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MAY 10
»
•
".'>
.,
"■■■
■
'••;
.
,
-.,„
...
•
Volume 167
Number 4697
New
York, N. Y., Monday, May 10, 1948
(fcj..i Ji''
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Price ,75 .Cents
Copy
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.
'47' r-A
RAILROAD
UTILITY
INDUSTRIAL
•
INSURANCE
-
»••.
MISCELLANEOUS
-
Vv
'
A V
Airline Foods Corp.—Buys Dried Fruit Firm—
<•-1
-
'•
.;,'
The company has acquired the Warren Dried
Pruit Co., San Jose,
Calif.v which has packed dried prunes for 50 yfears under the Thistle
brand, it was announced on May 5.—V. 167, p. 841.
American Woolen Co.,
-
Quarter Ended March 31— :
J
Net
Akron Canton & Youngstown RR.March—
Gross
from
Net
rj'.
income...
214,616
188,669
Profit
before
Jan,, 1— " " - ." " ■' ~ "■" : 1
from railway'
1,516,812
Grocs
Net, from
ry.
—V.
railway..—^
$446,607
176,966
67,665
-
11,202
Number
978,883
480,044
197,827
77,753
239,630
*
The
company on May
6 filed
:
»ABC's
television
V,>
J
"
company announced
loan.—V. 167, p. 841.
it
also
was
is
that tlx
announced
from-this
order
arranging
for
ten
cars,
roomette*, according
*J American
additional sleeping
to F. H.
March
31— '
Bales'
Net
Lj*—~-J-~----
earnings
before
;
taxes
income
tax
and
JEarnings
—V.
per
329,057
132,000
$197,057
$0.38
...
,
.
*'c
.•
v.'
American Furniture Mart Bidg. Co., Inc.—Retires Pre¬
ferred
Stock—•■v.;v
All
of
have
the
been
outstanding
called
shares
of
$6
preferred
stock*
no
>
Match
31, 1948 were $61,812,000
1947.—V. 166, p. 1782.
■
.
value,
par
for
redemption
of May
as
3,
1948
at $100
Gas
Power
&
Co.—Circuit
share,
per
167,
Court
1917.
p.
Total
.V-V.-'
Prov.
Third
Circuit
Court
changed
in
to
Act
accept
the
extent
of
Appeals
right
went
at
to
to
to
the
on
com.
4.808,766
3,513,508
'4,229,'982 1
r;..";
,
.12,589,406
11,090,663
Wilmington
In
the
the
lien
in
of
of
under
the
holders
.
/;
,
announceck plans
•
for
expansion of
in
Oleon
and
in
Mr.
said.—V,
Dollard
the
at
Friendship, N.
market
167,
for
p.
Y,
Daystrom
1690.
while
at
$3,411,887
six
*
in
cash
appeal
approved
the
from
the
the
pledged
be
compelled
plan.
•
Federal
It
to
first time any court
by depriving him of
securities.
The case
Under
340.904
the
ican
Gas
turned
The
would
to
over
Circuit
Gas
holders
received
would
had
District Court
previously
been
claimed
from
the
a
if
the
the
ruled
in
with
claims
new
common
and
warrant
remaining
Gas
;
19.84%.
Light.
the
totaling
stock
of
holders
The
other
Amer¬
would
;
und^r
$12.-
Minne¬
of
cash
'
'"reorganization"
a
of
be
.
the
Holding
security holder is not always entitled to the payment
in a liquidation and is
properly compensated for his
he
165,
holders
of
sale
"
stockholders
Minneapolis
receive
ties."—v.
debenture
80.16%
receive
Court
Company Act
he
the
receive
Light Co. and
investment
L
American
plan,
would
p.
received
an
"equitable
equivalent
in
other
securi¬
333.
American Motors, Inc., New York—Files with SEC—
The company on April 29
for 62,500 shares of capital
share without
of
Delcars
underwriting.
and
filed
week
a
letter of
notification
with
the SEC
stock (par 50c), to be offered at $1.50
per
Proceeds will be used for the construction
,
working capital.—V. 166,
American Power &
For the
p.
2206.
this
Light Co.—Weekly Output—
ended April
has
tentatively
agreed
to
purchase
Atlas
Group
'1
of Preferred
Holders
to
Intervene
in
Plan—
A group
of holders of 32.578 shares of $5 preferred stock of the
companyU acting
their
through
attorneys Shearman
&
Sterling
&
Wright-, on May 4 app'ied to the SFC for leave to be heard on behalf
of
holders
of
this
stock,
in
proceedings
on
the
plan
of the company's assets which has
been filed with
This group of ctockholders includes the
University of
University,
Island
Travelers
Hospital
Insurance
Trust
individuals.
Hearings
—V.
p.
on
for
the
distribution
Commission.
Chicago, Harvard
Foundation, Rhode
Co..
Russell Sage
Corp., and other corporations and
the plan^are scheduled to begin on May 25,
Co..
1317.
167,
Pallas
t-
•
Misc.
Sales
—V.
i_
—
167,
p.
15C2.
&
facil.
)t.
ry.
t
rents
In This Issue
$4:i22,145
306,583
1,507,968
:■.
New York Stock Exchange
New York Stock Exchange
New
York
Curb
'
:
2,477
1948—Month—1947
$733,289
-
:
*
•
$577,300
$1,998,119
Misc.
.
1,004,877
$4,641,933
$3,255,820
1948
8,944
6,382
26,183, 199
1948—2 Mos.—1947
$29,746,247 591,304,643 $83,705,604
24.407,573
77,695,828
00,311,690
$4,477 669
"$5,338,074"
147208,817
$14,393,914
2,022, 435-
rents,
2,171,863
6,522,019
6,126.018
15 616.
168,126
Crl29,695
166, 027?
163,257
473,406
507,582
$7,343,087
$7,556,333
net
$
$27278,591" $2,835,428*
income.
oper.
Earnings—
-Month—1947
$30,660, 868
2_.
203,981
234,231
255,281
1.014,547
1,143,377
$2,507,822
$3,090,709
$8,357,634
$8,699,710
3,541
int.
125,843
42,631
208,433
chgs.
other
j
126.821
102.990
415.333
353,166
.1,453,365
1,448,348
4,369,015
'4,332,944
interest-on
funded debt
■.
...34
;
than
funded debt—
on
Contingent
_...i,._._^_____._33
—
Net
_i__
635,026
—
1,905,427
1,938,096
$768,426
$1,625,228
$1,867,071
Act—A 2.705,052
2,448,256
"Include:
Excise
Tax
Philadelphia Stock Exchange—^—,———36
Pittsburgh Stock Exchange
.36
tax
a/c Railroad
Railroad
a/c
Federal
Retirement
Unemployment Insurance Act*
San Francisco Stock Exchange.......—36
Stock Exchange
...37
1,411,410
1,277,360
373,822
434,630
$4,490,284
$4,160,246
Income Taxes
Total
.Z—„—36
—
—
Opens New $4,500,000 Coal Dock—
Montreal
Montreal Curb Exchange
Toronto Stock Exchange
645,102
$289,069
#■-
•
income
—34
Exchange
The
dock
l——38
company
routes.
The
provements, on
Toronto Stock Exchange—Curb Section—..—.41
<:
Over-the-Counter Markets...
—42
Transactions New York Stock Exchange—...33
Transactions New York Curb Exchange...33
-be
....
The
in
hew
full
the
New
Miscellaneous Features
—V.
167,
O,
system
took
since
nearly
throughout" the
;
•
.
im¬
times, .7,;.
•;
to complete, will
shipping season,—V. 167,
prewar
two
1948
years
.■■■'.
,•
'/
■.
Corp.—Registrar and Transfer Agent—
York
and the
respect
to
Trust Co., New York, N. Y.; has been
appointed soleNational City Bank of New York as transfer
agent?
shares of capital stock, par $10
per
share.
1.000,000
1918.
'
p.
General Corporation & Investment News-Cover
j
State and City Bond Offerings.
^——50
.AC;
Redemption Calls and Sinking Fund Notices—44
.
Dividends Declared and Payable
43
Coal
ship*..?
single
which
/:•/
•
registrar
B. ,&
operation
Barber Oil
28 formally opened a new
$4,500,000
movement of coal over the Great Lakes
constitutes one of the greatest
dock
fadl'ty,
^p. 1918.
in
April
on
_to^facilitate the
ping
■
—.39
The Course of Bank
Clearings..
1
int. on funded debt
Fxd.
..._33
Income........
deductions
Fixed
^
—_35
Los Angeles Stock Exchange...;..—.———.-35
Stock
ry.
Total
Detroit Stock Exchange
:
St. Louis Listed and Unlisted Securities
.44
Foreign Exchange Rates.__..^rf^.*.—...x—.41
1r.
>.
Combined Condition Statement of
Federal.
Reserve Banks
..41
Condition Statement of Member Banks of-
Edward D. Jones & Co.
...
.....
...
Established
.
...
...—-
$1,666,585
979,234
$"779,751
$1,436,781"
ri.
13
,.....-^—.-33
Cincinnati Stock Exchange—
Cleveland Stock Exchange
St. Louis
Net
T87l|
.....
300 North 4th St., St. Louis 2, Missouri
—44
Members
...—44
New York Stock Exchange
St. Louis Stock-Exchange
1948—3 Mos.—1947
•
2.083
334,522
"
(Stocks).
(Bonds)-_24
Exchange...
^.-29
Boston Stock Exchange....
Chicago Stock Exchange.^
facility
.Other income
-f'..V.Page
1,840,747
167, p. 1798.
Joint
*
$2,726*332
/
326,195
conting. chgs.
income l;._l
Net rev. from ry. oper.
•v
1,037,430
^223^930
$809,773
*Ry. ta:: accruals..
-
1948-^-3 Mosi-^1947
''
335,417
Equipment rents, net...
,
167, p.
$1,480,036
deductions
—V.
stock
^3,081.748.^:
JS48—MoSth—1947
income
Net
1 r'jjj^jttlrr convertible
.
$13,646,843 $11,888,741 >38,339,684 838,586,130
10,160,823 V 9.855,038 / 29,247,216 ;28,722,368
1,700,000
1,000.000
3,900,000 .-3,100,000
325,984
1,070,303
;.
income.
oper
Fixed and
"..1
ligblUties.
'accrued
RE.
31^
Ry. oper. revenues
Ry. oper. expenses
Quotations
$1.37
-
Baltimore & Ohio RR.-
Federal Reserve System..
Auction Sales
Angerman Co., Inc.—April Sales 27% Higher—
Period End. April 30—
i";
^
Equip;
The
to
'
>;
surplus,
72,831; total,
'^v |
Other
Corp.'s
holdings of Radio-Keith-Orpheum Corp. common stock, according to a
Joint statement by both Mr. Hughes and
Floyd B. Odium, President of
Atlas Corp.
Sa'e after previous attempts had ended in failure.
Final agreement has not
yet been reached, the statement emphasized.
Atlas Corp. owned at Dec.
31, 929,020 shares of RKO common
stock, of about 24% of the total outstanding.—V. 167, p. 1918.
Stock and Bond
256,564
Nil-;
$6,839;
,764;
capital ^
$8,501,038;
common
j Allaritie
Net
29,
amounted
company,
'
'¥■*, -"V,.
Taxes
;
Hughes
85,746
256,584
$1,418,541;
^
.Operating revenues
Opeiaung expenses
Stock and Bond Averages—-.33
1948 the System inputs of subsidiaries
229,775,000 kwh„ an increase of 30,250,000 kwh., or 15.16%, over the corresponding week of 1947.
of
($100
stores
v
Period End; Maw
products Is steadily growing,
"
\'
-V * '
Baltimore Stock Exchange-—.
debenture
case
subsidiaries, held by the trustee.
apolis Gas
.'
4
capacity,
Atlas Corp.—RKO Deal in Tentative
Stages—
Howard
$437*857
on
(6,250 shares), i
the company's
operating
are
payable,
liability for Federal
.preferred stock,
$3,000,000; .Reserves, ft m
$1.062 061;-
4
Jj,
expansion of facilities is necessary because,
the demand
•'.»
Y
estimated
accrued
no-par
-
Daystram
spftcv/Tow'unaburacturihg
The
plants
>
\
1950-1955,
preferred stock
,
Corp., an ATF associate
pJa-stic kitchen and dinette lur-:
has
85,746
192,435-192,420
and
LIABILITIES—Accounts
Company
they were entitled
to all the common stock of Minneapolis Gas
Light Co., the only one
of
seven
subsidiaries
American
Gas
was
permitted to retain,
plus
w
$1.87
$725;Q68;
b?
can
Holding
can
creditor
the
of
is
it
secured
form
on
creditors"
the SEC.
company's
$0.79
$38,127
S. Government securities, $1,726,472;
notes receivable
(less reserve $151,155); $4,776,743; in$7,835,853; securities of unconsolidated subsidiary ^ com--:
pany, $624^94; miscellaneous
investments; (at cost or less),. $23,482:'
land, buildings, machinery snd >eauipment' <less reserve for
deprecia¬
tion
and
amortisation, $14,522,508), $11,528,186; goodwill; patents,;
etc., $4,052,682; deferred charges,
$127,505; total, $33,031,746..
Upholds
being paid in cash.
holders,
a
the
Court
which
128,603
257,211
dividehd
Philadelphia on May 3
plan of the company over-7
"secured
debenture
debenture
the
oulstdg.
■
68,391
129,154
258,313,
ASSETS—Cash, $2,386,229; U.
9,840,366
r
$550,315-
dojn. stock
accounts
v
ATF, Inc.f-Affiliate Plans Expansion—
$1,845,857
^00,000
68,391
Aentories,
11.564.477
2,932,969
$38,127
394,000
"CONSOLIDATED BALANCE SHEET, MARCH
31, 1948
■
.
13,436
v
3,972
150,000
$273,386*
pfd.
>837
228
M5.463;
$1,048,287
16,875'
11,
$22,664^ $1,830,421
9,688
per com. share
Earnings
.
Income-
a
stock
of
-V.'.H't
167, p. 1690..
$1,038,599'
"$440,261*
pay.__
.-j-.
on
Shares
Railway operating revs, -*1.494,002- 34,189,560 116,974.720 .101,051,928
Railway operating exps.
31,800,818
25,899,123 ,, 89,977:869
75,623,116
Railway tax. accruals—_
5,361,207
5,102,879
15,317,880
14,639,485
Other debits or credits^
Cr476,789
Cr325,950
Cr910,495
Cr775,152
—v.
145,760
contingencles.
Dividends
at
of
proceedings
instead
paid
Circuit
approved by
>
the
be
"liens"
the
that
securities
new
"disturbed"
the
that
reorganization
According
has
held
note
1945
7 6,81(1,234
157,892
14,775
Period End. March 31—
Court
upheld the integration and simplification
ruling objections by it3 debenture holdejs.
The
lor
1948—3 Mos.—1947
.
9,255,089
240,969
$425,486
income__r-____
on
/
9,628,155
~
profit—
-■"Net' income
.*
1946-
$6,978,658 $14,U3,480r
de¬
invests., etc,
compared
Integration Plan—
The
from
sold,
Federal income taxes___
v(
.
goods
Interest
$99,500,009 compared with
.
plus accrued dividends amounting to $3.50 per share.—V.
American
Inc.
$0.78
share_^^„
common
*
*
'
floor
$3,639,401
$96,000
166, p. 2093.
$5,00
.
of
Operating
400,000
$8.31
.
65,000
profit
'■ 1
nitura
'
Net
on
Dec, 31,
on
to
$3,837,000
12
1948
,
assets
$5.01
amounted
Paul M. pollard,. President of the
Daystrom
and producers bf tuhulaT chrome end
$4,020,754
161,000
1
(est.f_u
(est.
current
$59,529,000
■',
—
on
previous
Norton^tVice-^resident in chafgeAof 'saies.
.
Provision for
ordered
Golortype C«. (& kSnbs.)^ Earnings,
-Three Months Ended
orders
>„^Net ry. oper.
Net income
;
have been
cars
share.—
per
1948—Month—1947;
$5,000,000,^
a
by the Waba-'h RR.
This
increases a
each to contain .four double bedrooms
company
to
livery and other exps.
Prov, for depr,
,fe amor.
Atchison, Topeka & Santa Fc Ry. System—Earnings—
"•>
>*?';•«* *•__
/'
American Car & Foundry Co.*~New Orders—
it
.'
2,625,000
(Incl. Gulf, Colorado & Santa Pe
Ry., and Panhandle <fc Santa Fe Ry.)
Period End. Mar; 31—
with
program.
Theterm
Cost
$4,634,000
!
863,000
A 1947
1948
$10,294,610 $10^451,580
6,562,000
:
-^x913,670
(& Subs.)-
3 Mos. End. Mar. 31—
Sales'
2,841,000
$4,894,009
shares,
Atlas Powder Go.
t
7,475,000
7,904,000
3,010,000
—
common
r
1946
Divideiids
shares;
common
Net
with
496,024
the SEC a registration statement
Dillon, Read & Go. will head the
underwriting £tdup. The price of the stock will be filed by amendment.
Proceeds bf the offering will be used to
repay a bank loan and for
covering 500,000
V
*
1947
; 211,251
American Broadcasting Co., Inc.—Registers with SEC
7
taxes
April 1
$62,200,000 on Dec. 31, 1947.
',,•
•**•';
.,
Of
Unfilled
1,303,416
-
profit
Earned
•>
1,330,360
.
302,837
167, p. 1405.
•
Net
•
603,730
>
lncoxne___
oper.
■'■ '■"; '
income
taxes
1945
,
49,163
98,305
Prom
'Net
$362,132
10J.2U
©Per.
1 ?»,
1946
$475,277
$527,941
1948
$48,918,000 $43,691:000 $36,963,000
Earnings—
1947
rallway.—i
railway—.
from
Net
'.'
>
1948
;
__
Income
-
Inc.—Earnings—
,,
sales
}? ■■/> i;bj J
,y<
Chicago Stock Exch.
New York Curb
\
^
-
"
Chicago Bd. of Trade
Exchange Associate
:j^'r
a,
Phone
'}%;
CEntral 7600
;
■*.
1
Sell Teletype;'
SL
■'
'
593.o^;-''
t •. -/
>'
.
i
*
s»
-
,
2
(2026)
THE
Beaumont Sour Lake & Western Ry.
—Earnings—
March—
Gross
1947
1946
$1,099,596
$939,668
$813,829
565,718
497,677
376,332
oper! income—
325,481
259,768
266,902
from
Net
ry.
From
Gross
Net
Jan,
ry,
—V.
railway
railway——
March—
CHRONICLE
Monday, May 10, 1948
2,443,371
1,094,709
1,309,056
3,000,749
1,681,529
578,428
717,275
284,165
373,181
Gross
Net
$646,601'
Gross
110.365
,243,756.
Net
168,524
118,243
*9,789
128,791
Net
railway
railway—
2,040,578
1,899,282
1,778,916
732410
658,626
562,667
ry.
income—
367,527
311,669
217,645
,
1—
oper.
''Deficit.—V.
167,
1,828.474
„
676,783
350,897
,
Net
directors
cents
on
the
the
on
May
The
share
per
old
stock
common
March
on
regular
a
stock
common
quarterly
(equivalent
to
Canadian Pacific Lines in
dividend of
per share
March—!.
$1
and the usual quarterly dividend of $1.50 per share
stock, both payable June 1 to holders of record
received
1, last, and in each
1691.
p.
declared
5
the
on
pieferred
17.
May
on
share
per
old basis*,
a
quarterly
quarter
dividend
of
during 1947,—V.
Gross
Net
$1
fiorn
Net
167,
ry.
From
"
Gross
(Sidney)
Quarters End.—
Mar, 28,'48
(&
Profit
from
operations
Deprec. of pit, & equip.
Prov. for Fed. inc. tax
55,919
profit
200,587
55,337
50,978
81,157
52,185
161,104
—$87,620
Earn,
per
—V.
—
$135,327
$266,634
$0.56
$1.05
$1.09
167, p.
$0.24
1038.
;
.
,
,
May
has
activities
Plastics
The
of
the
company's
division,
Casein
formed
Louis
casein
F.
President of
of
America
G.
and
Montague,
casein
resin
the
over
the
'
■* 161,619
*399,018
"2^4,735
"407,807
April
30
capital
declared
stock,
*386,748
initial
an
payable
May
of
holders
to
President, also announced
now
the largest industrial
was
3
.
that
he
50
—V.
...
...
—,
varnishes.
The SEC
$2,739,164
1804.
on
■■■"'./
April .21 issued
actions:
order
an
Boston
&
Maine
RR.—March
Operating
revenues
Operating expenses
Net
oper.
Earnings—
—
6,403,524
——
revenues-
1948—3 Mos.—1947,
$1,770,780
639,104
Joint
facil.
Net
ry.
Other
rents
814,745
1,793,607
1,925,775
296,351
1,386,169
821,023
31,297
110,297
82,350
-
$3,601,982
$628,39G
$311,909
55.653
59,659
188,361
<
$1,028,606
_
$4,149,987
int., etc
$688,055
$500,270
•Deficit.—V.
296,877
880,617
*$380,347
Unconsolidated
of
Quarters Ended March 31—
Net earnings before
Federal taxes..
Provision for Federal taxes
1948
Earnings
per
preferred
common
low
cz
current
metal
p. 938.
share
dividend
market
gain
' "
fromjale
prices,.
inventories
$0.40
below
current
;
such
a
public
holders
of
offering,
the
then
/'.'//.:
■-
without
!//•.?
two-thirds
of
the
is
and
iai
prices.—V,
by
stock,
stock
common
effected
the
by
holders
including
other
George H.
to
167,
the
of
167,
'.'5
■
proposal
shares
to
of
stock,
change
common
$2.50
par
each,
shares, par $2.50 each,
so
changed and
$2.50
par
reclassify
stock,
$5
par
thus
Scares of common stock
as
approved
and
each
each,
changing
of-.the
into
and
two
:
increasing
reclassified
irom
each.
outstanding
Net
of
Interest
shares
common
$5
par
Amort,
each,: to 260,000
and
the number of authorized
shares
260,000 shares to 400,000
offering such
common'stock of
shares,
present
have
authorized but
plans
any
unissued
to
dispose
to
amendment to the
certificate
Delaware on May 5,
1948. at close of
became effective
of
holders.,
;
'7
''
,
1691.
,
.
"Loss.
Of
.*
from
A
directors have declared
net
to
cash
similar
a
dividend
stockholders of record
income received in 1948
dividend
was
paid
on
of
20
May
14.
on
March
the
1,
derived
company's
1886.
p.
is
pay¬
"
year-end
of
40
June
166,
Burlington .Mills Corp.—Gordon
Elected
elected
Gordon, a partner in
director.—V. 167, p. 842.
a
California Electric Power
k™
f.,rtPra,HS'<.
ue
Uoed
retire
&
notes
Hecia
Quarters End. Mar. 21—
■
&
from
'
Co.,
and
metal
has
Net
Net
been
ry,
for
construction.—V.
of
Proceeds
167,
1947
1946
$205,470
quarter
was
admin,
etc.,
The
by
5,190,552
Operating
gain—
income
$362,915 .$1,137,286
22,088
*486,248
."!
3,374,719
SEC
on
March—'
$385,003
Fed.
88,290
tax
34,409
54,000
profit-—.——„
compared with
share earnings are
Cambria
&
on
$0.42
per
based
on
Indiana
Ket ry.
\
share
the
equal
1947
to
Net
'
8,094,931
quarter
167,
p.
ry.
per
share
Both
per
Service
<
77,739
Net
from
50,434
Net
l'y.
$161,307
p.
167,
0.
-Earnings—
422,735
23,615
170,757
145,199
243,677
179,412
149,529
income
*39,1491-
!
1945
•
$2,253,602
$2,386,144
*289,959 >•
/
219,330
•*625,803?
661,369
7,886,507
7, 435,013
,352,112
1
740,871
1
income.—
6,495,693
.140,209
*827,428
*382,368
146,330
176,493
6,632,009
1,557,414
v ;
824,582
[f'\
167, 1584.
vO';
1948
1947
$1,684,699
744 009
1—
665,119
1946
;
$1,613,047
1945
$1 ,267,250
$1 ,262,423
476,186
643,086
716,668
366,821
522,578
5,658,809
,523,758
!
>!
787,625
i
V 4,995,071
railway..!;
-
,753,581
railway.—!!!
1,961.459
'2,337,536
,564,708
,941,497
oper. income:
167, p. 1585.
1,688 179
2,078,711
,234,704
,592,234
ry.
York
Co.—Special
April 30 made
on
Stock
Offering—Wer-
special offering on the
11,000 shares of common
a
commission of
a
sales'—
*27,925
62,263
1,244,120
1,183,528
905,784
1,111,305
203,186
276,232
165,610
*5,431
340,817
*74,949
153,297
Subs.)—Earnings—
per
..
taxes
794.952
and
all
of
...
$8,357,716
2,292,229s' V 1,627,948
.
.
other
construction
shares
(/Feb. 28/47
$10,693,300
share.
1148.
p.
:/>4
Feb. 29,'48
!_
profit
post-war
on
128,706
*54.397
(&
!!l
$5
charges,
and
par
v; ■ "'■■■./■■
and
in
! •'
1948
$2.88";
after
$2.05
amortization
machinery costs of $350,000., }Based
capital stock now outstanding.^V;
167,
•
;
• '!•":'!!■'
"■
y
,
87,908
Colonial
%
Stores, Inc.—April Sales Increased 6%—
Period End. April 24—
—1948—4 Wks.—1947—-1948—17
Wks.!-1947-
Sales
$13,158,616 $12,436,533 $54,108,532 $52,528,250
'
At
v.
1947
April
167,-p.
1804.:-
*,-■ Colorado
appointed
March—
Gross
1946
24, T948,
Net
'
from
from
ry.
-
Gross
$1,160,057
railway
from railway
Net
ry.
oper.
operation
382'
stores.—
$1,001,975,:
■
:
-
1945
$845,576
$1,410,759
*18,015
576,856
308,719
218,282
103.295
67,219
*108,141
309,677
3,397,528
2,899.165
2,628.005
3,776,988
770,864
597,101
240.114
1,285,364
229,862
173,564
*28,139
632,335
income—!
'
1—
from
/
—
income—
"Deficit.—V,
in
r"'"
railway—
oper.
had
Southern Ry.— Earnings— \
i*
1948
1947
1946
Net
$19,183,740 $18,564,629 $17,001,233 $21,218,254
5,957,852
7,338,099
3,068,476
9,606,200
2.693,190
3,637,300
1,070,599
2,668,474
company
'•
railway—
From Jan.
1945
&
the
167, p.
1804.
.
,
„
income.—
—V. 167, p. 1584.
7, 211,630
Ry.—Earnings
1946
.
543,181
railway—..
from
"After
of
'
railway
railway——
oper.
1947
railway
oper. income.-.*
_
66,817
1948
1—
19, 287,563 4
4y025,85G"
,
......
1920.
:
Gross from railway..._
Net from railway——*.
Net ry.
lrom
tEarnings
108.125
56,570,273
52,884.310
5^,650.212
61,971,826
17,233,676
20,024,183
19,222,834
28,597,128
7,541,422
9,869,351
9,733,544
9,002,474
'
'
~f,
Columbia Brewing Co.—Preferred Issue
Authorized—
The
stockholders on March 8 approved an
authorized. ,issue of 10,000
shares of preferred stock,, par
$100, issuable in series.' (See details in.;)V, 167, p. 1041).—V. 167, p.-1804.
,
r
:
.-
48, 742.022
9,248,442
& Omaha
318,829
income—
1—■
oper.
ry.
"Net
1584.
from
oper.
;
5,188,379 J
.
March—
Gross
40,ISO,£39
11,240,446
•
$2 685,547
from
Net
35,853
',;:
41,656,545
Quarted Ended
?
1945
From Jan.
441,089
3,121,401
Colonial Mills, Inc.
30-year
$2,600,-
'?
Chicago Burlington & Quincy
RR.—Earnings1945
income-!-
Colgate-Palmolive-Peet
*
Net
71,816
of
provide
to
>■
1945
bidding
certificates.
167,'
42,486
88,714
$1,500,000
stock
Manufacturers Trust Co., New
York, N. Y., has been
trustee for the $5,500,000
2Vb%
serial
equipment trust
53,515
1467.
■
involving
common
./•
/. 1946
•■
Exchange of
stock (no par) at $43
per. share, with
800.—v. 166, p. 2308.
/
Corp.—Exempted
The
1946
101,055
:
1.421,434
/,
?
:''
railway..—:.
iailway—
Net. from
2,443.171
49,995
.-■•9,,533,819.
.
4 ,797,388
'
1584.■...,!;■
From Jan.
Chesapeake & Ohio Ry.—Trustee
Appointed—
—V.
1804
ry.
Gross
$398,517
oper. income—.
$142,562
424,923
582,357
.
/
*498,290T
'
f
-
•
railway^!!!. /
from
10,164,870
1946
"Deficit.—V.
1947
335,998
8,263,041
$327,660
'
2,493,654
Clinchfield RR.—Earnings-—
502,694
$425,496
income..!
703,891
RR.—Earnings
966,150
,
175,855
.
'9,594,072
"Deiicit.—V.
1945
$427,480
1— /
Pacific
2,278,852
44,915,053
Jan.
Net
860,434
exemption from competitive
1948
&
=
from
Net
—V.
Carolina Ry.
1
$380,069
$0 04
1—
theim & Co.
r
i
59, 037,128
railway—
oper,
From
$3,575,814
*296,091
544.195
Western
railway—__•>
railway—
from
8,304
income...
p.
210,000
Net
63,628
49,000
1 ,191,381
railway-;-^.! 1
from
Net
*105,223
*184,095
railway.—!
oper.
*62,481
income
deficit.—V. 167,
61,015
65,626
ry.
&
1,241,367
v
<
^
quarter.
1947
From Jan.
Gross from
144,284
$98,923
1947
railway—75,050
from
$126,198
*8,958
$82,860
railway
Kit ry. oper.
in
was
2,068,270 shares.-V.
From Jan. 1—
railway..._IZ
t
quarter
1948
oper.
$858,996
80,453
185,157
the
$2,818,850
:
139,831
280,849
financing
3,438,306
241,285
*129,781 V.
•
,
$2,709,287
Gross
common
1946 /.
1,162.009
proposed
1
from
Net
75,830
$479,159
RR.—Earnings
railway..:
railway—
Gross from
Net from
$876,793
91,969
sales of timber and
lands.
1948
March
Gross from
from
/
$90,813
profit_ for the
Jfet
183,933
45,426
450,000
(est.).
♦Includes $416,357 gtin
The net
•
62,382
/!*.
income
Net
$1,623,534
117,491
Other
Depletion
Gross
$783,166
Net
Total
income...
charges...
Depreciation
r;
$387,191
per
in
1947
mortgage bonds and. sufficient
167,;..p.; 1467.
■
Charleston
.
Other
$0.30
$4,157,885
3,562,625
income.!-
oper.
Net ry.
$82,191
1584.
has been granted
;
-
March— .194b
from railway-!!!'
Net
Puhjic
233,510
2,403,057
404,553
/Y Chicago St. Paul Minneapolis
Net
Vermont
'
*i58,462
railway——
March—:
.
5,036,320
4,556
New
company
the
first
expsLJ
969,808
;
;
167, p.
Gross
Competitive Bidding—
*149,497
3,554.886
income--!;, v1' 405,043
1692.
1—.
Jan.
ry-
v.
"
167, p.
22,334
423,675
"■
4,458,262
1948
from
from
641,386 in both periods.
381,626
income
oper.
Central
from
1945
$3,949,816
to
share
was
000.—V.
$6'327'838
*$48,148
equal
common
9,254,965
*13,515,
from
Net
22,873
270,930
!7'.
.
'-: 'r
?'
$1,164,449
from
." From
will
&
PMd,UcosT°seUlltS"dever $5'399,235
172,636
:
oper.
-Net
68,853
$2,958,523
income.
1—
222,741
,
•1945
$364,109
1947 ' v,.r!
1946
• 1945
railway-!-. $20 966,564 $19,402,816 $16,456,229
$18,733,633
railway!—--! ?3, 719,818
5,284,60 i
*844,141
5,066,301
from
..Gross
6,000
20.416
576.697
railway——
railway
from
ry,
the
Consolidated Copper
Co.—Earnings
1948
Jan.
"Deficit.—V.
1691.
p.
^
.
ton,125
$3,346,838
from
Net
the SEC
names
railway——
railway.
oper.
From
Net
with SEC—
statement with
! 15,000
37,567
1943
from
from
Gross
Co.—Registers
368,406
'
income.-
1946
-
$1,299,583
railway—! $15,731,648 $14,769,437 $13,262,096 $17, 270,942
railway—-—3,783,951
4.253,457 ; 1,124,786 ! 7, 014.305
Net ry, oper. income-.-./
1,396,063
2,046,291'./ 111,536
3, 017,792
(
—
;
processing
selling
&
£ 5^ mortgage bonds, due 1978. The
^ determined by competitive bidding.,
bank
^
to
Kidder? Peabody
3 filed a re8istration
aaa-
n
Calumet
BeV.
Gross
Director—
a
H.
Ry.—Earnings—
1947
$1,594,174
railway--,
railway—i!-
oper.
ry.
.Gross
Central of Georgia Ry.—
cents.
213,997
,
Chicago Rock Island & Pacific
Ry.—Earnings—
5? '/r -'i
1948
/
1947
$185,806
133,000
2100.
p.
March—
Albert
railway:^.
: March—
.
1945 ■/
..
61,281
;
1,
1946
*$23,859
-
■!"'
1948
»
197,203
Louisville
Net
?
?
125,875
profit for the
&
.?•: 1948
oper.
1,333
outstanding
investments.
March
Indianapolis
t
r|! oper. income.--,;j *2,353,532
/ "Deficit.—V. 167, p. 1467.
•
?
:
compared with $0.31 per
The number of common
shares
entirely
—V,
made:
1947
15,000
as
374,855
■
385,402
from
tThe
net
share
last.
WM, the following distributions were
?rn<L»ept- ,2-20 cents each; and Nov.-22, a
—V.
,
*
166,
It
the
share,
per
f 700,0 .2
-
credit of $11,125
represents the proportionate amount
income tax whiph, it is
estimated, will be recoverable under
carry-back provisions of the Internal
Revenue Code in respect of
loss for the
quarter, * /
z
**
v
:
.1
The
cents
!
From, Jan. 1—
k': !/f-'O'-' '
''r'' ; '\'V
from jaiUWay«-'!a^^2,738'.76tr'39.664:773
;'38,251,297 " 39,,666,742 f
Nct' fwbm railway,.-". , 2,027,440
4,411,248 - 3.227,944
Federal
the
Bullock Fund,
Ltd.—20-Cent Distribution—
June ,1
:
profit.'.$198,982
'
557.693
317,529
;
Gross
Net
Net
p.
-•
Gross
incorporation was filed In
stock market, and the
split-up-
167,
Y-'
income
1467.
Chicago & North Western Ry
.-^Earnings—
and
>>
(est.)_
1,543,341
504,927
•
,
$391,037
—
tax
1,465,340
/! March—' ?/■''/'
1948 - ?
mi1946.
1945
/Gro!srlj4om railway— — $14,988,437
$14,279,819 $13,434,835 $13, 820,374
Net! from
railway-!—!-;;1,159,407',/ 2,347,658 - *592,026
3,,557,918
//Net ry. oper.
ineome^-^' / *362,751
844,102! *1,984,507
1, 834,797
company proposes
both the preferred
__!!!!!-, '
Inc.
75,087
2,034,442
1945
53,284,232 ' 49,557,651' 55,594,422
Net from
6.485,671
railway—!!—^; 8, 392,399 12.164,334
16,168,844
Net ry.- oper!
income!— !/' 920,9874,885,192 .4,371,390
7,524,705
: V
"Deficit.-t-V. 167, p. 1804.
"
:• •
13,497
interest
41,812
from
Grpss
major¬
a
with the
discount
———!
Depreciation
of
immediately thereafter.—V.
debt
140,053
From Jan.
the company's
.stock
held by
the possibility of
increase
of
The
The
of
15,480
1,971,021
income
*
1—
railway
from
/Net
la¬
common
$399,635
expense
Other
.
at
opers.funded debt
175,909
Chicago Milwaukee' St. Paul
Net
1
Subs.)—Earnings—
1948
from
on
Federal
The corporation does
not
the shares which
will be
able
profit
80,156
March—
'
Central Foundry Co. (&
ry.
Gross
Treasurer,^as been elected
thus increasing the membership from .10 to
3 Mos. End. Mar. 31—
a
from
ry.
Net
Increasing the outstanding
from 130,000 shares,
and
130,000
247,769
p.
from
a
the company only )f such
of
a
majority- of all the
the
"
Vice-President
directors,
1804.
p.
$520,415
57,600
"Deficit.—V. 167, p.
.
(E. L.) Bruce Co.,
Memphis, Tenn.—Split-Up Voted—
The
stockholders,, at a special meeting on May 4, 1948
1946
$493,169
indebtedness
Corp. of America—.New Director—
Richards,
board
11.—V.
-'v.
1947
$730,540
'
majority of
a
than
Share Co,
In order
inumber of votes
being,
tf
717,475
1804.
p.
number-of
and
,v.,,,,;....,
Celanese
"
Nil
be
2,092,286
*510,339
1948
oper.
Net
1958,
?'•' I V
requisite
qbtained, the
employ Georgeson & Cov to" solicit proxies from
and common
stockholders.-—V. 167, p. 1804.
1
"/./.■-> i /
'*"•>'
will
approved
outstanding
Bond
to
/t$385,834
stock
7,486,630
591.405
640,578
$519,472
oper,
Net
capital
company's
the
first
outstanding
/./?
,
253,278
railway-
from
Gross
company by public offering or an
investment bankers who shall have
or
1,661.50V
691,923
From Jan.
the
unsecured
1952
unsecured
outstanding stock together
than
the
$1.17"?
market
such
*"
6,957,949
railway!.-
167,
Net
$5
Electric
of metal inventories
acquired be¬
tlncludes $575,000 gain from sale
tLoss,
acquired
#
4;
less
not
outstanding
t$385,834
$396,7174$!,434,539
(after
requirements)
"Includes $958,000
of
2,074,026
income.—
167,
824,847
*433,510
.
railway.!——
from
ry.
Net
the
of
underwriters
make
company's
111946
1947
*$1,859,539
"262,000,125,000
surplus...—.4—
to
amendement
awl
Net earnings to
amount
of
between
323.557
.
'
.
7,315,701
from
Gross
indebtedness,
amount
296.993
->«
8,275,126
Chicago
offerings
stock
common
through
common
Subsidiaries)
$658,717
——„
secured
dates
1—
railway..—
Man h—.
outstanding shares of
preferred stock of the
company vote in favor of the.adoption
thereof.
The proposed amendment. with
reference to the offering of
additional
'
'
the
Net
y/
modify
of
secured indebtedness cannot be
adopted unless the holders
ity of all of the company's
the
Bridgeport Brass Co.—Earnings—
of
pf
principal
various
1945
$2,649,931
$2,22a,472
■
to
as
*64,582
railwayfrom railway--!
—V.
under the provisions of the
company's charter, the proposed amend¬
ment liberalizing the terms
upon which the company
may issue un¬
$594,536
167, p. 1466.
aggregate
so
company
1946
$2,405,581
Jan.
ry.
Net
1947,/.:'
without the approval of the holders of
preferred stock; and (b) so as to
authorize
stock pro rata to
the company, ' -
903,516
$391,178
the
computation
additional
offering
$1,498,052
286,826
(Excluding
the
majority of the
ol
,177,213
$741,980
income
of
by excluding the
promissory notes, due at
which the company
may-issue
$1,320,839
...
(10%
surplus)
agreed
$972,953
—_—_
income
F*entals,
Net
473,963
y35,564
income.
oper.
Gross
>
(DrUu
income
and
3V4%
from
$2,121,524
Taxes
Equipment rents (Dr
indebtedness
$23,720,805 $20,443,961
20,118,823
16,293,974
5,482,607
(a)
the
by
1947
640.688
From Jan.
/!i\.
proposes to ame.nd its charter
restriction upon the issuance
1948
$2,638,457
from
Gross
permitting the following trans¬
Carolina
"
present
1948—Month—1947
$8,525,048
$7,253,395
168,710
"594,109
829 993
ry.'..oper.
Net
7^'—V' -:V:
••
911,307
132,537
1
7,701,901
2,094,768
757,157
t
Gross
i.i
,v
Period End. Mar. 31—
341,717
;
6,081,618
Chicago & Illinois Midland
Ry.—Earnings—
'
''
«•'
March—
that
Carolina Power & Light Co.—To
Amend Charter—
foe
898,539
"496,288
,
$2,948,172
"Deiicit.—V.
cents
contractor
,
1.948
revenue !———!—!.
167, p.
"205,877
railway....
from
Net
record
of
believed
feeding
States.
Months Ended March 31—
Passenger
'/
railway!—:. j_
oper. income,
From
Net
Leverone,
United
dividend
15
* /
-
from
ry.
Net
*242,783
"338,969
.
1,294,694
„
Gross' from
Capital Airlines, Inc.— Passenger Revenue
Higher—:
Durite
President.
and
Leicester, a Vice-President of the Bordert Co., will
the new division, Mr.
Montague said.—V. 167, p. 422.
Net
—
.
products
and
314.175
492,886
,
take
to
E.
6,852,079
Net 'from
"70.8331
1584.
p.
on
the
on
corporation
the
synthetic glues,
for a variety of uses and
Durite Plastics produces
themosetting synthetic
and
moulding compounds
William
Co.
division
manufacturers
hinders for foundry use.
resins
Casein
according to Theodore
company,
formaldehyde,
chemical
a
*127,784
382,769
583,672
"198,185
1.
this
company
* 185,789
$122,954
-■:
income—r
directors
share
per
Borden Co.—Forms New Chemical Division—
The
oper.
89j958
$2,752,017
Chicago .Great Western Ry-—Earnings—
Canteen Food Service Inc.
(111.)—Initial Dividend—
...
,
115,493
.
railway——
railway.
from
Gross
^
$275,184
share—
com.
'
-
...
•Deiicit,--V, 167,
The
Net
"132,729
$531,691
$271,821
57.224
ry.
Mar. 31,*45
$479,923
$195,822
Mar. 31,'46
"53,047
$119,177.
from
,V';. March—
1945
$167,030
*113,125
railway——
railway.—!
from
Net
Subs.)—Earnings
Mar. 31,*47
income.^.
1—
a
1946
"46.343
railway—;
Jan.
1947
$210,661
from
Net
Blumenthal & Co., Inc.
'
railway——
oper.
131,680
7,893,076
<
1945
$2,100,442
;
ry. oper. income-!- ;
400,931
"Deficit.—V. '167, p. 1584.
Vermont—Earnings—
•1948
from
436,696
income...
'
1946
$2404,143
371,374
Net
Bigelow-Sanford Carpet Co., Inc.—Dividends—
The
50
1947
railway..$2,745,212
railway.^
ry. -oper.
Gross
1583.
p.
1948
from
from
From Jan. 1—
from
from
Net
March—
230,643
oper./income.—
ry.
Chicago & Eastern Illinois
RR.—Earnings—
1945J '
£946
$803,816
From Jan.
2,414,650
1947
$668,137
*
Net
1583.
p.
1948
from railway—
from lailway
Net
147,725
1,445,702
754,630
FINANCIAL
$743,159
Gross
4)52,632
2,975,371 *
income—
opcr.
167,
1945
$1,094,709
!
&
Canadian Pacific Lines in
Maine-^Earnings—
1—
from
from
Net
1948
railway—
railway
from
Net
COMMERCIAL
V
Volume
167
Number 4697
Columbia Broadcasting
(Including
System, |nc.^—Earnings—
Domestic
13 Weeks Ended—
Gross
sale
ties,
talent,
and
discounts
S.
Mr.
to
lines,
records, .etc.. $26,252,456 $26,334,922 $23,276,004
Time discount and
agency commis- "
■•••-sions, record returns, allowances
^"
'
■
Balance
Oper.
Prov.
for
of
cost
deprec.
250,344
Gross
Kennedy,
his
Pre'.'dent,
Vice-President
as
'Bischman
new
285,985
The
announces
and
from
moves
the
Coordinator
appointment
35
Reid
LIABILITIES—Accounts
*
Murdoch
salaries
division
1£2Q,
In
198,235
—
$2,279,670
94,917
112,662
88,559
,
April
to
Consolidated,
the
1548
years
25
finance
issued
1949,
their
order
an
granting
applications
construction
Hope Natural Gas Co.,
State
Natural
Gas
Corp.
with
Total
profit
for
$2,520,686
Federal
income
taxes-
$2,425,551
927,400
906,000
Corn Products
Co.
(Incl,
sell
and
Net
income
"•Earnings
for period—
"■Calculated
the
upon
Commonwealth
Profit
ended
May
week
a
four
past
1,
year
the
167,
1804.
p.
to
other
Edison
electric
Sales
for
weeks
1948
167, p.
company
covering
.
3.8
offered
205,811.000
17
1.!—215,811,000
209,743.000
2,9,
10
217,881,000
209,205,000
4.1
April
April
——1,
167.
held.
Justin
R.
had been
$2,969,189
Vultee
May 5
on
1,159,849
$2,710,316 $10,808,569 $10,085,287
Southern
Whiting,
President,
Corp.—Registers
filed
shares
($1
with
registration statement with the
a
par)
stock.
common
rate
of
one
The
stock
share
new
stated
3
that
the
in
coinmon
stock
made
of
commercial
The issue
transport planes.—V. 167, p.
of
directors
consideration
preferred
would
of
thatv.this
said
to
was
stock
their
at'
for
recommend
be
given
the
additions ..to
laid
before
which
the
/
■
that
the
regular
of
shoulo
cn
its
■
property?
•
amount
an
exceeding
*
have
to
be
provided
from
the
The
onfii%rVizartidn.
prior/to the issuance of the
.;objectives of such amendment are
*,
Act
weekly
kilowatt hour output of electric energy of subsidiaries
corporation adjusted to show general business conditions of
territory served for the
week" ended' April
29} -1948,/amounted
to
in
compared
as
283,313,100
1947, an increase of 22,495,320
for
the
corresponding
7-04%.—V.167,
-or
•
,
-
Quarters End. Mar. 31— /%. 1948
Profit
after
Federal
Net
-t
'
charges.—/'>$1,129,276
$1,705,443
$928,749
$1,036,443
1,005,894
335,298
335,299
$0.69
$0.92
$3.09
$690,276
;v
share—
:
Net. sales.
Costs
,
Ended
March
31—
__________
and
-
.
—
1947
$462,000 %
-
—
expenses
Other deductions
:(/.
.1948
^
_■
statement, includes
charges
\!,
to
be
depletion
of
'w'
v.
in
$42,900
1948
^
and
,v
$38,300
7,'."
in
1947.—V.
167,
Net
and
744.
p.
*
The
3%
is inviting bids, for the
debentures, due June 1,
company
convertible
to
company
debentures
Its
Bids
will
limited
May
on
18,
but
not
1963,
and
to
the
subscribed
for
be
of $57,382,600.;
offered by the
purchase
all
of
by the
at Room 1628,
company
4
at
or
Irving Place,
iEDST)
3%
15-year
new
convertible
debentures.
•
of
that
It
are
system
would
to
Commission
-
,
bem¬
per.
167,
tion
expan¬
as
for
give
''
;
.
"
7
'
/;
>
May 5 announced that System output of electricity
company on
:
249.
will
The
preferred
new
'
'•
stock
at
'/
of
net
the
:
y
restricted
1948
Operating (revenues
Operating
$13,134,746 $11,159,481
__
expenses
1—Aj
and
8,860,269
" '
available
to
75%
of such
.
amortization
Taxes
T(- Operating income
Other income
therefor
v
$1,592,985
r
I,—,.—
—
-Gross
Total
income
Net
...
——_^
-
95,043
per
167, p.
The
$1,688,028
deductions—l^. .1:(" •;('-■((•
income
Earnings
V.
income
632,998
1,479,325
100,000
$1,032,787
$3,182,379
' /•
$3.21
$479,045
•"
$1.32
a
and Tonawanda,
Pa.,
82,419
sales,
377,488
share—*..—
common
VC
1256.
Commercial
'
and
'•"(
V
1 '("('l- (
314,741
$1,310,540
—I——_
$1,545,340
$0,94
$1.14
23,489
for
except
80
Rights
expired
cents
$1.60
Jan.
on
the
Co.—Stock Subscribed—
of
record
stock
common
March
Utilities
Texas
April
1948.
2,
in
share
per
year ■
-
..
.
share.
one
18
was
.
par)
(no
fully
sub¬
(parents sub¬
Co,
subscribed for by other
will be credited to
were
Proceeds
12.
1921.
.1
10-year loan in the amount of $5,-
a
.
.
3 Months
EndecJ March 31—;
and
Sales
operating
Cost of
sa'es
Interest
Y.—V.
N.
167, p.
1362.
$7,193,576
'
"
Prov.
for
Fed.
inc.
tax
82,089
80,832
$3,638,760 $27,735,156 $26,771,498
5,884,060
25,337,395
123.315
107,477
506.693
138,000
Pay't of balance of past.-: *%'•
23,681,143
483,131
1,147,000
774,000
254,000
;'•(^ 'I
'
%
•
Net
for
income
shrs.
Common
V
$213,417
$393,223
501.369
501.378
$1,117,068
501,369
$0.43
$0.78
$2.23
share--
$1,328,380
501,376'
$2.65
CONSOLIDATED BALANCE SHEET, MARCH 31, 1948
securities,
-v"(less
period
outstdg—?
per com.
131,844
1
prem.;—
pension
serv.
at cost
reserves
$4,445,277;
additions
chinery
banks
and
and
and
on
hand,
-
U. S. Government
$1,804,980;
plus accrued interest, $2,012,538; accounts receivable
doubtful accounts and discounts of $153,176), $1,-
inventories,
037,195;
lower,
for
in
U.
valued
S.
average
Government
betterments.
equipment
at
$2,970,680;
(less
reserve
cost or market/whichever is
securities set aside
for plant
land,
lor
$223,468;
depreciation
1948
,4
other
Federal
and
'•
1947
$10,605,705
$7,004,747
8,523,462
5,780,130
operating expenses-——-—
7,000
8.771
652,334
471,010
—
depletion
and
Income
state
.
in¬
cancellation
of
—
income
Net
income
—v.
166,
—
taxes.—
576,500
246,900
*■—_$846,409
$497,936
buildings, ma¬
of $7,704,809),
$2.11
—
$1.24
7.
1888.
Delaware
v
share—
per
p.
Power &
Light Co.—Definitive Bonds—
Definitive first mortgage and Collateral trust bonds, 3V»% series due
are now available for delivery at The New York Trust Co.,
100
Broadway, New York, N. Y., in exchange for outstanding temporary
,1977,
..,(-,.
2417.
166, p.
•
Denver & Rio Grande Western
;
:.
.
RR.—Earnings—
(Including Denver & Salt Lake Ry.)
March—
Gross
Net
railway
$4,939,011
1,058,816
from
railway.,,.—^;.—
railway operating Income-,}—--
Net
:>
1948,'
...
from
From Jan.
Gross
1—
from
$4,363,345
1,076,946
"61,213
729,153
"263,351
705,181
%,(
.
r
1946
1947
$4,656,103
'v
•
1,486,097
railway.}.--
1,206,731
1,005,475
959,617
Net
from
railway-.*——————.
4,326 624
2,706,736
2,322,212
Net
railway operating income.^—-.-
2,835,836
1,716,382
1,291,735
"Deficit.—V.
167,
p.
1693.
;
"
:
Derst Baking Co., Savannah, Ga.—Files with SEC—
company on
14,750
par
1946—12 Mos.—1947
6,718,844
(,
and
and
leases
The
-
Earnings—':V'>
35,601
/
—
expense
Depreciation
(.;(>.
$6,603,159 $27,653,067 $26,591,259
,
.
incl.
revenues,
credits
come
April 30 filed
letter of notification with the SEC
a
($20).
shares
of 6% cumulative preferred stock, to be offered at
Underwriter, Johnson, Lane, Space & Co., Inc., Savannah.
Proceeds will be used to construct a new bread plant.
Detroit Edison Co,
12 Months Ended Feb.
(& Subs.) -Earnings—
29—,
Gross earnings from utility
and
■Maintenance
-i—
61,446,442
10,253,597
—
(deprec.)
Amortization
and
Taxes
(other than
Provision
Other
income
income
Gross
corporate
from
taxes)
Cash
—V.
inc.
167,
p.
share
(based
?
328,464
9,104,705
3,888,000
4,852,000
156,453
I,
$16,416,918 $15,429,926
—
5,469,205
—
4,430,336
$10,947,713 $10,999,589
8,204,328
7,633,560
—
1
on
7,420,000
429,080
260,189
income-—
—
7,699,952
$16,156,729 $15,273,472
—
....
per
taxes—
1.
dividends paid or declared
49,058,240
•
>
9,215,068
—
—
Income
7,720,000
plant
—
income
Balance
Net
electric
utility operations.
Deductions from income.—
Net
reserve—
—.
estimated Federal
for
Balance,
income
$109,108,916 $93,736,834
—. —
—
repairs.—.
Appropriation to retirement
of franchises
acquisition adjustments
1947
1948
; •,
r,
operations-
Operating expenses
$2,743,385
6,997,430 shares).
$1.56
$3,366,029
$>.57
..
1806.
Financial
Chronicle
(Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Selbert, Editor and Publisher,
President; William D. Riggs, Business Manager. - Published.-twice a week [every Thursday
(general news and advertising is sue)
iss"e ffL, ¥onLday L
St., Chicago 3, 111. (Telephone State. 0613); 1 Drapers' Gardens, London, E. C., England, c/o Awards & Smlto.
Copyright 1948 by
as second-class
Dana
matter February 25,
1942, at the post office at New York, N. Y"., under the Act of March 3, 1879. . Subscriptions in United States, y, S
Possessions, Territories and Members of PaaNOTE:
On account of the fluctuations in
the rates of exchange, remittance for foreign -Subscriptions and advertisements must be made in New York funds.
America!) Union, $35.00 per
year; in Dominion
of Canada, $38.00 per year.
Other Countries, $42.00 per year.
"
William
offices:
Dana
135
8.
Seibert,
La
Salle
on
Repayments on the long term loan are to be
periodically in varying amounts, the final payment
on May 1, 1958.-—V. 167, p. 1806.
%
bonds.—V.
99,407
&
admin,
ASSETS—Cash
$1,860,081
of
,,
stockholders
^
.
1948—3 Mos.—1947
;
income
of
$1,777,662
.
.
$0.61
'
building Is completed.
on
purchs.,
other income.——
Earns,
^
to
share
per
stock, no par
similar distribu¬
A
Deep Rock Oil Corp.—Earnings—
.
Net
int.
'
t
'z.
share
cents
10,
.
„
Continental plant devoted exclusively to the
shipping drums. The other three, operated by
Continental subsidiary, are lociated in Van Wert,
.selling? expense———7
Prov. for depreciation^!:
1,002,856
1,765,752
& Light
40
to be due
net
'
———( $7,170,087
sales
and
6,613,210
935,634
1,745,858
Depreciation
years.
made
..
2,037,184
$2,112,830
$2.03
new
fibre
Reading,
Disct.,
1947 '
/
against
as
total
a
t,. .!
of
cumulative class A
record June
pansion and improvement program during the last two
time
any
Subsidiary reserve -J—I
i
of
last,
1,
received
744.
poration has effected
(& Subs.)—Earnings—
1,294,960
Period End. Mar. 31—
Net
'*
2 Months Ended Feb. 29—
April
$1
(
Davison Chemical Corp.—Private Financing—Chester
.F. Hockley, Chairman, announced May 5 that he cor¬
for
(Cost
Consolidated Gas Electric Light & (Power Co. of Bait.
to holders
Corp.—40-Cent Distribution
dividend
a
capital stock account.—V. 167, p.
.
income
Continental Steel Corp. (& Subs.)-
Total
1,1
1920.
declared
1
on
p.
(stockholders.
the
i
fourth
the
of
Container Co.*
Ohio;
(electricity generated and purphasedi for the week ended May 2, 1948,
amounted to
201,700,000 kwh., compared with 197,200,000 kwh. for
the corresponding week of 1947, an increase of 2.3%., Local distribution
of electricity amounted to 190,800,000
kwh., cpmpared with 186,400,000
kwh. for the corresponding week of last year^ an increase of 2.4%.
V. 167, p.
have
protective
under
l' 1948
;
• 1947
1946 "'■•
1945
$34,051,673 $30,501,849 $18,401,595 $18,202,975
1,665,785
2,058,370
5,219,563
3,407,790
,
the
as
be
manufacture
'%
•
;
for
scribed for 62,292 shares and 5,957 shares
prgan-
*
Weekly Output Increased—
for
Underwriters, Wm. H. Flentyre & Co.,
Johns, 2002 N. Logan Avenue, Danville,
working capital.
(
W.
used
company's offering of 68,250 shares of
scribed
31—'
share———
p.
soon
This
the 7
company the approval which it has just announced.
The company is
to invite underwriting bids for the debentures on or,
befpre June 3
and must offer the debentures for
subscription not later than June 15.
The
The
,
City.'
Proceeds
part
the
be
stock
A
167,
per
{ .The company, now' has under construction a; new paper converting
plant for the manufacture of "Leverpak" fibre shipping drums in the
county of St. Louis, Missouri, which is expected to be finished and
in production by Feb. 1, 1949, according to J. F. Price, General Man¬
ager of Continental's Paper Division. This modern
factory will com¬
prise approximately 200,000 square feet. It will be located on a 43
acre plot
at 8341 St, Charles Rock Road and the Terminal Railroad.
Manufacturing equipment for the new plant has been under con¬
struction for many months and will be ready for delivery and installa¬
-
The company, May 4, received formal approval of the New York P. 8.
Commission to proceed with the sale to common stockholders of
$57,-
382,600
outstanding,
now
made
class
$60
benefit
the
Charles
will
accumulations on. the
at
The stated
■
Continental Can Co., Inc.—Builds New Plant—
f
Financing Plan Approved by N. Y. Commission—
used to pay off bank loans and to finance a
sion. :'The Commission stated late last month
50%
to
.:
the' sub¬
a.m.,
before 11
New York
for
of
%•■
/
share.
per
and
directors
of
1949,
for,bonting. .res.".
—V.
the
to
pursuant
of
$35
Dallas Pqwer
/'
includes, among others, a provision which
long as any shares of preferred stock are /
such dividends will be
sales
Earned
,
received
be
stockholders
common
offered
so
scription offer.
underwriting
(
Prov.
Consolidated Edison Co. of New york, Inc.—Invitation
for Bids for Underwriting 3% Convertible Debentures—11
y
$0.70
(Thomas) Hardware, Danville, 111.—Files with
at
1947.—V.
of directors the authority to de¬
by-laws, the terms and conditions,, if
fund for the shares' of any particular
'•
% Net prof, befl Fed.1'taxes
/, Prov. for Fed. taxes-^
:'
i:!!
$140,779
Nil
JBased on net income before appropriation
of facilities at current cost.—V. 166,
p. 1888.
111.,
was
The
of" dividends on the company's common
to the following limitations: (a) :common stock
subject
/ 3 Mos. End. March
$92,500
:
stock'.
establish
,
■
for jdepreciation
tion
board
the
to
purchase
iO}i,00 "i^f/.iContainer •€ori»./<»£ America
$75,000;-:;
.NOTE—The above
"$3,140,067
$1.89
defic't.
or
"
annually, commencing in 1949, )ft prices hot exceeding
offering price thereof, not less than 2%
of the
"
"
end
income
whenever the common/stock equity
becomes less than 25%
but is
equal to.iOh.greater, than .20% of total capitalization, and (c) except
to
the extent permitted ..(under
(a) and (b) above^ Consumers shall
not pay any common stook dividends which would reduce (he common
stock equity to, less than .25% of total capitalization.—V. 167, p. 1693.
:: '
.i' C ,\
a
466,000
^9,800
$2,874,801
t$0.43
chare
qom.
value, payable July
public
will* be
tion,'(b)
-
$383j600
527,200
(net)
430,031
1,641,566
Crown Cork International
esti-
ffwhenever the common equity becomes less than 20^ of total capitaliza-
•
.
shall
dividends
.
Months
the
in
or
states, generally, that so
outstanding- the'payment
1
".
V-'v
per
account
.The -proposed amendment
hl,.v$1.42
.;
vest
telssued and. outstanding.
Consolidated Cement Corp.
3
initial
stock
pari
per
620,000
to
amendment
purchase
the'
$476,997
4?9,0Q9
the
preferred
new
(1)
& maximum number-ef shares of the
669,000
-I
'167,
—V.
$1,548,749
1945 I
shrs.
common
Earnings
I:'
1946
$1,579,997
1,103,0Q0
"profit. Aw*//,/
(no
<
1,005,582
income taxesid^
Outstdg.
.1947
430,031
1,641,567
of preferred stock to be issued thereafter.
In this connection
000,000 froiii the Metropolitan Life Insurance Co.
Pro¬
filing fiidicates thafTbe b'bbrd of directors proposes to establish aA4
ceeds of the loan are to be used to refund bank loans
purchase fund with respect to the new preferred stock, the stated'"
effect of which will be, generally, to require the company to endeavor
which were Incurred as a Result of the corporation's ex¬
to
Inc^Earnings—
•
430,028
1,894,115
the
19?0.
p.
430,028
2,272,938
—
class
week
•
Conde Nast Publications,
(2)
by
of'any sinking
any,
•
with
and
termine,
this
305,808,420
it is
$85,000,000 and
before
sale,
all the preferred stock, including that
provisions conforming to the standards of
/'
/Weekly Output Increased 7.94%—
-
of
$1,080,159
"$1,622,807
(Kvidends
Proceeds
The
r
cash requirements therefor
of its
of
.
$2,212,377
to surplus
divs. (1%%)_
1,000
111.
jLXKe £. lawiul
securities, - of a type not yet determined
determined.
5 Consumers iironosk ' in-'addition to amend its e<
Consumers1 propose, in-addition, to amend-its certificate of
be-omitted.
n<H
for
or
mated that approximately $33,000,000
will
this ime.
at
$5,198,944 "$1,068,470
450,000
trar.sf.
Aurora,
of
ing 1948 and 1949 .in
i,
$1.50
might then have;been
nn^mfhr^hay^a^mCMit°^rhraccount^of r^ri^rae^s
anyTurther payment
pccount of aneaiages
$2,212,377
common
obligations, or to reimburse its treasury in part for
made, for such purposes.w-^
V /
"
"
"
The company ' contemplates expenditures for
property additions dur¬
meeting/.//
dividend
$1,068,470
,
expenditures
'
the payment of a dividend on the
quarter of 1948.
He stated
that he
board
proposal for amendment of the plan that
any
1!refunding
'
be
11, Vat
May
on
)'■
v
$5,198,944
company on April 21 filed a letter of notification with the SEC
shares 5% cumulative preferred stock (par $100) and 3,850
shares common (no par). The preferred will be ofiered at
par and the
for
Consumers Rower Co.—To Sell 200,000 Preferred Shs.
management
to
second
the
to
meeting
•
would
405,000
$1,530,159
2,085,500
sec—
exten-
-I
,
information
405,000
The
and
••••.
Whiting
184,576
450,000
Couron
funds
*
°{
-V
.
V
Mr,
board
254,225
540,000
:
—
1805.
so
°n
4,470,000
replacement
funds
b°
365,429
$6,218,689
1,285,300
230,512
259,148
"Loss
one
by. representatives of the preferred stock participat¬
recapitalization proceedings pending before .the SEC and
the
375,808
"$478,894
$5,853,260
910,000
Surplus
advised
the
representatives of
1,008,923
$3,239,308 810,373.169
_
1945
,
—
Earnings
be
Thecompany on May 3 asked SEC permission to issue and sell
.through .competitive bidding 200,000 shares of preferred stock (no par).
participating that negoti¬
/The dividend rate, which shall not exceed $5 per annum (but shall
ations were in progress between them looking to joint recommendations
('not be $4.50, !ihe/-rate on the outstanding preferred stock)
and the
lor amendments to
the
planof ' recapitalization proposed
by
the;;; price to be paid to Consumers, which shall not be -less than $100
corporation. Mr. Whiting said that the management was also so ad- r
nor
more .than $102.75 per share, plus accrued dividends to the date
vised that these negotiations contemplate an increase in the amount
0f purchase, wilL.be determined by the
competitive bidding.
ing
by
"$854,702
tax—
Common
SEC
will
each
for
Consolidated a return of $7,000,000 from the stock
offering.
has .not been underwritten.
Proceeds will be added to
Corp.—May Amend Plan
May
$9,364,246
528,236
__
income
Preferred
Aircraft
general
&
1946
$2,711,072
Net incqme
L—
Aprrop. for repl. of facil.
1948—4 Mos.—1947
.
for manufacture
Commonwealth
companies)
1947
Inc.—April Sales—
Atlas Corp., holder of 11,4% of outstanding consolidated stock,
exercise its subscription rights to
purchase enough stock to assure
will
>
1920.
p.
sales
1948
(Other
Depreciation
1948—Month—1947
present stockholders at the
2.6
24
wages,
Federal
v
>/< Inc.
211,155,000
April
•
thap inc.)
profits tax
Taxes
SEC—
The
1947
202,412,000
;
accrued
1535.
Consolidated
•
subsidiary
operations.
income
Federal
Bal.
showed a 3.8'1 increase over the corresponding
Following are the kilowatthour output totals of the
and percentage comparisons with 1947:
\
2,300,goo
week
the
1948,
ago.
23,000
Total
Excess
.
'
—V.
associated
and
Co.
utilities,
1—210,176.000
—V.
Period End. April 30—
for
reserve
income
$16,000,000
^
Consolidated Retail Stores,
Co.—Weekly Output—
Commonwealth
sales
Week Ended—
May
($2.50 par).—V.
167, p.'1805.
from
Other
11,400,000
100
York
.
Edison
excluding
$0.85
114,000
$485,300;
accrued
Consideration
160,000
100
—
—V.
$1,462,229
$0.87
1,717,352 shares
Electricity output of
companies,
$1,498,151
$0.90
.j—
'
New
$1,553,686
share——,
per
No. of Shrs.
$100
Peoples
$30,786;
expenses,
■
$355,301;
3 MOS. End. Mar, 31—
issue
other
and
tyade,
—
Refining Co.—Earnings—
the
Gas
to
propose
Par Value "•
Hope
$266,418;
Natural
and Consolidated proposes to acquire for
cash, during
and 1949, additional shares of
capital stock as follows:
Issuing Company
$2,368,229
967.000
i
taxes,
for
'
Prov.
commissions,
programs
Peoples
premiums
payable
Stale, local and other
Income taxes and wage
rate inequities,
$1,763,165; reserves for operating, compensation insuf-(
ance, etc., $318,930; reserve for future
inventory price decline, $500,000;
reserve
for contingencies, $150,000; common stock
($14 par), $7,022-1
680; earned surplus, $8,328,428; common stock held in treasury (251
shares at cost), £>r$3,731; total, $17,486,491.—V. 166,
p. 18G7.
'%%
"
respective
and
general
following proposed transactions:
to
.veers 1943 end
and
New
York
$2,312,889
.
on
the
to
order
3
(2027)
$4,961,565; prepaid insurance
tptaj, $17,486,451.
A.
years' of experience with Monarch
he has been in charge of Monarch's
years
p.
Of
purchases.
of
Consblidated's
.
assign meat, after
SEC
respect
$2,425,769
(net)
CHRONICLE
6,928,434
$18,676,763 $19,529,402 $16,347,570
12,103,034
13,024,241
10,797,073
3,897,616
3,906,287
3,072,591
expenses—
profit
Miscellaneous
income
FINANCIAL
Consolidated Natural Gag Co.—To Buy Stocks of Subs.
amortization
and
6,805,520
&
Finer Foods.
During recent
factory department.—V. 167,
,,
7,575,693
spld__
goods
admin,
&
gen.
,
—
———1
&
exps.
Selling,
——
M.
Bischnmn
facili-
of
COMMERCIAL
Consolidated Grocers Corp.- -New Vice-President—
-
Subsidiaries)
Apr. 3, '48 Mar. 29, '47 Mar. 30, '-46
from
income
THE
wmiarn^
.
Con^any.
Reen^^
,
4 ,(2028)
THE
Detroit & Mackinae Ry.—Earnings—
.\larch—
,
irom
.oss
at
•
J 94b
from
'it
ry,
railway.
railway
income-—
Jan.
>ct
ry.
72,790
:
384,005
Operation
55,114
24,550
97,230
20,472
oenvraJ
2,264
$544,789
1946
income
167, p.
$457,233
$382,057
Income
$350.:06
74,480
3,916
taxes.
i
i
stock
48
.jar
.
vtll
dividend
holders
to
4%
V.vo
*40,109
1,206,731
1,005,495
Net
959,617
238,028
134,808
81,936
129,363
91,369
19,569
*15,951
52,050
'
ending
be
May
May
Instead
caJi
•
..ie
cash
of
distribution
for
is
Tnis
declared
have
in
during
declared
on
May
addition
the
common
J48.
»
The
iv.Jan.
,
income
The
of
a
25
cents
—V.
5.62
6,222
$1,266,359
$1,265,163
24,4/0
168,0a7
$53,449
$1,038,262
$927,395
—i/- .->67,501
declared
12%
in
with
compared
the
during
stock
in
167, p. 1G92.
.
fiscal
current
stock
common
8%
and
and
50
40
67,501
requirements.^—.
share
to com.
stock
and
in
joint
the 2-for-l
to
stock
In
ended
week
kwh..
167, p.
1948,
amounted
22.1%,
or
Associated
set
Mellon
to
to
Lead
Zinc
&
Co,
interest
the
National
natural
split-up.
revealed
in
rate,
—v.
in
Seattle,
will
Bank
started
167, p. 1693.
,
immediately,
•
it
64.045,000
Febuary—
"
Total
consolidated income—-aL-L--—-——
Provision for income
'
•
/
Net
income
1948
J
4Va%
6%
6,333
6,333
13,691
•142.036
16,123
10,371
79,126
,
167, p.
taxes-H
preferred stock—
stock
—V.
/
'
nares of common
stock,
no
oSe^H118 rCVCnUe5
Operation
plus
acerued
"
1,108,729
call
who
—
,$10.05
166, p. 758.
v,(1V
gross
Mr.
103.092
1,149,817
186,759
762,172
l
1.126,639
V
:,
33,814
E.
•
$172.516
$2,053,892
>.,428,816
$1,625,076
to
$1,567,729
$1,525,218
251,732
236,240
'
$1,803,969
191,863
$1,776,950
$1,612,106
COMPANY
Dividends from
subsidiaries____,:.:j.Zl_
..I......
General
taxbs
income
Feb
$
Net
?
no
si
,
$1'565'308
'25T732
■
$1,817,040
51,502
.
49
,,
92,502
98.985
15,214,
~T"r-——
—
peu
3^7
54
I .1
taxes
Interest
n4J.-ii BA.-.f
<4.0
236,241
$1,758,598
84,093
~~
"""""
IlZIIIIIIIIjlllll"~
....
2Q
$1522
^
light Colli:
J
-
.
"Federal
$1,610,025
ONLY
12 Months Ended—
"^ Total
Expenses
166,925
;
—
'Dividends from Fan River
Electric
16,389
income
Common dividends
paid
Convertible dividends
~
$1,566,735
1,371,298
157,911
S~
paId_II_IIIHHI~II~"2
167,
p.
1693;
and
^Quar.End.Mcr.31slw for income taxes
ta^es—
Fro?,- *2'«1
•
I*
•
"V"
II,
Co. (&
,
■
'
■
1150.
line
of
ti
3,451
V
that
and
that
served
now
••/''
Gross
Capehrrt
additional
by the
/
J
89l<821
$2.01
7ia-457
$0.04
■//;';>' ■'■•J:iy/
to
be
\
ry.
per
1.371.293
V
157,911
'
$2,389,377
Net
"•
i:
146,419
..
income..a.v:-_--:2'2»>'
•
1945"
NOT
•
on
allocated
surplus.
band
and
notes
of
FINANCrNG
it
(
IN
so
America
Ferro
an
an
'
V
In
against
-r
;
'
SHEET
,$4.01
restoration
'
•
'7°3-646
$1.39
IJ1IXI
1.
1991, :to
prices
repayments until
year
for
on
rate
to
company
additional
loan
lohns,
of
..I
;
Mar. 22,'46
91
^' 88
:
$21,408,827
;
1,636,302
G47.580
*
366,776
to
4-for-l
$0.46
tCriving
i$0.42
effect
1947
1946
1945
' $837,625
$950,071
.186,949
$1,262,328
.
'144,013
"•
91,420
*131,772
;
2,834,765
2,754,444
f
.
590,554
307,813
customers
deducts,
:
tu,
S.
shown
:
.305,500
140,333
:3,668,509
303,891
903,175
77,346
422,969
-
1948
1947
,
'
:•
2,104,733
>
CO——_
:
;
.
$7,347,618
2,197,407
227,266 V,.
9,750 /
$1,927,716
,756,976
181,107
175,006
;
9,759 '
.9,750
$2,006,549
I
AT;DEC.; 31,> 1947
receivable
(after
w'Vil/'''
on
$572,219
281.633
income tax.
all
33-s%.
the
^
shares
for
on
common
of
of
of
The
1.726,000
;v.-! 740ICOO
$1,405,416
89.643
83,206
$1,303,646
$1,320,210
1.74Q.440
the
Prudential
one-half of which
National City Bank of
It
not
is
now
necessary
$650,209
$2,123,552
'•
<
/
1
;
1,77.9,888
exchange!—V.
$0.73
subsidiary
160,
included
p.-1869.
$407,005
,
.85,206
^
$321,889
4,641,924
;
,///- $0.20
;
at
.
24,375
210,000
'••••,"Z'-'$0.76
,
applicable
'
,
1
.
■
the
to
$2,080,879
'* i' I
Z
Va
-
at
form
funds required for capital
contemplated, G. Gordon Gale, President, told stock¬
meeting.
This financing, he said, wHl be in
now
the
of
annual
$3,000,000
in
first
mortgage
bonds
and
$1,500,000
p.
208;
i'a
.
General Capital Corp.Quarter Ended March 31—
Total, income
.,
Z.Z
,
^
*
Total
expenses and taxes
Provision for Federal normal
'.l-
Total
net income
realized
:
tax
surtax__*
and
,1947' '
$441,049
.
'
16,706
■
18,927
.
i' 6,350
5,956.H
(exclusive of
unrealized
and
1948 \
$131,326
—
'
gain or losses,
securities)^
on
?
'
$108,574 r '$115,772
-
Z
.
'
.
BALANCE SHEET,
•
ASSETS—Cash
able
'
for
stock
in
of
MARCH
bank—demand
General
deposit,
31,
1948-»vr
$622,482;
;
amounts
G)'«■»•«'..■
receiv¬
Capital
Corp. sold, not delivered, $50,424;
dividends ' and
interest * receivable,
$39,312;
investments (marketable
securities) at quoted market values (less $230,229 reserve for.Federal
-capital gains 'tax, based on unrealized appreciation—recorded cost,
based
on
includes
it),
.
■
requirements
securities
$9,527,057;
Federal
of
acquired
total,
Ghan
net
$73,206;
reserve
&
<
assets
share),
Federal
(represented
$10,131,040;
regulations,
predecessor
for
accrued
capital
by
$7,046,993, • 'which
company
'
gains
Federal
tax
238.245 shares
total, $10,239,275.—V.
fee
and
state
deducted
of
stock,
166,
p.
and
cobt; to
at
•'
-
payable—management
provision
for
tax
from
$10,239,275.
LIABILITIES—Accounts
<>
other
taxes
tric
ex¬
(other
above),. $35,029;
par value $1 per
1682.
„
General Electric
total
make
."
I'KZZ'V
Co.—Financing—
debentures, both issues being placed privately.—V. 165,
penses,
Prudential,
_ll. '
stock.
Canadian
.
greatly, expanded
additional working
with
$041,470
78,706
company has ipade arrangements-for
holders
capital
.
obtained from, the
'I7
$1,393,290
stock-^.
-common
profit
90,065
perlod>4&'—%
outstanding^.
share
expenditures
reserves'-'
the
secure
ifots 09,250
217,663
"
I'
44
periods—
dividend
rate
,
$2,224,213 /.
3%%* seed. ?kj," fd.
Federal
per
'
securi-
$2,000,000,
from
5I.V"
1946
).^.a. $11,889,971 $11,200,462
beiow_4_
depreciation—-
■;
1950, at which time the company will pay back
22 years, which will leave
it, in 1962, with
this loan.—V. 167;-. p., 45. ' "
:
$604,738
to
f'
/;• //..
foreign
(M. H.) Fishman Co., Inc.—April Sales Decreased
7%
i 7 1948—konth—1947 •*'. 1948—4 Mos.—^1947
167, P. 1586.
not
1889.
Mar. 22,'47
$0.35
627,085
Gatineau Power
1947—Because .of
the
Enamel's
Period End. April 30—
Sales
—V.
at
p.
the
:>
-i
applic. Ho
official
$2.23.
of
■
AS
.
accounts
necessary
an
»
for
■//'/•
income-^-;""/ 270,684
167, p. 1469.
NOTE—Net
.
Z.'-V
Co.—Building Gas Turbine for Elec¬
Utility—
The
first
gas
turbine for an electric utility in this country is
at the company's Schenectady (N. Y.), Works and
shipped to the Southwest early in 1949, J. W. Belanger, Manager
of G. E.'s Turbine Divisions, has announced.
:
c: #" ) "
'*
under
will
■
n
166,
Subsidiaries)
■"'
..
45,172
for
Profit
Profit
316,320
banks, $605,375;.* Government
and
earlier
interest
for
Common
303,820
316,320
$94,256), $3,050,866; inventories,
>$6,232,535;
(non-current), $52,232; cash surrender valUe
was
the year,
of
retire
$1,000,000 still due
-'r
due July
A,
$6,592,
l,734,403
share_^'__„^. 1
pid. stock of sub.
Preferred
$707,247,
411.216
;
.'
business,
per
income taxes
outstanding__f-._Ta
1948:'
for
on
..Profit
■/
203,592
$1,268,088
,
earned
of
con¬
»
3,321,545
to
bef»
Prov.
140,072
> .' 347
share),
$316,412;
capital
surplus,
$3,719,943;-- earned
surplus,
$3,110,323; less cost of 92 shares of
capital stock held in treasury
Dr$l,661; total, $16,273,452.
any
bids
receive
$30,555,696 $27,585,781
"
"633,216
772,439
notes and 2'44%* serial notes.';.i—
Prov. for interest on 1st mtge; bds.
per
$250,000
STATED
1948
.Mar. 20,'43
income—
Prov. for int.
-
at
for
end
proy, for Dom. taxes and pfd. ctiv.
,
69,990
LIABILITIES—Notes payable I (due 4n
1948), .$34,901;
bank loans
(subsidiary companies),
$392,206; accounts payable (trade); $1,688
540;
ftaxes withheld fhonv
employees, $55,931; Accrued liabilities,
$67L546;
.advance
payments -on- contracts,
$989,623;
provision
for. taxes
on
income (estimated),
$835,593; drafts discounted, $132,990; other cur¬
rent- liabilities,
$91,610; 3%%
sinking fund notes due after 1948
$4,000,000; Ferro. Enamels (Canada) Ltd. 3%
mortgage notes due after
1948, $153,296; miscellaneous reserves,
$50,752; minority interest in
foreign subsidiary company, $31,448; Z common stock
(par value $1
$4,000,000
at
// Prbfit from D. S. operaiion^-,.—.
531,000" V?291,492
$235,284; excess cost over book value
stock of subsidiaries
acquired, $624,884; total, $16,273,452.'
Cleveland.
•
;
railway
Provision
$2,478.8C3 / $1,342,750
charges,
Co.
Wholly-Owned
1— o/f.V,;
railway.---
oper.
sales
Profit
$1,272,760
-
$89,075;
miscellaneous
receivables
investments (at book value not in excess of (non-current),
cost), $9,936;
intercompany items in suspense (net),- $8,869;
land, $138,448; build¬
ings. machinery and equipment
(after
reserves Tor
depreciation of
$1,349,932), $4,406,678;, equity iri real estate contracts.
$90,027; patents
and
patent- rights
(less
reserves),
$70,197;- prepaid expenses and
to
issue
an
need
(Robert) Galr Co., Die. (& Snbs.)—-Earnings---
2,326,573
258,265
insurance,
used
be
2,205,413
2 75.091
share.^
capital during
4.
1948.—V.
Quarters Ended Mar. 31—
$139,626;
of
June
'
outstanding.^4.j._..fc4»vj.2_/
accounts
PRIVATE
shortly
will
trustee, 22 William St., New York,
on
Inc.—Earnings—
operation
common
oper.
from
263.099
"
89,480
(net).....
on
receivable—secured
volume
noon
"
from
ry.
1946
•
lv
'
$519,421;
deferred
Proceeds
'Deficit.—V.
$3,478,172
a
CONSOLIDATED BALANCE
doubtful
SEC
debt already
bank
$2,209,355
-
—
tc'educting $54,000
life
the
bonds.
off
(Including
in
shares
Net
•
ASSET3—Cash
-ties <at cost),
for
with
mortgage
pay
,:.;^.96
From Jan.
Gross
:
3,153,582
expenses..
l-'1". i,
per
file
from railway^.,
$1,042,968
trom railway-^-—123,309
Net
$5,442,636 if $3,463,148
!100;323 ^'.ti ^ 15,024
^.——.'^.>.2-
(
)•
1947
3,409,241
.
Consolidated net income__._i___
Dividends paid
$1,650,115
*
•
ir/.v: ,"»•
/..-.-"t; •'• //,/;,
investments to
to
Profit of Gair Co. .Canada Ltd., £lt.
income
Earnings
For further
>
expected
__—
Net
1
and-administrative
re¬
Light Co.- -To Register Bonds with
first mortgage 4% bonds, series
sufficient to exhaust the sum of
March—
-Annual Report—
1
etc;.'>i#:,^^
Provision for U. S.
taxes
Foreign income taxes,
,
oversubscribed.
period
Net
every
for
Interest and discount allowed
.
was
Gross
being
is
range
$5,542,959
general
\;Total
110,000
The
,;..Fort Worth & Denver City Ry.—Earnings—
dis¬
company's/
amorlizationl-—268.210 /> 160,254
inccme
tuxesv :-132.420r :P 72,939
Operating profit
Other
■■
of
l-for-10 basis.
a
'After preferred
dividend-requirements.
split-up in 1946.—V. 167, p.^153.
»'■;
price
profit
Selling,
stockholders
total
a
of
'Earnings
labor—18,140.002
earned,.,
of
1586 and 1694.
pp;
&
first
to
stores
Common
phono¬
iv-v
•
351,989
and
on
102% and interest to June 7,
of
of
^-4—M $27,744,498 $19,416,210
13,130,196
direct
and
,374,579
be'ng appointed to handle'the
nation
not
the
1
Sold—The
shares out
12 Weeks Ended—
$139,353
Capehart
,r
Subs.)—Earnings—
i948
1947
1946
S30.488.809 $23,711,500
$13,797,3691
4,676,436
2,939,454)
NOT
}
1,929,574
1,146,359 f STATED I
-fS89S
-V. 167, p.
out
,
Manufacturing
it
to
amount
Divs.
was
Eaiou
pointed
(other than
Insurance
t
are
the
areas
manufacturing expense*
of
inierest;I:._IIiIIIHII!II
OF
in
Taxes
.notes
■
EARNINGS
I
$1,525,219
<
167,
is
new
and
...
$142,804
;
/ $153,157
'
Corp.—Stock
Food Fair Stores,
»•>. 66,566
<
$1,547,424
-22,205
22,815
$1,567,728
V
of
areas
selected
Years—
Depreciation
'After
$1,590,543
IIII-HZIIII~IIIIII
and
distributors
most
be
Other
.
77,652
"
'
complete
1—./
Materials
'
77,652
"
the
provide instruments
Maintenance
400,628
$1,668,195
-
interest^-Z—-II
."..I...
to
Sales
$1,653,264
$2,049,939
..381,744
$177,680
companies* applicable
E. U. A. as shown
above
Non-subsidiary income.
Balance
$16,595
Ferro Enamel Corp. (& Subs.)-
4
U. A._—
-Total
that
in
Nicholas
Calendar
835,627
544,648
Co.
Eastern Utilities Associates—
line
Number, of shares
.Earnings:of subsidiary
Expenses, taxes
$165,071
11,914
1,718,763
;V
company
Sales''
marketing of
Miscellaneous deductions
$174,367. $1,505,2^2
$202,564 " $208,181
■:
30,049
30,501
.
8,205,926
551,074
739,092
597,804
42,555/
Electric
Applicable to minority
to
i
1,155
1,430,175
$76,238
prospective-purchasers in
income group. Many 'of the new
Capehart phonograph-radios
introduced will be in the popular price
range.—V. 167, p. 251.
>
Balance
Applicable
sale
Z
.
Balancc'",-/-'--^-^—-
-Earnings-
9,553,947
requirements'—Blackstone
and
f
,r
752,870
$160,009
Pr?fep^HC0T«>--T-"dividend
Preferred
-
Z:
;
revealed
world
broadened
.
to July
HH
1948—12 Mos.—1947.
44 814
82,917
inc.*-
the
Commissions
60,308
107,769
taxes__
income'
Gas
84,643
$17,751
.
1,349
present distributors, -it-•Vv/'f;'
Z/^hV'HH./z/JI
62,393
-—
also
tributors
To Redeem Convert¬
738,929
1
accruals
for
$1,208,270 $14,321,902 $13,111,622
857,734
Utility operating inc..
Other income (net I—
Valley
ZZ-Z
$28,827
1363.
p.
Capehart
for
$1,324,423
'
interest
53,599
from
$30,176
—
5,302
;
,576,532
,906,420
2,706,958
1,529,560
77,108
*
.
par value —V.
Maintenance
Deduct,
H
3.431
$80,422/'-
396,598
8,223,916
2,974,595
Y., will until 12 o'clock
an
66,656
graph-radios and television receivers through a nation-wide
distributing
organization were announced on May 3 by E. A.
Nicholas, President,
$4,098,309
. .
.
Eastern Utilities Associates
(& Subs.)
Teripd End,
Feb.^j ;.f?r 1948—Month—1947
Gross
$12,448
495,951
V'
"
Fonda, Johnstown & Gloversville RR.—Tenders—
146,956
:
444,703
8,874,586
'
9,441,767
2,715,663
The City Bank Farmers Trust
Co.,
N.
76,000
>
1945
485,283
,605.655
incurred for the purpose.
The issue will be sold through
competitive bidding.—V. 166, p.
1889.,
$1 ,410,291
76,000
"
1946
878,645
The stock
V.
Net income after
redemption on July 1, next,
shares of $2 cumulative convertible
at $52.50 per share. HH
there will remain outstanding $374,590
,
taxes
The
Farnsworth Television & Radio Corp.—Sales
Plan—5
Plans
v,
■
wLn
ock' no Par value,
^Following this redemption,
income
/
income
167,
for
Florida Power
No.
$5,207,033
j
Power
see
SEC—;
sinking'/
he—$1,019.40,
1693,
directors have voted to
*heA 31,338 outstanding
Federal
income
$26,745
Interest charges -a-i_34,Z;:
1,821,284'
$7,231)891
619.33
stock
Eastern Steamship
Lines, Inc.
ible Preferred Stock—
;/.,\y,yj-
reserve
details
1,131,016 f "/; 907,573
158,396 > 136,864
,
1H47
1469.
p.
share.
per
1948—12 Mo*. —1947
$1,667,646
records
$2,948,328
railway—
income... '
struction
11,280
Net
Net
$8,340,620
1,108/129
——-;
preferred
vU?d "de.mPtl0n Price1.
General
terms.
Co.—Earnings—
88,465
operating income
Non-oper. income (net);
The State Street
Trust Co., trustee, Boston,
Mass.,'will until 12 o'clock
noon on May 20
receive bids for the sale to it of first
mortgage and
collateral trust
bonds, 3%% series due 1965, to an amount sufficient
to exhaust the sum
of $356,694,• at
prices not to- exceed the
Retire,
underwriting
12,914
income
.
^ Tenders of Bonds Sought—
,
The
1973.
January,
$142,589
taxes
1947
1,854,302
pref.
pr.or
Balance applicable to
6%
*
1
exceed
$19,770,772 $13,996,184
a
——_ilr
on
Earned per share of
-
due
and
and
maining 32,892 shares were taken up by the under¬
writers, headed by Kidder, Peabody & Co. and Merrill
Lynch, Pierce, Fenner & Beane upon expiration of the
offer on April 21, and publicly offered
April 23 at $13.50
104%, Competitive bidding
price
final account¬
a
796,990
shares offered them at $13
registration statement
a
$197,521
accruals
Federal
4,299,991
and debt discount
1948,—V.
SEC
why
discharged
$2,935,873
/'
1—
Florida
2/667,871
requirements
.
the
13,006
re-serve
Gross
depletion.—5,252,006
and
v.n/v
with
show
974r,621
567,896
-
oper.
167,
to
trustees
Ry.—Earnings—
railway
of
Registers With
—
1948—Month—1947
-
General
■'//I'h
taxes—4,323,844
Jepreciation
interest
ry.
week of last year.
119,3./9
Maintenance
,;,'/.■
Eastern Gas & Fuel
Associates—Earnings—
12 Months Ended
increase
an
from
Net
—V.
the
$3,367,269
income.—
oper.
from
Net
input of subsidiaries
kwh.,
defendants
992.
ry.
From Jan.
563.000
revenues
•
1948
In
Period End. Feb.—
Operating
Operation
added.
was
the
approved,
railway,.—
from railway—.;—;.
Gross
&
and
Co.
Fall River Gas Works
plant, to be adjacent to the North¬
be
be
from
$11,000,000
a
Operations of the Associated Lead & Zinc Co., the announcement
stated, will be separate and distinct from existing facilities of either
Eagle-Picher or Northwest Lead companies.,- - ' .
~
•"
Co.
the System
offering
the
Lead
$2.25
Trust Co. is the trustee. The company will
shares of newly create doemmon stock
exchange, Philadelphia Co. will turn over its
properties,• the presently outstanding
capital stock of
gas
Retire
the first unit of the
directs
157, p.
Nit
by Equitable to Philadelphia Co.
Pittsburgh & West Virginia Gas Co. The balance o7 the proceeds
go for corporate purposes.—V. 167, p. 1807.
/-''/Hi
will
J:*
was
also
not
Net
HZ;V*
the corresponding
over
6 filed
on May
Philadelphia
M.
J.
order
should
Gross
1921.
The company
"
'
,
order directing the last 39 certificate holders
an
Mnri-h—.
Light Corp.—Weekly Input—
April 29,
corporation
deliver $14 000,000
the
products.
west
$2.7U
//
'
first mortgage bonds,
proposed maximum offering price per unit is
Bowlby, President of Eagle Picher Co.,
Cincinnati, O., and Roger H. Cutting, President of the Northwest'Lead
Co. of Seattle, Wash.
The new iirm, recently incorporated in the State of
Washington, will
engage
principally in the manufacture of lead oxides and allied
Erection of
The
Equitable and other obligations owed
by
v
May 24
destroyed-—V.
$359,894
(381,964 shares)————„
covering-$14,000,000
.
the
announcement
$1,030,761
;
'
share
per
ca.Hi
Eagle-Picher Co.—New Unit Formed—
of
surplus
SEC—
and
Formation
„
^
Equitable Gas Co., Pittsburgh, Pa.
ending
year
cents
cents
trustees,
cause
,337,768
$74,922
show
why the trustees* counsel, Pitney, Hardin, Ward
& Brennan,
774 Broad Street,
Newark, N. J., should not be desig¬
nated to receive the remaining certificates for
payment, or should not
pay the balance into Chancery Court to meet any further claims.
291,986
$79,919
other
Mr. Bigelow signed
to
subscribed
share has'also been declared on
1648 to holders of record July 19,
of 25 cents
per share
was
paid
per
preceding fireal year, alter giving effect
—V.
480,000
$1,260,137
12,222
1363.
p.
the
this
will
are
17,461
$79,357
3,502
—
per
11.575.000
ihe
''
payable July 31,
each dividend
dividends
1948,
as
409,032
fiscal
li48.
total
May 31,
»n
cash,
of
stock,
.1,121
484.660
$87,145
dividend
167,
For
issuing
previous
30,
'■
and
300,000
3,333
$1,264,042
1,120
deductions
Earnings
—V.
23,
to
current
-
dividend
243,670
278
■
'
»
A
•
32.43 7
'
$83,643
(net)-
Balance applicable
fractional shares, payment
market value on May 17, 1948, oi such
the
of
directors
1948.
17,
already
the
stock
common
record
31.
in
made
^'actions.
the
that
5
May
dividends
1.664JJ53
'
Florida East Coast
41,649
1,486,037
on
on
of
smck
•
1586.
announced
was
278
36,000
Electric Power &
It
320.000 -v
73,164
24,027
(The) Duplan Corp.—Declares Stock & Cash Divs.-—
•
278,740
44,648
income
Preferred
railway
it from railwayat ry. oper. income...
1,973,801
34,946
25,000
.
.
.
165.900
ing
62,733
from
<-
Payment of all but $4,753 of $222,299 due certificate holders of the
Fidelity Liquidating Trust, which sold real estate assets of the defupct
Fidelity Title- & Mortgage Guaranty Co. of Rldgewood, N; J„ was re¬
ported to Vice Chancellor Bigelow on April 19 by Edgar; <3. Whadlcss
$4,174,706
24,912
franchise
income
Gross
♦
1945
112,315
income...
'Deficit.—V.
204,515
.
-Earnings—
1947
,-From Jan. 1—
.063
$4,800,679
Utility operating inc.. J,
Other
1947—12 Mos.—1946
$355,378
'
„
taxes
Federal
Monday, May 10, 1948
Fidelity Liquidating Trust (N. J.)—Trustees Report—
1947—Month—194S
26,667
—/—..
JL;.—
Amortiz.- of
235,757
CHRONICLE
$420,662
ievenues
Maintenance
168,162
1948
oper.
284,625
Shore & Atlantic Ry.
railway
railway..
from
3,637
1586.
front
ry.
Operating
12.372
130,175
1G7, p.
Duluth South
vt
8,037
'5,288
217,289
rMareh—
et
56,183
29,024
502,191
income
oper,
'Deficit.—V.
r038
$90,378
FINANCIAL
Co.-^Earnings—
Period End. Dec. 31—
-
$99,681
&
Depreciation
railway..
from railway
et
$129,314
-
1945
1—
Irom
rocs
1946
44,294
oper.
From
El Paso Electric
1947
$175,399
«
COMMERCIAL
construction
be
•
-
/Au duplicate
..announced
in
of
will
be
4800-hp
and,
now
locomotive gas turbine Hirst publicly
undergoing tests, the 8500-kw turbine
set was purchased, by the Oklahoma Gas 4n Electric Co, It
installed at the Arthur S. Huey station, Oklahoma
City.—
"
1
...I. 1
generator
V.
the
March
167, p. 1587.
•
Volume 167
Number 4697.
THE" COMMERCIAL
FINANCIAL -CHRONICLE
&
:
~
General Public "Service
The
total
assets
net
value
March
on,
31,
CALENDAR
"CONSOLIDATED 'INCOME STATEMENT FOR
Corp..—-Quarterly Report—
market
at
'
1948,
'
•
'
*/*:
*
were
'' 1947
'
Gross sales (less returns)
$4,574,598. After deducting the bank loan outstanding in-the amount
$1,530,000/ the balance of assets was equal to $270.40 per share
EARNINGS
FOR
*
."
-
-
QUARTER
v::>1
'
/
Revenue
Total income— 1
Total general expenses,
for Federal
Interest
'
'
i
1946
.
$47,796
—
-
■
-
2,885
Total
income
taxes'
16,753
15,905
"
'/.
'
___
■"
.555'
.=
u._,—•
j.1
500
-
t
March—
:
taxes
12,202
323,301
129,285
29,211
$842,195
$567,164
—:
ry.
$180,431
.
(excl.
gains or losses
investments).
on
$15,686
$20,753
,
_
Period—
Gross
$14,757
Week End. April 21
1948
1247
Dividends -declared:
v-$6 div. pfcl stk. ($1.50 per share)
$5.50 dividends
preferred
stock
($1.37%
7,991
-
118
Operating
118
revenues,-—
6,603
6,603
»
Week End. April
Operating
MARCH .31, 1948 /
.
''
•
—V.
..
,
plywood
$725,833
LtABiLITlES-^-Accounts payable, $1,095; provision for taxes, $16,799;
interest accrued on bank loan; $4,023 ; 2%% bank'loan (maturing in
Export
freight,
charges,
$720,747
$685,383
Other-
—V.
^
/
General
Refractories
Planned-*-
CO.—Loan
'
a
for
source
have
not
yet been defnilely determined.
This was
revealed by Floyd L. Greene, President, to stockholders at the annual
meeting in answer to a question about the company's dividend policy.
> Mr.
Greene
said the company's dividend has been conservative,
largely because it has been plowing money back into plants and
continues to require cash for plant improvements.
': Except for small amounts of notes payable and $900,000 of 3(4%
promissory notes due Jan. 1, 1957, (he company had no funded debt or
bank loans outstanding on March 31, 1948.
;
?
;
■
Period End.
Net
Mar, 31-—; /
profit
No. of capital shares.
Earned per share—/—
,
;/. ; »After, depreciation,
Federal income
depletion,
taxes,
£-V.-166; p. 2209./ ;/ /'<>,1/ - c -'..
/ /;/;
.
less,;U.
Its
large
of
common
stockholders,
Locomotive; Works,
General
Steel
and
Foundries
American
Steel
following
the
changes
in
elected
as
directors of General Steel Castings Corp,,
President,
and
Charles
American
L,
Steel
Heater
and
,
C.
<r',. ■)
Parts
Co.,
Atlanta,
order.
share.
Of the above shares 50,000
to
garages;
repairmen,
bus and truck lines end other
warehouses, 29 jobbing stores and
Five
directly
operated
by
the
consumers,
parts
one
The
company.
dealers,
/
car
;
.
-
earnings
fff/'i.
*/,.•
areas
/
served
by
500,000 shs,
names,
the several
\
'
■'
of
to ibe
-
!-.*i tf
;
;
;
?
..
!■
)
Shares Purchased From
!
-i
-
-
Company Stockholders
31,333
Cot)rts^&lCo,j|^.-iv^—: 15,667'
Harrijpai^ Ripley, & Co^—
>
14,000
28,000
,
W.
E. Hutton & Co.——'
./A
3,667
Clement A. Evans & Co.,
R. S. Dick«on & Co._.
r__
Robinson-Humphrey Co.——r__
Johnson/Lane, Space Ss Co., Lie.—,
u——
Brooke, Tindall & Co
Hancock, Blackstock
Co.
/■
——
5,334
2,333
4,667
1,667
3,333
2,667
1,333
-
•'
1,000
/
''t-
Uf ■*-&
-
.
'667
1
Alester
'
1.000-
Vflrnedoe. -CJlfeholrh1 &r.' Cd.,' Inei/JiiiL-/^/„-_-!
it*"'
2,000
1,000
-
'-('1,000
W&mtd} Labeuisse, Friedrlchk &
J. H. Hilsman & Co., Inc.^_:
McCarley &-
iirtaiiO
6,667
2.666
The
1 067-
•
i
i
7,333.
Inc.—3.333
:
p.
-.i>+; *
2,000
(2,00 0
2,000
1,333
1:333/
.■ki
•«*/
announced
that
this
154.
Granite City Steel
Sales
(net)
sales,
of
Cost
selling,
administrative
Depreciation
:
,
Interest, charges
for
.12
.03
.055
.
.005
.06
^
(Including Alton RR.)
'
•
1948
l-/j/
//,■
—i.
.
1947
544,013
-
1946
:
$6,111,454
,1,511,352
$6,151,938
*280,788
♦944,440
■■:■//'/.,it
•
■
^
19,179,859
17,383,264
4,353,557
incoine
oper.
bonds
4,234,240
1,408,749
1,565,007
/
16,594;485:
1,984,153
♦ 1 L4;539
/V, /
1587.
.
1,782,100
103,852
—V.
;
Z)r$428,374
6,213
$640,581
3,597
$1,606,200
$653,179 Dr$422,161
21.884
170,000
an
be
issued
,
under
secured
and
hy Gulf's present
on
T
i
k
May 4 received permission from the SEC to issue
shares (no par) common stock at $9Q a
additional 13,811
The company
would use the proceeds for construction/
1587.
167, p.
Havana
;
a dividend of 10 cents per share on
May 25 to holders of record May 14/ A
made on Feb. 27, last, while in. 1947 dividends
15 cents each were made on Jan. 20, June 2 and Oct. 15.—V. 167,
directors ' have, declared
The
of
p.
'
,
Lithographing Co.—To Pay 10-Cent Dividend
common
stock, payable
similar payment
6,812
30,131
.
63,000
'
.
746.
was
/;.
•
-z
•; / ■■
-
^^.-v
Haverhill Gas Light Co.- -Earnings—
$812,097''
.382,488
.
outstanding--/—--
$398,295
.
-
♦$459,103
-
.
382.488
382,488
/
%
(W. T.) Grant Co.—April Sales Decreased.
9.3%—
;
Period End. Apr, 30—
1948—Month—1947 :
1948—4 Mos.M-1947
.Sale3—
-——$16,960,273 $18,706,375 $60,684,422 $57,731,568
revenues
—Z
—
$104,606
79,082
$77,194
$964,435
54,331
712,320
$825,442
555,971
5,813
4,807
69,126
.52,015
Maintenance
Retirement reserve' accruals
-
/
i-—
v:
Graysbn-Robinson Stores, Inc*—April Sales—
Great Lakes Industries, Inc.—New Name,;Etc.—,
^ .See pireat L$kje$ Plating Co. below,
.
•
.
■v'k-//':i'
,,
J
'•;/•>/ ../
Great Lakes Plating: Co*—Name Changed, Etc.—
The stockholders on' April 7 approved 4 proposal to change the
of this company to Great Lakes Industries, Inc.
T. M. Drever,
President, stated that this change was made in view of the recent
acquisition of Chicago Watchclock Corp., a wholly owned subsidiary,
and the possibility of future acquisitions.»
:
v
,
:
H. W. Peters has been> elected Vice-President of the Chicagd Watchdock Division;
John Commers, Vice-President of the Great Lakes
Plating Divisiph; J. ,S.. Dempsey, Treasurer off the , company;' A. J,
Pavlis, Treasurer of the.,two divisions;.and R.;H, Melchert, CompOf the two divisioriiSj—V. 166,
1150.
"
• /
name
.
■
:
:
2,917
7,295
35,000
81,089
.30,030;
35,000
74,626
i
7,646
Federal Income taxes-
3,609
Income-.:-;/
Non-ofier. income (net)-,
$5,538
$5,307
$36,869
2'522
480
35,559
$8,060
$5,787
$72,428;. r
.//651.-
$94:388
$5,787
$71,776
$94,016
2,538,
438,76l
—
Net
; 1
f
Period End; Apr: 30— '
1948—Month—1947
1948—4 Mosl—1947;
'Sales-L/i/-_•/!■
$5,991,625/ $4,754,268 $20,493,149 $14,f04,8?l
—v/167, p. 1922, ;; ■';/
,k -" -;y -,
..V' ' ;
;.
'
''.,/; -./i..,
2;9I7
General 'taxes,
.
167, P.. 1694,1
1948—12 Mos.—1947
1948- -Month—1947
Period End. Feb. 29—
Operating
Operation
$i;04 " r
Nil
shaw-J//_///-^//--/'V/';; ' $2.12
;*
Deficit.-—V/167,; p. 1469/
*:J.';■
■://>./ ■$' v--, j;-/,; //,; -.
Earnings1'per1
:
As owner of Id,085 of the 27,662 Shares of Harrisburg Gas out¬
standing common, the United Gas Improvement Co. will purchase, its
proportionate share at the rate of one new share for each two shares
held.
United Gas also proposes to purchase any unsubscribed shares,
$1,457,577
$1,586,733
/
19,462
■
to
are
company
share.
—
LLii34,526
107,577'
Federal income tax^/ 652,000
-Net' profit'
Common shares
'
■
Bonds Privately-^The SEC
April 22 approved company's proposal to issue and
The
1946
1947
,
-Special charges
Provision
,07
Harrisburg Gas Co.—Financing Approved—
following
'^4///'//■//'v:
the
•'
'/^
taking down Ihe- cash which will be deposited with the trustee by Gulf
upon the contemplated sale of Gulfs
gas properties in, Pensaeola.
Fla./and environs, to the city of Pensaeola. ,
/ t -i /:.
Gulf will1 Use the proceeds from thfe contemplated sale of Its gas
Utility, properties (estimated at $1,900,000/ including/clcslhg adjust¬
ments) plus the, proceeds from the proposed sale of new bonds: to
provide a pbrtion of the funds required for* the .construction
acquisition of permanent improvements, extensions and additions-to
its property/or to reimburse its treasury in part for expenditures made
for such purposes and to pay notes evidencing moneys borrowed .for
such purposes.-r-V. 167, p. 1587.
>
^
$1.28
—/l—$7,691,171
$6,935,175
and
,/. ,\7..
■■;;
5,821.240 4 6,026,802
—-—-—283,193
258,791
Total. ihcome ■'•
.07/"*"!
.11 '
: .14.
.12"
-
-
mortgage dated Sept. l, 1941, as supplemented: Dull also proposed) to
Issue approximately $1,750,000 of first mortgage bonds, pursuant toils
present mortgage Indenture as supplemented, and tb deposit such
bonds with the trustee thereuiider for cancellation, for the purpose pi
;
1948.
Income
.14
.03
♦Deficit.—V. 167r p.
has been liquidated,
Co.—Earnings—
Operating income
Miscellaneous
•
.11
.11
.07
Net' from railway.^
Net ry.
1948 Includes
general
expenses
.06
—
from/riiilway—
Gross
v/v1;
payment ki April of $4 per share.—V. 160, p. 1862.
3 Months Ended March 31—
:/_'
'
From Jan.
Liquidating Div. of $4—
company
.11
■/ .24 r
.08/
■
'
350,000 shs.
the
' '
.t,.-.'
Co.—V. 167,
.06
,06
irom
and sell
—V.
purchased by each, underwriter' from
company and from the selling stockholders are as follows:
r
shares
Ton!
.005
$1,000,000 first mortgage bonds,, 3%% series, due
1978, to be dated April 1, 1948, at private sale to insti¬
and interest. ; /
•
$1.65
the
the
of
It.is
the
/
/
rebuilding plant
underwriters and
(number
The
.08
.055
railway,,.,—$6,537,605
Net from railway..—
; 1,502,092
Net ry. oper. Income——
559,036
$2,904,663
■f
$10.32
$13.02
share of "common stock
Gilmer Co.—Pays
.' Authorized,Outstanding;.;
„
Cpmm6i^ stock ($5 • pajr)
/», UNDERWRITERS-^-Tbe:
of
,16
.03
^06
<
-
1
'
NOTE—Net income for the 3 months ended March. 31,
^CAPITALIZATION GIVING EFFECT! TO PRESENT FINANCING
-
'/
share of preference stock—
fleet
include all or- a substantial part of Georgia, Alabama,
Mississippi, Louisiana, Arkansas, Tennessee, North Carolina, South
Carolina/New York, New Jersey and Cbnnfectlcut/ 'During 1946 and
1947 approximately 81% of the sales have been through warehouses
cr, 'Jobbing stores
in the Southern States named, and approximately
J9;%r
jfh the. New York, New Jersey and Connecticut area,
' ;
^FtJRPOSE^-Or the 150,000 shares offered 50,000 shares are new and
the. proceeds, (estimated at $481,965) are to be used for the specific
purpose- ^of .redeeming
the- nrescnt $67,400 debentures and retiring
/thje;curjreni/r$400,000 bank indebtedness, any remainder to be used for
working capital. The-entire net proceeds from the block of 100,000
shares of previously issued-.stock will inure
solely to the selling stockI\olders/r;vv:./'■>/
./.v.,.;.'/■
,r.v•••■/■r /-:/?;
-
"
$3,663,716
earned per
44
.03
equipment—
stock
March—
Grosi
2,452,051
2,713,674
taxes
Amount
.14
,
.
1947
Amount earned per
.05,
.14
,
•
,126,793
,/,
.07
.20.;
^ Gulf Mobile & Ohio RR.—Earnings—
$5,483,506
:/'■/.
,23,
sell
1948
.
.
operations-—-
•"
.19
.05
tutional investors at 99^ %
$6,569,037.
:
.05
.18
NOTE—By "regular dividend" is meant dividends from net invest¬
income/ "Extra" dividends represent distribution from accumu¬
lated, undistributed net profits.—V. 167, P* 650.
/
/•/'";/
'.
I
"
•'
"i
':"1T
-Earnings—
/
.14
.10
.07
The
.
.20
.10
ment
/:>'■
;
.10
.02
—.09
—
,,
is;
.17/
<
"
Gulf Power Co.—To Sell
,
company
-
,
.17
.03
,.07
Tobacco /.^——.
*
operators,
are
pottiblt.
.21
.18-
.03
.07
Steel.
Foreign and, domestic income and excess profits
< HISTORY & BUSINESS—Company
was incorporated in Georgia in
April, 1928.
Since' that year the company has engaged in the busi¬
ness
of
distributing at wholesale automotive parts and supplies.
From strategically located warehouses the
company supplies through
jobbers (some of which are its own jobbing stores) parts for all
domestic makes and models of motor vehicles.
Through these Jobbers
distributed
at
.16
.20
•'
■
Railroad
ac¬
1/ 1948,
.26
.08
Utilities—
April
.14 /-
.
.10
•
.10
.
bond
Railroad
.16
.0J
company
Railroad
.14
.26
.09
,10
priced
Petroleum
1948
I)eprfieiat;on^ii:if^-———191';647;
'.Profit :.from
;
parts, are
Low
"
:
machinery,-
Merchandising
Mining
mtchmnicml
;:/v-3 Months Ended March .31—
are being sold to the underwriters by
company.
The remaining 100,000 shares
are
outstanding and
being sold to the underwriters by the selling stockholders.
/ '
///
Trust Co. of Georgia is transfer agent and Citizens & Southern
National Bank Is registrar. ■
■
:/./•/'
■/'/••>
■/,/'"
the
/
.20
.04
long-term, debt,
$1,959,265;
.20
.07
.09
administered—.
Investing
$636,171;
payable,
.09
.13
—
;
.08-
.04
arrange
/1 Gillette Safety Razor Co.
the
;
to
petition
Ga^—Stock, Offered—
per
f
notes
.08
16
.16
on
Courts & Co., Atlanta, Ga., and associates, on May 4 of-/
fared 150,000 shares of common stock (par $5) at $11
;
1807.
/;
facturing, succeeding Arthur R. Allard, resigned.—V. 167, p. 1469,
Geuulne
p.
.03
$0.18
-
.17
rtatont
it it ntt mlwyt
eompanitt in exact alphabetical
However, they are alwaye ae near alphabetical
NOTE—-For
Jarchow,
,
/Charles A. Ackar and John D- Tyson, Vice-Presidents of The Baldwin;
Works, were elected as directors of General Steel Castings
Corp., replacing Charles E. Brinley, Chairman of the board, and Ralph
Kelly-, President, of The Baldwin Locomotive Works, respectively;
Harry E. Thiele has been elected Vice-President in charge of manu¬
■
of
dividends,, payable
current
.03
,
$0.02
.16
.10
lla^Jiities„»$593,407; provision,j)for taxes; on income,
Treasury motes,, tax series C,
pottiblt
Locomotive
>
S.
maturities
.
$0.16
.08.
.03
Institutional bond
cash in^scrow
$3,056,313;
,03
.11
replacing Thomas
Charles
Foundries.
hand,
on
$0.09
.02
The
Castings
Vice-Presidents -of
and
total, '$16,671,225.—V.' 167,
Corp.'s board were made at the annual
meeting of stockholders, of that corporation, held on M$y 5:
.Ralph D. Brizzolara and James Suttie,/Vice-Presidents of American
Steel. Foundries,
and Joseph B. Lanterman, its Comptroller,
were
Drever,
banks
$852/295;
accrued
personnel
the
in
—Total for 1st 6 Mos,—
Regular Extra
Total
Total
$0.01
.02
capi¬
MARCH 3l,
Extra
boar-
V
/
.08
'/■"
SHEET,
:
—
/_/——w
Industrial
preferred
—For Second Quarter—
,
shareholder
(if the
bond i.—.09
$2,026,329; minority interest in subsidiary companies, $4,143,149; $2.25
cumulative preferred stock
(30.000 shares),. $450,000; $1 cumulative
Convertible' stock (100,000 shares), $2,000,000; common stock (265,000
shares), $265,^00; capital surplus, $734,209; earned surplus, $2,766,126;.
In reference to the request of the Department of Justice for elimina¬
tion of interlocking directorates between this corporation and. two of
Baldwin
shares^-present
——
on
BALANCE
LIABILITIES—Current
/General Steel Castings Corp.^-New Directors, Etc.—
'
share,,
dividends
for
>
General
subsidiary companies in excess of net book value thereof at date of
acquisition; less reserve for amortization), $1,413,921; total, $16,671,225:.
payable,
1948—3 Mos.—1947
Fully
dividend payments (contra), $240,275; U, S. Govt, bonds, $5,812;
receivable, less reserves, $2,985,113; inventories; $3,578,417;
prepaid expenses, $139,684; non-current receivables and investments,
$691,392; total fixed assets,
$4,542,350; deferred charges, $17,94*;
goodwill (representing excess of purchase price of common stock of
counts
67,24/
$7,317,493 $20,698,970 $19,261,0l>
"
.07
$1.0/
accounts
interest, etc.
■
V:
1948—Month—1947
.13
$322,379
$3.21
'/
$240,275;
132,385
13,420
Chemical
for
1948—3 Mos.—1947
1948—12 Mos.—1947
$8,943,908
$7,418,020 $33,801,033 $24,838,501
748,655
598,060
2,666,787 '1,569,959
470,283 /
469,713 ,
470.283
, 469,713
$1.59 f/ / J; $1.27 ■„ $5.67/'' ■ $3.34
sales——
*Net
provision
ASSETS—Cash
EARNINGS FOR THREE AND TWELVE MONTHS ENDED MARCH 31
/ '
704,093
184,56.,
95,675
Electrical equipment
Food
$889,216
,.profit: ^1.+.—*——^4—
CONSOLIDATED
.
-
Building/
205,215
The
first quarter aft 1948
resulted in record sales volume and,
likewise,, record net profits. This increased volume is attributable in
a
large degree to the expanded activities of the company;in plywood
production and distr bution through its acquisition of the controlling
interest
in
additional Pacific
Coast manufacturing facilities. • This
acquisition was accomplished Oh Jan. 15,1948, and operating benefits
from such purchases were evidenced to some degree through February,
but to a much large degree in the month of March when the aggregate
tales volume exceeded that of any previous month,
/
■
^
/;
\
750,109
215,353
694,343
392,312
$7,007,007
Aviation
$527,594
849,977
395,435
—
talization.
-
•//* The company Js considering a new 15-year loan for its plant im¬
provement and modernization program, but thg size of the borrowing
and. the
$2,134,678
Net
Improvement
>/'
,V
1
;
916,780
167, p. 1587.
Automobile
Cr6,581
__---u—i-
'Balance..
♦After
10.9,%, over the corresponding week of last year.—V. 167, p. 1922.
20,157
Regular
Agricultural$0.08'
420,821
for taxes on .-Income—.a——2—/
Minority interest in subsidiary company—/a.—
Provision
Corp.—Weekly Output—
♦12,667
corporation hm¥ beeh declared payable May 29, 1948 tb
of record May 13, 1948, at the regular dividend
meeting
of directors held, on April 26:
$941;834
—
*Net profit per common
General Public Utilities
62.23C
53,619
Group Seeurities^ Inc.—Second Quarter Dividends :
The, following dividends oh the vairrous classes Of shares of
fchlr
„
The electric output of this corporation for. the -week ended April 30,
1948. amounted to 144,312,415 kwh„ an increase of 14,248,310 kwh., or
1945
$249,243
28,370
'
Sales
1947
$5,032,408
394,815
3,695,759
1948
—
allow/
and
discounts
$3,171,703 /
„——_—
1,017,311
general : and administrative expenses-,
19,714
expense
1—/—' ■/,
Gross profit
Selling,
.,
1946
$240,931
.
railway—
oper^liicome—-
/
quarterly, instalments of $50,000 to Nov.- 23, 1955), $1,550,000; out¬
standing; $6 (cum.r dividend series preferred stock (4,529 shares
no par value), $452,900; $5.50
(cum.) dividend series preferred stock
Z86 - ho par/shareai,
$3*60u;
$4
(cum;) dividend convertible series
preferred, stock (6,60.3 no. par shares), $660,300; common stock ($10
par
value), $70,290/ capital surplus,
$1,098,858; undistributed
net
income (since Jan. 1, 1932), $64,704; realized net gain on investments
(since Jan, 1, 1932), $108,425; $3 dividend preferred stock purchased
for retirement (35 shares-at'cottIV Dr$3,456; total, $4.032,544.-—V. 167,
p. 745.
-,r/
1947
$281,650
99,417
(H. L.) Green Co., Inc.—April Sales increased 4.2%—
1947
$10,558,183
252,159
cost'of- saiesUi—•• '7,134,321
?
476,614
101,797
1
railway
from
Per;od End. Apr. 39—
1948
& Lumber Co. (& Subs.)—
Quarter Ended March 31—Bales
''
/
,
GeOEg^a^afeific
'ASSETS—iCash, $389,933; dividends receivable/ $19,675; investments
securities, $3,621,122; prepaid insurance, $664; office equipment
flew aliowaner for depredation), $1,150; total,
$4,p3^44r
•
/;'/
1
-Earnings—
1948
167, p. 1922.
*
In
'756,704
♦Deficit.—V* 167, pi- 1469,
Jan. 1 to April 14
14
$45,650
$33,640
revenues^—
April 2|
$768,483
^
9,822,907
4,009,927
1947
* 1947
1948
stock
BALANCE SHEET,
.U
4,171,372
From Jan.. 1—
Net ry.
1948
$40,450
$46,080
Period—
share)—!
per
$4 dividend conv. preferred
($1.00 per share)—
,
6,741
Jan. 1 to
'.
36,726,636' 42,375,201
37,688,565
4,641,304
$324,335
115,052
49,221
from
Gross Tront
4
3,1
167, p. 1537.
railway
Net from railway—
Net ry. opcr. income-^-
,
,
railway——
oper:, income-^
March—
Georgia & Florida RR.—Operating Revenues—
■,';
43,034,497
5,719,796
"406,867-
Green Bay & Western RR.-
14,379
63,207
♦1,108,052
150,933
*
railway-—'
♦Deficit^—VI
.
Net
Net 'income
214,954.
1946
,
from
$547,323
650,060
-
profit
—/—'
167, p. 1469.
-V:
from
Net
4,500
,
income
on
Gros3
1947
1,476,432
oper. income—
ry.
Prom Jan. 1—
$542,824
6,893
$1,636,114
14,573
24,305
L,
Income
lor
Net
.
Net
$1,629,221
$1,097,264
1948
1,990^901
S27^r~S£!*!r-T-V
Net from railway-.—-,/
.
Net
747
764'
10,840
9.816
"
Other deductions—-—:
$44,110
.
.
-/j.—
./
$1,121,573
32,613
test.),,,,
42j,044
Minority interest id profits of subs., .
92,757
-
1,013
,
$44,049
16,672
,
//»--_——-
profit
Other income
Prov:
—
,
Gross
$36,366.
3,848
./j,
hank 'loan,,,,,,,.
on
'
.
3,566
//
c
-
Selling, admin; & gen. expenses.
31
$40,482
.
^
options,.,,,^
\
Provision
.
i—^
from, lapsed
■pther. taxes
$47,796.
:
$18,042,676 $18,641,296 $11,023,780
13,509,252 -13,880,033
8,329,432
»3,417,148
3,122,345
2,147,842
; -t
19,010
.9,696
3.081
Bad debt expense tncc)„__.,„—
1947
1948
■
Cash dividends on stock,
Taxable stock dividends—..
Interest
MARCH
ENDED
-Net 'sales
:•
Cost of goods sold
'
;Northern^RytA—Earning0—r;//'/;/ .'ii'
-'"1945"'
'
of
preferred stocks After a further deduction of the preferred stock
at $100 per share, the remaining assets were equal to $2.71
per. share
of common stock on March, 31, 1948,
At. Dec. 31, 194?, the .asset
Value'lor the Common Uock was $2.73' pbr share/
'••
/'•'
■—
■
-YEARS
'"'1946-
$13,531,471 $19,237,290 $11,355,632
.488,795 ?'
595,993
. 331,851
/.
discountsi_/l;-.i_/.i.
Allowances and
of
'
oper.
'
income5'.
Gross
Interest
Net
$69,088
25^20
••j .*■'>"
—/
7
'/l-—:—
$8,053
charges
income
•
/r+r
r~V, 167, p. 746.
;
Hawick Pulp & Paper Co. — Securities Placed Pri^
vately—Blyth & Co., Inc. announced May 4 the sale of
$4,000,000 mortgage sinking fund 4% bonds privately to
an
institution.
Bonds are dated March 1, 1948 and
mature March 1, 1961*
/V'•?/£
privately ; of
shkres (being'approximately ,04% fof the
does
Blyth & Co.- Inc. also announced; the1 sale
183,072
common
200,000 shares outstanding) . The latter transaction
not represent hew ^financing fot': the compery
!v.!167, p.) 1257.
•
■
,
rn.i
€
(2030)
THE
Hermann
Manufacturing Co., Lancaster, O.—Files with
COMMERCIAL
the
amount
paid
SEC—
The
for
April 26 filed
company on
$250,000
5%
writer, The
outstanding
capital.
letter of notification
a
with
first
Period End. Feb. 29—
Gross
from
rev.
$745,415
330,845
with
have
Mos.~1947
' ' 1948—2
$394,273
made
636,e43
*
Net
revenue
several
to
Total
Deductions
$63,423
$108,770
2,386
6,467
4,787
$60,441
_______
z
$65,813
73,775
—-
$115,237
64,097
147,901
by the
stock
On
directors
of
amount
45
April
8,
-
per
in
the
amounts
names:'
under
underwriting
an
which
such
set
shares
re*"
on
New
stock
be
1588.
p,
v.
No. of
:
"
'
No. of
.
Shares
'
14.500
^ Sutro &
'-v."
•
Shares
Co.
1948—Month—1947
$1,083,859- $1,264,115
Railway
2,500
oper.
revenues
Net
3,000
•
Internationa! Rys. of Centra!
America—Earnings—
Period End. Mar. 31—
'
-
3,000
Freres & Co.__.__v.
14,500Whiting, Weeks & Stubbs..
Wegener & Daly, Inc,^._ 10,000
J. J. B. Hilliard & Son...
Kidder, Peabody Si Co;..._' 7,000 J' Boettcher and
Company..
