
5
preferred
(quar.)..
3.2%
3-12
4-
1
3-12"
4-
5-10
King-Seeley Corp., common——__________
5% convertible preferred (quar.).—_—
Kinney Coastal Oil Co.. (increased)
25c
3-15
3-
25c
4-
Minnesota
3-12
Eleinert
(I.
Rubber
B.)
3%c
3-13
3-15
3-
1
$1.50
3-15
3-
1
Eoppefs Co., Inc., common
4%
preferred -(quar.)——
Cresge (S. 8.) (quar.)„____
25c
2-27
4-
3-12
4-
$1
-w——
___
3-11
(S. H.)
Co.
Kroger Company,
6%
1st
6%
1st
preferred
(quar.)
G%
1st
preferred
(quar.)___.
Mojud
7%
2nd preferred
7%
2nd preferred (quar.).—
2nd preferred (quar.)
7%
La
France
Industries
Lake
Shore
Lake
Superior
Mines,
District
(increased
preferred
Lake
of
the
1-30
4V2%
1
3-15
Monarch
Woods
Co.
1
6-15
1
9-15
4-15
Monroe
7-15
Monroe
Co.
3-15
2-25
Motorola.
3-15
2-25
Motor
4-
1
3-10
Mount
5c
3-
2
2-14
$1
3-
1
2-
3-
5
3-
5
5
&
preferred
Lily-Tulip
Lincoln
Cup
7%
preferred
Link-Belt
Liquid
Co,
Little
Lone
Star
Lone
Star
Lorain
2-10
5-
3-
1
Gas
Coal
II
&
Dock,
11-
1
2-28
3-12
3-
1
(quar.)
3-
1
3-
9
Northeastern
9
1
2-
3-
1
2-14
3-
1
National
2
9-20
Northern
Liberties
4-
2
3-20
Northern
Natural
7-
2
6-20
Northern
States
10-
2
9-20
3-
1
3-16
Nova
2-23
2-23
3-
1
2-
Match
Ohio
Oil
Ohio
Water
1
2-
3
3-31
8
2-20
62 %c
4-
1
National
3-11
3-
(quar.)
4 y2 %
5%
Electric
Welding
Gypsum
Co.,
preferred
preferred
34-
1
Ontario
1
3-10
37 %C
3-31
3-12
National Rubber
$2
3-15
3-
National
(quar.)—
(quar.)
(quar.)_
1
National
Oats
5%
pfd.
Machiney Co
Standard
Co.
(quar.)
:
;
c -<
>'
r j
1 .£'
r
-
.'d'i
i.v
r'l
si
1.
?*,
'
r
i:
(••II
5%
\
preferred
Otter
Tail
3-10
3-20
-
2-16
2-10
-
3-31
3-10
3-31
3-10
3-10
$1.50
v
<
of 2s fid,
tax
2-27
or
deduction)
—
50c
Co.
$3.60 preferred
Ox
Fibre
3-15
$1.12y2
Co.____^
Finance
Corp.
Pacific
Gamble
Robinson
Lumber
Pacific
Pacific
Mfg.
Panhandle
4%
Co.
5%
preferred
Pantepec Oil
$4.25
2-14
6-
(quar.)_
com,
,,.
6-
1
5-15
9-
1
8-14
Patterson-Sargent
3-30
3-15
Peabody Coal Co.,
3-30
3-15
>
3-
1
1
2-13
4-
1
6%
2-13
3-
3-18
3-
3-12
Peck
pfd.
&
3-
1
2-16
3-12
3-29
3-19
1
2- 9
3-
3.70%
1
2-20
3-15
3-15
2-29
~
Water
Corp.
(quar.)___,„.
3-
3-10
2-16
3-10
2-10*
Peoples
1
2-10*
3-
1
2-11
5-
1
8-
4-21
Permnfit
1
7-22
Pet
10-30
2c
2c
Corp.
10-20
Co.
1st
4V4«.
Ond
2-20
Peter
4-
1
3-15
Petroleum Oil
4-
1
3-15
Petroleum
4-
1
3-15
3-
1
2-20
Pfaudler
8-16
7-31
Pfeiffer Brewing Co.
$1.25
4-
3-
3-23
50c
J
1
5
3-15
nreferred
&
^
(The)
r"-»fprroti
Corp.
.
3-15
4-
3-
4-
40c
.4-
3-15
1
3-15
1:''
3- 5
3-22
4-15
$2
1
?r *.
l'i
3-15
,
^-3- 5y
$1.50
3-
1.
2-20,
3-
1'
$1.75
3-
1
,I 2-19'
;
2-20
'3-19r
3-27
4-,l3-11'
•
(interim)
4- 1,
4- 1
3-11
30c
$3c
3-10
2-20
3-15
3-
3-12
3- 3
3-11,
1
Corp.—
(accum.)
25c
(increased quar.)"—
Co..
common
(ouar.)
(increased)
(quar.)—_
3-
35c
50c
?-19
2-202-26
3-10
3-11
3-31
-3-15
,
3-10
2-25
87V2c
$1
1
;
,
t
i
;.
25c
—
Co
&
1
1-31
1-3P
20c
(quar.)
Ltd.
Gas.
1-v-
$1.06%
$1.06y4
—
Trading
(Charles)
Phelps Dodge
(quar.)—
—
Inc.
$1.25 partic. class A
Pfizer
25c
Paul,
,
'*;
1
25c
(quar.)
2-18
•
3-
.
1
$1.12%
(quar.)
com.
pfd.
1
3-
______
——
3-15
$l,12y2
$1.75
15c
$1.12%
(quar.)
com.
(increased).^
Co.
Milk
4%%
i
'
3-
3- 8
! .3- 1'
;
3-
$1.37%
pfd.
4%%
3-15
u
.
(quar.)
Perkins Machine & Gear. 7% pfd,
Corp.
25c
$1.25
(quar.)
preferred
4V2%
4-1.
$1
(quar.)
Perfex
3-15
3-15
50c
.
——
Stores
Drug
,
25c
30c
Co.—
(quar.)
preferred
'
$1.10
Peoples Gas Light & Coke___!
Power
&
3-15
3- 5
1
92%c
Co.__l—
Mfg.
1
6-12
'; 2-27
>
30c
class A_
,
1
$5
4-
Co.—
3-
2-14
1
50c
;
3-
3-
2-7
3-
3-13
(quar.)_
$1.20 pfd.
Cement
Salt
3-1
.
40c
preferred C (quar.)
preferred B (quar.)—
Common
2-7
6-30
,
,
Pennsylvania
1
3-
68^0
Co
Pennsylvania
2-20
2-7
15c
4-15
9
1
$26
(accum.)_
(quar.)
2-10
3-
3-1
$0.2083
clears arrears)___
pfd.
Co.
2-29
3-15
50c
50c
:
payment
2-16
3-
3-26
,
Electric
2-20
20c
Co
Pennsylvania-Dixie
2-26
1
t20c_
$35d"
common
Switch
2-13
1
3-
■
$1.06'/4
(quar.)
C.)
(J.
3-26
j,
(quar.)
Telephone Co., com.
preferred
Penney
3- 4
3-24
3-
10c
Ford, Ltd.__
Electric
Penn
,
'•«.
25c
___.
Wilcox--.
&
Peninsular
3-31
50c
1
(quar.)_,
com.
Brewing, 5%%
Penick
1
Ltd.
(This
Stow
Feller
3-15
2-20
-
common
prior preferred
5%
4- 1
64c
62y2c
Reel,
8?
3-
$1
„
Transportation
preferred
3- 1
r.
3-15
2-27
(quar.).—.__—_—
2-15
1
7%
3-15
6-15
4- 1
3-15
Co
preferred
3
3-
Co.
75c
$40c
75c
(increased)__
Rig &
Mfg.
2-15
3-1
of Venezuela—
3-
Paton
2-16
2-24!
$2.50
(quar.)
Co.
Rust-Proof
Parmelee
1
5
(s-a)
Pictures, Inc. (quar.)__
Utah Consolidated Mines
(resumed)
Park
2-14
33-
;
Pipe Line,
shares
Parkersburg
3- 3
,
1
35c
Paramount
Parker
1 2-145
25c
______
-
preferred
3-1,
,2-28
3-10
SI
Ltd.
Tubes,
,
"3-1
3-
(quar.)
(quar.)
<quar.)__
Co.,
Eastern
American
California
of
3-1
1
$1.25
(quar.)____;
Co,____
Mills
Pacolet
Page-Hershey
4-1*1.
4-
3-10
.
$1,251,
Paper
Pacific
$5 pfd.
•
60c
90c
Oxford
.
J15c
com.,
1
.1.
$$1.25
(Minn.)
3-
r
"3-15
1
4-
♦
„
(quar.)
Brush
V
,
(quar.)__
Power
Peoples Telephone
*■'-
3-31
3-1
"Co._.—
ftUg.
2-17
_
$1
56y4c
25c
<9. payment
2-11
:
3-5
,
Oswego Falls Corp., 4ya% preferred (quar.).
Heat & Power, Ltd;—
Common
(quar.)
■
:
shares
1
(s-a)__
2-10
3-^5
10c
3-10
(quar.)
2-10
3-31
00m;
3-
Co.—
National Paper & Type Co.,
2-23
3-15
3-15
Ottawa Light
3-10
4-
(quar.)—
4-15
•'
37y2c
4% pfd. A (ouar.)_—
preferred A (quar.)_______
115c
(quar.)
2-14
50c
Inc.,
25c
pfd.
'
1
.1-26
3-15
(irreg.)
(increased)—
$1.25
$4.50
Co.
46V4c after South Africa
2c
25c
2-17
Inc.
Ordinary
45c
—
2-25
-
3-
25c
30c
(quar.)
9
3-1
4-1
3-1
-
55c
_
2-10
3-15
t25c
(quar.)
2-10
'
$1.06
.'
(quar.)
3-/1
20c
$2.20 pfd.
20c
:
$1.75
1
Tube
J12V2c
preferred
3-12
J$1.75
________
15c
—_
25c
(quar.),
common
6%
preferred (quar.)
O'okiep Coppp.r Co., Ltd.—
4.40%
(quar.)
2-
(-quar.)
Pennsylvania
(quar.)
com.
3-10
(quar.)„
40c
___s,
15c
25c:
$2.25
Corp.
Omar,
$1
Dairy Products (quar.)
Drug & Chemical Co. of Canada.—
$1.50
(interim)
Co.,
(quar.)
1
;
Service
Oliver
62V2C
National Lead Co., 7% preferred A
National Linen Service Corp., com.
3-20
_
(quarl)
Gas
1
(quar.)—
(quar.l_„
Industries,
Ohrbach's,
RR.—
;
:
.
3-
10c
Seamless
S3
;■
2-20
*2-16
3-
(quar.)—
Ohio
35c
(quar.)
1
3-
3-1
;
t$i
Extra
25c
37y2c
50c
25c
—
5
\
$$1.50
Co.
Co.
2
3-
•
■'
___'
Ltd.,
4
2-
8
'•
—$1.12»/a
;—
Co.
2-16
3-
.
Co
preferred
2-16
3-25
$1.25
Co.
Manufacturing
Ogilvie Flour Mills,
50c
Quarterly
Quarterly
3
3-
Pharmacal
12V2C
Louis
3-
40c
(quar.)
$1.75
$1.75
$1.75
12y2c
(initial)
1
Light & Power—
Oak
25c
(initial)-
1
3-20
60c
Service—
(quar.)
Olin
3.3-
(Wise.)—
preferred
7%
3-26
2-20
$1
(quar.(__„
Candy
2-28:
3-10
$1
(quar.)
Public
Nutrine
40c
'
—
Fibers
Power
Norwich
'
4-15
30c
(irreg.)_
preferred
Ohio
.
1_;_______
Service—,
(s-a)
4%
Co.—
St.
Gas
Gas
lc
(irreg.)
(quar.)T_
6%
25c
59%c
—:
&
Scotia
2-28-
■.
3-20
25c
(quar.)
Public
preferred
3-20
,
15c
(s-a)_____
preferred
4ya%
1
25c
Cylinder
Convertible
National
3-10
3-10
25c
pfd.
5%
Northwestern
2-24
3-
$3.90
$3.57%
(quar.)
<
Co.—
preferred
10-
50c
— _
Common
2-14
preferred
Indiana
Development
&
Motor Specialties
preferred
National
2
prior
$2
113c
t44c
—
quar.)__
Automotive
4y2%
Water
Northern
$1.62y2
—
—
Biscuit Co., common
Container Corp., com. (Del.)
National
Insurance
3-
50c
(quar.)
(quar.)
preferred
National
2-19
3-
87 %c
I
Co.
1
50c
National
2-19
$25c
I_III
(quar.)
(quar.).
tos Angeles Investment
4-
87V2c
34%e
National
2-28
50c
(quar.)
River
6-20
:—
common
new
Chattanooga
5%
2-28
3-12
$25c
conv.
North
3-20
(quar.)——
pfd. (quar.)—
Resumed
10-23
3-12
37%c
$1.10
5%
9
National Alfalfa Dehydrating & Milling Co.—
7-24
87 %C
(quar.)__
Taylor, 6% 1st pfd.
(P.) Co., common
preferred (quar.)
Inc.
1
25c
(quarj
Corp.
Co.
Inc.,
Nashville
1
4-23
8-
30c
class A
3-
;
..
(accum.)
6-20
7-1
,
Corp.—
Refractories
2
'
.
Corp.
RR.—
Cement
1
50c
20c
—
Nachman
3-10
3-15
30c
75c
Lorillard
Loew's,
1
$1.75
&
1%
1
87 %c
(quar.)
(quar.)
(quar.)
Special guaranteed
Original capital
4-
$4
20c
(accum.)
American
1
.
:
Muskegon
3-
Investment
preferred
North
$1.25
pfd.
Mining
Oil,
$2 class A
(quar.)
Muskegon Piston Ring
30c
(quar.)
Loblaw Groceterias
Co., Ltd.,
Class B (quar.)
(quar.)___
(increased
2-20
37 %c
-
Corp., common
preferred (quar.)
Miami
Co.
preferred
5Ms %
1
$1.25
—
Corp.
2-27
4-
r
—
(increased quar.)
Carbonic
3% %
Mass.)—
com. (quar.)„
(quar.)—
I
2-
*
(quar.)
(quar.)
common
com.
Inc.
Line,
6%
,
3-
60c
Co.,
3-
"*
Stores,
preferred
Ltd.
5'/2%
3-10
37 %C'
____
—
com.
2-26
2-17
1
American
3-15
62'/2«
t25c
(quar.)—
1:25c
f$l,12y2
Muskogee
$1
~~
preferred
3-10
3-
__jl—.—
3-
30c
6%
9-20
—
3-31
$1.75
3-20
North
2
—
$3.50
15c
__
6-20
12-16
2-14
1
50c
Murphy
5
1
1
4-
3-
175c
3-15
(quarj_
1
Lire* Insurance
Lincoln Service Corp..
7%
Munson
2-21
1
7-
12-23
20c
12-16
25c
—;
Tool
Co.
40c
Quarterly
Quarterly
Lincoln
2-16
3-10
3-
3-20
1
$1.25
25c
4-30
50c
1
1
10-
4-
B___—
$25c
(quar.)__
common
Corp
National
1
3-15
•
2
4-
4-
12-23
50c
(G. C.) Co. (quar.)—.
Murray-Ohio Mfg. Co. (increased)-
_
(quar.)
2-
1
2
20c
7-
(quar.)
12 %c
__________
3-
•
;
Ohio Associated Telephone
(quar.)_
(quar.)
3-
31 %c
1
20c
'
,
7%
prior preferred
80c
—_______
Society,
Diablo
1
7
4-
87 %C
4-
(qu»/.)
(Springfield,
Chemical
Wheel
3-
Brothers, Ltd. (quar.);
Liberty Fabrics of N. Y., Inc. (quar.)
Libbey-Owens-Ford Glass (quar.)
Liggett
4-
50c
—
2-16
,3-1
—
25c
1
each
prior preferred—..,
V 25c
(quar.)^
Manufacturing Corp.—
(quar.)
$7 preferred
(quar.)
$7 preferred
(quar.)
Munising Wood Products Co., com.
5% preferred (initial!
2-20
3-23
three
for
preferred
preferred
80c
$1.27Vi
com.
$7 preferred
2-20
3-
35C
Casualty Insurance (Tenn.)
7%
Mullins
2-27
37 %c
1
87 %C
1
3-22
—
Co.
3- 1
4-
preferred
—
——
Paper Mills, common
4%%
preferred (quar.)
9
3-
3-10
Corp.—
3-
25c
25c
25c
$1.75
25c
Cottons, Ltd., common (quar.)_—
preferred (quar.)
—<—*
(Wm.) Dry Goods Co. (increased quar.)
3-
30c
of
Co,
2-11
3-31
50c
dividend)—,
3-10
$5c
50c
87 %C
25c
———
Morris
2-13
2-13
'
(quar.)
held——
Finance
3-15
75c
'
'
dividend
Electric
2-20
preferred
$1
(quar.)
preferred A
$1
$25c
40c
Corp
Myers Tobacco,
Co.
Ltd.
Co.
Machine
25c
(quar,)
Savers
2
2-18
$1.50
(quar.)—
preferred (quar.)
Lewis
Life &
1
2
2-
-
Cement
Electric, 5%
Salt
2-
(cash
Co.
Potomac
3-15
1
$75c
(quar.)__
com.
3-15
3-31
prior
2-18
•
of
3-31
Moore-Handley Hardware Co., common..—
20c
5%
preferred (quar.)_—
—
———$1.25
Moore-McCormack Lines (quar.)
—
37l/2c
Morgan (J. P.) & Co
$2
(James) & Sons (quar.)—
Lehigh Portland
7%
3-31
3-
$1
(quar.)
(quar.)
3-10
25c
50c
$2
—
Loan
40c
■
2-20
5
2-27
prior preferred
Moore
____
;
1
4
3-
3-10
80c
2-18
,
quar.)
3-
Corp.,
preferred
American
7%
3-
3-15
80c
1
•
Car
Liquidating
shares
100
2-14
A
Railway, com.
Ltd.,(interim)
American
North
3-10
1
pfd.
1
15c
80c
1
1
5
2-14
25c
30C
4%
1
4-
$40c
■
Ltd. (increased quar.)
Corp.,
shares
3-31
3-
1
3-
1
5
3-
1
3-
1
3-
4
Montreal
3-
2-13
-
"3-15
3-
2-14
3-
1
3-15
1
3-
3-15
3-
2-14
3-
3-15
7%o
1
3-
.
1
3-31
$40c
2-16
3-15
3-12
$3.25
$$1.75
—
2-27
4-1
.
1
3-
,
$1.75
'
i_;*_
class B__
Western
&
Partial
3-
15c
Co;———_.
Paper
com.
Ins.
Chemical
Monsanto
7%
3-
3-12
$1.25
Bleachery & Dye Works (quar.)
Lang (J. A.) & Sons., Ltd. (quar.)———
Lansing Stamping Co. (irreg.)
a
Le Tourneau (R. G.),
Inc., $4 pfd. (quar.)_
Lee & Cady Co
Lee (H. D.) Co., Inc.
(quar.)_
Leland
10-15
Milling Co., Ltd.—
Extra
Life
Monarch
1
2
Co.__
Co.,
convertible
North
2-26
3-11
Chemical
American
$2
$1.25
com.
Semi-annual
Co.—
—a____—_
(increased
3
common— "
Mills
Knitting
7-
1
2-
—
Mfg, Co.,
Co..
preference
10-
11-
1
35c
Power
(M.
Lane-Wells
Leslie
Monarch
5-
3-15
20c
3-
20c
Lanett
Lord
1
4-
______
H.), Inc. (quar.)
Lane Bryant, Inc. (quar.)
Life
3-
quar.)
(quar.)
(quar.)
preferred
(quar.)
Lees
2-11
8-
2-14
'
-
*
(quar.;
North
$18c
(quar.)
(quar.)
Common
7%
Lamston
1
$1.75
pfd.
Ltd.
3-
$1.75
Electric
Norfolk
(quar.)
—„_
(irreg.)—
(quar.)
Brewery, Ltd. (quar.)
$1.50
_
Wire
Normetal
r——
preferred
Molgon's
*
Common
5%
4%
2-11
$1.75
(quar.)—
S.)
Hosiery Co.
2-20
1
5%
10c
Extra
$1.50
rf<quar.)_—;
Carpet
$1.50
—
aa—
Noma
1
———VUc
Service..——
30c
(quar.)
(J.
60c
(quar.)—
(v.t.c.)
&
Ontario
Mohawk
3-12
1
&
Mitchell
$1.50
(quar,)
common
preferred
A
Public
3^11
50c
—
3-
3-15
(gu^r.)—„——_—$1
preferred
,3-
50c
(quar.)—
3-16
'3-1
10c
Nineteen Hundred Corp.
3
Co.
—
50c
Kress
preferred
Louis Ry.
Missouri Utilities Cp., common
40c
_
Niles-Bement-Pond
2-18
3
(quar.),...^.^—
Mining
J3
Missoimi
5%
6
2-10
l
35c
(quar.)«-.——
Valley Canning
preferred
(quar.)
Class
2-26
$2.50
1
Niagara
2-16
1
2-
——
Missouri-Kansas Pipe Line, com.
_
Co.____„__
2-16
1
2-
—
(quar,)——U——
preferred
5%
1
3-15
—_
Kinney Mfg. Co., common (resumed).
$6 non-cum. preferred (quar.)..
1
3-
50c
Minnesota
1
5-20
1
3-
3-15
(quar.)
(quar.)————
Ligh't Co., 7% pfd. A (quar.)
series
Minnesota
$1.12%
—
3"
•4-
50C
(quar.)
3-
25c
(quar.):
preferred
Common
2-27
1
$4
5 :
2-20
1-.
'
93%C
preferred (increased)
Weaving (increased quar.)__;
non-cum.
1
—————
convertible
3-13
10c
(quar.)
$5
Minneapolis St. Paul & Sault Ste. Marie RR.
(quar.)—.——
preferred
Kingsbury Cotton Oil Co.
2-16
1
——
—
preferred
4-
$1 '
1
25c
Minneapolis & St.
2-27
4
3-
-.3-1'
'
50c
Co.
New York Dock Company—
1
common
Minneapolis-Honeywell Regulator,
2-14
3-13
2-16
3-
—
1st
35c
(quar.).
com.
(quar.)
preferred
25c
Kimberly-Clark
1
3-
Minneapolis Brewing Co. (quar.)1. ——'
Minneapolis Gas Light Co. (Del.)—
5!/2% preferred (quar,)——,—-$1.3.7
3-15
4-
.
45c
'
3-
shares—
Hart, Inc.,
preferred
prior preferred
prior preferred
1
1
■
3c
prior
4-
'
5
2-
10c
Milwaukee Gas
1
3-
Auction
4-
Abrasive
3-15
25c
York
Extra
Noranda Mines,
Public Service Co. (quW.)—
Steel Tube Products Co.—
37 %c
2-
3-10
-3-10-*
✓
50c
York Air Brake
New
8
$J
2-28
4-
$1.12%
_——_———__
(Julius) & (to
— 4——
Kelsey-Hayes Wheel, class A (quar.)——_
Class B (quar,)
r
F.elvinator of Canada, Ltd.——
F.ayser
New
2-25
2-27
3-15
3-
$1
—
2-28
3-10
3-10
8
$1
;
2
3-31
•4-
10c
Newport News Shipbuilding & Dry Dock____
4-30
Common.
1
3-
2-28
'
1
3f-
50c
•
'
3-15
3-
*
60c
'
_i._i_i_.__-.
4-16
(
3-
Common
5
Insurance
2-27
3-15
(quar.)—______
com.
'
>
50c
3-25
3-11
Co.
Stores
3-15
2-28
50c-
•*■
(quar;)
J.) Co._
Steel Co. (quar.)
87c
50c
—
1
$1
(quar.)
1
Fire Insurance
Life
'
pfd.
1
$1
Newmont
Mining Corp.__;_'_w_ii;i.ai--'_'-_-:i_
Newport Electric Corp., common (quar.)____
3%%
preferred (quar.)
3-15
$2
3-15
95c
12 %c
1
4%
54-
$1.25
r
Telegraph_;;_l_
&
(J.
Newburgh
3-20
5
5-15
Miller
5
2-27
3-10
60c
Parchment (quar.)—..
SCansas City Power & Light Co.—
3.80%
preferred
(quar.)
6
4-
4-
25c
8%
2-27
3-
4-
$1.25
Vegetable
3-
3-12
4-
10c
50c
—
6
World
3-31
Corp. $1 conv. pref. (quar.)__—
Midland Steel Products, common——:
4-17
1
3-10
35c
—
common
5% preferred A (quar.)__—————
Joy Mfg. Co, (quar.)—
——
—-—
Kalamazoo
5-
93 %c
—————
3-
New
Nopco
Midland Oil
3-20
60c
::,
————-
Johnson
&
&
Jones
——
3-20
1
Hampshire
3-15
—
Michigan
Michigan
2-27
$1.25
XI
—r___
(quar.).
Jewel Tea Co., Inc., common
3%%
preferred (quar,)—
New
3-17
3-15
50C
Y,)__;
New Jersey Zinc Co
Telephone
3-18
Extra
Jantzen
S% preferred A
2-13
5
3-17
2-16
20c
—
Warehouse___c.______-
Storage
3 30
—
Mid-West
5% preference C (quar.)
Knitting Mills—
Jersey Power & Light,
4-16
15c
(quar.)
————
Merchants Refrigerating Co. class A (quar.)
3-15
25c
New
Newberry
preferred
7%
3-15
1
93%c
—
Engraving
1
4-
$1.50
———
(quar.)——
Service, common
preferred (quar.)
Southern
4-
$1,621/2
7% preferred A .(accum.)—
6%%
preferred
(accum.).
2-25
$1.75
25c
Class B
(quar.) —A—:
.
25c
Meredith Publishing Co.
(quar.)———
25c
Merritt-Chapman & Scott, 6V2% pfd. (quar.) $1.62,/ac
Metal Textile Corp.. $3.25 partic pfd. (quar.)
