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MONDAY
Reg. U. S. Pat. Office
Volume
4577
Number
165
General
RAILROAD
Inc.
Stores,
Hat
Adam
;
—
Sales 'Dropped
February
-
INDUSTRIAL
INSURANCE
-
MISCELLANEOUS
-
CAPITALIZATION
Aldred Investment Trust—Status—
GIVING
*
24.6%—
;
<
1947—Month—1946
Period End. Feb. 28—
933.
p.
1947—2 MOS.—1946
$2,259,653
$l,260,8l>7
$950,317
165,
Trust
This
-
Sales
—V.
according to
$2,789,531
had
balance
a
on
hand of $451,839
of
$820,000
Aetna Life Insurance
Interest
cash
as
of March 1,
U.
$1,000,000
U.
S.
Treasury
U.
payment on
BUSINESS
which
the
$4,375.—V. 165, p. 1182.
from
in
->
Co., Ltd.—Initial Distribution—
Adelaide-Sheppard
Judge Gale on Feb.- 10
ar.d
the
first
T/c
mortgage
Tjlarch 31,
^Windsor or
be
stamped
•—V.
146, p.
Air
-
with
present his
to
appropriate
an
of
notat.on
536.
payment
:#'•
3i—
-
.
Inc.—Eariung^fe {
i
V
"Sn.
1946
#1^845,867
-
____
"
1945
I:
Dividend Rate Reduced—*
directors
a
'
■
"
*
New York
,
'
•
,
dividend of 10
-March 17 to holders
quarterly
-/
cent£
v
*
per
^Philadelphia
of record
MarchAlU;Au««t»<^ning.s tor the lirst quarter ended Dec. 31, 1946^
reflected a marked improvement over the same period a year ago and.
exceeded the quarterly dividend of 20 cents per. share paid Dec. 8,
the
on
directors deemed
the
-1946,
eonc
it
advisable, in-view
.
estimated
of
second'
New Contract—
Kenneth
.exclusive
:
165,
'
MacGrath, President, on March 7 announced that a nonhad been -entered into, with Shell Oil Co., Inc.
agreement
1181.
p.
'
,
_r____1484
'.
First
that
out
-1
of
State and
tober.—V.
t
•'
-V.'j " '•
—-
165,
-
Alabama Power
revenue
Operating
of
Amort,
304,630
deprec.__L
plant
3,482,995
288,675
Federal
Condition
Federal
3,463,957
adjustments
Income
Federal
48,766
]
•
641,605
taxes__J
;___
$934,347
long-ter.n debt
Amort, of debt discount,
243,862
Gross
Inter,
income
on
•'
premiums and expense
Other
Net
Divs.
deductions
__
''
,_L % $687,996
105,000
preferred stock
f
,
233,333
2,902,650
1493
Reserve
y
1494
Banks—
Statement of Member ^Banks
$645,292
189,082
43,037
$6,962,762
1,559,993
;
$582,996
Balance
$456,210
Appropriation to special property reserve—:—
$5,402,768
a—
Reserve
System.1494
1447
.
March
of
'
.
■-
■!
04,720
$6,015,856
2,268,986
$3,746,870
1,066,667
the company.
Transfer Agent,
OFFERING
: TO
^
J
Marine. National Exchange Bank,
STOCKHOLDERS—Company
is-
Interest
1946
to
Corp.—Annual Report—The
1395.
together with in¬
published
,
YEARS i
CALENDAR
ACCOUNT FOR
.
-
194J
4"
offering
for
Federal
Net
".allocation
thereof.:
'
"
^
1944
S
$
27,823,953
38,534,060
40,325,433
2,677,396
2,703,272
471,063
420,349
2,705,870
426,720
30,972,412
41,657,681
3,000,000
'
.
t
income
Prov.
1945
3,079,940
734,023
V\Y.
..
$
44,906,273
income
Total
Milwaukee.
—
r
-
■
43,458,023
■
4,000.000
conting—
2,000,000
taxes__
16,199,582
12,058^807
20,632,606
20,434,344
26,706,691
gen.
18,913,605
18,025,075
19,023,630
income
income
Previous
$
surplus
_____
210,763,741 205,134,730 200,394,248 194,655,153
to
,
165, p. 1309.
213,399
in
41,092,310
V
<,
-
income
Total
Common
Divs.
on
surplus
dividends
Balance
Shares
in
237,470,432 224,048,335 218,419,324 213,678.843
19,210,304
14,407,728
14,407,728
14,407,728
"
'
•
v; . •»
income!. Cri;497,5l2 Crl,l23,134 Crl,123,134
surplus
com.
v/^sfiwsling
-T__.
!
;
A" After prevision for
Crl,123,134
219,757,640 210,763,741 205,134,730 200,394,250
stock out(no par)___
((Earned per share
v
.
inci.
not
Y
stock,
treasury
-v;.
quarterly of 37% cents and an extra of 25 cents.—V.
213,850
13, page
INCOME
income
"Gross
•
-
Dye
&
,
„
,.♦
Chemical
issue
our
Dividend
•
,
A
s-.
$501,3r5
$319,341
account and balance sheet for 1946 were
come
in
the
holders of 5,676 of its 213,852 shares of outstanding common stock,
■'Balance
$5,402,768 - $2,680,203
of record March 4, rights to subscribe at the\ratio of one share for
p—'V. 165, p. 805.
"
" ' \
*
'
v: each 8.554 shares then held, at $26 per share, for 663 shares of the
- • •".-'frW*:
w 1:
•• *.
"
-.V-:'.?S,
:■;/>
-♦
..•///•.•
*-.r; *
.• -.U!..V,T
'
?; 25,000 shares of unissued stock being sold by the company.
The right
Aldens, Inc.—37 Vi-Cent Common Dividend—? •
to subscribe expired March 10. Company had received from all other
The directors on Feb. 28 declared a quarterly dividend of 37% cents
'stockholders signed waivers of their rights, " v
^ :•- *per share on the common stock and the usual quarterly dividend of
PURPOSE—^The net proceeds from the sale by the company of the
$1.06'A per share on the 4'/«% cumulative preferred stock, both pay¬
able April 1 to holders of record March 10
25,000 shares to be sold by it are estimated at a minimum of $599,i: -r, -'-'.
4
869. These proceeds will be available for general corporate purposes
Payments last year "on the common gtock were made as follows:
and will be added to the company's working capital pending specific
April 1, 15 cents; July 1 and Oct. i, 30 cents each; and Dec. 21, a
•
4,226
1,749,845
$818,272
remarks of F. J. Emmerich, President,
Co., Milwaukee—Stock
Offered—A
banking syndicate headed by The Wisconsin Co. on
March 5 offered 70,892 shares of common stock
(par
$10) at $26 per share. Of the shares offered 45,892 are
being sold by selling stockholders and 25,000 are being
issued by
:
5,112
870,895
10,315
320,778
/
—
—
Allied
of
Allis
(Louis)
92,680
62,770
46,552
$2,255,467
V.
1946
2,871,560
V
42,045
$1,195,348
818,000:'
taxes-
$9,044,817
Cr857
1,294,5.79
$2,208,915
provisions
CONSOLIDATED
*
income
on
$9,971,221
7,723
5,004
Cr2,516
1,256,909
$1,153,303
.
income
4,246,776
$885,491
;
1,420,857.
$1,603,121-
profit
•>•■
■
2
1
__
r 1944
1945
of $100,000 in 1944 and $250,000
reduce inventories to basic price level.—V. 165, p. 940,
■
3,008384
53,143,906
14,172,588
& Co.
2
43,465
for
^Including
292,596
585,193
48,766
701,829
—-
taxes
^2
Co;
Dalton
F.
1946
charges
Net
Capital Flotation for February..^
acquis.
'
General
-
operations
Dividends
and Payable——____1494
Exchange Rates.—'
Combined Condition Statement of
$2,630,636 $33,849,160 $32,644,750
816,098
12,493,256
12,588,218
1,208,839
Declared
Foreign
•:
1947—12 Mos.—1946
1947—Month—1946
$3,197,911
_
expenses
for
Provision
__
V-
Co.—Earnings—
Period End. Jan. 31—
Gross
'•'»
___^_1491
The Course of Bank Clearings.
Dividends
-
.
income
Other
2
JZ
Co.__—
Notices
-
.
Gardner
and
$12,968,505 $13,596,^718 $15,394,919
9,944,526
11,186,505
11.891,425
from
Provision
3
2
Co.
&
Monroe
$1,646,587
/F
.0
l.___
—i-w
INCOME FOR CALENDAR YEARS
OF
-
Other
Co.-
&
Co.
Riley & Co.
..
Net $ales
News_l 44.Y'
1503
Redemption Calls and Sinking Fund
a
65.
p.
City Bond Offerings
Best
The Marshall
& Hopwood..
4
& Co.—,.— / 4
Whipple & Co.
4
Profit
C.
Braun,
Jaffray
STATEMENT
.1472
1
General Corporation and Investment
dividends
paying
4
A.
Walker
H.
Collins
Bingham, Sheldon & Co.
11
4
Inc.__
Company,
Piper,
Bacon,
,
the
position profit-wise to give favorable consideration
quarter-annually during the year 1947, in such
amounts as the directors may determine."
u
"
In 1946 dividends of 10 cents each were paid in February and Oc-
the corporation in
....
Corp.
.,,,.4
Co,
Illinois
M. Dain &
J.
Selling and general and admin, exp.
10 cents this year, Mr.
,.,.to
&
G.
'
Miscellaneous Features
207% 'above 1941, the previous all-civilian
v;
Michigan
'1
Julien
*Cost of sales
company has already.paid one dividend of
Nuffer says "continuation of the present volume
production and sales at present costs and sales prices should place
Pointing
of
Kalman
-
& Co.
The Milwaukee Co.
Stock Exchange—1472
Stock and Bond Averages
.-production year, J. H. Nufr'er, President, said in the annual report,
;;
McCormick
Th6
;15
11
Higginson Corp.
Kebbon,
rr.t
21 >
Thtr "Wisoonshi-Uor
Lee
-/•*'
:
to be.
Pur.
^
the per¬
•
' % '
»•">.;
i
-■
names of the underwriters and
purchased by each are as follows; ;
FH
A/FtF;
■ •
Transactions New York Curb Exchange____1472
,«
'
Sales volunle last year was
UNDERWRITERS—The
Exchange__________-_--_1484
Transactions New York
present
its
centages of shares-to be
Air-Way Electric Appliance Corp.—To Pay Dividends
Quarterly—
of one-half to 20 horse power account for approximately
dollar sales volume.
v;
various types of motors manufactured by the company include
range
of
F "r ■»'
____—_____1486
Montreal Curb Exchange...—
—-.I486
Toronto Stock Exchange
1487
Toronto Stock Exchange—Curb Section
1489
Over-the-Counter Markets
1490
!i under which Air Associates will supply aircraft parts and accessories to.
fihell airport dealers throughout the entire Pacific coast territory.—
V.
%
.*
Montreal Stock Exchange
p'j pJ=.o made, and, in addition, an extra of 20 cents was paid on Sept. 9.
one-half
.
______
Exchanges
to
power
builds
horse
company
and direct current motors in sizes*ranging
100 horse power. Alternating current motors
except that customer demand for generators does not require as many
electrical or mechanical
variations as
does the demand for electric
Sales of generators constitute less than 5% of the company's
dollar sales
volume
and
are
made primarily to many of the same
t customers who purchase electric motors from the company,:
j,
St.; Louis Stock Exchange__^.__——1484
San Francisho Stock Exchange_—1485
'
-
Stock
'Pittsburgh
..quarter profits, to reduce. tpc common dividend at this time..--In each
of the three first quarters of last year, a distribution of '20 cents was
'
Stock
horse
power
the present time the
sizes
ranging from
At
in
motors
horse
f: motors.
Exchange.—___x_._1483
1483
Detroit Stock Exchange
1483
Los Angeles-Stock Exchange__J.,_^_x^i._-1483
Stock Exchange
industries.
current
.
Cincinnati Stock
Cleveland
$0X9
1901.
.
__1482
Chicago Stock Exchange______w__
*0
*12,207
*-r
Stock Exchange
—
$918,870
Net profit after charges and taxes-.*—40,516
Earned per share on 134,905 common shares...$0.30
The
share
,
-
;
v-
(Stocks)_____—1461
New York Stock Exchange (Bonds)
1472
New York Curb Exchange.1477
Baltimore Stock Exchange.
1481
Boston Stock Exchange___________—_
1481
..
returned.
and
,
Associates,
Quarter Ended Dec.
Sales
required
is
PROPERTY—Company
practically all of the recognized industrial types manufactured by the
electric
motor
industry. Company's line of motors includes among
others explosion proof motors, splash proof motors, enclosed fan-cooled
motors, rolled shell motors, slip-ring motors, arbor motors and textile
motors,-all manufactured with many mecha'nical and electrical varia¬
tions such as'flange
mountings, high torque, multi-speed, etc.
The
company was the
first manufacturer to develop many of these and
other special motors included in its line. :
:
The company's generator line ranges from 20 kilowatt to 100 kilo¬
watt alternating cutrent and from one kilowatt to 50 kilowatt direct
current, Generally the processes for the manufacture of generators are
substantially the same
as
for the manufacture of electric motors
Page
bonds on or before
1947, at the office of the Trust company in Toronto,
Niagara Falls, Ont.; Canada. The bonds so presented will
bondholder
/Each
It$ue
Stock and Bond Quotations
of
return
of
capital the sum of $134,366 in Canadian fund, such
.distribution being at the rate of $23 in Canadian funds for each $100
original principal amount of bonds held.
.
'
ThU
was
incorporated in Wis¬
Since
inception
company's
manufactured
exclusively of electric motors and generators
the industrial type designed for and used primarily in
goods
500
one
the
The
In
ordered the Guaranty Trust Co. of Canada,
distribute pro rata among the holders of
(closed) 20-year sinking fund bonds by way
to
manager,
to
power
v.
Outstanding
Authorized-/
300,000 shs.
238,852 shs.
1946 $500,000 bank loans."'
consisted
of
are
capital
alternating
FINANCING
PRESENT
TO
;
outstanding at Dec. 31,
15,
have
products
EFFECT
,
par)
AND
March
consin
S. Treasury ceruucates uue rej i, un, ior
certificates due Feb. 1, 1948, was $180,000.
S. Treasury certificates due Feb. 1, 1947, was
($10
Company had
r.,
-
Cash allotment on ex¬
80%
receiver
\
t
stock
Common
District Court by
the monthly report filed with the U. S.
and Edward F. Good0 re»i>iver5;
Proctor
Receipt from sale of securities were $25,814.
change
i
O.
Edward
-
Co.-^-Secondafy Offering—The
First Boston Corp. and Putnam & Co. on March 11 of¬
fered as a secondary distribution 9,000 shares of common
stock at $44.25 a share, with a concession of $1.25 to
dealers,—V. 165, p. 1061.
I
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, March 17, 1947
New
2,214,099
y
,•
$12.06
r!' !
2,214,099 j. 2,214,093
.■>
$8.14
$8.54
depreciation, obsolescence, repairs and
$8;59
/
' .v
atrstate and local taxes.
2,214,099
renewals,
Trading Markets in
>
Over the Counter Securities
Troster, Currie & Summers:"
Members
74
New
York Security Dealers
Association
Trinity Place, New York 6, N.
Telephone HAnover 2-2400
Private Wires to Buffalo
r
:>
Y.
/
Teletype NY 1-376-377.
Cleveland Detroit
Pittsburgh St.
*
-
;vf
Louis0
f446
:v;h)/;Vv/' -k
CONSOLIDATED ■, BALANCE SHEET DEC. 31
,>//)?/)/ 1946
'
ASSETS— xifcifrv.
account
at
Investments
__
less
cost of
__
——
ii
)/$ 1945
$
-
Property
American Light & Traction Co.- -To, Buy ^More Detroit Edison Common—
1
1
V;
securities at cost——
Government
S.
securities at cost
notes receivable————
tMatketable
&
Accounts
Inventories
Patents,
__
__
_____ —~--
goodwill, etc
processes,
5 LIABILITIES—
.'
accrued
Taxes
10,615,370
accrued——————
Government cbntract advances
S.
.
20,676,132
——
.
—
surplus
^Further
^Treasury
————
————
-
I—
""
stock
118,720,405 109,726,506
165,
Stock
v
...
Int.
<
The
new
telephone
if
circuit
have
American
Power
Cities
&
Int.
Light
Dec.
which traverses
mile path
hours a day
4,700
a
and radio conditions permit.
Jjarch 11 filed
*k
—V.
would still
i of
1946..
to
Other
% t
Other
/
■
Glass Co.
.
] 1
1946
.
.
to
preferred
$227,931
stocks
608,609
$2,309,762
:
65,204
48,141
155,628
..
-__„1.™1
deducting cost of products sold,
to holders of
BONDS
30 cents per share has been declared on tfia
••
'
i:due
j
will
i-
be
.
Years—
1946
-
STOCK
.
Common
$75,726 /t$189,002
948 *
7$5
$656,856
69,967
Com.
stk.
,
..value excluding
59,346
premium)
..Total
-
$1,274,583 / $716,196
Inventory of ore concentrates at Dec.
31,
1945
59,346
Including material,. labor and,
/ .Net
depreciation). repairs/ jand taxes.,
Sale
value of production.
of molybdenum——™—™
!
The New York Curb Exchange has been
.
until
the
close
f
...
$1,215,237
1,039,470
^y;Dobiittlef BchoeHHamlin"& Lunt.
administrative
office
General
expenses—™
PRESENTLY
,17,529
($5
Interest on'
first) mortgage notes payable-.:—
of,,financing expenses
—
72,746
.
'
»'
and expenses of trustee and engineer.
Fees
series, for the sale of shares to the corporation at $48 per share, subject
" ,
,'
to the terms of the company's letter of Feb. 28.
.
•-
•
Profit
.
28,560
......
.
Net
Years—
earnings
Federal
Net
:
:
after charges
taxes
income
.__
common shares
;
V
:
..shares outstanding and
both years as stated give effect to the
on
Nov. 1,-1946.—V.-165, p. 66. /
J
♦Average
Earned
♦The
number
per
of
share_:
average
'
in
was
this
'•
before
zation
&,
•
provision of depletion,
depreciation—!
$519,632
)>
$213,936
:
48,894
;
•*'
i V
28,900
.
•
85,570
$321,020
.34,794
•
35,247
*
Stock
^
ASSETS—
c
Cash
on
i,
1
25,083
37,427
85,569
'$31,064
■
31
:
)it.//):/,)/,;)
hand
and in banks.—
on March 12 whereby acquisition of stock
by Standard Oil Co.- (New'-Jersey) ;/and
Inc. is delayed pending outcome of current
:;)"1945'K'
1946/)
$204,645
'.j.
premium receivable:
:
—
Ore
concentrates
delivered
or
in transit to
smelter & on hand (net).—;j.__——.____J^v/))
Miscellaneous accounts receivable
>
Other assets & deferred charges————_
♦Land, mining claims,- etc.. (net)r„.
"'Production
company
Co.,
1,837.
amorti-
Depletion of Jand. mining claims, etc._;
•
reached
Oil
7,376
35,192
quota
*
$21,681
): 128,603:
69,967
•
59,346
14,864
"10,96a
201,789
120,319
>
discussions and legal action in London. England,, concerning a group*..
;
927,592
976,486
agreement reached in 1928 among participants in Iraq Petroleum Co.
v 1,565,618,: 1,430,46?
An "agreement in principle" with Jersey and Socony-Vacuum was / ), tLand, buildings, equipment,
679,527
703,860
tMine development----—'
announced last December, whereby these two companies would acquire /
$15,176,805 $13,103,076139,023
344,689
/ §Stope preparation for mining__)._^Z)iV_'_*___^ !;,
6,278,884 - -7,278,240 1 a total of 40% of Arabian American's capital stock—30% by, Jersey, !
145,332
1iSurface stripping in advance of mining—
and 10% by Socony-Vacuum. Arabian American is now jointly owned
•246,072
260,788
by The Texas Co. and Standard Oil c<v n*: California, v
4-- ,
$8,897,921
$5,824,836
9,170
9,170
Intangibles •
In order to make funds available pending acquisition by. Jersey and
J 3,616,909 V 3,294,663 :
Expense of financing under first mortgage notes "'
\
Socony-Vacuum of'this stock, • the - Arabian ''American* Oili Co.'5' has /
$2.46
$1.77
7,233 /*/
14,609
the per share earnings for ^ 'borrowed $102,000,000 on a bank loan. The, loan /will extend/over,'a ; ;) / payable,'" less amortization_i_/w__—_L—
10-year period, and of the total amount, $76,500,000'has been guatthree-for-one stock sp'.it-up
v
anteed by Jersey and ,$25,500,000 by Socony-Vacuum." Upon completion ); 4') Total
$4,246,026 / $4,080,974
///"V
v-'-v>' ) ' i ;■ ■■■■' >. • '
' ) / ;) C
American Home Products Corp. (&
calendar
Agreement
interests
Socony-Vacuum
,77,967
i
7,376
4,780
,
)/ Arabian American Oil Co.—Transfer of 40% of
Dolayedrr^Borrows $102,000^000.irom .Banks—t,
corporation will prorate the amount to be accepted if more than
24,695-6/10 shares are tendered.
/•'■-/•::
>•'
/.■
The extended offer will expire March 15, 1947.—V. 165, p. 805. ///))/
-v.-:
J;. • ^
^ , ■,...... < V/: ;)/ V,
,:y y
662,914
$301,117
-
233.568 shs.
BALANCE SHEET—DEC.
,
The
.'
$604,534
Amortization
.
fr1
16,842
/
$361,797
733,810
Profit
respective
Amortization of mine development
amount- of 5% bonds to be purchased by each are as follows: ? '' ^
)
Depreciation of buildings and equipment
Doolittle, Schoellkopf
>
;v Hamlin & Lunt—^—-- 100,000
Deprecition of .war facilities—
;—:
& Co.
$145,500 * Kinloch,' Huger & Co.— ^ 50,000
A.
G. Edwards & Sons
175,000
Stevens, Dann & Co., Inc.;
15,000
Net profit for 'year—-—1———1)—I—1—i_L.
—V.. 165, p. 933; V. 164, p. 5409.
r
w
/ )
/
- ■
.
$378,639
$129,277
.
—-L
..
19,672
...
Produc.'quota prem. allowed by Metals Res) Co.
367,712
14,800
.-
$148,948
OUTSTANDING
gold notes, due July' I;1 1955:
917,296
139,887
■
" 6,829
:
;
Boarding house, thea. & serv. stk. op.—net exp
;
> -
.
7,226
$693,344
165,188
Provision' for amortization of'stope preparation
Abandoned stopes written offi__—
1/ 135,170
;
,
advised that this corporation
of business March
15, 1947, its invitation
for tenders from holders of its convertible preferred stock, $2 dividend
extended
$686,118
.
..
r"
30,07ft
..
$1,215,237
.
UNDERWRITING—The names of the underwriters and the
1062." '
>
$948,381
291,531
' $75,726t$189,787
—--——-i-par) -outstanding—'
purchase warrants expiring April 1, 1955 for
stock
/
475,085
546
♦
April
25-year 6% Convertible
Outstanding
—
1945
$1,679,701
$1,204,616
w106,164
extended bonds.
AND
<
road
calendar
coll..trust 20-yr. 5% sinking lund bonds, '
1
1, 1966: \
/>■" -vV.-Av'•)/.-■>v) ••■■"-tV//
Issued, and outstanding
l__JL
—
»$1,314,580--■
Authorized but not issued-—-—' 485,500
■
1
has
$1,654,507
April 9 to holders of record March 25.-^. 163",
t$189,549
.
——
————-—
dividend,^
initial
Gross receipts from shipments! excl. premiums)
Smelting and refining charges and freight—
First mtge. &
.
taken due to a postponement In sale of the
new
cumulative preferred stock authorized by the stockholders at a
special meeting held on Sept. 9.
The proceeds of 30,000 shaTes were
to be used to carry through the building construction and
the new
equipment program.
)
* *; y ,v
1;
According to Mr. Frederickson, when market conditions warrant,
^
608,600
;s
166.
*w'iU
*
-
\
$2,263,116
?
reimburse
Co.—Long-Term Loan Sought—
American General Corp.—Offer Extended— /
^
-
$2,918,371
APPLICATION OF,PR.O.QEEDS^-The netf3r6ceeds,
l»e uspd to
the company's treasury for $045,890 expended. by it to re¬
deem the unextended 6% first^mortgage bonds and /to.pay/the. premi¬
•
report for the calendar year 1946,' Charles R. FredChairman, stated that "negotiations are under way for an
interim .long-term loan tomeet outstanding commitments
as they
p.
$274,334
applicable
-
.
.
106,047
48,736
inc.
deductions
the annual
"R fayorahle underwriting .will be arranged.—V. 165,
231,000
13,000
earned
Bagdad Copper Corp.—Earnings-
kopf & Co.; A. G. Edwards & Sons, and.
;; This action has been
•
52,000
inc.
net
to
a list of 97 prospective bidders/The
designated as Baltimore & Ohio equipment trust
certificates, series T, and will mature in ten equal annual installments
of $565,000 each) on April 1, 1948, and on the first day of April yearly
thereafter, to and including April 1, 1957,
•
v
Tbe certificates are being issued to finance not exceeding 80% of th'fe
net cost of $1,000 70-ton open-top steel hopper cars, (500 to be build
by the Pressed Steel Car Co., Inc., 500 by the Pullman Standard Car
Manufacturing Co.), and 1,000 50-ton open-top steel hopper cars by the
Bethlehem Steel Co.—V. 165, p. 1310.
'
110,640
$75,925
749
made Feb. 11 at 97 V2 and interest
ums
become due."
Cr67,217
$2,494,116
The invitations have been sent to
$140,601
A; JP. WrvPi'oductsCo.,'Inc.—BondsOffered—Publicoffering of $485^500 first 'mortgage Zand* cbllaterali- trust
20-year 5% sinking fund bonds, due ;ApriL'.I,U966/fciysts
erickson,
,
trans,
certificates
' Vf' l'945"
$665,278
>
.factory expense, but. before deducting •
fLoss.—V.163, p. 2718,
,
expenses,
1182.'1'
Q^lortype
Crl40,205
$2,970,371
mjssion.
,
(& Subs.)—Earnings—
,r"
profit).
♦ After
■
.The petitioners asked that the court-fix a time for a hearing cn the
.petition.■ /---- Proceedings in. the base were instituted" In Federal * District Uourt
on Feb. 27,
1942, when Central States filed a petition for reorganiza¬
tion, listing liabilities in excess of $24,000,000. Present trustees for the
debtor are Carl J. Austrian of New York and Robert" G. Butcher of
In
Cr4,196
$240,931'
A
has just- sent out a request for bids on, a uroposed issue of
$5,650,000 of equipment trust certificates to be issued under a proposed j
agreement and lease of.railroad equipment (Philadelphia plan), dated
April 1, 1947, subject to the approval of the Interstate Commerce Com-
-
Net profit
in the petition would affect a saving of $2.50
share on 71,000 shares of American Cities. Power & Light "A"
.stock, "which under the corporation charter, may be retired in liqui¬
dation without premium."."
*■)*•"
- .
'
1
.
*
*
American
; 31,167
^
electric properties of this company for the week
i947 totaled 93,061,000 kwh. an increase of 12.30#-"over)
fcr the corresponding week «f 11946,—,
*
procedure outlined
Richmond.—V. 165, p.
income
Net
per
.
937,501
111,672
Baltimore & Ohio RR.—Bids .ori Equipment 'Issue—•,:
_
control of Blue Ridge through ownership
saving of $400,000 in taxes and
937,500
5,711
"Crl7,732
165, p. 934.
An
Electric Co., Inc.—Output-—
& State taxes not based on
Administrative and selling expenses-——
.
annual
an
78,125
10,999
," $274,334
of
res.
The
Property, Fed.
.
addition
78,125
•
-s
—
capital stock, payable
p.
company has
American Window
Light
be liquidated, its assets, distributed ii* kind to the debtor and
corporate existence extinguished."
"
' .
1
, "
In
$3,395,567
;.
Ayrshire. Collieries Gorp.—Initial Distribution of 30c;
of Bonds—
Quarter Ended Nov. 30—- ■
'♦Gross profit
Depreciation
■-'
slightly moreJ than 50# «f the Tatter's >common/'_„
the
100,230
$3,879,338
,v
value, respectively, share for share. See V. 165, p. 1184.
par
\
could
its
deducs.
23,332
$320,571
$345,723
value,
'
' v
.
the output- of ^82,860,000. kwh.
V. 165, p. 1310.
"Therefore," the petition continued, "American Cities Power &
:i
7,724
3,944
$3,295,33t
par
Power output of the
165, p. 1182.
a
the majority
have
$341,782
__
bonds—_
&
189,000'
•'.
•
cumulative preferred stock, convertible 4% series A, of $100
value, and cumulative preferred stock, 3.60% series B, of $100 par
into new cumulative preferred stock convertible, 4% series A, o'f
$100 par value, and cumulative preferred stock,-3.75% series B, of $100
v
•
American Water Works &
"Upon completion of the exchange,'.' the petition pointed out, '.'debtor
would own all of the outstanding 'B' stock of American Cities and it
•
$3,856,006
fi']
income
present
-
:
Corp.—Liquidation
'
$312,847
v-
,
Balance
..
a
278,941
stock.
$3,484,337
293,000
A
.
,
called for redemption on April .'15,: next,', $138,000.
of 20-year "3%
debentures due April 15, 1962 .at -IQIV2- and interest.
Payment will be made -at the Guaranty" -Tr^*Co. of New York, '
trustee, 140 Broadway, New York, N. Y.—V. 165, p. 1310.
cumulative
common
$4,149,006
15,750
:
28,750
surplus
and B co»^»»on ^ic'-hol^rs
common
31,
The
committee: for -holders of Central States 7%
preferred stock, asked that the court authorize trustees of
the debtor to acquire all of the outstanding American Cities Power &
Right Corp. "B" stock by a two-for-one exchange of Blue Ridge Corp.
petition/ filed by
A
$328,597
Dividends
Subscription basis wil be one share of B common for
each live shares heid of record on japru 2. unsUbscrioea
Vv.ii
be sold to underwriters. Net proceeds will be added to funds for the
reduction of
outstanding bank loans aggregating $85,000,000- as. of
of
i.
$370,539
over
company on
tion to
pany,
•
1,075,750
1,011,400
October,
average
amendment.
'Judge Robert N. Pollard of Federal District Court Eastern District
Virginia, has been asked to authorize the liquidation of the com¬
one of- th« subsidiaries^ of the bankrupt -Central Btates Electric
Corp.,. with a resulting savihg . of $400,000 annually in the latter's
r
/v990,817
income
Misc.
registration statement with the /
SEC lor 896,404 shares
($25 par) B common stock. Underwriter, .
Morgan Stanley & Co., New York. Shares will be offered lor subscrip¬
"^the Illinois
\
92,514
chg. to construe.
established
American Tobacco Co.—Registers witlk SEC—.
Dir. Elected—
\
-
~
81.589
7,997,326
anywhere in the United States to
from
ended March fl,
Asked—
920,117
1,101,579
8,379,045
when restrictions on the service were lifted,
X\ Atlantic Refining Co.—To Vote on Plan of Merger aad
200 a month.
The rate ror a tniw-c-nnua^j <
Exchange of Preferred Stock—
■ V/X
Moscow'is $12 on week- •
The stockholders will vote March 20 on approving the proposed Joi^it
days and $9 ort. Sunday.—V. 165, p. 1310.
;
Plan of Merger, dated Feb. 6, 1947, which provides for the conversion bf
last
Since
calls
call
American Car & Foundry Co.—Receives Large Order
<
1,613,435
91,285
int.
Bal.
has been
Moscow
to
York and Moscow, will* be in operation 24
traffic volume requires it
Partial Redemption
The company announces the receipt of an order from
^Central RR. for five hundred 50-ton twin hopper cars.—V.
642,744
$1,296,773 $16,233,882 $14,488 939
.
Telegraph Co.-—Second New
&
circuit,
radiotelephone
New
between
National Bearing' Division announces the appoint¬
Williams as Vice-President in charge of operations,
and I. E. Cox as Vice-President in charge of engineering. {;V;-/ •/". '
Mx-.
Williams, Works Manager since April 1, 1942, has been with
National Bearing since 1913 working in an operating capacity, while
Mr. 'Cox, formerly Chief Engineer, first started at National Bearing as
Research Engineer on Jan. 1, 1935.—-V, 163, p. 1061.
162,
1947—12 Mos —1946
141,633
mtge.
on
Other
divi¬
certain restrictions of common stock
Telephone Circuit Established—
radio
second
A
company's
director.—V.
.*
111,771
______
through arrangements between this company and the Telecommunica¬
tions Administration of the U.S.S.R., it was announced on March 12.-
American Brake Shoe Co.—New Officials of Unit—
Vice-President, has been elected a
7, <./ "
139,290
received authority from the SEC to acquire from ): Other income (net)
61,932 shares of common
Gross income
American Telephone
ments of Emmett A.
'
ex¬
kept
726,164
taxes
:
Net
The
^j!f?mtohard,,Mb$,
is
been
expenses™™
Operating
share for share, for the same number of outstanding
Prior to the exchange, Southern will amend its articles'of in-
to provide for
dends.—V. 163, p. 2150.
1947 totaled 941,763 com¬
American Business Credit Corp.^-New
have
negotiations.)' 7''l:v)v<
1947—Month—1946
.
-
•
pipeline
the
Departments
$1,429,346
•
rev.
Federal
.
.
corporation
seasonal
The
substah-
deducs.:
revenues
/■Operating
subsidiary, Southern California Water Co.,
shares.
396,030 in January of 1946. Tons carried in January of
1749 compared with 826 carried in January a year ago.
drop.due to general economic conditions and the fact
7 that many merchandisers are clearing up inventories resulted in, lower
figures this past month" compared with December."
Mr. Miller said.
In
December,
American Airlines flew
1,871,712 ton miles and
carried. 3,680 tons of air cargo.—V. 165, p. 1310.
•
■
■
production
Arkansas Power & Light Co,—Earnings—
Oper.
o
propositions
'■
■■■y--r■■
Period End. Jan. 31—
Light Co.—^^Seeks Private Sale of
company
stock in exchange,
year were
'■■"A
fully
,
?
The company has
its
•
with
pared
be completed.
the interested U. S. Government
informed of the progress of these
**.
month last year according to
Miller, Director of Cargo Sales.
air cargo flown in January.
t ally
pected to
1945
$1,176,366
v
$2.23
same
American.
for Arabian /American to increase its
between now and the end of 1949, when
■;)"')All
American States Utilities Corp.—To Acquire Sub.
.
for tax refunds totaling $8,795,927, principally
amortization allowable for prior years.—V. 164,
Ton-miles of
j this
v 1946
$1,514,105
$2.87
.
in Arabian
necessary
'
'
interests
——
.
The corporation during
tons of air cargo than in the same
;
interests in Trans-Arabian will be in the
new
'
on
more
'
.
the
the new
To meet the: requirements of the mew 30-inch pipe Jine, it' will be
Other taxes
has asked authority from the SEC) to sell at private
sale Its entire interest in a subsidiary, Texas' Public' Utilities1"'Corp.
Prop, retire, res. appro.
Proceeds from the proposed sale, involving 998,000 shares-"of common,
will be used by American toward retirement of its preferred or for in¬
Net oper. revenues—
vestment in any other subsidiary.
American: also) owns a 7# income ) Rent fpr lease of plant
note of Texas in the principal amount of $2,200,000.:—V.''T65,- p)' 1310.
; & (net)
The
Inc.—Tonnage Exceeds Year Ago—
January flew 138# more ton-miles and 1127*
D.
..O;"..
Subsidiary Stock—
American Airlines,
—c
<.
1310.
p.
York-Moscow
F.
that
■as
Operating
677.
p.
'
•
____™___—™_—___™^_— "
American Power &
credit of $7,224,931.
claims
164, p. 1862.
profit after charges & taxes™
—V.
account of assessment of additional Federal
taxes for years prior to 1944 and $1,959,431 representing additional
amortization of $9,184,362 for years prior to 1945, less related tax
additional
Years—
Calendar
Net
pany's organization.
to
75
stock," payable March 29 to' holders of. record
30, 1946.—V.
Earned per share
540,038,245 520,599,994
Includes
declared" a
common
An Initial distribution of 20 cents per share: wak made On
;)):..
last .year, which was followed by similar payments on Sept.
and Dec.
^Treasury stock consists of 137,189 shares of common stock carried
/ at cost)/i% // ))
fPurther surplus consists of $97,098,560 in 1946 and $88,104,661 in
1945
earned surplus accrued to the company since its organization
and'$.21,621,845 accrued to its subsidiary company prior to the com¬
*
.
<
American Potash & Chemical Corp.—Earnings
of 150,500 shares of common stock
270,000 shares of capital stock of
Air Reduction Co., Inc., listed cn the New York Stock Exchange, had
B market value at Dec. 31, 1946 of $26,924,313, and $26,924,313 in 1945.
due
loan, for a 15-year period, will be guaranteed by Standard Oil Co)
),pf California, The Texas Co., Stahdard Oil Co., (New Jersey), and the
Socony-Vacuum Oil Co., Inc. It is planned that at such time as the
stock interest in Arabian American is taken by Jersey and SoconyVacuum, they w.ll a'so .Require stock interest in Trans-Arabian Pipe
I.ine Co., now owned equally by California Standard and Texas,, so
■
15.
29,
June
tMarketable securities consisting
United States Steel Corp. and
'11 Includes $2,573,648
the
on
March
.—Dr25,837,301Dr25,837,301
Total
)
direcotrs have
The
share
'
of
164/ p. 2537.
American Metal Products Co.—Dividend Increased—
101,037,235 101,037,235
——
^
'
,
——
--—
"
*
law firm of Angell, Turner, Dver &
Clifton G. Dyer, «, member of the
238,668,156 ^234.706,64$
40,000,000 40,000,000
20,656,777 1118,656,777
Insurance
reserves
——————. 2,015,549
2,020,151
Sundry reserves
i.
1,479,482
1,850,254
Common
slock--—-------------12,006,440 12,006,440
surplus
1,418,125
total of
a
Dammam on the Persian Gulf.''
1
v
I
10#: isuucx vtiiviuena oy .
This would give Amer- ■; v;:)i"•; fir separate lean of1 $ 125,000,000 is being arranged in order to .provide
funds for construction by.the Trans-Arabian Pipe Line Co. of a 30-inch
common shares of Detroit Edison.pipeline from the Persian Gulf to the Eastern Mediterranean. This
proposed, payment or- a
Meek/ of Detroit, Mich., has been named a director.—V.
Depreciation, obsolescence, -etc., .reserves———
Investments & securities reserves—
——
Reserves for general contingencies—
Capital
the
is approved by the Commission.
New Director—
303,555
18,051,482
.
if
receive
Edison
Light
lean
'
8,078,249
-
.
Accounts payable & wages
U.
>■:
would
Detroit
540,038,245 520,599,994
Totai
the.loan,-' /
it
21,305,943
21,305,943
__
will be used to retire
t Arabian American plans to accelerate the_deve!o"pmeht~o'f
its prpducing facilities and to install additifinal'refinery equipment.
It also
Railways Co.-and its subsidiary American Lisht-.
Traction Co., have asked the SEC for authority'; for American Light ;'i contemplates building a .railroad to serve its 6perations in the pro¬
ducing fields. In addition a new deep water port will be constructed at
acquire the 128,920 additional common shares of Detroit) Edison Cok
&
64,428,558
55,708,772
14-,809,375
15,276,512
20,645,780* *25,464,865
28,588,125
27,034,267
1,631,716
1,757,188
—
charges
Deferred
the purchase payments
American,
:
The United Light &
.
52,972,033
__
of the acquisition by Jersey and Socony-Vacuum of stock,: in Arabian
(
••
307,722,023 282,123,096
28,136,995
27,500,793
__
Monday, March 17, 1947}
to
.;
$
,
64,226,205
U.
CHRONICLE
THE COMMERCIAL & FINANCIAL
^
Subs.)—Earnings1946
"
1945
/
}
/
'
'
.
—
~
.
,
,
:K
yplume ■ 105
THE COMMERCIAL & FINANCIAL CHRONICLE
'Number 4577
LIABILITIES—
Accounts
Acer,
salaries
taxes
1st mtge.
wages
payrolls)
38,752
payable—due within one yeai—"'_:
interest
payable.-—.
1st
equipment purchases.—_______
on
mtge. notes
mill
'.Paid
in
Deficit from
-
operations
!
Total
$4,246,026
,
V. 160,
1522.
p.
at
$4,080,974
(Including
.Operating
Operating
expenses
:
__,
Taxes
Gross
Fixed
income
$137,744
,
company stood at ■ the all-time high
1946 according to the annual report
11%
$25,381,397,
a
life
new
new;
[
of
including
reported
policy
statutory
of
reserves
interest.
V.
Interest
•
bonds will
cease
over
Broad
of
18
cents
share
per
E.
series
on
A
debentures
cents,
r3,870
in
51,940!
51,252
plus
capital gains dividend
a
of $1.38 payable
stock, at holders' option.—V. 165,
either in cash
income
V.
165,
—
$126,320
$85,006
.
Brown Durrell
Calendar
Barcalo Manufacturing
Co., Buffalo—Stock Offered—
sales
Net
Schoellkopf, Hutton & Pomeroy, Inc., and Hamlin &
Xunt, Buffalo, on March i0 offered the unsubscribed
portion of 33,333 shares common stock (par $8.33) not,
subscribed for by stockholders. The offering price is
.$8.75 per share.
;
/
•
Earned
—V.
1310;
/;/../
•
jUift:
Andrew
B.
has been
elected
a
-'."-Si
•
The
directors
stock
of $1 per
on-
at
March
this
4
share on the 4%
?of record March 15.
voted
not
declare
to
but declared the
time,
a
usual
Dividend;
dividend
1946,
20,
in 1945.—V.
I'
or
1
•
total of
a
cents
Foods
Co.—Form
the. year,
for
1062.. /.
165, p.
Beatrice
75
the
on
.
'•
and
paid
y
as
.
;
of Certificate—
(A. S.) Beck Shoe Corp.—February Sales—
New
;
1947—2 Mos.—1946
Co.—To. Split
Packing
vote
will
March
25
on
a
■-
Burger
•
Brewing
—v. 159,p.210.
Gross
Net
Beneficial Industrial Loan Corp, (& Subs.)—Earnings
Years—
Calendar
income
Net
of
Number
Earned
—V.
j
after
165,
charges & taxes
shares____
common
per
_____
share—
p.
806.
.
'
;
1945
$5,563,343
2,383,100
$2.25
$4,589,307
2,000,000'
—V.
•
following
dent,
'Of
a
dividend
the
also of
$1
a
made
to
April
on
stockholders of
$1, was paid on April 19,
The
4.
1946.
last
in
making
The
'units
Price
record
—V.
be
-
previous
165, p.
ing
:
165, p. 806.
Bond Stores,
'
~
\
1945
$4,830,543
.•Sales
935. :-
:-;
905,472
755,472
outstanding_______/,____-___—
$1.62
tr
selling
but
$0.40
exclusive
of
I
$0.25;
in
■
1947—Month—1946
the
for
$9,550,308 $10,601,845 $19,562,253 $19,042,159
"With demand for. the company's products tfcmsiderably in excess of
supply,"
according to Dr.
Gamille Dreyfus, Chairman,
"increased
production is essential, and will be progressively, obtained through
•plant
1
and
metal
admin.
,
new
a
1946
and
1945
1944
sell¬
corp.
10,138,064
1,738,390
1,318,052
1,344,590
$1,987,864
$2,646,419
taxes
$3,495,264
433,519
-
!
increase
This
of
surp.
$3,928/783
9,689,483
692,811
448,875
$2,680,675
$3,095,295
-
466,245
714,631
653,240
363,877
645,302
603,298
191,396
228,285
870,570
269,415
454,703
603,776
$1,685,941
$884,433
■
,
$1,069,641
2404.
Ltd.—Earnings—
A net profit of $1,972,310 was transferred in 1947 to earned
surplus
by the company, contrasted with $1,267,531 in the preceding year, ac¬
cording to the annual report of the corporation released March 7.
"During the year the company purchased plant site of approximately
114
t
Celanese,
acres
.which
at
.will
attained
a
approximately: 30%-/over
expanded; volume
addition,
came
from all
the
peak volume of $135,202,211, an
the 1945 figure of $104,197,237.
three branches of operations-
textiles, plastics. and chemicals,.
Current assets
tire
end
the
were.
the
at
company
Additions 'to
plant
merger,
totaled
previous year.
the beginning
Since
have
totaled
provided
with
to
,
$13,043,909
for
of
including those acquired in tho
contrasted with $9,986,188 for
as
1939, the company's net additions to planfc
$65,000,000,
excluding
facilities acquired
Celluloid Corp. in 1941 and Tubize in 1946,
of
$29,762,622
amortization
not
1946,
$20,476,451
than
more
merger
of last year wasL $84,763,326, or aa
the net working capital at the end of 1945.
close
for
Tubize
the
?
$93,068,994 and current liabilities $8,305,668 at¬
1946, contrasted I with $65,354,954 of current assets and
of current liabilities a year previous.
Net working capital
of
flected
high
in
of
emergency
net. In the same period the company has.
depreciation of plants and $3,332,423 for
plant facilities.
Sorel, Quebec, on which it is now constructing a plant
substantially increase the
company's production,"
Dr.;
productivity
the
net
that
fact
fixed
the
of
$1.91
assets,
company's
of
sales
was
plant
investment
produced in 1946
was
of
to
•
The report revealed that constantly expanding demands for Celaheso
products are substantially ahead of supply. The company's long-rango
plans for achieving increased production, it was said, include these*
major developments: (1)-— substantially expanded production from tho
Texas chemical plant;
(2)—completion of the new plastics plant at
Belvidere, N. J., now on a pilot-plant basis; (3)—construction of tho
new
cellulose acetate filament yarn plant at Rock Hill,
S. C., andl
(41—completion of the new unit at Narrows, Va., for additional produc¬
of staple fiber.
.
'
,
"
'
tion
.
Stressing the importance of a continuous program of research, tho
than $14,600,000 has been invested
company pcinted - out that more
•in such Activities since. 1925, and
to
that in 1946 alone the expenditure
$2,284,571.
The total number4 of Celanese stockholders
the close of
last
year
was
of all classes of stock a&
reported at 29,200.
Completion of the plant of Celanese Mexicana, S. A., near Ocotlan„
[ Jalisco, Mexico, was retarded by late deliveries of equipment but initial '
operations are expected to be under way by the end of the first quarter
P
(Continued on page 1452)
Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570. Herbert D. Selbert, Editor and Publisher;
William Dana Seibert, President; William D. Riggs, Business Manager.
Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday].
Other
offices: 135 S. La Salle St., Chicago 3, HI. (Telephone: State 0613); 1 Drapers' Gardens, London, E. C„ England, c/o Edwards & Smith. Copyright 1947 by William B. Dana Company.
Reentered
as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of
March 3, 1879. Subscriptions in United States and Possessions, $35.00 per year; in Dominion of
Canada, $36.50 per year; South and Central America, Spain, Mexico and Cuba, $38.50 per year; Great Britain, Continental Europe (except Spain), Asia, Australia and Africa, $42.00 per year.
NOTE: On account of the fluctuations In the rates of exchange, remittance? for foreign subscriptions and advertisements must be made in' New York funds.
"
The Commercial and Financial
re¬
for each
exclusive of plants under construction
which were not; sufficiently advanced
approximately $15,000,000
begin producing in the year.
amounted
$8,162,925
•
p.
In
plastics.plant at Belvldere, N, J. Construction has been started"on
these
plants, - and 'will result in substantially increasing our
capacity in yarns-and plastics."
dollar
products— $18,851,614 $13,443,980 $13,680,493
income
164,
progress.
.
13,617,960
&
in
now
long-range program of expansion includes construction of
cellulose • acetate filameht yarn plant • at- Rock Hill, 8/ C., and/'
a
The
j
processing
construction
changes -and
company's
through
.
Canadian
•
"
,
shares
outstanding at Dec. 31, 1945, (after giving effect to
the common-stock -split of 2 Ma shares for l in 1946), the earnings for
1945 were $1.13 per common share.
' •
1947—2 Mos.—1946
"$9,329,022 $16,891,156 $16,484,423
• 1,272,823
2,671,097
2,557,736
935.
Other charges
Depreciation
'.;,:rTr::;.
Depletion
Provision for Federal income tax—
-V.
1947—2 Mos.—1946
$4,086,885 $10,490,273
amounted to $16,059,416 compared with
provision for preferred dividends, earnings!
taxes
After
1945.
increase of. $25,027,157 over
-February Sales-
J/,316,091
Total
f
.■
were
profitsc after
$7,613,489
2,000,000
$0.39
Balance
\
'
1947—Month—1946
$366,684
Tor 1946 were equivalent ito $2.33 per share on the 5,514,107 V2 commoi*
shares outstanding at the close of the year. On a comparable basis,
:
$46,521,239 $38,193,284
1,992,149
1,259,051
;
$8,234,217
sales
deliv.,
Other
with
Inc.—February Sales Rose 18.2%—
Period End. Feb. 28—
165, p.
"f
3,287
$1,529,661
shares
-
$5,618,785
,
from
metal
Sell.,
i
■
.
4,277
Sales of the corporation
1946
2,747,300
share
Production? costs
dividend,
of America—Registers
:'&■
V.
V
sales;.
sales
Revenue
based on
'
..
51,300
—— —
America—Annual Report—Net prof-*
approximately, twice as large as for any
year in the company's history, according to ther
annual report made public on March 4.
Sales also
reached a new high.
, *
Earnings—
1
Years Ended Dec. 31—
as
March 7 filed a registration statement for 60,000
interest.-Underwriter, Whiting, Weeks & Stubbs.
market. Proceeds will be used for investment.
on
beneficial
•<
135,601
219,600
tooth
Net* gain' carried to earned
company
of
will
47,480
„
Celanese Corp. of
M-'
Calumet & Hecla Consolidated Copper Co. (&
Subs.)-
:SEC—
-
59,017
175,326
957,000
______
other
Net
527.
Earnings—
tracts would not commence until alter the end of 1946.—V. 165, p. 334..
Trust
88,774
$823,953
$2,725,283
_r__
taxes.^
its in 1946
Mr.
the
Investment
$735,179
'
it" is not always
to arrange companies in exact alphabetical
However, they are always as near alphabetical
position'"ps: possible,
L
"
1
1
«>mpany's
Bond
90,463
;;
income-
-
amounting
payable
5,425,140
deductions.
^Including
of
Combined
dividend announcement, Mr. Allen stated that while
annual financial report has not yet been completed
it is probable that it will show a net loss for the year 1946. The
■•company's June 30 semi-annual report indicated that delays in deliver/lesof materials, due. to strikes in vendors' plants were retarding the
company's production program so that deliveries under current con¬
j
vthe
capital
165, p.
-V.
announced on March 10 by William M. Allen, Presi¬
special meeting of the board of directors. Payment
will be
-
Period End. Feb. 28—
dividend,
7,815,380
order.
Privately—The
paid __—._!
Wholesale
Expected for 1946—
of
Years—
per
Retail
Boeing Airplane Co.—Declares $1 Dividend—Net Loss
was
$6,160,328
possible
i
-.
Butler Brothers, Chicago
quarter of 1946.—V. 164, p. 2827.
Declaration
$10,450,200
::f0:yffOtl£r^or'^jinec^^
"
$2.11
The directors on March 5 declared the regular extra and quarterly
•dividends-of 2lk cents each on the capital stock, both payable March
'.ll7 to holders of record March 1.0.
Like amounts were paid in each
!
President.
-•
Placed
earnings after charges & taxes
Earned
1 Bishop Oil Co.—Declares Usual Extra Dividend—
*<tof. March 20,
•' '
income
Dividends
1946
:
v
Burroughs Adding Machine Co.Calendar
^ar, of which 437,524 a.re outstanding.—V. 164, p. 2150.
.
'
.■
Co.—Bonds
;
-
'
1946
allowances
income-
other
.
1948 through 1963 and carry a rate of SVi % for the first
four years and 4% thereafter. The funds are to be used
for
expansion arid to retire existing indebtedness,
j
of recapitalization which will be submitted to stockholders at
-the meeting, if approved—a two-thirds vote is required—provides that
the authorized capital stock will consist of 1,650,000 shares of $10 par,
•common, of which 1,531,334 shares will be issued and outstanding and
4:118,666 shares unissued. The management does not have any present
intention of issuing the latter shares.
v
1
At present there as 475,000 authorized shares of [common stock $20
/
;
1947
freight,
and administrative expenses,!
depreciation and depletion.—V. 165, p. 1067;.'
March 10, 1947, on
company, it was announced March 12, has sold $1,400,000
bonds to three -insurance companies through Kidder,
Peabody & Co. The bonds are to mature serially from
A plan
•
31—
deducting
income
Stock
''
the
ftommon.stock on a 3'/2-for-l basis.
.*
s
"rv
'
,
'
s
split-up
York
;
Shares—
proposal to
-
former Lieutenant Colonel on the General Staff of Head-:
quarters European Theatre of Operations, has-been associated with the
company since his-return'from active service overseas.—V. 165, p. 1311.;
.
stockholders
'
T'
$14,391,365
731,240
'
Earned';per-'-share___,________;________;____^_._^
■■
Weitzen,
$2,352,755
Beech-Nut
' "■ "
*'.
'
$2,634,819 '
Other -income
Bulova Watch Co.—New Official Named—
165, p. 934.
The
v>'• 4
••
,
Co.—Earnings—
commercial're¬
'^Edward H. Weltzen has been named Assistant to the
$2,380,630 $4,855,039
$4,739,980
"
"
; i
-•'•''-tv',
;
,
Sold—
■
'
1947—Month—1946
(J,..
for depredation • and depletion
Federal,normal tax and surtax—,
Federal* excess profits tax
'
33/#%
Period End. Feb. 28
i'
'f
Provision;
to*/be a delivery in settlemerit of Exchange contracts
March 10, 1947, must carry only the current and
subsequent regular coupons. •
>
v
. ,•
!
\
Interest
is
payable at office of the Baltimore & Ohio RR. Co.,
New York, N. Y.—V. 164, p. , 2150.
/
~The
—V.
Total
per/annum, , and
made
beginning
-March.
-Sales
other
Exchange directed that the bonds be quoted
ex-1nterest $12.50 per'$1,009 bond 'oh March 10, 1947, and that the
bonds shaircorttinue to be dealt in "and interest" at the rate of 4'/2%
!
-
the-same
New 5 York Stock Exchange on Match 11 directed -that deliveries;
cumulative convertible preferred stock, up to and'including.
27, 1947, may be made either with temporary certificates or
^with permanent certificates; that beginning March 28, 1947, only per'inanent certificates shall be a delivery.—V. 165, p. 1311.
,
•of
*•
sales.
Gross
the contingent interest coupon due May
.
The
1 to holders
The common stock received 25 cents per share on Jan. 2, April 1
•Dec.
an¬
solidated mortgage 4ya%
quarterly dividend
preferred stock, payable April
Total
1, 1947, from con¬
bonds, due 195?, stamped modified. No further
payments, will be made against contingent interest coupons attached to
these bonds, and, accordingly, contingent interest coupons Nos. 9 to
12,
•inclusive^'have^nofalue,
~
^
■■■
•;£'y Bausch & Lomb Optical Co.—Omits Common
•common
surrender of
Co.—Bonds
income
( Net
W
stockholders,
Corp.—Earnings-
(after
of
Net
'•A payment of $12.50 per $1,000 bond was matte
Telegraph
discounts)
Common
!!;/,.
-.164, p. 1583.
and
$0.67
Buffalo, Rochester & Pittsburgh Ry.—Interest—•
•
to
report
3410.
p.
sales
•^Cost
and
&
Tractor
Months Ended Jan.
3
of America an issue of $400,000 4% sinking
promissory notes, due in 1962, and 16,800 shares
($25 par) 4V$% cumulative preferred stock.
!
Telephone
1
164,
Net
1035.
Company is a manufacturer of air compressors
frigeration equipment.—V. 164, p. 2683.
annual
program
EARNINGS FOR: MONTH OP JANUARY 1947
fund
President of the New England Shipbuilding Corp.,
director to succeed Q. Vincent Pach, resigned.—V.
Sides,
!
the
of plant expansion and construc¬
of. several new producing units needed to
increased volume of business.—V. 165, p. 68.
company's
1945
( $1.44
broad
Sales
$5,909,523
130,586
268,857
'
$3.63
Profit
1946
share—
$4.87
'
Co.
ance
.
Baih Iron Works Corp.—New Director—
r
159, p.
of
2,447,480
purchase
'■
Manufacturing Co.—Securities Placed Pri¬
vately—The company, it was announced March 11, has
arranged to place privately with the Prudential Insur¬
'
'
common
President/ in
*
Brunner
The stock was offered by the company to stockholders of record Feb.;
19, for subscription at $8.75 per share, in the ratio of one-share for
<each three shares held.
Subscription period expired March 10.
Net proceeds received by the company from the sale of these shares
will be used to increase working capital. For further details see V. 165/
-
per
1945
$168,827,627
shares, after preferred
continued
the
—
3,211,985
____________
Caterpillar
or
$7,479,057
profit after charges & taxes
'
common
also
care
$1,218,413.
1949
_____
Celotex
Years—
—
$187,034
Co., Milwaukee, Wis.—Earnings, etc.
Stuart,
a
22,090,783
Company has sold to institutional investors $3,000,000 30-year 23/4 f/o
The securities were issued for repayment
of bank loans and for additions and betterment to
telephone plant and
equipment and for other corporate purposes. Kidder, Peabody & Co.
acted as agents in placing the bonds.—V.
165, p. 1311.
Co.—Earnings—
678.
p.
Net
4
per
H.
1946
23,171,869
$186,929,951
and
—V.
Net
•
$776,-
debentures, due Feb. 1, 1977.
1063.
p.
which
1947
'
;
i
Carolina
the
on
of
$23,358,903 $23,309,195
—
Years—
dividends
Corp.—18-Cent Distribution—
dividend
a
equipment
sales
Earnings
capital stock, payable April 1 to holders of record March 21. Following
the two-for-one split-up on April 30, last'year, the corporation paid'the
following dividends: July 1 and Oct. 1, 15 cents each; and Dec. 24, 28
$182,132'
1,485
Street Investing
directors have declared
.
during 1946.
Total
during 1946 amounted.'
Net earnings after charges and taxes.
163, p. 1560.
The
t:
facilities
the
continued
$1,225,532 in 1945.
during 1946 amounted to $1,476,022
the common,-V. 165, p. 1311,
on
Carnation
1947.—
27,
and
tha
•
of
1311.
Calendar
Net
"
'Interest
165, p.
take
March
plant
accompanying
improvement
against
paid
paid
earnings
—V.
tion
on
plant
Net earnings
.
Payments to policyholders and beneficiaries
accepted
on
for
letter
/•"
/
Canadian Pacific" Ry.—-T3arning3—
V
Liabilities
$23,884,161
increase of 50%
an
Quebec
Working expenses
fulfillment of policy guarantees.
the company increased to 401,291
insurance aggregated $27,492,776,
1945.
last year.
president's
Month of January—
■
Gross
high total bf $27,76'3,878 and represented
the $24,990,590
over
in
was
the
.■''//'./•'v.'T;'.';'
expansion and
'
of
The Old Colony Trust Co., successor trustee, 45 Milk Street, Boston,
Mass.,z will until noon of March 25, 1947 receive bids for the sale of it
/of 5-year 7% convertible gold debentures due Oct. 1, 1949 to an amount
sufficient to exhaust the sum cf $15,058, at prices not to exceed par and
8,046;
charges
of
Boston Sand & Gravel Co.—Tenders—
$174,085'
.Non-operating income
this
'
reached'
$2,594,663,
nounced
334,920;
$132,807
—
in
in
that
expenditures
Dividends
"022
1,490,732
4,937
Operating income
to
and in each quarter during
stated
Drummondville,
'.v
end
declared
tv.svv.'•
capital
1946 were $2,275,263.
Since its organization in 1891 the com¬
has paid to policyholders and beneficiaries the sum of $44,631,592.
—V. 164, p. 3139.
$1,999,737
7 206,622
_____^
the
■■
Dreyfus
further
the
pany
,
$1,969,795
"1,630,365
revenues
'
at
(.during
I
1946
1947
force
the amount issued
Co.—Earnings—
•
'■
by the company for the
The number of policies in force with
'
•and
the Baltimore Coach Company)
Month of January—
He
.
accumulated
'
•
2, last,
;
1945.
increase *of
were
.
j
'
•
of
Assets also
an
$34,212.—
1945,
'
(
Baltimore Transit
$48,928;
1946,
Camille
'report.
share
Benton, President. Insurance in force increased during the year
$14,955,914 for the largest gain in the history of'the company.!
Ordinary insurance accounted for $8,236,401 of this gain and ran 15716 ?
'Dec. 31. 1936 and actual intangible development from Jan. 1 to Dec. 31,;
1947. §Net after charging $596,311 (1945, $516,397) against operations
since Dec. 31, 1946. UNet after charging $176,452 against operations since
Dec. 31, 1946.
**Advances (refundable under certain contract con-j
ditions) to U. S. Bureau of Reclamation for power transmission line'
refunded:
50 cents per
Jay R.
tRepresenting excess of cost and expense (other than for.
land, mining claims, building and equipment, and stope preparation)
'•over income from ore sales, interest, etc., from date of organization to
amount
•
in
5886,468.
deducting
dividend of
a
/by
reserve for depletion: 1946, $384,777;. 1945/- $335,883'.. fAfter
-depreciation and amortization of war facilities: 1946, $992,415; 1945,
after
t". '■:
Jan.
on
1311,.
p.
Insurance
.'After-
t
;
declared
the usual
stock
common
165,
'
'-ahead
'
the
on
$152,598,387
3,900;
2,704,873
64,657'
* 738,995
2,704,873
■■■'"•
64,657
i 417,974
and
'!/ •
v,"'7Y '
:'i
Boston Mutual Life Insurance Co.—New Records—
20,734
3,.iuo
surplus
made
•1946.—V.
1,450,000
in advance
March 7
on
quarterly dividend of 87V2 cents
per share on the preferred stock, both payable April 1 to holders of
record March 19. -A quarterly distribution of 40 cents per share was
.*!•••.;-■!• •
17,092
^
Unearned rental, received
Common stock ($5 par)
directors
the: common'stock
on
1,142:
.'
1,350,000
4% due semi-ann, Jan. 1,'51
pay.
Reserve for relining
;
' 1,141
76,145
'
The
•
400,000
^7,304 "
■'
300,000
5_
Due to Bagdad Copper Products, Inc., in liq. for
acc. of stkhlds. oth. than Bagdad Copper Corp.
Due
$81,055
16,814
*39,490
20,334
.
-
taxes withheld from
Unci,
notes
Accrued
and
Borg-Warner Corp.—Increases Common Dividend—
u
V
—$87,483
payable
Accrued
1447
1448
THE COMMERCIAL
The
for
new
International Business Machines
Corp. 2% % debentures,
United States Lines, Inc., 3V2% debentures
and 94,773 shares ($9,477,300) of 41/2%
preferred stock,
500,000 shares of capital stock of Swift International Co.,
Ltd., for an aggregate of $10,095,372, and $10,000,000
lowed
that
of
the
•
Of
(U. S.
currency) debentures and the $45,000,000 offering of
'the Commonwealth of Australia
15-year 3%% bonds.
Both of the issues were
favorably received and the
proceeds therefrom were to be employed in refunding
.existing obligations of the governments involved.
The
principal issues for the month were 150,000
shares ($15,000,000 of 3%% cumulative
preferred stock
Below
1945,
ary,
January
Capital
OF
ures
.
Corp., $20,000,000
CORPORATE
February.
$
FIGURES
Total
New
'!$ 1:V'/
'
102,635,204
128,343,822
be necessary, particularly
may
BY
MONTHS
1947,
1946
AND
&
Co.;
Co.;
F.
A
b,
Woroester
due
and
March
int.
The
S.
A Co., and Alfred
0.90%
to
Stuart
O'Gara
RR.
1,
Offered
1st
1967.
by
Capital
Total
New
Capital
A
112,954,001
2*7,624,05*4
47,616,401
270,262,410
317,878,811
A
278,899,772
Telephone Co.
435,484,918
68,071,687
295,766,014
141,067,908
736,847,786
387,662,791
671,103,991
350,651,431
102,423,035
563,122,202
159,360,123
367,086,226
665,545,237
526,446,349
1.352,125
80,585,300
81,937,425
Six months
1,409,418,213 2,195,001,248
1,096,184,762 2,099,804,269
July—
(Conn.)
Gas
Co.
2%%
449,673,579
97,607,061
144,641,925
1st
mtge.
an
bonds,
Price, par.
companies.
>
1st
due
Sold
mtge.
sinking fund
Purpose, reduction
1976.
to
Mutual
Benefit
Life
Co.
;.•';£•*•iT
V;". ?-,,,;■
.
-
■:: t
$485,500 A. P. W. Products Co., Inc. 1st
mtge. A coll, trust 20-year
5% sinking fund
bonds, due April 1, 1966. Purpose, refund¬
ing.
Price, 97% and int.
Offered by Doolittle, Schoellkopf & Co.; A. G. Edwards A Sons;. Hamlin &
Lunt;
Kimloch, Hunger A Co. and Stevens, Dann A
Co., Inc.
*2,000,000 Fedders-Quigan Corp. 3'%%
loans
vately
404,203,191 1,747,641,514 2,151,844,705
with
and
20-year loan.
Purpose, retire
working capital;
Placed pri¬
Life Insurance Co.
Increase
Metropolitan
Machines Corp. 18-year 2%% de¬
Purpose, construction of additional facilities
working capital.
Placed privately with Prudential
bentures.
and
354,302,081
170,348,753
691,922,565 1,585,374,932 v
i_
September
1971.
with
*20,000,000 International Business
3,195,989,031;
368,801,533
+-
August
due
OTHER INDUSTRIAL AND
MANUFACTURING
263,135,283 1,010,793,728 1,273,929,011
893,452,367
_
bonds
privately
Feb.
877,915,694
785,583,035
27/s%
Placed
program.
1, 1972.
Puprpose, expansion, etc.
privately to six banks and Insurance
bank
Second quarter
/
,;;•"'
322,970,703
162,182,000
307,169,645
677,552,434
855,087,519
662,361,295
from
company.
•2,000,000 Hartford
$3,400,000
690,386,056 1,000,987,783
183,983,528
bonds
Price
-
yield
/ •£:*;public utilities
insurance
191,107,290
363,837,701
311,709,864
gold
refunding.
.
$
:
289,889,643
May
4Va%
Peck.
Total
Refunding
128,315,273
April—-J.
818,475,112
451,909,142
314,990,678 *
-
•
212,213,966
107,541,795
754,156,243
338,267,743
706,075,793
106,185,122
966,370,209
Insurance Co.
445,809,538
'
1,500,000 Le Roi Co. serial (3-3%%) debentures. Purpose,
working
capital. Price, par. Offered by The Wisconsin Co.
812,260,915
•
Third quarterNine months-
266,634,761
November
65,208,350
86,315,940
105,385,492
583,877,742
668,968,183
:
Fourth quarter
—-
1,525,480,686
830,144,074 3,546,141,293 4,376,285,367
331,843,111
676,193,682
774,353,675
214,109,222
60,690,076
167,773,361
,
515,320,272
256,909,782 1,782,390,468
♦2,000,000 McCormick
1,272,716,733 4,985,870,721 6,258,587,454
t Revised.
Co.» Inc. 3y»% sinking fund debentures,
1967. Purpose; pay bank loans and general
1,
corporate
Sons.
purges.
&
■;
*
,
A
due Feb.
442,572,659 1,439,729,428 1,882,302,087
3,515,117,815 3,048,636,616 6,563,754,431
Twelve months
*5,000,000 Marquette Cement Manufacturing Co. 20-year
(2'A-3%%)
serial
loan.
Purpose, finance acquisition of properties.
Placed privately.
989,700,890 1,203,810,112
102,481,627
163,171,703
347,546,911
.
*1,000,000 LIpe-RoUway Corp. loon. Purpose, repay bank
loan, re¬
pay
treasury for expenses in plant acquisition.
Placed
privately with an insurance company.
425,940,883 1,798,499,779 2,224,440,662
1,989,637,129 2,791,726,834 4,781,363,963
October—
•
Co.
Insurance
310,601,727
June__
Corp
Mason
A. Co.
mtge.
Mountain Telephone Co.
bonds, series b 3%, due Dec. 1,
bank
loans.
Sold
privately
44,070,931
28,925,290
Inc.;
1.75%
"$1,000,000 California Water A
Purpose, expansion
'
$
Co.,
Purpose,
Adams
of
$
.
Cleveland
&
$8,380,000
:•;./•;.;';
—tl945
Refunding
First
Yantis
according to maturity. Offered by
Halsey
Inc.; Otis A Co.; First of Michigan
Corp •'
Julien
Collins A Co.;
The First Cleveland
Corp.; Alfred
O'Gara A Co.; Thomas &
Co.; and F .S. Yantis A Co., Inc.
additional private
as
A
1,680,000 Wheeling & Lake Erie
Ry. 1V2% equipment trust certiiicates, due semi-annually Sept. 1, 1947, March
1, 1957.
Purpose, purchase of equipment.
Priced
to
1945
134,670,053
159,267,388
First quarter..
December
101
financing is brought to light.
$
354,744,693
30,923,566
March
®
series
tabulation of figures since Janu¬
the different monthly amounts, of
Revisions of the 1946 and 1947 fig-
showing
• Moran
Co
Collins
Ross
1,800,000 Norwich
a
-tl946-
Refunding
$
252.109,489
present
corporate financing.
-1947-
.
we
Julien
"400,000 Inter
SUMMARY
New
.
^
393
iy4-3%
Inc.;
Mullaney,
Municipal financing for February aggregated $97,238,as
compared
with $225,793,864
in January and
$79,922,850 for February, 1946. Of the February total,
$96,035,277 was for new money and $1,203,116 for
'refunding.
•:
sale in the American
of the New York State Electric & Gas
-
resents 43.8% of the month's total and
compares with
45.8% of the issues so placed in January.
.
$77,811,000 City of Montreal
•
Mfg. Co. 2%% loan, due May 1, 1967.
Private issues, totaling 18 in number and
aggregating
$69,839,600, were recorded during February. This rep¬
preceding six months in that new
financing has exceeded that of refunding.
Outside of corporate financing, the principal feature
market
1$1,000,000 New York Chicago & St. Louis RR.
1%% equipment trust
certificates, due serially Feb. 15, 1948-1957.
Purpose, purchase of
equipment.
Priced to yie.'d from 1%
to
1.9%
is/ according to maturity.
Offered by Halsey, Stuart A
Yale & Towne
money
of the month's operations was the
•
$12 000,000
and $30,923,566, or 19.5%, was for
The trend for the month has fol¬
money
purposes.
Monday, March 17, 1947
And for the Two Months of the Calendar Year 1947
\
Corporate emissions for the month of February, 1947,
aggregated $159,267,388, a decrease of $195,477,305 below
the January total of $354,744,693 and $158,611,423 below
the
February, 1946, figures, making it the smallest
monthly total recorded since the $81,937,425 reported in
[June, 1945. Of the month's total, $128,343,822, or 80.5%,
•refunding
FINANCIAL CHRONICLE
Capital Flotations in the United States During the Month of February
..
.was
&
Placed privately through Alex. Brown
'
>
.
"750,000 Peerless Manufacturing Corp. 4% debentures July 1, 1954.
Purpose, principally working capital.. Placed privately with
an ihstitufion
through G. L. Ohrstrom & Co.
.
Treasury Financing for February;;
The
Treasury Department
announced
Dated
that
$4,801,Jan
30
Jan
1
01 day Treas. bills
91 day Treas. bills
Ctfs. of indebt
1
U.
Savings bds.
Depositary
Jan
Tax
Total
for
Feb
6
91
Feb
13
January
day Treas.
bills
day Treas.
bills
Feb
20
91
Feb
27
Feb
^1
1
Feb
Feb
U.
S.
Savings bds.
Depositary
bonds.
Tax
Total
Total
for
for
Antic'n
two
8,389,000
We
now
present
9,65.7,428,000
1,216,391,716
'!
V'
712,198 .672
:
Data
STATES
TREASURY
•:
Amount
Offered
Dated
Due
/
;
27
Jan
2
91
Jan
3
Jan
9
91
Jan
10
Jan
16
91
Jan
14
Jan
23
91
Jan
24
Jon
30
91
Dec
18
Jan
1
Jan 1-31
days
days
days
days
days %
1 year
Jan 1
10-12 yrs
Jan 1-31
Jan
12 years
Jan 1.-31
Jan
2 years
Total
for
31
Feb
Feb
7
Feb
13
91
14
Feb
20
91
Feb
21
Feb
27
91
Jan
20
6
Feb
2,057,029,000
1,791,169,000
1,704,759,000
1,786,670,000
3,132,248,000
951,890,316
5,610,000
1,316,103,000
20,967,326,288
18,838,475,000
due
FINANCING
Issued
Retired
$
Net Issued
$
5,610,000
Feb
years
2 years
for February—
257,348.000
65,455.000
191,893,000
for
two
•Average rate
on a
100,000.000
__
______
100,000,000
78,497,000
17,580,000
for
February
178,497,000
17,580,000
two
435,845,000
83,035,000
&
160,917,000
for
352,810,000-
series,
of
60,917,000
months
and notes; certificates
Unemployed Trust Fund
Age and Survivors Insurance Trust Account,
Civil
Service
Retirement
Fund, Foreign Service Retirement Fund,
Canal Zone Retirement
Fund, Alaska Railroad Retirement
Fund, Postal
Savings System, Government Life Insurance
Fund, National Service
Life
Insurance
Fund,
Federal
Deposit Insurance
Corporation, and
federal Savings and Loan Insurance
Corporation.
Co.,
99.905 + "0.3-76
99.905+ "0.376
99.905+ "0.376
+
"0.376
%
a
notes
to
b
Federal
about
and
USE
Security
of
tax
Long-Term Bonds
and
Than
9'
Jan
2
-
$
91
OF
earns
FUNDS
Jan
9
91
day Treas. bills
day Treas. bills
Jan
16
91
day Treas. bills
New
Refunding
1,311,177,000
1,311,578,000
1,315,501,000
1,306,922,000
1.306,438,000
1,306,594,000
Crowell,
Weedon
Whiteside
Life
Mutual
and
sub¬
&
&
Co.;
Warren,
A.
Inc.
G.
Edwards
and
R.
H.
&
John¬
Injurance
Co.
<
.
Notes
Five
tissues
miscellaneous
"$75,000 Crowley's
refunding;
"5 000,000
.
Milk
Co.,
Inc.
Price, par.
Transcontinental
Purpose,
&
5-year
debentures.
Placed privately..
Western
corporate
Co.
.
5%
'
,
Air
Inc.
purposes.
?.
Purpose,
..
3-year
)y,
convertible
Purchasd by Hughes
*
,..
^
ir,t-
STOCKS
Maturing Later
(Preferred stocks of a stated par value are taken at pbr,
ferred
Years)
stocks of
no
par
value and all classes of
public
v
.
equipment.
Co.
Inc.;
5,140,000
,.
,
Julien
While
common
stock
pre¬
are
and
A
Thomas
Co.;
&
The
Co.
•
First
.>,
"
'
475 000
"jr
.
-
'
:
> 7 r I
V 5
■
/
•
i
Telephone
(
w
K'i
(par $10).
Co.' 47,500
Price,
Purpose,"pay
shares
of
common
bank loans, corporate pur¬
Offered for subscription to
stockholders unsubscribed shares (389)
sold privately by
Alex. Brown A Sons; Mason-Hagan, Inc.; Equitable Secure
Vities corp.; Courts A Co. and R. S. Dickson A Co.
poses.
.
.
Inter-Mountain
stock
Cleveland
'
utilities
$364,072 Birmingham Gas Co. 45,509 shares of common stock (par
$2).
Purpose, working capital.
Price, $8 per share.
Of:
fered for subscription to common stockholders.
Collins A Co.; First of
Michigan Corp.;
Corp.; McMaster
Hutchinson & Co.; Mullaney, Ross &
Co.; F. S. Yantis
rCn.i Inc„.\-.Macon, Moran A Co.; Alfred O'Gara A
Co.,
Freeman
4,255,000
8,907,000
Up to
$5,075,000
rr. 2%
equipment trust certifi¬
annually March 1, 1948-1962. Purpose, purchase
Priced to yield from 1.05% to 2.30% ac¬
cording to
maturity offered by Halsey, Stuart A
Co.
Inc.; Otis A Co.; R. W. Pressprich & Co.; A. G. Becker
■■■.*A
Indebtedness
'
(Issues Maturing
Including Five Years)
$3,900,000 Missouri-Kansas-Texas
of
$
convertible
railroad
1.07%.
Accepted
15-year
computed at their offering prices.)
series
Series A
Total Amount
-
Inc.;
Short-Term Bonds and Notes
During February, 1947
,
a
Type of
:
Mutual
$18,500,000
Old
cates due
Dated
4%%
Corp.
Details of New Capital Flotations
which
series C-1947.
with
A Co.
notes.
bank discount basis,
series C-1945, series C-1946 and
1.92% a year and series C, about
privately
"12,000,000 United Air Lines, Inc. 20-year 3%% debentures, series A,
due Feb. 1, 1967.
Purpose, expansion, etc. Price, 100 and
int.
Sold
privately to Metropolitan Life Insurance Co.
Below we give complete details of
the capital flota¬
tions during February including
every issue of any kind
brought out in that month.
2
20,967,326,288
A-1945.
Factors
Chace,
Sons;
son
•Comprise sales of special series certificates
to Adjusted Service
Certificates Fund and
at
ity, are sold on
"have a 12-year
Placed
etc.
sold
and
a Comprised of three
sepa¬
series E have 10-year
maturity, are sold on a
75, and yield 2.90%; series F have a
12-year matur¬
discount basis, at 74, and
yield 2.53%; and series Q
maturity; are sold at 100, and bear
2%%
interest
b Comprised of separate
issues, designated Treasury notes
rate
discount basis
additions,
„
10,093,506,572
months______
V':
.
.
3% %
debentures, due Dec. 31, 1960. Purpose, work¬
ing capital.
Price, par and int. Offered by Sills, Mlnton.
Tool
Total
Corp.
ordinated
a
1,310,520,000
99.905
3,946,658,000 100
712,198,672
a
105,000 100
200,155,900 100
200,155,900
174,343,000
Total
Vs
a
Packing
1, 1962.
Life Insurance Co. through Blyth A
Co., Inc.
2,500,000 Miller & Rhoads, Inc. 15-year 3% loan, due Jan. 15, 1962.
Purpose, reduce bank loan.
Placed privately
with Life
Insurance- Co. of Virginia.
17,550,000
Total
100
1,309,874,000
1,301,981,000
712,198,672
105,000
;; 12
28,105,000
Notes
99.905+ "0.376
1,312,014,000
4,801,396,000
202,448,000
Certificates
218,062,400 100
1,784,112,000
37,350,000
250,000 Standard
99.905 + *0.376
100
Feb.
properties,
*
54,900,000
February—
99.905 + *0.375
<;,t
•
sinking fund debentures
Purpose, refunding, ($1,135,386), gen¬
eral funds,
($1,364,014).
Price, par and int. Offered by
Central Republic Co.
(Inc.); E. H. Rollins & Sons, Inc.;
A, C. Allyn and Co., Inc.; Ball, Burge & Kraus; Loewl
& Co. and Mason, Moran & Co.
*1,250,000 Foster A, Kleiser Co. 20-year 3%% serial loan. Purpose,
expanding
advertising
structures,
purchase
of
branch
2,128,851,288
Total for January
v'V-£,^
99.905 + "0.376
1,311,650,000
3,132,248,000
951,890,316
1,723,004,000
1,773,319,000
1,779,251,000
days
d8ys
days
10-12 yrs
Feb
Yield
f
10,873,819,716
1 year
Feb i
Feb 1-28
Feb 1-28
.ftO' -Vj^'
99.905 + *0.374
■>
MISCELLANEOUS
$2,500,000 Deerfield
912,459,572
Notes
''
company.
200,155 ,900
9,181,047,000
Certificates
1947
Price
'
1,311,177,000
1,311,578,000
1,315,501,000
218,082,400
91 {lays
1
Feb 1-28
Total
Accepted
-
2,892,507,000
January
Feb
DURING
surance
105 ,000
$
Amount
Applied for
*
Dec
Jan
FINANCING
^
$4,961,000
January—
UNITED
Mu¬
•4,764,600; Two Park Avenue Buiiding, Inc.
1st mtge. 3^4% 20-year
lofin. Purpose, refunding. Placed privately with an in-
•
200,155,900
1947
and
$196,500 National Realty Developments, Inc. 1st mtge. 2%%-3%%r
sinking fund bonds; /Purpose, refunding. Priced to yield
from
1.25%^ to 3.2% according to maturity. Offered by
B. C. Zieglerjsolely to
banks, insurance companies, build¬
ing knd loan'associations, trust companies and other
qualified mortgagees.
:s
105,000
usual tabulation:
our
May 1, 1967.
capital.
Placed
land, buildings, etc.
5,610,000
218,062,400
•INTRA-GOVERNMENT
due
"
951~8~90~316
10,093,506,572
months—
loan
$42,735,500
3,132,248,000
of
Treasury bills, Savings Bonds, Tax Anticipation
Notes and Depositary Bonds.
2% %
Co.
14,138,000
712,198,672
notes
February
$
1,303,261,000
Towne Mfg.
&
Purpose, plant expansion and working
privately with Metropolitan Life Insurance Co.
tual LifeInsurance Co/fi/
Indebtedness
tWh
1,309,874,000 : 1,309,874,000
1,301,981,000 -1,301,981,000
1,312,014,000 • 1,312,014,000
1,310,520,000
1,310,520,000
3,946.658,000
3.946,658,000
91 day Treas.. bills
Ctfs. of indebt.—_
Feb v
on
,'$
1,301,965,000
10,873,819,716
bills
91
Refunding
\
+; •++
•
5,610,000
218,062,400
notes
day Treas.
New
951,890,316
bonds-
Antic'n
•
1,316,103,000
1,311,650,000
3,132,248,000
.
S.
Jan
March 1, 1947, to be
allotted on an equal
percentage basis as it was planned
to retire about
$1,000,000,000 in cash. The results will
be given here next month.
Outside of the above the
Treasury Department in
February confined its operations to the usual
weekly
sale
23
Jan
•exchange par for par to holders of.Treasury Certificates
-Indebtedness of Series B-1947 in the amount of
$4,953,989,000, which matured on* Feb. 1, 1947, the
balance being retired in cash.
The Treasury Department announced on
Feh. 17 an
.offering ;Of %% Treasury Certificates of Indebtedness of
Series; C-1948 in exchange ^ par for par to holders of
Treasury Certificates of Series C-1947, in the amount
matured
Accented
Jan
lof
$3,133,009,000, which
Total Amount
$
393,000 in subscriptions were received, of which $3,946,"658,000 were accepted, to the offering of Series B-1948
*% % Treasury Certificates of Indebtedness offered in
of
MO,000,000 Yale
Type of
Security
$10
share.
per
-M b'Tl-f-
>
,,
ft
".lA
r»
"'^'?^'*^!i^:-::i; •ytfyy^ra-y :;iAy;yil
Volume 165
)•>■■■+
to
$15,OOQ,OpO New, York
33/4%
Electric &
State
cumulative
Gas
preferred
&
Co.,
Securities
Co.;
&
corporate
t
'
.;
&
Co.;
A.
Kidder
M;
&
Co.;
i
Martin,
?
Minsch, Monell & Co.; Moore,
Muilaney, Ross Si Co.; W. H. Newbold's
Son & Co.; Ncwhard, Cook & Co.; R. W.
Pressprich & Co.;
Reynolds & Co.;j fecnoeiikopf, Hutton & Pomeroy, Inc.;
W.
&
Shields
Co.;
&
Company;
i'.OJJC
cumulative
Service
preferred
ing.
Price, $107
exchange for 7%
Co.
stock
;
share
per
and
and
6%,
t-?< .,{
public
stock
Public
unered
Republic Co.
body
&
&
Loewi
&
i
110,000 shares of com¬
refunding.
Price, $13.50
First
Tne
Dillon
Co.;
Securities
Co.
Bogan Co.; J. K.
Cohu
&
H.
J.
Drass
&
Williston & Co.;
Torrey;
R.
H.
Johnson
Co.,
Inc.;
Coburn
&
Co.;
$200,000 American. Building Corp'.
Sheridan
20,000 shares 5% cumulative
preferred stock (par $10) and 20,000 shares, of common
stock
(no
par).
Purpose,
acquisition of ; machinery,
working capital, etc.
Price, $10 per unit of one share of
each.
Offered by E. M. Fitch & Co., Inc.
- t
.
& Middlebrook;
Martin,
Burns
Co*'
&
Inc*>
Barrett,
Fitch
&
Co.,
Inc.;
Phillips Co.; Draper,
Co.;
L. H.
Sears & Co.;
Ingraham
McJunkin,
Davies
Patton
& Co.;
&
J.
Investment
ck;
Murphy
stock
$20
Mayer;
Sides,
Morse
Co., Inc.
&
Jose
(par
Water
Works
Corp.
and Tifft Brothers.
class
$25), i Purpose,
of
capital,
Price, $5.50 per
Co.
etc.
Offered
each.
! Walston, Hoffmah & Goodwin; Francis I. d ifont & Co.;
James H. Price & Co.; Robert C: Jones & Co.; Foster. &
Marshall; ChildSj Jeffries & Thorndike, Inc.; Con a &
Torrey; George R. Cpoley & Co., Inc.; Courts '& Co.;
Farwell; Chapman & Co.; Johnston, Lemon & Co.; Piper,
Jaffray & Hopwood; Mead, Miller &
Co.; Pennington
Colket & Co., and, F. S.» Yantis & Co., Inc.
*
,;
l :
200,000 Deerfield Packing Corp.
2,003 shares of 4(4 % cumula¬
tive preferred stock (par $100).
Purpose, general funds.
Price, $100 per share and div.
Offered by Central Repub¬
lic Co. (Inc.); E. H. Rollins & Sons, Inc.; A. C. Allyn and
Co.
Inc.;
Ball,
Burge
&• Kraus;
Loewi & Co.,
and
Mason, Moran & Co.
•! .
, (
; i .
Becker
32,000 shares of
(no par).
Purpose^ pay
by parent. Price, $50 per share and
Offered by Paine, Webber, Jackson & Curtis; Stone
div.
&
Webster Securities Corp.; Central Republic Co., inc.;
H. Walker & Co.; The Wisconsin Co.; Edward D. Jones
Co.; Mitchtim, Tully & Co.; Rauscher, Pierce & Co.;
Dewar, Robertson & Pancoast; First Southwest Co.; Funk
&
White;
McCourtney, Breckenridge & Co.; Schneider,
Bernet & Hickman; Smith, Moore & Co. and Stix & Co.
G.
&
\f
v
•v.
preferred stock (par $100).
:'|
t'i
*
•-
*
1,000,pOO Tide
\j
,
'
(par
>
"
two
of
Water
Power
$10Q).
insurance
large
a
cumulative
$4.25
Co.
companies
preferred
Employees
and
$1).
corporation.
ston,
.
Fund
;
and
$30,092,772
INDUSTRIAL
Plastic
stock
common
r
ery^ tools,
Die
&
(par
etc.
shares of
Purpose, acquisition of machin¬
10c).
Price,
Co.,
74,531
$4 per share.
Offered by E.
and
F.
|
$1).
(par
Purpose,
capital
working
and
mouth
1,237,500 Ccntincntal United Industries Co,, Inc.
common
.,*•
•;
etock
Purpose,
150,000. shares of
demand loans,
Offered by Aaron-
&
24,000 shares of common
300,000 Diamond Portland Cement Co.
stock
purpose, expansion program.
Price,
(par $1).
$12.50
-
;
V 'X'.
Products
Ekco
Co.
Purpose, ^corporate
chased
;
■'! i'V
'■■■
if"* .'fl'li'v':"-'-'
15,C00
purposes.
■
.v'_
shares
X
of
Price, $2o
per
share.
>
:
Pur¬
Morton
Manufacturing Corp.
112,000
preferred stock (par $25).
-cumulative
--
itrlH
ing
7..... {
Mason,
•
'-'4 ;:
Plasticbilt Corp.
63.500 shares of common stock
to
&
%v.;
&
:-"J
V
Corpl
Purpose,
300,000
25c).
Price, $1 per shaie.
shares
of
common
Electric Co.'840,057 shares of common
Price, $33.25 per share.
Offered for
stockholders of Electric Bond & Share
f '■> f
&
$10).
to
(parent).
Co.
by
&
Christen~en.
&
Co.;
& Co.
&
J
fry'
*
i
»
Inc.' 2,941 shares of com¬
$5).' Price, $34 tier share.
Offered by
Scott, Horner Si Mason, Inc.
,
f
stock; (par
mon
Manufacturing
15,000 Bates
;
(par $10).
fered by R.
NewV
Co.
of
shares
500
Price, market (about: $30
W. Pressprich & Co. I
common
per
share).
Deetjen
333,000
&
Co.
stock
.(par
Higginson
$2.50).
shares
of common
Offered by Emanuel
• :
y :
System, Inc. 11,100 shares of C'ass
Price,. $30 per share.
Offered by
and Allen & Co.
Columbia Broadcasting
B
Lee
Corp.
/
1
■
523,000 Columbia Broadcasting System, Inc. 14,100 shares of Class
A stock
(par $2.50).
Price, $30 per share.
Offered by
Lee
95,824
Higginson Corp,
Brewing Co., Inc. 16,665 shares of common stock
$1).
Price, $5.75 per share.S'Offered by Newburger
and Buckley Brothers., ft
Cooper
(par
&
Hano
Lehman Brothers;
I (Continued
Higginson Corp.;! Carl M. Loeb, Rhoades &
Weld & Co.;
Harris, Hall & Co.
(Inc.);
Co.;i Bacon,
Whipple f & Co.;
and Co.; Bosworttu Sullivan;Cn : F'rst of
on page
1452)
..
Pacific
Watling,
■Hi
comprehensive
next two pages we compare
Hayden;
8t, Co.;
Lerchen & Co.; Whiting,
&- Co.; J. Barth & Co.;
.
$20,122,700
tables on the
the February
and the two months' figures with those
for the corresponding periods in the four
the
In
McCormick: &
Co.;
Of¬
(N. C.)
Stone Co. 125,000
625,000 Colonial Sand &
stock (par $1).
Price. $5 per share.
Co., Inc.;
Miller & Co.; The Illinois Co.;
Co. ; of
California;
Pacific
Weeks
& Stubbs:
Schwabacher •
E. W.
Clark & Co.; Farwell, Chapman & Co.; Folger, Nolan Inc.;,
Merrill, Turben & Co.; The Milwaukee Co.; J"li»n Codies
& Co.;
Hemphill, Fenton & Campbell Inc.; KirkpatrickPettis Co.; and Kuhn, Loeb & Co.
? - ; • V
r" •
Northwest
stock
Hosiery Mills, Inc. 800 shares of com¬
9,600
•' .•.v.')'
mon
stock
(par $1).
Price, $12 per share.
Offered by
j. s.. Dickson '& Co,
•
■
j%y::
Chadbourn
Mejia,
?
Co.
Furniture < Industries,
99,994 Bassett
Inc.;
Davies
&
87,500 Awful Fresh MacFarlane 10,000 shares of common stock.
Price, $8.75 per share. Offered by Stephenson, Leydecker
Mon¬
'
H.( Johnson
Imperial Diesel Engine Co. 8,500 shares of common
Price, $11.25 per share.
Offered by
(par $2.50).
Sutro
95,625 Atlas
White.
Kebbon,
McDonald
stock
working capital, tools, dies, patents,
O.fered by the company.
(par
Writer
'
Michigan "Corp.?
...
Gas
(par
subscription
Lynch, Pierce, Fenner &: Beane," Smith, Barney
Drexel & Co.1; Paine, Webber, Jackson -St Curtis;
Witter & Co.; Dominick & Dominick; Glore, Forgan
Boettcher
>
etc.
stock
^
^
by underwriters: Harriman, Ripley &
for
Representing New Financing
Not
Issues
j
$27,931,895 American
shares
Factors
Inc.;: R.
Bros. St Hutzler;
Co.;. Lee
Co.;
>■
--
300,000 Ross-Frederick
1
Inc.;
Hemphill,
Co.,
Co.;
Dean
(no par).
.
:■■■<
Merrill
<1.440,000 Rhinelander Paper~Co.< 30,000 shares of common stock.
Purpose, expansion.
Price, $48 per share.
Placed prik'-"' *,s^:"'
'vately with - Institutional and individual, investment ac¬
^
Clair S. Hall & Co.
purcnased
^
Blyth & Co., Inc.; Hornblower & Weeks;
bank loans, erection of new plant,
etc.
Price, $2 per share.
Oflered by;vW. F, Coley &
& Co., Inc. and McAlister, Smith & Pate, Inc.
V-' - K f
counts, through
387,500
Air Lines, Inc;
94,773 shares of 4(4% cumulative
stock (par $100)..: Purpose, general corporate
Price, rar, and dig. 1 Offered > for subscription
stockholders.:
Unsubscribed shares (11,684) were sub¬
scribed
Purpose, .payment! of
J-*
Inc.
Co.,
<
■
'0-127,000
Club.
shares
*
,
Peters,
& Co.; Hallgarten Si Co.;
Parsons
& Co., Inc.; Harris, Hall Si
Co.; Havden, Stone & Co.;
Thai Robinson-Humphrey
L*.F.; Rothschild & Cof;',
Schoellkopf, Hutton & Pomeroy,
Inc.; Shields & Co.; William R. Staats Co.; Stern Brothers
& Co.; Stroud & Co., Inc.; Swiss American Corp.: Saencer
Trask & Co.; Tucker, Anthony
& Co.; Union Securities
Corp.; G. H. Walker Co.; Welsh, Davis and Co.; White,
Weld. &. Co.; Whiting, Weeks & Stubbs; The Wisconsin
Co. and Wood, Gundy
Co., Inc.
H.
E.
Co.;
Salomon
Durposes.
refund¬
Offered by Scott,1 Horner
Inc.:.
Jockey
Unsubscribed
Co.;
&
Si Co.; Riter* & Co.;
Rollins & Sons Inc.;
Pressprich
.
■
preferred
>
($51,250), pay bank loans, working capital,: ($248,750).
Price, $25.25 per share and div.
&
f
4(4% '
of
Purpose,
J.)
and Buckley Brothers.
j
i
shares
&
Ripley
Equitable Securi¬
stock
9,477,300 United
by officers;, directors and employees.
127,390 Edwards ;Brothers, Inc., *12,739 '.shares of 5 Vz % cumula¬
tive convertible preferred stock (par $10). Purpose, work-,
ing capital.
Price, par.
Offered by Watling, Lerchen
jXfXX y w; j;:
& Co.
*
'
'
1
»3Q0.Q00
V
if:.,
Co.
(N.
Graham,
Co.;
Miller
& Co.;
Co.; The First, Boston Corp.;
Folger, Nolan Inc.; Goldman,
J. J.' B. Hilliard & Son; Hornblower &
Hutton & Co.; The Illinois Co.; Kalman
Si Co., Inc.; Kidder, Peabody & Co.; Kuhn, Loeb & Co.;
Laird, Bissell & Meeds; Lazard Freres & Co.; Lee Higgin¬
son
Corp.; Lehman Brothers; Carl M. Loeb, Rhoades &
Co.;
Laurence M. Marks Si Co.;
McLeod, Young, Weir
Inc.; Merrill Lynch, Pierce, Fenner Si Beane; F. S. Moseley
& Co.; Maynard H. Murch & Co.;, The Ohio Co.;
Paine,
Webber, Jackson & Curtis; Phelps, Fenh & Co.; R. Wf
stock (nar ic).
Purpose, refunding.
share.
Offered for subscription to common
Corp.
Warren,
stock.
common
&
Corp.
60,000 shared of common stork
(par
$1).
Purpose;
working capital.
Price, $5.25 per
share.
Offered
by Sills, Minton & Co., Inr :
Cr^well
Weedon & Co.; A. G. Edwards & Son; Chace, Whiteside &
share.
Offered for subscription to stock¬
Unsubscribed shares offered by Merrill, Turbin
CO,
Galleher
&
Dillon
& Co.;
Weeks; W. E.
common
315,000 Standard
per
holders;
::
Stringiellow;
hard,' Cook & Co.; Stern Brothers & Co.; Stix & Co.;
.'Barret, Fitch & Co., Inc.; Don A. Chapin Co.; Earl M
Scanlon & Co.; Smith, Moore & Co., and Stifel,' Nicolaus
,
repay
Price, $8.25 per share.
&
2,317,900 Scruggs-Yandervoort-Barney,
Inc.
23,179 shares $4.50
cumulative preferred stock series A (par $100).
Purpose,
refunding, ($1,296,150), working capital, $1,021,750). Price,
$102 per share
and div.
Offered by Union Securities
Corp.; Boettcher and Co.; G. H. Walker & Co.; Bosworth,
corporate
Hall & Co., Inc. and P. W. Brooks & Co., Inc.
json,
jg|'r £
$1).
(par
general funds.
.
&t
Park
of
Sullivan
fiyy::,-
Wheat
C.
stockholders.
'■****
Offered by L.'D. Sherman
Price, $2 per share.
purposes.
& Co.
J.
Monmouth
1,937,500
132,500 - shares of common
265,000 Continental Car-na-var Corp,
Scott
by
Eastman,
Co.;
Noyes
Co.;
Price, $4 per
(par
stock
&
(v.t.c.)
sition of machinery,
Offered by Emanuel,
-
-
Inc.
Sand & Stone Co. 125,0C0 shares of common
$1)
Purpose, discharge notes payable,- acquiworking capital.
Price, $5 per share.
Deetjen & Co. and Allen & Co,
625,000 Colonial
stock
MANUFACTURING
Inc.
Gillespie & Co.,
-
AND
Castings
Sachs
cumula¬
refunding
Price, par
($1,612,250).
Si
Hayden,
Davenport & Co.; Mason-Hagan, Inc.; Branch.
C. F. Cascell St Co., Inc.; R. S. Dickson &
& Co., Inc.; Investment Corp. of Norfolk; Miller & Patter¬
son; Scott, Horner & Mason, Inc.; W.
E. Bulord & Co.,
Cabell
OTHER
loan
Co.,
Harriman
Inc.;
Co.,
$298,124 Berg
Offered
div.
bank
reduce
($1,387,750),
15-year 3% % bonds, due Feb.
Julien
Co.;
ties
Corp.;
Estabrook &
First' of Michigan Corp.;
Foods,
3,000,000 Miller & Rhoads, Inc.
30,000 shares of 4(4%
tive
preferred
stock
(par
$100).
Puroose,
and Co.;-.
The Wis-
Co., Inc.; Elair & Co., Inc.; William Blair &
& Co., Inc.; Bosworth, Sullivan & Co.; Bram¬
Si
duPont
,
Inc.
25,000 shares of common s*ock '"ar
Purpose,' corporate purpose.
Purchased by JohnLemon & Co. and Allen & Co. for investment.
<■150,000 Gordon
stock
Pension
-
«
125,000 shares of .common stock
(par $1).
Purpose, acquisition of constituent companv;?
purchase of trucks, equipment, working capital.
Price, $6
per share.;;
Offered by Johnston,:'Lemon <&: Co.; Allen^(-■&.
Co.; Auchincloss, Parker & Redpath; R. S. Dickson St Co:;Inc.; Clement A. Evans & Co., Inc.;; The Robinson-Humphrey Co.; J. C. Bradford & Co.; Stein Bros. & Boyce;
Brooke, Tindall & Co.; J. H. Hilsman & Co., Inc.; Varnedoe, Chisholm & Co., Inc., and Weil & Co., Inc.
1
Placed privately with
refunding;
Purpose,
■
Davi3
Barbour
The
--
Inc.
Foods,
Welsh,
Co.;
&
& Co., Inc.; Alex. Brown & Sons? Central
(Inc.); Charles Clark & Co.; Clark, Dodge
Collins & Co.; Dillon, Read & Co., Inc.;
Dominion Securities Corp.; Drexel & Co.; Francis I.
&
.
Allyn & Co., Inc.; Blyth & Co.,, Inc.; Central, Republic
Co. (Inc.); Dewar, Robertson & Pancoast; Eastman, DilIon & Co.; Goldman, Sachs & Co.; Harriman Ripley &
Co., Inc.; Hemphill, Noyes & Co.; Kidderj Peabody & Co.;
W, C. Langley & Co.;. Lee Higginson Corp.; The Mil¬
waukee Co. ; Rauscher, Pierce & Co. Inc.; Riter & Co.;
Shields & Co.; Smith, Barney & Co.; Stone & WebsterSecurities Corp.; Spencer Trask & Co.; Union Securities
Corp.; G h. Walker St Co. and White, Weld & Co.
i
.
Eoisc.v Idaho.
Childs,
750,000 Gordon
Inc.;
Blyth
Republic
Offered by R. M. D.
»
•
-*
*-1
Price, par and div.
expansion, etc.
Purpose, additions, improve-
etc.
Price, $102 per share and div.
Offered by
Read & Co. Inc.; E. H. Rollins St Sons; A. C.
ments,
Dillon,
Co.,
oc
Co.;
&
Bros.
Co.;
300,000 Falk Mercantile Co., Ltd.
300,000 shares of 4(4% cumu¬
lative non-assessable preferred stock (par $100).
Puroose,
.
2,OOQjOOO Southwestern Public Service Co. 20,000 shares of 3.90%
Stern
Stroud
hall,
-
held
note
Co.;
Corp.;
1, 1962. Purpose, reiunding. Price, 99 and int. Oflered by
Morgan Stanley & Co.; A. C. Allvn and Co., Inc.; A. E. Ames
&Co., Inc., Auchincloss, Parker & Redpath; Baker, Weeks &
Harden; Ball, Burge & Kraus; Bear Stearns Sz Co.; a. G.
*
demand
Weeden
Co.;
&
$45,000,000 Australia, Commonwealth of.
,
$2.20 cumulative preferred stock
&
Barney
Securities
Co.;
Cither Foreign Government
<
'
1,600,000 Southwestern Associated Telephone Co.
Co.;j
share
unit of one
by White &
'
Co.;
Robinson-Humuhrev
Co.;
consin Co.,
1,537,500 Colonial Airlines Inc.
150^000 shares of capital stock
(par
$1).
Purpose, general funds.
Price, $10.25 per
share.
Offered by Auchincloss. Parker & Redpath; Horn¬
blower
& Weeks;
Shields & Company; Reynolds & Co.;
shares of common stock
working capital, additions,
30,000
restore
A
B
working
&
L. F. Rothschild & Co.; Sal-,
Gordon Saunders Si Co.; Schmidt,
Weld & Co.; Whiting, Weeks & Stubbs;
and Wood, Gundy & Co., Inc.
White,
participating
class
Lynch; R. H..
Pacific Northwest
&
&
Smith,
St
Walker
of
Co.
Co.;
Townsend,
Dabney & Tyson; Spencer
&
Co.;
Tripp Si Co.;
Tucker, Anthony & Co.;,
Securities
Corp.;
Wachob-Bender
Corp.;, G.
H.
Trask
'
"
&
Inc.;
Hutzler;
Webster
St
Thomas
St. Louis.
25,000 shares of 27t> divi¬
cumulative .preferred stock
(par $1)
and
2,500 shares of common
stock
(par 5Cc I
stock.
Purpose, purchase of constituent company,
$137,500 Champay
dend
.
Ross
Schoellkopf, Hutton & Pomeroy, Inc.; Chas.
Co.; Seasongood & Maver; Singer, Deane
Co.;
Scribner;
Stone
Sons,
&
&
Scranton
Union
Price, $44.50 per share.
Offered by Dean Witter &
MerrPl Lynch, Pierce, Fenner St- Beane; Shuman,
Agnew & Co.; Schwabacher Si Co.;; Weeden & Co.; Hill
Richards & Coil Lester- & Co.; First California Co. and
Pacific Co. of California.
'*
St
&
,
Leonard
Moore,
Riter
Co.;
Bros.
W.
Price,
;:"f<i\
'
MISCELLANEOUS
etc.
i
repay¬
Roger
,
1,335,000 San
&
Rollins
H.
Poole
common
Offered for subscription to stockholders:
to
public
and stockholders of Industrial
unsubscribed
Co.-
shares of
share.
per
Credit
100,000
Corp.
and
loan
of
Co.;
Muilaney,
Co.;
Webber, Jackson & Curtis; Perrin, West &
Phelps, Fenn & Co.; R. W. Pressprich St Co.;
Winslow;
E.
Purpose, refunding,
($708,930),
working capital
($1,291,070).
$4).
(par
ment
4,233,700 Pacific Telephone & Telegraph Co. 42,337 shares of com¬
mon stock (par $100).
Purpose, additions and improve¬
ments.
Price, $100 per share.
Offered for subscription
to stockholders both common and preferred (above shares
". /
subscribed by shareholders other than American Tele¬
phone Si Telegraph Co.)
/
&
Paine,
Co.;
TBADING, ETC.
TRUSTS,
Bancshares
$2,000,000 Industrial
Charles H. Gilman &
Institutional
Clifford
Co.;
Moulton
omon
S. Palmer Co.; P. L. Putnam & Co., Inc.; Seasongood &
i.
Milwaukee
The
Merrill, Turben & Co.;
Pierce, Fenner & Beane;
Lynch,
;f....
Putnam
INVESTMENT
& Mejia;
De Young Larson & Tornga; Pacific Northwest
Company;
J. P. Arms, Inc.; Gordon B. Hanlon & Co.; KirkpatrickPettis Co.; Mannheimer-Egan, Inc.;
McDowell, Diamond &
Co.; Herbert H. Brooks & Co.; Byrd Brothers; Caldwell
v
ETC.
BUILDING,
LAND,
'
Corbett, Inc.; Albert McGann Securities Co., Inc.; ParkShaughnessey Si Co.; Bioren & Co.; C ement A. Evans &
,
.
OIL
Homer
\
Government
Canadian
$77,811,000 Montreal, City of (Canada).
1 (4 % -3 % debentures (U. S..
currency) due Oct.
15,
1947-iyo7.!
purpose,
reiunding.
;
Price, 99.125
to
100 and int.,
according to maturity.1.
Offered by The First Boston corp.1; - u. • w. —w vJ.;
American Securities Corp.; A. E. Ames & Co., Inc.; Bacon,
Whipple & Co.; A. G. Becker & Co., Inc.; Blair & Co.,
V
Inc.; William Blair & Co.; Blyth & Co., Inc.; Eoettcher
& Co.; Bosworth, Sullivan & Co.; H. F. Boynton & Co.;
Bramhall, Barbour St Co., Inc.; Alex. Brown & Sons; Burr
& Co.,
Inc.; Central Republic Co.; Coifin St x>urr, Inc.;
Julien Collins & Co.; Curtiss,
House & Co.; J. M. Dain
& Co.; Dempsey & Co.; Dempsey-Tegeler
& Co.; Dick &
Merle-Smith; The Dominion Securities Corp.; Francis I.
duPont & Co.; Eastman, Dillon St Co.; E^nabie securi¬
ties Corp.; Estabrook & Co.; Fahey, Clark & Co.; Farwell,
Chapman & Co.; Field, Richards & Co.; The First Cleve¬
land Corp.; First of Michigan Corp.; The First Trust Co.
v
of Lincoln,-Neb.;
Goldman, Sachs & Co.; Graham, Par¬
sons
& Co.; Green, Ellis & Anderson;. Hallgarten & Co.;
*v
Halsey, Stuart St Co. Inc.; Hannahs, tianln u, i_ee; Harri¬
man,
Ripley St Co., Inc.j
Harris, Hall & Co.,
(Inc.);
Hawley, Shepard & Co.; Hayden, Miller & Co.; Hemp¬
hill, Noyes & Co.; Hornblower & Weeks; W. E. Hutton &
Co.; The Illinois Co.; Kidder, Peabody & Co.; KirkpatrickPettis Co.; W. C, Langley & Co.; Lazard Freres & Co.;
Lee
Higginson ' Corp.;
Lehman
Brotners;
i-aurence
M.
Marks St Co.; Martin, Burns & Corbett; A. E. Masten St
Co.; McDonald & Co.; McDonald-Moore & Co.; McLeod,
Young, Weir, Inc.; McMaster Hutchinson
Co.; Merrill
$89,930. Reiter-Foster Oil Corp.. 105,800 shares of common stock
(par
50c),
Purpose,
working capital.
Price, 85c per
share.
Offered by The Federal Corp., New York.
Collins & Company;
Grimm & Co.; Wesley Hail
&
Co.;
The
Ohio
Company;
Peters,
Writer
&
Christenscn, Inc.; Reinholdt & Gardner; William R. Staats Co.;
Harold E. Wood & Co.; C. S. Ashmun
Company; Julien
Company;
etc.
Smith, Barney & Co.; A. C.
Newbold's Son & Co.;
H.
Co.; Piper,• Jaffray & Hopwood;
Brooke, Stokes & Co.; Dempsey
&
plant development,
consolidated
1.10%
Issues
Agency
Eanks.
Consis.mg of $26,deoencures u«.ed iviui'ch 1,
Credit
.
$23,710,386
of
Collins
4(4%
Purpose,
Intermediate
.
&
Lynch,
Newhard, Cook
& Co.; Paci ic
California;
Chaplin & Co.; The First Cleveland
Corp.; Metropolitan St. Louis Co.; Straus Si Blosser; Bing¬
ham, Walter & Hurry; Paul Si Co., Inc.; Pearson, Erhard
& Co., Inc.; Allison-Williams Co.;
Bateman, Eichler & Co ;
&
'
•
Boston
Corp.; Central
Co.; Kidder, PeaPierce, Fenner & Beane;
Corp.; Hornblower & Weeks;
Eastman,
Merrill
Webster
Ct>.
Purpose,
by
(Inc.);
Co.;
Stone
Service
$3).
(par
share,
per
preferred
First
Tne
$50),
(par
of
shares
160,000
stock
Government
and
Loan
'fc
1941, due Sept. 2, 1947 and $ol,45o,000 1.10% conioliyiy*;''dated debentures, dated March 1, R47, due Dec. 1, 1947.
Purpose, refunding $24,035,000; new money, $34,300,000.
;
, Price,
par.
Oxiered uy cnariey r.
—i.,
..c./
*ork,
i
fiscal agent,'
'
^
'
'
:''
cumulative^ pre¬
A1-;
Allyn & Co., Inc.; Paul H. Davis & Co.; Graham, Parsons
& Co.; Hornblower & Weeks; W. C.; Langley & Co.; Lee
Higginson Corp.; Laurence M. Marks & co.; Paine, Weober, Jackson & Curtis; E. H. Rollins & Sons, Inc.; Alex.
Brown
& Sons;
Reynolds & Co.; G, H. Walker & Co.;
Boettcher and Company; Bosworth, Sullivan & Co.; Cen¬
tral Republic Co., Inc.; E. W. Clark & Co.; Janney & Co.;
Maynard H. Murch & Co.; Piper. Jaifray & Hopwood:
Stein Bros. & Boyce; Stroud & Company, Inc.;
Yarnall
& Co.;
Biddle, Whelen & Co.; Dewar, Rooertson & Pancoast; Clement A. Evans & Co., Inc.; Mason-Hagan, Inc.,
and Stifel, Nicolaus & Co., Inc.
'
Co.
1,485,000 Northwestern
mon
by
,
W.
stock.
Unexchanged
Boston Corp.; Central Re¬
(Inc.); Eastman, Dillon & Co.; Kidder, Peabody & Co.; Merrill Lynch,
Pierce, Fenner & Beane;
Stone & Webster Securities Corp.; Hornblower & Weexs;
Loewi & Co. and Piper, Jaffray & Hopwood.
offered
snares
v"
,v:;
Offered by Union, SecuriSecurities Corp.; Blvth &
Co., Inc.; Drexel & Co.; Eastman, Dillon & Co.; Kidder,
Peabody Sc Co.;;Merrill I Lynch,' ;r rxerue, p'enner m. Reane;
?
.
Farm
9b0,000
(
Price, $53 per share and div.
ties Corp.; Stone
& Webster
26,000 shares of 414%
$100).
Purpose, refund¬
div.
Offered initially in
(par
per
,■) •!._;
dealers. ;yy
Corp.
ferred
Corp.; Tucker, Anthony & Co.; Union Securities
Corp.; White, Weld & Co.; Harcld E. Weed & Co. and
'Woodard-Elwood & Co.
2,000,000 Northwestern Public
'•''
$58,325,000 Federal
loans, working capital.
Price, $20 per share.
Ofto siocknomers v.no subscriDtd lor
shares.
Unsubscribed .shares
(23,843)
sold
at
$24 per
share
8,000,000 York
Swiss
!
.common
••"'.•'k'Vlj}
^urnside & Co.
through
American
$1
Price,
purposes.
E.
of
capital and general
share.
Offered by
wonting
rurpooe,
fered
f
Inc.;
Scranton
v.vV'.V- ;"■!
1449
bank
J
,
Corbett,
2oc)..
shares
Co.'V 295,000
Recording
.
(par
10,095,372 Swift International Co., Ltd.* 500',000 shares-of- capital'''V':;-stock
(par
15
Argentine gold pesos).
Purpose,1: retire
Leonard & Lynch;
Chas.
slock
Willis
Inc.; Eastman, Dillon & Co.; Equitable
Estabrook & Co.; Farwell, Chapman &
Corp.*
Hallgarten
Burns
(par
; ' ;
;
;
$100).
Purpose,
refunding
($12,000,000); new construction
($3,000,000).
Price, $102 per snare and dividend offered by Harriman
Ripley & Co., Inc.; Baker, Watts & Co.; Alex. Brown &
Sons; Clark, Dodge & Co.; Julien Collins & Co.; R. S.
Dickson
Signature
$285,000
shares of
150,000
Corp.
stock
it..! ,jf.>
THE COMMERCIAL & FINANCIAL CHRONICLE
;-• <- •
Number 4577
preceding, thus affording a fivecomparison.> >
,years>
<
year
'
■
Total
715,0 0
Total
140527,,3,9006625/^platUSieCMcnoiestnyatr-d.of
150, 0
Capit l 7,680, Q2,50,60 1,0 60^
:.
Jjf
■
New
C
2 V8,06 27 Oboligatfns
the
1FYIEVAfS^*;■•'!943NCRaepuniwtdlg$P<y\:,8605"T~vJ-_.— GtFOovfPebhQralrdiingUSogumapntendlm'Mcfc.ys^osb,IUSSFMONFHYEBAHIEEUADJS'1■1:9944—5TNCRTNCoRaeTaoetfpufpoutwininwdltdlghlg£$?;$y"•'-•16193207,4,55069V928,80.6
'FMmLMPFUFGOFbAOROEVNE^RBRNCiaMTNEUHTIAGRlOrNjY^'^'v/.?y;>„<c.=-11-1994—59446;eCCoNfVueapntovfeopiuedpftniwuwttawdnga:ldlg$g$k$<*T•1I3B72454,118965,33•9,000Q'"iJ"•--■y!;4v697822~s14'4,7.69_i25,0.
COORPFATE; TRoeftuandligC< 78,,936•-1906750i-«.Q4168,2,3755900'18413,0 :_—
1047
SUM ARY Capitlf$r 69,546,1 -5,0, 27,912■-'40 15,741-396
_
New
'
>
:Ay.-v;f*■'
'
bSmautonicpletyidens
CONOGRRPEUFWAPTIE
ACHANRTPE
1946——1CRNeTaRfpueoeinfttuwd-anVldlgig'$196528"1,,043,893000'48-
5,075,06 5,075,0
—
1947
-
Capitl $ 6,580, 0 3,40
New
:V/.vr
£
1,291^07 37,865914
128.34,2
FOfEBRUAYf" !■-" bonaonteddssShort-e—-—m| stoc.k stock- Candi—bonaontnedsds. •_&.— stoc—k stock-—•. f:oreign— bonaontneddss. __! stock stock corpateGovernmt—. forgoevernimgtn—Qaancivsd-t._•Munic<p&al—.e—St_e,s,UPnositeidn-'Sas toal idfnuncloodse.tfigures OFFEBRUAYNBoaotensd-s ———£!utiles m?nuft.— acesori— inmadanuufnscttrirdg—l —:bue:itlcd.—ngs, — Miscelanous Railrods—— iutiles_^— inamdaunnfskctturridg-l Land,buihgSjRuber^'-i:— 2Miscelanous iace:sor,'!indamuansunftrctdrilg—! __^ Miscela•nous ':jV'r•.i-: 'lit.wTes,n iaufctres_:l a!ces-ori. ^iamnadnuufnscttrridg!—l JL^acn._d!,^ib£uilsgs, Miscelanous cseocrpuritate.
eccootpalr,, :httrroaulddsing,, eccotcop.—arly,Equipment andyces—ori httrroaudlsdining,g,, utiles cceootpa.lr,,manuf— buei:ldtcng.s,:-■i\'. tthrruoaldsdiinngg,,, spteola,l, tthrroaulddsiinngg,,,
MONTH
DaCorp te omestic— Long-term Pref red Com on Long-term Short-em Pref red Com on Other Long-term Short-em Pref red Com on
-
:
Total
Can dian Other Loan
Farm
Grand
♦These
MONTH
Long-Term Railroad—s Public Irson,te l, Equipment Maotnords
etc. manufctres—_ etc. _ etc. :y, coper,-.t:i_$l£!^s; etc.
—_ Ship ing Investmn
Other Oil' Land, Rub er
Total
ste l,
PublitJ Iron,-
'
.Motrs
Other
Ship ingInvestm n
Stocks—
Railroads ste l, Equipment and •Ruber'S,hipng" Investm n
Fublic; Iron, Motors Other, Land,
Oil
'—latoT. Railrods^ Public' Iron,: Equipment Maotnords
.
Other
Rub er
Investmn
Total
7i^ 23,510
Refundi g 9,382,0
9,382,0 90, 0 58760,
56.095,0
S
';:
-1943
;?
..
New
'
57 92,0 17380,PO
1730,60 9,382,0
1,0 ,0
|4ew
37,41835 572306 75,236 0 20, 0
~
7,680, 0 2,50 , 0 1,0 0 2,798,0 "*150,6 6
63,923, 15^ 147,80 40,0 37,2915 4576O,
57l~6o,
16,40 23 10,3890
26,53910 10,5 0 90,0 29,0 23 50,13890
10,4 0
V
.
t
1870", 0
?
Total ;;
$'•
514,0793 tl7.3860 23758,0 135,948
Total
t
lp.50, 0
18,92 15 45,0*67 5
New
;
426, 30 5273*~.465 10,5923 28,0 0
67,2945 0,13890 4576 O
•
Capitl •:>-*; 10,50 pO ,0
v.
•
. T'?*o'v•ta;:-vl 70,5 : 114487,7,80:0-'V?%40,v^,»;40.0 ?327*6b0
10,38910 35,278903 12,70
5
90,468345 10,5 0 148,70 40 . 0
35,2945 10,3890 45,"0670
15,0 0
77;V*04 ,0
Capitl 74.850 27*958 4,23,245
$
1736,60 9,382,0
5702,6 17380, 0
"7
•5
-rl94 Refundi g
New
8,50 0 17530,60 17360, 6 23,510
V
--
-
?
17240, ?
Refundi g
-194
_"7•
a
7,680, 0 3,50 , 0 1,0 0
-7-y
7,680, 0
YEARS;#:g dapital, 2,50 i,o0; o 2,7980 '7150, 0
14,280 7~'V - 50,4*3 742
246,950 - |6,25"i60; ?4,2345
17360, 23,510
f
7"
*
:p,:
^
Refundig-; i7o6, 6
-1943
V
Total
1,0 ,0 8,50 , 0 -I7B3O,6
-V;
-7-^
'
Capit l $ 14,280
$- 7.680, 0 3,50 0
Total
23,i510 90, 0 58,60 106,52 93
.Total
i
"
.
40,2*56^93 1,7540 io,~ o76 62,431693 28,51430 138,0 83,56 93 I.T75 6 9.23,0 12,50
5,0 ,0
£
"-*j—
Refundig; 38,5930 32,7* 472
—25,0
^;RCeaf■upnidtil-g?;>'v*<• £2;4.5$7:>132,470v
1WJ^2738,1816945305729,99;*36:,02€07815.l'1.36Sanpdgcyhobmota&eiYl^wsQundmcpr"w4£y;J<%i/\':„tjC■•-s_>*FMTOENICBNOSOfeWv|EFPbUD,R'AE^T/:t£•i#'.v>'.*:.v»"r--VL,•f«Wk/■>r♦1t*•;;-1*>";yai■vv?»#•.4. 42,76v489550103,2?84,3097;
FY2EMTIFi8ANVLOAFWcHb[pRNrloSOLRAR0^DkCMG;;
91972648*9", 10.59,23
8,39 27 32,7 42
5,0 0
41,0872 17.386,0 213740, 30,89650
v
f1?43,7228<60,1009,35581194,0793
41,0872
26,932493 1.75,0 1,60 728 29,70.21 26,9570 1,30 34,52493 ir~7 5~,6 o 479*67 5 4,10 728
2^9570 1,30. 0
New
4,320 8,39 27
241,5730 137,40 49,32 0
;
CNapeitwlf':.C "43.287,0b 793,185?;jf*\•x■
Total ft'>• p324,0•8 0
V
' "iM-
56,02865 68,950 15.26 598
148.05,480 '<r■TV vt.
•-*•.
•>.
Reiund g •• 306,2 58 72~489,07 4,52674
-1946
Total
Refundig i-.6'2493 10;58,7
*Capivtl- . 7,820 /:5t42,0. I7o0,o 5,24 12
$
365, 60 9,57 0 54,3 90
3,927,852
21,043190 36,450 79,23 417 1,3 50 7,31,987 8,307,948 164^79,042 7,820, 0 21.53 190 374*50 6 84.7,829 1.3 50 7,81,987 1,807948
3,50,0
*
J
New
w
7,015823 162,4930 59,4860 48,0915 104,5 0 4,0 ,0
7
•"-V
v.
-;;
:
3,927,852
49,32840 23,759 71
:>vg."
Capit l $18,07.412 75 16,401 8,6241
New
;
"L;:
-1946
')
241,94865 170,31 0 81.07,590 37,450 13,2869 15,83 50 4,0 ,0 7,81,987 15,73 80
"
«
?
38,2164 49760, 25,91.0
s
1
7,81 ,987 12. 35,80
70,371,590
To'taJ-Vv v'- 170,3 0V 1,70 -J/
:
•ypr? :
'-
7.
7i>
,
'
.
39 ,Q0
73,8459
t
10,273497 514,0281 10,67 0 32,0 257
^i:T6tal? i$->*\-.. .36,20 51,0 0 15,0 65 203,975 0 13,6 710 25,0 0 20,8 0
•
13086,,274583650
9,57 0 9,57,0
52,6 876
89, 30
54,93215 3,20,0 2,0 0 25,9152
89,930
15,0 0 258,907653 16,8 10 25,0 0 2,"6b~6 56,32 5
138,0481 36,20 0 103,6287
-?
567,209^1
FCOROEIGRNP,VAMTET, notes-,.— —ic-not—es.»r - 4'/v:■-.r*v^%?.,:' !V•'-.-f>1z7h; Notes 138:5,231:64'834'0,0,42587
2FE8B-■.Y> notes — 4• —- govemnt_i;racs&._,Posein— 7T9>04268,/-5.3. ^sdnuf-elcItorgi OARUCFINHG-RDTE 4;•»vr-,^l.;7FEB#82. ?^•';>VNote■a—£ utiles—1-CT_4' manufctres-^—LZ. manufctrig-— et.-^"vr~W: heoltdcin.g, — manufctrig hoeldtcin.g, — —,- manufctrig hoeldticn.g, manufctrig—_ hoeldticng.,
Refundi g 89,72 086 3,05,0 20,482950 20,31 74
39 ,0
Capitl' 275,90 14 6,540r 3,8604' 53;,47086
-
r':
New
-
Refundig- - 1,80-,0 2;,^0 0 •3,0 2?,4306O ; 76 1; 0 25,0 0
-497
1,35 86
Capitl iry'*-•$a. 34,0 0 '28,30 1270 , 0 .18,5490
13,5870 45,~Y6oa 12,3516
8
-1947
19,64 1 275,90 14
13
;
:
10,273497 380,4531 5,1370 310,8976
New
•
SOUMFARY
>'.•••>,v;..
708,930 4,62140
127,250
40,796 84 1,80,0 58,03914 3,0 0 2,57850 13,6 16 25,0 0 708,930 8,791 86
3,05 0 3,05 0
6,540 6,540, 0
63,7208
35, 9104
89,930
17,28 72 54,80 93 3,20 0 1,291,07 21,3012 98,0379 34,0 0 45,87 2 12,0 0 236,49803 89, 30 3,20,0 1,291,07 47,53476
:
'
'
j
b.OEMNDNTHS *" „ oands — r stock-^ stock-;—r >?'i•,boanndds Short--—e—m„ Psretofckd-, stock-—, foreign.— boLaonnngd-dtesrm Short-e-m—:ri stoc„k— sto—ck TcorptaatlGovernmt foreignGLooavant,dn c•Muinicpeal—sSt,es,Staes toal.— /•Thes 'i •*w■4-—"v.. EMNODNTHS "r\'*»Y.-,V'•.BaLoonng-dTesrm1-^— eccsotetl,po-arl,, Equipment aacesnorid-—^ inadunstrdl buildngs, ^— trtarInudvesisntmgn,, Miscelanou — BSohaonrt-dTesm util—e7s^ eccsotpotea.rl,l,, Emaqnuuficpmes—ent anorid- inadunstrdl beuildtnc—gs, —trtraInuvdessitnmgn,, Miscelanous utiles eccsoopttealrl,,, Emaqnuufcipems-^.e—nt anorid: inadunstrdl beuticld.-ngs, —trtIranuvdessitmngn,, Miscelanous
:• >
.
\
Com on Other Pref red Com on
;
'-•'
Can dian Other
Farm
United
'
Grand
^
^
7
'-72' Railro ds Public Iron,
'
V-
^
-."r•7♦.«
>
•
.
*>
:
'
-
Total
Total
Mot rs Other Land, Rub er
•-•:
2
r
-v.*
D—Corpate omestic— Long-term Short-em Pref d Com on Candi — Long-term
Public'
Iron, Mot rs Other Land,
Bhip ng
Stocks- Railro ds
Public Iron, Mot rs Other Land,
Ship ng
Total-
,
aeutiles eccsotpota.rl,,l,Emqaunuifpment acesnorid inadunstrdl ]beuildtncgs, ttrraInuvdessitmngn,,*Miscelanous sceocrupritate
Total
Public Iron, Motors Other Land,
Ship ing
frrr t
M,.n, r.
(Continued from page 1449)
1,750 shares of 4Vfe% cumulative
$100).
Price, $100 per1 share and
by
Central Republic
Co.
(Inc.);
E. H.
Rollins & Sons, Inc.; A. C. Allyn & Co., Inc.; Ball, Burge
& Kraus;. Loewi & Co. and Mason, Moran
& Co. V
$20).
ley
Co.
&
\
Brothers, Inc. 7,261 shares of
convertible preferred stock
(par $10),.
fered
Leichen &
by Watling,
Co.
>
'
;
;
Co.;
A.
Allyn
C.
Wood
42,000
stock
Price,
$10.50
4,000 shares of
share.
per
i
,
(Continued from page 1447)
1947.
1
Construction-on
~ t
*
%
1946
-
)
disc.,
returns
&
•
of goods sold.-.
Depreciation'
Selling, gen. & adm. expenses
—
at
Zacapu,
:
operating
:
profit..
'
of
debt
disct.,fprem.
' 1
;
21,260,764
1,196,757
Interest oil Fed. exc.
.
•
i.-y-
-
\\i
-———
29.1,437;
19,263,715
/
11,577.000
7,060,000
11,543,500
3,332,423.
16,059,416
Total
income
dividends:
Cash
Common
stock '
—
16,109,504
37,474,273
1-
21,996
4,956,341
cumul.
series
/
common
cumul.
series
prior
7r£
second
First
pfd.
tCommon
Prem.
preferred
stock
red,
on
Expense
in
1,995,091
sale
1,662, 589
1,173,053
29,485,588
16,066,124
1,737,072
Chesapeake
of
share
one
8,
fc-t
each
shares
70
held.
§As
date
of
'
1946.
of
merger,
-
CONSOLIDATED
BALANCE
(Including Domestic
SHEET
DECEMBER
^
31
Subsidiary Companies)
in
"U.
Government
S.
Postwar
+T'*ade
Other
refund
and
excess
obligations-
25,559,713
7,784,690
528,986
__J
13,744,966
9,013,845
clp.ims___
2,484,753
2.484,753
advances
cost
market
tax
iNntcs &
accounts
or
and
less,
int.
not
in
receivable
excess
receivable
deferred
32,196
970,127
2,630,835
1,691,863
85,655,772
'Other-•
?Fixed assets—at cost
62,442,444
1,179,681
1,281,789
j;.;:
discount, premium and
Research
and
expense
experimental
(net)
exps.
Insurance premiums, taxes
Patents and trade-marks
&
(net)____
2,645,223
____
prepayments
the
.
.
first
are:
Equitable
costing
191,945,336 .137,304,975
accounts
payable..:
Other
accounts
payable
about Sept.
time
1,
Federal
and
withheld
State
from
taxes
and
employees
66,297
638,485
other
589,170
...
Wages and commissions..
f
l 525 197
.
Reserve for other taxes
Interest
HZ
___IIZ
Other accruals
3%
due Oct. 1, 1965—___________
debentures due Dec. 1. 1966_
Reserves for contingencies
reserves
Provision
7%
2nd preferred
fCommon
Capital
/General
Gross income
4fii7i
7«s
2,500,000
807,401
14 817 900
stoek (par $J00>_a_^._u_i
33,425,000
14,817,900
1,737,072
--OA''»wu
2,205,643
surplus
:
27,297,7171 22,332,694
29.485.588/ 16.066,124
Total,
191,945,336
♦Quoted
137,304,975
marked value^-1946,
$25,557,000; 1945, $14,150,708.' tAfter
$456,317 in 1946, and $291,052 in 1945. J After reserve of
425,000 in 1946 and $100,000 in 1945./§ After deducting
depreciation
and
amortization
of
$53,061,869 i in
1946
and
$36,438,295 in
1945.
IRepresented by 5.514,108 shares in 1946 and 1,737,072 shares in
reserves
1945.
in
Represented
Form
The
of
3%
be
--
-
of
New
York
either
'
-
Bond
due
with
420,000 shares
I.'"". H.V)
the
shares
'
!
;
21,
debentures
track tunnel,
Divs.
1947.
or
with
permanent
deben¬
1947, only permanent debentures shall
(
on
pfd.
subsidiaries
5,538,660
55,641,401
50,824,609
1,133,445
1,135,603
13,624,149
14,726,918
64,644
756.010
1,847
68,021
12,014
stock
209,459
7,799,954.
550,858
705,686
789,769
8,768,373
10,143,768
—.i*-
interest
Net
'
/
of
stockholders
Minority
.
683,179
216,973
—
3,533,251
3,337,798
income
Appropriation to special
property reserve —
%
.
3
.
;
;
.
..
17,603,104k
1,066,661
•/.:
31,600,228
—
16,536,43T
Weekly Output—
The
:
of
weekly
this
'
territory
^
„,
31,600,228
_*
Bal., before divs. on
pfd. stk. of parent
;
'331,981
1946,
an
kilowatt hour output of electric energy of subsidiaries*
adjusted to show general business conditions of
the week ended March 6, 1947, amount to 300,-
corporation,
served for
as compared with 234,776*685 for.
increase of 65,555,296 or 27.92%.-
the corresponding.week i»
Hearing Set for March 24^—
The SEC
'
March 24 on the amended plan ofctha
southern subsidiaries to the new Southern
will hold a hearing
corporation to transfer its
.,
Co.—V.'165, p, 1313.
.
'
l
^
Connecticut Power Co.—Merger—
^
RR.-—Interest
company,
"
^
inCr—iAAks
j'-;]
Yprjc
Stock Exchange: on| Feb.; 28-, directed that deliveries
of general mortgage!, 4,/2%" .income 1 bpnds, series A, Uue 2019,'up; to and
including March 20, 1947, imay be m^dei either with t^mpprary bonds
or with permainent bonds; that beginning: March'21; 1941;
only, perma¬
nent bonds shall be a delivery,—V,. 165, p; 1312.
v !
j. ; / :;i!,
The
New
is'Invitjing
'Company
bids for the
and refunding-mortgage bonds,
purchase from it of'$100^00(00(1
V:
series A, due March 1,(1982.
t
received by the Company &p. 4 Irving Place, New York
J or before 11 a.m. EST, March 18.
: ,.;nV " ; f-.
•
?
The First Boston Corp. has withdrawn as joint manager with Halsey
■"
!•'«' "I's »
'.•/*:*'Y.'.l. t /„>•'•.
o? *
' i. • *
- i V'
■'.* ?
, k-t':
Stuart & Co. Inc., as an investment banking syndicate planning to bid
■t-'
5
"*
^ ' '•
4
' 1 *
'
I-**'); «'*'*• j.
j' - '
for Consolidated Edison's proposed $100,000,000 of new first and reChicago Surface Lines—Ordered Sold—;
[ ,,V Jf HZ
; funding mortgage bonds.
It has rejoined a group oreanized by Morgan
Public sale of the Chicago Suiface Lines at-a' minimum of $75,000,000 \ Stanley & Co.
Both The First Boston Corp. and Halsey, Stuart &.Co. ••
on April 22 was ordered March' 7! by ^Federal Judge; Michael L; Igoe.
Inc.
attributed" the occurrence to misundertandings that had arisen,
The sale will
take place in the Cook County-'building under the
relating to the joint managership.! /
'Z Z ; '
direction of Walter" A; Wade, attorney, as special master.
^
"Output— ;v
/, J/":'.-' Z...v i.
The minimum price of $7f ,000,000 is the figure the Chicago Transit
The company on March 12 announced that System output of elec>»
Authority, a public corporation; has'been'authorized to meet if it-can
< rfpitv
(pipp.tficitv generated and' purchased) for the week ended Marclg
raise the money by bond issue!—V. 165," p. '204.'
'
"1
first
v.
; * Bids -Will be
"
-
.
••
.
»
>
be exchanged for permanent debentures
Farmers Trust Co., trustee, New York, N. Y.
may
office of City Bank
debentures
16,501,662
25,689,635
i L< TlW Federal- Power Comfnission has authorized the"1 merger + of :th«
either ' at 732 Union-. Station,' Chicago,' 111., : or at - 52'
'-electric- facilities of Connecticut Power Co., New London. Conn., artd
N. Y.', on April 1, 1947 will pay. an annual in¬
r
Torrington Electric Co.
To accomplish the merger, Connecticut Power
stalment of interst of 4'/2%
on 'the
general mortgage 41/2% income
proposes to
issue 52,800 shares of common stock ($25 par), > and
bonds, series A, and on the general mortgage 4!&% convertible income
$2,400,000 (pf 3% "first mortgage bonds, due in 35 years, in exchange1
bonds, series B, and an annual instalment of contingent interest of
('for" 48,000
shares bf! Torrington's common stock,, Torrington's only
11/2 %! on! the Chicago,'Terrfe Haute; & SoUtheaSterh Ry. fifst and refund¬
;! outstanding
securities.
The companies have adjacent distrtbuikw*
ing mortgage bonds and'income'mortgage -bonds, on the Bedford Belt
systems.-f-V.;! 165, p. 1068., ,
►
r i ■ ■
1
,
s' "*
Ry. first: mortgage bonds and on the Southern 1 Indiana Ry. first mortgege bonds.
These payments will be for the'year ended Dec/31, 1946.
Consolidated' Edisdn Co^ of NeW. YoTk,
Z1
jf;
<'•'vv
-f "ij; '
•"//• Form of Bond for. Deliveries—"
1/i[ Bids for Purchase of Bonds—
i
;•
Z V
(27,846,632
Street, New York,
-
:
<
9.148 555
4,180,134 J 17,564,962
debt
prem; and expense—
Other deductions
.
350,000
Exchange on Feb., 23 directed that deliveries
1965, up to and including March 20, 1947 may
temporary
.
Temporary
and
1940
Deliveries—
tures; that beginning March
be a delivery.
at
in
"'I
for
Stock
debentures,
made
by
/■:
4.490.929
AmoTt. of debt discount,
*
Chicago, Milwaukee, St. Paul &1 Pacific
Thq
of
1945.
21,402,702
22,289,264
343,901
5,460,395
/
of subsidiaries
be the mountain type,
Baldwin will build the- other
Works.
j ;
1,851,888
taxes._j
Inter. On long-term
jjl 'r
$
19,401,702 232,250.652 216,255,998
7,487,119 104,417,463
92,688,836
413,171
■
4,269,407
taxes
Federal income
March' 12 announced that ten passenger locomotives
approximately $3,560,000 have been ordered from the Lima
Works and Baldwin Locomotive Works.
Delivery is sched¬
Lima
Wall
946 645
stock
-Earned. surplus
.
40,000,000
3
//
1,979,375
deprec.—
'
10 Locomotives—
eqUlpiment.T—V^ 165, p, 1312,
608,333
4o!ooo!ooo
40 425 000
(no pari.
for
10,236,195
____
Amort, of plant acquis!*
tion adjustments __/«;
300,000
25,000 000
Z—ZZZZZZZZZ
;
"•$4.75 preferred stock
502,768
354',808
1134 135
debentures
2.85^
Other
1,396,515
'723 224
_-___
,.
15.3
17.3
17.8
1947—12 Mos.—194&
$
22 358,544
revenue
Operating expenses
.
!
"
and will be build at
five which well be
high-speed passenger locomotives.v j
'*
"
1
<• ' 1
?• The new locomotives will be operated in connection with the $26,000,000 order placed last November to. replace all of .the C. & ,Q. passenger
the
amounts
Accrued liabilities;
1947—Month—1946
$
Gross
The
Hayden,
Completed—,
uled for late this year.
Five of the engines'wi:i
2,155,702
72,476
\
15.4
1313.
Period End. Jan. 31—
Locomotive
3,857,344
III_H
;
.
;r 182,814,000? !;
215,360,000
15
165, p.
Corp.;
Securities
Co.; Bramhall, Barbour & Co., Inc.;
Co.; and Kebbon, McCormick & Co.
Orders
%
liabilities—
Trade
22
—V.
The company on
Total
Inc^
186.281.000
215,379.000
'
1,262,167
.?•
.
218.458.000
Ohio Ry.—Equip. Trusts Offered—As
issue March 10 an Underwriting group
1,748,684
2,334,386
.
Feb.
Va., has been
completed after nearly a year's work, it was announced on March S.
The tunnel is approximately 2,700 feet long from portal to portal. .
The improvement,
including relocation of tracks extending beyond
the tunnel, totals
1.09 miles and shortens the company's main lines
by 3,600 feet. It reduce-;; a 303-degree curvature, obviates a 35-mile
slow
order at this pelut and is. expected to - result in a sayings .of /
$80,000 a year in operating expenses.
<
'
It is expected that traffic will be routed through the new tunnel for
68,193
1,913,494
______
the past four weeksr
>186,664,000
189,460,000
.
'
Debt
&
Boeing, of the Company's newest and longest double
being constructed on its main lines at Ford Spring, W.
of
Investments—at cost:Foreign subsidiary
companies,
1946
1947
218,483,000
by
Tunnel
1.145.544'
421,810
&
"
Mar.:.
; 1_
14,151,760
10,418^977
accounts
Inventories—at
are the kilowatthour output totals of
.percentage comparisons with 1946:
!
Mar.
Miller &
32,830,129
profits- tax.
receivable
accounts
Federal
securities
Federal
of
42,923,526
$200,000,000 Con-
Co^—Plans
the Commonwealth Edison group of
output of
Week Ended-i
issued by Judge Pollard last December was made
1312.
our
offering
I linois
$
Cash, with banks and-on hand...
the
1945
1946
ASSETS—
.
be spent for
$200,000,000 will
Following
^
been
Harris, Hall & Co. (Inc.) offered to the
public, March 7 $1,800,000 lVz% serial equipment'trust
certificates to mature $180,000 each April 1 from 1948
to 1957 inclusive, and will pay progressive yields from
1 to 1.75%. Associated with Harris, Hall & Co. (Inc.)
headed
,
rate
'
sales to other electric utilities for the week ended March
a
15.4%
increase over the corresponding week last year.
showed
8
Feb.
mentioned in
*Including $6,070,000 in 1945 and $8,705,000 in 1944 excess profits
tax, after $870,500 ppstwar refund in 1944.
tRetired in 1944.
tTo
common stockholders,; March
31, June 30 and Sept. 30, 1944, at the
Feb.
^
-'
Commonwealth. & Southern Corp, (& Subs.)—Earns.
1,579,448
$2,86
$2.82
Wks.—1946 !
1947—8 Wks.—1946
$9,030,182 $24,210,431 $1T,994,20T
$12,433,854
!
contingent on such a ruling.—V. 155, p.
14,382,978
5,514,107
$2.36
^
order'has
The original order
165,629
'share
common
amended'
'
Weekly Output—
Electricity
debentures.
of
1944
shs,
per
.
necessitated by the ("refusal of the
Commissioner of Internal Revenue to rule, as requested by the trustees,
that no withholding of Federal taxes at the source is necessary and
that the cash distribution shall not be considered as interest on the
The
2,142,917
3,162,883
surplus at jend of year..
outstdg. at Dec. 31—
Common
1,037, 253
-
and
Debeii-
and
Government.
'
1947—4
'
construction by the com¬
pany
during 1947-1948 and requirements in the years immediately
following 1949 niay also be substantial, Charles Y. Freeman, President,
states in his annual report to stockholders.
Construction expenditures
in 1946 were $37,383,015 as compared with $20,228,752 in 1945.
Com¬
monwealth has started work on the installation of a 150,000 kilowatt
unit and related steam generating equipment at the Fisk station in
Chicago. A considerable part of the building alteration work for this
unit was -completed In 1942 at the time priorities for its equipment
were-revoked, ft is scheduled for completion in 1949.
Federal
55,962
1,037,253
i
1947-48—
Mdre than
:
+
,
Iiic.—Current Sales 37.69% Higher—►
Commonwealth Edison
vtruction
•-
,
165, p. 936.
786,593'
1 037,253
series__-_
prior pfd
—V.
however, to withhold from non-resident foreign debenture
<
dividends
of
stock
Earned
$4.75
Colonial Stores,
Period-End. Feb! 22—
Bales
excluding
3,230 ,502-
pfd. stk.
stock______
redemption
re
capital
Earned
stock,
March
stock, payable March >31 to holders of record March 10.
,
Inc.—Initial Dividend—
an initial quarterly dividend of 10 cent*
-on" the' common stock, payable April 15 to holders of record
28, 1947.—V. 165, p. 807.
per share
■.
f.declared}a«dividend uf io'.cents, per share
directors on March
the
»
•
Colonial Sand & Stone Co.,
The directors have declared
:
holders 30% </
of the stipulated payment under sections 143 and 144 of the Internal
Revenue Code. The amount so withheld is to be turned over to the
23,344,694
brior pfd. stk.
+5%
467
}
.
'
437,427
j___
t7%
,
7,235,190
14,382,978
5,348,733-.
'
„
7,613,490
16,066,124
Earned surplus at befe. of year
£Earn, surp. of Tubize Rayon Corp.
with the 8EO
selling stock¬
Offering price will be $0
Colon Development Co., Ltd.—^Production—
The -' company • Announces thta> its production'" for the four week»
ended 'March' 3, H947 ■ imotmted! to' 381,615 barrels, which compares,
with
436,916 barrels for the five weeks- ended Feb. 3,
1947 at"*
361,972 barrels tot the four weeks ended Dec. 30, 1946.—V. 165, p. 936,
Judge1 Robert N.< Pollard of. the Federal District Court - at Richmond,
Va., has entered an amended order -Approving a 10% cash payment
to holders Of; thq debenture 5s of 1948 and .5'/2S of 1954. ; '
The trustees'propose to make the payment within four weeks after
the entry of .the, ordei;.,
T :
'
;
,
;■
1
'•
' '
Under the order, the trustees will be authorized- to go ahead with (the
10%
cash distribution conditionally authorized by the ' Court last
December on application of the Boyce committee for debenture holders.
Trustees
under
the
amended
order
request
additional authority,
1,317,802
income
Underwriters, F. H. Roller & Co,
share.—V. 165, p. 1186.
;
'; i
■ *
*
a
1
,
Net
holders.
turehdlders—
18,778,690
Emergency plant facilities.______
SEC—
Thee ompany on Feb. 24 filed a letter of notification
6,500 shares of common stock (par $1) on behalf of
'
Central States Electric Corp.—T& Pay 10% to
27,636,416
taxes,on income^.-.
Special amortization ;charges: ; i
Reiinancing expenses
(par $10).
Lunt.
stock
Wis¬
'
Clinton Machine Co.—Files with
Payments in 1946 were as follows: Mdrch 4, 15 cents; and Sept. 30 and
Dec. 31, 30 cents each.
t
*
The usual quarterly dividends ori 87V& cents per share on the 3%%
preferred stock and of $1.50 per share en the 6% preferred stock
were also declared, both payable April T to holders of record "March TO.
163,ipt 1185.
1 /
*. i
H
' ' » '
*i-i
; ?
1
1
« *
535,556
income
*Prov. for Fed.
j
1,200,115
'
264,735
iprofits taxes-
20,270,242
:
-
Net
•
1,217,203
212,222
Co.
for
<
on
248,768
„
- 48,813
T /y"
consin
Preliminary work ;has already Commenced, and-production from the
plant ;iS( expepted, to be. available'in .about two years:—rV. 165, p. 1312.: a/
1
'
k "
*
1
1
! * '
♦
\tf
r' (-1 1
f
"t 1
1
i
' . V !
' 4 •■■■
1
1
j ( ( f 1 . . >
'
*
f'
v
f
1
Central Milne Power Co.—Distributions—
The
20,021,474
371,846
.
Co.
2,000 shares of common -stock
$16 per share.
Offered by Hamlin &
Weyenberg Shoe Mfg. Co.
2,750 shares of common
(par ,$1).
Price, $17% per share.
Offered by The
$60,941,349
President, on Ma,rch 12 announced plans for Zthe
plant in the North West coastal area of British f;L
s
20,888,918
& exp.
J;
.
'
29,065,842
-
(parent).
Price,
'
,
f-/i $
28,337,161
728,681
debentures-i._L__J2-_u
on 1
Co.
32,000 Upson
East of Prince Rupert.
1944
.
Total income
mon
Ltd.,'a'Subsidiary.) The'reserve .allotted'will proVide ;perpetual wood supply for the plant.
" j
;
The site of the plant will be Watson Island, about eight miles South
a
■
Amort,
a
of_ com—
Offered
& Share
& Light Co. 1,050,072 shares
stock (no par).
Price, $17.50 per share.
subscription to stockholders of Electric Bond
'Pennsylvania Power
for
Cellulose 'Co.
ward
t
of
Patton & Co.; Clifford J. Murphy
Co.; F. L. Putnam & Co., Inc.;
Sides, Morse & Co., Inc. and Tifft
& C<L
18,376,260
Columbia, for t;he .productioji, of highly.. pyr|f(ed cellulose for .chemical
purposes, to have a capacity of from 200 to 400 tons per day., ,1 1 ' *
Arrangements have been made with the British Columbia Government,
through Hon. E.' T. Kenney,1 Minister of Lands and Forests, whereby
a large
tract of forest land has befen reserved for use by the Port Ed¬
.
Other .income:
Interest
Blancke,
construction
135.202,212 104,197,237 101,655 680
88,889,957
68,923,205
68,351,240;
5,913,782
4,604,091
4,294,848
12,001,311
9,779,024
8,988,118
Cost
Mayer;
Julien Collins & Company;
-
allowances
Het
>
Co.; Roger S.
Seasongood &
Brothers;
$713,000; Pacific Lighting Corp. 11,500 shares of common stock
(no
par). Price, $62 per share.
Offered by Dean Witter
Junkin,
Palmer
,
•
v-'.
less
,
Service
Company;
Burns
Inc.;
Co.,
H. Brooks & Co.; Byrd Brothers; Caldwell Phillips
Co.;! Draper, Sears & Co.; Charles H. G.ilman & Co.;
H. Ingraham & Co.; Institutional Investment Co.; Mc-
(pari $3).
Ashmun
S.
C.
Martin,
Co.;
Securities
L.
To Erect Plant in British Columbia—,
("
t
Public
&
McGann
Co.;- Bioren & Co.; Clement' A. Evans
bert
and Moreland;
& Co., Inc:;
Co.;
by
Harold
plant
f1945
-
Mosle
Pearson, 'Erhard & Co., Inc.; AllisonWilliams Co.; Bateman, Eichler & Co.; Homer Collins &
Company; Grimm & Cot; Wesley Hall & Co.; The Ohio
Company; Peters, Writer & Christensen, Inc.; Reinholdt
Gardner ; William R. Staats Co!; Harold E. Wood &
Paul
i;'
v;
j M
the Viscosa Mexicana, S. A.,
V
,
„
,
'
., j
progress.
r
sales,
;
/
.CONSOLIDATED INCOME STATEMENT, YEARS ENDED DEC. 31
(Including Domestic Subsidiary Companies)
Gross
:
;
General Corporation and
Investment News
Michoacan, is in
I
♦
common
Offered
Rotan,
by The First Boston Corp.;
&
Shops of Del. Inc.
$1).
(par
Gardner;
Co. 300,000 shares of comPrice,' $13.50- per share.
Offered
Central Republic Co. (Inc.),
Eastman, Dillon & Co.; Kidder, Peabody & Co.; Merrill
Lynch, Pierce, Fenner & Beane;
Stone & Webster Securities Corp,; Hornblcwer & Weeks; Loewi & Co.; Piper,
.Jaffray & Hopwood; Newhard, Cook & Co.; Brooke, Stokes
& Co.; Dempsey & Co.; Pacific Co. of California; Chap¬
lin
&
Co.;; The ;First'Cleveland Corp.; Metropolitan St.
Louis Co.; Straus & Blosser; Bingham, Walter & Hurry;
stock
mon>
;
Co.
&
Shirt
National
.
«
,
Co., Inc.; The Illinois
Company;; Loewi & Co.; Ames, Emerich & Col, Inc.; Farwell, Chapman & Co.; First Securities Co. of Chicago;
Whiting, Weeks & Stubbs; Julien Collins & Co. and Harold
E.
r
r
common stock (par $1),.
Price, $6.25 per share; Offered by Loewi & Co. •!/Hr-:'-'; •
;■'?! 3,048,000 National Aluminate Corp. 127,000 shares of common stock
-(par $2.50).,
Price, $24 per share. Offered by Lee Higginson Corp.; The First Boston Corp.; Central Republic
Co., Inc.; F. S. Moseley & Co.; Paine, Webber Jackson &
Curtis; Kebbon, McCormick & Co.; White, Weld & Co.;
Wisconsin
&
I. M. Simon & Co.; William
R. Staats Co.; Stern Brothers & Co.; Stix & Co.;. Stroud
& Co., Inc.; Walston, Hoffman & Goodwin and Watling,
Lerchen & Co„
'! ;/
'
"•
*' ».. •
a
' '
4,050,000 Northwestern
*/. 11,063 McQuay, Inc., 1,770 shares of
The
Reinholdt
f
;
•
r
,
5Va% cumulative
Price, par. Of¬
;
Co.; iBateman,
Hornblower &
Inc.;
Johnson
Albert'
&
\ Shillinglaw, Bolger & Co.;
,
&ACo.^ Inc.; Sheridan,- Bogan Co.; '
Co.; Coburrt & Middlebrook;-Cohu-& Torrey;
&
& Corbect, Inc.;
Park-Shaughnessey
& Co.. Inc.; Bar-<
rett, Fitch & Co., Inc.; Davies & Mejia; De Young, par¬
son
& Tornga; Pacific Northwest Company; J. P, Arms,
Inc.; Gordon B. Hanlon & Co.; Kirkpatrick-Pettis Co.;
Mannheimer-Egan, Inc.; McDowell, Diwond & Co.; Her¬
139,700. shares of common stock (par
share.: Offered by Paul H. Davis
Eichler & Co.;; First California Co.,
per-
Inc.; Piper, Jaffray & Hopwood; Rauscher, Pierce & Co.
;
t
t
72,610 Edwards
Co.
Drass
H,
R.
Weeks; Kalman & Co., Inc.; ;Lester
Co''» Morgan & Co.; Newhard, Cook & Co.; Paine,
Webber, Jackson & Curtis; Peters, Writer & Christensen,
99,990 Drackett Co. 5,555 shares of common stock
(par $1).
Price, $18 per share.
Offered by Van Alstyne, Noel & Co.
"H
j
Williston
Inc.;
Ediscn Co. 100,000 shares of capital stock (par
Price, $26.75 per share.
Offered by Morgan Stan¬
2,675,000 Detroit
-i-3-
Clayballgh & CoV; New York; Faroll* & Cot Chi-!5;
Buckley Brothers; Philadelphia, and Kitchen & Co.
r;iu;;;.$l).' Price, $12.75
&
*
'
p
cago;
Offered
div.
\
V.
$1,781,175 National Tank
(par
stock
preferred
Blair
.'
$175,000 Deerfield Packing Corp.
of
f
'
.V
t
Monday; March 17/1947
THE COMMERCIAL & FINANCIAL CHRONICLE
1452
u.—
•
•
'"
Volume" 165
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4577
;'
facturing and selling electric air circulators.
The transfer of assets
kwh., compared with 183,100,000 kwh.
and liabilities from the predecessor to the company on June 1, 1946 ;
1946, an increase of 14.0%. Local distri- */
did not include the assets or liabilities of the Fresh'nd-Aire Division.
button of electricity amounted to 196,300,000 kwh., compared with 180,- /
These were transferred on May 25, 1946 to a new partnership created
200,000 kwh. for the corresponding week of last year, an increase of •
by the same individuals who were partners of the predecessor.
Upon /
B.9%.~V. 165, p. 1313.
\-r
''*%
the organization of the company and as of June 1, 1946, the company
acquired the net assets, good will and license agreements of the Cory
;:
Consolidated Natural Gas Co.—Changes Div. Policy— " Division of the predecessor in exchange for 562,500 shares of common ;
The directors have changed the company's dividend policy with the
stock.
••
yv::'t ' v.),
1 •declaration of a regular semi-annual dividend of $1 per share on the
On Jan. 2,
1947, the company acquired the net assets, good will,
trade marks, and patents of the Fresh'nd-Aire Co., the limited part¬
,, capital stock,
payable May 15, 1947 to holders of record April 15. The
company has decided to consider the stock to be on an annual regular. > nership, which partnership was composed of the same individuals who
dividend basis of $2 per share, as long as earnings and cash position
-were
partners of the predecessor, in exchange for 62,500 shares ($1
Justify such action,
i ■
' '
- ,
'
: par) common stock of the company.
■
,
* '
1
•
:
In preceding years, the company on May 15 and Nov. 15, paid a
PRODUCTS—The Cory Division; is engaged primarily in the pro- regular semi-annual dividend of 50 cents and an extra of 50 cents.
duction, assembly and merchandising of glass coffee brewers and other
appliances and equipments used in the brewing of coifee, all of.
Financing Plans Submitted—
which products are marketed under the trade name "CORY."
This
The company^filed MafCh G with the SEC, a declaration relative to
trade name
is used
in national advertising which has particularly
the solicitation of proxies jn connection with its proposal to increase
featured the brewing of coffee in all-glass brewers.
.•".•'.
,Its autnovized ($15 par) capital stock from 2,728,359 to 3,274,031
The company's sales in the past have been primarily for home use.
shares.
The solicitation material, with notice of the company's annual
consisting of heat resistant glass coffeee brewers (which can be used
meeting in May,- will be mailed to .stockholders of record of April 16.
on
any
type of kitchen range), glass filter rods and single-burner If the stockholders and the SEC approve the proposal, which was out- ;
two-heat electric stoves.
The brewers, which operate on the vacuum
lined in a letter to stockholders on Feb. 17, the net proceeds from the
principle, are manufactured and sold in various designs and in various
.' sale of the additional 545,672 shares of stock will be used In connection
sizes with capacities ranging from two to 12 cups.
The brewer con- .
with.the company's program, which involves its purchase of additional
sists of a lower decanter, an upper bowl and a filter rod, which are
shares of the capital stock of its subsidiaries.
If authorized, the new
all
of
heat
resistant
glass, and plastic and metal fittings.
The
-shares of the parent company-will be offered to holders of the outpatented glass filter rod is distributed and sold separately not only
' standing capital stock in a • ratio of one share for each, five held. '
for replacent in the company's brewer but also for use In the brewers
'V. 165, p. 1068.
^
'
/.
...
of other manufacturers.
'
1453
®, 1947 amounted to 208,000,000
..'for the corresponding week of
Dallas Railway & Terminal Co.—Earnings—
:
EARNINGS
♦
FOR
12
MONTHS
ENDED
31,'
JAN.
"
Total
operating revenues—L
—————
Total operating expenses——
Property retirement reserve appropriations..———————
Taxes, other than
Provision
Net
for
operating
Income
Federal
Federal
income
$7,196,464
5,658,792
•> Crl9,252
—326,402
taxes
income
—
153,200
,
revenues—.—
$1,077,321
.
deductions
;
V /.
1947
112,673
——
.
,
,
i
.
Net income
Transfer
to
Balance
$964,649
...
—
surplus reserve.
of
net
436,122
1
income
$528,526
—V. 163, p. 463,
'
Dayton Rubber Mfg. Co.—To Change Name—
r
.
*
The
stockholders
will
March
vote
26
corporation to Dayton Rubber Co.—V.
changing
on
164,
the
of this
name
'
2406.
p.
;
s
.
Denver & Salt Lake Ry.—To Vote on Sale—
v
,
»
,
I
\
I
'
.
1
Consolidated Steel Corp.—New Vote on Sale—
1
/
The: corporation, on Mar, 6 announced, .that its sale
;
Co.,
subsidiary
a
the
of
Steel
States
United
to Columbia Steel
opposed by the
•
Corp.,
}
.'J.
.
entir.g 352,107 shares (72.86%
this
,
of Justice—will be resubmitted to its shareholders.
Alden G. Roach, President, in a letter, reported that proxies repres-
Department
coffee brewers
of the 483,234 outstanding) had approved
postponed for~a considerable period of time, the entire matter " will be
proxies will be solicited."
A new agreement provides that the antire plan can be discarded by
*Ither party if the Department of Justice case is not ended by Dec. 31,
resubmitted to the shareholders and new
,
1948.
on
Sale—
•
The
decanter
glass
and
upper
1945
replacements for the years
as
of
bowls
and
1946
tors
-
35%
approximately
division
is
of
inches
14
to
Co.. (Wyo.),
into
reorganized
as
-The
-
The Denver & Rio Grande
accordance with the Plan' of
in
confirmed
March
on
1947
10,
when
will be entitled
vote
to
the
at
$100
pay
31,
1946.
The
at
Co.,
$8.75
per
after April
meeting.
Payment
York,
bond
will
Trust
N.
Y.,
and
.
to holders of its
1947,
1,
'
Bonds—
payment of 1%% for the
be made on coupon No. 20
interest
an
International
New
$500
1314.
p.
and
on
bonds,
Trust
bond,
165,
in
Dec.
Income Mortgage
on
gold
presented
Bankers
at
will
mortgage
ended
year
Interest
company
Income
'
by the U. S. District Court for the District
Only holders of shares of stock of record at the close of
To Pay
'
com-
and industrial use.
inches in size for home
35
RR.
(Del.),
Colorado.
business
manufacture, assembly, and merchandising of electric air circula¬
for wall, ceiling, table, and floor installation in models ranging
from
Western
RR.
Reorganization
the
primarily
engaged
Lake
Western
of
DIVISION—This
A special meeting of the stockholders will be held on April 1 to con¬
sider and vote upon the adoption or
rejection of the Agreement of
Merger signed by a majority of the directors of each of the parties to
the Agreement of Merger which
Agreement, if addopted, will effect a
statutory merger of The Denver & Salt Lake Ry Co. and The Denver &
Salt
a
Co.,
the
on
$17.50
Denver, Colo., or
basis of $1.75 per
$1,000
per
bond.—V.
■
Diamond Match Co.—Water Resistant Matches Output
The
holding;of a heai>
primary characteristic of this air circulator is its ability to circulate
lng on charges brought by the Department of Justice to enjoin it from
larger masses of air than is generally possible with the conventional
.' .purchasing:,the Consolidated Steel Corp.
electric fan.
All of the circulators are market under the trade name
Defense counsel filed with the: Court at San Francisco, Calif., a
:
"Fresh'nd-Aire," which trade name is also used in national advertising.
stipulation in which it agreed not to consummate the agreement for
The company's sales in the past have been primarily for commercial
the time being with the proviso that permission be given to continue
and industrial use although developments have been made in smaller
the holding of board of directors and stockholders' meetings.
units for home use and at present the company has three standard
The
government contended
the hearing should be held on the
air circulator models for industrial use and three standard air circulagrounds that the entire agreement was in violation even if not en¬
tor models for home use. The circulators are sold so that one Fresh'ndtirely consummated. The Court reserved? decision.
Aire unit can be converted for three different uses, namely, a low stand
In bringing the suit, Attorney General Clark
contended the pro¬
model, a wall model, and by the addition of a sub-base and tubing,
posed purchase of Consolidated would eliminate "substantial competi¬
into a high stand circulator, depending upon the user's requirements.
tion" In the sale of rolled steel products/i
r
Y,
The circulators have several exclusive features,
including the light¬
He also contended that it would "eliminate substantial competition"
weight molded plastic
propeller blade, a visual speed
control and
between the United States Steel Corp.
and its subsidiaries and Conswitch device having three to five different speeds, and such distinc¬
solldated in the manufacture of fabricated steel products in 11 Western,
tive features as heavy duty motors built to specification, removable
v' Mid-Western and Southern states. Consolidated operates plants at Los
safety guards
andinterchangeable low and high stands and wall
i Angeles, Vernon, Fresno, Berkley, and Taft, Calif.; Phoenix,. Ariz., and
mountings.
/"
Orange, Texas.—V. 165, p. 1313,
The company has in process of research and development a power
The:Columbia Steel.Co. on March 12 opposed the
;
sold
FRESH'ND-AIRE
the
Court Reserves Decision
of
such glass products distributed during
those years by the company.
Approximately 65% of the glass filter
rods distributed by the company during the same period were sold v
either as replacements or for use in other makes of glass brewers.
Sales of glass filter rod3 amounted to approximately 3,500,000 units
during 1945 and 4,100,000 units during 1946.
sale, with opposition from only 4,147 shares (0.86%) but said:
"Since itJtiow appears that the closing date of the transaction may be
,
recently
business.
division's
prised
the
_
the. development
finished
completely
automatic coffee brewer for home use. •? This product is now in production
for distribution during the current year.
;
:
Replacement-parts constitute an important and stabilizing part of '
has
Company
*
It
.
is
announced
resistant
needs
matches
Manufactured
that
has
tnroughout
production
now
reached
of
the
company's
"sufficient
U. S."
the company's Oswego,
volume
at
new
water
supply
to
the
retail
,,
-•,,•
factory, the matches
are guaranteed to
light after repeated drenchings or after four hours'
complete submersion.
' "r;
v.;//
V'-''
William J. Elder,
Manager of the Oswego plant, reported present
-
production
of
in excess
21,000,000
N. Y.,
water
resistant
*
,.
matches
week.— :
a
.
V.
164, p.
\
3141.
Diana Stores
•
1947—Month—1946 f
;
;
,
,
,
* v
..
1947—2 Mos.-r-jL946
$818,650
$729,948
—
—V. 165,
•
Corp.—February Sales Fell Off 10.8%—
Period End. Feb. 28—
Sales
'
$7,634,184
$7,492,950
936.
p.
v
w.
•
Dictaphone
•
driven
pilot models of which are now being
tested.
The company; anticipates having this new product available
for sale and distribution prior to the end of the year 1947.
Consumers Power Co.1947—12 MoS.—-1946
1947—Month—1946
$5,647,712 $69,982,154 $61,622,108
32,551,261
26,592,383*
2,186,150
7,095,458
6,581,250
587,792
Fcrlod End. Jan. 31—
Gross
revenue
Operating
3,432,395
629,750
„
Provision for
deprec
plant acquis
of
Amort,
sition
taxes
Federal
—
Ht
(3,556,808
2,466,477
3,280,454
18,547,757
8,762
4,922,154
.105,146
8,762
1,133,489
1,168,500
\
—:
taxes__(
income
of shares to
E.
Blair
Cross income
;
Inter, on long-term
$1,731,518 $18,125,723 $17,779,389
292,453
3,468,858 ' 4,249,446
$1,759,094
debt
288,500
Amort, of debt discount,
37,354
-—
37,161
Cr2,120
5,690,638
99,734
448,050
Cr6,571
and expense.—
prem.
Other deductions
Crl0,822
First
Net income
Dividends
205,420
pfd. stock
on
165,
Continental Gas & Electric
Corp.—New Directors—
,
President of Iowa-Illinois Gas & Electric
Corp., and Ralph T. McElvenny, Vice-President and Assistant to the
Chairman of the Board of United Light & Rys. Co., have been elected
P. Conrad,
Commodore C.
directors.—V. 163, p. 68.
t
Corp.—Stock Offered—A banking syndicate
headed by Glore, Forgan & Co. on March 11 offered
177,000 shares of common stock ($1 par) at $10 per shave.
The stock is being sold on behalf of selling stockholders.
No. of shs.
5,000
5,000
8,000
Inc.-
Co.,'Inc
8,000
3,000
3,000
Reinholdt & Gardner
3,000
3,000
3,000
1,500
Pacific Co. of Calif.
8,000
7,000
Co.
-
E. M. Adams & Co
Barret, Fitch & Co., Inc.—
1,500
Holley, Dayton & Gernon
1.500
Watling, Lerchen & Co
1,500
Weinress & Col.
1,500
Knhn, Loeb Ac Co.—
— 21,750
—
& Co.———————
propose
Loeb & Co.
at the time of delivery of the shares of common stock now offered,
whereunder each of said firms will have the right to purchase from
such selling stockholders 25,00 shares of common stock, or any part
thereof, at $12.50 per share to and including March 31, 1950, and
at $14 per share thereafter to and including March 31, 1953.
The
options are to be granted for considerations of $2,500 to be paid by
each of said firms and for the purpose of retaining the interests of
said firms in tne company.—V. 165, p.' 1187.
grant
options
Glore,
to
&
Forgan
Co.
and
to
Transfer Agents,
Co. of New
First National Bank of Chicago and United
York; Registrars, Harris Trust & Savings
States
Bank,
York.
Chicago, and Chemical Bank & Trust Co., New
CAPITALIZATION
Outstanding
1,000,000 shs.
($1 par)
stock
Common
Creole Petroleum Corp.—January Production Up—
or
reports average Venezuelan crude oil production of
586,715 barrels a day during January. This compared with 529,166
barrels daily in December. Crude oil refined at the company's Caripito
and La Salina refineries came to 57,756 barrels daily in January as
against 51,552 in the previous month.
Twenty-one oil wells were brought into production during January,
including three wildcats. This compared with 24 oil wells in December,
including two wildcats.—V. 164, p. 3412.
*646,250 shs.
Crown
Company also has
2, 1948.
and Predecessor,
(Cory Corp.
including
tGross
$Net
Sales
Profit
Profit
$2,563,487
$1,129,136
$517,835
3 670,720
•1943'
-
1,569,538
1,988,503
3,212,390
760,598
866,524
1,849,585
1944
1945
'
3.9461
'*
'
I"
'
4,856,070
'; 7,686,162
onlv
Including
•iroyalties >paid.
2
months
Net
$368,900
"Profit
$148,935
.
552,800
629,000
702,800
207,798
237,524
1,146,785
tBefore
Fresh'nd-Aire» Company.
.
.
have declared an initial quarterly dividend of
payable June 1, 1947, to holders of record on May 10,
intend to continue to declare quarterly dividends
as
in the opinion of the board such payments are
by business .conditions and by the operations of the company,
17V2C per;share
and
so
warranted
long
BUSINESS—Corporation was incorporated in Delaware
May 29
1946.
ComDany operates two separate divisions, namely the
glass
toffee brewer business
(Cory Division) and the electric air
circulator business
(Fresh'nd-Aire Division).
On June 1, 1946, the
Company acquired all the assets, subject to the liabilities, of the Cory
Division of the Cory Glass Coffee Brewer Co., a limited partnership.'
On Jan
2
1947, the company acquired all of the assets, subject to
the liabilities
of the Fresh'nd-Aire Co., a limited partnership (being
the electric a'ir circulator business which prior to May 25, 1946, was
the Fresh'nd-Aire Division of Cory Glass Coffeee Brewer Co.)
The predecessor* Cory Glass Coffeee Brewer Co., was a limited part¬
nership organized on Dec. 1, 1942, to succeed to the business of the
Olass Coffee Brewer Corp. (111.), which had been formed on April 12.
i
HISTORY
but
which
thereof carried
"v
doing bueiPfss
i,
on
as
was
as a
Fresh'nd-Aire Co.
. ..
Oct
28, 1943, to May 25, 1946, the predecessor also operated
Fresh'nd-Aire Co., which was engaged in the business of manu¬
F„m
Dominican
sold
gcods
64,169,467
8,365,494
7,002,592
•
3,057,970
J.—551,452
—„,
12,701
2,772,604
141,109
Dr127,896
$16,672,551
Interest paid on bank loans
Other expenses, net of other
Profit
S.
S.
before
$11,288,087
and
5,740,540
3,426,073
1,037,826
2,100,288
$9,894,185
$5,761,726
——
—
—
Canadian
income
income—
taxes
profits taxes
excess
473,343
-
taxes
and Canadian
Profit
(net)
after
taxes
on
income
There
have
Pacific
Net profit for
—V. 164,
Mills,
—$9,780,540
——
•
...
'
113,645
Ltd._r
period—
3289.
p.
,
•'
$5,706,189
'
•
55,537
-
-
Mfg. Co. below.
.
;
;
Delaware, Lackawanna & Western RR.—Form of Bond
The New York Stock
Morris
and
Essex
Exchange
Division
on
March 11 directs that deliveries of
collateral trust bonds,
due 2042,
up
to
and
including March 27, 1947, may be made either with temporary bonds or
with permanent bonds; that beginning March 28, 1947, only permanent
bonds shall be a delivery.
.' '•
-■
v
v.
"V-''-" V-'*":-": /
exchanged for permanent bonds at The
National Bank of Jersey City, Trustee, Jersey City, N. J. — V.
(Temporary
First
elected Assistant Secretary
165, p. 1314.
bonds
may
:/•
♦
v
-
1;
and
1
a
;
director
Province
of
Joseph,
St.
Ferrer,
Society of St. Vincent—Partial Redemp.
called
been
for
redemption on Aoril 1, next, $20,000 of
refunding mortgage serial bonds dated Oct. 1, 1943, viz: $12,000
principal amount at 100 and interest, and $8,000 principal amount at
100>/2 and interest. Payment will be made at the Trust Co. of Chicago,
Chicago, 111.
trustee,
Douglas & Lomason Co.—Declares 7%-Cent Dividend
A
regular quarterly
clared
on
March
dividend;of 7%
cents
.per
April
l
share has been de¬
10.
the
stock,
common
payable
Payments last year were as follows: Feb.
initial
an
quarterly
and
cents
extra
an
1G, 100%
Dec. 24,
7l/2 cents; and on
cents.—V. 164, p. 2407.
of
of
to
15
holders
of
record
in stock; Sept. 25,
quarterly cf IV2
a
'
v
"
.
,
Dresser Industries
Inc.—Quarterly Report—H. N. HalIon, President, states:
"
'
^
v,
three
For
fiscal
year)
ended
months
loss
net
a
Jan.
showed
company
to
31,
net
of
(first
1947
quarter
company's
of
earnings after taxes of $728,581, as
for the first
quarter of
the
$516,574
previous year, and net earnings of $1,037,235 for its entire fiscal year
Oct. 31, 1946.
:
^
:
• ••.; ^
"
Sales for the first quarter of 1947 fiscal year, totaling $16,669,845,
.
continued
previous
a
average
sales
for
.
established
rate
1946
of $13,695,797.
toward
the
$54,783,188,
were
Meanwhile
end
of
the
equivalent
backlog has
to
remained
approximately $67,000,000.
at
CAPITAL—The
WORKING
of
business
this
accelerated
Total
year.
quarterly
steady
the
at
emphasizes
connection
the
prospect
need
for
of
a
continuing
adequate
high
working
volume
capital.
In
reports that proxies already received ajre
sufficient to give Approval, at the forthcoming annual meeting of
shareholders on March 17, to a new long-term loan totaling $7,500,000
lor the purpose of retiring short-term loans.
company
INCOME STATEMENT,
3 MONTHS ENDED JAN.
1947
Sales
Net
——
—
Cost of goods sold
Selling,, engineering, general and adm. expenses
Other
profit
12,743,689
2,699,563
8,685,152
' 2,164,993
$1,226,593 :
_.—
income
31
1946
$16,669,845 $10,344,703
—-
54,262
-
*$505,442
90,624
$1,280,855 ■ *$414,818
Other -deductions
—i.—
'•,
40,192
% 47,058
Federal normal tax and surtax ——
' 497,913 "
54,498
Canadian and state income taxes- —• ••
-15,854-- v
Total
income
be
Mr,
.
Adjustment for prior years taxes
profit
Earned per share
Net
(net)
——-
————
—
—
—
.
.V Drl,685
$728,581
:
$0.61
Cr200
*$516,574
Nil
♦Loss.
NOTE—Provision
1947
and
for
depreciation
and
amortization
amounted
to
and $229,553 respectively for the three months ended Jan. 31, '
the three months ended Jan. 31, 1946.—V. 165, p. 335.
C.) Furniture Co.—Stock Offered—The
financing of the company, one of the nation's
leading furniture manufacturers, was undertaken March
12 when a group of 21 underwriters, headed by R. S.
Dickson & Co., Inc., offered 135,000 shares ($2.50 par)
common
stock at $15.50 per share.
Other principal
underwriters include Kirchofer & Arnold, Inc.; Courts
Drexel
(N.
first public
Dayton Rubber Co.—Proposed New Name—
See Dayton Rubber
i
..
Director—
first
$276,019
Minority stockholders' equity in earnings, prin¬
cipally
$2.74
compare^
$49,757
55,008,822
■
—
U.
been
Fathers,
and the Literary
CONSOLIDATED
&
dissolved on Dec^ 13, 1941, and the business
sole proprietorship by Harvey Cory, until the
transfer b5' him to
the predecessor.
The predecessor subsequently,
on
Oct
28
1943, acquired the machinery, equipment, patents, trade
name
and food-will of the air circulator business formerly conducted
fev Robert M. Devore
and Grace Devore, his wife, a co-partnership,
1933
1946
$92,970,744 $76,417,552
of
Operating expenses
Depreciation qnd amortization—
Depletion • —;
:
U.
has
of
' ' 'i
*•
.
Co.—New
Insurance
Buell
E.
refund
tax
of the company.-—V. 160, p. 2645.
Operating
Total
Cost
The directors
1947
if
Warren
$401,977 "
2285.
net
outward
...
Fed.,
Taxes
...
tBefore Federal taxes on income.
-DIVIDEND—Directors
>
of
Fresh'nd-Aire Co.)
1947
of
returns, discounts, allowances,
freight, etc.
$92,346,558 $75,758,529
Other operating income, net exclus. of d,educ-;
tion for
depreciation
272,488
307,325
Dividends from Fibreboard Products, Inc.——
351,698
35i,698
Sales,
CALENDAR YEARS
Gross
Cal.Yrs.—
(& Subs.)—Earnings—
9 Months Ended Jan.*31—
SUMMARY OF EARNINGS FOR
Combined
Zellerbach Corp.
(Including Canadian subsidiaries)
before July
Fire
Federal
1945.—V. 164, p.
v
' r* v
±
,
1845 '•
-.>fV
—$502,526
taxes—:
$3.37
included
1946
in
and
share
ended
The corporation
177,000 shares of common stock now offered here¬
outstanding a $300,000 3% bank loan due
^Including the
on
for
1946
•
.
charges
common
$189,246
compared
"
under.
\
Kuhn,
Cory
Trust
"•Income
3,000
Co
Loewi & Co
Mullaney, Ross & Co
after
per
Dixie
OPTION AGREEMENTS—Certain of the selling stockholders
to
808.
P.
Republic Co.,
California
&
Kalman &
.
8,000
7.000
7,000
Farwell, Chapman & Co.—
5,000
Lester & Co
——5,000
Maynard H. Murch & Co—
5,000
$4,634,576
$1,198,604 $11,754,443
$1,234,389
Balance
—V.
$7,739,520
3,104,943
$1,404,024 $14,219,638
205,420
2,465,194
Courts
10,000
number
profit
With
•
Dallas Rupe & Son—
Stroud & Co. Inc
10,000
Co
&
Inc
Graham, Parsons & Co.
Bacon, Whipple & Co
Bosworth, Sullivan & Co.—
Riter
$1,439,810
Co.,
Central
Weeks
&
Hutton
&
21,750
10,000
Noyes & Co
Hornblower
W.
the
and
No- of shs-
& Co.-
Forgan
Hemphill,
>
underwriters
the
of
names
be purchased by each are as follows:
:£■ -'C
Glore,
adjustments
General
UNDERWRITERS—The
$6,998,502
—;
expenses
Calendar Years—
*Net
Earned
Appliance,
heating
spot
Corp.—Earnings—
i'f!
&
Co.; Moore, Leonard & Lynch, and Amott, Baker &
The stock was offered on behalf of certain stock¬
Co.
and none of the proceeds
to the company.
;■
holders,
accrue
1927
to
from the sale will
.
ORGANIZATION—Company
was
incorporated
acquire the business, property
•flfc.Delaw^e-
D«»».
39,
and assets of Drexel Furniture
THfe
1454
'
COMMERCIAL S FINANCIAL CHRONICLE
Mondaw^
'
'
'
.
Co.
•
..
v
.
,
'
•
.
l
■
-•
organized on Nov. 10, 1903 and which
was
engaged in the manufacture and sale of bedroom and dining
room furniture."
Company acquired such business, property and assets
(N.
which
C.),
had
heen
31, 1927 and tile North Carolina corporation
dissolved. : \f' v-V'# '.itft'Vfyty.,4$??££#
Dec.
on
Eaton
^
The
able
thereupon
was
*;f;$
,^4
:
i
which
Building
is
25,
wholly
Corp. sold
its property
to
declared
dividend
a
stockholders
of
of
record
2Q" cents
March
Dividend
Fall River Gas Work$
pay¬
Period
60th
Operating,
per
quarterly disbursement since the organization of the Fund.
last year were as follows: March 25, June 25 and Sept.
each; and Dec. 24, 24 cents, plus an additional 30 cents
/ >
u
,
„
.
*
r,
%
#
i
The
able
trustees
have
March 25
to
declared
dividend
a
stockholders
of
of .record
10.cents
CAPITALIZATION.
,
1
.
■;Balance
Retiie.
62nd
quarterly* distribution since organization of the -Fynd.
Payments last year were as follows: March 25/ June 25 and Sept. 25,
ID cents" each; and t)ec. 24, 15 cents, plus an additional. 50 cents
stock
Common
UNDERWRITERS—The
of shares
to
be
1956—_
i-/-/
of
names
p
latter
payable
681.
p.
'
Ebasco
in
cash
in
or
stock,
holder's option).—V.
"V * '<
at
.
$163,700
800,000 shs.
*
//
operating
American
Power
former
the
underwriters, ,and the number
respectively, are as follows: •
,
'<
purchased by them,
companies
-p;
454,880 Shs.
-
Services
Light
Power
'
sponding week during
Shares
R. S. Dickson & Co.,
G.
.
Crawford
H.
Courts
&
1946 were
v
C. Ewing & Co
Securities Corp.—-—
2,000
2,000
Inc._
7,500
Allen
7,500
First
5,000
Interstate
&
Securities
•"
Amott, Baker & Co., Inc.
4,000
Johnson; Lane,; Space &
7/
Co., Inc.
—„—
Jackson
*
4,000
Frank S. Smith & Co., Inc.
Lynch.I
Smiths..
G.
•Alester
&
Furman
5,000
Co.—
3,000
3,000
Inc..
McDaniel Lewis & Co.__
2,500
Vivian M. Manning-—
2,500
2,000
Investment
Southern
McCarley & C
Atwill
&
Co
;
2,000
Inc.
J.
& Co
Wheat
C.
—-
194^
goods sold--
Bad
admin,
debts
and
and
.$6,695,806
$7,124,316
4,483,173
•5,471.572
788,905
790,733
Deprec.,
.
Cr3,090
Other Income
$1,426,818
17,693
——.—
13,794
—
Net
.
12,322
....
income"
income
—_i—
income
on
21,641
profit
—V. 165, p.
1188.
^
V.
'
T:''
65,667
for
150,000
shares
of
common
"Stock
&
94,322
107,049
depl.
than
Ge-arhart
$327,897
84,693
$390,672
$308,263
$4,108,516
Dr7,826
.4,183
$382,845
3,677
-
income
and labor
sales program
connection therewith.
in
-
,
:
>
'
;
Bank
the'
&
Trust
common
-
Net
after charges
Federal taxes
-
..
\ t
•
1946
*
»-
Net Income
—l.
-
-
$661,084
.*,454,653
$727,186
——————
Earned per common share
—VM165,-p. 681,
:^vl945
.
$1,166,685
439,499
—
Sneck, Secretary and Comptroller;
Secretary and Assistant Treasurer.
Samuel Tv Gilbert.
Victor W. "Klein was : elected
,
President, etc.—
and
Mr.
a
new
$4,093,769
987 853
$196,318
$2,833,846
$2,243,673
25.625
8,631
$268,977
.
185,066
.
$187,686
Total
'
*
•
deferred
-
Galveston-IIouston
103,579;-.
,'
$2,648,779
r.
$2,140,094
SHEET, DEC. 31
.
.
,1946
,
revenues *
Total consolidated
income—
Net income
''
Notes:
-
2,994,798
4,643,840
2,178,481
1,816,457
$4,245,661
' 1,108,729
oper.
General
Co.
expense-
1947—12 Mos.—1946
$
13,014,554
8,050,277
6,903,684
33,908
546,152
666,853
taxes)
188,810
"187,818
1,974,885
1,861,561
Net operating rev.—
233,955
245,961
2,443,237
31,508
31,747
393,386
1966
•
*'
L_
2,572,212
47,121
Gross
265.464
reserve
accru.
"277,709
60,308
.
$14,879
income
Interest
&
amortization
205,156
31,188
deductions*——
240
35,470
-1,770
173,727
% 410,000;
1,154,261
Balance
Pfd,
:
■
—
diy. deductions: B. V...G..& E, Co
on
debt
for
in
amortiz
aid
of
433,184
25,542
17,698
T,662,559
77,652
—
1,569,155
■
i
v
77,652
Balance
1,584,907
Applicable to E. U.
22,756
Gross
—
13,196
,7,554,465
construction-!——•
"
9,563,375
Non-subsidiary
income
.
6,815,568
.v..,—
•
•
.
/
-
v
-■
- Total /1L1
Expenses, taxes and interest—
1,562,151
251,732
—'
1,468,793
"
224,622
1,813,883
1,693,416
158,247
165,935
—
Balance available for dividends and
surplus.*
—V. 165, p. 937. ••• •
directors
declared
have
Eastman
Kodak
The
-
1,535,168
Co.?
Rochester,
N.
■
on
March
14
distributed
Y.—Bonus
*"'
,■
company
a
wage
dividend
.
of
.
C
*:
approxi¬
established
ceeds
the
plan
in
wage-dividend payment since George Eastman
The sum paid over the 3V& decades ex¬
165, p. 1314.
" |
" /V i
1912.
$75,000,OOOy^frr—V.
^.-21,461*
—*-
dividend
a
Trust
Co.,
York,
New
of
75
cents
share
per
on
17.
.
30,
of
this
N.
Y„
stock,
changeable for
common
-
stock
pursuant
one
of
-
share
which
to
of
American
each
share, of
preferred
$2
General
$3
convertible
and
a
said -stock
is
a
on
have
the
''
-
v
•
-w*.*
authorized
the year
general
and
Sales of
new
Co.,
all
This
165, p. 937.
Period Ended Jam 31—
April
on
I, ,! 1947
.
-r
.
,
y
>
»
.
w
k
'/■.
V
■
Corp.—Preferred
/ "
;
•
'
special meeting heid
a
Sinking
?
4
March
5
t
c
,
,
Fund
,
on
.
approved
sinking fund
'
am
pro-
<
>
See V. 165, p. 809.
of
Coupon
No.
6
from
said
bonds
50 Church St.;1 New York,
company,
so
.
tliaii' $1,000,000 in both January and February marked
highs
unit
the
for
manufactures
$856,953
$58,410
iv
1947—9 Mos.—1946
$2,595,678
113,654
45,800
■$67,85-1 >
;
240,522
>;
of this business.
of the world
.
$146,397
-
3413.
j;
loss"
carry-backs,
'
*
:
division,-Joe W.
machines
on
Coff-
March
which
We now fill orders from paper makers in
for chemicals used in
10i vi i :
repro¬
including
realized and
'•'•■•
1 1947
164, p.
Total
\ Total
expenses
,
.
:
unrealized
;
gains
losses
or
;
,r,r".
,
87,900
.
.
-^$127,545
income
Net
Dividends
•»!'*-*«
capital
*
V
1946 »■
*$337,420 5" t$469,077
tProfit.—V/165, p. 72.'r> »;1: v
,
'
;
V
in
■
,
...
i'"-
—,
gains.
$73,037
in
/.-
■
$42,013;
bonds, $3,282;
1946
and
$113,397
in
1945
$100,292
*99,047
paid
from
-
BALANCE
ASSETS—Securities owned
bank,
,
securities,
:
*
L
1946
S/ i 1945
$154,096
$119,030
18,896
18,738
——J.—$135,200 J
paid
—^ * 127,464 r;
including
.
Previously
on
income
.
parts
3291.
capital expenses)*.;;
or
Calendar Years—
many
coating sensitized paper.
General Investors Trust—Income Account-
215,445
-
Farnsworth Television & Radio Corp.—Earnings—
9 Months Ended Jan. 31—
and
but drawings, engineering plans, tracings and
conventional washing, drying or fixing"
i
1
this business went to Europe."—V.
$2,378,664
.
94,125
,
Ozalid
paper
many new uses for Ozalid and are continuing to do»
particularly in offices and retail businesses.. In addition' to dbmes- :
the plant at Johnson City, N. Y., is now the world center
i-L
.37,400/
corporation's
sensitized
tic business,
(Not
v
in Oialid Unit
.
