The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
periodical room
general library
Univ.
of
MAR
mich.
2
2.1943
MONDAY
Number 4683
167
Volume
New
General
RAILROAD
Corporation
PUBLIC UTILITY
-
Abraham & Straus, Inc.—Dividend Rate Increased—
-
•.$50,522,522.
was
Wire Co.—New President, Etc.—
:
;
„
•;.;
,
.
■' Herbert B.
Bassett, formerly Vice-President, has been elected Presi¬
succeed Thomas G. Nee, who has been elected to the newly
created offiee of Chairman of the broad. . Brower Hewitt, Treasurer,
has also been elected Vice-President.—V.
159, p. 1965.
/■}
.
on March 3 declared a dividend of 15 cents per share
shares of common stock, payable March 31 to holders
record March 15.
Last year, the following payments were made:
Jan. 3, 12y2 cents; and on Dec. 15, 25 cents.—V. 167, p. 645. V . >
On
.N"
230j.
p.
of
first
Chemical
the
at
delivery
ready fcr
now
,
mortgage
Bank
in
&
bonds,
3%%
series
due
1, 1977, are
exchange for outstanding temporary bonds
Co., New York, N. Y.—V. 167, p. 937.
Trust
Aviation, Inc.- -Seeks to Suspend Some
sustained
These
American
sale
Dividends
The
net
of
securities,
Ud to
p
gain
stock¬
from
oper-
the
in
market
values
Immedi^e
in
has
by
the
totaled
of
31
was
wholly
are
Company
and
vides
parent
total
total
bringing
company,
are
owned
valued
Group
admitted
surplus
to
a
general voluntary
surplus of $4,580,669. •
writings,
assets
of
asset
an
$3,000,000
reserve
the
to
of
surplus
which
f.u~ pension
of
nVkup
it* ni*-m°il
service
to
88
As
filed
with
Civil Aeronautics Board, the company
from the Government is not sufficient.
result, the company said it is losing $12,000 a month.
a
As
that
its
substitute
a
mail
the
pay
the
for
air-mail
mission to operate conventional
84i.
p.
;
air service
■ ■
.■
.
service,
pickup
it
asking
is
per¬
19 communities.—V.
to
The
on
number
Feb.
29
of
by
$2.50
of
5Va%
since Dec.
1
prior
purchase
4,700 shares since
shares
The
preferred
made
1.
Jan.
shares
on
The
preferred
and
of
mic
New
corporation
stock
A
shares
the
totaled
reduced
was
the
ing
to
in
and
10-year
will
Proceeds
be
used
to
income
pay
taxes and
for
work¬
ing capital.—V. 166, p. boo.
is
Offered—Harri-
Ripley & Co., Inc., Estabrook & Co. and associates
March 16 offered $10,000,000 20-year 3Vs% .sinking
on
69,192
York Stock Exchange of
also reported that 23,900
fund debentures at 100 35 and interest.
Dated
to
March
redemption,
1.
1948;
due
at option
March
1968.
1,
of company,
as
whole,
a
in
or
subject
part by lot,
are
on
distrioutors of ophthal¬
manufflcturea and distributes scien¬
voluntary
Declaration
Trust
a
and
under
business
business
the
carried
CAPITALIZATION
laws
of
American
the
a
Series
established
of
purpose
Optical
Massachusetts
of
glasses.
sun
association
for
of
by
on
of
in
Co.,
1869
GIVING
EFFECT
a
as
partnerships
TO
PRESENT
acquir¬
corpora¬
successor
commencing
FINANCING
Authorized
20-year 3'/a%
due
Common
Outstanding
sinking fund debentures,
March
1,
1968
shares
(no
$10,000,000
$10,000,000
par)...1,000,000 shs.
645,936 shs.
PURPOSE—Of these net proceeds $5,000,000 will be used to
discharge
loans evidenced by $5,000,000 2V4%
notes and a further amount
term
be
applied
March
to
15,
as
of
Boston,
Sept.
mitment
March
the
1948,
for
amount
net
loans
the
proceeds
to
additional
from
it
working
sale
will
of
be
and
be
is
the
loan
the
com¬
amended
converted
the
to
into
available
remaining
any
debentures
added
of
as
after
short-term
for
the
balance
balance
the
of
the
applications
company's general funds
as
capital.
products of
principal categories.
two
the
term
under
was
Bank
which
the
outstanding borrowings under
any
will
there
If
BUSINESS—The
into
loans
agreement
$4,000,000
to
up
year.
the
above,
and
provision
of credit
fiscal
current
referred
terminated
credit
line
a
short-lerm
National
under
under
to the commitment credit
provision
Concurrently with the application of
of the debentures, the loan
agreement,
$2,600,000.
from the sale
proceeds
under
on
loans
dated
First
banks,
$5,000,000
to
as
term
agreement
addition
an
of
commitment
and
other
six
outstanding
These
loan
a
up
loan
notes,
$4,000,000.
under
company
and
to $5,003,000
provision.
The
amended, will be
the
itself
borrow
to
of
made
the
between
for
90-day
on
amount
were
up
credit
3,
the
1947,
\
agent
entitled
and
borrowings
the
in
borrowings
22,
as
was
provision
reduce
1948,
short-term
products
Debentures
,
and
Massachusetts
a
properties
organized
net
Co.—Debentures
manufacturers
1833.-
•t
of
'
.
Optical
published
largest
by
1912,
Of
with
notification
of
world's
man
purchased on the Exchange
Feb. 29.—V. 167, p. 937.
were
531,439
York.
New
Also
days'-
2C,
a
as
$295,000
30
company
the
tion
first mortgage convertible 6%
bonds, due
1958, and an undetermined number of cdmmon /shares (20c par);; to be
\held for conversion on bond-.
Underwriter, 'Gordon Gr^ve* h Co.,
for
letter
a
at
1,
optical products.
It also
instruments, industrial safety equipment and
The
in
American
to
filed
March
and
tific
and
fire
11
following
COMPANY—Company, with its wholly-owned subsidiaries, constitutes
the
■. ■
v;
.
March
on
at
103Mt%; thereafter but
nt
thereafter
but prior to March 1,
but prior to March 1. 1967, at 100!/a%;
100%; in each case with accrued interest
thereafter
on
than
one
of
Corp., Orlando, Fla.—Files with
: ,v.
-V-.;/'
.
company
1950.
l,
1, 1962, at 100.25'/! ; thereafter but prior to March 1,
1 67,' at 100.15% ;
thereafter until maturity, at 100%; in each case
with: accrued interest to the redemption date.
'
will
167,
Alleghany Corp.—Purchasing Preferred Shares—
•
sec—
SEC
petition
less
pro¬
■
American Machinery
communi¬
Pennsylvania, Ohio, West Virginia, Kentucky and Delaware,
asked by this corporation, according to an Associated Press
a
not
with
$580,669
and casualty, were $53,246,283
$92,029,471.—V. 167, p: 937.
>
were
102 Va%;
redeemable, through operation of the
1951, or on any March 1 thereafter, upon
notice
at
following sinking fund
redempition prices: prior to March 1, 1^56, at. 100.35%; therealter but
sinking fund,
subsidiaries
as
contributed
was
and
policyholders'
a
$1,500,000
101 Mi%;
days' published notice
March
until maturity,
redemption date.
the
company
dispatch.
in
at
to
30
to
at
thereafter
$22,757,929
acquired from the
which was subscribed
their
$386,703.
capital of $1,000,000
been
contends
1962,
prior
1956,
i,
than
less
not
prices:
March
,
Dec.
Air Mail Service—
ties
to
March
companies
Insurance
extent
time upon
any
redemption
prior: to March
depreciation
a
capital and aurp'us;
"
:
The
Bankers Indemnity
Insurance Co., wrote $11,224,914 In cas¬
ualty premiums, a gain of $3,036,003 compared with the previous year.
Reserves for losses and unearned
premiums were increased $1,158,291
and $1,215,978 respectively.
The statutory underwriting result was a
loss of $900,559.
Income from investments and profit from sale of
The
Ail-American
portfolio
$2,432,343.
The
securities
Oct.
$2,269,354,
the
MISCELLANEOUS
-
prior
Co. wrote $1,513,217 in premiums and
Insurance Co., wrote $83,742 in premiums.. The
policy¬
surplus of the Columbia is now $3,214,576 and that of the
the latter to
.
Definitive
from
at
the Dixie Fire
•;
Ready—
taxes
$1,692,636,
$8,612,552
Dixie,
Alabama Power Co.—Definitive Bonds
Federal
totaled
The Columbia Fire Insurance
i-
March 6' declared a dividend of 12Va cents per share
shares of common Stock outstanding, payab.e March 25
lo holders of record March 15.
On Jan. 2, a similar dividend, plus
12V2 cents extra, was paid.
The previous payment was 12Va cents on
166,
totaled
662,504 shares of capital stock, 92% of
by the exercise of stockholders' rights and
whereby capital was also
increased from $3,343,740 to
$5,000,000, making policyholders' surplus
$27,757,929,
■'
v
the 312,000
1 -43.—V.
before
received
realized
sale of
The directors on
Sept, 17,
liabilities
to The American by the affiliated
previous Dec. 31 of $2,915,325.
v
American's surplus on a Convention basis
at
and includes
$6,956,292 from a total of
■
Corp.—12 V2-Cent Dividend—
Aero vox
loss
interest
profit was
investment income
investment
holders'
on
and
other
the
over
the 900,000
jof
statutory
Dividends
all
,
The
Admiral Corp., Chicago—Declares 15-Cent Dividend—
The directors
'on
taxes and
underwriting
holders during 1947 amounted to $936,247.
atmg after Federal taxes was,$443,614.;:
to
dent
company of the Group, wrote total premiums
$5,578,793 over the previous year.
Reserves
$576,718
making total
INSURANCE
■
of
amount_included $289,993 paid
companies.
.
The
$1,815,739.
which
•
Acme
gain
a
Ika ™e"rned Premiums, losses,
common
.
$40,424,408,
and Investment News
INDUSTRIAL
-
American, parent
f
of
declared a dividend of $1.25 per share on the
stock, payable April 24 to holders of record April 15. Previ¬
ously the company had paid $1.12l/at per share each quarter, the last
;one at this rate having been disbursed on- Jan. 15, 1943.—V. 166,
,p. 2533.
•
If
directors have
The
York,- N. Y., Monday, March 22, 1948
instruments
(ophthalmologists,
the
company
In
its
subsidiaries
fall
the
which
optometrists,
and
first
category are ophtalmic
supplied
to
the
professions
ophthalmic dispensers) who ren¬
are
and
der eye care to the public.
The most important of these products are
frames and mountings, instruments and maohinery used in
ophthalmic corrections,
eyeglass cases,
and
artificial
eyes.
Sales' of these products constitute approximately 73% of the net sales
lenses,
making
American Brake Shoe Co.—Officials Promoted—
of
P. Biggs has
been
appointed First Vice-President of Brake
Shoe & Castings Division.
He has been with the company since 1916.
In addition to his new
duties, Mr. Biggs will continue as Vice-President
in charge
of sales
of
the
Brake
Shoe
&
Castings
and
Southern
Wheel
DivLions,
positions
which
he
held
has
Roger W. Batchelder
of
the
National
pointed
Mr.
an
Stock and Bond
appointed Assistant to the
Division and William H. Old has
Agent
announcement
Brake
American
for
been ap¬
Shoe Co.' ac¬
New York Stock
Batchelder, formerly General Purchasing Agent for the company,
with Brake Shoe since 1933.
Mr. Old, formerly Assistant
Purchasing Agent, has served in various purchasing capacities
New
General
since 1940.—V.
'
167,
American Car
R.
-
A.
Williams,
70-ton
&
Vice-President
Jy., and 500
70-ton hopper
in
charge
ordered
been
cars
by
Chicago
by the Chicago, Rock Island &
Installation
this
of
its
company
on
llf',, ,Fons*rUction
<
ending
at
The new
°rk
An
;
is
is
rolling mill has started, it
March 18 through its President,
new
going
ahead
the
in
roof
under
Pacific
1141.
is
expected
to
be
made
the company
This department
concerning the operation of its cladding department.
now
nearing completion.—V. 167, p. 149.
r
,
American Insurance Co., Newark, N. J.—Report—
'
•
1
nr,^nor?la^
°Perating
Tn^frwr^ihg
pni,v-ce
Tn,i
indemnity
conditions
in
the
field
of
fire
and
casualty
in the report for 1947 of The American
GrouP. composed of The American Insurance Co., The
*>ire Insurance Co., Dixie Fire Insurance Co. and Bankers
are
Insurant
sales,
-
'■
.
■
CALENDAR
returns,
administrative
etc
expenses...
1946
$57,395,693 $55,477,136
28,020,998
26,456,385
23,814,760
22,517,807
accounts
&
miscell.
advances
671,443
237,773
124,147
$4,485,111
profit
income
Other
YEARS
837,050
Operating
$5,707,354
....——^.-'..-..^..4—
jj
income
Interest
34
—3a
646,048
811,884
$5,131,159
Prov.
...
•
—
deductions
<
..i.—..
Miscellaneous deductions
$6,519,239
96,359
49,868
"
67,873
Dominion
&
Previous
earned
Transfer
1,959,070
81,251
2,519,020
$3,869,099
15,258,477
11,059,153
taxes
profit
Net
-
—$3,007,850
for Fed.
on
income.
of unused
war
Refund
Adj.
in
of
surplus
—
—
portion of reserve for post¬
adjustments and contingencies
of prior years' Dominion
of
res.
to
use
prof, taxes
159,983
to Dec.
31,
1946....—.....—
......
paid
on
shares—
common
2,295,194
....
$20,831,567 $17,223,447
1,485,652
1,485,652
......—
....
Dividends
exe.
2,405,250
for amortiz. of emergency facilities
reflect normal d.eprec. from dates
acquisition
Total
of res. for replacem't of fixed assets
higher than original costs......—......
Creation
at
Adj.
of
the value
of
land
appraised value to
in
Southbridge
approximate
2,500,000
from
cost.......
479,317
-—-34
Earnings
.
FOR
1947
discounts,
and
for doubtful
Prov.
Total
—
Stock Exchange
./■'
less
general
Earned
\
rn
STATEMENT
.
.v——34
Stock and Bond Averages.——
reflected
INCOME
/.
Depreciation
—3b
Pittsburgh Stock Exchange
...—
—36
St. Louis Stock Exchange
—3b
San Francisco Stock Exchange——
-3b
Montreal Stock Exchange
37
Montreal Curb Exchange
~
—3»
Toronto Stock Exchange.—----——39
Toronto Stock Exchange—Curb Section.—_41
Over-the-Counter Markets
-----""J?
Transactions New York Stock Exchange...—24
Transactions New York Curb Exchange_-_T--24.
construction
Gross
Selling,
Philadelphia Stock Exchange..,
bv
soon
Exchange
Stock Exchange—:
Los Angeles
announced
Joseph Kinney,
company's mill
been delivered and when the
finished the mill will be assembled for operation.
announcement
_
Exchange...
Detroit Stock Exchange...
was
Carnegie, Pa.
rolling mill has
Exchange
'
Co.t of sales
—r
Cleveland Stock
American Cladmetals Co.—Installs New Rolling Mill
r
Stock
(Bonds).
Exchange
Exchange....
•
.
—13
——24
29
,..—.33
—33
Exchange (Stocks),.
Cincinnati Stock Exchange—
of sales, announces that
the Wheeling & Lake Erie
By. They will be
constructed at ACF's St. Louis plant.—V. 167, p.
Curb
Stock
Boston
Foundry Co.—Two Large Orders—
gondolas have
York
Baltimore
741.
p.
subsidiaries.
.
Page
.
New York Stock
the company.
by
Quotations
President
has been
;
its
and
instruments
CONSOLIDATED
been
Bearing
Purchasing
General
cording to
has
instruments
scientific
and
In This Issue
New Appointments—
•
and its subsidiaries.
company
ophthalmic
are
1944.
since
the
In the second category are nonproducts, the most important of which
(microscopes,
delineascopes, microtomes,
etc.), sun glasses and industrial safety goggles. Sales of these prod¬
ucts represent approximately 25%
of the net sales of the company
Fred
*
.,
'■
•,
surplus
per
at Dec. 31,
common
1947,
and
share
1946.. $16,845,914 $15,258,477
$4.66
$5.99
,
Miscellaneous Features
900 STOCKS
Corporation & Investment News.Cover
City Bond Offerings
—4t
Redemption Calls and Sinking Fund Notices-44
The Course of Bank Clearings
Dividends Declared and Payable
""""41
Charted for
over
State
11 years
showing monthly highs, lows—earnings—dividends—capi¬
talizations-—volume on virtually every stock listed on N. Y,
Stock and N. Y.
Curb Exchanges, 1937 to March, 1948.
NEW
paper
FEATURE
to
—
30
superimpose
Single Copy
Group
on
Averages
other
(Spiral
charts
on
for
and
Combined*Condition'statement
transparent
comparison.
Bound), $1Q.00
.
cSion Statement" of
Federal
;
!5
f. w. stephens
William St, New York
5
Telephone HA 2-4848
St. Louis Listed and Unlisted Securities
General
Reserve
of
Federal^
Member Banks of
System
Edward D. Jones & Co.
v
-
'
•
Established
300 North 4th
^
1871
St., St. Louis 2, Missouri
'
Members
New York Stock
Exchange
St. Louis Stock Exchange
Chicago Stock Exch.
New York Curb
Chicago Bd. of Trade
Exchange Associate
Phone
CEntrsl
7600
Bell Teletype
8L 693
il
(1254)
CONSOLIDATED
BALANCE
DEC.
SHEET,
ASSETS—
Cash
in
banks
Notes and
Ooher
and
hand
on
and
customers, less res,_
5,228,206
receivable.'
328,286
Inventories
expenses
_1
to
be used for
construction in
new
advances
and
Postwar
ion,
less
refund
reserve
of
estimated
profits
excess
taxes,
__
...
issue
of
303
The
201,509.
794,566
626,968
dispute
177,124
The
many
been
Domin¬
124,317
____________
(net)...
.
11,441,967
p.
Co.—Equip. Issue Authorized—
3%
$4,000,000
trackless
and
buses
income-
Total
Notes
payable,
Accounts
Provision
for
income
Notes
banks
____
$1,000,000
$600,000
2,199,219
2,125,252
1,048,790
,
1,234,303
______
liabilities
:
Federal
and
Dominion
taxes
(net)
on
<
______J_
Debentures,
2.75%
(Canadian)
,
.
817,094
due
1, 1949 to Jan. 1, 1956.
from
2,000,000
Barcelona
___
1,750,000
_____
i
_
-
Replacem't
of
.original
L_
1.512.0QO
costs
Postwar
at
higher
1,512,000
of
than
2,500,000
and
contingencies
2,706,778
other
and
shares
Earned
assets
adjustments
Insurance
Common
fixed
27,322
(645,936
shares,
surplus
16,845,915
15,258,477
$43,846,573
___
:
.____
17,910,648
$50,610,988
—
Total
amounts
of
of
name
the
debentures
to
several
be
underwriters
purchased
by
and
each,
Merrill
Inc.
,..$1.300,000
Elyth
The
&
Co._,
& Co.,
First
Corp.
&
Tucker-.
&
330,000
Anthonv
Months Ended Jan. 31—
Whiting, Weeks & Stubbs
&
Co.
.230,000
230,000
100,000
it
100,000
months
Inc.____
445,000
Goldman, Sachs & Co.__
445,000
Chas.
445,000
Lee
Higginson Corp,____
—V. 167, p. 1037.
G.
230,000
W. Scranton & Co.
H.
Walker
Co.-
&
'
'
.
ended
his
company
of
26,913,COO
167, p.
kwh.,
March
be
So,
while
that
167,
841.
p.
11,
1948
to
the
System
233,650,000
the
over
inputs
kwh.,
corresponding
1.943—Month—1947
of
sub¬
of
' f
'
"
^
,
months
ended
■.
january
■
.
"
31
,' v
194g
revenues—e'.eotric^—.—$538,621.
ting
^p^
$42491,
operating revenue deductions—419,969 lvv
ncfc
operating
revenues
33l',962
$118,652
—
income—————^—-
6»583
————
4,988
The company is engaged .in the generation transmission, distribution
^ qf electric energy. From time to time the company has pur-
1947
°
that while
be
can
in
^
electric energy for resale, principally from Homestake Mining
company's annual purchases of energy have varied between 0,06%
chasod
,
estimate
no
made
the
co
at^ this time,
0f
jts
company's
history,
abnormal.-
.
total
16 4%
•
d'
object
we
prices
to
high,
its
purchases
the
in„
for
the
Mr.
back
to
Haskell
ended
business
lev eis,
pre-war
but
the
of
increase
neriod
in
we
stated,
paid, for
an
same
31,
Jan.
1948.
sales,communities and
unincorpoiated com:niu t
s^ and :'
a_reafs'
iocated m western South Dakota and eastern Wyoming. The ag.regate
'
population of the territory served by the compahj
is estimated at
unit,
in
ended
months
3
^
vaiious
margarine. \Thus,
salaries
$20,429,000,
high prices,
went
and
during the 12 months jended Oct. 31, 1942
output during the 12 months ended Oct.
of energy were 39.1% of its total energy
its total energy
and
1945
output
energy
of
.
year,
prices.
and
wages
were
total
decrease
a
foods
so
go
that
1947
the
showed
frozen
prices
see
over
if
increased.
Dec.
might
-
31,
we
65,000.
*r.' v 4;
f^
underwriting—Company has entered Into
ment
with
purchase,
well
as
neither
approximately
-
.
ten
$10,-
stock
set
the
named below
exceeding the respective
not
who
persons
nor
underwriting
an
have
numbers
opposite their respective names,v
severally
of
shares
agree-
agreed
of
to
common
.
of shs
No
v.
167,
corporatlon
oosts
operatins
have
No
fwsojssn- ill
542.
p,
of shs
,■
__
„
_,
„
will
be
bonds,
gage
interest
of
t
j
1
,
^
Piper,
950
Rauscher, Pierce & Co. Inc,_
j.
,
Ry.—Contingent Interest Payment—
payable
due
■
.
^
Jan.
1v2%,
April 1, next,
1994, an annual
on
1,
being
interest
such
holders
to
of
installment
for
the
first
of
400
Riter
400
e. h, Rollins & Sons Inc,__ 1,600
Dec.
Payment
Y.—Large Contract Bond—
y.,
and
&
co.__-___—
;
of
such
St.
at
or
interest
Paul
&
Room
will
surrender of
Pacific
732,
be
rr.,
Union
made
Coupon No.
c
at
either
Station,
2,
the
at
Office
Wall
52
of
St.,
Chicago,
111. on
■//:.:.vv
York,
presentation
-
,
.
Loewi & Co
Laurence m. Marks & Co,__
—v. 167, p. 1142.
Chicago,
New
t:
■
Jaffray & Hopwood__
Co.
&
950
400
-
625
_____
v
'
625
625
400
g. h, Walker & Co.950
400
950
Harold e. Wood & Co.l_____ 1,600
Woodard-Elwood & Co.—
625
vKir.kpatrick-PettisCo.____—
■
n.
Dain
m.
Co.__—
Johnston, Lemon & Co.—___
400^ l- f- Rothschild1 & co.^__
Kidder, Peabodv & Co
4>599
William r. Staats Co.___—
.
31,
1947.
and
Graham, Parsons & Co
mort-
contingent
ended
year
th^zwautoco.:::::;::''™:
500
Central Republic Co., Inc.—
poett.cber
1947.
Milwaukee,
American Surety Co., N.
29
increased
to
mind
31,
increase
an
week
1948—2 Mos.—1947
'
.
.
i
stated
1
years
but
$30,898,394 $29,241,467 $65,511,847 $61,849,281
______
$185,h4
3
for
-
Co.—February Sales Up 5.7%—
Period End. Feb. 28—
milk,
due
to
in
Dec.
104%
or
There
—V.
like
kept
Bedford Belt
American Stores
42,500
$231,852
Co.—Weekly Input—
amounted
13.01%,
or
best
handle
we
of
largely
ended
426,000,
1141.
Sales.—..:
.
the
commodities
not
must
recognize
'
1948
1948
-
.
March
on
of
one
exception
was
do
We
100,000
.
week
the
gain
1942.
»
the
with
our
445,000
American Power & Light
—V.
the
&
fLdder, Peabody & Co.__
s-diaries
period,
Coffin
C-iore, Forgan & Co,
of
certainly
Drexel
Burr,
48,362
$246,258
—
and
President,
was
550,000
Jackson
56,700
--^-
h& fahysrop„any;esc„^nltIovrolzet
230,000
Harris, Hall & Co. (Inc.)
Putnam & Co._
For
Haskell,
profits for the fiscal year ended Feb.
550.000
Webber,
& Curtis
™
'
,
_____
h.
230,000
760,000
$227 614
qM 6
94'939
-
230.000
White, Weld & Co
$280,214
«,
•
other
although not as large as the previous year, which was
We fully expected to do $200,000,000 worth of business for the
230,000
Co.
&
760,000
$302,958
9.840
:
prior lien'bonds,
it
Weeks.
107 325
,
—'
earnings
'.
.
6v'2%
11
Tfln
c.
Pierce,
Beane_r
Hornblower
Inc.760,000
Lazard Freres & Co
Lehman Brothers '
Paine,
Fenner
1,300,000
Boston
Lynch,
99,284
its full
offered
9
consolidated
of
Ripley Co.,
Eitabrook
March
on
of its
Sales
as
follows:
Karriman
72,917
15 630
i0'bd0
.
11
the
are
company
holders
11
UNDERWRITERS—The
respective
$334,939
,
26,979
17,910,648
par)
no
21,056
co-operation to a group
■
which is meeting.-: ■ - Gross income
---—
$1;lqaq
$n7'953
on
Aoril 8 in London. England; provided it decides-,to., appoipt, a com-..
Income deductions
21-762
mittee
to
solve
exchange difficulties which have prevented -Interest
'
'
7^37^' t^ttpayments.
The company reiterated that it would make every effort
Net income
•
$76,wo
to resist a Spanish court's order declaring the concern bankrupt.
(New
business—Company was organized in South Dakota, Aug. 27, 1941
York "Herald Tribune.")—v.
162, p. 1275.
and
as
of Oct. 31,
1941 acquired the Dakota properties of General
public Utilities, Inc., (Fla,t; and the Dakota
power properties of The
Beatrice Foods Co.—Sales Show 7.17% Increase—
Dakota power Co.
•
The
inventory
$319,309
.
Ltd.—Seek
Co.,
Power
&
Way to Pay Interest—
Reserves:
General
Light
Traction,
July
129,500
$358,442
widened
472,136
5,000,000
payable, banks
.
has
company
577's
i26;939
$379,498
pref. stock
on
130,759
$375,875
-
deductions-
Balance
the scope of its employees group life
insurance
plan
to cover its subsidiary,
Chandler Division, also of
Buffalo, n. y., stated Nelson m. Graves, President. The- employer and
the employees share in meeting the premium of the: insurance, which
is underwritten by the Metropolitan lue Insurance Co.—v. 165, p. 1447.
This
payable
Accrued
Buffalo, N. Y.—Insurance Plan—
Barcalo Mfg. Co.,
$50,610,988 $43,846,573
___
LIABILITIES—
ho.sso
28,234
deductions
inc.
1944
$1141
j^'^^ooo
;
$347,641
—
income
p-743-
10,049,246
Divs.
'total
1945
749,454
129,000
Other income——
for doing away with
trolley lines, which has been the subject, of long
Commission. Some 200 of the buses alieady have
delivered and the
remaining equipment is promised by July 1.
Mercantile Trust Co. of Baltimore will buy the notes.
vv. 167,
the
«auce
$1,242,183
637,105
,,
171,503
,
income
n(.hpr
of its orthodox
before
accrual
res.
revenues—
•
,
hi the company's plan
step
a
trolleys.
1,080,559
Fed. taxes on income-
on
$1,383,(46
$1,728,703
Retirement
March 12 authorized the comequipment trust notes toward the pur-
Commission
S,
permission is
217,207
______
Property, plant and equipment
to
chase
Operating
Transit
Maryland
pany
1,489,449
and
other investments, less reserves..
Investments in and advances to nonconsolidated
affiliates,
Baltimore
The
rev.-^electric
deductions—.
•'*
Canada—
receivables
*847
1475
10.
p
p.
*
3177
October
.
173,455
193,703
American, Pacific Northern Airlines and West Coast AiiUnes.
Pan
—v '166
v.
166,
22,065,052
Cash, proceeds of debentures, 2.75'/,/(Canadian)
Miscellaneous
with
years ended
earnings fob
.
308,070
27,107,448
•___
SST™* m*y bcusca
Contracts-
Aviation Maintenance Corp.-New
109,256
receiv.,
accounts
Monday, March 22,
ig48
CHRONICLE
FINANCIAL
&
1946
$5,324,934
109,256
4,810,958
$3,576,584
_J
securities
accounts
notes
Prepaid
31
1947
Marketable
COMMERCIAL
THE
■
2
•
'
■
.
This
is
companv
executed
the
behalf
on
of
originating
L.
P.
company
Reed,
Inc.,
covering construction of the Whitnev Dam
ernment
at
be
will
Waco,
contract
a
located
price
of
contract
a
for
the
approximately
bond
Meridian,
United
just
States
$16,000,000.
Gov¬
The
Brazos
River
at
point
a
miles
35
See
Bell
arranged
on
a
co-suretv
basis
with
the
Inc.,
V.
with
Dallas,
167,
L.
P,
Texas.
Reed,
The
job
Inc.,
will
this
on
require
project
1,100
is
Martin
days
for
&
Uncollectible
American Telephone &
Telegraph
Month of
Operating
Operating
uperacing
Grace,
Uncollectible
operating
Operating
Operating
Operating
1948
revenues
26|719
rfivenups
d»io
"
operating income.
charges.
—V. 167, p. 1037.
1
<tti
«i
os's?!
aoi
ti
profit
-rv
&
Number
of
large beet
-1
'
.
'
1
Black
1,711,894
$177,564
$22 986
72 820
«1-97
'Nil
.•
Light
Co.—Bonds
Placed
Pri-
of $1 998 500 is beine undprtakpn hv tho
Walter
C.
Leitch
Since
1921,
has been
he has
elected
been
Vice
President
associated
with
and
Gilbert
announced
General
Man¬
ufacturing Co. of Springfield, Mass., a
subsidiary of Standard Oil
{N. J.), most
recently as General Sales
Manager and
company.—V.
167,
director of
a
Associated Telephone
Co., Ltd., Santa Monica, Calif.—
Registers with SEC—
The
companv
series.
March
on
York.
and
15
ovfered
—V.
at
$21
167, p.
a
registration
statement
with
the
cumulative perferred stock
Paine.
are
Tully
share
per
filed
of 5%
Underwriters
Mitchum,
&
Co.,
and
the
($20 par)
Jackson & Curtis, NewFrancisco.
The stock will be
Webber,
San
proceeds
used
to
facilities,
expand
1038.
The directors
share
holders
ot
paid
on
E.
M.
1948,
Morris,
purchases
1947.
year
1,041,824
declared
value
20.
Dec.
Chairman,
of
26,
earnings
a
last
have
stock,
compares
payable March
with 45 cents per
31
to
share
year.
announced:
have
quarterly dividend of 50 cents
common
This
receivables
Consolidated
the
cn
and
10
par
March
30
and
in
$10
record
Sept.
March
on
the
on
n
"In
equaled
exceeded
the
the
those
first
quotas
for
the
two
months
established
like
period
net
th/»
shares
outstanding.—V. 167,
p.
for
11,
each
^
v
sm
will
the
to
E.
that
time
167,
p.
he
was
Training Supervisor
422,
Auto Finance Co.,
t
their
of
Radford,
the
s
Divisions,
National
capitalization
>r
-
'
3
^acM
j'..?•
Bank
..
1
with SEC—
^^additional working capital
and general corporate
purposes.—V. 156,
of
for
of
Bank
a,
3*8%.
the
for
b.
due
in
securities
♦b^nds
and
may
be^
st
®
s
is
from
•,
the
has
company
common
that
stock
the
ill
z
sUD-
own a
company
.
completed
negotiations
for
the—sale
Bank
share
871/2 cents
or discharge
of its debts and
complete^
Uqmdjtw
&
Trust
Co.
of
Chicago.—-v
•,
167,
p.
247.
.»
:
on
on
March
declared
5
the common
per
stock
share-on the
and
quarterly
a
On
Jan.
dividend of 75'
*
1142.
2, last, a
quarterly
dividend 01
'v
/
"
'
on
issuJs
'
priv^_e55
March
for
to
redeem
$768',000 outstanding
and defray, cost of additions,
bonds.
etc.-*..}
__
_
Broadway Department Store, Inc., Los
isters with sec
common stock now
nroceeds
•
Co.—To Sell Bonds
5, applied to the conij®c5lnauthority to sell privately $2/ >
000 25-year general mortgage 3^4% bonds,
" /
company
p. u. Commission
13.500 shs.
Society of the
outstanding first mort-
imte
'
'•
Bridgeport Gas Light
-''The
f6ooiooo
net
j
^
stock,
a special of $1 were paid on the common stock.
40
Payments last year on the common stock were as follows:- Jan. f
cents; April 1 and July 1, 50 cents each; and Oct. 1, 65 cents.—v- ...
n 100 000
serial
•
regular quarterly dividena
both payableAP
the
preferred
.
and
on
cents and
.
aggregate
its re-
^"• 2554'
holders of record March 17.
,
$1,980,000
2 094 000
of
.
iThese
the
is' held.by
properties
Pampanga
the Spreckels
Borg-Warner Corp.-Declares 75-Cent Quarterly Div.
Life Assurance
bond
plantation
;
.
property
The directors
Minn.
Outstanding
15,000 shs.
company's
enterprises.
sugar
properties identified witn
miscellaneous
numerous
industry.
50%
interest
Pampanga
(
as
of
Hawaiian
other
in
famed
Boeing Airplane Co.—$1 Distribution—
150 000 stxs" 134'970shs'
contemplated
the
as
the
The directors on March 12 declared a dividend of $1 per
Jare
the capital stock, payable April 7 to holders of record March 24.
similar distribution was made on April 4, last year, and on Apia
1946.—v. 167, p. 247.
i
p.
issuance of the shares of
purpose—It
the company
well
the°^'mortgageproceeds^ would be used
& trs
as trustee,
amended"
pha^0 $450'000 of notes
15, 1951 to i960, inclusive.
u
Interests
in
^
in
3&c3 january
^re
,^e s0ld t0 e<luitable
100% o.w
Sea Isl&n
b' sproekeb Company holdingo In the mm
x.
per
$600,000
-
ssued'i«
contained0
restrictions
offtred
Minneapolis,
*
l^rf serial notes——
hSclude
Marshall m.
the
July
jaly
substantial
,
the
soliciting
Authorized
——
3%,
as
National
The
holders
due
——
bftt
company's assets by distribution also were authorized, acpo
to notice to the New York Curb Exchange.
korrpls
the first distribution wLl consist of approximately 107,000 ba
of bulk whiskey of various
ages and distillation, represented by «
hpuse receipts.
This is subject to prior lien of Continental
bein°-
Minn.
_____
spreokels compa„y
share
ffffpt
effect to present w„a«m
to prpqi/mt financing
-
series
of
that
^
the
1
record
one
share
called
a group of dealers
for the purpose of
Minneapolis,
b
sugar
the payment
<s15
,
of
of
full
be
give
Cimimon"stocknil,par$100)—
tS
stock
0.173
one
would
warrants
1si5mi975 _^n_dsl_sf
lions
j
number of additional shares, as
Under' an agreement with Dillon,
.
107?
ce"^a;»anrr bank
Charlotte, N. C.—Files
rate
warrant
company
giving
uivrwcx
_
plant.
on March 10 filed a letter of notification with the SEC
xTar5s of
■*" cumulative preferred stock to be offered at
Underwriters include Interstate Securities Corp., Charlotte,
ens r^,rHst Co., Greenwood, S. C. Proceeds will be used
the
common
warrant
aaid
sprackeis.company,
the. stoekho'ders at the annual meeting approved
resowt*
authorizing and directing voluntary dissolution of the-company and
winding up of its affairs.
o{
ssjsffb. »re"dpirbey athe3«p„dmerwmerrcsh
First
_—.
Va..
share
Its
Northwestern National
Registrar,
^he company
ir«
*
of
agents
of
at
u
lst1_^ge. bonds, series
15 1975
Manager
Buc.v, General Manager of both divisions.
Mr. Reese Is a
graduate of the University of Illinois and has
taken
post-graduate work at the
University of Delaware and Temple Uni¬
versity.
Until recently Mr. Reese was
with the Hercules Powder
Co.,
*?e*sonne* Superintendent of their Louisiana, Mo., plant. Prior
to
—V,
frational
mtal" lvlv
H.
subscribe
conditional
sub3ecj ,° allotment.
inc- as dealer manager,
1ef
S.
according
holders
of
842.
Reese, has been named to the post of Personnel
Stamford, Conn., plant, Zapon and Zapon-Keratol
a
to
t
as
,
_
fc,han uthe,ucollditional
a!?msu?sf
.0r such
of
fori
Atlas Powder Co.—New
Appointment—
Dan
a
aw
p.
act
to
held,
wherever
nlv rn?!
<
group headed by
Co., Inc., is underwriting the common
warrants
share
stock at
common
^ves^ment banking
issuing
properties
(Philip) Blum & Co., Inc.—Dissolution Authorized-
•
ie
is
a.
dmlnB the M°nth
States, and the offering
invoctmnnf
o
&
rnmncnv
rpni
1 ir
j
company
March
earnings of the company and its subsidiaries
ended Dec. 31, 1947 were
$3,717,248, equal to $3.57 a share
common
An
'
Dillon, Read
stock issue.
7l.l00,000^st
of
and $600,000 3y4%
ar?,U tug Equitable Llfe
P"'
with The
19,900 shares of
chare
ncr
issued
Associates Investment Co.—Dividend
Rate Increased—
Ler
I
-
if
mmnanu
^ale
through the
Ion
Reed
po
ion, Kead & co., tnc
Inc., as agent,
Assurance Society of the United
to stockholders Of
rrn
covering 75,000 shares
1947
12
ns!"" j0nd,so/,ercns c:dve
Co.
that
938.
p.
March
Man¬
Barker
&
far-flung
in Brooklyn, n. y,, a 7-story building, according
Smith, President/•
the last of the company's Brooklyn manufacturing operations peas
on Dec 24, wih most of the machinery and inventories moved
to
vately—Rights to Stockholders—Financing to the extent
'
the
(e. vv.) Bliss Co.—Sells Brooklyn Plant—
>
ma.ning
t
&
and
a
mills
cane
The
Power
for
72 820
-■-
_
end
Ca'.amba Sugar Estates in which
'Stantial interest.—v, 167, p. 842.
•'
n
Hills
.he
of
include £0'/• interest
Remaining
1945
shares
-vnei6ipep
■*>,,
Aro Equipment Corp.—New
Vice-President—
ager.
and
.
1947
common
piesidant
the >•
Islands
the
taxes
substantial interest ill the j. d. and
a
company
50'//
plantations
'®29 482
•
Hedges—Earnings—
after
holding
empire of, the Spreckels family, it was announced
interest in the Spreckels Sugar Co., owner of three
sugar factories,et. Woodla^.-.m^tecavand Salinas, Calif.;
infcrest in ^e Hilo Sugar Co., Kilauea and Hakalau sugar
couslrouing
top*
^
c
benson
Co.;
sugar
tae;s oi the j, d
cane susar'.
$3,140,075
796,288
Spreckels
ship of th,G Western Sugar Co., San Francisco, icfincrs of
qoi
mjs's?
1,145.442
oro
i'oll vll
.
842.
f^*?Q
r'7q6'2ls
1,043,431
inrome
.
after
19.351
nco
10 068 060
taxes
ooe'-atine
p.
eno
Calendar Years—
3,203,432
$2,953,551
Net
Net
corporation has acquired
1 bh>clt "
v
2,815,425
._
b.
"n'tz.u
1947
$18,796,445 $18,583,209
13,027,469
12,239,702
_____
•
taxes
a.
v■
revennea.....
expenses
167,
Net
revenues
expenses
—v.
$18,857,729 $18,647,713
61,284
: • 64,504
__
The
<.425,■'■'l.1-
p.
Nefalta c"i?!es
Co.—Earnings—
January—
revenues
141,
Corp.—Expands Security Holdings—
tl2,^472 SII.mKsw
operating
Ooeratine
Net
Operating
below.—v.
opzisg raveS
completion.—•
149,
p.
rr.
Telephone Co. of Pennsylvania-Earnings-
Travelers,
Indemnity Insurance of North America,
Employers' Liability and Massa¬
Bonding and Insurance companies; with the New Amsterdam
Casualty and the United States Fidelity and
Guaranty companies as
reinsurers.
It was written
through the office of Cochrane & House¬
man, American Surety Co.
agent at Dallas.
chusetts
Associated
Central
comprising the
,
was
York
Blair Holdings
Central Seeks Control:—
of
-
bond
New
dam
'north
Texas.
The
.v..
Beech Creek rr.
Texas,
'
the
on
on
contractor.
Angeles—
Re2-
ejn* conipany on March 11 filed a registration atat,en^nt($25thpar).
s ^covffrine 80.000 .shares of cumulative "referred^tock ($^$3
—1 Ban"
to
wiH
1
Number 4683
167
Volume
THE
National Rys.—Certificatss Sold—
Canadian
company
pnuipment
wSr
included: A. E. Ames & Co. Ltd.; McLeod,
Ltd.; Mills, Spence & Co.t Ltd,, and L. G. Beaubien
bankers
& Co.
iVv.;,165.
oSi
navinff
certificates
Young,
& Co.,
nn.f/ai
rnnt
rionAcu
nf
I Kl
National Bank
t?er.1purchas®
at Bank & Tiust Co.
.
Pacific Ry.—January Earnings
1948
r--~—
—
$103,341
—
City
s
and
April
of
Coupons C
2.—V.
164,
The stxb
transfer department o!: this, tompan, to, 6e» mow*
TheJr_ch.Ji„ «Mc- A R99R wnRhiv«
o"
Milwaukee, Wis., to 5225 Wilshire Boulevard, Los Angeled 36,
mentioned
Tm
cuQ„QO
1C39.
p.
in
our
amount
March
of
or
i
i
ai
sales
were
back
invested
of
purchase
1946
was
five
past
under
tools,
acreage
were
to
the
greatest
331,239,907
in
pounds
the
and
management for
totaled
331,314,142
sales
tonnage produced was
22.7V'
50$ stock interest of
11.4%,
com-
(ox
Columbian
which
account
pounds.
in
tonnage
revenue
the
Phillips
the
latter
100fa
a
Petroleum
owned
Co.
Columbian
*
Near the the
close'o'f the
from
0
2316
Its
year, a contract was made to purchase Flancor
Assets Administration for the sum
of $1,420 000
the" government was $2,226,000.
This factory was
and tne company leased and
operated it since,
it
War
original
completed
liV'
Further details -fol-
the
in
$36,938,449.
black
^oluinbuin-Phillips Co. makes
-
business
in
sales
of
the
plants, equipment,
amounted
companies)
over
into
in
carbon
produced
11.7V and In
Cash
•
Corporation, Cleveland, Ohio.
production and distribution facilities
new
put
$25,000,000.
money
and
"crease
„
anH
land
of
non-affiliated
sold
21,278
common stock
total
working capital at year end
29,642,097
($9 par) was offered Feb. 24 at
$13.50 per share by Prescott & Co. and
The First Cleve-
on Increased Stock—
A dividend of 10 cents per share has been declared on the increased
ammc-n stock, payable April 5 to holders of record April 2.
the
approximately
Production
«?0--Stock Offered-As
8 an issue
of
issue
»
snares of
*
Carter Co.—10-Cent Div.
(j, W.)
brings
to
Production
3140,
p.
Carr,
successful
one
in the history of
the
and
earnings reached record highs whi.e progress
expanding and diversifying its activities.
in
bonds, due Jan.
f
hnnr'c
most
3
Sales
suibsrdayr.
from
167,
1947
The
the
was
reinvestment in
®
,
in
1185.
p.
Co,—Moves Transfer Office—
nation
-v.
the
165,
1947
year
company
was made
Southeastern Ry.—Interest—
surrender
■"
Calif-
at
111.—-V.
The
1948 to holdsrs of first and
1, 1994 and to holders of income
interest nf ii'r/
"e. Jan:
an annual instalment of contingent
Y2/' b?m! such interest for the year ended Dec. 31, 1947.
Chicago Mlwn.X clnteiest, oWi11- be made at the office of the
NfW York
M
v
Stt FaUl & Pacific RR" either at 52 Wal1 Stunon l
iv?;;/''.and at Room 732, Union Station, Chicago, 111.,
°J
upon presentation
mortaaffp
j$ 187,034
;
&
refVnd?ngWmm-floP,!llab^
1947
$24,926,201 $23,353,903
24,822,860
23,171.833
•—
—
H47.
167, p,
bonds
money
of Chicago, Chicago,
Chicago, Terre Haute
earnings
rai
*
cago
the
Columbian Carbon Co.—Annual
Report—Reid L
on March 15, said in part;
President,
and
years
January
Gross earnings
Working expenses ___
J
made,at
(1255)
certificates of deposit
or
mortgage bonds
certificates of
Til purchasfv money mortgage bonds will be
Jllln°is National Bank & Trust Co. of- ChiSo\.La balle st-> Chicago, 111., and on the
68.
Month of
Net
bonds,
CHRONICLE
-
P
Canadian
FINANCIAL
depSetherPfm-tne ,C0ns0f!idated
aSnfrn
nther
&
therefor'61' $1'°00 °f pul'chase
has sold privately $28 000,000 serial 2V8% (non-call- !
trust certificates.
The sale was-arranged through
Securities Corp., Ltd., and Bell Gouinlock & Co., Ltd. The :
^®5s mature $2,800,000 annually March 15, 1049-58. Proceeds
cm ii applied to purchase of new standard railway equipment,
Up
■ui«!
COMMERCIAL
to
cost
in
1945
ted near Seagraves, Texas,
and
comprises
channel
a
carbon
5f
of
railroad spur track, 12 miles of 20-inch
pipe line and 19 workman's
dwellings. Its capacity is approximately 12 million
pounds a year.
As of the last record date the
company was owned by 6 044 stock¬
n,
n-,
1,
,JBUSINESS—Organized by veterans returning from
Committee on Securities of the New York Curb Exchange on
tne
Civil
on
Curb
War, the company has been in business for
more
than
oO 'years.
13 ruled that the 'present common stock be quoted "ex" the
Its greatest development
has occurred, however, during the
Past few years.
sto"k dividend on March 25, 1943; that all certificates for the
The business now consists of: '
(1) Grand Home Appliance
common stock delivered after March 17 in settlement of transactions
Division'—-Company's most wide'v known
made prior to. March 25 must be accompanied. by due bills for said
product, the Grand gas range, is manufactured
by this division and
dividend; and that such due bills must be redeemed on March 30; It p, sold from coast to coast through 71 distributors
•
•
'• r
was alto- ruled, that, the increased .■.common stock be quoted "ex" above
(2) Tile
Cleveland
Foundry
Division—producing' light
grav
iron
cash dividend of 10 cent* oer -shaie on March 31.
castings in the largest gray iron
foundry in Ohio under one roof.
Certificates for one additional share cf common stock for each share
This division has a total floor
space of 215,000 square
feet
This
held as of March 17, 1948 wi.l be placed in the mails on March 24, 1343. i-;: foundry not only supplies the
castings needed -in the production of
Cash distributions of 15 cents each were made on the present outthe Grand gas range, but also sells the
major'portion of its output
standing .'common stock on Jan. 2, ;last, and on March 31, June 28 and
r-to Pthdr'AUserk cof' -such castings covering a wide
variety of fields of
Sept. 24, 1947.—V. 167, p. 1147.
manufacture, but specializing in gas range parts.
The
The
holders,
the
holding being
average
March
CONSOLIDATED
100$
INCOME
266
shares.
ACCOUNT
FOR
CALENDAR
YEARS
—
,
0
.
1947
,
?,±s
Operating
Other
27,524.158
3)";;VitFeou^Enamel Division—applies
acquired property which adjoins the
ment
the contested bondholders' plan to reorganize the
adjourned until May 25.-—V. 167, p. 1040.
Hearings on
have been
road
does
ments
the
for
(4)
for
located
2,723,503
$8,560,760
$6,846,196
income
761,005
905,199
$9,321,765
$7,751,395
33,189
69,866
......
Total
income
*.
Interest-.
be
to
dated
Jan.
EARNINGS,
15,
2"'
;
the
with
exception
additional
the
of
limitation
imposition
the
by
proposed
Net Income
of
count
the
rated,
1,
next,
for
sinking
made
fund
the
at
trustee,
of
Wall
23
/
,
office
V;/
J.
P.
St.,
Morgan
New
Co.,
&
York,
$3,400,000,
Mutual
Insurance
Co.,
Gas
wholly-owned
a
of
Life
Chare
$27,664
139,258
213,662
1.05'
1339,,
30,751
178,722
on
shares,
;
■.
shares
0.16
U.
to
present
a
offered,
now
total
178,722.
of
company's
sole
Upon
issuance
authorized,
capitalization
stock out of
will
proceeds
added
be
the
to
.
before
hxed
the
banks
be payab'e
will
1955
in
the
loans
event
of
thereof.'
be
may
in
prepaid
recourse
against
will
Natural
Interest
dividend
cost compares
payments
outstandingly;
will
part with
a
commenting
b:llings
prepayment
°f
1948),
to
1963,
nomy?ano!a
of
other
company
the
on
decline
in
earnings,
net
Inc.
a
throueh
167
■'
1040.
p.
baTte^nv°eV ^eptksp^
*
Sam
1,117.831
$1.55
America,
521,514
40,700
—
Co.,
Inc.,
142,957
stock,.—'———-—
capital
River
Fuel
Corp.,
804,490
804,490
1,154,753
111,492 shares
uw—'
1,154,758
453,217
362,217
J.
'236.658
231,532
24,746,589
.
21,648,522
1
1
586,360
523,090
1947
payable and
States
for
Capital
Johnson,
and
accrued
accounts—
taxes on income-
foreign
stock
of
no
value
par
1945
$2,126,048
$1,992,132
2,706,035
1,969,80)
580,000
400,000
851,034
861,094
""
taxes,,1"
1,612,218
757,593
458,437
21.849,354
21,849,354
16,3lX397
13,527,050
.
(outstanding
shares)
—
21,001
'Earned surplus-
'
awarded
was
2.88%
at
Two
.
the
sale.
&
March
other
on
a
Farm'
98.16,
of
a
net
in
in
manufacture SS
of
has
bankers,
York.
New
Mi-.
98.30.—V.
(Inc.),
167,
-
,°f
such
Room
DeveTonment
Farny and elected at the meet-
Cleveland,
Co.
and
Whee'ing
director,
Steel
the
~7V-,167,
of
registered
1148.
p.
.
will
be
company,
Union
?VrIender of Coupon
Holders
Cliffs
previous board.
Mr
Wells is
Chairman
of
the
„
„
,
also
a
made,
the
in
No. 3.
bonds
receive
will
case
111.,
Chicago,
of
interest
n district
Presentation
soiidated
of
said
bonds
made of
mortgage bonds,
or
$10°
and
or
^i-000
certificates
Commercial and Financial
William Dana Selbert
office™
Chronicle
of
therefor,
deoos't
PrJl r,?
135
Li lalle
St
W
Shicalo
C
(Reg
3
D
U
S
Rfees
Patent
II?" (Telephone
61
Broadway, New
account
of
the
fluctuations
in
the
rates
of
and
the
past
1422.
6
Feb.
thp
167, p.
following
and on
0613)V
percentage
with
1943
1947.
1947
% Inc.
'
—
9.2
218.483.000
6.4
229,234,000
—
9.2
215,379,000
232,428,000
21—
215,088,000
235,199,000
—
i.—-*
167,
comparisons
234,919,000
—
Feb.
218,458,000
4.9
1148.
p.
Commonwealth &
The
Southern
Corp.—Weekly Output—
kilowatt hour output of electric energy of subsidiaries
of
this corporation adjusted to show general business conditions of
territory served
for the week ended March 11, 1948, amounted to
weekly
33-2.898,054
in
compared
as
with
300,144,031
1947, an increase of 32,754,823
for the corresponding
10.91'%.—V. 167, p. 1148.
or
week
Compania Hispano-Americana deElectricidad("Chade")
—Meeting Scheduled for March 31—
held
be
the
At
were made: On May 9, 2V2 % in
24. 50 cents, plus an extca of 50 cents.-
of
on
be
March
31
in
general meeting of
Grand'Rue, Luxembourg.
general
extraordinary
meeting,
the
amendments
company
to
by-laws
stockholders
fact
the
that
of
owners
the
"Chade,"
of
shares
the
of
whose
capital
corporate
stock
"Sodec"
of
could
seat
is
"Sodec,"
not
in
Madrid,
in view
and
be
yet
de'ivered
^LaPyrs' ^ferrde^fe' Ac^ o°f March^'3, 1879^
York.-N. Y, under the ac,^
Othe
Other•
oun
for foreign
j tjonl
subscriptions
and
Piopp
New
(general
York
news
8
and
(general news an
Subscriptions
to
them, deposits of "Chade" shares will be accepted .'n lieu of the shares
of
"Sodec"
be
their
holders
are
entitled.
The
"Chade"
shares
March 25 with one of the following
Guaranty Trust Co. of New York; Chase
of New York; Credit Suisse, New York
deposited at the latest on
depositories
National
which
to
In
New
Bank
of
York:
the
City
249.
Port
will
the
considered.
the
become
the
that the ordinary general
announces
extraordinary
I he
and
meeting
will
payments
Sept.'
1
remittance
and
——
—
28
must
V.
Co.—Weekly Output—
Ended—
13
3Q-Tn19i047
commm"to*;
weeks
four
Week
March
Pictures Corp.—2&% Stock Distribution—
The directors have declared
a dividend of 2'/a%
in common
oifX common stock, payable May 14 to holders of record April
William B. Dana Company^,
ravprv 'Thursday
Manager.
Published twice a week^tevery Thursday
exchange,
it of $45 000 ill the bids).
at company s
York.—V. 167, p. 1148.
Office)
State
r
have
as^second-class matter February 25, 1942, at the post office at New
•;
in Dominion of Canada, $38.00 per year.
Nr£wcan Un5on< $35.00 per year;'in Dominion of Canada, $38.00 per year.
NOTE:
On
fixtures
:Columbia
and
Business
of
remains at $3,000,000. Surplus of the company on
$5,357,358, making total capital and surplus $8,357,358.—
was
p.
Societe D'Electricite (Sodec) Sa.
is inviting bids for the purchase from
due 1973 (coupon rate is to be specified
received up to 11 a.m. (EST) March 23
oc
The
board
Electricity output of Commonwealth Edison Company and associated
companies, excluding sales to other electric utilities, for the
week
ended March 13 showed
a
9.2%
increase
over
the
corresponding
week
a
year
ago.
Following are the kilowatthour
optput totals of
As
of
amount
the
p.
debentures
office,
gold bonds, series
principal
stock will be
now
buy machinery, trade lixtuies ana
,
Th» corporation
District Court for the
on March 4, 1948, that
certificates of deposit an initial
Per
-
of Debentures—
order entered in the U. S.
of Illinois, Eastern Division,
be
of
Va.—Registers with SEC
on March 16 filed a registration statement with the
40,000'shares of 5% cumulative preferred stocx ($50
49 431 shares of common stock ($2.50 par).
Underwriter;
Y;Columbia Gas & Electric Corp.—Bids for the Purchase
York;
.
mortgage 20-year 5%
recommendation
a
split 5-for-l, by changing the capitalization
150,000 shares of $20 par value.
par value to
Commonwealth Edison
,
company
coupo'n
presentation
:
' •
: '
checks by mail.
on
000
consolidated
approved
be
capital stock
31
March
,
director of Wayne
held. Proceeds will be used to
equipment foi new stores. V. 1
of
^be Purchase money mortgage gold bonds, both due Feb. 1,
th^' and holdors of certificates of deposit therefor, are being notified
vJ^10n wil1
.
,
Pump Co. and director and
of Minneapolis Knitting Works.—V. 165, p. 1997.
Swillbe
t0
'
covering
nar)
lQaa
Nn,XPursuant
and
Iron
Colonial Stores, Inc., Norfolk,
The
either at 52 Wall St., New
Station,
Dec.
—V.
Chicago Railways Oo.—Initial Payment to Bondholders
Holders
Corp.
Co.;, William A. Hiles, Vice President, Central
National'-Bank" Cleveland,'and William F. Miller, Toledo, President,
Johnson Rubber Co.
Mr. Miller is the only director who served on the
Cleveland
St. Paul & Pacific RR.—Interest
interest
of
732,
The
been elected President to succeed Eugene R.
WdPs was nemed at a special stockholders
There will fce
Hemphill
Noyes ■&' CO., New York.
The new common
payable on April i, 1948 to holders of general mort¬
4 )/2:%
income oonds,
offered
at a rate of one share, for
and
72 'c. income bonds, series A, ana general mortgage convertible
moirgagc tuuvuucxcu present stockholders ,1
; t;
'
h,lv
m»ohinerv
trade
at
have
stock
from 30,000 shares of $100
held
SEC
bonds, series B, an annual instalment of interest
being the interest for the year ended Dec. 31, 1947.
stockholders
directors that the
on March 11
were I. G. Bayer, Treasurer for the past two
Arthur W. Percival. President and director of Te'ecoin Corp.,
New York
and Edwin Williams, Toledo attorney.
In addition to Mr.
wells
the'other three directors are W. R. Bur well, Chairman, Brush
interest
4;f% income
•
-
-Split-Up of Stock Voted—
board of directors was increased frcm three .to n" V. 163;
The three directors nominated by Mr.
ing
1148.
p.
167, p. 249.
Columbian National Life Insurance Co., Boston, Mass.
V, JM, P.
age
or
156,679 in-1946.—V.
Incrmed
foi' the
2\/r,
nds, at the offices
shipments
years
each naming a 2%% couppiv were *
were:
Halsey, Stuart & Co. Inc., 98.76,
Chicago, Milwaukee,
Payment
to
Actual
1947
sa"es increases
market
seven.
•
•"
bid
amounted
1948
period
same
the
market
value, $1,045,445 in
1947
and
$995,731 in
1946.
price, $3,145,054
in
1947
and
$2,859,140 in
1946.
tAftcr reserves of $105,264 in both years,
8After reserves for depre¬
ciation, depletion and amortization of $39,693,755 in 1947 and $38,-
bids,
They
Co.
16
the
with
$45,193,511 $41,078,867
"•Quoted
Porcelain Steel Corp.—New President, etc.—
investment
from April 15, 1949
'
for
Total
tQuoted
'". Charles C. Wells, Vice President of Mullaney, Ross & Co., Chicago
priced to yield from 1 50% to 2.95%, ac¬
and, Harris, Hall
;
of
Co.
$45,193,511 $41,078,867
The
]Clyde
.
7."*. ;.i
The certificates, maturing
were
„The issue
^
"
"V
cost)—
Pipeline
839,477
3,639,296
3,704,119
521,514
■.
Minority interest in subsidiary companies—
Capital stock
———j—'
Surplus
—J
01086
saving of .$600,000 a year in p'refe'rred
retirement
of two-thirds of
the shares
with
'
unn
844,043
3,433,221
4,422,277
^
Capital surplus
ancl *«"« shipments,
those..
maturity. ,
Associated in the offering are ;
& Co., Union Securities Corp. and Stroud & Co., ?
prexel
cone
1,127,000
LIABILITIES—
1946
1946
.
$6,401,251
724,000
cost)-—
Total
working
t
stated;
Gaa
than
cording to
w
S.
repre¬
31
1947
cost)—
(net)
SFixed- assets
$12,316,670 $10,686,808
-
p^duction fadllt^esy recently ^tfstailed
°m
March 17 offered subject to ICC approval $1,800,000
2%% equipment trust certificates (first equipment trust
.
(at
(at
capital stock
United
profit after charges and taxes—■f_>—1—805,622
Earned per common share—$1.10
on
.
DEC.
Notes,
1041.
Net
io-SimVi^ BS4 onn
^ V
hki^ nof kept nac?
.
cceived
SHEET,
■.
fOther. security investments,,
accts. receivable, etc. (less $28,484 res.)
(net)
I_,——
Patents, goodwill,
etc.L-v—-—$2^—'
Deferred charges
consist
1947
-
-
1,. 1943.
Feb.
Chicago Indianapolis & Louisville Ry. — Equipment
Trusts Offered—Salomon Bros. & Hutzler and associates
of
(at
Mississippi
-
Reserve
sales',-——
-meeting at which the
,
;..
xi—
Gas
shares
:v
^21
prior
loans
emeftorrewings™60"10"' d^es not preMaHy have any p'ans BS 10
cost
securities
—
capital stock..^
tInterstate
Natural
Gas
a'l
of
BALANCE
-
.
...
shares
in
from
accrue
whole or M
assets
any
bank
of
payment
Interest
2£MW*.
^
'CiTtatat
without
.
and
U.
of
maturities
The
by
depletion
of
obligations
receivable
Investments
total of 250,000
a
company's!
v
Calendar Years— vN
President,
made
depreciation,
•
.
assetsu
Government
Inventories..
"During the .year 1947, there was a greatly increased expenditure
semi-annual in¬
for national advertising and sales promotion.
Also, the introduction
$400,000 from 1948 to T955 and bear interest at rate
of several new products, which were not on a profitable basis in 1947,
of 2.9%., while the insurance
company
loan will be payable in like
^Qfiino <n
sem-annual instalments from 1955 to 1962, and bear interest at
rate^limning well ahead of 1947 and
of.3.5%. Payment of. the insurance c.ompanv loan war-1 Commence
loans
...
2,579,549
$7,357,383
S.
Accounts
$9).
(par
Clopay Corp.—Earnings—
company.
iThe
stalments
•
.
assets
;
"Marketable
tsix months ended Oct. 31.
\
1.1
net
net current
Accounts
Net
i.
for
—
shares
PURPOSE—Net
New
$3.29
,
$2,646,901
CONSOLIDATED
shares,
capital and used for general corporate purposes.—V. 167, p.
National
of
assets—
Pre-emptive rights with respect to,;the
21.278' common shares offered hereby have been released by the share¬
holders through Dec. 31, 1943.
\ •;
subsidiary,$
share.x»,u„,,„,.,,^.
0.58
0.23
shares
167,
$5,307,861
$3,76
^
—
provision
0.77
1941.
53.122
the
7,195
175,490
income_x__
on
0.15
1942___„._
104,456
$3,360,000
Co.,
sents
-*,u2
1940._
standing
90,983
2,100,000
299,314
taxes
2,825,000
•$6,064,196
3,224,436
foreign
foreign subsidiaries, included at
dollar
equivalent, aggregate $491,744 in 1947, of which $322,258
Share
0.99
178,072
of 200,000 outstanding shares of common
and $2,240,030, respectively, from
York;-First National Bank, Chicago,
Bank, New York. T5 secure the loans, company
will pledge a gasoline
plant and interests in certain oil and gas leases
covering about 24.000 acres in-Carthage Field,/Panola County,
Texas,-y
and in certain related
gas contracts, without recourse to other assets
and
Alter Taxes
1943
93.233
paid
per
NOTE—The
Per
0.50
cf
-
Panola
,
Earnings
Net Income
89,580
Chicago Corp.—Loan for Preferred Stock Redemption
whereby
Ay;'"1:'.1
:
Per
assets.._____w^...._;_
6.833
amortization.
*Net
($9 par).
In May, 1947, company increased authorized common stock
from 120,000 shares;tb'250,000 chares, and declared a 50% stock divi¬
dend payable June 10, 1947 to stock of record May 31, bringing out¬
ac-.
On Feb. 26, the stockholders
approved a proposal to borrow $12,'COO.OOO for purpose of retiring its preferred stock. Company has made
arrangements
will borrow
profit
•After
CAPITALIZATION—By a four-for-one split in October, 1946, the out¬
standing 29.287 shares (no par) stock were changed into 119,148 shares
Incorpo¬
Y.—V.
N.
Net
Dividends
v.
-
30
t,;'
•
fixed
the
counties
,
JUNE
of
Minority interest in earnings
the company paid dividends,
totalling 33Vbc per share in 1346, 75c per share in 1947 and is currently
paying at the rate of 25c quarterly.
fund, $148,030 of refunding and improvement
bonds,"-series D. clue May 1, 1396,' at 100 and interest.
will be
P. 1148.
of May
redemption HIS
21
-I
'
DIVIDENDS—Based
sinking,
mortgage Vk %.
Payment
for
•-'/
p:,On 178,722 presently outstanding
.
indenture
Chesapeake & Ohio Ry.—Partial Redemption—
been-muled
in
disposal
on
United States and
require¬
commenced
1944.,-
granting the application may be issued by the Commission
time after March '25, 1948 unless prior thereto a hearing upon
application-is ordered by the Commission.—V. 1(»7, p. 647.
have
division
appliances
1945_.'-___-_'
at any
There
filling
as
Loss
Other deductions
depart¬
t,2b,vU'.
184S-.
An order
the
Tnis
1945.
ENDED
tl947—J_-_'_'.; $545,867-$3.05
dividends.
on
1,
V'jj^•
issued under the indenture dated July 15, 1945 and due
Jttly 15, 19G5; (3) the provisions of the'indenture dated July 15, 1945
ate substantially the same
as those of the proposed indenture to be
dated Jan. 15, 1948 with the exception of necessary changes in dates,
redemption prices, sinking fund amounts and various other matters
an
YEARS
Earnings
1
debentures
and
major
Feb'.
on
X: "Net
■',
1948, and sell to one institutional
investor, who will purchase for investment and not with a view to
distribution, $4,180,000 of 3 lA%' unsecured debentures due July 15,
1965; (2) Champion
has outstanding $12,968,000 of 3$
unsecured
of
well
as
Division—this
various
Ohio
plant.
Earnings
company
indenture
the
Home
recently
a
production
own
of
northeastern
Grand
manufacturers
Distributing
drstvibutiorv
•
in
has asked the SEC to permit First National Bank of
Cincinnati to act as trustee for an issue of debentures.
The application states that (1)
Champion proposes to issue under
The
other
company's
Cleveland
wholesale
Champion Paper & Fibre Co.—Private Financing—
work
porcelain to steel in
24,787,301
5,021.186
profit
"
Central RR. Co. of New Jersey—Hearings Recessed—
1946
$41,106,104 $34,363,005
-—p—
Cost of sales and o.her operating expenses'—2*Sellxn®» administration and general expenses—„
.
N.
Y..
Rfictor
2-957U.
iieroeri;
u.
oemen,
advertising Issue) with a statistical
Copyright 1948 by William B.
in^ United States^ fj.
advertisements must be made In
r-aaor
ana
issue
on
Dana
Company.
ruDiisner;
Monday].
Other
Reentered
S. Possessions, Territories and Members of Pan
New York funds.
4
Banque
gcncy;
.
Beige
l'Etrangev;
pour
Harriman
Brothers
Brown
or
■proxies, which
"positorio'h
available
are
Luxembourg, at least
meeting, i.e.,
Holders
tne
at
of
.ate~t
"Chade"
shara.
per
.iled
to
one
Net
of
share.—\L
per
1G7,
Conlon-Moore Corp.—$1.50 Preferred Dividend—
The
directors
share
per
..olders of
.aade on
record
Oct.
Payment
Moore
of
assets
current
167,
share
stock
Earlier
1947.—V.
also
was
payments
167,
on
arrearages
the
on
Profit
after
all
ing charges
Inc.
&
1948—6 Mos.—1947
final
to
13,052,014
taxes
R
Consolidated Edison Co. of New York, Inc.—Output—
The
company
tricity
announced
17
that
System
of
output
kw'a.~
Local
11%.
compared
the
tor
d.str but
w th
of
on
electricity
193 900,000
increase
an
of
week
corresponding
kwh.
for
of
1947,
of
increase
an
amounted to 209,700,000 kwh.,
the corresponding week of last
*
"Last-In
First-Out"
inventory
accountaig and other adjustments.
On Aug.
13, 1947, there was a change in accounting method in that whiskey
and spirits purchased since that date by a subsidiary in the United
States
"Last-In
Financing Delayed
The
previously
proceeds
the
In
that
announced
call
to
the
to
be
not
sell
to
of
with
profits,
of
the
P.
out¬
Feb.
company
to call
the preferred
Company
the
of
has
not
financing
the
call
shares
for
redemption
the
received
yet
dividend
date
May
on
will
1948
31,
Stanley
If
Mr.
approval
be
not
aole
to
been
reduced
by
three-month period
approximately
and $8,000,000
Manufacturing
2418.
Vice-President.—V.
166,
p.
Petroleum Corp., Eastland, Texas—
suit
March
the corporation
11
and
U.
in
District
S.
Court
registration certificate
a
required by law.
as
Unterberg,
land
been
obtained
investigator
"wildcat field"
operates a
through sale of
(Peter)
the
for
Eastland
near
-
...
Commission,
and
York
New
,
Has Record Number of Stockholders—
,
,
•:
.
.
:
-
The company on March -11 -announced that Its number of stockholders
in 1947 attained a total of 156,842. an increase over 1946 of 1,645 for
in
the
company's
history.
figure.
about
and
'
in
that Dixie-
Doelger
Judge
submitted
Brewing
Thomas
$45,000 has
Corp.,. Harrison,
of
Gage Brady,
New
York,
Jr.,
has
committee.
"
Chairman
been
He
the
of
e.ected
takes
of National
board
and
trustee
a
full.
by Mr.
balance
Artaserse
plan
had
called
creditors
secured
for
to
were
be
out of
future
/'
to be
creditors
paid- 10%
within
profits.
The firm
ago.
'
|
-
,
in
.
,
15, has placed privately with New York Life In¬
surance
Co. $15,000,COO 3% first refunding mortgage
sinking fund bonds, Series S, due in 1978.
Proceeds of
the loan, it was
said, will be applied toward the com^
pany's 1948-49 construction program.—V. 167, p. 1041m
to
the
filed
after
snd
New
nounce
DC-6
1947,
Gas
March
filed
15
registration
a
statement
the
with
debentures, due 19St. The names of the
underwriters will he determined
through competitive bidding.
Proceeds
will be added to
general funds for purchase of additional capital ktock
in the
company's operating subsidiaries.—V. 167, p. 1148.
This company on March
15 announced
that it has agreed to pur¬
chase one of the former
Wright Aeronautical Corp. plants in Paterson, N. J., from Webb and
Knapp, Inc., New York. Hans A. Eggerss,
President
of
the
Can
company,
said
that after certain
building
"hanaes M*-»
the plant will be equipped for the manu¬
facture of cans for food and other
commodities, and may eventually
place
March
plans
March
20
a
and
21
the
and
from
DC-6's
its
on
coast
back
coast
to
its
on
to
Braniff
coast
«■
airline operators
last
November
97
voluntarily
accident to
were
following
an
the
investigation
to
remove
came
lengthy
a
possible
any
list of
hazards
involved.—V.
167,
846.
p.
V
,*
modifications,
others
and
have
been
major
..
made
and
as
many as 2.000 men and women.
plan* comprises
three principal buildings
with a total land
of almost
17 acres and a total of
more
than 700,000 square
The
feet
of
building
The
space.
largest
unit
is
single-story
a
S60 feet
building.
long and 430 feet wide with part second floor and mezzanine
end of the building.
This will make the fourth
Continental plant in New Jersey.
Other
metal
container operations are located in Passaic
and. Jersey City,
and a paper container
plant jn Newark.—V. 167, p. 152.
at
either
.
dl-methionine.—V. 167,
stockholders
company's
167, pp.
March
on
long-term
250 ana
Hugo
beef,
W.
March
on
Werin,
lamb
Mr.
8
to
ill
a
15
debt
941).—V.
to
Vice-President
retired
from
the
Brothei-s for
in
charge of the
Cudahy organisation
as
tion
on
***
directors
j™*81* °J*
record
March
on
of
of
the
The
March
A
were
the
beef, lamb and veal division
Cudahy organization since
10 declared
regular
dl-try-
the
1920.
a
year-end
payable
remi-annual
dividend of 50 cents
March
27
distribution
to
of
holders
50
cents
of
and
new
to
to
increase
$12,500,000
an
initial
V.
par
$20, for each
four
of
common
stock
167, p. 744.
owned.—
Dayton Power & Light Co.—Purchase
Approved—
Utilities Corp.
Detroit Edison Co.—Probable
Financing—
SR
company's
outstanding
v
-J
finance
present
was such
Weekly Output Shows
Output
_
^5'
*eek
in
above
°S 1%
from
in
Pennsylvania,
latter
will
take
and
over
the
operate
mining
operations
property
adjacent
to
the
This has
the
0T?r
position
with
respect
to
bonds
Decline—
the
13,
1948, amounted
135.773.0C0 kwh.
120,741,000
kwh.
for
at
61.115.000
to
for
the
kwh.,
134.730,000
the preceding
corresponding
an
increase
of
for the correrponding week last
on April 22 win vote on a proposal to retire 250.000
* preferred stock and 499,940 common shares now held
treasury.—^y. 157^
545.
,
the principal
was
P^ant at Beliville.
that
with
formerly
N. J.
the
new
plant
housed
17
that
this
Stuyvesant Falls,
of
the
and
the
same
of
the
new
time,
in
Mr.
com¬
N
the
to
Electric
The
an¬
Gas
Pennsylvania
and
New
England
under
its
the
Under
vnll
Power &
Public
the
receive
shares of
classes
Utility
agreement
6la
of
an
of
a
for
Holding
each
Company
share of $7'
shares of common
common
agreement
securities
stock of
with
a
165,
United
at
sub¬
of
1946.
3:03
to
1
26G9.
p.
Co.—Merger Ratified—
March
on
12
approved
the National
March
on
the
Linen
13.
proposal
to
Service Co.,
See
also
V.
merge
the
167, p.
this
consolida¬
941.
a
also
the
member
a
director
a
the
served
of
the
of
corporation
executive
Northwestern
He
Sash
as
appointed General Counsel
Jan.
on
&
Canadian subsidiary.
legal counsel since 1935,
Ltd.,
was
staff
-r v-vv'..
committee of the
executive
Macleod's
founded.
was
the
of
Door
is also
He
1946.
1,
Co.,
Falls, Minn.
Fergus
President of Unit—
have
office
of
of
Macleod's
elected
R.
Ltd., Winnipeg.
M.
Chairman
Macleod
of
the
of
Canada,
whollv-owned
Columbia
a
British
Victoria.
board.
Macleod
Mr.
was
as
Director
formerly
Ralph Schwartz
was
ol
radio set manufacturing plant at
Clyde, N. Y., 40 miles
Syracuse, N. Y., was placed in operation by the corporations
of
receiver
division
model
other
March
radios.
receivers
15,
it
is
announced.
Additional
w?ill
lines
eventually
bet
to
The
plant
the
cover
set
make
will
manufacture
it
there,
up
was
of
said.—
New Product Announced—
diamond-stylus
3
or
bv
mil
G-E
radius,
broadcast
Transmitter
variable
and
Division.—V.
reluctance
associated
stations,
has
167,
p.
with either a
equipment for its
this company s
pickup,
transcription
b*en
announced
by
1150.
General
Precision Equipment Corp.
—
Banks—
-
On
stock
of Electric
Corp. and 4%
Feb.
evidenced
Jan.
on
2Vfe%,
or
be
11
the
by
1951,
at
a
York
used
corporation
no'es
31,
New
borrowed
payable in
and
rate
of
*4
each
of
1%
on
of
Jan.
above
the
31.
from
1952.
Federal
discount rate,
for
amounted
whichever shall be greater.
general corporate purposes.—V. 166, p.
13%,
over
to
151,030,554
kwh.,
the corresponding
week
an
of
for
fro*11
•. ■
three banks,
will be due
and 1353, W
which -25%
General Public Utilities
Corp.—Weekly
or
Borrows
v
$1,000,000
instalments,
37»4%
The electric
output of this corporation
1948,
Gas
end
stood
a
new
west
representative hold¬
of reorganization
preferred
$2.36
'■
showed
the
at
liabilities
373,705
$1.40
year
General Electric Co.^—New Plant in
Operation—
A
plan
Act,
Reserve
BanK
The proceeds
2557. u 1
Output-r-
the week ended
» '
March 12,
Kwn.r
of 17,373.860
1947.—V. 167, p. 1150.
increase
K
new
holding companv. which will have 4 400
shares outstanding and which will
own
Electric s present holdings
in Arkansas Power &
Light Co., Louisiana Power & Light Co
Missis¬
sippi Power & L ght Co. and New
Orleans Public Sendee Inc '
-
^ch share of $6 preferred
of
United and 4.1
shares of
stock of Electric will receive
the new holding
company
5.9
shares
Each share of second
preferred stock of Electric will
receive 6'7
shares of United and 4 3 shares of the
new
holdirg company
Tne remaining assets
will thereafter be
distributed among common
stockholders and warrant holders of
Electric.
The plan is expected to be filed
with the SEC
early this week.
Weekly Input Increased 19.3%^
For
of
reported
current
President and Managing
Winnipeg. Manitoba.—V. 167, p. 1150.
Light Corp.—Plan
Accepted
has reached
several
of
Elected
of
0
corporation
of
377,705
earlier.—V.
year
1946
v-
$32,552,401 $28,733,476
626,268
966,575
$2,505,885
to
;
,
of the soft lines division, has been elected
director, and W. P. Berghuis, General Counsel,
Secretary and a director.
Their terms begin imme¬
is
directors
the
will
ers
one
the company
New
Silver
Edison
941.
p.
to
Y
for
167.
dis¬
being
products
1947
.
assets
into
is
and
member
a
use
Medical
the
its
;
.
plant
basis!
food
now
director
named
President
Medical
company's
altogether
At
opening
Jersey,
th~ 60.880.000 kwh., for the preceding week,
*1S7 pf
become
which
March
1
Berghuis has
the year
2.5
Edison, Inc.—New Plant in Ooeration—
on
Pennoek.
Pennoek
table
has
000
ctima'ed
s^fchoiders
^
the
plants
31,
President.
in
1149.
p.
C.
been
Mr.
Associates—Sells Mine—
Consolidation
Division,
—V.
„
Diamond Match Co.—To Retire
Treasury Stock—
in
in
varns
a
year.
la!es
year—V
synthetic
will
for the first time
produce oxygen for industrial
pur¬
eastern
markets.
The Medical Gas Division
has specialized
manufacture of various types of
medical gas which it widelv
distributes in New York, New
that
the week ended March
decrease of 0.8%
last
a
working capital.
of
current
with and
subsidiary,
off
pay
the
m
1949
kwh., a
has
167,
Edison, President, announced
inaugurated operations at its
has
pany
plant
Gas
poses
new money probably would be
between ssle of new bonds and stock. It was
said to be
probab.e that band*
wouM be sold later this year and that the stock
sale would be
delayed until
rii
the
of
(Thomas A.)
two-year expansion pro¬
estimated to tost $60,000,000 were announced
by Prentiss M.
Brown. Chairman.
He said no definite
plans or details of the financing
but
to
to
other
acoounts
diately..
167
Charles
gram
available,
weaver
rayon
Division
belcw.—V. 167, p. 1042.
Plans for the
sale of securities to
are
added
throwster
used
Aug.
Modesto, Calif.,
nationwide
a
and
;
the
becoming effective
A
Lake
United Public
be
be
to
are
on
active
share—
from
stockholders
The
1150.
p.
nounced
See
will
and
'
shares—
common
of
company,
Federal No. 3
mine, located between Fairmcnt and Morgantown W. Va.
The amount involved in the
transaction was not disclosed —V
quarterly dividend of 25 cents
shares
-
tsee
1149.
$4,200,000
balance
ended
year
is
•>
Vice-President and
has
This company has sold its
Federal No. 3 mine at Everettville W Va
the Pittsburgh Consolidation
Coal Co.
Consolidation Coal Co
a
Pittsburgh
preferred stock,
payable April I to holders of
rfCO£i March 20. This stock was issued as a dividend to the common
stockholders cn Dec. 31, 1S47 on the basis of one
share of 5% prestock
loan.
the
ex¬
Gamble-Skogmo, Inc.—Two New Directors—
n
p-3id in January of this year.
directors also declared
V*T
and
corporation, largest commision
subsidiary
t*1® common stock,
20.
an_?xtr* of $1
loan
tomato
has
March
of
Loan
Virginia.—V.
Davega Stores Corp.—Year-End Common Dividend—
The
proceeds or the
bank
Eastern Gas & Fuel
head
The
by Ernest C. Geier, President.
country and a leading
North Carolina and
health.
member
the
is
chains
1,800
taxesl_„_______!
increase
company
loan of $5,000,000 from the New York Life
Insurance Co. under a 3%% note due in
1963, it was an¬
Of
Distribution
nearly
Galland Linen Service
*
a
nounced March 17
fiscal
Stockton
Dairies, Inc.—Earnings—
against 2:57 to
as
^
proposal
a
$7,500,000
p.
in
companies,
the
among
of common
ratio
E.
approved
from
167,
Corp.—Arranges
the
*
840,
p.
and
division,
is succeeded
J- Stewart,
167,
director
a
veal
due
Wesin
by JC—V.
ard
The
problems-
Privately—The cor¬
poration has concluded arrangements
through Lehman
term
Valley.
Joaquin
after
per
stantial
433.
p.
the
are
Working capital of $3,436,117 at the end of the
Mr.
Duplan
The
Cudahy Packing Co.—Official Retires—
v
Dresser Industries, Inc.—Votes Debt Increase—
The
income
Earned
routinely
■
primary producer of synthetic amino acids,
substantial price reductions on quantity orders
announced
line
to
provide employment for
area
Net
some
intended
structural
.
for
:
Number
planes,
This company,
the
financing,
share.
wholesale,, grocery
Foremost
Dow Chemical Co.—Price Reductions
Announced—
V.
San
Sales
..
luxury
incorporate various changes which would
the planes remained in service.
No
ptophan
the
per
present Flotill plants
Calendar Years—
,
International
had
were
the
San
.
of
three
route
Miami
Airways will an;
specific date for resumption of Houston-Chicago
300-mile-an-hour
Flotill
coast
resumption of service between
•
big
service
Bryce Canyon, Utah, and the emergency safe landing of another
Gallup, N. M.
"
Out
1
Continental Can Co., Inc.—To Buy Wright Plant—
lirst
route
Airlines
early in April
designed
covering $30 000 0C0 of
wilr
DC-6
Italian-type
the
contemplating expanding
include other fruits and vegetables.—V. 167, p. 1150.
at
one
N. Y.—Registers With
Co.
SEC—
United
York
grounded by
at
Consolidated Natural
15.
the
in
time
net income, after taxes, of $1,939,783 for
Aug; 31, 1947.
Earnings per common share,
full year's dividends on all preferred stock to be
a
after
was $2.25
Leading
im¬
greatly
was
,
resumed
service;
Of
and
it
15,
pear-shaped,
that
ended
year
allowing for
outstanding
-
the
Since
reported
company
fiscal
The- company
National
1.
modified
and
supplied.
Airlines
March
the
March
is
1947.* '
The
...
8 by
Francisco-Honolulu
April
by
on
selling
$5,800,000
a
this company and five major operators—Amer¬
Panagra, National and Braniff.,
United.
American
service
planned
A
common
wide var ety ol fru ts and vegetables, although
tomato
products comprised
52%
of
production in
include
tomatoes
soil.-
are
is
^
that
found
had
California
tributors
DC-6
March
on
of
-
announced
Douglas
jointly
on
resumption
-
•
She
on
panded
Douglas Aircraft Co., Inc.—DC-6s to Resume—
proved
Pre¬
being
fiscal
paid
had
,
.
is
markets.
months and •/,
30
•'
"thrived
unsatisfactory to all creditors of the
was
their debts
of
Nationwide
of
March
on
also
done on behalf of the company and certain stockholders
including M'ss We sberg who-started the company with $10,000 in
1934 and built it into
an
$18,000,000-a-year business in 1947.
Miss Weisberg
organized Flotill tc make tomato paste for eastern
It
petition for reorganization under the national bankruptcy act several
ican,
companv
is
woman
^
.
V
trustee's
Unsecured
the
a
City
member
a
the
Consolidated Gas Electric Light & Power Co. of Bait.
—Places Bonds Privately—Company, it was announced
The
he
Calif.—Registers
Floyd D. Cerf Co., Inc., Chicago, is named underwriter.
price of $10" a share for preferred and $8 a share for
stated in the - prospectus.
The total financing aggregates
\
-
a
The
place on the board left vacant
by the recent death of Gordon S. Rentschler.—V. 167, p. 1148.
*
■**
SEC
which
...,v-
N.-.J.—
F.
company.
months
William
of
shares
-
the''SEC.
>
New Trustee and Member of Executive Committee—
Bank
Inc.,
company,
385,000
—
-
said
Products, Inc., Stockton,
successful
the
•
.
The
holders of the common stock in 1947 was
increase of 1,645 over the previous year.
Holders of pre¬
shares numbered 32.804, a
decrease of 1,001 from the 1946
an
the executive
Hart & Cooley Co.,
p.
465.
and
166,
headed by M'ss Tillie Weisberg, said to be one of
executives in- the country, will offer
publicly '
of
60-cent cumulative convertible preferred stock '
325,000 shares of common stock.
The information is contained'
registration statement filed with the Ean Francisco office of
The
Meaney at Newark, N. J., on March 15
directed the liquidation of this coiporation under supervision of Peter
P. Artaserse, of Jersey City, N.
J., trustee. Judge Meaney said he was /
ordering the liquidation because a plan for reorganization recently
»
The number of
registered
ferred
Co.,
ferred and Common Shares With SEC—
> ■.1
common.
Liquidation Ordered—>
Federal
.
.
high
a
Flotill
at
two
.
application.
all-time
also
is
U
that it cannot announce a new time schedule-for the proposed
debenture offering until such time as the Commission acts on
its
124,03P,
..
Secretary, Vice-President and Executive Vice-President
Hp
director of Stanley Works, New Britain Machine Co.,
Union
Manager,
individuals, from selling Dixie.and
common
without first fl ing a registration statement.
.
'«
The SEC suit names, in addition to the: corporation, James F. Stratton, alios Jack Goetz, alias Jimmy Ross, alias Jack Ross, and Francis
B. Stratton,
They are charged with having sold shares without filing
David
states
an
Cooper has been elected President to succeed Mauricp
been elevated to Chairman of the board.
has been with this company since 1924 as Advertisine
M.
Cooper
period.—V.
1348,
six-month
elert^
ea
who has
Stanley,
not subjected to
they
had,
the
net
been
Britain, Conn.—New Pres.—
Fafnir Bearing Co., New
were
accounting.
have
would
January,
finalizing of
year-end
to
Jan.
inventory
1348,
filed
SEC
enjoin
The shares are
notice.
The company
Aug.
days'
30
on
it
The
to
1, next.
Commission
necessary
program
and accordingly
of preferred stock prior to
portion
redeemable on any
hand
on
taxes,
the
in
January,
Dixieland
new
of
had
requested
that the Commission act on
the
financing application in time to permit opening bids on the deben¬
tures by March 23.
It set this as the latest date which would permit
it
after
the
adhere
to
part
preferred stock
S. Commission
$5
York
New
able
$57,382,600
retirement
for
shares
2,188,885
its application
will
it
schedule
time
and
its
of
Firsi-Out"
subject
are
Johnson,' Vice-Presidents, have
J.
2660.
p.
—
planned
debentures
273,566
standing,
18
has
company
its
convertible
remaining
$5,000,000
8.1%,
in
to
and
accounts
166,
$19,269,993 $16,292,519 $38,398,579 $31,834,858
~
NOTE—The
elec¬
14.
..00,000
year,
March
on
tclsctvicity generated and purchased)
for the week ended
1948, amounted to 227,800.000 kwh., compared with 205.-
..larch
profit
V.
and
Evans
B
directors.—V.
Net
Co.—Two New Directors—
Evans Products
$27,479,677 $55,401,275 $53,718,952
11,187,158
27,002.696
21,884,094
$32,322,007
prof,
exc.
$366,234'
agreement
operat¬
744.
p.
1943—6 Mos-iq^
$314,978
$186,347
has been completed with the Federal Governnpnt
renegotiation of war profits of the comoanv
provides for refund to the government after credit for Federal
and excess profits taxes of
$40,678.—V. 166, p. 2660..
0me
(& Subs.)—Earnings—
1948—3 Mos.—1947
$105,711
after taxes
Net earnings
An
Distillers Corp.-Seagrams Ltd.
former
voted, according to Bernard J.
the arrearages were $1.50 and
the
on
1948—3 Mos.—1947
period End. Jan. 31—
relative
like amount was
initial distribution of
An
per
Corp.—Earnings-
Eureka Williams
at the close of 1947
company
846.
p.
Period End.. Jan. 31—
cents
the
$5,952,111, including $1,270,238 of cash
Current liabilities were $l,8yj,-
of
Government bonds.
States
semi-annual dividend of $1.50
stock, par $50, payable April 15 to
preferred
preferred
in
499.—V.
last.
to
touil
United
$2.16
$56,625.
of
regular
a
March 31.
President,
cents,
vo:cd
6%
15,
Corp.
ank.
0
have
the
on
dividends
preferred
consolidated balance sheet of
The
shows
and
307,215
$2.18
j
deducting
Turnquist,
*663,342
671,086
taxes
announced
was
$14,260,096 $12,575,436
—
shares
share
per
*After
249.
p.
—
—
common
Earned
George L. Turnquist as Treasurer and Common
on
March 11 by Norman E. Kevers,
Presideni vr
who
served for ten years as Secretary-Treasurer ^
Comptroller of the Howard Radio Co., was 'previously connected wuk
the First National Bank of Chicago.—V.
167, p. 941.
Wlth
Appointment of
A9!7™,.
profit alter charges and
No.
27.
B or C will be entitled to five
"Chade" shares, series D or E wiil be en-
Holders of
vote
March
on
sales
Net
shares, series A,
•
ites
Calendar Years—
the
the offices of
cepOoiced at the principal office of "Sodec," In
three full business days before the stockholders'
be
inu
the stockholders at
to
Electronic Laboratories, Inc.—New Treasurer-
Chemical Co.—Earnings—
Dewey & Almy
Co.
id
Monday, March 22,
1943
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
(12561
l0hS3.M°
kwh
62.277,000
or
193%,
over
the
Payment of the amount
interest for the six months
kwh.
corresponding
an
week
increase
of
last
of
year.
PaymentrepresenJ',^
called for by Coupon No. 7,
ending March 31, 1948. on'the 4% cU™u.,
tive income debentures
due Sept. 30, 1969, will be paid on Marc"
rk'
1948. at The Commercial National
Tru^t Co. of New
•
trustee, 46 Wall St.. New
York, N. Y.—V. 167, p. 546.
Georgia Hardwood Lumber Co., Augusta,
ters with SEC—
The
the week ended March
11. 1948, the System input of
subsidiaries
corporation amounted to
this
General Realty & Utilities
Corp.—Interest
company
Svc
(no
par)
Reynoias
on
March
shares
and
&
11
filed
$1
Co.
r*roceeas
will
Securities Corp.. A. C.
AUyn
Co., Inc.)—V. 167, p. 433.
a
statement withfb£
preferred
par). Underv?
•
1 selling
stockholders— (EQ
" &
Inc., and Clement A. Evans
registration
convertible
10,425 shares of
&
common
go
to
Co..
Ga.—Regis¬
e«mutative
stock
t$l
Number 4683
167
Volume
THE
COMMERCIAL
Georgia & Florida RR.—Operating Revenues—
--Week End. Mar. 7-
period-
1948
$5.,900
operating revenues.
Uj0-
w. '■
-V.
—Jan. i to Mar
1947
1948
$43,800
$483,976
SEC
Sai
Kg
shares are being offered pro rata
share for each three hed, at $100 per
11,571%
of one
share? 85 V3
on
«.-
This
22
June
on
CnSn?a' Illinois
a
,
AT
Vice-President ar.d Atlanta Regional
been elected a director. - •
Regional Manager of the Pittsburgh
Vice-President.—V. 167, p. 1151.
named a
teen
Trust
&
Co.
a 2%%
Cash
,
coupon,
in
Invest,
in stock
S.
and
equipment to
Accounts
revenues
Accrued
revenues
of
interest
33G
the
$2?2 951
Cr200
bonds,
Harshaw
•
Chemical
*
.
Co.—Earnings—
0
•
Months Bnded Dec. 31
3
Fed.
before
—V
167
23,204
r*
76.000
$394,4)7
$95,337
$1.88
$0.41
Ben
—
Earnings per common share___—.—
The
and
is workable.
proceedings.
Ltd.—Merger—
twn
of
mercer
A/iini
Teinnri
iSrjsFTz
&
mercial
Under
will
166,
annual
the
of
name
firm
a
prcduction
approved
merger,
the
retain
-v.
'
the
with
of
March
on
Hawaiian
$25,000,000 capitalization
138,000
tons
the
15,
of
raw
That
combined
Commercial
&
Co.,
of
John
H.
mailed
Pres cient,
stockholders.
will
price
be
$39,
/nnn £
Anrn
flpni
but
ab°ut
n,a
Mr.
r\
fi
no
v.
Ib7,
„
lull
,
Unofficial
ada, Ltd.
Smith
sales
said
the
on
agreement,
commissions
sale
the
F.
W.
I
as
1.7$
i
'
_
,
.
..
_
and
offer
an
denied
i
.
of
$50
.
.
there
was
and
of
for
both
General
Motors
in
the
Hayes
report
as .lar
as
Ltd.:
General Motors
1946
348,560
of
shares
now
Operating
income
_
—
_
_
_,ZZ.
7---
f
interest
$1,714,921
1,583,102
hands of the
Fred
$138,661
:
sales
$86,332
5%
1,087,700
—
1,089,315
$1,002,983
"
"Deficit
accruing
NOTE—The
full .interest"
Uniform
System
on
of
all
bonded
have
been
reclassified
Accounts
indebtedness.
William
J.
succeeding
combined
for
Electric
Railways
for
statements
in-financial
Chairman—
■
.v.:.v / 7'";::
Qn
Edward
J.
Gould,
'•
'
7,;;.:Z
■
resigned.
The
offices
two
•
stockho'ders
of
this
company
' 7'
7
\
.
essential
operated
for
over
, a member of Harris - Newmark & Co.;
present board as a nominee for a directorship,
proxy.
.
■
.
McGovern, Jr., James J. Crisona, Morris
Anthony Gaudiosi and James J. Cahill.—V. 167, p. 942.
Gold-
F.
.
'
.
A
Offered—Hal_3SiUart & Co- InC- dnd associates on March 19 of^red $4,997,000 2V4% equipment trust certificates series
Y at
prices; to yield from 1.25% to 2.55%, according to
and
the
■
'7
'
'
pay
said:
the
"If
AZ
«r
401
506
loss reported
of
by the company,
development
the
of
Ended Jan.
oper.
expenses
1,759,367
1,610,203
income taxes__
350.030
229'999
370 000
of
150,715
288^452
'
143,663
^276
.,
,
,
,
■
u;648
the
the tremendous
faclilt.es
2560.
p.
under¬
7
,
Corp.—Sales Lower—'
31—
1943
$8,885,000
1947
$9,272,000
Inc.—Reorganization Plan
—
has been filed with the U. 8. DistrictTrustees for the company appointed by
plan
a
with
Fred
Haiey,
of
Chattanooga.
!
to form a new corporation under the laws of
with 3,000,000 shares of capital; stock.
Stockholders of the
plan is
company
a total of 400,000 shares, or one
shares of the old company.
.
'
of the Lime Cola formula and trade name,
would receive
share for every four
get 750,000 shares, but will turn over to the new company,
undisclosed amount, the tit"e to the trade name and formula.
would
Haley and associates would receive
be
The
take
paid into the company.
new
corporation, to be
assets
all
over
the
of
old
located
at
company
for
1,850,000 shares for $100,000
Chattanooga, Tenn., would
except for the Montgomery
trustees' account, and certain claims reserved
by the trustees.—V. 164, p. 2019.
plant,
cash on hand in
War
Co.—Buys Leased Chemical Plant—
,,14,506
Assets
this
to
3,369,814
..
._
In
recovered
The Owens family, owners
' 292,766
;
be
Mr, LeTourneau
"are
production
war."—Vi; 166,
reorganization
proposed
predecessor
new
32<LOOO
143 663
v
sales
Albert A.
to
of
Tennessee
$5 406 321
$2,655,564
Jt. fac. r
of
soon
Z
$3,150,980
.'•••''fne/or) '
Equip t rente, (net Dr
$6,401,006
* 3,591,159
trend
the 1947 loss will
common
1947
close
Lion Oil
1
$7,094,038
-7"
President.
he
continues,
1947
2 Mos
$.,3/8,074
be receiving common dividend payments,
may
Montgomeiy, Ala.
have worked out
at
court
The
to
ZZTZ
Z.Z
10(,8
both
of
1948—2 Mos.—1947
$3,120,716
Ten 11.
Light Co.—Bank Loans
1n.
d'rector
a
Swiss
y/; v.
:.
LeTourneau,
program
the
plan
Court
borrowed $3,860,000 from six banks, eviwithin nine months. The proceeds
piant coustruction.-V. 166, p. 2661.
V
and
Kohler
^
Mr.
revenues
stallation
The
and
help
__
at
Larson
March
on
2
,
approved
sale
surplus war In¬
has been operating the plant upder a 15-year lease
the manufacture of fertilizer materials. The plant
company
will
Jess
the Ozark Ordnance Works, a
El Dorado, Ark., for $10,500,000 cash.
of
continue
estimated at 122,400 tons per year and will
Valley. '
acres of which
835 acres are included in this sale,
plus easements on an additional
land area of 4.48 acres.
.»,» ... <
'
Original cost to the government of the land and plant facilities
was
$27,914,639.
Of this, the real property cost $10,003,598 and the
has
,
Administrator
company
a
nitrogen capacity
meet the demand for fertilizer in the Mississippi
area
comprising the plant site is 3,215.95
Land
v
,
J
ry
•.
jg7"
y
'*
oper.
7
xr:n„^
$713,298 •; $496,370
income
_
$1,440,247
$1,033,235
943/
p
V
.
rmintv
,
7 7
,7.
T iffhtinff
.
SEC Ruling Upheld—
Co
Kings County LlgnilDff ^o.
nu
&
;
:
y
take jurisdiction m the pLalViJ,Zn rn ,r/ nf
tiQn of fhe company has been
upheld by the U. S. Circuit Court ot
Appeals for the second circuit in New Y"ork CityfQvnr
of
the
decisj0n was unanimous, all three judges voting
SEC against the New York P. S. Commission.
„nUolW<on
nf
the
Zb^heBterms of the SEC-sponsored p an for "capitalizaUon c,f the
company give preferred stockholders 92ty% of the n_w common stocK
Tb
.
Illinois Central
RR.—Equipment Trust
maturity.
Cailler
,
.7
oDer.
'
has been
according
inJ/j nominees of the ^tockholderV group for e'ection to fhe board
lUa
de tbe three men who make up the soliciting group—Charles A.
T~Zsie- Howard E. Norris and H. McKay Twombly—and Peter Beasley,
Hill, James
soon
Lime Cola Co.,
-
Lamont,
W.
Garthwaite, President, profits ware off 250.
after
taxes,
partly because of the fact that Lee Tire s announced
price increase of about 5%%
in tires made in December did not
become generally effective until the following month,
By the end of the calendar year,
the company had built up :
cash
balance of $6,700,000, Mr. Garthwaite declared, Indicating that
110 new financing was contemplated
this year.—V, 167, p. 849.
.
_
T?.,r.„\r,ctc
Federal
to solicit
and the
April 14.
the presmanaged
years."
40
^'ence D- Mayer,
fnH1"Bd by.,the
at
According
and 10 are
,
elected
Vice-President
largely respons ble for these red figures
Quarters
R'iiiwav
:'.'C
real estate agency. Harris, Newmark & Co., "despite the
Hudson & Manhattan RR. Co. has its own real estate departhas
7
shareholders
Lee Rubber & Tire
7V.;.:
this corporation
:f;\''
..
been
said.
taken
maturing
period End. Feb.—:
fJ ,aa outside
which
Peter
and
mechanical
embody 35
has
Lamont
has
Thomas
1948—Month—1947
G.
to
he
that
"-;7
.
late
retiring
the
$3,518,839
two months of 1948
end
is
("American
.
R.
letter
a
Gordon
LeTourneau, Inc.—Dividend Outlook—
to
said
of which there
.
and
Inc.—February Sales Up 12.2%—
stockholders
Concerning the
Railwav
z
on
a
.
,t0 the
It
Co.
&
the
King,
of
7
7'
;-7v'v';7
747.
serves,"
company,
notes,
,
-
March 17 began
complete recasting of the board of directors
uoagement of the road at the animal meeting to by held on
A major point of contention advanced
by the group is that
-Management proposes to have,the road's realty holdings
i
1%%
'
and the Peter Cailler Kohler Swiss Chocolates
...
—
to
1948 Car Models—
1.4
the
27
bv
cents
2V2
dividends again."
In 1947, one dividend
of 25 cents per common share was paid 011 June 1, while in prior years
the company paid 25 cents per shore- quarterly.
Mr. LeTourneau disclosed that recently
the company negotiated a
long-term loan with one of the major insurance companies.
"We
have paid off entirely
our short-term bank loans and
the company
is
in
a
comfortable working
capital position with ample cash re¬
A.
..■Kansas:■ I V
board,
have been
j.
for
peb
ripnrPfj
Egan, President, has been elected Chairman of the
;New Proxy Fight in Prospect—
nt
W.
Kansas City Power &
was
comparative
;i.'
Three
1403,
V.
p.
which
models
1948
7"
«e^cbQe uJed'for
President Made
Proves
Mil'iken
;
us
bv Cotwool,
to, get $172 per share.
are
943.
allowing
and W. G. Morrison has been named Assistant Director of Sales.
Cooper has been associated with Joseph W. Frazer, President,
,for
24
years
in sales capacities ■ at Chrysler,
Willy^-Overlanl and
other companies.
He has been with Kaiser-Frazer as Director of Sales
since formation of the company.—V.
167, p. 1152,
purposes,--
*'
In
first
L.
G.
President
also
p.
fR. G.)
has
Cooper
succeed
of
■
President,
Co., Inc., a subsidiary.
Lamont,
is a Vice-President
167, p.
The
Mr.
effective Jan. 1; 1947 and accordingly several items.relative to
u
77, "
been
succeed
to
succeeds
is
167,
sales
an
"After
'"'7
?.
President
elected
board
the
Corliss & Co.,
according
Liquidation—
nur-'hpsed
be
been
Period End. Feb.—
—V.
full
R.
to
dividend
partner in the New York Stock Exchange firm q
has been elected a director.—V, 166, p. 2560.
a
Lane Bryant,
7
sales
'
,
$349,039
public—at
)
been appointed Vice-President in charge of
MacDonald, who will continue as a director
of the corporation and a member of Mr. Kaiser's executive staff.
Walter
P.
deMartini will serve under Mr. Cooper as director of
'
•
the
'
*
"
Dcering,
New Vice-President, Etc.—
$1,669,434
income available for interest on adJustment Income bonds_____„_______^_-».7
Interest on adjustment income bonds outstandmg in
1
■'
Of the 35 new model improvements, 25 are mechanical
in body design and appointment features.
7? v'-7
.y
ad-
on
"77,
Gordon
Mr.
production at Willow Run, the *48 Kaisers, Customs,
Prazers and Manhattans are in dealer showrooms from coast to coast,
the company announced, at no price increase "at a time when other
new
car prices are advancing."
in
Now
1,576,260
.
of
extra
an
Sales.
Day
CO.—V.
$1,269,167
400,267
$1,400,787
_____
to
are
company—of
of
introduction
The
Net
•
of
of
Lamont,
$8,729,770
7,460,603
'314,134
exclusive
income bonds
.
1946
*
1;.47.
2,
has
Day
Lamont
Mr.
.
body styling improvements was announced March 14 by
for the four models in the Kai-er anrt Frazer series.
•.
$9,317,663
_I
income
charges,
justment
C.
Gordon
1948—8 Wks.—1947
.
,
taxes!7,916,876
income
rssets
Reporter")—V.' 146,
Cotton
.
University—2V2-Cent Extra Div.—
appointed Director of Sales.
K. Wallbridgc, who had
Chairman
Orleans
'
Kaiser-Frazer Corp.—Introduces
RR.—Earnings—
1947
and
expenses
and
1948—2 Mos.—1947
$10,635,328 $19,983,342 $21,337,17
Sales
outstanding.—V. ,166, p. 2104.
•
the
55 shares outstanding,
only
Wool
.
$2.38
$4.45,
_______
r-.
7
"
243,992
7
number
on
are
.
$415,743
194F—Month—1947
William
$8,978,005 $22,362,830 $17,615,823
to 82.8312 cents per share.
that
Jan.
on
Director
minority -si ockholder.s of,,Jjdsqn,
1947
•
share______.l„_____.,
per
Non-operating
•
Clive
P- "52.
lp48—4 Wks.—1»47
a
subsidiary—holding
understood that the
7
Co.—February Sales Deer. 6.6%—
regular quarterly dividend of ll/a cents per shar«
stock,
both payable April 10 to holders of recort,
of 20 cents was disbursed on Jan. 10, last, and on.
Harry A. Baum,
Courier r
New
'
reoommended
constitut
Wayne Hummer & Co.,
;
A me,eV"g,
st0!*h°,d°rs
bB beld Marcb 27f tP
ProP°sal that the corporation be liquidated, accoiding to R, L. Collett,
•
Tri
_
Grpsjs operating rcvenue________^7___ ■ ___i—^
n,
Reorganization—See
,
Frank, g; Dallls
and
V ''
the directors declared
extra
An
been
'
Bender
B.
Lamont, Corliss & Co.—Changes in Personnel—
(LouisvLle
,
,
as-
$776,018
Operating
■
by
'
be equal
$229,7l
Warren,
New Director Elected—
now defunct, resulted ill a series of pleas
a mountain of confusing legal matter.
iln
n
A.
the
and
cents
20
01
creditors, receivers, and
several other ges and supply
Judson Mills, Greenville, S. G.—Plans
Steel
.g
„
Gross
of
Canada,
of
Bearm* Co.—Earnings—
Hudson & Manhattan
;
monotonous
ex said dividend until further notice;, and that a'l certificates delivered
after Mar. 19, 1948, must be accompanied by due-bids.—V. 166, p. 2311.
offer,"
an
'
Schuyler,
,
Extension
12,
common
April.
reorganization
the
■
: Years Ended Dec. 31—
Income
such
Manager
profit
Dividends' paid
hip
of
The Exchange directs that the capital stock (stamped) be not ouoted
Can-
of
Hayes Steel Products
made
will
164.
p.
p
'Calendar Years—
Based
Motors
companies.
not
has
General
truth
no
V. 157,
n„]<
"Earnings
the
on
the
phase
share
per
that a cash dividend will be paid on April 5, 1943, to holders of capital £tock) other than Gulf> Mob:1? & Ohlo RR. Co., of record at the
close of business on March 19, 194%., The total amount of cash to be
distributed is $5,335.16 which will1 be prorated, on the basis of the
number of shares outstanding pt the .clo-e of business on March 19, 1943.
This
2
$26.8
1045.
March
On
Net
.
W.
Kress &
LaSalle
*
The New York Stock Exchange has received notice from this company
-
,
that General
share
a
by officials of
General Motors
President
Hoover Ball &
,
and
dropped
for rcor-
Joliet & Chicago RR.—To Pay Dividend—
■
.
Wecker,
that
i
:
:
_
Canada
Vice-President
as(concerned.
iqjc
whether
final
Kv.
'i
fees
escrow
,
Tt
_
said
A.
serted
in Toronto
know,
Primeau,
W.
1945
14ft
P'
be
the remainder, ■ $34.25 will be cash
oi
n
made
been
far
Products,
'
the
$".033,088
will
with
C.
K.
directors.
of
167, p.
troubles
creditors
properties,
maximum
lsT ,pl'fcd:cated ™ Hawley obtaining a
Equ table Life Assuiance ooc^ety by noon on
434.
p.
reports
had
have
"As
:.:.7
company's
determine
be
to
Intervention
Independent
W
"
informat'on
tbe
Hayes oteel Products, Ltd.—Rumors Denied—
Net
the
of
wi I
Period End" Feb' 23~
^
icJ
v
17.
d
sa
Under
per sbarc-
tfnn
Com
J.
with
its
Jewel Tea Co., Inc.—Current Sales 23.5% Higher—.v;v.;
,?r/vpPam/nx?
12,4
304
Prertdent; J. \
Secretary and Treasure
Englund, Assistant Secretary and Assistant Treasurer. T1 v
Chocolates
Smith,
to
naVment
stock
of
removal
of legal wrestling
years
J.
are:
company
$9,936,830
—V.
iinul
to
Texas & Mexic0 Ry' below--V'
t
^
„
Seeks
$14,2
51,663
$217,842
the
Sales
Plan-—
on
International Great Northern Ry.—Protective Group
Ltd.
$17,693
taxes___
—
Vice-President;
(S. II.)
Share
a
th/pu/is?//paDerCCo° tld
mate'ly $38 per'share 7or Wf r hoSfngs
.
1930.
p'
'
income
assets
officers
board
wu
company
Sugar
b?
,
in
Jmimi'')-V
Hawley Pulp & Paper Co-Common Holders Offered
$38
looked
11
trustee
appears
sugar.
1355.
p.
0'u"°
the
*cr.
Co., Ltd.—into
Sugar
estimated
an
Jr.,
companies, many of them
and petitions that created
sunr
State
$39,660
Winona
• •
Williamson,
bankruptcies
authorized
have
stockholders
^7
_____
Shireman,
The corporation first became entmgled with
Hawaiian Commercial & Sugar Co.,
and
March
on
Jud(?e H. Church Ford
.
42
$256,61
x
plea on March lo in Federal Court at Lexington,
ganizition of the firm and its allied companies.
—y. 167, p. 847,
The
a
a
1177777
...
pro.it
Net
270,000
$1.33
(estimated)
Federal taxes 011 income
i.
i.
lnlaiid Gas Corp.—Court to Act
$171,337
13,4(
8 630
——-
^
^
from tbe courts after 17
$664,497
22,17
420
Period End. Feb. 28—
r
1945
$o63,246
252,000
income
80^75
corps., at mkt. vaiue—
LIABILITIES—
payable
current
Net
$22,658
8 0)5
' •"
253
p
$22,733
•
•
receivers.
1946
■
on
$139,83;.
69,728
1
Total
»•'' •'
.
*
'y'<:'
1947
^311,246
taxes
1946
$1.36,547
at cost—
taxes—other
""15
23,415
•_fn-
This corporation
Profit
LIABILITIES, DEC. 31
______________$287,502
Accrued
$134 622
194'b<"
50
""
pr!!p/^ZZZZZTZZZZ
Operating taxes
general
AND
;
receivable
Federal
241
_
Net operating income____^_
on
p.m.—
20,803
Accrued
$240 775
prop""
of operating
Net after charges
payment
completed at 1.57
municipal bonds,
of other
interest
Accounts
1947
$309 335
L/eS/llZZZZirZ
income bonds for the calendar year
1947.
Payment of
the series A bonds, due 2015, and of 4% on the series B
due 2044, will be made April 1, 1948.—v. 167, p. 1043.
on
offering
cost
1940
_____
Rent for lease of operating
mortgage
Wk
share
per
The
.
Operating
Rent from lease
v
,
authorized
have
directors
The
.
$3%
1U7
bank
Total
.
operating
.
Gulf, Mobile & Ohio RR.—Interest Payment
..
at
cents.
receivable
foregoing,' together
,
16
CURRENT
Operating
,
U.
in
and
Invest,
*
Month of January—
It is reportedthat during November and December, 1947, this road
purchased $2 514,500 of its general mortgage series B 5Vis, due 1952,
thus decreasing the outstanding amount to $12,084,900 at the end of
last year.
V. 167, p. 1043. ,,
/.>
>
■■ 7
,
of
was
ASSETS—
hand
on
(
■Indiana Associated Telephone Corp.—Earnings—
Region,
Great Northern Ry.—Reduces Bonded Debt—
,,
offered
were
and
a.m.
STATEMENT OF CURRENT ASSETS
CURRENT
offered
Chicago
L Lif
Under the ph,iladelPhia Plan. are
I and.wiU mature semi-annually $*63,000 an each
iq
Uncollectible
.
Bank
'1ocates secured by new standard-gauge railroad
les3 than $h>214,609.—v. 167, p. 1152.
Manager
this company has
Timothy J. Ruins>
has
Au/
«nri
...
Garges,
K.
National
Am?i
vW
,1,*
l?\h from AuS- 1. 1948 to Aug. 1, 1957, inclusi/e. Issuance
"nd
~*!ef subject to ICC approval. This issue is part of $11,360 000 of
b'
'
shares
commission
11.47
at
V. 167, p. 1152.
Salomon
The First. Boston Corp, 99.199;
certified*73ce.rtificates with
The
dated
l n/?
aid
I
ureaorv
The
special
a
started
Kinney-Coastal Oil Co.—Report—
Grant Co.—New Director and Vice-Pres.
(W. T.)
Herbert
share
run, p. *jio.
„
.
_
of
compares with-50 cents per
27
1C47.—V
166
p
2310
on June
°n T, bidu°i 99-4599- a ?et Interest
„?)'ven other blds were received at thB
2/X% coupon- cther biddcrs nalTUd tlie
& £^,SHr99*4399j
F" RothS3blld &
|^^^tUoimiy,..799.25;
Granite City Steel Co.—To Pay 37%-Cent Dividend—
directors on March 10 declared a dividend of 37V2 cents uer
shares on the
capital stock, payable March 31 to holders of record
ffljl
and
ISf
Co
The
March
customer.
with
approximSv^^Q18
ForL/ifwl
win/n
the
^
last,
'i Corp.; Mullaney, Ross & Co., Alfred
i
«
,a &'-O-and F-S-Yantis & Co., Inc.
cost of
sale
folio
shares
to &nrs.value at $u°-61shareunderwaters
,P
Kingston Products Corp.—Special Offering—A special
offering of 14,618 shares of common stock (par $1) was
made on the floor of the New York Curb
Exchange
Mdrch 18 by Francis I. duPont & Co. for account of a
Com Illinois Co.; Julien Collins & Co.;
the
stockhoiders
to
CHRONICLE
.
SEC—
March 11 filed a registration statement with
covering 11,657 shares s;ock ($50 minimum stated value) Of
FINANCIAL
®
pn
SrSra
on
company
A
$431,776
Graham-Newman Corp., N. Y.—Registers with
The
'
7-
1947
&
I7~ ~~
p
S
offering are: R. W. Pressprich & Co.;
':®ecker & Co. Inc.; Otis & Co.; William Blair &
eqFi/aiesale1i7s'9subJect
ight of the SEC to
fnr
^<incrp
their
clsim
71/2%. The parent Long
c0^0"'
onT*°"™t
Y
k
&nd
common
stockholders
Island Lighting Co. owns
tnc remftimn©-
alI of the new common
p-2105-
this allocation, holding that
rtoekh^rs should reeeiv«^othing hut
should go to present preferred
»•
--
-
that it is not
...
holders. J.
"•
to determination by
the Department of Justice
See also V. 167, p. 1045.
violative of U. S. anti-trust laws.
Lipe-Rollway Corp.
—
Private Financing—The com¬
recently obtained a $500,000 mortgage loan on its
Maltbie and Emerson plants at Syracuse, N. Y.f from the
Equitable Life Assurance Society of the United States,
and also borrowed $600,000 from a group of banks.,
pany
■
(
97.37% of the present
commission had contested
ba-is the commm
.
Proceeds
•
Emerson
for
Co.,
a
mortgage on the
,1946 by Rollway
loan wi.l be used
used to repay a purchase money
and a bank term loan obtained .in
were
piant
The balance of
plant improvements.—V. 165, p. .1071*
Bearing
subsidiary.
>
.
the
•
THE COMMERCIAL
(1258)
fi
Lighting Co.—Consolidation Plan
Island
Long
The
with
company
Co.
be
and
named
and 6ft
receive 83.94ft
of the common' stock of theon the basis of 8.7 shares of new common for
preferred and 7.7 shares of new common lor each
idated corporation,
share
each
of
share
Old
of
7ft
cents
of
the
6ft
of
new
would
the
cf
new
each
for
while
common,
of
4.17If
receive
only cash
the amount of
in
preferred
holders
the
hew
of
Gas
share
would
Otis & Co,....
Gregory & Son, Inc.—.
Heller, Bruce & Co
525.000
200,000
The
&
Hirsch & Co
Hornblower
167,
or
A
of
Nassau
preierred share
he^d,
common.
among
of holders of the 6ft and 7ft preferred stocks of the com¬
12 with the SEC a declaration that they had organ¬
the company's recapitalization plan which provides,
ether things, for consolidation of Long Island Lighting with
two
its
filed March
&
To
the
from
the
Co—V——
Yantis
S,
250,000
.
Co., Inc.*)
&
$1,223,678
$2,974,845
$2,472,027
oper.
expenses
858,712
747,046
1,735,397
1,520.568
taxes—
170,0C0
115,0C0
362,000
74.050
171,019
subsidiaries.
ancr ia *
-
Equip't
rents
(net
Dr)
95,229
76,279
198,088
Jt.
rents
(net
Dri
16,225
7,178
32,384
n.
1st
Insurance
Percival
The
of
Co.;
E.
Jackson,
substantial
cated
a
attorney.
that
contend
men
943.
p£
and
represent
themselves
are
holders
of the company's preferred stock.
Tney advo¬
recapitalization for Long Island Lighting instead of
with the Queens Borough Gas & Electric Co. and the
amounts
separate
consolidating it
Nassau &
Suffolk
and
& Suffolk
Nassau
idle
subsidiary
Nassau <fe
Lighting.
companies
In addition,
had
and
that may be issued to
careful
them,
we
convinced,
are
after
long
a
of
stockholders
2,000,000
Dec.
.
issue
awarded
was
of
cost
March
15
on
bid
a
of
100.2312,
Society
100.054;
XCC.0511.
Bids
for
&
3',;i ft
a
Co.
and
coupon
White,
Dated
March
1948;
and
1
l
Redeemable
notice
as
1,
Sept.
due
First
or
&
Co.
Bros.
Boston
(jointly!,
& Hutzler,
and Glqre,
Corp.
1,
1978.
of
agency
Interest
payable
in
company
New
at
any time prior
to maturity upon, at least
whole at any time, or in
part trom time to
a
fund
upon
like
the sinking
or
released
property
company's
funds
ing
the
withdrawal
and
net
trustee
corporate
100.49,
deed
of
additional
will
of
are
CONSTRUCTION
1948.
years
the
cn
basis
$9,850,000
for
is
to
the
to
includes
in
1950
and
and
of
the
unit
3ft
due
and
1951
pend¬
mortgage
and/or
EFFECT
Of
be
to
system
60.000
a
TO
PRESENT
vest
of
south
for
New
of
Orleans,
that
city.
distance
a
59^422
200.000 shs.
5.000.000 shs.
of
approximately
ates
in
43
of
and
about,
175
the
miles
64
a
wide
in
a
350
miles
of
with
the
along
the
served
and
east
t.y
the
A
Company
< counties)
motor
bus
an
a
OF
ft
EARNINGS
1947
Operating
purchase
of
Louisiana,
State
uorth
in
and
River
south
west
and
limits
are
...
Cper. exps.—maintenance
Frop. deprec. & retire.
reserve
the present time oper¬
Louisiana.
The territory
at
retail to
gas
service
transportation system is operated
of
New
Orleans, from Algiers to
route
miles.
FOR
CALENDAR
1945
1944
1,077,000
Amortix. of utility
plant
acquisition adjs.
Taxes other than income
256.958
I icome A ex.
prof, taxes
1,205,080
2,429.000
lie.
to
oper.
from
revenues.,
256,958
928,323
2.062.916
L028.000
$2,394,920
$2,451,512
Dr 189
plant
income
$1,974,349
Income
deductions.
Dec.
24,
40
10,205
Sugar
Co.,
below.—V.
Ltd.—V.
166,
-
for
engaged
None
by
deed
property,
of
7A11
+U,000shs.
trust.
owned
shares,
which
Minnesota
"
Name
1
organ-zed
was
changed
166,
1923
24,
.
.
income
taxes.—
income
state
...
snares
—
stock.—..
period
a
of
125
from
years
Jan.
23,
to
other
and
company is
Bond &
to
Oliver,
as
has
company
encies
a
Shave
two
SUMMARY
OF
199
in
compared
as
o^tr.
revenues^—.
4 Weeks Ended Feb. 28 ft
Frop.
,
retir.
1948
Retail
sales
167,
C_
1947 ^ ft"
$3,738,565
1948
of
February—
on
823.154
7,624: '
exc.
&
1948
1947-
$7,029,022
'
S7.234.100
plant
than
prof,
Net
inc.
Net
income
div:
Bal.
stocx
per
Transportation Co.—Dissolution
March
cn
liquidation of the business,
the appropriate
Maryland
17
authorized
assets end
the
affairs of
complete
the
and
corporation
laws.
ft
.
common
The
said
company
of
$40
the
share
a
proposed
plan
by May 1.
should
See
also
permit
V.
167,
an
p.
directors
the
on
to
initial
rats
record
paid
1943.
Approval
was
March
each
the
received
stock
the
Feb.
011
9.
quarter
two-for-one
of
5
declared
dis¬
dividend
a
of
lo
3.—V.
167. p.
this
change
in
the
to
the
$10,000,000
in
a
smaller
proxy
replacement
capitalization
743.
by
the
statement,
of
its
private
amount.—V.
the
present
placement
167,
A.
A.
mentioned in
our
marked
common
stock
the
p.
company
has under con¬
revolving "bank credit of up
of a longer term
borrowing
a
943.
$3 522.639
$511,801
S56S.157
$858,323
$1,504,948
nesota National
Sl.930,924
$1,124,312
$2,017,741
New
and
Guaranty
York.
&
Light Co.—Stock Offered—As
issue of March 15,
Kidder,
on
Peabody &
March 11 offered 100,000 shares of
at $27.50 per share.
The sale
(no par)
first
stock.
$1,982,635
Ripley
public
distribution
First and
Bank.
Co.
of
American
New
National
York.
Duluui. Minn.,
to
of
the
be
the
company's
Hornblower
Paine,
&
Duluth
Minn
'
$1,726,488
$0,-86
'4!- $2.66
$1,299,212
$2.36
'
$2.00"'
issuance
several
shares now
\ftft;;ftft.:
of
and the
underwriters
by
them
are
as follows:
No. of
Shares
19.000
&
Stroud
Stone
&
Co.,
&
3.000
Co
I
Inc.———
3,000
2,000
9,000
Bond
Inc.II
8,503
Estabrook
Iue.__
7.500
(Inc.)
7,500
2.000
Hayden, Miller & Co.-—.
Vv 1,500
Hill, Richards & Co.—i_
Weeks____l
7,500
&
Goodwin
&
Inc.—
"
2,000
Co
Allison-Williams
Co.
1,000
ft—
Bateman, Eichler & Co— *_
&
;
Granb^rv.
Paul
Harden,
Co..
Webber, Jackson
7.500
DcHaven
&
1.00°
Townsend,
&~Co.~
4.000
Davis & Co..__^__
H.
3.500
Jannev
3.500
Mitchum, Tully & Co.—
Watling, Lercheu & Co— V 1,000
Marache
Wh pple
167.
p.
G.
Co
&
Co,_~~
Crouter
&
&
&
1.0Q0
1.000
Bodine——
Co.
—-
1.000
3,000
1154.
Missouri
Arkansas Ry.—End of Road Advised—
Nye,
an
examiner for the ICC. has recommended that :tl
company be permitted to abandon
its entire 3?0-mi!e iine whi"h extent
now
JipJia, Mo., to Helena, Ark. He
authorized
pany
abandonment,
accepting
within
responsible person
cr
said, however, that if the IC
it should make it conditional upon the con
40
days
offer
an
of
made
purchase
by
group
deriring to buy the line or any portion 1
net sa vage value, for continued operation.
The company has
estimated net salvage value of the line, incluon
lands, at $2,032,396."
J5!' payment of the
railroad
stopped operating trains in
September. 1946. aid sot
applied for authority for abandonment.
The Ke 1 Esta
had sold its
capital stock in Missouri & Arkansas to
group interested in
abandonment and salvage.
The group obtained <r
appointment of receivers for
the property in the Arkansas courts*-
afterward
meanwhile
V.
167, p. 1154.
|■
1
-
Missouri-Kansas-Texas
The
Bank.
Registrars:
Northern Min¬
and Registrar and Transfer
Co
after
purchased
.
of
Further details follow:
Trust
Co.__
G. Becker & Co.
C. Allyn and
Co.,
Tiie
Power
&
Central Republic Co.
A.
13.
to
shares
Inc.
—V.
Minneapolis-Honeywell Regulator Co.—Bank LoansAccording
Pea body
Harriman
per
stockholders
of
Curtis
cents
outstanding
names
$2,712,231
985.743
985,743
Shares
canitaiizatiou.
payable
March
20
to
This is equivalent to 20 cents
per share
during 1947. on the stock
out^.anding
split-up. which became effective Feb.
increased
be
1,738,628
.
No. of
Be°on.
March
on
number
Schwibacker &
new
$2.44
UNDERWRITERS—T^e
254.
Metal Forming Corp.—Increased
Shares to Receive 10-
The
$2.88
'
Kidder,
Cent Dividend—
share
$1,584.866
$2.88
stock
oka. rzr
'864.846
■
$3.40
under
ft
3,431,848
$1,871 739
_______
share
14,376
14,103
$2,164,058
694,665
directors
coupon
of
yib3ard1940.
the
4
-
'
•
.*
.
yy
RR.—Interest Authorized—
on
March 15 authorized
pavment .011 April L °f 01
company's adjustment bonds R. J. Morfa, Chairman
announced,
represents
1940.
June 30,
•
This
interest
at
coupon,
5ft,
for
which
the
bears
six
'
1.134.383
1,187,319
$5,595,907 ft$4,450,859
1,627.24 7
rqa
—
$5,581,8035 '$4,436,482
$2,279,531
*
nnn
580,000
final
Dissolution of the company was
approved on affirmative vote of
152.158 shares, or
approximately 86 ft of the 176,733 shares outstand¬
ing and entitled to vote, the company announced.
Only 115 shares
voted against the dissolution.
Under the plan, the directors at
the
time of dissolution become
trustees for the creditors and
stockholders
of
the corporation.
ft
tribution
$3,906,773
1.598.734
6,930
.
155,783
8,144
S2.451.739
stock,!
com.
-Amount
respective
stockholders
i
$3,898,634
$4,050,474
..,:.,.,^
Common
1947
$7,032,000
Approved—
The
1
ftftft'ft
6,975
.'oftft. 5,174
291,902 I, 1,229,219
6,289
.
817,915
':''''ft:
■
10.349
$4,044,185
net____.
ft
■
v_i
1.760.474 V 1,718,957
requirementsnft
for
°Of
Miners
i
,
427,701
5 07.962
7,010
.
.
1.390.611-
taxes
oper. - revenues!.
income,
.
10,349
offered.
Merchants &
-,ft:
:
1944 ft
2,697,302
820.308
ft
adjust..
ofher
748.
p.
utility
1
2.721.798
4 82.46 4
846,543
aopron.
Gross income
Total income deductions
,
'
167,
and
SUBSIDIARIES
6 2%—
"
$3,513,891 ^.$7,250,469
Light Co.
1945
2,947.822
limited-term
Inc.
748.
p.
AND
7F0.936
res.
of
Amort.,
*■
Year to Feb. 28
;
&
$11,180,295 $11,029,022 $10,708,034
4,160.565
Maintenance
,
Corp.—February Sales Increased
Power
1945
$12,980 740
Operation
Other
Melville Shoe
(COMPANY
1947
with
350.
p.
purposes.
CONSOLIDATED!
Taxes,
$11,911,647 $11,137,107
corporation in February operated 198 stores,
the corresponding month last
year.—V. 167,
resale
1
EARNINGS
Ca'endar Years—
acquisit
1948—2 Mos.--1947
$5,618,185
for
wholly owned
.
$6,125,203
utp'tv
Co.
Investments
—
electricity del'vered in
community in Wisconsin.
small
a
rufclic
a
Subsidiary of American
a
E ectric
Amort
McCrory Stores Corp.—Feb. Sales Increased 9.02%—
>,The
1906.
subsidiaries, The Pike Rapids
PcwT Co.
(an
inactive company!
and Topeka
Land Co.
(a
small
company of
m'nor importance
owning certain land in Minnesota).
Company also owns a"l outstand'ng stock
(except directors' qualifying
shares) of Superior
Water, Light & Power Co.
•
850,
1948—Month—1947
,
1906
to. Minne¬
"me'-ation,
The
1685.
p.
;
.
Jan.
26,"
Oct.
earnings
tCwned by
Minnesota
by
sells
-
$3.07
common
P.
$2,499,081
and
Co..,
BUSINESS—Company
extended
company
The
387,345
7,103
mortgage
Insurance
purchase.
AND
was
cu^ipiTs
1357. >
p.
912.000
of
167,
common
7.736
limited
directors'1 qualifying
nine
to
the
is
It
Co.—Earnings—
li——-
Per share common
$2,404,937
$1,893,136
except
None
5.000 shs. "
but
>' V
rl62.000
■
ll,0CO shs.
Life
whoftfa'e
(he
U.ft":.
$2.45
,
,
for
and
Co. and associates
49.472
of
Mutual
t$2,500,000
5,000 shs.
company principally in
purchase, transmission and distribution of electricity.
electr'c'ty to residential, commercial, farm, iron in
ning and
ether industrial
customers, as well as. to government and
municipal
cents.
912,000
Number
—V.
858.940
$3,515,580
provisions
Outstanding
0
*'
$1,000,000
number
Total
—
Transfer agents:
Total inc.
Kei
and
$2,803,165
income
256,958
*
CAPITALIZATION
par)__.„___
authorization
The
21,
$2,233,682
Net
to
Dr 1.903
.
leased
tneri
Gross income
21, 26 cents;
April
The
company
is a public utility company
operating only within
State of Minnesota, with the except'on that it has an
interchange
agreement
with a subs d ary, Superior
Water. L:ght & Power Co. of
Superior, Wis., under which electric power Is
interchanged with that
company
and
the
company
also
supples
68.361
1,700,723
256.953
945.273
1.854,584
others
Other
distributions:
21,450
Minnesota
Net
following
each
by Amen
the
record
Minority inter, in net income of subs, company
sideration
1.055,738
$101
pan.
& Light Co., and
period of duration extended to Oct. 15,
Company acquired and combined the properties and functions
of separate non-integrated electric, utilities
operating in
northeastern Minnesota.
On Se.pt;
18, 1945, the company's corporate
1946
Federal
before
1946
(no
owned
offered.
now
par)
to
2,302,639
the
YEARS
(par
stock
shares
Power
a
$5,174,166
approximately 502
natural
$13,649,683 $13,635,366 $13,309,725
7,773.545
5,984.176
6.125.761
5,927.022
1,052.403
742,767
892.469
663,154
appropr———
....
of
1947
at
in
shares
100 000
authorized
1953.
share
per
shs.
revenue,?..__ $15,465,151
Operation
3G-^~
provision
for
holders of
SUMMARY
Co.
estimated population of 500.000.
in the
vicinity
distance of approximately 36
company
Avondale,
cents
1,591.614
before
Month of
Mississippi
and
Company furnishes
communities.
34
$3,852,747
—V.
north
extends
-its
The company furnishes electric service
communities in this territory.
45
of
stockholders
to
..
apart.
parishes
directly served by the company has
to
sota
of
Div.
ta„xes__
*2,300.000 shs.
northern
part
district
territory
in
area
southeastern
The
26
Sales
45.188
550,000
Duhjth Edison Electric Co.
as
Mercantile Stores, Inc.- -Feb. Sales Increased
2.9%—
10.000.000
common
of
the
stock
common
of
COMPANY
($100
($100
option
FINANCING
j
.
.
its
consist
and
Minuc^ta
the
&
Kaiser
in¬
Light Corp. owns
all of the 2.300,000 shares of
outstanding common stock.
HISTORY AND
BUSINESS—Incorporated in Florida June 25, 1927.
Company supplies electric power and certain other
public
utility
in
Year Ended Nov.
Outstanding
($16,234,000
L_
the
Strours-Hirshberg
Profit
—V.
) $250,000,000
in
Commeicial
also
kilowatt
the
existence
34-Cent
f.
May McEwcn
and
of
program
j
—
communities
on,
primarily
care
The
of
cost
amount
of
the company's
1943,
and
stock
as
HISTORY
banks.
by
other
has
■
dividend
a
April
Oct,
cents;
for
estimated
this
used
take
to
♦Municipal service warrants issued in connection
properties, due serially to I960.
tElectric Power &
in
i
1046.
Sales
expenditures
is
Authorized
—.i
Louisiana
made
company
Hawaiian
See
from
program
Light Co.
stock
Company,
May Department Stores Co.—Proposed Merger—
they
program,
7650,000 shs'
change
shares
of
outstanding
&
No-thwestern
As
operation.
$G preferred stock,
cumulative (no pari
stock
(no
par*_„
services
the
p..
Provis'on
part
116.000 shs
,
by
10,
to
rntge.
Pfd.
GIVING
1978
declared
payable
Period End. Feb.—
customers.
Common
eastern
notes, held
purposes.
trust
transmission
installation
series due 1974
series
present
systems
new
for
in
the
construction
electric
mortgage bonds:
3*«ft
1%%
shares
number
Jan.
amended
were
preferred
of
of
special
case.
supplemented.
$13,200,000.
1949
the
to
in
of
borrowings
require
at
and
16
income,
July 21, 29
167,
See
securities.
will
cost
1948
present
part
CAPITALIZATION
^Miscellaneous
the
from
distribution
steam-electric, generating
First
1950
for
gas
of
a
of
limited
1940
outstanding
equal
shares
Common
1948.
1947.
—V.
at
company's general
additions, and the
$2,500,000
out
carry
additional
additions
and
demands
the
to
finance
corporate
property
resources,
present-day
creasing
added
PROGRAM—Company's
and
electric
other
approximately
required
estimated
extensions
to
company
under the terms
as
of April
1, 1944, as
1949,
of
for
unfunded
retain
the
may be provided from cash
the proceeds of the sale of
the
and
used
dated
trust
funds
be
be
will
basis
by
will
program
31.
cents;
days'
proceeds
203,000 rhs.
bonds, 3%ft series due 1973
s'.nk'ng fund debentures due 1958
preferred stock ($100 par)
3%
by
announced
was
,
March
on
investment
In
28
replacement
redemption prices, the initial
plus accrued interest in each
proceeds
$7,500,000
on
operation
of the
improvement
fund
or
with
and
being
construction
Approximately
through
the special
at
price
PURPOSE—The
cash
notice
.
redemption
$4,5G0,000
The trustees
from
March
on
time,
$23,000,000
t4,800.000
$6,000,000
70n
24,-1948.
6ft*
Equitable Life Assur¬
States, n evidenced
1938. .it.
1949 to
York.
30
1
The
the option
of the
company
at
the general redemption prices, the
initial general redemption
price
being
103.49;
bands
whl
also
be
redeemable
United
Maui Agricultural Co., Ltd.—Consolidation Voted—
March
ofrice
at
Weld
Salomon
were;
102.0719; W. C. Langley & Co.,* The
Forgan & Co, tjointly». 101.8199.
March
the
Massachusetts Investors Trust—Declares
Shields
PRESENT
Outstanding
6
but
7ft
Placement—The corporation
—V. 166, p. 857.
otoer
Inc.,
1st
4ft
The proeee4s were used to repay $3,800,000 of
2% notes held by the Equitable Life and to repay $4*200,-
3.11.
bids were received at the sale.
Those naming a 3Vaft
coupon were:
Merrill Lynch,
fierce, Fenner & Beane and Kidder,
Peabedy & Co. (jointly l, 100.16; Kuhn, toeb & Co. and Lehman Bros,
(jointlyi,
100.115;
Blyth & Co., Inc.,
100.08;
Harriman
Ripley
&
Co.,
of
serially
the
com
/
Authorized
Split-Up—Earnings—
March 10.
of
the
capital stock of Superior Water, Light &
Power
Co.
;a
Wisconsin corporation and a public utility
subsidiary of the
company) as of Dec. 31, 1947 are as follows:
value, to effect a two-for-one split-up. At
had outstanding 747,335 "shares.—V. 167,
par
has borrowed $8,000,COO from the
0C0
TO
2,030,000 shs.
authorization
Sept.
The funded debt
•:
company
Marathon Corp.—Private
due
EFFECT
par)——,.
SUPERIOR
the cor¬
net
a
and
.♦Unlimited
ance
GIVING
par)
to
due
1948.
13,
for
167, p. 1153.
23 will vote on increasing the author¬
817,973
shares,
without
par
value,
to
from
$5
the
1947,
April
on
stock
shares,
31,
(COMPANYI
incorporation
Power
and
these
$10,000,000 1st mortgage bonds, 3Vs% series, due 1978 at
100.485 and interest.
'
Seven
March
with 33,285,000 kwh.
compared
as
943.
p.
nt>tes,
interest
this company for the week ended
kwh.,
Mack Trucks, Inc.—Plans Stock
present
Louisiana Power & Light Co.—Bonds
Offered—Haisey,
Stuart & Co., Inc., and associates on March 17 offered
of
an
ican
the group contended that
that the assumption by Long Island Lighting of the
companies would not only destroy Long Island
credit but would unalterably dim the prospects of
earnings" on the parent company's stock in the future, the stocknolders'
group stated.—V.
167, p. 1046.
The
output of
35,642.000
common
comunn
and
by
iSIOO
(no
as
,
responding week last year, an increase of 7.1ft.—V.
ized
uy
the
stock
are
for
stock
C300 000
issued
study,
indebtedness
Lighting's
and
650,000
The
common
by
property, earnings
provisions of the mortgage and deed of trust.
Total in
or
liab lity of the company is lim'ted to
$100,000,000 bv
articles of incornoration.
tlnclr.d'ng $300,600 due March 24,
•
Electric
received
other
into
22.
totaled
of
3 V'a ft series due 1375
due 1946 to 1955—
notes,
stock
articles
Such proposals will ba received by the company at Room 1100,
South La Salle St., Chicago 4, III., up to 10:30 A.M.
(CST), on
231
earnings
in
1947,
with
its fixed charges and Queens
"Until such time as the earnings of Queans BorougM Glas and Nassau
& Suffolk
Lighting are adequate to support. their debt structure and
stock
its
sealed, written proposals for the purchase from
refunding mortgage bonds, Series due March
and
$3,000,000 first
March
10
debtedness
1978.
insufficient
margin of only $03,000.
a
preferred
Common
(Ky.)—Bids Asked—
Weekly Output Increased 7.1%—
Suffolk Lighting faking to earn
Borough Gas reporting
any
of
Lighting Co.
A
separate recapitalization is favored for the company, the group
said, because the consolidation plan would require Long Island Lignting
to assume $17,282,000 of funded
indebtedness, of which $7,057,000 will
mature In
1952, and $2,000,000 of bank loans of Queens Borough Gas
serial
*Unl m'.ted
is inviting
Company
1.
t
ven/
the
.
Louisville Gas & Electric Co.
it
they
bonds,
nitge.
„ud
William C. Langley of W. C. LangP. Stack, Vice President of John Hancock Mutual Lite
Laurence M. Marks of Laurence M. Marks & Co., and
Lee
& Co.;
shares
100,000
resources
provided
2ft
$408,075
$475,957
$204,125:-.
$225,016
income.
oper.
th
estimates,
be
to
Authorized.
The stockholders' group Includes
Icy
be
5ft
167,
financing
approximatei
construction
proceeds
FINANCING
14,416
Net
the
CAPITALIZATION
145,916
—V.
the
151,054
t»x
ry.
lac,
of
sale
detailed
on
that
•232,000
84.441
income
toward
not sufficient to meet such
construction
1948, the company anticipates
that tffi
the issuance and sale of such
additional
■securities
as
the
company
deems most desirable
at
the
time an
from
time
to
time.
The company presently contemplates
that the
only securities to be sold in 1948 and 1849,'other than the
'100 0(2
shares cf common stock offered
hereby, will be debt
securities.
I'M 8—2 Mos.—1947
$1,460,631
applied
expenditures during and after
Ry.—Earnings-
•p* dg —M an "h —fo a 7
revenues
based
extent
other
pany'3
250,000
oper.
oppose
ox
$11,600,000
150.000
will
Period End, Feb.—
Railway
Railway
0~hp«
group
to
Thomas
F.
Louisiana & Arkansas
11.89'r,
Merger of Three Utilities Opposed—
ized
200,000
procured
250.000
100,000
.
be
Co
payment
Co..-—
1153.
p.
the
Leach..
&
Agee
100,000
& Co...
250,000
Walter Stokes &
1,000,000
Inc
Mason-Hagan,
—V.
Federal
pany
Weeks.—
&
Sterne,
will
in
1948, entailing
expenditures
,
ancl other corporate purposes,
which m
of
a
90-day bank
loan presentlyamoumw
irom Mellon National' Bank & Trust
program
$6,000,000,
provide temporarily fundi for such application.
The company's
contemplated- construction program for
1943 r.nd 1943 may require
aggregate expenditures' of
/•
„
Brothers'■& Co....
Stern
400,000
—
1
proceeds
net
construction
$ 750,00 0,
to
1,000,000
.
Robinson-Humphrey,.
Co.
Co.—200.000
&
Hill
Inc
Co.,
inJucie
150,000
Nashville Securities Co.-,.
250,000
receive
held,
preferred
7ft
each
for
common
100,000'
Martin & Co.._
525,000
Ellis & Anderson
Burr
FURF03E—The
company's
•
stock of Queensborough
common
3.7 shares
get
would
preferred
new
Millions
Haisey. Stuart & Co. Inc._$4,100,000
Green,
,
stockholders
share or a total of $1,060,000.
per
shares
series, bonds
1973
approximately
Mackubin. Legg
preferred.
6'*
common
Owners
or
Electric
would
company
new
would
stocks
preferred
conso
of
Borough Gas &
Tne
the terms of the plan, holders of the Long Island 7ft.
Under
4.3
Co.
Lighting Co.
Long Island
35
March 11 filed a plan with the SEC to consolidate
Lighting
the
of
and .the
underwritten
principal underwriter
of each
name
amounts
Monday, March 22, 1943
foLows.
as
aie
on
Suffolk
&
principal
respective
subsidiaries—Queens
its
of
two
Nassau
UNDERWRITERS—The
Filed
With the SEC—
CHRONICLE
FINANCIAL
&
the
of Oct.
period end<
date
months'
Number 4683
167
Volume
York Paying Agent—
Trust Co., New York N Y., has been appointed
New
Bankers
The
THE COMMERCIAL
carried out bi' issuing new Missouri Pacific
1
111 excha"ge for the outstanding $41,000,0.00 of
flrst mcrtsage bonds.
saw "nn
Pr°P°sal, the bondholders committee said it
oective
pSl8, "f11*, rJh,! bond excha"gc, since present and proschano-p in Vh
^
c°ast Lines show "no basis" for any
rlJ! i
riehts of the New Orleans bondholders.
m
Equipment Trust Certificates Authorized—
March 2 authorized the company td assume obligat'on
respect of not exceeding -$1,620,000 equipment-trust
St'ficat-'s, series 1943, to be issued by Republic National Bank of
Dallas
as trustee, and so.d at 98.9d7 and accrued dividends in con¬
nection w.th the procurement of certain equipment.—V. 167," p. 1046.
in
'
111
.inforiped, by-,,this.; .company -.that it
.
tnat
it
contemplates
also
may
minimum
the
to
one
at
the
would
1st
will
stockholders
March
vote
stock
common
to common
Muncie Water Works
27
approving
on
of
5s
interest.
of
City
York,
New
141,
Y.—V.
N.
1, First action
Californ'a,
CAB
mortgage
bonds,
5%
trustee,
corporate
Beech
been
April
service
11
series
Broad
Street
15.
a
Creek
York
The
Four
no
Income 4Vs>s
8750.00
in new
made
was
extension
$510.00
481.30
company
provide
in
the
one-carrier
informed
has
case
by
the
set
been
January,
1947,
permission
for
;
cities
17
to
the
system!—V,
NAL
National
economic
an
Bellas
factor
167,
will
be
it
was
announced
opened
President.
this
company
to .every
March
on
rt
rt'rtrt
'
store,
the first to be opened -in Texas, will be the nue'eus of a
group of stores in the state similar to the seven retail outlets already
operating in
pany
is
area,
Carolines.
the
Marks
Mr,
stated
that
further
the com¬
Nebraska
also
seeking
locations
Missouri,
the
in
Kansas,
York
New
the
;pil9t' 6toTe.;.having been opened in St. Joseph, Mo., last
year.—V, .167, p. .654:,i
-rt; .'./rtrt. irt; vv.*rt;' ;rt,vrt •
r
IV
to be extended later
National Enameling & Stamping Co.—$1 Distribution
V--"
\
30
and
Dec.
29,
each.—V.
$i
166,
2313,
p.
National Fuel Gas Co. {& Subs.)— Earnings—
.
-
''
*
'
'
'
'
1947
earnings per share after taxes and all chgs.
—V. 166, p. 2561.
$0.88
$0.97
Bbtr
opening
?
business
of
Li°en
.
March
Service
1948.
18,
Co.,-
\
Calif.,
Francisco,
San
recently
was
hiK>f int° -Naticijiiil. Linen, which Is- engaged in the linen supply
wimne*Su ln ^le South and Southwestern part of the United States and
lino
acquisition of Galland expands into the Far West United
«
J
„~upply
,
^V- 167, p.
Co-»
subsidiary,
a
operates
California.
Southern
in
Period End. Feb.—
Sales
*~V-
748
1948—2 Mo*.—1947
1948—Month—1947
,'
.
167, pp.
$1,508,409
$756,532
$770,780
and
j
$1,523,237
350.
New England Gas & Electric Association—Output—
J°l tbe
II nor'
we
k
week
ended
; 12,
this Association reports electric
This is an increase of 1,543,096 kwh., ort
March
15.572,808 kwh.
"
a
ftbove' production
ye-,r
of
14,029,712
kwh.
for
Thi? 0utpl3t for the March 12 week is-reported" at 240,894,000 ou. ft.
of. lMbci0' lncrease of 51,033,000 cu. ft., Or 26.88%
above production
P- 1154
cu- ft. for the corresponding week a year ago.—V. 167,
■
be used
_
0n7£Kh °r Ja"uary—
w.*rt L,"»v .4
Unrmil
®u®s > -Le.-,rtrt _ -•/ Lb-X;uncollectible
—-
.
operating
Oi)pfai
VPeiatiug
Operating
grevenues,
^
——
—
_
-AiUlIEZlElZZ:.
taxes
;,,*£'i.048 %-'rt" 1947 .
;$ 12,8944*56. $.11,307,264
revenues..
expenses
NPM,.Qperating
wet
after
o
income________,
_
_
167,
p.
851.
.
_________
$1,177,256
723,637
Spir J ^ISncomeJ-of
fiW-'rSlOO
(hp
13,784
17.829
provision,"
,
fpL.
F
the
Mw
<
;
...
6f 's_ame ttme, the first mortgage bondholders protective corn,Intei'national-Great Northern RR. Co., whose capital stock
iGN
ille
proposed independent reorganization of
commtttee
n
said
it
was
advised
that
a
plan
is to be
TW0u1d merge the New Orleans road and its subsidiaries—
I.G.N.-—into Missouri Pacific. These holders are known as
Coast
Lines.
disposition
and
and
m
lea
of
water
:
of
of
reported
the
to
C.—•
N.
Securities
and
Exchange
its common'stock
66,000 -shaves"of
by E. P.
^
^
wholly-owned sub-
31. W«7
total assets
'
,
rt
!
.
,
Of¬
Telegraph Co.—Debentures
awarded March 16 on
Halsey, Stuart &
1,
1948;
in
1
New
bid of 102.07999 a net
Inc. bid 102.03999 for
a
Co.
due March 1, 1978. Interest
York or in San Francisco.
payable March
Redeemable, at
upon at
.
will
laws
New
of
least
28, 1953 and
with accrued
..
the
■
legal investments for savings' banks organized
York, California, Connecticut, New Hampshije
be
New
Jersey.
will use the net proceeds to reimburse
expenditures made for extensions, additions and
for
its
im¬
to its telephone plant, and,
the company will repay its
CONSTRUCTION—Company
in the largest construction
with which it sold $175,000,000
common shares in 1946 and
will be necessary for the company to
engaged
is
program in its history in connection
of debentures and some $32,600,000
It
is
continue
to
1947,
construction
of
expected that it
substantial amounts of new
activities remain at a high level.
raise
equipment, apparatus and
structing the plant of the company and its
from Western Electric Co., Inc., an affiliate.
Most
the
of
GIVING
CAPITALIZATION
40
year
40
year
40
year
30 year
23i% debs, due Dec. 1,
debs, due Oct. 1,
3'/s% debs, due Oct. I,
3(4% dcib£ due Mart 1,
as
long as its
PRESENT FINANCING
-
$75,000,000
75.000,000
100,000,000
75,000,000
75,000,000
1935—'$75,000,000
1987—
4,000,000 shs.
,
Outstanding
198C._
75,000,000
19B7-, 100,000,000
(par $1001,——,—_
shares
money
materials used in con¬
subsidiary Is purchased
Authorized
rt'
27/8%
Common
•
.
^
820,000 shs.
820,000 shs.
BUSINESS—The
business
of the company is that of furnishing
communication
services, mainly local and toll telephone service, in
the
States
of
California,
Oregon,
Washington and the northern
portion of Idaho.
Its wholly-owned Subsidiary, Bell Telephone Co. of
Nevada, furnishes such services in the State of Nevada.
Company
was incorporated
in California Dec. 31, 1906
American TelepJhone &
6%
-
EFFECT TO
rt
.
Mi.
is filing an appeal
Lake Ontario Water Service Corp operated 848
mains.
The system delivered 14.5 billion gallons of
.
Nevada.
of
amount of
the date of
any RjRs
2
;
&
its treasury haying been so
then outstanding advances •
from
American Telephone & Telegraph Co.
(parent) to the extent
that such net proceeds are sufficient therefor.
Such advances, which
are
presently outstanding in the amount of $100,300,000. are evi¬
denced by 234%
notes, each due one day after date, and are ob¬
tained
in
conformity with an established practice of the company,
which it expects to continue, of borrowing from the American
com¬
pany/ as
need therefor arises, for general corporate purposes In¬
cluding extensions, additions and improvements to Its telephone plant
and
advances
to > its
wholly-owned subsidiary, Bell Telephone Co.
g
of
of bonds.
tract in Flatbush,
(par $5)
3.14%.
of
March
treasury,
Court s award of $2,521,890 ioi tne
adjudication of the award, the company
Supreme
Co.—Stock Split-Up—
authorized the company to
5
2663.
p.
was
Sept.
provements
reimbursed,
the
l£2^SS£«T™- L3TS"«
■"wLofdS
Greenville,
PURPOSE—Company
condemnation proceedings,
York Water Service^
a
Rochester
& Co.,
coupon.
Debentures
under
owned w1a" ®8n18'ri2p7rea^
receive
,idLrv
sale
Telephone
cost
interest.
outstanding.
Federal Income tax
result of the sale last December of a 31-acre
fh; company will receive $1,600,000 through 1950.
*f.
fhp
end of
1947
the corporation and its
As
I® changes under which the road might be merged with
Missouri Pacific,
°ther thQ
the a,
umi
County
Claybaugh
option of company,' in whole or in part, on any date,
30 days' notice, at 105.75%
to and including February
'.'f-VifiFp&fter of decreasing redemption prices in each case
oqual to »5.72 a ahare on
—
ow®
the
Kinas
propertv " Pending
atbus'i
F.
Co.—Changes in Stock Ownership— \
of common stock
166,
same
Dated
1
is equal to $3.40 a
and compares with
f.
PiitipA
is
the
part payment from New York City In the
« 500000
wiUi 'Interest at 4'i from July 1, 1947 to
'ment 'proceeds from this transaction, together with
available
for this
purpose realized from the liquidation
7in Braoklvn
will be applied to the retirement
Ask
Hy fi f?m>r|ittce renre^ntwfr hnVprs of »Tcw Ort"«ms. Texas & Mexico
sio« u' mortgage bonds filed with the Interstate Commerce Commisthe
in spite of a jump of
to New York City's
Co.,
Insurance
recently
March
on
issue
The
interest
basis foi 1946—a decrease
$101,668 in operating expenses.
with $832,398 on the same
announced that Nev;
fhp
•fmm
———-
Texas & Mexico Ry.—Bondholders
Merger Terms
'
respect
w th
Cgden
$1,044,038
643,080
T\ir^e^ °rl^a»s
$266,191 for 1946,
on'-the- basis'of properties now
$14 099
only
will
New MOP
from
par;value,.preferred stock then
"comoared
1047
of
Director—
associates on March 17
offered $75,000,000 30-year 3V4.%
debentures at 102%
and interest. The issue has been oversubscribed.
operating income before
A.---- $12,876,327 $11,293,480
,..10,737,902;
9,267,9.93
961,169
981,449
charges..... "
WV-
share
result
to $158,410, This
stock outstanding
ICC
„
R4^Jn^ladllgfleeatR/"gi
reflecting sa
for the year
only until June 30 and not
will
167, p. 1154,:
increase of 9.1% .'—V.
an
fered—Morgan Stanley & Co. and
years in its
recapitalization,
I. N. Y., dis¬
Water and Gas
rropm'ty, .amounted
on- the''new "common
(Del.)—Weekly Output—
for the week ended March 13, 1948,
compared with 55,756,000 kwh. for the
as
State
the
Pacific
of Richard L.
Flatbush
'
V.
President."
l.—V.
for
Resi¬
C.,
Co.,
Co.,
ol
broperty'
with the
Underwriter,
be used for
issue not exceeding
>ii exchange for not exceed¬
ing 83.722 shares of outstanding common stock (par $10), 2'/2 shares
short-term
,
consolidated net inebme
•
statement
v
.
Service Co.—New
Can
209,305 shares
to reimburse the company s
in
Fiathirth
New England
Telephone•«& Telegraph Co.—Earnings—
;
Co.
Pacific Intermountain Express
The
,
transferred
v
registration
a
This was a transfer of stock by Mr. Euphrat to
his-sons.. Edwin F. and Jack S. Euphrat, both of whom now are active
with the company.
Mr. Euphrat, Sr. retained 29,824 shares in direct
ownership. The company was 402,924 common shares $5 par outstand¬
ing.^. 165, p. 3287.
■
;
'
one of the most eventful
1947
the report shows.
It effected a
to'thef City of New York its Flatbush, L
tribution system, and:was severed from the Federal
dTn, under the" Public Utility Holding Company Act.,
'-"
Ltd.—Registers with SEC—
Power
kwh.,
company
Euphrat,
Rosenthal to the buard is uige .
Mr. Rosenthal is also a member of the executive committee.Plans Expansion—Nets $3.40 Share—
W'th a
substantial increase in new housing throughout tie com¬
pany's opeiating area indicated over the next five yean, th.s cornovation
is planning a $7,388,000 expansion piogiam,
W. H. Ogden,
President, disclosed on March 18 in the company's 21st annual lepoit
history
v
,
Winter &
filed
10
a
par)
H.
on March 15 filed a registration statement with the
100,000 shares of capital stock ($5 par) to be offered at.
Underwriter, First Securities Corp., Durham, N. C,
Pro¬
be used for general business purposes.
r;
Commission
$30,003,000 of 33which would be offered
l°TheC company-'experienced
corresponding
the
ag0
(no
F.
company
This
i
"■ .Ay:
the reelection
addition
•
filed
11
development.
States
North
Pacific
England. In
National Shirt Shops of Delaware, Inc.—Feb. Sales—
i
Clavbaugh. senior partner of Blair
a director.—V.
165, p. ,2141.
will
ceeds
Doulton & Co.,
1154..
in May.
North
asset distribution
1154.
elected
each.
$15
number of incumbents. These recommended by the committee are as follows; Louis Boehm, attorney; Gabriel Caplan,
dent and. a director of American Products Co., Reidsville
N.
a
;director cf Atlanta Gas Light Co., and Ketchikan Coid Storage
Ketchikan
Alaska, Chairman of the board of Citizens Utilities
Greenwich', Conn., and a director of the public utility department
-J
R
Williston-& Co., members of the New York Stock
James. H
Sachs, of Goldman. Sachs & Co.; and Gi.bert L.
President of Wm, S. Pitcairn Corp., New York, and of
Inc.
New York,
an affiliate of Doulton & Co., London,
would be listed at
' rt rt'rt.'rt'rt'rt rrt" >
;
Its
p;
shares of common stock (par $1).
Mining Co., Ltd., Toronto.
Proceeds will
and
F.
been
The
$90,000,000 of Bonds
like
a
167,
SEC covering
York Water Service Corp.—New President—
Ggdeh", Adniinistrative Vice-President, has been elected
to' succeed Edward A. Olsen,
who has resigned because of
healthy \
ceed
March 16 announced that
heard
be
delay
to
appeal.—V.
Registers with SEC—
at Annual Meeting—
The stucknomers' committee, of wnich William Cooper of 115 Broadr
way
New York, N, Y., is Secretary, is urging the stockholders ol this
company
to elect four new members to the board of directors to suc¬
stock of this corporation
common
me
on
approved tne
will file with the New York
Proxy Fight Seen
National Linen Service Corp.—Listing, Etc.—
nosVSan Francisc0 Stock Exchange
'.020,964 shares of
I
changed
be
paid on the Illinois
Oils Ltd., Calgary, Alberta, Canada—
March
on
60,814,000
Old
refunding mortgage bonds, dated July 1,
President
ill
1946
plan
the
the SEC
666,667
Ohio Water
•
March 11 that it
'
Calendar Years—
decided
corresponding week last year,
\William' H.
wet
Lig.at
American
output of this-company
Electric
for authority to issue
New
company
covering
totaled
•
the capital
stock, payable March 31 to holders of record March 22.
Payments in 1947 were as follows: March 31, 75 cents; June 30, $1.25;
Sept.
Power Co.
RR.—Shows Deficit
;.'£h« • directors ~decla?'qdrta dividend of $1 per share, ^^ttfCasuitf 'Tbr ^capital expenditures already made, to repay
bank loans and to finance expansion.—V. 167, p. 1154.
.Ma-rph;:
that
to
expected
the
shares
Underwriter,
1947 up tq Feb. 26 because ol
through competitive bidding.
i
Piocecds 'irom- .tUe' -fcale would
;
the
amend
Illinois
North
of
when
1947,
Is
of
March
on
Northern
in excess of $3,500,000.
p,
year
25,
has
appeal
meanwhile
each.
exploration
If public interest
to other leading
'
rt,
v
Telephone Co.—Plans
Company 'anifounced
-
to
SEC
of
share
request
group
June
903,572
Transamerica
President,
was
the
asked
share
each
for
North Inca Gold Mines,
The
the severe
While' charges to the
1938 income account because of the hurricane were only approximately
$2,500,000, capital expenditures increased the total by $600,000.
. >;
See; also V. 167, !p.' 944.
"
'
Marks,
George
Mr,
by
5
roads participates.
'
from Dec. 26,
conditions
weather
the
A'.y.-7.'.
p. 1154.
of revenue!
loss
Waco, ' Texas,
has
three-tenths
cash
in
disposes
company
cents
SEC
in commencing upon the net income
deficit of $1,281,000 reported in January, stated that the abnormal
snow and sSVere weather conditions this winter had cost this company
more than the 1938 hurricane.
.
;
"
As to
the month of February, due entirely to the recent storms,
Mr. Palmer estimated the deficit will amount to $1,500,000.
,,
.
Mr. Palmer stated the net cost to the company, including estimated
Texas—
in
70
recently announced a New York
eliminate the necessity of waiting «in
to
any of these
it is expected
Palmer,
Power Co.—Common Hold¬
railroads,
service
for February—^
3,
$7.50
court
covering
has
Howard
to $32,000,000
the company in 1948.—
by
registration statement with the
eommon stock to be offered at
Co., New York.
Of the
total 875,000 shares being sold by company and 28,572 by stockholders.
Proceeds
will
be
used
for
the
purchase of property and
drilling.
of lines in Pennsylvania,
under terms of a 999-
New York New Haven & Hartford
p.- 654.
by
which
the
The
SEC
v..
widows.
cities.—V. 167,
National's
importance
great
Hess,;; Inc.—Expands in
store
1,
of
control
outstanding
the
circuit
Light
proposes
of
large
company.
stock -since
eommon
court
accrued
.
the
issuing
North Canadian
120,000 shares of capital
to pay Harold S. Vanderbilt the
dividends, for 50,000 shares of this
outstanding stock is to be purchased
has
of
order brings
far
so
the fifth
yard this yetq-.
work amounting !■>
(Va.i
give (hem theft- proportionate share of dividends
The
extend
to
already
major
single air carrier,
May
and
plus
passenger
delivery
sufficient,
proves
covering 32 cities in 12 states, the District
and
one
foreign country.
It would 'also link virtually
seaport on the Atlantic, Gulf - and Pacific coasts by a
Columbia
retail
states
four
line
Central
time.
leading
tickets in
for
terminating at New Orleans westward to
add
Central
backlog
a
?'
,
.
is
and
News
The Greek
received
-stockholders
of
for
or
until
participating railroads are the New York Central, Pennsylvania,
Haven, and Lehigh Valley.
The service was inaugurated on
March 1,
in cooperation with Western Union. It covers all types of
linking Florida and
was
York
a
hands.
American
■
New
Newport
reported
Registers with SEC—
purchase
to
Livanos,
plan.
481.30
707.78
16
the
Light &
common
stockholders
Power
.
a
March
by
to construct an oil
leading Greek .ship¬
contract
a
G.
N.
,
Be Amended—
calls
stock
public
to
Common
The
;.i
in
routes
would
system,
every
and
in
total claim of $17 mil¬
common stock.—V. 167, p. 1154.
authority
■
the
remainder
to
ticket
of
plan
The
707.78
bonds, with
awarded
for
contracts
American
group
common
mort-
common
bond):
$1,000
(per
first
par
and,
1047.
p.
The
New
San Francisco-Oakland.
On
and
16.
today
Co.—Con¬
Dock
Dry
"
&
'
.
been
design
recently
new
Ask Plan
A
Inaugurates Ticket Delivery Service in N. Y. City—
New
'
:
Application
to
Miami,, Fla.,
by
$1,650,000,
time
from
of
North
ers
plan
this
March
met
for
says,
under
'
•
received
company
total
167,
the
bonds,
fund
bonds,
235.92
ICC
RR.
operated
New
stock.
due
A,
Creek
Beech
of
sum
Proposed Route—
on
application
for
March 16.
The
pre-conference hearing'
on
the company's present
on
plan
-7,
has
special
contract
The
lease beginning 1890.
City
this corporation's
on
came
that
The
sinking
fund
follows
as
adjustment 6%
esked
'company
The
Inc.—Hearing
transcontinental
southern
city, on
4%
sinking
receive $3,800,000
v.Tinrt <».t
about
50-year
4Va%
be allocated
issued
be
235.92
the
year
2594.
p.
National Airlines,
The
for
would
The Beech-Creek, which operates 118 miles
been called for redemption on April 16 next at
Payment will be made at? The Chase National Bank
have
1765,
present
of
Shipbuilding
■'
$53,000,000 at. the end of 1947.
V.
proposed
committee
of
tanker
the
I.G.N.
But
of the
equitable by I.G.N, first
separate reorganization
the
petition
a
which
...—__________
would
; .•7"'
has
a
Co.-^-Calls 5% Bonds—
first
outstanding
the
of
the
A
case
C
stock.
York,
and
'
company
tanker
New York Central RR.—Asks to Buy Line—
stock.—V. 167, p. 1154.
of
yardstick,
a
$250100
lion,
proposal to
of the company from class B common stock
change the
•
in
75-year
These would
The outstanding
Corp.—To Redesignate Common Stock—
Mullins Mfg.
of
1947
31,
News
owner, it was announced on March 17,
The tanker will cost in excess of $5,000,000
retirement program,
a
reorganization
separate
a;
securities
be'first .mortgage
B
1st
.
1,
Dec.
1st 4s
will expire at the close of business on April 26
Denver.—V. 167,. p. 1154.- '
."rt,) rt%rt
>/■-rt.
in
and
between
Yankees
York
routine
plan for dissolution
income
The
105
This
this
notice
subscribe
rights to
•The
Line;
that would be deemed fair and
1st A
-
on March
12 announced that , .this'issue would be quoted
until further notice.
It is expected that the record date for
the offering
will be the close- .of;'business on March 24, 1948, in
Denver;
that the rights' will be issued on March 26; and that'the
May
a
considered
i.G.N.
new
stock.
"ex"
All
Coast
New
clubs."
Newport
denied.
gage
Exchange
1948,
be
terms
mortgagevbondholders
offer
- its $100
par -capital stock the right to subscribe
additional share of capital stock for each three shares held
subscription price of $100 per share, the New York Curb
Gulf
holders ..of
to
assure
days'
30
upon
other
the
of
Financing—
the following statement
made
directors
tracts—
the"
INTERNATIONAL-GREAT NORTHERN PLAN
were
to
time
any
,Jfhe. Internattonal-Gieat Northern committee's
road
..
p.'1046.'
proposes
at
had'betm paid,
'
'
Mountain States Telephone & Telegraph Co.—Rightsbeen
owned
President,
of
7
business, approved a plan of the Equitable
Life Assurance Society of the United States, to finance by a
loan of
$1,600,000 the contemplated expansion program and property improve¬
ments at Yankee Stadium and throughout the entire system of Yankee-
°>'^-inkipg -fund should be organized to redeem them.
'
The
Having
mortgage on
with
the
-bonds-.'.onust be delivered; to E. G. Wagner, Treasurer for the
Trustee-,-Room .101, Missouri. Pacific Building, St. Louis
Mo
on or
midnidght, March 31;, 1948.-—V. 167,
redeemed
f0ALOf the plan would be applied to
All
12 o'clock
first
a
'VP-
eainings of the
after interest
.
before
with
secured
?1 Llnes-',,The reorganized Missouri Pacific would
fivceh
be
for this-, company, will purchase all
Central Branch Union Pacific .Ry.i Co. 4%' first mortgage bonds now
outstanding" In-.the hands of-4he- public, with all unpaid coupons
maturing,'on'; and'aftei" June 1,*1940,. attached, at m price of 80% of
the principal
amount of' any of the bonds so presented ($800 per
SI 000 bond);- This
is pursuant to an order of the U. S. District
Court for the'Eastern Division of „the Eastern Judicial District of
Missouri on \Marcivr.12,1194'8; •/ ,
rt: <v ./W,',h'
be
board
along
continue present interest rates, which range from
" *
; n
1
..
.
,
ill-si mortgage.
Thompson, .trustee
A.
.
Topping,
"The
u
would
:
Guy
072%',
to
/-_ • 1/r
RR.—Offers to Purchase Bonds—
Missouri Pacific
New York Yankees, Inc.—To Do Private
Dnn
Thofan exchange, the committee proposed:
whiwh
<.nnat!?r y dafce oi the New Orleans first mortgage bonds—
LdU? between 1954 and 1956—be extended to 1974. The
committer would also
""
ICC on
ability
l
(1259)
TOhn
*-
The
CHRONICLE
nJSongf-
New
„f
-
„nd
FINANCIAL
firlrtm^r?^'
New
registrar with the Republic National Rant
and
agent
.nnvinar
&
preferred stock
Telegraph
(89.07%)
640 957
shares
...