A. G. Becker & Co. Inc...
6,COO
Brush, Siocumb & Co;....
Central Republic Co. (Inc.)
#000
Wm. P, Harper & Son h
Bosworth, Sullivan & Co...
5,000.
Company
134,125
The
of
their
each share of record at the close of
May 14, 1948.
j
York Stock
Exchange on May 4 directed that the common
not quoted ex said
distribution until further notice.—V.
167,'
business
agree*
underwriters
coippany the 150,000
forth
below opposite
from
ry.
oper."
for
fxd.
rev.
Income
2,000
avail,
,158,047
'<
charges
2,000
Net
revenue
*$13,334
$1,716
•Loss.—V. 167, p. 950.
Houston
;
Brazos
&
*$32,664
■'
>
-
"
iron
__
From
Gross
Jan.
from
railway
—
Net from railway
railway operating
167,
86,791
61,393
443,662
J.
266,234
,L
___
income..,—-
252,479
158,784
_
174,203
•
Power
Co.—Common
-
Stock
—V,
^
4
the common stock.
of
estimated
at
Net
ties, including the
repayment
company
for
interim
full
in
of
short-term bank
financing of
ctruction.
such
facilities
Of the short-term
^
200,000
each
were
Guaranty
Trust
borrowed
from
Bank of
bank
loans
borrowed
Co.
of
Idaho
aggregating
from
New
First
Bankers
York,
^.nd
Nations^
Idaho, Boise.
of
sums
Bank,
Boise
ansd
>
\
COMPANY—Company
Firsf
as
do
is
d
energy.;
i&"®m®P extent
to
retail
at
residential,
wholesale to
farm,
3
GIVING
EFFECT
>
TO
of
1973
industrial
f
due
1978_z;___LL-z_v/Vw__
'
cumul.
.<•
I-
'
.
($100
par
] +10
lT
:.
value),.
'
Canadian
*
J!fltm?rtgage
$100,000,000
r
(or
such
T^r/wieinn®^PP ®Jh®tR®l indenture)
S
l th® mortgage,
sn!i
bonds issuable Is
other
maximum
ft,
°t.
company dated Oct.
29,
comnanv
nn
Rn
WwpL!
10 000 nf
J,nh 1
additional n/ e.iiif
wherehv
i
n
„
chaS wLlt'Sn J
k
wpfi
SSL
nfhflfr
<ao
dividends
S?nff 'Thl Liteduction
oja
July
(See V.
166, p,
hares ot such preferred stock for
affpr HeH
accr"ed dlvidends. The
comnanv
8
may
be
sale
cove
1948
of .expenses
of
by the
178,8).
prospectus
•
,
Oct,
aggregate
net
pfocleds
such
OF
sum
to
of
$10,084,497
retir.
res.
Net
income
oper.
Other
taxes....
"
T946
'
'
$7 957 770
791,107 "
573 279
398 95?
858,000
798 OO0
774 000
1,481,076
1,305,206
1,229 340
revenues...
income
(net)____
117,600
rPX?dti Ctlargu8
Total, fixed
——
charges
-----
Pfd.. s.ock
dividends
lT^OOO
$2,519,634
18,303
18,277
DrtSSton?CXr"ttan J2'658'264
<rn
fts
its
datps
commnn
common
187,588
^
174,237
were
soid
$2 341 873
'782
-
$2,342.6S5
169 095
513,675
487,815
$7,253,086
than
2,724,607'
.
of
$2,192,061
$3,190,299
sell
the
reserve
180?,
o.
the
P.
S.
to
Imperial's;
of
property.—V.
taxes......
The
$8.4o8,544
Net
Hospital,
old.—V.-167,
years
4,899,315
the
1588.
share
Quarter Endecf March 31—
1947,
board,
after
died
April
25
<
He
-
of
~JN et,
;>
(& Sub.)
*
'1948
,
Net
sales and revenues' (less
cost of
sold and other
expenses)..
Frov. for dept. of
plants and
Prov.
for
amort,
in respect of
in Dalton Ore Co
•vestment
taxes
555,174
U:
■;
President, at
April
27
stated:
and
the
production
in
the
annual
quartet
capacity
of
would
1948." •'He
be
further
June
at
a
income
■:
$1,967,852
$1,836,693
413,166
$1,636,600
$1,625,589
441,666
400,000
full
itt
43,679,784
266,446
238,014
$2,402,262
120,924
$2,432,150
:
$2,523,186
$1,427,016
525,208
stock/^
L
:
BALANCE
$4.62
SHEET
AS
AT
31
banksL.__L__.L
1947'
$1,353,913
assets
_____—
$1,027,676";
L
90,291 *
1,559,090
396,586
8,535,191
_•
.
2,429,862
,
:
(less
reserves)
equipment,
ilL
etc.
,
161,635
1,238,244
,
74,214 L
489,897
*
1
*
$2,450,797Li $1,577,837
interest and expenses.——. 897,927
1,093,903
taxes
on
income.—../..
taxes.
:
.
,
629,101
322,130
*
-
96,841
-
•
L
1,580.252
.
? 1,915,949
uu.L__L_—5,842,212
;>•:,'■ :'vLL:;:-L
'
•'
T;)
1,915.949
5,033,088 ^
-
,
5 Totai' LL-L^-L___LL.L..Lw'/L——--_L:L—$15,929,500
v"
1,580.252
•LL__'4-.---'iV-rL--L-*'..
LLlLLLLlLLL-^/
■
j
(outstanding
—
'
'
50,000
2,100,000
.
one year
V
*
L
Notes payable—banks,; due Aug/ 27,:
1955_L-;-~4' :" 1,900.000
Common stock—without par value
shares)
Capital surplus ...LL___i_
•-
-1''/L..L/'L:L/L';vL.; •
■/
"324,954;'L/vL JL/v-
—; 391.132
303,946
'
_
.
383,872
9,228,155.
5
159,107
1,772,712
53.7,408
Federal
v
com-5
$4.56
JAN,
1948
>
$15,929,500 $13,772,824
5Accrued
com-?
.'
$1,410,069
617,892
_...—_.—.......
66,471
meeting// Earned surplus
the
'
•
Sundry Other liabilities——
.Mortgage payable-i-due within
"the
63,117"
■
-961,COO
1,050,000
/•;?/"■"'/•/' y'"'
,
.
that
?
31
194T
-
S/Treasuiy Savings Notes—Series C' (at cost,
Other accrued
increased-by
JAN.
•
;
L
-j-
$13,772,824
of a new addition to
'■'After resetves of $284,039 in 1948 and $212,955 'in 1947,-. tAfteri
the
Poughkeepsie; N/ Y, plaht-Lv
will add 210,000
square feet of floor
reserves
of $3,500
in
1948 and $3,883 in
1947.-? iAfter reserve
space and 1,200
The company how has
employees../
for„ *
amortization of $131,411 in. 1948 and $122,315 in 1947.
21,233 employees,' of whom
/Hter reserve
17,718 are in the *.'
United States and Canada..
<
for depreciation of $664,339 in 1948 and
•/?
/ ! ■
$623,923 in 1947 and reserve •
Gross foreign revenue
from sales/ service
lor
amortization
of $124,620• in
and
1948
and $44,362 in
rentals in all coun1947.
UAfter .£
tries
„i
except those' Where the
deducting $500,000 U. S. Treasury Savings
comoany's investment
is
reserved to • •
Notes_Series O (at cost
,
; /
$1, increased 45% in 1947 and
1946.
plus interest) in 1948 and $1,212,141 notes to 1947.—V. 167.
I-;.;
p_ 1588. ^
,
^
3
CONSOLIDATED EARNINGS STATEMENT
Quarter Ended March 31—
1948
...
Rro£lt _b®fore taxes.
S. Fed. and
U;
Can.
Net
profit
Common ^shares
Earnings
—V.
per
167,
p.
taxes
L ?
■
$11,038,281.
income
.
$6,695,881
L_
Iowa
-
-
12
Public
Months
Operating
Operation.
$3.70
Provision
Of
the
paid
Sept.
308,036
dividends
Dresentiv
on)-
oStetoS ysha?^
1943' and 100,000
3,
1943,
'
additional
dividends
in
March—
Gross
from
Net
from
Net
ry.
railway.
railway
oper.
From Jain.
Gross
1948
*
.
from
ry.
1946
$2,460,698
$2,024,146
408.546
117,551
*31,409
103,699
*337,934 *'
I—
LL
*
8 ,069,937
6,942,273
l,,035,052
985,755
income__T
'■Deficit.—V.
167,
p.
1588.
170,674
-L"?.
1948
for
depreciation—;_lLL-L—:LLL-—L.
than
for
Federal
estimated
income
Federal
taxes
income
1947
-1
$a,132,482
,5,064,694
"3.863,234
657,387
714,140
433,649
LA
944,898
taxesL_-
■/
L
$9,733,289
■,LLL_LL__—.I-'-LLll_LL—'-4L_L— -—'
632,087
>•
,
590.612,
.'
733.077
•••••
1945
93,527
$1,720,083
Other income
(nct)_LL___L____LL-.L—
22,355
;
$2,633,190
% 848,141
'
342,031
;
Gross
Total
6,114,052
7,321.719
*
799,022
"36,750
2,117,323
j
"—
f.
288,122
■'
income
Dividends
167,
$2,191,862
620,655
-----—_L_____L-__L_
.
accrued
on
preferred
L_^ 984,969.
$1,121,782
stock______—
______.__L.___
p.
:
28,075
-
■4"«
Balance
V.
$2,163,787
-
$1,742,437
—
—
r
936,649
income
deductions
Net
railway
railway—
oper.
-Earnings—
297,209
fro'nr
Net
Net
''v
"•
V
?l..
RR.—
1947
$2 ,712,555
income
28—
,_.___,_a___!„LiLL_L_~-L/_4--_-r,'4LL/;
Taxes other
Provision
Feb.
Co.—Earnings— *>
revenues
Maintenance
$5:303,148
1,432.407
Service
Ended
1
3,448,000
$2.67
•
1470.
*
'f '
2,506,712
outstanding.!/..
share
3
1947
$8,751,148
4,342,400
-—-4—
common
V '-V'5
-
International Great Northern
quarterly dividends
stock since the
Stt,
sha/e^of
preferred
«Ll
thereof. Company has also
stock each
year since
nf
nf Sr
i°n,o!J, Pi' 3'
on Nov. 3, 1947. From
1948
.
taxes
•
Accrued salaries,
$0 13
and
MoS.*—1947* *
ENDED
60,230,809
L_
—'
income
common
other
$27.61/
ago
$2,316,693
CONSOLIDATED
hand ahd
shown
115,457
__—>—■
on
1948,:
>
662,813,948 $52,320,060 v
•Total
high level dur-
added
years
1948^-3
YEARS
___,
'LIABILITIES—
;L
stockholders'
"Incoming orders continued
first
re-*
A6counts payable—trade creditors (incl.
liability
for merchandise in transit >/___
Internationa! Business Machines
Corp.—Orders High— "
Thomas J.
Watson,
1947
FOR
Deferred charges
50,000/
' L
[
as
against
as
three
(net)
Miscellaneous
T? 203,000
$0.49
year-end,
$22.73
amortization
t'Land, buildings; furniture,
.
31,
,
.
tQther accounts receivable.
Merchandise inventories
$965;031rt>L;$246,607
•*
Jarl.
this company
expenses..
;plui$ accrued^ interest i___—
"(Customers' accounts receivable—
■
>■>/•'■*
ended
:
./.LL/-Li
'
."'v:
have
$5,162,955 $14,662,673 $13,120,164
ACCOUNT
income :L_lL_L__L__—
Cash oil
-
1946
""785,000*
year
1948—Month—1947
ASSETS—
/K;
$1 021,191
50,000
837,000^
.-«
*v
the
ago,
operating and admin,
income
.
541,788• 521,584
50,000
•Income for the
period—__.LLLllL* L $1,146,506- V'
Earned per. share on
1,952,008 shs.
$6.59
—V. 166, p. 1891.
L'L/vLLL
held
-'\.
'
and of consolidated,
consolidated funded
to
____J
sales,
Dividends paid
/v
$2,341,819
in*LL;i;V L//'/'LvL?
income._/_L_/_
on
'■
.
1947
/'vLL;L'L'-v:.L
>$2,588,680
equip.
Estimated
'•
at
years
Earnings per common share
was,'
L
f
(other
company
,-Jnterest:-paid.___._"___/_/_L_____'-__*__:—44,134
the
at
illness.
»
two
INCOME
Provision fof Federal
L/L; -:-vK iL'L''""'"'''/'"',
on net income before
contingencies,—V. 167,
short
a
$24.74
sales'
Total
$1.63
^
goods
pro-
dividends
the
JO£jr/yeaxA.Agb,: ':L/;^
leasehold?
Interlake Iron Corp.
to
as
;■
>
.
the
/
;
stock of
common
per
$5,299,545
Other
4,899,315
America—Obituary—
of
Philadelphia,
p.
the
$30.23
:Operatihg profit
$5*195,657/
:
assets
v
)
;
$1.73
Chairman
German town
79
Jan." 31,
value of
was
CONSOLIDATED
L/LL-Lr^
Rdsh,
asset
,
2.800,000
*
;
Insurance Co. of North
net
the books
a
$7,995,857
contingencies./.
that
assets
of $32,812,948 for the
fiscal
largest in Interstate history."
at
5,300,200
v
current
tangible
dividends.
sales
Sales
Indiana
5,458,544
net
net
such
Period jSnd. April 30-*-
164, p. 634/"'
5,264,600
....
of
declare
requirement
a
consolidated
consolidated
payment
Depreciation and
NOTE—Net earnings per share for
.1947 based
amount appropriated for reserve
for
Benjamin
(of
of
by
treasury
LL
746.
so
in
Kramer, Chairman, in the company's annual
the
were
;
$20.43
Commission
deducting
p;
and
/'Total
1948
1947,'
'
$90,739,868 $70,272i729"*
Shares of stock
outstanding
Net earnings per shar6___
outstanding
to
company
dividends), including
after
R. C,
•*'-
'
lor
banks,
port, said in part:
com-;
(& Subs.):
irtcompf
commercial
$1,900,000, have been modified
ratios
assets
$4,528,479
Standard Oil
■_L__LLLLiLL;-tLLSLLLLL_._LLLLL
net
stock
certain
Cost
income
two
by
contemplated that the insurance
company loan agreement will
amortization' payments as
follows:; $75,000 per annum untilL:
$200,000 per annum"-from 1953
through 1958, $325,000 in
1959,'
$350,000 per annum lionrj 1950
through 1965, and $500,000 in 1963.1'
The
proposed
insurance company loan agreement also contains re-v
>
/
strictions' on (he right ot
th§
r
________)4,679,828*-: ■54/703,532
depreciation and depletion..
1,990,208
1,913.764
serial notes_ii_L.LLLi.LL
346,688 L L 359,375
Federal
income
\
1955,
bonds and
for
;
,
.$4,900,000
Co. has purchased the
company's $3,000,000 I5-*
3%% note, due May 1,1963. The terms of the
notes
547,970
part 450'M0
m
ll^OOO
21,591
*2.537.937 $2,298,653
184,757
1917,
ISref
$2,277,061
645,200
;
505,654
Pa5d
resoective
935,000
/
$2,639,986
2,610,483
extensions to
on
;
.
"6'10p I
,
with
,
which
1Q45
496 165
1'°17'40°
.
filed
;
V
on
require
securities 'and
167,
preferred
_
.
1947
WW
SdXer8ai°f
ar! lncF^ excess'yo^/trtux6
State
for
on
pany's
893,400
approp.
sales
pletion
xaaintenance
iOp,
has
Appropriation for
ing
$9,678,040 ' $8
SS'„nanceXPen5eS"--- 3'°'FU
—836,622
Net
the
Calendar Years
,
of
Provision
$3,-
EARNINGS
Mar. 31, '48
^ome
funds spent
com-
to
make
dividend
$5
is
It
I
17,602/
Co. (New Jersey). The
exchange requirements.
$80,000,000 additional capital available
^tot
3 ikonths Ended- March 31—
Net Sales and other revenues
•
amounted
$5,800,782
9u1,0j2
April 30 approved a proposal to
International Petroleum Co., Ltd.,
the
of
.
$3,093,123
on
legal,
Shaves
942.
1
Interstate Department Stores,
Inc.—Private Financing
company, it was announced May 4, has consum-
debt)
Inland Steel Co.
of,
29,1947"
public of
discounts and
an
will
in part for
,
the
$16,080,
Year End.
.
Wegener &
plus accrued
'
-
-
of
60,815
vide for
381.216/":
24,022'
167,
$1,713"
preferred for both 1948 and 1947 are
$4.80 dividend preferred stock which
shares
for
$1,363
interest at the rate of
2V4%, payments of prin- „M".
cipal being due annually from 1949
to. 1955..
The new
funds are to be used for
general corporate purposes,
&■]
$1,114,952
company
the unsold balance^
g the remaining 4,000 shares^ now expires
SUMMARY
Ooerat ng- revenues
to
share
6 Ieaving proceeds t0 the Company, before
T°f $10° per share excluslve of accrued
a yL
'
under these arrangements has pur-
,
r.nJl
inn
st0ck also covered
1947.
lr®8, Thl biferm« Price to
sh&re and the underwriting
We^nJr
it*
chased
as
>
.
1947.—V,
amount of
■
$6,889,472-
377.041
share
per
•
81.086%
305,442
;„1_.
'
surance
847,0501*
-
petition seeking approval to Issue and sell
$1,000,000 bonds and $1,000,preferred stock.
The proceeds would be used to reimburse'
the
public offerin& of 35,000 shares of 4%\|
company ($100 pan, under an arrangement
L
"c7 as underwriters, agreed- to. purchase
a" Jit an option to Purchase up to 25,000
nf
isi
within
and by property, earnings, and other
°F PR®F®RRED—The prospectus! of
deferred
missions
A
tcompany expects to issue and sell $10,mortgage bonds upon or shortly after the issue'
common stock now offered.
JAn
additional 4,000
JharPfIff %
tSIt»L
Preferred stock are under option for
SviH'JrfoV
°i" before July 8, 1948, at $100 per
S the 3=5 nn°nm ^ h ,1948'u Such 4'000 shaVes are
the
'
L:L
700,000 shs./
amount
7,859
9
held
v
000
<A:
,u u
limited
:
,
• ■
000 000
y-
Indianapolis Water Co.—Proposed
Financing—
The
Provision
1131.000
:
L, .f.1 jV-
931.455
on
$7,929
305,442
outstanding.________.___._L__
financing.
The financing was arranged;
privately
through Lehman Brothers.
The Metropolitan Life In¬
»
$5,447,763-ii
117,675 •'
v
6.733
-
developments.—V.
Balancd
900,000 sho.V;
264,666
$2,983,307
$642,935-
81,086%
$6,613
mated arrangements with
three institutions for
of
'LL; >V:. 5:
200,000 shs.
_—y*.
($20 par value
374.309
subject to various
Interest
Outstanding'
f
$18,000,000
{■ 5.000,000
•
-
*
.
394,057
$536,225
...
share...,
exchangeable
47
$1,036,99*2."
325,654
—The
5
"i7,413,250^7,670,547" v
,
$864,879
share
NOTE—Earnings
became
year
!.
'
$1,859,382
108,004
shareholders
is
Cost
FINANCING
■-'i'r;'s
'
■
preferred,
Common
and'
The
1922,
p.
power
customers
PRESENT
1
1977
Preferred
electric
Authorized
•
series due
series due
Capital Stock:
if
4V
and
series
s
2.1 ;
■_
commercial
Mortgage Bonds:
3 %%
sale
1978
1948—3 Mos.—1947
■
Dr)
avail, for fxd.
This sale
of
municipal and other
customers, including public utilities.
CAPITALIZATION
First
distribution and
'
,
income
t7j-
primarily in the irrigated sections of theIdaho, and in the eastern part of
Oregon
in northern Nevada.
It seljs electric service at
due
> *
the SEC
•
income
deductions
167,
sale
was
It operates
and central
parts
bonds
■
holdings in
shareholders, chief of which is
an
EOiitmni
(net
pany's
incorporated in Maine^ May
affiliates. It is qualified as a
no
to
mortgage
Apr. 17, '43 Apr. 19,
outstanding...
common
■■■*■('.\.<
v':
Cdrp.—Earnings-
profit.___.L_
shares
■•••
with
net
shares
preferred
computed
..
Imperial Oil, Ltd.—Sale of Stock
Holdings Voted—
6,-1915. *It
subsidiaries or
foreign corporation
business in the States of
Idaho, Oregon and Nevada.
Company
operating electric public
utility engaged principally in the
hydro¬
electric generation,
transmission,
l
1,000/,
1,000: ,t
500 ,,
Co...
registration statement
a
first
________
The
v1
Security
/
»
,
B
____—$1,960,653
charges
84a,701
Net
-V.
sums
of $!,«
Co/ New1'York, and*
$35©,#00 each weir
-
&
.jk
$3,300,000,
Trust
:
charges
by
v
Co....
Earned
$21,638,702 $21,397,583 $64,200,869 $39,397,192'
16,894,634
15,153,853
50,408,401
43,990,123
2,510,377
2,995,757
income
Income
under/con-1
,
Co....,
Common
1,000
&
Earned
1,000
;
&
Nelson
1948—Month—1947
expenses
oper,
Estimated
..
Preferred
1,000
.
the
made
Wood
E.
RR.—Earnings—
oper,
rents
MIscel.
approxi¬
loans
now
1,000
Co..*..—
Woodard-Elwood
Arthur
3,000
series
revenues
ry,
Other
of
tions to
$60,000,000
cpsr,
Cllivy
.
Such net
proceeds, together with the proceeds from
310,000,000 of first mortgage bonds, will
be used for addi¬
the company's
production, transmission and distribution facili¬
sale
the
from
company
E.
&
501,547
.
income. taxes—
1,000
....
Smith/ Moore
Harold
Company.
George.
Pierce & Co. Inc^
June
tax accruals.^
Equipment & joint fa-
F.ixed
aggregate net proceeds to the
thef 150,000 shares
of common stock are
Co..__.
&
Rauscher,
3,000
Railway
National
mately $4,475,000.
the
Hill Richards & Co
Miller
353,169
1470:*-r*„-a"-:-'-"-:'■
1,000
167, p. 1809.
Railway
Railway
authorized.
PURPOSE—The
•sale
Firct 'Southwest
599,686
operating profit
Fcderai
1,499,613
j
1,119,307 *
1,013,757
.
.
16 Weeks Ended—
.
$3,591,376
817,609
,
388,353
76,237*.
167, p.
Interstate Bakeries
Net
Pan...
5,000
Period End. Mar. 31—
•.
•
&
,
-
Bank, New York, and Bank of
America Jifational Trust &
Savings Association, San Francisco,
Regis¬
trars, Guaranty Trust Co. of "New York
and American Trust Co., San'
Francisco.
Robertson
coast
3,000
Co
j
1,500
...
Dcwar,
5,000
Illinois Central
The;
common
Chase
&
fornia
5,000
*
names of the underwriters will
be determined
by- competitive bidding., ;
Proceeds will be applied toward
repayment of advances lrom A. T. & T.
; v
for general corporate
pqrposes,—V. 167, p. 1695.
'
*
LISTING—The outstanding common stock is listed
on
the New York'
Stock Exchange and the
San Francisco Stock
Exchange, and is regis¬
tered on
the Exchanges under the
Securities Exchange Act of
1934/
Similar listing and
registration of the additional shares of
agents,
Dam
covering
V,V/A*
been
5,000
The company cn April 30 filed
,
company has contracted to issue and sell such
$10,000,000
bonds to 11 institutional investors
at a price of 100.5 plus
interest.
'
"•
Transfer
Co..
2.Q00
1,500
Illinois Bell Telephone
Co.—Registers with SEC—
($20 par) at $31.50 per share.
;
Sale of Bonds Privately — Authorizations
from regu¬
latory authorities have been obtained for the issue and
sale by the company of
$10,000,000 first mortgage bonds,:
3% Series, due 1978 which it is
anticipated will be sold
stock have
5,000
&
Wisconsin Co..".
M.
stock
shortly after the sale of
Hotton & Co,
—v.
2,000
&
Company..^,
Murphey Favre, Inc....—
Pacific Company of Cali-
5,000
Shuman. Agnew &
William R. Staats
Offered—Blyth &
Co., Inc.; Lazard Freres & Co.; Wegener & Daly, Inc. and
associates on May 6 offered
150,000 shares of common
upon or
Co
&
Paine-Rice
Skaggs & Co.___
3,000
Eiworthy .&
3,000 '
Mitcrium, Tully & Co.—V—
3,000
Pacific Northwest Co.3,000
Sfchwabacher & Co......*!
3,000
387,696
;
Idaho
5,000
Davis,
—
:
The
105,158
1151.
p.
$151,749
1
./•
.
E.
Co,._v
Kebbon. McCormick
55,083
.
1—
Net
—V.
W.
&
McDonala & Company
F. S. Smithers & Co
1947
$148,909
—
from
Net
Hailgarten
1948
railway
railway
railway operating income
Net
'•
•
Valley Ry.—Earnings
March—
Gross
$3,258
Graham, Parsons
'f
v
:
.•
,108,946:
income
'
1948—3 Mas.—1947
$3,486,023
523.252
'•.'-v."'.
,
Net
Distribution-
on
on
™
>
•
entered into
the
Internationa! Harvester Co.—Ruling
subject to approval of stockholders at the
annual meeting to be held
May 13, 1948, an amendment to the Certificate of
Incorporation will
be filed on
May 14, 1948, pursuant to which each share of common
stock, of no par value, will be
changed into three shares Of common
stock, of no par value,
by the distribution on June 5, 1948, of two
additional shares to holders of
payment"
directors
1943,
Monday, May 10, 1948
and
Cents
dividend
Lazard
$137,382
•
the
i943.
from
Blyth & Co.,
$132,596
3,419
incorrit)
20,
in
common
underwriters
purchase
stock
common
s
684,863
the
agreed
spective
$817,458
$57,022
________
_
declared
were
and
last
the
Feb,
on
•
Other income
1946,
UNDERWRITERS—Company has
ment
312,358
been
share
per
31,
CHRONICLE
a
dtvidend
of
45
cents
per
share on the common stock
on May 20, to holders of record of
April 26, and also declared
regular quarterly dividend on the preferred stock.
the
'
$369,380
Oct.
(hereafter,
declared
Ltd.—Earnings—
1948—Month—1947 "
trans.
expense
to
FINANCIAL
.payable
*
,,
cents
quarterly
having
sinking fund secured debentures due 1960.
Under¬
Co., Columbus.
Proceeds Will be used to redeem
mortgage
notes
and
provide
additional
working
Ohio
Honolulu Rapid Transit Co.,
Operating
the SEC
40
quarterly
share
•
of
&
1365.
159,382
_L_lLLL:
"VL/'L.■
A; $962,400
■
$1,206,893216,424
.
Volume
Number 4697
167
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
V'
Co.—Partial Redemption—
Iowa Electric
and
has
company
interest,
1961.
will
Trust
163, p.
made
be
trustee,
corporate
for
called
redemption on; June
West
115
Co.,
Monroe
Wall
16
Harris
the
at
Trust
and
Chicago,
St.,
New
St.,
next/at
T,
100'V4
bonds, series A, due Jan.
$50,000 of first mortgage 4 %
Payment
Bankers
V.
(Mv H.) Lamston, Inc.—April- Sales IndreasCd 7.4%—
York,
111.,-
\
at
or
165.
Period End. April 30—
-
J
$272,236
—V.
167,
the
•'
1588.
p.
;
'
(James) Lees &
Total
operating
Operating
.
Ended
„Income
Other
29—
and.excess-profits
_//_.
taxes
/
;! Provision for -retirements/-.
«>
Net
,
391,175
7756,592
a
.
income
.-v
■
*
■
-
■
V*
1 •
earnings'./-ZZnii/-//.^.-/.-/.//
Net
vlntei'T/;-,on
r
$1,028,911
.'/
;
/__////,'
bondss.
\
•
Net 'income
-
—V.
167,
/
Island
.
?
$1,127,675
453,103
was
manufacturing,
net
sales
of
•
.
,
81,673
.
/
.
Cost, of
accomplished in
in
of
excess
our
a
$533,570
Ferries," Inc./ Bohemia,
N. Y.—Files
and
_•
«//:
administrative
The
company
for
40,000
per
share.
shares
filed
May 4
on
letter
a
notification
of
with
the
Other
SEC
stock
(par $1), to be offered at $2.50
P. Frazee & Co;, Inc.
Funds will be used
for the purchase of equipment and facilities and
working capital.
'
of
Period
End. Jan. 31—
Operating
1948—Month—1947
ZZ
revenues
Opera tion
/.,/..////;/
Retire
Utility
Other
82,076
'17 720
-
20,937
17.825-'
15,033
:
accruals
reserve
131,667
$45,570
$445,148
14,031
$44,212
10,87?
»
deductions,
common
Boston
*Consol;dated
$44,393
$459,201
lor* four
\
Net income
Preference
,
' $33,333
requirements-
dividend
* $36,436
■
V«
'i
Balance applicable
% Earnings
tif com. stock and
shares
per common
—V. 167, p.
(135,000
746.
surplus
for
the
^Income
from operations
i.
—
3,666,897
Interest charges'
after
income
income
Number
of
share--
367, p
■'
1
common
i.hares
<at
236,932
and
cost),
able,
The
May 5 asked SEC for permission to Issue
tional
property and
financing.
Bids
.about June
17.—V.
167, p.
1810.
N.
expects
Deramus,. President,, announced
shortly
very
offer
to
for
sale
RR.
with
Co,
the
of
idea
"excellent
wishes
with
progress
"to
continue
to
its
concentrate
territory."—V. 167, p.
own
problems."
own
a
was
Mr.
Deramus
improvement
on
of
Union
Securities
renegotiation
from, railway./--
ry.
150,000
to
Gross
Net
from
about
after
place
May
12.—V.
of
service
167, p.
Public offering of the
company.
statement
becomes
has
SEC
of
information
filed
with
from
would
which
have, given
conditions within the company
the
stock
effective
petition was filed by George Zolotar,
charges that-W. W. Kellett and other officials
tion
that
so
they
could
continue -themselves
p. J256.
in
,
.
an
withheld
in
office
.
„
SEC
the
from
ry.
and
at
SEC
to
May
3
granted
the
the
retire
the
month
Gas
It.
&
The
the
of
to
Is
from
banks
two
and
evidence
the
The
.
Interstate
announces
share
the
on
.
by
Adm.
100,000
shares
$50 par
At Dec.
;,The
stock
3,30i.318
,879,255
771,895'
-
u..ub8
1,623,892
1,526,669
regular
a
Keystone
semi-annual
Income
1471.
p.
April
on
distribution
Common
Stock
by
•"
Commerce
two
Commission
on
that
the
mortgage bonds. These bonds
Consolidated
bonds
until June
Real
1,
Estate
1,
30
approved
of
value
stockholders
a
proposal
to
stock,
stock
which
1810.
,
?
will
,
1947
.
this
on
company,
of
approved
;28
Last/
Not stated
167,
principal
used
at
etc.)
321,108
$7,451,603
$705,455
276,042
30
"?
167,
Federal
1,799,527
Net
1,458,899
2,472,000 j-v,
p.
'
943.
income
subsidiary
the
(& Subs.)-
Number
$3,456,117
: 2,565,206
2,544 296
SI.24
is
dissolution
Corp/ being
shares
83,023
of; McCord
will
be
to
reduce
200.000
the
shares,
out-
from
Higher—
1948—3 Mos —1947
$3,610,029 $11,423,851 $10,112,458
Co.—Earnings—
1947
1946
$469,527
$299,962
1948
$454,211;
:
1945
$273,012
.
174,000
106,000
117,000
$295,527
$193,962
$156,012
29,856
151,947
29,853
29,856
106,363
106,363
$108,408
$113,724
357,743
$19,793
303,894
taxes—
303,894
303,894
303,894
$0.86
$0.87
$0.54
$0.42
164,000
,
$290,211
" 29,856
dividends
for
of
151,947,
period.-/
shares
com.
share
com.
2662.
166, p.
'
-
.
'
~
...
'
$1.35
Maracaibo
Nil
Oil Exploration Corp.—Earnings—
-Earnings— ■:■./! /'
Z
-
'r
2,276 215
for
2,742,694-
taxes
2,122,927
t
5,525,016
6,680,125
21,204
$117,111
$49,083
1946
$41,903
$70,287
26,703
.
...
17,381
$24)522
2,598
3,297
2,565
—
$119,709
$52,380
$27,087
Depletion, deprec.-, dry holes, etc.—_
35,990
21,709
20,174
Prov. tot Fed.
23,500
3,000
Other
income—-.,-—/—--
Gross
2,164,773
*
1947
$143,814
V
„
operatiohs__^_—-/_
Profit from
'
1948
Three Months Ehd. March 31
Operating income
for; depreciaUon—
income
—/—-
income taxes—.--—
1
<
/__/——_
$60,219
Shares outstanding
Earning
per
share
$27,671
$6,912
396,000
income '-—
Net
v
and
liquidate
*8450, 446
2.552,754
•'/
Oper. profit incl.
Federal
to
McCord
'
—^1—.//
dividends///
Surplus
Ended—
"
Mar. 11,'48
Mar. 13,'47
Mar. 14,'46
wholly and partly
subs., after cubs.' pfd. divs. $10,433,649 $18,236,730 $20,282,403
for contingencies.^//-/*
1,050;000 »
1,550,000 ' 2,100,000
Weeks
of
1948—Month—1947
profit
Preferred
'
,
proposal
a
subsidiary
a
,
effect of
1588.
p.
Earnings per
$3,156,532
167,
dissolve the
which
13
of
$1,008,453
1,970.851
shares
outstanding//.—/
ceijimon? Share—►.—-/
Approved—
to
stock
}
approved
is
this
Profit-- alter 'eha-rgesv-1'
302,997
$7,727,645
2,713,041
income
the
435.
p.
U--Z-■ $3,884,935
Common
sales, research & de-
gen.
proposal
of
396,000
330,000
$0.15
$0.07
$0.02
•
par $5.
issuance
purpose- of
163,
property
expenses,
Stores Co.—April Sales 7.6%
McLellan
—V.
500,957
.
5,142,615
,
change of stock—V.
other
the
in
acquisition
out-of-pocket
,
assetsi of
Quarters End- Mar. 33—
$7,840,425
/ >/
to
of the
time
the
his
-1946
,
$1,026,563
Not stated
Reserve
:
his
in
Inc.—Liquidation Approved—
which
common; stock.,/
Sgles
.$7,952,560
Not stated
Reserve
in y
$242,315
and
a
94%>
Inc.,
MacAiidrews & Forbes
7/ $523,934
CLoew's Inc.
Nov;%
authorize
and
estimates
equipment
3
April
Period End. April 30—
„
r-V.
Net
Fund,
issuable
from
formulae
Bishop
standing common shares of McCord Corp. to
the present 270,253 shares.—V. 167, p. 1810.
:
income'///—.Ii//—./„//
&
Reserve
preferred
of
portion
owned
The
authorized the /
maturity of
subsidiary
a
1948
-
———_
owned
common
(consisting primarily
patent applications;
property
formulae and
and
Mr.
cost
on
May
Manufacturing
Co.,
by-McCord Corp.—V.
The "principal"
$8,952,056
5,100,327
par
to
being purchased from
are
Co.,
1950.—V, 167, p.
expense
*Loss.'—V.
ir
authorized
in
ail
the
such
development,
traveling
$18,000.—V. 167, p. 1153.
Stockholders
The
94%
the
1948,
$8,596;779
1,000,000 shares,
voted
no
the
that
considerable
a
processes
McGord Mfg. Co.,
a
;
3
May
from June
years
r Net profit
$3,886,745
reclassify the authorized 22,401 shares of
Common shares outstanding.,—
value 6% cumulative preferred stock as prior preferred stock.
5,142,615
Per share.of common stock—'
31. last, there were outstanding 17,593 shares of the 6%
$0.75
stock.:,
new
of
as
company
by the company
Chemical Corp.
Lakes
company
with
to
the
of
capital- stock of
to Great, Lakes Chemical Corp.'was
1947, in consideration of the transfer by-
spent
and
(including
$15,U0O
Corp.
385,449
a
increase
the
of' such
stock
made
offer
Great
of
certain personal
of
had
Bishop
equipment;
dissolve
*4,637
$9,337,505
for
the
of
stock
capital
695,012
565,737
442,008
purpose"
is
201,971
•
$9,038,787
also
terms
November
in
him
connection
The
16,054,901
a
477,995
was
such
owned
,$4,364,740
of
Mr.
732,389-
Net profit after Federal: taxes.—
to
the
common
Rajax Corp.
McCord
Minority; interests'- share—__—.-/
and
shares to
%It
3.
velopment expense
—/—/———
Estimated Federal taxes on income-:
'*;
X
Corp/ of Delaware—Capital Changes Voted—
stockholders
series,
to
,716,956?.
x
2,704,753
manufacturing '.fncome__-^__
income.,—/
Capital
payable May 15 to stockholders of record April 30.
distributions were made as follows; May 15, 38 cents; and
15, 45 cents.—V. 167,
.'The
with
the
of-
Operating expenses
corporation
Lamson
499,481
17,859,473
3 Months Ended March 31—
''Total:
,
lit-
with
series "S2.'"
year,
b96,221;
19,404,203
Depreciation
purchaseX;
stock
than
Great
McCord Corp.—Dissolution of Subsidiary
1945
-
679,889
__
to extend for
.facturing
-
bearing; interest at'l
cents-per
y/5'-!l946
1,132,166
inc.- after, deducting
materials used, labor and maiiu-
,1 Keystone Custodian Funds, Inc.—42-Cent Distribution
j
shares
50,000
the
of
expenses
'
Earned per
42
for
large
owned
loans
1
,
It
not move
year
share of such capital stock for each
Lakes Chemical Corp.
of
of
ptock
common
laboratory equipment), processes,
of
80,096
$5,572,434
Manufacturing
informa¬
prelerred
stock
any such
1948,
Mr. B'chop exchanged the
100,000
stiares
stock. of- Great Lakes Chemical
Corp. acquired by him
development
361,004:
Libbey-Owens-Ford Glass Co.—Earnings—
!
i;'
Electric Co. (parent) ana it will require $2,937,500 Kentucky company will borrow the funds required £
retirement
notes
All
1947
$6,183,034
1,365,232
oper. income—^
the
Net
cumulative.lirst
of
X 907,553
64,793
of
23,
to
him
in
rai.wayxi—
public
hold
existing.*'
drawing
of
Rajax
33,907
108,858
close
the
issued
173,010
190,222
after
Bishop has , informed the
Corp. transferred by him
.
-
permission
company
retire all of its outstanding 5%
par'plus "accumulated dividends..
Louisville
for
on
Mr.
$368,409
659,929
of
at the ratio
company
accordance
891,014
Secretary
months
6
Feb.
holders
1—
$5,000,000 first
Kentucky, West Virginia Gas Co.—To Retire preferred
The
the
On
-
19,621
of
shares of common stock of Great Lakes Chemical Corp. in any
not to* exceed an aggregate of 100,000 shares.
Provision
made in suclft agreeinent to the effect that if Great Lakes Chemical
common
39,654
shares
but
shares
2
of
$243,491
59,086
ol
the
aggregate
an
for
Corp*, should be merged into the company during the option period,
Mr. Bishop should have the right to purchase shares Of capital stock;
to
112,872
Bonds Extended—
Other
*
was
cumula-
1945
$324,356'
62,177
railway
^Deficit
or
petition
a
of
$2,452 500*
1946
1948
from railway—
company
:,-j: 9-3
attorney.
'
■
The
salaries^—V. 166,
claims
better idea
a
within
year
is.
on
Inquiry—
SEC
them
1947
Corp.
exchange
in
holders of
50,000
of
$6,891,927
from
Net
•
the
stockholders
Court
the
time
for
AV Sienkiewiczr, President
of Philadelphia, * has been elected
54g—,i,\>
Chemical
stock
common
Lakes
I
Great
:
certain
from
Great
Ricliard E.
Assistant
cosfr Dr$66,231; total, $22,-
■306,122;
*
ry. oper.-income.
Net
S. District Court at* Philadelphia to order
alleged loss of over $1,000,000 by the cor¬
poration in the year prior to Oct. 18. 1946.
The SEC also asked the'
Court
to
direct an
investigation Jnto
the
conduct
of
W.
Wallace
Kellett, President, and other officials relating to alleged concealment
into
value);
of
of
/
acquired
company
Great Lakes
Lakes Chemical Corp. entered into an
Bishop, a director, Assistant treasurer
the" company, whereunder Mr.
Bishop
agreed to sell to Great Lakes Chemical Corp. all of the outstanding
capital stock of Rajax Corp.
(Del.), in consideration of (i) 100,000
shares of common stock of Great Lakes Chemical Corp., and
(ii) an
option, if the profits of Great Lakes Chemical Corp. and of the com¬
pany combined, before taxes and exclusive of earnings from oil and,
gas/should-exceed $100,000 per year in any one year or' all of the
year 1948, 1949, 1950 and 1951, to purchase ai $1.25 per share at any
and
(after deducting
$485,860;
reserve
for
3.85% preferred shares
par
Acquisition
the
1947
17,
with
agreement
;:X—]
Net
...
askbd
investigation
notes),
Co.
such
of
shares
Nov.
On
$313,i
reserves
241.471
from railway
The
an
(after
873,982
/„
Net
its
to
1923.
Kellett Aircraft Co.—SEC Asks Court
(net),
that
March—
Gross
•
said, 'and
PoWer
registration
a
receiv-
of
assets, $106,418;
$59,813; investments
income 'taxes
40,430
railway./—
6,366,5'JQ
Lehigh Valley RR.—Earnings—
N.
in
W.
appointed underwriter, through
& Light Co. for the sale of
been
accounts
discounts
1—
from
20,010,943
961,959
Lakes
y\
for
equipment
tax
$321,934
*
railway
Net ry. oper. Income
Co.—Underwriter Named—
American
shares
common
take
The
167,
210,751
4,
4,938,380
capital stock of the company, at the rate of 1 share of the capital
Stock of the company for each 2 shares of common stock of Great
Chemical Corp, so exchanged, and made an offer to all other
holders of common stock of Great Lakes Chemical Corp, to acquire
the shares of such" common stock held by them, on the same terms.
$1.20
current
$1,000,000;
/ 113,966
railway
oper; incdme.
f;:. From Jan.,
Gross
has
Corp.
with
directors.—-V.
from
Net
1810.
Electric
and
1948
From Jan.
Kansas Gas &
plant
*
rCd ShaieS held ln treasury. at
Net
making
is
31
:i
v,
stock
common,
159.549
1 011 525
$1.26
Oil
1948,
Februaiy,
from
interested
yoad
1,081,161
and
:
1947
$9,463,971
payable '(trade); $1J259,791; dividend- pay¬
payroll, deductions, $164,319;. accrued
wages,
miscellaneous accruals, $540,394; accrued taxes
$74,-
—V. 167, p. 1588.
merger.
not
The
refundable
Treasury
of
Gross
8 that the company"
public under competitive'
Deramus, President, stated that the company
mergihg or taking over" any other railroad.
DEC.
accounts
In
1947
employees"
March—!
The company has denied reports that it has been buying into the;
/Missouri-Kansas-Texas
property,
9
10,020,328
4,119.845
income—
1588.
Chemical'Corp. Stock—
the
Lehigh & Hudson* River
Ry.—Earnings--
f
Denies Buying Into Katy With Idea of Merger—
J
claims
:
•
■
53,374,565
43 952,953
47,424*,171
8,487,529'
railway—
afor'esaid
bidding $14,000,000 of "a new series of bonds.
These bonds, to he
Issued under the company's first mortgage dated Oct. 1, '1945, are
for the purpose of refunding the outstanding $14,000,000 of Louisiana& Arkansas Ry. promissory
notes, due May 28, 1949.
,,
AND
1948 '■
banks,';$1,520,473;
in
Fen Pa Benn National Bank
board
the
May
the
to
1948
NEW DIRECTOR ELECTED^—Caslmir
,
*
•
SHEET,
and
doubtful
51,386,573
oper.
167, p
McClanahan
,
•■
/
los,ses and contingencies,,
illFsOO6
$12,000,-
Kansas' City Southern Ry.—Plans Bond Issue—
W.
•
ry.
—V.
$13,796,170. less- 6'/P
retire $3,860,000 of 13,4% notes issued for interim
expected to be opened June 14 and public offering
are
from
Net
■
}■
,
railway—_
of
($100'par vialue),. $3,000,000; common stock
1$3
.capital surplus, $106,5,5; eamed
surplus;
000 of first mortgage bonds and 80,000 shares ($100 par) cumulative 1
preferred stock.
Proceeds will be used to acquire and construct addi:
for
tax
$10,778;
y
1695.
on
Net
>
.
«9"-»i/i!iiniST?n*fSr; States
Eederal and State
United
V,'"":j'r'-'A. (.t/f '%i-:'V'.7''"/7 S>AV. »' 1$
company
BALANCE
hand
on
State
$28,230;
5 $2.41%
,
Kansas City Power & Light Co.—^Proposed
Financing
■
1946).
1—
'
.
income—
oper.
Jan.
1945
1946
-
$17,520,832 $16,831,917 $15, 423,539 $17,627,293
6,293,061
181,758
4,052,821
3,178,608
2,060,325
414,659
1,485,499
2,001,242
railway—.
railway—.,—'
from
Gross'
1947
1948
from
From
.
Co!
1, 1946, to Dec. 31, 1946 (Lees-Cochrane "
liquidated into its parent company, James
FIRST QUARTER OF
$2,314,140
2,476,602
;
$1.93-
■
ry.
Inc.
Sons
VvipIABILITIES—Accounts
$6,337,132"
2,476,502
tj;
Net
Co.,
&
depreciation of $6,895,194%
$7,763,592; retirement plan (deposits with
trustee, not amortized(, $267,090;
patents, $1; total, $22,842,500,
r.
3,966,000
$5,150,704
per
Earned
—V.
$4.80
Lees-Cochrane
6(8), $2,933,287; inventories, $10,181,048; other
Federal
/ 2.816,902
441,039
-
from
share——
res®rves
commissions and
Net
,/
Net
allowance for income taxes—
common
ASSETS—Cash
3,341,000
Estimated pi ovision.for Federal income taxes—
Gross
147 150
$12,913,455
Earned per
$1.63
12,599,670';, 13.356.966
-
133,706
Nashville RR.—Earnings-
March—'
property, plant and equipment
1946, amounted to $444,597 and $321,969 re¬
;■/
:
; '
and
fX
depreciation and depletion—/-/.
113,409
1,635,000
1946, and of James Lees
sales
Net
$217,874
shares)///// * $1.57 /•>
31-///K//////Z 1948
1947 /%
operating revenues--//;-./////.. $97,531,525 $78,2(33,438
-Provisions for
1947
years
and
company
31,
depreciation
,
Quarter Ended March
Sales and
$4,039,712
"
Quarter Ended March 31— ■■■/V//?:
Jones & Laugh I in Steel Corp. (& SubsJ—
Earnings—
;t!
6,147
Sept.
and
'
-
2,695,000
stock———. ;
of Aug. 31,
as
•1;; '-;X: RESULTS FOR
127,475:
$212,547 V
:
period
spectively'./'
98,419
$345:349
140,743
158,-p. 2303.
2,800,000
ttock$5.02
of
Aug.
dissolved
was
0
,
ended
NOTE—Provision- for
Net
-
28,*947
~
$353,290
:
,
.
/■
' hnif'..''.'.1.
■
months
Co.y Inc.,
Lees & Sons Co.,
$443,768
$ 105,919
•
operations
eight months
at
Louisville Gas & Electric Co. (Ky.)—Weekly Output—
Electric output' of this company for the week ended May
1,' 1948,
totaled 37,781,000
kwh., as compared with 32,817,000 kwh. for the
.Corresponding week last year, an increase of 15.1%.—V: .167, p. 1923.
$6,740,859
(est.]
stock-
preferred stocks have been called,
$10 per share; plus dividends
next
•'
on
for
1,
June
on
to four cents per share. Payment will be made at tire
Safe Deposit & Trust Co.,-100 Franklin St., Boston, Mass.—
$4,220,141
preferred
,
amounting
160,843
20,758
income————
.
'
shares of
outstanding
the
redemption
12,723
Earnings per share,'common
7,694
.
of
All
1,124,356
$7,032,864
4
and State income taxes
on
v
Income
:
i.
declared
X
$436,074
Drl,177
/
Dr2.P60
—<1
D.vidends declared
253,254
148,978
10,833
$47,072
-
(net)
Net
912,754
241,906
* 930,505
,
$6,711,912
paid
Dividends
$1,879,338
1,119,441
344,590
for
$7,012,106
1--——
:
*96,024
9,837,659
1,613,176
*401,653
* 2,003,812
Louisville &
-J:
V
■
Provision lor Fed.
151,389
125,417
12,500
inc. ?■:;
operating
income
$2,037,140
100,414
./—////
Z/Z,/ //— —Z/Z:
Taxes
Total
Interest
1948—12 Mos.—1947
$177,241
f.192/740
Maintenance
■
i_-_
*269,988
*229,687
railway
from
Preferred Stock—
common
Underwriter, E.
Jamaica Public Service Ltd. (& Subs;)—Earnings—
,
income
*448,487
10,107,830'
Long-wood Towers Co., Brooklinc, Mass.—To Redeem
1,549,036
1
*570,695 *
11,319,477
railway——'
from
>
198,666
profit
433,138
9.979,942
1,154,654
V.
Operating
.
(^
,1945
317,022
$3,400,074
586,632
$3,480,637
242,359
*2,739,840
r:v. -oper. inc.ome.__.
*Deficit.--V: 167, p! 1923..
*1946
1,017,020
1946
$3,597,214
income—
i—
Jan.
From
1947
1948
$4,025,863
railway--.
lrom
Gross
$9,546,147
expenses--——
j, > ,//,
»
Net
1.959,932
security taxes.-/--/.
with
disclosed.
not
;
railway—_
from
_Net ry. oper.
•
sec—
a-month.
:Nef
31
$10,187,724
■
of
Jordan
March-
$40,259,269 $31,344,492
30,071,545
21,798,345
J_-—_
airport and a
Quinoy. Mass.,
the
of Manchester, N. H., Vice-President of Limerfck
sold' all the property, said his firm would lease halt"
plant.
The mill, which makes worsted yarn, has been closed
Gross
1947'.'
./.<
sales-———
on
expenses
General
\/
f.
hotels,
two
'
period when the demand
ENDED DEC.
dwellings,
Long Island RR.—Earnings—
of
capacity to produce.
Z/rZl/L-a:/// ///_/
profit
Selling
; v
53
Grossman Family Charitable Trust
on
April 30:
The sale price was
estab-
increase
an
Net
V
;'
/"•>.
goods sold./
140,369
Gross
$521,833
W.
the
of
.for
this company
$40,259,269,
ACCOUNT FOR YEARS
;•/'
Net. sales.
453,735
Social
Air
in
1947
This
1946.
~/'/v
'
.
in
INCOME
32,062
$1,056,610
/—Z/Z_w_Z:/ZjZ/-ZZ/Z/-i.Z._~
1810.
p.
Report—Joseph L.
mills,.
the
which
Mills,
March 17 said in part:
on
of textile
year
carpet continued far
$1,095,613
27,699
.
Amortiz. of bond disct, & exp. & other deducts.
7
•'
••
profit, after estimated Federal and State income taxes, was $4,220,141 in 1947.
This was equivalent to earnings of $5.02 a share on
•./the- common* stbck outstanding
alter allowance
for dividends on the
*
preferred shares and was ah increase of 4.5% over 1946.
>
...
(Me.) Yarn Mills—Sale—
these'
to
announced
Was
'
508,000
i4/,.
>
theatre,
$905,180
■
■
of
Sale
Net
-
s-—---------
-•
..
for
669', 153
528,000
^
operaMng earnings_^/^ww3-._,^-C^____;-.
Other
438,625
,
;
high
over
3,04;, 581
./—-/_
taxes.
new
a
28.4 %
1947
$5,760,977
3,70J,9b'0
Z—_
101'st
lished
v
$6,413,669
maintenance.
and
its
During
1S48
revenues
expenses
♦
,
.
Utilities Co. of Det.- -Earnings—
Feb.
$1,029,420
Sons Co.—Annual
Eastwick, President,
Months
1948—4 Mos.—1947
$253,519
Jack
2415;
p.
1948—Month—1947
Sales
1,
Bank,
Savings
Y.—V.
N.
2440.
Iowa Southern
12'
Limerick
-
The
p.
the
new
acquiring mother,
281.
of
no
par
value
companies
preferred
through
ex¬
For
the
revenues
1947
and
16
were
weeks xnded
estimated
$55,335,000
in
at
March
$59
11,
1948,
127,000,
1946.—V.
167,
"
$1.67
$1.76
gross
sales
and
compared
1471.
with
$56,655,000 in
p.
operating
To Increase
The
stockholders:
authorized
cials
of
Capitalization—
stated
any '
that
no
additional
shares.—V.
on"
capital stock
167, p.
May
from
definite
3
approved
400,0Q0
plans
stock, /There
1472.
are
a
proposal to increase the
to 500,000 shares. Offi¬
made for the issuance,,
shares
have
been
presently
outstanding
396,000
•
THE
(2032)
8
Magma Copper Co.- -Earnings—
Number
1947
$268,234
408,000
of
of
•After
the
$0.40
$0.66
Nil
4,763,266
1948
$0.39
5,474,975
4,223,944
Federal
premium
pian.—V. 167,
408,000
403,000
9,12u,940
and
earned
Sales
•After
com.
Marine Bancorporation
$501,057
$2,193,000
$1,949,000
544,800
4196,357
172,447
$0.16
$0,70
giving
$0.62
split-up
to
effect
profit
-Net
•After
setting
taxes.—V.
income
166,
$013,141
$529,878
$830,111
of
up
usual
ASSETS—Cash,
1946
■
™™
the
1947
receivable
1^45
$530,338
cost
.'reserves and providing for estimated
or
(after
SHEET,
$134,789;
market,
$334,179;
equipment (after
1366.
p.
,;X
•.
I;
•
Net
sales
Net
Net
profit after Fed. income taxes
profit per preferred share
-
Net
profit per common share
$12.09
,
27,
M.
McBain,
commented
Net
income
reserve
'/
last
on
1947
after
less
than
At
the
close
accounts
1947
of
receivable
investment
was
from
this
tions,. unless
point
further
forward
8,475,243
5,103,169
inventories
the
to
company's
for
normal
sales
or
gains
occur.
:
.
adjustment
adjustment
t$19,058
lor
loss to
a
stockholders
shares.
Mindanao
in
the
.■.X/.-/X
was
.> \
first
the
of
one
United
X'.
>
World War II, funds for which
subscriptions for an add.tional
which
;
t
resumed
were
in
.
States
who
J.
to
resulted
the
able
sales
trend
which
characterized
pany's Chicago stores had
quite
abruptly early
"At
in
Christmas
the
18%■ sales gain In
an
season—the
three
X1 XI
Japanese
X.
which
the
in
shown
were
with
pesos,
start of the year the
company expected net Income for
quarter to fall below that of last year. The decline actually
greater than anticipated, due primarily to the disappointing level
the
of
years
reserves
com¬
December—terminated
January.
policy
this
gold
at
at
West
^'..XXXV.V %X
.•
in
per
1941
tons
over
approx.mately $1,000,000
valued
From
at
6,232,792
to
1935
$6,500,000
V
the
was
sales.
Gross
considerable
13%,
tnd
over
a
certain
rolls
In
year
of
ratios
than
last
The
ago.
fixed
our
due
were
higher
profit
higher
in
unit
considerable
the
of
by
'
credit
Net
services,
higher. / Larger pay¬
no
entirely,
means
A. 'r;?
.
$10,000,000
Gross
Net ry.
to
?,
arrangement
entered
Gross
into
Net
September 1947, in effect for an eight-year
"Up to this moment we haye done no bor¬
rowing tinder this arrangement.
However, if inflation continues to
have its impact on our
plant Improvements and working capital re¬
quirements it is not unlikely thafe, we shall
needf cash J>e#ondf:Ah&t
provided by earnings before the end of 1943."
J
banks
period, Mr. McBain
in
from
Milton
C.
Starting
in
the
Mum ford
his,
Division
elected
the
as
customer
166,
and
York
the
from
Net
Net
sales
Gross
1948
...™™
Cost of goods sold
operating
$4,273,147
3,328,033
3,294,776
<
expenses-—-
operating
Income
Total
profit
™'.
income
™™™__™__
$453,578
™™™™™™™__,X__„^..
and
development
■;
purchase of
the
the
like.
of
>v:-
The
new
200,340
3,818,547
322,391
988,925
'■OX'.' ••■V'
448,615
•38,835
470,693
X
the
the
Lorain
also
Jan.
by the
of
has
soliciting
there
soliciting
proxy
p.
been
scheduled
material
management,
filed
plant,
which
will
been
the
income
taxes
83,268
$636,569
$1,061,639
405,600
(est.)
215,000
material
by James
XX'yXV1
1589.
$178,230
54,714 X
38,723
20,809
17,687 X
509,954
$137,036
X 478,736
146,498
from
136,683
1
struction
wider
of
use
stud
welding.
-v
49,454
;
I.
46,508
Amortiz.
Net income
Capital shares
Earnings
$421,569,
451,800
$0.93
$1.45
.
BALANCE SHEET,
ASSETS—Cash in banks and
reserve
for doubtful
on
FEB.
28,
1943
of
pit.
adjustments
$656,039
451,800
outstanding™..
per
$644,179
expenses
depreciation-
for
General
Fed.
,
:
.
'
Edwin C. Lewis,
counsel;
profits
f
i
hand, $3,966,529; accounts receivable
Gross
7
Int.
J. Kane, formerly Sales
Manager of
Owens-Corning Fiberglas Corp., who will
of
'
'''X. XX
X X;
%•
Xx.XX •,
>>*-'v-;
States Power Co.—Proposed
Financing— X
1
bank
notes
and
provide
165,
program.—V.
p.
funds
to
finance
2212.
Cost
71,742
'
29,816
83,344
of
X.X
!
Gross profit 'X-XXX
Commercial expenses
Other
$626,760
458,487
$59,252
$168,273
,1:
39,544
income—I—.
securities,
accounts
9,233
9,233
110,796
-X
profit
1
*
CONDENSED
2,211
6,026
$21,919
.
$53,266
63,466
872,110
$1,642,417
20,550
r.r+
$32,716
$0.14
BALANCE
SHEET, AS OF MARCH 31, 1948
hand, $300; cash in bank, $26,478; accounts and
allowance for bad debts of
$2,500), $276,166;
inventories (after allowance for
inventory adjustment of $133,559),
$715,264; other assets, $o0,446; deferred assets,
$29,376; land, $2,424;
ASSETS—Cash
notes
$1,726,488
on
receivable
(after
buildings and equipment (after allowance for
depreciation of $210,562).
$312,229; total, $1,412,682. •
X
\XX.v'.■■■ X' "
148,593
taxes———J
$47,240
(approximately)-———'iX———;X
727,895
887,890
149,785 /
121,033
$19,708
sales-
on
(•', Net profit'^——u-..—a--—
Earnings per share
$6,538,988
2,623,029
526,000
578,500
3 Months
Month
80,794
802,917
excess)
-y
LIABILITIES—Notes
income
$138,877
tiebtr,
;
of $193,202),
$2,964,918; U. S Gov->
Amortiz. of debt disct.,
Inventories, $2,687r732; property, plant
prem. and expense$1,298,805), $2,709,526; * Other deductions
Intents (net), $91,343; prepaid expenses and
deferred charges, $59,448: X
tytal, $12,667,495.
\
'
'
rnment
3,363,567
47,167
.,;l
$217,727
X X 158,475
sales
Net galii
184,140
;
$7,386,087
219,207
v.X
53,417
con-"
company's
.
Period Ended March 31,1943—
acqul.
long-term
on
;
senior partner of Lewis &
Watkins,
William
Division
Total sales
1942—12 Mos.—1947
__1
&
'
Murphy Chair Co., Inc.—Earnings, Etc.—
'
511,475
22,325
$562,996
292,868
___
taxes
income
the
:
•
$186,384
379,812
194&—Month—1947
Prov.
as
P.
Total
Period End. Feb. 29—
Gross revenue
Operating
known
is
and
Mountain
$1,500,900
the
filed
XX/:XivXV.;XV.';; v'XXr;j;!ViX:XX:v
'
-
be
company on April 20 reported to stockholders that It was
nego¬
tiating*" the sale privately of $3,500,000 first
mortgage bonds and$1,000,000 preferred stock.
The
proceeds
will
be
used
to
retire
for
with
have
X ;. 13,664
X
1—
also
elec¬
in the capacity of sales
manager of consumer products
for
Corp.; Dr. Vernon C. Abbott, Pontiac,
Mich., and
Sinclaire, an officer of Corning Glass Works.
<
act
William
11-
stockholders
proxy
$179,164
/>: 46,550
Income
oper.
is
other
Laboratories
will
continue
operations
in
division.
Their program
will include research
,
railway
and
The
of
iaihvay______
company
wiring
,;X'X./'XX'
the stud welding business, Mr.
Gregory
manufacturing and engineering activities
Nelson
at
furthering the
heating element
heaters, waffle irons,
immersion
utensils,
tne
the
irons,
Maynard
legal
•131,886
Mississippi Power Co.—Earnings— X
$978,371"
182,991
™™™™™™™™'™
Provision for Federal
(less
months
Reserve for income tax—
Net
Other
l via
electric
separate
Industrial
805.676
to
few
a
Morton-Gregory
railway
Net from railway
;™__
Net ry. oper, income
—V. 167, p
18U. ;.v,XX';
;XX; 1947 X/
$3,781,612
and
ry.
From
X'X'X.X'' V, I
the
3,674,427
Exchange
Exchange copies
from
Martin-Parry Corp.—Earnings— ' ;
28—
Detroit,
291,235
meeting
addition
Morton-
ago,
Morton-Gregory
development and marketing business of Henry
Inc.,
whose
products
included
the
Morton
'
The Detroit
Bank;
Mississippi. Central RR.—Ea irnings— XyX; XyX' XXXyXO/
1948
:
'-yy-V
1947
1945
X(,■X 1946 xGross
Net
S.
202,436
1
'
a
Estate
4.298,748
1,117.850
Stock
March—'
2212.
Quarters Ended Feb.
-1
j' "
Research
toward
Horace
correspondent
in
the
2560
pp.
v
§
268,380,453
,,
Welding Division of Morton-Gregory Corp.
as
90,097
X™X
income—.
•'
in
of
Morton
4,578,021
Blaney and Max Mauermann.—V. 167,
Vice-President.
a
1935, Mr. Mumford subsequently became';
Treasurer, Assistant to the Finance Manager and
Manager of the Manufacturing Division, Assistant
Assistant
Secretary,
and
Assistant ? Vice-President.—w
to
Ih
1946
//XXX''
1—
annual
11.
with
-X/Xy-X/Xvy>y.
company
%
$
99,623,310 298,116,367
of Detroit, who is associated with the
Fred J.
Secretary and a director of the Udylite
Corp.,
is Secretary-Treasurer of
Morton-Gregory Corp.1 Serving with Messrs.
Morton, Gregory and Maynard on the firm's board
of directors are:
Martin
G.» Chapin,
Sr., Vice-President and director of The Metal
Specialty Co.,
Cincinnati; Raymond
T.
Perring,
Vice-President
of
400,981
v
1943—3 Mos.—1947
$
'
formation
as
centralized
Fisher
1945 %
$1,384,083
•59.668
railway
New
the General
Comptroller,
V.
been
with
career
Wholesale
Assistant
later to
has
$1,284,875
476,102
Annual Meeting to Be Held
May
The
May
,
Official Promoted—
//.X.XX
from
1947
$1,584,017
railway
ry. oper.
•Deficit.
said:
1948
275,906
that all
directed
X.
in
$1,585,972
income-™
oper.
Net
wit^r certain
;
railway™™
railway
From Jan.
;■;XX^'"XXy'X/X
'
:
from
from
its
cooking
announcing
be
Detroit
Minneapolis & St. Louis Ry.—Earnings—
March—
were/
$1,000,000, or
expenses
was
supplies and
were
but
part,
but
alone
many
iikewi'-e
.
with
Payroll
costs
charges
levels,"
wage
connection
maintained,
were
year,
"makers,
The
the
of
of
appliances
Nelson Stud
Philippine
time
In
will
first
of
'
:
research,
engaged
products.
stated
gold
was
mined
of
paid In dividends.—V. 167, p. 1589.
was
297.762
1948—Month—1947
Associates,
actively
1947
ounce.
time
the
such
trical
XX
of
204,621
$35
invasion
loss
a
the
coffee
2,000,000
August
in
729,716
401,092
1811.
p.
Morton
for
the
discussing the first three months of the current year, he said:
sales during the first quarter of 1948,
which increased 6%,
nevertheless fell considerably below expectations.
The highly favor¬
882,567
437,332
1589.
p.
Co-Z-Air, an electric warm air radiator;
It is also
development of an interesting type of cast electric
7,
and
were
only incidental to
$11,568 for the year 1947.
It is
company to develop ore bodies for approximately
advance of mining requirements.
As of Dec. 31, 1947,
rehabilitation,
"Net
167,
of
production after
provided last year by stockholder
shares.
Mining operations
were
1,034,828
209,633
Gregory Corp. in the electrical specialty field to embrace
construction,
railroad, automotive, shipbuilding and other
metal-using industries
in which the
range of stud welding application is
rapidly expanding.
approximately
own
V "X% "XXX'X
mines to resume
860,460
purchased the manufacturing assets and
patent interests of the Nelson
Welding Corp, of Lorain, Ohio, and its associated
companies. •
This
acquisition
broadens
the
established
activities
acquired
Judge Lionel D. Hargis, President of Mindanao, stated that
listing was made to provide a domestic market for East and
Coast
1,506,273
biua
taxes from previous period.
possible recovery of Income
prior year.—V. 167, p. 1046.
company s 22,000,000 shares of capital stock were admitted
the San Francisco Stock Exchange at the opening of business
May
1948... '
'
■
' ■;
5,000,000
1,814,979
Henry
J. Morton of Detroit,
President, and George E. Gregory,
Toledo, Vice-President and General
Manager, on April 25 announced
that this
corporation, which was recently formed in
Michigan, has
26,163
•$19,311
income
$28,579
from carry-back of operating
In
<
for
of
1,982,887
Morton-Gregory Corp. (Mich.), Toledo, Ohio—Acquis.
82
27,702
.
This
of
;
tAfier
87
45,479
t$48,91G
'
™™_™*™X™_™;;™..™_i,,X
credit
60.27%
147"
ton-miles
140,797
1,949,357
income
oper.
167,
At
fluctua¬
seasonal
freight
138,807
$
Mindanao Mother Lode Mines, Inc.—Listing—
and
shelves
and
express
loss
205,233
Montgomery Ward & Co., Inc.—April Sales
Up 15.8%
4,841,238
80.37%
55.66%
304,928
•21,507
.
Period End. Apr. 30—
6,023,495
5,433,936
tax
$6,000,000 greater than
at
increase was the result of a
except
advances
pr.ee
9,763,079
•Profit.
practically all kinds of merchandise which had been in scarce supply
during the war years.
Inventories were more complete and better
balanced at the end of 1947 than at any time since 1941.
It is not
anticipated that there will be a further increase In inventory invest¬
ment
iiuwn_—
tAfter
■>
merchandise
in
approx.mately
ry.
•Deficit.—y.
15,581
mi.e*
1—
railway
railway-
from
Net
95.56%
16,454
passenger
Jan.
1945
1946
96.33%
Mail,
the end of the preceding year.
This
higher sales volume and the return
1947
48
$585,582
200,465
income-
oper,
from
Net
—V.
13,689
Net
■
1
carried
1946
$623,067
413,534
Sales.—_—.—— 115,382,421
91.47%
taxes
'
ry,
From
.v.;
—
1648,
of
Net
Earnings—
Revenue
April
results:
year's
Federal
that
' ;
;
1947
$748,437
178,180
railwayrailway———
from
Gross
.
$1,000,000
V"?
,
passenger miles flown
Passenger load factor——
Mail, express and freight tons™_™
$1.57
was
$10,557,000,-approxi¬
These net income figures
are after additional
resenic provisions
for Inventory price decline of
$1,300,000 in 1947 and $2,500,000 in 1946.
Thus income before in¬
ventory reserve was about $2,000,000 less in 1947 than In 1946 despite
a sales gain of 7%.
This decline in net income was due primarily to
higher wage and
salary levels which the company experienced in
common with business generally,
"
mately
"'V'
1348
$501,591
from
Net
payable, $27,832; accrued liabilities, $28,007;
February—
efficiency
passengers
Capacity
$1.24
meeting held
the annual
at
Gross
$3,300:
t,
co
of
Revenue
$21.40
$0.85
—
President,
br.e.ly
in
Month
Operating
$17.08
Monongahela Ry.—Earnings—
March—
,
1947
insurance,
Mid-Continent Airlines, Inc.
1946
$48,469,895 $45,780,868 $41,273 944
1,813.562
2,561,992
3,209,633
„
Hughston
1947
1948
31,
stock (28,000 no par shares), $28,000; earned surplus, $592,386; total,
$834,222.
In March, 1948, the common and class B common stocks
were split up on
a two-for-one basis.—V. 167, p, 1258. %
VXy'v,*
Marshall Field & Co.—Earnings—
3 Mos. Ended March 31—
1948
provision for Federal Income taxes (less $100,000 U. 8. Treasury tax
notes), $17,946; common stock (par $1), $140,000; class B common
notification with the SEC
to be offered to warrant
Proceeds will be used for corporate purposes.—V. 167,
■
March,
$1,019; investment in
property, plant and
for depreciation of $143,621), $195,196; total,
LIABILITIES—Accounts
The company on April 29 filed a letter of
for 1,540 ."hares
($1 par)
common stock,
holders at $5.
DEC.
prepaid
$834,222.; ,■' !''■
Markley Corp.—Files with SEC—
in
U. S. Securities, at cost, $60,000; accounts
$5,000), $105,738; inventories, at lower of
of
reserve
stock
common
^Includes $38,706 non-recurring
wholly-owned Canaaian sub uuarv. at
1995.
p.
of
140,000 shares to 280,000 shares.
Income.
^Approximate figure.
(& Subs.)—Earnings—
1348
*
$0.23
BALANCE
Quarters End. Mar. 31
1946
566,000
from
254.
p.
1947
^—
...
per
petition was filed by three directors—John V. Farwell
III, Bolton
Sullivan and Donald D.
Wilson. It asks
that the road's trustee
be
authorized to set up a $14,806,560 fund for
purchases, through tenders,
of Plaza-Olive
Building 6% 1st mortgages, Little Rock & Hot Springs
Western RR.
1st 4s, Central
Branch
Union Pacific 1st
4s, Missouri
Pacific 1st and refunding
5s, and MOP 5s/4% secured serial bonds.
—V. 167, p. 1924.
—Calendar Years—
1947
Monday, May 10, 1948
The
$693,978
proiits
•Earns,
including In the
Government Premium
Price
under, the
CHRONICLE
share
„
Net
after
JLoss
taxes.
FINANCIAL
—3 Months.Ended—
$158,284
408,000
shis.
copper
charges
income
1945
J$23,955
prod.
capital
Earnings per share
Founds
1946
lb48
profit
&
Metal Forming Corp.—Sales & Profits Higher—
$165,045
Quarters End. Mar. 31—
vNec
COMMERCIAL
$138,796
28,357
22,589
311,322
loss
272,040
Cr3,9l8
y
accrued
Cr4,254
Cr6,411
and
payable, $300,000; accounts payable, $31,345;
liabilities, $128,190; capital stock, $231,200; surplus,
$668,681;
gain to datey $53,266; total, $l,412,682.-r-V.
167, p. 1811. «
$188,000;
equipment (less
Cr298
for depreciation of
reserves
,.
Net
.
Cr353
1,036
Cr 1,897
Cr54,311
$109,781
income/
$118,458
$1,389,325
:
—
X
Period End. April 30—
Sales
V
The
in
company
changed from
a
April,
year
Slightly Higher—
\ 1948—Month—1947
„X.———$9,321,569
$1,465,113
LIABILITIES—Accounts payable and
accruals, $l,071k856; provision X Divs. on pfd. stock
X.
7,705
10,049
103,193
Vi 120,594
iprFederal, State and local, taxes,
$2,123,624; notes payable, $126,000;
Paygble, $67,770;
balance
on
Balance
purchase of
Toledo
$102,077 X r. $108,409 . $1,286,132
plant,'?
$1,344,519
$J8..500; reserve for
contingencies, $130,766;
—V.. 167, p.- 1924.';,.,.
reserves—others,.-$100,000;
capital. stock (451,800 shares of no par
value), $2,491,931; capital
sqrp us, $111,480; paid-in
surplus, $172,533;
Missouri & Arkansas Ry.—earned-surplus,'$5,282,035;
tptf', $12,667,495.—V. 167, p. 435.
"
••
March—*
•'
VX'.X:' 1948
'
1947
1946
1945•
Gross from
railway„.:_
Massachusetts Investors Trust—Gain in
•$1,780
*$1,496
$182,999' ' $218,836
Stockholders— ' Net from railway_,_^—V
•30,170
•25r187*18,114
19,105
Trust reports new record totals in number of shareholders'
Nft. ry. oper. .income—- • - •32,960
and 7;
*26,417 y
Ijj number of shares outstanding on March
;y,;*5,214X;. ♦.11,600
31, 1948, when 62,931 •
From Jan. 1—
: X
P6f?ons and-organizations owned 8.171,559 shares.
—
(G. S.) Murphy Co.—April Sales
1948,
ago.—V.
had
167,
y
X
XV 1943—4 Mos.—1947
$9,244,104 $36,264,471 $31,359,784
p.
209
1696.
;
stores
>
•
"
;
in
v
operation,
'
-
•
,
un-"V V
•
—
(F. E.) Myers & Bro; Co.—Earnings—
.
Quar. End. Jan. 31'
1948
tGroSs profit ™i__l
Selling, admin-, and gen;
.
-
&
expenses
1947
X
deprec—^
.
1946
X,
X -$872,102
$723,739
355,694
342,570
y.
'
288,402
;
X
,
1945
$672,082
$394^82'
.
249.738
,
,
19
owners
and
asset
^
yeaf
7,468,019
value
aiid
per
$25-32
This compares .with *
shares Outstanding on'March 31 6f:
last J
share was $25.04 at the
bf
close
on
the
corresponding
date in
Gross" from
Net
MariflfX
1947.—V.
167,v ?
Net
'1
•
from
•
railway^...,.
*5,161
7.632 ':'"" 462,261"
-railway_i„>w.' X •64,084
r)/; oper.
income—- •D.eiicit.—V. 167, p.. 1589.
f
*54.190
•73,069
* >
*57,738
)
1 Other
income
;
(Formerly Mathieson
Quarter Ended Marc0
earnings fromfor
\
31—
rations___X
op»
deprec, and depletion
earnings from eperations.__X
1
:
income
.
for Federal income
Jfet income
Niimber of shares
Pipings
Hlf.
167,
per
p,
Works,
x
•
"
721
125,048
12,606v
Inventory; reserve X™.
Other
•K';
Inc.)
--■1947
•
-
$1,975,431
,.
$1,634,089
%
■
-.
X
423.545 0
Net
Gross
Net
$1,337,618
$1,160,307
25,760
26,227,
i
i
$652,570 V
24,076 >
..
$1,186,068
62,980
515.000
$676,647 -'.
.
45,103 ■:
fSeireaiitile
j
1589.
railway™..™
$391,544
Net
from
328,171
Net
ry.
$0.79
$0.42
I
From Jan.
Gross
■
1948—3 M03 —1947
$8,923 200 $26,514,100
C24,848,500
railway...:.
railway..;-™
from
oper.
U.
S.
1',108^974
-14,838,324
•
-
-3,324,323
*
*
,
►2,119,742
SEarnings
7,396,511
0,307,028
22,051,264 X
'X7
»•
X
-
•
•V.*."-X-
,
-
205,000
140,000
1947
X
1946
« ftflq
65.000
j
f
150,000
>.$327,282
-: 150,000
.
--
:
'
$199,948
150;000
:-X'- $103,677.
•
'
per
share...;
,;.rr.
.
*
$1.27
v
$22,290
shares
in
$18,827
1947.
in'1946
stock.
capital
of
.
..
1945
97,410
2,802,308
50,481,872
47,742,531
42,653,368
56.819,897
9.4-59.458
12.156.534
S.021,715
24.483,436
3,913,344
.6,192-,614
4,672,596
8,783,362
Proposed—
District Court hearing on a motion for a bond purchase
fund for this company has
again been postponed, this time to June 7.
$1-63
*
^476,0441
(150^00
$49,948 '•, Dr$73,352
<•; ?$ijeo-Xiv.fi'.* $0^8.
.
.
BALANCE
and
$15,598 in !1946>;.frQn
XX?/
-'s
1,890,753
--$177,282 '/
a?
.
200,000
*
,
t
?
i
■
190,000
;
tAfter deducting cost of goods soldy including
materials, labor and
manufacturing expenses.
tAfter deducting
depreciation
$31,659
in 1948,
-
'
V
1'
SHEET,
JAN.
X31,
""
*-''*•
1948
ASSETS—Cash, $567,465; notes
trade
(less
reserve
merchandise
($6,892) and accounts receivable—
inventories, $57,609), $1,551,831; mer¬
chandise inventories, $2,713,113; land contract and other sundry receiv¬
ables
income..
Bond Fund
The
1,577,160
.
Surplus
$17,391,706 $16,397,330 $14,545,57r $19,358,491
: 3,418,853
3,993,251.
787,976
8,085,458
V
'
M $253,677
.
1—
railway
from, railwav..:
Net ry,
_
income.. i.
.,,5,805
$150,649-
:
15,307,373
-3,244,158
-
.6,268
$389,948
1945-,;:
$5;055,313
$7,977,183
408,925
2,865,982 V Dividends
442,369 %
♦45,792
X 755,578 ;x
''Vi-tVv ..'A"X tin .I'Miy ;{_
RR.—Earnings—
1948
1946
1,235,366
7
-3,398,207
.
oper.
''-v
$5,417,142
1,302,160
-477,552
*
railwayX_^y ,^17,664,319
March—
328,171
•
$6,193,609,
<
*4 •,:
.Missouri Pacific
$698,087
1948—Month—1947
$9,481,900
p.
from
823,171
Stores Co., Inc.—April Sales Up—
income..^
'
:
XX1947
ry. oper. income..^.'1,118,093
•Deficit.—V.' 167, p. 1589X"
240,000
.
railway.^
1948
X 2,751
•.
2,756
-
,
v
XV' '
Net
$0.92
stock
.
Beriod End. Apr. 30—
—y. 167,
from
Gross from
com.
■
railway.-™-™
oper.
425,000
'
X X
i From Jan. 1—/
Net
f
from
jy.
$805,974
of
share__^„-.-^.
1810.:
1946
$1,076,113
173,781
.
*
y
42,871
tax
Gross
JieL from
1948
' -V
March-—
$383,680' h" $144,S44
-
Cr27,667
.
_X~.
deductions
$529,531
X $532,282
C$368,766
Missouri-Kansas-Texas RR.
i
$1,363,845
pjppme charges
fb^yision
,
637,813
^Pjpome credits
Total
Alkali
;
--
700,415
13,510 K
*53,667 X
'
Mulhieson Chemical
Corp.--Earnings—
y $368,045
.
and
and investments,
$48,585; land, $153,520; buildings, machinery
equipment (less reserves for depreciation, $675,532), $2,228,204;
charges, $112,798; total, $7,375,516..,
-
deferred
.
LIABILmES—Accounts
crued
taxes
other
income;
$698,396;
$80,336;
common
than
payable
taxes
reserve
stock
for
Including
pay
rolls,
$776,494;
ac¬
income, $12,340; Federal taxes on
future possible losses oa inventories,
on
(200.000
no
par
shares),
surplus,1 $4,807,951; total, $7,375,516.—V. 167, p. 1582.
$1,1)00,000;. earned
\j',
,
Volume/; 167;' Number 4697
THE COMMERCIAL" & HNANCt AL CHRONICLE
"r--
:
'Nashville -Chattanooga &u Stl tottts
ri
March—
v
from:
Net
"
Ryi—Eafftifigs—
•
V'V\
555;8§9 /
railway^:///*
Prom Jan.
Net; Irom
Net
ry.
1—
'
491,143
-*>
- : 165,§98
.<
'/,// ,'V
8,889,2^* ^ 7,565,514
ry? i opet; income: rl ,1s ''197,458 * I
"
Grds'3 from
-4 Weeks Ended—
,
<>322,155
"
..
/*;'"•?.
/
railway/__1
railway:::;:'. '
Income.--"
1,521,155' "
oper.
*/■ fDeficit.~V. 167,
;
452,513
.
" Vr
389,110
—Month
1,626,828
^j*n,
.,
Ended;
■
1
;
,■
*$320,369
V
$124,395
?$ 1,732,623
3,574
47,493
43,912
-
V(nett.
Cr363,443
.11074
Federal income taxes---"
:
—V/
/
$681,331 ;
-
167,
1590.;
p. •
$740,099
24/45
246.862 v
$392,201
p.
290,000
170,000
•
$738,098
$450,099
$222,201
$1.12
$0.68
$0.32
460,000
-
$935,447
.
.
$1.40
*$331,443
.
167,
1473.
p.
$74,910
*31,416,672
$402/775
'
Dividend
income
Interest
*Net
1S47
1948—Month—1947
/
$85,702
9,280
10,068
$75,222
$71,632
/.i/ii/i-y:: *; :// 54,000
•
-
54,000
f
,
Without giving Effect to-results bf
1
lated
investment
during
the
year
dividends.,
t
.
..
.
$84,816
54,000
above
& Electric
/
income
as
company"/ and.-intends fo. Pay out to
substantially all of its net income from
/
-n".:, ;/y
000
Net
stockholders
interest and
carried to profit and loss on securities
profits amounts to $25,177), $38,310.
taxes,
such
/
*'(c) 'Aggregate unrealized
■/
as
with
compared
At,Dec.
At
sold.
value
in
3i,'
basis
tax
a
-
line
*
'
•
■'
Z
for
the
v'
;
/ :/-/
'V
'
'
months ended
BALANCE
=
March
511
in
rrtvHotldc
♦
$26,451;
cost
$8,096,218;
.
,
1
(including U. S. Government ^obligations,
and fixtures, $1; total, $8,521,717.
/The
167/--.p/,;.1047.^V>.
Ended Dec.
31—- /
the
the
.Income
1946
1947'
21,116,824
$4,853,757
2,151,291
$6,520,696
2,071,371
amortization—.—
•
$4,449,324
Operating ^income_'_____"
$2,702,465
Other income11 ^16,052
/
1
.
1949
1949
1,256,707
-i-M—M
$5,706,031
1,235,491
2,154,567
taxes—normal
surtax:
profits- taxv_»i:_^-/._ii:_:,;'';•
.// Excess
:
&
* Net income
—V.
it^e.COrp?,ra
4
construction
»
.
requirements
ria,
814.
n
p.
■
~
.
/•/
,
and
a)
part
nn#
1945
•
;
$743*178
$961,849
580,755
308,212
288,381
267,965
2.22T.735
949,964
,
with
the
provisions
acounts
of
the
thereof.
statement
A
Chase
National
such
of
amendment
Bank,
of certificates
of deposit have the right to withdraw from
agreement' and' to obtain the bonds called for by their
"deposit, but only upon (1) surrendering, tb the deposi¬
tary at its office, 11 Broad St., New York, N. Y., their certificates of
deposit properly-/executed for transfer rin accordance frith the require-
due
rinhenf-ures
•
making payment at. the same time to
depositary -of-a. sum in cash equal to $10 per $1,000 face amount
s.ot bonds^represented, by. their certificates of deposit, which sum the
isPex.//.Committee has -fixed as each certificate holder's, fair contribution
1970
-
i;
v(-tpward^^ -riJbe
compensation^expenses
liabilities
and
the
of
will
National Fuel Gas €0.—To Finance Construction
The
Chairman
the
of
Committee
be
not
terminated.
H. Walker, frith Edward F.
is George
_
Nfet
Subs.)—Earnings-^
Ptov.
/
profit
'Operating
Other
Net
■
$7,526,893
$6,636,476
12,341,215
9,244,070
6,170,816
5,894,360
473,132
320,447
181,203
243,175
$2,055,380
$2,573,667
___
income
:
>
45,746
j.
$1,164,874
Number
income
Prov.
$2,249,987
82,619,413
69,546
debt——/: 102,561:
doubtful accts./;//
41,746 X / 31,530
for
-V,
for
-Net
com.
/■Includes $59,979
p.
1811.
ri
shares;
166,. p.' 1686.
loss
"a,-,
$673,960
1,381.573
$0.84
$0.72
$0.42
1,381,573
'
$0.15
of
disposal
capital
;
Central
259.120
$262,944
259,120
$1.27
$1.01
'
:
$1.58
/'/;-:;>
/ /,
;
Steel
&
profit
|
*
"
j
g
revenues
.'
oper.
9,066,312
rents
income
& Jt.
fac,
>
8,074.580
18,434,329
Castings Co.
ry.
oper.
L_2——J
income
Miscel.
Mar. 29, '47 Mar. 30, *46 Mar. 31, '45
§1,504,799
$635,863
$15,283
$1,095,600
^____
187,518
239,142
225,146
$396,721
t$209,863
5,043,204
1,947,007
14,294,687
14,882,667
1,919,904
2,253,026
1.084,369
t2,729,709
,1,455.881
8,605,589
2,540,250
5,875,880
8,254,209
489,114
.14,464
14,633
/, 21,420
Net
profit
for income
refund
excess
,
Si,331.745
20,716
'
324,794
;t
$411,355
29,404
taxes_
.
$793,456
t$188.442
v
/
-
2,558
48,742
1,746,326
3,999.352
deductions
fixed
-
157,970
5,614,765
6,869,351.
152,695
3,363,889
609,000
588~i66
241,800
/
Fed.
91
tl,088,556
inc.
taxes
147,237
129,511
Cr43,200
profits tax_—
$702,029
profit
-*Based
p.
1473.
on
t$51,64l
$1.48
Nil
sh.
474,86i
common
shares
•/
-
$0.42
,
outstanding..'
.
$199,614
t$191,0O0
Nil
tLos?. -V. ; 167,
/
..
National Shirt Shops of Delaware, Inc.—Sales—
Period End. April 30—
gales
—V.
■
167,
p.
Net
1696.
Governor of
urgently
Feb.
requested
1949,
1,
rights.
our
thfesc /£bndittbns
from
Net
ry.
/
1948—Month—1947
$1,037,668
$1,136,529
/
:, -
-
the
branch
New
and
Haven
/
the
in
Haven
New
to
20,
that
such
/
'
and
Net
as
1948.
the
sec.
'
-
,
date
discontinu¬
of
tb
extension
.
directors
discontinue
without
be
.
the
public
interest
the
directors
167, p. 1473.
/
^
1946
1945
$621,498
44,701
36,423
*80,576
$756,333
17,879
*192,886
*113,836
■
*103,312
1—
railway____
railway
'
•
'
■
■>
1,985,172
140,293
*257,232
*83,643
ihcome__:
oper,'.
*t)eficit,—V, 167,
Ry.—Earnings—
1947
$688,032
;
income—: / *113,539
...
"ri"• /'.."v
1,922,102'
Jan.
from
ry.
1948
$730,720
■
railway
from
Net
"
'
railway
oper.
From
GrosS
*513,005
i.850.661
1,622,528
*96,311
-
*408,430
*339,619
*661,571
1590
p.
New Yoi-k State felectric & Gas Corp.—Bonds Offered
—HMsey, Stuart & Co. Inc.
on May 5 offered $5,500,000
bonds, 3% feeries due 1978 at 100.75 and
first mortgage
interest.
The issue
recfei'ved
&
Co;,
awarded
was
the
at
and
sale,
all
Salomon
May 3 on a bid of 100.3299.
Other bids
a
3Va% coupon/were: Kidder, Peabody
on
for
Bros.
Hutzler (jointly), 102.33; Union Securi¬
Corp., 103.33; The First Boston Corp., and Glore, Forgan & Co.
(Jointly)
102.15; Lehman Brothers, 102.1399; Harriman, Ripley & Co;,
Inc., 101.9799; Hemphill, Noyes & Co., and Drexel & Co. (Jointly),
101.4377.
/
&
ties
the
whole
April 1, 1948; due April 1, 3978.
Bonds will be redeemable
option of the company on any date prior to maturity, as a
br„ from time to time in part, on at least 30
days' notice, the
initial
regular
redeemable
redemption
like
on
improvement
fund
price
being 103.75%; bonds
thf-ough operation-of the
notice
the
ahd
maintenance
fund
by
or
"
Tile
New
-
>
1948—4 Mos.—1947
$3,648,264
$3,569,203
,
m
York
announced the
2,464,349
5,789,860
,
4,823,982
/ 2,556,034
*
395,826
'
403,215
The
road
beirjg 100.80%, plus interest in each
proceeds
will
deposited
be
with
railroads
affiliated
on
April
29
new
or
for new
ordered
locomotives
since
- said
this
improvements program—thfe
more than $287,000,000, of
freight and passenger locomotives
were
the
start of
ordered
from
be
and
of
cash
use
„
trustee
under
mortgage securing
the company's first mortgage
bonds.
The
funds will be withdrawn, from time to time, and applied by the com-,
pany toward the cost of construction and improvement of its facilities
under its
construction
connection
incurred
bonds
with
bank
a
the
of
of
on
of
and
sale
of
June
payment
about June
or
of
the
The
3.
nfew
arid improvement
1, 1948,- the company
to the sale of the new
bank
loans
for competitive bidding 35v6o0
preferred stock ($100 par). It
offer
for
new preferred
stock will be,
1/ 3948, and that, if a bid is accepted,
for the new preferred stock will be made
bids
the
company intends to apply the proceeds from
stock toward the cost of construction
facilities under its construction program,
GIVING
'/... y.!/;
bonds
mortgage
EFFECT
TO
*
1971_~_—~i——-
1978
Water, Light & RR.
'
-
>
1945.
the Electro-Motive
stock
which
sion
of
General Motors Corp.;
American Locomotive Co., and Fair¬
banks/Morse & Co; Delivery is scheduled at Various times during 1949.
They total 145,000 horsepower and will bring the Central System's total
diesel-electric" locomotive' horsepower
to
790,300,
which the Central
believes is greater than that of any other road.
Of; the new orders, for diesel-elcctfics, which provide better service
and increased operating efficiency, the New York Central RR, Co's por-
not
limit
as
supplemented.
tAn
increase in
sale
the
new
bonds..
HISTORY
Oct.
28,
rhe
880,000 Shs.
amount
of
bonds
,
the authorized shares of
preferred stock to 185,000 shhares is
of 35,000 shares of new preferred
the
Divi¬
does
150,000 shs.
880,000 shs.
_________
supplemented
bonds
indenture
serial
par)
7
4,994,000
be outstanding at any one time, but provides fob the issu¬
in
compliahfee
frith restrictions contained rin thhe"T
may
of
ance
($25
as
/
1st consol.
5s, due 1956_v__^^_a_$5,000,000
Serial preferred stock (par $100):i_'__c. •
tl50,000shs.
3.75% cumulative preferred stock//150,000 shs.
Common
.
$13,000,000
35,393,000
5,500,000
-
series due
Outstanding
*
—_
1977__"___—-/
(series due
FINANCING
THIS
Authorized
:
series due
3'/4%
connection!
preferred
of its
CAPITALIZATION
First
in
,
cumulative
sealed
about
or
on
delivery
that
bank loans incurred
any
Appil
prior
additional
to
expects
series
new
a
contemplated
and
program,
also
company
shares
is
incur
repay
On
program.
$750,000
may
company
and to
program
such
loan
its construction
The
■^Indenture
System's postwar
by any railroad—to
$235,000,000 is
received
also
sinking
case.
the
mtge.
orders totaling approximately $15,600,000 for
freight locomotives, ten diesel-cleclric transfer
Central
undertaken
over
91
*
and
increases, thfe
cars
two
,
59 diesel-electric switching locomotives.'
the ..announcement, .Gustaf Metzman, President,
locomotives,
which
and
^
award of
diesel-electric
and
Central
/.
will
the
deposited under certain provisions of. the indenture and under certain
other circumstances "as provided in the
indenture/ the initial special
redemption price
$%
New Locomotives Ordered—
Making
of Fed.
^Earnings^per com.
the
to
has
of
any
Gross from
Elmira
largest
Net
of
end
Fairfield
which
New York Owiarib & Western
10.210,748- 10,330,204
3,476,11L
477,493
charges—.
income
*IncL
22
-191,792
losses
/
'
comply/jvith tile Governor's request."—V.
March—
23/i %
22,650
,/
invent,
service
passenger
480,039
4.893.382
$770,806
deductions
Prov.
voted to
/,
Apr. 3, '48
v
$1,317,281
Postwar
of
riUnder
opened
Subs.)
(&
depreciation-
for
the
to
In
-
1
Other." income
Net
Colony
•
Governor
waiver
^
22,961,781
tDeficit.
Prov.
Old
in my letter
"Thfe
in
g
•
57,873,254 "179,836,953 165,747,747
49,798,674 161,402,624 142,785,906
65,236,859
56,170,547
Net
167,
profit from ©per.
Other
miles,
^
elfectted; under the plan of reorganization,
ance be. extended to March-
the
.3 Months Ended—
for
at-Hawleyville northeasterly
PURPOSE—The
RR.—Earnings—
expenses
Total
Net
48,
'
National Malleable
approximately
the
i Including All Leased Lines) /*. -. ;
31— -/{; 1948—Month—4947
1948—3 Mos.—1947
Net rev. fr. ry, oper.
*Railway tax accruals-
/ Total
Earnings—
Prov.
$330,258
'-/./ ' /'/■ v;///
■/:'•/'■;/
oper,
Other 'income
//
Operating
the
forth
with
191,900
v;,
(net).—V.
assets
$411,346
.
'
Equip.
$281,492
,1,689,869
;
413,400
/./
*82.582
$1,314,617
on
196,700
rl___i.;^ // 259,120
■
Railway
Railway
7,200
19,009
1,689,869
_
$459,644
242,600
-
of capital
■
44,269
26.794
stk.
$572,858
/?///'/:'/-/""?7'/' ".;/•'
$607,441
//
:/ 807,500
outstand.
sh.,
per
20,090
;T
'
■
22,173
taxes
profit
Earn,
$1,193,646
67,187*
* $1,521,933
income
shares
Com.
.
iaxes__I
after
New York
$498,941
»
931,000
deducts./_
Miscellaneous
Prov.
__
funded
on
for
had
at
,
285,100
taxes—
Net income per share
•/ 108,500
28,772
194,607
income
Period End. Mar,'
Total
Int.
'
-
/:/■"-/
,
Dated
1946
$696,446
(
forest. Federal Inc.
'/
/1945
Cbst of
goods sold, sell.,
and admin, exps.
for depl. and depr.
income
Reserve
1946
1947
1948
'/,'3 Mos. End. Mar. 31—
Gross
sales, less disc., 1 /" ■■:/.//" /:■"// -v
"returns and allow.___ $15,383,014 $11,619,895
• gen.
.
Committee.
L. A. Brown/President, states that during the next six months, com*
Hayes, Secretary; 40 Wall St., New York.—V. 167, p. 1590.
pany expects to sell $12,000,000
new debentures.
Of the proceeds.
$5,000,000 would be used to retire bank loans and $7,000,000 lor .con^ /. ^ New York Air Brake
Co.—Earnings
struction.—V. 167, p. 1259.
.
i'.
,{
3 Months Ended March 31—
ri 1947
1948
/
-
Discontinuance of Old Colony Delayed—
/ the .deposit
deposit who do
right of with-
National Gypsum Co. (&
plus
Committee
up
to April 24, 1948/have been
New
York, depositary under the
deposit agieemerit, at its office at 11 Broad St., New York', N. Y., and
may be examined at said office. ;
•>•. < ;
\ .•;.;
•.,
with
filed
'
$1,704,051.
Howard
of
as
'A'^'^roeiits.bf'-rihfe>-de^dsittcrr and (2)
•
plan rid sell
_of
The proceeds would be used in (mnnection with t
gram of
plant and equipment replacement- and
v
91.42
that
the
of
;
certiffcates of deposit for the-Arst mortgage bbnds
the protective committee • has amended its deposit
to provide that the Agreement will continue in effect
including April 25/ 1953, unless sooner terminated in accor¬
and
extending
Southbury, approximately 9.10
Counties,"Conn. /
1,641,593
925,317
so
income
also permitted abandonment of the branch line of
from a point approximately
at
center <■ line statibri
at
2,736,078
1,197,256
notified
operating
of Branch Line Authorized—
northerly to thfe end of the line at Litchfield,
miles, in Fairfield and Litchfield Counties, Conn.
road
346,085
953,337
/and
.
$1,588,096
fdriUinnal
additional deb nt P
nf
'.1946
380,477
834,314
9phe holders
railway
The Commission
Earnings-
2.044;920
are
net
a
S.-Palmer,-President, on April 29 Said: •' *
* /
''Governor Bradford of Massachusetts and his
Attorney General have
advised the directors that it is
impossible between now and Oct. 1.
1948, to enact the" necessary legislation and to provide a substitute
966,193
Holders
itnHoi*
.
P^i^hcij''^0,000,0001
had
of
330,741
;/■,
_
The ICC on April
29 isstied a certificate permitting abandonment
by the company of a branch line "of railroad
extending from Hawley-
'
418,773
"
■
.
months
and
.
$785,235
.
three
,
Ry
1947
$857,469
Z
'
certificates-of
.
rS«fn°nn
k»
*<
.
"799,392
to
1,010,367
-Plans Financing-
M.
nrosnective ontlftv—V. i«r
prospective outlay.—V. 165,
agreement
;V- :•;/'
P
1.
895,948
of
1948, it is estimated that, the Old
freight operations resulted in a net railway
operating deficit of $1,308,000; for thfe.' Boston & Providehde the esti¬
mated deficit was
$1,497,000 and -the remainder of the New Haven
32.44
§,259,559
v
2,391,513
,
$3,078,517
$2,376,721
■
167, ■ P. 944.
'
^J.
first
passenger
Abandonment
company's imanmng pro-
Deposit Agreement Extended—
764,120
inc.
•*;
the
System
loans.
Net from railway
Net ry. oper. income-/:
$5,754,095
472,947
For
England
Gross from railwayl__/
1,692,089
.;
$4,018,518
Fed.
.Vv
591,389
814,027
_
Reported Financing
Part,0t
744,380
>
basis)—
(reorg.
Colony
,
$4,062,006
s/ Iftterest ■..and?jnisccllancVus-.charges ;;,//. 406,306
'Total income
n
1,671,451
fxd.
conting.
.
...
is preparing to sell competitively
mortgage bohds;
Opening of bids is expebted
June 15.
As part of the company's financing pro-
to
1
and
For. March, 1948, it is estimated that the Old Colony passenger and
freight operations resulted in a net
railway operating deficit of $216.000; for the Boston and Providence the estimated deficit was
$358,000,
and the remainder of the New Haven
System had a net railway operat¬
ing income of $1,660,151.
• /
.
/
From Jan. 1—
dance
'X
bank
Ndw
of
fxd.
after
/'
1925.
/reported,
1948
■
,
to retire
and
subsidiaries
& Light Co.-
rad'irav1
$5^544,757
1,582,751
operations
Depreciation and
June
.
13^794,137
from
Co.,
New Orleans Texas & Mfcxico
/ //;/
1945
expenses24,608,648
Operating
This is
728,227,-
167, p.
first
J-
$29,462,404 $27,637,520 $18,438,895
:_/:/ju_^_::::t
' pevcnuei
it; is
new
>X:|fet'fr0m railway'
M"/''-.' Net ry. oper. income
{•National City Lines, lne.>(& Subs.)—Earnings—
Years
/company,
$6,000,000. of
V
'
Operating
-
Jersey Power
$1,800,368l/^rthef^ operatirig/company'sZ1948
surplus income, $945,762; profit and loss on securit^es sold- and dividends paid from security profits; Or$2,l72,595; - total,
^V:
ft.
ago.—V.
for
—_——___
tibn.
Also iricludes accrued and.
unpaid charges against Boston and
Providence properties for Boston Terminal Co. taxes and bond
interest.
a**
'■
above production of
avail,
1948—3 Mos.—1947
;.
$14,910,761 $12,964,361 $41,628,627 $37,165,321
1,086,151
437,800
*1,100,949
*44,491
income—
*233,797
1,961,783
_2,042,461
Deficit,
t Includes operations Df the Boston & Providence
RRl, but
excludes fixed charges of that
company under thfe plan of reorganiza-
securities
for
surplus, $5,025,291;
$8,521,717-
month
corresponding
year
Hartford RR.—Earnings-
&
1948—Month—1947
rev.)
oper.
oper.
Income
viile
New
purchased, $160,959; dividend
payable April 15, 1948, $54,000; reserve for taxes, $8,300; capital stock
(issued and outstanding—360.000 no par shares)j $4,500,000; capital
.
V
t
.
*
..:5__,gfami ,Genefai|PubhcrUtilities Corp. (parent) will make an additiohal
investment, di/$.l,750,000 in company's common stock.
Proceeds from
1.-'
/..
:v-the sale Of ^heObonds and stock will"providb"funds"to pay for all of
..."
furniture
"'"LIABILITIES—Payable
the
//,•
is reported at 792,998,000 cu,
1948
//'krmnfc*
:
ry.
int.
England Rower Co.—Proposed Financing, etc.—
between
'y
.
'
n
dividends receivable
owned,- at
.
(total
charges
.
•/'
$289,207
1948—"
output for April,
for
■./-
-
$3/4,9/9;
receivable for securities sold,
ond
intoroCf
QOCVno/l ;
49d Afift*
CPOUriTlfm
and interest accrued, $24,068; securities
banks,
vr./'oivri Kl
31,
31, 1948
3i/ 1948
MARCH
SHEET,
.
ASSETS—Cash
SETS—Cash
'
Chicago & St. Louis RR.- -No Merger Plan
for
charges
System.
Following sale of Its properties, Bfelloivs Falls com¬
pany plhns tb redeem its first mortgage 5% bonds on the heXt redemp¬
tion date.—V. 167, p.
1696;.'////'-.. *•
•-•
1,257,245 /
three
59,965,315. kwh.
Electric
.
Decrease
of
owned by Connecticut River Power
three«companies are- Wholly owned
All
«
iv
$1,546,452 V>.
1948-
cu.
company/ it is reported, will ask permission of Federal and
utility commissions and the SEC for authbrity to isshfe hdt lhore
than $11,000,900 30-year first
mortgage bonds.
Proceeds will be used
to buy
properties of-Bellows Falls Hydro-Electric Corp., a transmission
owned/
securities
of
r l
v^';.V• ?/-c;■/.!*"/-■
cost;
1947___—
31.
March
appreciation
(On
9,893,000
•*'•■/
New
/;•/ ■■r ■„/
''"'V/""':/'
,
week
above
or 2.75%
corresponding week a year ago.
is reported at 175,092,000 cu. ft.
ft., or 5.99% above production
State
net profit from sales of securities (computed on the f
average costs) after deducting $184 for state and municipal.'/
of
30
the
The
*
/(to) Realized basis
of
for
tax
"regu-*
a
production
v.,
,
.
approximately $1,100,000, the affiliated Pittsburgh &.
teh
1,000-hp. switching locomotives.^-V. 167.
New York, New Haven
Gross
Association-—Output—
increase of 64,771,000 cu.
ft., or 8.89%
cu. ft. for the
corresponding month a
an
v"
,
kwh.
the April
increase
an
ago.
Gas
54,000 /
security transactioris.
output for
is
year
$88,716
-
Gas
:
,
and
ordered
-
-
.
,
of 165,199,000 cu. ft. for the
corresponding week a year ago.
•/•'For. the month ended April.30, the Association
reports electric out¬
put/of 62,637,720 kwh. This is an increase of 2,672,405 kwh:; or 4.46%
10,285
$75,634
/
/ Vj NOTES—(a) No provision has. been made for Federal
op .net income as the corporation has. elected to. be taxed
; -
plan
tNet
This
3,864
3,470
/
Z
locomotives.
■•'.•; ■>'
sdttte
"■
Income
■J
totaling
1948—4 Mos;—1947
$3,949,698 $15,117,959 $12,978,114
kwh.(
$80,952
$97,996
.11,431
Dividends i
1945
$82,232
2,731
$86,652
income
1946
$95,265
4,476
1
Expenses j
'
transfer
of
RR.
New York
For'the Xveek ended April 30, this Association reports electric output
01-14,321,089 lktfh;rTht& is an increase of 382,887
^
1948
$82,176
income
Total
-
-
..'
*
"
bonds—__
on
-
portion,
merging this company, with the Wheeling & Lake'Erie
by the Nickel Plate board bf directors, Jbfin W
Davin, President/ told stockholders at the annual
meeting held on
May 5.—V. 167, p. 1812,
:
:
_
-3 Mos. End. Mar:31—:'
JFtR.'s
1590.
production ;0f , 13,938,202
National Bond & -Share -Gorp.
>
Erie
/'No
Inc;-^Apnl Sales Slightly Higher-
"'.'•New England Gas
-
•
Belt
Ry. has been accepted
1590.
p.
cost
a
Yet Accepted—
-
Neisner Brothers,
>.
!
Harbor
,
.
/ Sales$3,954,693
-^y. 167,
2,000-hp.
Lake
,
Period End. April 30—
31,695
Indiana
period End. Mar. 31—
jncome
*Loss.—V.
.
$1,198,098
-
590,000
.
.
Net:
Mar. 23/46 Mar,
....
Net ©per, revenue..—
Other income .deductions
yj>,
$1,525,447
Net profit.
Earnings ' per.. Com. -sh."
.
affiliated
At
22/47
8 Mbs. Ended-
r,'\, i Feb. 29^'48 Feb.28, *47 Feb. 29, '48 Feb. 28, '47
Operating- ■ revenues: —t; '£>'$136,542 4 -,$983,380
$5,356,989
$7,212,410/
IIJWjS?-'. Operating
expenses.'.rJi
'456,91 !"►
858,985 '7,089,611
; 6,531,07b •/rt>
taxes
l_A/_._//_j__/_
ten
:»
'.Mar. 27,'48 Mar.
before Fed.
taxes. /
V»
eighteen 3/
'X;/'///////.;
The
,
ProV.*for .Fed; -income
~
v
covers
$3,509,000, is composed of fifteen 1,000-hp. switching locomotives
tSor-r-
1
Profit
'
r
lr: 1*.'.v ,-X Period-—«
.
•'/
Earnings Show Gain—
3,038,383-
*60,591
:
'
-X Natidital AiHtnqsi infc;—Earnings—>
P'v i-C
-—-Year to-
.
24,' 1>48.
This
freight Ibcomotives
composed of two 1,500-hp, units ha
4,D0O-hp. road freight locomotives composed of two 2,000-4,,,
each: twenty-four 1,000 hp/ sfritchlng
locomotives, and ten 1
switching locomotives.
-•
.■
•/
7,446,389 " 10,328,176 .:
1,252,809
542,667
'
1473.
p.
rdad
!: X -V
V
April 24/48 April 19/47 April24/48 April 19,'47
Sales.//______________ $20,363,987 $16,009,574 $82,920,596 $60,532,055^
-'Thie huiiibfer "bf "stbrfes incrfeased from 680 in 1947 to 693 at April,
653,2811
*538,048
•
-
1,214,896
-
-My
tfon totals approximately $li,00o,boo.
Sales trp 27.2%-
194G
.1948''' '■ * 1947 '
/- 1945
railway-,':-- $3jil«ie47^ $2,723,306 '$2,661,414 -$3,7li,7i7
Gross
Net
'
.
AND
1852,
BUSINESS—Company
name
was
corporate name of
adopted Aug. 22,
made in previous years.
under
Present- corporate
changes in
contemplated to permit
stock after the sale of'
the
name
was
organized
in
New
York
Ithaca Gas Light Co.
1929, following several
Company is an operating public utility engaged principally in/the
production, purchase, transmission,
distribution and sale of elec-
■
,),
State of New Yoik.
ye
Moreover,
Island
*
„
Corp..
Edison
of the area of the State.
Within these :areas *
he company serves 13 cities, 146 villages and 388 towns which include
umerous
rural
areas,
in the'central, eastern and western parts of
he State.
The population of the territory provided with one or more
ervices by the company is estimated by it at approximately 1,128,0000,
i which the company estimates
about 70% is located outside the
■
about
or
35',*
limits of cities,
orporate
large
Total
operating
13,061,575
—*
3,589,846
in
large
Co.
Also,
effect
the
ol
higher
$15,843,000
was
12
basis
the
with
March
010,782
porate
earnings
Is
1,791,000
1,035,000
during
the last
12
3,888,696
3,469,232
,231,332
__~:*~—
—~
$6,371,636 : $6 139,877
*****—_
$6,038,617
5,856
8,193
24,865
$6,644,473
$6,379,885
1,931,167
$6,164,742
1,806,276
Operating income
——•
■:
.—-
2,008,408
income deductions**—*_.
by
'•
Income, before reduction in
$4,448,718
Cr342,000
West
income
Net
was
utilities
Mr.
1.—V. 167,
June
1925.
p.
the
,The
directors
stock
column
first
(see
comparison):
•
$0.09
.09
-
-
stock
—
—
/
-
.08
**_*,:*
T
i
—-
.•**
'
,
—***■
.10:
:
Railroad
PL
i;
-
„—i—■*.
Inv.
Diversified
J
Power
held,
.05
shares
;
.05
,
A
.23
.09
.12 '.
.
"Includes
stock
1
and
trie
common
.19
.06
7
-
Net ry.
!
*
•A
.
of
l,
from
realized
'06
'.16
':
■
■.
,1'J ' *
,
^
ivA:;.7
profits!—
security
:
&4'.
:&'• \\
Western
&
1947
i
$367,765
75,197
1945
J 203,773
,-67,747
42,490
75,732
1,303.146
995,292
330,957
income
Vv
V
79,159
-
.V '•»)
•/'
v..
is
127,802
Shipbuilding
contracts
Ship conversions
and
c-
repairs-
Hydraulic turbines and
work
Total
at
and
billings
the
Mar. 29, 48
i
accessories.
operations
*
t
of
major
»
_**•_
———
balance
close of the
unbilled
4,095,000
' ■"s
338,000
.
arc
$U3
pleased
167,
1812.
p.
$8,723,000
:-'v
12,174
A
?
in
share
.A,
March—
North
From
Net
oper.
Jan.
from
from
Net ry.
served:
York
dividend
for
paid
stock,
__*__*_._
dividends
21.094,932
22,349,766
6,937,410 y 3.996.151
14,157.522
1,230,000
share
1,230.000
'. 8,223,352
y
.
periods
ended
$1.54
;
refund
$338,000
directors
$.92
arising
the
for
in
voted
18,353,615
M 4,920,000
4,920.000
3,089,010
estimated
an
,1,384,639 A* 379.676
.
2,432,360
1947
April
carrv-back
and
'
$5.34
of
excess
$2,582,000 for
the
>
to
28
14,779,948
'
$3.31
from
three-month
issue
v
601,262
,
additional
shares
common
stock, to be sold to shareholders at $100 per share.
It is expected the subscription rights would be
given to holders of
common
or
preferred stock of record June 15.
One right would be-
Issued for each six shares held.
The
of March
proposed
is subject
issue
to
approval
Proceeds
facilities
to
of regulatory authorities.
covering expenditures for
expansion of facilities.—V. 167, p. 1812.
would
be
to
used
advances
repay
Packard Motor Car Co.—New Record Output—
A
total
high
loans
cars
8,757
again
that
hour
produced in April, exceeding
was
turned
the
out
company's
in
mid-April,
announced
last
March,
production
it
rate
the previous
announced
was
increased
was
on
to
55
George T. Christopher, President and
still another boost in the hourly
that
Into effect May 3.
went
"We
re¬
units
units
Manager,
per
rate
North
were
of 9,269
of
May 3.
Disclosing
which
of
that
report
of
of
4.
cash
25
three
100
also expect—providing there are no upsets in the
increase daily production in June," Mr. Christopher
The
picture—to
said.
produced 27,206 units in the first four months of this
company
year despite the loss of
the
to
gas
14 working days in January and February, due
shortage.
This total compares with 16,020 units
like
period
industrial
producedrin
shares
of
of
be
of
of
has been
to
scheduled.
increased
service over
between
each
of
flight
and
Montreal;
Worcester.
perform
total
a
of
313,542
Increase of 45,226
an
routes
following
Portland,
Yankee
Fleet
monthly under
263,316 miles previ¬
/
*; '**•*
^
i ij.-
'
•'
W'
The
,
end
"
1948
.
T940
-"
,The
1945
tonds
output
30,288,892
to
J-
1948
1—
.
1947
1946
$697,286
3,786,540
6,254,414
3.510,080
16,745
4,036,647
1,837,414
87,463
33,923
-
had
of
this
the
compared
as
week
with
ended
52.290,000
1,
May
kwh.
66,135
1,936,964
from
Net
ry.
From
2.191,813
2,131,880
railway******
424,607
398,107
income*
143,717
_*
167, p.
104,935
3G9.970
37,190
142,597
1925.
North'American
proposes, to
Gross
Net
Net
f
Co.—Decides
Utility Businesses—
company
"56,969
1,955,641
273,260
.
Net
purchased
a
:
to
Stay Out of Non-
withdraw
.
an
increase
of
8,7%.—V7 167,. p.
on
majority
May.
of
' /
Jan.
the
the
of
ry.
-
its
Plan
III
under
the
Public
from
C
-
*
1946
-
$349,281
22,054
65,333
"211,077
1,620.416
975,856
222,223
344,678
"
r
1945
"164,453
-1,835,924
Net
'■JNet
7
income... 7
"36,963
"365.305
'■
March
service
on
l
the
made April 28
No
The
Old
Colony.
was
that
The
Oct.
1
asked.
.
said
it
by
.
31,188
V
said
■.
*
7
306,648
abandonment
was
was
agreement
by
,
•
the
at
$8,635,*
of
sales
the
7
new
its
the
contemplates
1948
that,
and
in
proceeds
to
expenditures
in
the
the
be
amount
linance
to
from
estimated
and
1949
order
sale
of
this
the
received-from
working
and
years,
have
be
to
it is estimated that approximately $500,009
provided from the sale/before the end of 1949,
ot a type not jet determined.—V. 167, p. 1697.
^V.'//.'-'*- '•?• 'i-X'"•';'
'■
, 1946
- 1945
?:
railway_'J*£ $77,883,945 $74,739,952 "$70^44,143 $88,151,656
1—
8,441.091
272,616
!
.
11,578.470
4,806,267
rv.
"
railway**** 229,594,814 211,610.445
25,071,074
railway*.****
23,449,414
Income
oper.
8,230,257
2,436,711
/
3,276.636
22,835,232
3,818,466- 14,520,571
.
'
from
from
'
.
*
.
198,093,525
239.173.029
16,955,931
50,829,698
4,779,358
26,346,219
-
167, p. 1848.
from
Net
ry.
Gross
i
was
railway
income*—
oper.
Jan.
from
.
.
$819,872
railway__*l*_
i: *145,832
1946
*-v
1945
$699,816
"94,619
*! "93.757
'301,305
'268,489
"81,477
2,126,870
1,915,187
2,328,719
"449,026
"473,340
65,118
'1,065,341
'984,293
*550,043
i
•
"364,522
;
Lines—Earnings—'
1947
$778,851
$902,821
!
140,024
1—
railway*.
Net
from- railway
Net
ry.
oper.
2,315,163
-
*—;'/• *533,891
income—..
"Delicit.—V. 167, p.
"1,191,148
15S1.
;
;
J
•
any
1948
from
Net
Pennsylvania & Southern Gas Co.—Securities Offered
Co., Philadelphia, on April 20 offered $76,OOu
first lien collateral 5^% bonds due 1968 at 100 and in¬
•—Bioren &
com¬
become evident during the last several
satisfactory to - the people of southeastern. J
conceivably in sight before next Oct! 1, when. the.
scheduled.—V. 166, p. 1C87.
of
years
use
hand
on
raiiway_:„__
ry, oper. Income**-
Gross
158,093
directors.
or
company
Pennsylvania Reading Seashore
.
had
no; solution
Massachusetts
the
RR.
Commonwealth
will
March—
1,566.969
postponement to
abandonment of passenger
Governor
the
it
cash
in, excess
"From Jan
—V.
announced
at a meeting of the New Haven
Governor
and
from
From
announced
from
funds
*
132,119 .7 "526,600
Massachusetts
selt
1948
private sale
88.556
;
financial-contribution
munity
weeks
the
of
of
May 1,
for cash at
estimated
are
proceeds
states
company
from
Net
v
$542,860
'
Bradford
will
Net
Old Colony RR.—Abandonment Put Off to Next Mar. 1
next
Herbert
1947
expenses
the
The
purposes.
The
program,
few
next
Gross
143.228
and
issue
of
additional securities
Gross
this
r
$592.56G
1—
railway...'*
railway......
oper.
■,'i7
194s
the
Pennsylvania RR.—Earnings—
March—
i-fti'.>7" f • 1948 '7 / 1947
Billings State
rS. !/-7,
110.012
;
from
from
bonds
cash
the
"
that
in
and
u*e
portion of
a
1925.
announced
3
stock
$078,431
income.
Governor
:»Freeman, told- stockholders April 26 at their 58th
annual meeting.
Since the-plan was filed with the SEC
in January, 1947, no defini«ve program has been submitted by. North
American to make it effective. Mr. Freeman explained; adding:
■
'"The large expansion program now under
way in the utility industry
cans for substantial amounts of adidtlonal
equity capital Your directors
'
railway....
"Deficit —V. 167, p. 1591.
.
Utility Holding Company Act whereby it had intended to retire
public, utility business and enter other fields, President
the
■V;;L.777 ;',.,7'.:';'r;'
railway..*.!,. .V
oper.
Fees
will
•"
year,
The bonds will be sold
Privately—
to
as
capital, .interest and dividends.
Such amounts will not, in the opinion of the management, be adequate
to, finance all the construction requirements of the company during
1948,
for
Bonds
3 asked SEC permission
mortgage bonds to be dated
1978.
such/
for
$3,860,000*
new
(Del.)—Weekly Output-
for
company
kwh.,
in
$.986,465.
operations
Billings, Mont.—V. 166, p. 1153»;*v;7.7'
from
Gross
'
railway****
oper.
160,597
Subscriptions—The
May
first
provide
construction
,602,635
Thomson,1 President,
Cameron
March—
$701,608
■'
and
1948
;
Co.—Stock
property additions during the
of,
.916,793
1,006,073
■
^Northwestern. Pacific KIL- -Earnings—
1945
$695,397
123,968
12.
inclusive, and is
offering in V. 167,
were
on
company
to
made
,693,368
| Northwest Bancorporation—Expansion— '
corporation
March
1948.
Sec
required for the construction
acquisition of permanent improvements, extensions and additions
its property or to reimburse .its treasury in part for expenditures
or
p. 1812.
56.850,000
to mature
for
33,900,661. 33,088,511
corresponding• week last
v
cents
$4.50,
was
of new
aggregate
:
"
1947
Northern States Power Co.
Electric
totaled
6V4
par
to institutiohfl ijvestors at S9l/a% of the principal amount and accrued
Interest
to
date of
delivery.: The bonds will bear interest at' the
rate of 3% per annum.
Net proceeds to the company are expected to
.
railway....
/v°Deficit,—V. 167,
&
Telephone
company
$1,000,000
»
Ry.—iEamings—,
'
oper,; income.__
ry.
7'f0.
.
15,
cents.
of
stock,
5.
accrue
May
Pennsylvania Power Co.—To Sell
•
in Northeast's, schedules is
planned for May,- 28.
to provide
adequate service for the many vacation travelers
carries: each ye4r—V ; 167, p. 1154.- •- •
•• •"
From Jan. 1—
Gross from railway.*..
Net
to
to
May
V, 167, p. 1848.
see
'&%$?■
increase
from
commenced
12, 1948
dividend of
dividend
participating
record
expired April 28. All
subscribed for by stockholders and
purchased by officers and employees at
$37.50 per share under the subscription plan. The^offer
was underwritten
by Morgan Stanley & Co.; Coggeshall
& Hicks, and G. H. Walker & Co, For further details,
railway____ $11,786,010 $11,500,G98 $10,571,078 $11
534,165
Net from railway.**.*.
1,583,509
2,374,528
14,674
236,887
Net ry, oper. income
672,381
1,649,687 : "386,161
,361,894
Net
,
Northeast
-vV
line
55,477
*7
share for each five shares held
this balance
by
operates
60-passenger DC-4 Douglas Skyexclusively over .its New York-Boston run and serves 7
England points with a fleet of eight Douglas
24-passenger
further
of
March
but 842 shares
almost
New
total of
rights issued to stockholders to subscribe at $37.50 per
share to 35,374 shares of common stock at the rate of
director
the
miles
the
over
quarterly
.!
Peninsular
1948*
and
Boston
stock
the
on
period
init-a!
an
cumulative
stockholders
the
1367.
p.
Elec-
a
declared
3
35-cent
to
15
full
covers
not
May
on
the
on
May
Dividends
the
share
2
a
its
Mass..Northeast's
the
American
March
elected
share
per
payable
stock.
Pctomac
directors
The
stock
at
a year ago and with
1947.—V. 167, p. 1925.
of
Parkview Drugs, Inc., Kansas City—Initial Dividend-^
Electric
paid
North
record
units turned out in all
fractional
common
the
,v:
.
distribution
common
per
shares
'•
common
lieu
will
cents
holders
7
Wisconsin
Co.
In
American
of
each
to
Boston
and
Northern Pacific
;
228,359
Income***
"Deficit —V.
The
income
new
liquidating
June
North
corporation
■7 March—
Gross from
'
$839,808
_*
Gross
.
to
bank
American
record
of
On^ 'found-trip
present
Bank at
Ry.—Earnings—
-•' -y.
Gross from railway—
Net from railway
Net' ry.
.
amount
million,
to
Dock
common
of
dividend
stock
were
this
New
order
the
11,443
'
>
Norfolk Southern
•
3,700,504
;
deductions
The
:
,
5,528,459
(net)_^
income
General
Our
partial
a
common
cash
a
company
tions.—V.
,
1,175,960
of
electric
,
743,000
reports income from long-term shipbuilding contracts
percentage-of-completion basis; such income for any period
will therefore vary from the
billings on the contracts. Billings and
upbiUed balances on government' contracts are. subject to any adjust¬
ments which might result from
statutory repricing and profit limita¬
-
4,876,434
2,306,506
the
on
■-
Electric
per
schedules,
masters
$70,522,000 $46,260,000
Number of employees at the close of the
period
The
$3,547,000
1,272,000 y
1,337,000 /
$20,780,000
——
contracts
period—
"
13,457.000
—
_J__
.*
$4,714,000
Mar. 31, 47
25
scheduled
now
ously
449,916
\)A'\A'i'A
.