8iy4c
Metal & Thermit Corp., common
(quar.)__
35c
7%
preferred
(quar.)-———;——--—
$1.75
Metropolitan Edison, 3.90%
pfd. (quar.)—
97'/2c
Meyer Blanke Co. (quar.)—30c
Mercantile
3-15
4-
England
$1.06V*
50c
_
(quar.)_—
preferred
2nd
$2
1
1
$1.75
(quar.)
preferred
Corporation,
common
4%% preferred
(quar.)——
3-15
7c
preference (quar.)_—.—
Fund (irreg.)-———-
$3.50
Bedford
New
3-31
(quar.)
Mead
1
New
2
3-
1
25c
4-
1
75c
1
4-
3--1
37 %c
(quar.)
2-28
4-
Stores Corp., common (quar.)—.
Extra'———'—-—75c
McCrory
Light & Power—
preferred C
(quar.)—
1-
Maytag Company (quar.)
McCord Corp.,
$2.50 preferred
5
3-
.
(quar.)_
(quar.)
Corp.
.
$1.50
—
—
3-30
3-30
75c
New
4-
1.12%
Brothers, Inc. (quarj____
Amsterdam Casualty Co.
(N.
2-27
3-15
60c
37'/ac
75c
85c
93 %c
93%c
25c
25c
62%c
'
35c
—
Corp.
3-
—
—,
—
•
Holders
Payable of Rec.
25c
Neisner
2
3-10
,
(quar.)
(increased quar.)
Water Co.
(s-a)
4-15
,,
preferred (quar.) __—
$3.75 preferred (quar.)
$3.75 preferred series 1947 (quar.)—
May McEwen Kaiser Co. (quar.)—
2-19
3-20
t40c
(quar.),
common
Corp.
(quar.)
(quar.)
May Department Stores Co., com.
8
Nehi
2-14
2-
When
Share
■
Co.
3-10
' 7c
$25d
$62'/2c
——'—,
Co.
5
1
Tea
3-15
7%c
Mathews Conveyor Co.
8
4-
Naugatuck
33-
Fund—
$3.40
3 ($1.12 v2
National
3-5
"
•
—
:
Electric
Master
5
3-15
4-15
$1
3-15
3-15
Corp.—'/*
Irregular
3-15
20c
$1.75
1-30
4-15
$1.75
Products Corp.—
(irreg.)
■
3-12
"
Massey-Harris, Ltd., common' (quar.) ______
$1.25 convertible redeemable pref.. (s-a)__
>
(quar.)
Bakeries
Electric
&
Common
Martin-Parry
of Company
$25c
*
—
(quar.)
Massachusetts Investors Second
Ltd.—
Intertype Corp. _
——
Investment Foundation, Ltd.—
Jamaica
'
1-27
3-12
Ltd.
Mines,
Per
Name
National Supply Co., common
4y2%
preferred (quar.)
(quar.)
RR.
3-
1
3-15
(quar.).
Co.
Porcupine
Marine Magnesium
of Canada, Ltd.—
Co.,
Paper
Utilities
Jaeger
2-28
3-19
1
4-
$1
Co.
International
3.75%
/
50c
,
,
1
3-10
50c
—-
4% pfd, (s-a)_
(quar.)
Silver
Investors
4-
25c
Industries—
International
Interstate
3-31
2%c
——
preferred
7%
1-31
$40c
(quar.)
preferred
Quarterly
Jahn
2-28
———
Metal
International
Iowa
2-14
A
4%%
Iowa
1
Nashville
Holders
Payable of Rec.
,25c
$50y4c
Magma Copper Co.
—'
25c
Mahon
(R. C.) Co.
—
30c
Maltine Company, 4'/+% preferred (quar.)_; $1.00 Y*
Mallory (P. R.) & Co. (quar.)
—
„
25c
Manhattan Shirt Co.
(quar.)—;
35c
Mapes Consolidated Mfg. Co. (quar.)
60c
Marathon Corp., 5%
preferred (quar.)_,—
$1.25
9
3-
When
March 1, 1948
,
25c
88c
M.), Ltd. (quar.)
Mfg. & Sales Co. (increased)
Macwhyte
1
2-
T
—
Powders,
International Nickel
8%
3-
1
(initial)
Bronze
International
6%
3-10
3-
16c
shares—_——-——Co.__
—
common
Common
.
2-10
$1.50
6% partic. preferred (quar.)
International Cigar Machinery,—-—;
International Harvester Co., 7% pfd. (quar.)
Iowa
1
&
Mclntyre
Business Machines-
International
$4
3-
(accum.)
Shares—
Reinsurance
International
Class
3-12
50c
later-Ocean Securities Corp.,
New
1
CHRONICLE
Share
,
(quar.)
Exploration
&
(Walter
Ludlow
3-10
4-
18c
Land
Lowney
2-13
1
3-20
$1.25
—
Steamship
Inter-Ocean
3-
.
Ltd.—
Group
of Company
Louisville
2-18
——
Shares,
Stock
loterlake
2-18
1
—
Industrial Silica, 6 %% preferred
I.agersoll-Rand Co. (quar.)
Inland
1
3-
25c
(irreg.)
(quar,)__
Indianapolis Bond & Share Corp.
80c
3-
$37 %c
(quar.)
FINANCIAL
Per
Name
Louisiana
convertible
$1.50
&
..a
Holders
Payable of Rec.
Imperial Varnish & Color Co., Ltd.—
Common
'
i A f:.t l Air c
THE COMMERCIAL
(984)
Name
r\xu./vzt ~Vk f.
a,'
'
t.
•'•r
-'V1
Volume 167
Number
4677
THE COMMERCIAL
Per
Name of Company
Philadelphia
Co.
5%
Share
pfd.
non-cum.
$5
preferred
(quar.);
$6
preferred
(s-a)—
(quar.)
—^—
Extra
—
$3.65
preferred
Philco
Corp.,
3%%
A
Phillips-Jones Corp.
$4 preferred
4V*%
Pittsburgh
Coke
conv.
&
2-16
Russell
7 %
3-
1
2-11*
%
pfd.
Ltd.
3-
1
A
Class B
Potash
K.)
Co.
Co.,
of
Portsmouth
RR.
Co.
3-12
3-
4-
4-21
pfd.
50c
3-
5
5c
3-
2
2-20
3-25
3-
3-
1
3-
1
2-14
4-
1
3-
1
2-16
3-
1
2-23
25c
___—
(quar.)_.
.
3-31
22VaC
—
25c
,
$40c
-
3-15
3-
1
75c
4-
1
3-12
13%c
3-
1
pfd. A
(quar.)—_
3-
1
1
3-12
3-
1
2-10
Worcester
Co.
of
preferred
RR.
(irueg.)
3-12
4%
1
2-14
3-
1
2-14
45c
3-15
2-27
35c
3-31
2-27
$1.25
(quar.)____
3-15
2-16
87V2C
Co. of New Hampshire
Corp of New Jersey—
___
<
(monthly)
preferred
7%
preferred
8%
preferred
3-15
$5
Publicker
$4.75
.
Industries
3-15
3-31
—;
(stock
dividend)-
(quar.)
(quar.)
Inc.
Pure
Co.,
Oil
3-31
8%
preferred
Quaker State
Radio
Ltd.,
com.
Corp.
of
2-
'
1
1
4-
A
&
Gas
Class
B
3-10
4-
1
3-15
4-
1
3-15
2-27
4-
1
$3
conv.
Simmons
1
3-15
3-10
redeemable
3-
1
,2-27
>2-14
4-
1
3-12
3-11
4-
2
4-
1
4-
1
2-19'
3-
1
3-1
3-
3*
3-15
2-20
4-
3-15
1
4-
1
3-15
3-
1
2-13
3-
1
6-
1
5-14
1
8-13
12-
1
11-12
2-13
e
3.9%
Smith
(A.)
3 V2 %
Smith
7%
Sonotone
$1.25
South
—
3-
9
5%
—
4-
1
3-
9
Corp.,
5%
8%
Southern
4 V2 %
Advance
5-
1
4-15
Southern
5-
1
4-15
4-26
4-15
3-20
3-10
Southern Pacific Co.
4-
2
3-10
3-10
5%
4-
1
3-10
4%
preferred
preferred
Rockwood
Mfg. Co.
(increased)—_
&
Co., common (quar.)
5% preferred A
(quar.)
5% 'preferred (quar.)
5% prior preference (quar.).
Rolland Paper Co.,
Roos Brothers, Inc.
&
4 lA %
Ltd., 4% %
pfd.
(quar.)
$1
15c
3-19
3-12
4-
1
3-12
25c
3-
3-
1
3-
r
5
9-15
.8-13
3-15
(quar.)—:
Co
1
Service
Co.
—
(A.
G.)
&
Withington,
& Co.
$5.50 2nd
6%
$5.50
pfd.
1st
20c,
—
common
conv,
pfd.
pfd.
Inc.
$4.50
3-15
3-
3-15
2-29
Standard
Insurance
$3.50
preferred
Co.
common
(quar.)
1
2-18
Standard Dredging,
4-
1
3-19
Standard
$1.25
4-
1
3-19
4-
1
3-19
3-
50c
3-20
3-10
1
Increased
Standard
of
$1.60
50c
Co.
conv.
3-15
3-15
3-
40c
$10c.
$$1.25
:
pfd.
of
1-30
3-
1
1
3-20
40c
(quar.)-
4-
3-
1
United
3- 8
3-
3-15
3-
1
3-15
3-
1.
1
3-
1
2-10
25c
3-15
2-25
3-10
3-
3-20
3-10*
3-
5
2-20
5
4-
8
7-
8
6-23
9-30
9-18
12V2C
3-1
2-10
15%
3-22
22.8571%
3-22
1
(final)
preferred
(quar.)
(increased)
Steel Forging
3-23
3-15
3-
2-27
1*
2
3-10
4-1
2-27
4-
3-10
2-201
3-10
3-
65c
2-lfi
20c
3- 1
3-15
Corp., 5% preferred (quar.)
Lines, Inc., 4'/2% pfd. (quar.)—
$1.25
$1.12V2
3- 1
3- 1
2-13
2-10
$1,25
3-15
3-
25c
3-
1
2-33
50c
3-10
2-24-
Theatre
Circuit,
—_
America
—
—
Canal
&
'
'
50c
—
—
RR.
.
•
1
—
3-
3-10
1
1
1
3-22
3-10
75c
4- 1
3-10
3-10
55c
4-
1
3-
1
75c
$1.75
25c
58V3C
4-
2-24
,
2-23
3-12
2-18
53c
2-18
3- 1
2-18
$2.50
(quar.)„
(s-a)__
3- 1
50c.
—
4-10
3-20
2-26
$2
3-1
—-—-
53
3-1
2-26
—
$3.50
3-
1
2-26
25c
3-2
2-10
50c
3-31
common
——
(s-a)
—
3-
9
Hoffman
Machinery Corp.—
participating preferred (quar.)
%%
S. Leather Co.,
S.
_
Co., common
preferred (s-a)
3- 1
50c
3-15
2-13
62V2C
3-10
2-25
22V2C
7- 1
6-15
70c
70c
3-20
6-20
9-20
2-28*
12-20
11-30*
50c
___—
2-18
70c
class A
Lines
4Vz%
4- 1
$1.06 V*
—
(quar.)—
—
Pipe & Foundry Co.—
(increased
quar.)
Quarterly
Quarterly
Quarterly
S.
-
—
Playing
Card
(quar.)
Extra
S.
preferred
non-cum.
non-cum.
S.
U.
S. Steel
United
—:
—
common
preferred
preferred
Spring & Bumper,
Tobacco
5-31*
8-31*
3-16
3-16
1
3-10
3-10
6-10
2-16
3- 1
—
$2
—
$2
4- 1
■
3-15
2-23
2-23
5-24
pfd.
com
3- 1
2-16
3-10
2- 8
30c
(quar.)_
56V4C
$1.25
45/2%
Corp., common
States
4"
50c
62V2C
$1
common
(quar.)
S. Rubber Co.,
8%
70c
$1
Printing & Lithograph,
5%
3-15
3- 8
43%c
3-15
3. a
*
7%
,
2-28
Inc.—
Fastener
J.
93%c
______—.—-
(quar.)
S.
U.
2-11
3-20
3-
25c
U.
U.
1
75c
>
U.
U.
6-
2-27
4- 1
3-12
IT/2C
$1
1
(increased
United Specialties Co._
U. S. Guarantee Co.__—
4
1
6-15
3-10
quar.)___—
Corp.——————.
preferred
S.
'8-10
11-10
50c
(quar.)
(quar.)
Co.
U. S. Envelope Co.,
Extra
U.
8-16
11-15
$1.75-
(irreg.)—
Carbon—
7% prior preferred (monthly)
6.36% prior preferred (monthly)
6% prior preferred (monthly)
7%
5-10
25c
$1
—
United N.
2-20
5-15
25c
v
—
$3 pref. (quar.)
Dyewood Corp. 7% pfd. (accum,)__v
Electric Coal (quar.)——.—:
Elastic Corp. (quar.)
Illuminating Co
Light & Railways Co—
United
2-27
3-10
30c
Corp.
United
3-10
$4
25c
Co. of California—
United-Carr
United
2-16
2-20
1
25c
Corp
(quar.)——,
United
2-20
3-
tl5c
(quar.)62V2C
Corp.
(quar.)
of
United
2-20
2-23
3-
Inc.—
Co.
United
.
1
3-15
$1.06V4
(increased)
Unit,
Co.
U.
2-28
6-15
registered
Biscuit
2-13
2-28
6-25
25c
Carbon
2-10
3-15
3-15
75c
United
3-15
3-15
3-
1
50c
Rubber
&
&
preferred
3-10
15c
2-20
4-
30c
_u
United
2-20
35c
1
3-15
25c
—__
Street
Corp.
Artists
5%
$1
'
1-17
1
(quar.)
United Aircraft
50C
Kentucky (quar.)—,
1
4-
50c
deferred
Co.
Rope
8%
(increased quar.)
3-20
3-
(accum.)
Wire
1-30
$1
quar.
Co.
1
1
75c
Co.
2-16
3-
3-20
4-
$1
Co.
Salle
Car
1
/3- 1
1
1
2c
Clutch
Tank
2-13
(quar.)
(quar.)«
com.
La
Disc
Union
2-23
5
3-
4-
'
—
Oil
for
Coal
Sugar
California—
0)1 of Indiana
Standard Oil
3-10
3-
2-27
3-15
25c
Seventh
Oil
2-20
3-20
3-10
75c
$3.75 preferred A
U.
(quar.)
Standard-Coosa-Thatcher
Co.
1
87 VaC
Co., Ltd.,
2-20
Oil
3-
2-11
2-11
31V»c
Co
preferred
South
Common
(quar.)
Chemical
preferred
2-25
4-15
5
5
25c
:—
com.
Williams
&
Union
3-15
1
2-27
33-
30c
7V2C
;
Union
(Detroit)
Standard
5%
5
5-
36V4C
Inc.,
4-
40c
(quar.)—
—
Brands,
.
1
94c
com.
(quar.)
Accident
Quarterly
3-
3-12
$1
Co.
5
20C
—
(quar.)
Mfg.
3-
2-17
$1.12 Va
(quar.)-——-.:
(quar.)
Royalty
Carbide
2-16
8
3-15
25c
:
Bearing-
Union Asbestos
4-13
3-
2-17
25c
E.)
5
2-13
& Sons, common..—______
preferred
3-
1»
1
$3c
(A.
1
3-
1*
3-10
Springer Sturgeon Gold Mines, Ltd. (interim)
Staley
3-
3-
50C
^
Squibb (E. R.)
preferred
1
3-15
$1.37 Va
$1.37 Va
pfd.
Co.
3-
3-15
$1.50
(quar.)..
(quar.)
Electric
4-15 f
40c
25c
—
(quar.)
3-15
40c
.
(quar.)
(quar.)
Standard Cap & Seal $1.60 conv. pref.
3-15
1
75c
3-
$1.25
3-
$1.25
preferred
Electric
2-14
$$1.06Vi
2-16
non-cum,
3-
5
1
3-12
5%
3-10*
2-13
3-
5
5-14
—
50c
50c
registered
Union
2-16
1
1
5
—
United Air
2-
3-
2-14
1
2-27
(quar.)—
Union
2-14
6-15
Standard
3-15
1
2-29
37 VaC
(quar.)—;
6-15
2-23
3-
3-
25c
Underwood
2-16
1
$1.25
30c
: ♦
1
1
4-
5%
$1.25
(quar.)
4-
3-
2-25
$25c
.
1
—
(quar.b
37VaC
—
1
$0.2656
pfd.
Gas^ Co,^_-—
Royalty
$6
208
3-
3-
3-15
-
City
Twin
$0.2542
——„
Co.
Sprague
3-10
2-20
3-29
$1.12 Vs
Water
Co.
Truax-Traer
2-13
•3-
3-15
4
—_
4-10
Paper—
Spiegel,
1
1
3-12
2-24
Insurance Co. (quar.)__
Trinity Universal Insurance (Dallas) (quar.)
Quarterly
Quarterly
Troy & Greenbush RR. Association (s-a)—
3-15
50c
9-15
4-
3-
3-31
—
3-15
1
1-30
$1
(increased quar.)
3-10*
2-10
1
40c
Spencer Kellogg & Sons
3-
3-10
6 2 VaC
3-15
1
1-30
3-10
3-31
(quar.)„
6-15
4-
5
3-20
31V4C
Lines
com.
1
3-10
3-
40c
(quar.)
1
2-25
Transue
1-30
3-
3-12
6
Travelers
5
10c
A
4-
3-24
2-14
3-
3-
35c
1
3-
Elevators, Ltd.
3-12
Gas—
7-
50c
(quar.)—
3-
—
&
Sparks
29}Jc
pfd. F (quar.)
Toronto
20C
Spear
15c
Robinson, Little & Co., Ltd., class A (quar.)
2-14
1
3-12
4-
35c
(quar.)
Edison, 4XU%
Tudor
4-15-
30c
Co.* (increased quar.),
3-
1
1
50c
receipts
Bell
25c
$1:75
common...—
Tom
87 VaC
$1.75
(quar.)—_—....
2-20
1
1
4-
$1.75
Associated
Deferred
3-12
87 V2C
2-19
25c
4
Toledo
$1.50
2-12
4-
________—
(irreg.)
deposit
(final)
2-20
:
1
3-
Tobaccc^ Securities Trust Co., Ltd. American
4
2-
Co.—
1
3-24
2-
1
3-15
2-1.9
(quar.)
Chicago
(irreg.)
com.
Quarterly
Tivoli
Brewing
30c
5
25c
1
1
3-
(Del.)
Quarterly
Quarterly
*
12
Co.
5-
9-15
33-
3-
,
4-
3-17
Tishman Realty & Construction Co.—
30c
3-
2-27
1
3-10
3-15
3-
(quar.)
(quar.)
Roller
$15
1c
1
3-
1
1
Timken Detroit Axle Co
3-10
3-12
1-30
4-
4-
(quar.)
preferred
Water
Time, Inc.
2-19
2-16
common
Bros,
3-12
3-10
4%
45c
Service,
10-
3-10
1
3-24
(quar.)
Spalding
50c
1
4-
Co.
preferred
97V2C
com.
Southwestern Public
$1.75
Tilo Roofing
3-15
"
3-10
1
2-27
4-
30c
2-16
7-
3-15
$1.25
2-19
$1.75
Tide
$1.30
1
1'
2-13
$i5c.:
(quar.)..
1
4-
2-13
1
10c
3-
10-~1
1
1
3-
'
3-15
$1.75'
3-
3-
$50c
(quar.)
Southwestern Life Insurance (Dallas) —
Increased
(quar.)
$1.75
3-15
20c
62V2C
Shovel
7%
Timken
50c
.
25c
Quarterly
Thompson Products
$30c
$1.12Va
,
1
$1.12 V2
1
(The)
3-
2-13
Southland
—
Fair—$ee Fair
3-15
2-18
3-
3-10
preferred
Thomastor. Mills
2-13
Southwestern
......
Thew
1
1
3-24
(quar.)
Co.
Gas
convertible
1
3-
3-15
5-
75c
(quar.)___i—
1
3-22
4-12
4-
preferred
1
1
3-15
3-31
25c
common
3-
3-15
3-15
90c
Inc.,
3-
4-
Oil
Service
3-
3-15
1
40c
Public
3-15
3-15
3-31
25c
3-15
60c
2-18
2-27
——
(interim)
&
3-15
SI
1
:
The
$$1.25
1
Inc., com. (stock dividend).
One
share of Dorset Fabrics for each share held
2-28
75c
1
(quar.).
Coal
50c
(quar.)
3-
Textron,
3-15
$1.25
3-
pfd.
3-10
2-14
Railway Co., common (quar.)——
preferred (quar.)—
r_
non-cum. preferred
(quar.
5-
2-10
Pacific
50c
Z
non-cum.
$3.75
Rockwell
(quar.)lL
(quar.)
(quar.)
Southern Natural
4-
25c
—
Myers,'Inc. $1.50
1
75c
(initial):
California
12Vic
Richfield Oil Corp. (quar.)
Rochester Gas & Electric, 4%
A
Southern
2
•
$4
Robbins &
Texas Southeastern
California Edison—
$1.31%
(irreg.)
(H. H.)
Texas
2-28
25c
(quar.)
Southern
25c
_
Robertson
2-20
1
2-14
tl2V2C
Extra
$1.25
Iron
Bag
preferred
15c
Dry
preferred
&
Sugar
preferred (quar.)
$1.50
Goods, common (quar.)
1st preferred (quar.)—.....
1st preferred (quar.)
1st preferred (quar.)—..
2nd preferred (quar.).——
2nd preferred (quar.)
2nd preferred (quar.)—.
4%%
3-1
3-
1
J5c
—
3-10
4-
1-30
4-
25c
i
3-15
.
1
125c
—
Sulphur
2-13
$1
(quar.)___—
3-9
25c
(quar.)
Controls,
(quar.)
Gulf
Textiles,
(quar.)
3-
50c
Texas
4%
2-16
1
t50c
Producing
9
2-15
2
4-
56V»c
(quar.)__
—
1
4-
2
3-
30c
Gulf
Extra
3-
15c
Co.__——
25c
—
Greyhound
.—
Corp.
pfd.
preferred
1
50c
Brewing
Corp.
(quar.)
4-
1
3-10
2-27
$1
(quar.)—
common
Co.
3-13
5-
1
3-20
3-15
$1
Carson, Ltd.—
preferred "(quar.)
$1.25
—
3-
$1.25
(quar.)
Co.__
convertible
Texas
2-25
3-31
HV2C
-■
(increased quar.)
com.
com.
Texas
2
2-15
3-15
50c
25c
50c
Rico
——_
Robertshaw-Fulton.
3-
2
1
75c
(quar.)__
——
25c
(quar.)
common
preferred
Porto
4.88%
_
prior preferred A (quarj
Revere Copper & Brass, common—.—,——
5V4% preferred (quar.)
...
Riegel Paper
Tennessee
4-
2-34
3-
10c
quar.)
1
Tennessee
2-20
$$1.75
Electric
4-
______
Extra
3-10
1
3-22
(quar.)
15c
Investors Fund, Inc.—
preferred A (quar.)
preferred B (quar.)—'
Republic Natural Gas (initial)—_———„—
Republic Petroleum (increased)———...—
Republic Steel Corp. com. (quar.)——.
6%
Co.
1
3-
(irreg.)
Carpet Co., com. (quar.)
4-
Republic
7%
4-
1-16
3-2.2
1
37VaC
(quar.)__
(quar.)
Taylor Pearson &
25c
—
$1.12Va
$^.50 preferred (quar.)——.—
Richardson
Tappan Stove
2-25
3-22
1
3-
25c
,
preferred
20c
—
convertible
Carolina
Southeastern
7%
2-25
2
1
4-
40c
(G.)f Ltd.,
Extra
2-25
(quar.)
(quar.)
Paint & Varnish
preferred
South
■!!7%
3-15
t20c
Society Brand Clothes
Socony-Vacuum Oil Co.
3-16
*..7%
3-15
Tamblyn
Canada—
preferred
(Alsop)
2-16
1
Sons
&
2-27
7%
3-31
$50c
(quar.)
(s-a)
Sloss-Sheffield Steel
1
>7%
3-15
3-15
2-25
(quar.)
Preferred
1
4-
preferred
Inc.
1
3-
4-
1
15c
1
5%
2-28
50c
(.quar.)
^
Corp.
3-15
I
Co.
(quar.)
4-
4%
3-10
2-18
15c
quar.)
(quar.)
(James), Inc.
Talon,
4
3-15
25c
preferred
(increased
4-
;
Tool
Texas
common
preferred
preferred
4-
25c
A
3-15
^
Skilsaw, Inc. (quar.)
Sleight (M.) Ink Co. (111.),
3-15
...
3-
1
120c
(quar.)
preferred
$1.12 V2
(quar.)—.;,
(quar.)__^
Sio.ux City Gas & Electric
3-
Co.
3-15
2-28
4-
25c
(quar.)
Gold
15c
,
25c
Oil
4Va%
Singer Manufacturing (quar.)
$$1
Ranch
2-19
15c
2-21
3-12 ;
+40c
preferred
87.V2C
Rice-Stix
3-10
Co.
(quar.)—
Rice
Talcott
25c
Ltd., 4%% pfd. (quar.)—
(H.) & Sons, Ltd. com. (quar.)
5%
3-5
4-
$25c
1
conv.
41/2% preferred
2-18
2-27
3-25
1
25c
(quar.)
Oil, 6%
$1.13
Simpsons,
9-
Reymer & Brothers (quar.)—.—
Reynolds (R. J.) Tobacco Co.—
3 <6%
preferred
(quar.)
Rheem Manufacturing Co., common
1
quar.)
(irreg.)
Simplicity Pattern Co.
3-15
—
6%
3-
(irreg.)
Publishing—
Simmons-Boardman
2
Co. Hill.) com. (quar.)——
preferred (quar.)
Remington Rand, Inc. com. (cash dividend)-
<
Taggart
25c
Dairies, Ltd., class A
(interim)
2-16
$40c
6%
2-18
Class
3-15
3-
25c
(increased
Tacony-Palmyra Bridge
2
1
3-12
56c
(quar.)
(quar.)
preferred
$1.25
1
2-
—
(quar.)—
...
1
2-13
4-
$1
23c
Co., class
1
(quar.)—.