Co.
owns
of record and
of the company's outstanding
of
the company's
(78.17%)
(voting),
represent 86.59%
On
$100l_—
(par
Dec.
telephones
31.
in
Which
ownership
of common and
of total voting power
1947
service
the
and
company
were
beneficially
..,482,935
share •
2,787,577 common shares, and
outstanding 820.000 preferred
and
preferred shares
its subsidiary
had 3 .11.981
furnishing local service in 618
8
(1260)
change
areas.
subsidiary
About
34 %
located
are
located
are
THE COMMERCIAL
in
San
of
the
telephones of the company and its
Angeles and vicinity, and about 25%
Vicinity.
Los
in
Francisco
'
properties
of
...
of
$
oper.
$
$
1946
1945
$
.
'
.
chobee is
1944
»
revenues...
Fed.
oper..
taxes
Credit
on
carry-back of
profits credit
Other
fenred
will
81,578,214
75,661,339
coastal
9,024,000
35,538,282
33,920,702
and
22,283,059
17,825,790
17,006,786
of
17,773,537
1,071,010
'
Preferred
stock
the*"e
I_I~~
been
no
refund
(net)
due
to
total
Income
and
and
miscellaneous
net
income
income.
names
debentures
to
of
be
the
Kuhn,
W.
—
less
miscellaneous
by
&
.*
-
and "the
each
Lee
&
are
Si
Carl
;4ooiooo;
Townsend,
150,000
225,C00
Paine.
Paine,
&
of
Michigan Corp.
Folger,' Nolan. Inc,-t___
In?'
500.0C0
"
R.
£ human,' Agnew
Co,__ •
Hemphill, Noyes &
Henry Herman &
Hill
Richards
&
F.
Co._
E.
'he
Hutton
Illino's
Tohnston,
Kalman
Inc.
&
Co
&
&
&
Co.,
"
G.
Walker
H.
500.000
Weeden
White,
Company,
Si
Co.,
Weld
225,000
The
Witter
Co.—'
tors
March
17
to
167
'-*■
W.
and
Buckley,
sales
4
of
"
p,
/*■)
1
i
•
the
broader
Bodman
opportunity
are
of
withdrawing
750,000
least, to. maintain
stockholders as great* a
director
1,
1,000,000
Is
much
extensive
more
Mr.
sented
mails.
Thev
three direc¬
is
«-•
yet
to
Anthonv.
Mr.
-
The
preferred
v."*'
the
& Coke
Miadleton
not
on
less
that
share
per
is
entitled
whole
in
or
than
prior to
or
to
with
to
v
5,
Mr.
and
director
a
products
and
firm
of
if
30
Feb.
date
in
operates
Besides
of
for
Longlev,
many
stockholders,
of
stock
Erie,
Earle
C.
Anthony,
Inc.,
distributor
California since 1905.
He's also widely
the 50,000 watt station
KFI in Los
Mr.
Chr'stopher
and
month, other members of the
dent of
engineering; James
andHugh J, Ferry,
the
of
In
the
sell
C.
to
will
Pa.
1953;
on
or
at
be
-
the
at
$52.50
arrangement
was
on
an
March
9
additional
obtained
Oct.
announced
$4,090,000
2,
1946.
outstanding, including the
As
that
it
under
of
has
the
Bogle,
share.
its
•
$40,000,000
to
Feb.
to
ment
Gas
set
by
Power
this
Co.
It
company
d
sa
it
for
would
the
and
hold
a
Under
Efts;
the
Ohio
Dec.
be
for
and
28,
taxes.
in
each
Exempt
Transfer
Agent:
the
certain
feet
Panhandle
daily when
for
the
cubic feet until
The
Oct.
substantially
East
fac lities
other
1,
are
facilit'es
deliveries
Commission's
sold; to
hearing
to
gas
the
on
the
matter,
would
1950.
present
to
and
above
those
167,
Panola Gas Co.
and
to
up
have
been
now
received
by
that
for
sources,
A
the
to
plan of
directors
vote
Daniels,
on
Ohio
time
did not
cents
thousand
a
additional
Panhandle
the
volumes
for
gas
proposal,
s
common
stock
properties
of
the
this
meeting
it
was
company has been approved by
of stockholders called lor
April 2
announced
on
March
17
by
C.
U.
nnnnizaticr of t">o new corporations to
which
will be
transferred, and for the exchange of
present
companies.
Jointly
properties"
which
with
Creole
include
2,400
/
company
for
common
stock
of
all
Petroleum
other
Corp.,
Pantepec
and
the
two
"non-producing
properties.
&
Co
goo
4
,
••
'•
I
?
.
}V J
[
Gas Property Transfer
on
stock
cash
additions
to
by
for
equipment,
and
the
be
$311,000
for
for
for
estimated
ending
year
will
is
Dec.
31,
buildings,
equip¬
station
plant.
program
(a)
treasury
the principal
and
items
amortization,
when
and
GIVING
as
stock
are
;
•
due
TO
1975
order
is
ex¬
funds
from
provisions made
from
PRESENT
the
sale
of
FINANCING
-
no
par__
t
the
bonds
40,000
*
that
shs!
70,400
•
may
t
me
of
in
its
lieu
received
notes
the
The
latter
of
name
years,
in
AND
Mutual
by stockholders.
At
the
present
the
time
,
TERRITORY—Company
Telephone Co.
Pennsylvania,
for
the
on
was
incorporated
Feb.: 1, 1897 for a
of constructing,
purpose
operating
(3)
26,
6f
1921,
and
various
term
of
of
of
To
the
able
of
authorized
and
been
munities
four
extended
and
general
company
compan es,
was
until
at
surrounding
areas.
On
changed
the
it
31,
the
of
properties
operation
of
in
1930,
Pennsylvania
dated
and
the
serves
territories
July
to
of
area
present
33,000
from
Equitable
capital
scares
33.000
authorize
stock
of
that
so
caoital
of
there
stock
new
will
be
(par $100),
stock
common
the
due Oct.
es
dated
issuance of $15,000,000 27/a% first
1572, to be issued under and secured
1.
Oct.
1,
1947
Co.,
in
par)
ol
to
Mellon
National
Bank
&
Pittsburgh.
issue
to
Ph'ladelohia
new
common
stock
To
retain
the
due
Oct.
1972,
for
1,
100%
of
additions,
(5)
To
for
cost
promissory notes
by
ret
the
accounts
and
re
cancel
by Philadelphia Co.
accordingly.
Finleyville Oil & Gas Co.
(Di
(1)
To
transfer
book
to
certain other minor assets
(2) To transfer to
$501,775,
amounting
account
and
to
in
balance
of
and
its
Equit¬
to
Co.
stock
capital
its
reduce
its
capital
natural
30,
1947
its
net
partial
gas propert:es at net
($501,775) together with
of
as
June
plant
gas
m'scellaneous
assets
cancel'ation
representing prepayments for
r^.t0 F:nleyville and
The
of
Philadelphia
proposes:
(value, $1,767
certain
$1,767
Equitable
all
Equitable
a'
indebtedness
by
shares
June
of
as
the
33,000
to
Equitable
value
and
transferred
the
transferred
stock
of
first
mortgage bonds,
providing funds to reimburse Equ tvalue, whichever is less, of perma¬
fair
or
Equitable.
$1 000,000
in
use
defined under the terms of said trust indenture.
the
represented
($20
remaining
the
as
cancel
Equitable and
amounting
of
$619,319.87
of
carried
service,
deferred
debits
deferred
the
undelivered
to
1947).
30,
in
and
credit
made by Equitof June 30, 1947.
gas
as
the account
($115,777) will be set up as an account
Equitable, which will be assumed
by Philadelphia Co. upon
of
Finleyville.
(3' T° transfer to Philadelphia Co. its
remaining assets, including
7,009
shares cf
common
stock
of
Monongahela Street Railway, an
indirect
subsidiary of PhHadelphia Co., subject to Flnleyville's liabili¬
ties, inc uding the accounts
payable to Equitable, which will be treated
.°tf"set in determining the amount of the
new
common stock
rmf ^suec* by Equitable to Philadelphia Company,
ihe transactions
to be consummated
as
of June 30,
1947, affecting
the capital
structure
payable
to
liquidat'on
Equitable
■:
v
are
common
Outstanding
not
capital
Earned
surplus
jAfter
West
$14,000,000
current*
$20,953 872
20,505,671
}
l.
to
Jan.
approximately
Pennsylvania, grouped
the
corporate
Telephone
name
Corp.
of
in
the
10,940,000
3,300,000
(deficit)
41,054,386
for
interest
June
30,
owing
1947
($345,403).—V,
to
Co. earned
Pittsburgh &
Philadelphia
($409,311)
167,
and
"to
655.
p.
Philadelphia Electric
Co.—Weekly Output—
The electric
output of this company -and its subsidiaries for the
March 13, -194C
amounted to
week
ended
.
11,733,000
V.
167,
kwh.,
or
8.5%,
the
over
1155.
p.
149,871,000
special
be
held
meeting of
on
April
22
the
to
$4
cumulative
consider
a
kwh.,
an
week
corresponding
Pillsbury Mills, Inc.—To Create
A
Unsecured Fund
Electric
the
pared
output
week
of
ended
the
166,
p.
1055.
"
Output—
operating companies served by this
13, 1948 totaled 245,846,000 kwh.,
March
with
Debt
preferred stockholders will
to create an issue 0
Pioneer Service &
Engineering Co.—Weekly
for
increase oi
last 'year-
proposal
$12,000,000 unsecured funded
debt.—V.
225.543,000 kwh. for the
corresponding
increase of 9.0% .—V.
167, p. 1155.
franchises
company
357 com¬
*41'459'543
~
stock
adjustment
January
Virginia
•
,
30, '47 Pro Forma
1972
stock—
Present
from
follows:
June
due
affiliates,
Philadelphia Co.
Pxttsburgh & W. Va
New
as
,,
,
mortgage bonds
Indebtedness to
99
maintaining
charter
through the acquisition
other
of
Philadelphia Co.
exchange for the assets to be
transferred^by that company to Equitable, (i)
$14,000,000 of Equitable's
first mortgage
bonds, series due Oct. 1, 1972, and (ii) 547,000 shares
under
telephone lines and exchanges and
supplying telephone
service in the City of Erie and in
M'llcreek Township, in the
County
of Erie,
Pa.
By virtue of an amendment to the
has
by
outstanding, 750,000 shares
issued
.
BUSINESS
($1,144,009
\
the
of
and
create
Trust Co.
shs!
be
except that it shall not at
any
authorized indebtedness of the com¬
the
increase
To
™
70,292 shs.
t
of
interest
Philadelphia Co.
Equitable, consisting
$20).
(2)
First
indeterminate,
amount
To
of
$5,500,000
t
par__
of
and rents
($18,Philadelphia Co.
to
to
of
be
promissory
Outstanding
'Indeterminate
no
amount
stock
interest
current
^
(b)
the
funds
in
It
required.
$50)
(par
required
definite.
hand,;
on
which
(c)
be
yet
Authorized
(cumulative),
(cumulative),
the
may
not
funds
and
EFFECT
series
demand
and
by Equitable
proposed to
Virginia.
for
Equitable
rent
_
as
are
of
for
West
authorized
(par
a
Company's
owing by
capital
$100),
and
depreciated
betterments
owed
mortgage bonds, ser
by trust indenture
made
financing
use
(!)
that
.
It
1947)
accounts receivable
1947)
aceount
present
authorized,
able
to
30,
The
now
nent
advances
$1,585,090.
$444,009
future financing
such
to
aggregate principal
the indenture is
exceed
to
30,
aggregating $11,450,000, together with the non-current accounts receivable for
interest
($9,055,671 at June 30, 1947) upon such notes proposed to be
received
by Philadelphia Co. from Pittsburgh and West
V.rginia.
(C) Equitable proposes:
for capital
betterments.
company is $15,000,000.
Indenture
contains
certain
restrictions
and
conditions
regarding the purposes
for which
additional bonds
may be issued and the manner of
such
issuance..
1
tThe authorized capital stock of
the company is
$10,000,000.
Out
of
such
total, the company, at Dec.
31, 1947, had authorized the
issuance of 60,400 shares of
common stock
(par $3,020,000) and 70,292
shares of $2.10 preferred, stock
(no par),
having an aggregate stated
value of $3,749,828
Since that
date, the company has authorized the
issuance of an additional 10,000 shares
of common stock
(par $50 per
sh.) and 40.000 shares of preferred stock
(no par), which are to have
an
aggregate
stated value
of
$2,000,000.
Out
of-the
balance
of
authorized capital stock, the
company may hereafter,- from time to
time, issue add tional shares, with or without
nominal or par value1
and of any class or series now
authorized or hereafter created
having
an
aggregate par value or stated capital not
greater than such balance.-
and
Properties of Pantepec are now
divided^ into two categories: "pro-»
ducing properties"
covering approximately 70,000 acres in Venezuela
operated
Yarnall
2,400
Co:
.
for
special
provide for
Pantepec
new
a
.
promissory notes of Equitable in the aggregate
$2,090,408, owned by Philadelphia Co., together
of
current
(par
(5)
:■
which
,
reorgarJzation
and
has
company
part
June
Pittsburgh
arranged
and
and
pany as f'xed from time to
the authorized indebtedness
25,000,000
Venezuela, C. A.—To Segregate 1
President.
The plan
pfd. stock
under
,
of
made
is
securities
pfd.
Common
Preferred.—See Chicago Corp. above.
Pantepec Oil Co.
Properties—
of
betterments
this
however,
$2.10
Loans to Parent to Retire Latter's
—
in
company
additions
demand
The
series
the
represent
*
betterments
outside
First mtge. bonds 27/8%
945.
p.
for
CAPITALIZATION
agree¬
..'
preferred
.
25.9
these
the
of
during 1947 have been financed
the
advances by. General
Telephone Corp.
engaged in a large construction
program, it is
additional capital funds will be
required.
depreciation
31,
completed.
for
listing
heretofore
the
amounted
office
.
rates
June
(4)
by
futv.ro
property
1547,
and
funds
out
additional
31,
$932,0C0
plans
carry
pected,
.
order said the
Ohio.—V.
completed
are
used
credit
East
but
be
purposes.
central
company
expected
agreement, Panhandle would have delivered to
add'tional 12,500 000 cubic feet of
natural
gas
daily
an
when
rate
natural
an
for
at
shares
Exchange.
financing,
$3,702,000,
treasury
Since
proposed
cubic
The
of
suspended
at
if
at
Registrar: The Marine National
made
finance
'The
13
White,
Co.—i'|20o
Moore, Leonard & -Lynch—
'goo
.Schmidt, Poole & Co.—___
goo
Singer, Deane & Scribner__
goo
;
non-current
(•3): The
redeemed
1958,
redemption.
of
property
Telephone Corp.
additions
will
with
Feb.
March
on
sale
date.
a
are
Comm'sslon
pay
capital
ended
Additions
Panhandle Eastern Pipe Line
Co.—Pact Suspended—
Federal
& Co..—
1*200
Marks & Co._
1 200
Weld &
that
amount
the
863,464
1.
com¬
share
if
1958,
28,
Feb.
date
expenditures
to
this
ETC.—Gross
$2.25
The
The'
(2)
March
Dec.
Tne
General
gross
ment,
29, 1948, $12,000,000
$4,000,000.—V. 167, p. 472.
said
v
with
10,000 shares of common
proceeds from the sale of the common stock
demand notes of the
company in the principal
held
by General Telephone
Corp.
The
notes
($50).
$1,152,000
radio
Dec.
will
for
part
with
$500,000
to
year
1948,
Packard
since
-
under
of
per
share
per
to
and
..
American Airways
Corp.—Borrows $4,000,000—
corporation
borrowed
•
issued
/.
been
Stock
proceeds
in
ADDITIONS,
for
Pan
This
2 400
Parsons
(A)-Pittsburgh & West Virginia:Gas Co. proposes to declare a,divi-}
dencl in kind to Philadelphia Co. of:
••'»•
"(1),' The capital stock of Equitable .Gas Co.; owned by Pittsburgh
West Virginia Gas Co. and consist'ng of 33 000 shares
(par $100)^^^
(2) The demandl promissory notes, of Equitable -Gas Co.
{$11,450,000)
owned by Pittsburgn & West Virginia, together with the
non-current
accounts receivable for: interest
($9,055,671 at June 30; 1947) upon
such notes owing by Equitable to Pittsburgh and West
Virginia.
(B) Philadelphia CO. proposes to transfer to Equitable, in
exchange
for
new
common
stock : and
first
mortgage bonds to be issued
by i
Equitable, as set forth below, the following:....i•'vlV;a 11;
(1) The natural gas producing, transmission and distribution
prop¬
erties-of-Philadelphia Co.-now leased to and operated by Equitable,
before
v
from
1,
option
parent, General Telephone Corp.,
of
internal
lf47,
hiladeiphia
corporation for
Angeles.
directors (o be elected next
Col. J. G. Vincent, Vice Presi¬
are
j
.
,v
.•»
dividends
Sept.
time, at
$52
prior
subsequent
to
.■
has
treasury
par
used
payable
new
tnard
its
and
its
at
amount
McMillan, director of The Detroit Bank;
President, Secretary and Treasurer.—V. 167,
Vice
r
connection
stock
'
com-
in
the
cn
purposes,
President
known
Shares
•
will
in
princioal
,
1,
any
no*ice
28,
but
dividends
Erie,
PURPOSE—Net
years.
is
No. of
*'
'
Co., Inc.—___i.___
Philadelphia; Co. : would own aU of- the common'
stock of Equitable, and Equitable would be recapitalized.
The trans¬
actions proposed are summarized as follows:
v
Preferred Stock Of¬
—
June
at
davs'
redeemed
accrued
reimburse
in
now
executive
Bodman,
Armstrong, Packard's legal counsel
Anthony, Packard's reccnd largest
number
transmission
Co>and
1947,r—V. JL67, p.; 472.1
V
cumulative
l,
part
Eric, Fa.
that
the
&
re¬
'
the
among
Corp.—Stock Options—
quarterly,. March
a
LISTING—Application
of
depositors and stockholders.
Mr.
Bogle is a member of
and
Laurence M.
Co——-i
&
taxes
of
•.
hold a hearing March 30 < on company's
proposals,
other matters, provide that all the natural gas producand distribution properties' of the
Philadelphia Co
Pennsylvania would be owned and operated by Equitable
SEC
The
"
the option plan on May
stock
payable
upon
Bank
store. He's director
the executive committee
of the Federal Screw
Works,
and a director of the
Grosse Pcinte Bank. He also has been in
charge
of the
administration of the as ets of Guardian
National
Bank
of
Commerce of Detroit rnd
First National
Bank-Detroit, on behalf of
and Chairman
&
P.M048.
&
Graham,
8,200
—
NeWbold's Son
167,
ln„
.
the
2
n
from present
reunsylvania personal
First National Bunk of
Erie,
pre¬
ZurSchmiede, Henry C. Bogle and Earle
meeting will be held in Detroit April IV
•
annual
-
:'Vl;
Philadelphia Co,—Hearing
."'iy
^
■—
■
1-
as
the
Tom
ZurSchmiede is a director and member
of
Crow'ey, Milncr Co., Detroit department
Clai k
H.
V.
^pro-
potendetermined,^ according to the
be
"
for
1948,
case
to
notices
proxy
W.
are
W.
Co._—
$386,006
profits
'
■
c——-
this •!>;
sv^tem
than. thalr of
corporation has registered
$51.50
re-igr.atien last November, due to il.ness and on
of his physician."
Christopher s"iI the immos of three
successors are boirg
for stockholders'
consideration in
advice
2,825
follows:
as
Stroud
&
Securities
Webster
&
W.
E.
with the requirements of
Securities
The
1.400,000
grant ycunger
resp ensibilitv.
Mr.
Parker
his
66,385 k
169,000!
reduction
a
underwr ters
are
€,600
4,000
4,060
Kidder, Peabody & Co.—— 4,000
'
managements t
the
& Co., Inc.——
Drexel
said:
'Pantepec .Is now paying annual
bolivars, equal to $1.28, per share- annu-
N
the
submitted
Mr.
$618^566
$460,020
excess
No. of
-
Jackson
Corp.
Secretary-
,
of
names
Z—------ Ir-vi-i-—~
Curtis
Stone: &
agreement dated
,"y
$930,218
_
Securities Corp. and associates on March 17 offered
40,000 shares of $2.25 preferred stock
(cumulative; no
par) at $50 per share and dividend.
Macauley, Chairman of the beard; Henry E. Bodinan and
B. Parker.
George T. Christopher,
President and General Manager and also a
director, said:
acau'ey and
"
;
270,500
purchased by each
Webber,
Paine,
ster
Robert
''Mr>,
6,050
Shares
Blyth
Pennsylvania Telephone Corp.
750,000
—
of
assume. the
^
852..-
p.
-
(.subsequent
retirement
be
to
,
Pantepec's Florida leases will be assumed
four
Pancoastal
of
pany,
the
178,220
21,417
$772,255
i.-——-Ta
interest in Pantepec's Creole and Atlantic
an
stockholders
rate of
desire
Redeemable,
announced
Alvan
John
will
and,
r'dpem^d
on
158,125
..a-—
initial board of direc¬
fered—Paine, Webber, Jackson & Curtis, Stone & Web¬
Packard Motor Car
Co.—New Directors—
The rompanv
income
(4)
2,800,000
-
Co
the
ana
-
750,000
Co
&
75,495
charges
shares
of
the purchase of $10,995,000
equipment trust, certificates will
be received up to noon (EST)
March 31, at office of Geo; H.
Pabst, Jr.,
Vice-President.—V. 167, p. 1155.
<7
•<
1,400,000
Co.—
Wisconsin
Dean
Capital
trust agreement for
Pennsylvania RR.—Asks for Bids—
,
2,800,000
Whiting, Weeks & Stubbs
1
X'dder, Peabod/ & CoT
2,800,000
?C'rkpatrick-P«tt'«? Co.
•225,000
—V. 167, p.
1155.
66,812
debt
UNDERWRITERS—The
present company.
a-voting
and
company
Stockholders approved
1,400,000
Co.
Inc
&
>
-
150.000
-
Corp.-
&
$978,185
55«776
158,125
8,091
627,423
178,260
780,585
,140,044
191,044
'Equivalent to the reduction of income and
resulting from
refunding of bonds, applied as
financing costs. /,
Pantepec Oil
.
750,000
&
the
under
of
18.000 additional capital shares
Exchange Act of 1934. These shares are to be
on
tjie-exercise of seven options and five, contingent options
May 5, 1.' 49r by certain directors and stockholders, at $10 a
2,800,000
Spencer Trask & Co.—
Anthony
:
officers
and
oj
'
Bids
'
Securities
for
Voting trustees
Pennsylvania Coal
225,000
Inc
Union
$1,133,733
(Cr)_
deductions
Net
share
one
225,000
——r
Co
Tucker,
:
The
-225,000
Co.^
Corp.
225,000
Co.
Staats
that
held
interest in
the
acreage
the
& Webster Securi¬
Sutro
1,400.000
Company__
Lemon
&
Co._
Co.—
R.
149,074
$978,065
''
long-term
on
'Special
Compagnie Francaise des Petioles covering the
latter
of
Pantepec's production .from
properties
an
1
Co.— 2,800,000
Si
St oud
150,000
f
2,000,000
&
ties
J. B.
H.U'ard & Son
225,000
Hornblower & Weeks—
1,400.000
"V.
Co.
&
directors
as
be
acreage
225,000
Barney
Stone
225,000
&
1
Sm'thers
S.
William
1,400.000
Co
Pressprich
Smith,
500,000
Co.,
W.
will
of
proven are^s to be owned b" the new
Pantepec -company hut the
tial value of the
1400,000
Hawley; ShepCo., Inc
&
750.000
—3,800.000
(Inc.) 1,400,000
,Iarris, Hall & Co.
Tayden, M'ller &
Curtis
ard
same
basis
the
on
Venezuela, C.A.
of
companies.
the
-letter.—V'.
Co.s_
225,000
Jackson^
Jackson
Webber.
Webber,
Prescott,
Goldman, Sachs & Co._ 2,800,000
Harriman Ripley &
Co.,
The
Co;_^_'.-1,400,000
Northwest
170,455-
1,206,504
.
Pierce,' •'
Beane——_ 2,800,000
Beane—2,800,000
&
Moseley &
Pacific
1,400,000
Boston Corp. 2,800,000
California Co.u_;_
150,000
First
8.
$3,551,382
575,816
---
Other
Oil Co., C.A. together with two
Oil Co., C.A. for each present
further, to distribute to
that income as may be consistent
godd oil field practice pertaining to-
Lynch,
Fenner
F.
of
LvillJJBulvu,
It is
dividend
'750,000
Merrill
Dominick- 1,400 000
1,400,000
500,000
Int.
the-:exploitation of proven areas."The
areas
to be
owned
by Pancoastal, on-the other'hand, will
,.-'.750,000 ; J require substantial expenditures for
exploratory work and will involve
'
all'the risks of
wild-catting in the search for oil, the-letter said.
-Marks ;&
M.
and
new
.41" Yt-
portion
-^—'2,800,000
Rhoades
___u—^•
CO.
First
First
Loeb,
Laurence
^tabrook & Co.—_____
-r
Co.
'
;
Drexel & Co
Francis I. du Pont &
Co.
E worthy &
Co.^.
The
M.
&
Co.
be effected
Pantepec
Pancoastal
of
option to acquire
letter
ally.
1,400,000
Brothers
(net)
with
the
dividends at
2,800,000
Corp.l^u
Higginson
Lehman
Co.—_
the
Pantepec
by
an
the
J
Co.—2,800,000
Freres
be
1947
contracts
by
550,000
172,861
income
deduct.
income
Miscell.
operated with Creole Petroleum Corp,The option agreement
also dated Oct. 26, 1946 under which
Compagnie Francaise des Petroles
Langley h Co.^_ ;1,400,000
.
Crouteryft; Bodine_--_
new
26,
purchase
.follows:
as
Oil
Pancoastal
Oct.
prin-*
Puy,*oo
—
operating
Net
will -have
Jointly
de-
611,293
440,000
of
holds
Loeb
C.
Lazard
Co.;. Inc. —w—______
225,500
Alex. Brown ' <r
Bote}—'' 750 000
Brush, -Slooumb & Co:_
150,000
eiaxk, Dodge
co.:r_ 1
Doininick JU
of
The
Stanley & Co.^$3,000,000
Blyth fc Co., Inc
2,800,000
Bosworth, Sullivan & CO, >
150,000
Haven St
C.A. will
The'
1946
2,237,417
profits tax, net
taxes
Other
,
1944
$3,760,310
1,322,334
543,857
'.
Pantepec
and
E.
profits
for
Pantepec
will
new
stock
Presidents, J. E. Fitz-Patrick
Treasurer, Roberto Pardo B. •
$6.25
.
income
underwriters
purchased
Morgan
De
'
excess
■:
UNDERWRITERS—The
Bramhail, Harbour
of
comprises
during construct'on)
auctions from
amounfof
15,382,813
$6.50
carry-back
-a
trans-
be
Oil Co.i-.C.A., which
outstanding 3,000,000
par value of
one bolivar each.
The
transferred to a new company, Pan-
1945
___
1 682 947
taxes—
income
Fed. exc.
Pancoastal will consist of John W,. Buckley; C. U. Daniels;
Fitz-Patrick; Benjamin W. Heaih; Joseph H. Himes; George S.
Montgomery, Jr.; Roberto Pardo B.; Fergus Reid, Jr., and Charles G.
Wray.
Officers of Pancoastal will be:
President,.C.,U. Daniels: -Vife-
4 920,000
.
the
of
period of ten years.
a
J.
$20,863,939 and $17,205,863, respectively,
dividends, Interest (including interest
.
cipai
2,753,370
4,920,000
15,998,125
of
stock
21,600,502 ^21,190,110
4,929,000 ' 4,920,000
8,223,352 ' 15,382,813
02.95
$6.25
»j'v.net °Perfttin8 income,
!'JSu
Ve b0en $21.402,238,
tether
.
2,614,671
stock
of. common
Membership of the board
tors
(6%)
treasury.
exchange of shares
share
23.943,480
3,658,076
12,727,292 '19,787,863
Cre
income
24,215,173
with
will be
Federal
"
;
«
.
2237417
the
common
Co.,
'23,445,939
6,117,255
Net income
Dividends declared:
Common stock
Per share
'28,214,142 '24,733,851
JDr538,299 jDr3,998,969 " Dr790,371
18,844.547
__
_~I
deductions
>23,984,238
stock
properties
will
properties
producing
called
be
Venezuela
held
is
-
;
.
have
in
shares
.
in
leases
Florida
1946
^
revenue
oper.
' operating expenses
r>pmeoiation and
Depreciation and amort.
;
——.
the
FOR CALENDAR YEARS
..
•
Total
Oil
The
20,346,071
OF EARNINGS
—-—-
Co., C.A., which also will be incorporated in Venezuela
outstanding 6,000,000 shares of common-stock with a
value of one bolivar each. An additional 2,000,000 shares will be
held
taxes.
—-----
to
comoanv
common
will
par
Cr2,582,000
income
Interest
new
a
oi
4,151,000
of
operating income
+Other
income
(net)i._
-m
SUMMARY
covered
Venezuela
in
acres
Pantepec's interest in
incorporated
shares
Net
Total
to
be
50,772,309
excess
operating
largest.
—,
subsidiary company.
the reorganization, the
Under
44,207,596
income.
account
main
main'326.117
j/o.117
a
non-producing
revenues..
on
the
through
282,592,802 266.090,388 248,870,088 221,600,042
Current
maintenance;.. b5,108,229 56,969,145 42,880,537
38,257,663
Depreciat.on
29,983,761
26,906,491
25,852,283, .24,685,674
Other oper.
expenses.. 143,293,306 131,442,443
98,559,054
82,995,366
Net
the
me
an
agreement with Atlantic Refining Co., and oil and gas leases
approximately 4,600,iCOo acres lota tea oil shore ixom the West Coast
Florida, as well as in adjacent bays, inlets and Islands; the beds
i.
Ar
T.ftkp Okeea
number of rivers, and the beds of 11
lakes, of which Lake Okee
on
STATEMENT FOR CALENDAR YEARS
1947
Total
in
,
by
and
„
CONSOLIDATED INCOME
comprise
Monday, March 22, 1943
CHRONICLE
FINANCIAL
&
company
as com¬
week last year, a
Pressed Steel Car
Co., Inc.—New President, Etc.—
I.
John
dent
a
to
Snyder, Jr., Chairman
succeed
director
nerv
Polt
executive
of
Ernest
Murphy
the
Co..
of
committee.—V.
167,
p.
the
who
company.
Wm.
has
been
elected
T.
a
946.
board,
has
has
resigned
been
as
elected
^re^,
President an
the Fian-
Kilborn,
President of
director
and
Chairman
of
j'
Number 4683,
167
Volume
THE COMMERCIAL
Service Co, of N. H.—Offering of Common Gets
public
Clearance—
proP°sed offering of 199,627
hpen cleared by
the SEC.
u
e
CHRONICLE
for Rate Increases—
to
Lie of the issue, which will be offered initially to common stockff,prs Was ruled exempt from the Commission's competitive bidding
fniiirements. Subscription warrants will be .issued by the company
f?its common stockholders.
.
PnimL
increase
throughout
country0
the
PURPOSE—The
been
unsubscribed shares after a 15-day period will be sold to a group
r'underwriters headed by Kidder, Peabody & Co. and Blyth & Co., Inc
The company
has received SEC authority to borrow $3,200,000 from
0r more banks
any time before April l, 1948.
Borrowings will be made on 2% 9-month promissory notes.
Proceeds
bp used mainly to retire $2,020,000 of presently outstanding short-,
a
nf
in
167,
EFFECT
Series
PRESENT
preferred stqck, cumulative
stock (par $100)—
provides
'Indenture
»
_____
(par $1Q0>_.—
Common
River Raisin Paper
that "the
aggregate
principal
Calendar Years—
®aIes
Net
of
.12 Mos. End.
Depreciation
k
will
2,241,836
1,500,507
Fed.
1,381,776
1,350,251
inc.^.
taxes
1,273,784
1,172,053
1,539,000
1,762,000
852,000
The
another
plant
improvement,
years
to complete.—V.
two
165,
p.
it
which
program
a
terms
notification
with
will be
used
for
will
when
it
reduced
and
5%
called
the
road's
the-new
for
preferred
that it approved
stock
modification
and
in
1946
in
the
$3,150,475
$4,528,335
was
20,245
19,456
two
for
modified
$3,537,407
$3,170,720
$4,547,791
714,550
760,536
2,947,552
,$3,540,187
1,695,720
$2,822,847
$2,410,184
$1,600,239
$1,844,467
The interest
charge for
one
that
in
of
control
its
welfare
the
and
road
York
and
its
"not
in
in
remain
the
hands
existence'should
continued
the establishment of
UNANIMOUS
the
of
of
hands
those
be
speculators."
voting trust,
a
safeguarded
said.
the court
'•
AGREEMENT
>
the funded debt of the company
year -on
.
the
sale
of
electricity,
the
sale
of
from
8.37%
water.
At
the
Oct.
sale
31,
of
1947,
natural
the
the
at
gas
acquired
cooperative, formerly
c>oidman,
Sachs
&
Co.,
utexel & Co.,
^•167,
>
p.
of
the
several
^
purchasers
2,025,000
The Milwaukee Co.——-,
...'A '
1,650,000
1155.
& Light
to
-0f the
in
so
the
and
^
go
bonds
1,000,0P0
Co.—Faces Condemnation
-
^Jritz County
decided
h
"as
the
by
W.
Action—
lin
'"es
of
each are as follows:
E. Huttqn & Co
$1,650,000
Tucker. Anthony & Co.,, 1,650.000
purchased
Puget Sound Power
•
comPany in the county. The P.U.D. now owns all power
county except those of Puget, which supplies the city of
several
smaller
an
communities.
attempt of the P.U.D.
to purchase Puget's prop-
rvfi faBed> after some negotiation.
.
voio^
P.U.D. Commissioners W. A. Cardwell and John Slade
din* 50r
the condemnation. Earl J. Cole, the third Commissioner,
irintwV
a public hearing should have been held.
Chairthat the matter has been discussed publicly by the
Vo^e- insisting
r*_, Cardwell said
humssioners
for
J
Public Utility District Commission, Longview, Wash,,
ahead with condemnation proceedings against prop-'
understood
two
the
years.—V.
167,
p.
852.
April
vote
14
on
a
proposal
to
split
the
up
Net
,
.
RESULTS
v.
-
,
.
••
CALENDAR
FOR
YEARS
due
C,
profit after charges and taxes——..
*$1,103,399
$383,654
$11.73
$4.08
$100,000
equipment and
and
V.
March
167,
F. H. Millard was promoted from Comptroller to
Comptroller, with headquarters at St, Louis, Mo.—
1,
and
President
1049.
p.
rate
undetermined)
Common
stock
"Additional
trust
for
only
the
Bondholders—v/%
to
Pursuant
an
Connecticut
of
have
Bank
&
tration
v
.
of
order
dated
Payment to Registered
June
...
25-year sinking fund gold bonds due April 1,
1954,
surrendered their bonds to the The First National
Co. of Bridgeport,
trustee, for stamping and regis¬
provided in the plan of reorganization by Nov. 8, 1948,
not
Trust
as
and precluded from participation in the
of reorganization, it is announced.
of $46 on each $100 face value of bonds
to
all holders of registered bonds of record
the close
March. 15, 1948.—V. 155, p. 268. '
.
will
■
<
A
barred
be
under
said
Diego Electric
($20
($10
Diego
agency
3,200,000
.
par)
(dividend
375,000 shs.
375,000 shs.
375,000 shs.
.
None
1,550,000 shm
be issued under the mortgage and deed of
with the provisions thereof.
tAuthoriZea
as collateral under the standby loan agree¬
may
■
■
AND
„
the
sale
of
of the
operating revenue
gross
was derived from the sale of electricity, 30.3% from
and .5%- from the sale of steam. During this period
gas,
approximately 59.0%> of the total electric, 75.7% of the total gas, and
the steam operating revenues
wtre
derived
corporate limits of the City of San Diego.
all
of
the
STATEMENT OF
FOR
INCOME
operating
Operation
1947
$18,113,322
7,803,124
Provision
938.111
978,034
$19,718,474)
9,848,55J
1,173,655
2,113.893
1,860,849
1,985,239
repairs—,
Depreciation
—
limited-term
of
404
397
397
149,776
176.500
243,794r
invests.^.
annuities—,-,:—:.,
for
YEARS
1946
$17,463,481
revenues
and
Maintenance
within
sales
6,968,809
Total
Amortiz.
from
CALENDAR
1<U5
320,000
3,520
Federal
income-
1,581,470
1,693,882
1,785,470
revenues.
income—interest
__i
$5,711,018
$5,280,536
$4,477,843
5,740
14,787
990
$5,716,758
$5,295,323
$4,478,833
other
Net
retirement
increase
to
Prov.
Taxes
than
annu.
operating
Other
income
Gross
,
——
Ry.—Sale—
company
Gas
&
Electric
in our issue of
was
of company in New
664,207
652,940
556,920
3,545,000
1,843,000
1,420,000
deductions—
income
taxes
income
on
848,000
312,750
Amort,
424,000
565,000
$1,527,383
$1,624,147
375,00o
l,0G0,00O
acquis,
plant
of
adjust.—
'
income
Net
—
—
$1,507,551
—
Preferred
dividends
375,000
375,000
Common
dividends—1,000,000
1,000,000
principal
Halsey,
•
Inc.
names
amount of new
of the several principal purchasers and
bonds purchased by each are as follows:
Stuart
&
Co.
—v———--$3,450,000
Allison-Williams
Co.--—'
Otis & Co
Roger S. Palmer
100,000
100,000
Dahlberg & Co.-- 200,000
& Co.———- 250.000
Dempsey '& Co,—-—.— '
150,000
Gregory & Son, Inc.— '
450,000
Ira Haupt & Co.——*
250.000
Hayden
Stone & Co.
1,000.000
The Illinois Co.—— *
300,000
Win.
Brothers
L.
R.
Day
Mullaney, Ross & Co.—
167, p. 1156.
E.
Pollock
——_
Co
&
1,000,000
100,000
Co.,
Inc,
!———
300,000
L. F. Rothschild & Co. 1,000,000
Chas. W. Scranton & Co.
250,000
Walter Stokes & Co.150,000
J. S. Strauss & Co.-—
250,000
Thomas & Co.———
200,00o
Harold E. Wood & Co._
150,000
F. S. Yantis & Co., Inc.
100,000
-
Henry
'
250,000
•
—V.
Scudder, Stevens & Clark Fund, Inc.—40-Cent
.
will be paid
of business
awarded March 9 on a bid of 100.8133. Other bids,
all "for 3s
were: .Merrill Lynch, Pierce, Fenner & Beane,. 100.809;
Blvth & Co.
Inc., 100.665; Salomon Bros. & Hutzler, 100.612; Lehman
Bros
and Bear, Stearns & Co., J 00.5699; White, Weld & Co., and
Shields & Co
100.5211, and The First Boston Corp., 100.14.
Dated March 1, 1948; due March. 1, 197L. Interest payable on March
1
and Sent 1 of each year at office of trustee in Sen Francisco or at
issue
None
10,000,000
.
2,000,000 shs.
compliance
of deposit
company
The directors
York. Bonds will be redeemable as a
whole,
Div.—
March 11 declared a dividend of 40 cents per share,
on
Pavments ir»
1947 were as follows: 75 cents each on March 20 and June 20 on stock
outstanding'prior to two-for-qne stock split-up; 37% cents on Sept. 20
on
stock outstanding after split-up;
and a ytar-end of $1.57'/a on
payable
tional
The
($20
par)
bonds
in
purpose
the
Co.—Bonds Offered—As
March 15, Halsey, Stuart &
Co. Inc. and associates offered March 11, $10,000,000 1st
mtge. 3% bonds, series C, due 1978 at 101.39 and int.
San
this
mentioned
FINANCING
$16,000,000
'
par)„_..__
'j During 1947 approximately 69.2%
of
Dec.
of
the
Outstanding
8,000,000
■
and the Sen Diego & Coronado Ferry Co..
hv the Spreckels interests to trie City Transit System for an undisclosed
sum
was reported on March 3 by R. L. Regal of San Francisco, Presi¬
dent of the J, D. and A. B. Spreckels Co. • •.
The City Transit System was organized by J.. L. Haugh of Oakland,
Calif
who also operates transit companies in that city, as well as
Bellingham,. Wash.: Everett, Wash.; Butte, Mont.; Great Falls
Mont.,
and Fresno.
The transaction is subject to approval of the California
Public Utilities Commission.—V. 133, p. 1126.
Sales
loam-
but
distribution
plan
payment
San
/
the U. S. District Court for the District
19,
1942, holders of unregistered first
6%
mortgage
who
Into.
the
BUSINESS—Company was incorporated in California
April 6, 1905.
Company is an operating public utility engaged in the
business of generating, purchasing, transmitting, distributing and sell¬
ing electric energy for light, power, and heat to domestic, commercial,
industrial, agricultural, governmental, utility, military and naval cus¬
tomers in San Diego County and in a portion of the southern nart of
Orange County;
and of purchasing
natural gas at wholesale and
manufacturing/ transporting, distributing, and selling gas at retail to
domestic, commercial, industrial, governmental, military, and naval
customers in the City of San Diego and other communities in western
San Diego County.
Byrd
Saltex Looms, Inc.
(The)
PRESENT
TO
—
the
Southwestern Ry.—New Vice-President—
Louis
Effective
well
stock,
ccfnditlons,
10,000,000
PURCHASERS—The
Vice
undei^
issued
preferred
of
Acceler. amort, of debt disc. & exp.
appropriated for higher replacement cost
$40,000 for contingencies that were
charged to the earned surplus account.—V. 166, p. 2564.
of
Exclusive
machinery
St.
sources,
funds
1978
Promissory notes
Cum. pfd, stock, 5%
series
Cum., pfd.
stock, series B,
Federal
1946
1947
'
Earnings per ^share——.-i————r—•
"
construction
sale
EFFECT
GIVING
items,
such
above
sources
(principally
approximately $2,162,72(1-
be
market
upon
the
notes
the
the
of
depend
to
ample
retire
from
internal
from
.
V.
-
-
.
of
funds to be accumulated by the company during
1948-1950 through provisions for depreciation and amorti- *
.n ahd the retention of earnings, will be sufficient to finance the
Obstruction expenditures of the company during that period.
names
Series
Total
period
amount
will
sale
with
to
proceeds
de¬
remaining1
the
on
CONSOLIDATED
/
*
principal
will
the basis of four shares of $12.50 per share fox94,018 shares of $50 par value stock outstanding.
;.
stock
of
each
j» series B arid
che
the
stockholders
The
CONSTRUCTION PROGRAM—During 1947 company expended ap¬
proximately $10,230,000 for the construction of additions, extensions
and
improvements to its electric properties and for the acquisition,
in
December, 1947, of the electric properties of Oklahoma Power &
Water Co.
Company
estimates
that during the
years 1948, 1949
and 1950 it will
expend for the construction of additions, extensions
and improvements to its electric
properties approximately $16,941,000,
°f which
approximately $4,745,000 will be expended for the purposeof
increasing
the
capacity
of
generating
stations, approximately
85,333,000 for the construction and
improvement
of
transmission
lines and
facilities, and approximately $6,863,000 for the construe-;
Don and
improvement of distribution systems and other facilities,
these
additions, extensions and improvements include, as presently
contemplated, the increase in generating capacity of 55,000 kilowatts,,
*ne
construction of 225 pole miles of transmission lines of voltages
UP to and
including 138 kilovolts and the changing of conductors
on
80 pole
miles
of
transmission
line,
the installation of 343,264
KUovolt amperes of substation capacity of various voltages and the
construction- of 623 pole miles of distribution lines of various volt¬
ages; the figures in
each case being
approximate.
It is nresent.lv
stimated that the funds to be received from the sale of the bonds
Salomon Bros. &
Hutzler$2,025,000
such
available
estimated
it
expects
the
to
agreement
Authorized
Safety Car Heating & Lighting Co., Inc.—Plans Split—
,
electric
the
sale, to one
municipality and one rural electric
Served by Oklahoma Power & Water Co.
PURCHASERS—The
equal to the dividends received by the voting trustees, less
Federal'or state taxes paid by the trustees.
The trustees also would, have power to sell all or a portion of the
deposited stock, "and consent to the sale or lease of all or a portion
of the property of the reorganized company, at a price and terms ap¬
proved by voting-trust certificate holders representing at least twothirds of the stock deposited under the trusts.—V. 161, p. 1155.
capital
of
hd
payments
to
retail,
properties, assets and business
Oklahoma Power & Water Co., which served San Springs, Okla.;-<
and 21 other
communities, and the company now supplies electric,
service at retail to 9,695 customers in the 22 cities, towns and un¬
incorporated communities and adjacent rural areas and, at whole-*
company
practically unanimous agreement' that the stock of the new
placed in voting trusts to insure stability and continuity of
during the critical early years of the reorganized com¬
pany's existence as well as to avoid the "probable danger" of its
control
"falling into the hands of persons whose primary interest
might be in scrapping the road lather than in its continued operation
for the benefit of the people and the communities now served by it."
The ICC also rejected a plan of reorganization proposed by shippers
that the road be reorganized as a cooperative, shippers to receive
refunds out of the earnings of the road.
While the ICC did not pass
definitely on the question, it expressed grave doubts about.such re¬
fund
being analagous to the payment of dividends.
The question
whether
or
not
payment of refunds might be in violation of the
Elkins Act, prohibiting refunds, it left for the courts to decide.
The voting
trustees are to issue voting-trust certificates entitling
the registered holders to receive stock certificates for the number of
shares specified in each certificate, and, in the meantime, to receive
was
company
154,739
customers,
in 227
cities, towns and unincorporated communities and in adjacent rural
areas,
and, at wholesale, to eight municipalities, 12 rural electric
cooperatives, two non-affiliated
public
utilities
and two affiliated,
public utilities.
At the same date, the rompanv suoolied water to
1,042 customers in four communities.
At the end of December, 1947,
service,
of
HISTORY
management
BUSINESS AND HISTORY—Company,
organized May 29, 1913 in
Oklahoma, is
engaged
principally in generating, distributing and
selling electric energy in eastern and southwestern Oklahoma.
It
also owns
and
operates four small water utility properties.
Prior'
to June 30, 1947,
the company was engaged also in producing, pur- ■
chasing, distributing and selling natural gas.
;
At organization, company acquired the properties of Atoka Ice &
Power Co., Guthrie Light & Power Co., Oklahoma Electric & Refrig-.
erating Co. at Coalgate, The Tulsa Corp., Vinita Electric Light, Ice &
Power Co., and the municipal plant and distribution system at Lehigh,
all located in Oklahoma.
In
the period since
its organization, by.
extensive purchases of utility properties, from corporations, individuals
and municipalities, and construction of
plants, transmission lines and
distribution
systems,
the company has expanded to
their present
extent its properties and business and the territory served by it.
For the 12 months ended Oct. 31, 1947, the company derived ap¬
proximately 91.47%
of
its
total
operating revenues of $16,095,383
0.16%' from
supplied
electric
provide
the
under
including
program,
1949.
into
available
ment.
'
company be
proposed to be outstanding in 1948, consisting of $22,500,000 of bonds
A and $10,000,000 of bonds of series B will be $906,250.
and
will
lean
borrows
mortgage bonds„^__.
:
"Not limited
3%% series, due July 1, 1970
$16,000,000
2%% series, due Dec. 1, 1981--—__
14,400,000
It
far
as
At a hearing on the idea of voting trusts, the ICC said, the reor¬
ganization managers, the road's counsel, and other parties came to
of series
from
funds
from
collateral
agreement.
It is expected that
amount in order to complete the
such
believes
Company
the
ol
company
construction
amounts
the
First
years.
vitally essential in the economy of western Vermont and northern-
what
income
Net
1948)
borrow
depreciation,
of
such
over
CAPITALIZATION
•
•
with
for
to
terms
the
under
1948
company,
provision
it
to
the
when
be carried
may
together
in
five
the
of
as
The
time
the
managers,
Vermont.
11,111
inc.
be
thereof
the company,
capitalization from $18,296,300 to $10,992,-'
securities to be in the form of $4,981,750
$6,011,200 of common stock.
consists
trusts
possible by
as
$3,529,076
32,240
income_„,,,„,
Gross
necessary
will
financing
reorganization
concerned
943,532
$3,505,167
Deduct's from gross
available
so
under
collateral
all
Company proposes to recommend to its
meeting in April that the articles of
that, after the amendment thereof, it
annual
amended
be
it
the SEC
withdraw
agreement.
the
necessary
agreement
17
for
be
further
for
March
on
at
-to
and
loan
$1,600,000
Of the total 75,384 shares
late
the
not
posit
working capital, etc.
Commission
Commerce
reorganization
maturities
of
incorporation
2930.
for
Interstate
pJan of
importance
,141,076
income
bonds, 2a-t%- series, due Dec. 1, 1981, as collateral
Company proposes to apply the funds required to retire
of the bank loan to the retirement of notes having the
therefor.
$3,200,000
placing the common and preferred
Voting trustees will be appointed
to be approved by the Federal Dis¬
trict Court for
: '
'
The ICC took this action at the suggestion of the Vermont District
Court, which remanded the plan with a recommendation that the
ICC
approve the voting trust idea.
The court said it was nf vital
,230,649
income,,-.
(net)—
oper.
Other
$0,40
$1.40
1949.
New
> Net
present time the company has borrowed a total of $6,400,000
loan agreement and has deposited a total of $2,800,000 oi'
mortgage
.
profits tax
exc.
offered
The
1,398,523
inc.
State
general
of
the
$o.70
Rutland RR.—Stock to Be Held in Trust—
stock
109,335
other than
&
647,698
first
§2.85
of
program
Proceeds
by
1,302,972
1,353,146
1,485,503
Federal
be
ing.
plant acquis,
■
its
subscription by stockholders on a share for share
basis at $3 per share.
The additional 10.000 shares plus any unsub¬
scribed for by stockholders will be offered the public at $4 per share.
Company may engage an underwriter to make the gener&l public offer¬
-,
2,187,067
adjustment
Taxes,
1944
the
under
Robinson Airlines Corp., Ithaca, N. Y.—Files with SEC
of
——
,
At
1946
1,313,810
1, 1948, $8,000,000 to be advanced in
days written notice against the Issu¬
five
upon
company
stockholders
its
950
—
Maintenance
Amortiz. of
1945
1947
$15,320,227 $10,886,805
—
The company on March 9 filed a letter of
for 85,384 shares of common slock
(par $1).
-•
1946
1575,.
p.
earliest
>
$16,095,383 $14,641,900 $14,426,520 $14,345,429
5,693,165
5,055,029
5,023,374 > 4,799,601
revenues,,,.-
•
•
•
share
per
expects will take
——Years Ended Dec. 31-
Oct. 31, '47
Operating
Operation
<
.
163,
$800,000
promissory notes having semi-annual serial
maturities commencing March l, 1951 and
terminating Sept, 1, 1955.
Under the terms of the loan agreement and the
present provisions of
the company's.articles of incorporation amounts borrowed in excess of
$3,600,000 must be secured by the company's first. mortgage bonds
deposited as collateral.
all
earnings summary
the
until June
company
of
the
with
all series which at. any one time may be outstanding under
and secured by the indenture shall not exceed $35,000,000, provided
that this limitation may be increased from time to time by action
of. the board of directors and the stockholders.
V V.;-V
/>/.%■•.>
the
by
Charles L. Wood,
President, reports: "By far the greatest part of the
company's profits have been reinvested in the business in connection
-9,850,000
11,116,700
amount
to
ance
Co.—Earnings Up 100%—
c
Earnings
of
bonds
•
-r.
director.—V.
a
profit after taxes—
Dividends per share.—
10,000,000
20,350,000
14,000,000
—________
reimburse
acquisition of property or for the construction
extension or improvement of its facilities and to finance
the company's construction program.
part
able
Assistant to the President of the Vanadium
>
America, has, been- elected
Outstrig.
$22,500,000
*
946,
p.
rw»ailfSa®' ^dnson, Jr
coip. of
and
FINANCING
Authorized
due Feb. 1, 1978..--
Series B, 2%%,
4'i
TO
bonds:
A, 2%%, due July 1, 1975,
mortgage
to
made for the
multiples
$3,075,000 of the proceeds, exclusive of
accrued interest, to be 'received by the company from the sale of
the bonds
are to be applied to the prepayment, of $1,700,000 of
notes, Payable to banks, due April 20, 1948, and $1,375,000 of notes
of Oklahoma Power
& Water Co., payable to banks, due in 1948
and 1949,
which notes' were < issued and assumed, respectively, by
the company in December, 1947, for the purpose of paying the major
part of the cost of acquisition by the company of the electric utility'
properties of Oklahoma Power & Water Co.
The remainder of the
proceeds are to be applied to pay or reimburse the company for
the cost
of other additions, extensions and improvements to the
First
by company for following
notes, the proceeds having
construction program; anil
company for certain expenditures
AGREEMENT—Under
date
of Dec.
2,
1946.
the
company
into a standby loan
agreement with seven* California banks
California National Bank, San Francisco; Bank of America
National
Trust & Savings Association;
Bank of California; National
Association; Central Bank; First National Trust & Savings Bank of
San Diego; San Diego Trust & Savings
Bank, and Security Trust &
Savings Bank of San Diego) whereby the banks agreed to make avail¬
Reinsurance Corp. of New York—New Director—
.
^PURPOSE—Approximately
properties of the company.,
CAPITALIZATION GIVING
used
company's
(Anglo
^dmira,1 Walter Albert Buck, U. S. Navy (Ret.), former Payin
(h
TV6/61? ai.lcl
of lhe Bureau of Supplies and Accounts
®m„.ea,Dapartment of the Navy, has been elected President of this
coiporation.—V.
-V. 167, p. 1049.
Interest payable Feb. 1
balance
part
LOAN
liadiomarine Corp. of America—New President—
Service Co; of Oklahoma—Bonds Offered—As
mentioned in our issue of March 15, a syndicate headed
hv Salomon Bros. & Hutzler and Goldman, Sachs & Co.
on March
11 offered $10,000,000 1st mortgage bonds,
series B, 2%.% at 97.54 and int. Further details follow:
1948; due Feb. 1, 1978.
in
entered
Public
1,
proceeds will be
finance
completion,
t
l
Dated Feb.
the
net
to retire $3,200,000 bank-loan
to
heretofore
and
crease
used
(b)
Snated
an increas= of 15V2 cents in hourly wage
n/hmV ei"Ployes, part of whicn became effective Sept. 1,
///, v?" ?V'
947> resulting in an annual payroll inavoidable—'V
l67mp 551,200'000' lms made this application un1947
(a)
purposes:
^GS °U r°°m and ,Seat accommodations
iafes'
,
obligations.
9
in part, on any date at option of the company on at least 30 days'
The initial optional redemption price is 104.39 plus interest.
or
?l\ F£b' 27> announced that application
*nterstate Commerce Commission for authority
has'been
($10 par),
.
term
(1261)
notice.
shares of common stock
The
FINANCIAL
**u*lman Co.—Applies
>
cfP
&
March
20.—V.
to
20
166,
p.
stockholders of record
March
11.
2564.
Scullin Steel Co.—Interest
Payment—
notice that this company
the income mortgage bonds, due 1951,
fixed
per $1,000 bond, on surrender of fixed interest
coupon Nov. 23.
An additional payment of $30 per $1,000 bond will
be
made on surrender of income interest coupon No.
11.
The Curb
has ruled that the bonds will be quoted "ex" on March 29 the addi¬
The New York Curb Exchange has received
will
i
on April 1,
interest of $15
pay
1948, on
income payment of
$30.—V.
166,
Shareholders' Trust of Boston
p.
—
955.
.
~
Organized—Registers
With SEC—
Shareholders'
Trust of Boston, a newly-formed diversified open-end
filed March 16 with the SEC a registration state-,
500.000 shares (par $1). Harriman Ripley & Co., Inc.,
investment company,
ment
will
covering
be
the
principal underwriter when the shares are offered
public.
All
will
with
to the
.
connection with the organization of the Trust
be paid by John P. Chase, Inc.. and all expenses in connection
the registration, issue and sale will be paid, part by the underexpenses
in.
Ol
10
.Titers
generally,
that
.3
the
net
Formation
husetts
Trust
ussions
<
the
and
proceeds
by
Trust
be
will
Ripley
$20
per
& Co.,
share.
laws of Massachusetts
under
the
13,
1948
March
on
the
Harriman
by
balance
to
of the Trust
decided
was
Inc.,
following
upon
at
cost
a
comparable
that of
to
means
dis-
Co.
Trust,
He
"also
is
Vice-President
of
trustee
and
trustees
and'
and
llaussermann,
The
trustees
have
investment
n
ngaged
t
for
the
legal and auditing,
shareholders, registration
o
and the like.
Harriman
Trust.
of
secretary
a
for
necessary
statements,
the
Ripley
has
Dec.aradon
been
descry*
features:
Trust
of
to
which
under
make
possible
has
combination of
a
(1) flexibility of investment policy;
(2)
continuous
offering
by
the
its
of
Trust
Under
the
terms
share
of
capital
common
stock
value
recently
a
this
the
exchange
for
is
preferred
stock.—V.
166,
had
San
approved
4.88ft
be
Francisco
for
series,
admitted
have
R.
H.
special
of
plan, 17.8 shares
in exchange for each
A
.
and
shares
50
share
Microsol
of
It
within
30
March
16
is
record
with
all
to
that
167,
the
shares
the
stock
A
registration
a
statement
the
165,
from
line
732, Union Station, Chicago, 111.,
Coupon
C 2.—V.
164,
pipe
ing
ICC
from
March
on
company
the
of
Appanoose
to
distance
a
Momoe
Counties,
of
approximately
to
The company is
placing orders
the orders covering
a
recently
were
stock.
Iowa.—V.
155,
p.
for 8,500
now
new
major portion of 9,830 freight
included in
its
1948
This
was
pointed
reported
that the
out
train
March
on
14
orders
new
Southern
cars
by
A.
will
Pacific
T.
raise
has
Mercier.
to
19.250
ordered
since
Of
war.
the
for
President,
the
the
3d0 covered
hopper cars,
and general service
President Mercier said.
gondolas
September, and deliveries
new
of
scheduled
are
other
freight
service
of
20
types are
Deliveries of box
to
begin
into
to
start
in August
before the
effect
a
to
at
Railway
Railway
Net
January—
operating
operating
■'
t
revenues
-
Federal
Equipment
Joint
rents
facilitiy
1947
—
'
—
-
'
"7"
15,497
1,241,706
the
167,
on
Other
and
Net
of
income
of S.
P. Transportation
System__
solely controlled affiliated cos.
adjustment
Consolidated
Consolidated
net
-Excluding 8.
tain
bonds
income
Income __1
P.
RR.
Co.
of
123,458
a
of
of S.
1,565.989
230 460
$2,104,670
—V.
earnings
167, p. 1156.
Southwestern
1948
Crl74.805
Fire
&
on
cer¬
credited
to
the
be
to
the
through
level
stepped
refinery
.
of
1948
Co.,
In
.
Dallas,
effort
an
products
the
when
up
the
the
of
products
the
facilities
is
to
for
is
be
the
Bakersfield
by addition of
1948
1047
has
stated
that
which
of
the
of
equipment
of
will
the
AM.
been
the
Tex.—
Organized—
slock
FM
and
stated
the
the
that 'the
and
is
program
installation
a
of
tele¬
into
put
completion
kw
20
a
FM
complete television
1469.
made
of
a
Stores
in
a
Co.
in
this
merge
Newcastle,
of
Pittsburgh,
organizations
stores
The
May
Baltimore.
ONeil's
in
Los
Akron,
May
&
the
May
the
shares
Strouss-Hirshberg
of
operating
1948.
will
Strouss-Hirshberg business
the Strouss-Hirshberg
be
will
148,000
business
Each
and
The
19
Corp..
for
in
and
South
had
to
be
crude
a
new
used
of
assets
on
com¬
by
the
$3,592,C00 first
fixed
1947
$106,13,461,096 shares
on
March
29
will
net
sales
of
vote
300.000
At
for
barrels
the
a
to
prevailing
retaining
Oil
for
the
in
Bend,
was
be
to
embraces
housing
167,
at
and
4ft
a
is
note
and
and
increased
and
Saudi
other
Arabia
cost
about
in
Arabian
sell
16
the
Corp.
that
company
from
purchased
stockholders,
The company
it anticipates
within
a
for
50ft
now
9,080
acauiring
month.—V.
capital
thereby
owns
167,
p.
tH»
751.
shares
increasing
90.943 ft
of
for
remaining
of
Motor
its
Motor
holdings
Tankship
1,950
additional
substantial
a
additions
owned
to
properties,
1946.
by
agreements
Texas
are
with its
consummated,
of
American
over
Oil
the
had
Co.
■
estimated
program
to
with
of
the
the
completion of
plans
completed
involve
few
next
eastern
about
The
years.
Mediterranean,
is
$350,-
program
disturbed
conditions
proceed with these
these
and
in
•
7
•
the
Middle
Trans-Arabian
two-ifrograittshrf
projects will do
estimated
V
East
now
•
present
the directors of Arabian-American Oil Co.
the
Pipe.Line
the belief that
present
shortage of petroleum products than anything else. Fur¬
thermore, it is their belief that these projects are of the greatest
importance to the success of the Marshall Plan," the
report stated.
to
more
alleviate
the
world-wide
CONSOLIDATED
INCOME
ACCOUNT
FOR
CALENDAR
YEARS
V
(Excluding European Subsidiaries)
1947
Net
1946
1944
1945
.'v.
sales
__
Miscellaneous income—
Gross oper.
income..-
Costs, oper., selling
$
801,426,897 576,259,040 556,347,620 520,776,185
17,783,924
10,278)170
20,729,616
24,247,763
819,210,821 583,537,211 577,077,236 545,023,948
and
expenses
607,642,094 422,925.634
21,930,679
17,913,983
___—
Intang, develop.
Depr. and other
376,023,311
14,987,563
23,602,657
44,102,917
40.008,413
8,274,037
8,542,192
420,001.891
15,715,714
costs..
28,400,162
21.876,9 1 4
amort-
35.230,524
31,142,392
Depl. and leases forfeited
6,503,894
5,504,747
119,503,468
87,173,541
64.220.033
8,095,508
6,762,83 0
7,438,228
95,269,049
70,982,863
89,298,040
3,010,378
3,010,378
1,270.843
26,500,000
Balance
____________
Non-oper.
income
(net)
income
19,120,710
138,624,178
_
Int. and amort, of disct.
and exp.
on
fund debt
charges..
3,760,166
24,762,58 4
3,307,197
551.395
872,585
tax__
20.000,000
11,00#,000
Net profit for
year—
Provision for reserve for
106,312,617
71,089,267
81,859,813
1,115,557
28.000,000
55,856,928
Prov. for Fed. inc.
"
:
58,516,^1?
ft"
•
conting. arising out of
the war
—
profit
earned
cap.
Earnings
net
instalments
lines,
require¬
crude oil producing
facilities, pipe lines, refining,
facilities.
In
addition, the pipe line currently
by Trans-Arabian Pipe Line Co., which will connect
Co. have deoided to
Shs.
293.
p.
pipe
conditions
$190,000,000.
"Regardless
^
_1_
carried
to
■
surplus acct.
stk.
(par $25)
106,312,617
4,000,000
4.000,00 0
share
per
Uxing
in
authorities in
1946,
1
.
51,856,928
28,111,650
54,516,819
28,079.673
11,244,660
11,224,660
11,244,660
$6.32
Federal
the
$115,766,016
amount
in
1945
of
and
taxes
were
$166,532,295
$95,655,651
CONSOLIDATED BALANCE
SHEETS, DEC. 31
1947
and
notes
Inventories-—
108.535.08 1
—
securities,
at
receivable, less
cost
120,644,719
reserve
83,189,654
Crude and refined
oil products and merchandisc, at cost
Materials and
supplies, at cost
"Special deposits for
replacement of properties.
Investments and advances
•Properties, plant
Deferred charges
shares
and
paid (°r
in 1047,
in ,1944.
!:'•
1946
$
—
Govt, .short-term
Accounts
$4-85
$4.61
excise
!'■
n8S5
U. S.
...
71.039,267
$7.90
and
•-
33.733,980'
26,962,745
13,461,096
addition, State gasoline
ASSETS—
issued
was
payable
acquisition
the
stated.
$73,957,565 in
now
if certain
1947
undertaken
construction
$148,550,481
made,
note
of
1946.
in
investment
Dividends paid
acquired from the Reconstruction
through the War Assets Administrator
Ind., for S3.592.000.
A
down
payment
of
S2.873.600
part
reinvestment
report
1947
with
Cc.,
30ft
output in
year-end
major
000,000
on
*
$22,067,507
"Under
earnings,"
compared
reduced
and
refineries,
A
1947, through the sale to stockholders
stock at $45 a share, proceeds from which
by
American
oil
development
expanded
vessels.
approximately 90,000.000 barrels, a
daily average of about 246,000 barrels, compared with approximately
60,000,000 barrels in 1946, a daily average of 164,400 barrels.
In
1947, this company's refinery at Ras Tanura, Saudi Arabia, ran to
stills approximately
39,000,000 barrels of crude, compared with 29,-
Net
May Department Stores Co.
buy
and
tank
May
management.
Co.—Increases Investment—
19.580 shares.
noted
redeem
its
company
The 73-
cash.
exploration,
new
new
____
Oil
outstanding
tn
provision
to
share
per
spent $138,157,072
equipment,
and
deductions,
The
$71,840 quarterly—V.
and
be
corporation
acting by
less certain
Feb.
un
Sept.,
Other interest
all
May
continued
and
Co
stockholders
shares
share of
be
name
&
165, P. 1236.
the
for
company's
Arabian
interest
.
in
provided
company
plant
®In
had
year
conducted
Strouss-Hirshberg
a
paid
Strouss-Hirshberg Co.
to merge that company with
been
Goldman, Sachs
Co., of Cleveland.
company
10.
have
through
Murch
to
under
last
company
has
Pa.
Cleveland.
exchanged for 8/10ths of
Fractional
to
Strouss-Hirshberg
and
year
H.
exchange for
as of
used
$99,739,620.
be
the
of
Total
two
than
Maynard
Merger—
proposal
Co.
Ohio,
May
Kaufmann's
the
be
to
to
must
®Taxes
The
more
will be
remainder.
On
would
.
proposed
recently
broadcast
installation of
of
p.
be
stock.
Tankship
to
made
help meet the unprecedented demand for petroleum
contemplates total capital expenditures during
approximately $375,000,000, according to the report.
2,216,436 shares of
funds
to
being
made
in
designs of FM-AM
Manson
completed
year's
Warren,
between
to
obtained
amounted
be
systems.
Dr.
Co.—Proposed
been
Denver,
February
Sun
been
(Del.)—Annual Report—Consolidated
subsidiaries was
Stromberg-Carlson operations, Rochester
presented
issuance by the
in
Proceeds
of
are
was
Joaquin
San
plant
are
improved
business,
has
157,
profit of $1,273,269.—V.
20ft,
pre¬
company
1949
funds
ments
expanded
company's 1948 oper¬
line of direct viewing
complete
transmitter,
include
Strouss-Hirshberg
properly
conditions
its security holders March 4 of a
proposal
insurance company a mortgage loan of not
more
10 years, with interest at 33ftft" and
producing properties, for
marketing facilities and for
under
a
the
and
The
baing
distillation and
new
Maynard H. Murch & Co., of
Cleveland, Ohio, will
Strouss-Hirshberg stock to minimize fractional holdings.
On
on
liabilities
portion
all. of
this
AM
stockholders of
Finance
Jan. 1 to Mar. 7
■
Current assets at Dec. 31, 1947 amounted to
$467,501,875 and current
to $103,721,227, compared with $322,018,800 and
$90,991,480,
respectively, "on Dec. 31, 1946. Net working capital at the end of last
year was $363,780,648 against $231,027,320 a year previous.
coincide
oil
crude
Studebaker Corp.—Buys
Property From RFC—
A $3,000,000 fire
and casualty insurance
company, said to be the
largest ever formed in Texas under state
insurance laws, is in process
of organization
by T, A. Manning and Sons, Texas insurance
man¬
of
in
and
to
the
will depend
profit of this company and
to
$5,719,255 $58,484,845 $54,071,756
Casualty
old
the plan
$2,922,350
tRepresenting interest
1947
$6,248,154
Construc¬
operation
of
held
will
includes
the
Department
of
company
457,590
Cr71,017
Stock¬
advised
an
of
models
commencement
and
share
year
$2,289,954
£*113,385
Week End. Mar. 7
.
_
begun
$5,000,000, will begin
refining
sound
offices,
Strouss-Hirshberg
.The
Solely Controlled Affiliated Companies not
P. Transportation System.—V.
167, p. 1050.
Period—
has
1196.
of
houses
kw
York,
plan
common
1.549 778
17,705
Southern Ry.—Gross
Earnings—
Gross
50
and
period
New
mon
50.929
$2,062,302
Mexico,
of
where
also
new
Included
and
common
581,847
deductions,
of
$5,000,000
company's
capacity
p.
end
end
and
stores
involves
$3,539,273
$4,121,121
funded debt—Bonds &
equip, obligations
fixed charges
income
Net
and
Negotiations
over
489,14 1
C.)—Common
outstanding at Dec. 31, 1947, after deduction of all
charges, including interest, depreciation,
amortization,
depletion, and taxes, including provision for Federal in¬
come taxes, according to the annual
report released for
publication by W. S. S. Rodgers, Chairman of the
Board,
and Harry T. Klein, President. This
compares with a
1946 net of $71,089,267, or $6.32 per share on
11,244,660
shares outstanding at Dec. 31, 1946. Dividends of $3
per
share were paid in 1947 compared with $2.50 in
1946.
complete and
the demand on
Lake
been
the Famous-Barr in St. Louis.
150,794
$3,811,822
*
t
1948
The May
Youngstown
Angeles
of
Int.
the
which
new
company
1,552,715
,$3,322,680
£
than
deliveries
and
President,
production of
the broadcast
City,
in
11,995
116,840
(S. A.
due in
amortization.
net
this financing have
been used to reduce
borrowings and increase its working capital.
with
1,484.648
1.338.613
;
Ii.
the
Strouss-Hirshberg;
1,220.584
1,476,386
■**"
corporation
$3,500,000,
general
1,463,150
!___
Co.
the future
dividends in
*
dial
transmitter
of
Texas Co.
surplus
completed.
of
Manson,
studios
56
(net)
XY
Radio
of
1,273.763
operating income
miscellaneous
its
of
to
relieve
refinery in
have
markets
to
are
run
telephone
vision
634.240
____
j;
r:
war¬
type telephone
system
is
being expanded
to
handle
of city telephone offices and that
new
and
more
efficient
telephone designs are being produced in large quantities.
-
Total
to
use
the
sizes
In
$9,835,956
.
met)
Total income
the
of
--
plans
excess
first
Operations
broadcasting system.—V.
665.692
••
mortgage sinking fund bonds on which the company is paying 4%
interest and 2ft
annual interest from earnings.
Cor¬
from
receivers
the
The
Net railway
Other income
through
adjoining the refinery.
the
the
line
32,376,934
__
rents
Boston
$42,212,890
city" taxesIIIIII__II~
Miscellaneous taxes
First
expiration
to
Sa't
in
cost
placing
with
several
In
Cos.)
$9,672,680
1050.
p.
on
placing with
than
'
site
a
to
receivers,
and
$45,363,291
taxes
and
for
Crude
Announcement
from railway operations.
unemployment insurance taxes.
county
24.
amended
as
part:
more
of
greater volume of finished
include
radio
cars
35,690.611
expenses
retirement taxes
Federal income
taxes_________
State,
March
on
1933
for
for
company
designed
18,000 barrels per day
H.
operation.
1948
_
Federal
Other
of
The
the
in
says
costing
on
also
The
dial
.
167,
at
The
for
City. To supply the
built through the Rocky Mountains
oil structure in western Colorado. A pipe
television
new
revenue
Federal
after
this
Bakersfield,
units.—V.
Ray
ations
end
Affiliated
s
sell
Textile Realty Corp.—To Borrow—
at
shares
California—Expansion—
quantity.
Southern Pacific's freight
Separately Operated Soley Controlled
stock.—V.
312,617, equivalent to $7.90
large
a
access
proceeds
Dr.
EARNINGS OF TRANSPORTATION SYSTEM
(Incl.
by
subscribed
that
outskirts
be built
line,
refinery
area.
The
all
car program,
the
on
extension
company's bank
powerful
Month of
expire
Act
2 Mi
issory note due Feb. 1, 1963.
the
of
equipment has been augmented in the
postwar period by receipt
Diesel-electric main line freight locomotives, with 20
more
remaining on order; and its fleet of Diesel-electric switchers has
been increased to
162, with 20 more still to be delivered, it was stated.
of
to
each
19, has placed privately with an institu¬
tion purchasing it for
investment, $3,000,000 3%% prom¬
these
this year.
In addition to the
for
a
nounced March
who
number
end
cumula
10
pany,
rolling
10,750 freight cars on previous postwar orders,
7,251 had been
by the end of February, and it was expected all
freight cars
earlier orders would be in service- by the end 'of July.
The freight cars now beine
ordered include 3,350 box cars,
1,000
drop bottom gondolas with wood sides,
1,000 all-steel drop bottom gen¬
eral service gondolas."
700 tight bottom gondolas. 2,100 flat cars and
of
at
140,750
Stromberg-Carlson Co.—Private Financing—The com¬
through The First Boston Corp,, it was an¬
company
new
delivered
on
of
offered $250,000 5% sinking fund
debentures, due Dec. 1,
1962. The debentures were priced at 100,
Proceeds will
be used for expansion and working
capital.
in
freight train cars,
cars
A
to
the time.
Regular quarterly distributions had
previously
and including Dec.
1, 1947.—V, 167, p. 552.'
vailing
Straub, Inc., St. Louis, Mo.—Debentures
Offered—Dempsey-Tegeler & Co., St. Louis, on March 3
56.
program
series
preferred.
International
company
The
miles,
each
preferred
■
(William A.)
-
freight
headed
not
so
refinery
a
barrels.
and
provide
Valley
abandonment
21.66
par
March 15 said it had obtained approval from
tnp
Central
Bank of Argentina
to pay from resources of the
companv
outside Argentina a dividend which was due March 1.
*
Joseph O. Hanson, President, said the directors accordingly
declared
a
dividend equivalent to 40 cents a
share in United States
funds
payable April 5 to stockholders on record March 29. Mr, Hanson
a wholly-owned subsidiary, now has 155
produc¬
Rangely Field, with an average daily production of more
limited
line
put
Southern Pacific Co.—Places
Large Equipment Order
announced
The
line.
increased
permitting
change
$25
holders to Receive Dividend—
become effective.
group,
months
possible
further
A
of its line of railroad extending northward
thereof and county road "R," a point north of
Albla,
and
certificate
a
of
company's authorized
The company iS
nnw
this action is being taken by the
company to aid the
its preferred issues if it is found advisable
of
preferred
additional
California Co.,
present
part
intersection
Centerville,
issued
5
the
,
as
12,000
pipe
presenta¬
on
of
site
pipe
wells in
than
3151.
p.
12
Southern Iowa Railway—Abandonment—
the
warrants
Securities
stockholders
plans call
closely
cracking
The
share
the
summer.
the
Present
payable on April 1, next, to. holders of first mortgage
due Jan. 1, 1994, an annual instalment of
contingent interest
ft, being such interest for the year ended Dec. 31, 1947.
Payment of such interest will be made at the office of the
Chicago,
Milwaukee, St. Paul & Pacific RR, either
at
52
Wall St.,
New
of
the
will
of
as
1 Va
Room
all
to
outstanding.
270,000 shares of its 4'ft ft
to
up
apply
that
as
additional
marketability
Oak
stockholders,
increase
will be enabled to add $3,135,288
See further details in V. 167, p. 1196.
Rangely Field,
terminal
the
bonds,
by
plans
the
in
issue
undesignated
It is understood
182-mile pipe line will be
a
this
be
at
netv
one
such
stock
of
next
330-acre
a
refinery
3399.
p.
to
the
Construction
The
or
the
an
company
report
on
Southern Indiana Ry.—Contingent Interest
Payment—
surrender
of
put
into operation two facilities
California crude oil sources.
_,
with
company for the week ended March 13, 1948,
2,512,000 kwh., as compared with 2.296,000 kwh. for the cor¬
responding week last year, an increase of 9.4ft.—V. 167, p. 1156.
and
that
authorized
9,
10,
Standard Oil Co. of
will
Electric output of this
York, N. Y.,
summer.
but
Bryan,
building
new
a
under
purchased
policyholders.
1156.
p.
totaled
tion
basis
underwriting
an
will- be
rants
Southern Colorado Power Co.—Weekly
Output—
of
the
March
respect to such stock has
Through
tion
will
of
the
then
well
as
to
five preferred and directors are authorized to issue up to 200,000
shares
company,
March
on
on
on
poration,
anticipated
days.—V.
filed
expand properties.—V.
There
erection
during
2010
at
are
President, has announced
held
share
per
of
of
$100
covering $15,000,000 3 Wft first mortgage bonds due 1978.
The
names
of the underwriters will be
determined
through competitive
bidding. Proceeds will be used to reimburse treasury for expenditures
to
presently
for
this
registration statement
SEC
made
operations
begin
to
to
authorized
vote
Dallas.
Platts,
meeting
$23.50
-
Southern California Gas Co.—Registers with SEC—
on
as
among
shares in the authorized capital stock of the company, and on March
warrants were mailed to all stockholders offering the new shares
Exchange on March 9 announced that it
800,000 shares of cumulative preferred stock,
vine.
p-r
trading
company
drawn
been
stockholders of
Within
The
companies
group,
Stock
listing
$25
to
such
Home
will
said
Southern California Edison Co.—Listing—
The
of
the
continuity
2146.
p.
expected
headquarters
warrants
par
and
would
action
stock
preferred
stockholders
the
preferred stock into four shares
$100 par
This
stock.
Standard Acciden? Insurance Co., Detroit—Stock Inc.—
merger
Hession
each
affairs
share of
years
following
shares.
company will be issued
of Hession Microsol Corp.
stock
in
announced
the
44
Sentinel Fire Insurance Co., New
England Fire Insurance Co., and New England Casualty Co. on March 9
approved, at the discretion of directors and of officers, engaging of
the companies in multiple-line writings, except life and
endowments,
as
permitted by Massachusetts laws.—V. 166, p. 2423.
held
of
capital stock of
handled
Fidelity Phtnix,
for
managers
Springfield Fire & Marine Insurance Co.—Approval—
formed
been
Silver Creek Precision Corp.—Consolidation-^of
firm
section
The
made up of underwriting discounts and
commissions); (3) a reasonable
limitation on
operating expenses; (4) a continuous right in the share¬
holders to reouire the Trust to
repurchase their shares, but (5) without
any
has
it
Springfield,
insurance
as
loading charge
low
a
time
business
meeting,
annual
the
At
Swift
Co. will be custodian.
Trust
done
company
Lawn
preparation of reports
blue sky state¬
the
listing
stock.
the
•
already
as
been
On
The
which
Aetna,
The
receipt of proceeds from the sale of the shares, the new Trust,
egistered und°r the Investment
Company,Act of 1940, will promptly
begin operations in its portfolio account.
ias
<
•'
of
prospectuses,
Brown Brothers Harriman &
ex¬
services,
other
and
marine,
fire,
others,
a
1
business of insurance
transact
among
casualty lines.
others.
Manning
Davidson & Shattuck.
John P. Chase, Inc. to act
with
the
services
xcept
ments
the
Haussermann,
contracted
adviser
furnish
to
of
partner
has
Sons
corporation
plans
company will be
during
;ution for Savings ,(Boston).
Other members of the board are George
1. Abbot, Vice-President
and
director
of
Harriman Ripley; Erie V.
Oaveler, Vice-President and director of American Zinc, Lead & Smelting
Jo.; John P, Chase, President of John P. Chase, Inc.; and Oscar W.
will
including,
Split-Up—
has advised the New York Stock
Exchange tw
four-for-one split of its preferred stock. This plan wilu
voted on by the stockholders at the annual meeting on
April 27
The corporation recently requested the Stock Exchange
not to admif
its outstanding 261,961 shares of 4'/4%
cumulative preferred
stockT
active-trading at this timei
The Exchange had approved the
it
under the direct management .of T. A. Manning
Sons, and Blagden Manning, former manager of the business,
will be active in the new company.
The firm of T. A. Manning
also
Insti-
It
Dallas.
life,
and general
coverage
The
the
of
Provident
of
except
forms,
tended
Sunray Oil Corp.—Plans Stock
The
home offices in
with
Monday, March 22, 1943
member
Foster Yancey,
S.
by
stock of $1,000,000 and paid-in
as Southwestern Fire and Casualty.
corporation,
all
in
investors of moderate
individual portfolio.
employing investment counsel for their
Peabody Gardner is Chairman of the board
G.
new
announcement
an
with a capital
surplus of $2,000,000, will be known
John
service
to
firm.
latter
The
practical
junsel
>
the
of
P. Chase, Inc., of Boston, and Harriman Ripley as
possibilities of serving investors through the medium
of an investment
company having
a
flexible .investment policy and
esigned to give its shareholders the equivalent of direct investment
the
.)
according
agers,
Massa-
a
as
j'T
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(1262)
equipment
—..II
83.027,685
65.668,924
49,658,631
—
129.444.146
25,688,275
105,133.515
1 8,530,045
4,055.805
5,739.446
145 227,326 164,659,682
III 4S7!204.696 414,599.544
11,355,129
9,415,001
Total
1,115,344,831
916,432,473
Number 4683
167
Volume
^fBandTcontracts
*ote8.nK
Acc
foi
4,809,222
—
*
stock
1
o
25 000 000
Caplti surphis"I~-~
Earned surplus -
^
^i,8ij,i29
473
jg W(6aj9 in 1946.f After deducting $30,000 000 u s
held for paymentof -taxesm -M947*
deluding $1,500,000 included ,4a current vhabi'uK—
^KH<Ffitii>ns
,
TreaS4
'n
1946)'
nnn
-
'
,
:
'
^ cu
-YT
•
v
a
3,679,964
5,304,354
2,419,411
75,214
Cr39,389
Cr4.253
2! U. S. operations __ »$4,839,093 ,.$2,474,130
under f°? Govt, contracts
$7,711,875
V
*
'
••
..
,
™lJii
°
xt
(net)___^_—__^
/'
l
1 ^
.
*
f
-
.
has
been
appoint.,
the
to
new
]■
post of
.
.
Thompsoni-Siarpctt Go;,'Inc. (& Subs.)—Earnings—
End. Jan.
31-r-'1948
$203,398
Net loss.
167
v
'
*
...
4
v
•:
,
.
lr
,
'
\T0wmoter CTp.^Declares 30-Cent
March 9 declared a dividend of 30 cents per share
stock, payable April 1 to holders of record March 19.
>ot7JZ
paid for
total of $135 >ier share.
$1.35
.
and replacemedf divlsion.^V, 167,
acthrity in the service
V''
the board.
member of
-V.
167,
w
,
,
"'
•
PrtMi __Tn
ftoMnr
T„,„
agencies,
etc.™—™--
ui°St °^ice
three
over first
other
lwo KCCtOl
SEC
The
,
March 4 issued
on
with
cation
respect
mail-—-
transactions:,
real
on
Co.
located
estate
of
;(•
;
-
at: ..^.Rector,, st.„.New. Y°rk.:
1955
April' 1,
to
the• date -of -uievAxpiation
1955,
travel
for
period
a
of
15
years
rate of 4%
per
thereafter.
,
Payments
until
''
.
be
five
of
which
after
interest
with
and 3%%
years
principal
not
are
and
652 722
debt and bank Ins.
accrued
quarterly;, payments'
ftnah,e
,4
mairjk
Ln
+hw
wnn
in
income
•
1,249,154
<
3,156.050
_____
taxes..
621,616
,
,
.
251,417
,
debentures due Feb. 1, 1967 (lessXj
;
.
.
equal
2V2%
quarterly
per
such^Z
liabilities)__,—
—r:
iS
p*
0
$51,671.76,
v.
™
depreciation
and
deductions
principal
due
sufficient
under
__
„
the
tn
u
^
terms
I"
..
bank
the
of
loan
:M
tv:
••
.•
4.00 340
11,303,2J1
(531
;
093 719
!
'
948
,
•J* wr value
on
April
:
,
'Kprbpefty
-'•".•ft'-?.f
cumulative
stock
preferred
*a° TVY'r'
had
related
to
°Ut
St°Ck
'
byTretrahsferr|tate?1Cnt alf° proposes a
tranTfen-ed fronf e^ned^i^Aflus to^apltaf account'^year
'*
A
It
was
w'th
a
T»
-
,
,
.
Patterson, President,
believed
that
the
.
1Q
.
.
raised
funds
additional
1947,
in
'
a.
^
March 18, said in part.
on
of
together
cash
to
be
derived
from
operations, would take care of the
corporation's immediate capital requirements. Developments since then
have made it advisable that United raise additional
equity capital
at
the
earliest
The
°f
in
opportunity.
amount
Part
Zn
granted
and
'
must
amount
^
of
mail
r
the
forme
increases
the
"will
of
common
stock,
be
shares
additional
or
form
depend
may
or
tha
™
conditions.
P
shares
rate
and
raised
hP
>'1
holders
cash,
of
outstanding
pIii
g cumulative
equivalent to
Y
'
stock
have
will
existing
prior
Furthermore,
sale.
such
'
■
installs Radar Altimeters—
V
'
:
Y^company
deadline
Radar
Mission
of
;
;
?
radio
give
the plane is
'
ffvine
should the plane
They will
altimeters.
-
i;
.
hues
new
Bowd
25^
oy
on
eastern
sales
land,
'to
the
clearance
eround
go
below
^
pre
indicators
?nd^
reception
terrain
s^t ^finimunf altitude
wi^
conjunction
sUndaui
-
aneroid
' 24%
New
reflected
,Y
barometric
'
Tariff—
'
supplement has been filed^ith the Civil Aeronautics
this corporation, to reduce its airfreight rates approximately
certain
rnmmnriitipc
frnm
fnur
Pniifornia
cities
to
three
LnrriTn t!^ wQi,?rirv vfra
'
President
traffic
to
p.m.
and
accordmS to Harold Crary, Vice-President, tratnc an
Wayne and Philadelphia,-
*
RR., 380 Seventh Avenue,
March 31 receive bids for the
.
1948,
of consolidated mortgage
sufficient to exhaust the sum
amount
an
an
par
investment banking
«.on
'
n.m
and accrued interest.—V.
165,
'
•
.
which is underwrit-
group
Anr;i r The ■RuhfieHnHon-nrlwi la
nn
•
•
.
-
They
\
.
_
Nn-
Webster Securities
^
Corp.,
nor
par.
offered at 100.99 and
were
,,
.
-
—
on
bid of 100.682
a
i!
Halsey,
.
aa9TVs'Unl°"
»fi
v
10D.639,
Stuart
yjl
&
r
t
Co,
100.61;
Salomon Bros. & Hutzler. 100^83; Merrill Lynch, Pierce, Fenner
..
Service
-gnU wit
, &
Corp.
Trust.
49
Federal
Co- ^
St.
M>l„
E
is
April 5.
price
,
Mass"
Boston
'st„
and
statSKantom'^ani
'va.
Richmond,
CONVERSKIN OF DEBENTURE8-Thc principal
sum of the deben-
STSSSu^SS, SZ «
Common Divi-
Polder,
into, common
stock of the
company
'
$16.66% per share. - ."
converslmi^prlce' oi
at,'a
-
^
.
recommendation
11 declared a divistock, payable May 15, 1948,
.
in
Tnt?lirance
.
portion of such construction expenditures
New-York—Reports
Assets
Force
issuance
Increase
of
hiirh
all-tiimc
g
over
$237 233 464
^niounted
.
insurance
announced
$83,6^4,491,
to
p,vrH.rt„(1
on
in force—a gain of
98th annual statement,
16. New business
.
\TPW plywood
.
United
States
gubs.)— Earnings—50
Months of—
earnings
„
®®ft7arerl
s
Tvr:«Jn<r
on
Com
fa
Stoik
(estimated)
...
•
...
-
Earnings per com
assumes receipt of
and
the debentures.
Authorized
Outstanding
•
Y, :.
,
3 i/fl%
p ^
ig7&i^
convertible debentures, due 1963-
11,753,800
NoUm (unsccured)g 1%%. due 1948-1956
t Notes (unsecured), V/2%. due 1948___'
Preferred stock (issuabie in series)____
$5 div
fd stock (cumuU ($100 parK,
5,850,000
6,000.000
10,000,000
11,753,800
"Unlimited
5,525,000 /
f
'
500.000 shs.
289.491 shs.
54,000,000 shs
Comm0n stock (no par)_____
.
$59,000,000
10,000,000
due
•
289,471 shs.
2.938,445 shs.
qs
to maximum amount but issuance limited by the
requirements of the instrument under which such securities are issued.
$7^
000>000
have
been
authorized
by
the
stockholders.
The
directors
have recommended that stockholders, at their meeting on May 19,
1948
$100-000-000' subJeot t0 later lncreases
—
1947
bonds
•
ser,e8).
geries
.
1948
$1,088,308
$4o4'n7 *
new
Series E 2%%, due 1975-__-_—— $64,000,000
(Xr
$782 857
the
-
.
in
Plant— Y
Cents Declared On Com. btO
f
,.
First Two
.
of
First and ref. mtge. bonds (issuable in
^
P.
sale
This estimate
capitalization, giving effect to present financing
.
announced.
,
nr#n(((l
The parent corporation presently has a plywood piant in Orange.
burg
near its extensive holdings in gum and hardwood in the Conand Wateree River ~^
plant will continue in operation even alter tne
but mainlv will produce tekwood. a veneer-kroft laminate
a new ^ o ing underlay: and a new water-resistant laminate.—v.. 10/, p. xuoa.
„
the
of the sates of the securities.
of the unit,
...
from
will be financed through the
which may aggregate
amount
an
nature, time and extent of the additional financing will be determined
in the light of the circumstances and conditions existing at the times
March
of which $74,442,949 was ordinary
rnrn
securities in
The estimate is necessarily subject to many uncertain factors, including
cost fluctuations and the availability of labor and materials.
The
United States Plywood Corp.—new nywuuu na t
Construction has begun on . a new, ISi,500,000 piywood
plant J
; Orangeburg. S. C., for Hamilton Veneer Co.. a subsidiary, R. C. Wilcox,
pres"dent
additional
the> proceeds
reported in the company's
w
of
$47,000,000 before-the end of 1951.
r
'48G;562
tConsist of $2,000,000 maturine-Anril 28 1948- $3,000,000 r$»n eweri
maturing April 28, 194b, $3 000 000 renewed
to mature May 6, 1948; and $1,000,000 maturing Sept, 9, 1948.
tCompany has a bank credit agreement for extension of credit up
000
^ *vs'
Port
on
1,
WjUctr offered March 17 a new issue
of $10,000,000 1st and refunding mortgage bonds, series F,
,
,
„
tariff
cities
RR.
Pennsylvania
April
debentures for eacli 25 shares so held^ The subscription
$100 per $100 of debentures. Rights expire 3:30 p.m. (EST) on
/
Life Insurance Co.,
j
w
1947
over
-
x
the
of
directors on March
committee the
,
through; trans-
0f the
contour
of
as
at prices not to exceed
.
•
which
Ywarnine device which is actuated
for its flight.
inrornnrafp
.
p<1
A
and
usetf iif
be
terrain
or
sigiils
Treasurer
,
.
.
v-
conti^ous reading nftlfe
a
.
the
President, announces that upon
McClatchie
A
pxerutive
i*m_
met the Civil Aeronautics Board's original installation
15, which subsequently was extended to May 15. , v
altimeters
of
fr
.
<
An
Y,
Feb.
Signals,
1090.
p.
The .tesue orbonds.-was awarded March 15
'.irY
^
^and $9,401,542 was-group
increase of 23%
ln^f_t^,iation of has been
radar altimeters in this company's, fleet of 109
Tot?L^!ftheGreatest amount in the company's history. Surplus.
n-servicc planes
completed and this equipment is now in
oyer 1946 the gr
preceding year.—V. 167, p. 1197.
it
was-announced by J. A
Herlihy, Vice-President-operations. .. also showed a gain of 38* over tne preceamg y
'
167,
*
.
-
^
i?
$237 Million insurance
816^87—
'
.
y"
Y'-
29.—V.
„
company
the state o, Oh,o._V. 167, p. 948.
Chairman of Board Elected-
y..Unite:
Over;
to the holders of how
preserve
any
./•'
'
Y
to
fhp
tT
.
preferred stock conversion rights substantially
1
those
common
such additional shares.
ajustment, if require^ will be made to
March
on
accrued interest to yield approximately 2 95%
Judge Paul Leahy at Wilmington, Del. has signed an
neuey a
.
arrui«iivef preferred4_stock' collvertible int0 shares of common stock,
sold
for
I Preemptive right to purchase
___
^ PUrChaM fr0m "
,
r
whirh
now
the
the
.jJ.:,
Tf
of
cannor^w^^elwmfnedshice
financing
.h
.
,
.
PURPOSE—The net proceeds from the sale of the new bonds and
..the debentures will be used to provide for construction expenditures,
^ ^""7
share on the common
including payment of $11,000,000 of notes of the company to banks
holders of record April 15, 1948.
This is the first dividend declared
. issued
to obtain funds for construction expenditures and any addiQ
comm0n stock since 1930.,"
,
tional notes of the company that may have been issued for such puronJ£? directors also declared the regular quarterly dividend of $1
poses after March 1, 1948 and before receipt of the proceeds,
h8re
on
the $4 convertib'e. preferred stock and
the Regular
•
CONSTRUCTION PROGRAM—The conduction expenditures of the
Quarterly dividend of $1.75 per share on the 7% preferred stock, botn
company in 1947 amounted to approximately $17,800,000; the estimate
na'vable April 1 to holders of record March 19.
for 1948 Is $27,378,000: and the estimate for the years 1949 to 1951,
'*
a
Livingston Kelley has been elected Chairman of the board
a . incluSive, is $56,000,000. Company estimates that, based upon the
' newly created office.
Jared J. Mowry has been elected to succeed Mr.
present ,evcl of earaings and c08ts and current expectations as to
- Kelley as Executive Vice President.-V. 167, p. 948.
the probable progress of the contemplated construction program, a
ftf
,
...
^ft™?
.
t
United States Finishing Co.—Resumes
*
rranf
.
w. A.
■
order Wro'lnS
:dend
ago
.
W
447.
150, p.
^^^d^^tipgi
•
...
3%, due March l,1978.
.
.
Debentures Privately
plant additions.—V.
/>'•
and
,
_btl8_£ece_^d,^?iJor»^In
i|ilim«na4!nr f#
W. 8. -District
1 "
1,848,087,,'
stock,
in
White, Weld & Go. headeda groupof investment bank-
(
■
Public CtUiUes ©W-Sateof Units to Dayton
-.power Approved—
V'-', V,
\
;;
rarooratton
"fKe'umJlative"preferred
outstanding 94,773 shares
shares
94,968
from
v
v
...
.
Vandalia
-v..
•
-
••
pire atwJvdUpJHi OH April O ine SUPSCrlptiOn price is
:
i
: .-United
the authorized
vote An incrcsiug
13 will
.
.
f
of
.
of <
in ^1947 and-$13X76L in 1946.. lAfter,-.depreciation reserves pt
•-United Air Lines, Inc.—Plans Financing Program—•■■r.VXi
The stockholders
several
nut«st»nv4intf-rAmmnn.etnvlr
Thf'nffarina i«
outstanding common Stock. The Offering is On the basis
$100 Of new debentures for each 25 shares Of COIUmon
stock held of. record .March 15. .Rights to subscribe will ex-'
11 303 *>91
2.451,918
:
of
as
company
an offering by the company of $11,753,800 3Vs% con-'vertible debentures, due April 1, 1963, to holders of its
"
1
7,f44"4i7
^
Tot~
n;
,
past
iuviting bids (1) for the purchase from it of $3,000,-
ntr
the
heads
'
:i4ooooo
-interest'IIIlIIIllHAtinsJJCCwriiures Xri iVatciy
well as the ;;
The company On Feb, 4 sold privately tft SIX insurance
navment<
the
^ver'
the
the
(^ Virginia Electric
Power Co.—$21,753,800 Debentures
and Bonds Offered-Stone & Webster Securities Corp.
39T560 r
n^tiess ove[
the
'
to extend the
present tease from 1855 to 1963;., The agreements provide that Ebasco will pay, as a minimum, a net rental to Two Rector
which will give that corporation
net earnings* before interest and
>
for
with
associated
!
.
,
f
$38,641
at
been
p* 1502<
^'376500'
r
• .Capital surplus
^ Earned surplus
V;
interest
bearing
has
•
(EST)
..
of $139,820,
q 477 ?oo
-
y
Fox,
to
bonds
.
-
-
.
D.
sale
cost.
and
<".tr,hhtton..
Vandalia KK.— lenders—
P.
1^,7d9,999
-r—.
ifnrtS^Vi7m~TraVvalue"i"~
J$io pw vJffi
value)^
st0Ck
.
nJmi,-nreinF
instalments
annum.
who
New York, N. Y„ will until 3
,
'-C.
,
tf
Vo
—_
;
original cost -less depreciation, being amortized over a
/
_.I;:,period from Sept. 30, 1947. UTo be exchanged July 1, 1948 for
In ocmnection-witH" the- proposed "extension, Electric Bond & Share
; 2% terra loan notes maturing thereafter. in. equal quarterly pavments
Co^ Ebasco, Two Re.ctor, and Prudential propose-to execute agreements' i Vr^ juiy.: 1 I953't'le6s $il,100,OOP-included in current liabilities).-—V. 167,
rate of
the
on
_
1090.
p
to noon
-
3,147,975
8,679,675
«nd
payable
151.
i Separate bids for
the bonds and for the debentures will be received
by lhe company at Room 1836 No 2 Rector St., New -York 6, n. y.,
credit, i«/2%. notes——20,900,000
ln current
commence
of
con-
theii
cost.—-V.
^
0?$fAKKS
$4,000,000
8.895,180
$1,340,000
liabilities
of principal-and intereSt;Jrare v-.•■*Includingrot -common stock.and4.00%-of
prefjwed stock at
paidioff; ■"
^' ^r^-^'^^v^ess-reserve. .41947; $2,221,138: l»46;v$l,742,910),r tAfter reserves
is
net
Inc.—Reports Denied—
,
Upson,
p.
^
'
719
aqi
on. account
loan
the
been-elected'Secretary-Treasurer.
Th
'it™
•
deposits..
plan
;^eserve
annum
of
Purchase of Securities—
.
620 216
"
sinking fund requirements of $240,000 included',
_
at.the
per
to
balance
Utah Power & Lieht C«.-Invitation for Bids for the
''
.
471,900
mortgage:5- 'capital.account-een«a|iy i.not -in
the
of
,
J.
___y. 167,
r
payments-both.
paid until the entire
Tn
Jan. .1,'1948,
the first
account
on
1951,
from
for
annum
i,
April
representing
to
James
ISI'tsI
etc
of long-term
Federal
20-year 31/2%
in
pay- $4oo.ooo on account of the principal or
renew the loan for the balance
of,$2,000,000
to
the
SSSf'
has
—-■—'years,
w.48«:im
this indebtedness and
bearing
company on March 5 denied London reports that it is
„
1,987,407
(
1,170,194
:5SWi
«Two- Rector -proposes, to
employer
Henry .W,' Schmidt, vwho has been Secretary
r.
up
payable
^Revolving
first
pro-
ft mutual
and without the slightest basis in fact."-V.-167, p 693
L
'
UpSOll Co., Lockport, N. Y.—Officials,Promoted—
915>295
-
,
,
-Accrued interest on long-term debt
'
$2,400,000
Thfe plan is
-
$92,349,531 j> 5,093, «
Accrued
f
(.
a
3,005.000
3,569,248
income tax_v
■
Accounts
n t
;
has outstanding
j«merica
74^'^4
of service Jives
years
Drcuavments
Current matur.
order granting the company's appli- v
an
the following
to
Prudential Insurance
of
mortgage
IO ivennance MOrlgage
(subsidiary of Ebasco Services Inc.)
Rector
Two
the hands
oireet l^orp.
400,067
LIABILITIES—
Air
—
•
Mnrttfaorp
the
insurance program, according
group
"Evening Standard" to the'
effect, that Universal Pictures Co., Inc. is on the verge of sending film
across the Atlantic under the present terms was stated by J. Cheever
.Cowdin, Chairman of Unlversal's board of'directors, and Nate Blum»>erg, President,, who. are at present in London, to be sheer Imagination
3,105,508
378,829
,
costs applicable to new aircraft being amortized
$/,.•
!■■'■■■■_
the
^
4,961,325 ' *
5,177,279
.
id^Vr'S'cp "d
-
Ppfinancp
StovnCo.-Liberalizes Insurance Plan-
Universal Pictures €•„
-
2,814,155
503,043
,
,
e'
verge of sending films to England under the present 75% Import duty.
.
$8'iJH?4
**!lueS^ent f*n Mexican subsidiary- 3,252,789
tOther Investments ________ __—
425,723
;
a
.
J'
$1;
2605
4
v^The
.
,
.
the
is',
n
8,508.849
director, becoming the 10th
Nine other directors were reelected on March 9.r
890.:,
p.
...
.
.
record
1947
$1.—V, 166
;
,
•
(at.. 400,000
customers,
rr*_4Qi
u
-
7 3,099.193
"
Jr.^ has -been -elected
Tucker,
DEC *31-
1^7. ,*2406 209
p.
$2.34
• v;
t01n^,7,.0
7-." $8®^®
Maintenance and operating supplies, at cost—
Tucker Corp.—New Director Elected—
Preston
SHEET
'
'
U. S. Govt, on war contr. and transp.______
-i>
01 35 ^
.
.
SSaMcs ?roii-
Sears announced that the corporations
businesses begin-,,.
we'l with a satisfactory volume of new orders and growing «•'
1948
'
•
7vTV*~7^-7
M.
Lester
ning
rrtsShanre:a year"end
a
were
,.>751,070
$0.54
'
>
0
Common Dividend
the common
»
BALANCE
loai™
'
The directors on
on
CONSOLIDATED
v-^'Hefundable i>ortion of 1945 Federal
v!i'
1-v*„*
-v,
of
Jan.
"The statement published in the London
*
". $216,338 ,>^$192,346 ^
,..$151,266
,
and
3758»
1 p
■
«^-hach f.ature of Federal Income tax
;
^
^ ' ' Airlines,
'.'^1945
1946
V
1050.
d
• >1947
,7 -,
pV.
-
,
r5*'-*
923!856.
;
Nil
^
,
stock:
July 15, 50 cents each; and Oct. 15.
Miller, President and General-Manager.
**•
pay,
■■$4,203,815
m'^3?575
paid
-
Director of Nashua Mills, Division of Textron inc., Marshall Rawle,
(Vice-President-; in chWge .of-•,marketing .announced.4 Mr..- Robison will ,,
assume
full responsibility for both merchandising and sales of all
nroducts handled within -his division. -He has been General Sales
Manager since November,
1946.—rV.- 167,-p. 947.
.'
Man g
'.
,:;r
oMos
,
*>3,774,366v $i,086,96i
-common stock. __
in July 19^0 -as ayscems Accountant and was appointed y ?fdends paid -and mangt. share. ...V
per com.
and
made on the common
were
undertaking by the employer and -employees, with the employees
.tribpting fixed amounts toward the cost through deductions from
.
60,000
*
-
,
has-beenappointedCtmtTOller'Of -Textron
Marshall S. Delavan
joined Textron
;*o
——
-8,000
and
,
-tecttom offered in its employees*
99,483
.-v
i
:
t
'
'
incom®
Income
on
n
DrW,2W..This company has liborallaed the provisions and Increased
.000.564rD,mi.mrD
-r——^
State income taxes;—
IneoiTwated--Controlter. Appointed—
Textron
April 15
,
,
1
taxes
mrr
RESULTS FOR YEARS ENDED DEC. 31
>
"Y. '!United
.
246,687
v
Federal
FNPPn
259 456
~L~-
25,944.
-—
.
except
YFAR«!
e?£niniS btef* Ped\inc' taxes and
,-following payments
.
17 145
FOR
on the. preferred stock, both payable April 15 to holders
March 23.
Like amounts were paid on Jan, 15. last.
In
.
net)
otter
/
<
S'.
V
.-
.
•n
„
f°r* income taxes.. ,*$5,819,366$2,020.961-$7,€05,814
,n •* liabilities.—,vFederal income taxes—_tCr2,045,000
926,000
3,342,000
_
qoq
167, p. «**..
1
7,845,811
f^902-044
;
653"t
.
in-****
10,881,492
Income
1
237
-———
.
charges
•
1947
1946
reserves $8,064,700 $5,199,733
Net profit after taxes, etc
4,338,409
2,495 327
Earnings per common share
S5.U
$1.62
The directors have declared a dividend of 50 cents per share on the
common stock and the usual quarterly dividend of 87Va cents per share
8,767
w
—
amorllaauin.'ind;depletion'-rf"*^
'"^f^fTepreclaUon.
for
9,882
XT„.
2M813129
—1.U5.344.831 916,432
TotaI
serves
v,
tto'on
77
all
RESULTS
_
® ?
48,514
<demSsffleri & i^.?rhTPment
dePreciated on a unit basis.-
*
-
4,503,474
-
deducting
11
provision for reserves.
lossondi^nn^rHn^^f'T",^—'"7
Net
281 116 500
—370,112;561
,
------
.
2',277',229
121 997 933
^
1945
6,729,560
_____
10 471 859
^
«After
1946
7,848,865
''.SSSSSS?®®
-9,188,845
foreign exchange fluctuations.™
1,950,574
contingencies——.
___J. 25,000,000
(par value $25)
—
336,527,400
for
Capital
09?nfi?
7
(1263)
CALENDAR YEARS
1947
hSSXaHki administrative____
Uncollectible accounts
80W000
6 846 291
benefits untler,employees' plans_^
S
eo'ooo'ooo
.
CHRONICLE
i
—— $69,038,173 $64,948,159 $39,347,789
Flyingrgroimd and pass. serv. opers.. 36,588,181 33,235,270 15,787,061
Si ™T' h' ™•'\ a?,d *)ublicity 10,532,958 9,388,521 5,241,491
>*83
16'
60,000,000
80,000,000
______
1, 1971
FINANCIAL
Oneratinir
5 000 583
10 095 755
1965
due May 15,
jfhentures, due June
debentures, ^.
54,690 514
.
&
CONSOLIDATED INCOME FOR
14,433,393
82,695,939
6.120.31L
194g and. 194?
2>
Jan
for
BeSC
.--
accrued liabilities
Federal income taxes___
for
Diviaehlitures
rk ^
2%%
Other
payaWc
payable and
einn
jprovision
-THE COMMERCIAL
,
^
THE COMMERCIAL
without
premium
unused
(standby
charge
V*%
per
annum
amount
on
of
directors
stockholders
at
declared
their
advisable,
meeting
reclassifying
value
into
share
each of the
one
share of
and
increasing
stock
common
authorized
to
present
the
the
by
action
Gamble,
stock
of
no
board
of
directors
from
reduction
a
in
the
ariiehdment
the
Of
common
$15,837,895)
price and $10
conversion
of
by
less
in
stockholders.
the
difference
respect
the
The
of
ment.
between
each
debentures
share
before
the
of
amount
the
date
of
'
issued
such
to
29,
AND
1909
Virginia
BUSINESS—Company
asf Virginia
Electric
&
Railway
Power
The
com winy
acquired,
business of Virginia
arid
sisting of
of
WeSt
electric
an
Virginia,
Hampton,
Va.:,
Co.
by
&
Oct.
27,
merger
Public
business
in
Co.
1944,
and
and
its
the
business
gas
vicinity/and
Newport News and
26,
east
March
on
.
service
The
in
in
Newport
31, 1945.
con¬
section
The
News .and
total
consideration
determined
by
paid
negotiation
*
-
for
and
properties
stated
at
the
of
VPS
market
of
remaining
of
transportation
Citizens
Rapid
its
transportation
Va.,
Dec.
on
properties,
Transit
Corp.,
properties
29,
1944,
including all of
Match 31, 1945.
on
the
The
sells
company
surrounding
electric
territory
retail
for
1.748,000.
997
The
conducts
South
Norfolk,
Virginia./
For
News,
capital
of total
6%
operating
from
the
was derived
revenues, 92%
2'ft
in West Virginia.
DEBENTURE
underwriters
not
subscribed
purchase
are
in
the
debentures
was
by exercise
follows:
of
of
April
of
one
of
cnicago
$1
1
50
L.
share
holders
to
cents
Egan,
Of
the
Webster
Corp.
names
the
of
in
the
percentage
warrants
Anderson
&
Secu¬
W.
12.00
—
Strudwick—
-
A.
9.00
3.00
C. F. Casseli & Co.,
1198.
p.
past
2.00
Bavenport & Co._,
-
the
which
E.
the
of
each
Hutton
folk
team
declared
recoVd March
1945.
Gallcher &
Corp.—
Co.) Inc.——
annual
an
it did not
to
up
W.
of
19.
imply
-
Harriman
Ripley
&
Co.,
Inc.
9.00
.___
&
Both
the
of
1947
in
the
UNDERWRITING—The
principal amount
of
of
rates,
but
Not
Inc.
i'
new
__Z
—
of
the
to
&
Curtis
1,500,000
Co,
F.
S.
V.
Blair
167
&
The
Ha
1,500,000
Mosuley & Co.__
William
in
Ellis
&
Ohio
for
and
(1__
500,000
400,000
the
first
two
the
corresponding
Chairman.
He
also
period
-stated
in
200,000
in
the
quarter
last
this
does
the
the
top
1948
increased $414,883,
1947,
according
pares
20
cents
payable May 20 to
with 15 cents paid
that
The common stock4n
Feb.
V.
20,
165,
10 cents;
p. 1638.
holders
Feb.
on
1947
and
share has
per
May
of
declared
May
20.
11,
the
following
20
and
Nov.
sale
of
all
wartime
peak
three
lending
of
years,
Net
ry.
West Penn Electric
is
Wages
bids
Social
the
the
capital
provided in
as
stock
Whether
of
the
at
this
!
the
and
and
bank
Wear
of
and
FOR
and
over
1G7,
would
for
year
when
YEARS
approved
politan
for
a
a
Bids
term of 20 years.
existing $4,900,000 of
loans and for general
on
Divs.
last,
year Jor
on
Earnings
•
others
debentures
on
loans
Z
3,303,369
the
in
712,975.021
307,953.051
an
The funds will be
used to retire
debentures,
off
pay
•
bank
New Directors Elected—
D.
an
E.
Adams,
elected
executive
Vice-President,
directors
1945..
S.
/
6.734,584
By
cum.
v
1946
A
ser.
B
of
to
serve
Carl
March
Inc.,
C.
Raugust.
20,
which
1951.
owns
March
on
Mr
19%
16
the
out¬
on
'
•#
for
war
contract
$2,581,909
with
cos.
319,896
12,852.769
Motors
Export
duties May 1.—V. 167,
new
■■
' v
■
■',
.
prods,
(less
par
for
for
Pump
&
$1.29
V
—
Machinery
Corp;—Stock Dis¬
•
of
stockhokiers
at
the
annual
amendment to the certificate
date pursuant; to which each
meeting to be¬
of
incorporation
share'--of
be
changed
into
common
shares1 of
three
common
New
a
y:/""
York
ex
Stock
said
Exchange directs
distribution-/until"
delivered
after
167,
March
further
23,.
1948,
the
on
common
cents
during
each;
966.
and
must
•/'■••'■"'•
be
accompanied by
-
Z;; ■/'■
on
/
were
Sept.
16
as
and
1 y."
■
Action Omitted—
March
stock.
1947
stock be
common
hotice/ 'dM that all cer-
Wrisley Co.—Dividend
meeting of the directors held
taken
the
'J f
90.
p.
that
15,
fojlows:
/;/
March
31',12'/a
Dec.
dividend action
no
-
.
and
5
166,
cents each.—V.
Z'Z■
/:y./ /'
14,
June
/■
Wyandotte Chemicals
Corp.—Plans Sale of Additional
319,896
At
1945.
1947
this
Stock—
$2.06
on
which
of
deposit
bring
the
of
active
the
1945
$55,304,111
$69,755,252
165,000
42,706,798
not
cons.
65,855,417
9,670,658
6,673,906
2,055,373
4,877,874
is
.
not
234,806,955
,
166 825 474
127,967,652
28,551,560
128,912,155
.;
a
the
New
voting
founded
aoe
906
1,699,116
t
1,435,408
3,674,986
Corp.
remainder
York
interest
as
of
107,576
(J. S.)
On
-
144,476
Lazard
m
a.
trustee,
Ford
of
its
former
that
the
the
in*
holdings,
National City
have
interests will
Solvay
the
has
and
American
Allied
with
,
part of
including an
Solvay
trust,
and
family since
1890.
in
Cie.,
&
Corp.
voling
Ford
the
of its
Ownership
substantial
a
Solvay
Dye
so
of
B.
holds
by
&
amount
Freres
&
of
received
of
on
on
a
166,
and
Mr.
represent
George
Solvay
the
March
2-for-l
16
approved"
basis.
^^v'dend
record
$1.50
common
March
each
of
the
75 "cents
19.
pripr
quarter.—V:
a
-
stock
per
to
152,
Murnane,
interests
310.
p.
,
increased
Cas^
*
York
will
Young Co.,
Baltimore, Md.—Split-Up
stock
this
New
Co.,
board.-V.
stockholders
holders
$601,632,178 $409,967,252
$449,994,522
hands
hands
the
President.
or
on the Wyandotte
1,138 277
-
now
in
remain
Ford,
the
owned
Chemical
substantial
will
M.
In
representation in Allied Chemical & Dye Corp.
contemplated that Baron
Rene Boel, of Solvay et Cie., Jo}l"
raphagen, President of
common
4.517,006
111,160
April
is
The
'
meeting
by Captain John
originally
Allied
E.
77,637,955
2,030.714
-
—
102,515,913
of
partner
8,752,252
-
operations
—
8,895,892
of
to
been
Bank
20,779,181
6
Insur.
reserves)
34,162,535
239,498
8,964 510
in
however,
have
American
assets
placing
Bank
no
.
shipped Cr38,318,718 Cr24,062 725
Cr21,534,731
—
special
818,000,000.
according
was
Solvay
.vestment
4,74% 43 2
in
company
disposed
17,323,421
to
management
The
111,589,790
total
Wyandotte,
owners,
American
62,255,000
—,
a
.
Control
..
116,000
95,844.382
at
to
present
1946
vote
6 on a pro*
increase the
capitalization by the sale of stock to the Solvay
Corp., American affiliate of
Solvay et Cie. of Brussels. S /
/
The proposal calls for the initial investment of $12,750,000 in new
Wyandotte stock by
Solvay American Corp., with
subsequent purchases
*4.0.
posal
with
31
'•
:
will
American
'
.
'
stockholders
•
AnnG-
compared
rate
,The
the
advance of requirements.
$4,169,130 for the Retire¬
$2,388,815 in 1946 and $2,497 098
cost)-
fin. products
in
517,989
$0.61.
value, w'll
value, by
no
Distributions
reserves):
used
/, 1946
y
285,181
•
that
on
no
quoted
At
12,611.449
$0.65
terminations
X
———
mfr. &
*
General
•
(Allen R„>
26,744.055
$112,701,643
(at
prems. & other exps.
paid
but applicable to
future years
Receivables not collectible
within
Total
of
share;
152 \
due-bills.—V.
'
'
the companies:
to
reserves-)
surrender
97.
p.
1947
comm m
filed
tificates
p.
$3.58
iLand, buildings &
machinery
Patents, charters and franchises
(less
'company
plus
price,
.
to
of
The
not
' —_
8,823,846
16,265,868
sharej_-j
1947
(less
the
and
par
the distributioa;.nn/ March 31, '1948, of
additional shares to holders
ot 'ench share .of record at the close
of basinesa on
March 23, 1943.
% -i. /:// ;-%■'/
18%
"
...
securities
year
166,
;
p.
of
'
Raugust*is
of
stock.-^-V.
stock
share
per
Brothers—Earnings—
two
8,744,730
rZ____
CONSOLIDATED BALANCE
SHEET, DEC,
Property not
until
Gamblc-Skogmo,
Other
of
redemption
presentation
He Will assume his
1,820,833
Wholly-owned cos. not consol.
Wcsi'gh'se El. Corp.—com. stk.
••
$105
Executive Vice President of
Willy-Overland
Director of the
newly created distribution divi¬
approval
March 23, an
be
.stock
279,524
compared
others
on
office
full
preferred
at
partici-
and
Plan
wholly-own.
of
next,
the
the
upon
/'/,
166,
stock,
12,838*984
2,537,295
$3,362,025
Govt.-securities
process
cumulative
$16,959,461 $13,278,976
was
ser.
"Materials, supplies, products
•
always
named
and
profit
held
1,623,668
8,805,356/ / 6,706,452k
48,806,417
.'
owed
not
alphabetical
alphabetical
near
15,
at
Y.,
1948,
'
Subject
ap¬
—
one
and
made
N.
15,
preferred
.
7,763,464
4,444,275 r " 7,286,109
30,473,045 Cr63.O39,047
22,512,337
5,544,237
,2,919,848...
3,739,114'
297,557,657
151,780,215
320.648,802
liability thereunder will be funded in
addition, the expenses for 1947 include
By
Loan
interest rate of 3V8%
been
tribution—
6.201,604
-
2,290,6251,708,388
'
By customers (less reserves)—
By U. S. Govt, as tax refund-
annual
at
be
York,
April
of
Wortliington
'•
,689.730,293
6.542,791
8,101.000
common
Annuity
is
exact
as
Wieland, former Vice President
Earned per
inventory
$70,500,000
Investments
meeting March 16
$15,000,000 from Metro¬
to
Calendar Years—
185,528,988 -;279,39O,890
was
ASSETS—
143%
corporate purposes.
were
283,382
Sales
4,069,434
approximately $600,000.
•NOTE—Provision for deposits into the
Westinghouse Electric
ity Trust for pensions amounted to
were
flown.
J.
has
Wilson
528.006
operations-
future
7%
for
in
always
ore
it
reason*
companies
will
New
certificates
1090.
—V.
2,957.894
—
per
income
Amounts
a
mechanical
Willys-Overland.
.-
c 685.132.854
/
(depreciation
—Z_Z
current
on
■'Includes
net
'
were
payment
1945
301,691,788
8,717,620
l
preferred stock,
preferred stock,
Dividends
Pur-
pounds"
1,064,882
Co.—Arranges $15,000,000
3y4%
859,991
,316,421
Co.—To Redeem Preferred
Stock—
Division
p.
778.318,097
303,873,749
(reserve)
above,
Insurance Co.
1945
$2,189,232
^434,134
529.599
outstanding shares of 7%
for redemption on
April
sion of
$
pensions
tax—
facilities
income
Divs.
the
proposal to borrow
Life
986."
p.
1946
793,641/ I
654,316
x
each.L-
for
385,311,030 pound miles
their
1947
possibls.
Export
\-
288,181,016
&
Progress & advance billings, incl,
Western Auto
Supply
—The stockholders at
167,
i
UppMcabJ 5
1945.
$2,151,800 " $1,590,470
1,012,049
called
Street,
Division,
com¬
In
938.501.832
previous
$8101 onn
$130 79141a
Ry.—Earnings—
$2,736,263
have
$
pating preferred stock*
Dividends on common stock_
carried
89.
in
$449,994,533
of
of
Willys-Overland Motors, Inc.—Executive
Vice-Pres.—
completed.
record
1946
2,476,011
Probable future
expenditures
payments per share:
cents
as
dividends
Arthur
,
market
7,344,076
amortization)
$3,040,329
when
the
p.
reserve
(reserves).—V.
dividends.
the
that
■
CALENDAR
common
This
of
high
685,340,339
taxes—
fees
for
the
Broad
50
serv?
—J
services from
and
of
-accrued
the
624,672,985
589,583,459
(not cons.)
cos.
—
income
Interest
2,467,150 pounds of air
freight during
1947, announces Arthur C.
Smith, Cargo Traffic Manager
Air freight
pound miles totaled
gain
special
amortization
$126,072,770
year
income,—
Immediate
of
of
849,930.945
salaries—
Materials &
U.
—V.
33.029,201
986.
p.
been
and
.
1947
customers-
insurance
Cash
corporation
and
of
railway**
Wichita Water
All
have
program
present
requirements
year's production
ACCOUNT
...
986.
liauled, this
1947
and
1948
position
Net
taxes
losses
Western Air Lines,
Inc.—Air Freight
Up 132%—
Representing a 132% gain over 1946
"
in
they
-
INCOME
from
security
Other
purchase of $12,000,000 first
mortgage bonds, Series M, and
50,000 shares of
preferred stock Series
B.
Such bids will be
received by the
company at Room 901, No
50
Broad St., New York
4, N. Y., up to 12 noon
(EST) on March 22.—
V. 167,
p.
,83,477,063
■-Z
common
conditions.
continuation
working
facilities
products
sub.
and
Federal
ment
for
33,029,201
The
income
Employee
Co.—Weekly Output—
inviting
1946
end
railway—_
oper.
of
output
-
703,154.334
orders
Provision1
r
West Penn Power Co.-Invitation
ehase of Securities—
company
in
to
NOTE—for
tvill
output of the electric properties of
this company
American Water Works &
(previously
Electric Co.. Inc.) for week
ended March 13,
1948, totaled 106,339,000
kwh., an increase of 10.98% over the
of 95,834,000 kwh.
output
for the
corresponding week of 1947.—rV.
161, p. 1198.
The
85,586395
33,029/201
depreciation
possible to arrange
order.
However,
1947,
previous
.
Powdv
116,743,779
$601,632,178 $489,967/252
including
for
prior
from
<—V./167,
banks.
additional
market
upon
other sources—
Net
15
for
53
customers—
from
Total
or
1948.
20,
the
depend
these added
*
on
the
sold
From
-
20, Aug.
'
been
record
received
r
company's financing program in 1946, it was
.
from
-ices
12Va%,
August Koclis,
to
with
the
business, related
plicable to
stock,
' '
for
val.
par
—w_:
$127,921,1V3
from
physical quantities produced,
times that of any prewar year.
2%
loans
unfavorable
impossible.
Income
200,000
Walker & Co,—Declares
Larger Dividend—
of
of
exc.
reserves,
reserve
of
output
$132,000,000 expansion program is approximately 75%
Unfilled
& Scrib-
Z
with two new
plants expected to be
operation in the near future, sales
of the
company should exceed
1947 sales.
He added that the
decrease in earnings
reported for 1947
resulted
from
increased
operating
costs
without
similar
increases
in the price of the
company's products.—V. 167, p. 588.
dividend
''/•■''
owners
In
$
in
A
3.998,70o
160,704,925
i;/:
162,704,275
••/
106,458
71,435
for
the
company had outstanding a total
April 30, 1948.
It is the intention
due
these
postpone
of
the
year
with
will
of
Orders
_u—
ner
months of
in
——
r
in
Years Ended Dec. 31—
identical.
the
stk,
After
Gross
f
business, after providing $8,101,000 to
inventory values, amounted to $48,sales.
Only our high volume of production
loans
renew
CONSOLIDATED
Howell, Sulzberger &
Singer, Deane
1,000,000
*
Victor Chemical Works—Unifies
Preferred Issues—
Sales for
162,704,275
business. ;
company
January-
purchase, leasing and construction of new plants
and
additional
buildings at existing plants have added 10,740,000
square
feet to the company's
manufacturing floor space since 1940.
Together with new tools and
equipment, these facilities have increased
our
production capacity by more than 200% since 1940.
I
& Co.
to
Without
been
4.50,
The stockholders on March
17 approved a
proposal to change the
two. outstanding Issues of
3Va %. cumulative preferred stock Into a
single series.
The "initial" series of
40,000 shares was marketed in
January, 1946, and the "second" series of
40,000 shares
was
sold
in July 1947.
Tevms of the two issues are
over
the
the
Wheeling & Lake Erie
;
prompted
reflected
..
Our
500,000
Co,.*
bank
to
because
Profit from
*
in
paid
operations
year's
losses
conditions.
3.00'
*
the
of
in
revived
volume
2.00
2.00
'
—
end
arrangement
decided
is
2.00
Ander¬
.
Co.
1,200,000
Co.
,
sh.)
actual
than
more
the
possible
connection
time
4.50
9.00
follows:
as
1107
-\
In
9.00
are
the
original
9.00
purchasers
each
Watling, Lerchen
Shields & Company
.
Green,
1,500.000
,
At
$80,000,000
Amount
son
Corp,
'
Paine, Webber, Jackson
retained
Total
equal to 6.9 % of
made possible this rate of return in the
face of sharply increased costs
of labor and materials and other
purchases.
/
'
1.75
severals
purchased by
$1.500,"000
pfd. stock (par
share)—„
per
arranged
was
1947
for
record
year
',,,////■ '
was
from
against
management
C.
names
bonds
50,000,000
,'
Amount
1,523,017
42.505,788
7,997,400
50,000,000
Surplus:'
future dividend policy.
a
team
only
exceeds
it
and
806,417,
Nor¬
Amount
.White, Weld & Co
Equitable Securities
737,400
B_
The.previous payment
■
best
products
$844,000,000.
volume
output
income
perhaps
was
1944.
dollar
in
protect
Percentage
J.
4.00
Co..
,
BOND
A—
series
Com. stk, (par val. $12.50
per
ciass A stock,
the
<
profitable
a
Westinghouse
annual
$830,480,435
the
oper¬
agreed
Langley & Co.—!—
Brothers—,,
J
Mason-Hagan, Inc.,
Scott,
Hofner &
Mason,
Inc. *_*Z_„_—
Scott
&
Stringfellow—_~
White, Weld & Co.—
1.75
partic.
$12.50
20.000,000
sh.:
per
series
cumulative,
cum.
—
$100
cumulative,
value
„
the entire
covers
on
earnings
gratifying
a
and
performance
rate
peacetime
principal
Lehman
9.00
7%
liabilities
par value
3.80%
)
stated that
-
employees
$210,975,092
in
debentures
has
Peabody &
Kuhn, Loeb & Co
2.00
Boston
34,425,235
—
company.
■'
,
The First
30,254,292
owed-.
linkncwn
stk.
HVaVf
Broadway, Worth and Thomas
been
i
adds
year
Westinghouse
Carolina *"
several
Kidder,
1.75
*
Inc.*_
1,566,920
or
Westinghouse Electric Corp.—Annual Report—Gwilym
Price, President, said in part:
of
near
from
North
Investment Corp.
1.75
Elyth & Co., Inc
Eosworth, Su'livan & Co._
Branch, Cabell & Co._;
1,272,519
Net
of
all
electric
Percentage
&
rities
20,000,000
amounts
1947,
15,
President,
the dividend action, but that
167,
10,206,373
30,000*000
is
>
Stone
debs., due Nov.
f After
has
of
Dec.
on
30.000,000
-
issue in the amount of $8,330,000
per
10,214,654
80,000,000
years)--
20,000,000
'
.
Joseph
Net
and
for
as
and
derived
was
Virginia, 6%
.In
Phoebus,
:.
■.
business.
UNDERWRITING—The
of
West
"
3
30,000,000
purchaser of the property.The property was immediately
the Woodmen of the World Life Insurance Society of Omaha,
dividend
payable
and
population
business
revenues
gas
ating
and
Street,
10,880,369
-
1948
1951—
Pfd.
Pay $1 Dividend—
The
gas
•■
business, and
Hudson
30,
for
1971—
*
A
stock
communities
Hampton, and
/
the year, 94%
electric
by
April
tPrcbable future expends., losses
the proceeds
that
stated
year
taxes
'
manufactured
a
Newport
to
To
-
company
Barnes
Norman
one
22,643,923
24,089,952
3°.000,00o
289,235
1,
Neb,
v
Norfolk,
N. Y. C. Building
stock
—V.
aggregate
Union
•,
the
The
in
estimated
an
bounded
deeded
-
yat
energy
with
which
of
due
extended
cap.
The company is engaged in the business
of generating and purchas¬
ing electric energy and transmitting, distributing and
selling it at retail
and at wholesale in art area
comprising the greater part of Virginia,
northeastern North Carolina arid
east central
West Virginia, in all
approximately 29,700 square miles.
Western
A first mortgage bond
in Richmond,
disposed of its
and
Corp.,
within
^>®15,38Q
18,370,190
2%%. debs., due Sept. 1,
June 30, bJ U
cents,
166, p. 2666.
building, Which contains 15,775,000 cubic feet
block
issued, the principal amount of liabilities assumed and the sum of cash
paid) was $5,190,252 in excess of the net VPS book cost of the assets
acquired and that sum was immediately written off.
The company disposed of
Norfolk and South
Norfolk,
Realty
Streets.
($59,554,344,
value
75
31,
Dec-. 31, $1.—V.
taxes--—'-,——
due
loans
2V» %
or the sale .will
be used for the company's mechanization program and debt retnement.
Simultaneously with the sale, Western Union took back a long te
lease with a
series of renewal options totaling
100 years, and as in
the past,
will occupy and maintain the building.
a
'
March
of
24-story home office building of this company at 60 Hudson St),
was sold on March 11 for $12,500,000 to The ,b0 Tfudr
Street
income
be
(to
York, N. Y.,
Officials of
coordinated street-railway and
Hampton and vicinity.
The bus
operations were conducted by Citizens Rapid Transit
Corp., a wholly
owned
subsidiary.
The railway and bus properties were disposed of
bus
holders
to
•
properties
central
31
follows:
as
30,541,641
Bank
l)ei'sh^e on
record March is.
President.
changed
subsidiary,
were
March
5,783,247
20,933,870
'
$1
'
The
New
Virginia
the
1947
son
in
was
Nanie
in
payable
7,274,332
—
Miscel., inch state & local
,
in
amend¬
1925,
Virginia
and
Co.
May
on
Service
manufactured
a
Power
stock,
of
:
Federal
Other officeiS
Dividend—
dividend
a
22
(including
payroll- deductions)
Bank loans
declared
9
and ' salaries
Wages
a
Suppliers of materials & services
Vice-President.
a
Western Union Telegraph Co.—Sells
'
incorporated
-was
capital
not
was
•
1198.
P.
March
on
board,
Other
■
HISTORY
June
elected
was
167,
the
of
chairman
as
director,
a
cents; Sept. 30, 75 cents; and
conversion
stock
common
directors
Payments
transfer-will
the' debenture
of
effective
'
the
year
as
Kelly, Treasurer,
The
amount- of
will increase the amount of capital represented
by the common stock to
un
aggregate sum equal to $10 per. share, effective upon
approval
be
last
re-election
Western Electric Co., Inc.—Declares $1
stock, and the remainder from earned
to capital represented by common stock in an amount which
surplust
retired
for
re-elected.—V.
were
(capital surplus to the extent there¬
arose
C.
S.
par-
value of $10 pernumber of shares of
the
who
candidate
par
authorized
time
for
charted amendment
a
common
of
same
surplus
of, substantially all of which
capital represented by
the
At
of
stock
maximum
6,000,000.
transfer from
a
submit
19,/1948,
shares
common
will
and
May
on
Monday, • March
LIABILITIES-
standing stock of the company. Other directors are Lester Hutchings,
Chairman; Paul E. Connor, President; and Don A* Davis
B<eit u
credit).
§The
CHRONICLE
&. FINANCIAL
to
Approved
split up
th<
•'
directors
share,
the
p.
proposal
stock
1609.
have
payable
split-up,
declared
(
April 1 •'
the
stocl
Number 4683
167
Volume
THE COMMERCIAL
Stock Record
&
.
FINANCIAL
New York Stock Exchange
cox
irr.mlfl!!J!!fEOF0FSALE
PWCES
YEARLY RANGE
WEEKLY VOLUME OF TRADING
PRICES
Range
for Previous
87ft
110
Jun
5%
10%
Dec
6
4% Feb
Feb
11
Oct
45 ft Feb
May
Oct
14ft Feb
11
Jan
42 ft Mar 19
28 ft Feb
10 ft
Feb
7% Feb
10
Dec
38%
Feb
22 ft Feb
20
101
Feb
112
Nov "
100
Dec
6ft
Feb
3% Jan
16 ft
Dec
31ft
Jan
14ft Feb
75
Dec
102 ft
Aug
5ft
2 ft May
76%
Jan
56
27 V2
Nov
10 ft
Dec
164
104
12 ft
202
Juneau
Jan
5
Aldens
Inc
7
24% Feb
28
90
20
2
2
4ft f
72 ft Mar 11
29 ft May
Mar
2
11
11
Jan
5
Allen
190
Jari
Allied
Chemical
Allied
Kid
Oct
28
33% Jan
Allied Mills Co
90
Dec
Jun
11
Feb
82
105 ft July
31ft Jan
Mar 16
89
Jan
9
•
Oct
33 ft Feb
11
39% Jan
5
Oct
86
Feb
25
92ft Jan
8
17 ft
31ft
30%
31ft
2,400
7%
7%
8%
2,000
9,100
104
*101
104
♦101
23 ft
23%
23%
22%
22%
105
*101
8
100
3%
3%
3%
3%
3%
*3%
3%
16 ft
17%
17%
17 ft
17 ft
2,400
1,200
16%
*16%
*75%
76%
*75%
76%
♦75%
76 34
75%
75%
30
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
12,200
39%
39%
39%
39%
38 ft
*71
33%
39%
3,700
17%
79
•71ft
-
•71ft
74
25%
74'
26
25%
•90
77
*75%
95.
Dye
No
Co
Inc
par
•173 ft
174 ft
173
173ft
18 ft
18%
*18
18%
28%
28%
*28%
29
28
28
•83
85
No par ,i
.
No par
100
*9%
10
10
27%
9ft
172
172ft
174 Va
174 ft
♦171ft
172%
18 ft
*17%
18 ft
•13
18%
28%
28 ft
28 ft
♦28%
29
28%
x26ft
27%
26%
27
27 ft
27 ft
82 ft
83
35%
36
88 ft
88
88 ft
26 ft
26 ft
26 ft
5ft
5ft
5%
5
51ft
*45
82
*81
82
35%
88
88
,
;
200
2,300
27%
7,400
83
400
34 ft
88 ft
88 ft
V
1,800
29 ft
'
*81
35%
5,500
88%
88%
800
35
34 ft
35
88
1,200
18%
*18
83
•81
81%
34
88
34 ft
:
,
27
4,400
9ft
172 ft
35 ft
.
9ft
9ft
28 ft
28%
28 ft
95
*90
95
172%
74
27%
28 ft
*9
9ft
*71
74
27 ft
•90
95
*9
9ft
•71
27 ft
*17%
♦87 ft
*
74
26%
*90
39 Va
39
38%
*71
-
26ft
95
35 y8
Allis-Chalmers Mfg common
No par
3ft% cum conv preferred
100
74
*90
♦9%
38
39
25%
26%
♦90
95
1
Allied Stores Corp common
4%
preferred
12
42ft
99%
30 ft May
91
25
17%
100
30%
1,100
3,000
2%
Inc
A
22%
22%
3%
42 ft
8
7%
101
101
3%
1_5
5
21% Jan 30
39 ft Mar
Jan
22 ft
105
3%
49%
15 ft
ft
15
100
'
30
22%
22%
15%
31
31
3,800
42
15 ft
♦41ft,
7%
49 ft
49 ft
15
43
31ft
2,800
5
2%
•76
Allegheny Ludlum Steel Corp_No par
Allegheny & West Ry 6% gtd_100
5
x31
7%
ft
43
49
14%
*41 ft
32 ft
7%
49
49
Shares
90
4%
5
4%
1
43
*75
90
•75
4%
65
1
:
preferred A
18 ft Mar 13
8
15 ft
*42
♦101
4
90
4%
the Week
share
65
65%
64%
Sales for
$ per
share
17%
100
Industries
49
15
44
7%
22%
17 ft
48 ft
15 ft
'
4%
32 ft
105
•3%
5
common
Feb
Mar
•101
10
common
36 ft
May
22%
par
100
Mining
65 ft
*75
49
*42
8
64%
90
4%
15%
32 ft
8
$2.50 prior conv preferred-No par
5
90
3
Gold
preferred
5ft %
30% Jan
Mar
Vicksburg Ry
Allegheny Corp
2
Mar
xl71
Jan
Z-No
Inc
Alaska
■
•32 ft
lo
*75
Mar. IS
$ per
$ per share
67%
Friday
Mar. 19
Thursday
Mar. 17
5
48
44
Wednesday
share
65
90
4%
15 ft
•42
j
Alabama A
3% Jan
Corp_
Corp
Air Reduction
41% Jan
70% Jan
Nov
Admiral
49%
15 y4
No par
$ per
68 ft
67%
*75
•48ft
~~~Z_1
Addressograph-Multigraph
8
24
80
_I
■s
4%
iq
27
10
8ft Feb
21
Jan
21
Feb
Nov
9
90
4%
Co
22 ft
May
18
Feb
Jan
•75
2.50
Express
Adams-Mlllis Corp..
4ft Feb
26
Co
68 ft
SALE PRICES
Mar. l(i
S per share
•67%
No par
HIGH
Tuesday
Mar. 15
t per share
,_No par
com
Adams
102 ft Feb
15
Apr
Nov
48 ft
Dec
90 ft
37
Acme Steel
8% Feb
2% Mar 15
Feb
Motors
2
26%
75% Mar 19
Feb
44
25 ft May
ACF-Brlll
5
36
13
Mar 11
3%
9
Monday
Mar. 13
Abraham A Straus
46ft Jan 27
May
6
Jan, ; 8
17% Jan
Oct
25 Ma
Abbott Laboratories
52% Jan
►
40 ft
30 ft May
Saturday
*
Par
2
6%. Jan
11
18%
60
13 Va May
38
90
Feb
55
Apr
43 Ma
79% Jan
80
July
LOW AND
STOCK
EXCHANGE
$ per share
64% Mar 17
Jan
NEW YORK
Highest
$ per share
g per share
66 ft May
90
Range since Jan. 1
Lowest
Highest
share
I per
FOR EVERY LISTED ISSDE
8TOCKS
Year 1947
Lowest
CHRONICLE
.-
*''
8
30 ft Jan
6
Alpha Portland Cement
Feb
5
Mar 16
6ft Jan
9
Amalgamated
-51
Apr
46
Mar 18
107
35
24 "ft May
!
40
Jan
73
Mar
•
25 ft Mar
Jan
8ft
5ft May
50
Jan
2
106 ft Jan
12
Dec
83ft Feb
34 ft May
50%
Dec
42
Dec
11%
Apr
7ft Jan
13
9ft Mar 19
Mar
51ft Jan
6
6ft
64% Mar 19
7
80
Dec ;
50ft
9
May
,Jan
Amer
18% Mar
9
21% Jan,
5
Jan
58ft Feb
9
65
Mar1
8
17%
Feb
50
;
-
11% Jan
9% Mar 17
Feb
6ft
Mar 10
108
4ft
110 ft
Nov
103% Feb
26
7%
Feb
3% Feb
11
4% Jan
8
Amer Cable
Mar
76 ft Feb
6
80ft Jan
9
American
Sep
167 ft Feb
21
75 ft
99
Dec
196ft
Dec
166
36
May
54%
Feb
*
Jan
91
28 ft
20 ft May
47 ft
18 ft
Dec
88
38%
89 ft
42 ft
42 ft
42%
42%
8%
8%
8%
8%
8ft
8%
8%
9%
•61ft
59 ft
61%
62%
63
A
8
Amer
24
50 ft Jan
American
19 ft Jan
American
Feb
13
19% Jan
American
102:*
Mar
88
Jan
5
88 ft Jan
4ftft
40 ft Jan
American
33 ft Feb
10
Oct
94 ft Feb
11
Jan
25
Feb
26
48% July
118 ft
46
106
6ft
Jan
5
Feb
6% Jan
2
16
Dec
20 ft July
16
Jan
22
2
Jan
16
-
Jan
Dec
101ft
Feb
55,
July
42%
Apr
37ft Jan
9ft
Jan
6
American
5
American Ice
7ft Jan
6% Feb
25
Jan
13
92,
Jan
Jan
2
15 ft Jan
30
92
10% Feb
11
13 ft Jan
5
18% Mar 17
Jan
95% Feb
27
104ft Jan
share
Dec
*105 ft
44%
44 ft
45
45 ft
46
45
45
•17%
*17ft
18 ft
17%
17%
♦18ft
18 Va
18 ft
18 ft
16%
16%
16%
17
Feb
6y» Feb
;
28 ft May
7
Dec
147
19
45'/4
18 ft
16%
*16%
17
90
*86%
44
45%
♦17ft
90
Feb
16%
Feb-Is
,
Feb
..
9
1
17
r Feb
10
6% Feb
28
29
39 ft
.
7
.
8% Jan
v
24% May
81
1 Feb
11
72 ft Feb
21
Feb
Oct
13
3
14% Jan
Mar
Feb
90
Feb
Feb
10
Mar
22%
Feb
16 ft Feb
14
19
Jan
11
42
Mar 18
11
56 ft Jan
158
Jan
133
37
Feb
5
Apr
82ft
;
84%
:
Dec
I
41 ft May
.
Feb-.;
Feb
Dec,
120% Aug
Dec
34 ft Feb
8%
13
116 ft Mar 15
Jan
18
Feb
163% July
60
Oct
-.
Oct
174%
,
27
Mar 19
19
Feb
Apr
Feb 27
22 % Mar 12
Dec
20
:
25% Feb
28% July
146 ft
Mar 10
Mar 19
;
58%
59
136% Jan
,,46% Feb
116ft Mar
Feb
7
Dec
21
6
11
Oct
36 ft Mar 17
Feb
95
103ft
Feb
76%
10%
Jan
69ft
Apr
«■"
30% May i
42-
36ft
38 ft
>
>
51
Mar
*
Dec
Jaii
111% Mar
vJan 26
29% Jan
24 ya Jan *
144'
21
13
5
44% Jan
31
99,
Jan
90% Feb
7% Jan
16
64
30 ft Feb
11
34% Jan
Feb
10
30
Mar 16
28 ft Mar
98 Va Feb
58% July
46ft Mar
14%
Apr
24%
Dec
18 Ms Feb
7%
Dec
16
Jan
-For foot no tea see
page 24.
8
Jan
38.<•' Jan
19
38 ft Jan
* 4
104 ft. Jan
3
53 ft Jan
11
23% Jan
Mar 17
10
Jan
98
98 y4
98 Va
98 ft
1,400
25%
25%
26%
27 ft
28%
2,9^0
38
5%
5%
-
5%
14 ft
14 ft
16%
16%
16ft
16 ft
58 ft
58 ft
*58 ft
60
38
38
*37%
38 ft
5%
5%
5%
5%
5%
•
No par
♦6 ft
6ft
6ft
6ft
6ft
21%
6%
6%
•60
95
*80
*10%
10%
15'/a
14%
14%
14%
14%
♦14ft
15%
15
15
19%
19%
19 ft
18%
19%
18%
19 ft
18%
19
•'
*94 ft
100
100
LOW AND
vvvv
stocks
EXCHANGE
-
HIGH
Saturday
>
:t
Monday
Tuesday
Mar. 15
SALE
• per share
•
(6
<
$5
Co.
News
Power A
preferred
preferred
7%
•7 ft
4ft %
conv
American
100 1
common—.—.25
25
64k'preferred ———
100 "
American Viscose Corp common—14 /
5 ft
preferred
100
Am Water Works Co Inc—
5
American
Woolen common—No par
Tel Co
8V4
• per
Andes
27%
24 ft
7%
84 ft
74%
73'/a
74
12%
-12 ft
85
74%
74 '
13 ft
12%
165
26 ft
28"
*92 Va
94
27%
28 ft
93
94
93
94
94
10%
17%
10 ft
10 ft
17ft
17%
*17
17%
17%
17%
41
41
*
*40 ft
42
•40 Ma
42
42
42
*4oy«
'41
47%
49
49 ft
141ft
49%
143
135
135
48
50
142
33 ft
•32 ft
»
-50
142 ft
49 ft
33
135
32 ft
33
"133
*142 ft
'
*133
49 ft
143ft
141ft
280
ft
3,200
18
17ft
1,200
*41
42 ft
120
51
52%
9,100
142 ft
141
143
1,000
135
*133
.
270
31ft
31
31%
135
♦133
135
*133,
15,300
51'/a
31ft
32
32
32 ft
135
10
10
10
10
10 ft
10 ft
143
30
28
94
*93
13,700
167
27%
•
17%
*141
13 ft
12%
167
10%
,
76
75
"164ft
*164 ft
167
26 Mi
27%
15,000
1,900
2,500
87
27 ft
*164ft
165
200
8ft
7%
13
12%
500
'
31
86
74 ft
74 ft
1,000
1,700
127
7ft
7ft
*30
v
140
7%
26 ft
.*125
86 V
2,700
83 ft
25 ft
■i
•8
86
12%
■
31
7%
7%
84 ya
86 ft
83 >/4
7 Ma
x7Ms
*30
31
16%
7%'
127
♦125
.
7ft
IVs
*30
7%
85
167
127
*125
7%
25
92 ft
20
27 %
26%
27 ft
26 ft
27
26 ft
26%
26 ft
27 ft
20%
27%
4,300
; 27 y8
ft
*22 ft
22 ft
22 ft
22 ft
22 V*
22 ft
22 ft
*22 ft
22%
19%
19%
*19
22%
19%
400
22%
*18 ft
19 ft
*18%
36ft
-•
36 ft
36%
37%
36%
36%
116ft, 116ft
116ft
116ft
H 18%
♦117 Ms
147% 148 ft
148 ft
59 ft
58%
59 ft
59%
60
60
59
60
59 ft
60
»■ *22
-
120
*117
36
ft
116ft
*18ft~
37
116ft
*18
18 ft
18 ft
",148 ft
148 ft
19 *
18%
148 ft
148%
60 ft
60 ft
60 V*
60%
58%
60
•59ft
60%
60 ft
60%
59%
60
59%
60%
143
143
49 ft
49 ft
117%
117%
7ft
7%
38 ft
38 Vb
148 ft
143
49 ft
118
7%
37%
148%
38
*94
96 ft
82
*76
82
6ft
6%
6%
6%
;
61ft
♦56
61%
-31ft
31%
31
31%
37 ft
37%
36'/a
36%
30
30
29 ft
29%
•101"
•48 ft
22
•8%
102ft
101
101
y
•18ft
18%
..
148ft
18,300
".
510
49
50
2,600
*117
118
49
7ft
7ft
7%
7ft
7ft
7%
37%
36 ft
37%
38%
40%
39 ft
40%
36%
*94
76%
6ft
*56
30%
34 Ma
*29
*100
49ft
22%
X22%
22%
21
*8%
117ft
95
•94
95
95
•74ft
80 \i
80
80
♦94
6%
6ft
30%
31%
36
33
.
102
48 ft
22 ft
9ft
•
29
29ft
•
100
48
21ft
8
6%
6%
•'
84
7ft
6%
61%
•5ff
3i y4
31ft
32 ft
32
35
34%
36 ft
36
•
28
ft
♦57
61ft
♦57
61%
<
6%
96ft *
*80
95
76%
«
8,900
141
7ft
117 ft
117 ft
4,000
141
140ft
117%
48
500
200
18%
148
148 ft-
200
2,100
38
120
7%
♦48ft
9ft
48%
37 ft
118
117 y4
49 Va
*8
48
19
19
19
37 ft
118
47 ft
48
9ft
140ft
•
116%
118
7ft
*18
142
142
143
37
ft
48 ft
49%
96 ft
*78 ft
142
143
*13 ft
19
18%
50
Cable.*—No par
Corp com—12.50
-..No par
A Co
..21%
Oil Corp——10
Copper Mining
20
*164ft
24 y4
Shares
share
16 ft
7%
17 Va
Copper Mining
Wire St
Hock Glass
64 preferred
Anderson, Clayton
Anderson-Prichard
12=
84%
*7%
10%
*56
Anaconda
74%
"*83 ft
7%
,24ft
the Week
,
84%
7ft
Salea for
7
17
16 ft
92%
25
Anchor
75 ft
share
Friday
Mar. 19
16%
*7
31
600
98
$ per
I per share
*83Mi
127
6,900
-
Mar. 18
16%
16%
24 ft
300
19%
*95
f
Thursday
Mar. 17
84
15 ft
19
.
92
10%
preferred
Anaconda
7ft
8ft
8
86 ft
28
-*94
$5 prior conv
•30
*14 ft.
ft
*17 y8
,
-
preferred
100
$4 conv prior preference—No par
Amer Zinc Lead A Sme.t coni
1
li«
*7
7ft
31
31
167
:V 27%
24 ft
*125
127
7ft
13
•164 ft
7
7%
24ft
86ft
'
75 ft
12%
preferred
Tobacco
Common class B
7ft
31%
86 ft
•
Safety Razor
Co
,
7%
.
;—
No par
No par
San'y com—No par
American Seating
,
31%
•
84
24ft
*125
127
♦125.:
i—No par
.100
Rolling Mill com—.—10
24 ft
*24 ft
16 ft
85
7ft
8
■•7%
preferred
American
85
—1
Light com—No par
Amer Had A St
87
17ft
17
•i,
———100
preferred
American
17
•85
cum
American Molasses Co
Amer
•16ft
Co com—No par
000
10%
PRICES
Wednesday
<
$ per share
I per share
6,400
6ft
95
10%,
98
♦94
98 ft
Mar. 16
'
Far
*94
v
Mar. 13
'NEW YORK STOCK
,
♦94 ft
100
preferred
100
22%
6 ft,
95
100
54
*47
*80
95
*94 ft
2,000
22%
19 ft
common
800
5%
6%
•14%
Locomotive
37%
5%
22
1
100
preferred
7,600
•,
37%
52 ft
21%
*6ft
6ft
*80
95
21%
4,100
.
60 ft
5%
♦47'
54
*47y8
22
21%
*80
5%
,
54
"47
21%
700
7%
7ft
38
*37%
21%
2%
67%
*58%
60 ft
60 ft
1,400
2 %
7ft
7%
*59
1,100
1,000
67%
67%
67%
7ft
'
'
2%
2
2ft
7
7Mt
7
7ft
5
5
5%
14%
67
67,
68%
68%
,K
*5%
14%
16 ft
2
2
2
2%
68
•
16 ft
16 ft
16
16 ft
54
*47
54
*5
•14
38
*58 ft
38%'
14%
5ft
14%
5ft
14 ft
5
5ft
14%.
1
.
>Jan
8
98
25%
21%
American
Mar
17
.'
5
39 ft Jan y
Feb
6
9
26ft Jan 12
62% Jan
46% Jan
140
119% Jan
50%
May
9
9
6
110ft
5% May
Jan
34ft Jan
151
14
Jan
Jan
2
60 ft Jan
May
,
5
9
12
98
25%
21ft
Mar 18
Dec
25 Ya May
23ft Jun
4
Jan
12y«Jan
101
60 ft
'H
*47
69% Jan
31
9
97%
1
American Tel A
139
Mar
j
*
1
.50
68 ft Jan
July
40
May
May
*38
153 ya Jan
172
Dec
Jan
10
Mar 16
46% Feb
47 ft
7%
147% Mar 17
Dec
29 Vt
7%
2
129
: Jan
6
19% Jan 12
Oct
70 ya
;
2%
67 ft
—100 *
1—5
No par t»
Amer Ship Building Co
No par
Am Smelt A Refg common..No par t.
7%
preferred
—100
American Snuff common
25 ;
6% non-cum preferred
-—100
American Steel Foundries—No par
American Stores
—.—No par
American Stove Co—
—No par
American Sugar Refg common—100 •
1%
preferred
——100
American Sumatra Tobacco
5 -
48 ft May
142
Dec
Jun
5 *
Feb
38 Va Feb
149%
Jan
16%
42 ft
Oct
17
32 ft
34%
10%
' Jan 27*.
37ft
Jun
18 ft
11
176
25% Feb
Jun
2 Vb
67 ft
*58 ft
700
8,800
97%
■: io%
6%
9 -
<
109 ft
f
May
9% Aug /'
15 ft May
*2
Co...
35 ft
34%
10%
85ft.Jan. 9
12 ft Feb
16 ft
*66
preferred
100
Amer Machine ft Metals——No par
American Metals Co Ltd com.No par
"•
95 ft Jan 42
Feb
165
SS
34%
*25%
10%
3.90%
8
Feb
16%
7ft
300
.90
34 ft
s
C Mar 10;
17
99:
Nov
33
2
5ft
14%
No par
No par
-No par
Products
Amer Mach A Fdy
2 v.
.14
186
Dec
101% Nov
: .Jan
8% Jan
117ft
.
11% May
Dec
28 ft Jan
132
5%
14%
*16 ft
40c
*
35 ft
34%
3,100
:
>
*5y«
♦14ft
I;
v
7-
129 ft
Dec
Jun
8 ft: Jan •
:
t '■
34%
106 ft
*87
90
*87
10%
7ft
Mar 10
11.
24 ft Mar
Feb
85
*87
10%
American
2
5
90
11
•
Jan
*87
90
*87
16%
17
95
*
20
17
16%
16%
*8*0
12
9
125ft Mar
July
14%
'
10
Inc
$per share
share
Mar
'
79 V* Feb
32 ft July v
.
Dec
76ft Dec
$ per
16
Jan
15%
Dec
35
19%
106Va
45 ft
common
non-cum
V'kv.
28%' Sep
101
*25% May
-
19%
♦105 ft
American Investment Co of 111
Range since Jan. 1
Highest
$ per share
Jun
62
19%
106 ft
*10%
6ft
Lowest
Highest
Dec
68 ft
*19%
♦105ft
preferred
Home
900
19%
106 ft
American International Corp_No par
8
22ft Jan
conv
500
20
20
19%
'
13
12'
6ft
93
*105 ft
Hide it Leather com
5
1,400
2,200
'
19%
American
Jai\
24% Jan
Feb
116
Lowest
7%
93
39
38%
91%
106 ft
5
7% Jan
53
Year 1947
26ft
38 ft
91%
19%
No par
preferred
11
Oct
30%
Dec
90
38
91%
*105ft
44ft
Hawaiian
Range for Previous
/
37%
91%
19 ft
American
13
174
37ft
106 ft
,1
10
Nov
13
14 ft
$6
174
174
171ft
38
37 ft
*88
19 ft
12
Feb
Jan
106 ft Mar
May
*116%
♦172 ft
172
172-
91%
Xl71 ft
♦105ft
Jan
5ft Feb
50
Jan
10ft
Apr
61ft
5,500
91%
77% Jan
20% Feb
Oct
Jun
55
x34 Ya
May
135
80 ft
38 ft
20 '
$7 2nd preferred A
62
79 ft
173 ft
Foreign Power com__No par
8
116
79%
38 ft
com..
Export Lines
8% Jan
21
79 ft
173
*
4
34
79 ft
*90 ft
Encaustic Tiling
6% Mar
18% May
I
79
;
Feb
136 ft
79 ft
79
34%
25ft
9% May
i
12,200
79%
25%
Dec
32
4ft
79 ft
173 ft
173
100
$7 preferred
34
4%
79 ft
79 ft
98
9
<
4%
34%
2
5% May
-
4ft
25 ft
2ft Jan
170
4ft
97 ft
89 ft Jan
40
900
4
25 ft
3
4
104
4%
98
5
20
4,800
108ft
34%
65 ft Mar
Mar
X104
105
105
105%
50
36%
x35ft
4%
25 ft
Feb
22% July
!
105 ft
37
36 ft
800
600
*105 ft
91ft
American European Secur
Amer Hi
19%
63 ft
10 ft
;
■
4%
38%
com
American
American
ft
19
107ft
97%
Jan
85
10
4ft
,34%
6ft
8%
*62
10%
ft
3,200
10
31
2
64%
107 ft
10
115ft
127
03 Va
*9
38
36 ft
91ft
Co
Dec
7%
38 Va
preferred series A.100
Distilling
Dec
80
62
9%
900
52,300
No par
Sugar
2
per
37%
•38 ft
Co
86
18 Va
19%
63%
19%
1,000
~
9ft
100
15
17 ft Jan
45
9ft
19%
9%
38'%
No par
Inc
Cyanamid Co
conv
American
12
92
*43%
65
19%
*63 ft
9%
90 ft
43
43
4%
4
25
prior preferred.
3ftft
Jan
30ft Jan
Crystal
.
I
60'/a
65
*9 ft
10%
61
19 ft
19 ft
*63 ft
92
*90%
91
2,300
2,500
No par
Colortype
14 ft Mar 16
102
3/.
*89 ft 1
38 ft
38 %
108
•105
1
Chicle Co
4
17 ft July
12
*0
10%
38 ft
100 "
Cable
Feb
Jun
90
♦9%
No par
com
preferred
conv
16
3% May
fi
65
61
100
16ft Feb
13
49
20 ft
*63 ft
__100
Chain &
5ft
Feb
Dec
74 ft
*19 ft
65
<
'
preferred
'
37
20
•63ft
1
preferred
7ft
24'
•
Dec '
7ft
•Lift
common
22ft Jan
43
61
10
50
common.,
American Car & Fdry com
9
21
8%
'
•60 ft
Radio Corp
Can
eft
100'
preferred
conv
106 Va Jan
Feb
25 ft May
v:
1
common
50
"
Dec
101 ft
89 ft
43%
5
Aug
:26ft
92%
43%
28
56
Sep
7ft
8
43% Jan
8
18ft Mar
'Feb
Oct ♦.
19
Mar
91ft
43
104ft Jan
Feb
110
105% July *
175ft Jan
100 Va Jan
37 ft Mar 16
115ft
May -
94
50
:
200
5ft
47
90
preferred
conv
48
27
47
46
46
ft
5ft
5 ft
5ft
5%
*26
27
♦26ft
27
*5
♦42
43
Bosch Corp
Amer Brake Shoe Co
Dec
*26 ft
5ft
90
American
9
v
*46
26 ft
26 Mi
•46
preferred
3 "ft May
107%
50 '
1
Corp____No par
American Bank Note
12
42ft Jan
x35 ft Mar 19
cum
5ft
Chemical_No par
Petroleum
Agricultural
3ftft
,
•26 ft
com___l
Co
preferred
American Airlines
Jan
i
convertible
Amerada
9
77ft
Dec
May
36
52
31
20 ft May
65 ft
20
Mar 11
No par
Leather
y4
'
330
3,400
18,600
100
200
7,000
64
•'
33%
25,900
37
2,190
28'/a
1,500
*23 ft
29
*99 Vs
102
48
47 ft
47
ft
48 ft
48 ft
500
21M,
22
22 M»
21ft
22 ft
11,900
8'/a
9ft
9ft
500
29
102'/a
8
8ft
v
*99y4
102
10
THE COMMERCIAL
(1266)
14
RECORD
STOCK
YORK
NEW
Monday, March 22,
1943
CHRONICLE
FINANCIAL
&
-:y
#>!* i.' >;'
Ran re
NEW
Range since Jan. 1 Highest
Tear 1941
Lowest
Lowest
Highest
share
$ per
S per there
there
8 per
STOCK
YORK
,
shore
■
3%
30
Jun
Apr
9% May
Dec
103
Jan
5
A P
14
34% Jan
2
Archer-Daniels-Midland
11% Mar 16
14% Jan
8
Armour
6% Teb
39%
4% Mar
Oct
2S% Feb
15% Oct
38 %
Jun
55
Jan
Dec
110
Feb
41% Feb
Sep
19
Jan
10% May
13% Dec
17%
Feb
132%
Feb
Feb
Dec
134
Feb
94
Dec
34
Sep
26
Jan
66
May
99
Jan
*98
Dec
112
10 % May
40% May
2314 Jun
62
Jan
31 %
18%
59
Feb
Feb
96
Mar
Feb
14% Feb
Feb
17
97%
97%
96%
97%
14%
15
15%
15%
par*
2
Feb
9
Feb
11
Feb
13
64
Jan
Mar 15
114
Jan
9
44
24% Jan
20
Atlas
Apr
73
July
55
Dec
121
July
Jan
107
97
5% Mar 12
Feb
Dec
18%
17%
Dec
29%
Jan
13% Mar
15%
Dec
27%
Jan
4% May
Dec
7%
Feb
4% Feb
Feb
35% Jan
13
6
2
Jan 26
9
13% Feb
19
5% Jan
29
22
38% Mar
Nichols
prior pfd 4 $1.29 >
36* par
5c
c«_,
Automatic Canteen Co of
Atco
$225
Babbitt
JK»p*r
15%
45%
45%
46
38%
38%
.33
78%
74
46
75
30
31%
31
105
106
'105
13
200
3,000
97
*27
27%
140
30
94
96%
96%
15%
15%
15 Ya
46%
47
•
146
'
39%
34%
14,700
2,400
2.600
1,200
37
60%
94%
95%
20%
61
60%
60%
•104
107
22
*20
22
5%
6%
20%
1,700
60%
430
60%
107
*104
22
*5%
6
13
13
13%
13%
17
16%
17
13
70
22
6
13
430
107
*19%
6%
"
14
140
95%
20%
*19%
13%
*13%
13%
*13%
8,000
106%
*95%
61%
*104
6
*5%
5%
•»
*60%
107
200
32%
106"
95*%
20 •
*19%
14
16%
13
800
y
13
16%
*16
5%
36%
4%
36%
5
5%
37%
.400
2,100
-
.
13%
14%
16%
1,700
-
78%
.
20%
?5%
20 %
'
31%
106
95%
*104%
74
31%
106
20%
*20
'
74
~
*35%
700
,
96%
97%
30%
30 %
106
*105
22
*5%
5%
30
30%
107
*19%
22
*74
105
95%
T
61%
61
107
108%
14%
5
pcererredL
csa*
96
15%
,
"100
13%
,
13%.
*14
16%
Mfg Carp tTSce*
8
98
15%
39
61
•13
97%
15%
27%
.
■
103
*95
96%
75
95%
5%
96%
520
1,030
,
14%
13%
97
15
20%
No par
common
*95
94%
45%
95%
61
1,600
93%
103
27.%
37%
*20%
•19%
49
108%
•12%
13%
96%
.
95%
•106%
48%
93%
103%
95%
78
20%
par
300
;
103
12%
13
94%
46%
20%
par
12%
27%
41
31%
106
11,400
98
*14
95
41
•95%
180
preferred.
Corp
coot
Autocar
31
•1C5
"
■„
92
x27%
28
46%
80
'
-
12%
*97
14
103%
102%
96 %
96 y2
*75-
46%
40%
•73
5
Tack
Cobt
8
•46
•38%
190
Corp
Austin
10
26
No
Atlas Powder
5
Jan
19% Jan
1
RR
Preferred $3.75 series
Atlas
7% Jan 29
16% Mar 15
Feb
Jan
22% Jan
20% Feb 25
13
49
92%
38% Jan
Line
200
<uU
*
93
14
13
102 V2
10
Coast
,
x,
108%
10.%
12%
12%
103%
95%
preferred
ico
Atlantic Refining common
25
4*7
cost preferred series A—190
91
13 %
102 %
94
non-com
20
Aug
26% July
12 %
*
103
94%
Atl G & W I SS Lines comm#n—1
105
*12%
*12%
12%
13%
13%
101%
27%
Atlantic
Dec
12%
*14
14%
*93%
1
91
14%
28
5
107% Jan 13
14%
*14
12
29
.
12%
12%
13%
104
108 %
96
2
9
13%
93
103
28
Inc
5*
•12%
•102
92%
108%
*"
.
48
93
92%
107%
y.
97
48
93
92%
108%
*13%
14%
47%
47%
47 %
47
47%
■ ■
92%
108
100
preferred
non-cum
F
•14
*47
47%
92%
108
•
.
Shares
4%
' 29
\
11% ;ul2
97
4%
,
29
11%
the Week
$ per share
4%
*4%
*28%
97
*96%
96%
*96%
95
78% Mar
21
36 la
T
•92%
11%
"
47% Mar
Feb
12%
A
•47
•107%
11%
96%
96%
96%
11%
95
Topeka ft Santa Fe com—100
5#
2
96%
11 %
11%
11%
28%
28%
94%
6
Feb
5% May
Jan
50% Jan
24
30
27%
Atch
11%
4%
29
Sales for
Mar. 19
S per share
28%
*4
4 %
*4
29
Friday
Mar. 18
Mar. 17
$ per share
4 %
*29
Thursday
Wednesday
share
29%
4%
4%
29%
•27%
22
102
57
5
*4%
•29
•93%
10
Jan
45
Dec
22% Mar
Associates Investment Co
5
17
25% Jan
Mar
113% Sep
111 %
No par
12
9
101% Jan 12
3
Nov
21% May
40
preferred
12
Jan
97% Jan
11
105
Apr
5
com
28% Jan
11
Feb
Illinois
68
34% Feb
77
No par
1c2% Jan
15% Jan
5
84
Co of
ft
5
Inc
Armstrong Cork Co com
No par
*3.75
preferred
No par
$4 cum preferred conv
No par
Arnold
Constable
Corp
5
Arcloom Corp.
No par
Associated Dry Goods common—l
6*7
1st preferred
100
7*»
2d preferred
—,
100
15% Jan 29
Mar 12
25
5
108
16
99
5
14% Feb
5
12% Mar 16
100
W Products. Co
$6 cone prior
108% Mar 15
2
12% Mar 12
Feb
20%
Dec
99
Feb
9
94% Jen
29
14
Jan
49% Jun
10
Jan
88
104% Mar
14
106
91% Feb 16
130% Jan
91%
5
3
PRICES
SALE
Mar. 16
$ per
S per share
* per share
par
HIGH
Tuesday
Mar. 15
Mar. 13
■
,
Monday
Saturday
.
EXCHANGE
!-
I per
LOW AND
STOCKS
for Premu
*36%
14
17
5
5%
5
*37
5%
38
13%
*16%
37%
37
-
'
14
,
"
14%
5%
5%
37
-
-
17
163i
U 1,000
5%
*37%
16,000
38
r
■
400
■
B
'
13
Dec
16
May
13% Feb
11
14% Jan
lo
13%
Dec
24% Feb
.12% Feb
27
15% Jan
9
BaldWia
Mar 16
13% Jan
2
Baltimore
20% Jan
5
4% rwehrnmi gjre$er?sb
Bangor ft Artonsxijut emnmiti
7% May
16%
10
Feb
Feb
Ilia May
9*4 May
25%
60
Jan
69
4214
Dec
55% Jan
May
28% July
54% Jan
18
15% Feb
Feb
11
13% Feb
16% Feb
10
16% Mar
3
Feb
11
64% Mar
4
60
*42% Mar 15
fB
Cone.
At
©bu>
14%
13%
13%
13%
13
13
13%
12%
10%
10%
10%
10%
10
ew
17%
17%
17%
17%
a®
*15%
<t
5"&
gsreofinttfi
Mif
Barber AssftaJfc Cnrja aiDeteumae*-!®
51% Jan
10
24% Jan
9
4
44% Jan
5
4%£
11
37% Jan
2
Barnsdali
Barker Brothers icmmmrn
45%
Dec
20*4
Apr
Dec
39%
11% Mar 17
Bath
18
Jun
24% Nor
19
Mar 15
23% Jan
2
35%
Dec
62
31
Feb
33
7
Bea trice
3#
•42%
83%
Dec
17%
Dec
96%
Dec'
38
31
Dec
19% Feb
110%
Jan
85
20% Aug
108%
21%
90
Jan
29
Dec
40
Feb
30%
Jun
39% Mar
12% May
10% May
16% May
95
Dec
28
May
17%
Sep
21% May
24
13
Feb
Jan
90
2
ps*$en«d
Iron
Jan
8
18% Feb
Mar 18
9
9
Beck
Jan
3% At
cum
Shoe
S*
<A
11% Mar 19
Beech
Aircraft
33
Jan 12
Beech
Creek
5
37
Jan
5
4% 7/
14% Fe b
16
16% Jan
11
18% Mar 17
Bell
24% Jan
Bell
18% Mar 16
93% Mar 16
5
2
Aircraft Corp
Howell Co
Jan
6
14
26% Jan
9
Best
ft.