Earnings—
1947—3 Mos.—1946
Film Corp.—Sales
have developed
1946 of interest at the rate of 4J/2'%
income series A bonds due 2015,
95,810
.
pxofit
.♦After estimated
T...
the company's charter eliminating the
more
time
♦Not
Net
mer-
'The unprecedented increase in sales is due largely ; to the broadening of the base of the company's business,"; Mr.-Coffmam said, j" "W&
from
mortgage
$835,991
Net profit before taxes
Prov. for Fed. taxes.*
p.
of
duce not only printings,
.
payment
surrender
Sales
164,
'
m&iv Vice-President In charge of this division, announced
^
/
the Metropolitan Life Insurance
in coupon form at the office of the
-V.
$6,627,479
sales
Break Records—
Y., and payment of interest at the same rate with respect to reg¬
istered bonds without coupons on April
1, 1947 to the registered owners
thereof at the close-of business on March
24,^ 1947.—V. ? 165, p. 1189.
Net
the
'
visions for preferred stock retirement.
N.
;?/
1946>»
1947
■
$9,185,578
-
at
General Aniline &
-director of
available net income for
presentation
R. Gamble,
Inc.^F|ebruary ^ales U^: 38.61%-
Container
amendment to
RR.—interest Payment—
annum
*>
...
photographs without
upon
' 'f'i'i
Inc;—Buys Six Theatres-
—
*
•per
$404,103
:
sales
The stockholders
ex¬
plus 1% shares of
scheduled1 to expire
stock
Corp.,--was
director of the latter firm.
directors
$730,000
.
15, 1947.
trustee of,Stevens Institute,—'V.
Erie
$21,217
■;
J Dropped—
formerly Chairman of the board of Todd fy Brown,
Inc., engineering firm, and who-recently withdrew as & partner of j. H.
Whitney & Co., to become associated with The Equity Corp., has been
Mr. .Todd is also
54,272
The sum of $782,813 was paid to 1,948 employees in a
profit-sharing;
stock bonus trust program of the corporation.
This contribution, whicjb
New Director-
a
.I
cash.
Gay lord
,
Webster B. Todd;
elected
$458,37S
42,384
is-dependent upon company profits, ;.is ..paid- to all eligible employees
who have completed four or more ygara ol/service with any. division
of the organization. This plan was initiated in 1942.—V.
165, p. 1315.
been
has
to the-holders of Its
corporation
$10,241
—
'
tion to the Christmas bonus
.
(The) Equity Corp.—Exchange Offer Expires March 15
offer
2,811
P
W. Skognio, President, on March' 8 announced 1946 awards to
employees* of; that organization; totaling ; $1,56$,395, a new company
.payments.
»'
More than 900 employees shared the 1946 bonus of
$785,582. This
is a payment to home office employees, store personnel and field
staff above regular salaries and, commissions, and. is.paid in
addl-
•
appointed cotransfer agent for the capital stock, $15 par value.—V. 165, p. 1315.
Tho
/.
$772,386
.
.
Bankers
5,594
i
,
to
mately $8,100,000 to about 48,800 employees in the western
hemisphere.
The sum and the number of participats exceed
any preceding year.They compare with $7,362,000 paid to 42,000 western
hemisphere em¬
ployees a year ago—when the wage dividend included
payments to a
large number of returned war veterans who
participated much as
though they had not been away.
f •
This will mark the 35th
•
$436,915
;-;'19;938
$24,028
record for such
Elgin National Watch Co.—Co-transfer Agent—v
Exchange Buffet Corp
Workers—
669,073
,
$752,447
rff: J,26a-';
$1,568,395 in Awards in 1946—
'
•
common
The
—
v934,70O
:
chandising outlets unified into Gainble-Skogmo, Inc. on Nov. 1, 1946.
The Gamble-Skogmo group includes Gamble Stores, Western Auto
Sup¬
ply (CaliD stores, and outlets of Macleod's Ltd. (Canada), :>
r
8,317
*
$82,203,387 $36,965,059
165, p. 537.
The
1,468,793
EASTERN UTILITIES ASSOCIATES—
Earnings of subsidiaries (as above)--——:
533,753'
•
-NOTE1—February, 1946/sales figure.;consolidates
t
22,709
1,562,151
—*
A.
1,491.503
957 '
$15i836
Month of February—
*
j
Electric Storage Battery Co.—75-Cent Distribution—
2,027,882
415,781
i.
165,994'
;Zr
;
'58,683
-"502,892 n
and depletion— *; 10,364,921
Total
—V.
5
1,143.235
'
,-i-
Earned surplus
»
,
Applicable to minority interest
;
741,600
2,096,039
.
533,923
49.350
Gamble«Skogmo>
;
759,186
y-
.
2,769,482
740,584 ;
178,668
—
$22)759
2,142,004
4,056,965
1,143,384
1,800,000
100,000
y 489,666
—^
V' 165,437
at noon on March
Miscel.
T
2,836,623
61,800
A'41i802
'
.
2,291,684
4.682,466
1,094,538
Lyric in
Indinapolis, Keith-Albee Palace in Akron, Ohio, Paramount in Steuben*
ville, Ohio, and tho Penn in. New Castle, Pa.
-
10,550,060
*
8,900,000
—r
—
—.—.—
preferred
——
5,823
196,798
369,222
98,301
13,750
93,985
Ore., from Monarch Theatres, Inc. for a consideration of $1;They will become a ..part of - Gamble Enterprises,. Inc.*
augmenting the chain now operated In Oregon;
:" : The
theatres purchased
Include the ' Indiana Circle" and
36,000,000
'
323,738
Balance
Betirem't
•
"*
^heatres have been purchased by. Mf; and Mrs. Ted
350,000
-
"
/
'
v" l946^1Z M0Si^-1945
$9,838,811
$9,549,025
;;
$791,982
224,860
165, p. 683.
six
675,000
6,664,013
„—
————
payable
deprec.,
2,445,743
^Non-oper, income—pet-
inc.
p. 1277.
Portland,
$1,479,700
-1,804,782
1
627,167
1,249,883
-
—
j, '
Subs.)
'
438,752
—,-i-
Gamble Enterprises,
.'
"
*
stock, payable March 31 to holders of record March
Payments in 1946 were as follows: March 30, June 29 and Sept.
.50 cents each; ana Dec. 31, a year-end of $1.—V. 162, p, 878.
Subs.)—Earnings-
50.066
''
———
stock—
common
Contributions
$8.38
-
777,051
revenues
Operation
(incl,
preferred stock
Reserves
.
~
(&
$825,420
r
expenses-
taxes
income ■—;
Net
preferred stock, (par v$100>_« '" $7,50Q,Q0tt
premium
$3,136,932
$10.87
"•••!•:'$•-'♦
11,377,842
Maintenance
')
25,967"
:
$4,067,207
:
Month—1946
1947
$•
Taxes
•*
accrued
The
Eastern Utilities Associates (&
*
J
Interest accrued
the
Operating
'*
payable to banks
Taxes
1314.
Period End. Jan. 31-
.
"
preferred stock (par $100)—V
stock,
$100)/—■
stock ($3 par)—
1———— - -2,119,536
Unamortized
*
;
'
' cumulative
Accounts
1940"
prlof pref. stock - 1,108,729
Balance before state taxes on income
per share of 6% preferred stock
»"'*5
s
—$82,203,387 $36,965,059
1st mortgage pipeline bonds 3% series due
1st mortage bonds, 3% series due 1957
•
r
•
$5,175,936
—
Earned
165, p.
165, p. 1314.
2,513,557
—
Dividend requirem'ts on 4Va%
—V.
the t
*
4,255,114
.
the
162,170
•:
ulative
cumulative
Common
$13,761,064 $14,062,780
ine. taxes (incl. spec. chgs. in 1945
equal to unusual reducs. in Fed. inc. taxes)—
Depreciation and depletion.;
—'
Interest .and debt. discount
;
7%
on
Prov. for
J
,4.10%
on
1947,
M
maintenance
garage
Other
1945
,
26,429
_4—***—.---
—
LIABILITIES—
Premium
v
subsidiaryi
i946^Mohth^l945
Perio4 End, Pec. 31—
Equipment
'
...
debits————^—378,544
————
Premium
succeeds
Gas & Fuel Associates—Earnings-?*
'
on
throu®h Silberberg & Co., New York.^V. 158,
and
BALANCE
,
2%; notes payable to bank——
Eastern
12 Months Ended Jan. 31—
on
exchanged tot 600 shares ($1 par) /stock of : New Vorker M^gazine lnc.- ,
t.: Price,' $59 a share of. F-R stock or $19,75 a; share of. New. -Yorker
stock. Stock is• to. be sold by E. Melville" Price, Chappaqua, N.
V.,'
$3,627; 197
1 014 789
$294,602
—
Reacquired securities
^
director.—V.
stock
common
The company on March 5 filed A better of notification with" the SEO
for 200 shares (no par) stock of F-R
Publishing Corp. which may be
Z)r50,534
.
82 321
CONSOLIDATED
lite
Schwartz
the
on
.
•
Vice President; Gilmore L.
Robert
Simpson,
Assistant
...
.
made
were
;i946'.!r In the preceding year,* a total
164, p. 3142."
'
•". S
\
FrR Publishing Corp.—Files with SEC—
,
—V.
W. Gilbert,
,-
'■
Interest on the note, amounting
Sept. 30, last, is subordinate to the payment of $916,46lv
in dividend arreages on the preferred stock of South
Bay.—V. 165,.p. -72. ;
to $209,425
273.639
^14,74,6.-.
,
'V'
1
for disSolution:"and'r Iiquidai)
Similar; ac,tion' was * taken.- on. Dec. • 4, last,*: on
ordinarily paid on or about Dec. 26.
1
* (
—
"$0.34
-
Julius
stock,-, class B.
\
:x^\.
—
$206,431
1-'
$1.21"
Alfred E. Wemmer, has been elected Chairman of the board; Norman
Bchwarta, President- and General Manager; Stanley H. Bootes,vVicePresident and Treasurer;
.■
Federal Water & Gas Corp.^To Sell Note—
$3,677,731
$312,446
taxes-
Total
:
.-...v.-:-p.; -'vV.;
been. appointed
subsidiary. the New York- Water Service^Corp.,
,
D. W. G. Cigar Corp.—New
has
commoa
—
Drewrys LinUted U. S. A. Inc.- -Earnmgs-
York
company.
—-.
12 Months Ended Dec. 31—
New
Co,,
stock, class A, and
Plant, properties, pipelines and equipment—$34,138;371 $33,025,042 i Fed. normal and surtax
Total, California project—————,.—.*,
■
42^36,373"
—Fed. excess; profits tax
Investment and fund accounts———'
;——v 1,265,626
1,278,125
Depreciation.'1
Cash
—4—r-U-—;
2,257,172 f832,497
Special deposits i.——'4' 1
?. Operating income
j
,31,985
26,659'
Notes receivable——.
i
Other income (net/---*
.7,788 ;f:A;;52;59I
Accounts- receivable
1,031;695 *
935,495
Materials and supplies*w<*«iw~JLwl-*kV;
./.. Gross
income
575,088
Prepayments
Income deduction^
81,986
* 51,424
and pay for materials
-
Agents; Etc.
$3,951,371
'
84,565
deducts—
income)
&
used to finance manufacture and
Co.—Transfer
'.The company has been permitted by the SEC to sell for
$1,000 to Its
a note Jn:, the unpalcl y- '.
505,334
1,367,634 ,/princip^s amount of $227^60 issuedrbY.the iatter'a^
$4,193,210
19,634
ASSETS—
Products
South Bay Consolidated Water
Co., Inc.
12,159
v..',
.
Electric
Distributions of 25 cents each
March 27, June 27 and Sept;
26;
of $1.25 per share was
paid.—V.
"340,286
$402,831
Balance
Co., Inc., and Zaltan Salkay, New York City and Alfred E. Oldaker,
Valley Stream N. Y. Offering price, $1.75 per share. Proceeds will be-
$150,229
119,126
,.r,
the-
Operating
J
$20,515
City Bank of New York has been, appointed transfer
750,000 shares of common stock, class A, and 580,000 shares,
the dividend
..
.
325,468
revenues—
income
$143,581"-'
•
and ExchangA Commission its application*
•
979,633
33,940:
20,124
income
Net
.v...
$151,712
1,484
2,471
129,053
:
tion of
Fed.
"
:*
$146,052
;T69
1,970,034
520,780
*
■•
vthat* the? company • has \pehding*for1,decision - befOre ;tlib" Securities
' - v
devei. coses—
Total income
with' the SEC
;/76,000
The directors at their,: monthly meeting held on;-March- 5
took he*
action' with regard to- a dividend, on^the common:stock ittvyi^>bf
jthe;
9.4
ah^ com-''.
$230,727
Underwriters
$1).
(par
9,137
2,492,665
-
Industrial Corp., New York—Files with SEC—
The company on March 10* filed: a lettdr of' notification
76,000,
$20,684
!
,.379
^
$8,511i757$8,135,561
220,216
Pfd. stk. div. requirmts.
Drico
$227,7l2
$222,052
.
.Federal Light & Traction Co.—Defers Dividend Action.
16.3
,.1946—12 Mos.—1945
$754,770
•
.$14,183
•"
•
$13,803 'j
registrar-for
STATEMENT
INCOME
45.437
-———
ca
Federal
$371,798
$835,854
class B.;:.
...—
96,755
246,883
oper.
Gross
605,757
,
"
Net
$809,600
——
amort.
Balance.
29,570
18,880
1,053,831
..
(est.)
f
1946—Month—1945
$866,055
•
738,000
deductions-———w
Provision for taxes
$1,444,511
$1,595,536
,v,
systfcM' input's- of
the
CONSOLIDATED
$853,732
Other
Total
—,—
105.892
Co.
include
k
177i795iv 28,922?
in both periods.—y: 165, p. - l3l5.
revenues,.*....
income
8,276
$1,481,742
.profit:
Total
v,
Light
^
other
Taxes,
Expior.
Gross
&
provision for doubt14,253
•r
40,006
,.
.
A; Tne Chemical
%'"«'• VP--*—Increase—
1946
Amount Pet.
1947
206,7171 *'
Co..,*—
i
Period End. Dec. 31—,
»
,
Operating
Operation
1,083,997
exps—
with
r-;\*'r.vPV:'V'-P~
._T-,—
Maintenance
6,231,216
•
general
$187,707
64,345
.
$27,017
6,333
-
6,333
$157,707
w
6,165
National
for
agent
the-corre¬
(in thousands'of kilowatt-
-
do hot
COMPARATIVE
..
,
1944
$8,816,208
of
Selling,
-*
682.
p.
Federal
The
of
V: El Paso Natural Gas Co.—Merger of Subsidiary. ;With
Gulf States Oil Co. Planned—See latter
company below.
r
YEARS ENDED NOV. 30
1946,
Corp.-.,* and
.
2,000
2,000
-
[compared
follows
as
Light
.
'
•
.
-
2,000
Co.,
as
&
" \.'-y
Power
figures
pa nies not appearing
———2,000
——
v
National
Tha' above
Varnedoe, Chisholm & Co.,
STATEMENT OF INCOME,
Cost
.
Former
'
.
Co.,
■
American -Power & Light
2,000
Corp.
Power
Operating Subsidiaries of—
2,000
Inc.—
Co.,
Arnold,
Leonard
Moore
Co.—
Co.——
Kirchofer &
;
and
Burnett
Oscar
,
declared
—V. 165,
-
Shares
>•
.
Inc.— 71,000 7
Electric
Light
hours);
,
■
>• 'p;$20,85i
$20,516
—
income
Net
.Dividends
the System inputs of client
Inc., which are subsidiaries*of
Service
Co.,
&
1947
6,
Ebasco
of
&
National
No. of
No. of
-
11,742
23,090
4,182
:
accruals
In teres t,
•
165,
;
Inc.—Weekly Inputs-
the- week ; ended; March
For
Outstanding
-
$300,000
$16,334
1
*
•
;
—
res.
Gross.. income
chaiges
ity /AcVr •*'/• *>'• ..
^
*'
.
(the
<
-
,
Authorized
*1'
series due
(par $2.50)
82,071
s ■
consecutive
'
debs.,
,'
$1,402,733
$1,293,571'894,374
.775,363 ''
.137,9.24:
.121,530
212,728
208,971 '
,
Net' operP revenues—
:■;Non-operating inc> (net)
4.
15-year 3%
$137,755
;
12,031
21,162 :*
Taxes
■
-
.
share, pay¬
per
$149,656
165,
<•*,
14." This, is the
March
31^ -;
i,—
revenues
QperatiQh4^>tWi^»«)-U ,.100,13Q
■
Eaton & Howard Stock /Fund^-lfr-Cent Distribution—
liquidated. The distributions received by company from this subsidiary .
to date
including approximately $60,500 received afc dividends, have •
exceeded by approximately $76,800 the company's total investment; in;'
this subsidiary, and the completion of its liquidation is not expected
to require any material adjustment in the accounts of the company.
The company is
qualified to carry on business in North Carolina
and South Carolina and its plants are located in Drexel, Marion and
Morganton, N. C. and Kingstree, S. C.
Company sells its products
to retail stores in each of the 48 states and in Canada.
.
®nd.-Jah;
Maintenance
cents
6&1."'
Co.—Earnings— V \
pp/P
i947-»M7nth^l946 •- *^1947--12-M08!^Id4js',"'':-
f
Share,
This 4s the
14.
.
(the lfttter payable in cashojvin stock,;; at holder'soptlonh—V.
P.
of Feb. 28, 1946 and is now being
as
20
have
25,
Payments
has two
company
Howard Balanced Fund—20-Cent
tiustees
Maich
consecutive
subsidiaries: Wallace Nutting Furniture, Inc.
owned, and 150 Bay Street Building Corp.
<N. J ), 53.79%
of the outstanding voting stock of which is owned. *
"Wallace Nutting Furniture, Inc. is presently inactive,
150 Bay Street
The
(Del.)
&
■
dividends
SHEET,' DEC. 31,
at
1946
quoted market, prices, $2,048,081;
receivable," $8,525}
total, $2,101,901.
p:
cash,
accrued interest oa
.u"^'•"'••-.V•'
!
,yolumel65
Numbe£4577
■.; .*
,
THE COMMERCIAL & FINANCIAL CHRONICLE
s ■;
<K»""
r
ah •,
1455
"
'-V * 'f,»-
.
I-!. ;
—
-
J • ■"
•
•;••'•
-
....
s
,
•
■
"
v
LIAgJtniES^Shares of beneficial"•■-interest (par'ji$.l), • • $364,529:.
Capital' surplus, $1,375,327; unrealized appreciation "of sectirltiesowned,
; *331,712; undistributed income, $23,521; due brokeffc for . purchase pi
f securities, $6,030; accrued miscellaneous taxes, $270;' Accrued: expenses,
,*512; total, $2,101,901. The net assets of the Trust at Dee. 31, 1946 ]
J
based
market .values
on
amounted
$2,095,089
to
:v';tiV;J'iiB4?.ip,.^2548,/.i-^;JX1,1'■7 *■&<"'■;>"ir*
*-x
>\C*,
$5,75
or
share.
per
"
■
-
«;•:v'-:vv
•.
'
*
,
I
■*
OUTPUT
FACTORIES
_
17
■V."
158,028
755
77,114
95,666
•April
May
June
;
;
July
August
89,739
119,057
September,
;
230,809
:
'
,'
193,458
33,097
il
Period End. Jan: 31—
2,360,659
2,093,936
Coach .and
1940
of
GM
..
.
.
.
.
.
V.
-
PRODUCTION
Period End. Feb. 28—
Chevrolet-Passenger
/
*
GMC Truck &•
producing for the Armed Services in
Truck
GM
.
Rontiac
——
15,687
20,599
4,075
GMC Truck & Coach—Trucks
6,925
Buick
—
j.Cadillac
Coaches
GM
____________
:__
are
■"
1946
$376,615
debt
1947—12 Mos.—1946
h
26,844,509
"4,859,750
(4,120,070
(4,427,993
1
Dividends
$1,060,450 $10,683,009
3
.
Balance
16
4,788.
281,180
.
—V.
9,717
116,607
116,607
165,
2,699
57,863
197,536
and Ohip-—
Program Almost Complete—
General
-
sheet
raccelerated
i
Buick
*
*
rate
$767,808
$7,173,459
$5,362,194
223,005
223,005
2,676,064
2,676,064
____
$544,803
$4,497,395
$2,686,130
$339,535
-
;
automobile
:■
'
in the building^ which
installed
*,
was
•
.
'
~
V" -40%
over
the
sometime in 1948," he said.
./
disclosed that Buick's huge postwar expansion
an
was
("Our
aircraft plant* operated
Capacity Output of Tires
,
.
'
*
'
•,.
■
is
itself will provide
753,000 additional
feet of manufacturing space," Mr. Curtice said.
"It will give
expanded capacity for stamping hoods, fenders and other
ssheet metal parts." ■
Mr.
Curtice
said Buick's new
manufacturing, facilities, including
:2,500 new machine tools to assure highest quality in manufacturing
(operations, will enable the company to exceed its prewar capacity of
1,800 automobiles daily.
"
"
'
Approximately 11% of Buick's 1947 output of cars for purchasers
California, Washington, Oregon, Idaho, Utah, Nevada and Arizona
be assembled at the General Motors plant in Southgate, Calif.,
Mr. Curtice said.
Southgate assembled 11,494 Buick cars last year.
'•Buick also has assembly plants in operation at Linden, N. J.i and
Kansas City, Mo., and new ones under construction at Boston, Wil¬
mington, Del., and Atlanta, Ga.
i
W. F. Hufstader, Buick general sales manager, said Buick shipped
more
than 40,000,000 pounds of service parts during 1946 and hoped
.to exceed that quantity this year.;
\
i :ln
•will
;
'
directors
The
its,
of
*
"toehali of General Motors, including group insurance and the Employees
Retirement Plan.
This activity is also responsible for the administra¬
tion and payment of social security taxes to the various states and to
I the Federal Government. Mr. Long joined General Motors in May, 1920.
—V. 165, p. 1315.
■
-"fj 'h.
•
v
M.
James
,
'
:
•
;:
NOTE-—'For mechanical
reasons
it
is
possible
to arrange companies in exact
However, they aro always as near
position as possible.
order.
Public
Utilities
31,
director.—V.
a
of
cents
10
1947,.
■-•:
;
Lemon
165,
share
per
holders
to
of
in
not
always
alphabetical
alphabetical
'
•*
C.,
The
Graham-Paige Motors Corp.—New Vice-President—
•479,235 shares ($8 par) common
Rights to subscribe to the
lield by G. P. U. through terms of an
Association.
common
shares
at $9 each
are
Grand Union Co.—Current
Period End. Mar. 1—
The purchase was financed by a bank loan
Marine Midland Trust Co. of New York
the company's
subsidiary
and
byits.
to the company by certain of
securities had a value at the time
additional
of
subscribers
company at
the purpose
the
to
the
stock of the company ad¬
purchase that such purchase was :
is advised that it is*
stock for investment..'
common
time of
of investment.
Company
intention to continue to hold such
present
the
company.
The outstanding
$8,603,689
EARNINGS
Total
SIX
FOR
MONTHS
ENDNED
DEC.
31,
sales
of
Cost
sales—_—_—_
Net
the
per
the preferred stock of the subsidiary. The*
established the terms of such conversion:
preferred stock of the subsidiary should
be converted into securities equivalent In aggregate par value and as
to dividend rate and- amounts payable upon liquidation or redemption.
Sales
A
stock
$3,943,127
12 V2
ended
a
25-cent
P.
1191.
31,
quarterly
basis
President
last,
expenses,
since
said:
after all
received by the company from th»
shares of common stock will amount,
outstanding indebtedness to The Marine Midland Trust Co.
in
such
amount.
in the amount of $1,490,625
of
the
company's
and
businesses
manufacturing
of
steel
other corpore.tons or firms engaged in
products; and, if favorable opportunities
of
$4,618,945
as such
term i*
company's subsidiary is engaged primarily in the manufacture*
and sale of pioducts for use with motor trucks, principally dump truck
bodies and hydraulic hoists, and to a'lesser degree in the manufacture*
of metallic burial vaults.
For the last full pre-war production year
1946.
income
(1941)
and
v.,
aro
The
declared on the common
April,
"Net
charges
tho
presented in the future for the purchase of other businesses the com¬
pany may make such purchases if the funds therefor are available oxcan be secured by borrowing or by the sale of securities.
The company
of
the
net
total
of
was
-V
230,000
does net intend to operate as an investment company
defined in the Investment Company Act of 1940.
cents per share has been
Kuchai,
December
the
of
,.
payable April 4 to holders of record March 21. The stock had
'on
Hyman
the
BUSINESS—Company does not
presently engage directly in anymanufacturing operations and its principal asset consists of the com¬
mon
stock of its subsidiary.
Since its organization the company has*
from
time to
time had
under consideration the acquisition of tho»
1947—2 Mos—1946
$2,250,226
sale
York
New
curred
Dividend—
dividend of
stock,
been
$2,401,527
,
Reduces
that
Such indebtedness was originally in-::
to acquire the outstanding common
subsidiary.
The balance of the net proceeds
from such sources, amounting to approximately $86,920, will be added
to the company's general funds.
of
Stores, Inc.—February Sales—
1947—Month—1946
and
company's
0.78
assets
Period End. Feb. 28
of
company
approximately $827,545. Company will also obtain a bank loan in.
the amount of $650,000 from Bank of the Manhattan Co.
$1,390,625of the net proceeds from the sale of the 230,000 shares of common
stock
and
the bank loan
will be applied to the repayment of th»
1594.
Grayson-Robinson
the
PURPOSE—The net proceeds to be
company acquired 76,702 shares of the common stock
Brewing Co. of Williamspqrt, Pa., for $125,000, at an
of $1.63 per share.
That company has 190,000 shares of
stock outstanding, but has no preferred stock or bonds. Com¬
p.
conversion
principle
to
Flock
164,
the
issuance
109,353
$143,085
profits.—V.
shares
five
cumulative
issued upon
directors of
November,
the
nob
surviving corporation
of
7%
on
1946
V
$1,391,562
share
common
will
company
(aggregating $163,450 par value) on the*
of such preferred stock, series A, for each share*
preferred stock cf the company's subsidiary.
By the merger the company will acquire the assets of its subsidiary
at an
amount represented
by the common stock of the subsidiary
owned by the company and by the shares of preferred stock, series A,
as
159,845
expenses
*
profit
Earned
etc.
taxes
the
(par $100), of the company's subsidiary will be converted into shares,
7%- cumulative preferred stock, series A (par $20), of the company
979,280
administrative,
delivery,
Sales,
Provision for
of
of
':■( x '
.
stock
and 25 shares of such common stock held in the treasury of the
company's subsidiary, constituting in the aggiegate all of the common
of the company's subsidiary, will be canceled and extinguished.
The
1,634y2 outstanding shares of 7%
cumulative preferred stock,
40.2%—
;v
.
.
common
Stock
165; p. 938.
;
of
pany,
$83,397,763 $55,402,090
$6,138,099
shares
be changed or converted by the merger.
The 3,975 shares of common*
stock of the company's subsidiary, which are now owned by the com¬
1947—52 Wks.—1946
1947—5 Wks.—1946
Sales
—V.
Sales Rose
165, p.
1315.
held.
OF SUBSIDIARY—An agreement of merger dated Feb. 25,
has been entered into between the company and the company's
subsidiary, under which the company's subsidiary is to be merged into
of
19.4%, over the corresponding week of 1946.—V. 165,
p.
for
basis
The electric output of this company for the week ended March 7,
1947, amounted to 134,629,830 kwh., an increase of 21,824,918 kwh., or
:
theretofore
MERGER
,
non-recurring
Weekly Output Up 19.4%—
The
shares
company
purchased all of the.
Vault Co. (now the company'*
1947,
for the quarter
taxes, including large
about $370,000, equal after all preferred
dividend requirements to about 60 cents a. share on the common."
Figures ai'e not comparable with the previous year, as the company
is changing from a September 30 fiscal year to a calendar year.—V.
reorganization plan
:filed by New England and approved by the Commission last Feb. 11.
alternative
These
original
the
their
appointment of F. L, Hopkinson as Executive Vice-President of
this corporation and of. Graham-Paige International Corp. was
an¬
nounced on March 11 by Joseph W. Frazer, President of the two com¬
panies.
..7
Formerly Vice-President and a member of the board of directors of
Willys-Overland Motors, Inc., Mr. Hopkinson will, in addition to his
responsibilities as chief executive officer of Graham-Paige Motors Corp.,
direct the export sale of the Rototlller farm machine and the complete
line of Frazer agricultural implements now being manufactured by the
Frazer Farm Equipment Corp., a division of Graham-Paige.
Before joining the Willys organization in 1943, Mr. Hopkinson was
associated for 17 years with the General Motors Corp., serving both in
its overseas and domestic divisions.
Previously he was vice-president
of the Acme Motor Truck Co. of Cadillac, Mich.—V. 165, p. 1315.
Corp.—Unsecured Notes—
than
stock of New England Gas & Electric
from
the
Metallic
Galion
for $1,490,625.
amount
five
each
for
organization
The
of
by pledge of the stock of
of additional securities lent
made
The
common
About $4,300,000 will be used, the company said, to buy not more
merged
offered.
pledge of approximately $700,000 and were lent to the company
by such persons without cost to the company. They are to be returned!
to the persons who loaned them when the present financing is com-;
pleted.
■•
pany, with ownership of 76,702 shares of the above-mentioned stock,
plus voting power of 23,918 shares held by
others, has absolute
voting control of the Flock Brewing Co.
The above
operating - statement does not include any part of the
^through the issue and sale of unsecured notes to commercial banks.
Approximately $5,300,000 will be used to reimburse the company's
"treasury for capital contributions of $10,500,000 made by it to its sub¬
sidiaries since June 1, 1946, and to repay a $2,000,000 bank loan.
V
be
now
the
on
record
Washington, D.
& Co.,
subsidiary
securities
.
average
The corporation has asked authority of the SEC to borrow $9,600,000
such
pledge
1190.
p.
the
share
its
after
stock
vised
Flock
General
dividend
a
Johnston, of Johnston,
elected
been
In
i
additional
one
'
of
•is:-
declared
of
It was contem¬
into the company
Gallon Metallic Vault Co.
as
company's
issuance
subsidiary)
(Robert H.) Graupner, Inc., Ilarrisburgr, Pa.—Earnings
He Is in
the Insurance Section of the corporation.
In this activity
is centered the purchase, and administration of insurance covering in
V
have
stock, payable March
March 15,. 19471. £%*£.: ■£.\
common-
"Ralph N. Long has been appointed Assistant Comptroller.
.
March 6 filed
S.
the
that
stockholders.
..
■charge
Orleans—Files*
AND* ORGANIZATION—Company was organized In Dela¬
1946 and its principal asset consists of all of the out- :
10,
Shortly
Gordon Foods, Inc.—10-Cent Dividend—New Director
New Assistant Comptroller Appointed—
;
New
($10
R.
incorporated in 1905
secured
.
|
May
the
of
major contribution toward bringing tire supply into balance with
165, p. 1315.
and
greatly
tis
"a
has
•.square
#
Inc.,
The issue has been oversubscribed.
common
tire demand this year."—V.
designed to increase car building capacity.
model year peak of 378,000 units, is almost com-
in
Co.
The
company
was
organized under the direction of David Van
Alstyne, Jr., Richard C, Noel. Edward L. Elliott, Harral S. Tenney, Jr.,
Harold K. Young, L J. Hindon Hyde and Edward Walsh, all of whom
are
partners in the firm of Van Alsytne, Noel & Co.
150,000 share*
6i common stock were initially Issued at 15c per share, paid in cash.
Of such initial issue an
aggregate of 121,500 shares was subscribed
for by such partners or members of their families and the remaining
28,500 shares were subscribed for by three employees of Van Alstyne,
Noel & Co. and certain other persons who became directors of the*
company. The outstanding common stock of the company was increased*
on Dec. 26,
1946 to 180,000 shares by the issuance to each stockholder
The
be
„
sheet metal plant
new
Authority
131 mutual
the. New York Curb Exchange on March 5
Trading
shares
before
Reported to be the most modern in the industry, the Tuscaloosa plant
completed late in 1946. It represents, Mr. Graham said, an invest¬
by the company of $15,000 per worker, based on employment of
750 persons at capacity production.
He said this plant's output would
,
»plete. The program, comprising 17 new buildings,, provides approximately 2,325,000 additional square feet of floor space for manufac¬
turing, assembly, foundry, forge, shipping and storage operations.
5
of governors of
company on
plated
was
program,
1941
the
1191.
of
standing common stock of Hercules Steel Products Corp. (Ohio), which,
production.
goals until
Curtice
subsidiary
plan and exercise of purchase warrants.—V. 165, p. 1191.
15,000
ware
ment
Curtice reported, and is striving to achieve
over 1946 model year output of 158,728 units.
Buick is geared to produce cars at a mdeh higher rate,
the inadequate supply of materials will prevent our reaching postwar
modernization
owned
for
COMPANY
new $11,000,000 Tuscaloosa,
Ala., plant of the B. Ff Goodrich
"successfully approaching its capacity production of 6,000 tires
and tubes; daily," it was .announced on March . }Q by T. G. Graham,
Vice-President. : ' ;
:
Co.
/'Although
'p-Mr,
■
City Housing
syndicate headed by Dempsey & Co. on March 6 offered
230,000 shares of common stock (par 10c) at $4,375 per
,
,
New Alabama Plant Nears
produced 37,000 1947 model cars during the first seven weeks
production
'
"
which
odt
share.
was
and Tubes— ^
"substantial increase"
;a
wholly
a
York
As
by Waco, during the war.
«of operations this year, Mr.
,
Corp.,
New
Hercules Steel Products Corp. (Del.)—Stock Offered—
mentioned in our issue of March 10 a nationwide
810.
p.
new
been
Buick general manager and Vice-President of
on March
12 said that the shortage of materials,
steel, still is "the major limiting factor" to an
of
;
the
employed for over ten years by the Institu¬
was
a letter of notification with the SECT
par)
common, to be offered at $11 par share.
Hecht & Co.; Howard, Labouisse, Friedrichs &
Co.; D'Antoni & Co. and Kohlmeyer, Newburger & Co., New Orleans.
Proceeds tor working capital.
Equipment has been moved to the new plant from the Jackson, Mich.,
plant of Hayes Industries, Inc., whose airplane wheel and brake division
was purchased by B. F. Goodrich in 1946.
Additional new facilities have
Curtice,
Motors,
board
The
.
•
1947, he
Underwriters,
Goodrich Co.—Opens Brake Plant in Ohio—
factory housing the company's airplane wheel and brake
formally opened in Troy, Ohio, on March 6. It will make
brakes and wheels for all sizes and types of planes—ranging from the
5-pound wheel-and-brake for a one-seater to the 334-pound unit used
on the Army's new B-50.
A
division
Buick*s Huge Post-war Expansion and Modernization
U (especially
„
Sales Manager
with SEC—
(B. F.)
preliminary and subject to change.
"
H.
"
Co.
Harman Corp.—General
Hemisphere
20
,
-
Harlow
Gas
•
•
I*
The
3,611,544
4,892
v
Western
in
$9,054,668
3,568,294
$562,540
pfd. stock
on
interest
listing 518,233 shares of $1 par value voting common
214,467 shares are outstanding, 183,746 are Issuable
against conversion of the 20-year 4% series A convertible debentures,
and
120,020 are issuable against the company's stock purchase in¬
6,472,869
299,660
J____
to
Securities
stock,
3,693,332
799,904
9.717
Net income
••' JL
,
corporation on March 7 announced that it will huiid a new
malleable iron foundry in Danville, 111., and a new grey iron foundry
in Defiance, -Ohio]- Both =of these will be operated byrGeneral Motor*
"Central Foundry Division which now operates foundries in Lockport,
JJ. Y,; Saginaw,-Mich.,-and Danville; III*- "■>
*; - :"V - V *
< *«
t
James H. Smith, General Manager of the Central
Foundry Division,
Aaid that the new Danville plant will be built adjacent to the present
•grey iron foundry.
It will have approximately the same floor space
.as the present plant and will
be operated in conjunction with it. Tho
f Defiance plant will be built on a tract of 265
acres
acquired bjr
>«General Motors last fall.
• t
v
•
'
•
"
*".
]
Actual construction work on both plrfiits will begin as soon as mate¬
rials are available and Mr.
Smith said he hoped
ground could be
broken
by early spring and that the plant at Danville would be
ready lo operate before the end of the year.
•.
1945
authorized
for
;
its
for
% Hathaway Bakeries, Inc.—Stock Authorized for Listing*
2,396,308
2,026,000
296,056
:
,
„■
of 10-year 4Vs%
stock and an Initial
$1,500,000
preferred
savings banks in the State of New York.—V. 165, p.
24,147,996
165,500
734,662
(Cr)________
deductions
Other
} The
'
bonds,
of
$2,500,000
comprise
B. Joyce has resigned as Director of Management, New York
Housing Authority, to accept the appointment as General Sales
tional
426,750 * 5,169,250
'
$853,771
debt
President-
.
Is to-
Louis
City
from
1,957,199
475,000
_______
Paul Kayser,
by
$4,409,803 $53,270,832 $50,624,923
205,500
longerm
owned
company
mortgage
Manager of this corporation.
Prior to his association with
taxes..j
inconA,
on
on
,
first
(William H.)
Amortization of premium
9,726
--
^o Build New Foundries in in
Ij
Inter,
3
8,638
3'/4%
Gas Co.
centive
11,404
.
158,028
NOTE—February, 1947, figures
1947
$392,786
1947—Month—1946
'
>'
is
615
2,244
;
Total
•
:
—J.
'
5,813
Truck
income
37,196
——
330
Canada—Passenger-
of
Federal
31,439
28,326
——
stock
common
"
12,531,998
adjustments
Gross
89,131
59,917
17,282
Oldsmobile
Natural
-
1947—2 Mos.--1946
3
47,977
37,096
..
__
191
=>$1,100
-
$4,800,932
.
taxes.
DIVISIONS
1947—Month--1946
.
__
___
BY
■
__^
•
General
1941.
and
)
revenue
tion
trucks which Chevrolet,
Canada, were
States
'Both series of debt are to be sold at par to life insurance companies'
and the debentures are to be convertible into stock at $10 a
share,
subject to adjustments of the conversion rate In certain events.
Two-Thirds of the stock, or 566,610 shares is to be issued to common
stockholders of
Gulf
States
Oil
Co., and the balance to El Paso.
=>$909
Georgia Power Co.—Earnings—
^
1,186,057
are
Gulf
15-year
—Jan. 1 to Feb. 28—
1946
$187,230
.o^:. ];\..v
•-
Total
totals
the
debentures, $204,900
issue of 850,000 common shares,.
.
Operating expenses —_
Provision for depr'ec...].
Amort, of plant acquisi¬
these
as
':
- ■
$187,700
.
1315.
p.
.-.v;-.-. ;r
232,729"
.
.
Western Gas Co.
known
El Paso, and his associates.
Capitalization .of the proposed
of
1,245
•;
=>$12,734
;
1947
.
.
165,
Gross
in
1,541
211
Operating revepues
—V.
229;090
^-Included
2,046
=>$2,154
=>$12,523
*
229,843
i
:
=>$14,064
Week End. Feb. 28
182,195
119,596
:■
of
9,166
•
to be
.
$9,058
2,132
to interest
'131,202
109,555
172,030
174,181
*T 3"077
11,243
—.
income.
from
: 174,489
—
;
i
Co.—Proposed Merger—
and Gulf States Oil Co. Into a new
Western Natural Gas Co. is to be voted on
by stockholders of El Paso Natural Gas Co. on March 25.
El Paso owns all the Western Gas stock outstanding.
The majority
of
">$689
States Oil
merger of
company
>v
_—l—_
income
Pecember
'November
3,590
3,299
Act of 1938
Period—".. •'
-
'October
6,323
Gulf
The
"Deficit,v;.'
'.
173,732
95,145
>
y
137,807-
___
5,374
(net Dr)
Surplus applicable
199,249
203,391
<29,838
—
______
•v
252,084
.
$21,099
6,228
operating income.
income—
railway
Deductions
193,412'
145,199
___
-'•
242,986
'
$15,161
operations.——
income.:
(net ,Dr).___
Non-operating
192,736.180,310
:
the com¬
_____
convertible
Net
«1940
255,849
262,628
___
Stores, Ltd.,
1946
^ 1947
>
.
operalion_______.__
>•
,
-
247,449
234,212
"V 3
"These figures include those of Metropolitan
pany's Canadian subsidiary.—V. 165, p. 938.
168,285
operating
Equipment rents
Joint facility rents
.
Decrease
$274,957
4
In
1946
■
$1W,384
'
__
Unemployment Insurance
X-v Xxy-XX
<v/.: Railway
$5,443,811
213 '
February—
________
Stores
189,925
Federal Railroad Taxing Act 1937—_—
s
AND
S.
•>
->1941
123,152
_
1947
$205,086
$5,168,854
i ;
v
209
Sales
'
IN U.
!
V
1946
1947
January
February
<J\4arch
CORPORATION
BY
CANADIAN
Month—
..
0®. L.) Green Co., Inc.—February Sales Off 5.1%—
Month of
'
——__
railway
from
Net'-revenue
Gross
,MOTOR VEHICLES
1 ».;i-
ACCOUNTS
•
i
\AV.
*';
'
•
trucks.
of
operating revenue
operating expenses—
-.Railway Tax. Accruals—"•'
Regular
The
were
Month
Railway
.v^i^yvVhV
.
.
(Including] Statesboro Northern Ry.)
AND RECEIVERS—COMBINED
January— •].. ■)
:; \ • ■"■'
;;j.,
V Railway-
corporation ion March lo announced that production of pastenger cars and trucks by General Motors in the -United, States and
Canada in February totaled 158,028, 'compared with 123,152 in Janufiry of this.yeiir.
'
"Despite the increase in output this month over January, February
production was still well below the peak postwar production rate set in
December, 1946, when 174,489 cars and trucks were turned out. >Inability to meet the December rate was due primarily to a serious short¬
age of sheet steel. ./
rX ;'a';XXW-- rXtXy y.':'
]•
Of the February production, 111,433 were passenger cars and 46,595
V
V.'£ CXX
'v
r'X
:
M'f <Ge^r*i"iietwi('€o
\
Georgia < &> Florida RR.—Earnings—
'
net
sales
of
dump
truck bodies and hoists amounted
comparable percentages are 75.1% and 20%.
The manufacture of thesSvtwo
widely differing
.
to 73%
sales while net salts of burial vaults amounted to 24.8%»
sales.
For the li months ended Nov. 30, 1946, thei
total net
program
lines
represents
adopted for the purpose of paaintaining continuous
a.
operation*
V.'.T-
y,-7.
Vjm
:y-:
■MM
••
'r' L.
•
'
■,
1
•.
THE COMMERCIAL &
1456
mateiiils
vear
similar
nounced
Four
1947.
GIVING ' EFFECT
notes due serially
to
1947
*7%
agreement
stock
as
such
;
preferred
company's subsidiary.
•
offered
'
-
are
&
Co.
Mead, Miller &
Courts
&
Schaefer & Co.
& Co
Browning & Co.—
12,000
Nelson,
——
Co.—,
&
10,COO
Westheimer
8,000
&
Co
First Securities Co. of Chi¬
4,000
Louis H.
4,000
Lunt
$436,506
—
-
165,
2,000
Whitehead Co
Sales 4.2% Higher-
938.
p.
1947—10 Mos.—1946
1947—Month—1946
Period End. Feb. 28—
\
Ball & Bearing Co.-
Hoover
Calendar Years—
Net
profit
company
Earnings, Etc.—
per
—V.
p.
164,
.1945
$4,958,010
$4,278,585
415,749
-~r—.
Earnings
'
,
217,45£j
$2.98
saies
Net
;
$1.56
—T;
—
'
share
1329.
the
$1,419,815
Earnings avail,
It
of
largely
nues
requirements
by
66,866
160,626
interest, etc.
restricted
were
of
by
a
labor union contract,
fact
the
that
ceilings throughout the period and
under ceilings until late in October.
Average
89.69%
$1,544,810
explained that the decrease was due principally to an in¬
approximately $100,000 in total payroll, which was occasioned
was
crease
for bond and deb.
and
while gross reve¬
were subject to
bar prices were
funded
L-ght &
(exclusive
of ampUttts: held in the
cornoration's
treasury)
was
$2,641,840 at the end of 1946 against
$2,776,920 at the beginning of the year, a decrease of $135,080 during
the year.—V. 162, p. 1866.
V Houston
Lighting
Co.—Plans to
Power
&
Split-Up
Common Stock and Raise $9,700,000 for Expansion Pro¬
gram—S. R. Bertron, President, in a notice to the com¬
mon stockholders, on March 6 said:
the directors tentatively approved a program for
securing new capital for the general corporate purposes of the company.
March
On
The
5,
territory of
In the
population
the
and
company
the
number
Of
new enterprises requiring electric esergy
are constantly and rapidly
growing. The company through the installation of additional generating
units and additions to its general distribution facilities and plant has
been
able
to
keep up with this demand. The company is presently
additional generating unit and has ordered two units
equipment for a new generating station. In addition further
lines and the necessary substations and equipment must
installing
an
other
and
distribution,
be
to
"Cor-Ten."—V.
issued
in
1944
$6
preferred
stock,
deemed
advisable
to
and
additional
working
exchange
both
raise
capital
part of
which
of
at
for
this
have
time
through
its
preferred stock
been retired. It is
approximately $9,700,000 of
issue of common stock. The
the
company's present authorized common stock consists of 600,000 shares
of no
ing
value, of which
par
program
into. 1 JD35.998
of
holder
on
are
outstanding.
common
stock
for
each
share
of such stock
2,000,000
owned
then
be
given
to
the
right to subscribe for one additional share of common stock for each
four shares of such stock held by him at such price as the board of
directors may determine. On this basis there would be offered to the
holders of the common stock the right to subscribe for a tot&i of
258 999 shares, no rights to subscribe for fractional shares being given.
tslfc is proposed to . submit this plan to the stockhpders at the
rieeting
to
be held on
April
change in conditions at that
16,
1947.
time,
If the
spare.
holders
with
stock
at
entire 258,999 shares
this
offering
price,
the
there
If
it is
paid by the common stockholders for the
are
has
been
proposed that the price to be
new stock will be $37.50 per
taken by the common stock¬
proceeds
will
furnish
may
sell the unsubscribed stock
price as it may at the time deem
The
directors
in such
comcany ;
part of the
manner
board
and
at
of
such
Harvester
the
in
first
company's
the
Power
Co.—Operations
quarter
the
of
plants.
new
Division
at
the
recent
likewise
per
death
of
annually and
share
common
of
the
outstanding
company,
upon the balance sheet on that date,
with
to market prices, was $28.07. This compares
Jan.
31,
1947,
and
$32.62
Feb.
on
1946.—V.
28,
165,
*
1947—4Wks.-rl946
1947—8 Wksl—194®
$8,978,005
$5,505,337 $17,615,823 $11,044,962
939.
p.
&
Johnson, New
Distribution—
Stock
Brunswick,
J.—Plans
N.
stockholders at their annual meeting to be held
on
April 8 will
asked to approve a
proposal to increase the authorized common stock
the declaration of a 100% stock
dividend.—V. 165, p. 211.
Kansas
The
of
City
New
York
Southern
Stock
Ry.—Form
Exchange
March
on
of
4
Bond—
directed
that
deliveries
first
mortgage 30-year 4% bonds, series A, due 1975,
up.to and
including March 20, 1947, may be made either with
temporary bonds
or
with
permanent
bonds;
that
beginning March 21,
1947,
only
permanent bonds shall be a delivery.—V.
165, p. 1193.
r
>
r
)
,
Koppers Co., Inc.—Form of Certificate—
The New
of
York
cumulative
1947,
may
Stock
Exchange
March
on
11
directed
that
deliveries
preferred stock, 4% series, up to and
including March
be made either with temporary certificates or with
permanent certificates; that beginning March
28,
certificates shall be a delivery.—V.
165, p. 686.
High
the
for
(S. S.)
first
1947, only permanent-
Kresge Co.—February Sales Increased 4.6%—
Period End. Feb. 28—
1947—Month—1946
Sales
fiscal
1947
Normal
Melrose
scheduled
is
during 1947,
the largest the
year
to
production
production
has
Park
the
of
schedules
TD-24
to begin
this
on
the
1947--2 Mos.—1946
$16,394,150 $15,664,856 $32,103,975 $30,039,083
The
in
company
against
in
702
February, 1947 had 696 stores in operation, as
corresponding period of last year.—V. 165, p. 939.
the
(S. H.) Kress & Co.—February Sales Rosa 8.1%—
Period End: Feb. 28—
if8165
In¬
production
new
built,
ever
Works .of
its
increase
1947—Month—1946
1947—2 Mos.—1946
$9,840,143 $21,337,135 $19^58,662
"1317"
during the
tractor
new
quarter.
should
The
Output
improving.
and
still
are
now
Louisville
new
progress
in
preparation
chines.
It
is
Farmall
is
Cub
Cub
at
tractor
scheduled
for
in
the
getting
manufacturing
which
to
hoped,
had
company
where the smaller models
manufactured
now
the
but
is
to
future,
into
has
be
;
trac¬
works.
small
new,
The Farmall
to
by a new medium-size tractor, the Farmall C, in the late
summer.
Louisville Works now has about 1,350 employees;
The new farm implement plant at
Memphis, Tenn., is expected to
be completed and ready for use about midyear.
early
summer,
The
other new farm implement plant at
Stockton, Calif., was taken
by the Farm Implement Division during February and will begin
for the West Coast during
the second quarter of this year.
As rapidly as possible the existing
over
the
production of speeiaized farm machines
farm
machine
production
Huntington Park Works in California
will be transferred to the new Stockton plant.
Some of this transfer
is already under way.
Study is now being made as to further use or
disposal of the Huntington Park plant.
The
company's Brazilian subsidiary, International Harvester Maquinas, S. A., will construct a new sales and service center in Rio de
Janeiro
and
a
at
warehouse
new
for
assembly and storage in Sao Paulo.
The Brazilian subsidiary will invest approximately $1,500,000 in the
two new facilities.
The. investment will be entirely out. of profits
earned
by the subsidiary in Brazil.
January the company introduced
models,
known
The directors
the
its KB line.
at
Feb.
from
stock
common
20,
65
on
■■
line
new
a
,
the first quarter
cents
operations, it
International
motor
of
truck
to
motion
the
in
Brickley, trustee of the System, on March 7 filed
Court at Boston, Mass.. for partial payment of
accruing from Oct. 1, 1946, to April 1, 1947, on
6%
gold debentures.
The
motion
hearing March 21.—V. 165, p. 74.
International
Dividend—
Match
1
sent
as
on
the
has
in
paid
bankruptcy.
to
holders
of
final
Final,
dividend
of
The
the
payment
bv
the
trustees have
will
corporation's
amounted
provides that no
by employees, the company paying all costs.
the
as
normal
retirement
average
Lane Bryant,
Inc.—February Sales Increased 9.8%—
Period End. Feb. 28
Net
1947—Month—1946
sales
$3,135,716
165, p. 939.«.
•
■
Langendorf
1947—2 Mos —1946
$2,855,987
$7 094,068
•
f.
United
Bakeries,
Acquisition—Distributions—
Inc.—Private
manufacturing
Loan-
company has entered into an agreement for the
purchase of
the Barbara Ann
Baking Co. Ltd. (Calif.), operating two baking plants
in
Los Angeles and San
Bernardino, Calif. The company has negor
tiated a new loan with the
Equitable Life Assurance Society of the
United States for $1,250,000 to
provide funds for the purchase of the
Barbara Ann Baking Co.
Langendorf stockholders will be asked to
approve this
loan at
a
special meeting to be held on April 3, 1947.
new company will
provide additional capacity
steadily growing volume of business as the result
of the increase in population
in southern1 California.
This will giv&
Langendorf four plants strategically located in southern California,
The
to
purchase
take
for
distribution
in
run
cents
of
April
Jan.
15
its
products;
$4,000,000
on
shai-e
per
the
the
of
excess
The directors
50
of
of
care
March
holders of
to
15, last.
Ann
company's current sales
■
declared
the class
on
Barbara
annually.
11
record
"A"
regular quarterly
a
and class
March
31.
dividend of
stocks, both payableamounts were paid on
"B"
Like
Last year,
the following distributions were made on the
April 15, eight cents each; July 15 eight
cents, plus 17 cents extra; and Oct. 15, 30 cents.—V. 164, p. 3145.
class
"B"
stock:
Jan.
15
and
Latin American Airways Inc., N. Y.—Files with SEC—
bring
to
Were
$33,889,088
debentures.'
to
over
The company on March ? filed a letter of
notification with
for 21,250 shares ($1
par) common, on behalf of Henry E.
Bronx,
N.
Y.
stockholder.
Offering price, $2.50
There
are
share.
a
Proceeds
underwriters.—V.
no
163,
p.
to
go
$350
a
the SEO
Rohlsen,
the selling-
2008.
Valley
Gas Co.—Seeks to Redeem 6%
ferred Stock and 5% Bonds—
•
This
company,
a
subsidiary of the United Gas
Pre-'
Improvement' 'Col.'
asked permission of the Securities and
lias
Exchange Commission to redeem
preferred stock at $55 a share, and its out¬
standing $300,000 first mortgage 5% bonds. In order to obtain' neces*> f
sary funds for the redemption, the Lebanon
company will receive from
UGI
a
cash
contribution of $349,210.—V.
157, p.
the
Leeds & Lippincott Co.—Tenders
166.
wmu: ;
debenture.—
-
U
<>
-
rvc/t-irj*'-; <<•
Sought—'';J'!," j<
Co., trustee, Camden, N. J., will up to and in¬
1947, receive tenders from any holder or tyojdprs, -of
bonds secured by a mortgage dated Jan. 1, 1937 on propertfeS'inrAtlahtic City, N, J., for the redemption thereof, at a price not} ih exfcests
the face amount thereof, plus accrued interest at the rate of 3Va%,pttr
annum
to the date of redemption, such redemption
date, is April 13,
1947.
The company has paid to the trustee the sum of ,$5,266 for
thpr':
aforementioned purpose.—V. 161, p. 989.
The
cluding
>
v.
Camden
April
Trust
11,
,
Electric
Henry M. Pease, First Vice-Chairman
the
>
"The
(James) Lees-& Sons Co.- -Sales-
tion,
$6,385,911
v.;
,
4
Standard
Payments from
age.
plus Social Security benefits will amount to 20 tor
earnings for the 10 years preceding retirement, with
the larger percentages
going to employees in the lower income groups*
Company officials said.—V. 165, p. 1317.
beginning
International
company
March 5.
directors,
—
$2,142,598
Mailing of the final dividend, it was. said, will conclude one of the
complex and largest bankruptcies ever liquidated in American
courts.. When the companv failed in, 1932, Its books listed assets agigriegating wore than $220,000,000, of which pnly $9,880 was cash. The
eompanv's debentures then were quoted at $1.25 to $25 a $1,000 bond.
V. 162, p. 2016.
sets 65
the
,
March 7 to creditors of this corporation by the Irving Trust Co.
trustee
amount
program
by
3,158 shares of $50 par 6%
Receive
J
and
assigned for
\,t<
Corp.—Creditors
seventh
been
?
r
Checks- cdvering
approved
Kroger„ Co.
Lebanon
interest
convertible
The
the
40%
on.
Federal
of
$531,360
program covering 22,000 employees of this
the annual meeting of the shareholders on
contributions will be made
$1
was
Hydro-Electric System—Interest—
Bartholomew A.
a
at
previously
:'r;...
.
increased the quarterly dividend <rate
per share.
Based on results
the judgment of the board that
earnings of the company this year warrant the higher dividend rate.
There are about 40,000 stockholders.—V. 165, p. 338; V. 164, p. 3292.
of
plan,
making good
finished ma¬
the
for
the
during
of
farm
of
been
production
many
parts
built at that
into production
go
approved
The
is
followed
be
retirement
was
this
Works,
be
are
what
A
outlook
is for larger output of milk coolers
plant for the second quarter and be¬
about 1209 employees at this plant.
; :
chests
to
,
belcw
present
freezer
There
The
is
The
home
Kroger Co.—Retirement Program Approved—
sub¬
crawler
reached
Recoveries
advisable.
propose, without any commitment as to the
with the quarterly dividend to be payable on June
10, 1947, to place the new common stock on an annual dividend basis
ot $2
share. |This will be equivalent to $4 per share on the present
stock v/hich has been receiving $3.60 annually—Ed, 1—V. 164, p. 3414.
.
future,
by
768.
allow
27,
most
the
approximately-$9,700,000 additional capital. If any
is not subscribed by the common stockholders, the
directors
ahhr'ai.
material
no
caused
vacancy
based
adjusted
on
.Johnson
to
plant now has approximately 2,800 employees.
Refrigeration production at Evansville Works, which has been dis¬
appointingly slow because of shortages of materials peculiar to that
type of production, began to improve toward the end of the first
by him
stock
common
1947,
sales
165,
100%
"Cor-Ten"—
Make
The financ¬
such conversion. At vthe same time it is pro¬
$28.80
The
by fall.
This plant's schedule calls for increased produc¬
throughout the year, of power units, Diesel motors and indus¬
converting the outstanding 517,999 shares
shares by the issuance of one:additional share to each
increase the total authorized shares of
shares. Each holder of common stock will
to
28,
owned
Period End. Feb. 22—
2447.
p.
tractors.
contemplates
the effective date of
posed
517,999 shares
161,
tion,
7%
now
been
Jewel Tea Co., Inc.—Current Sales
Up 63.1%—
Re¬
trial
In
has issued no common stock since 1930, except 17,999
in
has
v
)65, p. 811.
company
constructed.
The company
shares
above.—V.
Co.
with
tors
debt outstanding
Pa.,
.
Among
dustrial
1946 was stated to have been
against 88.26% in 1945.
Total
Scranton,
p. 939.
(November
and December, 1946, and January, 1947) were at the highest levels for
any first quarter in the peacetime history of the company.
While procurement of materials continued to be a major problem
all through the quarter, a gradual improvement was noted over any
period since the end oi the war.
First quarter sales were up 57% over the same quarter, one year
ago, but were down 11.5%
over the previous quarter (final quarter,
of the 1946 fiscal year).
There is normally a decline in saies between
these two quarters.
.
Kr
yond.
for the year
occupancy
room
rates
room
restaurant
with
Corp., a United States Steel Corp., sub¬
March 10, announced that Inland Steel Co. has been licensed
"Cor-Ten," the well-known corrosion-resistant, high-
on
Operations
be
Dec. 31, '46 June 30, '46
income
of
this
Carnegie-Illinois Steel
summer.
f
6 Months Ended—
Gross
Inc.—Earnings—
Feb.
securities
Light Corp.—Liquidation Ordered—
stantially
Lexington,
of
company, of International
International Correspondence Schools
of
161, p.
Director—"
Co.—New
engineer
directors
working capital.—V. 164, p. 3144.
as
tractor,
Hotel
dissolution.
ultimate
latter's
frey, President, in reviewing operations
quarter on March 4 said in part:
Kurth
1946
;
.
for
Power
International
has been an¬
from April,
1929 to May,
1937, when h.e was appointed Chairman of the board.
He held this position until Jan.
9, 1941, when he resigned and was
appointed Chairman of the Finance Committee, which office he held
until his retirement. He had been a member of the board of directors
sir.ee December, 1925.—V. 165, p. 1316.
retirement of Wilfred
as
President of the
served
had
He
of
Peacetime Levels—Dividend Increased—John L. McCaf¬
Retires—
Co., New York—Official
and
resignation
3144)
p.
at
as
manufacture
'
Home Insurance
The
nounced.
consulting
boards
The net asset value
;i
($4 par) common stock
at $20 per share on basis of
Co.—Licensed
Steel
manufacture
$6,898,377
$7,451,606
$418,597
-
of
(The) Investment Company of America, Los Angeles,
Calif.—Asset Value Lower—
low-alloy steel developed by Carnegie-Illinois.
The Inland
Steel Co., in turn, has licensed Carnegie-Illinois to manufacture "HiSteel," likewise a prominent corrosion-resistant, high-strength, lowalloy steel developed by Inland.
Prior to 1944, "Cor-Ten" was produced solely by subsidiaries of the
United States Steel Corp.
Since that time, Lukens Steel Co., Republic
Steel Corp., Crucible Steel Co. of America, Colvilles Ltd.
(Glasgow,
Scotland),
United Steel Companies Ltd.
(Sheffield, England), and
nov/
Inland Steel
Co., have been licensed by Carnegie-Illinois to
'$>
Holly Stores, Inc.—February
-
655,072
..
strength,
1316.
p.
Sales
The
sidiary,
to
2,500
2,000
Torrey————
Pierce,
the
will
be
2,500
&
&
member
a
pp. 539 and 338. *
mature on Dec. 1, 1947. The
proceeds are to be used for company's
construction program.—V. 165,
p. 1316, 686.
100,000 shares
164,
prepare
Commonwealth
Inland
Co.,
Inc.
cago
165,
to
order
Inland Power &
2,500
Wayne Hummer & Co.
o.uUO
HamMn
•
163,110
•
——
.
stockholders. (V.
to
in
See
2,500
Inc.—
& Co.,
5,000
Co
&
Johnson & Higgins
Wilson,
—V.
$834,524
3,000
Co
and
Cassell
5,000
Gradison
Prescott
F.
Crowell, Weedon & Co
S. K. Cunningham &
5,000
5.000
George R. Coolsy & Co., Inc.
L. Emerson & Co., Incf
H.
D.
C.
6,000
Blosser__
165,
1%%
1,635,178
$330,253
—V.
3,000
Johnston, Lemon & Co.-I-i_
.
1,415,928
Retail
3,500
3,000
W.
Gibson
C.
Corp.—New
elected
proposal of the company. <subsidiary of bgden Corp.) to issue
sell two collateral
promissory notes of $400,000 each to the Chase
National Bank and Manufacturers Trust Co. of New York
has been ap¬
proved by the SEC. The notes will bear interest of
$14,064,422 $12,849,567
12,318,241
10,379,865
—
maining funds will be used
3,500
Taussig, Day & Co., Inc.—
W.
--
Brothers—.
3,500
Co._
17,500
Herbert
Halsey, Jr. has been
The
stocks
• 1
>
■
25,000
—
Herrlck, Waddell & Co., Inc.
Straus
follows:
F.
Interstate Power Co.—Financing Approved—•
1G.077
new share for each five share held.
51,735 shares were subscribed
by stockholders and the balance of 48,247 shares were sold to the
public and stockholders of Industrial Credit Corp.
Of the proceeds, the company will advance to industrial Credit Corp.;
its' sub-holding company, the sum of $760,000 for payment of a loan
and $708,930 for retirement of Industrial's first and second preferred
Shares
50,000
Alstyne„ Noel & Co.— 35,000
Mason
as
II.
to
Woolworth.—V.
one
the number
underwriters and
Shares
Dcmpsey & Company__
—V.
28,444
•.
for
,
of the
names
of shares to be purchased by each
Cohu
£
Industrial Bancshares Corp.—Stock Subscriptions—
the surviving corporation on the basis of five shares of
stock, series A, for each share of preferred stock of
as
UNDER WRITERS-—The
W.
revenue.:
Company reports that of the
*
Van
1946
S.
$14,094,866 $12,865,644
operating
operating income
Net after charges
•
—V. 165, p. 1192.
"
cumulative preferred stock
(par $100 of company's subsidiary
be converted into shares of such preferred stock, series A, of
Sutrc
C.
>
1947
,
Net
The agreement of merger further provides that upon
date of the merger the 1,634V2 outstanding shares of
the company
the
shs.
7%
effective
7%
shall
<•'
„
share3.
8.172V2
the
8,172 V2 shs.
:i 410,000
establishes an
cumulative preferred stock, series A, consisting initially of
and
•'
^Operating revenues
Operating expenses
Operating taxes
authorizes 200,000 shares
merger,
Telegraph
and
of preferred
initial series of such preferred stock, desig¬
of
William
Correspondence Schools and
of Canada, Ltd. to
fill the
Co.—Earnings—
revenues
Uncollectible
$650,000
shs.
8.172V2 shs.
750,000
shs.
&
International " Text Book
James
elected
1192, 810
165, pp.
t
,
Operating
200,000
stock
nate
t
•
being built.—V.
are
i
Outstanding
$650,000
par)
pfd. stk., series A—
(10c par)—
cum.
*The
from Dec. 31,
1951-.—:
31,
($20
Dec.
s.ock
Preferred
Common
river
Month of January—
PRESENT FINANCING
TO
Authorized
k
the Malad
on
Illinois Bell Telephone
CAPITALISATION
4%
and
and 338.
:V
Admiral
the board of directors.—V.
in January.
'
*
Telephone
new.
Salmon
and
plant
early
Fleet
hydroelectric power plants are under construction in the
Hagerman valley on sites precently owned by the company.
The new
plant at Upper Salmon will be completed in 1947, and plants at Lower
practicable.
the principal office of the company's subsidiary are
located in
the City of Gallon,
Ohio.
Its name was changed from
Gallon Melalub Vault Co. to Hercules Steel Products Corp. in January,
The
International
Director—
This company will invest $30,000,000 in new power
plants, lines and
facilities within the next five years to meet the electrical needs of the
Snake river va ley, C. J. Strike, President and General
Manager, an¬
seasonal.
is
ex.ent
the
to
the
and
each
for
Monday,- March 1J[, 1947!
Idaho Power Co.—Construction Program—
since the two products require similar basic
manufacturing processes and the peak demand
Demand for motor truck products reaches its
peak in the summer months when outdoor contracting work is at its
highest print
and demand for burial vaults rises to a peak in th<*
winter months.
After the merger, the company intends to continue
the business now carried on by its subsidiary and to add new products
throughout
FINANCIAL CHRONICLE
associate
of
and
the
Corp.—Obituarya
director of
International
this
Calendar Years—
corpora-,
Telephone
&
*
;
:U!T
1946
r
sales
Net
/t.Mj'.'ilji-J
\V"
till I
1945
$31,344,492 $22,525,473.:
--v. 165, p. si?..
,
„
..
3:5
.
Telegraph
■
Houston
Oil
Co.
of
Texas—Reduces
Capitalization—
Corp., of which he was also a Vice-President and director,
died on March T at the New
York Hospital at the age of 71 after a
short illnes.. .I1'
Lerner Stores
.
The
reduce
stockholders
the
voted
authorised
tive preferred stock.
at
capital
See V.
the
annual
stock bv
meeting
400,000
165, p. 1192.
held
shares
of
March
6%
ii
to
cumula¬
Mr.
Pease
Te:ephone &
municatlpn
wqs
also
Radio
Vice-President and director of the Federal
Corp. and a ^director of International Telecom-
Laboratories^ Inc.^y.^165^1). T316.
Month of
Sales
—V.
February—
—
165,
Corp.—February Sales Decreased 5.7%—
p.
—
^
1947V
^
$5,505,434
—
•
a
•S&v L;
'
H
mmm
Decrease
$330,541- *
:v41*
v-
.
1946
$5,835,975
:r •
939.
I
■
:
'■■■
....
•'Vi
Volume
Number'"4577
165
THE COMMERCIAL & FINANCIAL CHRONICLE
1457
'
Libbey-Owens-Ford
Glass
Co.- -Transfers
26
Mid-Continent
Subsidiary
to Toledo—
Company reports
- ^
in the passenger load factor.
Quarters and equipment under construction at Toledo will enable
Jraramet to triple its
production and work in close conjuction with the
.
01
research
laboratories
June, he indicated, the
of
Plaskon
will be
move
Division, he said.
Month of January—.■'
production
on
its resins for the
paint, varnish and lacquer trade.
Paramet will
occupy one of the two main plants in the new $5,000,000
now under construction at
Toledo for Plaskon Division.
Paring the transition
production
will
period, Mr. Slater said, Paramet"will confine
Revenue
165,
1071.
p.
miles
Revenue
—V.
16,356
carried
The
old
&
Myers
The preferred
proposal
Into
control
to
further
dollar
two
in
in
of
V.
the
and
of
unit
165,
1947
than
the
period
same
higher
were
balance
last
Net
Mr.
also
1947 for promotion
said
than
the
was
will
company
spend
spent last year.—V.
more
165,
by
in
165, p. 687.
$2,018,000
Paul
/
each
H.
are
Securities
Davis
&
number
sales
^
providing
$3,432,000
$84,^92,427
5,119,143 '
$3.97
.
1943.
Earnings
Sales
per
of
greater
Chairman
orders
ana
hand
on
production
of
the
somewhat
are
months
period
Manager
of
1945,
according to M. Fred
Currently the company's shipping
during the early months of 1946,
board.
than
than
more
the
$0.93
nine
beter
are
through
$417,369
$1.76
company for
for
the
same
than
Cartoun.
schedules
$750,897
share-
common
this
month
ended
sufficient
of
31.
absorb
to
September.
Dec.
The
1946
"The
the company's
demand
for
strument
finer
grades of famous brand watches, according to Mr. Cartoun, is holding
tip surprisingly well and the retail price ranges in which
jewelers are
purchasing the company's products are roughly in the same brackets
as during the past several
years.—V. 165, p. 212
The
it
&
&
Arnold,
totaled 34,026.000 kwh.
responding
week
last
for
company
as
the week
ended
March
8, 1947,
the cor¬
compared with 25.490,000 kwh. for
change
year,
McAJeer
—V.
M.
Hiebee,
163, p.
7
filed
to
common,
Board
Jr.,
of
letter
a
notification
sold
be
Chairman,
market
at
through
licensed
dealers.
—V.
165,
1946
1947
$3,040,124
—
control
shares
without
the
expenses
Other
Prop,
bakelite
in
contained
is
and
par
and
in
Total
unit.
It
Net
The company
300.000
for
In
subscription
ratio
(EST)
2
of
—V.
1
at
21.
St..
163,
of
filed
$1
for
each
Subscriptions
New
York.
notification
with
value.—V.
$1,291,220
722,479
____
taxes
142,376
164,
revabl"
at
will
held.
Rights
Registrar
be
for
used
expire
of 28
March
on
cents
12
declared
share from
a
the
investment
Sales
—V.
$7,028,200
paid
\
165,
and
interest.
Cr69,511
$1,147,017
.266,856
construct.
to
preferred
Payment
will
be made at
the
Balance
Disintegrating
Co.,
Inc.
133,000,000
the
which, represents
will be
the
only
exna->d
m
-riant
to
$1',312,910
1280.
Stock
permission
to
undertake
a
$10,200,000
of
expansion
Missouri Pacific RR.-—To Ask Vote
be
parent
to
Michigan's
finance
its
received
property
from
American
the
sale
and
of
additional
equipment
Co.,
upheld by the Circuit Court of Appeals.
of
the
wish
road
to
thought
as
have it
would
will
on
well
the
as
returned
be
'
,
„
on
to
the ICC
if
the
for
ICC
continue
to
February—7
were
•
.
"
Contracts tor construction of the 1,800-roiIe natural gas pipeline;
.said'to:be,the largest and longest natural-<ms enrriev In the world,
TlT? Fede'-al
Power Commission recently granted authority to construct
the pipeline.
The carrier will bring gas from northern Texas to De¬
troit,. Milwaukee and other industrial centers in Michigan, Wisconsin,
Town and Missouri.- Michigan-Wisconsin and the Austin Field com¬
panies estimated that 250.000 tons of steel will be required to provide
.the large-size pipe and other installations required.
The initial con¬
struction
•of
;Ultimate
.of
cost will be upwards of $52,000,000 and
the project
gas
Jan.
aggregating
have
the
at
$1.25
rate
were
that the board
per
share on the
cents
record
March
165,
$2,200,000
$50)__
-
-
2,200,000
75,000 shs.
77
52,993 shs.
7'i300,000 Shs. W223,228 shs.
EARNINGS,
YEARS END.
1946 ''•■'■'■y ' *945 7
&
than
;
DEC.
31
( •r'u-1944
1,664,327
1,385,073
1,242,358
391,827
1,354,697.
1,128.961
254,068
506,449
1
523,328
571,26/
241,168
501,906
...1
Fed-
655,794
545,830
497,168
taxes-
522,000
278,937
54,978
313,880
tax_
revenues-
from
291,248
68,792
$824,085
$869,935
104,552
->
•
$1,346,517
6,120
$974,487 //
$1,352,637
$984,872
10,385..
,
•••
$894,339
123,038;
109,013
$933,098
$1,017,377
9,770
5,038
$942,868
$1,022,4lS
309,451
287,827
335,120
341,665
$1,043,186
$697,045
$607,748
$680,750
deduct'ns
income—
HISTORY
$1,227,212
119,305
income
income
Net
"f
,
:
incomo-Mnet)——
Total
'
plant
(net)
Gross
Dec.
elec.
AND
BUSINESS—Company
incorporated
was
in Delaware
Company is an operating public utilitv comnanv en¬
chiefly in the generation, purchase, transmission, distributidn
sale of electricity.. It furnishes electric service at retail in 109
13,
1917.
gaged
They
and
communities and
adjacent rural areas
to residential,
commercial,
agricultural, industrial and municipal customers, and at wholesale to
three municipalities
(Bandon, Ore., and Deaver and Powell, Wyo:>,
to
a
private utility for resale in Hudson, Wyo., to five rural elec¬
trification
Increase
the
projects
of
furnished
at
to
company
retail
and
retail service
with
•
'
65
are
electric
one
in
_public
utility
Monmouth, Ore.
service
at
retail
is
district, and a limited
The aggregate population
estimated by officers of
be approximately 240.000.
Of the commnriti»<? served
located in Oregon, 27 in Wyoming, eight in Montana,
,
"
?
'
*7;.
During the 12 months ended Dec./ 31.
1946, approximately 83%
the company's requirements for electric energy was purchased and
approximately 17%
was generated in plants owned and operated by
of
Offered—A
syndicate headed by Union Securities Corp.; Paul H. Davis & Cp., and Johnston, Lemon. &
Co* on March 12 offered i6,000 shares of-5 % cumulative
preferred stock (par $100)>and 85,000 shares of common
stock (par $1). The preferred stock was ^offered at par
and the.common at $7.50 per share.
the
For the five years ended Dec. 31, 1946. ,thece por-x
81% and 19%, respectively.
Of the requirements pur¬
the latter period approximately 56%
was purchased
California
Oregon Power Co.
(at present an affiliate of the
company.
centages
chased
fsom
were
during
which leases and operates the company's Coos Hav
generating plant of 15,000 kilowatts capacity) anff the
st^am-
company
electric
balance
/ from other sources.
.
.
',
i
in Alabama Oct. 30, 1946,
for the purpose of acquiring the business and-certain assets of Moore)
The company also ; develops tlie supply ; of, transmits,, distributes
and sells water for domestic and commercial use and for fire proHandley Hardware Go. (Ala.).; After the acquisition of its business
tection purposes through its water distribution system in seven com¬
by the- company on Nov. 1,' -1946, the old • corporation, changed its
name
to
M-H
munities, five in Oregon and two in Montana, having an estimated
Liquidating Corp.
and
is
now
in/ the process of
7 aggregate population of approximately- 24,000^ Comp^nv also owns
/liquidation. • •
;'7'..7 v:
77K'7i7 .'.v-,*
7'7777
The
old
corporation was engaged in a wholesale hardware: and £ and operates a telephone system through ,which telephone service/is
.' furnished
in eight, communities in .Montana... having
an. estimated
supply business originally established in 1882.
The company is emaggregate population of approximately 27.000; purchases and transmits
ploying
substantially"the same management and personnel and is
natural, gas which it .sells at retail in Thermopolis and Cowley, Wyo.,
continuing the same business as the old corporation, selling general
which have an. estimated aggregate population of approximately 3.300;
.-hardware-, electrical supplies and appliances, mill and mine'supplies
; and
machinery; building supplies and materials, plumbing 'supplies-, 1 and furnishes steam-heating .service in the,business district .of Casper,
COMPANY—Company
was.
'
472,715
;;
291,152
costs
oper.
*
v
274,760
prof.
••
$4,953,826
1,524,650
l.__
exc.
1943
7
$5,988,508 /' $5,502,236
553,452
repairs-
income
Other
it.
OF
res. approp.
other
Net
*$71,205,237 $55,230,760 $15,974,477
77
$7,500,000
1,664,996
amount
1G5» pi 1318.
.(Outstanding
1,
2,031,749
-leased
1318.
1946
July
:
(par
)
oper.
Income
This step, it is
to ballot the
p.
due
31.
STOCK
incorporated
,
•
.
?
.
,
.
.
-
.
•
'
is expected to result in
delivery
daily.
ultimate development
paid
expected
CAPITAL
par)
SUMMARY
refunding
Moore-Handley Hardware Co., Inc., Birmingham, Ala.
,
have been ieh by the company, and Austin Field Pipe Line Co., nperafrrs,to Ford. Bacon & Davis, engineers, it was announced Feb. 27.
(no
Federal
requested
1947
-
1-.-..
Stocks
;
T,80Q-mi!e Gas Pipeline—
AND
eight in Idaho and one in Washington.
'M!i<jhilgan|-Wisconsin Pfpe Line Co.—Lets Contracts for
•
DEBT
$7,178,531
probably wi'l
oppose
liberalization.
their attitude toward it.—V.
'•Corrected figure.—V.
;
share,
per
and
dividends
Special amortiz. of bond
Nevertheless, most bondholders
stockholders,
facilitated
Sales
be
and
reimburse its treasury for previous construction expenditures. Names
of underwriters will be determined through competitive bidding.—V.
'
It is
of 62%
cents
stock
common
to holders of
1956
23,
preferred
stock
Federal
Plangroups
series
income
to
*63, p. 1194.
July
cum.
Taxes,
Montgomery Ward & Co., Inc.—Sales Corrected-Month of
45
1046
1940,
,7.
Prop, retire,
an
application with the Interstate Commerce Commission shortly
asking that a vote of security holders be taken on the plan of reorgani¬
for the system.
It is believed that such a ballot, if taken, would
te overwhelmingly against the currently proposed recapitalization pro¬
gram.
This program was drawn up by the ICC several years ago. It
has been approved by the District Court in charge of the properties and
common
program
dividend
revenues™
zation
capital funds outside
facilities and to meet
Light, & Traction
construction
bonds,
Maintenance
fi*e
The' company on March 7 filed a registration statement with the
BEG. for. 66.060,000 first mortgage bonds. due 1969., Net proceeds, to¬
to
a
payable April 21
Other operation
of
cubic
security holders
used
the
on
of
20,
20,
1940.
Electric power purchased
Michigan Consolidated Gas Co.—Registers with SEC—
shares
declare
20,
Dec.
Sept.
Dividends
annum.
Sept.
3%
Total
266,000,000
Representatives of the road's principal creditors
•
gether.- with' funds to
will
quarterly
per
to
payment
on
with
starting
$880,161
feet to 183,000,000.
The program contemplated
Application is expected to enable a total deliverable
feet daily.
The propossd project calls for
construction of a scries of high-pressure line loops which would provide
two separate continuous pipelines from Perryville Station, La., where
gas from the fields is delivered to the system, to St. Louis.
It also
provides for 11,000 additional horsepower for pumping at Perryville
Station, West Point and Twelve-Mile Station below Fredericktown, Mo.
growing requirements for working capital.
•.)
vy;:./.Vi/
!. The City Bank Farmers Trust Co. has been appointed registrar for
th&,4%
preferred stock.—V. 164, p. 7294
\ •' •• .•' r; •>.?..%?• v-
,
mtge.
5%
present
capacity
Orange Memorial Hosoital, an issue of $1,000,000
4% % cumulative preferred stock (par $100).
money,
prior
stock
;
for
Standard will
notes, payable to banks, 1.98%
$137,500 due semi-ann. Jan. 23, 1949
gas
in
$54,000 of
America, The Equitable Life Insurance Co. of Iowa, and
'
266,856
stock-
-3:
natural
and out-?
the issued
Serial
pipeline from Louisiana to St. Louis was filed Feb. 19
at Washington by the corporation with the Federal Power Commission.
the
of common stack,
month
940.
Application
its
$300,536
syndi¬
12 offered
(no par) at $34.50 per
of
dividend
declared
was
paid
share
per
1940
1975,
Mississippi River Fuel Corp.—Plans $10,200,000 Pipe¬
line Loops to St. Louis—
$478,100
Preferred
—
and
■'7;
First Trust & Savings
p.
in
Common
Increase
to redeem
stock
Previously,
$1.50
1st
quarterly
p.
$316,416
1195.
p.
Authorized
income
165,
720,764
stock of the company.
LONG-TERM
Cr6,323
$1,579,766
chgd.
21,777
674,404
by Standard Gas & Elec¬
56.42 %
PAYMENTS—A
common
375,000
$222,061
Privately—E. W. Clucas & Co. and Cruttenden
& Co. have placed with The Prudential Insurance Co. of
new
375,000
$191,871
Placed
The
31,250
corporation already has received approval of the FPC for a $11,574,000 expansion program, designed to increase the present capacity
Kankakee, trustee, Kankakee, 111.—V. 158,
Metals
31,250
88,049
refunding mortgage serial bonds dated Oct. 1, 1942, viz: $49,000
principal amount at lOOVi and interest, and $5,000 principal amount at
100
bonds
The
the Holy; Heart of Mary has e'ected
165,
stock
owned
constitute
common
declared
this
13,874
.
259,116
Net
136,297
-
$1,862,859
122,499
first
Bank of
1,468
$2,266,870
259,116
of
servants of
747
$280,673
5,769
Mercy Hospital, Urbana, 111.—Partial Redemption-
„
468
$253,922
:—
income
mtge.
and
1947.
of
21,593
940.
p.
$279,926
9,208
$6,550,100
$928,197
company.—V.
1New
The stock
the
$2,265,402 * $1,848,985
841,000
21,593
1946
600,912
$229,825
DIVIDEND
on
been
'
of
utility plant
acquisition adjustm'ts
Stores, Inc.—February Sales Up 7.3%—
'
$1,043,077
165,858
corporation.
Co.
735,000
64,000 !
7
Other interest & deduct.
income, payable April 21
1947
$1,127,117
134,358
Amort,
-V.
February—
$1,663,467
39,341
,
in¬
on
was
20,
862,420*
Co.,
to shareholders of record March 31.
Mercantile
$1,008,872
34,205
common
727,554
*
p.m.
Payments last year were as follows: April 20. 22 cents; July 20. 26
cents; Oct. 21. 25 cents; and Dec. 24. 37 cents, plus a special of 70 cents
payable in cash or in stock, at holder's option.—V. 164, p. 2411.
Month of
57,183
receive all of the proceeds from the sale of these shares
and no portion thereof will be received
by the company.
1947—12 Mos.- -1946
3
consecutive
$1,069,934
$435,024
taxes
standing
capital.
Pay 28-Cent Div.
90th
$1,639,373
24,094
(est.)
common
Int.
Trust—To
$433,623
headed by Blyth & Co., Inc., on March
tric
Transfer
&
working
1,534,461",
140,614 shares of
2549.
p.
84,003
•:
$253,454
revenues
on
•
1,650,147
share.
$1,197,302 $12,389,960 $11, 221,391
611,764 - 7,140,000
6 ,063,537
157,609
1,281,138'
1 ,846,315
77,000
aprdp.
res.
Other income
Interest
'el-
^1944
«1945
$13,597,084 $12,804,124
10,877,003
10,200,791
1,727,852
profit
cate
Change Par—
Co.—Earnings-
95,911
retir;
Gross
Calendar Years
Oct. 31,'46
dirt.—V.
dust or
the SEC
3287.
p.
trustees
dividend
shares
3
Proceeds
Massachusetts Investors
The
of
(par $1). Stock will be offered
to stockholders of record March 29
share
per
letter
a
stock
common
share
new
Apr{l
RecfT
March 7
on
shares
2,000
425,399
income
•Old
is
—i.
for
:
'/•,//'
'V
500
exps._.
deductions
come
•
2,000
1,401
etc.,
for
::
3 000
/
INCOME
OF
$3,797,885 $16,497,448
2,938.863
13,130,223
sold
v
•
•.
500
"
Prov.
V'
'
1,150
Inc
income
Other
,4,000
;
•
500
Operating profit
moisture-proof.
are
compact
a
unaffected by
is
& Light
taxes
Net oper.
Maguire Industries, Inc., N. Y.—Files with SEC—
goods
gen.,
Other
,,77
■;>
in an electronic circuit. This
electronic circuit to operate
1947—Month—1945
revenues
Federal
$66,084
of
•
Mountain States Power Co.—Stock Offered—A
Operating
940.
p.
applicable,
control
degrees
1,000
operates on the principle that when
two oscillator coils,'the state of
causes
easily removed
Operating
Increase
$2,974,040
Cost
;V;. *,500 /ft:
2,000
\
;
'
500
Boyce
Dec. 31,'46
between
molded
are
Mississippi Power
Co.—February Sales Increased 2.2%—
Month of February—
■■
v)
h
1,000
i_
5 000
,
250
500''-
'
Co—--i!
sales
1
9,000
t2 Mo. End. °10 Mo. End.
Net
accurate
to
-.-J.-'
5,000
1,000 -"
750
STATEMENT
\
-
coils
Period End. Jan. 31—
Bales
It is
demand
degrees below zero
relay.
common
&
;
,
5,000
500
1,300
Inc.
,
w
1,500
250;
1,300
Inc
Stubbs, Smith & Lombardo,
Thornton, Mohr & Co
Woolfolk, Huggins & Shober
The company has filed an application with the SEC for permission to
change its outstanding shares of $10 par common into an equal number
of
1431.
McLellan Stores
unit
control
interposed
Electr-O-Vane
behalf of
on
the Electr-O-Vane.
as
100
Minnesota Power & Light Co.—To
the SEC
with
from
stopping oscillation
self-contained,
165, p. 1317.
'
The company on March
for 3.000 shares ($1 par)
15.000
1
Robinson-Humphrey Co
& Company
Sell.,
be made to change or stop
can
oscillator
Brown
Manufacturing Co., Rochester, Mich.—Files
with SEC—
Carlton
The
March 8,
is
vane
or
load
a
an
inerea^e of 33.5%.
Output for the 52
1947, totaled 1,535,753,000 kwh. as compared with
1,377.203,000 kwh, for the previous 52 weeks, an increase of 11.5%.—
V- 165, p. 1317.
weeks ended
ranging
Electr-O-Vane
metal
oscillation
15,000
15,000
Inc.'
Meeks
Common
2,000
2,000
Inc
&
The
,
hundreds of processes which
common
shares
.Y'7;-•;''77-7';',-.*;.7
and
preferred
2,000
Co.,
Mr.
.■
The
Electric output of this
said
results."
wanted
instrument will be known
said, in
temperature
a
Louisville Gas & Electric Co.
(Ky.)—Weekly Output—
of
L
Co.
provide,"
will
obtain
to
above,
.
Outstanding
/
•
Mason-Hagan,
Stein Bros.
Instrument
Erown
was
of
,
_
of
development
FINANCING
16,000 slis.
»500,000 shs.
Corp
Gordon
Morley, "an instrument
which will assure high quality, speedy production and fewer rejects
in industries which rely upon thermometers and pressure gauges for
manufacturing
and
processing.
Some processes heretofore control¬
lable only with electronic potentiometers can now employ the new in¬
were
company s
16,000 sns.
575,000 shs.
v
Marx & Co
1946 as against $8,347,000
' 7' v
7:
for taxes in
Brothers
Kirchofer
3,436,637
,<
$2.48
principles of continuous control have been developed for
the first time in the industrial thermometer and pressure gauge field,
it was announced by L. M. Morley, Vice-President and General Sales
1945
the
PRESENT
TO
follows:
as
Co
Clement A. Evans
Electronic
1946
to
from
(par $100).-
Shropshire
Nine Months Ended Dec. 31—
Net profit, after provision for taxes
required
obtained
Gaines, Brodnax & Brown, Inc
Johnson, Lane, Space and Co.,
1946
v.-1947
$45,940,081
New Development—
Liongines-Wittnauer Watch Co.—Earnings—
preferred stock (par
effect the redemption of
Johnston, Lemon & Co
V
'
of
redempt'on
the
to
Prpf
Preferred
Equitable
Mar. 1,'46
$2,111,000
940.
p.
•After
be
1 to
January
Mar. 2,'47
profit after charges and taxes
1
Earned per share on 1,243,800 common shares
money
funds
will
applied
cumulative
Number of Shares
$983,000
•Net
cigarette product is Chesterfields,
He declared
manufacturing costs will be higher this year than last
Andrews
the
of
stock
UNDERWRITERS—The
Mar. 1,'46
$926,000
Calendar Years—>
The
year.
be
share.
per
Almstedt
the
in
will
•As a result of
capital contributions and the sale of common stock
to certain officers and
employees, Equitable Securlt.es Corp. and Union
Securities Corp. each owns 195,000 shares of common stock (including
directors' qualifying shares).
A total of 25,000 shares was purchased
by the key employees and officers from Equitable and Union at $2,fc\3
Minneapolis-Honeywell Regulator Co.—Earnings—
cigarettes
proceeds
44,009 shares of $3
cumulative pfd. stock
Common stock (par $1)
no
stockholders that Liggett &
to
of
in
had
687).
p.
volume
which
Feb. 1 to
Feb. 2 to
Mar. 2,'47
■___
—V.
,
Shoes, Inc.—Current Sales Declined 5.8%—
Sales
voting
-
and
goods,' household furnishings,
' ' 7/77.77:'"- 71 -•
sporting
5%
,
the
$25,
par
giving
stock
B
common
approved
stock,
thus
$25,
par
10
B
common
principal
cigarette
year.
holders
details
sales
months
company's
that
former
March
on
of
stock,
common
Alldrews, President, reported
®fyers
first
of
shares
Miles
Reclassified—
Co.—Stock
stockholders
common
amount
the
(see
*rJ'
and
change the 2.277,083
l:ke
a
vote
to
Tobacco
of
preferred
purchased
Ligrgctt
net
CAPITALIZATION GIVING EFFECT
15,340
91
27,723
.
/,
540.
p.
4,872,461
63.9%
.
flown,
passengers
165,
$50.
.
384,621
flown-
miles
passenger
entire issue
the
89.78%
6,163,205
4,641,360
75.3%
83
26,308
351,127
91.74%
7,624,179
Passenger
load
factor
Mail, express and freight tons
Mail, express and freight ton miles
to alkyd resins.
A pilot plant is being used until the big
plant is completed later in the year. Storage and service facilities
be maintained in New
York.—V.
resin
flown
cosmetics,
Authorized
1946;
1947
Revenue
completed and the plant in full
group
its
the
Other operating statistics are:
Operating efficiency
Capacity passenger miles
the end
By
and
general merchandise., ' 7
PURPOSE—The
increase of 7.18% as compared with January of 1948.
The net loss
the month of January,
1947 after adjustment for income taxes
from previous period was
$38,291, &$ compared to a net loss, after
income tax adjustments for January of »L946 of $11,149.
The increase
in loss was due mainly to increased operating 'costs and a decrease
.
central
other
for
wi.i
operations of Plaskon Division,
New
notions
Etc.
operating revenue for January, 1947 of $339,712,
an
in
years
L°ng Island City, N. Y., Paramet Corp., a subshortly transfer all production and service activities to
JLo.edo, Ohio, for operation by the Plaskon Division of the
parent com¬
pany
according to an announcement by B. W. Slater, Manager of
Ridiary,
Airlines—Earnings,
an
capacity
When
of
ultimate
the
total investment of $85,000,000.
line will be 325.000,000 cubic feet
a
capacity -Is
reached
there
142,500 horsepower of compressor capacity installed'in
Jng the line.—V. 164. p. 2960.
V
will
be about
stations service
■'
,
•
and
fixtures,- automobile
accessories,
paper
and paper
products,
toys,
-
THE COMMERCIAL & FINANCIAL CHRONICLE
1458
/:
UNDERWRITERS—The
of
shares of
be
to
underwriter
each
of
name
stock
common
the
and
:
v
Blyth & Co., Inc
On
Shares
Camera
Elworthy
&
lister
9,000
Co.____
&
Co
Shuman,
Dick
6,000
_
&
6,000
___
Co.____;.—
& Co.
Agnew
6,000
Merle-Smith.
&
6,000
5,000
.u
Craham, Parsons & Co
5,000
"Pacific Northwest Co.——
5,000
Sutro
5,000
&
First
Co
of Michigan
Hill
Richards
Mitchum,
William
Wulff,
—V.
&
165,
4,000
—
Co.
1318.
p.
Mountain
4,000
Co
&
3,000
-
"Uncollectible
operating
1947
week
4,023,369
' 495,706
Net
Net
—
operating income
charges
$333,487
—V.
165, p.
(G.
a
—
Murphy
Co.- -February
Sales
$6,769,296
——————
The
v
in
a
E.
Ambassador
that
Mr.
Patterson,
succeed
to
Great
Douglas
board with
Lewis
been
The
leave of absence
a
National
Metal
board
elected
to
trustees
of
the
office
without salary.—V.
Products
Co.,
Plant.—
also
New
week
March
on
number
of
govern¬
•
•
•
The
V.
1,
lease is
subject to compliance with
the Surplus
ter-annually March
28, 1952_:__
.1947
28,
National
different Series,
31,
New
Oil Products Co.—Bank
1946,
Operation
1946
"
1945
-
1944
$.41
to
Co.
»•
"etc.—V. 165, p." 1318. r /.
St.
&
Louis
Gross
Loan
Replaces De¬
"
The
of
"
*
V
.
be
delivery.
a
New
York
also V.
See
20,
-
2,176,284
-
-
,It, is
announced
distribution.
payable
A
165, p.
1986,
.
..
.
2,142,145;
•
-
?
2,019,08f
$9,900,707
-2,030,121
3,015,000
2,077,590
1,676,000-
charges
2,034,672
2,746,000
______
income
11,571.
-
'2,090,000
1,751,813
243,000, ' 956,687
profits tax.
excess,
Net
deliveries
2,267,113:
1,245,000*
__y
•;
$3,470,517
$5,183,678
♦Equivalent to reduction
and .in¬
to
up
,2,510,00(p
in
Federal
income
$3,350,280.
•
and
$3,878,594:
profits taxeg;
resulting from bond refinancing and accelerated amortization of emer¬
gency
war facilities.
.......
,
with temporary bonds o,r
27, 1947, only permanent
1318.
&
of
excess
COMMON STOCK DIVIDEND
RECORD—During the period beginning
1932 and ending November, 1944, no dividends were paid on thestock. Dividends have been subsequently paid on the commort.
stock as follows: Dec. 15, 1944, 25 cents per share; June
1, 1945, 2(X
.cents per share; Dec
15, 1945, 15 cents per share; June 10, 19"46„
25 cents per share; and Dec, 20, 1946, 30 cents per share. On Feb. 18_
1947, directors declared a dividend of 30 cents per share, payables
March- 20, to holders of record/ March 1.
At its meeting in November, 1946, the directors placed the common!
stock dividend payment dates on a quarterly basis and specified thafc
common
50
cents
to
following distributions
the
year
each.
A
1945;
March 30,
made:
were
85
cents;
paid
June
4,
on.
19,
until
and
determined,
the
—V.
The
April
on
9
cents;
series,
1
that
15:
shown
bond
On
speculative
on
cent;
received
March
on
amounts
and
on
the
31
series,
series,
First
following
estimates
are
6
5
cents;
cents;
low-priced
Fund,
and
dividends
declared.
are
y
BUSINESS—Northern
Indiana is a public utility operating company
principally in the production, manufacture, purchase, supply*
transmission, distribution and sale of electrical energy, gas and water;
$1.15
the
For
1947 for the year 1946.
Operating
it
1946,
year
derived
approximately
.
O Clock
:<'•
Fods.
Inc..
had
been
elected
Operating revenues
Operating expenses ;
Operating taxes
Net
President
of
(J.
6
National
including March 27 1947
or with
permanent
Years—
•
<
■
.
sales
Earned
per
164,
*,
-
-
,
/ 1946
...
_
after
income
&
taxes
share
common
J
1945
a
1,412,405
v
•
$2 74
$109
2549.
p.
.
(Gtto
R.)
Nemeth,
Inc.,
Chicago—Stock
7o,z50 shares of
war?Ti?5Y
common
fin™' n?f«"
fu
1 0
n' 11 1946>
5ooi?
i of: Nemeth, sole proprietor, for a
o
*
v
f ih*re* of
,ott0 R-
m.e
a
and
improving
with
and
all
devices,
acquired,
and
Prior
the
to
1945.
the
has
for
whether
conceived
right
to
purchase
commenced
projector
inventions,
.
the
which
Company
completed
not
or
or
the
by
had
the
of
by
the
the
production
in
the
Otto
business
R.
the
the
*•
American
of
order
models
and
f
the
this
of
in
June!
Nemeth
picture
the
Novem¬
pro¬
agricultural
and
residential
'"
,
mechanical
reasons
it
i»
not
olumye
to arrange companies in exact alphabetical
However, they are always as near alphabetical
as
possible.
v
States Power Co.
company,
.-J
Bonds
first
available
Co.,
co-paying
Savings
an
increase of 16.2ft.—V. 165, p. 1319.
Co.
Power
:
(Minn.)—Definitive
?■
mortgage | 2% ft bonds;
for temporary
in exchange
agent,
New
Bank, trustee,
series due Oct. 1, 1975, are)
bonds at the Schroder Trust
and at the Harris Trust &
York, N. Y.,
Chicago, 111.—V. 164,
3295.
p.
Nu-Enamel Corp.—Foreign Sales Unit Formed—
;
-
Formation of the Nu-Enamel International Corp., a wholly-owned sub*
sidiary, to handle all foreign manufacturing and sales was announced
'on March 10 by L. Frank Pitts, President.«■
}
Although the new-subsidiary will have, the saipe officer^ as the parent
company, O. F. Erlich, who was in charge of manufacturing Nu-Enamet
products in France before the war,, has been named Executive VicePresident and General Manager-.-^-V. 165, p. 341.
;
v 11 "«
...
sell
approved' March" 11 .the
Commission
Exchange
Electric
year,
States
Ready-
Definitive
now
Co.—Company to Sell Stockholders
to
(Del.)—Weekly Output-
output of this company for "the week ended March 8, 1947,
54,885,000 kwh. as compared with 47,246,000 kwh. for the cor*
responding week last
$7,002,642 $14,918,039 $13,412,850
"
s
'
'
stockholders an
aggregate of
Electric Illuminating
its own
to
common
at
the
rate
of
one-fifth
share of such
American
will sell any
-
will
the
-unsubscribed shares -of- the
sale
of
unsubscribed
shares
other
than
on
the
-
'
The
company on March
for 200,000 shares of
SEC
.,
•iv
Oglethorpe Fund, Inc., Savannah, Ga.—Files with SEC
-
•
;
16 hkd a registration statement ^itb' thb
Underwriters.
common.
Southern
.
ment.*.
t
Ohio Bell Telephone Co.—Earnings—
,.
•:' Month
of
January—
Operating
revenues
Uncollectible
operating
;
•
n] *
I,
"V-,1947
_____________
' revenue_-_-^_-__--__—
.-
.
,,
■
t1946
$7,667,803
_
n
.
=
New
York
;
-
$6,540,080
14,831..'
•
stock
common
proceeds.
The
•
other
issue
bids
.
was-awarded
were
■".Net
Net
are
received.
none
of
^12.328:
They
Or©
on
were:
a
bid
The
of
$17.79
a
First 'Boston
share.
*
.
The company on
and
$1,020,894:
988,66^
nVV:';
■
March 10 asked the SEC for permission to withdraw
its
proposed to make
a
ital stock at 60 cents a share.—V. 165,
public offering through Tellier <te
par value cap*
p.
215.
-
4,477,457
.1,029,407
Yellowknife Gold Mines, Ltd.—To Withdraw Reg-*
'Co.,"New York, and associates, of 2,000,000 shares of $1
Two
•
Corp.
$1,126,603
1,092,080
1
,
1233. r
The oompany had
10
1,132,3)7
$6,527,758
registration statement filed on Jan. 7, 1947, because it "desires to
^ make further inquiry into the geological facts affecting its property.*/
'
'
.
charges
istration—
'•
being offered by Northern
vMarch
i:
■1
.
operating income
after
—V. 165, p.
$7,652,972
5,394,052
.
;k
-
Securities
Corpt Price will be based on market. Proceeds will' be used: lor invest^
on
Indiana Public Service Co. and it will receive
projector
necessary
Northern
Northern Indiana Public Service Co.—Stock Offered—
shares of
motion
model
of
industrial,
Electric
totaled
March 12 offered 383,434 shares of
outstanding common stock (no par) at $18.75 per share.
The shares offered are owned
by Midland Realization
Co., Midland Utilities Co. and Middle West Corp. No
developed
business,
and
Blyth & Co., Inc.,
applica¬
since
revenues
1196.
p.
Operating revenues
Exchange is to be employed, such sale will be subject to further
Operating expenses
of the commission.—V. 165, p. 1319.
<•
' ;/ C:.
•"
"
l'~ Operating taxes
Stock
<.
name.
sound
first
development
or
Nemeth
business's
company of
of a 16-mm.
completed
continued
12
used
created
use
patent
or
operating?
operating
,
new
patents
Increased
.
1947—2 Mos.—1946
on the New York Stock Exchange.
;
w
In approving the
proposal, the Commission also granted North Amer¬
ican an exemption from the
competitive bidding requirements of-rule
U-50 with respect to the sale, subject to the oondition that if any
for
discoveries,
development
it
work
February„ Sales
1,714,525 shares of common stock of Cleveland
Co., owned by North American, at $15 a share.
In furtherance of the proposal, North American will .mall on or. about
March 27 to its common stockholders of record on March 19 transferable purchase warrants, in registered form, entitling them-to purchase
method
products,
and
manufacturing companies.
The purchase included all
furniture, fixtures, machinery and equip¬
ment,
raw
materials,
stock
on
hand, goodwill;
trademarks,1 trade
names, contracts, claims, accounts
receivable, leases, tools, dies, books
of record
and
all property,
owned by or used in the
business, to- '
engineering
—
.■■
1947—Month—1946
Cleveland Electric Common
In Dela-
the company purchased
consideration of $20,000
common stock, his business conducted under
Nemeth and Associates, which business con¬
sisted of advanced
designing, developing
Handling
diversified
a
165,
position
Joseph
offering period North
'
incorporated
was
4,185,416
stock for each share of North American common" stock heid. : The offering period during which the warrants may be exercised
begin on March 28 and terminate on May 27, 1947. : At-the. close of
Offered—
speculation)
stock (no par) at $3 per share.
a?USI4NES?--Company
its
operating
part of Indiana, serving a territory having an estimated!
800,000 persons in 28, counties. The terri¬
as
order.
$4,512,520
en
Major
the Cleveland
*7onicJ! suecurity Co. on March 7 offered (as
Co.
,
941.
Securities
proposal
561 477
■
p.
company
The
$13,465,192 $10,411,359
charges
its
its
water.
NOTE—For
5,165,682
-
Stock of Cleveland—
,
Calendar
Newberry
$7,701,711
165,
North
certificates; that beginning March 28, 1947, only permanent
certificates
a delivery,—V. 164,
p. p* 3416.
> ?r:
Co.—Earnings—
5,086,827
^
certificates
shall be
Vulcanized Fibre
of
of
of
of approximately
tory -served.
March -6 announced the .election-, of three jieW'
P. Kingsley, of Washington,: D. C., who was
designated Chairman of the board; William T. Griffin, attorney, New
York, N. Y.; and Patrick B. McGinnis, partner in the New York Stock
Exchange firm of McGinnis, Bampton & Sellger, New York, N. Y.—
V. 165, p. 1319.
«
'
The New York Stock
Exchange on March 11 directed that deliveries of
cumulative preferred stock, up to and
National
59.9 ft
37.9ft
energy,
2.2ft
It is also engaged in the sale of electric and!
equipment, and in other business incidental to or
the general business herein described.
It operates iiii
with
northern
population
44,313
3,727,201
■
directors:
Supply Co.—Form of Certificate—
mayf.beimad® either w.ith temporary
51,095
Norfolk Southern Ry.—Three New Directors—
$897,998 $7,383,521 $7,164,232
4Va%
sale of
the
and
appliances and
Northern
1947—5 Mos—1946
.
.
gas,
1196.
p.
J.)
The
$756,532
electrical
of
the
1946
$4,106,471
Sales
1947—Month—1946
—VSl6¥"p"T072"
r
Period End. Feb. 28—
Shops of Delaware, Inc.—Sales Off—
Period End. Feb. 28—
165,
io%—
\
,
Shirt
of
sale
$29,577,362 $27,317,"701
>20,384,064
17,639,499
operating income
after charges
—v.
National
sale
the
connected
-
—_
the
from
possible
Chester A. Barth, President on March 12
announced that this com¬
has purchased all the stock of 6 O'clock
Foods, Inc., of NorriSPa. He further disclosed that Karl Shore,
formerly with H. J.
Products,
revenue
from
gas
.i__ $29,628,457- $27,362,014
Net
town,
Hecktr
revenues
revenues
.
Co.—Earnings-
--.i
operating
.
.
,
territory.—V.
These
pany
and
'
1947
revenues
Uncollectible
bond
941.
p.
y
-„
.
common
4 cents.
series, six cents—V. 165,
214.
Month of January—
ex-
8
industrial stock
on
p.
New York Telephone
distributions
low-priced
on
on
Mutual Trust
funds sell
•
such
of
165,
for the' payment of" quarterly:
March, June, Sept. and Dec. 20^
dates
the common stock shall be
on
when
engaged
of $1.50 for
28,
otherwise
dividends
if
the capital
Last year,
and Sept.
28
;
Co.—Smaller
^
"
' ^
3,. a year-end
Jan.
and
on Jan.
\
■
share has been declared
holders of record March
was
year-end of $1.30
v
^
.
per
29
•?'
.
Rosario Mining
Honduras
March
payable
1318.
p.
■
Declared—
dividend
—V.
and
»
15,398,426
14,911,194
1,054,633- '1,079,107"
2,015,550
1,936,000)
'
due
'
"
•'
the
National Selected Products,
Inc.—Acquisition—
ber
1943
$10,228,799 $10,213,107 $10,183,452
income-taxes-.
,
directed that
7
Exchange on Feb.; 28 directed that deliveries
bonds, series B, due 1975, up to and includingbe made either with temporary bonds or with
that beginning March 21, ,19474; only permanent
•
New York
Dividend
cents, 10 cents, 13 cents, 2 cents and 8 cents,
respectively, on Jan. 15, last.
,
On Marqh 15 the
following distributions were made to shareholders
of record Feb. 28
entirely from investment income; on income series, 10
nad
*
31
1944
«
$9,889,136".
from
1945,
<
'
income- $10,198,503 $10,187,734 $10,154,267
30,296
25,373
29,135
income
♦Special
may
t: v"■
National Securities & Research Corp.-—Distributions--*
made,
DECEMBER
2,273,601
2,539,551
deductions—...
of
2%%
1947,
permanent
bonds;
bonds shall be a delivery.—V. 165,
(The) National Radiator Co.—Transfer Agent—
tions
6,000,000
V-
16,205,043
1,312,303
2,133,072
Fed.
Federal
Stock
first mortgage
March
The
■©ether
:
j
-
-
1945
-Income
'
,
Co.—Form
RR.
'
bonds shall
Property Act.—
Chemical Bank & Trust Co., New
York, N.' Y., has been ap¬
pointed New York transfer agent for the common stock, $4
par Value.—
V. 165, p. 941.
\>-
"
$45,000,000
»
: $6,000,000
ENDED
16,461,372
1,410,947
i__
than
ORer.
income
Other
$.60
New York Stock Exchange on March
refunding mortgage 3% bonds, series F,
cluding March 26, 1947, may be made either
"with permanent bonds; that beginning March
stock,
—V.
Y'H
95,887
$2.21
Chicago
—.
(other
Utility
-
$57,955
150,000
share
York,
YEARS
income)
$61,538
The
.;
„
Net
.
.%•
211,380 shs,.
2,181,550 shs».
»
____
.-
Maintenance
ago.—V. 165,
a year
155,692
of
amounted
p. 214.
Net
■
Outstanding;
$32,786,657 $32,111,753 $30,765,021 $29,834,52t
revenues
Depreciation
Bond—
to $1,375,000, according to the company's an¬
'
The stockholders will vote at the annual meeting to be held oh March
27 on the directors' recommendation to
change the corporate name of
the company to Nopco Chemical Co.
(See V, 164, p. 3416).—V, 165,
Heintz
.
'
'"
2,500,000 shs.'.
v
1946
1947 was 70,191,012,
$345,344
per
nual report.
cents;
June-
directors may determine.
as
EARNINGS
Operating
/
Fed.
During 1946 the company replaced $1,811,000 principal amount of its
33/4% debentures of 1955 and 1957 with a long-term bank loan which on
funds
-
June,
bentures—Plans to Change Name—
stock
.
^
.,
1946
'-257,820 shs.
Dec.
New York Connecting RR.—Form of Bond—
series,
31,'.
DEC.
OF
stock (no pari
mortgage bonds, Series C, 3Vb%,
Aug. 1, 1973—
Serial notes, 2'Aft, due $250,000 quar¬
p.
Dec.
,
corpora^
on
;;
s
AS
due
(& Subs.)—Earnings—
shares
♦After Federal income taxes,
36 cents per square foot per year.
During the war, the huge plant was operated by the Aluminum
of America for the production of aluminum
forgings.
'
Common
;
profit
capital
Earned
"multiple tenancy" program which provides for dividing
the government's larger war-plants into units for occupancy
by more
than one concern, the company leased 25,275
sq. ft. of floor space for
use in the production of aluminum window sash for veterans'
housing.
The company will rent the space for five years at $9,099
annually,
or
organized as an Indiana
into Northern Indiana
Co,,
■:
First
Under WAA's
•
pur-.
,
merged
was
'
•
preferred stock (par $100)
available for the
62,055,454 in
hours
kilowat
Calendar Years—
...
.
..
reports
New York Auction Co., Inc.
Canonsburgh, Pa., War Assets
4.
are
Authorized
5ft
Taxes
*Net
announced
'
England Power Association—Weeklys Output—
association
1318.
p.
Pittsburgh — Leases
65 -at the $8,000,000,
Power
1921,
CAPITALIZATION
the
of
21,
--
on
The comparable figure for week ended March 1,
an increase of 9.76%
over the corresponding week
No.
Administration
Nov;
on
21, 1944.
corresponding :month «;^ear^Ago^ ■^ ^'
ended
-
The company has leased Building No.
ment-owned aluminum forgings plant in
Hydro-Electric
tioh
,
March 8, 1947, as 69,287,917 compared with
the week ended March 9, 1946, an increase of;.n.65^.v
1318.
165, p.
ft.;.;|ors
Indiana
is reported at 847,809.000. cu, ft., an ,
above production of 690,115,-
1947,
ft., or 22.85%
March 11 granted the company exemption from competi¬
with respect to the sale of 77,625 shares of "cumulative
preferred stock in connection with the Association's alternate: plan of
recapitalization. The exemption also covers, such of the 766,776 shares
of new common stock not subscribed for by holders of the Association's
un¬
announced
Chairman
of
Realization and Utilities
by
♦Additional bonds may be issued from time to time in any number of
Executive Vice-President, has - been. elected
W. Douglas,
who was recently appointed
Britain.
has
in February,
157,694,000 cu.
bidding
This
to
1
u
outstanding $5.50 preferred stock under an allocation plan, and which
are to be sold in order
to raise the required amount of cash.—V. 165,
1318.
•
Alexander
,~,r£. ;i-.
p.
Mutual Life Insurance Co. of New York—New Pres.—
President
offered
to
7,
$12,978,313
stores in operation,
February, 1947, had 209
year ago.—V. 165, p. 941,
company
changed from
$6,659,016 $13,770,386
Yi.
being sold
respectively,
shares
discharge of their respective obligations, with any - balance remaining:
be.distributed by each company upon its liquidation.'
The shares ofiered by^ Middle West Corp. are being sold pursuant to.
^n
order: entered by the SEC under, the Act, such order requiring,
among other things, that Middle West dispose of its interest in North*
em Indiana.
^
• *
;
v-
Electric Assoelatlon^rOutput---
March
ago.
output
The SEC
tive
1947—2 Mos.—1946'
'
;
Corp; have; entered- into ^an^ agreemeniit^ A
sale, severally, of 182,094 shares, 54,417 shares-and 146,923:
shares,
The
%
West
,suant to the requirements of a plan of reorganization. The net proceeds;
"■from such sale are to be applied by Realization and Utilities to th&,
Exempt From Competitive Bidding—
519,779
Sales Showed 1.66%
1947—Month—1946
proceeds to be received,.by ■. the com¬
corporate purposes and to augment
Middle
^
000: cu;->
■
,
Period End. Feb. 28—
year
account
Co. 'and
the
for
.
1195.
C.)
Gain
199,018 shs.
•"
week -ended
increase of
.
$639,951
221,526
after
"
the
Utilties
Gas
633,260
:
net
general
(con*
Indiana)
.
3,032,080
.
—
for
stock now offered
common
17.6ft of the outstanding common stock of
is issued and outstanding and is not offered by or
of Northern Indiana. 'Midland Realization,
Midland'
approximately
for
'Cft Outstanding
Authorized
COMMON STOCK—The
stltuting
Northern
output for the Ma'rch 7 %eek is rep0rted:p|;302;481j)00- cu. t ft.*,
an increase of 52,916,000 cu.
asari. fy
ft., or 35.38 ft_ abaye:jj^oduction 'of 149,- ■y u'CoAPANY---N6rthem;.Tndiftnai; was»;orgaiiis»d ;t -iAugiff
Indiana corporation under the name Calumet Eleetric Co.
Name was.
565,000 cu. ft., for the corresponding week a yeah, ago.^.^:.y ; H changedto Calumet: Gas
& Electric Co. : on Jan. ::18,
1924 and tou
For the month ended Feb. 28, 1947, the Association-reports ..elpctric
'. Northern Indiana Public Service Co. on Jan. 27; 1926.' Northern Indi4output of 56,459,828 kwh.
This is an increase of 5,991,987 kwh., or,
ana
Gas- & Electric
Co.,
organized as an Indiana corporation-",0%
11.87%
above production
of 50,467,841 kwh.- for the^ corresponding
March 1, 1909, was merged into Northern Indiana on June .3,. 1926..
month a year ago.
!"/.•
qz
8,129
j
SALE OF
.
this_ Assqcktioniireporis' electrie
output of 14,108,675 kwh.
This is an increase, of .1,540,914 kwh, or
12.26%
above production
of 12,567,761 kwh. ■ for% they corresponding
$4,305,291
—-
...
PRESENT,. OFFERING
200,000 shs.
estimated
used
be
capital.
tiie
-
Gas
—'
"
TO
par)
(no
New England Gas and
For
$4,313,420
$4,852,562
revenue
Operating revenues
Operating expenses
Operating taxes
to
are
working
."
^946
$4,867,633
15,071
stock
PURPOSE—The
pany
Telegraph Co.—-Earns.
'
_1___
revenues
.
.
EFFECT
GIVING
,•
,
Common
■
Month of January—
Operating
license
As of Jan. 31, 1947, being the date of the Balance .Sheet appearing
herein, the capitalization of the company was as .follows: V:
,
;
States Telephone &
"
10, 1946,
Corp.,
New
CAPITALIZATION,
,
4,000
Co
&
Jones
4,000
4,000
—
Co.—_
Staats
R.
Hansen
Atkinson,
Corp.
Co.
&
Tully
production,
July
and
3,000
Skaggs & Co..:3,000
Pacific Co. of Calif,
3,000
Brush, Slocumb & Co.
2,000
Buckley Brothers 's__2,000
Harrison & Co.—
2,000
Irving Lundborg & Co
2,000
Blankenship, Gould &
-v.
j
Blakely, Inc.—-i
1,500
Hemphill, Penton & Campbell, Inc. ———X—— 1,500
Wm.. P. Harper & Son &
•
Co. —
1
-1,000
Waldo Hemphill & Co
,1,000
Lawson, Levy & Williams- ,'1,000
" Paine-Rice & Co._—^i—
1,000
"
•
.
V-...
:
Davis,
17,406
__
\•' '• ■
■
Bateman, Eichler & Co
23,208
Bean Witter & Co.___
JFirst California Co.
Bchwabacher
*.
Shares
of
methods
No. of
Central, Republic"',Co..> $17.07; Etone St. Webster Securities Corp, ,and
t
Harrlman Ripley & Co., Inc., $16.55. ■ • ■
Transfer .Agents: Continental Illinois National Bank & Trust Co. otChicago and Chase National Bank, New York.
Registrars: First Na-<.'
tional Bank of Chicago and Guaranty Trust Co.. of New York.
V %
as drawings, processing/ choice bt material, ^
and cost analysis.
by contract, the company grapted...to Universal
York,
the sole and • exclusive right, privilege
to manufacture and sell the projector.
'
••• -'V
•'
such
duction preparation,
number
purchased by each are as follows:
No. of
Monday, March 17, 1941}
-
THE COMMERCIAL & FINANCIAL CHRONICLE
S^olume 165'ii Number -4577 -;
1459
A
Ohio Edison1'Cow—Earnings-—
/
Gross
for
deprec
Amort, of plant acq. adj.
,
General taxes
Fed.
Int.
&
-prem.
-
80,540
$658,756
966,469
Sales
that
of
42-acre
a
site
plant
least
at
six
months
-
yill be
p/1320.
'
The
Fiberglas Corporation
was formed in 1938, following
of research conducted by Ownes-Illinois Glass
Glass Works in the manufacture and use of glass
:>,i Corning
form.—V.
i
that
the
issuance
offering. of
Bond's
at
earnings
March
in
Common
Stock—
of
more
to stockholders
first
a
new
authorized at the annual meeting April 8.
common stock
would be increased
authorized
4%
five years.
i'*There
share,
compared with $2.50 in
as
to
of
50
cents,
stockholders
1945.—V.
■■■
is
the
$7,088,557
.}
to
No.
of
*
after
common
Earned
per
After
1946
charges
.
.
v
.
^
•
;
(
ry
'u' 4'*
■
.
.
'
'■
!.
■
•
.
'
'
426,000
share
common
of
emergency
164,t
P.
facilities
V
•V-
to
Telephone & Telegraph Co.
tion and
The
stock
common
."$1.50
^
offered
$100)
^
removed
up
:
Last
'.'the
Jan.
$1
of
average
quarter
a
Gross
the
earnings
tax
before
Depreciation
and
r'.Vr^ /';•
31,
than
even
in
the
Income
Net
and
depletion
per
$153,000
depletion
"Sjnking
earnings,
■"
Tin
sales
Period
U.
up
$343,000
.V
i—_——;.-$li«,,oooW
share—
Fotinds
:*
of
\\
.
made
Ended
metallic
:
$236,000
$0)22
war
loss recov-
relating to
S.
tin
its subsidiaries
1946—
were
as
3 Mos.
sold
:
of
1,114,500
66.2 cents
of tin__'_____
loss
war
recoveries.—V.
63.5 cents
'
•
164, p. 2696.
Co.—Eardings,
Park Chemical
Calendar Years—
Het
earnings,
1946
$1,330,042
1945
$1,050,057
84,102
—
46,224
'
.
I"*,.,Three,new
and
tive
taxes_^
after
volume items will
-
aeronautical
side,
President,
who
Ibeen
;
established
in
soon
be added to the
maintenance
products,
went
say
20
to
on
foreign
that
countries.
line of
-
automo¬
reported F. Lloyd Woodsales representation has
plus the maintenance
a
rigid standard of quality, is expected to further increase
company's volume of business, it was said.—V. 153, p. 107.
1
at July
1,
,
on
Feb. 18 in
Co.—Tax
a
notice to
"The
officers
10 cents per
Ruling—
'
>•
-i
of this company are of the opinion that the dividend
share paid in 1946 is not taxable under the income tax
'V;:v::r^v':':vv..-;vv
''./V--'
to
50%
of
net
the
new
company
were
;• To
.
C.
Burnham
which
to
elected
served
has
he
will
30%
Wilson has
f
Incoming orders up to the end of February showed an increase of
as compared
with last year, and prospective new business based
on
outstanding negotiations is about a third greater than at the
beginning of this year, Mr. Balantyne said.
/
"The Storage Battery Division has recently increased
its production
capacity by 50% arid should thereby be able to profit from new markets
for the large industrial
batteries it designs and manufactures," ac¬
cording to Mr. Ballantyne.—V. 165, p. 1109.
of plate glass sales since 1940.
Manager
in
charge of
p.
1320.
Maintenance
for
Prov.
for
Prov.
misc.
Net
$2,628,561
116,405
890,192
141,470
132,126
244,350
2,941,185
205,472
188,976
State, local &
taxes
Fed.
income—
income—^—
oper.
oper.
Fed.
normal and
Fed.
excess
surtax
Other
$
$1,021,684
312,000
$1,072,485 $10,164,059
342,000
2,972,000
—
-
!
deducts.
water
To
and
tFcr portion
refunded
7,289
155,044
;
92,701
370,702
'
1.
1
183,711
$737,774
184,894
$7,562,762
2,253,004
2,408,319
$552,880
$5,309,758
$3,500,744
in
ice properties for periods prior to
of premium and expense applicable
dates of sale
to long-term
1945.
Issue Debentures—
March 4 filed a petition with the P. S. Commission of
to issue $11,077,800 of 15-year, 2%% convertible
proceeds from the sale, together with other funds,
to be used to retire the $11,500,000 of bank loan notes of the com-
The
company
Indiana for authority
debentures.
are
2,500,000
$5,816,363
$7,192,059
$730,485
$709,684:
$681,017
other
gas,
1945.
2,21b,uou •
—
$864,728
income
income
"■■"Of
in
debt
781,778
$11,622,363
__ZZ~T
income_
2,093,158
$10^840,584
—-
—
profits ta:c_
income
and
Net
•
$1,072,485 $10,164,059
,
Int.
2,223,979.
$1,021,684
'♦
Gross
^2,800,625
„„„„„„„
tSpecial charge
oper.
-
*,633,947
253,335
—
deprec."—
Total
Net
Inc.—Earnings—
1947—12 Mos.—1946
$2,389,381 $27,612,525 $27,011,937
76,006
1,302,033
1,483,752
675,436
9,347,321
8,048,71ft
1947—Month—1946
revenues
Operation—power purch.
Other operation
.
manufacture since
with the firm since 1923. Mr. Wilson as
operating head oi the Glass Manufacturing
Public Service Co. of Indiana,
Net
merchandising division
'
•
serving as Manager of glass
the
be
Period End. Jan. 31—
Operating
■
the
-
been
-
of directors and will
foreign activities.
He has been associated
Division.—V. 165,
greater than a year ago, Mr. Ballantyne
33%■
as
be
1942 and made
he will represent
of directors in
to the board
1944. As Executive Vice-President,
.
itself of adequate supplies of hardwood for radio and radiophonograph cabinets, this corporation went into the lumber business
last year by purchasing about. 100,000,000 feet of standing timber in
North and.South Carolina and installing a modern band sawmill and
Mr.
positions.
was
Burnham
1940:
issue of $700,000 first mortgage
assure
B. Tucker as Executive Vice-Presi¬
A. Wilson as Vice-Presidents,
Harry B. Higgins, President. Tha
Burnham and Mr. Wilson have been
and John
all glass sales.
Mr.
set
1, 1947, bearing interest at the rate
annumV. 165, p. 815.
were
;
announcement by
an
Vice-President will
\refmanced ?I>yTan
per
to
Vice-President
and
Financing—First mortgage bonds in the amount
$793,000 bearing interest at the rate of 5% per annum
3 Vz %
;
r.
of $107,722 to employees as the. fourth
wage-and-salary "dividend"' in a profit-sharing
1946. More than 2,000 employees participated.
manufacturing division on the board
general direction of most of the company's
Mr.
As
of
v
at
.
glass
-
announced.
,
the stockholders,
.laws of the State of Utah; also that 34.4416% of the dividends paid
•'
v, during
the year 1946 are taxable and 65.5584% are non-taxable, -under
;
section 115 (b) of the Internal Revenue Code."—V. 165, p. 215.
■■
$49,633
,:v; Storage Battery Shipments Up 30%—
.'..Shipments of the corporation's Storage Battery Division in the first
the
Said:
Of
equivalent
Donald
Vice-President in
the
have
mortgage
still
payment
quarterly
Tucker
Mr
1946.
two months of 1947
Park Utah Consolidated Mines
reported
Vice-Presidencies
,
This,
<©f
;W: J. Wm. Stoner, Treasurer,
under
$104,159
$57,854
activities,
sales
1
.
elected are new
44,000
42,080
during the last .eight months of 1946' and provided 50% of the lumber
used in all its wood cabinets during the year, Mr. Balantyne stated,
v? "The
shortage of cabinet woods is still acute," according to Mr.
Ballantyne, "so the ownership of these timber resources and processing
facilities should contribute in substantial measure to the output of
Philco console radios and radio-phonographs in 1947.
V "The
production and sale of Philco products are runnihg at the
highest levels in the company's history."
■ -
Etc.—
/
saleS
.19,080
expanding
warrant
directors have elected Richard
and
4,723
the latest-type logging equipment, John Ballantyne, President, informed
stockholders in a letter accompanying March 12th dividend checks.
'Philco produced more • than 6,250,000 board feet of cabinet woods
"
Hat
127,229
1,029
Philco Corp.—Buys Timberlahds-s-Has Record Output
'>;V
-
level.
according
$225,586
80,974
23,000
soon
165, p. 943.
The
follows:
12 Mos.
465,800
should
report,
also
dent
bonds dated March
The ;figures given above do not include the cost of repairing war
damages, which totaled $99,000 for the fourth quarter and $369,000.
for the year 1946, or adjustments in the income account relating to
:'
$228,242
61,149
District Court Books and records
as
were
■
Average pi'ice recteived per: pound
;■>
expense
by corporation and
31
$139,112
<$46;304
fund provision
$23,152.
v
viz.,
that
the
Pittsburgh Plate Glass Co.—New Vice-Presidents—
1945
$841,894
616,307
New
of
•
$0.11
^
Dec.
it
NOTE—Philadelphia & Western RR. is successor to Philadelphia &
Western
through reorganization proceedings
approved by order of
?;; 107,000
37,000.r
J; 4,:,'^Excluding items of income and
€ries/.-;v-.;;
1946
$891,749
663,507
1,029
to' surplus
■:
Year
Year
19,825
,
31,
plan begun in January,
$89,129
expens
taxes
Balance
12 Mos.
..."
income
and
■
:
ended Dec.
mailed on March 11 to the 5,200 stockholders, accompanied payment of the company's 53rd consecutive cash dividend, a
regular quarterly of 15 cents.
a
worst
3 Mos.
depreciation
$440,670
301,558
361,948
0.49
t$0.67
reconversion expense.
nine months
history. Mr. Wheeler, in a quarterly letter to stockholders, stated
"these earnings do not fully reflect the income-producing value of
—V.
June 30, '46
$451,078
charges
disc't
Debt
■
Earned
Dec. 31, '46
•
-
revenue
—$440,662
t$611,500
$0.30
$0.37
____
:
1
$$278,100 '
$333,400
.
The
issue
6 Mos. End.
trross income
since the middle of 1946 had
stock, after canceling out
credits which ended
with
1946.
^Period Ended Dec. 31, 1946—
income
Trust
Co.—Equipment
common
carryback
"lower
are
the
V"
1
postage meters recently placed on rental." He also reported that
record sales for the quarter exceeded deliveries,
and that increasing;
Predecessor
Total expenses
v
new
RR. Co.
Pacific Tin Consolidated Corp. (& Subs.)—Earnings—
kv
;V *Net
'
"
seven
an
485,000
v
.
consecutive
.
i
•
Philadelphia & Western RR.—Earnings—
registra¬
30 and Dec.
158,700
cents a share, after giving effect to a tax carryback.
JThird-quarter ret income was the highest in the company's 26-year
8,
net income
on
of
group
316,300
y> r
at $360,000 or 39
prewar
a
companies
"
$925,682
1945 was estimated
production
to
share
per
offset portion of
^To
tNet income for the
Philadelphia banks and
of $5,094,000 equipment
trust certificates, series G. Proceeds, with other funds,
will be used for purchase of equipment.—V. 164, p. 2552.
years of the
Mr. Sullivan said. "Even the reduced rate may necessitate
payment from surplus."—V. 165, p. 1233.
some
.
Earnings
118,115
*
t $877,600
reserve
income—•
Net
vately
; ^depression.''
;
during the next
estimated $167,000,000
an
.
insurance
$1 per share on the
payable March 30 to
the following payments-
$1.50; June 28, $1.75; and Sept.
of
•
157,600
*T
.
Interest
effects
Current
%
Restoration
•?.'*
2,521,707
- 445,140
•
——
.
—
v $438,800
$441,000
*
-
■
1,952,295
5,100,135
126,302 ■
283,256
56,730.
>
186,246
107,722 • ' 240,390
.
Fedw^.State:
foreign taxes
:
Certificates Sold Privately—The company has sold pri¬
each.
reached
not
•
,will spend
6 Mos. End.
year,
-
132,668
iforr-
for construction
Philadelphia ^Transportation
,
„
a dividend of
quarter of 1947,
17.
'
div._
•
'
-
and
..
capacity during the next three years, an increase of 40% over
capacity at the end of ]94S. Total electricity generated and pur¬
chased in 1946 was off 0.4%
from 1945, while output of gas reached
a new high, 'increasing 3.7% .—V.
165, p. 1320.
% V
American
from
sal.
&
-
Profit jirom
ing
for sub-
record
than
- ■
,
;
129,516
"
the
-
Commenting on the reduction in the common dividend. Mark Sullivan,
-
President, said the
,
•
company
Period—
first
the
March 30,
made:
were
i
shares were
1,798
'■'t stockholders of record March
4
(par
declared
have
for
1
depr. & amort.
for
Wage
work, new equipment and improvements on
company properties, the annual report to stockholders reveals.
The
program calls for the addition of 470,000 kilowatts in electric generat¬
Reduced—
directors
.-The
\
:
283,990 were taken by the parent
'{ j Dividend
''v
stock
common
and preferred stockholders of
subscribed by shareholders other
were
product sold and
*
31, '41
$4,010,624
$6,687,827
$2,679,849
3,147,840
156,954
Frov.
"
;
-
9 Mos. End
3 Mos. End
$4,007,978
selling, servicing and
gen.
admin. exp.__
electric
four years
"
•
,
common
shares
etc.
;Plans$167,Opp,000,Fpur-^earConstruqtipnPrpgram---•
..
_
-Of the 328,125 shares of
ascription
■42,337
rental inc.
sis.
Cost of
aggregating
3418.
"i;;.
INCOME
OF
STATEMENT
6 Mos. End
$0.68
$3.68
amortization
1946- %'
; Pacific Telephone & Telegraph Co.—Shares Subscribed
>
is required in
;
^v
•",.
majority
a
Sept. 30, '46 Dec. 31, '46 Dec. 31, '46 Dec.
Net
Philadelphia Electric Co.—Weekly Output—
-
..
'
'
.
1945
100,000 shares of new preferred not required for the exchange.
/ ■'
■;V
middle of April. The
the
of the common stock of the
order to increase its authorized capital stock.
of
vote
•
Power &
-
-
.
='145,192
212,000
1,562,714
taxes
&
shares_i___^
accelerated
$386,865.—V.
a plan
whereby authorized capital of Pacific, as the surviving
corporation, would consist of not more than 114,815 shares of '5%
: preferred ($100 par)
and not less than 500,000 shares (no par), new
} common.—V. 165, p. 943.
•
affirmative
The
-
Power.
about
'
•
Sunder
T.
warrants
t»hc
$19,914,141 $13,174,678
income
-v~-f.lt.: is now proposed that Northwestern be merged into .Pacific Power
•
stockholders
common
Expen. for dev. & res'ch
jit was originally planned to ask for competitive bids for purchase
i
to
CONSOLIDATED
Years Ended Oct. 31—
Net
The
Pacific
series."
or more
one
will
necessarily be short—probably less than two weeks.
Stockholders1;
should place themselves in a position to act promptly upon receipt of 4
$6,458,460
(& Subs.)—Earnings—
Sales
SEC
and
preferred stock in
present
be mailed
company
{ r;The amendment provides the merger is to become automatically effective if approved by two-thirds of the voting power of Northwestern
Electric
the
period during which such warrants may then be exercised or sold
February, 1947 had 134 stores in operation, as
compared with 131 in the corresponding month of 1946.—V. 165, p. 943.
Light Co. and its subsidiaries, Northwestern
Pacific Power & Light Co.; have filed an amendment
changing the mechanics for merger of the two subsidiaries..,-Hearing has been set for March 24.
v
v
-•(.?Provision in the original plan Sor sale at competitive bidding of the
Unexchanged new preferred stock of Pacific Power as the surviving
v'f corporation is eliminated.
> with
such
abovementioned
,
.
':The American
Electric Co. and
:
;
proposals are approved by the stockholders, •„
intention of the directors, assuming satisfactory. ♦
market conditions, to designate approximately 46,000 shares of cumulativfe preferred stock as convertible preferred stock and,' subject to
registration with the Securities and Exchange Commission, to offer
in
company
output of this company and its subsidiaries for the
March,8, 1947, amounted to 141,768,000 kwh., an increase
of.. 16,664,000
kwh.', or
13.3%
over
the
corresponding
wieek
of
.V
the
will
week ended
:
:
preferred stock and on subscriptions under the company's1 *
"employees' stock purchase plan."
,
■
,
,
Assuming affirmative action by the Stockholders at the special
meeting, effectiveness of a proposed registration statement, and satisfactory investment market conditions, it is expected that warrants
evidencing rights to subscribe to the nev; convertible preferred stock
;:,v;-/
-
*.
vertible
1947—2 Mos.—1946
$3,194,796
$3,502,406
The
to permit adequate flexibility in planning
•
■
,
purposes. There? is. no-present Intention to issue any additional com¬
mon stock* except such
as may be issued on conversion of the con-
from
record
of
„
The proposed increase in authorized common stock from 1,000,000
shares to 1,500,000 shares is to provide common stock to meet conversion requirements
of the convertible preferred stock and for other
1320.
165, p.
1947—Month—1946
Pharis Tire & Rubber Co.
2696.
p.
"
50 cents on July 30, and a 100th an¬
on April 13, making a total in 1946 of $1.50
Sales
at present no definite plans for the sale of additional stock.
are
«-V. 165,
15
'
.
preferred
,
jThe proposals are designed
next
dividend
a
April
from 1,000,000 shares
par)
,
such shares to the holders of the common stock. It is expected thatr
offering will be underwritten by investment bankers and will * ;
approximately thes$2,250,000 required. The dividend rate,
^redemption prices and conversion rights of such convertible preferred %
stack, .would be. determined, by. the directors immediately prior to the
offering. It seems wise to provide for the additional .29,000. shares of
r
cumulative preferred stock at this time so that they will be available
for use at a. later date should the directors deem this advisable..
the company paid
year,
Under the program,
to
jstock financing in connection with the company's construction program,
of which it is planned to spend in excess of $300,000,000 during the
••
declared
12
payable
years,
period End. Feb. 28
the company has recommended that articles of incorporation be amended
to make common stock nonassessab'e also.
;■&.
March
on
prior
($2
»,
,
Jr.,
the
share. Dealer's discount, 62 ^c.—V. 165, p. 943.
of
stock
-
$50 par and
at
produce
Peoples Drug Stores, Inc.—February Sales—
.
and
stock
common
-
proxy statement
a
proposed reclassification of the preferred shares would in no way
affect the rights, privileges or dividend rates of the preferred stock now
outstanding. The company's first preferred stock is nonassessable and
•;
after the recent"
stock to Electric
stock was priced
common
=
.
;
approving' proposals tcm
on
preferred stock
c
22.
Last
The
>
common
stockholders.
The
common
per
directors
The
seven-
Co. and
in fiber
per
ferred stock.
<
•
$20
;t
Co. and represents all the holdings
Pennsylvania
-
.
Wheeler,
;
V
-
,
and
sold to the group by the Elec¬
was
authorized
authorized to issue
it
Pennsylvania RR.—Declares 50-Cent Dividend^—
10,000,000 shares
nfrom 8,000,000 at present, and 1.000,000 of authorized but unissued 6%>
first preferred would be reclassified to constitute a new 4% first pref;
Co.
&
of Electric Bond & Share Go. remaining
'
niversary dividend of $1
The directors have recommended in
stock be
Kidder, -Peabody
Common. Shares—
March; 31
r1;
^
Create;
debt
If
& Electric Co.—Plans 4% Preferred Issue
Increase
and
r
Corp.,
tric Bond; & Share
'
165, p. 942.
t "Pacific Gas
/
a
Boston
vote
7" ;
\ ■■
To
—
considering the relative advantages of various forms of stock
financing available, the directors have determined that the
issuance of preferred stock is the most desirable. The directors would
be
March 13, Th6" stock,
hoofing, -Fiberglas; pipie ^rapi
program
First
Increase
Conn.
.
Texas.—
After
and
'
"shares * of ".'common stock after the close of business
;
i
for
The
pro¬
a
Merrill .Lynch'; Pierce, Fenner & Beane offered 153,753
protection against' corrosion of Underground lines, and for
uhits to make glass fibers of a type developed for a wide variety of
\V'uses, such .as clothing interliners, aircraft accoustical blankets, and
; filling for pillows and mattresses.
; vFiberglas
manufacturing plants are located now in Ashton, R. I.;
Huntingdon, Pa.; Kansas City, Kan.; and Newark, Ohio.
The Kansas
plant, began operations last November.
-
on
tion—A group headed by Lehman Bros, and including
vt
-
^inkhfactUiVSHFibe^
year
'
will vote
will
and
Kansas
%;}: *<,;
Stamford,
shares of cumulative
1,500,000 shares.
H.
■'■/hi,
•,
and
,
Oklahoma,
of
President, said in part:
=••
It is evident that the expanding business of the company requires
additional permanent capital. • It is estimated that approximately
$2,250,000 is presently needed, principally for the manufacture of new
meters to be placed on rental, new tools and equipment,' to carry
increased inventories and accounts receivable
and
to
repay
bank
loans already incurred for similar
purposes.
'
& Coke Corp,—To Increase Stock
5
75,000
states
Inc.,
Stock
the
the
Vy,
stockholders
Walter
•
'
•/
to
.
')Pennsylvania Power & Light Co.—Secondary Distribu-
■
used
The
authorize
on
required for preliminary engineering
work.
No date for the start of construction has been announced, but
the plant is being designed to provide approximately 500,000 square
; 1'det of manufacturing and warehousing space.
;•
■■■■>• (JHarold Boeschenstein, President of the Fiberglas corporation, said
manufacturing units will be installed to meet the needs of West Coast
builders and contractors for such Fiberglas products as building .in::
iiflation,' low-temperature
insulation,v and ; insulation
for . ranges,
refrigerators, and water heaters manufactured on the West Coast. He
said ,that 'plans - provide • 'eventually. lor the:: installation of ..units-to
•!
Preferred
1947—2 Mos.—1946
stockholders at their annual meeting May
oil in
Pitney-Bowes,
.
^
•'
'
crude
v.165, p. iio9,
posal to increase the authorized capital stock by 18,500 share^. It is
proposed to<grant options for the purchase of these shares to the Presi¬
dent of the company, seven directors, and certain stockholders.—V. 165,
Clara, Calif.; and plans
in Santa
purchases
$41,443,083 $37,047,111 $85,720,930 $73,948,201
—
165, p. 943. '
The
Fiberglas factory there to supply western markets, were an¬
March 7 by Owens-Corning Fiberglas Corp. It is estimated
a
nounced
.
March 10, 1947, the company had increased its
cents per barrel on all grades at all points where tt
a.m.,
price postings 25
■
v ;
Phillips, Chairman, and K. S. Adams, President, has announced
effective 7
"
$1,732,427.:
1947—Month—1946
Pennsylvania'Coal
.
:
'
,
-
—V.
$5,830,793'. $2,88.0,358
"
that
$4,500,000, and obtained bank credits permitting
$5,000,000 to $10,000,00 during a 10-year period.
of
Period End. Feb. 28—
$3,873,476
933,117
1319.
'Purchase
to erect
'
80,540
,
—
Frank
*
increase
nJ-;rj;
$6,797,262
—
(J. C,) Penney Co.—February Sales Up 11.87%—
.
1
Owens-Illinois Glass Co.—Unit to Expand—
;
.
$739,297
to
loans
—V. 165, p. 341.
140,761
-
-•
-
$659,242
stock
•'/
99,907
$2,450,000
additional
1,915,702
357,589
9,935
t
$739,783
-
—
'
32,506
6,545
|
Net income
Dividends on pfd.
-
.2,315,373
31,649
—
taxes—-
"^Includes non-recurring profit of
A
expr
deductions
-Balance
•■•-v. 165, p.
2,060,793
1945
•
$67,407,356 $56,206,987
"M,481,937
1,475,268
$17,76
$5.48
-To finance-a broad expansion program for the company's whiskey
distilling operations,' Park & Tilford increased its bank loans last year
$8,245,312
170,037
.
f
'
"$9,315,553
Phillips Petroleum Co,—Price Postings Raised—' ;
1946
,
'
frbm
$956,101
.
Net profit after charges and
Earned per common share
4,402,738
174,361
$948,015
long-term debtof
debt
disc.,
on
_
(4,651,264
income
Amort,
other
.
-
•
sales.
'Net'
1,207,903
16,863,652i'14,467,559
281,497
3,260,249.: •''3,377,964
55,000
; 992,280, >1,906,867
720,571 J2,890,566* k'2,$67,550
taxes—-]
income
Gross
)
_
'
Calendar Years—
1947—12 Mos.—1946
•.
$3,221,073 $37,973,564 $35,267,990
% 1,635,919
272,442
80,560
756,031
expenses^—
Provision
Tark & Tilford, Inc.—E^fnings—
*''kS£!IX^ ':rV
$3,693,028
revenue
Operating
";
1947—Month—1946
Period End. Jan. 31—
v
The
..:.;.■
...■••V
y-~
•
1460
THE COMMERCIAL & FINANCIAL CHRONICLE
•V/'
which mature serially to 1955.
An application is also being filed
the Securities and Exchange Commission.
pany
with
Also
that
be convertible into
debentures would
the
common
Kheem Mfg. Co.—New General
financing program is part of the company's plan to provide ad¬
ditional
electric
generating capacity
and
high-voltage transmission
facilities necessary to meet the growing demands for electric service
throughout the territory served by the company.—V. 165, p. 944.
v,
V
" '•
1 '.j ' 1' i *\4.
v-*
•
,
borrow
enough
Washington
the
PUC
District
to
used
be
to
directors
the
on1
Construction
$12,000,000.
the
of
turbine
declared
dividend
a
of
20
cents
cents
share
per
Puget Sound Pulp & Timber Co.—Earnings—?
Alcohol
Net
Years—
of
tons
£3,292
___
Profit before Federal tax
$7,333,777
Operatiig
f
Operating
66,519
38,079
•
provision—i
income
for
the
dividend
V'
■
shares
year..
*In
addition
ments
sale
sale
on
capital
'
'
Moseley &
;
and
the
In
Canadian
timber
before
properties,
prior
$1.64
pay¬
able
.
munications
in
South
''/
facilities
poration,
:
'
.'Jv"
...
and modernized
radiotelegraph
that country the
in Quito, Ecuador, makes
bring its equipment and service
to
modernization
Thompson
"RCA's
from
new
H.
Feb.
line
on
*•
First
"Under
way'
the
the Army Communications
new
system,
cities such
and
messages
ultimate
as
are
decoding of radiotelegraph
Feb.
said
1
in
July
ware
&
first
Corp.
the
Technical
He
had
Consultant
been
Division
in
To
has
of
than
and
Handle
the
Electronic
with
International
Research
RCA
Sales
for
of
trimmed
coats—13%,
country
the
of
test
number
that
for
the
The
cloth
the
and
coats
in
(without
suits—44%.
fur
advertised
and
sold
retail
at
of
of
shares
in
common
of
the
stock
several
to
agreed
be
Lee
Higginson
S.
&
The Illinois Co
the
Provision
Loewi & Co.__
INCOME
for
Radio
of
Cost
the
Federal
31
1944
1945
$4,192,753
1,476,450
$5,589,830
$6,003,793
419,150
Canadian
$4,475,504
$5,584,643
3,785,208
2,132,852
f 1,250,000
{*2.125,039
deduc. of minor, int.
$5,739,234
$2,342,652
tax—
for.
other
&
413,963
)
V
J
taxes—:
profits
excess
the
Minority
them,
by
taxes
I
1169,615
income
*After
post-war
175,630
NOTE—The
8,300
of
186,521
$1,853,514
$116,000
debt-retirement
of $16,216.
and
Woodard-Elwood
realized,
credit
of
exclusive of $1,500,000
th<> sale of investments, whi^h was credited to con¬
There Was a similar profit of $2,000,000 in the
company's
reserve.
Co
refund
131,241
$2,211,411
tAfter Canadian post-war refund
$120,000.
8,300
$2,040,034
$5,563,604
in
interests
income
year.—V.
on
1946
net
income
was
165, p. 342.
4,000
Safe Harbor Water Power
1944
$3,869,160
2,963,802
$420,287
17,629
$418,868
listing
the
1981.—V.
series due
of
164, p.
$14,000,009
2835.
first
of
mortgage
„
on
Ma-cl*
3%»
bonds,
^
>
.
,
588,682
$656,354
•
Corp.—Listing Approved—
the New York Curb Exchange
3,827,152
485,070
authorized
5
$4,835,703
Governors of
of
The Board
.1945
4,216,100
566,292
1
/
DEC.
$8,663,543
1,443,445
taxes—_____
income
Federal
STATEMENT, YEARS ENDED NOV. 30
'
ENDED
582,546
profit
;•
YEARS
$9,524,442
previous
!
ex¬
'
STATEMENT.
—
income before
Net
tingency
.1946
the
$6,000,000
z
Gernon_
&
the
at
program
the
of
and
J.,
charges
Income
/
4,000
sold
goods
N.
expansion
$5,669,203
1,193,699
5,400
&
and secur¬
bringing
$10,106,988
8,300
$5,438,747
Expenses
Trenton,
income
Gross
Hollev,
sales
Net
'
$2,000,000
credits
Income
Straus & Blosser
Scherck, Richter Co
.
Signal
in
the
INCOME
Operating income
1946,
8.300
Dayton
staff"
holdings,
1946
8,300
of
Little Falls Minn.; and
Pensacola, Fla., in eacl*
royalties & rentals.
$82,782,186 $52,500,824 $48,388,277
sell., adm. & gen. exp.) 74,118,643
48,308,071 (41,009,838
for depreciation
( 1,788,603
sales,
8,300
Co., Inc.
Co.
Co.,
Co.,
management
offices.
sales
Canadian
8,309
&
Securities
Chicago
measuring equipment lines."
*
Corp. designs and manufacturers
plant
plastics
of
Shares
9,000
Ames, Emerich
First
its
Cost of sales,
Mason, Moran & Co
Piner, Jaffray & Hopwood
Sills, Minton & Co., Inc.
22,250
Co._,
Paper
to
1,442,140 acres; and
CONSOLIDATED
Net
Corp._^__— 22,250
Moseley
Paper
&
-
which
Shares
of Boonton Electronic
Pulp
additions
more
and
purchased
Hennepin
Alabama
Virtual completion
the
under
underwriters,
many
Canada, as well as owned and affiliated bag manufacturing f*pilit^>»
It also operates 26 sales offices in 18 States, in addition to
two
follows:
as
are
names
of
abroad.
trimming)—43%, fur1926, the corporation's
Since
to
Panelyte
cutting
on
realization
the
marked
1946
pansion and modernization program at the Deferiet, N. Y., pulp andi
paper mill.
■'
11^'^
The company now has 38 mills and plants in 14 States and three
pur¬
While
(based
in
making "valuable
(3)
Rothmoor
suits.
Mich.;
Kalamazoo,
total
Michel
in
that
the
ing "additional groups of skilled technicians";
(2) Addition of 659,000 acres to its timber
1946
interests
said
Ferguson
interest
an
Net
of total unit production
■
-
more
Co.,
Dela¬
31,
engaged
and
consideration of
should
perell, Mass.; Maine Seaboard Paper Co., Bucksport, Me.; Bryant Paper
commenced
coats generally account for
12 months ended Nov. 30,
year,
In
in
piuo
company's long-range planning and listed among
important accomplishments:
(1)
"Wider diversification of products, closer integration of oper¬
ations. and increased production" through acquisition of Florida Fulp
&
Paper Co., Pensacola, Fla.; Nashua River Paper Co., East Pep-
authorized
name
has
i>uuk
1945.
year
in
suits, and from $89 to $195 for fur-trimmed coats. NormaFy
respectively,
the Q-Meter,
Generators, and other direct reading instruments
radio industry, laboratories and engineers.—V.
165, p. 1321.
QX-Checker,
to
coats
UNDERWRITERS—The
F.
and
Boonton
Mr.
-
women's
years
Managing Director of the RCA International Division.
products," Mr. Brunct said, "are companion products
RCA
The
business.
corporation
j
$5,563,604, was more than 150% in excess of that
Mr. Ferguson said this years' plans called for
of plants, and predicted that 1947 sales volume
would exceed $110,000,000.
Net sales in 1946 of $82,782,186 com¬
pared with net sales of $52,500,824 in 1945.
certificate
Schenker,
name
Rothschild
>
modernization
Net inc. bef.
the United States by the RCA International
Division,
announced on March
12 by
Meade Brunet, Vice-President of
and
to
which
petitioning for a Supreme
in
income-of
the
further
Northern
line consists ot 50 to 60 different styles, the majority of
staple, with only minor changes made from year to year.
are
"Boonton
Net
for
-
tributed outside of
RCA
L.
the stockholders
1946—Net sales and
profit in 3946 were at an all-time high, Roy K. Ferguson, President; announced in connection with the re¬
lease of the company's annual statement to stockholders.
registered trade name "Rothmoor."
The coats and suits are con¬
servatively styled and are7 made to sell in a " popular price range,
retailing during the current season from $49 to $79 for untrimmed
The complete line, of special electronic
measuring instruments manu¬
factured by the Boonton Radio
Corp., Boonton, N. J., will be dis¬
was
the
the
nationally
been
the
under
joined
It asked, among other things, if a plan
prewar level
St. Regis Paper C®.—Report for
Outstanding
205,000 shs.
205,000 shs.
previously
corporation
Maurice
in
1921,
untrimmed
products have
1921
the
production.
at 'gate¬
Illinois
an
in
from year
unit
messages
Laboratory of
17
the
;
of
filed
net
under-
Registrar,
amendment
.
\
•/
125,000 shares of
1938.
in
was
Instruments—-
it
of
a
the year's
share *of
review,
the
which was based
of earnings may b° annlied to the railroad when its
earnings and financial status have improved greatly.
the
each
1926
sale
varies
half
coats and
associated
of
asked
plan
against Berryman Henwood, the trustee
Lower Federal courts ruled against the objectors.
The compapy
being changed into two shares of the class A
interest
organization
records)
been elected Vice-President and
corporation's RCA Laboratories Division.
the
of
been
certificate
20c),
In
complaint
a
Court review.
case
a
the
under
the appeals.
Justice Douglas said he believed that the court
review the petition-filed by Mr. Meyer,~V. 165, p. 1110.
r
205,000 shs.
with
Chicago
Inc.
in
the railway.
$1,717,340
'
Chicago.
March 10 refused to review a 1941 plan
on
excluded
were
that the company's financial condition
improved to the point that it was now solvent.
plan
1947.
business
adopted in
was
proportion
Zworykin has
Director
and
offered
$121,35®
for the company..'
who
Justice; Frankfurter^ noted tnas he
BUSINESS—Corporation was incorporated
1946 and at the close of business on Aug.
the
manufacture
165, <p. 1234. i
Kosma
66,074
205,000 shs.
stock
substantial
a
From
the
Vladimir
$98,875
AND
29,
to
Weinstock,
chased
Radio Corp. of America—New Official—
Dr.
$608,906
objectives
1947
(par
A
Mitchell.
of the
10
National Bank,
filed
8,
Mr.
the interior
103,758
'
■
256,742
.
20c).
par
succeeded
New York, San Francisco and London is eliminated
handled in suitable form for immediate delivery to
in the 'gateway' city itself or for automatic
relay
of destination."-—V.
446,742
$1,815,723
'
40c)_:
was
class
HISTORY
:
addressees
land-line wire circuits to addressees
ever
Service,"
$649,375
'
the approximate distribution
by
$877,244
'
March
on
ing
war
251,912
prepared by the ICC, stated a value for new capitaliza¬
of the railway which did not include existing preferred and comstock. (The Southern. Pacific Co., holder of the majority interest in
that stock, And Walter E. Meyers a minority stockholder, objected to the
plan in suits in lower Federal courts. The company also objected to the
1947^—2 Mos.—1946
;
$378,098
The plan as
headed by Lee Higginson Cprp., and Ff S.
stock
A
issued
stock
universal trend away
a
*
;•
before May 18,
or
class
and
com¬
with
$860,818
tion
1947 the corporation borrowed $250,000 from First
Chicago, at l'/a% interest on its unsecured note pay¬
17,
Bank,
incorporation
of
being carried forward by this cor¬
Executive Vice-President, announced.
Mitchell,
$701,779
1947—Month—1946
radiotelegraphy toward the
time-and-mcney saving automatic operation, which was developed dur¬
the
39,331
26,577
•
mpn
Secretary of State of the State
of
Delaware, whereby the previously authorized and issued 102,500
shares of class A stock
(par 40c) were changed into 205,000 shares
program
modernization program is establishing
old manual Morse methods of
the
in
793
25-Ceht Stores,- Inc.—Sales—■
ipar
doing business
March 5 of
America
$338,767
$834,241
income
reorganization
had
103,033
(par 20c)
NOTE—On
'
\
$650,168
834
,
Authorized
On
telegraph Service—
world-wide
187,229
income
income—
The U. S. Supreme Court
on
,
agent,
stock
National
RCA Communications, Inc.—Extends Automatic Radio¬
on
operating
income1
Court Refuses -Review—
...
-
Co.
stock
A
Common
deferred
profit on this
deducting capital gains tax.
This
payments of $375,000 each, com¬
/////'•/'///;>/''■
.
,
Class
from
years
quarterly instalments of 25 cents each.-Mf. 163, p. 2835.
Inauguration
railway operating
33,546
:
$522,709
183,942
contending among other things
47,244
326,917
$3.83
in
regular
i?/
$489,163
47,317
^—
Income
Net
CAPITALIZATION
stock,
made in
107,932
Deductions from gross income
(par 40c) at $9 a share. The shares of¬
fered represent the holdings of certain trusts, and their
sale will not constitute new financing by the corporation.
Transfer
quarterly dividend of 30 cents per share on the" pre¬
payable April i to holders of record March 15.
1946, distributions on the common stock totaling $1 per share were
ferred
railway
Non-operating
Stockholders
$74,020
$535,359
on March 5 declared a dividend of 50 cents
per share
stock, payable March 31 to holders of record March 17,
commcn
from
Net
stock
common
of
the
Deductions
1946
1
165, p. 1110.
: Writing group
"■■■
67,265
-
$1,253,254
326,939
1947,-
The directors
80,904
153,607
operating income
railway
Gross
Rothmoor Corp., Chicago—Stock Offered—An
$602,624
67,253-
stock
Larger Dividend Declared—
on
83,939
439,087
$1,021,470
21.
$701,613
revenue-.-
___:
" •_•,)■{;
v.;
is realizab'e from eight annual
mencing May 1,
March
524,726
Trust Co., Chicago.
I
gains derived
$1,399,660,
to
taxes
taxes
common
Corp.—Earnings—
$929,236
—V.
$409,530
*193,094
$1,320,507
_______
common
net
of
amounts
profit
to
record
the
on
1947
Sales
432,814
'■
$1,320,507
outstanding—
Earnings per share of
of
_ihii
revenues
Rose's 5,' 10- &;
$842,341
-
"
-
requirement-;
Net.Income applicable to common stock
Common
holders
Period End. Feb. 28—
1,243,423
*
Net
share has been declared
per
to
Other
87,641
$2;129,850
809,343
'
profit from operations_____-________—
capital gain——
i.__
Preferred
income
fV'y !
Pay 50-Cent Dividend—
expenses
Operating taxes
4,981,059
' 466,352
losses;—
/*' 'l
•
$6,327,831
4,898,523
238,885
Net
Net
1
Month of January-—
Operating revenues
Uncollectible operating
1,292,937
___
taxes
t-••-/.'•
cents
of
86,866
1,752,747
1,747,454
___
expense
Noh-recurring write-offs and
v,;
50.
Rochester -Telephone
1945
-
•
L—
Depreciation
Provision for Federal
of
Net operating income
Net after charges
165, p. 1110..
.;
84,257
•_
_____
revenue..^
other
and
dividend
—V.
•
:
—
other
and
sales
$761,937
85,018
taxes
Federal
1.—V. 165, p. 1234.
ipterest."
• s.-
•
1946
production, gallons
sales, gallons.-
sales
Cost
$3,751,106
2,989,169
$974,153
Other
Payment will be made at The First National Bank of
Chicago, Chicago,
m.—V. 165, p. 254.
also
was
1947, totaled 220,303,000 kwh. as compared
181,912,000 kwh. for the corresponding week last year, an increase
of 21.1%.—V. 165, p. 1321.
Alcohol
Federal
Merrick,
There have been called for
redemption on May 1, next, for account of
sinking fund, $95,760 of first mortgage sinking fund 6% bonds due
May 1, 1954 at their unpaid principal amount and accrued
with
•Pulp sales, tons—
Harold
2,483,474
the
Utility Engineering & Service Corp.—Output—
production,
J.
Roberts & Oake, Inc.—Partial
Redemption—
share
per
lor the week ended March 8,
Pulp
succeeds
1947
$4,135,339
*
output < of the operating companies served by this corporation
Calendar
He
company.
.
'
Public
Electric
1946'
revenues
expenses
accruals:
tax
valorem
Ad
1946, the following payments were made on this issue: April 1
July 1, 25 cents; Oct. 1, 3T% cents; and Dec. 28, 37»/2 cents,
plus 25 cents extra.—V. 164, p. 2590.
'
"
Quarterly Dividend
Co.—Doubles
28
An extra distribution of 15
27, 1946.—V. 164, p. 3149.
Dec.
on
Railway
In
outstanding common stock, payable March 28 to holders of
19.
Previously, the company paid 10 cents per share
quarter.
made
Feb.
stock, payable April
March
record
each
Feb.
on
of January—
Railway operating
Railway operating
notes
redeem
Prophet
(Fred B.)
The
Month
and
Alexandria would
in
would
this
of
Ritter Co., Inc.—To
cost $10,000,000. The remaining $2,000,000
due in September. According to details
outlined before the PUC by Roy Dunn, Assistant to A. G. Neal, Presi¬
dent, money to finance the turbine plant will be lent to Braddoclj
Light & Power Co., a subsidary.-—V. 165, p. 1321.
plant
1
y/
asked the P. U. Commission for. permission
build an 80,000 hp. turbine plant in the
The company presented a formal plan to
borrow
St. Louis Southwestern Ry.-^Eclfiiings—
3.
'
A
to
money
Attorney
who resigned
..
this year.
area
2,
Attorney—
•
,r
Potomac Electric Co.—Asks PUC to Sanction Loan for-
to
Jan.
April
on
Jan.
on
Ceorge H. Halbert^ prominent New York attorney; has been named
General
'
The company on March 3
declared
was
made
were
quarterly dividend of $1.37& per share on the preferred
stock is payable April 1 to holders ox record March 20.—V.
165, p. 342.
The
.
each
1.
The usual
stock on the basis of $40 per share.-
$10,000,000 Plant—
20, 1947, which
cents
25
$1,651,865
Gallagher, President, stated that the new convertible debentures
would be offered at face..value to the common stock shareholders of
the company on the basis of $10 of debentures for each share of com¬
stock.
of
payments
year,
and Oct.
R. A.
mon
25 cents per share on Jan.
was
Last
Monday,: March. 17, 1947,
.
Sardik Food Products Corp., N. Y.—Files with SEC—»
Railway & Light Securities Co.—Asset Values—
Based
reports
market
upon
net- asset
Collateral, trust
Per
4%
Per
..
common
3 V\ %
of
as
Profit
28, 1947 the Company
its outstanding securities as follows:
bohd_—_
-
_______
conv.preferred share
($50
par)
165, p. 944.
i
.£•«
,
'
Total income
share
Federal
'
■
-
'
V
u.
jf-vv>/.'?"
'1 .*
•
.
/
*
.....
3*"
Net
-
-
—v.
•
Drill
Tool
&
.program and redeem a
Co.—Sells Bonds
of
Stock
preferred stock
1S47;
may
be made
.r
•
and
Exchange
on
March
•
-
-' .:
••••-
•-.
The
for
the
directors
current
stock,
common
March 7 filed
a
letter of notification with the SEC?,;
.
$10
for
and balance
working capital.—V,
164,
p.
2449.
r
up
7,
i 'M
>v-
March
quarter
6
on
took
the
no
action
common
on
Common Dividend
with
stock.
$145,279
,$382,589
—
for
/Net
Fed.
?
deprec.
inc.
$1,574,449
164,
Power
to
&
Completion of the reconversion to peacetime use of four ships, swhic!*
in World War H, was announced on March 9 by = Graham< M.
President, as the Seatrain Texas sailed from Chester. Pa^ .for
Ross,
the
$2,236,820
844,548
Crl9,200
discontinued five years ago because of the war, between New Yorkiand
*$55,286
1,365
'
$982^417 H/*$90^)24/ $1,392,272
-
*
'
*
$0.85
Seatrain
of
Lawrence Cprp.,- Ltd.—V.
respect to e dividend *
The previous payment-
New
*$56,651
'
-
'Nil
;'
.
Seatrain
ship.
fourth
.
Edgewater for the run to' Texas City.
Preparatory to resumption of Seatrain
Nil
$1.17
>
.
New Orleans for New York i»h?:March »12.
left Texas City for New York on)March!l4;lTh®
New York, on March 14 loaded.freight',ears ;a$-
Jersey left
/
■
,
r
Lines' coastwise service^ap¬
the ships, as -well. as in
and in moving 'essential
eauipment from the wartime terminal at Port Everglades,: Flar: ;Tho
ships were refitted by Sun Shipbuilding Co., Chester, Pa. Each ship can
carry TOO freight cars, and the service has a weekly capacity of 14,(WHI
proximately $6,000,000 was spent-in refitting
constructing the new terminal at Edgewater
Vice-President
He
and New York and Texas City, Texas.
New Orleans
while Seatrain Havana
on
board
N. J., site of the line's new terminal.
On March 12,? the'
inaugurated resumption of North Atlantic-West ^Oulf: service,
company
1
p. 3335.
Paper. Co-
Atlantic-Gulf
served
//19474-.6 MOS—1946
;
*$109,224-
592,032
il,074,472. com./shares
•LOSS,—V.
North
Edgewater,
1947—3 Mos.—1946
tax
share
per
Inc.—Resumes
Brush
Subsidiary Consolidated—Foreign Subsidiaries Not
after
Lines,
Service—
profits/
Earoed
Seatrain
$162,242
1110/;
of
directors
is
a
Central
of
this
National
company
director -of the
158, p. 1284.
with
either
r:
on
254,238
St. Lawrence Paper Mills Co„ Ltd.—New Director-
directed" that deliveries
to and including March 26,
Reynolds Metals Co.^-No Action
'
$435,817
19,336
292,637
Consolidated)
profit
elected
temporary certificates or with perma¬
nent
certificates; that
beginning March 27,
1947, only permanent'
certificates shall be a delivery.—V; 164,
p. 731.•/•.•■
j
$437,916
-
291,319
,
on
30,000 shares of 500 cumulative preferred (no par) to be offered
a share, through George F. Breen. New York,
as underwriters,.
Proceeds will be used for purchase of $190,000 labor-saying equipment
for
•
(Domestic
Arthur
Republic Pictures Corp.—Form of Certificate—
'
The company
>
Royal Typewriter Conine; (.% Subs.)—Earnings—
Prov.
:
York
15,948
■
.
:
Privately—?
expansion
$600,000 term bank loan.—V. 165,
:
New
income.
Period End. Jan. 31—
- •
The company has placed privately a
$1,250,000 mortgage
with the Mutual Life Insurance Co. of New York. The
additional capital will be used to finance an
The
profit
165, p.
-
Net
5*944.
i.
on
construction
ing capital, etc
Republic
taxes
Products, Inc., N. Y.—Files with SEC—
officers and directors! Proceeds "will be/usedfor" puiv
of building, purchase of machinery, work¬
through
chase of land,
$673,909
■Other-.expenses
159.29
The company on March 4 filed a letter of notification with the
SEC
fett1 150,000 shares of class A stock (par $l). to be offered r at $2
per
'
17,554
-
27.32
'
';
Remco Food
operations
-
at
$2,6'4 2<i
.
from
Other income
Feb.
share'
—«V.
?
of
coverage
Per'
cum.
quotations
/
Corp.,
and
of
•
,
.
;
f
been
John
the St.
has
St.
parent company,
t
°Mi\
Brusb said that the corporation expects to reach capacity opera*
14,000 tons per week in a matter of several' months. >
<«
•
ship owned by the corporation, the Seatrain New Orleans, wa»
taken over by the U. S. Maritime Commission during the war and re*
tion
.
of
A fifth
\ St. Louis-San Francisco Ry.—Appeal^ Filed—
Stockholders
the U. S;
and
Circuit
unsecured
creditors have filed
Court from the order entered
notice
last Dec.
of
12
mained
appeal to
by District
Judge George H. Moore':et St. Louis directing consummation of the'
plan o£ reorganization.
The road emerged from trusteeship and was:
restored to private ownership in
January.—V/165, p. 1322.
in
and Cuba.
;
on
p.
Dec. 30,
commercial service, shuttling between Port Everglades, tF-la.'
She is now berthed in New Orleans, having been withdrawn
1946 from the Cuban- trade by Seatrain Lines, Inc.—V. 165,
982."
r/
V/
-
:
fCirmtinued
on
oaee
1499)
-f///f
/
•
Volume 165
Number 4577-
THE COMMERCIAL & FINANCIAL
CHRONICLE
Stock Record
1461
New York Stock
«»
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
mr
LOW AND HIGH SALE PRICES
Saturday
Monday
Mar. 8
•
72 %
72
73
110
8%
15%
110
8%
47
110
8%
47
70%
8%
47%
72
110
*90
8%
♦47
*47
15%
15%
15
15%
15%
15%
15
*48 %
•*48%
49%
*49
49%
49%
49%
50%
51
32
32
31% "31%
*31%
87/s
9 >
33
8%
34%
34%
♦ice"/! 112
9
34%
8%
34%
•106'/.
5%
28 V2
34%
112 /
99
5%
29
99
27%
273/4
98%
98 5/8
*97
41/4
363/4
37
60'/a
60%
*60%
62
■
43
42%
19%
32%
37%
102
27%
35%*
96
29%
30%
35
7%
76%
42
42
71
9%
71%
28
76%
■"
14%
44%
127%
94
187
51%
51%
*24%
146
109%
23%
23%
96 Va
7%
73/a
743/4
*75
76%
76%
40%
41
41
10%
10
10%
.10
Z
73
■£ 14.
//
6%
X187% 187%
243/4
24%
23%
93%
*22%
•100%
102
•100'/a
39
39
22%
22%
22%-
24
38%
Z; 22%
102 >;
38%
23%
38
23%
23%
*1081/4
109 %
143
142
24%
24
22%
37%
37%
23%
7ft
*233/4
24
'
A
v
^•<*21%i- 223/4
100
American Chicle
*
5%
5%
5%
55/8
53/8
534
55/a
55/a
15%
15%
♦15%
153/4
15%
,15%
*14%
15%
17%
17%
17%
17
17%
17%
17%
5%
17
110
*
20
•105%
93
39%
7%
♦52%
52%
54%
27
*9%
9%
112.
♦106%
-
7%
26%
9'/a
7%
54%
*51%
27 %
263/4
27%
9%
*106%
7
*51%
106%
10%
10%
13%
*123/4
13*4
13 y8
26%
28%
*25%
25%
11
26
*114%
114
114
11
13ya
26%
10%
*12%
10%
114%
10%
♦111
11
;
/
26%
6 3/4
7
26 3/4
*53
8,900
9%
900
9%
13
26%
113
10%
13
113
1,300
13
2.5%
■
*112
American
11,800
114
Invest
American
300
Monday
Tuesday
Mar 10
Mar. 11
t per share
,
tper share
Mar. 8
t per share
v
*99%
29%
•12%
♦134
j-
35%
37
14%
14%
15
118
'
107%
15
14%.
v
106
*19%
A
20%
r
55
f
38%
39
150
32%
r
.
;'V
f
106In
•19
/
,*19
-
'37,?-'
/
-
166
,
14%
-
31
32
•
:
39
*39,
26%
24% Z 24%
44
44
•143
146%
*46%
32%/"
..
31%
103%
^92 /-
*88
9
/•V
'
>
48 %
44
'
»./ ;
*111
•
:
*16%
16% -J.
*15
>
16
•
*
r
-
16
49
44
,
•
48
,
133/4
-
16 Va
*49
<
*15
™
14
14%
.":
*120
122%
♦121
:
*153
158
*153
,
33
<
,*48
;
49
49
.
/• -:;15%
53/8
-
333/4
•
'
.
,•
For footnotes see page 1471
/
43%
/ '
-
*111
'
137/a
14%
*49
*15
'.Amer
American
50
6%
122%
*121
.158
-
*153
<
,,
-
14 /
22 %
157
57/a
79
Oct
184
Dec
Mar
1
10
Oct / •
Jan
9
120
26 y4 Feb
4
Mar 12
97%
6
31
>20% Feb
17
6% Feb
8
5% Sep
13% Oct
17% Nov
5% Oct
115% Jan
100
6
25 V\ Feb
8
101 % Feb
18,
90
37%
6
8% Feb
3
5%
44%
Jan
16
53 % Feb
Mar 14
x34'/b Jan
10
10 y4 Jan
24
31%
8%
.7
99%
93/4
106% Mar
4
12% Jan 31
14
Jan
18
30% Feb
Mar 13
116
Jan
22%
111
9
1
106
1,200
>
-
450
-»
5,100
21,400
;
35,700
300
8%
:
66%
J
a
:
200
*111
43%
:
10
.
157/s
2,700
15%
*121
122%
*153
157
•
.
:
14 y8
900
1,800
54,900
"
121
V
200
5 y*
33%
121:
154%
154%
13% Jan
/
>
52
t
American
&
Elec
/
—No par
51
Conv prior
preference
5
73
5
58% Jan<
9
14% Jan
13
'
191
Jan
:
48%
106% Jan
30
16
503/4 Feb
13
14
;/ 110% Feb
13
13
65% Mar 11
68% Feb
Jan
Jan
/15 /
8% Mar 14-
6
25
<■
i
50% Feb I}
t43: May j f'/
38% July H
58% Feb/
158. /Apr- r
-
67% April
200% Jun
Oct
i
99% May
f
100 y4 May i 1
114 > July ;
Oct
78 / May
i
102%
29%
Sep
110%' Feb
/ 70% Jun
r
182% Jun
1
;
'
Jan
100% Dec ?
'87% Dec- '
:7
;
Sep
•
200
:
10
$4
Copper Mining
Wire
A
Cable
Glass
Corp
preferred
-.50
/12L
105 %
/
Junff
;
Nov
I
-No par
•
12.50
,
-
No par
Products Co Inc.—
preferred
10$
preferred.
j
5
Mar-
15
7:
2
16'
15 % Mar 12-
5
_No par
42
46% Jan
.
Archer-Daniels-Midland
45% Jan
109/ Jan
Clayton A Co
i—21%
Anderson-Pilchard Oil Corp
_10
Andes Copper Mining
20
Armour A Co of lllinois
i $6 conv prior
Mar
*
64
Dec
90
35
Oct
61% Feb ] s
41
Sep
/ 38
Sep
5
9
.15 ; Jan
•
4% Jan 20
33
Mar 11
12% Jan
52% Feb 17
51
Jan/"-4.
May
';;
173/4 Jan
16
Jan
43% Jan
8
; 15%
6
29
/
6% Feb 21
39
Feb
17
16
15% Mar
6
60% Jan/
62% May i
Xll4% Mar /
*64% July j.
108 / Dec
111% Mar 10
52% Feb
-
Oct;
13% Sep
4% Nov
26% Mar
10%
27% May
x118
Jan
30
130% Jan
24
112
150
Jan
16
161
10
125
Oct
Feb
i
10%
Feb
?
41%
Dec
18% May
Sep
;ieo
-
24%
"
Sep
-No par
Jan
:
4,
15% Jan
'
Anderson,
A P W
22
:
?
28% Jun
10
42
93
80
•;
1
Jan
Apr
Feb
Sep
:
26% Jan
J
Oct
f
103% Feb
10% Jan
37 % Jan
11
1
1163/4
8
■
b
Feb
Z13%
119% Mar 13
18% F6b
102 % Feb 13
Aug»
172/.'Aprs;
•76% Oct
"150—Sep'
3
?
Apr;
.50%
138
Sep
/.47% Jan
159% NbV
4
18
25
116% Jan
2
'
33%
13%
v
?
Sep;
; 38% Oct ;
24
"84% Feb
'
■
24
11
/' 162% Feb
20
;
'
•
.jNo par
•Amer Zinc Lead & Smelt—.
$5 prior conv preferred.
Feb
/
Jan C
543/4 Feb
1743A Peb
Feb
.;52
27% Nov
25% Dec
•
7
82% Feb
74% Mar 14
3
8
Feb .'10
29%Jan;
146% Feb
73% Mar 12
Jan
Feb
160'
Feb;!
.42% Aug: ?
108% July >
Oct
34% Dec
j
6
x.45
40% Jan 15
153
Jan
37
i'
8
164% Mar 14 /:
<
5
28
13 /
165
6
Mar
;
33
Jan: 10
158*
22
Jan
142% Jan
3
46% Mar 13
-—100 '/
;
40
Aug! f
23:
.186
:
14% Dec
19
Sep
Sep
45% Sep
■>
4
60
123%
;
/
>93% Feb
24
169% Jan
Mar 14,
24% Mar
:* •
10
22% Feb
Apr,
22% Jun 1!
: 133% Aug
Jan
27%
v...*
17% July:
;60'
Jan
;
Jun
>
NOV
X173% Nov
7
393/4 Feb
88%
12%
•
24
163/8 Feb
26
:
7
:
3
'
7
•
11/
25%
•
97% Jan
.
21
Feb
Feb
37% Feb
Mar 14
;
-
Jun
;//43% Jun
163 /July/
Oct
21
109% Feb
30% Jan
.1N0 par
Woolen
.
Feb
150
100
—No par
.11
<
106%
Sep
:
14
Jan
•
—14
preferred
Preferred
.
100
7
17
May
45%'Mar:
;
Sep
16
36
Oct
10%
;
< >
Highest
Nov
34%
Mar 10
164
*
25
.25
19
34 % Jan
100
-
12 3/4
24
117% Feb
Jun
I persharel
1333/4 Dec
24
177
104% Jan ,24
;100
-
Wks
Anchor Hock
>15%/
.133/4,
1st
Anaconda
2.600
33%.
14%
Water
500
*15
c.34
$6
180
7.
49 %
5%
<
Anaconda
-
.*48%)
.
5*. preferred
Am
16
119
;
Oct
129% Feb
21
May
16%
15% Jun:;
.44% Jan ?
Nov
116% Feb
13
Jan
118/
.
v
•39% Feb
/; 32% Mar 14
No par
-
8% preferred ----Z
American Viscose Corp
17,900
48
112
Jan
<
Nov;
18% Mar
\
39 ya
<
3,300
14
•
300
A
Jan
Jan
35%
Sep
23%
7
14% Feb
"63
Nov
21%
11
"
/
Jan
12% Jan /
Oct
98
3
Feb
Feb
13
176
———100
Common class B
600
V
Refining—
Tobacco
153/4 Feb
32
22
Jan
102
No par
A Teleg Co
Tobacco
/American
;30
-
;
Sumatra
12% Jan
100
Amer Telep
■
3,300
87 %
43%
5%
•
19,200
'1106
87%
Sugar
Preferred—-
:
Am
15
137
9
11% Jan 13
114
Jab 13
No par
-No par '/•
Co
American
200
Jan
35
:
Foundries.
Jan
"
_25
-
6
101
28
28% Mar 14
-No par
preferred
Stove
Feb
134
_No par
*
Apr
May
553/4
tper share
"
/
118
Dec
Lowest
share
Jan
Jun
Range for Previous
Ytar1946
/
/
28
11% Mar 14
'
5
-
Stores
.
99
/
$ per
Mar 10
_io
—100
American
t per share
20
—100
-;
American
100
;
>40%
.
<.-,:47%
15%
..
40
Steel
,
•
23%
44 Va
*
11% Mar
10
;.
Feb.
28% Aug
14 V* Jan
Sep
Jan
Jun /
,
75/ July
.
Sep
Jan
8
>:
11%
Oct
26
- s
;
Sep
Sep
27
Jan
.
Oct
*7
40% Jan
<
32%
.!
123% May
13
Mar 11
13
Apr
•
Sep
Jan
38% Jan
Feb
Jun
34»/4
108
41% Nov
7
Jan
164 Va
t
"
Dec
Jan
:
407/a
150
•
16% Jan
16
132Va Marl/
T
'
Sep - /
r 17 y4 Oct/ v
20% Sep
:
.7
Feb
Sep /
6% Feb
6
;
210 »/3 Mar /:
:
: 21 Va Nov /
.
156
46
Jan
Nov."/' "/:;72%'Mayi>?
Mar 12
24
Feb}
106 V2
42
Jan
102
'
i
Sep
17%
96%
28% Feb
16/
*137
Oct
6
1
104 V*
20% Jan
/
May :;
G
113
No par
100
_—
Snuff
non-cum
Amer
1,900
!
San'y—
Mill.
Building Co
Smelting & Refgi
400
46
..16%*
38%
,
.•16
5%
34
7-A
-•
50-
14%
•; 14
129,
115% Jan
16% Jan lf /
1
preferred
2,800
;
>1041/4
\,<8 %s
v *62
j
112
.
34
,
48
16%
.
43%
xl5%
5%
Apr
15
Feb
.106
No par
No par :
com
Ship
•:.\H Preferred
10,700
143 Ye
:
,
♦103
39%
»
.
27%
r J64% 166:
C,:v.73%-, .73%
74%,. 74%
159% 160. ,51;%..;/ 51%
: i 118% 118%
<
66%
39%
•48
...
31%
Stand
conv
500
A
150
..
90
^
16
5%
34
*88
f *6f
15%/./
.,*15
16
161
.
:; 51%
119% 118 y416% :17%
*105%Vl07i
43%
43%
Jan
64%
8% Jan 16
No par
No par
Rolling
390
:
'
51
39%
49
,
/: inn •?/ 112
16 %
•
.
497/a-
j
53%
14%
•
Amer
7,900
.
39f
26%
V
&
Light
American Safety Razors
American Seating Co..
230
150
Rad
4%%
i
300
53%
,
8%
38%
•
42 3/4
15%
5%
34%
158
19%
38%
.
-143%
n04%*105/s "/ *:'4i-".
-.42%
90
8%
39%
-
42%
Jun^
30
Oct
110
13
Co
Preferred
i
"American
3,900
19%
S; ^44
74% A.75,
159
.
.
-
66% ,66%"/
-
48%
.
r
*87%
>
65%
♦111/112
34
122
122
*153
•
14
•165%'-166%
46%
•
•
Am
10
'.•••v*24y4; 25r ;.
/ 42 - 42%
166 %
/;■
>*103% 1083/4 -
88 A-
i
42%
--
•15%
88
-38%
r
•
111%
/ '.-15%
41 y8
107
65%-
,/>;
50
13%
52
144%
46%
•;
c
103%
88 Va
Nov
49
No par
No par
preferred
31 ■'■■■■
43
X165%
17
.103%
40%<. 42%
35% /
34
16%'
1
'r
<^■8r 9,:>
•
39%
5%
:
5%
5%
:
" * .49
50
50"
'
*42%
111%
112
-
■
17
•1033/4
•r
v9,
66 ;
•38%
>
50
; <
90
90
$5
39
73% >73%
.
.
103%
^
75%
.
Oct
12%
36 %
8
13
1
Dec,' /
Jun
72 y»
54% Feb
191
Apr
45 V4
19
•
?
.100
preferred
3,900
♦37%;
,
24%
*143 y4
'
>.
161
160
51
51%
118% 1183/4
.
119%
16%
.
•103%
105%
*62
<•
"397/a
39%
*47%
*42 3/4
->
v
42 Va
9 '
•'; 9 %
<70
'-*1*18%
171/4
1033/4
41%
*
\*66
'
"
>
"
161
74%
.
51: ; 51%
'16%
105 <
-7 '185
76%
160
.
52%
105Va
41,; :"41%
>75%
48
Feb
19%
743/4
Oct
Jan '28
193
17
■/
,
Nov
6% Jan
No par
:
Co—
Amer Power. &
340
,f--;
27%-.
*42%
'.•733/4
73%
-
,161
$6
106%
32%
-
24%
-.*45%
;
25
Apr "' v
91% May U
53 Va Jun
25%
92
:
100
News
2.600
24,200
,39%
"27%
f 145%
*144
"
-•
103 ya
;
43% "
>167%. .168%-,-
*1183/4,119%
••;
'17
.
.,>167' :,:':.i67%; V;
>"
74
'174 '
V
76
51%
144
-
27%
25%
*42%
■
A
76% " 763/4
161
/.;52Vv.-.52%y,
*4183/* 119%, :
-16%
144
26%
*24%
-
>
-' 43% .:-'
43
Feb
75
3
7% Feb
99
39% May/
12 y» Apr
'
5
133% Jan
.
:
7
Feb
Range Since January 1
Lowest
•
Highest
Ltd—
American
29,500
34,100
*148%: 150 ,;w.
/."-•-*46
.49
74%
27 ;
24% V 243/i
.
146'/a
•47
167%
26%
.v
;v
.167% 167%
/*76://76%/,.
i.*77z>77%..
'1611 .161:
./
*102%
43%
*143
-
49
167 %
25y»
43%
:>
v
26%
♦243/4
27
26%
t\
.
15
3
stock
Metals
Co
14%
33%
v
38%
/
&
Metals
117 >/a
14%
178<
"
.
50
?;
•
Nov//
9
1 \'
July!'
57%
7.
77% Jan
.17% Feb
13
24% Jan
preferred
Molasses
1055a
'53T8 .54%,
165% 166
150
Mach
Amer
800
,36'
14%
106%
-*37%
166
31%
-
Jan
2
preferred
American
32%
>
,
14%
♦19%v20%
cum
700
*176%
.
13%-
20"
6%
123/4
106 3/4; 107r
-
34%
105%
Amer
40
.
;
Jan 22
No par
Fdy Co
14%
;.
179%
54%
.
-
1,300
1,800
28%
36
3.90%
&
117%
.
107%
33%
38
*148%
.
35%
143/4
"14%
>.14%
39
150
21
5% Jan 14
108
Mar
7
Par
Amer Mach
290
^
136
123/4
107%
105%
>
28 %
ii8y4.
*176%
-
1003/a
*134
12%
,
14%
147/a
,
38
•'
21
Feb
Jan !
exchange
4,500
11% / 11%
11%
28%
133
35%
"34%
53%
S
11% Feb
75
16
12% Jaii
;Shares
21
*100y4
118%
179 % *
,
21
100%
;/12%
361/4
-
>' ',1-14
39.
*148%
32'/a
X105
:
166
;A*383/4
--'
28%
'*134
33%
54%
•166
„
V
28%
134%
*176 Va
20
-<
53 %
39
•11%
14%
...
-106%
14%
14.
37.
100%
113/4
33%
16
6
c
/ 623/4 May ! ■ '
953/4 Nov j i
Sep
16% Jan
40
.—100
new york
the Week
t per share
•,
21
100%
i4%>
14%
117% 118
107 : 1073/4 "•
.
14%
35%
21
Sales for
■
<
Mar. 14
I per share
113/4
176%
176%
.
-
166
39
32
{
33
.
37
55
*148% 150
,
,
-
19%
19
37
165%
•
v
108
14%.
54
'
*,
164%' 164%
•
'.♦148%
r
V
37%
37
54
107 •
.14%
106 %•
<14%
14%
14%
/
106%
-
14%
118%
178.;.
20%
*35y4
14%
335/8
33 %
share
12% -.12%
117%
,,
• Per
Friday
Mar. 13
28 3/4
134%
.
'
35%.; 35%
14%
14% > 15
*176y4
-
13
36
107%
v'
28%
136
118 //
33% >
•
283/4
Thursday
100%
'
12
13
;
-
20%
?
100%
*134
13.::
107%
*176/178
106
12
29%
Mar. 12
Sep
Oct
6%
v
Jan
633/s May
37% Nov
1
1% preferred
Jan
64%
15% Feb
par
111
'
stocks'
Wednesday
20%
*100
118
.
107%
33%
100%
135%
*12%
r/
13
*35%
■'■i-l
28%
29%
136
•134
116'
•12
12%
20
12%
•99%
100%,
12%
21
20
20%
20%
V
of
Nov
5% Jan 15
50
Locomotive
LOW AND HIGH SALE PRICES
Saturday
Co
"
91%
44% Mar
1
preferred
Nov
4
35
95% Jan 22
37
Jan 13
par
400
26
conv
30%
Feb
31
„
American Home Products
_i
American Ich ——jjvq
pof
6% non-cum preferred
—100
Amer Internat Corp
No
112
,10%
13
26
6%
10
99
I
39
;
108
84% Jan 29
I
American Hide & Leather
200
263/a
26
*106%
26%
2,500
54%
9%
lis
*113
114%
600
1,700
Nov
.20
par $7 preferred
No par
$7 2d preferred A——No par
$8 preferred
—No par , '
American Hawaiian S3 Co__
10
2,600
92
*106% 106%
10%
10%
.
American Export Lines Inc__
Amer & Foreign* Power—No
99%
;
Jan!
26 .*
Aug :
2121/4 Jun
29% Jan 11
29% Sep
31% Nov '
141
'
——-
13
*123/4
'.A 26
6,600
40
7%
9
Encaustic Tiling—
Amer European- Sees
No
6
4
39% Feb
/
23y4 Mar 14
par
American
4,300
5%
20%
92
54%
9%
*106% 106%
17%
*39%
*51%
263/4
*8%
9
*106%
54%
X26%
26%
9
106%
7%
300
107%
20%
93
40
7%
800
5 Va
*100
21
*92
*39%
39%
53%
15%
17%
5%
108
21
Z ,92
92
39%
5%
*14
17%
5%
*105%
21 ya
20%
92
40
5%
15%
173/4
5%
108
*105%
21
92
*39%
7%
5%
108
20%
•
7%
7%-
52%
21
39%
39%
5%
*105
94 t"
*92
39%
5%
109
20%
20%
*90
5%
5%
5%
*105
5%
*14
7
Jan
39 J/4 Mar
Aug
82
18% Deb
35% Feb
,
'/ 61% May 11 ■
113 , July! 5
Oct
4
107% Jan
Colortype Co
10
American Crystal Sugar---10
4 % % prior preferred.100.