$40c
(quar.)„
——$40c
dividend
3-
(quar.)
of
(initial
1
30c
Reliance Mfg.
Stock
25c
Signal Royalties Co: class A *(quar.)
Signode Steel Strapping Co., com. (quar.)
5% preferred (quar.)
Silknit, Ltd. 5% preferred (quar.)..
Simon
pfd.
Co.
$2
—
Corp
preferred
3Va%
5%
4
3-
__
$1.60 non-cum. pfd.
Reliance Grain, Ltd. 4%
3-10
(quar.)
25c
Regent Knitting Mills, Ltd. com. (interim)
$1.60 non-cum. preferred
(quar.)
preferred
2-
1
(quar.)
Corp.,
3-
—
non-cum.
1
1
Power—
$25c
(s-a)
—
non-cum.
33-
3-1B
25c
common
Mines, Ltd.
Syracuse Transit Corp
4-
25C
Paper
Co.
Sylvanite
10c
Silverwood Western Dairies, Ltd.—
5%
preferred
iquar.)
Simonds Saw & Steel Co.
9
America—
$1.60
lie
1
2-J8
1
25c
Special
$20c
.
Guaranty Co.(L. A.)
Co.
60c
$3.50 conv. 1st pfd. (quar.)
"
87V2C
Radio-Keith-Orpheum Corp, ——..I—15c
Rath Packing Co.
(quar.)
35c
Raybestos-Manattan, Inc.—
37'/2C
Ray-O-Vac Company (quar.)——,—,
25c
Rayonier, Inc., $2 preferred (quar.)____—_
50c
Reading Co., 4% non-cum. 1st pfd. (quar.),
50c
Reading Tube Corp., class A (quar.)—
12V2C
Red Owl Stores, 4%% preferred A (quar.)_
$1.18%
Reeves Brothers, Inc. (quar.).
25c
Real Silk Hosiery Mills com.
(quar.)
15c
7% preferred (quar.)
$1.75
5% prior preferred (quar.)
_:
$1.25
$1.60
&
B
Silverwood
2-27
3-
$1.25
_
Refining
Oil
Class
2-27
3-15
25c
(quar.)
(quar.).
Oil
3-15
50c
,
common
2-12
3
3-10
4-
50c
(quar.)
(quar.)
preferred
Machine
2nd
&
2-19
3-
Oil, Ltd.—
50c
2-27
$1.18%
(quar.)
5% convertible preferred (quar.)
Purity Bakeries Corp. (quar.).
common
Purity Flour Mills,
Pyle National Co.
3-10
4%
Swift
3-11
2
$1
common
Swan-Finch
3-
$1.25
(quar.)
Coal
&
'50C
2-27
2V2V0
preferred
Pullman,
3-
t30c
Williams
2-18
I
3-1
2-24
fl5c
pfd.
pfd.
(quar.)
Co.
Mining Co.
Sunstrand
3-20
3-15
3-1
4-1
25c
(quar.)~-
Fuller
partic.
Sutherland
$0.2917
Corp
class
Signal
2-27
3-31
New
2-16
$1.75
>
—
_
com.
Mfg.
A
Sunshine
2-18
25c
(quar.)
preferred A
1
40c.
(quar.)__
&
1
3"
4-1
125c
Textiles, 4Vz%
(D. A.)
Class
3-20
3-
$19c
3-
1
4-
$1.12 V2
(quar.)
2-16
__
—
preferred (quar.)—
preferred (quar.)
(quar.)
Sherwin-Williams Co., 4%
Corp. of America—
Public Service Electric & Gas—
7%
Class B
3-15
4-
15c
OO.himon (quar.)
I'fo
preferred (quar.)
3-15
3-15
$2
_.
5
$1.12 V2
$31 V»c
preferred
2-16
4-15
$1.25
(quar.)
50c
50c
$1.75
—.—
(quar.)__
(monthly)
5
(quar.)
Ltd.
$5
prior preference
Stuart
Shoe
(quar.)
preferred
(quar.)
6%
3-
&
Sun Oil Co.,
(initial)
(Frank G.)
Sherwin
3-
2-25
3-15
131 'Ac
15c
Clothier
Bros.,
Baer
5%
2-11
3-12
&
Stonega Coke
Co-
Shenango Valley Water 5% pfd. (quar.)
Shepard-Niles Crane & Hoist Corp
share
—
1
--3-3
Supply Co
Stokely-Van Camp, Inc.,
4-19*
3-
Stix
2-27*
91ViC
3-29
4-1
60c
Stern & Stern
7-16
1
Co.
Shellmar Products
share
held.
Common
2-13
1
A
Corp.
Sheller
$1.06Yt
>
ZV2V0 .preferred
class
Common
Colorado—
(quar.)
Public Service Co. of Indiana—
Common (stock dividend) 1/20 of a
of Indiana Gas & Water for each
&
Shawinigan Water
2-27
3-
$14
1
5-
quar.)
Shattuck
8-
4-15
Led.—
;
Brothers Stores, Inc.
Sterling Drug, Inc. (quar.)
Sterling Motor Truck
4-16
3-12
,
2-19
4-
1
93%c
(quar.)
Materials,
Sterchi
6-15
55c
(quar.)
com.
Class A (quar.)
Servel, Inc., $4.50 preferred
Shakespeare Co.
2-20
15c
56 %o
—
(initial)
com.
1-30
5-
Fuel
Stedman
3-12
3-15
85c
Extra
,,
1
6-30
27 VaC
Service
common
Seismograph Service Corp.
2-20
—
pfd.
Water
preferred
preferred
Serrick
$2.50
___
Refining
preferred
3
1
4-
27 VaC
Seeman
Brothers, Inc. (quar.)
Seiberling Rubber Co. 4Vfe% prior pfd.
(quar.)
3-15
3-
Brook
A
Roebuck
5Vo
3-
4-15
60c
$3.65
Security Title Insurance
1
91
new
Service
3-
(quar.)_
Co
series
New
3-15
35c
—_____i___
4Va%
Public Service
3
62Vic
(quar.)—
A
Second
2-14
25c
pfd.
(quar.)
.1.1
I
Canadian International Investment
Co., Ltd., 4% partic. preference (quar.)
Secord (Laura)
Candy Shops (quar.)
Securities Acceptance
Corp. (Omaha) (initial)
Security Bank Note new com. (initial
2-13
Strawbrldge
75c
......
preferred (quar.)
Seaboard Oil Co. (Del.)
2-20
State
Association,
5%
Sears
1
Loan
2-20
2-20
15c
3-15
(quar.)
3-10
Iioldcia
Payable of Ree.
37VaC
...
Railway
3-10
49
125c
A
com.
Equipment Mfg.
Standard Wholesale Phosphate & Acid
Works,
Inc.
-When
Share
Ohio
preferred
conv.
75c
$7c
of
Participating
Standard
10c
5lA%
Scythes & Co., Ltd.,
2-13
40c
(s-a)
Co.
$4.50
2-13
3-
2-27
$1.10
Co.
preferred
Partic,
3-12
3-15
,
preferred
(quarJ
Scruggs-Vandervoort-Barney
3-15
1
3-31
37 VaC
4.10%
1
2-16
3-10
Common
3-10
1
1
4-
17 V2C
Lace
Scranton-Spring
2-27
3-
Oil
Paving &
Common (initial)
3-12
A
Manufacturing,
Scranton
2-18*
1
(quar.)
Pressed
Service
1
3-
—
(quar.)—_______
Car,
3-
3-12
37Vic
5%
Inc.
Prentice-Hall, Inc.
%
Scovili
2-15
1
(quar.)
3-15
3-
—
Mfg. Corp.—
1st pfd. (quar.)—_.
&
1
1
$1.75
Utilities
Providence
4-
preferred
1
3-31
(quar.)
Scott Paper Co., common
(increased)
$3.40
preferred
3-20
Ry.—
_
Lambert, Inc..
Producers
1
5V2 %
3-
t$1.75
...
Schwitzer-Cummins,
of Company
Standard
2-15
U7VaC
.
Remedial
(semi-annual)
Standard
1
25c
(increased)
iquar.) ■
Francisco
Ltd.
2-15
4-
15c
—__
Steel
4-
3-12 >
62V2C
Alexander, Inc. (quar.)____—
River, Ltd. (increased quar.)
conv.
4-15
25c
,
_
Corp.
5Vi%
2-11
$1.37 Va
Ashtabula
&
Power
&
1
25c
____
(quar.)
Steel
Preferred
3-
San
Per
Name
2-16
3-
$1.12 Va
com.
Mfg.
2-14
50c
(quar.)—
(quar.)
America
Co.
1
*75c
(s-a)
&
Food
3-
6
Holders
12 VaC
Joseph Lead Co. (increased).
Regis Paper Co. (quar.)
4.40 % 1st preferred series A
(quar.)
San Antonio Gold
Mines, Ltd
3-19
1
3%%
St.
2-20
2*
3-
12 Vac
St.
2-14
$1
Co
Potomac Electric
Powdrell
1
15c
.___
Erie
___
(H.
3-
53VaC
(quar.)
class
1
50c
(initial)
Youngstown
Co.,
1
1
4-
$75c
,
Coal
prior preferred
&
33-
Ltd.
Co. (quar.)
Aeronautical Co
Ryan
3-15
1
$1
(s-a)
Pittston Company (quar.)_
*
Plastics Materials Corp. (quar.)
Plymouth Oil Co. (increaseu quar.)
6%
3-12
4-
$1.25
Glass
preferred
$5
2-11*
25c
(quar.)
Forgings
Pittsburgh
Public
1
75c
Pittsburgh Screw & Bolt
Pittsburgh Steel Co., 5% pfd. A (accum.)—
■
3-
Industries,
preferred
Russell
Chemical—
Plate
4 Va
4
2-16
(quar.)i___
Lake
&
Pittsburgh
Public
2-20
50c
*.
Consolidation
Pratt
3-
(985)
Payable of Rec.
37 Vac
5%
preferred (quar.)
Ruppert (Jacob) Co., common
4Vi'/o
preferred (quar.)
1
—
__
Pittsburgh
Pittsburgh
Pratt
5
1
_
(quar.)
com.
(quar.)
Pittsburgh Bessemer
Powell
3-
93%c
common
(quar.)
preferred
Porter
3-31
J75c
Pitney-Bowes, Inc.
Poor
5
3-
quar.)
(increased)
Pillsbury Mills, Inc.,
7%
1
3-
3-
Extra
5 Va
3-
When
Share
$1.50
preferred (quar.)..
Royal Crown Bottling (Louisville, Ky.) —
Common (quar.)
j.
20c
91 Vic
(quar.).
Phillips Petroleum Co. (quar.)
Phoenix Hosiery Co.
Photo Engravers &
Electrotypers,
$5
1
3-31
Company
Theater
25c
—
(increased
common
preferred
Roxy
1
25c
common—
(quar.)
4-
$1.50
-
Philadelphia Suburban Water,
3-
Name of
2-10
1
25c
(quar.)
Philadelphia Germantown & Norris RR. (quar.)
Philadelphia Suburban Transportation (quar.)
■
1
4-
30c
.
preferred
3-
;r
CHRONICLE
Per
Payable of Rec.
25c
$1.25
——
FINANCIAL
Holders
$1.50
1
Philadelphia Electric Co., common (quar.)—
$1
When
&
*
non-cum
preferred
(quar.)
J
\-.v
50
'
(986)
When
Per
Name of
Company
United Steel
Corp.,
United titove
Share
,
Co.
Ltd
3-30
5c
Universal
Pictures, AV*'/e
Universal
Products
Universal
3-30
3-20
50c
4-15
25c
$1.06Vi
3- 1
3- 1
4- I
2-13
2-16
40c
3-12
22V2c
15o
35c
$1
62'/2c
62 '/2c
62'/2c
62V2c
$1
$1.37'/2
3- 1
3-12
3- 9
4- 1
7-1
10- 1
1-2-49
3- 1
3- 1
2-16
3- 1
3-5
2-27
3-20
6-19
9-20
12-21
2-20
2-20
3-20
3-10
preferred (quar.)
Utah
Power
Utica
prior
5%
&
prior
prior
—-—_
(quar.)
Co._
Knitting
5%
5 %
(quar.)
;
preferred
converuoie
Walton
pid.
Co
Co
Light
Co.,
—
common
preferred
preferred
preferred
<quar.)__
(quar.)_
(quar,),._
.
5%
prior preferred (quar.) ...
Valley Mould & Iron, common—
$3.50 prior preference (quar.)
Van
Van
New
w
Verney
Mfg.
Co.
Victor Products
(quar.)
Corp.
(quar.)
__
Virginia Coal & Iron Co
Virginia Dare, Ltd., 5% pfd. (quar.)
Virginia Elec. & Power, com. (initial quar.)
$5
preferred
Virginian
(quar.).
Railway
Co.,
(quar.)
common
Class
B
4y2%
preferred
Wabasso
Extra
Walt
conv.
Mines, Ltd.
Net
$1,810,761
20.534
$1,831,295
791,475
$1,244,610
$1,039,820
440,030
440,030
$4.50
5
8- 2
to
production
3-31
DEC.
AT
31,
2-14
Serial
bonds, 3Vb%
Gaslight Co. first
bonds,
4-
1
3-10
3-12
"Subsequent
Jan.
2-16
(Hiram)
$1
to
stock,
Dec.
1949
1,
to July
a
167, p.
Brothers
Warren
Pictures
(Northam)
$3 convertible
Warren
(8.
$4.50
D.)
37'Ac
(quar.)
Motor
Wellington
Wellman
Fire
(quar.)___
Co.
25c
$5,199,500
1
$1
3-
1
will
1,000,00
3-
1
of
1
of
17V2c
3-20
3-
25c
3-25
3-12
5
35c
3-10
4-
1
3-15
4-
1'
3-15
„
(quar.)_
2-25
3-10
4-1
3-15
2-25
75c
3-
1
25c
3-16
2-28
50c
4-10
3-25
com
$1.25
4-
1
5%
preferred
(quar.)
$1.25
7-
1
Westinghouse Air Brake Co
Westinghouse "Electric Corp.,
50c
(quar.)
Weston
3-
1
3-
1
2-10
50c
pfd.
Wheeling & Lake Erie Ry.,
5y2%
preferred
conv.
called
for
3-10
3-
1
1
White Villa
Grocers
Maohine
Whiting
May
(Wm.)
common
1)
$1.37y2
5-
3.
Products,
2-14
Net
2-24
4-15
4-
3-
1
Winn
&
preferred
Lovett
Grocery
3-
Wisconsin
Woodall
5%
Co.—
3-19
2-27
3.
1
2-15
3-1
25c
W.)
&
Co.
beneficial
4%%
4V*%
3-10
3-
3-
1
*
3-15
31:%c
3-1
(qu~arZ)___II
$1.75
(quar.)
Net
n.ia
9
from
iJ®
a
Less
xLess
tax
3-
30%
William
G. Heller,
and
General
Manager;
Heller.
163,
and
Treasurer;
Sr.,
.
"
President;
John Fur-
1
RR.
1946
$2.96,877
232,204
1947
$316,331
286,132
—
„
railway—_
■
Power
$64,672
<
29,437
*
$14,100
$35,235
issue
of
-
—
.
>
,
Li?ht Co.—Bonds
&
Feb.
on
.
Awarded—^
to Halsev, Stuart & Co. Inc. and
30-year bonds on a bid of
25 awarded
1st mtge.
$3,000,000
3'/8%
a
Weld &
Peabody & Co.,
and Kidder,
Co.
subject
Reoffering,
coupon.
100.601; Harris, Hall
bid are
with
Blair
and
Co.
&
Illinois
Co.
V
,
'
•
,
Stock—
;
York
New
Curb
Exchange
(par $100)
at $100
fixed
no
(flat)
announced
from
$2,535,064
$3,085,608
"180,845
*7,303,160
*16,045
*1,302,712
2,597,864
39,990,009
railway_„
58,313,695
1-30
3.
j
2-10
Gross
3"
1
2-10
Net -from
3-
l
14,036,807
Net
5,202,283
10,333,606
s.
3- 1
2-27
ry.. oper.
i
"
„
(quar.)
\
2-1S
i0c
2-28
2-14
10c
22g
214
3.15
3_
37y2c
4-30
4-2n
7-31
7-20
3i
3?y2c
•
3-15
Z
7=
3-15
3-
x
Jamaica income tax.
93,379
113,495
22,304
*21,472
3,716,225
126,716
48,235 i
;
167,
.'
•'
718,488
211,122
262,853
inceme___
167,
34,462
3
264,094
•
/ 993,749
. 382,321
-5,586,048
1,986,314
3-1
Westinghouse
a
production
-
Corp.—Home
a
December
on
record,
the part of
we
Pointing out that
in
effect,
orders
house
increases
monthly
new
house radios than
non-residents' tax.
Hon-
Electric
Radio
for
our
could
even
output
above
of 70,000
the
table
original <194?
and
console
plans,radios,
was
manufacture," the report said
with-the increased manufacturing quotas now
(iistributors already had
placed substantial
quarter production, the report indicated that Wesiingprobably continue in short supply with low dealer,
would
during
a
good
part of
this year.
inc".
Months to
income
Dc-c.
:
v
.
■
;$1.40
->iV. •••
"
•
r,■
v
;.
•
;•
£
r'
"
%
|"
1647 ".
'
1946
from:
'
t
sales
$5,115,564
5.050.187
$5,677,302
7.213.596
^
completed
"Partly
$2;449,284
276,049
$1.77
•'. ■.%
31—
accrued
*•'; 1046,-;
349.351
taxes)
'
,
•;
Completed
+.
State
Corp., York, Pa.—Earnings—
contracts—
__ll______Z___^___
$12,860,898
providing for income taxes.,—.___
1.541.409
____v
before
income
$10,165r?51
♦
654,863
^
243,000
*
$411,883
taxesl_____—._—__—613,688
SS27.72L
Earnings per share of preferred stock
$5.80,
Earnings per share of common stock
$0.90
Orders booked during the quarter^————$9,358,085
Earnings
marked by a continuous strong
distributors and dealers for more Westing¬
year
90.
&
t
v- "'. j -•
:i947
■
$2,&"58,721
etc.)—_
T
Division
■
Westinghouse
first
radios
inventories
the
well
Co.—Earnings—-*■;»
share_l__
common
p.
Total
The Westinghouse Home Radio
Division, establishing a^-n«W'i,production
record, manufactured more than 500,000 radio receivers with a
factory billing of $22,500,000 during 1947, F. M. Sloan; Division Man¬
ager, announced in a report on Feb. 12 which summed up 1947 opera¬
tions and revealed plans for
exceeding this production record by 50%during 1948.
culminating iq
6.
...
523,357
477.
p.
Sets New Production Record—
"Despite
_
allowances,
Fed.
'•;•
York
Gross
.5,069,571.
returns,
(after est.
per
Estimated
1
,,
this dividend,
tax..
*
3,993,220
..
railway—
♦Deficit.—V.
2*20
10c
for
income
Income
(quar.)____
(after
sales
$457,242
0.04
25c
Net
2-27
2-27
+4r
income—_
$335,930
$205,770
48,595
railway_ru_-
from
„
(CST) March 1, 1948,
167, p. 890.
Yates-American Machine
—V.
1944
1945
1946
$329,941
From Jan. 1—
Net
3-15
1047
v
—
railway
from
•
portions of
to the unfilled
:6 Months Ended Dec. 31—
q
Net
of Alabama—Earnings—
railway
oper.
ry.
-
»
f
.
20,652,533
4,500,292
589.
p,
December—
2-23
3-15
Ry.
.
from
proportion
in
,
^
for by
first
subscriptions.
Madison, Wis.—V.
Earnings
Western
1-30
thereafter
*
has been established, if more
stockholders, allotments will
ratio
subscription priv'lege will expire at 5 p.m.
Net
8
3_2o
in
52,849,947
9,850,258
5,085,592
_
42,066,194
9,940,150
167*
"Deficit.—V.
$1.12*4
respective
The
subscribed
subscribers,
r
'
2-20
'
the
1,770,969
985,027
the
among
subscription, and
$4,656,438
1,483,602
shares-are
30,00$
made
*
share.
per
subscription
-
•
.
Feb. 19 that beginning
Feb. 19 the 4J/2%
preferred stock (par $100) would be quoted "ex,"
an offer .to holders of record at
the close of business on Feb. 16, to
subscribe to an aggregate of 30,000 shares of new 4 8/10'%
preferred
The
•
<
to
100.90; and The First Boston Corp., 100.779.
Halsey, Stuart <fc Co., Inc., in the winning
(Inc.),
Subscriptions to Preferred
1944
$4,039,201
_
_
income—
*
16,098
$30,159,
*.
—
_______'
an
for
Co.
$437,456
1945'
1946
t
'
Co.—Earnings—
Hydro-Electric
company
William
Co.- -Earnings—
1947
.
f
Linter,
W.
A.
2774.
p.
expenses
Although
Ne^ from railway
9
$1.12*4
pfd. (quar.)
are:
R.
167, p. 293.
stock
Net' ryvoper. income—
Gross
J^Und*' lefs 15% Canadl»n
Income
Heniy
lyre.
revenues___
Associated
228,300
$474,226
oper.
3-
iOc
(quar.)_
resident
British
Corp.
President
Vice
income
White,
$665,756
230,951
railway___
from
50c
(quar.)
(quar.
closed
$608,882
$705,177
Pacific
"
:
clubhouses.
A
easily portable
and
Melodigrand
Jr.,
children's rooms,
that it becomes
is
SEC clearance, is
expected at a price of 102.46 to yield 3% to maturitv on Jan. 1, 1978.
Gther bids received by company for its bonds as 3'bs were: Lehman
Brothers, 101.461; Salomon Bros. & Hutzler, 101.311; Blyth & Co.,
Inc., 101.31; Wheelock & Cummins, Inc., 101.093; Glore, Forgan & Co.
and Harriman Ripley & Co., Inc., 101.0637; Shields & Co.,
101.0539;
510,000
$589,351
income
?
last
Subsidiary
desk
music
deductions
102.01
23,209
demand
not
legs,
homes,
innovation
Treasurer.—V.
Associates
$1,118,882
22,157
3- 8
Young (L. A.) Spring & Wire Corp. (quar.)
25c
Youngstown Sheet & Tube
t,
Youngstown Steel Door Co
—25c
r«n
—V.
$642,547
rents
pay-
Payments
and Dec. 4, a year-end of $1.
"V.: '/
" v.V,;;v
earnings
Net
1947
$1,111,351
___________
share,
per
1948.
in a variety of finishes. The
perfect keyboard instrument for
the
as
country
the
Secretary.;
Net
$3,380,961
2,262,079
$3,873,105
—
Wysong & Miles Co,____
books
cents
19,
produced
be
promoted
this
the
of
will
of
Heller,
R.
Total
'
$683,020
ry,
Gross
ih
•>'.
,3-30
56'Ac
—
w,
75
The instrument, which will be
keyboard, weights approximately
Pratt-Read.
by
and
be
Wisconsin
a
2,761,754
December—
2-14
o_2i
3-5
25c
Extra
tpfwohlf
.'
rents
From Jan. 1—
wtmSxe/ (rT"C7™"~Z~:~::~~:""
•Transfer
will
feature
Operating
167, p. 589.
Net
-1
convertible preferred
on
•
revenue
income
Western
2-28
W£?leJw,(Wm-) Jr" C°" monthly)
6%
-Earnings—•
charges
Gross
(quar.)
prior preferred
conv.
innovated
the MINIVOX, has a 64-note
Wisconsin
1948
1
50c
Yellow Cab Co.. 6%
cents;
75
589.
pounds,
Assistant
be
'
preferred
Wyandotte Worsted Co.
1,
of
March
record
Dr 12,221
50c
Ltd.
Ry.
Net income
—V.
2-19
(quar.)
Wright-Hargreaves Mines.
May
"
dividend
a
of
:
' *
in proportion to their record
stock holdings, except that at least two shares will be alloted on each
20c
._,
prior
convertible
vote
°
r
2-16
♦Worthlngton Pump & Machinery Corp.—
Conunon
companies.
declared
i
of
Heller, President,
announces
the
organization of its
Melodigrand Corp., located at 409 Second Ave., N. Y. C.
is starting production immediately on the Model K
Officers
long,
purchase
4-15
j
30c
+50C
interest
have
apartments,
Henry
752.
p.
and
than
quar.)_
World Investment Trust—
of
other
of
additions
plant
for
••
19 in ratio of one new
will expire on or before
Rights
.
2-3
(s-a)___
—
Ctfs.
used
stockholders
by unscrewing
Cr45.886
a20».
Co.
will,
Dr8,848
.35%
(P. w.)
held.
G.
as
special
"
r
sub-
4-30
Bonus
Woolworth
be
March
record
for
3.
9oc
(quar.)
Ltd
167,
income
Fixed
Inc.—
Lothrop,_7% pfd.
Woolf Brothers, 4>/2% preferred
of
underwriting)
Metropolitan
Crl02.517
Gross
2-9
(quar.)
(F.
purposes.—V.
^
*
company
100
small
$15,000,000.
(net)________
Other
3=15
$i.i2ya
Woodward &
corporate
3-1
3-1
$1.50
Insurance
preferred
16
by
the
January—
facility
Net
"2-16
4-1
Woods Mfg. Co.. Ltd. (quar.)
Woodward Governor Co.
Woolworth
l
4-1
20c
(s-a)
(quar.)__
Industries,
convertible
3
25c
common
Power & Light
4%%, preferred
3-
$1.06>/„
,
(increased
Life
from
va'ilway operating income-
Joint
3-12
30c
.
(quar.)_____
National
March
indebtedness
$15,000,000
,
with SEC—
(without
share
shares
follows:
as
Operating
522,000
3_17
j25c
Wisconsin
meeting
bonded
borrow
to
Maryland
operating
Equipment
2-16
1
o5«i>refeITed iqUar,)
3.60%
..'v.../;
'
(Mo.)—To Increase Indebt¬
Co.
„
$0.22
Dividend—//
p.
new
known
1
4.