19%
Apr
32% Oct
25
Feb
17
31
9
Best
30% Feb
27
133%
Dec
150
Jan
46% May
66
Feb
13%
18% Jan
24% Jan
5
87% Marl©
Cum
■
Jan
Jan 30
35
Mar 16
137% Jan
53% Jan 23
9
62% Jan
8
14% Jan
28
14
pfd 83.23
25
May
12% Mav
S per
36
*20%
Bigelow-Sanford
Birmingham
Jan
7
15% Jan
9
5
Bliss
77% Maris
96
Jan
12
45%
Dec
67
Jan
41% Mar
51
Jan
19
26% Jan
5
35% Feb
20% Mar
49% Jan
38
2
4
Feb
24
41% Jan
17
54% Jan
5
55
Oct
42% Feb
11
102
Sep
88
Jan
2
Feb
2
6%
Feb
3% Mar 16
4% Jan
5
33% Mar IS
36% Feb
6
32
May
39 %
Fe b
7
Dec
13%
Feb
81
Dec
96
Jan
7% Jan
63
91
8
9
Mar 12
71
Mar 19
Feb
10
Feb
9% Max 16
11% Feb
2
Mar
40% Feb
*27% Mar 17
33% Jan
9
23% May
30% Not
31% Feb
25% Mar 16
25% Jan
2
63
28% Mar 10
37
6
Dec
-13% May
120
Jan
9
May
69
Dec
25% May
80
Dec
14% May
Jan
109% Apr
28% Feb
93% Feb
5
15% Mar 16
Jan
27
Feb
26
Jan
96% Jan 30
18% Jan
32
Jan
9
14
Apr
90% Feb
13
94
Feb
5
27% Feb
17% Feb
16
21% Jan
5
20% Not
125
16% Feb
11
122% Jan
Dec
14% Feb
86%
Carpet
Electric
6
8
Feb
Feb
20
63% Mar 17
37% Not
*32% Feb
102% Apr
23% Feb
83
Jan
15% Mar
13
6
8
19% Jan
124
Mar
10% Jan
74
5
3
5
IE
Boha
york
W>
Co
1
Laughlin
Bon
Co class
Ami
Class
ft
B
A.
_no par
.No par
-
Borden
Co
tThe)
Borg-Wamer
3%*$
1
cam
15
Corp
5
common
preferred—.
100
Boston ft Maine RR 4 assented 1L10O
Bower Roller
Bearing Co
5
Branifl
Airways lac
230
Brewing Corp of America.
Bridgeport Brass Co
Briggs Manufacturing
Brlggs ft St rat tor.
Bristol-Myers Co common
31«4
—15
104% Feb
S3
_
16% Oct
10
Jan
24% Feb
79
Dec
3
Dec
13% May
Brown
M% May
13
May
24% Apr
6
104
Mar 16
9% Mar 16
78
Mar 12
3% Mar 17
-
18
Mar 17
14% Jan
2
10% Jan
IS
86
Jan 30
12% Jan
89
Jaa
3% Jan
20% Jan
5
9
7
9
104
Feb
3
11
28
Jan
3
34% Dee
8-b Feb
34% Oct
12% May
17% Feb
Dec
13
15
6% May
21% May
9% May
6
23% Feb
3% Feb
IS
9
93% Jan
Dec
Dec
13
Jan
Jan
Dec
Dec
Jan
88
88
*55
132
Jan
27% Mar IT
33% Jan
52
83 60
5
2% Jan
2
2
6% Feb
11
7% Jan
2
14% Feb
11
30% Jan
5
13% Jan
16
Feb
108% Jan
13
48% Feb
38% Feb
11
15
Feb
115% Jan
41
Mar
9
2
S
25% Feb
14% Maris
18% Jan
6
15% Feb
1*
12% Jan
2
Mar
4
*86
23%
86
23%
23%
23%
24%
24%
86
23%
23 %
*126
129
*85
1,600
y-100
'''1
87y
'''
24
23%
127
125
55
55
*54%
56
55%
55%
56%
1.600
56%
12%
56%
*12%
12%
125
57
127
58
12%
12%
xI2%
12%
12
C
12%
12%
12 la
79
(The)
85
Inc
Co
Co
4%*$
13%
25
2.900
.
1,700
16%
*15%
15%
*16
16%
32%
32%
*32%
34%
*32%
34%
*32%
34%
10
26%
26%
27%
26%
26%
26%
27%
27%
27%
27%
28%
38.200
29%
29%
29%
29%
30%
29
29%
29%
29%
*29 %
31%
2.200
79
*
79
""33%
77 %
78 %
77%
77%
78
78%
45%
44%
44%
43
44%
43
43
20%
26%
20%
20%
20%
20%
20%
20%
38%
38%
38%
38%
47%
47 %
*46%
47%
*90
90
*96
3%
33%
8%
*58
92
v
3%
3%
34
8%
46%
3%
8%
*48
38%
65
3%
*48
8%~
65
*48
380
3.700
38%
38%
4,100
48
47^+
49
5.900
90%
89%
89%
38%
200
3%
*3%
3%
*3%
3%
300
33%
33%
33%
33%
33%
1.000
8%
8%
8%
8%
65
•48
65
5.700
9
*48
61%
1.700
29%
29%
*28%
29
29
*28%
29%
95%
29%
1.000
95%
29%
*94
96%
*93%
96%
*94 %
96%
*94 %
96%
15%
15%
19
*93%
*16%
16%
16%
16%
15%
*27%
28%
*27%
28%
*27%
*90
91%
*90
91%
*90
91%
18%
*18%
19%
*13%
19%
17%
17%
28%
28%
17%
15
5
13%
*17%
95%
18
*122% 125
8%
66
17%
*123
8%
*32%
89
16
\
common
15
-
12%
*7%
•78
10%
Mg
,
*73
5
•3
No par
—No par
Pocking
•15%
♦ID©
•25%
13
10
80
1.66%
6%
*26%
26%
14%
par
112
100
•41
14%
112
42%
13
*123
124
124
*123
124
€5%
33
32%
88
32%
S3
*86
89
*86 %
89%
*86%
16%
16
16%
16
16%
16
30%
30%
30%
30%
16%
17%
16%
17%
85
85
85
85
83
*84
*73
83
85%*
80%
80%
*76
83
83
*78
83
83
-
12%
7*4
80
10%.
26%'
♦7*»
82
12%
12%
7%
*78
7%
80
79
9%
79%
3
16%
*160
12%
7%
*80
1®
9%
12%
7%
82
10
78 ■-
3
2%
17%
16
101%
24%
25%'
*100
I
12%
7%
*80
v
"
79%
17
79%
9%
*78
2%
3
16%
101%
'100
*16%
-.17%
*
*10Q%
26%
*25%
*28%
28%
-28%
28%
54
*52%
54
*52%
54
1%
2
6.600
7%
7.100
28%
27%
53%
*52%
1%
1%
6%
1%
6%
*1%
1%
6%
6%
6%
6%
26%
26%
13%
13%
*41
42%
25%
13%
14
•41
42%
30
26%
28%
*25%
1%
25
1.400
18
17%
25%
53%
111% 112
1.600
3%
3%
<
30
80
«
24%
23%
14%
80
101%
1%
112
1,700
5,300
10%
*78
17%
52%
14
4.3O0
62
101%
29
111%
120
100
*
13
12%
9%
80
1%
26%
8.100
17%
*80
-
52%
26
1,600
7%
:
29
6%
100
4.100
.
83
83
160
500
34%
,
*78
7%
3
84
....
89%
*77%'
"
112%
10
66%
33
17%
r.
"■
82
65%
33
30%
11.800
9
8%
f
16%
31%
3
S%
100
2.600
17
30%
"20
31
8%
31%
"
6%
18
*32.
17%
1%
18%
32%
10®%
29%
17%
3%
17%
54
17%
65%
100%
3%
19%
8%
17%
*28%
10
1,800
28%
65%
80
*25%
2.500
93
*18%
8%
101%
*52%
*28
*91
19%
65%
3
26%
23%
33
*18%
8%
*79
3%
1
preferred—_No
7%
*78
10%
50
-
Zinc-Lead
•-
12%
7%
80
*28
*91
19%
67%
32%
17%
*78
.
28%
85
85
83
*123
4.700
16
92
16%
17
*78
124
15%
8%
'
*78
17%
,
16
*65%
89
31%
84
91%
*19
16
10
33%
*87%
86
*28
9%
8%
33%
16%
17%
*123
16
9%
67%
*66
33%
•87%
124
8%
66
*78
By
7%
21%
10%
pfd—It®
com.
*3%
*33
38
46
25%
31%
17%
Southern Re Co
Canadian Breweries Ltd,
*88%
160
78%
43
20%
25%
*85
Dry Ginger Ale
47%
91
78%
25%
30
preferred—100
Canada
33%
46
78%
44
21
25%
30
16%
Co
400
25 %
•25%
31%
:
20%
38%
*88%
33%
8%
78%
*43
47
47%
90%
33%
34
8%
65
38%
*89
3%
*33
5
..."
15%
"
*44%
,100
2nd
Pacific
16
*25%
Bidg 7*5- preferred—1®0
cone
13%
23%
15%
Calumet ft 8tcl» Cess#
copper
Campbell W ft c F«ty_
.No par
$4.25
300
29%
13%
24
25%
Inc
preferred
Can
15
*28%"
*13%
*23%
26
participating preferred—18®
Callahan
xl5
34
28%
13%
23
34%
1
preferred
California
15*4
.
26
2 50
No par
Co
J action
15%
'
28%
13%
23
-
26
No par
No par
common
Copper ft Ztne
Byer* Co <A Ml ceauaen
7%
28%
13%
22%
Shares
share
28%
Butte
Byre®
*28
13%
22%
$ per
for
the Week
Mar. 19
t ver share
9%
100
Terminal
Bros
28%
13%
24%
Sales
Friday
Mar. 18
Sper share
28%
preferred
iqq
Burroughs Adding Machine. .No par
Bush Term
28%
800 y
28%
preferred
cone
28%
.
800
1,600
28
3%<&
Bush
13%
23%
—No par
Watch
Butler
28%
13%
24%
;;
;
28
common——
Co
3%%
28%
13%
24%
r 128
128
Thursday
Mar. 17
S per share
share
128
PRICES
Wednesday
Mar. 16
128
9%
—No par
Nsag E Oorp 3.80 7
47
*28%
$ per
SALE
Tuesday
Mar. 15
128%
*27%
common
preferred
Forge Co
Bollard
$ per share
HIGH
127
9%
preferred
Budd
Monday
-
200
preferred
Bncyras-Erie
53% Feb 18
Jan
1% Mar 12
24
87
28%
Brunssrick-Balke-CoLendef _Nopar
Buff
27% Oct
1%
38
2
10
7% Mar 16
Feb
51%
110
Mar
24
*85
24
No par
Unjos Gas
Shoe Co
4
89% Jan
79
106% Jan
22% Oct
-24
87
24
6,500
9%.
preferred
Brooklyn
Feb
81% Feb
12% Feb
Dec
S3
24%
24
*85
39.3U0
28%
Buffalo
79% Feb 26
Mar
Dec
24%
10
30%
18 V2
28%
Bukrra
Jun
24%
87
*24
-
9%
Burlington Mills Corp common—1
May
24
87
24%
*85
95%
29%
17%
*93%
•
18%
28%
S
6
24%
*24
95%
30
•>
9%
6
11
18
28%
21% Jan
72
29%
17%
9%
35% Jaa
12% May
*93%
29%
17%
28%
14
95% Jan
95%
28%
18
300
No par
16% Mar 16
100
*93%
28%
2,000
No par
29% Feb
Dec
93%
27%
500
18%
:
29%
Brass.
22%
Jun
93%
*17%
18%"
*18
26%
38% Feb
May
'
.30
*15%
May
84
800
15%
^
*32%
Brothers.
May
80
'
-
,
18%
Mar. 13
14
Feb
19
,,,
28%
Saturday
Bond Stores Inc.—
2
7-
18% (18%*13
18%
LOW AND
stock
1
Aluminum
14
Jan
.'■*
19
28%
57%
Boeing Airplane Co.
Jan
18
18%
19
*12%
Black ft Decker Mfg Co....,., ...No par
Co
No par
36% Jan
85
18%
28%-
No par
26
80
*18%
18%
No par
Co
Blaw-Knox
29% Jan
Jan
20%
y
Par
11
116
36%
.
....
18%
94%
*93
14%
2,900
11
Dec
106%
1
■
94%
18
18%
28%
exchange
89
18%
ser of 1946.No par
*93
18
19%
19%
14%
*
18%
*18
18%
19%
14%
1
30,900
Bliss ft
Dec
14%
11,900
r
28%
Bloemingdale
25% Jun
14%
y
32%
7
95
15
35%
31 %
5
Dec
*14%
11%
32
35%
-
27%
27% Mar 17
15%
15 %
11
32
35%
27%
17% Jan
Dec
*14%
11%
.32%
37
90
15%
*32
31%
32% Mar 15
Dec
32
*35
10%
10%
i
10
27%
21% Feb
9%
11%
32
34%
10
120
90
31%
24% Oct
30
11
34%
10%
*88
27%
NEW
33% Jan 30
90
1,400
30%
Feb
.
90
16%
27%
Feb
27% Mar 19
91
*86
300
88
16%
28
22% Mar 16
Feb
*86
16%
31%
41% Juiy
3% May
91
88
16%
30%
28% May
14% May
37% May
Dec
•86
*Sb
16%
27%
15
88%
16%
91
*88
*85%
16%
28
28
Jan
87
86%
*16%
1,700
31%
*13
10
33%
28
Feb
11
33%
:■!
3iJ2
Jan
Feb
33%
34%
-5
f per there
31
33%
;
7.600
vd
31%
Highest
S per sk&re
34%
16%
16%
stocks
share
i9%
28%
Range since Jaa. 1
La west
11%
19%
31%
18% Dec
May
38% May
86
11%
19
*33%
♦
>
5,200
.
23%
May
25
87
35%
11%
19
35
34%
1
14
59
*86%
16%
*19%
.
35% Not
Not
$7
*33%
t
700
y
Bethlehem Steel (Del* aewcom No par
7*
preferred
100
18% May
29%
35
11%
19%
31%
.19®
Co.....
Range far Previaus
tper there
*34
*17%
Foods
20
36
11%
19%
:
34%
34%
cemwast.
preferred
23% Feb
19
15%
Ariation.
23% Jan
11
19
1
"3
100
3412
34%
Bendix
80
10%
19%
20%
39
34%
*29%
Bendix Borne Appliances
33 %c
Beneficial Indus Loan com—No par
Feb
11%
19
90
800
300
1?
34 ;
11
'
5,000
44
20%
31%
2
Jan
10%
"
*36
38
35%
8
Jan
11%
%
62
44
21
10%
3
35%
34%
17
-
*34%
Jan
Highest
x20%
*37 y
38
*29%
21% Jan
Tear 1947
21%
10%
94% Feb
103%
33%
35
-
35
31
Dec
35%
35
38
r,-jV
31%
11
Dec
3C
43
*29%
11
4%*V
33.
16%
15%. *15%
62
v
5.400
15,300 ■;'■■■
'
ft
24%
Lowest
*20%
21%
42%
r;
■
10%
62
*34%
Feb
Feb
43
600
13 %
y-..i 10%
-
15%
62
JL9
16% Feb
12
42 %
,:
s
16%
*15
13%
12%
10%
16%
15%
62
133i
13
S*
26
125
*
60
40
34%
Carp
RR.
39% Feb
28%
16%
*15
,
13 %
■X
91
25%
Not
^ 20%
10%
*58
—
77%
Dec
jtfi.
Packing Co
Belding-Hcminsray
15% Feb
Jan
21%
*38
16%
Beech-Nut
24%
21%
21% :
43
40
*3$
*85%
Lac.
2
106% Aug
*42%
*34
rwnnnnr..
COET
11
Jan
42%
13%
Co
Mills..
Feo
13%
*42%
11
5
—
Works
8% Jan
18% Oct
2»«
Co
Foods
Beaunit
10O
OS
32% Feb
30
44
10%
16
17%
15%
J 2%
10
60
60
13%
12%
'
16% Mar 10
Feb
12
Feb
8% Feb
Jan
5% May
Mar
62
13%
12%
10%
16 :
*61
*13%
14
-12%
*14%
15%
15 %
16
62%
Bayuk Cigars lac_
8%
»
•14
*12%
2nr_
Utrmiwzw
16
20% Mar
Th
*25%
13%
111%
*41
26
14
111%
1.000
1,200
-
111
111 %
6%
„
.
20
~
900
26%
.
27
13%
13%
3.400
112%
450
*110%
Re par
15%
15%
14%
14%
42%
*41
42%
10%
14%
*41
10%
14%
42%
25
10%
10%
1®
14%
14%
13%
*14%
15%
•15
15%
1.000
10
10%
10%
1G%
10%
34.400
10%
167 : Number -4683
Volume
THE COMMERCIAL
&
FINANCIAL CHRONICLE
(1267)
15
NEW YORK STOCK RECORD
Range for Previous
Year 1947
$ per
share
$ per
i
18
Jan
27% Jan
2
32% Mar
4
41% Jan
Oct
1.4
Mar 16
17 % Jan
Oct
36
Mar 16
43% Jan
Feb
6 % Mar
1
35% Mar
9
130
Feb
5
53
Feb
26
Dec
22
Feb
13
Jan
Apr
97
Feb
10
123
32%
21%
Dec j
Feb
22%
Dec
Dec
Dec
11
28
17% Feb
102
79
Apr
12 %
Jan
Dec
16%
Octs
Dec
:
.
19% May
;
10%.May
23
Dec
3%
7%
Feb
Certain-teed
33
Jan
22
14
16
5
9
Jan
9
29
•
5% Jan
14
9% Jan
14
2
6%
•:. i3%
16
"'
.
Feb
Feb
Feb
! 56
14
8
,
i
9%
31% Feb 14,
14% Mar 9
Jan
11.
40
Jan
9
11.
33V4 Jan
2
50
July
Mar 11
54% Jan
15%
Ffeb
12 % Jan
12
Feb
14% Feb
11
I7V4 Jan
12
7% Mar
3% .Feb
10
4% Jan
-
7
8
.
y
6.
42% Mar
31
-Feb
18
35
Jan
66%
52% Feb
11
63% Jan
Nov
29%
Jan
23% Feb
25% Jan
4
Feb
x94% Mar 11
28
Feb
20% Mar 13
37% May
27% May
48%
Jan
36% Jan
34%
Nov
28% Mar
9
32
Jan
7
11%
Feb
7% Mar
9
10
Jan
2
78
Dec
94
Mar
78
Jan
20.
22 % Jan
96
2
Jan
-
6
Jan
8'0
4%
20%
Feb
15% Jan
6
19 >A Jan
Nov
27% Mar 18
33% Jan
10
85
Jun
95
Jan
Jan
29
34 Y»
Nov
43%
JUn
34% Feb
10
Dec
115%
Feb
105% Jan
6
Jun
8b
35% July
106
Nov
109
71
Dec
101
42%
Dec
57
Jan
85
24
Dec
Jan
72
Jan
140
89
Dec
-
;
preferred
5%
7Vs Mar
:
141
Feb
*25
65%
May
May
Dec
1155
56
>
153
-
Feb
—_
45% Jan
Jan
37% Feb
ll
88% Feb
9
94
19% Mar 17
25
Feb
16
17% Feb
-171/4 -:Feb
11
Feb
Feb
6%
/ ■,(>■;. 6?4
15%
143/4
9
///v.,
4%
Feb
12
Feb
32%
Jan
Jan
22 Vs Feb
11
12%
Oct
10% Feb
Jan
7
v
2
10
2
7
13
38%
*
,
36.
9
•4%
9
4%
25% Jan
87
21
11% Jan
2
12% Jan
66% Jan
28% Feb
27
35 % Feb
90
Jan
20
2 % Feb
Jan
96% Jan
25% Feb
14
14%
Jan
33%
Ndv
30
35% JFtb
,
21
Nov
7
.
'
11% May
10% Dec
40% May
17
May
12% May
10% July
30
Dec
99%
94%
Dec
Dec
9
May
44
May
6% May
35
Apr
14% May
12% Apr
43
May
,
' Mar
Jan
9
5
8
8
.2
32% Mar 15
31
Feb
3
5% Mar 19
23% Jan
5
11
5
105
10
Feb
18
15% Feb
•9Y4. Mar
3,
11
Jan
6
2
54%
Jan
43% Mar 18
51
Jan
2.
30
Jan
19% Feb 11
25% Jan
20%
Feb
'
•
19% Feb
11'
Feb
24
12
Feb
38%
100% Jan
35% Feb
104% July
20%
f
35% Jan
11
48'
Feb
94% Feb 10
10% Mar 17
106% Apr
44% Feb
.85
110% July
13% Feb
93
Mar
10
Feb
55%
Dec
Mar 19
16
Jan
12
105
2
Feb
,
Jan
16
32% Feb 27,
Feb
42% Jah
,
S&
13% Jan
17
Jan
14
90
Feb
11
30% Feb
5
243/4 Mar 19
3
98
10
48% Mar 17
Jan
11% Jan
55
Jan
12%
Feb
Feb
27
8% Jan
Dec
46% Feb
11
54% Jan
Feb
14
27%
Oct
Deo
6
i9%Mar
i-T
9
x49% Mar 17
*
Mar 16
►
Jf*,
17
Jan
24% Jan
53
,
5 Jan 14 '
55%
19'
55
19
15
14
20
114% Feb
'
17% Jan
11% Mar 16,
17% Mar
'
26
25%
19 %
193/4
94%
94'.4
*93/4
10%
*25 %
19%
*93
'
400
19%
2,400
96
9%
26
800
0,900
5,700
*25>A
50
10%
1,100
26
200
26
40?4
39%
40%
39%
40 3A
86
86
86
853A
86
43,i
4%
4%
4?/4
18,300
80Q
8%
8%
10 Vs
9
8%
9%
10%
4%
2,400
6%
9%
9
10%
10%
*63A
3,500
10%
15,000
6%
2,600
5,400
6%
6%
6 %
14%
14%
14%
8%
8%
m
8%
4%
4%
4%
7%
7%
.7%
34%
14%
35^/4
34%
15%
15
357/*
35%
35%
28 Va
*49
51
60
50
27%
283/g
28%
293%
50%
28 3%
60%
29%
50
51%
50%
51 'A
*11
11%
*15%
16%
6%
/
6?4
15
14%
,
4%
4%
7 3/4
8
8%
1,700
4%
4%
7%
4%
;
15
8%
8%
i
:
14%
•:
'
8%
8»/a
...
36
35%
:
:
•
15%
'
36
30%
51%
*50
51%
29
29%
29
20%
28
51%
5134
51
51%
50
50 3/4
ll3/4
*11
11%
*11
11%
17
*15%
*11
,
30%
.
x28
*49
/
a
."
;
■
35%
35%
■'
8
1,100
9,800
12,300
4,700
2,200
•:i
1,700
353/4
34%
15
35%
15 3A
15%
15%
35%
35 '/a
36 V,''.
353A
36
29
.
29%
293/4
29%
30%
*49
49 3A
*11
17
-3%
100
16,300
4,000
-
11%
*15%
11
11
15%
*15
3%
v
.
/ 4%
16%
17
16%
4%
3%
,
54%
:
43A
38
32
32
32
32
55%
*32
f
4%
54%
55%
53%
54%
i.3%
,
*31
4
34
*37/e
•:
4
i
*31
t
54%
53%
16%
*15 %
"A..
4
34
54"%
:
100
*32
54%
55%
:.
400
5,800
30
35
58
21,700
20%
*39%
:
40%
*29%
24%
*91
20 %
20%
39% »40%
/*.!
734
38%
39%
29%
29%
30
30
7%
*7%
*7%
-
243/a
99%
39
39%
29%
7%;
24V«
99 %
20%
29%
*7%
8
2434
*94»/0
96%
20 Vu
*94
20%
20%
20%
203/4
243A
1,400
4,400
5,100
39'A
39%
39
40
29
29
29
29
800
8
8
300
/ i-7%
7%
*77
81%
*73%
*
*77
16%
16%
/ '
*160
190
'
.
*160
85
>82
,/B5
*139
*82
*169
65
37%
38%
377/a
107%
*108%
109
!
26%
26%
26%
*106%
ioa%
75
*106%
108%
*106V2
108%
46%
*45%
-
*44%
*2yV4
30%
*30
7%
30
30
7%
7%
31%
30%
.
,
31%
140
'140
/,
84
84
J
xl39
143/s
7%
31%
7%
30%
/ 139
*137
85
27%
11.200
27%
*106%
108%
108%
110
109
1,100
75
73%
73%
46%
453A
453A
10
143/4
163/a
16%
17%
16,800
30
30
30
30
*45
75
14%
1,300
1,300
38%
27
*106%
46%
15
38
16 Va
29%
190
108%
*73
*73
*45
46%
14%
*82
81%
109
27
75
,<
14%
14%
;.v.
*73
(
85
38
*108%
26 3/4
*73
29
*169
190
38
107%
*16'A
28 ya
•*82
38
109
27%
46%
14%
30%
•■'/" 14%
273/4,
190
27%
27%
*44%
.
,
16%
*16
28
28
,.190
*82
>106% 108%
75
; *73
16%
*163/s
<29
*160
37%
*107%
37%
109
;'16%
28
190
'
*
81%
*77
81%
16
'
29%
*180
85
*82
16%
16%
*29
29%
*77
81%
*77
81%
•
*29
J
30%
10
139%
600
73/8
7%
2.200
313/4
31%
313/4
2,500
*137
■
734
31
7%
31
139%
*137
139%
240
81%
83
7%
~
83%
*82%
81%
823/4
*81%
LOW AND
Monday
Saturday
;
62%
*
No par
;
*160
165
16%
*1.150
*1553/4
160
62
89
90
89%
420
20s/s
20%
90%
20 y2
89%
19%
20%
20%
3,000
16%
163/4
*16%
163/4
16%
17(4
18
2,300
13%
18%
14%
163/a
11%
17
3,600
12
190
> 123/4
,
.
16
16%
*11%
12%
11%
11%
14
*13
*11%
A
16'4
-16%
12
11'A
11%
13
23%
233/4
23%
*23%
23%
23%
23%
11%
11%
233/4
23%
11%
»
*23%
14
14
14
*13
*12
13
•
12
13
24%
120
13%
13
6,800
25
23%
:
11
Ua/4
233/4
23%
23%
23%
24%
24 %
2,500
1,100
10%
23%
10%
11%
I
*13
*•/
23%
23%
■
/-; 11
*11%
*11%
14
13
14
13%
163/a
h
13%
13%
12%
13%
16%
*12
393/4
*88%
16%
13
13%
16%
13
7,900
38%
89
20%
39
13%
*12
360
40 3A
20
16%
14
400
62
17
*16%
13
157
*1,150
393/4
-
39%
Shares
157
62
'1,150
—
the Week
62
15934
62
Sales for
share
89
38'/a
16%
*12
Friday
$ per
share
90
13%
*13
$ per
20%
20 3/4
20%
16%
613/4
62%
share
39
39%
39
*89
90
20%
*155
160%
*61?4
500
83
Mar. 19
Mar. 18
Mar. 17
$ per
*1.150
*1,150
39%
39%
*89
160
81%
Thursday
Wednesday
$ per share
62
62
62%
1,200 s__
/
Mar. 16
163%
813/4
SALE PRICES
HIGH
Tuesday
V
* per share
$ per share
*160
■
•
Mar. 15
Mar. 13
.No par
.————-2.50
Electric
No par
'
24
23%
*91
99 Ve
20%
20%
30%
*7%
.>
/
24%
99%
*91
99 Ve
20%
24%
24%
24%
24%
*90%
i,
11 Vb
11
11%
11%
11%
27,600
11
11%
11%
11%
113/8
11%
23 *A
24
•
common..No par
preferred w w!_No par
*11%
CO——--Nopar
Columbus -<fc Southern Ohio. Elec//10
Commercinl Credit common—-—10
$3.60 preferred
—10°
Commercial Solvents ..——No par
Commonw'th & South com—No par
$6 preferred series—^---Np par
Commonwealth' Edison Co
-^25
Conde. Nast Publishing Inc—No par
Congoieum-Nairn Inc.——<—No par
Consolidated Cigar—i.-—. .No par
Consolidated Coppermines Gorp—5
Consol Edison of N Y com„Napar
$5 preferred—
No par
11%.
12
*41
41%
*95
30%
.
*60
65
?C\
66
*63
*39%
66
30%
39%
*63%
;
12
:
»
30
30
30%
39%
39%
38 3/4
4l3/fl
39%
94%
95
23
65
*63
*63
38*A
39 %
39%
39%
39%
40%
40%
41
41
41
'
96
22%
2%
97%
2%
97%
26%
26 %
8%
26%
9
32
30
*29
:
21%
4%
21%
*103%
104%
-*29%
j-
32%
■
4%
4%
21%
104
/
94%
22%
23%
7,700
2%
2 3/a
2%
44,300
97% 4
971/4
97'A
973A
26%
26%
27
83A
9
26%/ 27
9%> 9%
31%
32
97%
98
97%
26
26%
26%
83/4
*8%
32%
31%
*29
29%
43/,
43/4
32
•
29%
■
.
| *
43%'
313/4
29
21%
104 %
1W%
1^*/B
104
12%
11%
12%
21
9
29
21
21%
2%
313%
43/4
420
94%
23%
23
2%
83/4
3,100
96
22%
2%
9
1,700
2%
95%'
22%
2%
■'
■■■
223/4
95%
22%
-
98%
>.
9
-: 3P/4
:
2%
263%
22 %
2?/#
98%
95 "
22%
2,100
30%
29%
39%
/'■
1,600
66
v
30
29%
2^/a
383/4
40%
95
65
?»%
39%
41
*62%
*94%
*29
,
,
32
99
32
*29%
30
1,600
9,800
1,400
,
29%
2,300
100
4?4
4%
5%
5Vo
5%
7,500
21%
21%
213/a
21%
213/a
10,900
lU*'/4
104%
104'A
104(4
104 y8
1^100
12%
*12%
12%
93/4
12%
123A
2,300
100
'
'
Dec
95
Mar
103% Feb
.
*
Dec
30%
11
•
Dec
11%
94
21
108% Mar
Dec
32V4 May
103
x28% Jan
Mar 17,
4% Feb
Fqb
29% Feb
104% Nov
10
8% Feb 11
28% Feb 10
29
8
.24%, Jan.
2% Jan
2
Jan
23% May
26
25 %
19%
95
.4%
4%
*50
Pictures
$4.25 cum
95% Mar 17
2
Jan
8% May
14%
26
29%
51%
28%
■
■
Columbian Carbon
41% Mar 11
"Feb 13
4
4.% May
Columbia
7
39 % Mar
,
.36% Jan 23
Feb
33%
Apr
35% Jan
5
Feb
123%
•
14
25%
&%
*30%
Sys Inc cl A—2.50
Class
6
19
26% July
Dec
8'A
25'A
14%
10%
.14
4%
.
■'
<
15%
Southern Ry com.-/100
nbn»e»m 1st preferred—100
non-cum 2nd preferred—160
Columbia Gas &
8
Feb
115%
25%-Nov
'
Feb" 11.
48% Oct
Dec
2.% May
94
10
64
50
May
t
Feb
39% Aug
ZOVs May
GOO
8%
24%
xl4%
9%
11%
8%
14 %
'9%
■
8%
35%
'.;/:/Par
common
Internat -Corp
Columbia Broad
12
24% Jan
)
Mar
86
Dec
36
'
15%
—-No par
'
22%
11%
800
25?4
25%
*85
86%
31
■
'
<
:
-8;
35%
Colorado
9
16% Jan
22% Feb 20
32 y2
Jan
17% Jan
11
Dec
11% Dec
63,
Dec
30% May
11%
*8%
8%
r
6%
4%
1
8%
15%
Colgate-Palmolive-Peet com__No par
$3.50 preferred i——No par
Collins & Aikman——No par
Colonial Mills Inc
-—5
Coio Fuel & Iron Corp com—No par
5% cum conv preferred
,-.---20
2
.
Jan
>
v-l£% Jan
Feb 11
21% Nov
•
11 %
8%
39%
25%
4%
8%
9%
40%
i//
15
8%
35%
,
100
Class A
2
15% Jan'
18
11
10.
•v
25%
4%
7%
24
19 %
93/4
80
7%
8%
*94%
39%
Z 86%
41/
*78
80
140
105'A
11%
*24%
19%
105
0%
1
•
pfdi_!_^l_.^—-_100
Coca-Cdla Co (The)
2
19 ?4 Jan
11
V12.% Feb~'i3:
16 >/a
Apr
/;
share
Coca-Cola
16
J
2nd
EXCHANGE
63% Feb
12% Feb 11
21%
26
.
95
S%
87
•/
;
Vvif;r/v.':
^ STOCKS '
^
:v7///v':/NEW YORK STOCK-'"/.-;, •
'
Jan
183
61% Mar 17
Oct
x
10%
4%
>
7%
$ per
}
11
Oct
May
*9%
*78
23%
25%
18%'
*94%
8%
35%
/
.....2.50
preferred
Feb
•
25%
/
19%
95
10%
31%
140
cum
18
8
26
8%
7%
4 %
22%
'•
26
10%
30%
7 %
20%
9% May
2,700
1,000
.8%
14
8%
:/'• 31%
91% Jan
Aug
May
'
1,800
7%
7
*8%
7%
*11
233/4
13%
4%
1
36% Jan
July
46
18%
7%
14
23%
10%
;/,v-8
Graph Bronze Co
preferred.
142% Jan
16 % May
'8
May
12
83/4
14%
10%
Clopay Corp__^
.—_1
Cluett Peabody & Co .com—Nonpar
0*'
May
105 %
23 %. Dec
18
11%
8%
■
*83/4
Clinton Industries Inc.
9
Feb
Clev
10
Feb
$ per share "
Jan
87
11%
1
8%
40%
*4%
18%
7%
'
•
$ per share
Jun
33
'i
ll3/s
*25
*8%
18%
7%
80
*78
8
T%
24
*86
*27 %
14
Range since Jan, 1
Lowest
/"
Highest
Nov
x61%
1140
80
*78
8%
105%
105%
23%
87
6%
17%
*104%
80
■
.
41
.//15
17%
106%
27
4%
600
106
10%
-
19%
105%
104%
19%
87
19%
8%
*94
4Q%
i.
.100
Machine Co... 10
preferred
81% Mar 18
137
v
Highest
191%
3,000
19%
*8
26 34
*9%
■
May
90
24%
19%.
8%
17%
14
10% Jan
9
30% Mar 16
Year 1947
/ $ per share
200
125%
19%
*19
19%
7%
95
;
*19
18%
:
com—____l
100
Cleve & Pitts RR. Co 7% gtd—50
gtd.
Special gtd 4% stock—-1—50
Climax Molybdenum-!
No par
Jan
Range for Previous
/.'Lowest
125%
24
24%
7%
20
*94
preferred.!:—4.100
non-cum
<$4.50
45% Mar
Mar 12
x29
48% Mar
Dec
125%
24
24
8
14
-
37%
74
14% Mar 15
Feb
91%
1,800
16,700
97
18%
8%
35% Jan
42% Jan 14
154
56
24
97
8%
*11%
*108%
108 % Feb
2
Feb
.,
Dec
D|ec
55%
23%
7%
9%
___.No par
31
5
39% Mar
•; 32 /May
56
97
8
11%
17j/2 Mar
107
Jan
24%
240
23%
125%
126
24
2,900
131
55%
*96
7
*8%.
23
"
34
*125%
300
38%
131
8%
*78
Cleve Elec Illuminating com__No par
2
!
;
24
400
6%
22%
23
97%
*95
135
7%
8%
*19%
...
38% Mar 19
109% Feb
26% Mar 16
Mar
"14%
126
23%
*131
17%
104%
80
)' *25%
v
Corp..iiNopar
City Ice & iHiel——...No par
City Investing Co common.._____.5
5 % %
prefened————100
City Stores —4
5
Clark Equipment Co.
.—20
C C C & St Louis Ry Co corn—-.100
31
34%
27%
37%
7%
*8
105%
*8%
C I T Financial
9
12% May
May
37?4
*17%
?y«
8
14
1.^100
—
Cincinnati Milling
403/« Mar 12
26
23
107
173A
23
Cincinnati Gas& Elec com—.^8.50
111
May
37 >/*
55
23%
99
19
Oil———.,-10
Cotton
Chrysler Corp
2
Dec
8
38
6%
"
21% May
•
18%
*95%
126
54%
54%
23%
,
*125%
19
*11
par
Chile Copper Co—.......—.25
2
96
22
24%
<
iCbildsjN<J
21
Sep
23
15'A
38
6?'4
133
133
'
Oct
14'A
37%
'
ChiOkasha
>
Dec
.
56%
54%
23%
97%
24%
No par
Chicago Pneumat Tool-com—No par
$3 convertible preference_.No par
Chi<j Rock Is & Pac RR Co__No par
COnv preferred series A——100
Chicago Yellow Cab__r———No par
22
32% Feb
52% Mar
54%
23
24
—No par
5% /preferred.........
25% Feb 13
45% Jan 22
11 1 Jan
5
54%
126
14%
*6 3 8
37%
36%
36%
3,000
14%
37 y4
6%
14
131 %
200
'
19% Jan. 12
Feb
35
35%
131%
97%
;
37
33%
*32%
*6%
37%
29
33%
33%
*36%
6%
129
8%
ctmrntibierprmerred—lOO
B__—
14%
36 3A
132
104%
29
*32%
14%
14
6%
*103%
29
36
6%
13i
99
104%
99
*32%
14%
37
133
104
29
33
38
*6%
37
*78
Chiq Milw St-Paul& P vtc._Nopar
Series A preferred v'tie.;-—
100
Chicago & Northwest" oom—No par
36% Mar 11
21
Dec
Class.
5 V
.28% Feb
3%%.
i
14%
*36%
6%
*104%
Chicago Corp (The).:
.1
.J.
__]
.50
Chicago Great West RR Co ComJ.5(
5% 1»ref erfed__.____ii____ii_ .50
Chid Ind & Louis Ry Co cl A—25
Jan 28
9 % Jan
preferred
14%
38
29
32%
8
24
Chic & East 111 RR'Co com..No par
Class.
Class A—
___'4(
..-.'40
5% Jan 16
•
.
/ 34%, Dec
/. 15% Jan
v> 4%. Nov
32
7% Jan
,
/
2.
4»% Mar 16
53%
Jan
10%
:
2
7% Mar 16
27%
Nov
51% May
,
'
Feb
38%
Nov
33%
20%
r
Jan.24
.Jan
14% Feb
23% May
1,100
37
Chesapeake' Corp of Virginia../
5
Chesapeake & Ohib Ry common—25
28% Jan
2
12 % Jan
Dec
150
30
33%
8
Checker Cab Mfg.i—1.25
$4.50
11
8% May
105
29%
293
7%
Belt Co...
a....
.Nopar
Champion Paper & Fib com._No par
11
2%
104 %
104%
*29
*33
*17%
Chain
14% Jan
v
45% Jan
6
104%
*104
23%
1
5
90
12
*104
104%
34
Copper—Nopar
Products—
6
.
39% Mar 18
/ 7% Jain
Pasco
Jan
25% Mar 16
Feb
de
100% Jan
16
84%; Jan
Feb
50
"
9
17% Jan
11
8%
•48 %
18%
Cerro
10
"9% Mar
10% Jan
50
preferred__._//_/J./_.„„_20
Central Violeta Sugar Co
—9;50
Century Ribbon Mills—.—No par
Feb
15%
*48%
*126
5
7% Feb
'
50
...
5
.9% Feb
r
*48%
*131%
100
13
12?/*, Jan
8% May
4% May
50%
/
No par
10% Jari
12% Dec
4*A May
*49
53%
12% Jan
5% May
--
50
23%
26% Jan
19
1,7% Pep 18
Feb
*49
*6%
Central
>6% May
Apr
12
50
t Central RRof New
Jersey..... 100
Mar 11
4
*11V8
23%
7
Oct'
'
38*4
12
53%
26
Feb
102%.Ju)y
.
40
*11
*96%
Jan
24 % Feb 28
30% Oct
54% Jan
Jan
40%
81% Dec
40
12
par
Jan
13% Feb
Feb
39
*11
par
11
Jan
20%
.
39
12
*36%
Central AguirrC Sugar Cd__.No
par
Central Foundry Co_A
1
Central Hudson G & E Corp..No par
3
500
39%
*11
par
80
8% Mar 19
90
7
8
39%
*38%
11
14%
6
22% Feb
110% Jam
Dec
/ 5%
share
Shares
39%
39%
*29
' 4
.
27
20% May
100%
5
for
the Week
Mar. 19
S per
*10
*32
111. Light 4%'A
pfd____100
Central NY Pr Corp 3.40%
pfd.100
21%
i
2nd preferred
Celotex Corp common.
Sales
Friday
Mar. 18
Sper share
11%
*104
100
...
Thursday
Mar. I«
$ per share
41%
10
7%
106 % Mar 18
30
11% May
5
8% Mar
2
Feb
.7% Jan
11
14% Feb
35% Mar
No,v
Jan
2
18% Feb
8% Jan
7% Jap 27
96%
9%
22
>6% Feb 28
Feb
Jan
20% Jan
Jan
116
21
27% Jan
18% Mar 13
Feb
Dec
11%
137
Jan
4% May
<
Feb
Jan
preferred
Wednesday
$ per share
*49
..5
Caterpillar Tractor—
No
Celanese Corp of Amer com—No
$4.75 1st preferred....;
no
28 % Jan
14%
•
;
7%.
Jan
102
10%
7% May
22%
61
$ per share
*"39%
Conv
138% Jan
22% Feb
Feb
Mar. 16
•11
preferred 4% series.—50
Carriers & General
Corp
1
Case (J i) Co
common.......
25
46% Jan
Feb
,
•'
SALE PRICES
Tuesday
Mar. 15
$ per share
„No pur
...
Carpenter Steel Co....
Carrier Corp common..
7% Feb
Dec
28%
,
Mills
Par
Capital Admin class A common
1
53 preferred a
Carolina Clinch & Ohio
Ry. ..100
Carolina Power &
Light—No par
31 % Jan
Feb
,/
Cannon
10J% Jan
108%
Dec
19% May
2
Feb
100% Feb
156
Monday
Mar. .18
—
Jan
i
130
77%
44 % Jan
64
Dec
100'A
1
Jan
158%
1
17% May
7%
55
7%
Saturday
'/
12% Jan
25
45
Dec
xl7%
13
Feb
47
49 V* May
,19%
Feb
50
21%
Jan
x97
11
Feb
50%
May
•
Feb
128
,
LOW AND HIGH
NEW YORK STOCK
EXCHANGE
'■,>
$ per share
Dec
Mar
39 %
Nov
27
»Dec
38
Dec
12% May
35%' May
102
132
38
14%
May
6;
'<> 29 y2
share
57J/a
11 'Apr
501
$ per share
47%
Nov
33%
STOCKS
Range since Jan. 1
Lowest
Highest
Highest
Lowest
Jan
7
Consolidated Grocers Corp—1.33%
Consolidated Laundries Corp..-—-5
Consolidated Natural Gas—...t—15
Consol RR of Cuba 6% pfdi—100
Consolidated Retail Stores Inc.—1
Consolidated -Vultee- Aircrafti—«•—l
Consumers Power Co com——No par
$4.50 preferred ———-—No par
Container Corp of America oora_-20
4% cumulative preferred..—!l00
Continental Baking Co oom-^No.par
$5.50
preferred l—No par
Continental Can inc
$3.75 preferred
Continental
Continental
Continental
Continental
Diamond
common—20
No par
Fibre——-j>
Insurance..
-lO
Motors—-—■—
^
Oil of Delaware.—.—5
Continental Steel 'Corp.
—
Cooper-Bessertier Corp com._No
$3 prior preferred.——.—NO
par
par
12
*12%
3A
12%
*9%
*9%
9%
9%
*9?6
934
44%
44%
44%
44%
43%
44%
43%
43%
43%
*20%
20%
20%
20%
19%
20%
19%
19%
20%
*11%
12%
*11%
12%
*10%
11%
113/4
11%
11%
14%
153/4
14%
14%
33%
102%
14%
333/4
103
*9%
15%
34
14%
*33%
103
9%
9%
12%
*33
102*%
103
36%
36 %
36%
363/4
*93%
96%
*93%
96%
11 ?8
11%
*11 3/8
*83
.
11%
88%
*83
333/4
36
*93%
10%
*80
86%
33%
33%
33%
*93%
94%
10%
10 %
*10%
493/4
49%
49%
33%
10%
49%
*6%
50
6%
50%
*14%
15
*21 %
22%
*50%
52
94
94
6%
50%
21%
*50%
*93/8
45%
5,300
20 y4
1,200
*11%
15%
14%
34
333A
}01aA
102
14%
93/4
43%
20
*33%
*33%.
101
12
400
16
54,700
33%
1013/8
300
2,400
102%
10234
36%
36 %
363/4
36*4
36 3A
36%
36%
96%
*93%
96%
*93%
96 y4
*93%
96'A
11%
102%
11%
103/4
f
87
10
11
87'
33?/8
10%
*80
33%
95
«
95
*94
10%
94
10
*80
33%
33%
.*93 %
-
10%
*10
49%
6%
6%
50%
*148^
15%
34
43%
20(4
11%
49%
48%
6%
'6%
49
6%
48%
11
11
86
*80
34%
96
10%
49
3334
94%
10%
49
340
4,700
86
34%
94'A
10%
7,400
300
800
49%
4,100
6%
6%
6%
7%
11,500
49%
50%
14%
49%
50%
50 Vb
51%
9,600
15
14
14%
*14%
14%
14%
14%
14%
1,400
21%
20
21%
X20
20%
*21
21%
21%
22%
1,200
52
X493/4
493A
*493A
51
52
.
*50%*
'
49 Yb
50
*49%
51
20
'6
12%
t per
Jun
44
Dec
Oct
13
Feb
17% Jan
Feb
44
Feb
13
47
Jan
14
Feb
10% Feb
11
13% Jan
2
61
Jan
50
Feb
13
11
32%
Feb
18 % Feb
Feb
92
Feb
Deo
105%
Jun
92
Jan
Sep
75%
Jan
61% Feb
5
Feb
6
Dec
4%
195
Dec
2%
Dec
26 %
Aug
8%
May
4%
169
Jan
4
52
Corning
Mar
97
<
Mar
66
Jan
177
Mar 16
Corn
Mar 19
5% Jan
7%
2
3% Feb
Coty
Feb
13
34% Jan
Mar
95
Feb
11
97% Jan 27
16
Oct
'22 Mi
Dec
30
Jan
x21
41
Dec
52% Mar
42
46% Mar
6
25
Apr
34%
Oct
26% Mar 16
34% Jan
5
98
Dec
108%
Feb
91% Feb
24
98% Jan
2
105% May
22% May
130%
Oct
102% Feb
18
127% Jan
5
37%
Feb
Feb
10
25% Jan
16
96
Jan
34%
Oct
21%
Jan
66
Dec
May
13% May
165
Jan
12%
Dec
82%
165
Deo
X16
17%
>
2
22
71% Feb
34
Sl2%
160
10
Sep
Mar
Feb
5
Oct
27%
Nov
18% Feb 27
12%
Feb
56
t
147
Mar
6%
Feb
4% Feb
21%
Dec
18% Feb
:
Feb
132
2
•
9
59
4% May
129
Jan
Jan
139
Curtis
6% Mar 19.
27
133
Jan 27
,
Pub
Co
(The)
#7 preferred.:
No
No par
common.:
Cushman's Sons Inc 7%
.
18% May
30%
Feb
21% Mar 16
26%
Sep
20
Mar 16
23
Jan
2
97
Sep
87% Mar ;4
93
Jan
22
14% May
23%
Oct
13% Mar
20% Jan
2
Feb
25
17% Jan
6
Davega Stores Corp
5% preferred '
16%
24%
Oct
18% Feb
14
22% Jan
9
Davison
27% Jan
5
95%
96
97
104
104
pfd
■
r
27
*155
10%
.10%
85%
*84%
*19%
20%
>7%
•
135
*130
:
5%
5%
137
137
*130
•
V.
22
7%
130
*130
.<•;
,22%
-21%
*20%
21%
21
*90
91 %
*90
91%
14%
*14%*.
15%
*15%
16 Va
*15'A
16 VB
*19%
20
19%
19%
-.
.
♦125
49%
.
137
49%
20%
137
21%
'21%
•
*49%
'
10,100
V" 20
300
125,300
23%
21%
.
8,800
137
*130
Y
;
1
51V
23%
:
200
200
7%
135
1 6%. Ve%
...
>
21%:
:
2,000
.
AVV
20
7%..
*125
49%
♦130
21%
11%
16%
20
' 6%-.
23-%'
.
2,100
86
.Y
.135
6..
^
21%
11%
.w:;
140
13%
*84
,
800
177
*15%
-
.7%,r
v
22%
22 %,
*130
137„,
:
7%».
:
16y^
5%
21%
21%. •',22 v
16
*19% A20%
V
130%,
*48%
;
5%
<22
21%
,
7%
*125
v
49
5%
Vv
23%
21%
20
*19 %
49
5%,
■i
21%
15%
7%
A130:
49%
*48
21%-
*15%
69
13
140
330
3,300
27
*155
11
•
;
24%
27
-•
86
*15%
88
19%
A
10%
*84%
*84 »A
7%
.
177
105
*67%
13 VB
13
*155
10%
10 %
10%
87
19%
7%.
13
157
300
4,200
97
22%
-
2,200
28%
105
67%
27
12%
.,15% ,15%
15% ,15%
66 %
27
1,700
45
27%
V
100
1,300
->
-
18%
*44
23%
66 %
*155
177
:
23
21%
*96
27%
13
xl2%
13%
177
-
227/b
3,200
V
10%
18%
66 V2
27
4
•
*263A
67%
*66
10%
136
•130
22
68
13%
103
103
23
•84'A
49
'
103
22
28
*155
21%
100
103
18%
„
500
30%
21%
21
95%
49
5%
Cutler-Hammer
x2l
95%
20%
7% •V 7%
\
21%
*95 %
1
j
Class A
21%
19
10%
•130
par
22%
3,300
97
10
-
27%
i
Curtiss-Wrfght
19% Aug
90% Nov
C
21%
30
*93%
98%
10
97/a
44%
16
-
*93
:
,
18%
*19%
i
10
27 Vb
85
...
30
98%
*9%
44%
•15%
com—No par
30%
29%
10
27 VB
*84
5
29%
230
2%
<
44%
13%
10%
v'
■
100
Prior preferred
23% Mar 19
131
10
common
preierred.
2%
18
*66
"
4%
2%
27
177
.♦155
4
2%
*44
*27
90
140
5,000
177
4%
*2%
18%
68 %
*13%
..
100
Cunningham Drug Stores Inc—2.50
<
,
11
Jan
133
Apr
<
1
10
common
Cuneo Press Inc
,
17.
12% May
4%%
2
9
Sugar
preferred
Cudahy Packing Co
9 *
13
Mar 11
48
7%
177
*4 VB
2%
*95%
23%
900
64%
4%
27%
23%
19%
93
63%
176
2,400
1,070
96
2%
44%
27%
27%
100
176
175
'
4
17%
23%
*67
_100
63%
29%
■"
104
pfd
62%
26%
104
non-cum
62%
44%
106
preferred
19%
93
*95
95%
27%
*104
6%
93
95%
98%
,■
96
conv
*92
95%
10
19 Vb
96
RR
*19'A
92
44%
96
*22%
50%
27 Va
19 VB
96
Cuban-American
Jan
122% Feb
Dec
70
Jun
•
-
$4 2nd preferred
No par
Crucible Steel of Amer com__No par
24% Jan
11
8
*27%
50%
19 %
50%
19%
29%
22%
*43
44%
*43%
50%
27 %
19%
♦18%
No par
50%
*95%
10
22
22%
11
4%
2%
98%
9%
11
175
175
4
30
*95%
«
No par
5
Feb
7
preferred
2
13
6% May
113% Jan
24%
$2
5
15% Feb
America
Crown Zellerbach Corp com
$4.20 preferred
27
Feb
29%
30
*22
Feb
13% Jan
*29%
10
5%
17% Jan
25
common
preferred
173%
12%
10
11%
62%
62%
*2%
2%
*2%
61%
7,800
45
11
*94%
96
4%
*43%
11
19
r
95%
4'A
45
Week
Shares
13%
92
19
175%
175
96
Cuba
84% Feb
1
10
3
9
19%
4%
96
17
13
% Mar
81% Jan
Dec
62%
175%
*4 Va
1
Jan
160
62%
*174%
*43%
45
13 %
13%
50 %
92
62%
62%
13%
the
$ per share
11
97
x97
25
100
14% Jan
11
Feb
\
97
Cream
21% Jan 29
2
*95%
19
93
$ per share
13'A
*43%
<
92
■19%
*91%
100
Refining com
of
50%
Xl9%
of Wheat Corp (The)
2
Crown Cork & Seal new com__2.50
9
26% Mar
Co
50
19%
1
Creameries
51
100
1947
preferred
3%%
15
66% Mar 17
v
Jan
101
11
Jan
Jan
23% Feb
Mar 18
17% Feb
22
13
11
93
Inc
Crane
29
107
Deo
9
of
9
Feb
Dec
45
10%
*92%
Coty International Corp
II Mi
9% Mar
ser
2
97
40%
pfd 3%%
Products
*43%
11%
*19
5
common
preferred
Cum
♦51
13 Va
44
100
Wore#
Glass
3%%
13 VB
13%
11
11%
series
Sales for
Mar. 19
share
*13 Va
44
<
44 %
11%
pref 5%
Friday
Mar. 18
Mar. 17
$ per
S per share
share
Thursday
Wednesday
Mar. 16
50%
*43%
Convertible
HIGH SALE PRICES
Tuesday
13'A
13%
50
2% Mar 17
Jan
13%
5
common
Cornell Duoiller Electric Corp
1
Corn Exchange Bank & Tr Co—20
94
12
61%
Copperweld Steel Co
$ per
I per share
Par
20% Jan
9
88
170
LOW AND
Mar. 15
54% Jan
5
105%
Dec
Monday
Mar. 13
i
13
55
17%
Saturday
STOCK
YORK
EXCHANGE
t per share
t per share
share
NEW
'
<
Highest
20%
12% May
51% Dec
18% Dec
88 Mi
Range since Jan. 1
Lowest
Highest
I per share
RECORD
STOCKS
Year 1947
Lowest
STOCK
YORK
NEW
Range for Previous
Monday, March 22,
1948
CHRONICLE
FINANCIAL
THE COMMERCIAL-&
(1268)
22%
'
4,500
D
15
Jan
24
Dec
82%
Deo
84
Dec
12%
11
33
31
Jan
35%
24% Feb
101% July
101% July
Sep
Sep
Aug
May
9
25
Jan
2
91
Jan
5
90
84
85
.
Dana
Cum
Mar 16
Jan
13
15% Jan
pfd
common
3%%
1
series
5
v
series A
Feb
20%
10
Feb
13
13% Jan
9
Oct
30
Feb
20
41
Jan
8
Deep Rock Oil Corp.
>
Oct
35% Mar 16
46% Jan
2
Deere
38%
Feb
29% Feb
32% Mar 11
38% Jan
20
42 % Feb
Feb
7% Feb
11
10
10%
,
Jan
&
Co
9
20%
59
'19% Dec
V
44%
Dec
Dec
14% Feb
19
11
32% Mar 16
41% Mar
20 % Feb
,
27 Va Mar
21% Jan
13
Aug
62%
Jan
6
10% May
17% Jan
13% July
10% Feb
11
26%
Oct
22% Mar 18
18
22
Jan
14% Mar
31%
Feb
22% Feb
Oct
20% May
35% Apr
42%
17%
Nov
50
25
Deo
19%
.
10
26
Jan
42
Jan
9
44
Jan
15
2
16% Jan
5
Distill
17% Jan
5
Sep
29% Feb
38
Jan
2
Dixie Cup Co common
Oct
47% Mar
53% Jan
8
Feb
16
5
Feb
xl7% Feb
16
23
Jan
£
5
Oct
29
Feb
13
37% Jan
21%
Jun
15% Jan
23
19
Jan
47% Jan
2
42% July
32% Feb
20
Feb
6
100
Jan
U
Feb
13
97
Jan
Feb
Oct
Dec
21 V Jan
6
Feb
83
Jan
2
17%
Feb
Nov
July
97
*
90
>
11
12% Feb
12% Mar 11
164
Mar 18
129% Aug
107% Sep
28
94
Feb
11
Jun
113
Jan
2
19% Mar
Dec
113% Jan
115%
Dec
Dr.
9
114%
197
Dec
Class
13
Mar 15
Feb
24
Dome
62% Mar 19
40% Jan
Dow
16% Jan
16% Jan
JL per share
19%
Jan
16
Nov
25% Aug
24% Apr
14%
Dec
51
42% May
163
Dec
42% May
18% Dec
Jan
48% July
198% Oct
2
5
Chemical
Dresser
,
115
Jan
13
15% Jan
2
23%
*85%
1
13%
13%
I per
share
19% Feb
27
116% Feb
22% Jan 29
11
18% Jan
2
22% Jan
8
38% Feb
44% Jan
2
162% Jan
10
12
168
Feb
16
55% Jan
5
13
19% Jan
12
Feb
82
8
91% Jan
27%
Feb
13
Dec
111%
Feb
102
4% May
§0% May
10% May
33% May
2
Sep
11% May
145
Dec
135% Dec
8%
Feb
Mar
Mar 16
Feb
5% Jan
24
5
16% Jan
106
Jan
2
12
7% Mar 17
43
Feb
20
16%
Feb
II
Feb
13
14% Mar 19
39%
Jan
32% Feb
19
35% Jan
3%
Jan
1% Feb
11
13% Feb
11
139
Feb
10
52% Jan
2% Jan
6
5
2
18% Mar 17
156% Mar 17
156%
Feb
123% Feb
11
47
Jan
57%
Oct
49 % Feb
10
9
15%
56% Jan
Dec
24% Mar
14% Feb
19
17
Jan
6
59%
Oct
55% Feb
13
62
Jan
12
17
Dec
9% Mar 18
102
3%
8%
May
Deo
Dec
19%
Jail
38
Apr
107
Mar
4%
Dec
12% Jan
2
44
May
Oct
Mar 17
11% Mar
q,
5
13% Feb 25
6 %
cumulative
preferred
Manufacturing Co
Edison
Bros Stores
36
*35 %
36%
•
36
36
*38%
39%
38% .38%
*38%
39%
16%
17
16%
16%
•16%
17
13%
13%
13,
13%
13%
14%
14%
32%
*13%
14%
*14%
*31%
*31%
33 VB
*32
49%
50%
*49%
51
17%
17%
17%
17%
*17%
29%
30 Va
29%
29%
30
■-
v
40%
15.
40 VB
16%
16%
1,900)
13%
.
13%
14%
15,3001
14%
,
■33%
16%
...
49%
*32
300
14%
200
100
33%
49%
49%
190
17%
17%
17%
900
30
.
49%
30 Y;
31
17%
17
17.
-17
:
56%
59%
58 Va
61
59%
61
.Y
36
•
36%
99 V
36 %
36%
36%
37%
V 99 %
99%
99'A -99%
99
.95%-
:*
..
'
•
V
16%
v
95%
95%
96
96
22%
23%
23
23%
*96%
23%
24%
88%
*86%
88%
*85%
88%
*86%
12%
*12%
13%
*12%
13%
Xl2%
13%
13%
13%
*12%
13
164 %
165%
164%
1G5
117%
118
117%' 117%
Y
166%
96
700
36%
'
99%
118
;36%
1,100
1,300
'
Y
96/
96
13
96
114
114%
v
114
*12%
V
96-.,
:
114
13%
96
23%
13
•
16%
13%
11,100
7,500
500
99%.,
*96JA
97%
300
23.%
A
,24
623Ay
38
.99%"
97 :
3,500
5,300
16%
61
36%
24%
5,300
*85
88%
88'A
12%
12%
-13,
*13%
164
\ 164%
117% ■ 117 Va
600
12%
300
14
164
166%
4,700
117
117%
900
*96
•96%
96
*114
-
»Y. 114
*12%
preferred
Ekco
Products Co
4%%
4
V 114%
13%
*114
*12%
500
96
114% V
13%
240
13%
300
50% Feb
xl4
11
Mar 17
7% Mar 17
38
6.
Feb
10
Jan
23
57% Jan
9
64% Mar 13
9
Jan
14
19
Jan
9
$6 preferred
Mfg Co
Emerson
Radio &
Phonograph
Empire District Electric Co
lii
Jan
9
9
60
Jan
40% Mar
9
51% Jan
2
31%
Feb
26% Mar 17
31% Jan
5
9%
Feb
7% Jan
8
14%
Dec
5% Mar
11
Feb
4
20
14
Jan
2
Inc
21
17%
17%
17%.
17%
18 Va
18
18%
15,900
17 Vb
17
38%
17% '
38%
18%
18%
18
19
3,300
11,300
*166
48%
18
1
39%
170
48%
83 %
13%
-
V
39%
166
48%
17%
83%
84
13%
13
38%
*166
17%
83%
13VB
48%
17%
*82
*100
39
166
49%
17%
103
6%
*
13%
103
>100
103
20%
39 Vb
170
17%
17 %
*17%
18
85
*83%
13
*100
13%
;
103 '
39%
30
170
,
103
300
*17%
V
18
*84
v;
13 Va
1,500
51%
85%
80
13%
2,900
13%
*100
103
6%
6%
6%
44%
45 %
44%
45
45
13%
13%
45%
44%
13%
45%
45%
33%
13%
46 %
4,700
4,300
12%
33%
13%
34
14%
34%
14'A
14%
.; 14%
14%
9,400
1%
17%
<
•,
155
;
141
*50%
-
1%
18
155
>155
141
52
140%
/
15 %
15%
57 %
-
1%
1%
.
17 V8
57%
17%
Y
6% V 6%
*34
•
34%
6%
7%
*34
34%
34%
34%
1%
16%
1%
17%
1%
1%
16%
18%
17%
158
153 %
155
155
156 Va
154
141
140
140
140
143
142%
143
*50%
51
51
15
50%
51
50%
50%
15
14%
15
15
15
15%
57%
58%
58%
13
58%
13%
13
13%
13%
13%
13%
*13%
13%
30%
13%
30%
13%
30%
30 VB
99
99
*30%
31
99
99
*98%
99
4%
9%
9%
*53
64%
*6%
*15
7%
*39
*6%
55
64%
7
15%
7%
7
14%
8
*39%
'6%
42
27
12
9%
9%
55
64%
6%
27
4%
*53%
40%
*41
5%
4%
42
64%
•
7
15
8%
41
6%
9%
4% V 4%
9%
9%
53
53
*64
67
6%
14 VB
7%
39%
6Va
42
41
*27%
27%
27 %
6%
6%
6%
12 %
5%
*11%
11%
11%
6%
14%
8
V
934
10
9%
9%
52%
67
6%
6%
X14
14
7%
39%
39
6%
7%
*6
41%
.27%
6
11%
V
4%
52%
39
5%
11%
V 1,500
2,900
14
13%
14 %
3.600
10%
11
3,500
*13%
*13%
13%
31
/ 30 Vb
30%
*98%
99
99
4%.
9%
9%
67"
6V2
15%
15%
7%
7%
39%
40
26%
6
11X4.
6%
6%
15%
7%
41
6%
67
20
15%
1,100
7,100
7%
41
6Va
42%
43
♦26%
27
10
700
2,900
26%
6%
6,900
VY
6%
42V4
'
600
210
7,100
9%
53%
■
:
,
'
4%
9%
./
200
■:
99
52%
*64
6%
42
11%
4%
52%
*6
6
4%
52%
*64
27
;
70d
.
:
10%
13%
41%
41
15%
61%
6%
26%
52
*14%
60
9%
*4Va
♦64
140
52
;
1,700
1,200
152%
*30
13%
9%
,
1,400
75,900
18
152%
59%
98%
4%
17%
15%
58
>
32
»
:
140
58
*57%
500
34%
1%
18%
155%
51
7
34%
*30%
98%
6%
*1%
13%
:
7%
1%
10%
•
7
1%
10%
1
13%
51
44%
44%
*13%
Fairbanks Morse Ss Co
No par
Fajardo Sugar Co of Porto
Rico—2o
Farnsworth Televls'n & Rad
Corp__l
50
>100
13%
5
-
*168
85%:
*83%
10%
§
39
2,600
21
'
49%
10 Va
so
38%
170 V
49
*13%
100
38%
>168
.
48%
lo
j
20%
'
new 5
_i
Corp
165
48%
20%
13%
Corp
Exchange Buffet Corp.
Fedders-Quigan
20%
20%
a
4
Ex-Cell-O
7% Jan
20%
Shares
16%
,y
par
5% preferred series A
Erie & Pittsburgh RR Co
Eureka Williams
Corp
Evans Products Co
47
tper share
17
~ioo
Bldg
common
Eversharp
I per share
13%
No par
Natural Gas,
5
the Week
20
<
No par
Electric Storage
Battery
Elgin National Watch Co
11% Jan
Sales for
Mar. 19
Mar. 18,-
173A
V
par
RR
V Friday
Thursday
$ per share
20%
*82
Electric Power St Light com__No
par
$7 preferred
No
Erie
V
18
*17
common
3
Convertible preferred
II_No par
Elec St Mus Ind Amer sharea
Equitable Office
5
- -
17%
165
Endicott Johnson
Corp common, 3$
4%
preferred
11% Jan
# per share
.
Mar. 17
18
♦100
3
11
'
PRICES
Wednesday
18%
W 13%
6
9% Feb
f per share
V
17%
Electric Boat
Electric
SALE
Mar. 16
20%
:V
_lo®
common
preferred
Emerson
Tuesday
Mar. 15
38%
\
Elastic Stop Nut Co__
Electric Auto-Lite (The)
El Paso
LOW AND HIGH
Monday
Mar. 13
•
10o
„
Inc common
8
Jan
Eaton
10
Jan
4% May
11% Dec
25%
36
200
24
*23%
18%
Jan
6% Mar 16
13% Aug
x23%
17%
Eastern Stainless Steel
Corp,
Kodak Co common
5% Feb
64 % Mar 13
50%
24%
24
*20%
Eastern Airlines In
Eastman
34
Feb
Dec
24%
1,200
15%
18
13
t per share
■agle-Plcher Co
102
Mar
32% May
15%
23%
15%
23%
37 >••:«'
114-'
1
VV
10%
V 15%
Saturday
v
5
85
*6%
a
►
V:\>-H
:
16
63
Jan
STOCK
27
Feb
25%
YORK
Feb
Feb
Feb
;v
60
10%
15%
12%
13%
4% Jan
12%
24%
114%
*58
.
V"
*15%
60%
*117%
*95% -",96 V;
:
11
15%
36Vb
165%
*13
29% Feb
67
13%
t
60
.
11
*86Va
118
,♦113
11
15%
14%
*13
166
|
97
47% May
Nov
7% May
17% Dec
10% Nov
143
16% .Tan
1
11% Dec
27% May
165%
Par
19
104
'»
•:>
,*58
60
10%
7.800
22%
33
> *9^
■"'? 95%
88%
a_l00
I per shore
16% Mar 16
109
46% May
9% May
-24 Y'
*117%
par
1st pfd
Corp
8,600
18%
■22%
59%
.,
13%
D W O Cigar
4,000
20%
18
'
22 Vb
51%
V-17%
13 %
No par
NEW
47% Feb 28
Feb
96%
100
"VEXCHANGE
17% Feb
July
99%
50o
Duquesne Light 5%
Range since Jan. 1
Highest
Feb
19%
18%
36%
....
99 Va
6
20
30'A
*95%
120
33%
20%
;
V- 22 Vb
17% ^ 17%
30
30%,
'■>,
59%
36%
No par
Duplan
97% Jan
<17%
59
Du Pont de Nem (E I) St Co
com._2o
Preferred $4.50 series
No par
Preferred $3.50 series
No
Dec
171'
177/a
Corp
Dunhill
32%
8%
•
>
22%
13%
*50
No par
preferred
International
18%
83/B
*21%
17
|v.v 33
51%
3,700
20%
8%
22 >/b
39%
:
*14%
•Y
33%
i
18
5
Jan
a
-
conv
3%%
Lowest
,88
Dec
15% Aug
v
*14 Va >■15 '
*50
18 Va
common
13%
600
3%
33%
20%
'AY.'
36%
17
14
*32
30%
common
Industries
>
300
40%
23%
r *38%
17%
13%
5
2;
25%
Feb
_
Co
38%
*17
40%
15
-
36%
v
33
17%
"
No par
No par
187% Jan
57%
65%
1.
36%
6,400
*32
STOCKS
Year 1947
■
'VV
lowest
Highest
-
Corp
Ltd
84 preferred series A
$3.25 2nd preferred
,
Range for Previous
8 per share
38%
32%
37%
;
.
*21%
22%
15
23%
:
11
11
32 >
35%
2,100
1,500
20%
*58
11%
10%
33 Va
60
/ *58 V
60
1
10%
17%
•
11%
1,800
20%
20%
*22
80
13%
-
.
13%
33
17%
33%.
*58
30
88 VB
:
W 17 <
'
32%
16%
32%
'
90%
88 VB
8
20%
60
29%
1,000
12,600
7%
7%
17%
24% >24%
No par
Douglas Aircraft
2
24% Jan 30
86% Mar
Mines
7%
28%
40
21
15
■
397/a
34%
♦14%
J
40%
*
300
18%
>89
...
32
35%
400
16%
18%
31%.
36%
32
17%
11%
No par
31%
353A
31%
2,300
14
16
28%,
32
20%
22%
No.par
Doehler-Jarvis
40
!
34
♦22
2
Pepper Co_
<40
'i
27%
>40%
32
•
35 Va
36'/a
32
8%
8%
■
,
*31%
*31
31
35 VB
:•
,'•<
40
10%
10%
30
19
*13
17%
*11
2
A
40
13
207/a
36%
Corp-Seagrams Ltd-
10%
V.
88%
34
*58
<
25
Divco Corp.
19
8%
No par
Mar 17
11
8%
>'V
5
13
Feb
41%
12.50
14% Mar 12
v
'♦
*31%
l
Oct
16
*40
,
33
17%
Feb
10%
*87%
32
36%
33 ' •■<>'''
36 'A
36%
207/a
6%
10%
*31%
36%
*31%
♦33%
Devoe St Raynolds class A
Diamond Match common
13%
'31
31
Detroit Hillsdale & S W RR Co__100
Detroit-Michigan Stove Co
1
2
13%
X10%
20
Jan
19
Nov
110% 8ep
14
16% Jan
13%
■-*
88%
-107/b
'a
16%.
21%
91%
;'
14
90%
*87%
V 10%
100
Detroit Steel Corp
De Vllbiss Co
*89
88 Vb
n
pfd
for
18%
98%
May
92%
13
>23'
10% May
115%
Feb
104%
.
Dec
14%
38
6
76
v
May
173
35% Mar 12
2
Jan
39%
Dec
80
Jan
Jan
■
9
12% Jan
25
ctfs
89%
88 Va
12%
100
Edison
27%
89%
13%
.
50
partlc preferred
Diamond T Motor Car Co
34
Dec
14
21
60% Jan
v
Escrow
Detroit
27 Vb
91
13%
com
55%
16% May
45% May
36% Sep
91%
9
1
10
for
40%
Dec
28% May
98%
58
Escrow ctfs
27%
90
■13%
>■•'
19%,A
19
27%
27%
91
21%
*90
16% ';v
15%
87%
*107/a
:V;k
91%
14%
*18%
v
19%
-87%
•
21
*13%
a
15%
88%
*89
*15%
.
*90
*15%
'91%:
*13%
14%
19%,
<
91
100
19%
;
,
May
May
49
Oct
2
?
*87%
1
24%
Dec
11% May
15%
47
.«
Jan
27%-
15
14%
21
*90
91%
13%
Denver & Rio Grande West RR
6% May
25% May
v
*90
-v
*89 Va
20
Delaware Lack <k Western
27%
21
20
>Vy
-
No par
common;
preferred
Delaware & Hudson.
19
27 Va
21
-
\
60o
7 %
5
<45% Mar
_7
50o
'
46%
29% Dec
32% May
5% May
;?
100
Decca Records Inc
45%
Dayton Rubber Co
1
_>100
series B_;
Feb
9
14%
20
23%
12% Mar
•
2.50-
common
Chemical
Preferred 3.75%
Preferred 3.75%
r
A_u.j.__100
Corp (The).;
Dayton Pwr & Light common
29% Mar 19
;
Corp
6
6%
12
12 Va
900
300
2,100
900
24,300
3,100
■
:
I
!
167
Volume
Number 4683
.
THE COMMERCIAL
NEW
Range since Jan.
$ per
share
I per
23'A July
9% May
14 Ma
.
107%
Dec
35% Feb
Jun
Mar li
8
Mi Mar 11
90
11
Feb
9
Dec
26%
Feb
20
V* May
26 Va
Jan
18% Mar 17
59%
Feb
61
Feb
43
107% Aug
104
Jun
Sep
104
Feb
10
53 Va Feb
2
9
Jan
23
4%%
-
14
6
Felt
9
Ferro
19
50
Jan
At
5
62 Va
Dec
49% Mar 16
58
Jan
2
First
14 % May
21%
Jan
14 Va Feb
17
Jan
5
20
31 Ms Feb
39%
Oct
11
37% Jan
5
Dec
110%
Feb
X98
Feb
26
102% Jan
15
30
May
; * ,41%
Jan
30
Feb
26
34% Jan
2
13
Dec
17%
Jan
13 % Feb
14% Jan
17
,
"
9
24
Aug
14 Ma Mar 19
21% Jan
6
40 %
Dec
23% Feb
11
40% Jan
12
15%
Feb
Va Mar 17
10% Jan
5
24
39% Jan
13
92% Jan
7
31
Jan
5
25% Jan
5
9
33
HO" July
Dec
91
'
Feb
89
Feb
3
24% Feb
27
Food
.•26%
Jan
22
25%
Jan
12% Feb
26
14% Jan 27
Francisco
Freeport
'
Mar 16
36 V2 May
50 Va
Feb
35% Feb
13
43% Jan
5
II %
Nov
22
Jan
10
18
12% Jan
14
18'A
Dec
39
Jan
17% Mar 12
24% Jan
5
77
Dec
77% Feb
81
Jan
5
9% Jan
8 Va
•
103% Mar
17%
Dec
Feb
18
6% Mar 16
10%
Jun
Oct
21
53A May
18'A
Feb
96
94%
94%
Jan
*20%
21
20%
20%
■
Gabriel
Feb
2
Gair Co Inc
Jan
5
6%
Co
12% Feb
27
14
Jan
9
Gamewell
18
Feb
13
21% Jan
8
5% Feb
11
6% Jan
9
Gar
Co
18%
18%
18%
19
19
54%
54%
54%
54%
55%
1,400
44%
45
45
45%
46%
2,900
104%
,.'104 %
104
*104 VB
104%
*104 Va
104%
*104 Vb
104%
*49 »/a
51
49%
49%
*50%
52%
15%
15%
15%
15%
15%
>104%
Jan
2
10% May
16
Oct
11% Feb
13
13% Jan
2
General
109
Jan
Dec
185
July
18%
Jan
14%
<■
Feb
11
Dec
8
May
71
Apr
83% July
37
Sep
47%
23 Mi
Dec
33
137
Dec
160
Jan
32
May
$8
Jan
12
Jan
2
6
144
Jan
28
35% Jan
2
54% July
31% Mar 11
34
131%
Feb
xl22
Feb
517/b
Jan
120%
Dec
129
Dec
107%
657/,
Febv
Mar 19
1st
4%
conv
General
31%
32%
32 Va
32%
99%
99
99
99%
99%
*99
30%
*30%
31
30%
30%
30
30
*29%
30
*29%
30
13%
13%
>13%
13%
13%
13%
13%
13%
par
*15%
26%
7%
3
95
4
12
Jan
9
48
Jan
14
14
General
25
126
Jan
10
100 Mi Jan
$3.50
21
Feb
20
58% Jnn
50% Mar 16
119 Va Feb
19
Sep
93 % Feb
17
3%%
34%
34%
35
35
35%
35%
36
36%
90%
90%
91
91
91
91
91
27%
27%
28%
28
28%
23
23
23
*23%
13%
13%
38
38
98% Jan
35
90%
by '/a
89%
28
27%
28
26%
27
26
23
22
22
♦22
14
14
*13%
38
37%
*9
10
*9
18
18
18
18%
78%
77%
24
*9
10
18 V»
18%
*77%
78%
Dec
26
Feb
14
3
16% Jan
5
Gen
Precision
13
3 % Jan
5
Gen
Outdoor
Gen
Portland
General
12% Jan
5
Gen
Public
26% Feb
22
21% Mar 16
2
Gen
Railway
6%
128% Jan 29
29
3Vb May
18% May
29%
Oct
22% Feb
11
28
Jan
CO
Jan
25
Feb
13
31% Jan
77/B
101 Va
26%
124% Jan
Apr
Dec
Jan
35%
19%
Apr
30
Feb
95
Dec
"106
*18%
81
Nov
Feb
98
6%
/
6%
6%
6%
6%
7
Jan
15
Jan
2
Feb
10
89
20
4%%
—
Jan
13%
13%
19%
19 Va
19%
*18%
6
5%
*30%
31
5%
*30%
18%
18%
19
19Vb
12%
12%
12%
xl2%
12%
*12%
12%
12%
12%
1
12%
*100
*100
103
5
51%
*103%
9
9
*147
150
10%
*148
*73%
*34%
35%
♦21
V
21%~
9 Vb
9 Va
101%
52
52
*102%
1
Dec
i
44
44
V 121%
121%
98%
51%
*98
97
51%
2%
35>/a
*34%
35%
200
21%
21%
20%
21%
1,100
21
*138
142
♦138
142
25%
*94%
94%
94%
94%
9%
9%
44%
*8%
43%
43%
43%
44
43%
*121%
123
♦121%
V
700
43%
2,800
122%
122%
100
98%
700
34,000
98
98%
51%
50%
51%
51%
52%
121%
121%
122
122
*122%
123%
96%
96%
96%
97
97
97%
97%
13%
12%
12%
13%
13
13
18
17%
17%
18
18 Vb
18
18
♦14%
14%
14%
14%
15
15%
800
2%
3,300
12 Vb
7,800
•
15%
r
11%,
4%
23%
12
23%
23%
128%
1,700
*125%
4 Vo
4%
4%
4%
*4,800
24%
1,400
4 Va
'
22%
22%
22%
22%
24
,.23%
•26
113
113 »;
113%
'*26 Va
2G%
*113
36%
*25%
26
25 Vb
113
23 %
128%
4%
128%
4 '/a
114 Va
85
Dec
22%
13
105%
Jan
92
Feb
13
30
'■
17% Feb
Feb
Jan
80
26%
25%
26 Va
*26 Va
26%
1,700
22%
23'/b
22 Va
22%
700
27%
27%
27 VB
26%
23%
*23 Va
23%
22%
23 Vb
*23
23%
98
*94
98
*94
98
*94
98
24
>
24
24
24
*23%
23%
*23
23%
•24
24%
24
24%
88%
*85
88%
•86
88%
*86
88%
82
*79 P
82
♦79
82
*79
82
"
."
*86
88%
*86
88%
*86
*78
/
82
*78
82
*79
LOW
Nov
21
51%'May
58
Sep
48% Feb
5% May
104% Jun
7
Feb
4
124
Oct
113
33
Feb
Dec
Jun
21% Jan
2
84% Jan
•94
*95
97
99
27
Jan
9
Mar 10
120
Jan
20
24 % Jan
9
Feb
47% Mar 16
57 V. Jan
9
July
94% Mar 11
19% Feb
Dec
Dec
95
Dec
109
Aug
96% Mar 18
13 % May
24
Jan
16 Va Feb
3
61%
Feb
-38% Mar 17
11
Jan
Jan
50
50
49 Va
49%
49%
49%
600
4%
3,100
$5
Grant
26% Jan
29
Dec
107
Mar-
90
Feb
26
96
Jan
16
10% Jan
6
15
Mar 16
May
Dec
37%
Feb
30
Jan
23
Dec
17
Sep
12% Jan
19
Feb
49%
20
Dec
27% Mar
133
Dec
9%
59
May
163%
70
29%
Oct
20
Jan
22
23
132
Feb
27
144
Dec
62
35% Aug
14 Va
21% Mar
9
July
92
Dec
17
May
12
105%
33
Mar
29% Feb
14% Feb
8%
May
6 % May
95
33% Jan
12
16
Jan
9
Mar 16
14
Jan
8
Dec
30% Feb
11
5 % Mar
Feb
20
10
93
85
2
21
Feb
Dec
Jan
5
27
Dec
Jan
Mar
-
9
7
77
Jan
11
12-
Jan
14%
Feb
12% Feb
U
51
Dec
44
Feb
10
->49% Jan
5
Apr
76%
Dec
57% Feb
10
75 Va Jan
5
13 V*
Dec
16 V.
Sep
14
Jan
2
16 Ve Mar 18
Gulf States
32%
Dec
39
Jan
31
Feb
10
34% Mar 11
Hackensack
■<
20%
20%
20%
20%
47%
47%
47%
47%
48
94%
95
95
39%
39 Va
40
95
40
40
*96
1
-5
No par
No par
5
,
-
4
*5%
-No par
5%
*18%
*5%
*28 Va
30
♦28
38%
39%
97%
97%
17%
5%
5%
29
30
17%
*17
3%
4%
97%
*97
3%
4
18%
18%
18%
25%
26
26
x25%
25%
26
91%
X91%
91%
•90
91%
*90%
91%
9%
9%
9%
•9%
9%
♦9
■" *28 V8
31 Va
*28
29
12</a
13 Va
*12%
13
37 "4
37%
37%
3H
•28%
31%
13%
13 Va
13%
37%
37%
38
21
21%
20%
32
*133%
*58
133%
135
*31%
65
32%
•14%
14%
*58
..
20%
21
*60
133%
65
65
..
31%
14%
*60
65
*
14
Jun
19%
Feb
12% Mar
9
15
Jan
5
13
Dec
19
Jan
13% Mar
3
14% Jan
5
87%
102%
Dec
Dec
19%
Apr
148%
Oct
28 Mi May
112
108 %
27%
160
39%
Feb
Sep
80
Mar 19
XlOl % Feb
10
Dec
21% Feb
24
Jan
148% Feb
13
Jan
For lootno
27% Mar 16
89
Jan
103% Feb
12
4
9
26% Jan
150% Jan
28
Jan
9
31
100
12%
13
20%
133
*131 Va
*60
65
133
3,800
0,uuU
m
1.500
80
65
31%
14%
14 Va
10%
10
%1
30%
31%
14%
31
14%
14%
700
10%
10%
10%
17,600
3,200
IOVb
10%
IOVb
97
95%
95 Va
*95 Va
96%
•05%
96%
39%
39 %
40 Va
38
39 Va
39%
41%
40%
40%
39%
5%
5%
5%
5%
5%
5%
5%
5%
*5%
5%
*87%
88%
x86%
86%
*86%
17 Va
15%
16%
16
16%
16%
17 Ve
16%
17%
40,000
48
49
48%
48%
49»/a
49%
49
49 Va
1,300
bi'/a
fa3
bi
>a
bz
62%
62%
62%
63%
25,100
15%
15%
15%
16
15%
16%
16
16%
6,500
10%
>97
88
88
17
17%
10%
♦95 Va
17
10%
*48%'
49%
49%
49%
62%
62%
62 V4
bj'/a
15%
15%
15%
16
;
88
35
♦33%
35%
♦32%
34%
*33
35
13%
13%
13%
13
*13%
13%
81%
13%
13%
*13%
13%
13%
81%
81%
*80Va
83
;
*87
*80
'103
,
22%
•145
*•>7%
104%
*103 %
22%
23 Va
148%
28
*145
•*27%
103%
23 Va
148 Va
28
103%
22
♦145
27%
103%
13%
♦80VB
22%
22
148 Va
Vs
♦145
27Vb
81
103%
*103
27%
*80
*103
22 Va
23
148%
•145
27%
88%
'
96
96
430
40
41
16,100
5%
86 %
5%
87
1,700
80
27%
•33
35%
I 3
♦33
13
13%
10
1,100
39%
14%
♦13
Schaffner ft
9%
30%
20%
14'/a
*33
Hart.
50
9%
'38%
14
25
(W F)
800
2,800
30%
21
31
Printing Co
5
Hamilton Watch Co com
No par
4% conv preferred
100
Hanna (M A) Co $4.25 pfd__No par
Harbison-Walk Refrac com—No par
6% preferred
—--100
Hall
500
27
13
31%
H
Water
800
1,300
18%
39%
*60
31%
•
29 VB
21
31%
31%
14%
■
700
90%
90%
30%
*131 Va
:
13,400
12%
133
;■
Vb
38%
-
20%
♦131
133
*26
9%
*28
.
1
18%
91%
9%
9%
*20%
20%
133
29
26
5,300
>
6%
6
6
29
18%
37%
4
6
9%
*13
18%
4
Va
*18
♦90%
*29
17%
4
*28
5%
*18%
*90%
97%
17%
4
40%
*
18
100
39%
18 Va
*28
2,000
4,300
96
*96 Va
29
5%
5%
29
4
20%
48%
*94
97%
96%
*17
25%
18%
*25% ,26
10%
25
4
4
*92 Va
95
*16%
18
*95%
Utilities Co
39
97%
100
1
common——1
Gulf Oil Corp
*93
>
115%
20%
20%
47%
♦16%
conv
31% May
;v
40
*114
200
4,600
47 Ve
20%
17%
Gulf Mobile As
57%
39%
4%
-4%
115%
48%
*93
94%
*93
•114
* 115%
*114
21%
"
97%
preferred——
No par
Ohio RR com_No par
$5 preferred
No par
$5
115%
4%
4%
4%
4%.;
115%
21%
48%
3
Guantanamo Sugar
2
12
7
17% Mar 13
*114
*79%
80
48%
21%
48%
*94-
preferred
Grumman Aircraft Corp
:4%%
41% Mar 17
89% Jan
Co common
Common
2
97% Feb
21
4 Va
4%
*16%
3%% preferred
—
100
Grayson-Roblnson Stores com
1
$2.25 cum conv pfd
No par
Gt Nothern Iron Ore Prop—No par
Gt Northern Ry 6% pfd
No par
Great Western Sugar com
No par
7% preferred —
—^_100
Green Bay As Western RR
100
Green (H L) Co Inc
_
1
Greenfield Tap As Die Corp__No par
Greynound Corp (The)—
3
Jan
5
'
4% May
78
42% Jan
11
Feb
Jan
13% Mar
36% Feb
Feb
Jan
32
Motors
Steel
(WT)
♦114 *
115%
*113
:
49%
No par
Granby Consol M S & P
Grand Union Co—
City
4%
4%
No par
Hosiery
Graham-Paige
Granite
*4%
;
♦49
49%
*49
No par
com—No par
preferred
Gotham
16
16
com
preferred
$5
21% Jan
Feb
(The)
Co
Goodyear Tire Ac Rub
11
9
.
49%
Feb
12
■
49 %
18
28
;
No par
4%% conv preferred
50
Goebel Brewing Co
1
Gold As- Stock Telegraph Co
100
Goodall-Sanford Inc
10
Goodrich Co (B F) com
No par
Oct
i
?!
22%
21 V»
■i
!t
22
7
14%
.
*79
2
90
,
80
22
6% Mar 19
24
3,900
82
80
21%
33% Jan
Jan
18%
80
14
33
5,400
18%
18%
21%
17
Dec
18 Va
94%
21
27
23%
18 Va
*
21%
25% Feb
"
17%
18%
*92
94
21 Va
5% Feb
May
17%
Shares
31%
30%
30%
:
*79%
3% Feb
12 %
*92
18%
30
•92
94%
I per share
share
80
6
5% Jan
94 Va
the Week
S per
30
*92 I
Salat for
Mar. 19
22
9
18% Jan
18%
18%
29%,
30%
V94
Friday
Mar. 18
•
21%
9
101
18%
29 Va
'
Mar. 17
t per share
$ per share
30%
Thursday
Wednesday
>
*79%
2
44 % Jan
100
*92
94%
*93
<
22
Oct
34V2 May
,
80
Jan
8%
;
*21%
8% Mar
Dec
Jun
' ~-'V
"■
*79%
preferred
$4.50
41
May
5%
2
6
41%
31
53% Jan
30 Va
30%
30
v
HIGH SALE PRICES
Mar. 16
# per share
t per share
AND
Tuesday
'
!
?
Mar. 15
Mar. 13
Safety Razor
Glidden
5
1
Mar
99%
:
-
1,300
No par
,
27% Jan
Monday
Saturday
.
com—No par
$5 conv preference—..
No par
Gimbel Brothers common
5
12
18
71%
106
4
95 % Mar
3
Mar 17
,»,v Jn
,
STOCK
Par
Gillette
14
Mar
26 Va
21
60
26
27
•94
5
600
114%
*23%
100
■
2
36% Jan
27% Feb
Dec
49
$ per share
$ per share
Dec
103
26%
*113
*26%
com__No par
2,200
23%
*125%
22%
,
25%
115
2%
2%
12
500
Vs
♦125%
23
%
23
128%
4 Va
■
2'/a
12
800
2,000
'
J 21 Va
J* 125%
*23% ,24%
128%
51%
*12%
12
11%
:
12
51%
2%
2%
2%
*2%
*125%
25%
700
43%
123
98%
5,800
9%
121%
Va
15
2%
12 %
23%
*9
28,600
12%
97
15 %
♦114
98%
33%
96 Va
50
4%
9%
*98
98%
121
2%
;
123
*98
52
12
25%
35
94
9
♦15
115
34%
93%
*8%
18
23%
♦22%
♦113
34%
34
94
18%
4%
4%
32%
34%
35
*121%
140 Va
♦138
32%
34%
34 %
*17%
128%
142
3,900
50
32%
*93%
13%
12%
*125%
•138
10%
32%
32%
32%
32 Vb
13%
24
*23%
100
100
_100
♦34 Va
21
88%
*96%
2%
12%
No par
$6
35%
*34%
21
15%
•15
5
35%
21
18
18
No par
*34%
122
122
■
13%
*13%
No par
1
Co
76
121%
>
51%
122
*957/B
*73
43%
43%
*120%
10%
75
9Va
9%
*97%
*10%
*73
94
9
121%
10%
74
35%
34%
9
700
10 Va
74 '■•i,:
32%
♦93
94
10
10%
10%
73%
142
32%
35%
35
10
9%
IOVb
73%
21 %
*93
__10c
No par
1
EXCHANGE
Highest
Lowest
36%
17% May
■v
1,500
149
10%
35%
*139
32%
9%
9%
9%
10
10
10 Va
21%
:
par
10c
STOCKS
NEW YORK
Range since Jan. 1
Highest
90
100
9%
*145
149
1,200
104
9%
9%
♦146
149
♦146
152
*148
35%
142
32%
10
preferred
9 Va
2,100
76
10%
*73%
No par
z
9
150
10 Ve
10%
10%
76
*139
Corp
8%
8%
200
2,500
12%
*100
52
104
3,600
19%
12%
102
104
104
6%
31
II
'
*10%
com
*103%
.
51%
51%
51%
104
51
*100
102 Va
♦100
51
>103%
104
8%
-
"
102
.*100
51%
*103%
104
*30
102%
*51
51%
100
Corp
500
6
31
6
5%
18%
5%
6
No par
com
1,000
20
19%
19%
6
1
Corp
100
14
20
14
19 Vb
31%
Corp
preferred
3%%
*13%
19%
18%
No par
com
preferred
4%%
79 Vb Mar 10
23
Instr
13%
19%
Gen Tire & Rubber Co com
7
,
Time
*13%
13%
I
Year 1947
23% May
1,500
5,400
8
19
7%
19%
50
•
Castings
Range for Previous
$ per share
310
7%
19
19%
No par
Cement
Signal
*18%
19%
No par
com
Utilities
7%
18%
""
30%
5
Equip
13%
19%
7%
*18 %
f•
I per share
3,800
13%
7%
18%
'
Lowest
19%
*18%
7%
18%
30%
Gen
28
;
10
,78%
7
7
7%
7%
19
5%
28% Jan 23
24
72% Jan
*9%
18%
♦77
31%
No par
preferred
Steel
Gen
2
.i.—»
85
500
10
'.78%
1,000
38%
-19
77%
,
5%
pfd__No par
General Telephone Corp__
20
;123% Jan
14
1
Jan
108
7
22 Va Feb
22 Vs Feb
Feb
40%
13
25% Mar 18,
Apr
21 Vb May
85
Dec
5% Jan
4 Vb Mar 11
110% Feb
7
7%
*18 Va
5
Realty Ac Utilities
General Refractories
General Shoe Corp
12
May
*9%
18%
9%
180
14%
38
*30%
com
Gen
5
26
Feb
*6%
7
7%
'
6%
*77%
330
2,600
24%
*14
1.66%
Public Service
11% Jan
18%
78%
14
37%
9 %
9%
1
com
Advertising
13%
128 % Jan
18
*77%
13%
series
12
Feb
*37%
10
*9
6%
v,
100
Corp
$3.75
16
Feb
35
**22
No par
Motors
Preferred
Jan
Jan
*9%
77%
*22
*13 V»
preferred
$5
,
10
15
31%
9%
9 Va
35
100
20% Jan
16%
1,400
1,500
*89%
35
19
preferred
11
140
900
4,700
9%
9%
9%
9%
*18%
common
conv
General
2
Mar 15
122
Mills
12% Mar 17
>.
14%
26%
9%
9 Vb
14%
com
Instrument
16% Feb
Oct
14%
25
24%
37%
No
Jan
Dec
15
25%
25 V*
*89%
No par
Corp
Dec
May
14%
25
15%
14%
preferred
19%
19
16
15
X24
*9%
100
20%
ll7/a
2,000
25
*15
15%
37%
Co_:
Oct
125
150
300
26%
38%
preferred
13% May
Mar
3,800
13%
15%
14%
preferred
5%
.
2nd
Foods
General
2% Feb
13%
13%
26 Va
28
Corp
Electric
General
Mar
118% Feb
Feb
33%
16
14%
preferred
39% Jan
Mar
4%
13%
32%
26%
*37%
preferred
18%
2% May
100
300
1,200
.
.
99%
30%
50
Inc
Cigar Co Inc
General
2
40% Feb
J7
Bronze
4%
Mar 13
9
33%
99%
No par
24
88 % Jan
;
33
Baking Co common
38
Jan
7
33%
25
preferred
27
May
,
General
34 % Mar 10
Aug
15%
99%
10
pfd series A
20% Feb
16% Mar
45%
51%
*15%
33%
100
Feb
Jan
104%
51%
15%
99%
Transportation
General Cable Corp
Dec
-•
$4.25
19
11% Jan
Amer
General
138
*104%
50%
15%
*50
32%
$4.50 preferred
General
8
Feb
%
100%
_1
Investors
2
10 Ma
94
Jan
American
Feb
103
Dec
9
155
9% Mar 17
9% Feb
15%
..
300
32%
preferred
26
Dec
Dec
19
Industries
conv
11% Jan
Dec
123
5
10% Jan
Mar 12
29
104% Feb
28
Jan
58 Va Jan
6
Wood
4Va%
78% Jan
87
*100
102
7
11
34 V*
43
10
Jan
73% Mar 16
397/a
,
33
50% Mar 11
149
16
19%
*19
*98%
•
100
Gaylord Container Corp
149 Vi
50
*15%
No par
23
8% Feb
50
par
No par
13
Feb
600
18%
Co
18% Feb
13%
50
20 Vs
54%
(The)
Dec
Oct
20 Va
1
43%
1
23%
9%
21
55
com
14'A May
100% Jan
*20 Vs
800
96
44
100
5
Dec
21
♦20 Vs
20%
♦95
54%
20
10
Jan
102
96
43%
*19
No par
30
Dec
*94%
3,800
44
Co
Feb
xlOl
94%
500
22%
in
Feb
FMk
94%
21%
55%
~_i
(new)__I"l0
9%
100
96
22
43%
IZlNo
43%
Oct
22%
55%
No par
Aug
58%
22
19%
20
Gardner-Denver
Apr
22
22%
21%
400
9
44%
preferred
Feb
Nov
8%
8%
%
<;■
55%
(The)
Dec
48
8%
*8%
7%,
(Robert)
17 Va
100
16%
1
2
9
22%
43A July
16%
'
11
14% May
26 Va
16%
*44
Corp
12 Mi May
,
*16
8 %.
20%
preferred
20
18 Va Mar 16
7% Feb
16%
*54%
Sugar Co
cum
16 Va
Shares
37
16%
*94%
Froedtert Grain Ac Malting Co Inc_l
Fruehauf Trailer Co common
1
4%
37
8%
*94%
No par
Sulphur
8%
37
*19
*
Machinery Corp
12 % May
8%
23
3%% cum conv pfd
Foster-Wheeler Corp common
6% prior, preferred
23 % May
Dec
8%
•35
10
Ino
Food Fair Stores Inc
32 %
the Week
36
25
Florsheim Shoe class A
Follansbee Steel Corp
19 A May
Sale* for
t per share
36
16%
*36
23
100
Florence Stove Co
Jan
May
•
14 Mi
share
Friday
Mar. 19
Mar. 18
f per share
t per share
yI
Stores
Power
Thursday
Mar. 17
com
preferred
Florida
16%
5
r"$4 preferred.^
May
18
1
21
37%
16%
23%
j
Wednesday
37
37 V*
16%
8%
(The) Carpet Co
No par
Flintkote Co (The) common__No
par
99
24
t per share
37
*23
Mfg Co
Corp
National
S per
100
preierred
17
PRICES
SALE
Mar. 16
16%
Firth
May
|
Tarrant
Enamel
'-4%%
51 Mi May.
*35%
No par
com
Fidelity Phen Fire Ins N
Firestone Tire As Rubber
2
105% Feb
convertible
1
HIGH
AND
Tuesday
Mar. 15
t per share
Nopar
Federal Motor Truck_
Federated Dept Store,
58% Jan
11
Feb
5
21% Jan
28
Feb
.
LOW
Mar. 18
Federal Mining Ac
Smelting Co
Federal-Mogul Corp
21% Jan
•
Monday
(1269)
RECORD
Saturday
STOCK
.Par
12
Jan
99
CHRONICLE
STOCK
EXCHANGE
25 Va Jan
10
20
42'A
NEW YORK
18% Jan
20
46% May
1
37% Jan
16
20% Feb
YORK
* per share
11
FINANCIAL
STOCKS
Highest
* per share
Feb
28% July
Apr
97%
share
423A Mar
May
16% Dec
32
19
Lowest
Highest
Lowest
&
*13%
13%
600
133/#
♦13% .13%
300
35
81
103%
23
148%
27%
80
-*103
23
*145
*27%
80
103%
23
60
30
1,100
148%
28
500
STOCK
Range for
Previous
Lowest
t per
Highest
share
6V4 May
75% Dec
$ per share
IOV4
May
4% May
Dec
22
May
90
Dec
35
May
X95
Dec
$ per
Feb
12
73
Feb
9% Oct
Nov
68
Dec
165
78
May
50 % Sep
126
29
22 V4
Va
Feb
121
38
Oct
134
20
Sep
29 Ya
Jan
13
13
42
Jan
2
Jan
46
Mar
Dec
87
Sep
Sep
Jan
26
!•*%
Jun
22 Va
Apr
21% May
14% May
33
Dec
—25
,—100
5
Hercules
2
Jan
8
2.
30
122% Jan
4
12
27% Jarl
9
~
X20% Feb
2,
16
Feb
17
14% Jail
Mar 18
2
81
Motors
5%
preferred
*
-100
Hershey Chocolate com—Nn par
$4 conv preference—
No par
He Witt-Robins
Inc—
5
Heyden Chemical Corp
—1
3% ft cum preferred—100
Hilton Hotels Corp————5
28
Mar
1
30 Vi Jan
x29%
Nov
20
Feb
24
25% Jan
2
Hires
31V4
Jan
21% Feb
5
26% Jan
5.
Holland Furnace
20 V<
Oct
15
Jan
2
Hollander & Sons (A)
20% Feb
25
&>———10
Hinde & Dauch Paper
8
Co
(C E)
*28%
25
Jan
Jan
48
Jun
30
Nov
36
Dec
26% Feb 11
35% Jan
2
19%
Feb
14
17% Jan
5
Houdallle-Kershey
:
Holly Sugar Corp
42% Feb 24
13 Vh May
Dec
56
Feb
36
28 %
Jan
36
Oct
29% Feb
85
Dec
105%
Sep
89
Jan
37 Vs
May
45 Va
Jun
38
Mar 12
42% Jan
5
16%
Jan
28%
Den
20% Feb
11
28% Jan
12
20 Yt
Dec
29
Feb
19
Feb
11
22
38% Mar
33
Jan
31
41
4% Jan
9% Jan
2
7
44
31 Va May
3
May
7%
7% May
33
Feb
13% Mar
May
43% Feb
21 Va Oct
12 Va May
30
9
46%'Jari 14
Feb ;27
.
34% Jan
10
14%
Jan
7Va Feb
3
3%%
18
40
*38%
*30%
31 %
91%
90%
90%
38V#
38V#
38%
38%
23%
23%
23%
23%
5%
*19
^20
*38%
/
38%
5%
u
:
*19
y
V '
20
38%
40%
5%
6
5%
preferred—,-^—100
10%
11V2
10%
Hudson Bay Min & Hm Ltd—No par
Hudson Motor Car—
—No par
2
35 V»
35%
35 %
15
non-cum
Hunt Foods
5".
2
:Hupp Corp—
15%
16%
•
.
10
'
38'A
*38
38%
98%
98'%
7,400
86%
54
*53
55
*54
143
*140
*23%
18 V#
-
115%
*23%
24
49%
7,600
...29
124,
29%
'500
,115
115%
150
*24
24%
*123
24%
18%
'■
18 V#
18%
80
80
12
18%
48%
500
115%
*28
81
100
"
16%
29%
124
124
116
16%
48%
48%
123 Va
29 Va
116
50
•150
143
16%
*15%
16
48%
48
*28
800
300
55
*140
'■./
,V
38'A
98% /
143
123%
*80
98%
6,600
22
38%
98'Va
'
:
,;23
*84
*15%
12%
170
18'A,
-..*79%
80%
12
2,200
'
12 V#
r
11%
11%
28
28
*27%
29
*27%
20%
*20
20%
*20
20%
*22%
23 %
22 Va
23
*
13%
*13%
14
40
29
*20
13 Ve
18%
38
29%
23
100
183A
18%
18%
18%
1.200
37%
38%
38%
39
6,500
29'/a
29%
29%
l47/8
14%
39
31%
31%
*30%
91%
*90 3A
91%
38%
38 %.
*38%
22%
23%
23%
*18%
19%
*18%
24
90%
9Q%
.
39%
„
1
100
700
40
.
900
19%-
40%
5%
25%
19%
40%
240
,..
24
53A
5%
31%
19Va
39%.
39
1,600
39%
*31
.
1 300
15
*38%
1
39
>
.30%
14%
31%
*90%
30%
14%
39
r5 V\
300
2,000
14
18%
39%
38%
300
,38%
147/#
"
5,300
23
*13%
*37%
41
4"
5,900
100
5.500
53/^.5%
7 800
-.
10
*9%
11
9%
9%
35 Va
35%
35%
35%
35%
35%
15%
15%
15%
16%,„
16
16%
16%
1.000
3%
3%
5,800
xlO
35 Vi
14%
i5V#
14%
15
16
16y«
16 V#
ley#
16%
3 V#
3%
3%
f
-r3%»":""3%-\^;
3%
21%
86%
*52%
48
35
'
*84
16%
15%
17%
3'A
-\
*22
15%
15Va
—,1
—
35%
*16%
Iuc——a—6.66%
10%
,
21
23
200
1.100
7*4
86%
*140
20
23% * 23%
13% 13%
19
19Yt
38% 39 V#
29 1.
29%
14 V2
14%
'
*38% 40
31%
31 Va
90%
90%
,^'<38%
39 V4
1 22% 23%
*18,Va
197/#
39
40Va
5Va
5Va
10V#
IOV4
40%
30 Va
30V2
Hudson 3s Manhattah common-x.100
6.
4% Jan
Mar 16
14%
*90%
Mar 19
Jan
29%
14%
7
.
21
23
98%
20
39%
29%
15
39%
29%
7%
*37
;
.
19Va
100
Mar
■
9
21% Jan
13
preferred—
39%
*38%
'
...
.7%
*22
21 %
Sharet
~
116
<11°
*23'A 24 /a
18% 18%
*.£80 •
81
11% , 11%
28% 28%
.
14
19%
39%
-No par
com
Howard Stores Corp——1
Howe Sound Co——:
5
Jan
"38% Feb
Mar 17
Finance
*13%
19%
*14%
preferred-———-50
conv
14%
*28%
'
-—No par
com
20%
24%
Houston Light & Power.—No par
Houston Oil of Texas vtc—
25
5
12% Jan 21.
7
15% Feb
$2.25
Household
2
91% Mar
6
34% Jan 20
.
15V4 May
3% May
Mar
—:
*19%
23%
*19%
Homestake Mining--—;
12.50
Hooker Electrochemical Co—;.
5
17
*
23%
*13%
10
May
35 %
13% Feb 11
15% Feb. 14
37% Mar 18
29
20
23%
—5
—5
(Del)—
*116
118
*23%
24%
18%
18%
*80
81
'
12
12
*28
28%
7%
•
6%
74%
7%
7
6%
*72%
'
*85
'123V4-124
28 - 28
:
6*A
74%
*7
7
21
98 /a,
47%
r .
,
20
—1
The
48
48Va
*123% .124
*29
30,
6%
*72%
6%
74 Va
6%
*52% 54
*140
*140t,
*15%,;.16%' ---HS%;, 16
.
share
Sales for
the Week
$ per share
share
$ per
7%
*22
Friday
Mar. 19
Mar. 18
7
53
143
53
124
29
'
117
*23
24%
18%
18%
*80%
81V2
11%
11%
•
-38
72 Vi
7/a.
^8%
V
.
85
38
98%,
.98%
i:
21
22 A
85
': \
86
38%
,--..*84
vl
*38
*123
29
*116
—
23
73
21
22/4
7/a
21'/#
6%
$ per
*6%
*
73
7%
.6%
.
Thursday
Mar. 17
6%
I^%
76
7%
,
SALE PRICES
Wednesday
HIGH
Mar.
J7/#
-
20%*22%
-
53%
*140
143
15%
15%
47%
47%'
Hercules Powder common—No par
2
*6%
*73
7%
*52
——No par
17V# Jan
11% Mar 16
Dec
—100
preierrea
53 V* Jan
Mar, 9
80
Jun
7%
,
cum
(G W) common
non-cum preferred
128% Feb
27% Mar
Feb
2
3.65%
Helme
9
18% Mar
10%
142 Va Jan
10.
Feb
21
19
<86
*38
38%
*98 V#
98%
*K4
25
*
,20%
23%
*23
—100
21
Mar
115
Mar
Jan
—15
3%%. preferred
*
Helm (H J) CO common
1
99
55
7
14% Feb
63
118
27.
9
"
Hazfii-AUas Glass Co—.——.«—5
common.——
t per share
~
,
6%
76'
7%
7%
20%
Inc.——.—-—1
2
Hecht
Co
$ per share
S per share
*6%
*73
*7%
6%
1
—100
preferred
Hayeb Xhuusuiea
Hayes Mfg Corp
8% Jan
class A—
26% Jan
95% Jan 23
134
Dec
4Y*%
Jan
Feb
140
Hat Corp of Amer
/9
T"e'd"
LOW' AND
Par
share
Monday
Mar. 15
*
-
26 Va Jan
14
51% Feb
>
EXCHANGE
Jan
37
Feb
NEW YORK STOCK
8% Jan
Mar 10,
21% Feb
Jan
14 %
79
U
11
«% Feb
x20
Jan
140 %
$ per
7% Jan
Mar 16
6% Feb
35% Jan
30% Jan
103% Apr
42% Feb
108
July
49%
share
6% Feb 24.
100% Apr
6
25
Range since Jan. 1
Lowest
Highest
1'
i"
STOCKS
Year 1947
.
RECORD
Saturday
Mar. 13
NEW'YORK
Monday, March 22, 1943
FINANCIAL CHRONICLE.
&
THE COMMERCIAL
(1270)
1§
,
■
V*
3%
•
,1.000
3.400
17.900
..1
■'.
30
May
39% Aug
'
32
Mar
32%
Dec
37 Va May
93
Jan
•27% Mar 16
64%
Dec
62% Feb
97'
Aug
IS
95% Mar 16
Jan
26%
Dec
7% May
24% Jan 22
11%
Dec
9% Feb
Jan
X21
Dec
30%
35% Jail
3
18% May
5
Idaho Power Co
20
*32%
33 %
327/#Jan
2 ; *
Illinois Central RR Co common—TOO
29%
29%
11
pfd ser A-100
Jan
9
6%
96% Jan
2
Leased
28% Feb
2
RR stock ctfs series A—-—'1000
11% Jatt
2
,72
11
conv
non-cum
lines
4%
Illinois Terminal RR Co
£0% Feb
17
Jan
17
July
14
Feb
27'
15% Jan
50
Dec
39
Feb
10
49% Jan
5
Industrial Rayon—
Oct
119
Feb
20
130'/a Jan
9
180% Feb
150
Feb
10
107
May
169
Dec
33
136%
Apr
34% Mar io
40% Jan
17% Mar 19
Feb
15% Feb 11
6% Feb 11*
50
Jan
40
108
Mar
8%
May
Ya May
7
15 Va
95"
Feb
Feb
21%
162
May
10%, Feb
,
3V4
23%
Dec
130Va July
38% May
94 %
Dec
Feb
Dec
Business
Int'l
Harvecter
2
7
5% Feb
11
6% Jan
11
33% Jan
j
Feb
24% Mar 16
135
Jan
Jan
Jan
5
28% Jan
9
2
136% Jan
21
53% Jan
2
86
96
May
16
104
Dec
116
Feb 28
% Jan 15.
13% Jan
7
9% Mar 19
—No par
—
,
t
Int'l Mining
4%
«•.
& Chem
5
common-
Preferred
$4
—
—
International
*25%
par
25%
25%
25 V#
preferred————No-par
*91
*51
40
*39%
40%.
43
Mir 12
56
Jan
5
3Q
Mar
34
Jan
28
International Silver common——_25
7% preferred
—
-,j__25
14 % Jan
24
International
63%
Oct
40
Feb
17%~Feb
17%
Feb
Apr
26%
Feb
20
May
27%
Oct
143% Jan
158
Aug
11% Feb
4
11
11% Feb
Foreign
Jan
2
-5
21
9
22% Mar l
29% Feb 18
137% Jan 16
33% Mar 12
140
Jan
I9
share
Island
$6
Creek
Year 1947
6% Jun
19% Dec
Dec
39% May
89
Dec
$ per
13%
Feb
24% July
104% Feb
53
Jan
$ per share
$ per
I9 Mar 16*
6
9% Jin
20% Feb
5
92% Jan 30
144%
Saturday
Par
•
:.
$ per share
125%
Oct
100% Feb
11
34% July
20% Feb
19
2
9-
5
98
Dec
112
Jan
100.
145
Dec
Feb-. 10
102
Jan
12
151
Dec
145
27% May
86% Dec
Jan 29
152
Jan
6
39
Feb
29% Mar 16
34 V# Jan
101%
Feb
83% Feb
89
40%
Oct
31% Feb 11
5
Jan
13
40% Jan
2
(F I> Co—
Jewel Tea
C* Inc
15%
10.500
7%
7
7
7
7
3 400
2%
*40%
42%
*40%
42%
96%
'
97%
96%
96%
210
2%
2 600
2%
•
2%:'
12
12
132
133
84
2%
12%
13
4 300
135
2.900
84%
83%
:: 200
,133%
12%
135%
:
QS
Qi
6,800
162%
162%
460
5%
5%
2,300
x25%
25%
*26%
27
26%
26%
75
*74
76
*74
75
75
75
3Vs
3y#
400
2.300
18 600
25 V#
26 y#
25V#
26%
136%
136%
*136%
137%
43 Va
43%
44%
43%
46
93
*01'A
94%
*91%
94
*91
10 V*
.
,
10%
*ioy#
10%
98%
*06
98%
*51
53
*52
53
53
53
40
40
40%
40%
40 V4
39%
44
45
34
*.n
39%
180
97%
/.v. 400
46%
47
47%
34%;
31
31
12%
12%-Y
12%
12%
12%
12%,
1 300
2 600
13
12%
12%
11%
12%
12%
12
12%
48%
47%
*31:
:
.
50
1,500
10%
97/#
*95 ;
,
11,600
*96
.
1,000
3%
3%
136 Va
10%
•
3%
25 Va
42%
98%
'
3%
5%
*136
93
53
3%
163
25
25
18%
*140
19
18%
19
23%
22%
22%
32
32%
32%
*30
144%
*140
144%
No par
com
3%% cumulative preferred
.100
Johns Manville Corp comJ
No par
3%% preferred——
j.100
Johnson & Johnson common—12%
4% 2nd preferred series A—100
Joliet & Chicago RR stamped100
Jones & Laughlin Steel cora__No
par
5 % preferred series A—-i_l00
Joy Manufacturing Co—.
1
7%
*40%
*7%
40%
*92
93
*36%
105 V2
*140
7%
7
*20%
.
*18%
"■$
share
,
.
Wednesday
■
Mar. 17
7V4
per share
7
21
*20%
89
89 %
40%
41
93 Va
22 Va
100
34%
33-800
19
19
3,500
*23
,23%
:
144%-
*30
*140
I
32%
400
144%
32
-
600
19
22%
,
/
500
40%
41
93%
*92
*92
89
7
22%
Friday
7%
share
'
*20%
21
*88%
89
41
41%
93%
*93
,36%
35%
36%
34%
35%
34%
105 %
"104%
105%
"104%
106
*21%
22
%
102
*101%
102
'
*142
150
*142
150
30%
*21%
22
22
102
102
102
"142
155
"142
23
23%
7%
1,600
21
89
*42
94
34%
"105 V#
v
25
"142
155
"142
155
29%
29%
30%
30%
*84%
86%
85%
85%
85
86V4
85%
65%
33%
337/#
33
33 V,
32%
33
15;
15%
1,000
103
29 V*
34
100
25
"102
30%
33%
5,900
36
102
29%
86%
10
'
105%
102
102
155 "<■
"90
500
43
94
1
35
105 %
Shares
*88!A
41%
105.%
share
*20%
,
94 Va
.*
$ per
7%
7%:
21
the Week
•
Mar. 18
89
Sales for
May 19
Thursday
$ per
:.36%
*105
*101%
30%
v
Mar. 16
$ per
21
41
,
*21%
•;•
90%
.*.92..
36%
*104%
Tuesday
Mar..lS>;,
90%
Mar 19
4 600
17%
25 Vb
3 Va
.
'*30%:
S pet share
*20%
94
36%
16%
*5%
Monday
Mar. 13
91
44% Jan 30
40
35%
17
LOW AND HIGH SALE PRICES
*
21
18
158
36%
16
162%
*22%
'
144%
*7%
10
*155
1 500
'
.
,
33%
*140
156
123
35%
12%
24/
.,32%
156
122
1.300-
35%
11%
19%
■
123%
5%
•43 Va
J13
*18%
121V#
162%
39%
-
12%
*23
120%
5%
10
'
19%
33%
*90%
13
Jan
12%
*20%
Feb
6
13%
—_1
92
.Jan
12%
2 000
162%
.■:*%
•
600
42%
,
5%
163
*51
47
Jaeger Machine Co common—No par
Jersey Cent Pwr & Lt 4% pfd__loo
34% Feb
26% Jan
46
Jacobs
Oct
83
*97
,
:*31„,.,
13
3
Sep
41% Jan
46
2
46 Va
111
*140
132
84 Vs
*91
100%
24 Va
33%
132 Va
44%
10%
-99%
'
STOCK
share
19% Jan
39% Feb
*19lA
*23
EXCHANGE
83
•Jan
1
—
NEW YORK
Highest
104%
Jun
108% Dec
24% Sep
share
*12%
,-Nopar
*10%
35
12%
__No par
preferred-..—
Range since Jan. 1
Lowest
*31
par
new—50c
com
"stocks.
*
Highest
I per share
Coal
40
45%
—No par
ctfs
Dept Stores
Intertype Corp-^--—;
Range for Previous
Lowest
Telep & Teleg—No
Interstate
25% Jan
14% Jan
11
17% Mar
24
-No par
2%
11%
136%
53
International Shoe
2%
11%
*136
,
53
45
1A
93
101
Dec
14%
98
43
*51
.11
22%
41%
98
24%
,
101
45
Jan
25%
45
:
*22
*14%
22
75
*10Va
—No par
2 300
25 V#
,
135%,..
*91
9%
14%
99
162
■
Int'l Rys of Cent Amer corn—No par
5%
preferred
—_--100
Jan
29
Jarf 29
93
350
9%
5%
•
60
27 Va
42%
42
83
96%
'
27%
14%
14%
*40
.
*400
«
*41%
21%
42
132%
.
3%
44%
*6%
67/#
•
22"
44 600
69
V *95-%
•
9%.;
42
-
2%
76 Va
135%
44 Va
15 Va
11%
International Salt
99% Mar 16
52% Jan 24
39% Mar 16
54 Va
135
44 V2
35%
15%
6%
26
3%
*75
35%
15%
*40
•
6 V#
26
26
3%
Feb
107% Jan
6 Va
*154
158
9%
98%
163
162
6Va
75%
135
120'A
"84
*3 %
;■
121 %
35%
27
2.7
1.800
29%
158
21%
,'22..
*154
133
83%
75%
-
15
com
132%
9%
41%
2%
84
164
9%
*14'A
12
l
—
100
:
—
Paper Co
2%
96%
26
.,41%
99
12
*95%
25%
6%
130
J:
6
preferred——————j-ioo
International Mining Corp
Int'l Nickel of Canada com—No
2%
11%
163Va
-
Feb
19
25%
new-No par
58%
9V2 May
9% May
37
*2%
*11%
120
837/#
—
96%
121%
•'
41.
*98%
'99Va
*95%
14%
15%
6%
70
42 V#
35%
41
*68%
i'-
-33%
.
28%
*68%
69
26
AC
-33
*68.
95%
93,'«
156
15%
'
40
«*98%
28% •;
25%
;
'
42%
35%
7
33
28%
95%
122
*153
15%
7
Rubber——_No par
No par
Apr
40 V4 May
32
Jun
80%
15%
40
.
preferred
—-_100
Int'l Hydjro-Electric Sys class A__25
20
4
35
—No par
100
42%
121%
156
33
28%
-;:v*21%:.
22%:,;'-. 1
14 Va
14%
,
*14%
42
35
32%
27%
9%
V.22V
;
32%
28%
67%.. .68
'
27%
.:
122%
*153
70
96 Va
.
9 Va.
14%
*122
—No par
common^
21%
41%
1
Machine
7%
8
78
9
3 V# Mar 16*
42% Mar 17
1
-
139
Oct
9
37>/a
Int'l
10
23% Feb
Feb
Sep
Feb
46%
19
74
59%
107 %
Inl^iiake Iron—
Feb
Oct
137
Intercontinental
2:
92% Jan
Jan
36%
6
167% Feb
34%
5%
3% Jan
14% Jan
11
Feb
96
Dec
8
Mnr 10
80
186% Jun
22 V4 May
Dec
Jan
10
July
Dec
76
103
125% Feb
Jan
;
3
11
,
9%
'
*26%.
27%
*14%
par
De Mex, S A—
Interchemicai Corp com
4 Va ft
preferred-.
5
„
*95Va
9%
Inspiration Consoi Copper—-20
Insuranshares Ctfs Inc.—1
Jan
11% Feb
70
>
46
2% Mar 10
July
9
Electrlca
Inland Steel Co—-.—
2
7 y# Jan
Industria
11
96 % Mar
163
6
Indianapolis Power & Light—No
*!
Mar 18
Oct
Nov
Sep
35 Va May
Dec
9
.
9
28
42
100 V4
3
156
.
17y#
12 % May
6'/a
22% Jan
*68
*26
Ingersoll-Jland common——No par
6% preferred
-,r—j:_100
12 V#
69%
96%
•
32%
27%
28% '29%.
*95%
—5
X35% May
j
*68
100
32
*32%
'
s
33%
24%
.
80
31%
10,800
30%
30 Va
86
86
86%
800
33%
33%
34%
4,200
400
K
14
94
Jun
Dec
22%
Feb
14
Feb
11
17% Jan
2
108% Mar
90
Feb
17"
93% Jan
13
11
29% Jan
2
16
May
47% May
13% May
20% May
29%
Jan,
41% May
Apr
21%
Dec,
103
Dec
11% May
65% Jtln
25
90
May
Dec,
34
Jan
48% Mar 12
54
Jan
5
14% Mar 17
20% Feb '20
16 y4 Jan
15
24% Jan
10
■17
2IV4 Jan
2
Nov
Feb
10
52%
Jan
42 V4 Feb
49%
Feb
38
Feb
13
43
Jan
31
27%
...
Feb
19
Feb
11
23
Jan
8
116% Feb
13
»20
Feb
Jan
63
49 Vi Mar 19
92% Feb 21
11% Feb 19
85
38%
Oct
102 Va Aug
40
Oct
45
Jun
59
40%
Apr
52% Oct
4% May
23% Feb
18
26% Feb
21% Oct
'7
Feb
Feb
>
103% Jan
32
Feb
-
5
45% Feb
Dec
20%
Jan
Dec
For footnotes
Jan
see
page 24
19
20
2
50
Feb" 3
"5% Jan
Feb U
20 V# Mar
Jan
46 Vt Jan
4% F»b U
'
2
95
16
9
2
38 % Jan
13
Feb
Jan
34% Jan
13
41
17
75
29% Feb 11
91% Jan
2
13% Jan
Mar -8
1/256 Mar 11'
9
10
_
*15
15%
*92%
94%
Kansas City Rower 3s Lt Co—
58% July
13%
36
Dec
Kalamazoo Stove 3s Furniture
-
2
17
l/64;Mar
10% Jan
9
23%-Feb
17-
9
3.8%
preferred
—1_100
Kansas C|ty Southern
4%
non-cum
com
No par
preferred——
100
Kays^t (Julius) 3s Co.————_-5
Kelsey Hayes Wheel conv class A__1
27%
28%
49%
*15
15%
*15V#
15%
20%
*17%
Kennecott Copper
.—No par
Keystone Steel & Wire Co—No par
*36%
1
.1
Kimberly-Clark Corp com-__Nopar
4% conv 2nn preferretL—1.100
Kinney (G R) Co common..—
1
$5 prior preferred
Koppers Co Inc
-—No par
common..
10
Cumulative preferred 4% ser._100
Kresge (S S) Co—
10
—
Kress
(s H)
3s Co—
No par
No par
Kroger Co (The)
Laclede Gas Light Co_.__
Rights
Consolid 6% pfd—.75
Lambert Co (The)
La
4
-
>
Pe~sos
Mex
Nopar
45%
*19%
17 Va
45V4-
♦20
17%
26%
26%
26%
27%
48%
49
49
50%
48%
49
15 " ■/
14%
14%
14%
21%
14%
14%
1,200
20
20%
200
21%
17%
45>/4
*20
63
17
30%
92
33
33
47%
47%-
42
42%
42%
4%
4%
1/256 1/256
4%
47/8
1/256 1/256
'
9%
21.
9Va
.22
'
'17%
17%
"45%
47 Vt-
36%
19
19
96
90
*94
30
48
42
17 Va
45%
>
37
19%
*92%
33
47%
*20%
96
63
30%
92
.44%
*36
l47/»
21
19%
*11%
63
93%
36%
267/#
*49
96
12%
30%
21%
27%
17%
20
♦92
21%
15%
94%
44%.
;•;'• 36%
96
*11 Va
*30%
10
15%
*92%
■
36%
19%
64
*9%
15%
94%
27%
15' *"
'
45%
■
96
12%
33
*14%
*92%
48%
49
36 V4
95%
*63
15%
94%
.
'
20%
95 %
*11%
*14%
*92%
25%
27%
49
37%
:
15
94%
20%
*20%
27%"
22
18%
B
15
A. *92%
^92%-s
*48%
1
class
"
"
*11%
12%
63%
*11%
*62
64
*62%
30
30
30 V#
93
*92%
30
V
93
32%
32%
32%
47
:
33%
48
47
47
* *42%
4%
1/9F6
*,-
/
*9V4
X20%
19
12»/4
43
43'
1/256
lo
20%
*42%
4%
1/256
49%
12%
*11%
.
900
18 V#
46%
*36%
64
•■;
*17%
36%
19%
96'
30%
8,900
500
,
26,200
300
37Va
19%
1,700
19%
96
96%
130
12
64 '
140
64
30
30%
■
-92%
92%
*92%
93
1,500
'50
33
33%
33
33%
6.000
46%
47%
48
48
2.300
43
427/e
42%
5
4%
1/256
1
1/256
4
*9%
10
*9%
20%
1/256
10%
20%
20%
20%
*42%
5
43
5
1/256 1/256
9%
9%
20 V#
20%
900
13,100
177,600
200
800
Volume
167 ' Niimber 4683
THE
COMMERCIAL
NEW
&
FINANCIAL
YORK
STOCK
RECORD
-
y;
,
Range for
Previous
Range
Highest
fper
$ per share
share
$ per share
Feb
Feb
35
Mar 19
44
Feb
23
Feb
27
May
21
J/4 May
20%
95
Dec
101
.; Apr
12
48
Mar 19
Jan 30
Jan
95 Vs Jan
31
V 9 % May
12%
Feb
10
11
30% Jun
41/2 May
44%
Jan
30%
9
Feb
4% Mar 16
V, 3%
.
Dec
19%Jan
6
Feb
5% Jan
19
Feb
Jan
-25
May
17.
Feb
9%
24 •
Jun
38 Vs May
10>/2
16,%
Feb
11
,
j'40% Oct
29 % Mar
78
96%
May
169
Dec
X48
12%
Dec
10
19 % Jan
12
56% Jan
5
9% Jan
38 % Jan
9
2
91
8
uZ
XV-u, A
X.
Aug
37
Feb
°7 U
Oct
J,
26
p->.
Jan
173% Jan
14
-n
41
29
10% Jan
5
TaL/fV/rL°rPTn--u-T-~—--—5
Preferred
Tulip
tu.VT
Lily
T
Cup Corp_
^a-Hamilton
Co—
17% May
83%
9%
18%
46%
18
46%
18%
18%
46%
46%
8%
9
9
31%
32%
83V«
83%
*31%
83%
170% 170%
41
*
58
,10
18%
17%
18
*59
68% Jan
5
25% Jan
5
15% Jan
Lorillard
Jan
141
Jan
60
59
60
58%
21%
22
22
22
22
22
58'%
21%
18%
Star Cement Corp——No
par
Long Beit Lumber A_„
No par
5
18%
18%
18'%
18%
18%
18%
146%
146%
146%
*78»/4
Lone
Co common———10
7% preferred—
100
Louisville Gas & Electric A_.No par
Louisville ii Nashville
50
Lowenstein (M) & Sons Inc com—1
Oct
20
Feb
25% Jan
9
Dec
101% Aug
92
Mar 17
96% Jan
15
4%%
cum
26% Oct
pfd
19% Mar 17
24 % Jan
8
Lukens
Steel
Co
MacAndrews & Forbes
series
A
*146
'*21%
39%
20%
—100
80
V
.
18%
20
6 800
9
6.300
32%
32%
85
84%
172
172
41
*40
10%
10%
2,100
32%
1,000
85%
1,700
110
172
41%
1,100
10%
14,800
400
57%
56%
56%
32
32'/a
31%
32
4,200
18%
18%
18%
18%
1,400
*80
*80
85
300
85
19%
19%
20%
53,100
17 7 8
17%
17%
12,700
59V*
21%
18%
59%
59%
59%
60
21%
21%
21%
22
1,400
18%
18%
18%
18%
1,400
145%
*145
145%
145%
21%
21%
21%
21%
39%
39%
38%
39%
39
39%
*21%
22
20%
21
21%
21%
21 %
92%
*90
92%
92
*19%
20
19%
39%
*21%
21%
93
20
145
180
200
22
39%
5.800
23
23
19%
1,900
39%
39%
*91%
92
20
145
22
*21'/8
21%
*91
21%
47
19 y6
22
20
18%
9
*56
20
17%
39%
20
18%
17%
18%
17
146
146
3,900
300
46%
10%
f»*%
31%
92%
*91
...lO
80
9%
9
41
10%
18%
80
18%
L7%
58%
*9y8
18%
84
84
10%
.*56%
1,600
43%
46%
♦169%
41
*79%
10%
58
2,uo0
6%
42%
9%
*32
84
40%
40%
23 'a
6%
6%
42%
8%
172
17
40%
.
1,300
18%
32%
*169
22%
3,800
46
9
80
19
*38%
41
18
28
11
33'A
18%
19
29%
-
170 % 170%
18
27
13% May
93
46%
18%
Feb
8
18%
No par
57% Feb
44% Jan
9%
9%
18
18
38% Mar 16
42%
42
18
Inc
(Pi
42%
9%
42%
*9%
,9%
83%
83
169
42
18
19% Feb
Feb
50
18%
80%
19%
Oct
53
*25
23
6%
18%
Jan
Dec
50
22%
6%
19
fr>/4
39%
*25
*6%
55%
—
21%
27
50
22
,
x31%
Loews
14
*20
21%
6%
K6'A
Pll Co
———No par
Carbonic Corp com—No par
Jan
50
22%
6%
lO'/a
Belt
Lion
23% Jan
*25
22%
7
31%
3%% conv preferred
I——100
Lock/need Aircraft Corp——_—_l
149
3,900
9%
18% Jan
6
2
31%
Link
Liauid
11
2
31%
20% Mar 19
Poii
2
31%
33
Jan
2
32%
13
2
29 %
2
*56%
32%
27
Dec
1%
No par
15% Feb
21%
l%
10%
13% Jan
172
1.700
l%
10%
Feb
Dec
5
—-—5
Corp
79
137 y2
31%
4%
10
.
*38%
Feb
58 V's May
10%
31 y8
5>/e
10
31
No par
4
2
10'/8
31%
*4%
33
33
83
169
-100
------
9
9
10 y8
31 y4
9
9
33
Liggett & Myers Tobacco comrw4-25
34
Mar"
23% Jan
Jan
10
22%
7
46%
200
97%
4%
18
46%
9
24
10%
17%
17%
46%
700
*23%
*95%
31%
LiKJ KlnScinr^-pr——Par
K uIdn Ford Glass___-No par
Libby McNeill & Libby
7
V-
*95%
24%
97%
3,600
36
97%
9%
r
*21
50
35
50
*2$
22%
7
23%
*48'A
36%
4%
*9%
66
Feb
50
23
..
*35
12
*30%
9%
18
'
-
9%
55% Mar 16
1W
12% May
17% Apr
7
38 Ve
11%
50
Shares
share
4%
97%
10
31
42%
2$
Dec
*25
*22%
*48
23%
24
*95%
10%
31
2
2%
11%
10%
48%
Sales for
the Week
$ per
4%
97%
10%
*4%
42%
109%
10% May
2
11
10%
*47%
36%
10%
48%
36%
Friday
Mar. 19
Mar. IK
$ per share
2
30%
5
Thursday
'.
5
*95%
30%
10%
Mar. 17
$ per share
*95%
-42%
28 % Feb
13
*23%
Lehh1& PHH? p??'*42
Piod Corp
5
'
Jan
Jan
23'/a
97%
4%
Lehn & Fink
Dec
11
23%
* 95 5/8
par
Dec
Mar 16
10%
48%
37%
*30%
10%
Mar. 16
10%
*47%
36%
24'%
"
•
$ per share
*36%
■>23%
preJerred—--50
Ist^referfed.Jopar
No
2
Jan
10%
*47%
49
38
•Lehigh Valley Coal com-;.„U,.-*-—1
35%
Dec
47'/a
*36
'
i!! S! 28 .^,N"jgati°n oo—10
Leh lh v!'i£
me —-—.-25
Benign Valley RR—
50
50c noiv-cum 2nd
pfd—
Mar. 15
$ per share
10%
■ ■
LOW AND HIGH SALE PRICES
Tuesday
Wednesday
Monday
Mm. 18
9%
5
5
20
165% Feb
? Sons Co com——3
63
Apr
24% Aug
19% May
18%
30
11% Jan
j
N0p^r
50
30 l/a
47
78 V2
Jari
Saturday
tpershare
pp
49'AJan
31% Mar 16
191% July
33 % May
Feb
3/,
Par
Lehigh"CoaLfe^
46.;. Mar 18
Apr
"
May
'
,
Lee
23% Jan 31
7% Jan 31
41% Feb 25
9 % Feb 24
'
Feb
59%
46% May
8
2
50%
25%
14% May
5%
Mar
,1% Jan
35% Mar
35% Mar
.:
Feb,,,
££
.
L\n£%rn1-Pftpr,0o1Hm0n
TUT
6% Jan
2% Jan
1% May
Feb
;
.
LeesiJsmLf Jqo—-——5
37% Jan
8%
16
98% Feb
10% Jan
.
v/Vi^
EXCHANGE
26'/a Jan
38
56%
1?
•
\
9% Mar 12
47% Jan 27
,
■
1NTFW
Highest
Feb
56
Jun
;
■
,
$ per share
14%
May
10
49 %
since Jan. 1
Lowest
Lowest
•
.
CHRONICLE
23%
4,200
*91%
20%
20%
100
93
2,300
21%
M
•>4
Mar
41
Niv
36
Jan
27
40
Jan
2
10
134
Nov
152
*37
38
Apr
142
Feb
13
142
Feb
13
*140
60
JL00
145
41% May
Oct
401/4 Foh
11
52% Jan
5
Mack Trucks Inc
48
50
boys May
41%
_No par
X49 %
Jan
30% Mar 16
36% Jan
9
31
31
30%
99%
Dec
111
11% May
16% Apr
10%
6
19% Mar 19
12
Jan
Magnavox Co (The)
~9%
Jan
2
9% Feb
24
Jan
2
101 % Jan
10
11% Fee
x
18% Aug
May
16% Feb 25
Macy (R H i Co Inc com~
No par
4%% pfd series A—
_100
Madison Square Garden——No par
Magma Copper
_1„_io
100,
21 % Mar
Jun
5
13% Feb
13
11
500 "■
12%
14%
Jan
7
Dec
Feb
8% Mar 16
22%
Dec
32%
Feb
20% Feb
17
3%
Jan
Dec
5% Feb
10
7
Dec
9%
7
19% May
6% May
9
May
22% May
8% Feb
16% Dec
,'34% Feb
97%
111% July
Mar
15
97
14
27%
Dec
May
18% July
24 %■
175
May
Dec
39 %
May
Feb
6% Feb
20
22% Mar
49%
Dec
106 :
Dec
10p% Aug
82
Dec
175
,.35%
97% Mar
Feb
16
4% %
(Glenn
84
12
13
9% Feb
11
10% Jan
5
Mar 12
43% Jan
21
108% Mar
113
Jan"
110% Feb
32
10
Feb
6
$3
..
9
$6
12
9
•
Lowest
w
$ per share
Highest
$ per share
YORK
NEW
Range since Jan. 1
.
$ per share
•
Feb
35
Mar
4'?%
rw
R6JA War 19.
42% Jan
15
McGraw
24
May
32
Feb
23% Mar 17
2R% Jan
12
McGraw-Hill
56%
Feb
45
44
Jan
30 % Mar 17
25
Feb
11
88
>
Jan
5
Jan
23
29% Mar
94
8
Mar 12
Feb
87
Jan
o
93% Jan
26
Feb
18% Feb
11
21 % Jan
7
Dec
May
May
16
Feb
$4
19% Feb
11
24% Jan
16% Feb
27
20
Jan
5
80% Mar 19
94
Jan
19
4%c!o
reo
36 % Feb
41% Jan
12
4%
Jan
Jan
27
20% Feb
16
24
Jan
10
11
18% Jan
5
55% May
73
Feb
52% Feb
10
57% Jan
6
13 % May
41
Mar
19%
J-n
12% Jan
23
1/1 ?/- .Ton
9
47%
14% Feb
Jan
65%
8%
*8
23%
*22
6%
18%
83
Dec
35% May
(I all
43% Jan
97%
Dec
15%
par
par
1
*175
12% May
Apr
33
29 %
May
36%
13
Pub
50% Mar 18
&
Mc-Quay
Mead
Stores
2nd
Melville Shoe
136 %
Jun
Jan
.15%
14%
66%
May
15 %
9%
17
,
19%
Dec
May
May
May
May
May
May
17%
,14%
102 % Apr
10May.
Nov
Feb
11
16% Mar 19
11
46% Jan
2
Jan
9
Mar 16
129% Feb
11
35
107%
°%
Apr
Dec
Dec
37 V4 Jan
50% jun
137% Jan
..
2
15% Jan
5
9% Mar 17
13% Jan
2„
54"% Jan
2
45
Feb 27
Jap
2
10% Mar 16
Dec
Oct
41
12% Feb 27
.
Feb
111% Mar 11
pet*
42% Feb
Feb
11
Feb
10
11
51%
Jan
34 V2 Mar 17
13%
Pen
32
Feb
63%
Feb
128%
Feb
4
95
Mar 17
70
Jan
5
102
Feb
11'
15% Jan
9
7
$6.50
53% Jan
2
Mission
30%
30%
*175
35
5% Jan
5
':;i 85%'
5
44
Jan
Fel} 11
11
Jan
5
24% Mar 11
27
Jan
12
49% Feb
61%- Jan
2
Jan
16
9
H
102
Feb 10
105% Mar 17
115
106% Mar 19
54 % Jan
9
112
112
*110%
40
33%
*110%
33%
28 %
*19%
r.
17%
*84%
*37%
7:.. 217/s
11% Jan 23
Oct
20% Jan 22
19% Mar 17
16
Feb 19
25% Feb
2
21% Feb 16
19
Oct
Mar 17
101% Feb
18
11% Feb
16
Feb
33% Feb 16
107% Jan
2
19% Jan
9
25% Jan
5
Jan
10
14% Jan
21
37
Jan
5
111
Jan
7
108
13
Feb 11
17
Jan
2
Feb
39
Mar 19
42% Jan
16
Jan
50% Jan
55% Jan
5
Dec
.
23
24%
1,300
50
50
1,800
30%
31
2,700
24
24
49
49%
*50
30%
30%
50
49%
50
31
31%
91%
91%
20
19%
19%
19%
19%
19%
17%
*17'A
20%
*19%
19%
19%
17%
*17%
17%
*17
84%
84%
83
*38
39
39
39
21%
21%.
21%
21%
50%
80
31
31
92
*91
92
*91
92
100
19'A
20
*19%
20%
*19%
20 '/a
800
19%
20
*20
20%
20
900
*91
83
84
*38
39
21%
21%
20
17%
17%
17%
17%
17%
83
81%
82
80%
80%
39
*38%
40
100
1,000
140
38%
*38'A
21%
21%
21%
21%
22
1,500
16
15%
16
1,600
56
54
54
Xl5%
15%
15
15%
15
15%
15%
*53
54%
54%
54%
54%
54%
*53
55%
*53%
13%
13%
13%
13
13'/4
12%
13
13
13%
13%
13%
1.400
*49
49%
49
49'/8
49 %
49%
49%
50
49%
49%
49%
1,500
48%
49
49
48%
50%
48%
48%
48%
1,400
89
*87%
16
16
V
48%
*18
7
19
*18
36 '/a
98%
*98
10%
55
v
<
13'A
■
9%
50
96
*94
55
*55%
56%
55%
101%
101%
101%
*101%
11%
11%
11%
11%
10%
&:
17%
*36%
9%
*25
,
r
52%
5
14%
14%
15%
15%
16%
5 600
42
9,200
*14%
37
9%
9%
50%
*112
98
41%
51
52%
36
98
37
*94
113
36
99
41
.*101%
51%
36%
99
40%
96
50%
36'/a
35%
14
r
36%
98
40
14
111%
113
*
13%
13%
130%
500
37%
132
110
13%
13%
13%
2,400
0%
13%
13%
37%
9%
9%
1,900
51%
1.900
9y8
9'/a
9%
50'/a
50%
50%
50%
50%
51%
94'/a
95
94%
94%
*94%
96
130
55%
55%
55%
55%
55%
56%
56%
800
101%
*101%
101%
101%
101%
101%
101%
70
10%
11%
11%
11%
11%
12%
10,200
111%
111%
111%
111%
9%
11%
112
111%
.
51%
4%
V
50
4%
51
50%
52%
4%
4%
4%
52
4%
400
112
53%
8,900
4,800
5
17%
17
17%
15%
17
15%
16%
16%
16%
i6y8
36%
36%
35
35
34%
34%
35
35
35
10.900
16%
37
35
S%
*9
26%
*25
52%
•
9
9%
26%
53 Vo
52%
■-
9
9%
25
*25
25
51%
52%
51%
*103
105'/a
106
106
104
104
106%
106%
106%
106%
106%
106%
105%
48%
48%
48»%
48%
47%
48%
47%
*104
)
130
130
40%
♦130
90
96
4'/a
5
4%
*129%
130
49%
52%
51%
500
700
36%
35%
14
19
98
35
14
89
18%
36%
40'A
130
*87%
98%
40'/b
130
10
88%
18%
35
130
50%
18%
37%
131
*94
19
18%
41%
*35%
*130
V
18%
14%
14%
41
15%
37%
*98
*87%
80>
14%
14%
41%
41
*35%
■5
*87%
?«%
98%
*14%
.
48%
88%
*18%
19%
»R6%
*98
48%
*87%
110
9
26
52%
106
106
48%
*9
'
25%
51%
*103
105%
48%
9%
9y8
1,200
9%
2,000
25%
26%
26%
500
52
51%
52%
7,800
107
106%
*104
108
,
300
106%
1,700
50%
106%
50
18.900
13%
14 »/8
13%
14'A
13
13%
13%
13%
13%
13%
23%
24
24
23
23%
*23%
24
24
24
12
12'A
12
12
11%
12%
12
12%
2,300
12%
12%
25
25%
2,800
-——5
—--1
Mullins Mfg Co class B,——1
$7 preferred—
--No par
*19%
24%
19%
25%
.Corp———-No par
24%
24%
25
24%
24%
2
Feb
300
24%
23%
*93
*13%
pfd_100
Mori«ll
27%
36%
23%
92
2,100
28%
94
36%
25
31%
Shares
27%
36%
31%
for
the Week
share
94
36%
50
Sales
Friday
Mar. 19
$ per
94
27%
94
36%
92
700
33%
27%
27%
94
*23%
50
112
36%
27%
27%
24%
33
12%
9
27%
share
37
*36%
*90'%
85
Mar. 18
94
37
31%
Thursday
$ per
$ per share
94
94
*110%
200
PRICES
27%
28%
28%
33
80
23%
MoorerMcCormack
Jan
Mar
$ per share
*92
94
33
Mar. 17
$ per share
111
110%
32%
Wednesday
Mar. 16
50%
*36%
HIGH SALE
Tuesday
Mar. 15
28%
32%
32%
Monday
112
*111
112
32%
,
12%
5
27
13% Feb
380
40
84%
13%
15% Jan
Mar 17
Nov
85%
38'/a
.
24
Mar 17
47'/4 Mar 16
3,000
38%
50%
com
*841%
85%
1,900
37%
39%
No par
RR
85%
85%
36%
36%
*38%
7v 31%
preferred series A
100
Mohawk Carpet Mills
20
Mojud Hosiery Co Inc—---—1-25
Monarch Machine Tool
—No par
Monsanto Chemical Co 00m
;—5
$3.25 preferred series A—No par
$4 preferred series P—--No par
Montgomery Ward &• Co—No par
85'%
36%
36
1,500
177%
38%
18
7%
35%
36%
*175
177%
38%
5
Mo-Kan-Texas
%r'
*175
177%
38'%
Mines—-5
3.90%
*175
177'%
1,000
*37%
*112
13
16%
30'/4
38%
preferred————No par
Corp
—-—-—----——10
23
44%
29%
*37%
38%
24%
Midland Steel Prod com—No par
8%
cum 1st pfd
-100
Minneap & St Louis Ry
-No oar
Minn St P &. SS M A vtc—No par
Minn-Honeywell Regul com——3
3.20% conv pfd series A—-.—.100
Minn Mih & Mfg—
No par
$4 preferred i.
•—
No par
Minn Moline Power Impl com—1
Feo
.56.
29%
37
*36y8
Miami Copper—.
—5
Mid-Continent Petroleum———10
118% Jan
17% Mar 11
Edison
Dec
Jan
29%
1,500
*92%
(The) common-"—.-^-1
1st preferred—-50
Stores Co Inc—_3%
Merch & Min Transp Co—--No par
64%
40%
30
10
$ per share
7
;
conv
17%
112
29%
10
*39
Mercantile
27% Dec
107% Mar
15% Nov,
30
*'
10%
Metropolitan
13 % Feb
27%
20%
*10
8
Pol)
25
20%
10'%
Jan
J>R5/q
14%
50%
20 Va
10
Mesta Machine Co__———---5
99
24
50%
20%
*
10
5
Dec
49
49 y4
20%
*9%
9
102%
8
May
23%' Sep
49% May
110% May
49%
20%
10%
22"% Jan
Dec
8
49
21
9%
41% Jan
May
3% May
11%, May
32% May
50
20%
2,300
10
13
7
56%
49
23,700
84%
Mar 10
99
123
16
83
49%
101
90
20%
15%
*84
89
Dec
Jan
19%
15%
50%
*82
*48%
70%
-28% Mar
20%
15%
84%
*87%
Apr
104
19%
15
83
Inc common.——r-l
preferred--No par
Merritt-Chapman & Scott—No par
5
88% Jan
54% Mar 11
15
20
*82
$3.50 cum
35
Jan
114%
19
xl5
85
Merck & Co
13
Feb
47% May
Dec
84%
51%
19 y8
15 y4
83
b
38% Feb
Dee
45% Nov
156
Mar
10% May
6% May
18 y8
*84
27
6
3,900
*82
Jan
Feb
460
23
101
85%
85'%
90 % Jan
94
Aug
*100
82%
11
.
22%
101
*100
82
10
36
101
*84
*110%
Mengel Co
5%
23
22%
22%
100
85%
25
Corp
22%
23
101
82%
*37%
(1st
pfd
9,000
85
9%
Par
10
No par
series)———-100
(2nd series) —.50
6%
15%
85%
'
common
pfd
6%
15%
82%
-
Saturday
Norris Mfg Co„—
Corp
6%
15%
19%
85
85%
37
—
6%
15%
15
177%
25
Co
1,800
6%
15%
86
Mar. IS
com
19%
6%
15'A
83
85%
~No par
Inc
19%
100
5,100
6%
*85
•
——1
Robbins
18%
6
600
9
*82
7
t
Co—
*22%
6
7%
23%
21 y8
36%
J
22%
7
23%
575
15%
50%
v
*175
iV
15%
*100
5%
19%
*8
19%
19
Jan
88
18% Mar
48%
101
;
18%
*18%
*22%
6
7%
7%
8%
700
15%
6%
23
101
23
*500
575
7%
*8
#■«•«*.
13
67/B
19%
19
7
*500
7%
8%
5%
6
5%
15%
22%
177%.
36%
'
111%
19%
6%
22%
44% FeD
103% Mar
47%
19%
15%
17% Feb
43 % May
6%
15%
101
*100
1
6%
7
*22
23%
*22
■
20%
n-t
24%
7%
8%
*90%
Feb
25 %
7%
9%
»
560
7'A
7%
*8%
.
'.
*480
560
*7%
9%
1
23%
50
*480
7%
preferred———No par
McLellan
105%
12
.
Electric Co
Mclntyre Porcupine
25%
20
560
*480
560
*22
100
Stores Corp com——„-1
preferred—-——100
McKesson
12
105%
40%
1,600
conv
50% Mar 13
17% May
31%
McCrory
3V2%
34% Jan
Dec
Jun
10%
;
■
Feb
% May
10%
LOW AND
STOCK
C
33%
88%
10%
*9
—100
EXCHANGE
107%
V. 16
10%
McCall
Dec
21% Dec
10%
*7%
preferred——————No par
1st cum preference—No par
Corp
—-No par
Jan
41% Jan
112
May
Dec
10'%
22%
preferred—
82
46
10%
*480
Dept Stores, common
.—5
$3.75 preferred
—No par
$3 75 cum pfd 1947 series—No par
$3.40 cum pfd——————No par
Maytag Co common—
—No par
24
87
10%
STOCKS
Year 1947
30% May
10%
May
Range for Previous
Highest
10%
29%
16
Jan
10%
30%
89% Jan
85
10%
'
*29%
89% Jan
6
3,000
21
3
11
19%
50
42% Feb
Feb
18
21
26
Mar 16
*12.%
17%
153/B
Jan
7%
*100%
12%
50
176
*100
_
101 '/4
Alkali Wks -com—No par
Mathieson
101%
—
17%
*49
9
101%
*100
_
2,000
12%
*20%
Jan
307/a
12%
1
33
30%
16%
15%
11
30%
16%
19%
,_No
No
30%
*11%
*19%
—
30%
6,000
12
16%
.
—
30%
*
"
101 %
com——No par
Master Electric Co
49
12
101%
*100
24
6%
—_
145
49
16%
6%
——
300
36%
*140
48%
145
*100
*15%
Co
30%'
36%
37%
48
*140
17%
100
Martin-Parry Corp
Masonite Corp
: 38
$ per share
L)
30%
*36%
48%
13%
—6.25
preferred-——
Martin
13
Jan
Lowest
& Co
12
85% dan 28
Jan
Marshall Field
30%
37%
145
47'A
%
16%
1
prior pfd
Jan
50
48%
19% Jan
Ry 6%
49
13%
Midland Corp——
Market St
24
Jun
35% May
2
20% Mar 19
X81% Feb
,
Marine
60% Jan
Nov
42
8
8
*36%
*140
145
48
16%
__^.^_1
Maracaibo Oil Exploration
Marathon Corp—
36%
*140
50
13%
101%
13
—No par
--^.-^5
Manhattan Shirt—
36%
36%
145
*16%
_50
Co_
Co^
4
11
Mar
1414
May
23
.Sugar
Jan 12
19%
27% Feb
Feb
85
Mar 16
47% Feb
Jan
14
7 % Jan
16% Jan
2
Jan
190
23% Jan
...
26% Jan
63%
Nov
27-
102% Feb
15
35%
7
7% Jan
4
14% Jan
;
Jan'
6
Oct
26% Nov
26
Manati
Mandel Bros.,
36%
*140
*100
1*
Mahoning Coal RR
Jan
Jan
88
7%
20
Feb
24%
,
4
18% Mar 18
34
14% May
39.% May
com
preferred
.9% Feb
Mr
"15% Feb
Dec
455
6%
Motor Products
13%
Lines-i——--5
(John) &. Co-r
—No par
Motorola Inc
,————--3
,
Munsingwear Inc
— ri-5
Murphy Co (G C) common-—-.---1
4% %
preferred
100
Murray Corp of America com
10
4%
preferred——.—•—*
.Mvera lF F.) -V Bros""W
24%
24%
25 y4
19%
19%
19%
19%
19%
19%
18
18'A
18'A
17%
17%
*17%
18%
20
Wheel
19 %
18
Corp_—
Mueller Brass Co—:
—
Motor
*23
20
20%
20'A
19%
20
19
103
*102
.*103
.
*11%
35%
108%
13%
*39
104%
11%
*11%
13%
40%
K1 l/o
■
11%
*11%
11%
11%
'
35
35%
109
104%
♦103
103
*107%
13%
109
13%
34%
*108
13
35
109
13%
*39
41
*39%
40%
1150%
51%
*50'/a
51%
*34%
*108
13%
*39
50%
19%
103
*17%
197/a
*102
19%
19%
18%
17%
18%
1,600
19%
20%
3,200
103
11%
11%
35
34%
34%
13%
108
13%
700
20%
11%
109
5,500
*102
*11%
20
103
12%
35
35
108
1,600
20
300
2,100
108
140
13%
13%
14
3,000
39
39
100
51%
200
108
41
*38%
41
50%
*50
51'%
*50
20.
(1272)
*»**• for Previous
•
Hifhest
I pershare
Rente since Jen. 1
Lowest
>1 per share
NEW
Hifhest
Saturday
Monday
Tuesday
Mar. 13
Mar. 15
Mar. 16
$ per share
HIGH SALE
LOW AND
STOCK
YORK
EXCHANGE
t per share
Par
tper share
# per share
:
:
22 >
>
RECORD
STOCKS
T e»r 1M7
Lowes!
STOCK
YORK
NEW
Monday,. March
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
'
Thursday
Sales for
Mar. 19
$ per share
$ per share
,
Friday
Mar. 18
Mar. 17
t per share*
:
PMCES
Wednesday
the Week
$ per share
Shares
N
14
May
May
May
19
21
8 Ms
9
Dec
10 Mi
Feb
Feb
Jan
16%
Ms May
'
Dec
2
Nash-Kelvinator
9
Nashville Chatt & St Louis
Feb
14
7% Feb
27
8% Feb
11 Ms Feb
Feb
26 Ma Feb
26%
13%
Feb
6% Feb
Dec
Dec
33 Mi Feb
14%
Jan
Dec
15%
Oct
7%
13
13 y4
May
26%
Dee
17%
Jan
18
28
21% Jan
37 Ma Feb
Dec
Feb
11
43
15%
Feb
11
19% Jan
87
Feb
25
95
29% Jan
23
35% Jan
163V2Feb
11
172% Jan
19
Apr
Jan
Jan
26 Ms
26%
26 Mi
169%
*20 Ma
20%
20%
7 Ma
36%
6 Ma
11%
6 Ms
11%
11%
12
11%
6 Ma
11%
6
6 Ma
6
6 Mi
11%
7%
12
1,600
2,300
1,200
7%
*
37%
6 Mi
6 Mi
7,500
300
21
37
.
500
26 Ma
7%
37 Mi
37
6,400
173
21
21
7 Mi
7 Ma
36 Mi
2,100
15%
29%
'
*168
6
12
Co
6%
preferred
B
1
Jan
Cast
23M« Jan
National Supply
16
94
Feb1
Feb
July
38 '• Feb
Mar
Nov
44%i Dec
32% Feb
Feb
Oct
Jan
25% Jan
30
13% Jan
19
Natl
12 Ms Jan
26
Natomas
19 Mi Jan
6
13 Vi Feb
100
.
16
Feb
14% Jan
26
104
x27Ma Mar 12
87
Feb
Mi
3,100
8,400
12 Mi
11 '
3
Feb
20
13
12
Newbeirry Co
8
New
6
New
Jan
48% Mar 19
24% Jan
11
22
Jan
preferred
24% Mar 18
5
41% Jan
9
New
11
15% Jan
5
10
Dec
121
Feb
11
Feb
200
51% Jan
N
9
136% Jan
4
5
15% Jan
21
Jan
12
New
52
Mar 17
$5
255
Mar 18
19
Jan
N
9
Sep
20 Ms Feb
Mar
86Ma Jan
16
91% Feb
bep
14 % Feb
Jan
Jan
2
Y New
Huv
6
Y
State
&
4
23% Jan
Dec
64 Mi
36 Ms Jan
5
Nov
55
Feb
18
30%
61% Jan
5
25% Mar 18
28 Mi Jan
13
Jan
American
12% Mar 17
North
American
8
82
Jan
17
Northern Central
25Mi Feb
11
22%
29% Jan
12
Northern
Feb
16% Feb
11
21% Jan
5
2
13
25%
Oct
x21 Mi Jan
Jan
Dec
33% Jan
2
13 %
Feb
18%
Feb
Mar 19
Cum
26 Ma Mar 18
36
Jan
8
7
Jan
13
Jan
5
Mar
pfd
4.6%
12
10% Mar 18
R»
Natural
Northwest
*23%
24 Mi
23%
23%
13
12%
12%
12
12%
10%
16
*88 Mi
12%
.
16
16
■
'
14% "14%
*100
28
92
-
92%
T
*93
96
*
,*10%
Ma
44
%
44-
*14
*
Gas
*20%
•
*86
44%
20 Ma
•87%
Int
•
:
>
11 Mi
20%
•86
■
.
•
-9,800
90
90
25
12 Ma
-
300
12%.
700
10%
10%
1,300
16
1,300
20%:
21
"
23%
23%
23%
23
24
37%
38 Ma
*36 Ma
37%
36 Ma
37%
13%
13%
13%
12%
13
12%
13 Ma
45%
44%
45%
43 Mi
45 Mi
43%
44 Mi
23
11
24
*
130 Ma
131
12
12%
20%
131 Mi
132
128
131
12%
12
12
*11%
♦17
20%
*17
'
48%
87
24%
24 Mi
24%
37 .r
37
37 Ma
1,800
13%
12 %:
13%
18,000
44
4 Mi
44 Mi
44 Ma
128
128 %
129 Ma
128%
12
:
-
129
12
*17
,20
53
*48
53
*48
53
52
52
*48
53
*240
255
*235
255
*245
255
255
255'
255
22%
*89
90 Ma
►89
17
17 Ma
16
22%
22
90
22%
*89
213/|
21 Mi
90
90
90
16 Ma
16
16Mb
16 3/8
167/a
85
85
85
20 Ma
20 Mi
20Mi
22
*85%
86
*20
21
*29%
*84
20 Ma
31 Ma
56
30
26%
*26
15%
"11%
*81 Ma
15 Ma
11 Mi
30
557/a
*89
15 Mi
10
28%
23%
19 Ma
19 Ma
I8M1
89
89 Mi
*29
31
84
*29 Ma
55
55%
55 Mi
55 Ma
25 Ma
25 Ms
*253/8
15 Mi
11
89 Ma
28 Ma
15
11 Mi
27 Ma
*81Ma
28%
18
27%
18 Mi
*89 Mi
15 Mi
11%
83
18 Mi
90
*89 Mi
15
12 Mi
12
83
12 Ma
27 Ma
27%
18%
28
18 3/i
15,100
12 Ma
73,700
83
27 Ma
90 Ma
500
15 Ma
*82
193/s
♦89%
90
100
4,100
257/8
12 Ma
83
30
400
' 4.100
56
15 Ma
153/s
-
*81 Ma
"
0
31%
55%
26
;:
21%
*20 Mi
.
20
17
84
f
26
(Minn)—
No par
31
21
26 Ma
*81 Ma
19 Ma
89
28 Ms
*29
85
557/a
15
12
83
100
31
20%
20
2,900
90
16Mb
55
15%
11 Ma
85
20 Ma
00
21
e
100
500
22 Ma
*89
163/|
2,300
'
255
223/8
90
16%
4,200
53
i
-
♦26
26%
*81 Ma
83
♦29Ma
56
*84
22 Ma
V
1,700
20
*52
255
7,500
12
11%
20%
*48
22%
1,900
1,300
21 Mi
*84
,
,
46
.
■V. 20 Ma
20%
87
*245
22%
7,000
12%
,
20%
128
130,
11%
95
37
-
12
20%
12 Ma
*17
600
91 Ml
Mi
*93
45%
.
,.
600
28
91 Mi
11%
20%
*84
■14%
102
v
28
95 V.,
45%
*
87
14%
•
*100
,,v
91 Mi
11 Mi
*93
44%' /•45-v:
*83 Ma
87 Ma
-
28
91 Ml
7
11 Mi
95< %
•
23 Ma
*17
•
600
,22
16
14%-
; 28
91%
91%
37%
45 Ma
•
a
$3.60 series
Airlines
•
io%16
*100 «: 102
28"
.^*93
96
44
2 1MB
87%
56
Co
8,100
3,100
23%
*24
14%
:
-14%
102
28
.
11%
-
♦93
.
44%
21 Ma
*26
50
%
83%
Me
21 Ml
12%-
15%
15%
*100
.
92
*91
11 Mi
11%
11%
,
102
27% '? 27%
28
*91
11%
96
15%
*13% ,'14%
*100
102
*27%
25
Co
-
%
■
*89
23%
*12 ;
10% •
.,10%
,
90
23%
23 Mi
23
10%
16
11 Ml
*10%
16%
Ml
*12 Ma
23%
10
Northern Pacific Ry
Northern States Pwr Co
16% Mar 18
14
45%
90
*
24 Mi
25
Aviation
87
Feb
Jan
11% Jan
22 ]
21 Mi
89 •:
21 Mi
;
.
"•
81%
1
24%;
10%
900
23
■
23
13 Ms
100
Co
1,800
18
'
82
23
88
/
It
81%
24
37%
.
4
North
Nov
81 Ma Jan
%
400
120
76%
•
2.50
5
142
6%
*17%
82 Mi
'
88:;
44
100
Western Ry com
Adjustment preferred
30%
102% Feb
22Mi Apr
*23
*20%
No par
50
Noblitt-Sparks Industries
115%
2
*81 Mi
23
*86
No par
Norfolk &
Sep
33%
Jan
82 Ma
23
21 Ma
14
No par
Nopco Chemical Co
Dec
Deo
Ma Mar 10
U
81 %
%
'
l
Corp—
$3.75 cumulative preferred
8
17% Jan
6%
17%
%
%'
%
82
23 Ma
82
Gas
Mar
10%
*139%
.
'
20%
102
100
A
4,300
169
'
*6M2
17
Hart RR Co-
series
Elec
16%
88
11%
Power & Light 3.90% pfd—100
Shipbldg Corp partlc stock
1
N Y
22
<fc
5%
30
32%
169
.
400
6,600
91%
31%
.
17 MI
b%
*6 Ma
•
88
92
100
RR Co
20 Ms Mar
3
17
*139%
M2
21%
*93
com-,—100
preferred
6
16%
16%
*87
"14
-
No par
common
30
14% Mar
15%
*91
91%
32
31 Mi
142
x21%
*27 Ma
No par
Louis Co
Dock
non-cum
N Y
5
87% Jan
York
Preferred
13
N
81
St
N Y & Harlem
17% Mar 12
100% Aug
25
&
Brake
preferred series a
Y City Omnibus Corp
3
19
N
-
Y Chic
Air
6%
9
Mar
*91
171
89
*100
..
1
New York Central
York
1
—10
preferred
Newport News Ship Sc Dry Dock
Feb
20
40
7,200
s
100
4Mi%
Meb
11% Mar
39
16Ms
*139 Ma
22 Ma
'
10%
_20
pfd
,
16%'
i
100
England Elec System
Jersey Pr & Lt Co i%
12% Feb
49% Jan
40
♦169 '
*23%
No par
common
Newmont Mining Corp
Newport Industries common
12
90
5
(J J)
39
Feb
14,300
140 Ma
*12 Ma
1
:
"17 Ma
*
%
V
24
22
•
serial preferred—100
conv
Feb
Jan
*•19%
171
*87%
4
No par
Feb
Aug
1,600
19 Ms
*169
140 Ma
3,000
15 Mi
15%
>31 '
j
25 Ma
15 Mi
19%
*38
16
91%
*23
%
82
82.
_No par
Dec
36
42
30 Ma
31%
6%
6%
6M2
*17
17 Ma
*23
10
.
:
.
10
Fibre Co
Co
3%%
.
100
Corp
4%%
■
12% Jan
13
20% Feb
19 Ms
♦91
169
139%
19
11
25 Ms
,
'
—25
Nelsner Bros Inc common:
8
94
Ma Mar 10
87% Feb
140 Ma
15
15%
16Mb
169
25 Ms
14%
V 10%
10%
24%
14%
*39
91%
30%
31%
170
140Ma
6 Ma
6%
*17
_No par
(The) Pa com
Vulcanized
Nehi
24
98% Jan
11 M« Feb
38
Jan
"31% Jan
10
x90 Ma Feb
15%
*91
10%
-25 Mi
18%
40
16%
169
140%
♦139
39
.
19 Ma
91%
31%
31%
18%
42
*91
168 Ma
1
No par
Steel
Corp
Sugar Ref Co
4%% preierred
"National Tea Co
Mar 16
Mar 17
19%
16 Mi
16%
91%
31%
No par
,
10% Mar 17
15%
Corp
Co
Natl Power & Lt ex-dist.
I
11
12
14%
10%
24%
25 Mi.
14%
,14%
10%
25
15
-
Sti
10
Feb
10%
25%
*14%
168 Ma
100
&
National
85 Ma Feb
10%
25 Ma
15 Ms
16 Mi
10
j
Linen Service
Mai
National
x22
10 Ma
25 Ma
91%
!
100
Nat
25% Jan
22
18% Feb
10%
25 Ms
'
5
common
10 Ma
*10%
*14%
'
1
No par
A
National
2
9iy« Jan
Dec
Co
"
11
Jan
28 3/i
19%
19 Ma
-.90
10,000
14,2C0
90
280
10
15 Ma
15 M«
15 Mi
15 Ma
14 Ma
15%
143/4
25
common
cumulative preferred
153/a
25%
25Ma
153/8
16MB
16
16
25
Ma
26,900
25%
24 Ma
25 Ma
24%
25
25 Mi
34 M8
257/a
26 3/8
34%
26 Ma
12,800
343/4
*343/4
35
34 Ma
343/4
34 Mi
Northwestern
Telegrapk
7
Norwalk
Tire
&
Rubbe
No par
*5 Ma
5 Mi
Norwich
5 Ma
5 Ma
5
Pharmacol Co
2.5o
11%
11 Ma
11 Ma
11 Ma
50
*34 Mi
35
34 Ms
5
5
11 Ma
*5
11%
Mi
*43/4
11 Mi
107/a
5
*103/i
5 Mi
5
.
130
34 Ml
5 Mi
Mi
11
11
1(^8,,'
500
,-y
V
1,100
for Previous
STOCKS
Range since Jan. 1
Highest
Lowest
$ per share
$ per share
Jan
27% Feb
111%
Feb
Apr
92% Jan
26% Feb
11
Sep
May
149 V*
Oct
19% May
27%
107
July
Dec
Feb
13%
Mar 16
20
Jan
28% Feb
33% Feb
163% Jan
28 Mi
Feb
93
.T~n
80
July
Bee
27
147
Feb
Jan
Nov
25% May
*89% Dee
131
Dec
3% May
21% Jan
4% Dec
8yi Dec
May
25
2
26
Mar 17
18
Mar
83
Jan
8
17
56% Mar 19
14
Mar
16
PRICES
Wednesday,
Mar. 17
Thursday
tper share
m,.
Sper share
I per share
32
32
31Mi
32 Mi
32
32
*32
100
101
99%
99%
98 Mi
993/4
*98 Ma
28%
30 Mi
28 Ma
29%
297/a
17 Mi
17
17
Sales for
Friday
Mar. 18
$ per share
4%%
23
Jan
5
89
Feb
27
73 Mi Jan
2
29
34% Feb
13
40% Jan
15% Jan
Jan
19% Jan
129%
Jan
168
Feb
7
Feb
30
Feb
89% Feb
134
13
27.