Amer Distilling Co stamped——^,20'
1,200
V
itfn
j__:
—
7
■■■.
ii'-J
; /
17% Oct
154
Jan
109
v
Oct
3
45% Jan
•> np
913/4
14
Feb
f
8% Jan
69y» Jan!
'
Oct"
185
—100
:v.
44
90% Jan
No par
i
Oct
Oct
Jan
'
Feb
103
"
52%
v
Feb
101
6% Jan 16
American
20
37%
preferred
Cable Inc
1
38
1
22% Feb
16
1263/8 Feb
'
29%
8
18
Mar
12%
Oct
Feb
Feb
•513/4 May
Deo
3%
22
41% Jan 13.
No par
nreferred-__-
conv
90%
4
:
Apr
:
Sep
21
5% Feb
103% Mar 11
'
20%
59%
135-
Nov
180
.
/
'
.
25
13
100
Fdy
5
25
«
2
Jan
:
•
Oct
23
_1
-
&
8
Jun
•
Dec
104
Feb
68 y2
413/4
8% Feb
3
50
Jan 29
75
100
•
Nov
V
1
16
25% Jan
25
Car
8%
33
6
Feb
67% Jan 14:
.
-No par
Corp_^,
Sep
Jan 16.
Mar 7
1
Co__
24s/e
Dec
1243/.
8% Jan
":
100
^-.10
Corp
1
64% Feb
26
6% Jan
46
50
Shoe
non-cum
5%
>
1,500
1,600
;
Corp
Jan :
48% Feb
-28% Mar 10
1
i..-^.50 "
Oct
44
93% Jan 16
-No par
May
Feb
13%
44%
■
8M
; 345/8 Feb
^
73
Am Chain &
:
440
r
37%
1
-loo
Can
American
800
,vV
v
3
38
Preferred
5,100
200?
23'/a
383/4
No par
preferred
Cable & Radio
American
140
;
143-
100
'
x50
30%
6'/4 Feb
31% Jan
Feb
101
31% Mar 11
30
Jan 16
99% Feb 18
-•
Feb
1
10% Feb
8
-No par
Brake
Amer
109 >/a
102%
*37%
48'/a
.<142.
22
*100
V
Jan
18% Jan
?
May
19
10
112
13
3% Jan
par
100
5y4%
4,100
111
*108 V4
-
-24
X22
102
102
•
47%
•108%
v
109%
142
t'J 22%
102
>37%
186 %
50
24
22%
*100%
«
186%
111
Am
Z
13,600
188
491/8
•
40
6
Petrol
preferred
American Bosch
1,300
5%
Jan
91
169
Jan
38% Feb
10
Jan 15
92
-
__5
6%
3,400
94 Va
•1091/a
233/4
133/4
44'/a
127%
43 %
93%
50 %
141
30
96
109%
Co
Ameilcan
3%% cum conv pfd
American Bank Note
1,900
*127
6
Chemical-No par
Airlines
1
3,000
6%
94%
*186 %
186%
'
'
6
95
*108%
/
144
6%
Kid
Amerada
12%
16
Jan
*
Apr
Oct
Nov
37% Feb
16
10
—
Amer Agricultural
76
13%
127
8% Jan
33% Jan
-100
1,000
27
55
105
—-.-.w-l?
i
56,100
76
173/8 Feb
19
1
share
per
8
13
16
25
•
1,000
12%
44
127
"
26 3/4
~
14%
...44
49%
-
Z
23%
143
14-
43 Va
1273/4
1093/4
•
/
*108% 109%
:
423/4
75
48 v4 Feb
16
S
61%
1053/4
7
31% Mar 11
.'
—Mo par
*-100
Ry
preferred
lOVa
9%
75
Inc
Vicksburg
41 Va
*40-'
■
273/4
75
14%
1863/4
50 ya
23%
.
109 '/a
*27%
76%
M 6
V
no8% .111
73%
27
*127
■
Q4
49
75
14
44%
Q3
Z
27.
*75 /
127%
2,300
763/s
103/4 Feb
Jan
1
.3%% cum>ccinv pfd-Alpha Portland Cem__
Amalgam Leather Co Inc
6% conv preferred-^.
1,900
7%
52
76%'
/
28%
V/s
X40%
72%
:
28%
7%
10
4% preferred
Allis-Chalmers Mfg
900
*49
/ 27%
6
96%
87% Jan. .7
46% Feb
Allied Mills -Co Inc-Ai—.—-No
par
Allied Stores Corp
;
No
7,200
52%
10%
->.43%
,/
21,500
743/4
41
■
29
7%
38 s/8
35%
45
—No par
Highest
$ per share
16
5%%
Allied
103
34%
96/
*49
•49
76%
-
28%
7%
2,800
52
51
*127
r
7%
•
300
33%
8% Jan
preferred
..a.100 ■": 33
Jan 13
$2.50 prior conv preferred-No por
56
Jan 13
Alghny Lud Stl Corp
No par
40% Jan 13
Alleg to West Ry 8% gtd—100
97% Jan 24
Allen Industries; Inc
1
17% Jan 16
Allied Chemical & Dye
No par
•167
Mar 11
400
37s/8
96%
29
-14
51%
24
•
:
-
146
145
96%
■">
1,900
-
20 Va
*101%
29
27,
109.'
•108%
/
146
385/a
103
96 y8
71%
94 i
♦24
25%
♦168%
38 %
*101%
29%
9%
187 % *
109
*
38%
103
18%
171%
33s/8
34
96 Va
•75
6y8
50%
111
•108%
33%;
4%%
800
20Va
&
Year 1946
per share
14% Jan
Allegheny:; Corp
..
5,600
.••':> 10
105%
169
>•>
353/4
r
44%
187
33
60
;
*18
1 -■'•
21
35%
40%
;
v
126%
93
94%
:•
19
172
35%
7334
14 y4
6%
6%
i
32%
A;
-*20%
345/8
*48%
28
44
19
*102
■"
10
Aldens Inc common
6,900
42
41%
•
1,900
,
36%
59%
43%
353/4
A"
■
70%
126%
32
28%
76%
'
14
44%
*126%
10
27%
♦75
20,200
105%
*170
"37%
41%
70
28%
*75
♦14
77 Va
41%
10
9%
19%
*100%
52%
77%
4%
4
35%
•
2.50
Alaska Juneau Gold Min_.
,'
50
61
43
170 Va
20
20
Alabama
5,700
$
70y4 Mar 14
Express
Admiral Corp
Air Reduction
5,800
5%
273/4
43/a
*102%
19%
»
34%
98 Va
37
*60 Ve
433/4
105
38
-r
7%-
.
*49
■
2,100
share
per
Lowest
—No par
Co
Co
Address-Mutigr Corp
110
5%
Straus
Steel
$
No par
com_
Adams-Mills Corp
800
.
Laboratories
Adams
400
27
.96
29%
7%
52%
-
•74
'.
^
83/4
34
Acme
6,500
•
32%
98%
4%
36%
42
Motors
27%
35
96
28%
<•
43/a
62
81
98%
37%
•100% 103
v
27%
*97
168 Va
f>
20 %
37
353/4
96
V
•
20
31%
<
102
*100
35
7%
313/4
27%
*102%
167%'
120%
313/4
-
4
Abraham
ACF-Brill
400
15
*106%
5%
4%
-
103%
167
21
351/a
5%
983/4
*60%
42 »/8
-
*19%
170%
27
.
95
*185
34%
Abbott
2,000;
A
50%
.
8%
'
41%
21
*20 %
36%
•
8%
*106%/ 110
.
5%
;
15
*32y4
Range Since January 1
Highest
Lowest
Par
3,000
47%
*50
:
32%
83/4
36%
;
62
103%
*193/4
*168%
4%
37
*60
108
21
32%
4%
36%
43
*103
170
*20%
4%
•*}
42%
107%
19%
6%
8%/
343/4
110
99
4%
*49
34%
*106%
5% t; 5%
28%
28
*97
.«
37%
♦100
V
112
-
5%
'27%
4%
170
135%
•
*106%
5%
36%
*102%
8%
S 83/4
•
"
5'/a
V
31%
Range for Previous
stock
Shares
83/4
-
york
exchange
105
8%
*47
15'/a
51
34
new
the Week
71
*90
8%
47%
<
*33
...
70%
110
8%
47
Mar. 14
S per share
73%
*90
8%
47
H
t per share
71
Sales for
Friday
Mar. 13
$ per share
72'/a
*90
87/s
47
15 %
70%
Thursday
Mar. 12
t per share
72%
*90
8%
47
/Wednesday
Mar. 11
8 per share
*90
Tuesday
>
'/Mar 10
t per share
stocks
139
July
172
Jun
»
—
>
;
.
f
1462
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, March 17, 1947
NEW YORK STOCK RECORD
LOW AND HIGH SALE PRICES
Saturday
Monday
;
Mar. 8
S per share
50:
106
*
106
106
106
17%
3*16%
14%
14%
16'/2 •17
*127
*49 %
50%
*49%
87 % $ 88
'105
50%
.
86%
,
16%
106
14
14
16 Y4
*16%
p\
14%
17%
14
14
1.200
Artloom
17%
7,600
17
128
"125
129
>126
87%
105%
105%
"15%
50%
85%
86%
1C5%
..l
*49
106%
50%
867/s
86%
105%
16%
51
50
50%
50%
30%
31%
*293/4
31
30%
*68
78
*70
78
76
*70%
76
*71%
33%
•153/8
14%
15%
52%
2,800
30
30
*71
34
34%
33%
33%
343/4
33%
111%
111
111%
109%
109%
109 '/2
109%
109%
103%
102
103%
103%
103%
103 3/t
103 Y4
22 3/4
22 3/i
223,4
223/4
227a
104
*103%
23
23
22%
23
63%
63%
63%
*118%
119
*25%
29
.
63%
119%
*24
119%
Ye
22%
25%
63%
22
64
•
22%
%
34
65
*120
120
*119%
34
65%
122
22%
120
22%
*22 %
10%
10%
10
::
70
.4%
conv
26
.;
200
Atlas
Tack
17
17
1673
165/s
24%
25
24%
25
25
25%,
25
23
22%
22%
22
223/4
22%
22Y4
21
23
"
6%
6%
"6%
6%
6%
43%
44%
*43%
44%
43%
6 %
6%
43%:
6 3/s
43%
97/B
*93/4
I6Y4
*16'/a
6%
6%
10%
1,300
17
2,900
21 Ya;
Automatic
6%
6Ya
16,700
433/4/
43%
43 Ys
1,500
21%
21%
20 3/4
21%
9,700
133%
14%
25,400
193/8
19%
8,100
$2.25
17
NOV
4
124%
Dec
153
May
4
125
Dec
148
May
48% Feb
3
Mar
Feb
Jun
46%
Sep
58
Aug
99
Jan
2
78
Oct
121
May
112
8
19
323/a
' Feb
10
100
Oct
125
Jun
13
18 3A Feb
15
-13
Oct
29% May
16
59
Feb
13
45
Sep
83
Jan
Jun
343/4 Feb
15
263/4
Dec
493/4 May
Feb
17
68
Dec
94
13
39'
Feb
13
31
NOV
107% Jan
15
xl02
113
Feb
105^2
Feb
105
14
19
58% Jan
68
31
115
13:
Jan
9% Jan
16
12% Feb
110 '•
May
Oct
34%
Apr
NOV
973/4
22 %
X533/4
Jan
16% Mar 12
Nov
Dec
v
15 U'
1197/s Mar 10
22% Mar 11
>27% Jan 30
No par
May
51% May
130% Jun
100
11
253/4 Feb
2
Jan
22% Mar 14
.
No par
114
Nov
25
Sep
10
Jun
40% Aug
Nov
10%
Jan
135
Jun
25%
18 3/8 Feb
18
16%
Sep
5c
23% Jan
13
29% Jan
29
18
Nov
Amer_—5
203/4 Jan
16
273/4 Jan
27
15%
Oct
323/4 Aug
6'A Jan
3
73/8 Feb
8
6%
Nov
143/a
Feb
Jan
13
Oct
83%
Feb
Co
Aviation
13
134
70
100
($1.20)
20% Feb
132% Feb
23
17
No par
prior pfd
Autocar
43%
44
Conv
3,100
y
13
20
22
No par
Austin ^Nichols—
700
-25
Aug
Jan
100
Corp
30
323/4 Jan
B—_100
preferred
Oct
Jan
„_5
122
*23%
17%
23%
A
series
12
62
'
25
Corp
36% May
> 25%
it
,
Feb
Dec
14% Jan
,_100
Atlas Powder
25%
93/4
preferred
1,170
17 Va
*16%
3.60%
65Y4
10%
10
300
Atlas
25%
93/4
1
—
4,200
10%
17%
10
Lines.}
preferred
May
112%
Nov
18%
47
No par
Atlantic Refining
4% conv pref series
520
)
non-cum
105
—10
65
Sep
102
Jan
853/4 Mar 11
100 >
42%
♦ per share
Feb
•
461/2 Jan
,100
—
*
& W I S3
15% Jan
..No par
Fe__
>
Inc—
Atl G
4,000
1033/4
Co
preferred
22 %•
26
17%
25%
23
Investment
Topeka & Santa
5%
34
*120
25%
■
123
1
:
16
Jan
122
100
65%
122
13
100
22 %
66%
17% Feb
Dry Goods.;
preferred
T F
A
500
HO'/a-
*103
4
14
No par
Atlantic Coast Line RR
76
*111
7
17
Jan
preferred
5%
.5.800
51%
33%
63%
1,200
155/a.
30%
Jan
Feb
19
2d
Atch
7.300
!i
53
111%
103 %
87%
106
15%
76
Corp
55
110
,
Highest
$ per share
3
103% Jan
5
1st
Assoc
$ per share
153/4 Mar 14
No par
•
Year194G
Lowest
Highest
*
-
7%
52
51%
Lowest
6%
10
50%
89
31
*70
*49
106% 107
50%
X15
u
Arnold Constable Corp
129
31
,
600
128
*127
*49
»
.
Associated
17s/8
*125
129
50%
Y
$3.75 preferred
16%
127
52
33%
■":
100
''
"':
Range Since January 1
•
-
Par t'L, $ per share
Armstrong Cork Co-«^»L.*--^No pof
.,47% Feb 20'
4,200
105%
127
31%
*111
.7
153/4
*128
*29%
52
*105
129
*49%
■
Shares
50%
128
15 %
*16%
16%
50%
Range for Previous
STOCK
EXCHANGE
163,4
1414
17
i
503/+
.1106 :V
*105
163,4
*16%
16%
50%-"
NEW YORK
the Week
S per share
*127
85%
106
15%
,50%
*105
16%
14%
tper share
Sales for
?<}
*127
88
v106
106
493/4
/106 >
16%
r
129 %
,
t per share
60%
14
\
17%
128%
*127%
16%
129
129%
Mar. 14
*105
17%
14%
*128
Friday
Mar. 13
49^
•
16 Va
141/4
*127
Thursday
Mar. 12
Sper share
50%
50%
50%
Wednesday
Mar. 11
S per share
stocks
v-
Tuesday
*
Mar 10
Canteen
Corp
of
of
Co
(The)
Dei
3
preferred
conv
No par
43
.
49
Feb
41
8
233/4 July
Jan
373/4
i
B
21%
21%
14%
14%
20%
20%
14%
21
14%
21%
14%
14%
13%
14%
20%
19%
20%
14
14%
64%
48%
25
26
•,.25
*14%
14%
14%
14%
21
20
14
201/4
21
14%
*50
50%
50%
21%
19%
19%
21
21
106
106
*34
*133/4
l23/4 Jan
13
*65
100
60
Jan
13
49%
49%
2,900
Barber
Asphalt Corp
10
48
Mar
26
261/4
26
26i%
253%
253/4
1,700
Barker
Brothers
10'
501/a
*50
Barnsdall
26
22%
18%
19
20
20%
X49
36
34
112
15%
15%
15%
15%
15%.
21
20
106
15
20
*104
1,500
Bath Lron Works Corp
201/4
20%
20%
20%
20%
4,300
Bayuk Cigars Inc
49%
49
49%
49
49
500
Beatrice Foods Co
w
106
104%
304%
*106
107%
106
106
100
10 %
10
10
2,800
Beech
112
*34
36
230
Beech
Creek
36
114%
*15
15%
*15%
15%
*191/4
19%
104%
114%
19%
104%
*1043'a
106
*15
113%
15%
155/a
35
35%
'34%
35
335/a
34%
25%
25%
26
25%
25%
102
*99
*99
v
102
31 %
31%
30%
23%
23%
23 %
90 %
147
*58
*16
237 a
23
91
*58
V
*144%.
60
17%
*16
16%
33%
X31
32%
23%
17%
24%.
45%
45%
17%
A
18%
59
23%
46%
46%
*16
16%
♦34
36
v
34%
52
*51%
*106%
31
'52
52
57
31
43%
43%
44
16
17%
24
24%
241/2
24%.
46%,
15%
153/4
*15%
32%
33
*32
22%;
,21%'
213/4
-
467/a
*46
46%
153/4
„f
15%
*33
36
A
5%
>5\
36
11% 31246
11%
*51
52
-
31
30%
30%
303,8
43i%
44
S:
43
•
43%
43%
"*97%
100%
11%
>80
11%
98%
>
f
*4%
*4%
36%
12
12%
98%
*75
96%
121/a
-
123/a
-
•
44%
;
*108%
*108 %
23%
22%
*33%'
25
:
25%
16%
I6Y4
123
121 %
24%
2434
2434,
15%
16%
13%.
16/8
121% s
12 J/4
121 Ys
122%
122%
12%
123/4
12 Ya
127/a
83Ya
,
83 Ys
84
84%
*27
*
:•
27
27 Ya
112
106 %
32 V
317/8
"
12 Ys
>
Bohn
Bon
56%
19%
1-9
102j/2
102Y4
*96
100
:
*90%
93%
14%
■
7%
101
v
2V/o
*105
I
22
.
♦
17%
23
23
*94
32
973/4
43/4
92%
14%
.
100
*90'/2
-
12;
Boston'&
800
Bower
3,500
•
92%
8
73/4
101
'
105 y«
5%
23
•-
16%.
16%
84
400
';
1051/4
*105
•
2,200
23
23
7Y4
32% Mar 13
173/4 Jan 16
38% Jan
31
34
/;
Mar
24
59
Feb
11
42
Jan
101
Jan
52
Oct
Dec
73%
112
Jan
13
35% Feb
23
493/a jan
42%
Sep
3
49% Feb
36
Nov
97% Mar 14
—100
? 99% Jan
99
Dec
4% Mar 14
6 % Feb
,
Jan
27% Nov
31
3.
43/4
34% Jan
2
39% Feb
1
30%
13% Feb
21
12
i
Dec
Jan
24
Jan
3
14% Jan
3
18 % Feb
27
13%
Sep
203%
Feb
33
3
40% Feb
11
30%
Oct?
53%
Jan
26% Jan 14
31% Feb
10
23
Oct
42%
Jun
•
Jan
2
May
Apr
I
No par
"
^_2.50
common.
Jan
96
423/4 Mar 11
63
No par
\
com
225/s Mar
...
15
283/4 Feb
7
5
14
1043/4 Mar
23% Jan
No par
—
16
27% Feb
Nov
25>
31%
103
7
95
Jam 1
105
36% Jan., 7
Jan
102
35%
:i083/4 Feb 25
32% Mar 14
No par
—
Jan >
-
70:
115
.
Oct
387/8
Sep
'
3
Oct
20%
Bush
105'
5
18
17
17*/*
97 Ya
977/s
98
•*98
99%
23%
23%.
23%
23%
1,600
23
:,
z_i
100
preferred-
'
Apr
70%
Oct.'
99' > Jun M
17
96%
Dec
18
18%
Nov
33
>25%.
38% Feb
10
22% Feb
16
17/
1043/a Feb
2 '
f
22%
23
'
{
Feb i
130
Oct
307/8 Feb
'
i-iij
.25% May
/
Jan
18
86% Feb
j
38%' Apr
-
Sep
;
9%
23% feb
9.5 V2 Jan
160
89% Jan
100
Oct
Jun ,1
45%
Feb >
108% Mar -1.
•
46 7/a- Juh :
f
Nov
59% May
t
18%
Oct
26"% July
f
953/4
Dec
111
84 %
^
15
100
3
Feb
5
13% Jan
16
6% Jan
14
90
Dec',
HO3/* May ; 1
102% Aug i
21%' Jun >
•
: Mar 12'
•
95% Jan r6
97
Dec
15% Feb
13
Nov;
8
9% Feb
63/a Nov
8
Mar: t
79
Jan
6
101
Feb
13
80
Feb
18
88
Jan
22
21
Fet); 26
24% Feb
7
105
Felt 19
j
common. —10.
preferred
.
—160
:
5
Participating preferred
108% Jan
-
43/4 Jan. 27
No par
15% Jan
100
96
Bjrroii Jacksott Co/—.jyopaf:
1
Feb
—
Jan
3
253A Feb
20%
105
10
10
6
Jan
;»
100
Apr
I.
Oct
98
May
Nov
39% May
*■':
Sep
110
:4% Oct ,<
15 •: Oct
99 % Oct: ;
8
104
! .^2 / Feb 26
.
4
Feb
21% Feb
16 '
■
—
15%
Dec
75
100
preferred—100
Copper & Zinc
Byers Co (A M)
/
=
120
7
-
1017/s Jan
17V2 Jan
-
No par
1
Butte
800
>
14
6
Feb
147/a Feb
7
Jan
99
3
_1
preferred
4% %
2,400
100'
5Va
123
2
19 3/4 Mar 20
31J/2 Mar 11
100 >
com—
10
18% Feb
16
Jan
Jl%Jan 13
72% Jan 15
paf
Co Inc—
2nd
conv
Butle? Bros
120
5
.15% Jan
120
No par
Terminal—
6%
2,500
—5
-160
Bush Term BIdg. 7%
10
18
5%
1
.No par
common
's
459/s May
110% Mar
Oct
:
Dec
"
3%%
'
/
No par
—'No
Watch
i
4
•34%. Jan
No par
Buff Niag El Corp $3.60 pfd
Bullard Co
410
>"■
■
21
105
(The); Co
4
Jan;
35 %
Dec
72
Jun
11%
Dec
16
Apr
6I3/4
.
" 9% Jan
95
;
?
1073/4 Aug
.
Sep
5
15
Jan
Apr
f
57 %
2.50
,
89% July
48 % May
40% Jan
43
7
.
66% May
35
Mar
Sep
67
Feb
Jun
18% Aug
Oct
116'
Mar 14
29
18
23 % Feb
16
Feb
Apr
May
58
NoV'
15
48% Jan
t
3%%
preferred
Burroughs Adding Mach
1,500
82
5
23 J/#
14
—15
>•
1011/4
.
•
100
6.600
18
*97J/2
Sep
Sep
3
(assented)_10Q
Burlington Mills Corp
y* 4%. preferred
230
5
97%
Oct
37%
173/4 Feb
.—.51;
Co
preferred
7%
Bulova
16,000
14% :
*7%
21
■
92%
*80 J/4
105V4
-v
17
•
97%
23
*105
18%
24
153/4 Mar 12
56
Inc
19
49% Feb
preferred-/.-/-----—-_IiQfl Y "l06% Jan? 10^
Co
263/8 Feb
?
Buffalo Forge Co////—1 >26% Mat ll f
„
19'
*101
21%
13
13.
No par
$5 preferred
1,100
102
8 ?
101%
21%
20% Jan
104
Bucyrus-Erie
v
300
Y
'• 103
14
2LJ/2
66
42% Jan
5
Stratton
Shoe
Budd
390
27%
*90%
82 V1
5 Ya
18'
7%
3
Bearing Co
$3.6Q preferred
/
21.700
102
*95
*791/2
*101
Feb
No par
Bruns-Balke-Collender
180
12Y4 '
14Ya
82%
13
A_^
Brooklyn Union Gas
.
10,200
-
122
l8Ya
92%.
!> 101%
53% Jan
313/4 July
•'??•.'v
*102
103
>
&
Brown
1,100
313/4
21
105%"
,!
47/a
173/4
7%
14
168
Brass—Y——5
RR
Bristol-Myers Co
9,800
24%
3IY4
♦79
21 Ya
*105
18
98
Briggs
200
32%
197/a
*90i/2
Dec
No par
Brewing Corp of America
/Bridgeport Brass Co^—
Briggs Manufacturing.
300
20
*101
82%
21
14%
7Ya ?
>
101
82%
21%
*97%
77/a
101
84%
14
143
common
Maine
Roller
.13% %
23%
*26%
'
21%
v:
33
*101
103%
*97
27
Braniff Airways Inc—•
.
96%
19%
1031/4
Jan
No par
■
300
12%
27%
19%
103 J/4
150
No par
Co (The)
Borg,-Warner Corp„__—
3% % cum preferred
100
.36
20
X31Y4
11
145
i
Bond Stores Inc
84
:
101'
20
19.
18-Va
100
'Wte
5»/4
^
*26%
101
20
•T103 J/4
*?
99
*90%
>18
98
98
29
101%
Jan
Borden
*120
127/a
84
1143/4 July
2.50
B
4,500
104%
>
&
class
3,900
241/4
1223/4
12%
84
313/4
^ •
143/a
*105
5%
17%
19
103%
92%
*82
105%
v5%
18^8
100
? 101
84%
Xl21
12Ya
84
*27
3lYa
*102
103%
'
123
12 Ya
84
193/4
*90%
i
7%
101
*82
*121 Ya
j
*101
14%
>73/4
14 Ya
Class
Co
2,500
32%
16%.
NOV
1
Aluminum
Ami
42%
23
Xl6%
Inc
preferred^
301%
♦104%
16%
20
31%
19 y*
-
*95
v
230
'
31%
*102
19 W
23%
34
16%
85%
Co
conv
44:
43 ?
104%
•/.
Feb,
4
Boeing- Airplane Co—
100
*70
243%
101
20
21
31 Ya
>
>108% 109%
243%
Carp
Laughlin Inc
Bloomingdale Brothers
150
12 ;
24%
22
Feb
&
50
4%
24%
27 >
101
'23%
104%
(E W)
$2.25
105
36 fri
i
83%?
'26%
101%
*20
123/4
83
'mmi
*101
;
20% :;20%
300
3,100
*33
6
99
No par
97%
43%.
341/4
26 % Jan
16
100
Co
42%
*1081% 109%
23%
13
893/8 Jan
preferred
Bliss
9,200.
43
24%
■
■■■■■•:
3,900
104%.
52% May
21% Jan
No par
__
33% *Jun
273/4
23%
(Del)
900
6,200
*331/4
36% May
112% Aug
700
5,700
! 104%
Dec
29% Nov
4,300
17
341/2
Sep
96%
21
16
35
23%
24Ya
17
35% Jan
46%
16*%
104%
28% Jan
103% Feb
7
3
Jan
83%
27 V
'
_1
Apr
Jan
>
58
30%
34%
22%
Mar 14
30% Mar 10
99% Feb
par
37
112
Oct
46
27%
104%
25
Oct
Dec
Oct-
173%.
*33
283/4
Nov
353%
'
7
Nov
173/8
33%
39% Feb
15.%
271%
104%
33% Mar 11
16 3/8
•102
31
35%
33%
3
Bliss
27%
24
23 4'
6
2
105% Feb
23%
35Y4
104%
34%
105
Nov
18 % Jan
24% Jan
2
53
30%
96% >:
*43
15%
Mar 11
19% Mar 14
283/4 May
35% Jan
6
17%
-
Oct
10
271/B
43Y8
15
23
"35%
109V2 '
13
18 % Jan
Xl7%
43
173/s Feb
Apr
36
Jan
x203% Feb
27%
*108
101
l63/4 Mar 14
17%
35%
42.3,4.
4334
*108
109%
Jun
14
153/4 Mar 14
271/8
.
142
Jan
Mar
30 % Mar 11
34%
110
Jan
Oct
116
Mar, 1
30%
Blaw-Knox
17%.
44%
44%
45
43
17
Birmingham Electric Co.:— .No par
Black & Decker Mfg Co^!
No par
28%
"
30%
Oct
Feb
1,500
17%
'36
28
•
108%
*104
♦
17%
85%
36%
26
27
110
Nov
40
4,100
'
17%
167-8
36
i
Feb
ill
Jan
_1
43%:
.
36
*70
Nov
104
12
301%
5%
36
111
108% Feb
17%
56
44
5
36
105
42%
43Y8
:?„ 44%
*973/4 100%.
44%
110% Jan
7
16
Jan
Nov
73
May
1183/4 July
Jan
15
Feb
24%
Sep
46%
563%
31
46%
May
:
393/4
23%
/:•••
*49
56%
Jan
103
No par
of 1946_No
ser
Bigelow-Sanford
105
571/4
Feb
62
May
31
„
30i%
"
52
107%
56 34
100%
-5 v-',V5 >
>36
,36%
5%,
;;
105
*104%
57%
*97%
36%
*85
96%
*50
53%
106
43
100%
•37%
22
21%
215/a
24
Mar 13
Jun
•V16%
>■
303%
'
•
1
Loan__i
Steel
700
33%
22
16%
,
Mar 11
May
57
r
Sep
18% Dec
21 % Oct
15 % Mar 14
100
—
100
57%
15%
173/4
43%
:•
*95
573%
15%
a
301/a
30 %
31
43%
*97%
•'
58%
7%
Oct
21
19% Feb
112
10
Co
Bethlehem
48%
243/4 Feb
33% Mar 12
5/
pfd $3.25
&
54% Jan
8
16
Feb
91/3 Jan
No par
Best Foods—/.
146%
16%
57%
•r45
100%
37%
'
s/8
*51
57%
31%
'
*57
*145
18"
36
106
't
44%
rv
1461%
24
*33
*106% 108%
%
43%
*5
4,200
13,000
31
16
20
44%
*97%
22%'
90%
16%
46
,
.
59
22%
89%
17%
16
21
'20%
108%
59
23%
"
20%,
Cum
27
105
20
Co
Best
Dec
xl03%Marll
50
:
Beneficial Indus
25%
1
preferred...
1,800
-
30%
92
*145
Howell
27% Feb
Feb
49
100
Bendix Aviation
91%
60 :■;«
'
' 20%
.
102
303%
&
4%%
13
64% Aug
41% Jun
69
20
100
preferred
RR
3,300
25%
*95
303%
Bell
.
88%
50
25
pfd
conv
43/4%
6,000
■
3034
.46
34%
35,
16
23%
17
25
cum
Shoe
Packing Co
Belding-Heminway
Bell Aircraft Corp
20
23
1461%
♦58
•
*16
921/4
700
30%
17%
16
30%'
>17%
23%
.■23%""
*145
146%
>57
16%
*•'
*33
2234
,
1,400
106
33%
102
303/4
91 %
23%
91%
15%
19%
19%
*104%
35
*98
31
'400
25 %
*25
Y 102
301/4
/
800
15%
15
19%
106
34%
25s/a
*98
31
90%
146%
*144%
60
30%
353/8
*25
102
31 %
90
91Ve
>145
*99
34%
•
113%
15%
16
■••
25%
1
Beech-Nut
*34
112
Beck
30
Apr
215/a Mar
Aircraft Corp
33/8%
110
Oct
Sep
363/4
173/3 jan
No par
-.
*104%
9%
123/4
66
55% Jan
1
_■
Jan
3
5
105
19%
*104%
Oil Co
107%
15Y4
•
19%
105%
9,900
19Y8
15%
15%
.
22%
19%
16% Feb
Jan
38%
213/4 Jan
>
50
22%
195/a
9% it 9%
35 -f
33%
113
15%,
preferred
22%
19%
103%
34
112
4'/2%
22%
%
*106
9%;
*34
50%
50
prefer red—
5%
19
*49
104%
*107
Conv
223/4
20
50
9%
*50
Bangor & Aroostook
40
191/2
107%
15%.
*20 V
%
50%
500
143/4
223/g
•
*106
10
15%
*104
*50
50%
Xl03%
36
113%
47%
14%
'
*111
30%. Jan
Oct
50%
107%
9%
17% Nov
11 •
Oct
18%
67
*106
;
16% Feb
*14
66
243/„ Feb
25% Feb
x50
21%
.
(.
13
13
*65
107
,
13
Jan
14%
*105
10
9%
i87/a Jan
13
18Ya Jan
48 34
20%
*49
13
100
100
;
66
511%
20%
50%
Works
Ohio
&
preferred
483/4
*50
221/8
18%
107
4%
*641%
~
22
18%
*49%
Baltimore
66%
26
21%
*105
Locomotive
48%
•
*50
•
Baldwin
48
66
48%
25
21%
*65
65
48%
20 34
20%
3 *14
48%
*64%
21
20%
/
19% Nov
May
V
9%
Jan
t;
35%
Feb
j
112% July
40
;
,
May
■
,!
LOW AND HIGH SALE PRICES
-'
.
Saturday
Monday
Mar. 8
Mar 10
t per share
Tuesday
♦ per share
*28 3/4
*54
29
54%
28%
29%
*54
Mar. 11
Wednesday
Mar. 12
f
I per share
•
28%
5434
*54
3%
3%
3%
3
3%
7%
7%
7%
7%
7%
7%
27%
28%
27%
273i
27%
27%
15%
*120%
♦45
15%
122
47
15%
I 15
1203/4
*45
47
*23%
24%
*23%
12%
12%
123/4
*65
67
*12%
13%
*56
57
*116
118
*64
r
121%
'
45
23Y4
12%
54%-; >
15
121
12%
65%
*63%
*12%
13%
*12%
57%
*56
117%
*117
65%
36%
35 3A
36
35
35
45%
45%
45
45%
17%
17%
17
17%
63/4
-6%
6%
-
For footnotes see page
6%
*6%
1471
.65%
13
17%
37%
223/4
58
117%
38
.
7
34Y4
•
17%
38
*6%
27
118
28%
-54%.
3%
7%'
27%
>28%
:
*54
26
15
6.200
34%
17%
j
63/4
"California Packing
5% preferred
Callahan Zinc-Lead
Calumet & Hecla
>
8,100
y
t. 450
*45V8-
47'
23
23
*22%.
23%
12%
12%
12%
22,500
117
35%
*45
17%
*37
6%
65%
13
65Ya
65%
*12%
56
117
35Y4
*45
39
-.
...6%
$3
90
351/4
-
"
*37
6%
.
6,900
38%
1,100
—6%
1,000
22
Copper—5
Lowest
sha/e
Jan
16
273/8
8
7
>
Oct
3
•-
Sep
6%
1
Oct
••,: 473/4a Apr:
58
12Y4
•
153/a Feb
Carrier
1
Corp
Light
Co
Co
—
Preferred 4%
Jan
13
series
Carriers St General «orp_/
43
17
Jan
16
143/4 Feb
57 Y2 Feb
18
513/4 Nov
X
Jan 20
56
- '
10
50
I
-
Mar
1
34% Mar 12
45
128
Jan
112
-
Dec
39%
61%
%
t
»
Feb
?
V>;73% Apr.' i;
-21% May
;?!• 59% May Y
137'
May ;
Nov
24
r
22 Ys
13 Ye
41'% Feb
3 'V
Jan
Sep
18
13
May
58
38
19 % Feb
Jan
-
,-25% Dec /
39
13
Jan
Sep
.
2
50 % Feb
6
Oct
•
7
13
36
,
I2Yir Oct
50
:
! 9
39 V4 Jan
-
Jan
14% Jan
•*
Oct
«
•»■
Jan vf/
147
•
Oct
11%
>:
Apr
i'40% May
'..•■;- 18.-' July
/Nov
24,.Dec
655/a Mar 14 >
Jan
12
52
5
—
<
--
13
A—I
Nov
113
?
?>.7%»Feb
Oct
127/a
18
10
■;
&
>483/4 Feb
20 3/o
.V
10
12
25
100-116
Steel
10
Feb
25 Ys Feb- 20
100
Power
Carpenter
7
17 % Feb
132
,
22% Mar 12
No par,.
-
Administration:-class
preferred A
303/4 Feb
15v
14% Jan ? 3
Y.ilS - Mar 13
100-v-,45-vMar 11
Ry Co
1
Breweries- Ltd—NO1 par
Mills
.
24% Jan
>
,
I per share
Dec
53
-
29
8% Feb
16-
Highest
#' per share'
5
Jan
3'Yb Feb
x55
Jan
7
-
per
29 Ya Mar
3
Carolina Clinch & Ohio Ry.i
400
1634 • 17%
S
16
53 / Jan
Carolina
2,000
46 34
Cons
Southern
Cannon
Capital
'
277/8 Jan
50
Canadian Pacific Ry
~30
117
35
46%
17%
Canada
100
56:/
No par
Campbell W & C Fdy
.No par
Canada Dry Ginger Ale Inc__1.66%
$4.25 preferred
No par
Canadian
13:.
56
117
30
:
$ per share
i—1
-vf
Year 1946
,
—
600
12%
*64
Range Since January 1
Highest
Lowest
1
:
Range for Previous
•
'
2,900
143/4
119
/%./■/ ■;. >•
STOCK
Par
6,500'
26a4
14%
*115%
V.:-
./V-J^v. EXCHANGE
2,500
7%
7%
>. /•■.
-
Shares
3f
■'
119
->
28%
54%
3
NEW YORK
the Week
/
47
56
46 34
38
3
*7%
*12%
117%, 117%
*45
*54
f per share
♦45
12%'12%
*64
28%
Sales for
Mar. 14
• per share
14Y4
'
47
*12%
46 %
39%
■
15
*56: Y
36%
39%
,
22%
•
28
119
57%
17%
40
xl4%
Y 7%
13
-
*44%
40
3%
xll9
*45
28%
54%
7%
27%
-
23
123/8
*56
116
r
45
'
23
'
*54
»/3
15%
121%
28%
•
Friday
Mar. 13
tper share
29
3%
Thursday
..STOCKS
34
Dec
'
Jan
•
Jan
•
Feb
•
:
34%
Nov
60
6%
Oct
10%. Jan y-
••
•
7% Feb Y 8
t
r
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4577
165
1463
STOCK RECORD
•
STOCKS
LOW AND HIGH SALE PRICES
Monday
Mar. 11
Mar. 8
$ per share
35 %
X35
152
•'59
19
36%
*147 %
150
19%
59%
59%
Xl8%
19%
107
*105%
106%
147%
107
*144
147
29 Vs
29%
29%
*21%
21%
106%
*144
147
19%
29%
29%
29%
29%
21%
21%
21%.
21%
V 200
21
21%
21
21%
21
21%
21
21
21
^21%
21%
21%
21%
31%
21%
21%
10 %
11
10%
10%
10%
11%
10%
11%
11%
11%
10%
11%
10
10%
10
10%
10
10
10%
10 %
10%
10%
10
10%
114%
*114
114%
*113
114
114
*92
94
92%
93
*92%
93%
*92%
93%
*92%
10
10
*9 %
10
*9%
9%
9%
9%
9%
31
31
.
30%
30%
13
/.
12%
12%
31
31
*12
%
12%
33 %
*12%
33%
16%
16 Hi
30
*28%
29 Hi
500
Central
13
12%
12%
800
Century
32
32%
32 %
32%
17
17%
17%
17%
16%
27
27
26%
26%
26%
26%
26%
24%
22%
22%
23 %
23 %
22
23
110
*103%
110%
16
15 %
16
16
16
*15%
16%
:
17%
109
109%
103
16%
16%
1,000
28 Hi
28 Hi
Y
47
47 Hi
19,900
5%
2,300
29%
30
20%
28%
29 %
29
29
29%
29%
50
50%
49%
50%
49 %
49%
48
49%
47%
48%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
Checker
900
9%
9%
9%
9%
9%
9%
9%
9%
7%
7%
7%
7%
7%
7%
7%
7 Hi
7%
7%
10,000
7
7
6%
6%
7
7
7
7%'
13
13
13
13
8
8
*13
13%
*7%
10
9%
13
13
8
11%
7%
8
7%
7%
5
5
*4%'
5
5
5
*4%
*4%
4 Hi
4%
1,000
8
8
8%
*8
13%
*12%
13%
13%
5%
900
7
*6%
7
5
l,O0Q
400
'
-
11%
12
11%
11%
12
11%
12
11%
11%
33%
33%
34%
33
33%
33
34%
33%
34
33
33%
6,100
22%
23%
23%
24%
22%
23%
23%
24%
23%
24%
23
23 Hi
Class
48%
48%
48%
48%
46
47%
46%
47%
47%
48
46%
47
3,100
25%
26
25%
26%
25%
26
x25%
26%
26
26%
251/4
26
*55
5 >3
55%
55%
*54%
55%
*55%
58%
*55 %
56%
*55%
56
*55
56
*55 %
56%
Class
.
6%
*41%
43%
*41%
43%
*41 %
43%
97%
94%
96%
93%
95%
96
28'
*107%
28%
27%
110
28
*107%
27'%
93%
27%
27%
110
*105
110
30%
*42 Hi
43%
94%
96 Hi
*105
27%
27%
110
*105
25
25
25%
25%
41%
41%
40%
40%
40%
42
30%
30%
30%
10
*10
*91
96
18%
17%
18%
18%
18%
*30%
30%
*10
10%
*91
96
17%
18%
27 Hi
5,400
110
*105
Cinn Gas
41%
40%
41%
4,700
C
1,700
31
30%
31
*10
10%
*91
96
17%
600
3,400
I
T
City
City
102% July
23"% Jan
City
Feb
4
12% Jan
31
89
Jan
8%
18
Jan
35 % Mar
Jan 23
Mar 11
.
Nov
42%
11
Dec
24
Sep
51%
3
14%
Jan
25% July
7
23%
Nov
43
Feb
10
21%
Nov
llOHi Jan
23
20% Feb
13
27
108
Feb 11
15% Mar 11
105
Jan
Oct
32
Apr
12%
30Hi Mar 10
17% Mar
48%
Oct
4%
Oct
9% Mar 13
12% Jan
1
50
__50
7% Mar 11
6Hi Jan 13
12% Jan 16
A-25
7% Mar 11
4% Mar 13
No par
&
53 Hi Feb
Feb
86
Jan
24%
40%
30%
9%
No par
No par
_5
Jan
5
Jan
43%
Jan
17
76%
Dec
11
55
Dec
11
14
Dec
Feb
18
14
Oct
Jan
59 Va
.
Feb
37%
-
Nov
45
Jan
67%
Jan
25 %
Jan
25 Vb
July
'
21
1
6% Dec
36
Sep
6'
42% Mar
75%
111
Feb
20
28
Feb
Sep
,53
18/
21
36%
Oct
14
27%
Sep
11% Feb
10
9%
Oct
6
88%
Dec
18
15%!
Nov
.
Jan
30%
>
Nov
30
May
.
141
Dec
32% Feb
/
108
48 Va Jan
6
Jan
15
Oct
21%
105% Feb 11
29% Jan
6
Dec
114
Feb
38% July
58% Apr
'
16
94
84
Jan 28
15% Jan 16
100
Jan
82%
15% Feb
14
16
13
Mar 11
Jan 13
38%
15%
6 Y
7% Mar
Jan
Sep
Sep
30%
v
15% July
11% July
'
56 % Feb
13
Jan
Feb
Oct
55% Mar 14
27% Jan 27
108
8
% Mar
33%
'/
Sep
Sep
34% Sep
13
28
Oct
7
11 %
7
16
Jan
14% July
17% Jan
■■
3 Hi
21 /
40
Co__10
Fuel
11%
4
27Ha Feb
5% Jan 25
8.50
Investing Co
preferred
Stores
7
30"
6 Hi Feb
38% Feb
_5
Corp
15% Feb
Jan
Oct
14% Feb
Jan
15% Jan
10
Machine
Nov
5%
18%
26%
"
Oct
7%
13
13
Jan
25
Milling
9 Hi
2
1
10% Jan
20% Jan 16/
54% Feb 24
54% Jan
9
14
Jan
2
No par
common
29
9% Jan
8% Feb
41% Jan
:
25% May
66% Jun
•Z
"
3 v
17% Jan 13
11
31
,
No par
div
2
73/e Feb
Oct
114
54% Jan
3
47
Jan
25 %
Sep
Mar 14
5% Jan 13
Jan
Feb
May
Jan
28% Jan
13
Mar 14
23
Jan
3134
6
21% Jan
Apr
13% Jan
Sep
26%
30
14% Feb
22
Oil
Financial
Ice
Feb
95
33
26
5% %
—
17%
17%
17%
116
Dec
100
Cincinnati
10%
Jun
No par
& Elec
1,000
96
110%
116
3
13
17
Preferred
■
—
25
*9%
4
90
Jan
8% Jan
13
Co
24%
30 Hi
Oct
Sep
Jan
Copper Co
Chrysler
Com)
28,800
Jan
17%
8%
Jan
Chile
—
93%
Cotton
25 Hi
*91
18
27%
27%
40%
10'
30%
9%
*91
92%
110
*25
96
30%
10%
96
43%
*43
29
20
Jan
Jun
9
No par
96%
tChilds
July
2
100
$3 conv preferred
•
—
23
2
No par
Tool
1,000
25
10
Pneumat
6%
25
*91
100
Sep
Sep
14% Jan
100
61/2
42%
42%
Chicago
20
Jan
10% Jan
29
11%
31%
16Hi
preferred
6 Hi
25%
*25
Northwestern
5%
38 %
8
100
preferred
&
•
109%
161%
Jan
9% Jan 25
112Hi Jan 13
No par
A
43%
*42
10% Mar
No par
Series
*6%
6%
*6%
2
21
5
Chicago
18%
6%
6%
Jan
21% Feb 14
22% Feb 19
25
Chic Milw St PI P vtc
1
Pr pf
($2.50) cum
Chicago Yellow Cab
Xl3%
14
Oct
22%
138
No par
;
Chickasha
15
18%
6%
B
500
*14
18%
24
Corp
800
14%
19%
32% Feb
Va
Co
19%
56
*14%
*18
6%
of
14%
*55%
15
20%
6%
r
Corp
141/s
58%
14%
20
16
1
Mfg
*17%
*55%
14%
*55%
14%
58%
14%
20
14%
*18
Sep
26% Jan
20% Jan
81% May
23% Sep
Nov
104%
(The)
Chicago Great West RR Co
:
5%
preferred
Chic Ind & Louis Ry Co cl
5,000
58
18%
6
22
A
Chicago
9,100
*55%
6
Jan
No par
1.25
Chic & East 111 RR
16,400
12
33 JA
11%
21% Jan
Chesapeake & Ohio Ry
2,800
7%
10
Jun
' Jan
40
Chesapeake
7%
10
Cab
55
183
150
No par
Co
preferred
$4.50
Nov
54% Nov
108 % Jan
Products
Champion Pap & Fib Co
fper share
Nov
153
7
No par
Copper
Chain
150
13
17
No par
No par
1,200
110%
*109
109
8
17% Jan
Co
3,200
Belt
7
Feb
64
106% Mar 13
preferred__100
ser_100
Sugar
Mills
Pasco
Certain-teed
39% Feb
158% Jan
13
No par
20
4%%
Ribbon
Cerro de
16,400
17%
26%
22%
29%
5%
8,100
33
17%
Lt
Violeta
30
13
24
110
111
13
31%
17%
Central
31%
16
Mar 10
Highest
$ per share
Sper share 1
143V2 Jan
No par
Cent NY Pr Corp pfd 3.40%
fCent RR of New Jersey
600
15%
110%
10
400
9%
Lowest
100
preferred
2nd
'
93%
9 %
27%
•
1st
Jan
57% Jan
.
2,900
93%
93%
xl48
Central Aguirre Assoc
No par
Central Foundry Co
1
Central Hudson G & E Corp.No par
6,000
'
10
17%
•
700
5,700
:
T7e
,
30
30
*12%
33%
*114
114%
'26%
24%
*109Vs
*114
*23%
27%
23%
114%
32%
33%
33
17%
27 %
*16
115
*113
■i
34
100
preferred
Celotex Corp
5 %
preferred
v
11,100
29%
*21
*21%
$4.75
20
28%
,23%
S per share ;
.-..-.25
Preferred
Year 1946
Lowest
Caterpillar
Tractor
No par
Celanese Corp of Amer com.No par
18,200
145
144
Case (J I) Co,—..
60
3,700
106%
*106
147
Range Since January 1
Highest
|
Par
5,300
59%
18%
19%
106%
*145
Range for Previous
STOCK
EXCHANGE
Shares
150
59%
NEW YORK
Week,
35
150
18%
*105%
147-
*
share
34
60%
106%
19
106%
29
$ per
150
59%
the
Mar. 14
•
35%
35
150
60
18%
Mar; 13
Sales for
Friday
f
$ per share '
150
59%
18%
18%
*144
30
*146
60%
*105%
;
.
36%
35%
37
f 148
:
59%
>
Thursday
$ per share
share
37
X148
59%
*144%
$ per
$ per share
35%
*148
Wednesday
Mar. 12 "
Tuesday
Mar 10
Saturday
Mar
20% Feb
44% May
22
May
108% Mar
38% May/
'
56
56
55
55
*53
56
*55
57
55
55
*165
180
«*165
180
*160
180
*160
180
*160
180
*160
180
*90
95
*92
96
*91
95
*90
95
*90
95
*90
95
37%
74
72 %
109
107%
74
*107%
111%
111%
*111%
112
73
*
107 %
*95
98
*92
53 "
*50
53
21 Hi
*38%
*38Hi!
39
46%'/ 46%
*151%
109
"*92
52
X20 %
156
38%
44
44 %
*151%
*151%
156
*92
39%
44 %
,44%
*149%
156
44%
156
Elec
5%
Special
gtd
0
Peabody
Preferred
—
$ per
Sales for
Mar. 14
*150 V2
63%
63 Hi
49
48%
48%
48%
48%
100%
100 Vs
100 Vs
100%
*40 %
40%
38 V2
39%
39
14%
15
15Vs
15%
"15
19
19 Vs
19
15
15
15
14
.14
*13
15
,
*13
13%
14
*13%
47%
48 Vs
100
48%
99 Hi
48
99%
49
100 %
99%
*13
40%
15%
15%
15%
15 Hi
19
19 V4
14
14
14
14
'
14
14
13%
*
*13
14
*13
16
•
Class
48 Vb
2,900
100 /
380
39%
15%
1,200
22,100
19'A
Co
14
130
109
Sep
24
52
Sep
3
106
Jun
108 Va Mar
Jan
22
99 Vb
Jan
106
Apr
57
Feb'
18
56%
Feb
62
July
19%
Dec
44%
24% Feb
3
39% Mar 12
48% Mar
154
$ per share
144
' Jan
63
Jan
*13%
14'
190
—
No par
No par
Feb
7
152%
No par
12% Jan
20
18% Jan
16
.—100
12% Jan
16'
Colo Fuel & Iron Corp
5%
preferred
conv
cum
Southern
&
*13
14
*13
14
26
27
25 Hi
26
25%
26
25 Hi
26'
26 Va
27
25
25%
25%
25%
25 Hi
251/4
14
7
25 Hi
25%
3,800
25
25%
4%
1st
preferred
4% non-cum 2nd preferred
Columbia Br'd Sys Inc cl A
1,400
'
non-cum
Class
16%
20%
17%
17%
16
•;
12% Jan 16
12% Jan 16
25Hi Mar 11
100
100
2.50
10%
10%
10%
10%
10 Hi
10%
10%
10%
33,800
Columbia Gas & Elec
No par
32%
31%
31 Hi
31%
10%
31%
10%
31%
31%
31%
31%
31 Hi
3,900
Columbia
Carbon
19
19
19%
19%
19
19
18%
18%
18 V*
19
18%
19
2,100
Columbia
Pictures
Co
com
Feb 10
Feb 30
Feb
4
Feb 11
•
130
12
Jan
36% Jan
22% Feb
9
7
7
6
18
♦
Jan 16
Jan 13
86
85
85
85
85
*82
86
84
84
*83
85
300
85
Mar
46
45%
46
46
46%
46
46
46
46
1,200
$4.25
cunf pfd w w
No par
Columbus & Southern Ohio Elec—10
79
46
45 % Mar 11
50
Feb
43
41
41%
40
41
40%
41%
40%
41
39 Hi
40
3,600
Commercial
10
39 Hi Mar 14
47% Feb
112
112
100
Feb 19
Jan
3
3 ' Mar 11
116% Jan 16
111%
24%
24%
111
111
23 Hi
110
*110
111
350
24%
23%
24%
10,200
169,300
3%
3
3 Hi
3%
121%
121%
122%
123
122%
122%
31 Hi
31%
31%
31%
31%
31Vs
31%
30%
31%
11,300
13
13
13
12 Hi
13
12%
12%
12%
12%
12%
12 Hi
2,700
13
27 Hi
28
2 7 Hi
27%
4,300
34
*321/4
3
•
Vs.
27%
'
6%
*27%
28%
27%
27 Hi
27%
35%
27%
*33%
*33%
35 Hi
*33%
34 %
*33%
6%
6%
6%
6'/a
27%
27%
107%
107%
18 %
18%
18%
18%
13 Va
*13%
48%
49%
16 V4
16 Va
16 Va
16 Hi
25
25
24 Hi
17Hi
13
17
*13 y4
.
16%
16%
17
17
17
16%
17
8,000
Consolidated
24%
25%
25%
25%
25%
25%
24
25%
4,100
Consol
RR
17%
1.7%
17%.
17%
17%
*17 Va
17%
Xl7
17
1,100
Consol
Retail
•
37%'i
35%
106 Vs
*104%
106 Vs
41 Hi
*113
43%
43%
17%
xl7%
*104%
42%
*105%
*35
114%
42%
17%'
18*
>
35%
114%
,
114%
108%
41%
*106
*104
108
41%
41 Hi
*106
108%
36
35%
25%
113%
113%
60
43%
43%
3.900
17%
17%
17%
4,300
107%
105%
105 Va
.100
41%
9,000
43 Va
44
*17%
*104%
43%
18
108
-
41%
41%
108%
*106 V4
11%
11%
11%
11%
11%
11%
11%
11%
50%
50%
50% '50%
49%
50%
48'%
49%
10%
10%
10%
9%
10%
10
10%
36 V2
36
36 Hi
36%
16 %
15%
16
15%
*15%
16
50
*495/s
50
41
41%
107
*105%
11%
11%
48%
49%
16 V2
*15
{»
<
13%
*53
50
6%
pfd
1,800
Continental
2,000
Continental
IOV4
10%
10%
19,200
58
57%.
30
*103
70%
71%
71 y
*189
*189% 191
6%
3%
•'
:
•
V
37
36%
36%
5,800
Continental
16
16
16
3,100
37% Jan '
20
Motors
30%
103%
16%
14%
*14%
14%
*48
50
*48
50
50
50
13%
*13%
14%
14V4
14%
13%
13%
700
54%
54%
64'A
54'A
•54%
•53
54%
60
18%
18%
18 Vs
18%
17
17%
2,800
13%.
*53
18 %
18%
•
58
30%
*103
71%
70
190%
189
6%
6%
3%
3%
3%
16
\
58%
14%
56%
30%
31
103%
103
70%
190
/
'69%
57;
f
•
•
31%
57%
69%
70%
69%
188%
188%
7%
7
7
20
7H4
3 Hi
3%
3%
3%
35%
7
7%
■
z
3%
4,500
:
3%
.
Y
7
3%
36
.35%
35%
35%
36 Y
34%
*105%
106%
*105%
106%
*105%
106 Hi
*105%
106%
29%
*28%
29%
28%
28%
39%
38%
39
38%
39
52
51%
52
52
52
28 Hi
29%
YAA-
35%
107
80
4,400
4,700
7,100
■
,
'
29%
29%
29%
*29
36
' :•
/
Y
39%
40
40
39%
39%
38%
51
51
51
51
51%
51%
*51%
29%
30%
30%
30%
106%
106%
106%
*118
106%
107
107
107
29%
107%
107Vs
107 Vs
107
107
120
117%
119%
116
116%
*115%
117%
117%
U7%
120
4,700
69%
190%
189%
39
-
310
30%
102
*188%
189%
29%
29 Va
1,000
57
30%
*101
103
400
14%
57
31%
*102
70
*13%
57%
X31V4
103
>
For footnotes see page 1471
X29%
29%
29
29% / 29%
•'
.
*
_
—
_
Oil
1
9% Jan
>
14
15% Jan 23
No par
No par
pref 5% series
Cornell-Dublier Electric Corp
Exch
Corn
Bank
•
...
Preferred
Crane
•
Co
3%%
440
290
Wheat
Corp
& Seal
preferred
2nd
preferred
2
27% Jan 14:
Jan
3
69
Jan 18 -
5
103
2$
185% Jan
•
2
6% Mar 10
3% Mar 12
Feb
Feb
Feb
Jan
7
3
Feb
18% Feb
50% Mar
16
Feb
55
Feb
19
-
$ per share
200
Feb
Feb
69% May
Jan
63%
10% Oct
23%
15%
Oct
110
13.
Sep
12% Oct
Jan
24%
Feb
41
Jan
39
.
'
; 12% Nov
Aug
Jun
Jan
38
Jan
Oct
47
Jan
27% NOV
47
Jan
8% Sep
14
Jan
32 % .Nov
20
Dec
48
28
Z
•
Apr
36% May
78%
Dec
36%
36 y8
Oct
50 % Aug
Oct
59%
103%
Dec
19
Nov
2%
Jan
111
106 %
123
Apr
Jun
July
32% May
5% Jan
29%
36 V«
Jun
12 %
Nov
18%
Sep
24 %
Nov
33
r
Sep
Sep
Oct
40% May
55% May
5% Oct
24 Hi
Oct
105%
Sep
17% Sep
13% Nov
132
Feb
10%
Feb
36
Feb
109% Jan
25% July
23%
Apr
42% Jan
60
14% Nov
33%
16%
Sep
47
Jan
17
Nov
32
Aug
xlll
Dec
35%
Sep
12%
Feb
101
Sep
33% Sep
103% Nov
8% Nov
May
Jan
115% Mar
54 Va
22
Apr
July
109 Vs
Jan
53%
Jun
113% Mar
18%
Feb
63
Jan
8
Oct
24
Jan
2
33%
Oct
15
Nov
19
11
,3
7
5
7
32% Feb 19
105% Feb 6
75% Jan ?
192
Feb
7
8% Jan
4% Jan
60% July
Dec
Oct
10
20% Feb 13
61.
; Z
Highest
46% NOV
9
4
34% Mar 14
40% Feb 13
104
Jan
2
107
Mar 5
(The)
2 - 28% Jan 16 > 30
Jan 9
„_No par
37
Jan 16
43% Feb 8
No par
47% Jan 8
51% Mar 11
.5
28% Jan 16
33% Jan
8
No par
104% Feb 11
108% Feb 24
.No par
116
Mar 12
128
Jan 8
100
Crown Zellerbach Corp.
$4,20 preferred
$4
55% Jan
20
100
—__25
common
of
1
1
1
preferred
Cork
$2
50
100
Coty Inc
Coty Ihiernat Corp
Crown
6,200
Co
Corning Glass Works common
3%%
preferred
Cora Products Refining
Cream
800
Trust
14% Mar 12
48% Jan 13
13% Jan 15
54
Jan
7 ,Y
17
Jan
3
5
Conv
3,100
-
13
35% Jan 21
Steel Corp
Cooper-Bessemer
Corp
$3 prior preferred'.
Copperweld Steel Oo
7
13%
54%
12%
41
13
5
of
8
Jan
108
47% Jan 20
Del
700
Y
44% Feb
8
9% Jan
5
6
7
38% Feb 3
114% Feb 6
48
Feb 24
20% Feb 10
105% Mar 14
3
Mar
106
10
Continental
16Vs
15
50
35%
-
106%
'
/
36%
"*105%
36
35V4
58
;
16%
1
*49%
6%
7
3%
18%
57%
V
30%
103 Va
,30 V4,
37
30
Jan
1**% Feb
28
13
15% Jan 13
104
Jan 16
No par
Fibre
■
41% Jan
No par
Insurance
17
35% Mar 11
111% Jan 13
20
No par
Diamond
Continental
37V4
16% Jan
No par
preferred—.
11%
May
Dec
42%
2
147/8 Jan 2
30% Feb
8
35% Feb 11
7
Feb 7
29% Feb 3
108
Jan 30
20% Feb 13
-15% Feb 10
54% Jan
2
17% Mar 6
22% Jan 16
No par
$5.50
pBeferred
Continental Can Inc
10
14% Jan
1
1
$4.50 preferred
$3.75
46% Mar 12
100
Inc
Consumers Power Co
50
*11 Vb
Cuba
15
5
Aircraft—
Stores
13
13
21
15
1.33Va
Gas
Vultee
of
36%
-
Natural
33% Jan
13
13
2
14
13% Jan 15
No par
Container Corp of America
Continental Baking Co
100
107.
14%
54%
18H4
T8%
t
15 Hi
-
14
14
.54%
t
*53
*117%
2,700
„5
.No par
12% Jan
25% Jan
30% Jan
5% Jan
26% Jan
xl06% Jan
17% Mar
'
36
29 y8
26 Vs
113%
35%
*113
113 Hi
-
No par
No par
Corp
Corp
Laundries
16 Hi
17 Hi
*106%
Consol
Consolidated
17%
*103
100
3,300
17%
18%
2,700
14
Inc
$5 preferred
Consolidated Grocers
47%
45
13%
17%
30% Jan
25
Consol Coppermines Corp
Consol Edison of N Y
47
42Hi
10%
V4
17%
*13Hi
No par
—No par
115% Feb
3
25% Jan 31
4
Jan
2
123% Jan 29
22
No par
Co
Cigar
47%
114%
42%
:
Congoleum-Naim
47
v
Southern
Edison
Conde Nast Pub Inc
47 %
45%
106
14
14
18
18%
1,200
&
>
108
No par
.
preferred series
46%
114%
42
*13%
$6
Commonwealth
48%
45 V*
106
14
Commonwealth
47%
*114 Vs
*104
17%
18 Hi
4,700
14.000
107%
Solvents
25%
Va
36 Va
37
*13%
14
6%
27 Vb
107%
6 Vs
27
27%
107%
preferred
$3.60
Consolidated
107%
6%
27
27%
107%
33
18
6 Hi
6%
27 Hi
107%
49
123
*33
27%
13 %
:
6%
27%
34
107%
49
18%
6 Hi
31/4
123
27%
107 Va
3 Hi
3%
123
1073/s
28
27%
*107%
3%
3Vs
121
Credit
Commercial
3/700
31%
3%
121 Vs
31 Vb
50
111 Hi
24 Vs
24%
31%
3 V4
121
37
111%
23Hi
112
165
•
37
8
,
Jun
X99
13
43
23 Hi
;Y 60%
Oct
61%
10
46%
24%
Feb
/; 36% May
Jan
$ per share
16% Feb 4
32% Jan 21
32% Jan
46%
23%
May
—
Mar 11
25
No par
No par
*111%
Jan
77
Year 1946
10% Mar 14
31% Mar 11
2.50
B
10%
„
113%
Lowest
56
Jan
2
103% Feb
7
46
Feb 10
47% Jan 28
99% Mar 13
38% Mar 10
No par
Aikman
32
*84
:
24% Sep
39% Nov
6
$ per share
3
31%
•
,
165
Feb 18
65% Jan 11
4
No par
Colgate-Palmolive-Peet
$3.50 preferred-'
Colorado
Jan
Mar
Highest
No par
(The)
A
&
71%
101
Lowest
lO'/a
.
Jan
4
75% Feb
Jan 27
Collins
2,300
*13
-
26%
,
Feb
'108
Range for Previous
*
Par
Coca-Cola
14%
>
v-
27
26%
*26%
205
Jan
109
'
v
Sep
Range Since January 1
STOCK
EXCHANGE
600
19
14
19
*13%
*.
115 % Feb
Jan
147
Sep
39 % Mar 14
Mar 14
Coca-Cola International Corp No par
47Hi
99 Hi
19%
14
14
'
No par
100
NEW YORK
450
.
<
*38
40
*39
39 VA
19%
63%
*1000
*1000
39
19'
19%
*14
100%
150%
63V4
63%
63 Hi
63%
150%
152
152
155
*1000
*1000
50
Shares
Sper share
$ per share
$ per share
151%
44%
105
39% Mar 14
V
3
62
Jan 16
106% Jan 10
93
Mar 11
50
Mar 11
19
Jan 13
33% Jan 17
40% Jan 1$
50
1
17
178%
111
No par
,
-
the Week
63%
*1000
"
*1000
Friday
Mar. 13
151 %
.
63%
63 '
63
.
156
*152
155
63
Thursday
Mar. 12
$ per share
t per share
share
*152
Jan 28
STOCKS
Wednesday
Mar. 11
-
gtd
Co
&
Feb
38
stock
Cluett
Tuesday
MarlO
Mar. 8
4%
Climax Molybdenum
Clinton Industries Inc
1,900
.
Co-No par
100
Clev & Pitts RR Co 7%
62
95
—
No par
(The)
1
Graph Bronze Co
preferred
LOW AND HIGH SALE PRICES
Monday
Saturday
/.
Illuminat
2,600
..j!
100
100
$4.50 pfd
•
Clev
40
6,800
38
*3^ Hi
45
*151%
156
50
52
20% J 20%
Ry Co
3
94% Jan 28
37% Mar 14
47 % Jan
No par
Louis
Common stock "when dist"
•
50
95
*50-
St
t
preferred-
Cleveland
120
1,600
20%
X38 %•
39%, ¥
44 Hi
2,600
1111/4
95
20%
39
5,400
52
^
*50
j'
20%
38%
i
45%
♦151%
156'
*107%
95
*50
53
21%
109
Equipment
C
C
6%
39%
111%
.
72
44%
39
45
*92
93
50
71%
C
70%
70%
108 H 108
111%
72
*107%
20%
•
21%
21
21%
109
111%
lll'/a
72
73
107 %
93
97
*50
"
*111
111%
72 Hi
Clark
—
39%
38
112
300
56
*53%
49% May
x23% May
13% Nov
30%
46%
56
Deo
Feb
Jan
12% Oct
23%
Feb
50
60
'
Apr
27%
Jan
67 Va
Jan
■
Oct
Xl2% Nov
52
Sep
25%
101%
58 %
*185%
Oct
39 Vb May
Deo
May
109% Aug
75% Dec
Deo
210 % Mar
14%
Apr
Oct
7%
Jan
31
Oct
49%
Jun
101
Nov
28
Sep
7% Nov
4%
32
Oct
110% Aug
35% Jan
62
Jan
47
Dec
54%
Feb
25
Oct
40 %
Apr
103
Sep
110%
Feb
110
Sep
.150
Apr
—
v.
^5.
THE COMMERCIAL & FINANCIAL
CHRONICLE
1464
Monday, March 17, 1947
NEW YORK STOCK RECORD
LOW AND HIGH SALE PRICES
Saturday
Mar 10
$ per share
30
18%
*17%
91%
92%
*91%
93
*30
92
28%
*29
30
*27%
29
*27
28
40
18%
183/4
18
18%
xl73/8
18
3,100
preferred
Cuban-American Sugar
7 % preferred
4,600
Cudahy Packing Co
45%
*17%
18
•50
10
9%
9%
*132J/a
136
*133
67
68
130%
133
*i3oy8
27
6%
183/4
19
26% V
135 •<:
27
45
101
17%
50
.
•17%
9%
97/a
133
130%
130%
69
183/4
*129
273/a
67
53/4
29
34% Jan
xl73/8 Mar 14
Jan
2iy8Jan
165
Jan
7
165
30
40
Jan
13
49
983/8 Feb
6
101
100
Inc
2
17%
160
Oct
95
Oct
Mar 12
5
Feb
83/4 Jan
13
No par
113% Jan
16
135
No par
1
60% Jan
14
70
5% Jan
17
6% Feb
20% Feb
Cushman's Sons Inc 7%
Cutler-Hammer
pfd
100
Inc
129
No par
Feb
18
Jun
106.
Mar
24% July
5
10 *
82% May
Nov
Jan
26
Feb
4
103
Oct
146%
Feb
Mar
129
1
60
Sep
76%
Apr
5%
Oct
12%
Feb
17%
Oct
Feb
18
30% Feb
26% Mar 12
Jan
66
16% Nov
Sep
8
1
,12% Feb
Jan
165
'
45
8
18% Mar 12
A
28%
Jan
35
7
Class
Oct
7
6
19% Feb
preferred
"54% Feb
115% July
46% Jan
Dec
Oct
Mar
56
preferred
Highest
$ per share
Dec
88%
Jan
Mar 14
Curtiss-Wright
800
29
22
6
Mar 11
Prior
135
273/a
13
96
50
2,300
273/s
37% Feb
16
16
17
$7
17,600
187/a
10
15
89% Jan
100
1
$ per share
5
1,200
57/a
28Y« Jan
t per share
273/4 Jan
100
preferred
Press
'..
Year 1940
Lowest
Cunningham Drug Stores Inc__2.50
Curtis Pub Co (The)
No par
90
v
67
*129
273/4
4%%
Cuneo
17,700
18%
135
*26%
100
5%
19
Cuba RR 6%
200
10
5% v.;
Crucible Steel of Amer^..JVo par
5% preferred
100
900
50
9%
*66
135
26%
,
180
*44 y8
18
183/4
•129
27%
*165
54
5%
4,300
■
400
*i3oy8
66
18%
,
*98%
101
18
•
133
5%
303/4
90%
*50
9%."
66
5%
*129
135
26%
27%
67
67
19%
♦129
135
*129
17%
51
9%
5%
*19
./
19%
17%
30%
90%
I80
46%
45%
*98%
51
■:
10
68
5%
5%
*165
46%
101
9%
135
66%
173/4
31%
17%
180
101
52
31
18%
453/4
101
17
54
31%
•165
46%
*99
*50
«
180
*165
47
30%
.
Highest
f per share
Par
27%
101
-
Range Since January 1
Lowest
Shares
18%
31
30%
185
18
Range for Previous
STOCK
30
10
19
S per sha^e
YORK
EXCHANGE
93
•165
54
5%
$ per share
NEW
31%
46%
> 099
46%
101
•50
the Week
♦18%
lb5
46%
*97
Sales for
Mar. 14
*28 v8
"
18%
*165
$ per share
Friday
Mar. 13
.'31 /
:
93
y2
*23
$ per share
share
Thursday
*92%
31% V:
30%
*92
$ per
;
STOCKS
Wednesday
Mar. 13
Tuesday
Mar. 11
Monday
Mar. 8
l
128
34%
Feb
Oct
25%
145
July
Dec
45
May
D
25%
25%
25%
253/4
*92
243/4
25
25%
25%
25%
26
93
*91 %
93
^
94
■;
*92
93%
93
*91%
.
*91%
'
25
253/8
*91%
93
18%
19
*193/4
20 %
18%
19
18%
18%
32%
323/4
32
33
112%
112%
*111 y2
113%
113%
*111%
20%
20%
20 5/8
20%
20%
20%
205/8
205/a
203/4
203/4
20
20
17 y8
17
17%
16%
163/4
163/4
16%
17
17%
163/a
16%
37%
37%
19%
193/4
183/a
183/4
xl9
'
-17
37%
37%
36%
36%
41
.
413/4
'8%
26
19%
;
32
•112
37%
36%
40%
41
8 3/8
8%
253/8
•:
26%
25%
255%
41%
*46%
22%
22%
22%
15
15 %
143/a
21%
32
*30%
33
: 30%
•51;
53%
*51
53
297/a
293/4
29%
•29
29%
33
32%
323/4
32
32%
183/4
187/b
19
: 18%
67%
67
67%
164%
164
164%
112%
113%
18 3/4
v
17%
*163/4
127
41%
900
partic preferred
Diamond T Motor Car Co
223/a
22
22./
2,200
15
145/a
14%
14,300
Distil
Corp-Seagrams Ltd
31
32
30%
303/4
1,000
Dixie
Cup
52
52%
32%
523/4
523/4
29%
28%
28%
800
33%
*29
29%
325/8
523/4
32%
323/a
3,900
140
Class
17
183/4
19%
18%
19 y8
8,300
Dome
68 y2
66
67
2,800
2,500
161
164 %
♦111%
*112
113%
18%
19%'
113%
19%
4
160
162
161%
18%
Dow
300
113 i
*111%
19%
160
183/4
'
*95%
-
*95 y2
99
18%
*163/4
17%
31%
*31
32 y2
183
99
*95%
17%
17%
*31
183
182
*16%
32%
183
;
17%
181
184
180
126%
125%
125%
113
113
100
700
31%
31
3%%
Dunhill
126%
*125%
126%
115
*1123/4
115
*125%
113
113
n
*16%
17%
17%
*16%
17
163/4
LOW AND HIGH SALE PRICES
>
Saturday
Monday
5
Mar 10
$ per
share
Tuesday
/
9 per than j
Sper share
Mar. 13
S per
-
\ Friday
Thursday
Mar. 12
Sales for
Mar. 14
t per share
share
t per share
22%
19%
20
*383/4
236
*193
22%
1x0%
7%
58%
-7%
•
17
157
22%
•
•
•:
110%
110%
7%
"7%
7%
*155%
•
145
48%
v
v
;
.54%
,
14%
13%
37%
; 3%
17'/8
-x.
3%
157
*156
*142
50
37%
50%
'
13 %
37%
3%
146
56
7,300
13%
37%
800
*142
'
(
y
3%
-
<
/ 157%
157
-''
5,300
37%
'
16% «'16%
"158%
1
*142
20
Bros
2,500
13,000
600
•'
146
200
50%
Jan
25
42
-
Sep
16%
Oct
34%
13
-18% Jan
.35% Feb
2
14%
Nov
30
24
28%
Nov
52
30
Jan
July
62%
48
29 % Jan
16
x23%
3
37% Feb
21
Feb
13
16% Jan
11
16%
Dec
37% May
29% Feb
Jan
7
63%
Nov
108% Mar
66
160
<
Mar 14
Mar 14
76
181% Jan
Sep
Apr
Jun
Mar
2
143%
Feb
192
Jun
10
114% Feb
14
111%
Dec
118
Jun
22% Jan
30
15%
Oct
111% Jan
94% Jan
13
98% Feb
19
91
16% Jan
16
19
10
15
ft f?n
28% Jan 23
Jan 13
^
Feb
34
180
Feb
194% Feb
6
33%
Oct
/
25
Jan
116
Apr
41% May
'58% May
pet
Nov
10
161
Oct
227
Jun
124% Jan
13
127
Jan
7
124
Dec
133
100
113
Jan
14
July
115% Feb
5
112%
Oct
116%
5
1st
pfd
16
Jan
6
3
13%
Sep
19% Mar
21
Feb
May
•
;
$ per share
Par
19% Jan
17% Jan
29
5
38
Corp
No par
Year 1946
Lowest
$ per share
16
1
Steel
Range for Previous'
Range Since January 1
Lowest /v'-iir
Highest
m
24% Feb
19
Sep
21% Feb
24
16%
Nov
30
30%
Jan
61
4
200%
Oct
263
Apr
190
Nov
209
Aug
Jan
215,; Jan 13
246% Mar
196% Feb
7
48% Jan
14
_1
22
Jan
15
100
Inc
com
104
Jan
7
0
57
27
Feb
11
25% Feb
7
109
23% Mar 14
Feb
27% Feb
17
17%
111% Feb
15
106 y2
Nov
8% Feb
18
6'/4
Nov
16%
Jan
53% Jan
16
65% Feb
13
50%
Oct
80%
Feb
13% Mar 14
:
16% Feb
12%
10
34%
Oct
3% Jan
14
3%
Dec
13
51
50%
Storage
(19% Feb
50%
50%
50%
49%
50
1,500
El
Natural
13%
8
153
Jan
3
170
143
Jan
4
156% Feb 24
No par
Battery
47
Jan
3
27
Gas
27%
114
Dec
39% Jan
6
14% Jan
No par
5
2
49% Feb
Electric
Oct
37■a Jan
No par
1,900
Aug
11
No par
48%
Feb
112
13
3% Jan
preferred
47%
71
40% May
Oct
Jan
No par
f $7 preferred
48%
Dec
6% Jan
110
3
x48%
Oct
23%
Jun
5
common
49 %
39
101
4
30% May
31% May
1
100
49%
$ per share
51
Mar 11
Jan
Highest
S per share
21
190
4
Nut Co
Auto-Lite (The)
Feb
24
138 V
128
50% Feb
1
40
55
4
44
Feb
Dec
Feb
35%
Apr
48%
Jan
7%
Jan
.
Oct
29% May
Sep
Sep
180% May
167
July
Oct
'
Paso
Apr
Aug
50
Jan
1
49%
51
Oct
50
100
Conv preferred
Elec & Mus Ind Am shares
'Electric Power ft Light
$6
39% May
34%
Sep
Stop
Electric
Electric Boat
Sep
17
Nov
preferred
Elastic
23%
Jan
2
stock
Stores
3
47
1
48%
preferred,
4%%
1,300
'
1
'i 17%
*156
*
3%
3%
146
56
14
17
158%
143
56%
14
3%
143
49
7%
37%
156
50%
110%
7%
31% Feb
Feb
25%
Ekco Products Co
4% %
Aug
24% Feb
preferred
Edison
Dec
24
7
Manufacturing Co_
1,800
19%
Oct
18% Mar 10
Co
4,200
24%
*109%
"
cum
Eaton
105
23%
7%
17%
145
22%
22%
*103
110%
14%
16%
23%
25'
6%
2,500
Kodak
Dec
15%
10
Eastern Airlines Inc
30
49%
*7%
56
*36%
193
-*48%
*109%
56
•:
;
•
Eastman
16%
2
2
No par
(EI)
Eastern) Stainless
2,700
193
50.
105
24%
:
3%
16%
25
158
.;
4914
50%
56
37%
17%
146
*103
110%
7%
13%
3%
16%
22%
22%
105
110%
37%
3%
•
22%
*103
1,100
24
Mar 14
10
16,400
Feb
Jan
Feb
Co-
38%
235
77
21
stocks
Eagle-Picher
Apr
Oct
14% Mar 11
No par
19%
38%
233
195
49%.
3,800
■
Jan
28
60
3
Feb
Shares
22
19
39%
235
*193
493/4
24%
14% !
37%
22%
105
54%
<
49%
■:
24%
'
3%
157
50%
195
21%
20
39%
234%
24%
7%
14
>
22%
58
17%
48%
*193
22%
19%
39%
236%
234
51%
"103
H0V2
57%
'
•'!
;
22%
203/4
39%
193
50
24% •
7%
A
37
37
•193
105
"110V4
t
14%
"3%
"142
22%
24%
-
14
38%
237
52
22%
20
20
38
233
195
♦103
24%
57%
,22
*
22%
"1x0%
22
19%
1
4<*
ol%
105
24 %
21%
238
♦193
52%
"103
19%
40
237%
195
52
;
19%
40
237%
} .
V
22
22
16%
Oct
13
34
A
exchange
r»
6% Oct
23
Jan
18
Nn par
new york
the Week
3
Jan
54
■
21%
50%
8
preferred
i
Wednesday
;■> Mar. 11
;•
42% July
Sep
28% Mar 14
preferred
Duquesne Light 5%
DWG Cigar Corp
1,000
Jun
Oct
25%
49% Jan
International
$4.50
30
'
> ' Mar. 8
common
Du P de Nemours
400
58%
33%
6
13
Duplan Corp —:
4,500
163/4
conv
Dec
31%
Jan
5
$4 preferred series
Dresser Industries
5,400
99
*
*125%
*114
17%
Co
Dec
No par
_JVo par
No par
Mines Ltd
Chemical
Apr
22%
^No par
No par
Douglas Aircraft
..
34%
113
Jan
A
665/8
Nov
Nov
43% Jan
No par
Pepper Co__
Doehler-Jarvis Corp
19
Jun
16%
17
2
common
663/4
125%
17%
Co
Sep
110%
2
Dr.
•
"16%
25
Nov
31% May
36% July
22
39% Feb 27
"
99
182
6%
22%
*31
27
p? par
---.
143/4
31%
183
400
Match
28
July
May
20
45 % Mar
10% Feb
18% Mar
Raynolds class A_.__12.5Q
Diamond
15
115
125%
*114
&
22
*163/4
:
463A
463/4
Devoe
18%
113%
18% £18%
*95%
32
182%
385:
40
400
66 y8
'
*111%
••■«.
18
31%
.
42%
X32
67
164
•163%
18%
99
V
19
67
1123/4
18 Ve
"<t *95V2
32%
2,000
42%
<
51
29%
■/.
297/a
32%
67%
—
31
303/4
52
1643/4
—
Detroit Hillsdale & S W RR
Co—100
Detroit Steel Corp
_i
Be Vilbiss Co
8
14 3/4
52
38% Feb
8
28%
x22
16
3
18%
27
15
9
13
17% Jan
200
18%
28%
47
40% Feb 10
34% Jan
34% Jan
Jan
6
13
27% Feb
193/4
*45%
35
60
*18%
46%
11
13
X28ya
46%
v
v
20% Feb
13
193/4
42
16% Mar 14
Jan
28 y8
41%
11
6% Jan
6,100
.
*18%
41%
23% Feb
-500
'
/28y8
47
35% Jan
113% Jan
16
60
25%
'
463/4
25
17
25% Jan
19%
42%
16% Nov
50
*18%
v
19
24
gp
67
29
20% Feb
Detroit Edison
25%
19-
34
Delaware Lack & Western
*60%
29
98%
Nov
Delaware & Hudson
193/4
19%
29
Dec
17
18% Jan
100
Preferred
Sep
13
2,800
26
22%
22y8r
;15%
600
18
91%
Feb
31% Feb
50c
JNo par
,.20
—
10
28
20
110% Feb
——.—..100
Deere & Co
30% Jan
94% Jan
3
8,700
67
29
preferred
Jan
16% Jan 13
16% Jan 16
8%
*19
463/4
115 '
253/4
4%%
Dayton Rubber Mfg Co
Decca Records Inc———
7,400
.vT
24% Mar 11
93
40%
.
*61
•42
182
37
.:
7%
193/4
42%
*125%
*40
8 3/a
1
4,600
37%
67
463/4
*113%
37
41
353/4
30
'/•
1,600
*19
*46%
*16%
37
8%
2,800
111%
'
8%
•
*61
*413/4
*31
36%
36%
403/4
8
373/4
*40%
365/8
40
8 5/a
111%
37%
2,200
32
Corp
Cum pfd 3%% series A
100
Davega Stores Corp N Y
5
Davison Chemical Corp (The)
1
Dayton Power & Light Co. (The) ..7
1,200
18%
313/4
193/4
•18 3/4
99
37%
18%
32% ;
113%
67
29
*95%
,
*19
183/4
*112%
183/4
32
18%
*61
283/4
187/s
32%
18%
193/4
183/4
15%
•r
373/4
*35%
19
67
28%
21%
;!
19%
19
*62
'
•
37%
■
19%
*19
67
19%
-
113%
26
25%
26%
*60%
-
8 3/a
•
*112
19
183/4
"
18 3/8
32%
41
40%
:
32
36%
♦36
8%
'
Dana
4,100
V*
56 y8
Sep
61% Jun
30% Feb
Jun
'
14%
r
*18
■
14%
14%
18%
•
*17%
14%
*18%
14
14%
14
104
-
104
30%
18%
17 %
18%
19
18%
183/4
18
183/4
17%
17%
17%
17%
17%
17
17%
74
74%
*72%
76
*73%
75
*103%
105
"103%
105
103%
*103%
29%
30%
28%
293/4
1043/4
108
1043/4
103%
103%
*1033/4
107%
107%
107%
109%
1093/4
*109%
3%
3%
3%
3%
10%
20%
i:
20
39%
9%
*10%
20%
20%
20%
393/4
1
53%
75/B
*42
*12%
:;;-'/23"'V
105
'
13
23%
10
89
10%
!
10%
193/4
10%
21
8%
*8%
•
8%
•
52%
•
52
7% r
52%
28%
.
29
28%
7%
22%
f
/
24
55%
28%
53%
23%
106%
1
18% >18%
12
12%
22%
22%
•105
*23
55%
53%
*18%
18%
«■; 31%
106%
'54
31%
54
•
107
*107
38%
*38%
16
16%
16%
20%
20%
•21
21
21
*20%
*17%
173/B
17%
Xl7
17%
•
25%
■25%
26%
*21%
22
25
16%
33%
103
Fox*
"
13%
T.
f
•
16%
•
13
•1"
'
:
83
r
25
>'
33%
103
footnotes
■
*253/4
21%
21%
463/4
:
.;
16%
>
46 V2
'
32 3/4
33%
103%
103%
see page
1471
s
,
,.
-46
'16%
46
32
32%
103%
12%
12
22%
223/4
•
;
105
53%
55%
22%
1,200
23%
23%
1,300
53%
55
53%
1,700
Fidel
55%
4,900
Firestone
106%
700
54%
54%
700
v
Phen
4% %
First
National
*18%
183/4
17% ? 18%
1,900
Firth
31%
313/a
31%
32
7,500
Flintkote
108%
108 %
*107%
ld9
40
38%
38%
16%
16%
16%
21%
21%
17%
.13%
13
21%
46%
16%
Power
7,000
Follansbee
Steel
4,100
Food
Stores
81%
82
-24% .25
z
1,400
Food
2,900
Foster-Wheeler
263/4
21%
21%
19%
20%
700
46%
46%
46
465/a
1,100
16%
16
16
500
32
3,100
*253/4
32
32%
32
32%
32
*102
102%
*102
102%
*102
263/4
102%
50
130
6%
21
110% Jan
2;
3% Feb 13;
Mar 11
12% Feb
3
67
3
Oct
41%
Sep
Sep
106 y2
102
104%
Dec
111% Mar
100%
2,
2y«
9%
110
Jun
Apr
Jan
Mar
Jan
3
:
Feb
*
5% Jan
Jan" 16
13% Feb
Oct
23'/a
Jan
48
Oct
93
Jan
Oct
95
Jan
10
Oct
22V2
Jen
24% Feb
15%
Oct
33%
Apr
21%
Nov
58%
37% Mar 14
42% Jan
Apr
34%
7% Jan
Corp
Corp
prior preferred
Francisco Sugar Co
Freeport Sulphur
Co
„
30
1
21%
7
7%
Deo
15
24% Jan
3
Jan
29
39% Jan 21
ft
Jan
21
11% Jan 14
21
Jan 16
104%-Feb
22
6
Mar 14
22% Jan
13
Mar 11.
53
54% Jan
13
105% Jan
;
10
Jan
30
17% Jan
13
53
30% Mar 11
305% Jan
13
108
42% Mar
100%
6
Mar
.
14% Feb
8
25% Feb
6
107% Jan 27
26% Feb
60
Jan
<' 34
Sep
108
19%
21%
Jun
y2 Aug
Feb
'-rU
Sep
-
49
Oct
>
51
Nov
83 %»Apr
Dec
109% 1 Jan
105%
ft
34% Mar
70
'Feb
52
6
21% Jan 29
37%Jan
Oct
Nov
Feb
Feb
Dec
i—
21
.
54%
10%
10
Feb
112%
1 45
21
4,
59 % Feb 28
61
Jan
26% Jan
104
26% Jan
107% Jan
Feb
19%
Oct
Feb
May
36%
Sep
26
Jun
88
•
Sep
35
7
55*
20
Jan
11%
Sep
9% Feb
103% Mar 14
_10
63%
.
47% Nov
31% Feb
/
2.
Nov
16
Nov
•I' 28%
May
July
25%
Oct
46%
Jun
105
110% Feb 25
•
70 y2
Sep
115
38% Mar 11
41% Jan
6
33%
Oct
57
Mar 10
17% Jan
6
16%
Sep
16
No par
.
Jan
Oct
Oct
13
7%
...
60
•
7
22% Jan
•
No par
No par
Inc
Machinery
26
16
9% Mar
7% Jan
No par
Corp
Feb
51
2
-100
17
25% Jan
...—.No par
No par
com
Florsheim Shoe class A
Fair
2
Jan
25% Jan
25
Corp..
13%
700
i
Co
20
*253%
*16
Florida
Stove
17%
82 %
46
5,800
•
173/8
25%
263/4
16%
$4
Stores
(The)
preferred
Florence
11
110
:
11
•
—-
Carpet Co
20
82%
21
700
Co
13
25
20%
38%
16
(The)
18
30
Oct
Jan
Mar 11
-No par
com
Rubber
13 %
823/4
.
20
38%
V
ft
18%
.,
15%
'
;
:
-
preferred
f
33% Feb
105% Jan
28% Mar 11
21%
18
2.50
Ins N Y
Fire
Tire
111
10%
preferred—.——100
Felt & Tarrant Mfg Co—x.——5
Ferro Enamel Corp
1
54%
Sep
19% Jan
eonv
106%
56
1063/4.
54%
Federal Motor Truck
Federated Dept Stores
VA%
104
90
par r
l'.OOO
1
27
43% Mar
a,
Co
6,000
230
106% Jan
102% May
Mar
1
•
•.
;
Smelt
ft
22%
105
Oct
2% Jan
Federal-Mogul Corp —.Jl
:5l2-r^'
22
;
■
Corp—
preferred
Min
63
10
Fairbanks Morse ft Co
No par
Fajardo Sug Co of Pr Rico
20
Farnsworth Televis'n ft Rad Corp.l
Federal Light ft Traction
15
$6
7
54
$1^
rWw,A
_
;
Buffet
Federal
76
2
,
Corp
Exchange
150
Nov
106% Feb
7
108
Jan 28
No par
100
—
Ex-Cell-O
300
1,100
Dec
17
3
Eversharp Inc
31%
*16
"
.
22%
105
X82 %
*25%
16%
102
a
12%
X25
263/4
21%.,
103%
41%
173/4
12%
823/4
26%
26%
*16
'
13%
24 5/s
r.
*21%
47%
16%
17%
83%
..
253/4
;
47%
133/a
83%
800
ft Pitts RR cn
Eureka Williams Corp
Evans Products Co
Nov
17 %
103 % Jan
Office; Bldg——No par
common—
pref series A
108%
78
38%
.
22%
51
53%
31%
■
7,900
51
105
55
4,000
7%
41%
106 3/4
'18
2,500
28%
51%
53%
56
163/s
Si
'/■
52%
28%
51%
1063/4
39%
83%
42
52
103%
104
*41%
300
223/4
23
*102%
.
15,300
2,900
7%
22%
16
iJ
-
.■
75/a
233/4
39%
21%
52
29
v.
22%
16%
*26%
223/4
;
8%
*223/4
'
3,300
3,500
38%
7%
RR
5%
.
-——-No par
...
Erie
10%
*8%
2334
1'/
87
37%
22%
*54
18
10%
38%
55%
313% •
107
♦85
*8%
1063/4
56
106%
173/4
109
•107
fEquitable
Erie
600
24%
*53
30%
•'
14,000
23%
53%
40%
13%
12%
106
.16%
13%
'
preferred
20,100
8%
28%
"•
$6
10%
89
52
.
v
11%
6
8
103 % Mar 14
No par
No par
preferred
58%
22%
24
53
106%
53%
22%
*38
83%
.
preferred
$5%
10
38%
52
$5
350
21
21% Feb
19%-Jan
Mar 10
66% Jan
preferred ——————100
Engineers Public Service com
1
58
203/8
-
50
Corp
15% Feb
15
17
4%
80
19%
8%
Endicott Johnson
Jan
17% Mar 11
5
10
480
/.
12
-4
Empire District Elec Co
10%
19 5/s
*51
105
3%
19%
*41%
22%
3%
19%
*50%
105
#^54 M ;/55M^
*55
55% ?,
1063/4
31%
109
7
22%
"3%
21
503/4
22%
106
22%
109%
19%
413/4'
104%
109%
203/4
50%
*103
42
52
50%
12V2 ■I 12%
109%
13,400
,
103%
108
19 %
39
7%
223/4
104
40
29
103%
108
10%
7%
223/4
104 ?'
42 :n
23
28%
104 /
108
1,300
2,000
700
-
105/8
12
104%
23%
55%
*85
28%
-n
29%
75
.
104 V*
10%
413/4
22%
'
*59
51%
75/8
103%
20%
20
183/4
S9
•71
,
Emerson Electric Mfg Co
Emerson Radio & Phonograph
607/a
103/a
61
■
24
53%
10%
*59
*85
:
3%
'
10%
61
x373/4
*8%
'
3%
88
18%
•105
223/8
31%
3%
38%
223/4
f: 105
*107
3%
•
*106%
*109%
16-
*104
'
55
109%
109%
37%
\ 42
54 ■:'/
107%
19%
22%
53
23%
*103%
60
21%
7%
43
223/8
1033/4
107%
38%
28 5/8
23%
105%
>
-29%
103%
107%
*85
1
•£.
53
29%
38
i 52%
28%
,
■
29
18%
•
9%
;
7%
*223/4
'
109%
10
11
52%
*104
10%
613/4
90
28%
■
10%
•60
*86
11%
v
U
'
61%
91
11
-
105
'
*86
3,800
17% 1
107%
109%
10%
K>60
14
17%
107 %
.
13%
75
103%
30%
3%
14%
19
*103%
*109
14%
17
75%
"
:
14%
75
173/4
75%
-
20
Jan
'Apr
20% Jun
7
20 "/a
Oct
29 r/ :Jun
10
14% Jan
13
19% Feb
7
11 y*
Jan
•21% Feb
No par
10
12% Jan
17
15% Feb
13
?
7x
12%
Oct
10
25
No par
v
Mar 14
-
Feb
23% May
71
Sep
13
297/a Feb
13
19%
Nov
49 Va
25% Mar 10
26% Jan
15
25%
28
20%
Sep
Sep
35% Jan
45%
Sep
61
81% Mar 14
■
s
23
22% Jan
19% Mar 14
10
45
Froedert Grain ft Malting Co Inc_l
Fruehauf Trailer Co common
1
4%
cum
preferred
100
100
Jan
16
16
Mar 14
Mar 11
32
<•
Jan
11
94V2Jan
25% Jan
6 /
SOVaFeb
10
22
Jan
18
39
Jan
2
103% Mar 10
16
/
Nov
28%
Nov
99
Sep
100
Apr
Jan
-
Feb
Jun
27% May
48 '
112
Jun
July
Volume
1465
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4577
165
NEW YORK STOCK RECORD
STOCKS
LOW AND HIGH SALE PRICES
Saturday
Monday
Mar. 8
•
'
S per share
Thursday
Friday
Mar. 12
Mar .13
Mar. 14
Mar. 11
$ per share
t per
t per share
$ per share
share r:
15
15
■
77a
15
77a
•
lu> a
'''
7%
14% /14 3/4
15
6%
1074
103/a
*
15
10%
6%
*193/4
10%
197a
157a
10y/a
107a
103/4
10%
107a
1574
187a
*15 7a
187a
0
143/4
15 7a
15
15
28%
V
387a
1774
187a
137a
*18%
18V 2
73/4
77/a
73/4
73/4
73/8
*38
16%
17%
*98
106
14
133/a
109
*1057a
52
52
51%
13%
133/4
1774
13%
•
105 7a
513/4
513/4
513/4
513/4
*10574
200
513/4
503/4
517*
127a
*169
12
173
12
12
113/4
11%
4,900
*15'/l
16
172 7a
173
•172
173
*172
173
i 147/a
153/4
14
12
12%
12%
127/a
12%
747a
741/2
*74%
76
74%
747a
431/4
431/4
*43
43
43
29'/2
291/2
1587a
283/4
7/ 156%
29,
29
•371/8
36%
*156
36%
411/2
417a
*14'/2
:• «V
158
49
143/4
*147*
*127 7a
129
*116
118
147a
49%
128%
128%
1293/4
1293/4
•1287a
11972
1177*
117%
*115%
118
59'/4
597s
1267s
*
1271/2
"
104
59
104
127
1277a
1037a
59
57%
597a
127»/2
104'/a
104%
5774
127
12772
353/a
35%
35
417a
40
48
129
118
1267a
1472
2774
26%
27
*134
14i/2
140
5%
141/2
147a
29
2774
28
*27
137
*134
*134
137
137
5'/2
57a
572
57a
57a
57a
5%
2272
2374
22%
22%
22%
221%
1,900
>34
33%
337a
333/a
12272
1237a
I2UV2
3474
347a
25
*104%
104%
3572
1081/2
*10772
*961/2
97
*23
*100
1027a
*100
41
.4172
55'/a
'
337a
347a
333/4
108%
*10772
1081/2
*107 72
1081/2
*9672
287a
28'/e
28%
*10374
*9672
97
277a
24%
2574
25
100
*9972
10072
100
100
40
41
4072
4174
41
41
*55
57
57
56
56
40%
57
*55
10572
*
*6'A
67a
*12072
122
283/4
29
121
X*
66 7a
66%
*10272
103 72
567»
.56%
*10674
657a
*102'/2
6%
67a
X12074
122 »/2
*12272
1237a
*10274
54%
56
107
65
1974
60
1067a
*1061/4
1067a
20%
*1974
Goodrich CO
200
5474
1067a
20%
20
'
13,800
'200
1,200
-
'»
20'A
20%
4%
4%
472
4%
472
47a
4'/2
47a
47a
47a
4%
47a
r
14,100
61/2
67a
6%
6%
61/2
67»
61/2
6%
67a
67a
61/2
6%
>
2,400
36'A
367b
36%
36'/2
357a
353/a
*3578
357a
*34%
3572
300
15%
15
1572
15
15
1574
15%
15%
2,900
Granite
30%
30
307a
3,300
Grant
10674
50
*35
1
15
297a
30
*106
297a
107
*106
*35
147a
297/a
30
30
29%
106
107
2Q,
*105 7a
106
15%
1061/4
10672
15
3074
-
30
106'A
106%
-
13
x351/2
Feb
156
473A
Oct
Aug
Apr
182
Oct
.
Apr
Feb
33'/a
Dec
52
397a
Oct
567a Feb
Jun
543/4
126
Dec
fit 135%
Sep
123
117a
10 '
33%
10%
33%
*32 7a
107s
*32 Va
-
10%
34 %
10
117s
36
10%
*32
1074
10
34%
107a
34%
*32
35
7,100
100
.
,
13%
13%
13%
14
14
14
14
14
13%
133/4
4,100
43
43 %
42
437a
4174
42%
417a
427a
41%
423/4
417a
41%
14,700
26
2674
2574
253/4
24%
25%
24%
24%
257a
257a
2574
,257a
1627a
*56'
*58
63
67
67
19
18%
18%
V
'
327a
32%
33
•
*104
*103 7a-104 Va
25
247a
.:
32%
104
24%
77a
7%
*
31%
'
1047a
'■
19
32%
1047a f-
77a
*7%
ll5/a
Feb
105
Jan
1574 Jan
16
Graham-Paige
Grand
Union
Jan
5
Oct
Oct
23% May
247a
Nov
48
;.150
137
Oct
/:;. 43A
Oct
20%
Oct
23
29
Jan
29
101
Oct
2
32
Nov
1
30
Feb
10472 Mar 11
105
2
367/a Jan
124% Jan
35% Jan
307/8 Jan
2474 Mar 11
327a Mar 11
27% Mar 10
Jan
16
30
3
119 7s> Feb
7
7
Feb
—No par
—No par
5
.100
227a Jan
102% Deo
774
*7 7a
73/a
43
593/4
CO
5974
2,100
13,000
.
10474
370
1,800
*103%
500
'.
77a
*7
.
87
87
86%
86%
*843/4
897a
20
113/4
11%
11%
113/4
11%
11%
11%
5,600
117a
3,300
12
12
1174
12
12
12
42
*40
43
*40 7a
437a
60
593/a
59%
593/4
59 74
583/4
59%
V
247*
11%
43
•407a
.
*40 7a
127s
12
12 7s
127a
*40 7a
77a
1,500
*233/4 .2474
1047a
24%
.66
i8% <18%
30 7a 1 317a
.
32
31%
*1037/a
24%
4
41
*39
;
9,900
5974
58%
1
pfd.—
No
Great Nor Iron Ore Prop—No
Great Northern Ry 6% pfd—No
Great Western Sugar...——No
$2.25 cum. conv.
10
par
32
Jan
Nov
1513/a
Jan
27
Nov
597a Nov
11
100%
507a
105%
197a
57a
25
21 7
25
10
5
"
5674'
:
.107
.
43
16
par
par
par
—.—.—100
Preferred
159
64
Greyhound Corp (The).u—lJ7o par
47aft preferred,
—100
Guantanamo Sugar
—1
$5 conv preferred
Gulf Mobile & Ohio RR.
Common when issued
22
7
Jan 14
Feb 18
86
Jan 24
10% Jan 16
1
common
4
69% Feb
4
Jan 23
17% Jan 16
307a Mar 14 ,
102% Jan
4 :
Bay St West RR—100
(B L) Co Inc—
.1
Greenfield Tap & Die Corp—No par
Green
Grumman Aircraft Corp.
Jan
No par
No par
No par
No par
Feb
5
Jan
7
Mar .5
Jan
6
Feb 27
Feb
3
Jan 10
897s Jan
577a Jaa 16
'
i
5472 May
3
1
7
8
Feb
277a
40 7»
Jun
Feb
112
Dec
13%
Dec
21
•■
■
Feb
■
64
Jun
343/a
Jan
1887a Apr
Oct
Feb
Nov
Deo
55
617*
207a
30%
102%
79
ih'i 105
May
Dec
203/4
•'
Feb
Oct
54'/a May
111
Apr
Apr
52Mt
23% Deo
6% Oct
2
14% Feb
147a Feb
483/4 Feb
637a Feb
10% Jan 13
3872 Jan 16
25
preferred
Gulf Oil Corp
$5
70
75%
.21%
387a
105%
27%
8%
Jan
-
'
Dec
Dec
Deo
Oct
Nov
Oct
158
Feb
•
127a- Jan
■
Nov
127*
33%
13 Mr
4072
227a
.
Apr
1137a Jan
30% Mar
12% Oct
28
Nov
Feb 10
Feb 18
Jan
6
Feb
3
Mar 5
163% Jan 27
Mar
77
Nov
Oct
101
Apr
88 7a
-
Sep
2
May
473A May
Sep
Nov
Jan
Jan
58
&7a Oct
147a
377a
14%
495/a
27%
Mar 10
Jan
8
137* Feb 26
417s Mar 12
23% Jan
2
Green
64%
.
65 :
Stores Inc
Grayson-Roblnson
Apr
116
16% Mar 6
33
Jan 10
107
Mar 5
10
May
106
4
7
41
12
13
26
108
15
7% Feb
25
Sep
42% Apr
83A
Jan 16 ; ; 71% Feb
Mar 5
104
Jan
Jan 16
613/»Feb
106
Mar 4
107 74 Jan
19% Mar 12 *
24^ Jan
37a Jan 10
5% Feb
.6
Jan
35% Mar
12% Jan
29% Feb
1027a Jan
Jan
Nov
53
i.—-—No par
Motors
—1
118
1047a
;;
Oct
;
Feb
Jun
6
61
*102
,
Apr
,
60
Oct
Oct
Dec
Feb
33
467a
Ill
./
100
367a
53
5%
1227a Mar
273/4 Mar 11
Jun
July
497a May
7
103
393AMarl4
Feb 18
5% Jan
Feb
47
Sep
98
Jan
6
49% Jan
2
57% Jan 24
Mar 11
55
com——No par
10274
31% Jan
2
105% Jan 20
4
Jan
Oct
Apr
Feb
Jun
132
.
Nov:
32 7a
Jan
May
<113/4
2672
Oct
24%
11
Jan 22
Feb
5
108
98
24
I
8
40% Feb
Jan
2
Jan 10
105
10
Co
5 an
27/a
147a
8
103V* Jan 28
3% preferred
Apr
407a
7%
26
5
Co—
29
Nov
Feb
100
Dec
•
Nov
2172
6% Feb
2672 Feb
97
,
15
140
16
16
103
Feb
317a Feb
100
Inc
103
Feb
1127* Jan 22
327a Feb 27
100
100
132
472 Feb
16% Jan
31
Jan
22 Ve Jan
1
;
Nov
Dec
26
267a Mar 14
133
Feb
803/a
124%
1017a
8
19% Jan
Orp__No par
City Steel
(W T)
65% Feb 11
20% Mar 14
3% Mar 7
147a Mar 11
f
Oct
473A
Mar
Granby Consol M S & P—....—,_i5
160
89
117a
113/4
11%
11%
*87
8974
*87
9074
*87
vV,
■:;>,
19.
3,100
163
*58
?57a
.
247a
7%
643/4
*18%:
;•
'
7%
*160
162
657a.
65%
*18%
18%:,;
32%
1047a ;
247a 'i
247a
1047a
"•
247a
18%
'31%
Va
63
*58
65%
66.
66
r
162
*58
63
*58
667a
160
160
163
*160
63
667a
19%
;
161
161
1627a
14
14
Aug
'
Jan
114
C'342
13174 Feb 25
xl22
Feb
6
•
11%
*34
Apr
40 3/4
Sep
2774
8
Jan
51
,
128
10c
...
<B F)
Gotham Hosiery
20'/a
20
47% Feb
'33
2
$5 preferred.
No par
Goodyear Tire & Rubber
No par
•$5 convertible preferred—No par
20'A
20
907/a Aug
3
No par
h
Goodall-Sanford
IO31/2
54%
-
551/4
Dec
17
preferred
Co (Th#)
6,400
6474
64
*10274
103 i/a
5474
747a
51% Jan
Razor...—-No par
2,000
287a
273A
2
2
.
1,900
124
♦123
6574
6474
-
1061/2
1061/2
1067a
1067a
55
200
67a
67a
/
28
103
10372
54%
-
28
6474
64>/4
*103
10372
547a
*
29
28
2874
64'/a
103«/2
*10672
107
63/a
27%
2974
65
tv
6%
7872 Jan
125% Jan
xl01% Jan
No par
Glldden
—
No par
4 Va ft conv preferred
59
Goebel Brewing Co
1
Gold & Stock Telegraph Co—100
2,800
56
Safety
$4.60
600
40%
3974
Apr
5
200
1672 Mar
$5 conv preferred.—No par
Gimbel Brothers————.
5
100
8,000
102
167a
Mar 10
preferred—No par
Corp
20
preferred
preferred
Gillette
10,200
-
*55
12372
*121
122
i
29
*
*99%
67a
6%
672
6'/2
4 7*%
2474
108
Sep
14
1
Corp——.
preferred
8%%
2874
2774
*1051/2
247a
87a
453A Jan
Telephone
47*%
97
2874
*10572
25
-
11
Mar 14
General Tire & Rubber Co
4,700
1081/2
257a
108
100
*55
*107%
1051%
28
287a
108
33%
*96
Shoe
Gen Time Instrument
120
33 7a
<
97
24%
General
Gen Steel Cast $6
1,900
25
Apr
13
40
100
General
105
2474
105
*10572
102
.
97
2472
105
287a
16
No par
3,300
*24
3374
2572
x40%
557a
"
34%
*96'/2
247a
*104
*10772
106
33%
33%
337a
34
x241/2
*1033A
97
25
34
2474
32%
108'/a
*105%
25%
3374
1047a
Nov
Mar 14
common—No par
Corp—No par
Public Service
10c
Public Utilities Corp..
—5
900
34
Apr
13
35
Adv
380
120%
120
121
120
34
*331/4
33%
33%
34
1211/2
24%
35
27%
108
253/8
120
10472
104%
*9672
287»
*105'A
X33%
9S
34 7a
35
*1071/2
347a
2472
105'/a
337a
337a
1/2
143/4
160
Jan
397/a Feb
No par
Gen Realty & Utilities..
General Refractories—
6,100
2274
' 123
,
34
series
$3.75
Gen Railway Signal
6ft
preferred
10
134
134
137
574
22%
'
120
*134
5%
23
preferred
$5
1,700
■
Sep
9
1517* Feb 21
....—10
No par
General Motors Corp.
Preferred
2374
5'/4
.
2372
34-
147a
283/a
*134
5%
•
23'/a
14%
297a
:
107a
'
Gen
147a"
Apr
17
187a Jan
147a Feb
Mar 11
44 74 Jan 23
Gen
372
1474
717a
Dec
12672 Mar 14
115
Jan 14
3,500
3%
Sep
xl70
—100
—100
preferred
3%% conv preferred
19,100
372
:•
Dec
48
No par
3%
*3'/2
21
Dec
109
104
1
common———No par
Mills
21% July
Dec
9
31
175
5
41% Jan
■
May
1374 Feb
287« Jan
;
137a
13
24
1413A May
Jan
■-
Jan
Jan
5874 Jan
No par
Co
14%
3%
29
50
1572 Feb
78
Jan
May
Feb
Mar
74 72 Mar
No par
—-100
77a
Feb 24
109
15
11% Jan
100
6 ft
2,500
16%. 116%
207a
37a
168
14
No par
Inc
Electric
xll% Jan
No par
5
Corp
110
Mar 12
Jan
2
50
5
Outdoor
17%
2172
15
105
5
7
437» Feb
4
18%; Feb 24
13% Mar 14
1
Corp
u
Jan 17
100
Precision Equip
16%
21%
17*4 Jan
,
100
Transportation
Gen
1674
217a
287a
Nov
Gen
1674
21
2872
15
50
3,200
1674
21
372
6772 May
2,100
16%
207a
37a
Dec
Investors
1,100
1041%
1047a
10472
1047a
17
*372
38
Jan 25
16V* Jan 27
38.
Corp
50
1.66%
preferred
Cigar
General
/
61,700
58
213/4
3%
17
General Instrument Corp_.—
100
12774
12774
127%
1
161/2
15
Dec
General Foods Corp
70
'
118
21'/4
3%
8
preferred
General
2,100
:
128 7a
57%
59
53'/4
12774
7%
500
'
477a
47%;
;
*116
4%
5,000
15
21%
147s
9% Feb
Baking
General
25,500
,
40%
*14
15
*47 7a
1047a
73/8 Mar 14
preferred
conv 2nd preferred—
140
16%, .17
22
1
No par
1st
4%
800
-
157
157
158
*116
587a
293/a
21
143/4 Mar 13
preferred
$8
1,200
437a
.297*
*127 7a
<
127
*104
1047a
437a
.29 74
*14%
487a
48
130
♦117'/4
Sep
240
44
,
40%
417s
17
757a
357a
•
28
757a
29
.
29
15
417a
48
497a
49
•v
/
>
40%
14
42
14
i»
44
*156
36
19 'A Feb
7574
44
158
13
—No par
Co
Cable
*43
158
26
General
75
X35%
40%
Nov
16,800
76
.
147a
12%
*74%
36%
3
12
123/4
158
Jun
xl7'A Feb
13
15%
-
223A
3
Bronze
13
;//
Nov
General
157a
28%
83/4
1,200
12%
28%
Apr
8
157a
157a
.
Jan
127a Feb
*15
157*
"
11%
21
preferred
Amer
General
190
173
*172
12%
36
:
173.
14%
158
36%
41
16
48'/a
44
283/4
12
11%
11% ,12%
12'/8
♦172
Oct
(The)
conv
Amer
153A May
Sep
Sep
Container
$4.50
Gen
900
'
12
Gen
1,500
133/4
109
*105
110
513/4
513/4
10 7a
7
preferred
Co
conv
5 %ft
17
87a Feb
19'A Mar 11
9% Jan 13
Wood Industries Inc
Gaylord
6,809
108
:
13%
133/4
13%
133/4
105
105
*98
108
*100
177*
17
17%
177a
17%
177a Feb
187a
Gar
4%%
13
Highest
$ per snure
Sper share
t
2
7,300
300
16
67a Jan
20
Gardner-Denver
39
*37
38
38
112
*96
.
13%
105 7a
109
39
*38
1774
*96
108
nco
39 74
$ per share
127a Jan
1
Year 1946
Lowest
Highest
Jan
2,300
73/4
C;
I per share
J
common
(Robert)
pr^.
Gamewell
900
.is/..
17%
8
177a
103
*137/8
13
8
387a
387a
17%
■
'£3
18
8'/s
8
Inc
erred
Galvln Mfg Corp
1,700
187a
187a
87a
16
*15
16
6%
300
103/a
(The)
Co
Co
Galr
207a
*
1^/4
GaoUel
11,200
7
6%
*193/4
Range for Previous
Range Since January 1
Lowest
Vr
Par
4,400
147a
147a
7
207a
i■"
'.
•
STOCK
Shared
Sper share
14%
zy. 14%
7
20
V
•
1974
63/4
*1972
7
20
*19'/a
107a
14%
15%
7
•
20
YORK
EXCHANGE
the Week
-
-
'11/%
NEW
Sales for
Wednesday
Tuesday
Mar 10
1
108
80
Nov
9% Sep
12% Dec
317a Oct
567a Sep
Jan
13%
Jan
,
307a
Jan
137a
Dec
Jan
787/a
May
78
,
H
* per
Sper share
*36%
share
*37
38
t per share
18
19
18
109
*107
*107
1061/2
*105%
21%
*10572
10572
217a
22
165
*155
37
37
37
37
8%
8%
*8%
*99
100
*99 >4
7A
4?27%-:V.2774
?103>- ,104
*160
1031/4
104
*3872
39'%
6274
62%
162
166
19%
'
20
•77
79
126
126
125%
:•
<>
ivtv
i
r
.
•'
.
*.
;
>
R5
yr
]
;
31
,t
A:
•*24%
27
.»,■»«
27
30%
.
*2o
r
77a
307a
267a
2674
2674
*2674
*1021%
10374
163
58
80
♦79
127
•227a
31
80%
25
*29 Vi.
100
Hinde
/Hires
•247a
27...
-..,*24%
24
*247a
257a
*24
25
17%
*16 7a
18
*16%
17%
•16
177a
22%
22%
*227+;
23
•22
23
40
407a
39%
40
397a *40 { '
8,300
167a
16 3/4
16%
167a
157a •'* 16%
5,500
53 7a
.52%
52%
•
f;: *247a
,27
2474
25
,
247a
24
A'H
*16
•
17%. I
227/a
'
:>
237a
40%
4174
16%
x.;} 23
" 23'/«
t!«,'«l.- /'.j4174
16%
53%
*51
54; & 54
233/4
*16
'
22%
v
22%
407a
41
16
v
17 m
*51
/
53%
;
i
:A 29%1>29%
O »-*
.*
-->■•
«
92 V4
193/4
:
.
'-
207a
/ ; ;
vZ
>
v3578;i 35%
6% :
*117a
63/4
13
V
•i
25-;c25
;
ai;
0 hr*
92 74
■■■' :/
937a
207a
25
6%
127a
127a
For footnotes see page
1471
-293/4
*101
91%
20%
ht" *30 i.'i
I'. 100,V:
20 74
193/4
/;;■ 52-,'..
■
i
52
21
;
,
207a
,
7;
>
12
.12;
.
-r
■
•>.-
353/4
35 74
307a
92
:
.
30
30
101
*99 74
101 r
:-■:' 91 V-
92 (
19%
21 '/a
v-^.35%
'25%
'36
>:■
:
*2476
35
.
'
6% •/
<12
*25
257a
*25
•,
357a
7
.
..92
9174
:o..
•!
20 7a
81 Dauch
(C
Nov
33
Nov
33% Jan
61
16
203A
s
7
12
6% -■'678
*12
12 3/4
;
6%
12
3%ft
'
com
14,500
253/4
400
.•-36%
4,900
12
500
Howe
Sound Co.;
;
,8
203/8
Apr
87a Feb
11
Mar 10
35% Jan
3034 Jan
8
2
com
—
—
Jan
13
103% Mar 11
Jan 13
37% Mar 14
61% Mar
417a
29
61
165
22
Jan
7672 Feb
26.
81
Jan
Jan
30
Jan
63
133
1
Mar
90
.
192
/
;
Sep
.
.
Jan
:
1467a ; Jan ■'!
vr 397a May
::;>
'May
' 4;
22
10
26
Nov
'. x43' ' May
29
21% Sep
v417? APr
2
22% Oct
18
3.
,
Jun
377a
Dec
.
40
'
May
•
5072 Jan
287a Jan
25
27
34%
19% Feb
1
12%
Oct
Tf* 28%
46 ■:
Nov
527a
27
.v
Sep
35%
103% Jan 20:;
94
Mar, 61
997a
Dec
787a
6!
147a
Sep
Oct
5
6
247a
Oct,
30%
Oct
56
Feb
21.
11
•31
Feb
8
Jan
3
13
'"
•25
—1
Mar
32 7a Jan
5'
'
-
227* Mar
L6
8
;
13
974 Jan
13
29
Feb
373/4 Mar
13
4% Jan
&
Sep
Jan
437a Feb
3
8674 Jan
16% Jan
100
Z
34% May
22
25
,
£75/8 Feb. 28
3/
133/4 Mar
/•!
Sep
-1
Dec
;
5
56
Jan
;
Feb
Apr
•
Jun
.Jun
••/■":■ 96
•
30
Dec
Apr
•
July
■Vi
.60% Feb
,
12%
Oct
11%
?
■
Feb
Feb
:
Sep
Nov
Oct
.106
V
76.
Jan
19
i;
,
,
31% Jan
233/4 Mar 11
Mar
7
■
123j
'
16
'
Aug
32
297a
3
|
;
72 7a,Apr
139
Apr
29
27
;
.
: Jan
387/a
Dec
Jan
i
,
Dec
105%
177» Nov
130
Dec
44
Dec
467a
11'
132
169 7a
8
' 5.
1
.
Oct
12572 Mar 11
247a Feb 26
L100/
;
'
Nov
101
Jan
68
16
10
Jan
,
Dec
54
Jan
131% Jan
Jan
,
*
•M
103
Feb
29
15% Jan
36
-,Dec
51
May
1093/4 Mar
>,
Nov
13
7.
25
Oct
28 7a
13
227a Feb
No par
Manhattan..'——1—100
5ft/ non-cum
preferred—100
5% Nov
297*
42% Feb
Feb 13
Jan
Nov
1077a Feb
16
50
Howard Stores Corp—
^Hudson
8
22% Feb 17
35 74 Jan 23
12.50No par /> 15% Jan 16
Power Co—No par
/Houston Oil of Texas V® o
25
^
Feb
12
No par
Houston Light St
2.900
67a
Finance
Jan
106% Jan 16
5
preferred—
Jan
1067a
100
—5
iAj
—
preferred
Household
170
163/8
Sep
14
,26 7a Mar 13
_5
(Del)
Houdallle-Hershey
Oct
99
67s Jan 16
10
-1
oons
8
7
17
;
\
60% May
3
162
The-—
Aug
6
_100
Paper CO
|
343/4 May
170
10% Feb
8
,.
j
;
Apr
10972
105% Jani
39% Jan
x30
•
'■■•!
,Apr
119
Oct
103,
10074 Mar
872 Mar 10
No par
Inc.
E)
.:407a May
-
/ / >24 / Aug
/ 2672 Jan
Sep
15172
No par
i
Powder
Co
$2.25
800
2,200
*
25%
35
Motors.
Holly SUgar Corp.
Homestake
Mining—-
~
300
*
♦25
C
>
/
-293/4
1017a
9174
""v
353/4
6%
r
:
1017a
91%
%.
25 '
357a
30
101%
101
92%
19%
-
29 7a
29%
2974
lDi;
30
Jan 27
160
27
25
(G W)__.
*
preferred
4ioii«»iiuer
-
s
Jan
24%
8
Jan
x987a Jan
25
Holland Furnace
■
100
1,200
30
'
*52
■
4,100
Jan
—100
preferred—
Hewltt-RoblnB
200
27
108
preferred——.——100
Hershey Chocolate
No par
$4 conv preferred
1
No par
300
31
Mar 12
6ft ^
,
'24
♦227a
31
....^100
Co
non-cum
Hercules
;/v230.
:
preferred^..
cum
Hercules
2,500
'•'■
83
7ft
20
1,000
128" <
*12674
27
.}:
.
.
Helme
100
4
—151
(H J)
3.65ft
Feb
25
Co
Co..
3% ft
Heinz
400
140
557a <56 %
*7972
807a
*30%.
viv
/
19 3/»
•1317a 133
128
*22 7a
V-
-
.
133
127
25
•30%
5774
*1317a
163
19%
*
120
•;:
623A
*160
197a
57
.
#3
126
623A
19%
103
Hecht
800
267a
*61%
163
•160
19%
Hazel-Atlas Glass
1.700/
}
3774
3774
*106% 1067a
107
*61%
><•„'
307a
*102
38%
*106'A
62%
67/a
103
38%
3874
107
*5672
%;,:
7
30
112.
160
—
87a
87a
7%
127
24
Q
1
j
•
Oct
14
213/4 Mar
2,900
100
Oct
-
173/4
Jan
No par
9,100
1,200
15
19
105
preferred———100 /
Hart, Schaffner & Marx
10
Hat Corp of Amer class A
—..1
4% ft preferred
100
Hayes Industries Inc
1
Hayes Mfg Corp
2
83/4
Nov
35
Jan
14
107
6ft
100
*9872
11
19% Feb
4
Jan 22
39
Highest
$ per share
Spershpre
$ per share
t per share
17% Jan
preferred—100/
(M A) Co $4.25 pfd—No par
Refrac
Year 1946
Lowest
Highest
37
Jan
6
163/4 Mar 11
5
-
No par
conv
Harbison-Walk
2,500
3474
*83/a
8%
Hanna
165
34
357a
490
'227a
22
30%
*13172 .133
30%
■
*155
*98% 100
;.
105'A
*10474
Printing Co.
(W F)
4ft
30
'•
"
,M25
il67aZ.1674
-(V:1634i„ 17
•
;»2?%
2574
*29%
•107
•
—28
-
Hamilton Watch Co
77a
*19 »/4
58i/4
*24JA
; ?
•160
1974,
131%
tlf301%i>;31%
,*?47a
62%
Hall
1,700
30%
•*61
162
56%
V:*24,%.V:'26
j
x38%
♦106
131%
*76
'128 %
*102%
2,200
18%
109
165
*8%
f9
26%
39
131%
■131%
35
87.
7%
x30
103% V
58% / 59%
7?
•f-*76rj:i!79
.
X:19V-V
36
100
7 9
7%
1067a 107
107
*61
ji*59,%h 60%
*131%f432
128.,
26% 727c
39%
.♦19%. .20
1
2774
107-
466
)
874
30%
*10374
.
i067e -lQ7
l u R:;<rv; •* •
-*61;621/3
♦160
87a
■
f-V
'71
1772
2272
*155
*8%
*99
2774
■
*38-39
it
,
*22 '/a
22%
Waters
177a
*17%
109,
165
36
87a
100
7
30%
9
7
307a
22%
Hackensack
33
*37
Lowest
Par
17%
10574 105 %
105
*155
31
9
r"
7%
*.
105
105%
*107
109
*107
-
Range for Previous
Ranre Since January 1
STOCK
EXCHANGE
187a
,*17%
307a
.874.77 9
30%
17%
18%
YORK
Shares
I per share
38
17%
367a
*874
*99
100
*37
39
17%
165
*35
81/2
t per share
share
*37
221/2
22
*155
165
the Week
*17%
109
105%
221%
*155
Mar. 14
16%
1674
*18%
107
Mar. 13
NEW
Sales for
18%
1774
18 72
18%
107
Friday
S per
39
*37
39
17%
17%:
Thursday
Mar. 12
Mar. 11
Mar 10
Mar. 8
;
Wednesday
Tuesday
STOCKS
-
LOW AND HIGH SALE PRICES
Monday
Saturday
/v'
Jan
25 /
Jan
)
THE COMMERCIAL & FINANCIAL
CHRONICLE
1466
Monday, March 17, 1947
NEW YORK STOCK RECORD
LOW AND
HIGH SALE PRICES
STOCKS
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
Sales for
Mar. 8
Mar 10
Mar. 11
Mar. 12
Mar. 13
Mar. 14
the Week
$ per share
38 Va
$ per share
38 %
$ per share
38
33
37%
$ per
37%
share
38
38 »/4
17 Va
17%
17%
17%
17
17 Va
17%
22%
22%
6 V:
22
22%
22
22%
22
6
6%
"
6
5%
::
6
$ per share
38
$ per share
38
37%
NEW YORK
Range Since January 1
Highest
37%
Par
3,500
Hud
Bay Min &
17%
17%
17%
17
17%
16,500
22 V2
22%
20%
21Va
1,800
Hunt
5%
5%
9,900
Ltd
Sm
5%
6
Hudson
$ per share
No par
37'A Jan
Motor Car...
Foods Inc
16
13
6.66%
—
Jan
5 Va Jan
30
16
Highest
$ per share
43'A Feb
3
$ per share
33
Sep
13
14%
Oct
34 Va Mar
2
20% Feb
20% Mar 14
1
Lowest
$ per share
14
No par
Hupp Corp
6
• ■
Year 1946
Lowest
Shares
22%
5%
Range for Previous
STOCK
EXCHANGE
25 Va
Oct
49
Va
Jun
5%
Sep
10%
Jun
31%
Sep
44 Va
Apr
Jan
7% Feb
5
45% May
1
36%
36%
36%
36%
36
36
*36
37
36
36
25%
26%
25%
26 Va
24%
26
25
26
25%
26
50
46
47
*47
49
*48
50
*47
*92%
97
*92%
97
*18%
19%"
*18%
19%
18%
9%
8%
87/a
8%
26%
25%
*8%
26%
*92 Va
26%
97
*92%
19%
25%
25%.-
13%
13%
13%
13%
13 Va
41
40
41 Va
38
25%
*46
94%
*92%
19%
19%
*19
200
8%
450
8 %-:■:
.
116%
4
116%
*178
40
37 '
37%
36%
37%
36%
37%
36%
37
35%
37
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
*7%
8%
7%
77/a
*7%
*7%
8%
1,100
42
106 Va
*106%
107%
*106%
5%
5%
5%
5%
107%
5%
*106%
5%
12%
11%
12 Va
12%
183%
183 Va
183%
8%
8%
8%
28%
27%
28'A
90
91
4%
104
v
llOVa
110 Va
55
40%
41
*43
45
*35
40
14%
44,."
*
14
39 Va
10%
78%
183 Va
133%
183%
182%
183 Va
8%
8%
26%
*87%
91
31%
4%
31%
134
31%
8%
*87%
4%
90
..«*
31%
*134
4%"
31%
31%
*134
47%
46%
45
46
104 Va
*104
105%
104
104
46%
104
136
109 Va
12%
108 Va
13%
13
13%
13
13
109
*108
109
108
108
52 Va
55
*52
55
*52
55
*51
55
40%
41%
*40%
41
41
41
43%
43%
40
42 Va
42 Va
42%
*35
40
43%
*35
*31
40
40%
70
t
1,100
*43
44%
600
*31
40
14%
14%
14 Va
14%
14%
23%
14%
*14%
14%
13%
14
23%
24 Va
*23%
24%
*23%
24
39'/a
39%
150
149%
125
54
55%
40
150
41
10%
10 Va
10%
102%
*102 Va
102%
103
50%
50 Va
50%
50
*109
110
"127%
127%
*117
125
55
109
55
*110%
112%
*127
140
*127
140
35
34%
*99%
100
*99%
29
35%
'
126
140
10
10%
102%
1,000
109
126
*117
60%
*107%
124%
123
61%
60
60
61%
99
99%
28%
28
112%
*110%
*127
140
*127
98%
28'A
*110%
140 a-
34%
34%
30
2,900
112%
100
4%
'140
35%
33%
34%
98%
98%
98%
98%
700
28%
27%
28%
3,700
*28
175%
Dec
6%
Oct
Co
8
4% Mar 14
* 31% Mar 11
133% Feb
15
45
Mar 14
12'
108
No par
53
Jan
16
19,400
16*
•
Mar 14
Jan
116
15
38
No par
13% Jan
No par
1
143% Jan
1
preferred
——100
49
28%
3
2
38%
Oct
18
11%
Nov
Feb
20
101%
Sep
5
52%
Sep
26% May
July
70% July
Oct
49%
5
36 \
Laughlin Steel
pref series A—
5%
42 Va
Aug
11
14%
Nov
31%
Feb
11
23%
20%
Dec
50
Apr
Dec
39%
Dec
50
Aug
Dec
163
Jun
14% Nov
19
Mar
6
141
13% Feb 14
53
8%
31%
24%
Jan
108
Dec
45% Nov
2
Feb
34% July
Dec
100
4
;Jan
110% Jan
8
137% Feb 24
July
59 % May
107%
Dec
114% July
115
Oct
167 %
Apr
123% Feb
6
111
Sep
153
Apr
62 % Jan
16
54
110
Mar
6
44
Oct
63 Va
Jan
11
109
May
115%
Feb
Mar
150
Feb
8
28
32% Jan
112
16
Jan
3
1
25 % Jan
3
r
Jan
60 Ve Aug
Dec
37"
7
104% Feb
11
Jan
No par
—100
.
125
39% Nov
31
Feb
23% Feb
124% Mar 13
119
-12%
Jones St
Aug
Feb
Jan
&
Joy Mfg Co
Dec
113
140
No par
—4.-100
Johnson
Feb
55%
Sep 1
95%
'
&
Feb
148
Aug
8
*
Feb
Feb
42%
Oct
133
41% Jan 30
3
108% Feb
8
11
105
8
Feb
Aug
11%
17% Feb
2
XIOOV2 Jan
Jun
101
17% Feb
9% Jan 16
pfd—100
45
Dec
27
26% Feb
16
21 % Jan 24
38% Feb 26
1
__
13
22% Jan
Sep
41% Mar
13% Mar 14
No par
—No par
Apr
Oct
Feb
48% Jan
40
Jun
Apr
15'/a
4%
58% Feb
9'
Jan
102
202
.-
90%
8
53% Jan
105
8
66% Nov
Feb
Feb
Jun
250
Jqn
8
•
36% Feb
136
195v
29
Jan
5% Feb
19
103% Jan
_
2nd prefered ser A
..100
Chicago' RR stamped—100
Joliet
20'A
11
No par
Johnson
May
Oct
27
No par
com
May
10%
10% Feb
100
Corp
59
112
Aug
8
30% Feb
preferred
11% May
13%
96
Stores
!
35% Nov
105
184% Feb
;
Manville
Feb
33-
Co Inc
3% %
*
34%
28 Va
Johns
22%
21
,(F L) Co__
4%%
1,500
123
111
33 %
109
124%
*117
Sep
7% Sep
Dec
Mar
Jersey Cent Pw & Lt 4%
Jewel Tea
13%
13
Jan
2
Jacobs
60
50%
Jun
7% Jan
16
$6 preferred
44%
*5%
Mar 11
.
Aug
11
90
Island Creek Coal
4,600
102%
Mar 11
70-
25
Dept
Corp
Jun
190
Feb
26
...
151%
13% Feb
16
37% Jan
50
*49%
Jan
202
1
Telep & Teleg_.
Foreign share ctfs___.
1,200
50
124%
123
*127
-
*)%
41
150
103
*107%
126 Va
111
,
39%
150
11
7
Jun
54
;
Sep *:;■
;
50]
Jan
9
107'A Feb 26
16
41% Jan
Inxertype
Sep
'Oct
8
40% Mar 14
105 % Feb
4
Jan
33%
13
8% Feb
36
116
May
22%
168% Mar
176 V2 Jan
preferred
Interstate
500
50
109
58
112 Va
41%
4 17% Feb
4
100
Salt
Intern!
1,000
23%
13
No par
2,400
'
5
14'A Jan
Corp
International Shoe
37,100
'
*102
50 Va
*117
14 Va
*22
150
10%
103
*107%
'
1
55
.*110%
*127
100
28%
123
55
112%
34%
127.
23%
41%
*149
10%
109
126%
*117
*22%
150
10%
J
23 %
>149
39%
*149
*110%
28%
*39
*22%
50%
130
*117
39%
150
22
*101%
110
*127
22
13%
14%
40% Feb
International Silver common.——25
1%
23%
14%
35% Mar 14
Chem——5
Paper
International
40%
4
18
i v 7% Jari
$4 preferred
No par
Inter Rys of Cent Am„.—No par
5%
preferred ]
100
1,400
Feb
Jan
16 Va
36
Sep
Sep
225% Feb 13
83 % Mar
6
—.
International
800
17
Feb
Jan
37%' Jan
5% Oct23
411%
_25
Canada
Preferred
14,800
7
17
20
—No par
k—i
__
109
22
&
Int
of
14%
25
45
5 Va Jan
'
___100
preferred
Nickel
10% Feb
87
13% Feb
133
No par
..
Mining
110
!
7
180% Feb
tV
100
Machine
International
14,400
136
46
4%
1,400
Feb
Mar 11
Harvester..;—No par
International Min
100
4%
*14%
21%
Preferred
-
3,200
10
30 Va Jan
13
Jan
Feb
116% Mar 11
No par
Int Hydro-Elec Sys class A
6,800
27
25 Va
22%
320'
Business
13
8
179
No par '
__
—....
International
.
8%
26%
90
4%
31%
-
136
*134
47
9
27%
*87%
4%
13%
*
40
24
Int'l
7,900
80 Va
14%
110
23%
80 Va
*14%
25
Iron
1,100
79%
13%
51%
•
204
14%
102
51
*200
205
14%
10%
102
Interlake
14%
.
22%
148 %
8,800
14%
*24%
*
202
21V*
.13
44
*35
4%% preferred
Intercont'l Rubber
*182%
*104'A 106
*52 Va
40%
'
■
106
54
40 Va
1,200
.<
22
Jan
—1
;
'«L.
Interchemical Corp
120
5%
11%
8%
31'/a
13%
*52 Va
12%
X27%
46'/a
112
*110 %
12%
92
134
13%
12'/a
205
1,500
106%
5%
80%
5
47
13%
42
Inspiration Cons Copper
Insuranshares' Ctfs inc.
95
14
36
1
No par
39
25% Mario
12 Va Jan
No par
12%
5%
8%
4%
135
*104%
104
.13 %
40%
106%
5%
27%
*88
V
par
—100
'
5
46%
42%
107
5%
X78%
1^3%
8%
31%
135
47%
107
107%
-V
205
80
26
91
*4%
31%
135
46%
•
•88
4%
32
134
207
183%
8%
5%
:
8
*41%
42
41%
106%
31%
6,300
"
28%
Jan
__5
6% preferred
Inland Steel Co
2,300
77/a
183
8
Co:
Rayon
Ingersoll-Rand
900
182
15%
79 V4
RR
Industrial
182
81%
16
5,600
.
118
*178
80 Va
Jan
39%
118
180
81
15
A
39%
118
81
Apr
Indianapolis Power & Lt——No
180
202
series
Terminal
36
Industrie Electrica De Mex, S A
117%
211
99%
1000
Sep
Oct
1,700
179
210
21
1,900
116%
216
Jan
13%
179
210
Jan
93
26%
116%
'
85
40
118
12
Oct
13%
180
12%
45%
41
26 Vi
118
12 Vb
Oct
7
13 Va
*178
42
18 Va
Feb
40
37
43
7
54
26%
122
7%
Feb
13
13Va
26%
180
*42%
30
Jan
—100
4%
ctfs
19
13
43
.100
A
40
36%
8%
Stk
Illinois
20
Co
series
13 Va
*178
43
lines
Feb
20% Jan
100
_
RR
25%
38%
*118
43
Central
13%
40
*7%
<
Co
preferred
RR
2,300
■
'
6%
Leased
19%
9%
Power
Illinois
94%
"7'4 9
9
23,700
50
*92%
Idaho
25%
13 Va
40'A
24%
800
49
19 Va
8%
37
*46
94%
19
9
*36
98
Feb
8
101% Feb
18
39
31%
Dec
53%
Nov
Feb
99
Sep
108
May
30% Jan 30
18%
Oct
34
Apr
22% Feb
17%
Oct
36
May
K
18%
18%
H 0 OO
108
24%
52%
*17%
*107%
24%
52%
24
*52%
18%
24%
54
17%
17%
107%
108
17%
107%
*107'A
24
*50
16 Vb
16%
15%
16
♦24%
25%
24%
24%
15%
23%
24 Va
52
52 Va
15%
15 %
24%
X23 %
23%
23%
23%
16%;
45%
15%
16%
45%
16%
16%
45'A
44%
17%
*78
17%
79
30%
*17'A
77 V*
45
*44
25%
110%
25
46
V*
110
90
54
16%
45
108
15%
44%
x25%
*107%
108
15%
16%
*108
*107%
15 Va
45%
45%
108
52 Va
16%
26%
600
15 »A
24 V»
45%
112
18
51%
52
15%
24 Va
16%
*25
*17%
25
46%
*45
18%
24
16%
*110
*17%
*44
25'A
25%
110
109
24
*52
16 '/a
16%
45%
44%
23
23%
44%
1
45
*44
44
25
109
17>A
17'A
18 Va
*17%
76'A
77'A
74
75%
74%
29%
30 V*
30
30
■*
no7
17%
29%
30
400
99
98%
98
35%
35%
98 Va
35%
98%
98
35%
35'A
98%
240
36
35%
52%
35%
52%
35%
52%
35%
52%
5lVi
52
51%
52%
52%
52%
47
1,400
47
34%
35%
52% -52%
46
45%
Saturday
5%
6
45%
45 Va
Tuesday
Mar 10
Mar. 11
* per share
5%
6
98%
45%
30%
46%
t per share
5%
x5%
11%
11%
11%
12 %
40%
12%
12%
40%
*11%
40
40%
12%
40%
X40
12%
40
12
12%
*51%
55%
*52
55%
*50'A
51
50%
27%
28
27%
*98%
5%
12
40
12%
50%
50%
51
51
27%
28%
28
28 %
*99 Va
100 Va
99%
99%
*98%
99%
•52
10%
11
10%
11
10%
37%
10%
38
10%
37%
38
37%
37%
7
38
6%
7
6%
6%
7
2Va
2%
*35 Va
63
*22%
23
*8Va
44
2%
*35%
23
2%
2%
6%
2%
51
50%
27%
27%
•98%
99%
*98%
99%
99%
10%
10%
7%
11
10%
37%
37
7%
7%
6%
■
22%
22
22%
50%
49%
50%
10%
10'A
10%
49%
10%
10
10 Va
10
31%
*30
30%
*85 Va
88
•85
88%
86%
87
86
86%
188
187
40
•37
54
M;
187
*7%
44%
43%
1,600
19
-
22
50%
22%
3,100
50%
50%
10 Ve
49%
50%
7,200
10
10%
10
10%
v:
>
*30
31
29%
30
88%
J.
*85
88%
85 Va
84%
85%
85%
85%
187
*185%
37
37
38%
54%
38%
53%
54
*37%
54
54 Va
48 V*
39%
*53%
54 Va
47%
48%
188
*186
49
188
44%
44%
44%
25%
24
107%
*101
44%
25
107%
43%
44%
24%
43%
24%
24%
*99%
105%
18%
18 Va
18 Va
18
18%
17%
23%
23%
23%
24%
22%
23%
74%
73%
74
72
72%
19 Va
18%
18%
17%
18%
20
19%
104
20
73%
*18%
20
20 Va
169
169
28%
20
*167%
169
169
17%
28%
28%
28%
28%
48
48
47%
47%
22%
22%
*98
99
17%
18%
*98
17%
18%
is
23%
23
71%
72
72
18
18
18
19%
20
169
28%
48
22%
44
24%
*103
23
169
48
43%
24%
104
*27%
:■
47%
19%
169
*168
27%,
*28%
43%
22%
22
22%
21%
'
99
98%
98%
*97%
98%
18
17%
17%
18
19
900
37
13
'21% Nov
21
116% Feb
13
108%
14
20
Mar 12
85
Feb
29
Jun
82
Dec
100
Aug
13
Oct
46
Jun
Dec
101
33% Feb
97
99% Mar
34
48%
26 %
Jan
11
6
96
Jan
16
39
Feb
5
33
11
59
Feb
4
43
Sep
Sep
45% May
62 Va May
No par
45% Mar 11
50
Jan
3
43% Oct
65% May
i
44%
3,500
24%
2,200
104%
100
18%
17%
17%
18%
vr
98%
19
'
10,100
17,500
23
71
*17%
19%
22%
*97%
22%
71
49
Nov
,
Range Since January 1
Lowest V
$ per share
5%
Sep
14
Jan
9
11%
Dec
14%
44
Jan
31
38
Sep
68
14% Feb
8
13
% Nov
T
Feb
Jan
50
Jan
15
56% Feb
27
Feb
26;
99
Feb
20
13
3
30% Feb
10% Jan
4
37
$ per share
8
53
—3
Highest
$ per share
26
Mar
11% Mar 14
50
—5>'
Lowest
'
$ per share
I
5% Mar 14
11% Feb
40
Year 1946
Highest
29
56,
52
Feb-' 8
,
20%
Nov
34%
102%
Sep
-10%
Sep
82
99% Feb
Oct
Sep
Apr
Apr
4
44 % Jan
9
Lehn
168
17%
8% Feb
Series
7
17%
,,.
Link
Jan
55% May
11
~13
9% Feb
11
50% Feb
7% Jan
10
41%
190
21%
7%
Jan
6
21%
Oct
33
Feb.
8
21%
NOV
44 V2 May
10
84%
Sep
103 %
102
49% Mar 11
9% Jan
59% Feb
185"
Mar 11
Jan
2
8
83
Sep
33% Jan
9
43
Nov
74%
96% Jan.
2
10
Oct
98% Jan
i,
2
28%
Oct
Feb
10
62% Feb
17
47% Mar 11
56% Feb
190
42% Jan
24
3
3,300
98%
Lowenstein
20
4,700
4%%
Lukens
A
1
100
10
14
Sep
Oct
s.;>
i
72%
108
30%
Feb
1
July
-
Jan
s
20 %
Nov
43% May
79% Feb
5
18%
Dec
45%
8
23%
NOV
43 %
19% Mar 13
21% Jdn
3
99 -V
Dec
167% Jan
6
8
& Sons Inc
20
Feb
'/.
48%. Dec
Dec
Jan
22 % Feb
16
Co
97
27
26% Jan
pfd series
27%
x45%
4
13
46% Jan
(M)
cum
Steel
88
?
65% Apr
Nov
Mar 14
50
1,800
17%
100
210% Mar
44
17% Mar 11
71
No par
El
Oct
Dec
7
Feb
Jan
Dec
9
20
May
37%
30% Jan
16
A_
&
'
183;
:
47% Jan '
22% Jan
/
;
Jan
Apr
37%, Jan
66
Feb
109% Feb
11
16 % Jan
No par
•:
16
Mar 10
102% Jan
Nashville—
Gas
&
43
10
42% Feb
16
36 % Mar 14
41 % Jan
May
15 Va
10% Feb
15
29% Mar 14
84% Mar 14
No par
Corp
preferred
Louisville
Jun
24
25
A—
No par
Co———10
Louisville
Apr
7
———
l.ooo
-
65%
Mar
Bell Lumber
(P)
15%
Oct
Jari 15
Lien Oil Refining Co—*
No par
Liquid Carbonic Corp
No par
3%% preferred
——
100
Lockheed Aircraft Corp
1
Loews Inc
No par
Lorillard
6%" Oct
18
—.—No par
Cement
Jan
64
Apr
38% May
22
—-—100
Star
Nov
•
Locomotive 'Wks__—-No par
Long
5%
Oct
Jan
18%
Jan
2
85
Lone
17%
Corp
Corp
Co
2%
3% Feb
25% Feb
Jan
43% Mar 11
B
Belt
6% Sep
49%
19
;—..
Preferred
Lima
13
2% Jan 16
<
5
No par
Libbey Owens Ford Glass—No par
Libby McNeill & Libby
7
Life Savers Corp
.
—5
Liggett St Myers Tobaccol
-25
Stores
5,100
27%
48
21%
Prod
Fink
&
Lerner
1,600
168
27
17%
(The)
2,200
,
20
47%
*98
6'A Jan
—
172
Feb 13
Jan
29
29% Jan 31
53
Feb
7
Jan
Aug
,:
V
64
Jan
94
May
25%
Nov
.41
Apr
17%
Oct
35
Jun
18% Jan
16
26% Feb
18
x20
97
Jan
31
99
Jan
8
166
14 % Jan
2
20
Mar
6
24%
Nov
31%
197
Dec
32%
Sep
.
•
;
Jan
120
For footnotes see page 1471
Jan
May
4
12Va Feb: 13
Mar 14
9%
Dec /
■
49
13
*
>103%
169%
28%
,
48% Jan
No par
& Sons Co_.i
]
43%
20
Dec
15%
6
Range for Previous
Lily Tulip Cup Corp
2,000
1,100
24%
23%
108 Va
Dec
7
Jan
14
—-No par
400
,
44%
72
May
30% Aug
Feb
s
29 % Jan
;
t.
230
.
53%
24%
22
•
800
105 Va
48%
22%
900
12,700
187
36%
*53
48%
'•;l8V-Vi
Apr
55
13
27% Feb
STOCK
—
(James)
60%
Jan
49% Feb
10
..—
4 % % • preferred
Lee Rubber & Tire
Lees
Sep
52 % Jan
23
16
i.100
—
(The)
Bryant
Jan
107% Jan
Light CO—5
--4
pid
75 Pesos Mex
Co
Jan
No par
series—
YORK
Gas
Feb
34%
30
44% Mar 14
74
Jun
Sep
40% Jan
2
Jun
67
Nov
22% Jan
La Consolid 6%
2,200
187
49
*
_
25%
4%
Feb
40'A
<
26 Va
16% Jan
*18%
39%
47%
32%
Lehman' Corp
187
49
41
4,500
6,300
18%
30
11%
1,400
1
22 Va
23%
85
7
7%
8
22
18%
30
20
44%
23%
22%
*85
85
2
Lehigh
18%
30%
13% Jan
6.400
20
3,600
22%
88%
85
19%
3.85% cum preferred
100
Lehigh Coal & Navigation Co.,—10
Lehigh'.Portland Cement
-25
V;
18%
*85
8
1,400
:
22%
*30
26% Feb
7%
2%
23
Xacledo
2,400
49%
22%
4
44%
2%
*35%
50.
23% Jan
44%
2%
51%
1
Valley RR
50
Lehigh Valley Coal—.
No par
Non-cum
preferred
50
$3 non-cum 1st pfd_.
No par
50c non-cum 2nd pfdJ—No pat
49%
22%
Dec
10
<
7•'.
2%
44%
Sep
15
11
*
*35%
43% ;44%k
18%
18%
45
13
Par
Lane
,900
37%
8
8%
Oct
8
17% Feb
EXCHANGE
Lambert
'
10%
37%
.
7%
8
18%
55% Feb
—No par
Inc——r
NEW
4,600
27%
2%
50 Va
*101
Co
pfd
1,200
.
50%
27%
23
22 Va
49
50%
.49%
18%
54%
54 Va
*53%
50%
2%
44%
49
*53%
55 Vb
28
22%
8%
54
55%
V5 300
12%
*35%
8%
49
11%
23
18%
*37%
12%
63
44%
*185
8,600
'•
(
40%
22%
8%
%
12
40%
*35%
18%
30%
12%
5%
*11%
i
63
: 44%
■;
12%
f 38
28% Feb
13
15 Va Mar 14
cl A
Shares
23
18%
i
$ per share
5%
41
12%
16
5
——1
conv
...
the Week
11%
55
Cum
Sales for
Mar. 14
5%
22% Jan
49% Jan
5
STOCKS
Friday
Mar. 13
12%
*11%
10
108% Mar
par
.1
Co_——
Kresge;(S S) Co_
Kress (S H) & Co
Kroger Co (The)
2,200
Thursday
t per share
5%
&
Class B
Koppers
5,000
Mar. 12
40
*50
0
1,600
Wednesday
,
I per share
5%
17% Mar 11
107% Mar 11
—100
preferred—
(Julius)
LOW AND HIGH SALE PRICES
Monday
Mar. 8
$ per share
46
*30
Southern— —No
City
non-cum
Kinney (G R) Co——
$5 prior preferred 4...
280
99
46
10
100
—
190
17%
74% •
99%
46%
Furn
Kennecott Copper
—No par
Keystone Steel & Wire Co- ...No par
—No par
Kimberly-Clark Corp
i_100
4% $ortv. 2nd preferred
300
1,500
109%
17
.
17,200
30%
98%
&
Kelsey Hayes Wh'l
2,300
,
74%
75
4%
Kayser
400
25%
18%
Kansas
1,500
4,500
30'A
46 Va
Stove
City Pwr & Lt Copreferred
3.8%
3,100
44
25%
109
109
45
25%
25%
78
*17%
24
30%
*99
,V;
Kalamazoo
Kansas
45%
v
17%
-
-
1
.
•
Jan
Aug
Jan
x/xxz
■V
Volume
m
P
Number 4577
165
><:
i
.
1467
CHRONICLE
THE COMMERCIAL & FINANCIAL
■ •
■■'4.4,:-
i-.//.*' X
/'•;X:
NEW YORK STOCK RECORD
'
XX v./i;.
XX'4, /
/X'
I
".:>•.. 'V. '
■■
.
V
■
LOW AND HIGH SALE PRICES
Saturday
$ per
f
Monday
I
8
JMar.
Tuesday
Mar. 11 wX
Mar 10
.
Sales for
the Week
$ per share
'
"
35 %
153
r
51
51
i.
51%
,
37%
111
*108%
19%
19%
15%
15%
'
10
34
35%
37%
111 SX
13%
19
*420
*18%
15%
19%
15%
*15
520.
;
13%
*420
3,100
1
4,000
36 *.
^
,\
13%'
19 y8
15%
13
*18%
/
520
*420
,
9%
10%
19
10
10
,
'
*13%
*13%
31
14%'
13% '
13%
*30
14%
*30
30%
29%
30
93%
13%
29%
*293/4
4%
*4%
25%
4%
25 %
-•
4%
23%
4%
4%
-
24%
4%
24%
''
"
7%
i2%x 12%
7%
■
32%
31%
32
31%
V
73/4
.
4%
41/a
24'4
7%
7%
23%
24
7%
7%
7%
7%
13
*12%
12%
31%
12%
123/4
110
29%
30
32%:
16
6;
Bros.
29%
30%
29%
18%
17%
17%
4417%
56
55%
56
29%
29%
273/4
30%
17%
56 V
29%
30
30
29
27%
4.
30%
28%
30 V2
30%
17%
17%
56%
561/2
29%
29
X
304
Market
17%
: 17%
^5~300
'
163/4
V
'
*185%
192
*
44%:
■
45
*105%
105%
'
27'/a
*185 V4
*185% 192
45%
> 44%
105%
••
192 4
'
.
55' '
55
"
30%
28
185
29%
29%
293/a
283/4
188
27%
28
185%
*185
•
'
443/4.
44%
441/4
105%
44%
97
11
11%
1041/8
*43
11%
97%
*97'/a
97%
97
97
11
11 %
*11
11%
11
11
-
*45
47
'
"700
2,100
120
;
44%
43%
43%
42%
43
31%
32%
31%
32
31 y4
313/4
107%
*37
37%
28%
28%
28%
28%
*50%
51%
51
51
38%
37%
*104%
105%
30
104 »/a
-
;
McCall
2,800
McCrory
28%
28
28%
273/4
273/4
28%
28%
51%
51'/a
51
50%
50%
353/4
36%
*104%
1
.,»■
36%
;37%
35%
36%
36%
51%
3 6 3/a
105%
*1043/8
105%
*104%
105%
.120
35%
35-
1,600
Electric
McKesson
"Tooo
*23
23%
23
231/4
22%
22%
22%
29
29 %
29
29%
29%
29%
2y'/4
29%
29%
20%
20%
20%
20
20
20
103%
102%
102%
20%
103%
20%
*102%
20%
*102%
102%
102%
*1023/4
103%
*102%
1031/4
20
48%
48%
*48%
49%
48%
48%
48%
48%
48%
483/4
48%
600
22%
r
23
22%
23%
22%
22%
22 %
23
22%
22%
22%
22%
3,200
Melville
Shoe
21%
20%
21
20 y8
20%.
20%
20%
20 3/a
20%
20
201%
4,900
Mengel
Co
I
*21
*6G%
66%
63 %
64
60%
603/b
*62%
I
65
61%
61%
60%
60 3/,
17%
17%
17%
43%
*41%
17
17%
*41%
43%
*56%
42%
108
42%
40 %
40%
107%
107%
107%
16%
15%
i6 y«
15%
*100%
42%
*40%
33%
34
33%
33%
363/4
361/4
36'/4
35%
106%
16
341%
38
37
12.:
12%
12%
13i/4
11%
12%
13%
1
12%
xX
101 y8
*40
34
xx
'it-',
1011/0
1071%
*59
■*
113%
114%
ni3%
52
•
51%
523/4
*114
*154
157
11%
11%
-■,":*
11%
,•/."■
58 »/2
58%
114
52%
52%
103/a
103/a
10
103/b
10
10%
10%
*113
114%
*113
114%
*113
115
113%
113%
29
291%
29%
29
29
29%
6
5%
53/4
5%
6ya
5%
20%
21
20%
2iyz
20 %
20%
20%
21%
20%
*43%
45
42 %
43
41%
41%
41%.
41%
*4P/4
11%
11%
,
11%
30%
*29%
*116%
*116%
117%
115
*112
r
120
115%
*1101/4
115
108%
54%
57%
58'A
56%
24%
251/4
24%
57
50%
51
51
20%
20%
20%
20'/4
22%
22%
21%
22%
17%
18
*107%
109
23
22%
23
17%
17%
*107%
110
*41
44
*41
44
*55%
57%
*55%
57%
*115
1,700
108%
900
57 %
23,000
24
25
*54
57
Min
Minn
,
18
&
preferred
Corp
$6.50
A
.1
No par
-10
7 %'
;
*107%
22%
2,300
17%
2,200
107%
107%
40
143/a
300
37%
2,800
109
143/a
143/a
37
*14
37%
X109
110
109
:
37%
13%
41
*40
57
*54%
57
*54%
100
543/4
543/4
4,700
42%
*40
190
13%
12%
44
13%
110%
*109
133/a
13'/a
41
100
30
17
77
61%
453/8 May
62%
.
Ward &
10
100
.7
28
3
25% Feb
7
51% Jan
2
8
13
19% Jan
41% Mar 11'
:■• 13% Feb
10% Jan 16
28
Jan
3
128% Feb
108% Mar 14
52
Jan
Dec
'79
Apr
113/4
Dec
Apr
;■>:/>':v
64
Dec
•j;
111%
Sep
135% Jun
104% May
6
16
8
57%
Dec
3
26% Mar
6 1
20
Nov
30%
7
54% Feb
4
50%
Sep
62
Jan
44
Jan
16
6
40
NOV
56
Jan
Jan
13
24% Feb
7
15%
Oct
16
273/4 Feb
3
19
Get
36
18
19
15
Apr
Jan
6
15% Feb
10
13%
Sep
22
Mar 13:
40% Feb
10
323/4
Oct
106
36% Jan
X109
Jun
108%
Jan 29
11
112
27% Aug
49
i:V
/)■■-:
Jan
93/4
Oct
22
443/4 Feb
13
33%
Nov
55% Feb
6
Jan
>
May
114% Jan
31
2
11% Jan
37% Jan
54
22/4 Jun
Feb
109%
Oct
102
151
Jan
13
14% Sep
20% Feb, 21
14
•1/
Jan
May
:W
5
24% Mar
21"
Feb
Jan
104% Mar 14
5
1
100
—10
50
No par
Mar
52
21% Jan
1
(G C) com
4% % preferred—
Murray Corp of America
4%
preferred
—;
Myers (F E) & Bros
64% Feb
34%
"«
5
Murphy Co
W-'
,yi■
45
Dec
Sep
Jan
B————1.
No par
—
'••.■
•
23% July
28%
4
117% Mar
Jan
43%
:•
56
Jan
29
50
15% Feb
Jun
70
Dec
;•■?■:■:
/■>■>:
N
Mar. 8
$ per
Wednesday
Thursday
Friday
Mar. lii
Mar. 13
Mar. 14
the Week
$.per share
17 %
16'/a
16%
16%
25%
25%
25%
25%
291/8
29%
16%
33,200
100
25
25
28 %
29
133/4
14%
11%
11%
26%
*25%
28%
29%
29%
29
14
14%
13%
14%
13%
14%
14%
14%
14%
•14%
12%
12%
12
12%
11%
12
11%
11%
12
12'A
15%
15%
15
15
15%
15 y4
153/4
15%
15%
*15%
15%
'
I
31%
313/8
31%
185
24%
*22%
185
*24
187
Ve
*14%
25
31 Ve
23%
23%
*183
3,000
National Acme
National
Nat
1,000
National
100
National
11,200
National
25
*23%
300
300
2,100
National Cylinder
Co
'Dairy ' ProductsNational Dept Stores.:—
National Distillers Products
11%
39%
40
12%
12%
12%
X>,
37%
37%
36%
373/8'
36%
37%
37%
38 3/a
37 %
38
15% '15%
>31%X31%
153/4
16
15%
153/4
16
16
15%
16
153/4
153/4
31%
32%
31%
31%
31%
31%
31%
31%
31
313/a
17%
17%
t
19%
v
' 38%
*38%
22%
,
17%
20%
22%
21%
105
*152
.
XXV: 7
'
19 3/a
197/8
38
38.
105
186
*104
154
7
*
v
7
23
48
30%
188
154
x6%
23%
48
103%
31 %
*151
7
*23
i
19%
1041/4
191/8
*38
47
*1041/4
154
*6%
23%
47%
-400
22
313/a
7
23%
47%
233/a
45%
23%
46%
700
'
'
271/4
2G
26
13%
131/4
13%
*91
'9.2%
1%
173/a
17%
16%
16%
83
; 13%
13%
13%
:
*91
.
1%
84%
*26
27
27
1%
1%
84%
86%
•'84
•
92
92
27%
27%
27%
26%
26%
1%
.
833/4
27
*26 Va
1
27
27%
113/4
113/4
22%
22%
22%
221/4
22%
17%
17%
*17%
173/a
173/a
*105%
106%
*105%
106%
17%
*105%
11%
*11%
11%
11%
11%
11%
11%
23
23
23
23
22%
22%
*221/4
17%
18»/a
17%
17%
*105%
106%
*105%
106
35
35
*105
106
For footnotes see page
/
;
34%
34%
105%
106
X33%
*105
34%
106
*34
105
35%
105
-
34
'
105%
34
Enam
•National
Stamping
&
;
:
J
-Gypsum
Co
:
\
.
-
$4.50
;
"""600
280
20%May.
21
Dec
28%
Jan
29% Feb 24
20 3/4
Oct
34%
Apr
163A Feb
Jan
13
Jan
17.
34/4 Feb
Oil
21
Jan 23
1% Jan
90
15% Jan
serial preferred—100
Co (J J) common_No par
preferred
100
conv
Sep
178
Dec
207
Jan 28
*149
Oct
173
Jan
10
6%
20%
Oct
6
41%
Sep
V
2%
1% Aug
Sep
Sep
2
10
25%
Dec
38
Apr
11%
Nov
.25
32
Jan
Jan
18% Feb
16%
Nov
21%
18
29% Jan 24
Dec
89
13
943/4 Jan
101% July
75
8
Oct
10%
42% May x
24% May
Sep j
24% Feb
17
183/4
Oct
15
18% Feb
10
16%
Dec
13
106% Jan
16
Feb
13
12%
'
38
106
.
.;■
Feb
15
323/4 Jan
22
Sep.
109% Aug
Dec
104
Nov
43% May
103% Nov
110% May
25%
Mar 11
/
Zx/W '■
'////../..Z"-'
■.XV/.:/::;
.
/:'/
■/>\X:->-:>:Z:.//:X;.:;/X;;::'/:/>;>
■'•:"//■: V/X/'/A:'';... XX'-X ■'/'/"/:/.:
•■/.Xv.'/X1'' '•■1XA;-:'' ":■//.
\
■:■••• "
: <■/-; ■•■..;>.■■/ /■;■> ■ ••'••■;.
:/■/.; . '
/ //"'X',.,;;:
'/./■/rv^/x■■.;,>/;/:;./. x.v"-yX
^
;
_
,
_
>
106% Mar
14% Nov
■
13
17
!•;
72% May
91% Feb
28% Jan
Feb
18
■:
r.i
r
10
31% Jan
July
Apr
10% Aug
41% Feb
Nov
31
Apr
40%
15% Feb 11
3
1/v
108% Jan
173/a Feb
102'A Jan
Newberry
Jun
Oct
323/« Aug
13/4 Jan
*
2
16% Jan
Feb
33%
27
53% Jan
20
11% Jan
105
«
9
28
13
20% J an
—
Jan
Oct
102%
2
15
7% Feb
Mar 13
Jan
•67%
,16%
15%
•
Feb
167
2
24
Nov
19% NOV
313,4 Nov
6
189% Jan 30
16
Mar 11
Z12% Jan 13
xl6
Mdr 14
20
Aug
45% Apr
Jun
34%
35% Jan
107
20
79% Jan
Corp
23
Oct
25% Jan
Mar 11 •
Jan
Dec
Sep
20/2 Jan
Jan
2434 Aug
38 3/a
15
22% Jan
2
i
Feb 19
6
5
23
45%
Oct
Feb
30
Jan
42
16
47'
Nov
13
24
3
38
6
6 3/4 Jan
Apr
Feb
173/a Feb 21
>
26
183% Jan
155
Mar
213/4
x
Apr
32%
31
7
14% Jan
7
40% Feb 13
Mar 11
30% Feb
205%
9% Nov
7
;
/:
37% May
Oct
Nov
22% Oct
180
403/4 Feb
.
16 /
23/
103% Jan
No par
Nehl
Corp__^————Nd par
Neisner Bros Inc
1
33/4%
Mar 11
173/4 Jan
distribution
—25
National Sugar Ref Co—No par
National Supply (The) Pa——10
$2 conv preferred
—40
Co
13% Feb
3
Jan 13
37% Jan
Products. Co—>—4
Steel
10
16% Jan 13
National Power & Lt ex
National
Jan
25%
15
185
Jan 28
26% Feb" 13
15 Va Mar 11 •
conv
National
43/4%
<
Sep
13%
30
1
Natomas
1,100
1,100
10
32% Jan 13
No par.
No par
"800
r
1061/2
105%
Nat
1,800
1900
34% Jan
7
'
4%%
preferred———100
National Tea Co_/_—
10
Nat Vulcanized Fibre Co———L
220
143/4 Nov
Feb
1471
/X'-:'.//■'/■/""■;
;>x>:/>.x
i"
2,600
.
26
26
11%
n%
35%
4,300
16
*113/4
>;
106
S
16
16
106%
400
89%
16
18%
35%
>
*87%
■.
16
16
16%
16 X
*105
■. ;:
'
16 >/4
*105%
X16
90
27
3,600
13%
17%
90
16%
■:v
13,300
«
26
17%
16%
•17%
26
14,
16%
V *17%
27
*26
17%
:
1%
83%
90%
90%
1% •/
•
83
13%
1
•
1%
84
13%
13%
17
;
1%
84
84%
*26%
17%
90%
'
*27%
.vi. 1%
'
17
X
.
83%
6
14
12
.
154
6%
16% Jan
13
34
preferred
No par
National Lead Co—————-10
5,000
7%
preferred A
10Q
>s 90
6%
preferred
B
——100
National Linen Service Corp
1
""2",500
*
-900 Nat Mall & St'l Cast CoNo par ;
310
16
23
'•
I86y4 186'/4
*151
7
12,500:
«
105%
303/4
188
*151
'
26,300
40
21 Va
31%
*186%
m.
/
24
47
17%
39
21% " ,221/4
104%
*186y4
■
19%
*36%
22%
30%
7 Ve
50
*48
/I48% 448%
1%
J-\}/i
154
*152
23%
23%
24
105
71/a
7
X.
21%
104 /
301/4 v.,, 31
186 3/4 1863%
186
*152
213/4
21
3iy4
186%
*23%:
-
19%
38%
-153%
*186%
j
17%
17%
19%
38V4
221/4
31 %
31
17
17%
20
39%
19%
*104
h 106
31
•
,
17
1.7%
17%
17% *
Gas
Nat
13
Jan
27
J
19%
38%
Jan
413/4 May
11% Jan
No par
;
5
11%
393/4
12%
Jan
52%
Sep
182
Z
1
7,100
2,400
11%
39
12%
25%
Oct
27
15
13 /
Corp-————10
——No par
8,500
11%
40 y8
*12%
Oct
23
6
Jan
Nat City Lines Inc——————1,
National
Container1
11%
38%
12%
7
13
Jan
30
Jan
Nat Cash Register—
.11%
393/4
19% Feb
293/4 Feb
14
5%
preferred-——
—*—.100
Nat Bond & Share Corp
No par
National Can
11%
%
12
Jan
24
4
10
Co
Biscuit Co common
Battery
Highest
$ per share
share
Jan
.
2,400
11%
39
12%
■5r?'
Corp
7,900
11%
39
12%
4,;
Aviation
1
—5
Inc..
$ per
share
11% Jan
13
——1
Fibres
4,000
11%
38
12%
38 y8
25
■Co———1
Airlines
Automotive
$ per
share ''
2
13
273/4 Jan 13
14%
5
•
11%
39
12%
37
$ per
Ik)u1s——100
/
11%
38%
p.
7
Par:
Corp
Nash-Kelvlnator
Nashville Chatt & ^t
4,500
190
■•" ■'
■
-
4,900
j1
X
>
.
30%
30%
*183
"24%
:
Lowest
Highest
Lowest
EXCHANGE
271/4
*26
31%
190
24%
24%
*23%
27
30%
31%,
185
185
185
*26
27%
*26
313%
31%
*183
29
29
29 y4
29
26%
26%
271%
313/4
*26%
27%
*26
*183
I;
Shares
16%
16%
261/2
*25%
X
:
$ per share
17%
*25'%
17
26
163/4
17
$ per share
$ per share
Range Since January 1
YORK STOCK
NEW
Sales for
Mar. 11
$ per share
share
16%
Tuesday
Mar 10
>
Range for Previous
Year 1946
STOCKS
LOW AND HIGH SALE PRICES
Monday
Saturday
.
:
•
17%
19
17
32
Mar 11
May
'
Oct
Oct
42
14
Feb
63% Feb
2
53% Mar 14'
115
5%
/>;■■■ ■■
Mar
44
Sep
Feb
," 129
Sep
34% Jan
53
new
Inc
115/8 Feb
'i
18% May /
55% Jan
Corp__
Munsingwear
13
.
Dec
60
Apr
Oct
8%
7/
'
:
Mueller Brass Co
40%
Z/.H
119% July
20% Jan
—No par
Corp^
Mullins Mfg Co class
1' $7 preferred
Jan
283/4 Maf 11'
——50
No par
cum
Morrell
Apr
68%
Oct
105/4 Dec
10
Inc
pfd
(John) & Co_
$2.50
263/8 Mar
Oct
9%
45
7
25
No par
Co
Lines
Moore-McCormack
103/4 Nov
24
Jan
$73
July
147/a Dec
Oct
140
Mar
.59% Jan
Z 12% Feb
7
53/4 Mar 13
preferred series A—No par
Preferred
called—L_——
Montgomery
Apr
181'A Feb
,
Nov
32
66 V2 Jan
2
104
;x
$3.25
>
Jun
113%
31% Feb
Jan
Apr ;
May.
110% July
10% Oct
114% Feb
8
9Va Jan
--No par
common—5
Monarch Mach T00L
Monsanto Chemical Co
1,500
233/a
Jan
143/s Feb
13
Jan
51% Mar
—i—20
Mojud Hosiery Co Inc:—:——1.25
Products
16 3/4
3
-
1-100
preferred series A_
Carpet Mills
Wheel
22%
52%
Sep
Sep
97
Dec
39% Oct
104
Nov
-14% Jan
57% Mar 14'
No par
RR
Mo-Kan-Texas
Motor
22%
36%
42 % Feb
156 /
10
Jan
10
Mohawk
Motor
23
32% July
18% Dec
•
V 54
10
Feb
39
16
Jan
111
Mfg
4,400
23%
14%
110
300
Jan
18 % Mar
11% Mar 12
3
—100
No par
Minn Moline Power Impl—:
Mission
•'
19%
19%
37%
•
2,500
52
*51%
57%
*55%
117
56%
13%
*41
MOO
8,800
108%
44
13 Va
13%
2,300
-•
54%
53%
57%
37
110
13%
13%
111/4
31%
*30
*14
14%
110
110
111
8,300
18
109
37
.
50
3,200
5%
11%
11%
55%
20
*107%
37
4,900
,
1,000
31
149
No par
Minn-Honeywell Regulator
3.20%
conv pfd series
9,200
19%
109
*14
10%
30
41%
20
23%
14%
2,100
;
,
114%
'
30
53
*22%
37'/4
53
500
21
*51%
18
14%
114 -X'
.10
f
2,900
1,800
Jun
NOV
Mar 10
■
Nonpar
;
105%
47%
16
34% Jan
No par
Nov
110
6
33% Mar 11
——10
Jun
61
103% Mar
13% Jan
—5
—
Steel Products
35%
8
■
Jan
105
pfd-100
18
Feb
653/4
40% Mar 11
6.
—
.•—100
X.,
57%
?
Co
26 8/4
6
Oct
Oct
19% Jan 28
3
47% Jan
3
97% Jan
-No par
preferred
cum
Machine
Mesta
Metropolitan Edison 3.90%
Oct
20%
.61%
141
55 y4 Mar 14
Z%. cum ISt preferred-
5%
53
23
37'/4
113A
>#113
57
23
14%
13%
*54
22%
37%
*110
57
22%
14%
$3.50
j—
Aug
57% Aug
43 Va
7
73
41% Feb 25
,
1
107%
/,
5
24% Jan
Mar 11
17
Co— —No par
Minneap & St Louis Ry_;
Minn StP&SSMA vtc
253%
*17%
37%
'
111
25
23
23
*107%
109
59% Mar
..
Feb
•
25%
603/8 Mar 11
VXV;
35% Apr
36
Jun
30% Apr
;
Sep
103
Jun
108% Mar
Jan
50
31
Mar 14
20
Mercantile Stores Co Ltd— —No par
Trans
Jan
22 % Mar 14
1
50
'■„;/• 30
\
41%
110%
17%
22 y4
17%
Corp
(The)—
1st preferred-
105% Feb 11
'
1,400
:■
20%
x57%
25%
19%
203/a
23
22%
.
47
102% Mar 12
1
Midland
5%
57%
*51
19%
50
preferred.
Miami Copper
Mid-Continent Petroleum
21%
110%
*54
*51
50%
t.
/57
*54
.
42
115%
X25
53
*54
Sep
-
v25%
57
1
ll3/a
& 52%
v-
115%
56%
57%
25%
54%
115%
noy2
108%
58
25
*29%
543/4
115%
116%
11%
31
*29%
57%
*54
11%
113/a
11%
31
55
54
56%
55
56%
56
ll3/4
30%
11%
31%
6
30
155
1133/4
'
10%
*30%
Oct
183/a
1,400
8,600
•
57%
53
29%
6%
35%
•
11%
11
114%
114%
6
22
8
Co
Jan
56%
NOV
3,100
15%
34
,154
=,
10%
28%
50
33%
113/4
114%
51%
52
1,800
35%
29%
10%
20
20
-
x" *113 x
v/,
25% Feb 21
Apr
69
16
2 2 3/4 Feb
200
42%
48%
213/4 Jan
31% Feb
Merck & Co Inc
46% May
.
E)eo
16
'
58%
58
;;
IOI1/2
15%
34%
38
12
xll %
131/8
16%
33%
11%
11%
//, 58
59
113% 114
113%
52%
52%
11%'
11%
13
/
59%
16
1,700
107
107
1063/4
*36
157
*154
55%
Apr
Sep
Sep
Sep
102
102
14
Min
Dec
23%
30
20
3,900
55%
1
105% Feb
171/a
553/4
20
Feb
Jan
&
May
122
2
17%
55%
Jan
Jan
Merch
Apr
.43
102%
7
39
28
conv
Sep
Oct.
25
"18
2nd
Mar
71
Jan
Ino...
Mead
4%
118
42
1073/4 Feb
15
Mar l'4
35
-No par
1
-Co—.
Mfg
McQuay-Norris
43
Jan
101
/
7
Jun
111
Jan 23
33% Feb 21
41% Mar 14
-26% Jan
May
,97-
>
39% Nov
17%
Xl53%
154%
4
Nov
Jun
55
Dec
44
17%
36%
154%
Jan
17
Sep
9% Oct ' /
45 Va
6
5 %
35
157
113
Preferred called —:
16%
*154
xl09% Jan 13
'
8
570
36%
157
4
Jan
260
34%
*153%
8
Jan
44
595/a
16%
I
Feb
50
563/4 Feb
61%
42
41
12
25
16
613/e
101%
*106%
13
Jan
112% May
14
59%
56%
*101%
1013/8
*101%
103
Jan
46
Nov
May
70
•
Deo
93%
97% Mar 11
Jan
10
10
1,600
2,100
*413/a
45% NOV
103
13
61%
43
25
204%
.
353/4 Jan
61%
*41
Feb
38 3/a May
;
?
Jan
50% Jan
60%
17%
55%
Sep
-
27% Jan
61%
44
*41%
8
48% May
Oct
243/4
5
'
*106%
42%
*106
553/4-
*101%
42%
103
*102
42%
55%
56
x56
58%
.
17 y4
*41%
Apr
18
60
60
Jun
75
195
—No par
Corp———
100
4%% preferred———
29%
20%
1
305/b
27%
23
> 2*
Feb
Oct
Sep
■/
10
Jan
106
45%
12%
49% Feb
25
Apr
112% Mar
,
48
Jan
33 "
t
5/57%
Sep
6
35% Jan
190
v
•
Jan
Sep
31
Co—i__. -No par
63
*60'/a
17%
'
;
*47
22%
>
44% Jan
—
Stores
McLeiian
29%
22
2
Mar 12
<
11% Feb
203/8
32
Bobbins
&
preferred
21%
22%
11
•
Dec"
X109
;
94
-1:
Porcupine Mines-.
21
23
21% Feb
63 % Jan
"
103% Jan 20
>
Co_
Pub
McGraw-Hill
Mclntyre
$4
;
%
—:
conv
McGraw
1,100
3,500
185
■
Corp——-; I—-III
100
preferred
29%
23
,
6
27% Mar 11/
-
;
Stores
1,000
■
-No par
Wks
Corp
3%%
1051%
36
107%
*105%
105%
105%
27
Jan
29% Mar 14
1
—
preferred
L.....^......_100
May Dept .Btores->x-_i--.».--~~jS
1
$3.75 preferred!—.
No par
$3.40 cum pfd_/—
No par
Maytag Co
——
—No par
$3 preferred---——-——No par
$6 1st cum preferred
No par
7%
1,900
36y2 *
Co
Alkali
Mathieson
29%
*29
50%
*104
10
Elec
Master
43%
41%
,
-
35%
36%
38%
105%
38%
42%
30
Xl04%
50%
*104
42%
30 y4
x30
47
110%
*109
37%
35%
28%
37 %
37
*46%
47
U0y2
2,100
107'/a
*105
107 %
*105;
4
*45
*109
140
-
Corp
Jan
8
v
■:
11% Oct
30% Nov
;
Jan
34
16
11
103/4
13
111
16
971/8
*97
.
42%
42%
43%
*105
47
110%
*109
110%
*109
110%
*109
110%
*46
47
*46
47
110%
•'11% :
34% Feb
20
14 3/4 Jan
; 2,300
'■:'"*% 70
1051/4 IO51/4
IO51/4
97%
97%
*97
22/
Jan
//' 46% May '
Sep
:
Mar 14
Jan
29
53% Jan
'
97
29 y2 Jan
109
1
:
No par
44%
441/4
.
Co
No par
1
*1047/a
4
Masonite
/
.185
185
13% Feb
Martin-Parry Corp
29%
28%
25
100
(Glenn L)
26%
Oct
3%
1
11% Jan
Apr
rrxV't/vv.
17
8% Feb
Aug
:16%
7%
27% Feb
2
526
.
Nov
10 ,;
Sep'
17%
;
Dec
12%
j-V
4
Apr
Nov
30% May.
Jun
26
18
7% Jan
2,100
541/2
28%
*29%
-
44%.->44%
104% 105
/
y4'
105
;
56
Martin
5»/8 Feb
23% Mar 14
—No par
CO
&
32 3/i Feb
100
prior pfd
6%
Field
16
14
5
Corp.
preferred
4%%
Jan
27
2,000
•
17%
54
• 17%
-
X/55%
St Ry
Marshall
,
ye Jan 14
3% Jan
12
May
111%
8% Oct
v
Jan
:xl7%
Sep
133/4
2
65
<
:
>
Jun
•■
763/4
Oct
Sep
30
12% Jan
14% Feb
1
.6.25
Midland
Marine
700
Oil
17% Jan
42% May
160
;■•
Nov
;,i6%
6
21% Mar
9% Mar 11
-No par
6
Marathon Corp
4,600
293/a
'29
Ifi;
Exploration.
1,500
5,300
37%
12%
l
520
.1
Shirt-
3,900
31%
)
Oct
1063%
109 Va Mar
•15% Feb
17% Jan
Maracaibo
*109% .110 v
Sep
38%
7
>413/4 Jan
a
26
Feb
13
14% Jan
Manhattan
-
32
*109%
.
*
107% Jan
_1
Mandel
..;■'
8
Z
Dec
140
13
Highest
$ per share
share
32-
9
Jan
.60
Copper-
400
123/4
31
123/4
.
32 "
110%
31%
*109
110%
*110
110%
*110
110%
353/4 Mar 12
100
Magnavox
"700
•'
$ per
56% Feb
2
10
'
*110
38% Jan
140
13
Jan
.No par
Garden.
Manatl
41/a
23%
4 ;■
/
4%
24
"
"
12%:
12%
321/4
32%
;
7%
7%
7%
24%
24
v
pfd
4'A%
""4~500
293/4
*13 y8
30%
Jan
43
Co (The)„_
Coal RR Co_
Sugar Co_
13 y8
3oy2
13%
29%
140
.No par■
Co Inc
series A__.
(R H)
•Macy
Madison Square
700
T,200
93/4
"13%'
Mar 12
34
.100
.No par
Inc_
Lowest
,
$ per share
per'share
Mahoning
:.t
:
-
;
Highest
"
/
9%, ; 10
13%
•V
1,000
Trucks
I
•
Forbes
&
preferred
Mack
•
•
10
MacAndrews
,100
-■••■
,15%
520
X
1087/a
36
1107/a
rl3i/a
19
15
'
520
.
108 7/a
3.6 3/a
*1081%
500
6%
49%
.48%
.
•
36v
;•
13%
18%
15% ' 15%
493/4
/'
'
Year 1946
Range Since January 1
Lowest
•
Par
153
*145
153
x49i/4
33%
*32%
34%
*145
*108%
4
13%
*420
520
■10
34-
51*""
50
37%
*■18%
'
34
*145 X 153
'
37%13%
15% "
; '
<51%
*108% 111
>19%
15%
*420
«
13%
19%
t
520
*420
50%
111
13%
13%
13%
34%
153
•'*145
38%-
37%
7
38
*108%
34%
*145
153
51
34%
*33%
35%
*145
.EXCHANGE
Shares
$ per share
»'*
'i >'
Range for Previous
YORK STOCK
NEW
Friday
Mar. 14
",*"V
''v.
STOCKS
Man 13
$ per share
* l*
'I
'•»
M
/:
Thursday
Wednesday
Mar. 13 "'X
$ per share
S per share
share
"
.
,
■
:
■•
1468
THE COMMERCIAL & FINANCIAL CHRONICLE
/;/'
Monday, March 17, 1947,
NEW YORK STOCK RECORD
Saturday
Monday
Mar. 8
LOW AND HIGH SALE
PRICES
Mar 10
fper share
107
'104
37
37
37
29
29
7a
28%
102 Vi
*104
28%
'100
107
363%
*104
37%
x28 %
102%
102%
18%
4P/4
18 %
41%
19
19
183/4
19
*41%
42
18%
19
41%
19
18
32%
32
*32
86%
*17
88
87
173/4
*22
17
25
■59%
36%
*36%
363/4
'28
28%
*105%
13
105%
<13
40
245'
247%
*122%
*122%
.29%
10%
19%
19
*100%
%
20
500
N Y Chic & St Louis Co
.1500
100
>
10%
10%
x40
*16%
21%
36
20% >203/4
'■
;
23
J11%
10
*116%
*25
<
31
25
31-
■
*159
•
*23
25 r
*88
*159
17
*
60%
*165 /
534
r?j
6%
13%
48%
73/a
*71
*108%
253/4
26%
49
2%
38%
■
39
48
12%
*77
42%
.
34
/
*115
207a
20%
20%
207a
21 %
22
*
34
15
453/4
•'*108-
73/4
*13
4674
108 J/4
'774
X108
>70
*108% 112
:
26%
25%
.25%
48
48
:
3174
127a
44
427a
13
12%
9%
22%
:
35
217a
21%
9%
22%
213/4
22
34
*32 72
50%
17
17
277a
207a
21%
110
110
'106
81
80
29%
40%
573%
*106
24%
*117
106%
26%
*106
,
39%
573/3
106
28%
117%
1183/a
106
105%
106
13%
34%
107
*100
101%
33%
26
•
106%
00
1017a
*26
90
*34
-
*106%
35%
107%
11%
*98
pq%
19
*98
19%
24
V
*185
:
;
*185
24%
:
-
8%
*68%
*15
,
25
347a
n%
19%
247a
24%
*185
3574*
12%
99%
38% .19
24%
'
36
21
45% Jan
2
Jan
16
18 %
NOV
56'%
Jan
44
Oct
9
,
13% Feb 11
xl8%Feb
6
195
x357a
.
83/a
65 %
7072
15
200
page J 471
643/4
*68
13%
*175
120
64%
70
13%
200
120
64%
*6872
14
353/4
8%
6472
*175
)
11
*113
70%
•
14'A
200
&
Utah
NOV
193% May
Dec
25
■
16%
557t Jan
f
/■/; :/.'
-
May
2,400
Parke
317a
1,200
Parker
12#
3,800
Parmelee
13
1,200
Patino
22%
7,000
Penney
Penn-Central
9
213/4
>112%
2,500
600
22
114%
223/4
:-45v;;'
45
Penn
60
32,000
71,900
503/4
943/4
700
16%
163/4
25%
26>/a
20
110
1053/4
29%
103
28%
*10772
9%
Pere
300
287a
5%
300
158
Sep
8
19%
93
Jan
4
863%
Oct
111% May
793/4 Feb
8
697a
Nov
100
1274 Jan
13
11 */a Mar 13
13 74 Jan
18
50
Jan
16
24
i Jan
474%
3
19
73
Feb
Friday
143/a
Sales for
Mar. 14
14%
14%
10#
48%
49%
467a
40
40%
39 J/4
24%
2874
57%
106
57%
106
24%
5,300
Pfizer
40
15,100
57%
980
106
24%
2874
48
24
367a
Oct
473%
547a
Sep
677a Jun
287a Jan
397a Feb
19
287a
Oct
48
105
162
1
5
16
Mar
8
1297a Jan
Mar 11
Jan
168
7
*28
170
24%
11,600
1223%
8
287a
1183/a
1183%
60
106 J/4
106 >/4
106'%
$1
Feb
13
10
28% Feb
24
1874
14
73% Feb
13
5%
16
14% Feb
21
117a
Dec
27
8
1674 Jan
24
13
Oct
203%
Apr
40 74 Jan 13
104 »/a Jan 25
50
Feb
18
56%
Apr
10874 Feb
19
13% Mar
57a Jan
13
Jan
11
70
373%
100
97s Feb
7
797a Feb 15
2474 Mar 14=
13%
13
13'%
4.90O
Phila
26%
257a
2674
4,800
3374
98
*96'/e
33%
98
33%
107
*10574
106
101%
*99
*26
27%
*25
90
*87
90
*87
51
513/4
*34
50%
17 r
...
*1067a
347a
333/4
1077a
♦1067a
*98
12%
12
99%
*99
19%
24.
24
;
:
51
34
■"
Oct
39% July
52
Nov
82
3 7a
Sep
387a Feb
27
Jan
9
357a
Jan
5
347a Feb
21
26
Oct
4874 May
35% Aug
8
2.50
29
Feb
12
No par
Mar
43
147a Feb
11
12
Oct
22%
Jun
14
Feb
10
117a
Dec
24%
Jan
14
84
Jan
8
647a
Sep
81
Dec
42 7a Mar 12
48 3% Feb
11
40 7a
Nov
4
12%
Dec
573% Jun
453% Jan
19
25
74
Feb
11
85% Jan
3
157a Jan
103% Feb
18 3% Jan
16
2574 Feb
2972 Jan
18
35
Feb
117
Jan
Jan
6
27
21% Mar 11
44
Feb
26% Feb
20
100
27
28%
3
25
Sep
6
377a
Nov
43
Jan
8674
Nov
22
13
Feb
3
317a Feb
15
120
35%
8%
10%
*113
36
U
120
..
*68 7a
*14'/«
65
/;
.v
703/4
143/4
200
/
..
19
23
1,000
2.700
513% jan
4072
8%
10%
■
*68 7a
*13
*175
-5*300 •
; / 1,100
'"""16
10a%
65
$4
Pitts
16
16
10
100
Oct
132
Jun
Jan
10
75
Oct
1097»
Jun
34
Jan
Feb
8
4
9% Jan
2874
1C5 3/a
Sep
8 3%
Iron
A
Dec
-
Ltd
i
Screw &
Pittsburgh Steel Co
7%
preferred class
5%
preferred class
1474-
=
"500
5%%
1st
Pittsburgh
Pitts
ser
&
Young &
Ash
2774 Jan
10C% Mar
!t-
1
11%
Oct
207a
Dec
47
Jan
Jan
24
89
Dec
102
Sep
433% Jan
18
3374
Sep
71
I Jan
25
109 *
1047a
Dec
112
7
101
Mar
8
96 3%
Dec
Feb
7
203% Oct
91
Jan
Feb
Feb
26
58% Jan
7
49
Mar
18
Feb
1
16#
33
Feb
26
37
Feb
8
103# Jan
2
108
Feb
19
17
7
i
■
89
Feb/
Deo
1.
»>
29% Sep
10# Jan
Jan
1874 Jan
20
Jan
2
6*
2
16
1374 Jan
99
18
Jan .28
203% Mar
26% Feb
Sep
110
Oct
136-
Ma" 14
7% Jan
•
13
9 3% Jan
16
203
Jan'
42% Feb
9% Feb
13
Feb
61
Jan
16
100
67
Jan
13
100
137a Mar 11
200
Jan
23
-70% Feb
71
Jan
17# Feb
200
Jan
157« Feb
1774
1
H
26 7i <May •
f t Feb
Nov
Dec
July
2
200
// 30
Nov
1
30
Sep
.7# Deo
9%
Oct
59
6872
12%
Oct
200
Nov
ii
"J' i
Jt
1! 1
48% Jan
14
/ 227a
Dec
7
210'iMar
■'
Nov
27
202 ,' May
Oct
23
ii
1061 / Feb
X1672
8
•
|
?
Feb
Dec
i. 103
100
Dec
•
Sep
6
8
«:
(May I i
>7#
10
14
Nov i
dan /;{
89 3%
197
3574 Mar 11
'i
36
1027a
.
:
Jan
7374' Jan iU
41
•
123
186
,
.Jun
36
Dec
84
503% Mar 14
15
97-
.
106# Aug
31
1
100
197a Feb
3
Jan
A
pfd
May
July
May
7
100
pfd
34
122
Jan 29
B
pr
Dec
98
Mar 14
1053% Jan
10
Va
30 3%
Sep
18
100
No par
Jan
Dec
2774
116
,<•
Jan
15# Feb
3
33
76%
1177a
30 7» Feb
16
93# Jan
24%
21
20
Dec
Dec
107
2
2972 Jan
4
Jan
6
118% Feb
3'
5174
2
Feb
109
12# Jan 13
No par
conv
5 8 3% Jan
.