108.054
per
will
assets
to
instrument
statement
mortgage bonds due
Taxes
—15c
2
Power,
3
subsidiary,
The
_____
1
*1
(increased)
common
Electric
W
the
&
Inc._
Line, Inc.,
Wisconsin
of
Operating
Wilson & Company, common
**.25 preferred (quar.)
Wilson
Month
3-1
40C
82.836
S0.17
Winter & Co., Inc., N. Y. City—Forms New
registration
a
Operating revenues
Total operating expenses—
20c
(Mass.)—
(initial)
Mfg.
Ltd.: (quar.)
Wilsil,
Willson
for
Western
Co.
Lace
167,
The
2 20
1
$3
Paper Co
Corporation (initial)—
Wilkes-Barre
filed
annual
the
increase
used
be
50c
(quar.)
Whitaken
Wickes
4-1
will
being
Corporation
Whitman
New
75c
issue
(s-a)
Works
were
—v.
company
for
Inc.)
Co.—Registers with SEC—
20
the
at
proposes
2-10
common
on
to
2-16
3-
762,547
$1.54
$12
eight
directors
May
2-20
t$1.12y2
(quar.)
(this
redemption
75-Cent
year
March 5.
1946 on Jan. 15.
record
Output—
this
of
Co.,
-
83,130,401
stockholders
and
able
The
Life
Insurance
Co., to be evidenced
by 3'/8%
note payable half-yearly
each Jan.
1
and July 1 with the final payment due Jan. 1, 1968.
The money
will be used to retire all the $4,900,000 of 3'/4% deben¬
tures due 1955, to repay $4,000,000 of bank loans, arid the remainder
2-10
95c
•,
Westvaco Chlorine Products
.t-
!■'■■■
share
per
$15,000,000 Notes Privately—
stockholders
The
company
2-10
35c
Ltd., 4Va%
Fe'b.
Auto Supply
proposal
2-16
3-1
87V2c
(quar.)
Instrument—
(Geo.),
3-15
25c
common
preferred B
properties
Electric
&
Power
on
edness and Sell
*6-17
Electric
Co.—Weekly
the electric
1944
$4,460,896
Quarters Ended Dec. 31—
Western
3-18
preferred A
in
1945
1946
25 filed a registration statement- with the
shares of common stock (par $10).
The stock
at
Proceeds
30.
only
company
2-16
.
Stationery Corp.,
*
3-15
(quar.)
3.80%
and
10,
cents
2-25
$1.12»/2
$50c
__
25c
preferred
3%%
Dec.
on
1
Feb.
on
each
securities
with the
SEC covering $20 000,000 series M first
March 1.
1978; 50,000 shares of series B preferred stock ($100 par) and about
2,000,000 shares
(no pari
common
stock.
The bonds and preferred
stock
will
be
sold
at
competitive bidding.
Common
stock will be
offered under a subscription plan, with details to be filed by amend¬
ment.
Proceeds will l?e applied toward the payment of $4,000rQ00 of
bank loans and towa'rd construction expenses.—V.' 167, p. 890.
2-19
5%
Weston
by
for
April
890.
167, p.
The
2-19
3-
25c
Service, com.
1
$4.50 preferred
(quar.)
Westeel Products (extra)
Western Auto Supply (quar.)_
;_.
Western Condensing Co
<
year
»
31
839,860
$1.70
32,937
offered
scription
<
.
be
MINIVOX
2-13
25c
(initial)
Water
&
company
covering
The
to holders of
15
DEC.
ENDED
present capital of 495,000 shares.—V. 167, p. 293.
on
SEC
10-Cent Dividend—
10
fewer '
$9,258,453
'
Electric
Works
Water
West Penn
2-14
•
:
the
—V.
8-12
8-16
—25c
Tablet
Penn
MONTHS
12
share
per
:, ;The
'
13,495,000
8,000,000:
of
$618,824
27
some
ago.
FOR
Wilson-Jones Co.—Registers
3-1
4-1
3-
year
taxes—
"Based
(previously
week ended
21, 1948, totaled 104,805,000 kwh., an increase of 8.29%
over
output of 96,782,000 kwh. for the corresponding week of 1947.
2-25
$1.25
common
Feb.
2-14
15c
a
1947
-
1955
dividend
a
March
payable
•
output of
American
2-16*
3-15
$1.75
(quar.)_
.__
Virginia
Western
1
3-1
c
Virginia Coal & Coke (irreg.)_„
West Virginia Pulp & Paper (quar.)Jc
West
3-
20c
West
Special
2-14
$1.50
(quar.)
(quar.)_____
Gas
3-< 1
$1.12
(initial).
Co. (quar.)_____
Insurance (s-a)
West Penn Electric Co..
declared
paid last
was
2154.
p.
West
2-16
25c
Wesson Oil & Snowdrift, $4 pfd. (quar.)
West Disinfecting Co. com.
(quar.)
Ohio
1
Power
Engineering Co.___.
preferred
capital stock,
amount
like
—V.- 161,
3-5
3-
stores
752.
24
with
By
after expenses
William
Warren Petroleum Corp.. new com.
Waukesha
4-5
75c
1
(quar.)
Co., common (quar.)
preferred
the
Feb.
on
accomplished
been
$11,066,029
Net profit
2-24
Corp.—
preference
Washington Water Power Co. $6 pfd.
West
2-24
3-15
A
2-13
3-15
$i
(quar.)
_
Warner
$5
3-15
50c
directors
1947
S77G.258
has
operation.
Sales
40.000 shs.
1947, the company issued 82,103 shares
total of 510,000 shares outstanding as
31,
making
1948.—V.
31,
The
on
t37Vac
Mills
Extra
1948
25.76'%
in
:
Increase—
60,000 shs.
—
1,
Wells-Gardner & Co.—To Pay
2-16
3-20
1
Gooderham & Worts, Ltd.—
Quarterly
Wamsutta
...
3-15
4-
62V2c
170
"Earns,
2-10
40c
of
stores
the
share
3-15
J30c
Walker
than
427,897 shs.
series due
1970__
mtge. 5% 50 year
due
due July
notes,
common
37'/sC
increase
in
,,
...
eliminating weak dealers, strengthening and concentrating efforts on the balance,
the 143 associated
units now under franchise are producing a greater volume of business
1947
value__ 'y
par
.
Inc.—Sales
Stores,
at $100 plus $1,375
Y.,
N.
January—
$1.41
__.—
without
1
as of May 1, 1948. ;
Bank of the City of
National
Chase
The
;___
This
associated
and
value..
par
pfd. stock,
mortgage
Georgetown
gold
3-13
(quar.)
Auto
of
Sales
property.
CAPITALIZATION
at
11 Broad Street, New York,
dividends.—V. 167, p. 752.
.
White's
2-14
Co., common (quar.)
4% preferred
(quar.)
,
Walker & Co., class A (quar.)___
redeemed
be
for redemption
recently called
were
will
York,
Month
incident
taxes
income
in
cumulative preferred stock, without par value__'
General mortgage 5%
50 year gold bonds, due 1960—
4-22
3-15
of
cumulative conv.
Refunding
1
reduction
without
stock,
"Common
The
4-
estimated
OUTSTANDING
3-31
3*15
the
to
retirement
the
$1.88
share__—
common
per
^Equivalent
1
$599,790-
$804,580
Balance
Earnings
production at the Sunbury
89.
p.
RESULTS
3-
$2
__
Shares
323,300
$4.25
5
stock
preferred
on
2-13
Walgreen
*
accrued
$2,128,741
884,131
deductions—
income
Dividends
3-
1
50c
____
825,090
34,700
■
——.—
r—
other
and
4-22
_l__w
893,568
196,204
298,900
$2,170,463
Z)r41,722
to natural gas—-■
for conversion
income
Gross
Interest
3-15
3-25
5-
J$i
1-
New
taxes____.
income
and
under development for early
167,
which
952,023
—T
___—
income
3-15
(s-a)____
Corp.
stock,
908,850
959,015
—--
operating revenues
$4.50
_
-—
Federal
prov.
Net
3- 1
(quar,)„__
Production, Inc.—
preferred (accumj
Walte Amulet
C8pec.
$1
___
Disney
6%
Ltd.
Building
*
increases, will be presented in Philadelphia, f
other
television
areas.
Other
television
production
now
Wheeling & Lake Erie Ry.—Redeeming Preferred—
909,458
for
Provision
50c
_________
in 1948 will be the
report stated. The
the
The company on Feb. 23 announced that it will begin immediate;
redemption of 102,139 shares of bVz'/c cumulative convertible preferred
_
-—•—$16,335,733 $14,598,703
—
10,908,125
9,743,979
-
-—
General taxes
20c
common
(annual)
Cotton,
Wacker-Wells
Operation expenses
3-15
'
50c
____
Co.,
rceiver,
Washington,
are
plant.—V.
Maintenance
2-19
2-18
6- 1
3- 1
6- 1
3-15
4-15
7-15
3- 1
3-20
6-21
(increased)
_
3-12
3- 1
6-21
Vogt Manufacturing Corp.____
Railroad
as
and
Boston,
>
_
-
Depreciation
2-16
3- 2
3- 1
62J/2c
37Vac
37V2c
50c
6%
6%
Wabash
York
2-11
30c
:
preferred (quar.)
preferred (quar.)
Viking Pump Co—_
Visking Corp., class A
a
Subs.)—Earnings—
Washington Gas Light Co. (&
12 Months Ended Dec. 31—..."
Operating revenues
2-13
2-13
3- 1
3-
$1.25
$1.25
(quar.)
$5 preferred
1
3- 2
3- 1
3-15
3- 1
75c
25c
tl2c
30c
15c
$1
13lV<c
(increased)
Ltd.
Co.,
Chemical
Vick
4-1
50c
1
Steel
Carp.
Viceroy
dividend)
cash
Division
the
lor
model
i«l, a console with a ll>-inch tube
Chinese C'nippendale cabinet, has been introduced in New
housed.in
(Continued from page 12)
Other
(initial
Alloys
development
new
Westinghouse .television -receivers,
of
television
models
Inc.—
Co.,
common
Vanadium
:
Co
Norman
Raalte
_—
lirst
Investment News
Winding Co.—
90c
Upson
(quar.)
Co.
line
new
Corporation and
2-27
25c
insurance
General
3-10
—
_
United "Waiipaper, Inc., 4%
Universal
Outstanding
Holders
Payable o) Rec.
tl2y2c
^
Monday, March 1, 1948
FINANCIAL, CHRONICLE
&
THE. COMMERCIAL
tContracts
eluded
in
"
-
uncompleted
gross
on
income
Dec. 31
and not in-
L_
:——.
—_—„
,
$0.44
$8,432,358
•
16.312,899
,
-
portion of the company's sales are classified as con¬
tracts. -It has consistently been the practice in annual earnings statemcnts to include
such sales,, ana earnings thereon, onljr if the -contract is 85%
or
more
complete at the year-end.
Interim earnings
statements, however, include sales and earnings in proportion to the
stage of completion of each contract anticipated U> be 85% or more
complete at the year-end.
Sales and earnings on orders not treated
as
contracts are recorded when billed on both interim and year-end
*A
*
substantial
statements.
lor .accessory
until
.
-
21,473,480
+Does
not
include
orders
on
hand
equipment, supplies and service
shipped.—V. 166, p. 996.
from
distributors
*
<
.
and
which are not recorded
<
r
.Volume 167
THE COMMERCIAL
Number 4677
State and
&
FINANCIAL
CHRONICLE
(987)
51
City Department
BOND PROPOSALS AND NEGOTIATIONS
able to the Chairman of the Board
ARIZONA
'
\J,
:
/
...•
t: '
No. 4, Ariz.
Sale
J,
Details—In
tion with the
connec¬
sale of the
Esparto Union High School Dis¬
trict, Yolo County (P. O. Wood-
$300*000
&
Co., of Phoenix, and "Associcates, as reported in our Feb. 9
issue—v. -167, ' p:V694—we learn
that the bonds
sold at
were
.interest cost of 3.096%.
:
•
did
not
ARKANSAS
to be held
Feb.
10
elec¬
an
the
the
approve
voters
issuance
of
Fairfield, Calif.
-
Election—At
Bond
election
an
onApril 13th the voters
consider
will
issuance
the
of
$125,000 improvement bonds.
City High School District
(P. O. Los Angeles), Los
:) Angeles County, Calif.
Bond Offering — Earl Lippold,
County Clerk, will receive sealed
bids until 10 a.m. (PST) on March
9 for the purchase of $1,000,000
building
bonds. Denomination $1,000. Due
Oct. 1, as follows:.$85,000 in 1948
and 1949; $48,000
from 1950 to
1959 inclusive, and $50,000 from
1960 to 1966 inclusive.
Principal
and interest (A-O) payable at the
County Treasurer's office or at
any of the County's fiscal agen¬
New York
City, at holder's
A certified check for 3%
.
will consider the issuance of $1.OuO,000 construction bonds»:^'':^i:.!
;
:.JCALIFORNIA'/
Alamitos
"
*
/
r
Dist.
(P. O, Santa
Ana), Orange County, Calif j
Bond Sale—The issue of
school
>
Sch.
to be held
April 13 the voters
on
000
3s; at a price
of 100.344, a"basis of about 2.963%.
/■': Second high bid of 100.126 for 3s
was made
by the California Bank
of Los Angeles.
j
••
'
•
vx
...
1:
;
'?'•>&.& V'-;-}
•
-Af*
Belmont, Calif. ~
Bonds;Note Voted—At an elec-
■'
-
-.
•1
■
tion held
on
Feb. 3 the voters
jected the issuance of $90,000
,
x
> ,8
Dated March
clusive.
rec¬
<
1
-'.i
.
the
issuance
Election—At
election
an
County
School
000
to
not
exceed
bonds, divided
as
Plainfield
purchased
was
Co.,
r
,
,
of
by
John
Nuveen
quired.
Chicago;
Stranahan,
Harris & Co., Inc., of Toledo, and
Kaiser & Co., of San Francisco,
Jointly, at a price of 100.2767, a
net
interest
'.follows:
Pleasanton, Calif.
Bond
voters
bonds.
1955;
2.7852%,
and
as
$15,000
in
1956;
$15,000
23/4s,
$195,000
in 1957;
-
elusive.
-
/Dated
June\ 15,
^ Principal and interest (J-D)
1
*
v
1947.
*
;
pay-
able at the
Darted
A
fice.
.
check
for
order
«"
Board
$1,000,
of
of
vv' quired. '
payable to
of
^
Dist., RiversideCounty (P. O. v<
Riverside), Calif.
■*£'.Bond
>
•
-•'
sealed bids until 10
>:
.
Francisco
will
be
'.National City, Calif.
.-
<-
.
urer's
office.
The
bonds
will
be
sold for cash only and at not less
.
than
,
Each
,
,
par
bid
and > accrued interest.
must state the bidder
offers par and accrued interest to
the
date of delivery and
state
.
separately
the
premium,
if
any,
offered for the bonds bid for, and
City Clerk, Will receive sealed
exceed 4^2% interest sewer bonds
1, 1946.
De¬
nomination $1,000. Due May 1, as
follows:
$18,000
from
1953 to
inch; $19,000 from 1957 to
1961, inch, and $20,000 in 1962 and
1963. Bidder to name a single rate
of interest, expressed in a multi¬
ple of Yi of 1%. Principal and
interest
(M-N)
payable at the
City Treasurer's office. A certi¬
1956,
fied
check
for
3%
of
the
bonds
bid
for, payable to order of the
city, must accompany the bid. Le¬
bear. A certified check for 5% of
gality of O'Melveny & Myers, of
Los Angeles, will be furnished the
successful bidder. Bonds are part
the amount of bonds bid for, pay¬
of
the rate of interest the bonds shall
•
,
from
1
1950
to
an
purchase
price of par.
authorized issue of $375,000.
above
of
the
in
named
Bonds
held
at
a
*
Voted—At
27
Jan.
on
issuance
the
proved
of
Schoot
Creek
District,
County (P. O.
Martinez), Calif.
Election—At
an
to
167,
York,
as
basis
Taylor
& Co., of New
I V2S, at a price of 100.029,
of
March
about
1.
$1,000.
891—were awarded
p.
1.494%.
1948.
on
March 1 from 1957 to 1964
the
at
County
Treasurer's
(•
*.
»
•
Riverside
County School Districts
(P. O. Riverside), Calif.
Bond
will
Election—At
on
$410,000
an
election
March 16 the voters
consider
the
Corona
issuance
Unified
-of
High
School District bonds, and $125,Corona Eastvale School Dis¬
000
trict bonds.
.
Bond
Election—At
to be held
on
an
election
March 2 the voters
Will ; consider
the \ issuance
$435,000 construction bonds.
of
;
Jose
Unified
School
District,
Santa Clara County (P. O.
-
San
Bonds
held
on
Feb.
an
l7: the
election
voters
ap¬
proved the issuance of $9,000,000
construction bonds.
follows:
1951
to
1958
inclusive.
Second
high bid of 100.264 for 1.60s was
made by Halsey,
Stuart & Co.,
Inc., New York.
Note
Authority, Conn.
Sale—The
$143,000 series
167,
M-l notes offered Feb. 24—v.
p.
891—were awarded to the Hart¬
Trust
1%
Co.,
interest, plus
of
a
Dated Feb. 25,
1948, and due Feb. 24, 1949. The
& Trust Co.,
of
Hartfyrd, second high bidder,
named
rate of
a
1.10%.
Securities Corp.,
York, jointly, as
I.80s, at a price of 100.09, a basis
of about 1.79%.
Dated March 1,
Equitable
of
New
Francisco Housing Authority
(City and County), Calif.
Note Offering—Sealed bids will
be received by J.
W. Beard, Sec¬
retary, until 10 a.m. (PST) on
March 2 at 525 Market Street, San
Francisco, for the purchase of $8,r
380,000 temporary loan notes as
follows:
;
"
t
i
+
t
-
4
I
v
I
/
■,»
;
*
-
'
I
J
,
1, 1947, and
3%s, hue
from
1950
to
1
from
1961
to
1964
in¬
to
19,77 inclusive.
foregoing
In addition to
rates, the 3%.%
have a supplemental
will
1
Y2 of 1% to and includ¬
ing Dec. 1, 1952, and the 3%s will
have a supplemental coupon of y4
of 1% during the same period.
coupon of
Members
—
In
addi¬
Ranson-Davidson Co.,
Thomas M. Cook & Co., the
and
following are also members of the
underwriting group: Paine, Web¬
ber, Jackson & Curtis of Chicago;
Shields
&
Co., New York;
Union
merce
Bank
Hornblower
of
Weeks
&
Com¬
Nashville;
of
New
York; Walter, Woody & Heimerdinger of Cincinnati; Herbert J.
Sims & Co., New York; Thomas
& Co., Pittsburgh; Lyons & Shafto
of Boston, and the Weil, Roth &
Irving Co. of Cincinnati.
Hillsborough County (P. O.'
Tampa), Fla.
Bond
Election—At
a
special
election to be held on April 13,
the voters will consider the issu¬
of
ance
$11,000,000 County School
construction bonds.
Miami
Beach, Fla.
Bonds Not Voted—The proposal
to issue $2,563,000 various purpose
failed
bonds
24
of
approval at the
not
election
due
the fact
to
enough eligible voters
participated in the referendum.
Walton County (P. O.
DeFuniak
Springs)f Fla.
Offering — Kate
Gillis,
Bond
Clerk
the
of
Board
of
County
Commissioners, will receive sealed
bids
until
on
March
20
for
the
purchase of $150,000 3^% coupon
1948, and due $15,000 on March 1 hospital bonds. Dated July 1,1947.
from 1949 to 1968, incl.
Second Denomination $1,000. Interest J-J.
high bid of 100.634 for 1.90s was Due $15,000 July 1, 1948 to 1957.
made by Dominick & Dominick
Principal and interest payable at
and Laidlaw & Co., jointly.
the City Bank Farmers Trust Co.,
New York City. The principal and
FLORIDA
L
' 'i
'
r
interest are payable from an an¬
Dade County (P. O. Miami), Fla. nual
levy of not more than 5 mills
Bonds Publicly
Offered — The on all taxable property in the
$3,000,000
International Airport county. The bonds have been val¬
idated by the Circuit Court of the
revenue bonds awarded Feb. 19 to
a
syndicate headed by B. J. Van county and the approving opinion
'
*
'
r
•
1
Ingen & Co., Inc., New York, as
3^29, at a price of 95.30, a basis of
about 3.76%—v. 167, p. 892—are
re-offered
writers
as
by
follows:
the
1948
under¬
to
1960
yield from 2% to
3.45%, according to maturity, and
1961 to 1967 bonds at a price
the
of
par;
term bonds aggregating
$1,600,000 and due in 1972 are
priced at par. The offering repre¬
major airport rev¬
enue
bond issue payable
solely
from airport income.
B. J. Van
sents the first
San
Dec.
on
that
Bond
Sale—The $300,000 ele¬
mentary school bonds offered Feb.
25—v. 167, p. 892—were awarded
to the Union Securities Corp., and
both
1
inclusive; $40,000 from 1954
to 1959 inclusive, and
$45,000 in
1960; and $925,000 33/4s, due $45,000
Feb.
Newtown, Conn.
the
$425,000
Dec.
1953
premium of $180.
Phoenix State Bank
serial bonds to
Jose), Calif.
Voted—At
as
$24,009 in 1950 and $22,000 from
being
San
Dated
Denomination
Due March 1,
of
on
Syndicate
Sale—The
Kean,
consist
tion to the
Bridgeport, Conn.
$200,000 series
refundihg bonds offered Feb.
26—v.
dated Dec.
are
bonds
election
CONNECTICUT
G
according to interest
of maturity.
The
date
and
the
<
March 9 the voters
on
The
—
ap¬
Contra Costa
Bond
Offered
clusive; $50,000 from 1965 to 1968
inclusive; $55,000 in 1969 and
$300,000
1970; $60,000 from 1971 to 1974
""
:
inclusive; and $65;000 from 1975
voters
;
construction bonds.
Walnut
election
an
the
3.70%,
rate
$35,000
bonds
Trona School District, San Bernar¬
dino County (P. O. San
1956
Elementary Sch.
Dist., Ventura County (P. O.
Venturp), Calif.
of 1946.: Dated May
bonds.
Denomination
1948.
com¬
San Buenaventura
bids until 8 p;m; (PST) on Mar. 2
for the purchase of $207,000 ii6t to
on
-.
group
a
was
office.
■'!
(PST) on
March X for the purchase of $725,000
not; to
exceed 5 % interest
a;m.
Dated April 1,
$1,000.» Due
April 1,-as. follows: $40,000
r from 1953 to 1970, and $5,000 in
'1971.:, Principal and interest (AO) payable at the County Treas¬
.
March
able
Bond Offering—Frank W. Rog¬
ers,
the
$350,000
bonds
fur¬
building
v
•
construction
to be held
nished the successful bidder.
;
Offering—G. -A.Peque-
County, Clerk,, will receive
gnat,
San
bonds
the
Hartford Housing
inch, and $20,000 in 1965. Dated
March
1, 1948.
Denom.
$1,000.
Principal and interest (M-S) pay¬
,
-
$1,000. Principal
and semi-annual interest payable
at the County Treasurer's office.
Legal opinion of Orrick, Dahl¬
Coachelta Valley Union High Sch.
t
O.
inch, and $196,000 2V2S, due $22,-
Supervisors, is re■
Denomination
of
ciated
with
Publicly
bidders reoffered the
bonds at prices to yield from 2%
to
Hartford, at
000
certified
Chairman
the
695—we learn that R.
ford-Connecticut
on
April
; $350,000 3s, at 1Q0.Q028<>r ^ quist, Neff, Brown & Herrington
^
(P.
Francisco; Harris Trust &
Savings Bank of Chicago,
and
Blyth & Co., Inc., of San Fran¬
cisco, at a price of 100.111, a net
interest cost of about 2.431%, as
follows:-$154,000 2V4s, due $22,000
1969 to 1973
inclusive.
1968
-'r'** check
•
»
-
bonds.
p.
Bonds
net interest cost of
a
successful
H. Moulton & Co. of Los Angeles,
and Blair & Co., Inc., were asso¬
of San
inclusive
certified
167,
—v.
posed of the American Trust Co.,
1,
1948. Due April 1, as follows:
$1,000 from 1949 to 1963 inelusive and $2,000 from 1964
to
District
'
County Treasurer's ofApproved as to legality by
Orrick,Dahlquist,-' Neff, Brown
& 'Herrington, of San Francisco.
: The next highest bidder was the
;
American Trust Co;, San Francisco, and R. H. Moulton & Co.,
.jointly, for ; $150,000 2 lks,
and
*
A
.
Bond Sale—An issue of
school
the.Chairman of Board of Su¬
pervisors, is required.
1
/
25,000 Stinson Beach School Dis¬
trict
School
•
plant
Calif.
for $5,000, payable to order of
maturing
$20,000 from' 1958 to 1966, and
$110,000 3s, maturing ,$20,000 in
1967; $15,000 in 1968 and 1969, and
$20,000 from 1970 to 1972, all in-
,
1968
$8,000 from
inclusive.
2V2S, maturing
15, $30,000 from 1950,to
to
issuance
Visalia), Tulare County,
awarded Feb. 24 to
1949
the
■/.'
v
Porterville
Dated-April 1, 1948.
April 1, as follows: $5,000
from
March^2 the
on
consider
will
special
a
of $125,000 sewage disposal
bonds.
Due
At
—
election to be held
interest
follows:
•
.
Election
Co., and Thomas M. Cook &
Co., of West Palm Beach, and As¬
3.746%.
Bond
March 16 the voters
on
167, p. 695—were
the Ranson-David-
son
sociates, at
Yolo*
election
17—v.
purchased by
cisco, for $90,000 as l3As, $105,000,
2%s, $60,000, 23/4s, and $110,000 as
3s, as reported in our Feb. 9 issue
Woodland),
an
Sale—The $1,350,000 rec¬
facilities bonds offered
Feb.
on
American Trust Co. of San Fran¬
a
140,000 Larkspur School District
$195,000
June
on
of
cost
Feb.
on
will consider the issuance of $63,000 construction bonds.
...
•
the
to
Bernardino), Calif.'
District,
Election—At
to be held
j 000 municipal
hospital bonds, and $18,000 Ross School District bonds.
Dated June 15, 1947. Due June
<v
$40,000 municipal airport bonds.