Jan
2
4% Feb
10
59%
Oct
41% Feb
11
7%
Feb
4% Feb
13
14%
18
Feb
July
8% Feb
27
13% Mar 16
Feb
5
12
11
9%
46
22
j"Hy
109
32% Jan
53% Jan
4 Mi
Jan
97
Feb
Jan
6
35% Jan
12
Pacific
97% Jan
8
Mar 18
5% Jan
8
53 Mi Jan
15
5
10
Jan
Jan
9
2
*
Packard
29
Pan
Pan-American
52% Jan
5
24 M« Mar
102
Jan
10
5
19
8
American
Mar.
$ per
the Week
19-v,.
Shares
share
Panhandle
Feb
24
Mar 17
27
Jan
5% Jan
2
Oct
11% Feb
13
15 Mi Feb
11
»Par
Airways Corp
_ioo
&
Refining
com
(new)_Nopar
Paramount
2
Parke
5
Davis
&
Parmelee
Patino Mines &
Enterprises
Penick & Ford
2
19
Jan
5
Transportation
Penney (J C) Co
Penn-Central Airlines
Penn
24 Mi
23 3/i
24 Ma
94 Ma
94%
*93 Mi
94 Ma
240
8 3/i
*8 3/i
93/8
8%
8 3/i
1,000
90
27%
148
*145%
147
147
147
147
*18
19
*18
19
*35
59
59 Ma
♦12
13
12 Mi
12%
12%
70
68
69
Coal
Penn-Dixie
&
4 Mi
4
50%
50
4
Mi
8%
12 Ma
*66
70
31 Ms
x30%
303/i
303/8
Ma
*14
48%
*94
Mi
4%
47 Ma
413A
48
4 Ma
4%
9 Ms
83/|
9
48%
*94
14
49
95%
95 Ms
953%
9534
95%
7 Mi
7%
104
*100
20 Mi
20%
19%
*35 Ma
36 Mi
*35%
2 Ma
2 Mi
28%
28%
*6%
6%
6%
5
9%.
9%
9 Ms
32%
Nopar
39
39 Mi
20 Ma
36
2
2Mb
28%
*25 Ma
6%
9%
32%
104
28
27
No par
7%
27
•7 Ms
7%
22%
22%
*100
193/s
*35 Ma
2
28%
*26
104
19%
36
2
28%
27
6 Mi
-
6%
*634"
9 Mi
6 Ms
9%
9%
9%
22
*100
19%
22%
104
700
3,700
95%
*95
-
7 Mi
22
*100
36
36 Mi
-
8
22 Mi
60
12,400
1,700
104
20%
27,400
36%
200
2 Ma
2 Mi
2%
9,000
28%
28 Mi
1,800
27
27
27
*26
*6 Ma
6 3/4
32 Mi
9 Ma
31
9Mi
32
38 34
*31 Mi
38 Ma
32 Ma
7 Mi
383/4
7%
38 Mi
38 3/i
14%
7 Mi
*13%
14 Mi
734
7%
14 Ma
15 Ms
14 Ma
*15 Ma
15%
*15%
25,000
283/|
38%
15 Mi
9%
2 Ma
31%
15 Mi
31,100
28%
*35 Ma
7%
15%
3,700
4M2
14 Ma
20 Ma
39 Vs
15%
170
49 Ma
203/s
32 Mi
14%
51
2C0
4,000
14 Ma
7 Ma
}43/4
4%
49 Ma
Mi"
38%
*14%
147
9 Ma
9%
14
22
.
Ma
4 Mi
48 Ms
7
*32
4
90 Ma
49%
14
*94
900
43/s
49
22
7%
8%
1,300
50 Ma
48 Ms
7 Ms
7%
9 Ma
4 Mi
*13 Ma
22%
*25 Ms
8%
<
13 Mi
7 Ms
27
4 Ma
50
48
*145
49 Mi
22%
*100
4MB
.»
8,600
2,100
60,500
32
*39 Ma
4%
13%
7%
37
49 Ma
147
48 Ma
22%
20%
49%
43/s
£3
48
14 Mi
22%
104
4 Mi
31
1?
49 Mi
95%
7%
*100
50
4MB
146
31 Mi
T<r
90 Mi
43^
200
.9
32
89 Ma
"
220
16
307/a
48
31
146
120
39
30 Mi
30 Ms
4 Mi
50
1,300
IZ
90
"
*13%
30%
n
47 Mi
*145
100
12
70
38 Ma
31
30 3/8
II
*89 Ma
4Mb
14%
30 Ma
30%
*30 Ma
8%
49 Mi
30%
30 Ma
146
13
*15 Ma
16
90
*144
2,800
12
38%
*15 Ma
90
4 Mi
97%
38 Ma
■■■'
*68
30 Ma
144 Ms
30
100
•
57
*12
47Mi
9
2MB
n
13
*12 Ma
31 Mi
4%
28%
...
*12
30%
30 Mi
2 Ma
1
13
12
16-
90%
-
..?■
88
"
56 Mi
69
12
38%
47 Mi
*85
58
*66%
*37
48 Ms
88
57 3/i
*15
48 Ys
30 Vi
59
15Mi
48%
28%
Ilo
*12
II
*25%
Corp
Coke Corp
Cement Co„
58 Ma
38%
iff
1,500
;;
'
15%
30 Mi
144
147
*37 Ma
31 Mi
*90
170
1,100
273/4
19
iff
4 Mi
21
27 Mi
87 Ma
30%
50%
*20
273/4
*85
31%
91
21
27%
*18
iff
31
*20 Mi
147
30%
147
213/i
5,800
...
90
19
31%
*89%
90
87 Ma
16
20%
No par
27
90
27 Ma
*20 Mi
*88
148
38%
*30 Mi
90
*85
16
*35%
II
88
*18
37%
2.50
8
2
24
94 Ma
21
16%
Nopar
Co
7
Jan
233/4
8 Mi
27
16
j
Parker Rust Proof Co
8Ma Mar 19
23 Ma
*93%
31%
*144%
200
9 Mi
20Mi
38
*48 Mi
380
12,200
: -
93 Mi
28
13
12 Ms
*67
,
23%
89
37%
*
173/4
59 Ma
*12
135/8
70
1
Inc
11% Jan
43
.100
Consolidated Mines
37
15% Jan
1
preferred
Pictures Inc
5
Jan
2%
Petrol
convertible
33% Jan
Jan
—No par
No par
Car_.
Prod
Mar 16
8
13
13 Mi
30 Ma
19
58
*66
30
*17
173/4
*17
700
99
*8 Mi
30%
Corp.
Paraffine Cos Inc
4%
58%
58%
32%
98 Ma
87 Ma
19
*85
No par
preferred
Utah
29% Jan
non-cum
145 Ma
18%
87%
13
Nopar
148
*17%
32%
99
93%
21 Mi
27%
32 Ma"
30 Ma
23 Ma
>
9 Ma
91
*21
*85
10
non-cum
& Transp
5
Panhandle East Pipe L com
No par
4%
28
24
94 Mi
91
22%
►145%
Glass Co—_12.50
Motor
12
8% Jan
2.50
No par
Ho
16% Jan
95% Mar 17
Mfg
Mills
& Tilford
31
28
Pacific Telep &
Teleg common—100
6%
preferred
100
Pacific Tin Consolidated
Corp
1
Pacific Western Oil
Corp
Park
38% Feb
Dar
91
,
*8 Mi
*17
iff
Park
Feb
147
&
Lighting
29
Nov
*21
Rights
13
11
91
lo
Jan
Mi Mar 16
100
25
2% Jan
28
93
8%
Pacific Finance Corp of Calif
Pacific
21% Jan
24% Feb
24
94%
8%
Pacific Gas & Electric
When Issued
15
40
Feb
24%
*93%
6
A
*23%
100
No
•
preferred
24
11
Feb
17 Mi
ioo
—
Mar 16
Jan
page 24
2nd
24
10
2
14%
15%
38%
48%
15%
16Mb
24%
«ee
2
*17
*17
iq
common
preferred
Jan
I8M1 Feb
34%
Feb
1st
% Feb
54
34 Mi Feb
43
May
21
18
20
No par
Pacific Amer Fisheries Ins.
Pacific Coast Co common
31% Feb
% Mar 17
Feb
30 Mi
pfd
preferred
Marine
Co
Owens-Illinois
8
19
•30 Ma
preferred
Outboard
13
36% Jan
Elevator
Outlet
7
30 Mi Mar 19
47 Mi Mar 16
30 Mi
preferred
(The) common
Corp
convertible
6%
17
15% Mar 16
Jan
4%
100 Ma
297/«
convertible
Otis
5
Jan
Oct
62%
39%
Elec
32% Jan
154
32
*99%
Oppenheim Collins
31
Jan
&
common
22% Jan 31
12
43 Mi
Corp
8 %
19
100
Co
Omnibus
5
13% Jan
46%
Oil
Oliver
10
Jan
71
6% Feb
footnotes
Jan
10 Ma Jan
11
92% Jan
Dec
99
100
11
27
Feb
7
Apr
13% May
8
Feb
Nov
Sep
38% May
27 Ms Jan
11
11% Feb
Mar
32%
*
Oklahoma Gas
62 Ma Feb
55
28% May
7
Dec
8% May
Tuesday
Mar. 15
No par
17
Sep
109
Dec
I per share
8
*.
preferred
18% Jan
Oct
Deo
Sep
4.40%
Ohio
Feb
90
Dec
Monday
Mar. 13
Ohio Edison Co common
1
12
19
Jan
Dec
Dec
Mar
Jan
16
40%
Jan
33
80
30 Mi Feb
50%
9
8
Nov
Jan
Mar
11
89
Aug
Jan
22% Feb
92
100
Mar 12
Feb
68
May
17
Feb
118
84
9% May
Saturday
Par
32% Mar 19
2
35 y4
22
Dec
Deo
May
LOW AND HIGH SALE
STOCK
I per share
10
Dec
17% May
Dec
7% May
YORK
EXCHANGE
o
38
18
93
NEW
Highest
91%
2
Lead
preferred
81 M» Mar 10
21
37
1%
22
25%
Dec
33%
15 Mi
169%
9 Ml
29 Ma
17Q
*168
21
15%
29 Ma
'26%
2 6 Ma
26 Ma
14%
29
7 Mi
*40
National
18% Feb
107
I per share
19%
15
*28 Ma
500
1.600
4,000
9%
Mb
29%
14 Ma
14
36%
41%
Jan
Year 1947
96 Mi
9
29%
24,300
26
9
9 Mi
7 Ma
♦40
Oct
24
9 Ma
9
36%
19
Jan
50
8%
7%
19 Mi
Nov
20%
Lowest
5%
5
13
7%Feb
11
% Feb
Gas
Products
25%
27
8 Ma
36 Mi
6 Mi
11%
15%
23%
26
9
7 Mi
19
140% Mar 15
6 Ma Mar 13
15% Feb
Jan
Dairy
53 Mi
Range
*6 Ms
11%
•
/
*20 Mi
21
14%
*22%
,
8 Ma
-36 Mi
7%
-36 Ma
No par
14
134% Feb
Dee
13
1
26
8%
169
169
169
*20
21
*7%
*36
26 Ma
26 Ma
26%
169
169
*20%
Nat
2
Sep
Jan
26
Jun
*33%
12
Feb
62%
290
Dec
13%
*27 Ma
Enameling & Stamping—No par
National Gypsum Co com
—1
$4.50 conv preferred
No par
5
Dec
,
Cylinder
137
Aug
19% Aug
10
Jan
National
2
46%
22%
11
24
13% Jan
50
6% May
83% Dec
25
Dec
13% May
15%
Co
Oot
26
Dec
14%
29%
-
Container
National
102
De0
86
City Lines Inc
National Dept Stores
National Distillers Prod
13
Nov
,
National
2
24%
18%
;
Nov
6%
Nat
2
107
Deo
12
7
2
Jan
Sep
29% Jan
17% Feb
13% Jun
•.
May
11% May
19
Apr
33
Jan
28%
23%
•
80
79%
9
13% Jan
29
v100
May
16%
28
13
17% Jan
108 % Jan
23% Nov
14 Mi
*27%
26%
26%
'*168
No par
1
15
23
9 Ma
8%
'9%
9%
14 Mi
29%
•
Register
14%
24%
8%
8 Mi
8%
8%
9%
9 Mi
;
♦24
24%
••
14
Corp,..—No par
10
Corp
Cash
10 Ma Mar 15
1%
;
10% May
8%
♦28 Ma
,-.100
14% Mar 10
106
80Mi Deo
25 Mi
8%
10
common
Share
<K
National Can
National
95
.
-
18% May
56 Mi
26
Co
24% Mar 17
8%
28
11% Dec
95% Dee
35% May
22% Dee
*87% Dec
17% Jun
32% May
33%
Bond
5
5
9
190%
Dee
84%
Nat
12
Jan
41% Jan
167
Dee
Dee
15%
24%
—5
preferred
Feb
36%
18% May'
13% May
105
Feb
28% Nov
230
23% Jan
7%
Jan
J* Dee
52
Feb
National Biscuit
5
Jan
107
74% May
21 %
May
12% May
88
Mar
20% May
12
24%
24%
23
24%
14%
*22 Mi
•
48%
25%
,
98
14%
23 Mi
3
4
23 Mi
Deo
25% May
165
Dee
136
Dee
6% Jan
15% Dee
11
14%
22
Inc—1
Fibres
Corp
20%
96
For
Automotive
Aviation
National Battery Co
10
38
17% May
30% May
14% May
12%
6
15 Ma
23
'
14% May
5%
National
National
Jan
30% Jan
9
11% Feb
1
169% Mar 18
10
Mar
National Airlines
5
11
43%
20
14%
23
24%
1
15% Mar 18
10
May
National Acme Co
5
10% Jan
35
20
164 Ma Feb
Feb
15 %
22%
14%
23
15 Ms
21%
./
100
'
Mar 18
Jun
Jan
9% Jan 29
17
29
29
11
Feb
34 Mi
5
Corp
'
Jun
Mi May
8
33
•
17% Jan
25 Mi Jan
Dec
187
21 Mi
.
24
Feb
-
16
24
Feb
16%
Jan
165
20
34
Jan
27
14% Mar
Jan
14
May
24
•
19%
29%
30
14
*153/4
6%
9%
*31 Mi
100
6 Ma
700
10 Ma
3.900
32Mb
1,400
38%
39 V8
5.000
7%
8mb
14%
14 Ma
14%
5,300
1,000
16
16
16a/8
800
8
Number 4683
Volume
THE COMMERCIAL
NEW
Ban|0 for
Sep
36
Apr
Dec
117
Jan
Dec
22
*107
IB'-
29
51%
Jan
14
18% Feb
Jan
-
33
11
112
19% Jan
5
Jan
5
12
Jan
41
Feb
20
118%
Sep
103
Feb
19
47% Jan
118
Jan
55 to
Nov
37% Mar 17
45% Jan
99
5
24% Jan
30% Jan
5
6
Pet Milk Co common
Jan
27% Jan 22
Jun
99
12
Jun
Jan
9% Feb
11
Oct
14% Feb
2
18
13 to
30 y*
Mar 15
107
Mar
4
11% Jan
16
4%%
5
Jan
<•
47
Feb
11
54% Jan
40% Feb
13
48% Jan
5
5
53% Jan
9
Dec
"
59
Mar
50
109% Aug
97to
Dfec
21%
Dec
27%
23 to
Dec
29%
Feb
95% Mar
5
100
'
2
Jan
13
26
23% Jan
5
25% Jan
110% Jan
2
21% Feb
Jan
86
No par
43%
87
Dec
101
Mar
21
Apr
43
Dec
81
Jan
93
12
-
18
30 to
to
99
96to
29%
28 %
29 y4
28%
*83%
85%
*83%
85%
85%
84
25%
25%
3%%
4%
$4
12% Feb 11
17% Jan
10
165
Aug
169
163 to
Nov
203
32%
Apr
42%
May
8% May
Oct
10% Feb
140
Jan
140
84%
Sep
71% Mar
20%
200
Dec
15
Feb
145
Jan
Oct
9
5
Jan
6
10% Jan
16
38
Dec
33
Jan
6
49% Jan
9
35%
Oct
Oct
12% Jan 28
Feb
8% Feb 27
Dec
43
Feb
,
No par
31
Mar 19
35
Feb
6
90
Dec
x90
Feb
11
102
Feb
6
102% Dec
Dec
111
Aug
120% July
130
Aug
146% July
Jun
t,
114%
Feb
111% Feb 16
Feb
11
109% Mar
5
X127
13%
13%
*13%
5
Potomac
Jan
Electric
No par
Power
—l
$4.75
Jan
12
35 1
Feb
18
Jan
5
preferred
cum
Public Service
Co
of
97% Jan 14
108% Jan
7
$5
6%
7%
preferred.
preferred
9
8%
135% Jan 12
111% Jan
2
preferred
Pub Serv Elec St Gas
Pullman
No par
.100
——10o
loo
pfd $5—No par
Inc—
Jan
5
x25 % Feb
5
30% Jan
12
Jan
101% Feb
13
107
Jan
8
24 to
Dec
36%
Feb
x25
Feb
11
31
Jan
5
preferred——
Puritv Bakeries Corp
24y4Jan
5
X21% Feb 25
5%
Oil
Highest
I per share
# per share
I per Share
8%
12
8%
12%
76
76
11%
12
•71%
73%
77%
*72%
16%
*15%
16%
16%
146
•144
150
*142.
31%
190
73%
16%
300
20
150
29%
30%
31
31
10%
10%
10
10%
43%
44%
44
45%
44%
46
32%
33
33
45
♦31
32%
33
1
•31%
*10
32
4,000
10%
13%
13
13
13
13
13
13
13
13%
13%
13%
13%
13%
13%
13%
8%
8%
8%
8%
8%
13%
8%
13%
8%
8%
8%
400
7,800
1,200
13
13%
8%
*13
32
32
*31%
*30%
33
33
65%
65%
65%
b-**/a
65
b4y4
21%
21%
21%
19
21
19
*80%
81%
81%
82
*31
64 y4
65
4,300
20
19%
21%
5,500
82%
82%
33%
34.
22%
23
81%
81%
33
33%
32%
32%
*32%
33%
22
22%
21%
22%
21%
22y«
95
95%
95
95%
95 %
96
-
*103
103%
103%
104
102%
104
*113%
113%
113%
113 ¥4
113%
113%
128%
128
128%
128
128%
128%
110
110
110
110
110
♦81%
42
41
105%
27
105%
•26
26%
*21%
42
27
42%
26%
100
2V%_
V
95%
95%
96%
96
980
103%
103%
105
1,460
114%
118
128%
•110
40%
41%
42
28%
28%
•105%
"■
43
920
290
42%
29
28%
*105%
105%
25%
25%
25%
25%
*25%
26%
217/«
21%
217/8
*21%
2l7/a
*21%
22
21%
133
110
108
105%
165% 105%
810
128%
110
128%
111
"105% 105%
26%
26%
21%
660
1,500
10,200
114%
26
26%
■
103
102% 102%
114%
-113%
41
40%
26%'
33%
22%
114
110
:
82%
33
22 y«
t
128%
110%
128%
*110
1
300
64%
19%
22%
96
31
31
64 %
33
*95
4,000
19%
81%
22%
81%
32
700
8,700
9
64%
,
33
__No par
2,000
77%
10%
x32%
4,900
3,500
♦130
73
*140
~60
35
13%
*25%
22
43%
29%
9,100
35,500
108
300
26%
700
22
300
LOW AND HIGH SALE PRICES
Saturday
NEW YORK STOCK
Range since Jan. 1
Lowest
Highest
Year 1947
8%
.
31%
43%
35
159%
8%
11%
*130 ,/
40
153
*157%
34%
16 %
30%
46%
35
*146
*71%
16%
*10
STOCKS
Range for Previous
Lowest
-45%
34%
No par
(The) common
conv
32%
400
159%
35%
75
21%
Quaker Stats Oil Refining Corp..10
24% Dec
Pure
31%
14%
153
11%
150
3,500
34%
75
72%
*139
1,700
85%
27%
8%
71%
150
13%
27%
*13%
*157%
*130
76%
12%
♦84%
*146
8
*15%
16%
46%
*65
...No par
Feb
Dec
*139
74
10%
*31%
'
20
61%
16%
33
com—No par
preferred
119% Jan
*72%
'
13%
11%
*75
12%
85
27%
14%
8%
—No par
Colorado
Pub Serv Corp of N J
11%
77
? 12%
85
13%
.5
com
12
*130
77
200
34%
34
>
9,900
12%
159%
159%
8%
60%
153
♦146
35%
8
*138
*10
i
No par
.
Inc
29%
Mar
*11%
8%
10%
*13
Co—10
109%
20
8%v
34%
«
4% % conv preferred series A..50
23
53
160
46%
5
Pressed Steel car Co Inc com
2
•10
..1
Oct
40% Mar 17
153
50
700
13%
34%
200
87%
310
13
160
30
40
99%
13%
*146
86
*38
•96
13%
35%
200
*99%
Pittsburgh Forgings Co
14
__i
*13%
Pitts Ft Wayne & Chic Ry com—10o
*146
153
7%
gtd preferred—.—100
*159% 160%
Pittsburgh Plate Glass Co.—10
35%
35%
Pittsburgh Screw St Bolt
..No par ■v.'--."-; 8%
8%
Pittsburgh Steel Co com
No par
*ii%
12%
7% preferred class B_
*127
..100
*76
5% preferred class A.
-.100
77%
5%% 1st ser conv prior pfd__100
74
*72%
Pittsburgh St West Virginia.___.100 i
*16%
17
*139
150
Pittsburgh Young St Ash pfd
100
Pittston Co (The)
1
33%
33%
160
10
94
*83
"
100
26%
153
8,100
♦89
♦96
12%
35%
26%
31%
26%
160
26
31%
85
*146
4,200
*84
29%
85%
31%
100
99% 100
*96
'
28%
660
31%
31%;
11%
.
6,600
12%
26 %
Poor & Co class B_
34
99%
*96
—
15%
38%
87%
58%
58
85
13% Mar 19
9
31%
99%
100
31%
300
15%
300
*11%
14
12%
106%
5iy4May
21% May
99%
♦96
*11%
26%
87
15
20
100
*96
57%
12%
*30%
31%
58 %
12%
96%
25
*86%
58%
12%
85%
Mar 11
81
32% Jan
Feb
100
31%
•<
58%
57
14
107%
96%
86
38%
12
Publlcker Industries
Feb
31%
59
*83
26
Procter St Gamble
Jan
*30%
58%
*24%
107%
26 %
.'87%
&5 %
8
25%
*12%
•
88%
12%
9
38 V2
14
58%
84
38
*86%
26%
Mar
102%
88%
.'87%
23
Dec
39%
*86%
12%
71% Jan
Dec
87
*38
88%
26%
16
19%
*82
39 %'
5,500
28%
♦88
*85%
27
30 to May
87
*86%
50
22%
96%
15%
84
12%
18
Feb
*82
*38
*88
280
96%
22
94
26%
Pond Creek Pocahontas
9
83%
87
39%
88%
58%
r
;
38
92%
94
87%
Plymouth Oil Co..
11% Jan
25%
85%
62% Feb
Jan
92%
*12
i
*84
25%
26%
32%
May
15% May
25%
51%
*95%
24%
xl5
*11%
71% Nov
57
25%
94
*37%'
1
Plough Inc
Mar 15
15% Jan
25%
*92 V4
*86%
...100
♦96
85%
*04
25%
-
,
9
17
Nov
Jan
8
Feb
19%
127
Jan
10
16
110%
6
33% Mar
28% Jan 22
15 Yb
111
27
14% Jan
Dec
85 Va
Jan
145
29% Feb 14
12% Feb 13
33 to
2
'
May
9
Jan
21% Jan
9
38%
12 to
5
9
:
87% Jan
13
Jan
Mar 12
80
Jan
Sep
2i
Apr
19% May
11% May
preferred
24
24
92%
*62
—25
common.
Pitts Consolidation Coal Co
14% Jan 29
11
27
73% Feb 28
10 % May
10
w_100
No par
Pitts Coke St Chem Co cora_.No par
$5 convertible preferred—.No par
5
163% Jan
Oct
25%
....
Dec
May
17% May
series
25
*91
v.
5%
16
171
100
preferred.'
Phillips Jones Corp com—
Dec
67
.100
common...5
preferred...
3.60
16
93%
preferred series A
Philip Morris St Co Ltd
2
140
107%
96 %
28%
30
Apr
59% May
24%
107%
96%
29%
Jan
114
24%
107 y4
29%
90
10
24%
107 V*
29%
2
14% Jan
13
22%
29%
31% Jan
>Feb
22 y8
.3
Mar 17
8
22%
15%
Mar 16
Dec
21%
15%
26
Nov
22%
15%
85
15
21%
15
Dec
10 V4
96%
15%
Mar
7
*95%
15%
32%
39% Jan
96%
51%
95%
44%
51%
*95%
51%
95%
15%
Jan
16
52
1
Dec
20
*51
2,600
1,600
2,500
16,700
53%
51%
96%
common
400
4
46
51
107 %
May
Feb
51
44%
106%
18%
Feb
51
42%
.
*95%
Pitts C C St St Louis RR
34
51
42%
96%
103% Jan
157
50%
42
14%
24%
Plllsbury Mills Inc
Feb
50
43
107 %
34% Jan
Jan
14%
50%
41%
22%
13% Jan 13
Aug
14%
50 y8
42%
*95%
15%
13
62% Jan
149
14%
50%
42%
22
cumulative preferred——100
Phillips Petroleum
No ptrr
Phoenix Hosiery
5
Jan 26
15'
50
22
I
10%
14%
88,700
105%
10%
14%
42%
107%
5
Jan
145
'
10'/»
600
16%
30%
15%
•28%
*104%
100
88%
11%
50
*24%
5
Feb"il
14%
14%
17%
130
38%
*10%
30%
900
110
88%
106
10 Yb
96%
30
11%
16%
*28 to
♦104%
107%
Feb
Oct
17%
29
*95%
88
16%
17%
*24%
10
102
11%
♦106%
: Jan
7
no
100
90
99% Feb
11%
100
96% Dec
Dec,
89
NO par
42
Feb
♦88
preferred.
2
20% Feb 25
90
23,600
45
*36
preferred.
87% Jan
54% Jan 21
12
Feb 10
38
3.8%
28% Jan 10
92% Mar 12
Jan 26
87% Jan 22
Feb
108
90
6
*35%
4.4%
36
38% July
Apr
Dec
Jan
110
9
83% Mar 17
July
63% July
Jun
2
25% Mar 16
Feb
85
50to Mar
Feb
Jan
17%
♦43%
112
2
Jan
17%
43%
43%
ioo
?,Ioo
18%
17%
42%
21%
Phlla St Reading Coal & Iron
109
*14%
17%
18%
50
•
25
96
Philco Corp
Dec
15
18%
*110
*104% 106
io
ioy4
10%
10
18%
29
29
106
*104%
10%
95%
16% Jan 30
Dec
10%
•10
18%
17%
29
'
96%
33% Jan
25
18 %
29%
*89
11
*10
106
*95%
19
85
18
29 %:
44
44%
112% 112%
37%
37%
90
89%
12%
17%
39'/a
*37%
90
xl7%
112%
*110
39%
18%
43%
43%
No par
22
88
44
18%
18%
17%
18%
*104%
18%
18%
112%
.No par
preferred™,
Phlla Electric Co common
$1 preference common...
Jan
84
18%
♦10
10%
Shares
32
114
51%
Jan
98% Mar
•28
♦112
51%
28
Dec
32
114
52
21
28
*28
*112
*51%
Jan
35% Nov
31
114
90
106
*14%
*28
•112
50
Jan
Jan
i'i
i
14
10% May
*10%
31
*37 %
29%
♦104%
5
91
97
17%
*28
ioo
104
21
?..
33 %c
the Week
114
18%
11%
18%
■ales lor
$ per share
31
44
*10
Friday
Mar. 19
Mar, 18
t per share
share
*112
*110
90
Thnrsday
Mar. 17
t per
share
31
18%
44
*88%
NO par
120 to Aug
109% Aug
16"% Oct
18%
*43
*109% 112%
*37%
39%
.
$ per
114
♦112
18%
18%
s0
_loo
2nd preferred
.
18%
—100
Dec
95
'
Mar. 16
t per share
*27%
114
Wednesday
T'tesday
Mar, 15
32
*112
10
Phelps-Dodge Corp.
Philadelphia Co 6% preferred
22 y4 Jan 26
Jan
*27%
:
s
Dec
111%
Monday
8 per share
■
..100
Petroleum Corp of America
Pfeifier Brewing Co..
Pfizer (Chas) St Co Inc
13
48%
Apr
Dec
49 to
6
62to Jan
May
.37
90
7
Dec
,
^
Salt Mfg Co com
13% Jan
34
108%
RR
4
15% Mar 19
8% Map
Pennsylvania
Pennsylvania
16
10% Feb
34% July
Map
Dec
23
V
-i Par
: v
17
Dec
22 to
' -I '
86% Feb
Map
6
Saturday
,
Mar. IS
3%% conv series A pfd
Peoples Drug Stores In*
Peoples G L & Coke (Chici
Peoria At Eastern
Ry Co
Pepsi-Cola Co
101 to Feb
22
Feb
JUO
'
Penn Glass Sand
Corp c6m_.No pa*
5% preferred
ioo
Penn Power &
Light Co
—No par
14
20
16% Feb 27
Deer
,
RECORD
.
_
Dec
81 V-i
J' .*•
12
Jan
:
38
;
EXCHANGE
Jan
45%
ill
.
STOCK
LOW AND HIGH SALE PRIQE8
NEW YORK STOCK
:
8 per share
Feb 18
112
26*% Feb
Dec
Ma;
15
t
8 per share
8 per share
share
:
YORK
CHRONICLE
STOCKS
Range since Jan. 1
Lowest
Highest
Highest
Lowesi
2a
FINANCIAL
Previous
Tear 1947
# per
&
Monday
Mar. 13
EXCHANGE
Par
$ per share
*
Mar. 16
t per share
• per share
Thursday
Wednesday
Tuesday
Mar. 15
$ per share
Mar. 17
' $
Friday
$
per
share
Sales for
Mar. 19
Mar. 18
share
per
the Week
Shares
$ per share'
R
7% May
10% Feb
68%
Dec
80%
8%
94%
Dec
15%
7% Feb 20
r
63% Feb
Feb
Jan
7% Feb 27
.41..
32
22% Feb 20
Dec
16% Feb 20
Dec
33
Nov
39
36% Feb 24
31
Feb 16
48% July
Oct
May
Dec
July
Radio Corp
5
31% Jan
30% Jan
34% Jan
Radio-Keith-Orpheum—
Ralston Purina Co 3%% pfd
Raybestos Manhattan—
Rayonier Inc common..—
5
34% Jan
12% Feb
$2
9
10
6
■
4
Feb
25
11% Feb 11
13
Jan
2
14% Nov
10% Mar 18
14% Jan
7
Feb
22% Mar 11
25
Jan
5
20% May
10 y4 Dec
29 ya
Feb
10% Feb 27
11% Jan
62
Dec
84%
Feb
62% Jan
14
63% Jan
Dec
17
Aug
11
Mar 17
14% Jan
"
96
Nov
-
23
12%
17%
102'
24% Jan
33%
.
Jan
x95% Mar
Oct
x22% Mar 10
5
preferred
Reliance
5
Mfg Co common
Feb
9
Conv pfd 3%% series
Remington-Rand common
$4.50 preferred
——
29% Jan
7
Reo Motors Inc
97
2
9%
8%
9%
8%
65%
65%
65%
65%
8%
8%
94
*93%
93%
*92%
93%
93%
93%
93%
93%
28%
28%
*28%
♦28%
24%
24%
*31%
32%
66
•
66
8%
8%
._—1
100
No par
*93%
—1
—25
--—50
Reading Co common—
4% non->cum 1st preferred——50
4% non-cum 2nd preferred.^—5o
Real Silk Hosiery common—-_—5
1% preferred
—.—100
Reeves Bros Inc
50c
Reis (Robt) St Co—
$1.25 div prior preference..—10
Reliable Stores Corp——.—No par
2
20% Jan
39
Jan
9%
65%
9%
8%
of America com—No par
$3.50 conv 1st preferred—No par
9
105
101
108% Mar
16 y4 Feb
■«
9% Jan
69% Jan
5
8% Mar 12
98
Jan 28
10% Feb 24
Jan 21
■18% Feb
9% May ,•
12%
Jan 28
31
22 % July
37
11
18
28 Yz Mar 11
Feb
38% Feb
16% May
96
Feb
92
105 ya Mar
Dec
>28% May
17% May
32% Dec
11
28%
28%
28%
25
25
23
24%
32
32
31%
31%
17%
18
18
*36
38
♦36%
17%
17% \
32%
*31%
11%
*11%
12%
106
*103
,
9%
14
May
-
6%
Dec
Dec
19% Jun
901
6% Feb
Feb
3% Mar
4
8% Feb 11
15% Feb
Dec
22% May :
101% Deo <
91
Jan
8%
4% May
Dec
30%
■
113% May
24% Feb
22% Feb
Jan
15% Feb
103
Apr
82 ya Feb
11% Feb
Jan
39
5% Feb
110
May
May
36% May
45
May
124
85"
104
9
Feb
Jan
16%
44%
Feb
Dec
Feb
19% Feb
92
50%
11
5
10
17
20
27
37
Mar 16
47
Mar 18
25%
Feb
18%
Dec
15 ya Jan 26
Feb
22
18
20% Nov
15% Mar
17
Jan
87% Feb
9
5% Mar
6% Feb
19%
Mar
9
5
19% Feb
Dec
10% Mar
14
,
2
27
5
Jan
105% Jan 28
I9y4 Jan
93
2
Jan
7% Jan
24% Jan
10% Jan
41% Jan
31
Apr
13%
9
104% Jan
23% May
5% Sep
19
4% Jan
10% Jan
11
18
20% Mar 16
Dec
10% Mar 1-9
Mar 19
7% Feb
Feb
10
50
•
23% Jan
6"
18% Jan
2
24% Jan 19
7
Jan 19
8% Jan 19
24% Jan 19
8
18
Jan
2
Mar 16
21
Jan
2
Sep
42% May
17% Dee
24%
68%
Oct
2
Feb
54% Jan 22
3
64% Jan
26 Y*
14 y4 Mar'
18% Jan
6
40
55%
jan
39% Feb 24
46
Jan
2
12 y8
Jan
11
32% Feb 11
10% Jan
8
Jun
5% May
18
May
Oct
37% Dec
8% Feb
lo
series——100
Rheera Manufacturing Co
1
Richfield OH Corp.
—No par
Ritter Company.—*
No par
Roan Antelope Copper Mines.
—Robertshaw-Fulton Controls Co..1
4%% conv preferred—i
25
Ronson Art Metal Wks Inc—-—J
Royal Typewriter —
—1
Ruberoid Co (The).—
-No par
•
Ruppert (Jaoob) —
COihmon
Jan
93% Jan 20
38% Mar 15
Preferred
—
St Joseph Lead.
_
^
10
t c~No par
Preferred series A 5% vtc__—100
St L^San F Ry Co com v
106
*103
106
9
.
9%
,
66
66
8'/a
'
28%
28%
28%
500
24
24%
24 y.
24%
3,200
31%
31%
31%
31%
17%
*31%
17%
32%
10%
•102
31%
17%
38
*36 *
17%
36%
,
36%
*31%
33
*32
33
*10%
11%
*11
♦102
*102
106
11%
11%
*ny4
11%'
11%
11%
11
11
*10%
11%
10%
10%
23%
*22%
23%
*22%
23%
♦22 1
22%
10%
10%
10%
10%
10%
10%
ii
*60%
62%
11%
11%
*96%
*23%
9%
4%
*9%
!
.11%
96%
24
23%
23
23%
8%
9%
9
3%
4
9%
9%
11%
.
97
"•••
11%
4
4'/«
♦102%
105
♦16%
88
6
9%
9%
23%
23%
*103% 104%
16
" 16%
9%
23%
«
*103% 104%
16%
16%
*87
4%
9%
23%
9%
-
*87
5%
16%
87
88%
6
87
,
5%
"'
5%
3%
•96%
23%
9%
86%
86 y»
5%'
11%
*96%
1,900
500
22%
11%
1,400
63
50
11%
13,100
97
100
23%
3%
23%
23%
1,500
10%
10
10%
60,900
4
3%
4
6,000
10
10
*9%
10
800
23%
24%
23%
25
25,300
*103%
104%
*103%
,23%
,23%
103% 103 y*
16%
16%
63
97
10
4
9%
*22
11
11%
600
10%
63
*61%
10%
:...
'24
5%
v
11%
96%
23%
100
■
11%
10%
11%
'
23%
■
63
11%
97
23%
9%
63
100
'
106
11%
'
22%
11%
23%
97
•22
11
*96%
11
600
1,000
i
11%
106
*96%
170
17%
37,
10%
*22%
<
17%
I *36%
.
32%
11%
63
17,600
23%
11%
*61
200
16%
*86
5%
16%
17%
87%
16%
5%
104%
87
87
140
6
12,500
5%
5%
3,100
'
*20%
>94
21%
96
21%
*95
8%
8%
8
37%
37%
37
8
37%
*47%
48%
90%
*47%
♦90%
48%
90%
20 Yb
20%
20%
20%
48%
91
92
8%
37%
37
8%
37%
20
f
1,600
8,600
•47
48
;
>90%
.91
200
20%
20%
20%
21
1,600
3,100
47
47%
*90%
91
50
16%
16%
10%
10%
16%
16%
23%
*23 y4
22%
22%
900
5%
5%
24%
5%
•22%
5%
5%
16%
23%
3%
16%
23%
5%
5%
7%
7%
7%
7%
20
7%
7%
7%
7%
7%
3,300
2,500
16%
23
.
7%,
*20
20%
20
*19
*15%
16%
15%
15%
15%
15%
*15%
17%
17%
17%
17
17%
58%
58%
58%
*56%
58
14%
14%
14%
♦14%
14%
*20
•56
57%
17%
58%
*14%
14%
14%
38%
92
8
8
37%
2,100
5%
16%
23
9%
22%
94
•92
V.J
22%
5%
16%
24
43%
22
21%
5%
*16%
*23
*7%
.,
,
91
*47%
*90%
*5%
96
8
37
20%
48%
91
20%
*92
8%
37%
21
20%
*47
*90%
20%
•
X21
95
95
8%
*37%
-
20%
20%
21%
96
900
.
93%
28%
11%
63
66,700
8%
23
11%
11%
9%
67
8%
93%
♦28%
11%
*61
9
67
„
8%;
12
11%
•
3.60%
11%
9
65%
8%
8
*11%
5
100
50c
25
*
Republic Aviation Corp.
1
Republic Pictures common——_50e
$1 convertible preferred
—10
Republic Steel Corp com—No par
6 ft conv prior pfd series A—100
Revere Copper St Brass com—N6 par
5 % % preferred.—.—
1—100
Rexall Drug Inc—
*.2.50
Reynolds Metals Co com—-No par
5%1t convertible preferred...100
Reynolds Spring
—
;—?—-1
Reynolds (R J) Tob class B
10
32%
10%
"
3%
9%
38
*31
32%
11%
*103
17%
*36
38
*30%
•
8%
20%
42%
17
43%
9%
43%
9%
8%
43%
9%
42%
9Vz
38%
38%
38%
36%
38%
36%
44
9
20
15%
17
42%
9%
37%
20%
43
9%
38
-
17%
3,000
55
55%
900
14%
14%
17%
58
*56%
•15%
17%
17
20%
15%
20
•15%
7%
20%
15%
14%
15
44%
43%
45%
600
400
1,200
9%
9%
9%
4,700
17,800
38%
37%
38%
5,700
22
THE COMMERCIAL
(1274)
Range since Jan. 1
Lowest
Highest
Year 1947
Highest
$ per share
Lowest
S per
share
EXCHANGE
Par
$ per share
$ per share
$ per
$ per share
99% Jan
2
Jan
67
Dec
St
8
Louis Southwestern
57
Dec
60 %
Dec
58
Jan
29
77 % Mar 10
9
Jun
12
Oct
8
Feb
13
lOVsJan
7
80
Dec
98% July
79
Feb
18
82
Jan
9
St Regis Paper Co common
1st pfd 4.40% series A
x20
Dec
26% July
17% Mar 19
21% Jan
2
Safeway Stores common
Jan
112% Jan
5
8% Feb
10
5%
preferred
non-cum
5
31 Vi Jan
39% Mar 10
44% Jan
5
5% preferred
Savage Arms Corp
_
Schenley Distillers Corp
Scott Paper Co common
92
Dec
103% Sep
90% Feb
95
9
$3.40 cum preferred
90
Dec
102% July
88% Feb
13
14% Jan
85% Feb
108
114% Mar
Dec
11%
7*A May
55%
40Ya' Dec
25% Mar
Jan
49 %
23 % May
108
Feb
Jan
27
13 y8
Nov
18%
Jan
13% Feb
Dec
98% Mar
81% Feb
2
Jan
91% Mar 18
13
83%
15
10% Mar 17
20
Scovill Mfg Co 3.65%
Scran ton Elec Co
6
*3.35%
Co__100
Ry.
cum
v
t c__No par
*15y8
preferred series A
100
*45 Ya
Feb
13% Feb
11
18 Ya Jan
Feb
44
Feb
19
50
17%
Dec
19%
Nov
15% Feb
10
17% Jan
Seaboard Finance Co
Mar
43%
Dec
35% Feb
11
44% Jan
Seaboard Oil Co of Del
5% May
10%
Feb
5% Feb
11
7
Feb
38
Jan
23
30% May
40% July
31% Feb
5
11
16%
11% Jan
'6
Oct
6%
16%
Dec
20%
Feb
110
5%
9% Mar 16
12% Jan
Jan
94
Feb
26
104
Servel Inc
Jan
31
Apr
30%
Dec
26% Feb
11
29
Jan
40%
Oct
30
Feb
11
35
y4 Jan
33%
Jan
17% Feb
Feb
23 V3 Jan
11
25
70
Dec
82
Feb
68
14%
Dec
21%
Feb
11%
Dec
22
Feb
12
24 % May
35%
Dec
28% Feb
6% May
9%
Feb
Sharon
&
Steel
*5%
10
1
*12
15
30
11
35% Jan
8
Shell
7'A Jan
5
Sheraton
Union
Oil
4
6% Feb
Apr
27% May
39
41
Apr
4% Feb
6% Mar
5
27% Feb
Jan
14
51
Feb
35% Mar 13
14
May
18 %
Dec
15
Feb
Mar
117%
Dec
92% Feb
15
May
23
Oct
18
Feb
11
May
62%
Oct
48
Feb
10
29 % May
39%
Oct
Simmons
30% Mar 17
10%
8
5
Sinclair Oil Corp..
2
Skelly Oil Co
2
Jan
21
Jan
58
-
Jan
2
35 % Jan
12
Dec
102%
Jun
87
Jan
13
23%
Dec
35%
Jan
19% Feb
5
24% Jan
13% Mar
17%
Dec
14% Feb
11
17Jan
3% May
5%
Feb
3% Jan
24
4 % Jan
5%
8% Jan
6% Jan
Smith
42
5% Mar
4
Feb
17
Nov
54%
Apr
39
14"% May
22%
Jan
37% May
Mar 18
45
20
Corp
3 %%
cumulative
12% Mar 11
16% Jan
8
-36% Mar 17
42% Jan
15
!
15
5%
preferred
Southeastern Greyhound Lines
Jan
42%
Dec
37
42% Jan
15
Dec
34%
Jan
25% Mar 16
29% Jan
9
Southern
California
22
July
28%
Feb
20 ya Feo
27
24% Jan
5
Southern
Natural Gas
Apr
50%
Dec
43% Feb
2
Southern Pacific Co
May
57% May
50 %
Jan
33% Feb
11,
41% Jan
5
Southern
77 *
Feb
58% Feb
20
64
Jan
2
5%
Aug
70% Feb
27
73
Jan
6
Mobile & Ohio stock
34%
28
68
Nov
^
81
'
Mar 17.
11
51
Jan
17%
17%
19
■
5
10
*94
26%
27%.
27%
28
28%
2,300
31%
31
31%
31
313/4
4,000
20%
21
21%
■'22
22
2,500
13
/ 30
.
6
5 Va
5%
5%
5%
3,400
28%
28%
283A
28%
3,500
35%
36%
36%
36'A
300
17%
32,100
*33%
17%
;• ■■
I
108 Ya
109
54%
31
*88
-'20
37%
37%
38%
37%
37%
25%
26
26
7.50
21%
21%
21
21
No oar
48
48%
47%
Railway common—No par
preferred
100
37%
37%
*59
60%
59%
37%
non-cum
100
<
"
*
*70
71
*70
Vl
'
/.
•
37%
vi.
15%
374
15%
430
% 300
30,200
16
36%
37%./ 37Va
*3%
I/'.:/? 5%
6 Ya
5%
*40
39
37
25%
21%.
;
I 47%
36%
58%
58%
■
3,100
36%
38%
200
25%
25%
2,900
21%
21%
21%
1,100
•,47%
47%
48 yB
363/8
46%
1,000
14
36%
38
48
35 y4,
583/a
13%
*36%
*2134
21%
35 Va
36 Va
1,200
:
5%
43
25% -f 25%
*36
25%
,21
46%
13%
37
37
25%
21 V-
■
(13%
:
4
*40
43
36%
13% >13%
13%
60
36%
37
59
59 y8
59 y»
*70
71
700
89
20%
3%
43
*40
48%
,
*88
*19%
3%
6%
6
6
37% ',,
.
V
'
25 Va
,
700
1,000
•,
32
89
.
15%; •'■'1574
15%
3%
43
*37 y4
*19-3/4
18%
55 '
*31%
21'
89
89
20
-
.
2,600
18%
54%
31
115
54%
18%
*18
18%
30%
15%
-
17%
110%
54%
30%
j
.
-3%
13%
17%
110'A
*18
Y
30%
*40
,
*53
-18%'
.-54
6;
:
lTVa
109 y2
17%
16%
108 Ya
15 '/a"'.'
13%
13%
13%
6
4,100
*33%
3%'
43
8,500
-
6
5%,
15%
*40%
500
30%
5%
6
574
5%
12%
-
30%
30l/a '30%
30%
<
*12
Yz
28»A
15%
6 Ya
1,300
12
5,%
88 ya
44
200
133/a
*12
12%
53/4
20 Ya
*6
73%
13%
28%
15 Va
*40
73%
13
13
'
*113A
,
76
13
*72%
76
*72%
35%
/
30%
".
26%
30 3/4
20%
X
5%
54
4
4,800
96
28 Va
■
88'%
.
20,600
'-,,2,500
1,600
10 Va
10
96
5%
20 y8
4
6%
■
10
700
6
53/4
*94
76
88%
4
400
:
1,200
34
33%
vl-1%; '11%
10
20 3/4
18'A
-
:
96
26 3A
57/a
•4,100
46
*5%
10
313/4
;
15%
'
*94
10 y8
96
20%
25%
,
5%
5%
88%
37%
tr ctfs
5%
5%
107
..
-
*37 Ys
*
11%
5%
16%
108 3/4
25
Co.:
34 %
11%
;
50
Edison
33%
11%
20%
4
South Porto Rico Sugar com—No par
8%
preferred
i._25
56
Nov
34
11%
21
12%
27
33%
88 Va
15 V*
5
40%
34 y8
*34
54%
South Amer Gold & Platinum——1
South Carolina E & G Co com__7.50
6
27%
3iy8
Socony Vacuum Oil Co Inc__
9
.
35%
31
2
Jan
•'
,
*54
2
*5%
30%
:;
5%
*1&
88 Yz
6
30
30%
18 'A
*20V8
*5%
6
12
32
preferred—100
39%
12
55
Smith & Corona Typewriter_.No par
38%
*38%
12%
*31 Ya
8
39%
"
39
39
39
13
108%
17%
110
18 'A
15%
12%
*54
—10
Smith (A) & Sons Carpet Co com—20
16
*
89
(A O)
17%
15%
*72
:
-
.
6*
no
15
15
10
2,400
86
*44
20%
28%
15
*833/4
86
16
13%
*5%
No par
*83%
86
15%
72
28 Ya
„
„
*83%
44%
72
5%
Sloss-Sheffield Steel & Iron
115
180
14
16
21%
35%
133/4
44%
31
28 %
35 %
14
14%
X263A
5V2
35 V2
14
16
27%
32%
28 Va
No par
14
v
44%
97/a
5
Simonds Saw & Steel
92%
14%
*94
No par
—
Jan
87%
Oct
Co
18% Jan
10
38
Silver King Coalition Mines
5
44
11
65
5
Jan
34
91%
*913/4
*153/4
95%
5%
*90%
913A
*43%
5%
6
30
6
300
92%
913A
16 Ya
13
30
*5%
41
*90%
11%. 11%
:V
1
1
41
41
580
8,100
21,600
15
33%
11%,
*12'/a
28%
45
21
.
26%
4,500
.
86
*5 Ya
'
Corp of America
14
10%
913A
'
34%
*32
12y2
Co—
14%
383/4
6
27%
27%
31%
21 %
913/4
*15%
39%
*93%
91
9%
26%
41
41
91
*91
'160
17%
110%
14%
N
16%
6
*40
91%
41
13,400
■
81
17%
10
26
9%
44 Yz
15%
46
,.
11%
13V2
5% Mar 15
26%
14%
34%
76
Pen
25%
*83 Va
*15%-
*27%
*13JA
A)
26%
,
110
"
110%
111%
40
77
81
18
17%
Shares
91%
9%
81%
9 3/4
*91
85
15 Ye
*45
1
*72
(W
,
14%
10
No par
Sheaffer
10%
91%
,
91%
*83 y2
No par
—
Corp
93
14%
10
No par
8
9%
*40
41
*90%
95%
$3.50 conv pref series A
(Frank G)
Jan
*110%
9%
x25%
*39%
6'
*93
26%
*91%
6
No par
13
9
26%
34'A
11 Yz
11V2
1
Shattuck
Mar
81%
17%
111'A
75
93/a
81%
17%
*80%
*90
72%
9%
93/a
the Week
$ per share
91%
y4
*noy4
9 Yz
*5%
common
2
9%
Sales for
Mar. 19
k
share
72
18 'A
xllO
9%
*39
31%
*20%
15% Jan
*88
72
81Yz
xl7%
18%
110%
9%
40
34
5
1
Oas
92
*71%
110%
*80 %
81
18%
,
*5%
5
No par
No par
Sharpe & Dohme
8
73 Va Mar 19
12% Mar 16
*39
common
Shamrock Oil
10
May
16
No par
$4.50 preferred
5
24% May
18
1
Seeger Refrigerator Co
Seiberling Rubber Co.
Jan
8
com
Seagrave Corp
Sears Roebuck & Co
12% Jan
Mar 10
6
Feb
16%
Dec
10% May
101
Feb
Seaboard Air Line
81
110
14 Ya
85
15%
47
16
*83Ya
55
Jan
14 y4
100
24%
9
9%
*89
.
,
(The! common—5
11Ya May
9%
share
9%
71 %
73%
S per
71 Va
92
*89
*93
*71
—100
*71
5
9%
—100
*80
81
5 '
18%:
18 Va
100
*110
110%
5
9
9
1.75
'
26
26%
No par
*39%
41
No par
*91'A
93
pfd„100
*90%
91%
cumulative preferred
39 3A May
*90
93
73 %
9 V2
92
Friday
Mar. 18
Mar. 17
$ per
share
-
68%
Dec
66
Thursday
Wednesday
Mar. 16
Mar. 15
tper share
HIGH SALE PRICES
AND
Tuesday
Monday
Saturday
Mar. 13
STOCK
YORK
NEW
LOW
"
STOCKS
Range for Previous
Monday, March 22, 1943
RECORD
STOCK
YORK
NEW
v
FINANCIAL CHRONICLE
&
71
*70
71
*70
15
15
15
48%
21,100
■'; 36%
37%
6,900
59
593A
1,300
*70
71
15
1,500
15
71
,
'
15
:
May
4% May
20%
Feb
15
7%
Feb
4
26
4% Jan
Sparks
6
May
14%
Jan
5% Mar 16
7 % Jan
Spear & Co
73
Dec
93%
Jan
23%
Sep
16% May
Mar 10
Feb
Jan
71
18
7
31% July
73,
23% Mar 18
20% Feb
Jan
Spalding
$5.50
Jan
29% Jan
(A G)
& Bros Inc
1
15%
15%
15
4JA
4%
41A
4
*5%
6'A
*5%
6%
5%
^
preferred
24%
Oct
17%
Feb
7% Mar 16
10 '/a Jan
8
90%
Feb
61% Mar 17
70
Jan
5
13% May
18%
Feb
15% Feb
Jan
25% Mar 17
2
Squibb
Feb
98% Mar
*71
73%.
*70
1
*25
25 %
25
25%
25%
Square D Co___
45%
18'/» Jan
29V4Jan
2
27
Nov
99
Nov
23%
112%
Dec
83
Dec
37%
102
17% May
Jan
Aug
16
9
22% Mar
82
27 Va Mar 19
20
104
2
Feb
Jan
29
28 % Jan
11
9
Jan
12
25% Jan
87
Conv
$4
$4.50
16%
1
*25%
common
No par
Brands
$3.50 cum
Inc
367/a
Jan
19%fFeb 27
31
Standard G & E Co $4 pref—No par
May
114%
Feb
86
Feb
11
98% Feb
May
125
Feb
97% Feb
27
109 % Feb
2
$6 prior preferred
,4
No par
$7 prior preferred
No par
Standard Oil of California—No par
63,
July
54% Jan
27
62% Jan
2
44% July
36% Feb
13
43
2
80
July
31% Aug
69% Feb
U
24% Feb
63
Mar
23%
Jan
94
Dec
105
78% Jan
2
27
3iy4 Jan
12
Standard
91
Feb
17
96
Jan
22
3%%
11% Feb
10
15y8Jan
2
13
17%
Feb
41 %
49
Feb
38
Feb
11
41% Jan
37
May
47
Oct
37
Feb
16
41
12
May
18
Jan
11% Mar
34
Dec
88
Dec
30%
49
Nov
Standard Oil of Indiana—
Standard Oil of New Jersey
Jan
10% May
Jun
,
Jan
Jan
104% Mar
36%
Oct
6
32% Mar 12
88
Feb
27
Mar
10
9
Oil
of
Ohio
Standard
21%
Jan
10% May
17
Feb
11% Jan
16
25%
Feb
16 % Mar 16
May
10% May
105
15%
July
51
May
114
Apr
75% Mar
Dec
7%
Feb
109%
125
Oct
9
94
Mar
3
Mar
20
6
14% Jan 16
Studebaker Corp
4
Jan
11% Jan
8
5
7
Mar 17
97
Feb
9
50% Mar 19
58
Jan
2
117 Vi Jan
6
113% Jan
31
Sun
Chemical
Corp
A
pfd
(4Yz%
Jan
12%
Sep
9% Feb
11
11 y2 Jan
32% May
8% May
45%
Jan
34% Mar
2
38 Va Jan
8
9% Mar
1
11
Jan
8
21% Feb
3
Superheater Co
17% May
101%
24%
Jan
160
Oct
Dec
18% Feb
140
11
Mar
1
May
24% Feb
14
Feb
May
47
38
Mar 12
Mar
14 %
Jan
21%
Oct
30%
Jun
37%
Jan
11
160
Jan
13
18 % Jan
43% Jan
9
Superior Steel
6
Sutherland
Feb
13
16% Jan
19
x30% Feb
25
36% Jan
27
15
Dec
18%
Dec
79%
Dec
27%
Jan
28%
Feb
104 % Mar
5% May
10%
Feb
16% Feb
27
17 % Feb
27
Jan
8
84
4% Mar 12
22
Jan
21
Jan
5
87% Jan
12
6% Jan
8
8
„
$ per share
10
May
3% May
I per share
14
Feb
t per share
9 "A Mar 16
6
4% Jan
12
52% Feb
60
% Jan
5
Texas Co
10%
Jan
24
14
23
Texas
Gulf
17,
Texas
2
Dec
29
Feb
10
37% Jan
12
58%
Feb
45% Feb
5
50% Jan
10.
15%
Dec
11
Mar 11
16 Ya Jan
17% Mar 15
21
Jan
9
15
12%
Dec
21%
Feb
10% Mar 17
14% Jan
8
41
Dec
59%
Feb
39% Feb
46% Jan
9
45
Feb
12% Jan
8
25
29
Mar 16.
13% Jan
15
10% Jan
8
Dec
60%
Feb
42% Feb
21
47% Jan
9
6% Aug
16% Jan
14%
Feb
7 Ya Feb
19
9% Jan
9
24%
Oct
19% Feb
11
23% Jan
2
10
Sep
16%
Feb
3
10% Jan
8
38
May
85
Dec
20
May
59%
106
7%
39%
Jan
Mar
Feb
Feb
10 % Mar
39% Feb
11
Feb
6
85
1% Mar 11
19% Mar 16
49% Mar 18
92
Jan
20
4% Jan
6
27% Jan
5
2
18
May
25%
Oct
19% Feb
13
24
94
Dec
108%
Feb
95 % Jan
2
101
*17%
11%
12%
11%
12 :
16%
17%
16%
16%
12%
12%■
12 Ya
12 y4
171/4
171/3
173/a
17%
9%
v.
r
93/8
114%
$2%
div
Jan
Mar 18
4%
4,800
*91
93
13 y8
14%
14%
17
17%
17%
12%
1234
11%
12
16j/4
17 Va
16%
17%
xl7
17%
9 Ya
9Va
28%
■13
14 %
9
9Va
*94
94
V
94
*94
96
51
*50 3A
51
50%
116
*115 %
115
116
115%
3,800
29%
12%
13
,X14%
500
93
29
273A
'
;iy
1,800
3,100
V;..
300
3,400
27,000
7,500
9%
96
30
51
1,800
117%
50
10%
11,600
10%
10%
10'/a
10%
10%
10%
10%
35%
36
35%
35%
35%
35%
*35 y4
36
1,400
93A
10
9%
9%
9%
934
9%
10
4,700
20%
20%
20% / 20%
145 y4 145 Ya
20%
21
2,600
21
20 Ya
20%
20
25
*145
144
145%
9%
146
*143 %
145%
*isy2
16
*15%
15%
*37y2
39
*37%"
39
*37%
16%
*14%
16%
*14%
31 lA
*14%
3i %
'
14%
1
No par
110
1
—100
*_50c
No
common
85
30%
31
18%
18
18%
18%
18%
xl8
86
83
85
*83
85
*85 '
85!/2
4%
4%
43A
43A
*9%
8'A
46
7%
8
20%
20'A
*10
10%
47
100
*87
Tide Water Associated Oil
com
$3.73 preferred
No
lo
par
53%
*53 y4
47%
88
2%
2%
*20
20
31%
8ya
83A
*20
*10
'
.
H'A
18%
103/4
99%
.
18%
18%
18%
18%
19 3A
533%
54%
55 %■
54%
545/8
42
43 :
41%
42%
43
43%
433/4
45 y4
30%
313A
6,200
49
50
113/4
12
293A
30%
29%
30%
.30%
31
49
48%
48%
49 :■
49
11
11%
11%
12
*17
18%
*17%
■10%
10%
10%
11
*39%
*12%
sy8
46
834
20%
10%
2%
21
21
20%
20%
100 V
53 Ya
53%
49
13 Va
47
100%
18
53
41-.
20%
100
400
19 y8
*12%
21%
y*
300
/'
4%
543%
*39%
88
2%
Week
Shares
53%
13
46
9%
Sales for
the
1,400
11,800
6,100
2,800
14,200
41
*87
share
173/4
v.
43 %
7 50
*44
*9 VB
9%
52%
■30%
13
*9%
53%
vil'Va
10%
9%
52%
*49'
*39%
*9%
$ per
share
41/4
11%
4,500
5V8
Mar. 19
Mar. 18
$ per
*15%
50
130
85
Friday
Thursday
$ per share
4Va
31%
'
32
PRICES
15%
31%
«
4%
4%
43
17%
9%
5
153/a
43%
18%
9%
1
*83
4%
54
8V4
SALE
4%
4%
85
15%
19%
*44
4%
*83
*4%
54
13%
2,300
14%
19
*i2y2
6,200
18%
-4%
54
11
183/a
183/a
15%
19
41
18
18%
4%
19
*39%
31%
18%
18 %
14%
43%
*10%
com—No par
No par
43/4
533A
11%
/
HIGH
S per share
2,300
313/4'
18 3/8
31%
r
16
*15 Yz
53%
5
15
9%
*4%
v..
100
18%
Mar. 17
53'A
*49
16%
Wednesday
53%
*53%
39
*14%
18%
Mar. 16
*9Va
4%
*38
16%
31
Tuesday
S per share■
16
38%
18%
Mar. 15
9%
4%
*15
4%
1,800
16%
38%
15%
/
30-%
Monday
tper share
com—No par
preferred
4%
800
147
15%
*14%
16% ;
18% S
-':•: /146 r
15%
38%
18%
par
1
*37%
*14%
,
18 Vs
■
■
15%
18%
*18 %
_50
-
145
14%
18%
*18%
par
38%
16%
145
!
31%
LOW AND
—
'
16
311/
Saturday
R)—
Thompson-Starrett Co
■
20%
preferred—_
Products
cum
34
10
preferred
$3.50
33%
10%
common
(J
400
33%
■>
36
Third Avenue Transit
Corp—No par
Thomas Steel Co (The)—_
1
Thompson
Thompson
12
10 Va
No par
conv
373A
11%
36
preference.——No
Co
41
373/4
12
i0%
21
—
Thermoid
*38%
373/8
50%
115
10%
preferred.,
Thatcher Glass Mfg Co
The Fair
40%
36V2
.
conv
381/2
10%
Mar. 13
Sub .share
ctfs
1
Texas & Pacific Ry Co/
Textron Inc common
$2.40
9
'
51%
10
1
Produciftg_
cqnv
9Va
95
6,700
2,800
*35V2
Pacific Coal & Oil—— j
Texas Pacific Landi Trust—.
$1.25
x9%
*114
—
3% May
17%
114%
Texas
34%
Feb
14%
*17%
14,400
12
*91
12%
14".
73
26
94%
11%
33
27%
12%
14%
50
Gulf Sulphur—
46% Jan
Dec
13%
27%
12%
1414
115%
I—1~^~~25
56% Jan
Jan
17%
27%
12%
*94%
113A
*11%
93
273/8
27%
No par
(The):—
10
13%
*91
.13
*114
5
13
2
32%
'14%--
,
51
9
27
Jan
93
11%
32%
71%
25%
25%
37%
*
37
*11%
33%
*91%
17%
9%
12
33
V
*17%
a__5
Feb
47
15% Jan
May
9% May
32%
*113/4
40%
37
72 3/8
95
113/4
11%
*38%
37
10
17% Feb
47%
41
12
,
251/4
*941%
12.50
37% Feb
58"% Nov
Dec
*11%
12
71 y8
25
95
11%
113A
41
*35%
41
37%
17%
Par
68% July
19%
1134
X95
I per share
Sep
Dec
*38%
*36
93
95
*38%
40 %
*ny8
STOCK
53%
18%
12 Vb
51%
Talcott Inc (James);
Telautograph Corp_I
Tennessee COrp
Dec
11%
14%
EXCHANGE
8
46% May
21% Jan
•72
97%
Symington Gould Corp
Jan
Dec
71'/a
25
*94
25%
*94
37
~~II"i8ya
NEW YORK
10% Jan
600
72%
24%
25%
95
*94
California
18
11
700
70%
72 V2
25%
*94
*'51
Corp.—
14% Mar 16'
3% Feb
14,200
92 Yz
101
1
20% Aug
Jan
21%
•:
8,200
i0c
13 % May
7%
100
393A
12%
Sylvanla Elec Prod Inc com—No par
$4 preferred
—i
No par
Highest
■
39%
27%
Sweets Co of America
(The)__4.16% V
Swift & Co—P_
25
Swift International Ltd
Range since Jan. 1
Lowest
Highest
*91
100
•19%
'
393/8
STOCKS
Year 1947
20
92
100
90
100
38%
51%
Paper Co
Range for Previous
Lowest
21
*90
20
90
20
6,500
:
38%
14 Ya
100
19%
/
38%
13
_
20%
98
971/2
(The)—
Superior Oil of
98
*51
Sunray Oil Corp
"
13
36
98
*94
Sunshine Mining Co
10
20%
90 3A
No par
Sunshine Biscuits Inc
13% Mar
19%
89
;
—No par
cum)
85
38 34
71%
12
9Ya
25
*84%
*84%
843A
38 %
27
1
common
$4.50 series A preferred
843A
39
*14V8
*
85
38%
27
*12%
>
100 Yz
24%
85
9,100
,/
1
*993/4
24%
24
'
583/a
v,
No par
,
(The)_
100%
24
57%
1
20
Sun Oil Co common..
Class
15
100%
100%
23%
98
5
Stone & Webster—
21% Jan
!
1,300
58
*91%
common
25%
573/8
93
Stokley-Van Camp Inc
5% prior preferred
25%
6,800
57%
*90%
Steveps (J P) & Co Inc_
25%
8 Va
56%
100
Stewart-Warner Corp
25%
'
57%
Mar 11
2
26
8
56%
92
2
*83%
90%
32%
9
3,000
■
57%
33 %
Jan
17'/a
8
57%
33 Va
.
*99
23% : 23%
100
5
preferred—
100
*99
.
21%
90'A
Sterling Drug Inc
common
25%
85
100
95
37
16%
237/a
2
18
17
25%
*38 V2
17 Va
99%
20%
;.
72%
*11%
17 Va
23%
39
*94
310
17
25 »A
Jan
14 Vis Jan
42,000
62 Yz
253A
39
32% Jan
27%
8
26
.11%
11
26%
1,800
62
16%
H3/4
27
24
8'%
163/4
.16
300
73%
23%
62%
17
1
12% Feb
27
3,700
>
*61%
6234
99%
90y2
71 Ya
loo
—_No par
13% Feb
23%
800
43/8
6
*71
73%
26%
27 Va
7%
61%
Starrett Co
Oct
26
8%
62 34
Sterchi Bros Stores Inc
Feb
26%
774
5
19%
25%
15%
4%
,*5%
23%
23%
62%
2
24%
233/4
8%
Jan
13% May
243A
26%
*84
21%
25
,—25
Steel
14% May
19% Jun
*71
73%
*71
24
63%
13% Jan
3%%
6
26
•
101
57
38%
common—10
(The) L S
4%
6
17
84%
56%
Spring common
1
convertible preferred—_50
4%
73%
4%
6
25
8
23%
90V2
*100
25
preferred series A
26
23%
*83V2
- 21 y8
No par
81
37% May
*5%
15%
4%
62%
65
16"%
100
*99
com—No par
preferred
89
50% Mar
8 Ya
8
*63%
5
& Sons
5%
;.*70 :
73%
4%
4%
*
2
No par
preferred
Standard
24%
1
—
preferred
(E R)
,
No par
Spencer Kellogg & Sons
Sperry Corp (The)—
Spiegel Inc common—
Dec
'
15%
4'/a
1
common—
May
8
68%
*15
No par
Wlthington
8
*44
8
•
*8
19%
*10
45%
*87
2%
19%
45
8%
8%
11%
is
18
"
"
18 >
♦18 Va
41
*393/8
40%
*39%
41
12%
*12%
13 Va
700
83/a
8 Va
8%
1,200
13%
12%
8%
8%
8
8
*44
45
8
8
44%
8
*197/a
20 Va
20
*10
10%
*10
10%
*10
46
47%
48
49%
*87
88%
*87
88 Yz
19%
*19%
1,400
10%
10%
45
2%
18%
10%
*44
2%
300
*10%
10%
88%
600
8,700
10%
19%
46
:
54%
.16
20 y8
20%
48%
*87
'
20
19%
20%
X99%
99%
99%
991'.
ioy4
3,200
2%
2%
20 Va
21%
21%
19 3A
20 V*
20
20%
inniA
2,200
88%
2%
mi
700
49
2%
■
1,000
8
20%
20%
2%
20
Xl9%
30
45
101
>
500
8,400
460
Number 4683
167
Volume
THE COMMERCIAL
•**
new
Range
Highest
share
Lowest
S per share
21%
15% May
Feb
17
53%
Oct
15%
Jan
10% Feb
13 Va May
22%
Jan
17
'
44
19% Jan
Mar 16
20%
Nov
15% Jan
Feb
5% Feb
11
112%
Nov
Dec
Dec
Feb
15%
Dec
38%
97% Mar
9
7
22% Mar 11
17% Jan
8
22
7%
21%
6% Jan
2
2
104% Jan 27
12% Mar 16
14% Jan
22
Jan
19
Jan
23
22% Jan
48
Jan
5
34% Aug
33
Feb
16
36% Jan
Jun
Tlmken Detroit
,
92
Feb
7
Dec
16
30
Nov
51%
Feb
9% May
17%
Oct
-
-Jan
27
5% Mar
26
94
2
Jan
12
7% Jan
4
Mar
Saturday
6
32% Jan 21
9% Mar 16
14% Jan
5
Axle
$6
23
conv
Thursday
Mar. 18
$ per share
S per share
Sales
Friday
Mar. 10
S per
for
the Week
Shares
share
17%
18 Vb
17%
17%
17
17%
17%
17%
18
18%
45
46
44
44%
44
44
44%
457b
44%
45%
2,300
10%
10%
10%
10%
10%
10%
10%
107B
1074
107*
3.700
21%
10%
21%
20%
21%
20 Va
21
No par
20%
21
21
22
21%
"15 %
22%
10,100
common
l
5%
1C0
13%
Film com_.No par
21%
preferred
—No par
__No par
Co
16
"15%
5%
"33%
15%
13%
21%
5%
100%
"13
35
34%
"94 Vb
6
5%
27%
1
"10
27%
16
57 b
16
5%
5,300
16
57b
200
6%
12%
12%
13
13
137 b
20%
207b
20%
20 7b
9,400
137b
20%
21
21%
"34%
100
100
100
100
100
120
1,600
10,700
55
34
34
34
34
*34
35
"94
101
"94
101
*94
101
"94
101
6
6
"5%
27
101
27
26 V*
26%
10%
10
10
"10%
10%
10%
10%
10%
11
1,800
45%
45%
46
47
47 Vb
47%
3,600
9%
9%
10
10
5%
"27
*15%
5%
13
20 Vb
34%
15%
5%
"97%
12%
21%
"14%
5%
100
'
"5%
15%
5%
"99
13%
21'%
103
"S4
16
5%
"99 %
100
--No par
_50
Coach
$ per share
Mar. 17
17%
•45
2
$4.50 prior preferred
Twin City Rap Transit
com—No par
5 % conv prior
preferred
Twin
Sper share
PRICES
Wednesday
46
par
preferred—,-N^par
$1.50
SALE
10%
Transue & Williams Steel
Truax-Traer Corp
20th Century Fox
HIGH
Mar. 16
Ai7lncIT~5
& Western
Tn-Continental Corp
17%
AND
Tuesday
Mar. 15
$ per share
*
5
„
Roller
Bearing.—_No
tTransamerica Corp !„.
Transcont'l
Monday
Mar. 13
Timken
5
Dec
104
93
(1275)
record
LOW
stock
Par
17
13% Jan
2
May
12%
stock
exchange
53% Jan
27
Jan
new york
Highest
5% May
99
york
$ per share
Mar 17
10 % May
14
CHRONICLE
stocks
Range since Jan. 1
$ per share
Lowest
40 V2 May
FINANCIAL
for Previous
Year 1947
$ per
&
••
28
10%
10 Vb
10%
10%
"10%
10%
10%
IOVb
47
47
46%
46%
45
46
10%
9%
6
"5%
6
"5%
*257b
27
*25 Va
400
6
27
16
10%
10
400
130
10%
1,800
U
15% July
10
Feb
43% May
58 %
Feb
45
Mar 16
51% Jan
9 % May
15%
Jan
9% Mar 16
11% Jan
25% May
37%
Oct
Dec
12
Jan
115
27% Feb
Mar
12
11
93% Jan
110% July
Dec
89 %
105
11
22
106
Jan
Jan
Ddylite Corp (The)
Underwood Corp
34% Jan
1
No par
Union Asbestos & Rubber Co
5
Union Bag & Paper.!
No par
Union Carbide & Carbon——No
par
Un El Co of Mopfd $4.50 ser
!No
Jan
109Va Mar 18
Dec
106%
Sep
91,v.
Feb
9
91
Feb
9
Dec
104
Jun
86
Preferred
Jan
$3.70
6
series
90
Jan
24
20
Apr
27
Dec
Preferred
21% Feb
11
$3.50
series.._^_No
Apr
120
97%
164%
Dec
Nov
111
Feb
May.
30
25%
110
Dec
31% Jan
Dec
22% Feb
Sep
105% Jan
'
15%
Dec
75
Dec
18%
Sep
28%
Jun
35"
26%
Jan
33%
Jan
■'26% Jan* 2
19
165
96% Mar 18
38% Feb
.
16% May
102
152
28% Apr
120%. Apr
•■24% Nov
16
26
35
6
107% Mar 19
Jan
6
12
Jan
18% Mar
86
3%
Dec
8%
Dec
50
83
27% Feb
22
Nov'v
29
Feb
Feb
V-...3.
Mar
Jan
.,,48%
Feb
Feb
22
1
Jan
29
2
"Jan
35
5
2%
,
Dec
4%
Jan
8
4% Jan;
10
55
2% Feb
95
Jan
61% Mar 17
19%
Oct
16% Feb
43 %
Jan
37% Jan
33
>
\
May
447/a
Jan
20
Dec
12% May
Jan
Dec
May
171
Dec
21
Jan
17
42% Jan
29
.
48
Feb
10
20% Feb
27
22% Feb
2
Feb
13% Mar 16
16% Jan
17
23%
106
20%
107%
16% Feb
27
21% Jan
Jan
89
Feb
20
97
Jan
15% Feb
II
18% Jan
8
92% Feb
11
105% Jan
12
196% Mar
170% Feb
Dec
33%
Jan
11% Mar
Dec
94
Feb
7i
Dec
53%
Feb
9%
33% Feb
,
Nov
175
Jan
14% Jan
11
24
Oct
39%
6
9
Feb
72
5
IT
common
.
U S & Foreign
2
9
1st preferred
Freignt Co
S
U S Gypsum Co
7%
U
Industrial
Leather
S
Chemicals
Co
Feb
49
Jan
13
53% Feb
Jan
25% Feb
14
33% Jan
U
40%
Dec
127%
Dec
165
Feb-
90%
6
38% Feb 11
125% Mar 19
Feb
67
51% July
Dec
81
Feb
61% May
80
41% Jan
66%
Dec
133
Dec
•
6
S
Plywood
cum
8%
7
Jan
9
9
17% Feb
10
19% Jan
8
Jan
2
40% Jan
9
Feb
Dec
48%
Feb
38
5
Jan
•
8
•,
Jan
8%
Oct
12%
Feb
96%
Dec
5%
Dec
10%
Dec
52
Feb
4% Mar 16
16
.
May
4% May
20
Dec
109% Jun
93
Feb
Feb
4
23% 'Dec
Jan
Jan
5
8
Mar 16
5% Jan
19
Feb
Feb
6
29%
Feb
10% Mar
91%
Feb
56
Feb
Jan
U S
7%
14% Jan
4
# per share
per,share
,14% Feb
10
16% Jan
27
12% Feb
13
14% Jan
5
21% Feb
com—.
preferred—
..25
conv
Jaii
Feb
preferred-
;
18%
16
12% Jan
2
22
Mar
Jan
26
14% Jan
3
29% Jan
23
10
United Wall Paper Inc coram
4%
cum
conv
"70%
34
33%
"8%
44
12
18
19
19
19
19
"11V*
•11 lb
31%
30 Va
31 '
32
11%
30%
31
1,800
12
1,600
30 Va
1,500
32
"30
2%
5%
"51%
2%
42
3%
3 lb
3%
54
100
3%
3%
52%
54
52 Va
50
5,300
2%
2%
2%
2%
26,300
x417b
42
41%
41%
42%
2,400
*
5%
5%
5 %
5%
61 %
61%
61%
62
62
17
17 V*
17%
17%
17%
17%
1,900
38%
38%
38%
39%
39%
39%
39 V*
1,300
52%
52
51%
51%
52%
52
53
20%
20%
20%
"20%
21
207b
21
13%
14.
13%
13%
14%
14%
14%
6,800
18%
8,500
17%
17%
14
17%
17%
17%
177b
5 Vs
177b
5 lb
400
70
11,400
700
96
"95%
96
x94
94
"16 V*
17%
"16 V*
17%
"17
17%
17%
17%
94%
94%
95%
95
95
95
96
"93%
96
10
300
•
687b
'
11%
12%
"11%
12%
"70%
72
"70
71%
"70
71%
"33%
34%
"33%
34%
"337b
34%
V"
39%
39%
26
3,000
2,400
18%
18
6,100
8%
"8
"42%
100
43
1,300
100
52
267b
26
"89
91
800
6%
5,200
91
39%
39%
"126
126%
125%
125%
100
43%
43
4374
X4274
43%
2,200
6974
*68
697b
*68
*68
6874
130%
%r: 26%
36 :
27%
57 b
52
52
"89
39%
39%
*4274
6974
67%
129%
69 3/b
42%
900
127%
38%
"125
4334
*68
6974
69%
26 Va
"87 Vb V 90
127%
43%
44
51
34%
27
8%
"8
"41%
52
25%
6%
27
18 lb
18
8%
41%
"51
91
38 Va
"124
127 %
*67%
1
17%
■
"8
52%
"89
5%
26%
41%
25% w 26%
'■
91 Va
5%
26%
17%
8%
42%
"51
26%
43%
70
*:
5%
17%
8%
42%
9
11%
26%
5%
27
17%
18 Va
39
5%
26
52%
44
69 VB
■?
43 Va
"123%
60
174
"11%
5%
26%
V
'1731b
174
11%
72
27%
"89
■
"173%
11%
"51
40
174
1,700
34 Vb
"8%
126%
"173
173
Vb
"70%
43
27
173
95
12
17%
..
9
91%
>67%
677b
40
4,300
69
71
69
68 Va
68 Va
69%
131%
niversal Pictures Co: inc core
4% %
preferred
...
1307b
1307b
130 >/b
6
Vanadium
39%
*38%
39%
*3814
39%
"38 V*
39%
*38 %
39%
*38%
97 b
96%
25,900
147b
Nov
37% Mar 10
2
89% Jan
16
Dec
97%
Oct
10%
Nov
"7%
Mar 16
10 % Jan
8
Nov
93
Feb
5
17% Mar 12
97 b
97b
1,400
*91%
95%
4%
4 VB
32%
4
■V.
"28%
20%
20
20
*152
154
147b,
66
..
66
37b
*28 Va
30%
*16
16%
*4
4%
4
19 Vb
*19
T9 Va
64
HIGH
Monday
15%
15 V*
13 V*
23%
-:
$ per share
15 VB
"13
"23
12%
237b
14%
157b
13 V*
"13; "
23%
"23
63
32
Feb
109
Jan
■; Jan
7
24
Jan
8
20
Dec
45
Feb
37% Jan
30
31%
Dec
40
Jan
30% Feb
10
34
Jan
8
31
•
Oct
38
Feb
32
Feb
10
34
Jan
8
30
*
Dec
33%
Nov
28% Feb
19
32 % Jan
5
13
.35% Mar 17
30
Aug
33%
Oct
32% Jan
13
32% Jan
57
Apr
75%
Feb
62% Feb
25
66
13% Apr
17%
Jan
14
preferred———.....100
4% pfd——25
Virginian Ry Co common—— !_—25
6% preferred
——
25
Visking Corp (The) ——....
5
Vulcan Detinning Co common—20
7% cumulative preferred
20
4%
4%
800
19%
154
14
63
19%
100
500
19%
153%
152
1374
*61
14% ;
50
4
5,800
63
Thursday
80
Sales
Friday
share
$ per
share
Shares
167b
1,400
14%
"15
15%
13
13
"13%
13%
23
2274
23
12%
12%
13%
13VB
13%
4,300
23%
24
24
25
25
1,100
147b
23%
23
127 a
12%
23%
23%
15%
tor
the Week
Mar. I!)
Mar. 18
1374
300
1374
300
24
*23
£3
"86
89
"86
89
"86
89
"86
89
*86
89
92
"88%
92
"88%
92
"88%
92
"89
92
*89
92
"37%
39%
x38
39 V*
39%
"37%
39%
40
40
94
"90
94
"90
94
"90
94
93
"88
93
"•89 Va
93
"89%
"90
"88
7%
"95
16%
7%
'17
7%
"92
96
-
167b
38
7%
93
94%
17
16%
16%
16%
114
*114
"18%
187/b
"18 V*
18%
*18%
19
*18
36 V*
"35 V*
36
*35
37
114%
114%
114
114%
*32
32
32%
32 Va
"3274
33%
33%
33%
29%
28%
28%
*27
"29
32
32
*29
32
7%
3 2
*90%
95
*90%
7%
7%
1674
a7a
%
*18
32
95
115
19
357b
35%
,
7Va
.
1,400
500
17
18,800
%
*114%
19
357b
'
1,300
95
96
*93
1674
"
1147a
32
234,700
32
11474
.19
36%
50
11474
*18
36 %
■>
1,100
32%
900
*33
33%
*33
33%
500
*28 %
29%
29
29%
90
32
*29
32
*29
32
64
*61
64
*61
63
+,Jm,
14%
*14%
15
400
33%
29
32
•29
*31%
33 Va
29
•
95
16%
1674
•
39%
95
♦93
29
3374
Va
'
"29
"90%
95
357b
32%
*33
"28 la
"90 Va
»
7%
'92%
7VB
7%
39%
93
"7>/b
96
"35
"114
Iron Coal & Coke
9,200
13%
15
92
$5
100
414
"83 Va
Rights
,,
Va
16%
"86
preferred
Virginia Elec & Pwr Co com—No par
3^1 Mar 17
114% Feb
6
18
16%
$ per
$ per share
-
Mar 17
16%
4
PRICES
23%
23 Va
30%
*61
63
127b
127b
*28%
14
Mar. 17
.
30%
152
154
Wednesday
Mar. 16
4 lb
414
*28 Va
*16%
;
1374
SALE
Tuesday
474
37 b
13%
147b
V8
4
l&'/a
*152
154
Mar. 15
"12%
23%
4 l/a
4
64
$ per share
4:>/4
474
16%
*152
13
*434
30%
19 Va
1474
14%
67
$ per share
——,——2.50
50%
Dec
9%
95%
4
Vertientes-Camaguey Sugar Co—6%
non-cum
*9Tb
*91%
4 Vb
12%
5 %
9%
95%
*4
24%
Vick Chemical Co
>97b
*91 %
16 Va
12%
Co
97b
95 W.
4%
*16
"23 lb
Raalte
1,200
9%
*91 %
16%
Inc new———10
Van
47b
9Va
*16
154
3,600
39%
96 Va
474
474
1,400
18
9%
*28%
47b
13074
*91%
474
,
4%
■'.-
*65
TOO
Victor Chemical Works common—5
3%% cumulative preferred...100
3%% preferred 2nd series.—100
Va-Carolina Chemical com—_No par
6% div partic preferred
—100
5% May
4%
30
*19%
Vicks Shreve & Pacific Ry com—100
2
47 b
9%
*151
Corp of America—No par
Cp__——;——2.50
21
7
177b
*4
Norman
24
14% Jan
173/4
LOW AND
Feb
Oct
1774
Mar. IS
91% Feb
Jan
1774
Saturday
86
106
177b
..'■■■
13
11
173/4
4Vb
stock
21
87% Feb
177b
30
.100
Feb
104 % May
177b
*4%
...1
Feb
47% Jan
1774
*91%
Par
Van
"130
17%
:
par
.100
preferred.
131
*38%
>
1
8ft
131
131V*
17%
*18
86
95
34%
82%
72
5%
52%
*130
Universal-Cvdops Steel Corp.
86
I2T
1,500
84
"95'b
-
27 %
5%
28
43
26%
..50
Feb
Dec
82.7/b
82%
44,000
20%
17 %
17%
...2
preferred—
Jan
-85
107%
26,500
61%
18%
97
"5%
par
94%
16%
•
■
12 Va
par
94
Nov
18
72
par
Nov
14
400
177b
17%
:
"16%
"39%
Nov
112
107%
17
X51%
14
"95 %
34
.50
$ per share
Feb
May
28%
107%
17%
64
21%
18
exchange
Feb
69
27%
107%
38%
54
14
97
"27%
.100
...
new york
18%
35% May
.
28
700
1,500
17%
53%
"21
5%
"61%
38%
"70%
1..5
7
22
39
,18
-v
v
18
38%
14
'
'5 Tb
63
"17%
"17
—1
Mar 15
66
24
13 % May
85%
38%
"123%
:_i.,
;
Corp common
non-cum
$6
5
23
14%
-84
18
"95%
..50
Tobacco Co
Range since Jan. 1
Lowest
Highest
Highest
20%
"5
63
5%
64%
10
coi
/■/■/v stocks
Year 1947
-12% May
-26% Dec
2%
42%
v
27%
"107
17%
3%
"52%
2%
38
34
11%
"31
3%
52%
41%
17%
97%
34
30'
3Vs
2%
100
common
1st preferred
preferred
Range for Previous
Dec
32
97%
19
30
52%
42%
"89
preferred
Steel
"31
3%r
53%
2%
"5
—
2
163% Jan
17
150
Dec
$
3 Vb „■
53%
:
42%
!«m !! 1
Corp common
prd series A__ —100
14
56%
•
S
7ft
21
17% Jan
Dec
Mar
5% Jan
34
13
Feb
Dec
S per share
.32
3,100
33
83
"11%
9,100
'
53
64%
1
5
13%
Lowest
"31
?k
80
S47b
159
97
17%
19
11%
157%
96%
28 Vb
"82
30%
24%
160
33
108
17%
19%
ll1/*
29%
2%
"50
Smelting Rsf & Min
7%
U
13
163%
„.v
.1
100
—10
6
10
97 % Jan
Mar 13
16
11%
5% Jan
11
29
3% Mar 17
30
22
192
,
Feb
Jan
8%
•„.v
Jan
X3374
?
U S
13
78% Jan
140% Jan
23
38
70
67% Mar 17
129 % Mar 16
Mar
Nov
30
26%
260
,
87
■
150
X17T4
Jan
Jan
19
11%
31
42 V2
10
non-cum
19%
11%
2%
43
U S Rubber Co
13
47
19%
31
42%
-
20
0
38% May
1
.No par
preferred.-
3%%
45 % Jan
3%
.No par
"lass A
conv
S
Jan
137% Jan
19%
12
31%
24%
95
98
"106%
83 V*
common... .No par
73
87
80%
174
39
103% July
60% Feb
83 7b
174
Dec
Dec
27%
24%
157
87
32%
32%
107
83
175
23% May
92
26%
83%
"11%
Pipe & Foundry.
U S Playing Card Co
46%
'
"96%
17%
"30
Corp
U S Lines Co common...
4% ft
97
17%
"174
45% Jan
U
24 V*
159%
33%
107
107
—100
16
9% Jan
23%
159 Va
97
97
39% Feb
21 % Jan
24%
158
.32%
28%
,107
.
96
Oct
9
27%
u
97
Oct
&
34
"96
Apr
Partic
98%-;
33 %
common... —!_20
24%
8% Mar 16
97%
27%
24
158
"91%
-
Machine
U S
Jan
24%,
159%
"83 Vb
preferred——___!._ —100
U
8% Jan
24 Vb
18 %
No par
preferred
Hoffman
S
4%%
88
18
1—_ .No par
.1
95
"87
18%
Securities—!. .No par
$4.50
U
"91
88
"
107
12
109%
95
88
17%
"19
109
"91
88
158 Va
33%
27%
"108 Vb ■109
95
"87 Vb
98'%
107
108 %
"91
88
;'•••
53%
46%
17% Mar
24
160
"33 Vb
•
108%
95
88
20%
10
May
1091b
108%
108 Va
"91
53%
Dec
9 %
109
109
20%
Jan
35
6,600
"13%
16%
7
6,000
99%
No par
21
36
29
99
United Gas Improvement Co__.13%
United Mevch & Mfrs Inc com
.1
Jan
Mar 16
28 %
99 V*
("97%
—_5
.
United Fruit Co
23
Jan
42% Jan
5% Mar 15
Corp
preference
25%
26
28%
98%
24
United Elcctrie Coal Cos—.—_c__5
United Engineering & Foundry—5
12
Oct
13%
5% May
12
Oct
Feb
28
98%
"51%
—
Jan
56% Jan
28 %
97 Va
95
Corp*—10
United Dyewcod Corp common
7 ft. preferred
Jan
20
19%
71%
37
6% Jan
•/ 70
13*
59% July
12% May
86
26
24%
i
15% May
91
4% Feb
27%
S8%
"30%
$3
Dec
11% May
28%
98
..No par
United
65%
Feb
United Board & Carton
United Carbon Co_
27%
159
cumulative preferred—U00
Biscuit Co
No par
United
2% Jan
Feb
40
% ft
43% Mar
10%
1
4
13
53% Mar
Dec
par
500
28 Va
99
89%
.
100
preferred—.—-^100
Car_i;_i.^;.—1N0
9%
9%
28%
"91
United Aircraft Corp common
,_5
5 ft
convertible preferred
100
United Air Lines Inc common—^10
11
Dec
5%
41
non-cum
9%
98%
"88
par
95
9%
28%
United-Carr Fastener Corp
No par
United Cig-Whelan Stores coal—30c
$3.50 convertible preferred—.100
31% Jan
'
•
,4%
Union Tank
2
I 15% Jan
20
.
10 Vb
98%
,'"103%
—No par
Union Oil of Califomia 1111' •'
'V*
Union Pacific RR Co common
2
15
28% Mar 19
11% Mar 16
Dec
Jan
2
10
77% Jan
19
Jan
101% Jan
"10
28%
par
91%
85
10%
98%
,
102
2
.
"10
-
32%
32%
W
29%
100
Apr
Dec
*17% May
■7% May
10%
Dec
88%
Dec
12
Dec
21
May
30
5%
109
Feb
July
Jan
8
32% Jan
23
100%
Jan
9
103% Jan
22
Co common
4ft
preferred—
Walker (Hiram) G & W
13%
Feb
2
Feb
8% Feb 11
10% Mar 12
10% Jan
19%
12
Jan
8
106% Mar
X83 % Mar 12
91
Jan
5
5%ft
13% Jan
Warner
Jan
8
2
25% Jan
5
Warren
18%
Feb
10 % Feb
10
25% Feb
20% Feb
10
Jan
20% Jan
5
23%
Feb
17% Feb
Sep
26%
Feb
17
Dec
41
Feb
25% Feb
32
5
Jan
29
Bros
Pictures!-——*
Warren Foundry
& Pipe
16
19
Jan
10
Mar 16
21
% Jan
2
30% Jan
2
Knitting Mills
Wayne Pump Co
Webster Tobacco
14
.
Wayne
9
102 V*
19 V*
9
—1
Jan
5
Feb
10
6 % Jan
2
Nov
39
Feb
11
48% Feb
3
90
Feb
80% Feb
13
86% Jan
2
34%
Jan
3
24% Jan
9
West
Inc
——1
14%
31
*30%
31
101%
101 Va
102
18%
19%
Vb
102V*
'IOO
Va
101%
"100%
19%
19
19%
Xl8%
9
8%
9
9
9
9
19%
9
30%
"101
1974
9
30%
400
102
50
20
3.300
9%
2,400
1074
105/a
10%
10%
10%
1074
107 b
10%
11
84%
84%
847b
84%
*83%
84%
84%
84%
70
12 Vb
1174
12 Va
11%
117b
11%
11%
11%
117b
11%
11%
18,200
26
25 Va
25%
25%
25%
■26
26%
500
24%
237b
2374
8,000
247b
24
24
24 Tb
247b
"23%
247b
"257b
15
"30
30
84%
No par
17%
9
"14%
3014
14
-
:
1074
•26
"17
19%
"61
14
„
14
30%
*101
64
"62
64
14
30%
"83%
'<-5
12%
19 V*
12
Co—No par
——
5
5
Sugar Corp.
'101
Va
1074
52%
Indies
14
3074
84
——5
Wesson Oil & Snowdr.com—-No par
$4 conv preferred
No par
19% Mar
"62
64
"14
"30%
1074
PetroTeum Corp new com...3
Washington Gas Light
Waukesha Motor Co
Mar 16
"62
84
——100
preferred
24
i
:-No par
No par
100
No par
Walworth Co
—No par
Ward Baking Co common.
—1
Jan
22
—
Walgreen
24%
xl8% Mar 17
preferred—-100
Waldorf System..
11
Nov
37% Jan
83% May
21% May
Wabash
Feb
36%
Dec
2
x30
27
19% Dec
17% May
20
36%
'15%
Mar 15
RR 4% ft
Jan
24
"23%
"29
23
*2374
17%
"17%
17%
17%
17%
17%
"17
17%
17
177b
*17
25%
*25
26%
25%
26
257b
1T%
26
*25
26
23%
•24
24%
24
24%
24%
23%
24
24
17%
25 Vb
*17%
18
17%
xl7 %
17%
2574
2574
2574
1,200
400
*17%
18
500
*17
17%
300
*25%
26%
900
5%
5
5%
5%
700
39 V*
39
3974
"38%
39%
39
39%
39%
39%
1,100
"83%
84 Va
84
84 Va
"83%
84%
83%
83%
83%
83
83%
250
20 V8
2014
20 V»
20%
19%
20%
1974
19%
207b
20%
20%
4,300
"5
39%
5
5
5
5%
*5
•
*39
5%
24
THE COMMERCIAL
(1276)
YORK
NEW
Range since Jan. 1
Tear 1947
Lowest
Lowest
Highest
I per share
$ per
S per share
Dec
117% Mar
112%
Nov
121%
Jan
Dec
112%
Jan
106%
Dec
116%
S per
17
117% Jan
13
1%
108% Jan
23
G%
preferred
105% Feb
38% Feb
110% Jan
14
100% Feb
West
Penn
Elec
6
West Penn Power 4%%
5
5% May
10%
Jan
Jan
2
8% Jan
29
75%
Jan
34% Feb
14
44% Jan
10
Western
Auto
9%
Dec
7% Mar 17
11% Jan
10
Western
Maryland
32% Dec
22% Mar 12
35% Jan
10
28 % Feb
32
Jan
28
72% Jan
15
42%
90
17
Feb
Mar
26%
May
27 % May
22% May
11
18% Feb
Sep
5
Mar
64
4%
Oct
32% Feb
13
37% Jan
31
Dec
25 % Feb
11
30% Jan
88
Dec
105
Aug
85% Feb
11
94
Jan
94%
Dec
105% July
91% Feb
11
98% Jan
30
Nov
29% Feb
16
32% Jan.
2
Jan
May
82%
43%
'
Westinghouse
Westinghouse Electric
3.80%
Weston
Elec
Dec
43% Jan
2
90% Jan
28
8%
24%
24%
•28%
No par
—
9% May
6
Feb
6
26
28% Jan
15
12%
Dec
Feb
11
12% Feb
25
y« Jan
9
6% May
51% Sep
13%
9
12% Jan
27
90
9
6% Mar 17
Feb
$4
Co
Sewing
Wilcox
30
30
30%
30%
37%
700
36
36%
36
35
35
35 Vz
35%
500
*85%
85%
*90
Machine
37%
85
*84
•23
19
19%
84%
84%
24%
*23%
19%
19%
19 %
1
com
37
*23%
19
11
38%
84
12
91
*90
91
28%'
*27%
28%
5
10%
Co
11%
11%
84
*23%
*90
90%
28%
*27%
23 Va
11
11 y«-
11%
•
-
100
11%
2,100
51
52
52
13%
13
13%
13%
99
Jan
82% Feb
19
88% Jan 21«
Nov
16
Feb
21
19
Oct
126
145% May
Mar 19
xl38
Jan
•81%
10
13
6%
•16%
common—10
preferred
28
Feb
5
33% Jan
2
Woodward
Iron
Feb
43% Feb
11
47% Jan
15
Woolworth
(F W) Co
68%
Feb
52% Feb
20
64% Jan
5
94%
Apr
76
Mar 18
81% Feb
4
Feb
81
Feb
89
Jan
8
Dec
80
•
Feb
18%
45
8
Jan
16%
Feb
37%
50% Mar
14% May
53% May
23%
15
5
60% Mar 19
Feb
33% Aug
10% May
Jan
58
70% Mar
9
Mar
Mar 19
78
Co
(new)
Worthington P 4 M
Prior
pfd 4%%
Wright
34% Jan
13% Jan
10
19
2
16%
*128
.
132
►125
16%
523/4
13%
13%
7%'
82%
*81%
83%
16 '/a
16 Va
*16 Va
29%
29%
29
29
44%
44%
44%
44 Va
A
York
Towne
Coro
4%%
44%
86%
86%
85%
73
73%
73%
72
56
No par
57
69%
*61
57
57-
*77%
63
*8%
Mfg Co.
.28
54 %
79
'
*28
133%
*82
-
44%
85%
73%
62 '*
8%
28%
62
8%
29
62
-
8%
28%
8 %
73
29
28 Va
62
*
17 %
7,500
76
283/4
29%
900
9 Va
2,800
29%
2,000
2,300
16 y8
16%
*16%
17
16%
16%
16%
17 '.4
600
.66%
68%
66%
68
673%
69%
69 Va
71 %
8.800
14%
15
15
15%
15%
153/4
2,900
21%
21%
21'%
22%
2,700
53/a
5%
5%
5%
3,400
17%
68 %
14%
15%
14%
14%
No par
28%
61
8%
11%
67%
Youngstown Steel Doot
60%
/
40%
*16%
2
*
83/4
11%
14%
2
18% Jan
61%
370
'
40%
67%
79% Jan
287/a
%f
8%
10
210
78
11%
17%
27
14% Mar 16
61
•v
8%
78
40
67%
65% Feb
2,200
86 Vz
74%
'
76%
*85%
11%
14%
Oct
Feb
57 %
*74%
39
*16%
83
56
76
86
11%
40
21%
563/4
5,100
40
*38%
.No par
Young Spring A Wire.
Youngstown Sheet A Tube.—No par
400
''
*38%
11
38%
21
44%
76
61% v
28%
10
29%
44%
85
8%
28%
126
29%
40
11
11 Va
126
f
75
x61 %
/
8%
300
4,300
16%
44%
56
200
i7«
86
'
■
16
•
773/4
84
38%
21
4,300
:
%
29%
44 Va
*
54%*
54%
*77
78
•
.50
preferred-
900
83%
16
132
*28%
29
"
44%
56
*77
_1
common
cum
-15,400
.
55
13%
17
'*126
132
*126
132
:
30
79
Aeronautical
8%
55
__
16%
163/4:
*
Tale
7%
•-
-
16%
16%
11%
11'/a
*38%
11 Va
11
,
14% May
5% Jun
7%
523/4
13%
•
82%
*
17
16%
86%
15% Feb
5
16%
*85%
Oct
Jan
'
83%
*16%
*77%
Wrigley (Wm) Jr (Del)
43% Jan
134
44%
Wyandotte Worsted Co
27
17
series—100
15
21
*81%
(Del)—No par
100
conv
10% Jan
10% Feb
83%
17
16%
•29%
series
Prior pfd 4%*
.
13
38% Mar 13
*81%
17
►130
10
10
67% Jan
27% Feb
83%
16%
100
Dec
16
7%
52
6%
7%
—.
Co
53
100
7
7%
■
Pwr
35
Dec
7%
Rights
Wisconsin El
43
Dec
7%
11
'
No par
31% Dec
May
48 % May
7%
11
11
11
10%
10%
10%
51
9
1,200
11
907/a
*27%
13
Mar 19
11
11%
*90
51
A
•
2,100
*11
13%
17% Jan
200
-•
20
11
51
10
-
24%
90%
13%
Feb
83
19%
'
No par
preferred
83
*23%
2,000
28
11
51
$4.23
393/4
*90
Willys-Overland Motors mob
1
$4.50 conv pfd series A
No par
Wilson-Jones Co
84
19%
80
92
38%
24%
19
86%
*88%
*27%
11
Wilson A Co Inc
8
19,900
91
27%
21
com
83
19
86%
93
38%
*233/a
24%
19
29
Jan
*96
:
27%
*90
*27%
83%
24%
Jan
;
96 Va
863/4
86%
38%
37%
V* Jan
>
l.
*88
92
37
84%
11
*90
20
No par
l
_s
*88
*89
39
87
*85%
93
*85%
24%
*90
38%
1
87
85%
93
39
85%
93
*34%
58
9
% Mar 19
May
30
16
Mar
15
Dec
30
11
Nov
May
30
51
19
8
800
30
12% Feb
15% Dec
Nov
963%
Oct
20
53
-
Oct
Jua
62.
96%
17
16
75
96%
%
26%
64%
10% May
88% Dec
83
96
37%
37 V4
-
preference
Oil
550
95 %
*36%
No par
-
preference
conv
Prior
90
30
White
Feb
35%
27%
*29%
9
9% Feb
90
27% Feb
7,100
7,000
35%
30
White
Feb
100
21
89%
*28
5
Feb
34
20%
27%
95
5
Feb
20 3%
300
35%
95%
7
17%
30
67%
27 Va
95%
Jan
34
*29%
*63'%
89
95%
27% Jan
90
July
May
5% May
29%
68
27%
*95 %
23% Jan
29 %
1,000
89
100
11
84
25%
4,200
1,300
27%
88
20
Motor
3,100
8%
25%
88%
34%
27%
Mar 18
92
8
37 V2
♦87
33%
88
Feb
101% Mar
5
180
Prod—
Common
8
900
7%
24%
20%
34
180
39%
8%
29%
20%
130
106%
37
8%
*63 %
180
290
103
23%
29%
33%
7%
37
7,500
105
39%
103
8%
65
Xl9%
14%
*105%
40
36%
22%
65
21%
20%
26%
12.50
106%
103%
7%
■
8
*28%
29
66%
27%
Feb
Dec
26% May
19% May
Mar
22%
34%
Instrument
7%
22%
89%
B
106%
36%
7%
27
19
90
93
7%
35%
7%
8%
89
83
47% Jan
104
36
27%
23
5
Mar 16
104
*39%
90
Feb
Jan
37
34
106
14
13%
♦102%
29
22
♦104
Shares
114%
39 Va
27%
Feb
80
Oct
34%
33%
21%
114%
103 %
89%
29%
5
Dec
53%
102% July
22%
114
106%
♦64
67
114
39%
22%
29%
„
115%
103%
100
A
34
Jan
76
May
%
*65
115
X106 %
.12%
com
series
29
29%
♦104%
40
8
24 %
105
13%
104
36
8%
105
106
*7Va
7%
37
24
67
21%
$3.75
preferred
No par
Wheeling A L Erie Ry com.—100
Wheeling Steel Corp com
No par
$5 conv prior pref
No par
White Dental Mfg (The S S»
20
85
62% Mar
31
135
7%
*36%
series
pfd
cum
7%
8%
Brake
Air
pfd
cum
103 Va
37%
*64
8
3%%
103%
14%
107%
103
the Week
104%
*104
39 Va
40%
7%
Teleg class A_No par
1948
Sales for
Mar. 19
$ per share
13%
106
107%
107%
103 Va
Friday
Mar. 18
X per share
share
104%
14
104%
*104%
Thursday
Mar. 17
$ per
115% 115%
106
*40
•8%
com—
5
7
34% Feb
Dec
107%
40
♦36%
A
Westvaco Chlorine
26
107%
40
pfd
RR
series
Western Union
9
55
*104%
com
Ry
2nd
Pacific
Preferred
10
38%
105%
Co—
Supply
non-cum
HIGH SALE PRICES
Wednesday
share
13%
,
xl04%
116%
Inc
Lines
Air
Western
22% Mar 11
11
115%
103%
38% May
Dec
115%
♦107%
preferred
Western
14 Va
106%
West Va Pulp & Paper com
pfd
t per
share
14
105%
104
12
4% %
S per
14%
108
115
Jan
44
25
14%
♦106%
105% Jan
11
Oct
Dec
(The)_.
Co
preferred
Jan
65
Mar. 13
Class A
Aug
26%
Mar. 15
Mar. 16
t per share
19
20
47
May
9% May
Tuesday
LOW AND
share
Jan
108% Jan
13
xi<"4% Mar 16
113
4
Monday
EXCHANGE
Mar 12
104
32% May
Dec
Saturday
22
RECORD
STOCK
YORK
Mar 18
114
103%
NEW
Highest
share
13% Feb
105
105
STOCK
STOCKS
Range for Previous
Monday, March
CHRONICLE
FINANCIAL
&
-
•
400
'
25
19% Feb
July
10%
•Bid and asked prices;
11
23% Feb
Zenith
Radio
5% Mar 16
Jan
6% Jan
Zonite
Products
sales
no
on
this day.
Jin receivership,
.No par
20%
1
Corp
Corp..
5%
21
21%
22
5%
5%
*20%
20%
20%
20%
5%
5%
5%
5%
5%
•-
¥t
a Deferred
delivery.
nNew
stock,
r
Cash
sale,
Special
s
sales,
wd When
distributed,
x
Ex-dividends,
y
Ex-rights.
1
Bond Record
New York Stock
«»
FRIDAY
the
NOTICE—Prices
week, and when
The
italic
"and
are
outside
letters
in
interest"—except for income and defaulted
of
the
the
regular
weekly
column headed
range
are
shown
"Interest Pericd"
in
bonds.
Cash
footnote
a
indicate
in
WEEKLY
-
in
each
and
the
case
deferred
week
the
in
delivery
which
month
Figures after decimal point represent
laafi for Prerioua
Range Since January l
Lowest
Highest
NEW
108.21
Feb
105.28 Mar 10
111.23 Bep
101.8 July
105.28 Mar 10
112.6
Feb
107.20 Mar 10
107.20 Mar 10
106.13
July'
108.16
Dec
106.13 July
108.16 Dec
104.12
104.24
104.14
101.27
May
114.8
Feb
Feb
May
July
Bep
Dec
104.12
Feb
104.24
July
104.23
__
102.22 Feb
102.22 Feb
2
104.18
Dec
104.4
101.24
Dec
Apr
101.11 Jan
7
100.24 Mar 13
101.11 Jan
100.25
7
Jan~~7
104.10
Dec
101
Dec
105.17 Jun
100.7
Dec
Jan
100.23 Jan
28
100.23 Jan
28
May
104.15 Apr
103.20
Apr
105.17
Jun
103.19
Apr
100.8
100.8
101.7
Dec
Bep
102.24 May
100
100
Dec
100.13 Nov
102.24 May
100.13 Nov
Jan
6
100.10 Jan
12
100.12 Mar 16
105.18 Sep
102.8
Mar 12
102.13
Apr
loiT. 12
101.12 Dec
102.6
102.4
Mar
4
100
Mar
2
100.2
Feb
11
100.5
Jan
9
100.5
Jan
9
100
Mar
4
Apr
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
TreasuryTreasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
2%s__
2%s„
of
a
High
101-23 Dec
102.28 July
Apr
102.25 Apr
103.1
Apr
103.2
Jan
103.4
July
100.30 Apr
101.2
Jan
100-26 Oct
101.8
Apr
101.11 Mar 11
101.16 Jan
20
101.12
J~a"n~30
101.16 Jan
20
sales
they are the only transactions
computing the range for the year.
in
.
>
AND
HIGH
Tuesday
Mar. 16
SALE
Wednesday
Mar. 15
Mar. 17
Low
High
Low
High
Low
High
PRICES
Thursday
Friday
Mar. 18
Low
High
Mar. 19
Low
High
*103.20
103.23
*103.20
103.23
♦103.20
103.23
*103.20
103.22
*105.28
*103.20
105.31
*105.28
103.23
*103.20
105.31
*105.28
*105.28
105.31
*107.18
*105.29
107.22
*107.20
106
107.24
*105.30
106.1
*107.22
1948-1951
107.26
*107.22
*100
107.26
*107.26
107.30
*107.30
108.2
104.29
1951-1954
*104.24
104.27
*104.24
1 04.27
*104.25
—1956-1959
104.28
*104.25
*107.18
107.22
104.27
*107.20 -107.24
*104.25
104.28
*104 26
*107.22
107.26
*107.22
107.26
*107.26
107.30
*107.30
108.2
-1958-1963
*107.18
107.22
*107.20
♦107.22
107.26
*107.22
107.26
*107.26
107.30
*107.30
108.2
107.24
1960-1965
*107.14
107.18
*107.16
107.20
*107.18
1948
—
Bales for
the Week
Bond* ($)
103.23
105.31
1955-1960
—
of
;
point.
107.22
*107.18
*100.26
107.22
100.28
*100.26
100.28
♦100.26
—1949-1953
100.28
*100.26
*102.16
100.28
102.19
*102.16
*100.26
102.19
*102.17
100.28
*100.25
100.27
102.20
*102.17
♦103.14
103.17
102.19
*103.12
*102.16
*103.14
102.19
*102.16
103.17
102.19
*103.13
103.15
*103.13
103.15
*103.13
103.16
103.14
—1950-1952
1952-1954
*103.7
103.9
103.16
*107.24
107.30
*107.30
108.2
*103.8
103.10
2%s__
*103.9
1956-1958
103.11
*103.9
*103.6
103.8
103.11
*103.8
103.10
*103.10
103.12
*103.9
1962-1967
103.11
*103-12
2%S__
*103.10
*101.12
101.15
103.12
♦101.12
101.14
*103.19
lGt.21
1963-1968
101.15
*103.19
2%s_-_
*101.12
*101.12
*101
101.2
101.14
*101
*101.13
101.16
*101
*101.15
101.18
101.2
*101-
101.2
*101.2
101.5
*101.3
101.6
100.27
*100.25
100.27
*100.26
100.29
*100.27
100.29
100.26
*100.24
100.26
*100.24
100.26
100.27
*100.26
100.28
*100.24
100.26
*100.24
100.26
*100.24
100.26
100.18
*100.16
100.18
*100.17
100.19
*100.18
100.8
*100.8
100.10
100.10
100.10
2%s_.
Jun
2%S—
2
Dec
1964-1969
100.24
100.24
*100.24
2%S—
1964-1960
*100.24
100.26
*100.24
1965-1970
Va S
*100.24
100.26
*100.24
1966-1971
2%s__.
Jun
*100.16
100.18
*100.16
1967-1972
*100.8
100.10
100.8
101.2
100.26
100.26
*100.24
100.18
*100.16
Sep
1967-1972
*101.7
101.9
*101.8
2%s
101.10
Dec
1967-1972
*100.8
100.10
*100.8
100.10
2 %S—
—
—1951-1953
—1952-1955
2 %S
2
1954-1956
Vis-
Treasury 2%s
Treasury 2%s__
2s
.1956-1959
♦100.24
100.26
100.8
2%s__.
2%s—
*100.25
100.8
*101.9
100.12
100.8
100.8
103.21
4,000
100.20
101.11
*101.10
101.12
*101.16
100.12
101.18
*101.18
*100.8
100.10
*100.8
100.10
*100.9
100.11
14,000
101.20
103.23
*103.18
103.21
*103.18
103.21
*103.18
103.21
*103.18
*102.5
102.7
*102.6
103.21
102.8
*102.6
*103.18
102.8
103.21
*103.20
*102.6
102.8
*102.9
102.11
*102.10
5,000
102.12
*104.8
104.12
*101.17 101.19
*104.8
104.12
*104.10
104.14
*104.10
104.14
*101.19
101.21
*101.21
*104.14
101.23
104.18
*104.18
104.20
*101.22
101.24
*101.29 101.31
*101.30
102
Jun
1959-1962
*100
100.2
*100
100.2
Dec
*100
100.2
1959-1962
•100
*100
100.2
100.2
*100
100.2
►100
100.2
*100
100.2
1948-1950
*100
100.2
Mar
*100
*100
100.2
►100
100.2
*100
100.2
1948-1950
*100.26
—Dec
100.28
*100.26
100.28
2S—
Jun
*100.26
1949-1951
*101.1
100.28
*100.27
101.3
*101.1
101.3
*101.1
100.29
*100.26
100.28
1949-1951
*101.4
*101.1
100.29
Sep
101.3
*100.27
2s
101.6
*101.4
101.3
101.6
*101.4
*101.1
101.3
101.3
1949-1951
*101.8
*101.4
*101.1
Dec
101.6
101.10
*101.8
101.10
101.6
*101.8
*101.4
*101.4
101.6
1950-1952
101.10
*101.11
*101.8
101.6
101.13
*10i:il
101.13
101.10
*101.12
*101.8
101.14
101.10
*101.8
101.10
*101.12
101.14
101.12
101.12
*101.13
101.15
101.15
*101.13
101.15
*101.15
101.17
101.18
*101.13
*101.16
101.15
*101.15
2s
102.23
July
101.20 Dec
102.30 Apr
May
unless
range,
sucrx
.1949-1952
2%s._
S Treasury 2s
Treasury
Treasury
Treasury
Treasury
Treasury
S2d
week's
or
'
-1951-1955
-
Treasury 2%s_.
Treasury 2%S—
Treasury 2 %S
Feb
101.26
101.24
Treasury 3V»s
Treasury 3s
Treasury 2%s
fTreasury'2%s
Treasury 2%s_
Treasury 2%s
mature.
Monday
Mar. 13
Lew
.
Feb
more
Saturday
STOCK
EXCHANGE
106.6
114.8
or
bonds
.
104.25 Sep
106.4
Dec
102.6
YORK
one
disregarded in the
No-account is taken
are
occur.
the
LOW
GOVERNMENT BONDS
Tear 1947
Lowest
Highest
sales
they
when
Exchange
YEARLY
-
2s
—Mar
Treasury 2s
Sep 1950-1952
Treasury 2s
1951-1953
Treasury 2s
1951-1955
Treasury 2s
Jun
1952-1954
Treasury 2s_—
Dec
1952-1954
Treasury 2s
1953-1955
Treasury l%s
1948
Treasury l%s
1950
International Bank for
Reconstruction & Development
10-year 2%s
♦101.13
101.15
*101.13
101.15
*101.13
*101.12
101.14
*101.12
101.14
*101.13
101.15
101.17
*101.12
101.14
*101.12
101.14
*101.13
*101.8
101.15
101.10
*101.13
*101.10
101.12
101.15
*101.10
101.12
*101.14
*101.9
101.16
*101.14
101.17
101.11
*101.12
101.14
*101.12
101.14
*101:11
101.13
*103.12* 103.16
*100.6
100.7
*101.11
101.13
*100.6
100.7
*100.15
*100.15
1,000
100.17
*101.6
101.8
*101.7
101.9
*101.8
*103.6
*103.6
103.10
101.9
*103.8
101.10
103.12
*101.7
103.10
*100.6
*103.8
100.7
*100.6
100.7
*100.6
103.12
100.7
100.14
*100.12
100.14
*100.6
100.7
*100.13
100.15
*100.13
100.15
*100.12
100.17
*101.17
*103.14
101.19
103.18
1957
7.000
34,000
Number 4683
167
Volume
THE COMMERCIAL
NEW
&
YORK
RANGE
FOR
FINANCIAL
BOND
WEEK
ENDED
CHRONICLE
RECORD
MARCH
19
BONDS
Bonds
Stock Exchange
New York
Sold
No.
Now York City
Trudt Unification issue—
3% Corporate Stock
Friday
Range Since
BONDS
January 1
Low
High
New
York
Stock
Interest
20-year extl 6s
5 Vis
—„
External gold 4 Vis
•_
■1 Salvador (Republic of)—
External
100%
104%
4s
exU *
f $
A
2?. ex51 1 ' *
Oseek
A7s
part
paid
,
wA6s part paid
120
Credit
Italian
1-1693
Works
1%
Public
sink
fund
lAAntioquia
(Dept)
•liedellin
1947
6s
4s
60
1968
coll 7s A
—1945
f 7s series B
s
f 7s series C
1945
s
f 7s series D
1945
lAExternal
AExternal
s
f 7s
s
AExternal
sec
AEXternal
sec
1st series
f
s
f
s
33 Vi
2d
series—1957
7s 3rd
series—1957
7s
40
38'/a
32
external 5s—1958
Australia (Commonw ith) 5s of '25-1955
89
1966
85
3%s
1862
83 %
89 74
s
External
s
IA Br aril
6ViS—
1949
f
7s
1007a
1955
6s
f
1077s
91'/2
83'/B
1967
93
87 Vi
1957
Belgium external
External
85 Vi
89 V4
100
1977
external
1127a
517a
517a
AExternal
s
to 3.57c)_
(Int reduced
s
(Int reduced
to
1978
;
.
1958
1947
1968
1950
assented
sink
fund
gold 8s
C
Alegre (City of)
1963
1961
8s
Stamped pursuant to Plan A
(Int reduced to 2.375%)_,.
2001
A External loan 7 Vis
1966
11——
12
Series No.
13
Series No.
14—
Series No.
15—
Series No.
16—
Series No.
Stamped pursuant to Plan A
(Int reduced to 2.257c)
(City of)
IARlo de Janeiro
17
Series No.
18—,.
Series No.
19
2000
1946
8s
Stamped pursuant to Plan A
(Int reduced to 2.375% )
A External sec 6 Vis
Stamped pursuant to Plan A
(Int reduced to 27c)
2001
1953
2012
Series No. 20
Series No. 21Series No. 22
Series No. 24
Stamped pursuant to
_.
*
48
1017a
977a
1960
103%
1961
104
103% 104 y4
104
104 7a
102
99
1950
101%
103%
104%
103%
104%
1954
—
1942
IA 7s assented
1942
;
AExternal sinking fund bs
lauu
assented
1960
sinking fund 6s_
Feb 1961
A8s assented
A6s
57
977a
1957
1958
(Dominion of) 4s
26-year 3 Vis
A Carlsbad
(City) 8s
I a Chile (Rep) External s f 7s
48
52 7a
(CityKs 1 5s
ARy external
A8s
1961
Stamped pursuant to Plan
(Int reduced 2.57c)
A7a extl water loan
Jan
1961
Sep 1961
Sep 1961
^External sinking fund 6s__
1962
assented
A6%s assented
Guaranteed sink fund
(Int reduced to
2001961
201!
3.57c)
A
.
19T
1961
1961
6s
a_A8« assented
1962
y\
*.1962
Cons Munic 7s___
For Financial
Inatitutiona
-I960
A7s assented
A Chinese
199?
,—1961
6s
assented-
AGuaranteed sink fund
Colombia
Stamped pursuant to Plan
1961
2015
193(
194<
IA Secured a f 7a
1957
2001
1957
1991
Stamped pursuant to Plan A
(Int reduced to 27c )
1957
6%s
1952
1952
195<
1963
—1963
A6Vas assented
Sinking fund
2004
A
1962
A6s assented
AExternal sinking fund 6s
A6s assented •_
A<7hlle Mortgage Bank 6 Vis
A Chilean
external
Stamped pursuant to Plan A
(Int reduced to 2.257c)
A6a extl dollar loan
.
1967
»
195(
1961
Jan
6s
assented
A6s
municipal loan
Stamped pursuant to Plan A
(Int reduced to 2.25%)
ARome (City of) 6Vis
ASan Paulo (City)
8s
Stamped pursuant to Plan A
(Int reduced to 2.375%)
ABVis extl secured s f
Stamped pursuant to Plan A
(Int reduced to 2%)
I ASan Paulo (State) bs
Stamped pursuant to Plan A
(Int reduced 2.57c)
A 7s
Feb
f
s
AXxtl Blnklng fund 6s
A6s
Sul
IA 8s extl loan of
Series No. 25—
A 6s
(State of)—
1921
1946
Plan A
(Int reduced to 2.57c)
1999
A6a external sink fund gold-—1968
Stamped pursuant to Plan A
(Int reduced to 27c)
2012
A7s external loan of 1926
1966
Stamped pursuant to Plan A
(Int reduced to 2.25 7c)
2004
Rio Grande do
Seiies No. 23—
Canada
A
1940
10
Sinking fund gold 5s
Sinking fund gold 6s—
'
1947
2008
1959
I960
1961
9
3%» Series No. 30——
A
1967
7s
Series No.
Brisbane
,
1963
1994
Series No.
Series No.
A Extl
—
A4Vis assented
A Porto
3%g Series No. 27
3%g Series No. 28—
3%s Series No. 29
-r
1957
1970
1955
external 7s
of)
(Rep
AKxternal
I
Series No. 8__
3%g Series No. 26
.
1963
IA Poland (Rep of) gold 6s
AiVis assented
AStakilliatlon loan s f 7s
Series No. 7
3%g
3%g
3%g
3%g
3%g
J
(Republic)
AiVis
Series No.
3%g
3%g
3%g
3%g
3%g
loan
external
f
ANat loan extl s f 6s 2d ser
6
3%g
3%g
3%g
3%g
.;
1965
ANat loan extl s f 6s 1st ser
5__„
No.
s
1957
4 Vis
Stamp mod 3Vis ext to
Ext sec ref 3Vis series B
A Peru
4
Series
fund
Stamped pursuant to Plan A
(Int reduced to 2.125 7p)
3
Series No.
1959
1956
t-i
to
lAPernambuco (State of)
—.
No.
Series No.
2008
AStamped assented 5s
.
(Int reduced to 3.3757c)
1979
External $ bonds of 1944 (Plan B)—
3%s Series No. 1—
Series
2.125%)
to
2008
Panama
1979
funding bonds of 1931 due—1951
Stamped pursuant to Plan A
Series No. 2
1958
Municipal Bank extl s f 5s
Oalo (City) link fund 4Vis
i%
3%s
3%a
J%s
3%a
3%g
3%s
3%s
3%g
3%g
3%g
1952
—
6 Vis
f
s
is sink fund extl
1952
3.57c)
1942, agree_1963
5,
6Vis
(State)
reduced
External
1979
Stamped pursuant to Plan A
(Ipt reduced to 3.375%)
(Central Ry)
Stamped pursuant to Plan A
1945
agree_1963
Netherlands (Kingdom)
3%s
Norway (Kingdom of) 4Vis
62
,1957
A7»
1954
2.125%)
3Vis
to 3.375%)
agree_1963
1942,
5,
reduced
'Int
1957
f 6Vis of 1927
agree_1968
1942, agree_1968
5,
to Nov
external
(Int
Stamped pursuant to Plan A
AExternal
1943
L
1942,
Stamped pursuant to Plan A
1978
f 6Vis of 1928
7s—1957
—1954
Stamped pursuant to Plan A
Stamped pursuant to Plan A
(Int reduced
1951
Bk)
A Bee external s f 6 Vis
114 y4
1127a
-1941
8s
7s
5,
Nov
(City of)
-Atteo
IO8V2
1955
(U S of)
'
1977
6 Vis
Nov
to
Mlnas Geraes
104%
10678
to
A Ass'td
AMilan
89 V2
18-year
,
——1950
41
1952
to Nov.
Ass'td
102
3Vis
3Vis
3Vis
3Vis
64%
40 Y«
39
lATreasury 6s of 1913 assent—1933
99
97
10-year
10-year
20-year
20-year
1
82
58
45%
6
54%
I960
1977
lAAssenting 4s of 1910—
40%
.
85
Irrigation—
Ass'td
-.,40%
33 Vi
AAntwerp (City)
63
for
Ass'td to Nov 5, 1942,
AAssentlng 4s of 1904_
40 Vi
33
1957
54'/«
(US) extl 5s of 1899 £—1945
lAAssenting 5s of 1899—
1945
,40
36 Yb
60
IA Mexico
40 V
31
90
A-O
1947
(State Mtge
Ass'td
92%
.
31 Vi
—1945
lAExternal
lAExternal.
66
-
85
' 59
1964
f l-3s
|A4Vis assented
65
68
64
1968
to 3%
1%
(Colombia)
Mexican
60%.,, 64.;.,
1948
(King of Norway)
36
68 %
Utility—
(Kingdom of)
A Jugoslavia
|AGtd sink fund 6s
AGtd
Akarsbus
78
61 Vs
-.-I960
A External 7s
Altaly
Agricultural Mtge Bank (Colombia)—
74
64
1949
3%
to
I960
(Hukuang Ry) 5s
(Republic of)—
FOREIGN SECURITIES
i—1951
A6a of 1928
Oct 1961
*67
A0O of 1927—
Jan 1961
*o7
75
38
39
3s external
s
f $
bonds——1970
lAColombla Mtge Bank 6 72s
lASlnklng fund 7s of 1926
IA8!nking fund 7s of 1927
Copenhagen (City) 5s.__.
1947
1946
1947
*37
debt,.
Sinking
5Vis
fund
4Vis
1949
—1977
1953
Chechoslovakia (Rep
of) 8s ser A_1951
^Sinking fund 8s series B—
1952
Stamped assented (int reduced
to 6% ) extended to
1960
_
For
footnotes
see
page
28,
54
62
58
15 7a
44
44
53
537a
1952
25-year gold 4%s"
—1953
a
Costa Rica
(Rep of) 7s
—1951
Cu°a(Republic of) 5s of 1914
1949
External loan
4%s external
FIRM TRADING
MARKETS
*37
*37
16
58
1
53 7a
157a
82.
79
18
102 3V
101
r.AHL MARKS & r.o. inc.
FOREIGN SECURITIES
SPECIALISTS
102IV
100%
*10231
—
*100%
—
116
116
109
109
?
nri
1157a
118
109
110
102
1107a
106 Yb
HO
High
76
1967
5s-
s
Consortium
Credit Institute
Faratga Gavi. A M unlet pal
Low
J-J
F-A
Jan 1, 1976
|A7« series B
Teletype
NY
f
s
(Republic) extl
Public
Broadway, New York
Rang* Since
Jaaiary 1
1962
..
Italian
•
No.
1942
ext 6Vis
Italian
Telephone
Sold
Government—
Irish Free State extl
REctor 2-2300
High
Bonds
Jan 1, 1976
Helsingfors (City)
Members New York Stbck
Exchange
Bid A Asked
Jan 1,1976
f $
s
ARstonia (Republic of) 7s_
French Republic extl 7s
Wertheim & Co.
Week's Range
or Friday's
'
1955
gold
3%s extl
Foreign Securities
tale Price
Low
lADenmark
19
Last
Period
Exchange
50 Broad
Telephone HAnover
St., New York 4,
2-0050
N. Y.
Teletype NY 1-971
26
THE COMMERCIAL
(1278)
YORK
NEW
Friday
BONDS
York
Stock
Interest
Sale Price
BOND
Range
Friday's
or
Bid & Asked
Low
A 8s
secured
external
A 7s
series
sec
extl
(Prov of)
extl
A 4
Vas
B
—1962
i
M-N
1962
7s
assented
High
January 1
No.
Low
New
sink
fund
6s
sink
fund
6s___
1964
bonds
of
1937)
External conversion
'
10
90
90
Af-N
7%
Ref &
79
*__
2
82
83
~ J-D
F-A
J-J
1952
A-0
*18
1958
85
111
&
Western
1st
gtd
Allis-Chalmers Mfg 2s debs
Amer & Foreign Pow deb
American
Va
2
76
conv
2030
Ann
Arbor
111
111
F-A
*109% 115.',
&
ref
mtge 3Vis^iiL-/;^-—l_1985
F-A
*98% 100
&
ref
mtge JJ7/aSA^———1970
F-A
"5
"7
lst
&
€'*cond
97%
97%
5
93
93
93%
102
94%
92
94%
92%
89%
90%
1957
J-D
95 Vi
108
93%
95
18
85%
101%
90%
19
101%
108%
101% 102
379
A-0
1969
A-O
101%
101 Vi 101%
72
Q-J
Air
A-O
Danville Ry
mortgage
119 Va
M-N
1995
1
26
54 '/a
J-J
44%
43%
44%'
65
J-J
St
Paul
4s
mtge
&
1994
conv
inc
...
1st
mtge
J-J
89%
102% 103%
99%
14
103%
68
66 Vi
68
74
65%
70
Apr
55%
54 Vi
56
72
53%
57%
Apr
59%
60
180
Ry—
4Vis—Jan 1 1999
inc
B
ser
1989
—
Chicago Rock Island
45
%
Apr
_„Jan 1 2044
Western
conv
3s
mtge
B
ser
58
39%
88
>89
RR—
Pac
A
ser
mtge 4%s inc ser A__Jan 1 2019
58%
J-J
.
90
*89
58
%
65%
89
90
Pacific Ry—
&
lst mtge 4s series A
Gen mtge
J-J
._i/1994
102%
100%
97%
A__Jan
ser
;
2019
104%
--Apr
1951
-
104'/a 104%
'
,.1951
;
Memphis Div lst gold 4s_,__
-
-
1951
81
Incomer ->2 % -4 %s___—
100
75%
77%
J-D
-
81
101V4
344
J-D
*._
f-
J-J
1994
71%
-;<V" Z \
77%
100
100
100%
1
100
81
104%
2
100
101%
102
100
—
104%,
81
J-J
81
1
78
88 Va
74
;
J-J
1963
77 %
V103% 104
J-D
Chic Terre Haute & S'eastern
Ry—
lst & ref M 2%-4%S
—1994.
102%
80
4%s
conv
Gold' 3Vis
109%
118% 119 Vi
60
115%
lst
119%
mtge
108 %"
107% 108%
19
106%
*103
M-S
1964
J-J
1948
J-J
Z_Il966
104 Vi
74
8
74
-76 Vi
J-J
98%
26%
99
26%
26%
*16
99
21
103 Vi
104%
98%
102%
1
99
20
25
ser
&
G
104% 104%
_1963
J-J
conv
4s_.__1952
J-J
4%s series DJl
ref
1962
M-S
1975
A-O-;1'-;
1969
F-A
Cincinnati
100%
100 Vi 100%
104%,
:
102%
,
2
100
•
101%
6
'i
104% "105%
.
103
105
102
105%
99
1st mtge '2%s_.
Union
Terminal—
mtge gtd 3%s series E
99
99
Z
lst mtge 2%&iser'G„
F-A
1974
J
City ;ice & Fuel 2%s debs!!—„„ 1966
City" investing Co 4s. debsJ:—
1961
98
*'97%
99%
107
3
;;
108 Va
98%.
■'
f
98
;.
99
'
J-D
-
J-D
-
'
0
*!.
1
92%
'.
•1 '•
79%
79%
.
Baltimore & Ohio RR—
4s
mtge
ser
Julv
mtge 57p ser B (4%
and 1%
contingent
gen
mtge 5%
3%
(2%
Series
A
Pgn Lake Erie
4s
-2
(2%%
Vi
84
28
A-O
88%
86%
88%
49
J-D
82
60%
59%
60%
103-
MS
58%
57%
583 a
86
58%
62%
46
57 3
62%
43
57
lst
MS
58 Vi
57%
59%
fixed
a
69
25
67%
Series
49%
46%
M-N
82
81%
J-J
70%
70%
71%
23 "■
70%
J-J
77%
77%
77 Vi
7
77%
83%
89
92%
78
81%
/
,
ref
4s
1985
Beech
Bell
1951
Creek
82
of
Pa
J-J
lst~3%sZZZl95i
5s
series
C
45 Va
51 VB
81j%
89
83 Vi
~5
120% 120 Vi
*95 Vi
96 V2
"2
88 Vi
881
Af-N
1970
J-J
~~197fi
mtge
5s series
AC
1907
97%
5s
4%s series JJ
.1961
.
_
mtge 2Vis
Bush
1947)
due
Term
73
55%
*78
88%
Af-N
ZZZl960
California
Elec Power lst
3s__
Calif Oregon Power
3 Vis
97%
Guaranteed gold
Guaranteed gold
Guaranteed gold
Guaranteed gold
60%
Can
Pac
Ry 4%
__
:
M-N
1962
A-0
A-O
1970
stk
"*""""1955
~
195s
ZZZZZ1951
perpetual-___
Carolina Clinchfield &
Ohio 4s
Carthage & Adirondack Ry
lst mtge
gtd 4s
Celanese Corp 3s debs
&
N
lst
_Z
108%
Central
&
ref
(4%%
J-J
85%
97%
97%
2
59
60%
35
lACentral
5s
stamp
90
~1
9
104
101% 101%
112 Vi
108% 109
&
Pwr
1965
ref
1047/8
101
__
104
101
104%
__
95
97%
22
104
106%
95%
-105
3 Vis
A-O
100%
F-A
96%
89%
93 Va
95%
59
,
88%
105
111%
M-S
,105
1955
3%s
—1951
3%s
Corp
series
Power
1965
lst
mtge
3s
Ry
89
106%
2%s„1975
84
96-
107
108
1
58%
100 Vi 100%
20
100%
102
10
M-N
41%
41 Vi
1959
A-O
7
7
7
1959
A-O
6%
6%
6%
43%
52
34
4
19
99
99%
78%
3
19
Q-J
37%
J-J
35 Vi
Q-J
38
39%
107
64
45%
6
18%
,_
66 Vi
39%
52
37%
•:•••
101%
103%
106%
107%
,96
95
97
95%
95%
12
94%
1
5%s„—1942
J-J
99%
99%
38
——1946
—1946
92%
52 3 4
54%
1
37%
40'/»
2
81
83
31
32Va
35 Va
34 Vs
37 V2
35%
38%
81
%
,
33%
35
*33%
98
88
1
38
33%
J-D
100%
98
36%
53 %
35
J-D
102%
96
2
81%
-
43
89
■
94%
98
101%
6
99 Va
*52 ••
-t-J
*92%
97"-
102
89
JD
—.1952
102
97%
95
__
*97%
M-N
deposit rets
Pr
«fe
8 Vi
,
Lt
lst mtge
Ry
Union
Y Lack
1975
2%s
St
A-0
35
98 V*
99
96
98%
7
103% 103 Vi
~6
103%
103%
1965
A-0
100 % 100 %
1963
M-N
90
91
1973
M-N
*82
86
1993
3 Vis
J-D
M-N
1978
•/_.
series
J-J
B__. 1965
'102
22
100
101 %
30
90
95%
80%
83
4
West RR Co—
&
ref
8%
52 Vi
19
107%
44%
Western
M
5s
54
60
div
C
ser
mtge due
Essex
Coll
&
tr
56%
division
4-6s_-_—.——May
1
Power As Light 3s
mtge & coll tr 3Vas—
lst
2042
M-N
1977
56%
57 %
57%
61%
54%
30
-
A-O
.1977
>102
J-D
103
103
101
>104
,
Denver & Rio Grande West
mtge ser A
1%
(3%
RR—
fixed
contingent int)
AIncome
mtge
J-J
Denver
&
1%
"
*
<
Salt
mtge
contingent
*'.
84%.
33
56%
58%
278
J-J
71%
1993
1966
M-S
197(1
-J-D
M-S
J-D
i
J-D
.•>
A
71
*109%
_,_1982
-
2%s
51 %
58%
72
72
66 Va
34
«
Detroit, & Mackinac Jlst lien- gold 4s 1995
& ref
84%
'
Detroit Edison 3%s series G
Gen &-ref 3s series
Gen
80
fixed
int)
>'
83
58
(4%%
Lake—
(3%
83%
Apr
A
ser
contingent int)
79
64
6%
99%
J-J
reeeipts"
Morris
62
99 Vi
M-S
1965
1966
Delaware
107%
60 Va
*107%
102
J-D
AIncome
v-
112%
39%
M-N
3V«s.
lst
35
,-r5
—
:-*9S%
95%
debs
mtge
mortgage 3s_
lst &
113%
112%
85%
103 Vi.
101% 107 V8
M-S
receipts
B
ser
106%
105
102% 103
*
A-0
1982
D
lst
Baking
Deposit
101%
York—
A
ser
103
J-J V
F-A
1972
3s
ADeposit
109%
21
A-O
F-A
—,1977
94%
ref
55%
98%
105
*97%
&
'51
20
F-A
A___ 1961
Deere & Co 2%s debs.:
Delaware As Hudson 4s extended
109%
25
3s
3%s__ —1970
J-D
Delaware, Lack
108 Vi
65%
J-J
25
100 %
,
108%
79
1987
5?%.
52 Vi
100
*101
A-O
;
100%
1
64
gold 5s
52%
A-0
1977
A
103%
100 3a
13
78%
1966
M-N
D
111%
52
99%
107
110%
J-J
102%
96%
96
105
99%
J-D
100%
40
101 Vi
13
64%
1946
14
98%
64%
99
J-D
1951
102%
96 Vi
M-S
ACuba RR lst 5s gold,
98 %
4
F-A
101 Vi
96%
1971
El
2%s
Northern
99%
8
F-A
B
Cigar
mtge
Steel
25
99
102 Vi
1980
debs
A-O
gold 4s—1948
extl
s'f
Continental
25
84
,
A-0
1972
Consumers
106% 107
60%
1987
series I
Second
gold 4s_,_,_
Detroit, Term & Tunnel 4%&—
1995
1961
•
Det Tol As Ironton RR 2%s ser
B__1976
Dow Chemical 2.35s debs./.,.
37%
82
35%
42%
t&ADul Sou Shore & Atl
gold
35%
27
32%
38%
Duquesne Light Co
32 Vi
•
-
._„19Ri
36%
32%
15
103%
102%
96
2
96 78
97%
/
'*
*68 Vi
68%
72
63
83%
63
"l
102
M-N
M-S
-
103 Va 103 %
96%
109%
108
•wv-
102
4
96
5
B1
83%
96%
J-J
83%
97%
j
23
.
71V
58'i
63
*'
102
96 Va
84
98
37
*
39
1974
A-0
100%
100% 101
12
F-A
103%
97%
103% 103%
102 Vi
Banking Co
redemption )„1942
96%
97%
Af-N
1977
-
1
J-J
38%
38%
38%
10
38
96%
F-A
99%
14
98%
41%
100 Va
103%
F-A
5s___1937
2%s
101%
43
1974
A
Aug 1
RR &
103%
103%
Edison Co—
Crucible
93
101'/a
*108
1987
series
to
Sou
iACuba
1
J-D
Central Pacific lst ref
gtd gold 4s_1949
lst
&
55%
—
1945
Power
13
lst
il
110% 110%
106 %
Z-1987
York
65
1973
Elec
&
27
1948
registered
New
Gas
Income
A5s registered
AGeneral 4s
A 4s
103% 104
104 V* 104-i
lst & ref mtge 2%s ser B___
& ref m£ge 2%s ser C
101%
73
109% 109%
111% 111%
M-S
ZZZl9fiO
3 1960
5s
gen
104
1977
lst
.
J
series B
River
lst
gen 5s series C
AChatt Div pur money
gold 4s
iAMobile Div lst gold 5s
Central Illinois
Light 3%s
of
A-O
mtge 3s series L_—___'
Ry Ac.'L 1st & ref 4Vis,
100
50
18
112
F-A
M-S
ig81
A Ref &
lACentral
64%
88
Co—
Consolidated Edison of New
7
Nov 1943
5 Vis series
gen
—1972
Terminals
98%
37
90%
Ry—
A Ref
95%
98%
55%
96Vi
*__
J-D
1963
ACent Branch U P 1st
gold 4s
JCentral of Georgia
SAlst mtge 5s
s AConsol gold
*101%
A-0
96
76%
*99% 100 Vi
101 %
F-A
Celotex Corp 3V»s debs
3%S debs (1947
issue)..,.
F-A
Conn
Dayton
Z6ct~i969
4Vis
1950
1961
Conn
...
89%
90
J-J
4%s_
73
59%
84 Va
—
*101
96%
101
105% 107
J-D
1974
5s
deb
M-N
4Vis series C
Commonwealth
91
N
_
J-J
J-D
91%
>102
J-J
1957
43/4s
83%
99%
68
4
89
4Vis
gtd
Ohio
A6s
A-O
1976
gtd 5s A
National Ry
Guaranteed gold 4Vis
Guaranteed gold 5s
39;--
62%
*86
—
lst
lst
lst
cons
5s
mtee
Davton
Canadian
6i%
:
—
1948
Columbus & H V
iil
119
91%
96%
89%
A-O
1955
Bldgs 5s gtd
Canada Southern
>■
82
97
-
70%.
1982
A7%s ser-A deposit rets
1952
5s
*102%
M-S
Af-N
55 Vi
*18%
F-A
"J-J
73
'
-
1957
Terminal lst 4s
Consolidated
Bush
1
J-J
F-A
1954
1975
*—
M-N
1970
Buffalo Niagara El lst
mtge 2%s__1973
Buffalo Rochester &
Pgh Ry—
Stamped modified (interest at
"
to May
53
93
*101%
A-O
ZZl960
July
7s„
1969
.
61%
'
1
:
'
•
69%
\?
Colorado & Southern Ry—
4Vis (stamped modified),
*
i'_._
Bklyn Union El lst gold 5s
Z__ri950
Bklyn Union Gas 4s debentures
Gen
M-N
'70%
1970
94%
—
*90 Vi
M-N
mtge
II~,____,ZZIIl955
Co
J-J
——_
96%
98
*96%^
M-S
mtge
lst
_
97%
M-N
1st
mtge 4s series RR
AInc mtge 4Vis ser A
1991
3s
3S——
Union
lst mtge
lst
A-0
1961
1st
(Ernesto)
Ulum
gtd
3%s gtd
Consolidated
mtge 2%s ser I___
Cons mtge 2%s ser
J
Boston & Maine RR—
ABreda
83%
*99
1990
4s
4s
mtge 5 Vis series A
lst
Cons
1st
83%
J-D
J-J
85.'%
A-O
1960
Beneficial Indus Loan
2Vis debs
Bethlehem Steel
Corp—
series
J-D
—1977
Columbus & Tol 1st extl 4s_:
J-J
Z1951
~
Extension
Telephone
lst
gold
Columbus
4s
stamped
-
92
227
12
49 Vi
;
Bangor & Aroostook RR—
Con
E
3%s
D
Columbia
D
ser
tr
•
1993
Pittsburgh RR—
Short Line
lst
-
ref M 4s
&
C
Series
72%
May
Va
_
111
Cincinnati division
lst lien &
Elec
Cleveland
67%
Div
coll
1993
i
series
Mich
lst
mortgage
Cleve
J-D
&
Div
Cleveland
62%
1900
West
Wab
B
V'";.:
92%
10
90%
Feh 1 20m
A
lst
series
Cin
87%
Cleveland
1993
tge 5K~ser~A
fxd & 1 Va % cont
int)
1980
,o
Toledo
&
series
d'V
(3
83
'
contingent interest)
due Dec 1 1993
a4 Vas conv income
Ref
83 Vi
—
,®eries J
a
1975
1—
due Mar 1
200o
due Mar 1 1996
M
33/»%
5s
& impt 4%s
St L
due Dec 1
Ref & gen
mtge 6%
and
A-O
fixed
contingent interest
°cr!es £
Series K
>
1975
fixed
int).July
&
and
General
Ref
A
1st
Rei
Cleve Cin Chic & St Louis
Ry—';'
General gold 4s
L
B
1949)
(partial
Champion Paper & Fibre deb
3s
1965
J-J
*97% 101
*--
*94Vi
31%
97
33
East tenn Va k Ga Div 1st 5s
(NY) lst cons gold 5s
Elgin Joliet
33%
Q« V.
1956
Ed El 111
&
East Ry 3%S,
El Paso & S'western lst
5s_,_
M-N
1995
-
Jf-S
,,1965
A-O
111
J-J
1970
111
>141
103%
111
•
156%
10
110
111
156%
156%
103%
105
103% 103 %
102
104
103..
104
'Z
...
*108%
.
ls„
*
194%
"16
104% 104%-
.
••
ty
1st
21
97%
Cine Gas & Elec
30%
15%
18
98%
2%s
F
103
23
104% 104%
J-D
1948
series
<3hlc & West'n Indiana
108%
101
3Vis
mtge
lst
M -N
July 1952
Atlantic Refining 2%s debs
mtge 4s
Mil-w
1st
1963
4s
67
57%
Ry—
inc ser AJan
Chicago St L & New Orleans 5s
106%
Ry—
1st 4s
90
57
Nov
Line
115
79
55%
.
Ind & Louisville
Chicago & North
97
101
97%
97%
111
8
Chicago Union Station—
July
4s
Charlotte
49
91%
80
A-O
1
-=
93%
95%
108
111% 111%
111%
J-J
57%
104 %
13
1962
„
41%
73%
71%
J-J
90%
342
103 Va 104
M-N
Jan 1 2038
4Vis
95%
J-D
35
1983
2nd
90%
93
53
73 %
40
lst
103%
84
93
39%
*72%
80'%
98%
75
89%
M-N
61%
4%s
mtge
mc
Gen
97 Vi
103%
98%
94%
39
39%
91
61%
Chic
106 %
92%
J-J
112
93
20
..
<80%
100
95 Vi
ZZZZZZl987
mortgage 3%s
Atlantic Coast 1st cons 4s
General unified 4Vis A
&
100%
94%
J-D
1st
.Atlantic
4
3
92 Vi
A-O
109%
94%
61%
85
92%
Juiy~l~1995
Stamped
97 Vi
95%
193?
111
A 2d
mtge 4 Vis inc ser A
Jan 2003
Chicago Ind & Sou 50-year 4s
1956
28
104%
F-A
gold 4s
.July 1095
A P W
Products. Co 5s
i960
Atchison Topeka <fc Santa Fe—
General 4s
I995
Adjustment geld 4s
Atlanta
19 Va
A-0
1961
110%
108
94
J-J
1997
1985
110%
J-J
AGen
1980
ZZZl986
B
3%s ser B
mtge
A lst
100%
97 Vi
,
series
Chicago & Erie lst gold 5s—:
:_1982
Chicago Gt West lst 4s series A—1988
:
19%
*
4Vis
.,
Zl975
1st
117
*115% 118
to
5%
97 Vi
M-S
debentures
115
J-J
92
90
105 % 106 Va
M-S
debentures
104
lst
83
85
—
19%
A-0
Telephone & Telegraph Co.—
2%s conv debentures
Amer Tobacco Co deb
3s
3s
J-J
I95g
2%s debentures
27/#s debentures
127
104
101%
1977
ref
cons
Chicago & Eastern 111 RR—
AGen mtge ir:c conv 5s/.
40
*103 Vi 104 Vi
A-O
2%s debentures
2%s debentures
2%s debentures
2%s
19 Va
M-N
4s_.1998
5s
121
100%
10
,
103'a
&
86%
85
5 "'
43
103 Va
120
121
79
*•'
1
High
103 VB 103%,
General 4s.1958
80%
88
*5
A-0
iyb7
Alabama Power 1st
mtge 3 V2s
1972
Albany At Susquehanna RR 4%s~1975
Alleghany
127
Low
l0o''a
*—
118
15
F-A
—1952
s
'
January
No.
103%
J-J
Chicago
3 %
127
Range Since
sold
M-N
J-J
RAILROAD AND INDUSTRIAL COMPANIES
Southern
1st
M-S
Bonds
High
lst
118
873/8
*"*F-A
Great
Friday's
Bid & Asked/
gold 4s.._/.,_19b9
2d ponsol gold 4s_
-1989
Chicago Burlington & Quincy RR—
8%
79 %
*80
(City) external 79,_,-__1958
Aiaoama
or
-
F-A
1996
M 3 Vis series E
R &.A Div
90
121
79 %
1978
AAdriatic Electric Co 7s
Week's Range
Last
Sale Pric&<
Period
,
1992
..1996
impt mtge 3%s D
Ref & impt
13%
85
*115
1984
A4 Vis assented
"
Chesapeake & Ohio Ry—
General gold 4%s..—i-i
7%
6
16
118
118
Af-N
1978
AVenetian Provinces 7s
Exchange
Low
*>
Af-N
1979
-
4-4%-4Vis extl readjustment
3%s extl readjustment
^Warsaw
4%
4
13%
*115
* Af-N
1979
conv
Stock
High
—
readjustment
37/a-4^8-4^5 extl
*6
J-J
* F-A
1960
External
($
'
7
York
lst
External
A
3%-4-4Vas
2
13 Va
J-D
1957
8s__—1946
A
External
Va
4
4
Interest
BONDS
Range Since
Sold
4(8
4%
J-D
1958
Sydney County Council 3%s
lAUruguay (Republic) extl
4 Mi
M-N
_1958
If)
Friday
Bonds
Serbs Croats &c Slovenes (Kingdom)-—
A Silesia
RECORD
MARCH
ENDED
Monday/ March 22,
1943
Week's
Last
Period
Exchange
FINANCIAL CHRONICLE
WEEK
FOR
RANGE
New
&
Number 4683
167
Volume
THE COMMERCIAL
NEW
YORK
RANGE
BONDS
Interest
Stock Exchange
York
New
Friday
or
Sale Price
Friday's
inc 4%s ser A—Jan
mtge 3 Vis ser E
mtge 3V8S ser P
mtge 3'As ser G
1st cons
1st cons
1st
cons
mtge 2s ser H
Ohio Div 1st.mtge 3%s
1st
".
2015
1964
1990
of
Certificates
A
General
A4s
Berg Co
1950
inc
1949
debs
(B F) Co 1st mtge
Great Northern Ry Co—
General 5VaS series B
General
5s
series
mtge
ser
ser
P
mtge
2%s
mtge 2Vis
AGreen Bay fit
A
Mobile
1st fit
Gen
fit
ref
4s
1st
fit
Gen
ref
mtge
Gulf States
4s
Util
(ft H)
Macy
Maine
4
97%
109%
1st mtge
99%
& Co
fit
114
90'A
2
90
Hocking
83
Finance
Hudson
Coal
Hudson
Co
Hudson
fit
A
Adj
1st
75%
93%
93%
5
86
76%
91%
Manhattan
102
7
■'
%
7%
100%
102%
6
__
102'A
3
97%
97%
12
71%
71%
1
4-0
2044
94%
£4%
59%
61'A
*94 '/a
Apr
1976
96 Va
60 Va
Bell
.1970
series
A
93
1st
gold
i
3
92 Va
97
56%
Corp
Michigan
Jack
61%
—
93%
95
■
90
105'A 105%
3VaS
62 Va
17 Va
24
1981
J-J
J-J
*101% 102%
103
*101%
100%
101%
98 Va
1951
A-0
A-0
101
M-N
100%
1952
4s
96%
100
9b Va
F-A
1st
gold
105
101
95
fcUl
60
5
;
104'A
6
series
1963
100
99%
100'A
9 5'A
100
97
100
101 %
,•97
--
—•
105
102
v;
--
__
,
102
Ref
fit
Union
Imp
Ry
2Vas
J-D
1970
J-J
1950
J-J
1980
90%
J-D
1963
J-D
.90%
90%
41
88%
83%
30
81%
A
Great Northern RR—
1st 6s series A_____.
1952
A
Adjustment
A 1st
5s
A 1st
gold
series
A
: <
77
*95
;. 9
,
97
95.
100
*100% 102
85%
56%
52%
58'A
20
34
24 y4
A-0
56
23
24'A
114
25 Va
*52%
54
48%
54Va
J-J
*53
54
50
54
fAInternat Hydro-Elec deb 6s
1944
A-0
Int Rys
1972
M-N
1956
-
Cent Amer
C
1st
5s
B
James Frankl fit Clear 1st 49
Jersey Central Pow fit St 27/aS
v:
60
*102
1959
J-D
77%
M-S
96%
lVl
77%
1976
9?
12
101%
75%
81 Va
V; 95%
97%
,
:
63%
101
35
61%
60
60
K
Kanawha fit Mich
1st
gtd gold 4s_1990
Kansas City Power fit Light 2%s—1970
Kansas City Southern
Ry 1st 3s—1950
1st
mtge
4s
A
*98
Kansas City Terminal lty 2%s—-1974
Kentucky Central gold 4S
1987
Stamped
Plain
4 Vas
1961
*112%
A-0
1964
A-0
tAKreuger
1969
ir-«
5s
ctfs
Lake Sh
fit Mich Sou gold 3%a
registered
Lautaro Nitrate Co Ltd— v.-.,'.
3%s
Coal
S P mtge 3%s
scr
Lehigh Valley Coal
1st
fit ref
sink
5s stamped
fit ref sink
5s
ref
sink
94
4VaS
91-'
5
•
83%
91%
91
95
F-A
*83
1954
F-A
63
J-J
70
M-N
2003
M-N
M-N
M-N
ALombard Electric 7s series
Long Island unified 4s
J-D
62
■*
98%
57
101
j-j
72%
71%
72%
21
71%
75
1962
J-J
63
61
1978
J-J
40-year
B
series
4s
ACum
series A
5s
lien
Prior
series
4'/as
D
9
-
12
73
62 Va
63
11
63
64
2
64%
80
;
64
61%
65%
47
64 Va
Jan 1967
adjust 5s series A
A-O
60
58%
/-A
77
76%
105
71%
78'%
MS
34'%
33%
35 %
405
30'A
39
MS
77 %
76%
73 'A
300
71%
79
66
72
78%
^Missouri Pacific RR Co—
A 1st fit ref 5s series A
ref 5s series P
1960
1970
-1977
ref 5s series G
1978
M-N
77
76%
77%
gold 5%s ser A
ref gold 5s series H
1949
m-N
21%
20'%
22
237
18%
27%
a-o
77'A
76%
78
188
71%
79
f-a
77%
76'A
78
329
71%
103
"2
101 Va
103
99% 100
13
99%
102
56%
57%
27
54%
74
75
26
68'%
78'%
68'A
70
48
64%
.72%
88%
90%
A Conv
4s
-
1980
1981
Moh'k fit Malone 1st gtd gold 4s—1991
Monongahela Ry 3'As series B
1966
Morrell (John) & Co 3s debs
1958
Morris fit Essex 1st gtd 3%s
2000
Constr M 5s series A
1955
Constr M 4'/as series B—
1950
Mountain States Tel fit Tel 2%a—1980
fit
1st fit ref 5s series I
,
US
*60%
f-a
103
m-N
J-D
57%
m-N
.
m-N
70
79
64'%
61%
66%
91'A
at-8
Loula—
Nashville Chattanooga fit St
debentures
3s
New Jersey
59'%
A
;
Cons
trust
1st
ref
fit
6s
4s ser A
refunding
5s
4'/as
gold
§ AGeneral gold 5s
gold
1st
5s
96%
85 %
IS AN Y West fit Bost 1st 4%s
84
87
Niagara Falls Power 3%s
Norfolk Southern Ry Co—
82%
85
60
64 Va
_1952
A-O
A-0
A-0
M-N
1949
MS
1949
MS
194P
vs
68%
67
71%
15
27
36
71
North
*70%
*120
73
122
*18%
fit ref 5s
series A
31
36
31%
General
37%-
42
72%
registered
Ref fit impt 4%s series A
Ref fit impt 5s series C
Ref fit impt 5s series D
r"
18
67
121
*
11
121
110%
111 %
Prior lien
4s
18
34
—
4s
registered
lien
3s_
69
69%
95
66%
72%
76%
76%
76%
79
74%
79 Va
79'%
80'A
27
79%
82
76
78
62
65
j-j
'
1951
2000
2043
2043
1973
1973
2007
A.2022
*52%
78
f-a
62%
62
f-a
*58%.
67
j-j
.
62%
f-a
58
*91%
; j-d
a-o
w-j
62%
58
62%
f-a
a-0
%
«
85
'
-•<—
:>%
r
■—'
■
*__
98
■;
—1937
1937
1940
1943
1982
1978
1946
190F
.
91
"I
94
81%
86%
82%
89
16
96 %
99%
86%
98
G3
57%
2
92%
85
62
60
~5
*101'A
J-J
--
*96
99%
'
—
99 Va
3
98%
72%
19
70%
74
79%
..
m-n
m-N
100
72 Va
J-J
79%
5
76%
81
65%
72
a-0
66 %
65 %
66%
50
M-N
10'A
10
10 VB
2
TO
J-J
61 'A
60'/a
61%
323
60 Va
May
34
32%
34
413
31
100'A 100%
M-N
m-fl
j-d
M-P
7
8 Va
48
7%
8
3%
3%
J-J
61%
61%
1
60%
107% v 106%
107%
Va
65
99
32
32
#
■
13'%
32
8
8
105
31%
107%
36
31%
12'%
13'%
17
74
77
95%
2
93%
96%
103% 103'A
10
103%
104%
77
95%
95%
F-A
10
i—
10
32
9%
12
107% 109
,
6
106%
109
10
53'%
A-0
Q-rf
Q-J
q-f
4
98
m-n
j-j
10
95 Va
f-a
US
7%
3
35%
100'A
6
f-a
J-J
6
12'A
67%
98
j-j
j-j
3 Va
98 Va
100
98
98
A-0
a-0
Jan 1 2047
62
'
m-n
48.1996
1974
1974
1997
"4
53 Va
2
101%
11
110
1
*103
us
127% 123
110
127%
US
49
56%
127
128'%
109%
HO
128
101
101%
52
99
102
97'%
64'%
97'%
1
96'%
98
63'%
64 Va
33
61%
67'A
2
60%
63%
2047
2047
2047
2047
q-a
62'%
J-J
89'%
90%
43
87'A
91%
92%
94
19
92
97'%
93
93%
8
92%
US
100% 100%
29
99%
101%
1970
1st
95'A
97%
1st mtge
96%
96%
3s
trust 4'/as
Power Co—
mtge 2%s__
2%s
1st mtge 2%s
J-J
93
J-J
100%
97
Northern States
101%
102%
(Minn)
101%
101%
102
(Wise)
101 Va
69%
a-0
62'%
Coll
HO
67'%
a-0
1997
gen
ref 4V2s
30
...
110% 110%
*105
Central
fit
85 VB
63
127
Northern Pacific Railway—
34
30%
38%
84%
.
64%
2014
Inc.:
27
35
37%
conv
28%
31
*29
mtge 5s
Norfolk fit Western Ry 1st gold
196
32
30
3'As ser E
\ 62
28%
*26
30%
mtge
AGen
91
.
63 Va
-
85%
63%
83
85
„
.
4s
95
87
84'%
78'%
63%
-1954
June 1992
1950
N Y Power fit Light 1st mtge 2%s_1970
N Y fit Putnam 1st cons gtd 48—1993
N Y State Elec it Gas 2%s
1977
N Y Steam Corp 1st 3%«
1903
IN Y Susquehanna fit Western RR—
Ref
86
82,
82
*81
f-a
IAN Y Ont fit West ref 4s
§ 1st
84
84'%
95
1954
1940
1957
—
4s
87%
80 Va
79
VB
82
31
lAHarlem River fit Port Chester—
1st
81
83
82
—
88 'A
murn-fM
mtge conv Inc 4'%s ser
AGen
22
47
83
83
■■■:
0
RR-
4s
mtge
103
88
B
IN Y New Haven fit Harford RR—
§ACollateral
103
100 Va
8
—
series
A Debenture
102% 103
88
Mtge 4s series B
Y Lack fit West 4s series A
4%s
102'%
a-o
3%s
tm — -»——
101
«<
—
gold 4s
Mtge 4s series A
N
102%
100
*102% 107'%
f-l
3%s
1997
registered
1997
Lake Shore coll gold 3%s
—1998
3 VaS registered
1998
Mich Cent coll gold 3%s
1998
3'%s registered
1998
New York Chicago fit St Louis—
Ref mtge 3'As ser E
-1980
1st mtge 3s ser F
—1980
N Y Connecting RR 27As ser B—1970
N Y fit Harlem gold
101'A
101
90
'100
a-o
3%s
1st
117%
100
102% 102%
j-j
General mtge
Dock
105'%
115 Va
.
fit
Y
104
117'A
*—
J
j-j
1950
series A
4s
104
100 Va 101
1998
2013
2013
deposit
impt 4'/as series A
ttex
06
Ref fit niipv 5s series C
—
impt
N Y Central & Hudson River
Ref
——
j-j
1950
of
;
m-8
Certificates
Certificates
*
*
102%
117 'A
117%
'
YorK Central RR
York uenwtu jn.iv Co
;W
New
97%
97
10
104
104
f-a
of deposit
A 1st 4VaS series D
ACertlficates of deposit—
A 1st 5V2S series A
A
97 %
101%
——<_
C
A 1st 5s series
.
deposit
of
104%
tl
m-N
1954
series B
1st, 5s
99%
102%
i>
j-d
Nor 5s A—
1983
New Orleans fit Northeastern RR—
Ref fit Imp 4 %s series A
1902
New Orleans Term 1st gtd 4s
1953
(New Orleans Texas fit Mexico Ry—
97'%
4
97
j-d
New Orleans Great
24
99'A
m-N
f-a
99%
103'% 103%
j-d
A-0
85'%
84%
86'%
*85
a-o
Light 33——1974
Power fit
*
.
j-d
1982
1986
-
RR gtd 1st 4s
Junction
J
'
;.
f-a
1986
3s ser B_._
2%s debs.1970
National Steel Corp 1st mtge 3s__196B
National Supply 2%s debs—1
1067
ANftUgatuck RR 1st gold 4s
1954
Newark Consol Gas cons 5s
1948
New England Tel fit Tel 5s A
1952
1st gtd 4%s series B
1961
Gen
27%
M-N
—2003
2003
——
51
19
1962
lien
1
87'
*83
F-A
2003
gold 4s
96
-I
53
100 Va 100%
56%
22
'
-
'
.—1974
A
*45%
RR—
Missouri-Kansas Texas
N Y Telephone 2%s ser D
96%
96
87
registered
stamped
96%
*87
stamped modified
2003
Lehigh Valley Terminal Ry ext 5S-1951
Lexington fit Eastern Ry 1st 5s
1960
Liggett fit Myers Tobacco 5s
1951
Little Miami gen 4s series A
196?
4s
96
86 Va
*95 Va .'".'J''
F-A
modified
4-0
A-0
92"
SATerminal
1974
ref
88%
82%
10
87%
x
91
A-0
F-A
gtd 5s
106'%
96
50%
68%
§A2d
F-A
5s
Guaranteed
86
Dm
F-A
registered
stamped
1%
"
——1964
stamped modified
4s
101
1
6
86%
5s———-1964
fund 5s
m-8
90
AGeneral
94
86 %
Lehigh Valley Ry Co NY 4%s ext-1900
Lehigh Valley RR—
■ -
4VaS
97'A
176
11
J-D
1954
stamped
84%
104%
47
*
5s
-
Leh Val Harbor Term
4s
99%
45
■
fund
stamped
1st fit
170
1%
1%
112 Vs
97%
98
*100% 100 Va
—1954
1st
5s
112 %
J-D
1970
Co—
97 Va
Co—
A
fund
45
1997
1970
fit .Navigation
112
97
*168% 172
1 %
100'A
44
1997
—-
mtge income reg
22
72
inc ser A
.
—
*93
J-J
110%
100%
97
97
J-J
1997
Toll
105 Va 105%
105%
100
80
16
91%
103
75%
*__
J-J
1901
fit
—
97%
1
97%
*111%
J-J
196J
unguaranteed
A 1st
56
96%
-1961
-
-
100%
99 Va
V
83%
53
99%
98%
102%
97%
J-J
Kings County El L St P 6s
Koppers Co 1st mtge 3s
Lehigh
8
1
99% 100%
100
A-0
St Indiana Term 4%s
99%
99%
A-0
97
94%
—
102% 102%
J-D
A-0
Kentucky
100%
—
—
81 Va
70%
N
a-0
1975
ser
81%
lf-8
1940
1967
100%
*93%
J-J
91%
A
56 %
J-J
July 1952
B
series
US
m-N
52
100%
85%
90
*86
J-J
5s
1951
1952
1970
1st mtge 3%s_1969
1969
71 %
82 Va
77 Va
' 98%
77
1956
series
99%
100%
100'A
91%
88
^International
6s
31
99% a 100'A
99%
J-D
95
Co—
O
ser
98
5
J-J
J-J
101
101
.
■
Indianapolis
96 'A
98
—
1990
N
82V4
J-D
__1963
1st ref mtge 4s ser D
Illinois Terminal Ry 4s ser A
Indiana 111 fit Iowa 1st gold 4s
94%
98
99%
Jan 1971
Jan 1991
mtge
hCeilillcates
C
71
86
4s inc ser A
4V2S
mtge
AGen
104'/a
1
■
*100
83'A
~3
97%
99%
*102
105%
77
97
*100 Va
w-4
102%
58
*98
F-A
103 Va
98%
__
*97 Va
J-J
1951
98
80%
97.%
-
103'A
14
100 Va 100 Va
97%
99%
98 Va
*100'/8
J-J
1951
:
99%
2
76
99%
a-o
•
.
98
84%
•
85%
*23
m-N
3%s
Midland of N J 1st ext 5s
1st
jL fit N O—
1st ref 5s series A
3s
mtge
85%
67
97
3
>
100
99
5
97%
97%
22
104 Va 104%
J-J
Registered
4 VaS
95
40
105
79 Va
79%
F-A
1951
4s
109%
C^Tral—
1st mtge
101
95 Va
J-D
1951
3V2S
96'/a
109%
*110'/a 118
Mo Kansas fit Texas 1st 4s
■
99% 101
99% 100 %
M-N
1951
Chic St
*—
B
ser
National Dairy Products
M-N
1955
1950
gold
16
\
—
*101 Va
__
J-J
1953
gold 3s
97
MS
1952
_r
1st
68
J-D
87
92%
,
N
1951
.
gold 3s
1st
100
67
.1954
97%
84
'
103
J-J
1966
Lines
ref
105 Va
5C/4
w
Springfield Div
fit
7104%
28
goid 4s
6t Louis Div fit Term
1st
v' 2
99
J-J
Joint
91 Va
.,
23%
J-J
and
96
88
C
61
1951
Cent
94%.
4
24
21%
Louisville Div fit Term gold 3VaS_1953
%
85%
89
M-N
60
Bridge gold 4s_
Lltchfibld Div 1st gold 3s
111
95%
89%
J-D
._1955
1st
109
*-d
11
94%
Minn fit Paul fit Sault Ste Marie—
A
1951
5s
Div
4s
con
Lans fit Sag
A 1st
22%
Cairo
Western
95%
124
61
40-year 4%s
Gold
94%
119%
1951
Purchased lines 3'As
Collateral trust gold
Omaha
95%
125
95 Va
A-0
4s
Refunding
*124
■
F-A
4s
Refunding
M-N
1960
gold 3%s
Ref & inipt 4%s series C—
94%
.1957
2%s series A
trust
1972
Metropolitan Edison' 1st mtge 2%s_1974
Metrop Wat Sew fit Drain 5%s
1950
71%
Feb 1957
gold 3VaS
Collateral
*94'/a
J-J
J-J
1962
A
Extended 1st gold 3VaS
1st gold 3s sterling
M-N
86
*96%
97%
68%
-
Illinois Central RR—
1st
-1056
85 Va
*93
.95
A 1st fit
M-S
.1949
5s
Telep
MS
9
A 1st fit
41-N
.1999
2%s
5s
-1980
96%
*98
>
*8%
97%
1969
1st
107 Va
A-0
96
J-D
93%
*57
A-0
mtge 2%b__ 1970
5s
105 Va
9.6%
J-J
A
74
10
71 Va
Gas 1st gold 5s
income
Illinois
f
s
6
.2003
Minnesota Mining fit Mfg 2%s
82%
__
75%
J -J
Jan
Corp
107% 107 Va
a-o
1972
91
J-J
Valley Ry 1st 4'/as
Household
102'A
US
2%s debs
Michigan Cons Gas
1st mtge 2 %s
97
7
.
92
July 2015
25/aS
1st
101
1966
H
Water
5
M-N
M-N
AGeneral
Hackensack
110'A
101% 101%
.I960
RR 4%s ser A
1st
110
96
High
109
Manati Sugar 4s sink fund—Feb 11957
A Manila RR (Southern
Lines) 4s—1959
112
113%
Low
4
.2003
F
2%s ser G
Central
Prior
B
M
83%
29
90'A
Feb
D
ser
1st
81%
1975
series
inc
98%
*85
1959
A
M
series
January 1
No.