7
Jan 22
1
Co
West
Mar
21
Co—No par
Bolt
<
Jan
105 3/« Feb
100
Plate
Pitts
410
May
17
..
100
preferred
Pitts
Glass
May
24»% Mar 14
No par
5,200
69%
200
7%
80
x48
81
Wayne & Chic Ry
Feb
Jan
Sep
98
Co
I6V4
Apr
29 3%
22
Co
$ per share
3574
26 3% Jan
No par
6,100
13
2
..._100
preferred
Highest
$ per share
13
100
Coal
per share
15# Feb 20
6272 Jan
116
8
Forgings
Year 1946
433% Feb
105
No par
Chemical
$
16
1
5
preferred
Consolidation
Apr
55
'
Ine..i^^.^.^.«..25
Ft
Mar
14%
Lowest
Highest
3
Mills
Pittsburgh
;
50
100
1,700
<
120
6574-
Pitts
Pitts
437a Mar
109
16
No par
&
jan
467a Mar 14
100
preferred
conv
363%
Sep
7
2
Xl07% Mar
5
14
Oct
367a Jan
No par
100
&
Coke
Jan
Jan
Sper share
No par
preferred
Pillsbury
$5
186
36%
*113
cum
Apr
Oct
Sep
237a Jan
147s Jan
No par
Hosiery
100
8%
>:
preferred
Petroleum
10
12%
36 J/4
8%
11
5%
115
14
217a
Range Since January 1
1
Corp
Phillips
Feb
Dec
May
87
8% Jan
100
Phoenix
68
108
2874 Mar
105
25
com
4,800
477a
517a
■
26
Feb
Lowest
com
series
.
Jan
Sep
Range for Previous
preferred
3.60%
373% Aug
1157a July
277a Jan
Feb
Z
207a
110
21
1017a Feb
16
Mar 14
80
5
Feb
Jan
Mar 11
105
100
16%
30 3%
Jan
55
16% Mar 14
100
Oct
Sep
5i J/4 Jan
25
507a Mar 11
100
674
29
22
19 3% Jan
•
'
177»
25
114 3% Mar 13
par
10
Inc
Co.
Jan
2
1174 Jan
-—100
__—
Apr
73%
12 3% Feb
5
Co— -No par
Pitts C C & St Louis RR
183/4
186
.
May
273%
No par
series
Phillips Jones
110
Oct
6
STOCK
Co
&
Apr
2
America.
Coal
Morris
Jan
907a
4
45
50
of
300
1077a
23
1
4%
60
;
;
17
♦180
_
*186... 195
*175
100
*105
12%
65
*15
Philip
1,200
277a
/
11,100
Apr
Sep
56
1474
47» Jan
......
pfd
111 '
Dec
537a Jan
Brewing Co
Read
Jan
Dec
4 3%
Feb
Jan
-
32 3% Jan
Corp.— -No
Corp
33/4%
60
•
&
12%
Oct
17
preferred
Philco
Nov
13
preferred
3.8%
1,600
13%
26
*96 7a
Oct
5
1057a
_33y3c
preference
4.4%
Apr
16074 Jun
181% July
11 Vb Feb
34% Apr
Oct
Dec
Jan
.
800
118%
*117
Jun
37a Jan
—
Co
Mar
•
11% Jan
-No par
-No par
YORK
Electric
48
Jan
6
1
Co
Phelps-Dodge Corp
Philadelphia Co 6%
$6 preferred
Phila
Dec
164
2
Feb
17
213% Jan
1
Light
&
Jan
25% July
86% Mar
18
-No par
(Chas)
19%
Dec
Nov
11
Par
Pfeiffer
Oct
Apr'
4374 Jan
EXCHANGE
1,100
Jun
Mines—1
Shares
143%
>,
37% Feb 21
Inc
preferred
NEW
35
.
12%
8
100
Co_
the Week
share
Dec
49
1
Feb
STOCKS
per
Feb
517a May
397a Feb
1807a May
62% Jan
Enterprises
Corp
120
59 7a Mar 13
10
RR
2nd
6
"
18
7274 Mar 11
No par
Pet Milk Co
Petroleum
2
Feb
40 7a Mar 12
Corp
Marquette Ry Co
prior preferred
preferred
5%
"T400
97a
18
28 74 Feb
92% Jan
108
*9
163% Jan
Jan
24 3/4 Jan
700
80
10
22# Jan
88
Peoria
500
1053/4
80
1597a Feo
Peoples G L & Coke (Chic)- 1—100
& Eastern Ry Co—
100
34,700
20
Jun
Sep
Pepsi-Cola
500
27
xll9% Jan
17% Jan
Oct
2.50
Pennsylvania Salt Mfg Co__
Peoples Drug Stores Inc
700
.36
Oct
1074 Nov
No par
Sand
Pennsylvania
800
50%
Nov
9974
4
' Dec
100
Co
&
187a
17
26
No par
preferred
Power
8
Feb
13% Feb
107
13
25
Airlines
Glass
5%
Penn
Jan
25
Co
C)
22% Jun
xll3
Corp
Penn Coal & Coke Corp
~z::i0
Penn-Dixle Cement Co..—
1,300
20%
20
i
r
22
34
(J
29% July
Sep
No par
Penick & Ford
6,500
112
21:
2
25% Feb
37# Nov
.
Jun
Feb
18.
5
Transportation
13%
217a Jan
Sep
19%
18
Inc
&
30 3%
108%
33% Feb
100
Proof
Mines
9
118
__12.50
Inc
&
Rust
'423/a
94
17%
Davis
Jan
:287a Feb
Teleg
Oil
j
18
Inc
Consolidated
J/8
9
,
*32%
H43/4
200
38..
111% Feb Wi
24% Jan
6
13
.Airways Corp—2%
& Transp
5
Tilford
12%
; :
2
lfi
203% jan ig
101#: Jan 13
10
Pictures
Park
Park
76%
42
34
Thursday
*185
103/4
*113
974
,
197a
24%
*185
8%
see
213A Feb
,
104# Nov
15
preferred
Paramount
58,200
38%
31%
423/4
13%
*105
*98
107a
120
34%
107 J/2
12
S%
*175
For footnotes
:
*185
195
97a
*15
"
10 7a
,15
200
17
*106 7a
*105
V
52%
*3374
1077a
8%
*68
•
15%
51%
*13 Va
99%
36%
90
103/4
65%
Dec
%
28% Jan
...
Car
Cos
800
*99
27%
17
19
*185
<
52
*98
25
*28i/2
*105 J/4
100
*87
19 "/a
195
,-100
10%
*113
64%
70
.11%
-
106
8%
<
120
64%
,
36
8%
103/4
34
33%
106
*26
9972
*185
37%
10%
*113
11%
*185
195
•
■
19
51%
*13
267a
33 74
29
*105
11%
13% M3%
25%
no
,
•.
*106 7a
*105
11%
*175
34%
107%
*106
37
17
*34 %
96 3%
Jan
217a Jan
Consol'd Corp—
conv
4,300
38%
*75
85
10674
*96 7a1 '97%
166%
*100
29
273/4
*
333/4
90
52%
13%
33 Va
25
27%
973/,
*26
51%
24%
>26%
97%
>
91
*14
17
16% Feb
114 7a Jan
No.par
&
Motor
33/4
21
*105 7a
118%
97%
*163/4
57%
106;,
287a
,29
15
58
10572
118%
*90
15
*57%
105%
27
*106
51%, 52
507a
40%
39%-
118%
*27
■:/
14%
49
107
243/4
•
Mar. 13
106%
333/4
Jan
102% Feb
111
100
Electric
American
4%
25
$ per share
257a
287"
13%
-
*14%
57%
*106
25
26%
34%
101
39
57%
*97
107%
100%
v
40 3/4
106
36
Dec
_1Q
No par
non-cum—No par
Western
Paraffine
49
3%
.
Panhandle
72
24%
95
>107 7a
9%.
S per share
.14%
51'/2
28%
*94
Mar. 12
14%
24%
96%
33%
Mar. 11
50%
*117%
May
Oct
35% Jan
Panhandle East Pipe Line—No
par
-i
4%
preferred
100
Prod & Ref
1
-
V
112
*47 7a
45%;
503/4
*77
108
*9
Sper share
14%
106
13%
96%
'1077a
9%
39 %
*;
106 %
13%
26%
293/4
52
*70
*108%
23%
*5072
*105%
82
*28%
57%
29%
118%
110
*75
51
24%
117
16%
10974 Mar 14
Pan-Amer Petrol
10
10,400
22%
►
4,300
77a
207a
26%
Wednesday
Mar 10
*28%
20
*20
LOW AND HIGH SALE
PRICES
Tuesday
S per share
i
*105 %
108
*9
Monday
40%
57%
107
27
21
297a
►107 72
9
18%
25%
*20
81
<?28%
108
94%
.18
253/4
21
:
114%
47
5074
94
27%
47%
10874
7%
45%
47
.
■
116J/2
Pacific
100
*107%
33/4
12%
50'/a
21
Pan
77
97a
94
27%
31,000
15
46
49
42%
937a
27%
12%
*13
112
*75%
507a
21
Packard
12%
953/4
17
600
29,900
Xl2J/a
51
107
51%
Jan
7
9 74
par
__10O
preferred
6%
12%
X34
*20%
•.
11
22% Feb
17
■
non-cum
&
Pacific Tin
4,800
25%
13 7«
12%
6%
60
5%
12%
46%
xl4%
115% Jan
13
99
20
Co
preferred
6%
31%
97a
2nd
12%
31%
123/4
35
Fisheries
Coast
preferred
25%
39
43
1st
162
5%
13%
974
*34
*161
40
60
110
26
427a
13
97a
Pacific
Telep
12%
*45'%'
14%.
393% Apr
25
16 74 Mar 14
;
Mills
31%
46%
£ per share
Oct v
Feb
2.50
pfd
Co
Pacific
12 7a
43
Pacific Amer
100
Glass
Pacific
31%
12 7a
Owens-Illinois
910
337a
387a
201/2
14%
M
237a
4J3 Mar I4
4274 Feb 24
107a Mar 10
-
2,100
33/4
23%
./
33% Jan
Jan
2887a Apr
129
Aug
,
.
No par
600
:
7%
*47i/2
33/4
39
11%
177a
60
:
1087a
74
2a
48
33/4
39
"~4~200
108%
*108 7a
21%
'H}:
Dec
17
10
Co
343/8
7%
26%
preferred
Gas
48%
*70
112
20%
Mar. 8
Nov
119
peb
53
Oct
223
Mar
Feb
283%
175/a Jan
50 i
Lighting Corp
15
*107 7a
7%
72%
*10872
26'/a
!■ 48
12%
108
7%
72%
6%
Outlet
63/4
"
7%
*70
13
Saturday
3174
252% Mar
125
—No par
Outboard Marine & Mfg
200
<
13%
47
77
9.
Jan
Nov
10-^4 Feb
103% Jan
Pacific
26
*13%
47%'"
13
*107%
43
1172
Feb
May
16
110
(The)
Pacific
5%
6%
12%
15
,46%
*75
9
102
18
972 Jan
50
«
275
1
22
28% Mar 11
1
20
133/4 Feb
7
223% Jan
118 72 Feb
10O
..—Nopar
Elec 4%
&
1,700
162
*25
6%
13%
*1133/4
108
11374 Mar
39% Mar
Mar
3
5
Feb
107
15
11% Jan
2072 Mar 12
Gas
4,600
5%
26
6%
12%
20%
9
325
290
Feb 13
10372 Jan
IOO
593/4
1093/4.
162
53/4
*25
6%
13
*13
164
53/4
257»
672
112
*160
5 72
X108%
22
*107%
Jun
Dec
275
^
1
——
40%
109
12%
81
76
Co
407a
108
76%
*28%
413% May
preferred
*58%
llOTa
12%
*105%
3774
Oct
Inc——
33
34
116%
28%
Dec
Oct
(Minn)
Rubber-
33
59%
21%
36
1674
5374
100
60 ?
41
20
28%
11%
*15%
34
*115
*81
117a
34
*1C5%
'
&
Jan
6174 May
<135
Jun
Sep
'Sep
2172
100
8% conv preferred A
Oppenheim Collins
Otis
Elevator com
>
73%
,.
17%
34
22V2
27%
79
20% Feb
10
63
35%
7674
*16%
73
62
20%
17
74
73%
117a
12%
;
26
Feb
25 7a Feb
2174. Jan
10
23
90
*153/4
40 J/8
162
161%
*22...
*88
59 7a
12%
75
>159
92
11%
77%
50%
160'A
40%
31
*45
5,600
40 3/4
31%
*94
Jan
99
62% Jan
Oliver Corp
No par
4%% convertible preferred—100
> 100
29%
23
64
116%
96
37
7
Apr
8
Telegraph
Omnibus Corp
40
257a
2974
23
17%
22
51
115%-
*23%
*88
73%
20%
*16%
,
160%
23%
22%
46%
>114%
26
30
29%
92
20%
96
115%
*23
lo2 Va
20%
>51
353%
Oklahoma
2,000
►105
"
213/4
45
11#
11%
3%
*115
Oct
Ohio Oil Co——,-No por
50
11%
*15%
38%
*34
116%
10574
113/4
4.40%
,
5,000
105 J/4
607a
3%
22
13%
13
pfd
Power Co
Airlines
Tire
Edison
Ohio
140
ll5/a
30%
*33 J/2
600
r
*1043/a
26-;"
:
36
109#
*114 5/8
,
34
3872
9%
22%
3
86% Mar
pfd__100 *
Norwich Pharmacal. Co
500
22%
60
33/4
12 3,4
9% v 934
22%:
1,100
22 Vb
34
5%
v
13
.
22% Feb
.
50
pfd $3.60 series
Norwalk
10,100
607a
25
48
'43%
163/a
/
123/4
42%
697a Jan
13
/1097a Jun
13
Co
States
Northwest
700
.
22
77%
78%
'
21%
73
34
39%
12 V8
343%
Oct
4T7ff Mar 14
—Northwestern
,
22%
*627a
39%
31%
.
31%
12%
12%
12-
&
73
33/4
30%
13
*/2
40%
107
13
*
11
21%
•■>
34 J/2
162
15
*71
American
Cum
5,500
437a
1674
60
6%
,
197a
*42
*103%
17
34 7s
53%
7%
74%
48
,
1'/'
v
40%
-
46%
47%
*107% 108%
112
26
*23
64
34
25
C%
Nov
367a
Feb
Jan
Northern Pacific Ry
'250
10974
115
29%
»J*>w •
,11%
64:
166
12%
108%
7%
*108%
■■
'16,-// 17
\
41%
*13
197*
•
117a
'
*35%
223/4
xll4%
30%
-
1174
60%
5%
6%
13%
13%
47
■■•
7274
35%
25
12%
*107%
\
'
v
105% 108
25
20
"43%
*163/a
105
105%
XU3/a. •11%
'
2572
29%
n
35%
'
:■
*23
34%
5%
25
*42
1017a
357a
11%
12
*161
18 72
10
Rights
20,100
1097a
1174
116% 1167a
60%
168
"
20%
*22%
40%
1017a
19
35%
*88
:
r3V'
4
46% Feb
102
16% Jan
North American Aviation
Northern Central Ry Co—
a.400
109
1872
•
24
60%
IOq
*103
North
24.700
*109 7a
227a
92
41%
21% Feb
16
22
Harlem RR Co
Norfolk & Western Ry
Adjust 4% non-cum
106,300
357a
22%
10574
22 V8
24
*34%
'•*/
41f
107a
193/4
22
■c
18
V 66
30%
4ft
10
109%
,
21%
'*88
*17
34%
:■ 105
2'/b
25
*11%
i-36
41
•
21%
74
*64
29%
109
1372
1674
35%
*109
92
69 5
v
860
__
*107a
;105 %
162%
73%
13
597a Mar
Y Shlpbldg Corp part stk
Noblltt-Sparks Industries
125
'
10172 1017a
11
16%
*23
18
66
;
'
75%
*11% \'l 12
36
*42
♦103%
*88
.
■
92
;
2407» 240'%
*123
95# Oct'
13
18% Jan
No par
N
Northern
36%
31
'
1,200
107a
197a
101%
20%
43%
20%
f 25
30%
162%
407a
31
*103
20%
*116% 117
•
40
244
.10
19%
N Y &
2,100
3
Oct
No par
No par
preferred
non-cum
N Y Power & Light 3.90%
440
13
125
„
3072
109
187/a
11074
<
105%
11%
11%
117:
26%'
*123
10
♦103
43%
*20 7a
23
105%
11%
•
105%
12%
40 V2
24372
125-
•20
3674
■■<
21%
>23
*105% 106
•//•
'
290
*105%
13%
'*4078
30%
20%
11074
22
<*20%
23
•
*250
105
*13
$5
Jun
113
;
O
36
21%
290
1043%
293/4
10%
10%'
17;:: 17
*110% 110%
22 /
V;
*250
245
*122%
101
*42
J7%
36-:
36%
*110% 110%
f
60
40 '
\"-243
101%
-
19%.
10%
16%
"v
<
101
43%
10%
16%
24'/a
*55
105
193%
16%
*22
60
1274; 13
10%
163%
25'/a
*55
105
109
18%
20
*42
•
16%
*22
597%
__
100%
19%,
i
16%
25%
290
Apr
45
Dec
993/4 Jan
100
800
6% preferred series A
N Y City Omnibus Corp
New York Dock
:
50
Sep
106
4074 Jan
100
88
K
Oct
27
Mar 14
30
86%
*22
30%
7
30
30
88
*55
2
32% Feb
Jan
31
*250
40 3/4 Jan
14
16
88
Central
$ per share
7
No par
173/g
29%
'103
19%
cl00%
>
43%
;
19%
<
York
88%
125
10
110
New
*16%
243%
283/4
10 %
*105
101%
19%
*42
10
,110
>
,
40,600
Highest
i per share
108% Jan
No par
*88
'
10%
*105
17%
York Air Brake
31
12%
242 %
125
28%
1714
New
31
40%
244
•
18%
800
31
105%
12%
*122%
29%
4,800
$ per share
6
26% Jan
4V*% preferred
100
Newport News Ship & Dry Dock—1
30
19 J/4
41
18
605/a
40
-.242%
125
29
'
40%
993/4
19
41
1
187a
290
105
13%
993/4
19
'41%
Jan
Lowest
36% Mar 12
10
173/4
25
i.
*250
105%
-
40
100%
187a
41 J/4
.
3,800
16%
•
*56
290
100
42
Newmont Mining Corp
Newport Industries
1,500
''
108
Year 1946
Highest
t per share
:
,
Jersey Pr & Lt Co 4% pfd_100
88
■
*22
60%
>250
106%
133/4
.
*38
16%
.25
,
*56
290
41'/a
Lowest
Per
New
28%
Range Since January 1
•
EXCHANGE
Shares
106
36%
Range for Previous
NEW YORK STOCK
'
31
88 i •'
V/.
17%
*104
283%
18%
31
88
;
*22
597/a
*250
32
107
per share
37%
41%
18%
*104
$
Sales for
the Week
28%
29 %
*100
102%
187a
19
28%
*100
Friday
Mar. 14
I per share
,
107 C:
36%
V
-
Mar. 13
I per share
'
373/4
Thursday
Mar. 19
$ per share
107
STOCKS
Wednesday
Mar. 11
Sper share
*104
*100
Tuesday
-
141
96%
»Jan an
Feb
-Feb
Jun
;
92
'
May
34% Jan
200
Nov
.
flMu.
Volume 165
Lv:./.\.v: <
•*
,
-j;/;. ;w .V-
-'
v
-
- •
1465
THE? COMMERCIAL & FINANCIAL CHRONICLE
Number 4577
y
-
NEW YORK STOCK RECORD
Tuesday
Monday
Saturday'
Thursday
'■
MarlO
Mar.lt
i per share
I per share
6 per share
I per
share
19%
•19%
20
22%
12%
#'
v.
20%
*12%
13
13
13
*12%
21%
22
r
21%
21%
22 %
22 %
23
22%
22%
22 'A
22 %
22%
22%
16%
16
16 Va
16
16%
16%
16%
16
16
13%
13%
13%
13%
13%
13
13%
43
41
39
39
.500
62%
61
61%
2,800
Procter St Gamble
25
26
6,100
,
62%
63'A
61%
27
27%
99
99
35%
♦99
•34%
35%
23%
24
'109
35%
77
62
109%
26%
26Va
98%
117%
xll7%
109
117
117%
117%
124
124;
124
124
123
123
123%
124%
136
136
137%
136
136%
134%
135
113
113
*112%
113
117
57
114
56%
57
57 %
»
22%
i: 22%
33%
33%
33%
21
*33 %
21
21
,
21
23%
107%
21
*20%
;•
24 W
*20
*
;
,
'
' 360
440
i.
90
8,400
14,100
c" ' 300
,
'
;
.
33%
\
21
33%
5,200
20
33%
*20
21
'
113
.
56%
22%
23%
*107% 170%
107 V4
33%
>
54%
56%
,
33%
33
33
33
#
113
113
23%
-107%
V
•107%'
"
! 134%
670
530
.
123 "
135
,121
55%
55%
23
22% V 23
*107% 107%
107%
123%
113
,
"116% 117%
20
>••• 31%
12% Nov
15
19
Oct
>20%
Sep
14%
Oct
24
Feb
-
10
18% Feb
16
3
13 V
Feb
•
Mar 11
43
Feb
17
38
25
Oct
>,>
27%
Feb
v
30
Dec
61
Mar 14
65% Jan
11
53
Oct
25
Mar 14
32% Jan
97 ; Jan 11
33% Jan 28
21% Jan 16
102% Feb
13
38 Va Jan
2
''
107
Jan
112% Jan
,
20
1
32
>
>
Sep
v
17%
21
67
Nov
Dec
98%
*31
.
May
105% May
41
July
•
30%
Jun
115%
Jan
Oct
103
Sep
106
Sep
127
Feb
10
114% Atfg "
139% May
139% Feb
4
119%
Jun
150
Jan
114% Feb
2
25
13
13
10
1
31
8
112
Nov v
117 Va
Feb
69%
Jan
Mar
,
61% Feb
6
109% Jan
•
16
47%
3
24% Mar
19%
107
17
36% Feb
Oct
.
30
4
v
126
,
•'
Sep
Feb
•
•
?;
Jan
28% May
115% Jun
38%
Sep
Feb
25% Aug
19% Feb
23% Jan 27
Mar 14
-
25% Feb
110
Feb
Apr
119% Jan
2
2
118% Jan
127
Jan
y 112% Mar
'
51% Jan
21% Jan
107% Mar
31% Jan
.10
Quaker State Oil Ref Corp..
#
Feb
63 V2
71%
'
2
-
July
29% Aug
#11% Nov
x38
•
Jun
22
#■
No par
—-
Publicker Industries Inc
5
$4.75 cum preferred.;—.^-No par
Public Service Co of Colorado—20
Pub Serv Corp of N J com__No por
$5 preferred—
No par
6% preferred
100
7% preferred
100
8* preferred—100
Pub Ser El St Gas pfd $5
No par
Pullman Inc
No par
Pure Oil (The) ^
-No par
•
5% conv preferred
_
100
Purity Bakeries' Getp——±.Jlepar
2,300
5
28
23% Feb
12% Jan 13
,J per snare
Oct
13
24% Feb
1
50
-
,
23%
109%
23 Va
*
Highest
t per share
14% Jan
18% Jan 13
12 V» Feb 26
21 Va Jan 13
21% Jan 13
15% Jan 14
No par
.
430
; 6,200
10,700
>,
35 Va
.
135%'
'123%
.
12,400
,
99
109
118
*134%
54 Va
7
22%
107%
23
V
54% ,56
v
107%
*107%
f
136
*112%
114
*112%
35
•
109%
117
; 109%
117%
117 %
*98 V4
'
23 Va
423 %
23%
23 Va
109
109%
35 V4
22%
*22%
99
35%
36%
i4
22
22
26%
99%
35 Vs
23%
23
23%
*38
2,200
100
1,000
600
2,200
20
20
*12%
14
99
:
35
20%
26%
,
99
109 Va
109
■
26%
77997/
.
35%
23%
;
109
62 y4
62%
26%
62
26%
v
26%
41
63
*38
39%
x38
43
99%
62%
13'A
13%
*40%
>
19
■
Lowest
sharei
S per
$ per share
1
5
5
1
Pittston Co (The)
Plough Inc
Plymouth Oil Co_
Pond Creek Pocahontas
Poor ft Co class B
Pressed Steel Car Co Inc
4%% preferred ser A
13%
13%
*40
20
13
I Year 1946
■
Highest
Lowest
Par
23
16%
V#
•
22
20 Va
/*12
16%
#7
Shares
■
16
13
22%
$ per share
t per share
-
January 1
'«•Range Since
NEW YORK STOCK
EXCHANGE
the Week
21%
20
20%
4 22%
*22.
Sales for
Mar. 14
Mar. 12
Mar. 8
•12
Friday
Mar. 13
Wednesday
~
Range for Previous
STOCKS
PRICES
LOW AND HIGH SALE
R
i
"*
'
9
•
'
9Vs
78%
14%
14%
' 105 %
37 %
*35%
14%
*104
!
i
22 Vs
20%
20%
;
*i5Vs
♦106
105
103
103
*25%
26
26
16
16
16
*41%
42%
35%
15 v#
*14%
36
35%
15
15
'
34
26 %-
25%
26
*15%
15 %
15
15 V4
29%
:
*78
*78
81
73/4
73/8
73A
73/8
7%
7%
7%
73/4
7%
73/4
7%
73A
73/4
•
14 %
14
14
13%
28
28%
27%
28 3A
30%
30%
2,300
73/a
7%
8,100
8
Republic Aviation
Republic Pictures
103
*103
21%
110
13%
28%
111 Va
100
20%
21 Va
6,800
,
*106
110
133/4
133/4
40
30
'
u#
'
120
133/4
800
'•
48%
103%
103%
103%
103
103
1023/4
1023A
900
3,900
3,300
21%
21%
22%
23
21%
22'A
21%
22%
22
22
21%
21%
15%
15%
15 3/8
15 Va
15 Va
153/s
15
15%
15Vs
15%
15
15%
29
27%
28
28
27%
28%
*28
24'A
6,400
Company
53%
51
51
700
233/4
*23
23%
900
Ruppert, Jacob
Mar. 11
tper share
Wednesday
Thursday
Friday
Mar. 13
Mar. 14
the Week
9 per share
t per
share
49%
6'Va
8
50%
49%
.8%
7%
50
50 Va
8 Va
49%
8%
8Va
28
27
27 %
26%
27
26%
27%
27 V4
27%
26%
27%
St
23 Va
23%
22%
23%
23
23 %
23
23%
22%
23 Va
8,300
*113 Va
U4 %
113%
113%
113%
*113%
113%
113%
114'A
*113%
114
10
10
10
10
10
10
10 Va
10
10
41%
41%
39%
41%
40%
41%
40%
40
40%
24,500
44
*43%
44%
44
44
43%
41%
43%
41%
42 Va
1,200
100
*99%
*42
43 Va
*99%
16%
20 Va
49
#
49%
23
23
*7%
*8%
8 Va
36%
13%
14
13%
13%
16%
15%
95%
*94%
16%
95%
"
95%
20
20 Va
19 %
19%
8,600
*48%
49 Va
49
49
47
48
1,200
23%
24
23%
23%
24%
24%
24
24
800
8
200
8%
97
8%
*8
8%
35%
*34%
.13%
\
13%
14 Va
8
8%
*8
35 Va
35%
34%
13 %
12%
13
14
13%
13%
13%
14
14
14
*106%
107%
107#
107
107
107
•21%
23
13%
14
22%
21
21%
20%
21%
32%.
33%
33
33%
32%
33%
25%
24
24%
*80
85
*80-
87
7
*19
24%
24%
25 Va
•
*80
•
18%
18 Va
18%
18%
27%
27»/a
27 Va
>
24
>
:
7
85
Sears
#
8# 7 8
■
'48 V4
.15%
24%
*17
;« *99
'
(s
*80
•
32
27%
.7%
*5%
7%
Servel
Inc
5,700
Shamrock
4,000
Sharon Steel
3,600
'
'
18%
Shattuck
14%
5%
5%
;
*52%
;:
22%
49
Oil
it
Gas.
!
*89%
...#
50%-
,
;
,
50%.
66
17%
17%
*17%
>18 ;'V
22%
*22Va
22%
;
50
1,100
99 Va
160
31
31
X31%
? 31%
*30
30%
500
14:
14% iv -;## 13%
32
'
7
v
32
14
>
-
14 Va
<;4%
4% v
73/4
«
4%' •1
7.%
7
.
•
7%
:
53%
*53
*193/4
-v..
165%
;33
,
'
*164
,42ya#42%
26%
71 Va;
.
173A
*69 '•
-
■
.
,17%# 17%
18
y
.#
6%.
*12
6%
13"
6%
12
•
■
C Va
12
>
.
49%
97 " *
50
For footnotes see page 1471
*895/s
49%
97
50
™>*89%
51
*49 %
*162
166
Jan 20
26
2
Jan
28
24 Va
Sep
12%
Nov
36%
4
44% Feb
Feb
3
43
6
100
3
19
Feb
I per
Jan
6
21
40% Sep
21% Oct
Jan
112
iqq
#
Dec
May
12% Dec
30%
Dec
33
22
Nov
24 % Mar
i#
41
Nov
Nov
100
42
Oct
61
25
100% Jan
18% Jan
423/8
.*68%
#*76*
18%
#7
41%
'77
71
'
82
,19
:#r #7
6%
97
53
54
69
82
;.•••##6 7:
6V8
123/4
*89%
■
69
*18
11%
•
"'*89%
52%
.
Corp
Southern
5%
500
>
95%
Gold
#7 :
&
500
54%
„...
5,100
—
~
California
37%
Jan
77%
Feb
39%
10% Feb
6
Jan
2
35 %
Nov
16% Feb
8
10%
Nov
Mar
8
13
34% Mar 11
7% Jan
•
*11% Jan
5
1
2
13% Jan 16
27
39
16% Feb
11
12%
16% Feb
3
Jan
7
20% Mar 11
Jan 16
25
Jan
2
29
1
.
.
.
36
Feb
18
24
Mar U
79% Jan 16
33% Jan
6
18% Mat
105
Apr
23% May
Oct
22% July
24% Jan
Dec
113% May
.
32%
17% Oct
Apr
Feb
23 %
Oct
40%
23
Jan
39% May
Feb
19
77
Jan
21% Feb
18
17%
Sep
Feb
91% May
10
82
11#
49%
13% Nov
110
Mar
Apr
17% Feb
6% NOV
12
13% Mar 14
107
18
Feb
22
5
26% Mar 14
30% Jan
(
#26% Apr
9% Feb
17
5% Jan
16
6% Feb
8
Jan
16
41
Jan
7
30
51
34
Jan
46
Iron
Edison
16% Jan
72% Jan
16
Jan.
Jan
48
•
2
207/s Feb
6
23% Jan
Jan
85%
Jun
Sep
27%
Feb
21
Sep
24 %
Apr
42
Jan 23
20%
Jan
14
7
Feb
Oct
91
Jan
4
101% Jan
7
99
35% Jan
6
29%
Sep
4%
.
!
Jan
3
15% Jan
8
54
24
56
18%
13% Oct
4% Sep
July
May
Jun
8% May
9
Dec
9
Nov
Feb 21
52%
Dec
53
Nov
20%
Dec
22%
48% Sep
167
Dec
59%
22% Jah
50% Mar 11
,
48 #
7%
8% Jan
7% Mar 11
51% Jan
7
5% Feb
i
>19% Mat 14
7
Jan 18
#160
Feb
15
170% Jan
32
Jan
30
9
34% Jan
25
55% May
108.-
Dec
Mar 12
13% Mar 14
7.50
1
35% Nov
Feb
31
__1
Feb
56% Jun
61 # May
54
13
29
58
Jun
Nov
99
•
14%
r
38% Jan
15
Oct
33
8
7
39
14
34dA Mar 11
Oct
17% July
Dec
30
193
Dec
Feb
May
39% July
Sep
Jan
33% May
tr
ctfs
22%
47% Feb
38 Va
Oct
70
Jun
16
33
Sep
Jun
40% Jan
50 Va Jan
65
No par
preferred
24% Jan
8
39% Jan 16
28 Vs Feb
No par
Co
Co
stk
15% Mar 12
22% Jan
8
5%
Feb 21
65% Mar 12
*
_20
_5
*
43%
27% Feb
6
7% Mar 14
1
5
Railway
non-cum
$5.50
Jun
Oct
Platinum
&
64 %
90%
Jun
96
Feb
Apr
7.50
100
100
•
-
& Bros Inc
preferred
Spencer Kellogg & 80ns
1
68% Jan
16
77
Jan
22
77% Jan 21
73
207/s Feb
16%
Nov
30%
13%
77
Feb
17% Mar 11
5V» Jan
13
# 7% Feb
4
8
No par
1
11% Mar 14
14% Jan
7
No par
>93% Jan 13
93% Jan
13
14
55% Jan
>
No par
:
Oct
Oct
1
Sparks Withington
Spear A Co
2,600
lls/s
97
102% Nov
Sep
No par
Pacific
Spalding (A G)
110%
Dec
20
'
1,900
July
Dec
100
99% Mar
Aug
•
Sep
No par-
Southern Natural Gas
Southern
9%
11% Feb
17%
JNo par
—IS
——
Steel
'Mobile & Ohio
18% #
6
Southern
■
8,400
42%
*76
-43%
1,400
Jan
18
53
49 Vs Jan
Mar
23
preferred—__—50
26,106
Dec
34% May
116
42
South Carolina E & G Co
1,600
26%
Sep
7
South Porto Rico Sugar—No par
8% preferred
100
33
110%
114% Mar
'9
14
Sep
Feb
2,300
40%
2
55% Jan
23
50
26 y4
#
64
11%
32 % Jan
16
95% Mar 13
8ocony Vacuum Oil Co Ino—.15
20
Highest
I per shareJ
12 % Jan
55 Va Jan
15
16
98% Jan
Southeastern Greyhound Lines
166 '•#,■#
45
96% Jan
3
15% Mar 14
—.—No par
3,600
y.
9 per share
$ per share
41% Mar 14
9% Jan
(A O) Corp
10
(A) & Sons Carpet Co
20
cum preferred
.100
Smith $1 Corona TypewriterJNo par
5%
Jun
May
Jan
Year 1946
39% Mar 11
3%%
100
34%
Lowest
Highest
there
24% Jan
_-.-i_-i.-_—^15
South
#
65
•
;
3
preferred
Am
Apr
Feb
13%
30%
17
26% Feb
21% Jan 16
Smith
•
44
Oct
3
15
of
3,300
■v
;5
20% May
Oct
6%
Feb
Jun
38
Oct.
25
5
60
108%
12% Oct
3
Mar
Jun
50% July
Dec
,
Feb
46%
Nov
10
Jan
28%
Feb
Feb
51
Mar 14
136
Sep
50
24% Feb
23% Mar 11
45% Jan
Sep
105%
"
1,900
32%
*11%
6
52
\l
7
104
20 Vs Mar 12
193/4
43%
97 —v
"
*89s/a
19%
12%
6
54Va
*53
.
27%
18%
*11%
'
7%
•7%
20
32,000
>
32%
40%-
j.
83
-
% 4%
7Va
"'-4%
323/4
-
69%
*76
'
'
43%
'
54%
7
14
•#133/4
•26%
41%
69%
'#
*162
27%
40%
42
'
71
#83
*78
83
18 #
42%
41
19%
32%
#'■ #
>'•
X50% #50%
166
32%
•
-7%
♦53
--
505/s
*26%
41
14
*48%
■->
4ya #•'; 45/3
..
-
20%,
*164
32%
26%
40
• -v
73/4
-v
53%
50%
166
323/4-
,
,407/a
.7%
53%
#• -19%
50%
50%
4%#;
#
20
52
4%
•
f "'
•
53 Va
20%
'
■J
101
Smith
100
35
99
••
Oil
$1.20
250
35
*69
Corp
Sloss-Sheffield
500
•
22 Va
99%
27
16
Jan
163A Feb
Apr
Pen Co
Oil
Skelly Oil Co
800
17
17
*22%
Sinclair
14,100
15%
66
51
165 3/i
6V4
12%..,
97
15%
66%
35%
40%
6 Va
15%
66%
22%
:
15%
65%
•99
26%
18%
12% Jan
39
124
.Mar 14.
Feb
13
Slmonds Saw & Steel
48
15%
*34%
33
#';'■# 12%.
*46
48
♦46%
48:. \
Union
Simmons Co
*48%
*78
30
3 -.>■ #
109
3
109% Mar 11
No par
4,900
50
7%
Jan
Feb
55 # Feb
«...
3,600
99%
'7 14%
8>
Sep
104
1
5%
36
14
70
97
31% May
llOVa Jan
98% Mar
^
38 %
*48%
.50%.
423A # ;
Sep
........Jifo.par
5%
*
'
*34%
41
18
$ •
36%
5%
38
*
,
*99
27
18%
-
1
33
*78
•
r
20%
■
10
Feb
24% Feb
America
Silver King Coalition Mines
99%
27
.70
Sheraton
35
,33
'
4,000
49
166
#7- 42%
7Va
.
7
'
51Va-> 5lVa
40%
7%
7%
99%
166
.
Shell
34%
i
243/4 Feb
__1
1,400
5,000
99%
•53
118
Corp
(W A)
18
26%
35 ■/;■"
32%
■
Oct
16
New
18
26%
65 %
;
;
107 Va
'
16%
20
*.
38
-
38
•
15%
'■
67
167/a
*32
53%
*19%
.■
*47%
"
15%
15%,
*65%
22%
'. .4%
/
24
13
(Frank G)
19%
-27
99%
33
1123/4 Feb
20% Mar 14
......^J\fo par*
Sharpe & Dohine
No par
$3.50 conv pref ser. A.i_JYo por
800
35
v
3
Feb
,
43% Jan
common
preferred
$4.50
27%
*7%
37
17%
.
110% Jan
17%
40 Va
7
•16% Jan
Seiberllng Rubber Co
140
87
18%
19%
18%
18%
•
22%
35
I#
48
*45
*48% •50%
50
#.4% v'4%
1; #,# 7%,-#7%":
37%
36%
"
17
100 ;
*32
5%
'
*22%
i
22%
7
5%
66
65%
17%
;
'
*22%
rnh*49%
1
•35
,
Oct
■V 21%
>
4
100
,ny
1,500
26
X24%
85
*80*
,18%
•
27 Va
--
8. V 5% •'"
7Va
.
.
48%
*46
15% ,15%
66%
,j
8 Va
37%
36%
•
,
.15%
66%
.
:
38 Va
♦46%
I J'
7
,:7 5% ;
7 -5% : 7 5%
37%
~
8/
24%
Roebuck & Co—.__«.No par
32%
33%
*18 Va
*
'
21
Dec
13% Oct
3
No par
■
28 %
30% Feb
of Del_M. JVo par
5,000
22 Va
X22%
23%
24%
•■;
19
19
18%
27
24
•;
19%
18 Va
28
16
100
Corp
Seagrave
Sheaffer
•-#187*
25 Va Jan
_5
Seeger Refrigerator Co
3,700
24% Apr
7% Nov
7
No par
pfd.100
series A
Oil Co
Seaboard
33,900
107
32%'
■
cum
pfd-—
13%
13%
107
22%
-
32%
*80
'
1
84%
•
19%
191/4
'
19%
X32%
'
•
cum
Apr
9% Jan
8% Feb
15% Feb
7% Jan
(The)
preferred
5%
.
Jun
U 34% July
13
48 Va Jan
.
Seaboard Air Line vtc
"
21 Va;
Oct
10
,
Co
50%
Oct
20
13
5
14
137/a
14
;
14
•
35%
13
35%
13%
13 Va
107%
14
3.35%
20
20 Va
49%
13 Va
100
7
6% Jan
100
pfd
cum
Scranton Elec
4,100
16
19%
34%
2
No par
—....
vtc
Scovill Mfg Co. 3.65%
170
99%
*95%
„
8
31% Feb
May
105 Va
32% Mar
40% Feb
■102
Jan
13
Apr
27% May
101
Deo
Range Since January 1
series A 5%
$3.40
140
100
*99 %
16%
100
20
S'%
*106%
107%
99%
16 Va
16%
13%
13%
13%" 14
*99%
97
•
36
35%
7 13 Va
13%
*99%
19 Va
50
23
107%
16%
20'A
35%
99%
99%
49
19%
49
23
99%
*95%
97
*95%
96%
19%
16%
16%
16%
*95 Va
99%
99%
99%
100
99%
99%
99%
99%
9%
74
45%
r
12% Jan
Savage Arms Corp
s
Schenley Distillers Corp
1.75
Scott Paper Co-..._.__...No par
3,100
10
42%
100
16
Lowest
Safeway Stores
5% preferred
70
114%
10
41%
-
Jan
par
Joseph Lead
Pfd
8,000
23%
*99 Va
18
Feb
Range for Previous
St L-San F Ry Co com
20,500
8 Va
23 Va
*99 Va
8
84% Feb
STOCK
...
7,500
50
27
42 Va
17% Feb
2
EXCHANGE
Shares
I per share
I per share
I per share
50#
8%
8%
8%
8 Va
50
50
51
50
|:
..
26% Dec
14% Nov
;
Mar 14
$
—
NEW YORK
Sales for
Mar. 12,
•
Jan
13
STOCKS
LOW AND HIGH SALE PRICES
Tuesday
125%
31
23%
Mar 10
Sep
10
53
Monday
76%
3
23%
Mar. 8
Oct
117% Mar 13
2
14
53
Saturday
16%
Jan
Antelope Copper Mines
Typewriter
1
Ruberoid Co (The)
No par
233/4
Dec
Jan
22
Apr
112%
Sep,
7% Jan
9%
213/4
31
12%
29% Feb
Royal
9%
Apr
99
25% Feb
21%
*52
4
May #7
'
11
16% Feb
9%
•
Nov
16
21%
53
15
13
97/a
23%
1
13 9^ Jan
213/a
52%
7 46 Va Jan /■•
21VsJan
9%
233/a
Oct
8
1
207/s
•
Jun
36%
Jan
73/a Mar 11
9%
-
53%
33
21%
r
-
Jan 16
Roan
3,900
Sep
Jan
100% MarlO
24%
24%
24%
Ritter
900
9%
40
-No par
No par
Mfg Co
Corp
Richfield Oil
29%
*28%
29%
Feb
18
76
54
•
*53
54%
29%
33%
25
21
93/8
39
16% Feb
393/8 Mar.;14
Rheem
j33
Sep
87
1
class B
Feb
Sep
2
108% Mar
__
•
Feb
.49%
Nov
8
x47VaJan 22
Tob
%
112%
Dec
,
16%
Jan
12% Jan 13
10
(R J)
32
17'A
105
213A
21'A
22
21%
*53%
28
„
93/8
93/8
9 3/a
9 V4
■''
1,000
r
,
Apr
C
32%
38
Common:.#-:■■
in
Preferred 3.60% series
100
Reynolds
5,400
40
393/8
*48
48 %
6,400
30 3/8
1103/4
*13%
40'A VI.
*48
30
107
*1083/4
133% A
3D7/a
48%
-
•
28 Va
44% Jan
3
24 Va Jan
Jan
Oct
100% Dec
10
18% Feb
15
19
96% Mar
15%
10
24
■
nNov
76% Deo
Feb
Jan
*
Corp
■■•: 9
.
38% Feb 14,
21%
15
—50c
$1 conv preferred .———10
Republic Steel Corp
No par
6% conv prior pfd ser A
100
Revere Coper & Brass
No par
5 % % preferred ——.100
—No par
Reynolds Metals Co
5 % % conv pref erred——.—100
Reynolds Spring
1
43,700
*110%
111 Va
,
;■ 107
y. 303/4
31 y8
1103/4
*48
49
14%
27%
#•106
.
39%
13%
103
21
31
30%
1103/4
40 3/a
*48
*110%
107
*13%
7,700
y; i 500
29
28
21%
#
—:
Mar
Feb
25% Jan
:
34% Mar 12
warrants—25
with
Preferred
41
Jan 13
41
100
———_1
Reo Motors,
14 Va
*137/s
111%
20%
-
110
13%
,
49
14%
*106
-
393/4
133/4
40 Va
39%
*48
103%
*103
30%
109%
113%
13%
14%
49
107
*106
31
30%
*110
40 Vs
39%
*48
21%
#
;
106
106
31%
113
*13%
21%
21
106
106
283A
29
28%
28%
*110
111%
20%
'
*
213/J,
♦108%
*13%
# 27%
.
*110%
111%
*110%
110 Va
'
20%
29
x29
14
28%
110%
500
8
7%
f
6,400
7%
7%
75/s
7%
7%
.333/4
100 Va
28%'
29 3A
21
;-
105% Mar 12
3
35% Jan
3
19% Jan 13
Co—No par
series
pfd 3%%
Remington-Rand
33%
29
*100
Conv
100%
343/s
IT»3
297/s
•
4
2
34% Jan
7 $2 preferred
_———___25
Reading Company ————i.——50
4% non-cum 1st preferred—50
4% non-cum 2nd preferred.#—50
Real Silk Hosiery
——.5
Preferred"
———.100
Reeves Bros Inc—.
.—50c
Re is
(Robt) & Co 1st pfd
100
Reliable Stores Corp
No par
Reliance Manufacturing
1,300
81
*78
81 •'
33%
34%
100 Va
33%
100 Va
29%
7%
27%
*78
81
*
33%
100 V4
33
*99
30
*13%
*
.34%
.
300
*26
15V4
80% Feb
15% Jan
-y—m—-l.
y:
-
7.
13
16
12% Jan 13
103
Jan
3
.
—
570
26 %
100 v4
33%
'
—
3,000
113
15 V4
100%
35
101
*99
8i
*77 Vs
82
*78
•
;
—
13%
111
117%
102
103
.
500
110
13%
13%
13%
13%
400
#15%
*104%
110
*104%
110
Rayonier Inc.
.
10% Feb
8% Jan
75% Jan
JNo par
Raybestos Manhattan
200
"36
*35%
so
r
*42
*25%
26%
15'A #15%
.
900
*20 %
'
16
700
21
*100
102
6,400
37%
*37
21
13%
13%
102
200
41%
*104%
■
36V4
'■
22%#'.
34%
'
1043/4
37 Vs
15
110
13
13%
26%
*25%
i
*106
*
110
900
•.
17,300
20% #20%
42%
21%
i 15
1
.13% ;.13% > ;
213/4 #21%
•
37 Vs
'
38
15
78
Amer
No par
;
$3.50 conv 1st preferred— JNo par
Radlo-Kelth-Orpheum
1
Ralston Purina Co 3%% pfd
100
Radio Corp of
32,200
1043A
.,
36%
22.Va
20Vi
*36
.#
15 Vs
13%
13%
105
38
♦106
110*
•
13%
'
15 Vs
9 -
-*35%
105
37 Vs
# 41%
*
v
4-
*77
:
;
*22
20 V4
*41
8%
> •:>•
13%
*36%
•'#■
•
.41%
20
41%
*36
:
'36
21%
20%
79
.
.
■37%
41%
15%
14%
,i
*77
•..
'
9%'"
.
Xl3%
14Vs-. -..-13%
*104%
,105% 105%
*35%
.« :■ *35%
37%
21%
>
■
20%
<
37
37%
78%
•
8Ys
—
•'
37 %
22%.'
37%
!
42
37
36
21%
37%
*41
36
9%-
>78
i
78
•
'
9
•
V 105 Vz
•104
105%'
#*35%
22%
37%
.
'
9 Va
9
78%#* ; •" *(•78
'14%
14% 1;
78%
78'A
*104
f
9%^
9
47
Jan
•
5iA
Oct
11 %
92
Nov
Sep
37
Sep
27
May
104
July
5t>
;L»ec
,
1470
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, March 17,: 1947,
NEW YORK STOCK RECORD
'
LOW AND HIGH SALE PRICES
Saturday
•■'v. '
Monday
7.
-
•;./ *',r
Wednesday
Thursday
Friday
Mar. 13
Mar. 14
"
STOCKS
Sales for
Mar. 12
the Week
Mar 10
Mar. 8
>
Tuesday
Mar. 11
,
NEW
YORK
Range for Previous
STOCK
Range Since January 1 *
EXCHANGE
Lowest
Sper share
21%
213/i
211/4
14%
,i
143/8
14%
$ per share'/
t per share
'
'•% t
20% V 21 %
21%
per share
^'20Vs '
'
t per share >
21%
21
'
$ per share
21%'
'/
20%
21
13%
-
Shares
^
14%
*84%
*84%
*38
16%
15%f:.'15%
,/,
16%
40%
*111
85%
15%
85 %
16% ;
14 % 14%
84%
84%
112%
40%
>12 >/4
33%
33%
33%
100 %
*98%
30%
30%
106%
*114
\
,
311/4,
107%;
115
«
65
26%
*103%
15%
*45
85%
.
153/8
33%
34%
993/8
99%
*97
29%
31%
30%
31%
7
.
40 7/
63%
26%
"
151/4
-A 51%
14%
46
14%
*45
46
63%
26%
;*
No par
,
3,400
395/b
40%
11,200
Standard
40%
'
64%
.63%
,
643,6
15
.
*45
47
433/4
14^4
-14%
*45
3% %
'•
of
18%
Dec
7
14Va
NOV
39%
Apr
90% Feb
4
84%
Sep
109 %
Apr
:
(;.
Sep
2
33%
Feb
55
11
107%
Oct
116
Mar
55
May
18% Feb
5
37% Jan
6
343/8
NoV
6
101% Jan
13
98 y*
Dec
16
36% Jan
2
20%
Oct
98
'Jan
13
1143/4 Feb
Jan
70
$i. Oct
78
Oct
421/a
18
•
Feb
.125
Feb
19
58
Feb
10
25
39% Mar.: 7
42 / Feb
70% Jan
7
37 z,
9
61%
Nov
63% Mar 11
233/4 Jan
3
29
Jan
28
101 Va Jam
A——100
6
105
Jan
29
Dec
Apr
Apr
>
59% Aug
493/4 May '
.78% May
30
July
108% Jan '
20% Mar
100%
99 %t
135%
Feb
;
May
149%
13
Indiana
Apr
;
60 3/6 May
503/4 Mar 11
.,
24%
15 y8
45 % Jan
Jan
106
.,
Jan
112% Feb
_No par
preferred series
40%
3
28% Jan
—^No par
$ per share
25
17% Feb
'
Dec
'
; 8,800
>
■47
Oil
$ per share
23% Feb
.?
333/a Mar 14
Standard Oil of New; Jersey/, .i—25
Oil of Ohio.—
10
! "
•
prior preierredOil of Calif
'
Highest
16
Mar
99
Standard
' V 7,'500
1
400
V
"
104
104
$7
19/000
f
26%
26%
,
38
109% Jan
par
Standard
700
15
,Jan
Lowest "
.1 per share
3
14%; Mar 14
5
.1
:
& Sons common
Standard G & E Co $4 pref—No par
$6 prior preferred/
—-No par
31,500
15,000
104
143/4
47
*
■
51%
52%
26%
104
14%
!
30%
,
Inc._No par
$3.50 cum preferred^.:—;—No par
'
200
103
63%
15%
r
5,800
99
(ER)
112,*''
V
26%
I
preferred
;
13
82
2
$4 preferred
Standard Brands,
51%
40
104
33% >33%
Squibb
50
$ per share
19% Jan
13% Jan
1
:
Square D Co_
400
•
"
,
103
64%
:
.
108 3/^
40%
.
112
•
(The)
$4.50
103 %
;
,26
~
7,100
:
39
*111
Conv
113
t.
*103
/
1-
112
52
40
v
103
103%
114'
52%
'•
26%
•
104
-v
110 %
•
40%
103
46
102
*
64
26
103%
;
*38
38%
111 >:■
180
.
15
30
h.
.
38%
111
Sperry Corp
Spiegel Inc
16,800
85%
14%
99%
41Va
112
34
50% >52
64%;:
*45
85
xl5
34% %■
15%
46
15%
*97%
25%
,
i
85
85
*38
100
31 '
?: 104;
410% 111
.
40%
14%
112
103%
26 J/4
104
15%
v
64%
:
15%
104
521/4
/:
40
,
,84%
14%
«.
40%/ 41
111 'Ki 111 "f•
33%
34%
*29%-
/
115%v
v
51%
39%
64 3/4
:
31
52%
39%
/
.•
100%
14%
100
;
*104
,V
117
52%
34
7
141/4
.
40%
•111
*98%
106%
,.v
Par
6,400
'
,14%
Year 1946
"
Highest
'
Standard
4%
100
Steel
Spring
preferred
conv
l
-12% Jan
T
17% Feb
13
44
Jan
.i!)
J;m
1 .i
15% Jan
50
13
2
49,
11
Feb
11
•
25
Feb
56
Oct
37% Nov
7
Jun
*
*41%
43%
16%
43
*102%
43%
*42%
16%
423/4
43
104%
167/«
43
104
*102%
*43
43%
*43
16%
16%
16%
433/4
42 V4
43%
*16%' -16%
42% '43
16%
43%
./
43
,
163%
42
...
'
18
20%
104 '
*102%
*102%' 104
*21
17%
17%
17%
17
17
2,900
; 3%% - preferred Stewart-Warner, Corp
20%
20%
20%
20%
20%
2,600
21%
21%
21%
21
21
21
21
600
14%
15%
14%
14%
15
153/a
143/4
15
3,200
20%,
21%.
X21%
22%
21%
21
21%
15 %
15
15%
21%
14%
121
;
9
44%
>109
'•
34%
/
34%
23%
26%
104
104
v
8%
15
*12%
c%
-
*
50 %
57
:>'■/ 11%
12
56%•
52
26%
13
18%
*50
*51"
18%
*16
12%
*16
;•
12%
20
20 f;
■*.
50
104%
104%
*6%
6%
":*.C
26%
104%
*103
104
*103
8%
12%
Xl2%.
8%
15
12
55 »/4
11
"
'
19%
19%
123/a
12%
8.000
Texas
50%
49%
50 %
3,200
Texas
Gulf Producing
Gulf Sulphur
27
27%
8,800
Texas
Pacific Coal &
18
17%
17%
12:200
Texas
Pacific
Land Trust
1,200
Texas
&
2,400
Thatcher
Ry Co
Mfg Co
pfd __;
50
50%
18%
-12%
15
20
i
11%
>55 "
.
-.it? >
"
'
12
*11%
•
18
57 Va
15
12%
*53%.
...
*53
v
19%
19%
193/4
V
15%
15 Va
*143/4
153/4
f *14%
48 3/4
493/4
493/4
*47%
48%
C 104 '
6
; :> 6% • 6%
*34%*, 36
104
6%
:
*34%
•
f
35%
19%
104
6
104
6
.*35;
104
6 Va
6%
363/8
*103
*35
18%
18%
18%
18%
18
47%
473/4
47% * 473,!,
47
34
19%
18% ' 18%
>105
,18%
105
.17%
6%
13%
13%
193%
17%
6%
18%
'
18%
18%
105%
105%
105 %
18%
105
„
13%
18%
18%
48%
47%
.
*40
2
55%
Apr
Sep
21
Aug
28
Sep
41%
Feb
253/4 Nov
36»/4
Jan
19 y»
41
Feb
31
104% Mar 11
Nov
109% Aug
16% Jan
Nov
101
7 3/a
Nov
113A Jan
19% May
Feb
17
75/a Jan
9
6V*
Dec
13
Jan
173/% Feb-
Mar 14
55% Mar 14
7
143/4
Sep
253/a
Jun
52
Feb
68% Aug
60% Feb
13
18
14% Feb
9 % Mar
17
53% Feb
49% Mar 14
27
18
July
46%
Sep
60%
Jun
21
Oct
32%
Jun
14 Va
Oct
26% May
35
Sep
65:
May:
13%
Sep
18 i
Sepi
47
Sep
61% July:
30% May
200
1,200
340
6.
21% Jan
13
28 j/4 Mar
153% Jan
16
20% Feb
Jan
13
14% Jan
56% Jim
14
21% Feb
18
3
59% Feto
13
Mar 11
173/4 Feb
13
•15
Sep
Co
div
11% Mar 14
13% Feb
13
10
Sep
Mar 11
60% Feb
15
48
Oct
70
Feb
14% Feb
5
Oct
20%
Jun
i8% Nov
41
-
No par
—
15
1
common
54
4%
.2,100
conv
Avenue
Transit
preferred
-___:
Thompson-Starrett Co__„—No
400
$3.50 cum preferred
;
5
21
583/4 Feb
18
103/« Jan
2
163/4 Jan
4
213/4 Feb
21
16
4
lb3/, Feb
11
14%
Oct
59% Jan
30
38 y*
Oct
Jan
103
8
106
5% Mar 14
par
Jan
34
No par
17%
Dec
15% Feb
48% Mar 11
__100
;___
18%
18%
104%
104%
,700
18%
18%
3,900
Timken Detroit
48
49
46
47%
3,100
Timken Roller Bearing
13%
13
8,100
195/8
6,400
tTransamerica
Corp_____
Transcont'l & West Air' Inc>_
16%
1,000
Transue
63/8
10,300
13%
13
13%
12%
20%
193/8
20%
193/4
20%
16%
*1'6 %
17%
*-16%
19%
*16
6%
6%
6%
6%
6%
110
*13%
v/• "47 ,r
;
13%
14%
110
110
18%
18
18
32
32%
'39%
42
•
110%
,
18
33%
,
49
.
Jan
13%
37% Jan
5% Mar 14
5
18%
193/4
>102% 103%
14
13%
38
6
2
100
18 3/4
13%
6%
32%
33%
42
47 •'/,
■.|7
19% Nov
5
13
No par:
104%
16%
•••,111% 111%
•7
18%./ 18%
18%
:*io234 103%
*13%
Dec
7
Mar
Jan
il
183/a
,
17
"
'
■4
23
May
24% Feb
28% Feb
preferred—
—50
Corp_No par
Thomas Steel Co
(The)
11
Thompson • (J R)
25'
Thompson Products com—_No par
14
*40
46%
•47
32%
6%
-
111
109%
Tide
32%
41
133/4
47
46
46
14
13%
13%
9%
7% Feb
3
1
Feb
Jun
Oct
13%
Jan
Oct
5ye
32
'
21% May
69% Jun
1123/4
Oct
102
MarlO
39% Feu
14
Williams
32 /
16,700
20th Cen"Fox FiTm
*500
68
Jan
46
46%
13%
13%
800
3b0
,
'
2,400
Twin
2
21% Feb
51% Feb
13
15% Jan
3
22% Jan
6
1
14 r*: Dec
>19% Feb
21 y4 Feb
Jan
45
;
1
-
38%
Oct
66 Va
Jan
13ya
Oct
5%
21% May
71
v
6
6
7
102%
11%
Oct
18
43%
Dec
15% Mar
63% May
79
•
May
106%
Jan
-
;,
24
Apr
71% Apr
26%
11V* Nov
5
Jan
Mar
22% May
Dec
W:
Feb
114
Sep
16
20
•
Jan
33%
12%
Oct
105
Mar
51% Feb
2
12% Jan 15
Jun.
Jan
103%
.16 > Feb
-
26y2
Sep
'37% Oct
46% NOV,
4g
^
Feb
Oct
383/4 Jan
4
Apr
16 y8
,
.
;xl02% Feb 27
12% Jan 16
'
••
99% Nov
■
4
7% Feb- 7
112% Feb 20
17% Jan-13
30% Jan 13
39
Jan 16
.
24
;
.
parju/;108% Jian/ 3 v
Corpi_'__No par ?
112
183/4 Dec
3
"
!
17% Jam 16
15%-Jan 15
6% Jan 16
1-5
par
cn;-
Qoach
-108% Feb
433/4 Jan - 2
12% Mar 14
St'l—No par
24 Yt
17% Nov
6
2
Mar 11
18
$1.50 '-preferred
__No par
/I4.5J' prior /pfd/X^^w-No.par
Twin City Rapid Transit—No par
5%' conv prior pfd
50
j
14
20% Jan
18% Jan 13
102% Jan
No par
Tri-Continental Corp
-250
103,
13%
'
10
No par
Axle—____'i____^5
$6:i preferred/
Truax-TraetrCorp-
*103
13%
13%
&
-.
,1,000
;,
31%
"
103%
13 Va
Associated ,Oil_
18%
»*18
32%
41
*103
110
Water
$3.75 preferred
*39 '•/ >42 '
18
*45%
,
13%
13%
6%
18
103%
13%
13%
173/4'
110%
,
41
*103
103%
13
47
13%
32%
40
*102%
4,100
-
48%
13
18%
Xl04%
19%
•'19%
->*16%
'
6%'
111%
|| *109%
4/ *18 i
/# 32%
& *40%
-'$2%
Third
•
35
-
Tv.;
160
47
27% Jan
10% Jan
Apr
353/4 May
Oct
Oct
102
10
'
1055/a
13%
173/4
17
Feb
27
Glass
coriv
Thermoid
1
20
2,500
.
104%
53,4
35 Vb
,
1,700
15%
48%
The Fair
2,600
.
11 Va
48%
*18%
V.
12'
*$2.40
400
'
54%
>11%
16%
104
14
May
56% Aug
24
7 3/b Oct
10
Oil—
Pacific
290
,
15"
48%
'
.
49
17 Va
57
57
J 15
«"12
a
11%
43 V2
18%
*56 %
*35%
,.
Sep
16
1
Jun
16
2
335/» Mar 14
No par
May
78 y2
Oct
223/4 Jan
25
124% Aug
10 3/(,
22 3/4 Jan
15
110
Sep
Apr
42 V*
par
5
12%
16%
106
233/4 Feb
Mar 14
'
Sep
61 y2
117
6
13% Mar
19% Mar 11
41
14% Jan
12% Nov
Feb
2
45 Va Jan
114
393/4 May
103%
10% Mar 13
1
•
13
Corp
(The)
27%
50%
.
21
16
25
17%
153/a
11J4
it
26
193/4 Jan
Ltd—
27%
*53%' ■9 55
11%
20
11
Feb
101% Jan
50
50%
18 Va
>12%'
>12%
54
7% Jan
122
,
'
57
*15
16
15
10
14
'
49%
56 Va
Feb
Jan
13
Co
'18 Ve
1
ll3/4 Jan
Texas
X49%
17
7*% Feb
5
11,400
.
3
107% Jan
3
9
56%
18 3/a
15% Feb
18
Inc (James)
Telautograph Corp
55%
58
13
Feb
Tennessee
56%
50%
38% July
24 % May
Talcott
200
56%
18%
oct
•
7
563/4
50
i8y8
10% Feb
58
58
11
16
57%
18
25% Feb
16
7% Jan
900
17%
23% Apr
102% Jan
2,600
18
Oct
1
5%
12%
14%
No par
15%
12%
3
11% Jan
10
$4 preferred
15
12%
Feb
25
Co___
16%
:
23
17 '
Symington Gould Corp
4,600
12%
5%
Jan
40,
(The)—_4.16%
International
310
21
No par
Sylvania Elec Prod's Inc——No
16
17%,
'.
6%
&
8%
*12
123/4
*53/4
Swift
Swift
6,200
3
118
10c
Co—
Amer
7,300
104
8%
of
21a/4 Jan
70% Jan
l.12.50
■
12,900
;
.
153/4
50 Va
!
*103
Inc
Paper
Co
15 3i
27
'
26;
8%
*12
6
:
24%
25%
Sweets
34
24
104
8%
12%
6
6
33%
1
Sutherland
100
15%
50%
105%
,
,
t
8%
26%
18%
.
(.The)
Superior Oil of Calif
Superior Steel Corp—
800
Dec
13
107
100
Co____:
.
buperneater Co
1,600
oct
20 y4
Feb
1
Mining
:
13 y8
4
13% Jan
1
Corp.
Biscuits
>102% Oct
7
,
:
%
24%
26
12%
12%
104
36
*353/8
34%
23%
27
,,49%
'
50
•
34
24
'
Oil
May
109 % Aug
26% May
19% Feb
18% Jan
No par
cum)
Sunshine
>
-
«
*15%
16%
♦15%
I
34%
23%
26%
*11%. 32
20
■:;/ 20
■
Sunray
pfd ' (4%%
Sunshine
1,400
417%
15
A
2,400
19%
41
J
5
'
14% Mar 11
No par
6,900
.
19%
*14%
16
34%
51%
59
12%
'
11 %
11%
42
26
11%
> 165/a
.
20
42
*14%
_______
13
Aug
•; 63
24%/Jan
■
,_1
preferred
1,300
,
20%
109
109
110
20
15
26 ' Z
*55%;! 56
56
*55%
43%
50%.
18% ' 18%
17.%
19%
42%
6
51%
.
20%
20%
110
X1934
35
12%
12
*58 >
20%
110
26%
•
17%
59
21
20%
110
18%
26%
52
18%
*5o
>11%
A
No par.
Co
Class
'
15%
56%
51%% 52
t
40 3/4
ll3/a
"*14%
8%
58
>11%/
52
26%
9%
403/4
113/4
24%
12%
G%
*16
10%
40%
11%
26%
16 %'
*6
16
85,800
9%
40%
16
34 %
8%
*12%
6%
16
10%
9%
40%
23%
%!
104
8%
20
12%
104
26
103
*
120
26
24'%
26%
83%
21 >•
19%
*14%
34%
23%
■
121%
*120
Corp
series
Oil
Jan
Jun
26 3A
Oct
41%
104% Mar
Mar 14
53%
Sep
16 Ve
2
28
20-
20
:
(The)
Corp
Chemical
$4.50
40%
43
43
•14.%'
34%
23%
26%
>
108%
19%
>
44%
14%
Sun
*
108%
20%
*43
44%
.15
20%
110
20
9%
12%
•
121%
Sun
900
11%
40%.
113/4
120
2,400
74%
73%
75%
Studebaker
108
*107
108
*74%
prior preferred
Stone & Webster
*;
37 /
2
Jan
49
20 Va Jan
1
.____
43% Mar. 3
/ 18 / Jan
Mar 14
16% Jan
—5.
5%
26,500
.
14
xl3%
14%
*107
73%
*120
9%
40%
12%
21%
20%
7
•<
,22%
14%
108
73%
121%
9%
14 %
*107
74
*120
■40%
*
12%
14'
108
*73%
93/a
9%
40%
>
20
*14%
.
*
110
,
14%
*107
121%
21
20
14
108
*120
-
12%
*109
14%
14%
74%
41
20%
.
,
v
*21
22
/:
'
*73
9%
41
V
*107
121
-12%
.
102
Stokley-Van,Camp;. Inc
15%
21%
-41
—.,..—100
173/8
20%
>
'•
1
—5
common—
17%'
213/a
73
100
No par
Inc
Stores
Drug Inc
20%
21%
14%
102
(The) L S
Bros
17%'
21%
723/4
Sterling
20%
21%
*107 V 108
104
Starrett Co
Sterchi
5,500
41%
102 s
17%'
20%
w-
*102
200
1,100
->*:
16%
16%
41
20%
*
4:1 173%
17%
20%
If'/'VZi',
42%
X42%
,
Jan
U
LOW AND HIGH SALE PRICES
Saturday
Monday
Mar. 8
'
I
t per share
52%
13
13
31%
53
52%
■
31%
*12%
>
*52%
13%
31
97
96%
96%
98-
1
53
53%
*12%
31
30%
963/4
-
12
98%
97 r
Friday-
I per share
52 3/8
14
x52 %
14
30%
31
114%
*113%
114%
*113%
114%
108
*102
108
♦102
108
113%
*102
981/4
97%
113%""
*99%
993/4
21%'
21 Va
99%
*99%
21
125 > 125%
*108%
124%
110 Va
*35^%
99%
22
>
99%
99%
99%
21
21
20 3/4'
21
17%:
18
z
•
107
108
:
39
vz
39
■i'•'$ 74 >:»
z
6%
♦76
'3%
•
*513/4
Z
77%
•
z
*99%
"993/4
20%
20%
6%
6%
8%
6'%
91%
13%
*39%
40
22%
/'
15%
*107%
*8Va
16%
9%
15%
23
't
>
18
f
24%
23%
24
22%
109%
110%
109 7/a
38
110
37%
38
72
30
37%
72
37 Z
73
*28%
-<
6%
76
■
-t, ■■
1:
6%
75
'
3%
3%
52.,
6%
71%
29%
6%
•
75
*28%
3%
,
75
.
3%
United
>
9%
91 y4
*90
13%
*13%
39%
37%
37%'
485/a
49%'
49%
50
23 V
;
23VV-
15%
108
;
15 3,4
Z:
"
23
15%
108
16%
9%
9%
23
17%
17%
/>' 47%;
105%
105%
13%
37%
50%
23
15% "
10
2,300
90
13%
46
9%
17%
•
10%
cum
100
70
Preferred
;
1,600
United
/
Coal
23%
/4,200
19,100
United
Gas
United Merch & Mfrs Inc
1,500
:
15%
109 Vi
16%
9%
111
Oct
14
101% Jan
16
90
Dec
107%
Jun
22% Jan
7
9%
17%
•;
121
1003/4 Mar
50
5%
v
3,200
15,700
__5
-
5
Apr
Jan
3
'
Feb 10f
110
Oct
29
May
168% Feb
111
Mar 12
Jan
Feb
102% Oct
120% Mar
26
32
38% Feb 10.
i
13
20
Feb
8
15
\Jan 16
106
Feb
3
25y2 Jan
6
17% Jan
103% Jan
.21
203A Nov
137
.
3$%: Jan 16
46 V Jan
42%
I
54%
Feb
71% Mar 14
263/4 Jan
15
33% Feb
8% Feb
6% Mar 10
x
Sep
57V* May
91% Apr
Oct
40
8% Jan
14
"13
•"
:
4% Jan
16
Jan
88
<
Jan
13
Mar 11
37.
10
3%
29
10% Feb
,
78
31
52% Jan
2
44
Dec
71% Mar
Jan
2
"16
Feb
13
;
43% Jan
2
/.
Jan
2
89
7
Oct
7%
Oct
8% Deo
:
10
95
j
- May
17% Apr'
6% Oct
8
Jan
83
73% Mar 14
3% Jan 13
49% Jan
Jan.
62
8
'
V
Jan
23%
10
Feb
'
•
Jan
119
Dec,,
19% Nov
Jan
37%
16% Nov
101
2
77%
32
Mar 14"
37.
■
.Sep
110% Mar 13
107% Mar 10
:_5
United/Engineering & Fdy
•
105
100
Cos__:
Fruit
>16%
115%
Feb
10
—
Electric
United
17%
.
.■
Jun
106
preferred—-c-i—1001
20,500
15%
111
13
-100 '
Inc_____
37%
*107 Va
17%
9%
,;•?
A%%
-
Lines
50%
VZ22%
.
•
125
4
Feb
—5
49%
1091/,
Sep
Feb
105
~.Nopar \
37.
23%
15%
*1063A
88
114
13
100
Cigar-Whelan Stores
30c
conv.
preferred
100
United Corp common
—___—1
$3, preference
5
United Dyewooa Corp
;
—l
38,600
;
Air
,
23% Apr
39
May
29
20% Mar 14
$3.50
"
17%
17%
*8%
88%
493/4
109 V*
c;".9%
,
9%
91%
14
.
/ 37%
'
*107%
165/4
10
*8%
'
-
15
United
50
3%
*8%
Jan
7
99% Feb
100
•
Car_
United
Biscuit- Co__
—No par
United Oarbon-Co^
—No par
Unlted-Carr Fast1 Corp.
—No par
300
16,900
51%
*90%
>
6%
.51%
Co
preferred/—
non-cum
Tank
5f&1 conV preferredv-—J-
1,100
7
74
3%
RR
United Aircraft Corp
1,000
72
51%
Nov
'23
58% Feb
Feb
»;
Pacific
4%
Union
16,100
2,300
29%
3%
*13%
,,
73%
12
17
80% May
*; Sep
25
34% Feb
'
'
Union
.
100
1,600
400
37
51%
52
13%
9%
6%
6%
*74 ' *
91%-/'.:
17%
;
110%
49
153/4 Jan
,
89 V4 Jan
-
9,900
23 %
13%
37 •"
16 Ve
93/4
,2,000
;
$ per share
share
1
123/4 Mar 14
25% Jan 16
105
Preferred $3.50 series_—No par
Union Oil of California
25
'4,300
35%
*1073/4
$ per
$ pet share
Sper share
xll2%Jan
/
112
109
.
420
122
35%
*107%
*28%
52%
*8%
V
109
17%
:
•
20%
17%
■
,
Highest
'
"52 3/a Mar 13
.
•
Un El Co of Mo pfd $4.50 ser No par
Preferred $3.70 series—___No par
-
107 Va
x.72
s
:
/'•
99%
17%
110.
91%
,-
23 »/
.
15%
10
18
50 VB
*107%
17%
17%
40
48
22%
"
38%
3%
13%
>39%
:>
121 >
*110
36%
1093/4
29%
513/4
9%
92
13%
Z
109
76
52
-*911/4-
,
48%
Sv:;
6%
'
-
3% "3%
51%
109%
36
23
s
•
74
121
109%
20%
'
.
>40
;
■
77%
3%
133/a
38%
29%
,>
.'
108
121
36
107 Va
24
z/V'
110%
17%
v
107
22%
123
.
•9,500
—_No par
Year 1946
Lowest
i
■'
*
113%
108
99%
.
97;
*
:
' par
Union Asbestos, ftuber
Union Bag Si Pappr
-—No par
Union Carbide & Carb—„—No par
/
Lowest
.
-
Underwood Corp
1,000
<
Range Since January 1
Highest
,
fi'
:
1,100
*102
35%
17%
733/4
30%-
*109
35%
108
«..
*76/;
52%
,v*88%
f
121
111
35%
17%
107
74
30%
/
.
39%
74%
30Va
6%
/
108
r} 39
30%
*74
VB,
22%
107%
124
*109%
-•...
107
>22%
22%
107%
123
124 Va'
35%
107
/
•.
110 Vs
35%
18
*1063/4
21%
•
*108%
36
17%
'
•
!>»i" EXCHANGE
.
.
7,200
1133/4
108
'
<
13%
30%
95%
113%
*102
52%
NEW YORK STOCK
>
:Shares
12%
97%
113%
108
'
*
30%
-
"
*113%
*102
'
the Week
1 per share
53
*13%
/ 30%
Sales for
Mar. 14
Mar. 13
'•,» .53%
13
30%
>
31%
Thursday
$ per share
'>13.%
-
'
.
Alar
Range for Previous
STOCKS
Wednesday
s
'■>;> Mar. 11 ;/■
;
j $ per share
Mar 10
Sper share
'</> 52%
Tuesday
•
16% Augi
105% Aug
12% Nov
34%
Oct
18%
Oct
12%
Oct
213/a
Feb
56Jan /
Dec
41%
Sep
Jan
56% July
"
535/a Aug'
-No par
44% Jan
14
51
Improvement Co__13%
225/b Jan
16
24% Jan
13% Jan
16
19% Feb
17
108% Jan
30
104%
Oct
9 3/a
Sep
153/a July
9%
Oct
18% May
Co
i.
com
preferred
1
United Paperboard
;s_j
United Rexall. Drug. Inc
Feb
107
100
_10
12v
;
Jan
19<
16
9% Mar 14
2.50
6
v
19% Feb 21
113/4 Feb
8
/
30% Apr |
22
Aug
'110
Jan
*
17%
17%
17%
105
16
."IS
105
105
195
17%
105
16%
z..
101 »/a
101
*193
...
\
.:
16 ;z
16%
99
101
95
*193
195
*193
>•:
*30%
31%
31%
313s
30%
*91
92%
*91%
92%
*91%
46%
46%
47
47%
45%
*
46
16 Va
97%
18
17%
107
*105%
16%
X96
"
98
100
195
*192
*29%
91
92%
46
45%
31%
91%
45%
18 Va.
z
16%
100%
195
,*29%
7%
V
7
7
■
-
7%
7%
*7%
30%
30%
*30%
7%
13,700
...
97%
*192
31%
*29%
*91
107
170
800
99
31
30%
For footnotes see page
30%
31
'
;
400
S
>7%
U
S
Gypsum
47
7
7
45%
7
92%
20
31
30%
*
46'A
7
30%
:
V
"
Co
20
Hoffman
Mach
1,900
U
* 800
U
1,600
100
Corp.;
;4% %
5
S
preferred
^
Industrial Chemicals
No par
S
Leather
No par
Partic
&
Co
conv
cl
A
:
16% Jan 16
3
1043A Jan
100
No par
>
Jan
28
15
86% Jan
2
18% Feb
3
16
107% Feb
11
Jan
23
103
Feb
26
188
r
29
91
x41
<
Mar 12
Jan
13
Jan 13
7
3
25% Jan
15% Oct
21% Feb 13
> Jan
—No par
preferred'—
*
47
*30%
U
-
r
31
U S Freight Co-^.—
;4,600
195
*31%
U S & Fnrelgn:Secur_^—,j-No par
$4.50 preferred UNo par
;•
*
15% .15%
92%
*90
'
7%
*105 Ve
107
16%
*192
195
31
105 Va
106
V Mar
6
32% May
1003/4 July
101
Nov
13
Nov
93
Sep
132
Dec
x205
z
187%
29%
Feb
May
Sep
6
26
Feb
47%
Feb
15
90
Sep
98% Aug
53% Feb
13
37%
Nov
62
8% Feb
8
6 3A
Sep
'13%
Jan
Sep
44
Jan
33% Jan
94
r
32 y* Mar
7
25 ;
Apr
May
1471
V*
THE COMMERCIAL & FINANCIAL CHRONICLE
Number'4577^
Volume 165
NEW YORK STOCK RECORD
.■
LOW AND HIGH SALE
Saturday
Monday
Mar 10
Mar. 11
$ per share
Thursday
Mar. 12
Mar. 18
Mar. 14
...
Range for Previous
Friday
$ per share
$ per share
ST0CK8
Wednesday
Tuesday
Mar. 8
PRICES
i?
$ per share
$ per share
the Week
$ per share
EXCHANGE
'
Shares
,
Range Since January 1
Highest
par
tper share
*9%
93/4
413/a
17%
41%
*70
*9%
303/a
30%
103%
*
30
>101%
71
*103
54%
9%
40%
30
30%
*102 %
54%
53
53 %
*156
160
157
473%
*43
473/4
49
48
*80
81%
80%
80%
82%
703/a
145"
72%
161
473/4
*80
71%
72%
71%
157
30%
*102%
158
*80
493/4
_l
16% Jan 22
21%
21%
21%
21%
21%
46 Va
*45 %
46 %
*45 Va
46%
5%
53/a
53/a
53/a
53/a
10%
*102
10%
Z,
9%
8%
*90%
*188
Z
24%
*47
52
*47%
51%:
20
*19
20
*ls)
20
89%
253/a
•
9%
8
9%
8%
90%
90%
90%
9%
,
8
90%
.
9 Va
8%
.
•'
*47
100
8,800
{i
52
100
19
.
19
200
90 %
90%
91
90 %
180
i
10
192
'188
189
4,600
7%
7%
8
*188
190
190
192
25
*89%
23%
25%
23%
24%
23
23%
4,900
90%
24%
90%
25
*893/a
8%
*187
192
9
10,300
;•
'
8Va
903/4
*183
25%
893/a
52
*19%
■>.
105
*103
105
*47
9%
10%
10%
11%
*103
Zv-Z 9
83/a
90%
91%
\
11
11%
105
*100
93/a
8%
192
107/a
i
5%
89%
833/8
*88%
89%
87%
87%
60
60% May
73
Feb
59
Sep
84
Mar 14
39
Jan
16
147% Jan
6
United
.
cum
8%
51
Feb
27
Feb
28
79% Feb
8
4
149% Feb
1
100
_
No par
>:
3
2d pfd_5
8
Jan
102
Jan
8Va Jan
47
1
Inc
1
Tob
40%
Oct
X72
Co
142
Feb
Feb
Dec
166
Feb
19
20%
Nov
29%
Jan
47
Nov
55 y8
Jun
3
Sep
9%
Jan
20%
Apr
4%
21
7%
Oct
Jan
6
100%
Nov
30
7
Sep
Sep
18%
Dec
27%
8
Dec
22
2
91
Nov
110%
Jan
200%
Apr
49 %
Jan
Feb
17
Feb
7
11% Feb
10
Jan
14
99
184% Feb
4
192
Jan
128
41"
52
22
Jan
Mar
7
187
1
Inc
Feb
89
97%
x22
13
29% Feb
3
25
Jan
14
91 y8 Feb
13
77% Dec
18
Jan
16
22
7
16V2 Jan
3
/ 54
Nov
82
11% July
.
May
Jan
100
Pictures
preferred
84%
Sep
Oct
65 Va
10% Jan
4
Mar 14
x90
ICO
Feb
21
106
7% Mar 14
No par
187
Feb
13
Jan
19
Nov
12% Feb
14
2
50
Corp
Apr
5% Feb
27
Paper Inc
pfd
Steel
23
13
No par
non-c
jan
Oct
80
48% Feb
Mar 10
5
preferred
4%%
46
1
conv
Leaf
21V8 Jan
25
Dec
106
Nov
144
81
Laboratories
Universal
11
8
Universal-Cyclops
Universal
Feb
Sep
48%
16
»«eferred
Universal
165
11
16
.
Wall
4%
60% Feb
Apr
39%
"
78% Jan
United Sto»—« $4.20
conv
100
68% Jan
144
Jan
1% non-cum preferred
United Stockyards Corp
$6
103% Mar
common ...No par
U S Tobacco Co
/•:
42% Jan
36% Dec
50
preferred
110.
2,300
5%
5%
Dec
Nov
48% Jan
Corp
25% Aug
H Vb July
9
35
io
Steel
Jan
9% Jan
44% Feb
3
S
13%
'
$ per share
29
Preferred
3,200
46%
*45
-
3
Highest
I per share
8
Mar 14
101% Jan
U
800
21%
21 Va
46%
5%
20
20
8%
11
106%
*45
51%
*47
20
>.
*101
9%
.
50
107/a
.
103 %
103%
93%
50
*19%
11
10%
-I
106
•
5%
.
147
7
pfd series A_
cum
19% Feb
65
100
600
•
9J/4 Jan
38% Jan
10
8% non-cum 1st preferred___100
U S .Smelting Ref & Min
,.___60
40,100
,
10
__20
U S Rubber Co—
3,100
72 I
*146%
33/4%
200
I
81
70%
21%
22
53%;
79%
146%
46
159 "
*152
73%
146%
21%
-
52%
81%'
146%
483/4
531
12,000
47%. >47%
72%
22
20
48%
72%
22
5,000
v
preferred
U S Pipe & Foundry
B Playing Card Co
U S Plywood Corp
U
100
103 ^
4%%
.
2,900
,
303/4
29
158
*145%
145
9%
*101%
54 %
*80
100
65
71%
144%
5%
U S Lines Co__
10,500
41
65
31%
48
145
1443/4
*9%
40 »/4
103
53 %
81%
.
93/4
.
31%
? 02 3/4
54
..
145
*46
18%
>
41%
67%
*9%
4C%
*65 •/:
159
*154
48
82
>156
18
10-\
'
68
103
103
55%
*66
71
29%
303%
9%
9%
40 5/8
*68
-
103%
54%
55%
18
r
40%
*9%
40%
41
*70
18
'
93/4
40%
72%
17%
17%
17 3/8
173/4
Lowest
* per share
'
173A
17%
Year 1946
Lowest
-
July
Feb
Apr
101
Apr
V
19
19 %
19
*18%
18 Va
*16%
*17%
17%
17
17
*35
36
35%
35%
*18
18%
18%
18 3/4
18%
*16%
17
35%
36
17
16%
16%
35
35
35
35
18
18%
17%
18%
18%
18%
18%
18%
17%
Vanadium Corp
18%
2J.00
16%
16%
700
Van
Norman
35%
35%
700
Van
Raalte
18%
17%
18
3,800
33%
*33%
35
33
33
800
*86
95
*86
95
*86
95
*86
95
*86
95
*86
95
Vicks
*88
96
*86
96
*87
96
*87
96
*87
96
*87
96
5%
33%
42%
103
34
33%
42%
42%
18
33%
33%
43%
433/4
x43 %
433/4
44
*102%
104%
104 %
104'/2
104
43
423/4
42%
104%
*103
104%
33%
33%
*103
104%
8%
8
8%
*85%
8%
«.
8%
*92
87
87
119
118
*118
97
85
87
*92
86 %
119
119%
85%
119
*92
97
8 Va
1,81)0
44
-
104%
50
119
97
83/4
8%
88
90
8%
14,700
8%
'
87
87
2,200
'•119
119
*93
95
95
9%
88%
119
119
120
30
95
*93
95
10
43%
433%
*43%
44%
42%
43%
42
42
42%
42%
42%
42%
1,800
*37%
38%
38%
38 Va
*38 Va
38 %
38
38%
37%
37%
37%
37%
3,200
*34%
140
156
*138%
*34 %
142
138 %
*156
156
156
35%
138%
36
*34%
35%
140
150
*34%
*34%
353/4
36
138
138
*134
160
*156
34%
-
138%
*156
160
160
34%
100
138%
50
156
*134
20
156
No par
Co
Co
2.50
Inc
10
Vick
Chemical
Shreve
Co
&
Chemical
3%%
Va-Carolina
div
6%
Vulcan
Jan
42
Feb
Jan
6
Jan
Apr
58 y2
Apr
14
2
15%
Sep
6
30
Oct
20
83%
Oct
113
Jan
13
91%
Nov
115
Feb
Jan
7
36%
Sep
53
May
104% Mar 13
9'A Mar
91% Jan
5%
Apr
May
108% Aug
Dec
12%
28
63%
Sep
5
121
Feb
5
117 Vs
Dec
21
97
Feb
24
80
Jan
105
40
Dec
Jan
123%
89 % Feb
100
Jun
51 y2
Dec
100
6
26 Va
Mar
53
X118
99% July
#
Apr
Apr
July
25
class A___
40
Jan
15
45
Feb
21
25
37
Feb
3
40
Jan
17
Jan
16
38
Feb
17
52
Apr
Mar 12
145
Jan
9
130
Oct
170
Mar
Mar 10
145
Dec
178
May
5
34
l100
138
100
148
Jan
6
100
68
Jan
14
No par
Detinning
25%
Feb
13
69% Jan
100
pfd
Feb
Oct
Nov
49
20
100
39
15 Va
35
94
27
101
Feb
94% Feb
13
No par
prefered
Va El & Pow $5 pref_—
Va Iron Coal & Coke 5%
Virginian Ry Co
6%
preferred
Visking Corp (The)
94
5
Chemical
partic
39
100
Works
17% Nov
15
13
20% Jan
11
90% Jan 23
100
;>
preferred
cum
16
Jan
100
preferred
non-cum
Victor
Ry___
41
33
2.50
Pac
Feb
18% Feb
34% Jan 20
17y2Jan
Vertientes-Camaguey Sugar Co_6%
'
8%
of Am
17
Jan
Co
Preferred
156
37
Sep
32% Nov
45%
Jan
W
74
*68
17 Va
*68
73%
*68%
73%
*70
17%
*17%
17%
17%
17%
*17 Va
73%
17%
34
33 Va
33%
33%
333/8
*68%
73
llVa
33 Ve
*69
173/a
33 Vs
17
73
>
Wabash RR 4%%
17
'!
600
Waldorf
34
343/4
104
105 >
•
104
-
»-
104%
.
,
105 Va
*104
22
22
22%
22%
21%
11%
11%
11%
11
16%
106 Va
106 Va
15%
16%
••-16%
153/4
106%
106 %
15%
ii A16
15%
*22%
36
34%
25%
21
15%
35
26
:r»106%
25
*22%
24
*35 Va
*25%
*21
*22 Va
,
22
7,100
106 Va
16 Va
16
106 Va
•
--
106
16%
15%
15%
23
23%
xl05
34
34
34
36
*35%
25%
25%
25%
25%
25 Va
*25
22%
36%
25%
21
21
21
*21
21%
24
22%
22%
*22%
23%
36%
35
35
9%
9%
40%
40%
41 jr
40%
86%
86%
86%
86% • 87
31%
31%
30%
31%
30%
116%
116%
35
9%
9%
41
117%
118
117
117%
111%
111%
111%
111
*114%
115 %
114%
114%
4l3/4
•42
41%
*110%
112
110%
110%
116%
42%
*110%
*39
r >A
116%
116%
*115
116
9%
* '/
114%
114
x42
*
*113%
42
112
*41
Warner
Motor
*14%
57
57%
6%
6%
15%
6%
14
6%
*14
16
14%
*39%
41
40
40
39%
39%
40%
87
85
87
85
85
84%
85
19
39%
18%
19%
19 Va
19%
19%
*11%
19%
—
17
*11
32%
*10%
32 3/4
253/4
26%
25%
99%
993/4
*99%
100
105%
105%
105%
105%
33%
48%
10O
68
103
101%
25%
14
-9%
32
32
100
100
*64%
30%
2,600
West
1
13
34% Jan
2
45
Efeotric class A—No par
Apr
lloy2 Jan
3
119
Aug
Jan
122%
Feb
114
120
117%
310
110%
90
113%
114%
113%
Indies
West Penn
7%
*110%
6%
68
101%
*101%
102
10O
101%
39%
40
40
99%
100
100
West
Penn
1,900
West
Va
112
10
100
* 8%
18%
,•
*11%
32%
4%-%
25
32 Va
5,500
23,700
380
3%%
105%
900
pfd
cum
Weston
*64%
68
101%
*iooy4
101
39'/a
2,800
100 %
100
Elec
500
5%%
$5
conv
32%
32%
25 J/4
25 %
25%
25%
2,200
White Dental Mfg
White Motor Co
14
14
14
14%
2,900
White
88
*86
34
33
33
32
*31
6%
6%
11%
113/8
11 Va
11%
14
13%
14
S9
97%
97%
18 5/8
}i*142
18%
165
*97%
53%
49%
50
100,
6%
11 Va
11%
11%
11%
11
13%
14
14
14%
13%
*97%
99
99
97
19%
*142
165
52%
7
6%
99
18%
19 Va
19%
142
32
7
20
13%
13%
*98
88
*31
32
300
11%
11
133/4,
*31
7
6%
63/8
32%
165
53
55%
49 Va
49%
59
60
*86
89
18%
*97
6%
6%
11%
,
1,300
20,200
14
•
97
6,600
300
19
19
165
*142
*142
165
*142
56
56
55
55%
3,100
.56%
56
49%
49 Va
19%
19%
19%
160
1,300
—
—
—
ji.
53 %
54%
49 5/8
497/s
tf
60%.
*87%
61%
60
61%
88%
67%
f
96
95
95
95%
96%
74%
74%
74
74
*73
75%
*73
75%
75%
60
59%
69
69%
*67%
69%
69
69%
69%
69%
600
13%
13
13%
13 Va
13%
13%
13%
13 Va
13%
14,000
96.
72 3/4
72 3/4
*68 %
69%
13 h
13%
40%
41
*69
13%
40%
.
8%
40%
49 Va
$4
Prior
Wilcox
Wilson
Sep
Sep
71
Oct
Wisconsin
Woodward
El
23 Va
Feb
1
18%
14
Jan
31
11%
Oct
No par
30 % Jan
22
12 y2
100
23'A Jan
13
Jan
2
100
Feb
100
102% Jan
27
106
Mar
49%
48%
Wool worth
59 Va
49%
59%
7,700
60%
2,600
87
Worthington P
87
87
87%
220
97
97
*95
98
110
(F W)
12.50
48% Mar 10
31% Mar 14
99
Jan 28
Ry
100
Prior
pfd 4%%
13%
*19%
64%
65
19%
19%
•Bid and
64%
19
-
13%
19
66 %
64%
asked prices;
18%
19%
no
sales
on
,
39
39%
373/4
373/4
1,500
13%
13%
13 Va
3,500
19%
193/4
19%
19
19%
2,300
65%
65
66
653/4
66%
18%
this day,
183/a
fin
19%
;v
v.
19
19%
643/4
-
18%
r6celversjdp^_^B^eferred_deIlvery.
65%
18%
n New stock.
41%
393/4
Jun
Nov
91
Dec
95
Dec
39
v May
24
63 % Jun
36
Feb
18
29% Nov
101
Feb
10
98
Nov
0
65
Jan
Aug
72
Jan
Mar 12
103
Oct
106
Jan
Nov
62% May
107% July
Jan
9
63
Feb
13
100
35y2 Jan
13
44y2Feb
7
Jan
13
101% Feb
24
Jan
98
31
Jan
6
36%
90% Nov
45%
Jun
107% Jan
15
34
Feb
7
27%
Feb
44
16
29% Feb
8
21% Nov
44
13% Jan
14
17% Feb
1
11% Nov
233/a July
90
Feb
3
81%
Sep
105
34
Feb
13
30
Nov
36
7% Feb
6
88
31
Mar 10
Jan
21
6% Jan
14
5%
Oct
12%
9
6%
11
Nov
263A
15 y4 Jan
30
12%
Sep
21
No par
10
Co
13% Feb
13
97
99
Jan
28
95%
Sep
101
19% Feb
8
pfd
conv
46% Jan
Jan
56
Jan
100
87
Mar
100
95
series
No par
No par
^.5
...
25
1
Oct
213A
Jan
July
May
Jan
Jan
July
July
Feb
Mar
160
Jun
34
56% Mar 12
Feb
52
May
Feb
1
16
68 V2 Feb
13
47
Sep
74
7
94% Feb
13
84%
Sep
100
Apr
May
2
53
v43 %
Sep
62% May
Aug
Mar 10
100
Feb
20
87%
Sep
103
72% Mar 8
63% Jan 21
.12% Jan 16
80
Feb
8
75%
Dec
106
59%
Oct
82%
Apr
13% Dec
25%
Jun
70 Va Mar
.18% Feb
.
33
Oct
Feb
61% Jul j
Jan
3
11
13% Nov
27 Va
Jar
Feb
7
15%
Oct
35%
Jar
16
72% Feb
18
57%
Sep
83% Maj
16
21% Feb
21
15
Nov
31
13 y8 Mar 11
45
16
23
par
62% Jan
par
16% Jan
18% Jan 13
distributed.
6
10
16% Feb
51% Mar 14
17% Jan
lA; •// 9
wd When
2
par
No par
Products Corp
15 Va
May
142
43
No par
Zonite
Special sales,
17
*_»
10
Co
Corp
100
Mar 14
Jan
3
10
Zenith
s
Oct
21%
13
3,400
rCash sale,
26%
13
9 Va Jan
4%%
Radio
13
10
13'A Jan
& Towne
Mfg Co
Corp
Young Spring & Wire
No
Youngstown Sheet & Tube__No
Youngstown Steel Door
No
9,200
Jan
Jan
1
York
19%
55
Jan
32%
23% Jan
No par
20
Yale
13%
*38%
13%
39%
13 %
•
Apr
533%
'
No par
Wyandotte Worsted Co
19%
28% Feb
Jun
1
Wright Aeronautical
Wrigley (Wm) Jr .(Del)
13 V*
13%
20
35% Feb
Jan
56%
l
1,400
14%
20%
100
_20
Corp
2,100
14%
20
65
100
No par
No par
& M (Del)
series
pfd
93
No par
Co
Prior
32%
101
Oct
18
Motors
Pow
Iron
59%
*73
16
preferred
Wilson-Jones Co
59%
•
17y8 Jan
11% Jan
Inc
97
97
27
18
5
87%
58%
*84
14
18
Jan
90% May
13% Jan
Sep
U
Co
Co
35
Jan
5%
42y4 Feb
$4.25
40%
39%
&
13% Mar 14
$ per share
7% Dec
57
87% Feb
preferred.-'
Willys-Overland
3
18% Feb
preferred
Oil
6
2
(The S S)
Sewing Mach
conv
4
77/a Feb
16
preferred
Steel Corp
prior pref
14 Va
10 Vb Jan
75 y2 Jan
13
Jan
No par
25%
13
Mar 11
Jan
Highest
t per share
Jan
Instrument
32%
6
$ per share
79
conv
Wheeling
8% Jan
Lowest
35
preferred
Wheeling & Lake Erie
170
39%
100
t per share
57
Year 1946
Highest
•
com_No par
Westvaco Chlorine Prod
230
13%
88
_1
series B
900
$3.75
Range for Previous
Range Since January 1
Lowest
Par
Brake
200
25 Va
88
'
100
99%
32%
88
116% Apr
;
Co
32%'
14 Ve
*86
111% Sep
A
50
26
88
32% Nov
27
■■■■*
•
99 %
14%
*86
6%
t!
Air
26
.
24
Electric Corp
pfd series A
cum
*31
*32
-
31%
100% J00%
Feb
Jan
No par
26%
14%
*33
£
.
series
Westinghouse
Westinghouse
117% Aug
Oct
STOCK
Pacific RR
3.80%
40%
40
vork
B
99%
Sep
113%
45
Western Union Teleg class AJVo par
Class
106
13
113
10
10,700
14
115% Feb
3
100
19%'
112% Jan
16
Auto 8upply Co
Maryland Ry_
;
non-cum 2nd preferred
Preferred
3
113y4 Mar 14
109% Jan
>
Feb
Western
Western
115
Jan
Western
800
108
14
38
1,000
600
117% Mar 11
121% Jan
115% Mar 13
110
4,400
2,900
1,100
16% Apr
43% July
Aug
89 Va
100
Western Air Lines Inc__
8%
29
;
No par
STOCKS "•
v
9% Mar 14
119% May
53% Jun
EXCHANGE
25%
•
*46
68
100
Pulp & Pap Co
NEW
105 %
32%
pfd
preferred
99%
100
*100%
_100
Power 4%%
Shares
15
31%
25"%
105%
100
6%
6%
100
Corp_
Sugar
58J/4
-
58
6%
*62%
100%
100 %
32%
■
49
32
40%
40
8Ya
5
preferred
160
$ per share
Inc
preferred
42
42
112
*99%
68
*64%
*85%
!
32%
100
29% Sep
47%. Jan
Sep
110%
17
4Sf
34% Feb
Oct
Sep
Sep
Sep
Sep
Sep
19%
105%
- 7
Sep
20%
9%
Tobacco
conv
32%
*31
|
*47
40 y4
*64%
100
105
105
12% Jan
20
31
4
31%
19 %
32 :
18
Feb
85 Va
85
25%
8
26% Feb
41
16
7
13%'
99%
23% Feb
20
4
39%
32 Va
Dec
35% Mar
Feb
85
99%
39
Dec
22
42% Mar
13%
25%
Jan
Jan
25%
Jan
90
39%
25 y4
50
18 y2
16
15%
99%
Oct
Nov
39% Jan 30
25
85 %
*11
17
34'% Jan
.
31
37% Jan
41
40%
Jan
.•
22% Mar 10
1
Sep
16%
27
13
Jan
86V2 Feb
29 Va Jan
*84%
31%
50
*31
68
•
105
*47
*101%
100
100
105
33
33
40%
25%
99%
100
48 %
3334
*64%
40%
32%
25%
26 Va
99%
51
*48
'l100%"100%
,
31%
32%
32%
,
*11
17
*14
21
5
100
7
22
28
No par
*116 *
58
6%
40%
*85
.
58
6%
15
15.
Co
Jan
7
18% Feb
13
22% Jan 16
No par
xll4
t per share
58
57
Jan
Oct
20% Jun
18% July
107% Feb
23% Aug
preferred
I per share
58 %
106 % Mar
15
Oct
Oil & Snowdrift
t per share
6%
13
103 Va Jan
9%
xll% Mar
$4
$ per share
58
13
29%
Wesson
Sales for
6%
19% Feb
;
Nov
Webster
the Week
58 3/4
15
15
Va
380
Friday
*5%
Jan
>11
23
■
2,000
Mar. 14
583/4
Mat 11
3
30%
116 -*
■:?.
7
2,100
Mar. 13
8%
2
13 Va Feb
87
Thursday
9
Mar
Jan
24% Jan
39
Mar. 13
8%
111
107
86%
Wednesday
V..
No par •
5
Wayne Knitting Mills
Wayne Pump Co
Mar. 11
9
Co
Waukesha
Tuesday
8%
Lt
600
Mar 10
9%
Gas
800
Monday
9
105 // Apr
5
800
Mar. 8
9%
.Mario
21 Va Mar 14
Y 25'/a Mar 12
Saturday
8%
Apr
104
Washington
1
,•
Jun
54
500
LOW AND HIGH SALE PRICES
tper share
100
—
Pictures
Bros
23
9%
Feb
23%
Dec
*,31
1,000
21
86
Oct
33 Va
1
common
36
9%
42
*110%
25%
Sep
15%
11
Warren Fdy & Pipe
No par
Warren Petroleum Corp____i:
5
1.300
••
56
25
36% Feb
38%
••
115% 116%
110% 111%
111%
28,100
~
„
36%
21
30%
116
Y 190
■.
Baking Co
5% % preferred
23
87-*-
30%
.
18
17% Jan
Mar 14
.
*35
••'
39%
31
Ward
,*25
r
-
36
86%
*110%
112
■
23 %
86%
3,600
*35
21%
-
9%
9%
40
*110%
'111
42
*35
30%
"114% 114%
42%
21 Va
23%
1
86%
•
117%
115%
*110%
9%
X40
>.
31
116%
*116%
*117
35
5,700
15%;
23%;
15
u.O
75% Feb
16
33
No par
4% preferred-100
Walker (Hiram) G & W
No par
Walworth Co:_
No par:
105%
1
157/a
23%
Co
15%
X153/8
106 >' ,1
*
15%
22%
Walgreen
11%
•11
15%
40%
9%
21 Va
V
11%
24
86%
9%
60
22 Va
-
1,800
104
11%
16
.
*
33%
*103 Va
-
•
22
'
36%
104 '•
11%
22%
24 %
36%
104
22%
35%
213/4
*24
16%
106 Va
•■■
22
11%
16 Va
104
;7.V33
11 Va
22%
11 Va
104-
•
-
preferred
System
"
*34
Mar 14
23% Feb 10
19% Dec
10% Jan 31-
9 % Sep
x-Ex-dividends.
y-Ex-rights.
Jar
42%
Jan
143/4
Apr
1472
THE COMMERCIAL & FINANCIAL
CHRONICLE
■
'J .A»
Transactions at the New York Stock Exchange
Transactions at the New York Curb
Exchange
| Daily, Weekly and Yearly
Daily, Weekly and Yearly
Railroad
Stookt,
Share*
Total
Government
Bond
(Number
Bond*
Bond*
Sale*
of
Bond*
740,650
$1,712,000
833,820
1,193,650
Saturday.
Monday
Tuesday
WednesdayThursday
Friday
United State*
Foreign
and Miscel.
Number of
Week Ended March 14,1947
2,521,000
3,492,200
176,500
Week Ended March
$1 864,000
2,670,000
3,668,700
3,097,000 V
2,838,000
232,000
649,530
818,440
3,088,000
332,000
5,181,170
Total.
Stock*
$152,000
149,000
945,080
Monday, March 17, 1947
$16,748,200
$1,268,500
Saturday™;
Monday
Tuesday
Wednesday..
Thursday
Friday
3,329,000
227,000
$2,500
3,067,500
3,420,000
$2,500
14,1947
Week Ended March 14
4
218,360
265,005
305,405
Foreign
V $233,500
$125,000
2,926,600
15,940,700
3,000
10,000
v "
79,000
1,446,255
2,000
,
$1,260,000 1
245,000
:
266,000
3.000
1
291,000
6,000-
$157,000
267,000
$25,000
$1,442,000
$18,019,200
$23,961,200
$242,733,000
$369,634,700
are
Jan. 1 to MArch 14
1946
1,446,255
Domestic..
1947
2,344,695
k
•»
1946
20,489,556
46.325,550
$1,260,000
$1,604,000
$11,309,000
157,000
$22,004,000
697,000
1,429,000
3,810,000
25,000
13,000
131,000
132,000
$1,442,000
$2,314,000
$12,869,000
$25,946,000
Foreign governmentForeign corporate—
Stock and Bond
Averages
the
dally closing averages of representative stocks and bonds
the New York Stock Exchange as
compiled by Dow, Jones & Co.
on
"'a
'•
-Bonds—
'
■
10
30
v
•
.
'
'
•
'
;
:
*
"
March
Rail¬
trials
roads
8
March
10
First
Second
65
_
_
175.84
_
,f, Utillties
.
_
49.32
36.10
Indus¬
Grade
Stocks
trials
63.53
'
•
10
Total
15
"
'
Date—
■
20
Indus¬
'
:
265,000
Bond*
346,359,900
Below
.
12,000
182,000
1947
21,046,700
226,558,800
listed
$108,000
.
,30,000
244,715
$2,228,100
20,909,600
*
Total
$3,000
23,000
,
254,000
Total.
•
Corvorate
Week Ended March 14
1,268,500
Total——.....
'
t
249,000
'•>. 97,540,435
57,377,270
16,748,200
Railroad & Industrial-
:■
Foreign
»
$2,000
198,710
194b
1947
5,834,713
$2,500
242,000
230,000
'K
*214,060
■
Stocks—No. of shares-
8. Government
$103,000 ;
$18,019,200
Bond*
U
Foreign
Government
Dome* tin
Jan. 1 to March 14
1946
1947
5,181,170
Bonds (Par Value)
Share*)
TotaL
Stocks—No. of sharML
;
10._..
Ralls V
104.52
10
Grade
111.67
Total
Utili¬
Rails
48.90
36.04
63.24
104.51
111.64
93.09
'
11
107.341
173.83
48.41
35.74
'62.71
104.54
111.42
93.09
J
107.32
12.
174.68
48.88
36.10
63.13
104.58
111.49
93.24
107.36
174.35
48 82
36.02
63.02
104.60
111.48
93.34
107.39
104.20
172.58
47.17
35.84
62.38
104.64
111.47
93.05
107.35
104.13
.
March
March
i
13_
14
1
___
;
104.17
m
New York Stock
«»
FRIDAY
fh.
cne
weet,
and
The
■
WEEKLY
Exchange
YEARLY
-
K
t *nd interest —except for income and defaulted bonds. Cash and deferred delivery sales are disregarded In the week's
when outside of the
range, nnless they are the only transact!ens af
regular weekly range are shown In a footnote in the week In
which they occur.
No account is taken of such sales In
italic letters In the column headed
computing the range for the year.
"Interest Period" Indicate In each case the month
when the bonds mature.
■•
.
■
K
v''-1
.
Figures after decimal peiat represent
../.
eae
er
more
82d
of
point. J
a
'fK;:
'
Ix !•
LOW AND HIGH SALE PRICES
Saturday
Monday
Mar. 8
Low'
.
*102.4
'"yv'"
■
.,
Tuesday
Mar, 11
.
Mar 10
High
Lew
102.6
High.
*102.2
:;;^Low
102.4
*106.1
106.3
*106
-108.16
108.18
*102.2
*108.15 108.17
Wednesday
Thursday
Mar. 12
Low
High
102.4
106.3
*102.2
Friday
Mar. 13
High
102.4
Low
*102.2
Sales for
Mar. 14
High
102.4
Low
..
*102.1
GOVERNMENT BONDS
the Week
High
NEW
Bonds($)
102.3
YORK
•112;7
112.9
*112.8
*102
102.2
*101.31
112.10
*112.9
102.1
112.11
*101.31 102.1
*107.2
*101.31
107.4
102.1
*107.1
*101.31.
107.3
*107.3
102.1
107,5
*107.3
107.5
*107.3
107.5
*112.27
•107.4
112.29
*112.26 112.28
107.6
*112.27
112.29
*112.28
112.30
Treasury 23/<s
*112.26
' *112.7
112.28
106.2
*106.1
*108.15
112.9
*112.8
♦112.26 112.28
*106.1
108.17
106.3
*108.16
112.10
108.18
*106.1
*118.16
*113.25
113.27
*114.25
114.27
*113.26 113.28
•114.25 114.27
*102.18
102.20
*102.18 102.20
*104.9
114.29
*102.17.102.19
*102.18
102.20
104.11
•104.9
*102.18
*104.9
*104.9
104.11
*104.9
*105.9
104.11
105.11
*105.9
105.11
*105.10
*105.7
105.9
*105.8
105.10
*105.10 105.12
*105 9
104.11
105.11
*113.26
,
113.28
*113.26 113.28
*114.27
*114.26
114.28
*113.28
*114.28
.
*105.6.
105.8
*107.7
♦
106.3
*106.1
106.3
108.18
*108.16
108.18
113.30
.*112.9
112.11
*101.31
102.1
*113.28
'
113.30
114.30
*114.28
*102.18
Treasury
Treasury
Treasury
Treasury
114.30
102.20
102.20
; 104.11
105.12
•
.
ij,
107.10
*107.8
107.10
105.12
*107.9
107.11
*105.12
105.14
*107.10
107.12
*105.12
105.14
105
*105.12
105.14
*104.31
105.1
*105.13
*104.31
105.15
105.1
*105
105.2
*105.1
105.3
104.17
*104.14
104.16
*104.15
104.14
*104.12
104.14
*104.13
*1C4,10 104.12
*104.10
104.12
*104.12
104.14
*104.12
*103.4 1 103.6
*105.27 105.29
*103.5
103.7
*103.6
103.8
*103.5
*105.28
105.30
*105.28
105.30
*105.29
305.31
*103.5
103.7
*103.5
103.7
al03.9
*105.18
*103.3
103.5
*105.17
105.19
*104.2
104.4
*107.18 107.20
*105.12 105.14
*102.17 102.19
*102.17 102.19
*100.30
101
*103.5
103.7
104.21
*104.20
104.22
104.15
*104.16 104.18
*104.17
104.19
104.15
*104.18
*104.13
104.20
*103.9
104.6
*104.4
104.6
*104.6
104.8
*107.18
*104.5
107.20
*107.18
*107.18
107 20
*107.19
105.17
107.21
*105.15
105.17
102.20
*102-18
102:20
*102.18
*102.18 102.20
102.20
*102.20
102.22
*102.18
*102.20
102.20
*102.18
102.20
*102.20
102.22
*102.20
*100.30
101
2,500
104.7
107.20
*105.15
*102.18
*100.30 101
.
102.4
*102.1
102.3
102.8
102.3
•102.6
102.13
•102.11 102.13
*102.13 102.15
*102.18
102.20
*102.18 102.20
*102.26
102.28
*102.27
102.29
*102.1
102.3
*101.3
:
;
101.5
102.3
102.5
*102.1
102.3
105.20
*10515 105.17
*100.31
*1013
*102.3
*102.2
101.1
21
108.21 Feb
4
4
110.3
112.6
Feb
3
112.6
Feb
3
Jan
Feb
4
102.6
Feb'
4
112.21 Aug
102.11 Dec
115.26
102.6
102.12
Dec
Dec
109.22
Feb
1028.21 Feb
107.5
-1956-1959
113.12 Aug
115.23 Apr
113.3
113.3
.
1958-1963
.
—1960-1965
*105.18
*105.15
*100.31
101.5
*101.3
102.5
*102.3
105.20
1949-1953
104.12 Feb
21
104.12 Feb
21
105.29 Aug
107.5
J$n
108.4
Jun
105.22
.
.1963-1968
-June 1964-1969
.
-Dec. 1964-1969
104.23 Feb
104.4
104.23 Feb
14
2
104.15
Jan
29
103
Jan
107.9
104.4
Jan
13
102.22
Jan
107.19 Apr
104.2
104.7
June 1967-1972
103.1
Dec. 1967-1972
Jan
30
104.2
Jan
30
102.11
Jan
104.7
Jan
29
102.11
Jan
107.10 Apr
6
101.16
Jan
106.15
Apr
106.28 Apr.
109.15
Feb
10145 Jan
106.15 A tig
10648'Apr
108.17 Aug
108.17
29
103.8
Mar
102.24 Jan
6
103.6
Mar
6
1954-1956
Treasury 2Vis
June 1959-1962
102.22
Treasury 2 Yes
1956-1959
101.1
Treasury 2s
Dec. 1959-1962
Treasury
2s
2s
102.5
Jan
.
lOXXJan
6
0
102.4
*102.2
102.4
*102.7
102.9
*102.7
Treasury 2s
102.9
*102.7
*102.11
102.9
102.13
*102.12
Treasury 2s
102.14
•102.12
1C2.14
Treasury
2s
Jan
104.,7i« Apr
Apr
102
Dec
102.8".' Dec
d
t-±: \
Dec. 1949-1951
2>
March 1950-1952
*102.13
102.15
*102.28
102.30
*102.14
102.16
*102.14
102.16
Treasury
*102.19 102.21*
*102.29 102.31
*102.19
102.21
*102.28
102.30
—.
-June 1949-1951
Treasury 2s
Treasury 2s
Sept. 1950-1952
*103.2
103.4
*103.3
103.5
*103.3
103.5
*103
103.2
Treasury 2s
•103.1
103.9
♦103.1
103.3
Treasury 2s
June 1952-1954
103.6
105.19
*103.4
103.6
*105.18
105.20
101.2''
*101
101.2
*103.3
103.5
105.19
*105.17
105.19
*105.17
105.19
*105.17
101.2
*100.31
101.1
*101
101.2
*101
*101.4
sales
101.6
transacted
*103,3 <103.5
*101.4
this
105.19
'101.2
"101.6
day.
a
Odd
*103.4
•105.17
'*101
*101.5
lwt
101.7
transaction
*101.5
r
101.7
Registered
Treasury
;
H
_
_
Treasury IVis
»
bond
2s
Treasury 2s
103.?
Jan
10X22 Feb
102.16 Oct
104,3'Mar
i
Jan
102.22 Feb
4
4
102.20
Dec. 1952-1954
Oct
104.14
Jan
103.13 May
103.2
103.1
Jan~24
103.2
Jan
103.4
21
Jan
24
103.13 May
102.14.
104.26 Feb
Nov.
Jan 24
102.22 Nov
Jan 29
101.14
Jan
101.3
;
104.29 Feb
1953-1955
1948
101.2
101 4
transaction.
Jan
-—
102.22 Feb
1951-1955
103.3
*105.17
—
103.7
—
1951-1953
103.4
*101
'Apr
1 *
Sept. 1949-1951
103.2
104.161 Apr
101.4
i,.U;
•103.2
No
Sep
Jan
102.8
Feb~~7
104.22
102
105.17
7
Dec. 1948-1950
102.8
• 102.19 302.21
Aug
iAug
107.141 Apr
—March 1948-1950
Treasury
*103
price.
106.15
100.29
105.17 Feb
1947
101.5
102.5*
102.13
102.18 102.20
*102.28 102.30
Apr
t:<V
—
103.3
asked
107.9
1952-1955
102.15
*
Apr
29
Jan
Jan
-1951-1953
102.22
NOV
0
Sept. 1967-1972
Treasury 2YaS
Treasury 2 Yes
104.7
107;27 Apr
107.4
Apr
Jan
1965-1970
-
14
Jun
May5
103.29 Jan
.1966-1971
.
.
103.2
101.5
'Apr
107.15 Jan
108.4
*103.1
*101.3
Apr
1956-1958
*103
103.5
106
-
106.16 May
1962-1967
*102.11
t
*103.3
106
.
*102.13
*102.6
Nov
118.23 Feb
.
.
Treasury 2 Vis
Treasury 2Y<s
Treasury 2Y»s
105.17
Nov
118.15 Mar
.1948
.
2%s
2Mis
2Vis
2Mis
2Vis
11T18 Feb
-1951-1964
2^8
2,/2s
2Vfes
Jun
.
2%s
2Yas
Highest
104.27 May
.
23/4S
2%s
<
July
-1948-1951
Treasury 2Vfca.
,103.11 r
*104.4
*102.11
and
al03.9
105.15
*102.6
•Bid
106.2
107.20
*102.13 102.15
101.4
103.11
*106 '
104.6
102.5
*101.2
104.16
*103.9
106.3 '
*107.18
101.5
103.4
*104.14
103.10
4106.1
*104.4
*101.3
*103.2
104.15
*103.8
*105.13
*102.3
-•
*104.13
103.7
105.20
•102,2
103.4
103.1
104.14
•
Treasury
Treasury
Treasury
Treasury
•
104. JT
*105.18
*101.2:101.4
,
*104.35
105.19
102.5
'•
104.16
*105.17
101.5
*103.2
*104.14
105.19
*101.3
*102.31
■
*105.17
*100.30 101
102.3
v.
*104.19
*102.3
*102.1
*105.9
*104.18 304.20
104.15
Feb
1952-1954
*104.30
*104.12
106.6
104.14
.-1955-1960
Treasury
Treasury
Treasury
Treasury
Treasury
*105.10
*104.15
21
6
.
2%s
2%s
105.11
105
*104.18 104.20
Feb
102.22 Jan
1950-1952
105.13
104.19
1951-1955
4
Lowest
.
2%s
2MsS
106.6
treasury 2%e,
*104.30
*104.17
1949-1952
Year 1946
Highest
102.13 Feb
105.12
*105.11
*104.17 104.19
1947-1M9
104.11
*107.8
105.11
4Y«s
3Y«s
3s
*104.9
107.9
*105.9
Range for Previous
Range Since January 1
Lowest
♦105.10
-•
*105.7 ,105.9
*107.7
107.9
.
'
STOCK
EXCHANGE
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
-
i
•■{
104.14
104.09
•
>'
Bond Record
'
104.18
175.18
March
March
'
-
.
Bonds
107.34
93.21
./
40
ties
Jan" 29'? loT.2
Jan
6
•
101.4
6
May
Sep
101.31 Mar;
102.17 Mar
.-rrw
1473
COMMERCIAL & FINANCIAL CHRONICLE
THE
165'- Number 4577
Volume
NEW YORK BOND RECORD
WEEK ENDING MARCH 14
RANGE FOR
•s.-v
,
Week's Range
Friday
Interest
Exchange
Stock
Last
reriod
BONDS
i
York
New
Sale Price
New
January 1
Sold
Bid & Asked
Week's Range
//Y/
Interest
Last.'
Exchange
Period
Sale Price
'
BONDS
Range Since
Bonds
Friday's
or
Friday
'
York
btock
Range Since
January 1
Bonds
Friday's
or
Bid & Asked
Sold
:
'
Low
New York
3S
r///- /./
(City)
High
Low
No.
High
Copenhagen
City
25-year
Transit Unification Issue—
.1980
Corporate Stock
/-D
niy2
112V4
114%
110%
58
n2
gold
ACosta Rica
;-Y /,
■
Low
■
/
iom
(Rep of)
M-N
1951
M-N
1914___-__1949
1949
M-ti
7s
CuDa
(Republic of) 5s Ol
External loan 4%s
.YvY
J-D
1953
4VaS
F-A
4%s external debt
1977
1953
94
A Czechoslovakia
114
—
'YY
96%
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104 Va
104%
112Va
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10
114
107 %
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112 Va
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l
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115%
....
__
115 % 115%
—
97 Va.
91 Va
18
■■
114
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(Rep of) 8s ser A.1951
j
104% 104'A
r
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♦108
■
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,
2
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.
18%
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No
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95
High
■
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Stamped assented (int reduced
to
Foreign Securities
Members
Telephone
120
New York
Broadway,
Stock
T eletype >■;
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sink fund 6s
1948
(King of Norway) 4s
lAAntiqula (Dept) coll 7s A
A-O
1968
MS
1945
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J-J
s
f 7s series B
1945
J-J
27%
s
f 7s series C
1945
J-J
*26%
lAExternal
s
f 7s series D
1945
J-J
27%
1957
A-O
f 7s
s
sec
A External
A
28%
*26%
lAExternal
AExterial
sec
1st series
f 7s 2d series
s
1957
extl
s
extl
•
s
Australia (Commonw'lth) 5s of '25-1955
External 5s of 1927
1957
22
*21
J-D
25
J-J
109
109%
103 %
100
J-D
1949
MS
AOs
External
s
f
6s
External
s
f
7s
fABrazll
1955
108%
26
103 Vs
100
*105
J-J
Btamped pursuant to Plan A
(Int reduced to 3.5%)
A External s f 614 s of
98%
1926
111
*106% 109 %
114%
109
112
70
70
1
61 %
70
60
60
5
51%
60
112%
2
3%s
Series
No.
No.
5
63%
73%
60%
*70%
62%
51
*59%
64
68
54
—
63
62%
65%
70
68
85
85
83%
3%s
Series
No.
9
3%»
Series
No.
10
*76
82
3%s
Series
No.
11
*59
61
3%s
Series
No.
12
*59
70
3%s
Series
No.
13
*59
3%s
Series
No.
14
60
No.
15
*59
63
No.
16
*59
60%
Series
No.
17
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„*59
63
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21
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23
jr-8
1965
1963
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F-A,
105%
1970
J-D
105
sink fund 4%s
.1955
A-O
62
-.61.
58
61
29—
*59
3%
s
of)
8s
(Rep) External s
A7b assented
f. /
f
7s
sinking
1961
108%
J-J
109 Va
109 Va 109 Va >
80
16
24
23%'23%
4
23
24%
2
24
23%
24
8
23%
"f 24%
<'
M-N
A-O
Jan 1961
*22%
23%
>22%
23%
__"i'
23%
A6s assented
;
AExternal sinking fund 6s
1962
-1963
A-O
;- AOs assented
AGCdle Mortgage Bank 6%s
—1957
__1957
J-D
1961
J-D
1961
J-D
23
,
25'/a
1
23%
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26
23%
25%
24'
Y
•
39%
A-O
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337/s
32%
33
37
39 Va
30%
35
Jl
t
23
.
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•'££
'■
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•-4
1961
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•
assented
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i*
A-O
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A-O
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r
s t
sink fund 6s—-
1962
;
*30%
1946
A-O
40%
40%
38
40%
33%
337/s
32
33%
1999
1968
2012
1966
J-D
23%
24%
23.%.
22%
'•;*.
23%
,
~8
M-N
.1962
1960
M-3
1960
MS
*21%
1951
J-D
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a Chilean Cons Munlo 7s.
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of)—
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-
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Jan 1961
—1970
1947
fund 7s of 1926
1946
1947
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A-O
r
25
30
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39
'
38
37
33
31
32
*37
J-D
38
*31
M-N
—
38%
39/
>31
2004
trv
37
Financial Institutions
22%
24%
FIRM TRADING
•,
16%
MARKETS
-
21
23% 7
16%
>CABL MARES & HO. INC.
23
14%
Yr
'90
J-J
A-O
A-O
9a:-.;90^
>60%
'
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V-
• ■
90
...60
61 /;
52%
For footnotes see page 1477
\
•
Y
52%
M-N
P-A
'
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>■6
'
1
FOREIGN SECURITIES
•
I.
50 Broad Si., New
86%
f90 f
86%
;9o 4 ^
62%'f
65 /vV 68% /
'1
52%'' 52% '52%
*52% —
"
37%
36
"
SPECIALISTS
p/"
'
—-Oct 1961
3s external: s f $ bonds
A Colombia Mtge Bank 6%s__
.
36
—
■25
24
20%
;
25
23 %
22 Va
•
;
5
•
25
-■■;H%;;23%":
H
*30%
"
2004
1967
r
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VrDv
36
FOREIGN; SECURITIES
24%
22"
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r
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38
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26
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3
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36
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-
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38
*32%
2013
Stamped pursuant, to Plan A
(Int reduced to 2.25%)
' "
1
21
38
1953
(State of)—
extl loan of 1921
municipal loan
33
19
25%
25%
24%'.
A-O
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assented
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,
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9
...
1
■
2001
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(Int reduced to 2.25%)..
25%
•
25 %
__
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assented
c
21
29%
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A
'
24%
26 *
23
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23%
1963
82
..
24%
24%
M-N
J-J
Jan 1961
110%
109
11
82
J-J
19%
__
A-O
Rio Grande do Sul
109%
.■
J-J
A
8
1
•
2006
A
Stamped pursuant to Plan
'Int reduced to 2%)
96
19
38
J-D
18%
28
19
19
i'~2
Y
19
1946
Janeiro (City of) 8s
Stamped pursuant to Plan
(Int reduced to 2%)
A 7s external loan of 1926—
108% 108%
108%
F-A
■
J-J
A
A-O
v
19
1966
Stamped pursuant to Plan
(Int reduced to 2.375%)
AExternal sec 6%s
v
101%
92%
-
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A-O
,
„
,
2001
Stamped pursuant to Plan
(Int reduced to 2.5%)
A 6s external sink fund gold
99%
7
99% 100
"96
*22%
A9%s
1963
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99%
30
•96
96
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29%
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A Sinking
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102%
102%
loovs
M-S
•
21%
100%
m-s
■*v
*20
100%
sinking fund 6s
-Sep 1961
A6si assented——
—Sep 1961
AExternal sinking fund 6s I .
1962
ft
*27
A-O
99
F-A
A6s; iassented
Y/
A-O
99%
A-O
ARy external s f 6s
y
1940
1958
1947
1968
1950
2
AKxtl
t.
18
A-O
25
Feb 1961
A 8s assented
:
A-O
21
i—:—1960
fund
21%
1961
99%" 100%
6s—Feb 1961
AOs assented —!
ASxtl
22
15
99% 100
1960
—1961
—1954
1942
1942
—I860
AExternal sinking fund 6s
/ :
10%
100 V8 100 Vs
1984
4s
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U
30
100%
M- N
36
44
100 Va
J-J
"•
19%
F-A
1976
32
19 Vs
*98
100
;
17%
Stamped pursuant to Plan A
f
(Int reduced to 2.25%)
101%
1017/s
—
YY-/
17%
M-S
1975
f $ bonds
3%s
(City)
25-year
__
40
*36
,■
17%
1976
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(Dominion
Carlsbad
,
101%
15
102% 102%
997/e
105%
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18
62
99%
99%
3
99%
J-D
59%
7
99%
100%
100%
*100
MS
external 7s
1977
4Vs-4%s
f 4%-4%s—
f
external
Canada
A
s
61
(Province of)—
f
104
1960
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(Int reduced to 2.375%)
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61
■
62
—
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A
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57%
69
7s
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3
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v
62
57%
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i
62
57
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s
101%
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2008
1959
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s
1
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60
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105
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(Int reduced to 2.125%)
56%.
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»
28
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2
36
62
27
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.
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62
58%
1961
105%
14
:
1947
58
57 Va
64
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Aires
33
106
20
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105
47 Vs
60
AOs stamped
.
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57...,V
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40%
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57%
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57
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39
33
1
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105
105%
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...1956
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64
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—
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33
33
2008
1967
60
1958
1950
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ref 3%s series B
60
1957
'
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M-a
fund extl loan—1
Panama
*59
(City) s f 5s
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36
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8
-
60
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60
MS
40 Va
33 Va
—
61
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59%
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vm
J-D
g
60
No.
39
J-J
1958
6%s
u-n
63
Series
No.
f
14
*12%
J-J
(State)—
s
,
10
13%
—
—
1994
57%
No.
Series
3%g
Series
11%
9
—
J-J
1963
57 Vs
-
3%s
3%s Series
J-J
(Republic)—
assented 5s
mod 3%s ext to
*
3%s
*9
15%
11%
*
17%
15%
9%
A Stamped
57
3
Series
24
17%:
.
16 '
Stamp
57
60
Series
26
T
61
57
63%
3%s
25—
~97/s
"9%
*9%
J-J
57 Vs
3%s
No.
M-N
57 Vs
82%
-
3%»
No.
5, 1942,
Btamped pursuant to Plan A
(Int reduced to 2.125%)
•
No.
Nov
external
Oslo (City)
83% "83%
83%
83%
*78
22
13
Vs
83%
*76
.
—
68%
80
7
8
Series
to
Geraes
4s sink
63 V»
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6
No.
No.
Series
30%
Norway (Kingdom of) 4%s
External sink fund 4%s
60 Va h 65%
5
*76
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Series
3%s
12
30
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J-D
Municipal Bank extl s f 5s
64
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,
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3%e Series
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12
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1
62 Va
62 Va
3%s
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10
29
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Stamped pursuant to Plan A
(Int reduced to 2.125%)—2008
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1959
56
60%
10
62%
63
No.
105
J-D
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57
52
*57
62%
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100
105
<
62%
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102
96
1954
agree_1968
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l%s
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101
1
1945
agree_1963
lATreasury 6s of 1913 assent
1933
AAss'td to Nov 5, 1942, agree_1963
63
64
9
~
__
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19
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72
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i
102
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;
102
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(Plan B)~
5
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,
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3
16%
15%
12 Va
104
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2
3%s Series
19
15%
194b
63
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i
16%
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1943
73%
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105
—
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ly*2,
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52%
1
No.
Nov
62
1
1931 due—1951
bonds of 1944
Series
to
16
1979
103
/
7s—1957
1954
(US) extl 5s of 1899 £
62
J-D
*100%
.1960
71%
1978
48
1968
61%
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53 %
45
1964
71%
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50
v
J-D
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1945
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3%»
M-S
19
v.;
..
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1952
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1949
61
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1949
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1979
61
G1
35
1957
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External $
*22
(State Mtge Bk)
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bonds of
—
1967
7s
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.y■
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8tamped pursuant to Plan A
funding
48
1979
71%
101 Va
53%
46
(Colombia) 6%s
A Mexico
8tamped pursuant to Plan A
6%
51
48
1957
(Int reduced to 3.375%)
A External s f 6%s of 1927
101
—
61
53
J-J
Mexican Irrigation—
A4%s assented
107%
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A7s
61
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part paid
A Jugoslavia
105%
167 Va
106% "
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lo
3
J-J
Irish Free State extl s f 5s
100
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1978
101%
102
99%
101%
101
101%
Jan 1, 1976
s f 6s series A...1952
Helslngfors (City) ext 6%s
1960
104%
23
127
...;
,,101%
*101
—
109%
1941
external 8s
-101
101
101%
1
101
Jan 1, 1976
—
i.
Haiti (Republic)
101%
1955
(U S of)
$
part paid
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101
«
—
Greek Government—
22
18%
99
100 %
99%
99%
M-S
_«
*101%
22%
19%
—
36
103 Vs 103%
100%
1966
22%
19
109%-
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-1956
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—
MS
314s
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28%
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——
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99%
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25
22
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22
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57
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—
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s
(Republic.of)
i
1
35
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1
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*21
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1957
_1958
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s
Antwerp (City) external 5s
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101%
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97% 1017/s
ioiy8 102
97%
49
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l
99% 100 V*
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French Republic
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103%
1
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1969
:
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105%
98
1969
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81
81
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98
series
3s
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J-J
series
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1947
CO o
2d
4s
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1st
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■115% 115%
90
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-
Foreign Govt. * Municipal'
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115%
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—
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v
NY 1-1693
York
<
A GUI
1960
to
20-year extl 6s
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External gold 5%s
1955
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1962
lApominlcan Rep Cust Ad 5%s—1942
1 a 1st series 5%s of 1926
1940
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1940
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Exchange
New
extended
1A Denmark
Wertheim & Co.
REctor 2-2300
6%
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Telephone HAnover 2-0050 ^-
York 4, N.
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:
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1474
»i
.an
THE COMMERCIAL & FINANCIAL
CHRONICLE
I———
Monday, March 17, 1947!
NEW YORK BOND RECORD
RANGE
Friday
BONDS
New
York
Stock
Interest
Exchange
(City) 8s
1952
Stamped pursuant to Plan A
(Int reduced to 2.375%)
A6%s extl secured
or
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2012
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reduced to
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65
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—
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—
—
57
5
1968
J-J
60
60
4
2012
extl
53
1940
60
54
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83%
55
86%
9
50
55
2
85
87%
v
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1962
7s
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76 Vi
76
76%
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8%
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•
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1958
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1958
External sink fund 6s
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18
65%
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77
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21
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1960
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1979
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21
16
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6
100
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26
•
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'
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1978
4-4Vi-4Vis extl readjustment
3Vis extl readjustment
1978
-—1984
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assented
99%
99%
100
96
10
99
99
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1958
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2
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1958
92
98
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ia
100
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~4
18
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16%
99% '*>
•
90
18--
7
14
"
General 4s
1st
&
&
RAILROAD
1948
Coll trust 4s of
1907
1947
Alabama Great Southern
3y4S
1967
Alabama Power 1st
mtge 3%s
1972
Albany & Susquehanna RR
4%s_1975
Alleghany Ac West 1st gtd 4s
1998
Allls-Chalmers Mfg 2s debs
1956
Am &
Foreign Pow deb 5s
2030
American Telephone As
Telegraph Co.—
3s conv
debentures
1956
2%s debentures
1980
,
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debentures
i
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lft7ff
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124% 125%
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97%
20
100% 100%
101
101 y2
100%
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91
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75
101
114
97% 98
113% 1151/a
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104
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105%
J-D
1962
ipgg
Chic
'
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42
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105% 105%
103 %
4%s
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77
104
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.
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4s
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Lino Ry—
1st
mortgage 3%s
1963
Atlantic Coast 1st cons 4s
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.
•
debs
95
95
130%
97%
39
95 ya
129
131%
119%
ft
y,
M-N
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106
J-D
108%
37
26
J-J
••
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105%
109 y2
13
38%
24
35%
28%
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6
102%
to
'
Oct 1 1946) due
—July 1948
Ref & gen ser A
(Int at l% to
Deo 1 1946V due—.
Ref Ac gen ser C
(Int at 1%%
to Dec 1
1946) due
Chicago Terre Haute
1st
103 y4
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(Int at 1%
Sep 1 1946)
to
modified
(Interest
May 1, 1947) due.
Cedar Rap Ac Nor—
tBurllngton
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<
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Bush
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62
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82
1961
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102%
*—'
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:
63
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63
" " 64
96%
36
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56 y4
;
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20
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:
__
——
64
X64
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.
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———.—..1858
Bush Term
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95%
:
•
V
96
'•
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32
II
101 %
9
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127
127
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40%
94
105
1955
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►106%
110
J-J
ii9y4119%
112%
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4y2s
:_1956
A-O
4%s
1951
F-A
For footnotes
see
page 1477
124
37
46
"
F-A
114
112 »/a
.
114%
114%
114
114
3
112%
F-A
103
103 y4
6
102
F-A
98
98%
15
98
33%
36
91
85
85%
12
104
100 y4
,
i;:.
J-J
33%
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85
'
M-N
84%
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J-J
1994
J-J
45
56%
13
57
65
122
64%
43
77%
;
34
44
97%
Apr
2044
97%
80
85
45%
97%
99
26
105% 105%
82%
83%
38
7
105 '/a
105%
86
82%
88
57
59 y4
117
56%
64%
77%
78%
125
'
1989
*
14
54
63 %
43
88%
140
84%
X45
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42%
84%
138
84%
45
J-J
1956
33%
*133
*KJ-J
j.j
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__
77%
83%
100%
—
101%
66
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68
73%
74
75 VB
105
72 3/a
78%
78%
49 y2
323
44
53%
53%
76
48%
57%
22 Va
199
20%
27%
104
22
59
68
80%
■
__
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49%
48%
—1952
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52
52
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21
" IQfift
•
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20%
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& S'eastern Ry
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1
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90
*81
L. -1963
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-1963
J-J
G
conv
*106%
G
1
107 %
34%
.1991
.1990
J-J
s
112%
76
Q3
108%
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.1950
3%s
Crucible Steel
3
94 %
'
75%
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80 3/4
92
8
7
•—
95
108 3/a
109%
106% 106%
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105%
106
-106%
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1961
58%
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«
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108%
:'s F-A
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100%
102 y8
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103%
deb 48-^—1954
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3B%
55%
63%
109%
110V2
108%
109%
-
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••
6
—
106
20
100% 100%
102% 102%
15
100%- 102
102
103
8
103%
104%:
20
35%
36%
41%,
17
104%
106 yr;
103
104
103%
*63%
52
JS
*86
43%
43%
4
66%
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52
88
44%'
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45
17
%(
43
37%
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104% 105
101% 101%
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108
103 VB
30»
103% 104
36% 36%
*103
105%
102%
41%
M-N
deposit rets——1946
2
:
106 >/2
.
105
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—1946
16
1
103 %
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106%
105%
J-J
M-S
:
107%
105%
103%
106
A-O
3y«s——1966
106
*102% 103%
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27/«s„1975
109
16,
*103%-—-;
*108
J-J
.
32
*114%
F-A
;>
m"m
108%
107
13
58%
106
106%
iioy4iio%
_V"
A-O
1970
4
105% 1057/a
106
M-S
•-
m,rn
j
.1973
Ry. 1st 5%s..—1942
receipts.;—
»'i—«•■»/
ACuba RR 1st 5s gold
1953
;:
a Deposit
receipts—
A 6s ser B
75%
93
108% 109 V'4
.1977
4 a Cuba Northern
ser
823/4
108 Va
—-—.^955
1st mtge
98%
76
107
Continental Baking 3s debs——1965
96%
97
108'/a
-—.1950
mtge
3
91
A-O
4s-.-.--.-—
1st
97%
*104
rr—-^-1958
4s—...
Power
88
77%
A-O
debentures.^
A Debenture
99
82
6
.1972
debentures——
Consumers
105
99
.1961
4sL—_.~.1955
f 3%s A
Ry non-conv
112%
1023/4
F-A
3%s
106
~5
105
115
~
-75%
J-J
.1948
—
•A Debenture
104%
—
3%s gtd
El
34%
76%
71
88
*105
76
M-N
.1970
Ohio
71
98
97%
J-D
3%s debentureSi«^--^_--*--I1948
103"
1
34%
34
72
87%
J-J
4s„—.
1st extl
34
59
*113y8
J-D
1993
.1993
.1977
1.
.
\
Consolidated Cigar Corp 3%s
1965
Consolidated Edison of New York—
s
.
;
42%,
101% 101%-;
61
*62y» ;
48%
52'/4 1
85%
86'/a
42%
7
43%
5
43%
44%
*
45%J
,45
;
:
112%
D
f
113%
H37/a
114V2
119
119
1173/4
31
108%
17
104 y4104%
J-D
Conn Ry A: L 1st ft ref 4 %s——1951
39
113
,
105
72
F-A
1st .' doll tr gold 4s.i.
Elec Ilium?3s—
Columbus Ac Sou
72
120%
2:
103
106%
105%
104% 105
Commonwealth Edison Co—, /;
,.
•
1st mtge 3s serien L—-----1977
107V4
_3
8
*-l
—
1st
85
106%
16
F-A
Div
93%
106
,
105
J-D
M
80
-
'108%
-1974
Ac
90
100
107
107%
34%
34%
108
,
34%
M-N
i.1969
--
105
A-O
4s—. -1952
Columbus & Tol
44
G
—
83
1st mtge 2%S—. -1975
ser
99
90
J-J
66
104%
3
•
91%
107^8
99
-1994
—.
102%
—
—
,
Colorado As Southern Ry— v ::
„.V
4%s (stamped modified)
—1980
Columbia Gas & Elec 3%s debs—1971
Columbus As H V 1st extl gold 4s—1948
.
103
100
119
4
118%
1111/4 111%
24
-
99%
16
112% 112%
*118
111%
114
128 Vb
124:
318
114
57%
Cleve Short Line 1st gtd 4y2S_—
Cleve Union Term gtd 5y2s
1st s f 5s series B gtd
1st s f 4%s series C
129
17
i:
113% 1141/a
1191/8 119 %
J-D
Guaranteed gold
1113/4
42
107%
126'/a
"V
——
40
J-J
Apr
Cincinnati Union Terminal— i '
1st mtge gtd 3%s series E—
Series D
104% 105%
106% 106%
.
110
119%
Guaranteed
gold
;
A-O
1
-
.
—
J-J
142%
105%
■
*105
3
104 Vo
105'/a 107
A-O
A7%s
J-D
51%
103%
140%
-v
10
A Deposit
California Elec Power 1st 3s
—1976
Calif Oregon Power
3%s
1974
Canada Southern cons
gtd 5s A
1902
Canadian National
gold 4yas
1957
Guaranteed gold 5s
-Oct 1969
Guaranteed gold
5s_x
1970
Guaranteed gold 4%s
45
^
14
34%
fAConsol
64
3
105% 105%
1
107 Va
A-O
'
46
35
'
—
1952
105%
107
106%
3%s
48
67%
32
104%
107
107
107'/a
100% 102%
102 y4,104
\
32
106% >
106
1934
Cleveland & Pittsburgh RR
Series C 3%s gtdi.
100ft 101 y8.
1061/2
''
--
^■4
Jf-N
:<
10
142% 142%
108
at
1957
*46
103% 103%
deposit
M
Conn River Powr
"1
107/4
*101% 101%
"103
103%
103%
99
23
42
41
..
107
46
103%
J-J
Cin Wab
96
100% 104
100A 100A
*
J-J
101%
-•
iV'>: 'I
87
,.V'vN
104'A 104%
*f.
„
40
10 V"/ 106
106% 106'/4
104%
.
40%
107
1983
^
2%-4y4s
2%-4y4s_.
Cleveland
101% 103
12
103 Va 103%
M-S
98%
96
86
*106
Jf-N
128 %
102
40%
F-A
Jf-N
1
5
100
*94%
.
"
__Y
M-S
v
65%
98%
9$y4 100
1
98%
*100
A-O
97
89
91%
1
102% 102%
102% 102%
M-S
26
2003
1
St L Div
128
98%
35
26
Apr
General. 5s series B
& impt 4 Va8 series E
__
128
?
26
—1962
59
93%
99
'
15
105%
82%
Cleve Cin Chic As St Louis
Ry—
General gold 4s_.
73%
82'
93
99
30%
City Ice As Fuel 2%s debs—.i _1966
City Investing Co 4s debs—
.1961
73%
62
6
97%
*100
128
•;
48%:
301
x831/2
92V8
A-O
A-O
85
97%
J-J
74
84%
62
95
X82
92%
30%
86
106
ions
Ref
941/4
J-J
1970
152
55%
J-J
1976
621/4
'
1st
ref
1st mtge 2%s
67
48%
30 Va
Cine Gas & Elec
72
50
67%
31
flAChilds Co deb-8s part paid—. -1943
IA Debentures 5s part paid
.1957
4 A Choctaw Ok & Gulf cons Ss—
-1652
101
94% 101
146
F-A
J-J
5s—,.1934
Certificates of deposit—
Terminal
78%
95
Bklyn Edison cons M 3y4s
1966
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 6s series A
1947
4s s f
debentures
1969
Gen
mtge 2%s
1975
Buffalo Niagara El 1st
mtge 2%s_1975
Buffalo Rochester As
pgh Ry—
3%
68
M-N
Boston Ac Maine 1st 5s
A C
1967
let M 5s
seriesiftffff1st gold 4%s series JJ
1961
1st mtge 4s series
RR
1900
AInc mtge 4%s ser A
July 1970
t ABoston & N Y Air L
1st 4s—-.1955
Stamped
x62%
X72-
1960
Bethlehem Steel Corp—
Cons mtge 2%s ser I
Cons mtge 2%s ser J
.
.
3%s_—1951
5s series C
Indus Loan 2yas
72
73
ioki
_
Telephone of Pa
Beneficial
99
621/4
iqW1 •
^
x97%
J-D
1959
Bangor
95%
,
1950
Toledo Cin Div ref 4s A
Bell
98%
to
Ref Ac gen ser F
(int at 1% to
Sep I 1946V due—
IOOA
A Conv due
*
Feb 11960
Pgh L E As W Va System— 1
Ref gold 4s
extended to
1951
8'west Div 1st M
(Int at 3%%
to Jan 1 1947)
due—.
As Aroostook RR—
Con ref 4s
!, 48:
stamped
Beech Creek Extension 1st
A-O
132
'
1st Ac ref. 4%s series
85
J-D
.
1995
due————..2000
•
&
Income
j
*
34%
Jan
AViK
1st mtge 27/es
99% 100
33
•77%
M-N
—Jan 12038.
Chicago Union Station—
1st mtge 3y8s series F
99%
31
M-S
—1988
Chic & West Indiana
jU]y 1943
Stamped modified bonds—
1st mtge gold
(int at 4%
Ill
78
F-A
.
B
Baltimore &/}hlo RR—
1st mtge gold 4s.
109
35 y4
..
.—1997
4s
gnl/i
108
„
*75
41
24
26
*102% 103%
—
ACnrtv
'
33%
J^I
4y2S__Jan 11999
Certificates of
26
*109
.
Chicago St L & Ne w Orleans 5s...1951
GoM 3%S—^.'....i.. ..—_..——1951
Memphis Div 1st gold
ipfit
107
106
19
106%
108 % 109
J-J
J-J.
,,
..1966
106
57-
•
106
: /
.
lARefundtng gold 4s
L
lASecured 4y2S series A
ii6y2
116 Va
118% 118%
AGeneral
A
.116%
r
—
rr—
B
17%
34 y4
F-A
41 AChicago 'Railways 1st 5s
stpd
25% partial redemption.
1927
fChicago Rock Island & Pacific Ry—
99
94
~4
95
ser
mtge xonv inc
1st mtge 3s ser B
106%
99%
130% 131
*117
NOV
M-N
General unified 4%s A
—1964 '
Atlantic Ac Danville Ry 1st 4s
1948
Second mortgage
Atlantic Refining 2 % s
*97%
inc
67 y2
.I-":/
St
conv
66 %
1985
111
2nd
105%
79
*23
F-A.,
1977
Chicago & North Western Ry—
A
Anglo-Chilean Nitrate deb--—.1967
Ann
66 ya 1
27
Jan 1 2019
103 V*
113%
1,313
17«/4
64
*60
7979
.-.
Paul. & Pac RR—
1st mtge 4s ser A
Gen mtge 4y*s inc ser A
133%
97%
Milw
12
A~0
1
ipoff
—
.l
XChicago Ind & Louisville Ry—
A 1st
mtge 4s inc ser A—
A 2d
mtge 4% inc ser A
Chicago Ind & Sou 50-year 4s
100
108%
12 3/4
20
J-J
3s_____1949
B
AGen inc mtge 4%s
101 VA
107%
66
,
583/4
19
14%
*26
1st gold 5s„
;i«s.l982
Chiravo Gt West 1st 4s
series A—1088
108%
98 ya
iooy4
r
108
*
36
141/4
13 '/8
J-J
Chicago & Erie
109%,
104
5
*100% 101
Jf-S
100
62%
13%
1996
AGen mtge inc
(conv)—i
1st mtge 3%a Bgr B
100%
104 -r? 104
—-
108% 108%
/ 99
99
■
M-S
1961
debentures—ii—
*104Va
*106% 108 Vb
A-O
100%
100 y4
__
59%
13%
13 y8
A-O
L.-1958
Chicago & Eastern
81
s; 102%
95
■
J-J
1992
1st & ref mtge 3yas
INDUSTRIAL COMPANIES
J-D
A-O
____1986
conv
AND
76
12
1996
1st & ref mtge- s%b
Adams Express coll tr
gold 4s
105 Va
103 7/a
59%
J-J
,
1942
Quincy RR—
series
96'/4
78
103 3/a
103%
—
95
J-D
1965
E
i
'.
ref :4%s
%
__
A-O
1974
'
RR ref
72%
50
A-O
gtd gold 4s_1949
3s
High
33%
~~1987
Hl974
stamp (partial redemption)
74
__
*73
'
--
M-N
series A
24 Consol.gold
tAChicago & Alton:
Chicago Burlington
:21%
17%
*__
J-D
R ft A Div 1st cons
gold 48-.^.. 1989
95%
97%
"102
3
88
18
ref
108%
io4y4io5y8
*103%
F-A
1987
General gold 4y2s
Ref 65 impt
mtge 3%s D
Ref & impt m 3 '/2s series1
($ bonds of 1937)—
External readjustment
External conversion
37/8-4y8 4As extl conv
F-A
A-O
F-A
-1948
4s-
Champion Paper As Fibre deb
Chesapeake As Ohio Ry—
'
'
--
&
107
108
1
Nov 1945
ji (4y4% to Aug 1
1949)
1A Central RR &
Banking Co—
*115
lf7f
10%
107/a
4
21%
'115
1964
8%
9ya
—
Low
103 %
108% 108%
1965
.;
January 1
No.
82
1987
Central N Y Power 3s
Central Pacific 1st ref
1st
1
■
1981
Range Since
Sold
103% 105%
i960
registered
Bonds
High
M-S
1965
registered
A General
"
,
'
A 5s
Friday's
or
Bid & Asked
F-A
ARef Ac gen 5%s series
B
1059
ARef & gen 5s series C
1959
AChatt Div pur
money gold 4s__1951
iAMobile Div 1st gold 5s
1946
Central Illinois Light
3%s_
1966 v
tACent New Eng 1st
gtd 4s
1961 <
f ACentral of N J
gen gold 5s
1987
57
55
-
Sale Price
Low
.
I ACcnsol gold Bs—i-iii-jj:-,
1
J-J
A
A4Vis
54
57
Sydney County Council 31/2s______1957
Uruguay (Republic) extl 8s
1940
AWarsaw
2
57%
J-J
A
3%s-4-4Va %
57
Last
Period
gold 4s
^Central of Georgia
Ry—
5 A 1st mtge 5s
,
A
extl
sec
67
2004
(Int reduced to
3.5%)
1978
Serbs Croats Ac
Slovenes (Kingdom)—
A8s secured external
1982
(Prov of)
assented
62
—
1st gtd
gold 4s.
68
64%
—
& Adir
Celanese Corp 3s debs
Celotex. Corp 3%s debs.
A Cent Branch
U P 1st
61
A
Stamped pursuant to Plan
A 7s series B
42
41
64
—
*60
J-J
1956
Cart
Week's Range
Interest
Exchange
Can Pac Ry 4% dob
stk perpetual
Carolina Clinch Ac Ohio
4s
36
31 Vs
70
J-J
38
36
—
—
*57%
1999
(Int reduced to
2%)
IA Secured s f 7s
A
38
37%
J-J
1950
Stamped pursuant to Plan
A Silesia
50
Friday
BONDS
York Stock
New
High
32
1999
Stamped pursuant to Plan
Low
--
*30
:
Stamped pursuant to Plan A
Stamped pursuant to Plan A
(Int reduced to 2.5%)
A7s extl water loan
January I
No.
—
1938
(Int reduced to 2.5%)
A8s external
(Int
High
*37
A
(Int reduced to 2%)
(State) 8s
ENDING MARCH 14
Range Since
Sold
*32
1957
lASan Paulo
Bonds
Bid & Asked
2001
f__,
s
WEEK
Week's Range
Last
Period
Low
lASan Paulo
FOR
Dayton Pr Ac Lt 1st mtge 2%s_
Dayton Union Ry 3y4s series B
111%
ya
112%
Yv
1965
J-D
Deere Ac Co. 2%s debs
1103/,
1978
1965
A-O
Delaware Ac Hudson 4s extended
19B3
M-N
A-O
103%
103% 103%
*103%
YY
96%
__
■
*104% 105
95%
96%
2
103
104%
104
105
■
,/
l; ■
11
94'/a
Y
97% 1
"
1475
CHRONICLE
& FINANCIAL
THE COMMERCIAL
Number 4577
^Volume 165
NEW YORK BOND RECORD
FOR WEEK ENDING
RANGE
MARCH 14
Week's Range
Friday
Week's Range
Friday
Interest
BONDS
York
New
Period
8ale Price
'■
Exchange
Stock
or
'/j. j"
Delaware,
Y
N
Lack St West RR Co—
Lack St
A Income
Western
Mcrrls
mtge
^ Coll tr 4-68—
•
Delaware
*88%
Af-N
v
57
57
1. Af-N
1993
b,.;
\
V- '■../(
■
_.
Light
10 '
59%
1936 v;
60
;>;•
J-J
Tr
A Assented.
63
F-A
.
*——
ARef St impt 5s series B
—1978
•<:;
a-o
:
•
j
■\
Gen St ref mtge 3'As series G—1966
Gen St ref 3s series H
1970
Detroit & Mackinac 1st lien gold
A Second
gold
4s
Det Tol & Ironton RR 2%
Chemical
.
,
•.
•' V
I
60%
51%
'
25
107%
108%
108%
!
107%
109%
/
70
62%'
66%
56
52%
54
109% 109%
*92%
J-J
J-J
*33%'
92%
100% 100%
93 >'
>
1;,/
31%
;
105% 106%
1965 V; M-N
94%
101'/a
100%
V
36
36
;
Paso
5s
!
]
»
Erie Railroad Co—
gold 5s
1995
1970
J-J
1965
A-O
mi *
112
109%J12'/2
A-O
mi
115
112.
3'As
cons
1st cons mtge 3%s ser
1st cons 2s ser H
Ohio
Div
1st
Alst mtge
—
~5
106'/4 106 %
G
74
J-J
A-O
J-J
J-J
2015
1964
1990
2000
1st cons mtge
1st
Vb
155
Af-S
106'A
105%
1953
Af-S
*99
1971
mtge 3%s
' M-S
J-D
J-D
104%
104 %
104%
104%
104
104 "A
100
94%
04.
105'A
105 %
IFlorida East Coast 1st 4%s
el07
198
112y8
112 Va
102'A
102'A
180
186
*104 .104%
1041/4
105%
2%
2%
3%
el07
*112 '/a
—
*102% 104%
186
188
;
2%
2%
102
102
79
1978
,
F-A
*83%
-
87
69
76
76%
38
75%
82
37%- 38%
151
37%
42%
35%
39'A
41%
457/a
38
43
F-A
71
1950
3-J
75%
75%
105%
100'A
102
101
t
J-D
1974
Af-S
60'A
62 VB
36
68'/a
72 'A
!
---
60%
61'A
24
60%
65'A
j
of deposit
Francisco Sugar coll trust 6s
1956
*103
M-lv
106
106
105
:
;
j
}
....
Long Island unified 4s
Guaranteed ref gold
/:
Gas St Elec of Berg Co cons 5s
1949
General Realty St Utilities Corp—
A 4s conv
inc debs
J-D
Goodrich
(B F) Co 1st mtge 2%s_1965
Grays Point Term 1st gtd 5s
1947
Af-N
General
4 V'jS
series
5s
series
Gen
mtge 23As ser P
Gen
mtge 2%s ser Q
Gen mtge 2%s ser R
ctfs B——
ADebentures
.
.
Gen mtge inc 5s
1st & ref 3%s series D
2044
1951
3s
1963
Louisville Gas & Elec 3'As——1966
Louisville St Nashville RR—_ .•
3%s series F_
2%s ser G
St Louis Div. 2d gold 3s
Atl Knox St Cine Div 4s
ref M
81
62 ,/
102 i/e
103
101;
81
101
.•5
100
69
69
101
67
1st mtge St
104
13
V
Central RR 4%s ser A
1960
coll 4s ser B
1954
Manati Sugar 4s sink fund__Feb 11957
A Manila RR (Southern Lines) 4s__1959
Mead Corp 1st mtge 3s_
1966
Metropolitan Edison 1st mtge 2%s_1974
Metrop Wat Sew & Drain. 5'As
1950
AMet West Side El (Chic) 4S..1938
Maine
64
'
7%
\5
/ 85
67
99
20
103
81
w-2003
2003
1980
1955
9
86%
nr.
61%
72%
100%
*100% 100%
Michigan Central—
■.
Jack Lans & Sag 3%s
4101%
101%
1st gold
Ref
3'As
.v >•■'—v-
1951
1952 -
_•
series C
impt 4'As
&
Michigan Cons Gas
1979
1st mtge 3%s.l969
5s
1940
ISAMidland of N J 1st ext
H
Hackensack Water 1st mtge 2%S—1976
1962
3tD
1949
M-N
1957
F-A
58%
57%
59
Feb 1957
Household Finance
Hudson Coal
1st
s
A-O
19
19
20'A
Corp 23As
f 5s series A
Hudson Co Gas 1st gold 5s
Hudson Si Manhattan
A Ad J
1st 5s A
Income 5s
*139%
139%
—
86%
102
18
102i/4
79
80
77
79
86'A
-
109,1/4
5
109% 109%
109 y4
Mo Kansas St
89'/a
100%
86 y4
102
mtge 4'As inc ser- A
AGen mtge 4s inc ser A
1st
101%
139%
Af-S
J-3
M-N
J-J ~
1999
109%
63'A
53
136
23%
18%
38
"
i?
'
Missouri-Kansas-Texas RR—
Prior lien 5s series A
40-year 4s series B__.
Prior lien 4'As series D
ACum
1st
1951
gold
4s
gold 3'As
gold
trust
Refunding
*
M-N
1952
J-J
gold 4s————1953
5s————
.——...1955
•.
40-year4%s_iW.___C_w~_^.~«.1966-
F-A
i
1950
1951 J
.
Louisville Div St Term gold 3Vis_1953
Omaha Div 1st
gold 3s
1951
St Louis Div St Term
>
Gold 3 Vi S__
gold 3s
1951
1951
;.
'I
71
98/
99%
33
1001/4-100 y4
Al
96%; 100'A
99% 10^
100 %
■v
11
95*4
100%
29
100%
104%
80%
83
95%-97^:
102%
:.
1011/4
102% 103%
9514
■■
-•79
79%"
78%
108;-'
*108
100%
•rnr
3-J
1
97%
84%
1
97 %
v
;
*101.
—.
3-D
94
1963
J-D
;•
"v'-w-V*'.
■—i1'
101%
99
103
1015/a
101%
1st ref mtge 4s ser D
1963
94
3-D
Illinois Terminal Ry 4* ser A
112
91%
98
89%
31
85%
91%
83%
5..
3-J
1950
'
100% ioi "
J-3
i»70
Ind 111 St Iowa 1st gold 4s
95%
88%
89
*101%'104%
12
•_
82%
series F_
Alst & ref 5s series G__
A Conv gold 5'As
Alst & ref gold 5s series H
Alst St ref 5s series I_
&
J-D
imp 2Vis ser C
1986
^International Great Northern RR—
98% 101
99%
■:
1st
Adjustment 6s series A
6s
series A-
gold 5s series C
JAInternat Hydro El deb 6s
Int Rys Cent Amer 1st 5s B
International Tel & Tel
4Vis
For footnotes see page
1477
1956
1944
19*72
1952
23%
3-3
A-O
M-N
-
;
3-J
57%
53
59
-" 23%
'53 r
53
58
53%
*
22
■
>'
3-J
1956
Alst
* •'
J-J
July 1952
Alst 5s series B
102
97%
*-.'/: 98%
:
A-O
1952
A
A
:
& ref 5s
1949
1980
.1981
1st gtd bold 4s—1991
Monongahela Ry 3y4s series B
1966
Montreal Tramways 5s ext
1951 /
Morrell (John) & Co 3s debs
1958
Morris & Essex 1st gtd 3'As.
2000 *
Constr M 5s series A——
1955
Constr M 4'As series B___.
1955 '
Mountain States Tel St Tel 2%s—1986
Mutual Fuel Gas 1st gtd 5s
1847
■
■"
101% 102
*101»/2
-
-
100% 100
*
'J
8
1141/4
116
••28
103%
104
103%
104
114
115%
104'/2
105 7/a
107
107'A
107
103%
108% 1 1
98'A '• j
103%
I
111%
112
114% 114%
114%
*118
M-N
MS
MS
103% 103%
MS
103% 103%
114
P-A V105 7/a
..
11.
3
',1141/4 / ■'•
37
? 105V4 1057a
1071/4 107'A
107'A
13
;
'
A-O
'97%
A-O
97%
V-
P
107
107
>
97%
MS
*102
*112
97
yy-p
_.
jr-N
1
118
1
75%%;
75
75
J-D
77%
71%
3
102
101
100%,
<•__
J-D
7
92%
90%
\
93
M-N
91 VB
Af-N
*72 l/a
1031/4 103%
4
103
J-D
106'/a 106 Vb
3
105% 106'A
6
101
102 Vo
21
21
26]A
Jf-N
■
100
102'/a
101
A-O
.V.yV:;
;25%/25%i ;
US
*100%;
MS
*103i/4
103%
102%
,
56
49
2
55
110% -i
109%
8
-1
95
93%
94%
54
A-O
103%
•.
llO'A 110%
MS
.;i•.,
V:;i;
—
*92.
J-J
"
'
:
F-A
-P
■
A
/
'■
97
49
58%.
88%
62
87
95 %
91
18
88
96
95
52%
52
54
3-D
87'/a
87
3-J
90 '/4
89%
781/2
80
80
10
J-J
A-O
71%
71%
73%
19
J-J
;;
78'A
'.80
82%:
71%
39%
30%
75%
77%
22
31
30%
321/4
243
76
78
133
76
MS
76
77 %
68
75
26%
473
M-N
;
75
75
;
25%
75 %
75i/4
77
85
**" 85
84%
751/4
751/4
77
75
70;
731/2
.
32
75%
52:
F-A
MS
75%
21
Af-N
A-O
84%
75%
85
78
70
*105%
J-J
105%
106
*100'/4 IOIV4
F-A
100%
103
103
1031/4 103%
M-N
19
,591/2
50
68
23
61%
70
68
M-N
64
M-N
MS
;
64
64%
*99% 100
*100%
99
v
63
>•
991/4
72%
,
68
100'/a
w.
99
U-N
103%
V57%
16
68
58%
J-D
f
85%
86%
78%
1
MS
F-A
I
.J
94%
77
*._
J-J
J-J
N
Nashville Chattanooga St St Louis—
v
1st mtge 3s ser B
;
1986
National Dairy Products 2%s debs.1970
National Steel 1st Mtge 38
-1965
lANaugatuck RR 1st gold 4s
1954
Consol Gas oons 5s—-—1948
HANew England RR gtd 5s
1945
IAConsol gtd 4s
i
1945
-85%
101%
Indianapolis Union Ry Co—
Ref
128'/a
;
97%
83
1963
1st & ref 4Vis series C
,
i
General 4s
1965
1975
1977
1978
Newark
Joint 1st ref 5s series A
A-O
A-O
52%
80
128'/a
'
100
HI Cent aDd Chic St L St N O—
V
76
75
*127% 129
10O
97
'
:ioi%;ioi%
F-A
Western Lines. 1st gold 4s—.—1951
Registered :
:
V:
*98%-::-'
75
100'A
;9T/'
'
3-3
•
10
74'A
'
-
97%
46%
108
98%
99%
97%
3-J
1951
....
Springfield Div 1st gold 3Vis
71
-
20
1
-
3
71..;
99%
3-D
3-3
3-3
F-A
gold 4s
Litchfield Div 1st gold 3s
100
100
-
series A
Moh'k St Malone
-
100% 100%
M-N
M-N
Cairo Bridge
:•
?V
__
.•71:
A-O
1955
4s.————
Purchased lines 3 Vis
MS
1952
Refunding
A-O
*101
1961
gold
4s
Collateral trust
*101%
.1951
3s sterling
Collateral
■
3-3
1951 :>'• 3-3
Extended 1st gold 3 Vis
1st
105%
102%
•
Central RR—
Illinois
1st
26
102% 103%
103
3-3
1962
1978
series A—Jan 1967
adjust 5s
Alst & ref 5s
Alst
1981
1962
^Missouri Pacific RR Co—
A
Illinois Bell Telep 23As series A
Marie—
Jan 1971
Jan 1991
Texas 1st 4s.
1990
Paul & Sault Ste
Minn St
100%
*101% 101%
1937
1970
Hocking Valley Ry 1st 4 Vis
IjAHousatonic Ry cons gold 5s
13
M
91
35
102
81
Jf-N
89
22
98%'
102
& ref M
98%
97-
89%
96%
23
7%
&
48
104'A
98%
103/103
1st
A-O
>
'■"'ZL,
46'A
47
15
46
*41
M-n
>
42%
42
42
104%
-
7%
;—1949-
—
'■ _!•'
106%
102
101'
*63
----
1976
105%
8
89%
J-J
A-O
1969
Gen mtge inc 4s ser B w i
Gulf States Util 1st M 2%s
15
*36
129
•>
*98
J-/
2015
series A
*
132
126%
102%
98
88
A-O
Gulf Mobile & Ohio 4s series B—-1975
131
3
•
103% 103%
Feb
■
—1959
Greyhound Corp 3s debs
.
117%
115%
3
>
105% 105 %
*99
Feb
Bay St West deb ctfs A
132
128% 128%
3-3
3-3
3-3
3-3
3-3
E
1
101%
101%
'2
115% 115%
132
1990
2000
—1982
2010
1961
1976
Gen mtge 3Vis ser N
Gen mtge 3 Vis ser O
A Green
115%
132
3-3
3-J
D
.
1949
Lorillard
82 /
,?
stamped
1949
4s
(P) Co deb 5s__—
debentures
105'A
36 ^102% 103%
y'A
—
3-3
1977
4%s series
77
62
4s
1st
*101%
3-3
1973
C
•:yv
102% 103%
„
J-D
Great Northern Ry Co—
General 5%s series B————1952
General
i. 79%. 80%
MS
1969
105%
*1021/8
.4,3'
38
MS
87
19
1934
M-m
'•;
87
64%
71%
71
2003
2003
2003
4'As registered
—2003
5s stamped modified.
—
—2003
Lehigh Valley Terminal Ry ext 5S.1951
Lexington & Eastern Ry; 1st 5S
1965
Liggett St Myers Tobacco 5s
1951
Little Miami gen 4s series A
1962
I
87
86'/a
3
101
86%
86%
87
i
101 %
1001/4
1
:
;u:-
*83'A
F-A
registered
;
4'/2s stamped modified
1011/4
100% 100%
86 y8
88
100% 100%
<
—
*86%
J-A
99i/a
79
3
'
aoo
'100%
1033/4
98
t
79
*99
Dm
A-O
101'/a
>4
V
99%
*98 »A
4s
1959
A 1st St ref 5s series A
A Certificates
104%
13
105 %
105
*101
-
68'A
59
107
Co—
gtd 5s
4'As ext
Lehigh Valley RR—
4s stamped modified..
105 %
122
59
59
Lehigh Valley N Y
M-N
1041/4
104%
122
*122'/a 126
59
1970
income reg
1st & ref
100'/4 100'/4
*105
1961
103 y4
104
Leh Val Harbor Term
Firestone Tire St Rub 3s deb—
104%
104%
9
stamped
5s
09
91 %
*__
1997
1994
1954
sink lund 5s;—
1964
5s
stamped—ww——1.——1964
1st & ref sink fund 5s
1974
5s stamped—
..—1974
81
92'A
93
93
A-O
A-O
MS
w-
—
4
Ltd—
Lehigh Valley Coal Co—
1st & ref sink fund 5s;
102
102v
n02'/2 103'/4
93
—1997 *
1964
-.1959 •
*
.1997
Lehigh Coal & Navigation
S F mtge 3%s 'ser A
113
74/ V,
65
76'/4
3-3
J-J"
Sou gold 3Vis
Lautaro Nitrate Co
■.•
series A
3%s ser E
mtge 3%s ser P
inc 4%s
mtge
121
1965
cons
& East Ry
& S W 1st 5s
105
*103%
-
1961
1961
unguaranteed
Kings County El L St P 6s—
'Koppers Co 1st mtge 3s
JAKreuger St Toll 5s ctfs
3Vis registered
M-N
stamped™.
Gen
120'A
8
1956
*
(NY) 1st
Elgin Joliet
El
104
*101
A-O
>105% 107%
io
*121
121
121
104
*
-
4%s
'
1st 5s
East Tenn Va St Ga Div
104%
102%
J-D
A-O
A-O
A-O
3-J
J-3
3-3
Plain
104 -110%'
1
;•
103'
102% 103'4
'
p."2
108 / 108%
93
90
104 '/a 104%
3-J
K
Lake Sh St Mich
Ed El 111
91 •;
MS
gold 4s
1990
Kansas City Power & Light 2%s—1970
Kansas City Southern Ry 1st 3s—1990
1st mtge 4s ser A
i
1975
"Kansas City Terminal Ry 2%s
1974
Kentucky Central gold 4s
1987
Kentucky St Ind Term 4%s
1961
Stamped
—
1961
8%
106%
vi'
MS
tJADul Sou Shore & Atl gold 5s__ 1937
Duquesne Light 1st M 3s
-'•v
J-D
—1999
1976
-1961
Kanawha St Mich 1st gtd
8'/4
5
*65%
109%
2%S
Laughlln Steel 3y4s
'
*52%
:
Clear 1st 4s
j
5
*106% 109
M-N
.
66%
58.
>'• <
133
Jones St
!.
62%
5^ '68%
•'*•' 28 ;
;
107% 108%
*
J-D
B—1976
1961
ser
.•
J-D
J-D
.
—1961
2.35s
-V,-s •'».
M-S
48-1995
1995
Detroit Term & Tunnel 4Vis
Dow
A-O
-.1965
-Detroit Edison 4s series P
51%; 52%
;
-t
J
77*''-
5;';: ':■ 5%.-.", V
/•\
"
f
5%
5
F-A
;
—1955
—
High
Low
No.
109%
108
''
234
59%
61
.
IDenver St Rio Grande Western RP—
A General s f 5s
James Frankl St
58%
53%
36
-
,
''
58
58%
j-j
gold 4%'8____——.—1936
90
<
53
Jersey Central Pow & St
*108 '/a 108%
5; A-O
1973
3s
5 A 1st consol 4s
,
83
,
.
57.
;
JDenver St Rio Grande RR—
IAConsol
.January 1
Sold
i
.
May 12042
——
St
Power
:90
Range Since
Bonds
•
High
div
due
Essex division
&
Friday's
or
Bid & Asked
!
"Z
1st & ref M 5s ser C___——1973
r
Sale Price
Low
:
-
■
.
Last
Period
Exchange
Stock
York
New
High
Low
No.
High
Low
;
Sold
Interest
BONDS
Range Since
January 1
Bonds
Friday's
Bid St Asked'
Last
98 /
33
55%
65%
143
211/4
59%
52 /
59%
1952
1901
1986
1974
1983
1952
1953
103% 103 Va
103:
3-D
A-O
87
73
J-J
108 Va
108'A
J-D
-
rl24
Af-N
*__
F-A
*103%
J-J
73
124 «/2
81%
1091/4
123%
108%
124%
13
'■
9
128
99%
102'4
99%
103;
100'A
101%
INew Orleans Texas &
tANon-cum inc
ACertificates
Alst
5s
series
ACertificates
Mexico Ry—
A
deposit
5s series
of
B
of deposit
1939
1954
A-O
79
;
78% iAhO
85'A
84 y4
j
i
J
no
108
109
1031/2
105
—
104%
105'A
106
105
106
105'A
\
;•
84
108
74'A
106
J-J
106'/a
80
108'A 108'A
MS
101
106
81'A
*70
JS
99%,
106 Va
101
*105%
3-D
97%
103% 104
105 \
*100
Jf-N
J-J
..5'
*105 'A 105%
106%
30
51
Tel St Tel 5s A
'1st gtd 4%s series B
;
N J Junction RR gtd 1st 4s
New Jersey P St L 1st mtge 3s
New Orleans Great Nor 5s A
N O & N E 1st ref & imp 4%s
New Orleans Term 1st gtd 4s
New England
F-A
79
80'A
78%- 78%
851/2 881/2
841/4 84 'A
86% 'j
78%.;,
9
79
2
78%
48
85'A
92»/a
3
84'A
90
*v
fe.
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, March 17, 1947
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING
Friday
T
'BONDS
'New
York
Stock
5s
series
-
A 1st
Week's Range
or Friday's
Sale Price
Bid & Asked
of
ACertificates
5yas
deposit
---j,
1888
2013
RR
4s
series
1997
F-A
3s
95
97
95
Y
Connecting RR 27/es
N
Y
Dock
1st
N Y Edison 3'As
81%
82%
Gen
mtge -5s series
A
91
Gen
mtge 5s series
B_
92%
94
73 VA V
74 ya
75
72
96%
4
75
>
Pittsburgh
•
A-O-
1065
Mtge
Mtge
■
N
4b
series
96 Vi
101%
97 Vi
series
B
Ac
.
series
series
A
101%
103
!
102 Vi
103%
B
'
•'
deb
1st
105%
«
X A Collateral
A
ref
tAHarlem
.
1st
■*. :t
M-M
M-fl
Ac
Chester—
v
J-D
1963
,
F-A
Coll
trust
Northern
1st
.im
a
1966
M-M
„•A-O
C
2047
109%
ref
M
ref
M
1st Ac ref
;
1st
Ac
Pacific
4
.
ref M
71 Ma
M-J
M-J
*109M4
M-J
*107 Ma
.—1969
Jf-fl
109
18
128
113%
109 Vi
—
'72%
70'A
114
70'/a
5
6
100%
102%
102%
102
103%
103'A
107% 107%
>
;
1997
RR 3s
ser
1975
A-O
1975
F-A
A—1960
15
15%
<•106% 107'/a
A-O
102
15
inc
bond
ctfs
Nov 1989
106
1966
Scioto
V
Ac N E
Air
mtge 4s
1st gtd 4s
Line
Shell
19
Union Oil
1970
J-D
1971
J-D
1974
*108%
J-D
series M
N
ser
23/4S
J-D
1977
P
ser
Tel
1979
J-D
_1986
104%
106%
J-J
*104
Jf-fl
*106%
106%
Pennsylvania-Central Airlines—
3'<is
inc
conv
Gtd 4s
;
series
E
trust
ctfs
..1952
x.
1st
A
3s
mtge
s
f
3s
4s
1
Cons
1965
4s
1948
'
'
4 Vis
General
5s
series
series
A_—
B
A
Gen
...
wtge
3%s
ser
F
107V2
J-J
96
If-J
72%
Apr
Peoria Ac Pekin Union
Ry 5Vis
Pere Marquette
Ry 3%s ser D
Phila Bait Ac Wash RR
Co—
'
General
•
'
"
"
•
5s
series
B
—1974
—...
Philadelphia Electric
!
1967
1st Ac ref 2%s.
1st Ac ref 2%s
;
For footnotes
1981
see
page 1477
34 %
*122
J-J
'
'
M-R
160
'109
M-N
J-D
'
J ' J-J
_
-
■
r
•
J-D
Va
78 V4
99%
5
102%
V-18
'..w-i
—
28
Jf-M
96%
Jf-N
1071/2
109 y4
102
14
102 M«
104%
97
96
98
100 Ma 101'A
100%.
A-O
72
100%
96%
97%
183
96V4
97%
209
96'A
105Va 105%
33
105%
96'A
105%
1988
Ac
gen
6s
J-J
91%
91%
1996
J-J
86
86
1961
J-J
91%
91%
95
55
98
lO'A
100
106 V*
16
•v
'
01
94%
85%
89'A
91%
1 -i/
20
94%
10V4
J-J
A-O
101 Ma
101% 101%
1956
A-O
114%
114
1141/a
120
120
120'A
23
1181/2
120'A
II6M2 II6V2
1
115%
116%
125Va 125%
6%s
gold 5s
1956
A-O
1996
J-J
1st gold 4s
1951
J-J
*105
1
122%
85
•.
1968
F-A
1971
M-N
102%
Apr
deb 2%a
102M4
56
'
103 'A
II31/2
116
105Va
102
2
47
56%
105
98%
98%
-J-J
102
105%
94
56
105%
*1051/2 107'A
98%
128
101'A
.-4
105%
102
-
A-O
1041/2
48
5
102
98%
1011/2
99'/a
Co
2%s
debs—
—1972
125%
118M4
Terminal RR Assn of 01 Louis—
> Ref Ac
.2019
imp M 4s ser C
Ref Ac Imp 2%s series D_
.1985
Texas Corp 3s deb
.1968
i—
103%
102
96
..
,
ref M
V
34
39
jL'Ai ^
17
106%
103%
•
125
A-O
Gen Ac ref M 3%s ser K
1985
Texas Pacific-Missouri—
P«.c Tenn RR of New Orl 3%s— 1974
J-J
103%
103% 104Ma
J-D
103%
f Third Ave Ry 1st rsf 4s——— 1960
AAdJ Income 6s
Jan 1960
Tol Ac Ohio Cent ref Ac Impt 3%s.. 1960
Trenton Gas Ac Eleo 1st gold 6s— .1949
vTri-Continental Corp 2%s dsbs— .1961
130
103%
'''!
98;
'
97 Va4 ;98 -•*
*132Var
4
J-J
A-O
.,100
T*
59
r
.."58
u -
J-D
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105%
M-fl
X
11
:
97
V 102%
:r98%
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;{1
\U
Ii!
130V4
37;
132
102%
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103
100'A
pUl
*-.103%
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58
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105%
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102
;
-
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Jf-fl
128%
104%
106'A
98
69
100
•
104
ll rv loi'A
104
"'
101%
H
\Y
1
103%
104 7/a
2
103'A
103%
7
9'A
147/a
1'
I
104%
102%
-r
i
'
Union
M-N
*111
!
-1st
A-O
•102% 103%
A-O
1967
J-J:
*29'/a
34%
'. 104%T04%
1970
J-D
9%
11
'
,104'/a 1041/2
*99% 100%
;
126 Ma
108
127%
5;".v
33
103% 103%
♦102%'i lL
A-O
•
-
106'A
2
v
107 >107%
J-D
-tv
.
108
—
■
•
1970
"
130 •:
-
1281/4
J.;i05Ma 105V2
'
■
A*
Vl28'A
:V
1990
Texas Ac
75%
101%
125%
V
107 Ma '
2000
Ac
1st Ac
101%
106 J
>"
132
-
M-N
3%s ser B—
•
1st
'
J-J
A-O
ref M 3%s ser C.
Pacific 1st gold 5s
-101-
65%
7
*101% 102-
Texas Ac New Orleans RR—
100 %
^
J-J
122%
1181/2
101
14
35
&
118 Ma
12
74
Swift
1071/2
41
101 3^1
103% 103%
*9%
IO2M2
1956
—
107'/a
-•
94
104% 104 %
*104
V
-
Co—
1st cons gold 5s
(N J)
93
103%
100 M4
99
108% 109'A
1950
115%
50
•127
*104 'A 104'A
104%
99%
:
104
106 Ma 107
J-D
'
jr-fl.
<
"
961/2
98Va
83
103 %
101% 101%
*__ '
J-J
1974
27/eS—1996
,
102%
1027/8
120%
97
32
72'A
*106
~F-A..
1971
v
;
*
"
llAPhilippine Ry 1st s f 4s
1937
ACertificates of deposit
PhilPns Petroleum ?%s
Ms—^_i_19«4
Pittsburg Bessemer & L Erie
-
F-A
.". Jf-fl
1961
Co—
1st & ref 2%s
1st Ac ref 2%s
•
"■
1980
19'A
94%
'
"
1974
General gold 4y2S series
C__»__1977
Philadelphia Co coll tr 4y4s
-
101
*
'
'
1977
Sunray Oil Corp 2%s debs
104%
36
111
96
101 3*2
A-O
Apr 1990
*95%
Stand Oil of Calif 2%s debs
106%
104
34
107»/2 109'/2
100 % 101
100%
105
r,
__
115% 117Ma
107'/2 109 »/4
107'/a
,
1960
A Income 4s
109
115%
A-O
1918
ext
14
.:..r $ 3
121% 121 »/a
.
>
.1947
'
-
A-O
102
J-J
Standard Oil
104%
103
103
109
6 8'/a
185/a
"5
*126 Ma
J-J
ASpokane Internat 1st gold 4%s—2013
108
104
*102%
J-J
1982
-.Peoples Gas LAC ret As,..
Peoria Ac Eastern 4s
{
104
■■'A-
J-D
1981
1964
RR
gen
St Louis Div
64%
1°4%
57%
'
V" J-D
1968
General 4'/2S series D
Gen mtge 4M4s
series X
deb 3M4s
Conv
56
107
105'/a 106
—
M-N
1965
136
'
F-A
*j.
sterl
General
!
*56 Ma
M-R
stpd dollar—.May 1 1948
sinking fund 4Vis
1960
1071/2
—
A-O
RR—
Consol. gold
57'/a
106
78
99 Va
F-A
Southwestern Bell Tel 2%s debs—1988
A-O
100 '/a
76'/2
103% 103'A
99%
1994
1969
1st
130%
99%
Co—
gen 4s series A
Div
130%
'
56
*107
M-N
J-D
1975
debentures
Pennsylvania
•>
57'/a
*65
J-J
1981
Pacific
99
1979
Ac
Mem
A-O
A-O
1988
Ac
Devel
1960
Pennsylvania Glass Sand 3 '/2s
1960
Pennsylvania Power Ac Light Co—
'f
••
debs
Co—
1
243
72%
A-O
Devel
106%
•
1963
Tel Ac Tel
4%s
Southern Ry
70
v' .7,-V>*V
47
fr
100'/a 100 %
J-D
Devel
__
130 Ma 130 Ma
F-A
2%s ser E.
2%s series F1st mtge 2%s ser G
104%
105% 105 '/a
105 Vi
.101%
88
44
—.
—1976
2Vis
1st mige
lst mtge
109%
104
79%
38
—
99
4%s
Southern
109
107%
102
101% 102 Vi
* A-O
111 1st s f gold
4'/2s
1955
Paterson Ac Passaic G Ac E
cons 58.1949
107%
107% 107%
*101% 102 %
J-D
1985
82
34
'•
98%
San Fran Term 1st 4s
108%
*106%
v
85
19 Ma
(Oregon Lines) A
Gold
A-O
83
;;71
76
39
96 Ma
debentures
Gold
109%
"6
87
39
57 Va
103%
*112
96 Ma
South Ac Nor Ala RR gtd 5s
107%
107
107
107 Vi 107 7/8
J-D
1981
debs
106%
107'/i
79%
j^r
F-A
92'A
48
*18%
Oil
90
102
78
J-D
70'/a
106%
107'/a
47'/a
75 Me
J-J
Socony-Vacuum
107
86 Va
647
F-A
102%
107
425
51%
J-D
105%
*106% 107
107 Vi
87 'A
1935
102%
1st 4%s
100
& Sons 2y2s debs 1968
2%s debs
1971
107%
108%
97
49V2
J-J
100 Ma
t§ASilesian-Am Corp coll tr 7s—r.1941
Skelly Oil 2%s debs
1965
108%
J-J
H-M
101
__
92
99 Ma
*102 Ma 103%
83
83%
J-J
100%
106
90
Co—
2016
105 Ma
86
86 Ma
f
1990
RR
A
ser
104'/a
86
—
'
1989
Southern Indiana Ry 1st mtge
Southern Pacific Co—
J-D
1952
Ac ref
105%
102
noi% 102
52%
99'A
J-J
t'.
gold 5s series A
1990
St Paul Ac Duluth 1st cons
gold 4S-1968
tJASt P Ac K C Sh L gtd 4%s
1941
St Paul Union Depot 3Ya& B
1971
1071%
86
*90Va
M-lf
4s
mtge 4y2s ser A
X A Seaboard All Fla 6s A ctfs
M-J
110
108 Ma-110
104 Ma 104 Ma
J-J
1989
104 Ma
J-J
2022
Seagram (Jos E)
1974
48
JT-fl
gold 5s
§ Alst term As unifying 5s
104'/a
105%
V
A.
ser
1st
1958
A 2d
104%
102
12
Ac Adir
gold 6s
2nd mtge 4'/2s ser A
ISt Louis-Southwestern Ry—
1st 4s bond certificates
103
*102% 103
Jf-fl
Bt L Rocky Mt Ac P &s stpd
Louis-San Francisco Ry Co
1st mtge 4s ser A-
101
1021/2
stamped
St.
72 Va
95%
Lawr
2d
76-?
68
31
;
St.
109%
100%
J-J
109%
__
—
108 % 108%
A-O
Baguenay Power 3s
126%
101'/a
1948
:
73
58
61%
43%
136%
126 y2
13
:-ir
114
J-J
38
132%
—
39
Jf-fl
60
103
104'A
1996
8
29
102'/a 102'/a
103'A
l-O
991/2
103
—
1998
39
99% 100%
102
..'
96%
967/s
109 % 110%
13%
70'/a
F-A
*103 Ma
J-J
108%
101% 102 Ma
A-O
96%
M-N
15%
108%
70'A
v
Jf-K
11
102'A
series L
3s
2%s
Pennsylvania
103Ma
10
M-J
1974
2%s debentures
.
102Mi
44M2
102
1975
Paducah Ac
.
'
11
102 Ma
____1964
4s
mtge 3s
ref.
10
,
49 Ma
J-J
series K
3s
3s
Tel
-A' 102% 102%
t
11%
109'A 109%
99'/2
1949
mtgeL3y4s series J
3s
Ac
->
1987
2% debentures
Ac
w
10
Ac
1st
*
—1977
A Gen
1st mtge 3s
1st Ac
108'/a
164
11'A
20%
Ac Lake Champlain
Ry—
1st
'162
J-J
15 Vi
135
■*107
Co—
Electric Co—
1st Ac ref mtge 3Vis
series I
1st Ac ref mtge 3s series
J
v
109 Ma
108 Ma
—^
-1987
Southern Bell
'
*160
,
J-J
J-J
.
-1975
Oregon-Washington
;
„
1949
128
Q-J
Q-F
2047
mtge 2%s
Oklahoma Gas Ac Electric
2'As
'
109 Ma
I
1934
—
38'/a
Q-A
D
1st
-
*05%
*i09%-.'-iiV^
*108% 109%
—
1941
135'/a 136*
*__
—
J -J
series
Power
n08%
Q-J
2047
series
guaranteed
Gas
107%
.*lll..l7%,-;
i..
Corp—
A Gen
Pacific
11
•
IIAR I ArKAs Louis 1st 4%S
t A Rut-Canadian 4s stpd
M-fl
2047
1st mtge 2%s
mtge 2%s
1st mtge 3'/2s..
Ohio Edison
100 %'
107
tiARutland RR 4%s
18
15 Vi
135M2
Elec
Ac
mtge 3%s series H
1st
1st
99
.
_
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^11
M-M
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./ M-8
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mtge 3%s series I
Seaboard
A
:,
93
F-A
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4Vis
States
lOgdensburg
r>
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mtge 4'/2s series D
Gen
>
(Minn)
(Wise)
i
100-
-3037
Gen
38 V2
35
2014
impt 4'/2S series A
impt 5s
impt 5s
38%
1948
^
registered—
Ac
Ml
♦107-
-
.
8s—
;
103
.
2037
Gen
1U6j/4 lUb'/a
1943
Gen lien ry Ac id
gold 3s
Ref
1067/8
J-J
Nortnern Pacific Ry prior lien
4s__1997
4s
registered
1997
Ac
100%
1978
Ac coll trust 4s A
cons
Gen
J-J
1937
1940
5s
Southern Ry Co—
mtge 5s conv inc
Ac
mtge
<
91%
91V2
,
127*
* 118
.
•
.-1957
5s—
92
85
;■
*120,--
-
—1977
105
89:""
86
*11
<
—
105'/a
90
103-
•11'
1980
1-
10
,
.
:
—
-ii%
!
103%
Electric Co of Mo 3%i—1971
mtge Ac coll tr 2%s
1975
tIAUnion Elev Ry (Chic) 5s
1945
104 Ma
5
Union Oil of Calif 3s debs___
99%
99%
i
<,
2%s
debentures
.
!
91%-'
: 85-
V
1944
Revere
M-fl
-1955
Norfolk Ac Western
Ry 1st gold 4s_1996
North Central
gen Ac ref 5s
1974
Gen Ac ref 4'/2S
series A
1974
3s
deb-^
I
104%
104%
*--
—
•
90%
1959
Reading Co 1st Ac ref 3 Vis ser D..1999
Copper Ac Brass 3y4s_
1960
tl ARlo Grande West 1st gold 4s__ 1939
•„
1937;:
,V
Ref
105
.*105
,
!
•
101%
.
,
June 1992
» A NY West Ac Bost 1st 4'/is
Niagara Falls Power 3Vis
Ref
102%
100'A
A
Rocnester
Norfolk
inc
1st M 3%s.
mtge
ref
Se
M-fl
A Gen
.