15, as follows: $13,000 in 1960
Central Contra Costa Sanitary Dis¬
and $5,000 in 1961. A certified
trict (P. O. Walnut Creek), Calif.
check for $1,000, payable to
Bond Sale—An issue of $500,000
order
of
the
Chairman
of
;. sanitary disposal system bonds
Board of Supervisors, is re,
School
County (P. O.
Districts
5%
bonds
will consider the issuance of $111,000 construction bonds.
Bond
S.
Jones, County Clerk, will receive
sealed bids until 11 a.m. (PST) on
March 1 for the purchase of $183,-
:to be held on April 13, the voters
: will
consider
the
issuance
of
t $250,000 water works bonds; $160,-
police station, fire station recrea¬
to be held
>
(P. O. San Rafael), Calif.
Bond
Offering .— George
Calexica, Calif.
connec¬
building
Daytona Beach, Fla.
reational
Francisco, Calif.
$365,000
and
J. Sims & Co.
Bond
Details—In
tion
Inc.; Clyde G Pierce
Corp.; Bramhall, Barbour & Co.
Inc.; Thomas & Co., and Herbert
rejected.
were
tion with the sale of the
Calif.
/Marin
Sale
1948.
Due
the notes
are
Davis & Co.
at which time
13
legality
approved
by
Orrick,
Dahlquist, Neff, Brown & Her¬
rington of San Francisco.
101.938.
; bonds:
$120,000
fire
equipment bonds, and $50,000 fire
station bonds. :'Av/.'fv"vA':; A
Bond
San
j
,
able at the City Treasurer's office,
Savings Asso¬
&
South
$110,000
awarded
was
Jan.
on
all bids received
$5,000 from 1949 to 1956 incl., and
$10,000 from 1957 to 1963 inch
Principal and interest (M-S) pay¬
of America
Bank
Trust
Board
24, as 2%s, to Blyth & Co., Inc.,
of San Francisco. Dated March 1,
1948 and due March 1, as follows:
interest
and
bonds
sewer
ciation, San Francisco, for 3s, at
of the
following
Bond
the
was
offered
Calif.
Patterson,
Bond Sale—An issue of
v
Due serially
1, 1948.
Principal
National
April 13 the voters
on
will consider
/vv' "J;
..
bidder
Dated
March
16,
Sept. 17, 1948. These
,
(M-S) payable at the City Treas¬
office.
The next y highest
election
an
of
Supervisors, is required.
Bid¬
name a single rate
of in¬
terest, expressed in a multiple of
y4 of 1% ,;
March 1 from 1950 to 1969 in¬
on
Chairman
the
der to
Wagenseller & Durst, of Los An*
geles, - as 23As,
at
a
price • of
100.016, a basis of; about 2.758.
re-
for, payable to
of
urer's
Election—At
to be held
:
•
';
Los Angeles
ing bonds offered on Feb. 10—
167, p. 694—were purchased by
Burlingame,; Calif.
;
:C Bond
y
bid
bonds
of
order
v.
reation bonds.
.
■
Bond Sale—The $116,000 build¬
.
.
:
of the
County (P. O. Los Angeles),
'Calif.
^awarded to Hill, Richards & Co.,
as
$100,-i
,
Sch.- Dist.,
Hudson
*'
was
bonds.,
sewer
1
of Los Angeles,
election
an
will consider the issuance of
$90,000
bonds offered Feb. 24
Election—At
Bond
$7,186,000 41st series notes.
1,194,000 42nd series notes.
not to exceed 5% interest
Guadalupe Sanitary District, Santa
cies in
Barbara County (P. O.
option.
Santa Barbara), Calif.
March 20 the voters
on
Voted—At
on
$140,000 construction bonds.
v
Little Rock School District, Ark.
■
Bond Election—At an election
;
held
net
a
Not
Bonds
;
tion
to be held
; /
'
land), Calif.
■
;
'school bonds to Kenneth A. Ellis
■
\
County High School District
Bond
'
Pasadena
Supervisors, is required.
of
Pinal
of Giles J. Patterson of Jackson¬
ville will be furnished to the pur¬
chaser
issue are:
A. C. Allyn & Co. Inc.;
& Co. Inc.;
Stifel, Nicolaus & Co. Inc.; Welsh,
Stranahan,
Harris
charge.
All bids
the
amount
of bonds
bid for the denomination
required
specify the time when
the bidder will comply with his
bid is in current money or in evi¬
dences of indebtedness against the
and
must
No bids will be accepted
plus accrued in¬
county.
for less than par
terest.
ized
These bonds were author¬
at the election held on Feb.
18, 1947.
Ingen & Co., Inc., has acted as fi¬
nancial
advisers
to
the
Dade
County Port Authority and its as¬
sociates in the underwriting of the
without
state
must
Williston, Fla.
Lyman,
City
Clerk, has drawn by lot and
calls
Bond
for
and
Call—Belle
payment on April 15, at, par
accrued
interest, $12,000 re¬
funding bonds of 1942, as follows:
t AS
52
THE
(988)
COMMERCIAL
$11,000 series A bonds, Nos. 13; Dated Feb. 26, 1948 and due June
15; 31; 40; 50; 60; 62; 66; 87; 30,1948.
98 and 109.
,
IOWA
1,000 series B bonds, Nos. 1 and
12.
Bank, Gainesville. Interest
on
-
ceases
date called.
County (P.
Carlisle), Ky.
to be held
connec¬
County hospital bonds to Russell,
Long /& Burkholder, of Lexington,
issuance
the
of
at
reported in our Feb.
$8,000 construction bonds.
GEORGIA
9 issue—v. 167, p. 696—we learn
Blairstown Consolidated Indepen¬ that
Almstedt
Bros.,
Bankers
Sumter County (P. O. Americus),
dent School District, Iowa
Bond Co., both of Louisville, and
'
Georgia
Bond Election—At an election Edw. G. Taylor & Co., of Cincin¬
Bonds
Voted—At an
election
held on Feb. 10 the voters ap¬ to be held on March 8 the voters nati,
were
associated with the
consider
the
issuance
of above
in. the
purchase of the
proved the issuance of $200,000 will
102.06,
as
.*■
.
.
Wayne County (P. O. Jesup), Ga.
Election—At
Bond
to be held
will
consider
$260,000
issuance
the
of
improvement
school
Bonds
held
Voted—At
Feb.
on
proved
f
'
*v
•
•
,
;'7'V
-
7'-
l«'
voters
ap¬
$35,000
of
H
jkind,
City
Clerk,
will
receive
sealed bids until 7.30 p.m
(MST)
on March 8 for the purchase of
$325,000
bonds,
consisting
of:
$220,000 water; $70,000 sewer, and
$35,000 swimming pool/The bonds
authorized at
election
an
on
Offering
Bond
District
Feb. 24 the
authorize
to
lighting bonds.
.
on
Dec.
will
receive
6, 1947.
held
7/^.7
i
;
Bond
on
Feb. 23—v.
167,
Bonds Not Sold—No bids
for
were
fire station construction bonds of¬
fered Feb. 23—v. 167, p. 695. Due
Feb.
on
clusive.
1
from
1949
.:v
to
1966
in¬
held
Voted
Feb.
on
proved
street
the
—
2
At
District, Iowa
>
Election-^-At
Bond
the
voters
issuance
of
ap¬
$74,000
to be held
the issuance of $150,000
incinerator
bonds, and; $75,000
swimming; pool bonds,
approve
on
,
election
of
above
in
Shiloh, III.
the
".
,
Bond Sale—An issue of
Evansville), Ind.
The
tax
$175,000
anticipation
warrants offered Feb. 26—v. 167,
892—were awarded to a group
p.
composed
of
the
Old
National
Savings
MASSACHUSETTS
t
it
j.
1
f
"
,
...
.
Braintree, Mass.
notes
awarded
offered
to
tional Bank
discount.
The
17
was
Merchants
the
of
Na¬
Boston, at 0.81%
Due
Nov.
on
15, 1948.
Bank of
National
Second
$300,000
Feb.
Boston, next high bidder, named
a
rate of 0.829%.
7
Note Sale—The $1,000,000 rev¬
anticipation
enue
Fall
River,
25
notes
were
1948
of
awarded
to
the
and
National
Shawmut Bank of Boston, jointly,
at 1.02% discount.
1948 and due Nov.
be
^
authenticated
Notes
to
as
Lynn, Mass.
gen-
Certificates
and
H. M.
—
of
Of¬
Wells, Secretary-
the
School
*
Board,
(CST) on April 2 for the purchase
$188,500 coupon serial bonds
$39,000 certificates of in¬
of
Second
was
National
$500,000
awarded
Bank
of
Boston, at 0.394% discount. Due
Nov.
10, 1948.
The Day Trust
Co. of Boston, second high
named a rate of 0.90%.
bidder,
Plymouth County (P.O. Plymouth),
Mass.
and
debtedness.
-
Note Sale—The issue of
the
Note Sale—The $300,000 tempo¬
rary
24—v.
000 school site purchase and con¬
tional Bank of Boston.
highest bidder
Trust
(P. O.
0,86%.
'
was
Co.,
The next
Middle^
the
Middleboro,
at
.'7
893—was awarded to the
.7;
7-;'
..vy
Bond
of
;.
election
public library building bonds,
National
MARYLAND
Prince
George's'County (P. O.
Upper Marlboro), Md.
District, Iowa
an
an
March 12 the voters
on
7
Washington Independent School
Election—At
Election—At
election
Bond
Offering
G.
—
Gardner
to be
hejd on March 8 the voters Shuggart, County Superintendent
will
consider
$185,000
site
the
issuance of
purchase and con¬
struction bonds.
KANSAS
Voted—At
Bonds
held
Feb.
on
5
an
the
school
bonds
of
Dated
1948.
March
election
voters
ap¬
proved the issuance of $40,000
municipal light plant bonds.
15,
1948;
Denomination
$1,000. Due $100,000 on March 15
from 1949 to 1968 inclusive. Rate
rates
or
of
interest
to
be
ex¬
pressed in a multiple of V4 of 1%.
Principal and interest (M-S) pay¬
at
able
KENTUCKY
of
at
0.343% discount.
Dated Feb. 25,
1948 and due $350,000 each on
Nov. 5 and Dee. 6,1948. The Mer¬
chants National Bank of Boston,
second high bidder, named a rate
Boston,
Schools,
lic
Kanopolis, Kan.
Bank
Second
will receive sealed of 0.36%.
bids until noon (EST) on March 9
Winthrop, Mass.
for the purchase of $2,000,000 not
Note Sale—The issue of $300,000
to exceed 5% interest coupon pub¬
notes offered Feb. 16 was awarded
of
the
Riverdale.
Citizens
The
bonds
Bank
are
of
to
the
Second
National
Bank
Boston, at 0.816% discount.
County (P. O.
Worcester), Mass.
The Bankers Bond Co. of Louis¬
of the bonds
Due $5,000 from Jan,
1,1952 to 1971, incl. Principal and
interest
(J-J)
Louisville
Optional
inverse
Trust
as a
payable
at
the
Commissioners
said bonds.
these
Louisville.
whole
numerical
or
in part, in
order
interest payment date
on
on or
any
after
prices.
Issuance
has been approved
of
these
bonds
by the State
upon
Under existing laws,
bonds
are
exempt from
State, County and Municipal tax¬
ation
in
Under
Co.,
endorsed
the
the
State
of
provisions
Maryland.
of
said
Chapter 406 of the Acts of 1947,
and the resolution adopted .by
the
County Commissioners, #on
Feb. 3,1948, provision is made'for
the levy of an annual ad valorem
tax
all assessable
on
Prince
to pay
property in
George's County, sufficient
.
the principal and interest
of
ance
$200,000 building bonds.
Richmond,. Mich. .7
"77,
Offering—Karl N. Hurt,
Village Clerk, will receive sealed
7 :
:
Bond
.
system
bonds.
Dated
revenue
Dec.
1,
coupon
1947.
De¬
nomination $1,000. Due on June 1,
as
follows:
$1,000 from 1949 to
1953; $2,000 from 1954 to 1958,
$3,000 from 1959 to 1963, all
incl. Principal and interest (J-D)
payable at the Macomb County
Savings Bank, Richmond. Bonds
maturing from 1957 to 1963, incl.,
and
redeemable at the option of
village, in inverse numerical
order, on any interest payment
date on or after June 1, 1954, at
par and accrued interest, on 30
days' notice by publication in a
paper
circulated
in the
State
which carries, as part of its regu¬
lar service, notice of sale of mu-'
nicipal bonds, and if registered
bonds are sold, 30 days' notice by
registered mail will Be given the
registered address. Bids shall be
conditioned upon the unqualified
opinion of Miller^ Canfiejd, Pad¬
dock & Stone, of Detroit, approv¬
ing the legality of the bonds. The
cost of such opinion will be paid
by the village. A certified check
for $600, payable to the Village
Treasurer, is required.
are
the
Stephenson, Mich.
Call—Herbert W. Corey,
Villiage President, is calling for
payment as of April 1, water works
Bond
of
bonds
the
village at par and
Dated
accrued interest.
1938.
from
Due
April 1,
April 1, 1948 to
1957, redeemable on any interest
payment date on or after April 1,
1948.
Said bonds should be deliv¬
ered to the
Village Treasurer for
payment.
Traverse
City, Mich.
Note Offering—C. L. Anderson,
receive sealed
March 1 for
the purchase of $65,000 not to ex¬
ceed
Clerk,
2%
March
will
interest
notes.
Dated
I, 1948. Denomination and
option
purchaser.
Due Aug. 2,
Payable at the City Treas-
the
1948.
missioners until 2 p.m.
urers
office.
The
notes will
awarded to the bidder j
be
whose bid
March 2 for the
(EST) on
purchase of $950,notes. Dated
March
9,
1948.
Denominations
$100,00Q;
$50,000;
$25,000
and
$10,000. Due Nov. 15, 1948. Pay¬
able
at
the
Worcester
County
Trust Co., Worcester, the National
to
000 temporary loan
premium offered, if any. Interest
on premium shall not be consid¬
ered as deductible in determining
the net interest cost, and interest
s"hall be computed from March 1,
1948, to maturity date. No bid for
Shawmut Bank of Boston
less than all of the notes will be
Chase National
notes
The
as
to
the
.
will
or
the
Bank, New York.
be
authenticated
genuineness and validity by
Worcester County
Trust Co.,
under advice of Ropes,
Gray, Best
Coolidge & Rugg, of Boston. The
notes will be delivered
March
9,
on or
about
1948, at the Worcester
County :Trust Co., Worcester, or
.
bids until
7:30
p.m.
(EST) on
March 1 for the purchase of $30,000 not to exceed
3V2% water
of
ville
and of the interest
Mich.
special
a
March 16
on
form of notes to be at the
Worcester
be received by the County Com¬
thereon, in accordance
with the guarantiee of the County
At
—
be held
bids until 8 p.m. on
issued
accrue
election to
City
vocably pledged* to the payment
to
V Bond Election
The Merchants National
Bank of Boston, next highest bid¬
der, named a. rate. Of 0.83%, plus
$1 premium.
15, 1948.
Bonds Offered for Investment—
offering for public sub¬
scription $100,000 23A% and 3%
unlimited
tax
county
hospital
Schi Dist.,
Beach
$150,000 each on Oct. 15 and Nov.
Note Offering—Sealed bids will
is
,
Harbor
of
said full faith and credit is irre¬
Kentucky
bonds.
Due
Upon the full faith and credit of
the County Commissioners, and
Caldwell County (P. O. Princeton),
Co., both of
1 Vzs, at a price
Bonds Voted — At an election
held recently the voters approved
the issuance of $10,000 fire engine
Dated Feb, 25, supply
10,1948.
notes offered Feb. 25
to
&
as
the voters will consider the issu¬
Fall River, Mass.
School District No. 52
Bonds
McDonald-Moore
of 100.072, a basis of about 1.473%.
Dated March 1,1948.
Bank, both of Opelousas, jointly,
uiness and validity by the Na¬
$355,000 as 2%s, and $144,000
tional Shawmut Bank of Boston,
as 3s,
as reported in our Feb. 2
issue—v. 167, p. 592—we learn under advice of Ropes, Gray, Best,
that the bonds were sold at par, a Coolidge & Rugg of Boston.
Pariah, La.
167, p; 893—were awarded to
the First of Michigan Corp., and
Detroit, jointly,
000
issuance
the
Evansville,-
Education.
for
(P. O. Alexandria), Rapides
struction bonds offered Feb. 25—
v.
will, consider the issuance of $90,-
consider
1953, at various premium
interest.
certified
a
of the par
value of
the bonds, payable to the Board of
will
election
Jan. 1,
Vk%
Enclose
will
an
Bank, Citizens National Bank and
the Peoples Savings Bank, all of
at
charge.
check for 2%
Salem, Mass.
,7 ;
Note Sale—The issue of $100,000
notes offered Feb. 25—v. 167, p.
Jan. 1, 1948.
Vandenburg County (P. O.
County welfare
out
to be held
Election—At
Bond
bonds, Denomination $1,000. Dated
INDIANA
—
-
to be held on March 8 the voters
on Jan.
Chicago.
Sale
and the Planters Trust &
District, Mich.
.
Abbeville), La.
,
1, from
1950 to 1959 inclusive.
Principal
and interest (J-J) payable at the
; American National Bank & Trust
Co., Chicago. Approved as to le¬
gality by Chapman & Cutler, of
Warrant
bonds to Charles F. Boagni
sewer
'
$20,000
3Vfe% road bonds was purchased
recently by Benjamin Lewis &
"Co., of Chicago. Dated Jan. 1,
$2,000
tion with the sale of the $499,000
Independent School
District, Iowa
.
our Feb. 9 issue—v.
696—we learn that Mason,
Moran & Co., of Chicago, were as¬
Due
In connec¬
—
Adrian School
Education
the B. M. C. Durfee Trust Co., of
Opetousas, La.
Bond Sale Details
Vermillion Parish
p.
purchase of the bonds at par.
of
,
offered Feb.
7;7- struction bonds.
reported in
1948.
2.82%.
of
will receive sealed bids until noon
$200,000 gymnasium construction
Okawville, III.
Bond Sale Details—In connection with the sale of the $150,000
sewerage revenue bonds to Chaniier Securities Co., of
Chicago, as
the
cost
A-O.
Treasurer
issuance
the
'•
.
election
an
$45,000 water~ sys¬
with
interest
net
a
MICHIGAN
any
Dated
fered
*
bonds offered on Feb. 18 were re¬
Bond
-
an
Board
of
will be
,
reasonable
a
loan notes offered on Feb.
167,
p.
893—were pur¬
chased by the Rockland Trust Co,
Manchester, Iowa
Covington), La.
of Rockland, at 0.78% discount.
Bids Rejected — All bids re¬
Bond Election—At an election
ceived for the purchase of the to be held on March 9 the voters Dated Feb. 24, 1948. Due Nov. 10,
19481 Payable at. the Second Na¬
$80,000
water
works
revenue will consider the issuance of $400,-
tem bonds.
sociated
at
St. Tammany Parish (P. O.
Voted—7-At an.election bonds.
held recently the voters approved
167,
wy,
March 8 the voters
consider
Bonds
the issuance of
Election—At
Bond
to be held
accepted.*
the
to
Boston.; v Telephone , bids
.
boro
Milledgeville, III.
-
167, p. 480—were purchased
by Felix M. Rives, of Shreveport,
March 8 the voters
District, Iowa
Ottumwa
held recently the voters approved
the issuance of $20,000 road im¬
provement bonds.
.
on
000 construction bonds,
jected.
LeRoy Township (P. O.
Capron), III,
At
19
$110,000 construction bonds.
Elgin, III.
Voted
Feb.
on
—v.
Will consider the issuance of $80,-
will
offered
bonds
house
iMn-^.g.^^.,
Bond Election ■*— At a special
incorporated bank or
trust company in the City of Bal¬ election to be held on March 4
timore, Md., Without expense to the voters will consider the issu¬
of
the purchaser. If the purchaser ance
$300,000
construction
\
'
shall specify any other place of bonds.
delivery, such delivery shall be at
Birmingham, Mich,
the expense of the purchaser. The
Bond Election—At an election
legality of this issue will be ap¬ to be held in April the voters will
proved by Niles, Barton, Morrow consider the issuance of $200,000
& Yost, of Baltimore, and the sewer and park bonds.
approving .opinion of this firm
Cold water School District, Mich.
will be delivered upon request, to
Bond Sale—The $200,000 con¬
the purchaser of the bonds, with¬
at
or
tax
Lincoln Parish (P. O. Ruston), La.
Bond Sale—The $700,000 court
election
Laurel Consolidated School
Bonds Rejected-—At an election
held on Feb. 7 the voters did not
,
LOUISIANA
Pineville
an
delivered
be
within
net interest cost of 2.868%,
El wood Consolidated School
election
an
surfacing bonds.
Bonds
a
'.'7
Delavan, III.
Bonds
100.076,
the
$200,000 not to
exceed 2% interest city hall and
of
on
Jan. 15, $5,000 in
1950; $6,000 from 1951 to 1954;
$7,000 from 1955 to 1957; $8,000
from 1958 to 1960; $9,000 in 1961
and 1962, and $58,000 as 3s, ma¬
turing $9,000 in 1963 and 1964, and
$10,000 from 1965 to 1968 inclu¬
sive.
Interest payable J-J.
892—were purchased by Halsey,
& Co., as IVas, at a price
basis of 1.226%.
ILLINOIS
Dated Feb. 1, 1948. Due serially
Colchester, III.
on Nov. 1, from 1949 to 1951, incl.
Bond Election—At an election
Principal and interest (M-N) pay¬
to be held in the near future the
able at the City Treasurer's office.
voters will consider the issuance The
next
highest
bidder was
of $10,000 fire engine bonds.
Paine, Webber, Jackson & Curtis,
for iy4s, at 100.0003. •
Danville, III.
received
cost
maturing
Stuart
of
interest
riet
a
follows: $92,000 as 2y2S,
April 1, 1948. Due serially
on April 1, from 1949 to 1973, incl.
Dubuque, Iowa
and interest payable
Sale—The $60,000 sewer Principal
bonds offered
p.
election
the
at
as
Hazel Doyle,
—
Secretary,
authorized
at
2.611%
will
Shawmut; Bank
the National
and
Note Sale—An issue of
purchase of $35,000 construction
bonds.
Dated March 1, 1948. Due
in 20 years. These are the bonds
election
an
voters refused
issue of $35,000 street
an
/
School 7
sealed bids until March 2 for the
Feb. 24.
Bonds Defeated—At
'•».
.
District, Iowa
G. R. Frecle-
—
r
.
Consolidated
"Cornell
IDAHO
Bond Offering
.
the
issuance
the
Moscow, Idaho
on
17
election
an
construction bonds.
(V
were
Independent School
District, Iowa
election
an
bonds.
-V:';
Cedar Falls
March 12 the voters
on
bonds
$127,000 construction bonds.
County hospital bonds.
bonds
they respectively
payable. The
as
due
office of the
Sale. Details—In
March 8 the voters
on
an
become
time after the sale thereof at the
election
consider
will
O.
tion with the sale of the $150,000
Election—At
Bond
Bond
said bonds
on
purchaser
Nicholas
Arispe Consolidated Schoot
District, Iowa
The bonds should be presented
for payment at the First National
Approving
Local Finance Officer.
legal opinion by Chapman & Cut¬
ler, of Chicago. <
.I .PiUmAWml.fni
Monday, March 1, 1948
CHRONICLE
FINANCIAL
&
Mauls una.
produces the lowest interest cost
the city after deducting the
considered.
Bids
shall be
condi¬
tioned upon
the unqualified opin¬
ion of the purchaser's attorney,
approving
the
legality of the
notes.
will be
cost of such opinion
paid by the purchaser. A
The
certified check for 2% of the total
par
value of the notes, payable to
the
city, is required.'
.
Volume
167
Number 4677;
■
MINNESOTA
THE COMMERCIAL
19 were purchased
..
'
Alexandria, Minn. / l
Certificate Sale
The $18,000
by G. H; Walk*
Co., of St. Louis, as 2s, at a
&
er
*,
•—
water
extension
fered
Feb.
on
certificates
The
of¬
697—
were
purchased by the Alexan¬
dria State Bank, and the Farmers
National Bank, both -of Alexan¬
dria, jointly, as 3M>s, the only bid¬
syndicate composed
Halsey, Stuart & Co. Inc., New
York;
Continental
Illinois
Na¬
able at the Peoples National
Bank,
Lakewood. Rate of interest to be
bonds
tional Bank & Trust
in
der.
bonds
Bond
pal
Dated Feb. 25,
election
to
be
the voters will
1948. Due on
25, from 1950 to 1959, incl.
Principal and interest (F-A) pay¬
able at the City Clerk's office.
Feb.
of
ance
in
bonds.
disposal plant
revenue
bonds of¬
fered
21
purchased
by
Feb.
on
the
First
were
election
voters
National
Bank, of
only bidder, as
2V4S, at par. Dated March 1, 1948.
Due on March 1, as follows:
$8,000 from 1949 to 1957, and $10,000
in
1958.
Principal and interest
(M-S) payable at the First Na¬
tional Bank of Minneapolis.
Minneapolis,
Mankato
of
the
Special
School
•
•'
V:
held
Feb.
on
the
the
25
'
.
Voted—At
jproved, the
issuance
•construction
of
«p-
Feb.
purchased ;Jby Piper,Jaffray &
'Hopwood, of Minneapolis, as 2s, at
a
price of 100.014, a basis of
1.997%. Dated Feb. 1, 1948. Due
$5,000 on Feb. 1, from 1949 to
1959, incl. Interest payable F-A.
The next highest bidder was the
State Bank, New Richmond, for
2s, at
V
par.
Roseau
■
•
Bids
for
composed
of
ceived
the
for
purchase
2s, at
as
at
and
par
accrued
interest payment date.
are
in¬
'Claiborne County (P.
-
r
Port
Election—At
Bond
to
be held
will
O.
the
the voters
issuance
of
Hazelhurst, Miss.
Bond
r
Election—At
election
an
Chicago,
V
.March 1 from 1949 to
1953, incl.
capital improvement
Due
March
1,
as
as
on
March 16 the voters
will consider the issuance of
000 water
$400,-
bonds.
revenue
of Chicago; B. J. Van
Ingen
Co., Inc., Lee Higginson Corp.,
follows:
Inc., and Roosevelt
1958,
Due March
000
1, as follows: $35,1951, and $40,000 in
in
1952.