A vA"v ■•'•%/'!:
Ended
of
shares
common
cities
and
the hew
1,230,999
'
*762,907
y
1590.
p,
••'
Weeks
Estimated
to
Dosltion.
declared
shares
100
held
17%f}?< adding
Me;;
$471,843
1,089,348
371,039
256,311
"11,934
three
23
liquidating
Co.
April
DC-3 S.
120,514
!
April
on
last,
stock
terminal
l—AAA;
railway.—
railway
•••.',
y
$388,179
138,766
;S
175,625
1946
•>
Newport News Shipbuilding & Dry Dock Co.- -Billings
Other
7,834.965
V.
other
7
income—
.
RR.—Earnings—
■
13
93,119
one
.08 :
,
.15
:ySM3
paid
1948
opcr.
"•
22,729,442
536,213
income
To Issue Rights, to Stockholders—
history,
7.7'",
cents
partial
a
On
k: kM'tt
from
:
"26,378,642
19,710,233
12-month
to
167, p. 851). ",
'
William C. Hcise, Assistant
Treasurer,
—V. 167, p. 944.
,13
,07
'
Susquehanna
"Deficit.—V, 167,
*
26,636,094
4,969,583
income
per com.
be-spent during 1948.
financial
1948
each
1,
Power
(see
.05
"•'-■'.IT'
.
f
.15
$490 606
opcr.
ry.
"6,966,616
7,298,747
ling
profits credit of
Northeast Airlines, Inc.—17%
Increase in Service—
.13
•;^04'A
■
.'!'"---,09'
.13
railway.,—'
railway.,-
From Jan.
Net
7,538,460
opera
"Includes
'
.
;04 ■:
654.
Net from
219,766,452
Earnings
,10
•
•
; 48
"
.
.06
12
,
v
.11
W
dividends
from
Gross
strong
31,
Wisconsin
48^
.03
.09
.07
fund
year-end
York
from
Coa!—amounts
to
REDUCED—"We
a
of
April
.08
.16
;.i9
.09
Investment—
March—
Net
$
268,874,545
same
■
for
of
ol
■At
Gross
$
weeks.
Kentucky
in
rate
Co.
On
.03
.18
.
series********
p)d.
Coast
p.
is
Nevada)
of
291,061,206
dividends
the
scheduled
March
Sub.)—Earnings
1948—12 Mos.—1947
244,714,879
Net
$5,000,000
the end
Its construction of
payable July 1 to holders of
.01
;
.10
.03
'.05
Shares——
bond
Diversified
New
is
LOANS
the
rate
,,12
.06
.14
-
;
.10
13
.15
'
v.-167,
invested
the
etc.,
s
of its electric load. In addition, Union
the public offering of $25 million of deben¬
six
finance
directors
at
.07
series-.
The
'
Pacific
financing
of
close
56.481.396
Preferred
Distribution in Wisconsin Electric Power Stock—New
.07
.10
.
1
—
Fund
bonds
Ind.
Corporate
investment
shares
the
68,417.595
$1,090,000
their
in
five
of
as
growth
next
Director—-'^
.06
.05
-
Tobacco
Co.
-
.08
,
.02
,*i*
Steel
.■• •-
n'ii.05
"it ■
.14
-
equipment
.04
.02
*
Diversified
y
.
:7
.12
——
•
-;07
>24
rxppp*
,07
.12
utility
Government
•
.07
,
Oil
Railroad
the
West
on
08
.10
Merchandising
-y
:
V*yvlO
W'ft: .10
..
.09
.09
-
v
Machinery
F ublic
and
million
.10
t09
^
— ***—
—.
stock
Metals
&. .03
V/V .04
.07
'.m#
equipment
fnsurance
.7,: a .06
.08
viao'j y
Chemical
Food
.
L08
*—***—
***_
supply
Electrical
in
1948—3 Mos.—1947
expenses
Common
;
American's
expansion
American
of Union Electric Co. at
additional
an
company
greatest
each
underwriters,
66,004,('53
Total
experiencing the greatest
now
of
80,841,860
?
7%.
quarter earnings of
is
North
End. Feb. 29—
Interest
commercial
to
up
for
expired
names
V
Taxes
$2,147,000 and Bank balances and shortterm governments on that date after
provision for the April 1 dividend
were slightly
in excess of $8,000,000. We have no debentures or
prepreferred stock dutstanding."
$0.07
$0.24
were
WAY—North
the
"The
stock
common
should
duced
8-25-47
*11-25-47
,
$0.09
.
;
.02
:•
—i_w—:
_**.*.
Aviation
Building
.
sales
rights
"
Automobile
Bank
2-25-48
5-25-48
■'
Industrial Series—
Agricultural
UNDER
tremendous
American
'
'
.
first
ago,
of
midst
the
declared.
itself contemplates
BANK
the following dividends on the special
payable May 25 to holders of record May 5
below—with
three previous
payments shown as
"
declared
have
vear
The
s
companies
totaled
1.3
of coal by West
while
ago
stock
common
tons, "an
year
whose
a
of
1943.
■£s:
first quar¬
the
for
15,
For further details,
Operating revenues
Sales
1947.
over
industrial customers
,
this corporation,
of
electricity
the shares
investments
of
sales
of
Opera! ing
to
or
These funds, together with cash on
company's requirements throughout 1949.
"The total construction at
present budgeted by our operating com¬
panies—Union Electric, Kansas Power and Light, Missouri Power &
hand,
$34
Inc.—Distributions—-
Stocks,
York
New
to
a
in
within
Light
;
on
amounted
46c a share
these actual cor¬
in
and
operating
..
8.8%
1,702.000
EXPANSION
that
tures
'
,
,
of
above
$544,000
contemplates
meet
"
'
and
with
are
Electric
April 30 filed a registration statement with the SEC
shares ($100 par) cumulative preferred stock.
The
the underwriters will be determined by competitive bidding.
will be applied toward a construction program.
Expected
35,000
Proceeds
10%
Freeman
and
Registers 35,000 Preferred Shares—
of
reduction
distributions
the
the
Net
totaled
11%
up
in additional
•
The company on
names
company
1948
30.
1812.
p.
share
April
on
April
167,
Period
for
assist
covering
increase
Co.
were
RECORD
tOf which $1,380,000 in each of the years
and/or bond acqui¬
Commission, which
appropriated for construction
sition
in
accordance
with
orders of the P. 8.
orders were rescinded as at Dec. 31, 1948.
1946
and
1945
The
ago.
the
the
31,
$3,918,000,
96.9%
(Including Subsidiary, Bell Telephone Co.
a
the
interest
parents
(reorganized in January, 1946, under Chapter X of the Bankruptcy
Act), which deductions arc no longer available in-view of the reor¬
ganization of such parents.
year
to
of
March
with
represents
Pacific Telephone & Telegraph Co. (&
for
share,
a
V.
see
any
month in that company's history,
Mr. Freeman, told
stockholders.
"We
expect that company to Improve upon
the
already outstanding progress it has made in comparison with the
Industry since 1939," he added, pointing out that It shortly will begin
to develop a new mine at an estimated cost of
$2,000,000.
$4,636,005 t$4,448,718 t$5,300,466
——
"Resulting from deductions. In the consolidated return, for
and
amortization charges
on
securities of former indirect
Earnings
ended
$2.04
or
This
the
additional
one
them
by
business
12
the
$1.48
or
for
held
months.
Kentucky Coal Co.,
compared
1947.
compared
American's ' present
an
users
were
sales
'
share
of
increase of 30% over
Sales of both electricity and coal for the period established
for the respective companies .Sales of electricity to resi¬
highs
dential
a
due
$17,471,000,
for
alone
$12,698,000,
and
Co., Inc.
Other
Coal
year ago.
new
$4,358,466
*_**__
$4,636,005
taxes*
kwh„
Kentucky
users
"Reduction in Federal income taxes-
&
V
"
*
•
American
to
stock,
common
share.
a
North
UP SHARPLY—Sales of
North
billion
a
Gross income
Total
quarter
SALES
COAL
ter
Other income (net)—————
subscribed.
The offering was made in a prospectus dated
April 16, 1948 and
provided that stockholders be given the right to subscribe at $40 per
and
and
American
North
of
share
a
amounted
months
share,
a
2,547,288
31,
three
the
30c
same
of
1948
of
1948
$1.46
were
earnings
compared
for
or
31,
$1.85
or
31.
ended
months
$2,551,000
for
March
share,
common
same
net
corporate
ended
3,196,519
taxes
March
forma corporate earnings
Actual
,202,330
ended
months
1,673,000
Other
*
\
12
the
Cor¬
remaining 9,930 shares, or 3.1%, was
purchased by the underwriting group headed by Blyth
effect to the company's distributions of major utilities dur¬
last year, and also to the proposed liquidation of North
American Light & Power Co., "pro forma" consolidated
net income
for
Subscribed—The
of common stock recently offered by the com¬
for subscription by its common stockholders have
offered
is
This
1947).
the
3,071,640
——
taxes—,
in
Corp.—Stock
been
($107
made
been
Lighting
pany
Giving
ing
3,612,226
—;
have
stockholders
covering
shares
helped them, to some extent, in absorbing the
level of costs for fuel, wages, materials, and
supplies."
Federal
income
which
the
to
SEC
poration has announced that 311,796 shares of the 321,726
Freeman
part to the increased earnings of West Kentucky Coal
continued growth in the businesses of our remaining
the
Depreciation of ut 1. plant
laintenancc
investments
of
distributed
were
with the
filed
was
,
Pacific
position to deal."
at present In a
are
letter of notification
a
sinking fund bonds, series 1948-1973, to be offered at par.
Bioren & Co., Philadelphia.
Proceeds will be used for
personal and business requirements.—V. 167, p. 851.
v
electric subsidiaries has
pro
$35,583,089 $33, 344,576
10,995,555
10,,059.402
,656.850
7,217,803
$40,535,601
revenues-..—__
lectricity A- gas purchased for resale
assets
due
1945
1946
1347
Operating expenses
distributions
million
months
YEARS
we
MAINTAINED—Mr.
April 30
Underwriter,
reported that the
earning power of the investments underlying North American's com¬
mon stock has been well
maintained, "making due allowance for the
Chicago.
Inc.,
CALENDAR
FOR
which
with
POWER
EARNING
subsidiaries
Co.
Stuart &
INCOME
OP
STATEMENT
(Joseph J.) O'Donohue, IV, N. Y.—Files with SEC—
On
$160,000 5.5%
those
to
as
Monday, May 10, 1948
•.„
■
already has been compiled with almost entirely
utility holdings
"
BONDS—Halsey,
OP
PURCHASER
r
furnish such capital to
to
the
in
That order
.
niles,
the need
■
/
the preferred stock (the only^oting stock)
an operating public utility company, ,
at the income received by the company from its investment in sucn
.{bsidiary
is not significant.- The company has entered
into an greement (subject to the approval ot regulatory bodies) to sell lis
rterest in Staten Island Edison Corp.
to NY PA
'
ormer
parent of the company, for $272,500.
General
ic"
Jorp., present parent of the company, succeeded to NY PA NJ utilities
;o. under such agreement upon dissolution of the latter company on
3ec. 31, 1S4G'.
'V..
,'A ; A;" V' *.■-••"' ■'
■ ;•,*'•'
'"• /'■,
The company provides electric or gas scrviceor
V.? the State of New York aggregating approximately 16,700 square
The company owns all of
V Staten
opportunity and
non-utility field would be Impracticable under existing
conditions.
'
'V. V/,
'■
>
!'•••'■ \ '
1
1
; \
"Accordingly, It is proposed to withdraw Plan III. This, of course,
does not affect the divestment order of the 8EC issued in April, 1942. capital
entirely wkhin
located
properties are
Company's
service.
CHRONICLE
FINANCIAL
&
companies -is of paramount' importance at this time.
formulation of any definitive program for the use of
operating
the
our
extent only,
portation
the
that
believe
the production or purchase and distribution and sale
and manufactured gas. It is also engaged, but to a
in rendering steam heating service and bus trans¬
Alcity, and in
~l natural gas
.«iinor
COMMERCIAL
THE
(2034)
10
terest and
1,900
shares of 6M>% cumulative preferred
- Proceeds will be used for
addition¬
stock at par ($100).
al working
capital.—VV167,
p.
1591.
~
V:;;:
..
*
—V.
1367.
167, p.
'
approximately
of
v">■
national
announced
unissued
Subs.)—Earnings—
Phillips Petroleum Co. (&
1946
1947 '
1948
Quarter Ended March 31—
-——$100,646,352 $61,735,690 $46,357,848
products cold, operating and
gen. exps., gen. taxes,
int
64,636,730 42,950,917 32,880,327
Provisions for
contingencies
—.1/
1,000,000
1,275,000";
Reserves for depl. deprec., develop...
ment costs and retirements,
10,347,274
8,078,418
7,934,788
Provision for Fed. taxes on income
6,508,200
3,221,000
1,297,800
income
♦Gross
...
_
of
Cost
6.—V, 167,
May
Net
profit
share
per
6,045,106
4,916,987
stock
4,916,987
The
$0.86
$1.26
$3.00
._—
_
paid to Federal and state
167, p.
12.1%.—V.
of
increase
P.
The
the
to
exhaust
163,
interest,—V.
2586.
p.
the
Public Finance Service, Inc.,
The
company
Philadelphia—Files with
April 28 filed a letter of notification with the SEC
cumulative debentures due Dec. 1, 1962, to be offered
on
$250,000 6%
par
of
operating capital.—V, 164, p.
2734.
Public Service Co. of
first
Definitive
form,
,,
Colorado—Definitive Bonds—
series
2%%
bonds,
in coupon
1977,
due
outstanding tem¬
for exchange for presently
available
now
are
mortgage
,
on
meeting
period
subscription
the
During
the
underwriters, in
several
addi¬
initially offered by them to the public
sold
5,019 shares of. common stock at the public offering price of
$23.75 per share less the concession to selected dealers of 95 cents
per share, to selected dealers or underwriters for resale to the public
at the public offering price of $23.75 per share.
5,019 of the 6,173
shares of unsubscribed stock was delivered by the several underwriters
on
account of such sales.
The balance of 1,154 shares was offered
by
the
several underwriters. '£ (For details of
offering, names of
.underwriters, etc., see V. 167, p. 1849).—V. 167, p. 1926. ,
, , *•
the
to
tion
shares
100,759
Queen Anne Candy
:
ft
'
charge of
domestic
Other income,
Total income
;
;
patents & patent rights.—,
Amort, of
—
Interest
'
.
-
taxes.—/—:
Balance before income
Provision
for Federal
of
Portion
income taxes
incurred
exps.
for
:
■
During the past
/u
profits,
net
increases
hourly paid
$4,680,065
788,200
/
"Today,
there
be
are
in
the
homes
of the
public.
."now
air with
40.000.000 people/and
•
on
the
General
public
j-
■
Sannbff
television stations on the air. More than 40
and at least half of them are sched¬
before the end of the year. Television stations
daily programs reach territory inhabited by
this .coverage is expanding rapidly."
acceptance,
stated' that' FM
and
technical development
recalled
that
broadcasting
-
is
RCA -hfaiiibeen
of FM since 1924.
winning •• wider
active
in
program.
.
"'''■.
^
intends to carry forward its construction and
funds derived from ihe following sources:
The company
/
with
program
■" 'i>..'-■r-f•
■! "'
,-urU
forma
pro
which
was
December,
in
////;;//;//:/■/;/',
>
CAPITALIZATION, GIVING EFFECT TO
PRESENT FINANCING
*1947
■
,
4
tBased on 490,840
•//
2%% notes due serially 1955-1962 and $400,000
Chicago at 3% per annum and
1949-1954.—y. 165, p. 2143.
Cleveland—Calls Stock—
/
New
the
Power Co.—Financing
to
-
the
serve
167,
sell,
The
p.
1927.
/•
,
Simonds Saw & Steel Co.—70-Cent Dividend—
directors on May 3 declared a dividend of 70 cents per
The
.,
(Alexander)
Smith
with SEC—
Sons
Carpet
'
"
.
.
Co.—Registers
^
company on
South Carolina
Electric & Gas Co.
—
Acquisition of
Co. Approved—
,4
Federal Power.Commission has approved the acquisition of the eommon
stock of South Carolina Power Co. by South Carolina Electric &
Gas
Co., S.
C. McMeckji), President of the latter stated that all
requisite'regulatory and stockholder approvals have now been received
South Carolina Power
l
..
substantial sales of natfira*
,
^
•
tively,
Lehman
are
follows:
as
/.
-•
Brothers ——
Corp.^
American Secur.
,
.
Brawlev.
'
'/
J.
Barth
&
Bear, Stearns &
R.
l!
—V.
,
Stone
167,
$4,200,000
2,000,000
500,000
2,500,000
Co
Co.
Day &
He "den.
/
Co.—
r
This compares
1947 were as
15, 80 cents;
April 29 filed a registration statement with the 8EC
covering 50,000 shares ($100 par) cumulative preferred stock.
Under¬
writers,
Morgan Stanley
& Co. and Dominick & Dominick, New
York.
Interest rate and price will be filed by amendment.
Proceeds
will be used for general corporate purposes.—V. 167, p. 947.
The
v
&
*
share,
and
and
this area.
„
payable June 15 to stockholders of record May 19. 1948.
with 60 cents paid on March 15, last. Payments in
follows:
March 15, 60 cents; June 14, 70 cents; Sept.
and Dec. 15, $1.10.—V. 167, p. 946-
Calexico
commercial customers as well as to domestic
''
/
/V '
; "
Approximately 75%
of ; the revenue of the company's system,;/for
•the 12 months ended Dec. 31, 1947, was'derived from the service 'pr
natural gas to domestic and commercial "customers for cooking, water
heating, refrigeration, "and the heating of houses, stores and offices.
:
UNDERWRITERS—The names of the several underwriters and the
principal amounts of bonds agreed to be purchased by them, respeccustomers in
ri
V.
Ccnlro,
anticipates making
Company
gas.
Industrial
to
gas
company
to
El
at
company
natural
~
has been authorized by the California P. U. Com¬
before May 31, $2,500,000 first mortgage bonds, due
sale will be at competitive bidding.
The company has
agreed not to-sell the issue for loss than 100 nor for more than 102%.
Proceeds
will
go
for construction and for extension of service.—
The
1978.
located
systems
County, Calif., from Coast Counties Gas & Electric Co.
intends to extend its natural gas transmission system
these and other communities in the Imperial Valley /With
Imperial
The
h
Approved—^
3%% series due 1970_
mtge. bonds, 27/s% series, due 1977mtge. bonds, 3%% aeries due 1978cumul. preferred stock (par $25)—
cumul. pfd. stock, ser. A (par $25)
mtge. bonds,
distribution
$100
Pacific
Outstanding
Not limited
$30,868,000
/
1st
Not limited
12,000,000 ^
1st
Not limited • 15,000,000 :*v.
6%
160,000 shs.
108,462 shs.
6'/c
2,240,000 shs.
783,032 shs.
Common stock
(par $25)
1,600,000 shs.
1,152,000 shs.
HISTORY AND BUSINESS—Company was incorporated in California
Oct. 5, 1910.
Company is an operating public utility engaged principally
in tlie business of acquiring, gathering, compressing, exchanging, dis¬
tributing and selling natural gas to domestic, commercial, gas engine,
industrial and wholesale customers in Los Angeles, San Bernardino.
Ventura, Kern, Riverside, Kings, Tulare, Fresno and Imperial counties,
in
California.
Company
distributes natural gas exclusively excep's
that It owns, operates, and maintains butane gas plants and distributed
butane gas,'.'therefrom in 3ix small communities not presently adjacent
to
its natural gas system.
' •'*'/•/ ' !.V
Inurv: "r •* < /
.} si/-;. '■;
;i The, major part of the company's revenue is derived from sales to
domestic customers.
Company also sells considerable volumes of go
to
industrial customers under interruptible schedules.
Such gas i
available after the demands of firm customers have first been satis¬
fied.
During tlie five years ended Dec. 31,
1947, the increase ir
demands of firm customers resulted in a substantial reduction of th'
amount of gas sold to interruptible industrial customers.
Large addl
tional supplies of natural gas having been made available througl
purchases from the El Paso Natural Gas Co., company anticipates •«
substantial increase in its sales to interruptible industrial customer
during
the year 1948 and subsequent years.
Gas sold under such
interruptible schedules is used principally as fuel in boilers and kLln
and these sales compete with sales of fuel oil for similar uses.
Since
1943, the posted price of fuel oil at Southern California refineries
has increased
from 85 cents to $2.15 per barrel.
Such increase ha'
enabled
the company to raise its rates for .interruptible
industria'
gas service an average of approximately 15 cents per thousand cubic
feet, and to continue to maintain a favorable price advantage over
fuel oil;
If the price of such fuel oil were reduced be'.ow $1.75 f>el
barrel, the company would expect to reduce the price of such gas. • /.
On
Dec. 31, 1947, the company purchased the butane plants and
1st
York Curb Exchange has been advised that 4,950 shares
par.
4% series, cumulative preferred stock have been
drawn for redemption on June 1, 1948. Holders of these certificates of
record at the close of business on April 30,
1948 were notified by
mail on May 1, 1948 regarding the company's plan to redeem these
1
shares at $105. The
Exchange has a list of the certificate numbers
involved in the redemption.—V. 167, p. 1699.
.
'
.
.
The
;
expansion
(a) from
net
Z,
•
/
Vi/'.
1947.
'"//'
bonds offered; (b) from treasury
funds
sources, the principal items of
which are the provision made for retirements of plant and equipment
(expected to exceed $6,000,000 annually) and unappropriated earnings;
(d) from advances from Pacific Lighting Corp. (parent);, and ,(.e) from
the sale of additional securities if and when required.
Company is
not now able to state when such additional financing will be undertaken or the nature or amount thereof.
.... >
/
•
-
■
$637,325
$589,443
$1.30
$1.20
including operations of the Dryden Rubber
basis,
acquired
■
proceeds oi the sale of the
on
hand;
(c) from internal
the
v;'.. //'////.
on the second
the old plan. S;
/;/
'
estimates
.
.$658,575»/ / $610,693
dividend requirements.—21,250* 21,250
25
stations are under construction
(to be in operation
any
CONSTRUCTION AND EXPANSION PROGRAM—Company presently
that its construction and expansion program for the yeai
1948 w.ill involve construction and acquisition of gross additions, replacements and betterments to its plant system and properties In the
'aggregate amount of approximately $27.266,CG0.
f
,
.
finished goods." /".■//
have amply justified the op¬
timism expressed at our meeting last year and on other occasions,"/
'asserted General Sarnoff. /'Television began
in 1947 to fulfill its
promise of becoming a new and dynamic postwar industry. It is gain¬
ing impetus daily. The Federal Communications Commission has au¬
thorized 93 television stations. In addition, 226 applications for con¬
struction permits are pending before the Commission.
/< /
"More than 300,000 television receivers are in use and this number
increases daily. By the end of this year, it is estimated that 800,000
uled
a
mission
/,
process, and. $26,700,000 represented
""Outstanding advances in television
.
/
stock
Sierra
to its employees. The average
employees in Its manufacturing
will
of
expansion
and
in
,
of
excess
its
for
reduction
,
to reimburse the company's treasury will beconn
general corporate purposes, including payment oi
indebtedness owing to Pacific Lighting Corp. ii
said $5,400,000 and to finance the costs of said constructioi,
used
proceeds
available
after taxes and
1948
; '/
Sherwin-Williams Co.,
of
in
sets
Vnet
ta^es—„-r_^rt(((,$l,06l,250.> i$980,965
;,;y402,£75/'. /■, 370,272
maturing serially Feb. 1,
:
$3,891,865
$0,280
paid nearly $61,000,000, or 58%
,
finance costs incurred or to be incurred for similar purpose
with its construction and expansion program, and L
reduce indebtedness of the company to its: parent, Paciff
Lighting Corp." Said indebtedness aggregated approximately $5,400,00(
on
April 1/ 1948, and represents advances made to the company t
obtain temporary funds for construction costs.
That portion of thu
from First National Bank,
$0,358
,
television
''
after
denced by
24,000
weekly take-home pay
division was $48.96 in
/ January,
1948, an increase of 93 %
over January,
1941," General
'/Sarnoff stated.'
' //; ..
*
'**> .
V
A;.
"At the end of 1947," General Sarnoffs reported,. "RCA had a
backlog of unfilled orders amounting to approximately $100,000,000.
At
that time,
consolidated inventories totalled $61,500,000 of which
$16,400,000 represented raw materials. $18,400,000 consisted of work
for
to
to
part
Corp.—Private Loan—The company
has borrowed an additional $1,000,000 under loan agree¬
ment of Feb. 14, 1947./ Of the total $600,000 was bor¬
rowed from Northwestern Mutual Insurance Co. evi¬
120,499
•
wage
,
net
part
in
connection
in
Shellmar Products
' $4,976,298
stock—/.,
—
(13.881,016 shs,)
used
part to
Corp.-r-Earnings—
March 31—
shares.—V> 167, p. 51,.
$7,919,065
: 3,215,000
788,200
10 years, RCA has
;
dividends to its stockholders, General Sarnoff re¬
ported. Of this amount, $32,000,000 was paid to holders of preferred
stock and $29,000,000 was paid on the. common stock. He said that
during the same 10-year period, the net, worth of the, corporation, was
increased by $48,000,000, and is now in excess of $113,000,000.
"To meet increased living costs, RCA has from time to time granted
/of
•
division
$5,764,498
sh. on com.
Ltd.—New Plan—
re¬
dividend
per
•'
profit
Net
67,486,034
" 771,998
262,500
J
exchangeable for bonds in coupo/
xegisterable as to principa
proceeds to be received by the company wi"
reimburse company treasury for expenditures
made for capital purposes, including among other things, transmissio
and
distribution pipelines, appurtenances, land, , and equipment, t. /
94,689
——_
,
Balance for common
Earns,
'
3,867,600
Net income......
Preferred
346,800
//'139,117
$9,631,498
;
__1
postwar
conversion
1,197,170
Bonds in registered form are
PURPOSE—The
be
Sheaffer Pen Co.
profit before Federal income
♦On
76,738,712
—.
originallv
Donds in coupon form are neither
exchangeable for registered bonds.
nor
$800,000 a year or 40% of
lower, was provided to retire the second pre¬
plan the sinking fund would be raised to
/Federal taxes .oh
$88,053,297 $76,560,096
-
—
.
Bonds are subject to redemption and are to b
benefit of the maintenance and sinking fund.
Th
issuab'e in both coupon form and registerc-
the
to
form, but
'
sinking fund of
Sheller Manufacturing
" 1947
$87,895,060 $76,465,407
-
-
Depreciation
new
option of holder, at office or agency of the company i
Bankers Trust Co., New York, N. Y., is agent for th
are
Jorm.
stockholders' group
preferred dividend requirements—
tEarnings per common share
—a—
«
158,237
Cost and expenses.'
_
bonds
and
3 Months Ended
Net
incl. int. & dlv
/
interest.
of
entitled
1850,
•
pur¬
Merrill Lynch, Pierce, Femu
102.65; Blyth & Co., Ipq
Authorized
Net
,
.
& Co. Inc., 102.4599; White, Weld & Co,
'■
/'.'.'/
1/,./,/';/■'
1948; due May 1, l§7ef Interest payable May 1 an
principal office of American Trust Co., trustee, San Fran
York.
payment
-
subsidiaries)
—
*
Co.—Bonds Offered—A
1,
May
at
1
New
Private Loan—The com¬
pany has obtained a $4,000,000 15-year loan at an aver¬
age interest rate for all maturities at 2.79%. Of the total
$1,500,000 is evidenced by 1-5 year notes due $300,000
annually and issued to four banks.
The balance of $2,500,000 has been sold to insurance companies and ma¬
tures $250,000 annually Sept. 1, 1953-1962.—V. 167, p.
Preferred
i-
Nov.
formed and
be
,
1948
Quarter Ended March 31—
income from operations
Gross
>
capita,
Stuart
Halsey,
.cisco, or at
said
shareholders
(W. A.)
America—Earnings—
(Including
used for capital
,
Harris, Hall & Co. (Inc.).
103.259:
Dated
the proposals had been approved by large groups
committees. A reorganization advisory committee
the plan formulated in detail before submission to
shareholders for approval.—V. 167, p. 50. *
* H
;'/•■_ **"
.
' "
President, on April 28, announced
Gay, Executive Vice-Pres dent and
Radio Corp. of
the
Duquet
Mr.
will
Co.—New Exec. V.-Pres.—
production.—V. 163, p. 273?.
a
of earnings.
: /
■
' /•;
A third major change proposed was that the dividend
preferred stock be $2.40 a share, against $2 under
Dividends would accrue as from next July 1.
of
that the directors
General Manager,
and. Frank T. Glenn. Factory Manager.
Mr. Gay, from 1939 on was
General Manager of Consolidated Factories of National Candy Co. and
later was Vice-President of McPhail Candy Corp.
Mr. Glenn was also
associated with Mr. Gay at National Candy as General Superintendent
Harry S. Martin,
elected Samuel T.
last.
petitioned for by
$1,000,000 or 50%
/
■
scription warrants and the 6,173 shares of unsubscribed
stock were purchased by the several underwriters at a
price of $23.75 per share.
/**
>
,
•/, '
^
'
a
whichever was
Under
ferred.
New
plan
old
the
'Under
earnings,
Hampshire—Stock Sub¬
scription—Of the 38,980 shares of common stock offered
by the company to its stockholders for subscription, 32,807 shares were subscribed for upon the exercise of sub¬
•
was
dividend requirements.-
of
will be
-
Orleans, La.—New Name
the sale were:
at
received
bids
102.52;
There was not a quorum present
amount to 25% of net earnings
and would
retired,
bonds at the Guaranty Trust Co. of New York, 140 Broadway,
N. Y. Definitive bonds of this issue in fully registered
are expected to be available on or about May 24.—V.
167, p. 750.
Co.
/
,
bid of 104.356.
a
B^ine
iUz.tujOi,
,
in the capital reorganization plan of this com¬
pany were outlined at the annual meeting on April 30
by J. E. L.
Duquet, director and counsel. The plan would take effect next July if
approved by shareholders at special meetings to be held later.
The new plan proposes a cash payment of $7.75 per share to holders
of
the preferred stock. This would consist of $4.75
on account of
/arrears and
$3 on account of current dividend accrued from Jan. 1
to
next July 1. The $4.75
payment would reduce arrears to $60 a
share
and the second preferred stock
would be redeemable at $60
instead of $65 under the old plan.
:/
:
:
A
sinking fund would be established for retirement of the first
preferred stock. Under the old plan, a sinking fund was provided only
for the second preferred stock.
The sinking fund for the first pre¬
ferred would be operative only after the second preferred was fully
York,
Service
$100,000
24 stockholders voted to increase the authorized
$400,000 to $500,000 (par $10).—V. 167, p. 1592.
Realty Operators, Inc., above.
Other
///
■
Paper Mills Co.,
New
Public
Southdown
changes
porary
form
Changes
to
1947
$101,446
$0.33
April 29 called a special meeting of stockholders
to elect seven directors to serve until the annual
St. Lawrence
without underwriting.
Company is offering the debentures, as
June l, to the present debenture holders.
Proceeds will be used for
at
changed
been
Co.—Earnings—Special Meeting
March 31—
next,
18,
Proposed
SEC—
for
Petroleum
special
The
(
.
—
sub¬
headed by Lehman Brothers on May 6 pub¬
offered $15,000,000 first mortgage bonds, 3%3
series due May 1, 1978 at 104.92% and accrued interest.
The group won award of the bonds at competitive sai
icpresenting approximately 30% of the outstanding stock, who named
seven
nominees in their proxy statement and asked for the election
of nine directors, to fi.l two vacancies on the board.—V. 167, p. 1927.
receive bids for the sale
of first general mortgage bonds to an amount suffi¬
the sum of $78,230, at prices not exceeding par and
company
to
cient
has
of stockholders in 1949.
annual meeting in March,,
meeting
380 Seventh Ave.,
RR.,
to
right
licly
&
company
June
for
1926,
Fox, Treasurer of the Pennsylvania
will until 3 p.m. on May 28, 1948
D.
York,
corporation
this
Quarters Ended
at
New
for surplus.
given the
are
(par $10) at $17.50 per share
each four shares held.
Right;
chase group
1948
Net profit after
$315,502
Earnings per share—.—__—///
$1.10
Youngstown & Ashtabula Ry.—Tenders—
Pittsburgh,
for
Southern California Gas
*'
operating companies served by this company
for the week ended May
1, 1948, totaled 240,101,000 kwh., as com¬
pared with 214,219,000 kwh. for the corresponding week last year, an
:
'.'V'/"/.'
1851.
.
cf
Republic
of the
output
share
Southdown Sugars, Inc., New
Inc.
Sugars,
Engineering Co.—Weekly Output—
Pioneer Service &
t
name
gasoline taxes collected
governments.—V. 167, p. 551.
,
Electric
stock
proceeds
the
Of
15.
24
new
new
one
balance
from
See
on
Name—
$4,244,932
include inter-company business or
not
♦Does
and
$6,210,354
outstanding
shares
Common
$18,154,143
—
Operators, Inc., New Orleans, La.
Realty
.
profit
of
May
the
and
—
Net
•//
/
Co.—Rights—
March
record
of
shares of
10,000
basis
expire
'
1049.
p.
stockholders
for
the
on
Reading Co.—Request for Bids—
The
company
is requesting bids for the purchase of $4,800,000
equipment trust certificates, series O, dated June 1
1948, to mature
serially in 20 semi-annual instalments of $240,000 each on Dec. 1,
1948, to and including June 1, 1958. The certificates, will be issued by '
The
Pennsylvania Co. for Banking and Trusts and principal and
dividends will be guaranteed by Reading Co.
. ',/' Bids must be received at the office of R. W. Brown, President, Room
423, Reading Terminal, Philadelphia, l, Pa., , at or before 12 o'clock
noon (EOT), on May 21.—V. 167, p. 1927,
,
,
:
r
•
South Carolina Insurance
The
scribe
167, p,
1947.—7V.
calendar year
the
for
share
type radio tubes, particularly the
country, will be manufactured in
on
of New York, is
On, March
United
sales of Philco products outside the
This unit handles
States.—V. 167, p. 945.
2.
May
this
in
& Co.,
recently
"miniatures" how widely /
volume in France under
an agreement concluded between
this corporation and the Societe des
Lamps Fotos, one of the leading tube producers in France,'.it
was
Minority Stock of Unit—
Kidder, Peabody
through
company,
1948, earned $1.13 per share of common stock, as reflected: by the
published quarterly report, as compared with 74 cents per
31,
•
>■;
French Contract—
used
corporation will acquire the minority interest in Philcr Inter¬
Corp. in exchange for 7,120 shares of
its authorized and
common
stock/ John Ballantyne, President, announced on
The
program."-
the television
of
the
proceeding with the financing arrangements in connection with the
acquisition of South Carolina Power Co.'s common stock.: / " ••
South Carolina Electric & Gas Co. for the 12 months ended March
>
receive..by. FM the sound• portion
television receivers is designed to
our
American
Philco Corp.—Buys
the
of
one
and
,
Sarnoff,
new stations a month," said General
chief suppliers of equipment .We have
50
delivered
167 FM transmitters, and have orders for 138 more. Ten models of
RCA Victor home radio
instruments provide FM reception, each of
is
"RCA
Fidelity-Philadelphia
Philadelphia, Pa., will until
bids for the sale to it on July 1, 1948 of consolidated mortgage 3%6% bonds, series A, due Jan. 1, 2039, to an amount sufficient to ex¬
haust the sum of $150,010, at prices not to exceed their- face amount.
The
spreads across the country at the rate
"Today, as FM broadcasting
Co.—Tenders Sought—
Trust Co., trustee, 135 So. Broad Street,
12 o'clock noon on June 15, 1948 receive
Philadelphia Transportation
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
Number 4697
167
Volume
—
<V. Co.__
200.000
2,500,000
.
1351.
p.
^
Ladenburg, Thalmann
,& Co.
^ $2,500,000
Pacific Northwest Co._
20Q.OOC
Stern, Frank & Meyer.100.00C
Sutro & Co.—
—
200^000
Wagenseller & Durst/ *
Inc.
— —->100,000
' ;
;
Co.—Weekly Output—
Electric output of this company for the week ended May 1, 1948.
totaled 2,553,000 kwh., as compared with 2.421,000 kwh. for the cor¬
responding week last year, an increase of 5.5%.—V. 167, p. 1927. //( /
Southern
Colorado Power
Equipment Trusts Offered—
associates on May 7 offered
$11,100,000 2Vs% equipment trust certificates at prices to
yield from 1.40% to 2.50% according to maturity. Others
in the offering group are Drexel & Co.;. Union Securities
Corp, and Stroud & Co*, Inc-.
h-n > >
1 The issue was awarded on a bid of 99.191. Other bids received'at
the sale were: Harriman, Ripley & Co., Inc. 99.03999 tor ,2Ve$, The
Southern
Pacific Co.
Salomon Bros.
.
—
& Hutzler and
First
for' 2
■
>
.
'
'
'
1
•1
'1
*
*
certificates, to be Issued under the Philadelphia plan, are
to be dated May I, 1948 and tp mature $1,110,000 each May 1, 19491958, inclusive.—V- 167, p. 1927,
V't
:
The
Southwestern Bell Telephone Co,
at sea.
largest; financing operation by a mem¬
the Bell Telephone System so far this year was
public offering by an invest¬
ment banking group headed by Morgan Stanley & Co.
cf a new issue of $100,000,000.35-year 3 Vs % debentures
subscribed-—The
ber of
undertaken May 4 with the
1083., The debentures were priced at lQ2.%.and ac¬
yield about 3.0l% to maturity.
The
offering was made immediately following the award of
the issue to the* group in competitive bidding and clear¬
ance by the SEC;
Shortly after the offering it wa$ an¬
nounced that the issue had been completely sold.
/
The Issue
„
was awarded qn a bid of 102.06999.
Halsey, Stuart & Co.
101.43, qlso ior a 3V»'V coupon.
1,1948; due May 1,1983.
Interest payable May 1 and Nov. .1 An St. Louis of New Yprk City,
Redeemable. at the option of company, in whole of In part, on any
at
30
with accrued interest.
will
be
legal
1
The
New
■
and
'.shire,- New Jersey
;
.
investments for savings banks • in
Connecticut, Maine, Massachusetts, New Hamp-
debentures
York, California,
and
•//
Island.
Rhode
royalty
the sale of
of accrued
interest and after deducting expenses.
The company intends to pse
a pproximately $95,000,000 of such proceeds to repay its advances frpm
American
Telephone & Telegraph Co., parent,
and to apply the
balance
toward the requirements. of its construction
program- •
The company's; construction program4 is the, largest in its histqry.
la connection
therewith the company; sold additional stock, to the
American Company in 1946 and 1947 And has obtained large advances
from the American Company.
It is expected that it will be necessary
for the company to continue to raise substantial amounts of new
money sis long as its construction activities remain at a high level.
Most
of
the
equipment, apparatus and materials used in con¬
structing • the plant of the company
is purchased from Western
will
debentures
Electric Co.,
estimated
is
PURPOSE—It
the
the net proceeds from
8101,760,000 exclusive
that
approximate
///; / ;•;/"//,/
affiliate.
Inc., qn
EFFECT
GIVING
CAPITALIZATION
TO
'/
//;'
incorporated
was
Ohio
In
The preferred stock, series B, is convertible Into common
stock at
rate (which is subject to adjustment in certain events)
of 1.7
shares of common stock for each share of
preferred stock, series B/
and the maximum number of shares of
common stock and/or scrip
certificates in respect of fractlonar shares*thereor reserved lor issuance
the
upon conversion of the preferred
version price is 1,360,000.
;
public, "through manufacture and' marketing, the commercial, and
practical de.iielopments of the research of the .Institutum Divf Thomae,
which is a graduate school of scientific; research and education' of
the Athenaeum of Ohio, an accredited educational, .institution. incor¬
porated under the laws of that state.
Patents granted as a Result
of its
research are assigned to a separate Ohio corporation, The
Institutum Divl Thomae Foundation,
which in turn has granted a
days' notice, at 105.50'/. to and Including
thereafter at decreasing redemption prices, in
least
1953,
,
BUSINESS—Company
AND
10, 1946, for the purpose of taking oyer and combining all the
activities of Spcrti, Inc. (Ohio), pertaining to foods and allied products.
Sperti, Inc.,
is the controlling stockholder of the company,
owning 210,000 of the 263,000 Of its common shares <$1-parJ (includ¬
ing 50,000 treasury shares), presently outstanding.
The parent was
incorporated in 1040 for the purpose of making available to the
May
April 30,
com¬
•
the capacity of .the, present, refinery wi.1 be i almost doubled;
He said that the clearing of the site for the new: installations will
commence by June l and that it U.hoped the,major construction work,
can
be completed by the end ,of next year.—V.
167,' p. 1852. ; i
..
HISTORY
Aug
lie.' bid
each; case
upon its
pletion
/
Sperti Foods, Inc., Cincinnati, OJiio.—Preferred Stock ;
Sunday Oil Corp^-Preferred Stock Offefed---E^stman,
Offered—White, Noble & C6;, Detroit, and Clair S. Hall
PilJoji dp Co. and associates publicly offered on .May 5
30,000 shares of cua new issue of 800,000 shares, of 4 & % cumulative convertible preferred stock Series B at par
stk. (par $10) at par
($25).
The Se¬
ries B preferred stock is
Transfer agcht and registrar:
convertible into common stpekCorporation Trust -Co., JerseyCity,
N. J.
at $14,625 per share.
: ;,
..■■■" ;/
■" v ■ //
./■■ 1 ; •
-v
'/
^
/
;
:
.
due
date,'Upon
jefincry fn itself. Mr. Thayer explained,; asserting that
,
& Co., Cincinnati, recently offered
mulative convertible 5% preferred
crued interest to
Dated
.
the .company/also include teletype¬
radio telephone service, mat line
switching service, and services and facilities for private line ..tele¬
phone and teletypewriter use, f°r transmission of radio broadcasting
programs, and for otner purposes.
Revenues are also received, from
the sale of advertising space in telephone directories.—V. 167, p. 1851.
The. communication, services of
writer
exchange service, mobile
Debentures Over¬
—-
Mondays ;Ma^> 10 ;1048
proposed'. expansion includes construction of an approximate
;i 30.000 barrel-a-day, catalytic cracking; plant of the most modern
design, a crude' distillation unit,-a vacuum unit, a large-gas recovery
plant, a hew polymerization p.'ant and auxiliary units and equipment *
■r required
by the major, installations".
It will constitute- a complete
'//.
.
,
v
:The
interchange, of traffic with all other companies of the Bell System
and
the companies throughout the United States with, which. they
connect, with telephone systems in pther countries, and with ships
ZfrS, Hailsey, Stuart $ <3o. JllO., 99.J47
Bqstpn Corp., 99.539 tor
''
COMMERCIAL & -FINANCIAL; CHRONICLE
THE
<20361
12
free
thereunder
to
PURPOSE—The
added
to
its
•
hi
:
-■
GIVING
EFFECT
;.: //
TO
'
Authorized
Authorized
note__
■/ ;
PRESENT
be
tirixe
,
may
--. -•
FINANCING
Outstanding
'
Outstanding
$8,500,000
$8,50O,O0Q \J /
3,825,000
($25" par )
stock
^SedcurC5fl$A^series
4,/»%
pfd. stock
cum.
successfuL
o(%f iaStn^
laboratories
the
have been in
predecessor companies
/V
promissory
purred
,yA
4
and
con¬
wili'
^^2n o5n
,
license.
parent
$18^772,337)
at
general funds bi/the. corporation1 and/Used from
such corporate purposes as the board of directors
,
*V/a%-
stated
^
the
for
CAPITALIZATION
exclusive license to manufacture, the products covered
the company's parent.
Both the Foundation and the
stock, series B, at the
( estimated
proceeds
determine.
company's parent have joined in assigning certain rights under this
license "to the company:
The Foundation,owns,a nmjority of the
capital stock of the company's parent, having, received the ^ same
and capital notes in consideration of granting,.the above, mcntiqped
The
to
time
net
:
% 'k.
cum,
A—,
-I'880'000 *hs<
«
Common stock ($1
:
"
OWeh.
tl,018,957 shs.
pfd. stock, series B
conv.
noo
2p'000'000
1880 060 shs
-
;
8OO.-0OCI shs.
par)—1—,i?8,OOO,0oO
64Tshs*
shs. X 4 904
;
k
dExcludeS,.51,043
a<ivis-: .r
;
/I/-/
:/\
FINANCING
PRESENT
~
' Outstanding
Authorized
"40-yecr 2W*
stock
Common
'
debs., due Oct. 1, 1985^ $75,OOOfOOQ
debs., due May 1, 1983— 100,000,000
23-year
' 875,000;000
100,000,000
$100)--->_/;//-,//// 3,000,000 sh.
(par
UNDERWRITERS—The names
'
.
Biyth & Co., Inc..
3,925,00Q
Bramhall, Barbour $
Co., Inc.—_
250,00.0
Alex. Browns & Sons...
850,000
Butcher & Sherrerd—-250.000
Clark, Dodge ds Co.— 2,000,000
Juilen Collins & Coi——
500,009
Be Haven & Townsend,
& Bodine__l_
Crouter
*.
Drexel
follows,;,
as
.
Bourbeau
:
&. Douaiass
-1 ooft
-
^./rBradfqrdv,A5/,€p;i^';
; Brooke- Stokes & Co.
v \ 3,000
^^ Brown & Scus—i
,
3,000>
;
Upnnnflifi.Mftm.#
-v
xr*.
cn
A. E. Masten Sr Co.
£
Merrill; Turben &.'Co.-i.1^-
.
'
••
250,000.,
.—
Eayden, Miller & Co-
ties Corp.——3—-——
650,000
p;emphill, Noyes & Co.— 2,000,000
Henry Herman & Co.—
350,000
E
F.
Hilliard & Son,
&
Hutton
i
.
'
1,000
'•
-1,000
v
Whiteside,
Sweeney,: Cartwright
"■
Co.——
Co.
3,925,000
V/. E. Hutton & Co.—
2,000,000
650,000
G. H, Walker & Co.—•_
500,000
500,000
1,500
I'ooo
J?
„
Pacific^C
2.000
%*Semnk^^fe P?
'
oLGahfornia
3,000r-
}'S
jr^pittmar & Co
T
CAPTALIZATION
•/
GIVING
Dunbar & Co. i
;
du Pont As Co.
Cumul.
850,000
Reinholdt & Gardner—V'
2,000 ^Reynolds & Co.i—
<
1,009-" y' Riter ^ • &/'Co.i-_ - -at.'
5,000 The Robinson- .
'
2,0001
&
EFFECT
.
..
cqnv. 5% pfd. stock (par $10)
Commote stock (par
1
j PURPOSE—Approximately $150
Whiting, Weeks & Stubbs
850,000
tp. provide for the operations of
The Wisconsin Co.—_ l,500,p00 v
balance
for
working capital and
Dean Witter & Co._i—i/1,500,000
167' * 1050'
*
<
2,000
10,000
8,000
'
--
Co., Inc-j.--
3 Mos. End.
•
;
.
Mar.
.
31,'48
1947
19.45
$
-
.
Local service
29,097,029 104,592,89 1
21,365,275
74,620,007
2,528,802
9,552,919
revenues
Toll service revenues—_
Other oper. revenues—
Total
oper.
Current
Other
88,408,666
70,804,004
8,142,463
73,746,039
8,510,745
26,085,091
93,88i'688
inc.-
10,411,025
1,625,076
36,017,848
6,237,160
Other operating taxesw-
4,402,352
14,203,145
operating income^; 4,383,597
Net oper.
Federal
Net
expenses—
revenues—.
taxes
♦Other income
-
on
(net)—_
y
•
income--.
25,255,275
the
increase
stockholders
to
calls
for
authorized
their, annual
at
increase
an
income——
;;
3,379,702
12,789,654
the proposal to Increase the authorized capitaV
number of authorized shares 4n? reserve; to *
future requirements. At the present time, there are/ outstanding
333,742 shares of the ant,horlzed 30.000.000 shares^ V
-
'
♦Other
est
dec)ared-____
income
during
deductions
3,250,000
12,700,000
16,470,000
for
1,265,315
comprises dividends, ' interest (including inter-)
construction) and miscellaneous income less miscellaneous
from
income.
of
the
is
that
_On Dec. 31, 1947, the
estimates
company
that- other
does
not
furnish
local
the
localities
served
by
was
.
,
1947,
the company was furnishing local service in 684
exchange areas. Approximately 59/; of the company's telephones are
located In the 15 exchange areas
having 100,000 or more population.
The company furnishes tqll service between
ritory in which it operates, in certain cases in
companies.
The company also, furnishes toll
Yrtthia and points outside of-such
territory in
companies,
through
points within
the
ter¬
conjunction with other
service
between
conjunction
points
with other
principally American Telephone and Telegraph Co., parent
latter company the company has connection for the
which
in
in
While
v (Inc.)
Hayden,
_
Hall 6c
event
event
would. not
would. not
1,500
Straus
13,000
Co._-
-
exceed
exceed
,
Jonnston. Lemon.. & Go._
..
.
,
8,000
3.000
3,000
000
1,(
000 //
2,£
Blosser—_
// 4,000 /
American
4,000
Corp.—
2,000
Townsend, Dabney & .//
.
A- Ei Weltner
-
,
v/;
/
.
*
,
i,tluo
x
-
10
13,000
2,000
Co.
&
rv,
>
; '
^
Weld & Co.—
n„n„,
nnA
1,000
Co,,
Woodard-Elwood
3.000
,
White.
:
" 8,000
V"^.—Zirs—
Wheelock Ac Cummins,.
1,000.
1,000
T
.
)
3,000 /
: <5,000
Tyson
—Van AJstyne, Noel'& Co.
Walston, Hoffmaq 6c
x
fO-OOO
1
000
4,C"
>
Stroud 6c Co., Inc
.
'
Kay. Richards & Co
..
25,000
Co.—
Co.._j_
-—z~"r"T-
Johnson, Lane,. Space &/,;
^o., xnq.
/
£
&
Swiss
// 3,000 1
Kirkland & Co.
'
6c
stephthson. Leydecker &
Co.
/ Sterling
Grace & Co.—
Stix &' Co
Co.
&
Staats
Stein Bros, & BQyce_,^V-:
10,ooo
—
Miller
R.
2,000."
v
•
^
any
any
William
Starkweather
;
W8y,5,\0,T7-r---/
;
.
Smith. Barney & Co._-_l'i.:
8,000
2,500
„
.TGef®on
Hornblower_& ^Weeks.—
number '.
the
;
.
sold
of
to
1851.
HISTORY
,w--s
.
i'tmn-s"--
Ifoo
'
in Dela- /;
Corporation is engaged in the business "of
interests • in
and
developing prospective and
proven
oil and gas lands, the production, gathering,- refining and
sale of crude oil and products thereof, and the production and sale /:;
of natural
gas.
Such business formerly was carried on principally //
If
through a wholly owned subsidiary, Sunray Oil Co., which was liqui¬
/
dated on June 30, 1944, except for a period following the merger of
/
*' Superior into the corporation, during which the corporation owned and
operated the properties acquired through such merger.
/ ■> "
The
share
of
of
the
stock
has
been
sold
to
the
Reed
/;L/:V;'
.
directors have declared
shares
in
"naif
of
$1.50
on
an
of
June
record
cumulative
prior; to Sept.
a
dividend of $5.25 per
ware
on
share qn 17.0,000
•
preferred stock which were issued and f
1, 1943, and a dividend of 75 cents per >
additional 30,000 shares of such stock Which were issued
Such dividends are payable May 22, 1948 to holders
1946.
gas
New
corporation
in the States
Mexico,
production
delivered
BUSINESS—Corporation, was incorporated
1929.
15,
acquiring
to
is currently producing crude oil and/or natural
of 'Arkansas, California, Illinois, Kansas, Louisiana,
and Texas.
It sells most of its crude oil
Oklahoma
crude
Before
oil
purchasing companies and the balance is
at Allen, Okla.; Duncan, Okla.; and
the
war,
.
:;/;"/ "" /■/.y]l/ry
sales
of
the
corporation's
refined
products
were
principally to various marketers and jobbers throughout the Midwest
and, since, August, 1945, although the corporation has resumed such
sales ta a small extent, most of its refined products have been sold
to major and large independent oil companies.
Sales of gasoline to
five of
these companies accounted for approximately 85'/
of the
corporation's sales of gasqline for the year 1947.
Sales to one -of
such companies were made pursuant to a contract expiring in Feb¬
.
ruary, 1949; sales to another of such companies were made pursuant
/ to q contrapt terminable by either party' on 60 days' notice; sales ;to
1
(Continued on page 48)
: /
1948.
By this action, dividends on the 200,000 J1
shares of preferred stock will be paid up to and including Sept. 1,1946.
This
corporation
is a
subsidiary of Stokely-Van Camp, Inc.—V. f
May
158, p. 1540.
14,
-v/:/
*. 77
Sun; Oil CQ.—To Increase Refinery Capacity—7
Expansion
of
the
,
*
refinery oyer the next two
years at a cost in the neighborhood of $16,000,000 was announced ;,on
April 26 by Clarence H. Thayer, Vice-President .in charge of manufacluring.'
\
" 4
" */'
4 /
.
company's
Toledo
/'
to its refineries located
Santa Maria, Calif.
*
*
AND
Feb.
exploring,
The
Stokply foods, Irc.—Pays Accumulated Dividends— r
outstanding
.
that
controls Texas Gulf Producing Co.
G. W. Redd is
the board and L; S. Reed is President.
The remainder
investment trusts arid other investors, it was said.~V,
which
167,' p.
such
companies but connects with them under traffic agreements
providing
for the handling of toll costs and for
the division of revenues there¬
from. '•
'
' ■
:
On Dec, 31,
reauired
required
Ltd.
offei' -capnot, presently /be
May 5
on
is" understood
It
had 21739,153 telephones in service.
operating within the ter¬
in
company
fahtily,
companies
service
the -maximum
the maximum
shares.-Y//107, p. 1927.
Chairman
ritory in which it does business had approximately 777,000 telephones
in servcie on the same date.
With very minor exceptions,- the'com¬
pany
Harris.
-
announced that, it has sold 100,000 shares ;/
of Texas Gulf Producing Co. stock at a price said tq bp' close to the
market quotation lor that stock.
The shares on that- date sold around 7
23%.'
1
/. ■ ^
,
Company
Co.,
2,000
is to r 'Hayden, s.tone & Co._—. ; 10,000
meet .. Hemphill, Noyes 6c Co._ ; 10,000
27,- / Hill Richards & Co -.-—
7,QQ0
" >
»
Holley, Dayton &
also issue shares iri exchange
that. exchqnge
for
standard Oil Co. of Ohio—Sells More Holdings—
Ti»e
of
furnishing
communication services, mainly local and
to.il telephone service, in
the States of Arkansas," Kansas, Missouri, Oklahoma and Texas
(with
tlie exception of El Paso County), and in a small
portion oMllinois
-ife the vicinity Of St, Louis.
Company was - incorporated in Missouri
on
Aug. 24, 1882.
American Telephone and Telegraph Co. owns of
record and beneficially all of the
outstanding common stock of the
company except 11 qualifying shares which are owned of record and
beneficially by directors of the companyi.
i. ./v
;
company
the company may
International Petroleum
required
Singer, Deane & Scribner
2,000
;
1,000
1,000
*25,000
25.00Q"
.
Lunt
&
3,000
'
/
<
business
of
shares
shares
8haughnessy & Co., Inc.
I. M. Simon & Co.—--j
go.
Hamlin
•
company
determined',
determined,
16,470,000
(net)
BUSINESS—The
/•,
wiU issue approximately 680,000 shares in connection /
with the dividend of five shares for each 200, shares,: payable June 10,
As
previously announced In connectiori .with proposed
financing 1
of
Dividends
capita}; stock
The purpose Qf
allow* a sufficient
16,429,820
19,944,896
^
Hallgarten & Co._„„_
Hallowell, Sulzberger 6c
,
meeting
so.
of Imperial Oil Ltd.,
Net
Grande & Co., Inc.
the
in
So.---,;
'
The company has made no arrangements for; marketing any of the additional shares to be authorized and has'rio present plans for doing;
60,835,360
12,121.993 *11,557,036
$4,393,475 $15,779,536 $22,573,429 $19,008,832
1,013,773
2,989,882
2,628,533 ; 2,579,012
deductions-
.
0ii 10,
proposal
The
Total
Iuterest
.Ii»rsi»vi-l.Tri Tncrpri^ Canital
ew jersey;
1 o increase vapnai
fNi»w
All, fio
proposal^ to
The
22,694,681
24,023,049
201,993 Dr121,252 X»r5,014,217
9,878
^
will be preto be held June 1.
authorized capital stock
from 30,000,000 shares to 35,000,000 shares- pf $25 par Yalue eqch, •
A
sented
.
64,963,074
46,080,950
11.264,276
*
.ft
f
<fe
Schwabaqher & Co.—-:-
1,000
-1,500'
Goldman, Sachs & Cq.^v,
Graham, Persons.
Co.
Granhery*Marache & Co.
v
^
,
167, P- 159^
fttandiirri
Dtandarfl
15,577,543
oper.
84:856:073
^/;.r-v.
Glore,. Porgan
-v
r
Sales—
98,633,855
52,991,106 188,705,897 180,890,639 167,
1,355,133
11,052,350 39,820,198 33,114,304
25,
,328,556
5,442,640
19,043,163
16,839,312
^227,543
10,
revenues-
maiutenance-,-.
Dcpreciatlou
1948—Month—1947
1948—4 Mos.-rr.1947
$11,660,456 $10,820,699 $39,486,880 $38,130,903
Period End. Apr. 30—
5,000
r»:
Robert Gar^tt &asonsZ:
IBO.—Apjil 58tes 7.7% Higher—
Calendar Years1946
t
Corp..
,
SUMMARY OF EARNINGS
.
-
/ v;'V
•
&
Kidder. Pea|?ody St Co.- 3,925,000
Kirkpatrick-Pettis Co.—; 500,000
•
items.
White, Weld & Co.—-. 3,925,000
Ealraau
1,000
n
'
000Slwhard '^Cook^&'Co^
W^^-r/^-t-^
pharmaceuticqls,/;„i^^
&
The Illinois Cq
i——
Johnston, Lemon & Co.-
-croweil^WeedS
-
10,000
-
—————25Q.OO0
Neufiaus &
> i
Co.———350,000
Union Securities Corp.— 3,925,000
3,00013,000 >
^
,
PRODUTS—A substantial number of products,/
& Co "
2
this field have been developed, for which patents
issued to; the Institutuin Divi Thomae Foundqtion^WA ~ci» —
; 1 ooo? The®Ohio Co
" ' -?'ooo. "
The compqny, therefore, proposes through a division orsubsidiary& ,Co't
p^fa rv
annA A
company to-engage in the manufacture and selling of
^
/
.....
.
The products which
have been developed; bjr; the Institutum. Oivi:
£ S'"*"" > 1 no? 5 pSt®
Tbpmae. and those which the company proposes to^^ manufacture; toC
/
^
8f
*'
dude liouids
^Pempsey. &- f;o.-~—--1,560
r
8,(
elude liquids, tablets fnlain and boated), ointmcnia. effervescent salts
plain
tablets (plain and coated), ointments, effervescent salts;;>'■ fifion' : -_ Hopwood
S'Soo ' ;
arid tablets, vitainin specialties
PHARMACEUTICAL
in
Underwood,
350,000
-;vMoore> Leonard Jr Lynch;;
& Sears. Inc.
;
1,006
p. S- Moseley
Co._i_
Clarke & Co. /;/ 3;000
Mullaney: Wells.dp Co.Julien Collins & Co
2,560
Newburger & Co._-l__
,
Stroud & Co., Inc._—850,000
350,000
Weeks^— 2,000,000
&
-
2,000,000
—
„
Hornblower
nnn
2,000
3,000
;
Equitable Securities Corp.
J. J. B.
.i
.
:s^/2;poo #
1»009 «-The . Mdrshatt Cq.21
Beane
,
;
1Sls'wfe*- *■*
pS?lt5S°£^iSwr
F. S. Moselev & "Co.'-—- 2,000,000 v
Maynard H. M^Ctf&qo.
650,000
Pacific North welt CdrJr:
850,000^
3$0,000
Estabrook & Co.—,^— 1,500,000»v
Paine, * Webber, Jackson
The First Boston Corp.- 3,925,000*
& Curtis—ih ^- 2,000,000
Folger, Nolan Inc.—J
650,000
prescott, Rawley, Shep- ;
Goldman, Sachs & Co.— 3,925,ooo
pard & Cp.v Ihc._——
350,000
Ift W. Pressprich & Co._ 2,000,000
Cranbery, Marache & Co,
350,000
Reinholdt <fe Gardner_/Eallowell, Sulzberger &
650,000
Co.
Rowles, Winston &-Cp._
250,000 / ;
250,000
Chas. W. Scranton «fe Co.
tarriman. Ripley & Co.,
500,000 >
Inc. ——_•
Smith; Barney & Co._— 3,925,000 i
3.925,000
Harris, Hall & Co. (Inc.) 2,000,000
Stone & Webster Securi-
Co.
&
Elkins. Morris & Co
.
afe
Kuhn, Loeb 6c Co.—.$3,925,000 /
Laird, Bissell & Meeds—. 350,000
W. C, Langley & Cof.ir 1,500,000
rfianufacturer
Lazard Freres & Co.— 3,925,000
apparatus In the
tee Rigginson Corp..L 2,000,000
that'approximately
Lehman Brothers———. 3,925,000
or complete,- installation of Schock,
Gusmef & Co. equipment..
Carl' M. Loeb, Rhoades
r
Sperti .Citrus,
■:'■ & Co.
/: 650,000
Im?;,/ana^facturea^Titeh'
M -®iimodem , plant at Grlando,
Laurence M. Marks Sc Co.
850,000
/L
quality due to the superiority of -the process .in which .no .heat iS
Merrill Lynch, Pierce, &
3,925,pop
Merrill, Turbep & Co.— / 650,000
250.000
Dominick & Dominick.a 2,000,000
;
the princi¬
the underwriters and
of
pal amount of debentures to be purchased by each
Morgan Stanley & Co.—$4,025,000
AJrastedt Brothers———
250,000
;
2,600,000shs.
'*
Volume
THE
Number 4697
167
COMMERCIAL. &
FINANCIAL
Stock Record «»
CHRONICLE
(2037)
York Stock Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE!
STOCKS
Previous
Range for
>
Year 1947
Lowest
I per thare
•
Range since Jan. 1
Highest
■
NEW YORK
;
Saturday
,
y-,/
•:
SALE FRIGES
HIGH
Wednesday
Tuesday
May 3
t per share
Par
AND
Monday
May 4
; May 1
-
t per share
t per share
8 per share
LOW
■
STOCK
EXCHANGE
Lowest
Highest
13
t per share
S per share
-
May 6
Sales for
the Week
Shares
$ per share
% per share
share7
$ per
Friday
May 7
Thursday
r
May 5
'
87%
66% May
90
•
80
Feb
,.
„
2
Jan
8
Abraham 4b Straus
9
ACF-Brill
*74
75
*85
90
Abbott Laboratories com
90
6% Jan
6
No par
—No par
79% Jan
64% Mar 17
Jan
July
110
Jun
75 V*
75
*85%
t
74%
90
74%
73 y4
74%
90
89
.
72
72%
72%
89
*85Va
£0
*87
,
'
8%
Dec
10% Feb
4% Feb
11
43%
Apr
60
Oct
45% Feb
11
54
Apr
14% Feb
11
19
May
18%
Oct
Jan
42
Apr
6
46% Jan
27
Adams Express
Adams-Millis Corp
40%
Oct
28% Feb
13
37% Apr
30
Addressograph-Multlgraph
10%
Feb
7% Feb
10
9% Apr
24
Admiral Corp
38%
May
Feb
27 y2 Apr
30% May
6
May
25 %
Dec
3%
.
Dec
16 %
31 %
Dec
Jan
7, \3% Apr 14
14% Feb 26
102% Aug
*
75% Mar 19
5%
Feb
44
25% May
66
Jan
Dec
48%
90%
Not
37
10%
164
104
202
90 >
36%
Oct
28
May
Feb
42%
•
Jun
5
51
Apr
46
107
Dec
34% May
7
Dec
80%
52
.
Jau
9
7% Jan
13
10
6
68
9
58% Feb
9
24% Apr 24
67% May 6
7 12% Mar 22
9% Mar 17
50
Feb
*35% Mar 19
110%
Nov
■
Dee
7
■> 3% Feb
Dec
108 7
11
76% Feb
6
7%
99
;
42 % May
103% Feb 26
Feb
Mar
196% Sep
3% May
May
54%
Feb
; 88% May
May
115%
Jan
91'
175 % Jan
37% Mar 16
-
•
28%
47%
56
Sep
'.-Aug
Oct;.
19
Feb
24
,18% Dec
43
Dec
Dec
48% July
101% Dae,
36% May
118% Oct
7
.
Feb
24
r
20
Apr
19% Jan
4
13
Jan
> 91
-Apr
40% Jan
5
33% Feb
10
88-
May
'
107% Apr
50% Apr
24
18 :if- Feb
102 7 Mar
38%
,
16% May
; Feb
68
5
looy. Jan
104% Jan 28
Feb!
26%
v.
45% Apr
8
18% Mar
Feb;
110
105% July
Mar
-
106
Jan
31
94% Feb 11
7
Mar
3%
29y8
100
10
9%
191
187%
19%
v
36%
88
*27%
7
7
6
*47%
49%
112%
HI
46%
32%
34
*86ya
88
y, y..:
9'/a
*86%
88
36%
37
36%
*91%
7,7.
93
,*91'/2
28%
6
17% July
14'/a MarlQ
16% Apr
48
Jan
27
2
Jan
5
83%
400
36%
36%
37%
8,900
93
92
92%
200
*28
29%
28%
28%
500
88
29%
<
5%
5%
5%
88
36'/a
93
,•*47'%
49y4
7 •y'"' 47
9%; 7.v
9
*65
67
*65
67
•lis
12
11
7
38 y4
38%
*
106%
106%
62% '
62
7 23%
39
■'
i
7
7,
106%
9y«
20,400
61%
1,700
24%
3,100
67%
*66
67%
20
;
11%
*11
11%
500
40%
40 '/2
23%.
/
67
67
67%
,
10%
40%
40 y4
.
10%
40%
*106
5'/a
88
173'%
y
175
88
-
*11
107%
>106
5
88%
-
%
5
88%
174
95%?
•
22'%
94%
22'%
107'%
48%
13
Jun
16
Dec
;
2
Dee
;
■! 37%
Jan
65% Mar
Feb
6% Mar
Feb
July
42%
Apr
6% May
;
9%
Oct
55
Jan
Jan
6y« Feb
1
1O
174
'48%
*106
:
48%
38%
23 %
48
27
Apr
27
7% Jan
5
Jan
5
25 y4 Apr
7
American Home Products
5
American lee
63
11.
7%,Jan ,
25
27
5%'
26 y*
6%
15%
1
6%
,17»%
5%
.7 ' *47 V>i
.17%
90v4.;
37%f.
37%
.
*26%
,
37%
24%;
7
7
27'/4
17%
6,700
2%
2%
*70 %
71%
71%
4,700
1,200
8%
9%
9y4
6,000
71
9%
9
-100
; >80
95
18% Mar 17
24%, Apr 23
American
J»Q
95% Feb 27
;
I per
Sep
Jan
Jan
11
7/
9% Apr
16
Feb
Dec
i
117%
Feb
% Feb
186
29
9
7
34% May
Feb
10
Jan
24%
c
•
Oct
164% Apr
33
Fdy Co com—No per
-100
6%
41
41%
2,000
6
6%
4,300
*48
48
48
%
7
7
*80
93
*6%
,
7
16%
22%
American
18'/4
Mar 10
Power to
Amer
7
12
86
93
*80
12%
12%
12%
*12%
13
15'%.
15%
15%
15%;
*15 Va
15%.
23%
22%
23%
22%
23%
; 23%
23%
105
and
SALE
high
♦80
:
*103% 107
103
9
85
15% May
;
•
31%
130
—No par
30 y4
No par
No per
8%
8%
86'%
86%
86-
77%
77%
77
14%
14%
14%
Light com
-
7%
176
6
Jan
42%
■
No par
Amer Red to St San'y com
No par
7%
preferred
—100
7
27
*168
;
11
Apr
12
46% Feb
11
60% Apr
23
Am
139
July
40
Mar
31
Dec
158
Jan
131
157
Mar 10
May
—I
American
7
Amer
Dec
'
21% May
9
46
172
Dec
;
American Safety Rasor
38% Feb
Oct
Dec
12% Jan
9
14
30%
>.->
8%
■:>
8Va
18 Vs
y
No par
No par
33%
132
*7%
'
5
-.7%
30%
77/a
30%
'
30%
18 Va
•*88
;,i',.8%
33%
34
♦127%
34%
30%=
v
8%"
8%
130
*7%""
21
7 Jun
134
May
116
i
'
j •
•
\
.
i*
•
-'
,
i.
♦127'A
*7%
•30'/a
8%
18%
i.
8%
32%
.« -
y
87
87
86%
78
78
78
77%
15%
14%
8%
89
79
15
*
•
168 Vs
.77%
14%
■:/yy 77y,y
- T.
14%
'
15%
170
170
10'A
10%
10%
20'/a
170
172
*170
14%
42%
57%
58
57%
58
151 %
152
'
American
Steel
American
Stores
13% Apr
21
American
Stove
34 y2 Feb
13
Dec
.
;152%
-
,
10%
170
10%
21
18
Jan
129
Jan
15%
*■
;
12
33%
132%
33%
*131
x57%
57%
57
153
153%
33%
33%
153%
*131
133
31%
31%
25%
*26'/a
187/a
*18%
18%
*18%
38%
*33
18%
18%
38%
121%
38%
38
121%
♦122
18%
18%
18'%
18%
153%
153%
153%
153%
*120
123
*13%
18%
<153 %
153%
57%
57%
18%
v
38%
123
123
123
147% Mar 17
Feb
54 y4 Mar 29
Dec
132
163% July
60
Apr
40% Feb
Dec
120% Aug
8%
116% Mar
Dec
7
50% Oct
26% Jan
Feb
68 Va Jan
144
Mar
68J/4 May
14
American
5
6*
9
6
119% Jan
5%
13
8% Apr
22
51% May
36 Vs Mar 17
110%
Feb
95
103%
Feb
-10%
Jan
preferred
-
69%
May
»•»
.30% May
42
36%
Dec
38%
35
Not
51
101% Not
•
46% Jan
14% Apr
9%
100
6,200
660
700
50
133
31%
31%
26%
26%
3,100
-
800
18%
18%
18%
1,700
-
33%
33%
-
38%
38''A
**38
♦122
18%
18'A
'153%
400
124
18%
.600
39
122%
*
*13%
18%
153%
153%
153%
153%
57%
57%
x56 %
57%
!
25
100
common—14
preferred
Am Water
American
4
100
common
63%
.100
Works
♦118%
5
7%
Co Inc
Woolen
common—No par
100
*99
$4 conv prior preference—No par
*96
May
preferred
-
135%
63%
64
119
7%
57%
,
;118
7%
58
136%
64%
118%
7%
49
48%
50%
109
48%
7%
103
21
i:
♦135 >-•■ 136
100% May
76% Mar 16
4% May
Tobacco
American Viscose Corp
7;
11
Jun
Jan
American Tel to Tel Co
154% Apr 23
15
May
62
3,200
;
155%
122%
100%
100'%
98%
98
100%
57%
58
64%
50%
65% *66%
65%
117%, 113
■>'„ 7%
136%
135%
136
135
117%
-
7%
.
117%
7%
7%
50
51%
100% 100 %
'-101% 103
..
51%
300
18%
1,100
137%,
65%
118%
DM
6
62% Jan
16
66
30% Feb
11
38% Apr
Feb
10
38% Mar 23
Dec
•Jan
30
*
58% July
Dec
'
16
see
Jan
98% Feb
106
4
46% Mar
3
Mar 17
May
Lead
to
Anaconda
1
7
25
*64
—50
36
com
Anaconda Wire to Cable
No par
Anchor Hock Glasa Corp com—12.50
6
$4
3
preferred
Clayton
Anderson.
31% Apr
j
Smelt
Copper lflnlng
23
28
Anderson-Friahsid
14,y Apr
20
56% Apr
10% Feb 11
8
Apr
38% Jan
28% Mar 19
Zine
15 prior conv preferred
Apr
34%
:
Amer
8% Apr
17
Mar
111% Mar
For footnotes
Feb
1
|
Andes
—No
to
Co
Oil
Coppeqr Mining.
*
par
21%
Corp—16
7 Vs
7
69
♦64
65'%
35%
36%
37%
-37%
37'A
35
1
36%
37 Va
y
i'.
35
*104
r
>*56
u(
29%
•12%
31%
106
106-
56%
56
29%
29
*12%
13
page 24
7%
f
7%
*64
:7%
50
7%'
51%
37%
32
106
106
56;
29%
13'A
y
*100
102%
7'A
37
37%
37
37%
33'A
30%
32
56%
'29%
13%
•104%
*56
28%
*12
3.200
34,700
7%
64
29
7%
51%
102%
-
102'/a
36%
106
56%
37%
30 Va
106
-
37%
32
106.-,
440
7%
50%
100
64
106
>•
♦7%
68
;
13,000
119
100
36%
♦64
830
68'/4
66%
118
101%
36%
*56
♦12%
7%
15,100
7%
101 %
37%
65%
36%
34
7 %
11,700
56%
137'/a
66%
117%
154 Va
56'A
137%
102%
100% 100%
.
136
"
.•
2,000
;
58
:
*132
26%
••
5
-
26%
;
100
:
31%
18%
;
•
*
33
132
26%
38%
Tobacco—
33
132
32%
*33%
Sumatra
133
-57
155%
157
26%
*13%
26%
:
154%
31%
31%
28%
42%
'«
31%
26%
30%
33%
33%
33%
♦131
30%
preferred
3,000
1,700
52,100
21%
57%
58%'
152
133
20%
>,42%
42
57%
153%
10%
V
20%
42
26%
>:
*20%
42%
30%
American
13,000
f
i
173
10%
10%
42 V.
No par
No par
Co
9 Va
*170
170
*20%
Foundries—No par
7 %
6
19% Jan
21
33%
132%
-
10%
21 Va
20%
American Sugar Refg common—-100
5
39% Mar 23
116% Mar 15
Feb
Oct
Feb
Oct
68%
28
—100
26
82%
41 % May
'90
common
preferred
1,300
■.
79
'■
*42'/a' -42'%
21
20%
10%
10%
42%
; *42
90
200
30%
88%
78
14%
y'
30
>'
88
8%
8%
10,700
y
8%
8%
86%
3,100
.-•560
7%
*7%
31
-
127 "• 127-.
V
7%
86 '/a
•
8"/«
33%
8%
34 <
132
Sharee
90
l*88
*
DM
„
Snuff
non-cum
22
174%
7%
6*
32% Apr
25% Feb
Apr
*116%
?6
Apr
7 27
24% Jan
Feb
Jun
149%
'135
•
American
9
Jan
140
27
27
20
Oct
'
34% Jan
Mar 19
22% Mar 12
146%
May
18 %
.<62
*
=
the Week
18%
*18%
90
y'i8%
86
43
•20%
Refg common—No par
preferred
100
47%
Jun
Selee for
'
170
10%
Smelt to
1%
6
Seating CoShip Building Co
28% July
29% Jan
37
25% May
400
t per share
I per share
*
18%
90
♦88
a%
34
>127
:
30%
y
.May 6
'
Apr
9,300
May 7
Thursday
I per share
90
*8>/2,
'
7 Va
x30%
7%;
,
l.QOO
103
PRICES
May 5
-
•
''<yy;,i8%;,i8%yr
*88
33%
33
*127
130
.
$ per share
y
8%
:f 8%
8%
*7%
-
May 4
90
*88
32%
♦127
18%
18%
18'A
90
*8%
preferred
13
Mar
1,700.
,
Frldaf-
103% 103%
,
Wednesday
Tuesday ;;.,v
;,y ■ May a 'y
$ per share
1.QP0
93
12%,
■:>
Monday
8,200
,
15%
102%
1
preferred
85% Jan
.
; *83
100
Co
News Co
21
16% Feb
Feb
70%
Jun
48% May
10
Feb
6%.
6%
♦
'
9% Aug
18% May
•
24%
24%
21%
100
53
13
105
I per share
No per
preferred
American Molassee
9% Apr
11
.
1,100
'/4
*
v. 12
63
6%
6
24
9%
*62
,,
■
7
93
'
12%
low
American Motels Co Ltd corn-No par
2
95% Jan
6% Feb 28 ;
Feb
41
71 %
„
*15',4
22%
.
63
;
24%
24%
24%
,t
63
41%
41%
49
23
Saturday
41%
*47
♦100%
'
41%
y
63
53
22%
23
V;;-, May 1
,f,;7i>
3.90* cum preferred—
Amer Maehlne to Metals-
4
14
8% Jan
132
17
72% Feb
Feb
20
9
Mar 23
.'
:;, 7
62%'.
♦47
'■
STOCKS
Amer ldeeh to
2
7
,
"j!:v7. ''•Par
19
24% Mar
.;-y•
7;7
*my+ 105
188
—
EXCHANGE
$ per share
88-: Apr
125
Feb i
17
7:
6% Feb
July
\
22%
1
NEW YORK STOCK
>
81
$.'
...
'
•
Feb
preferred
in
;
preferred
LooomntlTe common
;.Hiffhest;;
5
Mar
non-cum
sinee Jan.
<.7.;,
share
Feb
>
29
70% Feb
7 16
32% July
Dec
Apr
7-
Lowest.
share
14%
;
.
;7->7 y't Range
147
>'■
105
$%
13
9'%
63
*80
Feb
Jan
71
6
15%
15%
11% May
•
700
16
17%
2%
0
13
Feb
23%
16
:
1,600
177/a
6
95
Feb
;!
2,000
6%
6 Va
15%
70 %
7
*15 Va
16%
-
'.
28
r
6
17%
9 Va
7
»
*12%
39%
32
.1,300
15%
18
2%
♦41%
24%
24
; vy 7
*80 ;r
129%
136%
103%
>2%
16
17%
'
63
51;>.
12%
-
142
ioo
15,500
»
♦15%
2%
-
6
15%
■/-'
34
1,100
;
.
38
103'%
•
27%
6
9i
: 91
2%
15%
6
12%
Dec
:
,1,500
2,700
17'/4
17%4
:i7%
6
17%
".!
41%
,7's
53
24%
—1
41%
*15%
Dee
-
48%
48%
17%;.,
.102% 103%
27 Va
♦5%
2 %
17
•
63%
42
No par
common
*62%
63%
American Investment Co of 111—1
T
170
4,200
90
■'
37%
38% 1
103% 103%.
70%
American Interactional Corp_No,p*r
28%
Dec
Dec
76%
y
..
9%
137 ; May 4
15% Jan 30
<:
88% May
-
500
24
106%
*106
17%
*90y4
.
\
103'% 103%
71
9%
93&
785
■•
12
43 •
6
9 Va
5
7 101
Dec • ,7
8%
77% Jan
4
77.7.7 70%
71
———
J7 and preferred A
11
Dec
127
>
16
Jun
*25% May
•:
71
No par
No par
9%
?• *62
7
$6 preferred
—
Ho par
*41%
American Hawaiian SS Co
-10
American Hide to Leather com
1"
7,7 6%
7 < 6% oen* preferred——
80 77 *47
preferred
$7
9
Apr
t per
..$ per share
7
May
88-
Highest.
Lowest
7%
2,500
f
'
10% Feb
Year i»47
j
947/»
23%
106%
17V4
-17% '17%
93%
38
2%
13% Jan
.,'v,;.7. Range for Previous
*
480
«
43%
347/a
9C
48
i
,.
fX%,
16%-
s
18
*90'/4
15%
Oct
116
Dae
18%
175
i
43 %
43%
,
'
17%
17%
2%
30%
May
780 '
15%
16%
:
Nov
13
,
18% May
-
7K,-
■>7'
2% 7- 2%
Foreign Power com—No par
14%
106% Mar
Apr
9%. May
A;V
American Export Lines. Inc
Amer to
9% Mar 29
20
20% Feb
10%
;i 90
902
89% Jan
5% Feb 10
48
May
19
37% Jan
*34%
,22% July
6
Mar
55
Jun
Jan
49
Apr 15
2% Mar 25
4
101%
27
-
19
3
25%
Dec
74%
15%
17
600
3,300
88
'
115%
Dec
7%
■
No par 7'7: *15%
7:717
40c
American European Secur
6%
♦6
5,900
10,600'
.
'
Dec
86
;
:
y
6%
107%
r" '• 5'/a
5
175
23 Vs
23'%
106'%
16%
nrtaL
23
49
16 >/4
,
7
1
107%
.,
'■
%'•'
88%
42
*94'%
94%
*106
R
4
*106
,
American Encaustic Tiling
42%
"
95%
■
*
40%
'
107%:
4%
174% 175%
42%
43
lfl
43 'A
43
V
4%
88
'
'
ii%
106
2,800
•
9
■
6i%;
23
4%
47%
24
61
23%
67
106
6,100
61%,
9y«
pi
23%
39%
<
8%
9%
po.
ii y»
.
.
8%
-
.
100
115
47
L
6*
*65'%
39%
*105%
9V'8
47%
47%
,
23%
61%
-
47%
47
•
49%
114 >/4
114
900
6
*48
48
'
112
„
5%
5%
48
49'%
113
110
V
47%
<>-23%
23%
'
114
8%
11
«
5
6
16
"
*88%
1,900
10,000
*91%
36%:
,*28
5%'
*48
113
63
'
22
28%
.'V-7 5%
>'■'
49%
23%
y
400
32%
33
113
*47%
600
3,000
19%
32'%
»5%
113
■
9'%
191
*19
32%
-
6% Apr
19 %
32%
*62
.
*19
'
:
'■
9'/a
190%
32%
28V'4
*47%
7,7
46%
,,7,1--' 9%
9%
189%
*9
188%
33
■
2
4,500
10Q
32 y4
93
28
V; *5%
d
9
188%
*93
32%
37'
*91%
28
,
'
9
188 y4
100
31%
•'
;
•
*93
33 7
87
;
- • 86 V2
■i ">;.«36%
36%
-
*9193
7
98
*93
189
32%
V,
26
400
30%
32%
32%
"
Feb
6%
6,300
75
30'/a
*31%
32
31%
■
20% July
6% Feb?
May;
47%
{
*74
75
30'/a
19%
■
Jan
30
1,900
*18%
32
,
5
*74
9%
187%
■
25
47%
46%
46%
74%
.
! i3%
21,400
19%
*23%
American Bosch Corp
3%
19%
32'/.
*86% '
'
1
„
80%
3%
30%
4,500
19
78 y4
*
20
*19%
V
preferred
\
100
*9
9%,
190%
V
7
47%
3%
3%
13%
C0'/4
74%
30
*93
32
32
No par
preferred
3%
10,700
110
3 %
18%
18%
78 %
5,000
25 y8
24%
.
200
1,400
9%
*103
3%
18%
*
29%
75
29%
100
*93
,
100
10
50
1
cum conv
47%
*74%
29%
29%
*9
Agricultural Chemlcal-No par
3Vs%
,
so y2
'
75
*74
74%
*189
Co com
1
preferred
—50
American Bank Note .common
*
4
47%
47
7' 46'/,
'
*93
Leather
Corp
'■
46s/s
-
'
5
5'/a
Amer Cable to Radio Corp
—1 '••••> 5,
r 5
7
7S ' 86%
ea¬
86%
86%
5 >
American Can common
25 7
174
-• rn
8 *
7% preferred
H00 ,»V 172% 172%
77 43 r 43%
43%
43%
23
American Car to Fdry com—No par a
'•7:
98
97 ;
*95%
..'7
97 ;
21
1%
preferred
100
22%
22%
22%
7 7 Amer Chain to Cable Inc—-No par •>,, 22%
■-*
*105% 106%
*105%- 106%
14 f .«»•»* cons preferred
—100
49
48 y2
«: *43y4
It: American Chicle Co
—No par
7 7 48%
19
18%
7" ■>; 17%
>.
13
23 v American Colortype Co
10
*18
18 ,7
18%
V" 18
10-y American Crystal Sugar com-*—10
*90%
7; *90% 7 93%
93%
15 ; ; A 4%% prior preferred
—100
38
7.
37
36%
37%
2 v American Cyanamld Co com——10
103% 103%
2 •
3% % conv preferred series A_100 7- *102% 104
27 /:
27
*267/a
27;;%
31
American Distilling Co.
20
Feb
:
3%
Amer Brake Shoe Co com—No par
4% cout preferred
—100
;
23
Jan
46
3%
4
18%
78 y4
46 »/4
18'%
80%
*31%
American Airlines common
..
Mar 10
5% Apr
167% Feb 21-j
•
20% May
Amer
>
18 %
*78%
No par
Petroleum
18%
3%
18%
80%
;
3 '/2
3%
36
9'A
110
*103
3%
13
44
<
24%
24%
25%
110
•103
3%
18%
46%
common—No par
—100
convertible
6>
Mar 22
18% Mar
Amalgamated
Amerada
Mar 22
51% Jan
Jan
36
.
7
Apr
94
>
2
May
Mar
11%
Feb
166
9
Jan
24%
25%
110
3%-
3%
3%
,
25%
•105
110
12,600
18%
35%
>,;i,
9 Va
9
9y8
800
*42'%
18%
35%
60
2,300
52
52
'
,44
35%
35"%
9
f2
1,700
5%
.
'
No par
6% Jan
25^4
25%
♦105
9%
5%
^
5%
18%
*42%
44
35%
35%
9
,
*78 %
19%
Alpha Portland Cement
50
9
*8%
3%
29'/a
No par
100
115
18%
*42%
18%
5
preferred
19
44
35%
80%
-
Allls-Chalmers Mfg common
3 V*% cum coat preferred
i
Mar 11 i
17%
Dec
4%
18%
44
36 V4
25 V8
*74
—1
30% Jan:6
20
Jan
75%
12
80
-
Mills Co Inc
18%
19
42%
lio
.
3%
No par
Dye—
Allied Stores Corp
39% Apr 23
8
77%
107%
.
Jan
Inc.
it
94% Apr 23
May
May
36
89
:
Kid Co
Allied
7.
.
v
Dec
65%
9
May
'31
-
Dec
20% May
,v
42
50% Dec
■
5
34
Chemical
Allied
30
Industries
*51%
18%
*78%
-
52%
5%
42%
3%
-
5%
52
52%
18%
4%?
Allen
52 %
52
5%
5%
35%
9
25%
*103
;.
5'%
37'/a
8%
>
Vicksburg Ry—-—_100
Gold Mining
10
Inc common
5
Allied
a
33% Jan
Mar 18,
<
Jan
.
21 Va Jan
11
83% Feb
8%
7.
Apr 23
192% Apr 26
;
Mar 16
Feb
Jan
,
73
'
8
25% Mar
29
I
96
No par
it
Juneau
51%
18
37
'
5%
*5%
44
*42%
.
5%
52%
13
1
preferred—l.————100
Allegheny Corp common
1
5 Va % preferred A—
100
$2.50 prior cony preferred-No par
Ludlnm 8t,eel Corp_No par
Allegheny & West Ry 6% gtd_100
5
Feb 25
j
Mar
«% May
46
°
86
Apr
74% May
11
33% Feb
;
Jan
35
48
Mar 24
81
Oct
;..v 99% Oct
24% May
24
•
31% Apr
3
Mar
25
105% July
Dec
30 %
91
4y8 Apr
18% Mar 13
39% Mar
Jan
20
11 A11
Mar
t
Feb
29% May
30
xl71
22%
1 May
18
5
Jan
7
8% Feb
Nov
Aldens
Jan
10
12% Nov
Dec
May
.
Feb
Apr
Alaska
21
24% Feb 28
90
Mar 2
Feb
Alabama
"
*52
No par
Corp__ 10
1
Air Reduction Inc
29
24
80
70% Jan
76% Nov
27 %
•
2% Mar 15
Feb
24
Apr
4 % Feo
105
Feb
2% May
-
20 ::
Mar 11
6%
....
Dec
78
22% Feb
101
Feb
112
Not
100
3
55/B
V
10
55
13 y. May
38
-2.50
Co
Stool Co
Acme
15
Motors
72%
90
.90
>62
36%
32%
*104
;
900
7%
-
36%
400
2,000
103
67
100
-
17,300
-37
37%
34'A
1,900
\T
3,900
'
105
,
60
56%
56%
56%
29%
28%
29%
29 Va
29%
H- 700
19,000
13
12
U
11%
11%
200
*56
...
'A*
ii
(2038)
THE
COMMERCIAL
NEW
■
&
FINANCIAL
YORK
STOCK
CHRONICLE
Monday,- May 10,
1948
RECORD
Range for Previous
Lowest
Range since Jan. 1
Highest
9 per share
Lowest
f per share
Jun
6%
30
Apr
24% May
99
May
9% May
103
39%
SIVi
28% Feb
25% Feb
11
Feb
90
17
Oct
Feb
Jan
Dec
110
Feb
19
Jan
88
17%
14
Feb
20%
Feb
Dec
132%
Feb
100
99
Dec
134
Feb
94
Feb
25
Dec
Sep
26
Jan
5
66
May
99
Jan
84
Feb
11
Dec
112
Feb
96
Mar
34
10% May
18%
Feb
59
Feb
45
Feb
34%
Feb
25% Jan
6
Jun
62
Jan
31%
105
77
Apr
Mar
40
Nov
68
"
Jan
Feb
21
Feb
9
Feb
9
91
Apr
Sep
105
Aug
26% July
73
July
121
104
91
Dec
21% May
57
111%
22% Mar
5% May
20
27%
Jan
12%
Feb
11
3
13
Jan
13
May
Dec
27%
Jan
15
7%
Feb
Feb
16
13%
Dec
24%
7% May
11% May1
;.t
0% May
Feb
16%
Feb
10
Feb
15% Feb
16% Feb
60
Jan
69
42%
Dec
55%
Jan
18
May
45%
*
54%
Jan
39%
Jun
Dec
62
7 83%
Dec
17%
Dec
20% Aug
96% Dec
5% May
108% Feb
Feb
29
-
30% Jun
*
31
88
'
24 %
Jan,
106% Aug
Dec
39 Va
Apr
Mar 16
Mar 16
Jan
,
80
Jan
6
23 % Feb
32% Oct
25
Feb
,
17.
30% Feb 27
133% Dec
150
Jan
125
,,
Mar 16
31/
*13%
Dec
Foods
Beech Creek
Apr 26
Mar 22
5
Jan
Beech-Nut
RR
Apr 27
Apr 24
Jan
2
23
27 Va
33% May 6,
14% Jan 14
C, 47
V.
23 w'
40 iJK
r»
39%
40
41
13%
18%
18%
Birmingham
Electric
/%
79%
*36%
\
40 Va
13%
; *88
18T'a
43
*88
*32%
?
/
34%
h/;•
♦100
;■-•
88
90
88
1334>
22%
-
':
it%
i7%-,-;;;
r.
16
i6%:
%->.;
23%
com.No par
—;_100
17%-
:\Z
22'/a
jnew.No par
135
12%
Co—Nppar
32V4
12 Va
>
35%
135
31%
'i?/:.
n%
35'4%
V 134 Vi 1
134
:
32
:"-i:32Va
'
«
34%
V.'C£
12
v
*26%
27
32'4
•
-;
33%
■v.: 32%.
.Ai 11%
11%
134'
Year 1947
Lowest
May
89
>■
35%
11%
32% Mar 13
Oct
21% Feb 10
-29
Mar 17.
77 Va Mar 16
59
Feb
41% Mar
2
35%
51
Feb
20% Mar
4
49%
Jan
38
55 1
Oct
42% Feb
Sep
88
6%
Feb
30%
Feb
3% Mar 16
33% Mar 18
7 Va Jan
8
,
Dec
13% Feb
96
Jan
Dec
18%
40%
Feb
31%
Feb
63
Jan
Dec
109%
15% Dec
25% Jun
Dec
13% May
120
Jan
9
69
Dec
25% May
80
Dec
14 Va May
34
May
May
80
1 Dec
80
May
84
Jun
12% May
6
May
Jun
Apr
;
125
14%
*
Dec
Feb
86% Feb
37% Nov
102%
Apr
16% Feb 11
122% Jan
6
8
Feb 20
65
83
23% Feb
38 %
Feb
95 Va
16% Mar 16
81
Mar 31
Mar
79
Jan
% Feb 26
77
Apr 13
16% Oct
10
Pec
88
12% Feb 13
7% Mar 16
Jan
11
Dec
79
Dec
79
24% Feb
Dec
3
108% Jan
13% May
94% May
19
May
6
Mar 16
9% Mar 16
Mar 12
2% Mar J7:
78
Feb
22% Oct
104
6
8
29% Feb 14
104% Feb
100
.Jan
15% Mar
Feb
22%
Mar 30
x32% Feb 13
16
Jan
Mar 17
98% Jan 15:
23% Feb 11
27% Oct
Jan
Jan
,,
Bohh
12
19
Bon
28
30
*
Feb
10
2
9
30
9
1
37
Apr
Jan
1
32
Jan
22 Vs
124
Union
Brown Shoe Co
14
$3.60
5
1%
11% Apr 22
Budd
Jan
14
3SV« Jan
88
Inc
Co
4
5
Jan
Co
Inc—.
Burlington Mills Corp
13
89% Jan
Watch
9
4%
preferred
3%%
88
Jan
6
16% Apr 27
10% Jan 15
3%%
cony
preferred
Burroughs Adding
*29%
May 4
13% Apr 14
4
Apr 16
22% May 7
104
Feb
3
i
31% Apr 23
1,500
9,560
V
*69%
:
1%
-
•-»
'
19'%:
10%
:
V
4
V
•:•
125
70%
•
-
100
*86%
'
33%''
19%
*85 VB
•:
*85'%
J.100
Machine—No par
*75
V
::
V--:;
*75
V
:
9%
12%
*84
-
85
V
80
,
v;
l'4
9
94
'-:
9%
96
•
*12%
85
3%
*84%
*3%
33i
20 Va
'<■!"'
30%--
20%
*101\l 102
30%
12%
85
3% :
;
20%
21%;.
102.,; 102
30%
30%
20%
-
30%
34%
;
20
80 V:
9
■;
16 Va
-V
9
>
12%
*84%
v;*3%
V
21%
85
4
30
V
'•
1
,'h,
;
85%
85%
87
87
*75
;w.
140
7:4'
too
:■
9
v;
94
12%
*84%;
*3%
22%
V
1,900
-
:
■4,,v:
3% h'4
4'
22%
•
30%fh
10
300
9,900
-
103 h- -4
30 Va
3.400
260
12%
22%
■
-
"-4V
85
-
*101
30
'~£V'
16
9
*92
103
*29%
-43.100
19,200
-
15%
9 ;
.3%
"
.
80
12%
21%
300
1,000
,4:2,600
20 y4
35%
84%
,
*101
,7
-
20%
94
3%
22%
102
;
19%
16%
s% 4:
4. 12%
4, 84%
7
hV
36%
88
20%
7 80
94.,
3%
71
16,300
25%
87%
13%
r
-v-,:-
96
V. 13%
102,
1
30
70
35%
65 V2
*75
*94
6.200
«
10%
35%
*87
*76
15%
21%
*87
44
100
too
20%
1
85 Va
:
87%
v
,
'-
20%
86
86%
•
44
t;
h:;
r
98
125
10%
70
'
19'/a
:,"4
-2i
35V8
*19%
'
*123
88
20%
87%
,'
69%:
*35%
*86%:
i
:
4.
10
V 15,300
19%
30%
4,000
1,000
2,100
100
18%
10%
3.400
'•
32'%
19'%
21%
V,, 125
88
20%
34%
*85%
II;
*95
35%
4*34 %
v
15% 416%
12%
*84%
'
3%
102
86
,
12%
20%
*3oy8
9
19%
29%..
28%
100
19%
10%
6,500
4'
.4
31 Va
21%
*123
10%
70%
*86%
..
20% '
87%
*75
94% V 95%
'•
r' "•
3%
-
V."
"80
9
:
*20 Ve
*101
-':
92
•
*76
35%
;
21%
125
10%
34%
20%
15% V 15%
94
12%
•i
*34%
*85%
u
16 Ve
9'/a
34
86
*123
.-55'
*29%
98
19%
r
.413,600
I v.; 300
9Va
29Va
30
*95
4%
•
io3Vh
Vi
„
30
6,400
7:
28%
297a
3131%
'• h:
•100
lOOVa
h 18%'
19% :
18%
5,400
,
i
37%;-
10%
28%
480
2,700
•
41
ia,4
10%
I:: 28%
|.
100%
21%
v
20%
20%
20%
*85y8
4*85%
88
10%
29%
19%: ,19%
|;
*50
98
35%
*86%
'
93
.—5
33%
Xl9%
.
86'% '. ;
92
35
r\;
•
80
15%
:
20'/a
35
88
33
*95
10%
70% \
*70
-20% '20%
35
125
410%
5
.
;
;
54%. 55j
*91% 93
"
28%
25%
X40%
,
1,300
390
25 Va
'
17,300
h
82
425a
i
30%
21%
*123
70%
35
20%
*33%
•
21%
V
10%
28%
33
10%
V
37%
C'Va v" : ,-:;/■ 8%
65
'V
*50 r
8%
•V
1
*29
98,,,;
80
;
1*36% 1:07 %¥| hi
9
30
17%
„
19% '19%
121%:
-
-
4VI10
33%
42%
41%
'
41%'
433%
4; 54V»
54% V
*9192%/
:•
37%
■-:. '■
55
•100
.:
*29% ,.30%
*95
19%
88
20
;
'
"
98
10%
;•
.100%
V 17%
17%
-
:
29%
32%
25 Va
9,400
! ; '4 400
27% 1.
4%-
.
10%
29%
■
♦100
30%
'•
19 Va
123
10%
29 %
%
*40
900
5,800 vi
4'
/h
.'.:27%
43%
2414
41%
I
i6%32
v,
f "4 >";:15%;"15%
•.■'81v--:|':;v
•
Shares
"
31% *
V.V'«
27%^
33 /I'l
•42%
54%
*50
30
;/ 32
35
'
:i;
1
'100%
17%", 17''%
20%
♦
•
10%
70%
29'%
8
1
.„)
-*80
/
92 3%-hi
*36%
.
8%
55
/;
29%
32
4%
■
15 %
the Week
31%
:
16
•
41
•
/.III 1133V/?
,
543% '
*91 %•
37
0% ■'
10%
e
41%
:
4%
36%
..
*50
30
*29%
-
41 Va
5474
I
26%
25 Va
42
4%
-
;
*100
V.
25%
"
29%
•
24Va I
91%
31%'
15 Va
42%
4
I ;4
*39
Sales fer
9 per share I
h V 30%
16%
31%
4 I;
Fridar
44
31%
;
27 %'
80 Va
43
|;
:
Vl 430
.-•rt
800
■VIt -.v.";':
1% Dec
6% May
21% May
12% May
110
Dec
30
2S
Dec
Dec
9% May
34% Dec
x65
Jan
.3% Feb
8% Peb
34% Oct
17% Feb
132
Peb
48% Feb
25% Peb
15% Peb
i
27% Mar 17
52
Jan
5
1% Mar 12
6% Feb 11
24% Feb 11
13% Mar 29
108% Jan 13
38% Feb 11
14% Mar Jo
10
24,
yar 4
California Packing somtexm—No
preferred
8V«Apr 19
31% May
15
Feb
7
9
115% Jan
2
43% Apr 19
18% Jan
6
15% Apr 23
Jv-v 7
n
35% May 7
53% Feb 18
2% Jan
2
,
...
par
50
Callahan Zhao-Lead
—-—1
Calumet 6s Hgcla Cons
Copper.^
3
Csmpbell W dc C Fdy
Nopar
Can Dry
Ginger Ale com
i.66%
$4.25 conv
preferred.
Nopar
Canada Southern By Co
..loo
Canadian Breweries .Ltd
Mo par
Canadian Pacific
Ry
V
4
4,300 ' I
2,200
TOO
;•
v
v-
||; May, 5
16
39%' \
.26%
33
54%
8%
*86%
No par
—5
par
24% Apr
*1% Dec
,-l
-: 29,600
11%
31%
16
80
42%
'
,
55
29'/8
*95
21
125
•
*15'5
I'v" 39 Va
33
.,*91/
V 36%
"31%
:
10 Ve
pfd..lC0
common—Nopar
7%
.participating preferred—.100
Byrsn Jackson Co
_N»
29%
98
*20%
preferred—100
Byefe Co (A M)
4
■
33%
11%
.
May 6
31%-"
A
413/4
^
V4%
10%
31%:,
.100'%
17%'
17%
*29%
30'%
f*123
common—.—..-—15
4%% preferred
J———100
Butte Copper & Zinc—
9
33%
200
V
34%
,
.2,300
-
;
134%
«v
9 per ehari\
•'16% ' -'
24%
'
31%
4
1
36
10%
v;1': 19 Ve
Bush Terminal
............
1
Bush Term
Bldg 7% preferred—100
Butler Bros
96
34
11%
;
:f
27%
34Va
34%
1134%
JThnrsdajr.,
.III;: ■4
31
hi 16 Va
hi 31'%
33%
:5 42%
91%
4%
/
'' v-
80%
25%
8%
*50 ;
29%
*30%
27Va' (4^
79'%
'"t43
*91-
8%
10%
*95
—..5
oommon—1
,
«
*100
—No par
....
2nd
-
:
.
27%
*33
40%
41
53%' 54 %
55
;
100
Niag El Corp 3.60%
Bullard Co
Bulova
*f%
30%
16 Va Vf 16%
79'%
24%
.
29%
-
common—.No par
No par
Buff
*
7
15,400
6,700
;
PRICES
Wednesday
c,:" May 5
4 $ per fbare
30%-
■,.'
33%
•v">- 42
37
V
No par
preferred
(The)
91%
4%
*50
common _—15
common
"54Va-
27%
:
79%
•
53%
V
' ;
%:,'; 32%
■</. - ■■31% •"■ 32%
*15V:-.i 16..VVV '«• fl5%- 15%
•"""
—
39 f!39%
*39
39%
32%
40% V
^
.100
—i
25 Va
*9i : ;
*4%
*36%
•*
.
.2,50
—
....
Feb
Jan
.5
preferred1 ——
Buffalo Forgo Co—
2
35% May
21% Jan
89
25 Va
Qas—... No par
Co
$5
21% Apr 22
88
common
preferred
Bucyrus-Erie
3
74
common..
Brunswick-Balke-Collender
Apr 28
Mar
Co
'
42 %
•
per share 'h:
31
27:
33*
/
82
,43:V4
40%
cum
preferred..——100
Boston 6c Maine RR
(assented)-100
Roller
Bearing Co.—1.
5
Branlff Airways Inc—
2.50
Brewing Corp bf America..—iiLl5
Bridgeport Brass Co.—
—No par
Briggs Manufacturing
No par
Briggs & Sferatton
—^
No
Brooklyn
Apr 30
21% Jan
*
1
3 Vi %.
preferred
6
96
*79
15
Corp
Bristol-Myers
27.
19% May
39%
27
: 32%
—No par
No par
B
:
18
4
*39
30%
L3%'-:- 16 Va
31%
-
V 23%
Br*si—,i_5
A
par
6
101% Apr
6c
class
30%
l 9
Vv
SALE
; '
,
May 4
9 per share
16
*15:.>
Bower
9% Mar 22
71
Co
Borg-Warner
91% Apr 23
5% Apr 24
11% Feb
33% Jan
vl5%
Tuesday
May 8
31
.'31
Bond Stores Inc..
Borden Co
(The)^
2
37 % Apr
*30%
AND HIGH
Monday
9 per share
No par
No par
Co—,————5
Aluminum
Ami
Class
5
55 Vi Apr
2
93% Feb
5
15% Mar 16
27
Feb 26
90% Feb 13
17% Fei) U
20% Nov
May
Jan
'
42% Apr
11
25% Mar 16
28% Mar 10
28% Feb
36% Jan
106% Apr
27% Feb
20% Dec
Feb 24
50
Apr 28
9% Mar 16
x27%Mar 17
Feb
May
23% May
30% Nov
96
Saturday
1
f;!h; May
Inc..—
.-2.50
Bloomlngdale Brothers..—No
par
Boeing Airplane
9
26 % Jan
102
,
Apr 20
29% Apr 16
34% Apr
LOW
4
>
Black 9s Decksr
Mfg CoBlaw-Knox Co
Bliss (E W) Co
Bliss jt Laughlln
41
Jan
Dec
72
11
Jan
May
26
Feb
July
•
30
,
15
24%
3% May
,
22% Mar 16.
■
:i
.-
84 V-V
26%
"
-
33%
11%
i
'800
V.v
STOCK
Par
Apr 24
16% May 4
32% May 4
17% Apr 16
11
NEW YORK
.Vj EXCHANGE
•
67
7
96
Feb
32
116
32
90
11
.
4
STOCKS
share
Deo
'
0%
Feb
!-41%
,
May
81
Nov
U8% pec
38% May
37% May
88% Dec
1
28
X13
7 /
■
Highest
9 per
Dec
,
45%
25
i, Jan
36
since Jan. I
.
9 per share
x20% Peb
18% May
14
May
28% May
14% May
29% Nov
'<
Lowest
1
J per share
12% May
-
Range
Highest
$ per share
25
4.-.V'4
>
35 %
16% ; 16%:
34%;'
Range for Previous
•
24Vi •.'24%:
134%
33 Va
-
-V 1,100 |-
•
'
•
;
,-••
102
84
84 Va
4:
1,200
22%
V", 34%
27 Va
:33Va
4-
60
1,700
A
17%
*100
84
X33%
3,800
V
IT.;
17%.:
22%
'
r
•:
40
-
■
35
27%-
33%'
f. 16%
V'
24%
*82
34%
351/a
*134
V 135
32%
11%
83 iV:
I; 1,600
•
16% A
v
;V
VV'" ,11 '00
V
*88%
22%
16%
21
13%
13%
*34% ,35 -a;,'
36
'<'■ 36
;
,
102
33%
v.
;<* 24
24
"!■
■
,
1,500
2,200
88% ;
: ;' -'
21
,
16%
17%
22%
*ioc- •
; 20,000
-
v-
...
35%
*17
-
:
;
34%.
%
700
'•
"87
13%
34%
35%
/■ 16
1.9 7/a
-V: 40'
40
'v-
A;,;.
89
V, 13 Va
•
-
34'4
16%
16 Va
:
*80
17%
83 '■
27% A
33 Ve
, ■:
*20%
16
V "424A-
|
'- 33 "4
.34,
34%
19%'
is
88%
21
/M
17 Va
V
24
85%
19
•41 /V"
36%"
33%
l6Ta
23%
*83%
43Va. 43%3;-.v
13%
13% V-'
*8CVi
*21%
22
'•100 % 102
;
■■V 27%
33%
v
135
32%
iV
v'
13'4
A
130
:
:
A'VI
40
-V
6,900
-
.6,500
23%'
43'4
A 46'4
16
34%
"16%
23 V*'
85% in;..-
*39%
'
V
19
13V4
34%
36
102
34%
27%
*
33% s,;
34% 44,
34%
V
'
16
*83%
27%
/*133%
34%
23%
■
85%
/;:;-5v 33%
33%
,
23
*83
i
%
13'4
->.■■
17%
40
88 Va
*32%
16% V
■-
;
29%
v-.
,
78%:'A
*23
39%
*
16J4
.
34%.
£T
1,500 ;
V--
52.-r.
25
33% i 33% ;.V
♦52%
54%
-.—•2%
'2% 4 "
V"
7
*29%
/
7%
'.30V4
14
*52%
34%"
54%
3*%-v'35
*52%.,-04-vV
2 '
' '2'%"'.
'
2Va
'-V'T1 ?
29%
29%
•
'14%,
11'2'%1I2%;'
112
*42%.
45
18
13%
*17V4
18
*17%
14%
15
14%
14
112
v
,
If
?a%
——*17%-' 17%14%
rf
15%
V ^ i ii i
,
1
2
: 7%
*?n
..hh'13%-14-/
42%-
17%
42%
'
18
14%.. 14%
m
34%
34%
52%
52%
*52%
2 Va
2%
7
V
7Va
4*
2«
13%
1334
112% 113
1
34%
52%
T'r,
29'/4
iV',^fl2 "i" 112. |
:.-JV5->*42%« ?. 45-'
1.5%
35
,52%
2.: ;■
7%
,
I-
;4,if Vl V",
4 35
'■"
7%
2%
*42%
45
-r-
7%
•.
*
33%
2P''4
13%
13,%
iiiv/znw*
,
*42;
7*18 ""4
,-,14%
44
54
6%
.
f
2%
•: 7
.
30
31%
13%
/
13%
IV112% 113
;^'7*42
•
13% ;
,14%..,
35%
-r
2
*
7
-
14%
.
:
4,4
44
;
VlS'/a.
-
-
X- 6,500
117,600
,41,90.0
"
28%;
227a
21 Va
90
'
*87
36%
v
22%
22% :$>:
22%
•100V4 101 Va>>: *100
■
% 101 %
33%
$
21
36%
;16
"J':
*86%
*32%
•
15 «4
25 Va
50%
;;
V
3,000
41%
;7;
;
20,900
,
78 %
•
50%
18 Va
'
V
131/4 rl3W>:
34Va'V
■
V';,v;
[yyi
42
18%
38
88
-
40
200
5,100
V 2,000 ■;
13%
>,
21
;
23%
-1,500
-
'
:14%;:-V
247a
<7
i
too
15%; 15% :A"
,
I
160
v.
42
14%
78%
48%
22 Va
*39%
.i-.-.v
'
6 >4
•-
A14%-'
?9%
*77
A-
'
:c
88
-
49
t
15%
28'4
78 Va"
48
,
v' 41%
37%"
87%
34 Va
•
28%
13% r
18 Va*
21
16%
r
25%
:
43%
: v. 37
V
36%
-
24
*39%
13%
20%
36%
17%
22%
V*
-88%
*32%
'
16%
17%-
Si
37
J.:
*13%
36%
16%
24%
23
i&%
'
20%
13%
*36%
;
10
*88
*
J 23%
42
?
2,500
1,870
17Va
6Va
41%
14%
-40
% 42
*17
14%
78
A
,
i
6%
27%
'
V;
"
90
^
;v-i3%
—50
,
36%
88%
20%
,
50
17
-
23
.
6
r 6%
*13% '- 14 %
13
:
13»4
,
13%
13%
14%
23
*39%
13 Va '.V'"'-
18%
i'.i
37 ''--V
•;
;>•- 2c%
«V;'r.
:.V
rv
;■>
6%
'
107
*18
-
:
400
•
'/
56%
107
21
440
;
22Va
56%
108
13%
79 Va
48%
23
■
22%
%
1,500
23,500
109%
96
"
96
56
15 V4
3,600
43 Va
109 Va
14%
27 %:'
*78
-49
43'4
V
14 Va
;•
58%
37%
23
41%
3,400 '
76
13%
;
58
96
s'
1.200
-
16%
*36%
110
:
6 '■
15%
104
*71
42 Va
V
17
42 ••(
104
<
53%
13%
.
15,900
16
13%
6V4
-'
'
15%
.14%
23%
•I 27%
23
79%
13%
15 V41'
14%'V
23%
27Va
so
27%
Bigelow-Sanford Carpet
26%
-
14%
13 Va
23 Vg,
47
40%
6%
>V
Wt.; 41%
14Va
22%
I
■
1,400
36%
'
42%
15'4
--
14%"-
23%
V
of 1946.No par
(Del)
15
;L4%-4,^
*46%
*22%
■'*
42%
...
13%
V 79%
-
N
1.——1
Steel
-
6%
;:
14C-
29 Va
16
6 Va
17 Vi'
98%
'105% 107%
:
76
21
14%"
,:i3»/4
13
103
"107
^
6%
'V:> 16%
'
14 Va
5 V
6%
-
22
.
*13%
13%
17'4
Q*-
6%/,.
15
13%
14
13
17%
"
14%
,
preferred.——
15 Va'
>:
13%
com—No-par
7%
15
pJCU
42
27
par
Bendix Home
Appliances.——33Vsc
Beneficial Indus Loan
Bethlehem
iV.-- C'/a
V\7
——
Foods——
6%
22%
—1
<?0—
£um pfd $3.25 ser
t 6c Co—...
13%
14
,v
6
1.05%
*22"c55%'
130
97%
29%
29 V«
109%
*95%
300
4,ooo
11,100,..
■;
"110% U0%
100
41%
109
*21
6%
17%
56%
57
-*107
24%
,
6%
17%
770
16%
36
23
56 V*
112%
17%
'
'
14 Va
*70
96
22%-
•111%
19
?5%
li
,
1,700
340
14%
15 %
110
95V4
•*
56%
109 Vj
*21
'■""J.
*17% -17% V
42
.
,
Aircraft Corp.—,
—1
Bell 6c Howell Co
common——alO
4Vc%,
preferred—r—*——100
Bendix Aviation
——-5
Best
6%
*39%
—
5
13
96
23%
*107'
6%
'.•*13%
17%
42
.v
Apr 29
35% Apr 27
36
Apr 23
137% Jan 9
14%
17%
*109%
700 :
51 VI
-16%
103
42 Va
17,900 :
96
16
103
35%
41%
110
23%
56%
24 Va
:
'■f- 6%
42%
51'/4
14%
29%
76
12,000 f
490 *
12%
100 %;
953,8
111%
*93
57%
35%
•70
95 Vi
/
108%
*21
6 Va
14
|h 14%
Bell
,
25
6%
V
Beldjng-Hemlnway
3
56
/
Co
Packing
23%.;,
h;
'"i
*
94%
23
'?<>
common.—29
3%Yr< cum conv pfd—
„J-100
Beaimlt Mills, Inc..,
2.50
Beck Shoe <A 8)
4%% pfd—..100
Beech Aircraft
Corp.————;—1
28
Apr 28
11% May 6
18% Jan
.*
94%
*107
36
76
109%
55
*13%
5
'
Beatrice
87% Mar 10
14-
Iron
109%
95%
108%
15%
57
42%
57
15%
15%
*70
43
109%
105%
103%
58%
35 V*
76
42%
102%
15%
■
35%
•70
109%
*21
6c
Co—i
Works Corp
35%
76
30
'■•103%
103 Va
29%
100
,
;
-1,200 *
96
12%
*110% 112
98
57%
./
.
-
23 Va
"
1]
Oil
36
44
*13%
~
—.
Jan
%
common—*100
preferred
—100
Baypk Cigars Inc——No
'
15%
110%
97 %
:
/
-
29 Va
51%
I
2,400
5%
95%
'
96 Vi
10%
.29%
30
107
102^^
57%
*107
50
Bath
15%
57 Va
110%
97%-
30
V/ xl05%
102%
15%
56Va
v
1
Works—
102%
110
97%
29%
107%
67%
No par
Ine
non-cum
Barnsdall
103
-
> 97%
29%
105%
05%
(Delaware)*—j_50
5
24% Jan
■
T)
*97
1
*22%
Barker Brothers
common*———10
4 % f*
preferred
9
-
17%
19%
24%
99%
35%
21%
„
Feb 11
16% Apr 30
23% Jan 20
(B
preferred—
97
29
107%
110
•
1
Shares
30%
-
14
17
Sales for
the Week
.
16
14%
16%
111%,
29%
100%
"
111
17
14%
17 Va
,
Aroostook common—50
Conv.
6%
preferred
—*..100.
Barber Oil Corp
8
Jan
37
Feb 16,
Feb 11
conv
Bangor
15% Apr 18
34% Apr
8
26
103% Feb
35% Jan
24% Dec
19%
Feb
25% Nov
28%
2
$9.25
4 %
€
Jan
100
Feb 11.
32% Feb
5
14%
15%
18%
93%
May
■
■
*16
14%
109%
5c
,
HOVa
17
36
Ho par
No par
No par
—
06'/t
14%
43%'
Automatic Canteen Co of Amer—-5
Mfg Corp (The) common—3
Baldwin Locomotive
Baltimore 6c Ohio
5
21% May
4"
30
18% Oct
May
17% Sep
21V# May
77 % Dec
May
8% Jan
39% Mar
28
41
90
Feb 13.
Feb
2
16% MaT 10
18% Jan
95.'
!•'
85
Feb
12% May
10% May
16% May
4
••
Co—
X51%
17
5%,,
■
29%
100%
52%
17
*110
5%
96'/a
96%
.
8 per share
12% :
100%
*16 Vi
May 71
";
,
30
28%
;
Friday
*
,
12%
96%
110%
'
'
95
51%
14
*70
Avco
Babbitt
•»"
Jan
40
Autocar
.
44% May 7
16% Mar 31
23% Jan
2
9% Feb 24
10% May
Jan
110% Jan
Dec
44 Va Jan
U '
*•
12
-
Mar 24 *
31
19% Feb
24% Nov
18
11
37
Dec
35%
10,
Feb
8
15% May 7
25% May 7
29 Va May
6
80
Apr 30
52
May 7
24% Jan
9
*
11
x42% Mar 15
20% Apr
9
28% July
Dec
20% Apr
8% Dec
Mar 16
60
Feb
10
15% May 7
15% Apr 23
13% Feb
f
Jan
-
110%, no% ;
14
15%
.100
common
*100
51%' ''
96*%:
,
17
*56%'
"
—Ho par
Corp—
12%
<
16%
100
prior pfd (8120)
97
12%
-
96%
51%'
■a
.
*16
103
5
Nichols
Conv
6"% Apr 20
43 % Apr 20 V
13% Feb 11
12% Feb 27
25%
■■■■
Austin
97
12%100
May 6
*5%^,
'30
14%
97
A—190
Corp
Atlas Task
6
19% Jan
Va Apr 23,
4% Feb 26
35% Jan 22.
May
,
Atlas
Atlas Powder common
4f*
conv
preferred—
7% Jan 29
Apr
series
Preferred 53.75 series B
9
19
Feb
Jan
Dec
Jan
preferred
6
29 %
16%
29
preferred
—100
Refining common——25
conv
51
96%
111%
Tbnrsday
8 per share
30
28%
98
12%
100
110%
103%
non-cum
4%
5%
30 >-
16%
RB
No par
Lines common—1
*
;t.«,
.
,
96%
.
''
6
98
<
110 %
17
.
8 per share
30
23
13
100
50%
May 5
t.
29%
*29 V2
'
50%
•
.
PRICES
Wednesday
'
*
_•
*13%
10
6c W I 88
6%
23% Apr
8
64% Apr 16
114
Q
Atlantic
6
14
18%
29%
13
Jan
26
Dec
Dec
49
5
30
24% Jan 20
15%
'
97
13
13
4% May
Dec
All
6
'
.
98%
12%
*99
96%
*110
Atlantic Coast Line
,
r
110%
*16
>
97%*
13
*50%
No par
Inc
23%
97
110%
5
—
30
28
99%
*96
2d
ATP
1
20% Feb 25
5% Mar 12
Feb
•
7
78% Mar
Corp
"•
29%
8ALE
-
8 per share
' 6
12%
No par
conv.
tper share
6
HIGH
Tuesday
May 4 v,
,
27%
*99
preferred-—
100
Associates Investment Co
10
Atch Topeka & Santa Fe
com—100
5%
non-cum
preferred
100
2
44 % Apr
9
No par
No par
Dry Goods common—1
preferred
—100
1st
1%
111% Apr 22
Mar 30
17%
36%
Jan
Corp.
6%
4
com
■
30
97
—No per
preferred
Constable
Artloom
30
100
com
preferred
cum
Associated
,
,
Feb
55
July
May
58% May
47% Mar
22
30
102
Dec!
113%
Dec
-
5
Apr 30
17
24
23%
14
Arnold
104% Apr 20
11
40% May
:
30
108
3
14% Feb
81.75
7
15% Jan
May 3
6
27%
10
at Co of Illinois
$4 eonv prior preferred
7
6
-
.Mo par
preferred,-—
Armstrong Cork Co
17% May 7
110% May 5
102% Jan 12
Mar 12
conv
Armour
Jan
06% Apr 29
16
*98
4% %
112% May
16% May
12% Mar 12
12% Mar 16
99
Arohsr-Dsniels-Mldlsnd
Steel Corp com
14% Jan
5
5
tiArmco
52% May
2
Feb
2
$ per share
■
AND
i 1 Monday
May 1
Par
Jan
106
LOW
gatariay
A P W Products Co Ins
32% Jan
10
Jan 29
104% Mar
10% May
13% Dec
34% Jan
41% Feb
.
,
Apr 29
101
11% Mar 16
91% Feb 16
Jan
130%
55
6
14
~8ep
~14
3
V.
EXCHANGE
9 per share
Peb
37%
15%
Jun
4% Mar
Oct
109%
Dec
38 %
Feb
'
NEW YORK STOCK
Highest
$ per share
'
3%
STOCKS
!
Year 1947
{■;
THE
Number 4697
Volume 167
COMMERCIAL
FINANCIAL
&
CHRONICLE
£ 1.5-
NEW YORK STOCK RECORD
STOCKS
Range •forPrertoBS
Range
Year 1947
Lowest
since Jan. 1
Lowest
Highest
.
LOW
NEW YORK STOCK ♦
exchange
-•:y
,
Highest
Saturday
Monday
May 8
May 1
.
-v
HIGH
AND
SALE PRICES
Wednesday
May 5 ••
Tuesday
May 4
Thursday
7
t per
I per share
$ per .share
4 per share
share
-
'
,.
4 per share
.JPaT
'i
-
t per share
t per share
per share
44% Apr
15
Cannon
14
Apr
21
Capital Admin class A common—1
48% Apr 21
55
Feb
6
Dec
38
Mar
Apr
14%
Feb
11
Feb
50
May
57%
Feb
5%
Dec
15%
Jan
5% Jan
2
Nov
1
102
Nov
Jan
100% Feb
Dec
39%
Jan
27% Jan
2
38
Dec
50%
Feb
32»/» Mar
4
128
109 Va Jan
Mills
1—-^Ncfpaifc
83
preferred A
.»
nCapital Airlines, Inc.—:——,
8% Mar 22
18
27
6
C«roiui«
Clincd
31% Apr
3
Carolina
Power, &
41% Jan
12
Mar 16
17% Jan
5
35% Mar 30
43% Jan
Ot
6
29% May
-
Oct
45
Feb
6% Mar
1
Dec
35% Mar
9
7%
47
,
158 %
Dec
132
14
21% Oct
:
Jan
.