1st
M-fl
A-O
gold 4 Vis
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5ATermlnal 1st gold
*
105
-
„
18
20%
Port
1954
'-! v:- ;;
5%
Pwr
ref
Ac
M-N
*
—
101'Al
1958
1977
Public Service El Ac Gas 3%s.
1st Ac ref mtge 3s—
1st
4'/2S series ol
River
4s
5 A 2d
*
100%
....
.r
1993
;t
102%
__
••.■.
1974
f A Providence Securities 4s.
tAProvidence Terminal 4s.
1965
'
-1950
mortgage 3%s
A 1st
-
*103"
I.
—
^
—1950
Quaker Oats 2%s deb-
gtd 4s
,N Y Queens El Lt Ac Pow
3%s
-» N
Y Steam
Corp 1st 3'/2s—
A t§AN Y Susq Ac W 1st ref 5s
,
Co
El
N Y Power Ac
Light 1st mtge 2%s_1975
N Y Ac Putnam 1st cons
■f
103%
4s
_
1
127%
100
4s
tAN Y Ont Ac West ref 4s
A General 4s
V
101%
125%
trust
Debenture
:' \ A 1st Ac
i
II8V2
18
120
100
116%
■
1988
5s series C
4%s series D_
gen
1st
i
ANon-conv deb
A Debenture
certificates 2
AConv deb 6s_——:—
!
v-;
'
20'
Coal—
mtge 4%s series B~__
-fr
Ml!
;-l1954
^
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M-*
*—
mtge 4'/2s series C
1980
Pitts Young Ac Ash 1st 4s ser A-^.1948
1st gen 5s series B
1968
J -J
.
<
1st
1st gen
-xA Pitts ton
107.
'
K'
...
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.
J-J
IN Y New Haven Ac Hartford RR—ANon-conv deb 4s
1947
ANon-conv deb 3Vis_!
!
1947
: ANon-conv deb 3Vis
A-O
A-O
*
105%
106%
105'
Consolidation
Pitts Steel 1st mtge 4%s
1st mtge 4%s series B
i Potomac
1973
121 '/a
118
116% 117%
1st
-
J-D
2043
115%
„
*118
—
1978
Pitts Ac W Va 1st 4%s series A
101 '/a
A-O
2043
—
4s
99 Vi
F-A
1973
West
"101'/a
1—2000
A
4s
Y Lack
4y2s
gold 3 Vis
115%
121%/-
"
93%
A-O
1st lien-& ref 3'As series E—j.1866
N Y Gas El Lt H Ac Pow
gold 5s—1948
Purchase money gold 4si—
1949
N Y Ac Harlem
100 -T- 100
High
117
1978
3%s debentures
72 »/4
94
-
Low
—"
4 *119%
—.
J-D
Pittsb Coke Ac Chem 1st mtge 2%Sil9«4
77
72
96%
*
-
January 1
No.
81 Vi
76
Range Since
Sold
•
••
jr-n
1970
Gen mtge 3%s ser E
75
72
i.
Cons gtd 4 Vis series J
1964
Pgh Cine Chicago Ac St Louis RR—
,98
91
76
,
*72
■
28
92%
75
F-A
series D_.
F-A
83%-92%
A-O
—1951
1963
75
*85
•
*103
Jf-M
I
Bonds
High
F-A
186
0
Friday's
J-D
1957
1960
246
J-D
B—1978"
ser
gold 4s
_1953
78
'
N
series F
75%
,
1986
.
Cons gtd 4s
84Ma' 87
'■
F-A
Cons gtd 4s series H
Cons gtd 4'/2s series
97'/2
75'/a
F-A
1980
P
93
'
E
ser
ser
-
■'
\
Cons gtd 4s series G
91
or
Bid & Asked
*
71 Vi-
F-A
1998
Chicago <fc St Louis—
Sale Price
Pgh Cine Chicago Ac St Louis Ry—
Cons gtd 3'/2s series E
1949
193
>
Last
Period
Low
74'A
F-A
—1998
3Vis registered
92
Week's Range
Interest
Exchange
7IM2
J-J
1998
.
Stock
High
88Vi
20
4
BONDS
York
841/2
91
A-O
1998
Low
*
New
14
95
71%
1887
Mich Cent coll gold 3Mas__
mtge 3y*s
86
93
93
/-A
A-O
^
Cent & Hud River 3%s
3 Vis
registered—
Lake Shore coll gold 3 Vis
3Vis registered
1st mtge
85
85
—-
2013
Y
New York
89
0
_
<Se
Ref
-
impt 4'As series A
impt 5s series C
<5c
Ref
v,/
77.
A
Central
No.
14
Friday
Range Since
January 1
-
87
A-O
—
Sold
High
«-■—
185*
deposit
Bonds
88
■
r-A
deposit
A
of
*
Ref
F"*
1986
of
series
ACertificates
Y
1956
4M2s series D
A 1st
.
Last
Period
-
Low
C
A Certificates
...
N
"
Exchange
Orleans—Continued
olst
N
I°te'elt
'
'
New
MARCH
104
111%
104 V.
111V4112%
103 Ma
104 M4
104V4
105.
102%
104'A
*\\
X
:RC
N /V t
K.
'
1477
CHRONICLE
THE COMMERCIAL & FINANCIAL
-Number 4577
Volume 165
NEW YORK BOND RECORD
FOR WEEK ENDING
RANGE
MARCH 14
Week's Range
Friday
Week's Range
or Friday's
Bid & Asked
Friday
Interest
Period
fy,., ,.r.B ONDS
New
Sale Price
Exchange
Stock
York
Last
"
High
Low
;.
Low
No.
...
Interest
York
New
debentures
2%s
Ref
series C
mtge 2%a
U
8
Rubber 2%s
debs
106'/a
97
G
973i
Pacific
100%
109 Ve 4.09 Va
100 vi
1021/2
M-N
Virginia ElectTic to Power Co'.lst to ref intge 2%n ser E——1975
Va Iron Coal to Coke 1st gold 5s—1949
1st
■
__
100%
105 %
103
106
105'/a
103
J-D
83%
80%
83%
107
76 Va
863A
M-a
81
78
81%
115
75
87
1951
M-JV
106%
;Wabash/RR Co^-j,
?
Gen mtge 4s lnc ser A—«.—Jan 1981
44:4
Jan 1991
mtge inc 4%s ser B
\\
90%"
ADT
90%
M-N
Walworth Co conv debentures 3V4&-1970
Jf-N
98%
1970
A-O
105 Va
gold 3%s—2000
•sr Washington Central Ry 1st 4s
194§
Washington Terminal 2%s ser A—1970
Westchester Ltg 5s stpd gtd
1950
Gen mtge 3Vis
1967
r-i
(Hiram)
Raking
■Ward
of
Public
Wisconsin
;
98%
•
•
•"/
'90%
J-J
1949
deposit
2%s
>
:
99%
100, >
lC5Va 106%
-
53%
53 V2;.
Q-M
105%
'
107%
53%
J-D
fciiv
J-D
if
/-/A
year's
109
100
100%
n
In the year's range, d Ex-Interest. « Odd-lot sale not
Under-the-rule sale not Included In the year's range, r Cash sale
y Ex-coupon.
yV,. ^./V'/ 7
/
-.a-v..
, "•
range,
exchange rate of 64.8484.
Accrued Interest payable at the
bankruptcy, receivarshlp, or reorganised under Seatlon
securities assumed by such companies.
ICorapanies reported as being in
the Bankruptcy
Act, or
200-
tThe price repreeented la the dollar quotation per
.^Negotiability impaired by maturity.
101'A
.»!
..
103
113%
'Friday's bid and asked prices; no ealee being
107%
ABonds
107'A
'107,
the
106%
-
7
1013A
109
100%
"100
103
*113% 118
19
mo3A
109
109
J-J
23%
19
'100'A 100%
J-D
113%
"1013/4 103
r-a
1
66
19%
47
19
19
82 Ve
66
21
19%
117%
66
sale not Included
year's range,
in
pound unit of bonds.
60
1003A
*100%
/,
__
33
•
-
54
the
included
not
delivery
Deferred
a
Included in
99%
96%
25
117%
27
73
J-J
105%
104'/a
51
673/a
66
20%
105 Va
104
104'A 105
Jf-N
100
\ 100
"117 %
67
106'A
406
/
„
105 Va 105%
:
' 72 Va
94
102'%
G97/s
99
Va
76 Va
66%
;
"100% 101
105
'J
1976
1971
1976
3Vis
Service
7
19
Power
08%
25
68
92%
84
10
i
——.
Warren RR 1st ref gtd
t
Electric
Wisconsin
"11
5Vis debs
Co
(Subordinated) ;
t
90
"
99% 100%
1.99%/ 09%://v
G to W 2%s debs_1966
r
13
/
90%
89%
r
$9%
A-A
1971
,11st mtge 3 Vis .ser B
r* Walker
A-O
1960
Yonkers Elec Lt & Power 2%s
Apr '
Gen
1958
5ASu & Du div to term 1st 4s—1936
A Certificates
>*
M-S
MS
1
70
67
"105%
M-S
1970
33
68 %
V
J-J
103
101% 1023A
101%
,
102% 102'/2
69%
J-J
1992
series C
1st mortgage 3s
Co
•101% 102'A
M-S
1971
2361
2361
1949
45 A Wisconsin Central 1st 4s
A Certificates of deposit
:V;'/A/4
W
87%
85%
Winston-Salem S B 1st 4s
109
-105 Vi 105%
-
Wilson to
109 *
10G
106
Af-N
,,—1995
Virginian Ry -3s *er JV..
104 %
100
"109% 111
A-O
1958
5s
cons
"100
J-J
103%
3
103 % 103 %
Af-S
103 %
"'"79%
82%
debentures
Wheeling Steel 3%
M-3
..2003
Va to Southwest 1st gtd 5s—
106 %
101'A
85
Wheeling to Lake Erie RR 4s
Gen to ref M 23/4s series A
109 >/s
109
10t
1043/4
Jf-N
30-year 5s
.
2%
series A—1955
.1957
14
p.i 36
'
1950
1951
1960
Registered
series B
105%
102 % 102 7/a
1023/4
vlfay/
West Shore 1st 4s guaranteed
Cons s f 4s
109'A
7.
2014
A
ser
Westinghouse El to Mfg 2»/as
Vandalia RR cons g 4s
High
108'A
105
A-O
1952
1st 4s
4Vis inc
Funding to real estate 4Vis
25-year gold 5s
1031/4
100
23
102% 102'/2
102 %
Af-S
;~8
100
100
Low
2
No.
Western Union Telegraph Co—
98 3A
1021/2
"102% 103 %
M-N
Maryland
Western
10111
103%
973/4
A-O
1C59
Universal Pictures 3%a debs
1003/4
4
m-a
1966
1976
United Biscuit 2%s debs
Western
12
January 1
Sold
.
108ya 108 7/8
/-J
1966
Range Since
Bonds
High
High
104'/8 104 %
F-A
Friday's
or
Bid & Asked
Low
1003,4 100 §3
1003-4
J-J
1947
1976
1991
grant 40
1st & land
"
Sale Price
Exchange
Stock
West Penn Power 3Vis series I
Union Pacific RR—
Last
Period
BONDS
Range Since
January 1
Bonds
Sold
77 of
transacted during current week
.7,7'.'
:'7::77C 77-.vv7;- "-'.7'!'7'
selling flat.
NEW YORK CURB EXCHANGE
RECORD
YEARLY
AND
WEEKLY
tegular weekly range are am
week, and when selling eutelde the
disregarded In the week's range unless they are the enly transactions of the
No account Is taken of such sales In computing the range for the year.
NOTICE—Cash and deferred delivery sales are
in a footnote In the week in which they occur.
list we furnish a complete record of transactions on the New York Curb Exchange for the week beginning on Saturday,
Friday (Mar. 14). It was compiled from the daily reports of the Curb Exchange itself, and is intended to include every security,
bond, in which any dealings have occurred during the current year.
following extensive
.."77 In the
8, and ending the present
Mar.
whether stock or
RANGE
FOR WEEK
MARCH
ENDING
?
14
'
STOCKS—
Curb
York
New
Shares
of Prices
Sale Price
Exchange
STOCKS—
for Week
Range
Last
1
Range Since January 1
/
New York Curb Exchange:
1
■
■
Low
Par
4%
Acme
Acme
Wire
Co
common
Adam Hat Stores Inc
.
Products
Aeronautical
Aero
10%
10%
10
50c
10
"3%
preferred
G Va
6 Vs.
Electric Appliance
3
5%
53/4
Convertible preferred
Great
Alabama
Power
common
Industries
Ltd
Aluminium
American
■v
common
Bantam
Beverage
common
American Book Co—,—
American Cities Power to Light—
i.
ClassA-.J—-——
■
Class
American to Foreign
American
Fork
American
43/4%
Gas
to
to
common
Feb
Feb
Ayrshire
33/4 Mar
4%
6,500
2%
Jan
800
5%
Jan
9
2,000
4%
Jan
6%
Collieries Corp
85
'Feb
91
Jan
,
233/4
33/4 Mar
4%
Jan
7%
9% Mar
11%
Jan
Baldwin
9%
16
72
5%
23 K
Feb
Jan
25
Feb
Barium
80
Jan
Barlow & Seelig Mfg—
Jan
102%
1,050
"
Feb
1
112% Jan
105'A
20 V2
950
18
Jan
24%
Feb
1,200
177
Mar
195%
Feb
20
300
20%
3%
4,700
3%
3%
50 3A
•
Feb
5
33/4 Mar
Jan
83
Jan
70
90
■
Jan
2 V2
900
82
Jan
r
to
Benson
Jan
Hedges
18%
•
300
5°r
6%
3,000
Feb
7%
"23/4
3,400
43%
Feb
54%
Jan
1%
1,400
13/8
Jan
5%
1%
19
18
5 Va
Bickford's Inc
23
Feb
Blauner's
Jan
43%
Jan
Blue Ridge
13%
49
Jan
Blumenthal
51
Jan
Bohack
.
7%
Feb
550
13%
Jan
17
350
15%
34%
Republics
American
Seal-Kap common
Amer - Superpower
Vi
Corp com
$6 series preferred—
i
{!<! American Thread 5% preferred
j<i'American Writing Paper; common
'Anchor
iu
•
i f<*
32%
Jan
373A Feb
1st
preferred
Co
213/4
1,100
21% Mar
24%
29%
,200
29% Mar
31%
Feb
Bourjols Inc
Brazilian Traction
15%
16%
1,000
14%
Jan
16%
Jan
Breeze
3%
3%
4,900
3%
Mar
4%
xl6% xl6%
100
Jan
19 Va
15
44
Jan
35
300
38%
Aeronautical
Brewster
Feb /
Jan
Angerman
Co Inc
36
353A
19%
common
275
31
21%
—5
5
21
57%'
5%
59%
19%
5%
1,000
8%
8%
8
8-
6
6-.
v
;
Feb
23%
53/4
Jan
6%
Jan
13A
8%
•
573,'8 Mar
5
■ft-
,7®/8
;??? 400
6%
•
Feb
Am
8
9%
Jan
Feb
Brown
,Vrv\ V.-':
t
Anglo-Iranian Oil Co Ltd—
b'L,Am dep rets ord reg
£1
1
lApert-Elec Mfg Co mew common.
._1
)
Appalachian Elec PwT 4% % pfd—100
jj.i Argus Inc
1
'.;<r Arkansas Natural Gas common
•
'
M •
;';..r'200
5
Angostura-Wupperman
8%
9
-
-
-
-lieoo
v-1:
\i 1
)'*
'v
class A non-votings
Common
» 6 %
preferred
Arkansas Power to Light $7
Aro
,f
..
4%
43/4
: 7%
1
7'A
5.
;
""
43A
5%
12,109
: ;1600
103A
10 3A
12%
13
700
11%
11
12
5,500
Jan
Feb
Feb
1143/4 Mar
8%
Jan
4%
•
-1,700
103/4
Jan
Jan
6%
1,100
5%
Jan
V6
•
5%
4%
Jan
10%
Jan
11
Jan
112
j
Feb
Feb
21
•
j;t. Associated Tel to Tel class A—
•
t
Atlanta Birm to Coast RR Co pfd—100
'
For footnotes see page
1481
(EL)
Bruce
/ Bruck
(
Silk
Bunker
A
21%
2,200
33/8
900
20
19 Va
160
to
Burry
1
Butler
Biscuit
(PH)
"2%
~2%
33/4
450
"9%
3%
172% Mar
180%
23
35%
Feb
2%
Jan
2%
Jan
22
300
Jan
56%
Jan.,.,'
Mar
143/8
Jan
Jan
303/B
Feb
11
26
45
45
100
10
33
200
16%
15%
20 Va
20 Ve
20%
1,600
16'A
45
;, 33
16 3A
800
4 3/8
4%
Feb
17 V2
Jan;
>
223A
Jan
{
20
Feb
im
Feb
16 %
19%
20
19%
Jan
26%
Jan
Feb
10 Va
Jan
Feb
22
Jan
/ 36
4
200
w-
23% Mar
150'
18
350
20 Va
19% Jan
Jan
43/8
1,500
4
Feb
27%
27 Va
50
27
Feb
4%
4%
.
;
:
42%
16%
8%
8%
11%
n%
12 %e
25e
l'A
6
■
:■
10 Va
Jan
12
10%
Feb
103A Mar
1%-..... 1,200
l3/8
Jan
4%
Jan
-
50
1%
-11
Jan
20% Feb
4%
Feb "
27 % Mar
23/b Mar
21V2
Feb
Jan
9
Feb
47
Jan
Feb
Feb
-j
Feb
Feb
26'A
Jan
123/4
18%
Jan
19% Mar
/
13/a
2,000
6V4-
3,200
19
lVa
Jan
5%
Jan
7
Feb
12% Mar
13
Jan
'
6,500
-
13
800
>
;
11
C
Mar
3%
7%——
.21%
11%
5%
12%
13
Jan
Jan
39
12
1%
18 */2
I8.V2
Feb
Jan
-Feb
Oeble Electric Products common
trust certificates—..
Wireless— " '
"
American dep rets 5% pfd
Voting
Cables
to
,
BOo
60>
"
—61
"33/4
%
200
Jan
3%
Jan
3% Mar
/
Feb
25
7Ve
7 1,600
25
—-
Feb-'
■
,
15%
3,100'
18%
8%
17
Feb
14%
l3/8
4% Mar
// Jan
4
25
23%- 23%
4.
Feb
Mar
20 % Mar
2,900
Jan
Jan
7 %
Jan
1% Mar
Mar
12
'
Jan
131%
37
33
2.50
Corp
Jan
4
55
Mar
Jan
■>:.
8
*
common
Feb
55 Va
15%
*
rets
Jan / '
Jan
®
Sullivan
113A
Mar
"33/8
22%
4%
>113/4
9%
7,900
.
700
"
24% Mar
Jan
800
33
V
Feb
Feb
50
...
55%
#
Feb
FeD
11
11
•
Jan
..19%
35%
3,900
24%
3%
Feb
2%
'
Jan
23
Mar
20
Feb
24%
Jan
126
1
Co common
Mills Ltd
Hill
18V4
1
8% Mar
73/a Mar
300
1,200
3
19%
-iX,;.:.
'
Jan
24
1
Co common
Corp Am dep
7%
20%
20
—
10t
*
Buckeye Pipe Line
Burma
Feb
15
—
•
Distillers
'
Feb
Electric Industries—
American
Rubber
<
111%
5
2.50
dep rects reg
*
Associated Laundries of America
v
7%
10
Equipment Corp
Associated
7%
preferred-*
Ashland Oil to Refining Co
.
—•
•
-
xll2
;
19%
16 % Jan
V' 4% Jan
Forman
Brown
>
'7% Jan
Mar
20%
*1
Ceianese Ltd—
dep rets ord reg—
British Columbia Power class
9V2 Jan
Jan,
•
6
400-
17%
125
—*1
Amer
Feb
Feb
*
dep rects ord bearer..
ord reg
British
■
5%
Jan
7 %
American Tobacco—
Am dep rets
f
63/4 Mar
„
British
-
1,500
8%
63
Jan
700
22
British-American Oil Co
<
Jan
6%
:
'
A
Class
183/8
Jim
5
*
Co common
(
Feb
IV2
/:
1,250
•5%
Feb
*
48,200
573/a
Feb
43%
Jan
12,800
i 500
l%.
13/8
43
Jan
33
>
6%.
6
"l%
.
34
2,300
36%
36
<
6 %
19%
55 y*
*
Bridgeport Gas Light Co
Bridgeport Oil Co
Feb
Mar
11
•
J
Corp common——
Febfc
Feb
Feb
'
18Vi Mar
9% Mar
25
Lgt to Pwr
'
Feb
150
3%
--*
100
common
Scrymser
Borne.
29%
36%
10
2
_10c
•
Co
13
103A
11% Mar
10 3/4
12,600
7%
to Co
(S)
(H C)
21%
•
2
1
Post Products—
common
Jan
38
Feb
42% Jan
~5%
~9%
1,300
Feb
1,000
23%
com_*
3
& Mach Co
Jan
Feb
12'A
19
1
common
Feb
333A
47%
40% Mar;
250
16
*2%
Corp common—
47
41%
172% 172%
3%
450
42
3
1
Furniture
new
49
3%
39% Mar
2,200
<
Feb
6%
—
112%
15
Feb
Jan
31%
20
2% Mar
34%
Jan
35%
24%
700
7%
37%
1103/4 Mar
2%
27
7 / 100
19
50
48
Feb
25%
~5
"B'/s
16%
22,600
2%
Jan
16
34
63/4
40%
39%
•
American
common
Birdsboro Steel Fdy
13A' Jan
Jan
18
1,250
Feb
7% Feb
18'A
5
1
1
1
2.50
1
1
100
*
*
1
$3 optional convertible preferred—•
Blum (Philip)
& Co Inc
1
.47
21%
Jan
i
.
111% 111%
393/4
11%
11'A
Jan
45%
i//
preferred
Berkey to Gay
51% Feb
Mar
Brillo Mfg
'*
1
1
Corp
convertible A common
Basic Refractories Inc
Bauman (L) to Co common
Beau-Brummel Ties com
Beaunit Mills Inc
Beck (A S) Shoe Corp
Bellanca Aircraft common
Bell Tel of Canada
Feb
24
181
Steel
$1.20
Feb
22
20%
44
1%
300
"
Jan
Convertible
44
Jan
3^%
113A
1
common
13
5,200
50
80
General Corp common—_10c
preferred
1
convertible preferred™
1
American Hard Rubber Co
25
American Laundry Mach
20
American Light to Trac common
25
6% -preferred
25
American Mfg Co common
25
American Maracaibo Co
__1
I
American Metal Products Co—
2
»/ American Meter Co
•
ivr
Co
Rubber
de los Andes—
American shares
15
50
v
104%
103
3'A
convertible
II
-30
preferred
69'A Mar
250
19Va
69%
80
25
8%
40%
39%
Locomotive—
Baldwin
200
4
3V2
1
1
100
•»:/ 600
12
11%
•
Babcock to Wilcox Co
2,800
3%
177
20%
7%
Feb
9
/
B
Mar
108
Jan
106
370
•
\
Feb
38
Feb
110%
177
7%
Jan
-V
Jan
32%
'
•
*
7
600
Feb
37
Jan
:25
25
Jan
6'A
16
103%
5Va
30% Mar
3,000
Feb
7
'
7
5% Jan
6%
91
9%
623A
;
Jan
55%
Feb
Jan
"3%
—
High
Low
7 6% Jan
20,700
5%
33
7%
5
25
1
Avery (B F) to Sons common
6% preferred
12 3/4
$2.50
American Potash to Chem class A
Machine
15
12%
100
19
69%
100
p7 i Class B —I—L~
j
30%
1
~*
Products
Voting
5'A
30%
;•
■
,:/'// 200
59
~53/a
1
Banco
American
$2
—
Automatic
Feb
33/4
9%
3%
—
10
Electric
preferred
3%
—
900
: 7%
57%
Corp
4-;:4r4..yj.
High
7%
7'A
'—50
10% Mar
500
•
Co common
10
Power warrants-
Hoe
1,200
Automatic
3%
—
1
B
American Cyanamid
133/8
11%
86%
91
•
Car Co
Jan
3
2% Jan
1,200
Feb
11%
Atlas
•
Low
Par
—.1
Line Co
Coast
warrants
Atlas Plywood Corp
/283/4 Mar
Mann
38
100
common
American
8
Atlantic
Feb
3%
Southern
4.20% pfd
$3.75 common preferred
Aluminum Goods Mfg
Aluminum
Jan
3%
13
50
100
Alaska Airlines Inc
1
Alles to Fisher common
1
Allied Int'l Investing $3 conv pfd_—•
Allied Products
(Mich) common
5
Altorfer Bros Co common
•
Aluminum Co common
—
—•
6% preferred
ion
Alabama
23
2% Mar*
5
1
2
Mfg Corp
convertible
50
123A
Jan
c
//■'"
Fisheries
Coast
Atlantic
5% Jan
4Vt Mar. /
9
'•(,»
9
8
8%
High
2,100
28
33/a
Investors common
C Air-Way
1,000
"3%
—
60c
93/4
27
28
1
•
Supply Mfg class B
Aireon
'44100
—1
Inc
Agnew Surpass Shoe Stores
Alnsworth Mfg common
Air Associates Inc (N J)
Air
9%
1
10
1
Alloys
Aluminum
4%
9%
ACF-Brlll Motors warrants
:
Low
High
;
Vv.'.'
Range Since January 1
Shares
of Prices
Sale Price
//' /■.''
for Week
Range
Last
-
Sales
Week's
Friday
Sales
Week's
Friday
Jan
Feb
3'A Mar
'
1478
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB
RANGE
Friday
Week's
Range
Last
STOCKS—
Sale Price
Curb Exchange
New York
Electric
California
Callite
1"
Power
Camden
High
■Low
~9%
9%
1,600
9ya
4%
4%
1,000
4
voting
Class
B
non
10
Jan
5%
Feb
22%
20
Jan
voting
Eastern
12% Mar
15%
Jan
700
12
15
Jan
12%
Mar
Carman
&
Co
Carnation
Carolina P
Carter
pfd_
Co
2%
3,100
45
775
8%
600
29%
30
47
16%
16%
11
•
15%
1
common
Products
Castle
(A
Catalin
Csnt
M)
10
Co
ft
Corp of America
Maine
3.50%
Power
1
Pow
1
4%
pfd
Central & South West Corp
,
ICent States Elec 6%
7 % preferred
Aircraft
Chamberlin
Co
Co
—5
100
100
11
7%
7%
AUi,
14%
20
Jan
Feb
11
Mar
7% Mai-
9
Jan
100
38% Mar
43%
Feb
4,700
14%
Elliott
13% Mar
17 Ve
Feb
18
19
Jan
96%
Jan
20
Jan
102.
101
10%
10%
11%
8,100
11%
16%
16%
18%
175
16% Mar
23%
Jan
64
64
67 'A
330
64
79
Jan
37/a
1,800
Mar
18%
3%
3%
10
200
12%
0
22
22
22%
250
21
Chesebrough Mfg common
Chicago Rivet & Mach
10
71
71
72
100
70
15%
15%
100
14%
Co
1
preferred
10
173%
•
Controller
Clarostat
Mfg
16%
•
1%
126
270
.
Engine ft Airplane
Brewing,
Fansteel Metallurgical
Fedders-Quigan Corp
Fire Association (Phlla)
First York Corp common.
$9 rilv rum pfd
Fishman (M H) Co—
-V to $1 Rttvrtm.
Jan
Mar
148
Feb
Feb
200
•350
32%
10
177
Mar
15%
Feb
Feb
11%
Jan
Jan
19
3% Mar
1
3%
Clayton ft Lambert Mfg
4
14%
14
14%
800
•
41
41 y8
2,350
40 V\
Jan
100
80
250
66%
Jan
90
Illuminating
Corp
Clinchfleld Coal
Club
Alum
Products
Cockshutt Plow Co
Colon
Co
Mills
11%
3%
7.50
.
10
30'/a
30
Commonwealth ft
;—,_25
31%
Vtc ext
to
$3
12,300
2.150
%
M
33%
1%
1%
1%
200
-
1
9%
10%
-
Consol G E L P Bait common
preferred
4% preferred series C
Consolidated Gas Utilities
100
Consolidated Mining ft Smelt Ltd
Consolidated
Royalty
Consolidated
Steel
9
75
X76
500
Xll5% 116%
i40
Oil
8
8%
8%
9
76%
76%
79
7
Jan
"34%
1% Mar
Feb
10%
2
75
Mar
83%
118%
Jan
110%
85%
Feb
Jan
Feb
34%
1
X15%
X15%
16 y2
xl5% Mar
19%
•
5%
convertible
common
50
(ord reg)
Creole Petroleum
Croft Brewing
81
8
;
i
v
Crosley Motors Inc
Crowley Milner & Co
Crown
Cent
Petrol
5%
1
(Md)
8
Jan
x6
Jan
11
%
Jan
iya
Jan
15%
12%
12%
1,100
12%
Feb
3%
3%
900
3V\
Jan
4y8
37%
38%
425
Jan
40%
Feb
7%
7%
100
27%
2
8%
28%
400
9
25%
2
5
5%
18 %
100
5
5%
8%
2,100
1,800
5
2
2'/a
400
24%
4,700
106% 106%
5
150
—
5
29
22%
100
Tobacco
Curtis
Lighting Inc
Mfg Co
common
•
common
22%
13%
(M<g
8
13%
14
13%
13%
Jan
31%
.350
6%
12
Davidson
Hosiery
Brothers
Mills
Dayton Rubber Mfg class A
Dejay Stores common
Denniaon Mfg cish
8% debenture
Derby Oil Co
a
7%
conv
Co
common
5
a
i
1
12%
Jan
10%
-50C
6y*
Jan
20
Jan
2yz
11%
"6%
-1
Dobeckmun
common
CO
10%
ll'/8
2,600
w*#..
14%
Dominion
Tar
Chem
Driver
dep
Durham
Duro
Duval
19%
19
19
12%
153
11%
1,400
31.
31%
300
"6%
~6%
16
700
13%
14%
Ltd
73%
ord
reg
104
Texas Sulphur—
For footnotes see page 1481
.
•
14%
Jan
11 Vo
2,100
33%
Jan,.
V?
<
25
38%
Feb
12%
9% Mar
50
24%
■
«.»»78
Jan
,v
*
>■
Feb
29
Feblh
Jan
78
S
,•
Jan
27
Jan
37%
Feb
Hammermlll
16
Feb
7% Jan
19
20%
6
9
<
3
3%
-.41
Feb
104 Va
Feb
7
Feb
3
,;
1,000
•
26%
-19%
Feb
,-4% Jany
1,100
5ya
25
V 11%
Feb
102%
700-
,
Mar
17
t
L'Z
6%
-
Jan
25
.
,
v
25
•
26 Vz
22
22%...
96
96
3',
1
com
•
Feb
r
Jan
*
104
.
..200
.
28 V2
Jan
89
Feb
Feb
106
?
Jan
"25%- Feb
Jan
3>A
230
95
;?
89
,10
Jan
5%'Feb
19% Jan,
4,800
.
3%
89
9%
24 /
-
—
22%
Jan
<
9%
Feb
3%
600
100
Feb
Jan
Jan
8»A
,
Jan
32%
14
:
7% Mar
^
,
Feb
6'/2
Mar
13%
2,300
—.ee'.V
'
3%
-
?.
4% Mar
450
.
"7%
7%
96
Jan :
Mar
4c;;
Mar
Jan
98'%
Feb
•
•
115
•
—
..1
75
*
113%
—
Jan
115
Feb
110%
110% Jan
,
Jan
Feb
6%
5%
6%
1,100
19%
18%
19%
500
18% Mar
22%
Feb
53%
53%
16
130
53%
Jan
53%
Feb
100
16
Feb
17%
Jan.;
16
5%
•
29%
_2~50
20%
20%
17%
17
,
1
12%
Jan
5
18%
Jan
16%
Feb
18%
11%
Jan
14% Mar
500
13
4%
'■
%
15 ya
100
4%
4%
700
15
15 %
1
common.
15
■25
Mar
27%
10
;
Jan
32
Jan
104
1
11,200
44%
Mar
103"
20
iya
Feb
26
500
103
1
J a,n
..'5%
61%
57
.
Feb
Jan
17
4% Feb
•
103
i
,29% Janjj
800
2,500
22
17%
12%
6% Mar
*
Jan
Jan
Feb
Jan
1%
44% Mar
45%
Jan V-
*
50
A
Jan
•
10%
10%
11%
200
10% Mar
15%
Jan
10
common
58%
58 %
59 >A
200
58
Jan
62%
Jan
13%
14'A
900
11%
Jan
17%
Feb
9%
Feb
pfd—25
conv
1
~8%
5
Pacific
ft
44%
12%
v
1,200
13
—
101
8
*;
Jan
10%
800
.
.200
Jan
138
40%- 42:
13
13%
100
120
104%
136
,
__
.100
25
Products
8%
8'/2
12
14
,
*
Feb
Tea—
135
common—25c
...
Jan
109
Feb
138
Feb,
.
-
Feb;
—
39%
Jan
13
Jan
15%
-114%
1,000
200
,
I
44% Jan
112% Mar
40%
,
15%
-
Bridge
Co
Ltd
Paper
•
••!»•••■ .^10-^10Vz,
•
7'/a
10;
Hartford Electrlo LlghUl—
-25
Hartford Rayon voting trust ctfa——1
31
;
Feb
Feb
Hazeltine
Jan
19%
4%
Jan
Hearn
Jan
33%
Feb
flecla
Feb
Helena
Corp
12 y2
Jan
17%
Jan
24%
Jan
89
Jan
94
Feb
8%
Jan
i
Feb;!
f;'l5 %-Feb
Feb
Stores
Mining Co
common
15
15.
13 Va
12%
—
i
Rubinstein
Class
Heller
*
A
Co
23'A
—*
;
common
—
2
xl2
Feb
A.
10
t-1105
1
Feb
Holllnger Consolidated G M
5
9'A
Holly Stores Inc
Holophane Co common
1
iVz%
4%
6%
Feb
15%
Jan
preferred
preferred
(R)
Chemical
&
w
4 Va
Jan
15
Jan
2,300
12 Va
Jan
21%
Jan
23 V*
24
y 225
15 Va
16
400
common
•
30
17%. Feb
V
V-
.
\14y4
Mari;
29
2,400
27 Va
54'A
1,450
49
9%
1,500
5%
5'/2
24 y2
25 »A
350
'
Feb
X35%
Mar
54'A
9 % Mar
•300
24'/2
,
Jani ;J
Jan
85
15%
28
V5%
107
Jan
53
9'A
Jan
25 A
Jan
53'/2
300
10%
Mar
Feb
Feb
Mar.,
FebJ '
5y«
-i'
-
12%. Feb1!
8%
12;
28
/
.
83J/2
85
11
..1
Mart
liy2 Mar
85
—
1
Feb
9
15 y8 Mar
700 .V
11'/2 xl2
105
100
common
Co new class
.
Feb!
9
'
Jan
10
100
w
ww
Henry Holt ft Co
Hoe
Jan
;j#y5:"'^Feb
3% Mar
8% Mar
500 y
Feb;!
34% Feb
70'A Feb]
"Mar
3% Mar
600
12%
^ 8% Feb
Jan
-700
•
Mar
Jan
■■}<■
13%
48
5%
61-
;7 -
j
* Jan
Mar
7%
10%
105
14%
y
.400 4
16 V*.
10'/a
Feb
400
30
3,400
9
10'/a
Jan
15%
•
—5
Jan
900
8%
.
: v
Dept
71%
5%
'
;
7
30%
-1.
—
101
Jan
500
3l/2
3'/2
9
;
150
61
^3
3%/ 4
3%
3%
*;
400
7%
33'A
;
25o
—
Feb
Feb
.y <7
31
61
Brewing Co
1;
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc
1
3%
79
700
H
Heyden
15
11% Mar
——
•
Hsll Lnmp
Hamilton
Jan
100
i:
I
Feb
16
11%
—*
Feb
—
5%;
Feb
LO
Gypsum Lime ft Alabastlne
3%
•
5%
Feb'?!
Jan
31%
~r
-1
Corp
class
Stores
12%
JE1
commor
common
2%
10'A
Jan
JE1
100
13%
75
Feb
8% Mar
--
5
preferred
Inc
Atlantlo
Grocery
400
325
|1
Jan ' a
26 Va
25
.
—
44
Xl03
2%
__
100
__
\
25
Inc.
Inc
6,100
2,700
„
8%
;■ 9%
10%
Coal
Mfg
33%
3%
Feb
..
300
.3%
Mfg Co
Jan
Jan
Mar
29
26
Jan
15%
20%
21
Jan
19
-
'
B
10%
•
y
V;
Feb
11%
17
Jan
6%
11%
Feb
Vz Mar
6% Jan
"
8%
Jan
14
y
Jan
Feb
18%
25
mm'L,
Jan
14
m-m*
5%
28
6
Gulf States Utilities $4.40 pfd
Feb
13%
Co.
rets
1,200
18%
--
■
__1
Great Northern Paper.
Jan
10%
Jan
3%
Co
Corn
38
Jan
72
Hosiery class B
Test
'
24'A
Co
20
2,000
<
Gorham
Jan
11%
15%
Dunlop Rubber Co LtdAm
8
11%
700,
Jan
6%
——
Gorham
Jan
100
—
Harris
Power
37%
800
17% Feb
Draper Corp.
Duke
-
1,400
Textile Co Ltd
ft
>
12%
3%
'»*■?<•
Jan
Jan
6%
6%
-
.25
Graham-Paige Motors $5
Grand Rapids Varnish
Gray Mfg Co
Feb
12%
'
11
Feb
2%
43%
,
Sugars class A
Goodman
Feb
3%
3
Feb
Feb
Mar
22%. Jan
7
Jan
$4.50 prior preferred.
Consolidated Mines.
Jan
12%
15%
common
2% Mar
Goldfleld
Jan
8
Feb
6,900
-
(Adolf)
Class
Feb
17
10% Mar
152
2%
Supply Corp..
Harvester
Godchaux
Jan
Jan
Jan
14
64
2%
9%
Co
Alden
Gobel
Feb
26%
Jan
Mar
51% Mar
Jan
Harvard
Domestic Credit Corp class A
Dominion Bridge Co Lt
Dominion Steel ft Coal B
Dominion
35
Jan
12
150
.100
pfd_.
Globe-Union
Feb
107
Jan
18
6,500
50
.
Glenmore Distilleries class B.
Feb
33
Jan
Glen
Feb
6%
7'/a Mar
8%
Jtl
Corp
•
13,500
-
40
mm*
Shareholdings Corp
Gleaner
Feb
12%
"5%
31
'
....
—
Gladding McBean ft Co
Feb
Jan
33
900
•v ;.v.
\
dep rets ord reg
Divco
10%
inn
anmmon
Ltd—
7%
§Qe
Reynolds Class B
Diana Stores Corp com
Am
25
•
ft
Distillers
35
38
Detroit Gasket ft Mfg new com
Detroit Gray Iron
Foundry
Detroit Mich Stove Co common
Detroit Steel Products
Devoe
35
i
18%
12%
54%
1
Non-voting common stock.
1%
1st preferred
i iq
Inc
9%
3%
25
18
Inc.
Yellowknlfe Gold Mines.
(A C) common
Great
Davenport
Jan
125
1
Publlo Service $6 preferred—*
Gilchrist
Feb
13% Mar
250
16%
7%
200
Gilbert
Feb
2%
14%
22% Mar
2.50
Jan
common.
convertible
Giant
Jan
Jan
Mar
106%
Corp
conv
$6
Feb
7 Vz
Jan
2%
10
Co
A) Cn
stock;
Preferred
Jan
16%
'
% Mar
23
«.*,
Georgia Power $6 preferred
$5 preferred
Jan
Jan
10%
600
18
4%
14
7% Mar
3,700
8%
5
3 % Mar
5,100
2'/a
11%
(
10%
conv
General
Feb
2
3
500
12
1.25
pfd
conv
General
Feb
27%
600
6,800
24
52%
1
/ :
Flreprooflng common
General Outdoor Adv 6%
pfd
General Plywood Corp
Jan
12%
36
87/a
'3%
23%
bearer
General
Feb
900
38%
8%
3%
..
—
Brmrlng f!»>
Brewing
Warrants
Feb
2,600
--
Jan
41
e
dep rots ord reg.
General Finance Corp common.
5%
preferred series
Feb
9%
1,100
5ya
preferred
Curtis
4%
1,250
3%
i..
Sugar
Cuban
'
41%
1,400
1,
13%
♦
Crown Cork International
Crown Drug Co common-.;
Crystal Oil Refining common
$8 preferred
Cuban Atlantic
Jan
5%
10%,
%
;
:
Feb
30
19%
e
Amer
Jan
13%
1
preferred
3
>3%
Courtaulds Ltd—
American dep receipts
Jan
9%
12%
-2%
>
Gen Electric Co Ltd—•:
Feb
»
Feb
40%
...
(Om
5%
Feb
.
]g Mar
t
.
Gen Builders
Feb
11%
Petroleum
-
■
Feb,
>
Power Co common
5% ^preferred.
Gellman Mfg Co common.
General Alloys Co.
Jan
Jan
Cosden
50
Gatlneau
Jan
9%
2%
•
v-v.
12
19%
£1
reg
non.vnting'
voting.
Simon ft
Garrett
Jan
8%
.1
ord
rets
dep rets
4%%
Feb
26%
5c
1
28
6,000
{'n
29
Jan
1
fPr.ter)
Franklin
^ Jan
43
200
common
V2
•
Jan
Cook Paint & Varnish Co
^
Amer
Jan
3,900
1,500
Corroon & Reynolds
$1 pfd class A
9
'
mm Jan
^
V
2,600
Core Inc
500
Feb
Jan
Jan
2%
•
Mar
32
;■
•
47'A
Jan
Feb
2%
Jan
33%?Jatfi
2%.
100
B
Fort Pitt
,.
10%
36
12
1% Mar
1
Feb
27%
5
111
Jan
Mar
Motor of France—<■
Feb
34%
2%
36
2
1JS
2%
1
10
10
10%
29
16%
10c
*
26%
1
r
f
y
Feb
1
2,900
>
Mar
;*
50
8%
-.mm
58.600
i
Feb
22% Mar
'
108%
V
.j./'
27
">
<
12%
m
.10
Fuller
10 y8
•
f*'
.
Jan
;
Feb
Mar
4%
Jan
<
.
Feb
21
53
,
1
-
Franklin Stores
27%
Cooper Brewing Co
<
'
50
10
■'
-;y
•
Feb
•
; Copper Range Co—.
Cornucopia Gold Mines
2
48
8%
Feb
10o
Corp common
Co
10"."
3Va
4%
Continental Fdy ft Machine Co
Consol Textile
;
I
—
35 y2
8!/2 Mar
76 y2 Mar
1,350
10
'i'
•*'
1%
50
1
.
,
11%
115% Mar
1,700
A
Class
Feb
109
—
rnrnlm
18
45
V
Jan
Feb
7%
Jan
J
Jan'
Feb
•»
148
<
Feb
16% Jan
125
,
74
,
Jan
3%
1,350
74
•
-
1%
2
Jan
1% Feb
100
1,
Class
Ford
Jan
41
•
B
17
Feb
fit
.
•'
Jan
5%
4,200
^
mm-''
■■>.
29
25% Jan
5% Oah
25% Jan
9%
25%
21%
Feb
1,400
130
'
V
300
50
Jan
•
common
Jan
Feb
9%
'•
•
series
3%
%
23%
*mm»
100
4
3%
19%
Feb
2,200
19%
47%
13%
27,600
*
"
1
preferred
4%*
6ya
32%
33%
25
1956
Conn Gas ft Coke Secur
2,700
•
'.-■17%
.
3%
15% Feb
Jan
10,600
31%
31%
11%
3,200'
5%
Southern warrants
Community Public Service
Community Water Service^.
Compo shoe Machinery— -
200
4%
10%
6
;
Arms
3%
10
1
Inc
11%
dep
Ford Motor of Canada—
Fox
Colorado Fuel ft Iron warrants
Colt's Patent Fire
83
2% Mar
9% Jan
8'/2 Mar
•
Airlines
Colonial
3
—•
common
Development ordinary
Colonial
2%
Am
Jan
44%
common
Electric
'"
k
800
Ford Motor Co Ltd—
Feb
3%
Cleveland
•
Feb
r
_
2,000
15,600
•'
_
*'
•.<.
5% .>•6
Jan
Feb
50
Mar
Mar
19%
-I
Fairchiid
Jan
15
1
72f:
67
Jan
8
14
20%
Fftist.ftff
1% Mar
171
3%
44
1,000
29,000
23%
1
Fairchlld Camera ft Inst Co
<17%
10%
—
1
Feb
Jan
17
150
.
8ya
14%
i_
lo
Jan
Jan
3%
'Jan;
\v8
48
Corp Ltd
15%
230
10%
Jan
57
•'-•14
.
.
1
Eureka Pipe Line common
77 y2
Jan
15%
61
175
Jan
6
Jan
15%
3%
46%
100
•
Jan
Feb
100
15%
60
Jan
10c
Jan
Jan
10.%
64 1
Jan
2%
Feb
Jan
1
Feb
pfd—100
14
23%
11%
2ya
10
24
153%
154
1,400
50
Jan
6,050
—1
Co
Co common
25
166% 169%
167
2Va
2%
Jan
34.900
8
43% Mar
70%
1
Mar
121
Jan
*
Ino
Jan
iy*
35%
70%
1
-
10,100
250
Jan
27%
29%
167% 173%
16%
16%
10
Co
Claude Neon Inc
121
28%
"
preferred
60c
preferred B
$6 preferred BB
City Auto Stamping
City ft Suburban Homes—
Clark
124
100
common
$6
'
1%
100
43%
Feb
4»/2
Jan
Corp common
Cherry-Burrell common
Mining
23%
19
13
4
22%
Feb
•3%
23
Consolidated
Jan
Jan
19
1
Jan
67%
43
14%
National Watch Co common—15
Eureka
j&n
Feb
•
Derrick ft Equipment
Corp common——
$3 convertible preferred
Esquire Ino
Feb
4'A
97%
62
•
Equity
Jan
10% Mar
3% Mar
x90% Mar
800
i5%
preferred
;
Empire District Electric 5%
Feb
13
Service
Elgin
"
500
375
46
,46
48
;—8
Corp
Electromaster
3%
65%
58
warrants
Electrographlo
Feb
16%
900
High
92
63%
Emsco
90
13
3%
■
2 V$
*
•5%
23
5 Chi Id s
Option
10
39
13%
Low
X90%
43%
-
formerly $5—
formerly $6
Electrlo Power ft Light 2d pfd A
600
7%
Range Since January 1
High
x63%
.25
pfd
pfd
$4.20
Mar
5
Cities
$3.50
Jan
117
100
38%
>
49
Feb
100
Charis
Chief
Jan
Jan
Iron.
Electric Bona ft Bhars common
15% Mar
—100
1929—
common
America
of
32%
3%
90%
100
——
Corp
'
.
Easy Washing Machine B.
Feb
43%
1,500
100
preierred
Conv pfd opt div ser
Conv pfd opt div ser
Cessna
10'A
29% Mar
100
Lt
ft
Jan
Co—
preferred
Central Ohio Steel Products
Central
Jan
States
—100
$7 preferred series A.
Mar
115%
1
com
3
45
Jan
6%
200
"
Casco
38%
'
300
46
2% Mar
*
-
•
Co
Biscuit
(J W)
8
46 y2
*
common
ft L $5
Carr-Consol
2%
43%
8
10
common——
Co
2%
44 %
Shares
Low
$6 preferred series B.
Eastern Sugar Associates—
$5 preferred-
•
1
•
——1
Canadian Marconi
Capital City Products
Carey Baxter & Kennedy Inc
of Prices
•
common
prior preferred
6%s preferred
Eastern Malleable
,..100
preferred
Gas ft Fuel Assoc
4%%
12
*
—
East
Canadian Industries Ltd—
1%
Sales ?;,
for Week
Sale Price
Exchange
Par
Feb
Jan
500
4
Curb
Feb
12'/a* I2V2
:
>
New York
Jan
20
—
Range
Week's
Feb
22%
•
6% % preference
Canadian Industrial Alcohol—
A
7%
Jan
4%
Canada Cement Co Ltd common
Class
Jan
———*
Ltd
Last<
High
6%
~9%
v
'
Friday
STOCKS—
Range Since January 1
20
Insurance
Fire
.
1
Tungsten Corp
Canada Bread Co
Low
14
Sales
Shares
-1
Estate
Sugar
EXCHANGE
ENDING MARCH
for Week
of Prices
Par
Calamba
FOR WEEK
Monday, March 17, 1947
Jan
6%
Feb
23%
Jan
27%
Jan
-
Volume
Number 45V7
165
1479
CHRONICLE
THE COMMERCIAL & FINANCIAL
it
r
EXCHANGE
NEW YORK CURB
RANGE FOR WEEK
Week's
Friday
Last
STOCKS—
New
York
Curb
Exchange
14
Friday
Sales
Range
Sale Price
ENDING MARCH
Shares
Range Since Jannary 1
;
Par
Horder's
Low
L010
High
Inc
(Geo A)
& Co common
Horn
&
Hardart
Baking Co
Horn
&
Hardart
40
common
(Harvey), Inc
Oil
&
Lock
40
41%
Mfg
40
250
stk
150
Jan
33%
Feb
5,000
58%
Jan
61
Feb
Metal
3,500
25
Jan
32%
Feb
7%
26
11%
purch warrants
.—1
09
1
11%
46
ft
9%
47%
3
3%
Hygrade Food Products.
Jan
Jan
45
Jan
300
ft'
40
•
3
600
40%
Feb
10%
2,600
O 150
ft
Feb
47%
VI 7b
425
13
8%
28%
Jan
-
.
,r-15
Feb
.10% Feb
Mar
40
Micromatic Hone Corp..
Feb
3%
u.
49%
Jan
Middle States Petroleum
Feb.
Class B
Jan
t c
v
West
Middle
Midland
Corp
Oil
.Power Co cnmm'nri
i%
preferred
conv
*
29%
50
29%
63 VB
63-
63%
17%
19%
31
Feb
67% <Jan
64
Jan
16%
Jan
18%
Jan
Jail
21% Mar
2,100
18%
Jan
17
600
17%
18%
'
27%
3,500
'
*
-
29 V4
17%
Dividend arrear ctfs
Illinois Zinc Co common
_
850
Imperial Chemical Industries—
Am dep rets regis
Imperial Oil (Can) coupon
...
Ireland
-12%
11%
100
11%
?, Indiana
Service
6%
7%
preferred
Insurance Co of
International
pfd
12
__if
5
12
14%
—
14%
Feb
14
Feb
ft 12%
Jan
•14%
Cigar
105 *
Machine
_•
Petroleum
A
coupon
Feb
21%
Jan
Jan
109%
Feb
International
Utilities
Interstate
Power
Investors
Jan
19%
£00
13%
13%
13%
14
13
*
.15
.*
Feb
$1 conv
Products—
'
28
"'*■
,^-
Co
13%
--
Jan
Jan
i
*
;5Mi
I0V2
11%
12
400
11%
17%
900
16
ft
ft 12%
Feb
ftV?'-.
3%
21V4
23
10%
10%
31%
30% X31%
400
1%
Jan
21%
700
19%
Jan
6%
6'/4
800
5% Jan
Class
A
&
400
1%
.
11% Mar
Feb
23
'
—
19%
3,600
6%
18%
18%
300
6% "
~3%
3%
4
11%
11%
•
—
1%
26
26
;
>ft 22%
Gas
&
Elec 7*
pfd
■
500
Jan
6%'Mar
3% Feb
9%
4%
Nachman
Corp new common.
common
Key Co common
Kldde (Walter) & Co
.
22% Feb
7%
-
_
Hess
Jan
7%
6% Feb
ft.9% Feb
Jan
125%
Mar
ft
Feb
26% Mar
200
22
300
18% Mar
26
Jan
Feb
9
1
Fabrics
Mallinson
National
Jan
14%
109
100
60
60
14%
15%
1
4%
10%
10'/4
110
<
111%
Feb
87%
69
Jan
17%
Feb
•"68 ft Mar
13%
800
Jan
1,500
4%
3,500
11
7% Jan ft'
•
6
Jan
:-ft Feb
12%
•
Feb
'
ft Klrkland Lake G M Co
ft Klein
r
(D Emil)
Kleinert
Knott
(I B)
Ltd
—1
Co common
Rubber Co
.
-1%
6,600
'
9V4
15%
9%
9
16%
15%
15 % Mar
800
Feb
23
;
Jan
10%
Jan ft'
-.
Feb
19%
Feb
20
Feb
25^
17% Jan
400
1,400
22
X21%
!
—
1
Co
Jan :ft
ft23::v Mar s-ft
1
Brewing
l.ft
1A
1
Corp common
Kobacker Stores
Krueger
*iV
•
10
—
Shore
Mines
Foundry
Lakey
Lamson
Corp
Lane Wells Co
Jan
-18 ft ' Jan
Prior
15%
15%
300
l&y8
Feb
Jan
8
Feb
-6%
Jan
9%
Feb
15 %
Jan
16%
Feb
Jan
34
Jan
30
Jan
Oil
14%
10
1
14% Mar
6% Mar
100
10
10
1%
1%
.23*' '-Mar
29
Jan
15% Mar
18
Feb
23%
50O
•23ft "Mar
26 Ms
Feb
Jan
32%
Jan.
8%-Jan
!~9
';
24%
7%
ft--'
18
18
9'/4
1
preferred
A
ctfs of
dep
preferred
B
ctfs of
dep
St
Exploration
St Light $6 pfd
Lynch Corp
78%
.ir.
,
'
\-t ft.
•
;
,
—
13
1
'
35,500
72
25
12%
•
79%
72
;
13
7,400
•
i8ya
i
2,000
39
Jan
22%
100
35% Mar
2,400
4% Mar
5%
Jah
Mar
2%
5
r
1,600
3,000
4,350
80
10
133
133
133
23%
20%
21%
21%
11%
11%
100
14
14%
200
6
6%
400
11%
.
_
Stores common
Pressure Cooker com
♦
6
3%
Feb ft
Feb.;
ft
Feb
12% Jan
1
Steel
Ltd
Car
13
14
800
13
ll7/8
123/4
800
11%
11%
18%
18%
26 ft
'
11%
13%
13%
8%
5
8%
—•
Mining Co
Park
New
New Process Co
common
.1
——1
—•
.
5%
6
4%
*
2
N Y Water Service
6% pfd
1
100
3d preferred,.———.100
0
class B com
*
Niles-Bement-Pond
Nineteen Hundred Corp B
Nlpisslng
Mines
$6
61
Feb
617b
Jan
4
Jan
ft: 6%
1% Feb
2%
300
.
25
10
43
;•
550
50 :
8 Mi
17
12%
900
10Ma
ii3%'
13 Mi
Feb
63
Feb
Jan
Jan
9
Mar
Jan
124
113% 113%
200;
111
Jan
117Ma Jan X
1
'
1
600
6,400
Jan
1%
9
6,800
.1
9%
ft
13
Mar
.10%
1
9%
9%
Feb
14,700
8%
171
——•
172ft
36%
36%
class A
200
i
.
,100
13%
Jan
1%
2
•~4
10 Mi
300
6'%
97%
98%
108
108%
97%
108
10
1,200
10%
6%
3% Jan
6%
.
.
320
125
fi%
97%
108
7%
Jan
Jan
98 Ma Mar
Jan
58
Jan
51 Ms
1,750
46 Mi Mar
42
2,100
37
500
Feb
13
110
39%
2,800
Jan
5% Jan
Feb
Feb
46%
9%
Feb
40
Jan
46%
30 %
Jan
ft
Mar
40
7
Jan
40%
36% Mar
100
ft4
Feb
Feb
Feb
176
3 5 Mi Mar
common
Jan' ft
li y8
7% Jan
Jan
Sugar optional
Mangel
Stores
Manischewltz
warrants.
common.
(The B)
1
——
M"
•
Co
46% Feb
Jan
f
Novadel-Agene
9
ft 9
30 ft
•
Corp,—
>
.
9% Mar
' Feb;
31%
Feb
30
Mar
.11 %
Jan
1%
Jan
2
Mar
31
Jan
3 7 Ma Mar
115% Mar
40O
•112
Jan
32% Mar
500
;ft«% Jan
O
Jan
Jan
30
Jan
71 Mi Mar
82%
Jan
14%
Feb
Mar
Jan
>
Feb
15%
Jan
111
Corp
Ogden
113
Jan
19%
2%
.
15%
,
2%
16
600
Feb
Feb
4%
Ohio Brass
Power
Ohio
Oklahoma
common
Co class B
4%%
Natural
50c
common
preferred
Gas
new
com
Poindexter
Omar
Inc
3,900
35 >/4
ft 400
115%
20
33
6%
......-•
1
O'okiep Copper Co Ltd Amer shares
Securities
2%
35
115
33 ft
ft
35
15
1
Distillery
Oliver United Filters- B—
Old
*
100
2%
.
2
6%
-7
12
14%
100 I
13%
13%
12%
2% Jan
3 7 Ms
Jan
8% Feb
Jan
12 Va
Jan
13% Mar
Jan
15
10% Jan
12 Va
Feb
14% Jan
16
Feb
500
12 y4
14%
1,200
400
11%
1
HVa Jan
12%
Feb
Jan
15'% Mar
ft
500
20%
Jan
2%
'*
—
*
•
Consolidated Mfg Co
Mapes
2%
*
-
47
—"ft
—
-
50
—
——
—
300
47
Mar
K
Communication
Marion
Power
Co
.,.-55.-
Jan
Massey
Harris
McCord
Corp
$2.50
McWilliams
Mead
ft---
tl
Shovel
»
v
t o
common
common
!
preferred
.
St
Co
For footnotes see page 1481
8%
9%
1%
9
1%
.1
ft 1%
:
ft
17%
18%
17%
19%
•'
10
.1
ft'
29 %
10
•
29 y4
10%
31
800
2,200
Mar
10%
Feb
Pacific
Feb
1st preferred
Lighting $5 preferred
Light 7% pfd
Public
Service
Jan
Jan
.20%
Feb
Jan
21%
Feb
39%
Jan
45
Feb
9%
Jan
11%
Feb
Paramount
29 y4
Feb
33%
Jan
Parker
1st
Pen
413/4
1,000
39 7b
Jan
41% Mar
37%
38 %
300
35%
Jan
38 Mi Mar
103 Vz
110
103
Mar
105
114% 114%
70
113
Jan
115
Feb
12
Feb
15
Mar
103
!Ioo
114%
•
preferred
Page-Hersey Tubes common
Pan American Airways warrants—
Pantepec Oil of Venezuela Am shs.
$1.30
11%
41
—25
11%
1st pfd
Pacific Power &
Jan
11%
125
common
2%
1%
3,900
•
5
Co
13V4
2,000
18%
Jan
Can
17
1,200
17%
*
4%
8%
600"
•
Dredging
Johnson
5%%
Pacific
Lt
Utilities Association
Mass
Pacific
Pacific Gas & Elec 6%
"
Marconi Internat Marine
•
ft
Jan
20%
16% Mar
166
Jan
.
15% Feb
11%, Jan
10'%
Power common—1
10%
M
Manatl
,
51
ft 13
v
j
115
2,200
*
•
North American Utility Securities
*
Northern Central Texas Oil
5
Northeast Airlines
—-1
North Penn RR Co
—50
Northern Indiana Pub Serv 5% pfd_100
Northern Natural Gas
—20
Northern States Power class A
25
Northrop Aircraft Inc
—
1
Jan
40
17%
—
21%
350
9
J
Feb
47Mi,Jan ft
,
Mar..
19,900
.
16%
■
Jan
57%
9
16%
■
Feb
,9%
55
1,800
.
.
;
:
,Jan
.10 M»
Jan..
Jan
..35
.17.
82
Mar
80
200
"1%
...
preferred
B
Jan
"l%
North American Rayon
Class
Jan
T%
Electric
Noma
Jan
8 Ma
15%
.104
.
118% ,118%
57%
ft 9
—1
—
North Amer Light St
120%
:
17
1
31% Jan
1,300
12
optional wan-ants
B
Niagara Share Corp
;
Jan
94
Mar
.2
9%
ft
Jan
9%
1
5.000
80
39
39
Jan
Jan
28% Jan
i
300
5 Vb
80
:
——1
—101
shares
ft 8ft. Mar
700,:
64
4%
Feb
16%
10%
Feb
Mar
5% Mar
380
13%
63%
63%
ft,
Jan
5%
13
43
-ft.
6
13
Y & Honduras
Founders
Jan
2M» Feb
81.... Mar
725 s
110 ft
104
105%
Y Auction Co common——
N
Feb.
14%
8% Mar
;
150 ft
86%
81
84%
*
Rosarlo
—10
N t Merchandise——.—...... 10
N Y Shipbuilding Corp-* * ft: ,
N
24
•
Zinc————..38
Land—
Feb
Jan
ft..: 13 'ft
.400,
.8%
8
Watch: Co.—..*
preferred
-20
New Mexico St Arizona
Feb
4
3% Mar»
100
.
——
Tel———..100
Mar
14
10% Jan
600
,
Jan
ft 14
Jan
1% Jan :
2,500
12
i
13%
12
Jan
"19%
11%
500
ft- 3%
Feb
Jan
39%
10%
400
.1%
3%
1%
ft
Jan
14 Ma
18
Feb
9%
Jan
78
•
20
'
Jan
1%
'
Mar
24
2,000
14%
13%
.
preferred—
conv
1,700
Mar
33
34
•.
Corp.
England Tel St
Jersey
Jan
33
15%
Mar
17
35%
New Haven Clock St
4%*.
12
100
17
Power Associates
•
preferred
,—100
New
700
17
12
New England
$2
12%
12%
——•
Neptune Meter common
Negle Le Mur Co class A
6 %
Jan *
14
14%
Transit
(Herman)
■
4% Feb
.45*
Jan
—
2,700
i
14
3%
Nelson
-v.;7
Jan
42
Feb
Feb
15%
11% Jan
5% Jan"
3% Jan
6,100
3%
3%
—4-"
Overseas
I
ft
24 Ma
Jan
xll
■
24
Jan
16%
500
;
Feb
138%
Mar
5
Mar i'""
37,
Jan
:•
ft
Feb
9 Ma
Jan
8%
,100
23%
20%
2
.2%
.91%
35%
2
9%
34
.
Jan
36%
4%
Jan
16%
200
;
29
1
78
>.f.
ft.
Jan
9 % Mar
1,800
1%
Jan
7% Jan
'
9%
111 ft 111
.—I
400
Feb
31
24 y4
150
ft
5,400
ft 1
1
1%
-7%
18%
9%
'
ctfs of dep
24%
-
11%
;Jan
29
1,000
—
24 Va
1
«*
-
Jan
31
9
10
Co
Mar
2
900
39
5
Longines-Wittnauer Watch
Long Island Lighting Co—
Jan
23
•
Steel Chain
44%
16%
•
Logansport Distilling Co
Jan
24%
•
Lone Star Gas Corp common
Jan
6,700
1,500
25
A
Feb
7
15%
10
common
Jan
16
12
22%
22%
5
class
-1 %
Mar
44
"
;
__i
Inc 5% preferred
Louisiana Power
200
25
Co
Land
100
6%
10
♦
Class B
Common
14%
6%
5
5
Development
(R G) Inc
Groceterias
Louisiana
Jan
5%
'
Jan
Brothers
Locke
700
l
Corp
Loblaw
300
8%
34
Llpton (Thos J)
Lit
7%
8%
26
Material
Lionel
6%
8%
Feb
•
Tourneau
Lino
;
Ext University
Realty common
preferred
Leonard
Le
common
12%
2,200
6%
5
Monotype Machine.
Salle
Lefcourt
13%
13%
13%
1
B
Lanston
La
l
Machine
Delaware
14%
United Bakeries class A__*
Langerdorf
Class
13% Jan
5
Ltd
St
of
ft
Jan
23
21%
—,30o
Class
Lake
Jan
Feb
14%
g%
Clay Prod
xl2% Mar
14
Niagara Hudson Power common
5% 1st preferred
Laclede-Christy
Feb
15%
>
t. :
National
Feb
73% " Jan '
^
20
4%
4%
1
109
10
78%
-
Feb
5%
3%
Jan
Feb
2
2
New
; Kingston
Products
Kirby
Petroleum.
11
Jan
3
600
17%
1
Feb
Jan
11
200
12
77
14%
9
4% Mar
4,600
1
;
National Mfg &
Feb
8%
1
1'
Jan ft
185%
35%
14
National Radiator Co
25
11%
100
J"
28%
Mar
10
9%
National Rubber Machinery—
18%
109
pfd B__
27
Jan
Feb
34%
.
Jan
18%
100
v
Kings Co Lighting 7%
6% preferred D
\ King Seeley Corp
Jan
105'
*
Jan
6%
17,400
•
Corp—
preferred
4Va %
Jan
7% Mar
1,300
4%
3%
-21
lb
Kimberly-Clark
?
Feb
10 ft
106 ; f. Mar
35% Feb
189
21%
—I
28
22
12
Feb;
300
~4%
_
common
Feb
124% Mar
5
Feb 1
9%
38
N
National Union Radio—.
7%
5
17 V4 Jan
•
ft'3%
Mar
185% 185%
—.12.50
National Tunnel St Mines common
1
7%
•
Kennedy's Inc
Feb
Mar
*121/4 xl2%
;—2%
*
—
10
3%
•
24ya*Jan
10%
50
—
100
Kawneer Co
ft
Ul3%
2% Mar
50
27
9%
Feb
K
Kansas
Jan
x8
Feb
4% Mar
Jan
12 1/2
75
1Q6
4%
r
l
33
Jan
3%
2,500
Feb
29%
29
50
8%
27
100
Co
National
Corp
27% Jan
3,700
1,500
36
Feb
Mar
Jan
National
Kaiser-Frazer
11
4% Mar
Jan
30
-
Jan
17
3,400
•
Co
Jan
8%
106
•
common
Muskogee
1% Jan
1
preferred
Kokenge
7 Va
3
7%
106
10
Power
"
Julian
75
16%
•
National Fuel Gaa,.,.
1
24%
l,buu
35%
Jan
Jan
13%
:~8%
Feb
19%
18%
13 Ve
X8
Feb
14%
ft
18,500
13%
8%
12%
Jan
Jan
Jan
700
2%
Feb
2%
3%
.4%
2%;
6%
ft,ft 10% Feb
7% Feb
1%
—
1
10 ya
ft
Jan
3,400
4%
•
7%
common.
Jan
Jan
2% Mar
150
4'/4
4%
—lOo
National Breweries common
Co
'>
4%
•
Producers
States
National Bellas
Glass
5%
9
:
500
21%
Naram's Inc common———.—^. —1
Jefferson Lake Sulphur Co
Jim Brown Stores common
ft'
•
6
Muskegon Piston Ring
Jan
500
Italian Superpower A
Jeannette
50
Jan
17%
'•*—
l
Murray Ohio Mfg Co
Jan
19%
19%
II
500
3.5UO
1
Mountain States Tel St Tel
15% Feb
1%
II
voting trust ctfs.
9%
1
common
Mountain
..^15% Feb
2% Mar
800
11%
„
—
Jan
Mar
•2Va
10%
Mountain City Copper common———Be
.•.ftv..ft.l5%,Febft"ft
iy4
11%
—
Jan
6y4
Feb
45
2%
''ii.-.
common
Mountain
1%
common.....
Jan
Jan
6%
9%
Abrasive
Light Heat Ar Power
Moody Investors pat lie pfd
Morris Plan Corp of America
67% Feb
Jan
12%
200
45
10%
Montreal
Feb
13%
800
...
800
7
110%
2%
pfd
Montgomery Ward A
100% Mar
88%^Jftni
^
2,200
3
2%
$7 preferred
Fireman Mfg
Irving Air Chute
1,300
13%
13%
.10
Royalty
Iron
60
•2—
X6V2
Jan
Mar
9%
—•
Monroe Loan Society A
Montana Dakota Utilities—
19% Feb
—
20
Jan *'1
17% Mar
ft-..
4% Mar
6%
2.50
•
common
Molybdenum
Corp
Monogram Pictures
Feb
110
Mar
93
^
shs. _• -ft
-
104
800
—
__
13 %
Products
40
99%
58%
58%
_♦
Safety Razor B
105
99%
Jan
•
97%
x
shares
International
International
104'
'97%
50 ;i
Metal Industries
International
30
108%
19
America—10
International
108
49%
Feb
3%
Jan
Feb
105%
500
Jan
94
100
North
Jan
Jan
100
International Hydro-Electric—
Preferred $3.50 series
2
Registered
108 lift
100
preferred
6%
■
14 %
£1
-
Indianapolis Pow St Lt 4%
;
100
500
20%
•
12
•
■
Registered
Imperial Tobacco of Canada.——
Imperial Tobacco of Great Britain &
Fbb
6
6%
6%
tl
.
2,800
7
2% Mar
15%
i
X6%
non-cum
Mid-West
Illinois
.4%
High
Jan
5
45
dividend shares———•
—
•
,—50
Midwest Oil Co
10
Midwest Piping & Supply com
Mid-West
Refineries
1
Miller Wohl Co common
60«
4%% conv preferred
50
Mining Corp of Canada
•
Minnesota P & L 5%
pfd
—100
Missouri Public Service common
•
$2
6,900
800
5%
500
6
10
—1
class A v t o_l
—1
Corp
Midland Steel
Mldvale
Low
6%
3
,Y
17%
109
25c
15
1
Corp
Michigan Sugar Co
Preferred
..
ft 61%
Textile
.—
Participating
Feb
Jan
20
300
46
•
9%
7 % Mar
300
7%
■
Range Since January 1
High
4%
4%
—1
preferred
Michigan Bumper Corp
Michigan Steel Tube
25
Low
.<•'
100
Co
Iron
58%
29
Shares
—:—-
A preferred
6%%
31
45
common
ft
31%
m
preferred
Hydro-Electric Securities
Warrants
Jan
57
5
1st
Feb
115%
St Scott
30
•
Com
43
Jan
Feb
Co
Chapman
57
preferred
Huyler's
Merritt
Mfg
Menasco
Feb
39%
30
*
common..
Feb
181
Jan
Mar
for Week
6
1 ft'ft— ft'ft
2% : ft) 2%
——1
16%
16%
*
common
Messabl
30
IIIIb
Corp
Co
Hussmann-Ligonier Co
$2.25
37
113%
-___5
Refining
Fibre
&
38%
:!ioo
Humble
Hummel-Ross
100
176
38%
preferred
Hubbell
Hurd
Natural Gas
Memphis
Hormel
5 %
Par
High
Sales
Range
of Prices
Sale Price
Exchange
New York Curb
Week's
Last
STOCKS—
for Week
of Prices
■
In'
■
27 %
,,
Motors
Co
2%
9%
—
■
271/4
35
100
ft 27% Mar
:
Jan
27% Mar
"2% "2%
21,800
2
Jan
3%
Jan
10%
19,100
9 Ms Mar
12%
Jan
9%
13
Corp
'
13
35
391/a
50
11
Jan
750
35
Mar
15% Feb
52%
Feb
'
'
ft
""
1480
»■
THE COMMERCIAL & FINANCIAL CHRONICLE
.H-'r
if
YORK CURB
NEW
RANGE
FOlt
WEEK
&
-.Monday, March 17, 1947
v
EXCHANGE
ENDING
,
East
Sales
Range
for Week
of Prices
Shares
Friday
Last'/'
Sale Price
STOCKS—
'
New
.
York
Curb
Sale Price
Exchange
Low
Par
Parkersburg Rig 6c Reel
——1
—
15%
cum
preferred
i
70
70
Pennroad Corp common——————1
Penn-Dixle Cement warrants
Penn Gas & Elec class A com
Penn Power & Light 4%% pfd
Perfect
Circle
Tire
fnans
6
59%
70
"3%
A
20
Corp__
•
42%
Philadelphia Co common..
Phillips Packing Co—
400
3%
Jan
400
112%
Jan
5%
300
47/a
Jan
66
7%
1,700
45
12%
300
10%
113% Feb
5% Jan
69
7% Mar
2,400
41 %
/60Q
Jan
5C%
Feb
500
10%
Jan
13'A
Feb
200
19
Jan
21%
Pioneer
Gold
Ltd
Am
Mines
13
19
800
14%
Jan
21
1
.12%
Scale
Power Corp
980
10%
6
6
%
fc'Ma
~5%
~5%
6
3,000
16%
17
1,800
42%
*
1
America
Puget Sound Pulp & Timber
Pyle-Natlonal Co common
42%
10%
common
Standard Power & Light..;
Common class B
11
•'
46% Mar
Preferred
1%
Products
Feb
Standard
Tube
7%
Jan
Reliance
8%
108
109
28%
13
28%
7;
29%
13
14%
Starrett
Corp
Rio
93%
Ronson
Art
Roosevelt
Root
Mrtal
3
Jan
110
Jan
10
Jan
1
4 Ma
3 Ma
4 Mi
600
37/a
Jan
VJ2
7%
1,300
6M4
Jan
Jan
27 Ma
27%'
28 Ma
700
27 M*
Jan
29 Mo
1,400
6%
Jan
3%
Jan
1
4 VA
*
Co
Feb
Jan
2%
Feb
17%
Jan
8%
Feb
12%
109
Jan
119
Mar
Feb
llOMi
30%
14%
Aeronautical
Ryan
Consolidated
Ryerson 6c Haynes
1%
(Hugo) Corp
—5
Stop & Shop Inc.
1
Stroock (S) 6c Co common—.
9%
I.
i
')
10 Ma
90 Ma
Corp
7 Ma"
Jan
96
Jan
Textron
170
Feb
Thew
Feb
18%
Feb
■
.
200
1%
...
300
28%
34
'
10,300
5 Mi
Jan
19 Ma
-
Feb
Jan / -H
2
Jan
Feb
Jan
Feb
7%
x21
55
7 Ma Mar
3,200
Jan
13%
Jan
23%
Mar
Jan
8 Ma Mar
17-/4
30U
Jan
20%
Feb
25 Ma
27%
1,100
19,500
25 Ma Mar
32%
&
%
Light 1%
A
Regis
$2
conv
Paper
5% Mar
6%
1%
2%
Feb
x'u
6
2 Mi
107 Ma
—
j
-
•16
60
105M4
25
.
Jan
107 Ma Mar
Jan
Mar
28 Ma
Feb
27%
27%
500is i
Shit Dome Oil Co
Samson United
Corp
15
15%
—
...
6%
25
Jan
30 Ma
14-
..
6%
200
19
300
Schlff
Co
Schulte
Brick
5%
800
6%
-7 Ma
Jan
-4%
.100
•
13
16
Feb
A)
mc
l
Toledo
7%
Edison
Scullin
Steel
Co
Seeman
Segal
Bros
Lock
&
~
Hardware
preferred
Lux
$5.50
Tri-Continental
Semler (R B) Inc
Sentinel Radio
Corp
Corp class
Seton Leather
Ulen
Shawinlgan
Water
Realization
•
4%
Sick's
of
Breweries
Riley Co
"
'
—
'
'"
•
$3
Feb
United
preferred
Pattern common
City Gas & Eiec Co—
3.90%
Smith
Jan
Jan
9%
Feb
Jan
5%
Feb
400
1%
Jan
2% Mar
2%
..
4%
600
31
Milk
-3%
preferred
Molasses
17%
•
Paper Mills
Z
9%
3%
1%
see
.—
page 1481
Jan
114Ma
Feb
1%
Jan
l7/a
Jan
400
3%
Jan
4 Ma Mar
4,800
2 Ma
Jan
3 Ma
30 Mi
Jan
32Mb
Feb
5%
"
Jan
7%
Jan
12 Ma
Feb
14
Feb
50
6
'200
10
11
1,000
10
12 Ma
.
13
Mar
12%
Jan
2,100
11 Mi
Jan
3,400
3 Ma
Feb
3 Ma
Feb
;
3,200
8M2
Jan
11 Mi
Feb
8%;
9MS- -
800
6%.
6% if
100
3 Va
3 Mi
9%
10%
22%
iJaa
;
1%
S
Radiator
S
Rubber
108
$5
285
*■
/
7%
5%
10%
7%
Jan
17 Ma
27%
20
20
21
26%
7%
-
""7%
Feb
20
Mar
21
Mar
26M4
20
25
Mar
28
i Feb
7 Ma
100
"A
~2Ma
"2Mb
900
11M4
11 Ma
200
66% x69M4
46
46
46 Ma
12
12 Mi
17% Mar
23%
Jan
15 Ma
17 Ma
Feb
3%
Feb
Jan
440
45 3A
47
Jan
11% Jan
14%
Feb
87%
86 Mi
87 Ma
82
15 Ma
15 Ma
16Mb
2,100
14
Universal
Insurance
10
Universal
Products
10
Feb
Jan
2Mb Mar
Jan
89
Feb
Ma
Jan
18%
Feb
3%
Jan
5
27/a
Jan
3%
10
4%. Jan
Feb
Feb
200
1,900
5,000
Jan
3 Ma
12 Ma
71
7,400
325
Consolidated Oil
Jan
Jan
1%
10
66% Mar
~2%
Universal
Feb
11 Mi
19
1
299 3A
Mar
68 Ma
•
with warrants
common
7 Ma Mar
7 Ma Mar
287
~2%
United
Mar
21%
Jan
4 Mi
24
Jan
2% Mar
Feb
Jan
Feb
3%
15%
Jan
21%
82%
Jan
89 Mj
88
Jan
90
9 % Mar
.1,200
3%
600
Feb
Reclaiming
Stores
•
—
Co
~3
~33A
22
21 Ma
22
31 Ma
26%
32
50o
common
common
Utah-Idaho Sugar
—5
•
Utah Power & Light common
1,600
150
43/a
2,100
4 Ma
2,400
21 Mi
Jan
107/8
3,000
Mar
4%
Jan
22 Mi
Feb
Jan
32
Jan
24
1,500
4Mb
Feb
23
2IM2 Mar
21%
4 Va
22
Jan
22% Mar
Feb
13%
Jan
Feb
V
Mar
Jan
4 Ms
Feb
2
Feb
1%
Jan
Jan
12 Ms
12%
Jan
14
Jan
Mar
Venezuelan
3% Mar
22 %
Jan
9%
600
1,300
4%
Jan
Manufacturing
.lis
14.;
5%
—
IllZHIaoo
2%
27/a
1,100
2Mb
2Mb
2MB
108
110 Ms
Jan
1,100
1,400
,
12
•
27
Feb
Feb
39 Ms
Jan
Jan
I
,
5%
Jan
Feb
3Mi
Feb
Jan
Jan
Uil
Ffk
Aircraft Co—1
,
% 8*/s
3
3
13
$2
Feb
Waltham
Jan
Ward
pfd———.—
312
Watch
Co__.—
'4%
.—1
"9%
6%
7
5%
102
Jan
Feb
Ma
2 Mi
*
9 Mo
"
9 Ma
:'*7%
3,200
10% Mar
15%
Jan
900
West Virginia Coal 6c Coke
—5 •A 10%
Western Maryland Ry 1% 1st pfd—TOO
Western Tablet 6c Stationery, com
V
7% Mar
8%
Feb
Westmoreland
Coal.
20
77/a
8
112 "112
9Ma
lOMa
115/
115
2,000
2,900
/ 10
,
1,700
-
V
■
*"
20
/
31%
:
-
250
V13%-Feb:
33A
112
-
Jan
Feb
-
Jan
°57/a
Feb
Jan
27.
Feb
.,t
Jan
12%
>7,8%
Jan
2%
8 Ma.
;
8 Ma
7% Mar
*
Feb
111%
87/a
Jan
>•12 Mi
111
,
117
Feb
1
Jan
•30%
Feb
30
30
>
2
2,100
>-
V.
Jan
"1/6 Ma Jan
1,100/
V
A
2%
6
21
100
23
A/f'V
Jan
Feb
3 Ma
1,600
4 Ma
4%
23
Aircraft
Corp
——1
Wentworth Manufacturing.
1.25
West Texas Utilities $6 preferred—•
12 Mi
1,100
112
-30
Baking Co warrants
3 Me
1,100
13%
preferred.'—..—.——,—...—..100
cum
-J ,->iM
,
•
Waco
'■■j 7%
Warner
300
6%
-V"
'
Mar
Feb
126 Ma Mar
Jan
W
Feb
17
6"%
2M4
12%
Jan
Mar;:
Jan
Feb
276
>
53A
Feb
14% Jan
Jan
97/a
104
'
Feb
157
-
30
107
104
104
24 ," Ja'n
133% Mar
30
Petroleum
Venezuela Syndicate Inc
10%
lOMa
Valspar Corp common..
$4 convertible preferred—
Vogt
180
5%
Jan
125
17%
Jan
3
500
290
It
143A
23 Ma Mar
350
19
Feb
100 Ma Mar
{9%
45 Ma Mar
2,900
8,100
~2%
13%
39
•276
Feb
15 M4
24%
42
•
.1
Securities
Waitt' 61 Bdnd Inc" _______—1
"7 y.
38 Ma
14%
Wagner Baking voting trust ctfs ext..*
15
;
Jan
23 Ma
—5
common..
1st preferred
Jan
Feb
18
14%
——1
37%
27
14%
common
Jan
20%
200
108%
25
common
Jan
19
600
23
10
International
U
1,300
11%
11%
133 % 142
and
U
..
l
Graphite
S
Feb
1,500
4
S
40 Mi
7%
29
Mar
Ma Mar
8,900
24
25c
25
U
40 Mi
Feb
< Feb
61
Feb
5
4,400
ii
■s
Jan
6%
Jan
9%
Jan
26
Ma
'*■
•
I,
Machinery
U
'
5 Ma '
6 Mi
56 Ma
—100
Sharing
Specialties
8M2 Mar
Ltd—
Canal
3%
50
10
•
1
110 Mi
3,600
1% >
32
ord regis
U S Foil Co class B
Feb
"
3%
Co
&
11%
0
1
10 Mi
*
Preferred
United
Jan
900
13% .14
37/.
Shoe
6V4
400
90
.3%
*
com
preferred
6%
8%
£1
I
Feb
~
-
86%
;
Solar Aircraft Co
For footnotes
X85
Profit
new
;
rets
RR
32'A
8,200
100 ••
Solar Manufacturing Co
Jan
Jan
-
107
7%
•
10
7
33
300
2%
dep
NJ
Jan
300
19%
17-
"
"
100
103
'
2%
2 Ma
5%
/8
Mar
•
preferred
(Howardi
4%
Products
28% Mar
500
400
2%
9 %
I—Il
Singer Manufacturing Co
Singer Manufacturing Co Ltd—'
'Amer dep rets ord regis
Sioux
8%
6%
3%
3,000
90
;
convertible
290
•
4Mb
32
—
Corp
5%
"V
l"
Simplicity
2 Ma
Jan
4%
1%
•
SL
:
Jan
11%
•
Ltd
common
Jan
••
Mar
93
—
•
common
warrants
New
35%
.
—I.Il
Slnrmons-Boardman Publications^!
Co
Jan
X33 %
17y_
x85
1
25
1%
800
Jan
*
Investment
7%
5
•
Canada
1%
105 Ma
8%
Jan
700
200
100
Sherwin-Williams
1%
•
Feb
3%
5 •
;
Jan<,
12 Mi
T
Mar"
10
10 Ma
United
3%
8,000
common
Jan
Jan
63 Mi
Feb
55
'
—"«•'••
Jan
7
Jan
70
4%
5
Feb
8,700
3%
preferred
17%*
Jan
6%
95
10c
6%
6,300
IIII•
Sheller Mfg Co
Sherwin-Williams
Corp»
Elastic
.18,600
23%
Power
•
United
6
,-j
61
22 Ma
14
106
2%
United Gas Corp common
United Light & Railways
8%
3%
/
18 Ma Mar
~
200
110Ma 111
—
Unexcelled Chemicals Corp.——i.
Union Gas of Canada
Feb
5%
II _I~1
kilning.
-
1
Jan
U
Feb
10%
4%
.
common
Shattuck Denn
20
1%
1
—I
14
.9%
.
23%
B
500
2,200
11
Feb
36 Ma
Jan
94
•
18%
-4%
19
IIIII
Gentry Safety Control
Serrick
900
'
Jan
20%
Jan
106
—
*-
Udylite Corp
Feb
2-A
1
'
6%
11
'
warrants
Inc
Jan
iFeb
*"314
common
19 y4
14%-
6%
10%
Jan
9
—
18 Ma
Feb
121
12%
16,200
14 VA
Feb
33
1,700
16%
—
Feb
19 Mi
Jan
117
Feb
34 Mi
/
'
Trunz
Tung-Sol Lamp Works
80c convertiole preferred
Jan
13%
23%
~
Feb
'
lA*w 1
Corp
43
1
.
18 Ma
——
•'•
_
Chemicals
11%
.——25
certificates
9
15 Ma
—
—100
»
_
__
United
Jan
5
x33%
5
prior stock
Allotment
Corp..
United
Jan
—1
common
....
Tonopah Mining of Nevada
Trans
United
~I*
Industries Inc
Convertible stock
10
j—
Feb
8%
28%
•
Selby Shoe Co
Selected
Jan
«
24%
V\ Mar
33%
2%
5'
25
FOb.
Jan; ■
9 Ma
Jan
Jan
•
Feb
4,100
4
III
1
..IIIII*
Inc
8%
31%
9
"IlOO
preferred
A—
Feb
16,600
7%
28%
1
common
6%
Jan
13%
9
41,-
IIII*
Securities Corp General
4 Ma
14%
14 Ma
600
y
8Mb
36%
41/.
1
common
8%
55 Ma
5Mi
11%
9 '
"01/
\
Manufacturing
Jan
Feb
3%
13
500
•»*.
Jan
34
A 353',.
5
common
(D
Scovill
17 Ma Mar
3,000
Stocks
Jan
5% Mar
3,700
4 Ma
Co
Allied
&
Security Trust Co Ltd—
dep rets ord regis
Amer dep rets def reg
Todd Shipyards Corp
15%
5%
—
0%
Fisher
&
Feb
J:
40% ;:Feb;
207/a Jan
Jan
15%
Union Stock Yardd of Omaha—.100
United Aircraft Products com
50c
18
■
■
Savoy Oil Co
Sayre
50
•*«*
1
6 Ma
1,200
—
6%
18 Mi
•
;
Feb
32
33
32% /
15 Ma
1
11
—
common
16
Jan
Mar
118% 118%
50c
Co
4 Ma
1
50
A Jan
31 M»
1,700
—
27%
1.25
—I—.1
Jan
x28
750
3%
13 Ma
8 Ma
Union
„
I.II..Ill
pref
2 Mo
Jan
14%
Feb
5,100
—
common
Feb
Jan
32 Ma
15
1
10%
Class
17 Ma
2
—
Roofing Inc
Realty & Construction.
Brewing Co
Tilo
United
St.
Feb
5 Mo
Jan
1,200
5
Corp Ltd
Feb
Feb
Mar
13 Mt
25 M4
1,050
3 Ma
5
Amer
Lawrence
\
17 Ma
—-
m~ 0
pfd... IIIlOO
Inc
Shovel
United
St.
38
8
Jan
1/128 Mar
1/128
107
——1
150
2,050
13 Ma
•
common—*—
common——
common———*
Feb
31
38 Mt
Mar
9 Mi Mar
J.Rno
—
—
Jan
Xlb-/4
10
Petroleum
Jan
25 Ma
'
common
3%
17 Ma
-
Xlb"/4
/
•
•
36
1
common.
Inc
Power
Jan
161
200
-t
22%
x21
7%
28
30 Mi
Feb
17 Ma
15
26Ma
x28
77%
10 Ma Mar
...
26Ms
Corp
28%
Sun Ray Drug Co—36
Superior Portland Cement, Inc
*
17 Ma
Superior Tool 61 Die Co.—.—-..-1
3%
Swan Finch Oil Corp..:—
10
tsA
Feb
13 Ma Mar
600
1%
Sunbeam
Feb
9 Ma
Feb
51
9%
'2Mb
Co
700
1,900
'(
4M<
v
Feb
11%
13
75
■
2%
Co
8
Feb
Feb
Jan
Mar
10% Mar
25%
18,800
%t 29%
>■; 35 •;,>'
5%
_
4 Mi
*
common
7 Ma
/
Feb
Feb
12Ma
Feb
22
8
3%
130
Jan
■
F__IIlOO
Royalite Oil Co Ltd
Russek3 Fifth Ave common—
Ryan
1%
•34
T—
~2
IIIIIII5
II.Ill
1
Co
Rotary Electric Steel
17 Ma
29
—-
*
£i
Field Inc
Petroleum
3%
5%
_
75
—*
common..
Feb
Feb
400
14
Jan
4
200
11 Ma
18%
i'VT;
Works
2Ma Mar
10%
117 Mo 121
.
Tobacco
1
dep rets for ord reg
Rome Cable Corp common
6,000
4MB
107
290
4 Ma
II—.1
Am
.3 Mo
-
10 Ma
Feb
170
166
17 Ma
__._5
I
32 Mi Mar
lOMa
Amer
rl/128
pfd
Jan
Jan
13 Ma
(J B)
Tobacco
3%
•
Rochester Gas & Elec 4%
Roeser & Pendleton Inc
Rolls Royce Ltd—
Jan
27%
10%
Jan
'
warrants
+
4M8
20 Mi
•
10 %
B
Texon Oil 6c Land Co
92%
~~i
Valley Gas Co—
(Texas Corp) vtc
3Ma Mar
17Ma Mai-
90J
14
114 Ma
200
•
Grande
1.6CO
31%
Stetson
1%
Feb
13 Mi
Feb
48
Jan
Jan
36
Jan
Jan
Mar
2M4
25 Mi
Jan
30 Ma Mar
117Ma
Corp
Co
Feb
Jan
10
Steel Co of Canada
&
19%
Feb
8 Ma
9
Jan
300
Sterling Aluminum Products
1
Sterling Brewers Inc..1
Sterling Engine Co
1
Sterling Inc.
—1
(A)
Mar
Ma
1
Co—1..
class
(The)
2%
A.
23 Ma
100
Stein
Jan
1,550
10%
163
50o
common
Dry Goods
Oil
334
Feb
8%
10
'10%
10
__
Engineering
Rice Stix
3%
Jan
1M4 Mar
1,900
250
Feb
1%
100
&
....
Richfield
1,600
Jan
6%
9%
900
10
common
Richmond Radiator
2
22%
32
13%
15'A Mar
100
•
xll6
109
*
&
1%
20
'19%
108 %
X116
II.1
A
Co
Electric
7
30 Ma
Feb
17
Mar
500
8%
warrants.
convertible preferred
Co
7
100
Jan
x42
>4,800
15%
•
Railway & Light Securities
:* Voting common
Shoe
500
8 Ma Mar
—.——•
Standard
R
Regal
7 Ma
1%
3%
Jan
16 Ma
8
2l'/8
1
Tivoli
Bit
2,000
32
—l—•
—
Feb
11%
5 Ma Mar
200
1%
100
Manufacturing
Feb
23
7
7
,.10
Tishman
Roller
Feb
31%
Jan
Mr Mar
29% Mar
8
1
(Kyj
61
Mar
15%
100
15%
•
preferred
Quebec Power Co
Raytheon
32Mb
400
2%
Feb
'
1%
5
A 6%
Reed
29
2,609
8%
30%
Texas
Pile
3,600
30%
Oil
Taggart
Concrete
Feb
11%
Technicolor
$3
Feb
43
31
20%
?
33% Feb
41
19
Tampa Electric Co
Raymond
23
Jan
100
Stinnes
10
Railway 6c Utility Investment
Rath Packing Co common
,
Feb
Feb
7 A
Jan
31
50;
.
11%
Jan
Mar
36,100
10%
♦
Manufacturing..
x42
ftt
common
Radlo-Keith-Orpheum option
30
SOMs
1,000
Jan
9
35 Ma
IT-/-- Jan
6#
1st preferred
—.....100
7%
1st preferred
—100
Puget Sound Power 6c Light—
$5 prior preferred
Oats
8 Ma
■
/
5Ma
3 Mo
31% Mar
17%
6%
Jan
16
I 400
16%
Producers Corp of Nevada
I
Prosperity Co class B
——•
Providence Gas -*.*——...lAA******
Publlo Service of Colorado—
Quaker
29 Ma
-•
1
common
'14%
>
Jan
Mar
52
1,400
"&'A
1
Pyrene
55
9%
6Ms
•
of
43
29%
300;
31 Ma
43
A
317/8
31 Ma
preferred
20
Forgings Corp———1
Standard
TOO
Mining
Inc
10%
2,100
•
Premier
Metals
52
10'A
2.50
Pratt & Lambert Co
Pressed
6 A
High
A 6% jan
31%
$1.60 convertible
Feb
46'A Mar
52%
<——*250/
common
p% 1st preferred™..
Gold
900
5%
10
Corp
Low
27/a Mar
7 M4
31
2.78
"3%
Jan
4Ma Mar
3,200
10
common
of Canada
Prentice-Hall
.
3%
.—.2-50
common
Powdrell 6c Alexander
1,100
3%
4 %
4%
12 A, 12%.
4 %
2
Pittsburgh 6c Lake Erie./*.————.50
Pittsburgh Metallurgical common
5
Pleasant Valley Wine Co
1
Pneumatic
3%
—
..—I
;
Pitts'Bess; & L E RR-
Dredging
A
14,100
Standard
Ltd..
Polaris Mining Co—
Jan
Co
& Seal common
Bangs Since January 1
3 Ma
31
•
preferred
Shares
High
2%
—_—•
Brewing
Convertible
Standard
J
shs—:
Piper Aircraft Corp com
Pitney-Bowes Inc
Corp
Standard Cap
.
7
10
original preferred
—...25.
■:
6%. preferrd B
—..—25
5%% preferred series C_.
—25
Southern Pipe Line
........10
Southland Royalty Co
—5
Feb
Jan
for Week
r
3
12.50
5%
Spencer Shoe
Range
./of Prices
Low
1
!
Southwest Pa Pipe Line—
Southern California Edison—
Standard
12%
19%
,
common
Johnson
Coast Corp common
South Penn Oil common
.
Sales
1
common
South
12 % Mar
10%
12%
19
83A
Manufacturing
Week's
✓
..1
—
Stahl-Meyer Inc—
10 %
•
"Soss
Corp
13% Mar
Mar
19
•
Governor
Pinchln
Jan
•
9Va
Jan
12
Feb
11% Feb
4% Feb
63% Mar
850
42%
•
Pierce
Feb
Jan
12
5(Jc
Jan
7%
Sonotone
Jan
28 Va
Jan
7%.
__2.50
cum
51 Va
5%
4
64
7%
Jan
Feb
8%
5%
_*_T.
Feb
320
37/a
64
-74 Ma
6,800
6%
10%
113
•
Jan
113%
%
10%
—•
100
—.2.50
Kuuoei
<k
6%
...
Penn Water 6c Power Co
Pep Boys (The)
Pepperell Mfg Co
.
...
18 Ms
47
..
Jan
26%
'
Par
High
15
2,500
25
-
Penn Traffic Co
Low
1G
70
Patcnogue Plymouth Mills
Peninsular Telephone common——*
$1
15%
New York Curb Exchange
Range Since January 1
High
A
■
.
MARCH 14
j
Week's
Friday
stocks—
;
? '
•
117,
..
32
Feb
Feb
Feb
.
Jan
Jan
Feb
Feb
Mar
/33Ma .Jan
'
*
THE
Number 4577
165
Volume
COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB
RANGE -FOR WEEK
York
New
Curb
Last
Exchange
tow
;m?m.
Westmoreland
Low
High
Interest
19
15%
Jan
17%
Jan
Power
1st mtge
1st mtge
3%s
1968
1971
3s.
A-O
F-A
16%
16%
16 %
1
23 %
23%
23 %
100
22% Mar
27
Jan
17
17
17
100
13%
19 %
Feb
17%
17%
50
17%
Feb
20%
Jan
16 Mi
16%
16%
50
13%
Feb
19%
Jan
Light 5s
1955
1st mtge 3s__.
1964
Pennsylvania Water & Power 3%s.l964
3%s
1970
Jan
Power
Wichita
& Co
10
•
River Oil Corp
Williams
C)
(R
Co
St
Willsan Products Inc
Wilson -Brothers
1
14 %
•Winnipeg Efec common.-—.—,..-....,..*
Wisconsin P & V 4%% pfd
100
Portland
Wolverine
Woodall
Petroleum
Woolworth
(F W)
21%
Feb
Jan
15%
Feb
Jan
107
4% Mar
108%
Feb
7
Feb
13
Jan
16%
10
Feb
10% Jan
Queens Borough Gas St Electric—
5 %a series A.
13%
Feb
14 V4
Jan
San Joaquin Lt & Pwr 6s B
Scullin Steel Inc mtge 3 s
~3Vi
Feb
Southern
7—
,
15%
300
10%
200
5s
£1
6% preference
Wright Hargreaves Ltd
—
..
'
213
2%
;
8,000
3
2}| Jan
.
h'm' '-m '
Week's Range
Friday
BOND S
Interest
Last
New York Curb Exchange
>■•■
Period
Sale Price
Lour
Amer
Writing Paper 6s
Elee Power 3%s
Power deb 6s
Appalachian
Appalachian
100%
J-J
1961
110
8
J-J
102%
102 7/e 103Vb
1955
M-N
103%
103 % 103%
Atlantic City Electric
.
;
y
3 Vis
107
1957
J-D
1960
M-N
1998
Q-F
105% 106'A
Q-J
1970
J-D
105%
J-J
81%
79 %
M-S
82
81%
IS
$109%
F-A
106
105%
107%;
r
J-D
J-D
*101% 101%
101%
104
$163% 165%
159
166%
105% 106
.*
105
106
$120% 125
120
120%
$100%
(Calif)
M-S
Elec
$107
J-J
1971
&
106% 107%
A-O
$ 104 Va
13
P9%
107%
106%
107%
106 %
107%
104
;
104
107%
108
*
101
104 i
a
—
mtge 3s
Gas
107%
99%
3%s
1970
F-A
1989
A-O
1948
jnv",
U-N
1950
__
J-J
7
103%; 104
lOo
$43
1948
A-O
1968
43
$
%
89%
48
43
"
j:
hi.
39
43%
4t%
36
47%
10<%
9
J-J
104%
.104% 104%
18
104%
..1949
J-D
105%
105% 105%
5
,105%
106%
1959
A-O
103% 103%
1
103%
104%
United Light ft Railways (Maine)—*
6s series A
1952
A-O
103% 103%
2
103
104%
&
103%
2022
.>..1954
I1Q0&3 112
Jf-N
MS
Debenture 6s series A
110%
Waldorf-Astoria Hotel*-*'
A 5s
110%
111%
65
v
,'72%
:
7
debs
income
;;
Light Co—
68%-68%
104%
106
Wash Water Power 3%s——
1964
J-D
$109% 110%
109%
! "76 7
85
West Penn Electric
2030
A-O
$106% 108
105 J/4
106%
237
77
86%
West
1960
J-D
$118'/a
115 %
119
66%
221
57 Vt
68
Western Newspaper Union—
6s conv s f debentures
.
I
103% 104%
9
1037/s
105
102 % 102%
58
102 >/4
A-O
104%
104
19
103 %
105%
105% 105%
105 %
Traction
Penn
5s
__
110
-j
105
AT-Q
5s—
102%
Debenture 6sM.MW>..MM...^.MM.1969
i
105 %
83%
65%
M-S
16
V
102%
106 Va
,
.
7
-
91
,
J-D
1950
Consol Gar® Lt ft Pwr (Bait)— "
T
lstref mtge 3s aer P...;-——1968
,1st ref mtge2%sserQ——.—1976
J-D
—1981
A-O
(Bait City)—
Gen mtge 4%s—
—...1954
"
—
r
1
21
103
107%
115%
.Debenture 5sM>teMM..^..^«M.^.M.1958
4.
106
78
108
$105% 107
United Light ft Power Co—
1st lien & cons 5%s
165
110
1047/8 105%
65%
114
165
83
I a Central States Electric 5s
1948
,v. :>:A5%8,.------I——^1954
lAChlcago Rys 5s ctfs (part paid). 1927
i -Cities Servlce 5s——w.—JTan 1966
<
,
77
107%
A-O
United Electric N J 4s
106%
105%
170
1962
Conv. deb 5s
'
2
$166
Boston Edison <2%s
|
107 %
t
Af-S
A7-4s 2nd stamped
Toledo Edison 3%s..
106% 108%
8
114% 115
115
Bickford's Inc 6%a—i
11
MS
1952
—„
10
107Va
105%
~6
80
107% 107%
$ 108'/« 109
(
5s series C
:
,'T
103 V*
104%
A-O
Utah Power
Bethlehem Steel 6s
v
J-J
...1964
Bell Telephone of Canada—
■
1st M 5s series B
•
119 V4
103
16
110%
102 Vs
$118% 119%
J-J
102
109%
.
1953
High
100%
118%
110
4%s
Electric
Associated
Low
5
V Assoc T & T deb 5%s A
:
No.
High
103
M-N
Spalding (A G) 5s
AStarrett Corp Inc 5s
Stinnes (Hugo) Corp—
A7-4s 3d stamped
Stinnes (Hugo) Industries—
Range Since
January 1
Sold
100% 101
J-D
..1970
...2024
Bonds
Friday's
or
Bid & Asked
"2
1952
Southwestern
myriy
106%
1949
Southern Counties Gas
1st
109
1C3%
$78%
High
107%
106
1951
California Edison 3s——1965
California. Gas 3%s
1970
Southern
•
.103
Low
y';i5'
•
1964
Sinking fund deb 4s_.
Feb
January 1
No.
High y
108%
$105% 105%
J-D
Public Service of New Jersey—
6% perpetual certificates
Ltd—
deposit receipts
American
Jan
12%
Range Since
.Sold
108
J-J
1959
20,
14
—1
Corp (Can) 4%s B
Public Service Co of Colorado—
1st mtge 3%s
200
Jan
108
J-J
_
1,200
10%
2
Inc
Industries
Woodiey
&
1*4%
;
14
Power
20%
10
Cement.—
8%
Pacific
Park Lexington
7
7%
13%
25
preferred w w
5%
7*/4
Jan
500
71/4
20%
1
common—
50
Bonds
Friday's
or
Bid & Asked
A-O
1
Whitman (Wra)
y
Sale Price
Low
Ohio
Mar
Jan
Weyenberg Shoe Mfg
r
Last
Period
v
High
■
18
10
Inc
Week's Range
Friday
::..-/77.7
BONDS
New York Curb Exchange
Range Since January 1
Shares
of Prices
-
14
mmcm
for Week
Range;-
Sale Price
EXCHANGE
ENDING MARCH
Sales
Week's
Friday
STOCKS—
■■■•■
im
4-0
1st tef 2%s series R
<
105
$108%
J-J
35
107%
104J/4
__
$ 104 % 104%
104%
•
104% 104%
1951
108%
106
104% 105%
Consolidated-Gas
,:'n
mmm,
$119
119 %
119%
119%
Delaware Lack ft Western RR—
Eastern Gas
'yffff
mm
'
•
Fuel
St
Lt
Water
Elmlra
ft
AT-N
60%
61%
15
May
32%
32%
;7V1077
...1965
3%s
RR
J-J
US
1956
5s
'■
■
£■
Finland Residential Mtga Bank—*,
6s
84
M-S
Mountain
Green
105
...1963
J-D
1958
3%s
Power
$48%
J-J
1948
Grand Trunk West 4s.^....^..^..l950
106%
-
>:
"i
:
2
.
76
7
84
104%
<1
105 Va
106
106%
-
-
:
Last
or.Friday's
Bonds
Sale Price
Bid & Asked
Sold
Interest
.
.
Period
<
Agricultural Mortgage Bank (Col)—
A 20-year 7s
April 1946
A 20-year
7s
;
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Danish 5%s
..1955
62
$66% -68%
;
Low
124
55
1
.
New York Curb Exchange
106
■*;' •'
^
--
105
106% 106%
J-J
Guantanamo & Western 6s—
58
36i/2
124
--
Ac
84
J-D
Co 6s ser A
68%
104
b
stamped.....—
AGenerai Rayon
58
27%
7
105 % 105%
$120
■
;
BONDS
1993
...1993
1st mtgft'48 eer A—
A 1st mtge 4s ser B
.
;
Week's Range
Friday
Lackawanna of N J Division—
1 v*.
•>
%
65
Extended
68
5s
A-O
77%
J-J
J-D
$25%
„r.V>"
U-N
787$
76%
76%
26%
22
"I
26%
'
923/4
96
89
2
7r97
r97
'r
__
High
77
..
*47 ;7 >J95%^95.%" ;
F-A
*
195JJ
Low
2
77Va"
*76%
January 1
NO.
High
92
Dan2ig Port & Waterways—
mm...
■
'f.
-i'T'
BJgrade Food 6s «er
6s aeries ; B—
-
Service
5s
ref
5s
1
106 Va
107%
15
102 %
F-A
104
10
104%
104
104%
106%
108V4
106% 106%
'
6
i
A6%s
A 7s
(Dec
(Aug 1941
series F
A7s
A 7s
coupon)
—
Kansas Electric Power 3y2s—
Power &
Light 3%s—
—
32'/4
39%
41
37
Gas
Amsterdam
New
New Eng Gas St
M-S
deb
England Power 3%s
England Power Assn 5s
5%s
Debenture
N Y
"4
6
102
106
4
F-A
A-O
$57
1967
U-B
103
J-J
M-S
J-D
Af-N
M-N
102%
*5
.100
J-J
103
J-D
*
102
•'*
t
31
313/4
52
52
52
.
$21-4
•
d
31%;
!
53
•
95
S3
* *98»?a
95
'iff:
;::,"
U-S
J-J
J-D
$31%
4
4
4%
113
J-J
i
$35%
4%
4%
4%
28
38
34
iv
i
35
35
r:
t<
31
31%
*
4
6
4%
6
58%
103
1043/4
103%
•No
I
value,
par
a
Deferred
sale,
delivery
100%
99%
1001/4
99%
100%
1073/4
1021/4
102%
104 7'
102
102%
sale,
f Ex-distribution.
jr Ex-rlghta.
iReported In receivership.
101%
e Odd-lot
x Ex-dividend,
ABonds being traded flat.
105%
d Ex-Interest,
r Cash sale,
Ex-stock dividend. >nUnder-the-rule sale,
39
7
,.•31
2
9%
$52
2
•:
9%
being transacted durum tonast weak.
IFrlday's bid and asked prices; no sales
.
*'^
.
^
••■v..-.
^
•
i.
.
•'
■
OTHER STOCK
••
•my-'
r
-
convertible; "M," mortgage; "n-v," non-voting stock; "▼ t c," voting trust
"wl," when issued; "ww," with warrants;
9%
-.
deposit; "cons " ^noondstod; "cum," cumula¬
Abbreviations used above—"cod," certificates of
tive; "conv,"
..,
"xw," without wsrrsnu
certificates;
,
#*•
EXCHANGES
f-shV'
RANGE FOR WEEK ENDING MARCH 14
\
V
sfi
Baltimore Stock
'
STOCKS—
■aIf
'■■yimmfy
Artindel. Corporation
;'V«,■
j
,
Transit
Bait
Preferred
Co
com
vtc
vtc
Par I m
•
7
•
100
—
Deposit Co
&
Guaranty
't*
)8.75,%
Mills
com
American
Oil
2
Feb
9%
155
V
•
.
V
***
155
40
*
100
__
•
15
40
Jan
25
S-i
40
40
,
104
26
42
.
26
70c
70c
154
"
Jan
37
101
26
Feb
"Feb
m
55
615
70c
$$
104
29
85c
&
100
25
—-—100
RR
—
Ry
Elevated
Jan
Boston
Herald Traveler Corp
Feb
Boston
&
RR—
S
Fidelity
Bond9—
Baltimore
'5s
&
Guar
50
43
43
43%
v
2cp
43
" Mar
46% Jan
Transit Co 4s
series
1975
A
For footnotes see page
1975
1490
90
..
90
97%
98
$3,000
**"
3,000
T' 87 'J Jan
96
Jan
•
'• 90% Feb
"98
Feb
^
'
44% Ma?
44% Feb
43%
125
2,7c0
174%
Feb
4C3
26%
Jan
50%
Feo
38%
39%
204
37%
Jan
42Va Mar
16 %
Jan
16J/4
121
17
281
191/4
135
Jap
Jan
190
119% Mar
441/4 Mar
50%
Feb
12 j
57V4
Feb
69%
Jan
250
30% Mar
37%
Jan
€0
31V4 Mar
39%
5%
30
5% Mar
6
72
6
44V4
46
62'/a
62%
63
30%
31
311/4
31%
5%
6
*
V
Jan
164% Mar
1,439
119% 121%
>44%
10O
—__100
-100
8% class B 1st pfd stamped
100
10% class D 1st pfd stamped
100
prior preferred
class A 1st pfd—
Stamped
-■>
40%
...
Jan
'
7 °>r
5%
U
Low
.
38%
High
42%
Mar
Maine
,
100
42 Va
.
40%
40%
*
Albany
Edlsoh
Boston
Boston
Mar
.
Boston
•
Range Since January 1
164% 168%
43%
165 Va
50
& Son Inc
Bird
Jan
Mar
v*-";';.-.
42
Mar
41%
High
Jan
40%
100
Jan
15
7?
80c
.
100
Mar
:my: ■
239
104 ""
26%
160
Jan
40
519
""
100
Low
Par
Agri Chemical Co
—*
American Sugar Refining common—100
American Tel St Tel
———lOu
American Woolen
•
Jan
44%
;
Shares
i:-A
for Week
of Prices
American
Feb
Mar
7
100
>
High
25%
22
175
:
V
-
36% Mar
170
'
._.
40
20
25c
Co.;
•'
7
37
'
—100 v
prior preferred
New Amsterdam Casualty
North
Low
■
Anaconda Copper
J-
Mt. Vernon-Woodbury
J;ii
23
Range
Sale Frice
STOCKS—
Range Since January 1
'
High
-
7
'
Fire Corp
Name
changed
to
Fidelity
&
''
Guaranty Insurance Corp..
__10
Guilford Realty Co 6% pfd stamped 100
I)
22
36%
._
—20
&
•
Sales
Last
Shares
Low
■.
-22'A-
'
for Week
of Prices
Exchange
Week's
Friday
Sales
Range
Sale Price
:
Fidelity
Fidelity
Last
Boston Stock
Exchange |
"Week's;
Friday
t
Mar
6
Feb
Jan
8Feb
—
81/4
8'/4
25
7
8
8
20
8 '
'
Jan
' Jan
9
11%
•
183/4
30 >/4
*;
v'v;^;iv;:C
■$52
J-D
1919
1921
99V»
102%
9%
J-J
redeemed )_1948
16%
103%
North Continental Utility Corp—
A5%s series A (90%
Government 6%s
A5%s
2
102% 103%
1
31%
? 31
31
Af-N
A-O
J-D
2012
2%
14
101% 102
,
,
(Plan A)
to
38
105% 105%
101%
reduced
47
,
100''
99% 100%.
A-O
102
103V4
100
29'?
*21
3
'77 .,,_T 2
-
107
55%
103%
ARussian
111
105V4
58
100
100
1954
4s
Rio de Janeiro stamped
111%
110
$103
-
2004
—
& Westchester Ltg
111%
114%
111
105 % 106
111
J-J
1961
1948
5s—
.
31%
—
J-D
—1947
1947
1931
(issue of Oct. 1927)
Interest
1947
El Assn 5s
5s
Conv
42%
15
$112
J-J
17-
.
Mortgage Bank of Denmark 5s—..1972
Parana stamped (Plan A)
Interest reduced to 2%s__.
2008
94
33%
61
1948
5s
78
42'
1950
Gas
4%s—
38
102%
991/4
90%
A7S
•
—
.
>
U-N
2008
1951
2%s
to
stamped
AMortgage Bank of Chile 6s
$105
1963
;
Light
reduced
Mortgage Bank of Bogota—
A7s (issue of May 1927)
-
Al
40
33
41
1966
1970
37
44
88%
J-J
1948
Milwaukee
New
'5
1956
Midland Valley RR—
Extended at 4% to
New
37
J-J
1969
5
"99% 100%
100
J-D
2022
Electric 6s
Gas
Kentucky Utilities 4s
McCord Corp deb 4%s
41
37
1952
Kansas
38
34%
$39
j-J
JS,
1963
Superpower 6s
Kansas
33
3
>.—1952
Debenture 6s
Altalian
38%
7
39
37
..—.1957
5s
Power
37
36
39
1957
_
1952
(July 1941 coupon)
Interstate
38%
35
36
F-A
1957
—.—
A7s
38
J-D
1955
coup).
E
series
1955
—
1941
1
2.1
17
J-J
U-S
h
stamped (Plan A)
Interest
AMedellin 7s
AG%s series C
'
(Peru)
City
Maranhao
International Power Sec—
1952
6%s stamped 1958
stamped
6%s
AExternal
ALlma
103%
J-J
■
\
103%
—
103
U-N
1970
PAL 3V4s
$103%
A-O
1963
&
Indianapolis
1G6 % 106%
A-O
1950
lien
1st
s|t!
.Jan 1949
.Jan 1949
,
Indiana
21
Feb
Feb
1482
THE COMMERCIAL & FINANCIAL
CHRONICLE
Monday, March 17, 1947
OTHER STOCK EXCHANGES
RANGE
•/'"
:
.
'
.
Week's
Friday
STOCKS—
Last
-Vl'v.
'{.W
.j.
''
'
Boston
Personal
Boston
&
Cities
100
—
Fuel
&
Mass
Ry—
Lines
Public
Engineers
firm
National
iinii
___•
Feb
8% Feb
31%
97
Hupp Corp
Feb
Jan
Mar
Indiana
Steel
35%
28%
28%
29%
29%
90
5 J y2
7a
3aY
35
37
27%
Feb
28%
53 V8
35
783
Kellogg
59%
Jan
32
Jan
5%
Switchboard
6%
La
Ext
230
8% Feb
100
2%
745
46%
43
74%
130
6%
45
10%
Jan
Feb
3
44% Mar
Jan
43%
78%
Feb
7%
Feb
15%
Feb
100
24%
Jan
29%
22
Jan
25
Feb
15%
100
15% Mar
18
Jan
'
Ma t hie son
Alkali Works.———
Mfg
Corp class
•
1%
29%
55%
17%
Narragansett
Assn Inc... m
Rac'g
/
i
■
Nash-Kelvinator
18%
55%
5
*■'.
*
Marshall
Field
to Co
1
New
Feb
Jan
2%
Feb
27% Mar
32%
Jan
51
Jan
60%
Feb
16%
Jan
10
100
1%
a
preferred
Tei
Engiana
Wqrth
•
---i—i...Tel
&
23%
1
Montgomery Ward & Co
17%
Jan
21
Jan
19%
Feb
National
40c
Jan
67c
Feb
North
98 y4
Jan
Mar
Northwest Util pr lien
41c
41c
100
110
Mining.......—*—.
Northern RR (N H)
Old Colony RR
108
1%
Pacific Mills common———.
Pennsylvania RR
Mining Co
Rutland RR 1%
pfd—
Shawmut
100
Fruit
•
United
6%
^
50c
Drug
Inc
14%
132
Mar
4
Jan
28%
Jan
3%
Feb
30c
4%
Jan
1,270
13%
60c
Jan
14%
Jan
6%
37%
45i
45
48%
Feb
9%
—
25
69
25
Jan
Public
37% Feb
43%
Feb
46
5,848
9%
67
44%
68
69
46
——
35%
50
46
Jan
51%
9% Mar
375
67
13
11%
45%
(S
D)
Co
new
RR
Jan
24%
Feb
9%
Jan
13%
Feb
15%
150
15y4
Jan
16y2
Feb
Service
of
Westinghouse Electric Corp
Jan
46%
Feb
48%
Jan
60%
Feb
South
Bend
Lathe
Jan
50%
Feb
South
Coast
17%
17%
Jan
17%
Jan
15%
17
Spiegel
119
15% Mar
Feb
25 y8
17%
St
25
25%
890
23 Va
28%
Feb
Stanard
Inc
Louis
Last
Range
of Prices
Shares
B
Par
Adams
(J D)
Mfg_____
*
Admiral Corp common
Advanced Alum Castings
Aetna
Ball
Bearing
Low
15
-III Ir
5
&rmour
&
Co
«...
165
:
&
Seelig class A
Bastian-Blessing
'
Beioen
Mfg
Co
Co
conv_.,
common
5
&
;j Central Illinois
■f:
.
Secur Corp
Convertible
common
-121/2
Chicago to Southern Air Lines
i Chicago Towel Co com
capital
Convertible
.s
preferred
Chrysler Corp
;
-
•
Coleman (The) Co Inc
Commonwealth Edison
>
10
common
Dodge Mfg Corp
*
common new
Corp class
20
20
•
flour
Mills
of
America
13%
400
1,150
50
Gillette
Safety
Goldblatt
Great
Razor
Bros
Oo
Lakes
(H
Dr
to
Dk
Anaconda
c
Werner
Motor
New
For footnotes
see page
1490
X24%
15%
28%
29
28%
Jan
12%
Feb
16%
Jan
34%
5%
5%
14%
33
37%
130
13% Jan
31% Jan
17%
18%
150
3%
.400
3% Mar
40
40%
600
18
400
3%
800
5% Mar
»
33%
34%
300
24%
100
29
39%
-
38
Jan
26%
Jan
r?
Jan
24
51
Jan
72
72%
400
69%
Jan
25%
600
21 %
400
10
-
24
30%
.
Feb
if
Feb
/
Feb
28%
Feb
Feb
54
79%
•
Jan
19%
101'
50
Jan
10%
16%
Feb
23%
21
Feb
Electric
Co
12%
12%
13%
Jan
14%
14%
15
200
12%
Jan
,16%
Feb
10%
11
350
10%
Jan
12%
Feb
4%
14%'
1,650
12% Mar
4%
800
3%
Jan
14%
200
14%
Jan
11-:,
„,
200
33%
Jan
41%
Feb
39%
300
37%
Jan
42
17
17%
300
17
Mar
20%
5%
37% Mar
42
Jan
250
14%
Jan
11%
500
7% Jan
7%
110
7% Mar
22%
50
7%.
600
500
900
7%
900
30
20
Jan
7% Mar
63
Jan
11% Mar
7
Jan
70% Jan
Mar
91
Jan
7V2
7%
22%
7%
100
23
300
23%
Jan
7% Mar
15% Mar
11% Feb
Motor
Pan Amer
10% Mar
11%
Jan
10%
10%
100
9% Jan
12%
Feb
5%
5%.
300
5%
jan
6%
Feb
7%
7%
200
7% Mar
8%
Jan
35%
36%
500
35 %
Jan
39%
Feb
-1
4%
4%
4%
1,400
3%
Jan
5%
5%
5%
16%
10
18%
30%
—
17
18%
"
Car
Pictures
.—•
Inc
31
6%
6
1
com.
8%
Jan
24%
Jan
Pure Oil
9%
Feb
Radio Corp of America common
•
100400
,100
200
5% Mar
6%
Co
(The) common
13%
Feb
9y8
Feb
05
Feb
117
Mar
103% Mar
Jan
Jan
22%
Feb
30'/a Mar
33 %
Jan
19%
24%
Feb
8%
8%
25%
100
6%
Jan
11%
600
3%
500
25
Jan
30%
23%
100
21% Jan
24%
Feb
9%
400
14%
750
13
Jan
10%
15%
Feb
14%
~9
9
8%
Jan
Feb
Feb
Sooony Vacuum Oil Co Inc—
IB
13%
13%
14%
2,200
13% Mar
Standard
15%
Jan
20
14%
14%
100
13%
Jan
21%
21%
500
21
Jan
9%
10 V*
2,900
3%
,3%
1,200
of
N
J.
65
Standard Steel Spring.
1
Studebaker
1
21%
1
10
.
V
7%
Feb
70
Jan
17
Feb
24%
Jan
Feb
10% Mar
3% Mar
4%
Jan
Feb
11%
100
Jan
180
I;
26%
>4/
Feb Ai
30%
Wilson
25%
Feb
Jan
7%
25% Jan
Feb
33%
14%
31
Jan
600
Jan
Jan
/
11%
24% Mar
28%
Jan
30 %
Feb
400
500
27%
9%
4,100
Jan
12%
26
27%
Oil
30%
31%
25%
3%
:
90
18%
20%
10
2,800
11% Mar
3% Mar
to
Co
4y4
Feb
99
16%
Jan
23% Feb
Jan
24
100
19y4
Jan
14%
13%
Feb
10
16
10%
350
;
26% Mar
650
9% Jan
513/4
300
7%
50O
59%
57%
7%
-
7%
28% •**••••
15%
15%
18%
19%
-
19%
19%
'*
900
950
9%
American
Jan
American
Feb
Balcrank
Laundry
Products
9%
Feb
Feb
Feb
18
Burger Brewing
Champion Paper & Fibre
Churngold
Jan
21
Feb
Cincinnati
Jan
20
Jan
500
500
50
350
18
9%
20
27%
14
Jan
10%
Feb
Feb
22%
Feb
Jan
34
Feb
Mar
Low
14% Mar
Gas
Cincinnati
Cincinnati
24
160
17%
Jan
24% Feb
34%
290
32%
Jan
37%
3%
Jan
4%
8.50
Telephone
Eagle-Picher
Stock
-
Yard
40
6%
113
VA
Jan
Feb
*
23
23
23
13
23%
24
105
17
52
17
27y2
107
27%
107
28
298
6% Mar
24%
Feb
23% Mar
17
Mar
27% Mar
V"-
'■
torn'
28
Feb
26%
Feb
21%
Feb
29%
Feb
107%
17
13%
14%
634
50
95%
97
30
95% Mar
*
99 y2
14%
14%
26
12%
14% Mar
2
.
4%
6y4
*
100
Union
'High
24
34
•
common
Street
Low
24
*
new
Preferred
Cincinnati
Range Since January 1
High
34
1
16
V'V/ 550/
Shares
*
/
31%
100
for Week
—
65
Jan
Mar
Jan
20
Machinery
13%
9%
30
7% Jan
15
*
28
20%
14%
Jan
Jan
Sales
Range
of Prices
Par
Industries
100
9%
30
7% Mar
52
Jan
Week's
Sale Price
11% Feb
54%
Friday
Last
300
20%
14
50% Jan
/
STOCKS—
Jan
Aluminum
7%
13%
Cincinnati Stock Exchange
Feb
Jan
86
24
51%
common—
8% Mar
13%
10
/
v.'r.i*-
•
31%
25
2,000
6
Feb
23%
•
Corp common
Sunray Oil Corp
United Corp
22 % Mar
6%
Feb
15%
17
26%
33%
Radio-Keith-Orpheum
Republic Steel Corp common
%
ft
12%
24%
1
65 % Mar
Pepsi-Cola Co—...;. I..,
v
.}'
24%
2%
new
f!
■
Feb
5%
Hwp
Airways Corp
Paramount
Jan
600
—1
...
|
Mar
..
Packard
Feb
35%
v.'' it;
50
15
?
Feb
33%
38%
38%
4%
14%
33%
10%
—.....,
37%
Feb
3
a
■
Graham-Paige Motors.
New fork Central Rr capital
Worth American Co
r;,
„
2%
A
Feb
10%
Laclede Oas vsghfc
General
■
-
Feb
5
Jan
101
12'A
Feb
2
Feb
1
;
Nash-Kelvinator
850
//
Jan
500
101
Feb
22%
180
20
Feb
X22
■
Feb
19
33% Mar
.
29%
25%
; j.
Jan
22%
37%
53 y2
101
Feb
42
17% Mar
28%
25%
vJV:?
Jan
4%
Feb
52%
21%
Feb
20
18% Mar
33%
"17%
-
19% Mar
'
f{
Feb
5% Mar
17% Mar
3%
—
50
.•
fv
Jan
15% Mar
14%
——
36
Jan
28% Mar
<
150
350
n,V,
1
41% Mar
Jan
11
Feb
12%
'
•
U
Feb
38%
Jan
x24 % Mar,
350
1,300
18
Mar
8%
1,750
12
15%
15%
•
Farnsworth Television to Radio
Feb
2
26%
11
—
15% Mar
35
300
1
i,;,..,..
Curtiss-Wrlgbt
117
14
25%
m.,...
Continental Motors
Jan
28
j.
Columbia Gas A Electric
Feb
20
Parts
2,200
11
1
Feb
300
19%
50
35%
10%
600
00
13%
14%
Hammond Instrument Co
common
Hefleman Brewing Co G
capital
Hein
15%
35
18%
—
23%
90
common
15%
35%
1
17%
100
-
Feb
10
Jan
29
common
common
30
20%
com
Mar
95
common
Jan
18%
•
Rolling Mill-—
Copper Mining
11
117
~7%
25
*
14
27%
15
i
100
23%
Feb
95
11%
27
4'"'.
''
20
117
2%
26%
25
14%
27%
10
W)
» 5
Mar
79
Inc.
Inc
'
•
Feb
General Amer
Gossard
rViV.
21% Jan
.
26%
19%
2
1(5%
79
31
Feb
capi-i*-———5
200
7%
/
32
*
200
12
7%
Feb
Jan
34%
20%
12%
Feb
37
28%
5
common
Mach
26%
Jan
180
17%
Corp
!■
Feb
400
_10
Jan
18% Mar
21% Mar
v
Jan
24%
36
17
2
7%
Feb
100
5,600
Jan
110
Jan
5
prior preferred——*
Bankshares common—
•
Indust
9%
97% Mar
22
''
Feb
29%
deposit—
American
Jan
500
23%
50
"
35%
Jan
65
79
21%
Feb
6% Mar
80
100
i
.1%
'
.
10%
Mar
40
common
Alleghany Corp
American Radiator k St Ban
21
7%
0
Transp common
General Finance
Corp common
General Motors
Corp common
Gibson Refrigerator Co
common
of
(The):
36
10
stock
Feb
20
64%
Eddy Paper Corp (The)
Four-Wheel Drive Auto—
capital
2,100
99
24
Jan
29%
.
5
common
Feb
37
11%
1
Electric Household Util
Corp
Elgin National Watch Co
Co
Tool
Certain-teed Products
Jan
Feb
Unlisted Stocks—
Mar
18% Mar
Feb
26%
■
—
'
7
7%
250
97%
1
'
39
6%
IIIIl
common
5%
19%
29
29%
•
.
1,400
23
22%
1
13%
32% Mar
64%
11%
*
10
A
\ r '•
Feb
120
"7%
5
common
Consumers Co com part sh vtc B
Curtis Lighting Inc common
Domestic Credit
»
•
3%
Jan
7%
5
common
Club Alum Products Co
;
*
6%
22%
*
common
t Cities Service Co
—1
,
6%
—
23
50
8%
36
,
16%
11
7%
36
5
capital
21%
2
7%
25
i-.—
Yates-Amer
15% Mar
350
1,150
Feb
150
Feb
1
Furniture
Wisconsin
Feb
550
16
26
28%
180
10
37%
37%
—5
:
174%
Jan
11%
15
v.t.c.
.
34 %
41%
Feb
Jan
common-
15%
~lVo
;
1,000
19%
43%
148
.
21%
50C
"pfd_-
4
15%
41%
Jan
170
Cumulative
Mar
Mar
14%
—1
-10
Jan
10% Mar
18%
39%
Feb
..—10
Westingfcouse Elec to Mfg com
Wieboldt Stores^ Inc common
Feb
35
2% Mar
900
14%
18%
13
450
14%
11
common. —1
&. Pac
7%
20
t
19%
200
Feb
19
33
11
Mar
300
6%
18%
lo
.
Paul
%
IIIIII
preferred
St
is
165
is
6%
1
—10
.
/Chicago Milw
10%
Mar
5%
12
14%
I
Convertible preferred
Central S W Util common
Central States Power &
Lighf
Cherry Burrell Corp common
//Chicago Corp
Vff
.10
Biscuit common
(A M) common
Co
8% Mar
5% Jan
1,250
5
33
,
common
Carr-Consolidated
i
35
2%
6%
Burton-Dixie Corp
Butler Brothers common
,i;{/Castle
500
2%
Feb
41
Mar
190
U 8 Steel common—
Jan
400
64%
Jan
*
208 South La Salle St
Feb
19%
10%
Brach & 8ons (E J)
capital
Burd Piston Ring common
!
11%
Feb
2,400
"5
Berghoff Brewing Corp
Blnks Mfg Co capital
Borg (George W) Corp
;
Jan
18%
&
..
Aviation Corp (Delaware)
Barlow
9ys
350
14%
/lis
Athey Products capital
Automatic Washer common
-<
100
950
167 V2
Jan
28%
common.
Certificates
Mar
6%
300
13%
_
15
18%
35
165
56
Jan
Oil
to
Woodall
capital—
55
100
170
—.
Trane Co
High
Mar
10%
35
common
Asbestos Mfg Co common
Warrants w i
15/
8%
/ 18%
;
American Tel & Tel Co
20
6%
9%
~6%
common
...
Low
15
Feb
57
Swift International Co Ltd—
8%
Allied Laboratories common
Allis Chalmers Mfg-
Swift
High
15
28%
54%
57
165
com
capital
Sundstrand Machine
Range Since January 1
10
Feb
—
Stockyards capital-,
III20
Dredging ipfd/
Storkline
for Week
Sale Price
STOCKS—
20% Feb
8% Feb
55
24
(Ind) capital
Stewart-Warner Corp common
Sales
Jan
55
6% Mar
175
Nat
Standard
Week's
18
16%
100
40%
1
class A
Works
Common
Chicago Stock Exchange
Jan
100
6%
100
Corp_
17%
15%
Jan
16j/4
18%
240
V
43%
Friday
55
•
165
-12%
20
18%
100
Cummfns
105
16%
Feb
25
common
47%
90
34%
183
common—
Colo
Co
54%
*
17
Jan
25
common
53%
•
.17
29%
20
180
capital
47%
common.
39% Mar
180
common
(The)
10
com—
Jan
—100
50
U 8 Rubber
U S Smelting Ref to Min
Waldorf System Inc
26]/4
15%
—20
Shellmar Prod Corp common
Signode Steel Strap common
Sinclair Oil Corp..., n-...»..T—*
Feb
Jan
Feb
3,000
Jan
71
Jan
24%
"loo
pfd
Sears Roebuck to Cto capitaL,^—^
Serrick Corp class B common
Jan
Jan *■
500
—
preferred "...
Rath Packing
Sangamo Elec
Feb
174
51
Co
Pen
Pennsylvania
15% Mar
17%
Feb
20 y2
2,800
10
common-
Penn Electric Switch
Feb
550
Feb
10%
12%
common
Manufacturing
Parker
Feb
36%
Jan
29
•
Jan
22%
.
26%
50
Jan
\
Oak
39% Feb
97/8
23
32%
•
■
preferred
Schwitzer
—2.50
—
7%
1,300
Feb
Mar
7V4
ll7/a
Jan
Feb
556
36%
-m—7
49%
common
1%
21% Mar
50
15 y4
15
Jan
Bancorp
Peabody Coal Co class
10
50c
121
Feb
2%
2,813
3%
110
Jan
120
70
23%
14%
:K 3 6%
...
Shoe Machinery
preferred
Warren
35%
50c
5
*
lVs
500
3%
14%
Co
United-Rexall
26
3%
15
—.
Drill—
Twist
United
132
21%
..
Assn
105% Mar
2,325
34%
22%
-
Torrington Co
415
460
1%
3%
•
25
——
Stone to Webster Inc
Union
132
—
—
Quincy
1%
—
100
110
56y8
111
6%
common
American Car
Northwest
105% noy2
2.50
Standard
Feb
Jan
21%
Feb
14%
10%
22%
450
Feb
10
96
31%
a
170
15%
Jan
Mar
25
*
Preferred
225
Jan
12%
common..
19%
Jan
21%
5
vtc
prior preferred
10
Minneapolis Brewing Co common..—1
»
Modine Mfg common (new)
19% Mar
Jan
6%
6% Mar
32%
33
•
common
common
Chemical Co
111
22%
_
*
24%
„
55 y2 Mar
10
100
10
$1
Monroe
10
6%
23%
7
capital
inc
17%
106%
100
Butte
Hart
«si
18%
•
England Gas & Elec Assn—
5% %
Ne
32%
West Corp
Miner
55%
111
6%
Feb
Jan
92
'
common
Feb
8%
10
Feb
8%
Feb
13%
810
.■
Mar
3%
900
96
111
19
350
14%
8%
8%
96
7
10
4
14%
8%
80
19%
3%
•
Co common
16%
5
National Service Cos
Jan
340
17%
~
Jan
30
95
51%
■
1
-
6
130
1%
——
51%
; Mullins
30
27%
—
■■
30
...
—
Middle
6
—
7
19%
'
Maine Central RR common..—*. —.100
5% preferred
100
Mass Util Associates v t c
..**.1:
16
7
19%
Jan
43
450
50
Lincoln
Jan
71% Mar
50
51%
7% Feb
17% Jan
200
IIlOO
Libby McNeil & Libby common
Printing Co common
Lindsay Lt to Chem common
Feb
Jan
v
25%
—100
Unlv
Feb
x24
6 / Mar
23%
~7
pfd
preferred
Salle
500
,
15%
•
—
cum
6
70
'
Feb
15%
1
common
preferred
23
25%
>...
Kentucky Util Jr
63% Mar
23
—..I
Jan
Mar
2%
71%
70%
-
Jan
Jan
27% Mar
;9
44%
*
30
32%
59%
High
140
13U
15%
.—100
...
mil
Leath &
43
'
...
common
'
;
66
23%
.
Katz Drug Co common
Jan
Low
*
23
6
.—10
Range Since January 1
High
23
23
mil
Interstate Power $6 preferred
Jim Brown Stores Inc common
23% Mar
Jan
8%
—II50
Jan
47
Jan
29% Mar
1,912
124%
Jan
2%
——
-
35
20%
100
28%
•
Cement—
15
420
35 Vb
15
pfd
110% Mar
Shares
G3%
*
(new)
Prod
for Week
LOW
25
............
Indep Pneum Tool
91
40
23
mm
Hathaway Baking common
Royale Copper
common
Illinois Brick Co capital.
Warrants
28%
6 'h
Par
Illinois Central RR common
50
35%
54%
Razor Co
/ Isle
Star
92
22%
..
.
Lone
Jan
28%
Service
Kennecott Copper
Lamson Corp (Del)
23%
35%
•
Stores
Gillette Safety
187
30
Jan
22%
100
common—
Electric
General
7%
noy2 in
—
Employers Group Assoc..
,
x91
—
100
——
Inc
Mar
CO
Sales
Range
of Prices
Sale Price
Hibb Spencer Bartlett common
Horder's Inc common
Jan
■■
—
SS
25
18
■'
100
preferred B
5% pfd adjustment
Eastern
•5
STOCKS—
High
Jan
28%
27%
—
14%
7%
Associates—
street
6%
25
7%
i
65
Week's
Last
Range Since January 1
Low
15
25
5
:
prior preferred
E -atein
14
Friday
Shares
High
15
..
RR
Hecla
&
Low
•
Trust
Prop
Providence
Gas
4 y2 '/o
ENDING MARCH
Sales
of Prices
Par
:[
.
Service
Tastern
WEEK
for Week
Range
Sale Price
i Calumet
FOR
•
;
21%
21%
22%
170
107
13%
20
Mar
Jan
Jan
Jan
110
14%
24%
Feb
Feb
Jan
Feb
'i\
^4
=
Volume 165,
Number 4577
—r——*
THE COMMERCIAL & FINANCIAL CHRONICLE
OTHER STOCK
RANGE FOR
Friday
Week's
Sales
Range
of Prices
Low
Gibson Art
62
62
'L'L:;f|*
—
..
100
*
■})■ «i
L
?:'
National
t
class
B
U
S
Mar
13
5
5%
70
16
70
Mar
125
40
Jan
61%
*
1
—
<■
Printing
)
•
v- •
.
14%
Jan
53%
52%
Jan
46%
528
45% Mar
26
v.
10
6%
15
61 %
-:-s
633/B
470
Mar
54
665
5%
1,350
20
25%
25%
26%
2,472
25 Va
Jan
.11%
11%
1,030
113/8
jan
3%
Jan
Edison
common
Stove
_i
Gar
Wood
Inc
'
•;
5 '
-
5
,
1
4%
7 3/8
..li
common
General
1
Feb
6»/4
Feb
Graham
Paige
General
Motors
Air
'■
;"'!
333/4
273/a
28%
10%
V;.
'■>
8
825
".V
215
.
12%
43/4
.
Feb
/
Jan
-
/ 77.':
7% Mar
9%
58%
58%
731
6%
6%
2,345
6»/4-
6%
4%
4%
19%
19 yB
150
16%
16%
270
16
Jan
17 Va-
17%
560
16 Va
7%
590
52l%
Jan
'
Feb
'v; 70
6
Jan
6
Jan
33A
x
•
Feb
65%
Jan
125
Feb
5 y4
"
6%
7
Jan
Jan
4% Mar
450
'
Jan
300
Jan
6%
27%
5y4 Mar
Jan
3%
Jan
5%
Feb
Hoskins Mfg common
13%
Jan
16%
Jan
Houdaille-Hershey
*
41%
Jan
49
Feb
Hudson
*
Motor
4;., /
-
50c
Kinsel
31 y2
Feb
Kresge
12 y8
Feb
6%
Feb
5%
•.•i'
<
Feb
(S
10% Mar
51%
Jan
65
Feb
Masco
21%
Jan
24%
Jan
33% Mar
37%
Jan
Mid-West
15
7'/8
43/4
4%
2
Va
225
35%
336
'
4%
Feb
18%
Jan
20
7'/a Mar
100
2>/b
——
Mar
5
5
1
_
Screw
Prod
Oil
— —
-10
.
McClanahan
„7
5
1
_
_
S)
60
5
—
7'/a
21
17% Mar
Feb
9%
Feb
5%
Feb
2
Jan
23/4
Feb
35
Jan
38%
Feb
2
Jan
Jan
Jan
121
34%
:
16%
1
Products
190..
.
:
—12%
Car
Drug
593/8
333/B
__
Feb
23%
22
.
37%
10% S
-22%
333/8
32% Mar
160
233/s
58
'
•'
•
Products
5
8
73/8 Mar
6'%:
common
125
46
>;
32%
4-
--
10
,,
_____
Standard Brands
United
32%
•
Oil
Pure
4
4%.
7%
10
80
16%
45
—
_10
3%
Z
1
Motors
Kingston
Gas
ii*
3%
1
-
300
15%
«...
10
Service
omiuinbla
•
3
—
Frankenmuth Brewing
Jan
65%
High
7%
53/4
27%
Jan
Low
73/8
Jan
61 Vb
Range Since January 1
High
5%
Gerity Michigan Die Casting
Goebel Brewing
5%
Low
1
Electromaster, Xno
Mar
..
Shares
10
Detroit-Michigan
Jan
50%
for Week
Detroit
20% Mar
"v
Bros
Mar
25
•
Davidson
Unlisted—
Cities
Sales
Range.
of Prices
'
—
\
♦
Rolling Mill
Week's
Sale Price
Kaiser-Frazer
American
.
Detroit & Cleveland Navigation-
Feb
70
157
26
Feb
423A
687
6%
*
_
■
Par
/ Jan
5%
Jan
,
42
;»
•
32%
69
193/4
+
Rapid
62
45%
Procter & Gamble
Randall
64
19
■v
*
__;
Pumps
Jan
53 *
;
_____
Lunkenheimer
24
65
70
50
_
■
STOCKS—
High
32%
42
19%
44 ,fLow
31'
5%
-
•
42
;i
:
.*
Last
Range Since January 1
High
30
Preferred
> t
14
Friday
Shares
Par
Hobart class A
MARCH
for Week
Formica
Participating preferred
EXCHANGES
ENDING
..
Last
Hatlield
WEEK
C -V /'
'[!.-• •"...vy-'-rv
Sale Price
STOCKS—•
Kroger
1483
—
1
common
Motor
Wheel
National
Jan
Jan
13/4
Feb
4%
Feb
4% Mar
7/: 23%
20
22%
147
21%
Jan
22% Mar
13
2
Motor
2%
1%
100
20
22%
13%
450
11%
Jan
15
1,100
2 3/4
Jan
3%
Feb
6
Jan
7%
Feb
Feb
t;:'V6%
10
Stamping
Mar
1,970
4%
22%
—
common
Murray Corporation
300
1%
43/b
.50c
2%
1%
1%
_
,
2
common
Abrasive
Motor Products
Mar
353/4
—
•
2%
3
6%
—
115
6%
20
7
Mar
Feb
Feb
•
Cleveland Slock
Exchange
Week's
Friday
Last
Range
of Prices
Par
(4
Alleghany Corp (Un)
i
v* American Coach & Body
?
American
Tel
&
Tel
;
(Un)__
100
Cliffs
Iron
pfd
•
K
Navigation
*:
.
Gabriel
Co
General
i •
^
(Un)
1,; General
5%
1
0
(Un)
Motors
Jan
44%
75%
26%
1,885
25%
49
Jan
29%
Feb
46% Mar
54%
Jan
5%
1,100
5% Mar
6%
Jan
8
69%
243/4
48%
Jan
57
Jan
75
10
Mar
10%
110
12%
18%
Jan
29%
54%
Jan
61
Jan
17%
35%
Jan
39%
51%
Jan
65%
a333A a333/4
10
32% Mar
40%
a64% a64%
•
a55% a55%
''!% Gray Drug Stores
Great
Towing common—__:__100
Cooperage class A
0
Bros
class
Hanna
(M A)
Industrial
4%%
Rayon
Interlake Iron
:•!
pfd
;
___
(Un)_.
*
Mar
443/g
___'
(Un)
0
71%
Steamship
*
Machine new common
<■
Jones & Laughlin Steel (Un) ___—___^
32%
4
-
Kelley Island Lime & Trans—;
*
14%
10
9%
Lam son
McKee
&
Sessions.,
(A G)
class B_,—;
30
53
61j%
Feb
60
20
28
55
27%
Jan ; t».
28%
510
14%
Jan
15
Metropolitan Paving, Brick
National
50
105% Mar
108
it.
23
10
.
al2
36
11
50
Jan
Jan
:
13%
1,328
32% Mar
36%
2IV4 Mar
22
35%
10
32%
Jan
39
Oil
137
12%
Jan
16%
93/4
300
9
35
59
60.
_
.
w,7%
,
...
Jan
Mar
12
;
Pennsylvania
RR
(Un)__
,
,
Los
Jan
Radio Corp of Amer
Republic Steel
(Un)
27%
Rlchman Bros
Standard
Oil
Ohio
Thompson Products Inc
U
S
Steel
common
Van
Dorn
Iron
Vlchek
Tool,
a8%
Jan
23%
Jan.
^16 Kv Jan/tfi
35
•
Jan
21V4
500
35%
Jan
Jan
22%
Petroleum
Bandini
-•
Feb
Barker
38% Mar
Bros
.V."..''
o
Jan
Basin Oil Co
Feb
■
10%
Feb
1
30%
Feb
15
Bolsa
671
50%
Jan
54%
Jan
FACILITIES
Listed
Oil
Chica
-
25
for Week
Shares
233/4
Jan
29
Jan
40
48% Mar
59%
Xota
3%
'25%
79%
Feb
20%
Feb i
Feb
>
67 Vac Mar
6
6
:
1
8%
2%
350
_7%
73/4
73
68%
Jan
17s/8
18 >'
240
17%
Jan
12%
12%
200
12i/b
Jan
27,
w
12%
-
20
26% Mar
34
8
920
62% Jan
72%
Feb
"•
■
i
;1
.;
v
v..,
."??• ;
Week's
America^
Metal Products
Baldwin Rubber
Bower. Roller
Brown
Co.
23%
16%
233/4
235
17%
1,595
a92 Vb a96%
225
7
-
Investment Corp
Products Corp
20
1
16%
—6
a92%
*
15 y8
15
20
Steel
Products
Inc
19%
i
1
V
v
«•
Chrysler Corp
Continental
Jsn
al83/8 al83/8
1
7%
13
*
573/4
4
Jan
15 y4
200
54 y*
:
59%
1,298
55:! a
34%
--2%,
-2W~ -S
220
600
1
Motors
For footnotes see page 1490
I
96%
10%
10%
.At-
Feb
Jan
45
Feb
21% Jan
28
Feb
,Jan
58% Mar
82
4 Jan
97% Feb
Jan
a88
a88
13
1.15
2,500
100
16
x
Jan
22
Mar
85c 92 %c
-1,500
-
10c
al5c
al5c
'
al5c
400
7%
——1
7%
1,660
-
1.35
Jan
22
■
:
v
9%
16%
15%
680
15%
Jan
1.35
1.35
1.40
2,475
1.25
Jan
1
17%
173/4
18%
835
173/8
Jan
19
265
Jan
265
15%
Co—
15%
Investment Co
100
265
51
80c 82 %C
800
2%
2,925
48c 52 %c
260
Feb
'1.00 Feb
Feb
6%
Jan
7%
Jan
18
Feb
29
5% Mar
-65c
Jan
20%
1.10 Jan
lOo
Co.
Oil
Menasco
r
Manufacturing
Jan
Merchants
5%
Feb
Mount Diablo
Jan
183/4
1.60
Feb
Feb
Jan
Feb
Jan
12 Va
Feb
363/4
Feb
2%
25/b
95c
Jan
Feb
33/4
2% Mar
Jan
Jan
Jan.
40
Co
75c
Feb
11% Jan
>36
y;:
Company
3%
■
Mar
National
34% Mar
2Va
Jan
2%
308
-I/-: ,s 88
100
10
/
Jan
Oct
Jan
48c
Mar
1.00
400
95c
Feb
1.15 Jan
12%
12%
200
■'*" 12% Mar
14%. Jari
1
a9
a9
50
7% Jan
9%
Feb
1.70
1.75
7,350
1.10 Jan
2.05
Feb
52 %c
Company.,
Mining & Devel.
City Lines
Aircraft
60c
1,125
95c
1
Petroleum
Inc
Oceanic Oil Co.
1.00
„1
1.65
Jan
15% Jan'
Pacific
Clay
Pacific
96%
9 V*
54
1.10
100
10c
Feb
Jan
14%
Jan 4:
al6% al7%
al7%
5%
Mascot
High
220>;a! -14% Mar
5
Feb
15%
2.05
Jan
52 3/4
80
5%
Co—
7%
13
550
370
Northrop
34%
.
^
-.100
v.
213/4
/v
-1
'
200
./36\0' 38
Jan
Range Since January 1
2% Mar
200
Jan
'
6%
Lockheed Aircraft Corp
200
16
Feb
Feb
.23%
..
1^0 Jan
250
13
a24% a26 V\
*
•
7%
,
22 J/4
Angeles
Feb
20
34%
Feb
13 %
12,050
22
Los
Feb
•/— :v
21%
550
1.80
1
1
common
133/4
1.60
54%
Petroleum
16%
-
19% Mar
a—
60
13%
1.70
57%
Lane Wells
25
Feb
al83/B
1
Holly Development Co
Hudson Motor Car Company
409
^—.*
:
16
34%
2%
Jan
20% Jan
V101% Feb 4
Jan
13 Va
150
•
V
y
Feb
14'%
26% Feb
130
Goodyear Tire & Rubber Co com
Oil
91%
20
19%
General Motors Corp common—-^--10
Paint Corp common
*
Low
12
1
Adding Machine
*»
13
<Jan
980
a66% a67%
General
Lincoln
High
4% 4i 43/4
16
«
v
Feb
•227/a Mar
163/4 Mar
1,415
a66%
4
A
Farnsworth Tele & Radio Corp__
class 4,A"——
Sales
,-2% ••-,-2%'
v-4%
36
9%
'
tss
Fltzsimmons Stores
Inc
20
170
,
50c
——
Corp
Co. Ltd cl
Foods
15%
al8% al93/8
27 Va
27%
27%'
•
Aircraft Company Inc
Industries
•
Hupp Corporation ————_—1
Shares
5
common.—
McLaren
Burroughs
2
2 3A Feb
4
22% Mar
Corp new com
Creameries of America, Inc
for Week
1
Bearing common
6riggs Manufacturing
,
common
common
«% Peb
V. • •
-
13% Mar
50
Hunt
Range
Low
_______—:—1
Jaii7
•
i
Jan
7,175
1,285
Preferred
'
of Prices
—1
Allen Electric common
6%
9
133/4
Consolidated
DETROIT
'
Sale Price
>-
Aeronautical Products
Feb/
90c
Jan
22%
Colorado Fuel Sc Iron common
i
Chicago Stock Exchange
Last
-/V-:/
7%
22%
Chrysler Corp
New York Curb Associate
Friday
-
Febr
27
Jan
2% Jan
13%
—:
Certain-Teed
i
Detroit Stock Exchange
,
.
„
*
Jan
215
...
a64% a66%
Exchange^.
stocks—
5
300
'
2%
•
Jade
S
4%
4, 22% Jan
1500
4
67%c67%C
'High,,
-
-/
sy» Jan
1,925
315
;
Jan
Exchange
•-v, I.
Range Since January 1
High
•
2
Corp
T'r Sales
Week's
y
Kalser-Frazer Corp
.1
Unlisted Issues
—
.T ^: ^v/;;
Intercoast Petroleum Corp
V
..
BROKERAGE
AND
Byron Jackson Co
Feb
60
Telephone: Randolph 5530
-i
Jan
Jan
2
3% "
3%
67 %c
Hancock Oil Co class A common
■
Fe'o
23A
2
Broadway Dept Store new common
533/4
a26%
llamfcwrs
"i;
2%
100
Low
__
Blue Diamond Corp
Jan
Watling, Lerciien £t
! ]
Jan
1,100
Range
:
Jan
Exeter Oil
ill
153/4
2%
of Prices
Berkey & Gay Furniture Co
8%
a71% a72
y--
Jan
2%
Last
Par
Company
Dresser
Building
Jan
15%
SCHWABACHER & CO.. SAN FRANCISCO
common
26%
,
Electrical
Ford
Mar
14
Angeles Slock Exchange
..
Douglas
Detroit Stock
Feb
7 y
Feb
2 y4
Sale Price
24%
21% Mat;
27
New York Stock
Jan
2%
v"1 '
•
25 Vb
17%
•
133/4
Jan
6»/4
12
.
•
':
2%
Barnhart-Morrow Consolidated
52
•
Tube
Corp
22
World Publishing—
Sc
;. i
4%
190
____■?
Sheet
r
3%
a50% a50'/8
-i.*
.
Youngs town
a 18.%
634
Central
(Un)
Works
^
STOCKS—
Jan
a26
*
common
345
Friday
Feb
30
a8%
52
10
common
15%
ll'/i
100
,
a27% a28%
__
•
of
-
a21%-*21%
•
.
^'3% >
50
233/b
„
(Un)
15%
Feb
8%
160
25
—BO
100
6%
Angeles Stock Exchange
•.
Feb
^
63
1,120,
•
38% : 38%
\
1,286
12
6%
.
*
3%
+Z
(Un)__'
13%
12
,/ Feb
14%
al8 Ve
Edison
Ohio
12%
I;
Feb
7
3%
Jan
Feb
469
a29 % a29i/a
Mfg
7
Feb
33%
213/4
59
RR4(Un).^___, >,
Central
Ohio
&
Jan
West 7th Street—LOS ANGELES 14—TRinity 4121
210
•
Tile
6%
Direct Private Wires to
•
National
350
ALLEN & CO., NEW YORK
Feb
9%
i7
6%
Feb
.4
Jan
45
141%
—1.
Jan
6%!
Feb
35'/4
—-A
I
Acme
4yB
4
com
Jan
».
32%
60,-
Jan
»r
Feb
14%
_
21%
__V,
3%
1
—
new
Feb'.-
21
al2
Interlake
100
—
common
Jan
Jan
Jan ^
Jan
?
a40 % a40 Va
Jaeger
3%
__
Member Los
*,:■
40
61
105% 105%
105%
*
33/4
*
B
;
V
Feb
COMPLETE INVESTMENT
50
143/4
14%
4%
9%
FAIRMAN & CO.
53
w
28
Lakes
Greif
Jan
Jan
Feb
21
*
13%
4
12%
Warner Aircraft
Feb
a40'/B a40y2
common
10
Jan
100
*
Distributors
Co
Jan
8'%
710
4
—
Wayne Screw Products
Feb
*
& Rubber
Walker &
200
9%
12
4
si
Feb
120
®
common
9%
ny8
Feb
Feb
12 y4
50
92
a583/4 a59%
—
9%
Jan
8y4
Jan
Feb
80
al4% al4%
10
7y8
Feb
765
a35% a36
*
585
Jan
Feb
26
a
8'/a
4'/2
•
Feb
68
44
8
Jan
41V2
3% Mar
8y8
Die
&
Investment
Shirt
Feb
800
1
United
5%
39
370
4
1
—
—
Union
Feb
65
5
(B F)
103
100
39%
3%
ny8
com_
Brewing
Udylite
Feb
Jan
Tool
:5%
39
common
class B
Tivoli
Feb
Jan
Co
Goodyear Tire
'
40%
62
93
•
Goodrich
Feb
Jan
50
(Un) _'U._i_LU
Glidden Co
19
Superior
Feb
25
408
a55 '/a a55%
—
lift
>
15%
1743/4
72%
al0%
25
——
vH General Tire & Rubber
210
Mar
Feb
96%
68
1_____1
(Un)
(Un).
167
16
41
5%
1
Sc Rubber com
Electric
196
Jan
47 y8
*
j Faultless Rubber
Firestone Tire
13%
a52% a52%
,—5
4
;
Erie Railroad
V
1
100
420
3%
10
new
Standard Tube
5%
•mm*
•
Sheller Mfg
53/4 Feb
26
--
1
•
.—2
—
Scotten-Dillon
High
Jan
94%
26%
15
Electric Controller
y-'
3%
71%
5
(Un)
Cleveland
&
Mfg
Loui
16%
Co
Range Since January 1
50
41
_
Eaton
94%
(Un)—.—1
Bronze
-.4- Cliffs Corp
Ci
Consol Natural Gas
Detroit
16%
—
common
Cleveland Graphite
Shares
14
_:
_
(HW)
River Raisin
"
al653/4al68%
10
0 Cleveland Elec 111
14
—-
for Week
43/a
Chemical
Rickel
High
4%
5
Z|| Clark Controller
Cleveland
Low
1
.
Park
Car
Parke, Davis
Sales
Sale Price
STOCKS—
Packard
^
,101%
Feb
,
23%
Jan
•
-
6%
Gas
1st
5 %%
1st
common.
preferred
14
Jan
15% Feb
15%
.25
.25
15%
520
40 y4
Products
Sc Elec
pieferred
;V- 41
1,002
42
Jan
a41% a41%
212
40
Jan
41%
Feb
360
35 y8
Jan
38 % Mar
38
38 Va
'40 V\ Mar
,
.
THE COMMERCIAL & FINANCIAL CHRONICLE
1484
Monday, March 17/1947
.!
■J* I
OTHER STOCK
:'RANGE
EXCHANCES
FOR WEEK ENDING MARCH 14
J
7^
'
^
'
•
•
5
:
'
i *
Friday
Last
A'
par
Pacific
Republic
Petroleum Co common
5 Va %
Rice
•
1
50
preferred
Oil
Ranch
Richfield
Oil
—
110
51%
60
10%
52 Va
480
60
'
55c
•
Corp common
Warrants
'
—
52%
>50
10Va
52 Va
10Va
Low
Feh
Feb
9
Jan
11%
51
Jan
.
'
1 ;v
:
v
;
',oA
v
M
;
Jan
v
Safeway Stores Inc
Roebuck
Sears
5
&
Co
16%
Feb
%
Jan
Shell
Oil Corp
Union
Sierra
Corp
Signal Petroleum Co Calif
Southern
39
Jan
52
10
52
Mar
55 V4
27
405
27
Mai-
29%
Co Ltd
15%
32%
So
•'
s$w
*;•
California
Southern
Gas
Pacific
Standard Oil
'
14c
3,650
85c
Jan
1.05
15%
•
*
311
& Light__
Electric
Storage
16%
Jan
General
Jan
Gimbel
29
Mar
32%
Feb'
Lemgh Coal & Navigation__^—
4,115
29
Mar,
32
Feb
National Pr &
v
Motors
740
40 Va Mar
47
Feb
1,569
51% Mar
58
Feb
.v;
v.
'
40%
.
■ ;
..
39 V4 Mar
Jan
'
1
10
9%
10%
2,697
7%
Jan
10% Mar
16
15 Va
16
955
12%
Jan
19%
2
12%
12%. 13%
5,827
12% Mar
15%
Van de Kamp's
20%
21%
3,802
20% Mar
22%
Jan
$1
•
9%
9%
9%
490
9% Mar
11%
Feb
71%
379
70 Va
Jan
23%
23%
210
24%
Jan
1
39
17
Jan
17% Mar
9
__
10%
1%
1%
296
443
1%
8%
220
9
10%
=
2,752
Jan
Co
Tonopah
t-f
Armour Si Co
f,A, accd
T
5%
8
61
•
6c
5%
1,000
Jan
6%
6c
500
Jan
7c
Feb
-
-.14
—_
14
Jan
16%
58
Feb
58
Feb
164% 164%
1,053
164% Mai-
Locomotive Works vtc
39%
14
14%
439
13
Jan
a86 a89 Va
-13
...
40
675
125
97
Jan
14
Baldwin
Company
Aviation Corp
Steel
Corp
6%
6%
•
5
'
22
22%
200
1
90
44'/a
46%
> 297
44%
51%
7%
100
1
7%
12
12
Canadian
•
common
24%
*
24 Va
,
__100
25 V4
27%
'
•
—100
J
28%
11V4
4,884
'
50
•
25%
*
20%
42
42 Va
44 Va
100
73V4
14
26%
19%
.
26%
115.;
,v.:.
117'/a 118%
,
26
—
.
-•
Mining
Ry
...25
12%
—25
Caterpillar Tractor
-34%
22
'
Cities Service Co
•
42
45.,
96
Jan
—5
Corp
...
Northern
Iron
International
Ry Co
of
Canada
Kennncott
51%
A
100
22%
23%
1,395
29
29
McNeill & Llbby
Montgomery Ward
New
York
& Co,
Central
Inc
RR
North
American
Co
Rights
v
Ohio
*.
PArkartl
\>
1
Car
10%
Walker
Fuei
424
10% Mar
12
27%
70
27 Va Mar
30
28%
123
27
Jan
29% Mar
9
9
320
9
Mar
Refractories
Pitts Screw
*
21%
22%
160
21%
io
15%
15%
350
14%
•
8%
8%
1,150
8%
Corp
Renner Co
36%
x35%
36%
500
8%
8 Va
8%
115
1%
1%
100
1
Mining
Bros
13
6%
Feb
San Toy
Feb
Standard
Jan
United States Glass
•
20 7
?
16%
Feb
42%
Jan
64%
Jan
64%
Jan
375
3%
Jan
5%
Steel
1
Springs
—
15c
15c
1
15
15
12%
14 Va
33%
33%
31%
24%
1
common
12%
15
al3
a__
Vanadium
Alloys Steel
Westinghouse Air Brake
Westinghouse Electric Corp
39% Feb
a—
—
11%
Jan
13
Jan
36
105
33%
190
13% Mar
a45
98
10 Va
310
45%
9%
17%
10%
Jan
Feb
*
*
com__12%
24%
150
23%
Jan
25%
Stone
&
Webster
btudebaker
8wift
&
Jan
42%
Jan
56 V4
318
56% Mar
62%
18%
520
16%
22%
alO
Jan
10%
Feb
Mar
32 V4
Feb
alO
25
a29 a30%
Jan
133
750
&
4%
9%
30
'
a22
135
6%
22 %
22%
6 ;
.360
Jan
St.
Jan
,1 7%
Feb
Texas
j
25%
490
25% Mar
30%
Company
22 Va Mar
26%
Tide
Jen
20C
Jan
12%
Jan
17%
Feb
200
12%
Jan
16
Feb
134
33% Mar
36%
Feb
32%
194
30%
Jan
26 Va
418
23%
Jan
Gulf Sulphur Co
Water Assoc Oil
Established
_
22%
York
Louis
Stock
Stock
27%
100
9Va
54%
Jan
22%
Jan
24
Feb
8%
Jan
10%
___
25%
Jan
30%
Phone
Exchange
Feb
28%
680 "
14%
814
a42
a42
a33% a34%
40 Va
*
14
60%
.
Mar
20
47
Feb
33
40 %
a64
•
a__
OBntral
Bell
1,037
,<
65
Feb
68
Feb
General Electric
V*
15
100
15
578
19%
186
-
Mar
15%
Jan
General Motors
Jan
25%
Feb
General
35% Feb
37% Jan
Shoe
102
57%
Jan
60
Feb
135 -
51%
Jan
51%
18%
18% Mar
20
common
common
Jan
com
•
.
International
Shoe
United
Air
Lines
Inc..
—.
Aircraft
Corporation.:——
United Corporation
(Del)
10
5
Jan
93% Jan
23%
?.
—
-
a
17%
23%
a
40
;
>
65 >s
20%
40
41
'
22%
Feb
17 V2
Jan
19%
a3%
a3%
a3%
15%
15%
15%
10
v:
3% Jan
450
••h;; al9% al9%
15
70
*.
W)
For footnotes see
page
1490
—'
12%
1
10
Z-
—
a49%
25%-
271A>
15 V2
11%
5%
19 Va
Jan
;
Jan
-
175
/
11%
37%
Jan
23
•' 1
T:
;.
Feb
McQuay-Norris
4% Jan'
Jan
I8V4
1,108
23
17% Jan
11
11
100
a49 Va
a50
236
Feb
■,
North
American
Jan
9%
Jan
50
Feb
28%
Feb
Sterling
13 V4
Feb
Stix.
Feb
(Un)
____
—25
—
:.
155
29%
21%
29
Va "20%
16
12
7
Feb
23
Jan
'9 21 /'
396
16
Feb
Jan
5% Mar
'
30%
Mar
19%
29 Va Mar'
Feb
Feb
17%
Jan
•
48
.
-i
28% Mar
30
110
v
Jan
Mar
\
Feb
22
33%
Feb
Jan
Jan
V'P
Pub
Serv
-
50
common
25
28%
16
20%
29%
16
...
Febi
.41% Mar
•
•
St Louis
24%
-10
common
Midwest Piping & Supply com
Missouri Portland Cement com
Feb
20% Mar
44
14
"
910
A
Feb:
11
95
890
"
6
22
.20
Jan
Feb
65%
36 Va Jan
67% Mar
31
50
23% Mar
"65
__
55
Feb
39%
Jan
Jan
Jan
9;
Jan:
51%
32%
-
105
15%
4
35 Va
10
37
High
36 Va
7% Jan:
323
<rr;4o
5%
"tr-:.
•
Low
32% Mar
r*
330
59%
33%
11%
common.
common
'
•r
57%
41
«,«.
Laclede Gas Light common
Laclede Steel
common
284
18 %
•
Knapp Monarch
a__
T.
'
Willys-Overland Motors Inc
(F
93%
a__
"
_•
& Mtv Co
Company
15
—
'.;;
Woolworth
Johnson-S & Shinkle
208
5
Warner Bros Pictures Ind
Western Union Tel Co A_
w«.^ftinehouse*Elec
a95% a98Va
al24%al24%
45
20%
T25
common
/'
65
Pfd
Range Since January 1
"
33%
57%
7-lx.;V
■
(Unlisted
Hydraulic P Brick
-V
150
36%
35%
35%
.10
-
*
9
9
(Un)
(Un)
common
Shares
High
32% '33%
32%
Jan
310
a50 a51 V2
■
„
MS
Sales
of Prices
Low
—10
common
Griesedieck-Western Brewing.
-
Houston Oil
a56 Va a57%
18%
common—
26
a64
a35
1
Shoe
Century Electric Co
21%
,
.
for Week
Range
'■'•T
Par
Brown
Jan
15
a95%
SL
Exchange
Week's
Friday
Sale Price
Feb
41%
21%
a50
47
a._
Feb
a33%
a5tf%
-
STOCKS—
Jan
39%
15
•
7«00
Teletype
^
St. Louis Stock
Feb
15%
'
a33%
1
100
Feb
Missouri
Exchange
Feb '
1,507".
14
10
Carbide & Carbon
Corp
Union Pacific Railroad Co
Feb
28%
Co.
&
Chicago Board of Trade
New York Curb Exchange Associate
437
24
9
•
'
28
Uo'oo
35%
;
1871
"
United
'
Feb
'
25
Texas
Feb
10c
173
Jan
1,404
a54% a56%
25
13%
Feb V
22%
■
29
>
Jan
Jan
Members
New
4% Mar
4tfj Mar
,22%
22%
___25
Inc
Feb
2
Feb
•
Corp
Feb
9%
Jan
13
2,575
Edward D. Jones
Feb
17%
•
Company
42%
Jan
Jan
39%
1J '
(N J)
1%
St. Louis Listed and Unlisted Securities
Last
Standard Brands Inc
Standard Oil Co (Ind)
Feb
Feb
56%
_•
Socony-Va'cuum Oil Co
Southern Railway Co
Jan
10%
Feb
45%
Feb
110
•
Republic Bteel Corp
Feb
16%
Jan
a32
a23 Va a23%
•
•
'
Jan
25%
i*
24%
Jan.
—
125
13%
6V2
—,
Feb
Jan
Feb
4%
35% Mar
17%
SO
Feb
10%
Jan
7%
760
31% Mar
42%
......
America
Standard Oil Co
13
Jan
>
35% Mar
10
—•
Bolt
&
Feb
Feb
11% Mar
27%
Supply..
Reymer
48%
20
—1
National Fireproof lag
At
Jan
28%
Pittsburgh Plate Glass
"
41%
—5
Jan
50
a21%
Co
Company
of
10%
80
..10
—1
Chicago Stock Each.
Incorporated
Corp
10%
Electric
&
Devonian Oil
Duquesne Brewing
Fort Pitt Brewing..
Jan
a36% a36%
Company
Oil
Radio
Jan
Harbison
80
10
Pennsylvania Railroad Co
Pure
10
Mountain
a41
Paramount Pictures Inc
Pullman
700
Feb
5% Mar
High
11%
-
16%
4
Motor
Low
11%
Candy.
12%
Jan"
Range Since January 1
High
'
L)
Jan
30%
Low
Shares
Mar
Feb
3%
for Week
17
(D
Jan
49
Jan
Jan
155
Jan
1,248
_.
Oil
52 Va Mar
24%
32%
43%
9%
Jan
1
,
Feb
Sales
Range
of Prices
300 North 4th St.. St. Louis 2»
Aviation Inc
American
Jan
Feb
4%
,
Mar
17%
Feb
56%
m
North
'
i
3% Mar
15%
a44%
a36%
m
4%
22% Jan
41%
15%
40
10
Bobbins Inc
49%
17
95
13%
—
&
Jan
;
29
200
Week's
Sale Price
Co
225
a31%
e
iy«
41%
12
36%
7
_
Loew's Inc
McKesson
1,380
a42% a42Va
a447/a
Jan
17
32
Jan
14% al4 V4
al2%
•
Jan
3 V4 Mar
v
29
31%
Jan
Jan
—
Copper Corp
1%
639
3%
23
Clark
Feb
63
10% Mar
31%
19
•
Llbbv
3%
10%
4%
•
International Tel & Tel Corp
Feb
Allegheny Ludlum Steel—!
Feb
a66% a66%
—
Feb
1%
Blaw-Knox
34% Mar
a40Va
*
Co
24
61
165
100
■
10
•
*
pfd.
Mar
74%
3% Jan
Last
Jan
35%
a40%
—1
Corp.
Nickel
10%
15%
Jan
oil
a
_
Jan
100
Jan
262
.13%
STOCKS—
Jan
46%
Feb
63
95,
27% a28%
35%
*
_
Graham-Paige Motors Corp.
Great
12 Va
5%
—
•
Interlake
42%
34% Mar
(
5%
General
Co
185
100
y
3 Va
•
F)
12%
34%
al8% al8%
Electric Bond Si Share Co..
(B
43%
a29% a29%
General Electric Co
Goodrich
Jan
10%
A
Foods
Mar
46%
a
al6% al6%
Zellerbach Corp.
Curtiss-Wright Corp
49
Mar
3,213
—20
Feb
75
—
Crown
Class
1
a30% a31%
•
Commonwealth & Southern Corp»«
Cons Vultee Aircraft
Corp
—1
-
71
%
3%
Feb
Mar
100 >
4%
51%
Jan
39%
Jan
10%
Continental Motors Corp
30%
21% Feb
14
Friday
22%
42%
a
a30%
Jan "
Jan
Pittsburgh Stock Exchange
Feb
160
»
1125
Jan
4%
3%
Feb
118% Mar
300
4%
Jan
29%
106% Mar
21
338
1%
27%
Jan
-19%
..
549
100
73%
—25
—25
Coal
Feb
Mar
.
34%
90
a597/a a6oy8
,
Columbia Gas & Electric Corp____
Com m on wealth Edison
Company—
Mar
115%
j
.40
.
l'/a
Feb
434
12%
•i 34%
•
,„r—,
Jan
12
104% Jan
'
.;444
72%
1
Corp common..
preferred,
Columbia- Gas
Pacific
Jan
9%
Jan
24% Mar
433-
106 % 106%
—
117%
,
3
common
Jan
24
90
a43%
—
(j I) -Co.
Feb
7% Mar
100
Mar
7 Va
a42% a43 Va
—15
Borg-Warner Corp
Case
Feb
15% Mar
97
Jan
19
250
34 V2
♦
Borden Company
Feb
Jan
27
21V4 Mar
'
6% Mar
92
34%
•
—
42
Jan
38
240
6%
a21 a21%
5
^
7%
22 V»
20
7,498
Par
Bethlehem
Jan
Jan
8,800
23 Va
; Jan
52% Mar
52% Mar
a50%
38 %
a 50%
—
—3
Oil
Jan
173
.100
Corporation:
Barnsdall
Feb
1%
20 Va
Westmoreland
Feb
60
38%
—5
By Co
510
14%
164%
-50
(111)
P
1
21 %
-
United Gas Improvement.
14%
14%
.Too
Corp
•12
20
common
Transit Invest Corp commonPreferred ;
Feb
a53% a54%
Aviation
Bendix
5%
6c
Smelting '& Refining Co.
Viscose
Feb
Jan
Jan it
5%
Jan
65%
Jan
1%
50%
30%
-
44 Va
Scott Paper
$3.40 preferred
Jan
10
$3
Copper Mining Co
•
Jan
24%- Jan
385
6%
Jan
-51%
•
22 Va
United
Anaconda
Jan
47
2,235
-•-
11
•
6%
0
preference
Reading
Stocks—
American
h
Feb
V 24%
■:
6%
.
673
59%
25%
Mining StocksAlaska Juneau Gold Mining Co___
10
Black Mammoth Cons Mining Co...10c
American Tel 6c Tel Co
Feb
12%
20 Va
•
American
Feb
6
Jan
10
Sun Oil-
Amer Rad & Stan San Corp-*.—
Jari'
20% Mar
1,128
-
26% Mar
al7% al7%
__
i'iA
Unlisted
105%
Jant
5
8%
Feb
•
50
preferred
4.4 preferred
Philco Corp common....
79% Feb
'23%
•
;
71
__
10
Bakers Inc
Western Air Lines Inc
15
•
49%
57%
^'
Light
3.8%
*
.
(H D)
86%
500
Feb
83 % Mar i
Jan
20%
—;
Universal Cons Oil Co
273
Feb
24%
11% Jan
410
24%
10%
—1
Philadelphia Electric Co
United-Rexall Drug Inc.
United States Steel Corp
'•
21V4'
47%
57%
<
/ /
Philadelphia Co
Feb
/
"
Pennsylvania Salt Manufacturing
Pep Boy's
25
Union Oil of California
Mar
10
20%
48%
•
Pennsylvania RR
,
Jan
76
■5%
9%
20%
5
Lt ex-distrlbution
>
•
.
common
.52%
_
19
" ' 296
.
28 % Feb
174%
45
97%
5
—10
Brothers
51%
37%
High
Jan '
164% Mar
"
34%
224
93%
—'
*
Jan
39%
*"•
13 Va
Battery
40%
52
93%
25%
1,025
4
12%
1
*
—
15% Mar
;
•'
83 %
12%
685:''
1,924
Jan
50c
Inc
Transamerica Corporation
Delaware Power
Pennroad Corp
Penna Power &
39%
If
Co__
common
32
.
76
12%
5
Co
.9.945
.31%
«
Corp
Brewing
Pub
1,599
33
29
__
.
79
•
1,143
.15%
29
__
M)'? V'
Sunray Oil Corp
Textron
Jan
Cooper
Curtis
;: /
25
Calif
of
»
llc
.
6%'pfd A
Company
Co
v.,*
Feb
7,400
32%
;
6%
prefered class B_
25 /
29% "
5%% preferred class C———25' *29%
'•'< y1
34% Mar
1,066
85c 87.1/2C
25
com
V
12c
12c
•
Calif Edison
50
—
Chrysler
Feb
85c
Co
Low
27%
164% 168%
20%
21%
—13
Bankers Securities Corp pfd___
Jan
27
—
1
Sinclair Oil Corp
36
52
—
25c
Wks vtc
26%
165
-
Range Since January 1
High
•"
27%
ino
Shares
24% Mar
Jan
34%
52
15
Trading
21 %
195
—
30
It Tel
for Week
of Prices
Low
•
-
a23 a23%
—
•
Security Co
■.
Tel
Baldwin Locom
Mar
14
248
400
Stores
American
Jan
75c
Mar
55c
1
Sales.
Range
Sale Price
;
.
Par
Budd
•
;
STOCKS—
,
Feb
"
t
Last
•
,
American
1,200
Week's
■
;
.
52% Mar
15%
aa
Friday
55
62%
Jan
Mar
33
65c
15
High
1,400
32
15
—
—
Philadelphia Stock Exchange
Range Since January 1
High
52%
—
1
Co.
Shares
-
Low
52 %
10
Indemnity Co
Pacific Lighting Corp common—
t
for Week
Range
of Prices
Sale Price
STOCKS—
A Sales
Week's
t
"A" common—..50c
«'9%
:
Aluminum
Baer
Wagner
&
Fuller
Electric
common
com
common
new
i
5
—15
'•
~
9% '•
28 ""
14%
.15...
15%..
50
49%
50
'
:
28
r
400
"
9%
Feb
10%
27%
Jan
"
95
....
:
29%
Feb
340
14% Mar
18
Jan
236
42
51% Mar
Jan
J
olume
yolum(
THE COMMERCIAL & FINANCIAL CHRONICLE
165n Number 4577
STOCK EXCHANGES
OTHER
RANGE FOR WEEK ENDING MARCH
Last
STOCKS—
of Prices
Sale Price
Alaska
Juneau
Calif
Gold Mng
National
Co
10
Calamba
Sugar
Calaveras
34
1,156
33
Mar
36
Jan
8
8%
2,455
8
Mar
12
Jan
240
Jan
5 % Mar
100
228
230
20
4%
4%
450
a22% a23%
94
4%'
6%
Feb
228
Feb
4%
6%
*
14 %
*
ftft/:'.;3
145
3
Feb
3
Feb
9
/ 300
9
Mar
11
Packing
Corp
30
Caterpillar Tractor Co
*
common
7%
6%
•
6%
200
14%
60
Consolidated
28%
6%
..,7%' Feb
Jan
5
a59% a60%
Western
1.25
ft 1.10
1.25
5,200
.94%
94%
94%
805
a24%
a24% a25%
6% Mar
14% Mar
100
Jan-
59
50
Yellow
Dept Stores
Cons
Chem
Vultee
1______20
Ind
Creameries
Crown
A
Air
ft
Zellerbach
15
Jan
.57c
86%
63
Port
Alleghany
Feb
Jan
105
Jan
30
65
Feb
28
13%
Jan
13%
Jan
35%
a__
52
35%
-
Doernbecher
El
Dorado
Co
25
19%
28%
30%
107
■
20
107
253
13
35% Mar'
38
Co
17%
Kleiser
Galland
Linen
General
Motors
General
Paint
service
Conv
2,811
28% Mar
Jan
Gladding
Jan-
108
117
Feb
123
104
25% Mar
32
80
12
75
80 I'. Mar
Greyhound Corp
•ft!';
.
,
9%
9
9%
830
33
30
33%
2,695
40%
40%
40%
230
Mar
8% Jan
Holly
3
Jan
Hudson
Motor
Foods
23
Jan
33% Mar
40% Maf
49%
Mining
23%
7%
Jan
9%
Feb
Calif
6%
6%
ft 6%
100
6% Mar
8
Jan
14% ft
14%
14%
a52%
a40% a42%
38%
3
17
Feb
57%
Jan
Feb
50
•
3%
-
14
a—
a
Feb
400
39
43 Va Mar
38% Mar
175
205
f; 41%
13%
6%
6%
320
6%
Jan
21
21
530
19%
100
•14%
14%
385
14Va Mar
22
130
22
^7%
Jan
common..
.5
'
14%
22
5
22
35
1
.
35
35
255
2%
2%
400
140
24 V4
4%
21
21
21
100
19 %
18%
18%
300
Trading Corp com.
4%
4%
4%
4,330
10
Columbia Gas & Elec
*
22%
Jan
23
Jan
Columbia River Packers
*
30
Jan
35%
Feb
30%
30%
200
30
Jan
34%
Feb
29%.
30
1,239
29% Mar
35%
1C3
102
103
325
31
31
31
236
31
21
21
21%
629
21 V Mar.
1:10
1.10
1.10
100
42 '/e
42
42%
865
common
Commercial
Solvents
102
Jan
103
Ma-r
37%
*
_*
a
17%
—.6 66%
al7'/8 al7%
21
21
—20
a35%
1.05
1.05
1.10
1
7%
7%
7%
17
Jan
389
a35% a35%
21
Mar
Jan
45
35c
600
30c
45c;
JftU
220
12%
Jan
14 Va
Feb
810
51
Mar
54%
Jan
a27%a28%
11
26
Jan
26
Jan
10%
200
Feb
r*4
Jan
a
27%
10%
10%
25
25
34%
34%
34%
24
24
24
Feb
29
10
10
265
150
37%
Feb
1.45
Feb
9%
Feb
Jan
25
17%
17%
18
4%
4%
40
%
3%
929
455
alO
alO
Curtis
Publishing
„
a36% a36%
a36%
Co.;
Feb
39
Feb
.80
1
5%
23%
5%
5%
450
Jan
6%
Feb
23
24%
682
Mar
25%
Jan
10
5%
5%
5%
600
5% MT
6Vb
Feb
5
14%
14%
14%
252
14% Mar
36%
Curtiss-Wright Corp
Dominguez Oil Co
36%
36%
722
;
.
.
—
Bridge
Electric Bond & Share Co
General Electric Co
Goodyear Tire & Rubber common
Graham-Paige Motors
Nor
Ry
Mar
5%
23
Jan
36%
Feb'
Holly
Jan
27
Jan
Jan
10% Mar
17%
Jan
4%* Feb
20
6%
428
2.95
2.95
3
1,800
31%
31%
350
Feb
Inter Tel & Tel Co
Feb
Kennecott
Feb
26%
26%
100
26% Mar
26%
Jan
275
275
290
2,355
2% Mar
3%
Jan
Monolith
10
13%
13%
14%
714
13% Mar
15
Feb
5
Inc
Loew's
?
a!4 a 14%
150
a45 a45%
240
46%
23%
640
23
Matson
Navigation
Co—
Portland
12
12
12
255
11%
Feb
14
Feb
11%
11%
11%
1,050
11%
Jan
12%
Feb
Nash-Kelvinator Corp
100
14
14
85
85
14
.
150
85
10
10%
Jan
14
Feb
83
Jan
87
Jan
14%, Jan
Y
Central
RR
27
27
1
40c
40c
*
Cons
10
10
10
B
27%
590
27
500
27c
880
40c
10%
10
Mar
Jan
Mar
30%
Aggregates..
$5
dividend
Pac Pub Ser
■
.
Corp
Feb
Northern
Jan
Ohio
Co
Jan
9 %
Feb
40%
41%
4,388
40 % Mar
42%
41%
41%
881
39%
Jan
41 % Mar
Packard
38
38
38
173
35%
Jan
38 %
Pan
59
60
700
59
Mar
5
103
Mar
a
preferred
Roos: Bros
Oil
•
Feb
15
Mar
Feb
28%
105%
110
425
18
50%
a
*
28%
1
21%
Safeway Stores Inc
Oil
•
18
18
,
a50% a51%
27%
2
414
29%
21%' 21%
50
105% Mar
a
__
.
70
17%
;
■■'•■
Jan
Feb
129
Feb
Pennsylvania RR Co
78
Feb
96
18
So Cal
Gas Co
pfd ser A
Co_
Feb
57%
Feb
Feb
30%
Feb
247
21%
111
10
Jan
25
Feb
Radio Corp of America—ft.————
Radio Keith Orpheum
10% Mar
Jan
25%
Feb
15
15
15%
475
14%
Jan
16
Feb
Sinclair Oil Corp—...
——
Soconv-Vacuum Oil capital
Mar
47
Jan
So Cal
19%
11%
Spiegel,:'Inc,
Super Mold
of
Co
Cal
39
40
90
17%
390
17% Mar
23%
23%
585
21%
17c
16c
17c
35
35
551
35
38%
Feb
26%
295
26% Mar
30
Jan
Studebaker
84%
Transamerica
93
93
22,300"
150
48' •;
52
3,099
100% 100%
26
25
40%
•
40%
1
_2
•
___10
For footnotes see page
Jan
Feb
22%
Feb
22
Feb
32%
Feb
310
Jan
223/4
Jan
13%
Feb
a—
—
5%
a
10
15
12% al3%
465
11%
Jan
325
28%
J an
a
39%
40%
40%
41%
20%
al4
52%
a29%
a20% a21%
al4 a 14%
51%
52%
a29% a29%
Feb
7%
Jan
a25% a26 %
13%
a
6
Jan
Feb
16c
Feb
24 % Mar
Jan
20c
Mar
Jan
337
1,760
42
Jan
100% Mar
37%
Jan
40 % Mar
295
90
4,431
6-
20% Jan
a__
Feb
Feb
15
307/B
Jan
26% Feb
21% Mar
22%
1,573
a25% a27%
275
25Va
Jan
30
Feb
39
225
37%
Jan
42%
Feb
21%
22%
a25%
39
39
100
7%
8
8
a55%
a57
53
54%
;a22% a24%
105
21%
8
a57
a22%
.
8%
Jan
55%
Jan
Feb
Jan
Mar
24
Jan
8%
10%
Jan
52%
104
9
9
1,635
13%
14%
885
13
Jan
15%
Feb
27%
27%
845
25%
Jan
303/4
Feb
16
16%
1,008
Mar
18%
Feb
27%
16
16
Jan
al3%
21
Jan
350
15% Mar
16 VB
Jan
14%
195
14
15%
Feb
18%
15%
al3%
Y;-
15%
18%
15%
*
15
a
40
18'%
l
Jan
Mar
25
—
32%
32%
341
32% Mar
34 VB
Feb
29%
30
1,013
29% Mar
32%
Feb
32%
.-25
common
30
5% %
preferred
Corp
Guaranty
25
...——
Standard Brands Inc
,307,
.
a33 %
25
100
30
60
63%
268
21%
21%
405
31%
Mar
a__
63%
21%
30
30
18%
69%
24%
Jan
40% Mar
United Corp of
47
Utah-Idaho Sugar Co common
Feb
20% Jan
Company
Delaware
86%
24
65
18%
Jan
3%'
3%
3%
800
3%
Jan
4 V8
Jan
4%
700
4% Mar
4%
Jan
Feb
2.25
Feb
J?
Feb
86%
.'ft
a
4V4
4%
2.00
2.00
2.25
200
5
Warner Bros Pictures
193/4 Jan
■-■"7
'
—25
com
Feb
86 Va Mar
a 17%
86%
al7%
1
5
Jan
17%
"
United Aircraft Corp common
Feb
■-■--■ft
a__
633/4 Mar
86 Va Mar
—5
pfd.—
i
a33% a33%
63%
1
common.
Co
*
—
Feb
Feb
Feb
9
13%
1
'
la'/s
15
15%
2,060
;
1.75
15
00
Jan
a__
51% Mar
58
Feb
29%
32
Feb
Jan
Westates
Petroleum
18%
18%
18%
895
18% Mar
20%
Jan
13
12%
13%
15,730
12% Mar
15%
Jan,
•
Westinghouse
Electric Corp -Com__12%
Willys-Overland Motors common
1
Woolworth (F W) common
10
1490
I
50c
Jan
3%
1,138
3%
Jan
a 19%
115
17 Vb
Jan
23
Feb
23Va
Jan
28%
Feb
13
V
a
Jan
400
3%
al9%
38c
1
Telegraph A
30c
38c
3%
19%
—1
common
Preferred
Western Union
Corp
Jan
Jan
93 % Mar
93
Ltd
Ed
6% preferred
50%
__
Oil common
30
6%
18%
Standard Oil Co of N J
•26%
C4 CD
39
'v
Water Ass'd
13%
6%
a25%
'
Tide
13%
6%
com..—
17%
100%
<
common
Co
Water
35
15
—
Corp Cap
2.50
19%
'
Shasta
Vica
Standard Oil
5
Feb
10% Mar
23 %
-
_
Sperry*. Corp. common....!.——u.
a__
Jan
.Jan.
17%
-.100
_
Mar
Jan
Mar
18
€0
200
13%
Republic Steel Corp common—_——•
———•
21%
*
..
520
5%
Riverside Cement Co A
170
a37 a37%
___5
...
Feb
Feb
Mar
57
25%
Title
Southern; Pacific
64
-
"
■'
2,590
687
.
__
19%
18%
5%
20
22
.
Preferred
18%
2.15
15%
a21% a21%
18%
a21%
•
—*
10%
•
Soimd-view Pulp Co common
29
Co
Mill
Pioneer
Pure Oil Co common..—
10%
5
A
16%
450
Pullman Inc cap
Jan
a__
21%
10 pesos
class
575
31
33 %o
25
22
10
common
800
17%
29
50
—
Pepsi Cola Co
Phelps Dodge Corp
a37
common
Gas Co
19%
17%
31
1
10%
Sears; Roebuck & Co capital
&
19%
17%
—2.50
•
San;Mauricio Mining
19%
——*
common
39
t:
400
1,108
5%
Pictures common
1
common.
Shelli Union
al61% al61%
70%
70%
Co
Motor
1
common—
S &W Fine Foods Inc
Oil
Feb
12%
27%
-P100
_
common
i n
2.15
16%
•
___50
'vsi
Signal
105
560
250
70%
A
Corp
102%
a
14%
108%
Manufacturing Co
{' ft Richfield
102%
27%
al61%
common
Republic Petroleum Co
2.15
Feb;
7% Mar
Feb
14%'
100
Puget Sound P & T common
5%%
a
62%
27%
__100
capital
23c
Jan
56
16%
20
20
American Airways.
Paramount
27%
common—.
Rayonier Incorp
Feb
14%
Preferred
Rheem
102%
-—
Tel Co
26%
J.m
Jan
41%
ft—
Pac Tel & Tel common..
Co
7
40 %
KQ
—
Petroleum
1,067
Jari
7% Mar
2.15
.