110
Mead
103
5
Feb
ser
3%s
a-o
Range Since
Sold
High
110
.1963
St Louis Div 2d gold 3s
Atl Knox fit Cine Div 4s
120 Va
1961
series B
3%s
8
111
RR—
mtge inc 5s
103
116
90 'A
B
Ohio
103 Va
4
2010
Greyhound Corp 3s debs
Gulf
ref
M
Bonds
M
62%
102 Va
—
96
1982
R—
ser
ctfs
ref
lul
113
West deb ctfs A
Debentures
fit
f-a
104
118'% 120 Vb
2000
•
Q
ser
9S%
1990
O
mtge 2%s
18
83%
'110%
1976
3 VaS ser N
mtge 3Vas
Gen
M-N
1973
Gen
1st
96%
50 Va
Range
Friday's
or
Bid & Asked
.1951
Louisville Gas fit Elec 3%s_
Louisville fit Nashville RR—
loO
'
21
__
82%
1952
C
Gen
Gen
*102%
M-S
2%s_1965
General 4Vas series D
Gen
J-D
1969
Goodrich
80 Va
102
__
102 % 102 %
Realty fit Utilities Corp—
conv
$7
57
Sale Price
May Dept Stores 2%s debs
5s
cons
82
1st fit
103 3/e 103*8
*100% 101
M-N
93
80
"I
Last
Period
(P) Co deb 5s
3s debentures
68%
96%
55%
Interest
Exchange
Low
81
80
MS
Francisco Sugar coll trust 6s
Gas fit Elec of
103*8
Stock
High
64
*98
r-D
York
Lorillard
45
Week's
Friday
100
MS
deposit
Low
82
80
M-N
1959
27
10
BONDS
New
93
*95
M-S
No.
94
*81 Va
J-J
_1974
(1279)
RECORD
MARCH
January 1
64%
*93
MS
1961
1st 4Vas
v.Alst fit ref'ss series A_—
64
J-J
2000
Firestone Tire fit Rub 3s deb
64 »/2
A -O
1953
-.1971
cons
IFiorida East Coast
J-J
CHRONICLE
Range Since
Sold
High
Erie Railroad Co—
mtge
BOND
WEEK ENDED
Bonds
'
Bid & Asked
Low
Gen
FOR
FINANCIAL
Week's Range
Last
Period
&
'
THE COMMERCIAL
(1280)
YORK
NEW
RANGE
Int®Tt*
Period
.<
Last
FOR
FINANCIAL
BOND
WEEK ENDED
or
-
Bale Price
High
Low
No.
New
Stock
/-J
Ohio Bdlson 1st mtge 3s
1st mtge 2%«
1974
VHP
1979
A-O
Oklahoma Qas ft Electric 2%s
197B
F-A
*__
98
93%
95%
RR 3s ser A_1860
A-O
104
104
103%
104%
99%
10
11
95
10
11
98%
5
99% 100%
93%
95
Union
.1971
2%s debe_
Oil
12 %
101
ft ref 3s
1st k ref 3s
1st h ret 3s
1st
*
ref
series
series
9
97%
J-D
40
91%
A-O
3s
debentures
1987
*107% 108%
—
—1977
M-m
95
94%
95
76
92%
196#
M-n
89%
89%
90%
96
87%
107%
Gold
M-n
87%
87%
88
45
92%
1981
84%
100%
101%
San Fr Term
89%
1986
J-J
1996
J-J
99%
101%
lst
mtge 2%s ser G
1961
J-J
94 %
32
100
15
;■
100
95%
95 u a
2
97%
97%
98%
.16
92%
92 %
92%
95%
—
J-D
—
102
J
97
98%
36
91%
94%
2
94%
Southern
J-D
A-O
95%
;
101
101
96%
2
*103
.
m-b
1980
101
Southern
100%
102%
102%
—
1993
47%
M-M
45
47%
125
101%
*81
83
80
76%
76%
78%
94%
90
91%
112
112%
9
92%
99
106% 106%
112
24
105
10
108%
A-O
1956
A-O
106%
1956
Memphis Div lst gold 8s
Div lst gold 4S
J-J
1956
6%s series A
A-O
109%
109% 109%
92
91%
*103%
J-J
1996
1951
f-
105%
94%
103 Va
103%
*45%-
'47
__
A-O
A-O
99%
47%
98%
—
99%
62
98%
*98% 100
5
94%
F-A
Sunray Oil Corp 2%s debs,
1966
J-J
Bwift
1971
J-J
Ref <fe imp M 4s ser C
2016
J-J
Ref &
1986
A-O
1966
M-M
k
Co 2%s
debs
100%
37
101% 101%
93
' 94%
1971
*96
98
106
93%
92%
55
Apt
deb 2%s
94%
107%
111%
103%
29
M-n
(N J)
116%
91%
102%
95
*
Standard Oil
106%
112
103%
*103% 104%
J-J
A-O
of Calif 2%s debs—1966
83
76%
*91%-
1994
Southwestern Bell Tel 2%s debs—,1986
47%
96
50
52
102
94%
99%
97
98
98
97%
98%
114%
116%
100
100
97%
99%
100 3\
10011
100 s7a
1003s2
101%
112
113%
loo/,
28
113%
*9
101
100% 101 %
93
99%
106%
106
28
104%
110%
*
4%s
F-A
A
D__
series
A-O
E
95%
F.
32
106%
95
95%
19
94
95
95
95%
10
94
99%
J-J
A-O
ser
100
113
J-D
99%
99%
85
97%
81
10
j-ir
81
A-O
*60%
Apr 1990
Apr
*17%
1974
F-A
103
1980
M-m
80
*99% 100 %
Ry 5%s
Ry 3%s ser D
General 5s
series
B
F-A
4%s series C
Philadelphia Co coll
Philadelphia Electric
tr
63 '
59%
20
18%
103
103
99
-1971
M-Jf
-1974
M-F
-1981
lst
of
I
s
J-J
SfflSL*!Swtottm
1964
ser
8%
100% 100%
13
100%
*95%
J-D
Jf-E
95%
*104%
*104
H1963
F-A
94%
101%
Term RR of
__
110% 110%
1970
1975
1975
*,Fest vlrSinia
?***
series A
1st mtge
4%s series B
1st mtge
89%
25
125
.95%
New Orl
3%s
1974
J-D
1960
J-J
94
89
90%
121%
124
'
95%
16
100
100
;
71%
5
72%
94%
98%
48%
A-O
M-m
'
98%
M-m
83
61%
98%
Corp 2%a debs—1961
99%
95
95%
99
*102
-
_
*97
98%
H O CO
-
100%
71%
42 %
6
f
49 %
'. 46
99
18
140
_
Jan 1960
J-D
108%
U
Union
Electric
lst
mtge
Union
Oil
2%s
of
Pacific
2%s
95%
k
Co
of
Mo
coll
tr
2%S—
3%a
3s
J-D
102
102
110%
—
—-i.
6
98 Va
5
,
107
96
-
101
103%
.
102% 103%
59
98%
99
10
99%
108%
98%
99%
1978
F-A
99%
99%
27
1991
M-B
91
90%
91
36
1968
A-O
*96%
93
96%
99%
87%
M-N
*91
U S Rubber
1976
2%s debs
91%
debentures
1967
—_
Universal Pictures 3%» debt—
4-0
1959
•91%
O
M-S
91
96
56%
91
91
*105
98%
91
92%
97%
——
97%
90
97
109
5
111
109
—
102%
RR—
2%s series C
mtge
J-J
'
debentures
Ref
A-O
1967
deb
M-n
1978
1970
Calif
1971
.
debentures
Union
101
110%
1950
103
104
29
103%
108
103
103
103%
54
103%
108
A-O
85
M-E
85%
1958
27
84%
*102%
J-J
103
*103
103%
102
J-D
*101
J-D
79 %
102
A-O
79%
*75%
A-O
102%
1
79%
86
79%
87%
103%
103%
101%
1
—
2
102
101
101%
79%
1950
196©
C
Vandalla RR
103
A-O
Ry
101%
79%
*
*
f;;4s series A—_——1948
gen 5S ser|es B
1st
gen
J-D
*100
F-A
*117
J-D
102
Va Iron Coal
lst
100%
1
i983
4s
J-D
*118%
F-A
J-J
*102
m-n
1956
M-m
,1968
97%
97%
97%
97%
mtge inc 4%s ser B
Jan 1991
100
105
2
97%
99
10
96%
99%
74
79%
<
Apr.
Ward
Baking Co—
(subordinated)
5%s debs
75%
10
j-j
8%
100
1972
M-M
5s
2037
J-J
*141
8s__,...
2037
J-D
90
11
90
76
11
75%
78%
94%
33
90%
94%
97%
97%
94%
97 Va
85
87
M-N
87
A-O
1970
F-A
1950
J-D
mtge 3%s
210
105%
103%
145
Western
210
210
107
103
142%
210
Western Pacific
West
Penn
18
85
90%
9
103
105%
49%
2
49%
*
100
4%s inc A
Jan
106%
101
108
109
4
105%
16
106%
106 % 107
J-J
108%
108% 109
1952
lst 4s
J-D
1966
3%s series I_
A-O
2014
99
98 Va 100%
May
0
54
47%
100
5
103% 109
1967
Power
Maryland
6
,
105'A
105
F-A
Washington Terminal 2%s ser
Westchester Ltg 5s stpd gtd
Gen
3
75%
931/4
M-N
1970
A
76
Apr
Apr
mtge 3%s ser B
1971
Walker <Hiram) G k W 2%s debs.1966
Walworth Co conv debentures 3%s_1976
Warren RR lst ref gtd gold 3%s_,2000
10
»
105% 105%
*103% 104
mtge 3s
97%
Jf-lf
*106%
c_l957
Public service El &
Gas 3%s~
97%
1995
ser
98%
99 %
104%
W
105%
4s——
A-O
B
94%
*104% 109
lst
105
;
97%
*101
Jan 1981
Gen
100
Terminal
*96%
M-8
JiJ
mtge 4s lnc ser A
117
105% 105%
®°rtgage 3s
Jf-S
2003
1958
Virginian Ry 3s
100
100 % 100 %
tAPr°V!Cnce Securities
-^Providence
*100% 110
gtd 5s
5s
cons
116
J-J
1977
F-A
M-n
1975
Coke lst gold 5S—1949
&
Va & Southwest lst
100
*
J-J
_
.,1935
-1957
88
1966
mortgage 3%s
4s series
g
series B
88
Ken 4%s series dIIZZIZIZ
1977
^Pittston Co 5%s inc deb——III 1964
otomac El Pwr lst
mtge 3%s
cons
4s
Gen
1974
.If'
f
s
Wabash RR Co—
i962"
—.
C
Cons
Virginia Electric k Power Co—
lst & ref mtge 2%s ser E
88
81%
79%
Ashtabula Ry—
1st
mtge
J-J
Tol k Ohio Cent ref k Impt 3%a_l960
Trenton Gas k Elec 1st gold 5a—194#
13
11%
J-D
'
J-D
mtge 4%s series B._
t' ref mt*e
92%
89
*122
98%
100
'
*
99%
104%
'
*94
J-D
1966
Ave Ry 1st ref 4s
AAdj income 5s
2%s
102
—
97%
103%
Pacific—
Third
110
110% 110%
1934
M 3%s ser E
''.'I
A-O
A-O
United Biscuit 2%s debs__
*101
ioak
series
10%
6
*102
Che.^ lst mtge 3 ^^1988
Consolidation Coal—
5s
4
8%
F-A
r
&
98
F-A
debentures
Youngstown
97
10%
100%
3
41
•
99%
8%
J-D
19!?
E
series
97%
1953
mtge 5s series A
Gen mtge 5s
series B
4%s
98%
10
97%
2
98
Louis RR~
oen
J"**® 3%s
30
1949
Gout |td 4s series F
Cons gtd 4s series
G„
Cons gtd 4s series
Cons gtd
4%s series I__
Cons gtd 4%s
series J
St
93%
97%
10%
Louis Ry—
gtd 3%s series E
&
93%
98
10%
r-1
1998
Erie 2%8
geld Be
Pacific-Missouri
98
107%
10
8%
2%s debs
1976
1996
2000
3%s ser C
lst
,104% 104%
106%
%
98
*96%
deposit
StSE* £f*mer & L
^
C Chicago & St
Cons
105
105%
27
97%
J-D
-1837
4s
103%
93%
k ref
Texas
106
100%
M
Pacific
k
Gen
84
23
k ref
Texas
114% 114%
104%
98
„
k ref M 3%s ser B_.
lst
99%
-
Trl-Continental
106% 107
J-D
-1987
Ry
»Knfrert^,cat<a
107
-1st
100
61%
Imp 2%s series D_
Texas Corp 3s deb
Texas k New Orleans RR—
99%
A
121%
*106
—
J-/
1st k ref 244s
1st k ref 244s
tlAPhllippin,
*112
J-J
4%s___
Co—
1st k ref 2%s
l«t * ref 244s
Terminal RR Assn of Bt Lewis—
103%
dollar—
Phila Bait k Wash
RR Co—
ref
gold fie
cons
4s series A
St Louis
102%
35%
*102% 104
J-O
1975
:
ASpokane Internet 1st gold 4%s—2019
A-O
iogg
fund
Marquette
&
1st
gen
.Devel & gen
'
__
Ry
&
Standard Oil
ctfs
* Pekin Union
1st
100
Co—
RR
2%s ser S
Devel & gen 6s series A
__
*102%
Pacific
•
Devel
1989
ATnmms 4s
J2 t Tel
13
96 %
J-D
1980
P*4ria * Eastern 4s
ext
a£
101% 101%
101%
J-D
mtg3%s aerA-1978
96%
RR—
Gen mtge 444s
Otmv dob 344s
iGen mtge 344s
♦
lst
8
Cn—
General 444s series
General Be series B
General 444s series
1st
(Oregon .Lines) A.
4%s
100% 100%
J-D
lnc debs
£eo» elating
Pitts
4%s
mtge
lMg
4s steri
stamped
i5
94%
107%
—
16
>'
101 % 102
Oomoi geld 4s
1st
82%
101
Co—
mtge 2%s series F
debentures
L
79%
1st
1?■ "J'Ev3*
f
?
80
lst
Pennsylvania Glass Sand 3%s
1990
Pennsylvania Power k Light Co—
J%s
96
79%
J-J
101 %
102
J-J
WttsbtSh*
Vf/
95%
101%
Pennsylvania-Central Airlines—\
,
91 %
95%
99%
Pkfueah
^
93
*95%
34
A HI lit s f gold 4%s
1953
raterson k Passaic G k E
cons Ss.1949
Pme
:
101% 101%
A-O
Pennsylvania
Pacific
.1994
Ry 2%i
98%
*92%
100% 100%
1887
3»
124
100% 100%
J-J
101 Va 101%
debs
trust
99%
94%
124
F-A
1988
debentures
—'
debentures
t%» debentures
series E
*121
J-J
197#
debentures
100%
sms
4s
30
99%
93%
J-D
Q
Gtd
94%
29
93%
J-D
..
eonv
High
92 %
9
99%
J-D
ft ref 3s
series N
1st k ref 2%s series
P__
1st k ref 3%s series
l%s
Januaryl
Low
49
Gold 4%s
«
J-D
1st
Pennsylvania
Range Since
93%
L_
Paclfte Tel * Tel 2%s
30
No.
99%
K_,
series
93%
29%
F-A
M__
series
3s
93%
93%
A-O
Sold
High
J-J
2%s
lst
J__
Bonds
Southern Bell Tel k Tel Co—
95%
Southern
1st
Friday's
or
Bid & Asked
.1961
Socony-Vacuum Oil 2%s.
South & Nor Ala RR gtd 8e_
Southern Indiana
J-D
Sale Price
.1976
2%s
Paetfie Oas * Electric Co—
1st A ref 3%s series I
Last
Period
t5ASilesian-Am Corp coll tr 78— .1941
.1961
Skelly Oil 2%s debs
10
Week's Range
Interest
Exchange
Low
Shell
1MB
Oregon-Washington
York
High
tOgdeasbug k Lake Champlain By—
4s
19
BONDS
Range Since
January 1
Sold
O
guaranteed
RECORD
MARCH
Friday
Bonds
Friday's
Bid & Asked
Low
Alet
Monday, March 22, 1943
CHRONICLE
Week's Range
Friday
BONDS
New York Stock Exchange
&
100
107
]
109
97
100%
99%
84
100
Western Union Telegraph Co—
*»k«r Oats 2%i
deb.
.1984
»-J
S8%
98%
98%
98%
99%
Funding & real estate 4%s
25-year gold 5s
30-year 5s
West
R
5Hw*°0|i?*r
»<*hesttr Gas
£*n mtgt
Gan
k Brass 3%s
k
Can
.
.1
.
Elec
48
Saguenay
2d gold
8t L
ot
8t
J-J
7%
7%
1941
7%
J-J
7%
7%
S
85%
102%
Louis-Southwestern
1st 4s bond
107%
*104%
107%
104
„
105
9
7%
8%
.14
7%
96%
79%
A-O
79%
*95
1997
A__Jan
J-J
80%
80
2022
May
54%
53%
lnc bond ctfs
Gen k ref
gold 5s series A
1989
Nov
104
1989
J-J
1990
J-J
cons gold 4s_l§69
3%s B
guaranteed—
2%s
3%s
1971
,
1969
» mt«» *» «>r A
1998
AQen mtge 4%s ser A
Jan 2016
Be*grMn (Jos E) k Sons 2%s
1988
M-F
J-J
81
113
80
84%
252
51%
55%
53
98%
J-J
J-D
64
84
96 %
98%
1
80%
99%
101%
97%
98%
series
ser
M-S
D
2361
*98%
M-S
M-S
1949
A
100% 100%
M-N
1992
63%
99 %
62%
64
119
60%
62
41
103
1
103
J-D
1970
M-S
1987
*95
J-J
>95
99%
95
96
64
59
57 %
103
62
103%
lst mortgage 3s
Winston-Salem -S B lst is
IWisconsin
Centred
IA lst general
A
Wisconsin
Public
A-O
1960
J-J
1941
102%
J-J
96%
93%
96%
95 Va
-
94
96
of
deposit.
Service
3%s
102% 103
103%
111% 111%
101%
*110
Ry
4s
Certificates
193#
65%
d64
74%
708
33%
31
33%
66
J-J
1938
J-D
1971
73
95%
95%
J-J
10
105%
34%
30
93
96
103
96
19%
30
*30
1976
75%
64
71
M-N
104
Yonkers Elec Lt k Power 2%s
94
1978
J-J
*92%
92%
94%
92%
84%
233
89%
98%
102
100 % 100%
62
64
*92%
10
102
104
101
<
de iv;ry s*1® not Included
1
25
127
98%
nnnnriNS,anrilhLHmpalrpd
pound unit of bonds. Accrued
101
the
61%
68%
92%
94
In
the year's range,
i^ther^1rTr;n|eUnfSt*™p„1n.Sale
101
*127
100%
90%
J-J
79%
54%
103% 104
*101
80%
2361
Wilson & Co
SStalluSLl'
A-O
mtge
88%
76
99%
99%
J-D
V ft H I 1st
gtd 4s
Seaboard Air Line RR Co—
M
72
89
98%
84%
84
98%
98
S9%
>75
J-J
Ry—
certificates
2
AtDuluth lst
mi^ul Union Depot
®cloto
96%
J-J
stpd„I.
4s
ref
95%
86%
.1971
4s
Wheeling Steel 3%s series C
9%
Ry Co—
ser
k
94
88%
__
96%
8s
1st mtge 4s series
A
A2nd mtge inc
4%s
Gen
lst
—
lst
|ASu & Du div & term 1st 4s
A Certificates of
deposit
Wisconsin Electric PoweT 2%g
gold 5s—
Rocky Mt & p 5s
Louis-San Francisco
2d
IMP
194*
102%
*106
M-M
83%
Power 3s series A
* Adir 1st
•~f
*105%
MS
1969
stamped
MA
1987
29
Shore
95%
J-J
-1951
Registered
Wheeling k Lake Erie RR 4s
M-f
1967
stpd
4%s
85%
102 %
1277
H
,
RR
85
*—
Corp—
series
»tge 3%s series I
mtge 3%s acnes J_
-•»» jt«» series
21 ARutland
85
-198#
4%a series D
mtge 344s
Own
D. -im
ser
98%
M-S
1960
debentures
M-N
1951
Westinghouse El k Mfg 2% I
2%s
k ref 3%s
1930
BHnXaontcev Act°
S? L
®aturityinterest
at
represented
the
exchange
^ ban^ruPtcy. receivership,
'Zr securities assumed
Attends sellingHflat
tThe price
payable
d Ex-interest
^ 'nClUded
by such companies.
^ U° S&leS faeing transac'ed
e
Odd-lot
is
the
rate
of
dollar
sale
not
^
yMr'S
quotation per 200-
$4.8484.
or reorganized
under Section 77
during current week.
of
!
THE COMMERCIAL
Number 4683
167
Volume
&
FINANCIAL. CHRONICLE
NEWJTORK CURB
WEEKLY
NOTICE—Cash and deferred delivery sales
in
disregarded in the
No account is taken
are
footnote in the week in which they occur.
a
following extensive list
In the
furnish
we
a
week's
of
AND
unies*
ranee
such
tn™
EXCHANGE
YEARLY
RECORD
...
incomput^
sales
complete record of the
°f th® Week' and when selllng outslde the
transnrtiW
wr
™
March 13, and ending the current Friday, March 19. It is compiled from dai
whether stock or bond, in which any dealings have occurred
during the CU rrent
xr
,
lvrennrt^lff
"
.
Friday
fAireon Mfg Corp common
"HI
-_10
1
Allied Internat
Products
2%
4,700
12%
500
7%
600
6%
1%
American Cities
534
3
Co.—
6
:
1,000
5%
2%
3 Va
1,700
.2%
Jan
6%
3t)0
6%
Feb
1
1 %
1%
1%
83
preferred
preferred
Rubber Co
Hard
Products
American
Meter
American
Potash
111%
1%
96
17
Jan
155
Feb
180
Jan
Co
109%
class
A
1%
150
350
29
I.700
31%
32%
14%
Feb
16
Jan
3
Feb
200
1,000
31%
31%
32'4
2OV4
2,000
4
Superpower Corp com
:10c
Writing Paper
Angerman
Co
Inc
Oil
Amer
23
51
36
x30
Feb
36 Va
3
Feb
% Mar
7/a
Arkansas Natural Gas
Feb
48
Jan
5
7%
700
7%
Feb
9
200
8%
Feb
Jan
'
3%
97
6
200
17%
Amer
Castle
Feb
American dep ,rcts
of
4
5st
14,600
4 %
'Feb
2,200
10%
Jan
(B
6%
F)
&
Sons
Ayrshire
Corp
Jan
Jan
~~2% "3%
4% pfd
&
South West Corp
1%
Jan
Feb
8%
Jan
4
...
Corp
54%
Jan
Feb
5%
Jan
800
24%
Feb
Jan
Cities
5 Va
300
4%
Jan
6%
Feb
City
7%
900
63A
Feb
7%
Jan
City & Suburban Homes—
10 % Mar
15 Va
Jan
Clark
24%
25%
Jan
Clarostat Mfg
Jan
Claude
15%
600
.
30
Feb
17%
Feb
Service
Auto
preferred
..
30
Baldwin Rubber Co common
Banco de los Andes—
American
Barium
Barlow
Beau-Brumgiel
(A S)
common
-
Inc
Jan
"4%
~4%
8,000
3
16%
16 %
16%
100
5%
5%
600
5% Jan
10%
10%
150
10% Mar
1
_1
common
Ties
1
common
Shoe Corp
Bell -Tel
of
Canada'
Convertible
100
+
"3
128
1
4
% Mar
■
14
11
5%
17%
•
Mfg
common
Gas Light Co
Oil Co
z
Co
common
Class A
——
13%
1
10
6
Jan
13% Jan
ext
Vtc
to
8%
74% Mar
Jan
»
80%
Jan
16'A
Feb.
19
Jan
Feb
85% Jan
9% Jan
17
Jan
Jan
3% Mar
136
preferred
4%
series
Jan
Consolidated
10%
Jan
Consolidated
Jan
19%
Jan
Consolidated
Jan
33
Jan
Consolidated
18
Jan
Continental
Jan
8%
Paint
Jan
17%
Feb
9%
Jan
14
3,400
10
1,700
115% Mar
1,000
43
125
Jan
Brewing Co
Feb
73
Jan
Feb
16%
Jan
Feb
14
Mar
4%
4,500
13%
•3% Feb
7% Feb
Jan
4% Mar
8%
Jan
13
Jan
25%
Jan
54% Mar
70
Jan
15% Mar
18
Jan
21
125
21
54%
58
650
16%
650
Jan
Mar
700
5%
Jan
6% Mar
500
5%
Jan
6% Mar
%
Feb
1
1
1
105"'
6 %
6
1,200
510
101% 112
33
35%
'
Jan
Jan
Feb
31%
Feb
38%
11% Mar
12%
Jan
9%
Jan
600 1
9 Va
Feb
150
15%
15
lVe
115
99
14%
Feb
16
Jan
Jan
1%
1%
1%
1,600
1%
Feb
2%
Jan
1%
1
1 %
11,200
1%
Feb
2
Jan
Va
10%
Jan
300
7
% Mar
1,200
24
Jan
6
7%
Feb
7% Jan
8%
31
28
31
Mar
31
8%
8%
200
7%
Feb
9 Va
Jan
3%
7;
Va
4,700
3%
Feb
5%
Jan
7%
7%
4,000
6%
Jan
7%
Jan
6%
6%
6%
1,900
6 Va
Feb
7%
Feb
4
3
%
4 Va
4,300
3%
Feb
4%
Jan
33 %
37%
4,300
1.900
29 Va
Feb
4 %
Feb
"4
1
37%
4 Va
4%
4
4'A
a3a
>6
warrants—
25%
-
<fc Reynolds
preferred class
Jan
11
Jan
$1
15%
Jan
Cosden
Feb
10
Mar
Feb
23
Jan
8% Feb
14% Mar
16
10 % Mar
Feb
7
65%
•
100
,
25 Va
25%
1,400
<•'
300
37 Va Mar
Jan
5
tV Jan
•
ia
Jan
Jan
28
25 % Mar
common
1
*
-1
-*
J
5%
—
Petroleum common
convertible
preferred
.—-1
50
Jan
111
Jan
80
103
Jan
101% 101%.
8%
72%
2%
31%'
-
100 %
Feb
Va
1,700
8 Va
Jan
9%
Jan
75%
2,350
72 %
Feb
80 Va
Jan
2% Mar
3%
8
1,000
2.000
29%
Feb
32Va
Jan
3,400
10
Feb
14 Va
Jan
12%
12%
11%
2%
2%
900
2 Va
12%
11%
12%
1,700
11 Va
32
32 %
200
10%
2%
9%
American
Croft
dep
Jan
13%
Jan
600
2%
8%
receipts
(ord reg)—£1
°
Co
1
2%
Feb
Va
1,300
10%
500
3,600
Jan
Jan
11
Va
Feb
%
Jan
Feb
%
10
3
Jan
40
Jan
1,700
11%
Jan
4 % Mar
Jan
3%
4%
13%
4%
"5%
13%
100
13 Va
Jan
5%
5%
3,700
4%
Feb
6
Jan
Mar
51
Jan
46%
47
225
46
4%
Petroleum.
Brewing
2%
Feb
2%
Courtaulds Ltd—
Creole
Feb
Mar
32
10.%
Vcf
10
Jan
2%
32%
'
5®
A
70
107% Mar
8%
~2%
Jan
63 Va Mar
70
75%
1
7%
Feb
1,100
109%
101 %
2%
6%
7%
65%
109
32%
950
6%
65%
109 %
100
C
Corroon
27%
Feb
8 %
Va
5%
-J
+—
Jan
Jan
10
13% Mar
5
Coro Inc
26
22
»
Jan
54
15%
—25
Copper Range Co
Cornucopia Gold Mines
O
17
130
3%
,
54%
4
20
Car-Na-Var Corp.
Machine Co
& Varnish Co.—
8% Mai33% Mar
—
Feb
58
12%
1
Continental Fdy &
Feb
17%
<M
13
9%
1
Mining & Smelt Ltd-.—-5
Royalty Oil
—10
Steel Corp common
•
Textile Co
10c
400
.
Feb
100
21
Consolidated Gas^Utilities
400
—
4%
•
series B preferred
4% %
16% Mar
:
8%
25,500
12
J
Cooper
10%
Mar
14
9%
1956—.
Cook
;
Jan
Feb
«6
500
Shoe Machinery—•
Compo
Jan
8%
10
7%
35
Jan
10% Mar
25
1
& Southern
Jan
13%
•
•
Commonwealth
8% Mar
•
•
12% Mar
Feb
5 % Mar
*
Commodore Hotel Inc
7%
''
Jan
12%
1
Manufacturing Co.
3%
26%
26
6%
55
58
Colorado Fuel & Iron warrants
Colt's
Feb
J
•
•
.
6% Mar
—
—
Mar
13
J
Colonial Sand & Stone Co.—
2 34
75
—100
26%
"9%
15%
ordinary
8%
8%
.25
Development
Colonial Airlines
17%
17'A
8 %
4
50
100
11%
:
Mfg—
3,900
3
23A
Jan
Jan
Jan
1%
125% Mar
200
~6%
6%
*
:
17
Jan
7%
3
Jan
84
75
17%. 17 Va
11%
.
Community Public Service
6
5%
,.r
400
y
16%
16%
1
.
Bridgeport
Bridgeport
16%
Co
Inc.
Jan
Jan
—
1
preferred
440
125 Va 128
common
Borne, Scrymser Co
Bourjois Inc
Brazilian Traction Light & Power
Corp
2,600
8%
Jan
53
110%
1,900
14,400
Products Co
33
3
common..
Feb
Mar
Jan
14% Mar
300
3%
•
Blumenthal (S) & Co common
Bohack (H C) Co common
1st
53A
14%
2%
•
preferred
Blue Ridge
Corp
Blum (Philip) &
15
100
5%
8%
6%
35%
Co..
Inc common
Neon
19
8%
6%
10
Consol G E L P Bait common
14%
5%
1
Bickford's Inc common.—
1
Birdsboro Steel Fdry & Mach Co com-*
Blauner's
__
1
common
Benrus Watch Co Inc
Benson & Hedges common
Brilio
Mar-ft
1%
v
Aircraft
Breeze
9
10%
(L) & Co
Bellanca
7%
300
Seelig Mfg—
Basic Refractories
Beck
9%
36
Jan
34
I
Corp
$1.20 convertible A
Bauman
150
36
9
—
Feb
Feb
Jan
900
-5
Controller Co
Colon
54% Mar
Feb
45
1,800
shares
Steel
&
1
5%
h
Cockshutt Plow Co common
35
%
75
—100
1
100
5
100
Stamping
Club Alum
54
5
6%
—10
common
Clayton & Lambert
50%
Jan
31
1
SChilds Co preferred—
26%
52
100
iy
7%
~5%
1
Mining
Consolidated
Chief
Mar
3%
7
54
Jan
9%
4% Mar
7,200
common—
Cllnchfield Coal Corp common...
•
1%
42 %
Jan
6
49
10
49%
Feb
Mar
8%
Jan
2% Mar
1,400
5
Babcock & Wilcox Co
Baldwin Locomotive—
Jan
35
100
4%
preferred—100
5,000
163A
Jan
10
1%
1,400
10
—
Steel Products
4'/a
53
16%
10%
Mar
9%
—1
preferred
5
•—
1%
35%
4%
10
Cherry-Burrell common—..
*
Chesebroitgh Mfg common—.
10
Chicago Rivet & Mach——.——4
Chicago & Southern Air Lines
*
Voting trust.ctfs
*
Jan
Feb
200
25
3
8%
3A
6 %
.
•
com
Feb
8
108%
7%
Jan
113
7% Mar
3,100
%
7%
35
9
—-—*
.......
Charis
—
xl4% Mar
..~2s 6d
ord
Jan
•
new
1%
35
•
—1
15%
—
Jan
19% Mar
9
100
4%
Feb
1
Feb
Jan
xl4% Mar
49%
12%
Inc
50
700
2,900
26%
19%
5
14%
1
Jan
3%
18
300
14
-
Collieries
19%
9
14%
-
2 % Mar
9 O:
1
26
2,300
V-
Jan
4
2%
8*
Feb
13%
52
2%
Jan
7%
Feb
Feb
common
preferred
2%
2%
Feb
12%
10%
4%
6% Mar
6%
Feb
1,000
_
2,300
12%
11%
6%
10%
,
Feb
112
"3%
7
3%
10%
1
6%
2% Mar
Feb
11%
Automatic Voting Machine
Avery
pfd
Co
& Co.;
(A M)
Central
Jan
50
100
7
"—.—•
1
Inc
Light $5
Biscuit
dep rets B
3.50%
Jan
6%
7%
*5% Jan
2,300
2.50
ICentral States Elec 6%
5%
warrants
Atlas Plywood
Corp
Automatic Steel Products
&
Power
Jan
Feb
7%
Feb
4%
2%
Jan
Feb
7%
3%
4%
8
common
Central Power & Light
Jan
4%
--
Jan
*
:
10%
4%
•
12%
•
Co—.
103%
700
£l
Feb
2% Mht
3%
2.50
America
Jan
12%
2%
'
.
1
Jan
*
Associated Tel & Tel class A
Atlantic Coast Fisheries.
Atlantic Coast Line Co
Atlas Corp
4%
preferred
—1°0
Conv pfd cpt div ser„———100
Conv pfd opt c"iv ser 1929
100
Century Electric Co common
10
Cessna
Aircraft Co common
—1
Chamberlin Co of America
—2.50
reg
Laundries
3%
*100
100
Feb
2,400
10
4,400
•
Jan
5%
474
2%
12%
•
8%
4%
10%
41 Jan
%
Ltd—
3%
5
5%
Feb
10,700
Alcohol-
98%
4%
10%
Jan
13% Mar
*
200
102%-
4%
♦
18
Mar
"n
•
Corp of America
Central Maine Power Co—
Jan
5%
10
Jan
Mar
2o
Cartej (J W) Co common..
Jan
1
non-voting
11%
16
•
Casco Products common—
Associated Electric Industries—
Associated
Ltd
1,700
a
10% Marr
2%
5
& Kennedy
Central Ohio
3%
49% Jan
17% Mar
Carreras Ltd—
Jan
5%
9%
Feb
12%
2%
.1
voting
Carr-Consol
Jan
17%
102
Jan
43%
Jan
13
1
non-voting
&
Carolina
Jan
4%
•
common
6%
preferred
Arkansas Power & Light $7 pfd
Aro Equipment Corp
Ashland Oil & Refining Co
Co
Industries
Carnation .Co
Jan
42%
Feb
1
Feb
9%
1
preferred
Baxter
Carman
Jan
600
7%
23%
Feb
Jan
4%
COO
6%
100
2,300
-£l
preferred
Carey
Jan
25
18% Mar
,
II,500 '
%
7y8
1
__;
Manufacturing Co
Appalachian Elec Pwr 4%% pfd
Argus Inc__
pfd
Catalin
7%
17
50o
common
Capital City Products
Jan
Feb
£1
Apex-Elec
A
B
7%
Jan
4%
7%
16%
25c
Insurance
Industrial
Class
Jan
1
reg
Angostura-Wupperman
A
1,000
45
4%
16%
12 %c
preference
Class
Ltd—
dep rets orcl
Common class
44'4
4%
2
common
Co
4
%
45
5
common
Products
Anglo-Iranian
%
.
% %
Canadian
Jan
31
300
19
4
3%
17% Feb
38% Mar
45
32'4
>
700
Canadian Marconi—
900
*
Bread
Canadian
Jan
38% x40 %
2%
Jan
'•
17% Mar
11
"%
Tungsten Corp.
Convertible
Jan
31% Mar
15%
16,200
5
43%
300
39
200
10%
Canadian Canners Ltd
Jan
20
preferred
Feb
Jan
20%
47
1
dep rets 5%
Fire
6
Jan
20%
Jan
7
...
■:
11%
Canada Cement Co Ltd common
Jan
17%
20'/a
900
2% Jan
20% Jan
-16 %
700
7%
Feb
Jan
& Wireless—
Jan
18%
3%
31%
2%
;40
32%
2
$6 series preferred
111%
Feb
Feb
10
American Thread 5%
Jan
Feb
15%
21
2.50
Co
common
Canada
Jan
Mar
3%
31%
(P H)
Callite
Jan
Feb
16
15 %
7%
45
*
Calamba Sugar Estate.
California Electric Power
Jan
18%
Jan
30
3'/a
•
7
35%
33
15%
15 %
7%
•
Biscuit Corp
Cables
Jan
Feb
16
1
20%
21
\
5
..
Cable Electric Products
Jan
Jan
90
16% Mar
31
31%
♦
Chem
&
Ring
American
2%
2%
Mar
5% Mar
29
2
Republics
Post
'
1% Mar
83
41
25
A
Co
2%
Jan
13% Jan
12% Feb
Jan
13
325
16%
Feb
Jan
25
Feb
300
34%
11% Mar
600
18%
Jan
1% Mar
125
1%
34%
*15%
common
1
Corp Amer dep rets
Butler
'
Seal-Kap common
Anchor
61%
Feb
150
1%
20
25
common
American Mfg Co common
American Maracaibo Co
American
Feb
Mar
11,900
34%
25
Metal
34
200
2%
Jan
92%
1
preferred
Amer
Jan
22
2,900
17%
111
25
Mach
Laundry
American Light & Trac
American
Burma
Piston
Camden
5%
32%
34
111
l
convertible
American
Jan
50
40
171/a
10
100
:
—
Ltd—.
6%
20
300
85
5%
•
Co
Mills
Burd
Mar
2,800
1%
1%
83
(EL)
Jan
9
1%
Bruce
3%
17% Mar
'
11%
2%
Jan
22
1
1
common
Bunker Hill & Sullivan
800
11%
2%
1
Rubber Co
93 % Mar
600
11
2
Forman Distillers
Buckeye Pipe Line
94%
200
Class B
85% Mar
93%
11%
High
15% Mar
20
Brown
Feb
6,300
200
11%
11%
■
Brown
Jan
52%
167% 173
—10
reg
79
50%
173
dep rets ord
87
300
Low
15%
British Columbia Power class A_.
Burry
18%
Range Since January 1
High
15%
Celanese Ltd—
50
93 %
f
British
Jaii
Jan
6%
Low
£1
37/e "Jail
Feb
Shares
£1
125
?
52%
General Corp common—10c
American
dep rets ord bearer
Bruck
84%'
for Week
American Tobacco—
dep rets ord reg
Jan
Sales
Range
of Prices
—•
Amer
"l% "jan
Jan
Co
Amer
7%
Jan
93»/a
171,4
British
Power & Light—
convertible
6%
%
2
6%
100
preferred
American
2,000
Week's
Last
Sale Price
Exchange
Jan
14
•
American Gas & Electric...
$2.50
12,800
5%
3Va
British-American Oil
Jan
3%
Feb
84%
.J5
Fork & Hoe common
American
%
3%
Curb
Par
Jan
2% Mar
37%
6% Mar
1
York
Mar
6%
Jan
911/2
5%
$2
35
1% Mar
.3
—
2%
50
100
1
1
1
American Beverage common—
American
xl
1%
-10
American Book Co
4%%
1%
New
Amer
—
-50c
common—
Car
5%
Jan
-10
—
Investing Corp
(Mich) common
i.td
3%
4% Mar
.
Inc
Bantam
American
1,500
21/4
714
of America common
$3.75 cumulative ^preferred—
10o
Aluminum Goods Mffc
Aluminum Industries common—__
American
5%
31%
STOCKS—
l
High
Mar
3% Mar
10
xll%
Co
Aluminium
35
2
Co common———
Altorfer Bros
Aluminum
400
4%
2%
1
Alles & Fisher common
Allied
2,300
2
Electric Appliance,..
Southern——
Power 4.20% pfd
Airlines
2%
•
"Is
Alabama Great
Alaska
Low
4%
35
514
1
convertible preferred
Alabama
35
Friday
Range Since January
High
3%
4%
.
security
•
Shares
Low
Saturday,
1!)
for Week
2
ACF-Brill Motors warrants—
Acme Aluminum Alloys
Acme Wire Co common
Adam Hat Stores Inc
Aero Supply Mfg capital stock—
Agnew Surpass Shoe Stores
Ainsworth Mfg common
Air Associates Inc (N J)
Air Investors common—
Convertible preferred—«
Air-Way
Sales
Range
of Prices
Par
60c
Week's
Last
Curb Exchange
on
Exchange itself, and is intended to include every
year
range for week ended march
Sale Price
STOCKS—
York
New
range are shown
Exchange for the week beginning
S
up
"gular. weekly
r,
^
39
40%
7,300
1
1%
3.500
Feb
37 %
Feb
1
Feb
*
14 Va
4 74
Feb
Jan
•
30
&
THE COMMERCIAL
(1282)
RANGE
Curb
York
New
Petrol
Shares
Low
6ft
Crosley Motors Inc
Crowley Mliner Ac Co
19
5%
6ft
1,500
5%
7%
Feb
Range
for Week
Sale Price
of Prices
Shares
5%
1,000
Curb
Exchange
Gobel
Feb
7
7ft
Jan
15%
Jan
•
Class B.
Drug Co commonCrystal Oil Refining common—
$6 preferred
Cuban
—5
Atlantic
5%
Sugar
27 ft
27 ft
10
2%
27 ft Mar
17%
~7.ft
•
~7%
5
Jan
Goodman Mfg Co.
Jan
Gorham Inc
33
'
,
14
-1
19ft
Jan
Gorham
Jan
Graham-Paige Motors $5
Mfg
common
150
Grand
Feb
16 ft
Jan
Gray Mfg Co
Great Atlantic Ac Pacific Tea—
Non-voting
common
Davidson
Detroit
I
Steel
Detroit
7ft
Jan
10 ft
Amer dep
Feb
223/4
300
9
Mar
11%
Jan
Hall
2ft
500
2ft Mar
23/4
20
20 ft
400
18% Feb
233/a
Jan
12%
12%
100
12ft
Jan
13 ft
Jan
5ft
53/8
53/4
2,000
5 3/a
Feb
6ft
Jan
Harvard
2ft
—1
Jan
Dominion Bridge
Steel Ac Coal
Dominion Tar Ac Chem
B
Co
Dominion Textile Co Ltd
200
2%
1,300
21%
25
Ltd
12'/a
21%
12%
Hazeltlne
14%
12 ft
Jan
Hearn
3ft
Jan
Hecla
Feb
Feb
21% Mar
11 ft
2,800
21% Mar
14%
~9 ft
•
Feb
Corp
Driver
Harris
Duke
Power
150
9%
Feb
•
65
Mar
73 ft
Jan
36
-10
Co
Jan
37
Feb
76
ft Mar
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
8
Durham Hosiery class B common
Duro Test Corp common
12 ft
12 %
Jan
8
Rubinstein
Texas
Feb
14
500
preferred w w
preferred w w
6%
prior
preferred
Eastern
Malleable
Feb
14%
Jan
Hormel
(Geo
$6
preferred series
Com
$5
76
85
Jan
79'ft
Jan
58
"2ft
300
57
B
shares of beneficial
int_
58
10%
...
Mar
10%
Jan
Common
Feb
65ft
Jan
Feb
61ft
Jan
9ft
10 ft
138
Corp
_1
-10
preferred
-50
2'A
16%
44
43
1,000
400
19
19
.15 ft.
100
,42
•
Empire District Electric 5%
Empire Millwork Corp
Smsco
Derrick
Equity
Corp
Ac
Eureka
20
8
500
12
200
lft
lft
~7 ft
1%
2%
5,000
preferred™
Corp Ltd
Pipe Line
Jan
Feb
23ft Mar
Feb
Feb
:
i.
2%
Jan
^19
Mar
;45ft Jan
>
92
6%
Jan
98
Feb
2&
465
•
12,300
common
Feb
8ft
Jan
Feb
12ft
Jan
lft
Feb
1%
Jan
Feb
44ft
Jan
6%
Feb
8 ft
Jan
3%
stock
Jan
1% Mar
28
Jan
BreVlng
Fansteel
Fire
5ft
HZHi
Metallurgical
Association
123/4
•
(Phila)
4%
5ft
16 ft
16 y4
16%
12 ft
10c
60,000
•.
500
lift
123/4
4,100
47 ft
48 ft
120
2ft
2ft
1,000
~2ft
1
Fishman
Motor
Co
JE1
4%
conv
2
Jan
Jan
12% Mar
5'/a Mar
16ft Mar
14
50
2%
37
Jan
Mar
Feb
Jan
Feb
17
Feb
18
1,200
1
lft
16%
Jan
Jan
lft
7,400
8ft
200
lift
13 ft
950
lift Mar
7ft
7ft
200
7 ft Mar
8
.1.25
preferred
A)
4% Mar
5%
12
25
100
7%
9ft
7%
400
8ft
_1
-•
.
25
-50
Co
18ft
Feb
19 ft
Feb
Oft
600
1
Feb
2
Co
Corp common
Gatineau Power Co common.
13 ft
preferred.
Mfg Co common
Alloys Co
General Builders Supply
Corp.
5% conv preferred
Electric
Co
_
7ft
Feb
8%
Jan
25
7ft
Mar
19
•
13%
"7
1%
4
-21
V4
24 ft
£1
l
8%
6%
10
General Flreproofing common.
General Outdoor Adv 6% pfd.
General Phoenix Corp
6%
8
30%
29,200
600
30
9ft
Jan
12ft
Jan
~3%
15
Plywood Corp
1
Public Service $6 preferred
Shareholdings Corp com
1
preferred
•
Zinc Co
Jqn
97 ft
Feb
50
6ft
100
6 ft
300
52ft
Feb
55%
Jan
7%
Feb
9ft
Jan
55,
10ft
91/4
•
.
8J/4
1,100
3ft
300
y
.
96
Feb
Jan
7
3
Mar
4
Jan
24
42
Feb
27
Feb
41%
30
32
200
36 ft
37
Feb
44ft
Jan
Feb
31ft Mar
148
Jan
35ft
Jan
68%
70
108
Jan
32ft
3,800
Jan
Feb
x37
Mar
100
3
x65
Feb
78ft
J°n
100
3
Mar
4ft
Jan
11%
300
9%
Jan
12%
Jan
41ft
Feb
44
Jan
4%
Jan
5
Jan
G %
11
—
900
5%
Feb
7%
Jan
Mar
42ft
Jan
Feb
2%
Jan
35 ft
33
2ft
5
2%
33,
125
2ft
400
.
16%;
16%
—
27
27%
50
113/4
100
Jan
16
Feb
25
3,500
25ft
Jan
28 ft Mar
300
28%
52%
Feb
56
11%
y
•
£1
ft
55 ft
10 ft
v
*
common.;
•
5-
.
5
.12%
11 %
12%
lift
12%
9%
ie%
:
5ft
Feb
lift Mar,
]7 ft
Jan
13%
Jan
Jan
10%
Jan
10% Mar
700
9
Feb
13%
5
11,700
123/8
16%
lift Mar
200
*
Mar
56
10 ft Mar
1,000
*
9ft
1,900
Jan
•
£1
Indianapolis Pwr Ac Light 4%
11
International
Cigar
International
11
S—
95
95
95%
pfd__100
Insurance Co of North America
9 5 3/4
96 ft
100
: V:o
Jan
Mar
60
90 ft
Feb
95
500
92%
Feb
97ft
Jan
13ft
•
10
Feb
15
Feb
Hydro-Electric—
Machine
*
S
50
Industries
Metal
Petroleum
A
Mar
51
*
23%
~9%
10 ft
shs__•
coupon
10%
78,800
700
58ft
Jan
Jan
23%
Jan
13
Jan
12%
Jan
9ft Mar
•
shares
Registered
International
•
Products
Interstate
Investors
.9%
10
International Safety Razor B
International Utilities common
.
9ft
.
93/4
13%
14 ft
It
——
.
1%
11,000
1
.•
9ft
9ft
93/4
8ft
7ft
8ft
Jan
17
Mar
2ft
Jan
9ft Mar
11%
Jan
7ft
500
Feb
it
600
•
Royalty
9ft Mar
13 ft
300.
9
Power $7 preferred
Feb
8ft
Jan
1
lft
1%
1%
1,300
lft
Feb
1%
Jan
Mfg voting trust ctfs—•
Air Chute
1
17 ft
17%
17 ft
1,300
16ft
Jan
18ft
Jan
6ft
5%
6ft
2,400
4%
Jan
%
%
1,300
5ft
Iron Fireman
Italian Superpower A
•
%
Jeannette Glass
1
6%
1
6ft Mar
"
Jefferson
Co
common.
Lake Sulphur Co
Stores common
Brown
Mar
1
Jan.
Feb
86
•
Kalser-Prazer Corp
Kansas Gas Ac Electric 1%
Kawneer Co
1
9%
Jan
1% Mar
2%
Jan
3ft
Feb
4%
te b
24 ft
100
23%
Jan
25
30 ft
63/4
8
30%
100
1,200
50
200
"3 ft
~3%
500
14 ft
15
400
"2%
~3
500
87 ft
90
150
Jan
7%
27
Jan
Feb
Jan
3ft Mar
8%
Feb
8
Jan
8ft Mar
35ft
Jan
100ft
Jan
5%
87 ft
2%
2ft
16 ft
3
18 ft
13,900
13ft
Feb
18ft
Feb
9%
Jan
4%
Feb
6
Jan
700
4ft
Feb
5%
4%
100
4%
Feb
5
22
-
Mar
Jan
Jan
25%
Jan
K
9 5ft
8%
93/4
123% Mar
37,900
100
125
Jan
Feb
lift Mar
pfd.
14
Jar.
8ft
—
Feb
•
5
5
•
--
'
16
•
(Walter) Ac Co
Kimberly-Clark Corp—
4ft %
preferred
16%
400
15ft
Feb
15ft
—■
16 ft.Mar
8
—
Mar
9ft
Jan
9
w;\
Jan
10 ft
Feb
100
99ft Mar
103
Kings County Lighting 7%
5%
pfd B
100
45 ft
Feb
53
Jan
37 ft
Jan
40
Jan
14ft
Jan
41/4
Jan
Jan
preferred D
100
King Seeley Corp
Kingston Products
Kirby Petroleum-
1
1
14ft
Xl ft
1
»
(IB) Rubber Co
3ft
3%
1,000
12% Mar
3ft Mar
16,618
•
14ft
lft
,
Xlft
14
.6,800
1
99ft
3,200
12 ft Mar
14
.
'.
21
6%
6%
3%
14
..
14
Jan
Jan
14
Jan
14 ft
21
Mar
23ft
400
6%
Feb!
14
100
Mar
Feb
Feb
jlf Jan
13%
25
.
Xl4%
>
—
1
200
14 ft
21
6%
17%
Jan
8ft
Jan
17ft
Jan
16
Jan
Jan
Feb
1
Mar
1 ft Mar
*
1
Krueger Brewing Co
13 ft
.14
10
Knott Corp common
Kobacker Stores
12%
1
1
Kirkland Lake G M Co Ltd
Klein (D Em 11) Co common
Kleinert
13ft;
Jan
Feb
Jan
2%
87 ft Mar
Jan
96 ft
Feb
2ft Mar
117
Jan
Jan
Laclede-Christy Company
Feb
5
Jan
Lane Wells Co
Jan
Langerdorf
16
Jan
18ft
Feb
53 ft Mar
11
Feb
12
21ft
Feb
25%
Jan
2,200
18%
Jan
21%
Jan
Bakeries
9%
_i
7ft
9%
-III
class
Class B
10ft
2,300
9% Mar
11%
Feb
6%
7ft
1,100
6ft
Jan
8ft
Jan
1*'a
•
5
common
United
5
111
r
300
7 ft
Feb
8ft
Jan
..
21ft
22 ft
900
•
—
'
23ft
23ft
25
19 ft
19%
600
'
20ft
Jan
23
Jan
27ft
—
A~~*
Jan
900
:
Ltd
Lakey Foundry Ac Machine—:
Lamson Corp of Delaware
110ft
52 ft
550
•
6
600
Jan
95
m.
Jan
28
22
Feb
24
Jan
Jan
18%
Feb
21
•
72.50
Corp
Coal
•
Glenmore Distilleries class B.
1
Globe-Union
B
Inc__
Feb
6% Mar
110ft
-
see
8ft
1,700
5ft
Jan
Mar
700
83/4
•
*
Julian Ac Kokenge Co
6ft
5ft
6
A
—<*
4%
4%
1
Preference
Lake Shore Mines
Co
footnotes
7
114
Gladding McBean Ac Co
For
13% Mar
600
•
Giant Yellowknlfe Gold Mines.
Gilbert (AC) common
Alden
Feb
4ft
Georgia Power $6 preferred.
$5 preferred
Gleaner Harvester
9
98
1
General
Glen
lift
150
100
31%
Feb
Feb
1%
.100
General
Preferred
lift, Jan
Feb
Feb
Jan
Jan
Ltd—
preferred series A
Gilchrist
Feb
Mar
10
103/4
7%
7% Mar
8ft Mar
84
__Ii
rets ord reg
convertible
10%
"7
i
General Finance Corp common
$6
lift
Mar
8
96 ft
1
Kennedy's Inc
Key Go common™-
.100
Gellman
General
Feb
"5%
•
General
5%
11% Mar
10
—
Kldde
Amer dep
Feb
100
105 ft
common—♦
•
Ac Ireland
Jan
1
Garrett
General
10
10 ft
Jan
V
5%
300
70
Imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
Jim
Stores
(Geo
Jan
18ft
(Peter) Brewing
4ft%
900
voting
Franklin Simon & Co Inc.
Fuller
Feb
46
Jan
J
Fort Pitt Brewing Co
Franklin
5
17 ft
reg.
Ford Motor of France—
Amer dep rets bearer
Fox
Jan
Jan
10%
16 ft
Ford Motor of Canada—
Class A non-voting.
B
3ft
15
Jan
16ft
Ltd—
Amer dep rets ord
Class
13% Mar
Jan
5,400
36 ft
convertible preferred
5%
Illinois
Irving
(M H) Co—
5c to $1 Stores
Ford
9ft
34
10
First York Corp common
$2 dlv cum preferred-
5,000
Jan
I
•
11%
8
140
Preferred $3.50 series
12%
Feb
Feb
8%
42
warrants
International
1
7ft
11%
3
International
Falrchild Camera Ac Inst Co
Falrchild Engine Ac Airplane
Falstaff
new com
Jan
x93/8
32
Illinois Power Co common.
Jan
28 ft
11
Jan
2%
6%
700
—
*
Huyler's common—
1st
preferred—
Hydro-Electric Securities.
Hygrade Pood Products
5% Mar
41ft
lft
Inc
Eureka
97
7ft
12
"7 ft
convertible
Esquire
97
pfd
Equipment
common
14%
53 ft
53 ft
Jan
146
Feb
2 ft Mar
■u
3,500
44
•
3ft
Feb
Jan
3%
Feb
96
Jan
11 ft
Feb
Jan
56%
1%
Jan
lift
Feb
9ft
126
6,400
23 ft
2ft
19
9,940
Feb
8 "ft
34,100
5%
22
—1
Elliott Co common
23 ft
1,400
10%
145
4%
5%
Inc
10
9%
138
12
54ft
10% Mar
50
Feb
2% Mar
100
Jan
53%
125
100
500
lft
10
5
common
Mfg Co.
Refrigerator
$2.25 preferred
57
200
51ft
10
Ac Share commonElectric Power Ac Light 2d
pfd A
Option warrants
Electromaster
10%
*1%
X9%
—
Ac Co common
3 Va
Feb
2ft Mar
300
51
Electric Bond
A)
Hussman
100
51
1,300
_7 ft
Hurd Lock Ac
65 ft Mar
65
10
2%
10ft'
Humble Oil Ac Refining.
350
400
Sugar Associates—
Electrographlc
7,
78
57
Easy Washing Machine B
$3
Jan
68
"2ft
51ft
8
(Harvey) Inc—
76%
64 ft
Jan
Jan
10%
11ft
—1
preferred
65 ft
pfd shares of beneficial int
5 %
4%
Feb
Jan
5%
38ft
—
Ac Hardart
-I
Corp
preferred series A
Eastern
3ft
9ft
Feb
Hardart Baking Co
1,200
Feb
Mar
133/4
Inc—
Hubbell
Iron
$7
7ft
5%
'.'•y1.
Horder's
77
Eastern States
Jan
Jan
30
Hoiophane Co common.
Jan
66 ft
preferred
200
150
"7%
Holly Stores Inc.
Jan
4ft
E
4ft %
104
—
3
Feb
5%
3%
9%
100
Hollinger Consolidated G M
Horn
3%
Jan
44ft Jan
w.
12%
33A
100
Feb
■■
6ft
2
3%
Sulphur
East Gas Ac Fuel Assn common
60
.
.__100
Horn Ac
Duval
Mar
8%
'
*
Henry Holt Ac Co common—
Hoe
(R) Ac Co class A
Jan
12
150
4ft
4
-Jan
140
%
150
1%;
25c
5ft %
Jan
74 ft Mar
Co.
65 ft
10ff
8
2 3/4
Class A
Jan
4%
65
103
Jan
36 ft Mar
*
2%
*
5
Corp—
Dept Stores common
Heller Co common
65 ft
Jan
Feb
34
51ft
51ft
25
1
Mining Co.
Helena
•
common
Jan
9
91
53%
5%
333/4
Brewing Co
1
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc
1
Feb
2%
100
lift
Co Ltd
Dominion
9ft
2%
A.
Lamp
•9ft Mar
14%
9ft
—1
Corp class
Jan
7ft
135
——
--
—
7%
Hartford Rayon common
9ft
18ft
H
Jan
9 ft
Jll
common
Credit
Draper
*
Gypsum Lime Ac Alabastine
12%
9
—1
-If
rets ord reg.
Co
100
pfd
Jan
18
1,900
19
Jan
Jan
Feb
30
104
102
104
Jan
9%
65
,7 ft Mar
v
GOO
8%
8%
56
Feb
Mar
100
'•
38
% Jan
<
Feb
1,600
93/4
18
19
Mar
,
Jan
6
Ltd
Co
Dobeckmun
Feb
300
.500
Products!
Raynolds class B
Diana Stores Corp common
Domestic
9ft
9ft
ft
6
Gulf States Utilities $4.40
•
Ac
&
Distillers
34
6
—
Co
Hamilton Bridge Co Ltd
Hammermill Paper.
Hartford Electric Light
—•
Manufacturing.
Detroit Gjray Iron Foundry
Devoe
Jan
34ft Mar
7ft
35%
1,900
993/4100 ft
.100
common
Gasket
34 ft
.500
debenture
8%
Feb
50
6%
6ft
35
Dayton Rubber Co class A
Dejay Stores common
Dennlson Mfg class A common.
Derby Oil Co
37 ft
6ft Mar
34
1
Brothers Inc
8
Jan
Jan
91
>■
6 ft. Mar
100
6ft
36ft
-25
Stores Products common—25c
Grocery
Jan
900
-2.80
Davenport Hosiery Mills
12 ft
135ft 136
.100
1%
D
300
7 ft
;
stock.
1st preferred.
Great Northern Paper
.
6ft
•
6ft
1
Jan
Jan
r
13 ft
0
Rapids Varnish
9ft
9 ft
14
13 ft
50
A'1
13ft
pfd—25
Feb
4%
50
6ft
conv
7ft Mar
50
250
54
4*.*
.
28ft
Feb
is Mar
*
10
Jan
Feb
u
i
Jan
50%
22ft
6,500
:•
"
3%
Feb
51ft
A
*
1
High
Jan
85
—
■
'
-
.50
104 ft
200
'
1°6
class A
16% Mar
4,000
5
14
2.B0
»
Lighting Inc common
Mfg Co (Mo)
:
Jan
prior preferred
Goldfield Consolidated Mines
$4.50
101% Mar1
16%
173/a
100
preferred
Curtis
27 ft
200
'
3%
1% Mar
_io
Cuban Tobacco common
Curtis
3,000
13 ft Mar
Mar
3
15
3
-25c
Crown
700
3ft
13 ft
A_
23
23
23
•
.
International
Cork
Crown
2ft
42
class a__
Godchaux Sugars
Jan
Feb
(Adolf) Inc common.
January
Low
500
2%
2ft
2%
1
Range Since
High
Low
Par
Jan
5ft
100
5ft
5ft
Last
High
Low
6%
York
New
Range Since January l
Sales
Week's
Friday
STOCKS—
High
6ft
5ft
(Md)
MARCH
for Week
of Prices
Sale Price
Par.
Crown Cent
Range
Last
Exchange
WEEK ENDED
FOR
Sales
Week's
Friday
CTAPKS—
EXCHANGE
CURB
YORK
NEW
Monday, March 22, 1948
FINANCIAL CHRONICLE
page
33.
Lanston
22 ft
22
22 ft
19%
19 ft
20
15%
14%
15%
900
14%
Feb
21%
Jan
13 ft
Feb
14%
Jan
Monotype Machine
Ext Jniversity
Lefcourt Realty common
Leonard Oil Development
La Salle
Le Tourneau
(R Q>
Inc
-5
"
19%
-5
6
„1
.25
-1
Feb
9ft Mar
1
18%
1
15%
lft
19
2,800
3,800
6ft
10
Feb
lft
15 ft Mar
19%
1
Jan
Jan
Jan
Jan
Jan
"
Number 4683
107
Volume
v
.
-
THE COMMERCIAL. &
v..
NEW
YORK
RANGE
.
'•'■STOCKS
New
York Curb
Week's-:
■
:;&>«. Sale Pric«
Par
Material Co
Line
Lionel Corp
Lipton (Thos
Lit
J) Inc 6% preferred
B—
•
Friday
Low
Star Gas Corp common
Longines-Wlttnauer Watch Co
Long Island Lighting Co—
Common ctfs of dep
7% preferred A ctfs of dep..
6% preferred B ctfs of dep.
Louisiana Land 6c Exploration
Louisiana Power & Light $6 pfd.
Lynch Corp
18
151/8 Mar
18 >/4
18 3/4
18
21Va
1,600
Mar
267/a Mar
Jan
30
73/4 Mar,.»
Feb../.,.
r.8Ya
Feb
22
183/4
19%
7Va
73/a
\>
%
46%
16
21.200
50
45
17
17
,
-
15%
,15%
153/4
Jan
8'/a
Jan
% Mar
1
60
Mar
B
class
International
Communication
Co
Marion
■
55l/4
Harris
•16
Feb
Feb
112
Jan
Pacific Can Co common
15
400
Feb
18
Jan
Pacific Gas & Elec 6%
13%
133/8
13%
400
53/4
18%
.
23
25
•
100
Light 5% pfd
Feb
23
Feb
37%
f
Feb
Parker
Feb
Pen
V9%
~9%
1
•
Patchogue Plymouth Mills
13%
13%
200
Feb
2%
Feb
83/4
1,00Q
13%
Feb
10%
Corp
McCord
1
_
__10
Jan
Peninsular Telephone oommon
Jan
Pennroad Corp common
—
1
~6%' "e%
-
1%
28%
38
150
37'/8 Mar
40
Feb
Memphis Natural Gas common.—-.—5
Mfg Co
1
7%
Iron Co—
t
Middle West
c
$2
1%
7%
"l%
7%
7%
5%
Feb
"
Feb
7%
7%
6%
7
1,200
20%
Jan
9
6%
7
Feb
6% Mar
Jan
233/4
Jan
5% Feb
4,800
.Feb
7%
Jan
8%
9
25
24
25
150
233/4 Mar
26y8
21%
19%
22%
775
l9'/2
Feb
223/4
3%
Jan
Jan
50c
Co
10
common
Refineries
Co
334
150
2
2
1,100
7%
/■
4%
Feb
20
P
&
L
5%
Loan
*
pfd
Missouri Public Service
Molybdenum Corp
Monogram Pictures
Moody
14
common
7
200
2 3/4
Mar
Ward
5
Mar
25
96
Mar
Mar
27
*
*6%
7%
3
7%
2,400
3%
3
1,100
Producers
171
172
*
35
/>...
35
3!/2
3%
170
Jan
10
%
Iff
Power
States
Tel
13%
15
500
33/8
Murray Ohio Mfg Co
Muskegon Piston Ring
Muskogee Co common
12%
3,200
common
—
30
31
150
263/4
Jan
—'
98%
98%
140
98
"
Feb
28%
28
28%
400
25%
15
30%
Feb,
Feb
21%
Jan
80
Feb
99
Jan
42 %
Mar
45
Jan
Jan
24
50
2.50
11%
11%
11%
12
12
12
10
.'
500
i
2%
400
2>/8
Jan
50
102%
Feb
600
4%
Feb
57/«
Jan
Mar
54%
Jan
Jan
5%
Jan
'
40
5%
41%
4%
39
1,250
4%/
4%
100
11V2
50%
50%
52%
1,100
3%
4ye
1,600
r
$5
Bellas
Hess
1
common
5
2%
9%
73/a
7a/s
24%
...
v
8%
Jan
10%
Feb
9%
Jan
Jan
2%
Feb
28%
Jan
22
600
2%
2,500
3%
•2%
3%
11%
11%
1,000
"2%
11,400
HVe
603/4
9%
9%
Feb
: Mar
5 Va
National Pressure Cooker
613/4
Jan
9%
1,000
8%
Jan
10%
Jan
4%
5%
com
5% Mai-
4
National Rubber Machinery
National Steel Car Ltd
*
National Transit
37
cumulative
prior preferred
•
Pyle-National Co common
Manufacturing
-10
Jan
13%
12%
Jan
Jan
15%
Jan
,-4% Mar
Raytheon Manufacturing
A
common
34
Feb
113,4
2,700
Feb
Feb
12%
Jan
Reliance Electric 6c
Jan
Rice Stix Dry
12%
200
13
Mar
700
16
Feb
600
14
Feb
7% Mar
10
Mar
100
1,200
Engineering
Goods
Jan
Richmond Radiator
17%
Feb
Rio Grande Valley Gas
10
Jan
(Texas Corp) v t c
11%
10%
15 %
200
4%
1,000
3%
Feb
4%
Feb
Roeser
2,300.
2y8 Mar
3'%
Jan
Jan
2%
2%
2%
Feb
15%
Mar
15
Rochester Gas & Elec 4%
Amer
Rome
&
pfd F
dep rets for ord reg
Cable
Corp
common
Rotary Electric Steel Co
83%
4%
1
61
12 y8
100
Jan
64 'A
Jan
Russeks Fifth Ave common
Feb
8%
Jan
Ryan Aeronautical
Feb
1%
Jan
77
Jan
10%
200
82
10
29
29
14
14
Feb
29
100
-14
•
-
15
1
100
96 y4
5%
2d
preferred
100
Jan
8%
Jan
%
M
% Mar
8%
8%
600
8% Jan
5,300
9Ve Mar
H
7
Nlles-Bement-Pond
*
Nineteen Hundred Corp B
1
Nipissing
5
"%
1
"i-14%i,-?
"11%
9%
'
13%
/
Feb
104
40
400
8%
5
25,900
350'
7%
96 V4
106 % 106%
~
Class B optional warrants
7%
95%
!.
7%
preferred
7 y8
11
-
13 7/8
;;■■•
1
•15%
1
3%
14 ya
1,200
*t
13% Mar
18 %
Feb
Securities Corp
Feb
7%
Jan
Beeman
Jan
Segal Lock &
Jan
Belby Shoe Co
Selected Industries Inc common
Convertible stock
*
6%
8,000
iVa
33V» Mar
600
15%
3'/4 K
11 %
19%
34%
9
19%
43
3
'
33
2,400
36%
-v
11 ye
16,800
p-
300
Feb
2% Feb
90
'Jan
97 - Feb
34% Feb
•'
7'/a Feb
15%
% 200
1,600
20
43
Mar
2% Jan
800
33%
50
36%
Jan
9
11% Mar
Inc (Del).—
Sayre 6c Fisher Brick Co
Schulte (D A) Inc common
8oovill Manufacturing
Scullin Steel Co common—
Savoy Oil
lft Jan
34%.
3
Jan
14 Va Mar
33 Va
15%
%
Feb
:
5
*Jan
117
r,
Class A $2 conv
% Mar
*12
100
/
:%
:/•
Jan
102
Corp Ltd
pref
Salt Dome Oil Co
8amson United Corp common..
St Lawrence
1,700
13n/4
33
343/4
3/4
Jan
Feb
Mar
460
79
146
146%
70
144
Feb
12
12 Va
300
12
Mar
79
146%
901/4
151
13%
Jan
Jan
Jan
1
1
J
31
6
1
5
•
1
Jan
55
Mar
Feb
8V*
Jan
19%
20 Va
500
19 Va Mar
21%
Jan
3% Mar
5%
Jan
Mar
3'/a
Jan
24%
27%
Jan
43/4
Jan
8%
5%
20,400
2
20
19%
20%
500
25%
25
25%
400
18Va Feb
24% Mar
33/4
2,200
3% Mar
3%
.3%
1%
13%
Jan
2
1,300
93
93
30
87
Jan
23%
2
Jan
34
Feb
54
20
•:
Jan
1% Jan
31
30 % Mar
500
54
54
8
Feb
2Va Jan
17%
Mar
29
.*>75
29%
30%
%
400
II
Feb;
14% Mar
1,000
29
54
1%
14,800
23%
100
23
Mar
2%
93
Jan
Jan
Mar
100
•
II
£l
...5
5
1
10
1
*
1.25
1
*
1
23% Mar
93/4
100
10%
Jan
4%
43/4
500
4l/s Mar
5%
Jan
243/4
243/4
100
24% Mar
25%
Jan
19
20V4
1,500
93/4
20%
91/8
Feb
Jan
17
203/4 Mar
.7% Mar
Feb
Jan
14 y«
Jan
10
1,000
8
8%
141/4
7%
8
Jan
10% Mar
8%
3%
Jan
6% Mar
63/b
1,600
73/a
8]/4
1,600
7% Mar
11 y4
Jan
4%
6%
5
500
4% Mar
6%
Jan
5%
,
Feb
17%
14% Feb
7
Feb
92
Feb
1
1st
6%
Jan
Mar
Mar
27
50
10
Feb
9
100
Co
Consolidated Petroleum
Ryerson 6c Haynes common
Ryan
N Y
5%
;y-
Jan
75
~9
~9
(The)
1%
1,300
*
-*
Corp common
Rowe
Royalite Oil Co Ltd
6
59%
3,000
%
1%
1%
1
Mar
Mar
1%
Co
Jan
4
10
6
Roosevelt Field Inc
Jan
6
100
6
6 %
1
Mar
•?
350
4%
11
59%
60
25
50
83 Va
10
20
•
*
5
1
Pendleton' Inc new com
Jan
*
33.
8
7
Rolls Royce Ltd—
4%
10U
page
1
10
Co—
92
see
Mar
6%
—
Feb
15%
82% Mar
foM,notes
Jan
Jan
14
900
Root Petroleum
1
43
Feb
1,900
Jan
Northrop Aircraft Inc
Novadel-Agene Corp
Feb
12
2%
5
Northern Indiana Pub Serv 5%
pfd.100
Northern States Power class A
25
36%
25
45/a
Feb
Co
700
12%
2
4%
RR
42
3%
15
Northeast Airlines
40
2
Feb
Northern Central Texas Oil
Feb
97%
4%
Regal Shoe Co
Reis (Robert) & Co
13%
Mines
98
Jan
1
.
400
North Amer
Light & Power common-l
North American
Rayon class A
-•
Class B common
*
North American
Utility Securities.
•
Jan
90
Jan
6
15
Noma Electric
94%
725
2
14
com
125
95%
15
14
Niagara Share Corp class B.
97
1%
-—5
Shipbuilding Corp—
Founders, shares
Niagara Hudson Power common
V» Mar
14%
%
common
Honduras Rosario
Merchandise
Jan
9
14%
liy4
common
10
Jan
10
Jan
Co
Feb
12%
40
*
Voting common
8%
New Park
Mining Co
New Process Co common
jRn
9%
R
600
Co
1%
100
1%
10
convertible preferred
New Jersey Zinc
New Mexico & Arizona Land
2,000
Radio-Kelth-Orpheum option warrants.
Railway & Light Securities-
10
4%%
l3/a
9y8
96
96
79
.100
6 %
10
New England Tel & Tel
New Haven Clock & Watch
1%
11% Mar
2V% Jan
9y8
1%
—•
Pyrene
5
Nestle Le Mur Co class A
Jan
Jan
8%
Feb
93%
—100
preferred
Puget Sound Pulp 6c Timber
15
30c
40
Feb
9%
Power 6c Light—*
10
10%
Feb
6%
Gas
Corp
(Herman)
100
300
•
7%
Jan
Jan
1,400
Reed Roller Bit Co
8
11%
89
7%
Jan
1
,8
*
common
National Union Radio
40
Jan
16%
Feb
4'%, Jan
Jan
133/4
10:%
7
10%
3%
13
Jan
Jan
9% Mar
50
9%'
35%
16
Jan
5
15%
87
9%
2%-Mar
:
Jan
1,000
29ya Mar
13
1
Feb
14%
3%
9,300
11%
11
710
2
new
Feb
Feb
4,800
13
Jan
41
58%
-4%
11%
3 Va Mar
13%
470
2%
13
Feb
2%
xll
2\l Mar
60%
60
30%
12
Mar
39
20 y8
11%
Jan
Jan
6
9%
33%
12
Jan
II
6%
2Va
1
National Radiator Co
Neptune Meter
300 i
*5
*
,
100
243/a
22
3% Mar
600
9%
73%
29%
-*
common
■
Jan
Jan
57%
Feb
48
9% Mar
Jan
28% Mar
13% Mar
100
13%
5 %
5
1
common
13%
2%
105
'
9%
1
Raymond Concrete Pile common..
$3 convertible preferred
13%
Jan
860
103
4%
Mar
%
11% Mar
100
,
Jan
6y>
4%
2%
43/8
Feb
6ya
5% Mar
4
Feb
4,900
Mar
31
100%
Jan
National Fuel Gas
National Mallinson Fabrics
National Mfg & Stores common
For
Feb
17%
ft Jan
Feb
15
•
1°
National Breweries
7%
preferred
North Penn
23
20
~6
4
•
preferred
Quebec Power Co———
N
N Y
42%
5 5/8
103
40%
Quaker Oats common
Jan
4 Va
Feb
*
Tel
Corp
Y Auction
N Y &
42%
_53/8
39%
Railway & Utility Investment
Rath Packing Co common
N
90
73/a
Jan
36 %
Jan
3,400
100
common
&
Jan
550
,
88
--
1
of America
Jan
173
343/4 Mar
10
States
Nelson
19
11% Jan
75
7
3%
5c
13% Mar
13
2% Jan
"Feb
■
10c
Feb
Feb
900
25
18
.2.50
Puget Sound
Jan
10
64,000
Jan
Feb
II
380
172%
.343/4
Jan
3%
Feb
27/b
Mar
26%
Feb
23%
23%
9%
4%%
'■■■■
Jan
•
Jan
24
Mar
12
19
•
100
Metals
15
12 Va Mar
Public Service of Colorado—
73/4 Mar
63/8 Mar
2%
*
,
Mountain
National
13%
Jan
Jan
96
Jan
91
"
5
5
1
1st preferred
Providence
Jan
300
iii
n
5
;■
104
X97
—1
A
Mountain
Inc
12 Va
50
10
common
Corp of Nevada
Prosperity Co clasg B
Jan
6%
1,000
5%
5
x97
1
common
Utilities
partic pfd
Morris Plan Corp of America
Mountain City Copper common
Namm's
13
F"
103
1
2
50
50
Producers
7% Mar
33% Jan
Jan
Jan
24
-5Va
1
Investors
Nachman
23 Va
1
Prentice-Hall Inc common
Jan
30%
100
Society A
Dakota
Mountain
23
100'
25c
2.50
Pressed
Mar
Feb
2
__50
Mining Corp of Canada
Montgomery
100
300
Pratt 6c Lambert Co
Jan
18
13%
1,900
14
50c
preferred
100
3%
20
7
2
1
common
•
18%
13%
20
*
p-vc-f «• y •
Montana
6%
Jan
convertible
Monroe
12%
Corp of Canada common
Power
Jan
*
13%
10% Mar
Jan
24
12%
Mining Co
& Alexander common
Polaris
104%
24%
92%
•
Powdrell
9y« Mar
Feb
7%
18,600
•
Oil
Wohl
9
Scale
Jan
Feb
101 %
Products—
common
Piping & Supply
Minnesota
Pneumatic
70
8% Mar
Feb
shares
Piper Aircraft Corp common
Pltney-Bowes Inc
Pittsburgh Bess 6c Lake Erie RR
Pittsburgh <fe Lake Erie
Pittsburgh Metallurgical common
Pleasant Valley Wine Co
Jan
9%
'
104
•
•
Johnson Ltd Amer
Plnchln
Feb
2y«
'
19
200/
Jan
31'/a
2.50
Corp
Pioneer Gold 'Mines Ltd
Jan
9
-■•>
»
7%
300
Mar
35%
23%
1
10
Pierce Governor common
45 ya Mar
1% Mar
1,200
7%
20
5
Midwest
4%%
Jan
•••
♦
Midwest
Miller
4%
4y«
Feb
pfd
conv
Mid-West Abrasive
Mid-West
<200
Jan
18
10
Mar
24%
*
Philadelphia Co common
Phillips Packing Co
Jan
-Jan
Circle
6%
29
24%
Pharls Tire 6c Rubber common.*—50c
Jan
dividend shares
Steel
Cq
3V2
7y2 Mar
1
Corp $1
non-cum
Midvale
6%
,110ya
Feb
Perfect
Corp—
Oil
Midland
6
17%
Jan
Feb
32% Mar
600
•
(The)
Pepperell Mfg Co
300
1,700
92%
100
pfd
Pep Boys
"
t c__l
Ex-distribution
Midland
x5%
1
v
Feb
3yt Mar
3% (Feb-
_♦
Hone Corp
7%
Jan
43
10
v
1,400
2.50
Middle States Petroleum class A
B
"3% "3%
3%
.1
±
Feb
5% Feb
15
Jan
9
Jan
15
92 Va
2.50
Light 4%%
Co
8
33%
29%
4 Va
Water & Power Co
Penn
Jan
I
Penn Power &
Penn Traffic
Feb
25 y4
5%
8,800
25,300
_25c
i
Preferred
Class
7%
3
12
Mar
108
—1
Corp.
Michigan Bumper Corp
Michigan .Steel Tube—
Michigan Sugar Co
Micromatie
■;
2%
Feb
9%
20
v*
100
Participating preferred
!
6%
300
700
warrants—
preferred—
Textile
10 i
20%
20
Menasco
Scott
'9%
■
Jan
2
1
class A common
Penn Gas 6c Elec
Feb
371/a
10
& Co
2,500
32%
103
•
25
Penn-Dixie Cement warrants
6% Feb
/•'•
22% Mar
1
Metal
v
1% Mar
1,800
*
Messabi
Feb
2,200
Mead Johnson
&
6%
1%
24 y»
38
A
•
l'A
*
Chapman
100
5
v.
22%
preferred
McWilliams Dredging___
6% %
/
Feb
24
common
$2.50
Merritt
4%
.
Jan
29
Jan
15
13% Mar
$1 cumulative preferred
McAleer Mfg Co common
5%
convertible preferred...
McClanahan Oil Co common
34%
Jan
7
16%
18
7%
33 3/s
5
Co
2%
9%
♦
Jan
Feb
30 Va
100
7Va
*
*
•
Pantepec Oil of Venezuela Amer shrs..
Paramount Motors Corp
1
13% Mar
Feb
37%
10
109%
500
7%
16
1st preferred
Page-Hersey Tubes common
Jan
Parkersburg Rig 6c Reel
common
x39
Feb
U—
18
§
1st pfd
1st preferred
$1.30
Jan
16%
21%
£l
Jan
Mar
Jan
106
Jan
6%
•
Feb
•' 12
■
•
Marine
Ltd
Feb
-15
♦
1%
Feb
33
30
32
7%
1%
425
Jan
15
100
15%
1
Power Shovel
Massey
6
15%
1,200
1
Pacific Public Service
6
10
Consolidated Mfg Co
Marconi
High
*
Securities
Pacific Power 61
5
l'/4
38
31
1
O'oklep Copper Co Ltd Amer shares
110%
1,000
l'/a
36%
15
1
Gas
Omar Inc
M
Mapes
Low
107% 107%
100
preferred
Natural
1%
36%
common_i..
Pacific Lighting $5 preferred
Mangel Stores common
Manischewitz (The B) Co
Range Since January 1
High
Jan
45
6,000
Oklahoma
5%%
Mackintosh-Hemphill Co
Maine Public Service Co
Low
Shares
Jan
Mar
Co
Old Poindexter Distillery
Oliver United Filters B
Overseas
49
Vj-v-V*'
2
20%
7
-
300
675
•
•
Feb
,1
Brass
Ohio Power 4%%
Feb
.18
.
Ohio
Jan
900
\
n
49
22
26%
7i/a Mar
2,500 V
Feb
Feb
-6O0
Ogden Corp common.
Feb
23%
,
23%
...
71/
1
Sales
for Week
of Prices
Jan
8%
Week's
Range
Last
Sale Price
Exchange
Jan
600
v
19
Curb
Par
20
10
1
York
High
,
600
5
Lone
ID
New
15%
7% *
~~
-
MARCH
STOCKS—
High
(1283)
,
EXCHANGE
ENDED
Ranfe Since January
15%
•
,
Chain
Locke Steel
151/4 ;,
i8'/4 •
•*•"""*'
Brothers common
Groceterias class A__.
Loblaw
Class
Low
5
10
25
WEEK
for Week
Shares
CURB
FOR
CHRONICLE
Sales
Range
of Prices
7
1,
Exchange1
FINANCIAL
19% Mar
•
19 Ya
Feb
Jan
3% Mar
92
Jan
103
Jan
42%
Jan
11% Mar
22 Yt
Jan
General
Bros Inc
Hardware
$5.50 prior stock
Allotment certificates—
Inc
<Sentinel Radio Corp common
Sentry Safety Control
Serrick Corp class B
Semler
(R B)
•
93/8
50
29 Va
1
1
25c
—1
8%
1
25
L*
1
5
25
2,400
8'/a Mar
13%
1,700
27% Mar
37%
Jan
7% Mar
1 % Mar
12 Va
Jan
2%
Jan
Jan
7%
8%
4,900
l3/4
2
1,800
2%
600
2% Mar
3%
Jan
100
3
Feb
4y4
Jan
2% Mar
3%
Jan
11%
2%
2%
3,800
28 %
29 y4
2,100
27
Feb
33
Jan
1,600
10%
Feb
12%
Jan
300
'1%
Mar
2 3/8
Jan
16%
2%
28 Va
Feb
18%
Jan
Feb
2%
Jan
10 3/4
1%
11%
2
;
"2
2 Va
'16%
74
4%
1
7/a
2
~2%
20%
2
1
1
1
9%
29%
2y8
1
*
1
*
8%
27%
20%
50
20% Mar
l7/a
2V8
5,700
178 Mar
14%
16%
74
74
6,100
3,100
50
2
•
24%
2%
13%
Feb
18
74
Feb
82
75% Mar
80%
Jan
Jan
Jan
Jan
Jan
~4% ~4%
300
4l/s Mar
5%
Jan
2J/a
900
13/4
Feb
2 V*
Jan
1
300
% Mar
10»/4 Mar
1%
Jan
11%
Jan
2
%
31
V
&
THE COMMERCIAL
(1284)
FOR WEEK
RANGE
Monday, March 22,
1943
CHRONICLER
EXCHANGE
CURB
YORK
NEW
FINANCIAL
ENDED MARCH 19
Week's
Friday
Friday
Last
STOCKS—
New
Leather
Bhattuck Denn Mining
of America
Corp
66 %
63
2 y2
1,900
Feb
100
66 %
13 y2
Feb
16
12
Jan
class
A
Waco
•
73
13
108
Mar
12%* 13
*9
9
17%
Jan
II%
12% Mar
'2,300
10
w 550
•
9
Mar
Jan
100
7
£ 1
6%
>
228%
,
225
3%
.
7
3%
340
3%
225
500
256
Mar
3%
Bolar Aircraft Co
1
1
ll7/e
10%
12 y4
14,300
8
Ve
original preferred
4.48% conv preference-.
4.32% cum preferred
Southern Pipe Line—
Southland Royalty Co
Shoe
7%
7%
7%
700
7 y4
Feb
9'/2
Jan
Williams
3%
Feb
4%
Jan
Willson
Wilson
36%
35%
36%
26%
24%
7%
5
37%
38%
38%
500
4
37%
Feb
Feb
31%
Feb
Jan
37
Jan
Woodall
Mar
29 Vb
Jan
25%
Feb
1%
—
8%
8y4
1
9%
Corp
—
common—
B.)
Co
(Hugo) Corp
Stop & Shop Inc__
Stroock
(S)
&
Co
1,500
25%
Jan
1,900
1%
2
Feb
1%
Feb
102
Feb
300
6
% Mar
3%
2%
400
4%
4,800
3%
'500
Feb
5%
Feb
3%
Jan
5%
Jan
54%,
22%
50
15%
15%
200
15 % Mar
7%
300
7% Mar
"l
1
1%
1,300
61V4
22
25
Jan
8%
%
Feb
Jan
7%
14%
Jan
"!%'
1
100
2%
Feb
Mar
17
16%
17
200
28%
200
27ya
6%
.100
5%
14 %
350
2%
3
*'
3%
Jan
14 y4
Feb
Jan
Taggart Corp common
Tampa Electric Co common
1
•
29%
29%
29%
500
*
12%
12'/8
13%
4,600
119% 120 y2
12%
pfd
Thor
Tilo
Co
Corporation
Roofing Inc
Tishman
Tivoli
Realty
Brewing
2
common
—
—
Construction
Co
12%
16%
1
16
13%
SCentral
A5s
States
(10%
A5%s
Cities
Service
•
5%
Tonopah
414%
6%
*
-
95
Mining of Nevada—.
Gas
mtge
ref
2%s series
1
Consolidated
Gen
1%
--
&
of
mtge 4s
mtge
Gas
—
Jan
50% Mar
6%
1%
Feb
Feb
7%
1%
88
Feb
95
92
Jan
97
Feb
Jan
Jan
;
1
Mar
4% Mar
600
1%
—
1%
9
9
>/8 Mar
12
20
93
97
5
96
104% 105
31
t—
104%
104
105%
City)
J-J
98%
Jan
5s
1947
Unexcelled
Chemicals
Corp.
Gas of Canada
Union Investment Co
2
5
5%
500
5%
5,300
5%
/
2%
4%
5%
—1•
—
Union
6%
1,300
1%
*
--
Oil
$3.75
Co
pfd
of
United
United
series
A
Chemicals
•
Gas
United
Light &
United
Corp
Milk
United
10%
dep
NJ
56%
35
100% 101 Vb
M-S
Ry. 4s
S
Air
U
S
Foil
U
S
38
$5
S
1st
J-J
A-0
1941
A-O
$100%
■„
-
Feb
40
Feb
%
Jan
32%
150
32
Feb
34%
Jan
17%
3,000
16
Feb
18%
M-N
J-D
104
coup)
1955
18%
19%
*"
—
—
—
7,000
,
•
''
17%
Feb
21
Jan
—
20
Feb
30
J-J
Jan
25%
Jan
Park
'
Consolidated
Sugarit Light
100
40%
1
8%
•
2
warrants
_•
%-
1
Oil
,
14%
55% .56%
39%
40% 1
8%
,.
2%
xl2
8%
4.325
Power
25%
99%
J-J
60
58
61
16
52%
65
20
28%
62 y4
Jan
Jan
41%
Jan
Feb
9%
Jan
2%
1,100
13%
3,000
8
-
•
common!
2% Mar
11%
Feb
Jan
1%
2
2,700
1%
Feb
2%
Jan
70%
73
375
70%
Feb
81 y4
Jan
12%
Feb
18
Jan
13%
14%
1,100
2%
2%
300
Feb
23%
24
100
2%
2%
2%
1.800
20 Ya
20%
20%
1,600
2%
Jan
Jan
20
—
-
2% Mar
14%
Jan
23% Mar
2%
3
Jan
2%
Jan
44% Jan
20
29
Jan
Jan
Feb
3%
Jan
20y2 Mar
22%
Jan
6%
1961
Venezuela
Vovt
1
common
convertible
preferred
1
Syndicate Inc
20c
Manufacturing
For
footnotes
•
see
page
7%
5
Petroleum
33.
85
6
3
8%
85
1,700
10
5%
6%
1,900
3
3 y4
900
7%
85
1940
1964
perpetual
Spalding (AG)
Elec
3!/4s
3rd
Hydro-Electric
A6%s with Aug 1
7%
Jan
United
3%
Jan
A7s with Dec
1
Jan
A7s
1947
14
A6%s
ex
Aug 1 1947 coupon.
Electric
ex
Dec
1
Service
1940
1970
A-O
F-A
92
88
103%
105
103
5
106
-
34
19
56
A-O
1945
J-J
$98
140 Va
101
100
—
113%
1953
113%
—
*
101%
103%
86
101%
103 v2
103% 103%
15
101%
104%
98
—
100 ya
98
10
98
~3
98/
r' $103
96%
$111
100%
96 y2
115
117
100 Va
100%
103
100%
116
'
—
68%
68%
2
75
68
23
27
21
27
$22
25
22
22
1
19
A-O
T01
100
,
147%
103 %
98
$100
A-O
21
6
19
_7
102
35
$10
1949
1956
106 y2
1027b
•103
M-N
coupon—1956
103%
*
10
$113%
.—
J-J
1970
J-D
Co—
coupon
104
106
101%
-v
19%
100
—
A-O
1940 coupon—1953
United Electric Co of N J
4s
104
105 -
5
143% 147%
*147%
M-S
1946
Jan
Feb
1951
1965
Co—
Jan
Feb
M-S
1966
Corp—stamped
(Hugo) Industries—
A7-4s
60%
102%
1
105
101%
101 %
106
105 3b 105%
19
M-N
Stinnes (Hugo)
*
4
108%
58
$103% 104'%
,
1350
10
3
A-O
1939,
AStarrett Corp inc 5s
5s collateral trust
107
101%
-
$10
1971
&
~2
—
2
$105
17
25
«...
$101% 102 7 b
$81% 84%
—
5s__
__
$ 1027b 103%
'r
—
19
.1952
(Calif)
17
20
.
60%
106
I960
M-N
Scullin Steel inc
mtge 3s„
Southern California Edison 3s
Southern California Gas 3%s__
•
103% 103%
J-J
5%s series A
1952
Safe Harbor Water Power
Corp 3s_1981
San Joaquin Lt & Pwr 6s B
1st mtge 3s
Southwestern Gas
60
J-D
certificates—
Southern Counties Gas
60%
J-J
3'/4s-1964
1
'.•••>
108% 108%
A-O
coupon—1960
98
xl2%
A-O
20
20
$101% 103 >/a
Co—
Feb
Feb
$104%
J-D
1968
Mar
5%
$17
M-N
2004
A7-4s 2nd stamped
$4
A-O
v
.
$10
—
*
M-S
Queens Borough Gas & Electric—
Terni
Valspar Corp
J.\
1967
1970
Stinnes
Venezuelan
20
——i
J-J
1971
1
177b '
78%*
26
«6%
1963
A6 %s ex Oct 1 1947
coupon
Public Service of New
Jersey—
Jan
8%
39y8
10
Jan
54% Mar
$16
F-A
Hydro-Electric
26
25
17%
18
1956
Power
25%
17
~1
,78%
«...
J"J
&
25%
17
18
18
17%
17%
97%
•
J-D
to
1
2
78%
1966
J
18%
17%
23
1
1969
Pennsylvania Water
Feb
2
10%
38%
10
common
247%
500
2%
2 V*
50c
Feb
% Mar
104%
89
3Y2s
Oct
103%
10
99 Vz
Light 3y2s
1st mtge 3y4s
with
104%
102%
97%
I'
1952
coupon
Lexington 1st mtge 3s
A6'/2s
230
1
10
Co
Jan
1%
56 V*
2%
—
245
8
25
13'4
Insurance
Products
245
25c
Securities
with
Universal
245 i
59
103%
102%
„
99%
.
mtge 3s
Piedmont
245
103
56
,
$16"
"
Co—
1940
Ohio Power
1st
103
J-J
1952
4%
61
176%
101
102
18
;
1952
6s
at
38
176%
15
57
$16
<•
1957
Milwaukee Gas & Light 4%s
New England Power 3'/4s
N Y & Westchester
Ltg 4s
Jan
25
■■
17%
—
F-A
Valley RR—
Jan
18%
—-1
common
Universal
Power
Y9
Jan
17
—10c
...
Rubber Reclaiming Co——
United Stores common
i
Utah
38% Mar
20,900
4%
32
25
common
International
Utah-Idaho
Jan
31
'
1955
Corp deb 4%s
Extended
61%
37
101%
100%
—
$54%
1970
1957
Midland
Jan
38
$102
A7s ex Nov 1 1947
coupon——1952
Altalian Superpower 6s
1963
—
U S
Universal
Jan
62
Mar
3%
300
—10
B
preferred
Radiator
15,800
%
A
»•
;
class
4%
40
96
61
38
1949
1952
&
97%
31
100% 101
$100
104
1958
F
Power
55%
29%
35
$165%
101
1949
—
Hvdro-Electn..
Kansas
13
13
Sec—
McCord
91% Mar
30
19%
-
*
Machinery
Co
150
•
17%
——100
Conditioning Corp..
and
Jan
99%
$10
Jan
A
3%s
regis
Canal
&
Preferred
U
6y4
7
United Soecialties common.-
U
.
*
common-
Profit Sharing
preferred
Shoe
Jan
99 %
$110
$19
1957
Kansas Electric
115
58
1953
coupon
A7s (July 1941 coupon)
Registered
Ltd—
ord
rets
RR
3%
40
-
•
United Molasses Co
Amer
Jan
10
common
Railways
Products
61
%
Preferred
United
4%
*
92%
61
—50c
common
warrants—
Elastic
Corp
United
United
92%
100
Corp
United
Jan
8%
Calif—
Union Stock Yards of Omaha
United Aircraft Products com
2% Mar
6%
5% Mar
6%
—
Union
Jan
4% Mar
-
109
97%
Mtge Bank—
Power
1
104 V*
112%
$33%
57%
Jan
Nov
98%
27
—
J-J
1956
(Aug 1941 coupon)
A7s with
22
98%
May
.
Isarco
98%
M-N
.
U
lOo
98%
$112%
•
Corp
104%
105% 106 Va
1940 coupon—1953
E
Debenture
81%
102
1993
B
series
105%
106%
Mfg Co—
1
series C
A7s
103%
105%
■
23
2
$98
A-O
—1965
Indianapolis Power & Lt 3'As
A 7s
93%
104%
78
A-O
J-D
— -
104
253
1993
3'/2s
ser
1
10
30
92%
81%
79 y2
M-N
•
-
Realization
78
81
•
100%
104% 104%
1963
(Dec
6
110%
168
98%
RR—
Mountain Power 3%s
Guantanamo & Western 6s
series
109%
90
104 y2
105% 103 V*
79
99%
106
—
Green
A6%s
11
105.
100
103%
51
104% 104%
104
J-J
A7s
102%
168
A-O
M-S
A6%s
21
100%
M-S
J-D
International
.'
165
100
100%
1948
Hygrade Food 6s
1
109% 109%
.
1950
Jan
—
93%
1961
Jan
Feb
1
Low -f High
97
AGeneral Rayon Co 6s ser A
Jan
2%
Elec
Nov
January 1
No.
83 %
B
ser
Residential
series
104%/
Range Since
Sold
85
Interstate Power 5s
Ulen
Jan
93%
Grand Trunk Western
Feb
% 6%
6
--
2%
Bonds
High
82%
standard
5s
Jan
Feb
Friday's
82
A—
ser
Jan
Feb
Jan
21
or
84
1954
Fuel
Nov
ex
Finland
—
—
Jan
Division—
J
N
4s
&
Marelli
A6%s
Feb
.
-
Jan
9%
(Bait)—
Western
6%
5%
50
51
--
preferred
19%
Mar
Bid & Asked
M-S
1981
Jan
__
Jan
Feb
93%
J-D
1976
Jan
900
__
Jan
Week's Range
.—1954
Q
14%
3,200
,
Jan
,
Feb
2
83
R——
15 y4
>
V
Jan
6,300
,
J-J
4y2s
Lack
A6'/2s with
'
convertible
2A
M-N
1948
(Bait
Lackawanna
'
2
21
100%
J-J
1962
Gas
mtge
Delaware
Jan
13 y4
50
4%
1%
Feb
Jan
Corp—
ser
Feb
124
■
190
4%
__
13
Q-F
debs
conv
Feb
'
80c
2%s
ref
12%
600
4%
1
400
J-D
P
ser
11%.Mar
94%
—
Works
15%
j-j
1970
Pwr
&
1st
•
Lamp
3s
1st
2y2s
'
Inc
Tung-Sol
Lt
16
1%
95
94%
1
1
-
El
mtge
ref
Jan
100
1%
Lux Corp_
Tri-Continental warrants
14
J-D
1st
44
v
90 Va
*'
10% Mar
17
104%
1969
Consol
Feb
'
'
100
Trans
Trunz
1%
:
♦
pfd—
400
M-Q
Jan
6%
Jan
600
J-J
11%
:
Jan
15y4
104%
1960
118%
—
5%
Jan
J-D
1977
Ercole
500
5%
Jan
Feb
14
11
Last
5s
6s
dep rets ord regis
Amer dep rets def
reg
Todd Shipyards
Corp
Edison
,
;
Jan
11%
19%
Sale Price
3s
Elmira Water Lt it RR
600
11%
Feb
3%
375
2iV
Debenture
Feb
'
Amer
Toledo
•
800
Jan
Feb
8%
Debentures
13%
600
—
4%
15"
Jan 1966
Feb
—
.
4
7%
II
—1998
5s
Jan
1,000
*;20% Jan
Feb
14%
1960
5s
Debenture
20
•
Jan
Feb
6%
95
1955
A
redeemed)
11%
13%
16%
17% Mar
1958
(10%
400
16%
Jan
18%
1953
Electric
31%
12 Vb
.
i: Allied Stocks—
Tobacco Security Trust Co Ltd—
13%
100
1,800
14%
11
1970
redeemed!
Jan
'
3V4s
—
Feb
13%
1
Tobacco
Gs
Feb
11%
—
200
7
Period
2%s—
11%
'
1
Steel
29
'
3
common
&
12%
_5
Jan
18 y2
Feb
14%
Interest
5 V2S
10%
100
Texon Oil & Land Co
Shovel
y'
15
20
4%
1
——;—
Edison
Alst
Thew
50
6%
15
5s
£1
*
4y2s
deb
C
Bethlehem
Boston
1st
Technicolor Inc
Tel
&
series
5s
Feb
Jan
Tel
Eastern
Tfexas Power & Light 7%
15%
10
City Electric 3V4s_—-—1964
Telephone of Canada—
Bell
Jan
7
16%
2% Mar
2,200
10
—«»
Jan
25'/2
10
Atlantic
Jan
.1 31%
13% Mar
15
common
Jan
Mai\ 33
x22% Mar
35%
25
7
Exchange
Curb
Electric
Associated
Assoc
Jan
20%
Feb
13 %
1% Mar
Jan
6%
3
100
22%
20
20
*
Appalachian Elec Power
Jan
15 y2
16% Mar
27%
1
33%
Low
Jan
Jan
27%
13%
28 y2
Friday
Jan
5%
14
•
25% Mar
13%
BONDS
York
New
Jan
Feb
13
"1%
150
15%
—100
2
pfd
4Y2%
Industries Inc.—
Petroleum—
(F W) Ltd—
deposit receipts
6% preference
Wright Hargreaves Ltd
Jan
19%
4,100
5%
Jan
22%
22%
25
American
Jan
52%. Feb
120
5%
5%
Jan
3% Mar
7%
•
8%
.
2%
22%
15%
Feb
107
3%
.
53
54%
25c
Corp—.
Jan*
1% Mar
110
2%
.—•
common
Corp
Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co—
Oil
Jan
29
1
Sun
Finch
11 y4
Feb
4%
——_5
i
Sunbeam
Swan
Feb
•
common-—
Stinnes
9y8
3%
Jan
156
27%
Feb
"4"%
-
(J.
*19%
6%
Feb
19%
Feb
33
1
common
preferred w w
Winnipeg Elec common
Jan
200
114
Feb
140
1
5%
Jan
1%
Jan
15%
20
25%
Jan
3y2
1%
6%
Sterling Aluminum Products-——
1
Sterling Brewers Inc
1
^Sterling Engine Co————1
Sterling
Inc
—1
Stetson
11 %
23 %
1%
•
Co
Feb
102% 103
•
Stein
8V8
1,500
112
2,700
Jan
2% Mar
1%
1
Steel Co of Canada
1V8
19% Mar
9%
10
16%
Jan
Feb
600
26%
—_1
—
Jan
6%
250
9%
"1%
1
—-
-
4%
1
1,700
Feb
Feb
2%
26%
1
Corp
Jan
43
3%
21l/2
2%
*
Co
Feb
36
100
8%.
8%
21
2%
*
1
7% Mar
Jan
17% Mar
preferred
.—10
Dredging Corp common—1
$1.60 convertible preferred
20
Standard Forgings Corp———
1
Standard Oil (Ky)
—_10
Standard Power & Light
—1
Preferred
1%
6% Mar'
Woolworth
4%
700
27%
5
*
Woodley
Jan
23
5
2.78
Common class B—
4
3%
Convertible
&
1,000
•
Standard Tube class B
Bi others
Jan
35%
26%
1,500
1
2% Mar
8% Jan
*
15%
145% 147
-1
—10
Corp
& Co
Inc
C)
(R
Products
33%
400
6%
24%
26%
24%
—
25
15,500
112% 112%
J
Corp
(The)
29 y4
2,000
•
—
Oil
River
Wichita
Wickes
„
6%
1°
Weyenberg Shoe Mfg
Whitman
(Wm)
& Co—
Jan
Standard
(A)
16%
Jan
*
(The)
Virginia Coal & Coke—~——--5
Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery com—*
Westmoreland
Coal
20
4%
—25
Brewing Co
'.
Standard Cap & Seal common
Starrett
500
3%
Corp
Standard-Thomson
Jan
6%
Feb
Inc__
Products
4
Feb
x3%
23
Standard
Standard
Jan
Mar
1%
Wisconsin P & L
5 %
Btahl-Meyer
4
2%
2,000
Southern California Edison—
Bpencer
2% Mar
750
3%
,
Jan
2,500
3
10
.
13
2%
3%
12.50
Southwest Pa Pipe Line
8% Mai-
.
Jan
3%
2%
1"
Feb
£0
Jan
2%
1
common
4
2%
2
:
Western
12% Mar
Feb
8%
2%
■'
1% Mar
3
3'/a
2% Mar
Mar
110%
500
1%
9%
3%
1
300
3
Feb
Feb
2%
warrants
Corp
West
•
Bolar Manufacturing Co
Bonotone
Corp
Feb
8
Jan
90
Jan
90
1 %'
ioo
-l
1-25
•
Jan
Jan
4
Feb
1,100
-1
Co
Co
Aircraft
Warner
Westmoreland Inc
100
High
110%
Inc
Watch
Waltham
Feb
7%
6% Mar
1,600
232%
8%
8%
Bond
&
Wentworth
•
1—1
L°w
3
1%
Manufacturing
West Texas Utilities $6 preferred
Publications—
Manufacturing
Waltt
Ward Baking
'
2%
8%
--
voting trust ctfs ext_
10°
preferred
7%
Jan
*
Bouth Coast Corp common
Bouth Penn Oil common
2%
Wagner Baking
$2 cum pfd
•
—
Co
Aircraft
Jan
Jan
Jan
104
Range Since January
j
High
W
16%
,
Mar
62
Low
Jan
17 34
V* Feb
900
3
-
Feb
700
"
Shares
Par
•
$3 convertible preferred
Simplicity Pattern common-;
Binger Manufacturing Co—j——
Binger Manufacturing Co Ltd—
Amer dep rets ord regis
Bioux City Gas & Elec Co—
3.90% preferred
Smith (Howard) Paper Mills-.
Boss
2%
100
Ltd
common
Bimraons-Boardman
'
14
-
,,,
for Week
of Prices
High
Low
16'4
13%
25
common
preferred
Sherwin-Williams of Canada
Shoe
2%
16'4
1
4%
Bilex Co
27b
13 %
*
:
.
Bick's Breweries
Range Since January 1
13
3
a.
Bhawinigan Water & Poiver
Bheller Mfg Co—
•
Shares
1
High
•
common
Sherwin-Williams
Low
Range
Sale Price
Exchange
Curb
York
New
Sales
Last
stocks—
for Week
of Prices
Par
Beton
Sales
Range
,
Sale Price
Exchange
Curb
York
Week's
*
.
102% 102%
$19%
$10
28
—
18
3;i
103%
27'A
Number 4683
167
Volume
THE COMMERCIAL
NEW
&
YORK
range
FINANCIAL
CURB
for
week
CHRONICLE
(1285)
EXCHANGE
ended
march
19
BONDS
Low
Hotel—
debs
Power 3%s
West Penn Electric 5s
West Penn Traction 5s
Western Newspaper Union—
6s
conv
s
f debentures
New
72%
1964
2030
1960
72%
72
1103 % 106%
$103
107
t117
102
102
Peru
105%
106%
107'/a
118%
102
reduced
120
(Republic
to
Is
Rio
.
101
e
Interest
F?iday
Last
Sale Price
Bid & Asked
1
Exchange
♦
+
Friday's
or
Low
Agricultural Mortgage Bank
20-year
7s
A
Valley
ACauca
7s
A-O
Low
$60%
J-J
1948
Cons Municipal
External 5%s
65%
+
31'/a»' 33
33
t
21-
M-S
100
14%
19
13%
15%
19
'
'
A.—
24
3%
123
2%
3%
2%
2%
2%
'
'
2%
J-J
1921
2
42
2%
3%
Deferred delivery transaction (not Included in year's range),
d Ex-interest,
(not included
in year's range),
f Ex-distribution,
g Ex-stock div.
h Ex-
for cash
r Transaction
year's range),
f
sales being transacted during current week.
no
-
§Reported In receivership.
-
.■
.
'
.
above—-"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
"w i," when issued; "w w," with warrants;
"x w," without warrants.
used
39%
84
84%
84%'
F-A
1953
$$—
74%
78
78
US
.
AMcdellin '7s
J-D„
&
J -J
sta mped
1951
\
•
v".
'•
$6>/4
listed
10
in
M-N
'
7
daily closing averages of representative stocks and bonda
15
.$20
$31%
14%
24
Indus¬
39%
•
Mar.
$40
44
1947
1927)_—_
Rail¬
$40
44%
•
Mar.
Mav.
:
16
17.
—^
_—
31.90
Mortgage Bank
of Denmark 5s_
81
$—
3-D
Utili¬
Rails
Rails
ties
102.90
32.12
61.05
31.86
60.13
49.46
31.88
60.49
81
86.51
102.15
98.06
98.05
100.53
102.91
86.58
102.18
102.87
86.39
102.09
100.48
102.81
86.39
102.04
97.93
102.96
86.55
102.14
98.04
103.01
86.71
102.14
98.09
18
:——•
166.92
49.56
31.90
60.67
100.51
Mar.
81
40
Bonda
<
100.52
■
Mar.
$19
J -D
1931
1972
Grade
100.69
61.05 -
50.11
48.90
'
AMortgage Bank of Chile':6s
10
Grade
trials
Stocks
167.62
50.23
Total
Second
Indus¬
60
166.24
15
44%
ties
,
i:
First
10
Total
165.39
167.62
13
44
-
Util-
roads
trials
Date-
Mar.
(issue or Oct.
20
25
34
Af-N
10
10
:
10
30
35%
A-0
-Bondft-
-Stocks-
15
25
1947
compiled by Dow, Jones & Co.
the New York Stock Exchange as
on
7%
V
Mortgage Bank of Bogota—
A7S (issue of May 1927)
A7s
13%
19
-.1919
6%s
Below are the
;
High
26%
-
65%
M-N
Waterways—
A External 6%s stamped
1952
ALima City (Peru)
6%s stamped_1958
Mmranhao stamped,'(Plan A)
Interest - reduced to 3%s
2008
\..
3 '
$60%
J-D
.—1955
5s
Port
Danzig
Low
26%
13%
Under-the-rule transaction (not included in
in year's range),
x Ex-div.
y Ex-rights.
Abbreviations
High
Loan—
Danish
External
No.
January 1.
No.
Mortgage Bank of)
(see
Bogota
January 1
(Col) —
April 1946
Jan 1947
7s
A20-year
Range Since
Sold
High
a
transaction
n
£»***-
J-D
$Friday's bid and asked prices;
A Bonds
being traded flat.
Bonds
26%
Range Since
Sold
Al
.—
value,
Odd-lot
Week's Range
Period
Curb
Bonds
High
J-J
„
(not included
York
Range
Friday's
or
Bid A Asked
—2012
(Plan
2%
to
Government
—
principal.
J-J
_
stamped
reduced
♦No par
Foreign Governments & Municipalities
New
Sale Price
ot)—
Janeiro
A Russian
103%
—2008
to
2%S
de
A5%S
BONDS
Last
Period
Exchange
.stamped (Plan A)
Interest
Interest
p. 4
1959
Curb
Low
77
102%
11934
York
High
Parsria
1954
income
A5s
Wash Water
Interest
BONDS
January I
Waldorf-Astoria
Week's
Friday
Range Since
Exchange
Curb
York
New
19
a_—_
169.67
50.40
32.29
61.64
100.49
-
97.97
Transactions at the New York Stock Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Shares
Saturday
United States
Total
Foreign
Bank
Government
Bond
(Number
Bonds
Number of and Miscel,
Week Ended March 19 ,1943
345,470
Bonds
Bonds
Sales
of
Bonds
■
$148,000
$781,000
691,070
Monday—
Slocks
Int'l
Railroad
Stocks,
•vv.'\
_
1,000
11,000
5,000
585,000
2,014,000
373,000
884.840
Friday
2,546,200
267,000
16,000
1,000
3,015,000
345,500
3,000
5,000
Total
3.368.5G0
$13,809,200
$2,140,500
$41,000
$24,000
233,000
285,770
143,000
259,848
158,000
272,280
229,000
1,305,913
$941,000
4,956,470
$24,000
*
49,444,017
3,765,750
$20,000
Bonds
U. S. Government
.
2,308,000
".
.
■
y*. v*
-T. 156.000
19,488,200
17,096^700
15,282,000
208,811,200
241,840,800
$16,014,700
$16,458,000
——
_•
Total
$230,871,400
Total—
1,230,000
—
Week's
STOCKS—
Low
Par
'
Arundel Corporation
Baltimore Transit Co
57o
1st
preferred
v
com
t
v
t c_
c_—
New
S
insurance
Amsterdam
100
Corp
14
_10
2
Casualty
Fidelity & Guaranty
14,'
14
50
series
40
244
14
Mar
23
Jan
10
144
Mar
150
Jan
General Capital Corp—_—
178
40
Jan
Jan
General
40%
-Feb
25%
25%
25%
220
25
47
47%
205
44%
28%
Jan
48%
Jan
Isle
1975
62
63
Mar
62
4.700
68
Jan
77
Jan
Loew's
■Friday
Weekca
Range
Sale Price
STOCKS—
"
American
Tel
&
100
Tel
Woolen
*
Copper
Son
Inc
40%
100
25
Shares
"
39%
Elevated
p«AaniPr!d
Boston Herald
v
High
Low
High
148
Mar
153%
Jan
148%
3,517
G82
36% Mar
44%
471
30%
Feb
34%
Jan
32%
17%
Feb
20
18%
210
115
117%
250
38
39%
1,847
115
36%
100
——
19%
*
7%
&
Maine
Week's
Jan
Mar
125%
Feb
Feb
41%
Jan
Jan
Jan
19%
19%
95
19%
Jan
22%
945
22%
Feb
26%
22%
prior preferred
class
7/c
A
cl
1st
C
1st
pfd
pfd
Providence
Last Boston
Co
:
footnotes
stamped
stamped
&
For
100
see
100
10
42.
35
6
43
6
5%
100
—100
RR
page
35
35%
5%
42
75C
43
75c
160
10
5
65
250
32
5%
Feb
Jan
5% Mar
'
38
7%
7%
New
—
$12,101,000
1,613,000
$11,969,000
1,911,000
426,000
154,000
$14,306,000
$13,868,000
for Week
Shares
Range Since January
71
23 %
66 %
Jan
71
Mar
110
81
Feb
87
Mar
750
23% Mar
5
71
87
24%
J
England
90
33%
2,050
31
29%
31
3%
15t
100
*
5
1
20
Torrington
Feb
United
Fruit Co
Jan
United
34
Feb
75c
Jan
75c
Shoe
Machinery common
S
Rubber
System
Inc
Waldorf
Jan
Westinghouse Electric
_
Corp
28
Jan
36%
Feb
Jan
3%
Feb
Jan
45%
45%
10
,
45% Mar
100
41%
Jan
105
*«.:•
14%
Jan
6%
Feb
31%
Feb
36
Jan
Jan
Jan
6%
'.6%.
10
31%'
10
1
Mar
16
7%
Jan
42''4
42%
41 % Mar
14%
15
190
14% Mar
17%
31
42%
54
31c
500
30c
Feb
45c
Jan
4,693
11
Feb
12%
Jan
260
83
Mar
c
83%
83
84
45C
43C
45c
31%
30%
31%
17%
17
18%
4%
3%
4%
6
6
„
25
91%
Jan
38c
Feb
69c
Jan
30
Feb
35%
Jan
869
16%
Feb
20
Jan
635
3%
Feb
4
50
5%
Feb
7% Mar
1,300
160
Feb
15
Jan
14%
Jan
38
Feb
35% Mar
42
Feb
13%
14
235
11%
12%
294
11% Mar
35
36
135
35
35%
36
60
52%
51
54
3,694
55%
55%
56
650
38%
39%
13%
13%
26%
27%
507
27%
V4
Mar
13%
13%
36
10
*
12%
Jan
36
49%
31%
Feb
Mar
41.21
31% Mar
Jan
11%
5
•
25
Feb
38.90
Feb
11%
*
Drill
Jan
3%
14%
*
Co
Twist
58%
42%
11"%
*
Assn
Jan
49% Mar
Feb
175
44%
—
Jan
31
26 V4
430
45%
2.50
Webster Inc
556
26%
3%
25
Quincy Mining Co
&
617
■■
40.07
*
Tel & Tel
Rexall Drug, Inc
Stone
51%'
100
2.50
System
Mills
Pacific
122
27%
40.00
1
High
Low
High
50
Electric
North Eutte Mining
U
43
21,611,488
Sales
Range
32
40.04
100
Pennsylvania RR
19%
RR—
$999,000
v
49%
*
pfd_—_____50
*.—--25
Service Cos
England
New
Union
Boston
,
1947
1948
12,025,144
23,000
'
27%
Feb
40%
Railway—
Traveler Corn
.
Central RR common—
Shawmut
Boston
(Del) C%
Theatre-
Boston
National
January 1
36%
143
17%
*
Boston & Albany RR
Boston Edison
Sales
for Week
30%
148%
50
Anaconda
Bird
&
of Prices
Low
Par
.
—
Nash-Kelvinator
Range Since
$792,000
184,000
"
Co
Mergenthaler Linotype
Exchange
Last
Jan. l to March 19
33%
1
preferred
5r'o
Bostcn Stock
Razor
Copper
Corp
Lamson
Mar
53
$5,000
$1,230,000
"
Copper—
Royale
Maine
American
Safetv
Gillette
Feb
23%
•
Electric
Kennccott
53
;
0
—
2.55
47
53
♦
common
Employers Group Assoc
First
National Stores
40
145
1975
A
Lines Inc
Eastern
Jan
16%
142
BONDS—
Baltimore Transit Co 4s
5s
SS
Jan
5
Jan
•„
87
—
.100
2.00 Mar
13%
95
.100
preferred
145
14
40
15
1st pfd
B
14%
2.55
*_20
Fidelity & Deposit Co
Fidelity & Guar
•
»♦
$19,000
High
Low
High
6%
6%
January 1
Street Ryseries A—
Mass
Eastern
Range Since
$270,000
of Prices
Low
Par
for Week
Shares
Sale Price
STOCKS—
Sales
Range
of Prices
245,000
EXCHANGES
Baltimore Stock Exchange
Last
213,000
8.000
-
ended march 10
Last
Friday
4,000
8,000
270,000
19,000
Friday
Sale Price
51,000
-
1947
1,121,932
$941,000
——
Foreign corporate
OTHER STOCK
for week
-
Foreign government—
$259,191,000
range
1,000
Bonds
Domestic
169,000
25,000
1948
1,305,913
Stocks—No. of shares
■ *
.
159,000
•:
Week Ended March 19
■;
$253,500
$264,000
f
13,809,200
Foreign
Total.
'
'
41,000
2,140,500
'
International Bank———
——
..r-.V/..-
131,000
392,000
'
TuesdayWednesday
61,143,020
/
$80,000
'
1947
1948
1947
1948
1
Jan. 1 to March 19
Week Ended March 19
Railroad & Industrial
244,015
Total
$6,000
131,000
$16,014,700
.—'i.-.
Stocks—No. of shares
176 575
.
Monday
2,830.200
1,160,750
-
^
Foreign
Corporate
$27,000
$47,000
Friday
2,392,000
3,086,000
Bonds (Par Value)
Foreign
Government
Thursday-,.--—i—
3,690.000
941,030
„-w.
Wednesday—
Thursday
•>_'
67,425
Saturday—.—
2,801,000
8,000
'
Domestic
Share)
V/eelc Ended March 19,1948
$933,000
$4,000
—
$11,000
422,000
2,367,000
_
.'
I.-,
933,310
Tuesday
u
33
Jan
Feb
56%
Jan
54% Mar
61%
Jan
55
38%
Feb
45%
Jan
10
13% Mar
15%
Jan
Feb
30%
Jan
48 %
25
\*P
'
-
34
THE COMMERCIAL
(1286)
&
Monday, March 22, 1943
CHRONICLE
FINANCIAL
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
MARCH
ENDED
19
Week's
Friday
Last
STOCKS—
Range
Par
Advanced
Alum
__5
Castings-.
Allied Laboratories
American
Tel
Armour &
Co
Co
Low
capital
21%
200
148%
2,500
121/4
1,300
1%
100
1%
7%
200
5%
12 Vi
850
7%
148%
5
1,500
10%
1%
100
4%
10
%
common-
Tel
&
High
5,%
100
39*%
200
148
3%
9%
American
Rolling
Jan
25
Jan
Bethlehem
Steel
Athey
Mfg Co
Corp
capital
3
>.
Bastian-Blessing Co
Mfg Co
Blnks
*
&
Laughlin
38
10
Corp
Mar
152%
Jan
Columbia
Feb
2%
Jan
Continental
6%
Feb
8
Jan
Curtate-
4%
Feb
5%
Jan
Parnsworth
32%
Feb
39% Mar
General
Feb
20%
300
17%
11%
200
11
10
common..—2%
Inc
Borg (George W) Corp
Borg-Warner Corp common
Co
L)
(E
16
10
16
10
Bros
100
16
Convertible
Cent
8
«
Central
Mar
100
common
Jan
Jan
100
92% Mar
32%
30%
32 Va
500
30%
10%
11%
600
Jan
34
-
Feb
14
Jan
92% Mar
34Va
Jan
Mar
16%
Jan
10'A
Feb
11%
Jan
6%
Feb
8 Va
Jan
4%
Jan
5%
6%
5,200
6%
6%
1
Sb Radio—
6%
100
5% Mar
6%
Feb
1,000
31% Mar
35%
Jan
3%
Feb
5%
Jan
4%
Feb
5V4
Jan
400
14% Mar
17%
North
10 % Mar
11
Jan
45%
52%
6% Mar
50
Jan
17%
17%
17%
150
16%
18%
Feb
Pan
Jan
Paramount
Feb
Mar
10%
1,200
4
4%
500
4
1%
1%
100
1%
9%
•
11
9%
*
4 %
4%
5
1,000
'
700
15%
14%
15'A
Jan
12%
Co
13%
300
12%
Feb
15%
Jan
15%
10
15%
100
14% Mar
16%
Jan
4%
2,500
Jan
44
50o
pfd
33
4
5
4
Corp
American
50
200
•
—
Lt
&
32'A
33
Central RR capitaL
York
400
1
common
Pr
30%
92%
Co
Nash-Kelvin a tor
10%
1
common..
Corp
Util
400
92%
32 Va
Jan
17
Feb
15
Jan
13
12%
9% Mar
50
10
preferred
w
States
32%
—
new
Feb
9% Mar
12%
Packard
4
Motor. Car
Amer
Feb
1%
100
10%
Feb
11%
Jan
8 Va
Feb
9%
Jan
8%
120
Purs
Oil
1
9%
20%
4%
300
15%
15%
17%
26%
29 Ve
5
Jan
Feb
9%
Jan
21%
Jan
.
400
-29%
Feb
8%
18 Va Mar
500
19%
1,300
33%
(The)
Co
8%
20%
15% Mar
23%
Jan
30
Jan
x25%
Feb
8
Feb
Jan
2,600
9%
8%
Jan
Mar
'
11
9
—
6
4'A
Va
9%
Airways Cory
Pictures Inc new com
Pepsi-Cola Co
Secur
Feb
31
'
Motors
Electric
44%
10%
12'/a
common
111
29Va
Products —
& Electric
Wright
Television
46% x47%
5
Carr-Consolidated Biscuit
Central
Feb
26%
Gas
50
5
common
Burton-Dixie Corp
Butler
26%
Graham-Paige Motors
Laclede Gas Light
18%
11
11%
1
New
Bruce
600
28 %
Jan
14%
18%
1
Manufacturing Co capital
Bliss
Jan
14% Jan
28%
12%
~
3%
•
common-;
common
Brewing
Berguoil
~7%
4
Corp
Mfg
Belden
1
common
Products
Avco
11%
Feb
.100
Fe—-_
common
11% Mar
148
Certain-teed
Asbestos
common
12%
..50
Copper Mining
11'%
Feb
21 % Mar
900
..10
Mill
Topeka & Santa
Atchison
High
2% Mar
1,000
13
12%
& St San com.
Radiator
Anaconla
4% Mar
Feb
Low
2%
2%
•
——
American
High
Range Since January 1
High
—1
Alleghany Corp
Range Since January 1
21'A
10
8tock»—
Unlisted
Shares
4%
Ball Bearing common
Aetna
Shares
Low
Par
for Week
Low
for Week
of Prices
Sale Price
Sales
of Prices
Sale Price
Range
Last
Chicago Stock Exchange
Sales
Week's
Friday
STOCKS—
9%
POO
8%
400
23%
100
8%
V 9 %
Radio Corp of America common.
Radlo-Keith-Orpheum.
8
Republic Steel Corp common—
8% Mar
8% Mar
common.
7%
9%
Feb
Jan
8% Mar
*
23
Feb
26%
Jan
1,300
14%
Feb
VI7%
Jan
100
69'A
Feb
78%
Jan
11%
23%
Feb
14%
Jan
16% Mar
21%
Jan
,
Cherry Burrell Corp
Chicago Corp common
5
common
1
Convertible
preferred —_
Electric Mfg class A
Chicago
21
Chic Mil St Paul & Pac vtc
10
10%
66
66
33%
33%
—
•
:
400
10%
•
Chicago & South Air Lines
21
66
—*
pfd
21
25%
Jan
Standard
Oil
Standard
Steel Spring
Feb
12 Ve
Feb
66
100
32
Jan
33% Mar
5%
200
7%
Feb
9%
Jan
5
Jan
6
Feb
50
N- J
of
Jan
9%
64%
Chicago Towel Co—
16
Socony Vacuum Oil Co Inc.—i——15
Mar
1,800
8
5%
—
Mar
350
7%
*
21
Studebaker
&
A
——
common
.—1.
__
17%
v.16%'
17%
300
—1
Corp
Co
'
'72 />
72'V
—25
—:
Sunray Oil Corp
United Corp
Wilson
15%' 16
v
10%
-;io%
10%
910
13
-
......
9V»
Feb
11%
Jan
2 Va
200
2 %
Feb
2%
Jan
13 Va
200
12%
Feb
16%
Jan
2%
common
:
'
Convertible
preferred
Chrysler Corp
Coleman
Co
—'
115
■
57%-;
-
5
.
54%
200
31
26
27
115
30
57%
30
25
common
115
27
Mar
52%
150
637/e
Feb
30
Mar
25%
4,400
115% Mar
Jan
39
Jan
28%
Feb
Jan
Cincinnati Stock Exchange
Co—
Cumulative
Crane
Inc__
Edison
_*
2%
(new)
common
(The)
Commonwealth
Consumers
—
Co
preferred
50
—;
Dodge Mfg Corp common—
Doehler-Jarvis Corp —
Eddy Paper Corp (The)
35
35
25
(new)—
common—;
29%
29%
10
8%
20
—
Feb
35
Jan
V.
9
29% Mar
250
29%
30%
90
5
•
x34%
100
90
29% Mar
8% Mar
45
10%
36 %
Jan
Feb
95 Ve
Jan
82
Par
American
Laundry Mach
Mills
of
America
Inc
;—5
Four-Wheel
Drive
Auto-—.—
brewing common
14%
10
Fox
IV4
(Peter)
8%
12
12
15
500
14%
200
8%
13
7%
550
•/
Feb
16%
Jan
Feb
9%
v
-v
•
.
Jan
Cincinnati
General Mdtors Corp
Gibson
Safety
Gossard
Co
Co
Razor
W H)
(
10
common
Refrigerator
Gillette
8
7%
30
*
-•
•
common
Great Lakes Dr & Dk
50%
1
common
common
*
common
16
16'A
50 Va Mar
1,100
450
8 Va
30
17%
•
51%
-
7%
100
17%
28
250
16%
58
Feb
8%
Feb
31
17% Mar
4,200
15%
21
Feb
16%
Jan
Jan
Formica
Jan
50
-
common
Harnischfeger
Corp
common
Brew
Co capital
Hein
(G)
Werner
Hormel
Corp
Co
&
A)
Brick
Illinois
Central
Co
Independent
Indiana
Jim
Drug
Kellogg
Libby
Co
28%
10 V*
Jan
30
Mar-
Jan
11
18
41% Mar
42
Mar
3'/a
300
3 Ve Mar
9
1,800
10
Jan
200
9%
Feb
13
fr
U
32 Va
23%
800
21% Mar
Printing
$3.50
Co
200
21%
Jan
22
7
4
5%
160
4%
50
12
50
6'A
Feb
4
Feb
4%
Jan
12%
950
8%
8%
350
6%
8'A
8%
200
8%
Feb
preferred
16%
17
*
Lindsay Lt & Chemical common
*
Marshall
•52
<V
*
Field
&
Co
Food
Mickelberry's
common—
Products
71
17
12
300
52
Mar
•
5 'A
14%
72
22%
52
650
22%
200
9%
10
common
Chemical
Monroe
Co
Ward
Montgomery
common
&
7%
vtc
Co.-
.
9
National
Standard
Noblitt-Sparks
Northwest Util
10
common
Ind
Inc.—
Bancoip
7%
00
7%
-J*
32%
32%
Peabody Coal Co
class B
Pennsylvania RR
Potter Co (The)
capital
20%
4%
100
20%
20%
50
165
145%
—1
common
-
Schwitzer
Jan
STOCKS—
...~v.r,.
'
'.'-.v.:-'
.
Jan
&
Co
•
29
1
Jan
American
Ma,*
American Home
Coach
7%
Body
26%
Jan
Jan
Chesapeake & Ohio RR__.
City Ice & Fuel—
Clark
10
4%
Shellmar
Prod
Steel
Signode
Oil
Society
Corp
common
Strap
common
Brand
Bend
South
Spiegel
Jan
32% Mar
37%
20% Mar
20% Mar
Controller
Cliffs
—
Clothes
common
Works capital
Lathe
Inc
Iron
$4.50 preferred
Container
Sundstrand
Swift
Swift
capital
International
Ctfs
common
Tool
common
stock
6%
J
Feb
Jan
Co
(The)
Eaton
Trane
208 So
Co
21%
50
135
Feb
150
700
7% Mar
8%
Jan
Firestone
Tire
Jan
General
Electric
General
Motors
6%
Jan
9
Jan
Feb
20
Jan
Goodyear Tire
4%
Feb
Jan
Gray
150
12%
50
34%
1,600
27%
5%
33
32
28
12%
1
"8%
5
23
Feb
7%
26
31%
Jan
15
37%
Jan
900
300
7%
100
33
Co
common
Drug
'
•
98
*
Halle
Bros
Westinghouse
Wisconsin
8%
Industrial
Rayon
♦
Iron
:
1,300
Feb
18%
400
8%
27
lOVs
Jan
12%
33
Feb
7 Ve
Feb
30%
Feb
Martin
McKee
Jan
Medusa
(G
L)
(A G)
>
Jan
National Tile & Mfg
9%
Jan
N
/ 24% Feb
36% Jan
Y
Central
RR
Oil
(Un)
18%
200
18% Mar
21%
Jan
53%
100
52%
58
Jan
,
RR
16
16%
750
161
31%
600
28%
45
120
44
100
94
98 Ve
68
98%
70
500
Feb
„
21%
Elec
Yates-Amer
&
Mfg
com
12%
common
*
common
Mach
Jan
Standard Oil of Ohio
Feb
37
Jan
Mar
Thompson Products
48
Jan
Twin
Feb
Coach
100%
Jan
Mar
78%
Jan
25%
Feb
29%
Jan
10
Vlchek
Feb
11%
Jan
White
14
Jan
14%
Jan
68
U
S
Steel
common
*
Jan
35%
Jan.
58 Vt
Jan
Mar
27%
Jan
Mar
44Va
Jan
100
14
Mar
17
Jan
'Jan
capital.-
2
5
11
--
26%
27%
900
10
27%
10%
15,100
11
13
11
13%
Van
100
10% Mar
100
13
Feb
*
For footnotes see page 42.
Dorn
Iron
——-
V —■:
Youngstown Sheet & Tube..
Youngstown Steel Door (Un).
Mar
Jan
49%
Feb
Jan
11%
Feb
14V4
Jan
31%
Jan
32%
Jan
12
Feb
13 "A
Jan
50
11%
135
10
Feb
12%
19
19
100
14%
Jan
20
Mar
25
250
24 Va
Jan
35%
110
33%
Feb
.
26
1.350
3
1,040
.
Jan
e'A
Jan
4
4 Va Mar
Mar
40%
•
4%
Jan
Jan
2%
Feb
12%
Feb
15 %
Jan
35
%26%
Feb
33
Jan
a
30'A
—
50
"
16%
20
Feb
Jan
a9
a9Va
35
7%
Feb
23%
23%
135
22%
Feb
27
Jan
7 41V4
43%
885
41
Feb
46%
Jan
427
24%
Feb
31'A
10
39%
25
—
*
■
•
"25%
a47% a47%
a9%
a9%
a67%a69%
8
10
1
39
76 Ve
25
32
■
al7% al7%
-
~
•
80
V—
I—♦
.
39
a30 V4
(Un)
Works
'
-160
12 »A
3
1
_
Tool
Motor
21
n
38
.
Feb
al2%al3Vi
'
lo
—
50
50'/a Mar
62
....
32 Va
4%
»
common
common.*..
43
31% Mar
35Va
—
(Un)
Jan
11% Jam
25
.
*
55%
Feb
20
*
—
"50
.
Jan
Feb
9V»
20'A Mar
•
»
(Un)
31
47'A
50
a*0
32
—
«
Radio Corp of America
(Un)—
Republic Steel (Un)
Richman Bros
26% Mar
280
88
——
Feb
38 Va Mar
75
1
1
81
Feb
50
V
all% all%
■
Jan
75 % Mar
34%
185
32%
—
Ohio
15V4 Jan
100
4
:
Feb
i;
I—"♦
(Un)
Jan
12%
11
V
Mar
Metropolitan Paving Brick
16
76
*
...
Cement.—
Jan
Feb
20Vt
iq
class B
Portland
Jan
32
14
30
v
14 Va
12'A
i
451/4
.28% Mar
a417/a n41%
'
1.
39% Mar
;
76
Trans..,
(Un)
14%
Feb
19%
Jan
Jan
20V4.
—
—
.
Jan
153%
131
,
a21%
14%
Jan
Jan
Jan
147% Mar
50
a9%
a21
*
&
V
26% a26%
a39%'
—
7% Mar
*
/
—
1
Steamship
24%
>i26 V
%
a43% a43%
—V-.
5
(Un)
Interlake
Kelley Island Lime
19% Mar
Feb
429
a51% a51%
■■■--ivfV",
—100
;
Feb
20%
121
a32% a32%
—
•
(Un)
Jan
30
2,750
'
'•p.-
Jan
16%
10
16
77 »A
a9%
3%
3% Mar
60
v
a48%a46%
<
(Un)jL;-—•
1
270
13%
a38
High
Low
3'A
-
>
7
8
10
a
18%
10
67%
*
a
14%
a
Jan
Jan
Feb
48 Va
Jan
9% Mar
14%
Jan
113
67% Mar
78%
Jan
'.10%
Jan
270
50
19%
122
67%
a
9%
60
V -
Bankshares
Indust
Jan
Range Since January 1
10
a
(Un)—10
(Un).,
common
Jan
31
70
Jan
Jan
Sales
Shares
18%
75'A
--
*
14
44
Ve
,
for Week
High
a38
.
1
Rubber
&
32%
'
.
Wood all
16%
—
45
71%
45
50
Jan
Feb
Feb
Exchange
13%
V-
4
Stores
Feb
6'A Mar
100
31%
Mar
25
10
12%
24
(Un)
Lamson & Sessions
6%
31
"
•
Feb
40
168
•W4
•
com
(Un)_—__25
common
15%
300
18%
2
62%
48%
69
29%
Jan
53%
5
common
141
28%
«
common
11%
400
/
25%
23
—
1.000
12
7%
Glidden
Interlake
17%
33
25
St Corp
Union Carbide & Carbon capital
U S Steel common..—
391
53
al5 JA al5Vi
13%
Great Lakes Towing pfd
Feb
12 Va Mar
Ltd—
.
(The)
65%
48%
Ve
a39% a40%
28%
1
■
& Rubber
Jan
16%
29%
V.
Jan
Pennsylvania
La Salle
Jan
3%
—
Thor Corp
29
Feb
Mar
23
85
18%
1
Manufacturing
650
6%
|
•
25
—
Jan
24
Low
—
*
Erie Railroad (Un)
800
25
'
deposit———
of
Texas Co
46%
of Prices
1
•
--—100
—
Graphite Bronze
1,900
11%
common.-—.5
Corp
Mach
Co
&
Corp
capital
40%
al48Veal48%
common.
Electric Ulumln.
5%
27%
2
common—
Stewart-Warner
1
5
r' 152
a21% a21%
——
Cleveland
7%
16%
12
—
Jan
42%
Range
Sale Price
—.
19%
170
33%
28
*
•
St Louis Nat Stockyards
Stone
•
Corp
9% Mar
Jan
7
16%
Week's
Feb
53%
Feb
12%
'
25
——
Jan
Jan
'
Sinclair
Jan
Jan
19%
100
Jan
160
29
.—
Jan
24
58
-
13% Mar
1
(Un)
9
10
8 Ve
V
5
13
>
Feb
■
Products (Un)
American Tel & Tel
18%
5
.
22%
.
16 "A Mar
64
50c
&
Mar
7%
12%
•
701
9%
4lVa
Par
17%
5%
capital
Cummins
Roebuck
7%
capital
Sangamo Elec Co common.——
Bears
5
165
145% 149%
8 Ve
50
common
64%
Feb
48% Mar
200
20%
pfd
—100
7%
preferred ———-—100
Oak Manufacturing common
1
.
530
Last
70
7% Mar
90
300
20%
lien
prior
-
261
Friday
52
Jan
9% Mar
7%
1,250
4%
50%
32'A
5
•
common
Feb
Mar
16%
Cleveland Stock
Cleveland
Northwest
21
51% Mar
13%
48%
Jan
21%
22 Va Mar
2,900
4%
^
——
50%
•
19%
Jan
Jan
23
23
9
'
—•
-
81
.
42 Ve
•
Cleveland
Miller Ac Hart Inc
8%
Jan
9%
J
Mar
44 V*
200
8%
9
V
.
Jan
Jan
Mar
9
16% Mar
16
58%
1
West Corp cap ex-distribution.-
Middle
12
.■>•
8%
16%
_
5% Mar
•
Jan
8%
--
169 :
:
55
"
_1
common
20%
73% Mar
,.,<38
.
Akron Brass Mfg
Lincoln
74%
7% Mar
23% Maf
22
4%
7
Jan
9% Mar
Jan
7
•
Jan
21%
Feb
8% Mar —
13%
9
-
96
22%
9%
...
Printing.-
26
Jan.*
52%
9
G
s
Feb
93
637
21
Jan
Mar
28
21%
5%
P
23
101
8
51%
*
Kroger
Lunkenheimer
273
94
51%
16%
..
Kahn
Preferred
650
29 Ve
4Ve
22
•
.
9
_
23%
32%
*
:
0
Hobart class A
18
21
•'
...
Jan
41%
28
_1
common
24 Va
Jan
10%
9 Va
common.——1
Libby
900
Jan
22
3 Ve
10
-*
common
r
11%
Feb
10%
common——1
common..
9% Mar'
18 Va
950
^
15
20%
#
Jan
41%
■
--
com—•
com
pfd
Inc
Switchboard
McNeill &
27%
100
Tool
Light
$6
Stores
Brown
Katz
&
Products
Power
28%
10
common
Power
Steel
Interstate
capital--
650
'
22
*
com
Pneumatic
Indianapolis
10
20
1
RR
9%
21%
3*
Hupp Corp common
Illinois
10
1
(new)
(Geo
1
10
High
159
73 7 b
74
__
Hatfield
Hammond Instrument Co
Helleman
Low
8%
7%
10
v
Gibson Art
.
18%
8
_
_
.V-.
94
94
2
Eagle-Picher
Jan
■
29Va Mar;
8%
.100
__
Telephone
/..v.-
..
Range Since January 1
50
29%
18%
common.—.
Street
•
•
$
■
Preferred
Cincinnati
.
.
High
29%
C
-
.
————
Cincinnati Gas
Jan
19'A
Shares
23%
,
Champion paper & Fibre.
Churngold
Mar
11
for Week
Low
20
.
-
Flour
Range
of Prices
Sale Price
A
Sales
Last
•.
.
STOCKS—
Jan
29% Mar
300
Week's
Friday
14%
7
9%
Mar
10%
Jan
-
19
Feb
50
65%
Feb
10
14'A Mar
Jan
23%
Jan
tq 5,«
Jan
Number 4683
167
Volume
the commercial
c;'
&
financial
chronicle
/•'
OTHER STOCK EXCHANGES
^
Week's
Last
Watling, Lerchen & Co.
.■!
'
'■
Sale Price
National
City Lines Inc
Corporation Ltd
Northrop Aircraft Inc
Occidental Petroleum Corp..
New York Stock Exchange
New York Curb
Associate
Detroit Stock Exchange
Oceanic Oil Co
Pacific
DETROIT
Clay
1
__1
—.————,
Products
1
2,15
Elec
Exchange
Friday
Week's
Last
STOCKS—
25
_—_____
common
—
Hoover
Ball & Bearing common
Howell
Electric
53%
Feb
59%
Jan
195
21%
Feb
23
■'
33% Mar
34%
Jan
1,050
6% Mar
8%
Jan
6%
6%
6%
6%
4%
5
1,100
20%
21
20%
Klnsel
Drug
Kresge Co
LaSalle
Wines
McAleer
5%
Masco
5
Mar
Jan
Mar
20%
Feb
21%
Jan
2%
Feb
2%
Jan
16% -16%
100
Mar
18%
Jan
1
91c
94c
200
90c
Feb
1%
Jan
18%
18%
150
18
Feb
23%
Jan
5%
6%
1,145
5%
Feb
6%
Jan
7%
7%
2,150
6% Feb
8%
Jan
4
5%
Jan
5%
Jan
9
Jan
^
7%
.
^
;
4%
3%
4
4%
4
7%
620
475
7%
22
Feb
7% Mar
256
7%
Mar
3%
100
22
7%
16
20%
200
23%
Feb
Jan
8
Jan
7
Jan
9 7a
9 7a
100
8%
1
372
3 %
100
372 Mar v
47*
1
172/
1 72
1,050
1% Mar
174
Jan
Mar
3774
Jan
Jan
27a
Jan
>
__
10 '
common
common
33
33
__2
*
33
15
Jan
Jan
100
27a
4 Va
7
100
478 Mar
474 Mar
100
674
Feb
7
100
17a
Feb
l7a
•7
17a
1
166
Feb
27a
474
10
Products
33
27a
1
preferred
Screw
7%
4
1,900
Mfg common..
conv
6% Mar
5,019
—
(S S)
245
2%
2%
1
Products common
Kingston
7
•'
Kaiser-Prazer common.
Oil
Motor Products
1
common
17a
National
Mar
Jan
25 V4
Parke,
Motor
193/4
2%
272
*
4%
Car
Davis
Peninsular
Pfeiffer
25%
Richfield
Products
474
28
28
5.
5%
—1<
W)
River Raisin
Superior
Timken-Detroit
Tivoli Brewing
Udyllte
U s
Axle
common
Corporation
Radiator
1
Feb
213/4
Jan
2574 Mar
100
19% Mar
l93/4 Mar
274
200
Feb
278
Jan
Chica
1572
Feb
3
17 3/4
130
6
6
Corp
com
17% Jan
37%
Jan
47
20
51
Jan
a30y8
a307a a30%
200
Security
Sierra
Oil Corp
Trading
1472
650
13
Feb
157a
%
23/a
2 74
2
Jan
Shares
Jan
Feb
2% Mar
Feb
274
55c
Mar
Sinclair Oil Corp
Solar Aircraft Company...
•
1
17%
1774
17%
1,160
15 7e
Feb
18%
10%
11
900
8%
Feb
11
Jan
Mar
25
25%
25
25%
2,438
25
...25
26 V4
2674
267a
862
Southern Calif Edison Co Ltd
4.48%
convertible
preferred
So Calif Gas Co 6%
6%
com
preferred
cumulative
4.32%
pfd
Standard
Transcon
Union
Oil
United
Corporation
Western Air
&
California
of
Products
Aircraft
United
Cory
Universal Consolidated Oil Co
Lines
Air
Feb
Radio
55c
55c
100
13%
13%
4,852
10%
18 %
,18%
18%
200
177/8
Feb
6%
6%
525
6y4
Feb
8%
8%
1,816
10%
11
3,150
4
57
561
54%
14
584
16%
417
16
31%
32%
400
1'
Mng Co
Development
Unlisted
Ltd..
Co
Airlines
—>-
—
Rolling Mill
Smelting & Refining Co
61
435
50%
24%
390
21%
13
410
13
V 65c
62 % c
65c
2,500
a305
a305
a305
6
6%
2,625
—1
-2
-
10
common.
*
com.
S
1
*
Lincoln Petroleum Co
Lockheed Aircraft Corp
Mng
■
Toneka
Atlantic
Refining
Avco
Fe
Santa
&
Co
&
Dev
-
Feb
Mar
Jan
24%
Jan
Mar
Feb
Feb
5Vi Mar
8% Mar
350
10
Jan
Jan
16
Jan
137a Jan
Jan
20
Jan
24
243/4
1,508
21%
Feb
26%
Jan
4%
4%
69
39
Feb
25
7
Jan
Jan
45
Jan
774 Jan
37a Mar
47a Jan
3%
3c
335
4c
3%
3,000
3c
Mar
4%c Jan
400
70c
Feb
1.45 Mar
9,000
2c
Mar
1.20
2c
3c
83/4
974
560
123/4
13
540
123/4 Mar
147a
a267a a277a
190
277a Mar
28% Mar
48
267
48
56
1487a 148 3/8
1,174
32
3274
357
32
11%
ll3/a
100
957a
a303/a a307/a
285
91
77
a...
5
350
1074
1
13
a27%
48
32 %
5
957/a
Ry—100
25
Co..
927/8
5
5
3
5c
Jan
Corp
7%
9%
Jan
Jan
Mar
57% Mar
Mar
43%
Canadian Pacific Railway Co
(J
Jan
297a Mar
30%
32 7a
360
30% Mar *
a2674 a273/4
270
233/4
323/a
a273/4
a39
I)
Co
-—
Caterpillar Tractor Co
Cities Service
—r
Company
25
—25
*
10
Company
*
25
Commonwealth & Southern Corp
a!072
a37s/a
10
a9%al0%
Edison
Edison
Consolidated
Co
Aircraft
Vultee
(N Y)
Corp—;
Zellerbach
Crown
164
1
1
Class
A
Electric Power 8$ Light
General Electric Co
General Foods Corp__
Corp
General Public Utilities Corp
Jan
"Goodrich (B F) Co
*
International Nickel Co of Canada—•
Interlake
Iron
Corp
Co
International Tel & Tel
Kennecott Copper Corp
International
Paper
Corp
33
367a
1174
520
10%
Feb
11Y4 Jan
a26 a277n
193
25% Mar
23/«
320
2874 Jan
27$ Jan
24
27a
2.25
2.40
7,000
15%
15%
530
15Va Mar
21
92
15% Feb
17%
&
1.25
34c
-
22%
Feb
Loew's Inc
Jan
2.60
-15
McNeil
Company —
McKesson & Robbins Inc
Montgomery Ward & Co, Inc
1.15
1,925
20
3.351
270
14
Jan
Jan
Nash-Kelvlnator
Feb
Nat
200
2%
3
10.410
1.05
1.15
4,300
1.05
1-05
150
90c
1%
Feb
1.40
Jan
20
Mar
Jan
270
2 74
Feb
Jan
Jan
Jan
20O
227a
133/4
15 Vb Mar
Jan
67a Mar
Jan
874 Jan
50% Mar
50
507a
190
50
2874
436
277a Mar
5 7a
63/a
2,894
23%
23 7a
233/a
465
al7 7a
al8
185
327a
33
1,077
Mar
35%
Jan
a34 74 a357a
150
3474
Feb
3474
Feb
465
117a
Feb
1274 Jan
517a
Feb
Mar
307a
Jan
Feb
67a Mar
Feb
474
12
Distillers
Corp
Prod
127a
47a
23% Mar
195
10V4 al0%
140
127a al27a
50
a25 7a a2574
400
a44 7a a457»
7a
a25 74
116
a
al23/a al27a
45
/.
Central RR
American Aviation Inc..
North American Co
Northern Pacific Rwy Co_...
373/4 Mar
1.25
Jan
3ys Mar
1.30
Feb
1.05 Mar
1.50
Jan
Ohio
Oil
Packard
Pan
Motor
Car
co
American Airways Corp
Paramount
Pictures
Inc
Jan
Feb
Feb
11%
10%
12 Va
Feb
27
Jan
2574 Mar
■
—
Jan
a-.
12%
Jan
13% Jan
42%
Feb
46% Feb
5
5
1,200
9
j
4% Feb
280
87a
Feb
85
167a
Feb
5
Mar
9%
Jan
18
Jan
alO
10
317*
175
3174 Mar
3174 Mar
a50
a473/a a507a
505
483/4
52% Jan
157a
250
al9%
al9% al974
60
123/4
13%
770
11%
127a
2,904
97a
Feb
12% Mar
15 7a a 15 7a
15
153/4
Jan
16%
alO
31%
18
*
—5
*
1
10
..100
157a
—
1272
a
a—
a._
Feb
19%
...
157a Mar
1774 Jan
1874
20
Feb
1274 Mar
15%
Jan
Jan
Jan
193/a
150
177.
Feb
19% Feb
a29 V* a307a
100
Feb
303/4
18.7a
Feb
---*
43/e
43/B
380
2674
47a
Feb
5
2.5n
1
a97»
19%
a974
75
87e
Feb
9% Jan
207a
278
18%
Feb
20% Mar
*
Company
5%
Feb
10
a—
51% Feb
38
70
87/a
1
Corp...
New York
r
1574 Jan
450
45
al7 al77/a
Jan
33/4 Mar
300
37%
4
3774
a 12
153/4
32
10
a47 7a a477a
a
20
Jan
Feb
95c
Mar
277a
Jan
Jan
1.10 Mar
14%
276
63/a
7a
Feb
217a Mar
280
6 3/4
377a
50%
28 7»
63/a
—
—
Magnavox
North
18%
157a
15
4
Jan
Mar
248
7
26%
38
333/4
*
Libby
570
12% Jan
58% Jan
a217a a217a
15
*
Laclede Gas Light Co—
9%
Mar
53 7a Mar
478
Llbby,
22%
10
50
100
a267a
33
a34y»
12 Va
Jan
22
Jan
1074 Jan
117a
*
Jan
8%
Jan
52
Feb
33
-*
*
•
14 »A
Feb
41
Jan
874
a535/a a56 7a
•
1
1
5
—5
(Del)..
Corp
Jan
257a Mar
a378/a a37%
•
Commonwealth
35
47
255
a8 3,4
a39
a8%
Feb
397a Mar
25
a463/i a48 7n
*
Budd Co
Case
Feb
3574
Feb
5
15
5
(The)
Company
11%
Feb
100%
8%
5% Jan
107a Feb
Feb
2.350
Feb
27%
1178 Mar
Jan
Jan
4%
33
92
22c
Jan
97%
Jan
100
351
97%c Feb
Jan
147a
611
830
-
Jan
34%
110
92
3,6002,500
1527a
Feb
11% Mar
35
11%
31c
1487a Mar
297/a
92
1.15
Jan
Jan
35
10%
3
12% Mar
1.05
Mar
974 Mar
287a
100
Greyhound Corporation
Mar
320
Jan
Jan
Jan
5
*
RR Co——
Co
*
1
*
39
1.55
1%
'■
—5
Ohio
Oil
Aviation
Great Northern Ry Co pfd
51
„v
4% Mar
777b
1.20
1
25c
Graham-Pafge Motors Corp
220
%C
4*V4i Mar
67% Mar
870
Jan
2,255
97 %C 97
310
546
;
42
Jan
39
270
110
Feb
187a
a7%
14%
12%
1.10
2%
Feb
107a
40%
95c
51%
9%
Co.——1
295
127b
81
28c
1
13%
35
a7 3A
al6 a 16%
20
100
1,859
Jan
17%
32% Jan
39
1
1
r
60c
Jan
51
1.15
Jan
all
42
11%
2.25
15 %
1,235
a7%
50
Corp
Mlg
Continental Oil Co
11%
92
10
10c
1
...100
8%
1,500
107a
10%
4%
..100
Continental Motors Corp
635
—
10c
Mascot Oil co
:
Menasco Manufacturing Co
Merchants Petroleum Co
Oil
12%
51%
•
8%
—
1
investment
■C 5%
6.66%
,
9% Mar
435
13
--
11% Jan
243A
10
•
.
Copper Mining Co
Co (111)
&
Feb
147a
Feb
»
60
.
62 y4 Jan
\
Stocks—
Jan
4% Mar
63%
12% Mar
24
;
50
Jan
974 Feb
Mng Co
10
Mng Co__—10c
S
Cons
I
29% Feb
Corp
Feb
55
Mammoth Cons
Chollar G &
Curtiss-Wright Corp common
v
44%
10%
Jan.
Mining StocksAlaska Juneau Gold
31 Ya
Feb
13
695
j'
48
573A
25% Feb
1
29
Mar
20% Mar
16%
-1
Kaiser-Frazer Corp
Lane-Wells Co
Diablo
4%
300
-
34% Jan
10
Inc
Jan
Feb
28
11
1,015
Jan
13% Jan
15
21%
50c
.
7%
Feb
16%
_
Mt
7%
56%
♦
Jan
Jan
Jan
Mar
Mar
20
10% Mar
a2S'% a28 %
10%
Feb
67%
25
♦
Columbia Gas & Electric Corp
57
14
4
Intercoast Petroleum Corp
Jade Oil
Company..,.
67/e
24
77%
13%
Jan
13%
1
High
Low
Feb
9%
32%
Jan
Range Since January
52%c
*
34%
813
33
Jan
a20 7a a21%
50o
Inc
Steel
States
Jan
al07/a
lo7/a
5
common
3474
107a
10%
2
Inc
80
57%
1
50c
Transamerica
28% Jan
1,225
46%
*
Textron Inc
29% Jan
25
24%
327a
32'A
•
Sunray OH Corp
Mar
2674 Mar
a32% a327a
25
Pacific Company
Oil Co of Calif
Southern
Jan
136
22%
247a
24
25
preferred A
Borden
Feb
32%
10%
Mar
Feb
Boeing Airplane Company
21%
12%
17c
32c
Borg-Warner Corp
30
4%"
Feb
10
8,100
*
Jan
Sales
of Prices
4%
Jan
122
130
35c
Armour
for Wjsek
20%
12c
1,500
33% Jan
33c
Anaconda
2
1,700
Range
21V2
Feb
Jan
130
Jan
172
Week's
8%
11%
Mar
28%
Mar
34c
Jan
16%
157a Mar
100
3,834
17a
13c
46
7
2074
1
1772
Feb
a20% a21 %
Corp.
Hilton Hotels Corp
Holly.Development Co
Hudson Motor Car Co
Hunt, Foods Inc common
Los Angeles
13c
25c
674
10
4%
Tire & Rubber Co common..'
A
47
15
Corp
a
17% Mar
Signal Oil & Gas Co class A
Signal Petroleum Co 01 Calif
12
Feb
715
214
al5%
15%
30
Co
Shell Union
Amer
10 72
15 7a
*
1
Feb
Feb
American Tel & Tel Co
1,350
■
47a
Feb
Jan
13 3 4
14 y2
a28%
17% Jan
15%
Jan
5%
235
6
•
Jan
Jan
32%
372
5%
-
Fttzsimmons stores class A_
Garrett Corporation (The)
Co
580
7%
1.10 Jan
1574
216
19%
10 7a
Farmers & Merchants Nat'l Bank__100
Oil
1,950
18
Feb
Feb
211
2% Mar
/
High
Exeter Oil Co Ltd class A
Hancock.
6%
5%
85c
167a
173/4 Mar
300
1734
27a
2%
2.50
0
Douglas Aircraft Company Inc
Dresser Industries Inc
Goodyear
6
17%
22 %j
400
•
33%
Consolidated Steel Corp
Creameries of America, Inc
General Motors Corp
226
American
—1
&
16%
820
a33% a347a
Imperal
20
Farnsworth Tele
16%
Jan
1
Co
Products
1,800
Jan
5%
Preferred
Electrical
1.00,
8%
California Packing Corp common——*
Central Investment Corp
20
Iron
57/a
95c
a33%
Jan
Low
Corp
Cessna Aircraft
5%
a
67b
1
10
Broadway Dept Store
Chrysler Corp
Colorado Fuel &
26% Feb
25
57/a
•
333/4
*
Oil
Jan
25%
25%
1
1
Feb
Par
Bolsa
Feb
Mar
63/4 Mar
2
1
*
2374 Mar
41
1,780
Sale Price
Bendix Home Appliances
Blue Diamond
Corp
53
23% Mar
Sears Roebuck & Co.—
Cons
14%
Last
Consolidated
4774 Mar
100
Seaboard Finance Co
Jan
4%
800
Friday
Barnhart-Morrow
Feb
Jan
378
23%
6%
47/a
Angeles Stock Exchange
Basin Oil Co
51%
1
Bethlehem Steel Corp
common
Feb
49
5
Bendix
Barker Bros Corp
Feb
20
1
Barnsdall
Company
317*
Safeway Stores Inc
Baltimore &
Petroleum
283/4 Mar
49
774
7
714
1
Bandini
695
Feb
American Radiator & Stand Sah'Corp.'
STOCKS—
Jan
29%
28%
Feb
Jan
*
Los
35%
49
4
1
Mar
2.50
common
Co
Atchison
common
33
163/4
Mar
28
100
5%
'V
Feb
271
•
Feb
4y4
458
Jan
3074 Mar
39
37a Mar
Wayne Screw Products
Feb
25
840
Walker & Company common
Warner Aircraft common
30%
20
300
1
60
Jan
%
a4274 a427t
3 72
1
_
common
19
36
% Mar
a49% a49 7a
14%
__..l
common
Mar
307a Mar
1,550
—*
3 72
5
—
285
1,055
JS
16
Jan
137* Jan
10
Corp
147a
5
1
Paper common
Tool & Die coftimon
Feb
237a
*
:
common
12%
16
293/a
2
Brewing common
(H
Oil
Oil
American
Rickel
100
Jan
2.85
Corp common
Ryan Aeronautical Company
Black
*
Metal
Oil
..
Jan
1%
100
25 74
193/4
0
2
7,500
172
..2
....—
Stamping common
Packard
17a
5
common
Motor Wheel common
12%,
45c
31%
pfd—
Drug Inc
Ranch
Western
McClanahan
Feb
Mar
Feb
100
5u
'
'
.
196
22
7
—1
1
1
5
10
—
1.95
35c
•
1%, Jan
33%
_._l/v.6Va
—
Brewing common—:
Graham-Paige ^—w
*
Lamp
Feb
22
__1
common
Goebel
Hall
Rice
5
Ale. common
Gar Wood Industries
Gerity-Micjiigan. Corp
1%
5
Federal Mogul common
Trailer
100
55
Western
Rexall
High
33%
1
Fruehauf
Low
17a
55
__
1
5
20
common
Friars
1,100
11,870
a307a a30%
33
33 74
common
1st
Republic Petroleum Co
^JEtaHge Since January 1
High
1%
-
Pacific
Shares
Low
;i
Chrysler Corp common—
Consolidated Paper common
10
Consumers Power common
<■
Continental Motors common-—l
Electromaster
44c
2.20
Jan
Jan
117a Mar
%
10
Puget Sound Pulp & Timber Co..
Sales
for Week
of Prices
Sale Price
Serv
Feb
a47% a47%
47% 47 %
25
Public
67/b
87a
20c
16
preferred..—....
......
Mar
30%
i
w
1st
Pacific
Range
Par
Detroit Edison common
1,778
J?
...
Indemnity Co
Pacific Lighting Corp
Detroit Stock
Bros
11 Va
High
67s Mar
15c
41c
,
25
&
Pacific
Detroit & Cleveland Navigation
6,100
10
common
Gas
572%^ 1st preferred ....a—
Davidson
750
16c
12%
common..
6%
■
Low
67a
2.00
42c
*
Rights
Common
Brown-McLaren common
.
liy4
Pacific
•
67a
107a
..
Pacific Finance Corp
Telephone: Randolph 5530
Range Since January 1
High
Chicago Stock Exchange
Ford Building
■
Shares
15c
1
Nordon
Members
for Week
Low
\V.Par
■
Sales
Range
of Prices
Friday
■
STOCKS—
a307a
20/»
Jan
36
THE COMMERCIAL
(1288)
&
OTHER STOCK
FOR
RANGE
Monday, March 22, 1943
CHRONICLE
FINANCIAL
EXCHANGES
MARCH
WEEK ENDED
19
'"
Friday
Friday
•
Week's
Last
STOCKS—
Par
Railroad
Pennsylvania
Pepsi-Cola Co
Phelps
Dodge Corporation
Pullman,
Incorporated-
Pure
Oil
Company
Radio Corp
Low
al7%
—50
33 *3
25
•
•
•
Co
of America
Shares
161
—
••
Low
120
28
8%
—
9%
16%
465
22
Jan
Faisiafi
Brewing
common
47
Jan
General
Electric
common
General
Motors common
30
Jan
a—
3,333
—
—
25%
Feb
9%
Feb
8
Shoe
General
Radio-Keith-Orpheum
1
Corp
Republic
Pictures
178
8
Mar
8% Mar
Johnson-S
1%
500
1%
Feb
2y8 Mar
Knapp-Monarch
37a
3%
4
415
3%
Feb
•
Jl
23 V2
23 %
191
22%
Feb
—
a9
Republic Steel Corp
.
St
Regis Paper
Co
5
1
ttocony-Vacuum Oil Co
Southern
r#
15
Railway Company—._i—
Standard
a39%
25
Stone
&
Oil
J)
(N
Co
Webster
♦
Inc
Studebaker Corp
Swift 6c
Texas
Water
35
66
Oil
Twentieth-Century-Pox
Onion
Carbide
.
& Carbon
Jan
31%
Jan
39%
40
215
39% Mar
45'/s
Jan
10%
10%
100
10% Mar
12
Jan
f
115
—
Feb
Missouri
4%
4%
*
Jan
71%
Jan
78
Feb
Louis
11% Mar
Car
Sterling
Aluminum
100
17y2
800
17
Feb
20%
Jan
30% Mar
36%
Jan
Wagner
100
11% Mar
53%
Feb
55%
49%
Feb
55%
Feb
23%
20%
21%
650
19 %
Feb
98 J/2 Mar
common
21% Mar
98Vk Mar
55
a97% a99 Vs
al58% al59%
__
,
—
129
156 y2
5
Western Union Teleg Co class A
•
100
2 %
Feb
2%
38%
Feb
38%
12 Vk
545
10%
Feb
13
Jan
105
18%
Feb
20%
Feb
261
25%
Feb
29%
17
250
17
125
20
20%
87
20
Mar
23%
5%
665
5
Mar
7
Jan
15%
12
15% Mar
19
Jan
7 Vs
Feb
1,050
a38ys a39%
2%
11%
—
12%
a27%
_1
7%
10
7%
160
7%
a44y4 a44%
—
STOCKS—
5
15%
152
,
.
Mfg
Atlas
Week's
Friday
Last
Basin
Jan
Bendix
Sales
for Week
of Prices
Sale Price
Shares
Tel
Jackson
Central
Curtis
c
Low
High
147% Mar
153 V*
Jan
Consolidated
65
9 %
330
53%
57%
777
7%
7%
250
General
Gimbel
io
Brothers
15%
16%
50%
51%
Feb
15 Va
"
50%
52 y4
177 s
'
"
—
.
Jan
52%
Feb
63%
Jan
Lehigh Valley
50
RR—— __——
1
.
18
9%
.*■'
.
Mar
9V'a
Jan
crown
15% Mar
17%
Jan
49%
56%
"
Creameries
Power
&
58%
Jan
75
17%
Feb
21%
Jan
9%
Feb
10%
Jan
4%
4%
50% Mar
15
u
'V,
%
53
0
Light—
"5%
Pennroad Corp
Pennsylvania Power 81 Light
Scott
18%
44%
22%
Di
237s
-L
Paper
Jan
6V'4
5% Mar
Jan
19%
Jan
Farnsworth
20%
Jan
Food
47
Jan
Foster
21 % Mar
3,154
23%
Jan
247 s
298
217/2
Feb
247k
Jan
30
236
28
Jan
33%
Jan
167',
Feb
20
Jan
39 V4 Mar
447k
Jan
50 7 s Mar
57%
Jan
55
•
40%
40%
41%
111
50%
51%
124
:
A
Tonopah
0
participating
Mining
Transit Investmt Corp 6%
United
Corp
United
Gas
Improvement
Westmoreland
Inc
Westmoreland
Coal
10
Feb
62
Feb
65
32%
20
.
4%
Hale
525
1
Jan
1%
Feb
Hancock
130
37s
Feb
4%
Jan
Hawaiian
170
Holly
21%
559
23
33%
2%
Jan
Feb
22%
22% Mar
24
Feb
32
35%
20%
176
Mar
,
Jan
Sale Price
•
Alleghany Ludlura Steel
Arkansas
Nat
Co
Gas
Low
6#
Oil
Clark
(D
Gas
Duquesne Brewing
Foliansbee
Fort
Harbison
Lone Star
Mackintosh-Hemphill
Mountain Fuel Supply
National Fireproofing Corp
Pittsburgh Brewing $3.50 pfd
Plate
Pitts Screw
Pittsburgh Steel
5% preferred
San
Toy
Honolulu
Co
Oil
Foods
Oil
26'%
30%
11
—
Gas_—
—
Common
v
t
c
——
23 Vk
19%
-—*00
'
'
'
Coca-Cola
Bottling
54
Mar
62
180
20 Vk Mar
23
40
26
28 7k
775
12
-
10
39 V4
Jan
National
8%
Jan
Natomas
North
18%
Feb
20%
Jan
100
6%
Feb
6%
11 Vk Mar
661
165
357k
8%
rH 0 0
—
1
__
1
__
60
.
4
Feb
,
35
,
Feb
5
Mar,
lie
27%
273s
1
1
0
of
Jan
77B
Feb
10
Jan
10
60
50
.12.50
544
61
Mar
500
323
27 Vk
26 Vk
27%
180
—
Jan
15c
27% Mar
210
5%
35 V4
,
Jan
27% Jan
5% Mar
77k
Jan
5% Mar
...
77k
Jan
32%
-
-
25%
Feb
Feb
37% Jan
30
Jan
Sale Price
6%
14%
11
Lo*>
14%
11
27
27
2,620
11
30
'
27
13%
125
10%
475
.
29
'■ 25
65
28
2,485
97
118
90c
3,013
12
12%
572
6%
6%
300
8%
Jan
a36% a37%
80
34"%
Feb
37%
Jan
4.125
15%
Feb
20
Feb
40
Jan
757
12%
9% Mar
•
346
13
Jan
Mar
365
Jan
26% Mar
34
Jan
91%
98
Jan
Feb
85c
Mar
12
Mar
1.00 Feb
14
6% Mar
16%
18%
30%
30
30%
1.215
30
Mar
2.35
2.00
2.35
2.200
2
Jan
Mar
Jan
?!
6%
2,360
5 % Mar
34%
477
34% Mar
5
205
5
Feb
52%
51
52%
921
51
Mar
18%
18%
19%
912
18%
205
18 % Mar
20
Jan
25%
25%
100
24
30
Jan
.10
25%
15%
15%
16%
68
10%
16%
92
Jan
57%
23
Feb
15 %
Jan
6
Jan
.
Jan
19%
Jan
Feb
72%
Jan
10%
545
Feb
€6
50
■>
Jan
37%
18% Mar
'.1,290
68
10%
A—
Feb
12
Jan
1,018
16
Mar
19
Jan
211
92
Mar
92
Mar
92
92
18
_
18
18%
1,399
16%
Feb
19%
2.35
2.45
3,250
1.60
Feb
2.60
Feb
55
54
55
1,007
52%
Feb
56%
Jan
150
16%
Feb
20%
Jan
*
_
.
*
al5%
^
6.66%
Plantation—_15
Jan
a
G)
&
15%
16%
420
15%
Feb
17%
Jan
13
13
135
13
Jan
13
Jan
66c
68c
750
60c
Jan
70c
9%
8%
9%
10,510
Feb
15
24
24
200
22
Feb
25
Jan
33
33
100
32
Feb
35%
Jan
al8% al8%
20
16
Mar
1
Inc.—___1
Libby
a
16
13
10
(R
14%
16%
P2
common
_7
8%
Mar
16
9
9
195
20%
18%
20%
4,577
14
Feb
3
3
3
214
3
Mar
3%
168
9%
Feb
11%
Feb
30
Jan
Co
1
Auto
a
10%
a
24%
10%
a
24
2.90
10%
24%
common
City Lines——
Company
8%
9%
Feb
Jan
20% Mar
Jan
24
927
1
—100
10
Rights
6%
w
w
common-
—25
i„
i
—.25
.;
5%
1st
1st
Pacific
preferred
25
25
Lighting Corp
common
$5 preferred
Pacific Public Service
Pacific
s
Oil
new
High
Feb
Rheem
Richfield Oil Corp
Roos Bros common
j*n
27
Mar
44
27
3B
350
Jan
11%
Jan
Feb
10
73
Mar
80
Jan
67
Mar
.72
Jan
i 40 %
Jan
9%
32%
Feb
-
7%
200
31%
7,408
30% Mar
.36%
30%
929
30Vk Mar
31%
A3
27,365
Vk Mar
U
Feb
Feb
33%
2,125
Mar
35%
Jan
Jan
29%
27%
132
47
a
29%
27%
■
—
48
1,177
102%
,
a 104'
427
7
Feb
33
,
.