,
130
Jan
Feb
Feb
26
5
143
9
Case
5
May
preferred
Caterpillar Tractor—
Feb
53
64
Apr
17'A May
28%
Dec
22
Feb
13
30
Dec
108%
Jan
97
Feb
10
102
Jan
21
130
Dec
156
Apr
123
Feb
11
137
Jan
2
49% May
64
-.19-% May
32%
Feb
19%
Dec
21%
Feb
*17%
Dec
22%
14'/a
10%:
17
23
3
29 % Jan
$4.75
100V4
Dec
5
5%
18% Feb
7
Central
.8% Jan
8
Central Foundry
5
!
Jan
2
v
Feb
4
80% May
Dec
96'%
May
12%
6
20 % liay
5
Jan
11%
Dec
16%
13% Apr
10% Jan
1
Oct
9 V4
-
V 28%'Apr
1
197
Nov
**
11
:
'*
Mar 11
8V8Mar 19
Feb
14%
Dec
22%
>
'
79
Apr
4 %
35% Mar
22% Feb
19
11% May
21%
Jan
13% Feb
10
20% May
30
Oct
Dec
•
24% Feb
Aguirre
Mar 31
Central
111
16
\
Feb
20%
10% May
18
Feb
90
110% Jan
>•
.17% Apr 23
',33
24
Jan
30 Va
Oct
54%
Jan
37% May
44
*62%
16%
37%
Ve*
44%
,£
*134
■
'
134
134
28
28
28
18 Va
19
18 Va
-
80%
80%
22%
23
27
12%
12%
•107
105 Va
81%
Dec
3%
Apr
5% May
-
82% Apr
102% July
7%
12%
Feb
5
Alay
Jan
29
•6% Apr
11
9% Feb
29
,
,13 % May
7
,'12% Apr
11
24
14
4 % May
8%
Feb
6
Jan
8% May
15%
Feb
12
Jan
2
17% Apr
7%Jan
2
12% May
6
May
4% May
•
>
•
2%
10% Jan
Dec
6%
4% Mar 16
Feb
6% May
14%
38%
Feb
27%
Feb
13%
Nov
33%
Nov
53%
20%
Jan
34%
X 30
Dec
■it
51% May
56
Apr
4
9
11
25% Feb
Feb
15%
Jan
4%
Nov
18
5
21Feb
7% Mar
•
14% Feb
Apr
Feb
11
Dec
42% Mar
•31
Sep
66%
Oct
i
29%
Jan
:
23
Nof
98
Dec
111
21% May
28
5%
Class
B
Chicago Pneumat Tool com..No
convertible
Chic
Rock Is &
Conv
Childs
Co
5%%
Cincinnati Gas
4
x94% Mar 11
Feb
99% Apr 23
20% Mar. 13
,
.26 y Apr 23
48%
Jan
36Va Jan
34%
Novf
28% Mar
9
32
11%
Feb
7% Mar
9
10
Jai),
Jan
6
84 %
6
78
Dec
Mar
94
V 12% May
20%
34%
78
Feb
; 23
Nov
May
■
26
41% May
1
Jan
C
'7
com.!
St ffilec
4
-i:
29
( -83%
83%
85
84
85
Jun
-
;■//
l
Jan
,80
35
29
Nov
43%
Jun
>34% Feb
10
,
Dec
115%
Feb
105% Jan
Jun
85
6
27%
34%
107
9
7%
58 ^
6%
6
i
Va
4,800
}v
13
18
13%
13,200
12%
-
12%
12 Vs
12%
13.600; •:
9
6%
8%
8%
8%
9
16%
17 VB
16%
17
12%
11%
12%
12%
12=4
73/4
7%
C
7%
5,000
,
8,900 ;
14,400?!
7%
11,900
9%
10%
21,100
321/8
33%
10,200
18,700
'
9%
17%
13%
>••:
34
;
4
40
*40
58%
18%
30%
39%
3,800
33%
33%
33%
33%
2,600
54%
*53%
33% /
55%:
*53%
55%
100
35 3/8
22,700
34%
613/4
Va,
17
17
3%
v
•
m\
58
12
*,-
611/4
4,100
3,166
19%
18%
\
i
3%
4
1,700
*62 Va
63
200
«<»
'/t
57%
;
12
.
4
63
i/o
61
63
5*3%
58 Va
34%
"11
/
18%
17
63%
*39%
59%
35Va
61%
*11%
4
63%
42
34%
60%
12
3% "
,
17%
39%
34V4
63 %
/; 581/4
18
38%
♦11
16%
*62 V2
16%
60
61%
3%
63%
1754
39%
54%
,12
16%
10
33%
:
35%
00%
*11
32%
17%
55
34%
:V.
.
9%
31%
38%
.
34a4.:
*54%
9%
31%
31
V
39% '40%
16%
58
5%
200
16%
.73/8
■7
IOVb
323% ?•,
34%
•40
•
58%
8%
7%
9%
61 VB
r
6Va
1,100
39,300;;
800
11%
.
,
32
>32
62%
*84
12%
12%
16%'
12%
7%
37%
12%
12%
12 Vh
.
9%
11%
55 B/b
—
4
6
V 12%
16% "17%
: v
10%
*16
41
*40
I T
26
Financial Corp
26 Vb
' \
No par
—No par
City Investing Co common
5%% preferied.-_
v
*29%
City Stores
31
May
Clark
1
Jan
24
V'39% May t»7,.
'110
100
*391/4
40%
58%
10
58
57%
253^
►25%
25%
41
41%
40%'
41%
40%
41%
30
30
29%
29 3/4 '
29 3%
29%
i.
33,500
834
8%
;8%
83 H
*78 v'4
'83
*77
*173%
Ry Co <com—100
*169
190
preferred_.;.__100
non-cum
*83
90
$4.50 preferred
17%
"34%
:
190
90
•
**169
*83
*169
*83
110
MOOVa
25 Vb
106
i
25%
7,000;
106
*190%
x25%
25 r%
25%
1,100
39 Va
40%
39%
40%
20%
2934
30
30
12,300
1,400
8%
,
25%
8Va
.
83
*78%
00
63
'>y ■ 17%
.17%
17%
34%
34%% 34%
'"*34%
190(
*169
*169
90
.
*83
*83
9 >/»
8%
,*78%
418%
?
"
6,600
;S
•
83
17%
35
*169
*83
.
-
190
1,900 '
>i
1,500
18%
34%
f4%
0
-
?
•
90
90
v
A
38%
38%
38 %
39
108%
No par
•
•®
,
*78
17%
34%
*'
35
8
83
*78
/
I
18%
34
'100%
,
.
...
8%
8
8'/4
*
._5
•
>Cleve Elec.Illuminating com—No par
May '3
.
no
25 5/b
25%
25 Va
20
Co
26%
*100%
*100%
u
•
8%
t
.j___
Equipment
5%
.—5
2534
15%
25%
■;
25
30%
41%
.
26%
105
25
41%
*25'%
10
26
25%
110
*100%
100-
Machine Co
City Ice St Fuel
2
19% Jan
27% Mar 18
Jan
95
•••"
T2
•
32 Vs
34 Va
700
40 Va
9
61
500
6,800
11,400
♦
:
2,300
29
11%
M. >
'
1
93
39
17
*54Vb
4
*97 Va
98
12
16%
:c2%
23
22 %
*97%
6%
343i
*61%
30Va
23
29%
22%
99 Va
123'a
16%
29%'
X 29V2
23%
*97%
39
6%:
613/4".
*16
16 »/4
.'22%
13%
'vV; '-/*11
1'6
30
8%
12
153/a
12
1
61
•
'
30
100
27'/4
99%
.
190
9%
27 Vb
*29
34
;.i •11-,
*29
"9%
23 34
b'%
56
16
9%
26%
*9
-
12
33%
8.50
preferred
4%
C C C 4 St Louis
85
30 4
9%
253/i
15%
'
e
25%
153'4
9%
25%
-
28
/./•■
25
Cincinnati Milling
Apjr 20
^15% Jan
May
93/e
*97%
.
8
600
38%
333/4
2.50
—j,—-—
12
23
40
preferred-..:.—100
Chrysler Corp
,12
28
17 v4
34 vb
....100
Chile Cupper Co
12%
38%
39V4
com...___h
new
*12 V4
12%
-»
Cotton OH--.'-—.—10
Apr 28
2
63% Jan
37% May
:
A
12%
39
-*33%
Yellow Cab—^-.i-J—No par
27% Apr '22
;
series
12%
29
39%
Pac RR Co..No par
preferred
13
*29 V
;
i
57,900
80'/a
'
11%
*54 Vs
106 Va
38%
b
preference..No par-
7%
2,600 f
3,300 '
28
12 Vb
■
734
*11%
17%
par
8
*28
39 3
100
73/4
1,800
26
18
No par
com
8
700
7%
105%
12%
7
7%
*78%
12%
-
73i
29 Va
13/18
•
17%
7%
80%
*8%
-
11%
7%
17
17'%
7%
12%
.-1.
9 Va
9%;'
'31 Vb-' •».31%
30%
preferred
Chicago
•
■
9%
l.—lOO
Chicago & Northwest
$3
7%
No par
—
Paul & P vtc__No par
17
17%
29
6%
240'
18 3/4
3,700 /
v
106%
>. 12%
:
18%
7%
33%
-11%
18%
:
27%
12 Va
16%
11 %
300
•
13%
27%
*78%
83a%
9
16%
Series A preferred vtc_,
5%
v3- 8%
50
136/.
28
18%
•
*1051/2
83
12'/a
134
27%
135 Va
27%
28
30%
83
,
;
12%-
12
36,300
8iy2
39 VB
;
cl, A—25
Louis Ry Co
Chic Milw St
2
V 27% May
•
Ind St
84
1,700
30
102
106 34
385%
12%
.
—
preferred
Chic
Cfrlckash*
40
.
__40
12%
63%
29%
102
133%
V
63%.
28s/4
27%
*12%
29%
*27
39
62Vb
102
17
16%
99
6% v-6%
com—No par
_'L_—
,
200
-
<*79%
23
29%:,
*83
•
RR Co
135 '
•
25 V2
22%
62
281's
*101
142
*105%
16
♦97%
63 v
29 a4
142
29 Va
25
*29
142 '/a
81 Va
9 Va
•*
,
*140
12,500
1051/2
16 Vb
42%
38%
(Tht)
1
Chicago Great West RR Co com—50
"3
wtt y
111
A:
7
4% Apr
63%
*12
600
2,700
46
25%
25
a.
i
143
45%
*79%
15a/4
i
23
99
45%
73/4
24%
.
43
•
23 Vs Feb'
Feb
h
•v
18
52% Feb
.v
7
19% May'
5
55%
V
Class
30
12
'•
'
29%
-
\*2s
preferred-.—100
Chicago Corp
26
35% May
1
60
Apr
>62% Apr
12% Jan
11
3% Apr
:
L
32
55
s
22
Jan
11
V
12
40% Apr 24
34% May
4
49% Mar 20
■
•V 45% Jan
15%
10%. Dec
10% Jan
11
28% Feb
July
Feb
35
i
8
24
36 Va Mar 20
;
convertible
Chic fc East
-
28
10% Apr
15
14% Mar
Feb
,
r
7% Mar 16
Feb
23% May
.
3%%
I6V4
*97%
4,300
105 Va
107
*8%
•
'•■/
24%
*22%
>'
*
par
—No par
—
Chesapeake St Ohio Ry common—25
6
9% May
*
;
preferred
Mfg
..1.25
Chesapeake Corp of Virginia.
,5
y
90:.
Co
Belt
Checker Cab
7
% Jan
11
4
V
Dec
.
9
29%
Champion Paper St Fib com—No
29
v:7% Feb
Feb
V'12%: Jan
-
6% May
]23/4
No par
Chain
16
27%
•
'
8
•€
1534
18%
7%
•
16
44
101
18%
*
Vs <
8V«
,
7VB
135
136
8
9
200
t
37%
•7%
28%
8
16%
•36%
'7%
101
27%
■
19
24%
37 Va
7%
62%
29
101
17
$
80%
$4.50
63
28
*100%
.8
1
15%
7*36%
7 V2
142
'
7 3%
No par
16Vb
36Va
*43%
142
63
28
102
*134
28
*12
V 1,000
J
39%
7%
44%
141
63
27 Va
*100Va
136
28
70
30
15%
7?b
44 V8
141
62 Va
27%
101
73/4
45
140
63 Va
27%
101
No par,
'
109 Va '
*108'/a
36 3i
'
500 :
'
■
140
*139%
16
37%
17 VB
16
29
*39%
7%
14
6
20%
40 Vb
17%
Jail
25% Mar 16
Dec
29 Va
7%
M4% J^n
9t/„
23
40%
109 V2
17%
Apr
2,000
7
29%
7%
100% Jan
6%
6% '
'39%
7%
*
6%
7%
108%
17 Vb
Copper
500
40 Vb
7%
Products
50'/a
29%
754>
20 Vs
Pasco
*49'/a
109 %
38%
*78%
de
50%
29%
1634
*105%
Cerro
*49%
*39%4
17%
Century Ribbon Mills
too
50 ■'
*108%
7%
pf<t-___100
Certain-toed
,14%
39%
16%
•
Central NY *Pr Corp 3-40% .pfd.lOO
tCentral RR of New Jersey100
Central Violeta Sugar Co.^_l.-9.50
5
43%
*13%
29%
109
*18%
Light 4%%
*41%
14 %
39%
-
Co—No par
1
Sugar
Co
43
*13 Vi
29%
40%
*37%
38%
•'
28
17% Feb
Feb
27
19 y, May
100%
Shares
tper share
*41%
14%
50
50
109
29%
40 %
•16 Vb
44
.No par
103
29%
•■■■• 7% -
*7%
*
'
'
77%
J-
43
*13%
'
16
*37%
100
108
41
Central Hudson G St E Corp..No par
>3
7% Jan
49%
42
:
i—20
28
8% Alar .3
108
30
2$
preferred
16
102
Feb
116
Dec
50
*39%
No par.
7% 2nd
—100
Celotex Corp common.—.1—.No par
Apr
,
50
*2.9%
preferred
preferred..
'
,
50
*
•107
t
1st
6% Feb
Jan
'
13%
Celanese Cosp of Amer com—No par.
28%:Apr 28
-
43
13%
1
_
Co common..—.
7% May
Jan
7%
18% May
Feb
7% May
22% Feb 28
r
General Corp
7%
May >7
*97
,
43
13 Vb
6%
10U
Utm>
Camers
(J 14
42
13%
'•
1
8
46% Jan
42
14%
50
Carpenter ©teel Co..—_—u:—8
Carrier
Corp common..
i—.10
Conv preferred 4%
series
50
at
43
•13%
10
4
7% May
•41
Light.——No par
'•
12% May
35% May
f per share
1
the Week
'
•
13
47%
11
33%
Sales lor
Friday
May 7
May fl
•
108%
103%
110
38%
/
38%
38 %
38%
*108
103
108
38%
•
101-
109
39 VB
39
109
39%
109%
9,600
109%
270
■„
'
35% July
106
Nov
109
26% May
Mar
107
6
9
5
Jan
34% Apr
108% Feb
9
71
Dec
101
Jan
72
Jan
2
42 %
Dec
57
Feb
42% Jan
14
14%
Dec
24%
Feb
14% Mar 15
32
May
34
Dec
140
Dec
✓89
Dec
75% Apr 22
Mar 22
•46
;
18%
Mar 22
1
Clev
-
Graph
■£■%
preferred
Clrve
Si
Co
Bronze
Pitts
00m...—1
RR Co 7%
gtd
gtd 4% stock
Climax Molybdenum—.
39% Mar
23% May
5
35% Jan
5
Clinton
Industries
7% Mar
9
10% Jan
5
Clopay
Corp
48% Mar
-
30% Marl6
36% Jan
8
CLuett Peabody St Co com
10
142% Jan
16
81% Mar 18
91% Jan
154
Feb
91%
Feb
137
Dec
9-
7%
•
'Range since
Lowest
Highest
4 per share
$ per share
141
May
191%
Nov
Jun
65 Va
Jan
*61 Va
1140
May
-33
May
87
Dec
23%
Dec
18
Aug
.
12
1155
:•>
,
11
Jan
2
63% Feb
2
1*3
May
56
Coca-Cola Co
....No par
Jan
37% Feb
11
88 Vs Feb
9
96
Apr 20
19% Mar 17
25
Jaii
2
Collins A
24
May
5
Colonial
Internat
22%
>
Feb
Oct
16
Oct
18
Feb
11
45% Jan
2
12% Feb
11
Apr
16
16
Feb
11
18 Vs Apr
16
11
Feb
11
16% May
6
Feb
12% Feb
13
17% Jan
9
i 20%
Feb
May
■1 17%
Feb
9% May
17 V»
16
5%
Inc.-
Southern
non-cum
•419
1st
non-rum
16 Vs
Feb
11% Apr
13
..16% Jan
9
Dec
32%
Jan
22% Feb
20
29% Apr
16
Columbia
Nov
32% Jan
22% Feb
11
16
Class
10
Apr
12%
10% Feb
13
28% Apr
12% Apr
14
Columbia
Gas
11%
Dec
22%
Columbia
Pictures
63
Dec
May
Oct
Dec
21
Feb
System,
Inc..No
13
Mar 31
Apr
13
16
Feb
35% Feb :■ 5
41% May
7
Columbus St Southern -Ohio Elec
Oct
36% Jan
23
46% May
7<
Commercial Credit common
115 Va
*r'
Feb
90
Jan
2
99% Ma y
7
20
26% July
$3.60
Carbon
Feb
13
10
3
2
106
Jan
25% Feb
14
14% Jan
8% Feb
11
10
34% Apr
1
Mar 17
31% Apr
3
Consolidated
Mar 20
-Consolidated
Jan
33*s
*33%
Nov
28% Feb
35%
Feb
29
7
Feb
V
29%
4% Feb
Feb
21
Mar
103% Feb
11
5
10
11% Mar 16
25% Apr 23
Apr 21
Apr
X28% Jan •; 8
11
6
Jan
23% May
105% Apr
17% Apr
Commonw'th
$6
2
6
Commonwealth
Nast
Congoleum-Nairn Inc
Consul
•5
Edison
of
N
Y
preferred
Consolidated
-2
Consolidated
Laundries
2
Consolidated
Natural Gas.:
30
Jan
19 Vs Feb
11
25 Vs Jan
19
12 Vs
May
19%
Feb
11
24
7
14% May
33% Apr 16
16% Mar 20
Consolidated
35% Jan
12
Feb
20
Feb
32% Feb
27
100 Va Apr
30
35% Feb
94% Feb
*•
48
Feb
104 Va July
105
16
Jan
42% Jan
5
10
98
Consol RR of Cuba
Jan
14
6%
Textile
Consolidated
Vultee
Feb
30% Feb
5
36% May
7
93
Mar
3
98
Jan
7
Feb
11% Jan
10
Continental
Diamond
7
Continental
Feb
10
Dec
48% Mar 17
Feb
35
Apr
6
Feb
10
27
55%
Dec
46% Feb 11
14% May
19
Feb
14
12%
27%
Oct
19 % Mar
85
Dec
43
Apr
May
For footnotes
»
a41.
-
see
9
*49% Mar 17
psga 34.
vettdDtiQMfcvfaSi* J-
Mar 16
A
— -
dsSe-*. ^
56% May
Jan
6
S3
5,110
16%
17
16 Va
17
2,710
:::
'•:.
'
15 3/4
16
16
16
28
28%
28%
28 Va
28%
29
27%
27%
27%
27%
27 Va
600
12
ll3/4
12%
11%
12%
12
12%
28,100
11%
2,400
15% \15%
/
11%
10%
10%
11%
1,530
2,300
'
41%
*41
41%
44
93%
93
94%
96
23%
233/4
'
32%
,44%
104
1,200
3334
42
411/2
41%
700
44%
45
46%
4,300
17%
98
23%
23%
2%
2%
2%
104
234
27%
-27%
9%
9%
:t
9%
27%
27%
9%
v
24%
.
930
6,200
124,400
2%;
2%
102
9%
27%
9%
99%
a
23%
2%
103
*102
♦102% ,103%
27%
27
9%
24%
23/4
2%
104%
67
.
33%
96%
24
24
23/4
26%
11%
*62
44%
96
104%
'
-i,
11%
67
34%
44%
23%
;
10%
10%
41%
9%
23
102
23%
■-■
"
93A
400
.
27%
2 7 3/8
12,000
10
10 Ve
1,500
32
105%
*17% i 17% :
32
32
32 VB
32
32%
'-29 34
5%
105 Ve
'
29%
29%
30
29%
29Va
29%
5%
5 5/8
5%
53/4
5%
53/4
5%
5%
5%
5%
23%
23%
23%
23%
23%
:I 23V4
23%
23%
23%
105 VB
105%
105 VB
105%
105%
105%
32
23
105 VB
105%
163/4
17 VB
$5.50
22 Vb
22 VB
22%
22 VB
:
Continental Can
$3.75
Inc
9%
10
1,400
49%
49%
3,200 .-4
22%
22%
22%
22%
23%
23
24 VB
3.700
13
14%
14%
14%
14%
34
34 Va
34 Va
preferred
Fibre..
x341/2
102
38%
39%
♦98
99
*98
12
87
36
35%
•
36
*96
97%
'
14%
13%
13%
13%
34
13%
>
.
34%
34%
102 V:
103
102 V4
38%
38 VB
38
38V4
38 %
98
98
99
*38
%
99
'y.\
14,900
103V4
34%
' |
1,900
v
13%-..,
.
34
1023/4
12
12
89
*85
13%
7%
°
,
,
„/
,
,•
800
880
v-
■
36 V4
36%
8,300
s
97%
*96 Va
97%
97%
97%
96%
96Va
200
11
>
7%.
61
61%
11
■
7%
613A
16%
163A
16 3A
88
27%
27%
28
28%
51
51
51%
52
52
*50%
.
1
;
r
557/a
73Ve
11
-
11
55%
-
,
56%
7%
7%
61%
60%
16%
16%
•; 16%
27*k
28 %
27 3A,
52
52
52
56%
7%'
27%
*
6134,
>
i
1,100
11
11
-
16%
,
*51%
V
"
-
1&3^
27%
"
7%
60%
55%
-
11
553/4
11 Ve
11
54%
60%
4
.?
200
3 6 V2
54%
60%
.11.000
„
36 '
16%
27
14%
88
*96%
97'/4
73/4
i
V
36%
11
73/4
=
1,600 -.J
150
-V
35%
53^%
7%
13%
88
•
i
4,400
13 %.
36 5/B
11
*53%
;
.1
No oar
13%
13%
36%
",
54%
11
5
*96
36%
5934
•3 prior nreferred
14%
13%
13%
~
20
*16%
of Delaware
.
13%
11%
89
*85 Ve
>•-
8
Oil
"
*85 VB
11%
11%
-
87
Steel Corp
14
Cooper-Bessemer Carp com_No par
Continental
13%
14
14%
102%
39%
14
13
j:
*9 Va
:
*85%
par
10
13%
,,
34 %
34%
101
98
12
12
87
12
par
No par
common
1,600
9%
14
97%
1,500
40%
13
9%
v
"•
16
""
49
13%
%
'
105%:
16
'
4984
13%
97
105 %
•
9%
13 VB
♦97
16
V 16
49%
12%
*
'
700
7,200
19,200
9%
13%
14%
16
1,800
-
t
t
493/4
1"3 %
34
*29
22%
49%
13%
Baking Co com..No
preferred
No
15%
32
29
;
9%
49%
-
32
-
49%
9
9
9
49%
1
29
i6%,;
16 Vb
\-
32
■
•
•'
9
49%
Continental
16
27
1,100
16%
27%
13 VB
Continental Motors..
19% Apr
17%
16
27%
44
-v
7,800
17%
26%
15% 715%
28%
•27
*13%
Continental
a-
3% Apr 23
61% Apr 29
28% Apr
15 %
15
>
16%
,
9,900
4
17Vb
*3334
100
Insurance.
13%
12%
16
37%
44%
55%
16%
200
2,400
.
16%
♦62
X37%
14% May
May
15
15 VB
3,400
94
16
34
383/4
90
May
6% May
Xl7%
65
38%
10% Mar 17
9
14%
173/4
16%
;
34
Container Corp of America oora__20
4%
cumulative preferred
100
84% Mar 23
44
15, '
15%
*60
101%
Feb
110% July
23 5/s
34
•101%
Apr
Dec
23%
42%
413/4
*93
66
101%
20%
98
23%
Inc—.1
preferred
-106%
'
231A
V
94
34
No par
$4.50
Dec
30%. Dec
24
♦17%
101%
Dec
7
23%
Inc....10c
Aircraft
11%
14
42%
42%
*93
♦62
15
pfd
Co
94
Jan
23%
41%
27%
5%
6
Carp
Retail 8tores
Consolidated
12
11
230
20%
44%
32 VB
Consumers Power Co com__u_No par
17% Mar
20%
41%
/ 93/4
*29% -30
Corp_..1.33%
Jan
38%
.21%
,
26s/4
■*-
::
No pa 1
Grocers
Jan
114% Feb
•20%
93
^
2%
com_.No par
11
Dec
'J3
-
233/4
.N© par
•51
Dec
21%
43%
*41
41%
23/4
Coppermlnes Corp...5
9% Mar 31
"l0% July
42%
94
21 Va
67
33%
43%
♦104 W 105 Va
—No par
Cigar..
43% Mar 18
Feb
600
63
►1150
34
*6i
;/-• 23%
par
Feb
12% Mar 31
Va
93%
-15
11%
11%
-
•>.
93
25
Publishing Inc.—No
54% Jan
15%
*62
42%
15%
12%
'//>•: 11%
',
43%
No par
Dec
,
Shares
167%
*166
62%
21%
173/4
:s
the Week
■
93
16
•'.
May 7
tper share
*1150
__
Sales for
Friday
,
167
62%
14%
•
700
5,000
'
Conde
6
30
12 VB
*41
—No par
Co
167
62%
17%
27»/4
12
com—No par
Edison
15
28%
27
34
series
62%
•>•':•
28
G7
100
South
St
preferred
*14
14a
10
88
423/4
.
Va-
15%
14%
142
88
May 6
7i
17%
*139%
88
7-7
15%
35
$ per share
7169
169
*1150
22%
27%
34
May
May
'
21
<14
.,14%
93
2,300
34%
Thursday
I per share
62%
42%
/
'
-
2,400
8%
*8
139
•
40
23%
23%
VB
34%
88
/.Wednesday
7
May &
*1150
1
139
88%
77
*75%
SALE PRICES
170
62%
28
*11%
17
'
7*169%
22
133/4
*61
Commercial Solvents
27
HIGH
$ per share
.
42%
iv%
w._No par
preferred
2% Feb
96% Jan
4
123% Jan
2©% Feb
32% May
94% Dec
W*.
15
—_No par
w
Co
AND
8
34%
142
*38
88%
8
8V4
34%
*139
142
88%
173
22
14
12
common—No par
preferred
cum
*139
;
8
34%
77
'
10
$4.25
Columbian
10%
i
24
94
15Ve
28
10
48%
10
108 V* Mar
30
24
23%
6%
34%
62%
17%
►27%
par
37% Apr
Nov
99%
>-
42%
21%
♦14
40 Vs
.
24%
25
8 %
34%
May 4
1.7%
.2.50
67
11% May
;
5,900 :
Tuesday
15
v
Sys Inc cl A—.2.50
11
Nov
104%
213/4
100
2nd preferred
Broad
B
27
Nov
Apr
4% May
15%
88%
•1150
15
30
8% May
30
15%
*21% "22
*14
50
23% May
v >
15%
*93
100
preferred.
Fee
*
Dec
25%
t\
15%
142
02
423A
♦13
28% Feb
20Vs May
2% May
94
16
22
20
62% Apr
*
Dec
87
15%
93
com—100
Mar
86
"
36 '•*May
com—No par
Ry
39% Aug
30% May
36
16
'
i%
21%
"
200
*21
t
5
preferred—
conv
cum
45%
93
—ILNo par
Colo Fuel St Iron Corp
Colorado &
45%
24%
171
:
>
—
*42%
par
No par
Aikman
Mills
46%
$ per share
62%
•1150
No par
preferred
21%
*
Corp„
Colgate-Palmolive-Peet com..No
$3.50
*7434
>44%
8 Va V
*87%
V
40.
77
May 3
172
172
*62
.
45
LOW
(The) common .No par
Class A
Coca-Cola
46
May
8
Feb
•
45
34% ;;
•139
I per share
108 %
*75
Monday
'V- 'c--V*af
*107
5,500
75%
:.&*■}■■::
v.-
108%
*107
28%
46 %
26
May 1
107%
28
75
15%
8Vb
>
89
107%
27%
26%
*45
15%:
34
142
*87%
28%
78 V
25%
26 Vb
27%
.
46%
15%
>
8%.
34%
rt EXCHANGE
$ per share.
61% Mar 25
108%
STOCK
YORK
NEW
,
105% July
18 Va May
8
$ per share
153
;
Highest
"
»io7%
34%
*139
——100
-
STOCKS
Year 1947
v
No par
'
*8
.
.100
2nd pfd—
cum
'•26
1
108%
*75%
16
15%
1
preferred
-«%
Range for Previous
;& Lowest
Inc
I——.——.
29%
./-•-/ *45
'46%
*45
No par
1
28%
78
*75%
50
50
Special
29%
*107%
108% '
*107 %
i———100
29%
30
*29%
:
16%
27%
^
52
r
'
u
27
-
51%
|
; i
•13,800
16%
-
'f
7% ""
61%
61
•
I
5,500
8,000
56%
•
f.
,
-
,:.t
500
3.400
'
'V 280
l;>|
16 * (2040)
COMMERCIAL'&
THE
NEW
Range tor Previous
>'■>>*
Year 1947
Lowest
Kange
I per there
since Jan. 1
Lowest
Hippest
$ per
I per share
Y
'.,
$ per share
share
17% Jan
Saturday
May Is,
17%
Oct
13
13
Copperweld Steel Co common
85
Feb
42% Mar 24
47% Apr 28
12% May
20%
Feb
10% Feb
11
14
7
Convertible pref 5% series
Cornell Dubilier Electric Corp
61%
61
.Ian
50
Feb
13
54% Jan
2
Corn
Dse
May
18% Dse
32%
Feb
18% Feb
5
21
88% Dse
105%
Feb
92
Feb
9
94
Mar
1
88
Dse
105%
Jun
92
Jan
12
97
Mar
9
61% Sep
170
Dee
75%
Jan
59
Apr 30
195
8%
177
6
Corn
Mar 19
Feb
2
5
Crane
35% May
13
107
95
Mar
Oct
Jan
52% Mar
Feb
11
42
-11%
'12
53 %
8
♦92%
♦171%
1
94
94
59%-
2%
172
4%
13%
14
52%
52%
53
52 %
52%
19%
19%
93
93
93
*92%
95
*93
95
*93
i>,;Y
2%
-
-
34
59%
;
4%
■;
2%
4%
175
4%
i
.
Jan
15
Creameries
Apr
12
Cream of Wheat Corp
22% Apr 16
46% Mar 6
5
Crown
100 y« Apr
27
2
34%
Oct
98
Dee
108%
Feb
91% Feb
106% May
22% Map
130 %
Oct
102% Feb
18
127 v4 Jan
Feb
22
Feb
10
25% Apr
1
96
Jan
66% Mar 17
74% Apr
92
5
37%
6
24
Cork
Crown
34% Jan
11
Jan
of
Seal
new
10%
23%
•21 %
22%
21%
21%
♦43
43%
43
43
30%
30%
30%
98
98
98
com—2.50
preferred
No par
Zellerbach Corp com—
8
30%
No par
No par
*96'/a
•113%
113%
113%
Amer com—No par
*23%
24%
23%
♦69
71%
71%
94.20 preferred
94 2nd
10%
23%
preferred
10%
V
•95%
40
20
60%
174%
175%
4%
7,500
4%
4%
2%
2%
2%
34 %
35%
*95%
98%
*95%
3,200
2%
34%
98%
■
620
,
23%
22
10V2
43 */4
30 %
10%
10%
10
,:•
3,400
Y
6,200
22%
23'A
23
22
21%
21%
43 V2
21%
22
43 V*
*42%
31%
30%
99
99'/*
100
23
30%
-
-
10%
23%
43%
30%
•98
10%
23 Va
'
;
>
22%
•42
98 V«
21%
10%
23%
10%
2
96%
*96%
24
10%
(The)
3,900
95
'
97
♦23%
emeries.
&
*95'/a
*95
20
34%
2%
35%
280
94
-
59%
175%
4%
4%
2%
/'.>■'
19%
6C
175
34%
2%
35
59%
60%
174
175
33%
•••
19%
19%
i
60%
173%
4%
-2%
r-33%
13%
•93
v
100
13%
*92V2
19%
4.100
6,400
-13%
93
60
173
4%
4%
■
.
15%
47
-
95
60%
171%
*46
*93
19%
59%
59%
15%
15%
48
52
53
Shares
$ per share
share
15%
*46
the Week
*92%
19%
96
1
S per
16
46
Sales for
May 7
,
12
.12%;-
52%
93
*92%
93
„
46
.
May 6
.
t per share
15%
46
16%
.
13/
',r
53%
19%
19%
;
♦94
100
1
53%-
53%
*
19%
100
preferred.
13
Apr
99
;
2,800
31
200
31%
99%
* 100
*93
900
43%
*42V2
31
4,300
99%
7,800
380
'
113%
113%
115
114%
115%
116
118
113V2
420
24
24
24%
3,400
71%
116
70 %
70j/2
200
"
Dee
Map
34%
21 %
13% May
165
Jan
26% Mar
Oct
155
11
Crucible Steel
6%
17
2
Feb
5
160
21
Apr
Jan
14% Jan
34
2
12% Feb
Jan
Jan
13 y4 Jan
81% Jan
13
87% May
Feb
15% Feb
13
17% Jan
9
24% Oct
27%
Nov
18% Feb
27
24% Jan
13
10% Mar
Sep
9
6% Map
113% Jan
12%
11
17
146
Mar 11
59
7
Dec
70
Mar
4% Map
12% Map
6%
21%
Feb
132
18% Map
48
4% Feb
Feb
11
18% Feb
Dec
133
Apr
30%
10% May
Feb
122% Feb
Feb
147
Jun
13
Jan
27
\
16
25
Y
133
Curtiss-Wright
Jan
10
100
■; *&5
6
21
Sons Ine 1%
9%
16%
.21
•19%
9%
•140
71'
*70%
31
*29
12 ;>
t
13%
■:yv
•155
12%
Y,
:13%
...177
*85 y4
87%
163/«
16%
20
50
•'
■■y: is
10%
Y9%
12
*85
':
100
■
"
1
16%
2,900
20
*19
20
.3,300
88
16%
16%
r
' 1,500
<;
177
;
111%
37%
16%
21
*20
:
►155
177 :v.
87%
.
13%
13%
.,13%
11% >11%
11%,%; 12
•
S 87%
19%
•
.13%
*155
...
16% >16%
•85
.YY
'?:■
31
31
31
*29%
'
,14%
177
■/•/
56
8
*23
A'
•130
No pes
137
25%.
10%
143%
♦130
25%
:
23% ■<'
137
v
*5G
vryfc
8%
7%
23%
23%
v,
9%
i/K 140%
,Vy.
57
*56
8%
V
9%
141%
9%
*140
141%
5G
100
pfd
Cutler-Hammer Ino
y&r
i2%87%
23%
400
'
l
.
>'
16 %
24%
*70%
31
*13%
..
*155.
*85%
'.'
•
71%
'y* *29 :>
,
14%
23%
24% !
*70%
177
..:A2
;■
16%
*19%
,y31Y;
14
87%
16 %Y
1
common
12
*11%
I
71%
•155
177
24
23%
'
*29
13%
•
<
t,
!
Cushman's
27
;
31
♦155
8
Class A
Apr 19
27% Jan
21% Mar 16
Feb
9
8% Apr
*29
-13%
.100
Cunningham Drug Stores Inc—2.80
Curtis Pub Co (The) com
No par
97 preferred
No par
Prior preferred
No par
7
Jan
pfd
100
Sugar common—10
non-cum
preferred
Cuneo Press Inc
5
May
6%
100
Cudaby Packing Co common
4%y# preferred
'
101
RR
1%
6
19%
17%
,
Deo
preferred
conv
Cuba
of
Cuban-American
5
Mar
Deo
12% Deo
129
12
33
24
26% Mar 16
86
12
common.
9
9% Mar
17% Feb
"Dec
3%%
97% Jan 27
28
82%
Co
Mar 18
x21
216
1
15%
46
:
;Y
'
'
16
22
47
•
15%
90
1%
preferred
Coty Inc
Coty International Corp
Feb
15%
46
Refining ecm——38
2
30
165
Products
8% Feb
29
16
48
of 1947—100
set
5% Jan
11% Dee
66
pfd 3%%
Mar 16
4
22% Dse
41
66% Mar 24
16
•46
Exchange Bank A Tr Co—20
Cum
:
$ per share
tper share
share,
M»y 6
May 4
Friday
Thursday
Wednesday
Tuesday
5
Corning Glass Works sosamon
3% % preferred
2% Mar 17
Jan
40%
26% May
97
Dee
Feb
169
Aug
Jan
4%
4% Dse
2% Dee
Mar 22
I per
Par
v
:.!
.
JUB
Dee
PRICES
SALE
HIGH
LOW AND
12%
11
Monday
May 3
t
.
Monday, May 10, 1948
RECORD
STOCK
YORK
EXCHANGE
44
Feb
STOCK
YORK
STOCKS
NEW
-
Highest
CHRONICLE
FINANCIAL
.< *130
•
8
i
*130
57
'130 JY;
25%
26%
23%
i 22%
YY Y
23%
58
7%
8
;
.
'
Sj.-'. 23%/ 23%
137
*130
137
25%
26%
22% Y
22%
93
26 y«
;
36,100
•v/:.;
kymy
146
57 V2
*22%
137
26%
lO'/a
.•/:
145
>
8
7%
23%
23 %
;
56%
Y
io
,10'/a
145
145
56%
7%
137
"
26
25%
V
56%
8%
8
145
143
'
V'-i 23% "23%
• ■
10
•
57
93
Y
15%
;
'
m ■■
Y
290
800
43,600 YY
,
2,900
'^ukL.
m,:", 'y
•
"('j
1,800
v
1,800
27
I
YY,...,/. -yy
'
'
Mar 16
19% Aug
26%
Sep
20
90% Not
97
■"
Sep
87% Mar
4
14% Map
23%
Oct
113% Mar
9
24% Apr 22
93% May 7
'
20% Jan
.
Dana
Corp common
pfd 3%% series A
Davega Stores Corp common
I
Cum
2
17% Jan ! 6
5%
li%
Jan
24%
Oct
18% Feb
14
24% May: 7
Dee
35% Jan
24% Feb
25
30% Apr 22
82% Dee
101% July
101% July
23% Feb
20% Feb
84
Jan
2
85
Jan
5
Apr 27
91% Apr 16
9
15% Jan
.*
84
Dse
12% Sep
'
11
Sep
Auf
33
45%
Map
29% Dse
32% Map
Oct
38%
.'
25
12% Mar
V
Oct
46%
31
Feb
15
5
Feb
13% Jan
Feb
-45% Mar
series B
100
•89%
50c
♦13%
Deere
Mar 22
83
5
.—100
Co
de
7%
preferred
Delaware de Hudson
4
Delaware
8% Map
10%
Feb
7% Feb
11
10% May
6% Map
26% Map
20% Dse
19%
Dec
14% Feb
11
27% Apr 23
44%
Dec
100
Lack Ac Western
13%
44%
80
17'/a
i;:-,;/*16%
24
23%
24:%
yy 23%
30
29 Vs
29%
29
91%
*90
91 Vz
*16'/2
*96
91%
*90
91
*89%
13%
91 >■; f):
*89%
91
*8'S%
14
10%
.
33
46%
46%
32%
9%
10%
27%
; 26%
27%
26%
—.100
44
44%
;Y: 43%
44%
r;
21
;Y20%
-
40%
*32 y8
.32%
32%
32%
:
-Y
45
10%
39
?
'
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No par
No par
common
Jan
Bangs far Previous
I per share
*17%
I
,
15% Jan
Mar 15
:
Pont de Nem (E I) Ac Co com—2o
Preferred $4.50 series
No par
Preferred $3.50 series—
No par
6
,YY:
..
15
:y ■38%
51%
51%
*37
Du
6
115
conv
Corp
16%
*14%
43%
13
'
Corp
Co
16 Va
>
1
No par
Industries
3%%
2
97% Apr
120
2
^
*231
25%
43%
18%
.
Y.
.■•,ii:*13%.cl4>t"Y
43%
-
j
21%
kyy 12-
14
27
44%
*58
23%
25%
•;
44%
>V*17%
12
.
i- *13%
i
•
44
y'J;
;U:
64
lV/z
*23
U
'i
.43%
No par
No par
Aircraft
Dresser
23
44%
1
—
Ltd
■*58
11% Y it.'
231/4
-
*42%
Co
common—
Chemical
Dec
•
Car
•4 preferred series A
$3.25 2nd preferred
98 %
10% Map
18%
Mines
Y:
25
Pepper Co
67% Apr
.64 YYv.'Y
.
No par
Corp-Seagrams Ltd
Corp.
Dlvco
5
Motor
5
Feb
90
Distill
Apr 21
T
Dixie Cup Co
Class A
47% Jan
♦
Diamond
2
20%
14.;r : *14
*24%
25%
12.80
partlc preferred
23
14% Not
173
Map
14
18
Co
7
17% May
Oct
Feb
19
16
'47% Mar
Feb
39%
45% Map
36% Sep
11
Mar 17
34
;
19% Deo
28% Map
80
Feb
Edison
Devoe & Raynolds class A
Diamond Match common
2
24%
49
100
Apr
27% Mar
■»
45
Escrow ctfs for com—
Escrow ctfs for pfd.
8%
13 Va
■*£ n-gaq
OMCTtn:
V
1,300
COMMERCIAL
THE
Number. 4697
Volume 167
(2041)
FINANCIAL CHRONICLE
&
i
•>,
Highest
than
'
-
32
Maj
42% Mar
Dec
23% July
14'/a
19
t
42% Apr
11
35 % Feb
Mar 11
16
20% Feb
28% July
107% Jun
Dec
90
Feb
28% May
10
Feb
21% May
10
Dec
Feb
20
20% May
26%
Jan
18% Mar 17
22% Apr
46% May
59%
Feb
53% Feb 28
62
42%
43
Feb
11
104
Feb
14
61
Sep
51% May
62%
First
14% Feb
5
11
Jan
39%
Oct
110%
Feb
x98
Feb
26
102% Jan
i.a
May
41 %
Jan
30
Feb
26
34% Jan
2
23% Feb
15%
11
33
51
19% May
26%
3
25% Jan
102
34% Apr
24
Mar 16
22
25% Jan
5
12% Feb
<%
6
13
22
Jan
10
18
18%
39
Jan
17% Mar 12
24% Jan
6
Dec
103% Mar
77% Mar 29
81
Jan
6
Dec
-17%
Feb
5% May
10%
Oct
7
May
50% Feb
Dec,
77
,
Feb
20%
%
21%
21%
21%
21%
21 Va
60
59%
5974
60
60%
45%
46
36 Va
46%
46%
•21
1
10
•59 Va
45%
•101%
53%
44% Apr
12 V« Jan
Stores
Trailer
Fruehauf
~
4*
6% Mar 16
9% Jan
2
7% Feb
•
9% Apr
14
11
Gabriel
18%
36%
36%
99 Ya
•99%
31'A
31%
31%
31%
31%
31%
13%
13%
13%
13%
13%
*31% .32
13%
13%
14%
14%
*14%
27
27 Vt
13%
13%
15%
15%
15
26%'
27%
27%
'
42%
•97%
99
98 Va
99
32%
32%
32%
*4.
■
9%
1
9* i <
9%
44
*43%
*10%
11
'
10%
1
20%
—100
•79%
80
•7%
«"
3'
8
21%
Jan
18% Mar 23
20
Jan
17%
Feb
12% Feb
27
17
Apr 24
14% May
22 %
Dec
18
>' Feb
13
21% Jan
21
Jun
5% Feb
11
5
4% July
9%
Feb
43%
Feb
30!
Jan
5
14% May
23%
Dec
18% Feb
13
26% May
16
Oct
11% Feb
13
16
Apr
Jan
99% Mar 24
102
Jan
29
Oct
50% Mar 11
10% May
100
Nov
48
Apr
58%
8% Apr 29
4%%
Apr 30
80
32%.
32%
32 Va
32 Va
25
25
25 Va
14
79%
80%
"•
102
Dec
9%
149%
8
9% Feb
Feb
71
Apr
Sep
47%
,
11
9
General
Electric
39%, Jan
8
General
Poods Corp
95 % Apr
24
34%
Dec
45%
Jan
34
Mar 19
87
Dec
Aug
88% jan
10%
Dec
V
43
103
16% Mar
Dec
Dec
131%
Feb
65%
Jan
120%
Dec
97
"*■
Feb
129
Dec
107%
94
12
l<i
Feb
49 % Apr
124% Mar 25
119% Feb
19
Sep
93 % Feb
17
98% Jan
-13% May
*•{.
,19%
Jan
12% Maf 17
20%
Dec
16% Feb
20% Jan
13%
26
Dec
Feb
14
11
Mar
17% Apr
3
3% Apr
•
4%
Feb
2% Feb
13
Dec
16%
Jan
11% Jan
22
19
May
31%
Feb
21% Mar 16
125
Oct
2% May
,
11%
- Feb
140
6%
3% May
128% Jan
Feb
29%
Oct
22% Feb
36%
Jan
25
May
101%
124% Jan
Dec
35%
19%
Apr
30
Feb
Dec
106
81
5% May
Jan
5
31% Jan
94%
94%
•48%
=
12
49
125%
103
103
"iVA, 122%
20
15
♦19%
•"•"•'i
5
:
13
123 % Jan
100
_10o
•124
126
-
28% Jan
22% Feb
,
30% May
11
98% Apr
2
99
22 % Feb
a
Feb-
14
28
4 Y*%
1
Jan
2
Instr
Time
Gen
6
Apr
'•
Castings $6 pfd—No par
General Telephone Corp
20
27
.26%
:■
i
!Jan
108
Nov
10
Jan
89
82
72% Jan 23
Feb
98
Feb
85
28%
■•99%
Apr
.
7
1%%
<1
preferred
81
•
'"■■"
97 Va
97 Va
15%
14%.
14%
19%
19%
19% ^20
'
.
*19%'\* 20.
s
3%
3%
;
3 Va
3%
*3%
3%
-7-
12%
12%
13
12%
26%
26 Va
27%
5
5.
<
5 Vb
.
.
28%
♦124
126
*124
126
'
13
27
5
Wk-
Year 1947
Lowest
^"■VWv ^'NEW YORK STOCK »
EXCHANGE
:y
Range sinee Jan. 1
y.
Highest
•
Lowest
Highest
3,200
-126
5%
5
II,300
'
118%
118%
118%
27
27
"118
118%
26 Va
118%
t
'•s
*27%
27%
27%
27'/a
27%
30%
29%
101 Va
510
30
•99%
26%
1,800
1,800
26
llo
29%
27%
'
26% "27%
26 Va
118 Va
26 Va
26%
26%
118
27
27
27%
27
27%
26%
30
27%
28%
29%
101%
•99%
101%
•99 Va
25%
25
25%
25
24%
24%
88
88%
•88%
90
*88%
90
*88%
' 90
81
•79
81
*79
81
*79
f per
f per shate
J per share
share
$ per share
■
101%
.
151%
*99 Va
'
"81
•79
(■■■
25
24%
3,200
■
50
/;
81
lafe".
;
;
36% Apr
23% May
36%
Dec
27% Feb
13
Dec
105%
Jan
91% Apr
21
Feb
14
22% May
17% May
85
Dec
22%
103
Dec
17% Feb
58
7
Feb
21
124
49
Dec
41%
Dec
71%
106
Dec
.109
13% May
24
95
"V;
5%
>
Dec
,
37%
Dec
May
14%
9
5% Jan
2
8% Apr
23
14
33 Va Jan
7
11
'■} 25% Apr
Feb
Feb
t
16
Feb
26
9% Mar 16
Mar 27
29
Feb
<
29
29% Apr 23
Jan
16
12% Apr
24
96
Apr 23
33
Granite
14
1
Gt Nothern Iron Ore Prop
4
Gt
Mar
2
Great Western Sugar com
Dec
60
Feb
12
July
.
10
Apr
Jan
144
37% Apr
16% Apr
10.
Feb
5
Jan
12
,92
Dec
>05%
Feb
91% Apr
16
97% Feb
11
4V*%
May
33
Dec
30 Va Feb
11
43% Apr
16
Grumman
4% May
8%
t
;
95
•t
May
78
j
gVa May
i
31% May
■j
f
13% Dec
{
v."
,5% Mar
85
7
7
-
Jan
19% Apr:23
11
Feb
10
56% Apr 30
10
75% Jan
44
Dec
14
Sep
Jan
,
2
5
16% May
7
-
*22 V«
22%
22 Va
22%
56%
55%
55%
56
56 Va
98%
*98
-
1
—No psr
16
No par
:
25
L
*94
95
.<■;
39%
6
6%
17%
55%
72%
18%
•18%
18%
12
'
95
36
-
*33
u'
24
24 Va
24
/
27%
27Var
*•
,
27%
27%
27 Va
•
93 Va
11% "11%
'12
35%
*33
*335
35%
13%
13%
13%
46%
J
2,000
v.
900
35%
14
4,300
47%
13,100
21%
2,000
'
137
'34% k
16 Va
34%
16%
•
:
'
*35 V«
35
137
*62
64%
'' "64%
35%
16 Va '*
16 Va
•16
137
.
*61%f
*: 64%
"
21%J
22
137
•136%
137
•61 Va
C4Va
21%°
21%
21%
137
..
v"
•
170
35%
35%'
ar
i
■
.
'95
'
95
"
"•
6
'
600
'
V
"
94
6>
94%
95
39%'
41'/a
40 %*'
•91%
?
95
*92%
95
17%
"
17%
.17%
'*92%'"
18%
.
•
"
i
56%
v73%
16%
56-
t-*55" ■'"
•
55
•
73%
ft'
,
18% j •'■■
17%
•r •
15%
16
•'
73%
Va-;.
■:'• 55 Va
!
' 56
*55"
'
16
T7
-
73%
73%
73 Vn
15%
"
'41%
5%"'
6
5%
6Va
95
v
943't
'* 94'
39% 4 40Va
•
.
95
*92
'
'*■:
6 Va
11%
11%
ai%
11% 4 11%
*
^
40%
40
-
■,
6 Va
*'■
11%
•,''11%
•
32%
Deo
39
Jan
31
10
35
Apr 10
Hsekensuek
14
Jun
19%
Feb
12% Mar
9
15
Jan
5
Hall
13
Dec
19
Jan
13% Mar
3
14% Jan
5
Hamilton
87%
Dec
112
Feb
79
Jan
12
102%
Dec
108%
Sep
104% Apr
12
19%
Apr
,=
27%
Dec
see page
24
'If^FFTUn
Mar 22
X101% Feb
148% Oct i '160 a Jan
39% Jan
28% May;
For footnotes
Feb
21% Feb
147
10
24
Mar 24
89
26% Jap
.
9
150% Jan 28
4%
Watch
oony
' 73%
15%
16'
%:
*54%
11
:«■:
6
93
1W»
28,400
-.180
6 ,100
5,100
'V:? 40
=
-
18
*21,500
55%
V
'73% ! 737/a ' '•.
'
•
34
Apr 28
14
14%
14%
14%
14
14
84
84'A
85
85
preferred
_
it
Marz_*-—
100
S'4
*82
100
(M A) Co 84.25 pfd—No par
Harbison-Walk Refrsc com—No par
Scbsffner
•14.
14%
14 Va
Hanna
6%
14
14 Va
preferred
Hart.
34
♦32%
'102 %
'25%
'145
v
37%
,
103
103%
25%
148 %
132%
•
i:
.
25%
;*145
*32%
103
103
<25%
25%
148Va
*
33.%'
'"'-*145 '1
33
•13%
^ 8,700
fc -'.
25%
104
•103
103 f
"
'
148% *'
33 P. '
!
25% <
25%
*
25 *.-■'■ 25
'148%
148
♦32
33
v "
♦24%
"♦148
•
-
jl
84
♦103 Va 104 Va
,
''148;
v
14 Ya
#83
*82-
KtS.
25%
^152
32 %
l'
1,1U0
14%
*13%
■'
104%
103 %
32% r 33> i
•145
*14%
14
8G
v
100
35%
•33 Va
14%
♦13%
*83" "
14
84
84'
,600
15,100
16%
•f'i.
35
14 Va
14 Vt
14
14%
*33%
33 Va
33%
34
5
oom
"
27% Mar 16
*33
-
at
Co
34
•33
No par
Water
(W P) Printing Co
2,900
"
*16% >6%
16 Va
W
■
4i0
'.c.
H
•;
•
1,700
12
'*
46%
47%
'
93%
'
;
13%'
14
46 Va
47%
100
*
24%
94%
♦93%
94
•33
-
3,900
36
24%"
.
m
16,200
v
'
94
22 Va
*61%
40%
72 Va
f 1,000
8%
8
35
7%
500
.
4%
4 Va
,
8
*33
8
35
•11% > 11%
=
34%
"<11%"
55%
16%
4 Va
4 Va
4 Va
<
7%
8,300
.
.
'
18 Va
16%
93%
•J 35%
91%
"'f
27%
•47%
■'
•16Va
18%
24
#
■*46%
'
91%
.'*f
55%
72%
i
18%
800
44%
39%
13%
16%
'17%
92
17 Va
No pay
Oulf States Utilities Co
11%
11%
40%
*90%
'
preferred
>
99°'a
27
24%
i 22
-
■'•'!■
64%
34% -35
.(-•6%
'•
Gulf Mobile k Ohio RR eom.No par
85
■*
.
136%
136
"*61%
64%
15%
♦40%
1
common
Gulf Oil Corp
22 Vt
35%
•94
100
...
13%
47
22 Va
136
n%:
99%
4%
12
i'-
Aircraft Corp__
preferred
46%
15%
i.
44%
99% '
"
-
S
98 %•'
43% '■ 44%
•33
93
13%
2,400
5,400
.
99
98%
44%
'■<!
'
10
,
'
'
*33
13%
119%
99%
4%
35
27%
>
36
35 Va
1
No par
!
24%
12%
*118
118%
18%
• <
8%
8
*33
93%
13%
■
19
4 Va
,
,
43%
99 Va
18'A
•
46 %
*61 'A
44%
98%
:
■
43%
•
6
99%
99 '
*98
/!
'
<
n
a
v22%
55%
55%
i
•••»
(<
,
22%
55%
; 22
.:V
'22%
13%
46%
•22
2,800
118%
28
*33
100
6
120
99'/a
12%
5,400
53
•118%
«.
*92%
t
'
*5%
120
22%
24%
27%
.
35%
•135%
preferred—
85 cony
*32%
-v.
•.
♦51
57/a
"
12%
1
'
5%
4%
35
24%
100
100
24%
23%,
53;
*51
6
8%
*33 /...
28%
93%
*
—^
—
Guantanamo Sugar
2
91% Apr 30
12% Feb
Dec
16%
,
9
Feb
67% Feb
14"% Feb
51
76%
"57% Apr
(
Jan
Dec
28%
100
it Western RR
Common
j'17
•
,
13,900
10,700
80
•
51
T
18%
8
',:'
•12
100
Greenfield Tap it Die
2
25
*92%-,
No par
No par
L) Co Inc
Corp
Greyhound Corp (The)—
17
Dec
'
24 Va
23 Va
23%
80
80
5%
100
•
' 4%
•
•
33%
25
No par
pfd
Green (H
9
Mar 16
14
Ry 6%
preferred
Green Bay
27
Jan
77 (
Northern
7%
20
29% Feb 21
Aug
21% Mar
•,
27
Feb
/
4%
•8%
33%
V
Grant (W T) Co common
5
3%% preferred——
100
Grayson-Robineon Stores com
_1
82.25 cum conv pfd...
No par
47% May
132
4%
-
No par
11
Jan
18%
8%
5
City Steel—
19
Apr
*■
1
No par
22
<
*98%
> 23
*79
80 Va
51■'
43%
19
22%
53%
98
43%
<♦93%-99%
Co
Union
Grand
12% Jan
23
98
i:
*79
23'/a
*51
55%
43 %
91%
22%
Shares
56%
91%
22% I
22
35%
Va,
*5%
23
54
98%
36%
-
80%
22%
"
■
20
Jan
22%
>18
Graham-Paige Motors
Granby Coneol USA P
22%
the Week
.1*118%
54 Va
;■
21%
5%
5%
23
•
22%
-if J
v
r,U.
May 7
91
35%
*90%
!
120
No par
36% Feb
35 %
29% Oct
a
a >
"
V
>
36%
91 Ya
53
*118%
No par
preferred
Hosiery
Feb
70
.
54
43 %
$5
23%
120
•97%
Gotham
23
•51
5%
23
No par
preferred
Sep
163%
•118%
No par
com
17
Dec
5%
35%
•90%
•79
80%
23 Va
35T/s
21%
'
100
10
Co
Inc
(B P)
1
■.'-•,'54
Goodyear Tire it Rub com—No par
85
»
9
16
90
Feb
27% Mar
Dec
,69
Co
•
t per share
I per share
t per share
91%
22
'79
80%
*23 Va
1
49%
Dec
34% May
133
7
Jau
24"
Jan
Mar
14%
2
44% May
-20% Apr
18
33
9
Jan
100
101
21% Oct
107
,12
,
11
25% Feb
Dec
<>3 20
57 % Jan
Goodrich
96% Mar 18
Jan
Dec
Telegraph
Goodall-Sanford
16 Va Feb
17
a-
it Stock
Gold
9
24% Jan
27
May
,<.28
*
38% Mar 17
5% Feb
9
i
94% Mar 11
3% Feb
90
23%
9
121% Apr 22
*52
conv
.
ur—
•
Bales for
May 6
May 5
"
35%
»
91%
21%
22
♦79
60
(The) com
preferred
Goebel Brewlpg Co—
4%*
Jan
6
;
18
47% Mar 16
Aug
41
12% May
j
Mar 10
Oct
Jun
31
1
Mar
No par
No par
Co
Glldden
.<
.
Thursday
*90%
35%
•90%
91'A
22
;
t per share
share
34%
35%
*90%
No par
5
t per
share
35
,v
May 4
May 8
May 1
f per
'
Feb
,Jan<
8%
2
> 8% Mar
May
3
5
53% Jan
27
preference
Brothers common
cony
rs
PRICES
Wednesday
Tuesday
Monday
Saturday
com—No par
84.50 preferred
12
27% Jan
19% Feb
Feb
July
61%
a
84% Jan
Mar-17
113
Feb
Jun
99%
Apr 30
4
Oct
33
Dec
$5
Glmbel
21
48% Feb
Sep
5% May
104% Jun
4
7
79
'Jan
26% Nov
;
51% May
Gillette Safety Razor
6
95 % Mar
30
90
■,
SALE
HIGH
AND
*
»
2,000
1,300
25
88%
LOW
Par
'
1,400
15,600
•
*
•
12%
-
•124
26%
'V+
;■
I>600
4,500
<r,
STOCKS
■
1,200
-
"
15%
15 Va
15 % v 15 Ya
16
5
27%
'
Range for Previous
1,000
1,800
%
*
97%
15 Va
126
26%
<•79
-
200
28,800
-
123
97%
•124
<
; 123 '
-
«fcl>97%
97
*87%
-
89%
•79
122 7/a
150
f
«
•14%'iU5%
29%
24%
*87 Va
123
123 a-123
*27Va
101%
24%
100
100
57%
♦99%
23%
—100
_6
preferred
4Y*%
.56 Va
25%
•
27%
26%
v)
56
55
56%,
24%
com—No par
Corp
preferred
Gen Tire Jt Rubber Co com
13
5 Va
'V 118 Va
118%
*118
102%
26% v'
26%
:
126
102%
5
126
5
26%
■'!
125
102%
V/
12%
.
27%
v
27'/a
20
125
15%
24%
<
2,100
102
I
■
3%
3%
3%
13
24%
5 Va
5Va
15%
2,100
-
49%
125
f
19 %
16%'
•19'A
12%
A124
27%
-No par
1
14%
19%
24%
'v
12%
25
'
•
16%
"
3%
3%
3%
,12%
25
Steel
Gen
2
23
19%
16%
16 Va
,16 Va
14%
100
,10
103 Va
97% •!
14%^.*
97 %
97%
94%
10
49%
126%
55%
122% 122%
123
!4ye
t-K'r.
10
49
♦125
:
/
56% ''
56 »A-
97>A
■f
15
10
48%
;
.Jit-
r
56%
<
*102%
125%'
103%
7,300
*93 Va
*93%
10'A
48
126%
97'/a
94%
10
*102%
123
94%
34,900
38%
38 Va
48
*125 Va
''97
35
38%
100
35%
35 Va
38
48%
600
I,600
337%
.
34%
38%
10%
103%
55 Va
135
136
30
36
35
10
126%
55%
<
10,300
22%
*94 Va
94% <
*94%
^
10%
48
102 %
No par
General Shoe Corp—
.
135
.;
36
22%
38 Va
48
10 Va
48
'
x
.
3,300
V
74%
*73%
;
,
22%
22%
34%
<
38%
125 Va
*122%
Corp
Signal com
preferred ——
Gen Realty dc Utilities
General Refractories
7
28
38 %
-55%
6%
29
13
38%
-
Dec
,
7
11.
Mar 30
25
Apr
40%
21% May
=
110% Feb
Jan
95
85
Feb
Pubilo
Railway
128% Jan
38 Va
-
138
•136
137
38%
10
74%
170
,10%
♦35%. 7 37
34% * 35 Va
94%
13%
10%
♦73%
35%
,
13%
10%
-
22%
•
series.——No par
Utilities
Gen
Gen
May
22%
137
139
13%
10%
36
34%
»
13%
74%-
♦73%
.
'
14
22%
•
200
3,100
150%
10%
36
-
2,100
10
150'/a
22%
-
59%
104 Va
.
9%
152
37Va
"■ 74
74
%
58%
9%
152
154%
•152
102
*104
104
9%
9%
*
59%
58%
104
104
9%
•
154 Va
<
•36
-
22%
22%
•137
•
Apr
26%
29
4% Mar 11
18% May
26
16
13% Mar 31
9%
•
Equip Corp—No par
Gen Public Service
lOo
28 %
*152
'
Precision
Gen
1
9%
35%
10
Portland
General
''200
37
•94
Advertising-—No par
Cement Co_—_1
Outdoor
Gen
105
74%.
'
17
12
105
37
:
*'
22%
10
com
*102%
59
59
74%
.
139
No par
Corp
$5 preferred
Preferred $3.75
'
10
15% Apr
Oct
18%
No par
1
100
100
Oeneral Motors
58% Apr 23
Mar
Corp
No par
Mills
102%
34%
No par
3%%
102 Va
•103y2
104
38%
com
common
6%
15
50% Mar 16
*22%
.
preferrtd
conv preferred
General
5
20
4,900
11%
■
No par
:
preferred
$3.50
Apr
127
10
Co
General Instrument
9
Jan
103% Apr
118% Feb 25
Feb
X122
61%
■
40% Feb
54% July
May
-
123
100
2
Mar 13
9
preferred
7*
20,600
16
ia%
♦137
6
25%
15%-
*13%
—100
2
28
600
24%
16
14 Va
38%
Jan
41%
25
15%
10%
75
Jan
May
*40 Va
24%
15%
59'A
59
*103%
154%
*152
*40%
25%
15%
*40
.
102%
*101
•
9%
9% •V
40%
24%
15%
15%
58%
104
300
26%
41
1
25
13%
♦37
37% Apr
31% Mar 11
41'/a
8%
41
;
10%
•74
24
Feb
8%
12,000
14%
No par
144
Feb
Jan
39%
1,100
8%
11%
preferred
100
2nd preferred
50
General Cigar Co Inc com—No par
6
33
160
May
19%
8%
13%
1st
com—:
15%
19%
10%
conv
,
15%
13%
4%
27
Dec
Dec
32
20% Feb
•
500
8%
101%
4%
26
8,000
19%
58%
154%
8%
19%
7%
-5%
101%
13%
400
8%
19%
7%
,
8%
15%
:
7%
8%
7 Va
7%
1.
19%
15%
♦152
5
140
*15%
15%
11
General Cable Corp
9
78% Jan
39 % Apr
137
.
$8
6,200
.
8%
8%
*102 Va
80
r
19%
25
9%
79%
800
>2,100
a
,
16
40%
104
21%
8%
8 Va
♦9%
11%
19%
23%
*103
pfd series A
No par
Baking Co common
5
preferred
;—No par
43%
43
16
40 Va
:
Va
2,000
,
19%
8%
58%
1,400
9%
-
16
40%
58%
50
13%
,
:
19%
.23%
5
9
16
'
♦100%' 101%
_100
13%
„
21%
T' '
8%
19%
26
19%
19%
19%
•15%
com—1
General Bronze Corp
3
12 Va Apr
136
American Investors
8%
•
2,300
*25%
16
♦15%
16%
73^.
7%
19 Va
8%
19%
•
40
General
19
Apr 22
73
Feb
Jan
34% Mar 10
83% July
37
23%
.
9
14% May
8%
•19'/a
8»A
'
50
1.66%
14.25
19
155
8%
19 Va
23%
1
Inc com
preferred
$4.50 preferred
10% Jan
1
Apr
*19'A
General Amer Transportation
4
104% Feb
9% Mar 17
Jan
14%
May
:
146
July
18%
Dec
6
28
8% Feb
Feb
185
Dec
11
100% Jan
Dec
13%
Oct
Industries
conr
General
1
1101
•16%
No par
8
8%
19 Va
630
33
21%
*78
1,900
32%
8i
20%
'
2,300
T
100
*11 Va
*11%
80
5,000
44%
11%
♦43
11 %<
21%
100
44
44
11
21
44
9 Va
f
43%
22 •'
:
14
9
■
11
19%
;i*19%
No par
Co
9'
"
43%
•7%
8%
*13%
14
■
9
9%
♦25
800
,
9%
9%
99%
1
79%
»7%
3,000
28
99%
8%
8%
——20
(Tho)—
Gay lord Container Corp
4
59 % May
Co
Wood
Gar
29
109
"*
V
1
preferred
0%
Gamewell
Gardner-Denver
8
26% Aug
41
—1
(The)
(Robert) com
15%
99'A
21 Va
79%
t
15
27%
32%
10%
21%
•
20%
15
99 Va
43%
44
10%
*43%
10
Malting Co Inc-1
6,300
27
•
13%
42%
*8% V
70
13%
42Vt
14
14%.
14%
27
5,700
.
31%
9%
•25
25 Va
•25
14%
7,500
y
31%
9% V 9%
43%
43%
32%
100
,
800
>
37
9%
99
*32%
,■:":
160
9%
42 Vt
25%
36%
*99%
14
41%
14 %
37
100
42'A
9%
*24%
,
600
1,900
2,000
19%
36%
100
25%
9%
40%
40
.27%
•
,
*99 Va
37%
v
100%
9%
'
10
=—100
10
15%
9%
9%
'
12% May
18%
Co
Gair Co Inc
19
900
,;
105%
51%
51%
19
17%
*
8%
.
52
18%
99
26'/a
preferred
cum
105
52
36%
15%
Co common
105
19%
18 Va
18 Va
13%
-
'105
105%
•53 Va ,54%
99 74
26%
Corp__
47%
37
Preeport Sulphur Co.
Proedtert drain it
62
46%
18%
25
it
21%
61%
46
36%
No par
23
21%
61%
45%
♦99 %
: 15%
Co
22
61%
46%
18%
7%
common
*21%
62
99%
__lo
1
110
98
21%
•105
53%
No par
,
'
46%
36%
32
.28 Va
8,100
61 Vt
17%
•31
1.400
21%
36%
_No par
9%
■
21%
.
400
;V
20%
; 99 %
.■
17%
9%
10
■
v
17 Va
20%
105%
53
54%
54
5374
♦165
106
•104%
106
.98
•97
■
25
500
21%
20%
prior preferred
Franklin
9% Mar 31
8"% Apr
35% Feb
11% Nov
"36%
1
21%
21%
Corp—
Prandeeo Sugar
15% Mar 31
26
21%
*20%
100
Corp
98
20%
Corp
Pester-Wheeler
98
20%
Machinery Orp (new)
3Vt% cum eonv pfd
Apr 20
98
27%
96 Va
Pood
7
27%
96%
Pair Stores lac—
Pood
27 Va
27 %
Plorshelia Shoo dose A.
27
24% Feb
Jan
12% May
Feb
Power
27%
96%
—No par
Follsmebeo Stool
5
44% May
24
Dec
23% May
'
32%
Feb
89
July
110
Dec
6
10% Jan
9% Mar 17
Feb
17
27 Ya
27%
No par
Ftarenee 8tm Ce_
40% Jan 12
.
27%
1
Stores
praferrod
Florida
14% Jan
14% Mar 19
Dec
May
04
21% Jan
21
Jan
Aug
May
14% Jan
9
13% Feb
17%
24
40%
Dec
18
37% Apr 20
9%
96%
(Tho) Carpet Co
No par
Fllntkoto Co (The) common .-No par
21 %
Dec
9%
27 %
Firth
.19% May
20
31% Feb
National
'9%
27 %
preferred-
4%%
%
*
98 Va
Firsstons Tin it Rubber com
19
JaD
58
♦38%
17 Va
27 %
Corp
Shares
39%
39
17%
9%
9%
9%
9%
the Week
share
39
17 Va
17
17%
*17'
!
gilee fwr..
-
May T
t per
,;17%
'40
•38
•17
•9o%
Fidelity Phca Fire Ins N Y__
5
May
14% May
Enamel
Ferro
22
May
99
13
1
I
Friday
,May6
I per share
'
39%
He par
100
Stores com
Tarrant Mfg Co_
it
105% Apr
49% Mar 16
Dec
Felt
7
24
30
No par
May5
$ per share
share
39
39%
39%
9%
9%
convertible pr el erred
4%»
50% Mar 31
Feb
107% Aug
Jun
104
Federated Dept
7
23
Jan
99
9
-
26%
20
Federal Motor Truck
2
t per share
117 %
•17
I per
Thursday
.
May 4
.'V*
39%
♦39
HIGH SALS PRICKS
v
Wednesday
■
■■■
AND
-Tuesday
Mays
<|
$ per share
Par
it Smelting Co
1
Federal-Mogul dorp
——•
5
Jan
11
•"
Federal Mining
6
•
18% Jan
8% Mar 11
Feb
,.
'
Apr
97%
Monday
EXCHANGE
a
than
t per
J per share
$ per share
t per
9% May
Saturday
May 1
LOW
>.
16%
RECORD
STOCK
NEW YORK
Range since Jan. 1
Lowest
Highest
Year 1947
Lowest
STOCK
YORK
NEW
STOCKS
Range for Previous
; 500
'
*
:
60
.
<
;
•"
'-'..f *.
20
1,200
(2042)
18
THE
COMMERCIAL
NEW
Range tor Previous
Lowest
Highest
S per
tper share
$ per share
share
6
10%
Feb
Dec
100%
Apr
12
Feb
6% Feb
Oct
6% Feb
li
9%
4% May
25
Dec
35%
Jan:
22
May
30%
Dec
103%
35
x»5
87
35% Apr 13
95 Va Jan 23
Jan
*51% Feb
Dec
140'/a
July
68
165
Jan
140
4Va% preferred
Haye* Industries Inc
Jan
42
.
101
»
2
3 68*
'Helme
Jan
7
22%
Feb
14% Feb
10
146% Apr
20% Apr
Sep
63
Feb
46
9
57% Apr
Dec
134
Mar
121
21
128% Feb
2
Dec
38
8ep
2
30% Apr
122 Va Jan
10
27% Jan
2
29 '/a
118
Oct
20
Sep
Sep
29%
Mar 22
114
Jan
134
Feb
27% Mar
21
Feb
4
18 % Mar
9
10%
Jun
14% Dec
26
Jun
33
22%
30
Mar
20*
Feb
24
21% Feb
5
Nov
31%
Jan
20% Oct
14% May
17
May
35% Jan
Apr
28
Dec
x29%
Apr
21% May
11 1
83
25
Jan
15% Feb
Jun
37 Va Apr
Dec
26% Ffeb
12
$4
Hewitt-Robins
29
Heyden
6
3 %•%
2
Hires
15
14
Jan
5
42% Feb
-
Feb
14
9
17% Apr
Feb
36
Feb
27
46% Jan
14
36
Oct
29% Feb
10
34% Jan
2
85
Dec
105%
Sep
88
Mar 30
37% May
16% Jan
45'/2
Jun
38
Mar 12-
28%
Dec
20% Feb
11
33
29
Feb
19
Feb
11
22 % Apr
26
31 % May
3
May
38% Mar
33
Jan
31
46% Apr
28
73/# May
13% Mar
33
7%
43%
May
12% May
;
15% May
Feb
21% Oct
30
3% May
.
7%
4% Jan,
Feb
Jan
■4
3
13
n-
May
18% May"
39-% Aug
32%
Dec
27% Maris
35 Va May
84%
Dec
62 Va Feb
78 Va Apr
96 % Jan
93
Jan
15
97
Aug
Jan
26%
Dec
7% May
11%
95% Mar 10
Dec
x21
Dec
30%
Jan
12%
17
*35% May
9% Feb
Hudson
Leased lines
*
RR stock
7
10
Industria
51% May. 7
.136%
Oct
119,
Feb 20
140
,
180%
Feb
150
Feb
158
i
Mar 27
33
Apr
42
12% May
6%
Oct
34% Mar 10
43V'a MUy
Nov :
17%
15% Feb
11
6% Feb
11
50
Jan
108
Mar
Dec
'
3
7
May
9% May
40
Feb
21
100%
May
July
2%
Jan
Dec
6
July
95
186%
May
Jun
34%
Ocfc
76
96
Jan-
Dec
3% Dec
36%
130% July
Feb
Dec
137
38% May
59%
Oct
94%, Dec
107%
Sep
9
May
104
•
23% Feb
74
16
Dec
135
Feb
Jan
2
139
'42% Mar 17
86
Feb
9% Mar 19
92
May
4
58% Feb
52% Jari
45
39% Mar 16 7
24
63%
Oct
43
Feb
30
Mar
.
May
Jan
1°
593/4 Apr
27
35
4
>,
4
9% May
17%
Feb
11% Feb
11
14% Jan
17%
Feb
11% Feb
11-
14 V* Jan
26%
Feb
17% Ma r
9
20
May
27% Oct
22% Mar
29 % Feb
143%; Jan
,158
Aug
1
24
Co
Apr 17
;
Jan
15
86
Creek
Coal
24%
24 ?a
38%
38%
38%
35%
:
\
common
40 Va
40%
32%
*21%
■43
42%
5%
7796
com
7*93%/
7
We¬
Range far Previous
A per share
f per share
6Va Jun
19% Dec
80%
13%
/
Dec
89
.
Dec
i,/ ' *95 %:
*1334
93/*,ir«n
2
'
9
21% May
7
v
Jan
5
92% Jan. 30
39% Feb
18
Jun
;
j
125 % Oct
98
*
145
Sep
34% July
Jan
Dec
>112
Dec
,
27% May
86%
151
Dec
39
Dec
25%
Jan
92
Feb
'
34 V* Feb
10
100% Feb
11
20'A- Feb
19
100
Feb
145
111
273/* Apr
10
Mar 31
Jan
«
35 V* A))r 1093 Vj Apr 16
6
It
i
40V» Jan
(F I)
Co
±
___1
Tea
A"*
14%
■
;
,
6%
156
'*
.77 42%
20
-
V",ft'/»
29
7
10%
94 ;:7
581 i
7,
;
141%
*■
7
35
3%%
preferred
Johnson & Johnson
common
Jones; it Laughlin Steel:
:
■
-
ft ,7
■"
i_100
58%
34%
142%. ?fw
'•■
loo
f142
com__Ne pa.*
U
&% preferred series A_j—100
Joy Manufacturing Co
,._j_i
(.155
32%
.
10
,
37%
.
7
^93 7
'
29%
; 97
V
10%
41 % 7-7
10%
.'7.735;
•
^
Si
4
10.200
"
2.400
7;r 6,900
77 w
77
3,500
1
2Of
/"
80%
■■■-
:
•V. 4 77:
-
29 V*
26
-
29%
y
41 Va
1,400 7
108*7.-110 V'7 ?■
lOOVi
27 :
41 %
41%-7
59%
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343.4
12»/a
12%
12%
12%
*30'. -ay.9t.rA-'
•
i' "729%
■■:/';.; 35// :-35>/7
"140
;738'Va738V2-:7
8%
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*99
r
:;
38%:
*107% nova38
*
1,300
144.%
'
2,100
33% / 39
•
Sale*
7 1097/
/
for
>
the Week "
ft per share
.
•
i
-
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/V
•
:
4,500
-
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160
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155
y
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1,000
•
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; 155
>
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.32%
33
*86%
90 Va
30%
730%
.:
"
7727%>". 28;
7
105 %"- *
-
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29%
8% - ,v7, 8%-;.-': 8%
21%"' 21%
21V*-;/
8ftV2
85%/; 7/7 83ya
44 •. 7 / J,*44 v'/ '44V2
100% ?>'■ ;7" *99
IOOV2
21Va
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90 Va
38f '»
7
33
*140
144%'/
"-25% 7
Thursday
!" ',,/'7FriAfcy.:- ./
May 9y'-'V -7-^r.... - May-T
110%..
-
25%
"4 per share W
142.7- 158
32.V2
53,500
7-'; 1,900
,
29
25% 7,7
-
200 " "
7
13%
13%
35
'
1.200
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12%
■:•■' 13%
,
34%
106%
v
77"
1,700
25%'
144%
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- /
.
29
.
27%:v27Va:
_
7
300
41 V*
58%
•
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57 '
/
41% 77
4
u.
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300
/>
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29 7.
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34 3/4
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56
13 Va
144%: •,7I- *146
■* 27
•
92 % 7
40
27,6007-
97
13'/a
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59
a
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77
"B:;
24,400
77
59%
343/4
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> •>.; 29
109% "7
"
293/a
139
58%
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,
11%
"
139
*58 V*
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...
■
■' /
97
10%
59 ,7:
.
29
/./
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790- """
5,700
33
:
80%
•:
>777 180
>/ Y 900 '/
7
32%
,
7
58%
/;
56
-
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't'- 7
>
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41 Va
'58
35 >,7.7
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..155;->77
168
;
500
95%
6%
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57
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57 ■'"•>
7.7 13%.
>*89/791^.
7.3737,-38%'
77
4
*95
92%
35
*33%
133, 713% 7:'; 7 12%
1J%
12%
7-
144% 7
14-
95 %
80%
28%
V
7"
92
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7
400
r
97'/: 7
7
lft3 a i
167%
*133%
133%58 ift'v
->
10
900
i
Vi 137 * ■ 240%
6 3/4
3%
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•
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2%
168
n-
-
21%
*96
'
953/a
*80
'•£>;,7; *33%
■
37%
141
,6%
4
55%
77-: f'
57 ;
v'58.y.'':'
724'%:»7>724%
29 Va V":
; *29
•
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7:.'"-.\7
7
7 3/*
.
21%
7>','32;7;. 32%
32%
4
"
MV
143/a 77;
167%
7%
97
*•■'10%
£77'.. / 58
,35%:
*142
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33 '
915
96%/ -ft.i
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14%
169
138'a
>
■
#•89
96-
94%
237'a
'77
V///
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92
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7104 " /105 Va 'v, 7
108 Va
•
2t%
21 Va
140%
32
-7'
139 0
'577
i.>41%
.
'
156
8.500
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•"-56.' /
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7.
.
*
156
400
7,800
20%
v:
8%.:. 8%
8% .--v8%77
83 i
8%
21%."':;m20T;,,-2O787,,/: •20%
7*20Va " 2TVa
:>*8ftV'*/>85V^r.:y,* .*84%
85%. 7
8ft3 4
85%
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7
140
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-
21
13%
51%
140
>"./■' & 20
■•77%
V
v
7Ci.7*:'7'7 '7777- LOW- AND HIGH SALE -PRICES
..-777, J^«d»3P»rTuesday
7. •'• Wednesday
-• May/ftr^h-i"• May 5 *<■
per 9hare^< 7. $ per •Aanr '
,
,-.4 per share
981* J 9G %
373/,," 37%
*104
fp'}
3.000-
20 Va
95 %
77' 'P.:
ft
9,300
•
7,900
•
%%&#*
8%7-"8%
7
/
43%
142'/*
6%
80%
<■■
*'
•140
11%
22%
43%
-r
7 V*
5907/
10%
43%
95%
167
"7 32%
ft
12%
24 Va
*26% .', 27
100
7%
97
800
:
X, 19%'
7,/' 7V4
2iv*
:•
141
•"'96% 77
/
12%
"35
Saturday
*107
Uf%
47c 2nd preferred series A—
Joliet <St Chicago RR stamped-
.
;
7
*96
>7
22.900
981
712
51%
■
5.500
V
7
35%. >
'i 13%
7;
■
'7;;
.•■•
>
32%
22%
•
13% 7
50 3,4 >
'
>>. 29 V,"'
144%
21 a
96 %
297 •29%
"
,
7%.
i
,
•
1,800
78 '
31%
v
3%
423/*
20
-
■
3,600
'
10%
12%
29
7"
165% 166%
-7
56% •
12%
23%
96
'7
93 Va
.
7' 34%
13 Va
19%
18
v.32V\
156
43%
*
58%-
12%
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43%
21 Va
96 Va 1
:7
7 41V* 5 41%
35
140
156
*153
:>
*13-%
49'/a
♦138%
'
98; 777''
56%
>7
133%
20% 7/
,
96
98
513/8
V»
2% >7-3 '■,/>"7/ 7 2%t
2%
<7/ 14 %
14% '77: 7 14 : 7' lft V*
'
29%
-.v.
f 10%>
?
31%
139 Va
50%
139
•; 7%'.
138 Va ;;, I *138
w 55%;i,v/".,7, 55%
^ *91
Va
■
"95^/a
>
6,200 7
.
$ '
4,% "7 -V
*137%
:> ,55
13%
;
43-V77V-7
n
■>." ' *7Va
32%7;7,7. 32%
81 ;■-7.77'
80%
32 % >
V
7
51 Va
139'/a
:
IT3*
:■:% "35%
•V'"';. 7 78-•• 7
7; *95%
22%
6V4
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>7
:
14
3% •■;
10%
v
142.
4.900
22%
.
3
78
*
17,800
16%
-'*153
98
43%
18%
22%
943a " 95%
7
42
*20%
42%
35%
•
31%
44%
-
142
■
96
77-
5.890
718%
32%/. >
34%
3,700
5%
W
:.V
:•
22%
50%
42%
20
{31%
45%
.Wa
3% 7 3%
•"
16,100:7
22
45
;
K 10%
>*139 7
:: 156,
,.
'■>v.:
31%
95 Va
*21%
'
160
32%
>'/.
43
800
-•2,800.
12 Va
10% > 10%
>
50%
98
f.
t*84%/ 85%
*43%
44%
C<r Inc
conj———Nnpar
33/4% cumulative preferred___100
Johna ManYllte Corp com—No par
;ft
152
29 V*, Mar. 16
31%Feb
Jan
104 v
10
83% Feb
Jewel
.
Jan 29
Feb
40% Oct
Jacob*
42%
'
7:
31% •;
10%
139 Va
42 V4
>
Ppershare^
Jaeger Mafchlne Co coramon-^Na-par
Jersey Cent Pwr & Lt 4% pfd__K)0
:
443/* Jan 30 jj.
98 V* May
1
41%. Jan
21
.
13
Feb
101%
r
Mar 16
Par
13%
223/4
,,7*22%
;'7- 13%. .13%
Xl64% 167
297
/
13
35%
*31
V
>
■H
78
*
313a
139%
44
.7-.May |->-7
4 per share
Jan
53
STOCK
22
45% ">•
5%- 7.5% 7
400
■
42 Va
31 %
-31%;
1,000
7,700
42
.
y/»
■
34%
98 7
'77 313/a
10%
7:7 2V«
35 V
EXCHANGE:;
^
193/4 Jan
108% Dec
24%
4 per share
7
NEW YORK
Highest
7
83
104% Sep
46% Oct
37
Range since J*n. 1
Feb
24% July
104%
39% May
Feb
■
Lowest
92 Va
'
v
98
7 19'/*,
STOCKS
■
(.
32%
,"45
7:
.
13
*75
31%
Vv''.'
;
Year ,1**7
/
,,,i
Lowest
Highest
5'/»
31%
7
.V.
763,+ >76%
13% •■-14.%
58'
*140
32%
*91 Va
;
:'r42"/7.>
*21%
45%
12
"
% *7%;, 7 73/4
v
23%
7.1
41 Va
•v
31
5V»
m 31%' .'31%
35 V* ■ 735%;
22Va
12%
7
22
7
45 V*
43
77%!
lO'A
->
98
58
par
*21%
5%
13
31%.
13%
par
32
y
^
50 Vj
7%
42
newi—.50c
preferred.,,.
:■
*3334
30%
77'/13
35 Va
31%.
;
29%
7
41
*21 Va
22%
,:>v-r'46-.7'. 46%-:
14%
22%
55%
par
40%
32%.
315/«
22%
7*95%;,.
82
7',;-10%
par
42
7"
46%
.; e
31%
138 Vi
'■J
92%
'
*74Va •'
-
'
55
—25
32
2.800
92%
32%
*91%
32%
•791%
91%
J—-/:
.
4,000
323/*
40
33
/
38 34
3334
.
.
15%
•■■ij 32%
91'%
14%
26
.
38%
40%"
15%
40
tiC;;
500
400
1,400
15%
15%
41%
33
2734
33%
15%
*39%
92
1
31V*
21
40%
16
40
•
30
2,900
15%
15%
407
*153
9' 4
'
,7
7>:
'34
153/4
34%
V
VV;
*137%
>^,.25
*33%
84
27%
26
3%
6V4
'
-
34,
34
2,700
11%
*
*13V«
V 3%
165
>
*56
38%
3%
29%
i
26
38%
V-7 3V'a
142 7
r
15
25%
38%
140
27
.
1,300
31V*
18%
7
>.
14%
263/a
400
25%
21
7
17%
95 Va
7 *80
27%
40%
71 21V,
7' 0%
77, ft
35
35
'v
21%
m.V.177:
77-97,7';
t165
.No par
...
Island
4
*13%
24%
38%
25
31%
27%
*13%
;7 -13%
44%
'95
No par
293/4 Apr 29
140
-
97
1
.15
com
36
„
18 V
24
May
14%
31%
'
5,400
■
118
11
21 Va
•
28
7:
3
International Telep ds Teleg—No
Foreign share ctfs—j— No
Interstate Dept Stores
No
Intertype Corp
...No
26
137% Jan 16
Shoe
International Silver
7 c>'o
preferred^—
Mar 31
9% May
19
Apr
International
*13%
31
21%
16%
19%
,
44 Va
•>
*
28
43 V'4
43%
713%
Rys of Cent Amer, com__No par
■7 57o preferred—
—100
International Salt..
.—..No par
29
57
*21
283/4
18%
156
r
■:i *7%
,_ioo
—
Paper
preferred—
31
21%
28%
16%
138 «
42%
;' Int'l
7
45
Mar 12
40
Jun
,
107% Jan
Apr
Jan
32
Preferred
$4
31 %
21%
43
IftVa
50. V.
t.
*153
par
31%
213/4
xl8%
22%'
,138
,.4
31%
28 V,
16%
31%
50
i
U00
International
"'
11%
27%
*13%
14%
113
83
19%
*140%
7
13 Va Jan
46%
40% May
May
83
11%
77.719 7.
77
20
com
81 Va
11V4
17:/-' 163/a
34%
22%
No par
& Chemical
81%
11V4
3%
*13%
No par
common.
83
ll
11
16%
;
47c preferred—
.——100
International Mining Corp——l
Int'l Nickel of Canada com__No par
r
j
*82%
•81%
19%
a
Int'l Hydro-Electric Sys class A..25
i
59% May. 7
97% Apr 16
28
37%
Dec
28
19
Apr
26 Va
16 V*
98 4
preferred
Minerals
27
: 18% '
3
;, Int'l
23
4% Apr
30
V i
13
Harvester
26%
117%
16%
*2V'«
7%
Apr 29
>*' 43,
ir%> 19%
I3Va
Int'l
24 ;
80% Apr
3% Mar 16 ;:
24% Mar 16
Feb
116
9
34
v
27%
13 V*
42
.——No par
5
117%
52
30
27 Va
5%
31%
—...too
Rubber
...
117%
2,300
•
126
*29%
27%
———5
preferred..
117%
5134
*124
30
27%
46' ."7
;
13%
Int'l Business Machine new.Nopar
4
IV* Apr
'
4V2%
•:>
\
7:10% V 10%
.^_i
......
117
*29%
27
5%
^*30%
No par
Intercontinental
1
May
May
,
common
52
126
29%
300
19%
25%
32
x
*97
S A
Co.
,3 Inter lake Iron
Ap)r l6
A|r
96%
11
Feb
6
169
11
>
8
142V4
11
5% Feb
5% Feb
Dec
^b 10
Feb
Jan
3% Jan
14 %
161% Mar 31
10% Feb
22% May
25%
80
103
11
New
4
.>7"
46
34%
A——1P00
De M«x,
51
*124
29%
26
92
100
Inspiration Cotisol Copper—
.Llnsuranshares. Ctfs Inc
Interchemlcal Corp com..
No
14
21% May
Ipar 10
Inland Steel
20
46 Va Apr
5
11% Feb
125%
70
163
11
Electrica
40-
32%
22%
7 31%
Ingersoll-Rand common—..No par
6%. preferred
—.—100
5
7 Va Apr
95% Apr 22
Feb
15 %
i
21% Apr 20
8% Feb
Sep
35 % May
10
ctfs series
52
126
■'
20
56%
*25%
*32%
•
:;*75
....
30
14 S/8
A.100
ser
Industrial Rayon-
Apr 23'
Dec
4%
.'r
3%
loo
common—
pfd
Illinois Terminal RR Co——5
Indianapolis Power & Light
No pwr
'Apr 23
153% Jan 28
May
J20
conv
51
•124
52 V*
126
300
152
19%
25%
33
92% 7
32
:
*55
*148%
19%
*38'%
33%
*15%
,.1
55%
152
*18%
25%
24
15%
i2
£
55 V*
*148%
19%
25%
38%
f
40
♦21%
•
„
19
*21 %
38%
?- 5% '
«•*€ 66%
m wry***
—
IillnoJ# Central RR Co
2
169
Corp
67c. non-cum
2
•ftii#
101 Va
25%
*31Va
"J;
24%
•
7. 46
Car...2..-—No par
*10014
25%
83
31%
92%
preferred—.—.100
101%
:
116%
11%
15
40
40 Va
27
21%
27% '■ 28%
*33
.5
Inc
51%
29%
♦82
15
/
*38%
<100
56%
152
•148%
20 Va
*124
*11%
40
100
common
Idaho Power CO—
;
107
Motor
Foods
Hupp
*
{
Co
*55%
55%
87%
40%
2.900
25
*38 Va
101 Va
-
22%
*243/4
*86
25 Vis
*34% h 35 77
50
100
Manhattan
non-cum
Hunt
23
7
Feb
5%
&
•100 '
152
19%
30
n%
■
38%
No par
com
40 V«
2214
24%
87%
116%
27%
•31%
Hudson Bay Min & Sm Ltd—No
par
■
4
May
17, t
20% Feb
Howe Sound
5
,
Finance
*38%
'
22%
•24%
700
16,500
*86
'
116%
'*21%
>
8
22%
'
No par
com
preferred....—,
55%
126
*29%
83
11%
5
...
preferred
Hudson
23
11% Jan
13% May
39
32
t
It
Jan
Dec
'
24% Jun 22:
July
50
35 % Jan
I
11
;
21% Jan 15
19
Apr
8
4%. Jaa
ft
30;
conv
3%%
30
37% May
31% Apr
26%
•82
Houston Light Si Power
No par
Houston Oil of Texas v t c~.
25
Howard Stores Corp
—1
3
43% Apr
Mar 16
•25%
*24
$2.25
6
14% May
14% Mar 17
15% Feb
Feb
Mar
7
2
,4
*115%
Mining.....12.50
Houdallle-Kershey
Apr 30
29%
116%
25%
*14
Household
93
Apr 30
42% May 7.
9%. Apr
5
34% Jan 20
51
(Del).—
7%
25
101% r
*148 V2
19%
51%
•124
(A.5
Homestake
6
56
Dec
51
The—..—-__1
8
87%
"
l.ino
10
7%
22T/4
•24%
40%
714
8%
*86
for
Sharer
78
0%
8
22 Va
22 %
*«%
*76
8%
"
126
Hooker Electrochemical Col..—,—5
3
Dec
20%
E)
7
78
*8
24%
•100
152
18%
51
8ugar Corp......—......10
Holly
24
35% May
Jan
Mar
(C
Furnace
7
*76
Bales
the Week
t per share
8%
87%
*38%
•
56%
•55%
*143%
19%
>•29
Corp—.———5
Paper Co-t
—'10
Hollander <& Sons
28%
'19%
Co
Holland
-2
26% May
Hotels
101 Va
•124
Corp..
>
*100
55%
22%
40%
—
preferred-
7%
76
%
7%
8%
*86
*38
152
19-%
-
8%
24%
24%
86
86
com—.
Chemical
cum
12
29 Va Apr 29
44
13% May
common¬
Inc——:
25 V» Jan
11
-
preference.—
conv
Hilton
:/
7
36
•148%
Hinds & Dauch
11
t 48
Nov
55%
prelerred-
preferred......
14% Jan *2
7
t
101%'
Hershey Chocolate
33 % Apr
17
13 Va Feb
s'^
•24V8
;
•109
eommon—
22%
21%
25
86
,
40%
Motors
7%
'
8
'
22%
*35
^28
Hercules Powder
•8%
76
'
Friday
M ay 7
May 6
t per share
share
7
76
8%
-
S per
•■•
7
*74
/•••:
8%
7%
common..
non-cum
Hercules
6
May
W)
7
75%
-
8%
Thursday
May 5
,
t per share
,/■
PRICES
Wednesday
May *
7
*72%
*
8
prelerrea—
cum
(0
1%
16
23
28% Apr
79% Mar 22
common
Rein* (H Jy Co
Mar 25
7%
preferred
7
'
■7
8%
SALE
HIGH
AND
Tuesday
Sper share
j
75%
v
.22
14'/a May
126
/' *8%
'*24
CP
3%4t
Monday
May 3
7%
*72% I
:
—
Hecnt
50%
Mar
*7
t
—
Hayes Mfg Corp—
Hazel-Anas Glass Co——;
Apr 23
56
9
class A
'■
13
Jan
i
i
,
t per share
5
26 Va Jan
108
May 1
5
26% Jan
,
14
Nov
Hat Corp of Amer
5
Jan
2T
Dec
49%
r
9% Apr 23'
8% Jan
7
/
Mar 10
Jan
Saturday
Monday, May Id, 1848
RECORD
LOW
STOCK
ft
7% Jan
79
21%. Feb
-
YORK
Par
1
78
Apr
42% Feb
May
2ft
Marie
x20
Jan
90
STOCK
EXCHANGE
$ per share
,
II
6% Feb
73
NEW
Highest
May
6% May
75 Va
YORK
CHRONICLE
STOCKS
Range since Jaw. 1
Year 1**7
Lowest
,*
ScFINANCIAL
7**881
%
10.400
90Va
-
38% > 7i.;-38;!';7 38%--S
■
V;" 4,700y.;-v
K
t*
•£*•'-"♦4
Jun
22% Feb
,,
5
•
Feb 17
29%
Dec
58% July
23% Feb- II *.
f
Jan
48% Mar 12.
59
145/a Mar 17
10% Apr
Feb
20 % Feb
21%
Oct
IT
Jaa,
42 V* Feb
39"
49%
Feb
27%
Feb
116% Feb
11% May
65% Jun
Dec
34
f
Feb
Jan
38% Oct
102% Aug
Jan
Jun
40V* Apr
20
85
May
45
;
-
40
i.
Oct
59
Feb
52%, Oct
..
36
19
20
Peh 10 '
47% May
*Apr
21% Dec
V-- *03 • Dec
25
97% Apr 30
37% May 4
Nov
52 %
90
18 V» Apr 23
26%
♦1% May
*
»
18
13% May
20% May
13%
90
11
Kalamazoo Stove & Furniture..
Kansas
*
May
AVU May
f-i
Feb
108% Mar
Dec
16
e
lft
Feb
Feb
13
63
Mar
29Va Feb
91% Jan
32
Feb
Apr 23
24 3/+ Jan
2
to
21V* Jan" 2
preferred
s
J___
100
9G
Kansas CRy Southern cont___No par
7" 35 %/
>-A7e: non-ouna -preferred—i.7'100''
*:•' 57%";
Kayser (Julius) & Co_l__^.___
+_5
' *15%'
Kelsey Hayes Wheel conv class A__l 7 *21Va <
class- B
—_—:__i,
557
Apr 22
5
51
Apr 20
Kern County Land Co__-
13
43
Jan
II
19
8
11
5
13
23
Jan
31
8
103% Jan
2
13% Jan
17
75
Jan
2
35% Apr 23
95
Jan
20
38 Va Jan
2
Kennecott
4%
Copper
$5 prior preferred:
Koppers Co Inc
;,/:i734>ia% -7>/; % 18%7:I&V»T-;77 *10 ;:;:v i8%7,'77" i8V»
:-7-'*95.""' ;; 96%y'7;'
Cumulative preferred 47c
41
46 V4 Jan
Kroger Co (Th»)__
(K H)
Jt Co
16
21Vi
21%
102,
12%
*72Va
i
94 V2
94%
37%
37%
51%
Nb
101%
34%
ser__100
^ar
Nopar
t
*
73%
*34
*51
•<
7>43V*
43%
-
49%
.>*38%
•; .''
213 a
..
10134/!'-.
12V2
72%
72V2
34
-
•
/•
-
34%
94
94
36%
51
■■■•'?.• •43V4
■433*
•
-*'
*
36%
'
'■
.4
"'
■
v
543.4-
55-
51 Va
*21%
22
*17%
5414
47V4
48%
10114
•
*1214/ 12%
*71%
734 '
*34 V» s- 35 %
-93
" >93%
,
;
*5T
58%'.>
-'■•
'
15%
-•
'
17%
5334
54%
47V4
'
48%
*38
V*
;/
"
39
30
<
'15%'
2114
; 21
12 Va
*71%
•34%
*9314
12 Va
73
18*4
35
51
51
51
36%
5IVa
43%
43%
43
4314
•
.
*71
*34 V4
94
37 V*
36%
■
100^
l.
94
361a
36%
21 %
"34 V*
'
k
3,300
250 :
400
-
1
-"/•-
3414
94
'
900
L,;
;
36%
160
...1,500
x5G%
503a
503,
50%
43
42 V4 * 4234
',
'
/
*
1,100
X43
.
V
20
1,700
94
36 34
.
73,800
I2«/a73
•
20,200
•
-30%4:
12 Va
•
f
100
*71
/
343/4
93%
.
38 V4
7 20%
12 Va
73
500
48%
-
,
3,300
300
54 %
101
12 Va
'
;
22;
/->7'54Va
38
20%
*9914
.
*
60
20,700
.7400
y
.
15%
-">f 21%-
.
21
•9ft 14, 101
53
40%
:
c
36%
H'--;
37%
18 V*
53^4
:;:iV.-3 6%'
*21% -2214
17%
53
rA:-}
7/7 56%; 9014
37%
16
-
//,<; 500
'
'96%
57%/-
;
100
*10.-7"; 18%;
IS %.
.
*56
21V2
;40%. 4014
38Vi' 3ft ;v
2i%'-;v;: 21V4- 21%
" ;■"•
'96147 -*95
Vk v
36%;
36%
.<15%
v
'
3914
*12%
7 '
; 15%
-
36
-13V4-1&V*
55"7
50.
i>
3?%r.V>'V>
533/2
/ 15%
-21%
--
*/-■/; 53%
^
"> *57'
-
2? v*.
*21%'
"V-:: 18%' •'. is
•»
50
' *12V«
:58
58
7rt5%: A15%-M
22%
10
12
77
>
39%
*100
-
•95
36%
-
57%
*43 %
10
Kresge (S S) Co__.
Kress
35%
*39
:_No par
common
52% Apr 72
ft
_5
2nd preferred^
__^100
(G R) Co comlnori__7__:_^l
45% Feb 16
Feb; 13
_-No-pa?r
conv
Kinney
18%
96
*i7va: 18Va
4 52% 544 a
Keystone Steel & Wire Co_—No-par
Klmberly-Clft-rk. Corp- com___No par
92% Feb 21
11% Feb
-
10 y-.+lVA
City Fbwer 'St Lt Co—
3.8%
1,500
\
?
4% May
ft
-.
Dec
20% Dec
T
Feb'
14
Jam
4ft
Jan
4% Feb
9
Feb
11
11
20% Mar lft
392
5% Apr 30
12
Apr
5
2ft
Mar 2ft
■Laclede Gas Light Co-.
La Consolld 9%
Lambert €e
7
__ift
pfd
75 Peso* Mex
(Thfrh.i.^_-_z__
No psrr
r/'. 5-V3
-
*9%
5%
9%
2T%
'•'
-5% "'5%
5%
9%
.9%
7*Zt-<"*'•■ "21 Va
"21%'
10...
-5%
v5%
10
5%
*9% " 10
*9%
10 V«
2rVa
21% " 21 Va
21
2114
5%
5%
5%
5%
9V2
9%
2f*-7 21V.
11,600
•
|mc.
,
400
1,209
'
j'
Volume 167
THE. COMMERCIAL
Number 4697
N EW
STOCKS
Range for Previous
■
t pet
,j*a?
la
,
30%
35
Majr 19
44
Jan
,23
Feb 27
26% Jan
98 % Feb
4
101
9 % May
Feb 11
10
44%, Jan.,
8% Feb
Jun
'3%
1% May
1% Jan
j
25% Feb
9% Feb
5% "Jun
10%
7
25
May
.
59% Feb
46% May
29% Mar
78
8%F«b
May
Dec
33% May
10
Apr
Aug
•
24% Aug
109% "Feb
..-10% May :
27
18% Dec, ;
58% May
f. 79%
.12% May
,28%
:
17% Apr
21%:
Feb
Feb
13% Jan
*13
s
2
*
v
^15% Feb 27
Feb
Feb
21%
Oct
Jan
17% May
93
13% May
20
/
.
9
16
24% May
Mar 17
124% Jan
25
♦96
97%
trie
*
49%
50V*
nO'/a
19%
49%
63
49
10 Va
10%
49'/*
10 Va
10
10 V*
1,100
20
?«V3^
?0V2
20%
20%
48%
48%
49«/#
3,400
3,600
49V*
,
46
48%
20%
20%
82
83
21%
48%
48%
9%
38 V*
38
38
7,500
1,000
84%
84 V*
84%
X84
85
3,500
20%
170%
170%
43%
42%
42 V#
7C0
11%
12,100
66%
66%
11%
67%
11%
67%
11%
6T
67%
900
47 Va
■5,200
20
'Y46
''
21%
21%
20%
20
82
21%
22%
20 %
,
27%
.17 Va
17%
66
64%
28
27 V#
37V#
27%,
65%
27%
19V*
19
19
2,200
300
19,000
17%
65 Va
19Va
28%
;
66 V4
27%
28
18%
17%
65 V*
66 V*.
130
82
21%
20%
21%
46%
20
82
*81
'
17 Va
65%
'27%
48 Va
,-45%
19%
83
,
17 Va
19 Vb
65
:
66%
20
19%
*81
/
,
47
'
*
,
84
18%:
■
9%
170 »/a
64%.
28
9Ve
♦43 V#
20
*81
21%
;
170 Va
18%
*
9 V#
'
43%
11%
65%
18%.
4,000
172%
"
21 Va
4,000
,
49%
,
38
9%
9 Va
46% ,47%
46%
,20
84
20
48 V*
10 V*
11%
*66%
*83
*10
9%
♦43*/s
11%
11%
46 V*
'
8,300
48%
*170%
'
233/#
20%
43
67
63
10 Va
*169 Va
67
23
49%
84%
68
21%
,
49%
84%
172
43 Va
'
*31
^
84%
11%
63
23
1,900
7,800
51,700
9%
85%
11%
33%
9 V*
84%
12
33 Va
♦95
9%
86
43
96%
11%
*31
,
22 Va
3
170
5,800
33 »A
3%
3'<v«
43
,2,800
10
12
3%
9 V*
169%
96
3Va
*9
9%
48%
43 V«
V#
2%
38 V*
,
600
11%
3
9Vs
169%
10
3,500
7Vs
*37%
168 Va"
2,200
25 Va
25
7
9%
9Va
40
7
37%
.
19 V#
17%
.
■
■,■•' 23,400
3,600
2,500
2,900
30
' .700
.
'
19%:
*147
.10
IdO
,
24
.
"
30
*94
95
95
■:
•
X291/*
'!X *21%
48%
48
• ■ •,:
22
21%:
.
48
■47%
30 V»
-
*94.
■
24
24%
46
4-7%
30 V*
30%
30%
323/a
95
95
95
20%
21V#
21V#
37
37
>136
,141
■
30%.
30%
21%
20%
151
*94
98
*94
21%
21%
21%
•'
-30%
95
'•<
♦148
"148
24
47%.
*23%
Va
19 V#
150
"147
148 Va
24
148
*23%
'
19%
19%
24
*147
24 Va
49
30%
48%
30 V*
*94
Wa-
19%
.
149 Va
,
*23 Va
"
pfd keries A-!—100
MaeAftdrews Ac
50%
49
9%
40
6%
37
& Sons Inc com—1
Co_j_
50 Vs'
.48%
9 V*
*07
v7%' preferred_i—di.x.c_/__i.—109
Steel
23
Shares
29%
7
21 Va
22%
9%
20
29%
29%
40
,25
34
*31
63
9%
20
11%
Louisville Gas < As: JlleetriP A__No par
b; Nashvillel.__
.50
Lukens
*31
63
23%
the Week
13%
2%
'9%
23
20%;
*42
Louisville
8
*31
10V«
50V*
*19
(M)
3
Sales fur
,
51
6%
7 Va
3Va
*85 Va
<P> Co commort-——10
4%%' cum
3%
10-V*
Lorillard
i
34
6%
13 V#
51
*95%
11%
*33
37%
i___j.No pa#
Lowenstein
34
67/a
3%
5
23 Va
*27 V*
7
33 V*
6%
10
Long Bell Lumber A-—^—rNo pa#
.
11%
'10 Va
,
—No par
Co—__
96
11%
32 */ji
•
63
48%
25'
'
96
U%
*36
No pa#
Co—
'24%
.
40
25
11%
97 V*
*96
20 V*
5
—
25
25
40
,40
„
13
29V#
11%
33
11%
6%
2V4
*36
22%
9%
50V*
No par
,
,
/
May 7
fpetfhare
51
13
*49 Va
29 Va
29 Va
■
2%
♦65
15
-
*24 Vi
97%
11%
33'%
Lone* Star Cement Cotp;___-JNo pa#
27
96% Jan
.'C19%.Mar 17
Oil
Loew's
6
.<.,32% May.
Feb-TT,
92
25
lO Vs
.liquid Carbonic Corp com__.No pa#
5
3% % conv preferred--100
Lockheed Aircraft Corp1
15
49% Apr
20
Belt
28
Apr"12
Ape 12
150
<
•
29%-Oct
101% Aug.?
-L 26% 'Oct
••
Dee
Link
Lion
23
";. 28% Apr 22
Feb 19
.
19
119% Apr
5
bSV* Jan/' 5
.
,141
Jan1 6
i21%Feb.ll
X "3^% Mat lb
XX,..53,,:. "Feb
Dec
la
*
Dec
39%
-.57% Feb 28
19% Feb 27
'
-
.
12% Apr 24
Mane
40
Libbey Owens Ford Glass--—No par
Libby McNeill As Libby
7
174% Mar 30
11
18
40
,
,
'
'
Liggett & Myers Tobacco1 com—25
7% preferred
;
100
Lily Tulip Cup Corp___i._
.«No pa#
Lima-Hamilton Corp
5
Apr
49
Apr
23% Jan
84 - Apr
23% Apr
40
•
Lerner Stores Corp
5
68>
40
40
—5
8
79
.
Dee : >172 X Jan
29 %■ Jan
137%
Lehman Corp
Lehn & Fink Prod Corp.
Jan
"
-
Non-cufnulatlve preferred——50
$3 n on-cum 1st 'preferted_uNo pat
li
51
28%
-
91
.
28 Va
6%
pfd—i—.wNo par
(The)___
7
Apr
28%,
11%
33 Va
com——
Life Savers Corp
28% Feb
30% Jan
20
Valley CoaL
2
44
28 Va
50
12
55% Mar 16
i
35 y# Dec
•19% May
78% Dec
X—-U
10 Va Apr
Mar 12
28%
*96
3
& Sons Co1 com
51
12%
51
40 ,
*24 V*
cumulative preferred—100
38 % Jan
8% Feb 10
Dec
63
•
•
5
»—
13
165% Feb 26
37
Feb 14
t
12% Oct
Dec
47
X48
.
28%
*49%
-
-
*49%
12%
12%
51
Friday
May 6
I per share
$ per share
I per share
12%
12V4
*49%
Thursday
,
•''
1
12 %T
*49%
1—1
82
-
191% July
.169
——50
31% Mar 16
96% Jan
May
12%
50c non-cum 2nd
5
20% May
56% Jan-
Mar 18
46
,
11
Apr
40% Oct
8
11 % JaA
16% Feb 20
Feb
?
5Wi Apr 30
9V» Feb 24
<Jamcs>
Lehigh
20
10 % Apt'
LNo par"
Bryant commons
preferred
X----
Lehigh Valley RRi
25%Ma"p~23
19
41% Feb 25
Jan
24
Dec
17
5% Jan
.
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
May 8
■'"•
May 4
S per Mate
$ per, share
Lehigh Coat <fc Navigation Co—10
Lehigh Portland Cement!
25
9
3% May
2
Monday
May &
Mayl
"
Par
,
3.85 %
71/# Apr 23
Mar~30
19%
>'
50% Feb
v
38 Ve May
•
Lees
35% Mar
*4% May
37 Va Jan
9,
''
•
Lee Rubber & Tire—
12% Apr - 24
4% Mar 16
Feb
35% Mar
30% Mar
,
RECORD
Saturday
1
Lane-Wel.6 Co common,.
6
'
4'/a May '
;
4%%
2
95% Ja» 31
i
Feb
Lane
16
Apr
12% Feb
Dec
t
9
23% May
56%Feb
STOCK
'
Apr 13
28% Apr 27
May
30%
13% Apt
X52 */2
47% Jan 27
Feb
56
EXCHANGE
,
$ per share
share
YORK
,
NEW rrntK STOCK
Highest
•
Mat 12
9%
.14% Feb
21% May
.95
*
$ per
$ per share
49'/a Jun
r;
Lowest
ffighest
share
10
Range smerJaa. 1
if ear lSH
Lowest.
FINANCIAL CHRONICLE
&
151
23%
.
.
,
23%
:
>•»
48%
47%
,
6,700
.
14,900
30
21%
1,900
.
M
-
'41
152
-
60
-:V{.'-,fl34/v^m>irvv,
v
: 46.
,
Feb 13
43% Feb 11
Jab
2
142
30
Nov
Feb
13
.142
Apr•
Oct
<
24 Vi Mai
7
4
Mack Trucks
-
Iff
Fcrbes com
♦37%
preferred__X___!__^—100?
6%.
■v,
52% Jan. 5
38
141
'X 49
*136
.
49 Va
"•■,: 49 ' X
-
38
141
♦37%
X
•
*136
■•■
IncX^-XlXXXilNq pa#
141
*136
37%.
T4I
*136
.
*36 V*
37
*136
.
600
141
900
f
£iv*
25%
36
36V*
*99
TOO1/*:
••25%
May 4 r.X: *7 NeW\'Common:X,XX-!riXlXX-"i'!X!_8;
;35% Jafi X9 : /.Maty cR Hf -C^ inc^timL^.u-viNo par ; X *35% 35 V*.
;
101% Jaft 10 .V vi4%%X-pfdXserfcsMX^X^wii_X-l€0l. /•
*98% 100 ■<
; *13%
Madison Square Garden15% Apr 12
14
No pat
-24
22
Apr ; 5., '/:Magma;GoiHi»r-XX2X4_ix_XiL*!*U,_lO: •, .'X 22 >
•••'..:; 14% May: 4 X Magnavox; Co, vtThe>_—-__L
13%
13 V*
.525 /Apr :23 f: Mabdning Coal hH .Cb__—_L—_i50 ' *50b r 550?
X.-.;* ibV^Jan- 2: t =Manati-vSiiga*X.Co2Xi!-—j • XX 9
9
v
9%
*9
,V!No paf ■<
,10% Apr/ .6
Vc 26.
Jan :-7 V.Manhattan ::ShirtX_!X_2^,XXX_—-__5'.
♦22
23%
•Msracalbo -CMl ExpSbratioB^—
••. X-TTiHJan..27-i
__T •,
7% ■■.. 7%.
-23% Jan.,14- :,:.:MaraUmn'''CmrpVi!X^-iX,_XvXX_-_625" ■.
21V, > 21
^•.Marine Mldland Oerp—5'".
6% ^Vs-
>37
37%:
37%
;
50
X' 26
24%
■
24%
24 Vb
36
25V#
36%
X'99%
Dee
111
,
/-X- 11% May
-
41% Jan
Apt
XXXTa%. Dec "
-9;V*FebH
18%: Aug;
S25
{■
X~32% Feb
X
Dec/
t
1/
9
.May •
22% May ^
.
j( \
97%fDe«: 1
•\-
14
27%: Feb
8% Feb
16% J9ec
■*
V
V
;lll%;july;v
3i
V
J
?4% M?y,'
;
175
:
•
"
»
190
-
Jatt
88
Ded
85 '
Bed
i
.82
Dec
7% May
-
42
#
Juit
97% Mar
,14% Nov
35% May
50
Jan
<
,
^
84% Maf ?7
84
Feb 6
77%
Apr: 8
48% Jan
Range for Prevfons y *
X-X Year 1947
;>y::X
,/> -Lowest*
i-per
$ per
share
•
!
'i 33'%: Feb
J per
-
share
May
Dec
107%
Feb
88
Mar
45%
Oct
24''
May
32
Feb
46'
Dec
May: 7 :
,-100% Apr 14X
87
Dec
105%
Feb
40%
May.
16
>
May
Feb
19VsFeb
10% Feb
27
Feb
Feb
25% Jan
i: 24% Jan
73
13% May
19% Jan
41
47%
Jan
65%
20 Vi
Jan
Mar
43% May.
-83
,
Dec
47% Jan
111% Aug
Dec,
Apr
5
24
Jan
4%
10
Mengel Co
5%
(The)
1st
17
May 1
50% Mat 18
58
24
Merck & Co
90% Jan 27
$3.50 cum
Jau M
•
24Vs May
Mar 10
Feb
-
Apr
Mercantile
Inc common
Mefritt-Chapman & Scott—No par
4
Mesta Machine Co:
42Va Apr 30"
Jan-8
12% May
"
33
-
18%= Mar
,
Apr'
48%
13
Feb 11
*38% Feb 11
:
Dec
18% Apr
Miamt Copper.
^
Mid-Continent Petroleum^-
20
69% May
7
'-5
88%
84%
84 Va
>v82
:.'"X
X
'
156
..
.14%
6% May..
Mar 18,
129% Feb 11
Mar
.15% Nov
10% May.X
.
35
45% Nov
12%'
9%
Feb
47%
May5.
66V» Jan
•;-!r 84 %
Dec-
114% Feb
51% Apr
99
27
X 8
;
'
Jan
Ja b
25%
42% •Feb
4
Feb
;
110:% May-
Feb
9
Feb
21 Vs
x
21
42%
42
*41
51
51'
32V*
32%
100
*94 V*
'
22%
17%
17%
17%
*57
59
17
*16%
51
*49%
*56
5
50%
56%
563/4
Feb
49
64% Feb
.May'
15.%, Dec
i, r
17% Dec
24
.
27%
'23... Mar 17
May*
Dec
14% Nov
9%;May
27% Oct
17,-
,i
'1
May'
19% May'
17% May
«
•
99 %>
X
41 Va
•
X
27% Feb
Mar
16
27%
Oct
10
:
Maf 17
11% Feb 16
107% Dec*
112
40%
37% Jan
50% Jun
Feb
33% Feb
Jan
107% Jan
.
38% May
Jan
7.
17
Jan
2
42% Jan
16
55 V* Jan
5
39
Mar 19
Porfoouuetessc# page 24
-7
111
44% Feb
Jan
5
10
2
Feb
50% Jart 23
,
"•
$3,25 preferred series AX—No pgr
$4. preferred series B„n_—No par
X
Montgomery
-_i—;
Motor- Products
C0rp-^T
Mdtor. Wheel*Corp
r—
Mueller
Brass
Co—/--
t—3
X_—i—-_5
i—_1
Mfg Corp—u-r—-!;—-1
$7 preferred—_X_—_—No par
Miinslngwear Inc.—X
*-i—
5
Murphy Co fG C ) common————1
4%% preferred
*
—
100
Murray Corp of America com——10
A%- preferred—
*
—50
w
ar-Bros—
12%
12%
No »>*r
■:
.
16%
17%
17%
18
57%
60
16%
57%
17
*57%
16%
50 Va
*49%
17 V*
1,400
2,000
TIV*
5%>
*48
22%
■23V*'
40%
17%
12%
♦26
-;
57%
>115
110
57%
18%
16%
'-24-
*23 Va
.
12 V#
X
•
*24
-
13
13%
■
6
48%
48'/*
50 X
48%
08
98
98
98
68 Va
68%
]
69
68%
♦102% 103%
Xv 14%
147/a
*116
103
63%
12%
2,300
190
1,700
60
7,600
.
130
:';X
5»4 V
■.
65%
8,000
6%
6
6V»
13,800
21%
23%
22%
23%
39%
39 Ve
40%
40 %
500
.11% ,12%
12%
12%
12%
12%
X 9,300
300
*25 Va
26
58%
.
x58%
59 V#
120
26%
,
*110
58%
111%
59%
17%
24%
*24
,24%
13
13
27
17 '
*25%
58 Va
26%
*109
"
111
'
8,900 *
i,ioo
59%
60%
14,600
17%
17
17%
35,500
-
*23%
24
,
,
59'/*
24
12%
26%
13
13%
26%
26%
■•
21 Va
,«
24%
13 Va
26%
100 i
,
:
2,300
2;500
21%
2f%
21
*20%
^
20 VB
20%
20 Va
20 Va
20%
20%
20%
20%
21%
21V#
20%
20%
900
23Ve
23 Va
23V#
23%
23%
24
21
23%
23%
23 V*
23%
23%
2,100
,
t
;
*105%
107 Va
*105%
12
107 %
12
*105%
107%
12
12
12
12
37 V*
37V#
37 Va
38
28
38%
21
,
•12
*37
111 '
13V*
.26%
21
*21
*105%
12
12 V*
37%
37%
,
41
63
26%
21%
'
12
12
37%
37 V#
111
•110%
14
14%
40
*51%
53
,
27%
*105% 107%
107 Va
40
13%
52
,
13%
111
111
*40
27
21V*
,
*40
12
37%
110%
111
14
42
*51% -53
■
V*
13%
#40
*51%
110%
.
*110% 111
*110%
13%
*40
14
*40
53
*51%
53
*51%
1,600
20
1,400
1,700
220
111
14»/*
14
42
21%;
106%
106
-42
14%
.
'..
118
59%
58%
''
-
*116
U1
*109"
T7
■
59 V#
120
♦115
23,300
26%
>21
26%
.
X
-
103
V 63%
,
15,500.
14%
14%
116%'•117
117%
62%
1
'
:
13%
.17 V*
17%
25
12'/a
'
59%
17%
58%
58 V*
12%
11,200
40 V#
26
111
111
800
15%
22%
21%
*116
121
*117
110%
,
59%
58 V#
58Va
118
.
40 V*
27
*26
27
'
14%
63%
5%
40 V*
12 Va
15
2,900
77r200
139'/a
14%
<
J
6%
6V#
*137
138
48
103%
•62%
41 Va
X 11%
116
116
,!'•
65
63 Va
''
14%
15
116
16%
69%
*40%
14%
'
68
*102 Va
103%
14%
16%
65%
41 Vs
138
1
98
67
67%
102 %
49
*96%
98
16%
651/#
*40 Vb
11 Va
i
11V*
101
16%
63%
40
139%
*137
' 14%:
14%
:
101'
'
62
16%
61%
39 %
42
42 Va
101
100
100
"16 V#
.
56
42
42%
:
100
•49'/a
116
64 Va
900
42'/*
42
.
14%
*67%
*
200
200
98
117%
56'/#
1,700
10,800
139%
•■
"
110
'
49%
24%
49
,
49%
:
17
56'/*
51
17
90»/a
39%
12%
58
13
17 Ve
60
140
400
1,900
4,100
24
23%
110
13
22%
*89
22
i
26
*23 Va
22%
89%
;X 39%
'
118
No par
MuHino
VwwWW
....
:*
57%
22%
4,300
24 V#
16%
*137
-X. 103
14%.
14s/#'
64% -vXX 62%.
6Va
*109
.
22%
21'/#
23%
62%
;
22%
>115
43
89%
41
68
*115%
117%
58%
94
43-
56
43
16%
103
.
: 40%
58%
*92 Va
42
24%
61 %
•
>67
Vr-
14%
.
20%
91 Va
42
88%
40%
139 Va
14%
*39%
6
20%
90
X 1,400
500
56%
42
*137
14%
100
•
23%
21
88%
;
26
-
Motorola" Inc •—X_X
14% Jan 21
16
13
756
Jan
X
.
2 ■>'
J1
16% Dec
9% Dec
108
Mojucf Hosiery Co Ine_.
1.25
Monarch Machine Tool
X—No par
Monaantb Chemical Co com—-X—5
9
Apr 26
21% May ,7
21% Apr 19
25% Jan
100% Mar 31
15% Nov
Jan
28
' Feb 19
107% Mar
,
13% Feb
19V* Maf 17
25
27
Carpet Mills—20 '
23%
21
20 Ve
'
22V*
,
23
21%
23
900
55 Va
62 VB
:
*41%
103
63%
*94V«
24 Ve
*99% TOO
16%
16%
V//X; 61X
r
139%
>115%
£
500
3,100
24 Vb
24%
*42%
43 V*
99%
16V* > 16%
;xv
Ward At CO—:_No par «
Moore-McCormack
Lines_v_
X—5..,
Morrell ( John) 8c Co————No par ^
17%'Majr "4
«"•
20% Jab 22
102% Apr*
10
May'
35
Apr;
ft
112% Apr' 0
60% May 7
•
IIV* Jab 23k
14% May*
i
.5
61% JanX 2
l2l
Apr 22
,
10
47% Maf 16
:13 ' Maf 17
Corp—_———X__10,'
Mohawk
Jan
12% May '7
28% Mar 24
11
105% Mar 17
Missbm
Md-Kan-Texas RR com—X—No par
7% preferred series;A__!—-—100
24
24% Maf 11
102
v
;
700,
90
♦88 Va
24%
23
*42%
99%
14%
33%
96
:
*49%
X
♦49%
90 :
23
*102 Va
51%
32%
16%
*57%
,:-A
'
43 **'••
68
28%
51%
96 '
k.