100
common
Sugar Co
Onomea Sugar Co
25
——
Philippine Long Dist
8
570
.ft'
18'C
*
Pacific Railway cap
Oil
25
common..
Paraffine Co's
8
58%
24
Feb
25% Feb
.;>&■$
Jan
60c
13
—25
common
1st preferred
Phillips
8
5
57%
.
44
*
Olaa
G & E Co common
1,400
7%
20c
10
capital
North American Co common
Petroleum—
49%
Jan
Mar
16%
5
National Distillers Prod
N
20c
7%
57%
.—*
5c
525
24%
24%
1 ftft 20c
pfd—10
7%
iUi,
8%
Montgomery Ward & Co
Mountain City Copper——
100
Invest com
24%
*
|
Cement
•
preferred
36 V* Jan
17% Feb
-vr->
!.
common
23
23%
common
v'ft. 3% Feb
Jan
"
14%
a
Mar
8% Jan
« Feb
31% Mar
a45%
common
Copper Corp
—
25
Feb
2:80
Feb
5% Feb
a—
—
37% Mar
26%
6
6%
4%
1
24
25
31%
Oil Co.
.10
110
24 %
60%
Feb
4
a__
24%
Battery Co class A
39% Feb
.
Jan
195
220
4%
Jan
16
Jan
56%
4%
a41% a42%
4%
a41%
Idaho Maryland Mines Corp—
International Nickel Co Canada—
Hobbs
35%
170
a54% a55%
a54%
1
common..
cumulative pfd—.
non
30
17%
Inc
Feb
12%
Feb
39
10
a9%
-a9%
a9%
,
Jan
Jan
9%
50
Jan
3%
29 %
27 % Mar
alO
Mar
24%
ft
3% Mar
27%
Jan
Co common
45
23% Mnl"
3%
27%
N Y_.
of
10
100
a24 a24
a24 %
45
3%
Jan
Lighting
■
Jan
ll'/ft
Mar
25
45
27 %
Co
24
300
4%
*
Southern...
34% Mar
45
45
45
•
31%
Pac
*
Jan
6%
100
10
-1
Coast
ft
10% Mar
—r
Dumbarton
1.05 Mar
3,300
._7
1st preferred
L.
5%%
1st preferred—.
;
Feb
Mai!
20%
4,491
__1
6%
Feb
19% Mar
12%
35c
12%
Continental Motors Corp common
1
Continental Oil Co (Del)..,
.......5
Jan
36% Mar
65
•
1.35
Jan
137
22%
25%
1.10 Mar
40%
&
Consolidated Edison
.
....
*
Pacific
Feb
23
Jan
-100
Service Co
Commonwealth
—
Pacific
5%
.
a47% a50 %
35C
*
Cities
_•
class
Jan
91% Mar
Feb
14%
Oil
2%
.
18% Mar
Jan
173
Filters
Mar
38% Feb
•
•
Jan
18%
1
Feb
918
United
ft
Feb
22
Feb
5
28%
15%
American
Feb
16 Va
•
91% Mar
2%
<
& Sullivan
5%
65%
Jan
37%
Occidental
Feb
•
2% Mar
a90% a91%
2%
a91
common
Jan
15%
Oliver
'
Jan
Mar
35
96Va
•
Jan
.
ft
Jan
15% Mar
Jan
Feb
94
ft:
' :
Feb
3%
Mar
3
1,262
14
21
Jan
4%
34%
North
Feb
Feb
174%
Jan
6%
52%
39%
„1
American
Feb
5%
16%
Jan
169
751
85"% a88%
a
12%
15%
6%
Jan
Mar
14
56%
132
<
3
20
110
Inc
Co.
Feb
35
Jan
13
common
240
100
110
Co
Frank
-
Jan
29
65c
Y
Jan
13
1,690
39
3
•14
a47%
37 %
&
Jan
Jan
11%
32% Mar
879
a52 % a52%
38%
25
._5
North
ft
3%
100
15
a40%
1,650
23
Natomas Company "
•
•
Jan
65c
950
♦
59%
"5% :
.10
National Auto Fibres
<
4%
32%
14%
14
25 Vz
31%
Morrison Knudsen
)
4%
...
32%
5
M J & M & M Cons
i
27% Mar
14%
25
Meier
.
Jan
60
50
com
25
25
Menasco Mfg
£
39%
1,000
a53% a54 %
Co
Steel
Pacific
Marchant Calcul Machine
.i
15
65c
al64%al68%
5%
B
Magnavox
.
23%
39'/a
19% Mar
1,467
27%
a53%
58%
23
Lyons-Magnus class B_____—
ft
Jan
Jan
9% Mar
al65%
25
31%
Libby McNeil & Libby
Lockheed Aircraft Corp
ft r
4%
Pacific Railway
Chesapeake & Ohio RR
Langendorf United Bakeries
,
V
32%
♦
5%
23
common
G)
3.30
34%
3.20
300
100
58%
12
(R
20%
——*
i
Canadian
31%
Leslie Salt Co—■_—
LeTourneau
Jan
29% Jan
Jan
Gt
Class
San
Co
(111)
Oil
Hill
Feb
Co
Corp
19%
14%
•
Boeing Airplane common
22%
Co
Kaiser-Frazer
1
20
Blair & Co Inc capital
Jan
29%
Idaho Power Co——
IXL
Feb
78%
>
Feb
100
9
common
65c
Aviation Corp
Berkey & Gay Furn Co__i
370
1
Car
Inc
27%
65C
Bendix
7%
Development
Hunt
Co
Locomotive
22%
—
Honolulu Oil Corp capital
1,591
Jan
11
-
'/!'' 1
'•
1,003
■ft.,:,;, 425 ft
a87% a87%
a88%
7%
9
Pine Co Ltd—
27%
10
20%
5
22%
common
7".-,;'''
Hawaiian
V
9%
Mining
Mining
Bethlehem
__10
—
9%
Baltimore & Ohio RR
25%
•
preierred
ft.';: 9%
Corp com
Jan
80
2
—
a87%
1
Std
Baldwin
25%
Golden State Co Ltd common
4%
85
100
100
7%
common;
Co
3.25
.
*
Co
Jan
.
32
—
&
3.20
a30% a30%
3.20
a30%
common
22%
preferred—
McBean
Jan
71%
Jan
Mar
Jan
32%
105%
25% Mar
a
2nd
Feb
11 %
10%
Topeka & Santa Fe
Aviation Corp of Del
1
Corp common
Preferred
26%
25
9%
50
&
Tel
Copper
&
Armour
2%
Corp common
Jan
24%
l
Atchison
20
—
common
Tel &
Argonaut
Feb
23 %
123
80
*
Farnsworth Tele & Radio common.
Foster &
Jan
9 % Mat
70%
25
9%
100
Ltd
Radiator
Barnsdall
...
_
69
24%
71%
common
American Woolen Co
Feb
Jan
15%
117
*
Plantation
24% Mar
common
American Viscose
Bunker
Ewa
•;
,
Smelting & Refining
Anaconda
Jan
19 % Mar
1,077
:
32%
Jan
25%
*
common
Jan
•
pfd_.
com
Factors
American
—
117
25%
Works
Emporium Capwell Co
21%
ft/,'.71-r. ftft ft
Jan
25%
»■
preferred
Mfg
Oil
661
High
22%
Jan
15%
25%
....
cumulative
24
common
RR
Corp
American
Jan
15%
a—
—
30%
209
ai5% ai5%
29
.107
v
.....
common
22%
1
Jan
117
B
23
American Power & Light
Feb
27
110
19%
Di Giorgio Fruit Corp A common.. —5
$3
23
10
Oil
Preferred
1.25 Mar
Jan
26
600
19'/a
a
a30% a31%
15%
5
Corp common...
—
15
al8%
35'/a
a
*
Preferred
28
a25% a26%
a30%
_1
common
la
a25 %
1
common..
27% "
.
191/8
a
.
•
.
Corp
of Amer Inc
Y
"
-
Cons
Jan
25
Pacific
Yosemite
Amer
27%
"
,ft Columbia Broadcast System cl; A.—2 Vai
v
commonwealth Edison
25
4
20%
Cab Co common
American
—..ft—25
Colorado' Fuel & Iron common,.
*
•ft,;' : Preferred-.i
124ft
20% Mar
Unlisted Securities—
27%
122
1
Jan
Jan
13%
775
5
common
common
Coast Counties G & E—
First preferred!.—
v
23
common
Indies
Western
28%
a59%
25
400
14 %
28%
•
7%
3%
Co
23
ft,
Low
■'■'• 2,054
Feb
-
common
Mining
Chrysler Corporation
Clorox
Chemical Co
23
20%'
12%
Corp
Jan
;
com
21%
10
:
Fargo Bank & U T
Sugar cortimon
West
Range Since January 1
High
20%
U S Steel Corp common
Universal
Feb
7%
Lines
Shares
Low
25
common
Victor Equipment Co
Jan
25%
5
Co
Air
Wells
Feb
Jan
4%
1
Mills
Eureka
228
5 %
a 23%
•
California
Central
33
2
Class B
t
5 %
33
——*
_
United
High
Low,
5%
capital
Cement
Cotton
High,
Sugar
Sales
for Week
of Prices
Par
v.,
Oil Co of California
Union
8%
...—100
California Art Tile class A
Calif
Range Since January 1
20
Imp Diesel Engine.
Bank of California N. A
Bishop Oil Co
Byron Jackson Co__J
Union
2.50
Bank
Atlas
■v
Shares
Low
Sale Price
;>
for Week
Week's
V Range
Last
•
STOCKS—
Sales
Range
Par
Anglo
Exchange
Week's
Friday
1<
Friday
San Francisco Stock
148S
't
38c
25%
25%
25%
350
11%
;11%
11%
200
10
Jan.ft-
a49 a49%
105
50
Jan
a49 %
ft/ft
4%
52 %
Jan
Feb
Jan
;
ft
THE COMMERCIAL & FINANCIAL
CHRONICLE
Monday, March 17,
1947
CANADIAN LISTED MARKETS
RANGE FOR WEEK ENDING MARCH M
Montreal Stock
Friday
Exchange
Friday
Sales
Range
for Week
Sale Price
STOCKS—
of Prices
Shares
Low
Par
Abltibl
Power
$2.50 prior preferred
Acadia-Atlantic Sugar A
5%
preferred
Steel
Aigoma
18%
2,805
4,925
70
5
32
25%
25%
'
28
Bathurst Power & Paper class A
—*
8%
187%
Light
British Amer Bank
Britisn
Columbia
British
Bruck
ft Power
Note Co
Forest
*
21%
22
•
*
Jan
Jan
4,396
22%
37/a
22
250
3%
3,025
:28%
28%
29
27
31
30%
31
•
19%
19%
20
2,495
100
30%
30%
30%
*
41
•
10
$1.30
preferred
Canada
Forgings
Northern
Canada
Canada
5%
class
Power
Steamship
B——
Corp
•
common
preferred
50
Canadian Breweries
•
common
15%
49
25
.
Feb
Feb
23%
23
Jan
Feb
29%
4%
Feb
29 %
29
Jan
Feb
Jan
Jan
23%
Jan
285
30
31%
Feb
146
41
Feb
41
Feb
10 %
49
32%
41
15%
Feb
19% Mar
130
10
Feb
11 Va
Jan
16
526
49%
24%
14% Jan
Jan.
105
25%
Jan
17V4
Feb
50
Mar
47%
5,182
24% Mar
27
Feb
Bronze
•
common
Preferred
Alcohol
•
common
Canadian Locomotive J—
Oils
Lawrence
25
Cockshutt Plow
B
onsumers
*
Seagrams
Sicks
*
•
Dominion Bridge
Dominion
Coal
preferred
Dominion Dairies
Simon
25
•
Simpsons Ltd preferred
•
Preferred
Electrolux
class
conv
pfd
100
•
20
Corporation
1
Enamel & Heating Products
Famous Players Canad
Corp
Foundation Co of Canada
Gatineau
;
5%
Power
•
Preferred
Tuckett
United
Viau
Wabasso
Preferred
1927
•
Bridge
of Canada
■
Preferred
Jamaica
Labatt
Lake
Public
(John)
of
the
Woods
13 Va
Montreal.
2,908
13
Jan
15%
12%
12%
1,175
12% Mar
14%
Feb
84
837/a
84%
1,661
837/a Mar
89%
42
42%
815
41%
Jan
47
47
45
Jan
48
Feb
25
30
Mar
31
Jan
70
11%
Jan
3,915
16 Va
Jan
19
Jan
291
32%
Jan
37
Feb
16 Vb
Feb
13
'
16%
16 Va
33
33
34
14%
14%'
10%
25
10 Va
14 Va Mar
7
9
39%
37
15
40%
37
14%
70
39%
15
2 ,512
v,
Jan
38
13% Jan
26
26
225
26
Jan
18 % Feb
26% Jan
27%
345
25%
Jan
25%
25%
99% 100
28%
200
25
Jan
26
Feb
99%
182
104
335
182
104
104%
92
18%
18%
18%
20%
20%
705
16%
16%
17%
Feb
103% Jan
2,550
20%
Jan
182
5
65
225
17
~
20% Feb
16% Mar
Columbia Packers Ltd cl A
Oil
Co
Ltd
25%
Brown
Preferred
18%
Feb
Calgary Power Co Ltd 6%
21
Jan
18
Jan
10% Mar
11%
Jan
19%
Feb
Dominion
&
pfd
18
220
63
109
Feb
9
109
Mar
Feb
110% Jan
5% Jan
18% Jan
106
Feb
108 %
Feb
54
Mar
55%
Jan
14% Mar
16%
Jan
109
17%
17%
109%
5
450
17%
106% 106%
17%
15
54
54
14%
15%
1,255
7%
15
4% Mar
1,015
8%
250
25
'
26
18%
Feb
110 %
Jan
7% Mar
9%
Industries
Canadian
105
105
25
105
5
Mar
110
25
105
34%
25
Mar
48%
37%
33 %
34%
2,510
33% Mar
49%
5,085
48 Va
48%
80
37 y2
Jan
Jan
12%
950
11%
Jan
25
Jan
1,700
5%
14%
Jan
Mar
Jan
17 Va
Feb
27
Jan
16
270
25%
26%
375
16
78
82
25 % Mar
520
78 %
275
9 Va
Jan
107
107
59
22%
221/4
656
55%
180
110 111%
49
Feb
Feb
16
Feb
8%
Feb
5Va
Jan
10 Va
Mar
Feb
92
Feb
10 Va
108
14
Jan
20 Va
Jan
107
Jan
110
275
63
Jan
108
Jan
110
Feb
14
Feb'
Jan
8 Va
34%
106
16%
Feb
1,705
21
Jan
27
Feb
185
1
185
Mar
189
Jan
64
Jan
69
65
*
16
Jan
65
12
2%
2%
3,510
2% Mar
2%
2%
660
2
Jan
3%
12
Feb
13%
30
13%
45
29%
30'A
175
Feb
14
29% Mar
Jan
Feb
Feb
30%
Feb
•
26
26
27'/4
365
26
Jan
32
Jan
135
135
135
20
135
Mar
154
Jan
...
Feb
Feb
2
Chateau-Gai Wines Ltd—
Feb
Claude Neon General
Feb
Commercial
Feb
Consolidated Diversified
Alcohols
3Va
3
45
45
15
100
Westlnghouse Co Ltd
Cassidy's Limited' 7 % pfd—
135
135
140
106
1
8%
50
50%
75
50
4
175
4
Jan
16%
16%
17%
7
8,784
Sec.
^
17%
17Va
25
10
13%
Feb
Aircraft Corp Ltd
f•
#r>'
David & Frere Limitee class A
13
Feb
Dominion
Cub
10
18
1.35
1.60
3,720
*
23%
24
*
4%
4'A
Engineering Works
46
46
Domin Oilcloth &
Linoleum
5
33% Feb
36
Jan
Dominion
Square
38
38%
375
Corp
20
Jan
21%
Feb
Dominion
Woollens
27
Jan
Donnacona Paper Co Ltd
Eastern Steel Products Ltd
26% Mar
27
27
18
27
Jan
15%
16
590
15
Jan
16%
Feb
19%
19
20
5,232
25%
21%
27%
Feb
20
Feb
36%
Feb
Federal Grain
Feb
Fleet
Co.
Ltd—*
38
19%
Feb
10
Feb
18%
23
1.60 Mar
25%
Jan
4 %
41 Va
Mar
5%
Jan
Feb
Feb
Jan
48
Jan
40 Va
*
37
37
37
10
37
Jan
40
Feb
*
14
14
14 %■
73
13%
Jan
15
Jan
•
18
17%
18
2,595
17
Jan
20
Feb
10%
Jan
Feb
12
Jan
21%
Jan
:
Worsteds
37%
24%
36
36
19
12%
12%
41%
41 J/4
Esmond
>19
20
36%
635
13
24
24
41%
24 %
18%
40 Va
Jan
41% Mar
19
Jan
970
25
35%
36
44
45 V
13%
18% Mar
50
Jan
53
13%
31
Jan
860
44
Mar
40
13
Jan
27%
28%
25%
*
24%
5%
16
,
102%
16
5%
16
68
265
575
370
31
68
•
122
1,270
102% 102%
31
-
Jan
14
15,017
50
35%
5
-Jan
12% Mar
10
19%
50
17
34%
40
50
Jan
% Mar
46%
Feb
Feb
102%
85
101% Jan
15% Mar
16
16
50
Jan
Foreign Power Securities Corp Ltd!—*
Fraser Companies —
.i
1
Great Lakes Paper Co Ltd
88
Feb
15
Feb
61%
Feb
103
Feb
17
Jan
—•
Feb
55c
50c
Jan
60
Jan
'55
Feb
165
24
Jan
34
Feb
73%
150
63% Jan
77
Feb
20
10
Mar
20
Mar
28
28
350
3%
3%
945
80
3%
80
20
60
-
|15.
90
Paper ho
I Maple Leaf Milling Co Ltd cnm_
Marities Teleg & Tel 7% pfd
Massey-Harris Co Ltd 6%% pfd
McColl-Frontenac Oil 4% pfd
Melchers Distilleries Limited com
Preferred
•
80
*
20
14%
Mar
13
Mar
16
:Jan
130
90
Jan
92
Feb
9Va
Jan
12%
i
12%
Feb
•
100
29%
104
Jan
Feb
127/a
Jan
-
T
■
■■■
If.,
160
40
Jan
41% Mar
14'A
14%
201/4
29%
Feb
1
11
15
40%
40%
:_10
Feb
4% Feb
Feb
100
'
90
28:'
Feb
3% Jan
100
11
11
15
28
76
,-v,
MacLaren Power ft
Jan
1,150
_*
r—*
:
22%
1,017
————*
Inc
Jan
28
240
—
Feb
20
530
LaSalle
Feb
474
51
:
HVa
de
Jan
8
Jan
50c
50c
5OV4
12%
preferred
61
Jan
Mar
73
50%
10%
A
.
7
4Va
20
50C
.
26%
—
Jan
34
53
"
970
12%
Jan
Feb
Jan
11% Jan
54% Jan
20%
11 Va
Jan
71
1,040
2,375
20%
SVe Jan
2% Mar
200
2,505
12%
6%
17;
103 l/a
Jan
1,165
7
4%
20%
Lowney (Walter M) Co Ltd-
Feb
Jan
68
13
7
4%
Hubbard Felt Co Ltd A pfd
*
Hydro-Electric Securities Corp.
:_*
Inter-City Baking Co Ltd
100
International Paints (Can) Ltd A
*
Journal Publishing Co of Ottawa Ltd-*
Lake St John Power & Paper
*
Lambert (Alfred) Inc—
1
26%
26
60
58%
7
4%
&
Feb
33
37
21
65
56
56
*
Aircraft—
-J*
Ford Motor Co of Canada class A—„*
Mfg
13%
Jan
12%
56%
1
75
Hotel
31
36
class A
2%
Jan
97
•*.-
Co
105
Jan
Jan
Feb
Fanny Farmer Candy Shops Inc__
25
21
Jan
Jan
4% Jah
5
11
21
2%
21
50
53
15
Ltd
Aircraft
10%
20
40
29
102%
Fairchild
*
preferred
47%
Feb
12%
102
Feb
27% Mar
36%
57%
24 % Mar
22%
Mills Ltd
100
14
Jan
14%
201/4
•
Feb
'
16.
30
104
20% Jan
28% Jan
335
10
*
7
7%
418
10
14
14%
200
102%
•
1
Feb
Feb
2,185
18% Jan
23% Jan
&
100
.
'
.
Feb
Jan
1.10 Mar
75
■
Feb
17
Feb
Jan
18
100
Ltd-—*
B_
Jan
4%
17 Va Mar
8%
Jan
52
16 % Mar
175
Feb
10
8% Mar
325
18
1.60
*
'
10
18%
—
Feb
47
140
Feb
4
Consolidated Textile common
16% Feb
3%
Jan
Mar
8%
Jan
Jan
Mar
3
42%
135
*
Jan
Feb
2,700
pfd—_100
26
Preferred
3%
common..-•
Advert
Ltd
38%
55
125
24'/4
2%
2%
pfd—2.50
Consolidated Paper Corp Ltd—1
*
37%
16%
24
100
300
24%
v.-
Jan
112%
Mar
13%
Feb
23% Mar
54% Mar
5
14
106
'
16
*
preferred
34
27%
3
2%
7
7%
185
24%
*
21
*
4:
•
—
20%
44%
•
170
Feb
Jan
1,000
108
14
*
34
19%
100
Mar
1
2%
'
23 %
For footnotes see
page 1490
110
1
Class
40
•
167
167
2%
11% Mar
Feb
54%
22%
Ltd com
cumulative preferred
15% Feb
Jan
Jan
Mar
5%
10
107
Canadian Ingersol Rand Co Ltd
Marconi Company
Jan
8
6
78 V?
Canadian
15
13%
63
High
Jan
4 % Mar
Canadian Pwr & Pap Inv
15
30%
6
Low
8
3,600
Canadian Western Lumber Co-
350
290
4%
Canadian
200
710
6%
4%
•
Jan
8
11%
4%
100
12'/a
15%
10%
14% Mar
7% Mar
—-——
3,675
1,043
32%
Range Since January 1
1,400
common
7% preferred
13%
—
Jan
Jan
T/o
24
common
38%
High
1,210
100
Canadian Vickers Ltd common
Jan
Shares
1,153
Canadian Silk Products—
Feb
17% Feb
1,105
preferred
Provincial Transport
( Jan
for Week
7%
*
17%
24
■<
Corp of Canada
Jan
25
Mar
14%
Sugar
24%
24%
5%
37
Feb
39
Jan
25%
Malting Co Ltd
*
Canada North Pr Corp Ltd 7% pfd_100
Canada Starch Co Ltd lr/o pfd
100
Canada Vinegars Ltd
*
13%
•
Mar
23%
7%
Canada
13'%
Co
37
14%
—1
Feb
common
Jan
27
.100
—
Butterfly Hosiery Co Ltd
Feb
100
Feb
23
Jan
„1
Company common
45%
15 Va
com__100
22
Feb
25%
Jan
17%
25%
Power
Jan
22
7%
10
48
Co Ltd
American
726
24%
Preferred
Mar
t
Sales
Range
of Prices
16
Class B
109% 110
17%
Week's
—5
British
1,335
47
Price Bros &
Vancouver-
10%
24%
Power
of
18%
48
'
Feb
Dlst.
10 %
*
Ltd
100% Mar
184%
105
&
17%
•
Page-Hersey Tubes
29
21%
95
167
2%
24 Va
17%
•
River
Jan
12%
25%
:
Jan
.
'
Feb
Feb
6
.100
British
Feb
-100
common
16%
38
«
Low
„
•29%
•
27
40
Bathurst Power & Paper class B—
Brewers
26%
12%
—
Jan
Jan
6
Ltd
Feb
.
26
12
pfd
37
Auto Fabrics Co Ltd Class B——
Brand & Millen Ltd A
27
Noranda Mines Ltd
Powell
Acme Glove Works
Jan
•
Mar
Jan
13
1,110
37
Par
Jan
42
36
190
Feb
375
—
National Breweries common
National Drug & Chemical
Penmans
Mar
12%
Cons
Mar
23
'
Feb
105
Feb
11
30%
13
16 Va
Jan
-100
—
37%
24
Sale Price
27
..,-*
31
Jan
36%
80
24
Friday
STOCKS—
40%
-,.-100
22
250
37
24
Last
65
30
•
&
603
13% Mar
47
National Steel Car Corp—..
Niagara Wire Weaving
\
325
26%
Jan
1
.
Canadian Funds
1,225
*
29
150
22%
26
43% Mar
1,357
•
Feb
Montreal Curb Market
Feb
41%
Locomotive Wo.rJcs-~—
Ottawa Car Aircraft
Ottawa Light Heat
21%
22
Feb
15
Montreal
Ogilvie Flour Mills
21%
22
10
——10
15%
Telegraph
Montreal Tramways
J..
29
Canadlenne
Jan
13%
12
—
Feb
Jan
Jan
13%
18%
•
Massey-Harrls
McColl-Frontenac Oil
Mitchell (Robert)
81
37
Feb
Jan
15%
37
Feb
*
Breweries.
Montreal Cottons common
-■Preferred
Montreal Light Heat & Power
•
27%
can
Banks
10
17%
25
Molson's
;
29
25
Feb
2l)
26
1,441
prefered
Feb
10
Jan
•
104%
30
16 %
37%.
1°
13 % Mar
•
——
22%
15
37
183%
23% Mar
20
16
Jan
32
300
37
10
14%
common
30%
105
22%
75
;!
Feb
89
Jan
,
Feb
81%
Mar
-
20
50
•
Rnval
12%
Lang & Sons Ltd (John A)
Legare preferred
Lewis Brothers
■>,
*
Nova Scotia
14%
Limited
75
23%
Feb
104
8% Mar
10
—*
common
28
*
182
1,215
,
105
Jan
•
—
;9Va
20
30
Jan
_15
Ltd
8%
*
17
37%
Service
Mar
481
Ltd
Limited
41
IB
84
5
1,030
Winnipeg Electric common
27
com__*
20
•'
24%
42%
Mar"
28% Mar
8
Canada
Feb
75%
14
75
Preferred
of
79
35
40% Mar
400
32
International Paper common
International Petroleum Co Ltd
International Utilities Corp
225
,
Feb
9%
Mar
35
,
41%
International Bronze common.-—-.*
International Nickel
common
27%
100
102
,
Jan
18%
8% Mar
,
:
y
Mar
18%
Mar
45
23%
•
100
230
•
„
1,435
79%
20
10
13%
——£ 1
com
16
*
•
common_8
——-
8%
106
17% Feb
'
Feb
29V2 Mar'
110
9 '/a
.
,
235
102
84
310
17%
■
Industrial Acceptance
Corp
.
1
183
new com
•
•
%
84
Commerce
30%
•
Howard Smith Paper common
Hudson Bay
Mining & Smelting
Imperial Oil Ltd
8
183
Montreal
13%
50
& Alabastine
16
79
Feb
28%
100
Imperial Tobacco
Preferred
14
4%
♦
Jan
102
common-
Preferred
Wilsils
104
18
100
(Geo)
Feb
Feb
61
106
8%
•
Weston
14 Va
13%
172%
Jan
79
Cotton
Grocers
Jan
Mar
28
16
—*
Jan
13
"29%
18
.
Feb
'25%
12% Mar
540
105
—*
Walker Gooderham Sc Worts
Western
Zellers
105
129
170
165
25
common
15
850
100
Steel Corn
Biscuit
Jan
23% Jan
13%
102
preferred
3,420
Feb "
163 "• Mar '
Feb
116
'
12%;
,*
—
Tobacco
44%
29
——•
common
Jan
12%
-109
of Canada
Co
Jan
17%'.
100
General Steel Wares
Hamilton
common
5% preferred-
14Ve Mar ■'>
159
345
172
Feb
Jan
36%
5
25%
Feb
106
9%
340"
123
103%
Jan
100
preferred™
General Bakeries
104% Mar
13
*
Canadian Gen Investments Ltd
common
45
18,079
Jan
Feb
*
*
preferred
Goodyear Tire pfd inc.
Power
Feb
16%
•
5 % 7c
Gypsum, Lime
Canada
Standard Chemicals
Steel
Canada
A
Jan
172
*
67%
38%
100
Eddy Paper
—100
Southam Press Co
Southern
172
-
*
common
19 Vj
13% Mar
—100
common
Donnacona Paper 4%%
Dry den Paper
(H) & Sons
14%
32% Mar
100
-
103
24%
•
,
Belding-Corticellis 7 % pfd
Dominion Tar & Chemical
common—.*
•
pfd—100
Jan
90
100
.
Dominion Steel ft Coal class B
Dominion Stores Ltd
Preferred
Dominion Textile
Canada
Jan
1,180
•
Dominion Glass common
:
Preferred
'}
of
common
u-u.—....—■
Mar
14
28
common
Williams
Breweries
vtc
13
35
*
common
Jan
10
119
25%
58
13%
•
——————
Distillers
17
104% 105
119"
100
18
32%
——*
Crown Cork & Seal Co
Davis Leather Co Ltd class A
%: Class B
preferred
270
13%
.——*
§pcsolidatedGlass & Smelting
Mining
Paper
370
•
32%
29
Railway—
105
Shawlnigan Water ft Power
Toronto
•
common™
Jan
103% 103%
100
500
15%
•
Canadian Pacific
14
41%
14
15
Jan
40%
pfd
100
163
Jan
18%
B
Canadian
44
108
65%
Canadian Foreign Investment-.-—.-—•
Ind
Jan
Mar
18
100
Class
43
106
62
Canadian
Canadian
40
10
13%
•
100
A
43
106
—20
——
Converters
43
106
-•
*
Canadian Celanese common
1% preferred
4\
43
100
Feb
15
163
57o
Canadian
Canadian Car & Foundry common
i'v Class A
15
,
37
Jan
Mar
28%
26
290
Canada
23%
3% Feb
75
Feb
191
Mar
20%
150
26
26
9
common
98
30% Feb
21
Building Products class A
Cement
Jan
Jan
187
22%
Jan
93
303
3%
Mills
2.00
Jan
Feb
27
1,060
22%
9%
26
39
Feb
Feb
Mar
125
14'/a
39%
.
Mar
1.40
345
22%
Products
Columbia Power Corp A
Silk
21
8
Feb
27%
25
11%
Sherwin
29%
204
Jan
13
14
St
Feb
High
20%
25
•
Feb
35
Mar
26 %
1,631
187% 190
22
*
23% Mar
106
Low
18% Mar
25
•A preferred w--.—----—————————BO
St Lawrence Four Mills preferred—100
Jan
Jan
22% Jan
100
97
28%
41
Range Since January 1
High
19%
•
Power preferred
St Lawrence Corporation common
Shares
19%
100
Saguenay
Feb
Feb
Jan
,
192
445
1.50
27%
21
100
Trac
555
967/a
100
*
Telephone
40
27
26%
8
Bell
Brazilian
575
193
192
26%
22
Jan
105
35
'?
Corp
22
105
25%
192
pfd—25
convertible preferred
295
35
1.50
4%%
Asbestos
350
105
a-T-
common
common
40%
,23%
39%
23
21%
19% Jan
37% Jan
19%
*
Preferred
for Week
of Prices
Low
—•
Knitting common
Rolland Paper common
High
17% Mar
21
23
Ltd
Corp
17%
lujf
—
Aluminum Co of Canada 4%%
Argus
Low
20
40%
^
—
Agnew-Surpass Shoe common—^-.—
Aluminium
High
17%
-*
Paper com
Power
Regent
Range Since January 1
20%
&
$1.50 preferred
-
Quebec
Sales
Range
Sale Price
Par
Week's
Last
Week's
Last
STOCKS—
Canadian Funds
Jan
6%
Jan
13%
Feb
20%
317/8
104
7%
Feb
Feb
Jan
Feb
14% Jan
'
,
.
Volume
Number 4577
165
THE COMMERCIAL & FINANCIAL
CHRONICLE
CANADIAN
1487
LISTED MARKETS
RANGE FOR WEEK ENDING MARCH 14
Friday
Week's
Sales
Last
Range
of Prices
Shares
Par
Minnesota
Ontario
&
High
18%
2,270
17
Jan
21
Feb
-
71
73%
365
70
Jan
74
Mar
14
14
14
572
12%
Jan
97s
10
850
9 A
Feb
Royal Hotel Co Ltd—
Mount Royal Rice Mills Ltd_:
Nova Scotia Light & Power com
6% cumulative preferred
Nuclear Enterprises Ltd
*
*
*
10
Corporation
*
Mount
Orange
Paton
Manufacturing
Power Corp of Can
6%
10
104
Feb
111
10
110
Feb
110
Feb
125
12
Jan
19%
445
18 /a
Jan
18
19
250
18
Mar
21
Feb
Arjon
19
20
100
19
Jan
22
Jan
Arntfield
Service Stores...
110 110%
>
59,
Canada
Pow
6%
pfd
Securities
Westeel
Western
Grain
Windsor
Woods
Corp
Co
Hotel
Ltd
55
Jan
60
Alta
Mines Ltd
Mines
Astoria
Jan
13"% Mar
Mar
Bear
Area
Bonville
Mines
&
30
Mines
Gold
Jan
122
45
25,786
30
Jan
120
Feb
24c
200
10
123
Jan
30
Mar
Feb
15
Jan
26
1.90
500
1.90
Jan
13%
55
.
60
13
100
1.20
1.25
Mining Co Ltd
Mines
25c
26c
10c
10c
1,500
1,000
4c
Cheskirk
78c
Feb
60
Mar
Elder
15c
34c
Mar
44c
Jan
Mar
78c
38c
Mar
51c
Feb
Mar
10c
Feb
11c
Jan
4c
500
3c
1.30
200
1.30 Mar
5%c
4,500
5c
Feb
7c
Jan
9c
500
9c
Mar
9c
Mar
6c
6c
11,500
6c
Mar
6c
Mar
9,500
18c
Jan
23c
Jan
62,000
17c 19%c
Jan
Jan
12%
Feb
12,500
20c
Jan
35c
Feb
37c
53,700
27c
Mar
39c
Feb
107
105
107
30
55c
50 %c
60c
32,200
4.35
4.80
4,100
12%
12%
preferred—.—
1
Auto Fabrics class A
Class B
—•
—
Mines
of
*
10
*
Innes
class
Exploration
Radium.
&
17c
18c
20%
Beaulieu
Yellowknife
Belleterre
Quebec
Gold
88c
Jan
Bldgood Kirkland Gold—
X
21 %c
21c
22c
17,500
18c
Jan
28c
20c
37c
Bobjo Mines
Ltd—
Bowes
class
Jan
2.35 Mar
*
&&.■
6.10
Erand
&
22
Millen
Brantford
53c
Mary
class
Cordage
Jan '!
'
•
25c
14,500
1.48
25,300
95c
Jan
40c
1,550
23c
Jan
40c
Jan
31c
35c
3,600
31c
Mar
43c
Feb
10
10%
1,500
10
Mar
11%
Feb
24c
27c
Mar
Oil
Columbia
Forest
29c
Lake
Mines
25%
3%
3%
British Columbia Packers "A"
*
14%
British Columbia Packers "B"
—*
Columbia Power class A
rUnea
Dominion" OIL———
2,500
24c
Jan
28c
Feb
4c
4c
500
~"3c
Mar
5c
Feb
10c
11,300
10o
60c
*
13%c Feb
Mar
90c
5.00 Mar
22c
2,500
22c
13%c
14c
11,500
13c
2.75
900
3.15
3.75
16,600
3.15 Mar
Jan
6.00 Jan
33%c Jan
,
2.65 Mar
Mar
Jan
22c
Feb
3.55
*■.
Feb
4.80
Jan
1.20
Feb
1
2.05
Jan
2.30
2.10
2.30
1,700
1.93 Jan
2.65
Feb
1
13c
13c
14c
12,500
5.20
5.20
100
16c
16c
1,000
16c
15c
17c
13c
13c
Jan
21c
<5.50
Feb
Mar
27c
Jan
Feb
-18c
Feb
12c
Jan
23c
Feb
63c
Mar
77c
Feb
18c
20c
19,500
14,000
63c
65c
2,000
lie
11c
11c
1,000
10c
Jan
24c
24c
26c
9,'900
24c
Jan
1
4.20
3.65
4.25
19,675
53c
53c
55c
4,000
2.10 Jan
50c
Jan
Buffadison Gold Mines
Buffalo
11c
Jan
84%c Feb
Feb
5.35
65c
12c
12c
14c
5,000
12c
Mar
19c
Jan
60c
65c
3,467
60c
Mar
78c
Feb
>20c
Mar
1
18c
1
2.25
12c
Building
1
.—
16c
20c
2.25
17,600
10,300
16c
2.15
10%cl2%c
45c
49,500
7c
2.15 Mar
Jan
45c
2,500
3.15
100
2.94 Jan
3%c
3%c
4c
9,500
3%cMar
15%
«
Gold
"
V-.
2.80
Jan
14c
Feb
15%
16%
112
14% Jan
45c
Mar
Products
,>
_
Last
Sale Price
com
preferred
.1
pfd
Gas
&
common
18
7c
Campbell
Canada
Akaitcho Yellow Knife
Alberta Pacific Cons
Shares
Steel
common
common
Larder
21%
Feb
18%
Jan
22
Feb
37%
Jan
41
Jan
Jan
23%
23%
720
22
105
105
50
6%c
6%c
1,500
35
35
35
145
1.20
1.20
1.30
v 8,050
12 %c 12 %c
550
25c
25%
American Yellowknife
Anglo Canadian OU
Anglo-Rouyn Mines
101%
193
—
I
1.28
1
:
•
1
__
;
48 %c
Feb
Mar
29%
Jan
1.20 Mar
1.55
Feb
100
25
3.80
4.05
21c
24c
7,300
20c
Jan
35c
Fee
35C
37c
18,115
20c
Jan
50c
Jan
32%
Feb
Class
3.80 Mar
2,675
31
845
678c
1,500
12
145
25
25
30
23c
23c
25c
11,300
29%
t
4.25
Jan
5c
Jan
Jan
12
25
Feb
29
Jan
33c
Feb
23c
Mar
16
Mar
y
7%c Feb
5,645
5,500
10c
Jan
1
29 c
26C
29c
7,800
24c
Jan
40c
1
2.95
2.90
3.00
4,375
Jan
3.50
common
*
6
6
6%
300
preferred
Cement
50
Canada
Canada
Machinery.
Malting
Canada
Northern
class
1,70
Jan
2.30
16
2.40
Mar
Feb
17%c Feb
57s Jan
Feb
Feb
6% Mar
75
75
30
71
Jan
20
290
193/4
Jan
23%
Jan
30
31
290
30
Jan
31
Jan
*
25'A
25%
100
24%
Jan
26%
*
7%
7%
100
7
Feb
8
Feb
55
55
25
55
Mar
62
Jan
20
Foundries
»
150
Jan
19%
•
common
Preferred
Canada
2.10
•
Feb
11%
Lake
Red
B
Canada
30%
27,000
A
—
100
.
Power
30
~
*
75
Mar
Feb
»
Class B
10
10
85
10
Mar
12
Jan
•
38
38
38%
215
38
Jan
40
Jan
*
Canada Packers class A
17%
17%
17%
Mar
100
17
Jan
18
188
195
66
188
Jan
200
Feb
•
15%
16
86
14
Jan
17
Feb
50
Canada Permanent Mortgage
Canada Steamship
49
49%
93
-47
Jan
49%
Feb
78
78
26
75
Feb
87
Jan
9
Mar
23
Jan
100
common
Preferred
Canada Wire & Cable class A__
Canadian Bakeries
*
188
78
Bank
*
8%
8%
75
Commerce
10
22
22
22%
1,290
22
common
-*
25
25'/4
4,355
24% Mar
26%
Feb
•
23%
24%
23%
24
360
23% Mar
26
Jan
27%
27%
5
26%
29% Jan
23%
23
23%
325
Mar
26
Jan
13%
13%
13
Jan
15
Feb
18%
133/4
18%
625
18%
Canadian
250
18
Mar
19%
Feb
62
62
64
65
59
Jan
67%
Feb
Jan
—
of
/Canadian Breweries
Canners
common
20
Car
&
Fdry
•
common
B% Mar
23
Canadian
Celanese
•
common
——100
Dredge
•
Food Products common—*
29,600
Feb
42
195
41
Jan
43
26
26%
170
22
Jan
30
Feb
12%
14
1,010
13
Mar
15%
Jan
19%
99%
193/4
100
65
19
Jan
20
Jan
90
99% Mar
100
Mar
13%
13%
IS3/,
1,240
13% Mar
16%
Jan
13
13
13%
365
13
Mar
16
Jan
28
29%
100
28
Mar
37%
Jan
87c
Feb
10y4
A—•
—*
A
Class
41%
13
100
—
Industrial
Alcohol
—
com
—
Locomotive
*
Oils
Canadian
Pacific
Canadian
Tire
*
78C
•
Railway
25
75c
79c
Jan
72c.
6,710
17%
13%
17%
200
17
'Feb
18%
Jan
13%
13%
1,571
13
Jan
157a
Feb
28
com
105
Mar
107
Canadian
28
70
28
Mar
29
21
Jan
22
6c
,
1.20
Jan
Jan
8c
35
22
Feb
Castle
Feb
Central
Feb
Central Porcupine
Trethewey
Patricia
5
2.65
200
-1
Mines
—
1.22
1.22
1.25
1
:
Gold
22
2.65
Wallpaper class B__
Gold--————-———I
-Cariboo
*
32
Corp—_——
2.00
1.93
2.00
18C
17C
21c
12,000
22c
19c
23c
1.22 Mar
3,350
*.-1
1
2.65 Mar
1,300
1.93 Mar
12c
Jan
Jan
7,500
16c
Jan
24c
52c
Mar
Mar
Jan
Centremaque Gold
Jan
18c
Feb
Chemical
Research
1
50c
50c
3,300
50c
Mines
1
19c
17c
20c
75,300
17c
3.40
1
1.40
2.20
26c
1.50
Feb
Feb
Mar
Jan
Feb
3.00
17c
•
Cheskirk
24c 25 %c
Jan
Feb
23
100
Mines
Jan
16
Canadian
High
Feb
500
•
Aluminum of Can pref
Amalgamated
2,869
18
4,285
100
Ltd
19
21
•
Preferred
Aluminium
18
Low
40%
1
40c
11c
Canadian Malartic
Range Since January 1
20
1
Alger' Gold Mines
Algoma
of Prices
39%
1
4,700
2.15
—
Bread
Class B
23
*
Feb
Feb
16
Calmont Oils
Canadian
20%
*
-
Jan
27c
Feb
19% Feb
for Week
40%
100
Oil
Surpass
Feb
3%
10c
Class A
Sales
Range
•
__
Agnew
Feb
<
29%
1.95
Flon
Preferred
25
Sugar
9
Jan
;,
10c
•
•
High
*
;
1.35
—1*
1
Flin
Canadian
20
preferred
Acadia-Atlantlo
-f
Preferred
Acme
new
Jan
2% Mar
•
Jan
25
Calllnan
Canadian
Week's
-
Par
Paper
Feb
fe16
15c
5c
Calgary & Edmonton—
Canadian
'<h
Friday
STOCKS—
4%
13,800
12
Calder Bousquet Gold
Caldwell. Linen Mills 2nd
Feb
3.45
Canadian Funds
Power *
Feb
Jan
1.20
30 y8
Burns & Co class A
Jan
75c
Toronto Stock Exchange
v
Feb
27
22c
Mines.
Preferred
•
7%
28
Jan
17
..30c
Feb
14% Mar
150
25
25
Jan
3% Mar
235
41c
Jan
Mar
25%
Feb
1.34
.
Hill
Canadian
r.;'
$2.50
•
40c
16
19c
Jan
3%
.:
36c
■
Cony preferred .—————•
45c
3.15
III"1
40c
16c
Feb
Mar
4.05
,
1st preferred
Royalite Oil Company Limited
•
J
Burlington Steel
Oil Etoeks
Oil Co Ltd
__
22
17c
13'/a
Jan
1
Homestead Oil & Gas Ltd
*
2%
250
29
2%'
21c /.
Feb
Feb
11% Mar
110
y 8 &
7%
2%
Ankerite
Bunker
Feb
65i-
Gaspe Oil & Gas Co Ltd
X4Vi
28%
Buffalo Red Lake Mines
Canadian
.$1.50
1
Broulan Porcupine Mines, Ltd
Bruck Silk Mills
Feb
4.90 Feb
'
*
_
British
7%
*
R
18
11c
350
Feb
9%c
8%c Jan
1
12'
25%
Jan
1.92
1.65 Mar
Cons Mines Ltd
10% Mar
•
Feb
15c
——-5
American
Feb
9%c
Distillers—
British
Jan
92c
Light Ac P«rr com—*
British
■
16c
*
common
Red
British
•>"
15c
&
A
Brewis
Feb
90c
-
Brewers
Feb
1.35
1.06 Mar >
'
Jan
1.60
2.18 Mar '
2.65
1
Feb
25%
1.02 Mar
r
J
1.02 Jan
Ltd
10 %
265
300
Gold Mines Ltd
50
5,500
1,605
2,300
3,400
Ltd
10%
Jan
16
1
Mines
Mar
22c
Feb
30c
__
Feb
10c
16
22
1.15
19%c
44c
Feb
18c
25%c Jan
Jan
40c
1
28c
Jan
8c
21c
Mar
18%
1.43
1
Jan
32c
500
24
1.15
Mines
14c
1,031
Feb
50c
Gold
31,773
10c
10%
A.
Class B.
24c
37c
10c
Gold
Co.
Feb
Feb
22
1.70
.
23c
Bonetal Gold
Bonville
1.34
3,802
1.12
Mines Ltd
Feb
Feb
55c
35,700
15 %c
I5%c
Jan
191
22'%
6%c.Jan
^1
1
9.50
Jan
Jan
22
15,300
—
Jan
186
33%c
1.12
1.65
Mines
7,500
22%
7c
__
8.00
583
37C
13% Mar
6%c
1
100
190
35c
Jan
7c
5.00
186%
Feb
1.50
Mar
5.00
187%
1
11
Jan
2,800
I0r
Mines
50
11c
63c
1
—
Bell Telephone of Canada
Berwick
1.05
1.12
Dredging Ltd_
Feb
1.10
1.70
Ltd
54c
1
1
Mines
Jan
13%
9,000
22c
9.00
Feb
34c
13%
17c
10,500
60c
39c
Bevcourt Gold
___*
Westville Mines
I
9.00
Jan
Feb
43
Jan
12c
__
19,250
85c
45%
Jan
39c
67c
v./. 14C
40c
Jan
Jan
41
Jan
28,100
3.55
Soma-Duvernay Gold Mines
Stadacona Mines 1944 Ltd
Standard Gold Mines Ltd
,,:
38c
65c
41
3,735
71c
1
50
2%
67c
J.1
10
41
Feb
2%
71c:
—1
50,000
44
44
Feb
Feb
7%
2%
11 %c
63c
83c
44
20%
23%
.——*
200
1
Ltd
Gold
Yellowknife
Abltlbl
74 %c
Mar
Jan
525?: V' 3.30
__
6% Mar
20
25c
600
24c
20% Mar /
215
Mar
20,800
20%
9%c
100
415
Feb
25
1.06
Ltd..
Mines
Mines
Sherritt-Gordon
,
82c
20
22
6%
Jan
18c
18,500
3.50
1
Santiago
Home
A——
Jan
40
22
1.06
Pen-Rey Gold Mines
Sullivan
20
20%
6%
Power class
B
39%
v
13C
3.40
1
.
Mar
7%c Jan
22
28c
__
Mar
37
11c
1,000
—
37
135
125,980
11%
3.50
•
145
37
12
900
1
Cadillac
Cons Gold
Slscoe
*
38
37
12C
12,400
•
Dredging
Mining Corp Ltd.
Gold
37
•
29c
53c60%c
Feb
•
13c
60c
Jan
27
Bralorne Mines, Ltd
5,600
__
19c
Jan
Boycon Pershing Gold Mines
1
Mines
Gold
A
Feb
Jan
13c 15 %c
37
lie
525
Feb
1
Cons
Regcourt
25%
26%
Feb
29c
1
Labrador Mining & Explor Co Ltd
Rowan (1945). Mines Ltd
Lingside Gold Mines
Louvicourt Goldfields
Quebec
12c
26
Jan
1.14
1
Lake
Rochette
2,300
% Mar
Jan
7c
.'-r
Mines
Gold
13c 13%c
"26
7
26c
60c
2.20
1
Jollet-Quebec Mines Ltd
Pitt
13c
10
10
Feb
13% Mar
■
Mar
Nova Scotia
Jan
5.00
44c
1.02
Hudson-Rand Gold Mines Ltd
1
J-M Consolidated Gold Mines
Ltd—_1
Pato
17c
Toronto
&
Jan
Feb
76c
5% Feb
19,200
of
Class
12
17c 20 %c
of
Bathurst
.
120
18c
Bank
Bates
75;/.
7%
107
Jan
1
Montreal
Buffalo Canadian
Gold
6%
Mar
4.30
32c
15c
17%c
1
O'Brien
*
—
105
50%c Mar
Mar
13c
29c
1
Pandora
4.55
Feb
Mar
2.18
Hollinger Consolidated Gold
Normc-tal
1
9%
Feb
Jan
38c
17c
131,770
—
.1
Lake Gold
Nechi
100
190
17c
23%c
20c
55c
1.11
Goldbeam Mines
Goldvue Mines
Jan
41%c Mar
4,500
4l%c
2.18
Ltd
Feb
Mar
27c
Jan
Feb
15% Jan
Mar
1
Mines
7c
13c
27,750
Jan
24c
Bear
78c
1
Ltd
15,344
42,400
14
11%
Beatty Bros class A
9c
1
(1945)
100
1.03
12c
11
Feb
Mar
25c
Ltd
14.
Jan
30c
,
4,
20c
Jan
5%c
„
•
Mines
Gold
Macdonald
11%©
14
27c
7c
Mar
7c
21c
Pound Lake Gold
Lake
.
Mar
34c
23c
3%c Jan
8c
20c
Formaque Gold Mines Ltd
Jack
Mar
Aumaque Gold Mines
Gold Mines
Mar
500
,
God's
Feb
10c
500
18c
Ltd
Fontana Mines
Francoeur
Mar
9c
20c
Aunor
Jan
31 %c
1,500
25c
Ltd
Gold
65c
6,250
11%
Brazilian Traction
Mines
Mines
1.49
Feb
Mar
7c
—
5
Malartic Mines Limited
Eldona
1.20-Mar
100
38c
18c
Ltd
Sullivan
17c
35,800
10c
X
Bank
1.30
__
Raat
7,600
69c
Mines
Jan
4c
__
1
East
20C
9c
Feb
•
Yellowknife
14%
8c
18c
Mines
Jan
450.
vi
30c
Bagamac
7c
5lc
Denison Nickel Mines
1.90
1.50
8>A Feb
91
65c
1
Bftnkfield Consolidated Mines
7,000
78c
1
Cournor Mining
Feb
1.25 Feb
50
670
17c
10
Feb
10c
1,000
1
Mines
Mines
A
Jan
24c
640
15c
34c39%c
4c
1
Dome
class
2%
8c
Consol Central Cadillac Gold Mines—1
Cortez Exploration
Donalda
4%c
15c
38c
1
Centremaque Gold Mines Ltd__
Century Mining Corp Ltd
9%
97%
97
1.5Q
'
Feb
53
900
*
&
Jan
Jan
"■
8%
97
Feb
__
1
Manitoba
13c
68C
Atlas Steel
Jan
41c
30%
__
Gold & Diamond Mines
Corp—1
Buffadison Gold
1
Dev
Feb
10c ll%c
13c 15 %c
Ault & Wiborg
10
Jan
1
Celta
10c
28c
Feb
20
Jan
37c
Brazil
Central
2,500
Jan
15c
Atlas
7%
„
1
Cartier-Malartic Gold Mines Ltd
Feb
18C
Auhelle Mines Ltd
23 %
1
!
70c
30c
Feb
50
__
1
Ltd
Jan
1
Jan
25
__
1
Ltd
Mines
53c
1
9 %
13
—
1
Ltd
Feb
500
9%C
Mines
7
1.90
1.20
1
Ltd
13c
Astoria Quebec Mines
Feb
36c
60
1
Radium
12c
Jan
7%
Class B
Gold
Gold
■
Mar
1
Ashley Gold Mining
Jan
13%
___♦
Yellowknife Mines Ltd
Eouscadillac
1
Hardware
5%
25
.
1
Mines
10c
High
9c
6%c
1
—
Bank
Exploration
Beaulieu
Mines
Base Metals
Ltd
62C
10c
—
Mining
8%
13
*
Quebec Mines Ltd
Band-Ore
;
Gold
Ashdown
Jan
Mining Stocks
Arno
Warrants
Jan
25
—
*
Akaitcho Yellowknife Gold Mines
Alger Gold Mines Ltd
62c
62c
Jan
112%
4,000
10,650
—100
42
10
30
—
*
Manufacturing Co
•
common
200
5%
121
*
Ltd
24
31c
—
—100
Ltd
Jan
13
100
10
33c
*
Limited
Products
150
26
5%
10..
,-100
Corporations class A
United
35
9)9
9
Southmount Invest. Co. Ltd.—
United
110
9c
9c
1
Preferred
Mar
Low
9C
7%c
1
Range Since January 1
High
Athona
__
Southern
15
59
26
*
:
,:.
13%
13%
—
*
Co Ltd
Argus Corp Ltd
Armistice Gold
110%
cum
Quebec Pulp & Paper 7% red pfd—100
Quebec Tel & Power Corp cl A
*
Sangamo
14
22
LOW
1
Aquarius Porcupine
Area Mines.' ———'—-——~
14
—
1st pfd_20
6% non-cum part 2nd pfd
——50
Purity Flour Mills Co Ltd
10
Rand
14 A Mai
110
-
*
Shares
Apex Consolidated Resources-
110
18%
for Week
of Prices
Par
Ansley Gold
110
18%
com
Paul Service Stores Ltd
High
13%
__
*
Low
,
Ee!?
Feb
—
*
•
108%
__
100
Ltd
Crush
18%
Sales
Range
Sale Price
STOCKS—
17%
9
Week's
Last
Range Since January 1
Low
Paper Co
Ltd—
"Core
Friday
for Week
Sal® Price
STOCKS—
Jan
Feb
79%c Jan
33c
Jan
20c
Jan
Chesterville Mines
1
26
3.70
220
18,131
21
Jan
30
Feb
101% 101%
20
101
Feb
102
Jan
Chimo Gold Mines
1
45c
43c
48c
12,700
43c
205
Feb
Chromium Minin.;
Citalam Malartic
*
95c
90c
95c
1.810
75c
Jan
Feb
9C
9c
10c
26,300
9c
Mar
Jan
Coastal
14c
14c
1,000
13c
Feb
19c
Feb
3.00
2.90
3.00
7,960
Jan
3.45
Feb
25%
192
193
160
188
Mar
26%
27
600
26
Jan
1.15
1.35
21,002
14c 15 %c
1.15 Mar
32c
27%
1.90
Feb
7,200.
14c
Mar
97c
Jan
1.51
Feb
Jan
1.30
Feb
1.27
1.15
1.27
8,400
1.20
1.12
1.20
300
1.05
19c
Mar
1
Oils
Cochenour
Cockshutt
Com
& Smelting.:
Lake
Willans
Plow
3.65
*
Gold
1
*
I
12%
12% '
40 %c
13
435
43 c
1,500
3.40 Mar
2.90
12
Mar
Feb
40 %c Mar
4.30
61
95c
14 %c
Jan
Jan
Mar
Feb
15
Feb
51c
Feb
1483
THE COMMERCIAL & FINANCIAL CHRONICLE
CANADIAN
RANGE
Friday
Week's
Range
Sale Price
*■
of Prices
Par
Colomac
Yellowknife
Mines
Low
__1
Commonwealth Petroleum
22c
4gc
2,520
38c
7
50
6%
Feb
7%
1 85
100
1.80
Jan
1.9^
Feb
1.30
1.40
1,800
1.30 Mar
1.56
BuKerica
*
.
Consolidated Beattie
20
185
83c
87c
15,938
65c
42c
53c
16,196
42c
Mar
84
84
85
84
Jan
100
1,195
166
166
173
1,167
166
Mar
_»
1.05
95c
1.05
23,941
23%
22
23%
29 %
29%
Smelting
Gas
C'restaurum
-
1
Mines
Gold
Detta
2__—
28c
Jan
3ac
Mar
55c
Jan
1.23
1.18
1 35
31,350
1.25
1.70
6,925
16
Coal
cl
Chemical
16
Ins
1,791
25%
26
1,255
27
27
105
27
25%
Jan
27
Feb
'1.12
148,580
1.10 Mar
1.13
23,100
18c
24,500
16c
Mar
Labatt
2.20
6,470
39c
38c
44c
41,591
37c
Jan
60c
60c
65c
3,600
GOc
Mar
9C
86c
8c
9c
6,000
8c
1
Jan
21c
15c
20c
Jan
24c
1
13,523
20c
Mar
14%
14%
33c
Jan
14%
1,408
1
1.05
16
Feb
Lake
Shore
Wasa
Gold
Rowan
Lake
2.45
Feb
Lake
4.75
Jan
La
1.99 Mar
3.30
Jan
Mar
52c
Luz
Mines
Mining
Mines
Lamaque Gold
135
U
2a
2.45
52c
Mar
20c
Mar
5,767
9c
2,5UU
8c
Jan
13c
Jan
32c
35c
24,300
32c
Mar
50c
Jan
9%c
39,100
8c
Mar
17c
"Jan
Mines
6
20%
21%
370
Lebel Oro Mines
20
Jan
1
2%c
2%c
2%c
21%
7%
Jan
Leitch
273
2%c Mar
1
1.28
1.25
1.30
4%c
Feb
5,250
Gold
1.40
Jan
Luxe
Secord
Gold
Jan
14%
Jan
Lexlndln
2.20 Mar
2.75
Feb
uiugmtin
Loblaw
12 %
1
Candy
:
8%c
Mines, Ltd
8c
20%
3
24c
Mines
1.12
l
Long Lac Gold Mines Ltd
25c
1.20
60,300
*
2.05
1.90
2.05
30%
30%
31%
Feb
Feb
Jan
67
Jan
Louvicourt Goldfields
1
2.84
2.60
2.90
Jan
Lundward
1
34c
25c
34c
53
571/2
2b5
\
7%c
7
111
115
8c
52 y2
240
4,600
7%c
900
6% Mar
111
Mar
-
7%c
Jan
9%
134
Feb
11c
2
II
6%
2
30
2
Feb
Lynx
Gold. Mines
Yellowknife
2
Feb
7% Mar
46,500
4
Jan
5
Feb
Madsen
Red
4UJ
2
Jan
4
Jan
Magnet
Consolidated
37
Jan
65
Mar
Malartic Gold Fields..
1
2.20
19%
Jan
22%
Feb
Manitoba
*
3c
50
50
5
20%
21
2,000
•
28c
24c
29c
J
2.03
1.85
2.06
MacMillan
*
Export
&
Lake
''"24%
igc
24%
isc
"24
5
Feb
Jan
26
27c
154,380
15c
Mar
51
50
51
Mar
55
Feb
Maple Leaf Milling
;
15
98% Mar
100
Feb
AUiaCUS
2.80
3.00
12,028
173/4
173^
131/3
267
llo
109%
111
75
41/4
43,^
2.80 Mar
3.25
Jan
Jan
19
109%
Feb
111
200
4V8
Jan
5%
Jan
UUKl
17%
Jan
18 V4
Feb
Feb
Preferred
McBrine
<L)
13
160
6.40
6 60
7,362
15c
16c
5y4C
5c
5'/2c
13,200
4c
Jan
9c
Feb
1.12
Mclntyre
1.48
295,930
57c
Jan
1.92
Feb
McKenzie Red
1.43
20c
14 %c
10,700
17 %c
20c
6,000
Feb
17'/2c Mar
7.15 Mar
20c
22c
Jan
18c
21c
5,700
18c
Mar
27c
Jan
15c
15c 17%c
8,500
13c
Jan
23c
32c
32c
140
-
35c
26,500
49c
Mar
14c
10,600
12c
Mar
32c
Mar
43c
Jan
lie
35c ^
19,350
103
235
104
54%
25
54
940
"
lie
267/a
74
class
I
A
Oil
20
106
Mar
106
Mar
80
20
80
Feb
90
Mar
210
14
Jan
14% Feb
85c
Jan
87c
14%
94c
-19
10c
Jan
*
McMarmac
Red
Milton
50c
18%
.
&
11
Jan
23%
Feb
104
27%
104
30
102 %
56
54%
56
1,695
70c
75c
23,626
70c
46c
41c
47c
18,020
40c
18c
17C
18'c
5,000
1.20
1.20
8c
12,500
*
16
16
16
70
11%
■
15%
225
13
Jan
15%
Feb
21
21
65
20
Jan
21%
Feb
Jan
Feb
Container common
Class A
*
^
Modern
Tool
Monarch
Knitting common
Porcupine—
Light Heat & Power
Works
_I
12
Feb
Feb
Moore Corp common
Class A preferred
117
Jan
6,500
1
15c
1
-
* iqc
II.
V
25c
6,050
Mosher
Mylamaque
1
73c
75c
Feb
11%
17c
Jan
Feb
Jan
Feb
National
1
78c
Jan
1.49
10c
Jan
15c
Mar
35c
Feb
1.40
Jan
1.00 Mar
62,275
78c
85c
12c
12c
14c
9.100
10cliy2c
70c
17,700
•
6,600
Jan
96c
Feb
Feb
78c
Mar
83c
Mar
12c
Feb
18c
Jan
8c
'
Jan
16c
Feb
■i
•
22
B
'10V*
•
1
gc
1
'
;
.
10%
3.05
V
22
9 85
3.15
3.20
qc
3%c
,
c
3V4c
55c
1
51c
37c
36c
25
21
/
37c-
23%
9.85 Mar
11%
2.75
3.50
Feb
9.500
-
-
9c
Jan
Mar
27,000
-
-
3c
46c
36c
Jan
-
Jan
7C
Feb
3,400
Feb
14c
Jan
-56.0OU
1-
24
24
24%
10,575
*
*
100
19%
19
19%
1,460
71
71
73%
633
282
292
30
3%
Feb
Jan
19
Jan
Feb
Feb
19
69%
282
24% Mar
Mar
22%
Jan
Feb
74% Mar
Mar'
•295; 'Mar
3% Mai-
18c
500
18c
Mar
25c
Jan
15,400
"26c
Mar
37c
Jan
13
13
125
13
Jan
»T4'Jah
17%
18%
370
17%
Jan
29%
29%
100
29
Jan
*
11%
11%
15
11% Mar
19% Mar
30 '!
Feb
13";
'Jan
9%
9%
100
8% Jan
12c ' Jan
28c
pfd
5
*
class
A
17%
•
Sewer
Steel
25C
Pipe
class
A
Car—:
*
Trust
17c
33
105
24
1,285
23
Jan
27%
27%
50
26
Jan
1.90
2.00
8,600
.
Feb
25%
10
2lcv-,Fcb
'
33 <•'
Feb
27"%
Mar
'
Eqb
'
Bidlamaque
New
Calumet
New
Marlon
8c
Mines.
Gold
•
Yellowknife
7c
G'c
8,800
1.10
...
Newnorth Gold Mines.—
1.05
1.10
4,200
_47c
42 %c
50c
51,800
6c
8c
10,000
1
1
;
Nicholson Mines
13c
___♦
Mines
Malartic
•
Mines
1
1
Mines
Mining
Feb
Norpick Gold
47c
Feb
Norseman Mines
Mines
2.25
Jan
Feb
12%c
Jan
1.05 Mar
1.45
Jan
7c
37c
Jan
65c
Feb
6c
Mar
8%c
Feb
6,600
12c
Mar
17c
Jan
3,100
/8c
Jan
13c
Jan
9%c
1.85
48
1.85
910
1.85
47
48
3,925
46%
Feb '1
2.02
Feb
58c
56c
58c
32,000
6c
6%c
6,500
_*
1.68
1.65
1.70
1
34c
30c
36c
"0,500
30c
1
12 %c
11c
13c
23,100
11c
Mar
54
Mar
1
;
12c 13 %c
1.90 Mar
9c
S
Noranda Mines
Norbenite
1,000
33
24
1.95
New
Nipissing
18c
33
25
1
2.700'
56c
Mar
6c
Feb
Jan
Jan
83c
Jan
9c
Jan
2.05
1.65 Mar
Jan
44c
16c
.
Feb
Feb
page 1490
Feb
30c
common
Hosiery Mills
64c
\
9
18
'72c
55c
18c
Negus Mines
Norgold
300
Jan
16% Mar
Feb
20
Chemical
&
National Petroleum
Normetal
3%
7%
23c
26c
Class B
Nib
250
282
Jan
4,378
l3C.:
3%c
57c
Jan
4,420
-'
»
Feb
25c
8,400
nc
Home
National
,
5,900
Mar
4,?
Drug
National
21 %c
-Jan
Jan
105
57c
1
Preferred
Jan
8%
16 %
55C
1
National Grocers
65c
8%
1
Feb
18
Jan
16%
Lac
National
9V4
Feb
Jan
16%
Mines
Jan
1,100
80c
Hollinger Consolidated Gold Mines
Long
3%
10.50
18c
55 %c
Brass———I.—*,
Jan
4%c
Mar
1.04
\
Jan
6,500
'
25c
1.15
,
Morrison
10c
Mar
15c
-
16%
Jan
14V2c
10,700
lie
•
j qo
•
10
14,500
1.18
1.15
•
48c
885
17c
1.06
,!
•
17
Mar
National
1.16
1
11
124
7% Mar
50
16,500
15c 16'/2c
16c
1
17
52c
lOVi
16'/2c
Harricana Gold Mines
4c
325
17
5% Mar
Jan
8.25 Mar
1,500
1
—
2%
4,555
100
Montreal Locomotive
54
Feb
21
6,075
'
8%
...
Jan
48c
'' 10V*
*
Montreal
Mar
47/aC
Feb
13%
Modern
5
4C
Feb
16%
19c
53
7%
Jan
11c
Feb
16
19
Feb
2%
Moneta
Mar
1.20 Mar
Mar
6c
9.25
Feb
6c
Jan
Feb
18C
Feb
4,000
Jan
20c
1.20 Mar
17
Feb
2%
10
6'/2c
Jan
-
8.25
l
100
6y2c
__
62c
2%
Jan
16c
57c
140
Mar
15c
Jan
59%
,94c
9.05
34%
-
18
104
Mar
♦
Oils
78%
Jan
100
6c
Jan
Jan
.
Model
Jan
42c
.
54
Jan
Mining Corp
Jan
55 %
14% Mar
.
Feb
Jan
1,745
Feb
10% Mar
Grain..
Pacific
19
20
410
»
24
13,000 "V
Jan
10%
17%
,15
15 '"
17%
25
Feb
24%
18
5
51c
Feb
7c
53
14y/4
32
*
85
48c
"14%
Jan
1' 15c
Brick
63
40
Feb
28%
*
5
50c
1
Midland
723
124
21%
Gas
11%
124
Jan
71c
5
Mercury Mills
Mid-Continent Oil &
Jan
Jan
18%
*
:
1.15
9%
6,912
1
McV/atters Gold
53
._
-
5
Gold
Feb
Feb
165
-
1
Lakq
Jan
2.45
5 %c
24
--
*
,
52c
Jan
Jan
3c
10%
„
•
i
Lake
Jan
2,500
30
18%
——
Jan
1.96
Jan
3.95
Feb
113
Mar
40c
10,500
20
29%
*
—
common
Porcupine Mines
n
_•
Hinde & Dauche
Grain
Frontenac
Preferred
508
"
*
Oil—.
74c
11% Mar
1,000
28%
73
Jan
18%c Jan
Feb
4'%c
Jan
3.30
Mar
iqc
__
74
1
Mining-
15,100
50c
Feb
71/aC
11%
•
—
Mar
2.50
6c
n%
1
;
32c
105
100
a-
8,563
54
1
4
12,600
53c
32c
v
6c
105
1
Mascot
36c
2.60
49c
12c
53c
*
Hasaga Mines
Headway Red Lake
McCabe
Mentor Exploration
2.50
2.60
__
...
106
Jan
°
Mines
11,050
32,500
10%c io%e
19%
I—I20
McColl
Jan
20c
___50
Harding Carpet i-.4—
8,466
2.20
3%c
14%
74c
lOVaC
preferred
17%
*
Alabastine
14%
*
...
Feb
19
3.25 Mar
Mar
.
15c
•
;
»
common
6.50
Jan
Jan
80
Martln-McNeely Mines
17%
5.85
17%
44c
Feb
Masssy-Harris
17
200
12,950
Feb
2.25
106
IIZI-i
38c
18
39c
Jan
3.50
Jan
4.85
Jan
1.81
3c
*
98%
3.20 Mar
20c
10,760
2.00
__100
51
*
4.20 Mar
3.25
3.50
1
Sugar preferred—
Maple Leaf Gardens
Jan
40c
1
Eastern
3.10
18
•
•
1
common
Mines
Gold
98%
*
...
Gold
Manitoba
V'^I'
Jan
21,345
5,225
20%
28c
3.75
MacLeod-Cocxshutt Gold Mines
Feb
Mar
3.25
3
Feb
Jan
3.60
20c
3.55
4%
Mar
31 %
Jan
1
4%
10
13%
Jan
39c
Lake
Macfie Red
Feb
Jan
Feb
2.58 Mar
4,433
4%
6% Mar
Feb
2.40
33%
29% Mar'
20,100
50
1.30
Jan
Mar
25c
28
Jan
25c
3.90
100
7
245
20c
10
34
7,300
3.65
6%
11%
1.85
Feb
30% Mar
19,900
Mines
MacDonald
Feb
"
3.85
12%
y
30
1
10
*
common
29%
_•
12%
*
....
Gold
Mines
12%
,
1
—/——I—
A
Feb
Macassa
'
class
Feb
1.05 Mar
250
30
5.50
19%
Groceterias
24c
6,775
*
•
Jan
Class B
1.25
3,000
1.05
1
Gold
Feb
g%
Feb
Laura
4.20
•
21J/2
Jan
17%
115
Jan
Jan
1,235
i....
19%
Jan
1,240
.1
—
15
Feb
90c
18
»
-
see
8c
35c
4.50
1
For footnote-,
Jan
4.30
\
Mines
6.50
171/2
l
—_i
5.70
35c
1
__—I
1,364
20
25%
1
Mines
Mines
6.30
20
Feb
1
Vellowitnlfe
Jan
6.00
4.30
•
r
Jan
4.50
1
1
Mines
Oil——
1.25
3.25 Mar
20
I
1
Mines
Gold
Gold
1.00 Mar
100
Feb
•
common
'
7,200
171/2
__
_;
1.05
3.25
*
"U"
Jan
1.00
6730
*"
Larder
13%
Jan
Mar
20%
10
2.20
•
___
Highland-Bell
6
12%
50
Oil
45,600
1.36
,
3.25
•
Jan
12
1.03 Mar
111,150
28c
22%
6
•
Mine*—.
Highwood-Sareee
62c
20c
Mar
g::
.20! Feb
61c
Lc
Feb
4.80 Mar
c
Feb
.26%, Mar
,
*
Feb
10
Jan
1
v-" Jan
250
24%
1
57c
13,000
785
Jan
Feb
Fortune
10c
"24,100
25%
1.05
1.69
19c
Jan
Mar
Lake
Jan
2,23
Mar
1.33
15c
Jan
Lake Dufault Mines Ltd
Mar
2.95
.<
500
Jan
Jan
46'c
Jan
5c
3.50
6'0c
2,-u'OO
42c
14
Mai"
32,660
Jan
Jan
1.58
37c
22%
4
„—
8Qc
1.65
15c 16 %c
Feb
Feb
35c
Jan
Mar
55c
24c
1.11 Mar
*j«pask& Mines
100
I
Saddlery
80c
1.45
15c
5.4.0
Feb
1
paper
80c
26%
Jan
'
34c
12%
36,200
4.90
15
60c
1,500
5,245
40c
1.62
24c
31
Mar
35c
1
Jan
Jan
Jan
31c
13%
35c
10c
95c
Mar
25
34c
37c
25%
8,500
10'/2
Jan
12c
270
13,300
9.20
21
j 27c
13,000
31
Feb
Mar,
12%
13%
•
14'/4 Mar
/
30
31c 36 %c
•
1
7,050
10
*'
31
31C
1
20
•
l«lu
Mines
58c
Mining & Exploration
Laguerre Gold Mines
38c
2.05
100
A
______
Goia
3c
26,600
1
150
100
—
2,000
63c
1
(John)
7%c
3.35
3.45
Jan
4%c
1
Townsite
6c
7c
Feb
9c
58c
Jan
1.62
55c
Mar
4%c
3
common
iVlUici
Mines
Gate
Lake
34c
__
*
Hamilton Cotton
Gold
100
'
Bridge
Howey
26
Jan
6c
3,864
Mar
1.05
*
Swayze
Gold
26
16c
..J,
Gold
Hosco
Feb
1.11
4__—_—*
preferred—.
Homestead
25 Ya
18c
•
prcierred
Gypsum, Lime &
"wr
200
1.15
*
Mackay class A
Bousquet—
Hurhridge
Kirkland
26
Gold
Golden
Kirkland
Feb
26
1.11
1
Porcupine.
Gold
Feb
Jan
28 %
Little
Gunnar Gold
Hedley
Jan
Jan
42c
47c
8%c
"
Kirkland-Hudson
18
27
26
26
__
*
Greening Wire
Guaranty Trust
Heath
13%
25 y2 Mar
Jan
4%c
6c
Kirkland
Jan
Jan
19c
42c
twerr-Addison
8
15c
Feb
6c
Feb
425
Jan
Feb
8c
47c
12c 16 %c
Jan
13c
2,000
14,500
17,880
16 %c
31
3%c
14c
3%c
Jail
310
9
15
10,300
14c
9%
100
Gold
9c 10 %c
27% Mar
103
3%c
33 V2
30
9
14%
185
55c
*
Preferred
Heva
Keivinator
225
4
Exploration
Harker Gold
Jan
53c
*
....
class
Power
Rock
Feo
90c
29% Mar
"
Hamilton
16%
Jan
29y2
__
14%
2.25
Goodfish Mining
Goodyear Tire common
««rd
Jan
1.08 Mar
89,042
,
common
Halliweil
Jan,
48c
1
1.18
common
Manitou
Halcrow
1.34
Mining
141/4
Aircraft
preferred
14
2u%
12%
Goldora Mines
1st
3,708
3,500
1
10
Lakes
15%
55c
63c
20%
common.
Mines
Jan
_1
1.03
_•
common
Gold
Jan
37%
__1
*
West
Kayrand
Feb
Mar
104%
Gold
1
—
Golden Arrow
Great
Jan
26
Mar
Quebec
19 %
Jan
Jan
3%c
Mines
14 y4
Gold
A
Mines
20%
:
Gold
Class
16
25
33% Mar
Gold
25
—
Goldale Mine
Great
835
Jan
85c
10
Kelwren
1
Lake-Porcupine
Graham
16%
Jan
11
4,816
Kenville
*
Yellowknife
Gordon
Jollet
24c
Jan
1
Feb
15J/4Mar
Mar
73c
I
Jan
1.70
Jan
15c
103
9c
Jason
98c
14
I 9% Mar
14 %
29 %
103
1
J M Consolidated.
Mar
Feb
15% Mar
14%
1
Jellicoc
Jan
Jan
15
34 V8
1
Mining
Feb
1.32
30
Jan
28
Mining
Mines
Feb
70c
Feb
Jan
33%
Feb
*
preferred
Goldvue
Waite
1.17
...
——
Goldhawk
Jacola
20%
Cos
Golden
Jack
Feb
2.45
27
Mar
•
Lang & Sons.
Lapa Cadillac Gold
_
Canada
Eagle
Jan
28c
,
Jan
Jan
22
29%
Jan
1
General Bakeries
General Steel Wares
Gold
Uranium
Jan
Jan
34%
16%
__
A —•—
Goldcrest
International
Feb
20
A
c.ass
—
caite
•
Feb
12%
•
22
*
*-<k'
a
A
Jan
__
-«uu
class
Mar
12%
15
Jan
1
Kirkland
Glenora
25%
14%
Foundation Co
Giant
Mar
1.63
1
Mines
Preferred
Giilies
25%
13c
20%
1,500
1.70 Mar
1
Preferred
5%
80c
18
1
_.
Mines
Products
Frobisher
1.43
1
Grain
Gatineau
75c
15
45%
11
225
17c
High
Jan
7 %c Mar
15,400
10
40
45
17c
145
__
Machines
class A_:
(A J)
14%
%c
97/a
6,031
*
Preferred
Fiaser
14%
*
com
Labrador
—-
Freiman
14%
11,700
1—23.50
Falconbridge Nickel
Famous Players—
Fanny Farmer Candy Shops
Francoeur
13%
15
*
common
Ccrp
of
1,000
1.15
1
ll_4llU
English Electric
Ford
5,509
15%
21%
M
Mines
&
13%
15
l.oa
Washing
Mfg
13%
15
14%
1
Fleet
796
13 %
20%
I
Fieury-Bisseii
28
1.13
Mines
Class
27%
14 V2
B_____25
Steel
Fittings Ltd
27%
21 %
Mines—
Fibre
20
•
Sullivan
Federal
22
1
25
Malarcic
Federal
Jan
15c
7,800
__
.
Mar
Feb
1.00
lb,950
East
'
44
26c
80c
Last
Eureka
21%
100
85c
72c
certificates.—
Life
320
1
Powders
Metals
Jan
73c
♦
Mines
class B_
11%
6
Preferred
Jan
1
—
Oil—
Gold
11
__i
International Nickel Co common
International
Petroleum
Jan
9c
1.44
*
&
trust
Paper
11%
*
Bronze
55c
68c
1.32
common.
;
Easy
13,000
ordinary.B
;
62,200
56c
1.44
—
&
Mines
Equitable
of Canada
;
141,400
'16cl8%c
64c
1
_
Duquesne Mining Co.
Duvay Gold Mines..:
Eldona
1.50
Mar
95c
3,400
Stores
El Sol Gold
41
7,000
preferred
Tar
Biuer
1.10 Mar
40
17c
Preferred
Eddy
8%c
100
Lake
International
Jan
28c
6,650
2.15
Ltd
Dominion
Eastern
3,000
11,200
'44
7%c
«
International
Jan
37c
43
8c
Inspiration Mining & Devel__
Feb
121
1
Dominion
Crest
30 y4
15c
Steel
East Amphi
Jan
1.90
Foundry & Steel
Magnesium
4.
East
27 y2
16c
Dominion
Voting
50
2.15
Dominion
Donalda
paid
1,135
*
...
41
23% Mar
I7%c
Lake
Coal
Dominion
Jan
1.70
l
Mining
Mines
inuian
16%
1
Seagrams
Diversified
Jan
175
1.58
__1
Lake
Dominion
Imperial Tobacco
Imperial Varnish
Jan
4
Discovery Yellowknife
Dome
imperial
Feb
Jan
1.00
Low
41
1
OH
Feb
61c
Range Since January 1
High
41%
10
89 y2
92c
Mines
—
Red
Distillers
Low
•
Bank
375
31c31%c
43
1
Shares
Jacknife Gold
Nickel
Red
L
*
Mines
Dickenson
Imperial
28c
100
i
Hunts Ltd class A
Huron & Erie 20%
Feb
1.10
1.15
1
...
Patric.a
Delnue Mines
Denison
3ic
1
Mines
Coal
Aircraft
D'Argon
'
*
_
-
Bay Mining & Smelting
Malartic
:
Inglis & Co
common
___
Pershing
Nest
Crowshore
Cab
___
Mills
Mining
Cioinor
5
for Week
Par
-
Hugh
Mar
21
Jan
50c
Imperial
Crow's
40c
Jan
85c
&
Exploration
Corrugated taper Box
Cournor
17 Vz
Jan
35c
Mar
1
4
Mining
Conwest
Cosmos
Mar
Central Cudihac Mines—_1
Consolidated
Consolidated
Consumers
1,30
Sales
Range
of Trices
Jan
19j/4
__
*
v
Hudson
Jan
1.85
__
Consolidated
High
21c
3gc
__
National——________x—...1
Conutgas Mines1;
Li-,-5
M.nes
Low
2Gc
Week's
Last
Sale Trice
STOCKS-
27,500
Conduits
Coniaurum
Friday
High
21c
14
Range Since January 1
7
—»
MARCH
for Week
Shares-
1947
MARKETS
'ENDING
Sales
East
STOCKS—
LISTED
FOR WEEK
Monday, March 17,
-w-
«r.
*
..\«r •-
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4577
165
CANADIAN
Range
STOCKS—
Sale Price
Canada
Mines
H
*
Friday
2,300
405
2.00
2.00
2.00
1
30c
25C
31c
Preferred
Jan
7c
7%c
8,500
5
5%
425
5
6
6
100
5%
Norzone
Rouyn
1
Okalta
1.73
1.72
39,900
1.73
44c
17c
1,500
9c
6,450
Surf
Feb
2.67
lie
12c
3,500
9c
2,500
.
1.73 Mar
65c
Feb
16 J/4 c Mar
21c
Jan
Mar
20c
Jan
14c
Jan
(G)
Feb
2%
10
19
19
25
18%
Jan
19%
814
3,600
14c
Mar
60c
.
—•
23
Jan
55c
18%
55c
60c
17,800
1.32
1
20
Mar.
14c 15 %c
19%
•
27/8
2 Vi Mar
19
1.04
1.37
158,018
55C
52c
56c
7,500
5%
5%
50
5%
,
Preferred
52c
Pacalta Oils
Pacific
Petroleum
——1'
.
6c
50c
2,500
1,000
90c
90c
95c
•6,800
31
——1
-
Page Hersey
Pamdur Porcupine Mines Ltd—
31
31 Vi
315
1.43
1.55
8,835
1.55
—
Feb
Paramaaue Mines
Partec Malartic
■
Jan
9c
Jan
65c
Feb
Jan
1.20
Feb
14c
12 Vic
14c
14,966
lie
15c
20c
19,200
15c
Malartic—
__1
1
95c
2*300
27
27
215
54
54
20
6
6
25
6
Feb
6%
12%
12%
100
12
Jan
12%
Feb
3.35
3.40
5,485
Feb
3.65
Jan
1.35 Mar
1.40
Jan
"g
135
1
Toronto General Trusts
Iron
Feb
Works
Feb
2
Mortgage
Towagmac Exploration
Traders
Finance
9,600
10c
Jan
11c
800
3c
Jan
5%c Jan
47C
52C
21,320
47c
Mar
56c
Jan
United
29c
Mar
Jan
United Fuel
Feb
15c
18C
1.14
1.15
65,100
3,400
1,14
Jan
12c
12c
14c
3,100
10c
Jan
1
3.00
2.95
3.00
5,183
i
3.90
3.65
3.90
2,650
Jan
4.25
Feb
Upper Canada Mines
28c
9,500
26c
Mar
38c'
Jan
Ventures, Ltd
4,000
37c
Jan
42c
Mar
Vicour Mines
36%
36 %
37
860
33 Vi
1.22
1.10
1.25
5,500
83c
Jan
1
Voting trust certificates
Corp
Power
Premier
1.14
1.12
1.17
1,71)0
71c
13
80
74c
77 c
8,125
56
56%
55
76C
1
Premier Trust———Pressed
Metals
—.100
1
East Dome
Jan
11%
11%
11 Va
500
1.65
1.50
1.65
15,120
74c
"A"
United
Feb
Villbona
Waite-Amulet Mines,
15
Gold
1.40
Feb
Wekusko
West
Jan
9%
Jan
12%
Feb
Westeel
Jan
Western
Grocers
Preferred
Quebec
40
Gold
Quebec Manitou Mines
Queenston Gold Mines
'..t
Reeves
Macdonald
1
Gold
Renfrew
—
Silk
class
A
Long
class
A
54 Vi
Jan
55
Jan
94c
94c
600
85c
Jan
82c *: 87c
82c
Mar
90c
9,000
12,043
80c
Mar
17%
26,783
16% Mar
82c
80C
17%
200
1.30
1.55 Feb
1.50
72c
3.50
3.50
9%
9'A
150
10
Feb
10C
10c
5,550
7c
Jan
15c
Feb
36c
38c
6,400
36c
Jan
47c
Feb
33
Feb
38
1
10C
37%
-
79,950
100
15
37 %
Jan~v
55c
10c
80c
Jan
Jan"
2.20
9 % Mar
6%
--
7%
1,300
9%C
2,100
10c
3,000
*
...
12 %c
Bridge
....
58c
Senator Rouyn
Ltd
66,000
35c
Jan
66c
7,650
49c
Jan
24%
895
23%
Jan
25
170
14%
Jan
20
Mines
34c
Mar
42c
15%
17
,
46
34c
46C
38.700
12%
12%
12%
1,545
104%
105
55
11%
14
3,960
100
*
14
37%
7c
23c
70
38%-
122
4.00
122
3.85
4.10
7c
22c
10
4,425
Ucnl
Gold
1
*
1
Silver
Class
12
1.03
71c
Mines
106:
Slater
9%
Southam
36%
Jan
117
44%
129
Jan
3.85 Mar
Stadacona
Mines
.Preferred
Standard Paving common
Standard Radio class A
Stanley
Brock A
Starratt Olson Co
Vstedman Bros
—
:
10c
Feb
18c
Jan
23%
24%
9,410
45c
39c
48c
20c
25 %
S% Mar
25
25%
38
38%
30%
11 %c 12 %c
H-ioo
26
Jan
50c
Mar
Jan
23c
Jan
Vj
26
Feb
'
23%
Jan
38%
Feb V.'!
Feb
36
Jan
36%
Jan
28
Jan
31
108
39% Mar
.v
Feo
Jan
11 %c Mar
18c
Jan
Jan
19c
15.500
29c
Jan
16
15
16%
1,572
13%
Jan
16%
Feb
99'A
99%
99%
115
98%
Jan
99%
Jan
11 %c
13c
130
130
10
3.05
3.15
5,315
23c
4.700
14c
15c
2,000
100
8,000
3.10
21c
*
21c
14c
11c
15%
15%
13%
11 %c Mar
120
Mar
3.05
Jan
20c
•;
17c
Feb
130
Mar
3.40 Jan
27c
Mar
Jan
16c
Feb
Jan
12
$11 000
Jan
Jflc
14
375
13
—
.100
Feb
16% Feb
41
Jan
4.50
Par
Feb
Jan
Asbestos
American
Banknote
Columbia
Pulp &
18,200
19c
Jan
27c
Mar
British
11
Feb
10
210
12% Mar
13% Mar
14
40
48c
40,700
24%
25 VB
1.042
23%
7,300
31c
33c
34c
12
11%
12
1.32
1.20
1.40
3.100
3.65
A
245>.
40c
Mar
Jan
Corp
64c
15
13%
9.50
Co
Pap
Jan
Canada Vinegars
1.65
Jan
Canadian
5.35
13
Mar
14%
Feb
Canadian
275
12 % Mar
13%
Feb
Canadian
9.25
9.50
700
10%
Feb
Jan
Jan
Feb
18%
Industries
12,100
53c
Feb
2.001
11%
Jan
12%
Jan
Coast
627
67/s
Jan
87/s
Feb
Consolidated
15%
15 Va
25
14%
Jan
18%
Jan
Consolidated
530
740
80,120
Mar
27% Mar
23
Mar
104%
53c
53c
43c
42c
31
56c
48c"
32 Va
8,310
15,400
225
48c
Jan
41%
31
-
32
28%
106
Jan
Dalhousie
54
Feb
Donnaconna
33%
18
4.300
97c
Jan
65c
7,567
63c
Mar
*
100
*
*
102
102
103
90
7%
650
7%
10
10 Vi
92c
7
7%
7%
*
1
Jan
10Va
25
80c
92c
15,700
16 Vi
17
250
8% Mar
102
77 Va
Jan
88%
Feb
335
16
Jan
150
20%
Jan
22%
Feb
35
13 %
Feb
15%
Jan
common
•
14
24'A
150
21
Jan
25% .Feb
2%
2%
100
26%
26%
15
24
__
•
—
•
—
130%
—
2
3
3
135,
2%
26
Feb
18%
3
3,600
Jan
,
32
130% Mar
50
3%
*
5
2.00
2.00
152
3
17.%
50
50
50
2.00
17%
17%
—
•
36
33
—
35c
38
100
100
17
-
43
100
Mar
3%
Feb
Jan
Jan
Jan
Feb
1.75
310
36
Jan
50
Mar
Feb
2.40
.17% Mar
5,340
34%
38
.
35c
34
34
19%
Feb
Jan
36
Mar
Jan
52c
Feb
30
Jan
500
32c
245
32%
common—'
Jan
37
Feb
Mar
40
Feb
10
92
Jan
100
18
235
17
Jan
2.30
*
38
2.40
1,825
24%
—•
Feb
Foothills Oil & Gas
1.25
Jan
Hayes Steel
Jan
Humberstone
9%
Paper common
24%
155
*
25
t
Minnesota & Ontario Paper
8
Jan
Pend Oreille
Feb
8
Mar
Southmount
10% Mar
11
Jan
Stop & Shop——
Jan
Temiskaming Mining
Jan
Yukon
1.06
—
*
*
19%
Feb
Feb
2.75
Feb
Jan
30
Feb
22
22
21
Mar
24%
Feb
48'A
49%
Jan
23
21
'
—
50
3,835
48
Jan
55'A
Jan
17%
18%
1,320
17
Jan
21
2.75
•1.90
Jan
6
19
•
*
104
Feb
.
Shoe
Jan
Mar
18
—•
Paper
Jan
16%
135
•
6%
80c
82
18%
class A
18%
78c
International
500
78%
Jan
1.03
9
78%
*
Textile
Jan
Mar
63c
8%
Feb
22%
Bridge
Dominion
1.00
8%
5%
13%
Oil
Dominion
Feb
17%
17%
Feb
Jan
Jan
Feb
68c
1.01
190
169%
4%
17%
Copper.
Jan
17%
65.
Feb
Mar
1,200
22%
;
Press
-
160
162
4%
—
Paper
-
40
160
4%
—
Canadian Westinghouse
46c
106
64
Feb
8%
28 Va
Jan
18%
Western Lumber
11%
25 Vb
48
4%
100
32c
23
360
*
common
8%
27%
Mar
58%
*
Marconi
Vickers
11%
105%
23
Sugar
Preferred
32C
24
Mar
—5
8%
105
Feb
23
Feb
-
290
27%
31
75
.'
Dominion
&
133.688
32c
Jan
23
1
Bulolo Gold
Canada
13%
4.20
17
162
27
Jan
Jan
12%
445
High
230
100
Jan
13 Vi
17
Low
28%
57
57
—.100
42c
13
17
Range Since January 1
High
23
com—*
common
25 %
1.20 Mar
8.70
Shares
28
__
»
Preferred
Brown
Jan
11% Mar
2.06
for Week
Range
of Prices
Low
•
Jan
;
Sale*
Week's
'
Feb
23c
12
Exchange-Curb Section
Sale Price
Feb
*
1
Investment
Consolidated
——*
*
1
1
•&:•;
18
3.00
36%c
—
—
"—
'
3.00
700
2.75 Mar
3.40
S6%c36%c
305
23r~; Jan
38c
50
1.35 Mar
9c
1.35
11c
6,200
9c
Mar
1.40
1.40
1,700
1.25
Jan
1.35
t
Feb
104% Mar
17c
Jan
27
16,500
•
*
Jan
4.95
'35
104%
11 %c
1
1
17c
1,735
50-
Feb
2.65 Jan
■av:;.T2:V
Jan
i
23% Mar
200
29
10
•
22c
.
125
35
29
18c
.
ieo
36
35
Jan
4.40
2,700
35%
Feb
9.10
153 600
19c
Last
Jan
•
Standard Chemical common
\
Jan
*
6%.
11%
*
(1944)
22C
23%
STOCKS-—
10c
•
Co
Jan
Feb
8%
Canadian Funds
teb
Jan
25
34c
.20
Springer Sturgeon
16c
Friday
Jan
13'%
.1
_—
<N)—
Co
7.001
49%
...2.25 Mar
6,000
Feb
7c
13%
.1
Sladen Malartic Mines
-J
21c
,
Dominion Oilcloth & Linoleum—
CSlscoe Gold Mines
Feb
19c
775,.
Jan
5% Jan
3 111
Toronto Stock
Feb
1.000
*
Preferred
1 878
12c
Feb
7c
•
—100
Class B
9.867
10
46%
.
Jan
13
Jan
104% Mar
45C
*
Simpson's Ltd class A
2.40
9.35
1
1
*
Preferred
2.25
21c
•
common
*
£
B
preferred.
Preferred
5
common
Miller Mines
Silverwood Dairies class A
.Feb
Bonds—
Canadian
Silknit Ltd
21
4.55
Girl
Knitting
British
12
—
C.
Sigma Mines
17% Mar
10c
Mines
Yankee
York
Feb
1
Gold
Mar
4.40
Wright Hargreaves Mines
12%
Sherritt-Gordon
30
Jan
Shawinigan Water & Paper
*
Shawkey Mines (194-5)
--1
Shea's Winnipeg Brewery class A—
Sheep Creek Gold
50c
Sicks' Breweries common
C
Mar
13 %c Mar
1
(Alex. & James»
Ymir
j
Jan
30
4.55
Gold
Yellorex
Feb
21c
10
Feb
48c
62c
23%
*
Scythes & Co common..
Wood
———
Feb
10%
9.95
•
common
Feb
Feb
9%
1
——
9%
1.10
16
.
Feb
24
1
1
1
*
Mines
Preferred
Feb
Feb
46c
100
River Gold
'■■■■
Jan
Feb
65c
A**—————50
preferred
,
Feb
8
Mar
9c
3.75
Feb
12c
8'Vic Mar
10c
v.
'
6% Mar
8 Vic
*
Power preferred
St Lawrence Paper
T.
Winnipeg Electric
62c
1
San Antonio Gold Mines Ltd..
V.
Jan
Jan
1.50
*
St Lawrence Corp common
Sarnia
1.14
Mar
13%
8%
100
Larder
77c
,
10
—1
Mines
21%
.
1
Mines
Wiltsey-Coghlan
Winchester
Mar
135
f
;
Feb
30
2.44
-
common
Preferred
30c
7
*
.
(George)
Feb
Jan
Mar
48
100
A
Jan
47
♦
,
12%
>
g%
•
common
Jan
1.20
*
Gold
Co
Industries common
Sannorm
16%
■
70c
1
Rush Lake Gold Mines
Band
"80c
1.15 Feb
-
1.50
1
Royal Bank
Royalite Oil
..
,
Class
Weston
Winora
0
common
Jan
10
Oils
Saguenay
190
•
Lac
Merger
Russell
54%
1
Rocliette Gold
Roxana
54%
54%
14%
„
*
(1936)—
Little
Robinson,
Rouyn
Feb
1
Richmac Geld
Roche
Jan
14
1
Textiles
Gold
Riverside
20c
Jan
J
.
Renabie Mines
Reno
14%
Mar
13
1
' .<£{•
Regcourt
Feb
11c
1,200
1
—....—*
—
'
:
12%
2,700
14
—1
Quemont Mining
865
13c
14
12c
18%
*
Products
1.92
Mar
30
2,730
30
56% Mar
1.50 Mar
Jan
175
Jan?
18c
Jan
12
6%
.1
Mines
1.40
Jan
45
14 Vic 14 %c
•
Consolidated
Malartic
49%
13%
1
930
•
Walker-G & W
Feb
Jan
13%
*
10
common
9%c
1
Ltd
Preferred
Proprietary Mines
Purdy Mica Mines
Purity Flour Mills
25
48
•
Feb
1.60
.
Mar
24,500
14
17%
50
Steel
1.67
,
Feb
12
85c
9'Ac
25
L
—1
...
Preston
12%
£—*
Gold
Feb
class
38
Jan
1
50
77c
170
8,700
30
1.10 Mar
11 %
•
1
Powell Rouyn common
23c
30
•
40c
Powell River
116%
Feb
3.30
2.82 Jan
3.45
Jan
14
1
26c
39c
26c
Porcupine Peninsula
Porcupine Reef
Jan
-
>35
18c
14 %c
1.15
Pickle Crow Gold Mines—.
Pioneer Gold Mines of B c.
12
111
*
Class B
Mar
3S5
*
1
1.31
20
V' 15
81c
1
1
17c
Feb
12%
914
1
"
Jan
Feb
175
jsc
•
.
60c
65c
555
♦
Corp class A
Jan
Jan
18
510
"
Jan
43c
12
•
Mining.—
Mar
4oc
8,900 '
30
Union Gas Co
Union
Jan
54
1,800
B
Resources
28
116% 116%
50
City
3.25
Jan
175
1
class
Feb
Jan
1:00
'
■
53% Jan
12,300
20
Jan
26
2.75
1.20
♦
Toronto
82c
•
Jan
30c
Jan
11%
100
„
A
48c
56c
Jan
1.12
Jan
4 Vic
17c
46c
2.25
600
53c
1.17
1.35
23c
:
11%
Pen-Rey Gold Mines
Mines
1.35
»
Perron. Gold
t
3 40
♦
I
15c
Piccadilly Porcupine
"
27
5
Tailors
Class B
,
85c
1
Elevators
Twin
20c
.
10c 10 Vic
52C
Mines
Oil
Transcontinental
4 ViC
10C
6,050
10
Gold
Jan
33 Vic
Mar
Paymaster Cons Mines
:
1.70
Jan
18c
1
,
33% Jan
Jan
1.40 Jan
31
1
8,500
Feb
6c
84c
26c
19%
Top
Jan
2.45
•
com
Mines
Toronto
Jan
2.85
23c
20
Toburn
Feb
10c
-
2.25
45c
Tip
Jan
Jan
24 c
55C
Jan
)
Jan
83c
2.15 Mar
1
50c
f
Pandora Cadillac
Partanen;
6c
50c
•
——i
13,590
Thurbois
Toronto
Pacific Eastern
6%c Mar
2.35
Feb
Feb
,6
8 %c
2.15
•
2.26
4% Feb
6%c
Texas
75c
Mar
2.65
v
2.40
Feb
£ 1.04 Mar
2.01 Mar
44,275
8,500
Thompson-Lund Mark Gold Mines
Feb
21 %c
2.27
Feb
70c
89%
Jan
2.01
7C;
Feb
18 %c
Mar
I6e
8,000
_50
Canadian
160
17c
•
Carson
Gold
Mar
84
16c
—•''
&
73
l
common
Pearson
High
315
85%
HsOo
Gold
Preferred
Taylor
Low
••.78''- 79%
2.25
Taku River Gold
Tamblyn
Range Since January 1
High
2.12
i
Mines
Consol
Teck-Hughes
2%
Mines
cons
Inlet
Shares
84
Hi
Feb
Jan
8c
1
!
Bullivaii
76c
Jan
40c
43c
Mines
—
Jan
Jan
1.30
7%c
Lake
Ottawa Car
Sudbury Contact Mines.:
Mines
Sylvanite Gold Mines
*
Orlac Red Lake Mines
Osulake
Jan
Jan
1.85
16 %c
common
Gold
Steep
Iron
for Week
Prices£
84
Steeloy Mining Corp
Jan
Rock
of
16c
Jan
■
2
common
25
6%
v:
78
Preferred
6%
Feb
v
Low
common
10c
.
Mar
40c
1
-
Beauty Supply
Crush
Oslsko
26,035
•
.
Preferred
Orange
17,450
2.30
*
—.
Omnltrans Exploration
Orenada
44c
2.01
1
Oils
O'Leary Malartic £
Omega Gold Mines..
Ontario
40c
2.30
*
Ogama-Rockland
41c
1
Mines
Mines
Gold
Canada
34c
Feb
"
O'Brien
Jan
24c
7c
7c
-2.20
of
Co
Sales
Range
Sale Price
Par
Steel
Feb
42,000
*
—1
(1940)
common
78c
Jan
2.00
5
Mines
North Star Oil
Jan
66c
STOCKS-
.
High
Low
70c
Week's
Last
Range Since January 1
High
70c
1
Northern Empire Mines
North Inca Gold
Northland
Shares
Low
Par
Northern
14
for Week
of Prices
Last
MARKETS
ENDING MARCH
Sales
Week's
Friday
LISTED
FOR WEEK
RANGE
1489
1.75
Feb
Jan
Mar
Jan
12c
Jan
1.45
Jan
1490
THE COMMERCIAL &
FINANCIAL CHRONICLE
Monday, March 17, 1947
OVER-THE-COUNTER MARKETS
Quotations
for
Friday, March 14
Vi'v
Investing Companies
Mutual
Fonda—
Par
Aeronautical Securities
Bid
Ask
5.89
1
6.47
Affiliated Fund Inc—%
Amerex
Holding Corp
4.35
10
Par
Keystone Custodian Funds
Berles K-l
4.76
30 Vz
32%
Business Shares
1
3.93
4.30
American
Foreign Investlng-100
8.75
9.50
Associated Standard Oil shares-
Axe-Koughton Fund Inc
Axe-Houghton Fund B
Beneficial
Blair
&
Corp—
5%
47/8
99.74
103.90
19.97
21.59
18.29
Mass
17.28
18.94
Mass
Inv
Fund
Ltd
1
4.35
•
29.48
31.70
Chemical
1
13.66
14.77
Fund
Christiana
Securities
com—100
2,960
100
150
Preferred
5.05 v
ne'awnre
1
15.38
National
6.65
Bond
7.60
Trustee
uividena
Eaton
Shs
"D"
Shares
20c
1.42
Stock
Inc
First
Mutual
Trust
15.68
Stock
New
New
York
Trust
34 %
b
Inc
shares
37 %
5.49
14.70
A—2
5.69
•
41.69
44.83
1
5.61
6.02
Automobile
Aviation
shares
6.96
—
6.35
—
shares
Chemical
Food
bond
Industrial
shares
8.07
Machinery shares—
Investing
Shares
7.92
Merchandise
RR
stock
Utllltv
Huron
Income
4.82
5.41
4.36
shares
shares
4.74
5.43
Holding Corp.-.——-—X
Fund
Standard
10c
1.66
1.70
22.30
23.98
Securities
2 >/4
Union
Bond
Series
3%
•
100.09
104.11
2Mi
11.04
11.94
1
Utilities
6.35
10c
Fund
B
Series
Institutional
3.65
76c
State Street Investment
Corp—
Trusteed Industry Shares
25o
Incorporated Investors—.—,,.,!
n
series
North
18%
20%
73
49.25
20
153
160
10
52
55
94%
98%
13
14
Fire
20.91
6.42
General Reinsurance
Corp..
17.66
6.60
54%
91
95
0
5
7
—10
34
36
Reinsurance Corp
(NY)
2
(Texas).
(Paul) Fire
27
30
—10
—
5
—10
Republic
22%
24%
Rutgers Fire
preferred
.10
St Paul Fire & Marine
Seaboard Surety
—10
Security New Haven
—10
SprlngHeld Fire & Marine- -20
com
30%
33
18%
20%
45%
48
6
7%
13
American
Hanover
9%
24
.
88
27%
—10
U 8
'
;"*"
'•
.
'
26%
100%
104%
37
••
-100
40
Fidelity & Guaranty Co—2
U 8
96c
1.06
13.43
104
29%
4
590
32%
605
44%
53%
76
82
.2.80
Westchester Fire
42%
50%
—10
Guarantee
,
108%
America—10
26.62
28.94
Invest Management Fund Inc-1
13.38
r
34
36%
-
if
.
Unit Type Trusts—
13.69
Diversified Trustee 8hares—
&
D
Keystone Oustf tan Funds—
Series
Series
B-l
28.24
29.57
B-2
T Series
25.51
27.91
B-3
17.15
18.81
Series
B-4—....
9,19
Series 1956
10.09
XJ S El It & Pwr Shares
A-r
2.84
Ask
Bid
89
91
Portland Gas & Coke 3ys8.
1976
104%
105%
102%
...
22 J/8
m
Bid
American Airlines 3s_—_ .1966
Calif Elec Power 3s
.1976
El Paso Electric 2%s
1976
Firestone Tire & Rub 2%s_.
.1972
3.30
1
;
Recent! Security; Issues
Bonds-
103
'
Public 8erv (Okla) 2%s
1975
New York
Par
Bank of the Manhattan Co.—10
Bank
of
New
York
100
Bankers Trust
10
Bid
257a
100
41%
118
Central Hanover Bank & Trust 20
Brooklyn Trust
Chase
National
Trust Co
&
Par
Fulton Trust
Grace National
43%
—.—
102 %
38%
10
41%
43%
20
Trust—10
41%
43%
Corn Exchange Bank & Trust_20
Empire Trust
50
Federation Bank & Trust
10
Fiduciary Trust
10
First National Bank
100
16%
18%
180
100
Guaranty Trust
Irving Trust
Kings County Trust
Lawyers Trust
Manufacturers Trust Co
Morgan (J P) & Co Inc
123
36%
Bid
100
—
99 %
Chemical Bank & Trust
Commercial National Bank &
Continental Bank
Ask
27%
365
15
Bank
Illinois Power Co 2%s
Iowa Pub Serv 2%s
City Banks & Trust Cos.
350
285
—10
16%
100 1,750
25
49
20
.100
53%
244
12%
National City Bank
39%
New York Trust
—25
Public Nat'l Bank &
Trust_17%
56
58
89
,94
22
24
Title Guarantee
38
41
United
1,510
1,570
Sterling National
States
& Trust
295
17%
1,800
52
55%
99%
Scranton-Spg Brook 2%s_„ .1976
Sioux City Gas & El
2%s
.1975
Tenn Gas & Transm
2%s_. .1966
Texas Power & Light
2%s. .1975
105%
Utah Pow & Lt 2%s
.1976
Preferred Stocks—
Par
1976
104%
104%
105%
N
Monongahela Power
106
106%
Ohio
.1975
103%
103%
2%s_ .1977
Ohio Public Service
2%s
.1976
Pennsylvania Electric 2%s_,.1976
102V4
Pennsylvania Electric 3.70%_100
Public Serv (Ind)
3,50%—100
Ruppert (Jacob) 4%%__
100
Montana
Y
Power
State
El
&
Philadelphia El
Philadelphia El
3s_.
1975
2%s
Gas
Co 2%s
Pow
1981
2%s_ 1975
101%
102 »/4
104
104%
99%
Monongahela Power 4.40%—IOO
102%
103
102
1021/2
103%
103%
101%
102
Bid
Ask
100.10
127/S
650
99.18
100.2
>
103.8
1948.
Other
20, 1947
27, 1947
Apr. 3, 1947.——.
100
Ask
100.3
Ittuet
Panama Canal 3s
.1961
126
Maturity—
Wept. 15, 1947
Wept. IS. 1947
Wept. 15, 1948
Int. Rate
1%%
Bid
Ask
100.11
100.12
iy4%
100.7
100.8
1%%
100.25
100.26
one or more 32ds of
a
MaturityDollar Price 100 Plus
Certificates of Indebtedness—
Bid
Ask
tVflS April 1, 1947
.0153
.0195
t7/as June 1. 1947
_
.0256
.0340
t%s July 1, 1947
—.
.0244
.0331
t%s Aug. 1, 1947
.0317
.0393
t%s Sept. 1, 1947
V
.0326
.0418
t%S Oct. 1, 1947
.0279
.0387
t%S NOV. 1, 1947
.0263
r
Overland
are
.0302
——,
.0389
.0444
.0264
•
4%%
•
109
111
98%
99
102
103
102%
103%
96
97%
105
107
103
105
102
103
58
59%
Treasury Bills
far discount
at
purchase
Ask
b0.375
0.28%
b0.375
0.33%
Bid
Ask
"bO.375
b0.375
bO.375
bO.375
0.35'
0.35'
1947—
bO.375
0.35'
12, 1947.
bO.375
0.35!
Apr. 10, 194V
Apr. 17, 194 V—
Apr. 24, 1947—:—
b0.375
0.33%
b0.375
May 8, 1947
May 15, 1947—
May 22, 1947—
May 29, 1947.
0.34%
June
b0.375
0.34%
,June
b0.375
0.35%
a
point
::
t7/aS Dec. 1, 1947
t7/aS Jan. 1, 1948
}%S Feb. 1. 1948.
t%s Mar. 1, 1948—
Willys
102
b0.375
0.33%
5,
0.35'
0.35'
127%
Quotations For U. S. Treasury Notes
Figures after decimal point
represent
Bid
Mar.
£ 100.6
103.12
100
103
100%
14%
Mar.
y-.'4 Bid
——
3%
3.90100
Scranton Spg Brook
4.10%—100
Union Oil (Cal) $3.75.
•
May 1, 1947
Federal Home Loan Banks—
l%s Apr. 15,
Service
102%
€80
United States
100.14
99.14
Public
102%
102%
95%
Obligations Of Governmental Agencies
1%8 Oct X, 1950-1943
May 1, 1952-195Q
1%B Jan. 1, 1953-1951
2%a Feb. 1, 1955-1953—I
State El & Gas
103%
101%
77
Treasury bills—
iy4s
'
Y
101%'
42%
Bates quoted
Federal Lund Bank Bonds*-
102
102%
41 %
92%
12
100%
104%
Ask
101
102%
102%
250
74
100
100%
104%
.1970
Kansas City P & L 2%s___.
1976
Kans Okla & Gulf
Ry 3%s. 1980
Laclede Gas Lt 3%s__
1965
N
40'A
25
Trust—
Ask
195
200
100
-
...
1970
.1961
Gatineau Power 3s....
;
31%
14.72
Investment Co
V
74
54%
29%
'
U 8 Fire
24%
\0
71
6%
52%
•
Travelers
29
10
—
Fire
12%
Standard Accident—
t'?>i
13
_B
-
Great
2.78
105
51%
21%
0
7.55
2.47
101
.10
—10
19.27
2.8!
Independence Trust Shares—.t
North Amer Trust
shares—
Series 1955—,
*
84
22.43
—1
7
79
—20
Co
Providence-Washington
10
Gibraltar Fire & Marine
Glens Falls Fire
Globe & Republic—!
13
12.50
7.02
Welllngtou Fund
24%
6
8.82
20.52
27%
48
11%
22%
19%
Hartford
8.07
45%
0
Hartford Steamboiler
Inspect.. U
19.13
27%
25%
Preferred Accident—
Revere
25%
0
Indemnity
86c
—■
2
.2.50
Pacific
53
6%
165
0
Phoenix
48
52
5%
10
Fire
30%
49
155
-10
River
Pacific
Fireman's Fd of San Fran. ,,.10
Firemen's of Newark..
6
&
—20
Northern
10
Franklin
6%
29%
53%
71
31
27%
Casualty-
34
28%
82
5%
—10
51
68
77%
29
J
4
—2
31
•
22%
12%
Northeastern
76
23.16
90c
82c
66%
23%
77c
11.04
10.07
62%
22.46
A
—.
Amsterdam
13
54%
20%
mmtmltm
N Y
New Brunswick
New Hampshire I ire
New York Fire
22%
10
Fidelity & Deposit of Ml—
2nd
New
38
11%
52%
Fire
30
Federal
Globe
C'/a
78
Union
..0
Employees Group
Employers Reinsurance
1
(Detroit) -10
National Fire
National Liberty.
National
73
Fire
Casualty
10
Crum & Forster Inc
6.96
83C
46.25
Union Common StocL'Fund B—
Union Preferred Stock Fund
Ltd—
;' k- Aviation Group shares
Bank Group shares
Insurance Group shares
Stock and Bond Group shares,
16.23
3.32
100
Bovereip.n Investors
90c
30
15.09
X
Selected Amer Shares
Inc
Common
20
X
Fund
Fund, Inc
5.90
70c
(Geo)
National
Mfrs
10
City of New York—
Connecticut General Life
Continental Casualty
8.70
11.86
&
6
Fire
Fire Assn of Phlla
3choellkopf Hutton and
Pomeroy
Scudder, Stevens & Clark
4.89
4.43
8.37
10.82
Trading
Putnam
2.89
5!88
7.64
Republic Invest Fund
4.98
Foundation
&
5.49
4.50
shares
Steel shares
Tobacco
Petroleum
6.91
2.65
Equipment shares
Railroad
9.49
39
5%
25
6.83
7.94
5.05
shares
12.76
5.37
6.37
-
shares
Bond
8.72
6.23
—
36
2%
100
Merchant Fire Assur
10
Camden
11.54
Railroad equipment
56
8.79
10.38
10.38
Steel
20%
Boston
9.47
7.44
8.75
Mining shares
Petroleum
Railroad
6.86
—
shares
12.47
7.96
Utility
18%
54
—
12.59
10.53
Tobacco
Automobile
Baltimore American
Bankers & Shippers
8.02
Railroad
7.40
10.40
7.30
——
Price
8.75
6.82
9.91
10
10
9.93
11.49
Oils
Public
Merch
13.44
96%
34
-T
Massacnusetts Bonding
20%
29%
Surety
11.38
-
12
18%
27%
20
American
16
preferred
Convertible preferred
10
10%
27%
14%
common
3%
American of Newark
American
9.68
11.64
6.00
12%.
17%
11.04
9.47
Metals
8.11
11%
15%
Ask
25%
—20
of N Y
Maryland Casualty
Prior
5
American
—
34%
._6
9.27
stock
21%
32
American Fidelity &
Casualty.!
7.43
-
Bid
—»
Insur Co of North
America- —10
Casualty
9.06
Merchandising
5.53
shares—
Institutional bond shares
Low
7.11
10.65
7.48
—
Administered
American
12.26
equipment
Insurance
39
—10
Fire
Jersey Insurance
19%
4
8.83
Machinery
6.55
—
shares
Fully
Electrical
Automobile
,__10
Re-Insurance
Reserve—
-
9.83
shares
Electrical Equipment
General
6.89
13
Par
76
Alliance
10.07
stock
6.33
11%
com.
Home
Homestead
44%
American Equitable
10.42
6.78
9.00
Grande
Ask
Life
American
15.99
9.51
5.83
64
37
Rio
Preferred
83
Agricultural
4.01
8.46
8.30
—
Building shares
&
30
60
IOC
90
54%
American
6.05
14.91
Diversified Investment Fund—
Diversified Speculative
7.55
57%
88%
8.72
4.27
X
Stocks Inc—
Chemical
shares
55%
1993
Aetna Casual &
Surety.
4.36
,7.89
Building supply
Business
Equipment
Group Securities—
Agricultural
Aetna
Aviation
Bank
2018"
Aetna
7.66
Automobile
6.56
General Capital Corp
General Investors Trust
7.15
3.86
Agriculture
6.11
13.41
2/
27
preferred
Insurance Companies
6.97
England Fund—
2.09
4%s
7.79
5.22
3.60
25.11
6%
Denver
10.50
;:
5.46
1.91
84
/
6.40
-
series
23.33
Fund
Investors
Fundamental
9.71
3.85
Inc.
10
Fund,
Corp
Fundamental
1
Speculative series
14.67
80
14.96
stock series
Low priced bond series
Low priced stock common
•
Industrial
Income
4.72
25.98
2019
4%s_
Grande—
14.89
13.94
series
X
Fund
Boston
13.62
Preferred stock series
Fund
Financial
10
Inc
7.09
21.30
Rio
Ask
11.69
Security Series—
X
Bid
26.89
10.81
Industrial
1.56
—
Common
8.71
24.89
Selected series
Fund
First
7.96
1
series
Income
Howard—
&
Balanced
Fidelity
6.16
107
47.90
1
Securities—
Balanced shares
National Investors
16.63
2.50
Diver
Fund
5.67
Fund
&
1st 3-4s income
46.94
Nation-Wide
155
1
Invest
Denver
100.94
IOC
Investors Trust
Investors 2d Fund
Corp
3,060
1
Commonwealth Invest
5.79
103
inc—
—
Century Shares Trust
5.21
income
Stocks
Chicago Rock Island & Factfio—
1994
Conv
5.07
and if issued)
Ask
& Pacific¬
ist 4S
15.31
as
Bid
Chicago Rock Island
12.68
4.57
Fund
16.92
1
13.94
11.53
'
Mannattan Bond Fund
Common
—
Ltd
27.97
;r..
S-4
Loomis Sayles Mutual
Fund
•
Loomis Sayles Second
Fund__10
Mutual
Canadian
25.46
—
—
20.46
23.17
s-a
Knickerbocker
6'A
4%
Invest Co Inc
Fund
Series
Series
17.15
1
of America——
Znc
—9
Broad Street
Bullock
7.99
——1
Tr
Fund
Boston
8%
7.39
15.78
Co
Bond /in v
7%
—,
(When,
Bonds
18.65
Kn3
Series S-l
Series fl-a_i
Reorganization Rails
Ask
21.11
rn..1lh
8erles
American
Bid
(Cont,
.0422
.0297
.0472
.0328
.0518
Odd
lot
sale
(not included in
year's range).
b Bid yield price,
c Hein Werner Motor
Partst
Corp. name changed to Hein Werner Corp, and
outstanding stock split 2-for-t payable to holders
of record March 3, 1947.
Authorized $3 par common stock at same
time increased from 200/000'5
to 400,000 shares.
dDeferred delivery sales (not
included in year's range),
eEx-interest,
f Flat
price,
kRemoved to Stock Exchange.. rCash sales
(not included in year's
range).
tExrstock.
dividend. (Un) Unlisted issue*
wd When delivered,
wi When issued,
x Ex-dividend,
y Ex-rights.
♦No par value,
tin default. JThese bonds are
subject to all Federal taxes.
dividend,
vv,!;.':
:>
;■
tfEx-liquidating
V
!,
Volume 165
Number 4577
THE COMMERCIAL &
FINANCIAL CHRONICLE
THE
X Bank
with
clearings this
a
year
week show
COURSE
increase compared
an
Preliminary figures compiled by
ago.;
the week ended
foregoing will appear in our issue of
We cannot furnish them
today, in as much
ends Saturday and the
us,
Saturday figures
Saturday,
able at time of going to press.
the last day of the week in all
15, clearings from all cities of the United States
from which it is possible to obtain
weekly
be 0.7% above those for the
In
clearings will
preliminary
totals
stand
at
the
day of 2.8 %;
week
Our* comparative
summary
follows:
ended
Fri¬
398 in the
for the week
was
March
TELEGRAMS
1947
New York
"
1946
$5,697,255,128
586,572,115
682,000,000
490;051,440
615,000,000
362,415,693
198,820,852
431,427,032
226,423,792
233,600,000
316,300,000
206,282,878
231,480,980
St. Louis
San Francisco
Pittsburgh
Cleveland
All
cities,
1st
+13.9
2d
+22.8
3d
+29.8
+ 10.7
7th
___
8th
0.7
+
Outside
r
.
6,198,700
12,205,100
York
the
,>»•
605,100
224,000
?■
1946
month
1945
23..556.803
23,757,877
51,510,197
34,052,745
CLEARINGS
AT
LEADING
---koiithot February—1
(000,000
omitted)
York
Chicago
194(1
1,559
6th
958
N
3,609
3,430
3,061
>,908
1,333
2,542
7,035
,6,092
5,488
738
-
Cincinnati^
638
722
i
2,031.
1,037
2,114
1,975
1,109
3,091
",*.681
619
605
1,5.74
1,447
528
504
City
:
.
454,
1,069
Cleveland--
866
757
1,338
775
1,038
;
826
839
842
785Minneapolis.
New Orl'ns: .435
781
534
350
.390'
1,076
437
>
347
323
352
2&1
"
;
1,424',. 1,522
413
Louisville—
.2,374
2; 228'
1.79L
553
280
•
1,281,
290
Provictencel
98
77
Milwaukee_"
"207
173
293
232
244
Buffalo
St.
—:
Paul
_
1,817
028..
*
702
726
516
533
278
208
179
204
453
393
344
285
226
755
619
503
183
142"
126
394
303
Richmond
431
265,
772
686
City
$
309
929
342
240
180
190'
3
7191
341
335
360
V
828
73C
729
164
127
103'
110
359
281
245
90
76
61
194
,
'
62
TO. 27 Cits.
47,613:44,376 40,662 38,965 102,872
Other cities
6,591
5,420. ! 4*739
4,626> 14,163
Total
509
"
"
"
"
now
add
our
■
"
"
.
2,069,398,513
1,693,616,153
"
2,683,838,107
54,204,774,232
" 1
showing clearings by Fed
4
Two Months
1
14 cities
14
"
__17
"
Atlanta
Chicago
8
St.
Minneapolis
Louis
•;,:
;
Francisco
"
15
.
"
"
11
Gity
"
19
Total
Outside
"
7
16
*
Hth Dallas-—,
r-
"
31
3th
10th Kansas
12th San
"
16
•
"
184 cities
;
134
138
.11,601
10,295
9,432
99,074
89,694
45,904
44,099
.
..
-
■
Massi-~»Boston_+i^2'r^ti+^-2i--"f,'
River
¥-
:-
;
Lowell
—
Inc.:
r.
•
-25,856.062
—
Worcester
R.
^
(14
cities)
'
r
36,703,435
-
i
•i
1,971,628,951
....
V
v
^
-34,207,226
m ■'■■■<
7.460,828
+24.0
•••
+15.6
•
.
.
+ 14.lv
+ 17.3
;
77,685.700
:
•
^
;
'
•
•
>
+15.3
+ 14.8
-
+26:4;
.3,930)741?wVJ;
l",832,558,686
•
+ 17.9
1
:•
25«.8.. T'!:
"+
7.6
v
3,609,633.183
13,687,788
-
+ 31.4
8,128,800
*..
+10.9
+16.9
of
-
+ 14.0
Inc.
+ 30.5
9.3:
+
+ 22.5
+ 22.7
5,821,947
i.--14,225,089'
56,645,776
V-j 41", 191,958
194,366,661
82,523,731
19,935,700
or
2.2
6,367,458,074
+15.7
5,432,437,333
2,839,460,053
.
+ 16.6
-
+ 12.9
4,130,947,252
8',700,482,256
+ 17.2
2,907,094,438
+ 27.9
2,350,521,359
3,634,981,796
2,830,180,371
5,007,140,759
+ 15.7
+ 19.5
+ 24.7
+ 20.9
+ 15.0
110,122,331,135
\
18.625,700
214,340,000
10,163,325,
4,318,043,467
:
179,200,600
>
8,259,187
4,029,757,543
2,520,620,697
1,784,941,841
3.103.035.295
2.107.989.296
4,343.546,920
^
99,074,812,249
89,694,322,094
45,904,410,556
44,099,487,767
since Jan.
\r 1947 and 1946.
CLEARINGS
Inc.
or
Clearings Outside New York —-——H
i946T
'
Inc. or..
1947
Dec. %
1
-
•,
$
7'7. $
Dec. %
4.2
31,303,494,461
27,163,515,237
"26,715,645,414
8.9
23,150,349,683
+17.3;.
+
6.3
58,467,009,698
49,865,995,097
+ 17.3
or
week
ended
March
1947
1940
for
8
1,460,320
3,444,741
368,513,421
5.2
349,836,210
1,387,923
+ 18.5
1,304,733
+ 33.6
526,943
.
1,427,831-:
'
+18.7
5,021,191
3.951,571
20,6-76)551
+ 16.2
+ 18.6
+ 18.3
~~618~426
1,531,375
>
four
years:
1945
+ 11.9
1944
..
+
—
7.6
5.1
940.344
2,957,516
348,749,685
3,704,086
315,960,403
6.4
949,062
982,548^;
—14.8
523,267
406,732 +
+
—
0.8
1,156,958
9.4
17,908,735
+ 15.5
1,129,084
4,165,170
4.580,920
—10.7
3,112,823
15,555,363
—
'
8,347,254
+ 19.6
17,901,000
+ 23.1
17r963"500f
1,187,221
925,108
7.0
$
i,016,489 :
5,540,775
4,425,360
9,007,094
7.2
Inc. or
+17.2'
Dec. %
1,633,423
+
5,540,581,902.
5,301,482,303
2,344,802,928
3,487,064,364'
8,511,141,385
+ 17.3
49,865,995.097
3,704,858
+
3,539,857,833
47,109,257,330
+
+ 14.0
69,754,562
:
6.3
+
+ 15.0
-
•
,
3,560,250,544
54,749,601,720
5,716,637,444
5)435,826,998
2,540,792,584
3,795,001,180
8,679,295,305
2,645,091,324
1,780,178,011
3,182,911,044
2,419,403,394
4,569,822,701
+
+20.8
47.718,942
35,456)201
163,863,182
Months''
1944
" C::
$
7.2
+
—
Two
1945
110,122,331,135
5,108,361
'•
\
23,037,829,004
2,657,339,321
2,546,689,144
1,134,893,427
1,755.014,414
4,111,160,125
1,213,012,197
847,401,453
1,480,839,396
1,030,750,219
2,102,085,234
60,325,652,392
49,796,678,743
11,771,910
.
,
Two Months
Inc.
-
+ 11.8
+
,
2,653,028,268
2,530,662,101
'
Dec. %
12,031,706
30,603,941
3,430,226,454
11,551,227
5,585,570
1,674,803,023
1,182,217,301
1,735,457,662
4,102,896,182
1,199,740,741
799,822,967
1,424,573.793
1,074,249,334
2,079,092,897
+ 19.5
+ 17.7
4,029,757,543
61,891,869,901
February and the
1946
13,840)255
.
>+,"+-,5.6vn
5,378,159
31,823,159
9,330.300
4,943,089
„
month
$
2.2
22,667,172
15,752,966
:
.
90.056,656
98,194,900
.
N. H.—Manchester
•
.
I.—Providence
Total
'
-s
—
Waterbury__^-
-
-
New Haven
+
2.0
+ 15.0
+ 18.6
Jan. 1 to Feb. 28-
-
76,765,408
*18,566,730
Conn.—Hartford—
.
A
21,290,328,895
$
117,035,961,794
1947
.
2,165,748
5,455,956
>
6,304.901
—
%
2,673,216
2,686,318 f-Vr'&i:-"
.
Bedford
Springfield
.
43,591,816,956
21,174,223,850
1946
$
62,831,187,562
54,204,774,232
Total two months.
1,559,770,235
3,512.273
,
45)401,473,486
+
1,640,025,126
24,971,707,114
Clearings, Total AIL
January
February^
6,043,500
14,317,926
6,286,619
.
Holyoke
6,L77(929..a-
15,873,251.
1,647,136,488
.
8'. 9
+ 17.3
clearings by months
1947
..
Dec. %
-i
i
the
covers
Months—
February1946
+
7.6
eral Reserve Districts in the two
months for four years
58,467,009,698
following compilation
1944';j:
$
+14.2
+
Dec. %
MONTHLY
80,262
-Month of
Por tland--_)_:
New
City
1945
1,832,558,686
27,407,517,371
'2,960,336,613
2,511,264,400
1,310,899,304
1,922,585,171
4,056,823,181
1,345,887,989
1,102,440,845
1,688,839,201
1,306,475,366
2,351,050,616
1946
117,035,961,794
401
88,779
1947
Me.—Bangor^^i—
.
Y.
The
First Federal Reserve
District—Boston-
Fall
N.
•
or
TWO Months
4,318,043,467
60,527,111,537
7,368,434,874
6,334,269,912
3,204,978,642
4,936,913,038
10,198,850,213
3,716,954,681
2,718,437,049
4,532,566,294
3,421,993,639
5,757,408,448
"
16
Cleveland
9th
Inc.
Dec. %
$
detailed statement showing the
figures forveach city for the
Clearings atr—
a
gain of 18.6%, the
14.0% and the Atlanta
49,796,678,743
2,298,281,253
4,775,693,994
1,755,802,171
1,204,524,105
239
163
54,204 49,796 45,401 49,591 117,035 110,122
Out. N.Y.C. 27,163 23,150 21,174
2^290 58,467 49,865
of
23,150,349,683
3,404,911,943
748
u
98,521
all
We
420
.
credit
.
1,971,628,951
27,963,933,582
27,163,515,237
Richmond
6th
•
38*
-
Salt Lake C
Hartford" i
306
its
District
trict 14.2%.
1,494,813,005
—
Philadelphia
637
Memphis /i
Seattle'
.
in
2,978,332,455
15
New York
^
255
345
_
Reserve
Chicago Reserve Dis¬
by 17.7%, in the St. Louis
by 30.5% and in the
Minneapolis Re-V
serve
District by 9.3%.
In the Kansas
City Reserve
District the increase is
22.5%, in the Dallas Reserve
District 22.7% and in the
San Francisco Reserve Dis¬
477
120/
612'
+ 20.8
1946
19
Boston
7th
420
230
Indianapolis
:
184 cities
5th
562
,
and
11
4th
308
Denver
—
7.9
District has to
Richmond
The Cleve-
"
16
!
Francisco
--.k-
2d
'•/ 14K
'
7.6%
"
7
Nf Y.
>
3d
655
155
312
of
"
16
Minneapolis
City
1st
^61*"
619
179
'372'
631.
270
16
Federal Reserve Districts
3,207
429
■
Reserve
an
1947
756
214
;
140
was
'
•1,175
2,956
745
4,152,180,946
improvement
an
"
31
,
1,776
v
785
2,296
9,145,775,477
4,606,460,945
8
,
953
1,192
,
135,607,705
442,114,171
266,126,287
10,452,857,302
17
We append another table
1,627
:828
is
14
Total:
i,256
1,715
1,831
895
63
1
1,339
r
315
*; 69
1'43:
York
,,
-42,294
1,056
1,657
196,749,257
295,168,837
$
11th Dallas
2,125
2,480
;
+
1947
Louis
12th San
,1,480
2,105
j
.1,104
1,909
924
2,697
'
Omaha
1,497
2,811
'
Kansas
1,623
£82
559,029,323
+ 20.8
+ 20.5
of the clearings for
14 cities
Atlanta
St.
9th
5,301
1,138
....
.
L3,994,873
+ 32.3
279,223,602
193,544,355
309,761,163
154,274,832
515,910,709
+ 13.8
$
10th Kansas
3,056
685
745
996
1,462
Pittsburgh-,
Fran-
4,422
1,451
2,544
4,894
1,998
6
+ 20.5
362,442,013
*
Chicago
8th
t
5,611
2,072
+ 26.2
5,052,384,870
'
Philadelphia
v
g i
t
Cleveland
7th
1944
,
$'■'"
53,170-
413,977,074
686,030,052
11,623,820,398
District of 15.0%.
Richmond
45,594
-4,067
1,412
2,831
•;
254,596,919
383,629,984
649,439,700
For that month there
-
60,256
584,228,692
517,955,757
339,753,574
233,282,239
clearings, having been $54,204,774,aggregate $49,796,678,743. In the New
February—
4th
Outside
<g
a summary
District totals, there
■
5th
<•)>
.
$
58,568
1946
Reserve
New
3d
FEBRUARY
Jan. 1 to Feb. 28
1946
1945
1947
.
IN
today
February.
Boston
2d
17,811,394.
17,100;772.
'
3,253
___
Baltimore
$
2,271
Louis
San
1944
2,609
1,647
Philadelphia
St.
1946;
27,041;26;646 24,227 22,301
_
—
Boston
1945
$
New
CITIES
+16.5
13,222,448,084
"
City
-ji
February and the two months ended .with ;*■
February in each of the last four years is shown below.
BANK
+ 35.2
+ 18.4
+ 15.0
-:
365,364,279
5,145,204,266
201,918,972
537,716,519
Federal Reserve Districts
clearings! at leading cities fori the ;:
of
723,002,573
581,547,651
319,234,111
465,550,117
s
401,749,626
6,027,979,665
676,221,390
580,901.029
285,348,984
8.9
+
6,087,619,284!
10
Philadelphia Reserve
1st
No. Shares
38,995,195
32,612,585
6,741,358,829
1944
$
■
1944
No. Shares
1945
X
3.6
—
-
$316,260,300
No. Shares
431,983,748
437,726,357
217,941,925
2.0%, in the Boston Reserve District
■
1,664,600
$205,477,700'
of hank
"
or
Dec. %
Reserve District
16,320,100
$79,286,800 $129,337,000
1947
course
6
Inc.
Reserve District of 19.5%. In the
trict the totals are
larger
Month of
97,500
$
232 and the
-
5,359,400
CLEARINGS
1946
increase for the entire
body of clearing houses of 8.9%,
of
No. Shares
The
"
111 cities
Y.
Districts.
the 1947 aggregate of
1946
The volume of transactions in share
properties on the
New York Stock Exchange for the two
months of 1944
to 1947 is indicated in the
following:
^
"
"
10
We also furnish
$298,275,600
Foreign govtrn't
"
4
the month of
Two Months
1947
$193,048,600
-
"
"
7
Francisco
N.
BANK
977,598,994
688,464,147
367,231,262
542,380,707
865,564,029
409,513,356
308,654,024
"
17
Total
85,602,942
January
February
7
6
10
Louis
12th San
4.4
+
$74,529,900 $122,533,200
Total bonds—
"
Minneapolis
—14.7
47,314,680
U. S. government
bonds
St.
OF
416,263,816
7,341,669,767
"
10
10th Kansas
City
11th Dallas
+10.2
34,092,745
—
12
Chicago
9th
3.1
+
-
2,517,037,826
1946
Bonds—
bonds
summary by Federal Reserve
12 cities
4th Cleveland
2.6
+
$3,350,557,820
1,925,052,700
February—
23,757,877
this
$
5th Richmond
6th Atlanta
+ 15.8
$12,379,2.57,822 $12,792,648,346
1947
at
We group
1947
Philadelphia
$10,732,714,852 $10,275,610,520
Month of
—
a
New York
1946, follow:
Railroad & misc.
y bonds
furnish
we
Boston
144,463,099
-
2,146,542,970
,
increase of 8.6%.
an
Week Ended March 8—
Our usual monthly detailed statement
of transactions
on
the New York Stock
Exchange is appended. The
results for February and the two
months of 1947, and
Description
Outside of this city there
20.5%, the bank clearings
_
Total all cities for week—
Stock, number Of
-'•+ shares
increase of
Federal Reserve Districts
+10.9
_____
day
one
an
SUMMARY
2.8
—
178,332,283
$8,610,358,872
2,122,355,980
Total all cities, five
days_.
of
following
+19.0
—
l;Ten cities, five days
was
$11,623,820,-
week in 1946.
having recorded
190,200,000
273,030,000
200,989,325
159.944,753
—
Other cities, five days
has to be estimated.
cases
statement, however, which
+19.7
;i
Baltimore
not avail¬
we
Cent
$5,536,327,322
Boston
Kansas City
same
In the
Per
15—
Chicago
Philadelphia
cities according to the Federal
Reserve Districts in
which they are located and
from this it appears that in
the New York District
(including this city) the totals
record a gain of
8.9% and in the Philadelphia Reserve
District of
35.2%, but in the Boston Reserve District
the totals register a
loss of 3.6%.
The Cleveland Re¬
serve
District has managed
to enlarge its totals
by
18.4%, the Richmond Reserve District
by 15.0% and
the Cleveland Reserve
District by 16.5%. In the
Chicago
Reserve District the totals
show an expansion of
26.2%^
the St. Louis Reserve
District of 20.5% and the Minne-^
apolis Reserve District of
32.3%. The Kansas City Re¬
serve District has an
improvement in its totals of
20.8%,
the Dallas Reserve
District of 7.9% and the San
Fran¬
cisco Reserve
District of 20.8 %.
■
•
BY
•
Ended
are
the
week.
the week
Accordingly, in the above
For that week there
increase
an
center
CLEARINGS—RETURNS
Week
detailed
next
as
13.8%, the aggregate of clearings for the whole
country
having amounted to $13,222,448,084, against
5
-X-'i
elaborate
ended March 8.
At
„
CLEARINGS
are able to
give the final
complete results for the week previous—the week
and
$12,879,257,822
against $12,792,648,346 for the same week in
1946.
the center there is a loss for
the
present further below
we
corresponding week last
Our
year.
BANK
Complete and exact details for the week covered
by
the
based upon telegraphic advices
from the chief cities of
the country, indicate that for
Mar.
OF
1491
+
2,831,486
15,197,820 /
5,544,824
7.9
6,612,822
-~0~3
15,930"80b
+ 28.3
603.921
1,008,182
3.6
401,749,626
365,364,279
—
416,263,816-
431,983,748v
—
—
'
13,493,000 f
"
1492
THE COMMERCIAL & FINANCIAL
CHRONICLE
Month of
Clearings at—
*>
1947
N.
Federal
Y.—Albany
1947
66,241,841
$
+ 35.1
1946
178,617,086
Week Ended March 8
Inc.
$
XX"
or
8,449,410
123,281,817
■:
22,847,306
19,572,842
+ 16.7
+ 26.0
631.231,714
4,614,169
516,789,284
+ 22.1
•
,+
60,361,816
Rochester...
Syracuse
43,030,597
Utica
'■:.■'/
42,269,466
J.—Montclair
Newark—.-—
:
152,249,125
193,964,739
5,869,961
;
———„.
Oranges——^
14,266,008
58,568,952,096
129,519,306
+ 32.5
92,395.851
+ 19.0
6,535,348
16,848,941
25.0
85,728,345
+
■
2,365,456-
3.6
+
:
1,236,207
?
1,155,058
7.0
+
14,325,031
+
7,867,212
+
11.7
9,283,713'
+15.7
+ 34.2
;.:•+
1.4
'
324,944,816
269,093,692
+ 13.7
13.027,374
2.0
60,527,111,537
676,994
572 732
30,040,973
46,890,150
39,982,917
7,341,669,767
6,741,358,829
+ 10.9
5,846,426,357
13,124,974
11,010,907
7,330,750
6,158,430
'
10,742,914
40,851,186
+ 20.8
373,331,562
977,720
:V.
1,112,813
4,993,594,531
■'
974,169
8.6
57,898.894
V
980,603
4.1
8,735,590
•
4,493,790
1,545,243
1,550,248
14,917,268
413,906,133
10,817,431
31,169,654
54,692,000
1,041,834
9.1
1944
'*:'■'
5.9
6,571,435,528
'+
5,184,172
$
+ 23.5
+ 14.9
78,590,419
1945 V
+ 29.9
+
53,921,283
1,398,583
+11.1
5,163,850
9,625,036
2,102,502
-
7,134,828.800
+ 26.2
14,666,895
5,111,044
V
or
2.8
+ 13.6
+ 19.1
;
Inc.
Dec. Vo
+ 20.3
—
73,187,263
A
12,503,638
2,227,245
66,611,192
+25.2
60,256,336,038
147,169,175
-
11,859,510
1.5
+
127,813,280.
174,591,129
•
9,639,670
+ 12.5
33,814,848
2,450,499
12,065,648
+15.0
;■
32,465,810
7,777,226
—
Conn.—Stamford
Northern N. J
+ 19.6
6,016,572
26,646,329,060
67,935,195
York—
6,919,215
27,041,258,995
-
...
1946
$
+ 44.9
+ 40.2
232,754,782
5,516,639
Jamestown
1947
Dec. </e
11,845,527
Buffalo
N.
or
Dec. %
293,373,017
Binghamton
Elmira
New
Inc.
$
89,473,381
_
Monday, March 17, 194/
-Jan. 1 to Feb. 28-
1946
.
V.v"'''>
$
Reserve District—New York—
-
Second
February-
.
+13.2 -
6,937~945
9,007,318
429,031
383,936
36.0
24,488,934
24,931,103
+ 17.3
38,977,947
34,976,634
6,027,979,665
5,145,204,266
t
,
+ 20.4
—
■
Total
-
Third
(14 cities)
Federal
Pa.—Altoona
27,963,933,582
Reserve
4,403,656
+ 53.7
r
+ 26.0
7,628,508
+ 27.9
13,745,018
+ 29.2
9,664,115
3,122 073
2,552,850
4,203^029
3,335,469
3,253,000,000
2,831,000,000
1—
—_
Philadelphia—
Reading
—
■
'
-
9,727,430
Scranton
.
19,070,445
36,760,580
18,138,233
7,931,742
+ 83.7
.31,292,690
2,098,682
8,842,700
1.7
—
•
-
5.5
+
~+2~7.3
1~924~,535
1/708",313
954,0"CO"000
704,000.666
~+35~5
2,402,257
2,043,303
3.818,055
30,135,263
+ 22.0
,
3,969,671
+ 13.3
2,077*795
22,065.257
+ 14.6
58,654,614
50,439,201
2,960,336,613
+ 15.0
7,368,434,874
+ 75.5
46,105,000
6,367,458,074
569,000,000
1,723,532
3,517,568
2,626,931
+ 16.0
1,791,077 i':
1,908,205
3,558,267
659,000,000
4.0
1,570,591
1.410,759
+ 86.5
1,971,931
1,666,342
+ 17 6
+
,
'
6.6
—
+
11.9
t7,253,953
15,893,866
+
9.4
5,442,590
4,389,805
+ 24.0
+ 15.7
977,598,994
723,002,573
+ 35.2
+
23.1
3,555X00
<
.
3,677,000
676,221,390
584,228,692
17,616,496
+ 37.8
49,946,640
528,353,767
+ 20.9
1,338,182,830
37,855,977
1,104,518,518
5,668,502
+ 21.1
5,034,183
826,493,799
+ 25.6
2,228,615,553
144,947,833
1,831,436,227
+ 21.7
124,051,354
+ 16.8
80,346,300
+ 16.1
201,660.400
252,893,214
164,250,100
196,565 081
+ 22.8
+ 28.7
4,001,133
1,967.557
25,544,200
10,291,229
7,874,713
+ 30.7
22,565,500
+ 13.2
17,782,500
174,455,466
15,755,000
+ 60.4
6,763,695
2,599,247
3,159,863'
2,118;360
2,699,963
:
93,246,900
5,411,986
3,156,303
+ 35.3
+ 31.9
+
12.6
4,312,822
+ 35.4
32,575,253
24,607,747
+ 32.4
+ 22.2
4,039,992.
47,218,866
+ 25.5
10,640.074
+ 34.2
5,883,443
29,929,933
37,637.524
22,747.480
3,141,766
4,002,854
+ 28.6
14,284,457
43,382,626
+ 18.6
113,875.913
87,506,902
249,486,953
*226,186,913
+ 10.3
888,464,147
581,547,651
22,064,353
Toledo
Pa.—Beaver County..
1,943,896
1,632.945
1,160,076
Greensburg
Pittsburgh-
+ 22.8
32,747,818
27,360,066
+ 19.7
14.368,389
+ 14.2
35,407,735
30,087,462
+ 17.7
20,168,411
+
37.8
56,076,737
45,417.298
+ 23.5
12,793,928
,
2,378,481
1,975,123,724
y
29,787,942
+18.6
+ 14.4
+
26,114,696
6,334,269,912
7.0
249,496,958
224,261,183
+14.1
5,432,437,333
+ 16.6
+ 18.4
580,901,029
517,955,757
-
,
.
8,823,956
—_
7,541,554
29,949,000
345,533,408
11,917,806
24,232,476
738,124,590
—,
Frederick.
11,006,701
17,927,130
C.—Washington
16,109,629
+ 16.8
+ 25:4
77,025,000
63,093,000
h
929.457,427
8.3
772,068,264
23,092.828
J
26,965,048
+ 35.2
+
49,779,954
8.3
+ 11.4
1,310,899,304
9,795,000
3,123,121
186,394,491
165,500,542
63,036,602
3,204,978,642
+ 36.7
57,487.846
1,504,391
6,319,003
+ 22.8
83,832,449
2,927,015
0.1
+
7,166.000
102,953,715
-
+
8.8
+ 15.5
472,278.389
522,020,139
+14.0
+22.1
+20.4
5,792,159
+ 10.5
.
-
2,124,153
73.442,177
2,839,460,053
+ 12.9
367,231,262
1,186,889
>
6,124,000
"
66,000,593
6.3
2,233,909
+ 12.6
157,469,817
9.7
44,319,690
37,271,237
+15.0
285,348,984
254,596,919
—
+ 25.7
1,447,433.349
6,688,402
2,124,439
+ 16.8
39,592,435
1,574.222,870
i
+ 17.1
214,598,191
1,494,813,005
18,819.802
+ 25.0
+
2,776.789.
239,049,318
(8 cities).
+17.0
681,566,531
3,250,969
—
■■
-
431,864.890
i.——
C.—Charleston
Columbia
Reserve
2,721,378
2,114,331,642
+ 12.9
1
2,511,264,400
37,549,000
Federal
3.0
9.7
District—Richmond—
Va.—Huntington
Md.—Baltimore
+
+
11,335,257
2,978,332,455
Va.—Norfolk
.Richmond
+ 47.0
+ 29.0
27,787,286
(17 cities).
Reserve
3,207.596
15,089,378
;
Ky.—Lexington—
W. Va.—Wheeling-
Federal
4,136,343
31.6
16,406,964
-
City..—
+ 19.0
+
1,126,244
908,359,846
12,290,888
996,895.071
Erie
3,970,177
94.695,600
+ 30.1
"t 15,427,537
Youngstown
Newark.^—
3,975,911
101,985,789
202,900,761
+ 56.8
11,392,742
18,057,926
51,460,549
Mansfield.
Total
1,304.949
24,278.674
Lorain
Total
/'
+ 20.9
9,471,815
52,408,512
—12.4
•
2,358,087
;
9.7
+ 18.5
17,830,637
2,537,559
1,069.664
4,032,111
893,943
16,010,373
'V-;•.
25,657,000
Hamilton
+
319,234,111
; /
2,386,255
'
141,021,940
District—Atlanta—
>Tenn.—Knoxville—C.—
r__
63,148,758
,
53,504,085
+18.0
134,499,255
225,451,999
+ 20.8
+ 20.5
13,491,219
489,262,028
12,238.112
+ 10.2
395,165,571
+ 23.8
1,716,600.000
1,430,300.000
+ 21.0
+ 20.0
194,400.000
31,699,122
47,829,079
169,100,000
9,309,370
+ 19.1
57,873,788
11,351,236
663,300,000
12,199,313
+ 22.7
11,680,475
+ 22.5
29,226.426
3,114,482
41,309,320
135,300,000>
+ 29.0
2,616,081
2,334,271
12,348.000
25,826,123
23,344,010
37+18,731
158,700.000
14,305,433
Augusta.-..
111,357,249
187,167,203
792,600,000
Nashville
Ga.—Atlanta
■
22,599,801 "
18.3
A
688,312
1,252,138
857,512
3,002,907
+ 15.5
+ 11.8
+
781,203
1,319,418
+ 33.6
638,580,794
1,038,344,303
L.
Columbus
Sixth
6,092,000,000
,
+ 46.5
—19.2
Reserve District—Cleveland-
Cincinnati
D.
+ 11.7
+
3,404,911,943
(16 cities).
Cleveland
fi.
7,035,000.000'
806,105
831,455
.
+ 28.2
25,290.829
Ohio—Canton
W.
+ 14.9
7,046,718
••
22,469,669
_
Federal
8.9
+
1.056,481
853,882
+ 21.1
6,051,894
9,034,045
7,658,885
4,254,793
,
/
J.—Trenton
Fifth
>
X/
1,181,042
1,110,583 '
+ 24.8
20,136,709
6,639,172
+26.0
49.5
28.2
+ 41.4
30,313,770
»
24,375,749
+ 22.3
.
8,709,993-
1,051,365 •>
...
:—
Del.—Wilmington
Oil
*
+
+
14,443,103
14,570,678
Du Bois.^
Fourth
37,820,252
+ 27.2
-
,
•
6,602,330
6,225,894
8,560,038
•Haaleton
2.2
—
5,950,032
-
17,088,925
Wilkes-Barre
York
Total
61,891,869,901
8,804.425
12,291,101
Lebanon—
Norristown
'
9,867,345
2,691,033
2,915,986
17,757,289
Lancaster
-
2,864,387
3,391,001
Harrisburg..
;
+
3,730,067
Chester
•
.A
District—Philadelphia—
...
Bethlehem
N.
27,407,517,371
9,978-,277
+ 23.8
24,969,080
19,442,010
+ 28.4
2,914" 744
662,778,449
2+98+79
568,754.736
"+32.6
+ 16.5
77,040,670
1,907" 722
2,~o"l~0~335
57,760,334
46.829.67S
.:
14,251,623
Columbus-
Maconr—
—
.
....
Fla.—Jacksonville—
Tampa
c
v
—
312,339,509
-
+ 16.8
260,710,142
I 22,140,385
+ 19.8
+
+ 15.0
-
4,018,301
23.2
17,675,138
+ 25.3
50,247.687
68,021,303
+13.3
312,289,847
252,404.608
684,501,894
36,809,082
542,371,485
+ 36.5
+ 23.7
24,687,847
12,305,686
+ 26.3
19,491,643
+ 26.7
78 "992" 566
64.234" 984
50,541,899
40,220.589
"+_23~.0
+ 25.7
52~3~24~422
9.488,998
+ 29.7
6,480,765
+ 40.4
20,077,727
+ 32.9
5,051,008
137501,000
+15.4
'■Jackson..—34,468,958
26,677,719
32,026,000
4.615,735
15,576,000
28,203,000
+ 13.6
23,517,047
+ 46.6
64,478,916
49,734,746
+ 29.6
8,513.395
+ 29.1
290,951
86,856,589
88,054,23+
383,629,98+
-
Ala.—Birmingham
Mobile.!——
!
Montgomery
•
,
"'
.i__
;
:
•
—
Miss.—Hattiesburg.;..
——.
Meridian—
5,532,657
Vicksburg—
La.—New
Total
_' ;
1
(16 cities)—
Seventh Federal Reserve
:
2,807.628
+ 15.7
443.795
33.9+09
+ 30.9
828,019,901
+ 11.7
106,724,859
93,859,134
+ 13.7
4,936,913,038
4,130,947,252
+ 19.5
542,330.707
465.55C+17
+ 16.5
899.793
+ 61.4
554,502
3,280,934
+ 83.4
+ 19.0
+ 22.0
28,640,422
27,189,184
+ 22.7
72,272,549
Rapids.—L—
33,352,528
.
<V-'
——=
'
-
Terre
.
Wayne....
Milwaukee!-..—^!!———_—2+r
Oshkosh^.!——1^—...
^
'
•
Peoria..——:
±2;—_
Sterling—i„—_—_—
•
'
Total
(31 cities)
-7.
«
Springfield:
,
+ 50.8
+14.7
31,178,368 !"<
+
;
.
15,801,955 ;
11,585,870
'
——-
+ 19.7
Louis.
-4,775,693,994
958,920,509
-
+
Total
(7 cities)
+ 32.1
33,2427328
+
"
"
-
32,031~282:
952,356
9.5
+
'
V
1,211,279
-
+ 36.0
■
2,020,958
4,540,123
29.670,842
16,972,380 ;
79,515,844
+ 32.7
-
-
2,656,004
9,045,262.
+ 29.3
+ 28.4
656,244,066
+ 14.7
3,061,255
+ 24.5
10,266,426
+ 26.6
4.150,173
+ 35.9
3,134,586
.
5,611,420,781-.
82,370,734
'
4,894,357,505
;
-19,236,727
65,040,198
34,089*736
+ 22.6
-
25.092.347
--23.949,464
-
'
+ 21.9 '
'
+ 26.9 •/
^
+ 25.7
25,168,091
19,465,810
-
3,166,946:
21.674,233
10,845,366
+ 43.4
•
-
v*
27610.756
+36.9
14,784,301
7,561,479
;!: V+56.5
+ 34.4
2,985,314
2,263,466
:
2.151,161
16,104,271
8.121,067
+ 17.7
10,198,850,213
-'8,700,482,256
".+17.2
530.825,950-
-
+ 25.3
'
-
2.081,547" '.■■:'.
+*
-
-
-
7,130,106
i
r
-"
+23.6
+47.1"
~
+44.0
3,001,036-A-
+ 38.3
2,483,697
+ 28.2
+
579,187
-
•-
611,748
485,798,564
ifj
438.804,981
-.'1,725,751' i, 2,126,172:
7,721,701
.5,774.169*
2,276,532 "5 i*''. ►! -2,001,665»
2,105,581
1,895,265
+ 31.9
4,056,823,181
970,532
-
-
+ 29.3
1,062,812
745.328,933
+
"6,813.621
+ 23.3
>'
985+53
28.7
,
:v
2,031,123,284
,18,143,337 ■''-.
V.
'•.
v'*
■'•![ 1
,
•
+25.1
14,637.877
2,803,935
•2.112,660
928,311,796
T+42.4
719,866,981
+ 30.7
2,470,120
509,424,435
1,737,872
+ 42.4
14.235,228
3,716,954,681
2,907,094,438
'
+ 26.2
613,994,873
194,200,000
+ 19.4
169,000,000
559,029,325
231,800,000
158,500,000
+32.7;
9,913,952
■1,345,887,989
686,030,052
+24.0
.
745,604,077
791,340
4,665,568
'
865,564,029
^
1,623,663.565
-
.
"
+ 44.8
240,288,744
1/755,8024*71
-;
1,215,907
7,042,303
•
+ 20.6
.7.355,309
9,510,799
-
1,034,080
—
-+41,039^289. i'y.
+ 18.1
+ 29.9
342,276,499
"3+
^
+
/
8.8
+ 38.S
347,014,330
6,641,563
;
+ 32.0
v~-3,202,045
'
+
9,216,043
:
€4,198,604".
169,219,794
S
105,521.288
+14.9 '
31,533+38
12+51,132
•
23.5
4,596,546
219,873,559
+ 38.1
8,656,520
!
-
+ 23.2
3,369,585
3,369+75
2,271+85.599
3,350,724
11,400.920
V
.
22,443,828
29,625.754"
+ 16.8
-.
....
+
.
•
6,381.949
+ 28.2
41,568,117
+
12,176.339
2,386,685
39.8
+ 28.9
76.233.579
+
4,751,486
11,699,489
:
34,019,000.'
,
+ 22.2
r
•
10.655,316
+
+ 15.2
5,758,820
46,515,000
>
-
+ 18.3
2+72.037
+ 37.8
437,100,493
Tenn.—Memphis.
111.—Jacksonville
111.—Jacksonville.
Quincy..
™
8,401,860
1,427+62
Ky.—Louisville.
3.604,970
7,605,417
V
+ 16.5
372,786,017
7,035.484
13,244,665
1,427,933
'<•
3,842,692
10,281,708
429,592,221
+ 20.0
5,633.546
Eighth Federal Reserve District—St. Louis—
Cape Girardeau.
Independence.
2.6
31,113.003
89,245,392
25,250.565
-
•
Mo.—St.
+.41.8
42,873,768-
2,743+38
+0,615,901
38.424,736
>
25,~86~3~00(>
+ 31.8
+ 30.1
+4,525,148
+ 35.1
53,428,853
.
104,007,387..-
+ 24.7
173,^20,339
4,582,218
4,654,276
2.609.213,347
—/ 3 ■+ 7'
Rockford——
.
2,716,651
2870377665
30,403,608
41,831,961
11,990+67
■
•
1,127,087
:
--Decatur-—
2,812,370
36.7
+ 19.4
303,435.892
,
14,380.809
~
—>:r
,3,238,431
41,087,999
-
;
48,543,848
+
4,424,838
+ 39.7
10,996.570
70,401,595
Ames—...—491,991Bloomington
'Chicago
/
•394,789.559
97,768,117
HI.—^
4,604,225
4,316,132
+ 30.0
+ 29.0
3,035,909
13,735,524
v
5,744,289
+.11.8
+ 19.5
+ 16.3
+ 39.0
1
-
+ 45.0
3,730,379
,
-
+ 25.1
15,276,900
9,208,584
3,290,583
Des Moines._____i.__i
Sioux City—
6,172,103
4,169,111
9,850,061
38,886.613
17,767,584
+ 47.9
207,392,989
-
Iowa—Cedar: Rapids.——'
8.947,697
11,774.753
-
14+21+91
Sheboygan—6+70,700
'Watertown—..
+ 23.6
48,648,193
+ 31+
22,646,592
47,968,830
568,430
58.472,473
+11.7
142,364+89
V+'. 14,948,963'.
1,451,726
+ 17.5
+ 34.5
+ 13.8
33,492,354
21,692,985
vXXX'
-^2.
+ 54.9
3,944,911
19,623,586
Hautei—
7,295,066
21.298,247
7,361,223
183,660,915
;
<>.
-
„—
Wis,—Madisonj._i^_'ii_j_i__:
'
259,993
2,296,289,184
-
4,232,035
19,990,792
22,336,259
8,374,940
+/ 5+27,529
/
y_.
7
5,559,202
-
...
Gary
Indianapolis
~
—
11,298,556
2,697,709,079
10,987.459
South • .Bend.ii;!+!
*
+ 19.5
1,076,967,123
Ind.—Ft.
4,318,317
413,977,074
1,922,585,171
6,016+59
1,281,270,419
•
Lansing.!—:—
Muskegon:.
Bay City—
i
;
3,248,103
924,762,516
53+04+5+
'
District—Chicago—-
Arbor..I—
-Jackson.-
V
+ 19.1
+ 14.4
Fllnt.^..^—13,406,341
Grand
"
10,993.944
1,321.125
380,502,040
2,298,281,253
Detroit
-
+ 33.5
1,573,976
435,260,575
■ *.
Orleans.:
Mich.—Ami
4,144,077
•
+ 26.0
+ 24.5'
99,509,772
+41.3
.
76,131,098
81,717,367
62,478,019
+ 21.9
2^072,486
17358,188
"+"52.6
+ 21.8
+ 42.1
+ 43.6
7'7—7X71
66,728,619
42,235,314
64,764,512:
41,635,775.
"
I72"2*6;000
1,259,669
'
•
+30.5
--
-
+ 27.9
7-:^ 7409,513,356-
I'-fZ :339,753, S7420.57
f-j-S 279,225,^02-
£
£ 266,126,287
i
A
V bltfrheKX65*2
THE COMMERCIAL* &
7 7$
;v,
FINANCIAL CHRONICLE
Ended March 8
Month of February
Clearings at—
1946
•
...
•
-Jan. 1 to Feb. 281946 ' *
-
Inc. or
'
•
$
Dec. Vo
Dec. Vo
v*"i
1946
,1947
Inc. 6r
,
Minneapolis
Rochester
St.
/v';,+
787,554
Grand Forks
596,422
+ 32.0
16,554,213
2,279.000
2,117,571
7,043,565
19,668,278
1,859,007
33.4
49,713,551
+ 22.0
6,570,000
6,820,676
5.468,000
Mlnot
4,976,936
25,547,306
+
+
31.6
+ 28.8
5,395,376
+17.8
23,310,788
8,562,375
29,155,699
850,424
6,288,160
+
36.2
20,211,714
22,901,438
621,796
+
27.3
65,900,922
36.8
1,894,491
1,204,524,105
(16 cities)——
1,102,440,845
+
9.3
2,718,437,049
•
—
+ 46.8
3,447,513
.Omaha
24,100,451
413,382,711
'-<
.
:—
:•
Wichita_i.„J—__1_———.—V
Kansas City—-t'.
-
1
;
895,766,051
4,227,659
+15,5
2,620,847
—
*•»---
(15 titles)
I
/
x'
"
-
0.6
+ 20.8
2,772,058
31229,862
I 2/052/77^
ll3~3*U75
1,"140,540
8.2
0.8
23.4
31,419,771
1,026,152
+
37.7
+
16.5
61,470.135
:
+
+
+ 33.1
+
6,521.301:
285,049,526
+
5,202.929
Dallas:
27339,627
l,44T,7i3
1~297,832
7,T85"926
5,278"l99
4,597~681
308,654,024
233,282,239
193,544,355
196,749,257
547,602
283;414
+
448,534
+ 57.6
.
-
+ 43.8
+
23.3
+
11,078,543
755,372,050
;•
19.9
26.7
+
1+20.4 J !
90.2
+
2.941,523
+ 35.5
39.8
14.6
+
+
+
28.9
0.4
+
21.8
3,634,981,796
+
50,602,366
42,340,120
+
24,906,358
17.617,619
+
6,192,099
41.4
+
1,4157634
362,442,013
5,979,543
+
Wichita
;<+'/
21.0
162,7T9,0b6
•
;
>
-
Total
5.7
Federal
148,049,121
+
23.9
25.1
18.6
4,948,000
4,637,000
+
+
20.6
+
18.0
+ 19.9
38,248',000
32,258,000
+ 23.9
1,290,597,130
1,070,056,191
+
15.8
9,774,528
7,856,199
+
3.4
17,830,009
2,783.075
+ 34.9
23,695,995
+13.4
7,734,593
61,889,515
8,282.226
18,525,809
6,348,962
54,889,106
1,603,616,153
1,306,475,366
—
Portland—.;
Salt Lake City
Long Beach!
24.126,412
+
+
+ 23.6
790,362,563
17,925,933
17,798,329
+
Jcse——
+ 28.7
359,874,869
22.4
115,457,049
281,263.578
88,503,647
52,'958,037
25,183.891
46,831,161
31,550.550
72,715,423
22.743,497
127,825.698
42,298.217
+
••
+
10,988.379
14,150.646 +':
35.002.-484
126.3
*
+ 44.6
76,124,127
29,737,941
5.6
—
+
23.9
+
13.9
64,957,870
154,274,832
+ 21.5
+ 26.3
77,245,62.4
2,526,128
687499,113
"+~28.2
ei/iv+plo
417686,014
3279377154
"+24.7
271884,705
8,157,056
"+T7.8
10l522,107
9,469,326
5,¥71! 104
4,0627828
307,855,000
7,546,881
249,090,000
4.2
8.8
3,106,244
2,285,685
4,318,622
+
3.7
18,376,607
1,333,016.161
+
9.7
3,091.658,891
32.462,847
+
22.5
87,840.843
13,87'0,401
•'
t
27,967,524
11,373.770
+
+
16.3
2,351,050.616
+
54,204,774,232
(184 cities)
+
49,796,678,743
+
27,163,515,237
tNot included in
+
77873,571
7,"14+617
3li:046a000
9,880,204
3.221,333
--
8.112,926
—
+
3,504,887
7,404,539
19.1
+
110,122,331,135
13,222,448,084
+17.3
49,865,995,097
requirements of Section 522 of the Tariff Act of 1930, the
CERTIFIED
BY
Official
.297733s"
,251247 s*
/
.251247*
$
.297733*
.251247*
.251247*
.251247*
$•
3.209120
3.209120
3.209120
3.209120
.022820
.022809
.022807
.022826
.022829
.022815
.054404
.054404
.054404
.054404
American
.054404
Boston
1.000000
1.000000
l.OQOOOO
1.000000
1.000000
1.000000
.950234
Colombia, peso—
Czechoslovakia, koruna.*..^*...
,950859
.950625
7950000
.948437
.569800*
,:;7 Free—
.946328
.569800*
.569800*
.569800*
.569800*
.569800*;
.020060
.020060
.020060
.020060
.208658
4.027343
4.027343
.208658
4.027343
4.027343
.008408
*.;008408
.008408
v
.208658
-
.008408
i0084Q8.
.008408
.301529
.301529
.301529
,301517
.301504
.205735
,205735
.205735
.205735
.205735
.205735
.377893
.377893
.377893
-.377893
.377893
.377893
.301529
,
kftexicai nesoj.!----/.-----—-—.---.----,--——
>|^illwlandisiguilder~,--!+--------.-----.
;/V;:
*
:
-
.947916
3.222000
i-■wadta,Jcrona
1.0000QO
,1.000000
1.000000
1.000000
.948125
.947500
.945833
943541
3.222000
3.222000
3.222000
.201612
.201612
.201612
.040379
.040379
.091324
.091324
.278221
.278221
3 222000
;
.201612
——
1
1.000000
.948333
1.-000000.
FOytival/ eseuda——
:
-3.222000
.201612
.201612
.040379
.040501
.040501
.091324
.001324
.278221
.278221
1
?
I
■'
.278221
-.278221 :
.
.040379
.091324
.091324
-
•
/Switzerland,! r anc
Union of South Africa* pound^;...^^...^.....^
Uruguay,
,
;
.233629
V
.233629
.
.233629 :
;
.233629
.233.629
.
.
233629.
4.007500
4.007500
4.007500
4.007500
pesor-4vi^
/
4.007500
; *
4.007500
&
debentures due 1949
preferred stock
convertiole
& Co., 5}6%
Lippincott
131ft
*
934
*
..Mar 25
Mar
Apr
Mar
Mar
685
24
11 "
25
31
*
1318
*
Witherbee Sherman Corp.—
1st
6%-
mortgage
income
($'rvT*'.*«f+'
.358300*
.658300*
.658300*
.658300*
.658300*
.658300*
.562620 s1
.562620*
.-•^562620*
.562620*
.562620s"
.562620*
bonds due
*
1963—Mar 20
PARTIAL REDEMPTION
& Felt
American Tobacco
P»g»
131ft
Date
Company and Issue—
American Hair
Co.,
Co., 3 %
1st preferred stockApr
debentures, due 1962——LApr
1
15
" : *
Birmingham Electrip Co., 1st mtge; 3s, due 1974—--,-Apr +1
Cleveland ,Union- Terminals Co.—
'
'
; 1st mortgage 5 Vis, series A—
Apr 1
1st mortgage 5s, series B
Apr 1
/ 1st mortgage 4y2S, series C^_
Apr 1
Dominican Fal hers, Province of St. Joseph, Ferrer, and
the Literary Society of SL Vincent,
1st ref. mtge.
;• serial. bonds
dated , 1943
Apr l
Firestone Tire 8: Rubber Co., 4'/2% preferred stock____Mar 17
.
" *
131F
-
Mi
7A
7A
v
convertible preferred stock.Apr
Harris-SejrboldrPotter Co., 3% Vo debentures, due I960—Apr
Helvetia Coal Mining Co., 1st mtge. 5o, due 1958-:
,Apr
Hygrade Food Products Corp.—
1st & ref. mtge. conv. 6s, ser. A and B, due 1949
Apr
Indiana Gas & Water Co.. Inc., 1st mtge. 3V8S, due 1970_Apr
Maremont»Automotive Products, Inc.—.
Gcldblatt Bros.,
Inc., $2.50
4%
debentures,
due
-
*
197ft
1190
1191
1316
1
1
98S
1310
1
May 7
preferred stock
1317
131T
*
dated 1942—Apr .1
preference stock, series A__.-_Mar 25
Co., 1st mtge. 27/8S, due 1961
Apr 1
Mercy Hospital, 1st-ref.
Monsanto Chemical Co.,
Oklahoma Natural Gas
1
1
1
—Apr
1960
Mengel Co.,. convertible .1st
Noncontrolled—..
Paga
Mar 15
31
11
& Gravel Co.—
'
Controlled——.
•Nominal Tata.
1%.
Co., 3VzVo bonds, dated 1937
Monon Coal Co,, 1st mtge. 5s, due
1955
Vandalia
RR., Consolidated
mortgage bonds
4.027343
.
.208658
—
Sand
(Walter E.)
.208658
...020060
4.027343
Denmarfc,krone—
Bagtend; pound sterling—
-Date
pfd. stock
.020060
.208658
OF TENDER
$2 convertible
Corp.,
Sugar Estates,
5-year
Leeds
Canada, dollar—
General
20-year 6 '/> income debentures—Mar
Aroostook Valley RR., 1st and tef. mtge. 4V2S, due l96l_Apr
Antilla
Heller
Official—
number gives the location In
in the "Chronicle."
Company and Issue—•
.
3.209120
.054404
Australia, pound
list of corporate bonds, notes,
common
NOTICES
$
.297733*
.251247*,
•
and
Mar. 13
Mar. 12
Mar. 11
.297733*
:
/
which the details were given
3.209120
Belgian, franc
Brazil, cruzeiro
Below will be found a
ing tenders, and the page
York
>-
.297733*
Free——.
■.
4,152,180,946
stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
.297733*
$
%
'
k
Mar. 10
Mar. 8
Mar. 7
'tAIBirteiaidlihd^dbHar^V^
4,606,460,945
Notices
countries of the
ACT OF 1930
TREASURY UNDER TARIFF
TO
13, 1947, INCLUSIVE
Buying Rate lor Cable Transfers In New
Value in United States Money
Noon
Argentina, peso—
BANK
RESERVE
FEDERAL
Country and Monetary Unit
i;Fttm«af(M«tw)polltan)|i»pc,--?.--r.---^
9.145,775,477
+ 20.5
Federal Reserve Bank is now cer¬
transfers in the different
preferred
"MARCH 7, 1947 TO MARCH
,a
442,114.171
10,452,887,202
Redemption Galls and Sinking Fund
"
We give below a record for the week just passed:
RATES
4,935.886
515,910,709
+13.8
5,052,384,870
8.7
totals.
tifying daily to the Secretary of the Treasury the buying rate for cable
EXCHANGE
5,159,928
+ 20.8
11,623,820,398
6,087,619,284
6.3
+
537,716,519
649,439,700
15.0
i
"+"20.5
9,467,302
30.6
+ 23.3
+
.
3837162,000
7.4
+10.0
+
y
"+10.2
15.0
+
Foreign Exchange Rates
Pursuant to the
9,611,074
'
5,007,140,759
58,467,009,698
+ 17.3
23,150,349,683
4.7
+ 31.0
51,510,444
117,035,961,794
8.9
48.4
+
25.142,974
5,757,408,448
14.2
110.3
+
2,811.659,550
67,256,028
30,993,058
61,371,244
22.0
24,038,337
*
2,683,838,107
(19 cities)
+ 27.9
17,109.992
39,763.935
■^Estimated.
■
+
.
+ 30.5
56,471.599
8.507,694
—
New York
&
1,391,€58
1,76+328
87,844,720
0.7
10,895.412
26.459.653
Stockton
;
1
3,457,787
23.9
4.4
—
1>462,940,®o?
Santa Barbara
;:
(1
7.9
48.4
+
8,819,539
% San Francisco
,,
w
27.6
9.079.000
638,127.034
30,149,749
—
FOREIGN
0I9
+13.6
201,918,972
9.7
30,791,102
7,537,308
l3.494,30o
Pasadena
Riverside
world.
--*i m*
15,131,612
3,553,000
5~364ls68
16.7
13,477,000
293,418.677
33,033.324
Modesto
»
\/
135,607,705
13.4
+
27.984.714
53.1
24,864,218
'
+
+
8,418,481
730,495.616
30,703,624
+
20'457'?i?
1:
—
9,826,736
828,089,793
7.9
+ 29.3
4,322,000
51,764,770
Calif.—Bakersfield—
Berkeley
17.4
+
+
v
164,454'™!
——
t;
Outside
"
51065,773
217,941,925
20.9
+
10,853.946
6,615,000
362,632,227
7,208,201
-
Ariz.—Phoenix
Grand Total
'57572,884
'■<
787260,329
12.8
+
—"
2,*646^789
77464,591
21.8
+
2,830,180,371
2,023,003
3.8
—
12.733,221
14-032,1™
—-
Utah—Ogden
+:;;
3,421,993,639
22.7
+ 12.4
4,091.919
341.074.247
-
383,218,062
13,737,374
—
(Ore.—Eugene
Total
+
i
Francisco—
i
Ida.—Boise
:
124,466,006
,
5.4
+
4,130,747
-
Yakima..—
*
3,294,11.9
/
v
27.6
+
24,712~232
+
140,907,191
19^3637756
176,306,378
-15,071.000
District—San
Reserve
Seattle
San
172^002,000
1,596,055,641
Wash.—Bellingham..—4,805,279
%?x
"92V,221
v.
■
t
1,241,808
.
■
22.9
+
3,754,958
;—
V"
+ 2i.l
488,202,245
—-———-
(11 cities).
Twelfth
1,"142,928
•
+ 20.8
+ 20.2
•
4,782,270
8,125,353
1
L
Texarkana—
185^785,362
g 7,194,133
9.7
+
55,412,590
18,072,000
"
.
La.—Shreveport——
,
+
26,867,305
—
Falls
•6,724,415
203,44+699
,.
3.6
+
19.5
32.4
1,552,505
437,726,357
2417
4,532,566,294
1,507,444'
2,731,178
C,503,454
7,812,272
.
"+T2l7
1,698,865
•
14.9
+
3,2831881
,
.
"+~20*.l t:
+ 24.4
124,768,152
14,110,949
619,765,260
11,122.516
17.8
+
+ 18.0
604,760,499
—-—.
Arthur.
v
47.2
+
fab,224,090
,
80,213,341
-
Galveston.—t'"
Port
280,210
4,432,133
81,419,546
4,470,95+
85,435,035
1,319,497,699
119,457,448
614.824.139
66,618,938
;
Houston..—i
319,678
9
21.2
+
101,341,971
209.482
132,802
93.2
+ 24
5.928,318
7,404,207
122,787,966
+ 3CK2
+ 20.4
19,904,499 1
8.370,187
23,970,896
1
;
—
Worthi_>
__r».
.'*V":A"'J; '7:
EI
Ft.
'
-
7 6I333I342
Eleventh Federal Reserve District—Dallas—
Texas—Austin——_—1—
Beaumont—J
VN
mm'mm — —
706,736
15.7
+
22.5
+
1,688,839,201
"
V*
+42.6
;
+
12,784,997
■
5,366,725
v
•'
215821956
25.9
+ 31.4
71,341,100
10,897,713
1,909,397,706
755,159,866
+19.3
866,584,248
.2,069,398,513
g
3,"520"946
66,456,392
56,132,016
90,412,081
12,858,132
2,374,727,474
92,934,344
3,372,363.
160,863,642
14,171,471
65.0
+
i
33,249.281 :fi.
6,558,130
344,414,952
5,627,057
Denver—
•
17,972.839
.
8l,801'??5
-
Colo.—Colorado Springs—.;
Total
+ 45.3
950,978
1,225,815
+—
4,317,924
+
40,781/702
726,426,128
2,871,395
2,185,082
29,518,746
53,087,838
+
352,089,775
39,663,483
:
5,412,347
-1,069,517,777
43,278,903
?
——-—.
St/Joseph—'
Pueblo
24~I
+ 17.4
19,422~434
>
1,356,292
29,648,955
Carthage—
Okla'.—Tulsa—
47,954,009
'
1,098,324
-
Mo.~-Jopiin-_^i-_i_—^
.
9.4
1,970,189
;
Parsons
■■■■'•"■Tbpeka—
»;
1,156,815
1,698,191
EKans.—Manhattan
'
53.0
+
--------
!_
.51263,753
20.2
37.0
+ 50.0
+ 34.1
2,397,432
.
+
City
.
Hastings
Lincoln
34.1
2;350,521,359
Tenth Federal Reserve District—Kansas
.Neb.—Fremont
48,071,197
+ 38.9
+
1,398,250
10.255.189
——
4614*53*,942
5312*24,928
""——II
50,136,816
+
2,395,219
;
Total
+ 40.4
8.708,982
21,523,521
Lewistown__,
+
17,035.658
35,761.536
4,088,891
17,710,567
16.059.793
10.773.188
Helena
*
3,676.817
135,193,124
32.0
2,973,057
-
Mont.—Billings
'ct Great Falls
3,740,946
131,771,434
+
2,781,000
Sioux Falls
4,998,648
+
'
6. D.—Aberdeen———.
r
717773,193
31.0
22,080,183
3,189,833
Huron
25.7
35.1
+
7,119,121
1,728,762
Fergus Falls—
D.—Fargo_—
v
*
212,859,119
+
,
8.1
+
6,481,053
453,473,473
5,434,192
1,289,368
35.792.792
16.0
+ 20.3
,
"A
,160,1^7,000
5,759,215.
+
+
1,657,532.664
2,652,561
"Winona
N.
26.1
+ 33.6
1
37,881,361
1,791,670,888
8,145,461
612,423,384
0.5
+
3,101.528 y:
208,815,738
278,982,208
—
+
"43,930,600
r;
18.0
+
17,396.984
781,835,602
3,909,776
\
.
Paul
a
20,533,848
785,771,031
-
Dec. Vo
$'
!
V'.V-', •K
Districts-Minneapolis-
Ninth Federal Reserve
Minn.—Duluth
Inc. or
;
•
mtge. serial bds,
Oregon-Washington RR. & Navigation Co.—
Refunding mortgage 3s, series A, due 1960—u.!Apr+
Roberts & Oake, Inc., 1st mtge. 6% ; bds., due U1954-—May
.
w
l
1
'.u-;
1318
94J1
*/
1673
.r.
>.
*
1494
THE
Company and
Issue—
Date
//!/> "■
Royal Crown Bottling Co., of Louisville, Ky., pfd. stock_Apr
1
St. Joseph Ligiit to Power Co.,, 1st mtge. 25/as, due 1976_Apr
1
Page
1st
pipe
mortgage
line
due
1966—____Apr
1
1
Apr
8
1238
1
♦
Company and Issue—
Atitibi
ISSUE
1
1324
Cleveland
CALLED
Date
j
Power & Paper Co., Ltd., 1st mtge, 5s, due
Co. of America. 6% preferred stock
1965-Apr.
Aluminum
1
1061
Mat 24
1311
Inc.,
6'/2% debentures,
Co., 6% preferred
due 1962
stock.™
1311
1068
680
1188
member banks.
1315
A summary of the assets and liabilities
of
member banks follows:
^
/63A
New
Co.— .V
Power
debenture
York
bonds,
Edison
series A,
due 3022
-'4;
Sep
Co.yInc.-r-
'
......
,1 '
12960
1
mtge. 3 'A % bonds, series E, due 1966-Apr
1
Northern New York Utilities, Inc.—
,4:j■///.■'; V."/.(
-,1st lien & ref. 6% bonds, series B, due 1947
Anytime
l^rthwestem Public Service Go.'i-V
V*
:
'
>7 % cumulative preferred stock
Mar 20
Ohio
La Salle
6%*
debenture
bonds, series A, due 2022—
May
Wisconsin Hydro Electric Co., 1st
mtge. 5s, due 1947—Apr
,,
-
•Announcement in this issue, tin Vol. 161. Sin Vol.
brokers
agricultural
10,802
and
dealers
for
U. S.
bonds
Other
727
Cash
Mar.
1947
$
Bold certificates
Redemption
18,369,928
fund
for
F.
Total
ctf.
gold
reserves....
329,000
loans
...
—
:
-
237,234
1,041
—
444,300-
—
Total U. S. Govt, securities
1,819
+
—213,000
1,941,445
+ V 34,704
-
928,400
193,502
—
+
5,489
+
854,247
4
3,730
+
>380,435
107,733
—
2,410,540
+
assets
~n5
■
134,223
29,582
—
4
32,232'
y-
4
45,575,438
+
£612
—
24,303,396
132,941
8,538
1,598,9*2
+
34,373
+
+
82,681
22,116
+
127,786
—
231,972
648,194
—
+
.927,833
64,455
+
181,760
+
1,073,466
American
206,526
American
'
gold
to
certificate
deposit
and
liability
purchased
for
to
4
1,061
Arkansas
+1,513,025
45
on
foreign
45,575,438
1,203
4
941
4132,941
/
(accum.)~
4
6
Fuel
Oil,
6%
Power
to
Finance
Co.,
1.2%
'•
4
8,206
4
conv.
(N.
9,212
pfd.
Securities
15c
57
6,461
5-15
4-1.
4-1
\4-l-
<
3-10
4^
1
1
pfd.
4-
1
i—
New
(quar.)
4-1
(quar.)
(quar.)
quar.)_
4-1
3-31
15c
The condition
statement of weekly
reporting member
banks of the Federal
Reserve System in 101
leading
Cities shows the
following principal changes for the week
ended March 5:4 A
decrease of $216,000,000 in
"3-17
;:3r20
50c
increases
loans;
of
$511,000,000 in holdings of United States
obligations, $409,000,000 in deposits cred¬
banks, and $130,000,000 in United States
Government
deposits; : and a decrease of $149,000,000
in
borrowings.
$1.30
Government
Bronx
.
industrial,
creased
all
purchasing
or
ment securities
declined
York
agricultural
$61,000,000 in New York
City and
reporting member banks. Loans to
dealers for
+
and
City.
'
loans
in¬
$90,000,000
brokers and
carrying United States Govern¬
$316,000,000, principally in
New
■*J
*
Butler
5%- non-cum.
Linen
preferred
Mills,
B
'■
.
preferred
2nd
'
"
-
*
,
preferred
California
5%
preferred
Camp
Mfg.
Class
B
Canada
Carey
5%
Western
(Philip)
preferred
Power
preferred
A
Ltd.,
1
(irreg.)
5-15
4-30
12%c
Co.,
pfd.
(accum.)
(initial)
Ltd.—
3-21
(N.
>
Insulation
De
5%
Y.)
(quar.)
4-
E(- 1
4-
'
Co.,
5%
4-
1
25c/
/___
common/k
/_
—C
3-31
3-20
->+
$1.25
,^"'50c
3-31
3-20:
5-
1
4-10
4-
3-15
4-1
3-20
2%C
$1.25
4-
1
3-19
/
3-15 '
1.
3-15
•50c
pfd.
4-15
'
3-31
5-1 ••"
4-15
15c
5-
1
4-1A
$1
4-
1
3-21
System, 6%
43c
4-
1
4-
1
37y2c
$1.50
Investment
series
Insurance
(N.
I
&
Electric
E.)
preferred
preferred
Co.,
k 3-21
1
,3-18
4-
1
]
•4-;1' •'
.
3-ia
3-12
;4- 1..
s
3-20
445
.3-15
.
4-1
3-19
,
s4-'4r :
:v3.49..;
3-21 r
5-15
4-15
-3-31
4-1
4-1
341*
4-
1
r-f
(quar.)_—
t
4T4
3-15
30c
4-1
3-18
$1.25):
—_
35c
,4->l
r
I 3.-18
...
r.,.»3-10. /./.j 2-28
\
3-15
3-
3-13
3-7,
' V 15c
3-31
3-20
$1
3-31
$1.37V2
common
(quar.)
(quar.)
$G
2
55c
3-31
3-20
4-
1
3-20
25c
4-15
3-26
50c
4-
______
Co.,
3-20*
4-
■4#;
(quar.)
50c
(stock dividend)—J00%
to
3-28
80c
50c
—
Co.
Corp.,
(Walter
/
3-20
4-
Trust
i
3-15
r
' / 3-20
.5-4;
/. :
preferred—,/
Y.)
3-31
345
1
"256
Shares
non-cum.
4-
30c
pfd:'(quar.)_
"1
:.4--l:
$1.25
12y2c
f
3-21
4-15
25c
Tanning
Rail
4-1"'
'50c
Corp.___—■
(qugr.)_;
_____
preferred
(quar.)
(Edw.) Lumber Co. (quar.)
(D. H.) Co.) Ltd
Telephone & Telegraph (Ind.)
Honeymcad Products Co» (quar.)
$1.50
Hines
-
—
(quar.)
—
>
3-31
4-15
12V2c
(quar.)-'.—
___________
1st
Corp.
Water
Fire
Hanover
Holmes
;
4-
pfd. (quar.)__
preferred (quar.)
2nd
Reinsurance
Greenwich
Home
•
3-20
75C
Gilbert:+A.'-C;> Co.; $3.50 pfdv (quar.)i__a
;87%c'
TGodchauy Sugarz, Inc., class A (quar.)
;
4 «/a% ^preferred (quar.)-ii._-_----—$1.12 y2
Goidblatt
Bros.,
$2.50 conv.
pfd.
(quar.)
62y2c
Grand to Toy, Ltd. (quar.)
' 115C
Henkel-Clauss
'
5
3-24
25c
convertible
Capital
Hein-Werner
3-21
1
'
Controls
4%
3-24
4-
_^_
Co.___
Corp., 4%
convertible
Heller
-
3-20
,
1
4-
_____——
Baking
5%%
75c
3-15
40c
class A - (quar.)
(irreg.) T
B
Hawaiian
3
v
345
;3-17
20C
1
Cooley Co. (irreg.)
Hastings Manufacturing
8
1
t$1.50
Brewing (Michigan)—
preferred
(quar.)
Cable
Hart
.
3-10
4-15
-
1
3-28
Luxe
(Hartford)
3-10
3-21
t$1.75
$12c
.
common
(quar.)
4-30
12 %c
7%
Lumber
Light,
5-15
62%c
■
4-10
37'/2c
(quar.)_
5-10
4-
3-15
Guardian
4-10
3-18
4-
*
4<
&
Griess-Pfleger
4-10
5-10
J20c
common
5-10
3-31
_______
1*
t37c
(quar.)
&
1
4-
/
7
3-U^ ,+3+' fcty
4-
(quar.)
".Guardian Investment Trust (Hartford)— ,p
$1.50 preferred (accum.)
3-19 ;■+?
Guardian Public Utilities Investment; Trust
3-19
r v
(Hartford)
preferred
4-
$15c
(quar.)
Mfg.,
4-
31V4C
;
(quar.)_
Administration
preferred
Carolina
;$5
Corp.,
Co.,
3-21
1
3-
3-11,
4-
Bank
_____
Y.
—______________
.
3-15
4-
4-15
3iy»c
(quar.)
(quar.)
Co., common
(initial)
Starch
Capital
$3
Packing
4-1
18c
50c
(quar.)
:80c
3-20
7%c
quar.)
$1.50
1st
4-1
4-14
3-171
-
75c
N.
Great,r;Lakes Power, Ltd.—
$7, preference ,UA'.', (quar> *t$1.75
Great West Life Assurance Co. (Winnipeg)—
Quarterly
+$3.75
<
Co.,
Ltd.—
(increased
Canadian
Holdings of Treasury bills increased
$254,000,000 in
City and $537,000,000 at all
reporting member
banks. Holdings of
Treasury certificates of indebtedness
^/ffieclined $33,000,000 in the San Francisco District and
r
New York
Gas
3-20
3-20
3-31
.2
$20
National
(quar.)
of
Rubber
3-20 <•'<
4-15
4-15
t$1.50
/
Street
Investing (irreg.).
County Trust Co. (s-a)
(P. H.) Co.) 5% conv.
pfd. (quar.)
Caldwell
4-1
tl2%o
t32yac
Common
Commercial,
<quar.)_
6%
Broad
at
common
(quar.)
Electric Power to
preference (quar.)
Industries Corp.
(quar.)
Ltd.,
British
ited to domestic
i
55c
Cordage/Ltd.,
preferred
8
3-31
4-
General
3-22
4^^3-22
■
Brantford
4-
4-
$1
50c:/,''^T^3i2l''
Bickford's, Tnc.;. ----4-,4 ;;;;4
40c>- ;>22'Biltmore Hats, Ltd^ common
4-15
(quar.)^—flOc
:>-'3'-31^
Class A (quar.)
$25c
4-15
3-31
Bird to Sen, Inc.
'-.Grandviaw:.
(quar.)
I0c
3-28
3-14
Boeing Airplane Co
Grant (W. T.) Co., common.^
_________25c.
i
$1
3-20
4-, 4
Borg-Warner Corp^ common
3%% » preferred ^ (quar;)i.i_a__L/.^-__^a— ;
93%c
(increased) ill
50c
3-19
3%%
preferred
(quar.)
Grayson-Robinson Stores, common (reduced)
I2y2c
87,/2c
4- 1
3-19
Boston Insurance .Co.
$2.25
preferred
(quar.)
(quar.)
56 Vic
British Columbia
3-21
,
3-31
4-1
__
Condition Statement of Member Banks
U
75c
25c
(irreg.)
Co., common (quar.)
6%
preferred' (quar;)
General Industries Co., 5%
pfd. (quar.)__:_
General
Machinery Corp.
(quar.)___——_
■
4
1
4-
r
,
3-11-
4-
4-21
to
General
3-21
—4 b6V*c
3-20
$1.37
—
Mfg.