Madison School
Bonds
held
Jones County. (P. O. Ellisville),
Miss.
Bonds Voted
;held
Feb.
on
the
issuance
the
proved
At
—
10
an
election
voters
of
ap¬
$450,000
County hospital, bonds.I;
•
Kemper County (P. O. De Kalb),
:
Miss.
*'"7;
t
interest cost of
a
>•'
of
$75,000 hospital
recently approved as
issue
bonds
was
to
legality by Charles & Trauer¬
nicht, of St. Louis.
..
Meridian, Miss.
.
Bond Sale—An issue of
street
chased
■
was
or
a
$162,000
refunding bonds was pur¬
recently by the First Na¬
Names
net
made by
Co.,
Trust
Paying
Agent—Bankers
Company of New York has
been, appointed
New York with
Paying Agent in
and
bonds
;T
Randolph, Neb.
Bond
Election
—
At
election
the
voters
issuance
will
^
consider
of
$20,000 athletic
field improvement bonds.
bonds
Elizabeth, N. J.
Bond Sale—The
NEW HAMPSHIRE
Co.,
County (P. O. Berlin), N.JH.
Note Offering—J. Arthur Sulli¬
van,
County Treasurer, will re¬
ceive bids until 2 p.m. on March 2
for the purchase at discount of
awarded
Boland,
and
both of New
Township School District
(P. O. Millburn), N. j:
a special elec¬
tion
held
Saffin
&
York, jointly, the
Co.,
of
about
2.376%.
Dated
$100,000 notes#issued in anticipa¬
March 1, 1948 and due serially on
March 1 from 1949 to 1978 inclu¬
tions.
legality by Charles & Trauernicht
of St. Louis.
Dated Feb.
1, 1948.
Starkville, Miss.
Bond Sale—An issue of
2%%
sewer
$304,000
bonds has been pur¬
chased by
M. A. Saunders & Co.,
Memphis, at a price of 100.164.
of
Dated
1
Jan.
1,
1948.
Bonds Voted—At
tion
held
from
25 years. Legality approved
Charles & Trauernicht of St.
Louis.
•'
•->>
:v:v'J.
MISSOURI
School District, Mo.
Voted
At an election
Cabool
Bonds
held
on
Feb.
10
the
issuance
voters
of
ap¬
$60,000
Sale—The
bonds
the
voters
Ridgewood School 'District, N. J.
Voted
Bonds
held
Feb.
on
the
proved
At
—
10
voters'ap¬
.of $35,000
issuance
building bonds.
Union
Voted
Feb.
on
At
—
10
election
an
the
voters
ap¬
proved the issuance of $1,550,000
high school addition bonds.
Watchung School
O.
'
•
Bond
held
District (P.
Plainfield), N. J.
Voted
the
proved
At
—
Feb,
on
10
election
an
the
voters-ap¬
issuance
of
$30,000
construction bonds,
the
1948.
year
Notes will be
McKinley County
N.
(P.
O.
Gallup),
called for payment ort
issuance of $975,000 sewer system
construction, disposal plant, water
supply system improvement and
airport construction bonds.
Washoe County, Reno
Glen Rock, N.
thenticated
as to genuineness and
by the First National
Bank of Boson, under advice of
Storey,
Thorndike,
Palmer
&
Dodge of Boston.
March 6 the voters
on
500,000 high school bonds.
NEW YORK
Brookhaven
No.
Union
Sch. Dist.
Free
(P. O. Selden), N. Y.
12
Offering—G.
President
of
Lucas,
Board of
the
000
Sale—The issue of $100,- Education, will receive sealed bids
(EST) on March 4
sewer
bonds offered Feb. 24 until 3 p.m.
was
awarded to Blair
&
Co., Inc.,
New
York, and MacBride, Miller
of
Newark
(jointly), as
I.70s, at a price of 100.106, a basis
&
Co.
the
for
to
purchase of $175,000 not
exceed
or
construction
bonds.
1, 1948. Denomina¬
registered
Dated
interest coupon
5%
March
tion $1,000.
chase of $300,000 tax anticipation
notes.
Denomination
$25,000.
high bid of 100.0699 for 1.70s was
made by Campbell, Phelps & Co.
Due March 1, as fol¬
$10,000 from 1949 to 1953
inclusive, $12,000 from 1954 to
1958'inclusive, and $13,000 from
of New York.
1959
Principal
and interest (M-S) payable at the
March
Jackson
National
chants
National
be received until
noon
(EST),
$208,000
offered
on
on
March
3, by Stafford M. BoardCity Treasurer, for the pur¬
man,
10, 1948.
Due on
Dec. 10, 1048. Payable at the Mer¬
Bank
of
and
delivery
of
notes
to
1958,
New
Boston,
said
will be made at this bank.
1.679%.
1949
Due
serially
incl.
Second
Township School District
(P. O. R. D. No. 3, Lake wood),
which has also authenticated this
loan
about
of
from
Bond
District
Jersey
Offering—Hazel
lows:
Clerk, will receive sealed
to
koma.
rate
Holman,
of
1963
Bank
of
Bidder
to
interest,
multiple of
A
inclusive.
certified
Va
or
check
Lake
Ronkon-
name
single
a
expressed
l/10th
for
2%
of
in
a
1%.
of the
8 for the
the District,
con¬
ity approved by Storey, Thorndike, Palmer & Dodge, of Boston.
No telephone bid will be consid¬
Feb.
ered.
Dated Feb. 1, 1948.
Legal¬
to
purchase of $125,000 not
exceed
tion
4%
coupon
or
interest
construc¬
registered
bonds.
Denomination
at
the
is required. Legality
to be approved by Caldwell, Mar¬
shall, Trimble & Mitchell of New
York
City.
1,
1,
First
(M-S)
National
payable
Bank
&
Co., Tuckahoe. The next
highest bidder was Salomon Bros
& Hutzler, for
1.60s, at 100.06.
•
Hempstead
Union Free Sch. Dist.
No. 28 (P. O. Long Beach), N. Y.
New
Bond
1948
167,
the
York, N. Y.
Sale—The
bonds
,
$28,595 school
offered
Feb.
on
24—
894—were purchased by
p.
South
Rockville
Shore
Trust
Centre,
Co.
1.70s,
as
of
at
a
price of 100.05, a basis of 1.664%,
the only bidder.
Dated Feb. 27,
1948%jpue serially
on Feb. 27, in
Principal and in¬
terest (F-A) payable at the South
1949
and
1950.
Shore Trust
Co., Rockville Centre.
Jeffersonville Fire District, N. Y.
Bond
Offering
sealed
—
Lester
Treasurer,
will
bids until 2 p.m.
Gute,
receive
(EST)
on
March 5 for the purchase of
$10,000 not to exceed 5% interest land
purchase and building coupon or
registered bonds. Dated March 1,
1948.
Denomination $1,000.
Due
$1,000 on March 1, from 1949 to
1958, incl; Bidders must state a
single rate of interest in a mul¬
tiple of l/10th of 1%. Principal
and^interest (M-S) payable at the
First National Bank of Jefferson¬
The bonds will be delivered
on
are
Jeffersonville,
April 1, 1948, and he
notified
be
the First
of
when
the
ready for delivery.
fied
for
check
the
to
bidder at
Bank
about
or
bonds
A certi¬
$200,000,
payable
District, is required.
'
New
York, N. Y.
>
Sells $30,000,000 Notes—Lazarus
Josephs, City Comptroller, sold
by allotment to 26 city banks on
.
27
Feb.
1%%'
the
issue
an
fiscal
1947-1948
notes
are
mature
notes
of
$30,000,000
anticipation
tax
notes
year.
for
The.
dated Feb.
27, 1948, and
30, 1948. The
allotted as follows:
April
on
were
The Chase National
City of New York.
$90,000: Kings County Trust Co.,
$5,472,000:
Brooklyn, N. Y.
$4,638,000:
The
National
City
Bank of New York.
$3,823,000: Guaranty Trust Com¬
of New York.
$2,052,000: Bankers Trust Co.
$1,950,000: Manufacturers Trust
Company.
•$1,860,000: Central Hanover
pany
Bank & Trust Co.
Chemical
$1,470,000:
M.
Bond
validity
Keene, N. H.
'
Note Offering—Sealed bids will
election
an
will consider the issuance of $2,-
Jr.,
J.
School Dis¬
(P. O. Reno), Nev.
Election—At
be held
to
March
March
on
Bank of The
NEVADA
Bond
serially
Trust
will
Mex.
Treasurer,
highway and bridge bonds, Nos.
91 to 95 incl., dated April 1, 1924
and part of an issue of $100,000,
10
storm
of Tuckahoe,
Dated
cipal and interest
National
Davis, County
announces
that
5%
trict No.
Due
$44,500
Co.,
par.
the successful
7
Bond Call—T. T.
Bond
au¬
1948.
ville.
NEW MEXICO
have been
Trust
at
District
Township School District
(P. O. Unioti), N. J.
Bonds
held
&
election
an
the
bonds bid for, payable to order of
Carthage School District, Mo.
Bond
special elec¬
10
bids until 8 p.m.,(EST) on March
construction bonds.
struction
$25,000.
for
—
proved .the
a
Feb.
on
Dated
Due in
to
by
taxes
by
O.Tuckahoe), N.Y.
Sale—The
iy2s,
as
v.
sive.
of
Bond
voters
Piscataway School District-(P. O.
New Market), N. J.
ac¬
bonds«has -been
to
the
school bonds,
2.40s.
as
10
the issuance of $31,000
&
tional Bank of Boston. Denomina¬
approved
Feb.
on
approved
p.
being for $658,000
2.40s, at a price of 100.27,
as
basis
a
167,
Shields
to
•: The
Union County
Trust
Co., of Elizabeth, second high bid¬
der, offered 100.228 for $658,009
District
ap¬
$225,000
construction bonds.
bid
cepted
bonds
$659,000 school
Feb. 26—v.
bonds offered
894—-were
:
water
1, 1947.
April
■
the
$75,000
dated Aug.
the
Dated March 9, 1948, and payable
Dec. 28,
1948, at the First Na¬
School
of
.
(P. O. Aberdeen), Miss.
Bonds Approved as to Legality
—An issue of $35,000 3% school
Consolidated
issuance
R. D. 2,
tion
County, Smithville Special
voters
the Clifton Na¬
Kidder, Peabody & Co., Union Se¬
April 1, 1948.
V
Corp., Equitable Securi¬ tional Bank of Clifton, N. J., for
ties -Corp., Harris,
Hall & Co., payment of principal and interest
Roswell, N. Mex.
on $1,020,000 City of Clifton, N.
Charles W. Weigold &
J.,
Co., and
Bond Election—At the regular
school bonds, $275,000 storm sewer
Burns, Potter & Co.
April election voters will consider
Coos
tional Bank of Meridian.
Monroe
2.93%,
group composed of Blyth &
the
election
an
the
10
curities
Bonds Approved as to Legality
—An
2'44s and $975,000 3s,
District, N. J.
Voted—At
Feb.
on
proved
/
25,000 Aerial Survey bonds. Due
Kindred, &
Co.,
Chicago;,v and
March 1, 1951.
7
w *;
Peters, Writer & Christensen of
Dated March 1, 1948.
Legality
Denver, at a price of 98.071, a net
approved by the State Attorney
interest cost of about 2.914%, as
General and
by Ely, Bradford,
follows:
$650,000 3s, due semi¬
Bartlett, Thompson & Brown of
annually from Jan. 1, 1950 to July
Boston.
1, 1956; and $1,850,000 2%s, due
semi-annually -from Jan. 1, 1957
NEW JERSEY
to July 1, 1971. Second high bid
Clifton, N. J.
Of 98.68 for $1,060,000
7!
2%s, $465,000
Eastchester (P.
made
was
from 1949 to 1953 inclusive. Prin¬
approved the issuance of $125,000
fol-. construction bonds.
$50,000 from 1955
incl., and $45;000
;. from 1959 to 1968, incl.
315,000 Sunapee Tramway bonds.
Due March 1, as follows: $15,000 in 1949, and $25,000 from
1950 to 1961, incl.
75,000
Sullivan
Bridge bonds.
<
2.90s
Bank
A certified check for $2,500,
Bonds Voted—At
on
to
composed of John Nuveen &
opinion
payable' to the Board of Educa¬
tion, is required.
•
to be held
held
Second high bid of
for
tion.
divided
are
-
$101,000 improvement bonds.
>•"
of
,
election
an
March 3
on
consider
Co.,
Hampton Harbor
Toll
Bridge bonds. Due March 1,
Cross, all of New York; William
Mericka
&
Co.,
Cleveland;
Thomas
&
Co., Pittsburgh; Ira
Haupt & Co., New York; Barcus,
Gibson), Miss.
election
The purchaser
Feb. 15 from 1949
on
1967, incl.
100.189
water drain-1948 bonds offered on
Feb. 19—v. 167, p. 793—were
pur¬
chased
by
the
First
National
$225,000 in 1954, and
$250,000 in 1955 and 1956.
J.
MISSISSIPPI
the
1947.
1948 and due
Hawkins, Delafield & Wood of
New York City, that the bonds
are valid and legally binding ob¬
ligations of the Board of Educa¬
650,000
&
.• <
at
16,
lows:
.
Co.,
Dec.
rate
a
Millburn
bonds.
Public Power District
(P. O. Columbus), Neb.
Bond Sale—The
$2,500,000 Con¬
solidated Eastern System
Revenue,
&
considered which states
on
group
Smith,,Barney & Co.,
Trust
725,000
'W
NEBRASKA
Blair
a
1951 to
•
Consumers
Feb.
by
.,,1964, incl.
1,500,000 veterans' bonus bonds.
Due $500,000 on March 1 from
"
■
made
was
$5,290,000 bonds
000
'J
:
terest, in whole or in part, on
April 1, 1953 or on any subsequent
&
jected. .)•••
was
composed
$2,000,000,: University
of
New
; Hampshire bonds. Due $125,-
Co.
re¬
Second
1.70s
v
1948 and
April 1, 1958. They
on
be
follows:
as
price of 100.158,
a
dated April 1,
are
callable
cate
167^ p. 792—were
1.654%.
account
& Co.
The
.
$160,000 building bonds offered on
19—v.
and
Goldman, Sachs & Co., Union Se¬
curities Corp. and
Graham, Par¬
basis of about 1.98%. The deben¬
tures
mature
the
of
about
by
1.70s
sons
Corp., all of New York; A.G.
Becker & Co., Mullaney, Ross &
re¬
bids
of
Northern
Consolidated Sch. first issue of 1948, bonds offered
(P. O. Roseau), Minn. Feb. 25 were awarded to a syndi¬
Rejected—All
New
of
County
■Dist. No. 41
basis
ties
a
were
of
will be furnished with the
made
a
water
multiples of Va or l/20th of
1%, and must be the same for 2.90s, at a price of
100.421, a basis
No proposal will of about 2.85%.
Dated Feb. 15,
of
high bid of 100.131 for
Halsey,
Stuart & Co. Inc., Blair &
Co.,
Inc., and Stone & Webster Securi¬
cago,
20
all
composed of
-
$9,500
Feb.
24—v.
167,
894—were awarded to N'ewburger, Loeb & Co. of New
York, as
p.
Tripp & Co. of New York.
a
481—were awarded to
p.
Sale—The
offered
authorized
im¬
bonds.
revenue
Co. and Detmer & Co., all of Chi¬
.
improvement revolving fund
on
issuance
debentures offered Feb. 26—
167,
syndicate
Bond Sale—The $55,000 perma¬
offered
the
sewer
Bond
to
Sons,
White, Weld & Co. and Blyth &
Co., Inc. Third high bid of 100.0869
v.
bonds.
-bonds
the
$225,000 water and
Dis¬
(P. O. Croton-OnHudson), N. Y.
higher than any legally acceptable
proposal.
These are the
bonds
Rollins '&
tion
$795,000
New Richland, Minn.
nent
consider
general
July
Water
Toddville
trict No. 2
all of the bonds.
(State of)
Sale—The $2,000,000
State Highway Treasury anticipa¬
election
voters
in
of
Charles E. Weigold & Co.,
Eldredge & Co., all of New
York, and the Illinois Co. of Chi¬
cago, as 1.70s, at a price of 100.296,
Montana
•
•
will
held
Bank
Inc.,
Debenture
District,
Minn.
"
••
be
provement
'
Bonds
to
Co., Chicago;
National
and
Dillon, Mont.
Election—At the
Bond
were
York;
Schoellkopf,
Hutton
&
Pomeroy, of Buffalo; Kean, Taylor
& Co., George B. Gibbons &
Co.,
*
Brainerd, Minn.
$82,000 sewage
26
H.
issu¬
MONTANA
Bond Sale—The
Feb.
on
53
Shields
&
Co.,
Equitable Securities Corp. and E.
construction
-
a
$5,290,000
Philadelphia;
April
consider the
$265,000
offered
Philadelphia
munici¬
held
The
—
of
City School District, Mo.
Election—At the
Sale
awarded to
Wackerle, for 2s,
at 96.64.
Garden
(State of)
(989)
Cortlandt,
a
Eisen &
CHRONICLE
$1,000. Due on Feb. 1, as follows:
$7,000 from 1950 to 1954, and
$6,000 from 1955 to 1969, all incl.
Principal and interest (F-A) pay¬
Bond
basis of 2.303%.
highest
bidder
was
next
Lucas.
16—v. '167, p.
FINANCIAL
■New Hampshire
,
price of 97.30,
&
Bank
&
Trust Co.
$1,260,000: First National Bank
City of New York.
of The
Irving Trust Co.
Bank of the Man¬
$1,260,000:
$1,200,000:
hattan
Co.
-
$900,000: J. P, Morgan & Co.,
Incorporated.
$870,000: The New York Trust
Company.
$750,000: Corn Exchange Bank
& Trust Co.
$420,000:
$420,000:
Bank of New York.
The Public National
Bank & Trust Co.
$300,000:
The Marine Midland
of New York.
Commercial National
Trust Company
$270,000:
Bank & Trust Co.
Brooklyn Trust Co.
$180,000:
United States* Trust
Company of New York.
$240,000:
$150,000:
Trust Co.
Continental
Bank &
54
$120,000: Empire Trust Co.
$120,000: Fifth Avenue Bank of
,
New York.
&
Bank
Federation
$60,000:
Coupon
Fulton Trust Company
$60,000:
of New York.
$60,000; Title Guarantee &
Company.
Trust
$3,000
or
as
on
crued interest.
(State of)
Bond Offering—Frank C. Moore,
will receive
sealed bids until 11 a.m. (EST) on
March
2
for
the
purchase
of
State
Comptroller,
$300,000,000 not to exceed 4% int.
war bonus bonds.
Dated March 1,
$30,000,000 annually on
1949 to 1958, incl.
maturing in 1958 are sub¬
Due
1948.
Jan.
from
1
Bonds
ject to redemption, at par and ac¬
crued int., on July 1, 1956, or on
subsequent interest payment
Principal and interest (J-J)
payable at the Bank of the Man¬
hattan Co., New York City. Bonds
issued in coupon form may be ex¬
changed for bonds registered as to
principal and interest. However,
bonds in registered form may not
be converted or reconverted into
coupon form.
Rate or rate of in¬
any
cate.
in
terest to be expressed
%
ple of
or
a
1/10 of 1%
multi¬
and no
than one rate shall be named
more
single maturity. A certi¬
for 2% of the bonds,
for any
check
fied
payable to order of the State
comptroller, is required. Legality
be
approved
by
Nathaniel
Goldstein, New YorkJ^te Attor¬
ney General.
to
bidder must specify
and each
of
amount
Each
rate
bonds
the
rate.
Due
from 1949 to 1957 inclusive.
Principal
payable
issue
will
pay
and
for
quired bidding forms and each bid
must be accompanied by a certi¬
fied check for $61,500, payable to
1 from
March
March 1, 1948.
high bid of 100.11 for
$111,000 3%s and $139,000 4s, or a
net cost of 3.92%, was made by
Juran & Moody, and Barcus, Kin¬
dred & Co., jointly.,, v,
Sale
167,
—v.
793—were purchased
p.
by Roosevelt & Cross and Tilney
& Co., both of New York, jointly,
as
2.20s, at a price of 100.23, a
basis of 2.167%.
Dated March 1,
March
1,
from 1949 to 1963 inclusive. Prin¬
Due
1948.
serially
on
cipal and interest (M-S) payable
at
the
Essex
County National
Bank, Willsboro. The next highest
bidder
Gibbon &
B.
George
was
Co., Inc., for 2l/4s, at 100.22.
v
.
from 1949 to 1970,
Election
Bond
be
to
At
—
held
a
1,
of $265,000
their bonds
the issu¬
t
—
union
1948
bonds
167,
v.
building
offered
revenue
on
Feb.
of
17—
698—were purchased by
p.
Kalman & Co., of St.
Milwaukee
Paul, and the
of
Milwaukee,
Co.,
net interest cost of
Dated Jan. 1, 1948.
Due
jointly,
at
3.21%.
serially
a
Jan.
on
from
1,
1951
school
Election—At
election to be held
of
on
a
special
April 6 the
issuance
$260,000
sewage
system
im¬
building bonds offered for
Feb. 24—v. 167 p. 894—
awarded to E. L. Hardin &
of
—
and
Horace
Moore,
Treasurer,
refunding
Bosworth
$850,000 water bonds.
Due on
April 1; $10,000 in 1951 to
1956,
$15,000
in ~ 1957,
and
$25,000 in 1958 to 1980, all
'
incl.
2,225,000
sanitary sewer bonds.
April 1; $50,000 in
1962, $75,000 in 1963
Due
on
1951
to
to
1965, and $100,000 in 1966
to 1979,
200,000
all incl.
public
a
Co., Inc., of Toledo,
price of 101.449, a
basis of about 2.355%.
Dated Feb.
by
Ryan,
Sutherland
was
&
made
Co.
of
Toledo.
to
1956, and $10,000
in 1957 to 1973, all incl.
Hebron, Ohio
Sale
Bond
—
The
{
,
$7,500
fire
Bond
Weitz,
City Auditor, will receive sealed
$3,000,
$3,000,
part
are
of
the
$300,000,000 issue authorized at
the general election in November
Each bid may express a
1947.
of
and
designate any or all of
the banking institutions thus indi¬
cated shall not be a condition of
Fund
to
such bid or bids, nor be the
for
avoiding the commit¬
of the successful bidder to
any
No
tenders
in
received
—
No tenders
bid
purchase of all
be-.for the
should
pay¬
Each
bonds.
the
for
ment
make
and
delivery
accept
as
follows:
$2,229.39
1950;
1951;
1953;
the
Commission, that the fol¬
1%%
State Bridge Com¬
revenue
refund¬
bridge
bonds are
is
It
be
will
anticipated that the bonds
available for delivery in
definitive form at the office of the
South
25
Company,
City,
within 40 days following the date
of the award. Unless other satis¬
Street,
arrangements
factory
made
are
bidder will be re¬
successful
the
New York
quired to accept delivery of the
bonds at that place and make pay¬
ment/ for
the
bonds ' when
so
available
York
New
current
on any interest payment
prior to maturity.
Steubenville- Weirton
B
r
i cl g e,
of
the
above
issues
will
Interest A-O. Due Oct. 1,
$2,000 in 1949; $3,000
1950; $2,000 in 1951; $3,000 in
1952; $2,000 in 1953; $3,000 in 1954;
$2,000 in 1955; $3,000 in 1956; $2,000 in 1957; $3,000 in 1958; $2,000 in
1959; $3,000 in 1960; $2,000 in 1961;
$3,000 in 1962; $2,000 in 1963; $3,000 in 1964; $2,000 in 1965; $3,000
in 1966; $2,000 in 1967, and $3,000
follows:
as
in
in
Bidders
1968.
bid
may
for
a
different rate of interest in multi¬
V\ of 1%.
ples of
unlimited
sold
be
Payable from
The
taxes.
bonds
will
the highest bidder for
to
not less than the face value there¬
and accrued interest.
of
the
state
must
All bids
of
amount
gross
bid and accrued interest to date of
delivery. ,The city will furnish the
approving legal opinion of Squire,
Sanders & Dempsey, of Cleveland,
covering the legality of the bonds.
Enclose
certified check for
a
$500,
payable to the city.
Windsor Local School District,
Ohio
{
.'Vi.
Dated
Jan.
nomination $1,000.
Nov.
from
1
sive.
a
1,
1948.
De¬
Due $1,000 on
to
1949
1960
interest
of
Rate
pressed in
construction
interest
6%
bonds.
inclu¬
be
to
ex¬
multiple of J/4 of 1%.
Principal and interest (M-N) pay¬
able at the Orwell Banking Co.,
Orwell. A certified check for 1%
the
of
the
of
amount
issue,
pay¬
able to the order of the Board of
authorized at the
were
1947
required.
Bonds
November,
is
Education,
general election,
OKLAHOMA
to be pre¬
are
panied
will
be
by unqualified approving
&
Cutler,
of
Chicago,
and
Bricker, Marburger, Evatt & Bar¬
ton,
may
Bond
School
District,
Offering—Mae
Okla.
Kelly,
Clerk of Board of Education,
Will
receive sealed bids until 1:30 p.m.
(CST)
March
on
chase
for the
1
pur¬
transportation
bonds.
Due $4,000 in
1951 and
1952, and
$3,000 in 1953..
The
of
$11,000
bonds will be awarded to the bid¬
offering the lowest rate of in¬
der
terest and agreeing to pay par
authorized
were
held
on
for 2%
These
interest.
accrued
the
at
and
bonds
election
A certified check
Feb. 17.
of the amount bid, is re¬
quired.
Major County (P. O. Fairview),
Okla.
Election—At
Bond
to be held
on
an
election
March 9 the voters
of
Columbus,
all
and
r
hids
be conditioned to that extent
Pawnee
School District,
Bonds Voted
held
At
—
Feb.
on
the cost of said opinions.
Ohio
the'election
ap¬
the issuance o f $10,000
transportation
equiprpenlj r pur¬
proved
chase
bonds, and $8,000 construc¬
tion bonds.
:
.