250
f
,
"28 V*
22%
17 V*
17
3,100
40
91
43
22%
17%
58
16%
57
*88%
56%
:•':: 41%
22%
40
20%
*90%
X43
17%
50%
65%
91
43%
34
99
51 Va
*21
Share*
share-
33%
32 V#
!
*94 V*
■
21 Va
20%
20%
:
Sales for
the Week
28 Va
32
23%
23%
21
57%
;
17
63 Ve
96
*21
22%
22%
■22 V*
400
—Lj:
2,100
May 7
*97%
'
59
X
X
23%
*41%
•■••:■•
♦
11%
44
•
49% Feb 11
Feb
Apr- 27
*27%
51%
23
>■
'6% Apr 24.
Apr 26
10
11
-
15% Apr 23
Apr 23
66% Apr- 29
34% Mar 17
63% Feb
128%
103
28%
28 V*
91
*66 Va
40
'
33
14%
Mfg—X——No par
$4 preferred _X-^_—No par
Minn Moiine Power ImpI com.
1
$6.50 preferred—No par ;
*39%
28%
14%
Minn Min io
39%
32%
20
14%
99
28%
20 VB
*137
33%
98%
:5i%- 52
*
3
5
119
11
13%'Feb
Feb
13% Feb
32
Feb
49% May
2
'
32%
33 V*
94 %
91%
10,000
37%
$ per
$ per share
:
52V*
19%
6&
Friday
X'
33
28%
91%
11%
43
34%
35%
X 98%
39%
21 Ve
11%
May 6
J per share
32%
39%
19%
60
130
X
85
*40%
98%
33%
100
23%
3,500
*I10V# 112
Thursday
',,•'
39%
uV* ,11%
Minn-St P' &• SS M A 'Vtc-!-No par ■; ve 11% X 11%
49 Va
-J i 49%
'49% .•X- X;- 49 Va
Minn-Honeywell Regul * com-—'-X—3
98
07...
3.20% conv pfd series Aiu—•—100
96
*95 :
2
bO
99
51% Jan
,
-
Apr 21
May
Steel Prod com_—-No par
8% cum 1st pfd—.——X—i 100
Minneap & St Louis Ry_-_—No par
,
7
98
'10% MaM6
11% May
28
54% Mar U
Oct
56% Oct
3% May
13% Jan-
Midland
26
•>6%
111% Mar 11
'28% Mar';
Apr
$
123
32% May~
8
May
138
X; 15% May
Mar 17
88% Jab
102% Dec
19
Dec
Jan'
23% Sep
Feb
-45' Feb 27
.
70% Dec
Dec/
May
•7
104
44% Apr
v
*34%
Wednesday
May 6 - v
:•■
'
pper share
93%
12
43
90
High SALE PRICES
May 4
*94'A
*83%
*110'A 112
'35%
Tuesday
•;
46 V#
*40%
«40V*
*110 V*
36
174s*.
X', 11%
X 11%,
11V*
40 V*
23
;;1
;
10
83
*
29% May
136% Jun'
?
,
,
89
94%
:
.
X
1,500
4,400
23
88%
,39%
99%
1,500
-
23
: 30%
34%
172% 172%.
45%
45'/b
;
89
„
*110% 112
t per share
21%
X *42
pfd-100 X
3^^.
89%
33
22%
<•
——__5
Metropolitan Edisox 3.90%
22%
89 Va
10V*
May 3
90
60 *
32%
:
*8»
35%
Monday
•*93% 5 06
*22%
23
*88%
par
60
22%
4>C
*88 Va
100
56 Va
preferred-L-jX—No
-
59%
4
270
X 45%
40V*
X
35
34
♦49%
Transp Co-—No par i
1,400
1,700
i
17
61
88%
.
82
16%
Ine—X—3%
Co
20%
90
99%
17%
20
>
17
*172%
33Va
*57
•
20»/a
19%
♦16%
•
172Va
45%
89 V*
33 '
22%
cotnmon...
preferred—-*—50
Stores
Mereh 6s MIn
101
6
conv
17 '
4,800
X
46%
90 ;
*40%
2nd
pfd (2nd series)——_50v
Melville Shoe Corpi--^._j1.Vj.*J—l;
18% Apr 28
X
share
19%
>
750
;
170
17ft
*91
par
12,500
7
32%
33%
21%
10
.—No
series)iX^X—100
(1st
V
19%
'
r
.,.22%
22%_
3$*?
45%
,;»«
*110% lllVa
33%
»„
16%
24%
24%
99'/# 100
'
*88 V*
46 %
40V*
40
*52--X
1
22%
?88%
•
9'/*
x; 9%
*28
pfd
59
*32%
1'""v'
82
*80%
■
33%
Co—____X_
4,800
T>.200
16%.
60V#
tOO
90
i.
17 y* '
59
"
22%
887/»
52%
Stores
"••■"',
'
90
28%
preferred—par
4%%
••
88 V*
52%-
58% Apr 29
36
45'/*
*88%
23%
"
25
'
500
7%
21%
v
100
23
'
174
.
*27%
-
X
com—18
24%
7
•
!
2,300
.
9%
'
6'/#
*16V#
16 V#
TOO
99
20Va "20%'',
'
22 Vs
-
39%
10
94
V32%
hw
:
39%
Inc
*9
21%
6V#
1AV#
24%
'25 V*.
25
■
Co.!——No par
21V#
,
6%
•,
8%
*22%
7 V#
■
7 V#
16 V*
,
10%
17 V*
-33
99%
Robbins
23
7
■'
14%
550
8%
'
Saturday
May 1
I per
,
X
21'/#
14%
OVa
;
*22V#
.
'•'
20%
6Vb>
■
99
•
58 Vs
'22 V*.'
39%
Mc-Quay Norris Mfg Co
Mead Corp common
7
19
43
: 17% Feb 13
35% May
97%
x 57%
•
.
•'
17
99 Va
MCLellari
12
Jart
•
7
6,500
100
14
*510
-
8%
*9V*
*8%
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.
21
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preferred—100
88
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2t
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conv
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44% Feb 11
,
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McKesson M,
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174
33
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15
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X
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•
Feb
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'
22%
32%
32%
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Mclntyre Porcupine Mihe»—-__v__5 v
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,•36 Vs Feb 27
55% May
MeCrory; Stores Cdrp1
95
Apr 26
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80'A Mar 24
50
•
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.
low and
34% Jan 12
11
Oct
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v
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:
,
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20
87
.
.
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29V< Apr 23
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31%
Jun
42% jan
Jan 23
105%
X 16% May
>88%
5
30% Mar 17
Feb
29%
Jail
45
Jan
: 17% May
21% Dec
Feb ill
23% Mar 17
56% Feb
44
STOCKS
NEW YORK
:
■••v-vX.':;x> , EXCHANGE -'X'x*:;xx-'';lx
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Master Etectric
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24
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•
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83
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112
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Lewest,
82
•11:
■
.7
•
;
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share
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9% Pfeb 11
38:
Maf. 12
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'
32
Feb 6
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X 176
Janx26 X-r, ■■'%%'. prefefTedX_XXXi4X—XX-XX-lOO; •
>
.
Jan
113
v
108% Mar
•
'
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'€oy'pjt-C!'!XX-!X"^XNb' par
MathleSon, Chemical
X 35% Mar 16
*
pfd_:_Xioo.
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f
•
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.
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?
106
feb:,
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*
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16
X 61
i
4
'
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22% Apr .16,
27% Feb, 11
May: 4
,
print
.
Marfan Ffeld tsc C& com
-Nq paf
,•
preferred—J!-!—L-^w-lOb!-"
.
;
19% Mar
49%'Feb
39% May
162% Feb
Market st Ry 6%
.
,
47VaFeb.Il
35% ,NOV X
,
Dec
6% Feb 20
Feb. 20
.16% Apr
9
22% Mat 4 X-27% Apr ^4
'*13%
.,
"14-
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-
-
;•••'•;. 49% Jan
26% Nov
13 V*
'
22
525
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8 V*
8%
„
'
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14% Jan
2
f X 24% Oct
"j X 63% Jan:
18% July
•
•
21%
-
.
X: 97V.1!
Jan.,
May
14% May
39 % May
.
-
-
/ :
*9&7/a I00V*
14
*13%
.
'
36 Va
,35%.
i,
15
:
;
^ Mar .4
.7
5% Feb 10
18% Mar 18
:
34% • Feb'-
Apr; 23
8% Mar 16
20% Feb 17
f
,
5
,
•Kl63,a Feb 25
Dec
-•X/-d5b>./JuaX ■ 500
X;
6
May ■y.f 12% Jan
/'
14% Feb
9%. Dec
""
Apr: 12
: 11% Feb
,21% Mar
16%
May 16
9»;
i
Mar,
15% Feb
(
.
30'/a
;
6,000
3,000
,
'•^;;r^6%Mayy?
<
42
52%
3,000
-t
100i
;too
:
20
(2044)
THE
COMMERCIAL
NEW
Range for Previous
•
YORK
STOCK
CHRONICLE
Range since Jan. 1
Highest
Lowest
t per share
NEW
Highest
t per share
YORK
HIGH SALE PRICES
LOW AND
STOCK
Monday
Saturday
EXCHANGE
May 1
$ per share
Par
Monday, May 10, 1948
RECORD
STOCKS
Year 1947
Lowest
I per thare
FINANCIAL
&
t per thare
Wednesday
May 5
Tuesday
May 4
May 3
-
$ per share
Thursday
Friday
Sales for
May 7
the Week
May 6
I per share
$ per thare
tper share
f per thare
Shares
N
14
Mar
May
May
19
21
8%
19%
Nashville
5
Jan
7'/a Feb 27
Feb
16%
11
17
17 ft Mar 22
National
Aviation
36% Apr 28
National
30% Jan
National
Biscuit Co
Jun
164 ft Feb
10
Feb
Feb
43 ft
Jan
15 ft
Oct
17%
Mar
6
National
Cylinder
National
23 ft
Oct
48 ft
Dec
25ft
Jan
107
Feb
36%
87
29ft Jan
6% Jan
8ft
Dee
95
21ft May
12% May
Mar
Nov
Jan
^
*
19
22
Jan
x22
>
12-
Feb
Feb
July
100
38
Feb
x27
Dee
Mar
87
106
Dee
13
Nov '
108 ft Jan
:
Dee
May
Dee
V
Jon
Dec*
38
Feb
20
,
Feb
26
May
May
18% May
80
May
lift May
19
Apr
12
18ft May
,
3
13
May
58
5
Apr 23
Lt
&
National
Tea
90
Jan
4%%
62%
290
Feb
142
May 4
23% Apr 19
3
23% Apr 20
25~ft S~ep"
19
Jan
55
19
84ft Dee
20 ft Feb
Mar
10ft May
86 Va Jan
; Sep
14 ft Feo
27
I00l/a Aug
23 ft Not
33 ft Dee
56 ft Dee
25 ft
53 ft
Dec
Dec
Jan
64 %
Nov
Jan
'
"
30
Mar 18
York
Air
Feb
6%
8
Jun
$5
ft Mar 10
Elec
Si
19 ft
19
19%
19 ft
19%
23,800
40
39 ft
39 ft
40
40
*38
17
16%
91%
35%
140
35%
.:
.
17ft
35 ft
\}
7/
6%
22'ft
ii
May
Feb
81ft Jan
2
11% Jan
x21ft Jan
13
17% Mar 20
Oct
14
27% Mar 22
33% Jan
2
22%
%
Lowest
6ft
77 90 ft
*26 ft
27
13 ft
27 • ■ 77
7*26%
♦13 ,7. .'13%
io%
7 10%
13'ft
♦10%
ii
.
21%
:
27
27
12%
13 Va
10%
10%
'.'v,;.
26 ft
7x7713
*17 ft
•,
10%
*101
90
Mar 19
*33
40 ft Apr
24
33%
93%
93%
11'ft
11% :: u'ft
*94
•
96
••55
■
7
102ft
*94
,7
,r;
54%
27
38
39%
/V;:
Airlines
Int
7
Norwalk
Tire
5
Norwich
Pharmacal
%
Vll% v7U%
,
*94
96
56
27 ft Feb
92 Va Jan
26% Feb
16 Va
14
July
Dec
107
28ft
May
92
33%
Feb
89
Feb
Feb
Jan
27
93
.I
34
Apr 24
100% Apr
3
38 ft May
7
2
18% Jan 17
30% Apr 29
105ft May 4
11
9
25
'12% Apr 20
100
2
Mar
Jan
Jan
5
25
1
56
65%
*55
240
•
55
8
23
17
Jan
89
:
Jan,
5
29
5
Feb
27
73% Jan
2
Sep
lift Feb
27
Feb
11
Feb
11
Oct
13% Jan 31
62 ft Feb
11
73
-46% Oct
34% Feb
30
,168
H
.
T
Feb
Feb
134
89% Oct
7% Feb
'
14%
18
2
g;
22 &
*%May
?
Dee
8% May
Sep
08% leg,
7
Apr
13
55
*
109
9ft
■-
Feb
,
July
Nov
Mar
Feb
J^iy
32% jan
53ft Jan
4ft Jan
43
Jan
34 ft
Feb
14 ft
Feb
15 ft May
Nov
38 ft
48%
15ft
16 ft
.24%
For footnotes
see
,
Jan
11
Feb
92
ft .T«"n
6% Feb
i:5
Feb
Jan
2
21
26% Apr* 26
45 Va
Mar 16
Mar 16
24% Feb
11
6ft Mar 16
9
Feb
30 ft May
24
Apr 26
9ft Apr 22
102% Apr
24 ft Apr
10
2
28
2
99 ft
'
U
34 ft Feb
Jan
21ft Apr 24
56 ft May
7
a-
11
18ft Feb
6
10% Mfcr 22
12
97
15
61ft Apr 21
13
5
Mar 18
v(6ftApr
8ft Feb 27
13 ft Mar 16
46
15
Apr
147''
2
4ft Feb
Jan
39% Apr 23
100
10
41ft Feb
5
19% Jan 13
36% Jan
8
54
13
22
109
X
27
4 ft Feb
-Apr 13
42% Apr
ft Mar 17
30 •; Feb
89 ft Feb
129ft Jan
S2
15% Jan 17
47 ft Mar 16"
;39ft Feb
»«ft Dee
.
,15ft Mar 20«
i
H*
22%
14,700
*26 ft
*90
27%
13
;
v
91
•16ft
4,200
v
91
150
27
27%
500
13 ft
13 %
*10%
107/a
1,200
1,400
„7
13
V; 10%
.10%
A
♦2i.
85
19%
92%'
92%
19%
/• 86
7 ,7
-
19
67
7
30'ft
59
59
*26
V
■>
15%
; 15%
11%
.
7
11%
■/". 55 //
59%
26%
15%
7:. 11%'
4
19
V
7 ioft
10%
28%
'
'
92%
'7
S3
93
18 ft
7.
59
715%
'
31
; 58v*
59%
♦26
15%
12 V
V
ft
26 ft
15 ft
.22%
22%
>57%
; 58
26 ft
t
14,103
34,300
93
*87
50
24
*38 %
39 ft
5ft 57 5%
No par
Co
24 ft
*12
2.BQ
ft
♦90ft
90 ft
*38 ft
32 ft 7 32%
32%
33%
4,400
23%
25 ft
24%
25%
97,800
5%
12ft
88%
88
87 ft
87 ft
15%
15%
15%
15Va
15%
25 ft
25
25'A
24% 7 25ft
33%
39
*5 ft
12ft
12ft
38%
•5%:
Vr."39';;>, 39':V-
5%
5%
12,%
12ft,
'■/:•
LOW
STOCK
Saturday
May 1
Monday
12 ft
HIGH
Tuesday
V'VV'V
May 3
I perthare
AND
X:
39
5%;
'
,
.
7777. V/ I
V7190
15 Va
10,500
25
25%
10,900
38%
;7/.
5ft
12%
39
80
5ft
V 5ft
1,000
12%
12%
1,300
>■
J
■•Wednesday
I per thare
'
''i '■'
88
,
15%
PRICES
Thursday
May 4 " v;V,,May 5
% per share
♦87
39
5 ft
12%
12%
.
SALE
160
33
24%
24%
7/
24%
i'"
15 ft
13'/a
7
7
M
15%
12%
90 ft
15Va
88
V
%
15%
32%
15%
f
7,100
57%
12%
77723 ft
7':
thare
per
Friday
May 7
7a
May6
I per share
Ohio Edison Co
*32%
3
29% Jan
9 Va
9
16
Apr 26
Apr
6
33% Jan
-
preftrredOil Co
Oklahoma Gas Si Eleo i%
Oliver
Corp
97%
36%
36%
pfd—20
*16 ft
4ft%
Omnibus
8%
No par
convertible
preferred
(The) common
Corp
convertible
preferred
2
5
Apr 27
Elevator
common
/
Sales for
the Week
77
Shares
}
$ per share
No par
.'
♦97
1
Paraffine Cos Inc com
(new) .No par
4% convertible preferred
100
Paramount Pictures Inc.
&
Co
1
——1
Minos
Transportation
V
5%
21
29 ft
29
8
Jan
Patino Mines Si
Enterprises
7
Penick & Ford
27
45
May
7
Penney (J C) Co
4 ft
5% Jan
2
Oct
11% Feb
13
Feb
15% Jan
2
15 ft Feb
11
19
Airlines Corp
Penn Coal Si Coke
Corp
5
Penn-Dixie Cement Co
144
"V
-
5'A
i
144
>
•"/
♦18%
33
50 ft
49%
39%
:V
,
:.96%
5%"
5ft
57%
-
.96'A
*143
'58 ft
5%
-:;4»/a
4%
V 4ft
9'/.
9ft
y-v 9 Vt
.20%
20%
90
*14%
"
Va
7
1,900
61%
60%
9,300
V 14
ft
11%
11%
13 Va
70
70
71'A
*37 ft
39
-
V
•;
.(300
*11
1,730 t'i
- j
.
20
•
:
■
-
>
:
32%
' 50
.
19 Va
'
V
32%
/
v
V
96%
144 V
;
:97
V
.
5%
..
/
97
•.;
144
.•%
.
■;
y; 5 Va
.'•.i
v
5%
58
'
/
9%'
i
;4,800
(.
j
f4,800
,
100
i
'«f
,
>
4%
»
,
;
200
•
4ft .;.
1
8,700
i;
,
9Va
:/
300
./;*
,/
-v
:
5,800
>1,500
98%. •;
144
56
4%
41/2
33%
98 ft
rV 56 v. "57
4%
i't'
37% -38% V/
*143
-^%
130
V
vi50ft.>
50
>
,
V'V
20'
:
32%
~
50
33%
143%
*19%
;
32%:
3ft ft
41ft
39
...
19%
49%
v
3ft %'
56% ::57%
4%
4 ft
V
■19
61%
•66
'
-
150
*18 ft
*84 ft
,*14% \ 14 ft
: ,19%'
,32%
•: 144
5,700
*•148 ft
V
'
144
600
29%
:
70
38%
96 %
5%'
61ft
120
21'/a
29ft
19%
87 ft
420
3,100
97'/a
*21'A
VV
150
*84
V. ,.?•
11%
11%
V.
39
58 ft
*148'/a
14%
11%
32%
/ /;
,Vv 97ft.
-*18ft'
38 »A
39
:i9%;
98
29 ft
7,400
105 ft
11
■
90
30%:
105 ft
X"~
21%
63
14%
*66
49%
•
-
98
»,
58
9%
"9%
7
-'9Va
19%
19%
'
♦20
55%
55'A
"54%
98
98'A
*97
9% V
20%
'
9%
9'A
23%
*44
55%
9%
25%
102ft
25 ft
101
•24%
23 ft
24
22'/8
*43%
45
*43%
2%
*2%
-fi
2%
t
29,700
A
,15,900
9
9'A
25
*.
25
*100
102
23%
21%
43 ft
43'/a
2%
2%
29%
29%
28 ft
♦27ft
9'/a
9
24 ft
24%
*100
22%
44
28%
20 -V
jjT
\\
■
•'
800
5
.
55 ft
*98
9
*; 56'A V
9'A
22
22%
*43
43%
24%
101'A
22 ft
23'A
*42
A
i
44 /■•/•
'.'"2%
2%
2%
29 ft
29%
29'A
28%
29'A
28'A
27%
27%
27%
<
: 27%
100
1
300
7%
7%
7%
7%
7%
8ft
2,900
11%
11 Vt
11'A
11 Va
11%
11%
11 Va
2,000
30%
30%
30%
30%
30%
30%
30%
30
43 ft
43%
44%.
44%
45
13ft
13 ft
13 Va
16%
17 Va
17%.
30%
43%
6%
6%
13 ft
•16%
*
17%
43 ft
43%
13%
13%
13%
13 ft
16%
16%
16%
16%
6%
.
13 ft r
"
"
,
4,900;
11%
8
7
x,
43 ft
8
"
16%
,
.9? SA
11
i
800
.
6.500
(,6,900
*13
:
3.200
7%
43 ft
'
•
r"
GO
65.100
.
2%
-
i
1.400
'
.
>1
;
10,600
.
24%
101%
102
180
11 Va
30%
6%
»
6,100 1
100
7%
31%
17%
9%
29 Vt
43 ft
13 ft
98 ft
2%
43%
•6%
,-56 •••;
98 ft;
25 ft
20
11'/a
11
♦12ft
55 ft,.
98 /;•
28 ft
*27 ft
7%
55%
98
101
;
-
55'A
29
29
V
9Vt-"■9 'A
20 V 20,
55 ft
2%
*30%
*17
•
"45%
'
19%
9%
20
98 ft
•97
9%
25 ft
28'/a
7%
11
98 ft
102ft
104
-
55%
•
9%
25%
25%
*102
*27'A
1
/' -39
*96 ft
7-
29 Va
7
39
*18%
...
14 ft
/'•
29%
V
11
29
19%
70
29 ft
105ft
•
*21
150
200
97
97 -/«.
87 ft
62
34
•96'A
10%
21ft
*18 ft
'
vv*33
"
29%
.*■:
*84 ft
11%
*66
39
49%
38
V
4%
•
29%
10
/
<
11
V'V
ft'
49
*14%
..v
lift
105 •:
,
98 ft
♦148ft
63 '/a
34 ./:V
'
No par
8
14 ft
70
*97
h>
■
X28%
10%
19%
62%
/'•
10'/a
87'/a
*84
64.
'
150
18%
87 ft
19%
33
58 V2
2%
No par
:—No par
3Rft F*b
'
*14Pft
18 ft
/
♦19V4-
-■5 ft
58
1
No par
12% Apr
Penn-Central
21%
.
<v
150 V
♦37 ft
■
800
20%
29
?■ 32%
.
;
2.50
—
Parker Rust Proof Co
Parmelee
:
" 143.
16%
28%
21
*14
98
•
143
'"'•'■■'•V 16%
98 ft
*11
33
16%
98 ft
99
*148 ft
49 Va '
38% V
'/
16%
30%
'
par
100
Refining
32%
16%
*33
105 ft
18 ft
19%
49 ft
.*38
:
16%
30
*66
38
33.400
105
12
■.
38'/a
10%
70
V
38
V * 19
10
Airways Corp——2%
Pan-American Petrol 6c Transp—.8
Panhandle East Pipo L com—No
par
37
Jan
1
'
.
*66
Pan American
Davis
*11
37%
30%
28%
•
7
M4'A':
14
*
i'V
105ft
62
10
38
10%
62 ft
par
96 ft
37%
V:
29%
*84
/
96 ft
37 ft
:103 ft
18 ft
€2 ft
96
36%
10%
87 %
—12.50
34
96 /J
29%
•20ft
28%
,V:*33:V/'
96 ft
37 VV
103%
*97
/
150
7
33%
10%
*18
Pacific Tin Consolidated
Corp.
Pacific Western Oil
Corp
Packard Motor Car
Mo
Park & Tilford Inc
Park Utah Consolidated
16%
*£4
Pacific Finance Corp of
Calif—.10
Pacific Gas & Electric
25
Pacific Lighting
Corp—rT—No par
Pacific Mills
———No par
Pacific Telep Si Teleg
common—100
6% preferred
•
100
Parke
16%
2.50
non-cum
&
17
-No par
6
8% Mar 22
*28%
36 ft
29%
21
*148 ft
Pacific Amer Fisheries Ins.
Pacific Coast Co common.
1st preferred non-cum—-No
4% preferred
Panhandle Prod
99
*95 ft
102%
//,;
10%;
*97
33%
96%
36%
*16 ft
30%: 7
33 ft
96 ft
.
103
•*20 ft
—100
Owens-Illinois Glass Ce.
preferred
29%
*10 ft
No par
preferred
Outboard Marine 6t Mfg.
Outlet Co
*32 ft
x35'/a
|
.
17
*102'A
6
A^.100
6 %
2nd
I-
100
10
Feb
*96%
common
Jan
page 24
33%
-100
No par
4.40%
Ohio
3
v
26 ft
■W-A
15%
24%
88 ft
1,200
12
33%
ft
'"
77V 300
32
*30 ft
15%
24
')• 1/777;
:
57%
230
V"A'/'7/'
12%.
33%
15
7;
5,600
^
K
22%
31
*26
86
'92":' ;";
32%
*87
.>■ 7::,
19
18ft
12
24%
88 ft
i:
H
7a. i3o
91
12%
22 ft
*h »
-
726%
32%
90
:
: 52 Vs
'77'31;; >
22%
*30 ft
32 ft
'>157/
if
5,300
3,700
V
v
*85
8<r
-y i-'X?
,
V"
22%
31
59%
15%
; 4
22 V»
15 v 24 ft
? J
29'A
7*85
90
*87 ft
7'
25
7V; 300
V
235
10%
28%
,.
No psr
common..10
(f
♦!
IOC
55%
*210
f?
100
23 ft
77
\\
3,100
2,900
10% /■
*18"
ii
1|
14,000
20
92%
7*85
32ft
7
*54
tf
3,800
52,400
V
68
*20
;l
—i-1
140'A
19%
28
7
:7
28
77> 18%
21%
10
*215
10%
65 ft
55%
235 : V
1,200
7,800
16'A
/135
v;
7 3
,
29%
,
f
,!
5,300
7
V
39 ft
i6
23 ft
.»■;
*54
97
90 :'7 90
100
7*20
:
69%
20
7
39
.
3,900
50
57'A
39 ft
,
29
V?
180
77
2a
*87
;'
140 ft
/
19%
235
*92'/,
:
22 ft
'
•26
12%
139
55 VV
10'A
i
22
58%
16%
•;
23%
Vi 27%'
ssil
*30%
*26'ft
26%;
39-
15 ft
66 ft
19ft
*20
94 ft
500
•
•
11%
23
i-4°o
v;
V
ai-
31
*30
*92 ft
v
38%
/
140
93'A
18
•#57'-7 ix
29'/«
,V
68 V,
•
33%
89 ft
29
V
'15%
18 ft
7
*87
;V.
39
15%
19'A
_•
.,*85^
.
23
30 :.'VV
,38'ft
10%
7 22
-
7722%' 23%
1*87 '•/ 7 89 ft
29
102 ft
7*93
7V .11 %
55%
23
;
29%
V.:
I'
55
23
*215
10%
28%
18% 7
94
55%
28%
235
,.
7:7
77;
85
7
96
:
V
n
7, *32%
/
96:'/'
.
56'ft i"
10%
33
93%
23 ft
;
29%
'92
33
;11%
94
139
10%
•J 92
33 ft
7v: 700
i6%
18
*101
s7
102ft
•
7 *93 7
19%
*55
V *200
,
17% /. 18
*101
"77 lift
142
19%
16% :
l7/'v
11%
69%
140
77
/V;./7:v
225
18 V
102 ft
W55
29
;
1
>718ft
Fsr
Otis
154
56% Mar 19
43ft Jan
;62ft Jan
M
800
21%
:21%
91
'
68 ft
:.7'77;
55
225
10%
29'/a
93 ,7
♦92
7
19'ft 7 19 ft
20ft
20 ft
57
,
7V
69 77-7
7 140
138
19'ft
23'ft
29
EXCHANGE
32% Jan
26
'*80
? &
,
23 Va
93%
;7
23%
(Minn)—
Oppenhelm Collins
,19
2" 52
Xn
-
22% Jan 31
Mar 17
18
July
iff
Jan
83
Jan
80
10
•
Mar 16
147
Not
May
Feb
20
163ft Jan
28 ft Feb
Oct
19ft May
84
Aug
Mar
8
Feb
118
Apr
22% Feb
Feb
13%
May
15ft Sep
Dee
II
94 ft
23 ft
*92 ft
16%
137ft
*10%
25
t per share
11
7ft May
86
*31
%
94
23%
7-11%
39%
16%
♦225
50
Rubber
NEW YORK
Highest
.
Feb
27 ft
Dec
10
Range since Jan. 1
Lowest
$ per share
Dec
17% May
68
It
93%
21 Vt
I
7; -7
33%
TV V
cumulative preferred
Northwestern Telegrapk
Jan
93
16
39 ft
15%.
*20 ft
2.50
pfd $3.60 series
Jan
Jan
Dec
149 ft
2,600
4,600
II
17''7
18
33%
93 ft
39
39'ft
15%
65 %
19%
100
4.6%
7
35 ft
22
Apr
24
1,400
22-
93%
*23
,10%
¥7"
17
*101jv
89 ft
29%
V/
137
10
Northern Pacific Ry
Northern States Pwr Co
33%
96 v'V-V.
55%
65
,
•'
!-7
:"7 7 23 ft
89 ft 77:
*87
28% 7 29 vvvm 7729
28
:;.7l5%
100
Co
13
111%
91ft Dec
93
110
6%
21ft
/"
310
142
*6 ft
•
190
6.300
7
O
Dec
?1
18
*140
6%
22%
A
23 ft
23 ft
7*87
7
90 ft
28
'
"
•
*101 fa 102'ft
Vv
39%
♦88 ft
"•
■
*101
55 '7;
23%
*23 ft
*0
Aviation
Si
33%
93%
.
11%
com—100
Central Ry Co
Northern Natural Gas Co
Cum
7 18 ft
18'ft
♦93
pfd—100
—
Northwest
"v 17 ?'7 717%
18 V;
18%; a
18 ft
102 ft
34 /;
20
A
'17%7>
17%
17%
;':'18%
4
..V,V '.<■ STOCKS
$ per share
13
.
171% 171ft
140
V;
26 ft
.
35%
21 ft
91%
7
'•
7, 7
35
35%
6%
94
94
Z
17
93
171..'V:
/,
300
11,300
16%
93
'
140
22
a
1
8,900
40
17 ft
171
,
6ft
22
917,7 V. v;' 90
Si Western Ry com
Adjustment preferred
8
Highest
Perthare
140
6%
22%
*38 ft
94
35 Vt
170 ft
138 ft
140
*6'ft
.7
*#
t
35%
170
91
91
Gas Corp—
10% Mar ,18
Year 1947
16%
*92 ft
21%
Norfolk
fcange for Previous
•
17
92
35 ft
.,
171%, 171ft
V,;,,
,77.,'■ *138 ft
■
6%
16%
92
/92
20%
Industries
American
Apr
Mar
19 Vt
21ft
!v 7:90
No par
No par
series
American
May
ft
5
19%-
21%
Northern
4
Feb
Y State
North
6
Feb
1,900
19
20%
$3,75 cumulative preferred
7
33% May
13%
18'A
21
& Light 3.90% pfd--100
Shipbldg Corp partlo stock
1
N Y
5
25 Vt
18 ft
27%
18%
20%
No par
—100
common
5 %
13ft May
2
U
Dec
11%
26%
18%
\i
Haven & Hart RR Co.100
Preferred
North
11
Dec
lift
27 ft
17%
12
23%
N Y & Harlem RR Co
5
25% Feb
Jan
11%
26%
17%
%
1
preferred
5
16% Feb
45ft
non-cum
13
Feb
22
xll%
27%
22%
*90 ft
2,700
11%
170'ft
.V
6.400
12,500
17%
40
•138
'
4,000
8%
13'/a
26%
34 ft
.
41
8'/a
12%
12%
11%
91%
tt
8
12%
18
/
*23%
100
Jan
25%
Aug
19ft Aug
40 ft
7%
93%
No par
No par
Jan
Jan
102 ft
40 ft
8
23%
No par
Dock
Jan
22%
Dec
40'A
13 Va
23%
Nopco Chemical Co-
5
Nov
13 ft
May
40%
12%
7ft.
13%
92 ft
preferred series A
92
3
Jan
40%
7' 7%
40%
77
777
York
Nobiitt-8parks
Jan
30%
82
3,600
7 7-,„V-
City Omnibus Corp
23% Apr 27
115ft
Dec
500
8%
27%
6%
1
Brake
36%
61%
28%
17%
8
18
Mar
23%
8%
92
V "*<
25 ft Mar 18
v.j 14%
*23 ft
8%
11%
22%
*,
10
Y Chic & St Louis Co
N Y New
87% Jan 22
4
Mar
55
-
200
23%
23
N Y Power
■
Mar
10,900
S'/a
91ft
N Y
3
Apr 20
19% Apr 10
2
••
i SO Vs
Oct
30 ft Sep
33% Jan
10% Feb
6% May
83ft Deo
81
%
400
27%
170 Va
23%
23
New
i...,
N
80Y4 Dee
27%
*163
170'/«
2,500
-1,100
8%
91%
100
New England Elec System
New Jersey Pr deLt Co 4%
93
6
16
27 ft
10'/«
23%
8
23'ft
Pa com—10
(J J) common
preferred
3%%
10% Apr 24
30% Anr 24
10
107
May
255
6ft Mar 29
;■
Not
11
4
9
200
♦22%
8ft
91%
New
20
49% Jan
23%
27%
*165
*23 %
9
22
11% Mar
Jan
27%
170
25
New York Central
Mar
27%
*163'
No par
Newberry Co
N
Feb
36
10 ft
17%
: 170 ft
ft
%
serial preferred—100
conv
16% Apr 23
121
15
36
10
19%
16%
138
*6 ft
22%
No par
ex-dlst
34
138
Nelsner Bros Inc common
V
69% May
:
14%
36%
27%
12
*91
171
..
1
No par
10
Feb
34 ft
No par
11
Dec
16%
91
100
Co
12 ft Feb
Aug
14%
36%
2,900
18
♦38
16%
No par
Natl Vulcanized Fibre Co
39
20 ft
*14%
7 ft
27%
18%
40
♦169
Co
Feb
26
X10
13
13%
12 *
91
100
B
Dec
137
13
18%
•38
10
common
4
2
29% May
42% Apr
5
Feb
10%
14%
36%
170
39 ft
7%
* 7 '/a
:
12
18 ft
Newmont Mining Corp
10
Newport Industries common
1
4ft% preferred
100
Newport News Ship 6s Dry Dock—l
26% Apr
11
Meb
17%
——1
Steel Corp
Sugar Ref Co
National
470
1,200
8%
14%
8
39 ft
27%
17'ft
Service Corp
50
Dee
6%
*98% Jan 12
12% Jan
8
96
ft Mar 10
36
27%
17 ft
No par
Stl Cast Co
22%
Not
12
24
83 ft Mar 23
Feb
3
Jan
34% Apr 28
10
Feb
27%
No par
Nehl Corp
6
20 ft Feb
Oct
46 ft
32 ft
Feb
•11%
A
National Supply (The)
4 Va %
preferred
Natomas
104
,
Mar 12
90ft Mar
32%
102
26
&
National
7
8%
'
H 11- Mar 25
44%
Dee
Feb
ft
Linen
Natl Power
5
Jan/2
Prod
Co
preferred
Mai
19% Jan
15 ft Mar 29
13 ft Feb 16
107
:
6%
National
Nat
2
23% Mar 31
94
10% Mar 20
24 ft
16%
Jan
Lead
preferred
28% Apr
2
14ft Apr 15
12% Jan 26
Mar 16
Jun
7
94 ft May
25% Jan
v
11
13%
18ft May
1
22
Feb
1%
7% Feb
2
22% Apr 30
Mar 30
Distillers
National
1
Mar 24
147% Apr
11
18% Feb 10
85ft Feb 16
Sep
29ft Jan'
17% Feb
-13 ft May
105
Feb
28 ft Not
173
81% Mar 10
,
Dec
100
20 ft May
12ft Dee
11
Deo
36% Apr
,
lfc
•15% Feb
Jan
28ft
23%
lAuHj
National Gypsum Co com
14.50 conv preferred
6ft Mar 13
Jan
.1%
95
23
134 ft Feb
Apr
28
-
19% Jan
25
163ft Feb
1
...
Nat Enameling & Stamping—No par
5
8 '/a
16,100
26
'
36%
1
National
13
8 Vt
v
21% Jan
5
43% Mar 30
Jan
39%
7'ft
13'/a
Gas Co_
11
Feb
38%
7ft
12%
No par
5
Dairy Products
Dept Stores
11
8 Vt
10%
10%
23%
8'/a
8
8'/a
38%
•
ft
__1
National
37ft Feb
15% Feb
7"
26 Va
8%
27%
170
23'ft
*23
23%
.v
7."
27%
16%
26
x26
15
27 ft
170
—1
8
Sep
33
No pa t
Co
7
Dec
79 ft
U
Container
2
Jan
25
Cash Register
City Lines Inc
13% Jan
29% Apr
28
8
27%
170
v,
16 Vt
26%
26 Va
36%
14%
*36
36'/a
36'/a
27%
170
10%
10%
15
*14 ft
16%
25%
26%
'
18 ft
Feb
27%
•165 V
*23
r.
8%
7%
8
10 Va
10 Va
15'ft
36 Vt
v:
-10
No par
7%
8%
10 ft
.10
10 ft Mar 15
18
7 25%
*8
16 ft
26%
25
26 ft
*35
Corp
14 ft Mar 17
May
26%
26 ft
Corp
24% Mar 17
190 %
26
Share
Can
National
16%
25
25%
26'ft
,100
Feb
167
16 ft
Nat
16
16%
16%
.
26'ft
26 ft
*14%
National
7
2
16%
25%
26%
—5
common
Jan
Dee
**18%
5
Jan
9
16%
25%
*26 ft
—4
Jan
Dee
52
Bond
National
13% Jan
13
165
230
Nat
v' 16 V»
16 ft
*25
Inc. ...1
preferred
5
Jan
41% Jan
28
136
lift
95ft
35ft
22ft
*87%
17%
7%
Fibres
Corp...
20ft
Dee
98
9
10
Feb
lift Feb
Mar 25
23% Jan 12
11
33 ft Feb
5
Automotive
38
25% May
7
9
6% Feb
Dec
14%
20
171
National
...5
...1
Battery Co
20
13%
Louis..
National Airlines—_
Mar 18
29
26 Va Feb
26Vt
Dee
9% Jan 29
10% Jan
5
St
.100
_1
Chatt &
8% Feb
-
Feb
187
Jan
11 ft Feb
Feb
Dec
34ft
13 ft May
26% Dee
14% May
17% May
30ft May
14% May
.
National Acme Co
34
21ft Jon
8ft May
May
7% Dee
88
Corp
7
29
14
33
15 ft
Nash-Kelvlnator
26% May
14
:
Dee
96
2
24
Feb
-
.
Jan
13
17% Jan
Feb
16ft
Jan
165
16
20
24
10ft May
27
„14% Mar
Feb
Jan
Dee
9^ May
24
Feb
29%
30
800
2,000
1
•'Li?:
COMMERCIAL
THE
Number 4697
Volume 167
NEW
H
Lowest
Highest
f per share
Highest
I per share
t per share
if*'-'
J-
Range since Jan. 1
Year1947
Lowest
NEW YORK
-
!
.
29
Sep
36
Apr
29
Feb
18
*107
Dec
117
Jan
110
Apr
8
Dec
18
22
26%
Jan
111
Dec
81%
6
55%
Jun
45%
101%
22%
35
Apr
Dec
4
:
Jan
27 %
100
8% May
13%
37
62%
48%
Apr 27
Apr 26
Pet Milk Co common
7
-
14% Apr 28
2
Feb
11
17% Apr 20
60% Apr 16
40% Feb
Dec
13
preferred .a——,:
Petroleum Dorp of America-.
55% Apr 20
Feb'
:50
5
54
5
104
Apr
Pfeiffer Brewing Co
97%
Dec
21%
Dec
23%
Dec
111%
29%
21% Feb 26
22% Jan
Jan
Dec
21
Jan
28
Dec
Oct
14
Jan
28
Jan
22
83% Apr
98% Mar
Dec
Jan
90
25 % Mar 16
Dec
109
Feb
87
85
Dec
101
Mar
43%
21
Apr
43
Jan
93
12
Jun
Apr V
Dec
99%
96%
Dec
96%
16%
Dec
18%
Jan
11% Feb
11
7
8
14% Jan
5
■i
16
102
85
Mar 17
!
26
Dec
165
16
Apr
v'.'7
May
;
8% May
114
;
; Dec
169
32%
'/
Dec
Mar 16
-Jan
12% Feb
Aug
203
Aug
NOV.:
-
163%
Mar
32%
Dec
8
>
59% May
93%
Oct.
67
84%
Jan
1
Feb
10% Feb
Sep
-
Feb
140
Oct
,
155
16
34
>
Jan
20
il63%
■•■v
11
10% May
20%
171
200
May'
17% May
;
-
,
12%
;
/v''
9
>•'
57
's *
;
46
38
Dec
35%
Oct
-
I
19%
Dec ;
•».
Dec
Dec
111 >
43
<
Jan
-
.6
14
39»/a
12% Feb
,
,
?
Jan
i
25%
/
Feb
38Mr
Feb
Ill
Aug
120% July
?
130
•
27
-
8/
32% Jan
Jun
Feb
6
f*90
Feb
11
'102
Feb
*111% Feb
Feb
Aug
*127
: 114% Feb
109% Mar
28
51% May
21% May
•1243/4 Apr
20
11
140% Apr
14
*25% Feb
5
-101% Feb
13
109%
Jan
Deo
36%
Pub
7
10
Feb
Oct
Public
;
Dec
24%
$4.75
Z
29%
Pub
2
53
Jin
■
/
20
5
-
-
34 %
*8%
17 V
preferred
cum
Service
Co
of
preferred
preferred*-
8%';
8 3/4
,/•;
;•
100
».
86
£6%
27
27
27'A
92%
93
-i„No par
22 >
.107% Mar 24
Pure Oil
♦146
22%
157
;
43
90
A.
100
27%
5,100
95.
*84 /
45
:
700
:,
200
86%
>44%
46
*88 1
90
1
Va
69 %
69%
*11%
123/4
13
14%
33%
33%
33%
33%
1003/4
100 3A
69%
bj
12%
34%
34%
•'
l60
,
100
>105
110
13 Va
♦105
70%
100
110
123/4
13%
12%
*84%
85%
*84%
31%
/
31%
31%
'
17 y»
17%
*154
17%
160
164
?
35>A
15,500
500
:
500
12%
;
13%
17%
17%
/
*84%
18 y8
1,800; /
85
31%
31%
Y
580
HO
12%
85
31%
;
100%
*105
18%
3,900
18%
•154
160
*154
160
*154
164
V "162
162
; 163
4,700
;
' 163
V
50
;
160
,*162
/
16
*150
1
36
155
91%
93
*77%
8%
92%
77%
/
*9%
10
653A
70 '
39 z-'
39%
37
15%,
143A
13%
13%
13 Va
9%
9%
*14%,,
*31
24
157
;
43%
>9%
r
23
*151
23%
157
V *0%
158
32
♦151
41%
9%
9%
69
39
15
15
13%
13%
9%
"
13% ' 13%
9%
,
*31
.
9%
9%
;
23%
*31
32:,
90%
90%
*36%.
36%
66% V67 %
,
;
32
9%
67'A
69
38%
38%
*90
>
*15
,
68
15%
13%
90 »/2
.
91
373/8
37
.
93/4
'
23%
97
,;-
109%
23%
'23%
,
;
96%
;
; 23% >23%
97
96% "
/
.
125
140%
;;
'
109 3A
108% .108%
124
123
123
140
'
24
„i *110'A 111%
313/4
67'/a
..Nopar
100
No par
24
24%
32
90%
37%
140%
139%
140 Va
?
23 Va
25
May
4
Quaker Btatd Oil lleflnlng Corp—la
24%
7,600
*31%
31%
100
67%
4,500
6,800
23%
95
96
:
97
96 V*
/
Y'23%
•
24
90%
37%
38%
23%
14,800
95%
96%
109
1,060
139%
139%
107%
,
108%
;
122%
; 122%
138%
139 %
109
.
24
*23
223/,
24
*23
23
111%
110%
110%
*110%
29%
29%
29%
29%
29%
*23
48
48%
Z 47%
48%
47%
111%
29%
111%
29%
29%
4,200
48%
49%
8,200
■,29%
48
.
48
z/34%
109
283A
29
24%'
24%
24%
107%
25
;
34%
34%
33%
107%
283A
24%
/;
49%
X33%
,
107%
28%
//•
?
107%
♦107%
28%
273A
29%
*24%
24%
34%.
108
50
35%:
43,100
107%
1
*28
410
,
•
343A;1
,'34%
34%
*107%
880
450
>110%
24
*110%
29%
in%.
109%
139%
24
"
*23
190
122%
138 %
123
] '1
3,900
23%'
■••'
90%
122
109
;
;
•
122%
.
'
108%
29
:
/ 6,000
9%
38
*110%
34% / 34%
29
900
13%
90%
1)7%
48 :
; *io7'A
15
13%
67%
24'A
29%
473/4
•
4,700
67%
*31%
67%
23%
/■c
*'
109%
>
>
140%
: *23
97
123%
109%
/ *124%
16,100
9%
32
■m
'
23%
97
.
1,000
70
38%
14%
,"'v
13%
9%
/
67
24%/
37'A
90%
3638
;
3,800
9%
38%
23%
67 3/i
24'A
f
,
3,100
42%
9%
>■
r.
■
32
:
67'%
24%
23%
t
,
158
42
'
66%
23%
:?■
25%
'
66%
'
180
•
•*'
15 Va
x40%
10
6?
39%
15
13%'
>151
1,830
80
25
;
20
91
79"
243/4
177
90
'
78%
23%
41%
39
703A
:
*155 /
91
f
9%
69';
•39%
15
'/
156
5,400
3,700
13,000 >
16
78%
24%
>1
36%
9 >
8%
15%
90
.:
158
40%
♦9%,
:
23%
*154
43%
41%
/■?'
>
■/
8%
i
16
154,
78
36
36%
8%
;
90
Va
15%
*151
78
/
36
16
157/a
\
'>
36%
8%
8%
8 3A
;
>
36%
16
42 %
677/a
37
Nopar
preferred
86%
27
90
.
4
31%
*161
:
66%
.
'
*29%
common
86%
*92%
86%
45
>88
'
(The)
conv
'/■'
:
78
*151
9%
Furltv Bakeries Corp
5%
45%
*11%
85%
91%
22%
;
43 %
5,.
1
13 Ya
155
89%
Jan
.,
*84
86%
x68%
„
31%
83A
".'♦77%
22%"
com—No par
$5
$1.40 dividend preferred
Pullman Inc
35% Apr
100
^
87%
140
13,800
11,100
17%;
34%
*88
^
'
;
17%
33%
*84
993/4
110
*84%
„
16
15%
77%
*i5i
■
100
preferred—
Serv Ei ft Gas Co
Preferred
99%
35%
90%
Nopar
preferred!
173/b
33'/«
!
"
♦105
17
280
300
106%
17 Ve
95
34%
160
90
:
—Nopar
20
106
32%
'
5
Colorado
106
17%
*45%
V
*
12%
162
,
77%,
v
1
com
105%
32%
26%
-
47
"90
*33%
85%
35
16
15%
1
No par
10
99%
87%
*11%
13%
162
>145
100
B
109%
♦97%
4
//,
*9%
Electric
247/a
*109%
983/4
*92
o»%
31%
♦154
500
*24%
109 %
17%
89
.0.'-%
,
6,700
32%
v
.86%
99 3A
13%
35
31
Feb
105%
27%
*88
25
;
180;
22%
983/4
'
9p%
470
,
104
22%
109%
109%
105%
103
22%
*24%
25%
53%
103
22%
"
11
*25
V
*102
223A
*
161
*2I%Feb 25
Feb
54
102
98%
95
,*45%
110
'31%
17%:
' 160
*154
; 161
Serv Corp of N J com__No par
S5
6%
1%
8%
29
Apr
•'
13,800 ;
17%"'
34%
♦84 %•
31%
17%
"
•
20
A 30
13%
No par
Publlcker Industries Inc
26
Apr
111% Jan
54%
.
33
12%
99%
85% :
31%
4%% conv preferred series A__50
Procter ft Gamble
—_No par
* 7
Z 24
5,400 4
53%
54%
28%
*84
;
bJ
♦105
*84%
Co_
21
5
f
99%
110
,
"
No par
com
Apr
Apr
34%
*13%
10
Power
Apr
61%
106%
Potomac
98
'
,
*11%
1
Pressed Steel Car Co Inc
4-
•111
1;
40% Mar 17
*
Apr
> 23% May
6
Zr/t',;
-
383A May
12%
34%
*105
preferred—No par
Poor ft Co claw
9
9
f
86%
90
66 %
.,
99%
100
1
2
94
59%
53%
♦53
*109
.
„
*92
46%
*88 1
69%
*
No par
1
*84
'•45%
.
12%
5
Apr; 19
s
58%
53
54
22%
1053/4
26%
,
59
53%
25
*87%
89
100
102
109%
•
567/a
16%
28
52%
223A
99
14
♦16%
16%
*27
54
103
105 3A
95
*33%
—No par
:
com
Plymouth Oil Co_
Jan
28
,
15
22%'Apr ' 2
110%
25
common
Pond Creek Pocahontas
71% Jan
:
57
553/4
16%
'
683/4
3
9
47
-No par
5
4
11V* Jan
> 34
Mar 11
81
>20
?
146% July
«
300
24%
271/4
27»A
90
Plough Inc.
13% Mar 24 /
16
Feb
,18
102%
:
27
30% Apr
62% Feb
Nov
V 32% Jan
>
28
8 Va Feb
2
May'
6,500 j
16%
53'A
109
1053/4
*92,
86%
*45%
*87
100
Pittsburgh Young ft Ash pfd
Pittston Co (The)
8
15% Jan
13
12% Jan
*
Feb
71%
,
•
Dec
127
Feb
Jan
33
Nov
16
;
preferred-
preferred class B
100
5% preferred class A
100 '
5%% 1st ser conv prior pfd__ 100
Pittsburgh ft West Virginia
100
Apr 23
> 29% Feb
14%
16%
*98%
99
;
7
Apr
10% Apr
70% May
Oct
15 %
Dec
102%
-
22
-
*•'
cumulative
v
8
25% May
i.; 9 % Apr 16
May
/ 90
j |
28% Jan
Oct ; y
30% May /
19% Dec ,
;»1
150
Jan
15% May *
85% Defe
1*
9
14%
May
33%
:
13
38%
19% May
11% May
»i
Feb
24%
109'A
*84
7%
Mayy',4
Jan
14%
16%
14%
223%
109 '/4
16%
16%
101
243/x
*87y2
! *;
7,900 ;
63,400 ' i
14
'•
109%
;
J
600
20 %
*16
102
89
400
97%
18
14%
101
27%
37
*95
19%
16'A
103
22%
1053/4
*35%
96%
17
100%
58
105%
37
*93%
100%
537/8
*97%
*35%
153/4
28%
573'4
52%
99
36
100 %
14 %
533/8
227/s
,
;
♦27%
53
22%
160
93%
16%
'
♦24 »/a
?
1,100
100%
53 >/4
95
;
/f
7,800
28,300
17
28%
58
'27%
us
100%
53
*91
■■
\ 45%
114% H4V«
*27
51%
*87%
;
-115
H
■
*100
57
•
19%
14%
17%
;
/
17 y«
52%
*109
19
45
19 %
-
29'/a
32 %
Pittsburgh Forgings Co
6
Jan
15
57%
;
19
19%
' 45%
10%
;
115 1
200 n-
36
52%
103
19
18%
43%
■'
"■•'
93%
13%
;
51%; 52%
'
19%
16i/8
•'
16%
17%
Pittsburgh Screw ft Bolt
Pittsburgh Steel Co com
145
Jan
Apr
21
y.
Dec
y
14 Va
*16%
r
33 »/8
2
93
-
;57%
14
16%
1
111%
100 7/a
*27%
*100
17%
30
80
9
Sep
10
>■'
'
14 y8
'
*110%
47
•114%
94'
ie%
V
28 %
100%
32 %
convertible
>]
IWl.
34%
1113/4
19%
*45%
13
17%
Pitts Ft Wayne ft Chic Ry com—100
7 %
gtd preferred
—
100
■
i '<!
14
17%
*27%
*100
*16%
34%
183/4
:
36
12
32%
Jan
May
17
28%
*105%
Pittsburgh Plate Glass Co__
10
17%
100%
*973/4
9
156
*35%
93%
17%
85
5
39% Jan
12
100
Pitts Consolidation Coal Co
7
.
94
11%
22%
common
Pitts Coke ft Chem Co
Apr 14
Jan
35 %
94
—„—100
Pillsbury Mills Inc
4
84 preferred
1
the Week •>.
'
34
v
35%
*27%:
*110%
•
'115
32%
30
1
May 7
S per share'
18%
19%
h
4'5'/2;. 45% v
115
n y#
*24 %
16 y8 Apr
«
13
27
73% Feb 28
71% Mar
Jan
18% May
:
26
Feb
4'
Nov
140
Apr
Jan
157
•
Feb
15
•:
42%
10%
V
11
145
90
32% Apr
116 '/a
93%
♦100
1
Pitts C C ft St Louis RR
-
*115
Z"1'
■
111%
19%
19%
*
1
5%
5
103% Jan
1
19'%
46%'
*33 ya
♦110%
1113/4
19
19 V4
18%
No par
Phillips Petroleum.
Phoenix Hosiery
34% Jan
98% Apr
Oct
88
V 14% May
*110%
3
5
71% Apr'29
21
10
Feb
Dec
May
90
30% Feb 25
38% July
108
Feb'
10
Feb
12
Feb
18
?"
2
Friday
t per share
34%
1
46% Apr 23
4
19 y8
11%
17%
3%% preferred series A
loo
Philip Morris ft Co Ltd common—5
4%
preferred
:
100
3.60 series preferred—
100
Phillips Jones Corp com
-No par
6
-
•33%
34
Phlla ft Reading Coal ft Iron
13
May
87% Jan
22
54% Jan
Jan
'/8
'
111%
93%
25
50
—
♦110%
34
1
No per
preferred
4.3% preferred
Corn
Thursday
May 6
t per share
S per share
■
*45%
-No par
100
Electric Co common
34
Philco
28% Jan 10
> 93
26
36
63% July
30%
Jan
87% Jan
July
50% Mar
6
83% Mar 17
,
Dec
81
Jan
preferred
81 preference common
4.4%' preferred
3.8%
•
17% Apr 19
34% May 7
8
25
'■
Apr
106% Apr
19
Nov
88
H
X99
14
16"%
Jan
85
Apr
35%
10% May
21
xll0% Apr
Jan
105
ts
.
Fhila
23% Jan
25 % Jan
91
109% Aug
May
26
104
120% Aug
Dec
95
95% Mar
109% Aug
27% Jan
;
;
PRICES
Wednesday
May 5
Tuesday
•
fi
.
SALE
HIGH
May 4
18%
100
5
Pfizer (Chas) ft Co Inc
Phelps-Dodge Corp
Philadelphia Co %% preferred
8
*
♦32 V4
111%
18%,
No par
M
34
19/19
—Jte p*e
4 % r/o
100% Apr 27
11
47
Jan
Mar
59
»
9% Feb
Oct
Apr
Dec
49%
-
Dec t
18
May
36%
6
Apr 22
!•
J1
AND
May 8
I per share
.
*45%
46%
*115
£ie%
*35%
37
*
14% Feb
12
Jun
5
Apr. 22
"
15% Mar 19
34% July
34
3
30% Jan
17
10 % Feb
'
May
6
24% Jan
21
86% Feb
*
•110%
May
20% May
120
19
Feb
•
23
Feb
♦32%
94
48'
21
1
pax
45% Jan
19% Apr 15
20% Apr 23
103
Par
'
Corp com—No
preferred
;
:
100
Penn Power 3c Light Co
_Nopar
Pennsylvania RR
;
50
Pennsylvania Salt Mfg Co com—10
3%% conv series A pld
—100
Peoples Drug Stores Inc^
__—.—5
Peoples Q L ft Coke (Chic)_
.100
Peoria 3c Eastern Ry CO—.—:
100
Pepsi-Cola Co
—«—
33 %e
»
Monday "
May 1
$ per share
(2045);
RECORD
Saturday
>
5%
;.
20
Feb
Feb
22
May
14
27
■
,
Sep
118%
Jan
18% Feb
'
Nov
Dec
112
STOCK
'»
Penn Glass Band
7
41
Feb
51%
May
34% May
16% Feb
Jan
15% Deo
38
STOCK
CHRONICLE
LOW
/ exchange
$ per share
;
.
,
YORK
FINANCIAL
STOCKS
Range for Previous
"
&
'
4'
107%
400
20%
29%
2,200
24%
600
Q
#0
24Y« Dec
Mar
Range for Previous'
Year 1047 ;>
Lowest
;/
I per share
tper share
STOCKS
NEW YORK
/Range since Jan.
/
Highest
'
Saturday
kit
/
A
Monday
May 1
I per share
$ per share
Tuesday
May 3
I per ehare
Par
*24%
AND HIGH
LOW
/
STOCK
////EXCHANGE
Lowest;"
/.Highest
t per share
'
/;/
May 4
♦24%
Thursday
May 6
Wefweaday;
.
May 6
//,
I per share
<
24%
SALE PRICES
Friday
May 7
I per share
> per Share
y
Sale* far
the Week
I per share
Sharee
R
7% May
Dec
80%
Feb
63%
8>A
Dec
153/4
Jan/
94%
Dec
7% Feb 27
Mar 31
91
103A
68%
A
1% Feb 20
105% Mar
Feb
11% May
11
Radio
Corp of America com—No par
;
63.50 conv 1st preferred—No par
Radlo-Kelth-Orpheum
;
1
7
75% Apr 23
> 9% Mar 31 /
98
Jan
28
Ralston Puriao Co 3%%
4
Feb
28% Mar 11
32% Apr
29
32
Dec
22% Feb
20
30% Jan
5
Feb
31
Jan
28
34% Apr
22% May
6<
16% May
Dec
33
22% July
Ill
163/4 Feb 20
; 48% July
36% Feb
24
/■• 39
Nov
31
Feb
16
10% Feb
24
Jan
21
11% Feb
11
> 9% May
July
18% Feb
45
Apr
35% Apr
13% Apr
6
non-cum
♦94
95%
>94
*31%
32
27%
28
>32%
50
1st preferred
2nd preferred
non-cum
4%
•.//.i 9
96
Oct
May
16%
Feb
Dec
14%
Nov
20% May
10% Dec
29%
Feb
10% Apr 23
22% Mar 31
17%
Feb
>10% Feb 27
62
84%
Feb
108% Mar
101
105
Feb
preferred
100
*101
Reeves Bros Inc
50c
Real Silk Hosiery common
14
7%
25
153/4 May- 7
>13 >
j
12%
-
Dec
12%
De c
17
Aug
96
Nov
102
Jan
24%
Jan
33%
9%
Feb
9%
Dec
/
14
Dec
:/.6%
Jun
t.
'
»
90
124
May
36% May
45
May
85
Dec
:19
Jan
16 3A
'
44%
Feb
Dec
Apr
13 3A
:
25%
Feb
Jan
18%
Dec
23 % May
5%
Sep
31
Feb
Apr
23
5
10% Jan
1
2
22
104% Jan
11
5
41% Jan
50
Mar
9
9
7
5
93/4 May
68%
Oct
54% Jan
26%
Feb
14
Jun
55%
Jan
39% Feb
40
24% Jan
*
May
12%, Jan
37%
Dec
For footnotes see
page 241
Preferred
i
Jan
25
19
May
r
Rltter Company
*.
Roan Antelope Copper Mines
Robertshaw-Fulton
Controls
May
21
Beries
Rheem Manufacturing Co
Richfield Oil Corp
19
4
3.60%
4%%
conv
;
30,200
95%
*94%
96
*94%
96
|
32
*31%
32%
*32
32%
500
-
>21%/
>34%
;
14%
*42
36%
r
*34
13%
22%
:
13
109
►103%
14%
15
200 t '
15%
19,800
;•
42%
.
*103%
>,14% ,147/»
li.ioo;
34
21%
22%
43
*12%
13
105
30%
*33
21%
*34
36%
13
30
34
43 '
/
22%
105
13%
30%
*33%
43
43
r
./
30
33%
33%
300
;
36%
300
/
500
j
10
'
13%
109
15%
10,000
11%
64»/2
*22
8
Mar 16
?.
13%
// 97%
13
;• 13%
97
13%
*10%
11%
22 %
22 %
12 ••;„
12%
12'%
12%
1,100 >
65%
♦64
*63%
64%
63%
64%
60
18,400
200
100
preferred
;/
26%
105
s-
93%
93%
••:;,
6%<
>/>?
/'/■
•••
:99
99
: *99
9%
37 '
10
lo
93a
•
27%
3%
26%
*104
94%
/■"'
94 y4
94%
•//
6%
101
100
:
6%
;/ 26%
27%
•
9%
*99%
101
9%
/"
•
9%
93
•
:
9%
: 800
27%
18,600
104%
18%
18%
18%
94 J/4
94%
93%
6%
26%
27
100%
101
•/
3%
27
27%
6%
9%
3%;
49,900
5,800
97/a
3%
•
9%
26%
102
30o
105%
xl8%
19%
6%
'
9%
105%
*94%
9%
L
27%
,
:,/18%
22
Apr 23
37%
36%
37
*46
48%
*91
/: 21
36%
>
"
9
105
24
65
6 J/8
,
6 J/4
267/a
6%
9%
59
Apr
t
23
8% Feb
11
13% May
7
32% Feb
11
46 % May
5
St
Joseph LeatL
*
101 »/2
3,800
•,.
9%
24%
r
>
-.
10,800'!
• 40
•
36%
36 J/4
36%
46%
*46J/a
47%
91%
91%
91%
21%
21%
21%
21%
4,400
24
24%
24
24%
29,800
*91
/
■>
..300
22%
*22 %
200
;
5%
: 5%
5%
5%
5%
5J/2
5%
12,400
:
9%
9%
-9%
9%
9%
9%
9%
17.900
24%
*24%
.24%
23
*22%
24%
24%
25
19%
21
20%
21
*20%
21
21
21
;
24%
23
24%
•
*24
23
-
24%
/
1,500
20
/
61
61%
63%
64 /
64
14%
14%
14%;
14%
14%
58%
57%
56%
11%
57
.11%
!
•<44
>
93a
*22%
"
..
58%
.19
Ry Co com v t c—No par
Preferred eerfefc A 5% vtc
100
19%
21% "
61
St L-San F
/;
i4o/;
1,900 >
9%
'
5Va
19 V2
v
;
20,500
,
22%
,
24%
*14%
•
-
5%
23%
20%
Nopar
;
f
260
27%
►100
9
;
500
46
21%
24
1
Ruberoid Co
(The)
Ruppert (Jacob)
May
r
;
4,600
36%
24
*23%
9%
91
/; 21
24%
5%
46%
91
21%
24%
21%
9%
37
46%
•/.'
24%/."
23%
;
46%
91%
21%
5% *
'36%
37%
*45
*91
91%
24%
Ronson Art Metal Wks Inc
18% Jan
•
'
25%
*24%
26%
*104
19%
21%
25
27%
105
19%
21%
9%
2,900
13%
:
9%
.24%
5%
24%
12%
'3%
1
.
24%
12
9%
No par
No par
Co__1
24
11%
3%
27
48%
*91
24
11%
9%
27
91%;
,♦46
100
9% /•■
26%
24%
3%"
105
,./6%
6%
27
97
9%
19%' 19%
*93% : 94%
'26%
14%
97
14 r
*97
3%
105%
♦105
19%::'
13%
67
11%
12%
37/B >
9%-"
27%:,
26%
.27%-/
105
19%
■6%
:.
9%
13%
97
24
24%
11%
:
98
*24%
24%
13%
98
13%
13%
*97
;Jt 97
'3%
*3%
*9% .10%
1
Royal Typewriter
/ 21% May
';
11%
22%
121/4
12%
:
*10%
22%
*22
12%
64
64
ii%
11%
22%
12%
'
15% Mar
'
5% May
18
Common
8
20
5% Mar
50b
10
Reynolds Spring
Reynolds (R J) Tob class B
6
Dec
♦97
-
30
17%
preferred
'
26
14
13
25
Reynolds Metals Co com
No par
5%% convertible preferred
100
2
Jan
93% Jan
convertible
>'
700
9%
"
50c
Republic Steel Corp com
No par
6% conv prior pfd series A
100
Revere Copper ft Brass com—No par
5V*% preferred
100
Rexall Drug Inc
2.50
19
7% Jan
25% Apr
17
>63%
2
23% Jan
Oct
V
9
20 Va Mar 16
Nov
64
24%
29% Apr
Mar 19
24%
.
*22
,•/
11%" 12%
96
20%
*63%
11%.
17
Sep
42% May
12%
;
24%
23
Dec
19%
22%
>
lP/a
28
19% Feb
18
;
♦12%
100
,
23
22
10% Mar
♦22
12%
'
24%
6% Feb
■
12
23%
♦12
1
15% Jan
V
11%
12
♦11
♦10%
*22
5
1
20% Apr
May 6
87% Feb 18
10
No par
3% % series
Remington-Rand common
64.50 preferred
61
134,200
71%
8%
30%
104
14%
11%
71%
9%
'
35
13%
11
70%
8%
; 29%
•
43%
'
►101
;
14%
Republic Aviation Corp
Republic Pictures common-L
28% Apr
353/a Apr
105
Reo Motor* Inc
105 % Jan
27
35
:,i3%
10% Jan
46
Feb
22V4
7
5
7% Feb
21%
"
7
10
A. 92
33%
13% May
4% Jan
5% Feb 20
Feb
50%
104
2
11
19% Feb
preference
Conv pfd
Apr A 8
Jan
82% Feb
Jan
prior
29%
11
70%
v.;
Reliable Stores Corp
Reliance Mfg Co common
4
15% Feb
Feb
39
dlv
Co—
ft
28%
33%
*43
10%
8%
32
/-
35%
10%
71
; *94
32
29% Jan
4
103
(Robt)
$1.25
7
14% Jan
11
22% Feb
I
Apr
11%
t
May
9
,,
110
Dec
19 %
■
Feb
27
98
10
8% Feb
5
Apr
64% May
5
3% Mar
>
113% May
243/4 Feb
May
LEI
6% Feb
Jan
13
14
Jan
25
x22% Mar 10
Feb'
30%
4 22% May
101% Dec
15%
14%
Mar 17
X95% Mar
Jan
8%
11-
s
Oct
4% May
3% Dec
;
62% Jan
Reis
-32
223/a
14%
,
8%
95%
; 45
*101
,
7
9
*94
28
35%
10%
70%
10%
V
34-r •'
*13
13%
8%
32
45
14%
10%
71 as- 71 '-V
95%
20%
;
105
14%
v:
>33
35%
,
72
9%
27%
<
45%
»
v
*31
20 a
•441;
r *24
72
33%
19%
50
5o
S
1
'
/ 11
,
8%;
No par
62
27
8%
10%
10
100
preferred
1
Reading Co common
37
10%
>73%
1
pfd
Rayonier Inc common
38%
10
25
Raybestos Manhattan
41
17% May
32% Dec
■;».
t
•72
28% May
":f > IT
■>
Feb
57%'/
11%
11%
12
44
43%
45V4—
//
'■
"45
20%
19%
19%
20
20
2,600
20%
21
20 Va
20%
20%
20%
4,300
64%
64%
64%
64%
64%
65
1,800
*14%
14%
*14%
14%
14%
14%
1,100
57V4
57%
57 J/4
12
57%
12%
45%
46 »/4
5,100
43jfi«0P
12,400
56%
57%
12%
11%
11%
11%
45%
44 Va
46%
44 %
12 >/4
45%
>
•■•
22
YORK
NEW
Highest
share
67
Jan
60% Dec
58
Oct
8
Deo
57
Dec
•
Dec
68%
9
Jun
12
80
Dec
x20
Dec
98% July
26% July
'
40%
90
Nov
18%
11 % May
39% May
17%
Oct
11
20% Apr
11%
20% May
57V4 May
'
31% Feb,
5% Mar 17
26% Feb 11
30
Feb 11
26% May
17% Feb 11
Feb,25
Mac
12
Feb
9
9% Feb
6% Feb
Apr 23
7'/* Jan
5
6% Apr 24
4
Apr
27% May
41
Jan
27% Feb
14
34
Jan
5
39
.
51
Feb
35% Mar 13
44
Jan
8
14
Apr
May
65
'
Mar
15
May
23% May
11
92 % Feb
18
Feb
18% Dec
117% Dec
23 i Oct
,
Feb
10
11
15
87%
Dec
23 %
Dec
13%
;
Mar,
3% May
Apti 28
29% Apr 20
87
;
19% Feb
24% Jan
■X:
8
19% May 4
4% Apr 16
YY3% Jan 24
6%Mar
4
Feb-17
7% Apr 26
■
45
Jan
9
16% Jan
8
Jan
36% Mar 17
42% Jan
Mar 17
42% Jan
15
15
29% Jan
9
24% Jan
5
56
42% Dec
34% Jan
37
25% Mar 16
'
20 Vs Feb 27
,28% Feb
July
Apr
43% Feb
50% Jan
77
>
81
Nov
33% Feb
May
4% May
6
May,,
Southern Railway
69
5ft
Apr 30
Jan
2
29
,7% Mar 16
81 y« Mar 17
.15% Feb 16
11% Apr 27
Feb
45 Va- Jan
98% Mar
Feb
81
17% May
May
89
125
Dec
May
50% Mar ,•
63
Mar
Dec
10% May
41% Jun
49
37
34
.
Dec
-109% Feb
69% Feb
24% Feb
27
91
Jan
11
2,100
4: 10,900
16%
16%
55 V»
59 Va
*6Va
'7
X38%
39
39
39 V4
28.400
10%
10 Va
10%
10*%
10%
2,400
7%
7%
11 v.
:4
39%
'
6
.
95%; '96/4
7%
4 37%
38%
:
*37%
37%
422%
4
22
22%
22%
.146 '/•;/; f,144,%;:' 146 ";4
>146
*21 ;4 : 21%
*20%
21%
;
29%
29%
29% :>/ 4 29%
♦33
33%
33%
33%
,
,
97
33 %
35%
36%
25 Va
26 %
v
/
21%
22%
19%
•22
•
7%
*42
4
4 '4%
4%
7%
'■
29 Vs"
33%
*20%
/
19% ;
J4%
;
"7%
.
144%
22%
/
;
33 %
7
22Vb
4V< *
,
7
4 '
14%"* 15 ' ' ;■ * 14%
14% /;15 4444 ■fi 14%; 14%
40 Va
40 V4
40%
40% ,
40%
: /■: .39% .40% V v
*37 ;•/; 38% /
38 Va 444;*37 /4/38V34/// *37 /;
*37
26
26
'
: ;'4-25% ..26%' ;
; 25 %
y. 25% 2623%
23%
23%
24% 4;44'"23% ■ 23Va/4 k X: 23 %
54
53%
53% ) 55'Vi 04/ '54%;: .55 %;44 4,;4 53%
/
42
'
88 Va
7%
15%
40%
40 4
'
'
-
38%
26 v/4
40 %4
43
,
/
45%
45 %
45%
39%
:
26% ' 26%
23%
23%
53%
45% •:
67%
67%
4
4
6,300
:
I1;
2,900
4.:/,4'100
if
"44 4,700 >
4,700. ;
426,100 4
45%; 4
11,500 4
24
444; 24
,
*
67 Va
54%
-
68 4.
67%
,•
■•vAi
55 Vs
45 VB
,
45 %
*66%
4
4/4,26 Vic 26%
55 VB;
144
4,700
4/100 ;
'4
800
'
71%
0
*70
<70%t'71%4
17% i;' 17%
»4%"
5
^
f
■
1.10O
38 Va
*70
71%
71%
*7!
71 Va
4-:
7
'
/m
1,700
-
;4>>4v ■ s!o.;
4, 4:4/600 4
y 108,500
4 4,600 i
,
40
44 4-4 38%
*37..; 38%
23% '
55 VB '•'
44 V»'
-
68% :4;4/#.8%4;68Va4.:
68%
*70%:
X
:
44*4
•/
445^4,4:
44%
44
15%
15%
,
♦68
300
22 Va
*40*// I
15 Vb
"
100
,
4,300
88 Va
22%
*/'
4%
43 ;,:4
'/4
,
15%
,
common—Nopar
103,100
■
42 XX ■,
.
600
4
:
19%
19%
>444;/ 4% ,4; 4 %
74.4/ 7 Va
19 Vi: 19%
4/v41.4:
7'/4
,.43%
'
14
83%
22 Vb
,
7
' 444;"
4
21,Va
28%": 29!?/
33 Va
.33%
28%
23%
x333/8
■:=4*87
6
\
21%
'
!
33%
4 88%
6,700
2,500
1,900
•,
21
20%'
.
'
,
Vx':\ 30% : 31%
44, 4 38% 38%
:;4-'4; 22%. 23%
";:44 146% 150
22^3
4/4144
600
14,400
44 4' 6
76
5%
'
4:: / ' *42
/4 4;./4' 6
21%
'
7V»
44
:
6
38%
29
,/■"= 33% '*"?
'
*42
40
31
'
45.44V;/
39%
£%
44/ '■ 19% 419%
4%
444 4%
;
1978
4V«
"
4%
4
38 %
21%
29
.
12%
40%
31
4:4144% 145%
4
12%
22%
22 %
;
2,200
/
5%
.
:
5,700
.-4,400
'400- ;■
..* 13
13
.
,
12 %
/
'38
',"4: 37%
^
21%
29 V«
33%
,19%; -19%
19%
4% •'4
"
146
*21,
38 V4
4 *87
if';88 V2
88 Va
4 22%
4,23 44: 44:4*21%/; 22% >4
'
y.i:
•3
'77%
*76%
/;•"
12%
;>/
39%
'
89 Va
89%
89%
12%.
120
4,000
/
/4", 26
77
77
*12
'
;
36% 436%
: -26%
:
8,500.
..
,
;/;.:",33%: 433%
*
GOO
7'/4
11
97
,
22%
221/4 :
145
<
*88
•
7V4
10%-
96
33 «4
"
,
*38
4C0
■
7%
10%
96
r
3j'->
'
6
31%
.
10 Va
96
•
r.
*12
.
2,900
6%
...
..
24.300
57 V4
16 ■
59%
■
*77%
20%
56 Va
*6%
*
*12
19%
56%
16
.
26%
60
20
57%
10%
4'*95-
7Va
32%,
87
19
56%
<:4
!
...
'
IP/*
.
,
2.100
5
*4%
.
7 4//4
x
' 17% ; 18%
4 4 4%
5
/#:■: 4% ;./ 4% 4
*7 / 4 IV*
4f 7 % ;4:',:-4*7.,:4., 7% 4 4
,
18V4
,
7
*7
r.
18% ;/,:
18%t=
*16:
4
1,200
,
-
,
*
*
<
"
■
-
Jl°%
,
.
,
'
,
.
'
,
,
.
t
,
.
'
■■
r
.
■
38
Feb
-
'
.
97
16
.
,
May
41
Jan„
.
.
37
11% Mar
Jan
32% Mar 12
39
88
Feb 10
95
27
Mar
33% Apr 23
14% Jan
2
/
6
19% Feb
12% Feb
24%
13 V* Feb
27
Oct
9
Mar
17
21% Jan
17
Feb
-
Jan
Apr
,
„
,
,
.
,
'
,18
Jan
20
Jan
■■
.
.
'
'
2
8
3
.
*
<l4%Apr
11
Oct
,
'
'
Oct
36%
.
llv.
-
2
42
Jan
104% Mar
..
.
Apr 15
15% Jan
-
.
,
,
•
•
.
31% Apr 30
11
Feb
.
-
11% Feb 10
Feb
.
'
.
>
17
Feb
13% May
14% May,
.
33
*86
/,4
;';.'*
•
70% May 7
47% Apr 23
82% "Apr 23
'
Y 36% Feb 13
30% Nov
10% May
16
May
*32%
.
'
•
2
49
19%-Jun
33%
•
4
"
97% Feb 27
64% Jan 27
47
■
33
87
Va
■
5
18
Dec
88
9
25% Jan 31
98% Feb
2
*
Feb 11
86
17% Feb
May
May
12
.
88 Mi May
19% Feb 27
,
Feb
105
94
*
11
Feb
82
July
31% Aug
23% Jan
Jan 29
28 Vs Jan
*86
•
32%
444/32%
34
' 4/ 35 V2 ■•36/4
35% 4';', .4 35% 436%
33%
:
26%
26
//:■■' 25%
25%
26%
://426%
26%
78
>77 4 78 44'"■x'*n
78
■; 78
78
12%: 12% 4
12% ;.12%
13%
12%
/ V 13
>
,4 12
12'/4
12
12%
/ *12
v! 12% 12 V«
; 39
39%
■
40%
40% t'/pxW:
39%
/
40%/;
6
Z64i'4/ U-r 6
.5%"
6
4 v' :4; 5% { 6
*
',6 :"'v
/
5%
6
5%
6
"44 "v •" 5% /". 6
32
32 •;>. 4:;4431%- 32 •
4y 31% ,31%
4 31%
33
14
"
80
,,
104
9
'
63
July
44%. July
37% May
May, 4
72
Apr:20
22% Apr 22
29% Jan. 2
.
22% Mar 2
37% Jan
102
Aug
36% Jan
114% Feb
83
73
Apr, 29
23
,
7
Jan
..
;V 4- .v;
4414%
>- 2,000
4% 4-4.4% .4 xyx 4% >4 4%;
..7
*6% ,-;7%
44.1,100;
72/
*70%
72
*70%
72
*70% 472"444 ,
*70Va '"4721//4
*70%
*70Va
72 4 "
28 v'.
*27
27 4""
27%. ,; 27% 444:27 /' 427 x0
♦26% ,2744c
26 n
/, 27%
28' '4
4 44 1,600
28 Vs
26
4 28%
28 Va : 44- 28 Va ; 29
28%
2&%' ;;v:
28%
28%
4.4 28%
28% v .; i
\
13,600
:4
10% 410%
;• 10%
u% '?/, 11%
411 Vb ; 4$ 10%
1I3/b 4' ■44:11%' 11%; 44
15,600
11%
V:
*70
70%
I 71%. 71% %A 71% 471%
70%
; z 450.
71%
72 v'/44
70%4*
000 70% <71
21
21% : 21%;/;
4; 21%
21%
20 %
4 5,400
20Va
21%
20% 4
21
m 20%
21 Va
23
22
22 vi
*22%
22%
22%
22%
22%
22% .
22.
22%"
22%
3,400
103"' 103
70
♦103
104
102%" 102%
*102% 103%
102
102 Vs
.M03. 103"
•t: 26 V 26% " ■ : 25% , 26%
Standard Brands Inc com—No par
27 Vb
26%' 26Va
26%
26%
27%
26Vs
27
/
8,900
>
88
88
*88
;91
:
'87
*88
91. >
*87
$3.50 cum preferred!-——No par
68%
49144"'
90Vb V
88,%
1,500
s;4
Standard 0 Si E Co $4 pref—No par
22% '
22 Va
22%
22%
23
r
22%
22%
22%'
22%
23%
24% 4
23%
*
16,800
92.
*90 %,
89
DO
92 444
*90%
92
'
$6 prior preferred•SOVa "92
90%
90
No par /
90%
44 4 500
4 500
102
99%: X *100
4 ' 101 4.101
$7 prior preferred
99%
103
103 4;4,/4
4 100% lOOVa
No par
•
4
4 100% 100%
Standard Oil of /California'!-No par
66% '68 44
68 Va
4
69 ;
66%
69%
69%
4.
69%
70% :
4 20,800
07Va : 68%
66%;
46% 1 .47
X46
Standard Oil of Indiana—-*,**-25
*' 46 >/4
46%
46%
>
46%
46%
46%
46%
18,900
,,
46% 47
Standard Oil of New Jersey
4: 78%
79
78%
78 4
25 .:
78%
79 Vb ' :
27,30)
79%. :• 478%
-78%
79 Va
79%*
Standard OU of Ohio common—10
/• 31 z? 31%
4 30%
•30
30%
30% :4; 4 4 29% 430% 4'4
31
'
29%
44
17,900
31. v.
3% ft preferred series A
♦95
96 Va
*95 Vb
—100
96%'
*96
*95%
*93%' 96%
*96
96% 4
96%
96%
Standard Steel Spring common—11
z
13 %
4: 13%
xl3
13 Vb
13
13
13% 413%
13%
3,500
13%
'13%
13%
■; 42
4ft convertible preferred-—50 /
*41
*42 Vb
*42 Va
/ *42%
: 4100
43%
43%
"
43 Va
/:,;/'/■ ,4 42
42
v 4;4:*42:;44 43%Z/
Starrett Cp (The) L S——-No par !
•.
*38
• ; 39%
4; *38.
40
' \
38%
*38
39 Va
4:
100
38%
39%
*38%
./ *38
39Va
Sterchi Bros Stores Inc
*13 Va
s
*13%
13%
13 Va
1X,
13%
300
13%
*13% *13%
;
13%
13%
4/13%: 13%
Sterling Drug Inc common
5.
34% -34%: 4 4
35
35 Va
35%
;
35%
4 35%
34V4
35% r
35%
35%
,4,900
34%
*93
*93
3% ft preferred-—100
94%
*93; -. 94% /
94%
*93
94 Va
*93
94 Va 4/44;
94%"
*93 /
Stevens (J P ) Si Co Inc
33 :\f 33
32 Va
15
:;4
32% ; 33
33
32%
33% 4 44 32%- 33
4,400
; *32%
33
4':;
StewaR»Warner Corp
13%' 13%
13%
13 V2
13 Va
5
13%
13% ; :
13%
13%13%
13%
13%
.2,400
Stokley-Van Camp Inc common
/
14%; 14%-i
14%
14%
15
'
1
14%
15
'
4 14%
14%
14%
3,000
15
■
'■&. 14%
5ft prior preferred*18 /
18%
18 Va
18%
18 Va
18%
18%
4
800
20
18%
18%:
■4 *18V4
19
18%
5
29% Jan
20% Feb 20
96
4
*7»/4
,
10%
10%
*95
7/
•
38%
10%'
.10%
7%
*7%
7%
10%
96
18%f
23% Mar 18
23% Dec,
7%
*10 Va
14%
'
.
'
10%
39 Vb
10%
14%
800
20
*,
'
93 Vb
6%
39V4
6 Va
6Va
38%
,
'
*.92 V2;
57%
'
.
*92%
93%
100
7,200
17,300
493%4
93%
*92 '/a
57 V*
16
46%
*92%
19 Va
56
56 "
9.100
4
29%
46%
-
'
86
:4"4,19%
20Va
to
1
r
11'/a
28%
46%
;••/
19%.
109%
Xll%
29%;
'•
4200
36,200
88%
19 *
109%
11%
29%
•46
14%
86
87
,
'
6'/a
107«
*17%
71
Jan
'
38%
10%
Spalding (A G) Si Bros Inc—1
Sparks Withington——_No par
Spear Sc Co, common———.,——-1
$5.50 preferred
No par
Spencer Kellogg 4c SonS———1
Sperry Corp (The)————
_1
Spiegel Inc common--*———2
Cpnv $4.50 preferred—No par
Square D Co—-JL———*
—5
Squibb (E R) Si Sons common
1
; : $4 preferred—_L——
No par
24% Oct
17%. Feb
90% Feb
112%
37%
10%
18% Apr: 9
5% Apr. 23
7% Apr- 26
31% July
Nov
38%
Feb 20
.'
'
■
55Vi
6%
Mar 10
93%
99
*6%
*95
Y
14%
14 Va
53%
*70%
Sep
18%
16
6%
Mobile St Ohio stock tr ctfs—100
5% Mac 16
4'.
11%
;
260,
'
11
*87 Va
19%
109%
Shares
.
95
10%
37
19%
.
i?'/16 ,/ /•4/:*15% 4 16 v« ■■ >:4; 16
53%
54 '
54 Va
'
54%,
16%
10%
,
,
4 19%
20%
55 V2
18
55
6
Jan
•
non-cum
*86
87
:
54%
Z.
73
Deo
Nov
♦86
18
54%
Mar 23
23%
13% May
-14%
14%
68%
71%
.
73
<27
;
4
'
;
14%
15
14%, Jan
16% May
8
May
68% Dec.
':*92Va
38
No oar
preferred-
/
70
Feb
Aug
20% Feb
7% Feb
15
Southern Pacific Co
46% Apr 30
11
11
58% Feb 20
/
55% Apr 19
93 Va;
•
'
50% Dec
28
May
57% May
,
5
14% Feb "11
•
Apr 19
22% Jan
14% May
68
90
13
12Vs Mar 11
40% Nov
27
Dec
34%
Jan
39
37% May
.
12
35% Jan
'
54% Apr
Nov
22
7
23-
Apr 13
30% Mar 17
8% Jan
6% Oct
42
May
150
28
39% Oct
102% Jun
♦35% Jan
17%* Dec
5%; Feb
29% May
7
«92%
93%
*92 Vi
*6%
(Frank G)———No par
Sheaffer fvjv A) Fen Co——————1
Shell Union OIL——
15
Sheraton Corp of America—.—-1
Silver King Coalition Mines——5
Simmons Co——————No par
Slroonds Saw <fc Steel——No par
Sinclair Oil Corp————No par
Skelly Oil Co——:—--15
Sloss-Sheffleld Steel Si Iron
20
Smith (A O) Corp (new) ——10
Smith (A) & Sons Carpet Co com—20
3% ft cumulative preferred—100
Smith Si Corona Typewriter—No par
Socony Vacuum Oil Co Inc———15
South Amer Gold Sc Platinum
1,
South Carolina E Si G Co com—7.50
5ft preferred
——50
■Southeastern Greyhound Lines—5 !
South Porto Rico Sugar com—Nopar
8 ft
preferred —:
,—.—.25
Southern California Edison——25
Southern Natural Gas Co———7.50
42
29%
;44'*45%
♦92%
54
Shattuck
,
28% Feb 11
5% Mar 17
4% Feb
5
30
46
127
92
-
•109%
;i09% 109 Va
11 Va
'11%' ' 4- 11'%
28%
29%
30 .4
4G --' 46
46 Va
*v
92 %r 03 4/
93Va
:.*92Va
93%
93Vb
11% :-4",/ 11 Va
11%
45 Va
It
87
87
-
19% * 19%
19%
*109% 109%
28
•
*86%
-,
4',,,r 19«/a"
,
126'.
.
92
10%
11%
xll
.
/4, 66% '86Va
,
93%
•16
Corp——No par
Sharpe Se Pohme common—-No par
$3.50 conv pref series A—No par
Apr 21
15% Jan
2
13
Jan
8
:
11%
93%
14%
17%
Sharon Steel
4
78
68
<12% Mar 16
35% Dec
24% May
6% May
34% Apr 17
30% Mas' 7
'
109%
46
.
•54
Shamrock Oil & Gas.—1
'
109%
♦14%
86 V. 86
r—No par
—
19%
11%
♦92%
1
$4.50 preferred
86 Vi
19%
92
4i':*92'4: 95 -''4
92
11%
li7
J 125
Sales for
the Week
4 M*y 7
vl per share
.
* per share
126/
*122
125
♦92%
5
1
Servel Inc common
11'/.
86%
Friday /
May «
"
92
.
11%
11%
*45
-No par
Seeger Refrigerator Co
elberling Rubber Co—
12% Jan 13
104
Jan 31
Feb"26
94
Feb
22
12 Vs Jan 16
8
Jan
2
9% Mar 16
21%. Feb
Dec
5
29
93
93
86%
28%
'
Thursday
May 5,
$ per snare
'•
per share 1
125
125/130
,
♦109
$
share
19 Vs
109%
11%
28%
11%
19%
;
May 4
$ per
'
95
♦86
—5
Seagrave Corp
—
Sears Roebuck & Co
7% Apr "22
39% Mpy 5
'
HIGH SALE PRICES
Wednesday
Tuesday
May A
*,
J29 <
•90
■
6
6
59 % May
11
Mar 25
5
10% Apr
82
4
5
17 Ve Jan
15% Feb, 10
35% Feb
33% Jan
Dec
Apr ,12
11
19
Feb
'
30% Dec
40% Oct
,
24% May
18
May
70
Deo
87
13% Feb
16% Feb
16% Feb
110
Jan
'
9
Jan
93% Apr ,7
14% Mar 25
44
16% Feb
(
6% Dec
14%
■"
40% July
10% May
101
Dec
95
,
13% Feb *13
81%Feb20
Feb
10%
5% May
30% May
Apr 30
Apr 20
46% May 7
88% Feb -13
19% Nov
43% Dec
Dec
Mar
23
12
33
'
90% Feb , 27
Jan
2
112% Jan 15
5
107/
ItJ. Co—109
5% non-cum preferred-—
St Regis Paper Co common*-.
1st pfd 4.40% Series A_.
Safeway Stores common—.
5% preferred —
Savage Arms Corp—'—
Schenley Distillers Corp.-Scott Paper Co common——No par
$3.4o cum preferred——No par
Seoviil Mfg Co 3.65 ft cum pfd—100
Scran ton kflec Co (The; common—5
3.35ft cumulative preferred-—100
Seaboard Air Line com V t c—No par
5ft preferred series A———100
Seaboard Finance; Co —-—-—1
Seaboard OU Co of Del——No par
St Louis Southwestern
May
21% Jan
8% Feb 10
25% Mar
5
39% MarlO
98% Mar
24% Feb
55
Feb
83% Deo
Jan
108
49% Jan
103% Sep
102% July
Dec
Deo
13 %
*
55% Jan
Deo
92
13
I per share
Par
3
'
May 1
EXCHANGE
7
11% Apr 27
87
May- 6
Feb 18
17% Mar 19
11% Feb
7% May
23 % May
Feb
May
95
>2
79
'
114% Mar
Dec
108
130-
Jan 29
66
AND
Monday
Saturday
.
Monday^ May.410; 1948
RECORD
LOW
NEW YORK STOCK
Range since Jan. 1
Lowest
Highest
S per shape
$ per share
$ per
$ per share
STOCK
STOCKS
Range for Previous
Tear 1947
Lowest
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(2046)
.
,
„
'
11% Jan
16% Mar 16
25% Feb
Stone Si Webster
-14% Jan 16
6
-—No par
13%
14
22 %
22%
4 13%
23% May
4
Studebaker Corp
11% Jan
7
Sun; Chemical Corp common.
—1
$4.50 series A preferred—No par
10%"
*97%
10%
*59%
60%
11% Mar 31
Sun OU Co common——No par
Class A pfd (4 % ft cum)——100
Sunray Oil Corp—————1
Sunshine Biscuits Inc.—-——12.50
Sunshine Mining Co————10c
24% Apr 19
Superheater Co
(The)
1
—:
.
22%
13'/a
,
13%
13%
13%
13%
13%
13 Va
13%
5,300
23%
14 Va
23%
23%
22%
23%
22%
23%
23 Vi
23%
50,500
'
10% May
105
51
114
15% Feb
Apr
75% Mar
Dec
7%
.
125
Oct
34% Mar
1
117% Jan;
Mar
1
13
May
24% Feb
14
Feb
36
May
47
38
/■
.
Apr 23
18% Jan
9
14% Jan
21% Oct
30%
Jun
37% Jan
20%
Dec
27%'Jan
11
14% Apr 21
X30% Feb
43% Jan
Superior Steel Corp
Sutherland
6
,16% Jan 19
25
16% Feb 27
i
Feb
17% Feb' 27
5% May
10% Feb
80% Apr 21
4% Mar 12
28%
Range for Previous
,'/, Year 1947 '
Highest
Lowest
,
t per share
■"
Jan
4
20 V# Aug
fe3% Sep
68% July
10%
7%
24
Jan
46% May
21% Jan
■
15% Jan
41
47% Dec
13%
58%
Dec
12%
Dec
41
Dec
12
May
45% Feb'
Feb
9% May
Dec
60%
Feb
6% Aug
14%
24%
Oct
Jan
10
Sep
38
May
85
Dec
3% May 20
May
May
18
•4 :
Dec
.
/
Mar
85
7% Feb
39%
Feb
25%
Oct
108%
For footnotes
Feb
see
Feb
.
STOCKS
.17
15 Va
33 Vb
17 Vb
21%
Pacific
Land
;
81%
44.6 /; :
-
•
6%
.V
17
eys
V';
16%
1
Saturday
Mayl
.
$
;
10V*
y
share
10%
Trust—
:
•
v
' I8V4
10% .10%
4Va
' 4Va.
♦18.
■
58%
59%
23.V«
24 Vi
60 /
60
16%
40%
*14%
15%
34
4
16%
17
22 Va
44.21%
22
*4
81%
16%
4
81%
4/6,*/
.
':
?
10 VB
'
*4%
=,"f
18
18%
59%
18
'"■:'
59 Vb
;
59 Vi
59 Vi
23 Va.
60 Vi
24%
23
23%
6i
,;• /
60 VB
60%
60
51%
52Vi y.
51%
52%
45%' 46%
=
58%
<58%
16
/ 16%:
-19;
19;/'/:;
44 Vi
45%
!
57 Vi
58
16
17Va
19
20lA
,
52% ;53%
*
Textron
1
Ino
$1.25 co^v
—l
/'
43%
100
:
57%
-50c
: •
13 Va
preferred——-Nopar
4
19%
common—,,—
16%
1,700
44 2,700
4
2,000
400
,
15 Va
!34
34
4,200
16%
6,600
22%
4,500
82 Va
390
6 Vs
4,600
*5%
-
%
May 7
< per
Sales for
x,k
/Friday
the Week
Sharesu
share
10%
;, 10%
/
'
*4%
18 Va
18
1,000
■' 500
'
4Viy
,
Vi1
:
18 Vb
62
63
1,100
23% *25 V4
60 ,/
51
60%
52 Va/
43 Va
45'/a
■'/ 57 Vi
57 Va
;
16%
18/
17%
20 Va
21
21
'61
x51%
43,100
-/
/.'/•
53%
8
10%
9
Thatcher Glass Mfg Co common—5
$2.40 conv preference——Nopar
7
The Pair
.
Jan
8
g
45%
>
.
44
-•
46%
573/i
57%'
15%
19Vi
15%
16
•19 %
20
Thomas Steel Co -(The)
Jan 20
4 V* Jan
28% May
103
May
.
■
-
4ft.
preferred—!-
^!—:
6
-
Thompson-Starrett Co coni!-No
5
r
7
6
1
Thompson (J R)
——15
Thompson Products *com_—No par
'
27 Va Jan
„No par
-1
9%
9%
*38Vi ' 39
.
*13Vi
8%
:
$2Va div conv preferred———50
Third Avenue Transit Corp
Nopar
13% Apr 19
23% Jan' 2.
8
10% Jan
55% Apr 22
92
-—__——
Thermoid Co Common
-
•
;
■
58%
Vi
.
'
-
100
-
/
/
*42 %
*10Va
19
'
*8V4
53
/
9%
9%
/
14
8%
43 Va
43
~y
,
•
10%
19 Vb
8V2
53
*91%' 93
10%
19%
*8%
*
1
45
-
,
23,300/
58
;
58Vi
17%
21
v
.
•2,000
' !
' i
31,000
Y 1,600
/.
9,700
/
.
93
23
,
27%
/
,.=■
V4:.
28
:11)1%■:ao2%
11
11%
11%
39%
39%
39%
13%
13%
13%/
8%
8Vi
BVi
8%
43 Va
43%
*42Vi
43%
10%
10 Va
10%
20%
20 Vb
20 Vi
;
,
*8Vi
53
-
*2% .:,,3'
-
*9l'Va
/
8%
54%.
941
;*qo
.
19%
19%
*8Vi
53 Va
*92%
95
■
20
273i
!. -.-3
•'
r
*92 Vi
1,800
.
95.
.
Vi''
;
Ji
1,800
*1
100
.
/-;■,
2,500
/
'ii<
—•
2%
2%
*2%
■3; ■■'
2%
2%
22Vi
22%
>*21%
23 Vi
*22 Ji
23%
200
28%
27%
28
V
800
23%
.102% :102Vi.*
-
1021a 102%:;,
X27Vb
28
■102%. 103
<;
:
28
1Q2.
-28%",
102
j!
,3,100
.
8%
55
54 Va
'
*2%
'•22
•
150
11%
*8VB
54
140 -Y
200 Y j
f
44
19%
8%
8%
54
.
11%
54 Vi
94
•
8Vi
,
11
(1
s/1
6,000
8%;.
8%
*42%
11%
i !
'
'
;
*13
-19%
8%...
*91 Vi
8 Vb :•*
9%
>39%
-
13 Va;/
42%
*
19%
-*21 Va
38%
x
j!
10%
,
10 Va
53
38%
*13
8%
/
43'-/
52%
39%
•14' /:•■
:.'42%
8%
8%
'
^38%
♦13
9% /'
9%
9% ;
39
14
38%
*13
par
/
3 v
3
$3.50 cum preferred/;
__No par - f 21% - 21%
Tide Water Associated OU com
-lo ■■
27%
28%
$3.75 preferred
^uNopar^1*102 ;/.-102%;
=
(
4,200
.
v;
46%
;
33,100
.-
23 Vi
.
3,700
.3,500
:
•
share
;■••■
-62V8/ '
22%
/
6
*10 Vs, 10%
v:" 4%,/ 4%
10%
4%
2,300
,
40%
16%
$ per share
18'/a
59 Va
62,100
82%
May 6
$ per share
50
:•.
22 V*
,'4
Thursday
May 5.
2,400
/
10 Va
*14%
X
¥
23%.
40
-
1
'■
218
16%
!;■'
:
34
81 Va
6Vb
/,4'4 6%
$ per share
10% =10%
4 Vi 4 4%
18%
16
16%
.
10%
215
40%
34%
4: 22 Va
4: 81%
tMay4.
$ per share,,.-}'
■
.
37%
4.23%
16%
J*
13%
10%
214
:
"
116 Vi
37 V2
23%
4 211
-
116%
4 13 V8
:
41%
15%
33%
81%
118
10%
44' 23 V4
.
LOW AND HIGH SALE PRICES
4 Tuesday/- /1
Wednesday;
:
$ per
10%
23%
■
4. 6%
/Monday
May3
.
;
213
*14Va
22»/4
♦81
:
4
;
10 Vs
;
33%
17 4;
1
6Va
-
'
.37%
15%
-
21%
4
81%
37%
16 Vb
4*40%
17
33
21%
13%
37%
*211
4i%:
*14%
i'
17'/a
21%.
81%.
/
'
21%
zy/Y'Y
exchange;,..
ctfS——
Texas & Pacific Ry Co__/—
15
47% Jan
6
19% Feb 13
951/2 Jan
2
Jan
46% Jan
13% May
Apr 30
19% Mar 16
Sub
6
,.-14%' Jan
3
15
1% Mar 11
^
page 24,
;
4 15%
13%
6,500
60%:
•■ ■
8% Apr 27
39% Feb 11
Jan
16%
-
13%
/
:
41 Va
••'/".
42
98%
60 Va
117%
4423 V»
23%
212
974
*97%
:
'
May
21
8
Mar 16
42% Feb 21
"7% Feb 19
19
•
16% Feb
106
38% May
12% Apr
13% Feb
59%
3
Apr 28
61% Apr 26
.18
x9% Apr 28
'
Feb
16%
5
;17Vi Mar 27
,
45
10
11/Mar 11
Feb
59%
47%
Texas
19'% Dec
21%
53% May
Feb
33%
Telautograph Corp
S
*4Vi * 4%
"Tennessee Corp—:—:
*
5 '>18 ' /:/' 18:- ;■
Texas Co (The)_i__—
.—25
58%
59%
Texas Gulf. Prdducing—1
23% 1 23%
Texas Gulf - Sulphur——.——Nopar V 60 Vb
60 Vb
Texas Pacific Coal Sa Oil—,
1Q
51 Vi
53 Va
-Apr 23
29
Feb
•17%* Feb
61l
97% Feb 10
;
15% Dec
18% De c
■
Talcott. Inc* (James).
6
'
Feb- 13
17
4
■/„ 4 32%
15%=/
.
*81 Va
Par
19%* Apr 22
63
May 7
25% Mav 7
*
*
■
.
Y
4% Jap 12
47
.
-
■-YY/YYNEW YORK STOCK
$ per share
52% Feb 14
17% Feb. 27
•
42
33%
-
—
,
10% Jan
/ 17
;
41
4 ,15%;
25
Swift International Ltd——
Sylvanla Elec Prod Inc com
No par
$4 preferred—No par
Symington- Gould Corp—
—1
Range BinceJan.l
/:
Lowest
Highest
9% Marie
Dec
Jan
V
3% Feb 11
14% Mar 16
58% Nov
34%' Dec
8
6% Jan' 8
.
$ per share
Feb
14
10
May
3% May
13% May
Jan
/■■
.
$ per share
22
87%;Jan 12
-•
4,4
16%
41
*211
9V8
•'!
13 Va
?
10%
>4:423%;
10
98%
6IV2 ;
*97 Vi
Xx 61 %
*116%
38 4:
10%
10%
23%
4
63
37%
13%
37%
209
;
98%
62%
*116 Vi
13 v»
'
1/ 22% Apr 22
104% Mar
79%
209
10%
*91 Va
■
4-
62%
117%
*116 V4
37%
23%
•; 215 4'/v4
16%
;■
(The)—4.16%/
Swift Si Co
10%
23% 4: ;
23%
:
60%
13%
4:37%'
y 10 Va
37%
,10% j
10 ■<",
.
13 Vb
13%
■
//To :r.'
-10 Vb
10% ; 10%
98 Va
44;* 97%
98 Va
4 60' -4: 60
116% 116%
'{• 116%
37 Va
*2ie
*97 V4
; '
<
io*/4:
10 Vs
98%
13%
/
—,5o
Paper Coj
Sweets Co .of America
36% Jan 27
Dec
18% Dec
'
*116
„
>
(The)
No par
Superior Oil of California——25"
225
Mar 12
Mar
6
14
Apr 23
38% Jan
8
18% Feb 11
140
Dec
160
Apr 26
May 5
63
2
9% Mar
13% Mar
24% Oct
17% May
Jan
98
*
113% Jan' 31
9% Feb 11
45%
101%
4
Mar 17
50% Mar 19
12% Sep
Jan
Jan
32% May
8% May
Mar
9
94
109 %
July
May
23,700
920
■
=
!
.
..
THE
Number 46^7
Volume 167
COMMERCIAL
NEW
'
-
Lowest
Highest
$ per
$ per
share
Feb
17.
53% Oct
44
10 Va May
15%
10% Feb 27
22%
14
5% May
99
2
12'/* Dec
15%, Nov
12% Mar 16
21%
38%
19
Dec
48
Feb
51%
Feb
"
Dec
30
Nov
16% May
Feb
16
36% Jan
96
Apr
.24%. Apr -19-.
17% Oct
9% Mar 16
15% July
9% Apr 30
12
Thursday
$ per share
21%
20%
21
20%
21%
51
50%
11%
18%
50%
51
51
11%
11%
18%
11%
19%
19 V#
19 V*
18 y#
20
20%
51V*
52
50
11%
11%
11%
51 Va
11%
11%
11%
11%
*19 V*'
19%
19%
19%
19%
19%
*20%
19%
21 V»
11%
20%
7 V*
7%
$6
5
No par
*21
common——1
5%
conv
prior preferred
Coach
.
7%
20%
7%
102%
7%
*102
103
15V^
15%
16%
15%
23%
21 Va
7%
21%
■>35
*97
35
35
*97
101
35%
101
6%
6%
26%
26%
26%
11 Va
11%
11V*.
6%
34 Va
27
6Va
27%,'
11%
11V*
11%
22,305
2,200
5,900
5,400
,
21
.21%
7%
7%
7%
102
*101'/a
700
16,100
102
150
J6
16
16
16%
8,600
22
21%,
22%
24.100
34%
34%
*97
105
34'/a.
103
6Va
6%
27
27 V*
27 V*
11%,
II
11
.7%
.
34%
1.800
101
*97
30
11 Va
6Va
Shares
21%
;
34%
*97
6 Va
27 V*
:
;
21%.
102
163/a
21%
36
;
7Va
237/a
101
__50.
21 Va
19%
'
101%
.
20%
•
23%
6%
———1 \
Co—
21%,
237/#
*97
.
*21
15.
*35
.
103
'
,
15
23%
$150. conv preferred
No par
$4.50 prior preferred—-—No par
Twin City Rap Transit com—No par
103
103%?
,
*14%.
—
Twin
7%
*103.-
;_No par
preferred—™.
22
7%
;
■
the Week
I per share
50 V*
Air lnc_.
Sales for
Friday
May 7
May 6
tpdr share
19 V*
Truax-Traer Corp
-No par
20th Century Fo* Film com—No par
14% Jan
Dec
$ per share
50 Va
Transue <fc Williams Steel
32%Jan21
'.5
9% May
r
Wednesday
May 5
19y*
Tri-Continental Corp
6
n
PRICES
SALE
*49%
Transcont'l & Wes terry
2
7% Jan
$ per share
AND HIGH
Tuesday
May 4
;■
"
5
27
.
Axle__——_i—5
—
4
Jan
4
$ per share-
Par
'
.
,
Bearing—No par
tTransamerica Corp
-2
/ 25% Mar 31
Jan 23
5 % Mar
::
LOW
.
-.May,!
,
Roller
33
Jun
16
Dec
7.
Detroit
Timken
92
Jan
104
34% Aug
93
Jan
Timken
7% Apr 22
104% Jan 27
11
97% Mar
5
9
13% Jan
7
23% Apr 19
19
Apr 16
>
2
5% Feb
Feb
112 %
Jan
•
15%'Jan 22
Nov
7% Feb
Dec
21V* May
Mar 1-6
17
Jan
20 '/*
May
Monday
May $
(zmy
RECORD
Saturday
STOCK
*'
53 V* Jan
17
21%
% May
STOCK
EXCHANGE
„
,
15% May
Jan
/
.
Sper share
share
'Mar
NEW. YORK
Highest
(
40% May
13
YORK
STOCKS
Range since Jan* 1
Year 1947
t per share
FINANCIAL CHRONICLE
'
Range for Previous
Lowest
<
&
7%
U.200
7Va
29,
303/e
1,340
11%
11%
5,200
,
U
12
45
58 %
i
9% May
35% May
89% Jan
105
Dec-.
Feb
15%
43 % May
»■
Jan *
37%
.
Mar lB
Oct
27% Feb
11
93% Jan
22
Mar
106
Jan
2
91% Dec
106% Sep
91
Feb
9
85
Dec
104
Jun
86
Jan
6
20
Apr
120
Apr
'164% Dec
97% Nov
May
111
Feb
k. 38% Feb
115
30-
16% May
102
Dec
25 %
■/
Dec
no
Dec
Dec
?
18% Sep
i
3%
50
Dec
2%
41
,
:>22% Feb 10
30% Apr
16
30
105 Va Jan
16
19
5% Dec
65% Dec
,
44%
Jan
Dec
Jan
40
,
Feb
Feb
Jan
r
Oct
V-16% Feb
Jan
19 V*
>
5
J.0%
10'/*
1,200
54%
54%
54%
2,400
13%
14
14
14%
34%
35
34%
34%
35»/4
112%. 113
113%
113%
109 V*
109%
109%
109 v*
:
109 V*
118%
118 V*
119%
17,900
♦109
109 Va
108%
109 %
150
96 Va
*94
96%
*94
89V*
*89 :
DO
„89
34%
35 V*
*94
96 Va
*94
96 Va
*94
89
89
89%
*89
90
*89
28%
29 V#
178 V*
177%
100%
100%
37%
37 %
37%
28ya
OQ
29%
♦100
29
29%
29%
.
179 Va
35
•29%
•
28%
,
29 V*
179%
178
179 Va
lOOVa
100 %
180
100%'
100%
35%
35%
413%
115% any*;
97
178 V*
•
36%
3,900
14,100
109 Va
*100
•
112%
89
55
-
48
Feb
*
Jan
>
45 Va Apr
22
7% Apr
23
82% Apr
:
13
22
24 Va
10
;
Apr 29
43 % Apr
30
20% Feb 27
56% Jan 12
22% Feb
2
13% Mar 10
18 Va Apr
£ 109
convertible preferred——100
Lines In<? common—10
96%
90
28%
29%
177
178%
29'/*
178'/*
100% 100%
lOOVa
,
,
lOOVa
.
20%
100'/a
37%
1,300
29%
29%
15,800
*109'/*
110%
28
37
28%
28%
29%
*109%
llO'/a
*37
600
111%
17%
18%
88%
17%
17 3/*
17%
17%
17%
17%
88%
89%
89%
89%
88%
88'/a
20%
20%
20%
20%
20
20'/a
20
20
12%
12%
34%
♦ia
13'/*
12%
13%
2,700
34'/a
4,500
20%
13
34 V*
34%
32
:
*30%
;
,-4 3%
3%
*47 Va
48%
•30%
3%
■
12%
;
34 Va ■:
32
*47
♦10OV* 110
48%
34%
3%
.
'
6%
6%
'
,
30 Va
3%
3%
*48
45
-,
48
82
80
*6% •■••,744 '•
81%
81%
81%
23'/*
23%
23%
23
24
41%
42
42
X*2
42
55 V*
55%
*80
*6%
23 Va
;
42V2
,,
i7ya,
55%
55%
55%
21%
21%
21%
18%
17%
18 Va
4417%;
6%
■
.
100
'
20
3 '/a "*
7
3,500
*1,400
7'/*.,
.82
22%
41%
55%
60
33
41%
42
24,300
45
*60;
23%
5,900
48
45
•
600
3%
;
43;".
•
81'/a
22%
41
21%
21%
17 Va
3Va
4
45
6%
80%
7
,
55%
21%
-
45 4
,*
*47
T 8,300
32
3%.
48
3
3 Ye
45
,
*30%
BOVa
3%
1
4 44%
33
34%
v
3%
48%.
3
3%
■
4
45
45
4,' 3
44%
-
34%
32
*30%
,
3%
"
3
-
2,900
13%
•34%
89%
20%
13 '
21%
,
113/4'
37
28%
.
37
2,600
•106 V*
17 ya
;ivv 21%
29%
37
36,200
.
17 Va
•
*86
.
United Gas Improvement Co_—13%
United Mersh & Mfrs lnc com——1
29%
.
37%;
100
30%
178'/a
89
17 Va
89%
;« *20y4r
37
•109% 112 %
V* 112%
17%
17%
-;*87 :
•
.
3% Apr 12
13
28%
>
>
13%
Corp——10
13%
34%- 34%
United Carbon Co
—-No par
l *30%'
United-Carr Fastener Corp—No par
32
United Cig-Whelan Stores com—30c
3%.
3%
*47
$3.50 convertible preferred-—-160
48%
United Corp common——1 ■'••.vi' ■3;-'-J,-4' 3%
^ $3preferenoe——^————5
4-5 44
44%
United Dyewood Corp common
1 ,>'y *6% .7%
•
81
7 r,M
preferred —_l—„—100 : ; *80
United Electric Coal Cos
—5 ; V;*23%
23%;
42%; 42%
United Engineering & Foundry-_4-'-$
United Fruit Co—-——i_4—No par 44: 55%
55%
'2
5
>
United Board & Carton
2
>
-*37
No par
cumulative preferred.—100
United. Biscuit Co———-No par
5
4% Jan
Car
4Va%
7 Mar 23.
34.
37% Jan 21
Feb
5%
29
Jan
35
.
8
61 Va Mar 17
.
Jan
15% Jan'
4% Feb 26
•59% July
24% Jan
.
22
46% Apr 27
2Va Feb 11
43%
12% May
22
Feb
19 %
May
20
•
29
10%
:
10%
54
14%
United Air
2
00% Mar 22
7 27% Feb 20
95
•
>: ll1/* May
33 >
4Va
Jan
7'..,;.'3''V Mar
vi 63 V* Mar
•
19% Apr-
6
11% Mar 16
Jan
•
6
Jan
77% Jan 12
Feb
Dec
*10
54%
14
*94
United Aircraft Corp common—..—5
110% Apr
lQVa
54%
14y*
'
Dec
Dec ';
.
.
Union Tan*
Nov
83*
7
10%
54%
14%,
*108%
series-^
*.No par
Union Oil of Califomia-i._—4-—25
Union; Pacif'c'RR Co common—_100
/;! 4 % non-cum preferred
^^——100
Apr 23
10%
54%
14%
*112
$3.50
2
V.'
8%
•Ti
182
10%
54 V*
14%
34 V#
Carbon>_Li-No par
29
Nov
33%
•
Dec
30% May
Jan.19
Preferred
10
53%
14%
o7/#
-Preferred ;$3.70'series—__JN0 par
-yJan>24'
90
S
&
Mopfd $4.50 ser—:No par
37 Va Apr
Sep
35
26% Jan
Un El Co of
101% Jan
'*
.28% Jun
Union Carbide
10
54%
*14
;Union Rag & Paper——___—No parr,
May:;:,7-7
109% Mgy ." 4 :■
92'/*. Apr
1
96% Mar 18
Apr
■
119%
'
io
*53%>
,
«
Union Asbestos & RubberCo-,-——5
.
31% Jan 26
120%, Apr
24 V*
:
-
21% Feb 11
152
Dec
28%
15%
75
<
"
27
Udylite Corp+. (The)—4—L1
Underwood CerpI—„L__I—-No par
2
55% Apr 23
14% Apr 28 :
36% May ?f:
'9%. Mar 16
110% July
-*
Jan
.
2,700
<
21% :
:■
21%
17%
55%
55%
21% •21%..
17%; .18
18 Vk
2,500
10,400
2,200
21,400
25
10,600
55%
*
'
15% May
91
23% Oct
106 I1?
Dec
>
12% May
86
May
171
Dec
13%
Dec
37
Dec
:
XX
*"*
33 Va
XXI'
:
16%
39%
Oct
May
71
•
39
.23% May
92
-
33% Feb
::
?
Dec
> i
Feb
14
Feb
9
Jan
U S
1100 Viz
.
*37%
5
U
;
7
S
;
Plywood Corp. common—
cum prd series A
3% %
s Rubber Co. common—
U
137 y# Jan
*37%
39
♦29
9%
50%
52"
32%
95 .:4';
42%
442%
131%
44%
*176
177%
13%
13%
10
179
50
13%
10
38
.37%
37%
38
37%
6Va
6%
30 Va
•
33 %4
48%
95
*92%
43%
29 '/a
48'%
44%
43
*22%
94
95
4
129
43%
49%
51%
100
:
7,300
,
4
33
129
400
6,800
94
120
43% 444%
:
129
10,400
9%
*50%
,
33%
32%
9 Va
48 Va
.,
400
19 Vi
19
;.
■
^
*92%
s
,129% 129%
129%
1,500
6%
*50%
33%
32%
92 %
48Va
,51:%'
'
53
1.000
6%
*28%
9%
38%
19%
*9
3,100
O'/a
29
19
;9%
19
*6%
29
4
19%
30%
50/>
129
-
3,800
69%
;
44V*. 1,44%
.
130
130
•
100%
13%
69%
9'/a 4
92%
1.600
99%
99 Va
70
19%
.4 32%
4
95
*92%
43%
»
20%
*69%
30 Va
*51
95%
20%
70
v
49%
,
*94%
.
*69%
•
*8'/*
i
*
177.
14%
24%
95%
20 Va
99 %
177
13 %
24%
20
100%
6%
19%
•;
52
49
*'■
31%
y *92%
10;
•j
52
31%'
19%
20
*175:
;
.
24
*94%
95%
38 Va
6%
.
24%'
19%
13%
44 30% :
31
*8%
32
.,50%.
,
,
4
100 ;
70
38
18%
•
V 177
*69%
6%
6%
9Va
8fa non-cum 1st preferred—100
•
.
1
100
4
,19
—10 ■52
♦175
24
*94%
,
•101
.13%.
70
430 :'4
18%
20
Pipe? 6s Foundry-,
*69%
67/a
30
k'i
4
39
:
*6Va
99%
14V*
70
*63%
;
94%
19% 419%
176%
13%
14 Va
24%
94%
100 7/a
♦175
176%
>13%.
"
100%
100%
'■'» *174
..
19
24%
19
,
*94%
;?■
19%
24 %
95%
24
24%
4
96
.
*19
preferred——_t„——10
U S Playing Card Co—
46% Apr 20
13
;
4Va%
*
33% Jan
May
*94 Va
r
v
common—No par
Partic & conv class A—————No par
U S Lines Co
r*—-— 1
23%
v>
V
V;
i5
^2
94
6
Leather Co
U S
9% Apr 20
50% Apr 28
53% Feb
7
-
38% Feb 11
125% Mar 19
Feb
165
13
87.
17
36
16
Jan
25 V# Feb
Jan
July
60%
40% Dec
127% Pec
39% Feb
49
21
21% Jan
9
7% Mar 30
.-.Feb
103 %
Mar 16
17% Mar
Jan
42% Jan
8% Jan
>
24
5% Mar, 15
26
>•
>10 > Apr.
-V 46% Oct }
46% Dec
V
.72
1st preferred—
No par
Freight Co—————No par
common——---20
7% preferred—180
U S Hoffman Machine Corp—-,^--5
4 V* % preferred———
-—100
U S Industrial ChemicalsNo par
-177% May 8
»14% Mar 31
Nov
24%
6
7
•
S
U S Gypsum. Co
12
105% Jan
Foreign Securities—-_No par
$4.50
U
7
9
Oct
Vf
Jan
12
.69% May
Feb
9%
9% Dec
35
53 V*
,
.
USA
29
Jan
20% May
170% Feb
Feb
;
5% May
25% Jan
94
25% Apr
97
7:
20
>11% Mar
Jan
.7
Feb
15% Feb 11
••92% Feb 11
V 196 Va Mar
Dec
Ai
89
,
107%//Feb
■
.
/ 71 ya
16% Feb 27
Jan
/ 20% Oct
106,000
129
1,000
'
67
Dec
61% May
133
Dec
55% Apr 22
U S
7
72
7% preferred
——50
U S Steel Corp common——No par
150
1
67% Mar 17
Mar
k
23
Feb
38
Oct
Jan
,12%
Feb
Dec
109% Jun
Jan
i
8
96%
>
•
10% Jan
5% 'Dec.
*33%
16
May
163% Dec
13% Dec
«6%
;;
8% Feb,.11
Jan
30
16
Feb
4
19
Feb
150
13
Feb
Mar 1
29%
Feb
i
56
Feb
67/# May
4
Lowest
k
'
6
163% Jan
4
67 Va Apr
"4 54%
54%
*53 Va
71
4
76%
69%
77%
*74%
4 137%
76%
136 V*
18%
41%
♦92
7
5%
5%
.
4-,i 5 V*
f:-
5
*93
4%%
preferred-—
>;
18%
41%
•
137
18%
95
70
75%
•',
76%
25,800
137'/a
1,600
137
18%
18 Vk
42
42
,
,
5%
5%
5%
*5%
;.-4 11%
11 Va
Tl Va
95
*93
2,600
69
75%
137
*41%
■
54'/a
54
69
74%
11%
-
ii
96
18%
4 *17
4%
4%
19%
.
19%
67%
4
13%
13 %
67
67
.....
96%
*94%
,
400
18 Va
\
.42
1,100
180
'/*
800
11%
6,300
5
>
EXCHANGE•
i
tS
■
5
5%
30%
96 Vtt
100
S'/s
3,100
4 V*
.
ii 13%
67%
.5
30%
*17;Va
18
4%
6%
13,100
20'/*
20'/*
20'/*
2,400
*165
13%
*67
*28%
20%
20%
*163 V» 167
13% 4
4,4
30'/a
17% 4,17%
4'/a
'4'/*
18%.
2o-
67
5%.
5%
•28%
*166
170
13%
13%
*67
07%
100
170
13%
13%
4,400
4' 67 %
67 Vz
90
Friday
May 7
t per share
the Week
,
LOW AND HIGH SALE PRICES
Monday
'May 3
I per share
Saturday.
4; May i
$ per share
•NEW YORK STOCK
t>:
.
■'
5
.
4%
20
167
*163
167
4/
*28%
*17 .4
"44 4 V*
:
lev*
V*
19%
13%
.
30%
;■
67
13%
*67
5% ;•;
5V».
*29
*163
4"-' 13%
i——100
44
*17%
.
;
169
6% -preferred————w—lOO
■
Universal Pictures Co Inc; com—4-1
.
23
5%.
30%
'ii'4;/gxOCKS:4i'i'Av;
Highest
$ per share
*5
'
*29
conv
■
.
.
.18%
.4,41%
;
'
2
>
18%.
41%
54'/*
53%
*67
69
75%
136%
136
5%
4*5%
4: io%; 11V* 4
;
98
54%
69
137
41%.
18%
,
,..4 5% 4; 5%
10%
io%:
—
69%
137 Va
18 Va
41%
*28 Va
30%
preferred--—-50
Universal-Cvclops Steel Corp, ——2^ v'p 4 *17 :?;j .18%
r- r: 4%
Universal Laboratories'. Ihc^—^-4^.-1
4 *19%
20
Universal Leaf Tobacco cbmjNd par
4% cum
15% Mar 31
24
—
United Wall Paper Inc compion—2
21
R»nge*teee i»».l
Lowest
^Higheel.'V
$-per share
$ per share
•
!.
$ per share
Jan
23
Range for Previous
4,;,, Year lfH7
Jan
7%
54%
54 '4v
75%;;;
75 Va
*135% 137
:
18% Apr 24
/.
17
10% Mar
Feb
91%
■
34
Mar 16
Feb
Dec
192-
.
1
i;'C
,
.
97% Jan 13
5% Jan
5.
;;
Mar 13
11%
Dec
29
3% Mar 17
r
preferred
:
*69
.475 4;'
71
*69
——-100
18s/a
18%
U s Tobacco Co com—-——No par
'41 ^ 41
7% non-cum preferred
.-25
4 5%
United Stockyards- Corp—-4—1
4fi *W*
United Stores $4.20 hon-c 2d: pfd—5 '4r:4 10% •To7/#.