Bank
Tire
General
3-20
4-' 1
3-24
'3-31
3-31
4%
3-10
30c
^3.50
,
Ll.
V
3-JO
•'
4-15
25c
(irreg.)—
common
Inc.
.
3-28
3-27:
^25c
-
'
4-17
Vha
*-
•«
-;-3-13
;
4-30
r
Co. ,.(N.
General
4-15
37%c
—
(quar.)
50c
General
3-15
45-1
,3^25
20c
Co.
York
7c
4-30
31
3-20
-
3-31'
t40c
Battery (increased!__—__
Corp;, (quar.)
Tarrant
Avenue
Gabriel
3-20
37V2c
(quar.)_
15p
Linoleum._______
2-22
3-14
15c
common
______
3-20
4-
3-11
.
1
35c
to
Fox
3-5
25c
50c
:
r
1
4-
3-31
Formica
3-12
68%c
(irreg.)
4-
3-31"
20c
"3? 3
Class
1
5c
'
2
4-
4-10
-'3-31
Fyr-Fyter,
4-
4-25
25c
Wallace, $3 class A (quar.)__—_
Foreign Light & Power, 6% 1st pfd. (quar.)_
Foremost Dairies, Inc.,
common...
6% preferred (quar.)
3-15
50c
k:
4-15
10c
3-14
3-15
$1.75
$1.12Vi
4-15
First
3-14
$1.50
:
3-17
4-.T
■
4-15
Forbes
3-15
/
3-17
;
4-15
'30c
.
Fifth
.•
(quar.)
&
^
3-31
3-31
/•
Felt
3-10
3-31
1
30C
Products
Frock,
Firestone
5-5
3-31
Fields,
;
6-13
"/•>*• l5c f
Federal Screw Works
(quar.)___.«:__~—12ViO
Federal Services Finance, common (quar»)_
'
50c
6%.' preferred '(quar.)________
$1.50
3-22
1
6-30
,4-15
Insurance Shares
(quar.)
Creamery Co.,
preferred ,(quar.)
4%
3-21
$-10
Corp.—
(quar.)___;
Fairmont
Fashion
3-21
1
$2
____________
5
4-
4-
i'.&m
—_______——.——
4-15
1
5-10
Y.) (quar.75c
Fund, .Inc. "(quar.)
5c
Essex-Packers, Ltd.* 5%
1st
pfd.
(quar.)
62V2c
F. R. Publishing Co.; (quar.)
50c £
Extra/
' -v 25c
?
Fafnir Bearing
Co.__4__L_
$1.25
4-15
5-
1
3-31
Equity
3-12
6-1
3-21
6-
.
3-26
1
(quar.)
Oilcloth
Trust
3-14-
„
3-31
(quar.)
:___v—-
Storage
3-17
.
4-
17 %C
Extra'/>.i._-_i
Electric
3-24'
30c
(quar.)
3-19
30c,
Corp.
/
3-20
4-15
4- 1
.
$1.50
I3%C
—
.3-17
3-
Oil
1
5-15
50c
(quar.)__
Corp. (quar.) J__^
.-Township Telephone Co. (quar.)___
Egry Register, 5%% preferred
:
(quar.)
Elder Manufacturing
jd,
3-15
Co.
4-10
25c
*
Ginger Ale Co.
Theatres
3-20
—
Dunhill '.-International
3-17.
4- t
5c
Bros, corp., com. (increased
preferred
(quar.)
Iron Works
Corp.____
Bath
3-31
4-1
4;
^
3-14
:
4-25
$1' .<
Eastern
3-20
:
25c
______
Y.)
1-
35C 04- I
o
(quar.)
(qjuar.)
Douglas to Lomason Co.
3-13
7c
Company
of
•'
'4-
$5
(quar.)_
$1.25
(quar.)
Dominion
—
30c
6%
1
1
/3-lt
125c
Co.
>
3-11
■■.jAr. 1
30c
B
Mfg.
3-11
-•
1
'
3
25c
4%%
817
6c
$1.75
Barker
4
(quar.)k__—J—L"
common
:
3-25
8
$1.50
preferred
A
Common
3-21
4-
4-
4-
4-' 1
,4-
50c
8%
3-15
■
4
5%%
Forster
3-31,
.
3-20
$1.75
(quar.)
Dominguez
3-20
4425c
(quar.)__
Manhattan
Bank
cor*
>4
to
Diamond
3-20
—
(quar.)
pfd.
(quar.) 4
$6
'
..
3-28
4-10
r
.
1.37'/a
;
Trust
4-15
■
.
(quar,)__i
Insurance
i-
•}'. ' 4-21
3-11
IOC
70c
______
(quar.)
(The),
Forster,
District
^Holders
1
$1
common
preferred
Bank of
r-
&
Empire
1
(quar.)
•
• j,1
I
3-15
,
5-15
$3
pfd.
1
$1.25
(quar.)
to
(quar.)
Common
Crum
<
4-
preferred
Light,
'/
,
4-
4Qc
Monthly
indus-
Press,
Bank
preferred
Electrical
4-
quar.).
common
(quar.),.
:k
4-
4-
$1
-(increased)
Ltd.—
common
Co.
Crum
201
—
2'/2C
(bi-monthly)
6%
Baldwin
4
40c
3-18
4-15
$1.75
to
Cross
63
4
149
$1.75
(quar.)_:
Avery (B. F.i & Sons Co.,
Avondale Mills
(monthly)
41,598,942
44.8%
A
Common
950
—
4-1
V' 20c '
7
3-25
100%.,
Gas to Electric Corp.
(reduced).
Reynolds Corp., $1 preferred A__
Cory Corp.
(initial,, quar.)
Crompton & Knowles Loom Works—
Payable of Rec.
15c
3-18
Continental
4;.;
When
Share
4-V
;
Corp.—
Gas
Common
Per > '
v
1
3-25
20c
.
37'/2c
Construction
Press
Co
5'/a%
5,625
bills
loans
Corp.
Co.
preferred
Auto
27
—
•
..trial
(increased
Metal
Atlas
R.
9,212
make
1,454
4/ 4
re<*
F.
+
+
Art
10,047,
81,468
4,
+
37,697
respondents
Commitments
1,092
■
note liabilities combined
Contingent
+
+131,442
27/55
-'
■
/
'
Building Co
American Wringer Co
Applied Arts Corp.
(irreg.)
7%
Total liabilities to
cap. accts.
of
Class
Decker
Ship
190,862
..
\
5-
'i
30C
$1.50
62'/2C
Formerly known as Crum to Forster
Cudaliy Packing Co., common, (quar.)
4*4'%%+ preferred (quar.)____
;
Davidson Brothers,
Inc.,.
(quar.)
News
+
439,823
.
"
3-20
4-
50c
(quar.)
Natural
Consolidated
—13,683
409
—
3-28
1
1
(quar.)
Corp.,
Common
"-4
4";
Traction,
preferred
2,766
12,345
preferred
Continental
accounts,
(Houston)
161,957
44,879,60144
capital accounts
serves
4
4
61
.Quarterly.-—,——————25c
+
'
Ratio
5%
18,563
Co.
American Hardware
American Light &
219,820
+
Capital Accounts—
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
■
Gov't
,
Arkansas
1
96
130
—
3-11
4-
(quar.)
(quar.)
(initial quar.)
Grocers
Consolidated
325
are
Bakeries
2,116,185
-
V£*Y:y'/V
'
4
4
Stores, Ihc.
18,447,675
Other llabs., incl. accrued
dlvs.
''
119
non-cum.
6%
deposits
*"•-
S.
I
preferred
(quar.)
American General Insurance
183,693
+
—
'•
Other
U.
American Business
Credit, class A
American,- Car-sto Foundry— -
-7%
15;846,863 V
1,429,303 -:
4 523,315
acct.
Total liabilities
72
2,206
(quar.)
Aetna Insurance Co.
(quar.)
Ainsworth Mfg.
(quar.)_
Albermarle Paper Mfg.
Co., 7% pfd.
Allen Electric to
Equipment (quar.)
•
bank—reserve acct.
Deferred availability items
"■
33
2,124
10,618
v
„
Adam Hat
M-t-'jmifWfy*
Other
Total
16
52
33
160
1
4-vi
5-
________
(Boston)
Connecticut General Life
Consolidated
we
American
Federal Reserve notes
'•
66
36
584
517
deposit accounts except
and
Name of Company
+44
183,508
4 1,002
^
Liabilities—
V
3,447
9,963
The dividends announced this
week'are:
8
—
48,853
U. S. Treasurer—gen.
Foreign
14
1,289
4-
,
-75c
30c
$6
4,765
—
grouped in two separate tables. In the
bring together all the dividends announced, the
current week.
Then we follow with a
second table in
which we show the
dividends previously
announced, but
which have not
yet been paid. Further details and rec¬
ord of past dividend
payments in many cases are given
under the
company name' in
Uunl'^^feTalilGorpot'ition
and Investment News
Department" in the week when
declared.
V
501
.
Other assets
- ./r
demand
Co.
preferred
(quar.)____
Connecticut' Fire Insurance
8,314
—
9,179
week
Dividends
first
473,311
—'
102
...
•
—
E
DIVIDENDS
9,010
—
60
+
'
23,485,640
Fi R. notes of other banks.
Uncollected Items
Bank premises
Member
563
Corroon
; 2,776
i—
+ 218,489
23,247,365
Total loans and
securities
Due from foreign banks
Deposits:
77
+
+
73- *
$1.37'/2
(irreg.)_
_;
t $6
preferred
(accum.)
Commonwealth Water, 5V2%
$7 preferred
(quar.)
508
4
41
II
Interbank
V
•.
to
during
+ 1,083,139
4,485
753,390
V
+
16
—
$1.75
-
v
preferred
(quar.)
Commonwealth to Southern
1,080,363
+
2,021
—
-
6,771,118
Notes
5
10
38,590
$-14
"
3-15
$l:r,
%
Corp.
4__.
3-14
3-31'
t8c
4%
21
53
IIIII
'.f
6
3-17
'
1
4-
$1.12+,-
(irreg.).
(Indianapolis) —
1,495
—
537
I
vault
4-1
■'.** *
-
'
+
1,772
—
15,278,557
Certificates
»'•
13,
$
•
:
Bonds
Total
*
19,161,338 w
cash
IT. B. Govt, securities*.
v
Bills
.
—
4
'
26,903
deposits
Debits
1946
v
19
419
*
31'AC-:
Sand & Stone
Columbus & Southern Ohio Electric
Commonwealth Loan
R.
Discounts and advances
Industrial
Mar.
249
—
791,410
Other
5,
Collateral Loan
1,073
275
—
—
guaranteed
Borrowings
since—
$
36
39 g
Interbank deposits:
Domestic banks—
1S47
;
316
3,145
Foreign banks
Mar. 12,
3,344
+
liabilities—
(In thousands of dollars)
3-17
-
Colgate-Palmolive-Peet
4
4,355
U. S. Government
deposits
Deer,
90
4
2,330
Demand deposits adjustedTime
1
Works, 7% preferred
Bottling (Cine.) — *;
class A: (quar.)
$2,50
'i38
securities
in
4-
common
(quar.)
dividend
4 -1,633
t 638
I
indebtedness
-Reserve with Federal Reserve
Banks
164.
Reserve Banks Combined
or
Stock
•
216
536
III
(Including
15c
3-20
:
Coca-Cola
399
4
•
obligations)
,
1363
3-
__________
A
—12,272
-.407
m
of
1
4-10
Corp.—
5%% preferred (quar.)
Co., .common (quar.)
Colonial
—
Treasury bills.
Treasury certificates
Treasury notes
S2490
4-
Building
Investing,
Class
or
Loans to banks
Other loans
1110
4-15
$1.21
Commerce
Stores
361
.
1322
1
(annual)
Cleveland-Sandusky Brewing
-
/
4
Statement of Condition of the 12 Federal
4^Jfaicr.
City
City
pur-
securities,-:-
purchasing
'1946
5-
Citizens Wholesale
Supply Co.—*
6%
preferred
(quar.)^_^-
Mar. 6,
1947
56'Ac
Clinton Water
'Balances with domestic banks
Assets—
1947
55,417 A-.-. 4
16,069 ;
—
_
carrying:
U. S. Government
obligations.
::Other:..securitiesj-,,//:...•/+/■■■ir
Real estate loans
4
■
12835
1
'"444
Feb. 26,
3-15 \ v. 3-10
:
(quar.)_~——
preferred
•»«.
"
,
3-10
15c
—
Decrease (^-) Since
■
___
Other loans for
815
162. fin Vol.
■
.
1320
1
;
Mar. 5,
.'''"4
;
:+
-
Investments—total
Other
1319
Corp.,
Louis
V
\
chasing or carrying: >
4 ,4 U. S. Government
obligations.^..^.
;
1072
Apr
1
1st mtge. 5s, due 1962
Apr
1
1st mtge. se*r. bds., due 1947-1955-Apr
1
County Gas Co., - 1st mtge. gold bonds-.
Apr
1
SilVerwood Dairies, Ltd., 40-cent
preference stock—.—Apr
1
Southern United Ice Co., 1st
mtge. 4s, dated 1935——-.Apr
1
Soundview Pulp Co., 6% preferred stock
Apr 15
Texas Power to Light Co.—
6% gold debenture bonds, series
A, due 2022
July 1
Utah Power & Light Co.—
*
1140 North
and
\f44-v' loans
Loans to
1072
Ottawa Electric Ry.,
St.
Loam
■
Commercial, Industrial, and
82822
—
44 '4'-'"44
„
1196
Mar 20
stock
4
Assets—
Loans—total
1196
'1st lien & ref.
cumulative preferred stock—
Seamless Tube Co., preference
>.
.
j 1st lien & ref. mtge. 3'A% bonds, series D, due 1965_Apr
-6%
4" '
1317
) or
1
Corp.—
& Suburban. Bell Telephone—
Quarterly
Cinzano, Ltd., class A^
Circle
Theatre. Co.' (irreg.)
*
Citizens Water Co. of
Washington (Pa.)—
•'
-/Quarterly
"
""
-
•
Increase ( +
of
A
3-10
,3-10
i
—
common
.:
•:
-
"
1316
'
-
(In millions of dollars)
,
'
25c
*
-
4-1,
4-
;•
Cincinnati
reporting
*
Wire,
Chefford Master Mfg.
Co.,
5%
preferred
(quar.)
-
12287
'
Nebraska
Class
,
12548
&
3-31
$1.50,
Investment
convertible
Chamber
'
,
Steel
4V2 %
Borrowings -declined $46,000,000 in New York
City,
$22,000,000 in the San Francisco District,
$20,000,000 in
the St. Louis
District, and $149,000,000 at all reporting
12143
Soya
Store
3-5
87 %c
(quar.)
Co., Inc...
.
3-10
.3-15
30c
preferred >(quar.)
Central
Chain
'3-20
15c
preferred
Central
District, and $15,000,000 in the Philadelphia
depsits credited to domestic banks both
increased in all
districts.
525
-^—Apr
1
Bush Terminal
——Apr
1
Butte Electric & Power Co., 1st mtge. 5s, due
1951—Any time
Colonial Ice Co., $7 preferred stock—■_——
Apr
1
Cornell Wood Products Co., 6% preferred stock___„—Mar 31
Deerfield Packing Corp., 1st mtge. 4s, due 1956—_Mar
31
Gair Co. Canada, Ltd., 1st & gen. mtge. 6%
bonds.—Apr
i
Great Northern Ry.—«
,r
/
" s '
:
'*
»■
.f4'/a% gen. mtge. gold bonds, series E, due 1977
July 1
International Telephone to Telegraph Corp.—
/./'V v/+.V'V
4 Va % debenture bonds, due 1952
July
1
Kentucky Utilities Co., 4'A% mtge. bonds, due 1955—Apr
2
La France Industries, 6%
preferred stock
.....—Mar 31
Bickford's,
3.50%
Holdera
Payable o) Ree.
25C
—_
6%
When
Share
Flouring Mills (quar.)
Central Bag & Burlap (quar.)
Central Maine
Power, common..——-—
District; the net decrease at all reporting member banks
was
$96*000,000. United States Government
deposits and
Page
Company
Centennial
•
-
%
Per
Name of
increased $41,000,000.
\
\
Demand deposits adjusted declined
$87,000,000 in the
San Francisco
District, $63,000,000 in the Chicago Dis¬
trict, and $22,000,00.0 in New York
City, and increased
$32,000,000 in the Richmond
District, $17,000,000 in the
728
1
•
United Gas Corp., 1st mtge. & collat. trust 3s, due 1962_Apr
Hr
indsor Gas Co., Ltd., 1st to ref. mtge. 5s, due 1966—May
ENTIRE
at all reporting member
banks, and increased
$23,000,000 in the Chicago District. Holdings of
Treasury
notes
■
23A% bonds,
Toronto Housing Co., Ltd.—
,1st mortgage 5s, series A, due 1953
/
Monday, March 17, 1947
$53,OO0,OOO
724
1234
Tennessee Gas & Transmission Co.—*
qOMMEHCIAL; ft FINANQIA,^ CHRONICLE
y $1
12c
1
5
3-20
3-15
3-31
3-27
3-28
3-21
,
-When
Per
v >
f-
j,41hi*
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4577
Volume 1&5
•;
Holder*
Name
'
.
.
Share Payable of; Reo*
15c
'3-12
3- 1
12 Vic
3-15 •'■■■2- 5
Jtame of Company
Rapid"' Transit/ common' (quar.)
Honolulu
'
*
.
*
6%
preferred , (quai*.)
'
—: •
Horn Si Hardart Baking (N. J.) (quar.)_____
Horner
(Prank
class
W.),- Ltd.,
A
Household Finance "Corp.—*"'"
V
4- 1
2-28
r
'
(increased^
Common
v
<'
3-21
$12 Vio
(quar,)
4- 1
50c
62Vic
3-31
3-17
20c
.25c
56 Vic
Gas, common:l'2™l_i:'_^v
Iquar.')'L_—;—-;^r>'-l™_»
Natural
preferred
5%
3-31
6- I —
5-15
3-15
4-16
5- 1
v
Corp., common (irreg.)..
Jluisnian-Ligonier CO., common - (quar.)
v $2.25
preferred
iquar.) '2_
___
Illinois Commercial Telephone Co.-'- ; J V r
-1 $4.75
preferred >(quar.):__:
,
Income Foundation Fund, Inc. (quar.)
Hummel-Ross Fibre
» •
i
-
: *- ^
3-15
3-20
;3-10''
.,30c
25c
$1.50
Company, ,.common<^C-i>-'------;l°c
prior preferred (quar^fii^iSL^---^''''' $1.25
3-31
3-31
75c
$1.50
50c
4- 1
4- 1
4- 1
Products
Ceilucotton
(quar.)__
'
Interstate
■
5%
Island
.
Creek
Coal
common___i^™_-
Co.,
■
•
preferred (quarj-__x^^™"-----i__;--Jacobs
Manufacturing ■ ' (quar.)
Jefferson
Electric
Co,/,
$6
i
.
-
/ 3-15
3-15'
3-15,
founders>shares
Bros.,
$2
3-20
3-20
3-15
_
\ Hon-voting common" (increased)"-7%
preferred
(quar;)
3-28
$1.75
$1
•
2nd pfd.
Johnson & Johnsgnr4%
(quar.)-—
.
<? ' • '
.^8/tjki
.
3-14
•
.
3-14
3-14
3-20
3-20
-
preferred
Xahn's
(E.)
5%
•
$1.75
'
50c
Sons Co.,
preferred
common————
4- 1
4- 1
6272c
(quar.) _I—
4-1
(quar.)
,
Kansas-Nebraska
Co., Inc.—
Natural Gas
>
,
,
k
Lambert
$2
Co.
,
Class
Lerner
(quar.)_„
A
50c
3-21
3-15
4-1
3- 5
2-28
3-17
50c
5Cc
,
37Vic
$1.12Vi
5c
60c
—25c
87Vic
B
4-15
4-15
4-15
5- 1
3-10
3-15
-.5- 1
5-1
3-31
3-31
3-25
4-19
3- 7
3- 1
4-14
4-14
(quar.)
Stores
47a%.
:
—
(quar.)
Corp., common
(quar.)
Lessings, Inc.
'
—
——
Telephone
Lexington
Lincoln
Printing
$3.50
preferred
■
—
(quar.)——
Lincoln
(quar.)
Co;,
____
common.:...:_.
(quar.)—
(Del.)
Telephone & Telegraph
.
v
—
■
Class
A
75c
Class
(
B (quar,)
preferred (quar.)
5%
Oil
Lion
Lorain
Co.
Common
pfd.
6%
Electric
&
A
(Del.)
Co.
—
Coy (quar.)—.,—„
Inc. u'rreg.i
—-
Mfg.
Trucks,
__
55c
preferred (quar.)
___
Mahon (R. C.)
Co., $2 class A
pfd.
Railroad-—
Manitoba Sugar, Ltd., 6%
pfd.
Mahoning
Coal
International
(quar.)
—
—
(accum.)—
.
$1.50
15c
37Vic
$1.12Vi
4- 1
4- 1
3-15
3-15
28c
4-21
3-31
iqm»r.)____ _________
25c
Navigation Co. (quar.)'_L—30c
3-15
3-10
3-15
3-31
3-31
4- 1
4- 1
4- 1
3-31
3- 3
3-20
Water.
7%
(quar.)——
Y.)
(N.
preferred
(quar.)
Marlin-Rockwell
Corp.
MarshallrWells,
6%i preferred
50c
__
(quar.)——
Co., common (quar.)
(quar.):
;—
Maryland Drydock
4Vz% preferred
Trust
Investors
Massachusetts
(ifreg.)—
common
Matson
Matthews
(W.
Co., common
N.)
- ^
'
(quar.)"—
Preferred
(Arthur G.)
McKee
Mead
Johnson
class
Extra
New York
of
75c
15c
5c
50c
_
—
(quar.)___—
Meredith. Publishing
Shoe
Mid-States
Mollybdenum
Morrell
National
Haven)
3-31
3-20
3-10
3-10
3-15
4- 1
3-20
4- 3*
3-31
3-24
3-21
3-20
4- 1
(irreg.)—
Inc.— -r-
Casket Co.,
prefeired
$5
preferred
$1.25
$1.50
(quar.)_
common———
3-31
1
.Stamping,^ 6% preferred is-a)_——
Folding
Box
4- 1
4- 1'
0%-'
Interim ^
3-29
-ii—50c
5-; 1
4~ 1
4- 1
.
Public Servicev common^-'--^
! 2?. Via ■
tquar.)__^2—$1.12y2
Scotia;Ijlght' SrPower, Ltd. (quar.)—^
Noyadcl-Agene Corp;* (quar.)'1—'»-i
|$1.50
Nova
•'
3-19
■:
4-10
$1.50
93%c
Nicholson Pile Co.; (quar.)«——'
? 30c
Bxtra -,jy—---------------------------20c
Northern' :Pai)er Mills (quar.)
iii.——25c
preferred
3-23
;
Mining Co.—
»
7%
-.J
-
(quar:)r;yri-^^;^^>y"-;'$l»i8%'',;^ 4- 1^^
Newdrk'Telephone* (Ohio)^ '
'
6$)
preferred ; <quar.)____l_^—_L—r_.—
Newberry ?(J.nJ;), 3% % preferred (quar,) —
Northwest
■
:r.
Public Service—
New York Si. Honduras Rosario
,
3-21
3-21
preferred'"———I———4-' 1
Orleans
''4%-%:5y preferred-"-
3-20
3-21
3-31
3-1T
3-15
3-15
4- 1
4-; i
preferfed
- $1.50
New
England Power Association—
$2 preferred (accum.)_^—50c
.6%
preferred (accum.)
$1.50
Newi England -Water Lightr S; 'Power Assn.—
16
.
3-14
3-25
v
'
New
3-15
4-29
4- 1
4-1
3-31
4-15 ;
$1.75
(quar.)—
50c
National
39c
New. Britain Ma(mineL_i_:._—-i:_V
50c
New' Brunswick Telephone"/(quar.)—l-t——
"12c
N^w. England Plr'e' I$»uraricff';'01uftf.i^
New England Laundries, Inc., com. resumed)
25c
National
3-24
4- 1
3-20
5-15
(quar.)v—-—$1.75
Corp.,
3-20
3-15
3-15
3-20
3-31
100%
$1.50
—y *•*
dividend)——
(stock
(New
Cafeterias Consolidated,
preferred
Finance
(quar.)_
America—
of
Co.
&
Bank
pfd.
5%
3-20
12Vic
Co— (quar.)vi—
(increased quar.)
& Light,
Corp
(John)
Plan
Morrison
Co.
Power
Minnesota
3-13
3-11
3-22
3-26
3-20
25c
25c
$1.25
.--i——10c
— Extra
Moiris
(quar.)
±-j
"
Merchants Bank
B
(quar.)—.
10c
$1.75
—
—
Co.,
&
Co.
&
i
3-31
4-15
3*20
3-20
3- 5
.
3-20^
: 5*1
6- 2
4- l
; 4-15 (
5-15
3-15 '
4J 1 •' 3-20
50c
$1.50
4- 1
3-11
$1.12 Va
4-1
3- 8
7'"5'%'''-preferredv4quar.)—-'V'- -$1.25 v->..'4^: l"r"3--;$
Ohio Leather h6mmon_^_L:—40c
4-1
3-21
$5 preferred (quar,)
$1.25
4- 1
3-21
Ohio Publw Sfervioe,- 3i90%-;^preferred . (quar.)
•'•'97%c' ' "4-f 1
; 8-15'
Ohio
Cities
Water
Corp.,
pfd.
$6
(accum.)
_
preferred' (quar.)
CMilo Finance 'Coy
.
Ohio Seamless Tube-- : y;
$1.75 prior preferred (final)
6c
Old. Colony Insurance (quar.)
—
1$5
Oliver Corp.- 4'/g% cony, -preferred (quar.)-,
$1.12%
Pacific American. Investors,;.InCi—
$1.50 preference (quar.)
;
37V2C
1
=
Pacific
Can-Co.
Pacific
Gas-&
Pathe Industries,
Penn. Co.
ing
for
(quar.)__u
Electric
v
(quar.)
Inc., 4%
pfd.
Insurances on
Annuities,
(quar.-).-—
12lhc
•'1.50c
————-
\
$1
*
3-20
4-15
3-15
3-31
4-15
v
3-24
3-28
4- 13-20
,
40c
;
v
4- I
Lives & Grant-
(quar.)
>
4- 1
3-19
3-25
Aetna
Life
4-21
3-15
3-31
3-31
3-12
3-20 ;
Aetna
Standard
pfd.
conv.
Co.
(quar.)_.
(quar.)
■
Insurance
4.
50c
7c
Company,
10 9/10c
"i-W;
3-15
3-13
$1.50
4- 1
50c
$1.25
75o
$1.25
4- 1
4- 1
3-15
4- 1
(increased)
common
preferred
convertible
5%
4- 1
3-31
—
—
(quar.)_
$1.50 par-tic. pfd.
Robbins-& Myers,
St. JoseptuUght &
(accum.)
pfd. (quar.)_
Power, 5%
3-15
,
2- 3
3-11
3-21
3-21
3- 5
3-15
St
Lawrence jCorp.y Ltd.—
4% class A convertible preferred (accum.)
St. Louis Rocky Mountain & Pacific Co.—
Common
(irreg.)
(Ed.)
Seaboard-Commercial
com.
preferred
preferred
$6
.
$7
Selected
Shamrock
Oil
Shuron
(quar.)
(quar.)
5% preferred A (quar.t_
5%
prior preferred (quar.)__
Smith (L, C.) & Corona Typewriters (quar.)
Snyder Tool & Engineerings
Society Brand Clothes (quar.)
Soundview Pulp Co., common (quar.)
6% preferred
South Atlantic Gas, common (quar.)
Optical Co.
Oil
Corp.
Skenandoa Rayon,
5%
preferred
.(quar.)
Telephone
Southern New England
Standard
6%
Mfg.
Paper
preferred
Co.,
(quar.)
common
(quar.)
Standard, Screw
_—
Steel Co.-of-Canada,-common (quar.)
•
7%
preferred
(quar.)
Sterling Aluminum Products
Stern & Stern Textiles, common, (quar.)
*
4'/s%
prefW^ed.,. (ijuar.) ^2;y,'
4Yz%
preferred (quar.)
Stix Baer & Fuller, 7%
1st pfd. (quar.)—
Stop & Shop, Inc. (quar.)
Taylor & Penn Co., 4.32% pfd. (quar.)
Textiles,
Inc.,
Inc.Mining
Standard
Co
(quar.)-.:
Co.
Mortgage
Co. (quar.)
Co., common (quar.)__
convertible preferred £(quar.)
Torrington
Traiimobile
4y2%
Tri-Continental Corp., $6 preferred
Trico Products Corp. (quar.)
Twin
—
(quar.)_
Transit—
convertible prior preferred
5%
(quar.)—
Twin Coach, $1.50 prefeired
(quar.)_
Metal
Union
$6
Bond
United
Extra
"
Carbon
Fruit
:
Fund
United, Income
Extra
United
—;
—
—
Light & Railways Co., common
prior .preferred (monthly)-.
*
7%
(monthly)
7% prior preferred (monthly)
•v 6.36% prior preferred (monthly)
6.367"
prior preferred (monthlyI
6.36% "prior preferred (monthly)
6% prior preferred (monthly)
7 67«? prior preferred (monthly)—
6% prior preferred (monthly)
7%
prior
preferred
<
-—
—
*
United
Printers
—
6%
-
70c
Stockyards
:
Cyanamid Co.,
preferred (quar.)
American
57"
Discount
American
Co.,
$1.1272
American Gas &
3-15
4%% ' preferred
>
American Hair & Felt,
2nd
3-15
American
3-21
3-20
3-17
American
(Newark, N. J.)
3-21
American Paper
(quar.)
Co.
Molassses
American
3-22
American
Goods Co., 7%
Lines—
57" non-cum. preferred (quar.)
American
Radiator
& Standard
Rolling Mill, 41/2%
American
Safety
American
Service
American
Snuff Co.,
(quar.)
Refining, 7% pfd., (quar.).
& Telegraph (quar.) —
47»% pfd. (quar.)
American Tobacco Co., 6%
pfd. (quar.) —
American Vitrified Products, pfd. (quar.) —
American Water
Works & Electric—
American Telephone
American Thermos Bottle,
(irreg.)
Oil (quar.)
Mfg.
(quar.)
Weyenberg
Shoe
Wichita
River OU
Wichita
Water,
&
Iron
Towne
_'^'.25c
Corp
1% preferred
Wilson-Jones Co. (irreg.)
Woodward
;
Co.
Mfg.
Co
(quar.)
:
L
$1.75
75c
5- 1
$11-7 3-31
15c y 4- 1
3-25
3-10
3-15
3-31
4- 1
4-17
*
3-21
3-17
$1.75
$1.75
Woolen Co.,
4- 1
$1.75
$2.25
537sO
$1.50
$1
prefeired (quar.)
(s-a).,
7%
preferred
(s-a)
Anaconda Copper Mining
$4.25
Oil,
Anderson-Pritchard
47*7"
common
(quar.)_
preferred
Apex Electrical Mfg. Co.—
7% prior preferred (quar.)
Arizona Edison Co., $5 preferred
Arkansas Natural Gas Corp.—
6%
Western
Armour
&
Arnold
Constable
Co.,
(quar.)—*
150
(quar.)_——
preferred
$6
——
(quar.)
Co.
Gas
prior pfd.
—
Asbestos
Extra
*
(quar.)
$20O
———
—
—
H.) Hardware Co., Ltd.—
Class A (quar.)
—
Ashland Oil & Refining, common (quar.)
Associates -Investment Co. (quar,/)
Ashdown
1272C
Corp
Corp;, fctd.
12 Vic
$1.50
(accum.)
UOC
(j,
-
Series
A
preferred
Avon
Allied
(quar.)
(initial)
—-———
(resumed)
Insurance Co. (Hartford) (quar.)
Products,
Co.
4%
Mfg.
Ayshire
Collieries Corp.
T.),
pfd. (quar.)
(quar.)—
Axelson
Babbitt <B.
56 740
/quar.)
Co.,. Ltd.—
participating class A
Participating
Automobile
—
—
Fabric Products
(initial)
W (quar.)—
1
4-
$1.50
(quar.)
preferred
$6
American
9-15
12-15
$1.25
Amoskeag Company, common
Company
Co.
Greenland
3-31*
6-16p
$1.75
30c
Autocar
Electric
Westgate
3-29;
—
B
Western
4-1
250
350
Co—
Stores
American Sugar
60
25c
75c
3c '/
25c
\
4-15
25c
—
(quar.)
(Indianapolis)
American
7 i Class
$$1.75
4- 1
American States Insurance—
3-14
3-14
preferred
$1.75
common—
4- 1
3-28
3-31
3-15
4- 1
4-15
4-15
& Light—
(quar.)__
(irreg.)
Koofcenay Power
Michigan Steel Foundry
1
97Vie
Stamping
American
Auto
•>
4-
4-1
4-1
Sanitary
pfd.
3-15
3-31
3-31
25c
350
Razor (quar.)
Co., $3 pfd. (partic.)
Corporation,
4-15
3-20
4-25
(qua r.) —„
Co. (irreg.)
ft-. 6 % 7 pre/erred ;
3-24
^
3-25
20
Special
American
3-31
1
2c
Corp.,
3-20
3-15
3-15
3-31 7; 3-24
3-31
8-24
4-
IOC
President
4-15
3-31
3-31
3-26
3-19
4-15
5-15
3-19
4-15
•
5-15
3-19
4-15
5-15
4- 1
3-20
4- 5
3-18
4- 5
3-18
4- 1 v' 3-20*
4-1
3-17
■4-' 1'-' 0 3-17''
4- 1
3-17
1
15C
3.907"
pfd. (quar.)
1% preferred (quar.)——
7%
preferred (quar.)
American Power & Light, $5 pfd. (accum.) _
$6 preferred (accum.)
4-10
4- 1
5- 1
6- 2
4- 1
5- 1
6-2
4- 1
5- 1
6-27
4-1
4-
American Machine
3-21
3-21
*
1
$1.50
.
preferred
7%
3-31
4- 1
4-
$1.50
(s-a)
common
(quar.)
;—
& Foundry—
preferred (quar.)
American Manufacturing Co
American Metal Products (increased quar.).
3-18
25c
10O
Locomotive Co.,
American
3-20
3-20
3-20
3-15
3-17,
3-17.
3-17
3-15
__—;
4-15
50c
(increased).
Imperial Diesel Engine—
-(initial)'
$1.12V(i
Extra
3-20
_
1
4-1
Monthly
American Insurance Co.
3-21
5- 1
' 62Vic
5c
Co.—
1
4- 1
$1.18%
preferred-(quar.)
preferred (quar.)
Home Products (monthly)—,—
Hydraulics Inc.
(monthly)
1st
6%
$6
.
common
3-31
"33%c
(quar.)
Chemical
44-
$1.50
(quar.)
(quar.)——...
(quar.)..
Atlas
&
1
25C
Electric Co., com.
preferred /quar.)
4%%
Atlas
A
.'(quar.)i__i___
Refining
1
4-
American Fork & Hoe Co.—
3-15
3-15
class
Co.,
'
4-
4- 1
4-1
$1.50
Co. (quar.)
6% preierred
3-20
•
————
'
12VbO
of Georgia
Co.
4- 1
4- 1
4- 2
B
(quar.)
250
(quar.).
common
4- 1
Eros.
Common
Yale
4Vi%
5-14
17Vic
50c
25c
$1.75
68%0
30c
Crystal Sugar Co., common
prior preferred (quar.)
American
50c
(quar.)
Wayne Knitting Mills, -(irreg.)
Weber 'Showcase Or ' Fixture Co./: Inc.-**'
7%
Share
—15c
preferred (initial quar.)__
31V-JC
Fargo & Co., 4Vi% conv. pfd. (s-a)_
22Vic
'Class
West
of 1930
^ of a
class A (opt. div. series)
(quar.)
Payable In cash or
of class B stock
$2.75
4- 1
preferred
Warren
5%
(increased)
com.
preferred
(quar.)
77" preferred (quar.)
American Casualty Co.
(quar.)
American Cigarette & Cigar, 6% pfd. (quar„)
American Cities Power & Light Corp.—
5 !4 %
4-14
preferred
$1.25
American Can,
5- 1
5- 1
7%
Wells
Co.,
Brake Shoe
American
3-25
8-10
3-14
3-14
4-16
4-16
convertible
Warren
:
5% pfd. (quar.)
Agricultural Chemical Co. (Del.) —
■■
Quarterly:——American Alliance Insurance (quar.)
American Bank Note Co., common....—..
6%
preferred (quar.)
1
Arkansas
Van Born iron works; (quar.)
75c
——
American Aggregates Corp.,
3-15
3-24
3- 1
3-15
Corp.—
VlcheikTool"Go.;'common^.
20c
—
American
3-17
6-16
4- 1
4- 1
4- 1
3-31
4- 1
4- 1
4- 1
4- 1
4- 1
4- .1'; '
4- 1
•;
4- 1 '/•;
4- 1
4- 1
1
20O
(irreg.)
(quar.)
4- 1
.
Unite-d
preferred
conv.
4-15
,.
$1.38
com.
7- 1
3-31
4- 1
3-15
4- 1
3-15
3-15
30c
Publishers—
&
6%
3-15
prefetred
-
Amalgamated Leather Cos.,
Felt
3-31
common (quar.)
62Vic
(quar.)
-———
37Vic
U. S. Foil Co., 77" preferred <quar.)_$1.75
U. S. Finishing. $4 convertible preferred-—
$1
7% •/:preferr«I .(quar.)
—$1.75
7%
preferred
(accum.)
—
$1.25
U. S. & Foreign Securities Corp.-r$4.50 1st preferred (quar.)
—
$1.12»/2
$8 2nd .preferred- (quar.)
$1,50
U. S. & International Securities Corp.—
:
$5 1st preferred (quar.)
$1.25
v
40o
03%O
preferred (initial quar.)
preferred (special)
Goods Mfg. Co.
6%
Express
3-22
3-22
United Shoe Machinery,
75c
—
$3.75
American
4- 1
4- 1
4- 1
25c
58Vic
58Vic
58Vic
53c
53c
53c
50c
50c
50c
250
Aluminum
50c
3c
17c
:
.
25c
4c
100%
50c
dividend)
(stock
Co.
(quar.)
40c
$1.60
America—
American
10c
:J.
;
,
United
1
Co.
3-17
15c
$1.50
(quar.)
common
(quar.)
Fund
United
Extra
Co.,
$1.0674
Corp.
4- 1
62Vic
37Vs>c
Co.—
Mfg.
preferred
•"'$3
$1.25
3772C
Corp.
4- 1
lc
Investment
Union
$1.05
Laboratories
4-15
Rapid
City
$2.50
preferred
(s-a)
preferred (s-a)
4.207" preferred (quar.)
Alabama & Vicksburg Ry Co.
(s-a)
Alan Wood Steel, 1% preferred (accum.) —
Aidcn's, Inc.* common (quar.)
474%
preferred (quar.).—
Allegheny Ludlum Steel (quar.)
—
Allied Chemical & Dye (quar.)
-
3-20
3-22
4- 8
4-8
4- 1
5- I
5-1
t25c
41%c
50c
58Vic
$$1.25
40c
25c
53Vic
$1.50
62V2C
v
3-20
3-20
3-31
3-20
3-31
2V2C
___
class A (initial)
pfd. (monthly)
0%
preferred (monthly)
7% preferred (monthly).—
Tip Top Canners, Ltd.,
Toledo Edison Co., 5%
Toronto
5-26
4-15
4- 1
4- 1
4-15
4- 1
4- 1
25c
$25c
25c
(quar.)
Clothes,
Timely
Tintic
3-18
3-21
4-15
3-15
3-15
3-17
3-10
3-29
5-15
25c
Ltd.—
Stores,
$2.50
5%
of
3-28
3-31
5-15
4- 1
4- 1
4- 1
3-20
4-10
25c
35c
25c
$1.25
$1.25
50c
10c
15c
75c
$1
15c
$1.25
$1.50
50c
75c
60c
$75c
$75c
45c
12%C
1
5%
Alabama Power Co.,
Aluminum
3-18
4- 1,
3-18
1
4-
»*
50c
(initial)
Allis-Chalmers
4- 1
4-10
4- 1
1
4-
34%C
3-21
3-19
3-19
1
4-
25c
(quar.)
preferred ($10 par) (quar.)
>
5 Va %
preferred $25 par)
(quar.)
Akron Canton & Youngstown RR.—.
3-13
3-31
3-31
4-
250
13 3/4 C
A
5y27"
Common
3-17
'
(quar.)
(increased quar.)
Mfg. Co., c6mmon (quar.)
3-21
56c
' 56c 1
43%c
15c
27c
25c
.*
preferred
4%
■
common
Extra
Thrift
Class
=*
a
4-1
10c
Associates, Inc. (reduced)
Airline Foods, common (quar.)
3-19
20c
(quar.)
Sharp & Dohme, Inc
Sinclair
.8%C
(quar.)
Air
Products
3-31
25c
—
Gas
&
(Watertown,
v
Ahlberg Bearing Co., class A
Stores
3-31
$1.37Vi
(quar.)
pfd.
Co
Stores
Shaffer
prior
Insurance Co.—
N. Y.)- (quar.)
Agricultural
Allied
3-20
3-31
$1.50
$1.75
-—
$5.50
Industries,
(quar.)
Allied
5c
(quar.)__
(quar.)
(quar.)
(quar.)
Co.
Engineering Co.—
3-12
62Vic
(quar.)
Securities
Insurance
preferred
4- 1
4- 1
4-15 *
75c
15c
Fund
Corp.,
preferred A (quar.)____
Corp. Genera!, common
5%.
.
25c
$1.25
& Clark
Scudder Stevens
5%
Allied
Co
&
3-15*
3-15*
4- 1
(J. D.) Mfg, Co. (quar.)
Addressograph-Multlgraph Corp. (Increased)
Aetna Casualty & Surety Co.
(quar.)
■
(quar.)
preferred
5%
Schuster
3-21
3-31
3-31
Co.—
Railway
Atlanta
&
4-15
50c
$5
preferred
5%, non-cum.
Savannah
t25c
—
3- 7
(quar.).
(initial)
Adams
4-15
3-15
3-20*
3-20
3- 7
75o«
preference participating
Acme Glove Works, Ltd., new com.
A
3- 5
3-20
3-15
3-14
3-31
i
50c
-
Refineries, Ltd.—
Acadia-Atlantic Sugar
3-17
.
(quar.)
Extra
Class
3-28
3-31
30c
Abbott Laboratories
3-14
4-1
4- 1
4- 1
4- 1
When
Holdere
Payable 0/ Ree.
>
Share
'
■■■
50C
3-15
Reynolds.Metals, 5V2%
Ritter
rer
t50c
15o
15c
.
F., Inc.
Ltd.; 4% preferred (quar.)
J40c
$1.25
20c
12Vic
lGc
$1.37'/2
.; V,
*
Kame 0/Company
A. T,
4- 1
10c,
—
Island
preceding table.
4- 1
EkUa VU_u_:
West
4-1
4*1
4-30
3-28
we
$2.50
(Geo.) Fund (Boston)
(irreg.)
Telephone & Power Corp., class A_
Ralston Steel Car/ 5 %: preferred (quar.) „«,*
Reebe Corp.* (quar.).__
Reymer & Bros, (quar.)
—
—
,i.
Below
(quar.)—
Co.
RR.
Purex;
3-20
Northeastern " Transportation
Massachusetts
Co.,
1_
_
Corp., (quar.).——
Martin-Parry
fi $7
3-17
3-17
3-21
3-17
3-27
3-27
3-31
3-22
3-14
3-28
3-20
4- 1
4- 1
4-.1
4- 5
Midland Trust
,7%
3-25 £
3-25
4- 1
3-31
4-15
4-15
4-15
4- 1
3-28
5%
30c
$1.75
(final)
ordinary registered
Ltd.,
tions,
Marion
Motor
3-31
3-31*
3-22
Communica-
Marine
Marine
>
4-10
4-15
4- 1
—
(quar.).
Mading Diug Stores, common
;
3-31
37Vic
25c
25c
75c
20c
133/4C
50c
$7.50
t$3
(quar.)
(quar.)
B
Clock
Marine
4-10
$1.25
50c
$1.50
;
;
Telephone Co.,
Common
Mack
3-31
37Vic
-
_
(quar.)
Louisville. Gas
Lux
4-10
(quar.)—;
Co. 1 (increased) .—.—20cs
.
(quar.)—
,
Provincial Paper,
3-31
Inc.—
Bakeries,
United
class
3-17
3-17
3-15
,
4-25
Press,
Langendorf
3-15
4- 1
4- 1
3-31
Inc. (quar.
20c
Kittanning Telephone Co. (quar.)50c
Kingsport
3-15
4- 1
4- 1
Common
(quar.)
• •
•
'20c
$5 preferred (quar.)—
$1-25
Keirh (George P.)
Co.—
$2 junior prior preferred (quar.)
50c
$5 prior preferred (quar.)*-—$1.25
Kelling Nut Co., 6%. preferred (quar.)
30c
Kerr-Addison Gold Mines (interim)
3c
V,
4-15
preferred
8%
RhodesJan Selection Trust—
[r American deposit receipts (interim)
Richmond
Water
Works, 6%
pfd.
(quar.)
3-14
4-14*
« 4-: 1 •;
Joplin Water :Work$,v6% preferred"-(quar;)i•; - $1.50
4-15,
Journal Publishing CJa.rrfbf-^Gttii,!iri^3W^>^J -V
t' Quarterly
_w—.
$1.70
4-15
Kansas Gas& Electric, common.i--_-.-J.—
33c
3-20
$6 preferred (quar.)
$1.50
4- 1
$2
3-15
4-> 7
3-25*
Gamble,
Prophet (Fred B.}
Rhode
3-14
,
3-28
5- 1
4- 1
3-25
5-1
Rhtnelander: Paper
3-14
' 3-28
50c
(increased)
50c
Providence .Gas
.
,
&
3-22
2-17
3-20
12 V2C
f$3
Co
Pocahontas
Creek
Pond
give the dividends announced in previous
paid. The list does not include divi¬
dends announced this week, these being given in the
•
weeks and not yet
3-20
3-31
4-1
3-15
37V2C
6%
Inc.,
Quebec
fC.
Jenkins
Pollock's
Putnam
3-20
3-21
4- 1
4- 1
4- 1
International
International Ocean Telegraph Co.-(quar.)-;
30c
HViC
Ltd., 7% preferred (quar.)
preferied (quar.)
Pneumatic Scale,
Providence"^' Worcester
3-10
4- 1 - ; 8- 1
3-31.
3-19
5 3/IOc
* 40c
Independence Shares: Corpi; trust shares--.;
Independent Pneumatic Tool '(quar.)
•;
International
Button-Hole
Sewing Machine
Paper
-
Proctor
;
4- 1
I7»c
' -
Portis Style -Industries (irreg.)
Price Bros. & Co., Ltd. (lncreased———-
,r:
,
,$1.18%
Extra
«
.
'3-31,
3-17
4-15
3-31
'v-.
Forge
Pierce Goyernoy.—i.—
3-31
4-15
1
Houston
•
-------------
Pictorial
"
i
^ 45c
3%%'
>
Corp
;
Pennsylvania RR. Co." (irreg.) —
Peoiia Water Works, 7%
preferred (quar.)_
Perfection .Stove Co., (quar.;
,
$2
Per a* When Holdera
Share Payable oj Rec.
10c
3-28
3-14
••
50c
4-15
.
3-22
$1.75
4- 1
3-11
37MiO
3-31
3-20
Package..—10o
3*31
3-14
Vu
.
of Company
Pennsylvania
1496
THE COMMERCIAL & FINANCIAL CHRONICLE
''\>:\Navie
of Company
Porcelain
''
'
Steel—
'<
7^,' convertible preferred
>
Share
/
convertible
Bancroft (Joseph)
Bangor
Baugor
&
Aroostook
Hit.,
o%
_
4 %
Co.
Asphalt
Earealo
Mfg.
(N.
%%
IC
25o
i5c
convertible
Brothers,
Class
preferred
Ltd.,
B
RR.
A
;ix
preferred
Belgium
&
common
(quar.)
3-13
Cannon
4-
1
'3-15
Cannon
Co.
of
$2
conv.
5
Preferred
(quar.)
Steel
.
3-31
30c
3-31
15C
12VaC
3-31
25C
3-31
3-20
3-31
3-20
6%'
11.50
(quar.)—
I
$2
preferred
A
Central
Investment
Paper
4-
Central
4-
(E.
3%%
L.)
Co.,
preferred
$5
preferred
Bucyrus-Erie
3-20
7% ' preferred
^
Watch
Co.,
Canada
-
preference
-
—
•Canadian
Car
Common
'■
Class
A
4-
1%
preferred
2nd
Canadian
.
.
■
i
Class
A
Canadian
■■
.
'
4-15
3-31
4-15,;;^
4-
4-, 1
1%
25C
3-31
3-17
3-31
3-25
7%
1%
..'1
iff
4-.1.
.
3-17
4-
preferred
convertible^ c(assA
(quar.Jb
3-25
3-10
$1.25
2%%
50C
$1.75
11-15
2-10-48
(quar.)
Climax
4-1
3-14
Clinchfield Coal Corp. (quar.)
Clinton Industries, Inc.
4-
1
5-
1
4-
1
3-20
3-10
4-
3-10
1
Monthly
Monthly
Monthly
:
1
33-
4-
20c
56-
—I
,
7-
4-
1
3-20
3-21
50c
3- 6
3-10
Monthly
Monthly
'
1
3-6
4-1
3- 5
Coca-Cola Company
3-20
2-21
Coca-Cola. International
Cockshutt Plow Co., Ltd.
3-20
$$1.12Va
3- I
-3-14*
4-
$62 Vic
X>
$32y2c
110c
15c
4-
$1.06 y*
1
V4-vr;
$40c
$30C
4-15
4-25
3-20
4-15
3-20
$75c
4-1
$7
3-31
$150
$$1.75
.2-28
$25c
4- 1
preferred
6%
(final)
1
3-20
4-
1
50c
participating preferred
Particpating
15C
T—-
3-28
4-1
(stock dividend)
Commercial:.Alcohols,' Ltd., common (quar.)
8%
preferred (quar.)__
Commercial • Credit Co., common
t
2 '/a %
'■
5-
$5C
.
9
4- 1
$371/aC
$3iy,c
v-
■
4-1
t
44-
$5c
$10C
■
1
3-10
3-10
1 X
4-
1
X
'
'
i20c
5-22
3-10
Connecticut
(quar.)
—
"
t50c
$433/4C
t$1.75
;
,
•;
.
4-29
3-31 v
3-12
3-31
3-12
4- 1
$18%C
—
«'
:
/
(quar,)*
I-
-*;'$45c
4-1
$183Vc. .'I
125c
4- I
.
fc»r4-'-1-'¥
»
•2-28
2-28
1
(2-28
2-28
&
(Toronto)
3-10
3-27
5-
1
Coke
6c
$$1.50
6-159-15
4-
*4- U
4
3-14
;,
6-io
9-10
;
5%
preferred .,(quar.)
75c.
•
/.;■
4-
1
3-14
75c
4-
1
3-
10c
—
$25C
V
$1
50c.
f
V4-.1
5
3-20
$1.25
4%
preferred
Series
preferred series C
B
..(quar.).___—
(quar.)_
4-
3-15;"
3-17
15c
3-15-.
3-28
3
-"3-
3-14"
1
3-20
$1
2-26
3-31
$1
(quai.)_
3-11
3-10
50c
4-
20c
3-20
3-10
ICC
4-
1
3-20
4-
1
3-20
—
(quar.)__—
1
3-20
4-
1
4-
1 'X,
$1.75
7-
1
7-
1
10-
1
10-
1
$1.75
4-
1
4-
1
3-
1
4-
1
3-
1
,
*
'
12VaC
4-
20C
X
3-17 :;x.
1
3-12
•X
3-31
;
50c
'
y
3-31
10c
5-15
-
3-14
5-
'
■
5
50C
8-15
8-
5
50c
11-15
11-
5
30c
4-
1
1
3-17
15C
4-
3-17
:
25c
3-29
3-15
f
3-17
2-28-
$1
8-25
$1
;":i 8-25
8-15
?
$1.50
1- I
6-20
.
25c
3-21
-
(quar.)——
62'/aC
preferred
b
Ltd.
3-
1
5
3-10
3-28 r
3-14 X
$43c
$35c
4-
(quar.)_
$25c
4-15
$35c
4-15
3-27
$25c %
5-
3-31 X
—
•---
Ltd.,
>
—
(quar.)—_
common
(quar.)
4-
<"
25c
8-15
.
(quar.)
Co., Ltd.,
Co.,
XX
12-23
3'/aC
$1.12 >/a
(quar.)
Corp.
(quar.)
Dairies, Ltd.—
Glass
12-23
(quar.)_
com.
4-15
$25c
—
1
3-31
1
3-27
i
H 6-30
8- !l
$$1.25
$$1.25
»
--
1;
3-10
X
5-
8- I
'1
6-30
3-31
tr
1
4-
5-
1
4-
1
4-
IX
3-
1
3-
5
Paper Co.,
$$1.25 X
4-1
$$1.75
4-15
$50C
4- 1
4-
(s-a)—_
common
r conVertlble"
$$1.12%
(E.
Massachusetts Street
1st preferred A
4-
1
4-15
4-
1
3-21
50c
6%
1st
preferred B
(accum.)
Racing Association,
$2 par and no par value
Eaton
&
Howard
Balanced
&
Howard
Stock
-rv,,/, liM
X
Edison
El
Pa«-o
3-15
Electric
3-15
Electric
Stores—
participating
Natural
50c
Gas
&
4;'. 1,
i
ll"
.)
...
1
-
3!
-
—
$$i;
3-14.'-'!'
3-14
3-31
3-31'
,
•<.
'
<
.
'■
!
'■
H
3-11
if.-
3-15
?.;*>
,
(quar.)_.—
—
$4.50 pfd.
$i.06y4
,•50c;
$i.i2ya
Co., common. (quar;).-r.
60c
(Irreg.)
5.X'
2-28
1
4
'
12VaC
•;v;.
5
4-
t$1.20
•
c
3-
3-25
-
.
! 3-2.1"
'3-25'
10c
(quar.).
Mfg.
9-20
3-20
1, j-.3-21
(;j
-4—...l_s
•>'
-
20c
.
(irreg.—_
Auto-Lite ; Co.__,—
Controller
4-
(
I
Works—
Electric-(Texas),
1
..
;
preferred
.4-
; $1.75
-:$i.5°
.
6-20
2.
——"
ordinary ; (increased)
3-12
10-
25C
;
!3-20
;
25c
;
(STt'K-)'
4^ 2 ;
:X,7-2
25c
-----
2
i '14-15'
25c
-
2
j-
! 12* 1
$6.50
Fund
,,3-31,
i-
25c
Fund——.
Eddy Paper. Co., Ltd.K common
3-li
,
!-
12-15 ^
~-
3-31
4-1
•i^9-15:°f
!,
(quar.)—
4-15f
3-15
V 3-10
$1.50
(quar.)—
Trust, Ltd.
Ecuadorian Corp.. Ltd.—
$i
3-15
3-31
,
$1.50
Inc.—
(quar.)
(quar.)—
Eaton
90c
3-20
X 4-15
;j $1
—
Economic' Investment
$1.-12 Vi'-
3-14
4- 1-.;
.
$1.50
(quar.)—:
preferred
4-1
25c
—
'
Oil
,4-10
3-20
,4-1 XX'3-14.
/:
$i.i2y2
$1.25
——
Steamship Lines, Inc., com. (quar.)
$2 convertible preferred
(quar.)———Eastman Kodak Co., com. (Increased quar.)
Dorado
4-25
75c
Eastern
Paso
3-1
3-10
$1.75
;
(quar.)_.
El
1
1
3-18
$1.12%
(quar.)
Brothers
4-
4-
2%
$1.12Va
(quar.)
A
(Bahamas)
4-15
75C
Railway—
1st preferred
6%
4-15
4r 1
vfx'.;
prior preference (quar.)
preferred
(accum.)
preferred
1
3-1
"
Associates—
Fuel
1st preferred A
$1
1
de Nemours & Co.—
I.)
&
3-
$1
Power
Gas
3-14
"
5-15
75C
1
$1.75
Co.
4% preferred (quar.)
Corporation (quar.)
.-r——
Corp. (stock dividend)-
Pont
Eastern
6
X
$1.75
$1.75
5-
El
_
1
12y2c
3-
y 5- l._:. 4-1
3-10 i
1
(quar.)j
4-1
'
3-31
4-
$25c
4>A%
___________
Consolidated Gas Electric
Light & Power Co.—
(Bait.), common (quar.)._—
__F_
4 Va %
'
__
Corp.
$2 par and no par value
X. $2 par and no
par value
Securities—
(quar.)_
3-15
4-
—
Car
5%
3-11
35c
(quar.)
Consolidated Car Heating Co.
(quar.) ™___
Consolidated Cigar• Corp." (quar.) _™___*__
Consolidated .Edison Co. of N. Y.,' Inc.—
--
3-26
:*;-4- i-r-
,t30c
Gas
Assn.
Quarterly
3-12
4-30
3-31
20c
Canada, Ltd.—
;'
j._—___
Life
$3 preferred
(quar.)™
Connecticut Light & Power Co.
Connohio, Inc.
Consolidated Bakeries of
4-29
;
3-31
3-10
$$1.50
Confederation
3-10
5-22
t 25c
4-15
3-31
-
,v:'; 3-15
3-31
35C
(quar.)——
6%
3-31
90c
X
Commonwealth Edison Co. (quar.)__:_
Commonwealth Investment Co. (Del.)
(quar.)
'
•
50c
preferred
(quar.)——
Commercial Shearing & Stamping
3-10
;*
4-
•H
X-
tioc
(guar.)
3.60%
2-28
1
4-1
$1&C
:•
3-15
'
3-31
12V2C
6%
•
$$2
3-20 X
1
$25c
$6
4-24
4-15
3-15
4-
25C
41/2%
3-17
1
3-10
3-22
$25c
Eastern
3-17
4-
3-25
$1
—
3-17
12VaC
37V2C
5
25c
(quar.)
Eastern
3-10
37>/2C
(quar.)
,
t3-'>7'V
.'44 1
)
87'/a C
preferred
(quar.)
Co., common
7%
preferred (quar.)
T7~7~'"Z\
Dun & Bradstreet, Inc., 4 »/2pfd.
^ar
Duquesne Light, 5% 1st preferred (quar.) —
Duval Texas Sulphur
3-8
4-
■
3-31.
;
$25c
$4.50
11-1
3-31
$1.50
$1.75
Columbia Pictures Corp.
2-28
12-. 1
—_
—
du
5- 3
2
J25C
(quar.)™
Fuel
IronColumbia Baking Co., commdn
"A» IV
1
50C
(quar.)
Duke
3-14
6-
87»/2C
preferred B
Colorado
4-1
*25C
—
—————
Colonial Ice Co.,
4-15'
75c
—
common
Brass
preferred
Drackett
3-14
$5.60
—
(s-a)
&
preferred
Duplari
3-18
1
4- 5
50c
(quar.)
Motor
preferred
Draper
3-11
1
4-
4-21
$250
3-15
4-
X- '
5-
$1
42 V2C
preferred (quar.)
Dow Chemical Co., common (quar.)
$4 preferred A
(quar.)
Dow Drug Co., 7% prefierred (Quar.)
12-15
3-25
3-25
75c
Colgate-Palmollvo-Peet Co.—
$3.50 preferred (quar.)
3-31
1-1-48
$1.75
.f—
________________
Semi-annual
3-14*
4-15
,
20c
35C
Chemical Co. (q'uar.)__
Cluett Peabody & Co., common
(Interim)
7% preferred (quar.)
4-19
—
A
4ya %
11-15
50C
________
Clorox
-
6-18
1
5-15
$1.12'/a
————
1
1
5-
25C
—
10-15
12'
7-
25c
B
Donnacona
9-15
11-
20c
!
10-
6-18
$1.25
& Chemical Ltd., com. (quar.)
voting trust certificates (quar.)_
preferred (quar.)—
Dominion Textile Co., Ltd., com.
(qua .)
7%
preferred
(quar.)
8-15
20c
3-19
$1
7-15
20c
—
3-14
4-1
87'/2C
(quar.t
6-14
8-
8-18;
1
1
Common
3-17
20c
.
1
7-
$1.25
Dominion Tar
5-15
20c-
—
t
4-
4-
——
(quar.)
Light, 4% pfd.
5%
4-15
20c
*
3-18
37 Vac
(additional)-
5%
'
1
1
2c
Malting
Common (quar.)
3-10
600
4-
Co.
non-cum.
7%
3-14
3-20
3-17 '
3-14
25c
—
(quar.)
common
(quar.)—
Dominion
3-10
3-31
20c
3-20
5%
5
3-20
3-13
3-31
3-31
$1.75
Dominion Foundvies & Steel.
5
1
% 4-15
1
$1.75
common—
Iron
"T"
Dominion
3-20
4-
4-25
$2
partic.
Class
6-20
25C
(guar.)
*___
;> Monthly
3- 8
60c
1
4-
$1.12 J/2
$1.50
30c'
Molybdenum Co.
Monthly
Monthly
3-10*
7-
50C
3-10
B
Dominion
8- 9
4-1
50c
3-14*
1
44-
$1.25
Doehler-Jarvis
$3.50
7
3-10
3-14
10c
preferred (s-a)
Dixie Cup Co., common
11-10
2-16-48
3-
3-31
60c
Giorgio Fruit, class A
$3
3-14
$1.75
$1.75
3-20
3-15
3-24
.
40c
-
—
Stores
Class
.■>
1—
3-10
4-15
8-15
(quar.)
(quar.)
<■
Y
N
Class
5-15
3-31
•
(quar.)
Gray
Diana
5-10
———.
$4.50
4-1
•"
1
1
350
55C
r-
Rubber,
Aluminum
Di
6- 2
9-2
$1.25
&
preferred
Diamond
;
8-15
3-17*
34%c
—
■Xv.';":
—.
3-17
8-10
1
50C
...
3-17
1
5-15
4-
10c
.
3-20
4-
-3-31
3-20
$5c
—
4-15
4-1
$1
$1.75
3-28
50c
—
25c
$1.75
■
4-
3-25
40c
(quar.)—-
3-20
•:
4-
$1.50
$10c
Foundry (resumed)
Detroit International Bridge
Detroit-Michigan Stove Co.—
5%
preferred (quar.)
5%
preferred (quar.)
5%
preferred (quar.)_
Devoe & Raynolds Co., class A (quar.)
3-10
3-25
l
3-31,
Co.
&
Co.
Detroit
3-14
$1
$1.75
(quar.)
3-31
$1.50
(quar.)
Detroit
3-14
1
preferred (quar.)
Cleveland Worsted Mills
$1.75
(quar.).
(quar.)
1
*
(quar.)*.——_w—.
preferred
1st preferred
1st preferred
Electric
Series
3-14
44-
common
1st
Common
% 3-13
■
v
4- 1
75C
$1.50
(quar.)
common
50c
621/ac
(quar.)
Illuminating Co.—
3-17
1
*
—
3-4
3-15
(quar.)_
$1.25
(quar.)"—1__———-
Cottons. Ltd..
3-31
(irreg.)_
7% 2nd preferred (s-a)
Cleveland Builders Supply Co.
Cleveland Electric
3-20
4- 1
4- 1
:XyyXl5cX.'-;
—^
Converters Co., Ltd.—
(quar.f
X 3-25
common
(quar.)„_
5% preferred (quar.)
Cinzano, Ltd.; 5V2% preferred (s-a)
City Ice & Fuel (quar.)_
City of Paris Dry Goods— ' %■«
7% 1st preferred (quar.)
1
4-15
25c
1,
preferred
3-4
3- 7*
preferred
prior
convertible preferred
Cincinnati New Orleans & Texas Pacific
Ry.
5% preferred (quar.)—
2-28
3-14
,
——:
common
Tool,
3-25
1
_
2-26
; 93%c
(quar.)—_
Canadian Food Products.
Ltd., com.
|i
7
3-14
—
(quar.)
Celane^e, Ltd..
Pneumatic
convertible
4-
50c
—
4-30
___—__
'c
3-20
3-15
75c
$1.50
—-
3-211
4-15
$1.31V4—
preferred--
(N. Y.) —
7% preferred (quar.)
7% preferred (quar.)
7%
preferred quar.)
7%
preferred (quar.)
Denver Dry Goods, 4V2%
preferred—_——.
Deposited Bank Shares, series A
8
250
Chicago Towel Co.,
Foundry Co., Ltd.—
(quar.)
Canadian
$1.75
&
3-31
i'"' 4- 1
45c
7% preference (quar.)
Chickasha Cotton Oil Co. (resumed)™——.
Christiana Securities Co., 7% pfd. (quar.)
Cincinnati Gas & Electric, 4%
$2 5c
——
50c
>
3-17
•
3-20
30o
2-26
.u.
(quar.)
Participating i_—
"^6'Oj. non-cum. convertible pref
Participating
,—_—i—
2-26
1
.
.
Co;__
!
3-
3-17
4-1
75C
(quar.)
Hudson
Dentists Supply
3- 6
4-1
3-31
87'/2C
—
Sugar,
Long Hook & Eye
5%
1
4-
50c
4- 7
3-15,
3-15
(s-a)—
1st
Transit
Power
De
Delta
1
4-1
$1.12 Va
—
$2.50
$15c
Canada Permanent
Mortgage Corp.—
;
(Toronto), (quar.)
Canadian BreweTies. Ltd.
(quar.)
Canadian Canners,
Ltd., common (quar.)
3-15
4-
$1.21
$3
50c
(s-a)
$1.12%
Extra/
''
A
(quar.)
2-20
Ltd.—
Packers, Ltd.-^ *
participating class
$1.50
Glass B
prior pref.
Chicago Mill it Lumber Co. (quar.)
5
4--1,.n
—
5%
2-28
3-
1
4- .1
Foundries, Ltd., common
6%* non-cum.
preferred, (s-a)
;
3-15
1st
•
3-15
&
Delaware
3-14
3-25
3-14
12>/2C
(quar.)—-
Inc.
Sugar,
Delaware
1
3-28
——
—-—
-----
preferred
Denman Tire
2-26
$25c
,
3-10
3-14'
3-25
1%
4- 7
$1.75
Canada Northern
Power Ltd.,. com,
preferred
(quar.)
3-20
4-
12yaC
common
4- 7
4- 7
15c
.
-
3-15
•
4-1
J40.C
——_____...—
.,.%%
1
3-31
r
3-20,
3-11
Davison Chemical Corp.
(quar,)—_—
Dayton & Michigan RR. common (s-a)
8%
preferred (quar.)
Decca Records, Inc (quar.)
Deep Rock Oil Corp
Dejay Stores, Inc. (quar.)—
5
Products—
Chamber of Commerce Building Corp.—
i;. Class A annual™
•
preferred
(quar.)
5% class B (quar.)
Canada Cement Co., Ltd.-—
$1.30
preference
(quar.)
Canada Crushed Stone,
Ltd. (quar.)
Canada Dry Ginger
Ale, common.—.,
$4.25
preferred
(quar.)
Canada Iron
:
1
4-
93 %c
—_____-
.
i
4-7
Forge Co., 5Va% preferred
(quar.).
Campbell Wyant & Cannon
Foundry Co.—
.
3-
pfd. (quar.)_
Irregular
Co.,
3-21
r
4-1
2Vs%
(quar.)—-—.—-—
Bread
3-
3-31
4-1
$25c
3-18
75c
dividend
Is
Water Service
(quar.) ——
Calumet ft Hecla
Consolidated Copper Co.—
4(4%
Stock
Is
—
Canada
Century Electric Co.,
Chicago
—————
'
3-31
3-31
prior
.3-20•:
3-20*
D. W. G. Cigar Corp. (Irreg.)
Davega Stores Corp
Davenport Hosiery Mills (irreg.)
David & Frere, Ltd., class A
(quar.)
3-20
3-21
$1.04
Is
Byers (A. M.) Co., 7% pfd.
(quar.)—.—
c; I. T. Financial
Corp. (quar.)—
Calgary & Edmonton Corp., Ltd.
(s-a)
California Ink Co.
-
3-20
3-20
4- 1
62 '/a C
(quar.)
IS;.
...
Camden
preferred
Certain-teed
3-14
3-31
4-
t$1.75
X $25C
—
$4
3-15-
;;h:3^ tv;
1
4-
$1.25
__—-
3-20
$2C
Chemical Bank & Trust Co. (N. Y.)
(qUar.)
Chesapeake & Ohio Railway Co. (quar.)__—_
Chesebrough Mfg. Co. (quar.)_
——
(accum.)
:
3-14
35C
Bush
^California
4.15%
Charleston
s-a)
quar.)
1
15C
Gold
3-14
'i
Piston Ring Co.
Steel, Ltd. (quar.)
Terminal Bldgs.. 7%
pfd.
6% preferred (quar.)
1
4-
$1
3-31
30C
—..
Burlington
Patricia
4-
4-.1
„
35c
-
$1.37 V2
(quar.).—
(quar.)
(increased
3-17
*
i2yzc
Cunningham Drug Stores, Inc. (Quar.)i
Curtiss Candy Co.. $4.50 partic. pfd.
quar.)
Curtis Publishing Co., $4 prior pfd. (quar.)
Champion Paper & Fibre—
(quar.)
(increased)
1
4-
$1.12 ya
(quar.)
$4.50
preferred
(quar.)„_
Chapman Valve Mfg. Co, (quar.)_—
(quar.)
Burd
1
5-20
$1.25
Inc.
3-1
4-
Co.—
(quar.)
Building Products Ltd.
Bulova
3- 8
L
(quar.)
Corp.
Co.
4-21
common
common
;
3- 4
4- t
preferred
3-14
(quar.)
Co.,
3-21
pfd.
(quar.)—
3-12
Central Vermont Public Service—
3-21
;<
1
4-
com.
3-14
3-31
32y2C
Mines, Ltd
Central Steel & Wire Co., 6% pfd.
(quar.)_
Central Telephone Co., $2.50
pfd. (quar.)__
3-10
4-
———
Bruncwick-Balke-Collender
2
2-28
3-31
...
Bruce
4%
4-21
—-
preferred
3-31
$1.02 y2
—
5-20
.Bristol-Myers Co,, 3%% preferred
(quar.)_.
Brown-Durrell,
coipmon
(quar.),.
5% preferred (quar.)
.___J
$3.60
v
1
4-
—
Co..
3-12
4-1
3-17
250
3-29
preferred iquar.)
5%
preferred (quar.(„
Cuneo Press, Inc.t common3Vb %
preferred (quar.)
3-12
1
i
93 %C
3-31
5%
3-12
1
$1.02 V2
3-31
American deposit
receipts for 5% preferred
registered
(s-a)
British Columbia
Power, Ltd., class A (quar.)
Shoe
3-31
44-
59 %c
—
25C
—
Brown
-
3-*8T
50c
5%
250
$1.75
Atlantic
3-14?
3-14?
4-1
$1.37'/a
—
(s-a)
preferred
preferred
7%
3-5
$1.18%
7%
i
Cuban
3-14
1
50C
Zellerbach
Co.
Cuban-American
—
$30c
f
i
Brown-Foiman Distillers
Corp.,
$4 preferred (quar.)
3-20
4-16
.
bearer
Central
3-25
4%%
(increased)..
for
3-20
4-
Corp. (irreg.)
Crucible Steel Co., 5% preferred (quar.
Orum & Forster, 8%
preferred (quar.)
3-14
3-17
25C
(accum.)
Crown
3-14
,
3-14-
;
_
(Irreg.)—
Co.
America,
A
•
25C
& Sons, 6% pfd, (quar.)
Ltd. (quar.)—
(increased quar.)
Drug
3-14
1
10c
(quar.)
com.
Illinois Light, 4V2% pfd. (quar.)
Illinois Public Service —
Central
460c
receipts
1
1
4-
30c
Central Illinois Electric & Gas,
4.10 preferred A (quar.)—
4.10% preferred B (quar.)
»
3-14
$$1.50
(quar.)
deposit
(s-a)
1
4-
$1
"
American deposit
receipts registered (final)
Interim
American
4-
class
3-18-
r
preferred
Crown
3
60c
Process
(N. Y.)
$1
(
3-31
Publishing Co. (quar.)——
Cork International Corp.*^-"
Crown
1
4-1
30C
common
of
4-
3-18
:
Electric—
A
L.»,
Co.,
1
25c
common—
Products, 6%
(C. B.)
<R-
4-
'
$1.12Va
Crowell-Collier
3-20
1.
75C
i
—
3-14
3C
—a.
Interim
Franklin
4-
3-7
$1.50
A
1
60C
British-American Tobacco Co., Ltd.—
American deposit
receipts ordinary (final)
...
preferred
preferred B
1
50c
——
British-American Assurance (Increased
Bciti;h-American Oil, Ltd. (quar.)
„
3-
4-
3iy4c
A
preferred (quar.)
Bridgeport Gas Light Co. (quar.)—
Br.iio Mfg.
Co., common—.--.-..-—,
%
3-19
1
4-
25C
-
convertible
1
4-
4* 1
-J-'C/ia,:
$1.25
___.
-5% %
4-
v
.
20o
——....—
common
5c
$$1.75
V
50c.
,75c
(quar.).l.^.————
-Distillers of Vancouver, Ltd.—-
Annual: (Increased)
;; „ Extra
Bridgeport Brass Co.,
3-31
$1.12 y2
^preferred
Brewers &
i
?
3-12
Central
(initial quar.).....
Brazilian Traction
Light & Power Co., Ltd.—
.
1
Central Hanovef Bank & Trust Co.
4-15,
(increased)
I
1
$1.75
4-
*
—
3-10
'
Millen, class
3-12
3-12
37V2C
*
Railway (quar.).—
Botany Worsted Mills, class A—*
&
4-1
3-27
$1
(J.
Central
,20c
Boston Elevated
Brand
40C
Crain
Crane
1
<
(quar.)
(quar.)——
Phosphate
Cottrell
8- 1
I.) Company, common™
preferred (quar.)
series
Wood
Coronet
3-22
3-10
3-17
(quar.)—.
Aluminum it Brass
Corp. (quar.)——
Booth (P. E.) Co., $3 preferred
(accum.)X-•Borg (George W.) Corp. (quar.).......,
Boston & Albany RR. Co
'
4-1
3-12
3-31
3-14
3-24
1
50C
$5.25
11-15
$2
3-17
2V2C
(quar.)
$1.25 preferred (quar.)
Bower Roller
Bearing
Brach (E. J.) & Sons
3-15
Cornell-Dubilier
Creameries
(quar.)
(quar.)
u
Catalin Corp of America <quar.) —i
Ceianese Corp. of America, common
(quar.)_
$4.75 1st preferred (quar.),
7% 2nd preferred (quar.)
Central Electric & Gas, 4.75%
pfd. A (quar.)
3-6
4-
1
3-31
preferred
Cornell
8-15
12-
3i/a%
5-15 '
1
25C
6%
3-15
3-31
f
1
(initial)
Biscuit
6%
3-21
3-31
30c
79VaC
——
preferred (quar.)—*
Tobacco Co.—
BOhn
2-20
4-1
3-31
69-
50c
_____
$1
3-15
37>/aC
Carriers & General Corp..
_____!—
Cassidy's, Ltd., 1% preferred (accum.)
Carthage Mills, Inc., common .Urreg.)
3-21
1
1
25C
1%
3-15
4-
3-22
4-
37y2c
Co.
Case
4-18
-
4-1
50c
Laughlin, Inc., common——.——
pfd.
3- 7
3-31
1
50c
(quar.)
3-15
5- 1
4-
Carr-Consolidated
3-20
>
$3 prior preferred
Corning Glass Works,
2-28 r:
...
4-
53c
—r
3-14
.
3-31
;
40c
$4,50
Cooper-Bessemer Corp.—
1
3-1
3-13
1
(quar.)
Carey Baxter & Kennedy (initial) —
Formerly known as Southern Phosphate.
Carnation Co., Aft 1st preferred (quar.)—
Carolina Telephone & Telegraph
(quar.)....
3-15
3-31
3-
4-1
37y2c
Preferred
3-14
W#fl5;;:
$1.75
convertible
preferred
1
SVaC
Decker Mfg. Co. iquar.)
Sivalls & Bryson, common
,Bqbbs-Merritt Co., 4%%
.
4-
50c
&
6%
>.
2-28
3-14 V
8iy»c
—
___
Brothers
1
1
4-1
4-
Power,
'• 3-28
>
350
$19C
(initial)
.
—
Carborundum
—
&
4-
4-
Canada,
50c
3-14
1
:
-----
2-24
$50C
(quar.)
43%(r
3-31
4-
15c
(quar.)
Preferred
7
,
pref.
*75c
Trust—
pld.
(qua:~rar~T
(Chicago) (quar.)
Continental Baking, common (quar.)
$5.50- preferred (quar.) ___*_—
Continental Can Co., $3.75 preferred (quar.)
Continental-Diamond
Fibre
(resumed)
Continental
Foundry & Machine, common
5%
preferred (quar.)—
Continental Oil Co.
(Del.)
--"j-Tr.'ITr"4"""
Continental-United
Industries
3-20
(quar.)l
Capital Transit Co. (quar.),
Capwell Sullivan & Furth Oak—
2-28
.
1
$35c
—
Consumers
3-20
4-
Investment
Continental Assurance Co.
3-14
4-1
Co.
1
—
,5%
BJoch
Shoe
4-
.$$2
5-1
$1
3-15
$25C
3-14
5-15
$37y2c
3-
;
3-27
Co
3-
%% $15c
3-31
t$1.25
(quar.)
Mills,
1
—
fX;,; Bliss
A
1
_
Black
Class
1
__________—
Biack
Class A
"
3-13
1
4-
Corp.—
1% ■■ preferred (quar.)
Bibb, Mfg. Co. (quar.)
Extra;
X—
Bingham Stamping Co., com.
(increased)
•$ % convertible preferred (quar.)
Birmingham Electric,-jcommQu——--i—
."4.2 % preferred
(initial)
-Bishop Oil Co. (quar.).
«;
3-15
4-1
4-
$$1.75
_
Hosiery
4-30
4-15
J20c
Ltd. (quar.)
Wirebound Boxes, Ltd.—
(this payment clears all arrears)-
$1
$$1.50
—
_______
Hedges,
^Bethlehem
1
3-15
t$1.75
$750
-
Westinghouse Co.,
4-
Aviation
&
4-
$1
—
•
Canadian
4-
prior preferred
Benson
7*
50c
i—
(quar.).
—XAi;.
Corp
Beneficial Industrial Loan
.Corp. (Del.), com.
$3,25
preferred : (quar.)__
,
3-
3- 7*
3-31
3-31
3-31
$$2
preferred (quar.)
Canadian Pacific Railway Co
•
3-28
4-15
4-15
$17V2C
(quar.)___
5%
J50c
(quar.)
r-
,,
3-14,
r
J50c
;'$% preferred (quar.)
BeiUTelephone Co. of Canada
iquar.)—--*;
Ben-rHur Products, Inc:—
$1.75
1
4r 1"
50C
(quar.)
(quar.)
Glove
common
Bendix
Ingersol Rand Co._
Canadian Oil Cos., Ltd., common
8 %
preferred (quar.)
j
Holders
Payable of Rec.
Share
-
(irreg.)
—yrr
Consolidated Lithograph MIg., Ltd
Consolidated Retail Stores, common
4»A% preferred (quar.)
Consolidated. Steel
3-15
$$5
-,,
Canadian
>
84 %C
__
(quar.)
Packing Co.
Belding-Corticelli, Ltd.,
■%,
7
3-20
Canadian
(quar.)
Creek
7%
3-
3-17
4-
,
■
3-10
-v
wX $1.12%
(quar.)
class
Bcecn-Nut
.Ltd.,
3-10
S
Company
'h (Boston)
6-31
*20c
Canadian General Insurance Co., Ltd._
Canadian Industries, Ltd., common
(quar.)_
7%
preferred (quar.)__
—W
see
3%%
Beech
1
2-28
4-1
7-1
4- 1
,
$17J/aC
_______
Extra —:
;
1
3-31
50c.
,
,
.
1
4-
4-1
.
40c;
(quar.).——-
3- 4
450
;:f:,
J:t,
Ludwig Ban man—
%;>%;
Bausch & Lomb
Optical, 4% pfd. (quar.)__
Beatl'ice Poods Co., common
(quar.)—
Beatty
44-
v
$1
Investment,
quarterly
'
'it
4-21
$750
$750
$$2
'
(quar.)_
Ltd.—
General
Name of
Consolidated
-
Increased
When
Per
''
Ltd.—
Quarterly
Canadian
Holders
Payable of Rec.
^
Canadian General Electric
Co., Ltd.
9
Mcnday, March 17, 1947
When
■
Share
Foreign Investment Corp.,
f;Quarterly
9
12-
1
4-
$1.75
,
9-
6-11
40c
———
(s-a)
preferred
Bauman
Name of Company
6-10
•'
~
1-2-48
•
$1.25
V."
m.
1
3-11
10-1
25c
(quar.)_
1
7-
'
8%C
83/4C
(quar.)
Bastian-Blessing Co. quar.____
Hates Manufacturing Co., corn, iquar.)
"■.r 4
4-
8%C
Y.)
(quar.)
(quar.)
Corp.
Co.
,Y
Payable of Rec.
8%C
,
-
,
Bankers .Trust
Baroer
pid.
com.
Per:
Canadian
preferred (quar.)
& Sons—--—-—
Hydro-Eiectric Co.,
preferred (quar.)
preferred A (quar.)
1st
;
Holders
'
'
•
(quar.)
''
'
;;
/
;7%converlible preferred (quar.)—
'..7% convertible preferred (quar.)
I,
When
Per
Baltimore
X
4-1
3-19
3-'
4-
f
3-20
3-14
I
r3-31
•,•'4
^-.-=-^.-.--5.
$1
y 4,-
'
1
*3-20
.;
Volume
^Number 4577
165
THE COMMERCIAL & FINANCIAL
CHRONICLE
When
Per t,:
Name of Company
y
Electric
Ferries,
7
■>,
Inc.,
7. /
Share
(quar.)
7'
6% prior1 preferred (quar.)—
;__7
Electric Power & Light, $7 pfd. (accum.)
$6 preferred (accum.)
common
$1.75
4-
$1.50
___
Genessee
3-10
4-1
1
Class
3-11
.
Class
Refractories &
Alloys Corp.—
Common" (quar.)
—'—
7
5% preferred
(s-a) ___________——-_——
Electrolux
Corp.
(interim)
A
B
Elgin National Watch Co.
(quar.)
Elliott Co., 5%
preferred
Ely & Walker Dry Goods
'
40C
62'/aC
4-
(quar.)
C-
Emerson Drug Co., 8 % preferred (quar.)
•8% preferred' (quar.)
Emerson Electric Mfg., com. (resumed)
50c .:
preferred
(quar.)
"
;——
5-15
1
4-1
7
3-15
3-15
$1.73
.
Gleaner
5-31
$2.50
3
3-13
12y2C
3-29
3-19
30c
4-15.
3-31
Gold
4-15
3-31
Golden
A" 1
3-15
\ 4%
Products
Co.
Inc.,
(quar,).———__
(quar.)
common
Extra
preferred
Ex-Cell-O Corp.
(quar.)
25C
—
Company
Fabien
Textile
4-
65c
—
Exolon
.
(irreg.)
___—
Printing
Co.
20c
—
(quar.)
7:
_______
Family
Finance
Corp., common
preferred (quar.)
(quar.)
4-
2
3-8
Fanny Farmer
Candy Shops,
74-'l "
3-
/
8
Federal
Mining
'Federal Motor Truck
JFeltman Si Curme Shoe
Common
'
5%
■■
Fenton
•
'
■
7 '7 %
Ferro
United
preferred
3- 8
Great Britain ft Canada Investment
4-
1
3-15
Great
3-25
3-10
"7;
20C
——_
Special,
3-31
'
4-
1
3-
1
3-
1
„
'
(quar.)
—
is
8
4-1
$3
3-31
6214c
3-27
3-
50c
3-27
3-7
Gulf
*.
Stores, 7 % pfd. (quar.)
.1% preferred (quar.)————.....
17c preferred (quar.)
Fleetwood-Airflow, Inc. (initial quar.)—
.6-
1
5-20
9-
1
8-20
10c
3-31
3-15
3-20
3-
(quar.)
.
4-
20c
$1.18%
■::/740c
4- 1
->
4-
7; -20C
7
4-
.."•'87c
prior
preferred
Foster-Wheeler
6%
Corp.,
(quar.)—
Fostoria
Pressed
4-
1
1
37'/a C
.
4-
,
37'/aC
—
*
87^0-
Steel—T-.
1
9-15
(quar.)_
(irreg.)____
Refractories—
■
(quar.)__
(quar.)
...
preferred iquar.)___
$1.25
25c
3-31
3-31
3-20
Hazel-Atlas
Fox De Luxe Brewing Co. of Michigan—
.
Quarterly
Franklin
Fiaser
25C
>
.■.
Process
Ltd.
7
3-20
3-20
4^ 15
$50C "
Quarterly
Froedtert
3-29
(quar.)
10c
5-15
10c
8-15
common—
i2y2c
4-30
55C
4-30
i2yzc
4-1
Realty Corp.
—.—
Grain
ft
Malting,
(quar.)
$2.20 preferred
Frontier Industries—--———
Funston
E.)
Co.,
convertible
.4l/2%
<3air
(R.
—
15c
common
preferred
(quar.)
Co., 67c preferred (quar.)—
Co., Ltd.——
—
—•
•Galveston Houston Co. (quar.)
■Gannett Co., class B conv. preferred (quar.)
Garfinckel (Julius) & Co,, common (quar.)5%% preferred (quar.)—
—------4J/a7c
preferred (quar.)—-—-
(quar.)
1
7
4-15
•
3-20
1
.
3-21
3-31
33-
1
7
25C
4-
$1.50
1
4-
1
'3-14
34 %c
3-31
3-31
IOC
■
6
-
—
——
(increased quar;)_
——
Mfg. Co., $3 preferred A
General
American
(qua*.)
4-
1
3-
1
3-
1
4- 1
3-
1
75C
—
Brewing
(quar.)
$1.12%
62yac
Corp.
preferred
General
.$1
Painf Corp.,
^preferred
com.
5c
/General
$1.25
(increased
(quar.)
$1.25
■General
•
General
4VV%
Co.—
quar.)
Instruments,
preferred
(quar.)
7
,*3%%.
5-.15
5-15
(quar.)
„_
(quar.)__
,.2ky*(/c 2nd convertible preferred (quar.)Tv*
5-
Motors
1
3-25
5:
(quar.)
5-
4-
1
Co
(quar.)-i.—
(quar.)
Lpreferred
common
,
preferred
'(quar.)
Tobacco
Co.
of
(final)
Ordinary
-
3-31 *
*
Indiana
414%
(final)
$1.25 *
$1.25
3-28
3-ji;
&
9-20
12-30
12-20
3-20.
4-1
3-31
3-13
1
3-14
Indianapolis
1
3-14
Water
preferred
Co.—
series
A
2-18
3-31
2-18
3-31
2-18
7Va%
■■
2-26
3
2-26
4-30
$1.03 y8
^
4-
A
1 :
21C
:
(quar.)'
——
7.'y-
yV.,'.">
Ltd.—
(quar.)
777
..4-15. "
$1
$1.25
3-27
3-
3-20
35c
5*
3-10 v
4- 2 '
'
common
'
preferred
4-
25C
3-17 V
'•
V 3-12
;
7;1"
,
,
3-31
v3-31
3-:
7
3- 7
1
3-20
A
3-
81
5-15
5-
5.;; "
4-
1
4-
30c
7'.
6
1
4-
1
3-15'
!
i:
3-15-;-
3-31
15c
3-
4-
'
$1.75
(quar.)
3-
A- 7
■
8
3-28I
3-17 ^
3-31
37 VaC
4-
1
4-
1
3-18
25c
3-31
2-28
3-31
2-28
3-21
3-5
35c
4-
1
3-127
$1
(quar.j_
$1.12Va
25c
preferred
4-
1
(quar.)
-
(increased).
preferred
(quar.)
—;
$1.12% 774-
3-12"
4-
1
25C
3-12,
7 ' 3-12
1
25c
3-25
$lc
5-
25c
3-10
1
3-28 ;
3-20,'
•4-1
55c
2-5
3-21
3-13.
4-
1
3-20
7'4~
1
3-20
■
40c
$i;
$1.50
4-1
3-15
$1.50
7-1
8-16
$1.50
*.
10- 1
9-15
$1.75
5-1
(quar.)_
10^15
,
3-31
3-31
4-
25c
—
,
;
■
1
4•
3-28
,
3-31.:
$25c
;
1
20c
15c
—
Machine
7"7-15:
11-
;$^5
.
•
—
4-15.
8-1
SI.75
$1.75
5C
Co
2
3-15,
3-177
3-28
.
3-15
4-
7
3-24
1
3-21
C2%C.
4-
1
3-21
5-
1
4-30
25c
5-15
25C
8-15
25C
11-15
Power
Ltd.,
i.
&
7%
conv. pref.
(accum.)
preference
(accum.)
preference
(accum.)
Stamping Co.
S3
7 125C
4-
$75C
5-
1
M
5
5 :
8.
11-
:
5
3-10
6-J1
;
6-' 4
convertible
$75c
9-11
9-
$75C
12-11
12-
7'fk
4
convertible
4
—
&
Company,
common
'
...—»
(qua>:.)»——
$2.50 preferred
(quar.)—
Lefcourt Realty Corp., prior pfd. (quar.)
Lehigh ft Wilkcs-Barre Corp. (quar.l__^.
Le Roi
Co.,. common
414 Vf convertible preferred (quar.)
Lewis Brothers, Ltd.
(quar.)_
5c
3-18
25c
:4- -1
3-15
7.4-
3-15
62 %C
37'/a
3-
1
4':
c
4-15
4-
$2
3-22
2-26
7C
4-
1
3-22
56%'c
4-
1
3-22
4
Aircraft
Liberty
Products
Corp.
Liberty Loan Corp., class A
(quar.)
4-30
7-31
10-31
12-31
3-28
3-18
20C
common
.
9-30
1-31-48
25c
—
7^——1.^;
I25c
$25c
Quarterly
Quarterly.
$25c
$25c
'
4
3-15
Hvf
4- 1
,
•i0%
•
Co
ft
4-
America—
—
Light
■
l'
IOc
Ltd. (s-a)—;
(quar.)
of
■■
3-21,
1
4-
4-
3-30 v
6-30
1
V
-
3-2
"
Class
50c
B
common—
preferred
Liggett &
l7^7-«-
(quar.)
Myers
.1.
Tobacco, 7%
pfd.
Quarterly
3-21
1
4-10*7.
7' 4- 1:7
$1.75
50C
3-27
3-17
5-
4-25
1
(s-a»_
Pipe
—
8-
1
7-26
11-
1
10-25
5
Corp. of Texas, $5 pf.1
77
3-11
25c
Co
Lipe Rollway Corp., $1 conv. pfd. (quar.)
Lipton (Thos), 6% preferred (qrar.)
Joint
17
5-
25c
^
Petroleum
Linen Service
Lock
4-
25c
—
Quarterly
Quarterly
Lincoln
_
?0C
12 %c
;___
(quar.i
Lima Locomotive Works (quar.)____
Lincoln National Life Insurance Co. (Ind.l—
c
4-
1
3-
42.50
4-
8
2-15
3-15
4-
37 VI' c
1
3-31
25C
preferred
LockC Steel
Loew's,
Loews
Inc.
Star
&
Co.
(quar.)
3-20.\
1
Corp.
5'%
preferred
3-21
Common
1
3-15;'.
4-
1
3-15
S
3-31
3-11
isi
3-31
3-10
.75
3-31
3-10
37 %c
3-11
73-29
3-31
3-15
S2
4-
1
(interim)
25c
4-
1
3-/7
4-
1
50c
v
$1.75
—
-
(Ky.), common
——
Louis
Ry.
3-29
4-25
$1.25
4-15
3-31
4-15
3-31
'7.
3-11
.
3-31
Co.—
$4
8-15
(s-a)
$2.50
8-15
preferred A fquar.)—
$1.07
<M.)
preferred
.
3-
12%C
37VaC
3i%c
(quar.)
& .St.
-r
3-17
(s-a)
non-cum
Lowenstein
4,Vi%
3-22
4-
87 %C
(irreg. >___
(quar.)
($25)
1
:———
Electric
Henderson
—
(quar.)
Cement
(quar.)
Co., common
7% preferred (quar.)
Los Angeles Transit
Lines
preferred
(quar.)
—
(P.)
Gas ft
com.
(quar.)
Cement
Louisville
—
Theatres, Ltd.,
Portland
Taylor
Lorillard
_'5%
—
4-
30c
—
3-31
S2
(monthly)
(quar.)
preferred
Longhorn
Lord
Chain
(Marcus)
7%
Co., common
(quar.)
SI
10c
78%
5%
:;t37VwC
,
}$1.25
4-17
be
£
6 '
3-
4-
50c
7
3-20
1
15c
Louisville
'
1
5-
$1.25
_•
3-15
•
3-20
25c
'
.
•;3-15;
$$1.50
Lone
4-3
4%%
_y
(quar.)
Industrial Acceptance
Corp.,
$2 non-cum. class A
convertible
3-31
Share Corp.—
4-
7 t5%,
3-19
6-20
■3%
y—
—___„
3-31
3-21
3-29
& Ireland—
(increased).
4-
3-21"
3-20 7
3-15
"3-15
3-31
$20c
& Michigan Electric—
preferred
(quar.)«_._
Tndianapolis Bond
3-31
3-20
1
9-30
'
50C
_______________
3-10
3-31
3-10
6-30
;
$$3.75
—
Investors
3-10
57o
3-20
.4- 1
$1.25
;
*
3-31
$1.25
__y_
3-25
4-5
4-
$50c
:_
4-10
3-31
$$1
—y
Bonus'"
Incorporated
1
m.
20c
—
3-20;
3-20
.
$1.50
(quar.)
1
7 $10c
4-1
8*^3-31
4-18
Canada, Ltd.—
25C
93 %c;
1
1
3-20
40c
.(quar.)
—
$1.06 Va
$1.06 J/4
•
60C
Bell Telephone
(reduced)—,
Imperial Life Assurance Co. of Canada—
50c
3
4-
$1.75
.
;___
Indianapolis Power ft Light,
4% preferred (quar.)
25C
3-20
7y2c
Illinois
"
3-31
3-31
3-12 7
4-
56 %C
—
— __
6% preference (s-a)
Imperial Tobacco of Great Britain
3-10
1
5-1
5-
3-27
$1.50
Interim
3-17
25C
4'-:
(quar.)
(quar.)_
(quar.)
(quar.)
(quar.)—
preferred
Ordinary
3-17
1
25c
Mfg.
5%
ImDerial
1
44-
$1.50
.____—„___
8
(quar.)__
Steel
Loath
1
3-
1
4-
'
3-14
V7
4.
60c
preferred
Foundry
Lansing
3-20
45C
preferred
■
(Toronto)
5- 1
25 c
$1.37 y2
—
.
25C
$1.50
Rubber, 414 % pfd.
preferred i, iquar.)__;
Electric
5%
5-21
common—_— '
com.
convertible
preferred
preferred
5%
4-7
$1
General Tire ft
/
1
5-
■3714 c
(quar.)
3-
:
30c
preferred (quar.)
Mortgage (Ont.)
5%
3-17
6-12
(quar.)-.
Telephone Corp., (increased quar.)
Time
2
-25c
FrpcLsion Equipment—~L_.———-
Refractories
4-
3-27
3-20
3-31
V-
31'Ac
■
2-28
3-28
7%
4-10
20c
preferred
i.
2-28^
2-28
1
-A-
$1.75
v
(quar.)__.
2-28
7%
3-10
Huttig Sash & Door—
1
$1.50
6%7 preferred
General
4-
3-20
1
74f':l:2.7 3-10**.
5-1 '.7 4-7
93%C
:
_____
Railway Signal Co.,
(quar.),
6%
'
preferred—juar.)
•General
•
6%
Extra
5-10
4-15
777fi25c7:7-
———
'GlneVal Ptiblfc Service, 86 preferred
$5.50
preferred (quar.)—
$4
Corp.,
5-15
4-
•
9
2-28
■
■4-1
!
50c
preferred
Gas
Langley's
3
3-15
4-10
$1.12 y2
Manufacturing Co.___
Huron St Erie
4-
7 $1.75
common—
^convprtiple 2nd preferred
1
3-17
._
______
•
Howell
3-14
5-24
3-
1
3-20
$1.06%
Hummel-Ross Fibre, 6 %
3-31
3-10
5-15
1
4-1
-
8-
11^10
.Quarterly - 7^,4.^7-——7—'
Quarterly
Tjang (J. A.) ft Sons, Ltd. (quar.t
3-177
50c
-
3- 8
4-25
4-
4-
:
Paper, Ltd. (quar.)_
Lamson ft Sessions Co., $2.50
pfd. (quar.)
Lamston (M. H.), Inc., $6 preferred (s-a)^—
Landls Machine Co.,
(quar.)———
*
3-31
$1
$15c
—
3-20
25c
Inc., 57o
-
$6c
(quar.)__
3-10
1
$1.25
(quar.)
(quar.)
(quar.)
(quar.)
preferred
2nd
2nd
Lakey
2-28
7
■*
Mining Co. (increased)
Electrochemical
Co.—
Gibson
$2.25
/
8
3-19
1
2nd
Lake St. John
3-3
■t 4- 1
Ltd.—
;
—
3-
40c
preferred (quar.)__
'General Mptqrs, $5 preferred (quar.)
t$3.j5 prjefetrred' (quar.)———-
■
Mines,
1
3-31
4-
3-31
preferred
Laclede
3-18
4-
preferred
1st
Laclede
4-15
25c
Gold
3-25
;7
3iy4c
—
OUtdbbr Advertising,
:\$7c} preferred (quar.)
3-21
3-10
3-20 7
3-28
3-21
i
4-
$1.06 y4
—
3-25
4-25
1
4-
'
X1V4%
(quar.)
La Plante-Choate Mfg. Co.
Labatt (John)
Ltd.
(quar.)
3-20
25c
'A-
7
(quar.)
(quar.)
La France Indus! rie.3, 4%
preferred
6%
preferred
i
3-31
$25c
common
2nd
1st
7%
y
8
25c
(quar.)
ft Whitney, $4 pfd.
Co., Ltd. (annual)
Humphreys
.•General Firegroofing Co., 77c pfd. (quar.)__
General Instrument Corp.
(quar.)
•GMe^al
;
1
x$1.75
(quar.)_
preferred (quar.)
7%
■
8 7
3-
Houdaille-Hershey Corp.—
2-21
1
1
'3-15
!3-
)
35C
Inc.
20c
—_
Mills.
1
1
50c
60C-
(quar.)
•jCpmmori.j J&uar.)
44-
...
1
4-
convertible
7%
3-17/
3-1514
2
12-
5-10
25c
6%
50c
Howes Bros. Co., 7%
preferred
Hubbell (Harvey)Inc.
JV2 C
(increased)
Bronze
convertible
3-20
$2
General Electric Co..--——————
General Finance Corp., 5 7c pfd. A (s-a)
General
Hoskins
Hotel
Corp. (quar.)
General Builders Supply Corp.—
57c
3-22
Investors—
General Baking Co., $8 preferred (quar.) —
General Box Co, (quar.)————-—._
General
1
4-
4" 7 4-
25C
Canada, Ltd.—
__d
414% preferred (quar.)
Hoover Company, common
414 %
pre*erred (quar.)
Horder's, Inc.
(quar.)
1
4-
$1
»25c
Sons,
•••'
■
4-.; L
$5c
Hooker
1
$25C
General American Transportation Corp.
General
3-
S'
3-31
r.
9-
30c
15c
—
s.
6%
3-14*
4-1
>•
$1.75
7 3-10
3-25
$$1.25
——
Gemmer
preferred
'
,
Hollingswortli
Hmne Oil
$$1737
%
preferred
(quar.)
6ya% preferred (quar.)
$4.50
ft
.45c
91 %C
Homestake
ft Co.—
1st preferred (accum.)
Gatineau Fower Co., com.
'Reduced'
3-14
.
i—
Co
Consolidated
3-14
,
3-20
15C
—-
Hollinger
Gary (Tiieodore)
$1.60
(A.)
3-20
6-10
1
of
;
Furnace
1
4-
4-
25c ;
Dauch Paper Co.
Hollander
3-15
28J/aC
Parts
v
Paper Co.__
Quarterly
Holland
3-17
3-31
37 Vac
Dauch
Hinde &
6
3-25
ft
3-20
6-27
2
117c
,,,
1
7
2-28'
30c
Knott Corp.
(quar.)
Kcppers Co., Inc., common————
4% preferred (quar.)___-_Lw7^.^_L_—7—^
Kroger 60., 6% 1st preferred (quar.)——
2-28
3-14
4-
7'
3-
3-20
> 6-
r
(quar.)
Knights Life Insurance Co.
'..Stock dividend
3-12
4
1
50c
Ccrp._
Co.
(increased)
Powder
3-21
3-31
30C 7
Hershey Creamery Co. (quar.)
Hibbard, Spencer, Bartlett Si Co.—
Monthly
2
.y! Monthly ■ :4;-——
;
Hinde
3-21
30c
Motors
Hercules
4-15
$$1.50
—
Corporation
1
8-
,
1
4-
56V4c
(Robert)
•Gait Brass
Garrett
4-
5;
Hercules
3-21
3-26
3-
3-24
30c
(quar.)
$5 preferred
Kirkland Lake Gold Mines,
Klein (D. Emil) Co., Inc.
3-31
4-
$1.50
Co., .common.,(quar.)
preferred
1
75c
(quar.)___
(quar.)
Helme (George W.) Co., common
7%
preferred (quar.)—
3-29
4-25
(H. - J.)
3.65%
3-12
4-25
m
Friedman" (Louis)
Hein-Werner Motor
HeJnz
iZ
4-;
75c
7,
(quar.)
1
'
'25C
Co.—-
Companies,
4-
'
.:5—i——r————
1
4-
50C
4-15
Co,
3-21
4-
3-24
7C
Kingsbury Breweries Co. (quar.)
King-Secley Corp., 5% conv. pfd. (qr:ar.)__.
Kinney (G. R.) Co., common
7
4-15
;
.
$10c
_—
Hartman
Glass
4%
'
(quar.)
$8
1
1
4-
$1.25
$1.12Va
(quar.)
4-
3-15
25c
Company (quar.)
Kimberly-Clark Corp., common
3-15
4-21
3-15'
4-15
Xl%%
Company
4V2 %
3-25
3-15'
1
4- ' 1
5% preferred (quar.) p.--' $1.25
$4.50 preferred (quar.)
$1.12Va
Drug Co.,
3-15
4-15
4-
'
V-':'25c
Kerite
3-21
3«31
3-31
50c
Special
'
15c
25c
4-
3-10
$1.50
preferred
2nd
7
Brewing (quar.)Fox Ds Luxe Brewing Co. of Indiana (quar.)
Sixth
4-1
;25C
Tobacco, $3 non-cum. pfd. (quar.)
Hawley Pulp ft Paper, $6 pfd. (quar.)
Haytian Corp. of America™—
West
3-10
3-31
$1.25
■___
com.
common
Company, 4'/2%
Kennecott Copper Corp.
3-15
1
3-12
jtiy4%
Kendall
3-15
1
4-
3-15
1
(quar.U
(quar.)
Kelsey-Hayes Wheel, class
v
,
.
3-29
(Peter)
l
4-
7
25c
4-22
Fox
1
3-3
7; 4-
1
1
4-
2c
Co., 7%> preferred (quar.)
Xelley Island Lime ft Transportation Co.—
Irregular
3-10
$1.12 »/a
j
25c
Four-Twelve
11-
1
3-17
$1.06%
Winkle-Munning
Hartford Fire Insurance Co.
3-20
Katz
1
3-20
$1
(quar.)_
t35c
of Canada,
12-
8-
4-
4-
$1
(quar.)
Co. (quar.)
Battery
3-10
50C
$1.50
Kaynee
25C
20C
pfd.
W.
1
6LC
i.—
Company,
3-14
43%C
(resumed)
Co.,
preferred
'7
Kansas Electric Power,
5-1
25c /
-
Ltd. (quar.)-—_
Co.——
Foundation Co.
K.
.
3-20
Manufacturing Co.—
5%
6-16
1
Inc.
Harrisburg Gas Co., 414% preferred
Harrisburg Steel Corp. (quar.)
Hart Battery Co., Lf.d.
(irreg.)—
3-15
,7- "17- :
10-
3-7
0-1
$20C
.___
preferred (quar.)
Harnischfeger Corp.,v common
3-15
5%
3J-
3-14*
•
(quar.)
preferred
Kawneer
$20c
t
Tea
7
3-29
4-
_•
Y.)
Supply,
Glass
3-
(s-a)
Johnson, Stephen ft Shinkle Shoe Co
Jones & Laughlin
Steel, common
■7 3-7
6-1
Water
4V* 7c
3-12
4-1
,y
common
preference--
Jewel
3-15
3-18
1
B
3-14
3-29
$75c
preferred (quar.)
Jessop Steel Co., 5% preferred
3-19
4-
COi
(N.
3-28
3-28
50C
—
7%
3-11
1
4-
40c
75C
p.reference"-p,—
6%
2-28
7 4- 1
$20C
■
5%
■
7/75-1677
7
Chute
2-18
v:$i
'
''
Manufacturing Co.
preference
Jeannette
3-28
$1.50
6%
3-15
4-
:7
$3
n
1;
*
Harbison-Walker
3-15
25c
1
—
7%
Jamaica
4-1
$1.50
;
$6
—
7%
3-16
4-1
(quar.i—_
(quar.)
Service, Ltd.,
preference A (quar.)
3-11
2
Co.,
4-T c-
1
3-20
(quar.)
Public
1
•
3-29
i
25c
Preferential participating (quar.)
3-15
37y2c
common
$50
30c
Fireman
Irving Air
3-11
3-20
$1.25
.,
5%
prior preferred (quar.)
prior preferred (quar.)
prior preferred' (quar.)
6%
'87c
Co.,
Hanson-Van
3-15
1
46-
txa/4C
.
Royalty
4-1
it
25c
(quar.)
3-
V
$1
pref.
7
>■_
•:7
Foundation, Ltd.—
Irving Trust Co.
3-10
1
4-1
Silver
convertible
Jamaica
3-10
•
3-13
1
Quarterly _____—I—__i—„•■
Quarterly
3-10
4-1
75c *
(quar.)____
Brothers Stores,
Hamilton
,3-17.
3-117
1
3-31
U2y2c
5
Foster & Kleiser Co.—
1
common.-
$5 preferred
;
2
/' 4-
50c
v
34 %c
4% preferred (quar.)
Hammermill Paper Co., 414%
4Vt7o preferred (quar.)
3-5
3-31
50c
—
1
A-
•'l
25c
lh'
4-
Iron
2-28
2
4- 2
$1.06%
(quar.)
5
3-
1
3-31
1
5-
1
14CC
8% preferred (s-a)
Investors Selective Fund
*
(W. F.) Printing
(quar.),
Haloid Company, common
11-20
25c
common
1
12-
17VaC
2-28
$5c
Hall
—
preferred (quar.)-.—
Florsheim 'Shoe, class A———
_• X51a§s B
.———I-————
Follansbee Steel Corp.
(increased)—
Food Machinery Corp. (quar.)—__.
Foothills Oil & Gas, Ltd. (interim)—
Power
Hale
i7y2c
;4%7o
Corp.
Quarterly
Quarterly .'
Quarterly
7
i7y2c
—
3-31
$1.75
_____
preferred (quar.)
Gypsum Lime & Alabastine (Canada) —
;
*
3- 3
25C i
estimated.
—
Oil
3-20
40c
preferred
Gulf
6%
,3-15
30c 7 % 4-
y...
"
3-15
4-15
4c
i
•
1
Guaranty Trust Co. (N. Y.) (quar.)
Guilford Realty Co.
(Bait.), 6% pfd. (quar.)
3-15
3-31
$75c
(quar.)
Sugar, comrr)on_
Guantanamo Sugar Co.,
8
3-
3-20
preferred
Group No.; l Oil Corp,, (quar.),
Gruen Watch (quar.)
8
3-
3-20.
.
$2
(quar.)
Florida Power Corp. (quar.)
Florida Public Utilities Co.,
3-
3-18
30C
—
above
3-25
30C
(quar.)_
(quar.)
Fund
shown
2nd
Investment
3- 4
7
4-
t $ 1.75
/'•common
Investment Co. of America
3-20
3-20
$75c
Co.,
4-10
3-25
20C
—.——
York
4-15
$1.75
7;25c
1
10C
514 7o
preferred (quar.)
Grinnell Corp. (Irreg.)
Co.—
3-15
4-
f$1.12'/4
—
Co., 7% pfd. (quar.)__
Interstate Bakeries
Corp., $5 pfd. laccum.t.
Interstate Hosiery Mills (increased
quar.)
Interstate Telephone, $6
preferred (quar.i-j-
,i.:
3-10
4-15
2-18
3-11
(quar.)
International
3-18
4? I
T.__rrv
(quar.)
(B.) Wire, Ltd. (quar.)^
Greyhound Corp. (Del.), common (irreg.)__
414% preferred (quar.)
Griesedieck Western Brewery
1
4-
1
3-31
3-24
4-
Inter-Ocean Securities, 4%
pfd. (s-a)
1—
International Shoe Co. (increased
quar.).
7
7
3-28
$62'/a C
(quar.)
Special
.7%
33-
4-
$$3.50
Greening
3-19
15C
Fitzsimmons
7
8-12
3-21
3-31
Saddlery Co., Ltd.—
Great Western
2-25
62'/2C
Dyeing
Stores, Inc.
—
3-14
8-15
West
lst preferred
8%
3-15
.
3-20
IOC
(quar.)
amount
1
75C
—
♦The
4-
3-31
$$1
.
3-10
7
Ltd.—
:
$4 preferred (quar.)
International Salt Co
3-24
3-31
$10.50
Chemical-
Co.,
3-15
4-15
3-(15
&
ft
4%
preferred
(quar.)
International Paper
3-10
W
1
Investors
-
A
6%
Common
3-10
r
3-28
4-
30o
Lakes
Great
■'
_____
Extra
First National
7-15
10-15
$1
77
—
1
Canada—
.
Trust
8-
3-28
5c
3-15
4-15
"
3-15
t40c
iquar.)
International Minerals
Corp.—
Paper Co., Ltd.—'
preference (accum.)
Great Lakes Planting Co.
(guar.)
4-15
11- I
506
■
Mutual
5-1
50c
;
——-——
Enamel Corp.—
Fidelity Fund, Inc. (quar.)
Fiduciary ;Trust Co. of N. Y.
Fiduciary Trust Co. of New
Finance Co, of Pennsylvania
•First
50C
r
3-12*
3-20
4-15
$1
(quar.)___
preferred ($5)
Common
(quar.)
t.
$37 V2C
;(quar.)_
preferred
'
3-15
'4-15
«■'
;
(liquidating),—y
Industries, Ltd.—»
A
3-14
1
4-
.
certificates
7%
.
3-12*
1-7:
$40c
Great American Insurance (quar.)
3-15
Class
1
4V'a%
Realization—
Metal
class
3-31
J37'/aC
International Nickel Co. of
Canada,
7%
preferred (quar.)
3-12
$1
Accumulated,:1;
».
Co
&
(quar.)
8-8
Stores, Inc.—
(quar.)
Cleaning
common
7
1
.:H4-7*7:
5c
(quar.)
3-22
;—L
(quar.)
preferred
Co.,■Ltd.,
3-22
————
Smelting
&
State
1
4-
$1.75
•;
preferred
1
3-
trust
Common
2-28
4-
$1.50
3-31
25c
——
(quar.)_
(quar.)
$56
■.
of
>
Telegraph
37yac
(quar.)__
Farmers & Traders Life Insurance Co. (Syra¬
cuse, N.Y.) (quar.).
Farrel-Birmingham Co. (quar.)
Fashion Park, Inc. (quar.)
*: Quarterly
Quarterly
—
Faultless Rubber Co. (irreg.)
Federal Bake Shops, Inc. (quar.)
Federal Fire Insurance Co.
'Interim- ———
Co.
Stock
$ 3-
3-20
.
Voting
International
1
J75c
25c
preferred
(quar._
Harvester Co. (increased
quar.)
Match
2-28
1
;,
participating
International
International
2-14
4-
•
3-20
■
50c
.
1
5-1
3-20
40c
—
ft
$2.50
Inc.
3"y
Goodrich (B. F.)
Co., common
$1
$5 preferred
J,
(quar.)
7' $1.25
Goodyear Tire ft Rubber Co. of Canada, Ltd.—
Quarterly
7:;.';7';. $$1
Gordon Foods;
Inc. (initial)
IOC
Gorton-Pew Fisheries (quar.)
:?''dr,/;$.iGraupner (Robert), 6% preferred (quar.)
15C
3-10
4-1
35c
5ey4c
."$206""-
Brewing
preferred
(quar.)
5
3-15
56y4C y-V'/M-
7%
3-
5-27
.
50c
(quar.)
Co.,
Extra
3-10
V„
preferred
Wernicke
Goebel
3-7
2
■'7'
Famous Players Canadian Corp., Ltd. (quar.)
Extra
Globe
3-14
4-
2c
7 ?4%%
1
3-17
"
6c
■.
Al/u7c
8-15
11-16
1
4-
,
30c
—
5%
5-16
8-30
12-
Co
;;
3-29
•7.5-30
30c
Glen
$1.25
_
'
$1.12 »/a
Glens Falls Insurance Co. (N. Y.)
(quar.j.-.
Glidden
Company, common (quar.)__
Evans
Eversharp,
,72iy4C 473-20
..
30C
3-21
6%
.
3-10
4-
*
/.••
,
3-15
3-25
234c
Ltd.—,
shares
A—__,_y__
Ltd.—
Holders
Payable of Rec.
25c
.-.
Shares,
group
When
Share
■
Coppcrl*—,7j_—_■
International Bronze
Powders,
Common
(interim)
L
3-15
■».
7 '^-7
..
Inter-City Baking, Ltd. (quar.)
Interlake Steamship Co.
7
.
50C
3-21
Coal
6-14
1
$1.25
1
Bank
,
Consolidated
Institutional
7- 9-15
$1.50 .*',.4-
(quar.)_
1
Alden
1
1
(s-a)
4-
$1.25
7-
10-1
•■••■4-
(quar.)
$1.25,
preferred
5%
3-15
■
250
4*
'
7 9-15
1
v
I5c7
Extra
■,
1
4-
Inspiration
6-14
7 10-
;7r:;,7 $1.25
]
50c
■
Per
Name of Company
;yyx*
3-15
1
7., 15C
$3.50
__
——
preferred (quar.)___
(quar.)_
—
preferred (quar.)—-;
European ft North American Railway (s-a)
-5%
.
■
Harvester Corp,
7-
i5c
15c
;77>
■
(S. A.), preferred (s-a)
Gibraltar Fire & Marine Insurance
Gillette Safety Razor, $5 preferred
3-15
3-31
;
:—
——
Co.,
Gerrard
3-15
774-T;7/
20c
—»-
cummon_____
4-
3-17
■
60c
.
—
-——
7%
77 3- 8
2
Power
$5 preferred, (quar.)....
$6
preferred
(quar.)
Gerber Products Co., common
(quar.)______
4x/i7o
preferred
(quar.)
2-24
1
250
*_7.——-
7Vo. preferred (s-a)
Erie Railroad Co., 5%
3-24
.
(quar.) ______*
Emporium Cap well Co.,
3-20
15c
.
_______—_
i-/;
(quar.)
B
Georgia
-74-1
i5c;
!t-> 7
Holders
Payable of Rec.
15c
■
7"
(quar.)
Class
3-20
3-20
;i V
7.4- 1
;77
(quar.)
(quar.)
B
Class
4-71.. /:
-
$1.25
class A
(quar.)
!
17'/aC
Share
Brewing Co.,
A
Class
3-11
,v
When7
Per
Name of Company
,A
.3-10 ;
3-31
$1.50
—
Electro
Holder•
IOC, / 3-31
H
_____
Payable of Rec.
8-
1
Sons—
7'
3-28
*
3-14'
'
.
'
■
THE COMMERCIAL & FINANCIAL CHRONICLE
'
-
■
v'i4
■
———
—
i
Name of
...
Company
Share
Lawney (W. M.) Co., Ltd. (quar.)
Ludwig Baumann & Co.——
-
Macfadden
!
•
■
-
(H.
$12V2C
Payable of Mee.
3-15
4-15
>
3-31
250
3-21
Export
: > 3-20
3-20
3-20
National
Pressure
3-20
National
Radiator
6%
&
preferred
Manufacturers
Marathon
Marine
Maritime
I
National Rubber
preferred
Basket
preferred
Marsh (M.)
&
■
Son,
Oil
Mascot
Inc
4(4% pfd.
preferred
Investors
Alkali
4 M»%
(quar.)
1
New England Telephone &
3-31
3-10
New
6-
2
5-15
85C
6-
2
5-15
93 %c
6-
2
5-15
;
10c
4-
1
3-15
5-31
5-29
433/4C
433AC
8-31
8-30
y2 %
11-30
11-29
t$l
4-19
3-28
3-18
York
Merchants
&
Miners
Transportation
Linotype
Company,
4-
4-1
3-19
1
3-14
1
5-15
4-30
4-
1
3-15
250-
7-
1
6-15
500
3-31
25C
(quar.)
■■ii
75c
(increased
com.
4-15
$1.75
.-.—-i—-—
Mergenthaler
&
..
4-
$1
250
7
3-31
3-6
4-1
4-
1
3-12
4-
1
3-17
20c
3-20
Metal
3-31
3-21
4- 1
3- 5
20c
3-31
3-
50c
3-31
3-12*
Forming
Metal
&
...
$2
convertible
Corp. (irreg.)
Corp., 7% pfd.
Edison Co.—
Thermit
(quar.)..__
Metropolitan
3.90%
preferred (quar.)...
Metropolitan Paving Brick Co. (irreg.)
Miami Copper Co. (increased)
Michaels
v
Michigan Associated Telephone—
6%
preferred (quar.)
Michigan
Eumper
Corp...
preferred: (quar.)
•;
Works,
Ltd.
Mohawk
Rubber
(initial)
(quar.)
Moore
(Wm.
R.)
$2.50
Paper
Goods
Lines,
preferred
Morris
preferred
4%%
new,
6%
6%
•
(quar.)
(initial)
■
System,
Nachman
E.).
&
Corp.
Nashua
Mfg.
Corp.
Co.,
—
2nd
-..
>
'
^
6%
preferred B
i.
•;
r
•-
■
<
4-1
3-15«
•>
4.40%
3-20
Old Line
3-15
1
$1.75
3-10
4-15
3-25
Omar,
4-
3-15
1
3-27
3-
2-28
5
4-
1
4-
1
2-28
4-
1
3-20
25c
4-1
3-
87>/2c
4-1
3-6
$1.62 y2
6-2
5-10
4-
15c
4
Life
Increased
Co.
of
Carbon
(cash dividend)
Omnibus
Corp.,
3-31
3-10
Red
3-31
3-10
Reed
3-31
8%
preferred (quar.)—
Beauty Supply Co., Ltd.—
Participating convertible preferred (quar.)
Ontario Loan & Debenture Co. (quar.)
Ontario Steel Products, Ltd., com. (quar.)7%
preferred
(quar.)
Oppenheim Collins & Co. (quar.)
4 * 1'
$2
3-14
7%
3-14
(quar.)
4-1
3-
7
Ottawa
4-15
3-15
Ottawa
4-
1
3-
7
t$1.75
4-1
3-
7
5%
4-
3-
7
Oxford
Elevator
Co.,
6%
preferred
Pacific
Coast.
69 3/lOc
4-
1
3-14
Pacific
Gamble
4-
1
4-
■
1
3-21
3-30
3-15
Packard
30c
3-28
3-10
Pacific
Pacific
Lighting Corp.,
Motor
Public
Car
150
4-
1
3-15
6-1
5-15
9-
1
8-15
$1.18%
4-
2
3-17
6-1
4-1
3-12
Panhandle
25C
3-20
3-10
4-
1
3-20
4%
preferred (quar.)
Pantepec Oil Co. (Venezuela)
30C
4-
1
3-15
3-31
3-13
$1.50
$1.50
3-28
3-20
6-27
6-19
Eastern
American
1
1
3-
8
3-
1
$$1
4-
1
$15c
4-
1
9-18
12-26
12-18
4-15
3-31
Penney
3-28
3-15
Pennsylvania
25c
3-27
3-17
Common
3-28
3- 4
4-
1
2-14
3-31
3-15
(quar.)
3-21
50c
4-
$1.25
15C
5
1
50C
4- 1
40c
3-11
4-
37'Ao
3-14
1
4-15
3-7*
$50c
4-
1
3-
7
$440
4-1
3-
7
50C
4-15
3-31
•1
4-1
3-22
2c
6- 1
4-2 U
—
50C
1
7-22
10-30
8-
75C
10-20
3-31
$15c
4-
1
3-17
4-
■i
3-19
1
3-
1
3-
3
4-
1
3-
6
(quar.)
12'Ac
3-
7
3-31
$1.50
5-
1
4-14
10c
4-
1
3-15
(quar.)
—
Yk':':Y$i
$1.50
$350
lOO
3-28
3-18
Gas Light &
Permutit
Perron
Corp.,
Company
Gold
$1.12'A
K*\?
v.
U
4- 1
8-15.
t-
1
■
Pet
4'A%
;
'I
:
; 4-15
34-
Stores
30o
3-28
4-
3-31
3-
4- 1
7%
7%
7%
3-14
1
&
3-31
3-
4-1
4-1
3-15
4- 1
3-
4-15
1
3-29
3-
1st
3-15.
50c
4-10
3-20
$1.25
„
4- 1
$-14
quar.)..
$1.75
4- 1
3-11
4-
1
3-11
4-
1
$1.06'A
1
3-11
25c
Y V
3-28
3-12
$1.50
(quar.)
4.
1
3.14
4-
1
3-3
3-30
$1.183/4
3-17
25c
4-
3-
4-1
3-
1
$1.25
4-
3-
1
1
1
3*
$1
j
.
certif¬
A stock.
-y,;
.
-
'
•
.
$40c
6-1
140c
9* 3
f40c
(quar.)
r
12-
40C
25c
common
•
1
11-
5-
l
3-21
3-28
52yac
3-18
1
4-18
•
.
87'/2c
:
,6-1
4-1
4-
1
3-12
35c
4-1
$1.12V2
4-1
3-7
4-
1
3-11
•
3-31
3-14
>
4-181
Ji5c
62'Ac
Fund—.
-
3-7
■
15c
5-
1
15c
5-
1
60c
4-25
4-15
12'Ac
6-20
6-10
,
(quar.).
25c
•
preference
4-
4-15
1
3-10!
3-10
;
.S-IO"'
"
$1.50
4-
1
3-lQ
$1.31(4
5-
1
4-10
.
preferred
2nd
preferred
90c
4-
50c
1
5-
3-10
1
:4«
i_
(quar.)
(quar.)
1
$1.75
Paper
4-15'
Silk
partic.
quar.)
44
lOc
50c
-
6-14
,
1
3-28
3-14
•
3-14
,
i
3-20
3-
t50o
(quar.)_
Mills, Ltd.
(quar.)
Telephone- Corp., com.
(quar.)__
preferred series A (quar.)
series
5
Ruppert (Jacob),
Co.
of
1
5-1
20c
3-20
{;
4-;lMi
r
4-
1
3-15
4-
1
3-15
$1.25
4-
1
3-14
$1.25
4-
1
$1.25
4-
1
3-14
3-14
25c
3-28
25c
3-28
30c
4-
50c
o
4-15
■
3-20
3-
6
3-
6
1
3.
6>
3-20
3-
8
i
>
Louisville—
(quar.)
$$1.50
(irreg.)
4(fe%
.3-20
4-
noc
(quar.)
(quar,)__.
Rome Cable Corp., common (quar.)_,
?
Extra
4% convertible preferred (quar.)
Roos Brothers, Inc. (quar.)
(The)
i :
'
$1.12(4
preferred
participating preferred
4f 1
<
t62C2c
1st
Royal Crown Bottling Co.
.
v;
(quar,).
& Co., 5% preferred
prior preference (quar.)
:-'v;;*
3-15
1.-'
1
' 9-15'
3-26^tj,2-26
lOc
Cotton
5%
6%
:1
Mills—
5%
Ruberoid
9-15
lO-i
75c
preferred A (quar.)__
(P. L.)
Mfg. Co,» Ltd.—
A
8-15
6-14.
1
7-
25c
(irreg.)
j
li;
4- .1
$1.75
(quar.)_
(increased
Co.
10-
$1.75
Co. (quar.)
Products (quar.)...
Raisin
7-
$1.75
$1.75
Rockwood
.
$1.75
Bros.
Metai
4(4%
7
25C
$1.06'A
»,'
4-1
•
•
for
Engineering,
preferred
1st
Rochester
3-21
3-
class
-
5-14*
'
25c
&
$2.50 preferred
4
3-31
3-31
3-10
*
C0c
2nd preferred (quar.)
2nd preferred (quar.)
Common
3-21
4-
3-31 *
4-25
4« 1-
4-1
$0c
preferred
Robinson
3-21
4-15
3-15
4- 2
Copper
1
7s
V-
4- 2
Robertson
3-15
4-1
1
25c
Oil Corp.
$2
7
$2c
Co
4-
4-25
93%C
1
exchange
preferred
convertible
Riverside
3-15
200
(quar.)
y
-iA-——j———25c
River
3-10
50C
15c
5
-
:
Inc., common
(quar.)
Investors
Rieke
3-10
4-1
4-
520
'
—
'
$1.50-'
(quar.)^
(quar.)
(Initial
preferred
Richfield
8-14
1
4-
in
"old"
preferred
7%
7
$1
•
pfd.
'
30c
25c
....
Corp,
convertible
7%
3-15
1
$1
—
5-
'i»
■
3-18
40c
(quar.)
5-31
4* i
'
A (quar.)
Brass, Inc.—
(quar.)
Reynolds (R. J.) Tobacco, 3.60% pfd. (quar.)
Rice-Stlx Dry Goods, common
(quar.)
7% 1st preferred (quarl.;
4-25
30C
;
3-12
' " "
preferred (quar.)
Manufacturing (111.)—
conv. preferred
(quar.)
5(4%
3-11
$1.12'A
$1.12y2
(initial)
3-15
3»10
4-10
$7%c
convertible
Extra
6%
1
3-31
for the
Richman
(quar.)
4-1
4« l
.?•.
75c
$1.50
V
'
8
$1.25
common
30c
(quar.)
$1
2-28
*
6- 1
$1.25
(quar.)
Coke
3-28
3-17
.
Republic Steel Corp., common-—.^--.—....
3-14
$1
new
2nd preferred
v
4-. 1
50C
-—
■
3-10
3-27
35c
Philadelphia Co., $6 preferred
$5 preferred (quar.)
v
1
50c
;
Mines, Ltd. (quar.)
Brewing
4-
10c
quar.)
Company, common
preferred (quar.)—
Pfeiffer
3-15
50c
-
(quar.)
Milk
4'A%
3-31
1
3-17
$1
—
1
Circle
.3-17
4-
Corp.—
Inc.
Stores.
Extra
Ferfect
3-30
4-15
750
(quar.)
preferred (quar.)
Drug
(quar.).
(quar.).
Revere
$1
Common
$5
v
—
Pennsylvania State Water, $7 pfd. (quar.)_
Pennsylvania Telephone, $2.10 pfd. (quar.)Pennsylvania Water & Power Co.—
Peoples
Peoples
4-15
3-31
(irreg.)...
6% preferred A (quar.)
6% preferred B (quar.)
Republic Natural Gas Co. (s-a)
Republic Petroleum Co
Republic Pictures Corp.-—
v
2-21*
1
2-28
■
(quar.), $1.25
Republic
3-31
4-
3-20
50c
Renfrew Textiles, Ltd., class A
Reo Motors, Inc.
(increased)
3-15
1
$1.25
;
preferred
;
—-
3
4-
$15c
(increased
4-
'
—
non-cum.
$4.50
3-15
4-15
■
.200
—
preferred (quar.)
Pennsylvania Power & Light Co., common—
4y2 %
preferred (quar.)
3-14
3.31
'
preferred
3V2%
5
1
320
Company
2-28
3-14
3-25
share
^
stock,
Remington Rand,
Line—
Glass Sand
each
non-cum.
$2.10
2-22
4-
50c
-
3-
3-
20C
5%
—
C.)
(J.
for
Light—
Co
Reliance Electric
2-14
$$1.25
shares
9-26
3-31
.
;
(quar.)..
(quar.)
Reliance
1
2-28
3-25
50c
.
(quar.>L.-__~;^«*.«.
4%%
Bit
non-cum.
Reliable
"4.
1
3-31
$1.75
$1.60
3-15
4-
5C
Cos., Inc., common
4%
preferred (quar.)
:»
Paramount Pictures,
Inc.
(quar.)
Parker (S. C.)' & Co., 40c pfd. (quar.)
Parmelee
Transportation
(quar,)
Feninsular Telephone Co.
(quar.)
4-
50c
$1.60
3-15
3-20
Paraffine
250
(quar.)
Pipe
2-28
41.75
.
Regent Knitting Mills, Ltd.—
3-31
4-
$1.25
Co.
50C
3-15
3-15-'"
3-15
$1
voting
3-20
$1.50
6%
preferred (quar.)
Page-Hersey Tubes, Ltd. (increased quar.)
Palace Corporation
(initial quar.)
'3-15
>
4-15
$1.25
4-15
—
Telephone & Telegraph—
Common (reduced)
1
4-1
3-31
....
:
5-15
.1—
s
I
4-
Gas—
4-15
10c
preferred (quar.)
(resumed)
(increased quar.)
4-
*
50c
50c
icates
s'
35c
....
class
$1.60
,
Jersey—
$$1.75
$$1,75
$5
Co.
Service
1
50c
8-20
Indemnity Co. (quar.)
Extra_y_,-——i———•
59 %c
58'/aC
4-15
Pacific
Co.
j
41%c
$2 preferred
Stores,
A
1
-
3-15
(quar.)
Robinson
&
5
^
*
5-15
10c
Aggregates
Colorado—
4-1
Corp
3-14
3-20-
$$1.25
Electric Railway (increased quar.)Light Heat & Power Co., Ltd.—
(quar.)
preferred
(quar.)—
4-1
4-
4-
50c
is being paid
simultaneously with
issuance of
certificates for the
"new"
$250.
,
"3-15
common
(quar.)
Roller
3-13
3-20-
America—
Inc.,
Owl
1
4-15
Dividend
Common
Radio
of
^'
4-15
4-a
$15c
Otis
4-1
Y.)—
$250
(initial)
3-17
4-
25c.
dividend). " Ohe-fortieth
of
3
3-
.
Brothers, Inc.
(quar.)
Regal Shoe Co., new class A (quar.)
Ontario
3-17
3-20"
Reeves
3-14
"•
4-15
60c
Hosiery Mills, Inc.—prior preferred (quar.)..preferred (quar.)—'
6%
25e
4-15
4-
3-15
,
3-20
Raytheon Mfg. Co., $2.40 conv. pfd. (quar.).
Reading Co., 4% 2nd preferred (quar.)^
3-31
(quar.)
1
3- 7
3-24
4
4-15
$75c
6% 1st preferred (quar.)___
Ralston Purir.a Co,, 33/4'«? preferred
30c
common
Ltd.
Corp
Rayonier,
3-31
3*17
$1.25
(lncroased)
Common
3- 8
3-15 /
1
3-17
$$1.50
(quar.)
Railway Equipment 81 Realty Co., Ltd.—
3-10
1
4-
;
4-
25c
Radio-Keith-Orpheum
$1.50
Orange Crush.
3-14
3-20
62'Ac
'
Real Silk
(quar.)
3-15
3-25
2-24
10c
preferred
3-15
1
3-14
3-17'
3-17
3-20
$l%o
$3.50 1st preferred
America—
Inc.;
6%
(stock
share
a
Radio
8
20c
Insurance
3-15
1
1
4-
$1.25
quarterly
4-
£0C
3-10
30c
O'Sullivan Rubber Corp., common
5%
preferred (quar.)
$1.75
$20C
3-
>
43 %C
1
1
3-8
4-18
"25C
4-
$1
3-24
3-24
3-24
4-10
(quar,)...
•6%
convertible preferred
Pure Oil Co., 5% .preferred
Quaker Oats Co., common
6% preferred (quar.)
2-25
3-31
■
1
3-31
621/ac
—___
3-15
3-24
!
$1.10
v>:r
4-1
$1.25
of
,3-21
4-
•Yv" 750"
Co
Ribbon &
Town
3- 7*/
>
15c
prior preferred (quar.)
Puget Sound Pulp & Timber—
4-1
$250
:—
*
Co.—
Service
3-31 "*■'
3-26
62'Ac
$5
4-1
prior
Water
3-17
4-18
4-18
held
Service
$5
1
(monthly)
Puget Sound Power
3-20
(quar.)
Tube
3-21
3-20
preference (quar.)
Holding—
non-cum.
preferred (quar.)
Ohio
Old
$37'Ac
3-12
50c
Co
Seamless
3-20
(quar.)
•)
3-12
1
common
preferred
Match
Ohio
4-
2C
\
1 <•;
1
4-
r
—
4-2
20
*
44-
93 %c
—
3-15
4- 1
4-
•
5c
Original preferred fquar.)___
Publicker Industries, Inc.—
-"i
Ohio Edison Co.,
4
750
(quar.).—-—4
,
Co.—
3-17
37'AC
(quar.)
(quar.)
.preferred
RR.
3-17
3-13
Corp.,' common
non-voting
Common
Common
4-
25C
^
common
2-15
Publication
1
Cement—
3-17
$1.50
National Linen Service Corp., com.
3-
.119/10
1
$25c
(quar.)
(quar.)
National Lead Co.,
^
4-15
62'Ac
4* 1
Ohio
(increased)
Hosiery Mills, Ltd.
3-17
Y,--'".'250
i.—
4-15
$1.50
Enameling & Stamping (increased)
National Fire Insurance (quar.)
National Grocers Co., Ltd., common
(quar.)
$1.50 preference
National
Worcester
3-15
1
Service Electric &
$5 preferred (quar.)
"7% preferred
(quar.)
Common
4-
3-21
3-20
National
.
1
3-20
.
650
Portland
3-17
4-
Public
8
4-25
:
;
40c
&
1
Cash
Common
3-
3-25
8c
30c
Co.-
750
preferred
Common
1
4-
'35c
Service
8%
4-
———
(quar.)
Register (increased)
National City Lines, Inc., $4 pfd. (quar.)
National Electric Welding Machine—
Common
(quar.)
v
4-
I
l'V.
—_
•
Works
preferred (quar.)
Ogllvie Flour Mills, Ltd., common (quar.)__
Ohio BraSs, common A (increased)
Common B (increased)
$20c
Straus-Duparquet Co., 6% pfd
Biscuit Co. (increased)
National Breweries, Ltd., common
(quar.)
'
Norwich
$1.22 V*
National
7%
3-21
3-20
(quar.)
preferred
7-21
3-15
$1.81%
1
__
Nathan
National
*3-17
$1.75
(irreg.)
Nash-Kelvinator
1
$1.75
——
Brother
1
1
1
••
.
4-
56'Ac
(increased)
preferred (monthly).
6%
3-45
3-7
1
25c.
Public Service Co. of Oklahoma—
4%
preferred
(quar.)
2-28
8-
4-
s
;
$17%*
—
6%
4-
——
-
(quar.)
6% preferred
(F.
(accum.)
2-28
3-10 4
(quar.)—
Co; of
preferred
'
v3-10>':-''
pfd.
Common
Pacific
(quar.)—
(quar.)
(quar.)
Myers
4-
3-31
America-*-
preferred
6%
pfd.
Service, 7%
Northwestern States
350
,
of
5
3-31
62'/2C
preferred
Mutual
;
Co.
preferred
preferred
6%
Vic
50c
(quar.)
Chemical
4-
$1.50
preferred
common
Murray-Ohio Mfg. Co.——
Muskegon Piston Ring Co.——
Mutual
3-14
3-20
(quar.)
Murphy (G. C.) Co., 4%% pfd. (quar.)
Murphy (R. L.) Paint Co., Ltd. (quar.)
Murray Corp. of America, com. (resumed)
4%
1
$48c
.....
$3.50
Leather, common (reduced)
preferred (quar.)
Northwestern Public
3-20
(quar.)
common
Mullins Manufacturing Corp.—
YCommon class B (irreg.)-—-——
$7 preferred
(quar.)
$7 preferred (quar.)
;
4-
4-15
$55>/2C
(quar.)
Mills,
Mueller Brass Co.,
3-11
$15c
(quar.)
Dry
Moore-McCormack
1
62'AC
Moore Drop Forging, com. (increased quar.)
4%% convertible preferred (quar.)
(s-a)
—
1
(quar.)
—
B
$4.50
$$1.75
Works
Montreal Telegraph Co.
(quar.)
Moore Corp., Ltd., common (quar.)—
7%
preferred A (quar.)
3-20
3-20
4%%
6 %
preferred
(monthly)'5% preferred
(monthly)..
Public Service Corp. of New
3- 3
'
3-10.
'
4-
.
Quarterly
1.
$4.12%
3-25
'
Mines," Ltd.
East' Dome
Public Service
3-24 ?
1,
;Y 4- 1
convertible
4-15
--
Locomotive
$3.75
$2.50
4-
—
preferred
4-
$256
....
3- 6
3-14
4-
' 3-li
3-24
;
5%, preferred (quar.)
Public National Bank & Trust
Co. (N.
Corp.—
Greyhound Lines—
preferred " (quar.)
$1.50
Chemical
7%
3-11
$$1.25
pfd.
$3.50
Montreal
1
$ 25c
Co., common
preferred (quar.).—..
Monsanto Chemical, $3.25 preferred A (s-a)
Montana-Dakota Utilities,
common
5% preferred (qu&r.)
Special
Montgomery Waid fis Co., common (quar.)
$7 class A (quar.)..—.—..
i
!
4-
Ohio
(quar.)
(quar.)
5%
;'i-
3-14
4- l
'
1
4-
(quar.)
Prosperity Co.,
Northland
3-14
62Vac
(quar.)
Monroe Auto Equipment,
Monroe
3-14
1
$12y2C
Brewery, Ltd. (quar.)
Monarch Knitting, Ltd., common
5% preference (quar.)
;
.-1*
Gas
Northern
1
50c
preferred
'
.7%
—-
Natural
3-10
44-
20c
...
— .
Pressed Steel Car
.Co.,
3-20
1
3-31
■
Co..
Public
3-17
held
20c
Molson's
;
7%
preferred
'3-11
50c
150;
Co
Mojud Hosiery Co., 5%
Texas
Ltd.,
Engineering
$1
....
Tool
Oil,
partic.
3-25
25c
Indiana
Marie
Minnesota & Ontario Paper Co. (initial)
Mississippi Power Co., $6 preferred (quar.).
Mobile Gas Service Corp., com. (quar.)...
4.9%
preferred (quar.)..
Modern Container, Ltd., class A (quar.)
Manufacturing Co.
Star
non-cum
Preston
50c
guaranteed
Northern
56 Vic
....
6%
3-15
4-
1
50c
——
*;>3-14^;::
'•4-T".
4-
~"r7—
1
Quarterly
56
B-KT"
Powe? Corp of Canada, Ltd.—"'
'6% ^st.^xreferred
(quar.)
4-
50c
4-
2-28
' 4-18*
y
-
f*<'"* 1
25fl.
Pratt & Lambert, Inc.
(Increased)
Prentiss-Wabers Products
$25c
-1: v'v
v v
3-20
50c
Preferred
(qUar.)__i_——
&
Alexander, Inc (quar.)
3-15
•
3-15
v
1
$1
Extra"'
1
$1.06 y4
$1.06'A
3-i5
15c
(quar.)«_
4-
Co
Northern
15c
■V
Modern
North
RR., 7%
Gas
3-15
7%c
(quar.)
Milliron's
(D. J.)
(quar.)...—
Minneapolis, St. Paul & Sault Ste.
RR. Co.
(irreg
Modine
Shore
3-20
50c
conimon...-....i.^.
preferred
shares
pfd.-" (quar.)
(quar.)
,*
common
93%8
(accum.)
1
4-
2V2C
...
1
4- >
1st
Co.,
50c
.
!
,
1
37'Ac
•
x.
Powdrell
;
3-14
4-
5%
preferred
(H. K.)
_5%
y;3-15>;:
3-15 , ,
3-28 "
>-*$!• Y-
V
(accum.)—^—
4-15
$2
T—
convertible
Carolina
North
Northwestern
—
Class ;A
4'A%
North
50c
Co., common (increased quar.)
|diller-Wohl Co., Inc.,
preferred
preferred
250
Midwest Piping & Supply...—_—...........
Midwest Rubber Reclaiming—
■
6%
60c
—......
Extra
3-17
100
250
Mlckeiberry's Food Products common (quar.)
$2.40 preferred
(quar.)..
Midland Steel Products—
$2 non cumulative preferred (quar.)
8%
preferred (quar.)
Midvale Company
....jr
3-25."
3-25
>
93%C
(quar.)
American Investment
North
Michigan Steel Tube Products
Miller Mfg
5
for each
common
North
10c
—.—.
^ 4x/z%
4-1
$1.50
.f
"
.
10c
*
2-21
North American Co., com. (stock dividend)—
One share of Pacific Gas & Electric Co.,
5'A %
97'Ac
Brothers
quar,)_x.
preferred
—
Atwood
2nd
PorteT
Gas—
—
3-10
$1.75
v
Co.
(quar.)i___
Chocolate (Initial quar.)
Corp.,
$2.50
.
-
3-12
87y2C
62y2c
$3.50 preferred (quar.)
Mesta Machine Co
3-20
250
Trust Co. (quar.)..
Newberry (J. J.) Co., common (increased)
Newport Electric Corp.— '
3%%
preferred (quar.)
Newport Industries, Inc., com. (increased).
41/4%
preferred (quar.)—
Niagara Wire Weaving, Ltd. (quar.)
Noblitt-Sparks Industries
North American Car Corp.—
'
&
Polaroid
*
3-15 •:
"
35c
quar.)
3-
Gas
&
Mfg. Co. (quar.)
Cordage Co., common (quar.)
Employees Special Stock (quar.)
Plymouth Oll;Co.; (quar,)-—
-
,
10O
-
New York
876
Company (quar.)
Stores Co., 7% preferred (quar.)
Distilling Corp., common.
Common
3-14
3r2d "
4-^:1:;: -,3.-.&
10O
State
&
Nut
Inc.- (quar.)__
Plume
4' V"'
$1.62 'A
York
(initial
tibial
$1
.
„
3-31
3-10
$175
.
(quar.)_
Electric
Coal
Planters
3-10
v4-lk
50O
22'AO
(quar.)
New
(The)
Mercantile
Co.
preferred
k
3-31
$1.25
City Omnibus Corp.___„___Y—-
334%
Pittsfieid
—
York
3-14
3-20
4
3-20'*
4-1
4-
—u'
Plymouth
Extra' '
3-31
3-15
3-31.;,,
Co.—
New
35c
4-
Plough,
^
Watch
preferred
Auction
3-14
4-16
1
Insurance—
&
New Jersey Power & Light,
4\ pfd. (quar.)
London Northern RR. Co. (quar.)___
New Method Laundry, 6'/2% pfd. (accum.)
New
3-28
25c
New
3-31
62'/2C
■'-6-
5-
'
■'/ ' 4-■ 1.
7% preferred^ (quar.) _—i———
v $1.75 ■'
4- 8 '
Pittsburgh Plate Glass-—20c
■' 4-1'
Pittsburgh Screw 85 Bolt Corp.—
Increased quarterly
-_i__—.15c
4-21
Pillsbury Mills, Inc., $4 preferred (quar.)— yy.;;y $1
4-15 :
3-18
.
6-15.
-
"2-2*- v
-
.
_
43 %C
•
3-18
20c
(quar.)
Telegraph—
f
Fire
Clock
convertible
75c
Merchants
Co.
-
3-17
75c
quarterly
Haven
(
4r 1
held-.-
(quar.)_
50c
Piper: Aircraft,- trefcreetf: (quar.) •. UVio
Pittsburgh Bessemer & Lake Erie RR. (s-a).;
75c
Pittsburgh Forgings Co.—
'
25c
Pittsburgh. Ft. WaynO & Chicago Railway—
U '
Common > (quar.}
.'-V'j
'Y'3-l 5
4- i
,»■
-
Phoenix
3-15
,
4-15
.
quarterly
Increased
4
Paper
Hampshire
New
c $3.50 convertible preferred
(quar.)
McKesson & Robbins, Inc., $4 pfd. (quar.)_
Merck
Nekoosa-Edwards
2-28
75C
I
4-1
;V
3-17
$1.75
4-
$1.12%
53y«C
(quar.)
3-10
Reduced
3-31
,,f: '"n* ■» > *• •i'v.
*
250
(s-a)
3-20
1
Extra
•
Corporation
4-15
Y
4
Latch Co. for each share
Insurance Co.
(Hartford)
' * 3^20
3,20
3-31
'
Tutch
I
1 '
3-31
,
3-31
3-31
$1
(quar.)
6
4-15
lO
V
3-
4-15
.
5c
.
(accum.)
Corp
Co.
3-31
(quar.)
-
I
3-25
Nehi
Water
<^'1'
i
•
4-15
-
•$37MiC.i"
400 V
preferred
6C
Inc.;.
Company 'quar.)
McClatchy Newspaper, 7% preferred (quar.)
*
7% preferred
(quar.)'
i„..
';7%- preferred (quar.) .1:—i—
McColl-Frontenac Oil, Ltd., 4% pfd. (quar.)
McCord Corp., $2.50 preferred
(quar.)
McCrory Stores Corp.—
Common (Increased quar.)..—......—.
Mengel
3-15
Naugatuck
Co., 4V2%
3-26
*
50O
(quar.)_
25C
Fund,
common
McBee
,
r-
-
(quar.)
Tea
Terminals
3-
7%
preferred
(quar.)
May Department Stores, common
$3.40 preferred (quar.)
$3 75 preferred
(quar.)
•
preferred
National
National
{~Y
.
•
44-
.
3-3
Holder*
PayableofRea*.
si»;4 hon-currt. ^n<t
.3-15
4-1
9c
series
(quar.)
Ltd.
Car,
3-15
lc
2nd
Works,
25c
When,
Sfcaro
preferred :
$1.12%,
;pref»rredS(qiJtl^)
I
" $i
Philadelphia Electric Co.,30c '
$1 preference; common--^''•■'■
25c
Philadelphia Suburban: Transportation -Co.-**
5%. preferred .(quar:)
6 2'Ac
Philco Corp., 5%% preferred A
(quar.)..—.-.
93%c
Phillips Screw CHj, '(stock dividend)1 !
J
One share of.-the newly organised'
Phillipa
* T
7-31
4-,;lv
.
V;. 6e
-;j
stock
Co.
3-26
Co.———
Massachusetts
Mathieson
5%
(quar.)
Sugar -Refining-^
Supply, $2 preferred
National
Co., common (
Martin (Glenn L.) Co. (quar.)
Ltd.,
Steel
National
Marshall-Wells
Marven's,
62Vfeo
'
$4.50:1st
•
7 *31*:''
8-15;
Machinery Co.
common
;.3-25';
;
;
PhUaflelphk DaiTj'; Product!? CO.; Inc.^-
8--15.
isc
^Araourxts are estimates.
National
(quar.)
A
81,25^^
7
Co.
National-Standard
Marshall Field & Co.,
'
.
"Low-priced
(quar.)
Corp., common
$1
<;
pfd. (e-*)i.-_;
(increased)--.
"Low-priced bond series
^Speculative series
(quar.)
(quar.)
7%
;
(N. Y.)
preferred (
Magnesium
Telegraph &
Market
f
Co.
5 %
Co.
National Securities-& Research
Ccrp.—■
•■Bond series
(quar.)
common
(quar.)
Trust
Corp.,
Common
.
Rubber,
Cooker
-
Macy (R. H.) & Co
Magor Car Corp
Tire
National Paper & Type: Co., $%
b%„ preferred (a-«tl
Name of Company
3*
>
lets'--;-—:.-40.C.YY:'3*3l;
1
3-31
-3-22^
Products
3-31
4-
$ 10c
(quar.)
'
Mansfield
Oil
15c.1-
1947
1
Per •
sharer Payable of Rec.
Malleable Ss Steel Castings Co.—_
National
■■■
Pe^rxWhen^Haltdert
Name of Company
tny
-;
National
W 4+ 1
Inc.,
preferred—
$10C
R.)
Extra
.1-
Holdere
1-1n
Publications,
participating
$1.50
Macmillan
When
''
■
Monday* March 17,
mi
I
Per
Y'
preferred
50c
3-25
(quar.)__„-. $1.12%
••...;
51
.
4-
")'>•
1
3-10
-
3-10
"A,
;
Volume 165
THE COMMERCIAL. & FINANCIAL CHRONICfcE
Number 4577
•
7
*10c
*$1.75
.3-31
common
(
4%
•;
preferred
conv.
Saguepay .Power: <?o., \Ltd.--.
•
•
4-
1
3t-li
1
3-5
t y $5
Sdn Antonio Gold Mines,. Ltd.
San
—
75c
■y{ Semi-annual
(Increased > _ —
Paper Co., $3.40 preferred (qnar.)
Scott
Scovill
Mfg. Co.. common—
$3.65 preferred (quar.)—^
Scjaaton Electric, $3.35 pfd.
;
,
Seaboard
f.
'
preferred B
$1
1
1
;
1
3-31
4-
1
7 3-10
4-
1
'.
4-
1
3-15
4-
v
1
-:.,4- 17
3-317
3-15
3-21
'
3-3
1
3-31
1
1
4-
1
40c
.
(A.
Corp..
O.)
1
*20©
4-
1,
*$1.25
3-8
J3%c
4-15
30c
3-20
25C
South
"4-30"'-:
*50c
25c
7
3-
1
1
'S
4-1^
Union
4-
'•
•
1
3-31
,
O.
&
4-10
:
r
3-31
3-31
' '■
mon
1
4-
1
-
r
f
Corp.,
common
•
.
1
1
3-31
3-17
-5*1"
4-15
3-3
2-21
•
•
■'•(
■<
3-20
10c
3-31
3-29
1
3-20
Stanley
(L/ S.)
3-20
:
4- I
3-10
74-
Power A
Knitting
1
4-
3-21
3-31
3-10
3-31
4-15
$1.25
3-31
3-15
74-,1
3-15
Sterling^ Inc. iquar,)^^—,,———
Sterling Breweries, Inc. (irreg.)
sterUng IDrug. 3 ^ % preferred (quar.Jt——
Stevens'(J. P.) & Co. (quar.)
Stokely-Van Camp 'common
5%
prior, preferred (quar.)
7 Stone Container Corp.
(initial)
Stratford Pen Corp—*—
;
Strawhridge & crothler, $5 preferred (quar.)
Strombefg-Carlnon Co., 4% conv. pfd. (quar.)
Struthers Wells Corp., common (quar.)
r-.-:
$1.25- preferred (quar.)-__
Studebaker Corporation
12%C
3-22
*,L;f:
it.
Chemical
$4.50
Corp.,
common
—
preferred A (quar.)—.———Z—
Sun Life Assurance Co.
of. Canada—
Increased-f ",a.'7.c.r)y
Sunbeam
——
ration
Cor
^
$1.25
3-20
3-10
3-20
3-20
Freeze,
Quarterly
3-28
3-21
4-
1
5-
Sundstiand M v?*ve Tool
(quar.)
(quar.)
—
3- 7
4-
1
'3-10
4/,
3-11
1
2-24
;,1
2-24
4-1-
12 %C
4-
3r20
2
7, 3-10
3-25
25c
3- 4
3-31
50c
3-
8
50c
4-
1
4-
1
3-10
3-20
Inc.,
22 %c
7-
1
4 Vz%
Sunray Oil: Co.7'7..77,7i.
p^efe :;7
Sunshine M';
,7
Cuserheater Cq.
frries A (quar.)—_—w
(quar.)
(quar.)_i.—.
$1.06%
: 4- 1
10c
3-31
25o
4-15
7
3-10
,,7%
-
11-15
11-1
2-1-438 7
-
'
4-10'-.
4- 1
7 7-1
$1,25
25c
Oil
-
Co.
3-10
3-10
3-15
3-15
3-21
3- 7
3- 37
4-1
4- 1
4- 1
4-^1
7' 3-20
,4-1
3-21
4-1
$1.06 %
_
3-1
^ 4- 17 3-17
N
.77
*
.
.
4- 1 7;
*25c
(quar.)
3-10
:7 3-2p
3-20
3-24
4- 1
'
$1.12% „
(quar.)
3-15
4- 1
3-31
3-31
,
75d
•
3-18
0-10
4- 1
7:
'
30C77;
$1.06y«
>
/ • •
3-28 ,;
.
l
4-
*20c
15c
."12%c
75c
7 ; 25c
$1.25
25c
.
4-30
25c
4-lh
4-1
7
$1.50
(quar.)
(quar.)
Industries,
A
Lothrop,
common
3-l2
Common
" 3-15
2-28
3-28
3-17
'7$1.75
preferred (quar.)
,«
Wool Combing Corp. of Canada, Ltd. (quar.)
Worthington Pump A Machinery Corp.-—
7
7%
:
3-15
4-2
3-31'
,v 3-31
60o
3-28
3-17
(quar.)
*25e
4-10
50c
3-20
3-24
"7 7
(increased)
3- 5
4% % conv. prior preferred (quar.)—:
$1.12% 7 3-20 7 3- 5
4%% prior preferred (quar.)_,
$1.12%
3-20
3- 5
Wright-Hargreaves Mines, Ltd
:
*4c
4- 1 7 2-24
;
Wrigley (Wm.)- Jr., Co.;(monthly)7--—;--i, 1
• 25o
- 4- 1
• -'3-20
Yates-American Machine Co.-i---.-.---^--—.»
12%o
,4- 2 ,'
3-15
Yellow Cab Company—
77.7"
v7v6#/Convertible preferred1
37%0"
4-30.
4-19
8%
convertible preferred (quar.)
87%c
7-3L
7*21
7 Yoland'e; Corporation
i(quar.)»",20c '
4- t'
-3-17
-York Corp.,;4%% preferred (initial quar.).
56'Ac
• 4-1
3-14
Youngstown Steei Door.—..
25c.
3-17
3- 6
Zonite Products Corp
15c
8-20,
3-10
(1
.
,
„
-
.
7 x Less
30% Jamaica income tax.
■
•Transfer books: not. closed for this dividend.
3-20
2-28*
{Payable
6-20
5-31*
9-20
8-39*
50C 7
4-
1
4-
1
~""7
3-15
3-15
40c
40c
40o
/
v
4-19
20c
resident
1
62 %C
4-
t
$2
6-
9
5-19
4-
1
tax
15%
/
•
deductible
a
at the source.
Non¬
Less British income tax. 7 7.--s7*
1
Canadian non-residents' tax.
General Corporation and
Investment News
3-15
$8.75
funds,
15%: resident tax 7%.
tax
3-29
#
Canadian
in
tPayable in U. S. funds, less
4-10
4-
3-14
*17 %c
3-17
3-
1
50c
4-15
4-
1
25c
3-31
3-15
$1
5-
4-16
$2
$3
4-
1
3-19
4-
1
3-15
4-1
3-15
$1.12%-
1
4- 1
4-
3-
1
5
(Continued from page>1460)
■
^
Scott Paper Cot (& Subs.) —Earnings—
Calendar Years—
-
Net earnings
Earned
per
1946
after charges and taxes
share
.
1945'
$1,756,205
$2.00
: $2,019,614
$2.07
common
;-~^7164,:p.:,3I5Q.;77;7777:7;^
7-
1
3-21
pfd.
9-20
.12-22
25c
3-15
4-18
—
6-10
:
9-10
9-
J
12-10
12-
1
.7 6* 2-
15C
4-
1
3-20
150
—
7-1
6-20
*$1.25.
4-
1
$2.50
4-
1
4-
1
3-
Ltd.
preferred
(quar.)
common
3-20
.
—
(annual)
Baking Corp., common...
preferred : (quar._-..________.
Wagner Electric, Corp.
(increased)
....
This company on March 3 announced the sale of
its plant to Orange
Screen
Co. for $260,000.
Officials of the Seeley concern, which filed a
bankruptcy petition in Federal Court at Newark, N. J., last October,
said the sale places the company in a position to pay all its creditors.
The concern Usted $210,000 in liabilities when it filed the petition.
Referee Schenck on Jan. 28 authorized the company to dispose of Its
real estate.
He has set March 17 for hearing on arrangements to pay
the creditors.
8
40c
3-27
3-31
3-21
$1.25
3-20
3-
62%©
3-20
3-10
37%o
5-
1
4-15
37 %o
8-
1
7-15
Servel, Inc.—Earnings—
3-17
87 %C
7
$1.50
4-15
750
3-31
8-15
$1.59
3-20
31-10
3-31
Quarter Ended Jan. 31—
Loss
EARNINGS
$1.75
10C"
7.1
4-19
4- 1
4- 9
■
7
3-20
*31 •■':♦- 1
3-15
$1
4-18
FOR YEARS ENDED OCT. 317
,
tingent
,
'
1944
1943
$1,663,730
$0.96
$1,828,236
7
$1.05
1945
$1,464,680
$0.69
charging reconversion expense of $450,000 against the con¬
provided out of earnings of prior years.
tOn 1,726,926
1110.
reserve
common
3-31
$0.67
share
per
$780,685
shares.—V. 165, p.
3-31
4-18
* After *
1946
.
( $782,317
1946
tEarnings
1947
-
>
Net profit after charges
and
taxes
*$1,434,265
•
$4.50 7,
...
(
..'I
3- 8
$2.50
1947
•
1946
Increase
———$114,595,199 $95,061,144 $19,534,055
,
Seeley Tube & Box Co., Dover, N. J.—Sold—
3-10
•r
,
—V. 165, p. 982*
3-10
3-31
3-20
$1.75
—
Cotton Co.,
Month of February—
Sales
■
$1.75
(quar.)
Sears, Roebuck & Co.—^February Sales Up 20.5%-rki
6-20
10-1
1-2-48
$1.75
7%
Wagner
.
,
$1.25 2-15-48
$1.50
(quar.)
2-1-48
5-^1
' 8-1,
8-15
6-19
30 c
(quar.)
.....
Wabash Railroad Co.,
-
6-15
$1.25
$1.25
7
:
preferred (1897)
Woodward
3-15
—
Wabasso
11-15
75c 2-15-48
$1.25
3-15
$1.75
82% 6
•
25c
75c
......
Inc., common-.-....-^
I5c
Woodley Petroleum Co. (quar.)
f
7"10o
Woods Manufacturing Co., Ltd. (quar.)^^^;
,7 *50a
1
1
y-4-.T7
Ltd.
v
Woodall
3-14
4-
93 %C
.
3-19
:
-77"3-ia:
Wood (Alan) Steel ]Co.—
7
-■•v" '^77, v,7'7>J 7" "7 7 7";■ 7-7;
77:,''77(Sec;,Alan7Wood'Stfeel7Cd.^:;7:7>i„;/77:;,,-;7;7;;;7;.;/^^
3-10
4-15
3-29
5-^1
-' 8-"1
11- 1
", 75c
7
V-Extra
3-10
3-20
$2.50
—
^
3-14
5-15
8-15
Common7''" 80c-;
5% preferred (quar.)^-......-..-.--.;..*
7 $1.25 * 7
Wiser
3-10
4-10
...
Viau, Ltd., 5% preferred (quar.).
Vicksburg Shreveport & Pacific Railway Co.-—
Common
(s-a)
^
3-20
4- 1
25C
5% preferred (s-a)
——
4-15
4-25
20c
Victor Chemical Works, common
3-20
3-10
10Q
3 J/2 %
preferred (quar.)
4- 1
7-3* 7 7.
$1.25Virginia Electric A Power, $5 pfd. (quar.)..
3- 8
50 c
4-1
Virginian Railway common (quar.)
;
3-20
3-10
25c
6% preferred (quar.)
5-15
5- 5 ;
•3l%c—
'6% preferred (quar.i
r
3-14
3-31
25C
:V Vulcan Corp., $4.50 preferred (accum.)
4- 17
3-18
15C
$3 prior preferred (quar.)
74- 1
3-18
$1.13
Vulcan Detinnlng Co., common
7 % preferred (quar.)
3-15
*$4:25 • • •4-1 i
Vulcan Mold A Iron
35C
4-15
,75c
.
3-10
'
Sun
v-
3-14
*35c
•
"
3-20
7 50C
:
•
;
4-15
3-26
'
3-20
I
3-20
73-15
(quar.)
6%
3- 8,
3- 3
-
6-16
3,-17
4-30
4*
25c
4- 1
7
Wilson A Company, $4.25 preferred
Wisconsin Electric Power Co.—
" *
•
'
4- 1
3-20
*37%c
i
Willys-Overland Motors* Inc.—
$4.50 conv^ preferred seriet A (quarJiiu^.7
2-28
4-; 1
3-17
Co.
preferred (quar.)__
Velvet
.
37 %C
4-1
3-10
7-1
;7% -preferred (quar.)•
3-20
■87%0 v ;• .4-
,
•
—
2
7%
;
3-15
40c
2%0
•
v
7: Wilsil,
3-10
>
20c
.'-preferred. '(quan)^--,»u.«l^-w——Stedmari! Brothers. Ltd., (quar.)
4-
3-17
4- 2,
,
•
3.-18*
250
Vapor Car Heating Co.,
4-10
3-20
3-31
-
s
3-15
•
4-1
*$1.40
....
....
Wleboldt Stores, Inc., common
$4.25 preferred (quar.)
7 6%
preferred '(quar.)
4-1
1
4-
$1.25
"■■Increased
Van Norman
25C
4-15
62V2c
3-17
.
-3/i-5,
3,-12
preferred
3-15
tl5C
3-20
62 %C
piror
4- I
•
7':;^-.,;v'7:v-^
—
White Motor Co.
3-20
I
(quar.).;.——
3-31
i..y 5%
25o
"'V,:::
$1.12%
Co.—
3-31
»
3-14
3- 5
4- 1
(quar.)
preferred
Light..—
25c
y 10©
r.
3-15
3-15
(quar.)..
common
.
3-10
3-17.
4-1
4- 1.
$1.50
25c
,
55c
Utility Appliance Corp.—
$1 convertible preferred (quar.)
Van De Kamp's Holland Dutch Bakers—
3-18
35©
.State Street Investment (Boston) (irreg.) —
Stearns iMfg. ^Co,
^
Btecher-Traong Lithograph, common—^—.
3-25
4-V
3-20
62 %c
5%
3-28
4-15
—
8
4-
.5%
75c
3-
$1.25
5%
3* 5
3-21
4-10-
tlOC
TlOC
1
4-10
*31 %C
3-8
3-31
50c
$1
20c
,
prior preferred
*31 %C
5-15
3-25
i.
(quar.)
(quar,)
1
37 %c
$1
Utah
(quar.)
3-31
*75©
*.
preferred
7 Utica
3-31
4-15
93%c
3- 6
,-7-^;
Upson Company, 4V2.%
v
50C
Co.
7
•
3-20
3-20
'
,
a-it
$1.75
Steel
Universal Leaf Tobacco, common (quar.) —
8% preferred (quar.)
Upressit Metal Cap, 8% preferred (accum.)
-
20C
(quar,)
Works
Starrett
4-1
75c
,25077
■
Ltd.^ class, A :(quar.>——1
^,
Universal-Cyclops
-
VClass "B
>3
4-
■
9
3-31
■
—
3-26
3-31
8-
'.»»m:
United States Printing A: Lithograph—•, ,
5% 7preferred (quar.)
U. S. Rubber Co., 8% preferred
(quar.)
XL S. Trmft Uo. (N. Y;) (quar.) .^.^^.„i.
United Steel Corp.,' Ltd. (quar.)
-^.7...^.
United Wallpaper, Inc., 4% preferred (quar.)
3-20
-
4-16
'
$1.12%
5% preferred (quar.).i..^—^i.i7;.i.....^:
Westmoreland, Inc. quar.)
Westmoreland Water, 6% preferred (quar.)»
Weston
(George), Ltd. (quar:)
Wheeler Osgood Co., common (initial quar.)
50c convertible
preferred
(initial quar.)
Wheeling & Lake Erie Railway
Wheeling Steel Corp., common
$5 convertible prior preferred (quar.)
11-10
Investments, Ltd.—
—
-'Extra
•
•
5-10
4-15
$1
v
>
pfd. (accum.)—.
U. .S. Plywood Corp., common
1 3%% > preferred A, (quar.)_.
•
3-10
4-17
94c
62 %c
1Extra.'- *v- i—
Standard Radidi
$1-400
,;
convertible preferred (S-a)-
Participating
7
"
3-17
20c
4-18
3-31
4-
$1.50
(quar.)
75%
3-12
11-15
7.: 7507
——.
3-22
4-
25©
Ltd.—
•
Co., common (quar.)^.
(quar.>.J^i..7.7_--A^-^.*
U. S; Lines. Co^iN. J:), 4%% pfd. (s-o)
Kw S; Ripe A Foundry :Co,7 (quar4^4--«--^
7 Quarterly
£.ir,
QuarterlyU. S. Plajdng Card Co. (quar.)
'7%
\
r-
4-
75c
7 3%%
preferred A (quar.)
Standard Pavings & Materials,
-■"t
•..•.,$1,137.
—
,
,
'
3-15
8-15
,"'25c-.
U. S. Gypsum
•
18%c
(irrjeg.)
$3 participating preferred (quar.>-.^i_l.-i
Participating -,.——.—.
•.Standard Milling Co; (qudr.)
Standard Oil. Co.
(Ohio)—^ ^ 7 ■
'v
'
1
5-13
Fund...—.-—....
United Milk, Products Co.^ common....
4-15
-preferred r> (quar.)-.w-^_7—
standard Fruit & Steamship Corp
>
•"
' •
Standard Factors
.
V
'•
3-14
,
3-19
4-
25c
■'
4-11
4-15—
-
?
*(
3-i8
5-15
preferred A7 Iquar.),
5% preferred A (quar.)...
"r7
5% preferred A (quar.)..7!......
7
5% preferred A (quar.)7 "
Western Tablet A Stationery Corprf—
'
—
-
Squibb (E. R.) & Sons., $4 preferred (quar.) ,T
Staley (A-. E.) Mfg. Co., common (increased)
$3.75 preferred (quar.)
—
Standard-Coosa-Thatcher Co.
(quar.)
1
*$1.12%
•.'<*8-4 pa^icipattagvprteferMd4i^7.7ri^^w:
.United New Jersey RR. & Canal, (quar.)
Unlted-RexaU' Drug, Inc.
7 United Specialities
U. 8. Guarantee Co'.77—_.r_7-7C
V,lir
4-15
35c
*
square >'4D''"
'
(Dallas)
r-g % if preferred
3-15
7"
(annual)
Springfield Fire & Marine Insurance (quar.)
4-
50c
Illuminating Co—
United Merchants A Mfrs.i'Tnc.—
3-15
$1.25
3-31
,,
•
Fund..^..—28c
lie
Stock
Stock
United
8-15
9-15
4-
$2.50
held
'Spokane International RR.
•
*15c
(quar.)...
8% ; class A preferred, (quar,)7;l^^;^4-.-.«#
;:United-'' Gaa -Corp.7^i—
'
5-15
8-19
$2
'
•
3-14
1
Fund
Preferred
United Fuel
:
3- 3*
$1.25
-,
:■
3-15
4-
5-15
.
••
3-31
•
Filhr Corp.—
United Dyewood Corp., 7%
3-21
3-24
(s-a)
Electric, 5% pfd. (auar.)
Southwestern! Life Insurance Co. (Dallas)—,
i, ..Quarterly.-,.
y
•Southwestern Public, Service Co.—
:
i
v
Stock dividend.
Eight shares of new comv
7: «monrfor,each,five ahares of ;old;com«
3-15
tl5c
•.'••^Union\Ttidsi;-Drllt.;Co^'j(qnar.)u,^L..,^,,,^
3-12
25C
$1.25
Southwestern Gas &
3
Common
3-15
4-
5c
3-12
'
preference
Common
3-31
t25c
(annual)
3-18: v777 5%
$1
.'-
Stock Trust
2c
*40©
3-14
3-15
3-15.
$1.75
—...
Pacific RR.,
Common (quar.)
2-14
,.7
Union .Common
.
-
M.
11%%
4- 1
f.„
(quar.)..
Department Stores
$1.40
8-15
20c
$1
Exploration Co
Western Grocers, Ltd., class A—.
2-14
3-24
4- 1
7fUnion
3-20
3-25
'
7
:
4-15
;;:Sbuthernf:..6xyg:eiP
;.v: Souther^ Pacific Col 1
•'.» Southern'' Railway705.-^^7^
~;
• ■
■S5^xnon^cuihw: pr€ferred(quar^-^--,-^--l.
5%- non-cum.rpreferred fquar.),,-^-^.—. «
7 3-24
7-
...
(quar.)....
Increased
1
12%%
..
4-18
25C
$1.75
50C
3-
3-20
*$1.75
^
3-19
3-12
3^12
8-12
4-1
.
lOo
....
3-10*
I
2%o
7,
.
$1.75
A
(quar.)...
Western
v
25c,
$4.50 preferred (quar.)....,
Western Assurance Co. (Toronto)
3*17
:
3«*1
500
......
Western
A
Union Bond
7 4-18
,6-15
3-14
4-
7*7%C
2-20
6-13
*$1.50
>
1
3- 5
4- 1
4- 1
25c
v
preferred (quar.)..
West Virginia Pulp A Paper (quar.).
Special
West Virginia-Water Service Co.—
;7
3^ 6
•
3-20
■■
3-20
4-15
i*25U'
^
4-
25c
United7Carbon, common (increased)__._.—
:
4-13
■
25 c
6% participating'preferred y(quar.)iii^^
fvijiottithertf flre».|nswran.cft-,Co>i■ •.
- /Mt"(Durhaim^'H;' C;)
Southern Franklin Process Co., 7% pfd. (quar.)
-
3-15
J'-v.
34%c
;
Cana'dsr Power'-Coir-f;;'^ 77,;'v;:'';';r 7'
Common
i
;
3-31
West Texas Utilities, $6
3 -. 6
1
;preferred;/(s-a)^77v.-^7;77Wi.-i.':'! ^7$2
Union Trusteed;F^undSj Tnc^-^^t'
7. 7- >
■<> **-:'Union^7Bond :Fund7Aiii.j».l.tvi.--^ww-««-v
:"'18<5
Union Bond: Fund
:17c
2-15
-3t%«
'
4-
.
5-15
6-15
6- 2
6- 2
15c
$2.50
Snowdrift...
preferred
3-T8'
3-' 7
$1.25
West Penn Power Co., common
4%% preferred (quar.)
.........
3-11
3-20
.
6%
•
2-28*
3-14
3-20
6%
'
3^15
3-31
,
preferredO (quar.
preferred <> (quar.)——
Southern Calhprnla Power Co. tauar.) —
%
'5ya%
Union
3-17
7"
^Southern California Edison. Ltd..-^';;
5% iorififinal l)referred' (quar.i-—r—-
.
■■■$
3-17
1
20c
62Msc
(s-&)~_-
3-15
1
A
West Penn Electric Co., class
7% preferred (quar.)..
3-31
50q
Bag & Paper (increased quar.50o
Asbestos A Rubber (quar.)
17 y2c
Carbide A Carbon-Corp. (increased)
^ .
$1
Pacific RR„ common (quar.)
7 $1.50
Union
f 20c
,
1
4-
Oil
Western
Underwriters Trust, Co. (quar.)^.^...^-,^.^.
Underwood Corp.■■
■
Union
4-
$3'
50C
Southern Advance Bag & Paper——i—.—-
4-
25c,
.
3iy4c
Common>(quar.);'7^i^^^^i^^^^».^,,
3-17
,
3?%o
...
Extra
3-10
$1.50 convertible preferred' (quar.), 37'/aQ
Twin, Disc Clutch Co. (quar.) —;
50c
208-South La Salle Street Corp. (quar.)
62y«c
Tyier.Fixture Corp^ , common^4^-7*.-».r»-.^-.w^ ,
10e
5y2% preferred (quar.)—
13%c
Udylite Corp.
•
25c
3-14
3-28
$1".'.
'
1
'
3r 5
M&ifis
5
'4-
93%c
Insurance
Twentieth- Century-Fox
3-15
4-
71 25C
;
3-
77Tuckett7TObk<mo Co;;i Ltd.? 7:%7lpfd; (quar.*$1.75
Tucson Gas Electric Light & Power (quar.)
50c
3-15
3-31
-
$1
"
-
.
8
5v
62^0
common (quar.)—
preferred (quar.)
r
South West Pennsylvania Pipe Lines
—
Southern
77
.
$1.50
8%
•
—
iron-Works, Ltd.,. com;
(quar.j77_i__l_i_77
Rnanee Corp., Ltd.—
4l/j%
preferred
(quar.)
Tremont Building Trust Co.—
Trinity Universal Insurance Co.
7:* • vQuarterly:;
3-31
5-15
South Porto Rico Sugar,
Southern A Atlantic Telegraph-Co.
General
Glass
3-31
-
3-24
'
:
3-25
Traders:
3-31
4-21
4-21
13%C
—
;
Wesson
v
,
$3,767 preferred (quar.)
Timken-QetrGit Axle
;.74-4
1
*50c v7
i——
3-15
3-10
3-10
-
3iy4c
7 73-20
1
4-
3-18
4- 1'
7 4- 3 7*
$1.37%
«*<— M w*mm<mmmtmm<m«■
....
3-10
3-10
5-
■
3-30
'•3-15
3-25
.
*25c
3-15
1
'4-13
,
3-2^
1... '7?:
(quar.)
Wayne Pump Co.:
Wayne Screw Products (quar.)
Webster-Chicago Corp.
Wellington Fire Insurance Co. (s-a).,
Wellington Fund, Inc. (irreg.).....,
3-31
3r31
t'7
preferred (quar.)
Penn-QH Co. (quar.)_°
2-28
.3-24
preferred (quar.)
—$2 .preferred (quarO*-.--—
Snap-On Tools Corp—
Solar Mfg. Corp.,
55c ccnv. pfd. A (quar.)_
Sonotone Corp., $1.25 conv. pfd. A (quar.)__
Sorg Paper Co., fr% preferred A (accum.) ~
'i • 4-6% preferred B (accum.)__—
'South Carolina-Electric';A
5%
25©
7
7.3- 7
•
25c
!
;
10c
4%
4-
25C
Quarterly
'
—
Paper Mills, Ltd.—
Waukesha Motor Co.
1
'^conimqri : (quar.)
>
3-31
4-
•
(Howard)
3-
1
(quar.)——..
Toronto
3-31
4-
v
5%% convertible preferred (quar.)——
Sloss-Sheffield Steel & Iron—
$1.20 preferred (quar.)
—
Smith
1
4-
5-«l
1
4-
-
l5o
,
3-18 •'
1
*20c
partic.. preference-;——.....w*-*,;.*.
Smith
4-
*500;
Lta.v (quar.)7
Securities Trust "Co7;, Ltd.—
American ^deposit receipts: ordinary
American deposit
receipts deferred
Tom Bell Royalty Co.:
Tooke Bros^ Xtd: (interim) ___.i.
3-10
3-28
,4-
*30c
—
■
<
3-15
J25c
—
y Uhverwood Western Dairies, • Ltd.—-:$% preferred (quar.)——Simplicity Pattern Co., common (quar.)
,
3-15
1
«k «■
Tip Top iTaiiprs.
2-28
3-31
5c
—
(initial)
1
Tobacco
-
B
4-
3-15
3-15
4- 1
15c
•
(quar.)
:4-
3-31
-
Pictures
15c
$1.06V*
•
Brothers
3-25
4^1
4-1
5-20
62y2c
v
Washington Railway A Electric—:
: -5%
preferred (s-a).
5% preferred (quar.)
Washington Water Power Co
$1.12%
Toronto
*15c
(quar.)
:
Sick s Seattle Brewing & Maltiug— ;>■
•;Increased (quar.)
;
•v SUverwood Dairies, Ltd., class A
(s-a)
-
3-17
(quar.) ---—-—
%^!'^preferred ..D,'.(quat;
WaterTAssociated Oil CO.—
.
4-10
Commbn7 (quat.V:7i:»^4^-^-^-^----^« 7" ''+200
;-y:!y7%A'preferred.y(quar;)1.£;iwi7>^
: *$1.75
1
56'Ac
i
.
4.preferred A
-
Tide
3.-20
5-
7
Warner
5-
3-10
3-15
4-
J^eraton;.Corp-i.of America-* 7
-vyVv •(,
;i$L25 convertible preferred (quar.)—,—
3iy4C
•? Sherwin Williams Co^ot Canada, Ltd.-»«?.
/
'
7
•
25o
3-15
3-31
3-15
4-
•
50c
7
3-15
50c
v
3-22
1
2-17
.
3-21
3-20
4-
"
3-31
35c
3-15
3-12
2-17
UolAttt
When
Payable of Rao,
30c
3-31
7-7. $1.25
preferred (quar.)———
(James) Inc., common (quar.)
preferred (quait
5% iconverttble -preferred
3-21
Thome^"Bt©elXJo.,rcoimmori (increased)
Thrifty Drug stores, commonLr_
3-10>
7,7;77v7::':-7.7.-.,77:7v;:„f-p«r
\
Share
Waldorf System, Inc. (quar.)........
Walker A CO., class B (increased)
$2.50 class A (quar.)^—...............
Ward Baking Co., common—...
"5%% piereTred (quar.)
'
75c
75c
4%%
•
,
4-1
r
Class
7 7
7iTextram-'^Iun^^7^hidibhi.
-...
'
■
Ltd.
3—31'
4-10
4-19
15c
v
—
31%©
preferred A (quar.),-.
—
: Seiberling 3Ubber^5%r) pfd. A; (inuatf, $1.25
.
$1.13
A^/k% preferred;(quarP,, t $1.13
I Servel, Inc., $4.50 preferred (quar.) —
$1,12%
i Shaffer Stores Co., 5%
preferred (quar.)__
$1.25
Sharon ;Rallwayr;,1Co.v-u---^--A----»A---isi-,1-,7i] „ ;•$!..•
Sharon Steel Corp, (increased quar.)
50c
; Shattuck
(Frank G.)
Co. (quar.)—
—
25c
Shellmar Products,
common
(quar.)„
25c
:
4%% preferred (quar-):
59%c
Breweries,
3-31
37%c
(quar.)
5%
Sick's
'-«%
4.-10.
'
7
5-14
77:..\.= :i7"
-
Company
Agricultufal Co., Ltd.....-.i—....'J-:Waitt A Bond, Inc., $2 pfd. (initial quar). -••
3-21
•
u *20-: 7:7 4- 1
■
—...
common
—-—.—
,
1 vy 3-10
77,25c
i
com.
——
Bridge,
;
3-18
4-
30a
,,
(qukr.
Securities Acceptance Corp.,
■'
bearer
•
.
3-15
17- 4-18*
6-1
83%c
..
1
.,
2-20
4-1
506
9iy»c
?l%c
1
4-
77'
;
Waialua
2-28
1
4-
20q
Tecumseh
Products >V Co
Teiluride Power Co., 7% preferred (quar.)
:7'-7 $1-75
25C
Temple Coal Co., $6 conv. preferred (accum.)
? Tennessee
r
J 25c •7
Corporation (quar.
Tennessee Gas & Transmission—
;
/
$1.02%
4.10% preferred (quar.)
$1.02%
IOC
Tennessee Products, 8% preferred (quar.J.¬
50c
Texas Company (quar.) ._v-——-—
$1
Texas & Pacific RyM • common, (irreg.)—
10c.
Te«on Gil & JLand Co. (quar.)..
12-13
•:
Co.-—
Finance
(increased: quar.)
preferred A (quar.)
$ 1.50
4-
5-
I
—
(quar.)
Common
'
—
—,
1
85C
7-
Saiigamo Electric Co.
■
•4-
8-14
12-20
4 0c
,
7ft-30..
75C
5Qc•
.7
———
______
San Jose; Water Works, (qua?.)
:77 4-
■
Name of
.
...
•
>: vLtd.-.y(s4)
i
4-5
*7c
(s-a,)
Remedial'" Loan Associates,
Francisco.
V
$1
Tamblyn (G.) Ltd., common (increased quar.)
>4% :preference
(quar^)
t^Tftylor Instrument Coat (quar.>
r
■
"
•
,:7; 4- 1
*2c
Talcott
3-31
•
7.7^
3-15
1
......
Class ,'A
3-15
4-1'
St. Helen's Pulp & Paper (stock dtvldend) _■
100%
; st; tawrence Paper Mills Co., Ltd.—
.12 7.'-*$150'.::4-15.
;
6% ' preferred
(accum.)
—
Sfcv Regia Papers •
'7 .-V* f r~V- -Ty*'*
:
4- 1
$1,283
4.40% 1st preferred'A (initial) ——-—
•
Common
v,
Tacony-Palmyra
7
%
■7'V, ;354'
4-
-
40c
$4 preferred (quar.)_„___—^—;
Sylvanite Gold Mines, Ltd.; common..
3-20
1
Haider*
Payable, of Rec.
25c
•
(increased)"
Common
3-20
•7
4-
4-
■>v7' •
' > ./.?'
-
>
.
•4-30' v:-4-l8,
50cj
25c
$L25
$1
(quar.)..
Safeway Stores, Inc., common (quar.),——
'¥<. 5%
preferred
(quar.)__.
Safety Car Heating & Lighting (quar.)
i
^
When
77 Share
^
Swiff & Company (quar.
Sylvania Electric Products, Inc.—
3-12
.
^
^
7;v7.p: 77> 7: ^7* -?7: t;'t:-p ;7
Superior/ Steel Corp.l-_:
3-12
;.T
a, &..w.. Fine Foods, lnc/r—
W
■77; J ■ V
Payable of Rec.
3-31
Q Per
7:
Holdert
When
Pet
Share
1499
250 774* 1- y 3-19
$1.75 ,77 4- 1 7 > 3-19
750
3-29
3— 5
Slick
Withdrawn—
.
.
Inc.—Stock
Airways,
Registration
Statement*
,
77
The
ROfl AftH
company
charac
has
($1H
withdrawn
nov-l
its
ctfM»lr
registration
Thp
7
statement "covering
st.flt.PTDPnt;
whiP.h
WftS
filftft
-w\.s
said none of the
,j.v..
The company on Feb. 28 filed $1,500,000 4 % convertible income debentures and 167,871Mi shares of common stock.—V. 165, p. 1323.
'r,
iv"1
/.stock had been sold.
«..
.
•'
•
'<
■
Earnings Are Re¬
Dividends—Would Compel Borrowing, and
Guarantee Inevitable Failure—
> 7.
77 : ^ ^ y
To borrow all funds needed to an extent which would enable this
company and most companies to pay out dividends upwards of 70%
of
so-called earnings
in times like the present would guarantee
inevitable failure. Grant G. Simmons, President, told stockholders in
in
Profits
•
released on March 12.
*
-:
This company celebrated its 75th anniversary in 1946 by handling
a
record dollar volume of business, foreign, including Canadian, as
well
as
domestic.
Its net earnings likewise were at record levels,
-'being $5,880,703 or $5.08 a share.
Meanwhile the company is engaged
in
a
record rehabilitation and expansion program, and plans to
bring out more new products as soon as raw materials permit.
.yjV
'
"In 1946 the company sold more goods than evter before (sales of
$92,924,877 in 1946 compared with - $62,000,646 in 1945)
and used
money," said Mr. Simmons.
"No
such volume could have been
J.
;5r It is announced
for
v
The
%
}/
sales:.-.;™
of
Cost
6,378,487
$5,762,630
788,154
830,229
$14,561,186
income
$6,592,859
...—
."'Total
1,612,120
discount on sales
Interest on debentures and notes
Cash
660,740
225,753
313,027
—
and unamortized discount and
expense on debentures retired
Prov. for proposed Employees' Retirement Plan
•Prov. for possible decline in inventory values
premium
Call
deductions from income
•Federal normal income tax and
Federal excess profits tax (est.)
(est.)
taxes
income
State
(est.)
surtax
31,100
1,302,400
150,000
366~471
:
—
ii
-
tNet income for. year
...
surplus at beginning of year
♦Balance of resen(e for war contingencies no
required
longer
Cash
J
dividends
—-
.__
i
$5,880,703 $2,708,085
10,791,190
9,530,899
1,170,482
—.——
J
Total
1,184,243
Crl07,000
Earned
11
81,795
1,521,765
income and excess profits taxes (est.)
tRefundable portion of Federal taxes (est.)
'V
-J;
( >
•
,
'
" vf y, | „ it ...
'.Jy
Foreign
J $17,842,375 $12,238,984
—
2,316,472
1,447,795
$15,525,903 $10,791,189
Earnings per common share.
>__
$5.08
$2.34
•Reconversion costs and loss on inventory amounting to $88,705
were cherged to the reserve for war contingencies
and possible decline
In inventory values, resulting in a reduction of $33,708 in the provision
for Federal
taxes on income and a corresponding increase in
the
consolidated net income for the year.
The balance of $1,440,482
in the
reserve which was provided
from income in prior years has
been transferred to the following: the amount of $1,170,482 applicable
to war contingencies and no longer required has been transferred to
Earned surplus
at end, of year
__
transferred to a new reserve for
contingencies; and $225,000 has been transferred to a new reserve
for. possible decline in inventory values.
tOn income of prior years arising from "carry-back" of unused
excess
been
has
$45,000
surplus;
earned
profits credit,'
*
.
been
determining net income from the year 1946 there have
deducted the following:
provision for depreciation, $780,517; main¬
tenance of properties, $2,514,873; state and miscellaneous taxes,
than taxes on income, $1,366,677.
'
'
' '
' ' c*
The
statement of income for 1946 includes net income of foreign
tin
branches
other than the subsidiary in England,
$1,497,396.
These items were translated into United
States dollars on the basis of the average of the month-end
«f exchange for the period.
<
< and
to
amounting
rates
Profits Control
concluded for the year 1945, and it was
amended, have been
excessive profits had been received.
are subject to the final determination of the lia¬
bility for Federal income and excess profits taxes for the years 1942
through 1946. If and when accumulated profits of foreign subsidiaries
are
transferred to the United States, Federal income taxes may be
Act,
as
determined that no
statements
The
in excess of the
payable in an amount,
taxes paid at source.
-
* CONSOLIDATED
;
'.■P ASSETS—'
allowable credit for foreign
v
BALANCE SHEETS AT DEC.
banks and cash on hand__
Savings Notes, ser. C, at cost
TJ. S. and Canadian Govt, securities, at cost___
Postwar refund of excess profits taxes
tNotes and accounts receivable (net)
$u, S.