8% Mar
Jan
29Vk Mar
31%
27% Mar
29%
Jan
47
Mar
53%
Jan
103%
Feb
12%
Feb
266
23 Vk Mar
25 %
Jan
90
62
90
Feb
97
Jan
50%
200
49
Feb
50% Mar
23
672
22
Feb
24
58%
58%
315
55%
Feb
61%
15%
15%
50
13%
Jan
15%
39%
22%
Feb
580
23%
49%
50%
101%
13%
23%
90
—
42%
885
36%
Feb
44
Mar
Mar
54
Jan
Jan
Jan
22,-
38
•
7.50
39%
15
Jan
Mar
Jan
Feb
-1
Co___II
a20%
-*
-1
-1
\
10
38
a 24%
5
31%
—
II
40
24%
31%
135
31%
a20% a20%
270
23%
389
20% Feb
15% Jan
47
27Vk Mar
32
Jan
Jan
Jan
325
4% Jan
7
Mar
a
—25
'
IT'
40
—1
~""r"
Manufacturing Co
Ryan Aeronautical
200
75
67
Jan
Jan
9
Mar
%
.100
Jan
9%
6
10% Mar
Realty—
Preferred
15y4
33
29%
*
__
common—."
13%
614
33
10
common
6c
200
11
7%
__100
Corp
Equipment
678
12%
preferred
Rayonier Incorp
10%
30%
—' <■
23 %
common
Western
16'% Mar
Feb
3% Mar
30%
31 Vk
com
preferred
Pac Tel & Tel
Feb
8%
37
38
•
—I*
—
1st
14%
295
67
25
preferred
430
73
■
•
A!
1st preferred
16
9%
9%
——5
__________
Jan
107k
11
—100
—
Co
*
com1—100
preferred
common
•
1.15
9
"
26,285
6
''•••
0
Investment
Mar
2.90
16
1
■
„
Can
2.00
—.10
Fibres
Jan.
26% Mar
Jan
«
__
Feb
Mar
Mar
___„_jl___:_i
Corp
B
North American Oil Cons.
6%
Range Since January 1
High
30
1
—1
Shares
10
346
2.35
Corp
preferred
Railway
for Week
Low
__1
10
Range
Jan
Mar
5
_
Sales
of Prices
Jan
16
5%
Phillips Petroleum Co
Pig'n Whistle conv prior pfd-.
Puget Sound Pulp 6c Timber—
Exchange
Week's
Feb
95%
a37%
com
American
5%%
Feb
10c
5,000
5%
5%
%
Jan
10
16%
Cal
Pacific
39%
33%
:
Mar
85c
common
Pacific Gas 6c Elec Co
Feb
53k
Jan
18 %
Jan
-34 Vk
35%.
__
1.30
34%
common
Jan
52%
20
60
10c
Mar
Jan
10
14% Jan
155
-
•;
346
Inc
Aircraft
Magnavox
Feb
23%
40
4
16
—3
Inc
McNeill
-7% Mar
Jan
37
15
16
5%
Corp
Lyons-Magnus
National
1,156
34%
Par
common—_
835
90c
26% Mar
26%
35
Last
common—:
58
20%
53 Vk Mar
—2%
Jan
12
Jan
Feb
6%
8%
STOCKS—
Inv
54
20%
a26Vs a26y8
58
97
Morrison Knudsen
21®,
4
'
0
Friday
Industries
1,042
26%
Jan
15
12%
St. Louis Stock
American
95c
92c-
Radio.—1
&
—
,
Century Electric Co common...
Jan
com—
Sugar
Paraffine Co
Clinton
58
28
Jan
25
:'!l,
,
Westinghouse Air Brake
Westinghouse Electric Corp
630
346
15 Vk
Jan
Feb
'
United States Glass common,..,;
54%
Marchant Calculating Machine—5
Menasco Mfg Co common——„ 1
11%
105
6%
0
1
Feb
53%
Jan
Mar
.p1
_-4-_
53%
5
12
Mar
10 Vk
.
37
7%
12
127a
-
10
Foundry—
6c
Feb
13
Libby
Lockheed
5%%
5
Corp—.—_
33%
Feb
1
Hudson Motor Car Co__
New
Mining
Shamrock
26%
19 Vk
19%
10
Glass
Bolt
&
125
7%
.
5
_
193
26%
High
107k Mar
~
100
23 Vk
"To
Gas
Pittsburgh
26 Vk
—-
•
Walker Refractories—_
11%
11%
8 Vk
Feb
52
s
1
__
25
47
10%
11%
.—10
Brewing
70
152
-
11%
M*.
.*—5
_—
Steel
Pitt
'
*
Electric.
13%
26 Vk
——;———
6c
Range Since January 1
Low
11
13
*
L) Co
Columbia
Shares
27%
10 Vk
13%
Feb
28
10
Pineapple Co Ltu__
LeTourneau
High
26%
pfd—7-10
7
707
53
•
Leslie Salt Co—
for Week
-
200
28'A
53
Langendorf United Bakeries B___„___*
Sales
of Prices
Par
<
^
7%
28%
53
Development
Kaiser-Frazer
Pittsburgh Stock Exchange
STOCKS-
Jan
7%
28%
—
IXL Mining Co.—
,
Jan
19% Mar
Feb
2
80
Range
27%
.100
Stores
Hutchinson
Last
Jan
common
Corp
Bros
2%
Week's
25%
17%'
preferred
Hunt
Friday
75
,
Golden State Co Ltd
32
i1
Jan
25%
»
i__
common
Paint Corp
4
Feb
Works
Television
Preferred
1%
•
7%
25%
2
General
22%
10
—
Feb
Gladding McBean & Co_
20%
21%
6%
1
Co
Motors Corp
2%
—13%
13% Mar
11%
17% Mar
%
General
3%
•
—
1
Jan
350
300
1,600
100
,
Kleiser
&
1 %
1%
part pfd—25
common
62
62
.l__l 1
common
Machinery Corp
Greyhound
Tacony-Palmyra Bridge—
Class
Inc
Bank
Emporium Capwell Co
Corp
Feb
177k
7% Mar
6%
1
Corp common.—
Eureka
Feb
17%
Bun Oil Co
Dorado Oil
40%
*28%
common
7/s
Feb
16%
17%
Jan
Feb
13%
Chemical Co common—__—_15
292
287 s
Jan
32%
6%
17%
Giorgio Fruit Corp class A com—5
Co—
*
Dow
1,077
3
High
1%
'
6%
Doernbecher Mfg
Jan
—50
common—
Amer
of
Abbey
3,102
22%
-
Jan
Feb
13%
25
Corp
preferred
18
51 Ve
Reading Co
U
2,173
17
22%*
,
•
Philco Corp common
6
18%
43%
17%
—
0
common.
18 Vs
17%
29
17%
Jan
6
4% Mar
'
•
—50
Pennsylvania RR
Pennsylvania Salt Mfg common__ -^-10
Philadelphia Electric Co
$1 preference common
5%
18%
__
900
3%
—
Air
Zelleroach
Cypress
El
National
7
Jan
Feb
'279
1,903
10 %
6%
1
Nat'l
Crocker First
7
■"
10
Co
Jan
11
8
120
52 %
5
Lehigh Coal & Navigation
Low
%
500
_•
common—
Edison
Vultee
Feb
12 %
2,839
51%
—
Range Since January 1
High
315
2.50
1,579
15%
m
Battery—..
Motors Corp
Shares
1%
50
.
Mining Co
Commonwealth
7%
-13%
Storage
Sales
for Week
29%
1
Chemical
Jan
57%
Delaware Power & Light
Exchange
—0
*
—
Chrysler Corp
Clorox
257s
13 %
'
Co
Eureka
$4.20
Electric
Jan
Feb
2
.—.
22% Mar
8%
•
Co
14%
55%
6%
Packing Corp common...:.'
1.405
12%
*
—
—
Publishing
Feb
Feb
Range Since January 1
High
9 Vs
Chrysler Corp
13
1%
—
Sugar
1477s 1487s
146'%
13
Works
Feb
48
Range
—20
—
_.
22%
22'/s
100
Locomotive
Baldwin
Low
•
&
Jan
100
29
Appliances——33 V3
Caterpillar Tractor Co
Range
Par
Tel
Jan
650
of Prices
1%
2.50
Engine
—
Home
Preferred
'
American
16
19
13%
Week's
20
Bank-
National
Oil
California
"
Stores
13% Mar
49
Low
—__50c
Diesel
Imp
Calamba
American
Jan
Jan
Mar
13%
Sale Price
Corp
Calif
Angio
Jan
9
45%
44% Mar
Philadelphia Slock Exchange
'
23%
19
17
48
49
Par
Byr'on
STOCKS—
Feb
167k Mar
.
Jan
28'%
2%
Bishop Oil Co
"
Jan
16%
Feb
26%
Aireon
'
5%
13%
Friday
Jan
73
a26% a27%
Warner Bros Pictures Inc
Feb
__
'
19 V*
17
San Francisco Stock
28V4 Mar
23'/a
—
•
80
100
14
Jan
156%
Jan
a20% a22%
—1
__
4% Mar
»
"
1
5
15
common
&
Electric
Jan
—
—10
W)_
546
5
Jan
19 %
U S Rubber Company—-
(P
Jan
Jan
20
445
28%
Co
16
17
50
A
conynon
Fuller
Stix-Baer
550
20 %
5
Woolworth
Mar
19%
l__—10
common—
Louis Public Service class
ot
a52% a53%
a55Va a55ys
Corp
United Corporation (Bel)
Westinghouse Electric Corp—
Willys-Overland Motors Inc
Jan
15
17
25
Cement—
Portland
Ills
20 Vs
100
Aircraft
10
19%
Last
United
Mar
Jan
30%
Ills
common
8
75
15%
15%
,
220
8
8
____——1
35 Mi
17%
—
•
Corp_
Pacific Railroad Co
Onion
58%
25% Mar
39%
.30*8
—
—*
—
Mar
25
27%
St
a71% a72%
Gas
Jan
165
Feb
%
38
Jan
20 Vs
10
Co
common...
common
35%
25%
Feb
25 y2
—
51
Mar
16% Mar
31 Vk Mar
51%
Mar
l>>%
Feb
15
25
—
25
»
Co
Associated
320
108
17%
1
25
—-
Company
Gulf Sulphur
Texas
Tide
Co
a72%
30
51
McQuay-Norris common
—
-10
Meyer Blanke common-.—.—-—0
Midwest Piping & Supply common—'
—
•
25
33%
20
25%
51'/a
Laclede-Christy common —5
Lacieae
a24
-
Standard
Jan
a—
a__:
a38y4 a39%
a23%
—
(Ind)
26%
t
50
a9
15%
a36% a36%
Inc
Brands
Standard Oil Co
.
15 %
1—
Jan
4Va Mar
__50c
Corp
Mar
15
0
common
Shinkle
&
8%
1%
—
20
500
32%
33 %
Jan
8%
—
Warrants
High
60
16%
•
common
International Shoe
Low
20
16 y4
1
•
10
1
(0n>
(Uni
Range Since January l
20
common——_________7'/2
Mfg
Jan
41% Mar
195
345
28
9%
Elder
19%
Feb
Shares
High
Low
Par
•
High
15% Mar
245
a40% a43Va
,
for Week
of Prices
Sale Price
STOCKS—
Range Since January 1
High
al7%al8 7k
151s
16 >/«
41% 41%
a
Sales
Range
for Week
of Prices
Sale Price
,
Sales
Range
Week's
Last
1
27%.-.
6%.,
16%
16%
27%
27%
€%
6%
•
22%
Feb
30%
Feb
33%
18
*
(1289)
37
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED MARCH
Friday
Week's
Last
STOCKS—
Par
.
15%
Roebuck & Co capital
sears,
Union Oil "ornmon
Signal Oil & Gas Co A
Sound view. Pulp
4.32'A
30
Corp
25
--25
Eastman
Jan
Electric
13c
33%
130
28 Vb
—
32%
240
;'-/'/7«4 •,;
40
Feb
36 V2
30 % Mar
122
Jan
35%
Feb
1,895
a24% a24%
26% 26%
363
33
General Food
Goodrich
Feb
33% Jan
22%
•
Corp—,.
(B
F)
Co
Jan
25
33
common
♦
28V2
Jan
Jan
Idaho Maryland Mines Corp _________ 1
International Nickel Co Canada
•
50%
Jan
International
•
•
Tel
&
Co
Johns-Manville Corp
27% Mar
58'%
Kennecott Copper Corp
•
2,205
543/4 Jan
62V2
Jan
Loew's
•
Inc
15%
15%
15%
470
15
Mar
20
20%
19%
20%
575
19%
Feb
24
Jan
10%
10%
a20% a21%
4,416
10%
Feb
13%
Jan
Macson
21
Feb
McKesson & Robbins Inc
10%
56
..
16% Jan
Marine
•
24
21% Feb
261/2
Jan
Montgomery Ward A Co
435
15
20
Jan
Mountain
.17
17
458
15%
17 %
410
16%
68%
.
24%
15
15
69
610
68% Mar
Mar
Jan
Nash-Kelvinator Corp
National
Jan
350
38%
Feb
9
725
7%
Feb
9
Mar
Nbrth
American
Aviation
290
290
-16
286%
Feb
301
Jan
North
American
Co
a20
a20
37
50c
16
16
102
„
American Airlines
a22%
19%
Y Central
Feb
22V2
Jan
Northern
Mar
16
90
8%
9%
1,770
8
*
a23
9%
1
SmeLting A IRefinlng.
Tel & Tel Co_
8
8%
510
cl3
•
al2%
•_
a49 % a49%
18 %
Jan
Oahu
148% 148 %
23'/a Mar
7%
Pacific
Co
Argonaut Mining
a49
-•
—
—
,a33
a49
37
40%
—
.
Co
40%
a30%
—_—5
60
Pacific
Finance
Pacific
8%
Jan
Packard
Jan
Pan
51%
54%
Jan
Corp
Atlas
Avco
5'
—
Manufacturing
Jan
50V4
37
Mar
44 V6
Feb
391
31
Feb
33%
Bendix
Aviation
Bethlehem
Blair
Ohio
&
RR
100
Corp
5
Steel
Airplane
Boeing
a20%
11% Mar
14%
Borden
89%
Feb
93
15
Sumvan
&
20
Feb
20
Co
5
Columbia
Pictures
Utah
47
5%
5%
448
Pullman
Radio
Commonwealth
Consolidated
Edison
Natural
Continental
Gas
Oil
Steel
Co
Co
Co
Co
of
Y
N
15
35% Mar
747
13% Mar
17%
Jan
31
350
31
Mar
34%
Jan
20c
2,500
Jan
22c
Jan
48 Va
50
50c
385
48 Va Mar
53%
Jan
al4%al5%
200
265
50c
15Va Mar
17 Va
Jan
18%
471
18% Mar
21
Jan
636
12%
15%
Jan
31
50c
18%
Jan
12% Mar
Feb
16%
al9 al9%
14% 14%
245
176
17%
Feb
20%
Jan
14% Mar
17%
Jan
335
27 Va
Feb
32%
Jan
Jan
Riverside
Cement
15%
—
Cruz
Sinclair
Jan
27%
358
23
Feb
15
,
Cal Ed Ltd
80
—
Jan
Standard
17%
Jan
Standard Oil Co of N J__
Mar
11%
Feb
8tudebaker Corp
40%
Feb
44% Jan
32%
Feb
35%
10
Swift
Brands
10%
150
50
2%
2%
1,325
2%
Feb
22% Mar
2Vj
21%
485
43
11
Jan
16
;
Jan
22% Mar
2%
Feb
Mar
21
<15% a44%
a__
21
a
Feb
15
12
22%
Jan
Jan
28
9%
8%
23'A
37 Va
15%
15%
15%
a50 a50%
133
49
Feb
49%
Feb
5u
22%
Feb
23%
Feb
4%
Feb
6%
5 %
6%
3/45
28%
28%
29%
3,168
4%
4%
500
6% Mar
25 VB Mar
30%
Jan
Feb
5%
Jan
4%
—
—
28%
17 %
16
15%
—
25 Va
—
—
—
17%
a31%
25
United Aircraft Corp
5
United Corp of Del—
1
Utah-Idaho Sugar Co common——5
—5
Petroleum
Western
Air
Western
Union
—
;—1
1
——1
common
Telegraph class A——*
2%
—
—
./
5%
a7%
a21Va
$1.75
Range Since
Shares
12%
17%
High
5,472
18%
r
.
12 % Mar
17%
6,127
14
18%
January 1
Low
High
13%
17% Mar
20 Va
Jan
38
Jan
19
Jan
36%
37 Va
100/
36 %
Mar
0
16%
16%
100
16%
Feb
100
100
7%
50
33%
39
100
30
7%
4,080
"
•
4%%
218
Jan
25
24 Va
24
43
47
Jan
100%
Feb
9
(F W)
10
common
—
.-
Bunding
$1.30
Feb
47
Mar
5% Mar
70
Mar
Mar
70
55
303
30c
240
24% Mar
17%
162
21
852
24
24
24%
2%
25
25 Va
2Va
2Va
2%
30
17%
a44Va
>'•:'■
-25
series
59
35%
Pfd
preferred
50
1,190
300
*
1-
*
*
20
Jan
Jan
22
19'A
Jan
19
Jan
Feb
23%
Jan
Jan
25
4
Jan
Feb
26
Jan
24
24%
'
2 Va Mar
28%
Feb
17 % Mar
+
2%
Feb
Jan
30%
Jan
18
Jan
98
15
1,710
19
Jan
14%
28
425
27
Jan
28V2
Feb
25
100
25
Jan
26
25
10
20
10
Jan
98
98
30
98
Mai-
11
Mar
13%
35% Mar
40 %
11%.
11
11 Va
1,215
35%
35 3A
35%
125
14% Mar
Converters
Cottons 6%
Canadian
Ind
.
26%
7%
Feb
9%
Feb
Jan
7 Va
Feb
8%
Jan
Feb
26%
Jan
37 Va Mar
40'A
Jan
Jan
15%
Feb
18
27%
Feb
28% Mar
15
Feb
18 Va
Jan
14%
Feb
16%
Jan
25 Va Mar
20
313
29 Va
Jan
Jan
24
Feb
26
69%
Feb
77
Jan
16%
Feb
20%
Jan
Mar
36%
Jan
>52%
Feb
59 Va
Jan
23%
Feb
27% Mar
2%
Feb
2%
2.75 Mar
3.50
Jan
Feb
12%
Jan
32
443
525
1,019
110
875
•
v
60o
4,083
10
60
263
10%
3lc
4%
46c
Mar
6%
Feb
Jan
Jan
Jan
7% Mar
7% Mar
Mar
20 Va
25%
Feb
28%
Jan
8Va
Feb
8%
Jan
19
50/
a__
a—
135
a44% a44%
Jan
30
22%
520
1,470
•,
Jan'
48
a
a.i
Jan
—_
10%
Canadian
for Week
Shares
58%
35%
60 V4
High
Low
<••>*
35%
58
200
*
64
Feb
477
.
35'A Mar
/;
Jan
Jan
36 Va
Jan
12
Jan
12
25
12
25%
5
25
Jan
26
Feb
11
1,030
10
Mar
13%
Jan
10
10%
270
10
Mar
13
Jan
390
20% Mar
30
Jan
60
11'/a Mar
6,755
12% Mar
23
,
'
15
Jan
15%
-
Jan
Jan
11%
Companies
^25
Pacific Railway
15
11 Va
13
12%
13 Va
10%
10%
320
10
Feb
11%
93%
91%
95%
2,774
91
Va Mar
100%
32
Mar
38 Va
Jan
36
Jan
r.
34
34
320
30'A
•
Glass-
Consumers
Range Since January 1
High
Low
20%
Locomotive
Canadian Oil
Range
of Prices
10
.25
_»
B
Canadian
Sales
Week's
12
preferred—.
Alcohol class A
30'A
5
30'A Mar
Jan
34
Feb
9% Mar
15-
Mar
Jan
Feb
32
Jan
Feb
19
jan~S
10
Jan
16%
17%
1,765
'%
28
27%
28
656
27
17%
661
16
Bridge
Dominion
26
20
24 Va
17%
25
16'A
•
8
16
/
125
f
Jan
Feb
16% Mar
24
24
_•
Ltd A
Davis Leather Co
Distillers Seagrams
Dominion Dairies common
preferred
Dominion Foundries & Steel——
5 Vo
Dominion Glass common
7 r!o
11
101%
Feb
Jan
Jan
23%
—
,
-
;r-
u.v
preferred
Dominion Textile
Donnacona
Paper
23 Va
common
•
4% % pfd ——100
Eddy Paper Co Class
Corp
Electrolux
Famous
Heating
Gatlneau
Power
Jan
General Steel Wares common
Hamilton
Howard
17
Jan
$2
30
Feb
265
32 Vi
Jan
33 Va
Feb
14
Feb
14%
16%
6,297
18 Va
Jan
22%
310
22% Mar
27
Jan
20
20 "A
375
20
Feb
21%
Jan
Feb
12% Mar
Feb
105
25%
Jan
28
Jan
17
Feb
19
Jan
11%
12%
3,971
11
101
30
101
26%
27
1,220
>
Jan
iff,;
260
14%
15
185
14% Mar
17
Jan
13
110
ll'A
Jan
14
Jan
15Va Mar
18
Mar
24
Feb
103
Feb
2% Feb
20
Jan
108
Jan
17
15
16-
365
16
15%
19
19
19
75
18%
100
100
103
103
2
9
2%
2%
625
19
Jan
Va
18'A
Jan
4
Jan
14
14 Va
251
14
Feb
16%
Jan
13
13%
730
13
Mar
15%
Jan
.
Alabastine—_
Bridge
Smith Paper common.
preferred
150
18%
Jan
Jan
33
32'A
101
11%
com—
Jan
Jan
Jan
Jan
34 Va
—-
preferred
General Bakeries Ltd—
13%
28
13
-1
5%
37
20%
Prod
Foundation Co of Can
Jan
26
Feb
23%
•
22%
15%
.20
'A' pfd_;
—
1
Players Canada Corp
&
Feb
Mar '•
32'A
*
Dryden Paper—
23
31 %
20
Red
25
25
25
23%
Coal class B—;—23
Tar & Chemical common—*
Dominion
8
33
8
25 Va
■
^
preferred
8
25 Va
35
Dominion Steel &
Gypsum Lime &
17% Mar
Breweries
Canadian Bronze common——
Canadian Car & Foundry common
Jan
10
25
*
*
,
280
60c
26%
27%
100
100
>
28%
17%
16
25 Va
Jan
25%
class B
Canadian
Class
TZ
Celanese common
Canadian
Enamel
15
Jan'
2%
Jan
Feb
20 %
115
■
80
Jan
16 Va Mar
5,450
••:•/
Jan
168%
17
1,420
3Va
25 Va
7%
2% Mar
50
20'A
Feb
49
160'A Mar
799
2,195
16 Va
160%
29
*
17% Mar
255
.
20%
:
Jan
22
Mar
30c
17%
*
^——
Canada Safeway Ltd 4%%
Canada Steamship common
Class A
46
25
1,750
6 Va
*
common
preferred
Canadian
Feb
Feb
5
47
^—5
Dredging
Canada Forgings class A——
Canada Northern Power Corp—
5%
43
24
17%
17%
■—25
preferred
Products
Canada Cement
7
17
160%
•
British Columbia Forest Products
•
British Col Pqwer
Corp Class A
*
Class B ______-i'_—-*
Bulolo Gold
50
835
43
24 Va
16%
1°°
British Amer Bank Note Co
*
British American Oil common———*
'•
Feb
195
25%
17%
•
/
1,487
300
620
291
40
a7% a7%
Sale Price
Jan
Mar
24%
70
25
—"
Bathurst Pow A Pap /lass A
Bell
Telephone
Brazilian Trac Light & Power
cony,
5%
56
225
30c
10°
—
20
19
Jan
33'A Mar
'
*
preferred
Warrants
Asbestos Corp
3%%
■
7% Mar
398
218
214
6 Va
,
a2lVa a21%
27 27%
Motors——________1,,
Par
for Week
Range
of Prices
Low
50
Jan
Feb
17% Mar
41
Feb
MARKETS
LISTED
Canadian
*
Anglo Can Tel Co 4Va% Pfd
Argus Coip-Ltd common
Jan
2%
475
63
^
11% 12 Va
34c
35c
5%
5%
a7% a7%
__
Electric Corp com—12 Va
Willys-Overland
Woolworth
Inc
Lines
Westlnghouse
WEEK ENDED MARCH
FOR
Sales
Week's
*
pfd
\
54 54 %
26% 27%
2%
2%
2.80 2.80
11%
Warner. Bros Pictures
STOCKS—
2®
1%
Jan
21%
17
,r
a23%
a24
133
72% 72%
259
17 17%
•
4/0 :
a31% a31%50
54%
Preferred
a24 Va a24%
38%
/
•
Jan
10
Feb
8% Mar
,30
9%
8%
25
37%
common
—
a50
*
4%
18%
615
al9% a20Va
^
1
_.—25
common
Co
&
Westates
a__
a24%
20,
Can
„
Jan
Texas Company
—100
of
4%
9%
9
9%
8'%
25
._*
Co
405
s
17%
17%
43
a41%
28%
•
25
Inc
41%
58
a23
Par
Aluminum
25 Va Mar
Feb
25
common
Jan
315
.
15%
a44%
27% Mar
a41
Last
Aluminium Ltd
New common
Jan
4%
4%
>
—
50
Oil Corp
16 Vb Mar
41 Va
100
16% al6%
a40
Sale Price
common
20%
15
Socony-Vacuum Oil
a33% a34%
Friday
Steel
15% Mar
141
•
Santa
Jan
4%
Feb
Canadian Fonda
Algoina
200
24
•
B
Cement
Portland
30% Mar
343/4
Feb
15
STOCKS—
16
18%
•
1
•
10
A
Co
3
Montreal Stock Exchange
—
Feb
23 %
*
Last
Shoe
8%
2,963
.
29
29
—
Friday
preferred
Feb
15
*
—
——
class
Tobacco
26%
RANGE
5%.
13%
166
33%c
—
17%
-—25 ■ ;
/
42
———-V--—-*a40%
Corp of America
30% Mar
CANADIAN
Agnew-Surpass
Jan
12%
1
common
Inc
995
204
10
Acadia-Atlantic Sugar class A——
51c
Jan
15%
100
545
•
$1.50 preferred
$2.50 preferred
19c
-487
550
5,370
1
Abltibi Power & Paper com.
Jan
19c
Jan
*
Bridge
Feb
13
•
Republic Steel Corp common
Jan
5
Curtiss-Wrlght Corp
Dominguez Oil Co
Dumbarton
Feb
10
•
Arner..
35
17%
3%
a23
15
Del
of
20
35%
14%
35%
14%
,17%
30%
al0% al0%
•
capital
18 Va
—50
31%
*
Southern
&
10%
? 13
12% Mar
153
*
.
Solvents
Commercial
195
10%
10
*
;
Jan
15%
.—.—2.50
Radio-Kelth-Orpheum
5'/4 Mar
Feb
12%
a
a38 a38%
a40
Elect
16
2%
29
a
a34Vs
&
70
2%
3%
a38%
10
Gas
48% Mar
2%
27 Va
25
RR
Co commo^
Feb
Mines.—_J_— 1
Cons
30%
3%
2%
Columbia River Packers
Crucible
a!0%
30%
Ohio
&
Cities Service
Cons
10%
25
Chesapeake
Feb
480
43
11%
15%
common
Phelps Dodge Corp——-
'Feb
a20% a20%
12%
a
Pacific Railway
Canadian
34%
23 %
Airways
Pepsi Cola Co—
:
Jan
5
Co
Bunker Hill
Feb
Jan
145
5 %
1
com
34%
1
4% Mar
350
*
.
Holdings Corp
Jan
82
13%
10
Pennsylvania RR Co
Jan
4% Jan
l,9o2
11%
13
Locomotive—.
Baltimore
14
a34% a35%
48 48%
al8 alBVa
12'/a
common-—10
Cement
Reynolds
Baldwin
Jan
Feb
;
•
Corp
Motor
American
Paramount
51V4 Mar
Feb
850
-
4%.
11%
—3
Corp_—
27%
11%
152% Jan
a92% a95%
100
Fe.
25
535
100 ; al9%
———20
14%
Railway
Portland
14V4
148% Mar
10
a33
4%
5
common..
Topeka At Santa
300
__
1
Pure Oil Co common.
(HI)
Co
&
Atchison
;
al4%
•
common.—.
8% Mar
Feb
7.
1,305
1111—50
Woolen Co com
Anaconda
Copper Mining
Mar
2.05
2,250
25
•
14
American
Feb
Feb
2.45
_.
10
common
Ltd—
Co
24% Feb
Jan
Park
Corp
capital
RR
Sugar
123/4 Mar
44
IIoo
San.
—
2.50
43% Mar
Ohio Oil
Radiator & fitd
a—
a__
Jan
t
»
American
5%
12%
__
•
Distillers Prod
8%
American
250
135
'
Feb
3%
—
42% Mar
39'/a Mar
25
2.25
__
5c
5
City Copper
18% Mar
78
-
8%
Power & Light—*
Jan
a—
—
12%
31
1
42
Air Reduction Co
Viscose
;
40
American
259
14 Va
18
Navigation Co
M J & M & M Cons
42
:'
__
*
•
Bancorporalion
_____1
Unlisted Securities—
40 Va
Feb
Jan
lU
2
5
—
Jan
39
a—
__
56%
_10
.—
35%
35
25
3%
4%
a37'/a a39Va
a34%
48 Va
Tel
58%
Indies
Stoffes
165
12%
Feb
Jan
Jan
31% Mar
764
2.45
34
Feb
11
Jan
32 % Mar
651
42
Feb
9%
32%
40%
4Vs
a38%
1
pfd
cum
non
Mar
39
160
530
32%
40Va
•
39
10V8
a34n35Va
n47% a47%
__
a37
22
:
Sugar
1
High
Low
39
*
44
v/// so
48%
Graham-Paige Motors
Great Nor Ry
•,
___*
common.
1,945
West
Dept
Range Since January
High
10Va
__
IOVb
5
26% Mar
N
Armour
-10
J—
27%
Wells
American
N
24%
Equipment Co
_1
Fargo Bank & U T-*.—xJi.'.—100
American
of
27%
25
12%
United Air Lines Corp—_
10
U S Steel Corp common..—„—
•
Universal Consolidated Oil
—10
Western
Co
General Electric Co
Jan
Jan
140
28
69
48
Co of Calif common-
Sugar common
Victor
Kodak
Bond & Share Co
Goodyear Tire & Rubber common
30
;r~
Shares
Feb
Jan
*
Co of Cal
__
Super Mold Corp
Xiae Water Associated Oil
Transamerica Corp
Transcontinental & Western Air
Union
Jan
20%
9c
1
—
Standard Oil
Union Oil
18 %
17% Mar
for Week
Low
Par
15% Mar
4,100
30%
130
Cal Gas Co pfd ser A_____2o
Pacific Co
.
•
Southern
boucnern
Sperry
33%
High
••-477
•
Range
of Prices
Sale Price
STOCKS—
560
Co—
preference
48%
11c
30%
.-5
—
California Edison
preferred
Southern
4
Co
17%
10c
*
—_
Last
Low
15%
Sales
'
Range Since January 1
High
15 %
•
.—15
Shell
Shares
17%
and W
Week's \
Friday
for Week
Low
Fine Foods Inc
10
cvvay Stores, lnc common
5
c.n
Mauricio Mining
_10 pesos
s
°
Range
of Prices
Sale Price
10
Sales
13'/4
6%
7
25%
27
44%'-
45
6%
23 »A
7
Feb
Feb
44 Va Mar
Jan
30 Va
.
Jan
48
Jan
i-*i'
38
&
"THE COMMERCIAL
(1290)
LISTED
CANADIAN
FOR
RANGE
Friday
Week's
Last
STOCKS—
Par
Hudson Bay
Mining St Smelting
Shares
45%
976
•
15
14
15
4,072
Imperial Tobacco of Canada common.5
12%
12%
12%
1,409
25
24%
25
£1
6%
30%
preferred
preferred
6%
Industrial
4%%
5%
—
Accep
class
Corp
preferred
32
100
__—
preferred
Bronze
International
Nickel
of
International
Paper
common
common
Petroleum
International
Power
International
Utilities
Mar
16%
Jan
12
Jan
14
Jan
225
24%
Feb
25%
Jan
Canadian
6%
100
6%
Jan
Feb
Canadian
32
170
29%
Feb
32%
Jan
Catelli
7
10
89
Mar
92
Jan
40
101
Mar
102
Jan
11
12
50
31
3,022
46
49
5,625
46
12%
11
12%
17,265
11
39
40
150
39
210
cl
Food Products Ltd
Celtic
29%
Knitting
Corp
M O •vW
—
Hosiery Mills Ltd class
Mar
59
Mar
15%
Jan
Consolidated Div Standard Sec
Mar
50
10% Mar
12%
Jan
Consolidated Lithograph
Adv
Ltd
10%
,
Paper
150
11 % Mar
14
Jan
Consolidated
Textile
22
Jan
22
Jan
Cub
14%
14%
5
14%
Feb
12
12
25
12
Mar
12
Mar
David
9
9
125
9
Feb
10%
Jan
Dominion
5
5%
450
5
Mar
7%
Jan
16
Mar
Jan
Dominion
Jan
Donnacona
—
16%
10%
•
15%
9
16
17
2,880
9 %
10%
4,650
83
83
6
76
Feb
83
16%
16%
250
16
Feb
20
Feb
19
13%
9% Mar
£
Ltd..
Cottons
Aircraft
Corp Ltd—
Montreal
Locomotive
34%
Ltd
Corp
&
7%
Esmpnd
Penmans
Placer
14%
775
14
Mar
16%
Jan
Ford
47%
47%
75
47% Mar
43
Jan
31
33
125
31
Mar
36%
Jan
21%
21%
10
21% Mar
23 %
f—-»
-
'
.
_
•
common
4%
Bros
Co
Motor
Canada
of
Insurance
41% Mar
44%
Jan
Horner
Ltd
18
Mar
22%
Jan
Hubbard Felt Co
43
Mar
Hydro-Electric
757
1,627
825
164
164
2
*
Mar
37
45
51%
Jan
24% Mar
28
Jan
165
Jan
Mar
18
Jan
162%
17
16
17
150
16
39
40
2,521
25
16%
17%
855
30
31
260
29
63
63%
165
63
Mar
common.
31
•
•
Ltd
•
common
40
Feb
15% Feb
18%
Jan
Feb
32%
65
Jan
common
58%
93%
International
Investment
Journal
Alfred
Lambert
of
18%
Jan
22
Mar
37
Feb
41
Jan
McColl-Frontenac
540
11
Feb
14%
Jan
Melchers
59
2,865
68
Jan
54%
93%
94
50
54% Mar
.
98%
93% Mar
10%
Feb
13%
Jan
15% Mar
17%
Jan
27
'
25
26%
27
Mar
14
Feb
Feb
12%
375
11
11
120
10% Mar
16%
36
145
36
Mar
46
Jan
110
109
112
636
109
Mar
132
•
20%
20%
21
2.057
20% Mar
50
44%
44%
45
1.625
44% Mar
com
*
com
22
22
25
•
12
12
12%
705
*
11%
11%
12
100
103
100
97
17%
;
Voting trust
Maple
Press
Southern
Canada
preferred
pfd
Co
•
Power
Standard Chemical
•
6%
Feb
39
Mar
35 %
35%
35%
25
35% Mar
40
Jan
21%
20%
22
12,057
20
Jan
23%
Jan
6%
7%
700
6V2 Mar
9%
Jan
.19
•
1%
preferred
Minnesota & Ontario
19
19
Mar
19%
Jan
«®c
Mar
2%
Jan
2 % Mar
ae
,;
3%
Jan
80c
80c
1,1113
2%
5,375
21%
22%
1,810
25c
600
43%
46
1,199
42%
Feb
54%
Jan
16
16%
1,300
16
Feb
19
Jan
46
——
21
Jan
20c
common
Mar
12
14%
120
9
50
8%
Feb
24%
25
24%
Jan
24%
Jan
2%
2%
350
2%
Jan
3%
Jan
27.%
„
27%
75
27%
Jan
14% Mar
—
'
,
7%
10
55
9
9%
125
12%
13
965
12%
730
36
J'
36
/; 36
*
36%
10%.
*
10%
93
93
93
Nova
Scotia
L
&
P
6%
5
4%
5
12%
12%
255
■*»•••'
Jan
Jan
Feb
8%
Jan
15 %
Jan
Jan
10%
Jan
Jan
14%
Mar
22%
5
93
-
Feb
43
21%
22%
.
Jan
14
Feb
Jan
20
2,235
20
15
20
Jan
13%
Jan
23%
Jan
Mar
29%
17
28
Jan
66%
67
610
65%
Feb
9%
10
300
9y2 Mar
109% 109%
48
109 y2 Mar
66%
Feb
5%
\
Feb
20
*
93%
4% Mar
12%' Feb
'
com..*
22
Orange
Jan
47%
Mar
Jan
Power
25% Jan
11% Mar
15%
Crush
Ltd
——*
Feb
14%
Jan
....—_
Corp 6%
7%
50
12
10
103
Mar
103*
Mar
97
10
97
Mar
99
"
Feb
Southern
18
305
17%
Feb
19
Jan
Southmont
17
212
16%
Feb
18
22
Feb
29% Mar
71
Jan
1C
13
,.13
-V' '
52
13
red pfd—100
13
•S;
Rand Service Stores
Industries
(Canada) Ltd
•
Ltd
Canada
Invest
'
Co
pfd
Ltd
7%
Jan
United
Amusement
67
Jan
77%
Jan
United
Mar
79
Jan
United
Products
160
Mar
165
Jan
Western
Grain
Mar
7
Jan
Windsor Hotel Ltd
5% Mar
21%
21%
30
21
Jan
101
101
72
101
Feb
101
Feb
71
105
69% Mar
78
Jan
25
1,416
23
125
24
Mar
27
Jan
99
99
25
99
Mar
100
19
Mar
26%
Jan
19
205
21
Jan
22%
24%
3,192
20%
Feb
25%
Jan
26%
50
25%
Feb
26%
Jan
Bank*—
Co
Jan
25
Jan
4%
Feb
6
Jan
13 %
Feb
9%
Feb
450
'.••13%
50
27
39c
41c
15,455
40c
20%
131
20% Mar
34
■
34
.'
1
»
34
18
18%
: i 9%
.
V
9%
,,
"104
Sic
35
27%
60c
259
9
10
Jan
40c
Jan
Jan
Feb
34
Feb
Jan
21
Jan
Jan
12
Jan
8%
25
50c
" Feb
34.
420
27 %
66
9
Jan
10%
115
18
50
v
14%
Feb
•-
Jan
27% Mar
29
50c
Mar
75c
Feb
9
Mar
10
Jan
75c
Mar
Miaiag 8toeks—
Gold
Arno
Mines
Aubelle
Band-Ore
21%
Jan
Gold
Mines
Gold
Ltd
Yellowkmie
Bevcourt
Gold
Mines
Mines
22
22%
255
22
Feb
23
Jan
Bob's
26%
25
26 %
1,328
25
Feb
28
Jan
Bonville
10
36%
36%
36%
215
35%
Jan
37%
Feb
Bordulac
24%
24%
24%
2,395
23% Mar
25%
Jan
36
200
35
Mar
38
Jan
$3,000
50
Jan
50
Jan
Gold
Gold
Buffadison
Mine*
Mines
Mines
Mar
12c
Jan
Feb
3%c
Jan
10c
10c
500
9 %c Mar
12 %c
Feb
9c
8c
9c
2,500
7c
Jan
5c
5%c
12,000
5c
Mar
7c
Feb
12c
12c
6,500
12c
Mar
12c
Mar
9%c Mar
22c
Jan
54 %c
Jan
Ltd
1
9%c
11c
35,500
39c
38c
39c
4.500
1
Ltd
Ltd
lie
__1
17c
15c 17%c
58,700
38c
10c
17 %c Jan
Mar
26c
Jan
Feb
;
5c
5c
1
49c
51c
5,000
_1
Mines
1
:
Ltd
Gold
Mar
2c
3c
■
1
Bouzan Gold Mines Ltd
35
Lake
75c
8,500
3,000
,..1
Ltd
10
9.000
5c
3c
3%C
—_.l
—
Ltd
Mines
75cv
3c
1
—
Beatrice Red Lake Gold Mines Ltd
Beaucourt
75c
3c
_L1
—:
.
Mines Ltd
75C
*
Ltd
Mines Ltd
Montreal
10
55%
Mar
875
♦
Nova
.10
Mar
13
10
Akaitcho Yellowknife Gold Mines Ltd.l
Beaulieu
22 %
52
109
Corp Ltd cl A—*
Jan
22% Mar
26%
.10
—
14%
of Canada Ltd—..
♦
Securities Limited.™...... 100
Alger
24
20%
50
390
«.
21% Mar
22%
10
Mar
Jan
5%
Ltd
5
5%
19
Jan
4c
16%
10
;
Ltd
88
2.005
161 162%
23%
10%
Mar
Mar
108
-1.
-Mp*.
Distillers
72
pfd
52
17% \
lc
13
5
•.
*
6%
145
5
5% Mar
25
Jan
Mar
540
*
Pr
235
5%
365
lc
14%.;
100
Sangamo Co Ltd—
2,955
5%
7%
10%
110
Jan
*
6%
common..
.
5%
'V-*.
—
N C part 2nd pfd_-50
Quebec Pulp & Paper
72 Va
.100
Royal
10
Jan
23
Scotia
;•
Paul Service Stores Ltd..__'_—*
24%
Canadienne
*
Jan
68%
Ltd
Toronto
28
10% Mar
'725
pfd—100
cum
72
Worta.
Commerce
9
Feb
9
22
*
com
Corporation Ltd....—
Mount Royal Rice Mills Ltd.
68
*
5%
15%
7% Mar
13 y*
175
100
Pfd—»
21%
69%
Electric
Feb
9
.
.
13%
Moore
72
100
Limited
Jan
40c
24 %
14%
„
24%
7%
Paper Co
5%
100
Weston (George) common
4%% preferred
22
Mar
.13%
Montreal Refrig & Storage Ltd
68%
•
&
Feb
Jan
2%
com—*
——10
•
Corp
Walker Gooderham
Zellers
33
*
Ltd..
4 "5>
•
common
preferred
Winnipeg
125
20
preferred
103
17
Wabasso Cotton
Wilsils
39
1*
Ltd
Limited
Westeel
Tuckett Tobacco
Biscuit
38%
•
pfd—
Co
Oil
Distilleries
25
common
Steel Co of Canada
1% preferred
5%
40%
Feb
—_—-1
Milling
Leaf
Russell
4 %%
Southam
Viau
7%
Feb
30
Jan
36
_
& Sons 5$
Jan
Feb
Jan
410
420
10o
Can
32
6%
1
MacLaren Power & Paper Co—
615
12
common
Jan
Jan
20c
Corp..
Inc
1,290
27
preferred
Williams
Sicks Breweries
Jan
11%
95c
33%
*
Foundation
13
11
50
&
19
Feb
Mar
50
*
Warrants
Steel
9
55c
35
Publishing Co of Ottawa Ltd.*
37
16
_
Power
United
31
—...10
Paints 5%
22
10%
common
Ltd
31
14% Mar
75
3,450
301
class A
Securities
37
15%
Corp Ltd com
Water
(H)
11
70c
29%
Shawlnigan
Simon
11
55c
Feb
Mar
7
pfd_._„_
W)
Ltd A
22
10%
pfd
Simpsons
18,968
14%
25
Jan
Jan
Jan
15%
preferred
Series A 4 %
16 %
16
Jan
.Jan
22%
com
Co
(Frank
11%
37
•
St Lawrence Paper 6%
Sherwin
20
4%
45c
'
1
Ltd
150
-
Mar
Jan
40
100
Paper
Lawrence
A
Halifax
485
1,105
26
l
Co
Regent Knitting
Class
44%
Jan
42
19%
44%
Provincial Transport
Quebec Power
St
39%
42
43
common
&
24%
50c
Feb
35c
65c
class A.
Foreign Power Sec Corp Ltd com.
Fraser Companies
—f_
18
24%
4-
preferred
Rolland
37
•
Corp of Canada
Price
42
*
common
Co
Mar
3%
100
2%
Lowney Co Ltd (Walter M)
River
Power
37
•
Development
Powell
11% Mar
35c
'
Jan
Tubes..
Ltd
125
3,200
45c
-5
14
Corp
Power
35c
4
.
45c
.20
•
100
L H &
Page-Hersey
"1%"'
24%
Fleet Mfg St Aircraft,-^—
Ontario Steel Products
Ottawa
Jan
5% Mar
13% Jan
34
preferred.—_
Fairchild
Feb
Works
Rwys_.
15
31
Limited———u.
Jan
40
25
Electric
Jan
Jan
7
Ltd
37%
Feb
preferred
Ottawa
28
.5% Mar
50
11%
11%
jan.
Mar
34
Aircraft
Mills
Feb
38
Noranda Mines Ltd
1%
5
jan
41 '
.-
7%
34
.100
Mills
15
35c
Eastern Steel Products Ltd
10
preferred
Ogilvie Flour
10
5%
5%
*
-*
Paper Co Ltd—
195
*
Car
15'
15
15
jan
Jan
•
Square Corp
38
40
Breweries
25
;■
3%
*
Great Lakes Paper Co
National
20
Feb
*
Engineering Works Ltd
35
Co
National Steel
27
50
Limitee class A
Frere
38
Telegraph
Montreal Tramways
Paint
Feb
25
V
—
34
Montreal
Murphy
38
com..*
Ltd
Mills
"—^.25
preferred
152
3%
Mar
•
(Robert)
Breweries
39%
25
27
Jan
*
common
S)
Montreal
39
*
Dominion Oilcloth & Linoleum Co
*
A
*
Molson
39
Mfg Co Ltd—*
285
•
Mitchell
10,910
cl A—V
12
Massey-Harris
Oil
3%
High
Mar
20% Mar
Jan
General
Alcohols
22
•
(J
3%
3%
Neon
Commercial
Class B
McColl-Frontenac
3%
.11%
Steel
Claude
Jan
•22
11%
MacMillan Export class A
Class B
Mitchell
75
'
Chatco
Jan
11%
•
common
___
Lewis Bros Ltd
London
21
com——*
common.—*..'■
Jan
Feb
25
Ltd
.21
com.:.——__•
Ltd
Prod
13
34%
9%
29% Mar
•
Serv
preferred
15
—1—,—--*
Consolidated
6%
Legare
Low
21
21
—*
com
Ltd
Co
Range Since January 1
High
21
A
•
.j.
Public
Jamaica
Low
cumulative preferred———15
5%
89
11
Products
Silk
Canadian
101
49
—
Shares
,
—*
Vickers Ltd common.—.——*
Western Lumber Co.—
2
Westinghouse Co..—*
Canadian
89
30%
—
—
Ltd—
Co
14
for Week
of Prices
Feb
101
—r-B-
Canada-
International
48%
43%
■
100
International
STOCKS—
High
Jan
Sales
Range
Last
Sale Price
Par
44
4%
Week's
Friday
Low
44%
—
19
Range Since January 1
High
•
imperial Oil Cta
MARKETS
MARCH
Sales
of Prices
Low
ENDED
.
for Week
Range
Sale Price
WEEK
Monday,. March 22, 1943
-r
CHRONICLE
FINANCIAL
4%c
4%c
8.000
4c
Jan
6c
Feb
1
50c
50c
1.000
50c
Mar
82c
Feb
20c
M»r
Ltd—.;..
5c
Jan
5%c
Feb
49c
I,500
Mar
55c
Mar
BONDS—
Candego
Montreal
Power
3%
notes
1949
50
50
Gold Mines
Cartier-Malartic Gold
•
Mines
Ltd
Centremaque Gold Mines Ltd
Century Mining Corp Ltd
Cortex
Montreal Curb Market
Last
STOCKS—
Sale Price
Par
Acme
Glove
Atlas
Auto
Fabrics
Products class
B
•
Bathurst Power & Paper Co Ltd B
Belding-CorticelU
Belgium
Brand
Millen
Brewers St
British
Limited
Glove &
&
Distill
Columbia
Ltd
cl
9
Jan
360
10
Mar
5
Mar
5
4
4
4
25
4
Mar
6% Jan
160
8
7%
100
40c
50c
2,100
15%
15%
155
4%
4%
200
4%
150
7%
81
110
Feb
87%
Feb
3%
6.360
3% Mar
6%
Jan
83%
78%
83%
445
78% Mar
74
15%
50
10% Mar
12%
Jan
18
15
18
25
Jan
8%
25
225
225
2
225
Mar
245
Jan
15
15
25
14
Feb
15
Jan
20%
20%
517
20
Feb
24%
65
5
61% Jan
66%
Feb
2
2
51
2
Mar
4
Jan
8
8
35
8
Mar
10
Jan
1.50
1.60
1.810
1.50
1.50
50
10
10
110
20%
•
com
*
A
Paper Inv
Ltd
preferred
For footnotes
see
com
•
*
page 42.
10
5c
5%c
7,500
5c
Mar
9c
Feb
14c
15c
II.000
14c
Mar
22c
Jan
21%
23%
750
.1
Mar
8% Mar
1.45
8% Mar
Feb
1.95
Jan
1.50 Mar
2.00
Jan
10
Mar
12%
Jan
Feb
Ltd
...
17%c Mar
83.825
1.65 Mar
69c
55c
75c
32,100
55c
Mar
1.31
Feb
„1
14 %C
12c 15 %c
8,000
12c
Mar
23%c
Feb
1,000
5c
Jan
..1
5c
5c..
Feb
3.50 Jan
,
t
6c
Jan
Jan
10c
-7c
10c
24.500
7c
Mar
20c
_1
4c
3c
4c
41,000
3c
Mar
6%c Mar
„1.
50c
1,200
50c
Mar
93c
Feb
13c
v
2.100
11c
Jan
15c
Jan
40.000
loc
Mar
24c
Jan
12c 13 %c
14c
s..
1
_
Gold
5
Ltd
.10
3,000
12c
Mar
10%
1.205
9c
2,100
2%c
2,500
;4c
25c
3oc
l2,yut)
13%
13%
4.45
5,15
10c
12%
34c
30c
,4c
50
2.60
75c
55c
.1
1.15
1.15
1.15
1
0f Canada Ltd...
58c
1.75
1.74
1.88
64
64
6.25
6.25
42c 75 %c
Feb
Mar
•v
,
Jan
Feb
6c
49c
Feb
Feb
14% Mar
7.65
Jan
13c
Feb
12% Mar
30c
Mar
50c
Feb
14,000
4c
Mar
8c
Feb
191,500
42c
Mar
1.45
Jan
2.60
500
85c,
»
Mar
,
10.250
5c.
2.60
Feb
4.45 Mar
10c
155
.1
5
Jan
11c
3c
v
Feb
14% Mar
35c
.1
Ltd
13%
500
12%
.1
•
25c
1,000
*
10c.
f.
MacLeod Cockshut Gold
Malartic Gold Fields Ltd
J»n
2 000
5c
10c.
Feb
12
Feb
2%c
.1.00
Louvieourt GoldfWds Ltd
Macassa Mines Ltd—
Macdonald Mines Ud
10 >
9c
4e
"
16c
'
10
2%c
1
1
50c
9c
—1
Ltd,
•
ioc 14 %c
..I
Mines
27c
..1
Ltd—
hangman Lake Gold Mines
Lingside Gold Mines Ltd
Mining Corp
1.09
Mar
9,400
2.20
Labrador Mining & Explor Co Ltd
—1
Lake Rowan (1945) Mines
Ltd... „.1
McLntyre-Porcupine
53c
22c
1.65
..1
Kerr Addison Gold Mines
Ltd.
Shore Mine*
6,300
17 %c
Hudson Jtand Gold Mines Ltd
...1
J-M Consolidated Gold Mines
Ltd.
1
Jack Lake Mines Ltd.
—1
Joliet-Quebec Mines Ltd.
—1
Lake
70c
23 % Mar
Jan
2.12
_1
Consolinated
53c
*
20%
.1
Jan
65
Industrie*
Power
Jan
10%
Ingersol Rand Co Ltd
cum
Jan
18
Light St Power Company—100
Canadian Marconi Company
\
55»
18%
50
8%
Canadian
Candn
Jan
•
•
Trust
Feb
Mar
108
com__*
Ltd
Jan
Ltd_
Holllnger
3%
225
Jan
22c
Gold Mines Ltd
Mines
Keva Gold Mines Ltd
45
Inv
Goldbeam
Feb
75%
50
8c
Mar
Goldvue Mines Ltd
Jan
207
Internat
Jan
5%
310
Co Ltd
Mar
1
Mines
16%
16
Canadian
Mar
(1945)
Gold
Jan
4c
10c
Mines Ltd
Mar
46
Canadian
Lake
11c
Jan
Feb
43,500
Formaque Gold Mines Ltd
Found
8%c
Mar
16c
Ltd
4% Mar
15%
Canadian
9%
Mines
Mines
7%c Mar
5,000
Feb
5c
16c
10c
Ltd
15
45%
Invest
Fontana
9%c
5^c
Feb
14%C
Jan
15%
Gen
160
81
10%
Gold
Sol Gold
Mines
1.00
45%
Canadian
Feb
Jan
3%
10%
El
2%c
5,000
21%
Mar
*
Ltd
Eldona
'
5c
Ltd
40c
•
Elec
Mar
100
Vinegars Ltd
Canadian Dredge & Dock Co Ltd
Sullivan
nnq
4c
Mines
God's Lake
150
7%
40c
Canada
Canadian General
Jan
25
5
East
4
5c
Mar
5
•
Products
12%
I
.
Pood
10
5
Canada & Dominion Sugar
Canada Malting Co Ltd
Canadian
High
5
160
B__*
Company common
Preferred
225
7%
British Columbia Pulp Ss Paper com—.*
Brown
9%
10%
•
Vancouver Ltd
Packers
Low
*
A.
Range Since January 1
High
100
com..
class
of
*
com
Hosiery
Ltd
Shares
9VaC
15,800
11,500
Ltd.._1
Ltd
Dulama Gold Mines Ltd
for Week
10
Mines
9c
1
Mines
Mining Go Ltd
Donalda
Range
9%
Limited..
Sales
ef Prices
Low
Works Ltd.—
Steels
Dome
Week's
40c
2%c
1
Cadillac
Explorations Ltd
Cournor
Cu*Bu Fvnd*
Friday
Central
30c
?%C
7%C
....__l
Cheskirk Mines Ltd
Consol
36c
8%C
1
1
2.60 Mar
47,350
,
55c
50
100
Mar
1.15 Mar
200
3.200
1.66
Feb
■
63% Mar
6.25 Mar
2.60 Mar
1.90 Jan
1.15 Mar
1 95
v65
7.50
Feb,
Mar
Feb
,
167,;- Number 4683 i
Volume
THE
COMMERCIAL
& FINANCIAL
CHRONICLE
CANADIAN
LISTED
Week's
39
MARKETS
RANGE FOR WEEK
ENDED MARCH
Friday
(1291)
19
Sales
'
STOCKS-
.
par
•
Dredging
Nechi
Cons
New
Louvre
Low
1
Mines Ltd
1>08
ww
Osisko Lake Mines
♦ '» -A—---r•
Ltd—
X—ul v-'
Cadallic Gold Mines Ltd
Pandora
5c
Snerrrtt-coxaou
Mines
Gold
Siscoe
Muic.
57c
Soma-Duvernay.
Gold
Mines
Stauacona
Mines
Sullivan
Minns
cons
Sylvanite
Ltd----;
Mines
Gold
Amulet Mines Ltd
Westville
Mines
_xx—-x
Ltd
&
Calgary
Edmonton
Corp
Homestead Oil—
GaspoOil Venture* Ltd
Oil
Home
Okalta
Pacalta
1
;
Exploration
Oils
Co
Feb
Canada
58c
Jan
.Mar
1.15
''
3.00 Jan
Mar
43c
5%c
13c
2.11
10c
99c
2.08
4.75
16c
1.50
'
6 10
5.50
9c
95c
7c
Ltd
,f'
*
17
95c
45,500
5%c
Jan
280
4.50
6.50
1.30
.
Mar
5c
;
STOCKS-
Mar
16
9%C
i
.
Acadia-Atlantic
Range
of Prices
12%
13%
Jan
1&'%
17%
19'%
37
37
37
Akaiteho
A
;
—*
:—
16%
100
101
Aluminium
Ltd
common
tnglo Canadian Oil
4,700
119,900
38
38%
39
65c
Mar
2,752
217
60
195
24%
245
24
Mar
24c
19,400
20c
Mar
30c
33c
1,000
10c,
lie
17,800
'
1.35
Resource*
*.'■
5c
——1
—;
11c
6'%
•
—
5
6%
9c
Feb
1.35 Mar
•
■m
Yellowknife
■
Aumaque
Gold
35c
5% Mar
67
2,000
7%
35c
Feb
Plow
6c
Mar
Mar
7%c
4c
4c
27,000
10
10%
I,965
10c
;
'
1.20
Feb
1.05 Mar
19,800
13c
Mar
'7c
/
Mar
2.65
\
Feb
Jan
Jan
Jan
1.35
Jan
1.40
Jan
33c
Jan
16c
Jan
7c
9c
16,500
11%
100
8
8
100
36c
3,200
30c
Mar
65c
Jan
5Vic'
35,100
4c
Mar
8'/2c
Jan
Jan
11%
8
Feb
Mar
13
,8%
Jan
Feb
2.24 Mar
-
1,000
36,675
1.76 Mar
50
6% Mar
7
—
10'%
—
__
12% :
10%
10%
250
10
Feb
16c
22c
3,700
16
Mar
5c
6%c
50
Smelting
—
__
60c
34c
1.50
300
500
s
76c
85c
5,900
14%
147/8
260
•
Jan
Jan
Jan
Feb
Jan
76c
1.00
Jan
16%
Jan
44,500
55e
Mai-
11c
40
llc
Mar
17c
55,600
13c
Feb
5
93%
92%
96
1,595
91% Mar
9%
9%
10O
9% Mar
—
—--
•
19
Feb
Mar
63c
148
1.50
14% Mar
11c
-
Jan
Jan
7%c
55c
*
11%
27c
36c
Jan
13%c
100
Jan
Mar
11c
—
14%
Mar
1.40
16Vic
*
common-.
8
34c
•
*
2.45
5c
24,100
34c
1.40
—
12% Mar
12%
1
—
3.00 Mar
:
•
,
2
Oil
A
Corrugated Paper Box
18c
2.05 ;
7
"
Mines
-
Imperial Mills
16 %c
Jan
Croinor
11c
Jan
Crown
,
*
Mining
3
3
300
3
145
150
134
145
70c
82c
34,000
19
20
Mar
Mar
70c
Mar
74
19
Mar
195
25
85c
Jan
21c
Jan
21 %c
Jan
101
10%
Feb
Feb
3% Mar
154
1.09
Jan
Feb
23
Jan
Mines
Pershing
Trust
9 Vic
Jan
Crow's Nest
Mar
13 Vi
Jan
Crowshore
—
1
-
-
—
1
-
Coal
26 Vi
27%
Jan
15c
15c
4,000
15c
Mar
22c
Jan
25c
26c
9,500
25c
Mar
30c
■
—
100
—
65c
10,900
115
115
18
Feb
15c
25e
Jan
D'Aragon Mines
3.30
3.75
4,600
4.00
Jan
Davles Petroleum
8 Vic 13%c
28,150
20Vic
Jan
Delnite
10c
48
48
50
42
•
10c ll%c
9,000
90c
Jan
Jan
Mar
Mar
Jan
10c
115
50
**"/
Mar
Mar
14c
Jan
Feb
Mar
-—1
Mar
115
4
Patricia
55c
55c
100
—
Jan
26
1
Mar
3.40
6c
8c
15c
3.30 Mar
Feb
12c
Cub
Aircraft
Leather
>40%
53c
25c
43c
20c
18c
;
'
Discovery
Ye.llowknlfe
12 %c
Feb
22c
42,000
18c
11
20
Mar
25c
Mar
10 '/a
Feb
Nickel Mines
49 %c
;
f;
9'%c
48c
Feb
1
37o
35c
37c
1
57c
45c
62c
1-^00
1
44c
17%
40c
16%
60c
17%
44c
41c
62c
21%
21%
23 /e
Lake
Lake
-
Distillers Seagrams common
;
25c
Jan
Dominion
&
Jan
Dominion
65c
Jan
Dominion
18%
Feb
Dominion
60c
Feb
Dominion
Magnesium
Malting com
Dominion
Scottish
28c
Jan
.
5c
20%
24'%,
*
2,500
3 Vic Mar
5c
Mar
49c
54c
7,350
49c
Mar
55c
Mar
4c
"iJan
6c
Jan
15 Vi
4,
500
Dominion
12%
495
4'/a
800
26
145
2>/4
2'/4
305
30c
30c
19%
11%
8
Jan
23
Jan
24
Feb
85
12
Donalda Mines
63c
51c
73lc
Dulama
Gold
Mines Ltd
21c
17c22%c
—
5 Vic
Mar
East
Feb
23%
Jan
East
East
Jan
25
Feb
Mar
99
Jan
Mar
4
•40
Feb
42
Mar
Amphi Minee
East
Crest
Leduc
Oil
.
Oil
Malartic
—
Mines
*
1
^
7c
27c
26c
,
60
(
150
183,600
^3,100
40,400
60,600
J-®®®
10,500
1.65
1.57
1.75
^,500
23,250
2.11
1.60
7%
6%
2.20
7%
215-^'®
590
Feb
18 Vi
Jan
Mar
26%
Jan
19% Mar
21%
Jan
13%
22
11
51c
Feb
Mar
12% Mar
""1.10
Feb
17c
Jan
29c
Feb
28c
Mar
74c
' Jan
Mar
12c
Jan
5c
7c-
Mar
33c
3an
5%c Mar
10c
Feb
Feb
45c
Jan
2.08
Feb
26c
1.57 Mar
1.60 Mar
3.50
Jan
Jan
12
Mar
4
Vi Mar
24%
Jan
Vi
Feb
2
Mar
50
.
20
11 %
7c
16c
Feb
2,900
29c
Mar
;
--
100
new
Jan
41,300
19c 22 Vic
23.50
1
Textile
Jan
—"
"
pfd
•
7%c
3
Jan
6
325
16%
34
28
3,615
15 Vi Mar
4,050
Mar
23
7c
92
22
22
--
3 Va
Feb
760
14'%
•
3
Mar
27
227%
last
91
23% Mar
95
Jan
15%
Jan
91
Jan
Mar
25
Stores
19%
3 '/a
Jan
Jan
Jan
65c
95
42
16'%
Feb
237/a
19%
64c
20'%
25
41
40c
1,725
Feb
Mar
400
41
7 %c
24%
16%
10
'
50
pfd
5c
24%
2,555
•
Inv
28c
5c
,
24
6c
20
Mar
41c
24
32c
1,470
40c
40,750
"
24
1
6,000
42,700
Jan
6V
1
5%C
12
0/»
Duvay Gold Mines
20%
Mar
82c
23 %
Duquesne Mining Oo
5c
4%
22
Jan
-
45c
Mar
95
1.00
Mar
Feb
45c
46,200
1,500
26
Jan
20
v
—
95
25
11
17
.
22 Vi
*
—
Dominion Steel & Coal class B
3,381
25 \
1
Foundry & Steel
Dominion
17%
—
10
Feb
65c
30c
Jan
11%
,
Anglo Invest
Jan
15%
"
2
—*
Bank
17c
200
Jan
Jan
Mar
Mar
29c
65c
Jan
1.60
5c
Mar
9.00. Mar
18c
26% Jan
25c
Mar
65c
V 9.00
1.07 Mar
14,000
19c
1,170
23 % Mar
5,300
30,500
12c
II,100
Mar
95
1.30
6c
8,500
9.0O
10c
24
1-07
Jan
Jan
29c
4,421
4%c
1,500
10c
10c
23%
1.00
21c
5c
14c
4c
Mar
25c
23C
9.00.
Mar
7c
26c
41 4 Jan
5c
-
50c
45,000
5%c
12c
■ —■
2,240
10c
1
19c
12c
65c
7c
——————1
Red Lake
Diversified Mining
tVhwa Mines Ltd
169
—
—
50c
Jan
Jan'
Feb
37,800
.
Red
Jan
Mar
17
50
Dickenson
72c'
Mar
33c
5,000
Dexter
Jan
22
Mar.
9c
160
908
160 162'%
Feb
38%
Mar
38 Vi
10
97,700
Detta
Red
10c
1
Denlson
—
10c :
*
A
37 V2
w
<
*
class
Mines
Feb
Mar
27c
82,350
9c ll%c
Mar
9c
17
*
——1
—
Jan
28
Jan
Feb
415
36C
27c
35 Vi
34 Vi
143,700
17%
17%
7■;
190
35.
8c
Feb
25
145
::
36%
9c
Mar
6c
495
17
-\
8 Vic Mar
8,166
26
25 Vi
—
15'%
1.51 Mar
4,000
v.
88c
"15
11%
8
1
Gas
9c
100
——
53,135
•
Exploration
Mar
10
91
•'
16c
5
Press
8c
15%
dass B
1
British Dominion
Oil-———r——*
Broulan Porcupine
1
13c
*
Cadillac.
15c
17
A
16c
18c
-
41,900
17%
—
1.24
1.25
•
Sullivan
Mines
13%
Jan
Easy Washing
Eddy
Paper
:
Jan
Elder
26%
Jan
Eldona
6
2%
Jan
25 %c Mar
37c
Jan
El
Sol
Machine
class A
Gold
Mines
Mines
Equitable Life Ins
Eureka
Corp
—
20
—
16
52c
69c
55c
1
16c
25
—
*
2.70
56c
_
2.40
H A
3.00
9%
16
Jan
Mar
Mar
19%
Jan
45c
Mar
74c
Jan
55c
56,025
_76c
12c 16Vic
11 %
Feb
16
17
45c
1
8% Mar
15%
l"
16
1
Mines
Gold
1
•
Eastern Steel
B
1.20
1.05
1.76
—
99,900
n
5
Class
25
1.20
Mar
Mar
12% Mar
3,400
18c
B—x
Consumers
Conwest
Cosmos
*
British Columbia
Power A
24
1.70
1.95
common
Homestead
Consolidated
Jan
3 Vic
25
24
1.58
—
———1•
-
Coumor
*
conv
Jan
70c
11
9,400
Jan
*
3%%
25
25
1
Consolidated Mining &
Jan
6c
—
British Columbia
Electric pfd
British Columbia
Forest—"—
British Columbia
Packers class
Mar
78c
1.60
Beattle
Jan
160%
:
Jan
24
70c
v
*
Yellowknife
Central
15c
40%
"
26%
Consolidated
Jan
13Vi
11c
*
Mar
•
38c
36c
1
25
1
—
Dominion Tar & Chemical
_* :
10
1
11,800
...1
—-
25
'
•
Mar
11
-
8,815
W
1
—
10c
1
*
180
13 Vb
Bakeries
Mar
lie'
1
11'%
12%
Consolidated
Mar
43c
—
11
13
1
Mines
x
Coniagas Mines
6c
17%
Bonville Gold—
Borduiac Mines
Boycon
Pershing
Braxorne Mines Ud
T>-
76c
*
Lake
11
28,000
.7
-1
class A——,
A
15c
21,920
*
JLlLU———
Jan
11%
*
—
Dunlop
22c
.1,
Gold
30
Jan
500
7%c
SJUlli
iuiiiCfi
Mar
22c
13c
Bevcourt Gold
J W
21
Feb
9,000
33c
Bonetal
155
22 Vi
•
*
8c
T
IX
Feb
Jan
•
1
15c
*
-«...
Jan
13%
15c
90,400
36%
100
11%
15%
Mar
25
Railway
Oils
9c
35
Brothers
Mar
13% Mar
10
50
Feb
Coin
Jan
60c
Jan
Jan
5c
Class
2.12 Jan
83
36%
25 %
1,355
10.
21
8
975
i
Jan
Feb
Mar
18
Feb
Colomac
i
8%
13%
10
Jan
Jan
' Jan
63%
Feb
34%
95
17
•
3c
Commoil
Mar
•
Feb
30,000
Jan
.
13%
35
8
21
Jau
21
Mar
,
18%
13%
,
25%
Mar
10
4Vic
Mar
125
8%
•
Malartic
9c
9 Vic
.10
Beatty
56%
Mar
17
3c
Jan
6 Vic Mar
25 :.i
*
450'
400
23
700
410
60'%
18
?
505
1
20c
•;;C: 7c
Bear Exploration &
Radium.
'
-
59
35
__
18%
»
11
common——.
Jan
9 V4c Mar
5,000
6c
12 %C
•
15%
15% ,15 Vi
Jan
30c
Davis
1
495
15%
Jan
21'%
Mar
31c
14,500
6c
11c
,i-
Bagamac Mines
Bankfield Consolidated
10%
*
-
-
Gold
22c
1
Aunor Gold
18 %
10
"A"____*
Corp
9 ViC
.1
Mines.
23'%
17
24
16%* Mar
15c
11%
10%
Aubelle Mines
23
17
17% Mar
1,505
11,900
Jan
3,424
6c
7c
„1
■
__
•
9,887
<
34,995
Feb,
7c
Atlas
18
-
Jan
21c
Consol
9c
,_1
~
19%
Jan
23
2.55
Crestaurum
Astoria Quebec
Athona Mines
Atlas Steel
17%
16%
Jan
7%
Feb
15c
15c
"
& 11%
19
25'%
Mar
2.24
38c
:
6,
22
2.40
Cochrane
Mar
9.00
30
1,040
17
100
com-.
Cochenour Willans
10 Vic Feb
Feb
21 % Mar
115
6
22 Vi
1
Consolidated
8.50
22
6
22
19 %c
9 Vic
70
21%
22'A
1
11%
9c
20c
.10
Jan
Feb
>
Alcohol
•
Jan
20
Mines
5c
35c
;*
14
41
75
1
41 Vic
S':
Feb
Feb
Jan
Feb
"
11
35
70
4c
25%
Feb
170
5%c
Jan
225
ip/a
1
Feb
6%
n
Mines
Jan
Va
Jan
30c
6c
69
-100
Jan
36c
Class
common
37%
201%
48
1
65c
.
Mar
210
197
Research
Mar
.
33
194% Mar
34
194%
Feb
50
*
Mar
7c
c
Jan
*
Porcupine
4c
He
9 Vic
1
-
11%
25
——»,%
Coa
Patricia
32c
5%c
% Mar
•
Gold
500
14,700
,
9
common
Products
Tire
3,100
4c.
80
36
•
Pacific
4-1 8,100
•
9%
72
*
Locomotive
45c
4c
Jan
9%
117/8
10
—
8.50
32c
4c
•
22Vic
17,600
53%
72
Conlaurum Mines
1.65
8.50
1
———*——1
—
56
Feb
24
20c
1.60
28%
Mar
35 Vi
preferred
Food
Cockshutt
215
-*
Mar
45
*
common
Canadian
Coastal
Jan
33% Mar
216
1
27
45
Citralam
Jan
13c
Jan
170
Chimo Gold
Jan
87Vic
28 7%
569
33
—25
Chesterville
8Ti~ Jan
3 Vic Mar
21c
——,—*
Porcupine
,8c
14% Mar
15
*
Industrial
;
Jan
47
ZZ
*
A__
Mar
Mar
4%
27%
Cheskirk
Mar
7% Feb
24 "A
—-—-w:-*
:
—
Argus Corp
Preferred
Warrants
Arjon Gold
Armistice
80c
5%c
—
—
Anglo Rouyn Mines
Ansley Gold
x
65c
3 Vic
6c
:
19
Jan
3.00 Mar
3% Mar
27
Chemical
Jan.
101
Feb
•
Ar.glo-Huronian
Area Mines
70c
3 Vic
20Vi
Feb
Mar
45
•
Preferred
Jan
37 Vi Mar
16 Vi Mar
98
—1
—
Aquarius
350
17Vi
Jan
16c
65c
14%
100
Centremaque Gold
Chatco Steel common
High
;
Jan
—25
pfd
Yellowknife
Com>
3,000
8
*
Amalgamated Larder Mines—
American Nepheline
apex
25
8
Jv
va xviar
35 Vi
115
6c
1
common
Aluminum of Canada 4%
American
17
1
—
17
700,
101
*
Mines
Steel
Aigoma
;
60
——0
Yellowknife
Gold
2,920
'
Agnew-Surpass
Alger
LOW
12 Vi Mar
2.48
4,600
4.65
.
,
,
__
__
rCanadian Malartic
Range Since January 1
3,370
-
*
Central
Shares
—20
class
20
^
<
Feb
50
Celanese
Canadian
for Week
13%
Preferred
4
Castle-Trethewey
___20
Acme Gas & Oil
2.90
4
common
A
Cariboo
High
$1.50 preferred
$2.50
preferred
2.60
Mtge
Canadian Wirebound
'
6
2.78
•
Dredge
Canadian
Feb
•18%
Feb
Class
Feb
Sales
Low
Abitibi Power &
Paper common
Feb
Mar
3.65
Feb
Jan
Mar
__
Central
Sale Price
6C
34c
20
Canadian
Jan
Exchange
Last;
Par
11,105
»
Preferred
16c Feb
15c
.
Jan
15,800
♦
Wire & Cable class
Canadian
Canadian Fund*
•
3.70
•
Canadian
Week's
16
2o
Canadian Oil
Friday
29%
14'%
—1
Permanent
Canadian
Jan
1.95 Mar
■
Toronto Stock
28Vi Mar
55
280,100
Malting
Convertible
20Vic Jan
Jan
Mar
7c
80,000
17
16%
10c
140
15
16c
Canadian Canners common
1st preferred
4 Vic Jan
5.25 Feb
500
9'/2C
5c
Royallte Oil Company Limited
•1,660
500
29
41c
Canadian Bakeries
Jan
5.00
Feb
1.25
Jan
10c
4.20
,
Jan
Jan
Jan
15
■
Feb
12 %c
5,300
-
6.10
95c
8c
-
3.75
17,000
1.90
■>
>■
Ltd
13%c
1.80
12%
16%
-
28 Vi
__
4.20
Canadian Bank of Commerce
Canadian Breweries
19 Vic Jan
2%c Mar
800
Jan
29
■
•
Feb
12c
Class B—
1.51 Mar
Feb
-
10c
% Mar
13%
Jan
30%
10% Mar
22
166
34c
Class A
3 95
80
20
14 %
40c
common
Canadian Car
3 go
11%
22 Vi
14
Feb
25c
„
;
Feb
10%
Jan
15 %c
11'%C Mar
28%
Jan
2.40
Mar
22%
__
1,000
6c
•
High
99c
1.50 Mar
l2%c
1
Preferred
Jan
Mar
1-51 Mar
6%c Mar
7,000
•
Mar
1
Cement common
Canada
Jan
Mar
3C
140
28 Vi
•
Flon
Canada S S Lines
Feb
87/ac Mar
4c
?
29%
Jan
74,000
5.00
29 Vi
.
Canada Northern Power
Canada
Packers class A
Jan
1.80 Mar
:7:
21,400
11%
*
Preferred
Canada
7,200
15c
1
preferred
Edmonton
Bread
Canada
Jan
Jan
100
&
Canada
.Jan
Jan
2'/2C
-
•
Ltd
Oils
Omnitran>
15c
67c
-4c
2V2C
Calgary
"'16c
-:
35c
65,400
11 Vic
__
Campbell Red Lake
Jan
11c
8c
7,500
»
Oils
Mar
1.51
•
1st
Flin
Calmont
7c
4.95
—16c-1
::
Ltd
Co
4 x/2c
Callinan
Feb
Mar
1.48
10c
13V2c
,
preferred
Jan
.Feb
99c
Linen
Second
13c
1.01 Mar
16.000
6c
•
Calder-Bousquet
Caldwell
65c
-1.45 Mar
200
6.900
•
Steel
Feb
8c
6 %c
4.^5
Jan
Jan
'
3,000
1.85
40c
__
9c
50c
8c
1.50
...
2.00 Mar
3,000
1.51
ix,gc
5.80
12,534
10c
1.69
7%c Jan
56c
1.80
;
Ltd——»
Consolidated
Burlington
Feb'
42c
V
1
Burns & Co class A
Class B
Mar
Feb
10c
47,600
__
50c
>/?:.r';.;:^
•
Buffalo Red Lake Mines
Building Products
2.17 Jan
'. 10c
87/aC
1.30
.1 V
Jx*,*.
Feb
89c
.11 Vac Mar
125
7c
___1
:
l OU Stocks-
8c
iqc
1
Vinray Malartic Mines
Waite
2,900
1.80
1
Feb
6c
Low
62c
„
Mar
%
3,500
18,535
40c
50c
1
—
45c
1.01
'
—__1
1.95
Range Since January 1
High
40c
♦
Jan
19c
1,500
i.8o-;
•"
ioc
■
Canadian
Mar
57c
17,000
7
1.45
5gc
*
__
Mines
Thurbois
14c
1
Iron Mines———Mining Ccrp__
;
buxiaio
8.20 Jan
35,5007
10c
13c
JJ
35c
•
Ltdx—_
7%c
42c
Ltd—_1
Steep Rock
Steeloy
34c
":7c
:
1
Lid
i»44
Mines
Gold
Standard
24 tic Mar
Shares
57c
*
2.00 Mar
4 %c Mar
23,000
38,700
76,800
71c,
29c
■
1.74
Ltd—
5c
200
6c
1.01
vi<u
Ankerite
for Week
of Prices
Low
1
Buffalo
Mar
50c
Buffadison Gold
Sales
Range
Sale Price
,•
Jan
1.50 Mar.
500
2.00
10c
v.,
5c
500
5.20
2.00
__
Mines
—»0C V
Senator-Rouyn
Ltd—
1 :
Sheep Creek Gold Mines Ltd—50
7.'
1,000
6c
4 %C
Co Ltd_——1 ;V:
Santiago
5c
1«55 Mar
6,200
"50c
5.20
n-'.'V
Par
1.18 Jan
;
Jan
24 %c Mar
.
4,100
2,000
-
5c
"
6c
Gold Dredging Ltd—r
pickle Crow Gold Mines Ltd—
___l
Pitt GoJa Mining Co Ltd—
1
'.V 6~
Quebec Labrador Development——11
59 x/^c
Quebec Manganese —„—J—_32c
Quebec Yellowknife Gold Mines Ltd_._l !
;
Rochette Gold Mines
71,000
1.75
50c
\
STOCKS—
High
1.05 Feb
'
3,000
5c
1.50
Cons
Paio
15,900
:
.
1.(50
_i
Low
5c
24 Vac 24 %c
1.55
1.70
Week's
Last
Range Since January I
.
1.10
5c
Friday
t
Shares
High
1.05
—_—__l
Marlorf Gold Mines Ltd——';—1
24 %c
Normeiax >a~nnxg Coxy Lid——*• 1.70
Norseman Mines Ltd——1——
1
New
O'Briei"
for Week
SaleL?SrU.;;o?Ss
■ ■
.
Mar
12c
Mar
1.30
Feb
25o
Jan
43-^
11% Mar
12'%
Jan
26.975
2.40 Mar
4.55
Jan
4T"
Monday, March 22, 1943
(1292)
RANGE
MARKETS
LISTED
CANADIAN
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
FOR WEEK
ENDED MARCH 10
16
1,185
15% Mar
1
37%
34
37%
1,585
34
.100
Shops
Fanny Fanner Candy
Grain com
Preferred
85
_
Kirkland
Ltd
1
Class B
„
22%
1,925
21
Jan
22
—
preferred —
preferred
5 %%
'
Preferred
,
Gold Mines
Giant Yellowknife
90
Mines
.
r
Goldcrest Gold
—
18%
103
Mines
Mines
Goldvue
Goodyear Tire
common
Preferred
Feb
108
Jan
108
Mar
111
Jan
2%
3.60
2.90
3.80
68,591
8c
10c
30,500
9c
Jan
Feb
78c
Preferred
Jan
Jan
3c
22,600
50c
Mar
Mar
Jan
Jan
%c
13c
17 %c
13c 14
133,800
6,000
48c
1.09
62c
11c
Mar
16c
Jan
)
—
-——
—1
:
8c
3c
5c
7,500
3c
10c
14c
25,310
10c
Mar
2%c
3c
5,500
106
107
65
101
60
49
14c
Mines
Hallnor
,
Eridge
Hamilton
—
——
Rock Gold
Mines
—■
Gold
Mines
Gold
Headway Red Lake
Gold
Jan
40 %
U
10%
11
270
10% Mar
paid
20 ft
10
18% Mar
19%
4c
50
3%c
Jan
5%c
6,740
2c
Mar
3c
!
—
Petroleum
International Uranium
15,112
5c
Mar
8c
Jan
8c
70c
Mar
95c
Nicholson
13,138
Feb
78c
2,000
5c
Feb
7c
;
Mines
-
(1939)
—
— a.—
7c
(John) Ltd
—
Labrador Mining & Exploration-
Laguerre Gold Mines—
Lake Dufault Mines
Gold
111
Jan
115
Feb
21
Mar
23
Jan
Ontario
715
25
Mar
27
Jan
12,552
14
Mar
16%
Jan
Orange
12%
12
13
960
12
'
40c
Woods
Mar
981
8
%: Feb
500
40c
Jan
26
30%
Feb
99
125
98% Mar
102%
Jan
29% Mar
34%
Jan
11
Mar
15%
Jan
40c
Mar
59c
Feb
31
5,189
11
12%
22,037
2%c
%C
4%c Jan
7c
Jan
Mar
12c
1,000
8c
8,750
'
2%c
Feb
3c
Mar
11,800
13c
Feb
18c
Mar
5c
2%c
1,000
5c
Jan
35c
Mar
25c
Mar
Mar
8c
3c
'i 13c 15%C
5c
-<
35c 42 %c
'11,300
25c
35c
45.740
13%
14%c
Mines, Ltd
For footnotes see page
58c
Feb
Jan
Porcupine
Jan
Porcupine
4%C
4c
4%c
12,100
14c
15
12c
Jan
22c
Mar
Jan
1.78
-
Mar
Jan
■-
25
23% Mar
4c
45c
38c
500
2c
Feb
12c
1,500
11c
Jan
12%
12%
13%
3,342
53c
43c
59c
22,700
27
5
2.50
2.7.9
6.25-
1,400
825
••
10
.12%
43c
Jan
Mar
Jan
1
27
Mar
2.50 Mar
6.25
17
Jan
Mar
14% Mar
70c
Jan
28
Mar
Purdy
Purity
Mica
1,000
18%
19%
925
Quemont
Milk
1.10
1.21
8,300
Renabie
class
Fpb
1.99 Mar
25,100
4'Ac Mar
14,830
75c
Mar
Jan
31c
Mar
20c
13,550
•
3%c
500
3'Ac
Jan
47/8c
Jan
20c
3%c
55,550
15c
Feb
28c
Jan
6,536
28c
Mar
46c
Jan
15c
30
7'Ac Jan
Mar
4c
12,000
V'H
^
4c
18.600
Feb
6%c Mar
1.05 Mai-
2,387
"1.40
Jan
Mar
51%
Jan
Jan
43
4,648
12c 13 %c
15,000
He
Feb
24c
15c
500
15c
Feb
20c
2 %c
500
2c
Feb
3'Ac Jan
1.50
1.70
37,430
Jan
1.96
1.50 Mar <
Feb
5c
6c
27,000
5c
Mar
10c
Jan
4c
5c
15,000
4c
Mar
10c
Jan
21c 27%c
8,000
21c
Mai-
32c
Jail
3c
3%c
4,000
3c
Mar
4 %c
3%
250
3% Mai-
4% Jan
5%
5%
100
5% Mar
6
1.40
1.79
10'Ac
10c
'V
118
118
3%
122
17%
17%
Mar
7C
1,060
6
6,000
5c
Mar
13c
4,800
11c
Jan
6
5c
12c
7%
Feb
3% Mar
17% Mar
7%c
~1
Jan!
121
Mar
3% Mar
50
Jan
15c
7'Ac Jan
16c
Mar
118
13
3%
Jan
1.35
Feb
7c
89,200
9%c;
7c
8c
3%
Jan
74 %c Feb
Mar
5c
5,500
4,700
5c
Feb
Mar
2.20
1.40 Mar
39,2*75
14c
;
5c
•
Jan
18
10%
10 %c
Jan
Feb
18'Ac Feb
1.15
50c
64c
177,000
50c
Mar
45c
51c
17,800
45c
Mar
70c
Feb
5c
6c
88,042
5c
Mar
10c
Jan
6c
6c
500
Jan
11c
Feb
1.21
Jan
6c
31
565
1.30
38,950
1.15
6c
5%c
5c"
1.15 Mar
3,500
8c
4c
5 %c
Feb
28
3,000
Jail
5c
32% Jan
1.55
Jan
7'Ac
Jan
Feb
8c
Mar
5c
17,000
5c
Mar
81c
61,100
31%
30%
1.22
4%c
90c
81c
90 c
Feb
3'Ac
5'Ac Mar
37c
35c
39c
'24,000
35c
Mar
46c
Jan
11c
10c
13c
117,600
10c
Mar
20c
Feb
190
5%
5%
68c
1
70c
2,850
12
12
200
12
75,333
IOC 12 %c
12c
2.10
23,100
2.10
1.85
2,150
2.85
3.15
14c
15c
8,000
38c
43c
14,500
5% Mar
5% Mar
68c
Mar
82c
Feb
12
Mar
20
Feb
10c
Mar
16 %c
Feb
1.85 Mar
2.30
Jan
3.50 Jan
2.85 Mar
37 %
37
35'%.
1,165
37
60c
50c
60c
8,200
50c
60c
60c
1,500
60c
11%
11%
.11%.
810
38c
25c
Mar
14c
41c
Riverside
Silk
Jan
Robinson Cotton
8c
Jan
Robinson
Jan
Class
Jan
4%c Jan
Roche
Jan
78c
Jan
Rochette
Jan
Roxana
1.25
(Little)
A
1
60c
60c
Lac
Co
2,000
10
65
:
54 %
30c
36c
52c.
15
Jan
41%
Jan
Mar
88C
Jan
Mar
72c
Feb
12%
Jan
Feb
Feb
10 %
65c
61c
,
72c
I
55c
61c
Mar
25,645
10'A Mar
9%
15
7c
21,500
A
.
"23
"
H
400
10c
1,000
10c
Feb
19c
7,500
17c
Feb
30
30%
170
12
110
8
8
50
<■
16
16
10
.IIIHill
—
11%
27C
Jan
11% Mar
8
Mar
15'A
Feb
Mar
Jan
5c
5%C
3,500
dc
11c
5c
^
•
Feb
2.75
30
11c
1,000
10c
25 %C
27c
6,100
89c
86c
14%
,
,
,
%
Feb
Feb
Feb
Jan
Jan y.
,
9'A
,*
;
Feb
9c
Feb
18c
<■
—
2.30
90c
Mar
10c
~o
^
6c
2.65
19c
♦
common
9%
v
Feb
54'A Mar
45c
Mar
18,300
?
Mar
52c
6c
73c
II—1
Jan
51
Jan
10% Jan-'
9% Mar
3,000
12
1
—
Jan
5'Ac
,
8%c Mar
Mar
10%
__1
15
Feb
30c
9%
11%
2.10
1.55 Mar
13%
17,700
65c
Jan
56c
Mar
70,050
-55c 71'/2c
^
A
Gold
Oils
6%c
'
Z—III
1
Long
421
52
•
class
17%
15,050
14
9%
—1
(1936)
11c
1.76
6'Ac
-l
——10
—
—
Mar
1.55
1.65
30c
Mines-—!—;
Gold
Jan
57c
46 %c
_40
1
Mar
1.10 Mar
%
—
.s.
-
uoia
ttegcourt
Jan
5%cMar
61c
Feb
66,300
,5c
89c
20c 24 %c
1
Gold
545
700
6c
1.15
2.25
Jan
Mining
Reno
13
5,200
——
Queenston Gold Mines
Richmac
12
65c
Feb
1
1
_•
—_1
—1
——
Jan
13
3%c
2.99
75c
1
—
Feb
4%c Mar
3c
Jan
3%
1
Preferred
Jan
7,500
3c
22%
1
Mills com
Flour
6.95
52,500
4c
Jan
18'A Mar
4%c
1.91
Jan
33c
Mar
18c
13%
Mines
3.00
20
13,300
65c
42.
18c
Jan
Quebec Manitou
7c
1.20
18c
59c
Dome
Quebec Gold
5c
...
16
Mines
Quebec Labrador
-3
—.
East
Preston
Jan
5%c
3c
Jan
13 'A Mar
92c
—-
Jan
4c
12
1
Jan
5%c
-1
Metals
15c
5c
4%c
Jan
.11%
50
24c
—
4%c
7%c
5c
45
10'A Mar
13%
1
Voting trust certificates
Pressed
Quinte
17
39% Mar
520
13%
j
58c
Mar
2%c
Jan
6%c
Mar
11c
Jan
7.75
4.10 Mar
38C
27,000
50
10%
Jan
19c
1.41 Mar
lie
43c
"
39%
10%
6c
—*
Rouyn Gold
21,760
Mar
1
*
River
5.25
37c
1
Peninsular
Reef Gold——
Powell
,
Jan
23,600
Pioneer Gold
52c
Powell
4.10
Feb
18c
74,250
'
Jan
5.00
Jan
15c
37,500
Crow Gold Mines—.
Jan
„I
Jan
26%
Feb
71c
Porcupine
50c
670
71
Jan
10c
20c 27 %c
„i
Gas_,
&
Pickle
—1
:
Oil
Piccadilly
Proprietary
—I
Candy
Petrol
33c
23%
Feb
25
1.20
———
Mar
23Va
65
225
5,000
v
66c
—
Perron Gold
Jan
7c
13% Mar
Jan
340
67
11c
92c
—
Mar
4,500
Jan
5c
*
—
Paymaster Cons Mines
Pen-Rey Gold Mines—
16c
12c
16%
25%
1.69
1
16c
32,345
Mar
'
•
1
1
Mines
Parbec Malartic
20,800
4,394
31,500
14%
14%
14
2 %c
Paramaque
57,800
"1.60;
Jail-
1,360
19% Jan
15%
15c
•
--————-—1
Cadillac
Pandora
22c
14c 17 %c
39c
-
70c
*
16c
1.41
Mar
'
Mar
Mar
1.55
Pacalta Oils
3,500
12c
-1
.~1
—
5%C
13 '/a
28c
10c
13c
1
1
i
Mines
5c
16c 19 %c
2.50
Mines
Mines
Lake
5c
19%Ci
5,400
18
14
.
Jan
4,500
8c
"
31c
28
——1
Lake
People's Cr Sec
4%c
4%C
8c
14
126,000
50c
40c
25
—
Page Hershey Tubes
——
Pamour Porcupine Mines Ltd—!
39c
25% Mar
29%
65
14
25
16c
•»
*
Feb
22
25%
31
12 %
46c
40
19
'■
66%
.50
—
Jan
14%. Jnn
Mar
12
Jan
32c
,
•12
18%
85c.
24c
-l
23
55
•
1,100
26c
26c
Jan
7.85
Mar
26c
'
Petroleum
275
Mar
6.10 Mar
__0
Pacific
1,000
1 Mar
2,250
6,085
Zi
Jan
37c
36c
2.25
6.50
—
(Eastern)
12%
Feb
1.85
6.10
Feb
Jan
98 %
—•
common
Oil
9
55c
Mar
22%
22
37c
32c
—
Osisko
Oaulake
10%
12
37c
-1
Feb
Jan
50
12
12
,_1
„1
7c
8%
Jan
7
3
Feb
1.85
44%
com—^
Gold
Red
Jan
5'Ac Mar
13,000
7c
43
Pacific
17
Orlac
27
f
_T
Lebel Oro Minos
Leitch Gold
9
40c
8%
Feb
5c
25
Steel
Orenada
6% Mar
18,100
7
•
7
Jan
7%
2%c
CadillacLapaska Mines
Leduc-West
-7c
5%C
'•
130
6%
6%
6c
14%
Jan
11c
16
J„
————
Crush
Mar
177/s
44 VS
—————
—
Ontario
15
_1
Zl
Loan
25%
Mar
1.10
50
14
16
1.10
.-jw—_
700
25
Jan
16
10
*
110
15
18c
1
O'Leary Malartic
25%
Mar
6%C
Omega
Rights
12c
39%
1
8%
7% Mar
Jan
10,500
14
Oils
Okalta
Jan
29c
34,690
4c
——
Mar
75c
Mar
16c
5%c
25%
•
21%
21
Gold
Secord
Jan
'
66
46'Ac Mar
12c 12 %c
12c
——__—_ —
:
Jan
Jan
12c
1.05
Mines
Gold
Jan
13%
Jan
56%
980
14,800
1.06
Gold ——————
Omnitrans Exploration——u,
7%
._i
—.
Lapa
Laura
Jan
10%
Jan
64
54c
66%
*
1
112% 113%
Mines—
"U"
Feb
3%c
Jan
2%c
6.25
—
Lang & Sons
Larder
48
43%
62
46 %c
9%
98
Feb
90
135
93
93
v
9'A Mar
3,373
10%
9%
6 %c
—
Ogama-Rockland
1,395
-1
Mines —i—i
the
of
Luz
Jan
33,000
-
Lake Wasa Mining
Lamaque
32c
25c
Labatt
Lake
Mar
21c
2%C
1.58
(1945 )
O'Brien
44%
Lake
Shore
Jan
21c
-1
.
Jan
Feb
2%C
-1
Townsite
12
9c
44%
-1
Kirkland
Jan
40c
23c
.-1
Gold
Jan
7%
7 %
28c
1
North Inca Gold
1
Northland Mines (1940)——1
North Star Oil common—--—,
*
Preferred
—5
Mar
44 %
,_1
Kirkland
Lake
II,700
Jan
4c
Mines—-,--.
25 %c Mar
26,600
Jan
28'A
6%c
5%c
Mines
Mining
Normetal
Jan
5c
1834
Mar
>
7% Mar
25
—
6.60
6,000
%c
25 %c 31
25 %c
Corp
Norplck Gold
15c
"
Mar
24
14
Norseman Mines
19 %
Feb
5.35
-
Kirkland Golden Gate—i—
Lake Rowan
'
Feb
Jan
8c
9% Mar
29,905
6.20
———
Fortune
6,270
5c
Jan
Jan
24 %c
Jan
16
335
___1
Norgold Mines i.—■----—__—l
Nordon
14%
Mar
4,265
26
12
1
——
Norbenite Malartic
99
7 %c Mar
.1
Kerr-Addison
Lake
10%
Mar
18
.-1
Ltd
Kayrand Mining
Kenville
18%
150
5.40
-1
Mines
Gold
7,500
6c
-1
Mines
9c
6.15
•
1
——
Mines
15,500
18
...
10c
5c
6c
9.75
9.95
Jan
Mar
17%
-—1
<■
Noranda Mines
Jan
95c
>
13% Mar
96
7%c
,
com—i-»
Mines
Kelwren
Mar
5c
4%c
Quebec
Jan
55c
34,600'
10c 12'Ac
———
White Mining
Joliet
,10c
Ofl
96
96
-16c
3,500
10c 11 %c,
96
Nipissing Mines
Jan
16
5
Mines
Jan
6c
Mar
—-
Jan
5%c
Jan
31c
Mar
6.50
—
-
14'A
11% Mar
3c
2.10
;—
Mar
24
1
I
Jan
23
10c
6%c
2.00
—.—i———— 1
:
1
-
Feb
16,800
,
Gold
Norzone
Jan
14,000
7%
1
Rouyn Merger
Yellowknife
5c
1
,-w,
New
70c
—
—
New
5c
25
1
International Metals class A ————'*
Preferred ;
—100
International Nickel Co common
*
International
Jan
Jan
12c
Feb
7c
18'A
Feb
3c
12c
16%
1
Gold
Newnorth
Jan
Jan "
1.95
4%c
>_
Mines
Marion
New
11 %
9% Mar
Car
3.15
40c
.
Jan
300
Jan
3c
12c
*
_—25c
*
com
——
Calumet
New
7c
—J——-—-i—
Jellicoe
3,000
19%
;
Mar
2c
-
Feb
7%
>
1.60 Mar
150
11'A
com
Mines
73c
Coal & Coke———
Joburke
470
9c
—
International Bronze Powders
Jason
10
Steel
Nib
Ingersoll Machine class A
_
—*
Inglis (John) & Co—————
—6
Inspiration Mining
——
1
Jacola
14c
Petroleum
32c
Feb
12 %c
7,200
13c
Jan
10'/* Jan
2.70 Mar
20c
12,000
3c
11
*
25
New Bidlarnaque
Jan
7%
Grocers
Negus
Feb
Jan
1.51
10 %c
10%
Drug
National
Jan
5.00
6% Mar
9c
Imperial Bank
10
Imperial Oil
*
Imperial Tobacco of Canada ordinary_5
Preferred
.
,
———£1
Indian Lake Gold ———
1
Jacknife Gold
135
9%
13c
;*
.—-100
——-—100
—-
Preferred
7
••
31,650
24c
National
Jan
4.00 Mar
1.80
2C
1
National
Jan
3c
100
1.60
—.—J*
preferred——.—5
Breweries
National
4.00
9,700
——1
National
Jan
18%
common-——.
International
16
4c
6%
*
—
A
13%
13%
4.00
——1
Smelting
•
—
Erie
I,135
Feb
2c
1
1
*
1
1
Hugh Malartic
&
Jan
13
18%
Gold Mines—5
•
—1
Bay Mining &
class
24c
37c
Mar
7,100
35c
31c
•
—-—-—*
Gold Mines
Huron
Feb
-
4,295
36,950
*
—
Long Lac
Jan
88c
10 %C
—
Hunts
5
Mar
100
1
Yellowknife
'
Mar
60c
176
Hollinger Consolidated
Home
Oil
Howey Gold
Jan
4
7,375 '
70c
1
—
Mylamaque Mines
12
200
13%
—
Moshet
44
13%
Dauch
Jan
Jan
13%
,
19
40%
60c
Porcupine
preferred
4%
200
65c
5 %
*
1— 1
Moore Corp common.
5,066
7,400
-
Montreal Locomotive
17
70c
——
Feb
15% Mar
55c
-
Moneta
41
1,95
4% Mar
24c
18%
*
com
Jan
15%
4%
Knitting
10%
Mar
Feb
Jan
12c
Fdb
9
2.95
1
Containers com
Monarch
15c
Feb
3.00
.
1.00 Mar
360
20c
Jan
20
Jan
18c
8'Ac Mar
37,250
1.20"
9%
4%
*
—
Oils
Modern
40%
4
;
Jan
Feb
13 %c
Jan
11'Ac
Mar
53c
118,544
9,500
87c *
9%c
2.70
*
•
;
52%
Mar
19
*
2.40 Mar
15c
Oil
Corp
Mining
16%
——1
Mines.
Highridge Mining
Highwood Sarcee
Hudson
15
1,000
11,825
'
1
———*
J.—
*
Jan
108
10% Mar
525
20
62c
Preferred
Homer
10%
20
1
com———r——*
Mascot
&
10%
Jan
7%^ Jan
2.70
Jan
1.46
Mar
15c
2c
Gold—
Brick
Milton
4%c Mar
40c
1,000
7,000
1.00
53c
—
Mid-Continent
Model
Feb
Feb
Mills
Mercury
Jan
9c
25 %c
2%c Mar
13 %c 13 %c
1
1
—,
—-
Hendershot Paper
Gold
50%
20
1
—_—1
—
Gold
Harricana
Ha saga
Hedley
50%
50%
•
Carpets
Harding
10c
380,400
9%
62%
McWatters Gold
Jan
16c
Mar
78c
16c
53c
5
Lake
Red Lake
McMarmac
Feb
2.65
Mar
4%C
*
1
—
8c
1.95 Mar
9%c
4c
Halliwell Gold
19,000
2.22
1.95
Swayze
Haicrow
14c
Jan,,;
Mar
12
9%C
8%c
1
—
Red
McKenzle
Feb
Jan
T%c
Jan
2.15
Preferred———,.1--—*
,
-———-1
Hahn Brass
Jan
5,400
31,645
10c 10 %c
10c
4c
10c
5c
4c
4c
13%
——-■*
12,500
5,800
Jan
13%
65
2.40
—-—100
—
Porcupine Mines—
Mclntyre
Jan
29
12
10 %
93
common
McColl-Frontenac
3%c
A.
class
Grain
McCabe
60c
*
*
*
•
"
Lime & Alabastlne
Gypsum,
La
6.10
3c
11c 11 %c
—
common
Preferred
14c
Mar
2%c Mar
2,200
Massey-Harris
48C
—-1
•
Gold
Jack
Jan
2.90 Mar
8c
Martin-McNeely
Jan
50c
———
Wire —
Mines
Guayana
Hosco
16 %
106%
Feb
Mar
•
3c
.
West Coal
Hinde
101
101
10%
preferred
A
Class
Heva
14
10
50
-——
Mines
Greening
Heath
5
380
101
*
1
1
*
20
*
*
Gold
Marcus
57c
Lakes Paper common
Harker
Mar
100
100
14%
Milling
Leaf
Maple
100% Mar
24'A Mar
325
16c
0
*
Gardens-^
Maple Leaf
Jan
3%
2% Mar
31
12
2.65
75c
8%c
1.13
"\9%
5%
2.75
23c
1-71
1
*
Manitoba & Eastern
101
14
Mackay class A
Grandoro
Hard
Feb
Jan
60c
Grafton & Co class A
Gunnar
Jan
20
5
100
.——1
-—___•
Mining
Goodfish
Great
94
Mar
8c
1
——
Malartic Gold Fields
20
101
'l—_1
—
Lake Gold Mines
Red
Hansen
Magnet Consol
Mar
18%
B
Class
400
2%
1
*
1
Porcupine
Goldhawk
Goldora
Great
Feb
225
103
1
-—1
Eagle Mines
Golden Arrow Mines
Golden Manitou Mines
Gold
Gordon
Jan
2.29
\
1
1
Lake Gold
Goldale
Jan
53%
1
Oil
God's
15c
Feb
MacMillan Export
1
Gold
Glenora
oiobe
Jan
1.30 Mar
90
Gold Mines
class A
MacLeod-Cocksnutt
108% 108%
*
—
Feb
10c
60
19
Feb
26
Macfie Red Lake
45
15,850
1.60
90
18%
1
Lake
Gillies
50
90
100
•
—100
—1
pfd
ureteral Steel Wares common
13,100
46%
1.30
1.60
General Bakeries
General Products Mfg
,25
10c 12 %c
23 'A
26
25
40c
Feb
1.50
Mar
24%
12
58c
High
59c
,
86c
370
27% v
26%
—
1
1
1
-1
—-*
*
1
MacDonald Mines
Feb
3%
•
Mines
Macassa
■' Jan
12
Mar
25
30
25
46%
100
•
100
100
1„,
Gatineau fower common
5%
% Mar
:'
1——*
•
preferred
Co
•
—_1—•
1!
:—
Exploration
Froblsher
Gair
2%
2
22%
Gold-
Cos
7% Mar
11% Mar
1,750
-
Jan
8%
10
160
2%
39,600
29'Ac Mar
Yellowknife—
Lynx
7%
Goldfields
Gold
Lunward
Jan
9
7% Feb
11%
2%
Mfg <Sc Aircraft,-.
Ford of Canada class A
Fleet
Fraser
200
1.15
27
•"
——1
1
class A—
Hosiery Mills
London
Louvicourt
Jan
6c
Feb
68,000
9bc
•
*
B
Class
Jan
100
Mar
5c
11%
—
11—-*.
Francoeur
31/2 Mar
Jan
7%
common
A
Class
Jan
4%
11,000
7%
7%
••
Fibre Products com
Fittings
%c
5
5c
47%
•
Ltd
Groceterias class A
Lobiaw
Mar
85
QS
90
85
1
250
3%
3%
.,
Jan
18
40c
Luc
35c
-1
Lingman Lake Gold Mines
Little Long Lac Goia Mines
Jan
4.55
3.60 Mar
15%
Federal
Federal
1,305
'
15%
Players
Famous
3.85
3.60
1
3.60
-mmm* '
Nickel
Falconbrldge
High
Low
Par
Low
High
29 %c
High
Low
Range Since January 1
Low
Par
,
Shares
of Prices
Sale Price
STOCKS—
Since January 1
Range
Shares
of Prices
for Week
Range
Last
for Week
Range
Last
Sale Price
STOCKS—
Sales
Week's
Friday
Sales
Week's
Friday
Jan ;3
.
2.75 Mar
i3c
28c
Jau
y
.Feb';
Volume
CANADIAN
RANGE
Friday
Week's
Last
STOCKS—
.
:■
Low
Royal Bank
10
Royalite Oil
———*
Humour Chidougamau „_
.—J
\
Rupununi Mines
1
._r
Industries
Russell
Mining
Ryanor
Lawrence
Antonio
ban
River
Sand
Gold
161,200
14
14 %
7Q
Breweries
2,230
44y2 Mar
47
15C
3,600
14c
20c
15C
10 y4
10%
345
4,400
1.43 Mar
3.15
liy4 Mar
15 Vb
Jan
14%
Jan
1
28c
25c
•
*
Taylor
355
1
Toburn
•
58c
14,552
6
10
380
60c
70c
22,400
15
15
20
68
68
69
323
*
10c
Mines
.1
20c
.1
1.94
20c
1
—
common
15
72
Feb
80
1.45
59,825
9c
3.000
9c
1.65
8,650
.
25
45
45
10
45
10
0
—
3.05
•
2.95
38c
1
3.10
7
-•
6c
General
Works
9,107
,
A
Traders Finance
"A"
Transcontinental
9,600
10,370
63c
8,500
10c
see
11
".
173
10 y4
10 «/4
30
-10c
12c
2.400
12c
21
21
21
35c
48c
7%
7y4
7c
...
__
EXCHANGE
Glass
29%
Jan
Mar
36
22 V*
Jan
23%
375
22
Feb
99
28
99
Jan
99%
157
99
101%
Jan
7C
5c
Jan
10c
Feb
Mai-
Jan
6 Vac
v
23 y»
8c
30,500
5c
Mar
12c
9c
1,500
7c
Jan
10c
5c
W-
Jan
8%c
97,300
7,036
5c
Mar
11c
Jan
25%
Jan
98
Jan
•
22
24%
96%
5c
'■»
9c
8c
-
118
-
..
10,000
118
10
v
21%
2.48 >•2.78
6c
6c
-
.
20>/a
5
5c
21%
2.60
_•
96%
5c
Feb
4
95
Mar
5c
Mai-
117
8c
Mar
175
-
•
5,745
2.48 Mar
6,500
19c
8,100
6c
Jan
24
Jan
2.90
Jan
7c
Jan
127%
21% Mar
24c
Mar
.
Feb
-
Jan
40c
Feb
9c
Jan
Exchange-Curb Section
8
Donnacona
Jan
Foothills
174
Jan
12c
21
Mar
63c
Jan
10
Jan
Southwest
Jan
Temiskaming
12c
Pend
Oreille
Price
10
Jan
26%
Jan
88
Feb
160
Mar
168
Mar
Jan
167
5
3%
3%
4.000
80%
430
80
16
15%
16%
235
15%
Feb
18%
Jan
11
120
ioy4 Mar
12%
Jan
37
Jan
80
common
35
—
«
■
3%
35
28%
65
20%
35
180
1.55
1.55
_
Lumber
-
25
28%
20%
•
•
3%
~
«
1.70
3%
.
3%
J
•
6+8
Jan
108
Mar
28% Mai-
Jan
1.50
2,685
39
39
40
16%
6,240
33 %c:33 %C
1,495
39
Feb
Jan
24%
Jan
1.90
+
Feb
3y8
260
14%
34%
19% Mar
1,020
16 VB
•
_
Feb
Mar
'
20%
..
Jan
3%
Mftr
Jan
45
33 %c Mar '"'.i
Jan
19%
14% Mar
Jan
60c
Jan
27%
28
55
27
32
32
50
31% Mar
32% Mar
21%
20 %
22
3,575
20%
3.25
23%
2.95
3.25
6,000
26
29
1,695
20
Feb
-4; 46
49%
7,731-,
46
Mai-
*
common....
'
...
•
*
•
__
Paper
•
common
-
49 Va
97%
97%
22%
21%
22%
4c
4c
—
2.40
2.60
1
Bros
«
30c
■
-
Mining
1
56
•
.
Petroleum.
-
..5
32
Feb
U 20
56
Jan
Mar
59 Va
Jan
97% Mar
23%
Jan
Mar
4c
10
Jan
4.10
Feb
6%c
Jan
Feb
2.90
Jan
2.25 i
;■
Jan
•'
34
97% Mar
5,150
56
Feb
2.95 Mar
5,935
.
a
_
-
..
500
2.60
^
•
....
Mar
Mar
Jan
Feb
167
100
21
8
25
72
10%
Preferred
35c
•.
100
V
*
Minnesota & Ontario Paper
Oil Selections.
Jan
100
385
.
3%
v
•
__
82
»
Oil
International
25%
72
-V
•
•
Paper
Hayes Steel
Jan
8
25%
•80%
■■■mm,.
Mar
12 V*
RATES
just passed:
CERTIFIED
BY
MARCH
'
FEDERAL
12,
RESERVE
TO MARCH
1948
BANK
18,
TO
Mar
60
Mar
30c
30c
2.500
26c
Feb
32c
Jan
6c
6%c
3,500
6c
Mar
8c
Jan
—■ -
Statement of Condition of the 12 Federal
Reserve Banks Combined
i
Noon
Monetary
Unit
(In thousands
of
dollars)
,
....
TREASURY
1.,^
March 17,
.1948
"
UNDER
1948, INCLUSIVE
TARIFF
5
•
ACT
*
,
1930
OF
'
'
.
and
26%
page 42.
record for the week
Country
Jan
33
.100
Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank certifies daily
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world. We
FOREIGN
Jan
19 %c
40
8
Sugar
to the
a
14 %
Jan
20
.
Foreign Exchange Rates
give below
Mar
10c
2,000
Bridge
Mar
Feb
13
50
11,500
34
__
Western
Dominion
10% Mar
7c
11%
23 y2
___
Westinghouse
Paper
Dominion
80c
IV* Mar
10% Mar
13
21c
a
Feb
Jan
3,085
Feb
10
10c
•
—
Jan
Feb
3,160
Jan
27%
_5
Oil
10
8
5.30
26%
9c
•
Dominion
Canadian
Canadian
12%c Jan
Feb
9V4c
,7c
5
&
Dalhousie
9%c
15,600
1
Jan
22% Mar
Jan
33
pfd.^—100
National
Jan
19
1
Feb
27%
l
49c
.
Jan
Mar
17c
—.
_•
—
15c
Feb
4.60
13
100
21c
,
Mar
172
6
40c
Mar
10
160
•
___
18% Mar
500
173
*
..._—
.
For footnotes
70c
173
common
22
24
15c
l
Canadian Fairb's Morse com
Canadian Industries common
Canadian Marconi
Jan
3.50
Mar
ioc ioy4c
10
Jan
10V* Mar
Mar
6c
63c
rts__.
Co
Mining
Jan
36c
210
1
Resources
10%
1
Gold
Canada Vinegars
Canadian Bronze
Jan
1.99
2.95 Mar
73,000
100
class
10%
l
Consolidated
19
*
Trusts
6,660
100
Preferred
i
Jan
8v4c
•
.
2.05
51 Va
•
r-
Elevators
35
13,293
25
Mines
_
Jan
19c
Mar
Mar
5.00
Feb
18%
0
—
5'/2c
27 V*
9%
Mar
3c
22%
_
Jan
45
-5
12c
Mar
Jan
Canadian Fund*
Mar
23% Mar
55
36c 39 %c
7%c
70
-
Feb
3c
•
_
1
;
2.40
Mar
10c
3,500
*
Yankee Girl
Andian
Jan
21c
1.50 Mar
241/4
1
10 %c
1.00 Mar
1.000
3c
24
♦
Asbestos Corp
British Columbia
•
Pulp & Paper com
Preferred
"
100
Brown Co common
1
...1
s
Feb
12c
2c
•
4.75
Toronto Stock
% Jan
4c
Jan
7.20
22%
•
(Alex & James)
Canada
1,000
2.35
5.15 Mar
V
Jan
Feb
Jan
1.76 Mar
5,778
4.85
Yeliowrex Mines
Jan
78
9c
10
Mines
Feb
Feb
1.50
50
——.
14%
1.68 Mar
7%
36,103
5.85
...__*
Wright-Hargreaves
Feb
1.00
•
preferred
78c
19c
1.98
5.15
10c
Feb
Mar
5VB Mar
1.76
■
Jan
21
5c
1 555
1.80
24%
,1
A-
com
Jan
ey4
67
-
(Geo)
Jan
97
Mar' '
5%
•
i
class
Jan
10c
Jan
7J/2
Feb
1.55
1
68c
Mar
1.30
50c
Mines
4c
Mar
9c
Jan
16
11.34 Mar
*
9c
■
Mines.—,—..;
Combing
Ymir
7,500
Jan
Jan
60c
2,000
4c
1.50
17»/2 Mar
32,710
20c
•
Jan
4%
121,700
a. 1.68
—
Jan
19
91
80
10c
5c
1.85
.1
73
28
Feb
1.18 Mar
790
19
72
Jan
Mar
Wool
Jan
39c
■v
5% Mar
91
—25
47c
Mar
49c
lb
•
common.
Mar
25
450
5'a
0
_
Gas
12,800
5
65c
Towagmac Exploration
Union
1.34
17%.
18
Jan
17'/a
91
*
Tombill Gold
Union
205
*
—
Iron
17 y2
100
Gold
Toronto
90
J
101%
Mai-
1.15 Mar
l
Grocers
Wood
13% Mar
__■»
_
Produots
Winora
720
1.212
•
W)
Preferred
Jan,
Jan
26c
49c
.
27
22%
34c
5 V*
-
■
13,185
10,500
1.18
,,
Jan
Mar
14
Feb
19
48%
5%
_
Malartic
Winnipeg Electric
Mar
96
26
58c
*
Mines
Toronto
31c
25
1.25
Gold—
Tailors
Toronto
27c
II.Va
&
com
Wiltsey-Coghlan
24
Mar
1.34
25
Winchester Larder
Wingait Gold
18,:
65
43c
26
»
Teck-Hughes Gold Mines
Thornpson-Lundmark Gold
Thurbois
98
34c
31c
—__20
.—.I
Pearson
Tip Top
9% Mar
1,295
1
Preferred
351
25
2—1
Canada
Ltd
10
10% Mar
46
30
5.20
____i
;
Preferred
Jan
19
~—
Gold
Tamblyn
12%
410
Ltd
(G
A__
Weston
235
Mar
y4
—,
Jan
\
(Hiram)
Westeel
Feb
48c
24
Gold
River
Sylvanite
70c
Mar
18
com——.
Inlet
Surf
Mar
25
,
——
preferred..
Western
Feb
25c
18
40c
8.50
40c
97
Contact
Cons Mines_j___
Sullivan
11
96
Jan
7,000
•
—
Steep-Rock Iron
Sudbury
7.20
Feb
47%
10c
5
•
Wekusko Consol
West
Jan
19,000
29c
9%
•
970
48C
11
98c
182,785
7.50
40c
Steeloy Mining
Sturgeon
7.30
41c
(1944)
_
of
Jan
11% Mar
—
Co
Jan
I.15
675
17 y2.
Preferred
10%
1,340
Standard Paving com..
Preferred
Steel
Feb
Mar
12
1
Springer Sturgeon
Bros
IO
Class
16
__l
Amulet.
Waterous
Feb
29
13%
l
Ltd
Gold
Waite
50
400
•1.15
•
•
Dare
High
29
17 V*
46
*
Mints
Walker
Jan
12%
_
Stedman
Mai-
11%
1
common—.
Olsen
Feb
12
Malartic Mines—
Starratt
20 y2
1.80
1
Co
preferred
90
Low
29
46
i-
25
__
45
A
Slater
50
____
Virginia
Jan
203/4
1.09
:
preierrea
Hill,
Villbona
Jan
20 y2
44 y2
44 '/2
11%
Bladen
Standard Chemical
66c
A
Steel
Ventures.
Jan
22
class
preferred
Keno
Vicour
•'
16%
Upper Canada Mines.
Jan
17c
Mar
98c
^
Mines
12c
38c
.—100
Co
Feb
9%c Mar
29,900
B
Range Since January I
High
'
——
Oils
United
Feb
239,200
Fuel
United
Jan
4.35
6c
1.43
.
..
127%
Feb
3.80
Low
Shares
*
United
Jan
1.70
Class B
Stadacona
Mar
120
A
B
Class
Mar
1.09
Simpson's Ltd class A^_
Southam
7c
40
•
—
United
Jan
Mar
Par
;v
class
Corp
Class
Jan
14'/2
1
—^
(N)
23c
Feb
7c
15,200
1
class
Gold
Mar
13
10,381
9%c 13'/4c
38c46 %C
Sales
Range
of Prices
-
Mar
50c
common
Miller Mines.;
Siscoe
5c
16c
110
114
4.25
—_—•
—.
Preferred
Jan
Mar
ey2c
—_—l
Mines (Quebec)
Silanco Mining
Class B
Jan
34
6c
.♦
19
Feb
160
-
3.85
44c
United
Jan
5c.
1,000
6c
V T C
Siiverwood Dairies
35
110
'
3,685
/!
4.00
13 'Ac
Sigma
Silver
7c
34
—100
—
Shawkey (1945) Mines
bnea's Wpg Brewery "A"
Sheep Creek
Gold.*.——_
Sherritt-Gordon Gold Mines
Sicks'
14
High
25%
16
25,000
13C
——1
—
Bhawinigan Water & Power
Preferred
lie
Week's
ilc Price
STOCKS—
.
23% Mar
755
5c
1
Ltd
'•
13c
1
Mines
Banriorm
Senator Rouyn
.,-835
9c
•
—
17
0
11c
1
——__—
1J>
Last
Range Since January 1
Low
24 y2
16 %
MARCH
Friday
Shares
High
24
16 'A
Corp A pfd—_
_.,_50
Paper preferred____^_luO
Gold Mines Ltd
—_1
Lawrence
St
St
common
24%
MARKETS
ENDED
for Week
of Prices
Par
;v
WEEK
Sales
Range
Sale Price
•
LISTED
FOR
A.
i
'
*
Assets—
"
Gold
«<
certificates
Redemption
Buying Rate for Cable Transfers in New York
Value In United States Money
I;
$
fund
for
F.
R.
.
1
+
■
$
35,000
+
2,852,743
..
636,471
—
March 19,
1947 i
$
21,224,170
notes
Increase ( + ) Or
decrease (- —) since
March 10,'
1948
629
—
155,847
—
.
U
Total
,
Argentina,
-
.
i.-%r'
'March 12
peso—
$
Official
March 13
March 15
$
$
.297733'*
—
-
—.251247*
__._u.__———ifv?*
.251247*
Closed
3.212133
(V
vl
T
v^
Discounts
'
S.
21,860,641
34,371
+
364,307
9,033
+
and
29,851
363,302
65,503
+
129,433
3,602
1,511
+
2,562
8.066,401
—247,960
advances
loans
Bills
-
Certificates
3.211966
2,696.896
Govt, securities:
.054406
.
.022795
.054406
.054406
.022804
.022804
.054406
^
4,289,725
+
58,700
+
2,000
—6,152,947
r-2,196,893
+ 1,422,300
Notes
1,774,100
5,642,703
—117,433
securities.
20,372,929
—304,433
—2,038,227
securities.
20,739,833
—237,679
—1,906,232
.054406
i
+
4,889,313
1.
•>"
'.j- •
Total U. S. Govt,
.
-
Total
Official—J:;
Free
reserves
-
Industrial
U.
.251247*
3.212133
gold ctf.
Other cash
.297733*
.251247*
.251247*.,
3.212133
i'.«
1.000000
...
____
%
____
peso
i_„
.892656
1.000000
'
.570100*
.570100*
1.000000
1.000000
;88828l
1.000000
.893984
.888671
.888828
.570100*
Due
F.
.570100*
1
—«...
—
.020060
/
pound sterling.
.020060
.208604
....
.208604
.
.020060
.020060
.208604
.208604
i.
Closed
4.031250
4.031406
banks
of other
95
banks—
121,798
Items
3,436,801
7
—
7,425
+
7,293
•f 946.806
+
557,197
+
.208604
Other
4.031250
.
4.031328
premises
32,836
assets
131,621
3
+
604
23,194
+
90,994
—
—
l
•'
1.
and
foreign
notes
Uncollected
.570100*
.020060
loans
from
R.
Bank
Czechoslovakia, koruna
Denmark, krone
i
England,
*
.297733*
.022793
.022792
—
—
Canada dollar—•
Colombia,
17
t
3.212133
March 18
Bonds
,
Brazil, cruzeiro...—
^
March
+
,297733*
.297733*
Free
Australia, pound
Belgian, franc
March 16
4.030937
Total
assets
46,687,932
+ 736,759
+ 1,476,596
-■
France,
■
-
1
•
/,.
'
Mexico, peso.
Netherlands, guilder...
.377434
;
,
.
_
_
.301678
.205750
.377522
.205750
.377597
1.000000
„
Closed
bank—reserve
acct.
17,350,679
15,569
+
U. S. Treasurer—gen.
Foreign
acct.
-677,263
73,279
—
525,353
49.250
481,120
2,206
Other
—
deposits
availability items—
liab., incl. accrued divs.
—
19,034,415
—
3.225000
3.225000
•
3.224833
.201595
.039968
.040043
.040025
.091324
.091324
.091324
.278264
.278264
v
.201595
Closed
.233628
.233628
.233628
4.007500
4.007500
4.007500
4.007500
peso—»
.658300*
_____
7__7_--_77"
.561800*
35,293
12,001
—
153.86a
14,550
—
4
37,392
+
1,230,663
847,506
+
510.400
461
+
2,863
733.202
+
1,438.497
—
1.
Total
liabilities
45,952,837
+
197,700
Capital Accounts—
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other
+
.658300*
.658300*
.658300*
.658300*
.561800*
.561800*
.561800*
.561800*
-
:
27
6,799
448,189
8.3616
27,543
capital accounts
—
Total liabilities & cap. accts.
Ratio
61,663
+
46,687,932
+
736,759
Sfi
22,84)6
3~ 530
+
1,476,59^6
p.
of
gold certificate re¬
serves, to deposit and F. R.
note
Controlled
1,407,81^
+
.278264
.201595
.233628
.233628
4.007500
3.225000
.278264
.278264
Africa, pound
.886250
.091324
.091324
franc
.886250
2,989,585
•
1.000000
.039953
.039981
weden, kre-na
1.000000
.885833
—b
305,43$
—
.377547
.201595
-
T^^roBed
.
76,451
'
.201595
Pain, peseta
1.000000
.890000
1.000000
3.225000
*
escudo
mon of
South
A
Member
.003265*
Total
.891666
Switzerland,
.205750
fv
.003263*
.301678
23,914,287
Deposits:
Deferred
Zealand, pound
-Norway, krone
Nruguay,
.205750
-
.004671*
Other
j^Free^
New
'
.301653
.377434
i
foriugal,
.003270*
.301653
205750
—
jjfewfoimdland, dollar—
.' °fficial
I
.003272*
.301678
...
.004671*
.003274*
rupee
-U:
Federal Reserve notes
.004671*
.004671*
.004671*
y Free—J__.
;India (British),
^
Liabilities—
franc—
Official
liabilities
Contingent
purchased
combined—_
liability on
for foreign
50.97c
+
0.2 Vo
+
-
5.3%'
bills
cor-
4,424
—
413
—»
353
—
4,583
respondents
Commitments
trial loans
to
make
...
indus¬
7,563
—
642
42
CHRONICLE
COMMERCIAL & FINANCIAL"
THE
(1294)
; ^
:
Monday, March 22,
•
1948
OVER-THE-COUNTER SECURITIES
Quotations for Friday, March
10
Obligations Of Government Agencies
Investing Companies
Ask
Bid
Par
Funds—
Mutual
Bid
Far
"
it
Ask
Aeronautical Securities.
.1
5.64
6.19
Loomls Sayles Mutual Fund
•
X89.70
-1%
3.73
4.08
Loomls Sayles Second Fund—10
X42.82
43.69
Figures
25%
23%
.10
.1
Associated Standard Oilstocks
Holding Corp-.American Business Shares
Amerex
•
Managed
Funds—
3.64
3.99
Automobile
Business
8
8%
Drug
3.45
shares
3.94
l%s Jan.
3.60
2%s Feb.
4.00
4.16
Axe-Houghton Fund Inc
Axe-Houghton Fund B-
1
7.09
7.66
0
14.45
15.71
Beneficial Corp
1
4%
5%
Non-Ferrous
3
3%
Paper shares
General
Industries
3.89
92.06
Petroleum
19.86
Steel
7.83
15.10
Metals
17.89
Common
7.18
25.96
10.59
11.45
13.18
14.40
12.79
13.73
1
Mutual Invest Fund Inc—-
Century Shares Trust—
Chemical Fund-——...
Ration-Wide
Preferred
•—_
Fund
Delaware
100
——1
-1
——25c
138
Low
1.50
22.89
14.40
24.48
15.39
Fidelity Fund inc.—
_—-*
Financial Industrial Fund Inc 1c
First Boston Corp
10
First Mutual Trust Fund
5
Fundamental Investors Inc
2
Fundamental Trust Shares A—2 -■
22.26
24.06
1.76
Corp——L-*
General Investors Trust—.1
46.57
1.92
25 %
5.60
13.95
6.22
43.62
5.28
Priced
6.60
6.39
6.98
Series———
6.80
Fund-.—-.——1
-Stock Series
Fund—1
23 %
5.04
12.73
5.38
.
4.32
4.72
{%&
3.49
Group Securities—
Agricultural shares
x4.92
{%s
3.57
9.29
10.18
New
Vork Stocks Inc—
Agriculture
—
Automobile
—
—#
6.52
8.35
.9978 A
.9804
9.15
9.11
9.98
Rater
8.17
8.95
1.10%
Bid
Ask
Rate
7-1-47
4-
1-48
bl.25
1.10%
1.20 %
5-
1-48
bl.30
1.15%
1.25 %
6-
1-48
bl.35
1.20%
bl.40
1.25%
1.55%
7.22
9.54
10.45
8-
1-47
6.22:
6.65
Corporate bond series
10.55
11.19
1.15%
9-
2-47
Diversified Investment Fund-
10.19
11.17
1.15%
10-
1-47
8.23
Diversified preferred stock..
10.16
11.13
5.91
6.42
Diversified
11.34
.0370
.0320
>
11-
12-
•
1
'••• Bid
'''Due:
8-2-48
1-48
47
•9-
Ask'
bK45 1 1.30%
1-48
bl.50
1.35%
12.43
7.45
■:
-
Dated
1.35%.
£;; 7- 1-48
Due
Dated
5.73
8.16
shares
Electrical
——
—
4.86
*
Electrical
Industry———
equipment
——
Insurance
Merchandising
stock..
—
7.76
6.60
7.16
6.48
Public
7.41
Railroad
5.05
5.49
Railroad
7.36
2.39
7.98
Steel
2.61
Tobacco
—
Mining shares—
—
shares——
Bond
Railroad
——
shares.;——
Petroleum
.
Equipment shares—.——
stock shares.
—
—
7.70
10.51
4.77
Petroleum
Putnam
14.38
15.46
—
shades.:
—
—
Howe Plan Fund Ino————
Income Foundation Fund
10c
4.54
4.31
1.54
4.93
4.65
Tobacco
shares.—
Utility
incorporated
;
1.58
Investors——0 A A20.59
22.26
Republio Invest Fund
1
2.64
2.90
Russell Berg Fund Inc
1
25.35
27.26
*
Fund
Inc
10.71
79c
1.00
9.77
shares.—
shares
—.
shares——
Stock and Bond Group shares
Investment Co of America—10
24.09
Invest Management Fund Inc—1
12.70
Bank
Group
71c
90c
Group
insurance Group
(Income
8-3
27.23
23,35
15.92
6.62
16.04
19.32
24.21
<
28.45
25.47
f
17.37
9.41
17.50
21.07
26.41
■
14.25
13.05
StkaL-l
11.59
4.14
4.95
com
Knickerbocker
12.65
4.52
5.43
Investors
10.25
5.99
1
—
-
1948.
29.
42
Aetna
Union Bond Fund series A
1948:
6,
20.70
Series
B_.
Series
C__.
73c
17.25
.......
i
——
New York
American Alliance
American Automobile
7.00
Fund—I
18.87
20.63
9.03
9.21
Union
Preferred
Stock
V
l
X16.30
17.79
Bank of New Yorkx
Whitehall
1
14.82
15.94
Bankers Tfusti
l
6.89
7.55
Fund
Inc—
World Investment Trust
Diversified
-
Trustee Shares-
Series ' E————
-.—2.50
Independence Trust Shares——*
6.36
7.30
2.22
2.53
Rorth Amer Trust SharesSeries 1955..
1
3.16
1
—
.
Series 1956—
2.56
42
44%
Insur Co of Rorth America
44
46
Jersey Insurance of R Y——20
54
—10
20
21%
American Casualty
American
Equitable—.———5
American
Fidelity
&
Casualty_o
American of Newark
American Re-Insurance
10
5
J
16%
13
-
Merch
& Mfrs Fire N Y
28%
Rational Casualty
Chemical Bank At Trust
10
Commercial Rational Banc & ;
Trust Co—
,__2o
26%
28%
25%
27%
44
5%
6
29%
32%
2%
5%
—25
6
5
67
New
'
—
Brunswick
Hampshire Fire
Camden Fire
City of New York.—-—.—10
New York Fire
70
General Life-^.10
10
Casualty -—
Inc—— —10
18%
20
Northern
■
<
51
Pacific
28
Pacific
*
41
44
———
11%
13
21%
23%
5
.12.50
—
6%
73%
77
25
Indemnity Co—
10
47
83
48
148
47
50
5
100
67%
94
50
.•••
•
•
v
*'
52
;
74
%<
14
17
■
35 y2
185
.100
267
10
New
155
276
25
1,500
v.:"
Jity Bank
.20
York TrUst—25
37 y2
:
48'/2
46'/2
r 230
% ^ 39
224
I2y2
37
.
82"
■
85
.
37%
Sterling
68
National—
!25
Title Guarantee & Trust.
United
^ 1,270
States
•
50
47
Public Nat'l Bank & Trust_17ya
-
16 V2
15'/2
.100 1,450
Morgan (J P) &; Co Inc^——100
National
Ask
Bid
140
■
.
.
Par
100
Manufacturers Trust Co.
•
-
46'A
24'/2,;
70
Trust.
12
39 V2
72
9%
; 8%
' 520
100
550
Republic (Texas)
Revere (Paul) Firs
4%
10
30%
32%
4%
5%
10
12%
Firestone Tire at 'Ruh 2%s—1972
Georgia Power & Lt 3%s__1977
Iowa Power & Light 3s_—^1978
Kentucky Utilities 9Si
18%
10
•
22
24
Security New
i'r
■ ■
.
/
v
;■
,
94%
■
105
;
95%
102
96%
J
27/8s
New
1
4% % preferred.^
Pennsylvania Electric—
97 V*
102%
«97>4 '.
104 y„
97%
par
__
1
1%
104 y2
I
-
07
100
94
84: ■
104
-
'
•87
104%
51
53
8!
101 y4
,104%
"
Bid
_ioo
-
100
preferred—
Southn Cal Edison 4.88%
99
Speer Garbon
Tennessee
preferred
9%
9%
Philadelphia Elec 4.30% pfd_100
Pitney Bowes 4%% pfd—
5o
Public Service (Indiana)—
3.50 %
preferred.
.100
99%
100%
1977
England Gas &-Eleo—-
3.70%
98%
99%
101 »/4
Ask
C
Appalachian Electric Power—
4%%
100
101%
:103aA
»
American Cladmetals
,
102 A
•
89%
88-
Mohongahela Pow 4.80% pfd 100
102%
101%
¥
108
100
'
4%%
1%
,106
j
^
•
27
pfd 25
Co.
Gas
27%
11%
12'A
93%
•
Transmsn
94V2
Co.—
preferred—___.__._100
Texas Eastern Transmission.—•"
Tucker Corp "A"
-«•
;
j
West Disinfecting cammon__50c
9%
"
9%
-
v
4%
4%
14
12
.
48
24
104
1977
^1978
106%
-
k—
3yssl—1978
3yaS—
'•91
x89
73
45%
10
Seaboard Surety
17
•
Edison
Ask
Bid
Far
v
Indlpolis Pow & Lt 5% pfd—100
Kentucky Utilities 4%% pfd.100
95
Philadelphia El Pow 2'/8S—_ 1978
Potomac
:
Stocks—
Birmingham Elec $4.20 pfd—100
Florida Pow & Lt 4%% pfd. 100
Harbor Plywood
!l
19
70
10
St Paul Fire & Marine
Marine—...10
29
Public Service
Ask
96 y2
13%
17%
27
12%
.
.—.5
—-—-5
General Reinsurance Corp...—10
Security Issues
95 y2
—1967
Stocks—'
-3%
—2
Reinsurance Corp ( n Y)
97
-
i.
4 4 V*
1977
Dayton Power k- Light 3s—1978
Delaware Pow & Et- 3%S-__1977
Toledo Edison Co
52
143
Arkansas Pow ds Lt 2%s
86
Providence-Washington
—10
v
Bid
San Diego Gas & El 3s____.1978
Southern Cal Edison 3y8S—1973
50
10
70%
—10
Fidelity St Deposit of Md
20
Fire Assn of Phlla
—10
Fireman's Fd of San Fran—.10
<
41 Va
■/
x23Vz
100 1,210
Cudahy Packing 2%s
7%
Fire—
Preferred Accident—
Federal
-
Pacific Pwr & Liaht 3V4s_..1977
5
29%
Employees Group
Employers Reinsurance
39 Va
Recent
Ohio
68%
49
26
27%
27
23
-10
Thoenix
*
36%.
25
2.50
.
River—
Northeastern
17
65%
Casualty
34%
2
10
Amsterdam
New
72
—0
Cnim St Forster
21%
41%
National Liberty—
Rational Union Fire
Rorth
Continental
20%
2
Rational Fire.
55%
—10
Connecticut
13%
47%
27%
Rew
Shippers
12 %
45%
25%
—10
<te
0.96%
0.96%
.100
v".% " Grace National—
39V*
■
Guaranty Trust:
123
Irvihg Trust.:
.88
Kings County Trust
"<
36^ i;" Lawyers Trust———-
34%
.
-
Trust—
Fulton
347
>
85
ContinentaKB&nk & Trust—— lo
Corn Exchange Bank & Trust-20
Empire Trtistwil—
____50
Federation Bank & Trust——10
Fiduciary Trust—.^
_lo
99
(Detroit)—10
20%
Boeton
*
36%
5%
18%
Baltimore American
Bankers
95
33%
_4
53
25
1948—
Ask
17%
25%
-10
17,
Ask
37 y8
15
—
26%
lo
16%
—10
American Surety——
Automobile
10
Maryland Casualty common
1
Prior preferred-——,
.10
Convertible preferred
—.5
Massachusetts Bonding —*.—.5
Merchant Fire Assur
5*
11%
June
24%
■
115
Bonds-L•" -v'"' '•""''
39%
11%
Bid
24%
Par-
Home
-2%
—
Reserve.
American
15%
>
332
Brooklyn Trust——i.——100
Central Hanover Bank & Trust 20
57
37
10%
0.96%
0.96%
bl.00
1948
Companies
82%
0
10.
bl.00
bl.00
June
0.93%
0.94%
Bid221«
'
.—100-
Chase Rational Bank.:
Unit Type Trusts—
79%
_4
Far
■
Bank Of the Manhattan Go—10
Wellington Fund—.
Ask
——
0.95%
bl.00
——
7.65
Bid
—
1948-;-™-.
1948-
Oily Banks & Trust Cos.
5.85
—20
Agricultural
3,
82c
18.86
Union Common Stock Fund B.I
—10
Life
bL00
1948____
20,
June
45
—10
Aetna Insurance
0.95%
73C
Corp.*
Trusteed Industry Shares——25c
Street Investment
State
—10
Surety
Ask
' bl.00
■
6.56
66C
10c
Far
Aetna Casual St
b0.99
b0.99
—
First Rational Bank^.
Insurance
May
May 27,
—
11.10
Wall Street Investing Corp;——l
(Low Priced com Stk)—1
Fund ———1
(Appreciation
8-4
13.69
26.19
13.00
\
Stocks)__l
com
„
12.45
Keystone Custodian Funds—
'
B-l
(Investment
Bonds).—1
B-2 (Medium Grade Bds)—1
B-3 (Low Priced "Bonds——I
B-41 (Speculative Bonds)
1
K-l'(Income pfd Stocks)—1
K-2 (Appreciation pfd Stksl-L
S-l (Quality commonStks)_l
S-2
May
i
——
Selected Amer Shares——.—2%
Sovereign
Aviation
—
-
May 13, 1948—
47.35
April
Seudder, Stevens & Clark
Standard Utilities
Institutional Securities Ltd-—
1.50%
Bid
0.91%
b0.97
0.91%
b0.97 ; 0.91%
b0.97
0.91%
b0.98
0.92%
b0.97
1948
April, t, 1948:
April 8, 19481—
April 15.
1948_
April 22 1948
20
5.16
4.22
March 25,
4.40
& Trading——.0
(Geo) Fund
1
.1.45%
bl.65
Ask
Bid
8.45
9.59
4.05
4.39
—
—
1.40%
bl.60
1-48
7.20
4.75
3.88
Railroad
Steel shares.—
bl.55
1-48
12-
United States Treasury Bills
5.93
5.75
——
Hi Win mm
——
1-48
11-
1-48
8.50
5.41
......
10-
2-48
*.5=
11.33
5.25
-
equipment
1.55%
2-48
3-
16.35
6.57
Utility...
1-
2-
i
9.45
14.92
invest Fundi—
Pacific Coast
1.15 %
11.20
10.34
7.62
9.79
6.83
;
Merchandise shares.
10.44
8.62
Machinery
8.06
9.53
10.22
5.28
Price shares—5.97
Investing
Low
—
7.75:
Fully Administered shares—
7.14
General bond shares.——
7.43
Industrial Machinery shares—
7.02
Institutional bond shares—P.82
RR
Chemical
10.33
9.53
—
Equipment-;
shares—
Food
of
Firemen's
Franklin
Newark
Fire
Gibraltar Fire &
V
—
'
>
Glens Falls Fire
5
41%
43%
Globe St Republic.
5
7%
8%
Globe St
2nd
Great
Rutgers Fire
preferred....
com.—15
18
.—15
75
80
5
—10
28%
26%
30
28%
.—10
102
106
Hartford Steamboiler inspect.10
32
34
Hartford
-
Fire—
Haven—
Sprgfld Fire & Marine—
10
40
Standard Accident
10
27%
26
42
<29%
22
American...
Hanover
*'
.9922
Federal Intermeiliate Credit Bank Debentures
5.95
Aviation
6.65
—
Building shares———
-<
.9926
.0326
15.13
6.13
7.59
Chemical
;
99.9764
99.9769
100.0171
1, 1949—
1,. 1949———. 10O.0199
-A{1 %s Mar, 1, 1949———— 100,0132
il
Jan.
l l %s" Feb;
3.86
14.11
shares.--———
Automobile
.
{Is Oct.. 1, 1948 Seris J—
OfeTM, 1948 Series K——
:
3,90
3.53
1
England Fund
Aviation shares—.
1
\
Ask
6.48
Low Priced Com Stock Series.
Rew
'
.9808
5.57
5.93
.—— ■■
;. Industrial Stock Series——
Selected Group Series-———
-
99:9697
.0101
100.0060
June 1, 1948—————
99.9861
July 1, 1948 Series F— 99.9693
Building supply—
Capital
.9806
i%s July 1, 1948 Series H.__
Ask:
Bid
Indebtedness¬
Bid
99.9695
0318
,.r-.
5.10
———
.
•
.9926
Certificates of- indebtedness—
{"%s July 1, 1948 Series G—.
,2344
es Apr. 1, 1948
3.19
———
—
of
Certificates
Bank stocks...
General
Maturity—
Ask
Bid
Int. Rate.
Maturity—
—1%% 100.2200
{Sept. 15, 1948—
1%
99.9762
{Oct. I, 1948—
{Jan. 1, 1949—— —1%% 100,0163
7.43
—
Price
Dollar
7.21
Series——
Series
Income
Stock
8.48
Speculative Series
Eaton St Howard—
9.17
1
Bond
Stock
Preferred
-
Balanced
.
series..
Bond
1.37
Shares
Dividend
.10
Securitiesshares
Rational Investors Corp
Rational Security Series—*
143
5.83
15.34
■
5.36
14.19
——
121%
3s————.1961
Indebtedness
U. S. Certificates of
7.87
24.01
Canadian Inv Fund Ltd——1
Balanced
Panama Canal
4.78
1
——
Mass Investors 2d Fund
Commonwealth Invest-:
100.8
120
4.51
——10c
-
Mass Investors Trust
3.60
4.80
—•
27.96
30.06
1
12.64
13.68
Christiana Securities com—100 2,650
2,750
100.4
Issues ;
4.30
4,34
4.09
shares
shares
100.20
100.4
3.91
3.90
Manhattan Bond Fund Inc—
16.32
16.33
—1
Bullock Fund Ltd—-—
95.90
18.37
7.82
100.1
4.29
3.54
Home Furnishings shares
Bowling Green Fund Inc
,100
Broad Street Invest Co Inc—S
-1 Othef
100.2
99.27
—
98.12
98
Ask
99.30
4.59
1
Holdings Corp—
—1
Bond Inv Tr of America.—•
Boston Fund Inc
——5
97.12
4.41
shares-
100
,97
Bid
Federal Home Loan Banks—
l%S,Apr. 15, 1948—
1 %s Sept. 15, 1948
l%s Jan. 20, 1949
Ask
'
99.20
1, 1952nS50——
1, 1953-1951-——
1, 1955-1953
—
l%s May
3.81
3.57
3.26
Shares series A——.
Blair
Bid
Federal Land Bank Bonds—
1%S Oct. 1, 1950-1948—-—
Equipment sharesshares
—
—
Electrical Equipment shares-
represent one or more 32nds of a point
after decimal point
91.53
Affiliated Fund Inc....
—™
Travelers
U S
—
—100
Fidelity & Guaranty Co—2
U S Fire.
U s Guarantee
Westchester Fire
473
488
46%
45%
67%
70 %
2.50
31%
33
.
a°dd lot sale (not includea in
w
d. When
year's range). b Bid yield
f Flat price,' k
n
yCar'S
delivered,
wi When
issued,
x
ran8e)
price,
Admitted
•*
Ex-dividend,
t Ex-stock
y
Ex-rights,
(not
d Deferred delivery sales
to listing on N.
dividend.
z
y! Stock
(Un) Unlisted
Ex-stt>-k
Ex-
issue,
dividend.
48%
10
.
lhanae
48 %
—4
J,
dividend.Par ValUG' +In dCfaUlt' tTh6Se b°nds
are subject to all Federal taxes.
-lEx-liquldating
Number 4683
167
Volume
:
THE COMMERCIAL
&
FINANCIAL
CHRONICLE
(1295)
THE COURSEOFBANK
CLEARINGS
:A,
Bank Clearings this week will show
Preliminary figures compiled by us, based
the
cities of
all cities
for
increase compared
with
an
telegraphic advices from
week ended Saturday, March 20,
it is
will be 9.4% above those of the corresponding week
total stands at $15,760,847,234 against
$14,411,243,007
1947. At this center there is a gain for the week ended
last
inary
Clearings—Returns
by
Telegraph
Week Ended March 20
:
for
week
Our
'
1948
i__
——Zt
1947-
$7,892,283,898
+ 29.2
590,937,270
+ 31.9
485,121,689
•
•;
L—a-—
268,751,487
+
287,500,000
375,343.000
4—Z-r-Z—
daysii—--^Z——LaZa-Wa^
29,556,100
28,023,000
175,404-719
+ 32.3
$9,507,694,965
+ 26.8
:v2,549,801,745
Fifth
West
+
2,353,746,297
•
■
23.8
—64.4
!■•'"
'
9.4
+
;
•
which
Federal
Sixth
loss-of 5.5%
and
District
record
Federal
Seventh
in the
of
SUMMARY
Week Ended March 13
Federal Reserve
1st Boston
2d
3d
New
Districts
•■Z
12
——
York-t^A—
Cleveland
+
1.0
656,139,422
708,754,152
2,289,706
3,660.768
10,074,000
100,541,528
3,323,714
201,989,554
190,236,944
65,931,392
66,892,128
a
a-
decline
a
of
3.6%.
In
the
5th
Richmond-^i—__,_a—
Atlanta—-A-
9th
10th
llth
3,420,192
84,768,343
88,681,538
Reserve
413,529
104,806.546
a.-_
City-—
—
San
Francisco-
We
766,777,256
York
add
our
week ended
March
.
$
$
504,735,280
570,738,986
0.9
7,429,581,359
6,526,703,243
2.2
783,441,021
750,926,402
1.0
656,139,422
708,754,152
4.0
347,115,994
592,182,513
1,555,724
521,245,764
—
3,304,766
9,726,547
5,329,846
5,359,296
48,413,000
4,985,845
13,175,351
59,961,735
4,000,385
27,895,392
15,207,731
1,113,021
719,353,445
2,844,404
10,455,496
4,422,698
7,212,058
958,928,131
940,594,044
+
1.9
769,613,756
6,527,490
5,817,027
5,980,197
14,159,950
64,131,400
3,839,486
29,115,533
14,160,402
—.
:>
1,088,565
731,295,236
—a—_—.
"
a_
+
6.2
383,017,918
356,713,487
4.3
263,018,519
219,945,469
'
V
326,318,096
4,998,724
a—
cities)
249,100,000
115,405,508
340,879,347
—
436,806,993
14
442,291,105
1.2
—
Federal
Reserve
261,178,487'
362,595,624
North
322,011,470
205,009,737
+11.1!
233,163,890
704,997;879
167,293,451
664,361,538
13,348,556,686
1.9
12,792,761,186
5,032,833
6,106,751,849
6,426,504,679
5.0
5,554,144,987
Helena-
—
—
:
statement showing
years:
Tenth
1947
326,318,096
Federal
Reserve
Dec. %
v;
-
'
.+
+
431*427,032
—
6.9
-
sPringfield„__w-
1,781.694
:
^
1,284,606 '
\r
485,557,873
York—Albany^.
Blmira—
*-V;'
■
'Jamestown—..'.
_
a
.
A i
2 124
York—zzzzrzrrw- z
Rochester
Newark—^
__.JV
Northern New
40,956,000
33,794,000
+ 19.9
46,145,088
4.4
3,969,399
12,696,624
46,151,823
3,446,981
19,683,750
6.9
9,890,920
2.2
796,401
598,695,248
2,323,264
+
7.5
+
7.0
—
+
—
—
4.0
1.7
+
—
1.0
8.0
+
.
4,145,796
3,718,546
3,844,330
12,157,076
2,576,935
16,469,783
7,672,291
516,415
v.
554,701,725
2,198,483
7,171,211
—54.2
7,230,996
3,435,371
2,519,105
1.9
769,613,756
6.6
220,900,000
+ 21.1
220,700,000
96,020,754
64,985,666
1,311,498
6.2
383,017,918
356,713,487
4,360,054
149,589,110
+ 13.0
+
+
—
1.1
+ 15.8
+
2,612,442
2,174,634
.
706,921,738
83,331,168
51,196,076
1,286,243
Eleventh
5,204,877
0.4
22*669,500
965,811
504*735,280
2,447,823
10,281,516
4.5
78,900,787
2.9
5.2
1,547,768
*.
A
hoa
hii
400+£V,V: 2,029,231
?
++
4,7' i
2,149,276
1,201*244'
7.23M1W99
*«.».
18,876,184
11,943,417
1Q,650,905
9,232,207
9,930,314
;+
Z"
+
12.1
.
620,521
...
680,498
_
—
7.a
-
-
6.327.980.407
14,576,583
9,449,067
'•
9,045,129
8.8
689,556
.
523,297
37,843,622
37,432,764
1.1
32*984,958
31,858*462
49,907,353
0.4
43,912,106
.48,061,092
0.9
7,429,581,359
6,526,703,243
7,230,490,579
+
3,830,015
1,785,789
—
6.7
—
4.3
263,018,519
219,945,469
9.6
176,480
357,732
4,691,228
82,338,296
3,118,646
8,882,968
213,428,696
+ 17.3
257,355
364,167
5,481,797
89,934,996
4,624,877
7,893,543
244,043,145
6,763,970
1,628,963
1,602,811
1.2
362,595*624
322,011,470
7.7
5,982,518
167,338,900
17,402,553
4,127,000
3,341,902
136,086,000
16,859,885
+
442,291,105
122,473,041
5,736,347
—
—
+
5.1
9.2
4.2
+
0.4
+
3.6
—
—
7.4
1,685,555
5,222,200
6,541,996
1,413,773
1,061,655
7,130,707
—
——_ -—
Federal
-
—
1-
—-a.
Reserve
District—San
261,178,487
+
21,252,868
+
+ 11.8
4.9
4,698,000
2,614,573
9,265,754
■<'
+ 28.1
0.2
2,567,780
7,591,886
6,181,410
235,163,890
+11.1
205,009,737
167,293,451
78.906,740
+ 23.8
+
3,095,000
1,929,254
Ffanclsco^—
111,199,213
Utah—Salt Lake City—
Pasadena—
San Francisco———
94,423,193
+ 17.8
3,361,796
4,108,209
—18.2
96,296*113
+ 40.7
45,565,119
9,764,484
+
5.5
79,896,748
3,713,143
79,619,620
36,934,158
9,232,331
8,351,151
+
9.6
6,858,151
361,491,000
A-,^-CW
135,489,558
50.485,362
10,305,541
9,155,654
Yakima
San Jose-
6,622,69&:
190*710,000
213,294,000
22,301,811
5,818,000
3,349,171
9,284,798
Oregon—Portland
1
'
5,403,869
384,324,570
10,564,144
5.9
333,468,695
+
5.5
8,363,474
309,479,000
6,784,037
2,109,233
11,142,698
+ 10.8
—
90,485,976
3,046,401
31,974,913
11,114,848
Santa Barbara-
4,176,711
3,889,665
+
7.4
Stockton—
3,213.180
8,190,346
7,074,890
+ 15.8
5,947,292
5,499,795
704,997,879
664^361,538
6.1
567,246,792
544,804,812
Grand Total (112 cities)———
13,088,446,730
Outside New York
„6,106,751,849
13,348,556,686
1.9
12,792,761,186
11,517,436.432
6,426,504*679
5.0
5,554,144,987
5,189,756,025
8,022,971
7*691,360 ;
49,719,156
;
53,472,746
7.8
436,806,993
District—Dallas—
California—Long Beach—
-16*651,222 ;
1.3
4,499,609
2,462,513
2,523,865
6,319,039
+
1,471,199
Washington—Seattle
,-•1,430,684
1^9^965
Reserve
Total (6 Cities)
75,817,000
1^241,937
,,
7.6
1,726,128
Wichita Falls
1,823,767
64,422,197
; "v-
—
2,090,708
Louisiana—Shreveport
6,662,607
,/
8.5
—
10,212,623
Galvdston___
450,947,182
-
182,962,998
59,631,200
1,936,099
L—-a'
Dallas
18,478,600
1,60(1,053
Federal
Fort Worth—
6,513,644
0.2
8.1
1.0
10,579,141
dity
———
Texas—Austin
3,869,755
20,443,077
>-■:
"
—'-AAW
**
7,919,006
34,703,566
377,075
463,593
18,134,222
5.5
4,619,295
5.7
+
1,481,898
5,887,232
—
—12.7
—
10,586,008
281*196,791
-
Total (10 cities)
Twelfth
•
cities)
-648,123
4,959,509
•
JerseyZZZZ-
Total (12
0.7
+ 22.1
—
Ji 1,395,083
.<l,88lj740
,
2.3
+
513,553,878
19,115,561
Jersey—Montclair
■*.
—12.0
1,459,737
•
"
1,689,132
+ 14.5
—
9,810,453
.
1,467,13^^ v
-v
8yracuse_
8.5
+
—12.6
—
St. Joseph
388,183,695
-434,437,275
0.3
+:'.*25,739,400
2,556,830 "
^nectlcutZta'mTorZZ"""""'
'
'
2.7
76,649,332
New
We^
+
1,375,381
8,288,791
4,510,132
3,643,570
4.0
+
+ 22.5
512,945
Colorado—Colorado Springs-—
Pueblo—
——————44
3,353,847
21.2
5,005,943
37,523,497
...v."
~.T -r
•• -•
603,297
1,259,209
York—
Bu«alO-Z"ZZ,Z:
.
+
+
7*184,916
9,775,728^:^:;
25,800,400
.
«
v....
681,382
6,341,601
+ 36.7
7,634,368
Kansas—Topeka
Missouri—Kansas
'
,
•
+ •1.3
675,763
::
7,001,944
-Proyldenceli.^-^i.-.
8^ond Federal
Reserve District—New
•
1,873,822
818,971
^Haven^A----—ZZZ
Rhode
Binghamton-
445,478,952
t
City—
413,150
Omaha
$
364/
,5,729,437
rWorcester-_^::ZZZ:Z Z.^,<^o,
.**5^cutZttiftfbrtfZ^
New
3.4
1,691,392
4,206,829
1,879,180
(12
1945
$
"
1,748,207
New Bedford
^Otal
521,245,764
—
6,672,047
116,262,146
5,206,226
11,035,595
282,350,310
-
"
"
1,805,-243
,
3.6
—
2.3
—626,151
Wichita
$,
,A
-
340,879,347
District—Kansas
Lincoln-
1946
Inc. or
$
.401,51.7443
'
3,066,758
7,542,809
Nebraska—Fremont
-
4,893,350
:
Z—__U. '
Hampshire—Manchester
5,443,130
3,364,124
7,037,489
—
Total (7 cities)—
the figures for each' City for the
$
iV'-'V"-?1
...
77,^82,725
5,189,756,025
13, for four
Island—n uviaf^nr.t*
5,762.399
237,917,402
78,543,067
4,982,960 (
3,108,657
3,306,980
Dakota—Fargo—-a_—a—r—
Montana—Billings—,
11,517,436,432
Massachusetts—Boston
Lowell-
102,639,528
4.2
+
—
233,600,000
224,306,110
*
South Dakota—Aberdeen
544,804,812
567,246,792
6.1
+
13,088,446,730
Maine—Bangor—\
Pall River.
299,928
7.4
71,986,659
79,661,911
5,466,007
District—Minneapolis-
St. Paul
"
i4
1948
f
+ 114.5
426,121,779
Minnesota—Duluth
Minneapolis
First Federal
Reserve District—Boston—
.
3,573,522
2,865,144
3.8
3.4
+
74,073,164
1,743,674
452,472,047
cities)
Hastings
Portland
116,704,941
85,794,284
2,112,255
.
,
«•/
2,814,972
11,292,643
—
706,921,738
426,121,779
#1-'
•
38,284,390
2,805,587
2,319,865
60,602,529
62.614,784
4,905,383
295,812
92,002,903
—
940,594,044
'•
—
it
Total (4
Ninth
958,928,131
-.452,472,047
detailed
at—
15,247,699
166,400,000
445,478,952
—
Week Ended March 13
Clearings
13,566,401
51.786,664
189,400,000
—18.2
1,137,794
10,118,010
—.
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy
'
n
,
6.4
+ 14.3
—11.2
316,936,074
3.6
+
373,358,020
592,182,513
50,275,080
District—Chicago—
Missouri—St. Louis
450,947,182
+
758,984,893
347,115,994
Eighth Federal Reserve District—St. Louis-
K
City___:
now
:
4.0
•
cities
New
891,906,479
388,302,670
Total
Outside
%
1945
+
;,^7,169,159,200
570,738,986
6
.
7*230,.490,579
..*VZ/~
i.i
.10
—
Dec.
"513,553,878 •-+5.5,:
1.4
.
1946
'
/' 7
.10
,'-v
$
'
316,936,074
6.2
+
113,181,037
48,'<28,000
Chicago—
Total (17
2,756,200
172,129,050
+
6,554,289
886,971
—
a
7,043,000
—
85,138,100
6,403,093
>
Illinois—Bloomington
Peoria
1,497,125
83.235,619
93,333,861
2,903,539
178,982,459
61,113,486
81,984,061
3,694.964
1
City—
Decatur
2,058,649
8,724,000
2.0
+ 10.1
53,447,714
226,200,000
4,516,348
3,553,525
V
II
4
Dallas—.-i——4—.!!-
12th
;■'<<
.17
Minneapolis^-—
Kansas
;
6
Louis-Ai——
'.V
; i
Inc. or
'
"872,623,351
_i.10
Chicago-—-.—.
8th St.
■
CLEARINGS
1947
vv
2,542,917
+ 13.6
17,193,910
—.
a—?
Federal
+ 20.3
+
373,358,020
16,086.826
Iowa—Cedar Rapids.—
Des Moines—
a__
Sioux
V
200,900,000
Wisconsin—Milwaukee
-
II
,-A
7
—
$
■
19,872,400
District—Atlanta—
Indianapolis
by Federal Reserve Districts:
BANK
485,557,873
*,'«:, Z'-a, v
11
6th
7th
cities
12
Philadelphia-—
4th
OF
1948
5.5
+
4,833,965
124,939,707
257,738,778
758,984,893
—a—61,090,513
cities)
South Bend_._
4.0%
are
summary
143,773,861
223,758,326
4,657,761
294,168,624
388,302,670
Reserve
Rockford
a
4,775,063
1.6
252,884,485
Springfield
furnish
2.6
+ 17.0
2,755,088
*
Michigan—Ann Arbor
Grand RapidsL
Lansing
Indiana—Fort Wayne„ a—
-
we
+
—
261,681,093
;
Total (10
Dallas Reserve District
there;* &r an increase • of 11*1% Znd in the San Francisco
following
750,926,402
22,995,600
3,053,682
4,898,405
—
Mobile
larger by 1.9% and in the St. Louis Reserve
but in the Minneapolis Reserve
District the totals are smaller by
In the Kansas City Reserve
District there is a decrease of 1.2% but in the
6.1%,
783,441,021
+ 21.3
11,445,000
102,520,868
Louisiana—New Orleans
District by 6.2%
In the
2.2
—11.9
Terre Haute
totals
—
3,778,583
Mississippi—Vicksburg
Philadelphia Reserve-District of 2.2%.> In the Cleveland
Reserve District the totals
register an improvement of 1.0% and in
the Richmond Reserve
the
3,905,600
District—Richmond-
Florida—Jacksonville—Alabama—Birmingham
they are located and from .this it ap¬
that in the New York District
(including this city): the totals show a gain of
0.9%, but in the Boston Reserve District the
District
*
Macon
jpresent fUTthet below
pears
the totals
4,205,384
306,113,674
Columbia—Washington
Nashville—
wa|
Reserve
6,916,324
6.6
—
6,487,085
Tennessee—Knoxville.
For that week there
ij£-titebiease of 1.9%y & aggregate of Heat¬
ings for the whole country having amounted to
$13,088,446,730 against $13,348,556,685
in the same week in 1947. Outside
of this
city there was a loss of 5.0%, the bank
clearings at this center having recorded a
gain of 0.9%. We*group the cities accord¬
ing to the Federal Reserve Districts in which
a
Reserve
Georgia—Atlanta
Augusta————
we
totals show
1,867,009
2,276,858
6,344,084
766,777,256
Total (6 cities)
complete Jesuits for the Week previous-Zhe ''week
ended Mar:
2,122,989
2.1
+
5,712,995
.
J^cordingi^tn^the^a^e;Zhe;w&fe>h!'al&
and
—36.1
4,583,451
Z-_ZZ II"
.
Virginia—Huntington
District of
-
^;e|abo^atd^<i^tdil€!d -statement, however,
HZ"
Virginia—Norfolk
Richmond—.,
South Carolina—Charleston—_
Maryland—Baltimore
+ 12.4
$15,760,847,234 $14,411,243,007
,
able.toy give final
3,534,414
2,117,492
+ 54.7
$14*923,185,826 $12,057,496,710
».
~
Total (7 cities)
___
'
,I"~
+ 50.5
252,930,980
$12,053,328*006
——a———
.3-
Reserve District
—12.2
1,913,939
4,313,991
+ 21.0
Reserve District—Cleveland
Youngstown
Complete and exact .details for the week
covered by the
foregoing will appear
in our issue of next week. We
cannot furnish them
tcday, inasmuch as the week
ends Saturdays and the
Saturday« :figure& are not available at time of
going to press.
4.3%.
6,466,811
160,768,981
291,779,340
2,620,432
5.6
'
2*864,857,820
__
Federal
Total all cities for week
Chicago Reserve District
6,034,293
158,111,593
256,065,150
...
Pennsylvania—Pittsburgh—
+ 11.0
234,44,7,905
837,661,408
Atlanta
cities)
—
—23.4
—
'
232,027,206
days—
-Total all cities, five days
the
891,906,479
7,877,605
Mansfield
6.8
338,031,000
352,797,183
391,304,928
All cities, one day——
in
872,623,351
3,096,750
\
—
Cincinnati
+ 1011
.
but
6,167,138
2,893,709
Cleveland
+ 10.7
287,025,500
Cleveland--
are
757,000,000
2,498,916
Columbus—
316,600,000
Louis_iL^->-^2^i____-iI^_i:j.i^^-u'_^_
Francisco__^__ZZZZ"'—-----r
Pittsburgh
we
2.0
866,006
2,429,916
726,000,000
726,726
Ohio—Canton
+ 11.9
768,000,000
San
v'.-i;'1-',
2,577,025
1
Jersey—Trenton-
Fourth
$6,106,569,915
7'.536,865,569
Kansas City—
,
0.5
4,656,132
Delaware—Wilmington
com¬
"-'t':r
661,080,722
-.
Ten cities* five
—
3,121,170
839,000.000
YorkNew
1,013,000,000
Other cities, five
489,610
815,336
—
Wilkes-Barre
Total (11
Philadelphia-^—
Baltimore
858,147
466,141
5.3
-——-a
29 2%
6
+
Scrantcn-
in
1945
%
+ 46.0
a.
;A
1946
—18.7
*
Philadelphia
Reading
or
Dec. %
814,131
1,058,984
3,137,552
856,000,000
3,262,042
4,835,723
2,390,510
4,848,999
7,712,325
6,606,201
l', 188! 735
1,114,800
Lancaster
Inc.
1,240,012
■
York——u.
Chicago——.
St.
j oqs 396
Chester
'
,
i
—__
same
$
District—Philadelphia—
Bethlehem
clearings
Zvyyh,-1
*
Boston—
,
the
Reserve
Pennsylvania—Altoona
the chief
Our prelim¬
year.
Friday of
parative summary for the week follows:
ago.
Federal
1947
$
possible to obtain
weekly clear¬
ings
New
year
upon
country .indicate that for the
pf^the Umtea-States from which
1948
Third
a
43
Week Ended March 13
Total (10 cites).
•Estimated.
+
t
■>*&*>*
44
Monday, March 22, 1948
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
(1296)
ENTIRE ISSUE CALLED
Condition Statement of Member Banks
reporting member
The condition statement of weekly
of the
banks
;
Federal Reserve System in leading cities
4
following principal changes for the week
ended March 10: Increases of $215,000,000 in loans and
the
shows
$299,000,000 in holdings of Treasury bills, a decrease of
$221,000,000 in reserve balances with Federal Reserve
Banks, and an increase of $285,000,000 in demand de¬
posits adjusted.
;
■
Commercial, industrial, and agricultural loans in¬
creased $17,000,000 in New York City, $13,000,000 in the
Chicago District, and $54,000,000 at all reporting mem¬
ber banks. Loans to brokers and dealers for purchasing
.
.
States Government securities de^
Loans to brokers and dealers for
purchasing or carrying other securities increased $144,000,000 in New York City, $33,000,000 in the City of
Chicago, and $109,000,000 at all reporting member banks.
Rayon Co., Ltd., 6%' debs;, ser. A,
Muncij Water Works Co.—
"
1st
Purchase
Pet
.
—Apr lb
Milk
Co.—
"•
*
Dividends
member banks.
Holdings of "other securities" increased $71,000,000.
$27,000,000
,
deposits adjusted increased $272,000,000 in
New York City, $56,000,000 in the San Francisco District,
Demand
announced
$285,000,000 at all reporting member banks, and de¬
creased $63,000,000 in the Cleveland District. United
States Government deposits increased $138,000,000. < • C
and
Chi¬
Borrowings increased $61,000,000 in the City of
all reporting
A
at
$24,000,000 in New York City, and $68,000,000
cago,
member banks.
week
this
of the assets and liabilities of reporting
summary
member banks follows:
*
1
.7
77y7 '
•;
X
■'•'A; VX';'' y^^X',:
64,128
23,654
Loans—total
--
-
loans
brokers
+
+
+
54
253
3,940
2,475
+
,
for
dealers
and
pur¬
chasing or carrying:
'
U.
IT.
4
7
loans
——
banks____—
Loans
to
Other
1
—___:
loans —-.
—
———
Treasury bills
_______________
Treasury certificates of Indebtedness-——
4
281
486
Treasury notes
'
.
v
——————
3,583
265
3,485
—•
+
pfd.
6%
Insurance
Bcok
American
Brake
(quar.)
32
/+•
Shoe
Co.,
■$1.50
4-
.
Goods,
pfd.
7%
+
2,579
20
1,409
—
957
—
.
27
y'7
7
-7—
+
3,054
—
Argus,
Inc.
Corp.
71
+
253
Arundel
+
1,302
Atlantic
U
Atlantic
+
61
+
15
+
146
—
.
y—
Co.
+
—
except
+
14
>r-
8
68
+
Beaton
621
y —
5
137
t
+
y7X
':.;.77-7"7v 44
18,503
y. r.•*,y.y
....
.
share
extra
1
3-25
1
4-24
1
3-22
4-
1
3-24
$1
4-
1
3-19
4-
1
3-15
Class
called
for redemption,
under sinking fund provisions.
redemption
or
last date for mak¬
Brunner
in
details
NOTICE
OF
TENDER'
'/'7.
Company and Issue—
I
Aroostook
7'yJ 4
Date
1961-Apr 12
646
Valley RR.,.lst & ref.
mtge. 47as, due
-7,
Boston Sand & Gravel Co.—
y-y,-,
l
•
*
convertible debentures, due 1949——-Mar
^Central Pacifid Ry., 1st ref. mtge. 4s, due 1949:—
—Mar
Heller (Walter E.)
& Co., 5Va% preferred stock——Mar
Hoe (R.) & Co., Inc. class B stock-—-;
—
Apr
Leeds & Lippincott Co.. bonds—
—————_Apr
Missouri Pacific RR.-Oentral Branch Union Pacific Ry.— "
4%
1st mortgage bonds——-————Mar
VMonon Coal Co., 1st mtge. 5s, due 1955---.——f
Mar
Vandalia RR., consolidated mortgage bonds—Mar
7%
1142
22
29
23
13
9
1147
547
(quar.)
preferred
4Va%
Electric
Power,
California
Oregon
Power,
6%
942
1046
(increased
B
Canada
quar.)_
Steamship Lines,
Common
(special)
Connecticut
Power
■
1
Co.—
$7
mortgage 334%: series A bonds, due 1965 -Apr
Goldblatt Bros., Inc., convertible preferred stock—. -Apr
Harrie-Sevbold-Potter Co., 374% debentures, due 1960 Apr
Helvetia Coal Mining Co., 1st mtge. 5s, due 1958
_ Apr
Indiana Gas & Water Co., Inc.—
*
Apr
1st mortgage 37»s. due 1970——
—
Oklahoma Natural Gas Co.