'
Skiatook,
pay
Okla.
the. voters
3
The successful bidder must agree
to
M.
accom¬
opinions as to legality of Chap¬
man
Barnsdall
construction bonds.
bonds
deemable
date
April 1, 1938. Denomination
will
consider
the
issuance
of
and executed without ex¬
$265,000 site purchase and hospital
to the bidder. Upon deliv¬
the
ery
in
The bonds
Enclose a certified check for $2,ing
being called for
payment on April 1:
000,000, payable to the Commis¬
East Liverpool-Chester Bridge,
sioners of the Sinking Fund;
aggregating $125,000. Dated Sept.
Porter Township (P. O. Harden),
1, 1940. .Due on Oct., 1. 1953, re¬
1954;
1951;
$2,000,
]
reported by
Ray Palmer, .Secretary-Treasurer
amount
$3,000,
$2,000,
and reoffer the bonds for sale.
were
1952;
1949;
all bids and to readvertise
or
response
aggregating $90,000. Dated Sept. 1,
1940. .Due on Oct. 1, 1948, re¬
deemable on or after April 1, 1941.
Payment of the principal
in
the
pense
Bridge Commission
on
basis
pared
to the vil¬
lage's request for offers on Feb.
18 to purchase refunding bonds,
dated Oct. 1, 1936.
(EST)
noon
$1,000.
ment
funds.
Mayfield Heights, Ohio
V
mission
bids until npon (EST) on March
10 for the purchase of $28,729.39
$2,000,,
bonds
These
William
fighting apparatus bonds offered
on
Feb. 16—v. 167, p. 298—were
purchased by Ryanv Sutherland &
Co., of Toledo, as 2V2s, at a price
of 100.36, a basis of 2.483%. Dated
Jan. 1, 1948.
Due serially on Oct.
1, from 1949 to 1958 inclusive. In¬
lowing
Cheviot, Ohio
Offering—Conrad
follows:
1951
Second
.
Dated
exceed
principal only.
Signature
of
One bond for $1,229.39, others
$1,000 each. Due Dec. 1, as
in
inclusive.
1963
to
Bonds Called—It is
100.884 for 2V2S
$37,000 fire fighting apparatus
on April 1; $5,000
<
1949
bid of
public health bonds, $112,500
fire
station bonds,
and
bonds). Due
15 and Dec. 15 from
ture on June
Ohio State
(consolidation of $50,-
000
dated March 15, 1948 and ma¬
1948, and due on Dec. 1 from
1949 to 1968, incl.
Second high
$24,229.39 3% street improvement
bonds. Dated April 1, 1948.
bonds
are
1,
bonds, divided
improvement
a"t a price of 100.95, a
basis of about 2.146%.: The bonds
terest payable A-O.
Alliance, Ohio
&
Columbus;
2V4s,
as
bonds,
Bond Sale—The
2V2s, at
of
Fahey, Clark & Co. and Merrill,
Turben & Co.., both of Cleveland,
an¬
48 to 59, in $1,000 and $500
denominations, have been called
for payment at par and accrued
interest on April 1, 1948 at the
Bankers
Trust
Co.,
New York
City.
as
Company,
Toledo;
Inc.,
So.,
until
,
Hill, N. C.
sub¬
ment
Commission, at his office in
Raleigh, fpr the purchase of the
following bonds aggregating $3,075,000:
.
'
167, p. 698—were awarded to
syndicated composed of Braun,
bids
March 16 for the purchase of $50,000
3%
recreation park
bonds.
Bond
Offering — Nellie L.
such other cities as may be
Rhodes, Clerk of the Board of
designated by the Commissioners
Education, will receive sealed bids
of the Sinking Fund following re¬
until 8 p.m. (EST) on March 15
ceipt of bids for the purchase of
for the purchase of $12,000 not to
the
bonds.
Registerable - as to
principal is to be made pay¬
able but failure or refusal of the
Commissioners
of
the
Sinking
—v.
pie, Jr., City Auditor, will receive
sealed
and
ty hospital bonds offered Feb. 25
&
Toronto, Ohio
Bond Offering—Arthur S. Wem-
institutions in any or all of
cities of New York, Chicago,
preference as to the banking in¬
stitutions
whereat such interest
Boswprth
007 for 214s.
option of the holder at such bank¬
ley,
Shepard
&
Co.,
Sweney,
Cartwright & Co., National City
Bank, of
Cleveland,
and
First
Cleveland Corp.
M^s,
$70,000 hospital
site bonds offered Feb. 25—v. 167,
p. 793—were awarded
to Braun,
a.m.
Prin¬
den, Miller & Co., Prescott, Haw¬
for
(EST)
cn March 9, by W. E. Easterling,
Secretary of the Local Govern¬
11
multiple of Vs of 1%.
a
cipal and interest payable at the
State Treasurer's office or at the
Trust Co. of Geor¬
that
Bond Offering—Sealed bids will
bear
to
any
Snow
Clerk
in
bonds are
the
bid : of 100.79 f forr&Yis; was
by a group - composed of
Harriman Ripley & Co., Inc., Hay-
gia, of Atlanta.
Call
which
est
made
100.013
mitted by the
Bond
$5,805,000
(P. O. Xenia). Ohio
Bond Sale—The $950,000 Coun¬
1952, high
OHIO
until
$5,750,000 Oct. 15, 1948;
Due
bonds; the. bonds will be
sold only, to the highest bidder;
and the right is reserved to reject
Charlotte, N. C.
received
Denomination $1,-
April 15, 1948.
000.
of
Second best bid was an
inclusive.
offer
at a
about
1948.
provement bonds.
be
$200,000,000 World War II com¬
Dated
pensation coupon bonds.
Greene County
Ohio
Nos.
consider the
will
County (P. O. Rocking¬
Sale—The $34 000 coupon
nounces
Chapel Hills, N. C.
County Treasurer's office.
The
next
highest
bidder
was
the
Northern
Trust
Co.,
Chicago;
a
on
Town
NORTH CAROLINA '
voters
Trust
&
coupons at¬
Central Hanover
Co., New York
Co., of Salisbury, as l%s,
price of 100.03, a basis of
1.485%,
Dated
March
1,
Due on March 1, in 1949 to
to
1973 inclusive.
Bond
together with Oct. 1,
ham), N. C.
were
■
Sinking Fund, will receive
bids until 11 a.m.
(EST)
March 16 for the purchase of
the
1, 1948. Principal
(M-S) payable at the
states
the
at
Bond
sale
building bonds.
Offering—Edward J.Hum¬
sealed
on
—
Secretary of Commissioners
ing
1970, incl.
Dated March
and interest
1948', and subsequent
2
University of North Dakota (P. O.
■
Bismarck), N. Dak.
Bond Sale
The $350,000 stu¬
dent
Roebuck,
A.
W.
1949 to
from
Bosworth
&
Co.,
Inc.,
that $256,000 Braun,
general refunding bonds are being Prescott; Hawley, Shepard & Co.,
and G. H. Walker & Co., jointly,
called for payment on
April 1.
Dated April 1, 1938. Due on April for $1,275,000 2*/4s, and $625,000
1, 1968.
Holders should present 2V2s, at 100.111.
special
March
on
—
Clerk,
Richmond
the voters will consider
ance
Call
Bond
Town
City, for payment.
N. Dak.
election
The
dated
are
Bank
No.
District
School
Dickson
1 from 1979 to 1982 inclusive.
bonds
incl.
625,000 court house addition, sec¬
ond series bonds. Due serially
Second
tached,
NORTH DAKOTA
for printing the bonds
legal opinion of Peck,
625,000 veterans' memorial, thifd
series
bonds.
Due
serially
33/4s, due on
1962 to 1978 inclu¬
$150,000
inclusive;
Willsboro), N. Y.
—
The $75,000 con¬
struction bonds offered on Feb. 20
tral
City
Shaffer & Williams of Cincinnati.
sive, and $50,000 4s, due on March
Bond
none."
or
Bond
mel,
April
and $5,865,000
A certified check for 1%
of the Oct. 15, 1949; $5,925,000 April and
bonds is required.
$5,980,000 Oct. 15, 1950; $6,040,000
the order of the State Treasurer
Franklin County (P. O. Columbus), April and $6,100,000 Oct. 15, 1951;
of North Carolina. The purchaser
$6,165,000
April
and $6,225,000
Ohio
will be furnished with the ap¬
Oct. 15, 1952; $6,290,000 April and
Bond Sale—The $1,900,000 bonds
proving opinion of Masslich &
$6,350,000 Oct. 15, 1953; $6,415,000
offered on Feb. 24—v. 167, p. 698
Mitchell of New York City.
April and $6,480,000 Oct. 15, 1954;
—were purchased by a syndicate
$6,545,000
April
and $6,610,000
Plymouth, N. C.
composed of Phelps, Fenn & Co.;
Oct. 15, 1955; $6,675,000 April and
Bond Sale—The issue of $250,- Glore, Forgan & Co.; Hemphill,
$6,740,000 Oct. 15, 1956; $6,810,000
000 refunding bonds offered Feb. Noyes & Co.; C. F. Childs & Co.,
24—v. 167, p. 894—were awarded all of New York; McDonald & Co., April and $6,875,000 Oct. 15, 1957;
April and $7,015,000
to a syndicate composed of R. S. of
Cleveland; Julien Collins & $6,945,000
Oct. 15, 1958; $7,085,000 April and
Dickson
&
Co.,
of
Charlotte; Co., of Chicago; National City
Branch Banking & Trust Co., Wil¬ Bank, of Cleveland, and Charles $7,155,000 Oct. 15, 1959; $7,230,000
April and $7,300,000 Oct. 15, 1960;
son;
Vance Securities Corp., of A. Hinsch & Co., of Cincinnati,
$7,375,000
April and $7,450,000
Greensboro, and J. Lee Peeler & as 2V2S, at a price of 102.35, a basis
Oct. 15, 1961; $7,525,000 April and
Co., of Durham, at a price of par, of 2.31%, as follows:
$7,600,000 Oct. 15, 1962, and $7,a
net
interest
cost
of
about $650,000 children's homes, third
series
bonds.
Due
serially 675,000 April 15, 1963; Bidders
2.783%, as follows: $50,000 3y4s,
should state a single rate of inter¬
from 1949 to 1972, incl.
due on March 1 from 1954 to 1961
Essex and Lewis, Cen¬
Sch. Dist. No. 1 (P. O.
Willsboro,
City
"all
for
or
re¬
the
the
at
Sale
The $13,500 road
improvement bonds offered for
maturing April 1, sale of Feb. 21, were awarded to
1948, and prior thereto, will be Ryan, Sutherland & Co., of Topaid upon the presentation and ledo, as 2V4s, at a price of 100.392,
surrender. Interest ceases on date
according to the Township Clerk.
called.
Runner-up in the bidding was
Fox, Reusch & Co., offering 100.Ohio (State of)
Coupons
of the
(J-D)
Treasurer's
interest
and
Bids may be made on each
office.
The
maturities.
furnish
will
Secretary
each
bid for bonds
be
must
consecutive
of
of
March
Denomination $500.
$599 on Dec. 15 from
15, 1948.
separate bid for each issue (not
less than par and accrued inter¬
est) is required. No bid may name
more than four rates for any issue
A
New York
sanitary
Dated
bonds.
sewer
'
and
storm
2%
4,500
bonds offered will be entertained.
Bond
York, or at the
Treasurer's office, Colum¬
New
Co.,
bus.
subsequent interest
any
Stow Twp. (P. O. Stow), Ohio
Trust
State
nu¬
1, 1953,
payment date, at par and ac¬
both
to
as
Callable in inverse
1958.
be made at the Chemical Bank &
1956;
and $2,000 in
merical order on Dec.
to principal alone
principal and in¬
terest.
No auction will be held.
No bid for less than all of the
and
$2,000,
1955;
in 1957
$3,000,
1,
Prin¬
cipal and interest (A-O) payable
in New York City in legal tender.
Registerable
Trust Co.
April
dated
bonds
Denomination $1,000.
1948.
Monday, March 1, 1948
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
(990)
Bond
distribution
Feb.
on
Oklh'.
Sale—The* $49,600
l
-
electric
system bonds'Offered
19—v.
167, p..7S4rtwvere
purchased by the Exchange Bank,
of Skiatook, at par, a net. Interest
cost of 3.57%, as follow#?:$16,000
as
3V4s,
maturing $4,000 from
•
Bond
fire
Sale—An issue of
equipment
bonds
$20,000
was
pur¬
chased recently by the Provident
Savings Bank & Trust.Co.^ of Cin¬
cinnati,
A-O.
as
3s.
Interest
payable
1953 to
1956; $16,000 S&s. matur¬
ing $4,000 from 1957 to 1960, and
$17,600 334s, maturing $4,000 from
1961 to 1964. and $1,600 .'in 19.65, al1
inclusive.
was
000
R.
The ,next
highest'bidder
J. Edwards. Inc., for $24,
S^s/and $25,600 3%s, at par
yolume 167
THE COMMERCIAL
Number 4677
on March
9 for the purchase of
OREGON
$150,000 coupon District bonds.
Clackamas County, Oswego School
Dated March 1, 1948.
Denomina¬
District (P. O. Oswego), Ore.
tion
$1,000,
Due
$15,000
on
Bonds Voted
At an election
March 1, from 1949 to 1958 inclu¬
held on Feb/9 the voters approved
sive. Registerable as to principal
the issuance of $317,900 construc¬
only.
Bidders to name a single
—
tion bonds.
No. 1 (P.O. Bend), Ore.
Bonds Not Voted—At an elec¬
tion held on Jan. 26 the voters
approved the issuance of $600,000
construction bonds.
Lane County, Florence School Dis¬
trict
(P. O, Florence), Ore.
Bonds Voted
held
Jan.
on
proved
the
At
-—
24
election
an
the
voters
issuance
of
ap¬
$85,000
construction bonds.
Lake Oswego Rural Fire Protection
Dist. (P. O. Lake Grove), Ore.
Bids
the
Rejected
$25,000
All
—
bids
improvement
offered
on
•—were
Feb. 16—v. 167^ p.
794
1%.
furnished
be
to
by
official.
named
the
bid
No
A certified check for
$3,000 payable to the District, is
required.
Allegheny County (P. O.
Pittsburgh), Pa.
Bond
Offering
—
bids
W.
11
a.m.
(EST) on March 9 for the pur¬
chase of $12,750,000 coupon bonds
divided as follows:
—
peoples
$4,200,000
bridge,
series
airport,
series
33C bonds.
3,375,000 peoples
voters.
9C bonds.
Marion County Union High School
District No. 1 (P. O.
3,000,000 peoples road, series 55C
Gervais), Ore.
Offering*—B. B.
750,000 road, series 57 bonds.
600,000 park, series 17 bonds.
420,000 bridge, series 35 bonds.
180,000 public building, series 17
Bond
Barner,
March 1 for the purchase of $15,000
not to exceed 6% interest
April 1,
1948. Due $1,000 on April 1 from
1949 to 1963, incl. Principal and
interest
(A-O)
payable at the
County Treasurer's office, or at
the fiscal agency of the State of
Oregon in New York City. A cer¬
tified check for $200 is required.
Legality to be approved by John
Dated March 1, 1948.
Denomi¬
nation $1,000.
Due on March 1, as
follows:
1958,
$435,000 from 1949 to
and $420,000 from 1959 to
1978
inclusive.
which
Each
single
a
all
of
rate
the
bid
shall
of interest
bonds
offered
for sale
North Bend Sch. Dist. (P. O. North
Bend), Coos County, Ore.
must be unconditional and for the
District
Sale—The
Clerk
reports that the $317,000 building
on Feb. 20,
were awarded to Blyth & Co., of
bonds offered for sale
combined
and
total
of
these
issues,
"must
be upon blank forifts
by the City Controller
upon
request. No bid for less
than par and accrued interest will
be accepted.
The purchaser will
furnished
Portland, the Coos Bay National
Bank, of Coos Bay* and the United
States National Bank, of Portland, be furnished with the opinion of
jointly, as 3s, at a price of 100.604. Burgwin, Churchill & Ruffin, of
Runner-up in the bidding was an Pittsburgh, that the bonds are
offer of 100.59 for 3s, tendered by
the First National Bank of Port¬
land.
v,
.
Oregon (State of)
bonds.
Upper Mor eland Township (P. O.
Willow Grove), Pa.
Bond
Offering
.
L.
—
M.
Olt,
March
8
for
the
coupon
purchase of
improvement
bonds.
Dated March 1, 1948. De¬
nomination $1,000.
Due $5,000 on
.
March
1
from
clusive.
1949
Bidder to
to
I960
name
in¬
Bond Offering—G w e n d o 1 y n
of
the
Township
Treasurer, is required. / Legality
to
be
approved
by Townsend,
Elliott & Munson of
Philadelphia.
Bond
8
(EST)
p.m.
the
improvement bonds. Dated
15, 1948.
Denomination
$1,000.
The bonds will mature in
numerical
order
may
lute
either
of
following maturity plans,
the
as
under
be determined in the abso¬
discretion of the Board of
School Directors:
Plan A—$95,000
the
name
of
rate
interest
multiples of % of 1%.
received for
be
under
each
the
but
in
Bids will
entire
maturity
no
bid
may
issue
plan sep¬
combining
thereon
will be
payable without deduction for any
tax or taxes, except succession or
inheritance taxes, now or here¬
after levied or assessed thereon
under any present or future law
of
the
Commonwealth, all
of
(EST)
and agrees to pay. The bonds will
be sold to the highest responsible
Republic Co. of Chicago, North-
chase of
Wester r\
tion
apolis,
National Bank, of Minne¬
H.
Gr.
Walker
Co.,
&
of
New York, and Mullaney, Ross &
Co., Chicago, as
l%s, at a price
99.666, a basis of 1.819%. Dated
April 1, 1948. Due April 1, 1958.
of
Principal and interest (A-O) pay¬
able at the
fice.
State Treasurer's of¬
The next highest bidder was
8 for the
pur¬
$300,000
coupon construc¬
Dated April 1, 1948.
bonds.
Denomination
$1,000.
Due
on
April 1, as follows: $15,000 from
1950 to 1953, and $16,000 from
1954 to 1968, all incl. Registerable
to
principal only. Bidders to
single rate of interest in
multiple of Va of 1%. No bid
for less than par and accrued in¬
as
name
a
a
than all of the
fire
699—were
p.
taxes the
District
assumes
bidder, provided such bid is not
less than par and accrued interest.
The
highest responsible bidder
shall be the one who, having com¬
plied with the conditions of sale,
offers to' take the whole
of
the
plan
issue
by
the
under
selected
the
cost
to
the
valid and gen¬
of, the amount of premium of¬
fered, if any, over and above the
jointly, for l%s, at 99.19.
Seaside, Ore.
Bonds
that the bonds
an' elec¬
Approved—At
eral
binding
are
obligations
of
the
tion held recently the voters ap¬
District.
proved an issue of $100,000 water
system construction bonds.
authorized at the primary election
held on May 21, 1946. A certified
Wallowa County, Lostine Sch. Dist.
(P.
O. Lostine),
Bonds Voted
held
—
At
Ore.
an
election
check
Bonds Voted
—
At
an
election
held recently the voters approved
the issuance of $97,034 construc¬
tion bonds.
Allegheny County Institution Dis¬
trict (P. O. Pittsburgh), Pa.
Bond Offering—James W. Knox,
sealed
bids until
11
will
a.m.
to
the
(P. O.
Bond Sale—The
on
$600,000 school
Feb. 23—v. 167,
699—were purchased by Elmer
E. Powell & Co. of Pittsburgh,
p.
as
2%s, at
a
price of 100.312, a
basis of 1.527%.
1948.
from
Due
1949
Dated March 1,
serially on March 1,
1978, incl. Interest
receive
(EST)
face amount of the issue.
tified check for 2%
&
Co.,
Co.,
Leonard
&
and R. C. Schmertz & Co.
ly), for 2%s, at 100.679.
,
_
A
&
Trust
2V2S, at
■_
17
Co., of Dover,
as
V
of¬
Irene, S. Dak.
held
Feb.* 17
on
proved
the
an
election
voters
ap¬
the issuance of $25,000
system
and disposal
sewerage
plant revenue bonds.
SOUTH DAKOTA
Election—At
to be held
on
an
7
March 2 the voters
(joint¬
000 fire
$60,-
department improvement
an
the
election
vlters
ap¬
Ennis,
certified
Corporation of San Antonio and
the
Wachob-Bender
Corp.
of
Omaha, in joint account, have
purchased, subject to result of
March 2 election, the following
bonds aggregating $300,000:
3 Vi%
$211,000
sewer
Due
water works and
system revenue bonds.
March 15, as follows:
$5,000 from 1949 to 1953 in¬
clusive; $8,000, 1954 to 1958
inclusive;
$10,000,
1959
to
1961 inclusive; $11,000 from
to
1962
check for
31, 1947. A
$3,000 is re¬
quired.
Hidalgo
County and Road Diets.
(P. O,' Edinburg), Texas
Bonds and Warrants Called—It
1965
at
the
inclusive
and
State
Treasurer's
office in Austin:
On
April
1—Road.
Series
1941, bonds Nos. 682/
711;;
.
On April
Series
Dist.
No.
7
' ,
"
'
'
10—Special Road Dist,
1935 bonds, Nos. 601/
605 and 621/623.
On
April
bridge
Nos.
15—County road and
bonds,
Series
1944,
256/267,
278/282 and
.
288/327.
County road and bridge war¬
ranty Series 1944, Nos. 170/
224, 230/236 and 300.
On May 1—Old Road Dist. No. I
bonds, Series 1916, Nos. 391/
394 and 396/400.
!\
Funds for
Texas
Sale—The First of Texas
bonds
and
payment of the
warrants
will
a&ove
be
on
hand at the State Treasurer's of¬
fice, on the dates specified here¬
in, and holders of said securities
are notified to present them for
payment on the specified dates.
Hidalgo County Water Control and
Improvement Dist, No. 1 (P, O*
Edinburg), Texas
Bond Redemption Notice—It is
stated by
C. I. Haven, Manager-,
Engineer, that the above district
has
called
for
redemption all of
its Series 1945 bonds
which the
on
$12,000 from 1966 to 197.1 in¬
prior right of redemption has ma¬
tured, and has on hand $5,000 to
clusive.
redeem other bonds at the lowest
3 y4% water works and
system revenue bonds.
Due
March
15, as follows:
until
89,000
sewer
$12,000 in 1972 and 1973 and
$13,000 from 1974 to 1978 in¬
clusive.
All
of
the
*
r
bonds
are
dated
March
15,
1948.
Denomination
$1,000.
Bonds maturing begin¬
ning March 15, 1959 are callable
from earning only, in inverse numercial
order, on March 15L 1958
subsequent interest
payment date, at par and accrued
interest.
Principal and interest
(M-S) payable at First National
Bank of Dallas. Legality approved
by Chapman & Cutler of Chicago.
or
on
any
offer, and tenders will be received
noon
(CST), on April 1, at
the district's Office.
It is also
reported by Mr. Haven
Series 1945 bonds,
Nos. 965 to 1012, of ihe district,
are being
called for payment at
par and accrued interest, at the
La Salle National Bank, Chicago,
as of April 1.
that refunding,
Irving, Texas
Bond
of $300,and sewer
Sale—An issue
000 3V2% water works
to be held in the hear future the
system revenue bonds was pur¬
chased recently by the First of
Texas Corporation of
San An¬
tonio. Dated Feb. 15, 1948. De¬
nomination $1,000, Due April 15,
as
follows: $4,000 from "1949 to
1951 inclusive; $5,000,1952; $7,000,
1953 to 1958 inclusive; $9,000,1959
to 1961 inclusive; $10,000, 1962 to
voters will consider the
1965
Falls County (P.
will consider the issuance of
bonds.
Feb.
O. Marlin),
Texas
election
Lynch,
at an election on Oct.
bonds.
Hayti, S. Dak,
Bond
Voted—At
proved the issuance of $250,000
independent school district bonds,
and $150,000 junior college dis-
Bond
from
of the bonds are dated
March 15, 1948, and they are part
of the total of $400,000 authorized
on
on
years
All
ment
Texas
Wanted—Sealed
ferings of series of 1937 refund¬
ing bonds, dated April 1, 1937,
will be received by W. M. Ferrell,
held
20
F.McKee, Coun¬
ty Auditor, that the following ob¬
ligations are being called for pay¬
TEXAS
Belton,
Bonds
after
date of issue.
is reported by B.
par.
Offerings
cer¬
SOUTH CAROLINA
Voted—At
follows: $1,000 from
1963, incl.; $2,000 from
incl., and $3,000
1978, incl. Op¬
as
tional
awarded to the Dover-Peoples
Bank
of the bonds,
urer, is required. Legality to be
approved by Townsend, Elliott &
Munson of Philadelphia.
Bonds
Due
•
Sale—The issue of $196,-
Bond
The next highest
A. Webster Dougherty &
Moore,
Dover),
000 school bonds offered Feb.
was
payable to order of District Treas¬
to
M-S.
Co., of Nashville, for l%s, at
Stewart County (P. O.
Tenn. •
which shall be determined by de-'
Library, R. D. No. 1), Pa.
payable
Controller,
bonds
bidders were Halsey, Stuart & Co.,
Blair & Co., Inc., Schmidt, Poole
PENNSYLVANIA
County
$6,000 payable
bonds offered
(P. O. Banks), Ore.
the
Bethel Township Sch. Dist.
construc¬
•1Washington County, Banks School
District
for
are
District Treasurer is required.
recently the voters approved
the issuance of $37,000
tion bonds.
These
50,000 street improvement bonds.
1949 to
ducting from the total amount of
interest to be paid on account of
such bonds during the life there¬
The
follows: $1,000
1953, incl.; $2,000,, 1954 to 1963, incl.; $4,000, 1964 to 1968, incl.; $5,000,
1969 to 1973, incl., and $6,000
from 1974 to 1978, incl. Op¬
tional
after
20 years
from
as
1964 to 1973,
from 1974 to
municipality,
purchaser will receive without
charge the opinion of Burgwin,
Churchill & Ruffin of Pittsburgh,
Co.,
considered.
be
Due
date of issue.
,
1 y>s, at a price of 100.071, a
of
1.45%.
Dated Jan. 1,
1948.