Investment in
rent, taxes,' etc
wholly-owned subsidiary in Eng¬
investments, real estate and
ceivables (net)
:
Miscell.
buildings,
fLand.
taxes—Canada
machinery and equipment
charges
Deferred
Goodwill
1
Total
—;
_____
LIABILITIES—
!
.
..
.
.
in
for
Reserves
6,058,362:
ues
and
Earned
par
surplus
value
Total
—r
—
—
——
The
under
in
inventory
to
'
1
Railway
The
addition
tneir
to
record on the record date to>
rights. The rights
1236 and 1323.
l,
preemptive
See also V. 165, pp.
for the
determinations
the
made
in
respect of available
dated
required by the income mortgage,
1946
year
net
the
for
income
year
for the year 1946.
Co., 1 Wall Street,
New York, N. Y., is Corporate
Irving Trust
directed
the
that
^
^
bonds
$1,C00 bond on March 19, 1947; and
the bonds shall continue to be dealt in "flat." —V. 165, p. 1236.
ex-interest
quoted
$45
per
u
be
that
Standard Gas & Electric Co.- -Asks Extension, of Bank
Note—
The
company
of
$13,350,410
on
March
bank
unpaid
11 asked the SEC for authority to extend
note balance due on April 10 to May 10.
The
application said, have
participating banks, the
tension.—V. 165, p. 1236.
agreed to the ex¬
Arabian
See
American
Oil
Co.
above.—V.
165,
p.
1323,
Standard Products Co<—Earnings—
for 6 Months Ending Dec. 31,
Earnings
Other
•
1946—
$5,316,905
23,301
sales
Net
income
-
—
Total;.;.—
Cost
-
—
—
-sales________-_—_—
of
selling and engineering expense—
Provision for Federal income taxes
(estimated)
administrative,
General
Rehabilitation
of
Port
Huron
plant
$5,340,20®
4,702,520
511,465
9,887
100,204
—
$16,132
profit
Net
BALANCE SHEET, DEC.
31, 1946
ASSETS—Cash,
$1,461,299;
accounts
receivable,
less
reserve
of
$1,317,319;
inventories, $1,397,689; investments and other
$247,171; land, buildings, machinery and
equipment (after
reserves for depreciation of $1,145,422), $1,402,474;
patents and patent
licenses, at cost, less amortization, $23,897; prepaid insurance, taxes
and miscellaneous, $157,192; total, $6,007,041.
-•
• '. ;
$15,000,
assets,
LIABILITIES—Notes
31,930,117
to
bank,
$107,143;
accounts
payable,.
Fed¬
tern*
common stock
(par $1), $300,000; paid in surplus*. $171,594; earned surplus, $2,589,658; total, $6,007,041.—V, 162, p. 2190.
eral
1946
payable
taxes, insurance and miscellaneous, $237,258;
income, $99,322; notes payable to bank
(7-year
payrolls,
$509,209;
taxes
on
loan); $1^92,857;
Transportation
32,376,934
jl
expenses
(New Jersey)—Acquisition of Stock
Standard Oil Co.
Interest in Arabian American Delayed—
$42,212,890 $41,964,351
Starrett
Vixed
Corp.—Interest Payment—
interest amounting to $25
per
$1,000 bond plus income interest
$5 per $1,000 borfd (total $30.00 per $1,000 bond) will be paid onu)
April 1, 1947, to registered holders of the> ;5% secured income bonds,
series of 1950, due April 1, 1950, of record at the close of business om
of
>
r
15, 1947.>■.•> •>"
Accordingly, the! Committee on Security Rulings of
March
Net
from
revenue
Federal retirement
$9,835,956 $10,034,234
railway operations
—634,240
1,220,584
taxes
617,550
720,935
1,241,706
Unemployment insurance taxes
1,199,070
county and city taxes
Miscellaneous
—:
taxes
Equipment rents (net)—
Joint facility rents (net)
—
—
1,405,754
121,912
1,552,715
150,794
Net
'!
$3,539,273
railway operating income
581,847
Other
income •'
.
$4,401,698
390,254
Exchange ruled
Curb
to
■y
r.
Sterling Engine Co., Buffalo, N. Y.*—New Director—
Robert Russell, Assistant Sales Manager
International Co., has been
—V.
163,
p.
2201.
'
Total
Interest
697.500
Other
._
income
—
deductions
funded debt—bonds and notes—
miscellaneous
on
fixed
$4,121,121
;
50,929
1,549,778
230,460
charges
$4,791,952
50,931
1,741,900
24,040
6,166,132
'
'
Net
8,623.376,
10,791,18
income of S.
♦Net income
P. Transportation System—
of Solely
Controlled Affiliated Cos.
■(■Consolidated adjustment
—$52,310,328 $40,699,858
Consolidated
income
$2,975)081
Crl74,805
$2,922,350
income of S. P.
Stern &
The
cents
iyr'-i.,!!-■ V
.,•■•
have
declared
a
regular
quarterly
12!&?
of
share on the common stock, payable April 1 to holders' of
17,
and a dividend of 56 cents per share on thet
March
preferred stock, payable July 1 to holders of record June
For offering of common stock, see V. 165, p. 343.
$3,195,944
v
dividend
v'
.
16.
.
'
.
46,057
interest on cernot credited to
Transportation System.—V. 165, p. 1235.
per
of the Westinghouse Electric:
elected a member of the board of directors-
Stern Textiles, Inc.—Dividends—
directors
record
Crl74,805
•Excluding S. P. RR. Co. of Mexico.
-(Representing
tain bonds of Solely Controlled Affiliated Companies
■(
;
net
$2,289,954
457,590
the New York
'-'ex-interest" $30>
that the said bonds be quoted
$1,000 bond on March 12, 1947, and that the bonds shall continue''
be dealt in "flat."—V. 165, p. 1324.
■>
per
1.647,301
Cr79,986
1,496,643
taxes
Federal
1,529,188
values and I other contingencies, i $317,500; - and
that of the 64,438 shares of
stockholders of record Feb. 25
1938.
able Net Income"
of 1,000,000
approval.—
1947
revenues
operating
in
Trustee under said income mortgage.
The
New
York
Stock Exchange has
,
of
Co.—Earnings
Month of January—
Railway operating
share of
1946, determined as provided it*
the income mortgage, was $221,761.
Of this amount nothing was ap¬
propriated and credited to the "Capital Fund Account" and of the re¬
mainder, $120,141 covering all interest to Dec. 31, 1946 will be applied
pro rata to the payment of accrued interest on the income mortgage
4\'2r/c bonds, series A, at the rate of $4.50 per $100 bond.
All of the
said bonds are in registered form without coupons and holders of record
as of 3
p.m. (EST) on March 22, 1947 will receive checks on or about
April 1, 1947 for such interest.
./
1.^;.
No appropriation or credit to an
"Equipment Fund Account" was
made.
Series A sinking fund was credited with $14,232 out of "Avail¬
'
Pacific
shares
expired March 7.
directors have
1,
Available
1st mtge.
165, p. 1236.
Southern
for
income
Jan.
at Room
to 9:30 a.m.
Calif, up
14,
The charter permits a total
subject only to stockholders'
100,000; shares.
outstanding,
savings
tax
per
Spokane International RR. Co.—To Pay Interest—
The
Telephone Co.—Plans Bor¬
.
be
$3.45
preemptive rights granted by the company's charter on the basis
for each ten shares held.
Subscriptions for the remainder
to subscribe
500,000 shares of $100 par and
shares
w
Federal
was
•
given by the company to stockholders of
the stockholders it can issue an
Total
consolidated balance sheet for 1946 includes, with respect to
owned subsidiary in Canada, (a) net current assets, $2,855,<b)
net fixed assets, etc,, $1,861,741; "(c)
reserve for possible«
Seciine*
.
i
,
,
balance
13,102 shares were oversubscriptions made pursuant to the privilege !
of Calif.—Bids Invited—
has outstanding
additional
V.
-
now
L
such
items,
per
subscribe
authorization already given by
company
stock.
$2^483,048 f $1,235,462.
•$3.85
$1.91
stk;:
non-recurring
eliminate
to
non-recurring
coni;
company on March 10 announced
stock offered for subscription to
to the
of
expects to resort to temporary borrowings to finance
plan expansion after the end of the current quarter.
"But it seems
likely that some form of permanent financing will be necessary late this
year or during 1948," Allerton F. Brooks, President, advices stockholders
in the annual report for 1946.
: ,
A
substantial
portion of
the construction and equipment costs
probably will be provided from sale of additional common stock.
To
this end, the management expects to ask stockholders to authorize the
directors to issue new stock up to the charter limit at such times as may
be necessary.
shrs.
Co.—Weekly Output—
Flower
Englandi
adjustments
other
254,684
preferred stock-——
cum.
to
of one share
of this company for the
kwh. as compared with
New
applic.
.
$1,478,859
243,393
$2,737,733
share, 60,929 shares, or approximately 95% have been
subscribed for by stockholders, leaving 3.509 shares which will be sold
to the underwriters. Subscriptions for 47,827 shares were made pursuant
This company
39,084
6,166.132
1.654,434
I
dividends
$34.50
at
.75,000
8,623,377
:.i,
—
income
The
rowing for Expansion—
8,000,000
75,000
15,525,903
deductions
397
Subscriptions to Common Stock—
;
.
whollv
South
810
Southern
•Th*
_
output
2,332,000
St.. Los Angeles
(PST) March 24.—V. 165, p. 1323.
934,
3,190,999
49,005
.
other contingencies
surplus
*
10,500,000
contingencies and possible
inventory Values
possible decline in inventory val¬
•♦Capital stock, no
$4,143,915
2,665,055
779,676
63,472
/■sU
common
800,000
war
Capital
$4,392,166'
net
Southern Counties Gas Co.
381.403
proposed Employees' Retirement
—W-~ttNotes payable of Ccfrttpany
___
Deferred income (premium on notes payable) __
Reserves
for self-insurance __—_—:
decline
$337,986
common
conversion and exchange rights.
Company is inviting bids for the purchase of $6,000,000
3%
bonds, due 1977.
Bids will be received by the company
$1,903,486
for
for
107,039
515,546
12,765,064
40,266
1
671,116
Plan
Reserves
$401,923
and
week ended March 8, 1947,
2,083,000 kwh. for the cor¬
responding week last year, an increase of 14.4%.—V. 165, p. 1323.
145,958
$3,143,934
Accrued
Provision
Dr4,50I
income
•After
held in Los Angeles on
proposes,
Southern Colorado Power
State,
.
payable
interest, wages and other expenses
Accrued Federal, state, local and foreign taxes
9,008
644,670.85
.Earned per common share
issues.
Electric
$52,310,328 $40,699,858
Accounts
$4,383,159
29
Balance
the present series B 6% and the series C 5V2r/«
preferred issues according to the company's proposal, none of the
presently authorized preferred stock, the series A 7%, the series B 6%
and series C 5V2%
may be reissued.
With the retirement of the pre-'
ferred issues, the company's capital stock will rank as follows: original
preferred, cumulative preferred, preference and common stocks.
The details of the refunding program will be presented to the stock¬
holders at the special stockholders meetings in May1.
The plan will
result in a reduction in dividend requirements of the company and a
readjustment of its capital structure.
By means of the contemplated
exchange offer these objectives may be realized without materially
disturbing the satisfactory relationship between the company and its
stockholders.
The company anticipates an exceptionally high rate of
exchange by its present preferred stockholders. The exchange program
will require the services of a large, well organized group of securities
dealers throughout the United Ftates.
Details of the financing and
discussions relative to a wide underwriting group are being carried on
with The First Boston Corp.
The company has asked the California P.
U. Commission for an order exempting the new securities from the Com¬
mission's competitive bidding rule.
The company's application to the
Utilities Commission was signed by W. C. Mullendore, Edison president.
Stockholders also will be asked at the special meeting to approvfe
change of the company's corporate name from Southern California
Edison Co. Ltd. to Southern California Edison Co.—*V. 164, p. 2590.
totaled
$4 ,148,417
$337,956
Accrued
necessary
company
777,55®
791,177
4,784
600
stock¬
to the company's
.5,083
62,816
$401,322
System—
82,563
543,643
14,698.916
220,009
1
;
-
425
Net
Upon retirement of
sundry re¬
refund of excess profits
Postwar
t145,958
the
C 5Va%
_
consolidated
not
land,
.
.
1945
$7,647,093
1,702,709
1,075,450
256,515
9,412,622
5,245,359
18,959,758 10,991,540
282,186 > 207,319
$6,822,720
401,953
740,000
Treasury
Inventories,
Prepaid insurance,
'
31
1^46
•,
Demand deposits in
v
submitted
583,485>
824,815'
inc.
74,214
of
Income
according to its application to the Commis¬
sion, to call all of its outstanding preferred series B 6% stock and series
C 5V2% stock that is not exchanged at its call price of $28.75 per share.
The unexchanged portions of the new issues will be sold, the proceeds
to be used for the redemption of the preferred series B 6% and series
proceedings under the War
NOTES—Renegotiation
be
4, 061,511
,
^31,556 ./
;
.
franchises-
for
Gross
-
respect to dividend rates and
other
subsidiaries
will
$10, 366,92S
4,128,131
45,197
-
.
Net oper/ income_i^__
Other income
will
Calif.—V. 165,
approval of the stockholders to the amendments
articles of incorporation, the company will create two
be known as "Cumulative Preferred Stock" and
"Preference Stock." A total of 1,653,429 shares of each class of new
stock will be issued, the shares having a par value of $25.
Holders of the
present preferred series B 6% and series C 5Vz%
stocks will be offered the new shares on the basis of one-half share of
each class of the new stocks for one share of the series B 6% or series
C 5Va% issues. The company proposed to make the new "preference
stock" convertible into common stock.
The company will submit to the
'Commission at the time of hearing on the application its plans with
427,500
20,298
program
>
'.,1947—12 Mos.- -1946
retirements...
classes of stock, to
new
The
3,706,575
than
63,323 ';
-
>
318,183
79,221
Amortiz.
Ltd.—To Create New
approval at special meetings to be
for
With
268,469
Other
refunding
•26,748
$828,023 $10,752,422
-
386,744
...
(other
Prov.
per
to the company's
800,000
contingencies
other
and
$1,005,252
taxes)
next all of
about May 6.
or
9,308,299
operations...:——
from
Income
Other
1947—Month—1946
revenues
expense
Taxes
value of $82,671,450 to be used for the proposed retirement
on
an
exchange basis of all of its outstanding preferred series B 6%
stock and series C 5V2% stock.
>V■ :v
«
•
■'
17,499
.
par
holders
$13,773,032
application
an
31,812
$44,502
Southwestern Public Service Co.-—Earnings-
March 11 filed with the California P. U. Commis¬
to issue two new classes of preferred' stocks with
The company on
sion
: total
$92,924,877 $62,000,646
69,843,546 49,859,529
,Selling,,general and administrative expenses...
,
169,143 ,*
>
$35,720
-
.r: \
$245,457
239,895
28,387
____________——-—
^
70®
.
$304,002
:
operating income
$246,157
500
—
Operating
April 15,
on
Bank of California, N.A., San Francisco,
Southern California Edison Co.,
CALENDAR YEARS
1946
1945
—
$304,502
£
—
Period End. Jan. 31-
6% Preferred Stock—;
redemption
for
Co.—Earnings—*
Preferred Issues for Exchange Purposes—
•
The
ACCOUNT FOR
___:
—
Net after chargesV. 165, p. 1236,,
343.
p.
liabilities.
iji
:
sales
Net
Net
Oil Co. above.—V. 165, p. 1323.
called
has
company
be. made at the
or
CONSOLIDATED INCOME
Telephone
January—';;;.1947 ': wv.*1946
Operating
outstanding shares of 6%, cumulative preferred staock at $100
share and accrued dividends amounting to $1 per share. Payment
.
!-' ,
to meet the
all concerned."
increase of
$9,493,253 over the same 1945 date, but' current liabilities of $11,385,412 were up $5,409,524 leaving net working capital at $25,233,826
$4,083,729 over a year before or a current ratio of $3.22 of current
dollar of current
Associated
Operating expense#
,
\
the
must be repaid.
"V *'*
,
"Fortunately, we ended 194S in': a strong position
future. I know of no better insurance for
Current assets as of Dec. 31, 1946 were $36,619,238, an
every
..V'T,
,
Operating revenues
of Stock
Socony-Vacuum Oil Co., Inc.—Acquisition
Interest in Arabian American Delayed—
Soundview Pulp Co.—Calls
day
for
is
collateral
See Arabian American
unknown
assets
Month of
mortgage
exchange
prepared to make delivery of definitive first
trust bonds 2%% series due Dec. 1, 1975 in
temporary bonds.—V. 165, p. 1323.
'
'
York
New
and
.
'
1323.
p.
Maintenance
produced if a lot of new ma¬
chinery, tools and equipment had not been bought and installed, to
say nothing of replacements.- Very few companies had the permanent
capital necessary to sv/ing such a volume of business as was seen in
'1946.
Management had but three courses to follow: to borrow heavily
Mn one ^drm or another,''to use earnings, or to do both.
The latter
is what Simmons Co. did. ' >' * -- "
,
1
l»
-"Not only did we use a large share of our earnings to increase
.^production, but we borrowed an additional $3,000,000 which some
y
~ $5,814,519
1-
165,
Operating revenues
Uncollectible operating revenue
Co.—Definitive Bonds—*
that the Commercial National Bank & Trust Co. of
>: '•
—Jan. 1 to Feb. 28—• :v
V/." j.946 ,.' ;'"-194?
:
1946
$5^718,437 $47,127,355 $45,217,029
1947
Southwestern
: •
! more
Earnings—V
Week End. Feb. 28
-
i;o''
Gross
—V.
'
•>
Monday; March 17, 1943?
..Operating; taxes.
'
,
"
•
Sioux City Gas & Electric
pamphlet report
the
W';,,Ys
Period—
.
70% of
Year—President Hits Paying
ported for 75th
Southern Ry.- -Gross
into
...
> The
i
Co.—Record Sales and
Simmons
-s;..v
<•■ r*
\
earned surplus, $3,493,039. The net current assets were translated
United States dollars at the rate of 95 cents per Canadian dollar.
net fixed assets, etc., at approximate rates when acquired and
the reserve for possible decline in
inventory values and other con-;
tingencies at rates in effect when provision therefor was made. tThe
company's equity at Nov.,30, 1946,. in the net assets of its wholly
owned
subsidiary
in
England, not consolidated, was $204,492
in
excess of the amount at which
this investment is stated,
tAfter re¬
serve for
doubtful notes and accounts receivable and for cash dis¬
counts of $491,413 in 1946 and $377,372 in 1945. §After . reserve for
depreciation of $24,758,204 in 1946 and $24,739,165 in 1945. ^Including
accrued interest.
••Represented by y 1,158,236 no par shares, ttDue
$712,000 per year to 1958, $956,000 in 1959, with final payment. of
$1,000,000 due May 16, I960.—V. 164, p. 1914.
1
(d)
effective Jan. 28, but the company
became
9,
Dec.
f
'v
'
at.
FINANCIAL CHRONICLE
THE COMMERCIAL &
C 1500
w
Sun
J.
Oil
Co., Phila.—President
to Retire—
>■
Howard Pew, President of this company for 35 years, on March S
his intention to retire from the Presidency on March 1®hold their annual meeting,
j,
* f
'•■•* * •* - ' ♦
announced
when the stockholders
im
Mr.
Pew stated he
.
would recommend to thfc board of directors to bo
<
in i
company.
creation of an executive com¬
11 to 15 members,'.
had resigned as VicePresident in charge of manufacturing, but would continue as a member
of the board of directors.
...'V.*
1
mittee and
*
He
increase in the board
an
the annual meeting to
stockholders at
The
will
be held on March 19
the authorized
par value.
The increase is for the purpose of splitting the outstanding common
stock on the basis of six new shares for every five now held.
If the
stock increase and split-up are approved, there will be 4,136,208 com¬
wote
on
recommendation by the directors to increase
from. 4,100,000 to 5,000,000 shares of no
a
stock
ccommon
outstanding.—V. 165, p. 853.
shares
mon
*•
resistant materials for
of
!
$535,000 has been approved in
Ohio.
:
The
Jn
bid
Armour
also
Referee
confirmed by C. D.
was
Friebolin, Special Referee
that company twice raised
sale of the plant's
after
Bankruptcy,
The
-
Ohio plant to Armour1 & Co. for
Federal Bankruptcy Court, at Cleveland,
corporation's Alliance,
the
confirmed
its bid.
automotive and con¬
Baxter
Trust
late
offered on March 12.—y, 165, p. 725.
(bids ubovq the$55,OOQ
165,
H.
the
yearly
meeting
:
April 12 the stockholders will vote on an
on
option plan, 'providing for the reservation of- 35,000
snares for saie to oiiicers and key employees. It is
proposed to grant options to purchase 25,900 shares at $11.50 a share,
with 9,100 shares to', be reserved for future allotments. The directors
.have granted among others, Lawrence S. Reed, President, options to
purchase 10,000 shares; , and Val T. Billups, Vice-President, and W. H.
Hendrickson, Vice-President and Treasurer, 5,000 shares each. Stockjholders also will be asked to approve an employees' pension plan, to
include all employees'-who ,Jhave been with the company at least five
(employees' stock
■unissued capital
-
■
in excess of
'■
Results from
-Texas/A:pacific Ry.
•.
i
2%,% of monthly pay on
$250.—V. 165, p. 853.
.
Participants will contribute
years.
$250 and 5%
t.
Month?
■
the first
—
1943
$4,495,807
$4,527,248
- 3,131,784.
3,483,490
expenses
-
$1,012,317
tax accruals:
Equipment rentals (net
Hallway
Other
Fixed
—V.
59,905
$608,758
$848,919
8,915
234,829
6,670
234,196
$365,014
$608,053
—
income
—■
-
certificates shall be a
Will *vote: March 18 on approving a-proposal to
authorized capital of the corporation by changing the par
capital stock from $25 to $15 per share; so that the
authorized capital stock shall be $4,500,000*—V. 165, p. 344.
;
Co.—Merger
$1,000,000 Preferred Stock
'(par $100) privately to
Pension Fund of a large
time
Three
i
years
During
•office.
of
"ditiori
its
two insurance companies and the Employees
corporation was approved. The proceeds will
in part:
have now elapsed since the present management took
this periodc .ompany has been recapitalized; the conproperties has ;been ■ improved; the unprofitable ■' bus
receive
a
recapitalization
return
on
was-
completed.
fund
i
debentures
be
refunded
with
an;
issue of
two
Fund
.plus
?
of
a
large corporation
to
purchase
such stock, at $100 a share,
accrued ..dividends.
' \
'
have entered into a merger agreement
1, (."'Tidebel i$ a North Carolina corporation
"I.
„
- •" - •
with The Tidebel Co.
which was. organized and
entitles
warrant
Each
PURCHASE
STOCK
warrants have been
purchase
holder
the
^
UNDERWRITERS—-The
the
company
No.
Corp.—Reduces
Ohio
The
connection
board next
Wilson who
Vice-Presi¬
Co.______ 15,000
Walker &
H.
Harris,-Hall
Company.
United
Inc.—
5,000
I.
Jan. 11,
American
Power
Service
Works
Water
Corp.,
Corp.
the
of
and
Commonwealth
Jersey.
New
at Dec. 31. was $117,233,797,:
14,529,480 common
standing
pp.
1238,
1324.
&
..v
3,674,845
2,591,864
2,233,904
$1,316,220
$1,017,406
$1,121,823
United
:
V
:
Fruit Co.—Director of
Edmund S-
Whitman
will
—V.
165,
p.
1238.
,
-
All
sales
of
:
profit
research
&
f
V
income—.
other
166,838
920,080
$1,033,926
170,252
689,703
.
$569,881
$499,645
pl73,971
$273,603
37,738
9,067
12,332
$183,038
$285,935
..
$1,586,563
23,433
/
$537,383
$593,314
17,002
20,894
12,057
24,4^9
surtax
173,000
165,000
54,217
81,93t>
J_
shares.—V.: 165,
&
tax
excess-profits
V
British
profits
cess
Net
.
profit
Divs.
on
Divs.
on
7%
p.
ex¬
taxes—
—_
pfd.
common
165,
10,000
tax
and
income
=
value
declared
Federal
152,085
635,472
bank loans.
1
on
inc.
*$60,663
120,342
-v
Profit.
Interest
FPd.
$16,520
,
625,997
expsf
operations ■>
Profit from
Total
i
1,804,82J>
1,865,492
$1,061,160
$1,316,220
prod'ts, gross prof.
Devel.
Publicity.
He will
^
7
Railways Co.—New Director—
Ralph T. McElvejiny, Vice-President and
the Board, has been
cost
stock
stock
13,997
16,160
$102,767
$163,430
19,103
,19,103
19,103
28,834
,58,004
29,002
47,000
26,841
$356,312
$314,648
115,338
•
1363.
Publicity—
has been named Director of
"7"*;/:';;
219.563
203,043
z
.Sell.,_adm,.& gen, exps.
of company publicity and information services,
continue to serve as the company's advertising manager.
United Light &
*
>
also
t-
con¬
arms
■
Gross
supervise all functions
He
(small
Manufact.
—V.
•
$3,355,727
■
y„ :
v
$3,609,270
$1,586,563
and the Public
and 1,136,189 preference
1944
$5,261,408
2,478,770
of
cost
tracts)
Net value of the company's total assets
;At the close of the year United hadiout-
.7C:.7
1945
sales
Sales
—
that during 1946 it
various utility com¬
Southern Corp.
:;
1946
$3,794,990
Manufact.
Corp.i received securiites of the
Co.. Inc.; the Niagara Hudson
Electric
•
Years Ended June 30-
r
'47
mach., parts & jobbing
By reducing its holdings of United Gas Improvement Co. stock
606,622 shares to 121,332—thus relieving UGI from subjection to
Holding Company Act—the United
the
EARNINGS
OF
1,000
1,000
M. Simon & Co.—
winding
Total net sales,
panies.
from
1,000
Grubbs, Scott and Co.__
5,000
Arnold,
&
Kirchofer
;
corporation in its annual report disclosed
$17,137,110 from the sale of securities of
The
received
l.OOOr
Whiting, Weeks & Stubbs—
Improvement
Gas
1,500»
Ball, Burge & Kraus—.
C. Bradford & Co.
J.
Co
STATEMENT
.
3,009
3,000
Kay, Richards & Co.—_
10.000
10,000
(Inc.l_
Co.
&
7,500
&
Sutro
and cargo
Wis., and
cities with 65 other points on the
*
-
No. of
Share®
Herrman & Co..
R. H. Johnson & Co.—.
Henry
36,000
Reynolds & Co
G.
the
Cedar Rapids.—V. 165,. p. 1363.
daily flights out of
as
of
28 Wks. End.
Inc.—Service Extended
these
several underwriters and the*
follows:
the
Shares
Co.—Expansion—
Rapids, Iowa—linking
of
names
several amounts underwritten are
the
for
the
corporation plans to inaugurate daily passenger, mail
on April 27 to two mid-western cities—Milwaukee,
United
Finally,>it
Directors
winding
are
WARRANTS—10,000 fcominori/'"ft'toclC
authorized and issued by the company.
thereof to purchase, any time .after
issue thereof on March 25, 1946, one share of the common stock o*v
or before March 15,
1949, at $10 per share..
COMMON
has purchased part of
Holdings—-^
Th^ management,.has, accordingly, negotiated for the private sale
' of ihS, 10,000 shares of new preferred stock
and has obtained com.mitments from,two insurance" companies and the Employees' Pension'
-
coil
of
spools.;.v
machines
route.;
-
-
compact pack¬
spools or other
is done on hard supporting centers,
•*
used principally by the textile industry in—
eluding yarn, cordage and textile manufacturers, to wind practically
all
types •> of
fibres,11 including
cotton, : wool, worsted,
rayon,
nylon
and other synthetic yarns, and also heavy cords and light ropes. Colt
winders are used by the electrical industry in winding various types
much
Winding
"should, earnings
.
iisfc
support to
or
company's coast-to-coast and Pacific coast
. : '
Harold Crary, Vice-President—traffic and sales, said the inaugural
service will include four daily Mainliner flights out of Milwaukee; and;
3%% sinking
,
and
been,
has
organization
since
Company
Maine
-
Brothers
Cedar
10,000 shares of new
sufficient to make the annual payments not be
would reduce the ratio of the company's debts
"-to-its assets so that, in the opinion of counsel, the payment of divi¬
dends on common stock would riot presently be subject to the above
'mentioned legal restriction.': •
>'
'
of
schedules
capital
structure. <' Its' would
release,* and make available for contemplated
extensions^! and""improvements
of the
company's facilities, funds
•araeunttag to. approximately $350,000 which would otherwise ultimately
applied ^ to. redemption of debentures.. It would relieve the company
from .the fixed obligation to pay $100,000 a year as a sinking fund
.cni the-debentures and .would .substitute a $50,000 annual sinking fund
'""©hi'the 10,000 shares of-new preferred stock, subject to deferment
available.
1893.
Gross profit
$4*25: cumulative first preferred stock.v (stated value $100).:
Such) refunding
would give company a more conservative
-
.
successor
a
in
although
,
company
The
their investment.
xeeommend that company's outstanding $1,000,000 of
\
BUSINESS—Company Was organized in Mass. JUsnr
to a Maine corporation of the same name-
AND
as
Dietrict, Holcombe, Leslie,
Messrs. Bradley,
nominees,
six
United Air Lines,
the two years
However,-North Carolina, law prohibits the payment of dividends by
public service, corporation unless its debt amount to less than threefourths of its assets, and the ratio of company's debts to its assets
-must*be. reduced before dividends can be paid.
The necessary reduction
-would be accomplished if part of the company's bonds were replaced
with'an. issue of preferred, stock.
For this and other reasons, directors
'
10,000
.
hold the package in shape during shipment or whicix
might interfere with steady and free unwinding in subsequent manu¬
facturing processes.
This same principle is employed to some extent,
i: in
coil
winders
manufactured
for use
by the electrical industry
the manufacturing facilities of
Manufacturing Co. of Joliet, 111. Several carloads of
equipment, tools and dies are being moved to Youngstown, Ohio, and
will begin producing in six to eight weeks—V. 160, p. 2795.
The
Knapp
a;
I
'
'
.
and
Truscon Steel
'
•
{$5 par>—1,000,000 shs.
onto
ages
end
shortly to stockholders in connec¬
who resigned in
with the refinancing program and will also retire from the
month are: Jack Frye who had served as President, T. B.
had been Chairman, and E, Lee Talman, formerly Senior
dent.—V. 165, p. 1237.
Company's qash position is
sound, with resources believed adequate to carry forward its program
•of
constantly improved public service.
Under these circumstances,
current earnings
should permit the holders of company's stock io
the
$978,750
100,000 sha.
238,340 shs.
*
10,000 •
winding of yarn, thread and other materials in
inexpensive supporting centers requiring no
the
in
refinancing of TWA last January when the majority
$10,000,000 for working capital. At the
to reorganize management of the airline was
succeeding board.
Three former officers
operation, as well as the gas system in Golsboro, have been disposed
<of
at satisfactory prices; numerous extensions and improvements of
the electric and gas systems have been constructed; and electric rates
ifcave been reduced by an estimated total of $168,000 a year.-; All
these
accomplishments* have resulted in a- better performance of
company's obligations to the public., 7, '
•since
' Outstanding^
'
corporation was, engaged in the production of
With certain exceptions such as the filling winder
which winds directly onto the filling bobbin, the present day winding
machines manufactured for use by the textile industry are employed
■
Wright were among 13 new members added to
board at that time to effect a working, control of the airline
the majority stockholder.
The other seven men now serving on
board
until
the
annual meeting will retire upon election of
first preferred stock
(..^.•^C0ih^an^.'<.'hasvtiftleo.';';improve<i its earnings during
w v. • • Authorized
3, 1956
$1,250,000
pfd. stock ($15 par)
100,000 shs.
conv.
Feb.-28, 1947, stockholders voted to increase the authorcapital stock by 600,000 shares of common stock ($5. par) ahtl
the 100,000 .shares of convertible'preferred stock. ;; : v ;;.j,
•
i:>.
1916
program
a
other
Simpson
voted to merge The
8>e used to refund $1,000,000 35/8% sinking fund debentures.
In a letter to stockholders Warren W. Bell, President, states
"
.r
winding machines.
stockholder, the
TWA
instituted.
Privately
a
,
stockholder loaned the company
Approved—Places
meeting held Feb. 14 the stockholders
Tidebel Co. into Tide Water Power Co.
The sale of 10,000 shares of $4.25 cumulative
At
v"
Andrews,
of
prior to the
bers
same
The
Power
Water
Tide
cumul.
^predecessor
Like
;;
the
of
capital,
loan due to Jan.
.
by
New
Messrs. Richter and Collings,
six of the nominees—Messrs.
Cohu, Crosley, Maestre, Pierson, Scribner and Talbott were board mem¬
Co.—To Reduce Capitalization—
areduce- the
"value
bank loans obtained during
increased inventories and
approximately $570,000
finance
to
the remainder of
use
,
stockholders
The
•
i
order
board nominees
firm
ing proxies which, will go forward
tion with the annual meeting.
(John- R.) Thompson
working
short-term
pay
in
fV\7 V'' '• ;V."
' •V/-7.
,
■;
are: Palmer Bradley, a senior partner of the % Of COils.
Company produces a complete line of textile w'nding machines ami
Kurth, Campbell and Bradley of Houston Tex.;
four or five other manufacturers compete in varying degrees with otio
Lamctte T. Cohu, Chairman- of the board and General Manager, of
or
more
cf the types in this line.. Company believes-that it sells
Northrop Aircraft Inc., Hawthorne,. Calif.;, Powel Crosley Jr., Presi¬
greater proportion of its product outside of the United States ami
dent of Crosley Motors Inc., Cincinnati, O.; Noah '■ Dietrich, Executive
Canada than any other domestic, manufacturer.
Company's winding
Vice-President of the
Hughes Tool Co., Houston, Tex.; Oscar F.
machines sold in European countries including the British Isles nor¬
Holcombe, Mayor of Houston, Texas; A. V. Leslie, Assistant to -1 the
mally compete directly in most types with manufacturers located in
Executive Vice-President, Hughes Tool Co.; Sydney Maestre, President
those countries.
This is true but to a much lesser extent in other
of the Mississippi Valley Trust Co.; St. Louis, Mo.; Warren Lee Pierson,
foreign countries.
:
1f
•
' '
President of the American
Cable St Radio Corp., New York City;
The company believes that for many years, pr.'or to the
war,'1*.
Gilbert H. Scribner, senior partner of Winston and Co., Chicago, 111.;
was and that it still is one of
the largest manufacturers of textile
A. D. Simpson, President of the National Bank of Commerce, Houston,
and
electric
coil
winding
machines and
the leading producer of
Tex.; N. S. Talbott, President of the Talbott Corp.. Dayton. O.; and
certain types of such machines.
It is now producing 20 different wintkLoyd Wright, member of the law firm of Wright arid Millikan, Los
ing machines including 13 textile winding machines and seven coll
Angeles, Calif.
winders,
"
,
The names of the nominees are contained in a statement accompany- .
of Certificate—
permanent
only
to
months
NOTE—On
cannot
Other
law
up
ibegining March 28, 1947,
delivery.—V. 165, p. 344.
couvertirig:
and
'
Exchange on March 11 d'rected that deliveries
to and including March 27, 1947, may be made
■either with temporary certificates or with permanent certificates; that
stock,
common
with
in
stock
who recently re¬
officers,
TWA
w5B be applied*
$1,469,775)
stock purchase warrantK_„.__
years.,'V-
many
company
(The) Thomas Steel Co.—Form
senior
other
three
replace
sinking fund at $1T
or involuntary liqui¬
entitled to vote only
tn< connection
incurred
thereto,
Common
be completed formally until the election of the new
board, it was considered significant that Messrs. Richter and Collings
were
the only officers included among the board nominees announced
on March
12. Both have occupied top airline executive positions for
signed,
The New York Stock
'<of
to
ment
be
Common
,
'
to
$250,000
HISTORY
next April 24.
and
proceeds' (estimated
or,
,7,v
3%
Among the nominees to the board are two officers of the airline,
E. Richter, Executive Vice-President, and John A. Collings, VicePresident of transportation. While final selection of a new top amnage-
Co. (Del.)—Sells Bonds Pri¬
has placed privately $2,600,000
first mortgage 3% bonds, due 1972, at 102 and interest.
Proceeds, together with $1,139,776 received from sale
of certain, properties during past three or four years
and $40,913 from current funds, will be used to retire
$3,695,750 first 5s of Texas Public Service Co. (Texas)
on March 15 next.—V. 165, pp. 983, 853.
vately—The
of
five
additional
ized
airlines' s majority
for
Voluntary
on
dividends
plus
CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING
Paul
Service
Public
•Texas
the
from
in Kansas City
meeting
1
853.
165, p.
i—
.—
past
.system.
came
Entitled
incidental
is
Hughes Tool Co., owner of more than 46% of the outstanding
stock. The plan which calls for a reduction of the present board from
24 to 14 members will be voted upon by stockholders at their annual
—.
deductions
charges -i—
Net
<
$789,014
77,316
.
.Total "Income
:
Miscellaneous
$531,442
extent
organized
proposal
cash
incurred
15,
The
Callable
dividends.
share
per
matters
of 14 business and financial leaders,
was proposed to
the stockholders of this corporation on March 12 in
another step toward- final reorganization of the management of the
2C 000-mile TWA
plus
dividends.
accounts receivable and to
A board of directors*; composed
13,416
income—
operating
railway
income
Net
138,337
:
reg¬
preferred stock is entitled
to reimburse the treasury of the company for the payment
capital and other expenditures of approximately $650,000
or
the
$125,000,000
on
,
appointed
been
has
company's former foundry building to manufacturing purposes
90c
Transcontinental & Western Air, Inc.- -To Vote
153,992
*
pay
the
—V. 160, p. 1672.
,
York
New
of
the cost of
as
...
Co.
preferred stocks."
order to obtain increased pro¬
ductive
capacity and more efficient operations.
It is tlie present
intention of management to use the balance of the net proceeds to>
Westfield industry,,
of Stock—
Trust
7 offered
stock ($15
:
contingencies.
Slate of Directors—
439,042
.14,490
Dr)_——...
(net Dr)
...
joint, facility, rentals
$1,395,464
328,043
:
$15
other
British occupation
Comparatively little is known as yet of the output because
not only control the employment but also the shipments of
—New Interests to. Acquire 40%
See Arabian American Gil Co. above.
1947
revenuer
to
of
This company is the
Trans-Arabian Pipe Line Co.—To Borrow
-
March
on
Redeemable in whole or in part on 20 days' notice at
plus
to
recently
this section of Europe.
2901,
p.
associates
convertible
share
per
certain
the
the British
3
preferred
share and dividends.
and
PURPOSE—Net
pr853.
authorities.
'
,
director of the Chemical Bank
a director to succeed the
elected
convertible
90c
per
States
share
in
Germany, which
163,
and
of
cumulative
$17.25
per
parent of the Westfield Manufacturing Co., another
that makes bicycles.
The Torrington Co. also has a branch in Aachen,
making machine needles under the control of the
Co.
common
!?Yi,n„
March 4 to holders of
*
The company has announced it
Mass.y which will employ between
machine needles, the company's principal product.
a.
.' v
"■
165, p. 984.
to cumulative
preferential
dividends
of
90
cents
per
annum,
payable quarterly
March, June, Sept. and Dec. 1.
Convertible share for stoiwe into cora-
this railroad, which has been
longest strike, was fatally shot
unknown assailant near his Peoria (111.) home.—V.
ah
&
United
of
The
Conn.—New Plant—
will open a new factory in Westfield,
300 and '400 persons in the making of
Operation—
W« January-^-.
•Operating
•Operating
10 by
Porter.—V.
Hobart
The
istrar
Torrington Co., Torrington,
I Texas Gulf-Producing Co.—Stock Options—
At
March
on
;
use.—V.
has been
York,
New
100,000 shares
par) at $16,50
McNear, Jr., President of
involved for 17 months in the nation's
P.
of
—Reynolds
Western RR.—President Slain—
Toledo, Peoria &
George
patents,
industrial
Jackson, President and
Co,
dation
replacement parts, jigs and dies, and work in progress.
The Referee deferred confirmation on the sale of this material until
JMarch 19 after he learned that bidders were willing to increase their
will,
developed!
Universe Winding Co., Cranston, R. I.—Stock Offered
165, p. 1111.
28.)—V.
Feb.
record
(Initial common dividend paid
stock.
common
equipment, three completed airplanes, and raw materials for
Approximately $260,000. This material went to numerous buyers who
ibid on a piecemeal basis.
h
Still to be confirmed is the sale of Taylorcraft'3 trade name, good¬
struction
glass have been
United Stores Corp.—New Director—
N.
&
.
Sale
Products—'
Co.—New
asbestos and
the
.
i,'j
*
t-
I,
company's textile division
for use in theatres,
nightciuos.
restaurants,
auditoriums,
airplanes,,, trains
and
similar places ot
public assembly.
;:
■iThis
development is the outgrowth of wartime research on firier-
.
Corp.—Plant Sold—
Taylorcraft Aviation
7
v':.
r-V,',
Rubber
Fireproof drapery fabrics of
by
i\v;The stockholders of Tidebel will derive no benefit from the merger,
except that the oustanding shares of preferred stock of Tidebel will
be converted into the 176,000 shares of company's common stock which
are
now
owned by Tidebel.
(The common stock of Tidebel, substan¬
tially all of which is owned by Mr. Bell, will receive nothing in the
merger, but Mr. Bell or members of his family will receive a part of
the 176,000 of shares of
common stock in conversion of shares of
preferred stock of Tidebel now owned by them.) "
/■
The merger agreement will, however,
amend company's charter so
as
to create 12,500 shares of new preferred stock and eliminate the
preemptive rights of common stockholders.
(
v.'1
Directors believe that the elimination of this, holding company
owning 44
of company's common stock will be in furtherance of
the purposes of the Public Utility Holding Company Act and
in the
best interests of the company.
'
ftv r,,
•Upon the consummation of the merger, the sale of the 10,000 shares
of new preferred
stock and the redemption of the debentures, the
effect of the statutory restriction against the payment of dividends
will be eliminated and the directors propose promptly to take action
with respect to the declaration and payment of a
dividend on the
v1
Split-Up Stock—
Plans to
other assets.
such
than
less
to
of directors from
Arthur E. Pew,-Jr.,
that
announced
also
Tidebel owns
representing
/■
He-said he likewise would recommend
the
of
controlled,
|
States
United
through common stock ownership,-by Warren Wi-Bell,
176,000 shares of common stock of company,
approximately 44'/a% of the entire 395,572 shares out¬
standing.
It has no other assets of consequence.
It has represented
that its liabilities, except for expenses incident to the merger, amount
is
President.
of the
Presi¬
Vice-President, to a newly-created post of Chairman
board of directors and of Robert G. Dunlop, now Comptroller, as
Executive
dent
A
Mi
1
of-his brother, Joseph N. Pew,-Jr., now
Ma,rch 18 the election
elected
^15<X1
FINANCIAL CHRONICLE
THE COMMERCIAL &
N timber. < 457 7 'JJi-
V olume "165
Assistant to the Chairman of
elected a director.—V. 165, p. 115.
'
1 '.
*'■'
(The)
The
Valspar
stockholders
Corp.—Management Upheld—
at the
annual meeting held on
March 11 gave the
and
ot
nomineerw
vote of confidence by reelecting all directors
rc-»
jecting the slate of four directors proposed by a minority group
Stockholders which had solicited proxies in support of their
Out of a total of 568,531 votes represented at the meeting. 304.130
.'endorsed the present management headed by Thurlow J. Campbell,
"management
President.
a
'•
*
1502
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, March 17/1947
*
..."
'
»
'
I
"
RESULTS
profit
Sales
(approximate/
for
first
the
substantial
a
QUARTERS
.^'VUv'',
.*,
Net
FOR
FEBRUARY
S:». -i
28
$185,000
Period End. Feb. 28—
Wholesale
of this year/were more than $2,600,000/
corresponding period of last year.
the
over
Western Auto Supply
1945 • ^
$67,516;-;
1^7
V;//■
—
quarter
increase
ENDED
Co.
(Mo.)—February Sales—
1947—Month—1946
sales
v 3
1947—2 Mos —1946
$3,225,000
417,000
$7,662,000
3,415,000
-
'
Outlook—
Combined
■/
'
tain
at
tithe
least
possibility
share
the
on
"It
is
of
still
that
basis
of
stock
borne
cents
for
in
be
A
declared
was
mind,
and
the
common
dividend
of
in'October,
however,"
debt
corporation
a
must
50
slightly higher rate.
a
common
be
must
there
matter
annual
an
said
stock,
25
Campbell,. "that
small, • it is still a
:V "The
additional
is
able
and
The
the
on
March 25.
{
Sought-—
1292.
X
director
a
of
the
New
York
plan
B
shares
in
issued
were
substitution
shares.—V.
for
165,'
under
the
the
$2
cumulative
par value
Total
-"
Net
preferred
Walker &
the
on
class
during
1946.
The
"A"
stock
March
March
on
:
class
A
and
class
L.
stock,
declared
payable
to
20
of
cents
15
also
164,
of
declared,
62 y2
payable
Pease has
been
165,
380.
p.
•/■/;
\
The directors
March
on
the common stock
and
of
cents.—V.
.
*
March
165, p. 1238.
•
.
18.
each,
stock
and
were
Dec.
Operating
/
,
'y
.
'X
.
"
1(/
expenses
1947—Month—1946
revenues
Operating
Federal
inc.
•'*
*.
Prop,
$1,248,002
1—
taxes,
other
retir.
'
•
etc.
"
res.
taxes
121,940
-
approp.;
'•
1,379,999
/ 2,098,317
tCr942,755
1,245,008
1,010,000
84,166
Int.
on
mtge.
-1 $420,795
t$3,691,711
11,752
65,544
88,909
Other -int.
/Int.
'
•'
55,650
and
17,424
deducts.
$3,757,255
667,800
There
first
$4,267,176
209,092
220,286
Dividends
11,690
$264,503
applicable
to
preferred
■
,
,
249,939
$347,783
.
$2,632,636
$3,253,123
*471,262
622,518
stock
$2,161,374
able
-
Feb.
on
27
share also
a
'
Under
a
plan
of
of the
as
March
dividend
mon
stock
or
two shares of
The
plan
receive
five
provided
shares
that
of
-
was
of
15
shares of
cents
dividend
new
of
preferred share held. Each share of old
for two new common shares.
.
;r«
($25 par)
second
stock
common
common stock
a
concern,
authorized
capitalization
Ont.,
:
Canada,
/
>
stock,
stock
warrants
stock
to
was
■
.
is
the
addition
kilowatts.
financial
a
increase
will
Scheduled
has
been
to
of
its
net
go
delayed
into
until
position
of
interest
the
and
company
preferred
stock
holders
of
such
shares,
1953,
$4,200,000.
bonds
thereby
reducing
260,000
shares
the
serial
and
$1,750,000
par
amount
of
capital
announced
on
March
report
10
that,
outlining
the
.
since
operating
Purchased
ttie^transport&tion subsidiary.
Provision
Provision
and
for
for
Commercial
a
investment
Share—
issuance
changes
Other
of
the
Taxes
casualties
th^ current year which resulted in securities
profits of $440,000, additional securities
profits of about
Federal
realized
about
in
$800,000,
periods
or
38
$360,000 have
of
market
cents
per
strength to raise total
share.—V. 165, p. 1238. r
profits
State
to
rV
shares
be
($5
Antonio
as
and
expansion
for
par)
offered
underwriter.
at
5%
Gross
Proceeds
purposes.—V.
Total
par)
a
unit
will
1C5,
be
p
through
Pitman
used
retiring bank loans
581.
for
&
Co.,
-
20.—V.
San
"
163, p. 2774. *
;.%V.L
5" *'
.
3'
■
.?
._
■
'
4,v
.
..
/
*
..yyy
•/!
«*':
»v:v;;^.';y-^;;y
:
is
.
/l947^Month~1946
•
1947-—2 Mos.~1946
637,053,788' $34,375,588 $74,101,961 $66^978,847
/
•
.
'
t * ,
y",
*
.^
:
H 1
t
' v/v '«v
*
..
v
'
,
.
,
Wy^U.yFoodr Stores,..fDan^/;.Texas-~Preferred Stock
Co.; IncM Dallas,: oa
Transfer Agent:
s
'*
"
COMPANY--Company
was
'
'
'
•
incorporated- in Texas April 11, f 931 andt
the retail grocery business in the Dallas
21,
with
an
1946,
and
on
Feb. 4. 1947.
These three modern cafeterias
seating capacity of 230 are located in leased buildings
specifically for such purpose, and
are
entirely
separated
from
the
company's
stores, i Approximately
$150,000* of
the net proceeds of the sale of preferred stock
now
offered will bo
average
designed
used
and
to
built
discharge ^the cos^
the--other ^equipment
On
Oct.
building
of the fixtures, the air conditioning;-an<$
cafeterias.
for', these' new
1946, the company opened a new
28.
constructed
-•
*
.,
super market
in
new
a
by
the company on land
owned
by it.
The
proceeds of the $100,000 4% note were used to meet the cost of this
building. ; On Dec.,-.3, 1946, on Dec. 17, 1946, and Jan: 30. 1947, the*company opened three
additional super markets in leased buildings
specifically designed and built for such super markets. Approximately
$140,000 of the net proceeds of the preferred stock now offered will be
used towards the cost; of the fixtures, the air. conditioning, and the
other equipment, for these,four new super markets.,^
/ Approximately $45,000 out ; pf the net proceeds will be used to meet
the: cost-of enlarging and remodeling two of,the company's existins
super markets, v.
*
••.. * >*
«...
- ■
«,
*•
:
: The-balance of the net
proceeds from the sale of the preferred stock:
will be used to increase working capital which may be applied to
any
corporate.purposes. , r
<
*
.
.,
-
,
CAPITALIZATlbN
.
GIVING
EFFECT TO PRESENT FINANCING
.t.^•(/> vTi-*r.s '
'■
3Mi% note
>4%
Outstandfhs
5,000 shs.
25,000 shs.
$250,000
100,000
$10)
(par
!
*/
Authorized
.5,000 shs»
25,000 shs.
$250,000
-
Prefehred .stock /.(par. - $100).-———-
note
.
,
.
100,000
*
•:-y-i 1945 i
204,116
3,374,938
"5/* 28,991
.
,228,154
.
STATEMENT OF CONSOLIDATED INCOME (INCL; SUBSIDIARY^ >
-
8 MOS. End.-—■——Year End. Dec. 31—
;
'v
.
•
Cost of
/
Aug. 31, '46
,
Net sales
12,720,555
4,570,914
$6,306,016
-
,
1945
-
:
5,162,894
1944
-
$7,852,755
^
1943
:v;"
.'
$6,251,692 : $4,970,048
5,203,249 v 4,pQ7^14
6,503,221
$1,143,122
$1,349,534
goods sold—
4,278,569
3,829,300
i
606,700
War; plant
depreciation
4,994,582
;
——
cafe
$10,753,621
;/ 452,404
.$1,048,443
$902,234i
;
'•i •■• ;
gross
//:
2,703,000
5:671,500
Gross profit
;
100,166
;
•'
146,051
.;
»:
•.'
65,565
'
Total. gross.
4,513,300
______
Expenses
$1,143,122
$1,194,495
;/1.213,320
l-' 1,018;151
$254,697
,
$1,449,700
/:/ 888,424
profits"—
—i_——
$236,-379
6,324
$176,343
$967,800
': '
796,994
4,776,332
$8,278,170
339,526
—
Other income
*.
V... *
20,645
[ >r'
\
\
.
,
$170,805
2,068
5,024
.
t''
•• •
income
$275,343
,
$242,703
$178,413
.
$175,829
"
—
deductions .>/
.$11,206,026
:
Approp. for conting.. losses on investm't in capital stock of
transportation subsidiary™.
-
$8,617,696
4,361,027
3,813,928
Other deductions
Prov.
for
taxes
>
500,000
,
on
est:
-
11,272
—-
r
.i
/
28,919
'9,931
/.
118,616
•
:
'
2,852
Federal
income
/•;
100,000
151,253
,,
J
11-7,621
500,000
'
Consolidated net
Net
income
ij
.
the
13,236,255
taxes—
income
' *
t
j
^Wobtwortb/rCoi'Tr"^Febtor^'Sales :Inca^§ed
. *»i 7 • *
* *?..*/
*
:■ •''
•" • '
'
*:a.i
! './Total ;
a letter of notification with the SEC
preferred and 35,000 shares' (50tJ
$10.50
*,»**»*•
1,619,965
taxes—ZZ_——.
—
-
,
6%
Dec.
4%
2,082,162
surtax
profits tax
IV,
,r
J "PURPOSE—pn Nov.-17,- 1946, the company opened, the first of its
three new independent cafeterias, and the other two were opened oi*
by •
3,114,978
Net' operating revenues
non-operating revenues-—
T1le comPany on March 3 filed
to
excess
income
and
.
terias,
drug
departments,
a
bakery
and
until
recently
a
small
slaughtering . establishment. : It has one subsidiary, Texas Wholesalo
Grocery Corp., engaged in the wholesale grocery business.
■ -*'/
its
>
2,011,589
•Total
"
7,000
v*♦
-
Operating profit
-
common,
normal
6,772,738
has since been engaged in
metropolitant area.
Beginning its operations With a group of small
stores,- the company has -grown and expanded until it; now operates,
a
chain of what is known as super markets carrying groceries,
meats,
fruits and vegetables and in connection with which it operates cafe¬
YEARS
;■:// 251,166
expenses-.^—:.
—
3,526,286
223,215,950 224,664,068
Mercantile National Bank. Dallas,
the. underwriter subscribed for 2.500 shares.
remaining 2,500 shares have been subscribed for by Earle Wyatfc
and.Rv S. Bell, who have each subscribed foe 1,250 shares,at $108
1947
$47,066,627 $45,479,751
———
income
8,077,233
Of. the shares offered
■
Western Aero Supply
Corp., San Antonio, Tex.—Files
SEC—
*
for
v"
>
Common ^stock
14,511
insurance
6,416,289
——
164, p. 3338.
March
"
Transport
213,070
and
—
./ 989,309
The
was-: accom¬
3,469,940
general
260,000
-
-
Period EndL Feb. 28—
•
,
/ f
;
expenses—
than
provision for
with
x
and
1,730,359
1,768,870
—
Offered^ftausch^r,
1946
CALENDAR
——-Z.
——
expenses
operating
other
Federal
been
v
Y
1948
reducing
accounts—_—.
——
repairs.
doubtful
845,503
.——-989,309
■
.
FOR
—i——: 1——
revenues*
power
Maintenance
Administrative
the
thus
467,785
—:
—V.1654 p. "984.
notes. outstanding
'/'*/• •//'•'.1946
Total
in
during
*
;
new
stock,
1,489,667
863,648
Thp corporation-has
'/:;////-/
CONSOLIDATED INCOME STATEMENT
..
investment
of
promissory
■.://;/;////;/'
company's investment in;
.
was
in
.
?•'
1,823,758
property-
—
-
7A%-^~ "
'
by
charges/ result¬
This
annum.
.&•••'•
stock
———
—
,
:
year,
mortgage
exchangeable
_
It
per *
capacity
of
In 1946 the company sold to Milwaukee Electric
Railway &
Co. for retirement $950,000 of that Subsidiary's first
Three-quarters
exchange for each
+of the 4,216 shares of $10 par stock outstanding of
Calplasti-Corp.
* u ^arra"tsJor l)urchase of common stock, which were issued to old
holders of $2 second preferred stock are
exercisable at $10 per share
and expire on Dec. 31, 1948.—V.
163, p. 1204.
*
/
-January
dividend
87,713
12.391
taxes
—855,641
of
and= insurance
preferred
on
:
for
this
improved
429,171
/
Marcdi 12 offered 5,000 shares of 5^% cumulative pre-*,
ferred stock at-par ($100) and div. <
•.
generating
,
119,371
.
account
liabilities
•;
>r879,814
"
London, Eng¬
summer
.
gain-,
income
;
-
estimate
operation
the
was
saving of about $550,000 per
to
the Calplasti-Corp. be merged with and
the surviving corporation, which will
have an
consisting of 80,000 shares of $25 par pre-
Wellington Fund, Inc.—Earns 38 Cents
total
our
*
119,371/455,499-
_Z1————
accrued
per share.
cost
-——:■
1,011,178
609,500
>
have appropriated
^
$12,600,000
program
•
second
fered stock and 60,000 shares of $5 par common stock.
;of a share of the new common stock were
-
in
or
904.701
i
invited, tenders* foir the sale of it of first morN*
income bonds due May 1, 1963, for which purpose the directors
$500,000 from the general funds.
Tenders should be made at* a flat price which includes all fixed and
accumulated unpaid interest, and must be in the hands of the corpora¬
tion at 14. Wall Street, New York, N. Y., not later than 10 a.m. (EST)
';
gage
/
the•.plants^of-'manufacturers.:;-/:?/;,//;/;?//^/;/;.:./;;;/;'';^1/;/'/::^.;":
in
would
purchase
..
issued
>/i
on
.75. cents
200,000
Witherbee Sherman Corp.—Offers to Buy Bonds-*-
Co.—Annual/Report--
-
;
*».
3.60%
preferred
stock
($100 par).
The bank loans mature in instalments of
$700,000 /•
in each of the years 1947 to
1951, inclusive, which instalments bear a
l'/a% interest rate; of $700,000 in 1952 and of $800,000 in 1953, which
last two installments bear a 1%%
interest rate.
In December 1946.
the company from its funds
for
the retirement of long term
debt
prepaid the installment of $300,000 on its l5/a% promissory notes due
The plan also provided that
the Weber
.into
Windsor,
or
additional
surplus
Total
—V,
•
the
/'::•/
conunon
exchange for each
common
and
surplus ■
surplus
Earned
for redemption on May
1, 1947, $21,200 of
40-year mortgage bonds dated Nov. 1, 1926
Payment will be made at The Canadian Bank of
1255.
p.
current
cos.—on
by customers for constr.
^
plished by the refunding in June of $55,000,000 of 3Vi% first mortgage
bonds due in 1968 by issuing, through
public sale, $50,000,000. of new /
2s/a%
first
mortgage
bonds
due
in
1976
and
by/bank
loans
of v
$5,000,000; and by the refinancing in July of 262,098 shares of 4%%
preferred stock ($100 par) by issuing, principally in exchange with
preferred stock,
preferred
and
in
of
:
900,000
year
accrued—j_j
years—
current
Paid-in
5%
completion
in
ing in
5%
new
""'/•,// \V.r
,
exchangeable only for
holders
new
.^five additional shares of
$1
new
Manager of
called
Toronto
current
651,500
The
first
After that date, first preferred
;
in
reduction
outstanding, payquarterly dividend of
-
the
strikes
stock
A
dates./
been
interest.
80,000-kilowatt
which recently was declared eLpreferred stock were given the option to
Dec. 31,; 1946 to
exchange each such share for six shares of new com*
old
interimdividend
one
23,906.000
fc/-—/■
possible
prior
Premium
subject to availability of equipment, materials and manpower,
and
$4,200,000 would be required in 1948 to complete some of the
larger projects.
Main
item in
this
program
is completion of the
third unit, at the/Port Washington power plant.
This much needed
.
the 18,588
on
same
15.
for
for
Capital
the Sunnyvale, Calif., plant of the Joshua
an
within
7,342,500
55,000,000
other taxes
v___—ii.:
and
Reserve-for casualties
work
recapitalization,
fective, olders of the
"
,;
initial
an
par common
declared
was
preferred stock payable
-
declared
the 435,052 shares of $5
April 1 to holders of record
General
7,342,500
Reservea'for deprec. and retirem't of property
V/Zv
and. plant •'•/»—i--——60,134,033 ,56,446,376
Pacific Coast operations.
Wisconsin Electric Power
In
Showcase & Fixture Co.—Initial Dividends—
directors
3114. cents
/'/■/;/'"'///■"
named
.
23;700.000
income ..and
affiliated
Contribs.
Other West Coast
refunding
and
expected
>
on
has been
payable
notes
surety deposits———.
payable, to - employees
under
to
Other
improvement of its service facilities and has under way engineer¬
ing studies designed to formulate a 10 to 15-year program of power
$2,630,605
(The) Weatherhead Co^Co-Paying Agent—
The
•
capital fund, interest
bonds, sinking fund
1364.
J
.
26,609,280
53,500,000
i
consolidated-
sharing plans
Reserve
and
Halsey, Stuart & Co. Inc., New York and Chicago, has been
desig¬
nated by the above company to act as an agent to pay interest
coupons
due April 1,
1947, and subsequently, on the- $3,000,000 serial debentures.—V. 164, p. 2737.
•
share
i.e.
income
plant additions.
<■.
^ Weber
charges,
4%%
165, p.
To
to
y,
mortgage
subsidiaries
declared
Amount
/
meet the increasing demands for
electricity and to provide needed
replacements, the company has undertaken a construction program
involving estimated expenditure of $16,800,000 for immediate expansion
..
.
,
.
and
100
•
*/'' ''Inclusive of dividend to date of redemption on preferred stock retired during the period.
(Extraordinary non-recurring tax benefit in
1 1945
: from participation with parent in consolidated Federal income
tax
returns.
(Including the results
of
extraordinary non¬
recurring tax benefit.—V. 165, p.* 984.
/
contingent
consol.-'-
company2——
Customers'
$678,119
■ 23,276
$607,797
/
4,500,000
'v Z.-"/'
26,609,280
stocks of subsidiaries
of
debtv'of
Promissory
47,046
$65,819
y
•'
par)_1—/ 4,500,000
($100 par)'r;trMt?;/,r*'
Accounts'\payable' ;^2_2/.'-i.__—^^__^-—_i'2.'.v, 2,408,563',;140,790 •
.Payroliz.^accru^^i^^i2^i^i;':-';:-:;616,310:415,488'-.
1364.
land.—V. -164,
69,473
■
,
,
Balance
•
for
purposes.—V.
Neal, Vice-President,
have
Commerce
724,294
Cr2,212
.
debt
Funded
;i
17,424
18,928
:
Net income
r-
$432,547
55,650
chgd. to construe.™
J :*'••.(\'' V
''•'/
■
;
$356,505
bonds
utility plant
adjusts. •
,
;
223,215,950 224,664,068
26.209,806
preferred
Funded
or dor.
$4,178,267
9,898
of
acquis.
'
.
45,041
*
($10 par)
.'$67',098-V:'$638,569'.'
•Interest.'.'Accrued
/;•'-• '51;310 •*•;.; ; 39^550 ;
$118,408
.7,548
(222,676
,'< 26,000,000
stock
Estimated, State
Z
4,640,074
493,691
'V.'>
■
series
Serial
/;;97,120
/ $123,4932 / $810,034
•
* 56,395 ''; "171,^46S v-
Windsor Gas Co./ Ltd^Partial:
Redemption-^-
$346,607
income
Amortiz.
;■/
-
5,174r762
series
Common
•9;720 T- /* 350,000
■/•; NOTE—For mtchmnical rtaaons it i» not olwoyo
pofiblo to arrongo compamo• in oxmct miphmboticml
'However, they ore mlwmye mo near miphmboticml
position mo posoiblo.
>;,?--/•/ ;y v-... ■ :/>///:
4,087,931
110,516 " 1,290,944
84,166
1,010,000
165,472
4,807,293
126,513;
2,756
^
stock
capital
on
y
preferred stock
4%%
-y
payable- May l to stockholders of record April 1?.//
In 1946, the following distributions were made:
May 1, 37'/2 cents;
and Dec/ 5, a year-end- of 75 cents.-r-V. 165/
p/- 38t.vv y; •'•''■ •
• •;
at
.
Dty--.z
;
directors c have - declared *
$12,679,947 $11,676,768
361,719
113,285
■/*«/',
60,000
:..
r
$6,344,998
;
50,500-
1—„J-
share,
'
/
company
.
1».—
taxes-————
stock;?-($100
3.60 %
$1,368,871
\
Westinghouse plants are located
Angeles and Emeryville, Calif., Portland, Ore., and Seattle/Wash, z
1947—12 Mos.—1946
$1,090,481
«
529,817
Net oper. revenue
Other income (net)
Gross
—^..---.1:-
and
selling exps.
'
preferred
Serial
145,074// in,717o:
(net
and
Sales
deduction
&
$369,651
J.*\:i:
'
general
on
Iron Works.
The
.v.-
"
t
%
37,939
companies not
insurance
Total
6%
Wilson-Jones Co.—To Pay 75-Cent Dividend—
April 1,
a' year-end of 80
28,
sub.
...—...——
LIABILITIES—
$4,133,294
Francisco, Calif.
at Los
Washington Water Pawer Co.—Earnmgst—=
Period End. Jan. 31—
Property
c
-
available
—V. 165,-p.
follows:
as
»,?■•:'/
j
Special
:
in charge of apparatus sales with offices in Pittsburgh/;/
already has left to establish headquarters at company offices
Neal
Hendy
•
-
.
2,152,970
54,254
.
S? 937,222
555,036
Organization. expenses. —•/ 136,807
;/. 163,007
Other deferred charges————59,259j;,,. ...38,725.
1946
•
$3,127,285
>
v,
•
lease arrangements to operate
Dividends—
common
#
;
'/./v
"/;/>-' ;/•/■/
of
bonds
on
694,536
2,433,892
-
'i
—
j
|
//
412,934
^
affiliated
Prepaid
Appointment of a chief executive officer for the Pacific
Coast, re¬
porting directly to the President, is dictated by expansion of the com¬
pany's operations there and involves no change in the nersonnel or
duties of those now in the
company's employ in that section, Gwilym
A. Price, President, explained.
Westinghouse at present is completing
a
dividend of 15 cents per share
quarterly dividend of $1.37 M»-cents
preferred stock, both payable April
usual
Payments last year on the
July l and Oct. 1, 15 cents
: •v
" :
Formerly
Mr.
declared
6
the
cumulative
record
■
7,947,927
coAsodidated——,
69,726
companies
supplies (at cost or less)—5,810,803
Unamortized .debt disc't & exp. less premium—
2,212,867
:.//'- ,*// /•
1947
I
the company's expanding
share on the class
to holders of record
-
Baking Co.—Declares
to holders
•
operating income
other corporate
Robert A.
per
l
rbceiv.
int.
Other
Westinghouse Electric Corp.—Neal to Manage Pacific
Coast Operations-
of record May 1.
last, and in each quarter
April
3,942,010
—_
receivable
consolidated
•
Subsidiary
STATEMENT
/
—™':
:
"■Amount
holders
cents
—
.—
series
tax
i
Materials and
Due
1768.
p.
(per share on the 5 Va %
1
not
30 and $1.50
/. *"91,364;
railway
.
Treasurer.—V.
on
/
railway operations—
"•Income
share
per
$
15,032,483
2,484,219
5,373,714
b„918,lQT
Amounts receiv. on-current accounts:
expenses.——:.2,757,634 / 2,764,423
>
$23,533,143 $21,206,302
dividend
a
May
quarterly dividend
was
Ward
Accrued
per
record
/
,
1947—2 Mos.—1946
appointed Treasurer, He has been associated
with the Disney organization for nine
years, most recently as Assistant
■
INCOME
.
Total income Z
Miscellaneous deductions: from income.//—.
Total fixed charges
:
Walt Disney Productions—New Treasurer—
/
"
revenues
Other income:
in San
"/••• Paul
of
accounts
Dividends
„
with 10 cents paid on Feb. 20,
20—V.
cents
Other
l945v—V/ l«4, p. 3460..
—
4
•»
usual
from
SYSTEM
-
other.
requirements
"B"
This compares
75
holders
Sept.
on
debt.......
banks
in
and
Treasury notes,
Deposits for payment of matured interest, divfc-
Co.—Increases Class B Dividend¬
The directors
s'
on
revenue
•'Net
stock.
and
"
of
to
Proposed—^
consolidation
984.
p.
dividend
a
hand
on
S.
dends, and other deposits
—..
Accounts receivable—trade
(net)
;Co. qbQvq.—V,' i3T, p/ 332®,'^ ';; *
Railway operating inoeme.
;
Equipment & joint facility rents
March
on
Walgreen Co.—February Sales Increased 9.8%—
165,
declared
Co.—Consolidation
Railway tax accruals—
/ /Payroll
.; Income - taxes f
suceeed
common
recent
outstanding
,
Period End. Feb. 28— V / 1947—Month—1946 ZSales
$11,677,392 $10,632,587
—V.
^
Gas
January—
operating railway
railway operating
Total
Listing—
Exchange
company's
previously
115.
p.
to
Curb
listing of 59,520 shares of
stock, $30 par value, and 378,560 shares of $1
These
11
stock, payable March 31
the company paid 50 cents
total of $2, the same as paid in
CONSOLIDATED
/Month
.
All
Waitt & Bond, Inc—Stock Approved for
Governors
1,725
were
V
—
the
dates
U.
(Including Sacramento Northern Ry. and Tidewater Southern Ry. Co.)
'
/
,
M. B. Goldblatt,
comptroller,- has been elected
the iate Goldsborough Serpell.—V. 165, p. 1363.
of
these
on
Cash
respectively,
Commissions
-*
Board
March
on
See- Gull States, Oil'
.
\ Virginian Ry.—New Director—
authorized
account
1946,
g/ Western Pacific RR.
Y and alia RR. Co.—Tenders of Bonds
The
and
1947
,r ••'.'•
11,781,430
1,900,000
——————
.
W. Schotter, Treasurer of P.C.C, & St. L. RR. Co>, P. D. Fox,
.Treasurer of Pennsylvania RR. Co., 380 Seventh Ave., New
York, N. Y.,;
will until 3 p.m. on March 31, 1947, receive- bids for the sale to the
company
as
of
April
1,
1947,
of Vandalia RR. Co. ■> consolidated
mortgage bonds to an amount sufficient to exhaust $139,820, at prices
5
wholesale
28.
1946 >./V /. 1945
^
,
Funds Ice. retirement of long-term
$6,640,000 $14,383,000 $13,899,000 V;
Feb.
common
Western
'■), H.
/
and
at
Last year,
Dec. Jl/or;
equipment,
p.
235,
directors
share
of
.pot to cxecod par and interest.—V. 163,
$6,790,000
operation
Western Electric Co., Inc.—To
Pay 75-Cent Dividend—
(
'
to-
the earnings for the first quarter, the
business, the large backlog of orders in the com¬
pany's plants, plus the increase in price of $1.10 per gallon on pig¬
mented or heavy goods, plus an additional 10% on
top of this rise,,
make us optimitic for the coming year."—V. 165, p. 1111.
increased volume
243
in
;:wid;;T,531.'—V^-:jL65,..; P./1364../-//
Mr.
although
before the company
attain its maximum in payments to our stockholders./:,
sales-—-™
units
*
w-.f-Z'Z■"■' •",",-$
investments"
Total
per
1946.
paid
completely
were
with
cents
Retail
'
,
ASSETS*-^
'Properiy;V^id^Iant^-^-^~.:-^i^^^t.^Vl84,691»p27,;l81,26ft,l5S»
■
Dividend
»fiV/ ^t
CONSOLIDATED BALANCE SHEET, DEC.' 31
,
/
;
;
$6,575,000
6,721,0007,324,000
;;
/ /•
Regarding dividend prospects, Mr/Campbell said that the earnings
this year justify the belief that the corporation will be able to main¬
"
.
.
•-
■>
$3,373,000
Retail sales
'■?
$4,303,768
—V. 164, p. 2593.
profit
$164,070
$62,530 -
$49,865
$55,355
-
Volume
165
1503
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4577
•
State and
City Depar tment
BOND PROPOSALS AND NEGOTIATIONS
Alabama
-
Alabama (P.O.
Montgomery), Ala.
y Bond Offering-—The State Board
o£l
Education
will
offer
for
sale
-at. public *;auction
ill: ama.,
revenue
on
April l,s at
following u building
bonds of 1947, totaling
the
■3^,000///;//^
Such
bonds
the faith
only
.
to
*•
credit
upon
levied and
be
taxes for the payment
of the prin¬
cipal and interest of such bonds,
and
pay
the same- when such
bounds
have
'
issued.
been
The
$109,000 series A,, State Teachers bounty,\ municipality, or v school
district shall: pay into - the state
/L
College? at. Florence bonds.
treasury, in/addition to all other
/ /! Due $10,000 April 1 1948 to
taxes, authorized by:, law, 1 such
/; 1957. Principal and interest amounts as
may: be; directed by
/ /' payable at the Treasurer's ofthe state board of
.
:
fice of the State Teachers Col-
i
!■
lege
in
Florence, or at the
Chase.. National Bank,New
/York.
i
'
•
150,000 series B,/State Teachers
*,
*; College at Jacksonville bonds.
<
equalization, or
failure, % by the state
auditor, to be levied for the pay¬
ment of the principal and inter¬
est of such bonds, issued for such
their*'
on
Due $90,000 from May 1, 1948
;. •
;
</•
to 1977.
the state
of
that, it will
collected
thef i extent
to
cause
be issued
shall
and
Due $10,000 April
„
Dated
bonds.
.
Due
May
1,;
;
geles,? approving
validity of
the
the bonds will be furnished by
the
//
at
.C'v
the Agricultural
.
1,
the; Treasurer's
cal Institute in
the
Chase
office; of
& Mechahir
Normal,
National
'
or
at
approved- by a wide margin a
proposal calling for the issuance
of $300,000 hospital bonds.
Bank,
'
Paragould, Ark.
New York.
purchaser
submitted
to
These bonds
without
Treasurer,
sale
in
the
on
on
March 25.
being offered for
March 27, subject to the
are
that
Areata, Calif.
Commissioners
Bond
bonds
Nogales. Interest
15.
pay¬
The bonds will
Sale—The
offered
Humboldt
ma¬
for
$50,000
sale
County,
on
sewer
March
Bond
Califr
Offering—-It is reported
,
the bonds
order of the
of
Bond
Offering
It
is, reported
that sealed bids will be received
—
payable, io
Treasurer, is; required. Legal until March/ 17, by R. J. Veon,
opinion of Gust, Rosenfeld, Divel- Cpunty Clerk/for^ the purchase :.of
bess,- Jliobinette and Linton, of $100,000 schooL bonds.
Phoenix; will be furnished by the
<Lake County, Burns*Valley
city, and all bids must be* uncon¬
Schi Dist. (Pi Q. Lakepori),
State
-
:
ditional. '
j
'.
Authority for Issuer-Authority
for issuance of the bonds by the
-
■
.
■
?
Calif..
be received until 10
a.m. on
March
is 25, by Thos; L. Garner,: County
contained in Section 10-409, Ari- Clerk, for. the purchase of $40,000
zena Code of 1939; which reads as
4%; school bonds. Denomination
follows:
/// v
;
■
-//
or
—
bpards of supervisors of the
determine who is the best bidder
and
;
-
offered for
be
May 6.
School District (Pi O;
Santa Cruz), Calif.
mentary
,
Bond
bonds
to
reject
bids,
all
or
any
'i The approving opinion of Giles
Santa Cruz County, Live Oak Ele¬
Sale—The
offered
for
$75,000 'school
sale
March
on
7—v. 165, p.
J.
Jacksonville,
of
Patterson,
-
to
,
effect
the
that/such bonds are-,
valid and legally binding obli¬
gations of the State Board of Ad?
ministration, acting. for > and on
behalf of said
County and, if
re-
•
quested, a copy of the transcript:
of the proceedings involved will;
be delivered to the purchasers of
said bonds,
will
Tallahassee,
Bank,
agreed
mutually
Board,,
on
\
a
certified check
of the bonds bid for, pay¬
for 2%
able
the
and
before April 15, at
or
Enclose
a.m.
between
upon
bidder
successful
the
at
or
other bank in Florida to be
some
10
without charge. Bonds .
at the
Lewis/
delivered
be
State
State
the
to
of
Board
Ad¬
Certified checks
ministration.
re¬
quire Documentary Stamp Tax at
the rate of 10 cents per $100. Sep¬
sale
The
on
syndicate composed of Blyth
&. Co., of Sari Francisco, the Wm.
R. Staats Co., of Los Angeles, and
Stone & Youngberg, of San Fran¬
cisco/at a, price of. 100.128, a net
interest cost of about 1.975%, on
the bonds divided as follows: $90,000 as 134 s, due April 1, 1948 to
1956; the remaining, $360,000 as
2s,'due from April 1, 1957 to 1972.
Interest payable A-O. Second best
bid' was an offer of 100.067 for
a
•
No
bid is: to' be
for
sale
on
March
to R.. H.
Moulton.&; Co., of Los
Angeles,- at
interest
net
bidder
price therefor, the Board reserv¬
ing the exclusive and unqualified
cost
of
100.10, a
about 2.18%,
follows:
bidder
best
from
000
Nevada Irrigation Dist. (P.
O.
l'jGrass Valley), Calif.
/Bond Election—The issuance of
'
consideration
at
an
Bond
Election
—
election
28.
An
issue
of
Orange County, San Clemente
Sch. Dist.
line
(P. O. Santa Ana),
Governor.
The
measure
*
1
proceedings involved will
the purchasers of/
bonds, without charge. En- ;
close a certified check for 2% of •
the bonds bid for, payable to the /
State
Board
of Administration. said
require
checks
Certified
,
attached.■
\ ■
,
f,.'.
•
/ * t
Miami
Bond
-■
Election—It
bonds totaling
on
the
issuance
i/
'
'
.
Beach, Fla.
in
p.m.
•
Tax
C. W. Tomlinson,
3
Docu-
at the rate
of 10 cents per $100, or fraction /
thereof^, Separate
bankable re- mittances to cover such tax (not •
certified) should accompany each
such cheek if tax stamps are not
Stamp
mentary
County (P;,0.
until
■
be delivered to
ministration,? that the Board will
receive sealed bids at his office
Tallahassee,
Jackson-
the
of
must be
'!
Vero Beach), Fla.x
Bond Offering—It is reported
by Ralph A. Potts, Executive Di¬
rector of the State Board of Ad¬
of
Patterson,
requested, a copy of the transcript..
an
'}
I
of
opinion
approving
J.
ligations of/the State Board of
Administration, acting for and on
behalf of the said County and; if
FLORIDA
Indian River
gallon on sales of gaso-
;
ville, to the effect that such bonds
are valid and legally binding ob-/
K.'.. Los
J
County's;
tax of two:
a
other like products of pe¬
or
/The
the State Supreme
Court and a friendly suit to ac¬
complish this is expected to be
filed shortly.
\
,
-
or/
of ' said
thereon /
of the said County, and an/
troleum.
by
,
•
interest
the
is
any
by a pledge of
credit and taxing
faith,
cents per
is¬
sue of $50,000,000 veterans' bonus
bonds has been signed... by the
approved
payment
the
distributive share of
are
authorizing
who
reject
additional pledge of the
:\ Connecticut (State of) p v v
.Bonus Bond Legislation Signed
—Legislation
to
secured
be
power
^CONNECTICUT
j.
1
election to be held in early-May,
^
voters
and
full
the
provement bonds/
$1,000,000 datti -completion bonds:
will be - submitted, to the voters
for
the
will
and
The
bids.-
all
Giles.
as
determine
right' to
price of
a
reported to
have given approval to the issu¬
ance
of $400,000 municipal im¬
Calif;
Angeles), Calif.
Bonds Voted—It is reported that
^BOrid Offerihg^K? fcHardirig,
the issuance of $80,000 improve¬
commissioners shall
provide for Secretary of the Board of Direc¬
the -redeeming < or refunding of tors, will receive sealed bids un¬ ment bonds was approved by the
til 2:30 p.m. on March 26, for the voters at a recent election.;
such
indebtedness
in the
same
manner as-- other
state indebted- purchase of the following bonds
San Diego County, South Bay
*
ness, and issue bonds of the state amounting ito $3,400,000, to bear
Union School District (P. O.
not exceeding 6% interest://-Y■-./
for any indebtedness allowed by
San Diego), Calif.
law. to be incurred by such coun¬ $2,700,000 sanitation district No. y Bond Sale—The $90,000 school
15 bonds. Dated May 1, 1947; bonds offered for sale on March
ty* municipality of school district. ;
the
the
$150,000 school
10—v. 165, p, 1239--were awarded
tion
foe submitted to the-voters at the
:
for
.
municipal and school certified check for /10% of the
shall report to the amount 'oL the. bid is
required. - i ?
State Loan i Commissioners the
bonded and outstanding indebted¬ Los Angeles County, County Sanitation Districts
(P. O. 5 ness
of the/county*. municipality
school: district, and, upon
demand < of, saidi authorities,
offered
at 3% when sold to the
who will pay the highest
at par, or
bonds
less
than par arid accrued interest/
authorities,
Bond Sale^-The
bonds
obtainable when sold:
lowest rate
$70,000 maturing $7,April 1, 1948 to 1957,
as 2s,
and $80,000 maturing $8,000 from April 1, 1958,to 1967, as
234s. Interest payable A-O. The
next highest bidder was Weeden
& Co., for $70,000 as 2s, and $80,$351;000 as 2s, and $99,0.00 as 2 343/ 000;. as 234s, at a price of 100.03.;
submitted; by the Monterey Coun¬
Woodland, Calif.
ty Trust & Savings Bank, of
Bonds Voted—At a recent elec¬
fiC :rii?Netdp6rt:Eeach^
Office.
mentary
March
10—v-165, p. 1365—were awarded
to
Principal arid'interest; (A^O) pay¬
at the County Treasurer's
coun¬
School District (P^ O.
Modesto), Calif.
$450,000 school
$420,000 water system bonds will
to
Springs
Palm
Bond Sale—The
'
»
election
Feb. 25:
A
or
the
at
of
pay
.
'
•
on
issue
An
the
School District bonds.
scheduled for March
-
,
voters
held
—
sewer,
to
Ralph A. Potts, Executive Directiple of 34 of 1%. Principal and
I tor of the State Board of Admin¬
interest payable at the City treas¬
urer's
office.
The, opinion
of istration, that the Board will re: 750,000
iceive sealed bids at his office in
Desert School District
O'Melveny & Myers, of Los An¬
bonds.
Tallahassee, until 3 p.m. on March
geles, approving the/ validity of
Bond Election — An issue of the bonds will be furnished the 18, for the purchase of $24,000
$485,000 Arcadia School District purchaser afaor prior to the date SBA refunding, Series 1947 cou- ;
bonds will, be submitted to the of delivery of the bonds, at the pon bonds. Denomination $1,000.
voters at the election to be. held expense of the City. A certified Dated Feb., 1, 1947. Due on Feb.
1967.
Principal and interest
on May 16.
check for 3% -of the amount, of 1,
the bonds bid for, payable to the payable at the Florida National
Monterey County, Carmel Unified
Bank, Jacksonville. ' Bonds to bear
City, is required.,,
Sch. Dist, (P. O. Salinas),
interest expressed in multiples of
Califc
Stanislaus County, Ceres Ele*
34, 1/10, or 1/20 of.1%, at the?/
on
$750,000
$2,000 in 1948 to 1967, inclusive.
ties and it he
1
Due
Municipal Bonds by able
State Loan Commissioners
-
Dated April 1, 1947;
$1,000.
^TATErINDEBTEDNESS
County
held
Bond Offering—Sealed.bids will
/State/ ori/ behalf/oi/the;- city
■
or
par,
the
Election
Bond
$1,327,000
will
who
sold
when
3%
Salinas.
.
bid, for,
at
sold
when
obtainable
incinerator and
Barbara, Calif.
bonds.
bonds
Eureka),
$I5;000, 1953 to 1957 inclusive; that sealed bids will be received
■$20,000, 1958 > to,, 1961 inclusive; until March 20, by Fred J. Moore,
$20,000/1962; to 19§5 inclusive, and Jr., County Clerk, for the pur¬
$25,000 in 1966 arid i967. f Bonds chase of $3,500 school bonds.
;
maturing from 1962 to 1967 in¬
Kern County, Panama Sch.. Dist.
clusive will be optional for pay¬
(P. O. Bakersfield), Calif.
ment on July; 15,; 1961. A certi¬
fcheck; for*.5%
,
expressed in multiples of 34, 1/10
or 1/20 of 1%, at the lowest rate
at
—
Creek
Price
Sch. Dist. (P. O.
ture on July 15, as follows: $10,.000 from 1948 to) 1952 inclusive;
fied
1963,
and
?
Capitol/ Building,
Phoenix, until 2 p.m. on April 2 7—v. 165, p. 1239—were awarded
for the purchase of $335,000 not to Blyth & Co., of San Francisco,
at a price of 100.30, for $34,000 as
to exceed 3% interest
refunding
bonds to be issued on behalf of 2s, and $16,000 as 234s.:.
'
able J-J
1962
Angeles County Sch. Dist.
(P. O. Los Angeles), Califi
CALIFORNIA;
the
the City of
in
$20,000
$25,000 in 1964 and, 1965.
Principal and interest payable,t&t
the Florida National Bank, Jack¬
sonville.
Bonds to bear interest
Los
Simms,
will receive sealed bids at his of^
fice
at
March 10.
voters.
announces
Loan
on
election to be held
Arizona (State of)
State
voters
are
These bonds
the
the
1961,
and
—
ARIZONA
Offering —Mit
be
1, as follows: $10,000 in
1957, $15,000 in 1958 to
to
April 7, for the purchase .of $50*000 drainage of
1947 bonds, to arate bankable remittances (not
bear not exceeding 4% interest. certified) should accompany each
Warren, Ark.
Dated April 1, 1947.
Denomina¬ such check.
//;./•
Bonds Voted — The following
Bond Election
An issue of
tion $1,000. These bonds are due
Martin County (P. O. Stuart), Fla.
$36,000 improvement bonds will bonds amounting to $1,500,000 were $5,000 from April 1, 1948 to 1957.
Bond Offering—It is reported by
be submitted to the voters at the favorably'' voted at the election
Rate of interest to be in a mul¬
cation, is required.
Bond
of
will
1955
street bonds will be submitted to
Santa
1239—were purchased
by the Bank of America National
Trust & Savings Association, of
San Francisco* as:i2§, at a price
approved the issuance of $95,000 of
100.065, a basis of about: 1.99 %'.
construction bonds.
Dated Dec. 15, 1946.
Due $5,000
from Dec. 15, 1947 to. 1961/ inclu-'
Los Angeles County, Mountv
?
sive. Interest payable J-D.- Sec¬
; * San Antonio Junior College
ond best bid., was. an offer by
Dist, (P. O. Los Angeles),
Weeden & Co.r of par for $55,000
Calif.
as 2s, and $20,000 as 2,34 s.
Bond Election
It is officially
reported that an election will be
Santa Paula, Calif.
held on March 31, to have the
Bond Offering—Hersel J. Hop¬
voters pass on the proposed issu¬ kins,; City
Clerk, .will receive
ance
of
$1,750,000 improvement sealed: bids until 7:30 p.m. on
election.
A certified check for 2% of
the par value of- the bonds,
pay?
able to the State Board of Edu¬
State
;
issue
An
bonds
being offered for
sale "on March 22, subject to the
cost.
V
—
hospital
election to- be- held
mingham, whose. opinion will be
the
Election
$15.0,000
bonds will be approved
by White,
-Bradley, Arant & All, of Bir¬
furnished
Bond
•
Dated April 1, 1947. Denomina¬
$1,000.: The rate of interest
must be specified in multiples of
of 1%.
The legality of "the
tion
Feb.
on
bidder
the highest price
therefor, the Board reserving the
exclusive and unqualified right to
May 1,\ 1947. t The opinions of
O'Melveny & Myers, of Los An¬
.
Bonds Voted—At a recent elec¬
and; $3,000: in 1953 to; 1957,
Principal and interest payable tion the voters are said to have
18/ for the purchase of :
$180,000 SBA refunding, Series of
1947 coupon bonds. Denomination
$1,000. Dated Feb. 1, 1947. Due
March
'
1, 19.48 to
^io.wsL $2,000 in 1948,to 1952*
/
National
States
Bank,-of San Diego, at a price of
1946. 100.01, a net interest cost of about
2.33%; as follows: $50,000 matur¬
May 1, as follows: $25,; 000
in .1950 to 1971, $50,000' ing $5,000 from May 15, 1948 to
v:; <
in 1972, and $100,005 in 1973. 1957, as 2s, and $40,000 maturing
$5,000 from May 15, 1958 to 1965>
/ Denomination $1,000. Principal
as 2%s.
Dated May 15, 1947. De¬
and interest payable at the Coun?
nomination $1,000.
Interest pay?
ty Treasurer's, office or at the Na¬
able M-N. The next highest bidr
tional City Bank, New York. The
der was John Nuveen & Co., for
rate of interest to be in multiples
of % of 1%. Delivery of the bonds $40,000 as 2s, and $50,000 as 2V2S,
at a price of 100.03.
will be made on approximately
:
•
i.;•'
United
the
J 700,000 sanitation district No. 3
county/ municipality; or school District "to the^ purchaser at or
district, in the samecmanner as is prior to the date of delivery of
herein provided for; the payment the bonds. A certified check for
;, .*/ 1962J Principal
and interest
Of? the principal and interest i of 3% of the amount of the bonds
':iv
Treasurer'sjp|| state indebtedness/.
(Laws 1912 bid for each issue; payable to the
/ • fice - of the State Teachers
1
College* in Jacksonville- dr at (S. S.-), ch, 29,? No. 10, p; 98f R; S. Districts, is required.
1913, No. 5260, Jn. part; rev., R. C.
the> Chase
National
Bank,
Los A ngeles County, Eaststde.
1928, No. 2654.)
;
Hew York.
Union School District (P.O.)
25,000 series C, Agricultural &
Los Angeles), Calif.
ARKANSAS
Mechanical Institute at Horf Bonds Voted-—At a recent elec?
Dew County (Pi O.Monticello),
•J ; mal bonds. Due April 1, as foltion the voters are said to have
^
Arkansas.
1 '
'
f
10—v. 165, p. 1239—were awarded
to
of
is
stated
by
City Clerk, that:
the
fo" lowing^
$1,644,000, will be W
1501
submitted to the voters for con¬
sideration at an election scheduled
Western Kentucky State
April 8; $753,000
auditorium;
$394,000 street paving: $250,000
water, and $250,000 sanitary sew¬
bonds.
ers
?1
IVqltcn Ccunly (P.
Bonds Voted—An issue of
,rt.;
v-
O. De Funiak
road
Feb. 11.
on
Shanafelt
i:
ness;
5
ScA.
recent elec¬
a
school
building
"
Spring Valley, III.
//y'/?v:?
Bond
Election
$350,000
water
bonds
will
voters
Cartervi'.le, III.
An
—
at
on
issue
the
City
Feb:
1,
000.
1946.
Denomination $1,-
Due $10,000 on Feb.
to 1963 inclusive.
1956
able
to
as
1
bonds
Sold
$200,000 time
sale
on
the
An
—
ligations
of
issue
Chicago,
at
15,
due
are
1%
interest.
1947.
on
1947-
'/
sale
unlimited tax ob¬
These
Dec.
were
Bond
Evanslon, III.
Warrant Sale—The
tric
anticipation warrants offered for
sale
March 10—v.
on
—were
165,
p.
165,
awarded
to Scott &
Wyandt, Inc., and Enyart, Van
Camp
&' Co., both of
Chicago, jointly,
lVss, at
price of 100.01.
March 20, 1947.
a
as
Bonds
Voted
voted
at
the
An
—
was
1240
held
on
Feb. 25.?
va/?•?•>•
*•
y;:v'
Kankakee County
Community
High School District No. 307
.
2^)%
First
National
.
of
Chicago.
1960,
$26,000
to
\ Marissa Sch. Dist. No. 45, III.
Bonds Voted—An
issue of
$75,000 construction bonds was favor¬
ably voted at the election held on
Olney Township High Sch. Dist.
'No* 76 (P. O.
Oney), III.
K
Bonds Voted—It is
stated by J.
Hv Cherry,
Supervising
Principal,
that at the election
held on March
8, the voters gave a
very wide
margin of approval to the issu¬
ance of the
$950,000
construction
and site purchase bonds.
Peoria School District
No. 150, III.
■Bonds Voted—An issue
of
construction bonds
500,000
la™r?!^uVOt,e,d at the
held
Feb. 11
on
•
Counties, Community High
C-1--I
n*
.
•
*r
School District No. 38
(P. O. Karnak), III.
.
~
-
-
&*Trau-.
Dated Feb.
rtr
Evans-
Offering—Sealed bids
by
Auditor,
Otto
H.
until
will
Meyer,
1:30
p.m.
March 24, for the
purchase of
ries
A
of
1947
bonds.
Interest
rate is not to exceed
3%, payable
J-D.
Denomination $1,000. Dated
April 1, 1947.
Due
$14,000 on June and
1948 to
follows.
Dec. 1, in
as
1956, and $15,000 on June
Dec. 1, 1957. Rate of
interest
and
of
payable
the Parish
School Board, that
will receive sealed
bids unti
noon on
April 3, for the purchase
$64,000 school bonds, approved
by the voters at
Jan.
Due $3,-
an
election
on
2.
Terrebonne Parish (P. O.
Houma),
Louisiana c;
000 in 1948 to
1955, inclusive.
Interest
semi-annu¬
ally.
Bond Election
—
At
election
an
scheduled for
KENTUCKY
Bourbon Ccunty (P. O.
Paris), Ky.
Bond Sale Details—It is now re¬
ported that the $250,000 schoobuilding revenue bonds awarded
jointly to Fox, Reusch & Co.,
Edw.
G.
Taylor
Cincinnati, and
Lexington, at
&
Co.,
Russell
of
a
both
&
of
Long,
price of 100.055,
000
2s, maturing from July 1,
to 1966, and the
remaining
as
1948
$16,000
1967.
as
PAS, due on July
Interest payable J-J.
17, by Hazel Chatten, City Clerk,
for the purchase of
$26,000 sewer
revenue
bonds.
Interest rate
is
not to exceed
3%,
payable M-N.
Denomination $1,000. Dated
May
1, 1947. Due $2,000 from May 1,
to
1961,
inclusive.
These
bonds will be non-callable for the
first
three
years,
but for the
fourth year they will be redeem¬
able at 104 and for each succeed¬
ing
will
year
be
the
redemption price
by Ak of 1%.
reduced
White,
Sanford, of New Or¬
4s, 2%s, and lV^s. Dated
1947.
Legality approved
due Nov. 10, 1947. The next
highest bidder was the National
Shawmut
Bank,
rate of 0.83%.
the
a.m.
Dec.
purchase
on
April
of
$1,000,000
not to exceed 5 %
interest, Metro¬
politan District, 15th issue, cou¬
bonds. Dated April 1,
Denomination $1,000.
Due
pon
000
on
1947.
$25,-
April 1 from 1948 to 1987
inclusive. Rate
or rates of interest
expressed in multiples of
%th of l/10th of 1%.
Principal
and interest (A-O)
payable at the
Union Trust Co. of
Maryland, in
Baltimore. Bonds will be issued
to
$100,000 tax
offered
.
a
a
rate
due
are
and
sale
to
the
'
Bank,
National
at
an¬
for
of
;
awarded
were
notes
1
of
0.63%;
$50,000
on
Dec.
15/ 1947. ? The /
next highest bidder was the Mer¬
chants
National
Bank, Boston, at
rate of 0.64%.
a
Lynn, Mass.
Note Sale
The $600,000 tem¬
loan notes offered for sale
—
a
rate of
be
0.61%.
Dated March
14^»-1947; I These :notes j are
Nov; 7, 1947.-'
>
i
receive sealed
(EST),
notes
recently,
"
Selfe,
County
for
at
/ Grafton, Mass.
at
Bond Offering—James G.'
Chief :Clerk of Board of
1
Boston,
on
March 12—were awarded
to
the First National Bank of
Boston,
MARYLAND;
bids until 11
of
Note Sale—The
porary
Commissioners, will
Boston, at
Dated March,
14, 1947. Denominations $25,000,
$10,000 and $5,000.
These notes
1,
by Charles & Trauernicht, of St.
Louis.
of
are
These
&
Baltimore, Md.
Bond Offering—Sealed bids will
be received until 7
p.m. on March
1949
Jan.
as
Bank
discount of 0.80%.
Worcester,
Winnsboro, La.
1,
Hodgenville, Ky.
First National
a
Mechanics
Bonds Sold—An issue of
$160,000
public
improvement bonds
was purchased
recently by
$500,000 Jem-;
porary loan notes offered for skle
on March
13, were awarded to the
drainage bonds.
Hattier
the
was
Chelsea,Mass,
ticipation
leans,
1366—were purchased
by the said firms as follows: $234,p.
1947.
6, 1947.
highest bidder
Sale—The
gregating $1,125,000: $750,000 Consol. Sch. Dist. No.
1, and $375,000
net interest cost of about
1.97%
165,
Note
•
April 1, the voters
will be asked to
pass on the issu¬
ance of the
followings bonds ag¬
v.
a
Securities
m
bonds.
18,
Oct.
Corp., and Chemical
Bank & Trust Co., New York,;
jointly, at a rate of 0.86%..
Offering—It is stated by
Wells, Secretary-Treasurer
M.
of
due
Lynn, Mass.
Offering—Daniel
I Bond
Ardle,
City
Treasurer,
$200,000
18
for
the
coupon
J.
Mc-
will
ceive sealed bids until 11
March
< due
•
on
5
of
purchase
or
;
re-
a.m.
■
registered
street and sidewalk paving bonds
of
1947.
Dated
March
1, 1947.
Denomination
000
$1,000.
Due
$40,-
-
'
March 1 from 1948 to 1952
inclusive.
Bidder to
name
one
rate
on
of
multiple
interest,
of
V4
of
expressed
1%.
in
a
Principal
and
interest payable at the First
National? Bank of Boston, or at
the City .treasurer's; office.
Le¬
Principal and interest payable at
subject to registration as to prin¬
Lincoln
National
Bank:
of
cipal only at. the Safe Deposit &
Hodgenville.
A
named by each bidder.
$500
certified Trust
Said bonds
Co., of Baltimore. A certi¬ gality to be approved
check must
by Storey,
will be awarded to the
accompany the bid..
fied check for
highest re¬
$50,000, payable to Thorndike, Palmer & Dodge of
sponsible bidder who has du
order of the
County Treasurer, is Boston.
Kentucky (State of )
y
qualified and has submitted a bid
required, Legality of bonds to be
Bonds Sold—It is reported
by
in accordance with
the notice of Hume?
approved by Michael Paul Smith, i} . J Massachusetts (State of)
/
Sory,
Secretary
of
the
sale
Note Sale—The notes aggregat¬
attorney for the County Commis¬
Board of
Trustees, Kentucky Mili¬
■i No
conditional "bids
will
be tary
sioners,,? and by Niles, Barton; ing $20,000,000 ? offered' for sale I.
Department, that $1,750,000
on
March 7, were awarded to a >
considered.
The
bonds will be first
Morrow & Yost of Baltimore.
mortgage revenue refunding
ready for delivery within 21 days bonds were
syndicate composed of the Bank- :r
offered for sale on
Washington Suburban. Sanitary
after sale date. Bids must
ers
Trust
Co.,
the
be on March 5' and were
Guaranty ;
awarded to a
'I?'y)::k District, Md. ;
forms provided
Trust
Co., National City B^nk,
by the County sydicate composed of the
Bank¬
Bond Offering—Frank B.
Central Hanover Bank
Smith,
Auditor, and must be accompanied ers Bond '
&;^Trust
Co.,
Stein * Bros.
& Chairman, has announced that the
by a non-collusion affidavit. Said
Co.,
Manufacturers
Trust
Boyce, Almstedt Bros.,
tj,Ce.,vv \
O'Neal, Commission will receive 3 sealed Chase" National Bank
bonds are being issued under
/Chem- ;
the Alden &
Co., all of Louisville, bids at its office, 4017 Hamilton ical Bank
provisions of Chapter
& Trust Co., First. Na- i
117, Acts W. C. Triornburgh &
Co., Walter, Street, Hyattsville,; Md,, until 3 tional Bank, all of New
of 1935, for the
purpose of securYork, ;
Woody & Heimerdinger, Pohf & p.m. (EST) on March
"n',
26, for the National Shawmut Bank of BOs;,•?
fVnd? to be advanced hutliA Co.,. Hill & Co., the Weil, ..Roth purchase of the following coupon
by the
ton, J. P. Morgan & Co.J'Tnc., of :
bounty do Pidgeon and Cen er & Irving Co., all of
Cincinnati, bonds amounting to $1,500,000, New York, Second National
Bank, •
Russell & Long, of
Lexington; and not exceeding 4% interest:
Merchants National Bank/ Safe :
poses, and will be the direct ob"the Equitable Securities
Corp., at $1,000,000
series
ligations of the County,
MMM, ;' water Deposit & Trust Co;, all of Boston, }
a
payable
price of 104.00, a net interest
main and sewer bonds.
out of
Due New
York
Trust
unlimited, ad valorem taxes Cost of about
Co.; of ^NeW v
3.19%, on the bonds
to be levied and
April 1, as follows: $10,000 in
collected on all divided as
York/ National- Rockland Bank, /
I follows:
? 1948 to 1957, $20,000 in 1958
$200,000 as
of the taxable
and the Day Trust Co., both of ?
property in the 2%s, due from
April 1, 1949 to
to 1967,
$30,000 in 1968 to Boston, /as
County. The approving opinion
follows:?/:'/?/.'./?
1
1952, and the remaining $1,550,:
of Ross,
1977, and $40,000 in 1978 to $10,000,000 notes at
McCord, Ice & Miller, of 000 as
0.72%, plus a
3V2s,v due from- April' 1,
:
1987, Indianapolis, will be furnished. 1953 to
r:
:v?".r
premium * of 4 $3.00. ! Due oir:
-1971,' all inclusive, - In¬ "SO.OjOOO. series NNN, storm water ?;
Enclose a certified check
Nov.: T4/;1947-.:?.:/-v
for 3% terest
payable A-O. There was no
of the "bonds bid
drainage bonds.; Due April L ; 10,000,000 notes at
for, payable to other bid received for
0.74%,/plus.a./. ?
the above
as follows:
me ±*oara of
$15,000 in 1948 to
.o.^premium - of • $3.00. - Due on./ - ?
uommissibiteia.
bonds.
1952, $17,000 in 1953 to 1957;
/• March 12, 1948. - ■?
:??v' /
/
to be in
not
multiples of V4 of 1%, and
more
than
one
rate
shall
the
be
.
.
.
Bond Legality Approved
An
issue v of*
$31,000
3%%
school>
>3Uildmg bonds has been approved .
ns to. legality
by Charles
erniciit, of St. Louis.
of¬
an
sewer
next
March
are
to
rate of
a
,
Pulaski and Massac and Johnson
.
was
$282,000 Advancement Fund, Se¬
.
was
election
on
24,000 2%
The
Glenmora
he
$3,000 in 1948 to
1955, inclusive.
awarded
were
Dated
•
semi-annua_
sewer
0.86%.
Bond
Due
12,
Halsey, Stuart & Co., at
-
Feb. 15.
.
City
received
County
Principal and
,/ //v/:
Bond
be
1961,
(F-A) s payable at the
First National Bank of
Chicago.
Legality approved by Chapman &
Cutler, • of Chicago.»; // /•?
•
a
ville), Ind.
$27,000 in 1962 and 1963,
$28,000
in 1964, $29,000 in 1965
and 1966,
and $30,000 in 1967.
interest
100.634,
Vanderburgh County (P. O.
:
1949,
$20,000 in 1950 and 1951,
$21,000
in 1952, and
1953, $22,000 in 1954
and
1955, $23,000 in 1956 and
1957, $24,000 in 1958, $25,000 in
and
of
payable
the
bonds.
loan notes offered for sale
March
First Boston
Parish,
H.
aggregating $48,000:
$24,000 1%%
Corp., of
Indianapolis, arid? Shields & Co.,
Dated Feb. 1, 1947.
Denomina¬
tion $1,000. These bonds
are due
Feb. 1, as follows: $8,000 in
1959,
price
a
byt the /jointly.
recently
Bank
at
Raffensperger,
Indianapolis,
porary
These notes
Sch. Dist. No. 27 (P. Q.
Alexandria), La.
following
.
Sale—The $5,000,000 tem¬
on
louisiana
sewer
a
2%s, submitted
by
issue pf $450,building, coupon bonds
purchased
,
of
Second best bid
fer of 100.169 for
(P. O. Bradl-y), III.
000
2j/4S,
Co.,
J-J.
Bond? Sold—An
was-
and
&
$4,400
Rapides
7—v.
to
arid
for the purchase of the
bonds
1947 bonds
March
on
basis of about 2.18%. Dated
March
1, 1947. Due as follows:
$10,000
dn Jan. and
July 1, 1949; $20,000,
Jan. and
July 1, 1950 and 1951,
and $25,000 on Jan. and
July 1,
in 1952 to 1965. Interest
of
favorably
election
sale
Boston, Mass.\■
Note
to
internal
18, by H. G. Walker, City Clerk,
elec¬
1366—were awarded
p.
Hughes
as
issue
of
revenue
for
cinnati,
Dated
Highland Park, III.
$547,000 city bonds
utility
$800,000
$38,000
Bond Offering—Sealed bids wiL
be received until 2
p.m. on March
for
syndicate composed of John Nuveen & Co., of
Chicago, Stranahan,
Harris & Co., Inc., of
Toledo, the
Weil Roth &
Irving Co., of Cin¬
1366
p.
Sale—The
offered
$430,000 tax
banks:
Hardther, Kan.
poor
awarded to James O. Sut¬
the
local
improvement,
165,
that
bonds.
city.
Printed ton, of
Petersburg, as 3%s, at a
bonds to be furnished
by the suc¬ price of par. Interest
payable J-D.
cessful bidder.
Legal opinion of Dated March
1, 1947. Denomina¬
Chapman & Cutler of
Chicago tion $1,000. These bonds are due
will
"accompany delivery of the $5,000 on June
and Dec. 1, 1948.
bonds. A certified check for
$8,- Interest payable J-D.
000, payable to order of the
City
Treasurer, is required.
Portland, Ind.
i-W
by
31,
offered
redemption equal
following bonds aggregating
$42,400, were purchased recently spective stated
maturity dates.
!'
1947* bonds
such
massachusetts
V4
of 1% per
year, for each year or
fraction thereof that the
bonds are
called in
advance of their re¬
Abilene, Kan.
Bonds Sold—It is
reported
the
warrants
before
or
March 10—v.
on
redemption, in whole or in part,
additional interest will be
paid as
to any of such bonds at
the time
of
Dated
—
of
price of 100.954.
KANSAS
Pike County (P. O.
Petersburg),
Indiana
Bend Sale
The $10,000
relief
*
warrants offered for
March 11, was awarded to
National Bank of East
March
a
of
First
Registerprincipal only. Prin¬
are
the
held
i
Chicago, Ind.
.
The
to
be
at
from
cipal and interest (F-A)
payable
at
the
City Treasurer's office.
submitted
election to
of
system
Indiana!
East.
Warrants
bids until 9 a.m. on
April 2 for
the purchase of
$80,000 not to ex¬
ceed 2% interest
coupon boule¬
vard lighting
system bonds. Dated
sewer
April 15.
>
Denville, III.
Offering—W. M. Cannady,
Clerk, will receive sealed
and
be
'
Bond
is¬
an
i
$100,000
v
Band Election—An
issue of $7,000 fire truck bonds
will be sub¬
mitted to the voters at
the elec¬
tion to be held on
April 15.
O.
Salem), III.
bonds.:' /
illinois
,
(P.
authorized
of
sue
000 in 1963 to
-'
—
will
/?/■:•;?
Dist.
Bonds Voted—At
tion the voters
•30,000 certificates of indebted-
;yv??v'
bonds
College (P. O. Bowling Green),
•v,■./?[■'Kentucky
-5:?';;;
■
favorably voted at the elec¬
equipment
tion held
were
favorably voted:";
$160,900 hospital bonds.
$20,-;
000
Bonds and Certificates Voted
At the election held
on Feb.
18
the following bonds
and
certi¬
ficates
amounting ■: to
$180,000,
t
■
was
Springs), Fla.
!/!
V'*? "</$.• Carroll,-..Iowa
Shahhona, III.
/,...'1v;: //:\ ?/..?,:■
Teachers
$20,000 in 1958 to 1962, $23,-..
1967, and $25,Bond Election —* An
000 in 1968 to 1972.
v??■ : <;/??'
issue
of
Bonds "Offered
$14,000 athletic' field bonds will
Dated April 1, 1947. Denomin¬
Sealed
bids
be submitted to the
were
received until 11 a.m. on ation $1,000.
voters at the
Rate of interest to
| election to be held on March 25. March 15, by the Secretary of be in multiples of 1/10 or Vs of the Board of
Regents, for the pur¬ 1%. Principal and interest pay-?
Cedar Falls Sch.
Dist., Iowa
chase of* $160,000 not to
exceed able at the Prince Georges Bank
n Bonds Voted—An
issue of $80,- 2^4% dormitory
building revenue & Trust Co., Hyattsville, or at the >
000 construction bonds
bonds of* 1947.
was favor¬
Denomination $1,- Equitable Trust Co., of Baltimore,
ably voted at the election held on 000. Dated April
1, 1947. Interest or at the Chemical Bank & Trust '
Feb. 24.
/. ;
"
payable A-O. Due April
1, as fol¬ Co., New York City. General oblows: $9,000 in 1951 to
T
1960, and ligations. Bonds will be delivered ;
Shenandoah, Iowa
$10,000 in 1961 to 1967. These about April
23, 1947, at place of
Bond
Sale —The
$11,000 Jire bonds are part of an
authorized purchaser's choice.
The approv- *
equipment bonds offered for sale issue of
$200,000, all subject to re¬ ing opinion of Mitchell & Per- > :
on
March 10—v. 165, p. 1240—
demption prior to maturity, in shing, of New York, will be fur¬
were
warded to Becker & Cowwhole or in
part, in inverse nu¬ nished the purchaser. A certified
nie, Inc., of Des Moines, as 1V2S, merical
order on any interest
pay¬ check for 1% of the amount of
at a
prjee of 101.045. The next ment
date, on 30 days' published bonds bid for, payable to the
highest bidder was the City Na¬
notice, at the option of the Board Commission, is required.
tional Bank,
Shenandoah, for lV&s, of Regents. In the event of
such
for
.
•
•
-
•
150;
FINANCIAL CHRONICLE
THE COMMERCIAL &
165 ' Number 4577
Volume
% n'
■
'
to The
Bank of America National Trust
&
Savings Association, of San
Francisco, Salomon Bros. & Hutzler, and Brown Bros. Harriman &
Co., both of New, York, jointly,
at
0.73%,
plus a : premium' of
$177.00. Due on Jan. 16, 1948.
March
7,
These
of
of
count
rate
the
suitable
residents
Note
it
tional
the above notes will
on
be payable at maturity. The Com¬
monwealth figures the interest on
day
of
number
exact
days
on
due Dec.
are
360
a
re¬
10, 1947.
Bond
165, p. 1367—
awarded to Robert Hawkins
were
l%s, at a
price of 100.539, a basis of about
1.13%. Dated March 1, 1947. De¬
nomination $1,000.
These bonds
are due $18,000 on March 1, from
1948 to 1957, inclusive. The next
highest bidder was the Second
National Bank, Boston, for l%s, at
&
Co.,
Boston,
of
as
Secretary,- will receive
sealed bids until 8 p.m. (EST) on
March
19
for
the
purchase of
$125,000 not to exceed 3% inter¬
est coupon building bonds; Dated
Nov. 1, 1946,
Denomination $1,000. Due $25,000 on July 1 from
ajpriceoi 100.51.
,
1948
inclusive.
1952
to
interest
to.
National
Manufacturers
■
,
Note
porary loan notes
on
March 11—v.
offered for sale
165,
at
of Boston,
Bank
tional
a
rate
Bids
offered for
Millbury, Mass.
Offering—Sealed
March
7:30
until
received
be
bids will
p.m.
on
by William T. White,
for the purchase
19,
Town Treasurer,
following
the
of
registered notes
aggregating $33,000:
.
$10,000 highway departmental
equipment
notes.,; Due
on
March 15; $3,000 in 1948 and
1949, and $2,000 in 1950 and ,
1951.
Election
sale
on
Bank of
H«ughton, as l%s Interest payoble M-N. Dated March 15, 1947
Den°mm±°n J1.'000' ™ese
?re due $10 000 from May 1 1947
\°
XW£er was the Merchants & Miners
Hank, Calumet, for 2s.
Houghton. National
$75,000
election
. 1p.m. (EST),.pn March 17, by Roy j the
election
departmental/equip-?; Conner, Ch^rnian of :the. County? March 25.
notes.
ment
15; $3,000
Due
March
on
March
,
Commissioners,
Road
in_1948 to 1951, and refunding bonds,
one
15,
rate
of highway
May
dated
1,
1934, aggregating $180,000.
$2,000 in 1952.
name
1947. Bidders
of interest in
multiples of Va of 1%, for
the en-
Michigan (State of)
Co-Paying
Agent:—It is
an-
by tee Bakers Trust
Co. of New York, that it has been
ipp°'nAel Co-Paymg Agent for
!e $200,000,000 State of Michigan
ton.
Oakland
Milton, Mass.
Offered —Sealed bids
received until March 14 by
,
1%% Veterans' Bonus bonds.
wero
of
chase
for the purfollowing coupon
Treasurer
the
aggregating $80,000/
S25.000 street construction, 1947
bonds. Due $5,000 from April
bonds
1, 1948 to
40,000
Tenders Invited
Bond
1, 1948 to 1952, inclusive.
15,000 water main construction
X*
bonds. Due $3,000 from April
XX tl, 1948 to 1952, inclusive.
Denomination
$1,000. ' D a t e d
*■
Principal and in-
payable at the First Na"tional JBank of Boston.
These
bonds are general obligations of
.
the Town.
County
Road
Sealed
Commissioners,
.•
.
the
are
the
to
to be held
voters
—
Y,-/^lYY
An
at
the
election
April 1,
on
X
<
Schuyler School District, Neb.
Voted
site
bonds
voted
the
at
issue
An
—
purchase
struction
was
:
of
and confavorably
election
held ,/pn
March 4.
Scottsbluff, Neb.
'v/<XX
-
Bond Election—The issuance of
the fo
lowing bonds totaling $125/^
system, and $25,000 park improvement bonds,
and
NEVADA
to
XX/XXX ;
Reno, Nev.
BondX Offering — T. L.
bonds originally
Fulton), schedufed" for" safe"
-
stated by the
City Treasurer that
$200,000 tern-
to
be
NXX*
held
on
Ma°rch
on
postponed.
of
MINNESOTA
Van Cleave Con¬
O.
offered on March 3,
and
awarded
to
Kingsbury &
Alvis, of New Orleans as 2%s—
v.
165, p. 1367—were sold at a
price of 100.402, a basis of about
school ybonds
2.695%.
Louisville, Miss.
$30,000 school
Sale—The
building bonds offered for sale on
to
according
100.266,
3,
'
.
/
j■
.
Taylor,
\Clerk, will; receive sealed
iblds until 11 a-m- on April 5, for
I the purchase of $650,000 city jail
Second best bidder was J.
Clerk.
G. Hickman & Co.,
offering 100.043
1, 1947.
to
Dated April
Due $2,000 from April 1,
1958, inclusive.
• X
Elbow Lake,
will
.
Voted
—
An
O.
X
issue
X
City, Mo.
Bond Offering—Sealed bids will
Kansas
be received until 2 p.m.
Bonds Defeated—It is
Board
held
March
on
sary
two-thirds
improvement
re-
chase of $200,000 tax anticipation
Due $125,000 on Dec. 18;
,
for
and ^T5'000 0n Dec1947- tiY),
Strafford County (P. O. Dover)*
•„
N. H.
a
Note Sale—The $175,000 tax
star
ticipation notes offered for sale-
165, p. 136&—
the Farmingtou
1, 1947. Denomination National Bank, of Farmington/' at
$1,000. These bonds are due Feb. a rate of 0.74%. Dated March 14,
1, in 1948 to 1965. The next high-, 1947. Due on Dec. 23, 1947. Payas
a
lV2s, at a price of
basis of about 1.455%.
on March 11—v.
were awarded to
Dated Feb.
est
bid
was
that of the City Na-.
& Trust
Co., Kansas
City,
and
Blewer,
Glynn, jointly,
for
iy2s, and $36,000 as
able at the Strafford
Bank, of Dover.
Heitner &
$164,000 as
l-5/6s, at a
tional
Bank
New
Bids
(CST), on
Sale—The
of
be
office,: 16 Wall Street, New
O. Baker),
-
Jersey
Portfolio Bonds*-—
received by / the
Trust Co., as agent, at its
will
Bankers
MONTANA
National,
NEW JERSEY
Offering
price of 100.144.
Bond
X: /
were
notes.
awarded to Halsey, Stuart
Co.,
100.405,
woj-ks H bonds. Interest .Issue.
Series improvement, Jith is not
XXX /.X
$100,000 hos¬
Yor£,
March 18, not later than
11 a.m. (EST), for the purchase of
New Jersey State and Municipal
bonds consisting of lots Nos. T'to
N. Y., on
De¬ pital bonds offered for sale on
36, in the aggregate amount of
Dated March March 11—v. 165, p. 1114—were
$1,123,000, subject to the follow¬
Due March 1, as follows: awarded to the Baker National
ing conditions:
!
/
in 1948, $56,000 in 1949, Bank, as 2s, at a price of 101.30.
(a) All bids should be addresser!
in 1950, $58,000 in 1951; Interest payable J-J. Dated March to Bankers Trust Co., attention* of
in 1952, $60,000 in 1953, 1, 1947. The next highest bidder W. N >FuiVer«on, • Jr., Assistant
in 1954, $62,000 in 1955, was the Bank of Baker, for 2s, Vice-President. •
'
in 1956, $64,000 in 1957, at a price of 101.25.
to exceed
3%, payable M-S.
nomination
$63,000
Bids
—
ceived until March 14, for the pur-
March 10—v. 165, p. 1368
chase of $1,300,000. coupon water
;
offered
bonds
H.
N.
Offered
Notes
$200,000 public
on
sale
HAMPSHIRE
Rochester,
.
Webster Groves, Mo.
Bond Sale—The
ronnirofJ
required.
ic
is
NEW
the
Pitv
City,
+l~i o
the
the
the
approval of the
balloting.
tioXXhe XotXXaXrXed * bvX
*
7,
tn
to
proposal calling for the issuance
of
the
$10,000,000
construction
bonds failed to receive the necesvoters
A certified check for 5%
County.
by/of the amount of the bid, payable* ;
stated
Secretary-Treasurer
of
of Education that at
the
not** were_ offered wide margin the proposal to issue
for/sale on March 6 and were $15,000 water and sewer construc¬
awarded to the Second National tion bonds.
X
•
X
Bank of Boston, at 0.61%
dis¬
count.
Denomination
$50,000. Hennepin County Indep. Sch. Dist.
Dated March 10,
1947. Due on ; - No. 12 (P. O. Minneapolis),
j
Minn. ~
""Nov.
13, 1947. - Payable at the
Bond Offering—Sealed bids will
;
Merchants National Bank of Bosbe
received until 7:30 p.m. on
ton. -Legality approved by Stor¬
March 20, by Ernie C. Ellenson,
ey, Thorndike, Palmer & Dodge,
1, 1947.
County Treasurer's office, Washoe
(P. O.
m
i.
n
_
17, by .Rollin F. Agard,
Director of Finance, for the pur-
$55,000
$57,000
$59,000
$61,000
as
nished the successful bidder. Prin¬
St. Louis), Mo.
Fallon County (P.
Mont.
loan
$34,000 in
cipal and interest payable at the
March
Minn.
1,
and
;
Sti Louis School District
&
of
follows^ $38,000 iil 1949,
1950 to 1967/* The
approving opinion of Chapman &
Cutler, of Chicago, will be fur¬
Jan.
March 28, for the
were
(P.
Starkville), Miss.
Oktibbeha County
Bonds
County Treasurer,
receive sealed bids
on
a.m.
November.
for 2%s and 2Vas.
Sale—The
yjuage cierk4
Nesbit,
he
purchase of the $400,000 hospital
bonds, approved by the voters last
City
the
tional Bank of Crosby, according
^
that
election
$100,000 county hospital bonds
Crosby, Minn.
$20,000 street was favorably voted at the elec¬
equipment bonds offered for sale tion held on March 4.
on
March 11—v. 165, p. 1240—
were
awarded to the First NaMISSOURI
Bond
Elmer
until 9
Pascagoula), Miss.
Sale Details—The $16,000
.
highway improvement refunding
1949
Notes, Sold—It is
porary
ted
litho¬
and will
City, in an amount equal
of the bonds bid upon.
2%
These
will be received until March 11—v. 165, p. 1241—were
10 a-™. (EST), on March 17, by awarded to Barrington & Co., of
Luther D. Allen, Chairman of the Jackson, as 214s, at .a price .of
Northampton, -Mass.
/
X/XVXtV'f X.
issue ;,of$15,000 auditorium and park im- *
provement bonds will be submit¬
Election
doing business in Kan¬
company
sas
tenders
from April
/
April ,1, 1947.
—
-
County,
Bond
bonds, dated Nov. 1, 1935 matur1952, inclusive.
|ln? on Nov. 1, 1958, subject to
construction, 1947 prior redemption,
sewer
bonds. Due $8,000
terest
construction bonds.
Bond
companied by a cashier's or cercheck on a bank or trust
May 20.
solidated School District (P.
O. Pontiac),
XXX*
Bonds
tte^own
County (P.
Mich.
Jackson
Bond
$33,000. No telephone or telegraph bid will be accepted, like-1
wise, no bid for less than par and
accrued interest.
Payable at the
Merchants National Bank of Bos-
lire
*
a
Bond Election
An issue of
Mt. Clemens), Mich.
Phelps County (P. O. Rolla), Mo. bonds, not exceeding 3% interest.
Due on
Bond Tenders Invited — Sealed ' $33,000 school construction bonds
Dated
Jan.
1,
1947.
Denomina¬
Bond Offering—It is stated by
1948 to tenders will be received until 2 wjn
submitted to the voters at
tion $1,000. These bonds are due
1951,;and $1,000 in 1952,
14,000 fire
Dated
by
.
—
^
9,000 fire station notes.
March 15; $2,000 in
to
■
approved
McCook, Neb.
the success¬
ful bidder in Kansas City, it be-
the voters at the
' Miss.
;
000
deliver such bonds to
of
issue
Itawamba County (P. O.
(P. O.
voters
»
margin
a
proposal
calling for the issuance of $179,r
tified
be held on
to
the
/
recent elec¬
a
substantial
proceed to have the bonds
memorial bonds wil
war
be submitted to
X-^
ing' anticipated that such deliv-/ °°0, will be submitted to the vot
erycan
be made on or about ers at an election scheduled for
April 1, 1947/ Bids shall be ac-YAPril 1- $100,000 water works
An
—
.
Gothenburg), Neb.
,
Bonds
Miss.
Election
:
tion
and
executed,
on
p.m.
for the purchase.:of
school
bonds. ... These
Bonds Voted—At
$250,000
(P. ~0.' Natchez)
County
Bond
'
.
bonds
Immediately fol-
and
receive
will
7:30
Cotfienburg School District (P.O.
City and delivered to the success-
graphed
until
time in May.
ful bidder as and when the
MISSISSIPPI
Adanii
Education,
are being offered subject toX
special election to be held some¬
a
opinion of Stinson, Mag,
Thomson, McEvers & Fizzell, of
Kansas City, whose final unquali¬
fied
approving opinion will be
furnished and paid for by the
tion to be held on April 7.
165. PjL367—were awarded to the
of
$321,000
legal
delivered.
—
bonds
such
said
bonds will be sold subject to the
made
be
Offering
in
alterations
or
shall
forms
Bond
Bayard T. Clark, Secretary of the
tions, the outstanding bond hav¬
of
Feb.
on
Ci'y School District, Neb.
Pre-election
to
respective " series / designa¬
their
$75,000 library bonds will be sub¬
mitted to the voters at the elec¬
O.
$50,000 notes
March 12—v.
Macomb County
Falls
any
14-H
lowing the sale of the bonds hereinbefore described, the City will
issue
,
'Y
17,
are
An
—
<■/
A<
$20,favorably
was
25-
March
of purchased by the State.
of
Waseca, Minn.
Bond
Sale—The
Bond
of 0.647%.
Note
election
bonds
maturity only in the inverse nu¬
merical order and, likewise, only
iiri the inverse numerical order of
bonds authorized at the
held on March 4, was
funding
airport
bids
Starbuck, Minn.
pre¬
\t
voted at the election held
sealed
Sold—An issue of $9,000
Bonds
upon
Houghton County (P.
Houghton), Mich.
in the bidding was Rob¬
& Co., with a dis¬
In the event
elect to call
additions
opinion of Miller,
the bonds.
000
Board
Interest
the
to
as
Bonds Voted—An issue of
date
which may- be procured from the
above Director of Finance and no
IV4S.
electric*'
the
of
by
pro**
bonds at the elec¬
4.
(These
sold
were
►
i
March
on
;/;,>x,X.
-'//
XX/X;XVDavid City, Neb. V
000, one for $900. These bonds are
due on July 1, in 1948 to 1955.
The next highest bidder was the
Northwestern National Bank,
for
the
$440,000
iisue
revenue
prior to their ultimate
payable J-J.
\
Clerk
payment
redeemed
on
•J" ?*.*
,
City
subject
election,,
viously noted here.)
Minneapolis,
as
1.20s.
Dated
March 1, 1947. Denominations $1,-
Minneapolis,
to
outcome
All bids must be made on forms
p.
1
•
to 630,
1,119
redemption shall be paid and
to
of
sale
for
165,
10—v.
of
he d
bonds
awarded to J, M. Dain & Co., of
required.
conditioned
tion
and redemption as
of the bonds of
20-H, inclusive,
then all of such bonds so subject
O. Edina), Minn.
offered
bonds
March
Bank,
Canfield, Paddock & Stone,
Detroit, aproving the legality
Hawkins
count
be
posal
system
1240—were
ing
Dec. 4, 1947. Run¬
Nov. 5, and
ner-up
shall
the unqualified
$175,000 each
These notes are due
a
shall
City
;
i
Voted—The
count
a
ing
the
highest
number
and
being of the series having the
longest maturity being the first
bondcalled
for
payment.
bonds, payable to order of
the District Treasurer, is
Dated March 11, 1947.
of 0.619%.
ert
1367—
p.
of the
the
Series
'Madison), Minn.
Bond Sale—The $46,900 refund¬
A certified check for 2%
Detroit.
awarded to the Second Na¬
were
on
tem¬
in
expressed
be
of
Va of 1%. Principal
interest (J-J) payable at the
and
Methuen, Mass.
Sale—The $350,000
Rate
of
multiple
hat
for
Lac Qui Parle County Independent
Sch, Dist. No* 74 (P. O.
District
March /11—v.
on
of such redemption.
25.
of Feb.
.
interest to the
i ■,,
■
D c.'.ricNeb.
states that the voters approved
Se¬
interest payment date
prior to maturity, at
value thereof, together
par
'
T..'
Bonds
any
with accrued
$1,250,000 building bonds, author¬
ized by the voters at an election
Inkster), Mich.
Offering—Ralph M. Bell,
Sale—The $180,000 street
on
the
to the
ceived until April 9 on an issue
Sch. Dist. No. 8 (P. O.
construction bonds offered for sale
17 (P.
the
of
of
,•
;
thereafter
Bond Offering—Bids will be re¬
Township Fractional
Dearborn
or
Hennepin County Indep. Sch. Dist.
No.
bonds
•
tion of the City, on March 1, 1957,
certified
a
NEBRASKA
1959,
$69,000 in 1961,
$71,000 in 1963,
$74,000 in ' 1965,
and $76,000 in
14-H to 20-H, inclusive, ag¬
gregating the principal amount of
$507,000, may be called for re¬
demption and payment at the op¬
aforesaid
sale re¬
for
Enclose
Each
$60,000 in
ries
for $2,000, payable
District Treasurer.
MICHIGAN
Medford, Mass,
Bond
$1.000,0C0
offered
notes
in
check
cently, were awarded privately, at
a discount of 0.573%. These notes
basis. Boston delivery.
year
Sale—The
Note
venue
be
to
Colman, Barker, Scott &
of Minneapolis, will be
; furnished.
.
Y/?'.;// Springfield, Mass. /-vX//,.;
World War II. The
above notes are direct obligations
Interest
Barber,
,
1967.
The
nate.
Dorsey,
0.614%.
to
the bidder may desig¬
approving opinion of
company
Na¬
Second
the
was
interest
of
Due
1950
1,
bonds.; Principal and interest pay¬
able at any suitable bank or trust
Bank, Boston, at a rate of
bidder
est
States during
of the Commonwealth.
6, 1947.
1, .1947.;
March
from
Rate
1959.
21/2%,
multiples of 1/10 or Va of 1%, and
must be the same for all of the
These notes are
The next high¬
12, 1947.
due Nov.
March
Dated
$10,000
.
Dated
0.60%,
of
discount
a
March
served
forces of the United
in the armed
*
tem¬
'
1958,*
in/1960,
$70,000 in 1962,.
$72,000 in 1964,
$75,000 in 1968,
$67,000
Denomination $1,-
payable M-S.
.
loan notes offered for sale
on
March
12, were awarded to
the First National Bank of Bostop,
have
shall
who
-
in
$65,000
;for the purchase
building bonds. \ In¬
Clerk,
$100,000
terest rate is not to exceed
porary
certain
recognition, for
Df
000.
all issued un¬
are
0.615%.
of
Somerville, Mass.
Sale—The $500,000
/■„
,
provisions of chapter 581
Acts of
1946 providing
der the
District
the Merchants National
Boston, offering a dis¬
was
Bank
awarded
were
notes
ding
for sale on
bid¬
Runner-up in the
of Boston,
$10,000,-
Additional- Sale—The
000 notes also offered
$1,000.
THE COMMERCIAL & FINANCIAL CHRONICLE
1506
/• .//NEW
(b) All bids will be considered
firm until 4 p.m. (EST) March 18,
and
successful
bidders- will
be
Bankers
c) All bids
all"
or
for
of
of
none
part of
all
lots
to be made for
are
lot.
each
lot,
a
will
bid
No
all
or
none
or
considered,
be
j
(d) Bids are to be expressed in
/•/ terms of a dollar price for each
$100 par value for each lot as
numbered.
include
crued
The Bid Price will not
accrued
interest
interest, but ac-^
is
be
to
added
furnished the successful bidders. J
(f) Delivery of the bonds will
;;
.
be made at the
March
21,
certified
in
against
bank
or
New
above address
payment
cashier's
on
by
check
York
Clearing
House
tQ other points
i/U may be arranged at the expense
of the buyer. < *
>;
(g) The right is reserved to re¬
funds.
Delivery
ject any
March
^
Paramus
School District (P.
Bonds
■
i•
O.
Paramus), N. J.
,
Clerk
Voted
states
—
that
The
the
District
issuance
$12,500 construction
bonds
approved by the voters at a
cent
<
of
was
re¬
election, the count being 157
to 58.
:
J Pater son f
i
N. J.
■*■■■!
Bond Offering-—Sealed bids will
be received until 11:15 a.m, on
■•
March
27, by Esther R. Marks,
Acting Clerk of the Board of Fi4
;• nance, for the purchase of $310,000
coupon
ing of
•
registered refund-
or
1947
bonds.
Interest
rate
is not to exceed 6%, payable M-S.
Denomination v $1,000.
.
$ Dated
March
1, 1947.
$30,000
1957
be
to
in
Due on March 1;
1956, and $40,000 in
in
1963.
Rate
of
interest to
:
all
of
the
bonds.
interest payable
Principal
and
at the First Na-
J tional Bank, Paterson, or at the
Bankers
Trust
Co., New York
City. No proposal will be con.
\ sidered which specifies a rate
higher than the lowest rate stated
in
legally
any
posal.
acceptable
proposal must
Each
the-amount
pro--
state
bid
for
the
bonds,
which shall be not less than $310,000 nor more than
$311,000. As
-
betweenlegally
acceptable
pro¬
posals specifying the
same rate of
bonds- will be sold
interest, -the
/to th^ bidder complying with the
terms of sale and offering to ac-
;
Trust
Co.;
the
Jersey State and
000.
Bond
Valley, N.
Y.
by
Harbison, Village attor¬
that sealed bids will be re¬
ney,
ceived
until
March
21, for the
$20,000 highway
machinery bonds that were orig¬
purchase
of
the
inally scheduled for sale on March
7, the offering of which was ad¬
journed.
Interest rate is not to
exceed
5%, payable M-S.
1948 to 1952, inclusive.
New York
City Housing Authority,
Note
Offering—It
H.
stated by
Executive
is
Tretter,
Director, that sealed bids will be
received
until
by the Above Authority
(EST), on March 19,
purchase of $13,285,000
temporary loan notes (Issue
XXIII). Dated April 17, 1947. Due
for
Oct. 16,
1947.
000
awarded
Lincoln
Feb.
on
National
Bank
in the bidding was another
Syracuse bank, offering on 2%
and 2.70% bonds.
Tilney & Co.,
entered a bid bf 100,006 Jot 2.70s;
up 4
Scottsville, N. Y.
Bond Offering—K. Monica Kel¬
ly, Village Clerk, will receive
sealed bids until 2 p.m. (EST)
March 20,
for the purchase
tered
water
bonds,
coupon
on
of
regis¬
or
not
exceeding 5%
1, 1947. De¬
nomination $1,000 and $500. These
bonds are due July 1, as follows:
$1,000 in 1948 and 1949, and $1,500
interest.
Dated
Jan.
in 1950 and 1961.
Bidders to
name
the rate of interest in
i/4
1/10 of
*or
multiple of
Principal and
1%.
interest payable at the main
fice
of
the .Union
Trust
Rochester.
eral
These bonds
obligations.
The
of¬
Co.,
gen-i
are
approxi¬
mate time when the bonds will be
amount of
delivered to the purchaser is April
1, 1947, and delivery will be made
bonds, the bonds to be
accepted being those first matur¬
ing,, and if two or more bidders
the
at
Village Treasurer's
office
or
at
amount, then to the bidder offer¬
ing to pay therefor the highest
as
may
price.;
Village Treasurer. The approving
opinion of Reed, Hoyt & Wash¬
burn, of New York City, that the
offer
*
pay
to
accept
The
terest
the
on
will
must
equal
bonds
of payment
chase price.
.
least
same
purchaser
amount
an
the date
,
the
also
to the in¬
accrued
to
of the pur^
The successful bidder
be furnished with
the
opin*
-'ion
of i Hawkins, V Delafield
&
•Wood, of /New York, that the
bonds
legally bindof the City. En¬
ing obligations
close
certified check for $6,200,
a
'
payable to the City.
Point
Bond
■
Sale
—
1241
:p.
as
basis
a
on
March 6—v. 165,
awarded
to
were
l3As, at
1,
to
bidder
price of 100.078,
a
about
1.715%.
1947.
These bonds
1948
-
—
of
March
•
$22,000 series
Schmidt, Poole & Co., of Philadel¬
phia,
.v
The
are
1953.
was
Denom.
due
The
Dated
$1,000.
March
next
1, in
highest
Boland, Saffin & Co.,
for 1.80s, at a price of 100.054.
Watchung School District, N. J.
Bond Sale—The
other
time
and
place
be specified by the
with
the
valid
are
consent
pur¬
the
of
and
binding ob¬
ligations of the Village, will be
furnished the purchaser.
A cer¬
tified
the
check
for
$400,
payable to
Village Clerk, is required.
rTarrytown, N, Y.
Bond Sale—The
following bonds
totaling $195,000, offered for sale
March
Co.,
10—v.
awarded
were
A, capital improvement bonds of-
Vfered for sale
-
bonds
on
Pleasant, N. J.
such
chaser
valid and
are
'
and
to
Minsch,
165,
H.
p.
L.
Allen
MonelL'&
as
basis of about 2.068%.
1,
1947.
bonds
Denom.
are
^1948 to
Dated Jan.
$1,000.
These
due $4,000 from Jan. 1,
1977.
in 1948 to
was B. J. Van Ingen &
Co.,
2.15s, at a price of 100.189.
Second best bid
third
Due April
was
highest
100.40
for
be
an
merce
Union
was
offer by
a
bid of
1 y> %
Bank
of
Nashville,
Sherwood & Co., jointly.
<Triborough
Bridge and Tunnel
Authority, N. Y.
Bond Bill Killed—On
.
the rate of
The
of
bonds
or
are
gen¬
obligations. Principal and in-i
payable at the Hayes Na¬
delivered
1,
to
1947,
the
purchaser
is
the delivery
will be made at the office of the
and
District Treasurer
time
fied
and
by
consent
place
the
or
as
at such other
be speci¬
with the
may
purchaser
of the
March 5,
Assembly killed the bill that
Offering—W.
will be furnished
bidder.'
the
suc¬
A; certified check
for
$400, payable to the District,
required.
is
NORTH CAROLINA
Fuquay Springs, N. C.
Offering—W. E. Easter-
Bond
ling, Secretary of the Local Gov¬
ernment Commission j will receive
sealed bids until 11 a.m. on March
his office in Raleigh, for
the purchase of $14,000 water and
sewer bonds, to bear not exceed¬
ing 6% interest. Dated April 1,
18,
E.
Easter-
*
•
priOe '
of
101.11.
Commission, will receive
bids until
11
(EST),
a.m.
Bond Offering—Sealed bids will;
received until noon on March 5
be
24, by Robert Hamet, City Clerk, i
000 electric light system coupon for the
purchase of $100,000 elee-ci
bonds/ to bear;not exceeding 6% j trie light -and power
mortgaged
interest/Dated March 1, 1947. De-t revenue
bonds, Second Series. In-«
nomination j $1,000. iThese bonds;
terest rate is not to exceed 2%; i
are due March 1, as follows:
$8,-1 payable M-S. Denomination al,-t
000 in 1950 and 1951, $12,000 in
000.
Dated March
1, 1947. Due c
1952 and 1953, $16,000 in 1954 and
$5,000 on March and Sept. 1,1950
1955, $17,000 in 1956, $18,000 in to 1959. The bonds
may at the op¬
1957, and $20,000 in 1958 to 1972. j tion of the
City be called in in¬
Principal and interest payable in verse order on March
1, 1955, or
New York City.
General obliga¬ on
any
interest
paying
date
tions; delivery at place of pur¬ thereafter, at par and accrued in- *
chaser's choice.
Bidders are re¬
terest/ by resolution of the Couq-i /
quested to name the rate of in¬ c'il and
by giving notice as pro¬
terest in multiples of xk of 1 %\
vided uh; the ordinance. Bidders
The approving opinion of Reed,
may Submit bids on the bonds
Hoyt & Washburn, of New York/ based on their
bearing a different
City, will be furnished the -pur?) rate of interest than the
rate;,
chaser. A certified check for$8,-r herein stated, provided that if a
140, payable to the State Treas¬ fractional interest rate is
bid, said "
urer; is required.
fraction ; shall
be
any
decimal
.
.
New
Hanover
County (P.
fractional
O.
be
Wilmington),< N.' C,
sold
rate.
to
The
bonds
shall
.
highest and best i
the
bidder.
Principal
and
interest
payable at the office of the legal
depositary of the City, The approving opinion of Peck, Shaffer
for consideration
by the voters
& Williams, of Cincinnati, 'as to
at
an
election
scheduled
for
the legality of the bonds will be
March 18.
'
furnished the purchaser by and
at the expense of the City. • EnNewton, N. C.
Bonds Voted—The City Clerk close a certified check for 3% of
states that at the election held on the amount of the bid, payable to
March 11, the voters approved the the City Clerk.
Bond Election—The issuance of
$100,000
County Tuberculosis
Hospital bonds will be submitted
issuance of the $500,000 civic im¬
Caniden Township (PI O. Rl 9.
No. 2, Oberlin)i Ohio
Price * Paid~ The T
•
NORTH
•
•
"
provement bonds.
DAKOTA
Clerk
at
1947.
March 1, and Sept. 1,
1957, inclusive. The
highest /bidder Vvas *Fox,
Reusch & Co., for ' 2s, at' a
on
from 1948 to
riext
March 18, at his riff ice in Ra?
leigh, for the purchase of $407,-
District Treasurer.
approving opinion of Reed,
Hoyt & Washburn, of New York
City, that the bonds are valid and
binding obligations of the Dis¬
cessful
City j
ling, Secretary of the Local Gov¬
The
states that
now
own ship,
$10,600 fire,
Galeshurg' School* District (P* O* department ;bonds sold-to/5lyan»4
Sutherland
Galesburg ),N .Dak.
*
165,
v.
&
Co.,
of -Toledo—
,
1369-~were purchased
gymnasium by jthe said 'iirm«as * l%s, **at
Voted—The issuance
Bonds
Denomination
of
$1,000. These $36,000
auditorium bonds are due April 1, as fol¬ construction bonds was ratified
by
lows: $1,000 in 1950 to 1957, $2,- the voters at a ■? recent election
p.,
;
price of 100.225, a basis of about
Due $2,000 from Nov. 1*
1.435%.
1958, and $1,000 in 1959 to by a margin* of nearly three to 1948 jio 1952, inclusive. Interest ■
payable M-N.
Principal and interest pay¬ one..
able in New York City.
'x'".General ufr
■CridersvilU, Ohio
'V v
Grand "Forks 'V Indep.
Sch. ^Dist.
obligations; delivery on or about
Bond ' Sale Details-lThe r $7,00d
(P. O. Grand Forks), N. Dak.
April 8, 1947, at place of pur¬
fire
fighting equipment bonds?;
chaser's choice.
Bidders are re¬
1 Bond Sale—The ' $650,000 cou¬
awarded ' to the Home ' Bahk of
quested to name the interest rate pon building bonds offered for
Cridersville,
at
a
price
of4
or rates, in multiples of *A4 bf 1
%i sale on March 12—v. 165, p. 1114
The; approving opinion, of Mass- -4-were awarded jointly. " to : the 102.028-^. 156^1369—were-sol^/7
as 3s, at a price of 2.382%.
lich
&
Mitchell, of New York First National Bank of Chicago,
City, will be furnished the pur¬ Milwaukee Co., of Milwaukee, and
Delaware, Ohio
chaser. A certified check for $280, the First National Bank of Grand
Bond Offering—Sealed bids will
payable to the State "Treasurerj Forks, as 1.60s, at a price of
be received until noon, (EST), on
is required.
100.6273, a basis of about 1.52%. March
26, by Robert E. King, City
Dated March 1, 1947. Due from
Greenville, N. C.
Auditor, for the purchase of $100,Bond Sale—The following bonds March 1, 1948 to 1967, inclusive.
000 2% water works improvement
payable
M-S.
Second
totaling $800,000, offered for sale Interest
bonds. Denoinination'$1,006. '
on
March 11—v. 165, pr 1369— best bid was an offer of 100.27
Dated April 1, 1947.
Due $5,0QO
for $560,000 as 1.60s, and $90,000
were awarded to a syndicate com¬
from Oct. 1, 1948 to .1967;. -The
as
1.70s, submitted by the First
posed of the Chase National Bank,
bonds will be Callable in whole
B. J. Van Ingen & Co., both of National Bank, Minneapolis, and
or
in
000 in
1962.
,
v
''
New
&
York,
and McDaniel
Lewis
part
associates.
order,
Co., of Greensboro, at a price
100.03, a; net interest cost of
of
terest
OHIO
$400,000 water bonds, taking $36,000 maturing $6,000 March
1,
1950 to 1955, as 3s, $154,000
maturing March 1, $6,000 in
1956 to 1960, $10,000 in
1961,
:• $12,000 in 1962 and
1963, $15,-
Election
$700,000
hospital
submitted
primary
of
rate
will
be
14
bonds
the
voters
to
be
at
the
on1
held
Beach City, Ohio
Dated
March
$l,t)00.
bidder
was
1,11947.. Denom¬
The
next, highest
group headed
by
a
Goldman, Sachs & Co., at
price
a
of par, a net interest cost of about
i
Bonds Offered for Investment—
The
.
above
Bond
Offering—D. W. Benson,
Village Clerk, will receive sealed
purchasers
reoffered
the
bonds for, public
tion at prices to
subscrip¬
yield from 1.00%
for
the
1950
maturity
for
the
1977
to
and
priced at 99 y2. for the 1981 to
1980
to
2.25%
maturities,
/.
of interest
1%.
of
.
in
a
any in¬
thereafter.
or
different
a
multiple of
The. bonds will
,
be
sold to the highest bidder for not
less
than the
accrued
face
value
interest.
thereof
The
pro¬
;
said bonds have been taken under
the ^ supervision of
Squire,/ San¬
noon on March 29 for J
the purchase of $25,000 3% village, ders & Dempsey, of Cleveland,
hall and fire station bonds. Dated whose approving
opinion, together
bids until
Jan. 1, 1947.
Due
to
Denomination $1,000.
$1,000 on Jan. 1 from 1948
1972
inclusive.
Bidder may
name
1 %.
a
1 Interest
check
with
the
printed bonds i wdll' be
at the
available
City.
different rate of interest,
a
expressed in
;
Enclose
a
Fremont, Ohio
$700,000
sewage/plant
sale
awarded
to
1.39%.
v
Denom.
for
IV2S,
a
at
'March
$500.
These
;1,
bonds
an
May 6.r '?:4;
•".
election will be held
on
March
18 to have the voters
pass on the
issuance of $188,000 site
purchase
1947.
are
on
to,/
primary elebtiori
Bond Election—It is stated
that
100.59, acbasis of about
Dated
iraprbve-
Hebron), Ohio
&
as
.jf
Hebron Local Sch.t Dist.\
(P.O.
1115—
A.-White
J.
Co.,,: of Cincinnati,
price of
to be held
$10,000 muni¬
March 5—v*< 165, p.
on
were
the voters; at the
bonds offered
6i,iy;-J.t-V
';
ment bonds will be
submitted
Bettsville, Ohio
Sale—The
'
Bond Election—The issuance of
'
building
certified;; chpek:.
of. for $1,000, payable to thq
certified
for
Bond
of" the
expense
multiple of
J - J. '9 A;
$250, payable to order
of the village, is required. These
bonds were authorized at the Nov.,
1946, general election.
cipal
2.215%.
numerical
plus /accrued/ in¬
ceedings looking to the issuance of
$210,000
ination
inverse
Oct. 1, 1957
payment date
and
May 6.
000 in 1964 to
1969, as 2s, and
maturing
$15,000
March 1, 1970 to 1983, as 2y2s.
Interest payable M-S.
400,000 electric light bonds, tak¬
ing $70,000 maturing March
1, $6,000 in 1950, $10,000 in
1951, $11,000 in 1952, $14,000
in 1953 and 1954, $15,000 in
1955, as 3s, $210,000 matur¬
ing $15,000 March 1, 1956 to
1969,. as 2s, and $120,000 maturing. $15,000 /March/1, 4,970
to 1977, as 2y4S. Interest payfable M-S.
to
election
issue
An
—
in
par
Bidders, may bid for
Alliance, Ohio
Bond
•
at
on
terest
about 42,185%:
1,
bonds, tendered
by C. F. Childs & Co., the Com¬
the
1%.
name
multiple
a
terest
1967.
40,000 street improvement bonds.
Due April 1, 1948 to 1957.
j
Dated April 1, 1947. Denomina-tion $1,000. Interest
payable A-O.
and
in
of
tional Bank, Clinton. The approx¬
imate time when the bonds will
about 1.365%:
The next highest
bidder
for
eral
$63,000 public improvement bonds.
Due April 1, in 1948 to 1952.
36,000 water bonds. Due April 1,
while
p. 1241—were awarded
Haupt & Co., of New York,
2.10s, at a price of 100.379, a
Bidders to
1/10
Co.;
Tilney & Co., of 100.414 for iy2s,
165,
1967.
interest
&
$120,000 school
bonds offered for sale on March
to Ira
bonds, not exceeding 5% in-r
terest.
Dated April 1, 1947.
De¬
nomination $1,000.
These bonds
are
due $1,000 April
1, 1948 to
both of New York, jointly, as 1.40s,
at a price of 100.186, a basis of
f in 1948 to 1967.
56,000 sewer bonds.
register¬
coupon or
ed
1368—
6—v.
>
March 18, for the purchase of
Trust
&
Co., of Syracuse, as noted here—
165, p. 1242—were purchased
by the said bank at par. Runner-
cept for the amount bid- the least
-
District Clerk, will receive
sealed ; bids until 11 a.m. (EST)
v.
$20,000
(
Monday, March 17, 194/
Principal and in-" due $500
New Bern, N. C.
Bond
sealed
Bond Offering—Walter F. Free¬
the
to
21
1983 maturities.
terest payable in New York
on
man,
trict,
Salina, Lyncourt Fire District J
(P. O. Salina ),N.Y.
Price Paid—It is now reported
that the; bonds aggregating $17,4
Whitestown
(P. O. Westmoreland), N. Y,
noon
the
and
Central School District No^il
April
New York
{
■■
Maxwell
Due in
Au¬
a
ernment
Westmoreland
$20,000 school
Offering—It is stated
Robert J.
-
Columbus Circle for lease to thb
Madison Square Garden Corpora¬
tion.
on
Cherry
the
J $20,006,000
and exposition hall at
sports arena
mu¬
nicipal bonds aggregating $l,123.r
have 'authorized
thority ' to f build
purchase of 36
multiples
of Vs or l/20th
of 1%, and must be the same for
'
Jersey Mu¬
Bankers
for
lots of New
on
'
18
3
all bids.
or
York
agent, will receive bids in writ¬
ing, or by telegram or teletype,
at its office, 16 Wall Street, New
York City, until 11 a.m. (EST) on
to
date of delivery,
(e) Legal opinions of recognized
municipal bond attorneys will be
New
on
nicipals—The
would
g;-:
as
the
v
Bids
Asks
notified by that time.
YORK
Trust Co., New
v
I
and construction bonds.
-
.
Volume
«■
Hubbard, Ohio
*
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4577
165
Village Clerk, will receive sealed
bids until nopn (EST) on April 7
Election
Bond
The next highest bidder was
An
—
construction bonds will
to the voters at the
Street * improvement
assessment primary^ election to be held in
bonds.
Dated May 1, 1947.
De¬ May.- These bonds failed to carry
nomination $430.
Due on May 1 at the election held on Sept. 25,
in¬
Bidder
from 1948 to 1952
and Nov.
1
clusive.
Interest
may namp
,
M-N.
.;
t
^
V
Bonds
quired.
voters
issuance
the
stadium bonds.
Exempted Village
School District, Ohio
Mariemont
elec¬
\
—
The
Clerk
City
states that the $106,000
now
tric
—
v
27, by Edward J. Reinman, Clerk
of the Board of Education, for the
of $150,000 3% school
Denomination
$3,000.
Dated June 1, 1947.
Due $3,000
purchase
able
Ion
May and Nov. 1, in 1948 to
1972, inclusive. Bidders may spe*
cify t a different rate of interest,
in a multiple of lk of 1%. No bid
is
be
to
than
Bids
payable to the Board
of Education, must accompany the
bid.
Clerk of
fire
—
'Bank,
2s, at
as
basis
Due $400 on March
and Sept. 1, in 1948 to 1952, in¬
clusive.
Interest
payable
M-S
Reusch
Co., offering 100.275 for 3s.
Runner-up
School
Niles
&
Fox,
was
District, Ohio
Bond Election—An issue of
election
Education,
will receive sealed bids until noon
for the purchase of
March 29
on
$414,000 3% school bonds. Dated
April 1, 1947. Denomination $1,000.V These bonds are due Dec. 1,
follows: $21,000 in 1948 to
as
1961,
in 1962 to 1967. Bid¬
bid for a different rUte
and $20,000
ders may
34" of
of interest in a .multiple of
,
and interest pay¬
Principal
1%.
able at the Rittman Savings
Bank,
approving opinion
The
Rittman.
Squire, Sanders &Dempsey, Of
of
will be furnished the
Cleveland,
Education.
of
Board
the
of
payable
certified check for $4,500,
Education, is
to the Board of
*
quired.~
,
"
A
re-
bids will
(EST), on
be received until noon
Denominations
$1,000
and
$500.
Due on Oct.
April 1,1947.
!
in ,1949,, $500
,
and
Bidders
rate
1950, $1,000
in
$500 in
may
in
a
a
different
multiple
of
44 of 1%. .No bid is to be for less
than
and
par
accrued
interest.
Principal and interest (A-O)
able
Bank,
check
Boise City,
at
the
Oak
,for
Ada
—
Phillips,
sealed
'March 17/,
the purchase of $25,000 4own *
Town
for
will receive
Clerk,
until
bids
2
p.m.
on
bonds/These
hall and fire station
bonds
were
in 1952 to
1959. These
voted at the election
A certified check
Feb. 25.
on
in
$4,000
and
1958,
bonds
held
due $3,000
are
for 2 %
of the amount bid,, is "re-;
quired; ■
^
-
- •
- "
Marlow, Okla.
Sale—The
Bond
works
system
water
offered for
$40,000
bonds
on
—were
awarded to the First Na¬
of Okla¬
The next highest bid¬
the Small-Milburn Co.,
was
and R. J.
Oak
Harbor
Harbor.
$100,
A
pay¬
State
the
Village, must accompany-the bid.
interest,
',7
on
$25,500 municipal airport con¬
struction bonds will be submitted
:
—
The
County
p.
Bonds
.-following
•
$7,000 in 1951
$3,000 in 1972.
*
to
1971, and
Bond
interest
cost
of
pon
1.83%.
$4,000 ih^ 1950 ' to
;$6,000 in 1972; -
Due
1971, and
-
the
at
election
single
in a
received
bids
Sealed
until
8
p.m.'.
1, 1948 to 1970. The bonds will be
general obligations of the Borough,
payable from ad valorem taxes.
Principal and interest payable at
the
Borough Treasurer's office.
These bonds
-
authorized by an
are
\
\
Offering
be
—
Alpena, S. Dak.
Bond
Sealed
until
received
2
\
•
•
(P. O. Ebens-
burg), Pa.
.
•;
J.
Offering—Allen
bids
ham,
Town
Clerk,
p.m.
both
sealed
and
will
receive
bids
oral
»
Brigat
7
(EST), on April
1, by Elmer p.m. on March 28, for the pur¬
Davis, County Controller, for the chase of $3,000 water system cou¬
purchase of $368,000 coupon re¬ pon bonds, to bear not exceedfunding r bonds.
Denom.
$1,000. ihg 4% interest. Dated April 1,
Dated May 1, 1947. Due $92,000 1947.
Denomination $250.
These
from
1, 1949 to 1952, incl. bonds are due $250 from April lj
to name the rate of 1948 to 1959.
Principal and in¬
multiples of Ys of 1%. terest (A-O) payable at any suit¬
No bid combining two different able bank or trust company des¬
rates of interest will be accepted. ignated by the successful bidder:
Registered as to principal only. The Town- will furnish executed
These bonds are being issued sub¬ bonds without cost to the pur¬
May
Bidders
are
interest in
ject
of the Commonwealth.
12—v.
a
man
The bonds
bidder
sible
Sale—The
offered for
165,
p.
Cure, Biddle
,
No
Pa.
$450,000
cou¬
sale
on
March
1243—were awarded
of New
& Co.,
for
to
less
interest
than
par
for
less
or
of the bonds will be
ac¬
resolution
Passed
referendum in
wide
—
A;
providing for a State¬
1948
on
the
question of a veterans' bonus pro¬
gram
has been approved by the
legislature. The proposal provides
cepted. The purchaser will receive for a constitutional amendment
without
charge the opinion of
empowering the State to incur in¬
Burgwin, Churchill & Ruffin, of
debtedness up to $30,000,000 for
Pittsburgh,; that the bonds are
the bonus.
valid,, general
em
taxes
levied
real property
without
and Rambo,
amount.
•
obligations of the
Watertown, S.
Borough, payable from ad valor¬
Mon-
York,
bid
accrued
than all
syndicate composed of Leh¬
Bros.,
fairs.
subject
Resolution
Bond
will be sold to the highest respon¬
and
refunding and improvement
bonds
to
) 94,000 hospital bonds, at a net
^
a
approval
Voted,— An
issue of of the authorizing proceedings by
the Department of Internal Af¬
construction bonds was
Altoona,
1370—were awarded to the
$150,000 hospital bonds, at a net
'interest cost of 1.81%;
Due
;
District
PENNSYLVANIA
Security Bank, of Ponca City:
.-L
<
_
amounting to $244,000 and
offered for sale on March 10—v.
165,
of prin¬
County School
consideration at $125,000
election to be held March 18. ' favorably voted
held on Feb., 18.
Ponca City, Okla.
Sale
instalments
total
Noi 20 XP. O. McMinnville),
'•«
/'•.
Oregon
bonds
M
combined
the
Interest
Jan.
from
Due
to the voters for
Bond
of $100,000
Dated Jan. 1,
1, 1950 to
Denom. $1,000.
Yamhill
>
,
of
an
name
be
—
(EST), on March 24, by Richard
Pile, Borough Secretary, for the
purchase of $184,000 2% coupon
water works bonds. Denom. $1,000.
* Dated April 1, 1947. Interest pay¬
able A-O. Due $8,000 from April
1,
expressed
Offering
,
The issuance
—
will
$1,000.
Bidder to
of
Pa.
Somerset,
Bond
1947. De¬
Due $40,000
April 1 from 1948 to 1962 in¬
rate
date called.
on
"
to the favorable opinion of chaser.
Townsend, Elliott & Munson, of
Brookings, S. Dak.
Philadelphia, and will be deliv¬
respective preceding July 1, will
ered to the purchaser only if and ! Bonds
Voted
An : issue ; of
be &s nearly equal as may be, a
after the proceedings authorizing $250,000
electric -plant revenue
variation of so much as $1,500 be¬
the
issuance
thereof have been bonds was favorably voted at the
ing inconsequential. This issue of
election held on Feb. 20.c ?
'
bonds
is subject to redemption approved by the Department of
Internal Affairs. A certified checjt
prior; to maturity on any ihterest
Elk Point, S. Dak.'
for 2% of the face amount of the
date on or after Jan. 1, 1951, in
Bond Sale Details
The City
payable to the County
the inverse order of maturity less bonds,
now
must accompany the Auditor
reports
that
the
than the whole of a single maturi¬ Treasurer,
bid.
$107,000
electric plant revenue
ty to be selected by lot, as fol¬
bonds sold tovO. D. Hansen, of
lows:; On or prior to July 1, 1957
North Belle Vernon
(P. O.
Elk Point, as 2s, at par—v. 165, p.
at : 103, -and; reducing
Belle Vernon), Pa.
annually
>
1243—are due as follows: $5,000
thereafter Vr- of 1% until July 1,
/ Bond
Offering — Sealed bids in 1948 to 1952,
$8,000 in 1953 to >
1962, thereafter at par. No bid for will be received until 7 ; p.m.
1961, and $10,000 in 1962.
The
less than 98.00 will be considered.
(EST), on March 25, by Leo H. city wilLhave the option of pay/
Principal and interest payable at Hixenbaugh, Borough Secretary,
ing, after 5 years from date of is¬
the First National Bank of Port-,
for the purchase of $65,000 coupon
sue, unmatured bonds in a sum of
land. These bonds are part of the
street improvement bonds. Denom.
not to exceed $10,000 each year,
$275,000 issue authorized at the
$1,000. Dated April 1, 1947. Due at any ihterest paying date. /
general election on Nov. 5, 1946.
$5,000 from April 1, 1949 to 1961,
Bidders may not name more than
incl. Registerable as to principal
Mitchell, S. Dak.
three different rates of interest.
only. Each bid shall specify in a
Bond Election
An issue of
The approving opinion of Gus J.
multiple of % of 1%, a single rate
Salomon, of Portland, will be fur¬ of interest which the bonds are to $350,000 water system bonds will
nished; Enclose a certified check
bear.
The principal and interest be submitted to the voters at the
for 3%, payable to the above Se¬
are payable without deduction for
special election to be held on
cretary/;.';:-!:;;:
v;v?;;:. ' .:; ~' 1 any taxes (except gift, succession
March 25.
"
.These are the bonds offered on
V;
or inheritance taxes), levied pur¬
Feb. 1, and not sold.
suant to any present or future law
South Dakota (State of)
•
certified
payable v to
Election
ceases
.
V
Edwards, Inc., jointly.
Medford, Okla.
Bond
Bank,
Philadelphia,
the
fiscal agent of the City. Interest
—
March-10—v. 165, p. 1243
sale
April
Na¬
tional
—
Okla.
Offering
-
in
1957.
1952 to
specify
interest
of
election
the
at
(EST)
purchase of
improvement
Philadelphia
—
March 4.
"Bond
1, as follows: $500 in 1948, $1,000
1951,
19, for the pur¬
Approved
1954.
held „on
■
of
$6)000 2% fire apparatus bonds.
Clerk, "for the purchase
Dated
sealed
receive
will
Clerk,
24, by August Ohm, Vil¬
March
lage
Offering—(X R. Coombs,
$5,000: water works sys¬
tem improvement
bonds.
These
bonds are due $1,000 in 1950 to
der
Bond Offering—Sealed
p.m.
cipal and interest becoming due
Jan. 1, of each of said years plus
the interest becoming due on the
homa City.
Rocky Ridge, Ohio
:
J-J.
Arnett, Okla.
Bond
L.
receive
a.m.
for the
Dated
nomination
Bond
4%, payable
1967, in such annual
tional Bank & Trust Co.,
'
8
bonds.
revenue
rate is not to exceed
that
the expense
at
bidder
successful
bonds.
will
bids
Sealed
—
until
received
be
electric
chase of
D. Reffert,
Offering —E.
Bond
Offering
for the purchase
ors,
OKLAHOMA
bids until March
Ohio
Clerk of the Board of
will
by the
Denom. $1,200.
Dated April 1, 1947.
Due $1,200
from Oct. 1, .1948 to 1957, incl.
bonds
City
School District,
Central Lincoln
Audi¬ March 28, by Leslie U. Gilbert,
parking Secretary of the Board of Direct¬
City Trust Fund.
in
Village
Exempted
Rittman
stated
1947.
held
be
to
Bond
$12,000 street
will be purchased
$1,-
May.
25
Cambria
Lincoln County,
Ohio
that
300,000 construction bonds will be
submitted to
the voters at the
primary
18.
by Elsie A. Williams, City
tor,
will
the
at
accrued
and
par
interest
Feb. 10.
on
Peoples Utility Disrict (P. O.
Newport), Ore.
Report—It is
Sale
Bond
Dated
1.19%.
about
of
March 1, 1947.
Feb.
of^April 7.
Wposter,
City,
•
for
17, has been postponed.
These bonds will probably be
reoffered as
'■'/
funded and cancelled.
..
the offering
scheduled
been
had
$40,-
Bertram
—
Clerk,
coupon
March
price of 102.631,
a
Jr.,
of Education,
error,
an
$60,000 4% building bonds,
which
Millersport, Ohio
Sale
The
$4,000
Local
Smith,
T.
James
the Board
that due to
of the
equipment bonds offered for sale
on
March
11—v./165, p. 1242—
were
awarded to the Millersport
a
by
which
of
multiple of Vsth of 1 %. Bonds act of the Assembly approved
are
registerable as to principal June 25, 1941, Public Law 159
Clackamas County Sch. Dist.
only. A certified check for 2% Pennsylvania. Legal opinion will
No. 86 (P. O. Canby), Ore.
of the bonds bid for, payable to
be
furnished
by the purchaser.
Jefferson County, Culver Sch. Dist. order of the
City Treasurer, is Enclose
a
certified
check
for
required.
Bonds will be issued
(P. O. Madras), Ore.
$3,680.
7
subject to favorable legal opinion
f>
v'
i'
(
' V V''
'
Bonds Voted—An issue of $41,of Townsend,
Elliott & Munson
735 construction bonds was favorSOUTH DAKOTA
of Philadelphia.
ably voted at the election held on
tilts-*.
\
'*
-*
.'.Y'.y v
the election held
Offering Postponed—It is
stated
March
clusive.
Willoughby), Ohio
Bond
City
sealed bids until 10:30
carried at
000 construction bonds
(P. O.
School District
Nagle,
on
Ore.
Bonds Voted—An issue of
April 1.
Township
jyj/oog'fcfcy
:-y
part of an au¬
$5,000,000 of
$4,126,000 have been re¬
issue
1370—
p.
Bethlehem, Pa.
$600,000
Estacada High
'Sch. Dist. (P. O. Estacada),
of
issue
An
—
election to be held on
may
tified check,
-■'"
v,*:' '
.•"•
Clackamas County,
$40,000 construction bonds will be
submitted
to* the
voters at the
par
made upon all or any
bonds of this issue. A $1,500 cer¬
Bond
Election
Bond
following
May 16:
City, $874,000,
thorized
awarded to Blair & Co.,
Bond Offering
on
(P. O. Millersport), Ohio
•
of
of
Inc.,
as
l%s, .at a price of 100.429, a
basis of about 1.59%. Dated April
I, 1947. Due on April 1, in 1949
to 1971, inclusive.
Interest pay¬
able A-O. Runner-up in the bid¬
ding was Dolphin & Co., offering
100.40 for 1%% bonds.
Walnut Township School Distritt
and
be
number; of
less
for
interest.
accrued
•/"V'-,'
were
OREGON
bonds.
offer
an
Called—The
.
.
City, is required.-
the
to
was
by Singer, Deane & Scribner, E.
H. Rollins & Sons, Graham, Par¬
sons
& Co., and Yarnall & Co.,
jointly.
\
elec¬
light extension bonds sold
Bond
Election
An
issue of City Auditor, will receive sealed jointly to the Small-Milburn Co.,
bids until noon on March 29, for
and C. Edgar Honnold, both of
$72,000 school purchase bonds will
the purchase of $11,000 3% auto¬
be submitted to the voters at the
Oklahoma
City, for $65,000 as
matic traffic signal bonds. Dated
election to be held on April 29.
l%s, and $41,000 as 2s, as noted
Jan. 1, 1947. Denomination- $500.
here—v. ,165, p. 1243—were pur¬
Milter City-New Cleveland Local
These bonds are due $500 March
chased at a price of 100.117, a net
School District (P. O.
and Sept. 1, 1948 to 1958. Bidders
interest cost of about 1.88%. Due
.r
Miller City), Ohio
may bid for a different rate of in¬
from July 1, 1949 tn 1969, incl.
Bond Offering—Sealed bids will terest in a multiple of 34 of 1%.
Interest payable J-D.
be received until noon on March A certified check for $150, pay¬
<
bid
165,
Paid
Price
Offering—John A. Jones,
Bond
best
•
city bonds aggregating $1,491,000,
are
being called for payment as
$617,000, part of an au¬
thorized
issue
of
$5,000,000 of
Ambler Sch. Dist. (P. O. Ambler), which $4,383,000 have been re-y
funded and cancelled.
' ';Pa. *^
p.
1243—were purchased by the /
Issue May 16, 1927.
/ Bond Sale—The $70,000 coupon
said bank as IV2S, at par.
Due May
building bonds offered* for sale 16, 1947 to 1977. Said bonds will
Tonkawa, Okla.
on
be redeemed at
March
11—v.
building and
repair bonds sold to the American
National Bank of Pryor—v. ,165,
Wert, Ohio
Van
stated by
the Clerk of the Board of Educa¬
said to have
are
Pryor Creek), Okla.
.
Price Paid—It is. now
proposal calling for
of $450,000 athletic
the
ratified
Philadelphia, Pa.
Bonds
March
100.279 for 1%% bonds, submitted
tion that the $28,000
recenjt
Voted—A^ a
the
tion
a
Second
—
.
Dated
Pryor Creek Sch. Dist. (P. O.
Tr°y> Ohio
different rate of in¬
a.
terest, expressed in a multiple of
of 1%.
A certified check for
1% of the bonds bid for, payable
to order
of the village, >: is re¬
.
and
1.83%
13£s, at a price of
basis of about 1.454%.
as
100.291,
at
15, 1947. Due $45,the $94,000 bonds at a net interest 000 from March 15, 1949 to 1958,
cost of 1.84%.;vV''.V;'!/,'
'! inclusive. Interest payable M-N.
be submitted
1946.
C.) delphia,
$150,000,
for
cost of
net interest
a
$160,000
purchase of $4,300 3V2%
the
Honnold,
Edgar
; " ;j
issue of
O. Lorain),s Ohio
(P-
?
i
•
District
Lake" School
Sheffield
'
.
O'Brien,
J.
Offering—A.
Bond
for
1507
i
■
on
all
within the Borough
limitation
Enclose
a
of
Bond
taxable
rate
or
certified check
issuance
system
to
a
Election
of
—
$87,000
Dak.
The
/
proposed
storm sewer
bonds will be
vote at an election
submitted
scheduled
for April 15, it is reported.
Keen, Close & Kerner, of Phila¬ for $1,300, payable to the Borough.
' ,v
,
#
i' ''
I
>
.1gW
*»
*
;
.
•,
X '.
**
■h
1508
,».
•
THE COMMERCIAL & FINANCIAL CHRONICLE
m 1
and
TENNESSEE
■
i'
in
,»
Gallatin, Tenn,
1960, $1,400
$1,300 in
1959,
1961
and
1962, $1,500 in 1963
and 1964,
$1,600 in 1965 and 1966,
Sale—The $50,000 water
and $1,700 in 1967. Principal and
improvement bonds offered interest (M-N) payable at a place
sale on March 12—v. 165, p.
preferred by the purchaser. Any
Bond
***
"works
to
1243—were awarded to
the Cum¬
berland Securities Corp,,
ville,
of Nash-
l%s, at a price of
as
100.105,
rate
rates
or
of
interest
named
must be in multiples of x/8 of 1 %.
A certified, check for $360, pay¬
about 1.732%.
Dated able to the
District, is required.
1, 1947. Due March 1, 1948
to 1959. The next highest bidder k Harrold, Indep. Sch. Dist., Texas
was the Nashville Securities Co,,
Bond Legality Approved — An
to $36,000 2s, and $14,000 l3,4s, at issue of $100,000 series of 1947,
777,7a price of 100.022.;
77 77'77' school bonds has been approved
as
to legality by Dumas & HuLoudon, Tenn.
These bonds
Bonds Sold—The $64,000 series guenin, of Dallas.
are
dated Jan. 1, 1947.
A, issue of 1945, electric system
revenue refunding bonds offered
La Porte Indep. Sch. Dist. (P. O.
lor sale on May 17, 1946, were
La Porte), Texas
a
basis of
March
awarded
the
to
Cumberland
Se¬
Bonds Votedi—The issuance of
Corp., of Nashville, at a $200,000 construction bonds was
price of 100.043, a net interest cost heavily favored by the voters at a
of about 1.275%, as follows: $13,recent election, it is stated.
€00 maturing June
1, $6,000 in
1950, and $7,000 in 1951, as IV2S,
Liberty Independent Sch. Dist.,
and $51,000 maturing June 1, $7,-y
y'.7;7 Texas
€00 in 1952 to 1956, and $8,000 in
Bonds Purchased—An issue of
1957 and 1958, as l^s. Interest
$300,000 school bonds was pur¬
payable J-D.
i •
chased
recently
by
Milton R.
Underwood &
Co., of Houston,
McKenzie, Tenn.
and Rauscher, Pierce & Co., of
Bond
Offering— Sealed bids
1
»
will be received until 2 p.m.. on Dallas, jointly,
curities
,
,
March
18,
lor the
purchase of $300,000 public
by Mayor Glen King,
Limestone
1,1947. Due in 1949 to 1967. The
approving opinion of Peck, Shafler & Williams, of Cincinnati, will
be furnished.
Election
Bond
Sold
—
mitted
the
the voters at
to
elec¬
Marshall, Texas
Bond Sale—The following
bonds
and of¬
fered for sale on March 12, were
awarded to a syndicate composed
of Crummer & Co., Inc., of Texas,
to
amounting
It is stated that
of
issue
An
tion to be held on March 22,
,
Brownfield, Texas
Bonds
—
Groes-
$800,000 road bonds will be sub¬
;
TEXAS
County (P. O.
beck), Texas
777
Improvement bonds. Dated March
■■m
$1,345,000
$150,000 electric light and power
system revenue bonds were pur¬
chased recently by R. J. Edwards, Rauscher, Pierce & Co., both of
Dallas, Rotan, Mosle & Moreland,
Inc., of San Antonio.
of Houston, and James, Stayart
Center, Texas
6 Davis, of Dallas, at a net in¬
Bonds Voted—An issue Of $50,- terest cost of 2.472%:
street improvement bonds, not
$15,000 street improvement bonds,
exceeding 3% interest, was favor¬
as
2V4S. Due $1,000 April 1,
ably voted at the election held
1948 to 1962.
on
Feb. 25.
50,000 park bonds, as 2Vas. Due
April 1, as follows: $1,000 in
1948 to 1953, $2,000 in 1954
Comfort, Texas
-
Bonds
Voted
—
An
issue
of
$250,000 water and sewer bonds
are
favorably voted at an elec¬
tion held recently..
:
';
7 7'
Crane, Texas
Bond. Sale.Details—The
'
■-
$15,000
3% series of 1946, sanitary sewer
to
and $5,000 in 1966.
7
50,000 public building bonds, as
v
2V4S.
Due April 1, as fol¬
lows: $2,000 in 1948 to 1964,
and $16,000 in 1965.
system bonds purchased recently
by the First of Texas Corp., of
300,000 school
For $93,-
maturing April 1, $7,000
1948, $9,000 in 1949 to 1952,
$11,000 in 1953, $9,000 in 1954
and 1955, $10,000 in 1956, $11,able A-O. ;
000 in 1957, as 2s, and $207,77. - ....
.
000 maturing April 1, $11,000
Donna, Texas
/
in 1958 and 1959, $13,000 in
Bonds Voted!
The
issuance
7 1960 and 1961, $14,000 in 1962,
©f $250,000 water works and sew¬
$10,000 in 1963, $12,000 in
er revenue
bonds was approved
1964, $13,000 in 1965, $14,000
by the voters at a recent election,
77 ' in 1966, $15,000 in
1967, $17,according to report.
000 in 1968, $20,000 in 1969,
Gallatin Indep. Sch. Dist., Texas
77 and $44,000 in 1970, as 2V2S.
Interest payable A-O.
Bond Offering—M. C. Wellborn,
President "of the Board of Trus¬
939,000 water works and sewer
Antonio, at a price of 104.166
—-v. 165; p.,988—mature $1,000 from
Oct. 1, 1947 to 1961. Interest payr
bonds.
000
San
-
1962, $7,000 in 1963 to 1965,
in
v
—
■**'
■■
.
tees, will receive sealed bids
un¬
til 8 p.m. on March 25, for the
purchase of $18,000 school house
bonds, to bear not exceeding 4%
interest.
Dated May 1, 1947.
nominations
These
bonds
De¬
bonds, as 2V2S.
April 1, in 1948 to 1978.
Dated April 1, 1947.
tion $1,000.
$1,000, $500 and $100.
are
due May 1, as
Moore
$400 in 1948 and 1949,
$500 ip 1950 to 1957, $600 4n 1958
The Ame rican Red i
(P.
County
Denomina¬
Dumas),
O.
Texas
JEollows:
<
Due
revenue
Voted
Bonds
—
issue
An
of
$50,000 hospital bonds was favor¬
ably Voted at an election held re¬
cently. ' 7-" 7*.:,7;7
.
jl-'.7.
Richardson, Texas
Carries
Bonds Sold
""
.7
—
It is stated that
the
$60,000 improvement bonds
approved by the voters on March
1, have been purchased by R. H.
Hudson & Co., of Dallas, as 2^s
and 3s.
77'
7,;
.
.
■■}
7
7•
Henrico
lows:
$60,000 in 1951 and 1952, $30,000
in 1953 to 1965, and $25,000 in
1966 and 1967.; Rate of interest
to be in multiples of 74 of 1%.
Principal and interest (A-O) will
County (P. O. Richmond),
Va.
7
7
.
Bond Offering—J. A.
Gates, Di¬
announced
that the County School Board will
pon
i.
to
bids until 2
p.m.
April 2, for the pur¬
$750,000 series A, cou¬
school improvement jbonds
(EST),
chase
sealed
on
of
bear
interest
ing* 6% ..interest.
at
pot
exceed¬
the
on
to
thereof
be
maturity dates
as
provided
fixed
in the preceding paragraph. Pay¬
ment Plan No. 2: Said bonds to
become
due and payable on the
maturity dates thereof to be fixed
as
provided
in
the preceding
paragraph,
provided,
however,
payable at the option of the that the City may at its option call
successful bidder, at the office of all-or any of said
outstanding
the fiscal agent of the County bonds for
redemption on May71;
in Richmond or at a bank desig¬
1957, or on any interest paying
nated
by
the
County
School date thereafter, upon 60 days ad¬
Board in New York.
ing
opinion
The approv¬
Wood,
of
King
&
vance
notice.
Bids will be re¬
ceived for said bonds to be issued
of the
Village and are being is¬
subject to the approving
opinions of the Attorney-General
sued
of
the; State and
Chapman • &
Cutlery of Chicago, which opinions
will be* furnished without cost to
the purchaser; The purchaser
shaljl
furnish the printed bonds at his
own expense. Enclose a certified
check for $2,000, payable to the
Village Treasurer. 7.7,; 7
7;
,
Outagamie County
(P. O. Apple*
;77.7777::ten), Wis. ,,7''*
Bond
Offering—It is stated
by
Dawson, of New York City, will
be furnished without charge to
desig¬
nated payment plans bidders may
John
the successful bidder.
submit bids under
public auction on March 24, at
2 ' p.m.,
a $300,000 issue of 2%
County Home and Sevile Hospital,
The bonds
will be delivered to the purchaser
in Richmond on April 23, 1947.
A certified check for 2% of the
par value of the amount of bonds
bid for, payable to the County,
is required.
7,, ■
•
Winchester, Va.
Bond
Sale—The
$650,000 series
1947, water, sewer and disposal
coupon bonds offered for sale on
of
March
11—v.
awarded to
165,
p. 1244—were
Craigie & Co.,
F. W.
of
under
each
of
the
above
either
or
of said plans bids under each
be
must
Each
shall
both
plan
separate.
bid
is
required to and
(a) the lowest rate
specify
interest
of
and the premium, if
above par, at which the bid¬
der will purchase said bonds or
(b) the lowest rate of interest at
Hantschel,
he
that
will
Series H-5 bonds.
said
the
bidder
bonds
at
will
purchase
Bids for the
par.
entire issue of bonds
bearing one
rate of interest may be submitted;
bids for the bonds bearing dif¬
for
sale
at
Denom. $1,000.
Dated April 1, 1947. Due $30,000
from April 1, 1948 to 1957, incl.
any,
which
County ' Clerk,
offer
;
Bond
school
f
Wausau, Wis.
Sale
bonds
March
—
The
$1,000,000
offered for sale
on
11—v.
165, p. 1116—were
awarded at public auction td a
syndicate composed
of Halsey,
Stuart & Co.,* Paine, Webber,
Jackson
&
Curtis,
and
C.
F*
Childs & Co., all of Chicago, a$
IV2S, at a price of 100.06, a basis
of about 1.495%. Dated March 1,
1947.
Due on March 1, in 1952
to 1966, inclusive.
Interest pay¬
Richmond, and C. F. Cassell &
ferent rates of interest may also
Co., of Charlottesville, jointly, as
be submitted. No bid for less than
l^s, at a price of 100.59, a net
interest
cost 7 of
about
1.435%. par and accrued interest will be
considered. Bids must be for the
Dated March
15, 1947.
Denom.
entire amount of each issue of
$1,000. These bonds are due March
bonds. Principal and interest pay¬
able M-S.
Second- best bid was
15, in 1948 to 1967. The next high¬
able at the City Treasurer's office
est bidders were the First Boston
an
offer of 100.057 for l^s, sub¬
or at the fiscal agency of the State
mitted by the Milwaukee Co., of
Corp., and Alex. Brown & Sons,
in New York City. The bonds will
jointly, for l^s, at a price of 100.Milwaukee, and associates, fol¬
be delivered to the purchaser on
lowed by the joint offer |of the
133, wnile third best offer was a
or before May
10, 1947. Delivery First
bid by Kidder, Peabody & Co., of
National
Bank,
and
the
will be made in Tacoma, unless
100.088 for iy2% bonds.
Northern Trust Co., both of Chi¬
the purchaser shall at the time of
cago, a bid of 100.932 for 1.60s,
The Peoples National Bank of
Charlottesville
also
parts Cipated
purchase of the bonds.
>7
in the
the award
within
or
thereafter
time
delivery
at
Wash.
$130,000
Anacortes,
Sale—The
gen¬
eral
issuance
of
in
these
basis
thorized
by
a
of
price of 100.12,
a
a
0.72%.
Dated Jan.
1,
Denomination $1,000. These
about
1947.
bonds
due Jan.
are
1, as follows:
$13,000 in 1949, $14,000 in 1950
1953, $15,000 in 1954 to 1956,
to
and
$16,000 in 1957. Principal and
interest payable at the City Treas¬
urer's office
of
the
at the fiscal agency
or
in
State
New
accept
place in
which event
CANADA
Canada (Dominion cf)
Bills
Sold—The $75,000,000
completed by the City's signatory
agent at the place of delivery and treasury bills were sold on March
the reasonable expense incident 13, at an average yield of 0.399 %*
to delivery in this manner shall Dated March 14, 1947. These bills
be borne by the purchaser/ The are due June 13, 1947.
obligation bonds offered for
sale on Jan. 21, were awarded to
Foster & Marshall, of Seattle, as
l%s, at
to
other
some
the execution of said bonds will be
WASHINGTON
Bond
reasonable
a
elect
the United States;
York
City.
Legality approved by Preston,
Thorgrimson, Horowitz & Turner,
of Seattle. The next highest bid¬
der Was the State, for l%s, at a
price of 100.00.
at
election
an
bonds
au¬
was
held
for that pur¬
Nov. 5, 1946, which author¬
included approval of an-
pose
ization
ftual.tax levies in excess of statu¬
limitations for payment of
principal and. interest of the
bonds.
The bonds will therefore,
tory
the
unlimited
be
general obligation
bonds backed by the full faith and
credit of the
7
ALBERTA
vote of the people
Vegreville, Alta.
Offered
Bonds
Sealed
bids
received until March 15, by
were
J.
—
•
Fitzallen, Secretary-Treasurer,
for
the purchase of $60,000 4%
J
semi-ann. debentures.
Dated July
Due in 30 equal annual
1, 1947.
instalments, .7., s;
The approving
opinion of Wood, King & Dawson,
City.
BRITISH
New
of New York,
COLUMBIA
:
,
Westminster, B. C.
will be furnished to
Debenture Offering—It is stated
purchaser without cost. En¬
close a certified check for 5%, by Wilfred A. Greene, City Treas¬
payable to the Secretary of the! urer, that tenders are to be in his
Port of Everett (P. O. Everett),
hands at noon on March 31, for
Sinking Fund Board. 7 ;
- :
Wash.
7v 77^7777'
the
purchase of the following
Bond Offering—It is reported
debentures aggregating $500,000:
bids will be
that sealed
until 9
a.m.
on
'
Tacoma,
will
Offering
received
be
WISCONSIN
received
ors, for the purchase of
improvement bonds.
Bond
the
March 20, by the
Secretary of the Board of Direct¬
Bond Election—The issuance of
Sealed
until
Prairie
County (P. O.
du Chien), Wis.
$900,000
Wash.
—
Crawford
$46,915
bids
2
p.m.
(PST), on March 19, by Lyle
Lemley, Secretary of the Sinking
Fund, for the purchase of $1,000,000
general
obligation
Central
Library Building bonds. Interest
rate is not to exceed 4%, payable
M-N. Denom. $1,000.x Dated May
1, 1947. The bonds shall be pay¬
able commencing with the second
and ending with 7 the 20th year
after the date of their issue, in
such amounts (as near as practica¬
ble) as will, together with interest
on all outstanding bonds, be met
by an equal annual tax levy for
the payment of said bonds and in¬
highway
county
bonds
will be submitted to the voters for
consideration at
held
on
.,77777.
^
Bond
Olaf
he
election to be
'
7
QUEBEC
by
Hildahl, Village Clerk, thai
oral
water
both
receive
bids
for
until
the
and
3
sealed
p.m.
purchase
sewer
and
March
$90,000
on
of
Interest
bonds.
rate is not to exceed 2%, payable;
F-A. Denom. $5,000. Dated Feb.;
1, 1947,
Due $5,000 from Feb, 1,;;
Bonds maturing in
1948 to
1965.
1962
1965
to
verse
optional in in¬
are
numerical order
resolution of the Council
bonds have been sold.
Said bonds will become due and
whichever
with
accordance
in
payable
the
of
following
two
plans of payment shall be decided
upon
at
by theSinking Fund Board
the
time
of
considering bids,
and approved by the
at
par
Dated April 1, T:
Said bonds to become due
w
i
"I-
.
which
one
shall
issue, and
of
rate
interest
apply to the entire
bid will be consid¬
no
ered for less than all of the bonds.
All
other
things
being
equal,
preference will be given to the bid
of7par .and
accrued
better, which
coupon
interest,
specifies! the
interest
rate,
or
lowest
Principal
*£.-•
AS
and
-I.X!~ir
Treasurer's office, The bonds will
be
the .direct
.general .obligations
Hubert Parish,
St.
7
Bond
Sale
Que.
The
$20,000 im¬
provement bonds offered for sale
on March 3, were awarded to theBanque Canadienne Nationale of ]
Montreal, as 3s, at a price of 100.- \
10, a basis of about 2.98%. Dated|
Jan. 1, 1947. These bonds are due j
in annual instalments from 1 toj
10 years.; 7' f.7'/,
v ' 7! 7-;
on
City Council and interest payable at the Village
Payment Plan No,
by resolution.
than
more
$135,000 2Vz% hospital facilities.
Due
$27,000 from
1948
to
1952, inclusive.
7
140,000 2 3/4% hospital facilities.
77 Due ' $28,000
from
1953
to
1957, inclusive. <
225,000
3%
hospital facilities.
Due $28,000 in 1958 to 1964*
and $29,000 in 1965.
.Niagara, Wis.
Offering—It is stated
will
25,
an
April 1.
Aug. 1,71947, or on any interest
payment date thereafter. Rate of
terest.
The
definite maturities! interest to be in multiples of Va
and interest rate or rates shall be of 1%, and no bid shall specify
rector of Finance, has
receive
payable
Monday, March 17; 1947
be
after said
7-y
>
Denomination $1,000. These
are
due April 1, as fol¬
$95,000 in 1949 and 1950,
bonds
fixed by
VIRGINIA
'
7
1947.
—?
SASKATCHEWAN
7
'
V <
...
•
.
-
„
•
^
y.
."Saskatchewan (Province of)
Price Paid—It is
now
officially
reported that the $5,000,000 3%
sinking
fund' debentures
pur¬
chased by a group composed of
the Dominion Securities Corpk, of,
Toronto, Wood, Gundy & Co., A.
E. Ames & Co., the Royal Bank of
Canada, and the Canadian Bank
of
Commerce, both of Halifax; as
165, p. 1244—were
noted hererf-v.
awarded to the above purchasers
by the Province at a, price of 97.-
577,
a
basis of about 3.195,%. Dated
1947.: Due on March 1,
March 1,
1963.
Interest
payable MrS,
@FedFRASER