1148
1st and gen.
i
letmortgage bonds,_ 2%% series, due 1961.
Oregon-Washington RR. & Navigation Co.
Refunding mortgage 3s, series A, due 1960
Public
r
Electric Light Co.-—
1043
Carter
1151
Cascades
1044
4%
Gas
2d mtge.
.
Apr
749
Apr
852
Central
and collat. trust 23,4%
Coal
&
(quar.)
Sugar
Coke
Utilities
Gulf
Public
Shares
Service
3-15
3-15
.•Hamilton
5-
1
4-15
Hamilton
4-20,
3-31
3-26
3-15
3-26
3-15
4-15
•3-25
3-31
Investment
3-31
3-25
Central
1155
*
9-15
8-25
U5c
12-15
15c
5-
Gas
-
'•
752
States
7
,
5(2%
5%
'
Oil
1
1089
Electric
,
Fund.
Inc
Chesapeake Ccrp. of Virginia
r
1
5-10
3-31
3-19
>4-
1
3-12
50c
4-
1
3-15
50c
"3-31
50c
3-31
3-17
3-17
5%
4-
3-20
Incorporated
4-
1
3-20
Indiana
■
4-
8
(4-
8
25c
4-30
40c
4-15
3-31
30c"
5-
1
4-15
6-
1
5-10
•'■■'_;
$1.50
•yy
$2
_XZ"
Co
Hawaii—ZlXZXZ-iZ'
CoZ, IncZXom.IZ
of
(quar.)
' ,
Foundation Fund
$2
-
Inc
■
_
3-31
3-15
-
3-31
3-15
37Y2C.
3-31
3-15
i_-'
10c
IZZZZZZZZ
50c
>
4-15
5-
5
St0ve
common
6-30
$1.25
9-30
12-30
3-20
3-20
25C
4-30
50c
_
4-30
$1
-'■4-15
8772c
3-31
81 Tic
3-31
4-
1
4-
5
8772c
5-
1
$1
5-
1
8272c
(quar.)
__$0.828312
_
(quar.)y_„Z-_^-iZ_X
Co.,
3-30
$1.25.
$1.25
,
Corp.—~
Johns-Manville, 3J/2% preferred (quar.)
Johnson &
Johnson, 4% 2nd pfd, (quar )
3-31
5-15
3-31
7aC
stamped common
Preferred-
3-31
l7»c
-
Co., 7% pfd. A (accum)—
preferred B (accum.)—
Justrite Mfg. Co.
Kahn s (E.) Sons
3-31
$1.25
---
T°ra^ oOV(^r & Light> 3-30% Pfd-
43%C"
3-15
$1.25
7
-
Telephone
(quar.)___i
Sr
4-15
60c
:
5Z!ern^,ti0,nal filling Co.Z 4%~~pfdZ (qua rZ)ZZ
Iowa Electric
67a%
3-20
I2V2C
(quarZ)ZZ
XZZZZZZZZZZZZZZZZZZ
Associared
preferred
1
'
*
(quar.)-:—
Investors
4r
-
$1.3772
(quar.)
Extra
}74r-.l:>
50C
Material
Door
preferred
3-12
4-30
25c
(quar,)7iXZXZZ~ ZX~ ~X~
1
,
7
,
Co., 5% pfd"
(quar.i—„_^u
1
58%C;
37VaC'
Co.
Field
&
5
2
40c
"
y
'
preferred
4-
37VaC
_X
1
6-
-
(quar.)__;
preferred
5%
'Income
.
_
4-
25c
i"
Lumber
preferred
!Huttig Sash
y
85c
Co.—
3-15
20c
(quar.)
(auar )
(quar.)
preferred
4-
10c *■
25c
;
preferred A (accum.)
6% preferred B (accum.)—__
6preferred C (accum.)
Chemical
bonds, due 1967_Apr
(quar.)^
1
$227ac
(quar.)__Z____ZZ
Ltd.
Co.y comihon
(Edward)
V4-
-
Co.
preferred
4-10
1
Mfg.
Home, Insurance
.
11-25
York Power Cor-p.—
preferred
4-
(quar.) —y_y_
Co.,
Course,'Inc. (irreg.)
Hines
5-25"
t$1.75
7%
946
bds., due 1952_Apr 1
New
3.40%
3-15
75C
__
3-12
6-15
Cotton
__
Central
1
Trust
Helena Rubinstein, class A
(quar.)
.X"7
Henkel-Clauss Co., $6 preferred
(quar.) _—7
Hialeah Race
3-20
130c
••
4-
_7—IZZIXZZXZZZZZZ
(quar.)___ZZZZZZZZZ
'y
L____ZZZZ
____Z_X~
(irreg.)__XZ~X
3-15
50C
certificates.——
Hart & Cooley Co.—
Hartford Fire Insurance
8%
;
1
Trust'
Investment
participating
Rail
3-25"
4-
^(Hartford), series I preferred certificates
4-15
3-25*
$1.50
(accum.)
Guardian
1
3-20
1 rin
_
3-26
-Hartford
(quar.)
Corp.
Public
(Hartford),
3 -31
__
Aquirre
Guardian
;
3-31
_______XXX1
_
3-16
4-
4-15
50c
certificates
1
'
$1
(HartfordZ—
Trust
participating
Houstoh
W.) Co., new common (initial)ZPlywood Corp., com.
(increased!
preferred (quar.)_
'
Corp.,
common
(quar.)__
_i_ZZZZ-
preferred
1
(now 1st mtge.)
5%
Central
Corp.—
1st mortgage
3Va%
Investment
1
t$1.50
(accum.)_-.
; "7
;
(quar.)
common
4-
t50c
(J.
CelotCX
1045
$1.50
4-15
;
(quar.)
(quar.)
4-
myac
4-30
50c
_____-_v
1
il5c
Co.
"Guardian
15c
Vickers, Ltd.—
Shoe
1
3 V4&, series D, due 1961——
Apr
St. Joseph Light & Power Co., 1st mtge. 2B/8s, due 1976-Apr
titia Street Towers Corp.—
*
"
10-yr.
Cannon
Co.,
3-31
3-20
3-25
Z_
Co.__L
3-30
'U5c v
preferred
1 *
1st mortgage
United
Canadian
Co.
4-15
40c
56Vic
—
_
15c,
Quarterly
43
L.)
Gas
3-25
4-9.
12V2Q
common__—_____
B
4-15
Quarterly
1041
,
Inc.. (quar.)
Steamship
Bldg
3-19
$1
3-20
4-15
Quarterly
••
3-19
3-20
$1.50;
,y
4- 2
75c
25c
$1.75
'
& Ohio Ry.—
imp. mortgage
+
-m
Ref. and
3%s, series D, due 1996——May
-Apr
Cities Service Co., 5% debentures due 1958—
.Apr
Cleveland Union Terminals Co., 1st mtge. 572s, ser. A_
.Chesapeake
(H.
$1.17147
I
$$1.25
'
(quar.)
Co.,
40c
(s-a)~"~~
4-16
4-10
7yyV'"v 50c
y_ 7... 62V2c
Square
Class
3-16
4-
3-19
(quar.)_
(resumed)
i2yac
Varnish Co., Ltd., 5%
pfd. (quar.)
Canadian Fairbanks Morse, 6%
pfd. (quar.)"
Canadian Motor Lamp Co., Ltd.—
Page
1
Co.
Razor
28»/8C
quaTJ"
6c
t20c
_________
participating preferred (quar.)
31Vic
Participating
7
5c
Bros. Cooperage, class A___f_!
20c
3-18
4-
3-29
50c
87%c
4-26
_
75c
;
Canada
Date
3-31
3iy4c
•
50c
Greif
3-28
40c
(Boston)
3-29
$1
■
.
$1.25
3-28
4-15
28y0c
;
Ltd.
4-15
Trust
(quar.)
C.J
Lakes
Green
3-28
15c
pfd.
preferred (quar.)
preferred (quar.)——
Camp Mfg. Co., common (increased
Class
4-15
$1:12%,'
3-15
•
Stores,
preferred. (quar.)
Greenwich
3-9".
2'/ac
(quarj.—
Co.
Hosiery
Greeley
3-25
3-23
10c
3-15
7.
$2.25
3-31*
1
3-19
$1.50
(quar.)
Grayson-Robinson
3-23
(quar.)..
Art
Safety
3-12
4-
3-22
7 56%c
pfd. (quar.)
conv.
Wares, Ltd., common
preferred (quar.)____;
Gotham
3-31
4-15
class B
Investors
(A.
3-22
4-21
$1.25
3-31
$1.50
(quar.)
Co., 4V2% preferred (quar.)
preferred
Great
t25c
$4.75
31
4- 1
3-26
(quar.).—II
7^y7
preferred
i;%.
4-10
V4+;:i7
(quarj-l
common.——i_—
$3
1
10c
(quar.)
preferred
4-15
4-15 1
5-
25c
—___7—I.—
prior pfd.
conv.
4-30
4-30
100%
3-15
$2
3-19
Gilbert
,
(quar.)__—._y
E.)
Gillette.
-
y._—j;
40c
(s-a)
4-1
3-20
20C
Co.
Y.
Extra
3-24
'
California
PARTIAL REDEMPTION
Issue—
Co.
Co.,
1
Butler's, Inc., common (quar.)__4 y2 %
preferred. (quar.) —I
-
Company and
Mfg.
4-
•77
N.
3-16
25c
Gibson
—
y_— v
Depot
3-20
3-25
$257
50c
57c
4-7
class A—-7——
.7
4%
non-cumulative
Butler
1153
25
31
(Mass.)
.
Cable
3-31
$1-
.
General Steel
3-31
_7 '■7; 5°c ;
Trust
preferred
4-15
4-15
.
_____
4-6
jioc
New
Erewing
General
...
4ya%
3-26
$i.i2ya
Corp.—
B
Mfg.,
5%
Page
y
soc
(stock dividend)
6 %
Bush
'
3-20
60C
5cZ
Corp.
(quar.)
;
Corp.,' common
7,7 47c
1st preferred (quar.)
\'-f«, convertible 2nd preferred (quar.)y__7
General Foods Corp., common
(quar.)
3-20
1
62 yac
$1
General
3-15
1
77
40c
General
4-15
3-19
4-
^
7
Plan,
preferred
Burger Brewing
given in the "Chronicle."
were
.7
Finance
Class
yy
Gannett Co., Inc.,
$3.50
-——
20c
y
25c':
3-19
$1
;
Co
3-20
;-;':7;
(quar.)
Property
Co.
Mrg.
1
4-
;
25c
•
(Boston)
of
1
;:
(quar.)___
quar.
Mfg.
Fullerl
Co.
4-
75c
:
7
_
(quar.)
Co._u-_i—:__y___7____7
Union
4-
4-30
Co.
Co.
Funsteiv (R.
4-27
30c
$1.12%'
■
(quarO'y— 1 t$1.25 Z
Jersey—
7^
:
: ;
_y_LL_' 7, ;• ":40c
(irreg.)
; $1.50
of
•
&
Insulation
Street
Trust
3-20
50c
——
Bowling Green Fund, Inc. (quar.);
Brandtjen & Kluge, Inc. (quar.)..
Bright (T. G.) & Co., Ltd. (interim)
Budget
ing tenders, and the page number gives the location
Co.
Brighton Mills, 5%
Fort
J.)
Fulton
3-20
1
;7
-
Personal
Increased
1
-25c
(quar.)
Herald-Traveler
bonds, notes,
pfd.
(quar.)
Edison
Boston
Below will be found a list of corporate
Associates
Formica
35c
1
class A
Co.,
B
Fifty
4-
1
$1
Z7Z..—7
pfd.
5%
Co.
-quar.
(John
of
Co., 4ya%
Airplane ■ Co
Ami
Increased
50C,:
(quar.)
Ltd.,
Felin
4-
4-
20c
'
^
Consolidated
Insurance
5c
.
•
(quar.)
common
Products
75c
Co
:
Corp
Co.,
$3
37x/2c
—
4-
20c
$3
(quar.)
pfd.
.4%
Federal
5-
37'/a C"
10c
$1.50
Fashion-Craft,
m'/ac
common ystock
for
Subject to approval.
Biltmove Hats, Ltd., common (quar.)
Bon
3-25
4-
share held.
A
4-5
20c
& Stock Yards, com. (quar.)
preferred
(quar.)
Bickforcl's, Inc.
(reduced)
Bigelow-Sanford Carpet (stock dividend) —
One
3-24
4-1
.
3-16
4-15
25c
(s-a)
Inc., 5% preferred (quar.)
_
;7
25c
Pafnir
Bearing Coy (quar.)i.J_—.
35cZ
Fairmount Foods Co., common.—______
50c
4 %
preferred (quar.)
7 7 $1.
$1.75
6%
Boston
Notices
20c
'
■
...
Mfg.
3-31
25c
Eversharp,
3-17
4-10
30c
'
'
Johnson; Corp.,
common
preferred (quar.)__
Equity Fund, Inc. (quar.)
v
.7-
(quar.)______u-_
Endicott
3-17
•
Co.
_7i_:7i__7-Ji____i._____?>-vy'"
■
Products
Electrical
3-17
25c
Railroad
Belt
:
Caldwell
Boston
which the
3-: 2
7Vic
Ale
f-'4' preferred (quar.)
Elder Mfg. Co.
(increased)—
3-17
1
Paper
Ekco
3-20
5c
15c
:
"A"_—__33/4C-
Electric
Eddy
3-26
.
Co._____y_yly7_yZ__y______
Co.,
Sault
Edson
- y
$1.75
$1.75 :■
$1.75
$1.75
_________
Rockaway RR., common
Oil
Eason
6
4-1
4-
&
9-6
4- 1
7"..y;;7;-,7 ;;
(quar.)—
'
Stores >(initial) _________y7--_-:'7;
Semi-annual
5
class
Products
Home
Dover
3-17
7. 50c
„
Dixie
6-4
12-
Y.
N.
Edison
Diamond Ginger
.t7yac
(quar.)
Corp.
&
each
aecuuuta,
;——
Baystace
\
Redemption Galls and Sinking Fund
-
3-
Y.—yy
N.
preferred-—
Shares Series Ny Y._______.
Steel
Detroit
4-19
3-15
100'
:
(quar.)
Y.)
25c
y__
convertible
Detroit
3-29*
5
Co.
Co.,
(A.)
Series
3-23
4-29
$1
7-lOc
i
(N.
of
Pinna
6 %
4-19
f.'4t
'■77,
(quar.)
«
of Yorktown
Bank
Supply
Deposit Bank
3-23
10c
(quar.)—
Corp.
Boeing
called
3-25
1
15c
>
y
—
Bobbs-MtrriU
those
1
5-
3-31
.
$1.75
(quar.)
7% preferred (quar.)
(initial quar.).
Plan,
Finance
Class
including
'3-25
4-
De
3-17
1
$1;
City Sewerage (quar.).—
Greyhound Corp., 4% pfd.
Thrift
Atlas
Bancohio
1,353
283
The date indicates the
3-20
1
$1.75
(quar.)-.-'
(quar.)
$2
(quar.)
preferred (quar.)___:
7%
preferred (quar.)
77o
preferred (quar.)
7'7o
preferred (quar.) ___i.u-_._-_____-.-y—
3-31
4-
50c
-----
preferred
30c
7%
y
Metal, Inc. (quar.).:.——_
Co.,
Inc..——
Hocking Glass...
y—i.
Apex Electrical Mfg. Co., common......-.7%
prior preferred (quar.)
-
221
..
9,040.
banks———...
stocks
*
74-
40c
.
convertible
56
4
Foreign banks
Borrowings
common
5
25c
'7.
25c
_______—
common_„__y___-____—_
preferred
Dentists'
3-20
5
4-
4-15
40C
(quar.)
+
1,221
deposits—————
deposits:
and
4-
25C
Anchor
483
1,219
preferred
23
25C
2,347
—
3
$1.75
Angerman
+
during week,-
23
62'/aC
Ampco
V +
Govt,
3
1;
4-1
3-31
"
(quar.)
$1.62y2+
—
y_—jy ,>■7
'
633
5
138
S.
3-19
4-
,
118
285
U.
3-19
3-31
6-15
$1.75
preferred (quar.)
9-15
$1.75
preferred (quar.)
12-15,;
$1.75
preferred (quar.).——y—:
•4-26
15c
American Seal-Kap Corp.
(s-a).-_———
3-31
12 '/aC
American Spring of Holly (quar.)
7;
si •
3-19
American Vitrified Products, pfd.
(quar.)
15c
American Yarn & "Process, common
7'4717
(quar.) 7 ;
4- 1
7. 10c 7
1,475
+
and
3-22
3-31
7%
+
—
demand deposit accounts,
1
25c
5c
,'
—
(irreg.)
common
(quar.)
$1
y
,
87y2c
Dana
Corp..
common—•
25c
3%% preferred A (quar.)__„——
93%c
Darling Stores, 6% preferred (quar.) ___—
37y2c
Davidson-Boutell,
6%
preferred (quar.)___,
$1.50
De Bell & Richardson, Inc.
(quar.)___
y ■ $1
3-13
V/o
+
$1.25
(quar.)
Inc..
Press.
3ya%
5
4-
4-20
1
y.—_■
(quar.JTy—
Co.
Paper
17
14,.757
Interbank
'
6C
4-
—
non-cum.
4%
47,581
deposits adjusted
deposits, except Govt.—-,-——•
Debits to
-
30c
(quar.)..-....
Anferican Car & Foundry—
American
25c
_
(quar.)
common
preferred
Cuneo
3-11
Forster,
a
3%
4-15
1
20c
(quar.)—-
Co.
4-24
4-
preferred
4%
common.
,
-
(quar.)—.-—Asphalt Roof Corp.: (quar.):
American Bakeries Co.
(quar.).—
American
Bcmberg Corp., common.—-
910
Time
Domestic
3-25
1 4CC
'
:
preferred
Extra
77:7 X 7'
Government
1
American
Class. B
Demand
S.
4-t
(quar.)— X—______
Inc.,. common (quar.)
$2.50 convertible preferred (quar.)
American Air Filter, common (quar.)
299
...
—
Interbank demand
3-25
Allianceware,
Auto
U.
1
;;
+
securities
Liabilities—
(quar.)__.—4__———
Markets,
Fire
4-
$1.25
___
Extra
10
—
14
+
2,347
4,028
27,239
4,281
Reserve with Federal Reserve Banks—— 12,736
Cash
in
vault——
————.—
782
Balances with domestic banks-——
2,316
bonds——
S.
Other
Cruia
IV2C
Inc———
Iron
&
Super
Allemannia
233
—
7
+
4+
'
U.
Albers
Machine,
&
dividend preferred A
$1
Payable of Rec.
Share
,'■
-
obligations
4^-----..;
securities
estate
Real
13
94
+
+
—
for purchasing or carrying:
Government
S.
•tber
40
+4169
436
524
securities
Other loans
•v
obligations
Government
S.
Other
7
T/c
*
—
to
+
+
Co.
Fund,
Fuel
Alabama
(increased)
Inc.
preferred (quar.)
American Distilling Corp.'(quar.)
and agricultural
industrial,
Commercial,
634
215
14,594
Loans and Investments—total—
>
Affiliated
7V«
(In millions of dollars)
Assets—
Loans
1947
1948
" 1948
!
Holders
When
25c
Mar. 12,
Mar. 3,
:
or
Dec. (—) Since
Mar, 10,
:
Inc. ( + )
Straus,
&
American
:
;'
y
j 7:
;
y
(quar.)„_—L
Petroleum
Insurance
Aetna
20c
—_____—
Foundry
Cooper (Peter), 6%% preferred
tJorroon & Reynolds Corp.—
are:
I'/aC '
$7
;
7 7
of Company
Abraham
Quarterly
Continental
prior preference (quar.)_______
Continental Gas & Electric Corp._
Per
Name
$1
Co.___—$1.25
Consolidated Textile ____—i.
_______—
40c
Continental Bank & Trust Co. (N. Y.) —
Rendering
Consolidated
.
,
,
.
dividends
Aberdeen
$5
40c
50c
5%
declared.
1
47%c
$1.90 preferred
(quar.)^____—_________
Consolidated Natural Gas Co.
(s-a) _______
show the dividends previously
4-
$1
Connecticut Light & Power,
announced, but
paid. Further details and rec¬
ord of past dividend payments in many cases are givenunder the company name in our "General Corporation
and Investment News Department" in the week when
The
70c
50c
(quar.) _________
Life Insurance (quar.)- 7-y
$2 pfd. (quar.)_
Connecticut General
which have not yet been
reporting
all
at
.
bring together all the dividends announced the
current week.- Then we follow with a second table in
we
(quar.)______
Pictures
7%
preferred (accum.)
Connecticut Fire Insurance
we
which
lOc
$1.25
15c
I2yac
15c
2ya%
(stock dividend)_______
Columbus & Southern Ohio Electric Co.*___
Commercial
National
Bank & Trust
Co.
(N.
Y.)
(quar.)___
y
Concord Gas Co. (New Hampshire)—
"
In the
grouped in two separate tables.
are
(quar.)—I2%c
25c
25c
prefen-ed
participating
Participating
50c
Columbia
DIVIDENDS
reporting member banks. Holdings of United States Gov¬
$17,000,000 in the Boston Dis¬
and
752
-
15c
•
ernment bonds decreased
trict
1155
30c
,,
(quar.)—,
Co. of N. Y. (quar.) _________
Co. (quar.)
^
....
Colonial Sand & Stone (quar.):
________
Collateral Loan Co. (quar.)—______—.—__
Columbia Baking Co., common
(Dan)
Cohen
851
preferred and second preferred stocks
Apr iu
Wheeling & Lake Erie Ry., 5%% preferred stock
May 1
Wichita Water Co., 7%
cumulative preferred stock——Apr .15^^
y'» Announcement in this issue.
JVoi. 165.
fiVol. 164. § Vol; 166;.
first
Y.)
Clinton Trust
12004
4%
money
—
——30c
(quar.)
A
Class
(quar.)....-
common
City Stores,
City Title Insurance Co. (N.
Cleveland Union Stock Yards
47i%
carrying United
-creased $40,000,000.
Holdings of Treasury bills increased in all districts,
the principal increases being $170,000,000 in New York
City and $68,000,000 in the Chicago District. Holdings of
Treasury certificates of indebtedness increased $74,000,000 in the San Francisco District and $56,000,000 at all
153
1043
& Power Co.—
bonds, due 1949,—-—
Anytime
Noma Electric Corp., 15-yr. conv. debentures, due 1960-Mar22
New
Cincinnati
*
mortgage 5s, series A, due 1965
York Gas & Electric Light, Heat
or
•-
'
Share
.
Chillicothe
J2142
due.1960—Apr- 1
due 1948—Apr l
bonds,
Ry., inc. mtge.
Denver & Salt Lake
General
'
,
Paper Co., 4%% pfd. (quar.) „
$1.12%
Gas & Electric
—,—*
.
35c
Cincinnati• Union Stock Yards (irreg.)..
15c
52410
Appalachian Power Co., 6% debentures, ser. A, due 2024_July 1
Butte Electric & Power Co., 1st mtge. 5s, due 1951—Any time
7 ^ 7
of Company
Name
Pag®
Date
Company and Issue—
y._.
(quar.)y____-_^__yX_ZZZZ_
&
Co. (increased):
Haiuas City Southern
Railway, 4% pfd.—_
2c
3-22
25c
"4- 1
■
62 %c
25c
$i
4-
1
5-
1
4-15
3-21
3-22
3-20
3-15
3-31
3-10
3-20
3-20
3-20
3-20
6-19
9-20
12-20
3-10
3-10
3-30
4-15
3-31
3-15
3-15
3-15
3-19
4-
9
4-12
3-16
3-19
3-19
4-16
3-31
•
167'Number 4683
Volume
THE-COMMERCIAL
Per
(quar.)_
power &
Company
Krllogg
S l'oS
• ^
~~ - -
Payable of Rec.
4-
1
4-
1
3-15
—
25c
4-
3
3-20
_—._
15c
4-30
_-_x—_
-
$1.25
Namr m
Name of
3-19
25c
(James^
-
(resumed)>
x
preferred (tfuar.)—x-
>.
(increased)..
rrondail Refining' Co.
5/„
Gold Mines (interim) ________
Monarch Co. (quar.
—
.Urreg.)—
X man Electric. Co.__x—x
La Salle Extension University
(quar.)__
preferred
G
4-
3-20
4-28
3-31
15c
3-31
3-22
3-26
3-19
15c
qi11-'c25o C?}',ert'ble
4-20
3-31
o
7VaC
4-10
4-
1
V2C
4-10
4-
1
50c
4-15
3-31
class A (quar.)
Class B (quar,)——
lawyers Trust Co. (N. Y. >-(quar.
$2
£ees (James) & Sons, 3.85%
Corporation
iphman
Shiga
pfd. (quar.)__
3-19
1
5-
1
9
3-29
4-12
1st preferred—x
$3
—__
3-29
$3
4-12
Leich
50c
4-12
Stores Corp., common (quar.Ui_—2_
preferred1' (quar. )_•__
,u^_xx_—
Louisiana Power & Light'
Lowell Electric Lights-
$1.75
$3 pfd. (quar.>_i
3-20
4-
55-
60C
1
2
3-30
4-
1
3-22
4-
1
3-22
,
4-15
3-31*
3-31
3-13
25c
4-
3-29
/
25c
v30c
-•
3-20
4-
20c
3-12
4-
1
3-12
:
4-
1
3-12'.
4-26
.
(increased quar.)
■A
1
1
Co.,
15c
'
15
r
44-
Texas
1
$1.75
31
1
3-15
Missouri
17'/2C
1
97VaC
1
15
3-25
(quar.i
Missouri Power
&
Mobile
Electric
Gas
&
Petroleum
Mohawk
Morris
Plan
Morris
(Pniiipi
Royal
A
3-30
Mills
U.
$12 Vac
4-30
4-15
U.
$8c
(quar.)
1—4^—
4-30
4-15
&
Specialties
Natibnal
Shirt
National
Tank
Co.
Britain
England
-f
Fire
4-15
4-15
(Del.), (quar.)4.——
20c
4-
4%%
N.
Y.
preferred
Chicago
'6%.
New
25c
4-30
25c
3-31
3-19
25C
3-31
3-19
York
Service,
(quar.)
A
__
Power
'
&
Light Corp.—
(quar.)
I
3-31
97 VaC
5-
1
4-15
$1.50
4-10
3-31
——-
(quar.)
75c
Leather
Co.,
Ohio
Service
;'$8
preferred
Hblding
non-cum.
90C
:'Y
(qttar.)
:
'
40c
1
1
3-19
4-30
4-15
15c
preferred
Perry-Fay
Pet
'
*
Milk
/•»
%
Co.
Philadelphia
(s-a)
Co.,
Extra
$3.60
preferred
Service
A
geda
Pump
Drug
C^ass
5
10c
3-31
of
4-15
&
■A4-
1
Co.
awrence
3-25
4-15
3-31
4-15
Flour
preferred
Ltd.,
-_*_
3-31
$2.50
Y_ix
Class
preferential
A
Glove
Acme
Adams
4-
5
3-22
Admiral
3-31
3-15
4-13
1
3-15
Aerovox
4-
1
3-19
6%
4-
1
4-
1
3-
1
4-15
4-
1
•"•
4-
1
4-15
3-30
8
3-18
4-10
3-29
4-
1
1
3-20
American
3-20
American
Metal
American
Meter
Casualty
Life
Aetna
Ltd.—•
5-
1
4-20
4-15
3-25
,
V 4-15
1
1
4-10
50C
4-
1
Extra
4-15
4-
4-15
4-
25c
—-
5%
•
1
>
Alabama
5
$6
7%
3-20
Aldens,
5-
1
3-31
41/4%
$$1,75
5-
1
3-31
50c
4-
1
3-22
$ 12 '/a c
4-
1
3-29
$40c
(quar.)
(quar.)
Louis National
;
3-15
3-
25c
4-15
4-
2
25c
4-15
4-
1
-
4-
3-22
common
10c
;
Insurance
Power
preferred
&
Light,
(accum.)
2-27
2-25
$1.12Vi
4-15
3-15
$1,816
7-
1
6-
1
50c
4-
1
3-
4
$1.50
4-
1
3-
4
American
3-31
3-19
5-20
5-11
1
4-20
V. 4- 1
3-15
4-
1
3-26
4-
1
.3-26
4-
1
*3-22
Service
Co.—
Preferred
(participating)
American Snuff Co., common
6%
preferred (quar.)
American
Stamping Co.
(irreg.)
American States Insurance (Indianapolis)
Quarterly
American
4-15
4-
1
4-
1
3-15
V
1
4-
Stores
(quar.)
3-23
5-1
4-
4-
1
Thermos Bottle
$2
4-
1
Woolen
Co.,
7%
4-
;3-25
1
pfd.
1
3-25
(quar.)
Products
1
4- 9
3-10
Edison
Co.,
10c
(quar.)
Co.
(Watertown,
Allied
Stores
,.
3-31
s-lt
6- 1
4-30
8%c
A
3-17
4-24
4-14
50c
3-31
3-10
$25c
3-31
3-
8
$5c
3-31
3-
8
.<
—
H.)
Hardware Co.,
(quar.)
Ltd.—
$ 15c
4%
preferred
Imperial
Series
A
(quar,)__.
(quar.)_________
Engine Co.—
(quar.)
B
Diesel
preferred
Atlas
Steels,
Ltd.
Fabric
Products
4-1
60c
partic.
Autocar
3-20
3-20
Automobile
4- 1
4- 1
3-15
3-15
Avery
$2.50
$2.50
4- 1
10-1
4- 1
4-1
$}-50
$1-75
(quar.)
37^c
$1.06 A
f°c
—
.
2 £c
4- 1
4- 1
J" }
4-1
3-31
J
25c
4-1
|0c
4- 1
4 1
4«c
"5c
4 20
3-15
9-15
3-12
8
Quarterly
Avondale
3-20
3-20
3:}J
1
4-
5
5-
1
4-
5
56V4O
4-
1
3-15
4-
1
3-15
4-
1
3-15
Del
Co.
(Hartford)
3-25
3-
8
3-15
3-
1
—
4-1
3-5
37 VaC
4-
1
3-18
50c
4-
1
3-15
8c
pfd.
(quar.)___
4-
pfd. (quar.)_
Mills______
Babbitt
(B.
Babcock
&
Wilcox
Co.
common
6%
™
preferred
6%
(quar.)
3 5
6%
pieferred
preferred
(increased
(quar.)
3 15
_______
preferred
Baltimore Brick
quar.)___
3-13
9
4-
1
3-10
4-
1
3-12
3-25
3-10
37
3-25
$1.50
—_____
—
(quar.)
4-15
$1.50
7-15
6-30
$1.50
(quar.)
Co., 5%
3-22
4-
$1
(quar.)
3-22
3-30
30o
Ayshlre
—
3-30
25C
Mfg. Co. (quar,) _____
Collieries Corp.
(quar.)
3-15
3-30
20c
com.,^
1
9c
20c
Inc.
*
—
Inc.
4-15
30c
—
250
& Sons 6%
Fund,
1
25c
of
;
Co.,
3-16
$40c
Alarm
T.),
3 31
$15c
6%
A 10
—_
5-
5-
3-11
3^12
6
$10c
A
B
Baldwin
3-20
5-
3-23
$25c
Products, Inc., 4%
Axe-Houghton
Axelson
2
Co., Ltd.—
(quar.)_
Insurance
(B. F.)
Allied
Class
6-
$1
(reduced)
Fire
4- 1
4- 3
$1.05
$3
——
—
3-31
4-15
3-10
;
class
Co.
Automatic
Avon
30c
1
933Ac
(quar.)
Participating
dlass B (quar.)
50c
50c
(s-a)
-
3-15
Y
$1.50
convertible preferred A
3.75%
Atlas
50c
.
4-
Refining Co.—
25c
(quar.)______———
(quar.)
3-27
15c
Atlantic
75c
(quar.)—
Corp.
12 Vic
3-15
Y.) —
<quar.)__
Allegheny-Ludlum Steel __—
Electric Equipment (quar.
Allied Laboratories, Inc. (quar.)
Allied Paper Mills
Allied
Products Corp
(quar.)
3-17
—
Associates Investment Co, (increased quar.)
Atchison Topeka & Santa Fe Ry
Atlantic City Electric
(quar.)_
x
J13c
(quar.)—
RR., com.
3-17
3-17
1
(quar.)
•Auto
Mfg. 6%
preferred
Ltd.
_
——
common
(J.
.
N.
1
1
—
Ashdown
3-5
3-15
4-
Construction
Corp.,
1
4-
3-10
3-5
3-15
4-
3-15
4-1
3-15
1
25c
4- 1
3-30
3-31
4-1
1
3-31
59 %o
(quar.)
4- 1
Sl-25
Ltd.
Constable
Extra
3-18
44-
•_
,
preferred
Corp
Metal
3-15
$1.75
$1.60
—
(quar.)
convertible
Arnold
3-15
3-15
25c
B
43/i%
Art
4-10
.
8-15
3-10
4- 1
3-30
3-10
I; 4- 1
3-25
15c
4-30
4-14
Equipment Corp.
50c
3-15
4-
Aro
37'/ac
62'/aC
(quar.)___
1
30o
t25c
(quar.)
4-
$1.50
3-10
40c
Corp.
4-30
$1.25
&
4-1
3-15
1
20c
125c
20c
15c
«-
(quar.)
Co., common (quar.)
preferred (quar.)
Armstrong Rubber class A (quar.)__.
3-1
1
prior
$6
Class
preferred (quar.)__
Vicksburg Ry (s-a)_i—
Inc..
Armour
6-
t$l.i2'/a
$5
Arkansas Western Gas
1
$16c
preferred (quar.)
Arkansas Natural Gas Corp,, 6% pfd. (quar.)
Arkansas Power & Light, $7 pfd.
(quar.)._
$6
preferred .(quar.)
Ltd.—
—
3-22
1
3-31
Asbestos
(quar.)
3- 8
4-
5-
_
(interim)
6-25
$56 V*
Holders
1
3
3-30
3-
Arizona
3-
6-25
7-
75c
3-25
3-19
1
7- 3
1*
8
1,
4-
4-15
3-22
4-
4-1
1
4-
$1.75
t37'/aC
$62VaC
4-
5-
J5C
4 '/a %
preferred (quar.)
Applied Arts Corp.__
Argus Corp., Ltd., common (quar.)___
4'/a% convertible preference (quar.,)
Payable of Rec.
3-10
12 VaC
3-27
When
1
Anchor Post
(quar.)
Anglo-Canadian Oil, Ltd
Anglo-Canadian Telephone Co.—
3-19
week, these being given in the
4-
4-15
$1
4-24
3-22
3-19
$4 preferred
1
3-31
1
75c
1
3-22
3-15
4-
$2.25
4-30
3-31
4-15
"
4-
15c
5*
$1.75
(quar.)
75c
4-
3-
$1.50
(quar.)
<quar.)____
Copper Mining Co._
Anchor Hocking Glass Corp.—
•„
3-26.
2
53 VBC
Anaconda
<
4-
prior preferred
5
4-
$2.25
(quar.)__
Amoskeag Co., common (s-a)
$4.50 preferred (s-a)
.
„
3-22
3-
Smelting Co.—
3-15
.
^ x-
30c
3-15
1
Co.—
3-16
3-20
3-31
30c
$5
4-20
1
50c
—
1
3-30
$1.75
preferred
American Zinc, Lead Si
—
4-
4-
$1.25
Sugar Refining Co.—
7%
preferred (quar.)
American Telephone &
Telegraph
American
50c
3-17
35c
___________________
3-31»
Per
30c
;
$2
Co.
3-25
■
3-31
American
' :
15c
—
Steamship
American
3-25
(quar.)_
4-
5
3-10
3-19
75c
3-10
1
1
quar.)
3-15
1
3-31
3-31
56V»c
1
3-25
4'/a %
$1.12'/a
5-
4-
50C
1
;
5-15
4-
20c
4-
r
3-19
$1.50
4-
(quar,)___
6-22
4-15
$1.25
_
Rolling Mill Co., common
convertible preferred (quar.)
4-15
25c
7- 2
Amer. Radiator & Standard Sanitary
Corp.__
20c
--
5
8
50c
(accum.)
(quar.)_
American Tobacco, 6% preferred
(s-a)
3-
Co.—
25c
$5 pfd.
4V» %
A
1
IOC
Fire
American
Allen
5
41V4C
3-30
3-15
pfd. (quar.)——
preferred (quar.)„___——
3-30
20c
3-16
4-15
10c
1
\
3-31
4-
4-15
Power, ,4.20%
Albemarle Paper
9
Co.,
National
5-
5-
3-13*
4-15
3-31
1
—
&
1
$1
5-
(quar.)
preferred (s-a)—
preferred" (s-a)
Alabama
4-
25c
25c
Co
Corp.
3-13*
$1.75
50c
17'/ac
(initial
Akron Canton & Youngstown
3-20
50c
Mfg.
4-15
1
American
,
Engineering—
Co.
1
4-
Co.__.
(quftiU
(quar.)
Surety
1
5-
35c
(quar.)
American
4-
4-15
of
American News Co. (bi-monthly)
American Optical Co.____.
4-15 v. 4-
3-13
—
3-19
,
1
5-
4-15
1
4-
De¬
Common
American
12'/2c
Insurance
preferred
Ainsworth
3-26
4-16
of
common.,
Manufacturing
American Molasses
3-23
3-23
.
(quar.)____:._
pfd.
preferred
&
Standard
5%
3-31
share
Co
4-15
1
but
rate
97 ViC
Products
4-15
$1.50
Ahlberg Bearing Co. class A
3-15
the
Foundry
1
4-15
1
3
3- 1
Y
Frac¬
at
(quar.)
1
50c
Corp. com._
Agricultural Ins.
Quarterly
3-15
4-
&
31V4C
___
1
3-12
4-
Machine
preferred
4-
1 ).
capital
issued,
(quar.)
5-
35c
Corp.
convertible
5%
3-20
5-15
Mfg. Co.
Aetna
■.<
Ltd.
Works,
(J. D.)
Aetna
3-15
preferred
American
15c
Addressograph-Multigraph
4-
7 VaC
——
7%
4-
4-_l
3-16
37 VaC
preferred (quar.)
Locomotive Co.,
4-
$1.50
(quar.)
partic
4-15
8 %c
—
__
6%
Co.
held.
be
distributed
4-
$1.25
Refineries,
Sugar
4-15
50C
——__
Inc- 5l/2% Pfd. (quar.)
«s»u
& Company
Schuster (Ed) & Co.
(quar.)—
1
5-
$2
(quar.)
1
25C
Rn^er4'?r^hcrs^
10c
1
shares
not
American
Co.—
1_
preferred
prior
Acadia-Atlantic
Pittsburgh—
Stockyards————
Co., Ltd.'.(quar.)
——_x
4-13
Share
1
$40C
——
com.
5-
be
Edison
75
will
for each
l/75th
Edison stock.
troit
3-10
Detroit
each
shares
27 5/6c
■,
3-12
$1.50
(quar.)—
5-
20c
——
Mills,
3-15
3-31
of
for
will
50c
Company
5-
50c
—
-
3-12
'
(quar.)__
class
A
Agnew-Surpass Shoe Stores,
(quar.)
3-19
26c
Abltibi Power & Paper Co,"Ltd.—
$1.50 preferred (quar.)
——
1
4-15
30c
(quar.)_——
Fund, Inc.—
-
Extra
■
Corp.—
of
3-19
f$1.75
■■■
20c
(quar.)-———
Co.
1
Class
Laboratories
Abbott
■
1
75C
Button
^hs.sdl Berg
angamo
••■Y'xi-x
IOC
common
4-
$1.25
Y_'l—_—_______
this
announced
$1
—_—
Co.—
Co.,
cash
62V2C
com.
Corp.
15c
—_
a
3-24
we
Name of
Jersey—
preferred
(quar.)__
"
$1.50
-
2nd
1
•
3-31
25c
;
;x___i__'_
com.
50c
—
——:
4-
20c
Light,
..■,
XX--'
37 VaC
-
—
-
So„
5-
'
35C
Electric Steel Co
uoinstein (Helena) (see Helena Rubinstein)
,r
4-26
(s-a)_
(quar.)
tional
50fc
(quar.)____„
8%
10c
Racing Association, Inc._
"hmelander. Paper Co. (quar.)
•
4-10
.
share
stock
30c
(quar.)
pfd.
Car
4
—
-
Below
dends
%
3-18
4-10
•lie
Quarterly
notary
4-23
(quar.)
Light & Traction
(stock dividend)
3-24
75c
(quah)'
Steel
3-19
(s-a)_
25c
preferred
3-19
of Illinois—
$1.75
•
Co.
'
3-
1
1
25c
preferred
3-18
40c
Corp. (irreg.)
(Newark, N. J.)
Common
1
give the dividends announced in previous
weeks and not yet paid. The list does not include divi-
3-24
;
•
3-31
lie
—-
Power
(quar.)—
liance'Life Insufaftce
pochestei
i
i
5%
1
preceding table.
-
New
>
American
,
4-
87'/ac
com,
Corp.
new
1
44-
IOC
3.90%
(quar.)
3-19
1
5-
87 Vac
Iron_—
.(quar.)
Co.
(quar.)
4-40
17'/ac
Securities
$1
(annual!
eading Co.N 4%
Iteed
1
5-
:
Coal &
Corp
4-10
1
(quar.)_;.____
90c
(monthly)
Telephone
Class
4-
75c
;
(quar.)
Corp.
preferred
Quebec
Y 37 V2C
■
; 15c
(quar.)
3-16
1
5-
(reduced)
(acoum.)
Co.
4-
25c
$1.50
$1.75
American Investment Co.
Y.)
Zeigler Coal & Coke Co.__
3-24
$1.50
common
Pollock's, Inc. (quar.)__.
Ponemah Mills
Pottm
Co. ' (irreg.)
rentice-Wabers Products
6%
1
-—
Co.
1
5-
•
Candle,
S.)
Youngstown
4-20
4-
_cx———
du,/'J Prtferred (quar.)
Philadelphia & Reading
p ctorial Paper Package
PjIot, Full Fashion Mills
piainfield Union' Water
nibiic
5-1
(increased)
Ltd.,
(J.
7%
•3-10
25c
&
A
Baumer
Cab
:
4-15;
■
1
15c
(final)——-,
Insurance
N.
.
.
(final)
common
&
Yellow
4-15 V
5-1
>" •4-
2'/ac
"Y-'
—
preferred
National
tnilip Morris
'
/
-x_—x——
(quar.)
2nd" preferred
3-24
1
25c
$4.25
preferred
5-
$1.25
—
Co.,
Philadelphia- Co.,
6%
A
v
50c
.
2-11
4-
com.____
pfd.
B
pfd.
Electric Go: 6%
Young
—x—
Tilford, Inc.1 (quar.)
—
Pennsylvania Fot'ge Corp.—x—x—
Pennsylvania Salt Mfg. Co.—.—
:
•
3 V2 %
3-24
3-31
—
&
2-28
J
„
preferred .'(quar.)
-
3-31
3-31
$1.50
$1.12 Va;.
6%
Insurance
15c
Willys-Overland Motors, Inc.—
$4.50 conv. pfd. series A (quar.)__^_____.
Winn & Lovett Grocery Co.—
Y
;
'4Va '/<■ preferred A (quar.)__—__——___
Woodmont Corp., $3 preferred (accum.) ____
3-31
«
$1.18%
Extra
22'/2c
.
.
preferred : (quar.i
Pklace. Corp, V,
Pan American Petroleum <Si
Transport, Co.—
Park
Wico
3-10;
4-
^4Va %
B
Insulator
American
4-
•
pfd. A
pfd.
3-15
2-28
3-31
Initial
6% - preferred (quar.>;?Yi
Y Western Massachusetts Cos/
,
20c
common
American
3-8
$1
Y
3-21
4-
Y
r
Mfg. Dorp,,
3-31
3-22
55c
_
Semi-annual
1
•
1
25c
$1.25
Fbxrtidry Co.," com.. (quar.)x__
$6 preferred
(quar.)___
Pacific Finance
Corp. of California (Del.) —
■V: 5% ■
preferred %quar
Pantex
4-15
4-1
4-
class
1
3-15
4-15
4-15
3-29
3-8
4-
10c-
Extra
$2.50
4-
30c
20c
5
3-15
(irreg.)
Commonwealth
3-19
$1.50
(quar.)
Products (monthly)
3-15
933Ac
(quar.)
(quar.)v
>
1
3-16
53Vscr
Co.
Western'Insurance
Will
;
—
pfd.
4-
$1.12%
10c
Western
<
.(quar.)
—
^__x——_i v
Electric. Co., cpmmon—
Oklahoma Gas &
'
4%,-. preferred ^
Pacific Car &
3-22
prior
4
3-18
$1.50
(quar.)
Home
$1.75
&
4
3-
3-15*
preferred
25c
Power
3-
1
1
B
pfd.
1
4-
$1.75
3-31
4-
'
preferred
Oilgear Company
4%
Kootenay
7%
3-25
V$1;?5'/y
(quar.i —_:TCix
Corp—,>■;'Y'V/v
1
4-1
Co.
4-
25C
87 Vfec
10c
$1.75
(accum.)
7% preferred (quar.)
West. Michigan Steel Foundry
3.-25
4-
25c
common--—
-.
convertible
4-1 '.'V
7*c
..———
«
3-16
American
4-
$5
1
4-9
4-30
Mills
Co.
4-
5-1
20c
A
Knitting
Weeden
West
Northern States Porier Co. (Minn.)—
$3.60 preferred^ ^jquarJx—
————VL
$5
Wayne
class
$1.12 Va
(irreg.)
7%
One
Mining
80c
class
3-16
3-12
(quar.)______
pfd.
Co. 5%
Co.
3-19
1
1
25c
Veneer
Non-cum.
v; 3-22
4-i5
,
Transit
Bros.
3-31
4-
3-31
$1.50
;
B
3-15
25C
30c
4-
(quar.)______
pfd.
Washington Title Insurance
'y
Class B
Ohio
4-
Co
25c
(quar.)__
class
3-31
American Hardware
$1.12 Va
(quar.)
Co.
Weatherhead
—
Indiana
&
3-23
Y
3-15
com
preferred
Warren
,
preferred
Northern
..
7%
1
4-21
(quar.)_______^w_
Sugar Co. of Cuba—
(less 5.8% Cuban dividend tax)
Co.
3-18*
4-
3-27
Canaguey
Tool
1
1
$2
(quar.)
pfd.
3-15
4-
1
Co.______*__:___xx--__-_
B.)
non-cum.
Walker
3-22
$1.50
Telephone ;:Co, (Ohio)—
>
(quar.)
2.—li——- '
North American
Rayon, class A———
6%
(J.
3-31
1
Y;
Corp.
8*
4-
$1.75
pfd.
(quar.)
preferred
3-
5-
Stockyards Corp.—
conv.
8*
1
4-
$1.12»/2
(quar.)
(Brooklyn,
6%
3-
4-
15c
pfd.
Publishers
Corp.
preferred
Quarterly
1;
■
—
Newark
&
1
62'/ac
(quar.)
A
Smelting Refining &
Vlchek
3-15
4-
$1.18%
_
RR.—•
1
4-1
56'/4C-
(accum.).——x_
preferred
1
Body
American Hair & Felt Co., common
$6 2nd preferred (quar.)
American Hard Rubber, common
Co.^—
class
Bank
&
$1
Washington
(quar.)
com.
3-31
40c
Oil
Radiator
Vertientes
(Mass.)—-
—
Tool
Pictures
4-15
St.. Louis
&
preferred
3.90%
■
Public
4-7
4-7
3-19
4-
$1.50
Fork &
Hoe, common
preferred (quar.)
American Gas & Electric—
4%% preferred (quar.)
4-7
$1.50
S.
5%
3-31
;Y
5-1
3-12
4-15
'
4Vfe%
4-10
(quar.)
class A_____________—____
&
'.
American
3-18
5-1
(quar.)____
Conditioning $7
Van Sciver
3-23*
Co.
American
4-10
*5-1
(quar.)___
pfd.
Camera
3-31
Insurance
4-10
1
3-31
15c
pfd.
7%
S.
70c
3-15
3-31
15c
,
5-1
3-17
$1.75
Cyanamid Co., common (quar.)__
preferred A (quar.)
Dairies, Inc., 7% pfd. (quar.)_
Express Co. (quar.)
Felt Co., 6%
preferred (quar,)_„
American
5-
$75c
pfd.
Universal
4-30
20c
12c
Orleans
5-14
5-15
$1.75
Quarterly'
New
1
6-
$2
Paper, (quar.)-.;———
Machine
(reduced quar.),—xx
New
3-31
5-15
f43V.«c
$6
Universal
50c
Nekoosa-Edwards
New
4-15
$1.25
:
5-29
131'/4C
(quar.)_:____
Air
7%
Co.—
(quar.)
(quar.)
7%'
Printers
S.
'
3-25
1
40c
conv.
J15c
(quar.)
Industrial
United
__x__jx___ _xxx—
(quak)
Shops
U.
Telegraph—
Co.,' common (irreg.),.xxY_
$7
preferred .;iquar.)'
_xYV ■
National Bond &
-Share___,Ua____x_x___xx_x';'
Gas
3-24
•'•:
3Vi%
10c
B
United
4-1
4-12
Coach
American
$ 10c
______
(quar.)
4'/a%
Associated
Drill
United
..
50c
Casket
Fuel
8
%,
.(quar,)^^i^i»^-—
'National
3-
3-22
60c
.
Mills
3-20
3-31
1
4-
25c
,
American Crystal Sugar com.____
4'/a % prior preferred (quar.)
B
Class
$1.75
Telephone
Motor
15
3-22
American
preferred
United
3-15
,
American
3-31
Ltd
Co.
American Cigaiette & Cigar Co.—
6%
preferred (quar.)__l_.
4-
4-1
4-
3-29
20C
4-15
75c
1
3-25
75c
6c
4-15
Acid
3-16*
(quar.)
1
1
5-
1
4-15
25c
5%
Co.,
"
1
4-
75c
Increased
3-22
6-
12 VaC
(Del.)_*
Co., 7% preferred (quar.)___
Casualty Co. (Reading Pa.) —
5-
Quarterly
4
—————x_
mass
'National
1
^
Irregular
$2
1
25c ■'
-
—
States
Muskegc.n
20c
—i—
(quar.)
—
Mountain
:
(quar.)
Corp.i
Rice
Extra
.
(quar.)_
&
Co. 4>A%
pfd.
(quar.)
Tremont Building Trust Co.
(irreg.)
Troplc-Aire 6% preferred (accum.)
Union
Manufacturing Co.
L
Philip Morris
see
Products
Mount
pfd.
Corp.—.:
Investors
preferred
7%
$3.90
Service___—______
Caieteriasl Consolidated—■
Morrison
Motor
Light,
"4-1
4*
3-10
20c
Can
$1.5d
Trailmobile
,
1
'
3
1
Corp.—
$2.50
Light
Company,
Class
3-15
$1
$3.75
3-19
Edison..;Co.
3-22
Co
Service
&
Water
Todd
3-10
$1.25
4-
A
4-
75c
Credit
$1.20
(quar.)'
(quar.)____
preferred
Tide
3-10
prior "preferred
(quar.),_*_x__%\
Minnesota Power & Light, 5% pfd. (quar.)
17%
American
10c
preferred A
Flour
Power
6%
1
15
31
$1
25C
American
3-15
,
Turbine
Texas-Electric
4-15
(quar.)---
common.,
Class
4-1
$1.75,
______—
Tex^OvKan
3-24
1
Steam
Common
3-24
30c
(qua:^l
preferred
Falls
$1.50
3-31
4-15
4-10
3-31
20c
(quar.)
Business
4-15
60c
Propane Gas,
preferred
$1.75
(quar.)
International
Terry
3-31
Ice- &
Midland Bakeries Co., com.
'
Swift
■
$1.10
B
preferred (quar,)
Sugar Co. (quar.)
Agricultural Chemical Co.
$1.62V2
(quar.)
Co.
Phosphate
.
$25c
convertible
6%
4_15
Co._„
Wholesale
Sun Oil Co., 4Va%
34c
Gold Storage—
; ;*
Y. 6%'. preferred (accum. )__—.——•*
Michigan Gas & EleClric, common—
4.40% preferred (quar.W
•_—
American
37i/jC
6%.„preferred (quar.)_
Screw
Suburban
75c
■;i
Massachusetts, InvP'tors Tru
3_3i
6%
1
93 %C
American Alliance Insurance
(quar.)_
American Bank Note Co., common
Strawbxidge & Clothier__L_:
3-20
'3-31
3-19
30c
3-31
Sterling. EleCtiic MotOrs__'___'
Stop & Shop, Inc. (quar.)__x_w_
3-10
1
4-15
50c
.
3-19
4-10
25c
Manufacturing Co
Co. of Canada, common
7%
participating preferred
Participating
3-31"
4-15
i$3
2
3-31
common
Steel
50c
—
5c
Stearns
$1.50
__
Merchants
Class
•
American
(quar.)
Works, Inc., common (quar.)_
Stanley Brock,; Ltd., class A (quar.)
3-22
12 '/2C
3-23
preferred
Standard
4-12
3-31
1
L
(quar.).___
Indiana Gas & Electric
Standard
4-20
1
343/8C
—
Inc.?
.Y___x'
preferred, (quar,)__—
MacAndrtws & Forbes, common.-—
6%. preferred
iquar.)
^-4—^—
Manitoba;Sugar, Ltd., 6% pfd. (accum.)
Manning, Maxwell- & tVtoore_
Mansfield Tire & Rubber, common (quar.)—
6% preferred (qua iK.)—x-—x—. Marchant Calculating Machine Cm (quar.
Marine Midland Trust. Co. <N. Y.) (quar.)__
Martel Mills -Corp) common, (irreg.)^_—
6'fr preferred (quar.)—-.1
51/2%
4%
1
4-15
$1.50
Lucky Stores, >
Millers
4-
37V2C
$1.12 V*
Co.,
4-15
4-
20c
(quar.)
Southern New
England Telephone
Spokane International RR
Standard Paper Mfg.,
*
J
4-15
tlVac
preferred
Southern
3-29
Lerner
1
$7
3-29-
2nd preferred_-x____xx___i!
(Chas.) & Co.i 7%. pfd. (quar.
non-cum.
3-23
3-23
5-25
Holders
Payable of Rec.
40c
Amalgamated
(irreg.)
7% pfd.
Franklin Process,
4.8%
convertible preierred-._____;
non-cum
a'A
■:'50c
Southern
southern Ice
4-15
4-
30c
1
4-1
37»/aC
qa?.A prel®rFeid A (Quar-)
Southern California
Water
3-31
4-
96 y4c-
:x_——
—
4-15
25c
%
4-
When
Share
Mfg.
31'Ac
•
—
implex Paper Corp.
(increased)
Southern California Gas
Co.
6%
preferred
(quar.)
"
50c
—■_„■•
3.24
•
Preferred (quar.)
Brewmg & Malting Co.
^
i
s
Valley Coal Corp.-^
non-cum
$3
o
Company
Co., common (quar.)__
Aluminum Co. of America, $3.75
pfd. (quar.)
Aluminum Co. of Canada, Ltd.—
4%
preferred (quar.)
i
Aluminum Goods Mfg. (irreg.)
Amalgamated Leather Cos.; Inc., common__
a-24
f30c
'
Sheraton Corp. of America—
United Bakeries, Inc.—
nno-eivdorf
x
4-1
5c
& Power <quar.)__
Gold Mlnes> Ltd. (interim)___
2
t
4_
15c
?hlWrtinigan, Water
50c
Corp
Per
Name of
*
1
t2c
Kerr-Addison"
KnaPP
Knott
50c
$1 2<y
III"
(quar.)___
6
4-
Holders
Payable of Reo.
Allis-Chalmers
(quar.)
Associates
WAen
share
,
Louis
_____
Shawmut
4-
4-30
40c
CHRONICLlE '
Per
Company
Securities Investment Co.
of St.
Common (quar,),
switchboard & Supply Co.—
Common
&" FINANCIAL
Holders
$1.12V'a
(James.B.)
Kearney
Vfr
Share
of Company
Light, 4»/a% pfd.
Corp. (irreg.
Name
j
t,'nrt,ftS
When
10-15
9-30
1-15-49
<12-31
3-27
3-10
$1.50
1st pfd.
(accum.)__
$2.50
3-31
»r
Monday, March 22, 1943
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
(1298)
4fi
Per
of Company
Name
7%
7%
convertible preferred (quar.)
Bangor & Aroostook RR.—
$5 convertible preferred (quar.)—
Bungor Hydro-Electric Co, common (quar.)_
7% preferred (quar.)
4%
preferred (quar.)
—
7%
Bank
Manhattan
of
Co.
Barber
Asphalt
Corp,
Barker
Brothers
Corp.
(Ludwig)
4%
Lomb Optical,
&
3-17
3-22
:
56y»c
4-
1
3-22
4-
1
3-10
Poods Co.,
preferred
3%%
common—_—••
<
Best
Steel
Bibb
Co.
Mfg.
Corp.,
Einks Mfg.
Co.
&
Son,
4.20%
3-
5
3-26
1
4-1
2-29
1
3-15
3-15
3-31
3-15
1
4-16
50c
5-
50c,.
50c
4-
3-20
1
4-23
4-
3-15
1
3-20
3-12
Carnation
25c
4-15
3-31
5c
4-15
3-31
25c
3-31
3-19
(Geo. W.) Corp. "(quar.)20c
Bo'rg-Warner Corp. com
—i.—.
75c
3V2 % preferred (quar.)————
87y2c
Boston & Albany RR._—
;
"* $2
Boston Storage Warehouse
(quar.).
"
$1.25
4-16
2
1
17
(quar.).'—
Mills, class A (quar.)
—.
25c
preferred (quar.)
* ZIVaC
& Sons (quar.)—
; v
75c
B^antford Cordage Co., Ltd. com. (quar.)...
tl2yac
$1.30 1st preferred (quar.)—'
—__
f32Vac
Brazilian Traction Light & Power Co., Ltd.—
'■
Carriers
2-28
Case
3-22
3-16
1
6
3-
4-15
3-20
4-15
3-20
-
$$1.50
6%
3-12
1<
4-20
Central Illinois Electric
3-31
3-16
Central
3-31
3-12
3-31
3-19
4.1%
.
:
30c
—
'
$2 preferred A (quar.)
Bristol-Myers Co., 3%//*
' 50c
93%c
—
preferred
British-American Assurance Co.
(quar.).
$$1.75
$25c
(s-ai
Bank Note, Ltd. (quar.),.
Oil Co., Ltd.—
(quar.)
——
—
3%%
preference
(quar.)
British-American Tobacco Co., Ltd.-—
*'
.American deposit receipts ord. (interim)—
American deposit receipts ord.
(final)
American dep. receipts ord. reg. (interim)
American deposit receipts ord. reg. (final)
»American
deposit receipts for 5%- pfd.
British-American
1
3-15
4-1
3-15
4-15
4-
4-
4-
Is
Is
Is
Is
„
:
.
3-15
2-23
3-
4
a2Va %
a2Va%
registered (s-a) ^
;
5% preferred registered (s-a)_—
British Columbia Electric, Ltd.—
* v.
*
4%
preferred (quar.)
British Columbia Power, Ltd. class A (quar.)
Broad Street Investing
I
Bronx County Trust Co. (s-a)—
*—i—Brown Durrell Co., common (quar.)
5 c/o
preferred (quar.)
——
$$1"
$40c
1
4-
3-
4
Central
«
(quar.)
Commoir
Extra
•
/
L.)
Co.
preferred
(quar.)
preferred
Company
2-26
4-
2-26
4-
2-26
Chadbourn
—
•
4y2%
3-31
50c
15c
Chain
3-19
4-15
1
4 Va
Store
%
•
3-15
of
A
1
4-
1
.4-
1
3-15
4-
1
3-15
Chase
4-30
4-15
3-31
3-12
3-31
3-12
3-31
3-12
$1.25
35c
$1.75
; 10c
(quar.)
—
3-15
.
—
Canada
8%
Ltd., com.
preferred (s-a)—
Foundries,
non-cum.
Canada
\
Iron
Northern
Power
(quar.)—
Ltd.—
$1.50 participating class A (s-a)
Canada
>■
-
Class
'
$30c
$15c
1
3-20
1
3-16
4-
1
3-16
(s-a)
3-16,
4-
3-19
1
3-12
1
3-16*
3-30
3-15
Co.
1
1
3-19
1
4-
4
1
3-19
3-19
•
40c
$75c
4-
1'
4-
1
3-19
3-10
4-16
3-
4-15
3-12
1
3-15
3-21
3-10
3
5-15
4-30
5-15
4-30
4-
1
3-10
4-
1
for
Co.
Continental
Can
3-16
Continental
Oil
i
3-20
Continental-United
4-1
50C
3-20
1
3-20
,4-
,
3-15 ~
3-31
•
,
8-19
4-1
$1.02%:
3-12k
44 1"
3-19
1
4-
•
4-
Christiana
i ■;
3-10
"3-19
4-
3-19
6%
12VaC
2%
:
/'
6-146-14
.
4-9
6-
4
Crown
3-22
J- li
4
'
Crucible
5-
1
4-15
4-
1
3-
4-1
4-1
50c
3-31
3-20
25c
4-
3-20
25c
4— 1
Cinzano.
Circle
Bar
Cities
Service
3-26
3-16
City
1
3-16
Citizens
5
City
5
Clary
4-
1
3-15*
4-
1
3-15*
3-31
4-15
3-31
4-26
1
3-
1
4-
1
3-
1
3-20
3-29
3-
1
—
3-
8
3-
8
4-
8
75c
3-29
f5c
Paul
A
pfd.
Tool,
Pacific
&
1
;
4-30
(irreg.)
;•
:
4-15
3-
'
3-30
4-15
1
3-18
75c
4-
7%
1
3-25
3-10
1
3-20
$1
4-
1
3-15
Co.—
:
$2
8-
1
6-
1
5-15
Water
of
Fuel
Multiplier
(Washington,
(quar.)
Co.
5%%
convertible
Cleveland
Pa.)
3-16
3-31
"
3-15
4-15
t50c
$1.37 %
1
3-25
3-30
3-15
4-
3-23
1
—
4-
(quar.),-.
3-11
3-31
3-10
7 y2c
3-31
3-15
6%c
4-
1
3-15
50c
.
1
62»/aC
Supply Co. (quar.),—
Co-operative Stove (quar.),,—,,,
4-
1
3-20
Clinton
Electric Illuminating
Molybdenum
Industries
Co.
(quar.),,
7% pfd.
4-
2
4-
1
3-15
3-31
3-15
3-15
30c
20c
(quar.)
4- 1
3-18
(quar,).,
$1.75
4-
1
4-15
3-16
4-
1
$1.75
$1.73
.,
-
.
50c
$1.25
$1.25;
preferred
I
-
.4%
Uejay
^
_
4-20
4- 5
4-1
3- 5
25c
3- 5
3-25
3-13
4-
1
3-19
4-
1 '
3-19
6-23
6-30
3-27
3-20
1
3-20
4-
1
3-19
4-
3-31
345;
3-31
3-15
3-31
^
10c
4-23
25c
3-31
.
Iron
25c
RR. Co.,
&
Light
6
6
1345
3-31
ih 3-18
25c
~
5c
_
4-
4-
5
3-15
1
3-11
$1
3-31
3-10
3-15
3-19
™~r""
~
j5C
0'.<
(quar.)
Corp.
1
10c-
4-
1
4-
1
12y2c
3-25
3-31
3-20
.-3-20
3-15
3-10
,
non-cum.
preferred
(quar.)
non-cum.
preferred
5 7o
non-cum.
(quar.)
(quar.)
class A
1
4-
12yac
25c
(quar.)—
Stove Co.—
4-
50c
(quarj__—..
common
preferred
3-10
3-31
~
ble preferred (quar.)
DPt?nn Aluminum &
/ (Kansas)
drreg.)
uetroit li
Corp
3-15
4-
4-
92y2c
'.
Brass
8
3-10
Co.—
Eye Co.
(quar.)
44
f: 3-16
$1
(quar.)
(quar.)
Deni°Qec. & «RaynoldsClass
B
3-29
345
.
87y2c
(s-a)
common
—
25c
Oil
1
4-
_"I
(quar.)
Stores
Deep Rock
11- 5
11-15
$75c
Inc
Corp.
Denman Tire &
Rubber,
,0
4- 2
L25c
(quar.),,——
Tii
5
4- 2
4-15
4-15
50c
25c
'
preferred
Detroit-Michigan
6-18
50c
(year-end) ui
Inc.
&
3-17
1
$25c
(initial)
Brothers,
Long Hook
1
7-
15c
-•
preferred
4-
5- 5
$1.12%,
5'.
quar.)
Mills
Power
3-17
3-31
$1:
Resumed
3.70%
9-17
1
75c
'
!
Hosiery
Frere, Ltd, class A
Delaware
9-30
10c
(initial
Records,
6-1$
7- 1
4-
25c
;
—
,_"II
;
(quar.),
Malleable
3-20
.5-15
common..—25c
Chemical
3-17
■
3-22
10%
5%
Co.—
(monthly)
Clinton Water Works,
25c
$1.12 y2
Cleveland
3-11
(quar.),,
""
Decker Mfg. Co.
(quar.),
Delaware Lackawanna &
Western RR.—
De
$1.75
(quar.),,_
Builders
preferred
8-14-
4-
2%%
j'„
common
4- 1
__
(quar.)
Corp,
H- 1
50c
—
3-30
10c >
(quar.)
Co.—
(quar.)
Mills,
D^0npreferred
& .MichiSan
8%
Decca
3-17
3-31
..
Stores.
7-20
$1.25
;
SV'a'A preferred
Drug
preferred
Davison
3-17
3-31
3-15
(irreg.),50c
:
$1.75
common
Darlington Manufacturing
Davega Stores Corp, common
Davidson
3-13
3-31
3-31
(s-a)
Dayton
$1.25
(quar.)
dividend'
.Class B
3-10*
,4-15
1
30c
v
dividend)
Cash
&
1
4-
j.,
Extra
4-
.
(s-a)
David
$1.75 /
(quar.)
(stock
dividend
3-10
3-25
Corp
Davenport
3-18
$1
$1.75
—
1^—,
preferred
5%
3-10
4-26
$1,251
> $2 . '.
(quar.)
(quar.)
Rivei
1
4-
5c
(quar.)
preferred
4% %
3-31*
4-
>
3-13
4-
80c
-
(irreg.)—_1
3-15
•,
3-19
1
3-24
; 15c
Co
Sugar,
preferred
-
Culver
Dan
3-15
3-30
50c
——
Tissue
Cunningtam
9
4-
55cv
25c i
—„;
Curtis Publishing
Co, $4 prior preferred-;
$4 prior preferred (extra)
D. W. g. Cigar Corp.
9
6-
,
.
.30c
Cash
4- 9
7-15
$4
common
Co,
•
RR.
pfd. (quar)„
& Electric, 4% pfd, (quar.),
preferred
Cleveland
1
25c
5Va% preferred (s-a)——
Knitting, Ltd. class A (initial)
Ice &
4-
•5-
v
87'/a c
,
3-19
$1.50
/
(quar.)
Cudahy Packing Co., common (quar.)
15c.:
4ya% preferred
.(quar.).—$1.12*/a'.
8
30c
3-19
4-
3-15
25c
(quar.)
common
Ltd,
Investing,
3-
1
3-31
50C
;
Suburban Bell Telephone
3-15
3-
4-
3-31
3-31
-
$40c
(final)
American
5%
3-16
45c
.3-10
4-15
v
Corp.—
Cuban Atlantic Sugar Co, com.
5%
preferred (quar.)
3-20
3-31
Securities-Corp.—
7%.. preferred
$1.12
&
3-20
1
*
1
2yac
Quarterly
1
1
4-
—
(quar.)
7%
3-15
3iy4c
4% preferred -(s-a)
Cincinnati New Orleans & Texas Pacific
Ry.
5% preferred (quar.)
4-
3-10
'
3-22
——1
(quar.)_i.„,
-•
50c
(quar.)———'
St.
series
preferred
•.»
3-5
1
B
Cuban
3-15
1
3-22
(reduced)
Forster
4-
'v10c
•
—
(quar.) ;
3-20
4-
.■
-
—
Co.
A
Crystal
4
$1.12%
]
Works—
3-19
4-1
40c
25c
r
-
——
Loom
3-17
3-31
3^31
40c
:
,r_—
(accum.)
Common
7%
Inter-Terminar RR.
Cincinnati
"f
i*
.
3- 1
,' 75c
(quar.)
International
Common
,
$1.21
3-17
Crum
56'Ac- ;
> :
3-17
Steel
&
3-15*
3-22
3-20
4-1
3-23
1
3-31
Co, £>% pfd. (quar.)
Cram Si Forstcr, 8% preferred (quar.)
56y4c
:
1
4-
4-15
3-20
4-1
3-12*
4,
3-12*
1
3-31
—,
Drug
3-15
l!:.
4-
3-10
Crown Zellerbach Corn,
•
,
3-31
4-
3-19
Co
(irreg.)
A
Crov/n
6-18
3-15
3-19
(quar.)—
,
America-(reduced quar.),,,^
Cork
Class
3-19
1
4-
6- 4
3-12
/
3-31'
..
Publishing Co. (quar.).
Blackwell $1 partic. pfd. (quar.)'__.
Crosse &
3-15
1
3-31
(quar.).,,—
Crowell-Collier
.
1
1
4-
75c
Knowles
preferred
3-15
25c
common
Sexton
&
Common
3-18
8
&
Crompton
3*18
4-
,
of
3-18
1$
4-
'
series
Company,
1
1
3-31
Cribben
1
9
3-31
15C
4-
4-
3y2 V"
Crane
5-21
4-
A pfd. (quar.).
$1.31'A
Glass Works, common^—12y2c
preferred 1947 series (quar.)
.
87y2c
3!/a% preferred (quar.)—.
—v. '• 87y2c
Coronet
Phosphate Co.__w„.———, •«
$1.50
Cottrell (C. B.) & Sons 6% pfd. (quar.),^—:
$1.50
Crain )R. L.),. Ltd.- (quar.)i,$10c
:
2-27
25c
Creameries
4-
50c
93%c
*■*
3-15
ri.
1
Industries
3-10^
1
(quar,)h-w-
Cream of Wheat Corp.
25c
Securities
Cincinnati
4-
3-15
3-29
3-10
4-
$1.50
i.
■
5
»•
10c
preferred (quar.)
Co, common
preference (quar.)..,—
7%
3 15
3-15
6-
-
1
3'■
3-31
87yac
•
3-
3-21
-
30c
pfd.
Corning
.
3-19
3-31
$1,
40c
!
convertible
5%
3-15
1
(Del.),—75c..
it $3' prior preferred (quar,)
Cornell Dubilier Electric—
$5.25
4--1-
;.
$U2'/a
3-17
1
4-
$1
32% c_,
Co.,. $3.75
Co,
Cooper-Bessemer Corp, common
-■
.
Corp.—
Ry,
Pneumatic
1
4-15
3-16
3-16
1
-
Chicago Towel
7%'
3-15
1
3-31
-
—
4-
37 '/ac
_
1
4-
50c
^
3-
t
-
(quar.)
Milwaukee
vtc.
$3
l-'i:
3-31
.
3-12
4- .1..
■
(Boston)—40c
Consolidated Retail Stores, Inc. (reduced)— ...
30c
.4J/4% preferred (quar.)
53c
Consolidated Steel Corp.
(increased)
%
50c
Consumers Gas Co. (Toronto)
(quar.)——
$$2
Consumers Power Co, $4.50 pfd. (quar.).—r $1.12y2
Continental Assurance Co. (quar.)__—;
' 30c
Continental Baking Co, common (quar.)—^
25c
$5.50 preferred (quar.)
$t.37y2
Continental Bank & Trust Co. (N. Y.) (quar.),:
20c
3-31
>
$1.75
(quar.)
3-31
4-
^
40C
v
15c
Chicago
4- 9
4-"
3-29
—
.
3-12
-
4-1.
$118%
•
(quar.)
preferred A (quar.)
Ohio
Cincinnati Gas
4-
3-16
$1.75
Extra
1
4-
3-15
3-31
$$1.75
Chicago Mill & Lumber Co. (quar.)
4-
4-
4-1
4-15
1
-
,
4-
—
&
Common
Chicago
1
3-15
-
5c
preferred
(quar.)—
Chesterville Mines, Ltd.. (interim)-!Chicago Corp, common (quar.)
3-10
4i
4-1
50c
—^,I._
Co.
.
1
3-24
3-29
Ltd
$40c^
——25c
class A • (quar.)
$16%c
Paper Co
Consolidated Press, Ltd,
3-15
1
4-
8
60c
3ya%. convertible
4-
1
4-
,
3-17
3-24
$1
$1.50
—
4-
4-
4-
,
Mfg.,
common
convertible
Climax
*25c
Trust
Lithograph
Consolidated
•
Transit
Chesapeake
Packers.
B
Investment
Consolidated
3-15
(quar.)—
Building Corp.—
Candy Co,
Extra
4-
,,
$40c
(s-a)—
Consolidated
3-17
100%
dividendi——
pfd.
~
'
4-
1
15c
dividend)v_,w——
Cherry Rivet Co.
Chesebrough Mfg.
Niagara
—
1
3-16 v
3- 6
3-12
3-24
•
■
—
5-
r
$4.50 preferred (quar.)_,_—
Chapman Valve Mfg. Co. (quar.),
5%
Si Pwr>
—
4-
Chefford Master Mfg., 5% pfd. (quar.)__
Chemical Bank & Trust Co. (N..Y.) (quar.).
4-
3-30
3-16
Commerce
Charleston
93%c
-
'
Elec.
(quar.)
1
5- 1
.
90c
4%% preferred series B (quar.),,
$1.12^*.
4%
preferred series C (quar.),—-——$1
Consolidated Grocers Corp, common (quar.) ;
25c
5%
pi-eferred
(quar.)—
$1.25
Common
3-30
50c
Champion Paper & Fibre—
3-15
(Bait.)—,
Consolidated Gas
3-
8
4-
3-31
4-1
$1.25
.
Lt.
5-15,
3-20
$3.50
•
—,
3-15
50c
(annual)
4-
1
Y.—
of N.
3-15
-
_
Class
3- 5
25c
V'
(quar.),,,
1
$1.25
(quar.)_
•
Investment
conv
Chamber
1*
(s-a)
preferred
4-
—
quar.)
preferred (quar.)
conv.
90c
" ' 25c
:
1
3-26
4
20c
u
4-
preferred
7%
$5
933/4C
(increased
$1
——
3-19
--
1
Hosiery Mills—
Common
'
(quar.)—
(quar.)
1
i5o
Products, common,
prior preference (quar.)—
Ii.i3ya,/
prior preference (quar.),—
$1.12%
1
—
3-11
4-
Certain-Teed
4-
3.60%
'
4-
4-15
Electric Corp.—
preferred (quar.)
—
—
• . 90c
Building Products, Ltd.
(quar.)
—
$35c
Eulova Watch Co.
(quar.)_
:—.. 75c
Burlington Steel, Ltd. (quar.)w_-^__
*
$15c*
Bush Terminal Buildings, 7% pfd. (accum.)
$1.50
Butler (P. H.) Co., common.,
—
20c
5%
preferred (quar.) __—
—
31 (4c
5% non-convertible preferred B (quar.)i,.
31V4c
Butler Water Co., 7% pfd. (quar.)
$1.75
€. I. T. Financial Corp. (quar.)
50c
Cable & Wireless (Holding), Ltd.—
:
t
5 % %
preference (s-a)
" 2% %
Calgary & Edmonton Corp., Ltd. (s-a)_
• $5c
California Electric Power, $2.50 pfd. (quar.)
63c
California Ink Co.
75c
California Packing Corp., common (quar.)_
62V2c
5% preferred (quar.).—-——
62Vac
California Water Service
(quar.) —.
6O0
Camden Forge Co., 5Va% conv. pfd. (quar.)_
3438c
Camden Refrigerating &#Terminals Co.—
6%
preferred (s-a)
$2.50
Campbell (A. S.) Co., common
—
20c
$2.50
preferred
(quar.)
62'/aC
Canada Bread Co., Ltd.—
1
4%%
1st preferred (quar.)
$$1.12Va
5% class B (quar.)
$62VaC
Canada Dry Ginger Ale. common
15c
$4.25
preferred (quar.),-L
$ 1.06V*
Buffalo
(stock
Co.—
$5
preferred
(quar.)
Bucyrus-Erie
Co.,
common
7'/o
Common
4-
—
Brunswick-Balke-Coilender
Badd
2-26
25c
common
—*
4-
$1.25
$4 preferred (quar.)——
Shoe Co., $3.60 preferred
(E.
4-
'
3-30
3-31
(quar.)
(cash
3-31
4-
$25o !
50c
'-v
Corp. .(quar.)
Cigar
3-31
(Ca|if.) (increased)
Co.,'-
Common,
4-1
3-11
3-31
$1.50
1 10o
•
—
Consolidated
*
Wire—
&
2-26
:
—
Extra
Central Steel
.4%%
4%%
:
-
Consolidated Dry Goods Co, common (quar,)
.
35c
(quar.)
(quar.)
Service—
Products Co.
Co.
Century Electric
18c
—
Brown
Bruce
^
Paper
2-26
4-
.
preferred,
(quar.)—
—
Connohio Inc, 40c preferred (quar.)—'
Consolidated Bakeries of Canada, Ltd,-r^
$1.25
com.
pfd.
(quar.) __j
4-
1
1
3-U
4-15
*
Co.—
Power
6%
25c
(quar.)——-1
B
Steel
Ohio
20c
Distillers Corp.—
Brown-Forman
'
-
4-
1
; '4- 1
•■$1.50",
- '; 75c
—
75C
Maine
Central
•
•
3-15
v
65c
Power, common (quar.)——
3.5%
preferred
(quar.)^——
6 %
preferred (quar.)
,
•
1
4-
$1.50
$1.75
-
6%
Consolidated Edison Co.
•
"
6-17
4-
Connecticut, River
"
•
pfd. (quar.)
& Power (quar.)
Light
-
-
75c
•
—
Go, (quar.)
& Gas,
Public
Illinois
Central
4-1
1
3-18
7-15
Connecticut
'
$3
$1.37%■■■■■■'
(quar.)_i
'
———
$25c
23A 0
Common
4--15
50c
Trust
&
Central Investment Corp.
1
3-26
1
$1-
'
A, (quar.)_———, -$1.02 5/a
preferred
4% .preferred
r
.
1
(quar.)
(quar.) —
$7
Conlon-Moore-Corp,
Quarterly
—
io——*•
Light, 4Va%
.preferred
Central
British-American
.
Illinois
4.1%
3-11
»
—.
pfd.
Light—n
3-11
Process
Central Hanover Bank
-
3-12
4- 1
Commonwealth-Water &
3-10
*•
5-20
•
4- 1
$6
preferred (accum.)
Commonwealth Water, 5y2%
2-23
3-30
—
(quar.)—
Franklin
Central
3-15
3-15
75c
,—
preferred
4-20
5-20
160c
430c
Bridgeport Brass, 5Va% conv. pfd. (quar.)v -.$1.87%
Bridgeport Gas Light (quar.)—35c
Briggs Mfg. Co.
50c
Corp.i
I.) Co, common,,---,—.
preferred (quar.)———
Extra
4-
'3-10
3-31
3-10
3-
$37y2c
•
*
3-25
37y$c
4- 2
3-10
4-' 1
0
3- 9
_
3- 3
3-10
3-27
3
3-31
».■ 4 •
•
1
1
.4-15
$10c
Cassidy's, Ltd, 7% preferred (accum.)Celanese Corp. of America, common—:—_
$4.75 1st preferred Xquar.)
jl—
7% 2nd preferred (quar.)—
Central Fibre Products Co. com.! (quar.*)_!!_
3-16
4-. 1
General
&
Loan
preferred
preferred
3-31
4-
1
$6
3-31
•
Co. (Del.)—,—6c
ilndianapolis) —
1.
3-27
3-31
1
4-
4-15
4-15
5-
4-
..
6-15
3-31
4-
3-31
4-
65c
90c
4%
v
3-10
6-30
4-15
preferred (quar.)
———.
Commonwealth & Southern Corp. (Del.)— ,
,
3-31
12%c
3-15
•
—
(J.
7%
3- 8
■
;
——_
4, 1
(quar.)——:
——
preferred (quar.)—
3-17
Brewers Si Distillers of
1
preferred B
Corp., 4%
1
4-
(E. J.)
--i—
6%
Carrier
3-30
$1.25
I
(quar.)
3-31
Botany
preferred' (quar.)——_-u
Vancouver Ltd.—
preferred A
3-31
4-
•
3-31
4-20
_
(quar.)—33c
Corp
Solvents
$$1.50
$$1
!'
-
,
3.20
25c
$5c
—
—
5- 1
1
■
r
Commonwealth
3-18
1
3-17
11- 1
.
6 Vc
;
4-
Co.—
1st
.
—
3-15
<
16
(quar.)_
Quarterly
3-31
4-15 '
4-
3-17
4-
5-15
'
Shearing
Commercial
3-15
50c
87%c
871/2c
$1.50
(quar.)———
& Stamping, Co.-1-
3.60%, preferred
^
3-U
12-
'
'
3-18
3-18
6-
1
4-15
preferred (quar,)—.
Carolina Power & Light com————
$5 preferred (quar.) ——
Carpel Corp. (quar.)_
Carter (J. W.) Co. (stock dividend)—!
Carthage Mills, cqmmon (irreg.) ——,—
"
com
3-31
(irreg.)'—,——
3-31
3%%
$25c
3-21,'
A
50c
——
Commercial Credit Co.—
Common
(increased quar.)
3-13
$50c
3-18
15
Manufacturing
1
4-15
1
$1
$7,50
•
4-30
—
3-19
1
Brillo
(quar.)
1
______
—
4-
4-
4-
—
Commonwealth Edison Co.
Commonwealth Investment
—
Co.
3-31 '
4-
—a
$$2
tlT'/aC
$20c
quar.)_
3-29
.
19
Extra
3-
.
;.
3-15
.
—_____ —
:—
1
1
4-
—.
(increased),,
$$1.75
(quar.)
common
3-15
4-
•
1
4-
3-31
4-
62y2c
$i7y2c
25c
30c
$1.05
...
1
2-27
$75c
25c
3-15
3-U
3-25
$25c
(increased)
International Corp.
Co. (s-a)
,
——
3-29
4-
26
Annual
2-27
,
1
4-
.
Westinghouse
B
Class
1
3 %
1,
$$M2/a
Capital Administration, Ltd.—
$3 preferred A (quar.)——
Capitol. Records, 'inc., $2.60 pfd. (quar.) —
Carey Baxter & Kennedy (quar.)—
Carey (Philip) Mfg. Co., common (quar.),,
5%
preferred (quar.)—,———
4-
-B:ach
2-27
$250
Boxes, Ltd.—
(quar.)——
Mills Co., common (irreg.)——
Cannon
3-15
3-31
Club
1
..
class
$1.50
3-31;
Book-of-the-Month
4f
Canadian. Wirebound
3-21
3-30
10c
1
3-30
25c
12VaC
15c
,
Borg
'
$18%C
$20c '
A
Canadian
3-21
preferred
6%
1
$183Ac
preference
Common
.
2
4-
2-24
(quar.),.
Tobacco,
1
3-
3-25
—-
Colgate-Palmolive-Peet Co, com. (quar.)
$3.50 preferred (quar.)—i
$3.50
preferred (quar.),—
Colonial Ice, $6 preferred B (quar.),—.
Colorado Fuel & Iron, com. (quar.);
—
Commercial. Alcohols, Ltd.,* common (quar.)
8%-. preferred (quar.)4———
...3-27
$10c
1
Bohn Aluminum Si Brass Corp.—
3-
1
4-
4-30
•
.
_
1
4-
$30c
'
^
1
1
$50c
:
'
t
$1.50
25c
25c
preferred
:
3-
4-
$55c
Refractories-^«•
4 Va %
1st preferred (quar.)—,.
i.:— $$1.12'/a
$37y2c
Canadiah Silk Products Co.. Ltd. (quar.) — ^
Canadian Western Lumber Co.—
37V2C
5%
Bloch Bros.
3-16
preferred
preferred
5%
3-15
4-15
1
common
$43%C
3-31
Cockshutt Plow
Semi-annual
7%
preferred" (quar.)-—
Canadian Ingersoll Rand (Increased
3-15
1
4-
8l'Ac
'
Inc.,
Coca-Cola
3-16
Canadian Oil Cos.,
4-
4-
'
Laughlin,
Si
Coca-Cola Co.
3-16
3-31
(quar.)—
Canadian Industries, Ltd.,
2-29
4-
3-31
——
Mfg.
Decker
3-10
3-31
$25c
Extra
Class
2-28
4-
preferred
&
Extra
Bliss
1
4-
30c
}
—-
(quar.):.
Co. (quar.)
B'ack Sivalls & Bryson (quar.)i
Black
4-
$75c
3-10
,
Canadian
—
—
$10c
3-10
—
Inc
4-
preferred (quar.)—..
& Electric Co.—
4%
preferred A (quar.)
Coca-Cola Botting Corp. (Cinn.)—
$2.50 class A (quar.)
2nd
4%
3-30
35c
50c
$1.75
$1
-,
Coast Counties Gas
Commercial
1
50c
Birmingham Electric Co. corn.——
$15c
3-10
Canadian Ice Machine Co.,"Ltd;—
3-
$1.75
;
3-10
3-18
•
(quar.)
4-
3-15
—
Co.
Machine
4-
5c
—
3-30
Extra
Bird
3-12
1
(quar.)—
pfd.
7%
(quar.).:—:
Bingham-Herbrand Corp., common (quar.)
5%
convertible preferred
(quar.)
Bird
1
3-15
$*
Bethlehem
$25c
(quar.)
common
3-31
—
_
Ltd.,
Ltd., 4% pfd. (quar.)^r$$1.25
(quar.)—
■ •
$$2
8%
(quar.)——-.
•'—:
$75c
Canadian Pacific Ry. Co.—
—
$$1.12 J/a
Canadian Refineries, 4%% 1st pfd. (quar.)
$2
preferred (quar.) _—
Poods, Inc. (irreg.)
9
3-10
50c
(quar.)—.——
*l.
conv. pfd. (quar.),.,
Bessemer * Limestone & Cement Co.—
4%
9
4-
4-
37VaC
—-
preferred
Hedges,
4-
4-
115c
J25c
t$2 "
Beneficial Industrial Loan Corp., common—
&
3-15
*$1.50
$$1.75
4-
5-
Canadian
3-12
40c
,
$3.25
1
1
—■v"
Belding-Corticelli, Ltd.. common (quar.)__
7% preferred (quar.)
Belgium Glove & Hosiery Co. of Canada, Ltd.
Common
(quar.)
9% preferred (quar.)
_
Bell Telephone Co. of Canada (quar.)——
Bendix Aviation (quar.)—
Benson
4-
-
—
5-
Canners,
4J/2%
4-
84%c
t60c 4
12V2C.
50c
i(increased quar.)"
(quar.)
Appliances.^.
3-15
$1
1
$50c
$$1.25
$31 VaC
(quar,)——
Foreign Investment Corp., Ltd.—
Quarterly
Canadian General Electric Co. (quar.) —
Canadian General Investments, Ltd. (quar.)
3-19
1
4-
50c
—
(quar.)
Inc. (quar.).:
Beech Creek RR. Co. (quar.)
Beech-Nut Packing (quar.)—
Home
3-31
25c
25c
4-
—
—V:—
6%
preferred (quar.)——i-——a—Canadian Converters Co., Ltd, class A (quar.)
Canadian Food Products, Ltd., com. (quar.)
$1 convertible class A *(quar.)
,.
5*
3-
1
4-
■'
5*
3-
3-26
—
common
Beatty Brothers, Ltd.
Beau BrUmmell Ties,
pendix
75c ~
----"
(quar.)—
preferred
Beatrice
4
1
(quar.)
Co.
&
3-
4-
*0c
50c
(quar,)___—$1.12%
preferred
Bausch
4-1
$50c
1st preferred (quar.)——
Participating
——
60c non-cum.
preferred (quar.)—:
;—
Participating
—
Canadian Celanese, Ltd., common—.
—
$1 preferred (quar.)
———
$1.75 preferred (quar.) ——
Canadian Cottons, Ltd., common
(quar,) —
3-19
3-31
preferred (quar.)___
Bastian-BleSsing Co;
Bates Mfg. Co., common
'4V2 %
4-1
—
5%
3-18*
37V2C
-
4y2%
Baumann
3-10
1
4-
Clorox
Cluett
(quar.)—
preferred
Canadian
8-10
(quar.)
—
com.
5%
1
4-1
Ltd. (quar.)
Canadian Bronze Co;, Ltd.,. com. (quar.)
4-10
17^c
—
3-15
2-27
$$2
~
Canadian Breweries,
9
4-
4-1
$1
(quar.)
3-
4-
30c
$3.50
45c
(quar.),
Y.)
(N.
,
1
4-20
$1.25
40c
$1.75
(quar.)
(N. Y.)
Bank of New York
Bankers Trust
Co.
3-9
6- 8
9-14
12-14
4-1
7- 1
10- 1
1-2-49
8%c
83/4C
8%c
8%c
convertible preferred (quar.)__
convertible preferred (quar.)___
convertible preferred (quar.)
Corp. (quar.)— t-.
——
Chemical Co. (quar.)
Peabody & Co, common (Interim)
7%..preferred (quar.)
;
Clopay
4-
(Toronto).—
Corp.
Mtge.
Quarteily
Share
of Company
Name
Payable of Rec.
Share
of Company
Permanent
Canada
Porcelain Steel Corp.—
Baltimore
7%
Payable of Rec.
Share
.
Name
Holders
When
Per
Holders
When
Per
(quar.)
50c
.
8-16
50c
I",!™!
11-15
50c
4-1
1
25c
—II—
"
5-
5-15
50c
.
4-
50c
3-23
8-
11-
5
5
s;
3-22
'
3-22
3-9
1 7
Number 4683
167
Volume
Match Co., 6% partic.
T Motor Car (quar.)__
Corp.
(quar.).
Xd
S£pTotrc?asS A
Corp
gSer-J«vis
pfd. (s-a)_
20c
1
62 >/2c
4-
1
3-10
3-26
3-10
4-30
3-31
4-15
4-
4-15
t35c
4-15
4-15
5-
44-
preferred
4-
3-
(quar.)
—:—
—
tl5c
Textile Co., Ltd., com. (quar.)
4-
f 15c
international* (quar.)
(stock dividend) ——________
du Pont (E. I.) de Nemours & Co.— <
$4.50 preferred (quar.) __—
$3.50 preferred
(quar.) —_—_j..
(quar.)
Common'
4-15
1
3-10
3-20
Gair
5',0
(Robert)
Co.,
preferred
4-
1
6%
preferred
4-
1
6%
preferred
Garfinckel
75c
4-
1
2-28
4-
1
3-15
5%'%
4% '/'o
25c
3-29
3-22
3-30
3-19
$1.75
4-
9
3-15
4-
$1.12%
4-
1
1st
Gatineau
>■<;
,
3-19
General
$1.25
4-15
3-15*
25c
3-31
3-10
$1.50
4-
1
4-
1
3-15
t
$1.50
■;
$1.50
',y"
6-15
9-15
9-1
4-15
2
7-15
6'!q
25c
4-
1
3-20
Controls
General
1
3-20
57c
preferred A
1
3-
4 %
convertible
B
Class
Eaton & Howard
Economic
Stock
Ecuadorian
(Texas)
Natural
Electric
Auto-Lite
Gas
prior
General
Mills,
General
Co.,
3-31
3-13-
3-25
3-15
3-25
3-15
1
3-15
3-31
$3.75
General
$1
4-
1
$5.50
3-20
3-25
•
,
2-28
$4
3-15
new
Cement
1
3-
8
3-19
;
3-31
$1.50
General Time
3-19
'
$1.06%
15c
Emerson Electric
Mfg.,
Y.)
class
B
preferred
convertible
Raiiroad
Co.,' 5%
preferred
A
preferred
A
20c
(quar.)
$1.50
4/2%
(quar.).—
6-30
1-25-49
6-
1
5-14
:
9-
1
1
25C
4-
1
American Ry.
$2.50
(s-a)
4-
3-
3-15
12 %C
3
Goodrich
3-12
3-19
A
&
—
Traders
Life
Ins.
Park,
(quar.)
Inc.
56 Vic
3-27
3-12
15C
_________
Stores,
common
/0> eorivertible preferred (quar.):.—_
ed
Publications
______—
Quarterly
&
Trust
Co.
Y.)
(N.
Stores
—"
8-12
3-22
.3" 9
10c
3-31
50c
4-30
$1.06 Va
60c
&
CO.
See
Bank of N. Y.
Pennsylvania
National
Special
EwfJa Br°thers.
Power
4-
1 :
3-20
l
3-
1
1
3-
1
3-23
3-13
3-27
3-10
3-25
3-12
Field.
$6
4-
1
3-24
$2
4-
1
3-12
Stores
4-
1
4-20
1
3-12
4-
5
3-15
&
Light, 4%.%
Utilities
preferred
pfd.
common
(quar.)
(quar.)
(quar.)_:
orsheirn Shoe Co., class
Class B
(reduced)
A
—
—
—-
(reduced)——
$20
4-
3-26
3-
2
3-26
3-
2
5-V26
Ideal
3-30
3-16
3-26
3- a
/
1
4-
1
15c
3-27
3-20
4
-1
3-
5*
1
3-
5*
,
4-
4-
1
1
1
1
4-
4-
4-
3-19
4-
3-31
933,4c
4-
3-31
20c
Final
3-10
Indiana
3-10
40c
4-15
3-31
(increased)
3-19
4-10
3-27
30c
__
$1.50
3-26
$1
&
3-19
1
3-15
20c
5-
1
35c
4-
5
3-19
25c
4-
5
3-19
40c
3-31
3-13
4-
1
3-15
,$$3.75
4-
1
3-31
30c
4-
1
3-20
$10c
3-31
2-17
$20c
3-31
56
3%
Co.
(increased)
50c
3-19
4-
3-25
3-19
1
3-
$1
4-
1
3-22
$1.25
4-
1
3-22
pfd. (quar.)
37%c
pfd. A (quar.)______
Acceptance, Ltd., com,. (quar,)—
preferred (quar.)———
5%%
$1.25
4
4
$$1.25
3-31
3-
3-31
3- 4
4-
1
3-20
4-
1
3-25"
20c
3-31
50c
3-23
3-
2%c
3-31
2-28
1
3-20
3-22
Inland
1
3-19
Inspiration
4-
93 %c
1
3-19
Institutional
(Interim)-—
Inc.
Consolidated
Copper
Ltd.—
Shares,
shares
Group
2
3-12
3-
4-
Investors,
4-
1
3-31
3-31
4-
'
25c
4-15
4-
4
$50c
4%% preferred (quar.)—
$$1.06y4
Ingersoll Machine & Tool, class A (quar.)—
12J/2c
Inglis (John) Co., Ltd. (Interim)—loc
1
2-17
3-23
1
4-
—
3-31
2-17
3-31
5-
$1.03y8c
Industrial
3-
1
3-30
Indianapolis Water 5%
3-10
6
5-
Co.—
(quar.)
3-12
1
4-15
4-20
5-15
$25c
Michigan Electric
Common
3-12
3-19
3-31
4-
(s-a)
3-31
4-
$1
$15c
preference
preferred (quar.)—
Indianapolis-Power & Light, 4%
5% preferred (quar.)
8
3-31
$$1.25
———
4Vb%
3-22
-3-
3-19-
3-31
25c
L———
preferred
(quar.)
Independent Pneumatic Tool
3-15
3-31
7'
62%c
4%
1
3-15
50c
(quar.)———.
6%
1
*
Co.
3-18
4-
$1.50
3-20
Commercial
3-18
62%c ; ;'4_
,
Cement
1
'
8
56Vic
—
4- .1
12 %c
3-20
4-
$12l/2c
Quarterly
Imperial Paper & Color
—:
Imperial Tobacco Co. of Canada, Ltd.—
Ordinary (interim)
3-19
-1
4-
$1.12%
1
4-
$2
(quar.)_
Telephone—
:
preferred
(quar.)——$1.183,4
Imperial Life Assurance Co. (Toronto) —
3-11
4-
4-15
$4.75
5-
•
3-20
",
1———
Illinois
3-16
37%c
Co
—
3-18
8
.
4-15
Inter-City
3-19
$$4.50
4-
$62%c
—:
1.
3-4
3-31
10c
(quar.)
(quar.)—$75c
Intel-national
3-22
International
3-10
4-
$12Vac
3-15
1
International
Class
—
4-
$$3.75
1
.
4y2%
3-19
Sewing
A
3-16
4-
1
3-19
50c
4-
1
3-12
$37V'2c
4-15
„
3-15
Machine
(quar.)
International
3-15
Button-Hole
3-31
25c
—•
4%
pfd. (s-a)_
International Bronze Powders, Ltd.—
6% partic. preferred (quar.) —!—!_!——
Co.
(quar.)—_——
Baking Co., Ltd.
Steamship Co
Inter-Ocean Securities Corp.,
' /
(quar.)——
Greening Wire, Ltd. (quar.)
--——Greenwich Water System, 6% pfd. (quar.)__
Greyhound Corp., common
—
4%% preferred (quar.)—Griesedieck Western Brewery (irreg.)—
Griess-Pfleger Tanning Co. (quar.)——-—
Griggs Cooper, 5% 1st preferred (quar.) —
5% 1st preferred (quar.)———5% 1st preferred (quar.)
—
Griscom-Russell, 6% preferred (s-a)
Group No. 1 Oil Corp. (quar.)
Gruen Watch Co.
(quar.)——
—Guantanamo Sugar, $5 preferred (quar.)—
Guaranty Trust Co. (quar.)——-—
7%
preferred
30c
Cellucotton
Harvester
Metal
Products
Co.
3-19
4-
1
3-22
si
4-15
3-15
$40c
4-
1
3-
8
$$1.12'%
4-
1
3-
8,
Industries—
(quar.)
—
preferred
1
37'/2c
(incr.)__
(quar.)_.
4-
(quar.)—.
International Minerals & Chemicals-
6-
1
5-11
4-
1
3-
$1.18%
4-
1
4-
1
3-15
Gulf
4-1
3-15
Gulf Power Co., $6
Guilford Realty
Oil
3-31
$75c
40c
$1.75
2
Common
2-28
3-10
4-
4%
(quar.)
preferred
4;
2
3-10
International
4-
2
3-10
Common
40c
(quar.)
Nickel
of
3-19
$1
—
Co.
(quar.)
3-30
3-30'
3-19
Canada, Ltd.—
—_—
+40c
—
3-20
2-19
.
206
25C
3-27
1
—
4-
4-
-
3-13
5-
Erie
Extra
;i5c
40c
$1.12%
12 %C
&
87%'c'
10c
'Special'
3-24
8
3-15
$1.75
Co. (Winnipeg)
3-31
3-30
3-
—r__
2-20
40c
3-18
3-20
(irreg..1——
3-30
$1.25
1
:
(quar.)—
A
(quar.)
Motors
3-30
2
3-13
4-
^
1
3-
Electric
3-15
5-30
1
3-30
(quar.)__—
1
'25c''
3-31
4-
$1
Mtge. Corp. (Ontario! (quar.)
Hussmann-Refrigerator Co., common (quar.)
$2.25
preferred
(quar.)—
Hyde Park Breweries Assn
3-17
1
4-25
25c
Gas Corp.—
(initial)—
4-
—
Quarterly L
Great West Saddlery Co., Ltd.— ; \
6% 2nd preferred (quar.)———-—
Great Western Sugar Co.. com.
(quar.)—_
4-
8
Natural
Huron
3-23
3-19
(Fort
30c
Humphreys Mfg. Co., common
6%
preferred
(quar.)
-
50c conv. pref.
Great West.Life Assurance
$1.25
$5 preferred (quar.)
*
43/^ Public
3-16
(quar.)
(Quar-)-——
Plating Co.
1
4-
75C
<N- Y-)
preferred
4-20
50C
FiS ^at/onal Bank
'rst
A
4-30
4-
$1
Ltd.—
(quar.)
Lakes
(quar.)—
&"RubbemZI-I---I---I-
Tire
Class
preferred
3-15
_____
Canada Investment Corp.—
(accum.)——
——
West Felt Co.,
4-
$3
Firestone
preferred
Great
35c
Marshall
$5
3-19 v
;
preferred (quar.)
Corp., common (quar.)—
Finance
6-15
extra dividend
Great Lakes Paper Co.,
Great
62 %c
—
,
convertible
Interlake
an
Co.
J.)
3-15
30c
4-20
20C
LPUud' lnc* ^uar.)
(Marshall)
3-19
;
35c
Corp._
axtra
8-16
15c
^ Mfg* Co- (Quar.)
of
t$l
$1.50
Great Britain &
■
(N.
1
4
——
this payment is
4-
——
1
$1.75
(N. Y.)—
Co.
3-3;
20c
1
paid by Great American Investing Corp.
3-10
3-25
of
5c
3-15
'
1
4-
Co.—
P^eferred (<luar-)
Firl Avenue
nance
1
3-31
12 %c
Feltman & Curme Shoe"
a
common (quar.)
t?
4-
15c«
Quarterly
4-15
75C
American Insurance
1
3-20
Bank
7-15
—
___
tL^uEnamel
1
1
$1
Federal
Mining & Smelting
Federal Motor Truck
Co____
Bank
5-
8-
3% %
.
4-
3-31
50c
4-
56'/4C
(quar.).
50c
$6c
_
$ 1.12»/a
7-
——
Ltd. (quar.)—
Steel Co. (irreg.)—
Co. (Del.), common
preferred (quar.)
3-10
4-
3%%
3-19
35c
City
1
$1.06
4-
$1
Pumps, 7% preferred (accum.)
Co., common (quar.)
3-3
4-
'
"
:•
3-31
quar.)——_ :
(quar.)
2-28
50c
50o *'
Corp., 6% pfd. (quar.)——$1.50
Houdaille-Hershey Corp., common
25c
preferred
.
5-20
1
Gibson
5%
______—__
—
1
4-
*
3-10
Howell
(quar.)__
Co., common
6-
3-
6-15
(quar.)_—
F.)
50c
30c
3-15
______________
5-20
,
W.), Ltd., class
MfgJ Co; (Irreg.)—
1
common
(quar.)
1
.
(Frank
1
Bros.,
(B.
&
7-
(quar.)____
(W. T.)
Great
3-19
3-31
50c
pref
(N. Y.)
2-13
4-20
6-
Mines
$1.50
Stores
Granite
3-16
1
Horn
9
4-
100%
3-26
4-30
25c
(quar.)
(quar.)_
(quar.)
Hardart Baking
common
dividend)
4-16
3-20
25c
Co.—
Inc.
New
$$1
Grant
50c
Federal Bake
Shops
—
Federal Chemical
Co., 6% pfd. (quar.)——
Federal Fire
Insurance Co. of Canada (s-a)_
af/a^et* Department
4-
Horder's,
15c
Grand & Toy,
3-12
3-31
3-12
Houston
$1.25
Grand
6
+25c
-t-—
(irreglj——
Co.
3-
1
37 %C
■
Faultless Rubber
4-
$5
Co.
Shale
preferred
$5
Goulds
6
1
4-13'
1
25C
(accum.)——
15c
(stock
com.
4-26
5-
3-31
;
Bearing—
3-19
(quar.)————_—-
y
3-10
3-
(quar.)——
Quarterly
Co.
1
1
$2.50
Fashion Frocks, Inc.
Federation
4-
4-
4-
3-23
(monthly)-
common
preferred
3-19
Goodyear Tire & Rubber of Canada (quar.)_
Gorton-Pew Fisheries, Ltd. (quar.)——_—
(Syracuse)—
Quarterly
Fashion
65C
>r 30c
—
—
&
Co.,
4%%
3-31
(quar.)
3-10,
8c
(quar.)—_—
$1.25
Razor,
preferred
4%
6
3-30
Ball
Hoover
15c
Inc., common (resumed) __
$2.50
preferred (quar.)
%
Gold & "Stock Telegraph (quar.)
Golden State Co., Ltd., common (quar.)-—_
3-22
12 %C
Hoover
3-31
3-12
15c
Insurance
Co.,
Goldblatt
11-15
3-31
1
3-31
1
pfd.
$6
3-19'
3-25
35c
(quar.)
1
3-31
;
Co.,
preferred
$4.50
8-13
12-
1
preferred
81 %C
(quar.)
1
50c
&
Telegraph
(quai4.)-.;
Ltd._„
4-
r
Brick (quar.)
(quar.)—:
4%% convertible preferred (quar.).
Globe-Wernlcke, 7% preferred (quar.)
Godchaux Sugar, Inc., clasS A (quar.)_j
12-31
$1.25
—-•
(quar.)
(quar.)
preferred
Farmers
Field
Fieia
7-26
$1.25
(quar.)
;
3-31
4-26
$4.25
$1.06%
(quar.)_
(quar.)
Safety
Falls
Glidden
3-22;
$1.25
____
(quar.)
Famous Players Canadian
Corp. (quar.) —
Fanny Farmer Candy Shops, Inc. (quar.) —
Perm
Glen-Gerry
$1
$1
Factor (Max) & Co.
(see Max Factor)
Family Finance Corp., common.—.
^
3-22
.
Products
Ex-Cell-o Corp.
Feh
Glens
$1 '
Erwin Cotton Mills.
Eureka Williams
Corp
& North
Gillette
3-31
Ind.)
3-10!
1
4-
——
93%c
pfd.
__________
Refrigerator Co. (quar.)___—
(A. C.) Co., $3.50 preferred (quar.)_
3-31
1
3%%
Co.
Electrochemical
3-31
r{ff
*(s-aK:'dil.—^---V---
Peelerred
Gibson
4-20
1
Hooker
1
1
4-1
-4-
25c
(quar.)_
(increased
5„
$$2.50
35c
Gas Co.,
$2.25
.r
Co.
Telephone
Wayne,
Honolulu
1
Household
(quar.)__
"
\
Home
5-
25c
3-16
;
preferred
3-12
.
1
(quar.)
$1
Development
(quar.) ——ic
(D. H.) Co., Ltd.—„—
50c
Holophane Co.; Inc. (trreg.)——j
75c
3-15
4-
6':
4-
$25c
Holly
3-15
1
6
3-
Holmes
5-
$1.37%
(quar.).^
1
4-15
3-31
preferred (quar.)
$1.12%Gferrard (S. A.)
25 c
Co., common_______-^^jvii''
4-20
•
"
$4
3-10*
4-
10c
% %
Gilbert
4-
—
Brewing
3-31:
4-
(quar.)
A
3-19
8
50C
(quar.)
4
3-31
4-20
$3.50
pfd.
5
Paper
Furnace
3-15
Rubber,
Products
Gerber
3.-15
4-15
4-
25C
(quar.)
5
25c
A
$5 preferred
3-15 >
1
75c
;
preferred
5%
4i
f25c
common
preferred
5%
•
3-15
3-31
$1.75
(quar.)_
convertible
European
1
4-
25c
7
(quar.)
preferred
Evans
3-10
50C >-■
Emsco Derrick & Equipment—
convertible preferred (quar.)
4%
4- 1
(quar.)
A
3-16
4-
3-
1
J25c
Hollinger Consolidated Gold
Hollingsv/orth & Whitney
3-15
(quar.)
Class B (quar.)
Class B (quar.)
Georgia Power Co.,
5-12
62 %C
Class
3-10
;
Emporium-CapwelLCo.,
Erie
1
25c
(N.
Employees Credit,
4%
6-
3-31
'
Empire Trust Co.
80c
3-16
25c
'.7% preferred (quar.)
Empire Brass Mfg., Ltd., class A (quar.)
Class
3-19
3-22
Genesee
3-19
(quar.)_—
common
3-20
5-1
1
4-
Canada, Ltd—
Battery Co., class A
3-20
*
4-
preference.——
&
4-
3-20
——
Hobbs
25c
(quar.)
&
convertible
Hinde
25c
3-20
3-20
3-31
(quar.)
(quar.)—
common
Hinde & Dauch Paper Co. of
1
(quar.)
class A
Tire
Corp.,
Dauch
3-15
3-31'
common
•10
93%C
1
3-31
$1
;
preferred B
■10
4-
4-
3-12*
15c
1
5-25
1
3-15
$1
Co
5-25
2
1
1
25c
$1
5-1
3- 5
4-
_
—————
Quarterly
4-
(quar.)
(
3-15
$1.25
3-22
45c
——
3-12
$1.25-
3-15
4-
Corp.-
1
(quar.)_
3-23
4-15
—
4-26
4-
1
S1.75
4-
25c
2-23
4-
$1,371%
37 %C
1
3-31
91'Ac
Hilton
1
3-19
3-15
'
3-15
4%
3-19
1
75c
common
_—:
Products,
Hotels
4-
3-31
'
Co.,
3-15
'
Vi'/o
&
1
4-
$1.25
12V2c
(quar.)
3-31
4-
'
30c
4-
$1.25
3-31
3-10
3-31
25c
Corp
convertible
1
preferred
15c
6?c
3-15
1
3-24
(quar.)
Creamery Co. (quar.)
Hibbard Spencer, Bartlett & Co.
Monthly
;
3-20
Hershey
8
4-
preferred
25C
3-19
3-
4-
4
(quar.)_____
Steel
1
1
40c
3%%
Ely & Walker Dry Goods (quar.)—
Elliott Co., common
5% preferred
(quar.)
Emerson Drug Co., 8% preferred (quar.)
Hercules
1
44-
$1.06 y«
General
1
4-16
5-
$2
\
3-16
1
Powder
(quar.)
3-20
4-
Hercules
Hotel
1
4-
3-23
1
3-20
1
Products, Ltd.—
Cement
Motors
3-15 *
3-31
$1.25
Hercules
Hercules
4-
4-
17 %C
3-18
3-12
55c
75C
—-—
1
1
5-
1
4-
s
5% preferred (s-a)
3-18
4-
35c
!
(quar.)
4-
Horner
25c
(s-a)_____
*
4-
12%c
(quar.)
25c
Corp.—1
4-8'
4-15
(quar.)—
4-
75c
Hoskins
of California (quar.)—_
Electro Refractories & Alloys Corp.—
Common
(quar.)
Electrfcal Products
1
Common
3-12 '
Instruments
3-15
4-20
Co., common—
preferred
3-19
(quar.)
preferred
3-17
25c
Co.
(Geo. W.)
7%
3-
Common
1
3-31
$1.12%
lnc
Hendershot: Paper
3-29
4%%
4-
3-19
15c
(quar.)_
3-31
3-10
3-19
_
;
(quar.)
preferred (quar.)
3-30
3-10
3-19
1
$20c
;
preferred
(Walter E.)
30c
1
__
1
$1.25
(quar.)—
;
Corp.
J.)
50c
1
(accum.)
4-
$1.12%
50c
4-
Co.
10c
\
_
Refractories
4-
Watch
3-22
$1.50
$1.50
Elgin National
1
(quar.)
$1.75
preferred
4-
(initial)_
Reinsurance
Corp
Telephone Corp., common
4.40% preferred (quar.)
r
4-
4-
30c
——
common
Holland
General
4-
35C
(quar.)
preferred
Helme
1
$1.75
common
3-10
——
Co.,
5 y2 %
1
3-
$1
Signal,
.'—
5%
3-
3-
(quar.)__
com.
1
10c
3.65%
1
1
1
General
1
(H.
Heller
1
1
(quar.)
Railway
General
4-
4-
(quar.)_^
preferred
4-
3-
4-
(quar.)'
Corp.,
Service, $6 pfd.
preferred
(quar.)
preferred
$1.25
$7
•
3-22
4-
(quar.)
Public
preferred
67c
3-10
3-30
60c
(quar.)_
1
4-
_
t30c
(quar.)__
pfd.
$1
preferred
Plywood
Portland
75c
& Light, $6 pfd.
perferred (accum.)_—_„—
Electric Storage Battery Co
10c
(quar.l____
preferred
Corp.,
2nd
conv.
General
3-10/
Corp.
5%
Paint
General
General
35c
(irreg.)
Electric Power
3-20.
31 %c
Corp., $5 preferred
preferred (quar.)
General
common
&
3-15
3-31
3c
Motors
$1.12%
Mfg.
Electric Ferries, Inc.—
6%
5
3-13
10c
Co._
Electric Controller
3-
—
(quar.)
El Paso
1
$1.06%
(quar.)_
1
Oil Works—
El Paso Electric Co.
$4.50 preferred
4-
' '■
—
■
participating preferred
4%%
General
12 %C V
Edison Brothers Stores—
El Dorado
5
Y.
Co.—
Glass
3-31
(s-a)_
Instrument
3-
4-
3-15 "
25c
N.
common
preferred
Hayes Industries,
Hazel-Atlas
Heinz
preferred
1
4-
3
3-15
75c
Fireproofing Co.
(quar.)
Industries, 5% preferred
of
(quar.)
25c
C
7%
4-
$1.20
(irreg.)__
12-
1
Tobacco
Hein-Werner
(s-a)
General
$1.50
v
Ltd.
(quar.)
Corp.
General
20c
Fund—
Trust,
4-
■" - «;
3-19
1
Co.
Corp
non-cum.
3-15
(quar.)
3-19
25c
Investment
$3
3-15
(quar.)
1
35c
Fund
Balanced
Hartman
$$1.38
1
3-31
6-11
9-10
3-31
(quar.)
4-1
25c
6-30
$$1.25
preferred
3-10
35c
(quar.)
Mfg.
3-31
t
.
1
Battery Co.__
4%
4-
3-.
Hart
'
4-
W
'
—
Howard
Eaton &
50c
1
preferred
9-30
40c
4-
25C ;-
$5
Haskelite
3-12
12-20
Corp.,
preferred
34 %c
Corp.—
4-
2nd
37'% c
___________________
Finance
25c
■
3-12
30c
(irreg.)
3-15
4-
Munnlng
(quar.)
Carpets, Ltd
25c
Co., common
(quar.)
preferred
$1.25
$1.1428
4-15
•
preferred
(quar.)
_______;
Corp., $7 pfd. A (accum.) __
$6 preferred B (accum.)
______
Eastern Steamship Lines, common (quar.)__
$2 convertible preferred (quar.)
___
Eastman Kodak Co., common
(quar.)_
6% preferred (quar.)—.
______;
Easy Washing Machine Corp., class A
1
3-31
5-
'
Co.
Eastern States
$1
3-20
3-31
.
30c
(quar.)
com.
1
$l.u6%
Harrisburg Gas, 4%% preferred (quar.)
Harrisburg Steel Corp. (quar.)—
Harris-Seybold Co., common-—
•
(quar.)
3-15
1
4-
$1,59
Insurance
Winkle
28 %c
A
1
4-
preferred
5%
3 31
1
10c
General Electric
'
—-——
4-26
4-
25c
Investors,
General
8-
Fire
Harding
Harnischfeger
3-31
30c
(Increased quar.)_
General Builders Supply—
5% convertible preferred (quar.)
5-1
4-26
12 %C
Transportation, com. (quar.)
$4,25 preferred series
A'(quar.)__
General
Baking Co., common_-____
$8 preferred
tquar.)
$1.50
'V
6%
4-15
;;
American
General Box
Hanover
4-15
General Amer.
3-15
$1.12%
4-30
(quar.)
preferred
$4.50
1
4-30
30c
class
4-
$1
—
3-15
(quar.)
Co.,
20c
J
$i.2s
—
4-
12 %c
com.
4-20
(quar.)
Hanson-Van
75c
(accum.)
5-
7-31
Harbison-Walker Refractories—
;
Co., Ltd.,
5% preferred (quar.)
5%% preferred (quar.)
Mfg
—
3-31
(quar.)
preferred
B
3-31
(quar.)
Power
Gemmer
6-15
(P. H.)
preferred
4-22
(quar.
& Co., common
(quar.)___
preferred
1
1
1
4-30
$12y2c
(quar.)——
Knitting, common
4-15
$75c
(Julius)
preferred
3-15
1
5%
Packing Co. nquar.)
Gary (Theodore) & Co.—
9
4-4
Class
3-15
9-
;
(interim)
4'%% pfd. (quar.)—
4%% preferred
Hanes
6-
25c
Ltd.
$35c
Garlock
4 %
4-24
3-15
1
7-
$25c
$1.12%
(quar.)
Bridge,
$12.50
I
Galveston-Houston Co.
•
1'
4-
37 %c
(quar.)
3-19
3-22
•75c
4-
(quar.)
6%
4-15
87 %C
3-23
25c
(quar.)
1
4-
3-15
37 %c
(quar.)_;
4-
4-24
1
3-30
_
common
preferred
$1.60
4-
preferred
25c
-
55c
preferred
6%
$1.50
_L—
37 %c
4%
1
(quar.)_
37'/2c
'
(quar.)"
3-24
1
12 %c
Industries, Inc.
Co.,
4-15
'
Hammermill Paper,
(quar.)
Ltd.
4-15
$1.12%
3-15
$50c
Frontier
Gabriel
Association, -Inc.—
Racing
Eastern
Cos:,
3-10
3-3 i
1
Extra
1
4-
Hamilton
4-
(quar.)
preferred
5-14
*
3-15
75c
(irreg.)
'
Malting Co., Inc.—
1
(accum.)
B
1
3-20
1
(quar.)
1
Corp.
preferred
$2.20
•
Fraser
1
4-
(quar.)
4-
Duke Power
6%
Common
,
4-
Holders
Payable of Rec.
t25c
4
Ltd. (monthly)
;
Haloid Company, common
(resumed)—
4-
Co.
&
Quarterly
Hallnqr Mines,
75c
oommon_
4-
Dunhill
Co., common.^——______—
7% preferred
(quar.)_—
Dun & Bradstreet, Inc.; 4%%' pfd. (quar.)_
Duquesne Light Co., 5 % 1st pfd.-(quar.) _—
Duval Texas Sulphur Co. (quar.)
—
Eastern Gas & Fuel Associatesr6% preferred (accum.) _____:—
4%% prior preferred (quar.)
Eastern Massachusetts Street Ry.—
6% 1st preferred A (quar.)__
i'6% 1st preferred A (quar.)—
—.
16 % preferred B (quar)
——_____
3-
4-
50c
Corp., 4% preferred (quar.)——___
Draper Corp.
(quar.)
—
Dresser Industries, Inc., com.
(resumed) —
Dravo
Duplan
Froedtert Grain
3-15 ^
3-13
1
When
Share
3-31
20c
(quar.)
Process
of-Company
Gypsum Lime & Alabastine of Canada, Ltd.—
Quarterly
t$l-50
_
3-18
1
(quar.)_
Per
Name
3-18
4-
$12 %c
A
Holders
3-31
37 %c
__
Canada, Ltd. iquar.)Z__
Four-Twelve West Sixth Co.
(irreg.j
Franklin
3-15
4-
preferred
prior preferred
prior preferred
Foundation Co. of
3-18
4-
___
Power, 6% 1st pfd. (quar.)
Inc., common (quar )
6%
1
4-15
$$1.75
(quar.) —____■
$50c
nonnacona Paper Co., Ltd.
common (s-a)_
$$1.12%
4%% convertible preferred (quar.)___
'$ 20c
nnnnell & Mucige, Ltd., com. (initial quar.)
$25c
<61 convertible class A (quar.)_
7%c
Douglas & Lomason (quar.)
—___—
?5c
now
Chemical Co., common—
$1
S4 preferred
A (quar.)— u—
_
8P/4C
43 25 2nd preferred
(quar.)
75c
Dow'Drug Co., 7% preferred (quar.)—___
7erred
&
6%
1
J25c
(initial)
Foster-Wheeler Corp.,
1
5-
Dominion
'
3-29
When
Payable of Rec.
75c
Foster & Kleiser
Co., class A pfd,
Fostoria Pressed Steel
(quar.)
3-15
$25c'
——
common
Foreign Light
3-10
$25c
(quar.) ___
(quar.) __
(irreg.)
Foremost Dairies,
»
3-29
$50c
1
vtc
Common
Common
«i
New
3-31
$35c
Corp.
Machinery Corp.—
6 'io
$50c
_____
CHRONICLE
Share
Ltd. (s-a)
Forbes &
Wallace, Inc., $3 class
3-17
$43c
Company
Steel
Foothills Oil &
Gas,
3-30
45c
•
Food
3-15
t25c
Co
Corp
Follansbee
3-12
'
(interim)
Tar & Chemical, Ltd.-
Dominion
4-
37 '/a c
—
FINANCIAL
Per
Name of
8-10
3-27
(quar.)— —-_—
preferred
1
25c
____—
i-cume%re"e«ed (quar >
SSffiS S1!'ud? SSlMlKii
nion Square
9-
&
Holders
Payable of Rec.
-75c
(quar.)
(quar.)
Fields
nom
When
Share
of Company
flame
T1
THE COMMERCIAL
Per
TMotrmnd
D
•
(Maryland), 6% pfd. (quar.)
Corp
———
preferred (quar.)
7%
1
preferred (quar.)
preferred ($5 par) (quar.)
International Paper Co.,
common
$4 preferred
(quar.)
$5c
4-
1
3-
$1.50
4-
1
3-11
25c
4-
1
3-11
$1.06%
4-
1
3-11
75c
4-
1
3-15
International
Salt
50c
5-
1
4-15
International
Shoe
4-
1
tS1.75
1
3-25
7-
1
6-25
Interstate
10-
1
9-25
Interstate
5
Interstate
$3
4-15
4-
$50
3-29
3-10
35C
4-
1
3-15
$1.25
4-
1
3-18
$3
4-
1
3-20
4-
1
4-
1
3-30
3-
5
Co.
(irreg.)
Co
5
75c
$1
preferred (quar.)—
America (quar.)
$6
3-
4-
1
3-15*
4-
1
3-15
43%c
4-
1
3-11
$1.20
4-
1
3-20
4-15
3-22
,
Bakeries
Telephone,
3-30
75c
75c
———,
—
Silver, 7% pfd. (quar.)
Corp. $4.80 pfd. (quar.)
Department
Stores
iquar.)
1
'
50c
3-10
3-29
1
5-
(quar.)_
International
$1.25
$1.25
$1.25
5-
t83;c
——
7%
$1.50
75c
4-
1
3-
$1.50
4-
1
3-20
4
of
Investment
Co.
Investment
$1.50
4-
1
3-15
25c
4-
1
3-15
Foundation,
6%
Iron
convertible
Fireman
Quarterly
Quarterly
Ltd.—
preference (quar.)
Manufacturing
(quar.)—_
$75c
4-15
3-15
cOc
6-
1
5-10
30c
30c
9-
1
8-10
12-
1
11-10
fry!
.'>>/
(
1,
When
Par
Name
Maryland
preferred A (accum.)
—
6Va%
preferred (accum.)
—
6% preferred C ((accum.)
Irving Trust Co. (N. Y.) (increased quar.),
1%
Coal Co.,
Island Cieek
(initial)
com.
new
preferred tquar.)—
Jacobs (P. L.)
Co., 5% preferred
.Public Service, Ltd.
A (quar.)
% preference C (quar.)
Jamaica
5
(quar.)__
(quar.),,
com.
preference
(quar.)
pfd.
Jamestown Telephone Corp.—
6% 1st preferred (quar.)
5% preferred A (quar.)
Jefferson
3-15
Common
1
3-15
4Vi%
3-15
Mascot
3-
Massachusetts Investors Second
60c
4-
1
3-18
$1.50
62VaC
25c
x$1.75
xl>/4%
4-
1
3-18
4%
3-15
McCord
3-12
McKay
5-
4-17
McKee
Extra
4-
1
3-23
4-
6
3- 5
$1.25
$1.50
4-
(quar.),,
Natural
:
4-
—
prior preferred (quar.)
& Co.—
Corp.
—
(quar.)
Koppers Co., Inc., common
4% preferred
(quar.)
Kress (S. H.) it Co. (quar.)
2nd preferred
(John), Ltd.
Laclede Gas
$3.50
Meredith
4-
1
3-24
Mergenthaler Linotype
4-
1
3-24
Mesta
4-
1
3-15"
Metal & Thermit Corp.,
4-
1
3-15
Edison, 3.90% pfd.
Metropolitan Paving Brick Co.__Miami Copper Co—:
'
3-31
3-15
4-
1
3-15
Extra
4-
1
3-15
Michael
4-
1
dividend
$2
Midvale
Midwest
3-15
3-26
'.4-
1
3-12
4-
1
3-12
1
5-10
$1
3-29
3-23
1
1
1
11-
1
Class
7-15
10-15
A
4-
1
3-15
4-
2
3-22
50c
4-
1
3-17
Minnesota
20c
3-31
3-15
Mississippi
Common
Mitchell
A
Gas
A
3-20
3-15
Gas
(J.
Co.
(quar.)—
A
3-31
3-10
7%
preferred
4-
1
3-15
4%
preferred
4-
1
3-15
4-
.*
1
3-15
3-31
3-11
3-30
4-
1
1
Co.
(quar.),,
(increased quar.)
common
(quar.),,,,
•_
4-
1
3-15
3-81
Nopco
1
3-15
Normetal
4-
1
3-12
1
3-19
4-
1.
3-19
4-
2
3-
3
4-
1
3-19
7%
4-
1
3-
1
7%
4-
1
3-
J
80c prior
4-15
4-
1
44-
•3-15
1
Inc.
5%
(N.
North
American
North
Shore
3-20
North
Star
4-
1
3-
f
Northern
6-
1
5-10
Northern
4-15
:
3-15
3-13
3-15
4Va %
4-
1
.3-15
4-
1
3-
'
3-15
4-15
Northwestern
States
$75c
4-
1
3-
4
4-
1
3-
4
4-
1
3-
4
8%
4-
1
3-
4
Nova
'
lc
6-
3
5-15
4 Va
30c
3-29
3-10
5%
3-22
Murray Corp. of
3-15
Murray-Ohio
3-22
3-
Mutual
(quar.)
3 17
97V2C
Service
37VgC
12Vic
3-30
3-15
12 Vic
3-30
3-15
Old
2
3-17
Olin
3-15
Oliver
50c
4-
1
3-20
$2
4-
1
3-18
$1.50
3-29
3-18
$1.50
6-28
6-17-
preferred
(quar.)
$1.50
9-28
9-16
preferred
$1.50
12.28
12-16
(quar.l___
5-22
3-10
9-12
8-23
4-
3- 8
4.80%
pieferred A
(quar.)..__„
12c
12-12
11-23
1
3-17
60c
4-
1
3-
4-
1
3-20
4-
(quar.)
1
$20c
4-15
3-20
4-15
3-20
20c
4-
1
4-
1
4-
1
3-20
~
~
Marshall Field & Co.,
Co.,
4V4%
pfd.
common
(quar.)
6-
1
12-
1
11-15
15C
4-
5
3-20
40c
4-
1
3-20
(quar.)
$1.06Vi
3-31
3-15
•___
$1
4-
1
3-26
$1.50
4-
1
3-26
Breweries,
preferred
Cash
City Lines,
$4
,
(quar.),,
preferred
(quar.)
Register
A
Electric
common
(quar.),,
3-31
Ottawa
Electric
Ottawa
Light Heat it Power,
3-29
3-19
4-15
4-
1
3-26
3-
8
57Vic
4-1
3-15
Glass
Common
5%
Co..
4-
1
4-
1
4-15
3-15
3-15
3-
9*
J50c
4-
1
3-
5
Pacific
Can
4-
1
3-
4-
$25c
(quar.),
4- 1
4-1
'
-4-1
3- 1
4-1
4-15
4- 1
$1.12V*
Ltd.—
(quar.)
$$1,25
Co.
"
.
Co
20c
-
1
3-1
'
3-15
75c
3-15
Pacific
American .Investors,
$1.50
preference
Co.
4-
1
37V2C
4-
1
3-15
12VaC
3-31
3-22
4- 5
4-15
3- 4
3- «
3-l»
Inc.—
(quar.)(resumed) ___'
5
Pacific
Coast
Aggregates
4-15
3-31
Pacific
Coast
Co.,
Gas
4-
1
3-20
2c
5-
1
4-21
2c
8-
1
7-22
50c
3-2
,
3-15
2c
10-80
10-20
$1
3-31
3-22
Pacific
$5
Electric
&
Indemnity
Extra
Co.
Pacific
Lighting
Packard
1
3-25
4-
1
3-15
Pacific
4-
5
3-10
6%
Pacific
1st
5c
$1.25
pfd.—
(quar.)
50c
(quar.)
.
Motor
Public
50a
--4-
Corp.,
Car
Express
$5 preferred
Co.—
Service
Co
\
:
Telephone & Telegraph,
preferred (quar.)
common
4-
20c
$1
$1.50
1
-4-15;
3*2^
'
3-19
3-31
3-29
15c
'
(quar.)
4-^1
55c
$1.25
(quar.)
3-24
1
50c
Intel-mountain
4-
(quar.)_
non-cum.
_u,_„
Pacific
50c
(Hartford)—
common
4-15
1
4-15
$l5c
preferred
Railways..
Brewing
15c
50c
Co.
5-15
4-
25c
Pacific
(quar.)^
1
5-15
1
(quar.)
Paper
3-20
3-15
t25c
$$1.25
•
(quar.)
preferred
Oxford
.%/■ '-
—
Oswego Falls Corp., 4Va%
3-15
preferred
$1
Welding
Fire Insurance
(Va.)
3-29
Inc.—
(ouar.)
(quar.)
:
Corp.
/'
$$1.75
(quar.),.
(quar.)
Rubber
-
4- 2
J25c
com.
-r
3-12
1
4-
$2
.'
Co.
Ltd.,
4-15
$25c
3-10
3-13
(quar.)
Debenture
preferred
40c
(quar.)
Quarterly
National
&
5%
3-10
3-31
Ltd.-—
Products,
37Vic
(lrreg.)
Quarterly
Quarterly
National
Enameling & Stamping
National Folding Box Co._,
National
Loan
Steel
7%
3-31
3-31
25c
,
preferred
Ontario
O'Sullivan
'3-20
4-16
4"18
$1.50
;
(quar.)
Beauty Supply,
conv.
r
10c
preferred
Ontario
5
4-
3-31
5- 1;
5- 1
$1
50c.
(quar.)
common..'
Corp.,
$44c
(Maryland)
Ltd.,
87o
3-15
3- 5
3-18
3-23
3-25
^
30c
com.
preferred
Pabst
(quar.)—1
National
National
5-15
5C
(s-a)
Co., common
National
,
3-20
6c
Ltd.
preferred
preferred
Securities
Biscuit
7%
3-20
$1
Common
convertible
Nation-Wide
Inc.
2-23
4- 1
3-31
,*
25c
(quar.)
37Vic
Straus-Duparquet, Inc.—
National
6%
Omnibus
A
3-12
35c
Corp.
Co., $2.30
Mfg.
National
25c
(quar.)
Nathan
3-11
$17Vic
Corp
Nashua
Omar,
class
75c
(quar.)
Nash-Kelvlnator
8
convertible
3-31
25c
Utilities,
Carbon
&
Inc., 4% pfd.", A (auar.)
Filters, class B (irreg.)
United
35c
Corp,
Nanaimo-Duncan
6%
(quar.)
& Sons
Nachman
3-22
7
Ribbon
20c
Industries,
Ontario
6-12
(quar.)
Muskegon Piston Ring (irreg.)
Mutual System, Inc., 6%
pfd.
Myers (F. E.) & Brothers,_x
Town
Partic.
(Hawaii)—-
25c
pfd. (quar.),
(increased),,,
Old Line Life Insurance Co. of America
3-31
12c
4-
Co.
Service, 3.9%
3-8
3- 8
3-8
4- 1
4-15
$1.25
Public
12c
4-
(quar.)
/
1-
4-
Water
(quar.),,,
1 :
3-15
--,-1..
(quar.)
Ohio
preferred
4-
4- 1
4-1
25c
-
Ohio
preferred A
3-15
3-10
-$1.10
(resumed)—,
8-14
4.30%
3-31
3-31
5-15
4-
3- 8
3- 8
50c
3-15
4.80''0
4-15
Match
V 2-25
4- 1
3-24
1
3-10
1
Ohio
4-20
,
3-15
3-13
3-18
3-31
3-24
,'7
(quar.).,
preferred
r
75c
—.
1
3-31
4-
prior
•
75c
;
1
(quar.)
A
preferred
1
1
4-,
t25c.
(quar.),,
common—,—
common
3-20
1
4-
50c
——
Co.,
1
4-
'
t25c
(quar.)!
9-
3-31
„
Corp.
Realization, common
(quar.)^
Power
4-
/
$2
15c
preferred
%
-
3-12
3- 5
3-12
^ ;
6-
preferred
Telephone Co.
4-15
4-1
4-1
; 4-24
-
Co.—
'
Corp.
Finance
50c
(increased)
preferred
6%
(quar.),
,
40c
Cement
Co.—
4-
6%
3.20
3-31
Co.
pfd.
6-20
9-20
,12-16
3-26
3-15
3-6
4-12
7- 1
1
,3-30 /
..3-25
4- 1
25c
.6%
3-20
1
Mfg.
Chemical,
47c
1
4;
12-23
$1.75
6%
5
1
America,
7- 1
12-23
10-
$1.75
$20c
3-2
//v/V
3-20
6-20
12-16
3-20
25c
Ogilvie Flour Mills, Ltd., common
class A__,_
4.40%
$1.183/4
3-23
3-2
1
4-
40c
^(quar.)
RR.
&
Ohio
4-
1
Light
5-15
3-31
4-
Scotia
3
Munlsing Wood Products Co., com..(initial),
5% preferred (initial)
Murphy (G. C.) Co., 4%%. pfd. (quar.)
Murphy Paint Co., Ltd. (quar,-}
;
1
4-
10c
(quar.)__
6-
3-31
4-16
prelerred
lc
(quar.)
'
15c
1,
Ohio Edison Co.,
Mfg. Corp., class B
preferred (quar.)
preferred (quar.)
4- 1
,
■
15c
(initial)
Portland
Worcester
3-12
Co
3-31
3-31
/
50c
117V2C
(irreg.)
Co.
,—
&
3-29
3-31
7 v2c
Quarterly
Norwich
$1.25
Brass
3-10;
3-4
3-15;
3-15_
3-15
3-22 *
3- 1;
"3-31
87VaC
,
(accum.)____
(increased)
Ohio Brass Co.,
Class B
4-15
$1.75
Gas
Leather
3-15
$1.25
.
Natural
3-19
50c
(quar.)
(quar.)—,—
Northern
Northwestern
3-25
Mueller
/
•
4-1
3-30
3-31
20c
(quar.)
(irreg.),,
5
1
Extra
'•
4-1
;
-
3-12•
<
3-31
—
3-9
3-19
*r3-1.7;
.
4-1
,,■
20c
preferred
3-30
(quar.)
3-15;
Public Service—
4-
Co.
3-15
'
3-27
87Vac
Engineering Works
50c
___
- -
20c
convertible
$1.50
Haven
I
4-1
3-23
4- 1
4-1
Co.
Indiana
3- 8;
/3-18
3-16;
1
Corp.—
Ltd., 7% pid.
59%c
preferred
New
4-
each
for
Refractories
Gas
Oil,
(quar.),
$12.50
Y.)
preferred
Co.
80c prior preferred
80c prior, preferred.,—
1
•'3-20
'•'•3-15;
"
-4- 1
3-25
;
>5-
50c
■
^
1
3-10
3- 8;
/
.
25c
three
^
(irreg.)
Motor Finance Corp., $5 pfd. (quar.)
Mount
Diablo
Oil
Mining
&
Development
4%%
1
of
preferred
4-
1
1
4- 1
4- 1
>
87 V2C
3-25
112Vic
(resumed)
v
3- 5
44-
80c prior preferred—___________—20c
,
3-18
1
_
Electric
Finance
preferred
preferred
preferred
3-15
3-10
4-
held.,
Plan Bank
4-15
25c
7%
933/4c
J40c
40c
30c
20c
40c
$5c
——
dividend
Potomac
American
Paper Mills,
4-15
4-15
of
shares
10O
t$1.75
t$1.75
$25c
,
Liquidating
shares
North
4- 1
4-1
••
(quar.)
dividend)
preferred
(cash
$!
-
—
Car Corp..—
3-31
3-16
3-31
50c
-.
:——_——
Co.
Morris
3-15
20c
Partial
.
3-15
3-25
American
American
3-19 :
4- 1
/
Ltd.,(interim)
convertible
$2
•
quar.),,,
,
Co.^
Corp.,
Morris
3-29
1
North
3-25
1
:
Chemical
North
3-20
4-15
4-
Mining Co,,
-
____
4-15
/
•
933/4c
(quar.)^.
(quar.)__,
3-24
$7
50c
Extra
3-15
3-31
4-
'
$1.06V4
Rosario
2-
3-15
3-31
50c
Wire Weaving (increased
Noblitt-Sparks Industries, Inc..*,,
Noma
Electric" (quar.)—
3-16
3-10
4-
3-20
preferred
Nu-Enamel
3-17
4-
1
Pfd-
State Electric & Gas—
Y.
$3.75
Novadel-Agene Corp.
3-20
4-16
$1.12Va
$1.25
Niagara
3-15
3-10
1
N.
5
3-17
3-15
1
3-31
4-
3-17
1
of
5- 1
4- 1
3-31
22Vac
$1,75
(quar.)—.V„,—.
Cp.
1
1
4-
Trust
4-
1
1
York
4-
4-
4-15
New
15c
convertible
$7
30c
(quar.)_,_
Drop
43/4%
3-
3-31
\
.
(quarj,,
Honduras
59%c
4-
133/4c
Corp.,-common
preferred
Ltd,
$i,62Vi
• 50c
$1,75
$20c
t4&c
3-19
1
Co.—
(quar.)__,
Forging Co., com. (quar.)
preferred (quar.)—,
Moore (Wm.) Dry Goods Co. (increased quar.)
Moore
Mutual
(quar.)
Marshall-Weils
Works,
(quar.)
(quar.),
(quar.),
(quar.)
3-15
$1
Marlin-Rockwell
Martin-Parry
common
B
3-15
50c
Water Co., 17o preferred
(quar.)
Maritime Telegraph & Telephone Co., Ltd.—'
Common (quar.) ,1
6 %
preferred
4-20
50c
Marion
Marsh (M.)
7%
4-20
$1.25
(quar.),
Marine Magnesium Products Corp.—
Common (irreg.)
Mar-Tex
Moore Corp., Ltd.,
3-12
4-
$25c
——
<
common
Manufacturers Trust Co.
A
Montreal
3-15
1
4-
$1.07
(quar.)
Basket
Telegraph
3-20
1
3-31
$1.25
Magor Car Corp
Mahoning Coal Railroad—,.—,
preferred
Locomotive
4-
3-22
;
&
t7Vic
Mading Drug Stores,
$1
Montreal
37 Vic
—
Macy (R. H.) & Co., Inc
preferred
3-31*
3-15
4-
■
15c
62Vic
87Vic
(quar.)
$3.25 pfd. A
3-31
—
(quar.)
Corp.,
$3.50 pfd.
4-15
31 Vic
(Ky.)
—
Marathon
Co.
Monsanto Chemical Co.,
3-31
J.)
York
'
$1.05
(resumed)—
(quar.
Montgomery Ward &-Co.,
Class A (quar.),
9
3-31
4-15
Electric Corp., 33/4%
Industries, common
preferred (quar.)
4V4%
3-31
4-15
;
3%%
Newport
Newport
4-
20c
(quar.)
Equipment, com.
Chemical
4-15
Co., common.50c
preferred (quar.)—
933/4c
4-20
•'
,
common
preferred
(J.
3 31
3-31
35c
(quar.).—____
(quar.)^—_____
(Ohio)—
prior preferred
5%
3-31
4-15
5c
Fire.Insurance.___.
Telephone Co.
.4Va%
3-31
4-15
4-15
Fund
Trust
New
4-
(quar.).
Co.,
Mullins
M.), Ltd. (quar.)
Clock Mfg. Co
Lynn Gas it Electric (quar.)
MacFadden Publications, common
$1.50 participating preferred,,,
Mack Trucks, Inc. (irreg.)
MacMillan (H. R.) Export Co., Ltd.—
Class A (quar.)
Market
10-23
3-
(resumed)
common
Utilities
preferred
Auto
25c
(Walter
Mandel Brothers,
(quar.)
pfd.
Ltd.
Co.,
4-15
5c
London Northern RR.
Newberry
9-20
4-1
4-
$1
50c
$1.15
—
Ltd." (quar.)
Co.,
preferred
Monroe
7-24
1
$2.50
25c
$1.75
1.2Vic
,
Lux
1%
8-
62Vic
(quar.)————
55c preferred
$4.20
•5%
—
preferred ($25 par) (quar.)
Lowenstein (M.) Sons, 4 V4% Pfd.
B
S.)
Co.,
Paper
3-15
4-15
15c
(v.t.c.)
Service,
37Vic
Electric
A
(Robert)
Monroe
4-23
1
15c
30c
(quar.)
.
preferred
3-10
3-15
1
1
87Vic
—
(quar.)
—
&
1
1
4-
20c
5%
Class
4-
40c
(quar.),—
Ltd., com. (lrreg.) —
(Del.)
2-25
11-
37Vic
$$1
35c
.
Electric
3-30
—
4-
37Vic
(quar.),;
(quar.)
&
3-19
2 Vic
—
Power; $4.60
Gas
,5-
50c
25c
——
Common
Lowney
-
,
7c
(quar.),,
Louisville
5%
3-22
4-
30c
pfd. (quar.)—
preferred (quar.)
(quar.)
3-30
Montana-Dakota
Taylor (Increased quar.)—
(P.) Co., common (interim)——,
7% preferred
(quar.)
Los Angeles Transit Lines (quar.)
B
%
3-22
it
Class
9-20
1
Lorlllard
Class
2
4-
conv.
Cement Corp. (quar.)
Longines-Wlttnauer Watch Co., com.
$1,20 preferred
(quar.),—,
Lorain Coal St Dock, 5% conv. pfd.
Louisville
10-
7Vic
(quar.),,
30c
18%c
$1.75
t
15c
1
Lone- Star
Lord
x
3-22
3-20
1
3-25
15c
class
6-20
3-22
Extra
80c
3-20
2
1
1
4-
30c
30c
Co
Mills,
2
7-
1
Theatres, Ltd.
London Hosiery
2
4-
4-
—
Loew's (Marcus)
10-
25c
25c
25c
(quar.)
4-
,
Co.
6-20
3-19
__
tquar.)_
2
3-31
1
4-
$25c
B.
,
———-—
preferred (initial quar.)———.
Liggett & Myers Tobacco, 7% pfd. (quar.)_
Lima-Hamilton Corp. (quar.)——
——
Lincoln National Life
Insurance
(quar.)
Chain
7-
1
—,
75c
Inc.
3-20
25c
30c
(quar.)
class A——;
Class
Steel
1
2
5
5c
•—r.—-—■—
—
convertible preferred
4Va%
4-
1
(quar.),—
Ontario
series—,—
—
Clock & Watch
Haven
New
4-
4-30
3-10
4-
50c
,
9
56'/4c
) 25c
$75c
$50c
37Vic
4.9(J % preferred (quar.)
$1.22Vi
Modern Containers, class A (quar.)
$25c
Mohawk Rubber Co.__T
50c
Mojud Hosiery Co., 5% preferred (quar.),,,
62Vic
Molson's Brewery, Ltd. (quar.)—
$25c
Molybdenum Corp. of America—^
12Vic
Monarch Knitting Co. Ltd. com.
(quar.),,
$25c
4Vi % preference (quar.)
$$1.12Vi
Monogahela Valley Water Co.—
7 7o
preferred (quar.)___,
$1.75
37V2C
——
(increased)
Llpton (Thos. J.), 6r/c
series
&
Stock
Common
shares
Union
Newark
(quar.),,
5c
.
Loew's,
3-15
—_
3-17
Locke
3-
1
Inc., common,,:,—_—20c
preferred (quar.)——
56V4c
Milliron's
(D. J.)
(quar.)—
25c
Minneapolis St. Paul & Sault Ste. Marie RR.
3-31
$1
1
convertible
(quar.)—
_—62MiC
Clark (quar.)__
».+,
37Vic
Lang (J. A.) & Sons., Ltd. (quar.)—_—
$25c
Leath & Co., common
(quar.)—
—_
25c
$2:50 preferred
(quar.).
:
62VaC
Lefcourt Realty Corp.
(resumed),——
25c
Lehigh & Wllkes-Barre Corp. (quar.),
$2
Oil (quar.)
Lipe-Rollway Corp,,
4-
4-
Miller-Wohl Co.,
4Vi7o
3-22
50c
Co., common (quar.)
I
i__,—
Extra
4-15
2
preferred
prior
Miller Mfg.
9-15
58-
10-
1
'
—
prior preferred
$1 prior preferred
6-15
4-
25c
$1
Miller &
3-20
50c
±
Common
6-
—
Lion
shares
Common
preferred
Petroleum
(quar.)
3-15/
4-15
v
15c
r-—
—
(quar.):
preferred
1
1
Landers Frary &
Quarterly
Quarterly
.
(quar.)—
Hart, Inc.4 common,,,
4'/a"/o
4-
7-
(quar.)—
„•
Company ,,,—
Rubber Reclaiming—
5-
,
New
1
5
series
9
,
5-
4-15
9c
7o
4c
5c
.
3-
4-
5-10
5-5
1
,/8 %
3-12
5-15
4-
3-12'
3-
3-n
3-17
53Vac
*"
(quar.)
$2
1
3-15
1
3-15,
1
47V2C
pfd.
9
4-
3.
4- 1
S-15
3-
4-
5-20
3-15
3.
4-1
$1.12 Va
3-15
Midland
preferred
3-15
1
3-12
(reduced)
1
4-15
1
3-15
1
k
4-
4-
4-
1
Steel Products,
50c
t37»/ac
"
50c
,
25c
4-
3-10*
4-
preferred
3-20
60c
3-10*
3-30
4-
$2.40
1
50c
3-12
3-30
3-25
—
4
3-31
1
Common
4-
—
—
4-
$1.50
$1.50
:
$1.75
$1.75
$1.75
—$25c
,
3-22.
3-20
3. 5
■,
series
Bond
Mutual
National
3-
1
1
4-
3-23
30c
a,,_—
shares
First
.
l
ibc
common...——
—
4-
■,4- 1
3-31
8
4r
25c
j
series
3-16
3-31
7-3j1
37'/ac
Naugatuck Water Co. (s-a)_——_—
75c
Nehi
Corp.
(quar.)—,
25c
Neilson (Wm.), Ltd., 7% preferred
—
t$1.75
Nekoosa-E'dwards Paper (q.uar.).:___—•26c "
New Brunswick Telephone, Ltd.—
tl2c
New
England Electric System (quar.)
;i 25c
New England Gas & Electric Association-r4»/a% convertible preferred (quar.)
$1.12Va %
New England Power, 6% preferred (quar.)_,
$1.50 New England Telephone & Telegraph
$1
New Jersey Power & Light, 4% pfd.
(quar.)
$1
New Jersey Water, $4.25 preferred A (quar,)
$1.C6V4
New Hampshire Fire Insurance (quar.),
50o
(quar.),,
Mickelberry's Food Products—
Mobile
Lincoln
Metal
Steel shares
Bond
Associated Telephone Corp.—
Mitchell
Corp.,
3-12
3-10
3-17
3-18
Loan
1
3-31
3-20
Liberty
4-
3-31
6%
preferred (quar.)——$1.50
Michigan Bumper Corp.—,—
—1
*0c
$1.50
—
——
Ltd.
Automobile
Michigan
3-15
comraoit:;.;
Co.
3-12
2-27
3-20
Electric
1
2-27
1
Leland
Low-Priced
3-31
1
Lewis Brothers,
3-20
1
3.20'
5c
Speculative
3-31
'
2
$2,50
3-20
4-
3.15
8-16
amounts shown below are estimates of such distributions.
The
Low-Priced
3-18
4-
(quar.)
Sessions,
3-15
3-17
3-
l
1
Funds—
Trust
.3-20
.
3.15
44-
(quar.)—
preferred
4-
$1.75
"97Vic
10c
50c
7% pfd. (quar.)—
Bros.
4-
St
National
25c
10c
4-
Co.
Lamson
3.8%
3-15
3-30
—
—
25c
Lambert
3-22
3-30
4.12
3_15
1
(quar.)
common
4V»%
3-5
1
—
(quar.)
Co.,
Tea
3-30
—,?.5c
Co.,,
Co.:
Metropolitan
3-19
3-31
Machine
National
3
3. 5
3-31
1
—
Co.,
preferred
4-
87/ac
25c
preferred (quar.)
—
Publishing Co. (quar.) ———^
3-15
3-15
3-22
4-
y"0
1
1
Supply
4 Va %
12-
4-1
4-
Refining
Sugar
4-
10c
;
National
3-20
4-
25c
50c
Co., common,
1
1
—
pfd.
&
3-20
4-
2j>c
(initial)
National
9.3
1-2-49
$1.25
—_—
1
4-
15c
'
4-
$1.12 V2
—
4%
Merck
3-20
4-
5
g. 4
5-
(s-a)„
Machiney Co
National Stamping Co., 6% preferred (s-a)_
National Standard Co. (quar.)
National Steel Car Corp., Ltd. (quar.)
3-30
3C
4-
4-
Co
Industries
3-15
^
Light Co
Steel
__
—
50c
(quar.)—
(quar.)— 1
(quar.)
(quar.)
(quar.)
(quar.)
(quar.)
preferred
1
1
7-1
10- 1
4-
National Rubber
3-30
I5c
133/4c
35c
$1.06 k
—:
40c
$1
,
1st
4-
(quar.)
(quar.)
Merchants Acceptance, 80c class A
Merchants Bank of N. Y.
(quar.)
Extra
3-20
3_w
3.
25c
Co
National. Radiator
4-15
J1
(quar.)
—-—^—
Corp. com
—:
preferred (quar.)—,
Extra
3-15
1
'
3-15
3-15
4-
50c
Mengel Company
$2c
—-
Mfg., 4Mi'/* preferred A
Kroger Company—
.
'
6% 1st preferred (quar.)
1
7% 2nd preferred
7% 2nd preferred
1
$1.12V2
10c
>
20c
25c
—
Kroehler
6%
1
4-
3-15
25c
—
4Va % preferred (quar.)
1Kingsbury Cotton Oil Co. (quar.)
—-u.
Kingsport Press, Inc. (quar.),
—
King-Seeley Corp., 5% conv. pfd. (quar.)Kirkland Lake Gold Mining, Ltd.
(s-a)
1st preferred
3-13
3-13
4-
$1.25
$1.25
25c
$1.75
$1.25
50c
25c
30c
37y20
37MiC
$U2Va
25c
5°c
50c
$1.50
(quar.)—
com.
2nd preferred
6%
3-15
1
3-31
1
1
15c
(quar.)
& Type Co., 5% pfd.
National Pressure Cooker Co.—
New common
(initial quar.)—
3-18*
35c
(quar.)
Copper Corp.
Special
Kerite Company (quar.)™———
conv.
1
4-
3-30
4*-
Bearing
Motor
3„12"
1
4-
$1.12 Va
$1.25
(quar.),,
com.
National Paper
3-31
1
(quar.)
B
preferred
(quar.)
preferred (quar.)
5%
4-20
4-
common
4 Va %
National
25c
—
3-26
3-31
Co,;
preferred
6%
3-15
4-1
°ic
—
McQuay-Norris Mfg. Co., common
4 Vi7o
preferred (quar.)
Mead Johnson & Co. (quar.)__
l
(initial)——
Lead
44-
.$15c
r„
tl5c
tl5c
(quar.)——25c
$1.50
National Linen Service Corp.,
3-15
1
" $1
,
Kennecott
Kimberly-Clark
3-18
5c
(quar.)
(Walter)
5
(quar.)
B
National
3-31
1
4-
15°
r—•—;
8
4-
,0if
62 Vac
35c
Candy
conv.
A
Class
8
3-
Inc.—
& Robbins,
preferred
5 Vi %
1
20c
(quar.)..,:
Co.,
$4.50
preferred
France
4-
$1.25
$1.50
—1—
Keyes Fibre Co., 6%
4-
Ltd.—
_
B
Kendall
3- 5
1
4-15
common
—
preferred (quar.)
Machine Co. (quar.)
(A. G.)
& Co., class B_
McPhail
Gas Co.—
,,
preferred
$4
Corp.,
3-
4-15
20c
-
(quar.)
(quar:),—
preferred
i-,-
McKesson
"
—
(quar.)
Stores
McOrory
—
class A_
$2.50
Corp.,
$3.50
3-12
1
(quar.)
Co.,
preferred
$1.75
:
Drug Co., $4.50 preferred (quar.)™
Kaynee Company, common (quar.)
—
7% pieferred (quar.)
■.
Keith (Geo. E.), $5 prior preferred (quar.)1,
$2 junior prior preferred (quar.)—_—_
ICelley Island Lime & Transportation Co.__
Kelling Nut Co., 6% preferred (quar.) —
Kelsey-Hayes Wheel, class A (quar.)—:—
La
3-15
1
50c
Katas
Laclede
1
3-26
$1.75
(quar,)
.
Extra
Labatt
44-
T*'0
Common
7%
3-15
3-26
5% preferred (quar.)
$6 preferred (quar.)
Electric,
&
Kansas-Nebraska
4%
3-31
3-12
preferred (quar.)—
Kidde
2-27
3-15
Quarterly
Kansas Gas
Class
1
preferred
Class
2-27
3-31
5% conv. pfd. (quar.)—
12VaC
McBee Company (quar.),,
:
McCaskey, Register, 4 Vi % preferred (quar.) ,$0.140625
McColl Frontenac Oil Co., Ltd.—
25c
Kansas Electric Power,
$5
Max Factor & Co.,
2-27
3-26
Quarterly '
7%
4-15
2-27
7%
(quar.),,—
3-15
Holder*
Payable of Rec
115c
t37Vac
tl5c
tl5c
National
3-25
37Vic
common
1
McAleer .Mfg.
A
$1.50
3-15
3-31
Works,
1
4-
933/4c
Class
(
4-
3-29
Jones & Laughlin
Fund—
3-15
1
3-25
lc
'V——
Alkali
Class
Grocers, Ltd., common (quar.)—
prelerred (quar.)_
Hosiery Mills, Ltd., class A (quar.)
A (quar.),—,-—
——™—
1
When
Share
Company
Name of
4-
Irregular
50c
37ViC
$1.50
(quar.)
—1—
3%% pfd. <quar.)_—
& Shinkle Shoe Co.—
!
4-30
$1.50
$1.25
—
Co
Mathieson
Stephens
Steel, common
5% preferred A (quar.)
Joplin Water Works, 6% preferred
Journal Publishing Co. of Ottawa,
Oil
4-
$1.25
Inc.,
Co.,
8
Per
Holders
4-
$1.12 Vi
1
Monday, March 22, 1943
Payable of Rec,
,0i/C
—
(quar.),,
1
^
National
Dry Dock Co.—
(Increased)
(quar.)—
preferred
4-
—
_
Share
Company
4-
.—:
(reduced)
shares
Tea
Johnston
1
4-
(reduced)
common
preferred
7%
Jewel
4-
Co._——:
Electric
Jenkins Brothers,
Founders
$5
Supply,
Water
Jamaica
$1.75
$1,62'/a
$1.50
20c
__
$6
7%
Name of
Power—
Light &
Electric
Iowa
When
Per
Holders
Payable of Rec.
Share
of Company
*
w
FINANCIAL CHRONICLE
&
THE COMMERCIAL
(1300)
48
'•
1)
'?+
*
'
-
3- <>
3-29
3-19
3-31
4-15
3-31
Volume 167 ' Number 4683
THE
948
of Company
flame
Ipfdera
Per
pficalet
$2.50
Common ,
3-12
13- 5
3- 5
3-15
5%- convertible
3-15
preferred
Utah ' Consolidated.
3-20
7-3] •
3-15
140c
3-20
5
3-20
3-15
3-15
3-15
3-17
Common
3-17
5
4-1
3-15
3-
$1
4-
4-
3-24
1
3-
4-
1
3-15
4-
1
3-15
3-26
2-13
20c
3-26
3-15
4-
3-19
$1
1
3-24
3-17
50c
4-
50c
4-1
3-
40c
4-
1
3-12
10c
4-
1
1
3-15
><quar.)
preterred
$5
3-20
40c
4-
1
Perfect Circle
1
3-12
30c
4-
1
3-10
4-
1
3-10
4-15
3-20
50c
52c
4-
1
4-
1
4-
1
$2
3-15
4-
1
3-
4-15
3-
''37 Vic
3-22
1
3-31
3-20
4-
1
$1.06 Va
4-
1
>
I
Philadelphia Electric Co., common
1';
$1 pre.erred
(quar.)__
"
♦
.
(quar.)
(quar.)__~
Mfg.
Co.
4-
1
3-23
3-15
$1.75
(quar.)*—
f 3-25
3-31
of
$5
preferred
7%
Publication Corp.,
Common non-voting
Publicker Industries
1
33-
1
4-15
3-19
&
$5 prior
56'/4c
Puget
Pure Oil
Co., 5%
preferred
t$4
$2
Co.,
scores,
voting
(quar.)
Knitting Mills,
-
.
no
Renfrew
Reo
6%
/
-
-
\
t,
Preferred
^Public
*
_
Natural
3-26
Shuron
Sick's
4-21
3-31
Sllverwood
4-
1
3-15
1
3-15
4-10
3-12
5-31
5-
1
t
4-15
1
3-
4-
1
3-15
60c
4-
1
4-
1
4-
8
4-
2
5
3-
-
5
3-18
3-
1
(qliar.)
—-—-—t
$1.25
4-
1
3-15
4-
1
4-
1
4-
1
3-
1
3-19
3-
3*
3-31
3-15
6-
5-14
1
9-
1
8-13
11-12
t40c
12-
1
4-
1
3-19
35c
4-
1
3-26
40c
4-
1
3-19
87 %c
4-
1
3-16
25C
4-
1
3-
4-
1
3-
9
$1.12%
4-
1
3-
$6
pfd.
*i"+isp
tl5c
4-
1
3-
8
15c
15C
'
50c
3-13
4-
1
3-13
1
4-19*
1
3-12
1
6-
1
5-14
4-
1
3-20
4-
1
3-20
50c
$1.25
South
South
8%
$1.75
9
$1.13
3-31
3-12
5-
4-15
Southern
10c
$1.37%
(quar.)_—
b-
1
4-15
common
4-15
6%
3-17
1
4-
1
3-16
4-
1
3-10
4-
1
3-18
3-31
3-19
3-26
3-16
3-22
4-
;
3-
2
3-
2
2
4-1
3-15
59%C
3-31
3-15
ttl.75
(quar.)
5-
1
4-
4-
9
1
3-10
35c
3-31
3-19
t20c
3-31
2-27
*15c
—
4-
3-10
1
4-
1
3-10
$$1.25
4-
1
3-10
10c
25c
5-15
4-15
4-
1
3-15
—
$1.25
4-
1
3-15
-J—. —
(quar.)
3-31
4-
62 %C
30c
pfd, '(qutfr.J__
1
'
1
3-1
3-15
4-
1
3-30
3-19
3-16
4-
1
3-12
4-
1
3-12
$1.12 72
■
50c
4-15
4-
4-
3-15
1
1
25c
50c
6272C
—
3-31
5
5
4-
1
3-18
20c
4-
1
3-10
—
50o
4-
25c
3-30
15c
4-
*
—
1
9
3-10
3-16
'
1
3-18
$1.13
4-
1
3-18
t$5
4-
1
3-16
—
50c
5
40c
4-
1
common-——
35c
7 4-
$4
preferred
(quar.)
—<■*
Sylvanite Gold Mines, Ltd. (quar.)___
Tacony-Palmyra Bridge com. (increased quar.)
$1
'4-
1
3-19
tl7aC
4-
1
2-14
Swift
&
(quar.)
Electric Products,
Sylvania
Class
57*
A
(increased
preferred
Talcott
—
______
Co.
20c
$1.0674
—-
.
$1
3-15
3-17
15c
4-
3-15
56 74C
4-
3-15
t25c
4-
Extra
.'
Gas
25c
3-25
3-
8
3-24
3-
4
common—__
35c
4-
1
3-10
—
$1.02 7a
4-
1
3-10
________
$1.06 74
4-
1
3-10-
10c
4-
1
3-15
4-
1
pfd, (accum.)—U—
Transmission,
preferred
preferred (quar.i
Products & Chemical
preferred
&
Oil
(quar.)
3-15
3-15
Corp.—
(quar.)
(quar.)
Pacific
&
3-15
1
4.25%
Co.
1
1
4.10%
Texas
44-
Tennessee
Texas
25c
4-
Corp.
Tennessee
3-12
30c
conv.
Tennessee
3-12
4-
10c
—
Temple Coal $6
4-
25c
——_
Corp.
Texon
3-12
t5c
(quar.)
Taylor Instrument Cos. (quar.)_——
Telecoin
1
t50c
preferred
75c
-
Railway.
Co. (quar.)
3-
5*
$1
3-31
3-24
10c
3-29
3-10
50c
4-
1
3-20
25c
4-
1
3-20
4-
1
3-
______
Land
Textiles,
Inc., common..—————
preferred (quar.)_—
47*
3-15*
'
3-31
5-
com.
(quar.)
(quar.)
(G.), Ltd., common (quar.)__;__—
Extra
87*
3-19
$1.25
preferred
Tamblyn
4 7*
1
3-31
$1
■
2-27
___—__———
(James), Inc.
4%7*
4-
'
1—
quar.)__________
(quar.)
_____
Textron, Inc.,
com. (stock dividend). ? One
$1.25 convertible pieferred
(quar.i—
Thermatomic Carbon Co.' (quar,) ________—
Thermoid Co.
Third
(stock dividend)
Canadian
Ltd.,
General
Investment
74%
Tide
Water
$3.75
B
--
Quarterly
Tobacco
Tobin
3-15
6-15
50c
4-10
3-31
3-10
30c
for
1
4-
1
3-19
3-20
$25c
4-
1
4-
1
3-
25c
4-
8
3-23
7-
8
32 7sC
—(—
'.(final)
11%C
______
Insurance
Co.
(annual)--,
$25c
Trusts Corp... (quar.)--^-,. ;
Works, Ltd., common (quar.)_
4-1
4-
6:
$$1.75
participating class A
5-14
1
4-
3
3-15
3-15
4-1
$15c
4-
1
4-
1
•
3-12
3-15
1
4-
2-20
3-15
3-15
3-31'
$15c
(quar.)
r,
,
3-15
3-15
$15c
Mortgage Co.
Finance
Corp.,
1
3-15
4-
1
3-15
45c
4-
1
3-18
30c
_______
4-
$$1.25
(quar,).,—
Torringtoh Co.
—:—
Towmotor Corp. (increased)
—;
4-
1
3-19
Ltd.—
$$1.12%
Products
Products
•
;
1
$15c
L_
2-20
3-22
'$1.75
Special
Toronto
9-16
:
3-22
-
15c
(quar.)
common
General
Iron
6-23
9-30
,
$1.25
pfd.
4-10
4-
1
3-19
62 Vac
4-
1
3-15
4-20
Troy & Greenbush RR.
3-19
Tuckett
Tobacco,
(quar.)
(Dallas)
Ltd.,
Association
77*
pfd.
25c
5-15
5-10
(s-a)
(quar.)
25 c
8-10
8-10
25c
...
4-15
3-15
4-15
$1.50
—_____
5-15
1
3174c
pfd.
Quarterly
$30c
4-
(quar.)
(quar.)______
(quar.)
Trinity Universal Insurance
$$1.50
1
Co., Ltd, American
deferred
registered
Edison, 4747* preferred (quar.)—$1.06 74
$1,06 7.'
$10c
Ltd. (interim)—
'Special
3-18
$7%C
Bros.,
Toronto
3-18
4-
40c
-
(quar.)
Toronto
1
4-
93%C
—Z
registered
General
3-18
3-10
3-31
25c
Co.,
1
4-
—$1.06 7i
_______
receipts
3-15
Oil—
___/
Toronto
60c
1
1
25c
pieferred
Tooke
44-
6-25
3-31
—
Packing
Toledo
t20c
£25c
(quar.)
Securities Trust
Deferred
3-15
5
$1.12%
(quar.)
(quar.)__
Associated
3-22
4-
50c
(extra)
preferred
8
3-31
50c
—
pieferred
0.
$4
5%
Trust,
(quar.i.
Quarterly
+
Thor Corporation
Thrift Stores, Ltd. (quar.)——
Thrifty Drug Stores Co., 47a% pfd.
4
3174
.
common
Quarterly
Ltd.—
3-25
4-24
4-
J
Corp,
3-
1
20c
3-15
Co.,
Corp. $6
3-
4-
25c
3-25)
4-
Treesweet
3-31
3-1)
3-15:
1
1
Tri-Continental
3-31
4-10
3-31
4-
,
4-
3-12
27c
3-17
$1.25
—
3-12
37 %c
6-lt
25c
—_______
(quar.)
3-10
1
—
1
4-15
(quar.)
3-31
Co.—
7-
25c
Co.
4-
1
3-15
437*0
—
Trico
(s-a)
1
1
25c
Superheater
Traders
—— —*-■
—
2-26
'
44-
;
25c
.1
preferred (quar.).
Superior Steel Corp.
7%
$1
(quar.)
..
9
3-29
3-19
.,3-25
J2%C
56c
—
9
4-10
$1.37
(quar.)
25c
3-1^
3-
20c
3-19
3-16
1
56c
Corp.
(final)
3-
4-1
3-31
deposit
1
3-16
4-1
12 %c
15c
3-10
1
3-31
v
87 %C
3-1&
3-15
4-
12-15
3-
3-12
4-
9-15
12-31
3-
1
3-31
9-30
$1.25
20c
;common
6-15.'
6-30
$1.25
1
3-30
3174C
quar.)
*—
3-15
4-
3-29
4-
12 %C
—
Power Co.,
3-15
3-31
4-15
3-23
127aC
Co.
3-15
3-31
Sunbean Corp.
(quar.)
Sunray Oil Corp., common (quar.)_
4 7i% preferred series A
(quar.)__—
Sunshine Mining Co. (increased
quar.)__—
IOC
50c
Edison
(quar.)
3-31
3-31
,
Gas—
ta-r-
1
25c
Chemical Corp.,
common—
$4.50 pieferred A (quar.)/
Sun Life Assurance Co. of
Canada—
Increased quarterly
50c
/quar.)
(quar.)
— — — —
$15c
_—_____
Textiles,
convertible
3-18
'3-33
$1.25
—________—
47*
3-30
L
Stokely-Van Camp, Inc., common
5% prior preierence (quar.)
Stone Container
Corp
Strawbridge & Clothier $5 pfd. (quar.)
Stromberg-Carlson Co., common (special)
Studebaker
5
4
3-
4-15
$1.25
7%
3-15
r
com.____
—
Corp.
(quar.)
Stix Bacr & Fuller
5-
4-
3-31
,
75c
(quar.)
preferred
(quar.)—.—
Stewart-Warner Corp.:
25c
A
Telegraph
(quar.)
4-30
4-30
10c
com.
'
5-15
'60c
t>
Quarterly
*50c
t50c
Co.—
&
'1
.
35c
Tip Top Canners, Ltd. class A (s-a)
Tip Top Tailors, Ltd. <quar.)____
Tishman Realty & Construction Co.—
Quarterly
25c
$1.25
pfd.