Due serially on Jan. 1, from
School Directors at the lowest in¬
terest
Portland and Harris, Hall &
will
bonds
less
on
1949 to
as
maturity
Board of
terest
for
$125,000 school
Feb. 19—v. 167,
First National Bank of
amount
the First National Bank, Chicago,
United
States
National
Bank,
or
bonds.
from
'
*
by, the
Memphis,
Rohde,
(CST)
a.m.
bonds, divided as follows;
$100,000 water works and sewer
Lewisburg),
purchased
10
of 1948
T enri.
on
until
March
2
for
the
purchase of
$150,000 not to exceed 3%% series
follow¬
station construction bonds.
Bond Sale—The
Texas
Offering —Stella
City Secretary, will receive sealed
bids
ing bonds were approved by the
City Commissioners on Feb. 10:
$750,000 school bonds; $200,000
water system bonds, and $50,000
differ. Said bonds
the interest
Grand Prairie,
Bond
Jackson, Tenn.
Approved—The
City Secretary, until 5 p.m. (CST)
March 9.
Offerings must be
two different rates of interest for firm for 10 days and about
$23,000
the' same maturity plan will be is available in the
sinking fund
accepted.
Bidders may submit for the purchase of such bonds.
bids for each of the maturity plans
Borger School Districts, Texas
and the interest rate for each ma¬
arately,
approved
by
McCall,
Parkhurst & Crowe of Dallas.
by the Equitable Securities Corp.
Bonds
$89,000.
Legality
a
bid of 100.122 for 2y4s was made
maturing March 15, 1950 to 1969,
and
Plan
B—$76,000 maturing
March 15, 1950 to 1974. Registerable as to principal only. Bidders
to
of an authorized issue of
&
Co. of Nashville, as
price of 100.255, a basis
of about 2.20%. Dated Dec. 1,1947
and due $5,000 on Dec. .1 from
1948 to 1957, incl.
Second high
2y4s, at
100.31,
of
March
Bradford
ties
which
on
1948.
Denomination $1,000. Due
County (P. O. Ashland Feb. 10, as follows: $8,000 from
1949 to 1957 inclusive and
City), Tenn.
$4,000
1958.
Bond Sale—The $50,000 bridge in
Principal and interest
bonds offered
(F-A) payable at the State Treas¬
Feb.
24—v.
167,
p.
699—were awarded to J. C. urer's office. The bonds are part
$1,900,000
of
receive sealed bids until 7:30 p.m.
by ja syndicate composed
Halsey, Stuart & Co., Central
TENNESSEE
Texas, of San Antonio, is making
•public offering of $76,000 23/4%
refunding bonds. Dated Feb. 10,
Cheatham
March 20
on
purchase
Publicly
Offered—The
Columbian
Securities
Corp. of
of
bonds.
Offering—Roy C. Peter- 1949 to .1953 inclusive.
Interest
man, Secretary of Board of School
payable J-J.
The next highest
Directors, will receive sealed bids bidder was the Hermitage Securi¬
until
Bonds
basis
Rhodes,
will
issuance
$250,000 municipal electric plant
bonds offered
order
Feb. 20—v. 167, p. 595—were pur¬
Secretary,
the
able
to
T exas
April 20 the voters
on
consider
55
Fort Stockton Indep. Sch. Dist.,
election
single
a
interest,
chased
District
an
Marshall County (P.O.
of
and
Beaver Falls School District, Pai
to be held
will
Falls, S, Dak.
Election—At
expressed in a
multiple of Vs of 1%. A certified
check for 2% of the
bonds, pay¬
rate
turity plan
and general obligations of
County. A Certified check for
$255,000 payable to the County, is
required.
(991)
Sioux
Bond
Township Secretary, will receive
sealed bids until 9 p.m.
(EST)
valid
Sale—The $1,000,000 vet¬
welfare bonds offered on
election
an
Afrril 27 the voters
will consider the issuance of $41,500,000
public
works
project
on
the
rBoiid
erans'
to be held
March
a
Bond
Election—At
coupon
are to bear, expressed in
multiple of Vs of 1%.
Regis¬
terable as to principal only.
Bids
W. Shuler of Portland.
Philadelphia, Pa.
Bond
for
150,000 road, series 58 bonds.
75,000 plan, series 3 bonds.
specify
Feb. 20—v.
Williams port, Pa.
bonds.
Dated
bonds.
obligation bonds
167, p. 699
—were
purchased
by
Singer,
Deane & Scribner of Pittsburgh
at 1.47%.
Dated March 15, 1948.
Due March 15, 1949.
The next
highest bidder was Arthurs, Lestrange & Klima, at 2.21%.
bonds.
District Clerk, will receive sealed
bids uritil 7:30 p.m.
(PST) on
building
on
on
James
until
general
offered
$60,000
Knox, County Controller, will re¬
sealed
porary
less
interest will
be accepted.
Bids must be un¬
conditional.
The
purchaser will
be burnished with the opinion of
Burgwin, Churchill & Ruff in, of
Pittsburgh, that the bonds are
valid and general obligations Of
the District.
Braddock School District, Pa.,
Sale—The $140,000 tem¬
Bond
above
for
than par and accrued
ceive
Newport), Ore.
At the May
primary election an issue of $700,000 will be considered by the
Election
multiple of
a
Bids must be for all
of the bonds and must be on forms
bonds
Lincoln County, Central Lincoln
Public Utility District (P. O,
Bond
of
y4
for
rejected.
interest in
of
rate
Deschutes County, Bend Sch. Dist.
FINANCIAL CHRONICLE
&
Bond
of
Election—At
$1,200,000
bonds.
road
an
election
issuance
improvement
inclusive; $11,000 in 1966 and
1967; $12,000, 1968 to 1970 inclu¬
sive; $13,000 in 1971 and 1972;
56
THE COMMERCIAL
(992)
Southwest Co., of Dallas and Rotan, Mosle & Moreland, of Hous¬
ton,
according
to
the
County
Judge.
$14,000 in 1973 and 1974; $15,000
in 1975 and 1976 and $16,000 in
1977
1978.
and
Bonds
maturing
optional, in
from 1964 to 1978
are
inverse numerical
order,
15, 1963
terest
or on
The
April
on
payment date, at 103.50 and
accrued
interest.
interest
(A-O)
Dallas
Principal
payable at
National
Bank,
Feb.
awarded
and
the
Dallas.
District,
of
construction bonds was purchased
recently by the State Department
of Education, as 4s, at par.
Texas
1,
1970
San
ment date at 103 and accrued
interest.
35,000 3y4% street improvement
bonds
Due
lows:
March
1,
fol¬
as
$1,000. in
1959; $5,000,
1961; $11,000 in
$12,000
in
1963.
1960; $6,000,
1962
and
Bonds
1963
maturing in
callable
are
"1961,
on
or
1962
and
March 1,
on
subsequent
any
interest payament date, at 103
and accrued interest.
17,000
2%%
bonds.
street
improvement
Due March
1,
as
fol¬
lows: $1,000 in 1949 and 1950;
$2,000, 1951 to 1953 inclusive;
'
$3,000,
1954;
$1,000,
1955;
$2,000 in 1956 and 1957 and
$1,000 in 1958.
131,000 3%% water works and
sewer system revenue bonds.
Due March 1, as follows: $8,000 from
1959
to
1963
inclu¬
sive; $9,000, 1964 to 1966 in¬
clusive; $10,000, 1967 to 1969
•inclusive; $11,000 in 1970 and
1971,
and
$12,000
in
1972.
of
Phelps,
Chemical
White & Co.,
&
March
March
on
&
1,
was
from
Blyth
1949 to 1951 inclusive;;
$7,000 from 1952 to 1956 in¬
clusive, and $8,000 in 1957 and
1958,
dated March
1,
1948.
Denomination
$1,000.
Principal and interest (M-S) pay¬
able
at
Bank
the
of
Mercantile
National
Dallas.
Legality to be
approved by McCall, Parkhurst &
Crowe of Dallas.
>•
Harriman
Co.,
Bonds Voted
held
Feb.
on
proved
the
Texas
At
—
11
election
an
the
voters
issuance
of
ap¬
$100,000
Ripley
&
Co., Smith,
&
Co.,
Inc.,
Barney &
& Trust Co., St.
Bank
Louis, Hornblow-
er, & Weeks, Braun, Bosworth &
Co., Inc., First of Michigan Corp.,
Commerce Union Bank, Nashville,
City National Bank & Trust Co.,
Kansas
City,
Eldredge
&
Co.,
Kebbon, McCormick & Co., Illi¬
nois Co., Chicago, E. H. Rollins &
Sons, Martin, - Burns & Corbett,
&
Co., W. E. Hutton &
Co., R. J. Edwards, Inc., Louis B.
Henry Investments, Blewer, Heitner & Glynn, Barret, Fitch & Co.,
Moroney, Beissner & Co., Roe &
street improvement bonds.
Co., W. S. Bain & Co., and Rowles,
McLennan County (P. O.
Winston & Co., jointly, for $3,300,000 as 3s, and $2,700,000 as 2%s,
Waco),
Texas
Bond
Call
B.
—
at
Y.
McDaniel,
100.027.
C. M.
Bonds
that
be
redeemed
at
the
County Treasurer's office.
Refugio County
(P.
Sale—The
O. Refugio),
No.
sale
Feb, 24—v.
on
6
bonds
by
Garrison, County Treasurer,
general refunding war¬
3%
being
called for payment at his
office as of April 1Q.
Denomina¬
offered
Due
in
Dated April 10, 1939.
1967
to
for
167, p. 795—
were awarded
jointly to Fridley
&
Hess, of Houston, the First
1969, with option
of payment after 30 days. Interest
ceases
from and after redemption
date.
4
Tyler,
DIVIDEND NOTICE
AMERICAN
MANUFACTURING
Noble and
.p
*
close
of
bids until 9
has
tha
declared
Record
payable
at the
business March 8,
1948.
The
stock
books will b? closed for the
purpose of
of Common
Stock
at
the
close
of
business March 8, 1948 until
transfer
March
ROBERT B. BROWN,
5
for
the
dividend
a
Common Stock,
*9*8, to Stockholders of
record
;
Rollins,
City Manager, will receive sealed
COMPANY
Streets
New York
The Board of Directors of
the American Man¬
ufacturing Company
G.
West
Brooklyn 22,
of 25e per share on
Texas
Bond. Offering—J.
24
school
1948.
(CST)
a.m.
purchase
bonds.
Dated
on
of
March
$90,000
March
Denomination $1,000.
$6,000
' 1963
on
March
inclusive.
1
from
1,
Due
1949
Successful
certified
a
check
5% of the amount bid.
$125,000
Approved—At
held recently the
election
VIRGINIA
Falls
held
Church,
Voted
Feb.
on
the
17
Granted
A
—
syndicate
to
bid¬
of
Toll
rows
Bridge
Feb.
24—v.
are
mature
167;
County
|
201„
Voted
(P. O.
Wash.
Yakima,
Bonds
Eva Burgett,
will receive
(PST) on
purchase of $60,-
Treasurer,
March 3 for the
school
bonds.
$1,000. Due
inclusive.
Clark
Denomination
from
1950
At
—
solidated School District No. 115<■
i;
;•
y:
tures.
urer's office.
tures.
2,000,000 2V2% refunding deben¬
tures.
ONTARIO
were
offered
awarded to
Feb.
syndicate
a
Ont. ' /
Bond Offering—E. J.
MacVittle,
Town
Clerk-Treasurer,
sealed
on
chase
of
will
Paine-Rice
&
Co.,
both
of
Spokane; and the Washington Na¬
Ellensburg, at par,
net
interest
3.318%,
due
cost
follows:
as
of
about
$250,000
3s,
March 1 from 1950 to 1959
on
inclusive, and
$500,000
3%s, due
March 1 from 1960 to 1973 in¬
on
clusive.
Snohomish'County
(P.
Everett), Wash.
O.
Bond
Offering — The County
Treasurer will receive sealed bids
until 2:30 p.m. (PST)
for the purchase of
ligation
on
bonds.
$200,000
Dated
not
March
1,
Denomination
redeem
par
any
on
all
or
any
of said
bonds
date by giving
in
the
official
Commissioners,
has
irrevocably
pledged itself to include in its
budget, and levy, taxes annually,
within and
counties
neoole in
pay
as a
of
part of the 10-mill
taxes
without
an
a
permitted
vote
the
second
issuance
Rapids,
of
Wis.
mortgage
offered for sale
bonds
167,
commission bonds
of
to
the
amount sufficient to
the principal and interest of
$35,power
purchased
was
recently by a syndicate composed
of McLeod, Young, Weir & Co.,
Bell,
Gouinlock
&
Co,,
Mills,
revenue
Feb.
on
&
24
Paul, Barof Chicago,
& Co;, of St.
price of 100.42,
Co.,
and
Shaughnessy
Paul, as 2.90s, at a
basis
a
April
of
about
2.86%.
&
Co., all of Toronto,
Securities Corp., McTag^
gart, Hannaford, Birks & Gordon,
Royal
796—were awarded to
p.
Kindred
cus,
Dated
1948. Due from April 1,
1950 to 1968, callable on or after
1,
April 1, 1964, at par, plus accrued
interest and a premium of 2%.
Interest payable A-O. Second best
was an offer by John Nuveen
Co., of 101.16 for 3s.
Ny
&
WYOMING
Carbon
both of
Montreal, Midland Securii-.
ties, Ltd., of London, Ont., Coch¬
ran, Murray & Co.,
Harrison &
Co., Fry & Co., Matthews & Co.,.
of Toronto, Collier, Norris &
Quinlan, of Montreal, Burns Bros.
all
.
&
Denton,
Dominion
&
Ames
Wood,
Co.,
County School District
Rawlins), Wyo.
bonds
offered
Feb.
on
R. A.
19—
the
Jan. 1, 1948.
Due serially on July
1, from 1949 to 1963 inclusive.
Principal and interest (J-J) pay¬
able at the County Treasurer's of¬
fice.
The next highest bidder was
Harriman
Ripley
&
Co.,
Inc.,
Blyth & Co., Bosworth & Sullivan
&
Co., and Peters,
Writer
&
Christensen, jointly, for $400,000
21/4s, and $200,000 23/4s, at 100.41.
Rock
Bartlett,
Cayley &
Details—In
Flemington & Co.,
J.
&
bonds
the-
to
of
Bank
Caspar,
National
Bank
National
Stock
of
as
2V4s,
Cheyenne
16
issue—v. 167,
in
reported
p.
and
$100,000
our
Feb.
796—we learn
that the bonds mature
follows:
as
inclusive.
fire
18,000
$1,800
to
/
engine
on
July
County
Bond
.
purchased
State
Bank,
at par.
on
subject
Daly,
District
recently
of Big Piney,
1, in
1949 to
30
on
days'
interest
and1
Issued"
Vancouver.
or
the
to
opinion
legal
,
V
.
SASKATCHEWAN
Debentures
A
of
McTag-
&
gart of Toronto.
;;
.
*
(Province. of) ;
Offered—
Publicly
syndicate composed of the Do¬
minion*
Securities*
Ames &
Co., and Wood, Gundy &-
E.
Corp., -A.
*
Co., all of Toronto,'is offering the
following debentures totaling $5,000,000:
:
;
$3,900,000 3 % % refunding deben¬
tures.
Due
Feb.
/15,5 1962;
These debentures will be call- ..
able
as
a
part
on
any
and
par
..
whole,
not ibr
but
interest date at
interest
accrued
days'
Feb.
9
notice
15, 1960.
on
.
.
or
oa.
after
\.
vl-,100,000 3y4% refunding deben- '
tures.
Clerk
Due
as
tion
$1,000
2s,
and
interest
Due
1956,
Interest payable M-S.
in¬
Feb.
1953. *" *
15,
Dated Febl 15, 1948. Denomina¬
the
by
Dated March 1, 1948.
March
clusive.
1961,
Thistle, .Judson
30
No.
in
payable' in Toronto, Mon¬
Winnipeg
;
$7,500 building bonds
were
1,
or
interest date
any
Principal
(M-S)
1948
,
Sch. Dist.
Sale—The
that
on
/
treal, Ottawa, Saint John, Halifax,
\
(P. O. Kemmerer), Wyo,
states
March
on
Due
from
1957 inclusive.
Sublette
,
bonds.
1,
par
notice.
bonds. Due $10,000
sewer
&
Due March
1, 1948.
Callable in whole
1963.
part at
July 1, from 1948 to 1957,
on
Charles H.
Co.,
Growers
Coughlin & Co. of Denver, jointly,
as
1,
March
Saskatchewan
$118,000
Casper
Graham
L.
Burgess & Co., A.- M. Ramsey
connec¬
tion with the sale of the
Coj, Brawley,
Cathers & Co.,
Springs, Wyo.
Sale
Bond
Daly & Co.,
Gardiner & Co., Anderson & Co.,
Dated
167, p. 700—were purchased by
State, as 2y4s, at par. Dated
v.
Co.,
Corp., A. E„
Fairelough & Co., all of Toronto.
-
Sale—The $600,000 build¬
Bond
ing
&
Gundy
Securities
Co., Ormsby; Doherty & Co^ and
V
No. 3 (P: O.
county
newspaper not more than 20 nor
less than 15 days prior to said re¬
demption date.
The county by
resolution of its Board of County
limitation
election
an
Sale—The $300,000 water
works,
15
days' notice of such intended re¬
demption
by
one
publication
thereof
sidewalk,
Spence
March 1
$1,000,
In¬
terest M-S. Due March 1, as fol¬
lows:
$20,000 in 1950; $21,000 in
1951 and 1952; $22,000 in 1953 and
1954; $23,000 in 1955 and 1956, and
$24,000 in 1957 and 1958.
The
county has reserved the right to
at
consider
com¬
tional Bank of
a
3%
000.000 3% .hydro-electric
y:
16
Harper & Son & Co.,
Seattle; Richard & Blum
of
$98,000
.
April 6 the voters
on
Wisconsin
William P.
and
will re¬
bids
until
noon
March 23 for the pur¬
Ontario (Province of )
Bond
Sale—An, issue of
$200,000 hospital bonds.-
posed of Blyth & Co., Inc., Pacific
Northwest Co., Foster & Marshall,
all
:
/
Cochrane,
bid
Ellensburg, Wash.
Bond Sale—The $750,000 water
bonds
-
•*-
1
Juran & Moody, of St.
$24,000
school
bonds offered on Feb. 24—v. 167,
p.
795—were purchased by the
State, the only bidder.
Dated
Feb.
15, 1948.
Due serially on
June 1, from 1949 to 1966 inclu¬
sive. Principal and interest (J-D)
payable at the
County Treas¬
revenue
Election—At
held
be
—v.
(P. O. Vancouver), Wash.
4
Bond
to
Bond
Sale—The
Do¬
the following debentures:
ceive/
(EST)
y
election
an
Platteville, Wis.
1963
to
County, Battle Ground Con¬
Bond
the
2,000,000 2%% refunding deben¬
WISCONSIN
sealed bids until 10 a.m.
000
Offered—
by
796.
p.
County, Sunnyside School
Vancouver),
—
(Province of)
Publicly
headed
$5,500,000 3V4% refunding deben¬
after March 1, 1951.
District No.
,
•
Offering
BRUNSWICK
Brunswick
dated March 1, 1948
on
March
1, 1978.
on or
Wash.
Bond
May 28, 1948.
syndicate
tion
bonds
revenue
.
O.
was
average rate
Feb. 27, 1948
held recently the voters approved construction bonds.' Principal and
the issuance of $175,000 construe- ' interest payable at the Bank of
Nova Scotia, Cochrane.
tion bonds.
\
v
(P.
issue
an
Dated
Debentures
A
8, to purchase, as
2%s, the $14,000,000 Tacoma Nar¬
ap¬
WASHINGTON
113
0.411%.
New
Clark County, Ridgefield Sch. Dist.
No.
1948.
Sold—An
Bills
Feb. 26 at
on
NEW
March
Yakima
voters
6,
$75,000,000 Treasury bills
ap¬
& Co., Inc., both of New
York, has been granted an option
until
proved the issuance of $1,000,000
water bonds.
Treasury
of
Feb.
-•
Bell,
Washington Toll Bridge Authority Gouinlock &
Co., both of Toronto,
(P. O. Olympia), Wash.
is offering for public
subscrip¬
election
an
<
elec¬
an
voters
Callable
Va.
At
—
•
minion Securities Corp., and
Option
an
Dated
May 7, 1948.
and due
headed by A. C. Allyn & Co. and
March 8 the voters
on
0.40%.
<
proved an issue of $175,000 swim¬
ming pool bonds.
offered
1948
Treasurer.
Enclose
same.
The bonds
1948;
Warrants Called—It is stated
tion $1,000.
$600,000 Road
District
Texas
rants numbered from 41 to 45, are
T exas
Bond
of
to exceed 4% interest general ob¬
Trinity County (P. O. Groveton),
County Judge, announces the call
for redemption on March
20, 1948,
of airport bonds of 1941, Nos. 85
to 150, in $1,000 denominations.
will
issuance
ap¬
of
sold
and
Due
Mercantile-Commerce
Dittmar
McKinney,
voter's
the
Treasury
opinion
of
Preston,
Thorgrimson & Horowitz, of Se¬
attle, approving the legality of the
for
bidder
'
-
•
(Dominion of)
Bills Sold—An issue
of $75,000,000 treasury bills was
at! sold on Feb. 5 at an average yield
interest
with
will consider the issuance of $1,-
Co., R. D.
Northern Trust Co., Chicago,
system revenue bonds. Due
March 1, as follows; $6,000
are
14
election
an
Election—At
Bonds
'
Canada
Due
450,000 school bonds.
all inclusive. Dated
1948.
the
bonds at par.
Bonds
County, County School Dis¬
(P. O. Provo), Utah
Co.,
Co.,
CANADA
4
i
will purchase
Bonds will be
said
tion
•
„
All the bonds
the
At
—
Feb.
Bond
G. H. Walker & Co.,
1968,
which
of
rate
1948
ac¬
shall
Sunnyside, Wash.
Voted
to be held
Co., J. G. White
& Co., Seasongood & Haas, all of
New York, Fahey, Clark & Co.,
of Cleveland, J. M. Dain & Co.,
of Minneapolis and Thomas & Co.,
of
Pittsburgh,
at
a
price
of
100.0566, a net interest cost of
2.798%, as follows: $2,700,000 as
3s, maturing $300,000 on March 1,
from 1949 to 1957 and $3,300,000
as
2%s, maturing $300,000 from
to
election
an
trict
Wm. E. Pollock &
1958
shall
same
submitted
Blyth
Trust
MacKinnon
An
—
UTAH
Utah
serially on
1, 1960, or
on
any
subsequent interest March 1, from 1949 to 1968 inclu¬
payment date, at 103 and ac¬ sive. Principal and interest (Mcrued interest.
;' S) payable at the City Treasur¬
69,000 3% water works and sewer er's office. The next highest bidder
Callable
Voted
on
proved
Glore, Forgan & Co., R. W. Pressprich & Co., White, Weld & Co.,
all of New York, Alex. Brown &
Sons, of Baltimore, Harris, Hall &
Co., L. F. Rothschild & Co., Paine,
Webber, Jackson & Curtis, East¬
man,
Dillon
&
Co.,
Hemphill,
Noyes & Co., all of New York,
Rauscher, Pierce & Co., of Dallas,
Coffin
&
Burr, of New York,
Schoellkopf, Hutton & Pomeroy,
of Buffalo, Laidlaw & Co., Roose¬
velt & Cross, C. F. Childs & Co.,
Tripp & Co., Ira Haupt & Co.;
Donald
lowest
sold
improvement bonds.
Texas
&
Bank
an
construc¬
sewer
Feb. 7 the voters approved
issuance
of
$350,000 resort
held
Fenn
authorized
voters
the
County (P. O. Laredo), Tex.
Bonds
O. Miami),
series
A-47,
sanitary
sewer plant system bonds offered
on
Feb. 24—v. 167, p. 795—were
purchased by a syndicate com¬
posed
on
Willacy County, Redfish Bay
Navigation District (P. O.
Raymondville), Texas
ligation,
1972.
1961 or on
subsequent interest pay¬
1, 1947.
Dumas &
by
$6,000,000 pub¬
lic improvement general tax ob¬
Callable March 1,
any
$100,000
election
an
project bonds.
Nov.
Antonio,
is
on
the
has
Bond Sale—The
and
and
the
of
the First National Bank of Pampa,
1964; $20,000,
1966; $18,000,
1968; $28,000,
1965; $11,000,
1967; $21,000,
1969;
$29,000 in
$30,000 in
1971
held
Bond Sale—An issue of $150,000
was sold on Feb.
9 to
fol¬
as
Dated
bid
the
bonds.
Webb
bids
■
16
tion
road bonds
$198,000 3 %% street improvement
March
bonds
Roberts County (P.
Texas
offering of the following $450,000
bonds is being made by Rowles,
Winston & Co., of Houston:
Due
Feb.
issue
the
as
The
crue.
Wharton, Texas
by Hatcher & Co.
approved
specify either (a) the lowest rate
of interest and premiums, if any,
above par at which
the bidder
will purchase said bonds; or (b)
of
1%
Bonds Voted—At
Huguenin of Dallas.
Bonds Publicly Offered—Public
bonds.
Dallas.-
Legality
for
check
Bonds
construction
been purchased
said
of
the
Bonds Sold—An issue of $41,000
school
Texas
lows: $11,000 in
at
T exas
issue of $20,000
Lufkin,
sale
bonds
Monday, March 1
for legal opinion and
the bonds.
A certi¬
pay
District No.
for
167, p. 795—were
L. Wright & Co.,
J.
CHRONICLE
FINANCIAL
required.
Rising Star Independent Sch. Dist.,
Independent School
Bond Sale—An
fied
Antonio, and associates,
reports the County Judge.
7.
Lindale
.
to
to
printing
San
of
Legality approved by
Chapman & Cutler of Chicago.
-
offered
time—v.
same
Bonds are part of the issue of
$500,000 authorized at an election
on
$225,000 Road
2» bonds
subsequent in¬
any
der
&
and
$500.
(F-A)
Principal *
'payable
-
in-
Canada.
Approved as to legality
by
Thistle, Judson
Daly,
Taggart of Toronto.
& Mc-
@FedFRASER