*93
4:9844,
$6 conv preferred
No par
•
11% May
93
:
.
9
5'/# Jan
23%
Dec
2
4% Mar 16
Feb is
22
-
/'
4%May
20
Feb
52>
Dec
Jan
21
140% Jan
19 y# Jan
42
May
17% Feb 10
Feb
8%
.
Dec
5
Apr
78% Jan
\
129% Mar 16
48%
38
;
;
6
66% Jan
Feb >
80Dec
:
*17% Nov
:
41% Jan
81
;
53 " 'i'4
Smelting Bef & Min com-—50
51%. July,
<38%. May
V
,
,
-^
Par
?
Tuesday
,
4'
Thursday
,.; Wednesday
• 4';,V;May & ■-"•i•■•:•.
.4.4 $ per share
" May 4 4
t per share
■:4
■
May 0 ■1
$ per
share
Sales torShares
V
22
Dec
84
Nov
4
20%
■35% May
Dec
85
'
Apr
1
Vanadium Corp of America—No par
*19%
15
Apr
10
Van Norman Co——^—.—2.50
*14%'
Jan
23
Van
10
24%
24%
2
4 14 V* Jan
10
29 Va Jan
6
Vertientes-Cama guey Sugar Co—6»/a
Vick Chemical Co——^—^——2.50
Vicks Sbreve & Pacific Ry com
100
4 13%
3
12% Jan
.
22
;
Feb
13
Oct
>
6
Jan
:
Oct
Bl"
Jan
40
4 38
BO"
Dec
Aug
:
K7.
Apr
Feb
32
429
Feb
Apr 29
4
10
J?8.% Feb
18Va Apr 30
>37% Jan 30
34 Va May
3
/; 39%. Apr 26
30
30% Feb 10
33% NOV.
33% Oct
,
30
7
21
*
31% Dec
7
114% Feb 24
7
35 V* Mar
45 T Feb;
"34% Dec
Jan;
18
2:..;
May
lis
19
32% Jan
5
323/* Jan
13
Jan.
2
15 Va Jan.
...
Apr. 15
8
Raalte
Inc new—
Co
■
98
'-42 •>;
10 V«
14%
*14%
14%
14
14%
1,400
24%
24%
24%
24%
24%
25"
1,000
13%
2,800
24%
1,800
>4 13'/*
13%
24%
24%
98
42
42-
•
17%
;4
4:
18
4
40%
17%
12%
:
93
*92
95
41
*95
116
*90
-
12%-
U%
116
>12%
117 '/a
17%
113%
17%
40%
*95
97
114
117
17%
17%
150
40%
1,700
97
20
12%
36,100
118
1,800
17%
114
*20%
21
37%
37%
37%
♦37
38'/a
34%
4.' 34 Vs
34'/*
34
34
33%
34
34
37 Va
36%
36%
36%
37
37
19,300-
34
436%
37%
34%
38
*37Va
*29%
.
H%
24%
92
93
:.
♦113%
30%
*29%
30%
*29%
*30
Vulcan Detinning Co common-^—20
7% cumulative preferred--^—20
41 ,.4
97
13 Va
24%
93
y*
20'/*
114
*33%
30%
♦30
30%
*30
64
62 V*.
*14%
34%
*90
92
111%
1
24%
92
19
13'/*
13%
13%
24%
92
19%
20 V*
*37 Vs
6%
13%
40%
•
19%
20
24%
*95
17%
4113%
*36 V*
*36%,
25
preferred————25
Visking Corp (The) ——____-^-5
Virginian Ry Co common—
.
97
17%
„
21
20
*88%
uy,
11%
♦111'/* 112%
111%
"
42'/*
*95
11%
£
'
92
98
41%
V
14
114
4. 21
*92
97%'
10%
111%
18
21
>*88%
92
*113%. 114
*20V«
1,100
14%
■>'
13'/*
*95
110
18
Virginia Elec & Pwr Co com—No par
$5 preferred
^———100
Va Iron Coal & Colce 4% p,fd
25
4
19%
4
24%
*92
i-;
96%
lOVa
110 "
•4
24%
*89
42
96%
20'/a
14%
24'/*
24
.;•*
■9144'
*92
4:
14 %
24%
; 13%
13%
>4
19%
14%
V*
20
14%
24'/a
-v.:
25
*88%
preferred
100
Victor Chemical Works common—5
:
3%% cumulative preferred—100
Va-Carolina Chemical com—^No par
6% div partic preferred-:——100
.
20%
♦24%
5% non-cum
6
12% May
;
7
109
May
47%. Jan
11
14% Jan
.
:
96% Apr 23
v
7 y* Mar 16
Feb
Feb 21
93
■;
37% Mar 10
93
Feb
121
107% Dec
! 86
Feb 21
87%. Feb 42
Nov
16%
.
86
10% NOV
,
Mar
86
Feb/
112
19%
15%
26
;4 94 4 Jan
4; 50% Nov
104% May
5% May
May
Nov
22
Feb
94%
"6914
14% Feb 10
4 12% Feb 13
Jan
4 39
Nov
85 V*
Feb
;
18%
Dec
12 V* May
"26%
;
Feb
21% Feb 16
13% May
14%
38
21%
450
*38
38%
100
800
,
*29%
30%
*29%
30%
*29%
37%
30%
30%
*30
30%
*30
30%
*30
30%.
62'/*
*62
*62;
*14%
14%
62%
14%
62 vk
15
-14.%
14%
400
32%
32%
31%
32%
2,400
30 Vz
;
100
*20%
38%
*37%
114% 114%
21
21
.
•
900
W
JB.% Apr
29% Apr
100
75%
IX
;
Dec
May
*30
Jan
13%
Feb,
18%
•
Mar 15
Feb 11
103 Va Jab 22
>
BflL B Dec
S% Dee
B7%Jan
,83%May
21% May
27
*
Feb-
-Jan
24% Apr 10
11% Apr 19
13% May 1
-
8% Feb 11
10% Mar 12
"
91 f
x83% Mar 12
•
25% Feb
k
1
1
23% Feb.
Jan
•13% Apr
10% Feb 10
1
.17% May
2K
Sep
33V« Apr 16
•
'*18% Mar 17
•'
; 30% Nov
,19% Dec
•
66
6
'
197% Feb
106 % Mar
Apr
,100 V* Apr 29
Julyr
24%
•
4
60 Va
14
36% Feb
109,
....
XL
>
>17% Jan
Dec
*17% May
77/a May
10% Dec
88% Dec
Feb
5
20% Feb 10
20 V* Jan;
3
17 Va Feb 16
32
;
<
r,
Jan
32% May
"
25% May
>
B
l
2
7
7
Jan
10
21% Jan
2
19;
"
26% Feb
t
41-
Feb
12% Jan
52% Nov
90
17'
-
v
Feb
34% Jan
Tot footnote#
see
page 24
Mar 16
24%Apa, 3
'
30% Jan
-
5
39
Feb
10
Feb It
80 % Feb
19% Mar
13
%
2
6Va Apr
13
48%.Feb
86% Jan
24% Jan
3
2
9-
4. WabashJRR 4%% preferred-—^100
Waldorf System_i—-i-—---No par
Walgreen Co common,^-—No par
•
4% preferred——
-100
-1 Walker (Hiram). G & W——No par
Walworth Co
4—^-No par
Ward Baking Co common—.—I
J.
*5Vk$> preferredJ—4,-4-4.„444l0O
Warner Bros Pictures^,,^—r-,-~5
Warren, Foundry & Pipe—iv-Nopar
Warren Petroleum Corp new com—3
Washington Oas Light C0-.4.-N0 par
4*62 4 64%
14%
-14%
32%
4*32%
,*100'/*. 101
:.■•
Mills——.-9
Wayjib Pump
Webster Tobacco Inc—
") Weapon Oil dt 8nowdr comt—No par
$4 conv preferred——No par
West Indies Sugar Corp——_1
,
'
15 ■,32%
101
;
4;
15
32%:
32%
*100%, 101 >
23%
10 Vz;
23%
10%
23%
H0%.
10%
23%
10'/a
13%
13%
13%
*86iVa
87%
"•■• 4 13 Va
■
*87
;
88: »'■
!
;
1
♦24%
25
-
*28
5%
40% '
82%
5%
*45%.
*82%,
-24%r
,
10 Va
10%
10%
13%
13%
13%
13%
13%
87'/a
87 Va
87'/a
87
87%
4, 11%.
12'/*.
25'4
*25%
-24%;
1&%
26'
18%
17%.
*17%
18
26V*
*25%
26
ia%
<10%
11%
28%
11%
18Va
*17%..
.
..
11%
11%
28%
*27%
28%
3,000
30%
30%
32%
13,60ft
26
25%
25%
*25'/*.
12
33,600
600
18%
18'/*.
18%
*18%
18%
18
18
18
*17%
isy*
500
25%
25%
1,200
;
600
*
2S%
•25%;
26 V*
26%
5'/a
5%
5%
-47 Va
47 Va
5%.
5%
5%
*5%
5%
5'/a
46%,
82%
48 %
46 %
46%
46%
46%
47
82%
83
82%
82%
82%
82%
*82'/a
24y*.
24%
24%
24%
23%
24'Va
23%
23%
23%
5%,
.
5,800
100;
30
30%
26
4,00ft
,
27%
11%
28%,
29%
*25'%
10%
46%
*82%.
•
-
*5,000
13 Va
23
26
26%
■
24%
•
130
23%
.
*
300 ;
101.Va 101%
*100%; 101'/a
24
24'/*
100,'/*, 100%
23%
24
62%
87'%
31%
19
.
13%
29
17%
15
32%
87%:
1Q%
30.%;
*18%.'
18%
62%,
8 .7%.
12%
.17%
•
.
29 %
V' 25-:
"
18%
17%
..
30%
*29
30%
32 Vk
13%
.
12%
12%
29
■•
24%
29%
12%
29
29%
;
•
32%
101
*2Vk
■»,
Waukesha Motor Co
Wayne Knitting
4 ;*62'4;
aV
-
83
r
23%
2,400
1,200
160
9,200
.
,!
t.
24
COMMERCIAL
THE
(2048)
YORK
NEW
STOCK
RECORD
LOW
STOCKS
Range for Previous
Monday, May 10, 1948
CHRONICLE
FINANCIAL
&
Highest
I per share
Range since Jan;1•
Lowest
J per
$ per share
105
Dec
117% Mar
112%
Not
121%
103%
Dec
112%
106%
Dec
Apr
Wednesday
*
Dec
23
110% Jan
6
20
17% Apr
47
Oct
38% Feb
14
Jan
100% Feb
25
10%
Jan
6% Jan
Jan
34% Feb
14
9%
Dec
7% Mar 17
Dec
22% Mar 12
4
May
9% May
26% Dec
42%
65
Dec
90
17
May
26%
27% May
22% May
Sep
91% Feb
11
Jan
29% Feb
16
43%
Dec
26
May
'
31
May
90
3%%
20
Weston
A—..
3.80%
cum
Dec
80
Jan
5
100
May
7
53%
Oct
37 r;
Mar 16
47% Jtfa
Mar 18
92
5
5
83
Feb
20
27% Jan
7
19
Feb
11
23% Jan
5
White
Motor
9% Feb
27
16% May
6
White
Feb
6
27% Feb
26
29
Feb
11
xl7
"13%
Feb
64%
Oct
17
Oct
99
11
81% Mar 25
•I 12% Feb
20
Nov
15
19
Nov
15
Feb
145% May
126
10
35
Dec
28
Feb
Feb
43% Feb
Dec
Apr
74% May
Dec
100
Feb
81
Feb
16
53
Dec
80
Feb
58
Jan
5
ft
Nov
70% Mar
I
May
18%
Aug
10% May
45
Jan
16%
Feb
37%
50 % Mar
8
13
6%
<
67% Jan
preferred
*92
,43%
86%
14%
14
109%
270
16%
16%
46%
2,400
com
9
1
No par
;;
*68
22
22
38%
22%
95
*100
100%
xlOOVa
100 Va
34%
34 Va
*33%
x39%
39%
....
I
(new)
16
Co__
'■*
15%
15%
16
.:i:L 16 >>
,15%
K
14% ■} 15
135% ;f
*32
21
20%
16
>V:32%
32 Va
46%
45%
45%
20%
21
*132
.
21%
20%
75
75
75
*86
87
78
*75
66
10%
78
*75
•65
66
*65
9%
,
9%
30.
30
12%
*76
77%
64 Va
64%
\i63".
10%
10%
10%
40%
19%
76%
21%
Feb
141/* Mar 16
2
Youngstown Steel Door
No par
*17%
17%
17%
17%
17%
17%
17%
July
19% Feb
Na par
24%
24%,
24%
25
4
5%t
5%
'5%
10%
Jan
asked
26% Apr ,15
6% Apr -27
11
5% Mar 16
w>»
prices;
no
Sales
Senith
Radio
Zonlte
Products
—'"*■;
this day.
on
;■
Corp
fin Receivership,
Corp..;—
'
*
a
'
Deferred delivery,
Bond Record
Name
n
and
are
when
italic
'and
„
the
letters in the
regular weekly range
„
are
„
column headed-'"Interest
headed "Interest
shown
Pericd"
Pericd"
in
Cash
footnote
a
„
indicate
in
In
_
each
and
the
case
case
deferred
*18% .19 Va
.75.' •
75%
17%
17%
23%
24%
24%
5%
5%
*5%
> 74%
1.100
8,300
17%
■
17%
17%%
400
19
75%
19
*
2,800
1,700
: /
1,300
GOVERNMENT
Year 1«47
Range since Jan. 1
Highest
week
the
Lowest
NEW
Highest
YORK
Zjlf;
BONDS
STOCK
EXCHANGE
Feb
Feb
105.28 Mar 10
105.28 Mar 10
Feb
Treasury 3s.
107.20 Mar 10
108.14 May
Treasury 27/aS_—_—-1955-1960
Treasury 2%S—
—1951-1954
114.8
104.12
Treasury
7
July
Dec
Sep
104.23
Dec
104.18
Apr
102.22 Feb
102.22
2
Feb~~2
Feb
101.27
104.24 July
101.26
Dec
104.4
101.24
Dec
Dec
104.15
7
.101.11
Jan~~7
Mar~13
100.23
Jan~~7
101.11 Jan
,
100.24
104.10 May
101.24
Jan:
100.23 Jan
28
100.26 Apr
2
Apr.
101
Dec
103.20
Apr
105.17
Jun
105.17
Apr
Treasury
2%s__—.
Treasury
Treasury
Treasury
Treasury
Treasury
2%s__-i.- :
2 Va s_ —L,
2VaS_„—.
Treasury
2VaS
100.8
Mar 12
100.14 Apr
16
Jan
6
: ; 100.14
ApTIi
102.24 May
102.24 May
100
^Mar
100
•
4
100.4
Apr
102.12
101.12
Dec
102.6
102.23
May
102.25
Apr
Apr
103.1
103.2
101.10 Apr
1
101.14 Apr
16
Apr
loT.2
100.26
Oct
101.8
Apr
100.16 Apr
14:
High
High
Sales
Friday
/
Low
High
103.14
*103.10
103.14
*103.10
103.14
*103.10
103.14
*103.10
103.14
*103.10
*105.26
105.30
*105.26
105.30
*105.26
105.30
*105.26
105.30
*105.26
108.16
*108.12
108.16
*108.12
108.16
*108.14
108.18
108.14
Bonds (!)
105.30
•108.12
)
103.14
106
for
the Week
May 7
May 6
Low
108.14
104.30
*104.26
104.30
*104.26
104.30
*104.26
104.30
*104.26
104.30
109.2
*108.28
109
*108.28
109
*108.28
109
*109
109.4
*109
109.4
*109.2
8,000
*104.26 104.30
109.10
109.6'
*109.2
109.6
*109.2
109.6
*109.2
109.6
*103.4
109.8
*109.6
♦109.8
109.12
*109.8
>
109.12
*109.8
109.12
•109.8
109.12
*109.10
109.14
*109.12
100.21
*100.18
100.20
*100.18
100.20
*100.18
100.20
*100.18
100.20
*100.17
100.19
109.16
102.13
*102.9
102.13
*102.9
102.13
*102.9
102.13
*102.9
102.13
*102.9
102.13
1950-1952
*103.9
103.13
*103.9
103.13
*103:9
103.13
*103.9
103.13
*103.9
103.13
*103.9
103.13
1952-1954
*103.12
103.14
*103.11
103.13
*103.11
103.15
*103.12
103.14
*103.12
103.14
*103.12
103.14
*103.25
103.27
*103.25
103.27
*103.25
103.27
*103.26
103.28
*103.26
103.28
*103.29
103.31
1962-1967
*101.15
101.17
*101.14
101.16
*101.14
101.16
*101.14
101.16
*101.14
101.16
*101.14
101.16
*101.2
101.4
*101.3
101.5
*101.3
101.5
*101.3
101.5
*101.3
101.5
*100.26
100.28
*100.27
100.29
*100.27
100.29
*100.27
100.29
*100.27
100.29
-Dec
100.28
*100.25
1964- 1969
*100;26
100.27
*100.26
100.28
*100.26
*100.26
100.28
*10026
100.28
*100.25
100.27
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
100.26
—1966- 1971
*100-21
100.23
*100.21
100.23
♦100.21
100.23
*100.21
100.23
*100.21
100.23
*100.21
100.23
100.12
100.28
*100.10
100.12
*100.10
100.12
*100.10
2%s_—
Treasury 2%s_-—
Treasury 2%s—
Treasury 2'As
_Sep
1967- 1972
*101.22
101.24
*101.21
101.23
*101.21
101.23
*101.22
101.24
*101.23
101.25
*101.26
_Dec
1967- 1972
*100.11
100.13
*100.10
100.12
noo.ia 100.12
*100.10
100.12
*100.10
100.12
*100.10
100.12
^1951- 1953
*103.22
103.26
*103.22
103.26
*103.22
103.26
*103.22
103.26
*103.22
103.26
*103.22
103.26
*102.10
102.12
*102.10
102.12
*102.10
102.12
*102.11
102.13
*102.11
102.13
*102.11
102.13
*105
105.4
*105.2
105.6
*105.2
105.6
*105.2
105.6
*105.4
105.3
*105.6
105.10
102.6
*102.5
102.7
*102.7
102.9
#inn 1
)nn;3
*100.2
100.4
1952- 1955
—
1954- 1956
—.1956- 1959
J *102.4
102.6
*102.3
102.5
*102.4
102.6
*102.4
100.4
100.4
*100.2
100.4
*100.1
100.3
' 100.4
101.28
i.
_Jun
1959- 1962
'
2'As_—_
..Dec
1959- 1962
|
*100.2
100.4
*100.2
♦100.2
100.4
*100.1
100.3
*100.1
100.3
*100.2
100.4
2s—_
-Dec
1948- •1950
'
*100.21
100.23
*100.21
100.23
*100.21
100.23
*100.21
100.23
*100.21
100.23
*100.21
100.23
:
*100.2 f. 100.4*
\
-Jun
1949- 1951
*100.29
100.31
*100.29
100.31
*100.29
100.31
♦100.29
100.31
*100.29
100.31
*100.28
Sep
1949- 1951
♦101.1
101.3
*101.1
101.3
*101.1
101.3
*101.1
101.3
*101.1
101.3
*101.1
1949- 1951
*101.5
101.7
*101.5
101.7
*101.5
101.7
*101.5
101.7
*101.5
101.7
*101.5
101.10
*101.8
101.10
♦101.8
101.10
♦101.8
101.10
•101.8
101.10
*101.8
101.10
*101.11
101.13
*101.11
101.13
*101.11
101.23
*101.11
101.13
♦101.11
101.13
*101.11
5,000
%*
•"1 LI
101.7
*101.8
■
101.3
-Dec
'''
100.30
%
l—
101.13
2s
-Mar 1950- •1952
—Sep
—
Treasury 2s_—
Treasury 2s
Treasury 2s_.
Treasury l%s
Treasury l%s
Reconstruction &
Dec
102
July
94.10 Jan
15
98.11 Apr 26
Dee
10-year *2'As—
103.4
July
94.14 Jan
15
99.15 Apr
25-year 3s^.
1950-1952
v
1951-1953
*101.14
101.16
•101.14
101.16
*101.14
101.16
*101.14
101.16
*101.15
101.17
*101.15
101.17
——1951-1955
♦101.13
101.15
*101.13
101.15
*101.13
101.15
*101.13
101.15
*101.14
101.16
*101.15
101.17
—Jun
1952-1954
*101.14
101-16
*101.14
101.16
*101.14
101.16
*101.14
101.16
*101.15
101.17
*101.15
—Dec
1952-1954
*101.14
101.16
*101.14
101.16
*101.14
101.16
*101.14
101.16
*101.15
101.17
*101.15
101.17
1953-1955
•103.22
103.26
*103.22
103.26
*103.22
103.26
*103.22
103.26
*103.22
103.26
*103.24
103.28
100.4
-1948
1950
*100.3
100.4
*100.3
*100.10
100.12
*100.9
-100.4
100.11
101.17
*100.3
100.4
*100.3
100.4
*100.3
100.4
*100.3
♦100.9
100.11
♦100.10
100.12
*100.10
100.12
*100.10
100.12
for
Development
1957
—
——
No sales transacted thia day., a Odd lot transaction,
of
PRICES
Thursday
101.5
95
price.
Low
SALE
100.29
95
asked
HIGH
May 5
*101.3
International Bank
;JB2
High
'.'■'V
100.12
101.16,
27
May 3
Low
AND
Wednesday
Tuesday
*100.27
2s__a—
14
High
%
L>i;: May 4
Low
High
*100.10
Treasury 2s
Treasury 2s
Treasury: 2s_—
100.16 Apr
Monday
100.12
Treasury
Jan
-
point.
*100.10
101.13 Mar 22
July
100.30
a
100.13
2s
Jan
103.4
32d of
mojre
*100.11
Treasury
Apr
Dec
or
1967- 1972
11
Apr
101.23
disregarded in the week's range, unless they are the only transactions
account is taken of sucn sales in computing the range for the year,
;v;
1964-1969
2'As—.
Peb
"■11.•
No
_Jun
Treasury
Apr
102.30
are
occur.
2%s—
3
100.2
"
Exchange
—1965- 1970
Treasury
Treasury
Treasury
2
;; 2,700
1
; x Ex-dividends.
*100.19
-1963rl968
__
Treasury
Mar
distributed.
*108.30
("
May
5%
—j
■.
—Jun
2V2S
Treasury 2'As
_
5%
■■
>102.9
2%s_——
—
Sep
wd When
5.400
25%
"
.
1956-1958
Treasury
100.8
Sales,
23%
'5%
—■■■.■
—1949-1953
,
—;
Treasury 2%s„
Treasury 2%s
Treasury
s Special
:t\L
"
*104.26
1958-1963
Treasury 2'As-—
102.12
Cash sale,
1
*105.28
1956-1959
Treasury 2%s__—
Jun
105.18
one
>108.12 108.16
Treasury 2%s—
—1960-1965
Treasury 2'As——. -s——1948
Feb
July
r
■
*103.10
1951-.1955
Treasury 2%s_——.
104.14
103.19
3VaS—^——-1949-1952
Treasury 2%s-^wV%3-—
May
104.24
which they
Low
106.6
108.16
in
sales
May 1
108.21
108.16
!11.11..
month when the:,'bonds mature.
mopth when the bonds mature.
Saturday %
/.!.
112.6
106.13
7 5%
LOW
Range for Previous
Sep
100.13 July
25%
5 %
-
YEARLY
-
delivery
Figures after decimal point represent
•
24%
'
—
changed from Penn.-Central Airlines Corp.
WEEKLY
-
interest"—except for income and defaulted bonds.
outside of
ie
>
5%
.
New York Stock
«»
FRIDAY
NOTICE—Prices
1V1
'
u
Ex-rights.
•Bid tad
,•
'
25
,
101.20 July
4,800
12%
II
?
10%
100
'29%
19
,101.20 Dec
10
10%
12%
75
July
1,300
;• 29%
19%
102.4
64%
> 40%
77
Dec
64
V
19
100
'"H
V
76%
Sep
v;.10
40
19
102.6
77%
12%
76%
Dec
77%
,
40
19
101.7
4oo
86
V
29% 7 29%
75%
•
3,300
76
80
12%
19%
Dec
21%
*74
12%
12%
75%
100.7
,
•••
6,700
40%
3030
*40
75%
Feb
74%
10 Va
'%
21
21
87
64
12%
/goo
46
<
31
5,100
32%
45 Va
74%
(• 600
f
-
135%
32%
65
12%
>132
32%
r
*40 " '/■ 40%
15%
*85%
v-
200
V
15%
15%
46
78
30%
12%
15%
75
■
2,400
8,100
85%
16
87
78
60%
*£•'4
135%
*20%
-
% 500
:
.
15
15%
-
10%
40%
*40
58%
45%
*85%
>75
:
V';
32%
'
65
30%
..
12%::;
40%
74%.
,
132
,
30
,
14% :
v.'
87
,
15%
135%|'
32%
21%
>%9
9 Va
*15%.
15% i
>5%
*19
104.12
11,900
*83
:
No par
Youngstown Sheet & Tube—-No par
May
9%
*15%
87
*76
Young Spring & Wire
9,400
87
75
12%
15%
*83
86
*40
29
15 %
87
75
50
29
15%
58%
86
4,800
20,400
29
■
15 Va
16
46,l
/V 100
-v
16%
103
8%
135%
46%
22
.
*105
14%
*32
32%
.45%
K
57%
'
•132
*132 V i 135%
150
105
56%
15%
32
16%
16 Va
,
,
25%
21%
16%
9%
& 15%
46
\
*24%
"<■:
21%
15
15
*83
16
-
25
i, 2,000
88
57%
14%
85 %
*83
9%
9%
57%
-
*87
/V 14%
9
57
9%
160
44 Va
29
15%
58%;
290
*43%
87%
:
700
;
93
luO
,
15%
28%
';i y"
40%
92%
105
15%
*56%
40%
44
25
97
•(•*27%
75
1
*93
2
114.8
300
35
'
5
Dec
100
500
100 Va
2i;;
15%
28%
No par
Mff Co.
14%
95
85%
aerlM—10o
preferred.
15%
Jan
Sep
7,600
24,900
95
100
i
99
.
*87:
79% Jan
18% Jan
Dec
18 Va
*94
93
b5
43%
[ *24%
25
•V. 21 ,;C' 21%
22% V,;
15
87
16%
84
20%
par
;;
87
15%
14%
46
aerl««——.100
conv
>
43%
28%
9
32
—10
25%
88
93.
•.
43%
21%
rv
39
93
95
16%
•''
*132
100
Co
39
*93
V,
21
104.25
38%
109 Va
34%
27
100.4
100
5.500
28%
38%
28 Va
21
111.23
800
22%
22%
38%
34%
4,400
72
36%
29%
83%
'
10
common
cum
72
*92%
"
*24%
7
14%
16
57%
common—10 ..;j ;;>'16
i
V*
14%
No par
—
'
♦29%
Towne
Com
*69
70
..
x94%
44 %
22%
57%
.21
&
33%
*2,9%
i6%
Aeronautical
4%%
36
33
95
29%
Yale
York
30.500
13%
35
95
i6 j/a
---
9%
19
14%
14%
36
x27%
,
2,300
33
15% Feb
Lowest
1.300
,
40%
32%
*93
>28%
Co
Prior pfd 4% %
Prior pfd 4V»%
Wright
40
40
33%
65% Feb
The
230
7%
13%
Oct
the week,
7%
13%
Oct
♦Bid and
>'•
3,100
106
*105
,
7%
33 %
83
14% May
5% Jun
106
7% '
40
33
23%
May
46%
46
*105
-•39%
14% May
>3% May
y
45%
J
95
*93
A
2
109%
16%
28%
93
95
% 44
% 87%
88
22
14%
92%
*93
42$;$ ,"■'26,;':-:
21%
,
Wyandotte Worsted Co
10
87
26 V*
>
4
13% Jan
110
16V
95%
38%
38%
V
44 ■'>/
t- 43%
%
.
92%
95 >
*92
86%
No par
43% Jan
110
17
27%
34%
*34
,
38%-
*38
>
o '
43%
Wrigley (Wm) Jr (Del)
34% Jan
34%
92%
95
13
27
21
10% Feb
110 "
38 Va
100%
100%
*34
21%
Worthtngton P & M (Del)—■
New
u
1
_No
8
10% May
100%
*99%
'
4'
Mar 23
106
*94
28%
—20
_
(F W)
83
.
106
12%
94%
93
'
No par
Pwr
Iron
38% Mar 13
27% Feb
Co
El
Woodward
c
28
94%
—-—-—-5
com
Woolworth
Jan
106
*32%
38%
38%
94'
-_1
preferred
Jan
89
9
Mar
$4.25
Wisconsin
81% Feb
5
60% Mar 19
Feb
Wilson & Co Inc
Wilson-Jones
3
106
22
29
*25»A
com
Willys-Overland Motor*
$4.50 conv pfd series A
9
Apr
100
106
40
22%
22%
22%
38%
100%
,,.*92,
_No par
—
Co—L.
8
22% Apr 22
14
20% Apr
75
13
Machine
33% Apr 30
11
116
45%
70„
28%
—1
Co—
48
5
53
116
105
73
37%
' 38%
*99%
No par
preference
On
Jan
xl38
Mar 19
Dec
May
Prior
17% Jan
19
Mar 30
Dec
116%
Prod—
preference
conv
Wilcox
88% Jan 21
9
Jim
Dec
■t
28
60% May 7
16 y* Jan 21
Mar
■
15%
33%
6
May
Jan
94%
$4
9% Apr 23
6% Mar 17
51
16
Oct
(
6
Apr
130
116"
33%
94
*38
Sewing
9
108
40
.
28%
35
—
23
Feb
37,800
108
*108
7% ?v 7%
40
:
*69%
:
V*
22
38
*34
preferred
No par
Wheeling
L Erie Ry com.—100
Wheeling Steel Corp com
No par
$5 conv prior pref_—L—-No par
White Dental Mfg (The S S)„„—20
Feb
Dec
39%
95
28%
12.50
Instrument-
Feb
12%
43
37%
*94
$3.75
May
.13%
22 Va
series A
_100
pfd series B__—100
Elec
:
12 V*
22%
•
No par
_12 Va
Brake
Air
Common
105
39%
12%
pfd
cum
2
34
31%
com
Westlnghouse Electric com
4
July
135
Co
Union Teleg class A_No par
May
29% May
,
39%
73
43% Jan
90
12 V*
32%
117
105
*69
93
Feb
39%
Shares
17%
17 Va
17%
109
45
-
:
7%
73
7
90
45
105
7%
■
7%
39%
7%
V-
106
7%
■//
*69
5
Feb
*7%
.
45
*104
44%
44%
*104
.
100
RR
series
Preferred
95% Apr 23
100% May 4
Jan
106
17
17
13%
Jan
17%
8ep
10% May
88% Dec
1
•'
45%
*104
110
108%
117
:
33%
15
35% Apr
*44%
com__No par
100
*
17
v
$ per share
$ per share
17
108%
34
34
6% May
16%
110
16%
13%
34% Feb
9% May
51%
109%
17%
HO
16%
33
29%
5% May
109 V*
"
106%
*109%
—5
33 V*
85
26% May
19% May
84
109 V*
pfd
34
101% Mar
Dec
*105 Va
32%
76
62% Mar
106%
Inc
Westvaco Chlorine
Dec
*105%
*33
102% July
*
82%
106%
Supply
Westinghouse
55
*105%
*105
34
5
106% July
Dec
Nov
116%
32V*
26
11
116%
♦33
38% Apr
11
116%
*31
Pacific
30% Jan
13
25% Feb
94%
6
Western
32% Feb
116%
No par
Western
7
May
23
85% Feb
Oct
118
-
-10
Western Maryland Ry com—100
4% non-cum 2nd pfd
100
Auto
23% Apr
Dec
♦116%
100
—100
100
Coke
&
Western
11
Aug
109%
109%
the Week
'
24
31
——No par
Lines
35% Apr
72% Jan
105
30
38%
14% May
Air
5
Mar
64
15%
*100%
preferred
Western
10
36
11
28 % Feb
Dec
88
4 % %
8% Jan 29
44% Jan
Coal
18% Feb
Feb
Mar
15%
109%
—
16
17
15%
*108%
"
May 7: <
May 6
S per share
15%
15%
West Va Pulp & Paper
7
19
Apr
Va
May 5
$ per share
t per share
I per share
for
Sales
Friday
Thursday
''
'
,
15%
preferred
preferred
West
May 4
*108%
West Penn Power 4%%
23
46 % May
106
2
32%
>
6%
108% Jan
75%
5% May
38% May
1%
11
113
May
105
21
13
105% Feb
Jan
16 V* Apr
*32%
109% Apr
117% Jan
15
Tuesday
i
May 3
(The)—No par
Co
Elec
Class A —.i-
103% Mar 29
116 % Aug
Penn
Monday
May 1
Par
West
7
J
Saturday
f per share
17% May
13
104% Mar 16
xl 13'A
Jan
STOCK
YORK
EXCHANGE
Highest
share
13% Feb
NEW
• -
PRICES
SALE
HIGH
AND
•
>
Year 1947
Lowest
r
-1972
*97.24
98
98
98
♦99.4
99.16
99.2
99.2
Registered bond transaction.
98.12
*98.2
99-5
•
98.2
98.4
►98.2
98.12
*98.2
98.8
31,000
99.5
99.4
99.4
►99.4
44.10
99.8
99.8
14,000
COMMERCIAL
THE
Number 4697
Volume 167
&
FINANCIAL
CHRONICLE
y'V-/ %
YORK
NEW
/
Interest
Stock Exchange
Last
Feriod
bonds
York
New
Sale Price
or
Range Since
Sold
January 1
'
Low
No.
High
BOND s
York
New
Stock
■
104% 105'a
6s__^
100%
■
Registered
Sale Price
Week's
-
Range
Friday's
or
Bid & Asked
107
107
El
3%s extl
High
81%
81 '/a
81%
6
68
95
F-A
72%
72'/a
74
24
59
90
A-O
63'/a
62%
64
35
54%
82
64%
64%
11
58
65
44%
48%
of)—
Jan 1,1976
Jan 1,1976
f $
s
Low
J-J
1955
f $
s
Range Since
January 1
No.
1942
:
External gold 4'/2S
Salvador (Republic
4s extl
Bonds
Sold
High
.1962
External gold 5'/aS,
34
10311
1980
105
Last
Period
Low
JADenmark 20-year extl
J-D
Internal <
,
Exchange
High
Issue—
Corporate Stock
3%
Bonds
-
City
York
New
V.
7
Friday
"
Friday's
Bid A Asked
Low
Transit Unification
RECORD
MAY
Week's Range
Friday
......
BOND
RANGE FOR WEEK ENDED
J-J
J-J
47
47
47
3
J-J
40
40
10
1967
J-J
*—
20
1949
3s extl s f $
M-S
^_Jan 1, 1976
A Estonia
(Republic of)
French Republic extl 7s
7s_:
38
41
101
*101%
104
Greek Government—
A 7s
part paid
1964
7%
8
A 6s
Foreign Securities
6%
part paid
1968
F-A
6
6%
21
1960
A-O
*55
59%
5Y*
54
1960
M-N
Helsin^fors (City) ext 6'/2s
Irish Free State extl
Italian
(Republic) extl
Italian
Credit
Wertheim & Co.
120
REctor 2-2300
Italian
132
F-A
60% ;
64
60
M-8
;
■
.
*60
J -J
66
40 •; >
*33
31%
-
2
33.
33,
1st series——1957
A-O
*33
33%
33
A-0
*33
35
32
f 7s 3rd series__1957
A-O
*33
35
/ 33%
403%
external 5s_j—„_1958
Australia (Comraonw 1th) 5s of *25-1955
10-year 3'As
1956
10-year 3'As ~
—r-.~.———1957
J-D
90
92
3VaS
3 \'i s
15-year 3%s
Belgium external
20-year
20-year
.
s
f
6s
External
s
f
7s
JABrazil
(U
of)
S
J.J
,
i 2
97%
.
F-A
90%
88%
89
107'/a
110
J-D
*56
85
89 l/a
i
85%
92
J
83 y8
-91%
f
11
99%
1043%
3>,
106 y8
108'%
>
.AExternal s f 6%s of 1926—
114'%
50%
62
:
62
J-D
*44
A-O
57
373%
49
58
57
50
22
42
43%
40
377%
58
58'/a
8
50%
62%
1979
1952
A-O
42%
42%
37%
49%
J-D
*56
—
56%
61
1978
1931 due„1951
Stamped pursuant to Plan A
(Int reduced to 3.3757< )-—1979
J-D
*44
50
38
49
42%
to 3.375%)
A7s (Central Ry)__——
Stamped pursuant to Plan A
(Int reduced to 3.5%)
External
33As
Series
Series
No.
3%s
Series
No.
33As
Series
No.
...
J-D
9
49
58%
1
y\
58
58
1
48%
58%
58
13
46%
59
55%
58
12
51
59
56
56
58%
59
J-D
33As
Series
No.
3%s
Series
No.
33As
Series
No.
33As
Series
No.
8——
58
•
58
,55%
58
•
,.
J-D
1*
48
6
;
52
58
59
59
33As
Series
No.
9—
J-D
-33As
8eries
No.
10———
J-D
11—
J-D
J-D
53
Series
No.
3%s
Series
No.
3%s
Series
3%s
Series
No.
No.
3%s
Series
No.
3%s
Series
No.
3%s
Series
No.
3%s
Series
No.
3%s
Series
*54%
54%
J-D
54%
54%
J-D
17-—II—"—I—Z
57.v
;'v
59
51%
57
51%
56%
47%
60
*54%
f
56%
19-—
J-D
44
No.
20—u——
J-D
*54%
52
21_—
J-D
*54%
51%
51%
3%s
Series
No.
22—
J-D
*54%
51%
3%s
Series
No.
23--—,
J-D
■47%
58
33As
Series
No.
24-.
J-D
*54%
54%
55.-
J-D
*54%
50
J-D
*54%
48
3%s
Series
3%s
Series
No.
No.
25—-—.
26———-.
'Z'57
;
13
S7 HWj
54%
60.
-i
■
No.
27
55
28—.
J-D
*54%
54%
54%
J-D
*54%
48
52%
57
3%s
Series
No,
29-
Series
No.
30——
(City),
Brisbane
1957
—.—1958
1950
Sinking fund gold 5s
Sinking fund gold 6s
Canada (Dominion of) 4s
95
J-D
101
104 3/e 1043%
47
103%
J-J
.J.J
*37
External s f 7s__—1942
§ A 7s assented
1942
AExternal sinking fund 6s
--I960
M-N
*223/4
—-I960
Feb 1961
Feb 1961
A-O
8s_
(Rep)
sinking fund 6sassented
A6s
—
i04%
227/a
23 %
32
18%
1
19%
24%
1
23%
22
18 %■
23%
Bank
Mortgage
A6%s assented
A Sinking
fund
6V2S-
——
63As——
A63As assented
—;
AChlnese
(Hukuang
Of
1928—
A 6s
of
Jan 1961
f S bonds
J-D
'23
23
23
19%
21
18
1
19
223%
3
18
i
(
*38
F-A
I
10
70
70
48
1977
.
Sinking fund 5V2S
1953
ACzechoslovakia, (Rep of) 8s ser A-1951,
ASinking fund 8s series B—
J-J
1952
A-O
6%s
sec
extl
loan
•
■
see
33
'
33
27
*30 "
27
J-D
*25%
J-J
*28
32
32
J-J
*24%
24
26
33
34%
27%
30
31'
34% '34%
A-O
30
external
1946
1921
of
loan
to
reduced
22%
external
18
27%
A-O;
5
37%
34%
37%
26%
27%
A-O
*25%
J-D
*30
35
.2012
J-D
24%
to_
page
;
28.
52
30%
31
2
22
24%
24%
22
34
28
33
33
*24'/a
29
24%
27
24%
25
*28
*24
J-D
♦32
.2004
J-D
.1952
A-O
-1952
8s
27
24
M-N
M-N
.1967
2.25% )
"Mil-
29
.1966
.2004
1926—
6
32
.1968
6'/2 s
(City)
22%
37%
22%
28
.1999
loan
(City of)
30
24%
28%
'24%
18
31
33%
14
39
*35
M-N
35%
.2001
M-N
25
25%
.1957
M-N
'29
29
31
.2012
M-N
*22
36%
22
25
.1936
J-J
1999
J-J
*28
40
33%
39
1950
J-J
.1999
J-J
.1956
M-S
25%
—
Stamped pursuant to Plan
(Int reduced to 2.25%)
37
34
--
34%
J-J
.1968
J-J
*32
.2012
A-O
♦26%
.1940
A-O
88
88
1978
A-O
73%
74
•
38
4tf
27%
1
',
46
27
1
29
29
*25
.2004
;,A6s extl dollar loan
——
Stamped pursuant to Plan
(Int reduced to 2%)--—
lASecured s, f 7s——Stamped pursuant to Plan
."
(Int reduced to 3.5%)—
2
35%
34
32
1
41
35%
26
357/s
83%
89
67
.
76
-r
I
FOREIGN SECURITIES
4
41
/" 16
58-.
82
11
53%
,
13%
f'7
FOREIGN SECURITIES
101'/a
31
114
118
■V-f (
52
53
'
1
108%
50 Broad
SPECIALISTS
St, New York 4, N. Y.
110
60
HQ :t
Telephone HAnover
110%
53
I*
«...
r.ABL MARKS & P.O. INC.
18
100
.
'
79
9
68
MARKETS
.
10211
100%
110
_
FIRM TRADING
44
102 3/a
63
Financial Inetitution*
2-0050
,
,
Teletype NY 1-071
I '•,(;
(int reduced
extended
footnotes
9%
6%
i3!■> jV
(State of)
11
35
I
,
70
■
■—
For
I—
of
45
15%
,*68 %
A-O
1960
63%
110
.
.2006
to 2.25%)
(City of) 8s_i_. 1946-
75
114% 114%
J-D
reduced
•
,73%
42%
69%
100
A-Q
.1966
9%'
41%,
*1023%
F-A
to
loan 7%s
For
44..,
613%
M-S
J-D
to Plan A
2.375%). *****Mi .2001
9%
12%
7
10
•%
17
5%
v
38
42
68 3%
69%
613%
M-N
■v
41.%
40
*14%
J-D
M-N
(Republic of) 5s of 1914—1949
External loan 4%s_-—
—1949
assented
23
*38:
1951
9 Tb
v
17
9%
*7V8
23
17%
18
71
M-N
1952
1953
reduced
(Int
:«
38%
40
J-J
J-J
1961
8s
22 3/4
.
19
23
*41%
7s„1
4%s external debt—
2
*65
J-J
gold
11950
1963
fund
»%
9 Va
—
23%
70
;
*7'/«
„
*6V2
23 V»
23%
i'; "5
71
A-O
32
-
233/4
23%
22%
•
—____.4 -1968
95
106
23
23%
*23
:■/
J-D
-
-20%
'18%
'
:
23
24 ,r.
22'%
■
M-S
A-O
i' v
23%
M-N
M-S
(
23%
18
*16%
-
,
I
23
M-N
/
23%
.20
A-O
Stamped pursuant to Plan
(Int reduced to 2.5%) —
A7s extl water loan———;
/
23%
233%
:
A-O
Cuba
6%)
23
A-O
A-O
5s——
25-year gold 4%s
Rica
(Rep of)
ACosta
to
24
1947
1946
—1947
jASinking fund 7s of 1927-,
Stamped
24
—.—1970
JASinking fund 7s of 1926
(City)
1
/
—
JAColombia Mtge Bank 6V2S
Copenhagen
29;
24
A-O
Oct 1961
1927
3s external s
23
J-D
5s_——1951
Ry)
.
A-O
Stamped pursuant to Plan
(Int reduced to 2%)—..
fASan Paulo (State) 8s___.^—
Stamped pursuant to Plan
(Int reduced to 2.5%) —
■
i"',
23%;
18%
2J
23%
sink
*6
A-O
/
:,V
,
22%
/
17
17%
17%
Stamped pursuant to Plan
/
23%
23'/8
21%
*23%
22%
23 y8
19%
27
14%
14%
14%
.1940
f
i. Stamped pursuant to Plan
(Int reduced to 2.5 % )___
A6s external sink fund gold
A8s
'I.'./''
23% i...-.
223/4
~3
23%
of)—.Vv
(Republic
A6s
23
23%
J-D
—•————1960
,
■■
18%
*23%
J-D
6s———1961
———1961.
AGuaranteed sink fund 6s—x—1962
A 6s assented——
.——1962
AChilean Cons Munic 7s—..
,—1960
Colombia
23%
M-N
M-N
:
20%
~6
*223%
A-O
assented
A7s assented
23%
23%
*23 %
A-O
AGuaranteed. sink fund
A 6s
22%
233/4
M-S
1951
.——1957
—1961
1961
•
18%
29
22
Alegre (City of) 8s
ASao Paulo
/
'•
M-S
fund 6s„i
assented
—
A Chile
23%
23%
243%
223/4
233/4
32
38
-1958
s
Stamped pursuant to Plan A
(Int reduced to 2.375%)
-
22%
;
27
*23
95
80%
:
Stamped pursuant to Plan A
A Rome
-
243/s
20%
*26
7s__i>i11947
gold 6s—
A6%s extl secured s f—_—
.
23%
*23%
M-S
80%
84 i
53
6s 2d
vStamped pursuant to Plan
V; - ./•
(Int reduced to 2.375%)
24
243/8
^—Jan 1961
Sep 1961
Sep 1961
AExternal sinking fund 6s
__1962
A6s assented
————1962
AExternal sinking fund 6s
1963
A 6s assented
1963
sinking
/
;
//•;■;
23 Vs
;
',
fl-
■■
Z''
23%
:
J-J
A6s
39% ■
.19%
102
.1947
Stamped pursuant to Plan
(Int reduced to 2.25%)
223/<
18%
6
102
102
15%
"
*s
v
'I-. /
F-A
J.J
AExtl
21
24%
102
14%
A7s
\j:'4
F-A
6s——Jan 1961
ARy external s f
A 6s assented
23%
24%
M-N
A-O
*82 y8
M-S
15%
„
'
1
?,
1043/4 ■/■„;,;
,19
*82
J-D
1967
7s
M-N
1994
A-O
(Rep of)
93
1963
of)
6s
f
s
92
69
70%
92
1
Stamped pursuant to Plan
(Int reduced to 2%)
104%
39%
69
70%
1961
i
102
1013/8
103%
A-O
73%
ser
extl
A7s municipal
94,
40
1955
93%
66%
*70
F-A
■
99
3
1043/B 104%
1043/4
1954
(City)
A6s assented
f
v'v
V2
1961
AExtl
r
v
96%
95
J-D
69%
F-A
.
■;;'/
101%
94%
11
101%
—:
JAChile
„•
96%
F-A
——
3'As—
25-year
A Carlsbad
.
A-O
*54'%
•?V
M-S
1960
f 5s—:
s
J-D
—
_1970
1953
/jZ
54 y» 11
3%s
A-O
A-O
*
No.
10
68%
67%
94%
18
16
IA8s
,jv.r k
Series
56%
43
69%
F-A
136
f
s
',„i Rio Grande do Sul
;/
.■:/ ?•
Series
r.
70
69
A-O
1963
15%
! /,
,
3%s
/,; 56
97%
69 Vb
69
1965
Stamped pursuant to Plan A
-2012
/v/'(Int reduced to 2%)
3%s
56%
25
95%
75
.2001
56% r. /
56%
J-D
23%
90
31
15%
57%
—
''•
go
8
77%
14%
AExternal
57%
10
29
>23%
-14%
of)
IARio de Janeiro
56%
No.
57%
24%
33
15%
vV
57%
Series
Series
54%
19%
30
J-D
(Int
:»
3%s
57%
29
M-S
(Int
I-
3%s
No.
32
1960
AExternal
'
J-D
30'/a
13%
92%
5s
(State
Stamped pursuant
.i
56%
11
39%
1959
v
52
<
31
'30%
f
ser___,
(Rep
APorto
*54%
-
18
76%
ext to—
ref 3l/aS series B
1
extl
;
•
■'
13%
24%
91%
A4'/2S assented
i
5
54%
13%
24%
77
3'As
A4%s assented
65
5
60%
J-D
*12%.
>
___1957
assented
mod
AExternal
5
(
*56
J-D
*13
J-J
91%
loan.
(Republic)—
Stamped
■
56%
58%
J-D
——
J-J
A-O
M-S
A4%s assented
I
65" V
48
*54%
3%s
9%
13 '
M-N
4'As—
fund
extl
AStabilization loan
62%
64 3%
57%
*59
7
8
8%
'10
,_1957
external
f
s
§APoland
'
49%
■*54%
0%
1st
1
63
62%
58'
sink
sink fund
/,
54
*59
J-D
7.
external 7s_____.
.; ■/
58%
,<■
6%
M-S
ANat loan
53
V)
■*
J-D
j.j
,
__1956
3%s
4%s.^
(Kingdom)
ANat loan
55%
58
.
J-D
—
•
10%
a
M-S
49%
J-D
2————,
V
.
16
10%
8,
Stamped pursuant to Plan A: *
(Int reduced to 2.125% )_____. 2008
J-D
1_—.
No.
3%s
_1952
f 6%s_
s
JAPernambuco
37%
15
42%
1933
1942, agree_1963
(State)—
(Kingdom of)
Ext sec
(Plan B) —
1944
of
bonds
$
42%
13%
8
*26
APeru
A-O
1913 assent
7%
J-D
J-J
6'/2S__-
37
18
J-J
1942, agree_1963
5,
34
6%
*23%
Btamp
funding bonds of
.
,
*6
M-S
Panama
A
..
-27%
38
Q-J
J-J
Municipal Bank extl s f 5s
Oslo (City) sink fund 4'/2S___
49%
A-O
19%
1«%
20%
8
*5
M-S
3VaS
62%
A-O
5%
1
_„_1959
External
Stamped pursuant to Plan A
(Int reduced
17
Q-J
M-S
Norway
49%
J-'
Geraes
Netherlands
!'
■
■
f 6%s of 1927—1957
s
23%
28
29%
J-J
__1945
ASec external s f 6%s„_.
/!
:v
Stamped pursuant to Plan A
(Int reduced to 3.375%)——1979
AExternal
/12
M-N
___1958
4s
1978
1957
reduced to 3.5%)
(Int
46
Stamped pursuant to Plan A
(Int reduced to 2.125 %)____2008
:
•
107%
■V:/
:Stamped pursuant to Plan A
s
16%
*24%
J-D
Stamped pursuant to Han A.
(Int reduced to 2.11 >%)
2008
,
110
(City of)
A8ec external
f
87%
39
107% 107%
110 tj
1941
8s
J-J
J-D
Minas
i
16j
1955
1954
_
1942, agree_1968
AAss'td to Nov. 5,
AMllan
J
■
93
8
100'/a
100
Nov/5, 1942, agree.1963
SATreasury 6s of
?■:
V
9
87 '%
86 %
M-S
,_„_1945
4s of 1904__.__
Ass'td to Nov.
>
92 3%
'
■
agree_1968
of 1899 £__1945
JAAssenting 4s of 1910
102
87%
-1943
1942,
5,
extl 5s
Ass'td to Nov. 5,
99
97
25
87%
J-D
»
12
89%
90%
J-D
'
1955
external
182
93%
91.
89
J-D
1966
1962
1949
73
11
90 yB
98%
F-A
1967
e'/aS——
External
33
.
——;
—
J-J
(US)
jAAssenting 5s of *1899.
40%
.
1954
—
Ass'td to Nov
38%
series—1957
7s 2d
6%s
§A4%8 assented
.
JAMexico
40%
s
15%
Irrigation—
40
sec
31
16 %
5%
ASs'td to
33
(City)
22
39%
A Assenting
31
AExternal
2
5%
^40
:
34
AAntwerp
26
*32%
■40%
33
33
f
22
26
J-D
92%
33
s
to 3%
1%
Italy
t
*33
7s
12
26
A-O
,
J-J
sec
43
(Colombia)
65
65 y8
62
62
*61
1945
f 7s series C
^_1945
f 7s scries D—,—1945
External
J-J
12
17%
Mexican
J-J
A
J-J
19%
Utility-
•
1945
AExternal s f
M-S
S% 100
%
23%
18%
Medeliin
A-O
7%
16
19%
(Kingdom of) 7s_. i_______1951
AJugloslavia (State Mtge Bk) 7s__1957
(Dept) coll 7s A_
JAExternal s
J-J
1952
9%
78
'100
J-J
1977
3%
to
AExternal 7s
A
JAExternal s f 7s series B
s
Public
Credit Institute
NY 1-1693
Broadway, New York
Agricultural Mtge Bank (Colombia)—
S AGtd sink fund 6s
__1947
AGtd sink fund 6s
1948
Akershus (King of Norway) 4s
1968
JAExternal
1977
1977
1947
1%
§A7s series
Teletype
Fereign Govt. & Municipal
iAAntioquia
f l-3s
5
7%
Consortium for
Public Works
Members New York Stock Exchange
Telephone
f 5s_
s
M-N
■
■
'f/'i
.l-.'.l
■
't
I'M
3
.
THE
&
COMMERCIAL
NEW
YORK
FINANCIAL CHRONICLE
BOND
RECORD
RANGE FOR WEEK ENDED
Friday
Interest
bonds
Period
Exchange
Stock
York
New
Last
Sale Price
& Slovenes
Croats
A8s
or
Friday's
Bid & Asked
A7s
B
Sydney
extl
sec
No.
Low
County
3%s
sink
3%-4-4%s
Chesapeake
General
Ref
External
3%-4%-4,5„s extl
4-4%-4%s extl
AWarsaw
A4 V2S
(City)
1st
4s
1
j
Range Sinee
January 1 >-■
Sold
No.
128
Low
128 %
4Vis series B
ref
mtge
104 % 104%
100%
104%
101%
105%
T15J/4 118
115
110 Mi
108
112
1093/4
1985
117
110%
120
—1977
3%S——
130
105% 105%
1989
-1989 :
112
93
2%s_———1970
Eastern 111 RR—
1003/h
91
ref mtge
&
High
121
——————-——1958
ref
&
AGen
i
High
Bonds
..
-
—1992
gold 4s
cons
Si
Chicago
1
973/8
inc conv 5s—.—1997
mtge
1st mtge 3%s ser B—'
-—1985
1
7s
Chicago & Erie 1st gold 5s—„
—_1
external
-
•
—_
1st
———1
readjustment
Provinces
Div
General
<'
1st &
3%s extl readjustment--,
AVenetian
Ry:—
— —
—
conv
Bid & Asked
2d consol gold 4s.._
Chicago Burlington & Quincy RR—
1
conversion
Week's Range
er Friday's
Sale Price
impt mtge 3%s D—
1996
impt M 3%s series E—1996
A
&
Si. Ohio
gold 4Vbs
1st
of
readjustment—
External
&
R
6s——1
bond
1937)
&
Ref
1
fund
($
Last
Period
Exchange
Low
8 A Uruguay
(Republic) extl 8s——1
AExternal sink fund 6s——-1
AExternal
Stock
High
1
Council
York
New
——1
7s
Interest
BONDS
Range Since
January 1
——1
extl
(Prov of)
assented
A4%s
Sold
1
series
ASilesia
High
Friday
Bonds
(Kingdom)
external
secured
MAY 7
Week's Range
Low
Serbs
Monday, May 10, 1948
1982
Chicago Gt West 1st 4s series A—1988
1
7s
assented
AGen
1
inc
mtge
4%s
Jan 1 2038
Chicago Ind & Louisville Ry—
A 1st
19'/8
100%
104 %
1033/4
107%
Milw
Chic
1st
97 i' 100
82
mtge
inc ser A
4s
Jan 1983
A 2d mtge 4%s inc ser A
Jan 2003
Chicago Ind & Sou 50-year 4s.;—1956
28
83
98%
103%
90%
96%
85%
91 %
101%
90 %
inc ser B_
__Jan 1 2044
North Western Ry—
*
conv inc 4%S—Jan 11999
mtge
107%
94%
91%
A—Jan 1 2019-
ser
1st mtge 3s ser B„_—_—1989
Chicago Rock Island & Pacific Ry—
1st mtge 4s series A
I—1994
95%
92»/2
RR—
Pac
4%s inc
conv
Chicago &
2nd
&
4s ser A———1994
mtge
4%s
94%
85%
Paul
St
mtge
Gen
97
Gen
4%s ser A__Jan 2019
mtge conv
106%
32%/
105% 106%
82%
81
Chicago St L &.New Orleans 5s„_1951
Gold 3Vis
—1951
106%
113%
Memphis Div 1st gold 4s——1951
101
102%
Chic Terre Haute & S'eastern Ry—
1st & ref M 2%-4%8
u-—1994
100%
73
96%
102 %
81
Income 23,4-4%s
100
,1994
—-
Chicago Union Station-— ; J5
,
>
1st mtge 3 Vas: series F———1963;
,
104% 104%
123%
102%
1043/4
1st
*100% 101J/4
100
111%
111%
102 %
Chic &
1952
105% 105%
103
1063/a
105%
111%
> 1st & ref 4%S series D———1962
106% 106%
102
106%
1153/4
mtge 2%s ser
Cine Gas
& Elec
Cincinnati
1st
G_— 1963
West'n Indiana conv 4s
1st mtge 2%s—„1975
Terminal—
Union
gtd 3%s series E——1969
2%s ser G————
—1974
City Ice 81 Fuel- 2%s debs_n—1966
mtge
1st mtge
City. Investing Co
/ Cleve
Cin
Chic
"/General
General
Baltimore & Ohio RR—
1st
mtge 4s
Ref &
A
ser
mtge 5(/o
ser
B
and'1% contingent
gen mtge
and 3%
Series
'
G
(2%
fixed
1st
ref
M
Con ref
4s
4s___
4s
D
2%s
ser
I—
nitge 2%s
ser
J
ser
1st
modified
May 1
Terminal
Consolidated
Bush Term
Co—
—'_1973
3%s
_1977
Tol
Si
1st
.—'-1980
extl
4s
(interest
4s
River Pwr
Consolidated
ist
&
1st
/
Cigar
*103%
1033/4 104
—
& ref
ref
107% 107%
Corp .3 %S—
mtge 23/4s
*96%
Consumers
97%
95 /
95%
95 %
923/4 * ; 95%
99
97
3s
series
Power
Continental
Steel
§ACuba
Northern
ADeposit
ACuba
ji;
D——
1975
A 6s
A
ser
B
set
1965
100
.1966
3s
2%s.
A:
Deere
*99% 104
1962
114
debs
^Central of Georgia Ry—
$ A 1st mtge 5s
:—:
1960
1960
gen
5%s series
&
gen
5s series C
B
1959
1959
AChatt Div pur money
gold 4s__1951
§ A Mobile Div 1st gold 5s—
1946
Central Illinois Light 3%8—
5 A Central of N J gen gold 5s
N
105
■
*.'
111%
114
108%
,i
92%
54%.
37%
—_————
goldH_—
41%
80%
83
32 %
:
deposit rcts_'— _i.
36
333%.
37%
35%
deposit rets———.
1966
1987
Si
108 %
111%
Y
Lack
110%
112%
107%
106%
36%
*983/a
5s ser
.
Essex
Si
Tr
div
division '
York
.
3s
82%
107
Delaware
,
1st
mtge
-1TM
100%
102%
99
Si
A
ser
5s
fixed
/
inth^j;_^—_^—1993
mtge ser A
(4%%
contingent int)^
Income
(3%
mtge
/;
i}X
___—2018
Denver & Salt Lake—
100
•
/////ry-.
fixed
'
;;
t
•
'
•
'1%
Detroit
contingent/
Edison
63%
76 Vb
39%
57%
Gen
&
6%
9 %
Gen
&
6%
9%
52
67%
18%
25
107
107%
3V2S
ref 3s
ref
series.G——1966
series
2%s
int)-__-_—1993
H—
series
Detroit & Mack 1st lien
A Second
gold
Detroit Term
Det Tol &
Dow
&
102%
103%
96%
75
68%
58 %
68 J
103
103%
4%s__.—-_1961
RR 2%s ser B_„1976
2.35s
debs—.—_—1961
t§ADul So Shore & Atl gold 5s—„1937
Duquesne
32 Vb
97%
84%
97%
97%
"
:
71
63
96
-
103 %
81
'
96%
84%
98
,37
97%
84%
104%
96
*60
-
110%
97%
4s_———T_1995
55%
102
,_1974
57%
Light Co
2%S——^_1977
453i
100
47 Vb
100 %
38
48
98%
100%
1033/4
-1974
1968
East Tenn
Ed El 111
Va
& Ga Div
(NY)
Elgin Joliet
&
1st 5s.
1st cons
gold 5s
East Ry
3%s__
El Paso & S'western. 1st 5s—
5s
page 28.
108
103
*69
Tunnel
'
109% 109%
gold 4s_r_1995
Ironton
Chemical
—1970
I———.1982
51
stamp (partial redemption) —1942
-Champion Paper & Fibre deb 3s—1965
see
' 95%
89
(3%
contingent
AIncome
67%
102 %
1st mtge 3%s ser B
f A Central RR Si Banking Co
r.
Denver & Rio Grande West RR—
96
108%
58 Vb
Power
32%
1st & ref series A
1949)
94
1st mtge & coll tr 3%s————1977
37%
Central Pacific 1st ref gtd gold 4s_1949
1
93%:
'
' /
35%
1987
Power
101% 10134
—1993
'
1987
4s
registered
r
99
103%
103% ,103 Va
100
1013/4
-——May 1 2042
Light 3s—__i,_1973
—1987
registered
104%
C-u-—__^_1973
due——-—
4-6s_
/
•
.
96
103%
'
__-^-1965
Western
99 V4
*102% 103%
107%
92%
94 %
107% 108%
102%
&
ref M
Si
Coll
112%
1123„
107 %
dcbs_
mtge
109%
112% 112%
2%s
AIncome
i
112
Co
Morris
109%
1948
—1945
&
ARef
101 %•
Nov 1945
gold 5s
A Ref
For footnotes
100
523/4
1942
1st ,5'/2S_.
101%
96
88
Delaware & Hudson 4s extended-—1963
Delaware, Lack & West RR Co—.
' v-
103%
1981
—1965
Corp 3%s debs
3%s debs (1947 issue)
A Cent Branch U
P 1st gold 4s
114
108% 108 "2
108% 108 7 8
„1970
Celotex
99%
100%
1st
—1957
;
99
10034 101%
1033% 103%
Oct 1969
^
mtge gtd 4s
Celanese Corp 3s
<
98
1952
Carthage 81 Adironack Ry—
to Aug
99%
1013/4 ,103
.——I960
gold 43As
—1955
Guaranteed gold 4%s
1950
Guaranteed gold 4%s
—1951
Pac Ry 4% deb stk
perpetual
Carolina Clinchfield & Ohio 4s
1965
(4% c/o
102% 102%
101 %
debs—-,:.
mtge 3%s—i.
Ry
1st 5s
102%
r'-'j'r
•
ADeposit .receipts •—i.
A 7 %s
-
1st
receipts
RR
C—
scr
1st mtge
Baking
Crucible
Can
Central New
97%
98
99
ref
&
97
A——
ser
**>'**:
Guaranteed
A4s
107%
——1955
Guaranteed gold 4%s
Guaranteed gold 5s
Guaranteed gold 5s
A5s
104%
106%
due——.1957
1
Canada Southern cons
gtd 5s
Canadian National Ry—
General
101%
-
mtge 2%s
1st
California Elec Power 1st 3s______1976
Calif Oregon Power
3%s__—
i__1974
A
2
mtge 2%s ser B_i_—
ref
at
5s
Bldgs 5s gtd
SAConsol
8
6104 %
.
1st
■;
—
—
Co—
Dayton Pr & Lt 1st mtge 2%s—1975
1st mortgage'3s—————-1^^1978
Dayton Union Ry 3!/4S ser 3
—1965
'
1013A
106% 106%
A-1955
f 3%s A
s
106
96 %
100% 100 %
°100%
ref 4%Si/—<-
1955
1960
;
Edison
101%-
54% X56
debs_„1971
mtge 3s series L
Ry & L 1st &
1967
.—
101
Consolidated Edison of New York¬
—_i_1961
1947)
1st
Elec
Conn
Gen mtge 27/«s
—1976
Buffalo Niagara El 1st
mtge 2%s—1975
Buffalo Rochester &
Pgh Ry—
Bush
Si
Commonwealth
(Ernesto) Co 7s_———a_1954
Bklyn Union El 1st gold 5s
-—1950
Bklyn Union Gas 4s
debentures—.1969
to
Gas
Conn
A„—July 1970
A Breda
3%
series B
—
100% 100%
5%s series A—*.—.___— 1972
1st &
1st mtge 43/4S series JJ
1st mtge 4s scries RR
Stamped
Terminals
5s
Columbia
—1970
mtge 5s series AC
1st mtge 5s series II—
107
100%
HOIV'4
4%s——1961
^Columbus & H V 1st extl gold 4s„1948
Columbus Si Sou Ohio El 3%S——1970
1985
1st
AInc mtge 4%s
Union
100% 100%
1950
1st gtd
mtge 4%s series Ci—
Colorado & Southern Ry—.
4%s (stamped modified)-
——___1976
Boston & Maine RR—
104
gtd-
Jdne
1st
1951*
mtge
106% 107
105 vb 105%
3%s
1st mtge
—1951
Cons
104%
1st mtge
Beech Creek Extension
1st 3%s
1951
Bell Telephone of Pa 5s
series C__1960
Beneficial Indus Loan 2%s debs
1961
Bethlehem Steel Corp—
Cons
106
103%
C
RR—
-
103%
1982
D
Short
Cleveland
int)__1980
ser
—1970
:
—
Series
A
ser
3s—
3s_
Series
1980
——
stamped
1977
1st 4s_—1991
Si
Columbus
Bangor Si Aroostook
Div
Pittsburgh RR—
3%s gtd_—_
—.—1948
Cleve
1 2010
A
Toledo Cincinnati division
mortgage
Cleveland
--due Mar 1 1996
S'western div 1st mtge 5%
(3%% fxd & 1%% cont
&
Mich
&
Cleveland Elec Ilium
interest)—
——due Dec 1 1995
ii_due Mar 1 2000
conv
income——
Feb
Pgh Lake Erie 81 West Va—
1st lien
Wab
int)J_ July 1975
5%
series
.——1993
St Louis Div 1st coll trust 4s—_1990.
A4%s
4s
B
impt 4 % s series E
Cin
Ref & gen
mtge 6% (2%% fixed
and 3% 7c
contingent interest)—
Series J
due Dec 11995
Ref
1993
—
fixed
(4%
contingent
Series K_
Series M:
*
Ry—
J.
series
5s
1961
—
Louis
July 1975
1st
Ref Si
debs
4s
St
&
gold 4s
stamped
————_—
110
"112
156%
156%
102
1043/4
101%
105
100
101 %
Volume
Number 4697
167
THE
COMMERCIAL
NEW
CHRONICLE
FINANCIAL
&
BOND
YORK
RECORD
RANGE FOR WEEK ENDED MAY
7
'
Friday
Week'i Rang*
'
BONDS.
'
-
New York Stock
*
Interest
'
Exchange
.,
-East'-
Period
,
;•
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Sale Price
Railroad
Gen
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.
Bid & Asked
1st cons mtge
J-J
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ser
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1964
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ser
1st
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ser G—
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cons
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70 Vb
71
No.
Lew
*
.
J-J
F___——1990
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V*
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100
1971
Ohio Div 1st mtge 3VbS_'
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M-S
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6
83
83
80 Va
4s
stamped
Lorillard
100
96%
&
1st &
^Florida East Coast
A 1st
1st
4Vis
of
„_1974
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102
100
--
65 v..
63
104
90
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104
105
ref
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>
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35
6
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r—2000
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—
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J-J
2010
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RR—
v
series
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101
::
116
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88
93 Vb
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81 Va
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95
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9
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99
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63
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__
Apr
M-N
1976
99
76%
*
63%
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1st
Valley Ry
mtge 2%s_.l976
1st
4%s
93
99%
4
687/b
77
96=6
y 3
92 Va
96%
63%
56
56%
63%
93%
96
a
—1970
Hudson Coal 1st s t 5s series
A—1962
Hudson Co Gas 1st
gold 5s._^.—,.1949
Hudson & Manhattan 1st 5s A__
1957
•
yj AAidj income 5s_.
\
Illinois Bell
.......Feb
J-J
\
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M-N
F-A
■
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—1950
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-
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y X/ St Louis
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'
v
Div &> Term gold 3s__
J-J
;
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1
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i.'
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,
95%
95%
96%
88 Va
88 V*
89 Va,
83 Vb
84% v.;
National Steel Corp-1st
1st
J-J
-1970
-1950 ;
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100
%
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100
101 Va
102 Va
71
ioi
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58 Va
59
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^
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y A-O
i J-J
.
95
97
102
85 Vb
62
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%
55 Vb
55 Va
1959
-
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A 1st
."
"
76%
77Vb
21
71
J-J
64%
65
.4
61
J-J
65%
65%
3
61
64
65
29
47
67
71%
81%
85
series
5s
A-O
98
M-S
98
1st gtd gold 4s—1990
City Power & Light 2%s„1976
Kansas City Southern Ry 1st 3s
1st mtge 4s ser A—_
59
A-O
79
77%- 79%
51
35%
36%
352
30 Vb
39
79
78
79%
143
71%
82%/
78%
23%
78%
79
72
82
23
24%
78%
78
79
78%
77%
79%
M-N
A-O
102
Kansas
City Terminal Ry 2%S—1974
Kentucky Central gold 4s——1987
Kentucky & Indiana Term 4%s—1961
Stamped
i—:
1961
Plain
1961
X
/
Cons 4s series
56
Ref
'
J-D
3%s
75 Vb
y.
83
95%
98
Vb
•>■94%
3%s
98 Va
103
130
97 Vb
100 Vb
llOVa
114'/a
"*98
—
97
98
*112 Va
1964
A-O
1959
112%
98 Vb
♦170
:
M-S
97 Vb
169
"6
: .101 Va 101%
101%
*
1 VB
Gas
Light 4VaS
Lake Sh & Mich
3V2S
debs—
Sou gold
registered
Lautaro Nitrate
A 1st
1963
?
/
y
mtge income reg—i
.
-J-D
96
1997
—
Co Ltd—
-M-S
l»y7
3V2S
J-D
*88
59%
76 Va
78%
19
68 Va
80
71%
72
30
64%
73%
91%
91%
91%
5
88%
92
A-O
IV2
1st & ref sink
1975
.
.
,
.
fund 5s_—
stamped
1st &
ref sink
V.
99%
1
•
—.
—1954
\
,
Vb
;*
:i964
F-A
F-A
Leh
Val Harbor Terra gtd 5s
1954
Lehigh Valley Ry Co NY 4Vis ext_1950
Lehigh Valley RR—
y.
modified—
2003
2-
registered
F-A
1965
A-O
1951
A-O
1962
M-N
1952
J-D
footnotes
see
page 28.
-
91V2
46
83%
92
92
16
y- •
•
/;■
•
'
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•
95
|
121
109%
82%
60
68
67
74%
27
36 Vb
26Vb
34
30
40 V*
30%
35
"
123
34%
32%
39 '
34%
72
121
109% 110
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'
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4 '
24
3
.
2
16
110
25
-
83
43%
121
89
6
73 >•;.
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72
..
84
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72
'
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92
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95
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98
y
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•
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■<t
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12
81
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84,'
92
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84%
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89
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96
;
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195
63
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176
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82
121
74 Vb
83%
1997
j-j
85 Vb
85
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12
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■
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81
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1998
...1998.
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63
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62
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—
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n
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96
y
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v
62
,
,.1980.
;___1986
B
1975-,
1951
f-a
*
104
98 %
72'/a
98%
17
*50
yy
89 Vb
100
2
72 Va
m-n
m-n
90
96 vb
7
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98%
J-J
96%
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3
IOOVb
—
100
100
J-J
,
IOOVb
Va
,
82%
88%
88
100
IOOVb
m-n
2000
91
100
100
70 Va
74
76%
'81
65%
82
79
78
79
95
19
18%
19
134
10
19%
68 Vb
67 Va
68%
371
60%
May
40 Va
39%
4lVa
578
31
70
42%'
M-S
98
93
98
8
95 Va
98%
N Y & Putnam 1st cons gtd 4s
1993
NY State Elec & Gas 2%S
1977
N Y Steam Corp 1st 3%s__'_.._—1963
A-O
65
65
65
2
60%
67 '•
J-J
*_.
97
RR—
—1937
J-J
a-o
.
79
•
1
m-n
mtge conv inc 4%s ser
IN Y Susquehanna & Western
81st refunding 5SL"
...
-
1st gold 5s
1943
Prior
4s
lien
4s—
registered.
lien
3s__
3s
Coll
trust
4%s
9%
7%:
112
Va•' 4 Va
91
M-S
9Va
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J-D
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4
3
'
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106 %
J-J
40
40
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u
32
8
i
,
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,
97%
104%
19
J-J
A-O
67
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128
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75
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6
93%
103 Va
104%
143
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109
18 Va
19
5
6
67%
75
66 %
Q-A
104
73%
49
77
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69
26
127
129
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•'"
116
128
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99
105%
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58
—
101
66
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43
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5
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91%
93
21
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94%
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97 %
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92
100
99
97
99
18
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100%
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45
99%
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J-J
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102
.
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■
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M-S
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2047
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2047
40
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'
107%
75
,
F-A
Q-J
Q-F
4%
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M-N
J-J
••
~2
10
17%
F-A
—1997
1997
Jan 1 2047
1975
98% 101 Vb
*100Vb 101
M-N
1937
1S40
N Y Telephone 2%s ser D__
.1982
Ref mtge 3Vbs ser E__—
1978
18AN Y West & Bost 1st 4%s
1946
Niagara Falls Power 3%s
.1966
Norfolk Southern Ry Co—
AGen mtge 5s conv inc__
^2014
Norfolk & Western Ry 1st gold 4s_1996
North Central gen & ref 5s
1974
Gen & ref 4V2S series A
..1974
Northern Pacific Railway—
registered i
Ref & impt 4%a series A
Ref & impt 5s series C
Ref & impt 5s series D
121
i.jf- ','U V/-.
j-j
General
109%
„
74%
.
__1957
2007
74 Vb
34
v.
69
4s ser A
44 VB
r* co
-
92
a-o
:
74
...
& ref mtge
67
1
,
:
102%
10T
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J-J
2043
..._..._2043
36%
t
,^1
105 Va
103 Vb
11
5
118
101
J-J
West 4s
§ATerminal
'•
■
32%
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68
gold 3V2S.^...
Harlem
§A2d gold 4»/2S_::
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-
y
37%
*
*
A-O
Little
For
34%
3J
M-N
Lexington & Eastern Ry 1st 5s
Liggett & Myers Tobacco 5s
ALombard
*
M-N
Ry ext 5s_1951
gen 4s series A—
Electric 7s series A
88
63%
72%
M-N
M-N
2003
Miami
65 Va
M-N
2003
2003
5s stamped modified
Lehigh. Valley Terminal
82%
•—
97
98 Va
*98
*100Va 101 Va
M-N
1A Harlem River"& Port
102 Vb
%
*88'/a
f-8%
104%
A.2022
Chester— "
1954 •?
IAN Y Ont & West ref 4s
June 1992
AGeneral 4s
/.1955
N Y Power & Light 1st mtge 2%s__1975
1 Vb
89 V3 >
&
100 Va
102 Vb
68%
i
mtge 3%s seT E
AGen
96
92%
.
J-J
_2003
:2l—
102
♦98
'F-A
1974
4Vis stamped modified—
4Vi8 registered
12
96
*•92%
97 Va
20
89
74
Chicago & St Louis—
Lack &
Y
1st
101%
88 Vb
*98
F-A
F-A
——^
5s stamped
4s
-F-A
36
>J-D
__1____1998
registered
York
Adebenture 4s
176
92
92
91%
99%* 99 %
103% 104 Va
*87
J-D
/■
4%s series B
98
5
y
84 V*
99%
104%
J-D
series A____1973
:_______:___.__1973
IN Y New Haven & Hartford RR—
§ A Collateral trust 6s
1940
N
J
1974
5s stamped——
1st & ret sink fund- 5s
4s stamped
A-O
—1964
5s
102%
<
*102
a-o
3%s
series A
Mtge 4S series B___^
112 Vb
90 V4
Dec
^^__1954
*2—
-
fund
102
47
f-a
1
Mtge 4s
•
Lehigh Coal & Navigation Co—S F mtge 3Vis ser A
X
1970
Lehigh Valley Coal Co—
j^'Vyy/.;
,-5s
202%
60
58%
77
71%
1st 4s
Laclede
54%
59
X——1997
registered
Y &
103 Vb
50
A-O
102
Hudson River RR—
F.
Y Connecting RR 2%s
Y Dock 1st gold 4s
N
96%
:-*98
99%
M-S:.
1998
N
100
102%
5
44
J-J
103
f-a
A
N
98
63
—1997
tAKreuger & Toll 5s ctfs
y
*50
J-J
66 Va
101 Va
RR Co—
3%s registered —
Mich Cent coll gold 3V2S
-
J-J
%
82
61%.
103
M-N"
2013
impt 5s series C_.______.2013
N Y Central &
#•
J-J
-1961
Kings County El L & P 6s
Koppers Co 1st mtge 3s__2—i—:
114%
82%
71%
■
27%
71%
M-N
impt 4%s" series A—
&
Ref &
63%
102
*97% 100%
A-O
J-J
18 VB
46
105
,
.
1954
5%s series A..^
56 Vb
101
,3-y.^.X ,'26/
102%
102
289
101 Va 102
*
M-N
ACertificates of deposit.
114 '/♦ 114%
.
<
25
'
1956.
General mtge 3%s'_
102% 102%
102%
A-O
=
36%
...
D
4%s 6eries
New York Central
60
>
1
*99% 100%
J-D
1950
66%
M-N
1954
of>deposits
1st mtge 3s,ser
1975
■
65
;
^b
ACertificates of deposit
Vb
59
50
3
—
,
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1956ACertificates of deposit-i/u_„__
Ref
*95
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79
77 Va
Vb
M-S
...1952,
B_
26 Va
>48%
i:
1
•1
82
97 Vb
J-D
65
F-A
C
20
■
16
%
101%/,
X
82
:•
Northeastern RR—
ACertificates
K
Kanawha & Mich
unguaranteed
J-J
1967
;1954-
4%s series A...
A 1st 5s series
New
4Vis
68%
A-O
Lake Shore coll gold
Kansas
26
51
•
6214
101%
93%
57%
50%
54%
mtge 3s__^1965
52%
.
56
55%y; .y':
61 Vb
M-N
58
:
90
93
tNew Orleans Texas & Mexico Ry—
97 Va
100
'.y'c//./.■•;
59% /
78%
F-A
Ref & Imp
84%
—
25%
55 Vb
J-J
1972
.59
96
51
98% 101 Vb
54
B___
...1986
Dairy Products 2%s debs.1970
Orleans &
New
89%
77
-
25
96
8
76%
>#~D.v*i
England Tel & Tel 5s A_y^..X1952
M-N V2S series B-—
1961
A-O
debentures
;
19«2
F-A
N J Junction RR gtd 1st 4s/
.1986
M-S
New Jersey Power & Light 3s__I__1974--.
J-J
New Orleans Great Nor 5s"A/..___1983'" *
A 1st
series
•
4
57
*92
54%
77%
New
RR—
Clear 1st 4s
J-J
J-J
Newark Consol Gas cons 5s-_.._^„1948
;■
81 Vb
.
"
00
.
.
87
103% 106%
12
IOIVbIOIVB
J-D
mtge 3s ser
A 1st
*-./
100
80
100%
x56
3s
97
-ioi vb 103
J-J
J-D'
1986
*_.
57
M-S
1st gtd 4
101
102 ;
98
104''
A-O
—.1978
2%s debs..
ANaug&tuck RR 1st gold 4s:
86%
104%.
97
16
99%
104
y
100% 100%
2
87;
104
A-O
98
100 Vb
98%
—
87
".
99% 101
100 Vb
'100
M-S
A—Jan 1967
National Supply
106Va
95 V*
37
.
98
100% 100%,
M-N
J-J
73%
"
Nashville Chattanooga & St Louis—
National
99
:
James Frankl &
*100
103
101
ioi
J-D-y'
J-D
■
—
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101 Va
97
...,y:-
J-D
98
98
Va
*98%"
F-A
103 Va
77
102.-4 ''!"5
*100%
94%
*97
M-S
103%
102 Va
-2V-
102Va
70
Monongahela Ry 3V»s series B ^^..1966
Morrell (John) & Co 3s debs
1958
Morris & Essex 1st gtd 3%1——2000
-1
'Constr M 5s series A
,—1955
" Constr M 4VaS series B__—
1955
Mountain States Tel & Tel 2%s___19Rfi
3 %s debentures
——.—.1978
v
.
95
».
3
1
,
86
70
72
*100% 101
New Orleans Term 1st gtd 4sl__._.1953;..
A_„July 1952
'.-■•A 1st 5s series B
,
,-1956
A 1st
gold 5s series C
1956
§AInternat Hydro-Elec deb 6s
1944
Int Rys Cent Amer
99'/a
*99V8
F-A 7/
A——1963
Ref & Imp 2V2S ser C_
tlnternational Great Northern
6s
..'99%
■>■
.,:y F-A>.
_
v
—
■;
84%
Marie—
ref 5s series G
'
104%
/"■
13
N
V >r;..62„y
'.-.yy'-*ioo.v:...s_y:y.;
X-l: V" 100% 100%
98
86
*70
M-S
1965
—Z-~-——^i_____1975
& ref 5s series F
1977
98
■'
••'.
—
94%
F-A
N O—
Illinois Terminal Ry 4s ser A_
Indiana 111 & Iowa 1st
gold 4s
Indianapolis Union Ry Co—
A
■
SftVa
.
104Va
67
2
1st & ref 5s series I
.1981
Moh'k & Malone 1st gtd gold 4s„.1991
yy
101
9
97%
A-O
A General 4s
99 Va
y-—y ■•*100%./"
»*V;i*99
'•
J-J
1st & ref 4V2S series C
,—1963
1st ref mtge 4s ser D_—
.-1963
"AAdjustment
;
St L &
ref 5s
85 Va"
*
99
73%
M-N
—1962
—1DG2
series
adjust 5s
98 Va
35
96%
85%
J-D
■
'/■ ' AConV gold 5V2S ser A
1949
v
A 1st & ref gold 5s series H——.1980
103
18 "
•
89 Vb
111
102
■{: 2
,
;
84
72%
J-J
...
A
98%
102
"106Vi 10ftVa- ,-V ' y> .11 *-
y''—yy/
v
J-J
.
Registered
<■■■
<;* F-A
1951
i- '
y Gold
3'/2s_X———1951
"y:. Springfield Div 1st gold 3%s
1951
r'/. y Western Lines 1st gold 4s__
1951
:
J-J
%,
.100 Va 100%.! .5
86
'
'
J-J
gold 3s_——--1951
& Sault Ste
lien 5s series A
'
*
•
Cairo Bridge gold
v
,
26%
100%
-. -
109%
85%
-r'
l fv
I
92%
1
97
vy/y-yy
ioi Va'101%;
101101'
f.-:-'Refunding 5sI-_---J_._-__I____„l955 "" M-N-..
y 40-year 4%S__I________.:___
1966,
F-A
;
68
17Va
,/95
:
yc
—
77%,
trust gold 4s_-__^-_„1953:M-Ns>
"3l/2S____J„—1952
28
.
102 A 102 /:
y
101%
lines
98 Va
;Vi'£Vv,/'
v
A-O
•
98
91%
57%
——
M-N ..;
"'' J-J-
y ^Purchased
y,.y Collateral
1972
mtge
A 1st &
105%
:
yyy'.:,*ioiVa
Af-S
,
St Paul
A 1st
126 Vb,
V
yv. 220
;.y-y.y.',v;n03 y; 103-'%.. y'>■•
A-O
.y 1st gold 3s sterling--^.—:
1951
'yy Collateral .trust gold 4s__—____1952
/;',// Ref u n d ing;4s_
_/_!
;_1955
88
y 302
"2
♦lQOVa
M-N
(Southern Lines) 4s_-1959
RR
ACum
104 %
26 Va
98 Va
/-
'
106
67%
24%'
'
100%
89 Va
73 Va
M-N
40-year 4s series ZB
Prior lien 4%s series D——.1978
'
64 Va
•.
23
108
95
94 Va
J-D
Prior
96 Va
94%
98
91 Vs
*104% 105%-
-
J-J
1951
94 Va
119%
.."'.•'-97
r '
S0 V«
'-('4Va
.
Illinois Central RR—-''''Vy.:
y/Vy.;
!>: fist gold. 4s_i__-^_
1951 y
J-J
'l -V
90%
J-J";f*J
1981
."/
•
:.ryy
1957;!,y A-O
Telep 2%s series A
y. y 1st gold 3%s_.:-._v-_
'Extended 1st gold 3%s____
—
J-D
'/
96%
*126
.yy.J-J;
12
Missouri-Kansas-Texas RR—
y
'._J-.>• *95V*
105%
94'/a
J-D
^Missouri Pacific RR Co—
A 1st & ref 5s series A—u
M-S
1999
Household Finance Corp 2%s
^1960
B—_-.1954
Sugar 4s sink fund—Feb 1 1957
4%s inc ser A—__Jan 1971
^s inc ser A—Jan 1991
Mo Kansas & Texas 1st 4s
1990
76%
961
102%
17
109 Va 109'/a
M-N
1st mtge
H
Hackensack Water
.1972
AGen
1
*96
,—
110 Vb
101
-
102
109
6
*88 Va
M-S
1st mtge & con 4s ser
Minn
8
102%
ioovb
.
J-J
101'/a
10
100% 100%
M-N
gold 3s
Div 4s
Metrop Wat Sew & Drain 5%s__
1950
Michigan Central—
Jack Lans & Sag 3%s
,—..1951
1st gold 3%s
..1952
Ref & impt 4 %s series C———1979
Michigan Cons Gas 1st mtge 3Vas_1969
1st mtge 2%s
—1969
t§ a Midland ot N J 1st ext 5s_—„ 1940
Minnesota Mining <Ss Mfg 2%s——1967
123%
110
91
*80 V2
100 Va
A-O
..2003
-.1955
2d
Mead Corpulst mtge 3s——
1966
Metropolitan Edison 1st mtge 2%S_1974
112
95 V.x
y-*57
8
,
series G-
..1980
A Manila
109 V*
3
96%
65
A-O
_^..___i_1975
Gen mtge inc 4s ser B„Li___Jan
Gulf States Util 1st M 2%s__
'
116
*86 Vis
Feb
Gen mtge inc 5s ser
A_____July 2015
V 1st & ref 3%s series D
1969
i
Va
97 Va
17
96 V2
p
2%s
(R H) & Co 2%s debs.
Maine Central RR 4Vas ser A
103
81
123%
116
Feb
—_
debs______—1959
Ohio
&
ref
"i-"'
A-O
Macy
116
111%
*121
__
J-J'
Bay & West deb ctfs A
ADebentures ctfs B____
Greyhound Corp 3s
111
..1976
R__.._
ser
■i-
—1990
•:
N
ser
mtge 2Vis
1st &
103
15
99% 100
J-J
series F_.
May Dept Stores 2%s debs
84 VB
A Green
Guif
'ii-
_.
M-N
1952
ser O—
Gen mtge 2%s ser P—
Gen mtge 2%s ser
Q
-/
-
..2003
102 VB
M
105
.
M-S
2%s_1965
...
General 5s series C
General 4%s series D
.
►102%
•
108
60
102 Va
Ry Co—
General 5%S series B
*
J-D
..
1969
1st mtge
Co
Great Northern
-
1949
inc debs
conv
Goodrich
5s
3%s
Div
Louis
Manati
Corp—
108
3
High
101 &
Rrt-
M
Atl Knox & Cine
t
Gas & Elec of Berg Co cons
General Realty & Utilities
M-S
65
59
II ' %.
M-N
1956
Vb 102 Vb
101 »/a 101 Va
101%
M-S
deposit.——.
Francisco Sugar coll trust 6s
103% 103 "a
J-D
—1959
& ref 5s series A__
ACertificates
M-N
110
102
..1966
3VaS
Nashville
ref
St
1961
3s deb:
110
/4-0
Low'
101%
101 Va 101%
F-A
19631
M
&
lst
Firestone Tire & Rub
/tf-S
.1951
—.
& Elec
Gas
Louisville
96%
.1949
——-
Louisville
January 1-'
NO.
101 Vb
M-S
:.yl
4
Bange Sine#
Sold
M-S
.1949
(P) Co deb 5s—
debentures
3s
Bond*
High
.1949
Long Island unified 4sx
Guaranteed ref gold 4s—
93
78
79%
*81
Friday'*
or
Bid & Asked
Low
71 Vb
93
82%
J-J
Week's Rang*
Last
Sale Prioe
High
64
100
82'/4
2000
1953
Period
York Stock Exchange
New
Co—
mtge inc 4%s
Friday
Interest
bonds
Range Sine*
January 1
Sold
Low
Erie
'
I
6
1
1.
THE
&
COMMERCIAL
NEW
YORK
FINANCIAL
BOND
CHRONICLE
RECORD
'
RANGE FOR WEEK ENDED MAY 7
Week's Range
Friday
BONDS
Inter—t
New York Stock Exchange
Period
Last
or
Sale Price
Northern States
Bonds
Range Since
January 1
Sold
High.
,
,
No.
Low
98 Vi
95 Ve
98 V*
96%
96%
Interest
..." v
Period
Stock Exchange
97%
98%
6
97%
97%
Hi
1st mtge 4s series A
*95% 101
1996
AGen mtge 4%s series A
Jan 2016
8eagram (Jos E) A Sons 2%s
1966
j-j
1971
A-O
coll tr 7s—1941
F-A
2 Vis debs
t§ASilesian-Amer Corp
Skelly Oil 2%s debs
j-j
101
69%
A 1st guaranteed 4s
i io
100% 101%
1974
M-S
1975
—
A-O
*95'/a
96
F-A
*95%
97
A-O
103% 104%
A__1960
8er
;.i4.—
12
J-J.
1975
mtge 3s
1st mtge 2%s
Oklahoma Gag A Electric 2%s
1965
j-j
-
98 Ve
J 14
94%
A-O
1st A ref 3s series J
♦106
107%
107%
100%
16
108%
104
1970
103% 103 vi
1971
102% 103 %
3
100
101 % 101%
53
100
102 %
L
1st A ret 3s series M
1st A ret 3s series N
ref
1st A
Pacific
P
A
Tel
1981
Q
2%s
3Vis
A 111
—1987
f
s
Pennsylvania-Central
3 Vis
conv
inc
cons
'4
96%
94'A
20
97
91%
73
100%
119
102% 103%
102%
103%
*101%
102%
1960
45
| 45%
42%
Pennsylvania
Co—
Gtd 4s series E trust ctfs
1952
36
35%
*102% 104
102%
*103%
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power A Light Co—
1st mtge 3s
1975
3s s f debentures
1965
103 Va
100%
100% 101
100%
100% 100%
23
gold
1948
sterl
stamped dollar.
sinking fund 4%s
Cons
General
4%s
General
5s
General
series
series
-1948
1960
series D
Gen mtge 4%s series E
deb 3%s
A-O
100%
100% 101
J-J
100%
100
A-O
100
1981
mtge 3 Vis series F__
Peoria A Eastern 4s ext
A Income 4s
1985
116
115
116
83%
12
94%
30
90
94%
11
112
116%
A-O
Apr
94
*104%
103
1971
3-D
100 % 100%
16
93%
OU of
Calif
94%
j-j
91%
94%
105
107%
108%
111%
103% 103%
103 %
106
1
102%
104 V4
11
93%
2
46%
—
95
96%
56
?
83%
12
j-j
1966
87
27
108% 109%
*104%
2%s debs_
80
'76%
55
105% 106
56
,,,
*102% 103
96%
56
100 %
102%
92'%
94%
j-j
*97 Vi
97
97
1972,
j-j
*96%
97
96%
1971
7
F-A
94 '/4
A
94%
45
100
98%
of St Louis—
A
M 4s series C
imp
2019
1985
100%
.>1965
105%
A
Orleans
New
A
M
ref
RR—
,
*114% 116
105%
7
3 Vis series B
1970
95
95
95
1990
2000
95
103%
5
.
100%
106
92%
1
95%
95
89
*123% 149
1985
116Vi
97% .100%
18
tJt
.
1st gold 5s
114%
rrv-:-.
99% 100'A
105
121%
99% 100%
Texas Pacific-Missouri Pacific—
23
Term
Third
A
Ave Ry
AdJ
New Orleans 3%S—1974
1st ref 4s
99%
1960
Income 5s
124
94%
78
101%
81
63 %
97%
Jan 1960
il-
99 Va
58
'
r
impt 3%s__1960
Trenton Gas A Elec 1st gold 5s—1949
Tri-Continental Corp 2%s debs
1961
106
99
RR of
Tol A Ohio Cent ref A
115
1
115
101
99
98
*101%
I
vr
1
100%
51
v
-
.71%
587
V.
14
85
42%
■
97%
647/b
,
99%
—
*97%
98Va
95
97%
109% 109%
107
109%
115
105
109%
105%
107%
Union Electric Co of Mo 3%S
100%.,
Union
Co—
1st
—
1st
A
ref
2%s
1967
1st
A
M-N
ref
2%s
1st
A
1974
M-N
2%s
J1981
1st
& ref mtge
27/«s——
15 A Philippine
Ry 1st s f 4s—
100% 101
\
99%
97
98%
10%
1
101 %
97 Vi
97%
98%
99%
97%
F-A
98
33
*98%
J-D
..1978
13
2Vis
*100% 100%
J-J
deposit
12 Vi
11%
9%
—
F-A
101%
9%
1953
...27/eS
1957
*102
3-D
*101
M-N
100%
^
1960
F-A
F-A
*113
M-N
S
2%s
.1976
100 %
98 ye
103%
98%
101
96%
*100% 102 Vi
,«_1991
100%
91%
1966
debs_.
•
-1976
2%s debentures
Universal
100
<v
;
u.
2%s
Rubber
100
>
92
87%
98
98%
96
98%
93%
91
92%
*92%
93 Vi
1967
Pictures
3%s
*95
96 Vi
95%
97%
1959
93
93
90
97
1955
105
105
1957
debs
105% 105%
103
102
U
96
101
103% 103%
"Ill
I"
—
105%
*104
..1963
95%
101%
.
RR—;
-i
vi.-'
'
110
*101%
H
gtd 4Vis series I
Cons gtd 4Vis
series J
101%
94 %
/>..
F-A
11%
it
1970
debentures
mtge
*98%
1967
series C.
United Biscuit 2%s debs_.
8%
30
♦95% 101%
3-D
T
5
101% 101%
Ry—
1949
23
109%
1975
debentures
Pacific
Ref
12%
1971
mtge A coll trust 2%s
Oil of Calif 3s deb
Union
,
1937
Phillips Petroleum 2%s debs.——1964
Pittsburg Bessemer A L Erie 27/eS—1996
Cons
1964
-
Pgh Cine Chic A St Louis
Gen mtge 5s series A
Gen mtge 5s series B
Pittsburgh Consolidation
3Vi8
*-•
II
.
Vandalia RR
' 110% 112%
109
109
Cons
HI
103
—
J-D
1975
A-O
1975
*107%
—
107% 107%
A-O
mtge 3%s_1964
86%
86%
M-N
;
1
12
—
-1965
J-J
1958
I960
A-O
$
89
1
—
89
103 %
79 %
3-D '
*
,
fAProvidence Securities
tAProvidence Terminal
4s_.
J-D
Wabash
RR
117
J-J
* loo %
__
105%
F-A
*99%
M-N
19
19
M-S
ioi
-M
100
105%
8%
'•
99
90
*105%
105%
107
;
*104% 105 Vi
103
104%
*141
142
145
210
210
2037
J-J
2037
J-D
Apr
83%
Apr
96%
210
J-J
98%
5%s debs (subordinated)
>" M-N
,
:
100
87
j-d
—1966
j-j
—2361
m-s
Power 3%s series I
West Shore 1st 4s guaranteedRegistered
Western Maryland 1st mtge 4s
J-J
1941
J-J
;
*7 %
9%
9%
107%
104
11
7 Vi
series
A
St Lawr A Adlr 1st
gold 5s
24 fold $S
St L Rocky Mt A P
5s stamped
St Louis-San
Francisco Ry Co—
1st mtge 4s series A
A2nd mtge inc 4%s
ser
A
St
—.1971
72
A-O
81
8%
10
cons
97%
81
*100%
87%
83
80
57%
59
51%
J-J
99 Va
104% 104%
A-O
89
100%
89%
99
100%
J-D
_1971
1989
M-N
102% 102%
127
98%
85
92
;■ v' ~~
j-d
85
108 VB
103
105%
47%
55
,
6
.
100
101
108
—~
106% 107
108%
3
32
—.•
109
105% 107
108'A
12
68 Va
68
69%
91
59
65 "b
66%
25
57%
54
97
101
99%
100%
95
100
100%
100% 100%
May
100%
100% 100%
''S.
%
106%
109
69%
67 y.
1
2
Telegraph Co-
debentures
M-N
99% 100
M-S
v 37y8
j-j
92
j-j
.1971
1949
M-N
—1992
1970
97%
*
.*92
M-S
:
-1967
j-j
A-O
v
1960
j-j >
j-j
__
99%
97%
103
,
*
56%
103
101%
99%
103%
—
93%
977/«
96%
94
97%
101% 103%
111% 111%
103 Va 103 Vb
*110Vi
98
80% : 93%
*96% 104%
.103%
J-J r
general 4s_
;
1949
Certificates of deposit
—-i_
I ASu A Du div A term 1st 4s—1936
ACertlficates of deposit-
,i
88%
99 Va
103
j-d
^1958
98
V. 93%
*100% 102
M-S
rr 4s
—
-
§ A Jst
A
•
*108%
3
St
55
100
1952
1st mtge 3Vis series D
A Co 1st mortgage 3s_
;
54 %
65 VB
Wheeling Steel 3 Vis series C
j
105% 105%
*99
m-s
Funding A real estate 4%s— .—1950
25-year gold 5s_.
—1951
30-year 5s
1960
Westinghouse El A Mfg 2 Vis—
1951
/
105%
A-O
.1976
,
70%
72 Vi
36%
38 Vi
64
>
75%
j-d
j-j
1976
71
'
*
95 Vi
96.1.
73
19%
43
30
M-N
1971
-99%
Yonkers Elec Lt A Power 2%s
30
93
J-J
*104% 105 Vi
103
96%
104
88%
127
98%
59%
89%
89 VB
pound
100%
101
127
102 V*
1
unit of
Ex-coupon.
impaired by maturity.
tThe price represented is the dollar qnotation per 200Accrued Interest payable at the exchange rate of $4.8484
bonds.
^Companies reported
as
being in bankruptcy, receivership, or reorganized under Section 77 of
assumed by such companies.
*
.;
prices; no sales being transacted during current week.
the Bankruptcy Act, or securities
1
*Friday's bid and asked
'
127
92%
a
f Negotiability
105
80%
92%
Deferred delivery sale not included in the
year's range,
d Ex-interest. - e Odd-lot sale not
included in the year's
range,
n Under-the-rule sale not included in the year's range,
r Cash sale
not included in the
year's range,
.
'
y
M-N
J-J
97
94 %
79 Va
75%
J-J
Maj
90%
98 \
70
3
J-J
gold 4s_1968
96%
2
81
1955
Jan 2022
St Paul Union
Dept 3Vis B
Scioto V * N 1 1st
gtd 4s—;
3
72
,
1997
-
1st
97 %
J-J
1996
Louis-Southwestern Ry—
1st 4s bond certificates
1989
2d 4s Inc bond ctfs
Nov 1989
Gen A ret gold 6s series
A—-1990
Duluth
St Paul A
M-S
1996
75%
3
"
Wisconsin Electric Power 2%s_
Wisconsin Ehiblic Service 3Vis
Saguenay Power 3s
21
Jan 2014
Western Pacific 4%s inc A-
105
7%
9%
81
3
.
84'A
_2361
—,
102%
107%
__
*104%
81
96%
92%
Gen A ref M 2%s series A
*106
.'*106
„
—
74
100 A
83 Va
*91 Va
-_
M-S
M-S
M-S
99%
,
96%
55
Wilson
1949
stamped
101
%
m-n
F-A
Winston-Salem- S B 1st 4s_
XWisconsin Central Ry—
1967
100
96%
98% ^
F-A
M-S
-_1969
stamped
tlARutland RR 4Vis
83%
102% 102 %
Corp—
-r—
86%
94 Va
61
*98
a-o
2%s
86%
105
"I
m-n
1970
Wheeling" & Lake" Erie
M-N
99%
104'/a
99%
80Va
RR 1st ref gtd gold 3%s_2000
Washington Terminal 2%s ser A—1970
Westchester Ltg 5s stpd gtd
1950
Gen mtge 3%s
1967
Warren
.
210
109%
1
100
98%
Apr
-
90
V—
—..1964
Gen mtge 3 Vis series J
t A Rut-Canadian 4s
1995
West Penn
19
J-J
—
100
Jan 1981
;
__
M-N
__
103
107%
2
*104% 107
1958
100 jV
103
118
!
—
19
■*—
101
105
105% 105%
*106%
J-J
—
1972
Gen mtge 4Vis
series D
1977
Gsn mtge 3%s
series H_———1967
Gen mtge 3Vis series I
2003
Jan 1991
1st mtge 3Vis series B
1971
Walker (Hiram) G A W 2%s debs_1966
Walworth Co conv debentures 3Vis_1976
Ward Baking Co—
100
1968
Reading Co 1st A ret 3%s ser
D__1995
Revere Copper A Brass
3%s_—
1960
Rochester Gas A Elec
gtd 5s
94%
;
Co-
Western Union
Quaker Oats 2%s deb
1st
58
11
103
108% 109%
106 al2 100*,
1st gold 5s__ 1949
Gen mtge inc 4 Vis series B
116
*118%
—
J-J
1977
1956
mtge 8s
cons
97%
103
1087/a
105
105%
88%
J-D
_1957
Public Service Elec A
Gas 3%s
1st A ret
mtge 3s
1st A ret mtge 5s,
1st A ret
Coal & Coke
97%
1978
—1963
Virginian Ry 3s series B.
89%
100
*117
105
105%
20
89
79%
102
F-A
_1983
4s
3s series F
debentures
Gen mtge 4s inc series A
A Ashtabula
Ry—
1st gen 48 series A
1948
1st gen 5s series B
1962
1st gen 5s series C
1974
1st gen 4 Vis series D
—1977
APittston Co 5 Vis inc
deb—_
1964
Potomac Elec Pwr 1st
mtge 3%s„ 1966
1975
ref mtge
conv
Iron
1st
Youngstown
1st mortgage 3
Vis
1st mortgage 3s
g 4s series A
series B
cons
f 4s
Va A Southwest
103%
81%
-
4
Va
87%
101%
.
3 %s
109%
102%
A-O
•:
84%
*103Vi 104
J-D
1959
1st mtge 4Vis series
B__
1st mtge 4Vis series
C_„
1st &
103
Coal—
debentures
s
Virginia Electric & Power Co—
1st A ref mtge 2%s series E
1970
Pittsburgh A West Virginia
Ry—
1st mtge 4Vis
series A
Pitts
■
RR—
Gen mtge 3%s
series E
Pitt8b Coke A Chem 1st
'.
109%
114% 116
94
1951
1st A ret M 3%8 series C
24
■
24
■-
106 %
A-O
11
1966
63 Va-
14 Va
107 Vi 107%
...
A-O
86%
.1996
Gen A ref M 37/8S series E
445
"101% 114%
•
—1956
—1956
series A
116
M-N
101
59 %
16%
F-A
J-J
series
j-j
A-O
series A
Apr
1st
24
*64%
1990
1974
J-J
4s
—1994
—1956
Ry 1st cons gold 5s.
Texas A Pacific
111
85
1961
gtd
86
A-O
105 Va
78 Va
1977
Cons
86
'
4%s
A St Louis
Cons gtd 3%s series E
Cons gtd 4s series
F
Cons gtd 4s series
G
101%
83
116
99%
12
115
Pgh Cine Chic
97%
95%
100
—
94
Texas
85
84
F-A
of
101
83%
Terminal RR Assn
101 %
1974
_
ACertlficates
*101 %
92%
94%
debs__ 1985
100%
General gold 4%s series C
ref
84%
j-d
101
101 Va
94
Phlla Bait A Wash RR CoGeneral 5s series B
-
87%
93 %
100
Swift A Co 2%s debs
97%
101% 101%
1st A ret 2%s
95 %
91%
100%
"
■
M-8
tr
93 Vi
92%
106%
103%
50
98% 100%
1980
Philadelphia Co coll
Philadelphia Electric
94%
M-N
95
j-j
101%
V'v
82%
Standard Oil (N J) deb 2%s
Sunray Oil Corp 2%s debs
100%
104%
93
78%
j-j
112
91
101 %
96%
"
j-j
: 99 34
32
101%
91%
95%
1996
10015
1
151)
108% 110
98%
''
1961
imp 27/os series D
Texas Corp 3s deb—1
267
104 Vi 105%
,
J-J
1960
Apr
Ry 5%s
3%s ser D
Union
Pere Marquette
Ry
110
—1952
Gen
Pekln
105%
3-D
1984
Conv
Peoria A
J-D
1968
4Vis
F-A
1965
A
B—
100%
95%
*95% 101%
*81%
83 •
M-N
1st mtg 3%s ser A.1975
Pacific RR Co—
99 3i
M-N
%'
947/b
124
*1
M-S
ASpokane Internat 1st gold 4%s__2013
49
98%
;
100
91%
124
'
-»
*92
.v
Standard
103%
97%
M-lf
100 %
5
26
122%
1986
Ref
4s
97 %
99%
94%
71 %
mtge 2Vis series F-
Ref
4s
337/b
lq81
Memphis Div 1st gold 5s.
St Louis Div 1st gold 4s
Bell Tel 2%s
Pennsylvania RR—
Consol
28%
1977
__
Southwestern
Airlines—
debs
7
1969
-
Dev.el A gen 6%s series A—
96%
102 %
*104
5s_1949
2%s
(Oregon Lines)
4 Vis
T 72o
Devel A gen 4s
Devel A gen 6s
94%
94%
32%
f*'*-
j-j
Southern
99%
27
98
95%
Co—
1st mtge 2%s series E—
98
94%
92%
lst mtge 2Vis series G-
102%
99 Ve
100% 102
103%
gold 4%s—1955
Paterson A Passaic G A E
99%
94%
50
99%
,
—1994
4%s
92%
94%
F-A
j-j
Pacific
61%
1
*•—
j-j
—1985
1st
102%
93 %
*97
1978
1st
99%
99 %
1985
——1986
3 Vis debentures
Paducah
96%
—1980
debs
debentures—
debentures
10
102%
1977
ret 2% s series
Tel
2%s
101 % 102
1979
2%s series
101%
428
«#-> •
—1987
Southern
103 %
1974
1st A
98%
69%
95 Vi
'
«r
San Fr Term
1st A
series
■'
—1979 1
——
Southern Indiana Ry
105
1st A ref 3s series K
3s
tr
debentures
1st
ref
High
94%
-
'
debentures
Gold 4%s
1966
5s—
2 %s
j
Co—
1st A ref 3%s series I
RR gtd
2%s
97
95%
103 %
Ala
debentures
3s
102
93%
93%
'•
Nor
Southern Bell Tel A Tel Co—
;
67%
99%
j-d
1963
Gold
UUJU
Electric
Low
68
32%
1976
A
Southern
A
No.
95'%
95%
South
—1948
1st
Oas
Range Since
January 1
Sold
94 %
;
j-d
—
Pacific
Bonds
High
100% 101
Socony-Vacuum Oil 2 Vis——
tOgdensburg A Lake Champlain Ry—
.Oregon-Washington RR 3s
Friday's
Bid & Asked
Low
Shell Union Oil
Edison
or
-
Sale Price
Seaboard Air Line RR Co—
97%
—1974
*1975
—-1977
(Minn) 1st mtge 2%s
1st mtge 2%s
:
(Wise) 1st mtge 2%s
Ohio
Week's Range
Last
-
High
97%
BONDS
....
New York
Co—
Power
Friday
'•
Friday's
Bid & Asked
Low
Monday, May 10, 1948
A Bonds
selling flat.
-
'
Number 4697
167
Volume
NEW YORK CURB EXCHANGE
WEEKLY
AND
YEARLY
RECORD
unless they are the only transactions of
No account is taken of such sales in computing the range for the year.
NOTICE—Cash and deferred delivery sales are disregarded in the week's range
in
week in which they occur.
in the
footnote
a
following extensive list we furnish a complete record of the transactions
the week,
and when selling outside the regular
weeklv
r«nw
range are shown
the New York Curb Exchange for the week beginning on Saturday
May 1, and ending the current Friday, May 7.
It is compiled from daily reports of the Curb Exchange itself, and is intended to include everv security
whether stock or bond, in which any dealings have occurred during the current year. ,
■
J
In the
RANGE
Friday
Par
Acme Wire
Co
Adam Hat
—
Ainsworth
Mfg common.—
Air
Investors
preferred
Air-Way Electric Appliance
Great
Power
4.20%
pfd
xll% Mar
500
6% Mar
9%
Apr
3%
Apr
Bruck
Apr
3%
> 6%
6%
90%
90%
*
Alles
Allied
Altorfer
Bros
Aluminum
of
Co
95%
preferred——100
Mfg——.———*
Goods
Aluminum
60%
61
common—*
America
61%
American
!
Beverage
American
Book
American
i
Cities
-
Class B
American
11%
1,500
10% Mar
7.30Q
16
13 Va
200
13
Feb
6% May
%
n
54,000
1,800
Burma
Corp Amer dep rets..
Burry Biscuit Corp.——.—,—..12 %c
Butler (P H) common———25c
3"
Jan
Cable Electric Products common—50c
5%
Apr
Cables
Feb
94%
>
Jan
93 Va Mar
Jan
Apr
•
Apr
4%
3%
50
Feb
64%
92%
Feb
96
1
Jan
Gas &
4% %
Electric com.—i
Jan
California
43%
45
3,700
36
Callite
>• 1%
.
Electric
■V.'I7%
Jan
Canada
2%
Jan
Canada Cement Co Ltd
36%
16%
17%
30Vs
31
16%
15%
16%
16%
4%
4%
35,000
,
•
\
—-
Light & Trac common.—25
6%
preferred
——25
American Mfg Co common—
,25
450
33 >.
-
* 350
i 450
,
.
Tungsten Corp.—.
Meter Co..
'■29
15%
class A
Chem
300
17%
45%
500
38
:
100
34'/4
34%
32%
34%
24 V8
11,000
3%
100
»:>3.%
preferred
American
Thread
American
5
5
•»
6%
-
,
x30
r
3
Jan>
7
Jan
Co Inc common..—
Angerman
preference
22%
50
"17'A
25
y.
7r/o
Jan
Carnation
Capital
>
'Jan
.Jan
36
Marconi
'Jan
Co
Casco
Jan
Castle
Apr
G%
:
Apr
f
tIOO
9
Feb
10%
>100
8
Mar
1% 4 2%
9,700
Wt*
1
A2%
47
46%
6%
Feb
8%
0'
6%
800
5%
Feb
6 %
(AM)
3.50 7o
Co
50
May
8%
Jan
10
Apr
4%
4%
200
4%
Apr
6
Jan
Apr
53
Jan
49
3,400
Inc—
Argus
11
;??
~5%.
5%
5%
y.
200
5 Va
5
1,700
America
4;,
>/>
*
Arkansas Natural Gas common
7%
.
6%, preferred
Arkansas
■j
7%'
—10
•>10%;;;
—...
„
Power
&
114
Light $7 pfd——*
r
1
Aro
Equipment Corp.—:
:<>
"7
>.1% "7 ;>•
*
78
Electric Industries—
Associated
American
18%,?
18%
Laundries of America——*
J 10%
3%
■'v
Corp
Plywood Corp.——1
warrants
Products Inc
Automatic
Steel
Automatic
4%
5,200
4%
Feb
-
•7%
Feb
33,100
4%
Feb
100
10%
Apr
> /•
112
40 Z
8
114
Feb
12 %
Feb
Apr
1 Apr
10%
Feb
10%
47,400
•":y.. 6%
! 6%
Apr
600
%
20
Feb
6%
Charis
,
13%.
Feb
60% >'
^5%
21%
52
11,300
•
Apr
"11%
300
10%
Apr
4%
5%
2,600
3%
Feb
5'A
Apr
7%
8
7%
Feb
8%
Jan
.■>■';
ie Apr
.'60% May
Mar
Feb
Feb
4%
Jan
6%
17
Feb
15%
Jan
Mfg
Clayton & Lambert
Apr
Club
57
,,
Feb
25%
Feb
22% May
45<
Jan
58
Feb
Colonial
..30
preferred
Rubber
Baldwin
Co
1
common
10
-i
34
•:
34
—
150
Jan
36
Mar
100
1'0
,
34
.9
Mar
14
Jan
Banco de los Andes—
>
American
Barlow
Corp
Seelig Mfg—
&
1
——
&
Stone
$1.20 convertible A common.—— >.5V:
Baumann
(L)
& Co common———
Beau-Brummel Ties common—
Beck
16 %
.
:
—1
—
16%
6%
13%
v.13 >13%
6%> 7
15%
15%
1
1
—1 •:■
Shoe Corp
15%
Aircraft common.—..,. —l
V> 3%
of Canada.—:
Bell Tel
100
.i—
Benrus Watch Co Inc..—.————
...
l
136%
3%,
.
>,
&
„
..
3%
8%
8%
20%. 20%
,
Birdsboro
Blauner's
Inc
common—.———
common..:;....———.3
Blum
(Philip) & Co Inc.
Blumenthal (S)
Boback.(HC)
l'/o
__1
—
Jan
>
^
& Co common——
Borne,
Scrymser Co
Bourjois Inc
^
7o
Continental Fdy & Machine Co.——
Cook Paint &
300
>;> 600
14,600
10%
British-American
American
—.'.A.
Oil
'16
i
>. 10%
page
33,
.American dep receipts
500
12%
;i9%
f:; i9%pi9%
.900
11% Mar
;
;icl3% Mar
If,>;
—
"9%
"9%
io%
600
in
11
Cent
Crown
Apr
Crystal Oil
Feb
$6
9% May
'
5%
Cuban
Jan
Curtis
12% Feb
Curtis
•••
13%
Drug Co common
Refining common—
preferred
Apr
6' ;
••
Feb
—1
*
—1
Milner & Co
Petrol (Md)_.
—5
Crown Cork Internat'l "A" partic
*
Crown
Jan
-20 Vi
>
J/tj
—-—5
Croft
12%
100
(ord reg)__£1
Crowley
Jaa,
16% Mar
900
.*
-1
.--50
Brewing Co
Crosley Motors Inc
Jan
Cuban
Tobacco—
see
r"
——
Creole Petroleum
16
12%
> 1%
Feb
2%
Apr
1%
Feb
2'A
Apr
8%
43
Apr
7% Mar
200
8%
X40
10%
46%
-
Jan
Jan
Apr
24
1,100
Atlantic Sugar
common—
common
Lighting Inc common
Mfg
Co
-5
—100
preferred
Tobacco
25c
*
--1°
!;
-•
2.50
—6
Jan
7%
Feb
Feb
5%
5%
11,600
3%
Feb
5T4
3,900
6%
Jan
8% Mar
5,300
6
Apr
7l/a
Feb
4,200
3%
Feb
29%
Feb
47/a
38%
Jan
1,400
5%
.
7%
7%
6%
' 7-
Va
41'a
4l/a
34%
33%
35%
4
&
28%
4%
Feb
4%
1.100
%
8,100
28%
250
4%
4%
>:
.-•>
;
32
28
>
7%
-
i
64%
113
,
;
;•
7%
64%
10
Apr
-
90
938
9%.
2,625
3%
1,600
100'A
A:
1,800
2%/
400
May
103% May
Feb
8 %
Jan
9%
Apr
>72%
Feb
94%
Apr
3,800
92%.
35
■
,
2% Mar
4
Apr
Feb
35
Apr
29%
2% Feb '
12%
13 Va,
32
32Va
250
13%
2,800
>
i,7,
1,900
xlO%
1,000
4%
900
3%
Jan
14%
•2,300
13 %
Jan
8%
7,200
1,500
11%
40
Mar
30
12
%
,8
%
4%
14
klO
4%
13%
■
8%
14
Feb
7%
52%
53
350
46
47
46
47
Jan
Jan
Apr
Apr
4V2 Mar
14%
8%
Feb
54
Mar
4%
'
11%
Feb
4%
7%
52%
Jan
.
%* Jan
% May 1
10
-
2%, Jan
2% Mar
'12%
2%
137/a
Feb
1332
.:>■
Jan
70
113
89%
2%
Apr
8Vb
Feb
63 % Mar
92%
34
Apr
Apr
107% Mar
/;>. 9%
3%
Ve
100
'
Apr
Jan
5
1,700
,
100% 103 3A
101
6%
Apr
28%
iV Jan,
25% Mar
350
65%
112% 113
Courtaulds Ltd—
;
Jan
•
Co_„_
class A
convertible preferred
23
•
dep rets ord bearer._£1
Amer dep rets ord reg
;
_____£ 1
footnotes
preferred
5%
Jan
■
Amer
.'or
$1
Cosden Petroleum common——
,
27% Jan
140
26%
*
A
5
11
10
1,100
11,700
xlO%
Reynolds common..—— 1
Apr
43
125
35%
British
100
•
Mfg Co common
Corroon &
9%
16
Class
Apr
10% May
3% Apr :
_5c
Inc.-—
18 ¥2
Breeze
Brillo
-i Jan
8%
; 425
3%
——.100
Bridgeport Gas Light Co..—...—
Bridgeport Oil Co.....
Brewing Co common———1
Cooper
100
.
10%
35; 35
Light & Power..._*
Corp common
1
1
Varnish Co—-——*
Copper Range Co
Cornucopia Gold Mines.—
8%
Brazilian Traction
-2%
1% 42%
>7%
Car-Na-Var Corp
Continental
> 1,500
3%
25%
2 %
2%
.;:> 200
;_*
———25
Apr
18
,
Apr
11
Feb
9%
14
400
.1
Co common—
1st preferred—.
g
g
10%
3%..-
13 Va
Feb
11% Mar
300
6
Service——-—i~>-25
4 V2V0
4
18
;
13
7%
warrants-
Southern
Shoe Machinery—
; i?
; VvVtc ext to 1956——
——1
Consol G E L P Bait common——*
4% Mar
1
Steel Fdry & Mach Co com.*
,,
Blue Ridge Corp common
Apr
150
Compo
Coro
Bickford's
50(4
•?•.. 100
Consolidated Steel Corp common——*
>
135% 136%
>
Hedges common...—>Convertible preferred...
Benson
&
2,650
7%
Feb
17%
Consolidated Royalty Oil-———-10
16%
6%.
(AS)
Bellanca.
r:
—1
Apr
4 31%
•
Inc—1.1
Hotel
Commonwealth
Consolidated
Basic Refractories Inc..———_
1%
10%
8%
Manufacturing Co.—--—.-25
TOO
19,500
Feb
,
"
42
—-—1 j
Co————1
4,800
5%
Apr
Jan
%
common———*'
series B preferred.——100
preferred series C_———100
Gas Utilities
—
1
Consolidated Mining & Smelt Ltd—
10%
Steel
Barium
.
shares..
Apr
5 Va
36,100
50'A
; 12%
7 Va
;.7..>
300
w
1%
48%
Jan
18
Jan
1,300
3%
•i
1%
Jan
2
common—-.20
Airlines
Sand
Community Public
:
7.%
!
5%
200
Jan
Jan
2%
Development ordinary-—--.—
Colon
Apr
Locomotive—
Baldwin
15% Mar
>
?
Products Co——*
Aluminum
Cockshutt Plow Co
Commodore
600
57'
550
17 %
.
13
25 %
70
Apr
Colt's
56
Apr
17
Mfg.——.——-4
6%
% Mar
10%
common——————1
Clinchfield Coal Corp
20
54
"
'
1
Co
Apr
24%
*
900
6%
13
Stamping—————5
City & Suburban Homes.
——1°
Clark Controller Co——~1
Claude Neon Inc
67/a
\
6%
10
8%
;
,•
.
63%
16 %
->
7
49%
^Clarostat
Mar
750
225
23 ? ?'
61%
,
1%
City Auto
600
,>i.
22%
•
62%
Consolidated Mining-.—--»v.—-l
Cities Service common.
5% May
x30%
15%
■ii'-"-'
22%
Apr J
10% Mar
300
400
21%
4%
■?;.
12
————4
Lines.—-*
*
Chicago Rivet & Mach
B
.
.Apr
13% Jan
11%
Colorado Fuel & Iron warrants—i——
_
..
10
Corp common
Colonial
Babcock & Wilcox Co
,310
Jan
Jan
5%
America..—*—r-2.50
Chicago & Southern Air
Voting trust ctfs
Jan
10'A May
3%
100
8%
14'
> >..>-//•.■
1V«
i-:
24%
.
900
"5%.
;
a
preferred——c.—25
Ayrshire Collieries Corp com————3>
450
.
?> 28%
13%
Feb
11%
23
8% Jan
>
2% Mar
1/128 Apr
64,300
Vv'Y
5%
..*
—5
& Sons common
3%
5%
.28
13
Jan
?
67
Cherry-Burrell
common—.—.—5
Chesebrough Mfg common...—
10
May
413% Jan
Apr
750
6,300
% >?;>'%>;;
8Va 10% >,
—1
Voting Machine—
Avery (B F)
28
68
425
Jan
Chamberlin Co of
58%
"5%
Atlas
Atlas
65%
17
8%
16,100
16%
Jan
700
> 2,300
■
16
10 Vb Mar
73
45%
5%
12%
17128
——50
Coast Line Co—
> 15%
v
16
Apr
Jan
3%
rI/64
Rights w i
Atlantic
15%
Jan
85%
"
19%
/
9%
19
Apr
Feb
Feb
12%
11%
%
—~*
Fisheries-^——-—1}
9%
Apr
Feb
83
j.
9%
81
16%
74% Mar
10
200
Feb
103%
.
Tel & Tel class A
Coast
J an
Feb
Chief
Associated
Jan
Mar
8%
12
Feb
>
Associated
Atlantic
7%
38
Mar.
12%
Jan
...——£1
dep rets reg
x5% Mar
54
8%
'
19%-
Jan
6
1,900
78
18
preferred—————-—100
98%
17%
12%
—2.50
Ashland Oil & Refining Co.—
>
May
ve;
300
7%, 7%
> 7%
8
>10% 10%
113
114
>
1
non-voting.—.——*
class A
Common
.