(quar.)
4-15
5-15
———
——1
3-93
•
(Boston)—
Timely Clothes, Inc.-
(quar.)_
.___
-4-10
(quar.)_^
3-10
3-24
pfd. class A
■
I
3-%*
tlOc
preferred
Common
——
3-
1
Engineering
Thomaston Mills
(quar.)—
5 7*
w —— ——
preferred
4-
25c
;
preferred
(quar.)
preferred (quar.)
4-26
3-15
i.12%
25c
(quar.)
Sugar
Atlantic
Canada
3-15
3-15
Canada-
preferred
California
Southern
.
1
1
3-31
40c
♦
Original
4.327*
1
44-
15c
—
Urn
3-10
25c
Pittsburgh Water, 472 7* pfd.
South West Penn Pipe Lines—
Southern Advance Bag &
Paper—
Increased quarterly
&
3-30
50c
South
Extl's.
3-17
20c
preferred (quar.)
Southern
3-31
*20c
(quar.)
(Increased
Rico
3-17
t30c
Electric
Oil
3-10
3-31
—•——
convertible
Penn
3-25
3-19
1
$1.50
common
Porto
4-10
3-31
4-
$1.25
quar.)
preferred (quar.)—
preferred
3-11
3-25
Dairies, Ltd.—
Stores
Carolina
3-20
t50c
Ltd., class A
Sorg Paper Co. 5%%
5%
9
4-10
65c
(initial
conv.
3-
10c
—
Sonotone Corp.,
7-16
75c
Smith (L. C.) & Corona Typewriters^
Corp.
(quar.)——
Snyder Tool & Engineering
Society Brand Clothes
Drug
5-
4-16
-•
4-
(initial)
(quar.)
—
Rayon,
Common
1
35c
Snap-On-Tools
Sommers
3-17
1
8-
40c
(quar.)——
Corp.
4-1
5-
4-
(quar.)
of
3-10
$1.1272
(ouar.V—.——
(increased (quar.)____
Co.
1
15c
—
A
4-
c
(quar.)___
(quar.)
preferred (quar.)———
Q
62 %C
"^/8
1
85c
(quar.)
prior preferred (quar.)—
Smith (Howard) Paper Mills, Ltd.—
South
3174C
l
4-
83 %
—
(quar.)
—
3-15
5%
—
3-10
917jC
com.
Common
t40c
dividend)-
1
50c
(quar.)
5 7*
4%
1
:t40c
------
4-
(quar.)__
pfd.
preierred
Gas
■
Inc.—
$4.50
—
3-12
4-
25c
—---—
6-15
27 %c
Shares
Dairies,
Oil
3-15
1
4-
;
20c
-
6-30
50c
(quar.)_
(interim)
Skenandoa
5-25
25c
—
3-15
______
A
preferred
preferred
Simplicity Pattern Co.
4-
$1.75
y
(quar.)
(quar.)
Gas
(initial)
B
3-15
4-15
27 %c
3.357*
preferred
preferred
Sinclair
'
A
pfd.
Optical Co. (quar.)______—_.——
Breweries, Ltd. (interim)
Class
3-22
40c
(quar.)
Silverwood Western
5%
3-12
50c
(quar.)
preferred (quar.)
3-19
1
1
4-
—
(quar.)
$3.40
Williams
3-10
4-
T
4-
50c
—
Common
7 7*
3-15
3-15
3-
(quar.)_l___---u._____~.
Stern
3-2ff
1
(quar.)_T—
Sun
(quar.)
_____——
(quar.)
-
5Vs>%
Corp., common
preferred (quar.)__—
4%%
3-15
3-31
$1.25
Shellmar Products
1
50c
•
A
preferred
Sherwin
1
75c
Steel
3-31
12 %c
—
—
class
4-15
1
common
Fund,
preferred
3-10
2-27
4-
50c
(quar.)
.
A
Oil &
4-
9374c
—
fouar.t-
Textiles, Ltd.,
3-10
3-23
4-
3-31
&
4-15
4-
—
3-11
Association,
Sharp & Dohme, Inc. (quar.)
Shattuck (Frank G.) Co. (quar.)
•Shawinigan Water & Power—
A
47*
1
A
Lithograph
preferred
47a/«
47a%
3-26
t317»C
(quar.)_
Products
Stern
"Z
•
3-11
Loan
,
3-18
4-
4-15
*
.
Sterling Drug, Inc., 3%% preferred (qu&r.)_
Sterling, Inc. '(quar.)
Sterling Motor Truck.——
3-10
3-18
$5
common—.!
American
15c
.
1
i1
Corp.
(irreg.)
:—
Selected Industries $5.50 prior
pfd. (quar.)__
Extra
(quar.)—-
—
preterred
3-23
3-31
f25c
(quar.)-
Ltd.— '
Selected
87 %c
pfd. (quar.)
(quar.H—
Motors, Inci (quar.)__.:
Republic Investors
6%
2-27
2-27
$1.50
-
Stock dividend for
$4.50
1
3-31
$2
—,—
Corp. (quar.)Co.
(111.) —
preferred (quar.)
Rand. Inc. com. icnsh
•
4-
75c
—
Reliance Mfg.
_3l/2% conv.
A
1
3-31
$1
(Robert) & Co., $1.25 prior pfd. (quar.,
1<
Reliable Fire
Insurance (Dayton)
(quar.)
Reliable
^„1( Stores
Remington
3-19
•.
4-
$1.25
conv.
preferred
class
servel, Inc..
25c
preferred (quar.)—
non-cum. pid. (quar.)——1=
uuu-cum. pfd. (quar.)—
—a
1
444-
$1.10
Seeger-Refrigerator Co.
Seiberling Rubber Co. 4V27* prior pfd. (quar.)
57*
3-20
"$7c
common
Securities Corp. General,
$7 preferred :
Shamrock
—
—
...
Oil
Securities Acceptance
Corp. (umana)
2-27
—
———
$2.40
(quar.)
Scudder Stevens & Clark Fund
(irreg.)
Seaboard Finance Co., com.
(quar.)
$2.60 convertible preferred
tquar.)
Seattle Gas Co.
6% pfd. (quar.)
3-15
50c
(quar.)
Co„__—
—————a-—
$1.60, non-cum.
51.60 non-num.
$1.60
5
series
3-31
2 7a%
—
(quar.)
$1
3-26
1
Ltd.—
preferred (qyar.)
Steel
3-12
$1.25
_
1
1
5-
12 %c
preferred
5%
•'
3-12
Railway C<l=-
Co.,
preferred
$4.50
1
3-31
'
Tidelands
Scruggs-Vandervoort-Barney
4-15
l&c
Corp.
«%% pfd.
Co.,
35c
$1.25
Inc.
/Bit
4-
50c
—
dividend)-
—--•v---'-
Brothers,
Reis
3-15
4%.% ,preferred A ,(quar.)_- $1,183/4
Corps.
"egent
3-
$1.75
•
Reece
3-26
4-1
$1.25
—
Reed, Roller
3-12
1
4-
3-31
44-
93Y4C
class
5%
..
3-20
75c
25c
(quar.)
Ltd.
preferred
3-26
t25c
57*
'
3-10
(quar.)_«——_—
A
Co.,
Sharon
—
Real Silk
Hosiery Mills—
7% preferred
(quar,)
Reeves
3-25*
4-
$1'
—
3-10
1
1
$5
Refining (quar.)
Electric
50c
(increased)
preferred (quar.)
Rayonler, Inc^,$2 'preferred
Reading Co a. 4% 2nd pfd.
Reading Tube Corp., class A
\jwi
5
30c
Quebec Power Co.
(quar.)———•—
Radio
Corp, < of America—
$3.50 conv.. 1st
Purirsa
4-
4-15
10c:
(quar.)————
Raytneon Mfg. Co.,
3-12
3-15
,
(stock
Fund
Radio-Keith-Orpheum
Ralston
1
1
Light—
conv.
pfd.
4-
4-15
5-
n-'/2C
,
Pyle National
Co: com.
(quar.)
8% preferred(quar.)
Quaker Oats
Co., common-——
6%
3-19
3-12
1
1''
preferred (quar.)
Sound Pulp & Timber
Putnam (George)
4-15
4-
75c
v
1
4-
4-
tllYuC
1$1.75
—
(quar.)
Mfg.
$3.65
5
3-31
175c
—
com.
Puget Sound Power
of
Atlanta
Paper
Scovill
Scranton
——
—
common
Scott
3-31
3-15
4-
&
preferred
4-15
45c
—
(quar.)
5'/2%
3-31
Oklahoma—
(quar.)—
preferred
3-25
4-
40c
5%
3-26
3-2*
1
$25c
Co.
Stecher-Traung
$1.25
Remedial
.
3-15
4-15
3-10
3-10
$1.25
(semi-annual)'
Water Works,
Schwitzer-Cummins,
3-18
3-10
1
3-31
3-31
4-
$56 74C
______
-—
3-25
3-2$
10c
.
Irregular
3-30
4-15
1
25c
tquar.)___—
Materials,
State Street
Investment Corp.
4-
1
4-
187»c
com.___
;
S.)
3-16
5-
$1
'(quar.)
Standard Stoker Co.
(L.
3-31
$1
preferred—
Stedman Bros.,
$1.12%
25C
Stanley Works
Starrett
3-15
'
(initial)
conv.
3-25
3-15
1
*
(quar.)!__
common
(quar.)___
Radio, Ltd.,
Standard"Silica Corp
3-10
^
5%
preferred
Savannah Sugar
3*
3-
1
50C
(quar.)————.
(quar.)
(increased)
A
preferred
15c
(irreg.)
4-15
$4 preferred (quar.)
Co.
——-—
Steamship Corp.,
partic.
•
;
Participating
3-19
3-30
& Sons,
Standard
3-19
1
R.)
50c
Mines, Ltd
3-8
22 %c
—
1
4-
*1.12%
series
1
30c
Seismograph Service Corp. (quar.)
_-
4-
15c
Extra
$2.50
Public Service
Electric & Gas—
$1.25
pfd.
5
4-
Common
3-15
..V.: $1.25
3-15
4-13
4-
Partic.
3-19
(quar.)
com.
Jose
Savannah
t$1.50
——
1
1
30c
Francisco
Ltd.
3-15
106
—
preferred
San
3-15
1
Y.) —
.
share
common
held.
San Antonio Gold
45c
—•
Providence
•
each
4-
1
__________—
(monthly)
vjuununyj
for
Sangamo Eiec-ric Co.
4-
.
4-
3-22
$3c
33/«7* preferred A
Standard Paving &
•
4-1
4-
1
1
47 7a C
3-20
1
Dome Oil Corp (stock
dividend) —
distribution of voting trust certficates
A
4- 1
—
Providence Gas Co,__
Providence Washington Insurance—
Increased
Quarterly
'__
Public Service
Corp of New Jersey—
Common (quar.)
Salt
31V4c
.
1
5-
$1.25
"
Louis Southwestern
Ry.—
5% preferred (resumed)
3-15
4-
.
.4-
iroc
4-
4-
Co.—
3-20
3-15
$1.12 7a
.
St.
San
$1
—
1
preferred
preterred
3-10
62 V2 c
—
(N.
1st
3-10
5c
Pratt & Lambert,
Inc.—u
Pressed Steel Car,
4%% pfd. A (quar.)
Preston East Dome
Mines, Ltd. (interim)—
Price Bros. &
Co., Ltd. (increased)———_
Procter &
Gamble, 8% preferred (quar.)
&
Worcester RR
Public National Bank
& Trust
non-cum.
1
40C
_—
4-
Regis Paper Co.
15c
______
(quar.)
4%
5%
St.
50c
—
___
3-10*
50c
6
4-21
3-10*
1
—
4-
15c
________
preferred
Common
4-
3-10
1
1
....
(quar.)
•:,4- 1
25c
4-
4-
.
3-15
(Dallas) —
Participating
4-
162 7a c
1
$1.50
1
Standard Fuel, Ltd.
47a % pfd.
Standai-d Oil Co. of Ohio—
15c
v
8-13
4-
.
4-15
$3
3-22
t50c
9-15
$2
40c
(E.
1*
'
—
3-22
1
—
3-15
1
1
Saguenay Power, Ltd., 4%% pfd.
(quar.)
1$ 1.06 7»
St. Joseph Light &
Power, 5% pfd. A (quar.)
$1.25
St. Louis
Rotky Mountain & Pacific Co.—
3-16
4-
_____—
..
/•
1
4-
t50c
(quar.)
preferred
3-15
4-
$1.25
(sa)
$1.25
Standard Factors
Corp.,
75c preferred
(quar.)
Standard Fruit &
3-11
4-
5-1*
Standard-Coosa-Thatcher
29|Jc
—
common
Ltd.
1
4-10
3-30
50c
__
4>/a%
(quar.)
Industries,
4-
5c
1
6-15
—
Squibb
3-17
15c
(quar.)
preferred
5%
3-20
$1.75
Pocahontas (increased)
(H..K.) Co., Inc. 5%. pfd.
(quar.)__
Style Industries, Inc. (quar.)—____
Portland General
Electric—-——
Portland Transit
Co., 5% pfd. (quar.)
Potomac E.ectric
Power, 3.1-0% pid. (quar.)
Common
(quar.)
Power Corp. of
Canada, 6% pfd.
.
3-29
1
Creek
preierred
3-12
75c
Portis
6%
1
4-15
__—___
Public Service Co,
.
3-15
4-
$1
$1.50
preferred
Co.,
Co.,
preferred
7%
3-15
3-19
:
(increased quar.)
Go.___
non-cumul.
3-19
r
1
4-
$1
Porter
6%
3-15
3-31
_____
(quar.) y
Plymouth Oil Co.
Pond
1
4-
40c
—
2-25
3-15
3-
Electric—
Springfield Fire & Marine Insurance
Square ^'D" Co.
2-25
3-24
3-15
1
$1.25
(increased)-———
3-24
4-
4-
3-22
Springer Sturgeon Gold Mines, Ltd.
(interim)
6-15
9-15
1
&
3-31
$1
(quar.)
preferred
(quar.)
Southwestern Life Insurance
Increased (quar.)
Speer Carbon Co
:
3-15
1
1
25c
Safety Car Heating &
Lighting Co. (quar.)
Safeway Stores, Inc., common
(quar.)
5
53 7s c
________________
Pittsburgh Plate Glass Co—
Pittsburgh Screw & Bolt
Plough, Inc. iquar.)
Polaris Mining
4c
(increased)———_
Inc., $4 pfd. (quar.)_____
Atwood*
5
C.)
1
7-
25c
(quarJ
(Jacob)
4-
10-
75c
(cruar.)__
5 7*
9-15
$1.75
A
Southwestern Gas
6-15
—
(F.
4.40%
Pittsburgh, Pt. Wayne & Chicago Ry.—
Common
(quar.)—____________
&
3-
3-
3-30
25c
Pillsbury Mills,
Pitney-Bowes, Inc., 474%' pfd. (quar.)_____
Pittsburgh Bessemer &:Lake Erie RR. (s-a)
Plume
3-19 ;
(Haruord, -Conn')—
Co.
Vlo; preferred
3-19
1
4-' 1
50c
Gas
5%
;
1
4-
93 %c
."
1
1
$1.25
common
preferred
Russell
-
3-1
7
3-31
$3.75 -V
___
Coal
1
3-31
62%C
Philadelphia & Western RR. Co. ..(special)
33/4% .pfd. A tquar.)______——
Pittsfield
3-
•
-
Phillips Screw Co._I___l-;____~_-_—
Phoenix Hosiery
7-
convertible preferred
(quar.)
Co.
;
"4%%
3-15
I
4-
25c
class A
Corp.,
3-10
10-
Ruberoid
Russell
-(quar.)___________-__,___—
Governor
4%
1
4-
:
$17
30c !
Philco Corp.,
Pierce
4-
u.12%
—
Philade.phia Suburban Transportation-^
5% preferred itjuar.)-!-—
Phoenix Insurance Co/
3-31
'
$1.50; :"-A- 1
_____
3-15
1
$1.75
„
Ruppert
$4 non-cumul.
4-15
1
$1.75
Works, 6% pfd.
Extra
•,
$4.50 1st .preierred :(quar.) __I
2nd preierred (quar.)
v
1
4-
(quar.)™!—
preferred
Rome Cable
3-11
$1.25
v
■
-
3-11
4-- 1
87%C'
Philadelphia
''
.$6 preferred ' (qua*. i llrirliti -'I--.^—
Philtde.phia Gairy- Products Co;, Inc.—
<
■
Brothers
partic.
'/a %
3-11
$1.06 V*
,v
45-
$1.75
preierred A
(quar.)
5%.: preferred
(quar.)
5% prior preference
-
3-19
'
25c
I.-14-3% %
90c
preferred
3-23
50c
5% non-cum. preferred
(quar.)
Southern Ry. Co. M. &
O. Stock Trust
Southwest Natural Gas Co.—
$6
$1.75
5%
-
5
"3-27
20c
—
3-19*
(quar.)__.
(quar.)
(quar.)
(quar.)
muar.;
(quar.)
Rockwood & Co.— i.. v*:.
3-11
4-
pfiMrt4CharleS):^«k)^^>^i;ri'.r^-^'. y
,
4
5
4-1
20c
-47*%" 1st 'pfd.:-
3-19*
4-
50c
(quar.)
Robertshaw-I ulton
Controls, common
4^*%. preferred
(quar.)
Robertson (P. L.) &
Co., Ltd., com,' (quar.)
$2.50 preferred
(quar.)
Robinson Cotton
Mills, Ltd. (quar.)_
Rochester Telephone
Corp.—
?
3-15
4-1
$1.75
—
4-
__,
$1.37%
—
pet Milk
v-
V.
40c
permutit Go.
-•
preterred
25c
$1.3772
(quar.u
Process_____
(quar.)
>
(quar.)
3-15
$1.25
perfection
,
-
2nd
4-12
3-15
4-15
(Durnam, N. C.) —
(quar.)__
Southern Railway Co.—
5% non-cum. preferred
5-
Holders
Payable 0) Rec.
15c
25c
Southern Franklin
4-
$1.75
common
(quar.)
Southern Pacific Co.
1272c
When
Share
Power
Quarterly
*1.3174
Riverside Silk Mills, Ltd.—
3-15
52c
$1
Gorp,^quar.
4-12
(quar.)
Rickel (H.
W.) & Co. (quar.)
Rieke Metal
Products.
Bitter Co.,
Inc., common (quar.)
6%
preferred
3-12
4-
$1.12 7a
—,
preferred
Richmond Water
.
(<juar.)
preferred
2nd
Richman
,
•„
3-10
5-
Extra
$1.25
4qda]r.)
4-
Company
Colorado
Southern Fire Insurance
3-10
$1.3174
Southern
3-10
4-
7% 2nd preferred
Richtleld Oii
Corp. (quar.)__
8
,
-peoples Drug Stores. Iquar.)_______—
peoples Gas Light & Coke__—
Peoria Water .Works,'"7% : pfd, <quar.)„-^__
1st
7%
3-10
4-
Per
Name of
6-10
1
25c
preferred
3-10
$2.10 preferred (quar.)Pennsylvania Telephone,;$2.10 pfd., (quar.)_
Pennsylvania Water
• Power -Co.—r.
,'
Common
preferred
1st
6-12
3-30
1st
7%
7%
6-30
200%
5c
Goods,
7%
7%
68 3/4 c
6-21
4-
50c
—
Reymer
(quar.)
Reynolds Metals
Co., common (irreg.)
5l/a%. convertible
preferred (quar.)
Reynolds (R. J.) Tooacco
Co.—
*
3.6%
preferred (quar.)
Rice-Stix Dry
4
5c
Holders
25c
,
,
-
preierred tquar.)
& Brothers
3-20
1
When
Payable of Rec.
25c
$1.50
prior preierred A
(quar.)
Revere Copper &
Brass, 5,/'i% Pfd.
(quar.)
5\£t%
8
4-15
20c
hue
Per
Share
;
6%
luc
y/0
preferred -.(quar,)^1_II__—
Pennsylvania Power & Light Co:,''common..
4%% preferred (quar.—1—
Pennsylvania Railroad (irreg.)I___'_i^__:
Pennsylvania Telephone Corp.—-■■■+
.v,
5
3-15
3-27
...
,
1
30c
Metal' Products...—
Peninsular fTelephone Co;, com. (quar.»_____
Penney
(J/ ■ C*) ~ Co..
Pennsylvania Co. for Banking & Trusts—
Quarterly
1
Pennsylvania Engineering Corp,_________„_
■\<
Pennsylvania. Glass. Sand Corp.— ."
peninsu.ar
3- 8
4"
'
8
$1
Parmelee Transportation (quar.)
Pathe Industries, Inc., 4% pfd. (quar.)
peller.brewing, 5%7* pid» ;taucum.>___■
peninsular Grinding Wheel (stock dividend)
5-
'4-1
37 Vic
ue^ umtu j
& FINANCIAL
CHRONICLE
Name 0/
Company
Republic Petroleum
(quar.)
Republic Pictures
Corp., $1 conv. pfd. (quar.)
Republic Steel
Corp. com. (quar.)
Extra
5-8
2 Vic
3-15
5-
6-
5-15
(quar.)_^_
Mines
park
3-
6-15
75c
.»
..
4-12
Holden
Payable 0/ Rec.
Share
Mfg. Co., <5% "preferred <s-a)_'_
;
(quar.)
v___
pan American
Investors;'$1.5» pref, (quar.)
Pftce-Hershey Tubes, Ltd..—_____
Panhandle Eastern Pipe Line-^
\'Io preferred I quar.i.—...—■:—,*—
paraffine Companies, new com. (initial)
W preferred (quar.)_„____'__^____^—
paramount- Motors Corp. (increased)
paramount Pictures, inu.-<'muni,/_—.—
Park Oi.emxal
Co., coramon:..t:„;L.;
;
Rec.
13-12
COMMERCIAL
When
11-15
11-10
r
$1.75
6-15
e-
$$1.75
4-15
3-31
•
When
Per
Name
Film
Century-Fox
Twentieth
(reduced
Common
U.
50c
37Vuc
62V2c
37'/2C
Investment
Metal
Union
&
Co
Mfg.
preferred
Co.,
preferred
Board
United
4- 1
Co.
4-15
3-22
3-22
4- 1
4-1
3-29
25c
(increased)
$2.50
$2
50c
(quar.)
—
25c
$1.50
75c
$1.75
Fruit
Extra
United
Investments,
Gas
preferred
National
United
N.
pfd.
Corp. non-cum. partic.
Canal (quar.)
RR. &
each
5%
of
5 %
5%
5-12
the
will
31 %c
of
rate
stock.
;.
preferred
preferred
3-10
3-12
3-16
3-20
U.
Foil
S.
Machinery
preferred
(quar.)
Finishing
Co.,
U.
S.
preferred
Guarantee
Gypsum
preferred (quar.)_
U, S. & International Securities—
1st
Waialua
Waldorf
4- 1
5-15
3-19*
4-15
3-19
3-
75c
$1.75
4- 1
4- 1
3-15
3-15
_
3-31
7- 1
70c
70c
70c
50c
Quarterly
Quarterly
S.
Playing
Extra
U.
Card
(quar.)
-Li
*—LL--
Waukesha
—
1
Weber
Common
5%
4- 1
3-20
ARIZONA
Grande,
Called
Bonds
Ariz.
The
—
Maricopa County, Osborn School
District No. 8 (P. O.
Phoenix), Ariz.
ing
167,
Sale—The $525,000 build¬
bonds
syndicate
Ely,
offered
March
891—were
p.
Boettcher
15^—v.
awarded
composed
Beck
to
a
of
Refsnes,
Phoenix,
Co., Bosworth, Sul¬
&
&
Co.,
of
livan & Co., and Peters, Writer &
Christensen, all of Denver, and
Henry Dahlberg & Co., of Tucson,
at a price of par, a net interest
cost of about
2.90%,
as
follows:
$84,000 l%s, due on July 1, 1949
to 1952 inclusive; $46,000
2s,
due
July 1 in 1953 and
1954; $46,000 2Y4S, due on July
1, 1955 and 1956; $50,000 2V2s,
due on July 1, 1957 and
1958;
$125,000 2%s, due on July 1
on
from
'
and
1959
to
1963
$174,000
inclusive,
27/sS,
due
on
clusive.
at
date
bonds
coupons
Union
High School Dis¬
(P. O. Martinez), Calif.
$875,000 school
Bond Sale—The
offered
issue to
are
dated
5-
37MrC
8-
Jan.
1, 1950.
on
March
15^—v.
C. N. White & Co.,. of Oakland, at'
4Va%
that all out¬
standing non-interest bearing se¬
ries
B
road
district refunding
3-31
3-15
30c
3-20
3-10
Wilson-Jones
35c
.
4-20
»
Wisconsin
Eleetric
3-15
Wiser
Co.
:
4-22
4-
1
1
Union
Sch.
Dist.
(P. O. Salinas), Monterery,
■San Benito and Santa Cruz
March
the
3
the
an
on
April
sider
3-15
3-12
Woodley
37 V2c
4-15
3-19
62 Vic
;
*_
.
4-
3-20
-'Woodward
1
V/o
4-1
1
3-16
4-
1
3-16
4-5
15c
3-15
4-
37 Vic
*
April
3-5
sider
an
50c
3-30
4-15
4-
4-
1
3-17
4-15
3-31
Steel Co.,
3-30
*
Ltd.
Co.,
Iron
1
3-
4-
1
&
1
1
3-19
4-
1
4-
1
3-
1
4-
1
3-15
3
3-19
4-30
4-15
i
3-111
1
3-11
25c
4-
1
3-19
4-
V
3-19
25c
150c
3-31
2-28
10c
3-31
3-15
iouar.)__
50c
3-31
3-20
50c
3-30
3-18
$1.75
3-30
2-
}40c
4-10
3-24
t4C
4-
2-24
25c
4-1
25c
4-
__*s.
(quar.)—_
common
(quar.)
;
2
Mines.
Co.
(Wm.)
&
Jr.
Towne
Yolande
*
Mfg.__
6%
convertible
6%
m
Ltd. (quar.)
(monthly)
Corp.
pfd.
preferred
(quar.)
3-20
1
3-15
37VeC
4-30
4-20
37V2c
7-31
7-20
20c
4-
1
3-16
56V4C
4-
1
3- 5
-
conv.
1
(quar.)
\
(quar.)
3-12
15c
1
4-
1
,
-York
3-15
4-
1
3-15
V 8-16
8-12
31 y4c
$1.75
3-31
20C
i
4-
$1.25
(quar.)
Lothrop,
Vellow Cab Co.,
/y 3-19
4-
1
3-19
3-19
4-15
$1.50
(quar.)
Co.
Co."
preferred
Yale
3-31
4-
4-
1
4-1
4-
(quar.)*
(initial)*
common
Wright-Hargreaves
V 3-16
50c
..
**,
4-
22 Vic
)•!'.
,
4-
1
5-
——*****
pfd.
6%
(initial)
4%%
books
tPayable in U.
tPayable
resident
in
tax
not
S.
Less
British
x
Less
30%
(quar.)
closed
for
Funds, less
Canadian
a
3-15
3-15
*
*
preferred
15%;
3-17
v
1
4t,l.
50c
Corp.,
•Transfer
(s-a)
4-15
75c
Combing Corp. of Canada, Ltd.—
Quarterly
3-16
25c
V
.
r*
*
■
-
election
an
the voters will
con¬
$65,000 city hall
»;
Water District, San Ma¬
County (P. O. Half Moon
Bay), Calif.
Bond Of fering—Sealed bids will
be
received
(
The
.
These
on
and
Inoome
this
Canadian
non-residents'
deductible
tax
7%.
the.
at
tax.
source.Non¬
•
tax..
>
,
income
v''
dividend.
15%
funds,
resident tax
Jamaica
on
Jan. 12, 1948.
April
13
the
issue
an
voters
of
will
$500,000
semi-annual
the
certified
tax.
,
s
,
-
for
$1,000
of the Board of County
visors, is required.
"
•,
Joint
Union
Sacramento
San
District,
mento),
Bond
Offering
10:30
30
for
a.m.
the
(PST>
on
purchase
of
Selma
from
School
District
C.
1964
to
1967
inclusive,
Madison
School
Dated Feb. 1, 1948.
follows: $1,000 in 1951;
$7,000 in 1952 and 1953; $6,000
Due
as
in
1954
in
1956.
and
1955, and $3,000
an
'■
tissue
the
a.m.
(PST)
purchase
not to exceed 5%
registered
or
Due
March
$13^000
interest coupon
building
April 1,
as
bonds.
follows:
$5,000 from 1950 to 1954 inclusive,
and
$6,000 from
1955
to
1973
Rate
to
be
or
rates
expressed in
of
in¬
mul¬
a
Principal and
(A-O)
payable
County Treasurer's office.
at
the
A
cer¬
tified check for
$5,000, payable to
order of the
County Treasurer, is
required.
Legal opinion of Orrick, Dahlquist, Neff, Brown &
Herrington of San Francisco will
p.
bonds
167,
p.
as
$108,000 build¬
offered
1091—were
&
March
15—v.
awarded
to
Co., of San Francisco,
2%s, at
a
price
of
100.102
a
basis of about 2.74%. Dated
April
1, 1948, and due serially
fromJ949
to
composed
Second high bid of
$98,000 2%s and $10
000
made
-
was
167,
the Bank of
& Sav¬
of
Trust
National
ings Association; J. Barth &
both
of
San
Co.,
Paine,
Francisco;
Webber, Jackson
& Curtis, of
Chicago; Commerce Trust Co., of
Kansas City; Schwabacher & Co.,
of San
Francisco; Blair & Co.,
Inc.; Lawson, Levy & Williams;
Hannaford &
Stone & Youngberg;
Talbot, all of San Francisco, and
C. N. White & Co., of Oakland, at
a
price of 100.019,;a net interest
2.615%, as follows: $630,2i/2s, maturing $35,000 on
1949 to 1966, and
$245,000 as 23/4s/ maturing $35,000
from
1967
to
1973, inch
Dated
April 1, 1948. Principal and in¬
cost of
000
as
April
I; from
terest (A-O)
Coun¬
payable at the
^
-
•'
School District
(P. O. San Bernardino), San
Bernardino County, Calif'
Bond Election—At an election
on
March 23 the voters will con¬
sider an issue of $250,000 scho
building 'bonds.
Ora
Lcma
1972, inct.
100.084 for
3s
March 15—v.
10917-were purchased by a syn¬
Needles Union High
County, Calif.
Bond Sale—The
ing
on
$875,000 school
ty Treasurer's office.
Lafayette School District Contra
Costa
Control
District,
,
Larue,
on
of
water
$75,000
Calif.
Dated April 1, 1948. Denomination
$1,000.
School
Sale—The
America
for
of
County (P* O. Martinez),
Costa
dicate
29
election
,
bids until 10
Kaiser
District
sider
an
the voters will con¬
bonds offered
C.
Sav¬
&
Verne, Calif.
13
bonds.
County Clerk, will receive sealed
Dated
May 1, 1948.
follows: $9,000 from
1963 inclusive; $8,000
April
on
Bond
$200,000 not to exceed 5% interest be
furnished the successful bidder.
bonds, divided as follows:
$170,000
La
Joaquin
Calif.
—
Trust
Election—At
Bond
Counties (P. O. Sacra¬
interest
until
for
Super¬
School
and
tiple of y4 of 1%.
County School Districts
O. Fresno), Calif.Bond Offering—E.
Dusenberry,
County Clerk, will receive, sealed
National
ings Association of San Francisco,
Marlinez
Gait
terest
(P.
America
interest payable
check
inclusive.
Fresno
in
Principal
issue, payable to the order
con«
bonds.
con¬
issued
County Treasurer's office.
park
and $3,000 in 1968.
election
be
denominations.
at
the bonds authorized at
are
bonds.
bids
bonds-* will
$1,000
by the Board of Di¬
as
issue of $683,000 land ac¬
quisition bonds.
3-31
Wool
"
20c
Inc
to
13 the voters will
4-21
„—_•_*
Wrigley
37 Vic
teo
1949
Beverly Hills, Calif.
on
5
3-10
14c
'
Power,
Petroleum
Woodward
Coast side
30,000
an
Mfg.
3-25
4-1
A
Due
bonds.
Election—At
*1
(quar.)****
preferred
30c
i
13
turned
proposed issue of $35,-
construction
Bond
5%
Woods
25c
$1.371/2
issue
an
election1
voters
(Alan)
3-19
Co.—
bonds.
Counties, Calif.
Bonds Defeated—At
OH
Wood
3-19
4-
>*___*
Election—At
Mafch
Joint
5
3-
4-
3-31
25c
Claremont, Calif,
Bond
Treasurer's office.
Aromas
3-
1
3-24
3-31
*
2 Vic
Co.,
1
4-
—_*
4-10
$4.50
■
_**
4-
25c
Co.
1
2 20
50c
$1.25
—
4-22
1
1
—
Co.—^
4-
3-10
4-
Oil
5c
********
3-15
3-10
City Department
sider
cost of
(State of)!
Call—Ben Laney, Chair¬
announces
3-31
75C
._l-*_**
pfd.
Snowdrift
price of 100.019, a net interest
2.615%, as follows: $630,000 as 21/2S, maturing $35,000 on
April 1, from 1949 to 1966, and;
$245,000 as 23/4s, maturing $35,000
from 1967 to 1973, all incl. Dated
April 1, 1948. Principal and inter¬
est (A-O) payable at the County
a
down
of Fiscal
7-15
Dorris, Calif.
Webber,
Jackson
&
Curtis, of
Bond Election—At an election
Chicago; Commerce Trust Co., of;
Kansas City; Schwabacher & Co., on April 13 the voters will con¬
sider an issue of $38,000 fire and
of
San
Francisco; Blair & Co.,
water system bonds.
Inc.; Lawson, Levy & Williams;
Stone & Youngberg; Hannaford &
El Cerrito, Calif.
Talbot, all of San Francisco, and)
Bond Election—At an election
Arkansas
of the State Board
4-15
1
3-31
Stores, common (quar.)—*—^ ;. ' "30c
preferred * (quar. )
——
75c
4 V4 % - preferred
(quar.)
;
;'*
$1.06 Vi
Williams (J. B.) Co. (stock dividend)—100%
Wilsil.
Ltd.
(quar.)
f25c
Wilson & Company, $4.25 preferred (quar.)
$1.061/4
1
$2.50
■
*
4-
6
2
3-10
3-10
3-31
20c
$1
Corp.——
—1
—2"c
Water Co.,- 7% preferred (quar.).*
$1.75
4-15
the election held
000
Control,
37 Vic
3-15
1.
1
5-
(quar.)
Paper
1
44-
$1.37 Vi
common.———
(quar.l—
4-
25c
$1-50
r20c
25c
15c
12V2c
75c
■
(4uarivi„._._
Wieboldt
ings Association; J. Barth & Co.,
both
of
San
Francisco; Paine,
increasing to
ARKANSAS
Bond
Wichita
1
3-15
rectors until March 23 for the pur¬
chase
of
$300,000 water bonds.
on
man
1
6-
167, p. 1091—were purchased by a
syndicate composed of the Bank
of America National Trust & Sav¬
the rate to be paid from
of
6-
3-25
—**
.'
Co.
River
6-21
bonds.
trict, Contra Costa County
bonds
Wichita
6-21
**__*;
(quar.)
Ltd.
1
Corporation
Whiting
Whitaker
3-17
each
1, 1948 and bear supple¬
mental
4%
The
3- 8
r*
30c
*
*
tquar.)
Inc.
PROPOSALS AND NEGOTIATIONS
CALIFORNIA
Alhamhra
3-15
6-17
Motor
$1.25
*„******
&
July 1 from 1964 to 1968 in¬
Jan.
1
■■
(quar.)
(quar.)
1,. 1934, have
payment on or
March 15, 1948, at par,
the State Treasurer's office.
at the State Treasurer's office.
Bond
4-
< <
^
-**_**.
__**
Jan.
for
called
after
presently
outstanding 4% refunding bonds,
dated Jan. 1, 1940 and due seri¬
ally to 1958 incl., have been called
for payment, as of March 1, 1948,
A,V
dated
bonds,
been
Casa
1
$1.50
Fire Insurance (s-a)
Fund, Inc.
(quar.)
Oil
BOND
•
4-
;
Fixture
Fargo & Co.
Wesson
3-15
4-15
v
3-19
Whitehall Fund, Inc.
'
Wells
4-15
1
prior preferred
$5
62y2C
—
(quar.)
Co.
preferred
3-15
4-
$1
common
State and
i!
**■****
.___**
&
&
3-20
3-26
3-25
Wheeling Steel Corp;,
3-8
4-1
...
(auar. )—*_.__*
W. (special) **
Co.***
Showcase
Wellington
Wellington
3-16
4-12
4- 1
4-
25c
93%c
■
3-17
$1.75
(quar.)
Motor
Pump
Wayne
5-31*
8-31*
11-30*
3-16
6-20
9-20
12-20
4- 1
$1
S. Plywood Corp. common (quar.)
,**—
3%% preferred A (quar,)*
._**_—
3-20
$2.50
Wayne Screw Products Co.—
Quarterly
1
3-27
4-
25c
3-22
6-15
3-23
1
Lake Erie Ry.,* common**——
51/2 %
convl 'preferred
(this issue being
called for redemption on May 1)*——
White
Brothers Pictures (quar.)—,
Waterbury-Farrel Foundry & Machine Co.—
Quarterly __■**'*'
*_*>.***.*_,
Ltd..
3-20
3-31
7-
Wheeling &
3-20
Warner
Waterous,
$1.25
22y2c
3-10
3-20
(accum.) ___L
& Co., class A (quar.)
Disney Production, Inc.—
6% conv. preferred (accum.)
9
1
3-lb
(George
;**_***■
Walker
3-22
3-22
3-31
quar.)_
■
3-31
(quar.)
com.
Inc.:
Baking Co.,
5V2%
preferred
1
4-
1
Weyenberg Shoe Mfg. Co. (quar.)____*
Wheeler Osgood Co., common
50c convertible preferred'7f^U-Trr.-)'.'——_
-
Walt
3-19
3-15
4-
4-
Westmoreland,
3-15
3-31
,
(annual)
G.
3-19
4-1
*
3-19
4-15
; $1.25
$1125
(quar.)
Weston k
87 Vic
(quar.)
(Hiram)
3-31
4-10
Westmoreland Water $6 pfd.- (quar.")*---—- 1
87 Vic
common
Corp.
System,
3-15
1 **
4-1
40C
Co.—*L*****
Agricultural
Walker
4- 1
4- 1
Pipe & Foundry Co.—
U.
preferred
Baking
1
1^
.
common
Co.,
6-1
—
(quar.)
(quar.)— *
preferred
3-19*
7
3-31
3-31
(quar.)
__*;
—____
Co., 4'/2% preferred (s-a)__*_*-
Lines
S.
7%
4-
50c
preferred
S.
4 V2 %
Wagner
4-
3-12
3-15%
''(resumed)-:—*!;-!-1-——l$1
A
l__
preferred
Iron
&
Railroad
3-29
3-19*
$1.12
$1.50
(increased
U.
Mold
••
v
(',,':,4rvLvt
$2.50
;
Co.,
Ward
_
U,
preferred
Wabash
'
7%
$5
,
—— ~-
.
7%
Vulcan
4-15
4- 7
$1.75
50c
$1
$1-75
___
(quar.)
com.
....
*
preferred
Detinning
20c
__*_
***.
(resumed)
(quar.)—
•
Vulcan
:
prior
25c
—
9-
1
4-
.
t$1.25
,
(initial quar.)
common
(quar.)
conv.
3-15
12-
U
**.—
(quar.)
$3
1
(quar.)—
Western Union Telegraph Ca;^':a
# 5'v Class
9-10
t25c
com.
Co.,
4V2%
3-10
(-
6-10
t57c,
.■
Power,
preferred
Corp.,
1
4-
,
preferred
5%' preferred
«j
12-10
-.7 Vic
»
(s-a)__
preferred
Vulcan
20c
Co..____
Co.,
1
,_**—******
6%
3-16
3-16
50c
(quar.)_L
preferred
1st
2nd
S.
4- 5
4- 5
w
common
Foreign Securities—
$4.50
$6
62M2C
37V2c
'
*—
——
convertible preferred
7%
preferred (quar.)*
U.
3-18
4-15
3-18
4-15
3-18
4-15
'■
$1.25
(quar.)
6%
3-25 "
4- 1
5- 1
4- 1
5- 1
4-1
5- 1
;**-*_**
S.
&
4-19
58V3C '
58Vbc
53c
53c
50c
50c V
4-
Penn
5%
3-15
.
$1.25
—
(quar.)
Railway
'
-12-21
3-31
,
$1.25
***—*i,—*1**;
!—*
preferred (quar.)—
$5
(Bait.) (quar.)
Co., class A—
B
20c
,
—
„<
preferred
*
.
2nd spries (quar.)
Vicksburg Shreveport & Pacific Ry.—•
Virginia Elec. &
.
—*_
$4
U. S.
*.*
.
preferred
(s-a)
v-
1
4-
25c
(quar.)——r——*_
Works, common (quar.)L___
preferred
3%%
3-20
6-19
f
v.
1-2-40
•
'
•
(reduced
common
preferred
5%
Virginian
(quar.)
com.
(quar.)*
7%
U.
.
*
_*
Fidelity & Guaranty Co.
Class
—-
(quar.)
Victor Chemical
each
(monthly)
(monthly)
preferred
Ltd.,
Viau,
^7-;l
;
62 %C
(quar.)
(quar.)_
Inc.
-v4-. l
•
62V2C
k
25c
(quar.)_Ai_*
$1.50
(quar.)*—25c
Virginia Pulp & Paper
,
'
3-10
Freeze,
5
3-
«
62
(quar.)
preferred
preferred
preferred
5%
5%
;—
3-20
.
1
4-
62ViC
t
(quar.)*.
Virginia-Carolina Chemical Corp.—■.
6% partic. preferred (accum.)*
.
3-31
,35C
,
—
Verney Mills of Canada, Ltd.—
4 V2 %
preferred (quar.)
———
(monthly)__—_
7%
preferred (monthly)
6.36%
preferred (monthly)
6.36% preferred (monthly)—:
'
15c
...
(quar.)
preferred
prior
5%
5%
be dis¬
for
preferred
S.
Co.*.
Velvet
4- 1
4- 1
4- 1
3-31
4-10
3-15
$2v
•',")'
•>,
4-19
3-25
Power Co., common (increased).
»
40c
preferred (quar.)
$1.12Vi
West Virginia Water Service—:'
•
$4.50 preferred
(quar.)—
——
$1.12Vi
Western Assurance Co.
(Ontario) (s-a)—.'^"?$1.40
Western Department Stores (quar.)
■
•
40c
Western Electric Co.__—
——.
.
■
$1.
Western Exploration Co. (quar.)—
—
2Vic
Western Grocers, Ltd.,
class A '(quj.r.r__
touc
v$ 1.40 preferred (quar.)-—J-----—'—t35c
Western Tablet & Stationery Corpi.-'-com'.UiiL"/'50C
Co.—
Vapor Hcr.ting Corp.
5-12
3-22
3-10
l/50th share of American Light & Trac¬
U.
(accum.) *.:**«>.
Utility Appliance Corp., $1 conv. pfd. (quar.)
Van de Kamp's Holland Dutch Bakers, Inc.*
Traction
&
issued, but cash
Shoe
Light
preferred
preferred
preferred
prior
Fractional
Light
American
at
6%
&
prior
prior
Common
be
United
pfd.
3-18
5-15
——i
4Vi%
3-16
.4- 1
L«
4-19
3-30
*
Utilities Co. $6 pfd.
Texas
West
4-14
1
5-
25C
—
—
—
not
6%
8%
Cap,
Knitting
5%
,
3V2 %
tributed
6%
Power
Utica
»
held.
shares
50
(quar;)
'
Utah
common
for
tion
(quar.)
common
Utah-Idaho Sugar Co. 60c class A pfd. (quar.)
American Light & Traction
stock at rate of one share
in
Co.,
7%
Corp.
3-18
55c
20c,
$2.50
Co
Light & Railways
Common (stock dividend)
will
Steel
(quar.)—
5-15
$1.50
(quar.)
Special
1
4-
3-15
3-18
t75c
(quar.)
3-20
4-15
Tobacco,
preferred
Upressit Metal
3-30
5C
3-31
4-15
United
shares
Leaf
,dst
50c
A
class
West
4-30
25c
4-15
25c
Illuminating
United
Payable
8%
3-15
3-10
5-15
Inc., 4% preferred (quar.)
Universal-Cyclops
Ltd.—
Corp.__
United
J.
Stove Co.
United Wallpaper,
Universal
4-1
3-30
$1.50
$1.75
$1.75
7% pfd.
(quar.)——
Electric,
Penn
$7
,"•6'/o
preferred (quar.)—
'!
Common • (initial)
—
$8.75
pfd. (quar.)**
1—*.«!
$6 conv.
50c
(quar.)
—
class A
6%
Corp.,
5-24
U2V2C
(quar.)__
Ltd
Corp.,
3-15
4-
$2
preferred—
non-cum.
Y.)
(N.
Steel
3-19
(
8%
Co.,
$1
Co.
Fuel
United
Trust
3-8
5-25
4- 1
4- 1
-J.-*-.
non-cum.
United
S.
3-15
3- 8
5-25
preferred (quar.)
United Corp. $3 pref. (quar.)
*___
United Dyewood Corp. 7% pfd.
(accum.)—
Common
6%
O.
United
Carton,
&
Rubber
United Stores
3-22
3-10
2-27
3-15
3-15
4- 2
4- 1
4- 1
$1.50
*
Co., com.
(s-a)
Twist Drill
Union
5-17
5-17
4- 1
(quar.)
common
(quar.)
Union Pacific Railroad
4%
(quar.)
Carbon__—
Carbide
Union
$6
—
(quar.)
Y.)
(N.
Rubber
&
Union
y
(s-a)
Co.
Trust
Asbestos
Union
4
(s-a)
Corp.
Underwriters
6- 1
6- 1
62V2c
S.
West
1
6-10
62 «/a C
(quar.)
When
Holders
Payable of Rec,
Share
of Company
Name
Lithograph—
&
preierred
U.
Per
Holders
1
Payable of aec.
Share
of Company
Printing
S.
5 '/o
United
Tyler Fixture Corp.,
5Va % preferred A
5V2% preferred B
Udylite
3-10
3-10
3-22
3-22
3-20
$1
17Vic
$1
10c
conv.
3-31
3-31
4-14- 1
4- 1
27 Vic
27Vic
25c
preferred
<quar.)_
Twin City Rapid Transit 5% prior pfd. (quar.)
Twin Coach Co., $1.50 conv. pfd. (quar.)__
208 South La Salle Street Corp. (quar.)
$1.50
Name
Corp,—
quar.)
When
Per
Holdert
Payable of Rec.
Share
of Company
Monday, March 22, 1948
CHRONICLE
& FINANCIAL'
COMMERCIAL
THE
(1302),
50
by the Bank of
School
District,
Fresno
County, Calif.
Bond
ing
Sale—The
bonds
offered
$30,000
,
build¬
March 16
167
THE COMMERCIAL
1199—were awarded to the
°f America National Trust
p.
"Batik
!jr*
Number 4683
167
Volume
Association, of . San
as 2l/2s, at a price of
basis of about 2.48%.
savings
Francisco,
<100 03,
a
7C0,000 municipal
airport-bonds.
P"e. PP.1*' as follows: $20,000 in 1949 to
1952; $25 000 in
1953 to
1956; $45,000 In 1957
°,16n6- and $35,000
and 1968.
Dated' Jan.
.
15, 1948, and due serifrom 1949 to 1968, iricl. See-
tiiy
v
'<
Pnuae. APf/H h
°
in 1967
~
County Clerk, will receive sealed
until 11 a.m. (PST) on April
"
bids
the purchase of $60,000 not
exceed 5%
interest school
bonds.
Due $3,000 from 1949 to
1963 inclusive.
Rate or rates of
interest to be named by the bid¬
der.
Interest payable semi-annuallyA certified check for 10%
of the amount of the bid, payable
to order of the Chairman of the
Board of Supervisors, is required.
19 for
to
•
•
•
;
School District, Los Angeles
County. Calif.
Bond Sale — The $26,000
con¬
Rivera
•
struction bonds offered March
16
167, p. 1199—were awarded
to the Bank of America National
Trust & Savings 1 Association, of
San Francisco, as 3s, at a price of
—v.
v
'
'101.188, a basis of about 2.845%.
; Dated
April 1, 1948, and due on
from 1950 to 1963, inch
Second high bid of 101 105 for 3s
April 1
made by Weeden & Co.
was
San Buenaventur&x
>{'•
Elementary Sch.
(P. O. Ventura), Ventura
"
County, Calif.
Bonds Voted—At an election on
Dist.
Conn.
*.
i
March 2 the voters authorized
of
issue
bonds.
an
construction
$435,000
-
V:
..
.
San Francisco
'v-
(City and County of)
Calif.
Bond
Offering
and
on
John R. Mc-
Clerk of the Board of
Supervisors, will receive sealed
bids until April 5 for the purchase
of $1,950,000 Market Street RailGrath,
•
refinancing bonds.
way
•
wood
Sale—The
$508,000
Red-
City Elementary School Dis¬
bonds
167, p.
offered
March
1091—were
16—v.
awarded
to
a
group composed of Bank of Amer¬
ica National Trust & Savings As¬
sociation,
J.
Barth
&
Co.; Lawson, Levy
& Williams; Blair &
Co., Inc., and Stone & Youngberg,
I all of San Francisco, at a
price of
;
;
•
100.008, a net "interest', cost of
about 2.422%, as follows: $275,000
2!4s, due $25,000 on March 1 from
•1949
••
2%s,
to
1959/incl.; and
due
$25,000
1960
to
.-and
incl. Dated March 1, 1948.
Bonds
Not
$375,000
•
f
Sold—Bids
Menlo
Park
the
for
Elementary
School District bonds offered at
the same time were returned un¬
opened.
$600,000
able
of
be
sold
crued
at
such
less, than
interest to
issue
bonds
the date
livery to the purchaser,
discount
any
lowed
or
tional
bonds.
paid
If
nor
be
two
or
best
April
The
1,
accrued
1948,
bonds
to
will be
shall
more
as
certified check for 2%
the
value of the
received, and not less
than par and accrued interest, the
bonds, payable to the
Treasurer, is required.
(State of)
Offering — William
Bond
J.
These
Storey, Secretary of State, will re¬
completely
filled
out
without
change or addition by the bidder.
A bid in any other form may be
ceive
The
legality of
approved
the
1
p.m.
for
15
Bonds Re-Offered—Mayor
Summers
A.
will
receive
Paul
Farmers
sealed
Bank
the
of
of
State
A certified
bids until March 23 for the pur¬
check for $50,000, payable to order
chase of the $250,000 coupon elec¬
of the State Treasurer, is required.
tric
revenue
bonds
originally
Legality to be approved by Reed,
scheduled to be sold on March 11
Hoyt & Washburn of New York
—v.
167, p. 1091.
City.
' v
Delaware, in Dover.
ing
bonds
167, p. 1091—were purchased
offered
on
March
16
No. 130
Oak Grove School District
(P.
O.
New
Wilmington),
County, Del.
Bond Sale — The Farmers State
Castle
■
\
Delaware, in
awarded
on
March
6
an
issue of
$317,000
Santa Ana School District (P. O.
City National Bank & Trust Co., school bonds as 3s, at a price of
.Santa Ana),
Orange County, Calif. of Kansas City; Coughlin & Co.,
100.013, a basis of about 2.998%.
,
Bond
on
syndicate composed of the
First National Bank of Chicago;
by
Election—At
election
an
April 27 the voters will
sider
issue
an
of
$2,000,000
con¬
con¬
struction bonds.
•
Santa
,
Clara,
A. J. Cronin,
—
J-.tty 1 Clerk, will
nids
Calif.
sealed
receive
until 11
*0r, the
a.m. (PST) on May 3
purchase of $575,000 fire
•and sewer bonds.
V
/
\
COLORADO
;
Denver (City and
County), Colo.
QnBo"d Offering—Harvey
sealed
riviST)
on
bids
April
until
Dated
March
was
15,
1948
and
due
price of March 15, as follows: $13,000 in
100.049, a net interest cost of 1950 and $16,000 from
1951 to
2.24.5%. Dated March 1, 1948. Due 1969 incl. Interest M-S.
serially on May 1, from 1949 to
1968, incl. Principal and interest
FLORIDA
(M-N)
payable at the County
Florida Improvement Commission
Treasurer's office. The next high¬
est bidder was the Harris Trust &
(P. O. Tallahassee), Fla.
Bond Issuance Planned — At a
Savings Bank, Chicago.; Peters,
Writer & Christensen, and Boett- meeting held on March
10 the
cher & Co., jointly, for <$375,000 voters approved plans for the is¬
2s; $150,000
2J/4s, arid $175,000 suance of $3,000,000 University of
Florida bonds.
2%s, at 100.011.
of
Denver, as 2V4s, at a
14
the
for
coupon
pur-
bonds
municipal
facilities bonds.
as
recreational
Due
April
1- as follows:
$25,000 in 1949
to
1952; $30,000 in 1953 to
on
1956; $75,000 in 1957 to 1966,
$15,000 in 1987 and 1968.
and
Springs, Fla.
Certificates
Awarded —
High
CONNECTICUT
a.m.
Avon,
Bond
of
15
1948
—v.
Conn.
Sale—The $350,000
school
bonds offered on March
167, p. 1091 — were pur¬
chased by Eastman,
$1-000,000
Co., both
Wilmington,
re-
11
$2>200,000 not to exceed
interest
and Garrett-Bromfield &
D. Wil-
,Manager of Revenue, will
1, 1958, to Sept. 1,1962,
102% of par. From March
at
1,
1963, to Sept.-l, 1967,
101% : of par.
Thereafter,
Dillon & Co.,
.
The
$110,000 water revenue certificates
offered March 17—v. 167, p. 1092
—were awarded to B. J. Van In& Co., and A. M. Kidder &
both of New York, jointly,
3%s, at a price of 96, a basis
about 4.065%. This was the
gen
Co.,
as
of
100.3799,
as
a
issue
an
election
an
voters refused to
of
$40,000
building bonds.
Arlington
Heights
School
Bonds
Consolidated
District
Voted
No.
59, III.
At
an election
held recently the voters approved
the issuance of $70,000 construc¬
—
tion bonds.
Elmwood Park
School District No.
(P. O. Chicago), III.
Bonds
Voted—At
an
election
on
Feb.
an
issue
the
7
of
struction
voters
$550,000
authorized
school
con¬
bonds.
Evanston High School District
.
No. 202, III.
Election—At an
Bond
to be held
will
election
April 10 the voters
on
consider
the
issuance
of
$1,600,000 construction bonds.
Markham, III.
Bonds
held
Dateck March
1,
1948.
Mill
Beach
First
Miami
National
Beach.
The
Bank
of
approving
Shoals
Bonds
bonds
will
12,
upon
be
Delivery of the
made
be
on
about
or
1948, at Miami Beach
Bank,
or
such
other
be mutually agreed
at time of sale. Bids must
as
may
printed forms and accom¬
panied by a certified check for
$14,000. /;/. ■
on
GEORGIA
Bibb
County (P. O. Macon), Ga.
Bond Offering Details—Relative
clusive,
issue
to
or for
mature
$50,000 annually
County (P.
Savannah, Ga.
is
scheduled
to
An
—
be
held
on the question of issuing
$1,000,000 school building bonds.
shortly
HAWAII
Honolulu
(City and County),
Hawaii
Bond
Sale
—
The
,
-
series E bonds offered on
March 15—v. 167, p. 1199—were
purchased by Bear, Stearns & Co.,
Hirsch & Co., both of New York,
Kaiser & Co., of San Francisco,
Breed & Harrison, Inc., Seasongood & Mayer, both of Cincinnati,
Wurts, Dulles & Co., of Philadel¬
phia, and Robert Hawkins & Co.,
of Boston, jointly, at a price of
100.0365, a net interest cost
2.6078%,*as follows: $285,000
maturing
2V4s,
$57,000
from 1953 to 1957;
maturing
INDIANA
sealed bids until 10:30
$57,000
from
March
on
Feb.
as
15,
1958
to
$58,000 from 1961 to 1969,
and
$522,000 as 2%s, maturing
$58,000 from 1970 to 1978, all incl.
Dated Feb. 15, 1948. Principal and
interest
(F-A)
payable at the
Chemical Bank & Trust Co., New
1960;
for the
31
a.m. (CST)
purchase of
$250,000 not to exceed 3% interest
municipal airport bonds.
Dated
April
3,
1948.
Denomination
Due as follows: $8,000
$9,000 on July 1 in
$1,000.
Jan.
and
l
1950 and 1951; $6,000 Jan. 1 and
July 1 from 1952 to 1969 inclusive.
Bidder to name a single rate of
expressed in
interest,
of i/4 of 1%.
multiple
a
Interest J-J. A
cer¬
tified* check for $7,500, payable to
order of the
bid.
each
obligations
all of
bonds
the
of
unlimited
from
on
city, must
The
accompany
general
are
city,
payable
ad valorem taxes
the city's taxable propr
erty.
Jasper, Ind.
Offering—A. J.
Bond
>
Sermer-
sheim, City Clerk-Treasurer, will
sealed
bids
until
7
p.m.
(CST) on April 6 for the purchase
of $550,000 not to exceed 3% interest
electric
utility
revenue
bonds. Dated April 1, 1948. De¬
nomination $1,000.
Due $10,000
April and Oct. 1, from 1949 to
1953; $12,000 April and Oct. 1,
in 1954 and
1955; $15,000 April
and Oct. 1, in 1956 and 1957, and
$19,000 Aptil and Oct. 1, from
1958 to 1966, all incl.
/
redeemable
bonds shall be
The
option of the city on any
interest payment date after issu¬
ance
in their inverse numerical
at
the
order at face
value, together with
the following
premiums: 6% if re¬
deemed on or before April 1, 1953;
if
4%
redeemed
after
April
1,
and on or before April 1,
1958; 2% if redeemed after April
1953,
1,
1958,
and
of plus in each
$693,000 as 2V2s,
election
an
Indianapolis, Ind.
Bond Offering—Phillip L. Bayt,
City
Controller,
will
receive
$1,500,000
sewer,
At
—
recently the voters approved
the issuance of $25,000 road im¬
provement bonds.
receive
O.
Proposed Bond Election
ap¬
$180,000
held
$1,250,000 of the
from 1949 to 1973 inclusive.
Chatham.
voters
of
Township (P. O.
Shoals), III.
Voted
opinion of Chapman & Cutler, ol
Chicago, will be furnished the
successful bidder.
election
an
the
issuance
Mill
Denomi¬
Principal and inter¬
payable at the Miami
(M-S)
the
17
a
nation $1,000.
est
Voted—At
Feb.
on
proved
and accrued interest.
par
prior to maturity;
interest to the
case
redemption. Notice
of such redemption shall be given
at least 30 days prior to the date
fixed for redemption by one publication in a newspaper or finan¬
date fixed for
journal of general circulation
published in the City of Indian¬
apolis and by one publication in a
newspaper or financial journal of
cial
general
circulation
in
Chicago.
of the
rate
of interest which the bonds are to
bear. The bonds will be awarded
bid
must
be for
all
York
Each
der
bonds and must state a single
City. The next highest bid¬
was
the First Boston Corp.,
1.70s, at a price
C. J. Devine & Co., Merrill Lynch,
of
basis of 1.636%.
only bid for the certificates, which Pierce, Fenner & Beane, and Hel¬
Dated April 1, 1948. Due serially
ler, Bruce
& Co., jointly, for
are dated Nov. 1, 1947 and mature
on April 1, from 1949 to 1960 incl.
on Nov.
1 from 1948 to 1977 incl. $342,000 2s; $404,000 as 2V2s, and
Principal and interest (A-O) pay¬
Certificates maturing from *1957 $754,000 as 2%s, at 100.09.
able
at
the
Hartford National
of New York,
the
at Twater
system bonds.
Bank of the State of
,
•^Bond Offering
•
a
authorize
1, 1953, to Sept.
1, 1957, at 103% of par. From
March
election
School District No. 6
(P. O. Greeley), Colo.
Bond Sale—The $700,000 build*
Weld County
March 2
From March
shing, Bosworth, Dick & Dawson,
to the offering on March 23 of
Denver, whose opinion will be
furnished
together •; with
the
$2,500,000 school bonds and $300,printed bonds without cost to the July 1, 1953, or on any subsequent 000 road bonds, notice of which
purchaser. A certified check for interest payment date, at a price appeared in— v. 167, p. 1199—we
Bid¬ now learn that with respect to the
2% of the amount of the bid, pay¬ of 105 and accrued interest.
able to the Treasurer of the City der, to name a single rate of in¬ school issue, bids may be made for
and County, is required.;/^'
terest, expressed in a multiple of either the full amount of $2,500,y4 or 1/10 of 1%.
Principal and 000, to mature $100,000 annually
La Junta, Colo.
interest,. (J-j)
payable at the on Jan. 1 from 1949 to 1973 in¬
—v.
April 1 from 1949 to
until
bids
April
on
Highway
improvement
bonds.
Dated July 1, 1948.
Denomina¬
tion- $1,000.
Due July 1, 1968.
Callable in whole or jn part on
by Per¬
are dated
April 1, 1948, and mature $15,000
on
sealed
the pur¬
chase of $2,500,000 not to exceed
2% interest coupon postwar State
(EST)
of
bonds
•1973, incl.
1952; $15,000 from
to
1957;
$20,000 from
to 1968, and $25,000 from
to 1973, all incl.
callable, due March 1.
250,000
1974, optional in whole or in
part on any interest date on
30
days' notice, as follows;
place
Delaware
prospective bidders by
be
1969
III.
Bonds Defeated—At
85
to
National
DELAWARE
mine which bid shall be accepted.
A printed form of proposal will be
will
1958
to
of the par
bonds
sewer
24
ILLINOIS
Algonquin,
follows:
April
Town
corporate authorities shall deter-,
bonds
1953,
from
date
certified
Co., and will be issued subject to
the favorable opinion of Gross,
Hyde & Williams, of Hartford,
whose opinion will be furnished
the purchaser without charge. A
bids
disregarded.
1950
Hartford Na¬
interest,
delivery
obligation
$450,000 non-callable, due March
1, as follows:
$10,000 from
Trust
&
genuineness by the Windsor Trust
de¬
are
Bank
including
of
the sale of the
on
there
The bonds will
lesser
as
Feb.
on
County District Court
a
judgment approving the issuance
of $1,000,000 hospital bonds.
noon
amount, but not
less than $650,000, as will be suf¬
ficient to produce work contem¬
plated) not to exceed 4% interest
Co., Hart¬
ford, on or about April 5, 1948,
upon tender of the purchase price,
commission be al¬
or
will receive sealeo
(EST) on March
29 for the purchase of $700,000 (oi
such
Supreme Court
cover¬
Clerk,
until
Co.,
the basis of $100 and
on
interest.
validation
Surfside, Fla.
Offering—F. R. Johnston
Bond
Issuance Approved—The
a
on
pay¬
Trust
Hartford Na¬
be delivered at the
ac¬
of
at the
De¬
Idaho
bonds.
enue
divided
$60,000
1958, incl.
of
County (P. O. Pocatello),
Bond
ing the proposed issue of $2,000,000 gas system acquisition rev¬
general
Due
Windsor
or
should be
accrued
shall
and
par
certification
51
IDAHO
Bannock
affirmed
The
—
City Attorney to issue
of
coupon
1948.
Fla.
Sought
Court has been requested
on
tional Bank & Trust Co., Hartford,
at the option of the holder. Bids
purchase
fort, each
None
the
at
Windsor,
readvertise said bonds for sale. It
is permissible to bid different in¬
rates
1,
April 1, from 1949 to
Principal and interest (A-O)
^ny and all bids and
bonds.
school
Dated April
nomination
$1,000.
making the best bid, subject to
the right of the corporate authori¬
ties to reject
terest
1%%
bonds.
premium, if
will
Manager, will receive
sealed bids until 2 p.m. (EST)
March
30
for
the
purchase
the lowest
annually
•
ter, ./Town
Validation
by the
bids
Windsor, Conn.
the bonds at par.
Each issue of
bonds shall be sold to the bidder
$233,000
from
1963, incl.; $26,000 in 1964 to 1965,
$27,000 from 1966 to 1968,
•
bidder
in¬
Circuit
Town
Bond Offering—Richard H. Cus¬
any, above par at which such bid¬
der will purchase the
bonds; or
(b) the lowest rate of interest at
the
in
State
Pensacola,
Bond
for
authorized by the voters of
the city and
county at a regular
election held on
May 20, 1947.
Bidders are required to submit
separate bids • for*-each issue of
which
$326.
Haven, second high bidder,
a rate of 0.90%, plus a piemium of $15.51,
were
interest and
callable
are
1957, or on any subsequent in¬
terest dates, at varying premiums
depending on the date of call.
named
Trust Co., New York
City, at
the holder's
option.
The bonds
of
premium- of
a
the above Manager and should be
County Sehool Districts
(P. O. Redwood City), Ca'if.
trict
March
ers
rate
incl.
numerical order, on Nov. 1,
New
thereafter.: Princi¬
(a)
were
by Caldwell, Marsnall, Trimble &
Mitchell
of ..New
York
City.
Charles "W. Scranton & Co., of
pal and interest payable
(A-O) at
the office of the
Treasurer of the
city and county, or at the Bank¬
bonds, specifying:
12
17, 1948 and due
March 17, 1949. Legality approved
April 1,, 1959, shall
subject to redemption at the
option of the city and
county on
April 1, 1958, or on any interest
furnished
San Mateo
Bond
plus
Dated
be
payment date
1977
verse
''V.\
$156,000 series
awarded to Day, Stoddard & Wil¬
liams of New Haven, at 1% in¬
after
equal bids and such bids
—
Sale—The
M-I notes offered March
and ?30-000 in
•
.
Housing Authority,
to
(1303)
""
Note
tionat$t000Priyii\^?ldsDemnat^
Offering—R. W. Cothran,
Bond
Haven
terest,
Calif.
Merced),
Hartford. The
bidder r was
Day,
highest
New
v
Plan ad a
'
CHRONICLE
Stoddard & Williams, for 1.70s, at,
100.347.
as follows:, $15,1952; $20,000 in
.
Elementary Sch. Dist.,
Merced County (P. O.
FINANCIAL
Trust Co.,
next
500/-OO municipal hospital
bonds;
bid of 100.17 for 3s was
made by the County Employees
Retirement Association.
0nd high
•
Bank
&
to
the highest qualified bidder
complying with the terms of sale
and
offering
to
purchase the
•
52
THE COMMERCIAL
(1304)
bonds at the lowest rate of inter¬
in
est,
purchased recently by the
White-Phillips Co., Quail & Co.,
both of Davenport, and the Carleton D. Beh Co., of Des Moines,
jointly, as 2Vzs, and 2%s;
was
multiple
of y4 of 1%,
without reference to premium. If
two
a
or
bidders offer to pur¬
more
bonds*
chase the
est rate of
at the same low¬
No bid
for less than the par
value of the
including accrued interest
bonds,
from the date thereof to the
date
of
delivery will be considered.
Principal and interest (A-O) pay¬
able
the
at
Bank,
German-American
Jasper.
Delivery
of
the
bonds will be made within 21
after
in
date
the
of
sale
days
such
at
bank
City of Jasper
as the suc¬
designate. The
cessful bidder may
approving opinion of Ross, McCord, Ice & Miller, of Indianapo¬
lis, together with a transcript of
the
proceedings
had
relating
to
the issuance of the bonds will be
furnished to the purchaser at the
■j'
of the city. No conditional
expense
v
bids will be considered.
Certified check for
ble to
the
Enclose
$10,000,
a
paya¬
27 have been sold
urer's office.
Bidder to
rate
other things
preference will be
of
being
given
equal,
the
to
lowest rate
ing
the
name
interest and,
to
bidder
naming the
of interest
pay
and
par
and offer¬
in¬
accrued
terest
or better.
City will furnish
legal opinion of Chapman & Cut¬
ler, of Chicago; purchaser to fur¬
nish
printed
heck for 3%
bonds.
of the amount of the
bid is required.
Dike
certified
A
\
Consolidated School District,
Bonds
School
Secretary of the Board of
Trustees,
will
receive
sealed
bids until 7:30 p.m.
rejected
was
proposal
building bonds
$200,000
the
.at
March
issue
school
1949
to
1967
$1,000 April
1968.
1
Bidder
rate
of
multiple
A-O.
to
interest,
!4
of
name
of
1%.
to
in
order
of
Fund
an
invest
•
hospital
election
$100,authorized at
February
local
to
sold
was
banks.
Bonds Defeated—At
March
on
the
8
the
issuegymnasium bonds.
proposed
*
•
Sale
Bond
.■
Bond
Election —At an election
March 29 the voters will con¬
tion
with
• > ;.
Details—In
the
sale
of
:;
;
v
issue
Arispe
of
>
>„
connec¬
the
$3,200
$20,000
,v•
.
...
/
<~we
sold
'
learn
that
the
bonds
were
5s,'..V■■
as
,
Bonds Defeated—At
an
March '8 the voters refused to
on
authorize
issue of
an
$8,000
ing
offered
March
on
March 1, 1948.
Due
follows: $2,000 from
.and
12
on
on
clusive.
Interest
on
Election—At
an
election
March 29 the voters will
sider
issue
an
con¬
of
$55,000 play-'
ground improvement bonds.
.
;/;%•;:;
Kansas
Sale—The
offered*,on
$73,000
March .15—v.
bonds
167,
p.
purchased by Mark
Henry & Co., of Atchison, as iy2s,
at par, as follows:
'
;. '
:
v
$48,000 street improvement bonds.
Due. serially from 1949 to 1954
inclusive.
VI
Rapids, Iowa
Election
Bond
on
:
—
At
an
\..
election
March 29 the voters will
sider
''
:
Bond
•.
Buhler, Kan.
Sale—The
issue of $800,000 water
system bonds.
-V-
works
extension
,
,
6
have
been
)■
bonds
ized at the election held
purchased
water
author¬
on
March
by
the
Indep. Sch. Dist., Iowa Dunne-Israel Investment Co., of
Bonds Defeated—At an election Wichita, at a price of 100.02, for
Clear Lake
[■
on
March 8 the voters refused to
authorize
an
of
issue
$195,000
building bonds.
V
/
'
,
-Clinton, Iowa
1
r
a
1
y-
000
t
L,--
•
improvement
airport
'
■ <
»
i
/
-r
2y4s, and 2s.
bonds
April 20 the voters will
sider
the
issuance
school site and
of
Dated
to
the
reason
15,
ligations
all
of
Charles,
for
School
15,
con¬
$985,000
building bonds/
v'
5
No.
25
bonds.
98,500
School
District,
School
Ward
District
1
1
District
No.
3
District
No.
4
J
57,000
School
bonds.
41,000
No.
.
.
School
on
Parish
School
will
1958.
constitute
legally
of
to
binding
the
will
the
levy
of
of
$225,000
election
building
/./'■:-•
■
•
l
Donaldsonville. La.
C.
Boucher-
Secretary of the Commission
Council, will receive sealed bids
eau,
p.m.
valid
and
(CST)
on
April
all
within
be
subject
unlimited
certified
check
for
ad
$3,770,
dated May
15, 1948. Interest M-N.
Rate of interest to be in
multiples
1/10 of 1%. Bidders
may
state in their bids as
many as two
rates of
interest, but there shall
be no more than
one rate for
or
14
La
Bond
maturity. Principal and in¬
terest payable at the
office of the
Treasurer
Parish
School
the bonds will
Board.
be awarded
most advantageous
r1.
the District. The
of
recognized
agreeable to the
School
to
approving opin¬
bond attorneys
purchaser
Board
will
be
and
fur¬
nished.
Rapides Parish
Commissioners,
will
bids
11
' of
Apnl 13 for
$250,000
"e-s
not
1:30
.the
to
p.m!
sealed
(EST)
on March 31 for the pur¬
of $800,000 not to
exceed
chase
-
interest
4%
struction
until
school
coupon
bonds
to
from
1959
1958
of
1954
to
1956
inclusive; $17,000, 1957;
$18,000dn
V
$45,000
Principal
Trust
rates
or
and
incl.
(A-O) payable at the
Co., Baltimore.
Mercantile
Rate
1968
expressed in
of
interest
1%. The bonds
terable
as
certified
to
are
principal
check
is
urer,
for
-..a,,,,';;.
be
or
regis-
Only./A
$20,0bo,
pay¬
County Treas¬
required.
Legal
of Mudd & Mudd, of La
of
to
multiple of y8
a
opinion
Plata, and
Niles, Barton, Morrow & Yost
of Baltimore will be furnished the
successful bidder.
Ocean
water
1947
City, Md.
Sale—An
Bond
issue
of
$100,-
improvement bonds of
purchased
was
recently by
Co., of Balti¬
more, as follows-: $55,000 35/2S, due
on Oct. 1:
$5,000 in 1952 and $10,the Mercantile Trust
from 1953 to 1957, inch; and
$45,000 4s, due $10,000 from 1958
to 1961, inch, and $5,000 in 1962.
C00
These
bonds
originally of¬
were
fered in December 1947.
Salisbury, Md.
Bond
Election
election
the
issue
an
of
;
At the
—
$200,000
May 4
consider
will
voters
and
water
system extension bonds.
sewer
massachusetts
Boston, Mass.
Hearings
on
Truck
Terminal
Authority
views
project
cent
Proposal
Conflicting
expressed'at a re¬
were
hearing
committee
—
wisdom! of the
the
to
as
the'' legislative
by
transportation on a
on
bill to establish an au¬
proposed
thority. to undertake construction
and operation of two union truck
terminals as a means of alleviat¬
city.
ing traffic congestion in the
about $5,-
The projects would cost
000,000,
be
tax-exempt,
obtained
through the
would
and
funds
sale
by the r authority of 45-year
bondsf
revenue
receive
City Treasurer; will
nan,
sealed
until
bids
March 22 for the
000,000
1948
Bren-
Offering—Henry F.
Note
3,-1948.
and due Nov.
Holyoke, Mass.,
Note
Offering:
Lucey,
ceive
City
II
until
bids
b.
will re¬
March 23 for the pur¬
on
chase at discount of
issued
>•
Joseph
—
Treasurer,,
sealed
(EST)
$5,25,
March
Dated
notes.
(EST) on
noon
purchase of
$500,000 notes
anticipation of revenue
in
for the year 1948. Dated March 2%
1948 and payable Nov. 24, 1948 a
the
Notes
will
be
genuineness
to
as
ot
authenti¬
Shawmut Bhnk
National
:
ah«
validity by the aforementionea
bank,
under
advice of Storey,
Thorndike,
Boston.
*
Palmer
.
.
16
& Dodge
-\.
\
Lynn, Mass.
Note Sale—The
rary
•
-
.
Trust
awarded to
the
Co., of Lynn, at
count.
Due
Nov;
submitted the next
0.874%,:
;.f
.
$700,000 tempo¬
loan notes offered on
were
ot
•
Marcn
Security
0.87,%^ dis¬
18,:U948.
Bosto
highest bid
Merchants National Bank,
from
con¬
1948.
incl.,
to
and interest
exceed
?ublic improvement
Dated
$16,000
a.m.
Dated
April 1, 1948. Denom. $1,000. Due
April 1, as follows: $35,000 from
pur-
May L 1948 De¬
nomination $1,000.
Due May
1, as
follows: $13,000 in
1949- suonn
lyod,
re¬
ceive
cated
(P.O.
Alexandria), La.
Offering—Marion FogleSecretary of the Police Jury
Bond
w
County (P. O.
Plata), Md.
—
Boston.
chase
author¬
Feb. 17.
on
Offering
Bernard L.
President of the Board of
any
//qT^eceivt bi.fs unt«
an
The
obliga¬
District
man,
Bond Offering—J.
8
1956
payable to the School Board.
The bonds and
certificates are
District
were
election
an
to be
Chapman & Cutler
maryland
Denom.
property
bonds,
until
in
District
Ju
are
va
a
as
Election—At
issue
years
for $500. Due May
(P. O. Lake Charles), La.
April 5 the voters will consider
an
one
taxable
of V4
i<Z
suo*
parish's
certified
Legality
Bonds
Charles
5an¬
Enclose
the
M-S.
Bond
period of 5
a
the
the
1, 1948. v Due se¬
on March
1 from 1949 to
inclusive... Interest payable
ized at
be
a
per
building bonds.
bonds
ion
bonds.
No. 23
tax
thereon.
$22,000
<
Dated March
Calcasieu,
of
one
bonds.
bonds.
levy
follows: $16,000 in 1949
1950, $17,000 in 1951 and
1952, $18,000 in 1953, $18,500
in 1954, $20,000 in
1955, and
p.
No.
District
District •:will
the
and
Cal¬
bonds.
119,000
and
property
the certificates and in¬
$1,000,
[t -'*
ad
188,500
a
-
District
valorem tax to
pay the bonds
and interest thereon.
Enclose
167,
by
Chicago.
certified check for
$780, pay¬
able to the School Board.
$225,000 bonds
District
the
taxable
valorem
to
follows:
as
$138,000" School
constitutue
legally binding ob¬
of
to
to pay
is required.
Bank, of
Lake
will
the
terest
A certi¬
4—v.
indebted¬
$7,000 in 1949
the
num
(P. O. Oberlin), La.
March
of
subject
Allen Parish School District
on
of
0C0
follows:
mill
y
Sale—The
approved
and
within
louisiana
Bond
Jury, is required.
ex¬
follows:
valid and
tions
check for $1,500
the
to
1950, $8,000 in 1951 and
and
fied
for
1952, and $9,000 in 1953. The
rejected for
bonds.
2
not
certificates
as
certificates
No bid will be
$1,000
until
Denom. $1,000. Due May
as
considered which offers less than
per
Board
bids
April
on
certificates
ness.
1,
A
able to order of the
Offered
School
$227,500
interest
and
52
Rapides
Secretary-Treas¬
Parish
(CST)
of
4%
No.
District
receive/ sealed
ceed
prescribed terms
alone.
$73,500
refunding
Certificates
purchase
to
and conditions will be
ap¬
of
and
Wells,
of the
noon
revenue
March
voters
Alexandria),
Parish, La.
and
$39,000
building
an
issuance
School
M.
urer
all of the
on
1/10 of
O.
will
receive sealed
(CST) on
purchase of $65,-
prior
bonds.
lndeoend~nce School District, Kan.
Bond Election—At an election
on
Bonds Sold—An issue' of $190,-
the
Bonds
warned that bids which do not
1958
$43,500
con¬
the
department
(P.
approving legal opinion of Wyatt
& Grafton, of Louisville.
Bidders
rially
.
At
9
Pineville
interest. The City will furnish the
that
—
'
election
bonds.
maturity in
whole or in part, in inverse nu¬
merical order, upon 30 days' prior
public notice at 103 and accrued
72,000
IK/-,
"
an
Works
redemption
conform
Voted
proved
the
by the
bonds
unlimited ad
property.
1949
Iberia, La. v"
March
on
fire
to
Consolidated
Cedar
4
Bonds
held
1949 to 1952; $4,000 in 1953
1954; $5,000 in 1955 and 1956;
$8,000 in 1957, and $9,000 from
,
100.07.
*
on
yy'/y
■■
New
W. A. Moore,
592—were purchased by the
casieu Marine National
25,000 swimming pool bonds. Due
Indep.
serially from 1949 to 1958 in^
School District, Iowa
t; : elusive. ;;;%
; . .-v
Bonds.. Voted—At; an election
»' The
next
highest bidder was
;helcj on March 8 the voters ap¬
Lucas, Farrell & Wackerle, for
proved the issuance of $127,000
$44,000 iy2s, and $29,000 l%s, at
construction bonds.
Blairstown
school
the voters refused to
1200—were
Bettendorf, Iowa
Bond
-
Bend
gas
$1,030
Atchison, Kan.
^
proposition to issue
distribution system
revenue bondfe, originally sched¬
uled for March 30, has been can¬
celled. A new date is being con¬
Denomination $1,000.
Due
March
1, as follows: $3,000
offered
J-D.
be furnished the purchaser.
,
and
the
on
p.m.
bonds.
taxable
of
Jury
The
from
County
Natchitoches, La.
Cancelled—Elec¬
tion
office
Police
ana
(M
check for $5,000, payable to
order
of the
Treasurer of the
Perry,
Bond Election
1948.
an
issue
of
$185,000
purchase and construc¬
U;.:;:ryv
approving opinion of Chap¬
& Cutler, of
Chicago,, will
man
3%
payable
by
purchased
clusive.
will
7.15
15—v.,
March
on
892—were
$800,000
the
the
bidder.
lorem taxes
April 1, 1948. Due serially
April 1, from 1949 to 1968 in¬
on
election
an
tion bonds. '"A.
1955,
payable
8
school site
Dec. 1, as
1949 to
March
authorize
$3,000 from 1956 to 1967 in¬
The
an
Bends Defeated—At
,
State
on
Washington Indep. Sch. Dist., Iowa
purchased by the Bennett
Bank, as 2s, at par. Dated
were
election
an
of $50,000
auditorium
gymnasium bonds.;
';
Sale—Tbe $50,000 build¬
bonds
\
the voters authorized
issue
Bennett Consolidated Sch. Dist.,
Iowa
Bond
District, Iowa A
Bonds Voted—At
March 8
con¬
struction bonds.
,
School
Rowan
locally at pri¬
—
March 22 for the
are
election
offered
p.
eessful
Dated
1960, all inclusive.
Out¬
standing bonds will be subject to
special assessment bonds to R. C.
water Lutze, of Perry, at par, as reported
in pur Feb. 9 issue—v, 167, p. 696
Consolidated Sch." Dist.,'
Iowa
- ' •<";•
y:
H
until
1958
,
an
167,
at
of
Treasurer
at any bank specified
Barrow, Leary Co., of Shreveport,
at a net interest cost of 2.94%.
and
oD $200,000
:
Bond
bonds
payable
N)
and
Police
Sch. Dist.
1 (P.O. Ruston), La.
Sale—The $400,000 school
No.
from
Perry/ Iowa
.
sider
Clerk,
bids
election
100.27.
bonds.
City
rejected
an
voters
7
were
Somerset, Ky.
000
Independent School Dis¬
trict, Iowa
-y
' '
Feb.
on
The bonds
Bond Offering
6
re¬
special election
Ruston
Parish,
bonds, divided
O. Winterset),
Jan.
on
were
V2 % school
Bonds were
Jan. 6.
ori
—H.
vate sale.
building bonds.
bonds
to be
Benton),
bids
offered
167 p. 591.
coupon
Iowa
Sold—No
bonds
revenue
Bonds Sold—The issue of
was
Avoca,
Bonds
ceived for the $65,000 3
Dis-
Iowa
000
direct
and
County (P. O.
Kentucky
subsequently sold
Madison County (P.
purchased re¬
cently by Shaw, McDermott & Co.,
of Des
Moines, as 2%s, at a price
on
Marshall
is required.
authorized at the
for
Sinking
obligations of the State, has been
by -the legislature and
awaits approval of the Governor
an
Ottumwa
'
securities
—v.
j " Bonds Sold—An issue of $37,000
-v.
Government
on
an
Algona, Iowa
•
an
>
an
State
Commission, authorized to
surplus State funds in U. S.
election
in
:
authorized
Iowa
trict,
issue of $110 000
l0WA
of
on
Legality
approved by Chaties & Trau-
Es¬
providing
a
March 8 the voters authorized
School
bidder.
bonds
election
an
$750, payable to order
for
ernicht of St. Louis.
approved
Consolidated School
V
approving legal opinion of Ross,
McCord, Ice & Miller of Indian¬
apolis will be furnished the suc¬
airport
voters
Bends Voted—At
limited ad valorem taxes and the
i'J
building
garage
bill
of
A certified
clusive. Interest J-D.'
sidered/;,
Kentucky (State of)
Sinking Fund Commission
on
$9,000
the
5
Laurel
Term, must accompany each bid.
The bonds are
payable from un¬
cessful
maturing on or
1952, will be subject
to prior redemption.'
election
an
provement bonds.
a
$1,000,
the
Bonds
issue of $32,000 water system im¬
Interest
A certified check for
payable
Feb.
1,
single
a
1969.
voters authorized
the
of
Bonds Voted—At
Oct.
expressed
March 8
Kellogg, Iowa
inclusive, and
and. $2,000
1092—were
p.
establishment
bonds.
from
in
8
District, Iowa
Bonds Voted—At
(CST)
building
bonds.
Dated
April
1,
1948.
Denominations
$1,000 and $500.
Due as follows:
$1,000 April 1 and $1,500 Oct. 1
awarded to
Fox, Reusch & Co., of Cincinnati,
at a price of 102.525, a net interest
cost of about 2.646%, as follows:
$75,000 2%s. due on Jan. 15: $3,000
in 1950; $4,000 from 1951 to 1956,
incl.; $5,000 from 1957 to 1962,
incl., and $6,000 from 1963 to 1965,
incl.; and $25,000 3s, due $6,000
from 1966 to 1968, inch, and $7,000
167,
1949 to 1968 in¬
15 from
June
on
Lincoln
Grayson County (P. O.
Leitchfield), Ky.
Bond Sale—The $100,000 hospi¬
tal
bonds
offered March 15—v.
tablished— A
April 19 for the purchase of
$50,500 not to exceed 4% interest
on
2y4s and 3y4s.
as
KENTUCKY
election.
Iowa Falls School
Jan.
on
after Jan. 15,
Defeated—The
issue
election held
at .the
incl.
Principal and
interest payable at the City Treas¬
$22,500 water
bonds author¬
extension
system
protection bonds. Dated March 1,
1948. Due $20,000 on Nov. 1 from
1958
1963.
of the city,
Sold—The
Bonds
ized
to
drainage bonds. Dated June 15,
1948.
Denomination $1,000. Due
1959; $19,000 in 1960
and .$20,000 in 1962
Principal and interest
1961,
check
Ulysses, Kan.
bids until 7:30 p.m. (CST) March
for purchase of $200,000 flood
1949
has been
6
1958 and
interest sewerage and
exceed 6%
'
sealed
22
to
Bond Offering—Frank L. Rein-
■
receive
Iowa
Long Beach School Town (P. O.
Michigan City), Ind.
I
will
city.
'
mann,
Clerk,
the
at
Due serially
locally as l%s.
Aug. 1, 1953.
'
to
Iowa
Bond Offering—K. W. Gardiner,
City
Jan.
on
sold
Council Bluffs,
will be made to the bidder offer¬
$55,000
authorized
election held
purchase of $35,000 not to
for the
City, Kan.
bonds
water
.
interest, then the award
ing the highest premium.
Ness
Bonds Sold—An issue of
Monday, March 22, 1943
CHRONICLE
FINANCIAL
&
.
*
167
Volume
Middlesex
THE COMMERCIAL
County (P. O. East
Cambridge), Mass.
T
,
Number 4683
Alpena, Mich.
Note Sale —The
$50,000 notes
offered March 15—v.
167, p. 1201
$200,000 series
1,
Sale—The $500,000 temnnvarv.
loan
notes offered on —were awarded to the Alpena
March 16—v. 167, p. 1202—were Sayings Bank, at 2V2% interest.
Irchased by the National Rock- Dated March 20, 1948 and due
Ld Bank, of Boston, at 0.599% Aug. 1, 1948. McDonald-Moore &
Sunt. Dated March 19, 1948. Co. of Detroit, second high bid¬
Due Nov. 4, 1948.
The next high¬ der, named a rate of Z%% and a
premium of $2.
est bid of 0.76% was submitted by
the National Shawmut Bank, Bos¬
Avon and
Note
tional
Newton,
Bond
-
Mass.
Halsey, Stuart & Co.,
Ripley & Co., Inc., Kid¬
der Peabody & Co., of New York,
Blair & Co.* Inc., and Estabrook
& Co., of New York, as l%s, at
a
price of 100.16999, a basis of
1731%. Dated Feb. 1, 1948. Due
serially on Feb. 1, from 1949 lo
1968 inclusive.» Principal and in¬
terest (F-A) payable at the First
National-iBank of Boston. The
posed of
Harriman
District
No.
W.
Due Jan.
to
1984 in¬
*
the
Detroit
Trust
1965
and
1966;
$190,000
and
1963;
1970;
$200,000
in
and
$210,000 in
$220,1972;
$230,000,
1974;
$240,000, 1975; $250,000, 1976;
Dearborn, Mich.
000
to
of
notes,was
the
First
awarded
of
Detroit,
1971;
March
6
Michigan- Corp.,
.and
.
Braun|
Bos-
be
held
an
election
April 6 the voters
on
Berlin
Note
Sale
—
porary
loan
March
12—v.
N
H
The
$200,000
notes
167,
p.
term-
offered
on
1093—were
Perry County (P. O. New
Augusta), Miss.
Bond
and
chants
the Greenville Bank & Trust Co.,
0.93%.
Bank;
all of
.
worth
in 1978.
Bonds
National
Greenville,
1973;
as
Bank,
Jackson
*
Bond
maturing from
National
2s and 2Vis.
MISSOURI
$260,000 in 1977 and $275,000
*
First
$215,000,
000,
An issue of $515,-
—
to
Election—At
will consider the issuance of $700,000 construction bonds.
in
1967
Co., Detroit.
'
Note Sale
Bond
purchased by the National Shaw¬
mut Bank, of Boston, at 0.98%
Offering — The
County discount. Dated Mai'ch 15, 1948.
any subsequent interest pay¬
Clerk
will
receive
sealed
bids Due Dec. 15, 1948. The next high¬
ment date, at par and accrued
until March 29 for the purchass est bidder was the First National
interest.
of $150,000 bonds to mature over Bank,
Boston, at 1.09%.
5,000,000 series II bonds.
Due
a
period of 25 years.
Jan. 1, as follows: $110,000 in
Manchester, N. H.
1951
and
1952;
Note Sale—The $500,000 tempo¬
$120,000 in
Washington County (P. O.
1953
and
1954;
$130,000 in
Greenville), Miss.
rary loan notes offered on March
1955
and
1956;
Bonds Sold—An issue of $600,16 were awarded to the Second
$140,000 in
1957
and
1958;
$150,000 in 000 county hospital bonds was National
Bank,
of Boston,
at
1959 -and
1960;
$150,000 in purchased recently by a * group 0.88% discount.
Dated March 16,
1961
and
1962;
$170,000 in composed of First National Bank 1948 and due Sept. 16, 1948. The
1963
and
1964;
$180,000 in of Memphis; Commercial National next highest bidder was the Mer¬
1969
at
NEW HAMPSHIRE
Laurel, Miss.
$10,000 ; from
inclusive, and
callable, in inverse numerical
order, on Jan. 1, 1958 or on
Guthrie,
61, due April 15, 1962, have been
called for payment on April 15,
1948, at par and accrued interest,
1954
Bonds maturing from
1959 to 1964 inclusive will be
2
District Treasurer, announces that
1937 refunding bonds, Nos, 52 to
to
CHRONICLE
clusive.
Mich.
Bond 'Call—Frank
:
I bonds.
$15,000 from 1955
(P. O. Rou'.e 3, Rochester),
Sale—The $1,250,000 vet¬
housing bonds offered on
March 15—v. 167, p. 1200—were
nurchased by a syndicate com¬
erans'
School
FINANCIAL
follows:
as
1959
Shelby Townships Frac¬
ton.
&
Portsmouth, N. H.
Note
enue
County (P. O.
Independence), Mo.
Offering ,,— Truston
Bank, Boston, at
fered
W.
Sale—The $250,000 rev¬
anticipation notes of 1948 of¬
March
12
were
awarded to
the Second National Bank of Bos¬
& .Co.* Inc., ,of
Toledo,
at
0.80%
discount.
Dated
1974 to 1978 will be callable Kirby* County Treasurer, will re¬ ton,
jointly, at 1%% interest; Dated
March 15, 1948 and due Oct. 15,r
ceive sealed bids until
11
a.m.
1948.
April 1, 1948 and due May 1, 1949, j?.T/ on Jan.. iy 1963 or on any subThe
Merchants
National
Fenn & Co./Stone & Webster Se¬
?
sequent
interest
payment (CST) on March 31 for the pur¬
curities Corp., Goldman, Sachs & Payable at the City Treasurer's
chase of $246,000 general obliga¬ Bank of Boston, only other bid.-:
date, at par and accrued in¬
office. Successful bidder to -pay
' >
tion bonds,' ;divided
Co.,. and ?, Equitable - . Securities
as
follows: der, named a rate of 0.819%/
terest.
for legal opinion and printing of
Corp., jointly, for 2s, at 101.903.
\
All of the bonds will be dated $164,500 County Parental School
the notes.
;
NEW JERSEY
Norwett, Mass. -v.-. May 1, 1948. Denomination $1,000; v - bonds* Due April 1, as fol
Avalon, Ni J.
lows:
$61,500
in
1951
and
Bond Offering —?! Margaret Croin case
of
non-optional bonds
Detroit, Mich. •
"•
Bond Offering -r- Adelaide C.;
..'••/
Note Offering—J. N. Daley, City and upon
weli, Town Treasurer, will rerequest of successful ; ■ -$100,000 in 1952.
Knipe, Borough Clerk,? will re¬
> 81,500 County
Home .bonds. Due
ceive sealed bids until ■ 11 a.m. Controller," will
receive sealed bidder, denominations will be is¬
ceive
sealed bids until 2 p.m. ?
April 1/1951.
. '
■
'
(EST) on March 23 for the pur¬ bids until 10 a.m. (EST) on March sued in multiples of $1,000/ Rate v.
(EST) on April 6 for the pur¬
All of the bonds are dated Apri
chase of $135,000
coupon water 31 for the purchase of $2,000,000 or rates of interest to be expressed
chase of $32,000 not to exceed 6%
bonds of 1947* •; Dated April
1, Street Railway : revenue notes. in a multiple of Va or 1/10 of 1%. 1, 1948. Bidder to name the rate
interest
coupon
or
registered;
1948., Denomination $1,000.
Due Due as follows:" $200,000 Oct.' 1, All of the bonds of any one ma" of interest on each ; issue in a
water improvement bonds.
Dated
turity must bear the same rate. multiple of Va of 1 % and all the
^5,000 on April 1 from 1951 to 1948; $200,000 April 1 and Oct. 1
April
1,
1948.
Denomination •
1977 inclusive. Bidder to name a from 1949 to 1952 incl., and $200,- Principal and interest (J-J) pay¬ bonds of each issue must bear the
$1,000.
Due $2,000 on April 1
single rate of interest, expressed 000 April 1, 1953:
l
^
' able at any suitable banking in¬ same rate. Principal and interest from 1949 to 1964 inclusive. The
stitution
in
the
United
States payable at the Commerce?Trus';
in a multiple of % of 1%.
Prin¬
$16,000
bonds
maturing
from/
cipal vand .semi-annual
interest Independent and Springfield Town¬ designated by the successful bid¬ Co;, «Kansas City. . A certifier 1957 to 1964 inclusive are callable;
ships fractional School District
der for the respective series?
A check-for 2% of the bonds " bid in whole or in
payable at the Second National
part, in inverse
No. 3 (P. O. Clarkston), Mich.
Bank of Boston.
The bonds are
certified check
for
2%
of the for must accompany each pro¬
numerical order, on April 1, 1949
Bond .Call
Keith L. Leak, bonds hid
for, payable to order posal. Bonds, payable from un¬ and
general obligations of the town,
on
any
subsequent interest
payable
from
unlimited
ad District Clerks calls for payment of the Treasurer of the Commis¬ limited ad valorem taxes, will be
payment date, at par and accrued'
valorem taxes on all of its tax¬ on April 1, 1948, 1940 refunding sion, must accompany each pro¬ sold subject to
approving lega
interest plus a premium of 2% if
Nos.
101
to
105, at the posal.
able property. The bonds will be bonds
Legal opinions of Dorsey, opinion of Stinson, Mag, Thomson
redeemed on or before April 1,
Detroit Trust Co., Detroit.v
&
Fizzell, of Kansas
Colman, Barker, Scott & Barber, McEvers
prepared under the supervision of
1950; thereafter and to April 1,
and authenticated as to genuine¬
and Oppenheimer, Hodgson, City. A certified check for 2% 0
1952, at 1V2 % premium; thereaf¬
Melvindale, Mich. •
the bonds bid for is required.
ness
by' the
Second / National
Brown/ Donnelly & Baer, of St.
ter and to April 1, 1954, at 1%
Tenders Wanted—Irene Coogan,
Bank of Boston.
Paul will be furnished the suc¬
Legality to he
premium; thereafter and to April?
NEBRASKA
:
City Clerk,, will receive sealed cessful bidder.
Any other- legal
approved by -Storey,- Thorndike,
1, 1956, at M % premium, and
tenders until 7:30 p.m. (EST) on
Palmer & Dodge of Boston. .
opinion to be paid for by the suc¬
Bridgeport, Neb.
thereafter at par. Bidder to name
April 7 of series 1 and 2 refunding cessful
Bond Election—At an election
bidder,
but bids condi¬
a
single rate
of interest, ex¬
Sharon, Mass.
bonds, dated Dec. 1, 1943. Only tioned on such an
opinion will not on April 6 the voters will consider
pressed in a multiple of l/a or
Note Sale—The issue of $100,- tenders at a discount price will be
be considered.
an issue of $14,000 street lighting
?/1/20 of 1%. Principal and interest
000 tax notes offered March-17 considered,
,//
V
system installation bonds.
(A-O) payable at the First Na¬
was
awarded to the Merchants
Newton Township (P. O. New
tional Bank, Cape May.' A cer¬
Oakland County (P. O. Pontiac),
National.; Bank
of
Boston,
at
/ Creighton, Neb.
:
York Mills), Minn.
tified check for $640, payable to
Mich.
Bond Election—At an election
0.835% discount. .Due Nov. 26,
Bonds Voted—At an election on
order of the borough, is required.
Bonds Called—Various county
1948. The Norfolk County Trust
Feb/27 the voters authorized an on April 6 voters will fconsider the
Legal opinion of Hawkins, DelaCo. of Dedham, second high bid- portion, township portion and dis¬ issue of
following bond issues: $6,000 mu
$20,000 road bonds.
field & Wood of New York City
trict
portion highway improve¬
der, named a rate of 0.849%.
nicipal
hall ' construction - and
will be furnished the successful
ment bonds aggregating $126,000
:
Pine Island Township (P. O.
$4,000 airport improvement.
Somervilla, Mass.
bidder.
•
?
v
have been called for payment on
Pine Island), Minn. <
Note Offering—Walter E. Col¬
Day kin, Neb.
Bond Sale Details—The $53,000
May 1, 1948, at par and accrued
Burlington Township (P. O.
.
Bond Election—At an election
lins, City Treasurer, will receive
interest, at the Detroit Trust Co., road construction bonds sold to
Burlington), N. J.
sealed bids until noon (EST) on
on March 23 the voters will con
Detroit.
??/./ J. M. Dain & Co., of Minneapolis,
Bond Sale—The $27,000 water
sider an issue of $44,000 water
March.24 for the purchase at dis¬
as 2.10s,
at a price of 100.269—v.
system assessment bonds offered
No Tenders—No bids were re¬
count of $500,000 notes issued in
works system bonds.
167, p. 1201—are dated March 1,
March 16—v. 167, p. 1093—were
anticipation of revenue for the ceived in connection with the call
1948 and mature qn March 1, as
Neligh, Neb.
awarded to the Mechanics Na¬
current
year.
Dated March 24, for tenders on March 15 of county
Bond Election—At an election
follows: $5,000 from 1950 to 1958
tional/ Bank of Burlington, as
1948 and due Dec. 15, 1948. Pay¬ highwayimprovement
(Covert)
on April 6 the voters will consider
incl., and $8,000 in 1959. ;
:
1 %s, at par. Dated March 1, 1948,
able at the Second National Bank bonds, dated Nov. 1, 1935 and due
an
issue of $53,000 water works and due on March 1 from 1949 to
of Boston. The notes will be au¬ Nov. 1, 1958.
Rothsay, Minn.
bonds.
1958, iricl.
Second high bid of
thenticated as to genuineness and
Bonds Voted—At an election on
100.214 for 2V4S was made by BoRoseville, Mich.
North Platte Sch. Dist., Neb.
validity by the Second National
March 2 the voters-will consider
Bond Election—At an election land, Saffin & Co. of New York.
Bank of Boston, under advice of
.Bonds Defeated—At an election an issue of $50,000 sewage dis¬
on April 6 the voters will consider
Storey,
Thorndike,
Palmer
& on March 8 the voters defeated posal plant bonds.
Cumberland County (P. O.
an
issue of $987,000 construction
the proposed issue of $30,000 elec¬
Bodge of Boston.
Bridgeton), N. J.bonds.'
■
•
tric light, athletic and recreation
MISSISSIPPI
Bond Offering — William A.
Southbridge, Mass.
bonds.
Scottsbluff, Neb.
"./■ ■
Note Sale—An issue of
Dickinson, County Treasurer, will
$250,000
Columbia Municipal Separate Sch.
receive sealed bids until 8 p.m.
Bond Election—At an election
tax notes was
awarded on March
MINNESOTA
District, Miss.
U to the
on
April 6 the voters will con¬ (EST) on April 15 for the pur¬
First National Bank of
Bond
Legality Approved—An
sider an issue of $95,000 sanitary chase of $195,000 not to exceed 6%
Boston, at 0.89% discount.
Golden Valley (P. O. Route 14,
Due
issue
of
$15,000
214%
school sewer extension - and improve¬ interest coupon or registered gen¬
Nov: 15, 1948. The
only other bidMinneapolis), Minn.
bonds, dated Feb. 15, 1948, has ment bonds.
eral improvement bonds.
ber w£s
Dated
th§ Second National Bank,
Bond
Sale—The
$21,000
fire been approved
by
Charles •&
April 1, 1948.
Interest A-O. De¬
Bostori, at 0.916%.
Scribner, Neb.
station bonds offered March 16— Trauernicht of St. Louis.
nomination $1,000.. Due April 1,
Bond Election—An election is
'■'f
•*
v. 167, p.
1093—were awarded to
as
follows: $10,000 from 1949 to
AValtham, Mass.
Columbus, Miss.
scheduled to be held April 6 on
Kalman
& Co., of St. Paul, as
1967
inclusive;
and J $5,000
in
^Bond Sale—The $260,000 school
Bond Legality Approved—The the issuance of $6,000 municipal
bonds;, offered ' on March 16—v. 2.65s, at a price of 100.163, a basis
1968.
Principal and interest pay¬
following $140,000 214% and 234% library building bonds.
1 'P- 1200—were; purchased by of about 2.62%. Dated April 1,
able at the County Treasurer's
V
/
.•*
'v •
bonds, dated Feb. 15, 1948,: have
*• S.
office.
Bidder to name a single
Moseley & Co., of New York, 1948, and due on April 1 from been
Sidney, Neb.
r >
approved as to legality by
Bond Election—At an election rate of interest, expressed in a
"5s, at a price of 10R30, a basis 1950 to 1968, inch Bonds maturing Charles & Trauernicht of St.
Pt.1.857%,. Dated April 1, 1948. after April 1, 1959, will be call¬
on
April 6 the voters will con¬ multiple of lA of 1%. A certified
Louis: $110,000 sanitary sewer and
sider an issue of $25,000 park im¬ check for 2% of the bonds, pay¬
serially on April 1, from 1949 able on said date or on any sub¬
$30,000 sanitary sewer system ex¬
able
to
order
of
the
County
inclusive.
Principal and sequent interest payment date. tension bonds.
provement bonds.
merest
Treasurer, is required.
Legality
i(A-O) payable in New Second high bid of 100.48 for
South Sioux City, Neb.
ork
to be approved by Caldwell, Mar¬
City. The next highest bid- 2%s, was made by the AllisonGreenwood, Miss.
Bond Election—At an election
r
Williams Co. of Minneapolis.
was
shall, Trimble & Mitchell of Nevtf
Halsey, Stuart & Co., for
Bond Sale—The $30,000 flood to be held on April 6 the voters
2s> at 101.029.
York City.
Minneapolis-Saint Paul Metropoli¬ protection bonds offered March 17 will consider the issuance of $60,v.
167, p. 1201—were awarded 000 water revenue bonds.
tan Airports Commission (P. O.
Madison School District, N.J.
MICHIGAN
to
the Bank, of Commerce,
of
Saint Paul), Minn.
Bond
Offering — Donald' W.
Sutton, Neb.
Greenwood, as IV4S, at a price of
Adrian School District, Mich.
Bond Offering—Robert Aldrich,
Bond Election—At an election Garwood, District Clerk, will re¬
Bond Offering—Sealed bids will Executive Director, will receive par. Dated April 1, 1948 and due
ceive
sealed bids
until $ p.m.
on
April 6 the voters will con¬
oe
received until April 5 for the sealed bids until 2 p.m. (CST) on on April 1 from 1949 to 1953 incl. sider an issue of $7,500 memorial (EST) on March 31 for the pur¬
Second high bid of
100.51 fol¬
field purchase and improvement chase of $225,000 not to exceed
April 1 for the purchase of $5,next
highest bidder, was Phelps,
.
,
<
:
v,
-
*•
^
_
—
-
...
,
i
.
"
.
i.
,
_
,
f
•
t"
pi
r^"ase of $300,000 construction
J;-s" *ssue was authorized at an
Section
on
March 4.
;
200,000 ' coupon airport
ment bonds/as follows:
improve¬
ios
was
made by the Bank
of Greenwood.
Commerce,
of
bonds.
.
.
.
^
4% interest coupon or
registered
54
THE COMMERCIAL
(1306)
Dated March
construction bonds.
March
Due
1,
as
1954
to
1950
from
inclusive, and
1969 inclu¬
1955 to
$10,000 from
Bidder to
sive.
$1,000.
follows: $15,000
Denomination
1948.
1,
single rate
name a
of
interest, expressed in a mul¬
tiple of i/8 or 1/20 of 1%,
Prin¬
cipal and interest (M-S) payable
National
Fiist
the
at
Madison.
check
certified
A
payable
$4,500,
for
of
the
order
to
of
Bank
Monday, March 22, 1948
CHRONICLE
FINANCIAL
&
collections for the \ fiscal Treasurer, is required. Legal opin¬
beginning March 1, 1948. ion of Reed, Hoyt & Washburn
1949 to
1952 inclusive.
Callable Legality to be approved by Reed, of New York City will be fur¬
on
any
interest payamenL date. Hoyt & Washburn of New York nished the successful bidder.
Principal and interest (annually City.
Greensboro, N. C.
on April 15)
payable at the Bank
New Rochelle, N. Y.
Bond Offering—W. E. Easterof Hamburgh. Legality to be ap¬
Bond Offering—Walter J. Bren- ling, Secretary of the Local Gov¬
proved by Willis, Benzow & Wil¬
nan, Director of Finance, will re¬ ernment Commission, will receive
lis of Buffalo. Second high bid of
ceive sealed bids until noon on sealed bids at his office in Raleigh
100.04 for 1.70s was made by the
March 30 for the purchase of $1,- until 11 a.m. (EST) on March 23
Bank of Hamburgh.
080,000 not to exceed 4% interest for the purchase of $1,470,000 not
Brookhaven Common Sch. Dist,
interest
coupon
coupon
or
registered bonds di¬ to exceed 6%
March
15,
Denomination
1948.
$500. Due $5,500
March 15 from
on
tax
of
year
$300,000 street improvement bonds
maturing on April 1, as fol¬
lows: $40,000 as
4s, maturing
-
from
/
-
.
Education,
is required.
.
all
Legality to be approved by Haw¬
kins, Delafield & Wood of New
York City.
(P. O. Toms River),
Jersey
Voted — The
County
Ocean County
New
Bonds
Board of Freeholders recently ap¬
proved the issuance
highway and bridge
of $275,000
system im¬
Township Sch.
Teaneck),
O.
(P.
Dist.
N. J. >.
sealed
Sappacer-
Clerk,
Denomination
Jan.
1
1, 1948.
Due $10,000
$1,000.
from
1949
Bidder to
in¬
1964
to
name
a
until 8 p.m.
(EST) on April
purchase of $360,000
the
for
14
interest coupon
not to exceed 4%
Dated
April
1,
1948.
Denomination
$1,000.
Due April 1, as follows:
$10,000 from 1950 to 1964 inclu¬
sive, and $15,000 from 1965 to
1978 inclusive. Principal and in¬
or
registered school bonds.
terest
(A-O) payable at the West
National Bank, West
Englewood. Bidder to
name
a
single rate of interest, expressed
in a multiple of Vs or 1/20 of 1%.
A certified check for $7,200, pay¬
Englewood
able to order of the Board of Edu¬
cation, is required. Legality to be
approved by Hawkins, Delafield
& Wood of New York City.
Union
County (P. O.
Elizabeth), N. J.
Bond
Offering
County
Pierson,
N.
Arthur
will
Treasurer,
bids
sealed
receive
—
until
noon
April 2 for the pur¬
$285,000 not to exceed
6%' interest coupon or registered
(EST)
on
for, payable to order of
district, is required. Legality
to be approved by Caldwell, Mar¬
shall, Trimble & Mitchell of New
York City.
March
elusive.
95,000 park bonds. Due $5,000 on
April 1 from 1949 to 1967 in¬
clusive.
Bidder
are
dated April
$1,000.
Denomination
1948.
to
name
a
single rate of
interest, expressed in a multiple
of 1/20 of 1%.
Principal and in¬
terest
(A-O)
payable
at
the
County Treasurer's office or at
the
Union
County
Trust
Co.,
Elizabeth.
')
certified
A
check
for
$5,700, payable to order of the
county, is required.
Legality to
be approved
by Reed, Hoyt &
Washburn of
New^York City.
NEW
MEXICO
Carlsbad, N. Mexico
Bond
on
Election—At
April
the
sider
6
an
election
the
voters will con¬
issuance
of
$500,000
,
■
.
.
from 1949 to 1951; York City, on or about April 20,
in 1952, and $20,000 1948. The bonds will be valid and
1953 to 1958, all inclu¬ legally binding general obligations
"
of the'City, all the taxable real
//•/'}■■[,'*V/ ■i'-
from
Dated March 1,
in
must
and
bonds.
the
of
Principal and interest
will
bonds
as
for all
same
payable
at
the
Irving
Co., New York City. The
(M-S)
York
the
be
delivered
be
City
or
New
at such other place
be agreed
may
about April
chaser
at
which
within
Denomin¬ property
1948.
Rate of interest to be
multiples of V4 or 1/10 of 1%,
ation $1,000.
will
be
subject to the levy of ad valorem
taxes to pay said bonds and in¬
terest thereon without limitation
rate
to
as
state
must
for
est
amount.
or
a
all
Each
bid
single rate of inter¬
bonds. Unless, all
the
rejected, the award will
bidder complying
with the terms of sale and offer¬
bids
are
be made to the
with the pur¬
15, 1948. The ing to purchase said bonds at the
syndicate com¬
posed of Glore, Forgan & Co., of
New
York, California Bank, of
Los Angeles, Barret, Fitch & Co.,
of Kansas City, Kalman & Co., of
St. Paul, Foster & Marshall, of
Seattle, and Fridley & Hess, of
Houston, at 2V4s, at a price of
100.285, a net interest cost of
2.22%.
a
Dated April 1, 1948.
April 1, 1959.
terest
Principal and in¬
payable
highest bidder
Due
A-O.
The
next
Harris, Hall &
Co., Bacon, Stevenson & Co., Cof¬
fin & Burr, and Illinois Co., Chi¬
cago,
was
jointly, for 2y4s, at 100.27.
NEW
&
Trust
First
Syracuse,
100.017,
Deposit
2.10s,
as
at
basis of
a
New
Co., of
price of
a
-
YORK
1,
1948
about 2.09%.
and
due
on
2V4s
high
bid
made
was
of 100.139 for
by the Lincoln
National Bank & Trust Co., Syra¬
cuse.
'
Note
announces
(EST)
on
Bonds
.
.
Not
Voted—At
Offering—W.
Bond
elec¬
an
Aberdeen, N. C.
.
Easter-
E.
ling, Secretary of the Local Gov¬
ernment Commission, will receive
approve the issuance of
sealed bids at his office in Raleigh
$450,000 incinerator plant bonds.
until 11 a.m. (EST) on March 23
J. P. Morgan & Co. Inc.,
for the purchase of $170,000 not
New York, N. Y.
to
exceed
6%
interest coupon,
tion
did
held
on
March
2
the
voters
not
Bond
will
Offering
received
be
the company
—
at
Sealed
the
bids
office
of
at 23 Wall St., New
for the purchase
York
8,
of 86
lots of State and municipal
N.
Y.,
bonds
aggregating $980,000 which
are
being sold by the company
as agents.
Y.
receive sealed bids until 8:15 p.m.
March
chase
on
March 22 for the
pur¬
registerable
and
water
as
to principal only,
sewer
bonds.
Dated
April 1, 1948. Denoms. $1,000 and
$500. Due April 1, as follows: $2,in
000
1951
and
1952; $3,500 in
1954; $2,500 in 1955 and
1956; $3,500 from 1957, to 1960
incl., and $5,000 from 1961 to 1988
incl. Principal and interest (A-O)
payable in New York City* Rate
1953
or
in
and
rates of interest to be expressed
a
multiple
of
V\
of
1%.
The
bonds are general obligations of
$300,000 not to exceed the
town, payable from unlimited
Citizens National Bank of
Spring- 2% interest tax anticipation notes.
ville, as 1.40s, at a price of 100.04, Dated March 25, 1948. Due July taxes. A certified check for $3,400,
a
basis of about 1.383%. Dated
10, 1948.
Issued in anticipation payable
to order of the State
was
awarded
to
the
Offering—W.
E.
Easter-
sealed bids at his office in
Raleigh
(EST) on March 23
for the purchase of $250,000 not
until
to
11
exceed
6%
registerable
series
interest
to
as
coupon,
principal only,
of
Tarboro,
March
15
to
1962
inch;
Legal
Forest, N. C.
Offering-^W. E. Easter-
ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh!
until
11
of
Mitchell
exceed
5%
Oct.
1, 1948. Bidder-to
Phelps^ &
jointly, at
net
cost
$204,000
March
of
Cincinnati,
price of 100.09814,
a
interest
follows:
on
Co.,
1,
of
as
$6 000
a
3.0953%, as
maturing
3s,
from
1949
to
rate
cipal and interest will be payable.
A
certified
able to
check
order
for
of the
$275,
pay¬
State Treas¬
is
required. Legality to be
approved by Mitchell & Pershing
urer,
of New York
City.
Warren
County (P. O.
Warrentcn), N. C.
Bonds Voted—At
March
issue
of
election
on
authorized
an
an
2 the voters
$100,000
hospital
struction bonds.
/
Bond
con¬
.
Whiteville, N. C.
Offering—W.. E.
Easter-
ling, Secretary of the Local Gov-ernment
Commission, will receive
sealed bids at his office in Raleigh
until 11
(ES,T). 011 March 23/
a.m.
the
purchase
exceed
6%
registerable
of $451,000, not
interest coupon,
to
bonds, divided
as
$377,000
and
water
Due
April
000
from
follows:
1,
bonds.
sewer
follows: $5,-;
as
inch;
?■". $7,000 from 1955 to 1957 inch;
$8,000, 1958 to 1963 inch, and
$12,000 from
1964" to
1987
•
incl.
1951
Issues represent a con-,
solidation
„and
of
$84,000
water
sanitary
$293,000
sewer
bonds.
74,000
1954
to
■<
storm
April
1,
sewer
as,
from 1951 to
1964
to
1967
from 1971
Due
bonds.
$2,000
1963 inch; $4,000
inch, and $5,000
follows:
\o 1974 inch
are
:::
.
dated April
1, 1948. A separate bid is required
each issue. Rate
on
terest
to
be
tiple of V4
or
rates of in¬
expressed in a mul¬
of 1%", Principal and
interest'
(A-O) payable in New
City. The bonds are general
obligations of the town, payable
from unlimited taxes. A certified,
York
check for $9,020, payable to.
order
of the State
Treasurer, is required.
opinion
of
Mitchell* &
1964; $10,000 from 1965 to 1967;
$12,000 from 1968 to 1971; $15,000
Legal
in
be furnished the successful bidder.
1972
and
1973, and $75,000 as
3V4s, maturing $15,000 from 1974
to
1978,
all
inclusive.
Dated
March
1,
1948.
terest
(M-S)
York City.
Principal and in¬
payable
in
New
Pershing of New York City will
Wilmington, N. C."
Bond
Election
Contemplated—
A special election is
contemplated
to submit for the voters'
an
approval
issue of street paving
bonds.
Rocky Mount, N. C.
Bond
offered
Sale—The
March
on
1202—were
dicate
$550,000 bonds
16—v.
purchased
composed of the
by
167,
p.
curities Corp., of Durham,
Camp¬
bell, Phelps & Co., of New York
and Fox, Reusch & Co., of Cincin¬
nati,
at
interest
lows:
a
price of
cost
of
" * OHIO
_
100.049, a net
2.3874%, as fol¬
' /
v
Beaver Local School District (P-
a
syn¬
First Se¬
*
principal only,,
as
All of the bonds
$279,000 elec¬
system
bonds
offered
on
March 16—v. 167, p. 1202—were
purchased by the First Securities
Corp.,
of : Durham,
Campbell
name
(payable at maturity of
note) and the bank at which prin¬
Bern, N. C.
Bond. Sale—The
street- im¬
of interest
&
tric
March 23
on
$55,000 not to
interest
provement bond anticipation
notes. Dated April 1,1948. Due
York City will
be- furnished the successful
bidder,
New
(EST)
a.m.
for the purchase of
Treasurer, is required
opinion
on
Wake
y
Note
to
1959
election
an
voters/authorized
as follows: $50,000
system; $50,000 street; $40,-000 cemetery; $40,000 town hall
and fire station; $25,000 water sys¬
tem; $20,000 municipal park, and
$10,000 comfort station bonds. •
/
from
inch; $15,000,
$16,000, 1963;
in
sewer
for
1958
the
Principal
payable
$235,000 bonds
school; building bonds.
Dated Nov. J, 1947. Denom. $1,000.
Due
May 1, as follows: $5,000
to
■
N. C.
Bonds Voted—At
B
1950
'
and
"
1943.
(A-O)
New York City.
a.m.
March 25 for the
NORTH CAROLINA
(EST)
11
Bond
ling, Secretary of the Local Gov¬
ernment Commission, will receive
1.
1,
interest
and
that Pershing of New
bids will be received until
sealed
April
N. C.
of the State
York
Offering—Thomas F. Far-
Chairman,
rell,
Hempstead Sanitary District No. 6
(P. O. West Hempstead), N. Y.
Note Offering—F. H. Bull, Jr.,
Village Clerk and Treasurer, will
Bond Sale—The issue of
$22,000
$200,000
street
im¬
$75,000
bridge;
'
>
apparatus purchase bonds offered
>
April
Mamaroneck, N.
Boston, N, Y.
road,
$15,000 from 1964; to 1966 inch,
approving opinion of Vandewater, lowest rate of interest stated in a and $12,000 from 1967 to 1973.
multiple of V4 or 1/10 of 1%, Principal and interest
Sykes & Heckler, of New York
(M-N) pay¬
City, will be furnished the pur¬ without reference to premium re¬ able in New York City. Rate or
chaser without cost.
A certified spectively. The approving opinion rates of interest to be
expressed
check for $8,800 payable to the of Hawkins, Delafield & Wood of in a
multiple of M of 1%. The
New York City, will be furnished
bonds are general obligations of
City, is required.
to
the
purchaser without cost. the
county,
payable; from un¬
Geddes Common School District
Enclose a certified check for 2%
limited taxes, and are the balance
No. 1, N. Y.
of the amount of bonds bid for, of an
authorized issue of $500,000
Bond Sale—The $40,000 school
payable to the City.
school building bonds. A certified
bonds offered March 11—v. 167,
check for $5,000,
payable to Order
p.
1094—were awarded to the New York City Housing Authorityt
purchase
of
$21,303,000
series
XXXI notes, dated April 16, 1948,
and due Oct. 16, 1948.
V
by
con¬
$225,000
$30,000 fire station; $140,000
fire
fighting r apparatus and
$14,000
$16,000
Second
highway debentures offered
represents
of
v
station.
March 16—v. 167, p. 894—were
Issue
1951
2V2s, matur¬
as
inclusive.
Dated
provement;
»
noon
on
inch; $35,000 from 1963
inch, and $15,000 in
bonds;
park-1946 bonds. Dated
1, 1946. Due March 1,
follows: $31,(300 in 1949 to
March
Oct. 1 from, 1949 to 1962 inclusive.
purchased
to
street, highway and sidewalk
229,000
as
1951
1977
solidation
/
,
from
$15,000
•'1978.
1962 to
$10,000 in
and
Dated
State
to
1951, $37,000 in 1952, $22,000
1953, $15,000 in 1954 to
bonds, as follows: $400,000 sewer
and $100,000 city hall
and fire
New Mexico (State of)
Debenture Sale—The $1,000,000
1962
1950,
1964.
sewer
in
ing $14,000 in 1968 and 1969,
and $15,000 from 1870 to
1977/
general" improvement
Due April 1, as fol¬
lows:
in
1961,
of
and $100,000
bonds.
$148,000
'all
Issue
consolidation
water
and
bonds.
follows: $29,000
$32,000 in
as
and
1949
inch
1987
$6,000
1952; $90,000 as 2V4s, matur¬
ing $6,000 from 1953 to 1967
$25,000
and
1952, and $35,000 in 1953 to r.
$50,000 cemetery bonds.
/;
1955.
Corning, N. Y.
;
AH of the bonds are dated April
Bond Offering — Joseph L. An¬
I Denomination $1 000.
The ag¬ 1, 1948. A separate bid is required
drews, City Chamberlain, will re¬
gregate maturities of all the bonds for each of the two issues. Prin¬
ceive
sealed
bids until
10 a.m.
will be due March 1, as follows:
cipal and interest (A-O) payable
(EST) on March 25 for the pur¬
$100,000 in 1949 to 1951, $105 000 in New York City. Rate or rates
chase of $440,000 not to exceed
in 1952, $95,000 in 1953, $90,000 in of interest to be
expressed in a
5% interest coupon or registered 1954 and
1955, $55,000 in 1956, multiple of % of 1%. The. bonds
bonds, as follows:
$40,000 in 1957 to 1961; $35,000 in are general obligations of the city,
$262,000
public
stadium
bonds. 1962 to 1964, and $20,000 in 1965 payable from unlimited taxes. A
Due
March
1,
as
follows: and 1966. (Average maturity sev¬ certified check for
$29,400, pay¬
$16,000 in 1949 and 1950; $21,- en-years.) Principal and interest able to order of the State Treas¬
000 in 1951; $19,000 in 1952; payable at the
City Treasurer's urer, must accompany the bid.
$15,000 from 1953 to 1958,,and office. The bonds will be deliv¬
Legality opinion of Mitchell &
$20,000 from 1959 to 1963, all ered at the Signature Co., New
Pershing of New York City will
inclusive. •
York City, or at the option
of be furnished the successful bidder.
the holder at the office of Haw¬
178,000 incinerator plant bonds.
Due on March 1, as follows: kins, Delafield & Wood of New
Lincoln County (P. O. Raleigh),
Trust
All of the bonds
1,
1,
in
to
1964
720,000
Due
1948.
1,
1963
,
sive.
April 1 from 1949 to 1967 in-
Marco
the
of
tne
bonds, divided as follows:
$190,000 road and bridge improve¬
ment bonds. Due $10,000 on
2%
bonds.
Dated
bonds bid
of
chase
for
equip¬
dock-1948
and
ment
Ronkonkoma, Lake Ronkonkoma.
check
acquisition,
land
299 000
single
of
certified
$650,000
sanitary
in
comprises
1966.
interest, expressed in a
multiple of J/4 or 1/10 of 1%.
Principal and interest (J-J) pay¬
able
at
the
National
Bank
of
\
from
1964, and $20,000 in 1965 and
Jan.
Dated
$20,000
$38,000 in 1953, $40,000 in 1954
to
1956, $25,000 in 1957 to
„
bids
turing
bonds, registerable as to principal
1950, $37,000 in 1951 and 1952,
pl60,000 not to exceed 5% inter¬
registered construc¬
bonds.
follows:
and
street im¬ only, and divided as follows:
bonds.
Dated $750,000 water and sewer bonds.
March 1, 1947. Due March 1,
Due April l,.as follows: $10,as follows: $40,000 in 1949 and
000 from 1950 to 1962 inch;
est coupon or
tion
as
'
electric
light
system
bonds maturing on April. 1
as follows:
$12,000 as 4s, ma-
$552,000 sewer
provement
will ^receive
ealed bids until 3 p.m. (EST) on
March
30
for
the
purchase
of
District
iua,
rate
Bond Offering—John H. Ranges,
District Clerk, will receive
York
Offering—Ann
clusive.
Teaneck
vided
(P. O. Centereach),
New
Bond
on
provement bonds.
11
inclusive.
250.000
.
No.
as
in
,
of
Board
1949 to
1852, and $260
2%s, maturing $10 000
1953; $15,000 from 1854 to
1962; $20,000 in 1963 and 1984 V
and $25,000 from 1963 to
1937
000
O.
Rogers), Ohio
Bond Sale—The
$305,000
ing
167,
bonds
p.
offered
1094
—
March
were
build¬
17—v.
awarded to
Stranahan, Harris & Co*, Inc., of
Toledo, as 2V2s, at a price of
100.14,
Dated
"a
basis
March
of
1,
about
1948
2.487%.
and
due
Number 4683
167
Volume
THE COMMERCIAL
lar price of par for
April 15, 1962,
Oct. 15, 1962 and
April 15, 1963. A
surprise feature of the sale was
the receipt of a second bid
for the
semi-annually on June 1 and Dec.
i
from
1949 to 1972 inclusive.
Second high bid of 101.64 for
made by a group com¬
Fahey, Clark & Co., First
of
Michigan Corp., and Ryan,
Sutherland & Co.
,
.
■
23/4s was
issue,.a
group composed of Stifel,
Nicolaus & Co., John Nuveen &
posed of
Co., and the Marianna Securities
Corp., all of Chicago, having pre¬
.
Ohio
Cheviot,
sented
Bond Sale—The $28,729.39 bonds
generally expected by the munici¬
pal bond industry, also by State
officials, that the National City
of Cincinnati, as 2s, at a price
100.87, a basis of about 1.77%.
CoM
consisted of:
$24,229.39 street
Sale
bonds.
and due
improvement
bidder.
The
of
Callable in in¬
.
numerical order
verse
Bank syndicate would be the
only
Dated April 1, 1948,
on Dec. 1 from 1949
to 1958, incl.
/
1, 1953, or on any subsequent
interest payment date at par
and accrued interest
just
Dated March 15, 1948,
in
2s
/ V
by
made
was
&
Cincinnati.
ley,
a.m.
Dated
bonds.
212
One bond for
'1948.
April
of interest .to
a
% of 1%.
Principal
and interest (M-S) payable at the
'County Treasurer's office.
successful
the
furnished
be
Com¬
proceedings
of
transcript
will
al¬
time
sufficient
bidder V and
approval thereof by at¬
lowed for
torney for the purchaser. Delivery
other than at any
bank in Colum¬
purchaser's
bus to be made at the
certified
A
expense.
for
check
1% of the bonds bid for, payable
to order
Board
the
of
of County
Commissioners, is required.
Hamilton
Local
:
District,
School
time
the
cover
the
since
issue
an
of
cost of
a
they
offered by the
were
from
a
calculated
terms
on
immediate
buying in¬
variety
ment institutions.
As
re¬
pre¬
underwriters' scale in the second¬
market.
ary
Other
Underwriters—The
derwriting
un¬
in addition to
City Bank, Bankers
Trust Co., Chase National Bank
and Halsey,
Stuart & Co., Inc.,
also include the following:
First
National
Bank,
New
group,
National
the
York; J. P. Morgan & Co., Inc.;
Guaranty Trust Co. of New York;
Chemical Bank &
Trust
Co.; The
Northern Trust Co.; Harris Trust
and
Savings Bank; Continental
National
Illinois
Co. of
Bank
ica
Bank
and
Trust
Chicago; The First National
of Chicago; Bank of Amer¬
T. & S. A.); Harriman
Ripley & Co., Inc.; Blyth & Co.,
(N.
Inc.; Lehman Bros.; The First Bos¬
ton Corp.; Smith, Barney & Co.;
Bond
Offering — Eva Evans,
Clerk of the Board of Education, C. J. Devine & Co., Inc.; Glore,
will - receive
sealed
bids
until Forgan & Co.; Goldman, Sachs &
Ohio
Co.;
Kidder,
Peabody , &
Co.;
p.m. (EST) on April 5 for the
purchase of $230,000 not to exceed Phelps, Fenn & Co.; Union Se¬
curities Corp.; Blair & Coy Inc.;
3%
interest construction bonds.
Dated Jan. 1, 1948. Denom. $1,000. Drexel & Co.; Equitable Securities
Merrill
Lynch, •> Pierce,
Due $5,000 on June 1 and Dec. 1 Corp.;
from 1949 to 1971 incl. Bidder to Fenner & Beane; Paine, Webber,
8
j
the rate of interest in
name
a
mul¬
&
Jackson
Curtis;
R.
W.
Press-
Co.; Salomon Bros. &
Hutzler; Shields & Co.; Braun,
able to order of
the
Board of Bosworth & Co., Inc.; McDonald &
Education,
is
required.
Bonds Co.; The Ohio Company; Stranahan, Harris & Co., Inc.; American
were authorized at the November,
Trust
Co., San Francisco; Barr
1947 general election.
\
tiple of 44 of 1%. Interest J-D. A
certified check for $2,300,
pay¬
prich
&
Ohio
Bond
Sale
j
Details—In
tion with the sale of the
construction
-to
bonds-
Estabrook &
& Co.; Field,
First of Michigan
connec¬
Corp.; The First National Bank of
$125,000 Portland, Ore.; Hayden, Miller &
Fahey, Co.; W. E. Hutton & Co.
Dist.,
167,
were
p.
1202—we learn the bonds
sold
100.772,
a
2lks, at a price of
basis
of 2.155%. Inter¬
as
est payable A-O. The next
bidder
was
Braun,
highest
Bosworth
&
Coi, (Inc., for 2V2S, at 101.442.
*
*'
'
■
Ohio
Bond
000,000 World
tion
167,
bonds
p.
issue of
War
offered
II
Clark
Fahey,
$200,-
compensa¬
March
990—was awarded to
Mercantile-Commerce Bank and
F. S. Moseley & Co.;
Inc.; The Philadelphia
National Bank; Provident Savings
Bank
&
Trust Co., Cincinnati;
Trust
16—v.
a na¬
tionwide syndicate of 283 mem¬
bers headed by the National City
Bank of New York. Bankers Trust
& Co.,
Inc.; Ball, Burge & Kraus;
Central Re¬
public Co., Inc.; Eastman, Dillon
& Co.; The First Cleveland Corp.;
Hallgarten & Co.; Harris, Hall &
Co., Inc.; Hemphill, Noyes & Co.;
Hornblower & Weeks; Kean, Tay¬
E.
Co.; Lee Higginson Corp.;
H. Rollins & Sons, Inc.; L. F.
&
Co., the Chase National Bank and
Rothschild
Halsey, Stuart
Sweeney, Cartwright' &
Co.; B. J. Van Ingen & Co., Inc.;
Weeden & Co., Inc.; The Weil,
Roth & Irving Co.; J. A. White
New
&
Co., Inc., all of
2s, at a price of
100.557, a net interest cost of
1.9289%. The bonds are dated
York,
as
April
15, 1948 and mature semi¬
annually from Oct. 15, 1948 to
April 15, 1963 inclusive.
Public
re-offering of the bonds was made
at prices to
yield from 0.075% to
1-95 %
for bonds maturing on and
before Oct. 15, 1961, and at a dol¬
&
Co.;
Seasongood &
Mayer;
Adams, McEntee & CoM
Inc.;
Bacon,
Stevenson & Co.;
Breed
&
Harrison, Inc.; C. F.
&
Co.;
Childs
&
Co., Inc.; R. S. Dickson
Dominick & Dominick; Eldredge & Co., Inc.; The
Fifth Third Union Trust Co., Cin¬
&
Co.,
issue of $300,000 site
purchase
hospital construction bonds.
an
issue
and
Laverne
Indep,
School
District
Bonds Voted—At
yon, Clerk of the Board of Educa¬
Prescott,
Hawley,
will
receive
sealed
bids
Shepard & Co., Inc.; Roosevelt & tion,
until 2 p.m. (CST) on March 25
Cross, Inc.;
Security-First Na¬
for the purchase of $48,500 build¬
tional Bank, of Los
Angeles; Trust
Company of Georgia; Van Lahr, ing and repair bonds. Due as fol¬
lows:
$6,000 from 1951 to 1957
Doll & Isphording,
Inc; Chas. E.
Weigold & Co.; Inc.; William Blair incl., and $6,500 in 1958. Bonds
will be
awarded
to
the bidder
& Co.; Alex. Brown &
Sons; City
Feb.
Nashville;
Co.; Ginther
House >&
for
Curtiss,
Co.|
&
Graham, Parsons & Co.; The Ma¬
of Buffalo; Reyn¬
Co.; Schoellkopf, Hutton &
Pomeroy, Inc.; Stroud & Co., Inc.;
&
Co.;
Whiting,
Weeks & Stubbs; Robert
Winthrop
&
Co.; The Wisconsin Company;
Wood, Struthers &. Co.; Stern
Bros. & Co.
-
Bond
Sale—The
sold
were
100.551,
a
15—v.
from
bonds
167,
sewer,
offered
1095—
p.
as
144 s, at a price of
basis of 1.65%. ' Dated
Feb. 1, 1948.
1,
$4,900
assessment
March
on
Due serially on Nov.
1949
Principal
to
and
inclusive.
1953
interest
(M-N)
payable at the National Bank of
Paulding.
The
submitted
next highest bid
100.632, for 2V2s.
was
Silverton, Ohio
Bond
ac¬
on
held
tion
not
9
the
an
Offering
Henry Diehl,
Village Clerk, will receive sealed
bids until noon (EST) on April 1
for the purchase of $60,000 3%
playground bonds. Dated April 1,
1948.
Denomination $1,000.
Due
Dec. 1, as follows: $2,000 in 1949;
$3,000, 1950; $2,000, 1951 and 1952;
$3,000, 1953; $2,000, 1954; $3,000,
1955; $2,000 in 1956 and 1957; $3,000,
1958;
$2,000,
1959;
$3,000,
1960; $2,000 in 1961 and 1962; $3,000,
1963;
$2,000,
1964;
$3,000,
—
the
check
certified
Bank.
of the bonds bid for, pay¬
A
United States National Bank,
Portland,
1948.- Due serially
1949
2V4S. Dated April
as
on
April 1,
incl.
1958
to
Interest
Ontario, Ore.
Ryan, City
Recorder, will receive sealed bids
until
voters
for
of
7.30
the
(PST)
p.m.
April 5
on
purchase of $9,800 not to
Dated Jan. 7, 1948. Denoms. $1,000
Muskogee County (P. O.
Muskogee), Okla.
Bond
Sale
The
$1,250,000
separate school bonds offered on
—
March
15—v.
167,
1095—were
p.
purchased by a syndicate com¬
posed of the First National Bank
& Trust Co., C. Edgar Honnold,
both of Oklahoma City, and Evan
L, Davis, of Tulsa, at a net in¬
terest cost of
follows:
$483,000 as 2s, maturing $69,000
from
1951
to
1957; $552,000 as
2V2S, maturing $69,000 from 1958
2.4705%,
and
to
5%
interest
$100. Due on Jan. 7,
$1,000 in 1949, and
No
1952.
will
be
bids
for
Scappoose
No.
Joint
1
March
15
—
bonds
167,
v.
p.
1202—were
purchased by C. Edgar
Honnold, of Oklahoma City, as 2s,
at a price of 100.029, a basis of
1.995%. Due serially from 1951 to
1958 inclusive.
The next highest
bidder
the
was
National
First
&
Trust
Co., Pauls Valley,
Columbia County, Ore.
Bond
Offering
til 8 p.m.
(PST)
purchase of
the
nomination
un¬
$197,000 not to
interest construction
April 1, 1948. De¬
Due April 1,
$1,000.
as
follows: $8,000 in 1949; $18,000
in
1950, and $19,000 from 1951 to
inclusive.
1959
merical order,
Callable
at
par
in
nu¬
and accrued
on April 1, 1953 or oh
subsequent interest payment
date.
Interest A-O. Principal and
interest,
any
interest
payable
the
at
Treasurer's office
or
County
at the fiscal
State in New York
agent of the
L.
bids- until
14,
election
an
on
A certified check
for 5% of the bonds, payable to
order of the district, is required.
1948.
8
Legal opinion of Winfree, McCul¬
(CST) on March 23 for the
of
$60,000
building
required. Legal opinion of Peck, purchase
bonds.
Due $10,000 from 1951 to
Shaffer & Williams of Cincinnati
1956
inclusive.
Bonds
will
be
will be furnished the successful
bidder. 1 The
bonds are payable awarded to the bidder naming the
loch, Shuler & Sayre of Portland
will be furnished the successful
able
unlimited
from
the
of
order
to
village,
£tnd
taxes
is
were
authorized at the November
1947
general election.
Bond
bonds offered March 16
990—were awarded to
Ryan, Sutherland & Co., of To¬
ledo, as 2V2S, at a price of 100.846,
basis
a
p.
of
from
'
PENNSYLVANIA
Cambria
ing to pay par and accrued inter¬
est.
A certified check for 2% of
required." Issue
authorized at an election on
March 9.
O.
(P.
County
Ebensburg), Pa.
Offering — Michael
Bond
C.
Chervenak, Jr., County Controller,
will receive sealed bids until 2
(EST) on April 15 for the
purchase of $331,000 coupon re¬
funding bonds.
Dated April 1,
1948.
Denomination $1,000.
Due
p.m.
Sch. Dist. No. 21
(P. O. R. R., Box 134,
Sand Springs), Okla.
Tulsa County
Sale—The
Bond
Dated
2.407%.
about
1948, and due on Oct. 1
1949 to 1968, incl.
Second
April 1,
bidder.
lowest rate of interest and agree¬
was
Sale—The $50,000 recrea¬
167,
—v.
p.m.
the amount bid is
Toronto, Ohio
tion park
will
sealed
authorized at
Feb.
Dobbins,
Clerk of the Board of Education,
Offering—E.
receive
District
March 29 for
on
were
Bond
The
—
City, at purchaser's option. Bonds
Purcell School District, Okla.
^
District
Clerk will receive sealed bids
—
on
School
(P.O. Scappoose),
Dated
offered
par
(J-J)
payable
at
the
City's Treasurer office.
A certi¬
4%
purchase and construction
than
Principal and
fied check for $500 is required.
bonds.
Valley School District, Okla.
Bond Sale
The $136,000 site
less
considered.
exceed
Pauls
fol¬
interest
and $77,000
'
as
$1,100
from 1950 to 1957, optional Jan. 7,
1965, and $215,000 as 2%s, ma¬
turing $69,000 from 1966 to 1968,
in 1969, all incl.
bonds.
sewer
lows:
as
for 2s, at 100.026.
verton
v.
—
exceed
Bank
for 1%
12
purchased by
tal construction bonds.
$2,000,
1969; $3,000,
1970; $2,000 in 1971 and 1972, and
$3,000 in 1973. PrincipaLand in¬
terest (A-O) payable at the Sil¬
1968;
were
$265,000 site purchase and hospi¬
1965; $2,000 in 1966 and 1967; $3,000,
March
on
—
payable A-O.
elec¬
issuance
School
Paul), Ore.
$150,000 school
1095
p.
from
au¬
March 9.
At
—
an
O.
(P.
Bond Offering—F. P.
March
on
approve
3
1,
bid
Okla.
did
No.
offered
Major County (P. O. Fairview),
Bonds Not Voted
on
building bonds.
of
.■
,
Paulding, Ohio
special
election
were
election
authorized
Bond Sale—The
bonds
check
of the
The bonds
an
and
par
certified
of the amount
thorized at
olds &
H.>: Walker
2%
is required.
rine Trust Co.
G.
St.
the
pay
an
voters
District
and
A
system
Marion County, Union High
167,
interest.
the
24
issue of $45,000
naming the lowest rate of interest
agreeing to
water
School District (P. O.
Eugene), Lane County, Ore.
Cleveland;
crued
$270,000
Goshen
1,. Okla.
Bond Offering—Dennis Lamun-
National Bank & Trust Co., Kan¬
sas
City, Mo.; Commerce Trust
Co., Kansas City, Mo.; Commerce
Union Bank,
of
bonds.
No.
and
ing
site
11—v.
March
167,
build¬
$24,000
bonds
p.
offered
on
1095—were
April 1, as follows: $33,000 from
1950 to 1958 inclusive, and $34,000
Bidder to name a single
1959.
in
for 2%s was purchased by the Small-Milburn rate of interest, expressed in a
Co., Inc., of Co., of Oklahoma City, at a net multiple of Vs of 1%. The bonds
interest cost of 2.942%. Due seri¬ are registerable as to principal
Cincinnati.
ally from 1951 to 1962 incl.
only.
Interest payable semi-an¬
OKLAHOMA
nually. A certified check for 2%
OREGON
of the bonds, payable to order of
Bartlesville Sch. Dist., Okla.
the County Treasurer, is required.
Ashland, Ore.
Bond Election—At an election
bid of 101.35
made by Pohl
&
high
March 30 the voters
on
sider
an
will con¬
building
issue of $400,000
bonds.
Co.;
Ryan, Sutherland & Co.; SeattleFirst National Bank; A. C. Allyn
lor
Co.,
Co.
Co.; Laidlaw & CoMerrill, Turben & Co.; W. H. Mor¬
ton &
Co., Inc.; R. H. Moulton &
Co.; The National City Bank, of
Canute
Otis & Co.,
Bear, Stearns & Co.;
(State of)
Sale—The
Co.;
Richards & Co.;
Clark & Co., of Cleveland, as re¬
ported in our March 15 issue —
v.
Co./ Inc.;
&
Bros.
Mentor Village Local Sch.
&
CHRONICLE
The Illinois
matter of
a
point above the
a
cinnati; Geo. B. Gibbons
of invest¬
fact, longest maturities are
ported to have commanded
miums of about
FINANCIAL
Inc.; Hayden, Stone &
bonus
present
attract
inclusive. Rate
multiple of
plete
to
terest
1,
in
through
bonds
to Ohio veterans of World War I.
to
$900, others
expressed
be
that
underwriters
$1,000
each.
Due
as
follows:
$1,900 on March 1 and $1,000 Sept.
.1, 1949; $2,000 March 1 and $1,000
:
Sept. 1 from 1950 to 1952 inclu¬
sive; and $1,000 March 1 and Sept.
1 from 1953 to 1958
funds
obligation
fact that
/No. 1, Water Mains Improvement
No.
for
appearance
considering that the bonds
represent the only outstanding in¬
debtedness of the State, plus the
Franklin
District
Sewer
first
sion,
(EST) on March 26 for the pur¬
chase of $23,900 not to exceed 3%
interest
out¬
offering would
be readily received by investment
sources
was
a
foregone conclu¬
Assistant Clerk of the Board
will
County
Commissioners,
receive sealed bids until 10
}
market
At
That
Bond Offering—Ella A. McCar-
;of
the
sold
Ohio
•
sole
$25,000,000 4%% ten-year serial
adjusted compensation bonds was
Franklin County (P. O. Columbus),
■
its
marked
i922.
Seasongood
au¬
represent the
general
Second high bid of 100.375 for
Mayer, of
$300,000,000
of
part
of World War II. The bonds
sold
sale
and due on Dec., 15 from 1949
1957, incl.
issue
are
standing debt of the State and the
"
to
the
erans
4,500,00 storm and sanitary sewer
bonds.
$200,000,000 bonds
thorized by the voters of Ohio to
finance payment of a bonus to vet¬
Dec.
on
100.276 for 2s,
based on a net interest cost to
the State of 1.9659%.
It had been
offered March 10—v. 167, p. 990—
iwere awarded to J. A. White &
iof
tender of
a
&
Bond
School District,
Sale—The
Okla.
$16,000 trans¬
portation equipment bonds
March
ed
offer¬
awarded to
Oklahoma City,
interest cost of 2.19%.
16
were
Bond
Offering—J.
Q.
Adams,
City Recorder, will receive
bids until 8 p.m. (PST) on
sealed
March
purchase of $400,000
interest coupon
water bonds.
Dated April 1, 1948.
Denomination $1,000.
Due April
25
the
for
not to exceed 5%
issued subject to
opinion of Townsend, Elliott & Munson of Phila¬
will
Bonds
be
favorable legal
delphia.
•
Pa.
Authority has
for payment on May 1, 1948,
Girard Trust Co., Philadel¬
Mansfield Municipal Authority,
Bond
called
Call—The
$16,000 from 1949 at the
$18,000, 1954 to
phia, 3% series A refunding bonds
at a net
1958
inclusive; $22,000, 1959 to Nos. A-70, A-71 and A-72, due
Due $2,000 from 1951 to 1958, incl,
1963 inclusive, and $24,000 from
May 1, 1981, and A-73 and A-74,
Bonds due due May 1,1982, at a price 103 and
Collinsville School District, Okla. 1964 to 1968 inclusive.
Bond Offering
O. T. Jones, beginning on April 1, 1953, are accrued interest.
E. M. Clohessy, of
follows:
1,
as
to
1953 inclusive;
—
Clerk of the
Board of Education,
will receive sealed
bids until 7:30
(CST) on March 24 for the
purchase of $22,000 building and
site bonds.
Due $2,000 from 1951
to 1961 inclusive.
Award will be
made to the bidder naming the
p.m.
callable
on
said date or on any
able at the City
Treasurer's office.
general obligations
of the city,
payable both from
water revenues and ad valorem
A certified check for $5,000
lowest rate of interest and agree¬ taxes.
ing to pay par and accrued in¬ is required. Legal opinion of Winterest.
A certified check for 2% free, McCulloch, Shuler & Sayre
of the amount of the bid is re¬ of Portland, and of William M.
Briggs, of Ashland, will be fur¬
quired.
nished the successful bidder. Bids
Grant County (P. O. Medford),
must be unconditional.
The bonds are
Okla.
Inc.;
"
an
election
April 6 the voters will
consider
Bond
on
Election—At
Bonds Voted—At an
Feb.
24
the, voters
election on
authorized an
Bond Offering
Secretary
zur,
School
—
of the Board of
will receive
Directors,
sealed bids until
April
on
Dist., Pa.
Veronica Ma-
Kensington Sch.
New
subsequent interest payment date.
Principal aud interest (A-O) pay¬
7:30 p.m. (EST)
12 for the
purchase of
$150,000
coupon
school bonds.
Dated April 1, 1948.
Denomina¬
$6,000 on April
1963 inclusive
Bidder to name a single rate of
interest, expressed in a multiple
tion
1
of
for
T>.>
$1,000.
Due
1949 to
from
of 1%.
A certified
$3,000, payable to order
y4
T^ncm-or
ic
check
of the
rPfMlired.
56
Legality to be approved by Burgwin, Churchill & Ruffin of Pitts¬
burgh.
Philadelphia, Pa.
Offering—The City Con¬
Bond
troller
will
receive
sealed
bids
until April 13 for the purchase of
$45,800,000 bonds, divided
fol¬
as
lows:, $24,000,000 sewage disposal;
$10,000,000 airport; $7,500,000 gas
works; $3,000,000 street, and $1,300,000 transit and buildings.
r.
Bond
Offering
Frey,
ceive
tf.
1
i r
receive
(CST) on
purchase of
$263,000 not to exceed 3%% inter¬
est general obligation bonds di¬
sealed bids until 11 a.m.
March
vided
check
until
for
10
2%
a.m.
of
to be in
-a''
(
unlimited ad valorem taxes
r
t
U;
of its taxable real
73,000
,'t M'
Williamsport,
)'■:
i
Sale—The
provement
bonds
all
Thomas
of
&
2%s, at
to
Pa.
offered
New
1%
of
with not
apply
rates to
entire
the
than
issue
and
rate to
one
not
apply to
single maturity. A certified check for $1,460, payable
to the County Trustee, is re¬
quired.
March
f1-'
also
a
1950 to
$76,000
Dated April
1, 1948. The bonds
being issued subject to the ap¬
proving opinion of Chapman &
Cutler of Chicago, which opinion,
together
with
the
completed
bonds,
1969
March 15
on
inclusive. Bids
bonds to
on
annually
from
ma¬
1950
to 1974 inclusive.
of the
/
jP
sealed bids until 8 p.m. (EST) on
March 30 for the purchase of $9,-
from
1
1949 to
incl. Rate
1957
!■
tiple
t
check
of
%
for
of the
of
$180,
Ramsey,
Chairman,
will receive
sealed bids until 1 p.m. (CST) on
April 5 for the purchase of $143,not
exceed
to
bonds, divided
$18,000
hospital
as
bonds.
Bonds
be-
due
ginning April 1, 1959 will be
Treasurer, is re¬
quired. Legality to be approved
by Townsend, Elliott & Munson
of Philadelphia.
in inverse
callable
numerical
order, at par and accrued in¬
terest, on April 1, 1958 or on
subsequent interest
ment date. :
"
any
pay¬
RHODE ISLAND
\)f*.
ii
Warren, R. I.
Bonds Voted—At
on
March 15 the voters authorized
(k.
election
an
issue ..of
$250,000
plant bonds,
ment
*
'
'
•
■
an
treat¬
sewage
'
.
{
'
.
P
P
Town
i
for
will
a.m.
receive
on
March
the
purchase at discount
$250,000 notes issued in antici¬
pation of taxes for the current
of
! >:•
<
Treasurer,
sealed bids until 11
26
fiscal year. Dated March 29, 1948
and due Nov. 5, 1948. The notes
■
will
be
authenticated
as
to
gen¬
uineness and validity by the First
National
Bank
of
Boston, under
advice
of
Storey,
Thorndike,
Palmer & Dodge of Boston,
.
Hayti, S. Dak.
Bond
Town
bids
Offering—R.
Clerk, will receive
until
h
<
chase of
)'<
'
interest
V "
) L:
April
,
i
Parks,
sealed
16 for the
.pur¬
$28,000 not to exceed 3%
water
system
bonds.
May 1, 1948.
Due as fol¬
$3,000 from 1950 to 1954 in¬
clusive; $2,000 from 1955 to 1957
inclusive, and $1,000 from 1958 to
1964 inclusive.
Interest payable
semi-annually. These bonds were
lows:
,,
h..
b
authorized
K
at
an
election
on
I
Milbank,
*
.*»
-
.
-Mi
■
S.
Bonds Voted—At
must
the
bear
than
more
rate and not
same
two
rates
be
may
the hospital bonds. Both
named
on
issues
are
direct
general
obliga¬
tions of the county, payable from
unlimited ad valorem taxes.
A
certified
Da1'.
check
for
2%
of
the
Co.,
the
at
expense
Enclose a certi^
payable to
County.
fied check for $32,000,
Bond Offering—W. M.
Clerk,
bids
until
will
7:30
Carr, Jr.,
sealed
receive
(CST) on
April 20 for the purchase of $200,000
not
to
p.m.
exceed.
4%
interest
water works bonds of 1948. Dated
April 1, 1948. Denom. $1,000. Due
April 1, as follows: $8,000 from
1949 to 1952 incl.; $9,000, 1953 to
1956
incl.;
incl.,
incl.;
$10,000,
1957
to
1960
$11,000 .from
1961
to
1964
and
$12,000
from
Co.,
rates
New
York
(not more
1965
to
City.
Rate
than two) of
interest to be exoressed in
tiple
of
1/4
or
1/10
of
light bonds. Dated April
Denomination $1,000. Due
a
1%.
mul¬
The
1949 to 1958 in¬
Bidder to name a single
interest, expressed in a
clusive.
of
rate
from
1
Oct.
on
multiple of Va of 1%- Principal
and semi-annual interest payable
at
the
First National Bank of
Legality to be approved
Boston.
Palmer &
by Storey, Thorndike,
Dodge of Boston.
'
Vt.
Rutland,
election
Bonds Defeated—At an
March 2 the voters refused to
on
authorize
$959,000
of
issue
an
water bonds.
V
Vt.
Winooski,
<
,
March
the
2
-
rejected
voters
proposed issue of $300,000
street improvement bonds.
the
Bond
bonds
.
(P. O.
Arlington), Va.
Offering—A. T. Lundberg
/
,
..
Bond
offered March 11—v. 167, p. 795—
were awarded to the Harris Trust
Clerk
receive
Savings Bank of Chicago, and
J. C. Bradford & Co., of Nashville,
jointly, as 2%s, at'a price of 99.11,
a
basis of about 2.809%. Sale con¬
$185,000 North Side High School
bonds. Due Feb. 1, 1968.
Due Feb.
School
1, 1966.
All of the bonds
1, 1948.
Feb.
the
of
of
of
chase
4%
of
Sch.
school
from
1949
name
expressed
1/10
or
to
1953
single rate
in a mul¬
a
of
an
A
Schools,
to
only
or
office
as
as
both
to
to
princinai
principal
and
interest.
Legality approved bv
Chapman & Cutler, of Chicago
and by Hon. Smith
Troy, Attorney
General of the State of
Washing
8"
ton.■. v'
Bonds
Publicly Offered—Kuhn
Loeb & Co., and A. C.
Allyn £
Co., Inc., and associated under
writers made public
re-offering of
the. bonds on March
of par
18 at
a
price
and accrued interest.
pro.
the sale of the
bonds
will
be
used
to
provide funds
sufficient to pay the cost of
ceeds from
con¬
structing
the
Tacoma
Narrows
Bridge, including incidental costs
legal and financial, in connection
therewith
and
interest
on
the
during the period of con¬
struction.
.""v '.y ■"
/• :
Contracts for the
construction
of the bridge by Bethlehem Paci¬
fic; Coast Steel Corporation, a
subsidiary
of
Bethlehem Steel
Corporation, and John A. Roebling's Sons Company were let on
March
13,
1948.. These
contracts
without
clauses and
1%.
are
.
flat
escalator
any
calling for completion
within 27 months.
Under
the law of the State of
;
the
bridge
will
be
part of the State primary highway
system and all expenses of opera¬
and
tion
maintenance
including
The
paid
be
out
of
All gross reve¬
of the bridge will be used to
nues
principal of and interest
pay
on
the bonds.
More than four years
of experi¬
scientists and
engineers
assure
the State of
Washington, that the design of the
new bridge will eliminate all the
features which made the original
ments
house
bonds.
lows: $1,000 from 1949 to 1958 in¬
clusive; $2,000, 1959 to 1965 inclu¬
sive; $3,000, 1966; $4,000 in 1967
New
check
to prin¬
as
eminent
by
York
for
2%
City.
of
the
bonds bid for,
payable to order of
County Treasurer, is required.
Legality to be approved by Wood,
bridge unstable in high winds.
engineers considered wind
velocities
up
to 120 miles per
hour and believe that the final
conditions.
the
&
Dawson
of
.
New
York
gV'-C.
Associated
ciated
in
Underwriters—Asso¬
underwriting
the
are:
Harris & Co., Inc.;
Bear, Stearns & Co.; John Nuveen
Stranahan,
Stifel, Nicolaus & Co., Inc.;
Higginson Corporation;
Equitable Securities Corporation;
Blair & Co. Inc.; Eldredge & Co.
Inc.; Pacific Northwest Company,!
Barcus, Kindred & Co.; Welsh,
& Co ;
WASHINGTON
Lee
will
exceed
Bank,
certified
King
City.
Dist.,
registerable
are
T. A. Pollan,
$135,000 not
interest
Treasurer's
bridge developed by these experi¬
ments will be stable under any
on
Texas
—
5
Jl
said
National
election
construction
Independent
Offering
$1,000. Due $15,000
1
Va
in
Highway Funds.
on
interest,
agent
The
bonds.
Bond
fiscal
Coupon bonds in $1,000 denomf
tions, registerable at the ShiI
cipal only. Principal and interest
(M-S)
payable
at
the
County
Treasurer's office, or at the Chase
.
authorized
$20,000
option, at the nrbA
cipal office of the Chemical
£t
& Trust Co., New York
City
a.m.
10
of
March
on
I
(trustee?!
Washington Tacoma,
at holder's
or
v
an
voters
of
Fabens
until
bids
sealed
Denom.
1948.
in£r "■
National, Banw
bonds
Indep Sch. DisTexas
17
issue
5%
premi„
and
the
dated Feb.
■■■
Bonds Voted—At
the
insurance, will
March 30 for the pur¬
$150,000 not to exceed
interest coupon parks
and
(EST)
chase
tiple
TEXAS
\
of
at
will
County Board,
incl. Bidder to
bonds.
,
are
'
Clifton
the
of
playground bonds. Dated March 1
sisted of:
Denmark
office
Washington
Arlington County
Sale—The $225,000
(M-S). payable
1
O.
County (P.
Jackson, Tenn.
without
Principal
,.
Bonds Defeated—At an election
on
and
bonds
VIRGINIA
Madison
Kitsap County
(P. O. Port
Orchard), Wash.
Bond Sale—The
$95,000 general
obligation bonds offered on March
15
—
v.
167,
p.
1204
-—
were
pur¬
chased by the State, the
only bid¬
der, as 2y2s. Dated April 1, 1948
Interest payable A-O. Due
serially
April 1 fiom 1950 to 1963 incl
on
Company; Tripp
Davis and
Inc.;
&
Collins
Cross,.
Inc.; Julien
Walter
Company;
&
& Co.
Company, Inc.,
&
Stroud
Roosevelt
DempWashington Toll Bridge Authority sey & Company, The First Cleve¬
and 1968; $7,000, 1969 and
1970;
land Corporation; M. B. Vick «
(P. O. Tacoma), Wash.
$8,000,
1971
and
1972; $11,000,
Bond Sale—A
1973 to 1975 inclusive; $12,000 in
syndicate headed Company; Hickey & Company,
1976 and 1977, and $13,000 in 1978. by Kuhn, Loeb & Co., and A. C. Inc.; Murphey Favre, Inc.; MasonAlternate bids will be considered Allyn & Co., Inc., both of New Hagen, Inc.; F, Brittain Kcmm;dy
for the bonds to be callable in 10 York, purchased, pursuant to an & Co.; Martin, Burns & Corbett,
years.
The district prefers to is¬ agreement reached with the Au¬ Inc.;
Hannaford & Talbot;
sue optional bonds.
Principal and thority on March 12, a new issue Haupt & Co, and Wm. P. Harp
or
successful bidder.
electric
1, 1948.
$15,000
of $150,000 coupon
chase
the County Trustee.
Rate
or
bonds.
the
National
Trust
improvement
bidder
First
City
Treasurer, will re¬
ceive sealed
bids until 7 p.m.
(EST) on March 24 for the pur¬
Village
bee,
bonds,
successful
interest
County
Legal opinion of Chapman & Cut¬
ler of Chicago will be furnished
an
$70,000
Trust
&
approving opin¬
of Chi¬
Hardwick, Vt.
Offering—Guy W. Larra-
Bond
together with the completed
will be furnished to the
cago,
the
payable to order of
Trustee, is required.
on
an
Bank
The
bonds bid for,
election
of
be
expressed in a multiple of Va of
1%.
The county building bonds
March 3 the voters authorized
issue
to
incl. Principal and interest
(A-O) payable at the City Treas¬
urer's office, or at the Guaranty
-
t*
for all
or
interest
1968
March 2.
h
of
Rate
Nashville, Tenn.
Dated
'
Mi
K
L.
Bank, of Nash¬
bid for each issue
none.
bonds.
ion of Chapman & Cutler,
Dated April 10, 1948.
Denomina¬
tion $1,000.
Due April 10, as fol¬
the
SOUTH DAKOTA
Chemical
New York.
the Third National
or
Monti,
maturity. No bid for less
than
par
and accrued interest.
Principal and interest payable at
the
V*'
Voted—At a recent elec¬
tion the voters authorized an i:sua
of $125,000 power plant expansion
Bonds
any one
receive sealed bids until 7.30 p.m.
(CST) on April 15 for the pur¬
may
Westerly, R. I.
Offering—John L.
Note
ply to the entire issue, provided;
however, that no more than one
interest rate may be named for
All of the bonds are dated April
1, 1948.
Principal and interest
(A-O) payable at the Jackson
County Bank, Gainesboro, or at
ville, at holder's option. Bidders
'
than three rates to ap¬
Superintendent
..
|.t r
multiples of Va of 1%, with
more
follows: $11,000 in
inclusive.
Borough
be in
not
Due
1956; $16,000
from 1957 to 1959 inclusive,
and $17,000 from 1960 to 1962
•;*
All interest rates bid must
1970.
bonds.
$15,000,
1955;
in 1964, $125,000 in 1965,..$130,000
in 1966, $135,000 in 1967 and 1968,
$140,000 in 1969, and $85,000 in
40,000
building
county
April 1,
1948. De¬
nomination $1,000.
Due April 1,
as
follows: $20,000 in
1953 and
1954, $25,000 in 1955, $50,000 in
1956, $35,000 in 1957, $80,000 in
1958 to
1960, $110,000 in 1961,
$115,000 in 1962 and 1963, $120,000
Dated April 1,
bonds.
interest
4%
follows:
as
Due April 1, as follows: $14,000 in 1954 and $4,000 in 1955.
125,000
County Judge, will receive sealed
bids until 1 p.m. (CST) on April
5 for the purchase of $1,600,000
not to exceed 3%% interest school
1974,
J,
-,
thereafter.
State's
Enosburg Falls,
Springfield), Tenn.
Bernard,
&
O.
Tenn.
B.
VERMONT
County (P. O.
Robertson
the
to
expense
(P.
Offering—L.
County
of
1%, A certified
payable to order
County
Gainesboro),
interest to be expressed in a mul¬
|.i f
the
at
County.
-Bond
000 fire apparatus bonds. Dated
April 1, 1948. Due $1,000 on April
.
furnished
be
bidder
Jackson
000
Wilson, Pa.
Bond Offering—James B. Acton,
Borough Secretary, will receive
will
successful
Offering—J. J. Vmeent,
Bond
A
taxes.
Bond Offering—Hal G.
of
are
Dated March 15,
$95,000
invited
were
ture
'
1
and
of Pittsburgh, as
price of 101.006, a basis
1948 and due
from
York,
Co.,
of about 2.023%.
j ['it.
l;
„
V\
than two
more
$1,900,000 im¬
a
Haas,
\
tiples of
"
:
167, p. 991—were awarded
syndicate
composed
of
Phelps, Fenn & Co., R. W. Pressprich & Co., Hemphill, Noyes &
Co., Hornblower & Weeks, Reyn¬
olds & Co., and Seasongood &
to
j.;-
''I
Rate of interest to be in mul¬
-
11—v.
o
11<
•I
jail
any
Bond
■I
check
bonds. Due April 1,
as follows:
$2,000 in 1919 to
1953, $3,000 in 1954 to 1960,
$7,000 in 1961, $8,000 in 1982,
$2,000 in 1963, $5,000 in 1964,
and $10,000 in 1965 and 1986.
all
an
issue
rate to
one
any
certified
more
property.
than
single maturity.
for $3,800,
payable to the County Trus¬
tee, is required.
The
direct and general obli¬
are
the entire
to
more
apply to
A
gations of the city, payable from
,
than two rates
more
apply
and not
the
nished the successful bidder.
bonds
a
1961,
multiples of Va of 1 %
with not
to
for, payable to order of
city, is required. Legal opin¬
ion of Reed, Smith, Shaw & McClay of Pittsburgh will be fur¬
M.
1956 to
1969. Rate of interest
1967 to
bonds bid
i
$5,000 in
1955,
$10,000 in 1962 to 1964, $15,000
in 1965 to 1966, and $25,000 in
the
'!
Due
follows: $3,000 in
as
Beaurtnont), Texas
nished the successful bidder.
follows:
as
April 1,
on
certified
the
for
31
Dist. (P. O.
Indep. Sch.
South Park
certified
Superintendent of Schools, will
check for $4,000, payable to order
receive sealed bids until 7 p.m._on
of the City Treasurer, is required.
Legal
opinion of Chapman
& April 9 for the purchase of $650,Cutler of Chicago will be fur¬ 000 school bonds.
$190,000 court house bonds.
re¬
April 1 for the purchase
of $4,000,000 not to exceed 4% in¬
terest series A general public im¬
provement bonds of 1948.
Dated
April 1, 1948. Denom. $1,000. Due
$200,000 on April 1 from 1949 to
1968 inclusive. Coupon bonds may
be exchanged for registered bonds
at any time at the option of the
bolder.
Interest payable AjO.
A
' y
j
sealed
(EST)
will
Judge,
County
son,
general obligations
are
valorem
ad
Bond Offering—Mack C. Simp¬
R.
City Comptroller, .will
bids
O.
Humphreys County (P.
Waverly), Tenn.
•
Edward
—
the
1919 to 1951, $4,000 in 1952 to
Pittsburgh, Pa.
of
city, payable from unlimited
bonds
TENNESSEE
Monday; March 22,
1948
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
(1308)
(A-O)
rates
expressed in
of
a
at' the
payable
Bank
of
Fabens.
interest
to
be
multiple of V8
of
1%. A certified check for
$2,700,
payable to order of the district, is
required.
The district will fur¬
nish,
its
at
own
printed bonds,
a
expense,
the
copy of the pro¬
ceedings, approving opinion of
desig¬
Bonds
Defeated—At
March
the
6
proposed
water and
the
issue
sewer
an
voters
of
?nonSricem?f 95'
4.039%.
The
a basi* of ab™t
bonds
March
solely
dated
are
1, 1948 and are payable
from revenues from the
Tacoma
Narrows
mature March
deemable
as
a
Bridge. They
1, 1978 and are re¬
whole for refund-
PUfPOseson or after March
1956 at
est
if
March
1,
103.50 and accrued
inter¬
redeemed
1,
on
1958; and
declining %
or
at
prior
to
premiums
0f 1% each four
years
thereafter until
Kermit, Texas
on
$14,000,000 3%% Tacoma Nar¬
Toll Bridge revenue
bonds
March 1, 1974
without premium
thereafter!
ihey are also redeemable in
part
by lot from
bridge
and
election
defeated
$750,000
bonds.
revenues
-
Bond
•
Matador, Texas
Sale
Contract—The $60,000 street bonds
authorized at ine
auuwiuea at the
hSS, UIJ?xPended
Proceeds of
completion of the
«fflgM°nuaiiy interest date on or
March 1
1951, at 103
!arest lf
vvuuo
election
held
on
March
been contracted for sale.
2
prior to Marrh
havelmiums
1
redeemed
10^
dechnVg
four years
and
thereafter
Z
on
T
'of
WISCONSIN
,Y
,Amery, Wis.
Sale—The $20,000
-
Bond
bonds
works extension
March
12
Union
State
were
ac-
purchased by m
of
Bank,
a
1949, and $3,000 from 1950 t0
Principal and interest
payable at the City Tress
^1
incl.
,
office.
The
next
Kalman
was
,,
100.05.
.
Bo„dSaleP-M.000^
improvement bonds 01
works
on
March
were
16r—v.
167,
purchased by the
^
111
A-O.
^ "TV*
^
.IM
*
'
1
highest .biaa 1
for L \
Co.,
&
e^ch
''
]
price of 100.125, a jas
1.967%. Dated Jan. V 19MPJ
on
Jan. 1. as follows. $2,01u
l
2s, at
or
until March
'
watei
°He^e , J
or
hriri«
*
& Son & Co.
rows
a
recognized market attorney of the
purchaser's choice, and also will
deliver the bonds at a bank
nated by the purchaser.
of
Woody and Heimerdinger;
^
p.
ha
^
@FedFRASER