Jan
,>>■••:?l}
Power Co—
2,300
5%
X |
.
6%
5% Mar
31
7—-4
u%
101
5
—'—.—10
Co
102%
;
Jan
Apr
3%
llOVi
Conv
Jan1?
4
Jan
Conv pfd opt
> 17% Jan
Jan
48
260
4%
common.!,—1
new
common..——
&
preferred———..— 100
pfd opt div ser...—————100
div ser 1929——100
Century Electric Co common
—10
Cessna Aircraft Co common—
1
3%
2 Va May
Feb
Mar
400
4%
7%
15% Apr
>.
35
400
108%
4% pfd—.100
Central & South West Corp—.——5
§ Central States Elec 6% preferred—100
May
.
9Vt
48%
Central Ohio Steel Products—1
Jan
■
1%
9
50
>
>
Products
Central Maine
>>.9 ;>Jan
500
Apr
10% May
4%
2.50
Ltd—
Catalin Corp of
Mar;'
Apr
Jan
6%
11%
9%
common.———.—*
(J W)
Carter
Jan
54
; 5
17% May:,.,
X14% Mar
dep rets B ord—_——_2s 6d
Amer
4% Mar
:
......
City
Carreras
25
Feb
10%
10'A
Carr-Consolidated Biscuit Co———_ 1
36%
i1
Apr
10%
'Carolina Power & Light $5 pfd——*
Apr
Feb
16%
—.—>—..100
preferred
32 Va
Feb
22% May
22% May
X14% Mar
Class B non-voting.--———*
Carman & Co——
51
'
r
Apr
Z 4%
•
22%
17'A
:
preferred————~_*
17%
Feb
2,300
—20
common———♦
Ltd
Canners
Feb
23
Apr
Feb
Jan
Feb
Jan
3%
20
Jan
18
Apr
32V2
5
2(4 Mar
100
Feb
14%
Products——„——_—♦
Carey Baxter & Kennedy Inc
—1
Feb.
400
.
Jan
8
Feb
Canadian
17 Va Mar
77/a
Feb
6% Mar
12%
Jan
6%
102%
Apr
2% Jan
Canadian Industries Ltd—
^Anglo-Iranian Oil Co Ltd-r-
■
11%
:_*
common
Apr
6
Amer dep rets ord reg—,
.£1
Angostura-Wupperman——.1—i.——1
Apex-Elec Manufacturing Co——-—1
Appalachian Elec Pwr 4Va% pfd—100
Feb
3%
43%
6%
1'
Apr
Feb
18%
Feb
2% '.*>
19
•
Central Power & Light
Anchor Post Products..—————2
Jan
12%
3%
Apr
>42%
200
5 />
3%
Feb
2% Mar
"'? 2,100
7%
2%
4/ Class A voting.—.—>..*
Apr
40
x73a
19
Feb
Mar
1,150
May ?
Ltd—....—a-...—1*
Canadian Industrial Alcohol—
Apr
2%
:
18% Mar
14.400
J;
52 >?
> 51%
Writing Paper common.——5
5%
M'.
%
II
52
preferred—
31?
1,700
22%
•
Republics.————.—a—-10
American Seal-Kap common————2
Amer Superpower Corp com...——_10c
series
112
Apr
Feb
Mar
••:
23
23%
*.
Class '
American
$6
,;•• 3
44
45%
*
&
14%
22%
33
Potash
American
% ('o
Co
Convertible
"
Products Co————2
American
6
■?•>
31% Mar
—1
41 Jan
6"%
"
Insurance...——...
Bread
Mar f
-16 ;•
...
Metal
:
1%
200
4%
38% May
109 '
16%41 3,500
16%
Feb
39%
American
American
Jan
7 '•> > Jan
18% Jan
31
150
X35%
16%
Laundry Mach———20
American Maracaibo Co.—
90 >
Mar
16% Mar
650
10.000
,
13% Mar
3%
21,200
————1
2%
Apr
2%
5% Mar
2%.» 1,600
2%
36
convertible preferred————1
Hard Rubber Co.—.—25
American
American
;
—
preferred————-1
convertible
$2
$2.50
38%
111% 111%
V
American General Corp common.—-10c
i
17%
17
37%
V.
38%
23%
Feb
2% Mar "}
-»
—.1
46%
>83
1,900
6%
£1
X7%
Mar
Canadian
100
preferred
>r>' io
pfd—...
Power...———1
1% Mar
2,500
,
10
Mar
Mar
%
12 Va
Wireless—
&
American
Jan
./
50
May
25% May
22% May
11% Jan
Apr
22
13
•
8
.
•
Apr
22%
25
6
3 1
*
Apr
Jan
Apr
•
500
3
,
Jan
Apr
6%
.
Feb
87
Feb
23%
Mar
5%
25'A May
17% Mar
13'/a
9
87
3,000
11%
22
87
43%
700
24'A
.
100
25%
21%
21 Va
1,600
: 5% V>
50
25'A
24'A
13%
:.1% Mar
.
50
25%
7
11%
Mar
300
l7/tt
5
2.50
*
1%
Hoe common——*
Fork &
American
:
Light— ■ ;
———I—1
&
Power
13,000
*
44%
———-—-100
Co—
11%
23
Mar
common———1
——
10%
Ring Co.—_____1>
Camden Fire
Bantam
4,400
...
12%
.—1
Co.t—
Car
American
11% May
24%
10
Co common
common
11%
12%
Feb
16%
23
Bunker Hill & Sullivan—i———.2.50
3)4
7.200
95%
L22%> 23%
•
•C_
Ltd common..—.— ——-*
Aluminum
.
<
95
;
2% May
25% Apr
1%
24%
Mills Ltd.—
dep rets 5%
Calamba Sugar Estate—
common—..—_*
Industries
Aluminum
>-300
*
common—.
22%
Apr
Jan
200
-
Burd Piston
14
20^/4
Jan
2%
Jan
>17%
•
20
5
common..
20
22 Va
2%
Jan
6
cumulative
$3.75
•
(Mich)
150
21%
1%
2%
Investing Corp.——_1
Internat
Allied Products
2%
3%
,/ 87
25
700
Fisher common.————1
&
May
Jan
79
V-
3%;;; 3%
2
5%
5,100
High
100
Jan
%
600
;>6%
36
Apr
Low
'
2
4,500
3%.
31a
(EL)
New
2
1
Buckeye Pipe Line
36
"l% 7l3a
*7%
Bruce
2
Range Since January 1
High
/.—1
common
300
Apr
Low
*
Brown Forman Distillers
3%
;
Shares
*
13 %
14
for Week
of Prices
_—10s
Class B
Apr
3% Mar
Jan
dep rets ord reg—
British Columbia Power class A...
Mar„
7%
.
Amer
Sales
Range
Sale Price
Ltd—
Feb
——100
Airlines
35
Jan
Celanese
8'A
Inc———— 1
Alaska
;
•
1%
50
Southern—
Alabama
2,400
British
5% Mar
4% Mar
200
Week's
Last
Exchange
Par
Jan
13%
13 %
------10
—3
Alabama
3% Mar
.
Curb
High
3%
Mar
'.j—
§Aireon Mfg Corp common.—50c
60c convertible
700
York
Brown Rubber Co
preferred———:—10
Convertible
2
21a
21a
2
common.———
400
31'/a
1
(N J),
Inc
Associates
Air
Low
2%
6 'la
1
*
5
Agnew Surpass Shoe Stores
Friday
STOCKS—
New
Range Since January 1
4%
4 %
10
1
.t.
common
Stores Inc
Supply Mfg capital stock
Aero
4%
--1
7
Sales
Shares
High
^
2%
—
Alloys
Aluminum
Acme
Low
-
ACF-Brill Motors warrants
FOR WEEK ENDED MAY
for Week
Range
of Prices
Sale Price
Exchange
Curb
Week's
Last
STOCKS—
York
New
on
Apr
Apr
Apr
4Vb Jan
Feb
48 Vb
Feb
Apr1
13,900
37
1%
1%
1%
1,900
1
Feb
1%
7%
6%
8%
6,500
6%
Feb
8% May r
5%
Feb
5%
Feb
^
"7%
~7
~7%
3,400
15%
15%
15%
200
%
18%'
3
700
33
20
3%
Jan
3
Apt
Jan
19%
Apr;>
16% Mar
101 % 102 %
1,900
100% Mar
V'Va
200
7% Mar
15%
15%
104% Jan
9% Jan
Feb
9%
Jan
13% Mar
16%
Jan
4%
300
Jan
33
Mar
7,000
8%
Apt-
Apr
Apr
26
19%
18%
7%
8
15%
1% Mar
3
"2%
33
„
13% Mar i
Jatf
"
&
EXCHANGE
CURB
YORK
NEW
Monday, "May 10, 1948
FINANCIAL CHRONICLE
RANGE FOR WEEK
ENDED MAY 7
Last
of Prices
Sale Price
York Curb Exchange
New
Par
Sales
for Week
Range
Low
■
Shares
Range Since January 1
6%
7
1
1
1
Steel Products
Diana Stores Corp
Jan
140
28%
3,400
18
Feb
28%
Apr
10
10%
300
9
Mar
11%
Jan
2%
1,300
Apr
2%
23 y2
Apr
Jan
13 y2
Jan
5%
Feb
6%
Jan
2% Mar
18 ft
*
50o
6V2
5%
6V2
4,400
Rubinstein
Helena
A
Class
common
9%
"2%
1
•
9%
14%
9Vb May
300
2%
1
—
Domestic Credit Corp class A
Dominion Bridge Co Ltd
Apr
12%
Jan
3%
Jan
12'a
>''
-£1
2%
2,000
2v2
Apr
Dominion Steel Si Coal class B
3,200
14%
14%
14%
25
Chem Co Ltd
Feb
15'a
•
.---
Apr
JL; £3%
38V2
50%
240
50
3%
2,700
2
500
6%
7%
6%
8'%
200
15
9%
13'A
10
10%
800
50%
;.
Jan
3%
Jan
1%
Feb
2%
Jan
6%
Jan
7%
Feb
67/«
Feb
8%
Apr
13% Mar
16%
Jan
.v
3,600
8
Mar
2,600
10
Feb
9% Mar
25
Feb
10 %
300
9%
300'
10
>
-
Dominion Textile Co Ltd common—
•
10%
10%
10%
Draper
•
74%
70%
74%
~9Vb
500
Duke
•
Co
Power
65
20
71
6%
350
49%
3,000
7%
0%
,7%
Jan
—
12%
12%
37%
Apr
8
•
1
•
~4»a
100
14
300
y
Z
3%
Feb
& Fuel
Assn
-10b
prior preferred
preferred
6%
Sugar
$5 pfd shares of
...
beneficial int—
4%
Jan
Hubbell
14%
-a
Jan
19%
19%
Humble Oil Si Refining
x7"%
76
Hurd Lock & Mfg Co—,.3'/a
3%
Hussman Refrigerator Co common-—»:.13%
& Hardart
common
,—5
5
*
5
Inc—
(Harvey)
common
__—-—
preferred—i,-:
Common stock warrants
Electric Bond
5
Si Share
common
Electric Power Si Light $7
warrants
12 %
57%
58
Apr
Apr.
Feb
11%
12%
70 y2
12%
13
13
140
5% zy
14
1
1
"*2%
23%
1,100
Empire District Electric 5% pfd
Empire Millwork Corp_
Emsco Derrick Si Equipment
Equity Corp common
2%
44
:
44%
1%
r
Eureka
Corp Ltd—-Eureka Pipe Line common
Feb
Feb
42
11
1,000
Feb
1%
6,300
150
'
1
1%
1%
1%
6%
Feb
1
9,400
i
.
:y-:
■'
■.
M :v,
■'
\
& Instrument
1
1
to
$1
v:
Apr
Apr
14% May
2%
Apr
46
Apr
Feb
98
8%
14
May
2%
i
Jan
3%
Jan
t
7,300
9%
Jan
17%
Apr
5%
26,900
3%
Jan
5%
Apr
13%
Z'u
3
15%
6,200
52
Feb
46
Jan
64 %
1,300
2
Jan
100
34
Jan
38%
10%
of
4%
4%
y
21
21%
3
-
2,300
gZ
22
Feb
17
4% May
.5% Jan
16%
1,900
•
w
VA
1
1 %
-
1%
8%
9 Va
1,25
Brewing—
14%
14
Jan
22 y4
Apr
Jan
21%
,
•
14%
600
30%
30%
9%
:
5
9%
ii
:• y
co 0
97/b
'•
200
700
25
14%
14%
14%
16%
100
25
Jan
Jan
28%
Apr,
52%
Feb
;
56% Mar
11%
1%
*
9%
~
-
1
.
Feb
13
;:v
-.;50O.
23%
C.
900
H Mar
9% Mar ; f
v
11 i
7%
1.900 % ■ y
j
• *
1V*'
900
f
-
>•' > 47/»
:i. 17.;
Z
Jan V
Jait
:'2%
-v
Jan,'"
>11%
ioV4
Mar
Jan->
1%
:
Jan,
18%
Jan
Jan Z.
,
Uutl
12% Jan
Apr
; ,-7%
Apr
*.•••'% Mar
400
■
Apr.
Feb >,
16 %
5,000
:
Jan V
24
"Jui
Feb
iy«
'
1%
17%
58%
y
r
1
12 Va May
>
/
700
=
i- Feb
-'•!
Janyy
9% Mar
1,900
>
Jan
••Mat'
96
-103% May
15
J*
2,300
1%%.
10% .
..
^Mar'Z!'.
51
,
f
.
Apr
13%
May
,
Z
25,100
IYVgZZ
12
13%;^-;
11%
;
Feb
-'
14% May
.
Jan
92%
Feb
14,% May
y,
10% Mar
90%
5</e '•
'
IIV2 Mar 1".
Zl,
:
;irvin$.-Air.'Chute^4l^-l->^^-4-—
Itaiidn Superpawer Corpr com ,cl A'.-—*
'.
11 la Mar
Jan
16%
;;i0%JJaryy
*
>—
shares.—
—,—
*
11% y. 11% :
International Products—-——10 5
.12%.;,. 12V2.
International Safety Razor B—_——•
1V4
International Utilities common,.—4-5
i 10%
-10%
Interstate' Power $7 preferred——.
• Z'i:—
Investors Royalty...,
1 v.%:l%
' 1%
Iron Fireman Mfg voting trust ctfs—•
17 %
1
" ^ 6%"~
7——1V *" 6%" *'
common——JL—1 '
^
Jeannette Glass Co common
Jefferson Lake Sulphur Co—
6%'
Jim Brown Stores
6%
*
20%
1
Electric 1% pfd——100
10%
124l >
•
•
;
4%
3,200
"5%
100
20V2
9%
,
75
20'A
Apr
Jan
7% May
Feb
6% May
'Z4% Feb
.'4% Feb.
200
.5%
'
—
y Feb
0
2.700
8%
7%
.,B%
2C%
Kokenge Co.^.——•
Preference
Julian &
5%
Apr
25'A
Jan
87
v
87
87
10
84
Feb
8 %
9 %
1,200
214
100
1% Mar
Corp com—1
4% 1.5
4%
,
25
24%
24%
6,600
25%
3%
23%
£1
Jan
General Fireproofing common
General Outdoor Adv 8% pfd
•
7%
5
6%
2,100
Apr
9
Mar
8
Jan
7%
6%
£%
10
8 % Mar
Jan
3014
31%
1
33/4
,"3%
"3%
600
3% Mar
General Plywood Corp new com—_50c
General Public Service $6 preferred—*
6%
6 Va
7%
12,600
7% Mar
Shareholdings Corp
100
3%
90
•
preferred
.
20
3%
91
25
ZI
_3%
20%
•
19
"4
n
16
12
12 V
Apr
3% May
96 y2
Jan
117
Jan
110%
'
"2,50
25%
25
25%
1,800
Petroleum
Kirkland Lake G
Klein
(IB)
Kobacker
5
Jan
Laclede-Chrlsty
——1
Inc
Jan
20% May
54
Apr
Feb
12
Jan
Class
(Adolf) Inc common
Godchaux Sugars class A
Lanston
Apr
31%
Apr
Le
21%
Feb
25%
Jan
Line
Tourneau
24
14,000
18%
Jan
24
15%
800
14%
Feb
21%
Jan
13%
13;
May
14%
Jan
Lit Brothers
Jan
3%
Jan
Loblaw
13%
1.100
2%
600
46%
48 %
100
42
Feb
50%
27 %
300
22 y4
Feb
28 y4
Jan
86%
50
Lionel
_II__l
%
84%
91
Apr
Gorham Inc class
50
____
.
Corp—--!,
A
;
1
common.
Graham-Paige Motors 5%
conv
Grand Rapids Varnish
10
pfd—25
8
400
6%
64%
63%
64%
200
50
153/.
15
15%
400
12%
54
37%
Jan
40
1.800
12% Mar
.1,200
3% Mar
4%
Jan
Mar
19'a
Apr
1 Vb Mar
UtV
.
.
4
18%
900
1'.%
11%
13%
13%
20%
21
Mar
56
'7%
1__5
preferred
Great Northern Paper
Grocery Stores Products
•
6%
TT1'
..
6%
100
7%
11%
9,500
100
25
105%
105% 108 %
134
133
42%
common—25c
Gulf States
Utilities $4.40 pfd
Gypsum Lime Si Alabastine
For footnotes see page 33.
100
40%
8
ZZ>
134
42%
8
Apr
-
—
y
/
v'y
■
—
I
Chain
>
Longlnes-Wittnauer Watch Co__
Lighting Co—
Common ctfs of dep
.
-
8%
Jan
7%
103% 103%
Feb
110
Apr
Apr
140
Mar
20
99% Mar
".
-
Jan
Apr •,
Jan
23%
Apr
8% May
Feb
■17%
Jan
;
.
Corp
Mackintosh-Hemphill
Maine
Public
Mangel
Service
Stores
Co
L_—
Co
—
—1—
common
Jan
Manlschewitz
9%
Jan
Mapes Consolidated Mfg Co
Apr
Marconi
(The B)
International
Co
*4,
-
Jan
900
11%
Jan
,9
Apr
IV2
>
Feb
9
Apr
22
Feb
Mar
28
Jan
29
Feb
24
Jan
Apr
Apr
-
25
.
>
Feb
23%
6
Feb
6'/a
y'9
Apr
18%
•
•
'
%
•»
>>
,
"%
;;
I8V2
25%
28 Va
27 Va
%
-
;:,
1.100
1%
Jan
22 %
Apr
18%
.
i6
;■> 18
4,700
-
Apr
15 Va Mar
1.100
!■
Z 25%
V-
-
"ii%
8%
Jan
10
15Ve Mar
12,300
21%
is Vi
>
:
900
30
Apr
V
,
.
9
22%
*
Apr
23%
21%
'
Jan
Apr
22
23
-
-
21
Feb
," 22%
450
20
Feb
26%
18
Feb
21% Mar
24
21%
71/2-
-600
7%'
%
®o
v
Apr '
Jan
8%
Jan
,% Mar
1
Jan
60
7Va Mar
y
8,000
Jan
49
Mar
44
Apr
55 %
Jan
15
Feb
20
Apr
10
110
Apr
112
.Jan
16%
900
15
Feb
18
Jan
17
17
10O
15
Feb
17% Mar
13 y
13%
800
12
Feb
14
Mar
21
Apr
23
Feb
35
•
Apr
37%
Feb
3%
250
55%
55
50%
1
53
19%
19%-. 19%
50 -y 50%
HOVi HOV2
—
.
16
2 "<•
16
5
:
•
1
•
-
-550
■
14,200
y
5%
10
13 Va
,
Apr
8,000
«
-
V
-
Jan
28 Va May
Mar
7% Mar
:
,,
5
*
pfd
Lynch
16
Feb
9% Mar
6%
;
l
£.300 :
"
7%
44 y2
105
;
13%
16
Apr
Mar
Jail
X25
>
Louisiana Power & Light $6
91
May
xl4%
3.400
8%t'%'
22
1
Jan
133
8
-
Mar y
...
17 Vb May
Mar
1
Jan
11% May
Mar
36% Mar
6%
14
Z:-y40o
10'A
9%
x8
-
10
18 y2
Feb
Jan
60
200
20%
rV
y
^
-
Steel
Lone Star Gas Co. (Texas)—.
Jan
300
950
13
.
250
•
.
11%
.100.
3.400
8%
25.
—__1•
A
65
Mar'
6% Mar
7
.; ~
100
«
_..
14% xl5
v
8%
8'/a
-
20
*
class
preferred A ctfs of dep_L_!
6% preferred B ctfs of dep
Louisiana Land & ExplorationL.I
9%
Feb
Tea—
stock
14
5,400
l.*«
•
Pacific
common
714
,
1
Gray Mfg Co
Great Atlantic &
54
*
Z
Feb
ZZ.:90
1%
10
•
.—10
common—
Groceterias
Class B
Locke
Jan
%
>
Jan
17 Va
--■tuff y
5
-
Long Island
Mfg Co
Apr
39%
Apr
-
1*0 Mar
6,100
Co
Lipto'n (Thos J) Inc 6% preferred
Jan
26
86%
26
•
Goldfield Consolidated Mines
May
2%
_
11%
103
99%
16%
i—iiL
Inc
(RG)
Material
15
*
1
t
Jan
20
4
^
.
-
Monotype Machine
22
2ya
9%
16
—
—•
—5
University.——5
Lefcourt Realty common
1
Leonard Oil Development
25
29
13
4
La Salle Extension
15%
1
$4.50 prior preferred
Mines Ltd
B
5
—
Gobel
Jan
9
200
>
Feb
Mar
-17
39%
8%
1
_1
j.__5
*
24
*
Feb
45%
5
Company—
Lakey Foundry & Machine
Lamson Corp of Delaware
Lagendorf United Bakeries cl A
Lake Shore
1
class B
1
Krueger Brewing Co
•
Glenipore Distilleries
16% il
—
1
Stores
15%
17'a May
101% 101%
—
Knott Corp common—
100,
..4
y
.
—
Co common
Rubber Co
(DEmil)
Kleinert
Ltd
M Co
.16%,
125
7% Mar
—100
1
J7%
1
4
1 w>17%
1 '*.% -1%
——•
—
—10
1
21 '
D
Corp.
Products
Kingston
Kirby
Feb
11
100
16%.
15%' Jan
11% Mar
y 8% Feb
123% Mar
Jan
Feb
-
preferred
200
Apr
100
2% Mar
650
•
;
Corp
Apr
5%
King Seeley
15,000
'■■■<% 30
17%
Mar
Feb
Mar
110
1,600
20%
5%
52%
Co
Gleaner Harvester
Glen Alden Coal
Feb
107%
Kimberly-Clark Corp—
' '
4%% preferred—
100
Kings County Lighting 1% pfd B—100.
10%
124%
16%
10
124
———————
Co
Jan
x9
84% Mar
*
Gladding McBean & Co
105%
2%
110
112% 112%
II
*
Jan
95
500
•
Giant YelLowknife Gold Mines
Gilbert (AC) common
:
35 y2
'
*
Georgia Power $6 preferred
100
Feb
98
1
com
$6 convertible preferred-
Preferred
27
-1,400
-100
Corp..—
May
25% May
6% Mar
—
1
31%
Phoenix
Apr
2% Mar
Feb
875
Apr
10'/a
General Electric Co Ltd—
Amer dep rets ord reg
General Finance Corp common
b% preferred series A_
Kansas Gas &
Kennedy's Inc_____—
-5
-+16%.
Key Co common-.l_u.4_^._—.——
Kidde (Walter) & Co.
5
87
6% Mar
214
preferred—
K
Kalser-Frazer Corp.—
Apr
'/a
1st
Feb
400
.1,650
.
51%„52
*
»
'r.v
Jan
Apr
2%
Mfg
"'
Apr
16%
a
7%
...j
.25%
1,600
56
'1
shs—112
12 y2
lS
1
Co
General Builders Supply
Non-voting
Jan
Jan
kr, 2% Jan
Feb'1'1-,
2 V.
16
28
56
_
■
31
Apr
•
Alloys
B
,-V
Kawneer
Feb
9
3,000
Jan
7% Mar
Mar
Gellman Mfg Co common
Gorham
7%
42%
,
11. 11%
9'/a May
19
8% Mar
:
General
Goodman
Apr
Apr
;
.
27%
•-1.
11%.
Jan
2
Feb
11 '/a Mar
7% Mar
50
common
'Feb
7%
800
•:
Class
6% May
Apr
5%
32%
Apr
1
1,600
9%
-
1
common
2
Globe-Union
Jan
France—
preferred
Gilchrist
Z
44
Apr
18%
•
Garrett Corp common—
$5
Jan
4%
13% May
■
38% May
14% Mar
Gatineau Power Co
General
.
411/4 Mar
4
Apr
80
..
Jan..
Apr
;yiV. vv
4%% conv preferred
Fuller (Geo A)
Co
General
19% May
Mar
■
y
Mar
40%
•>;
15%- Apr
30
3
2%
.
38
-
—
£1
of Canada—
conv
.35%. Jan
v
;io9% May
Feb
3
9%
175
__
1
Franklin Simon Si Co Inc
5%
X65
.
'
Jan y,
148
Feb
,
Feb
400
Registered
52
1
Amer dep rets bearer..
Fort Pitt Brewing Co
5%
-
1.100
v-;
.28
%
International Petroleum .coupon
17%
14'a
•
International Metal Industries A—*
29% Mar
til
5
10 '■
dep rets ord reg
Fox (Peter)
Jan
1,200
200
—:
50
——•
common
Preferred: $3.50, series—--.—r——50
:
Apr
44% May
8% Apr
Apr
Co
International Hydro-Electric-—,•..
Co—
Class A non-voting
Class B voting
Ford Motor
44%
19% May
2,800
6%
,
16%
•
5%
.
10c
Stores
Ford Motor
Feb
Jan
—
7
Apr
32%
5%Z 5%
»
Apr
20%
•31% Mar
200
19V2
78%
3%
13%
-6
.
29%
105%
10
-
Jan
Ford Motor Co Ltd—
Amer
140
150
Apr
Feb
,
-
F :,y
16%
•
(Phila)
First York Corp common
$2 div cum preferred
5c
•;>:
ZVy:#'yfeyZ
Engine Si Airplane—i
Metallurgical
;
(MH)
r
*
v-.'V
Fire Association
/ '•/,
•
Fairchild Camera
Flshman
Jan
4%
,
May
~41%
10
Imperial Chemical Industries—.
"
.
i
^
•100
% Amer dep. rets Registered—..^..—£1 '
"..4- 'A
4% .'-4%'
10,000
Imperial Oil (Canada) coupon—14%
-/13% 14V2
600
Registered —:
* 'V * 14
••14%
Imperial Tobacco of Canada
4—5
10%
.10%- 11 y4 ;; 2,200
Imperial Tobacco.of Great Britain
Si Ireland
£1
—- " 4
—
80
Indianapolis Pwr & Light 4 % pfd—10094%
92% >94%
1,100
Insurance Co of North America
10 iv. 103'A ■?; 101
103 'A
300
International Cigar Machinery
—13
13'%
24% May
Feb
Mar
41
400
7%
6 %
Zinc
Illinois
'
Fansteel
19
42% u-43
4-
Illinois Power Co common5% convertible preferred
Apr
Jan
29
Feb
28
7%,
-7% ;>a
10
14
43
Jan
6%
1,400
1% .2
44%
•
43
1
1
%
8
13%
13%
10c
Esquire Inc__
*"7%
.
5
1
May
92
1
13 %i
146
2% Mar
15%
175
!■
.
Feb
Feb
14
6,600
100
preferred
Feb
3%
700
24%
2%
12% May
Feb
9%
126
I.
57% May
Feb
8%
200
14%
23
y
■
50
$3 convertible
5%
5%
Feb
50
19
10
Inc
common
Fairchild
24 '
—
.,
Mar
"
Apr
10% Mar
17,800
12%
1
preferred
....
Jan
Apr
5,800
■y-
142
i
common
.
Apr
Apr
Feb
—
—1—>,•-
preferred—
——4—1
Hydro-Electric Securitles.44_^-iW-i^»-r*
Hygrade Food Products_i..
——5,.,
Apr
79%
100
150
—
1st conv
Jan
4 '/a
Feb
-
Huyler's common
Jan
53%
1,300
yz goo
139% 142
12%
2d pfd A__*
Electrographic Corp
5%
12
v
•
New
80
80 y2 May
3
33Vb 33Va
109% 10&y2
—100
preferred.
New
6% May
Feb
Mar
2% Mar
75
56
y*z:
1
Easy Washing Machine class B
Electromaster
69%
■>
__
5%
54
100
.
Horn
57
1,700
68%
68%
—1
Elliott Co
May
7%
55%
9%
Feb
Associates—
Com shares of beneficial int
Option
3%
78
19
41%
Jan
65 % Mar
25
55
3%
3%
76
2,075
78
l
A
5
175
80%
79
"3%
28,900
83
55
♦
series
6%
5%
79
.
79%
$6 preferred series B._
Eastern
■
-25
Eastern States Corp
preferred
82
.100
Eastern Malleable Iron
♦7
:•
6
common—
4'/a %
20
41%
,
900
20
41%
28%
,
Jan
$2.25
East Gas
.
8
Feb
12%
—
14
Feb
300
4'a
4'A
14
Jan
12
£1
—
*
•
•
—*
& Co common
Hardart Baking Co
—
(Geo A)
Hormel
4
28%
.3%
J
Horder's Inc
76'a Mar
74% Mar
Horn &
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
Durham Hosiery class B common
Duro Test Corp common
Duval Texas Sulphur
Apr
73
Apr
-
200
50%
49%
-« :
/
\—
,
—•
Holly Stores Inc
Holophane Co common
74 Va May
Mar
—
—
—
Apr
11%
Feb
36
10
Driver Harris Co
Holllnger
Jan
10% May
98%
'
200
Corp
,
Apr
Apr
11%
.
Feb
Mar
96
•
Dominion Tar Si
Feb
10
13%
12
*
.
-.^50
5
Consolidated G M
56%
600
10% 10%
,~y97%-97%
— 5
73 • 73 *£££:-[
6%
6%
—1A
•
3%
2
Jan
Apr
2% Mar
.
—1
Henry Holt & Go common
(R) & Co- c»s« A
Jan
6% May
Feb
Mar
\ yy—
—100 v,
Hoe
9%
Feb
5%
14%
9V4
• 12%
.10
y y 10%
—•
—
5%% preferred w w_——
4% preferred » Wii--..-—*-100
21% Mar
21% Mar
11 %
Feb
.
200
30
14%
9%
12%
—
Heller Co common
dep rets ord reg
Dobeckraun Co
common————5
25c
common
——*
Mining Co
7%
100
'<>7*
800
—
,
Stores
Hearn Dept
Hecla
Distillers Co Ltd—
Amer
..High
Low
8%
6%
■
——""H
Paper.—
Hazeltlne Corp—
Jan
Feb
12%
2%
2%
—
Hartford Electric Light—.
Mar
11
Apr
9%
140
1
common
Apr
2,000
Bridge Co Ltd
Hamilton
Feb
7%
10%
10
Devoe Si Raynolds class B
25
50% '
Hartford Rayon common—
—J •••'•■ 3% v
Harvard Brewing Co
—
1
.—y.yy
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc—
1
8
.
35%
26%
27%
I
Manufacturing
Gray Iron Foundry
Detroit
Hammermill
Apr
10
O
8
Detroit
Jan
57/a Mar
■
Detroit Gasket Si
Feb
7%
34
'10
100
Derby Oil Co common—_
Range Since January l
High
8 /2
—
37%
6% Mar
700
7%
34
34
—
J
Cd
Lamp
Jan
34
35
50c
5
Low
Shares
H
Hall
Dayton Rubber Co class A
Dejay Stores common
Dennison Mfg class A common
8% debenture
—!
!
Par
D
Davidson Brothers Inc
for Week
Range
of Prices
Sale Price
Curb Exchange
High
Low
High
2,50
Mills
Davenport Hosiery
Last
STOCKS—
New York
Sales
Week's
Friday
Week'e
Friday
STOCKS—
—_•
Feb
7%
Apr
Feb
Marine
Communication Co Ltd
£1
.
.
•
100
"
2%
Apr-
COMMERCIAL
THE
Number 4697
Volume 167
YORK
NEW
1
Week's
Last
Range
Exchange
Curb
of Prices
Low
Par
10
High
Low
McCord
13% Mar
100
4V2
7%
150
6%
Feb
1%
8,700
31%
30%
34%
6,000
41
350
10%
;■
10%
600
20
20%
2,100
4,600
——i--./.;:—*<
5%
Penn Traffic
5% May
■7% May
Feb,
7%
227b Mar
347b May
37Ve Mar
44%, Apr
Feb
12% Mar
7
9%
-•
1
Johnson
20
Co_—
&
Menasco
;
*
2%
Participating preferred——,
Michigan Bumper Corp,——,
Michigan Steel Tube
2Va>
5%
Mfg Co_
1
Merritt Chapman & Scott warrants
eVzVc
A
preferred-—-————100
Mesabi Iron Co,.
/
;—
1
Metal Textile Corp common—— ^25c
~5%
preferred
_
Midland
Feb
6%
500
7%
9%
3,500
1,700'
.
Co
Jan
10
29
Apr
8%
9,800
574
Feb
87a
77a
Feb
9%
Pneumatic
Apr
Pratt
2374 Mar
22
.—_*
~3%
4%
Power &
Molybdenum
3%
•2
6%:
77; 7?-7 Jan
700.
600
6%
ri:''77''
7%
Z
1
-i——1
■<—
5
27s
Feb
500
10%
Apr
170% 172%
,170
-
35 %
225
3%
4 y8
1,700
35%
35
Public
Service
4% %
4%
17
17
17%
.i
National Bellas
National
>
7%
-
— — —
98%
29%
.11%
37
37a
Jan
127s
Feb
:M/' 10
98%
2578
11%
11%
400
k
13%
200
::
3%
Jan
3%
32%
117a
11%
117a
14 7:
14
14%
14%
15%
13% Mar
47a Mar
167b
337s
570*
7-
•
1
National Pressure Cooker common—-2
16.
iHerman)
Corp
H
New Mexico &
68
67%
68%
500
58%
Feb
15%
14%
15%
8,900
8%
Jan
"474
n
Y Auction
N Y
Co
4%
N
Y
Shipbuilding Corp—;,
—
4%
-
-
Niles-Bem ent-Pond.
137s
1,300
87«
4%
1,700
10
7
19
8
6%
340
5
9%
......
-
16
5
11%
Jan
1%
May
8% Apr
^
'
^_25
Paramount Motors
Telephone
For footnotes see page 33.
•
Jan
14
S% Feb
470
79
20
144
Feb
90% Jan
161
Jan
400
12
Mar
13% May
Mar
2
'
4%
2 Vs
Feb
% .Mar
'. 161
.
c
•
•'
•
l-ft Jan
427'7
-600
•200
$ ?. 2 %"*Apr^-'fe4' ''W'Feb
V
2%
':;2%;
■
3
2%
■
15'
37%
11%
'17%: 17%'
100
97
'
•
103
■
1% 7
1%
39%
105% 107%
733%
r
6%
900
34%
•
6%
,
1% Feb
75
7
120
7;
33
700
30 Va
15
7;
150
23
7
700
—
8%
7 8%
34
r-
.
4
30%
9/
34%
30%
,
&
Pendleton
: r
14
15
>7
"
7%
400
2,700 '
17
28
26%
28
22%
21%
22%
-93
1
98
3% Mar
Feb
Y7% Jan
Apr
11% Apr
23
•
100
29
230
101
Feb
Jan
100, i
Mar
12% Mar
Mar
32
Ltd—":'•'771..
rets for ord
*
■
Apr
•
£1
5
10%
10%
10%
400
5
reg
Corp common.—
Field Inc..
4%
4%
4%
400
50
•«0
"Feb
550"
-42%.Mar
100
23%TJan
13
Jan
30%
Feb
22% Apr
99
9%
12% Apr
Feb
-4% Mar
32%
33
31
16
8%
16%
10%
11
8%
10
Jan
3% Jan
3,600
7% Mar
500
/Jan
47% Apr
26% May
May
Feb
16% Apr
11
Apr
7% Apr
11% Apr
6% Jan
Jan
2,500
-4% Mar
13% Jan
8% Mar
2%
1,800
2Va Mar
3% Apr
4% «Jan
$2
conv
:
10%
8%
7% Mar
14 V*
300
4%
9
33
Jan
150
«%
11
5%
9%
25% Jan
17
2,200
1,200
5% Jan
24% Mar
1% Mar
Co
Steel
Leather
3
27
14%
10%
Feb
2Va
100
14
16%
2%
22
2%
<
3
19 Vs
20
77%
16%
78%
.
24% Jan
3
Apr
20
Apr
12
Jan
90% Jan
5% Jan
20% Mar
1% Mar
50
13,900
2,950
13%
Feb
74
450
Feb
75% Mar
3
May
1% Feb
2,500
700
400
2% Mar
1% Jan
% Mar
500
10 V* Mar
13
common-—
12.
of America class A
—*
Ltd—
*
SUex Co 'common--ii—
Simmons-Boardman Publications—
Breweries
$3 convertible
"
16
15
600
12% Feb
66%
70
106
1,500
22%
15 Va
15%,;
kTanufacturing Co——--1'
8%
•7%
7%
3,000
230% 233%
380
7%
1,600
Corp-.—w-—-^—-1
14
13 V*
3%
1,100
4%
,4 V*
15,400
87/a
4%
2,100
1
4%
common.-^—-—,.12.50
Pipe Line——————10
42 Va
Oil
Pa
California
preferred--———-—25
4.48% conv preference——
25
4.32% cum preferred
——25
Southern'Pipe XJne
—-—■—.1
Southland Royalty Co—^.-^—-——5
cum
Spencer Shoe Corp.-———
Stahl-Meyer Inc——________
Standard Brewing Co—-—
-*
-2.78
Mar
6% Mar..
Mar
88% Mar
'25% Apr
8% Feb
800
.
2% Mar
X3% Feb
7 V*
3%
Feb
Feb
.
Apr
11% Jan
36
Mar
7% Mar
Feb
256
4
Jan
90
Jan
25% Apr
14% Mar
4
Mar
4% May
9% Jan
4% Jan
42
42%
2,400
33% Jan
29%
29%
30
29% Feb
Apr
31% Feb
41
41V* May
Edison—
original preferred——.—25
Apr.
225
3,800
3%
; 3%
8
Penn
14%
3%
8%
South Coast Corp common——^
Apr
3% Feb
4%
4.88%
22% May
17% Jan
11%
7%
Manufacturing common——-1
South
12 V2 Mar
preferred———100
(Howar4) Paper Mills———*
Co—-i———.-1
108% Apr
104
Jan
18% Apr
36
•7%
Mar
25
20
.
233'/a
Apr
16% Jan
73
.Jan
900
■
8%
18%
Feb
11%
;
22 Va
15%
62
preferred-—
Simplicity Pattern common^-——---l
Singer Manufacturing Co———100
Singer Manufacturing Co Ltd—
Amer dep rets ord regis——— £ 1
Sioux City Gas & Elec Co—
v
5%
600
300
106
—*
3% Mar
Feb
3 Vs
18 Va
14%
66%
-25
preferred—1°9
Sick's
2%
3
May
13% Mar
Feb
18
:—5
Jan
18% Jan
2% Jan
Feb
Feb
2
5,400
2%
33
-14% May
2% Jan
1% Mar
400
17
22
Jan
3% Jan
2 V. Mar
,
Apr
12% Jan
Feb
31%
2 Vs
38%
Feb
400
6,500
1,100
1,500
30%
common-
Co-—
Sherwin-Williams common
Southern
Feb
Apr
Mar
37% Apr
500
Jan
Mar
26%
Mar
United Corp common
Mar
,23
44%
93
Jan
23
7% Mar
24
600
26%
87
27% Mar
15
17% Apr
43%
140
100
12,800
Southwest
Feb
26 %
2%
1% Jan
5,300
92
32
4,100
*1,600
Jan
10
44%
2%
90
32
11%
Soontonr
25,000
17%* Feb
2%
2%
92
38
Boss
30% Apr
*1,500
29% Apr
4% Jan
10%
Apr
104% Jan
96
'
4
".J!;,
35%
A
Apr
36
•■1^3%
;37/8
Sheller Mfg
Jan
23% Feb
15%
1,400
3% Jan
24% Jan
18% Feb
24% Mar
Shawinigan Water & Power-——•-«-
-f v
35% Apr
Jan
6% Feb
32% Mar
23
16%
150
400
*
Inc new com
Shattuck Denn Mining
.
'40% Apr
14% May
7
-
91
101% 102
22%
28 Va
pref—-
Seton
1% Apr
y9
3% Mar
21%
(R B) Inc.————
Radio Corp common——
Safety Control
Serrlck Corp class B.——.
V:7
14%
•
Feb
6% May
Apr
5% Jan
1% Apr
Sentry
104%-Apr'" t- '109% Jan
1,400
22%
Jan
25%
Jan
34 %:FCb 7""- ^:^42% Ja n
:s'v7 7, Peh
"11% Mar
^ 16
Apr
;v>22% jan
71,600
1,700
«28»/4
'"
1,600
10,200
2%
Mar
8% Mar
Feb
4%
Semler
"
Feb i
Feb
19 V* Mar
Sentinel
21% May
;-2%itFChMar
90 •-/ ■ Jan*
--94 " Apr'
-;
3,600
Mar
-
5%
2,100
1,600
21%
$5.50 prior stock-——-•
/^ Allotment certificates—-
7' 33
2,400
54
7,500
28 %
Segal Lock & Hardware
Selby Shoe Co----/---^-->'-------*
Selected Industries Inc commonConvertible stock
May
18 %' Feb
"'V'6"%-: Feb'•'"•••7 7 7% Mar
Mar
Apr
Apr
Jan
Apr
55
30% Mar
10
8%
24%
18%
1%
31
34%
Feb
29
800
54
■
%
150
33%
23%
23%
t
30
7%
Geeman
Mar
12
200
29%
Securities Corp General
Bros Inc———-
9% Apr
-7
"
14% Mar
1%
2% Mar
1% Feb
150
54
Goods
Dry
22,900
33%
•
Richmond Radiator———-——1
Rio Grande Valley Gas Cb—
: / *
(Texas Corp) v t c——_—-——1
Rochester Gas & Elec 4% pfd F
100
Stix
Rice
2%
18%
1%
;> 1%
Regal Shoe Co——.--.--1
Reis XRobert)
& Cb—————1
Reliance Electric & Engineering
5
Scullin
11
25
50% May
/
13%
Savoy
%'Mar 7-/7 -44% Apr
33 v Mar f
44
Apr
14
—^-_,_5
common—
6% Mar
18
8
Jan
*400
Corp^—_^_—
$1 cumulative preferred-
Feb
97% Jan
Jan
148%
85%
18%
Manufacturing common—__5
Jan
:i 13%- Mar','7-
—
Parkersburg Rig & Reel—1
Patchogue Plymouth Mills——l,
i--»
Peninsular
90
13%
30
Jan
;
42
y
102
'
•*
$1.30 1st preferred
...yPage-Hersey Tubes common..^-..
_*
Pantepec Oil of Venezuela Amer shrs—
Parker Pen Co
375
86%
117
4,000
37%
34%
25
Pacific Power & Light 5% pfd—ilOO
Pacific Public Service com——
*
.
9% Mar
98
94% Jan
146
*
Oil "Inc (Del)
Sayre & Fisher Brick Co—
Schulte (D A) Inc common
Scovill Manufacturing ———
22,000
•; %
23
—
^
preferred—
150
86
Solar
1st
97%
•
—100
102
9V« Mar
■i; 12
v.-
7
;
r
Lighting $5 preferredi_i
Apr
Feb
3.90%
5%%
10% May
Mar
Feb
Smith
Pacific*
9
12
Solar Aircraft
•
14
Salt Dome Oil Co————t..;
19
/ Feb
8% 'Jan:
■r
.
1067*
3472
i
;
1
;
300
97.
St Lawrence Corp Ltd com
Feb
16%
-v-
1st pfd
8% Apr
Apr
2% Jan
Feb
36%
.V Class
May
77%
39%
O'okiep Copper Co Ltd Amer shares
Pacific Can Co common—
6%
400
10% Jan
Apr
% Mar
i;'7z 100
2,200
19%1 21%
—
Omar Inc-j-—-i——1 zZ 15
Pacific Gas & Elec 6%
10%
13% Jan
9% Feb
1% Jan
2,000
10%.
Co.——-—^-1..
Rotary Electric Steel Co—-——-—10
Rowe (The) Corp common
1
Royallte Oil Co Ltd.
;
-,*
Russeks Fifth Ave common
1.25
Ryan Aeronautical Co
1
Ryan Consolidated Petroleum—--——•
Ryerson & Haynes common
1
Jan
Jan
40
7'
11%
-—100
——
,
900
1%
700
32
15'
Feb
Mar
92
3,700
16
•;*
,7
_*
—15 '
Securities—
800
14
1%
Root Petroleum
Jan
7%
41
■
Oliver United Filters class
Overseas
8%
,•7%.
200
Roosevelt
Apr
15%
..
—50c1 %
1
Feb
13
Shoe Corp
Gas
37
7%
4%
preferred
250
93% Apr
44
Apr
May
6% Apr
17
Mar
13%
Sherwin-Williams of Canada—
Distillery--—
Jan
11
50%
Rome Cable
■7'77:
Poindexter
13% Apr
87
7%
Roeser
7 72% Apr
10% May
:
1% Jan
83
May
X92%
1,500
710%
10%
;10%
Old
9% Mar
40
50
13%
:' Rolls Royce
Amer dep
6-
r-'MVi/Feh*
7'*7 -Feb;
21,200
7 575
95%
•94%
Northrop Aircraft Inc-^
———zl y7:;
Novadel-Agcne Corp.
-♦
Oklahoma Natural
2,000
90%
42%
50
peb
12%
Feb
14
'
V-i
Mar
27
700
101% 101%
Ohio Power 4 % %
127/b
13%
7%
Jan
92
Feb
1%
75
200
32
10074 101%
8%
-
RR -Co—1^—-50^-:-. —"
commom.—
Ohio Brass Co class B common
Jan
,
15% Mar
Feb
.
Feb
13%
k
Jan
"S9 %
:7'; 6
1,500
21,700
10%
' Mar
10
/
47* Apr
4% Jan
'
Feb
Feb
$;>% Mar
7
3% Apr
7
274
Ogdeh Corp
Jan
3%
4% Mar
13%
11%
Jan
4%
'
50
.7
70%
,
/
210
Northern Indiana, Pub fiery 5% pfd. 100 7 101%
Northern States PowerClass A^^__25 "j'-.i- ■ 37 V4
•
14 V*
50%
10
Feb
13%
*
/
Jan
1
-
75
95
19% May
7 ?% Mar
I
1,300
17%
Airlines—
Perm
47'c
87%
32
;
—
-
North
'Jan
500
1,600
90%
1%
Packing Co common—.-10
Raymond Concrete Pile common——*
$3 convertible preferred—
——*
17% Feb
Mar
3%
—
—
-
5
4%
13%
Rath
*
y
»
•
Apr
17
6%
93%
Voting common
10
Railway & Utility Investment A———1
34
9% Apr
1% ii: 174
1,500
7/77 '82 7, 83'-. # r y». 15
Corp class B—
1
—
<y
Nipissing Mines.—
5- •
!
yi Noma .Electric—-—-—I-;/: 15%:.
: North Amer Light & Power common._1•% 7%
■f. North American Rayon class. A——_*
l— 4
"'--Class; B common* ?//;/
North American. Utility Securities.
* 2 Va;?
North Centrafc .Texas
5- 20V4 Northeast
16
12%
12%
90%
preferred—.—100
Apr
12% Jan
16% Apr
15% Jan
Feb
15
200
8%
Nineteen Hundred
.
2,100
v;; 14%
1 €9
.
~
—*
>Wi
~
Feb
41
68% Apr
4%
6%
95
Samson
Niagara. Share Corp class B com
:
4
27/8
2%
£ 3%
-
k
...
—
»
-
Niagara Hudson Power: common
1
*5> 1st preferred*—100
5% 2d preferred—4-.—^---100
.Class B optional warrants.
*
13% Jan
16%
5%
17
9
Jan
/
Founders, shares—1
Mar
.
R
]3%; Jah,
Apr
~
.10„
800
10
9%
*
*
Merchandise.
.
—
.1
common.—7
Y
4%
V;
'400
86
10
Honduras Rosario———10
it
N
Feb
*
Radio-Keith-Orpheum option warrantsRailway & Light-Securities—
"
735% Jan
15% May
77/» Mar
/
V 300
97a
19%
4%
.
■
300
9%
■
13
—
.25
New Process Co common——
Feb
39
Apr
Feb
12%
?
500
14
Arizona Land.——. ..1
New Park Mining Co————:
r
:
7
13%
—0
New Jersey. Zinc
1
'
1.— 5
England Tel & Tel.—
—.100
New Haven Cloek & Watch Co
1
4%% convertible preferred..——1.20
f
Mar
2
xil
Apr
Feb
12%
900
1,200
9%
2%
New
■■7
•
4%
5
1
Mar
4
1,500
Colorado—
Oats common—
preferred
Quebec Power Co——
15% Jan
2% Mar
33%
11%
3,600
19 7«
30c
Neptune Meter eommon——
> Nestle Le Mur Co class A
9
i
"i'/s
Machinery——,—10
National Steel Car Ltd————-7—
National -Transit common:
—1—1
Nelson
.
4
National Rubber
v
~2}g
3%
I
*
6%
Apr
) 6
29% Mar
-
7
National Mfg & Stores common—— 1
National Union Radio
28% Jan
Apr
12%
3
1
13%
;
Jan
7
'
—,
Feb
12%
.—2.50
13%
-11% Mar
7;
5,200/
'3%
1178
Radiator Co
Jan
9% Jan
2%
22
Quaker
Jan
29% May
500
.25
National
National
-400
2%
3%
% Mar
17%
200
13%
; 3%5%
33
1
<
26%
prior preferred——
—*
Puget Sound Pulp & Timber
•
Pyle-National Co common—J._———5
Fyrene Manufacturing—;
—10
/ 31% May
100% Jan
97% Mar
7 200
.
,.v
Jan
Yp 13%
Breweries common---—-—*
Fuel Gas—
National Mallihson Fabrics.-
* 25%
12%
$5
Mar
4%
Feb
.26%
13%
57»
preferred
Feb
Puget Sound Power & Light—
Jan
175
350
,
,
29%
129
11%
i-.—;
Hess common—7.
6%
500
11% Apr
6
Jan
10%
.
3474 Mar
3,800
30% "31%
'
common.
Jan
7 3% May
27«- Apr
*
-Jan
v*
Corp;
Inc
Namm's
8%
2,500
1,500
Reed Roller Bit Co_-———1----—*
Nachman
Feb
9% Mar
3% Mar
7%
42
America.
cumulative
Raytheon
:
Mar
5% Jan
62% May
•
V'
Muskogee Cocommon—.——10
7
48
500
37/a
,
—
of
6
54% Jan
8% Mar
.7'2% Feb
200
170
Providence Gas-
Apr
27
«% Mar
5,000
11
■
_100
Muskegon: Piston Ring common
?,
3%
2%
2%
'"
172
.
7
.800
Apr
Jan
1,900
11%
9V8
—
common
of
Apr
Jan
Apr
2%
100
Co_—
Inc
Metals
4
9%
common—--*
Corp of NevadaProsperity Co class B—
6% May
104
Jan
Mar
Mar
712374 Mar
•
7%-
3%
2%
11
'—*
__2.50
_•
-
Jan
11%
3%
.
7'V liAtei
7%.;:
<
Pressed
600
7%
—10
Producers
May
3% Apr
77. Apr
34% Apr
Mar
Lambert
Prentice-Hall
Apr
20
96
;_*
Tel & Tel
Murray Ohio Mfg Co
24
Feb
13%
450
7,500
7%
Mountain States. Power common——*
States
;
3y8
6%
Monogram Pictures common
Monroe Loan Society com class A
1
Montana Dakota Utilities—
—.—*5
Montgomery Ward & Co class A—*
Moody Investors partic pfd-tt-^^i.;-*
Morris Plan Corp of America
10c
Mountain City Copper common
5c
Mountain Producers
10
Mountain
20
47s
Feb
30y8
;—•——_*
Corp—-—
Jan
./18
Light 5% pfd__100
Missouri Public Service common—
Feb
3%
100
3,200
# 7%
7%v
.common—
50c
convertible preferred———50
Minnesota
7
18%
j Miller Wohl Co
Mining Corp ot Canada
22
19%
4%
23%
V 4%
23%
125
23
22
————50c
Co_——j-——10
.28
25%
&
Jan
2%
47/8 Feb
39
Mar
1,200
4,700
1,700
1
—-
1st preferred
6%
100
5%
6%
105
101% Apr
shares—
common—
Power Corp of Canada
13% Jan
10% Mar
225
11%
Scale
Apr
250
62%
3%
26%
2
300
Feb
4
60%
3%
High
6% Apr
4
43
11
Polaris Mining Co.
i———25c
Powdrell & Alexander common
2.50
Apr
14,800
60'A
—_
Apr
Feb
19
9%
10%
Midwest Piping, & Supply common--—*
Mid-West Refineries
1
*'
Jan
9%
_*
5%
4
—
Apr
2%
Amer
Piper Aircraft Corp common
1
Pitney-Bowes Inc
2
Pittsburgh Bess & Lake Erie RR
50
Pittsburgh & Lake Erie—
50
Pittsburgh Metallurgical common—._5
Pleasant Valley Wine Co—
%
Apr
Jan
77/B
*
common
Oil
Midwest
;
10
Feb
Ltd
8%
■
41%
43
.
common——
Johnson
Pioneer Gold Mines Ltd
:v
Abrasive.
Mid-West
v
7%
9%
7%
Pinchln
Steel Products—
Midvale
4
49%
Feb
67b Mar
*
$2 non-cum dividend shares——*
t
Jan
7%
300
,
Pierce Governor
Jan
67a May
5% * Apr
7% Mar
1% Mar
300
(■' 28%
2T
.
5
pfd
1%
110%
Feb
57a
,
200
9%
8%
9
28%
__1
—
-ki.yiZzZk.
-
Midland Oil Corp $1 conv
3%
1%
t
;
200
9
.
-v-_10
t c-4
v
5%
6%
9%
-7% May
Feb
43
Middle States Petroleum class A v tc__1
Class B
3%
Jan
3% Mar
Feb
400
12,300
—15
Micromatic Hone Corp_
Ex-distribution '/_;
5%
7%-
,5
6%
25%
Jan
lOe
—_1
.2.50
.
;Middle West Cprp—
1
~6%
7
Michigan Sugar.Co common——,___*
6%
2%
Mar
20
Low
5% Mar
300
103
103
5%
*
—
.
Mead
2%
•2%'
Range Since January i
7,700
4%
4
103
2.50
CO
Penn Water & Power Co——
Shares
6%
4%
Pep Boys (The)—
1——— -Hi,
Pepperell Mfg Co
—20
Perfect Circle Corp
.2.50
—i;
Pharis Tire & Rubber common
-50C
«.
Philadelphia Co common—^
Phillips Packing Co^;i—L
—
Jan
2
1 v* Mar
for Week
High
6
Penn Gas & Elec class A common_
Penn Power & Light 4 % % pfd
-100
16
1%
5%
— —-
McWilliams Dredging
LOtO
Par
10% Apr
Apr
8% Feb
300
18
41
Corp common.
$2.50 preferred
'
2,600
10%
Sales
Range
of Prices
Corp common
— —1
Penn-Dlxie Cement warrants—
1%
McAleer Mfg Co common
___.;__1
5% convertible preferred—_•
—10
McClanaHan Oil Co common—
__1
Last
Bale Price
'
Exchange
Curb
Pennroad
15%
Week's
Friday
New York
Range Sinee January 1
High
10
10%
Massey Harris common
'
7
STOCKS-*-
Shares
M
Marion Power Shovel
EXCHANGE
RANGE FOR WEEK ENDED MAY
for Week
Sale Price
STOCKS—
York
CURB
{2055)
Sales
Friday
New
&. FINANCIAL CHRONICLE
26%
25%
41%
30
35'/* Jan
26% X27
25
25%
1,400
1,300
26% May
25
May
23 V*
600
23
"VU
45V*
7%
43%
7%
700
23
Jan
4% Jaft
Feb
36
46
1,200
400
3% Feb
3%
H%
4
5%
5%
500
5
Feb
1%
IV*
200
1
Feb
43
28 y*
Apr
29% Jan
25% Feb
7% Mar
May
4% Jan
46
6% Jan
1% Mat:
31
Week's
Friday
Last
STOCKS—
'
Convertible preferred
21
—
Standard Dredging Corp
Oil
Standard
28%
2%
2
7%
7%:.
4%
7 3
' ■•3.".
4%
4%
Standard Tube class B.
(The) Corp—
J-D
J-J
98%
Apr
Steel
1998
6s.
& Co commonSterling Aluminum ProductsSterling Brewers Inc
{Sterling Engine Co
Sterling Inc.
25%
(A)
26%
18
8%
6%'
A5s (20% redeemed)^———— .1948
.1954
A5%s (20% redeemed)
13%
Co common
•
(Hugo) Corp
Stop & Shop Inc
(Bait)
P.—.
1st ref mtge 2%s ser Q
1st ref
Feb
it Co common
27%
5%
Corp_-
Sun Bay Drug common
32 %
10
•
Feb
Technicolor
Inc
Power St
Texas
118%
Shovel
Thew
Co
Feb
44
Allied
12%
.
Feb
;
11% Mar
5%
7%
Security Trust Co Ltd
dep rets ord regis
Amer dep rets def regis
Todd Shipyards Corp
Toledo Edison 4%# pfd
Tonopah Mining of Nevada
Trans Lux Corp.
5f-N
Tri-Continental
war ran
1%
N
92
1
Mar
1%
ts.
1% Feb
6% Apr
2% Apr
-
'
Feb
29% Mar
30
A
1993
9
12
Unexcelled
5% Mar
1953
J-J
A-O
A-O
96%
62
Apr
3%
Jan
A7s
-
1941 coup)
(Dec 1
1941 coupon)
(Aug
43%
i8«
Apr
31%
Apr
1952
A 7s ex Nov 1
f
16
Feb
20 Va
Apr
United Light & Railways
United Milk Products common
Feb
20
17%
21
245
.1956
30
Jan
25
109%
m-a
'7
common:
;r'
U S Air Conditioning Corp
U S Foil Co class B
International
M-N
1st preferred with
U S Radiator common-
3 %
•
:
warrants
15%
2Vh
78%
15
15
U S Rubber Reclaiming Co
United Stores Corp com
1% 7-7 1%
Feb
10
2,100
2% Mar
Feb
Feb
Feb
3%
81%
18
3
Jan
400
1%
Apr
2%
700
2%
Jan
2,800
38%
Jan
250
26
'/I 3%
-5.1
,1
21
Venezuela
Syndicate Inc.
Vogt Manufacturing.
-20c
7%'
Jan
29
Feb
2%
3%
19% Mar
700
.
Jan
20
23% Mar
600
21%
.7%
7%
82";
>7 82
9
8%
&
4%
.
800
.
.
9
i
,7/7
10
.80
4,700
4%
4%
13%
-1,
.
'"777-; 2
106%
•/j.'TIi-
101%
103 Va
105
106%
101%
102%
11
88 Vi
$104% 107
.
'
^
_
25%
82%
5
:
.7
92
103% *103
103
—
106
19
,
25%
M-N
.1952
$150% 151.
A-O
34
1981 :
140%
99% 100
100
v
M-N
$99Vi
M-S
.1970
65
'
—
113% 113%
—
4
7 33
J-J
104% 104%
A-O
104% 104li
1971
7
7 \
■
J-J
1070
F-A
$100
101
'
07% 101%
101% 105»/»
1
104%
6
101% 105%
A-O
$14% 115 %
7
1966
A-O
$62
1946
J-J
$28%
-1989
5s
98
_
104% 104*%
101
101%
77:"
M-N
1950
Gas & Elec 8 Vis
(A G)
1973
151
103%
101
100
7- 7.-
1
„
99%
104 Vi 104%
104V8
98
105%
(Calif)
Counties Gas
A 7-4s
3rd
Corpstamped
Stinnes
A7-4s
(Hugo) Industries—
2nd stamped
13 %
,
Jan
A6Vis ex Aug 1 1947
22% Jan
200
Feb
xl2%
Jan
r Jan
4:9% Apr
4% Apr
2% Mar
2,800
,
10
98
Mar
Apr
5% Feb
14
Jan
.1946
A-O
28
7 Ternl Hydro-Electric Co—
v
V
A8Vis with Aug 1 1940 coupon—1953
2
>
100%
100% 105%
96 Va
5
14
101%
114% 116
64'
■
63%
75
33'
22
30%
21
30
28
.
28%
28
f
33
5
-
■
■
28
:
21
*
19
38
"$13.
coupon—-(.1953
United Electric Co of N J 4s_
.1949
J-D
~2
102% 102%
102%
102%
103 Va
United Electric Service Co—
A7s with Dec 1 1940 coupon
,
A7s ex Dec l 1947 coupon
Waldorf-Astoria Hotel—
-1
105
104
(
.1965
Edison
AStarrett Corp inc 5s
5s
collateral trust
-
$4 convertible preferredVenezuelan Petroleum-
--
67
102%
Stinnes (Hugo)
7
Valspar Corp Common.
;
j-j
102
58
67% Apr
25%
21%
101%
—
:':7;7;";y 9
104% 104%
;
3s.
2% Jan
66%
.
19% Mar
Utah Power & Light common
104%
99 Vi
Jan
12% Feb
Insurance
Universal Products Co commonUtah-Idaho
Sugar—
88 V*
J-D
$114 Vi
771st-, mtge: 3S-7-.UW-—
Apr
Jan
1%
-
25
109 Va
11
,
$101 Va 103%
A-O
Southern
17% Apr
1%
11%
2%
63
7777
.
lOSli
M-3
Spalding
70%
1,100
106
.1951
Southwestern
275
16
7
-
67
103
.1952
Apr
3,700
3,000
-80 '
Co—
17
18
Service-of New Jersey
Apr
3%
62%
2%
Universal Consolidated Oil-
2%
17 H3%
J-J
1970
——
~6
1071
106% 106 Va
$103%
A-O
1964
3s.
7
7
A-O
1971
105
—
J-ZJ
1968
65Va
,
3 Vis series A—.
Southern California Gas 3%s—
Jan
Jan
WK -V";
2%
.
16%
Securities
$5
','77'
2%,.
21 :,77
28%
16
7;7rfw7:7'
61%
20
109 Vi 109%
105
1961
2004
55%
2-\
$101% 103%
1967
Southern California
62%' Apr
41% Jan
26
$104%
67
6% perpetual certificates
Queens Borough Gas & Electric—
5Vis series A—
Safe Harbor Water Power Corp 3s
San Joaquin Lt & Pow 6s B—
Scullin Steel inc mtge 3s
Jan
2
10%
38%
v
26
39
'
8%
40%
26
16Vi
17%
26
_4
'
A 6 %$ With Oct 1 1940 coupon—1960
A6V2S ex Oct 1 1947 coupon—1960
247% Feb
1% Mar
59%
Preferred
Specialities
Jan
26
;:- 26
17%
25
f-A
Pennsylvania Water & Power 3%s-1964
;
17
y77f 2
61
A- O'.77
to.
1st mtge 3s.
25% Jan
8
Apr
54% May
,
Universal
60%
1963
Public
105 %
.17%
21
J-J
3'As.
N Y & Westchester Ltg 4s.
Ohio Power 1st mtge 3% s.
,
and
60 Vi
New England Power
.
17%
v77
$15
1969
Light 3%s
Hydro-Electric
103%
25
J-D
3 Vis
% 102%
$
26
■
J-J
Piedmont
102
103%
56
59 Va
100% 103%
100
25
25
1966
■,
102%
Mfi
7'7;
; $22%
25, ,v7
7: 25 :.;'7 23
:,7
1952
1947 coupon
McCord Corp deb 4%s.
Midland Valley RR—
dep rets ord regis
10# preferredUnited Shoe Machinery common
25
25
.1952
Kansas Power &
United Molasses Co Ltd—7
U S
$22%
J-J
1963
^
61
100^4
25'
$22%
Altalian Superpower 6s
Jan
Feb
Jan
;
25
United NJ RR & Canal—4
United Profit Sharing com
38
1
m-5
;
105
24 %
J-J
Kansas Electric Power 3%s
Lexington 1st mtge
31
^7
1940 coupon
1
24%
1952
(July 1941 coupon)
A 7s with Nov
7
—
105
V-A
ADebenture escrow ctfs
Isarco Hydro-Electric Co—
34% Jan
United Gas Corp common
United
-1955
—,—1957
—1957
7,
Apr
Js Feb
-
31
;
101 % 101%
''.- '('V
J-D
F
A 7s
4% Mar
38% Mar
United Corp warrantsUnited Elastic Corp-—-h
Amer
$ioiVi
U-H
.1955
Interstate Power Co— ;:r4:
Jan
United Chemicals common
Preferred
'
Apr
59
36
'
A7s series E
Park
91% Mar
United Aircraft Products cora,
Jan
C
series
A6%s
42
102%
120%
7$57.,,7.60,7-:--
1958
:1
Gsilifornis^^
$3.75 pfd series A——
Union Stock Yards of Omaha
97%
62
29%
4
::7$l3-7:7;77-
1949
6% Jan
Apr
55%
31
59
A6V2S
8% Jan
6
60%
42 !7
$24%
International Power Sec—
2% Mar
€Va Apr
Jan
4% Mar
Corp
Canada
Union Investment Co
Union Oil Co of
$110
Milwaukee Gas & Light 4Vis.
Chemical
Union Gas.of
60%
M-3
series B—4—. Jan 1949
Indianapolis Power St Lt 3Vis .—1970
Jan
1%
112% 115
101% 102
102
Extended at 4%
Corp
.-7;
7,7
40
"v
>.01%
1953
6s
J
den Realization
100%
100
104% 109
1
J-J
.1956
4—--;
Power
Hygrade Food 6s ser A
Jan
9% Mar
Tung-Sol Lamp Works com
80c convertible preferred-
*112%
May
1965
Guantanamo & Western 6s
Apr
Feb
6
98%
60
102
'
Jan
Apr
" Jan
97
4% Mar >
Inc_—_
Trunz
Jan
111
106%
97%
5
106
102%102%
Apr
1%
Feb 7
5
100
105
107
87%
.
Division-
J
stamped
A 7s
Feb
88
100% 100 Vi
$40
7% Feb
Feb
105%
102
100
106
M-S
'
6%
Amer
103
105%
10
92%
93 Vi
105
78
106%
J-D
v
Tobacco
106
i-O
1993
106
J-J
Apr
•
*
13 i
310
1963
Apr
7: 53
81
82%
104
16
87
1961
14% Jan
Feb
49% Mar
Stocks,
86%
.1950
Jan
15%
2
3%s
5s
Green Mountain
Jan
21
2
Grand Trunk Western Ry 4s
16% May
59% Apr
7 Feb
Corporation common
TUo Roofing Inc
Tishman Realty
& Construction
Tivoli Brewing Co_
it
4
Jan
16
common
Thor
Tobacco
124
Jan
11%
54
Elec Mfg Co—
Ercole Marelli
31% Jan
14% Apr
11% Jan
common
Light He pfd
Texon Oil & Land Co
98% 102
—
Lt St RR 5s_—
Water
Elmira
'11% Feb
Feb
J-D
M-N
"7 A6V2S ex Nov M947 coupon.
Finland Residential Mtge Bank
10% Feb':
89%
103
304%
106% 107 V
A-O
A6%s with Nov 1 *1940 coupon
29
87'
87
J-J
mtge 4s ser B.
& Fuel 3V2S.
A 1st
v
Taggart Corp common
Tampa Electric Co common
86%
106 V4
1976
Eastern Gas
Apr
14%
of
1st mtge 4s ser
Apr
16% Jan
3'/a Jan
2% Mar
168
27
88%
104%
1954
(Bait CRy>
Gas
Lackawanna
Jan
7
ill
162
166'
Delaware Lack & Western RR—
Jan
20'/a Jan
Jan
it-O
1931
Gen mtge 4 %s————
1% Apr
Apr
106
109%
13
104% 104%
Jf-Q
.1962
series R.
2%s
Consolidated
14% Jan
13% Mar
Superior Portland Cement, IncSuperior Tool & Die Co8wan Finch Oil Corp
Jan
Jan
15%
86%
89%
'
J-J
1969
1st ref mtge 3s ser
2V2S conv debs.
Jan
103
Consol Gas El Lt & Pwr
2V« Jan
13% Apr
16% Mar
7'
101% 101%
M-3
1977
8%
1
300
$155
M-3
.1969
Debenture 3s^^
7%
13
300
14
1%
1%
8tinnes
*
96
103%
110% 110%
J'S
1958
Debenture 5s—*.
/
Apr
7% Mar
% Feb
4,500
17,400
High
107%
92% 100
9
•vJ -D
Cities Service 5s—.-——Jan 1966
5% Jan
600
1%
S'/s
102%
{Central States Electric Corp—
7
26% May
19 Va Jan
Feb
15% Mar
200
1%
67
Feb
22
1,200
«
18
7%
.
52%
640
Low
27
60
103% 102%
$105% 106%
102%
Q-r
1970
2%s
Edison
Debenture 5s.
64
No.
98%
J-D
Boston
Apr
6% Jan
7
1960
Bethlehem
3 %
3% Mar
M-N
98%
Range Since
January 1
Sold
106% 106%
j-j
3%s.
5s series C.
8% Jart
5% Apr
Feb
1955
1964
Jan
2% Apr
110
Apr
2% Feb
900
Assoc Tel & Tel deb 5%s A.
Bonds
High
.Bell Telephone of Canada-
Apr
2%
Electric
Atlantic City Electric
3% Jan
19% Feb
Feb
3%
Range
Friday's
Bid & Asked
106%
1953
6% Mar
,
200
7*'
65%
Steel Co of Canada
Sunbeam
900,
900
4%
1970
4%s——-
Jan
102
10
108% 108%
<'
7%
47/a
Appalachian Elec Power 3%s——
Associated
11%
29
Peb
25%
1%
3,800
4,000
or
Sale Price
Low
Feb
9%
Week's
Last
Period
11% Jan
•
1% Mar
preferred
Stroock (8)
,
Interest
;
Exchange
Curb
23% Jan
Feb
2 % Mar
17% Mar
100
900
,
27%
.
Standard-Thomson Corp
Stetson (J B)
500
11%
1%
23
Standard Products Co
Stein
7
3 V-
17%
York
High
19% Mar
B
Common class
Starrett
100
3%
(Ky)
8%
1,400
11
:
11
Standard Power & Light com$7
9%
17%
common
preferred
Standard Forgings Corp—.
81.60 convertible
Monday, May 10, 1948
Friday
BONDS
New
Range Since January 1
Low
21 Vat
21%
Va
FINANCIAL CHRONICLE
Sales
Shares
High
9
9
Standard Cap & Seal common-—
&
for Week
Range
of Price*
Sale Price
York Curb Exchange
Ntw
Low
-
COMMERCIAL
THE
(2056)
32
Penn Electric
West Penn Traction
Western
$15
18
30
27%
5s
Newspaper Unions f debentures.
6s conv
M-3
J-D
A-O
106% 106 Vi
4
102% 107%
106
107%
1960
5s
1964
2030
Washington Water Power 3V2S
West
$25
1954
income debs
A 5s
■»,
1956
1956
J-D
118
2
117
120
.1959
F-A
100% 100%
100 Vi
103%
$73
107
107
77 76 -77
•
,77 7
.72
507
7 1-
118%
W
Waco Aircraft Co.
2%
^
Wagner Baking voting trust ctfs ext.*
lc/e preferred—^..—
——100
Waitt & Bond Inc—_L—1'
$2
Waltbam
Watch
Co
1%
Feb
8
3% Mar
9% Apr
Feb
110%
Feb
1Vi
1%
1%
600
1%
-——30
preferred
cum
300
3
9%
8%
9%
550
3%
3%
4%
4%
4%
1,600
2% Mar
—
Ward Baking Co warrants—
Warner Aircraft Corp—
4%
__i
2
200
Apr
1%
13
Manufacturing———1.25
West Texas Utilities $6 preferred-—*
Western Maryland Ry 7# 1st pfd—100
Western Tablet & Stationery com
'7
7%
6 V«
155
161
28
23,;
38
Williams
Willson
Wilson
Corp
Corp
(R C)
&
Products
Brothers
38
16
Feb
23% Mar4
200
?
25
16
33
WOodiey Petroleum——,
Woolworth (F W) Ltd—
American deposit receipts——__5s
69c preference
•;
£i
Wright Hargreaves Ltd,
2.1
„*
161
200
13%
14%
1,500
10%
6,800
28%
:.
Jan
•
New
York
Curb
'
1 Interest
Exchange
Period
-
16% Jan
.May
Feb
17% Mar
.10
10%
250
6
6%
3,200
17%
17
17%
175
22
22
22
300
12
12%
300
16%
18%
900
lOVi'May
13Feb
10
Feb
10
Feb
11%
Jan
12% Mar
r
Feb-
3%
Danish
24
Feb
6%
Agricultural Mortgage, Bank (Col)—
A 20-year 7s————-5——April 1946
A20-year 7s^—
^^»__^_Jan 1947
Bogota (see Mortgage Bank of)
7
Apr
25% Jan
6% May
ACauca
,
18
External ;5s_._—^^7——$953
Feb
22
Jan
102
May
Apr
14
Jan
AMedellin 7s
19%
Jan
Mortgage Bank of Bogota—
.A 7s tissue of May 1927)
"2,1,
2%
-
►
-4,200
Apr-i.U
2'
I
*
'
Mar
'
J;
Sale Price
Week's Range
or Friday's
;77.■
ALima
(Peru)
Maranhao
stamped
-1947;'
1972
—
7^:
61 Vs
$61
^'7
61 Va
.
"
January 1'
Lowy
Migb
4i%
1',
72
7
77
7''V'-:2"' ''
.
*65 %
62% 762 Va
80
$50
7 ' 1,
7
.7
33
'"-iy
8
113 Vi
14
$32 Va
$28
68
3
7'
14
$22
$41 Vi
$60
•"
--
39%
.
A4 ,
44%,." 44%
.
22
74
7
30
43
'.
'
8
33
.
$41 Vi
J-D
$-0
■
'""7l5"
24
—
38
39%
33
'
$7%
Jf.-N
"A-O
.
.
67Vi
M-N
J-D
(Plan A)
2V8S_—-—2008
stamped—^7^-——1951
Mbrtgage Bank 'of Denmark 5s_
7V:-_7
M-S
Interest reduced to
No.
■'
!
33
'7-7
J-J
6V2S stamped_1958
City
Sold
:
'inj-ii'.ii
7,.;
Range Since
Bonds
Bid & Asked >
F-A
.
X,'..A78''(issue of, OCt."i927)^7__^—1947 "
AMortgage Bank.of Chile 6s;.
-1931,
-2%r Jan
,
$50
J-D
Danzig Port & Waterways— 77
AExternal 6V2S stamped—.——1952 1
10% Mar
■
Friday
Last
M-N
——1948
Municipal Loam-
5Vis_->.—1955
17
■'
__
J-J
Valley 7s
Cons
External
95
17
A-O
.
Jan
Apr
>
1
14
17%
,
v'7-:"/' '7?> Low High
18% Jap
'Feb
6%
Jan
'
For footnotes see page 33.
BON D S
May
39%
% Mar ' 77
15
24
8%
Wisconsin Pwr & Lt 4 % #
Industries Inc.—
*
f■ ' \
115% Apr
Mar"
:
100
14%
Co
preferred w w„
Winnipeg Elec common
;
.
'• 777 < 8%'
Jan
140
22%
10
Inc.—
common
5#
Woodall
112
x22
16
it Co
Wichita River Oil
Wlckes (The)
/
"
Westmoreland Inc
Weyenberg Shoe Mfg_
Apr
2% Mar
.
.
50
160
114% 114%
lis
Westmoreland Coal,
(Wmi
6% Mar
900
Jan
4% May
;
Feb
V
Wentworth;
Whitman
Jan
2% Mar
1,750
Feb
2%
8% Mar
l
110%
2^
71
"81
.1
Number 4697
Volume 167
NEW
THE
CURB
YORK
Friday
Curb
Last
Period
Sale Price
Exchange
FINANCIAL
CHRONICLE
(2057)
Stock and Bond Averages
7
Bonds
Friday's
or
Bid & Asked
Low
Low
No,
High
Below
Range Since
January 1>
Sold
listed
High
are
the
daily closing
of representative stocks and bonds
averages
the, New York Stock Exchange
on
compiled by Dow, Jones
as
Co.
Parana
stamped (Plan A)
Interest reduced to 2%S———2008
Peru (Republic of)—
is to 2 Vas (ser ABODE)
1
1997
Rio de Janeiro stamped
Interest reduced to
ARussian
Government
Odd-lot
i™2012
2 Va
6V2S—_
J-D
:
'
,
'■
M-S
1919
(not
30
2%
2%
2%
.
2%
,
'
2%
110
3%
3ya
2%;
51
2%
Date-—■.
24'
18
t23Va ' 25
2%
■.
J-J
transaction
(not included in year's range),
,
318
143,4
13%
x
(not included
Ex-dividend,
♦Friday's bid and asked prices;
ABonds being traded flat.
SReported in receivership.
in year's range),
Ex-rights.
y
Transaction
r
roads
Utili¬
40
Rails
Ralls
ties
Bonds
Total
I—*
May
6__„
58.05
34.02
66.77
101.46
105.04
90.08
103.25
59.08
34.10.
67.30
,101.49
105.07
89.96
103.22
181.44
59.07
3.4.20
67.38
101.57
105.05
89.97 '
103.19
180;94
57.97
23.11
66.91
10L59
105.16
90.01
103.12
58.95'
34.35
67.43
101.58
105.18
90.00
103.18
99.98
58.88
34.55
67.61
101.58
105.29-
90.08
103.16
100.02
'
181.65
May
182.29
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; ^n-v," non-voting stock; "v t .c," voting trust certificates;
"wi,"-when issued; "w w," with warrants; "xw," without warrants.
Transactions at the New York Stock
10
Grade
180.28
May
^
Second
Grade
trials
Stocks
tles
10
First
10
Indus-
66
181.09
—
4—„
May
for cash
Total
II
Util-
••
sales being transacted during current vreek.
no
.1—
May
20
Rail¬
trials
May
delivery transaction (not included in year's range),
d Ex-interest,
included in year's range).:
f Ex-distribution,
g Ex-stock div.
hEx-
Under-the-rule
n
15%
-Bonda—
10
14%
Deferred
a
transaction
principal,
27
13%
Indus¬
__i!WT.^^1921'
•No par value,
26%
*25 Va.
J-J
(Plan A)
A5'/2S
e
J-j
-Stocka-
Transactions at the New York Curb
99.95
99.97.
Exchange
Daily, Weekly and Yearly
Exchange
Stocks
"
Daily, Weekly and Yearly
and Miscel.
Number of
Week Ended May 7,1948
Bonds
Shares
■'
Bank
Government
Bond
Bonds
Bonds
Bonds
Saturday
Total
436,000
$9,000
3,924,000
356.000
1.000
1.236,703
4,203,000
3,877,000
j 398,000
34,000
1,307,090
1,665,577
4,015,000
7,300,690
Total—
2,984,000
1.463.090
$20,146,000
■
$40,000
Stocks—No. of shares
•
-
—
_
—
■
4.635,000
$45,000
.
$13,000
1947
,
-
.
.
i;.-::
$47,000
159,OOO.;
$476,000
385,000
"
218 000
17,000
:
$36,000
337,000
$1,412,000
<
Bonds
1,057,340
v.
30,178,543
$20,658,000
$21,359,000
98,000
3,370,000
854,000
201,000
$1,630,000
$24,882,000
$23,936,000
.
,
Foreign government—
..
2,376,000
.
'
27,067,300
■/ 14,702,000
24,656,957
$1,528,000
4,000
;
Domestic—.™——_—
$1,150,000
Jan, 1 t.o May 7
1947
1948
1947
Stocks—No. of shares
92,858,481
33,328,880
Week Ended May 7
1948
2,695,000
$22,022,000
161,000
$900,000,
1,574,845
*
1947
/
$344,500
1,670,000
Total
185,000
2,000
-_L
80,000-
$22,022,000
.
101,924,722
45.000
20,146,000
186,COO
138,000
Friday.—
i: Total
Jan. 1 to May 7- Vr\
1948
3,717,391
—
Railroad & Industrial™
8,000
'
4,347,000
8,000
Ended May 7
$13,000
U. S. Government
6,000
13,000
4,142,000
$1,818,000
International Bank
Foreign
238 0.00
$36,000
197,000
Wednesday—
'
7,300,690
— — ——.
Total
$49,000
196,000
Thursday.—
Bonds
■r..'.
.
c
$3,000
:•
164,000
—____
3,434,000
v::
1,000
323,000
1948
Foreign,
Corporate
Government
$46,000
—
4.281,000
$5,000
'
'
265.000
Weefc
Domestic'
Tuesday
1,151.620
■i
•
Foreign
:
$1,183,000
$1,143,000
.
;
Share)
Monday™—
Sales
:
476,610
Saturday
Monday
Tuesday
Wednesday.
Thursday
Friday
7,1948
'
United States
Foreign
of
.
Week Ended May
Jni'l
Railroad
Stocks,
Bonds (Par Value)
(Number
Foreign corporate—
358,111,600
$386,328,900
$402,993,780
$16,419,000
■'
Total
—
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED MAY
7
•'*
Baltimore Stock Exchange
Week's
Friday
V. Last
;'f■- v.';
:V;
Sale Price
STOCKS—
.'**"•/^ V-V"-' Vi
\
Par
Shares
Range Since January 1
Low
#
5%~ 1st preferred v t
Brager Eisenberg Inc
15%
t c„
v
Vv._,
■
q__— —100
'''
s";
*
1
.
Common
High
s Fidelity
Western
2
Casualty
& Guaranty
V
-
<
Apr
23
Jan
50
40
.n
144
40
Mar
!
51 Va
—20
"
105
90
65
Jan
105
9
105
Jan
106
Jan
-
25
Feb
28%
Jan
44%
Feb
51%
Apr
' "27 ■
' ; 51%;
27
51
,
4.3%
■■'V'V
736
-
v
262
.
:
32
,43%;
.
Jan
42
,;..v
Shawmut
43 V2 May
,
»
4s
1975
__T_.
5s series A
54%
55
$23,000
,63
61
—
'f
45
6,300
68
Apr
Jan
77
Mar
54 V2
Jan
Union Twist Drill
Boston Stock
v
■
Last-
Sales
of Prices
\
STOCKS— Sale Price
i:^Par
/////•/
Woolen
Anaconda
Copper
Tel
—100
j-vXiU:
153%
•:
---
Low
&
Son
Inc____
36
100
,;••/—■
_25
37 /•'
High
30%
122
G5
42 %
131V2
Apr
17%-Feb
500
,
Feb
125
115
21
Mar
125%
36% Feb
3,087
42%
19%
90
19%
Jan
19%
25
25%
S
__—_i
-
t
26%
579
22%
Feb
28
45
—
,
__
v r
Providence
■>'.
■■
&
RR
'
■
i_—100
/
^
i:. 47
Feb
Apr
Mar
..
;;
512
Feb
48
5% Jan
9
Apr
9V<
SS
Lines Inc
National
.
;
Apr
'
*
*
V
100
_•
common
•
>
Adams
Apr
Apr
11% Apr
12%'
50
6%
133
5%
160
13 Va
14
Feb
141/4
F
14%
Feb
,..
Jan
7% Mar
15
Jan,
14%
235„'_ ^'11% Mar
Jan
10%
Apr
Armour
16%
Apr
Asbestos Mfg
34
/l 50
;
__
V
7%
4
Feb
May
270
76%
50%
15
31%
7% Apr
50% May
Feb'
Feb
.
.
4%
100
6% May
Apr
f
86
:40
88
21%
21%
21%
21
22
81
21% Apr
200
t
93
Feb
M
Apr
23% Jan
20
Apr
26% Jan
26%
Feb
49% Mar
31% Mar
2,085
31
Jan
58% Jan
37V4 Apr
36% Apr
28%
28%
16
51%
53%
353
34%
35%
1,718
36%
35%
36%
949
28
Feb
8
200
7
Feb
8
May
24
30
Jan
26
Jan
15
__
7%
24
24
4
4
100
..
page 42.
.
_100
__
10
54%
4%
55%
14%
5
9%
48%
10
54%
640
95,
4% Apr
3% Jan
317
,14%
22%
425
53%
•
.25
common
see
6%
3514
Hole Mach Co. 10
Boston Theatre____
preferred
.6%
May
38
Feb
125
Jan
1,703
35% Mar
48% Feb
42
56
56%
Jan.
59%
40%
675
54% Mar
62%
338
38%
Feb
43
44%
35
38%
Feb
143
14%
28%:
,
8
^
:.
29
Apr
40% Apr
45%
Apr
13% Mar
432
15%
Jan
25
75 '
14%'
27%
Week's
30%
Jan
Feb
—
Sales
I
.Range
9
9%
11%
11%
"
42%
56%
Feb
6 %
Feb
31% Feb
Apr
16
14% Jan
-
Feb
9%
500
6
Mar
11%
Apr
25
Feb
21% Mar
400
Jan
9% May
3% Feb
900
24
15
Feb
7%
1,300
11%
23Vs
14 %
20
:
6
24
High
Low
14%
5%
5
Range Since January 1
Shares
High
Low
9%
for Week
of Prices
&
Co
5
common——
co common
12%
12%
Jan
2 Vs.
Jan
6%
Feb
8
Jan
3%
Feb.
4% Apr
4%
Feb;
3
4>/4
4%
4%
150
3
6V4 r
6%
6V4
.400
,
,
Mar
10
Apr
54% May
\jporg (Qeorge W) Corp.
Bruce
Co
(E
L)
Butler
Bros
10
——
Carr-Consolidated Biscuit common
Castle & Co
Central 111
(A M)
Secur Corp
common™
Convertible preferred
Cent & S W Util. common
Chicago Corp common
,,, Convertible
preferred
11
Feb
20%
Jan
13
Jan
14%
Mar
9% Mar
100
Apr
Mar.
Apr
11
9% Apr
Jan
55
Apr:
12%
51
Mar
62
51%
200
44
Mar
51 Va May
18%
100
I6V4
12 VA
12%
900
9% Mar
200.
3% Apr
6
Jan
Jan
36
Mar
4%
36
;
350
4 Vs.
36
.
'
45 %
31
100
Feb
Feb
1%
Feb
10 %
150
Feb
•
I8V2
Apr
Apr:
13»/4 Apr
1%
Apr
"9%
1
12%
1%
1%
13%
1%
50c
-—.—•
150
200
18%
1
1
*
10%
54
60%
10 Va
54
10
common
17%
250
100
40
50 V4
10%
5
—_12Va
common
18 Vi12
13%
13%
common™—5
Burton-Dixie Corp
18%
11%
6%
Feb
60
10
Borg-Warner Com common——
Brach~& Sons (E J) capital—
32 Va
50
38
38
18 Va
dan
Feb
250
Avco, Manufacturing Corp
Manufacturing Co capital...—-1
14%
1%
7Va
7%
250
4
Binks
154% Apr
1%
Athey Products Corp capital—
Automobile Washer common—
Bastian-Blessing Co common—
•
Belden Mfg Co common
—10
Berghoff Brewing Corp
—
—1
Mar,
11% Mar
200
13
1%
——l
148
600
153% 153%
'
6%
21
_——t,—l
International Button
1
•
•
American Tel & Tel Co capital™—100
49
;.v
85
39
14%
Aetna Ball Bearing common—
Allied Laboratories common-™
7% Apr
13% Mar
105
' 49
85
May
34% Mar
85
37%
40
it
Sale Price
.
Admiral Corp common___
Alum Castings
305
16%
*
Safety Razor Co
For footnotes
5%
58%
(J D)
9%vV
8%
16%
51%
..
Isle Royale Copper—
Kennecotfc
Copper
5%
Feb
55
':. >
59
'-'V:'. Par
5% Mar
_•
Stores
Maine Central RR
3%
'
300
49 ;
*
1—100
;_i
Hathaway Bakeries
Loew's
305
Last
stocks—
8%
"
General Electric
Gillette
5%
Friday
:
8V4
569
:
Ry—
Employers Group Assoc
First
Apr
20 Vi
'
—
Street
preferred B
pfd adjustment
Eastern
39%
Feb
35
Apr
.32
'
*
^
_10
Common
6%
5%
Apr
Feb
16%
746.
39
55%
»
•
.12%
Corp
Apr
Eastern Gas & Fuel Associates—
Mass
85c
30
980
Chicago Stock Exchange
8%
49
-
..
.-V;'
•- ■
Hecla_
Cities Service
Eastern
Feb
38C
19%'.
367a
'V;::
10
Jan
8
•
i
Jan
'
y
prior preferred
_loo ,47' v /■=;
5% class A 1st pfd stamped
100
8 v
7% cl C 1st pfd stamped________100
8%
10% cl D 1st pfd stamped
100
9Boston Personal Prop Trust
;
1%
J? V
91 Va
85
C-''/*—* /
...
Rubber
May
19%
_____*
Boston it Maine RR—
Calumet
Mar
83
410
13%. 14% i
-J''
■
37
•
Advanced
&
/
—5
—
common¬ —25
Apr
51% May
38% Apr
36% Mar
-
10
21
40%
_100
__
Herald Traveler Corp
Boston
Jan-
154%
147% Mar
397
,
121
41 %
7 ,.v;/.'V
Elevated Railway—
Stamped
51%
834
20%
Boston <fc Albany RR
Boston
Apr
12%
Range Since January 1
3,173
127% 127%
—
Boston Edison
Boston
v ;
„
_—
Inc
Westinghouse Electric
^0LoW^r;:.
48%
50
______
High
153% 154 %
:
51%
Bigelow-Sanford Carpet 6Yc pfd™_100
Bird
Jan
54c
70c
12%
" -'.'
;
•
Waldorf System
Shares
,
■
U
for Week
Range/-
preferred
er
Exchange
Week's
Friday
■
;■
&
--4
-
—
Machinery
Shoe
United
Tel
17%
39%
6
'•••
—
United Fruit Co
American
,
Feb
10% Mar
1,877
18%
•12%
*
•
Apr
65c
'
Securities—
$4 2nd preferred
Torrington Co
Jan
Apr
13 Vs
•;
37%
_i__.
Inc
30c
100
,
Feb
Suburban Elec
Baltimore Transit Co
American
86 %
11%
87%
5
Assn__j
33%
24%
14% Mar
130
16%
35c
66c
&, Webster Inc.—
Stone
BONDS—
;;
16 %
10
115
12%
35c
18%
Reece Corp
Rexall Drug,
19% Mar
11%
«
Mills
Pennsylvania RR
Quincy Mining Co
Apr
105
50
11%:
.—20
England Tel & Tel____—
PacitIc
23%
35c
North Butte Mining.^wi.^—i---—
■1":' '■
28%
86%
System..—
New
May
;r
Electric
England
High
Feb
60
12%
1
Cos
Service
New
Feb
155
Feb
155
;
National
Jan
Low
32%
'
Nash-Kelvinator
Jan
5
105
]M:
v;; 27
50
National Bank
12
16%
.
105
^-V;.
Amsterdam
New
n
187
Jan
Range Since January I
High
23%
l
Mfg Corp common™——
Narragansett Racing Assn___— —_il
Mullins
Mar
.-'Ai-v.-'i
—100
preferred.—
2
40
150
—
6.75V/ .prior
1C0
17
40
Fidelity & Deposit Co__——u
Mount Vernon-Woodberry Mills-
13%
3.40
16%
.
&
500
16
3.40
:■V
Shares
32%
'
•
Arundel Corporation —
Baltimore Transit Co com
for Week
Low
Par
Chemical Corp
Mathieson
High ' VyW'
Low '
Sale Price
STOCKS—
Sales
of Prices
Sales
Range
•
Last
for Week
Range
Week's
of Prices
Friday
13 Va
100
9%
8%
Feb
12
9%
12%
3,400
9%
Feb
12% Apr
65V4
65%
100
64 Va
Feb
66
1,500
,
13V2 May
lOVs Mar
Mar
p.
33
Week's Range
Interest
BONDS
York
&
EXCHANGE
RANGE FOR WEEK ENDED MAY
New
COMMERCIAL
...
34
&
commercial
the
(2058)
financial chronicle
exchanges
other stock
RANGE
Week's
WEEK
MAY 7
ENDED
-
,
Sales
Range
Friday
for Week
Last
of Price#
Sale Price
STOCKS—
FOR
Low
Shares
Cincinnati Stock
Range Since January 1
!
High
;v:>•' 'p
High
Low
V'V;' ■:["
97s
9%
72
Chrysler
57%
577s
5874
49%
4874
67*
Corp
(new)
Co common
Cities Service
72
10
•
400
'Vk
14
71
112
Jan
Feb
637#
50%
500
32
Feb
50 74 May
6%
50
28
28
28
Commonwealth
Edison common—_—25
27%
2674
277s
274
450
8imons &
Fitz
Dock
Flour
Co
97
157+
1574
11
11
•
Watch
Elgin National
97
15
15
Apr
Preferred
15% May
p
97#
200
•
«
1
4
1
I
10
r;>
11
'
10%
6
1072
Mar
Apr
Apr
27%
Apr.
IOOV2
Apr
Apr
8%
Jan
Mar
73
25 >
May
23%
Jan
7%
520
8%
Apr
7
'
-
Feb.,..
93
'.
147
11
7
—
-:'
23
12
77
*
> B
334
77*
76
77
Apr
Jan
19
Feb
•
484
•
100V2 1007a,
*
Stock Yard
85
26%
7%
5%
327*
Jan
18
80
10%
257*
77*
14 7*
'
7o
>>
23 7#
High
...
297* Mar
113
;
200
25%.., X
.50
Crosley Motors
•;'*
107a
:-25,
Cincinnati Union
Jan
;:i:f
7
22%
H* O O
4
Telephone
Apr
V:
•
——
1674
.'C-*
—8.50
Cincinnati Street
12
Jan
1374 Mar
100
6%
19
Range Since January 1
Low
307*-.
19
—
Cincinnati Gas common——-
Cincinnati
Inc
America
of
,
Dredge &
Connell
common
Mills
Jan
Brummell
'
Shares
187*
M'-
Vf'
■;
"P-PP.
,
High
36%
■i
Champion Paper <fc Fibre—
Churngold
—
97 72
Mar
20
—
Jan
; -
Low
———
Beau
3% Jan
Feb
15
-
Apr
Apr
82
Baldwin
.
287#
Feb
27#
100
;
Sales
for Week
of Prices
Sale Price
American Laundry Mach
i.
Exchange
Range
par
'•V v.l
39
7
May
10
Jan
772
25%
»
*
Eddy Paper Corp (The)-
28
200
1
*
15
11574 Mar
Apr
6% Mar
2,500
27#
Credit Corp class A—
STOCKS-—
Jan
80
v
52%
1
Co Inc———*——5
Domestic
Apr
500
1137*
(The)
Coleman
107#
Feb
24
73
112
v
Products Co com
Club Aluminum
10
Last
A
■
Week's
;
Friday
■
"
Chicago Milw St Paul & Pac vtc
•
Chicago Towel Co common
—,—•
Convertible preferred
*
Monday, May 10, 1948.
7*
81
Jan
Apr
13
Jan
872 May
Apr
"
General
Araer
Transp
Corp common
Gibson Refrigerator
Co
5874
common
58%
16
16%
56
57 V*
700
77s
7%
600
35%
5
5
10
1
•
common
General Candy class A
General Motors
353/s
300
5074
200
•'
587. May
Feb
Dow
1972
Jan
Eagle-Picher
58%
Apr
Feb.
87*
Glh«on Art,—
Jan
16
7%
28
Feb
3674
Apr
Goldblatt Bros common
*
1074
1074
100
10
Mar
1172
Apr
r
•
43 %
43%
100
39
Mar
43 7»
Apr
*
Gossard Co
*
17%
17%
150
17
Mar
21
Jan
Safety
Razor
(W
H)
common
common
Great Lakes Dr A Dk
*
common
167s
17%
650
10%
10%
1,550
21%
22
250
28
15%
>
Hobart
Kahn
Harnischfeger
Heileman
Hein
Corp
Co
Jan
Jan
2874
350
30
Mar
1074
11
750
9
Jan
11
Jan
25
56
57
35
52
Mar
> 64 7,
.tan
137s
137s
Feb
1374
Apr
21%
22
2274
2274
1
——
Illinois Brick
1174
22
Feb
10
Corp
Bartlett
18%
common
capital
28
>24% Jan
9%
250
I—Z—Z10
-"-s
■■■■
l!—_l
*
*'
1
International Harvester
♦
Stores Inc— >
Jim Brown
>i> •'
X—
Preference
21
450
7
;
Switchboard
Kellogg
200
> 6% Feb
17# Mar
Apr
Jan
Jan
10%
icy* Mar
,
.
-
197a
-
Apr
14%
Jan
48
42%
42%
43%
25
...
.
13
16%
Feb..
46
147a
48
46% Mar
49%
Jan
Feb
467#
Jan
265
-
Mar
407#
,
/
1
Co
Gamble
—
Proctor &
667#
.
677/#
Feb
10
> ;i 627#
13%
Feb
717#
Apr
Jan
'
215
100
230
230
;
*•!
392
•
1
vi: —L'
''
17
137# '
13%
67%
•
—
preferred .2——
8%
230
v
Jan
May
8
Jan
13
13%
13
May
15
Jan
51%
51%
40
;50
Jan
53
Feb
44
44
44
56
40
Jan
49
"7;: Randall B
—
Rapid' Eiectrotype
U S Playing Card.>"U-^_:*>
U S Printing common
437#
49
50
48% Mar
■f
a
■
—
18
Apr
77#
77#
6 7a
155 >
»
4972
Apr
50
Jan
-
272 May
95%
100
86% Mar
9572 May
5%
150
v
1074
10%
5
300
974
v-;c«:
mom
341
18
24
1 58
.
87* Jan
120
95%
•
1
50 .v
Feb
Apr
Apr
21% Jan
77s
2%
''•5
1
common
> 23
100
7%
X;V'
Katz Drug Co common
f
10
^,'Xi'-'
—*
51
60
8% Mar
Apr
197#
125
,
2374 Mar
Mar
2%
•
V'9%
/17,.,.-
>.14%,:.
2150,
Preference
Pneumatic Tool com
Indianapolis Power & Light com
Indiana Steel Products common
Warrants ——i
Independent
Z>
is
"*
237*
511.., 52
1774 May
Feb
9% Mar
—
capital
Brew Co
<G)
Werner
10
common-,
Hibb SDencer
10%
1
*
■
.•> Kroger
Magnavox
Hammond Instrument Co common
i:
Sons, common.—:.
preferred
•v
;-•
•
common-.!
7
20
772
23:%
-...2374
•
-T——"—
Mfg Co common,.—.
(E)
772
10
—
—
> Hatfield-Campbell
■
Goodyear Tire A Rubber common
Gillette
*
Drug
May
50% Mar
60
9%
450
"5 %
May
Cleveland Stock Exchange
Apr
,7 7'->>;> ";V Friday
I'
10
STOCKS--
Apr
Sales
Week's
Last
14% Jan
10% May
67/# Jan
for Week
Range ;
•'
of Prices i
Sale Price
-
"
.
*•.
<-.
Range Since January t
Shares
r
'
Leath
Co
*
Lib by McNeill
Mickeioerry's
Middle
West
16'/#
974
/.-f'iU'-*
7
300
1972
157# Mar
1072
Jan
874
68
6774
68
250
44%
Jan
72
Mar
15
15
15
110
14%
Feb
"15
May
974
Feb
Akron
'
A Co
12
27
22 Vz Mar
100
100
13
9'/# Mar
974
9%
3,600
9%
700
7% Mar
137#
13%
150
137# May;
25%
150
9%
vtc
common
25
12
/.
9%
5
774
9%
Feb
10
Apr
Chemical Co
Monroe
Preferred
Muskegon
National
Ward
Mot
i
4%
"■
■
class A—-.
common—!
Standard
Car
Jan
35
20
'■''—mm
.,
Manufacturing
'
•;
•
t
•
Peabody Coal Cq class B
5% prior preferred
»
><?*£
;.
common
Rath
Car
Packing
Sangamo
Co
capital
capital—
Co
&
Signode
Steel
Oil
South
St.
Louis
Standard
Standard
36
500
300
26
300
19%
16
-
50
8%
if"
874
2,150
21%
450
1974
700
1674
200
/ 9%
50
297#
Feb
30
30
,
'
6% Jan
21%
!
3174
1,150
1174
127*
300
2,000
32
700
10
common—
30
28 7/#
307*
1,300
26
127#
127*
450
*
2
.
capital
Stockyards
♦
23%
27
4»»*
•••:>
20
common
21%
23%
26 %.
-
11s/#;
V
11%
Halle
32-7#
33
3
15%
1
110
3
30
100
1172
11%
467#
46 7/#
1
7%
7%
600
Jan
33
-
372
: 9%
Feb
Container
Sunbeam
Corp
37%
Feb
47%
SundBtrand
Mach
Swift A
capital
Co
*
common
Tool
8
common
stock
A
Mach
Mfg
52 74
Feb
16
100
44
1187s
7 5%
113
118'/a
__
75%
18
10%
5
14
200
29
•>
18
94
68
50
Feb
1374 Mar
34
189
._
''
/f
*
Dorn
> -
/a37% a37%
y
+
Iron
,v
*
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r'
.
-,
■
...
75
50
a27%
a27
44%
^-;fuv
a29%a317#
•
2
,<
>
White Motor
a75'/» a75'/#
34
v-«
972
1074
510
374
374
110
113
21%>21%
1
Youngstown Sheet & Tube.—w' /
.
.
Jan
Jan
May
Apr
May
Apr i,
May ;
13%, Apr
6% Ja» *
a6'/#' Apr37% M»y
••
Jan
Apr
Feb
Feb
Feb
34
,
*
....
28% Apr
.Feb
.
47
Apr
-1'1'7''■ ^
317# Apr
-78%. Jan
10% Jan
3Vi May
23% Jan
Mar
Mar
Apr,
Feb
'65%' Feb; '
!!
11
a75y* a757#
67%
7
27»
19
Jan
; 27*' Jan
2078 Apr
10'/# May •"
'
V'V '"v s
90
24% Feb
..
2
•••.
936
1074
Refining A Chemical—
32 ,
24 167a
7%22%
41
25
.
46%;
';' 'f1'
t>
—
Works
."
a 107# a 107#-
•
*'
,'"tv
•
—
247*
44%
51%
35
217#
35%
14
i",\
.100
24
—
•:
,740
55
20
al97#al97#
—
:
/
■
337a.
•
-
50-
r, r
,
10
common—
(Un)
;>
33
'■
————
-•
f
-
25
.12
79% Jan
•
118'/# May
78 74
Jan
29%
...
Jan
.>18 s May
700
10
Feb
ll5/#
Jan
100
13
Feb
14%i
Jan
47#
Apr
Steel common
Certain-teed
37#
300
157*
800
50
367*
377*
400
10
-
2874
297*
400
100
100
Gas
&
105%
*
Products
Continental
374
St San com
Fe
34%
10572 10572
x337#
35
Lerchen!& Co.
Watling,
Electric
167#
12
12 7#
New York Stock
Feb
3874
Detroit Stock
Feb
105 7a May
307a
500
vl4 '
Feb
36
Mar
1774
Feb
127#
87#
Jan
8%
1
•
347#
357#
Graham-Paige
Motors
1
4 7#
4 74
300
374
Feb
Light
Naah-Kelvinator Corp
4
5%
572
1,500
4%
Feb
5
16 7#
167a
300
147# Mar
•
1574
167#
1,100
York
Central
American
RR
capital
Co_
CO
1
5% Mar
Apr
•
377#
Apr
574
Jan
5%
■
Apr
■177<
16%
Apr
1474 Mar
Pan Amer
*
Airways Corp
Paramount
Pictures
Pepsi-Cola Co
Pure Oil Co
2'/a
Inc
new
com
1
9 7#
9 74
7L
>
Republic Steel Corp common.:
Socony Vacuum Oil Co Inc
Standard Oil of N J
-,:,167#
Jan
Feb
♦5
Jan
Allen
Feb
107#
Apr
American
1872 Mar
Spring—
—-
see
11s/#
"15
"25
Z.ZZZ.l
9
24%
Apr
237a Jan
Brown-McLaren
357#
Burroughs Adding Machine.—_♦
'
'
'
—III*
...
Par
>
common.—_—J_— 1
Feb
ll5/# May
Davidson
7%
Feb
107# Mar
Detroit
23
Feb
28%
197# May
Detroit Gray Iron.^
807#
Detroit-Michigan
>> 2%
L 7
29% x
r 23.
Briggs Manufacturing common..-—^«•
Apr
-
,
.
29%
300 *
167#
->274
29 '
•/.
>
Feb
-1%
7':100
,-i
■;>
Feb :,-'
12%
220
High
27/«
Feb
400 ;
7-100
29%'
1%,t
.
SUpce-JftAOfry 1
Low
.....
>
23
'.17#
'
Range
^ Shares
2%:>>
22.7#
167#
;.
.
for Week
Range
Low: Jligh
L
——-1
Metal Products..
8
V
1,200
100
197*
19%
4,300
14%
Feb
100
69%
Feb
11%
Feb
79%
13
13
13
23%
227#
237*
137*
137#
5,200
3 7#
-
2,400
13%
100
147*
-
s
—
Sales
Week's
of Prices
i.23
"'
Apr
f
30%
^
,
Jan * v
May
;
Apr
:
.
17* Jan->
167* Apr
i
-
Feb
•
4,200
2774
7972
'
*'
Feb
277*
19%
Electric
X25%
9'/*
37#
1
„
page 42.
9y8
*
I
common
For footnotes
107#
-
600
"
Studebaker Corp common
Sunny Oil CorpL*—_;
United Corp
11%
1
Sale Price
1574 Mar
100
1,600
Friday
Last,',
■>,
V-
874
400
347#
*
STOCKS—
4%
I
1.200
17
x33%
-
23 7#
16 72
347s
*
common
237#
16%
•
common
RwHo Corp of America
Radio-Keith -Orpheura
Co
9%
4%-
331^
-
(The)
Standard" Steel
472
DETROIT
,
Detroit Stock Exchange
%yf/.,.■; -:•/
f
Packard Motor Car
v
„
•'7\
Jan
Feb
127a
10
*
.
Telephone: Randolph 5530
>>6% Feb
31'/# Mar
700
Building.
Apr
General Electric Co
!
Curb Associate
Chicago Stock Elxchange
Exchange
Apr
472
2,100
Exchange
Apr
Feb
Farpsworth Television A Radio
5s
Ford
Apr
1074
•
Gas
Apr
67#
,"7'/#
New York
29'/# Mar
927# Mar
l
,
1574 May
30'/#
200
•
.
16
Feb
267#
1,300;:
1'
Motors
274 Mar
1274
Curtiss-Wright
Wilson A
—
28
70
Members
&
new.
New
Jan
14
147*
1
Radiator
Bethlehem
North
1*
'
.
Jan
Stocks—
Copper Mining
Corp
Atchison Topeko A Santa
Laclede
Jan
107s
"
•
50%
34
♦
——
12
507#
(Un)r
Corp
Warren
Jan
Mar
257#
203
21%
21%
—
,
—•
Van
.
Feb
400
600
76
28
217a
1472 Feb
10
Feb
4% Mar
12% Feb
.26% Feb
——
—
U S Steel common
Jan :
48
May
259
Steamship.
•
Laughlhi, Steel
Standard Oil of Ohio,
Mar
37.
Mar
Mar
13
2974 Mar
12
Feb
,V 1
Apr
627* May
2874 Feb
120
*
common
>36%
Feb
650
30
46
*
capital
27
;
60
347
13
10
—
RichmanBros-—_r^——
Apr
0% Jan
327a
Feb
30
•
Steel
Columbia
197/s
307* Feb
45'/#
12%
com
Anaconda
Arroco
19
197#
600
v
300
900
6274
•
Alleghany Corp
American
Feb
•
common
Wisconsin Bankshares
Unlisted
7'/#
27% Mar
2
Union Carbide A Carbon capital
U 8 Steel common
Elec
34
59%
5
-
Wieboldt 8tores Inc
r
24%
33%
25
Thor Corp
Trace Co (The) common
208 So La Salle St Corp
Yates-Amer
237s
28
(The)
WestinghoUse
,31
Apr
Jan
17
31
3Q
'
58%
447#
13
.-'.12(Un)
——
,
Corp
Texas Co
common
.'
common-———
Rayon
Patterson Sargent
Pennsylvania. RR (Un) ———>
Radio Corp>of America (Uh)-w—
Republic SteeMUn)
11% May
;( >
Stone
5
1
22% Mar
50% Mar
377# Apr
..;
Mar
Mar
30
_...
Apr
Jan
50% Mar
38'/# Mar
50
__
>
; •
Jan
50
100,.
3472
14
22
147*
•
34
147*
..
Jan
31% Mar
,17}
a43% a43%
-
-
51
2074 Feb
Feb
81
a56%
a56
*.f
«
32
157# Apr
81% Apr
39 "May."
43
50
-60
125
300
Packer
Mar
500
•
/
21%
.
263,4 Mar
437# Mar
a217* a2l74
&
Ohio-Oil
Apr
117# May
Jan
.2172
a34.% a34%;
Lamson & Sessions—10
■—
1374 137a
Metropolitan Paving Brick
i-i.—
4
5%-\
5% ■ 5'74
N Y Central RR (Un)—al67# al6V»
237# May
28%
2% Mar
1,050
32%
7
Feb
7% Mar
90
(Un)---—
7
a327/»a337#
Kelley Island Lime dc Trans—
—13%
14
Apr
14
Jan
1,400
:
33%
118
a467# a465/#
•
...
♦ ^
Machine
JaegerJones
39 74 May
Feb
392
Apr
Apr ,
A?' - /
1
457i>Jani
,
,
1272^Feb
75 74 Mar
" 34% Feb;
20
Mar
12
Jan
39
Feb
31% Jan
19% Jan
Interlake
Apr
» 1274 May
Mar
Bros
79
u
Apr
.
May
25%
28'/# Mar
135
.
25
—* >, •
(Un) ——^.10 $
common
38
345
1,530
a38% a39
.
—
Stores—.
645
157#
22
; 1547a
\
-
297*
a26%a28 7#
__
Harbauer Co
Industrial
Jan
Feb
25
600
■
25
Standard Oil of Ind capital
Jan
15
(Un)—
Lakes Towing common—.
Greif Bros Cooperage class A
Apr
t.
a4974 a4974
—
...
'
1
——
Great
Apr
%
>
3s/# Jan
-4% .'Apr,.,
;.
147'/# Mar
„
79
„
1
Drug
151
*
1474
-15
Gray
36 ••>
^
-
■'a38%-a40.
a40
*
(Un)
General Motors common
•
'
•
,
2974
common
Bronze
^Goodyear Tire & Rubber
.■>
1
100
General Electric common. (Un)
Jan
fc r
s
i
—
Firestone Tire & Rubber
Jan
32
Feb
Graphite
al5374al537#
-
'
common
—
Faultless Rubber
Jan
31
'
'
Consolidated Natural Gas (tJn).
Apr
1072
ii,
Iron
preferred
Cleveland
May
207#
: "
Cliffs
Cleveland Electric Illumin
Jan
Feb
7#
1174
3,400
27%
10%
1
common—
Apr
11% May "
12%
capital—_5
Feb
May
*
27%
397*
127#
$4.50
j
12
^
9
23
1
ri
High
37# Mar
27# Max
1674 Feb
20% Feb
274
129
> 735 >
22
a24% a247#
100
'
1
Cleveland
21V2
(Un)—.—1
*
-
City Ice & Fuel..;
,',16% JPeb
Jan
,
•
3'/#
.
22 >
Chesapeake-^A Ohio* RR—L—,25-»
Jan
<Feb
ff 8% Apr
Feb
9%
30
¥r-\
35"
2272
May
97#
3174
common-
37%
:
Products
372
-5'/#
372.
__
f,
.
5
w
29% Jan
,
7% Mar 1
187/#
••
—
60
Feb
x217*
yZ
.
49 74
•;
Mar
15
<
850
Feb
•;
2174
47#
32% Mar
35
227#
3874
Works
Dredging
Forgings
'
33
22
1274
common-
Nat
28% May
47'/#
3974
Strap
Lathe
Inc
,-t
.
"u- '
-
Corp——
Bend
Spiegel
45
10
common
Serriok Corp class B
Shellmar Prod Corp
Sinclair
10
common—
Cummins
Sears Roebuck
v." M~-
I
—
common
Elec
8ohwltzer
common
5
25
50
Pennsylvania RR capital—Pressed Steel
29
87*
7:8%
1
common;—
'
/•
V"
48% Mar
15
Nunn Bush Shoe common
Oak
300
35
:r'-
22.
common
60
28%
■$:
15'
Home
1
Apr
2572 May
4% May
100
4774
58'/#
--
10
common
Bancoip
47#
,
60
I
:
Feb
22
4774
*
Co
A
Spec
North American
Northwest
—*
common
—!
—
Montgomery
25
257a
*
Mfg common—
'> >"
r
_50c
Body
A
American. Tel A Tel (Un)—
'
prior preferred ,———„—10
$1
Modine
Mfg——
Coach
Low
High
-Low
-
*Ck>rp-(Un)——-X—1
American
American
25
1
Products-
Food
Brass
Alleghany
■
,
—•
common
Corp capital
Miller A Hart Inc
Par
Apr
400
•
common
common—
preferred
Marshall Field
16'/#
10
Libby
A
Lindsay Lt A Chem
7%
*
common
15
100
400
16% Mar,
'974
"
-
Feb
2%
Feb
12%
Feb
1474
&
_r—1
••••67#
CleJveland Navigation—^:
57 >■
51/3
Detroit Edison
Apr
Apr
.20-
common
—J
Stove
-
J
^^-1
> *
1
1,500
51/3
57*.
1.375
2Lv ^2174
-
- -
--.5.061:--
27*
27*.
> 100
117a'-12
">1,250 "
,
\
.1
IV**-.--t
/
>6% Mar
•"
4
-
.
'
21%
H
.27* Apr
107#
T% Jan
67# Apr
Jan"
;
Mar
-
207# Mar
.
Feb
—
_
•
f
.2% Mar.
12% Jan ;*^
Jan
23% May
-
Electromaster
common
Apr
Frankenmuth Brewing
3 7*
Apr
Friars. Ale
-167#
Jan
Fruehauf
14
217*
6'/#
;
,_l
27#
1
.
4
f
4
:
Trailer
common
1—^^..1
1
__
•
22
4
274
3.200
-
4 " V
>^-'-'1,500
;
1 .>
-300
7
100
22
2 %
Feb
3
Feb.
2'/# Jan
;.
F eb
90c
18
•
f,
•Feb:
,
47* Jan .:.
;: -1% Jan
-
23 7{v Jan "
.
•
'
■) Volume 167-
Number 4697
THE
COMMERCIAL. & FINANCIAL CHRONICLE
(2059)
35
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED
,
Week's
Friday
Last
Wood
Industries
1
_
Oerity-Miohlg-nn f!nrp
Goebel Brewing common
Graham Paige common
8%
'
f
Shares
■'
Low
5%
4,645
:;100
V'
Feb'
6%
Feb
6%
V.7.V
57'a.
.5%
4%
." .4%
14%.'
14%
200
18% * 19%
825
-
.v'.'W.'V'f
4%
•
1
;
;■4
267
8%
X
Mar
So
Southern
Pacific
pfd class A_
Company
!;
Standard
Oil
of
x
Sunray Oil Corp
5% May
5% Jan
3% Mar, y
;•
Apr
Jan
Calif
Gas
Textron
Hoskins Manufacturing
1-2 Vz- '■
Hudson Motor
Hurd
Lock
King-Seeley
—„5
/
V'yxX'-
&
Mfg
common
"
..'14%
M8V2.
3%
/■
1.—v,;:-::. i-—lv'°
common
y
16 Va
IT
-
Feb
16
.
r
r
-.
15
Feb
115
'3'/4
450
12%
21
•
Feb
Jan
a
Salle
Wines
Jan
4Va
17
Masco
Screw
:v._.
■X
_!
—
products
Parke
Davis
Peninsular
100
——
l7s
;
1
'■'i-U:
*
;
8%
Apr
Apr
1%
Feb
2
1%
Feb
2
Jan
1%
800
200
.2%
Feb
29
4%
675
29 v<
5
V.
..V
_■
28
985
2%
Feb
~Tr' 5.
Paper common
Scotten-Dillon'
,_i r...io
Sheller
Manufacturing
Timken-Detroit
Tivoli
Axle
S
15,
Shirt
Radiator
•'/ 12
'X''
_
8%
Jan
Feb
55%
70
66%
70
2,924
55
Jan
70
13%
13%
13%
6,199
Feb
14
May
Apr
18
1,110
13% Mar
18
May
1,877
10%
13% Jan
Corporation vi
California
of
Steel
,16
11%
2
Walker &
Co
class
AilclUn
10% v;
62 V2
A._
luu.mv
r-m
/& 'X>
Feb
10
20
20
Cons
Mng Co
29
30%
9,163
76%
75
76%
407
64
66%
735
Stocks—
97/a
:•
American
1
•
Co
Mfg
Airlines
Jan
J,
;
May
Apr
7%
I
Apr
12
Jan
'i
14
Jan
;
Feb
64
Apr
•,
.■
-
Feb
39
Last
•••
1% V'"
-v; Range
ef Prices:
Price
67
Petroleum
Barnnart-Morro»v
Basin
Oil
42
3c
Mar
Smelting & Refining Co
Tel
Tel
&
Armco
Steel
Armour
38
Apr
10
Mar
1474
15%
1,120
X
57%
--
37
28%
Mar
57% May
148% Mar
143
;
37
15% May
48
957
a63% a65%
50
&
10
(111)
Co
154% Apr
a
Apr
Topeka
Santa
&
Avco
32
Feb
•
38%
28%
434
27%
Feb
29% Mar
245
11% Mar
12%
12% ' 12%
Ry__10O
Fe
Atlantic Refining Co
2% Jan
Mfg
;^''yV:;67%cvv
Corp..
al06%
al04%al07%
14%
3
346
91
Jan
42%
145
42%
Apr
43%
Certain-teed
Cessna
.
Products
Aircraft
Fuel
_
'
Corp
*
9%
Ohio RR
Oil
6%
220
4%
Feb
6%
Apr
Apr
al4% al4%
.100
Co
Co
;
-
.
106
Aviation
Corpj
5
Corp
Steel
*
15%
10%
Feb
14% May
122
33
Feb
42
35%
35%
270
27%
Feb
35% Apr
33%
35 V4
__
5 r
337/8
524
30% Mar
?
10
53%
53'4
30
1,625
-.
7%
23%
al6 al6'/8
13%
100
4
; 10»/8
10%
14%
15%
340
y
al7%
—1
6%
Commercial
7
-
10%
29 V4
890?
35
•
Jan
?
Corp
a64% a65%
27%
.4
13%
50%
525
13%
13%
13%
13%
13%
-75 c
412%
1,800
472
!Vta--s
11
iy
.
28% Mar
Jan
'
Apr
\
11 Va
Apr
15%
Apr
Feb
41%
Apr
81
Apr
Apr
.
Company
•
Cons
Aircraft
Vultee
100
30Q
300
10
7%
8%
865
Fitzsimmons
A
9Va
10
750
8 % Mar
295
-Feb
2
14%
14%
680
10
Corp common
10
Gladding McBean & Co
Goodyear Tire & Rubber Co common^*
56%
56%
477
51
4
Apr
4
General
Jan
j
General
31
625
24
44
510
39
|
Mar
8%
Apr
May
14% Apr
57% Mar
Mar
Jan
31%
Electric
Hilton
Co
Hotels
Holly
class A
Corp
Hunt
Motor
Car
Inc'
Foods
11
1
2.60
11
250
2.40
2.75
8,850
19
Co
19
237
Co—
common
Feb
92
1,204
115 122%
122%
__5
Development
Hudson
•
common
11
;
17
13
775
15%
1.20
4,200
97 %c
Jan
Corp—
10%
10%
3,200
1,045
22c
County Land Co
47
50
2,771
47
29%
2,220
20%
15,550
Katser-Frazer
Kern
"2T'';
■■
Feb
23c
Corp_
Company
8%
Jan
{
Libby
Feb
Loew's
1.25
McKesson
Montgomery Ward & Co Inc.,
Feb
15
f
Nat
Jan
May
51
Apr
Co
Petroleum
Lockheed
1
Co
Aircraft
Jan
30
1.30
21
22 Va
1
.
1.10
1
.
1.15
Distillers
New
,
1.10 Mar
Apr
1.40
Jan
Manufacturing Co
Merchants
Mt Diablo
Petroleum
American
Feb
3% Mar
1.30 Feb
Oil Mng & Dev
Co
Aircrait
Oceanic Oil
.....„.
Pacific Gas & Elec
1.05 Mar
6% Mar
a
17c
3,095
45c
150
45c
I
2.45
2.60
19%
preferred
220
32%
.33
34%
34%
67a
35c
1.95
'
Pacific
a30% a30%
30
I
CoX-——
Pacific Lighting Corp
Pacific Public Service
^10
b
Mar
Co
com
;
50
33
20c
Jan
;.f:'
:■£
-X
70c
Feb
Apr
50
1,895
14
100
-
..
Rice
Drug Inc
Ranch Oil Co..
1;989
6%
795
95c
1.00
3,600
24
2.50
.
29
6%
25%
3,067
5%
6%
1.450
-28
__1
common
Rexall
6V8
1;;;
95c
2.85
Jan
f.
Pure
Oil
Radio
X.
-
Mar
r
'
Ryan Aeronautical Company;—.,,...1/
'Safeway
Stores
Sears
Roebuck
Security Co
:
Shell Union
.5
&
Co
Co..
v
al9 al9%
Trading Corp
Signal Oil & Gas Co class A
,
,
36
Jan X.
f
31% Apr
35 Va
Jan
49
-
-
Feb
47% Mar
14
22 r
51%
63
,:
May
Mar
Feb
Jan
'
;;|
Oil
Solar Aircraft
115
1,437
650.
39
50%
50%
11
40%
201
14c
):
-
14c
160 166 %
160
■
1
Carp..
•
Company
preferred.—.
23 %
1
May
,
5%
29
85c
:■
Feb
May
|
Jan
Feb
1.10 Jan
1,000
V
,
15%
15%
,
125
;
:
Apr
Xv
Jan
Corp
-w,
175
11%
Feb
13
4%
4%
535
36
5%
3% Mar
Mar
Apr
Mar
Jan
37% Mar
10
Feb
1374
14%
375
•11%
Feb
29%
130
25% Mar
14% May
29% Apr
a55%
a58
127
53
Apr
54%
:
May
11% Apr
Apr
13
13
430
12%
Jan
13%
5374
54%
582
42%
Feb
56%
Apr
--
9%
9%
155
6% Feb
10%
Apr
—
17%
17%
490
19%
Apr
XX-,;.
;
a32% a32%
t
16%
Feb '
31% Mar
31% Mar
10
Apr
'
58%
48%
282
15% al5%
10
58%
a
15%
—
.
58% May
17% Jan
Feb
15 % Mar
Feb
21%
Apr
12% Mar
16%
Apr
18%
19 Va
415
16%
1,135
13%
'
3,059
9%
187
15%
Apr
17%
Feb
25
May
26% Feb
38
May
2474
23%
25
38
38
4%
a9%
125
8%
Feb
10y8 Mar
23%
23%
300
18%
Feb
24
1974
19%
16%
Feb
11%
&15 al53/a
-4%
a9'4
a9%
|
Mar
Republic
Co
I
Feb
136
17c
21%
23 Vs
5,645
;,i5%
Feb
-
1,208
V
540
4%
300
*
8%
Feb
14% Mar
2,158
42%
25
55c
Mar
113
36.
26%
26%
27
530
26%
24%
25%
1,178
25
23%
22%
23%
-
Mar
29%
13% May
16% Jan
Feb
5
Feb
Jan
-
Apr
24% May
22%r Jan
__
16%
a52%
20%
Apr
700
a54
—
15% Mar
22
Jan
345
41% Mar
55
Apr
Apr
440
17
a53%
1
25
X'X
a49
a4754
a.49
33%
35%
575
*
11%
1074
48%
170
35'A
*
,
Apr
Apr
48%
25%
Feb
35% May
of America—,——
Corp
common. 1
2%
„
11% May
9% May
Pictures
Corp..
50c
Corp
Co
Corp
of
Feb
8
Mar
1%
Feb
3%
Feb
22
27%
1,415
all all74
all
a3%
26%
27%
1.75
Del.
8
507
800
a3%
V
•
5
Distillers
Oil
1,690
974
2%
11%
9
__
...
55
a__
150
26
a28% a29%
•
a54% a5874
78
22% Feb
—
Feb
2% May
4Va Mar
28%
Apr
a__
32%
Apr
Apr
54%
Apr
54%
15
Feb
Feb
19% May
42% Apr
Feb
27%
Standard
Oil
Co
Oil
Co
&
Webster
Inc
a44%
a46 v:
152
35%
a'26%
*
(Ind)_—
(N
19%
a45%
Railway Company
Brands
Stone
19%
a2574
a27
159
25%
47
335
38
15
J)
,.__25
47
25
—
Inc—
i,—
1974
1,790
22
a78% a78'/8
*
13%
1
25
25
1374
__
,.
23%
a33%
1,250
61%
71%
Feb
11% Mar
17
Feb
47
80%
Jan
May
Apr
13% May
23% May
30% Mar
36%
319
53%
Feb
61% May
50
49%
Feb
-59%. Apr
28% Apr
35
a34
6174
215
•••>
1374
2274
__
Mar
Company
Tide
Gulf
Sulphur
Co,—
*
a60%
10
Water Associated Oil Co
Twentieth-Century-Fox
2 8 74
Carbide
Union
Pacific Railroad Co.,
Carbon
Corp
v..
a59% a60%
V
2 7 74.
28%
680
19%
Feb
21%
22
375
19%
Feb
•
Union
&
._
Jan
all8%
•
100
al78%
—5
a29%
301
all5% all87/4
98% Mar
al767/s al80%
175
156%
a2874 a29%
190
23%
Feb
16
Feb
Jan
25%
Apr
115
Apr
174
Apr
Apr
Mar
%
.United
United
United
Aircraft Corp
Air
Lines, Inc,
Corporation
Jan
r
V4*
•
;
'
120
3
900
18
a
1
3
10
'
17 74
a4474 a44%
10
(Del)
••
.
•
17%
3
a
'
2%
Feb
38% Feb
28% Apr
19
3%
Apr
Apr
42% Mar
*
v;
5
11%
12%
1,040
10%
Feb
13%
Apr
28%
250
25%
Feb
29%
Jan
Jan
Westinghouse Electric Corp...—,12%
Willys-Overland Motors Inc
l
28%
28%
,
"
-1,568'
--
•
Schenley
V X 23% May
150
26%
x,:.
50
Regis Paper Co
Texas
;
I
166% May
Feb
14.
1
9
9
110
7% Feb
25%
Feb
Woolworth
a45% a46%
260
44% Mar
42% May
27% Apr
Warner
Bros
Co
Pictures
(F
W)'_
Inc.
10
,
47
180
47
13%
Texas
-L
32c
40%
al3
al5%
Btudebaker Corp
Swift & Co—
1
Jan
41% Apr
5,700
25%
:
38%
al2%
487
13
33 Va
Republic Steel
Standard
1
44c
25
..._.25
Feb
Jan
May
40c
v
25;.
\
51
Feb;
Jan
122
cumulative '.
For footnotes see page 42.
Railroad
Standard
b
Feb
12C
470
17%
39
Mar
28%
convertible preferred
cumulative preferred
,
34%
*
*
Inc
Socony-Vacuum Oil Co
7 ..-Mar f;
20%
Apr
4.83'/'e
4.32#
;!;x
Feb
46,
25%
XV
17% Mar
32%
4.48#
j
Jan
f: 4% Feb
6
25%
32
150
36%
4%
U S Rubber Company
26%
368
•
7%
al55
,M4
Southern Calif Edison Co Ltd com___25
Orig
.
40%
25c
'
35
2.50
Car Co
Airways Corp
Pictures
Seaboard
14
al55
Signal Petroleum Co of Calif
Sinclair
;
30
.Class B
•1
39
-
16%
15%
i.;
15
Corp
Sierra
•!
16%
*
____j—^
Oil
al9
__l
Inc^—
Finance
Seaboard
6%
Mar
s
Apr
•
_.i.
Company
Warrants
"
Ricbtield Oil Corp. common..........*
19%
100
Co
Dodge Corporation
Pullman,
Incorporated
Southern
Republic Petroleum Co
Jan
-
19% May
28% Mar
.157
50%
14
-
Rwy
Phelps
11% May
Feb
Mar
30% Mar
ii»
49%
*
common
15%
1
Pepsi-Cola Co
'
-
-
Motor
American
Paramount
St
Paciifc Indemnity
250
'
Pan
a—
.
.
15% Mar
478
25
19%
,
10
Radio-Keith-Orpheum
Zo
;
.
15c
15,525
19%
—.25
common
a—
3,300
11%
10%
,
Apr
-35
..
•
Inc
Company
Oil
Pennsylvania
10
common
95c
20
17c
13
;
8% Jan
14% al4%
1
Apr
Feb
50
1.60 May
50
.
1
preferred
1st
2,935
1
Corp
po,...;..—...
Pacific. Finance Corp
1st
'
,
Inc
Petroleum
1,500
a8%
..a, '
_
2,600
1.60
1
1
Vnrdon Cor"ft«>t*<»r»' T-Jd
Occidental
2%
Apr
24%
9%
19%
Z
RR
Aviation
Ohio
1.30 Apr
1.05
,
1
National City Lines IncNational ivj.uj.iiu.30u
Northrop
i
,
Co
Central
York
Northern
23% Apr
Jan
1% Jan
1,200
8%
Feb
100
11%
18
North American Co
Jan
14%
90c
1,766
4-15
Inc,—.,,
Corp
Prod Corp....
20
10 Va May
'
-
Packard
Menasco
5%%
lOo
—u........
Corp
Mascot Oil Company.;
6 r'o
28%
.
Robbins
&
Feb
11%
5
Feb
Feb
12%
'
Jan
7 Vis
4%
a38% a38%
*
Nash-Kelvinator
8%
;
May
19%
•
•
)■
18% Mar
34c
Inc
(
Jan
500
362
10V8"
;.
Apr
.
29%
,,7
a
,
—
V
„*
Libby.,
&
9%
47
*
Corp,,
31
3
May
23% May
Feb
,,
,15
*
Copper Corp—
McNeil
North
Lane-Wells
Lincoln
Tel
31
Canada—*
of
Co
&
60
__
2.75 May
15% Mar
22c
Petroleum
Oil
Tel
Kennecott
Mar
27% Mar
31
2%
21% Mar
12%
_,
3
Co
50
215
_*
■
—
Nickel
14Vt
.
Corp.
Interlake Iron Corp
Paper
212
---
1
International
8% May
*19%
•
Greyhound Corporation
122% May 4y
Apr
1.55 Jan
1.05
Intercoast
Jade
;
*
r
International
16 Va Mar
6% Mar
a23% a23%
a38%
Apr
13% May
75
__
•
May
44
600
a607/a a61%
v
•
International
Hancock Oil
'
14.%
a7%
7%
Co
Motors
x
638
'
5
Graham-Paige
28% Jan
,
1,610
'
General Public Utilities Corp
25% Mar
3
23%
■,<-
Corp
Foods
66
•
v
2%
4
;
Apr
a7%
.
1
Corp.,,,
& Light
a27 a27'/4
Apr
23%
<
__
a61%
,x_5
Co
Share
Great Northern Ry Co pfd
10
Feb
44
X 320
Mar
31
Power
95c
5% Mar
General Motors
Jan
Electric
14
'.'v
Corp.—,..!
_.__.____1
.4
&
25
12
13%
1,:
Bond
24
V
—5 i
A
Electric
50
V
12% Apr
__
'
.
1
-
50%
Mar
10% Feb
1 v
Curtlss-Wright Corp common
33
30
2%
•
Corp
53% Mar
a24% a24V8
a24y8
25
10
37%
al2
a
__
*
v
CrowR Zellerbach Corp
Curtis Publishing Co, (The):,,
Apr
14%
Apr I
Feb
201
Edison
Apr
27%
a49 a50%
& Southern Corp
Co (N Y)
61:vMar
4 Feb
60C-
Farnsworth Tele & Radio
Garrett Corporation
Corp
Continental Motors Corp
Continental Oil Co (Del)
May
12% Jan
Feb
a50%
*
Edison
35
Feb
21% .Jan
200
67 %C
5
Bk
-
65
27%
27
67%c
Emsco Derrick & Equip Co..
Exeter OR Cp Ltd;class
Solvents
Apr yy
Apr
6%
v
9% Mar
355
10
1'
138
a4574
■]
54%
Jan
8% Feb
75
a63y8 a63%
Commonwealth
63% Jan
47% Jan
•/•i
Feb
5%; Apr
1,130
a45% a45%
a63%
Commonwealth
Class
y—w*/'
50c
class
Jan
4 5
A
a45%
•
Cities Service Company
Columbia Gas & Electric Corp
'
34%
10%
Inc
Stores
Mar
17
Mar
16
?&?3m
17%
a
6%
•
Nat'l
Apr
31%
r
V 54% Feb
,
25
;
Mar
47
458
^-25
Caterpillar Tractor Co
13% Jan
V 15
Jan
Feb
100
Merchants
15
7%
20% Mar
972
425
Corp
Canadian Pacific Railway Co,
Case (J I) Co
—
-
20
Feb
4%
.
Jan
y
ioya Mar
57%
Douglas Aircraft. Co • Inc....—
&
'
y
4%
Steel
Farmers
.
57%
Consolidated
Electrical Products
2,043
23%
Creameries, of America
Industries
9%
11 '11%
562
preferred——.20
Iron
Jan
Consolidated
l'
Engineering
Jan
'
17% Ap*
6% Feb
6%
-
6%
24
__
j
•
Apr
41
39 % Mar
,
205
-
,;-j
Apr
35%
23% Feb
25
a40% a40%
5
♦.
75
a27V8 a27V8
__
15
Budd Co
12% Feb
415
a43
a40%
;
*'
Apr
143/3
14
__
-5
Borg-Warner Corp
High
77 %c
-
•
;;io% Feb
...2.50
—
Consolidated
Dresser
Feb
2,310
9%
-
11%
1
Co. x
&
-
fe-
Jan
:52y2c Feb
al6% al6%
20
...
4%
21%
1
'
1,700
6%
_1
...
Chrysler Corp i
Colorado
290
05c ; V706^
-
x';
1,400
;
,
Apr
6%
__
13
Boeing Airplane Company
Borden Company (The)
:
Jan
42%
25
—
Corp—
Bethlehem
Range Since January 1
"
?
Broadway Dept ..Store^,,.,..,.,....:,;
Central Investment. Corn
:i*i_
^._33V3C
...
—
Oil
6
-
Apr
1
Bendix
Vvy- Low XT
,14%x 14%Y"
Home' Appliances
Blue Diamond Corp
Chica
57/s
!
■:
a._
—
607
—5
\
Sales
High
Apr
-
12% Mar
140
154% 154 %
__
14
Corp
j
Mar
for Week
Shares
4
Mar
7%. Jan
205
100
Co
Mar
9
15%
*
Co
American Viscose Corp
Aneconda Copper Mining
3
37
9
.
•'
Apr
:;>■ 2%
U
1%
.200
23Vs '23%
•
,
.
Bendix
Bolsa
€
-
.—10
Consolidated
Co
Low
-w—1
Company..
Corp common
Barker Bros
Apr
4%c Feb
'
Par
Bandlnl
Jan
50
a36% a36%
__
Corp-*
American
Atchison
41% May
"
325
200
2 '/B
Week's J
Friday
STOCKS—
.
20
30% May
77% Jan
x
60%
►
21
.
Angeles Stock Exchange
■
,
Jan
Feb
115
a3%
a3%
,
■'
1
—
American Radiator & Stand San
r Feb
11
108
'
41% •;?
V
1%
'■
^
Jan
Apr
1
1
—:
Allis-Chalmers
Baltimore &
.
18%
67% Mar
2,000
Barnsdall
<
34%
Feb
21%
2,000
Baldwin Locomotives Works
*
9%
123
30%
•
10
,
Jan
16%
Feb
310
X170
62%
vj 41%
——1
Los
11%
10c
Unlisted
Jan
8%
•.
17% Mar
'■;. .J'.
200
.
12 -
1
•'>
VVaiiier
11%
25
common
Corp^—.^
"
Wayne Screw Products
32% Feb
Stocks—
Mammoth
Alleghany Corp
i
.
Jan
4
Feb
12
■-939
V-,7 %
'? 10
common-XT—
preferred.
44%
—50c
common
States
Mining
Jan
6%
6% Mar
950
21
19%
10%
.
Dist
1,385
Jan
33%
.
Feb
3% Mar
:'-250
15
.
•7%
Udylite Corporation
55
American
21
V.:-x
BrewinarV: J:
United
U
15
—5
common
8%
<8%
1
400
,.'7 %V;X ,.,'450
7%
—
_
Calif
135
53%
__
Zenda Gold Mining Co _—25c
Apr
4%
Mar
4%
1,000
5'/a.
3%, •v.3.% k
...
Raisin
River
High
33
54%
'
29
——-1
<H WU~~—
Oil
Black
.
Rickel
Low
33
•
——*
Universal Consolidated Oil Co-
Apr
2%
4%
Range Since Janaary 1
High
2% May
3y4 Jan
100
■; 1%
4V2
!
2% Mar
3
2%
.
4%
*
Products
7% Mar
.
1,290
x.
V
1V2
1—2:
;
Metal
2%
_L.
National Stamping common
Packard Motor Car,
'
8%
3%;
1 "
Mc^iunaiian. .Kju* cuuimuu_.i
8%
-2%
'
■
—
25
Transcontinental & Western Air Inc__5
Union
May
United
-——2 X
common
Stamping
Low
...
Lakey Foundry & Machine—v,,
I
Inc
Shares
1
Co
Transamcrica
j.
'"■y
Lansing
6%
far Week
Jan
Mar
K/ :
3%
=
14
Co
8ales
Range
Par
8%
■
Week's
of Prices
Bale Price
v
High
4,820
8%
STOCKS—
Last
v
.
Range Since January 1
i
High
"8%
.
6%
;
Friday
for Week
Low
Gar
7
Sales
Range
of Prices
Sale Price
MAY
9% Apr
'47
;
(2060)
36
THE ; COMMERCIAL
.
&
FINANCIAL
Monday, May 10, 1948
EXCHANGES
OTHER STOCK
RANGE FOR WEEK
CHRONICLE
ENDED
MAY 7
Week's
Last
Friday
*
STOCKS—
'
/
V'?.'r<
American
Stores
American
Tel
Baldwin
•
Tel———
&
154
—13
Works
Locomotive
26%
100
14%
Low
14%
Viscose
Ameiican
High
i'
285
14%
154%
12% Feb
V
Apr
Apr
•,
22% Mar
250
Woolen
Anaconda
Apr
15%
27%
147% Mar
:
.
1.461
/,
Range Since January 1
Low
58%
228
51%
a
153 Via 154 3 4
.'
66%
66%
'•
1,159
:
:
Apr
2u
.
51%
Apr
r)
May
%;
200
966
37
Mar
775 t:
51%
50%
31
Feb
38%
Apr
28%
Apr
32%
Jan
14%
Jan
105%
Apr
66 %
Feb.
37
28%
29 %
Vj 1,804
12%
29'%
154
148% Mar
36%
Bank,,
National
High
58%
Jan
"
154
a
.
Copper Mining
California
Anglo
Shares
High
a 57% a
—
Corp (Un)_i—(./...M
i 66%
Co (Un).—51%
American
.l
26%
153% 154%
A
American Smelting8c Refining (Un>—
American Tel & Tel Co (Un).——100
Range Since January 1
Shares
HighA'i
Low
'
for Week
of Prices
Iota
Sales
for Week
Range
•
Sale Price-' of Prices
;
„
Week's
■«
Last
Sale Price
STOCKS—
Sales
Range
Friday
Philadelphia Stock Exchange
12%
530
11% Mar
107
115
89%
Feb
20
51% May
Feb
'
Bankers
6%
Securities Corp
common—50
partic preferred ——-50
Budd
Co
Chrysler Corp
—
Curtis Publishing Co——
Delaware
Power &
Electric
Storage
General
Motors
Gimbel
72
•
—
:
73
72
10%
2% /
573%
10
57%
0%
.
Mar
70
Feb
80
4^
10%
'10%
;
350
18
1,312
Apr
Atchison
11%
Apr
63%
Jan
Atlfts' Corp
.
15% Mar
18
53%
331
49%
Feb
56%
Jan
57Vc
782
50% Mar
58%
Apr
22%
21%
22%
310
17%
Feb
11%
11%
859
9%
Feb
12%
Lehigh Coal & Navigation.——10
Lehigh Valley RR ——
50
Imperial
Pennroad
Light.4;
&
Power
7
7
.>
-*
Pennsylvania Power & Light—
Mfg
%
-
%
10
3,532
5%
6lA
18%
18%
19%
Baldwin
Bank
Locomotive
Oil
Barnsdall
May
Basin
Ohio
Co
Oil
Reading Co common.
18%
19%
A1 2,776
Scott
Corp
Gas
45%
45
114
.
22%
Bendix
Home
6%
22
104%
14
Apr
Bethlehem Steel
Apr
5,879
1,082
21
22%
.675 "
11%
21%
11%
100
45%
"»
27/8
^—.13%
21%
" ,"21%
21%
16% Feb
22% May
23%
22V*
15
Westinoreland lnc '.——————10
>
.
2 d
Mar
25
11%
39 % Mar
22%
24
Calaveras
———15
——
(tlnf—
STOCKS—
Feb
California
Low
Alleghany Ludlum Steel.—..-———*
Clark
(D
Co
L)
Columbia
•'
Co————
Gas
Pacific
0
Follansbee
Fort
v.;'.
(I'U
.
Steel
Pitt
-•••*'-'-A;',
,
Walker
'' .//"('•(
>
10
„—„^
Brewing—
Harbison
)
.
28%
,
I
—
McKinney
11%
10% Feb
Service
Mountain Fuel Supply
9
21%
21
1
-
7% Mar
21%
21%
110
18-Va
Feb
2%
1,600
16%
16 Va
>
Feb
2%
-16 Vi
r
;
2,380
Jan
400
t:/4ZZZ: Feb
5%.
45/8
40
40
203
■
•
Corp
36%
213
Z
160
A^r
Jan
27%
125
23
Feb
29%
Apr
41%
Jan
36
a
30
Jan
41%
18% Mar
125
7%
25%
Jan
7
Feb
940
23
May
29% Apr- ? J
;
4
200
8%
150
35%
34%
1,740
25
(Un).._
Co_::
/■:■■■? ' -*4
8% Jart:■■■'.•
i;
c_25
Jan
''-Jan'A;
36
May
10
Mar
15%
Apr
■
53
% Mar
61%
Apr
;
90c •SMWc'
3.300
68c
38%
__
10
(Un)———_
Feb
40%
1,989
58%
58%
374
38% May
Mar
54
40%
.'2.50
28
•
•
>
9
150
a62%
—.
4%
7% Mar
747
14%
j*
—
3% Apr
.
ZZZ
a50%
a48 % a50Va
_10c
50c
i
Oil A GaW.
Standard Steel
—i.1
7% Feb
33%
<
33
Spring
United States Glass com.v t c_—
Vanadium Alloys Steel
33%
13%
:/:'■ // 60
8%-
8%
34
———
—I
.Westinghouse Air Brakej..i—/
; ? Westinghouse Electric Corp.
12.50
28
'
100
13%
—
220
'
62
Jan
158
32%
100
21%'
50c
20% Mar
23
Jan?
13% Mar
15%
Apr
,:
17%
Jan
|
22% Mar
T
al5%
15%
70
al7% al7%
10
a23% a23%
20
'
0
(Un)—
Edison
Chemical
class
Ind
2%
2%
a27 a27%
«
A-
a
2%
25
_
42
43% Apr
Feb
50c
May
500
119
.
42
41
;
■
17% Apr
22% Mar
2%
.
May
Crown
Zellerbach
$4.20
Apr
;
28%
Jan
J
Jan
I
3
'
38% Mar
23%
445
21
13%
14%
?~V
12%
10%
10%
10%
31%
30%
—
+
Mar
23%May?.|
Feb
;/"■ 16% Mar.;-/>
13
Jan
34
.:;/A9% Mary
835
<■
1,960
421
91%
Feb
100% May
113 114%
100%
'
31%
98% 100%
59
103%
Feb
126 %
26% Mar
Jan
Crucible Steel Co of Amer (Un)
>
Curtis Publishing Co (Um_________
Curtiss-Wright Corp (Un
Cypress Abbey Co..
•
273iMar
33
.
15
36
—
33% May
Jan
.
330
9% Apr
Apr
Di Giorgio Fruit Corp
;
Class B common
•
38%
38%
288
32%
28%
298
25% Feb
Feb
Jan
38% May
-
Jan
30
?
SI. Louis Stock
Friday
.>.
Last
STOCKS—
American
Brown
Inv
Shoe
Clinton
Brew
common
13%
5
—-,—5
,
Range Since January 1
'LOW
1.5%
100
.
29%
30%
26
13%
14
22%
23%
125
35%
35%
*
High
13% Jan
325
25
..
,
(Un)
110
27
1,550
15% Apr
Feb/.
32
23% May
6% Mar
[
Farnsworth
'
Jan
33
Food
Jan
>
.15
Mar
12
Mar
53
58%
Jan
7
7%
1,140
6%
Mar
29%
29%
1,145
41%
0
41%
224
34 'n
Feb
5%
700
4%
Feb
29%
—
5%
43%
«
(Un)
Tele
Machinery
&
Apr*
5%
Mar
Apr
43% May
2,476
15%
Feb
25
32
9%
Feb
13
Apr
38%
433
Mar
40
Jan
160
175
650
16%
1
_
Jan
31%
41% May
12%
17
95
.20
Radio—..
8%
25% Mar
270.
Mar
60
22%
12%
a
175
__
a
7%
8%
27%
35%
3,^
'/
6% Mar
Jan
21%
Apr
Jan
34% Mar
8% Apr
39% Mar
Apr
27%
Apr
31%
1,064
;
Apr
26%
27
35
■;
1.05
16% May
100
27%
a44 V'B
ASA**
•
30
Mar
37%
Apr
3.043
a42% a44%
8%
10
Corp....—
16% May
16% Apr
37%
:;///;«Z~/'
38%
—
43%
20%
20%
5
/
■■■
v5%-
Co Of N J (Un)^. —10
Foster & Kleiser preferred
Apr
12
1,063
58%
'/
7%
(Uni—
Emporium Capwell Co
Eureka Corp Ltd
Ewa Plantation Co_______.
'
23%
„
23 %
23%
—
Shares
High
-154
16%
■
../_.
El Dorado Oil Works
Electric Bond St Share Co
for Week
of Prices
Low
,
,/ —:
1
•
16%
16
■■
Sales
Z.*
16%
58%
—
,
Chemical Co com——
Eastman Kodak
Exchange
Week's
.
__
.
common^
moT1—
■
',
1
common———-—13.
—45.
Industries
Columbia
Par
common
■
Sale Price
.
.
;11•
.
-
'..5
•
Doernbecher Mfg Co—
Dominguez Oil Fields Co
Dumbarton Bridge
//
Z
com,.
$3 cumulative preferred
Dow
•/■v.///
icl A
'
Falstaff
Brewing
Dn__
common.-.:/
General Electric common
l
Genera! Motors common
General
Shoe
(Un)—,
(Un)——
10
.10
571%
571/4
;
Shoe
1 '
f
Laclede
Gas
Laclede
Steel
*
common
'
5
—
8
15
common.—.4
5%
Landis Machine common.—
Jan
.
51% May
s
Mar
'
^.25
Missouri
North
_io
common
Portland
American
Cement—1
5%
31%
95"
28
22
25.
22
1,861
com
(Un)—.
St Louis Car common
St
Louis
Public
Sears Roebuck & Co
Stix-Baer & Puller
Wagner
;
Service
Electric
class
,1
10
10
A
1
•
common
15
May
23
Jan
19% Feb
23% Jan
100
16% Mar
19
15%
40
14% Mar
17%
Jan
.
20V2
20%
30
20
23%
Feb
391/.
5%'
5
.
3a
,
r
391/,
.
"• 52 ;V
'
52
529v
5
335 '
16%
1,292
52%
Mar
<•"- Apr
32% Feb
233
7
/
Hawaiian
'
Class
'
order.
ocnet
The
issues
1SSU6S'''
Honohilu
?
•
-
55% Feb
*
Hudson
•*;■.:
Friday
<
,
.,*
•
.
Aireon
Air
Alaska
"
'/
?
-r
*
/
Par
•'
Mfg Corp...——50c
Reduction
Juneau
Co
~
(Un
GoJd
Mining Co_.~—"10
Alleghany Corp (Un,),
—.i.—
/__1
American Airlines Inc
(Un)
American & Foreign Power
/__i
(Un)._""<■
American
Factors, Ltd (Un)
American Rad & Stand Sanit'y
For footnotes
see
page 42.
20
(Un)
p
Week's
Last
Sale Price
Hunt
Low
High
1%
1 %
a3%
241
Idaho
v
Low
5a
.
,/
Jan
23 V3 Mar
10
3%
Apr
25
-
2%
Feb
1,130
a2%
25
'
7%
309
700
Jan
2%
50
/.
'
15
19%
Apr
69%
4
3%
40
180
,
11%
11%
Feb
39% Mar/,
107
4%
a46% a47% '
'
11%
Febr
66
212
5,587
"
a44%
4%
•4. v
15%
240
19
18%
68%
72%
Jan
43%
Apr
5%
z
Apr
12
.
Jan
45%
Feb
Mar
10% Feb
1,929
•
Jan
-
19
Jan
*
22
Apr
*
^36
(Un)
Jan
.7% Jan
2.75 May
1
•
10
1
„1
"
Jan
•
68% May
.
0
*''
«■
■
.
•
-
•
19
:?/'/ 337
17
18%
1,224
a3%
a3%
30
1.95
2.00
31%
'
Inc"^——•
6.66%
(Un)
31%
3,535
130
29%
510
18%
Power
Co—-.
rH CO
—1
——
__
_l
2.00
—„
.—
1
20
v'/Z^'-c
29%
29.
(Un)_
al23,4
/' 66c
Mining
Corp
1
Copper Corp (Un)..„„„4:
County Land Co ————-5
Kern
275
—•
9%
'
Jan
.
a 43%
38%
/'
"10%
16%
20%
Feb
1534
-
Feb
V-
Jan
1.90
Apr
2.50
Apr
34%
•
>31% May
/
Mar
19
4 %
3% Apr
> High
1%
Jan
25% May
4 Va Jan
4
Apr
vil' "'AyV
;
■'.//•'•
v
Jan
24% May
12% Mar'
10
Langendorf Utd
Class
"B"'
Bk
"3
Libby
McNeill
Feb
Jan
Inc
Corp
3438
Feb
8V4
Feb
Feb
70c
/
W
38% Mar
15
Jan
190
43
Feb
55
Apr
49%
1,827
47
May
51
Apr
26%
ii--
10
100
9%
26 /
374
22
33
9%
,,.-'/w
7
26%
22
33
0
—
Z
10
"'*.*•/
/'
410
"
Apr :
,
28
-
.25
Jan
Jan
21
Apr
32
Feb
35%
Jan
Feb
110%
Apr
;:'8%
21 Va
——„—*
22
452
14
Feb
23
Apr
17%
22
_/T^_—1
(Un)^
210
940
/
103'8 /'//
a53% a54 %
"'V.
"A"-
Libby—
Lockheed Aircraft
Jan
29% May
14.
Jan
r~ * 47
48%
.2.—-—.*
&
Feb
60c
35
.
■
\
—
4?: Leslie Salt Co_,
4
*
38%
11%
250
12%
66c
Mar
17%
460
16
Jan
19%
Apr
32% Mar
35%
Jan
Mar
2%
-
Apr
Macy
Jan
27
15
-i;
V
10
a
25
"
Kennecott
Z
3 Va
a
14%
28
43% Jan
v*'
Motor Car Co—
Foods
Loew's
a2%
Jan
»?3
Jan
Co..————..2
Johns-Manville
Corp z (Un)—
■^
Range Since January 1
200 v
a3%
878
,1
*
Idaho Mary Mines Corp (Un)
IXL
Sales
Shares
25%
20
26
Plantation
Hupp Corp
for Week
a
18% Mar
10
*
International Tel & Tel
;/V,4jv-; y«'Ar-v*
Range
24%
100
"
"Lc^fSwing^UJn^faU
1
of Prices
a3%
19
a23
Mar
*
Co class A
Kaiser-Frazer
STOCKS-
.
(Un)
A| Inter! Nickel Co Canada (Un>._——*
Exchange
*f T5"***
-
18% Mar
i
Z/.f-
;
(Un)
■
765
69%
_.
>>——.
Pineapple Co Ltd
B
19%
35 >,
•
achnitted^o^UnUste^^Tading^
IISt'CQ,
pfd
19%
19
18%
—ioo
•
Holly Development
Holly Oil Co (Un)—
t'.Honolulu Oil Corp"——
./
NOTE-
.....
non-cum
Hobbs Battery
:
San Francisco Stock
Ry
51
,•
__
Rubber? (Un)
&
Jan
969
<15?
', Hale Bros' Stores :'Iric—
39% May
16 % May
Feb
48
Nor
//Feb:
Feb
13
;
Mar
preferred
Apr
23
56%
19%
"
—
Greyhound Corp
r
■
«
Jan
93
54%
56%
pfd
.Graham-Paige Motors (Un)—.
•
50
15
..
5% Apr
Apr
18%
5
common...:^
;
32'
15V4
~5%
50
;
*18%
..
4%
Gt
Mar
21%
2nd
5.
:
Corp com—
preferred..—
39
58%
Feb
a37% a38%
a38%
.10
Paint
Goodyear Tire
;
Apr
,
0"
Golden State Co Ltd com—
;
)
"
15%
v/
'
(Un)
Cum
M
Jan
10
16
4% Mar
•
Feb
':/'12r/''Jan
8% Feb
14% Apr
'21%
25
; Jan
2%
45% Jan
Mar
-'/A;
McQuay-Norris
24
,
,
8
22
22
Apr
10% May
.j 8
May
100
General
J an
2% Mar
5%
:
35
/
'
15
Corp
Conv
Jan
31%
>,
_:20
31%
Food
General Motors Corp——_
;
100
'
common
Apr
39% Mar
25
9%
58%
20
•■I;-- ':;
9%
Mar
.
250
8
-
-
■
1
General
Apr
33
125
«
(Un)
•
40
305
1 n»A
10%
36%
51
200
42
23% May
25% Mar
'
360
2%
2%
General Electrid Co
Feb
31% Mar
210
35
' 41*
'.v;
-v""
.
common
51%
J0% : 21"
20%
41%
>_*.
—
Knapp-Monarch
Laclede-Chrlsty
10
15
233
26%
50
.
common.—.:—— ? '
'
„
57%
26%
.35
Johnson-S & Shinkle common.^—i.—«
Key common
55%
50
5<F
Huttig S & D common——5
Hyde Park Brewing common—
4
International
'
—
6
'
—„6 *• ■'
—
*
__
X
—:—.—1
Hydraulic Pressed Brick common
;■
22%
«
(Un)—
(Un)._
common.-—
Grlesedieck-Western Brew
W
.
1
.__1 "
Magnavox
Co.___
May
Marchant
Calculating
(R H)
&
Co
com
—7
__1
Machine—
4
Jan
"
—5
CorpCcOmmon.—
preferred——
$4 2nd
:
1
preferred—y.—
(
Jan
11% Mar
5% Mar
■'
X27%
%
>|
43
Feb
Mar
26
i
470
23%
Consolidated Edison Co of N X ttln)
i
10
Southern
—
Consolidated Voltes Aircraft-*,———
Creameries of America Ific-4——
Jan
39% Jan
-
(Un>—
——
35
'
Jan
#44%jJatt;iAi
305
50c
21%
1.30
Apr
—
Shamrock
V
a—.*"
200
'22%
Apr
■
|
52%
34 y4 Feb
8%
'
4 %
7%
«
common-
Railway
Commonwealth &
39% Jan
i
9% May • /•;
76% Jan / j
21% May
f
3
Mar
30
I 34%
—
8%
Feb
8%
Mines
Commonwealth
16% Apr
f..{? Apr
2% May
11% Mar
8%
t
I
y/
38
2%
—,..^.—10
.10
12
12% Apr
~
V
Fireproofing Corp.5
4%
Pittsburgh Brev/ing $3.50 pfd—JJ:-;1.
—^
Jan
23% Feb
,
150
25%
National
Pittsburgn Plate Glass
Pitts Screw & Bolt Corp
20
9%
25%
Feb
3
a30
<1
Co
Co
Silver
Consolidated
28 %
Apr
6%
4,883
Commercial Solvents
31% Apr
16% May
Mar
150
425
9«/»•
——1
13
141
12
1^,.:
.————10
-
Feb
12%
28%
36
3.210
:
...Preferredy,—:.——
'>) H
Refractories^
Lone Star Gas
25
110
16%
30% Mar
8%
3%
Colorado Fuel 8c Iron common
High
12
12
325
19% Mar
Range Since January l
12
-
*
;■,
Apr
35%
6
Mining Co—fc:>. —i *
Eureka
Clayton
Low
30%
•29%
Apr
35
; 16% May
1
Clorox Chemical Co
High:
16
<•
Elecirie—
&
"i
'♦
30%
<*
'
V
Sales
/ ..Shares,
Apr
15
Feb
220
a40%a41%
23
Mills
Packing
Canadian
for Week
Sale Price yof Prices
t
Par
Blaw-Knox
Week's
Range
; ;
Last'
.
40%
Jan
16%'
.,
27%
/-j
a40%
.2%
——
Cotton
Cities
S//.A/A/.'Friday
Apr
11%
100
660
«-
Cement
California
Central
■>.
40%
26%
55
14','4
33%
7%
>
—
Chesapcake & Ohio Ry (Un)„.
Chrysler Corp -—
:
Jan
*
Feb
22% Mar
May
3%
.■7%
3%
Co
Calainba Sugar—
15
260
35%,
'-2
Apr
Feb
14%
:
i
Caterpillar Tractor
,
a44
i.
Apr
Mar
16%
(Un).
Sullivan
&
Byron Ja.ckson
Apr
20% Feb
■
(Uu)_
Co
Hill
Bunker
46% May
Feb
(Un)
>15%
10%
230
20
Borg«Wamer Corp (Uni „————5
Jan
3%
135
1,285 v"
33%
;
Appliances——>;-.33% (5
Holdings Corp
Borden-
34% May
8% Mar
707
3
Jan
Jan
132
46%
2%
23%
Feb
28
Z
"
.' J^
Boeing Airplane Co (Un)
Jan
21%
216—
—1
48 V» Apr
21% Feb
23
25
34%
50 /
15
250
a
a42
a44
14 ',4
'■.?
5
(Un)
Bishop Oil Co.J-—-
117%
Feb
5
;
Jan
19%
40% Feb
.1.
6%
12% Mar
14%
247
14%
■■■-?; 15
Feb
7% Mar V
Feb
4%
13%
a
100
.
20
6% Mar
1,866
530
/—
20%
Jan
18
32%
—46%
common———
Improvement—
11::
250
(Un).
a
3
.
(Un)__
Corp
Jan
':
16% Feb>
242
114%
: 24%
—
34%
—1 ^
Paper common.^
United
United
45
50,,
Salt Dome Git Corp
105%
6%
2.50
NA
-
Aviation
31air
■
a
22% i
a
(Un).
RR
California
of
%
Apr
5% Mar
1,747
19%
7
Pennsylvania Salt Mfg common—10.
3% V preferred series A_-_.
100
Philadelphia Electric Co common—'"
$1 preference-common
Philco Corp common
1;—_3
Engine(Un).
Corp
Baltimore &
Apr
7
4% Feb
50
.
6
——————-..-50 A.
Pennsylvania RR
%
•
—
1
Corp
al05%
—.5
Die*61
Bendix
National
iUn)_100
Fe
(Un >.
22% May
11%
17%
18
5
—
12%
Topeka 6c Santa
Avco
Apr
52%
54%
(Un>——-Z.5
(LI.)
Atlas
10% May
:A:;T,z Mar
533%
10
Co
&
Armour
Feb
52%
1,285
May
>
74%
Feb
8
171
59
10%
116
110
17 ft
>57%
Light-i/i-T——13%
Battery——*
Corp—
Brothers
VA;
;>
114% 116
—5
a35% a36%
a36%
■
.
35
al3% al4%
157
•27%
27%%'
168
% -: 9%
24
Feb
Mar...
11%
Feb
30
Jan
J
:
<
Volume
167
Number 4697
-
THE
COMMERCIAL
OTHER
&
FINANCIAL
CHRONICLE
37
(2061)
STOCK EXCHANGES
RANGE FOR WEEK ENDED
MAY
7
-TTT-
"
•'
*
Friday
1
Week's
Last
STOCKS—
"
.
■
Par
/,
.
Low
Matson
Navigation Co <Un)
—*
McBryde Sugar Co <Un)_—_—_5
McKesson
Menasco
M
&
J
&
Inc
Robbins
Mfg
Mother
..V
High
Low
STOCKS—
Par
Jan
Republic
5%
5%
5%
200
5% May
7Vs
Feb
Republic Steel Corp
34%
Jan
Reynolds
1
a323/s a33%
130
2.75
3,550
2.50
28c
30c
31
31c
10,600
43c
5,250
a57Vs
a61
333
16
16%
16%
16%
lG'/s
10%
42c
(Un)—*
42c
a603/s
___10
16
"
Mar
1.15
Jan
18c
May
14%
31c
1,015
May
Riverside
43c
Feb
"B"
May
Roos
Auto
National
City
National
Distillers
Nat'l
Linen
Natomas
N
Y
Lines
5
_
Service
RR
.—1
5%%
North
preferred
American
a6V2
a6%
83
6%
10%
10%
850
10 %
16%
15Vs
1614
1,205
12%
13 Va
12 Va
13 y«
920
8V»
13
*
.
13
100
9%
S
100
75
Cons——__10
'44
Railway, (Un)__
100
.
Oahu Sugar Co Ltd (Unjf—7~~_-—-20 7^
'Occidental Petroleum
Ohio
Co
Oil
(Un)
*
_
Olaa -Sugar Co (Un)—_
Oliver United Filters class B
42%
25
.
""
14
25
Cement Co
and
W
V "
tI;'T4
46c
4
6%
Apr
Signal
Apr
11%
Jan
Sinclair
Feb
16%
Apr
Jan
13 Vs May
Soundview
13%
Apr
Southern
Union
Oil
Foods
4.32%
4.48%
17%
Feb
25
May
17%
Jan
Sperry
_io
Feb
58c
Apr
Spiegel
27%
Feb
38
Pacific
Coast
Aggregates—-iw—5
6
33%
6'V
1st
5%TV
5%
1st
1st
$5
pfd—
--25
.
34
34%
30%
——25
——
Lighting Corp com_—_—
dividend
Pacific
Port
Pacific
(Un)
Public
Pacific
Tel
Packard
50 ;
—100
Jan
13
Mar
•Standard
24%
Feb
96 %
99
*
'4%'
Studebaker
Jan
Swift &
35%
■ ■
29 Vs Mar
31 %
Apr
Texas
Jan
29%
Jan
Tidje
Mar
53 %
Jan
(Un)__
Airways
103 Va
Apr
Companies com—_
Preferred
Paramount
Pictures
Pennsylvania
Cola
Phelps
"Un)____
(Un)
Dodge
(Un)
50
t
101 % May
-
1,460
20%
>
20
",:7
Jan
115
Standard
125
Petroleum
Pioneer
Mill
Co
Co
United
4%
Ail
25%
Feb
100 %
Feb
4%
Apr
Jan
4%
863
Oil
J
25% if V
United
U
S
Corp
Steel
10% Mar
Utah-Idaho
26%
Victor
.22
Feb
40
100%
Jan
102'
474
Apr
Oil
Co
(Un),
P ~
—
39
May •;
•
41 %
Apr ;
19%
19%
14 Vs
Feb
19Va May
34
33%
34
1,530
28
Feb
34
;,25%
773
/ 23
26%
23%
767
22 Va
25%
522
24% May
28%
Jail
32%
«33
823
32%
Mar
34
Jan
Feb
Feb
55% Apr : 5
28% Mhy :1
Feb
10%
Apr
65c
Apr
1.10
Jan
24
Feb
26
Jan
54% Jan
70
May
23 Vs
.
53%
f
55%
'28%
all%
>
22
'
;
100
9%
Feb
24
Apr
Waialua
17
Feb
20 Va
Apr
Warner
17J/2
710
15% Mar
22 >>
Jan
Wells Fargo
f
,
.'
.
65c
300
•
a27
212
70
a 26%
2,558
6G
a54
260
41
Feb
55
14%
100
10
Feb
68 V«
69%
390
55%
Feb
14% May
69% May
>7
50
6%
1,690
150
48
36%
May
Jan
>25
Jan
—
34%
34%
11%
10Vs
11%
8%
83'4
213
38%
28%
40
28%
95
410
210
,
: I
!
446
69%
Feb
673
16%
Feb
47
of
62%
934
52%
Feb
62 V4 May
■}
28%
1,525
19%
Feb
28% May
j
11%
8,230
10 %
Feb
13%
al9 Vs
5
29%
29
Feb
29 %
Apr
27y
16'/2
Jan
19
Apr
;
Apr
i'i
'
3 %c
:4^' .-•7 9%
29%
68% Mar
78
38 V4
Feb
67 Va
3%
Jan
9V2
600
7%
365
29%
30
j
i
>
Jan
!
133s
Feb
275
Jan
32%
Feb
10%
454
279
Feb
27%
250
12
279
.*•"
j
Apr
739
".
11%
■'
j
May
2.75 Mar
9%
._5
__100
3%
2 Vs Mar
67%
3c
".
800
1.010
3
63%
V
.29
iTJn).
f
;
74%
,_5
Co
Pictures
23 V4
"
.
,76
.,110
Bank & U T____
21 'A Mar
30 % May
•112
17 Vs
3
___1
Jan
Feb
—.
*
•'*
16%
21%
29%
17%
'
40
<
30%
29%
Jan
2.830
al9% al9%
(Un)_l_______i_l
Agricultural
Bros
{]
11%
30%
Oil
j
Jan
27%
___125
(Un),_
Apr
Apr
36V4
;28%
Inc—J. 10
Del
79 Va
59'A
2
Air—L5
(Un)
-;
23%
1
Mar
;^32
;
,
11%
...10
com___
Corp
79
23
___25
Apr
8%
Apr
Apr
^
301
Apr
Jan
'
Preferred
(Un)______J_1
com
'56c
54c
V
7
6%
15
15
(Un)__,„
1—
1
West Coast Life Insurance (Un)______5
Indies
West
Jan
Sugar
•
„_1
--
Mar "
6,573
6,395
4%
Feb
15
10
13%
Jan
a24% a24%
■
56C
7V4
50
19%
Feb
7%
135
7%
Apr
92
1,880
"
31c
60c
Apr
7 Vs
!
Apr
15
>■
.
May
23 34
7
Apr
50% May
Feb
48
79
'22%
a33% a33%
79;,
May
14%
50% f!
'
[
May
i
29Va
Jan
44
780
f
166
25 Vs Mar
1,155
28%
allV4
28%j
2
70
Equipment Co
18%
7
Feb
30 Vs Mar
19%
a26%
com___
Sugar Co
550
48
32%
390
23% May
i_l
Consolidated
Universal
8% Mar
409
49%
914
Feb
Corp common
19%•"■>*'• 4
"
40
Feb
(Un)"__—_25
West
&
Lines
22%
50% i>
39
.
15
'V-v4*
7
a517/s
'r
H
4
Feb
Jan
122
Jan
500
9%
41
t
Jan
13c
65c
lUn).__,
Aircraft
United
--
__.20 ;
& Timber
Jan
20%
9c
325
(Un)l__
Co of Calif
Jan
15 'l
„
•
—
(Un)
Puget Sound Pulp
Pullman Inc (Un)
Pure
-i—_
18%
17% Mar
25.100
2,879
2,801
,25
Westates Petroleum
Phillips
15% Mar
670
10c
166
»
Corp
Apr
Feb
90
172
.
OJl
16%
a54
•
P 100
1,465
19%
23%
pfd A____25
N
Ass'd
19%
25
Philippine Long Dist Tel Co
16%
24%
(Un)
Company
22%
—
16
10c
22
—____L25
of
Corp
102
16%
May
'
32% Apr 'I
40
Calif__:
Oil
i; 102
—
27% Mar
19%
(Un),.*"
com
Co'4 (Un)
Water
Union
22% Mar
402
£
25
60
__5
Inc
Transcontinental
29% May
-
Jan
12%
767 r."
.
<
,
50
_____33%
—
Corp
r'n
1
(Un)„
Co
RR
Co
47
T-!
,
100
-
7
9%
*
_
_
V.jVV
4%
:
9%
——*
19
250
.15
of
Transamerica
27%
6
A-l
r
V
American
Feb
«19
30%
Apr
Mar
33
339
99Va
15 %
!
150
Co
Apr
Jan
'
100
*7,
Apr
3,473
23%
Co
6%
4,176
24%
25%
"preferred—
Brands
Oil
18 V4
;1,626
14%
Jan
25%
Spring Valley Co____—
36%
125
14
Jan
15%
24%
"A
4
15% Mar
-
29%
125
__
4_'
;
Co com : (Un)
29
V7-'-'V:'
com——i_*
Tel. com—,
Motor
Paraifinc
Pepsi
4%
23%
10c
—_,v
30% Mar
50%
101% 101%
'
: ,'
„_——
_
&
_10
"
1
Co
Southern Calif Gas Co 6%
Southern
Pacific Co
50
>
3014
149
-
ci
(Un)
—_
Service
1st preferred
Pan
7:2,281
.
Feb
,
38%
preferred
conv
..4,822
,
a27% a27%
__
*
—
Cement com
Preferred
)
6
al9
33%
'M
25 ■*,/;•;- 34
pfd
*~i
al9
32%
>
20%
16%
'
Pacific
f
pfd
*/(5%
:
Gas
cum
Standard
Pacific
Finance
Corp
<Un)Ui-4——10
Pac Gas & Electric com...
25
Jan
1,201
21%
May
May
4%
3% Mar
10% Feb
40 %
—15
Inc
700
Apr
_5
Oil
Corp
39c
100
36 %
30%
__P 10
Pulp Co_l
Apr
499
Apr
112
18%
Inc
Calif Edison Co
% May
■*
28%
iUnf_.
A
Corp (Un)___
Socony-Vacuum, Oil (Un)_
75
May
Feb
24%
s
&
44
14
22'%
21
Oil
•
1,703
7.I.'37
33
'.3%':3%'
12%
12%
33
..
Apr
Shell
Feb
!i'7,,T'60
V'
40c
29
397
Jan
Apr
7
693
Feb
27%
:__i
Mining—,:
Sears, Roebuck & Co
Jan
9
Mauricio
San
Mar
67
23%
1 •
Fine
32%
10
High
271
a36% a37%
110
iUn)_r.
J
Bros
21 %
18% Mar
1,743
25
,;7!;i4
-
._2(>
75"
44'/a-.'
75
,,
Mar
6
Jan
10%
Feb
100
—,
Oil
Pacific
100
1,030
10%
(Un)_.——1
North Amer Invest com
Northern
7%
19 %
„
0
17 Vs
Feb
7%
19 y8
__1
Corp—
Aviation
8%
264
7_
Low
29
Apr
16% Mar
15Vs Mar
275
19%
<Unj—_
(Un)——.
American
.
—._1
___
Prod
Company
Central
North
(Un)
Fibres
Range Since January 1
High
i29
______
Safeway Stores Inc„__
Nash-Kelvinator Corp
National
Shares
Low
.__1
Manufacturing Co
Richfield
Oil
Corp
58%
48 Vs Mar
.
Tobacco
(IJn)
for Week
27'/a
Co..______
Rheem
3% Mar
Mar
42c
'
Petroleum
Sales
Range
of Prices
Sale Price
High
17%
2.75
Co——
Range Since January 1
13% Mar
Lode—10c
Morrison-Knudsen
Last
Shares
907
a32Vs
M & M Cons (Un)
Mindanao
Montgomery Ward & Co
for Week
17%
-
Week's
Friday
17Vs
,_1
—_
•
17 Vs
(Un)__—13
Co__——
Sales
Range
of Prices
Sale Price
,
,
1.
49
•-
May
Western Air Lines Inc
Apr
% 34%
Western
26%
Feb
•'
Feb
11% May
7Vs
Feb
i)% -Apr
May
(Un)__i_,
__1
7%
•e
Dept Stores ____,____,____50c
•
90
21Vs
16
8 Vs Mar
Mar
22
May
1
Western
Corp
(Un),
of America
Radio Keith Orpheum
*
<Un)_,_—_1
8
1,846
Union
—
__
25
a33% a33%
__
'
Mar
38
Woolworth
Feb
30V2
Jan
31%
-
Feb
34
Apr
Elcc
a__
120
19
y4
28%
715
25%
46
275
Last
STOCKS—
:•
tl,
'
^\
^ ■ '•>.
<
MAY
460
25
25
10
SI.50
preferred
I20
——
•
Acadia-Atlantic Sugar class A
5%
__
•
*
Aluminium
Co
of
Can
pfd_
47V
Corp
Bathurst
Pow
Bell
&
Telephone
Brazilian
Trac
Bhick
•
,7.
Power
•
905
24
Feb
'47
54%
May
7%
150
5% Mar
1,595
24% Mar
S,:
20%
20
20%
162%
163
753
160
»
9
100
,7.75
19
3,191
,
20
24
2,335
20%
Feb
24%
26
26 V4
1,435
24
Jan
3%
3%
.-.>277
3%
*
28 %
^
27
2%
675
25%
28 %
3,281
32%
8%
■
24Vs
405
33
.8%
2—
2% Mar
5,025
'
26%
72%
-
Feb
7
Dry Dock Co Ltd class A—,1
v.-'
-Z.
150
•H.v7
28%
7
25
7
Feb
'■
.i
7?
CanadWiCement
.,
2,
Northern
•
,
preferred
Canadian
• :
common
,9 V.
10V2
255
13%
.13
;
; V
r/ 258
40 2
9
11
20%
*'■
38%
38 V4
38%
380
Canadian Car & Foundry common—,,*
2—i
20
13'%
12%' 13%
2,550
Bronze
common—,
•:
Canadian Celanese
;
17
16%
17
76%
73%
76%
,
2-2—:38 •'
S1.00 series
25
2
y' 17% Mar
5,158
,34
Feb
40
9% Mar 'l
.
Jan
■
r
37%
325
15
1,511
58
"
33
21
445
,
17
Feb '
.»
V
33
Apr
22%
)
36
36%
.525
30
Feb
36%
common—*
26
25%
26%
26%
26%
21%
1
Power
&
Players Canada Corp
Power
—
Bakeries Ltd
Steel
———
Wares
common—
V
"'V
,,
i
Inc
pfd
•: •:
1927
"V r
f
i
r;-7
.
,
f
j:
4%
.
Vi
^ iI-*
•
'*
.
22
265
20
Feb
13
4,495
165
5
98
98
100
27%
10
•'
15
1,430
11%
15
May
i
15% Mar
18
Jan
(
24 %
Jan
52"a
■
•
•
'7%
-•
30 %
t
'
46
•
•
51
16%
13
•
16"a
13
•''
\(
^
:
J
~
9*
24Vz "y 24%
£1
?
>7
Industrial Accep Coip class A__
••
37; -:36%
4 V\ 7V
preferred
100 '<
y_"•'87V2'
57V
preferred ;
—__100
^1.
1
101
u.~
.
:
46'
51%
Mar.
.
»
'
10%
common
26% Mar i
33%
13
505
10
Mar
14
Apr
12 V2
585
10
Mar
3
13Vs
Apr
25
25
25'%
185
20'/a May
>
30
Jan
International
Petroleum
Power
17%
16%
17%
13,729
12% Mar
18%
Apr
■
International Utiltiies Corp
A,
13
13%
200
Feb
13 %
Apr
109
107
110
110%
Apr
31
25
V'
Pacific Railway
•
,
Cockshutt
Plow
Consolidated
Consumers
Mining
*
<te
Smelting2
Glass
Crown Cork & Seal Co—
For footnotes see page 42.
.'—5
•
^—,—*
.
35 %
35%
33
,
2,207
28
Jan
67V
May
Apr
|
preferred
25
—
International Nickel of Canada
International
-.,',4
$4.00
Paper
common
preferred
33
,
V.
Apr
1
Feb;!
Apr
Jan
•
51% May
Mar
Jan
1
167/s May
Jan'
14
12
8
33 ».
48
,
Jan
14
U
24%'Maf.'
935
25
200
6%
Jan
'-'500
29%
3787'/a
101
25 V*
"
Feb
7
25
.
;^1 200
:
87 % May'
101
,jJ
7
,
Jan
Feh
38%
Jai\.
Apr
92
Jan
102
,
--'150
11
Jap.
1
350
9%
—
*
22
'
34%
35
58%
63%
103
34%
—15
22
V
21
63
•
13%
103
" 13%
•
48
48
——__
2,900
Co
Ltd
_i_—
91% Mar
•
_5
_v
;
v
,
11
Feb
Mar
27
*
29% Mar
Jamaica
Public
;:-32
Mar
38%
Jan
Labatt Limited
15
33
Mar
36 Vz
Apr
Lake
of
the
Service
Ltd
(John)
Woods
common;—
'
4
*
Jz.1 '■
—
28
H' I3'y
"'24%
'
28
-•
35
Jan
Apl
63 Vs May
12,319
46
Mar
6
95
Mar
8.661
11
Mar
15%
Jan
260
39
Mar
52
Apr
14
49
10% Mar
11 %
13
f
Jan
13
103
175
11%
24%
15
23
28 %
217
27
May
12%; Jan
',
120
36
*■
10
,
5
:
2,220
'
25
Jan
Jan
V 5,675
16%
13 %
v.- v;v
Locomotive
Canadian
43%
2,375
52%
15%
Mar
44
25
Jan
k
Bronze
12
—■——2,
Canadian
'
f
16%
Feb
23 %
1,200
'-
V
Jan
Jan
•
6%
j425
8
Jan
Jan
4
.
Mar
50
13
*
33
20
108
Feb
14
loo
;■
Feb
2% Mar
110
15'/4
t VV:-;-
•
Apr
18%
.
480
52%
15
•
.
15%
Mar
102
165
450
;
Jan
19
330
103
3%
a-
—
Apr
Jan
•
50
*
1.50
Apr
Jan
3%
.••> •'rv VV',
:•
1
Jan
28%
19
20
19%
15
Jan
Apr
Jan
17
102%
•
Jan
1.00
13%
16% Mar
90
15
105
25%
3,215
•
167
Jan
14% Mar
24
:
Feb
Mar
98
173
-
B
11
165 1
V
115
17%
20
'
May
'525
17
—
22
ltf
23
preferred;
67V*preferred
Jan
Jan
May
26% May
*
^
l8'/s
27
■
24
100
'
34
Feb
Mar
225
V'-.'
17%
_,
'-,V:<
Jan
14
23
14 Va
V
,* : ~ 32 %
50 1 1
v-_
preferred —
Hudson Bay Mining & Smelting.—.,_* Vv 51%
\
32%
Jan
,25
30
36% May
-
27%
1
$2
12%
/
Apr
22 % Mar
*
•
common
preferred V—jV
U 31
.
Apr
55
12%
^
•
Co of Can
12 %
28
Jan
12%
22
•
•
•
•
Heating Prod
__25 ; ■
28
2
—♦ Vf-'v:
28
10%
21
165
23Va-
.*
12
Foreign Investment
Ind Alcohol class A
Canadian
Class
;'
:
Jan
—,——100
preferred,. 100
International
Canadian
■
67V preferred
28
1.00
International
Canadian Cottons
Feb
Feb
;
18 Va
.:' •,
.76% May |
21
■
23
OH Ltd—
——'*
Imperial Tobacco of Canada common_5
Jan s>
35% Mar T
170
22.
Mar
100
Imperial
Apr
13%
27
15
Hamilton Bridge
-j
Jan
Jan
Apr
27
—
Howard Smith Paper common
Jan
23 Vs
i-
20
9%
,4,325
?
;
'
—•
common
22
13%
40%
f
Feb
34
;
Feb
Jan
11
Mar
Mar1.
35% Mar
300
40
21 Vs
Canadian
28%
16
17%
Gypsum Lime & Alabastlne—
Apr
20% May
Jan ;
165
34
—
Goodyear Tire 4%
May
14Vs Mar "
1,370
19%
18
General
27
2,112
19
1.00
Gatineau
'
13
u__50
_2:
Breweries
SI.75. series
:
20%
27%' 28 V4
27V2
4-4'-VX:'?
.Class A
:
19%
100 >;
Corp—
*
,
»
5'/*
i
Power
Canada Steamship
r,-
—20%
common
$1.36 preferred—
Canada
.
32%
15%
',
•
Feb
18
Jan
8%
27
1.00
57V
33
7%. Feb
1,010
16%
'
Burrard
31%
15%
General
2%
303a
——
Foundation
•
Feb
30%
19%
—*
28% May
'
21
16% Mar
—
common
Paper 4%7<?
Paper
Apr
>
2,125
17%
Famous
Apr
Jan
4
27 ;
Feb
2'/8 Mar *
20
20
25
Enamel
26% May
17
High
,10
Eddy Paper Co class A preferred—_20
Corp
1
Mar
22%
i
Low
High
10
•
Chemical
Textile
Electrolux
Jan
18Vs
&
East Kootenay
Jan
11
( V
Range Since January 1
19%
20
preferred
Dryden
Jan
168%
v
Apr
7%
Jan
22
Mar
Tar
Donnacona
Apr
17% Mar
520 V
.7%
•
Shares
10
common
preferred
Dominion
Feb
728
Low
.
-•
Voting trust certificates,.
Red
preferred
i.
Apr
49
1%
Dominion
Apr
25%
7
for Week
of Prices
)93/4
preferred—V——25
Dominion Steel & Coal class B—
Api
22%
_—
'
56%
,
Sales
Range
Sale Price
'
Jan
9
26%
-25
BUiiding Products
Dominion Glass
Feb
18%
•
common
'V
Feb
43
7 163
—
Mills
'•'
195.
7
47
w
100%
7% Mar
26% 7727
26%.
.
6
Silk
Jan
33 % Mar
745
25
47
7%:
*
British Columbia Forest Products
British Col Power Corp Class A—
Class
53%
6%
•
Oil
1,701
24%
100
preferred
conv
54
47
Pap class A,
American
3% TV
52
52%
25
Ltd
Light &
Jan
Feb
100
V
55
~25
■
British
•
/*:'■
_
Mines
19
16%
75
:-'7.27:"
'8
51%
—i*.
Bralorne
Apr
■
Argus
Asbestos
20Vs
8
53 7
-
3,215
17% Mar
Feb
—*
Foundries & Steel
Dominion
Jan
18
80
___
Anglo Can Tel Co 4%% pfd
Corp Ltd common.
17%
Jan
27%
Mar
25
Apr
May
11
*
B
Bridge
Dominion Coal 6%
;
12% Mar
100% 100%
7.!.'
*
Ltd
Aluminum
''.'V
—
Algoma Steel
Higtt
-
100
Agnew-Surpass Shoe
Low
29%
46
"
class
Seagrams
Dominion
5,317
20%
17%
18
_
preferred
Range Since January l
,
17%
20 Vs
20%
Davis Leather Co Ltd
Distillers
High
16%
17
com-*——
7
Shares
Low
»
■
Abitibi Power & Paper
:
of Prices
Par
■$,
v
-
A
Par
Sales
Feb
May
8% Mar
Week's
Last
STOCKS—»
for Week
Apr
7
>
Range
Sale Price
,-^v >
;
W'eek's -:
V
Friday
2234
46
8V2
.25 '
Exchange
Canadian Funds
2—
a—
Mar
46
28
i
(U11.10
.Friday
Montreal Stock
a
8%
v28%
iUn)____12%.
Corp
W)
50
22 Vi
69%
MARKETS
RANGE FOR WEEK ENDED
V
(F
69%
22%
a
pv
Preferred
LISTED
CANADIAN
_100
0
2
Yellow Cab Co com.__1
22%
97
RR pfd____l_
Telegraph (Un)
-v
Westinghouse
Railway Equip & Realty Co Ltd—Preferred
—,—100
Rayonier Incorp com——1
Preferred
1
Pacific
Western
a?
Radio
Mar"1
Mar
«
14
25
*
Feb"
;.-
Jan
»
Jan
32%
Jan
;
38
COMMERCIAL
THE
(2062)
&. FINANCIAL' CHRONICLE
CANADIAN
gANGE
for Week
of Prices
Par
'
<
Sales
Ran ye
Last
ENDED MAY J
Low
Last
Shares
High
Low
—50
Range Since January 1
Low
High
16% Mar
20% May
David St Frere Llmitee class
13%
75
13% Mar
17%
Jan
Dominion
High
_*
12
12
30
12
12
Jan
32
15
30
Feb
32
41
260
33%
Feb
41
Apr
37
Dominion Oilcloth As Linoleum Co..
Donnacona
30
37
37%
565
33
Feb
39
Mar
22
25
20%
20'/a
Shares
40
A
20%
13%
•
A)
for Week
Low
Par
High
Sales
Range
of Prices
Sale Price
STOCKS—
Range Since January 1
-—3
(John
Sons Ltd
k
Lang
Week's
Friday
Week's
Friday
Sale Price
STOCKS—
MARKETS
LISTED
FOR WEEK
Monday, May 10, 1948
21%
22
3,483
20
Jan
23%
27
May
Jan
'
Secord
Laura
Lindsay (CW) common
——
MacMlllan Export class A
Class
•
200
9
Feb
7%
7
7%
1,725
5
Mar
7%
Jan
•
19%
18%
19%
1,193
16
Mar
19%
Apr
McColl-Frontenac
Mitchell
•
14%
14
14%
*314
—
20%
21%
110
11
Feb
21 % May
•
Oil
36
35
36
265
34
Feb
37%
*
17
common
•
(Robert)
MoJsoa
Ltd
Breweries
Montreal
Locomotive
Montreal
Telegraph*
Montreal
Tramways
National
1%
Works
•
Ottawa
Mines Ltd
Electric
L H <fe
Ford Motor Co of Canada
48
35'/$
37
120
30
Apr
40
1,175
37
Mar
45
23%
—
23
49%
*
'
Apr
11%
Jan
2,568
18
Mar
23% May
Hubbard
24'A
141
24
Feb
25%
International Paints
.50%
17
4,741
Apr
Jan
18
Jan
50
40
51%
28
16
215
17
40
38
18
18
Mar
25
Felt
>i Penmans
*
Ltd
35%
35%
36
1
Tubes
Price
66%
21%
21%
694
18%
Jan
42%
40
42%
1,140
37
Feb
•
15%
15%
16
2,932
11
Feb
•
Corp of Canada
6
Bros
4%
Co
Ltd
common
61%
60%
61%
3,050
0%
Loblaw
Quebec
•
Rolland
4%
Paper common
preferred
«
Series
A
Sherwin
7 lU
4%
prefeired
Williams
Of
preferred
Can
(Alrred)
13%
101
768
'*
15% Mar
17%
24%
75
26
11%
11%
14
151
151
102 '
Mar
132
130
210
109
1,036
20
46%
46%
46%
1.230
44*% Mar
27
27
631
22
95
144
'
5
Jan
12
13
45
8%
Apr
14%
27%
27%
40
27%
Jan
28
7%
7%
207
7
Mar
8%
Jan
52
7
52
Mar
52%
Jan
9
Jan
20
-.
7%
50
Voting
Simon
(H)
*
&
Sons
—*
-
(4 Mar
Jan
r-
Feb-
150
—*
common
•7
7
77%
75%
80
2T
Co.—_*
Teleg &r Tel'7%'
cum
Mn'ofisuia
1.—
Ontario
&
;/S'r
—
253
; 81
255
7%
75
}l;.\
8
;/•
8
Feb
United Steel Corp
Biscuit
Walker
Ltd
5£
_•
1
♦
common-——
Limited
5%
100
common
6%
13%
:>.:'V;V:..25
V 13% May
13%
Corp of Camtdh 6%
Kiiks—
I
Mar
81
May
7
Jan
7%
;
—
j>^
t
5% Mar
8
May
Commerce
Mar
8
101
Feb
101
6ft% Mar
82
___
Scotia'
&
4,578
Mar
3
27
28%
20%
96
175 :3 v:
^
Mar
20% Feb
15
98
38%
22%
25%
25'A
.
.
25%
*•••
Jan
22%
Mar
111
Feb
14% Mar
-•-25
V Jan
17%
.■■'.-u'-. v 250 V;V
18
'
10%
10 %
28%
35
35
25
35%
23
"
13 y4
-
»• •• y'' i
Bordulac
B6uzan
;
••
vv:;- 90
^
20
:i
S
50c
28
Jan
Mar
37%
Feb
25%
J«n
38
Feb
<35
Apr
21
May
17
>
30Jt-^-225-
Mar
v Apr
8%
50G-
V
a-
5,000
: i2c
-
17c
22c
40c
..^.1
4er
4<r.
4P
V
4c
-
9 V2c Mar
'
Mar
35c
•
Central
Mines
Manitoba
Ltd
STOCKS—
Consolidated Beattie
Consol
38c
35c
Acme
Glove Works Ltd
*
Atlas Steel Limited
9%
934
8c
lie
12,500
U'65C
74c
V: 8,200
17C
18c
5c
6c
9%c
9%c
"10c
70c
70c
70c
20
20%
22%
26
Ltd_'^_._2
Mines
Central-Cadillac
Red
Mines Ltd
Lake
1
17c
1
,
—.—1
Ltd
Mines
Dome
1
•
<
•
*
24 v2
11%
5%
5%
Power & Paper Co Ltd B_—•
Belgium Glove & Hos Co of Can Ltd—*
Brand
&
Brewers
Millen
&
Ltd
:
9c
-V
Brown
10c
•*
70c
500
Burns
&
Co
Ltd
class
A
12%
Jan
Found
Mar
6%
Jan
Goldvue
9 %
Jan
Heva
1.00
Jan
Hollinger Cons Gold Mines Ltd
Apr
16%
Jan
Hudson-Rand
Apr
12%
Jan
12%
52
11%
7y2
387
l~15
114%
116
145
1
5
4%
5
Zfc 7,150
101%
97 101%
1,405
preferred
Gold
•
40c
Jan ;
Mar
.
Mines
Gold
<
*
'
25
.
25
13%
'I
-
May
27c
V
-
May H
;; 23 % Mar
p
Feb
"
:
Mar
8%c
Feb
1.65 Mar
3.50
Jan
1.31
Feb r
5c
400
1.00
1.15
37,000
55c
Mar
12,000
12c
Mar
23%c
Feb
6,900
7cf
Mar
20c
Jan
1.10
10c
1
;
—
1
v
.i.—.:—...
1
,<
Ltd—
Mines
Ltd.^
Ltd
Mines
3C
'
1,000
lie
V-4CV
3c
Gold
V-
3c
Mar
lie
Mar
*
Mar
lOff
173,000
...
25
4% Mar
74
117
Apr
6%
Lingman
Lake
Gold
9.75
425
5c
69 %c
48C
V'VV,j
7 :
.
80C
Jan
Lingside
Mines
15,000
•:
9 -if
6 Vic Mar
•-918
5c
83c
39,800
50c
Feb
2,000
25c
16C
V
12
>'
Apr
40c
24c
::
r :
Apr
Mar
5c
>
Jan
Louvicourt Goldfields
May
25
May
Macdonald Mines Ltd
6C
7c
3,000
4c
Jan
';
l\
Feb
I
Jan
7'11c
Jan
83c
May
V
49c
Feb
50c
Feb
13%
73c
U 47.300
42c
Feb
98c
1.15
32,900
55c
Mar
1.00
l.oO
1.00
9,400
92c
1,500
88c
Mar
__
66c
>
'
Feb
1.45
Apr
V.;
—1
8c
Mar
1.00
—,
-
Mar
63c
Ltd
Gold
Mar
30c
600
38C
38c
■
1
Ltd
108
...1
Ltd
Mines
% Mar
11%
1,200
9.50
1
x-.—
25
25
•
Feb
3 % Mar
28 V
137/8
14c
7% May
18
1
19c
14c
i
Joliet-Quebec Mines Ltd
17c
9.50
1
Ltd.——
Mines
-
v; 17c
5
International Uranium Mining
1
10c
70c
..
Mar
17 %c Mar
Jan
6c
Formaque Gold Mines Ltd.—..——. —1
Mar
71/4
Butterfly Hosiery Co Ltd—
Mar
7%
—100
1
10
Lake
;
9c:' Feb
May
80 v '•20
39,000
V
May
22c
Mar
6%c Apr
4,000
<.
74c
Mar
5c
•
Jan
Jan
2.58
1
4
12%
common
Feb
10c
11c
•
Apr
18c 21 %C
—I
10
14
Pulp & Paper com—*
Company
Ltd
Mines Ltd
200
50
*
Preferred
Mines
1
—
208
14
•/'
Ltd
1,455
14
5
Feb
'
V 1,000
Vancouver
Feb
56c
68c 7 Feb
9,680 1
4,500
High
;:f
Jan
50c
Class B
Columbia
9
45c
*
British Columbia Packers Ltd cl A——*
British
v
9%
of
Distillers
50
5c
6c
6c
Mines
Gold
Eldona
Range Since January 1
:;V LOW
8
cj«|s A
Sullivan
El Sol Gold
11%
—
Bathurst
,
East
'
Mary
2.50
Duvuy Gold Mines Ltd
Shares
9*%
11%
*
.
r
High
*
!i;*'
7%c May
2,000 'J
7%C
10 %C
Explorations Ltd~,~—I
Dickenson
for Week
of Prices
Low
56c
Mar
30c
V
>8.000
:
1
t:..
Denison Nickel Mines Ltd—l—il-,
Sales
Range
Sale Price
Par
Apr
>5 %C Feb
3%c Ma-r-
500
1
:
Century Mining Corp Ltd
Dulama Gold Mines Ltd......
Week's
Last
; 30C
Jan
May
5,000, - •<i."4c';'-;yJanf*
'
Friday
,12b'-'Jan
^
*
Canadian Funds
'
^
>aV2eJan
V
V- Z-ZVj*. May
22c
Jan
vv
Apr
Mai*
-;40o
Feb
11% May
2 %e May
■■■
May
.V.75e
Mar
'
'ylOc
'-4,000
^
3c,
i'2e"
"
160,100
•
40c
40c
~
68,900"
29c
^%d-
-3%C
Ltd....—
Candego Gold Mines.—
Montreal Curb Market
v
' "Apr
30'
Mar
& 2c
40.
17%c 22 %c- '147,500 * '
2%c
Ltd..
'
-•>
V;-v lc'
21c
,.<!•
14 %c
V 28V2c
Mines
3%c
3%c
*
Ltd.—
Ltd—————S-t
Mines
Jan
20
-.
V
.
Mar
9-
273
21
■■
Jan
27 % Mar
16
11%
48
-.Jan
n*
L <'■
Gold
Mar
V; 23
V V 17
•
25
50c
-
:
V41e
•
Anr
?o
•25.-;
17%
30
Vjan
115
'.Feb;
14% Mar
A*
-
•
Mines
Gold
Jan
^18%y$pr
Feb
V 37e
•
:: v, '50
21
,
17%
-
104 1
30
13,950
V
20
17%
20
Ltd—.1
Mines
Mines
Apr
k.
v-V'-
Mining Corp
Gold
Apr
6%
18
Feb
'
*
10%
;'
17 V'Uan
Jan
Feb
35
25
Jan
•-...'vr
23 % Mar
1,478
'41C
%
21
21
1.1. *
Bobt»s Lake Gold
Feb
2l% Apr
141
24%
115.;-Vy.-:
•39c
20
■'
BonvWe
21% Jan
v
Jan
May
IGV2
-j
Feb
V
■ioojs
17%. :i; 395
.115
Beaufleu Yellowknife Mines Ltd-.l.ait
May:
Cortes-
;
10%
20-
Jan
4%
20
125
5%-"
& -17 ;:v<d7-v-
8ecttritter«tf?££i00
Metals
B»se
' Apr
98
25
1,255
35
35%
168
V,
Alger Gold Mines Ltd _.I
Arno Mines Ltd i.l.V.i——•
Jan
27
•:
20.% Mar
145
■
25
35%
so
17" 8
Mtaiil liwki—
38% May
Feb
27% Apgi
75-
r
.
...10
10
108 109%
5%. Mar
525
,
.
'
28% May
34% Apr
-
2
26
_____
Mar
•-
__
Windsor Hotel Ltrf -1————-
28%
—10
Toronto
13
40c
Western-©nriW-J
Apr
21
22%
_
75
Stored
United
29% Apr
26% Jan
10
Royal
14
A.-.iiii.'i''. 1
Feb
19
.
May
V;
8%
,
1
.
Apr
'
22% Mar
24"
1
—_i—10
Montreal
Nova
5
10
125
20%
—
May
19
17%
•Jnveii--
Bouscadlllac
10
'
,; 13%
loO
Unite4:Corporation#• class7•«
Unitedr Disti1Jrr#*of C«tiiidla" ttd_'V 1—V 0
Jan
450
28 %
—
Jan
20
pfd_'__20-
•
'v'viViV.fI
*
Canadienne
25
Apr
10%
19
•
Thrift
72
'
Apr
75%
8%
108
Ltd___3*
red
Russen-todbStrfes'Lttf.:..—_
Apr
1,290
.
25%
v-
13
100
Stoweii'Screwa Co^Xtd'class
80
Jan
19
V
1st pfd.. 100
Southmont
19%
.
Feb
Jan
8%
_*
Southern»eajaftdSiFnVpftfiLimlOO
25%
a. $
: 98
38%
,
*.-36
27 &V?
27
Feb
65%
9% Mar'
Apr
Jan
60
78 %
25-VvV
—V
preferred
V
—1_
preferred
20
2,095
Apr
5%
13%
Feb
35
Jan
25%
26
12%
Jan
94
4% Mar
75
vv.-;..: 212
V;;VPy 110
Apr
%
19
Feb
10
W%
24
•
Apr
74
.7%
29
•
28%
93
■
Jan
28'A
—1— *
preferred
ZeUers
: 28%
•'
1*
.
Winnipeg Electric
>
Worts——
78%
Mar
25%
Rand SerrtOb-fftoiT^tCOTaida)
Apr
625
101
101
78%
Jan
25
'9%
Quebec Pulp & Paper 7Vo pfd
Quebec Tel Corp
Ai-
;
i
67
25
7%
7%
—
*
_
(Gear common
Wiisils
7%
-
preferred-——100
Gooderham- &
Weston
•
;
5%
Wabasso Cotton
20%
V;
225
:
Jan
-
14
19 % May
.
225
:
);43!:
Mar
10% Mar
,;•
24%
westeeL
Viau
36
85
100
73%
Feb
r
16%
80%
8
Jan
\
i'
23
Jan
25%
Manufacturing Co Ltd com____»
Paul Service Stores Ltd
•
Power
10%
16 % May
73%
Ltd.^^—
Co
Grocers
Feb
31
Jan
5
Orange Crush Ltd_l^____i—
Apr
12%
170
•
13%
Ltd—
Mills
Jan
Jan
29% May
• V
Paper Co
Royal
Jan
5
•u
'■
5%
13
13
•
Faton
Apr
15%
475
41
-
'.-°5%
110
Corporation Ltd
Mount
Rice
.
Lid common^....*
preferred
5% Mar
315
2.231
78
**
10,505
Melchers Distilleries
"
7%
25
16
94
Jan
■
15
11 % Mar
70
$■:'
18
..
25
13%
15%
—*
Jan
15
■•
22
21
Mar
75
6%
7
^
10%
29%
93
<
'
-
9
94
National
Jan
Jan
s
-
29%
pfd.100
Apr
21%
Mar
12
2,110
'
Tooke Brothers
City
15
•
14%
17%
■
•
•
common—
Steel Co of Canada
T% preferred
Twin
14%
O 14%
common—22
Southern Canada Power
Standard Chemical
15
# V' 14%
common—
certificates——
trust
52
.
A—*
Rettmtfn-si teirn)V
Sicks Breweries
:
:
;;
Jan
155
21%
148% 148%
25
class
Ltd
i
Jan
16%
May
127
—
5
McColl-Frontenac Oil 4%
May
21%
•
5
V-
Feb
102
Jan
10% Mar
5
43%
May
i
I
Mar
100
19
Jan
9
28%
'«•
Mar
12 >
C
Feb
41
28%
Jan
101
10
50
16
\
May
100
5
.
102
102
Apr
50 % May
2
(Walter m)
Moore
1
*eb
13
26
Feb
42%
1,720
19 %
17
Apr
40c
Mar
%v". 155
*
__
Co
MacLAr^rr'Power & Paper
I.
Jan
26%
Jan
15c
9
•
5'
3%
43
13
Jan
Jan
May
18%
19%
Jan
2% Mar
21
Jan
101
9
preferred
Jan
Feb
May
1,247
40%
13%
*
lnt
Groceterias
\
18%
common..*
68
127
100
55%
55
101
May
2Va
49
43
__...
54% Mar
21%
—•_*
com
.
54
'w
41
98%
151'
50
100
19%
10%
11%
1,635
20c
•
pfd———10
Massey-Harris Co Ltd 6%% cv pfd_20
93% Mar
102
•
100
St Lawrence Paper 6% pfd
10o
Shawinigan Water & Power com—*
25%
20c
Maple Leaf Milling Co Ltd—
50
101
Lawrence Corp Ltd com—
St Lawrence Flour Mills 7% pfd
25%
13
Maritime
50
•
8t
19.275
Ltd ci A—•
(Can)
<
96
*
—.——100
preferred—100
2%
5
*
12
v
25 ';
—
—
Saguenay Power 4 % %
66% May
22
Mar'
16%
16%
Power
2%
28
Mar
18%
—
42% May
16'A Apr
95
12
Regent Knitting $1.60 preferred
63
118
>
£
May
12
95
•
Transport
2%
':>•
*
Ltd
Co
convertible
cum
Lambert
26
13%
100
preferred
Provincial
Mar
65
Co.
15
*
...r.—
cumulative preferred
5%
Jan
36
21%
Development
River
Power
Feb
29
250
•
common
Placer
Powell
101
80c
36% Mar
—.—*
Ltd com
Inc
Investment'Foundation Ltd
40% Mar
Feb
LaSalle
•Lowney Co Ltd
Page-Hersey
50
101
class A.
preferred i
de
18%
Jan
15%
581
18%,
Mar
43
Jan
24% Mar
1,548
26%
Class A
Hotel
Jan
*
Great Lakes Paper Co
45%
26
*
Jan
41% Mar
10% Mar
49%
•
common
Apr
35
—
•
Jan
470
•
—
*
*
Rwys
Power
-
40%
43
11%
23%
-
200
' 42
Foreign Power Sec Corp common.
—1
Fraser Companies
39
Ontario Steel Products
Ottawa
17% May
Apr
43
Flour Mills common
95c
42
V. 25%
Mar
*
71.
28.
95c
42
—
14
*
Corp
Niagara Wire Weaving
Aircraft..
47
5
Car
Mfg &
955
•
Steel
Fleet
100
' 11
23
^
27
—5
17%
—
25
National
.100
Candy Shops Inc.. j—1
Federal Grain Co 6%% red pfd— .100
Fanny Farmer
Jan
.
'J..- f--y
pfd
Ltd—_—
47%
V 39%
Breweries common
.
7^
East Kootenay Pr
Lau child Aircraft
16%
35%
Drug & Chemical pfd
'
•
rj
•
14% May
9% Mar
Paper Co Ltd
47%
100
preferred
Ogilvie
,
9%
40
National
Noranda
9%
Works Ltd.
Engineering
Jan
10%
9%
•
B
Massey-Harrls
'
Jan
Jan
{
;: 11.90 Jan
Apr
•
Nechi
Canada St Dominion Sugar—
Canada Malting Co Ltd
Canada
Canada
Packers
Ltd
class
Vinegars Ltd
•%:
j
18
44
44%
15%
*
18% Mar
25
Jan
34
May
34
May
Pitt
8% Mar
V15
Apr
19% Mar
10
May
Quebec
140
22
25
15%
25
485
,
74%
195
2%
1.75
12%
25
31*
34
146%
M47
4%
4%
45
45
;•
4
V
'■
r
:
45
Labrador
/
Wines
Ltd
Z-
*
Claude Neon Gen Adv,common
*
Preferred
13.
-
13
J —'
27%
■.
40c
Ltd
common
preferred
*
5-
Consolidated Bakeries of Canada Ltd.*
Consolidated Div Standard Sec cl A—*
•
—
Consolidated Lithograph
Consolidated
Paper
Consolidated
Textile
Mfg Co Ltd.*
Corp Ltd
«
Mills
Ltd
5%
preferred
Cub Aircraft Corp Ltd:
For footnotes see-page 42.
com
•
20
_*
5%
Jan
74% May
'•
1
__
Gold
Ltd—,
Mines
lli'*
4
Jan
;
Santiago Mines Ltd
Apr
<
Sherritt-Gordon -Mines
Jan
*
i
Apr
it*
2V4
2.00
.13
20% Mar
3%
34 y2
Feb
4
__iiiUi-50c
_
%
Siscoe
Gold
Mines
Sladen-Malartic
Ltd
I
<
H%e
•
57c
Mar
19c
Feb
6c
Mines
Ltd-
12 %e
25,500
'
74,200
•
13c 14 %e
V
•
1.09
1.09
-
2.85
"
3.10
■'
3.15
-
,
Mines
(1944)
12
Mar
14
Jan
|
Vinray
25
26
Feb
28
Jan
\
Waite Amulet
Apr
Mines
Ltd
...
Ltd__W—
50c
r
-J
(y
:><
9c
Feb
Jan
1,107
7
4%
5%
14,240
7
200
13
25
■>'
25
7% Mar
30c
Apr
46% Apr
-10
•
Sullivan
May;:V:'.
•50c
v
1.01 Mar
-3on
22.850
>,
Mav
;
v
16e
"•''
36c
36c
1,000
•---'
■-V ->
Jan
Jan
3.25
•'
:
1
May '
J«tn
8c
Feb
13c
58c
50c
Mar
>67C
-7c
7C
•V 1,000
7c
Mar
1.40
2.300
99c
Mar
;
Apr
Mines Ltd...
Cons
-.1
;
Malartic
.
'»'__v -7-1', 6d
»-
2,000 'V
•
6,314 ;
6c
6c
—'2,500
V,'4c
4%c
8,000
7.00
7.00
7.00
450
2.40
2.44
\29c
28 %c
30c
5.90
6.10
1,100
3.75
Jan
lie, Jail:
Feb
20 %c
23c
41,000
12%c
Feb
52c
100
38c
Feb
-
'»*'
1
Ltd
Mines
1.35
-11-
Mines
•
r
'
——
Mar
v
1
Feb
5% May ;:r
6%
Apr
7
33
13
35c
Jan
m
Co Ltcb
4.75
9c
'
[
Calgary & Edmonton
Consolidated
#-
British Dominion Oil & Dev Corp...
1.500
V
*
Ltd
Corp
Homestead
Oil.
.
6.10
*
22c
;
'
May
Mar
15%
45c
DalhOusie
Jan
Oil
Co Ltd
—
.V
j*
1
■■
fz;?
•
45c
7,000
y
*
Jan
33c
Apr
.;; 6.25 Apr
124c
Apr
52c' Apr
•
;
-
.V'-'
.
.*
*
16
100
2o
15,163
16
15
16 V»
1,845
9
Feb
16
17
105
16
May
17%
Jan
60c
60c
2,600
55c
Mar
95c
Jan
14
16
Apr
20
Jan
25
14% Mar
20
16%
Home
May
New
•
16% May
Oil
Okalta
Oils
;
Royalite
Ltd.
Oil
Co
______
_
Ltd
—
-7T
Ltd
^<1
8c
»
:
••
.—
3,200
1.25
5.25
Feb
9,700
17c
1.70
1,300
95c
7C
8c
15,500
7c
18%
125
1.95 Mar
Jan
6.945
1.69
8.70
•
Exploration
1.72
8.75
19 %c
-1.59
*
Ltd
Pacalta Oils
Omnitrans
' '
Co
8.00
I8V0C
1.69
Gaspe Oil Ventures Ltd
Feb
Mar
.*•
"'.'18
16
8.75 May
.
32 %c
Apr
Mar
Mar
Feb
.
-•
-
«
Feb
25
.
s*
"1 2.43 Apr;
1.60 Mar
19c
.
Jan
Feb
*
1
V
2,08 Jan
Mar
4c
...
Anglo-Canadian Oil
3%
'
'10»/2C Jan
■
.
,
Apr
1 55c
■
fj
Apr
30c
36c
Apr
35c
• -
Jan
l'. 15
1.35
57c
:j
35c
-1,500
•
'
•
.■
*'
Jan
15c
17 %e May
1.45 Mar
Oil Slocks—
'Jan
50
?
.
-'65c
•;
%
10
';
Jan
JvS9c
11 %c Mar
6,600
.
50c
•
10%c :10 %e
;
._.*
■
Standard Gold
<
;
-1
—.
Stadacona
•1,000
47
35c
;
j
V-'7%c Jan
Apr
10c
-148,200
15c
13c :
Soma-Duvernay Gold Mines Ltd....
16
60c
:
...1
1
y::{
-45-
27%
"
Apr
2.17 Jan
-
'
" i
V" f
Apr
25
__
1
ii—
Apr
i8y8
_1.'
500
12c
.50c
Ltd
Apr
147
Apr
1934
_
4%c Mar
2,500
31c
;-7
12%C
513C
Sheep Creek Gold Mines Ltd
Apr
Mar
40c
:
^•l
——
35
Feb
Feb
40c
35c
Jan
5c
500
5c
66c
:
>
Mar
130
25
35c
13
"
-
;5d
..
66c
Quebee Yellowknife Gold Mines Ltd.-_1
38
■
■
.10
6%
Jan
1.41 May
V- 2.29
1.55 Mar
1.50 Mar
'
i
'
6c
6C
3,400
-2,400
:
"
Jar»
Mar
10
5,955
47
: :
100
Alcohols
13
-.
-V.
66c
5c
1
.
_
Thurbois Mines
l
common
2.00
"~V
1
...
—i
Development
Quebec Manganese Mines J_—
15% May
24%
1.50 Mar
605
'V'V.s
.'
Mining Co Ltd..
1.41
2.25
1-90
2.20
Pandora Cadallic Gold Mines Ltd—.
Gold
1.31
2.15
v.
,
-1
Ltd..
8
178
12%
-1
Ltd
Mines
2
1.45
2,668
1.50
.
61%
400
33
2
1.50
3%
30
2%
Mines
Mining Corp Ltd.
Gold
'
'
70
—
1
1.18
Jan
100
"
-
15V8
Ltd common
—;Vv
31"
!.1% preferred
100 V'j:
Canadian Western Lumber Co
2
4%
•Canadian Westinghouse Co LtcL—,45
.
12%
3%
Co.—.100
iCatelli Food Products Ltd common-—*
,
10% Mar
10
Canadian VIckers
Preferred
15
74%
Candn. Power & Paper Inv Ltd com..*
5% cum preferred
•
87o
O'Brien
34
•
common
Canadian Marconi Co
^
Normetal
Jan
Rochette
Canadian Inter Inv Trust
Canadian Light & Power
Commercial
New Calumet
Jan
18
22%
21 y2
•
i
Jan
50
34
•
18%
Apr
15 % Mar
22 y4
21%
Canadian Ingersol Rand Co Ltd
Chateau-Gal
Feb
44
11%
34
'
^
--_»_—
.Cassidy.'s Limited
15 ya
Dredging...——l.—i..
50
<
' 9%
22 %
<
1*
Products Ltd common-*
Canadian Industries common.:
?
421
115
.
11%
-
-
Class A
17y4
153A
__
—
Canadian Dredge & Dock Co Ltd
Canadian Fairbanks-Morse Co
Canadian Food
17%
»
B_„
■
Cons
!
'
Apr
1.7S
Apr
16c
"19
Feb
Apr
,
4
Volume
Number 4697
167
THE COMMERCIAL. &
FINANCIAL CHRONICLE
CANADIAN LISTED MARKETS
.
Toronto Stock
Canadian
17%
&
17%
Oil-
1
2,240
20%
17%.
S.
-
81/4
;
—1
Pacific. Cons
',8%
/
Alger
Gold
Algcma
Aluminium
Aluminum
Ltd
Co
Anglo
Canada
75c
2,700
65c
7,065
15 %e
4c
9,000
Yellowknlfe.
Gil
*
Anglo-Huronian
Anglo
Rouyn
Apex
Coils
Aquarius
Mines
Area Mines
2.60
8.50
52c
50c
;
6c
12c
12c
;
6%1
—'—Li
Hardware
Ashley
Gold &
i Astoria Quebec
Athona
Atlas
:
i—l.
class
A_.
Aubelle
Auto
1
.
Bear
7%c-
"
•
class
ioc
8%c
Nova
3.50
1
—
16 %c
25 %
-*
Exploration & Radium
-1
,
1
13 %c
•163
'
.
Class B
52c
40
17c
-132,200
-746
38c
18
18
/••'AT8-;
*
Ltd
' 4%
18c
21c
19
19
14C
4,
17c
._
4,'rBrewis
40C J
>
_,
9.15
41
»
Lake
American
'•
•
common
Columbia
Forest
•
Products-
Mar
•''
<
65c
;
Feb
—
Columbia Power A
/.18%
-4% Mar
- V-
.
*
Apr
5c:
27
;
;
Canadian
Apr
20
:;4%e .Apr;
T.
2R
^-1
lie
v-
33-.
12
i.
4?4
—;.__4_1 4\l;l%c
common
^•••:
20<*-
5-
/•::
10% :•/
common—^—'JzZ&k*
Convertible
Canadian Car
i
40'
—10
■
Class
Dominion
*•
"2T'
■V!*.
1
%r 22%
2%
Jan
'p
Apr
t
37c
Jan
24%
25
•20%
21%
•
12%
21 %
>
22
10
.15
—,—100
Alcohol
"A"
B _L
Canadian
Locomotive
Canadian Malartic
For footnotes see
page 42.
l7
20
.
9%
-.
28
Mar
'
May
90m
650
12%
'
—
15
201
28
15c
60c
6,600
50
'
V
-
51
Tar
20
Apr
90c
Mar
51
May
Apr
42
Mar
Mar
8c
8c
9'/2c
15%c 15 %c
17,200
7c
Mar
21c
Jan
1,500
10c
Mar
20c
Apr
26 %
Jan
1.60
Jan
'
26
115
1.20
1.21
1,000
7 %c 10 %c
66,100
17,800
15%c
17c
*
35c
East Amphi
Crest Oil
East
1
r
45c
.'
t
19%
45c
common
1.05
5c
'630
-
Apr
;vA f
f~*
39
'
T.
Apr '.V-
%'
11 ■ /--.iFeb^^^lJl
& Steel
1
Investment
Inv
26%
11%
—
com—1
pfd
30c
Feb
45c
Mar
45c
Mar
82c
Jan
51c
46,700
40c
Mar
64c
Jan
1,100
21
3,675
25
650
25
100
common
ul-—*
1
65c
Jan
23% Mar
Jan
27
Feb
Apr
50
16
Apr
19%
75
8
Apr
9%
14
34
14
May
26%
'•> 9%
26%
542
22
Mar
11%
10,540
6
Mar
24
24
100
23
Feb
4%
4%
17 %
,
16%
14
Jan
28
■''•"
25
40
Jan
11% May
1
May
4%
Feb
'
-
Apr
44%
Apr
5,609
.—13% Feb
595
21% Mar
26%
Jfcn
70
22% Mar
26%
Feb
22
25
19% Mar
22
12%;
13
323
12%'
26 J
I"'
13
25
■
■
26
V
"
-
11
350
18% Jan
May
13% Apr
Feb
10% Mar
,
„
Jan
14
72c-
80c
24,400
51c
Mar
22 %c;
24c
-
May
24
3% Mar
100
•v/
■(.• :■••'
17%
25%
22
-
'•••'
'
24 i
rf
-26c
106,900
17c
Jan
29c
19.800
26c
May
74c
Jan
5,500
5c
Mar
12c
Jan
7c
Mar
33c
26'/2c
26c
•:
/,*.
1
38c
6c<
■//'?
.
6%C
7%C '
8c
7%c
t;; -
.
*
•v
"•38c
8c
7c
42c
~t
I.—1
1.55
1
—25
-
A
2.50
•
1L500
7%c
7,000
42c
15,800
•
1.55
1.65
-2.45
7
i:-
—w20
"
1.10 Feb
••,
;
Feb
50c
Famous
13,000
Mines——
1
30
30
Jan
19
420
16
Mar
10% Jan
45c
Mar
74c
'•
Preferred
Til
119,400
55c
22c
21,300
12c
Mar
20
20
35
19% Apr
12
12
25
la
Class
70 /• Jan /-»-'•
*8044 May' ''if-
i30;/Mar
"-Jan
'>■
v
„
16% Mar
21
/
23
Mar
25%
17
Mart
21% May
10
Mar
13%
;
Jan
:
1.15 Apr
♦.55 Jtnr
3,335
3.60 Mar
-4.53 Jan
17%
16%
17%
LHO
15% Mar
42
44%
.035
34
."42%
•
6
5c
7
5c
7c
7%
8%8%
1,375
*
—*
12
2%
30
12
2%
-
-
4%c
class A—
/•;
••
,
15%' '15%
*
8
40
..
60
~
„
■
7c-May
9
Jan
./
Feb
8% Mar
8%
7% Mar
11
Apr
12 ; Apr
3% Feb
Mar
2 % Mar
5.575
Jan
25%
—*
2.09
25
26'A
••••'
180
IJ3/4
15%
Apr
21
3,100
Feb
.
.
•
;
Jan
20%
Apr
•
••;
2.00
2.09
*
19%
19%
245
-—100
-
102%
103
.-50
3%
200
i
300
2.29
1.30 Mar
Feb
/
"
common
Bakeries
General
Products
General
Steel
—:
~3
——
Mfg
Wares
class
—*
3
16
A./u-—-*
common
Preferred
Gillies Lake
Globe
Oil
Lake
18%
101
1
2% Mar
Feb
101
30
99
Apr
106%
Jan
4.65
20,227
2.90 Mar
6.30
Apr
Feb
8c
10c
12,400
57,920
Gold
7%c Apr
50c
Mar
74c
17 %c
16
Mar
25%
Jan
8
Mar
1-1%
Jan
16% J*n
14c
82c
Apr
15 y4
Feb
Goldcrest Gold
11c
Feb?-
Gold Eagle Mines
Golden Arrow
lie
77c
42,900
48c
Mar
Apr
1.00 Jan
17 %c 18 %c
13,100
11c
Apr
18 %c May
11c
lie
300
10c
Mar
4 %c
7,500
4c
Jan
10c
12c
9,600
Me
Mar
71c
<
Jan
—
17
4c
*
—1
1,950
Mines
Jbn
May
14
72c 76 %c
:
3%
16
101
8c
Jta
25
4.45
74c
Jan
110
4.55
-—1
20
10»
16
15
—1
-
Feb
Feb
15%
-
"
15%
100
23%
Apr
Apr
v;
-
Jan
7
- May103% May
Mar
W* Feb
"110
r;
18
47%
•
Mar
3'/a Mar
85
255
2,700
7%
--—100
preferred
38% May
,
r
'
Power
Feb
90
•
9,600
8%
-
20 y2 Mar
14
Jan.
-12%
*
2.00
8%
preferred
.M
Gatineau
Goldale
,
4.45
*
Giant Yellowknlfe Gold Mines
Jan
Apr
4.35
Aircraft---———,w——*
General
Jan ^ >
;;
-1.80
———*
common-
'
Apr
4.35
———10
common
—
«
Jan
20
1.95
«
.—..1
Frobisher Exploration
' /■
1.30 Feb
25c
.a
1
com.—
of Canada
J
Jam
17% Mar
Ford
;
Jan
<
— a—
A
'
11,000
Apr
Jan
lO
M*r
19c
100 103 %
Ltd
?
51C
t
30 !
6% Mar
'
"125
Kirkland
Fittings
2.50 Jan-.
995
95c
20c
>;
Preferred
Fibre Products
1.60 Ma r
9
v
\
2.00 Feb
Apr
50c
1.11
1
—_*
1
Grain
Feb
Jan
'
Mines
Players
1.52
Jan
10a
45c
Feb
26c
37
•
37
18%
5%c Mas
4
5,020
2.60
8%
•:!
37
18%
.—..I
Eureka Corp
34%
75
21 y# Apr
8
—
•
Gold
70
2,250
/
Apr
19% Jan
Jan
80c
v
Feb
19%
44%, 44%
—1
—1
40c
8
13
Ltd-—.
--••16%
19%
4%
com—-—-*
Mines.
Gold
Sol
May
24%
Feb
2,000
24,600
—_—*
Chemical
Empire Bras class A——
Equitable Life Insurance
17
78c
46c
Apr
12,400
19%
—50
Mines
77
24%
10%e May
% 14
0
Mines——
Fleury-Bissell
Apr
Jan
35c
52c
46c
:; :;„
•
—
common
Investment
Fleet MIg &
Mar
Mar
11c
2<m
•
M.
*
f-
Jbwr-.tw
10
Apr
'
_*
—
Eastern Steel
*i-^^%;'jan-
Mar
82
1.00
23% Mar
25
25
;■
.
•
^19%
49 %c
.....
.
Malartic
Federal
100
19c
.
74c
*
70c
;V;. 77c •':•>.
East
Apr
200
Jan
10c
2
East Leduc OH—
Federal
670
Feb
Jan
55c
•
-
.......
Mines
/'
Feb
•13
Jam
5%
30c
•'i 50c
70c
| Duquesnc Mining Co.—
j. Duvay Gold Mines
15%
12%
22c
Mar
100
—-—-1-23%
Gold
56%
12%
Apr
19c
18,800
19%
Textile
425'
'12%
Apr
Apr
17c
10
81
"
•
'.'
Apr
i
13%
Jan
1.23
28
4'A Mar
•> 14,350
55c
:
10% Feb
Jan
15c
100
..
26c
Jan
Apr
Apr
:
154
Mar
25
:; 100
4.%
.
Apr
Mar
70c
165
V
21c
111
65c
Ltd
Eddy Paper class
266
-
-
15c
8
145
,
Jam
24c
91% Mar
14,180
Apr
1.00 Jan
85c
:
65c
908
88
,
/
1.50
Apr
»16C
Donalda Mines
;
Jan
Jan
21%
780
'
9'%
?:•
23c
35c
Magnesium
55
'
10
86
Feb
4%
:
__
Foundry
335
22 3
14%
«
Mar
1.40
4,130
25
t'
9%c
Mining
Economic
21 %
2,125
■
21%
-
15c
13c
100
1,500
108,150
110
l
803
340
-
■
-;77
*•'.'37%.' 38 %
.25
-
:r
■
Mar
A.
25%
Bank
God's
73%
-25
-
'
13%-
.16%
Apr
55c
•
15 %c
2A% Feb "•'/:• 33 /May
10%Mar
v;
12% Apr
130
>
';
76%
65c
9%
Jan
Apr
6"% Jan
Apr
:/v 65c
Domiaioit Woollens
5'%
21%
500
-16,900
5'/a
'
190
4.564
,
55c
73c
;
.
—
: ;
245
,v
22
Apr
95c
vV'-:/ 28 '/••:.
tH
*"
1
Lake
Dulama
i
33
.
46c
100
1.20
5
Ifyf C
33c.
/
*J
115%
;
185
-tr
•'
! >20%
17..
••
•43%-Apr /'-/ <v53% Jan- "
%;Mar11% Jan.
/
1,000
20c22'/ac
——
—-___100
.
Fanny Farmer Candy Shops
/OH;
29
21%
.20
Celanese common—
Industrial
d
13%
Preferred
Canadian
22
/
v
so1/,
'
150
36c
1.50
'
'
——
Preferred
Jan
13%'Jan
fcy; 9
:.;.5
Mar
a'-
17c 17%C
55c
Fa Icon bridge Nickel
430 //'
/
.21%
Canadian Dredge
1—Canadian Food Products common.
Class A
.
...
.
"40
78
22%
-20
-
preferred
—
37
191
34c
'
53c
107%
—.
———1
1
4*''
;13%' Marf .y%'-.l3%Mdy
510
-21%
common
common
preferred
.
Jan
7%c Feb
66c
26c
Dominion
•-34cUMa|<-!as»#8C.
125
'
27c
Mar
1.50
15c
*
Dominion Stores
^
Feb
3%. Apr,
Apr
Mar
5c
f
6%
'Jji'f, 2.-15. Apr f ' // 4:30ONfar,
.150
,
45%
13 -13%
21% t
Preferred
New
•:
Dominion Steel & Coal class B—.—25
.v
:/6c;.
1.200./
'^625'--
10%
•39%
-
f •;>
28 %
Class A
Canadian
Jv
-
A-JJ—.*
Cable class
Class B>—
t Canadian Bank of Commerce
; Canadian- Breweries
;)
!
———i/l—
Jan
3A5
;
-
13 %
16c
7,000
35c
53c
/
Feb
10
Jan
14% May
1,500
■'* 6c
35c
505
8
Jan
4,680
20c
5c
150
1
"::
El
.
10.300 4
•"
13%
:i9o
13'A
i
15 %c
Malting
Dominion Scottish
Elder
5,800-
16 Vj»,. 16%
•
13
18c
1.12
r
»
/;•; '7,% Mar '
.-
10,500
,
2.95
37
16%
6% Mar
12% Mar
22c
—
b Dominion Scottish
5.500;
4
9%-
•".
Mtge.;.100
.—-^-^.-50.
f. '' Ut preaCerred
•;
40
215
148
—
211 ...'-Ape. i> '-;-./'29- iv Jan
.c./
26,680
55c».
19%- V.20
clasg A—
,/ Canadian Canners
Dominion
Eldona
13%.
•45%'-y44
•
.
110
lie*- '13c
Jan
68c
—,
Dominion Fabrics
?
>276
ioc "•,.;
■;
2.45
10%
1.76 Mar
7
—
.
*
class A
East Sullivan
17
2.75';
4
—;
&
f'
5,500
1.02
I
'1
1.50 Mar
275-
0,20 ■•■fi
.—44.1
Power
Preferred
Wire
16c
75
8%
52c-
;
Malting
6 S Liner
'4
10c
—u—I,
—
1
Seagrams
Dominion
%i i
1,000
"5.80
'>
6.10
2.10
150
—
Dominion
•
1
—
-
Jan
1.02
;
Dominion Dairies common 1
1
14,900
26
::8%"
Jah
22c
•
;?2G%, May
Mar
40c
•-^..,325
33
5c
Feb
•
Apr
A /
Mar ■-if''::
27c ' Apr
22
Mar
200
12%
.
■i;
3,066
1,834
;■%
-12c
32V4. 4
Feb
14y8
Mar
-
2*%: Jan
2
Apr
2,300 T.>
lie
10c
-
,10c
Canada Cement commonr../-;....
Cahada Iron Fotindry prefer red. ji 111 10
i; Canada
/
__1
Coal
Mines
;
.4% Mar"
117,900
."V;
72c
Apr
3c
15c
100
...
f
1.90
^
Oijs 4——.—i
Campbell Red Lake.
Canada
A
Dominion Coal preferred
{
T%ft.Jan?
11% Mar
475
28
70c
16%
Calmont
Packers
'^Fefe
Jatv
,'■■7;
445
A-:.-
30c
1.85
26
Flon
Permanent
-
91« '
30
325
27
25%
;
1.86
Burrard class A 44444—
B.-
20
23 7/b
4,390
k
2%
.
,
28C '
1
•
C$ class A.
jplass-'Tf" .--.4-4—
Capiila Northern,
A-'-;
J
28c 31 %c
28c
4.
Calder-Bousquet
Calgary A Edmonton
•
605
7%
2»/4
9
7,500
t
Red
Apr
28%
■••.r-
Apr
2,500
/
:
i,
Red Lake
May
12
2,437
12% ;'110
26%
.
29%c ;
Burns A
Flint
afer .A,
A" VJ:0ft-F«b)'
Jan
^
•
1
*
Buffalo Red Lake Mine*..
BriildJng Products
Burllngtun Steel
Class
class
Leather
Dome
y
;
Apr';'nV'Vfl''.v-oJan T%
Mar
Feb
1.25
18c
#
Jan
4
''4
'
6V»
2% \
1
Ankerite
Canada.
Cadillac
Gas
Pershing
Distillers
Mar
26%
30c
Apr
,.X:
Feb ~
6c
3.520
93
12%
,
Canada
^
29c
55c
40c
50
4
3.00 Mar
Mar
1.00
95c
.—5
.112
,
May
10
10
15c
--6%:
Dickenson Red Lake...
.Jfen
I7br
•
--Apr
200
24
3% '
340
—
// '
Feb
4c
2,000
26%
92
•3%.
•
Dominion Oil
Broulan Porcupine
Brack
Mills
1
BufTadison Gold
Canada
Central
Nest
Dexter
.
2%c
100
V
25%
500
1.25
2.24 Mar
2.00
1
:
Patricia
Aircraft
Detta
;
Feb
40c
200
19
'23%' '
17c
1.25
3'Ac'. 4%c
t/'/
■•
Bit
Davis
•#»%! Jan
•: 18%
7.50
7% Mar
515
! 17c
—
Apr
>•'
12
4%c
'
....
British
/
3,500
Mines.^
14c
/
'
.
c
2.49
Delnlte Mines
v Jan
3,000
26%
*
•«■
T—:
23%
*
.
-.1
Canada Bread
2.30
•
—
Beattle
D'Aragon Mines
'Jan
»
5,500
4%c
pfd——_ 100
British Columbia Packers class A—;
Class B *4.
%
.4
Callinan
2.30
Davles Petroleum
4,700
18%
18%
25
British
'
Cub
Jaiji. > ■'>
'1
OH
Electric
Buffalo
Jan
10
7
—
f; Diversified
50c
■
26%
Pwr com—•
preferred
conv
Buffalo
Press
Crow's
i
Jan
••25c.'Mar
2,425
12
——1
Columbia
Class B
Jan
8%c
17c
£■
British
British
65c
Mar
;
Mar-
9.35
—*
...
Traetinrr Light
3%%
Apr
Mar
4c
13
f Crowsbore
' ■;
t Jan
-
,,169
-
'
British
10
30c
-1
1,600
.
3c
50c
Jan
11% Mar
2,500
-1
10c
4%c
:
13
^
U Discovery Yellowknlfe
9.00
:
100
13%
l-gc^Mar '^'^Mof ,j&n A
Apr ^ v. 20
Apr
4 %c
Cordage preferred ——25
Red
common
7,200
40c * 45c
>
•'
—
J j! Brant ford Cordage
■yr Rrarrttan
V.-qa©
i-H
Mar^^
33c
'
-
20c
3c
Mines
Feb
12
Jan
13,000
Plow
Dominion
Pershing
16c.
:.a2> %;Jan-
Apr
-
& 17
25
13c 14% c
17c
33c
Mar
53c
—
Crestaurum Mines
Feb
•
160
* 16,500
v
'
Bralorne Mines Ltd—
Brand & Jdillen class A.
Brantford
V
4,800
Bonville Gold
•5
Mar
■38%
200
40c
18C
:
...
Eonetal Gold
Bordulac
Mar
27c
•
250
40c
Bidgood Kirkland Gold:
Biltmore Hats class A preferred
Eoyeon
17
1,726 ~
4%
*
;
Mar
7c
—»-l."/'// Sj.04
Yellowknlfe
Croinor
;>9e/;;Mari'4'>^t!22c: -May
123,825
" ' 40
34c
—
Gold
Mines
,••,-34% May;^i«-37%
»28331d
40
,ll%<r
13c
7%c
Denlson Nickel Mines?
Bertram & Sons class A
Bobjo
vA 80
f;
\
1.05 Mar
8,000
3,500
47c
lO0'/2
Craig
39%a Jan
6c Mar - -6r Mar
»«;25 i ■/Febo-'^'.t '.^8.Jan
Jan
2,220
16c
.
10
Cournor Mining
V
8%c Mar
45
Befenc River
Bevcourt
35
% 162163%
•
-10O
,
^
1.40
1.30
Apr
7%c
common.
Exploration
Cosmos Imperial Mills
Apr'-v Ar.i;4j00- Jan f
5-%. Apr
5% May
May
1
Conwest
3.00
1.49
6'Ac
1
DUnlop
Consumers
;
v'
Feb
6 V4C
_1
Cons
Feb
25o --Jan
1.20
16c
Consolidated
v
500
20
A
vi>;i l5c
Apr
20,550
9%
Consolidated Homestead Oil..
•
Consolidated Mining & Smelting—5
Feb' 1
I5c
-,
Jan
1.49
14c
'
4.100
.
40c
4.1
-
A
-
Mar
,/
3,000
;
22c
20
49 %c '
'
•'/
IT%C
,
4-
_
Beaufieu" Yellowknlfe
Bell Telephone—
;
Jan. r's
2.65
1.20
1
Consolidated
v'n' B%C Jan
-'
Feb
8c
-
125.
;
-
15c
t,
3,000
7c
llo
Mar
8,300
25%
•_J 4 34%
2xC
6c-. Mar
20
Apr
1
Coniagas Mines
Coniaurum Mines
if
Apr
1.21
9%
Commonwealth Petroleum
^13%. Apr
Apr
20
1,600
1.30
-r:—1
„_
Conduits National
Mar-.-:i3%. Jan
10.400
V
/
Jan
A10
'
.r
A
Apr
.-
9c
/...
Vic
6c
.10
class
1
3.70
16 %c
25 %
110
J60a
-
"t'.: 4c
'
10,200
5% 4 5%
,_1
Scatia
Power
3.50
-•i<
2.245
.
19c
'
4
:
11c
18c
;
Jan-
6,200
12c
r18c
11
3,700
^
9c
11%
8%c
BLcLju
Eeatty Bros
u*
8& 4
Mar
9,500
0%c
11%
35c
;-
15
9c
,
9c
-65
.
24
26
12
Commoil
Jam
;
18%
7%c
•
Lake
Colomac
15e.-Jan
i2c:
„1
Consolidated
Bathurst
Mar
Mar
_1
Base Metgls Mining.
r
Cola
'
6c
„1
Montreal
of
Apr
7%, Jan
15c
11%
•
—_1
Bagamac Mines 4_
Bank
5 % Mar
12% Mar
1.95
—
Mlnea
Kniting
Cockshutt
1.500
8%c
'•..-•j-*
Mines
of
14c
ii
335
17,718
1.25
Class A
Jan
17,600
4--
——
•
Fabrics
Bank
6%c Mar
3.100
31c
May
17%
26
Oils
Cochrane
Jan
»%a Jan
?
Apr
13c
7%c
Gold
Bankfield
65c
: ;
Feb
10 %c
13%
1
Auma-que Gold Mines.
Aunor
5c
Apr
Jan
90
14c
Cochenour Willans
il9%C 22 %C
V 13% 13%
20c
•
—:io
..
Atlas'Yeftowknife_—
,f *
A 32c ; Mar
0.20
15
May
1.20
Malartic
Coastal
Mar
90
1.90
-1
Gold
Citralam
2.60 May
11
10
17
.1-11—1
Mines
Circle Bar
High
263
1——III
—.
—
Low
14
17%
Chromium
Jan
16%c Feb
Apr'
9%c
V
7
38c
40c
10 %c
1
OH
Mines
Steel
8.35
1,000
12c
.
Chimo
Apr
25 y*. Feb
Apr
■5,500
'
54%
Mar
common
Chestervllle
'
16,350
6c
9%C
Cheskirk
Apr
Mar
1.35 Mar
920
A
:
Jan
5T
Mines-
Range Since January 1
High
90
»
1
Gold
Chateau-Gal Wines
Chemical Research
40c
Armistice' L
;
45,350
55c
6c
•
9%c
_1
Arjon Gold
%
8c
8.50
Warrants
Ashdown
30,300
2.30
*
Argus Corp common.
12c 14%c
.'—l
;
20c
'24
Chatco Steel
Apr
13 a
Apr
Patricia
—
Jan
24c
44% Mar
1,533
47,167
8.5a
1
Resources
Porcupine
1,045
25
2.51
t;
—
87%c
33"% Mar
23c
21c
14c
Mar
3%c Mar
1,130
53
24%
21 %c
1
53%
51%
25
1
-
52
Central
Shares
12%
1.30
Porcupine—
Centremaque Gold
Jan
for Week
90
25
.„i
Central
8%. Jan
-22c
3%<r
53
pfd—-25
Mines
Feb
»
52%
*
Larder
Canadian
4c
——*
new
of
Amalgamated
American
~_1
common,
7%
12%
-——100
Railway—..
Sales
Range
Low
•
Castle-Trethewey
Mar
8c
20c
21c
101
Apr
7bc
■__1
Mine»_
Steel
Feb
6c
200
T
1
98
.6,000
Jan
20% May
19.
Mar
16% Mar
5
'
8c
17V«
17% Mar
135
100
•••
Cos common.,—.
Canadian Wirebound class A_.
Cariboo Gold
High
12 % Mar
3,111
18
.
100
7%c-
Oil
preferred
Canadian Pacific
Range Since Jannwry 1>
Low
»
Agnew-Surpass
Akaiteho Yellowknlfe
Alberta
17'/4
20 I/4
Week's
of Prices
Sale Price
4%
High
aoo
Gas
Shares
16 %
>
2C%
.j
,
Last
for Week
"
A
Preferred
Acme
»
'
7
Friday
Canadian
Range
Low
"Jo
MAY
STOCKS—
Sales
of Prices
.
Par
preferred
11 Acadia-Atlantic class
ENDED
Par
Week's
-
Sale Price
SI.50
FOR WEEK
Exchange
Last
Abltibl Power & Paper common.
RANGE
i
Funds
Friday
STOCKS—
-
16c
Jan
7%c Feb
14c
Jan
11% Mar
13% Apr
Golden Manltou Mines
1
2.60
2.55
<2.63
15,100
1.95 Mar
21
2.70 Apr
Mar
30
Jan
Goldhawk
*
7c
7c
9c
2,500
7c
Jan
Mac
Apr
16c
70c
88c
Feb
Goldora
1
•■'•4%c
4%c
5c
41,500
3c
Mar
9c
Jan
•
Porcupine
Mines
•
~
FOR
RANGE
MARKETS
LISTED
CANADIAN
Monday, May 10, 1948
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(2064)
40
7,ft...
WEEK ENDED MAY
Week's
Friday
'I
f;.?
;
Friday
?;■ -,v
v
Sales
Week's
Sales
Range
for Weel
of Prices
Last
Shares
'
'
Range
Sale Price
STOCKS—
;f;?
i/y.
f
% Par'
;
1
'
—
1
,'VTire common.—i f
Goodyear
Preferred
,
17c
4c
-112
50
———
53
.
W-
10c
20,700
2,500 f
50
50 '
20c
,
.■
4c
113
class
&
Graham
Bousquet
.
Co
••
-
.
;
\
•
.
t
A
Cla«3
preferred
Wihksne
Grull
Gulf
———•
—
—;
20
Apr
19
44
i-.
210
29,500
5V2C Mar
ft,
25
14;% Mar
■ft,
18
2 Va
2,700
1.75 Mar
■;
7.80
8.00
7,680
Apr
lie
Mar
16
2 Va
Jan
6%
6%
ft,
:—
5
25
;
14
14
■f'ftft 150
r:,
3
Jan
8.00 May
Apr
14
Jan
6'J4
Apr
95
Feb
.16 .v.
6.10 Mar
0
common
18
9%c
15% ft;
"ftft*
■'
Works
Knitting
Range Since January 1
'
/
8%c
8.00
i
Tool
i'
ft
ft':2
7%
Feb
•.
»
200
ftf 97ft;
96
vf.
;ftft:ft37c
Poicuplne
Montreal Locomotive —1—
Jan
5c
May
Mar
88c
Moore Corp common
Preferred
Morrison
2.75 May
1.40 Apr
.-.ft
Apr
15%
Jan
&7%
38c
35c
17
17
73
73
28c
Apr
39c
Jan
17%
Apr
Mar
.720
14
Mar
395
65
4,765
17%
r
ft:
Apr
6c
127,200
Moneta
12% May
Feb
60c
500
Preferred
Jan
10% Mar
5,409
2.75
1.91
2.65
Modern
Jan
Jan
7%
oc
Brick
Monarch
15% Mar
200
100
78c
•
Mining Corp
Mar
14c
17%
"
''
12%,,
7U
12%
,(
May
10c
40%
7%
— ffv
5c
78c
75c
1
——
Jan
'ff
3,645
350
—
1
——
—
Mines
Lead
--
12%
0
*
1—1
oreferred
Mines
Guayana
10c
•iW;".??' '''''
'i 10%
Milton
ft*-
High
15%
9C;,c
Midland & Paciiic Grain1-———
Apr
19Mar
40
20
Feb
Low
17%
*
On
Mia-Continent
May
53
'""ft
j
.Mercury' Mills
Jan
4V»C Mar
113
Mar
18% 18%
43 43%'
,18%
*
—-i
—
West Felt
Great
20
(
.
Great Lakes Paper common—I
Great West Coal
20
10c
*
A
—-——1
.
25 %c
ft-
■;V? par
Feb
49
Gordon Mackay class
Graftcn
i;y,
Mqr
10
Sale Price
.
High
2'/8C Mar
104
STOCKS—
January 1
Range Sii
LOW
lilghri
Low
,
_—
Shares
51V2-
Mines
Goldvue
Goodfish Mining
for Week
of Prices
Last
.
ft
•
__
—25
_
25%
*
Brass
ft
3
Mosher Long Lac
74
25%
•ft"
3
13c
Feb
76
25 " Mar
175
v-'ifti- 32
3
13c
-ft.
;
Apr
26 %
Feb
3
4
Jan
Feb
ft
6,500
9c
Apr
15c
Feb
16,700
13c
May
37c
Mar
12
May
16
Jan
23%
Jan
"
Hahn
Brass
Sway/e •'
Haiiwell Gold
Mines
Hallnor
,
Harker Gold
Gold
Gold
—
10%
—-————1
——-1
80c
—
,
1
*
—-1—
Highland-Bell
Highridge Mining
.1————
Highwood Sarcee
4,027
Feb
5c
May
7c
Jan
Neilson
500
Apr
16c
Jan
New
Apr
95c
Jan
3,500
65c
4,400
49c
13% Apr
Mar
24%c
Jan
71c
•
■
•
—
Mar
8c
.
•
\
Howey Gold
•
* •; 4 "'/■v*" 1-"
-'
,
15c
20
Apr
Feb
5.35
8,100
5c
;.
9
New
3%c
^100
—
—
Imperial Bank ——I
1—
10
Imperial Oil
—.lliwm*
Imperial Tobacco of Canada, ordinary-5
i'/r preferred
25
2,200
18c
Mar
32c
16%
'
—
25
?■
■
2Cc
May
30c
1,507
43%
Jan
51%
5,000
2%c
Jan
Inglis (John) & Co.—--n—1--6
Inspiration
Mining
International
21
Apr
23
27
9'A
41c
23%
7c
2,300
Feb
8%
34c
International Metals class A
—1
75C
£ 29%?
;29
'Preferred
*—
1Q4
34%
34%
Ii-i.—^100'
-
Nickel
common—.*
Co
V
17C
20c
17c
21c
23,264
30c
30c
500
7%c
8c
13,500
1.25
100
50%
Petroleum-^—i——*
International
13%
<1,4,
1
-
Iv-V
Mines__
Jack
Mines
8c
9V2c
4,000
12'/ac
15c
88,500
Jellicoe
J
M
-I
Mines
9%c
I
■
15c
,
,.^—'1—^-1
Consolidated
,
'
'1'
Mining
l%c
l%c
Joburke
Ltd
Mines
,
Osisko
•
■
2.25
Kayrand
7c
8c
May
12c
1
5%c
6c
18c
5%c
.3,000
1,491
3c
4c
.
May
7c
——
—1/
18C
18c
22c
i-v.
1
■iV;
ft.
52c
Jan
7c ,10c
Ilcl4'%c
33.100
5<?
Mar
94,392
11c
May
16c
Mar
Kirkland Golden Gate—
20c
21c
4,500
13%
13%
2,365
—"
13V2.
1
8c
10c
40,400
41c
41c
1,600
1.52
——-If-li--i--___l
1.50.
1.65
16,023.
,13c
—
•
13c
^ 'V
.
■
' -0;
24
v 24
Laguerre Gold Mines
V'
Lake
1
—1
——
Dufault Mines - —;
—
-
1,175
3c
6,700
Lake Fortune Gold ——————*
Lake Shore Mines
_1
—
12
l
—
74c
*
5c
12 V4
25c
.
La Luz Mines
•
Lamaque'Gold
f
;
19
45c
_
:
Lang ■& Sons
^
'
—«
i-i-ii*.
1
Lapaska Mines
,.1
—
Mines-I—*—
Laura Secord Candy—
% I<arder "U"
•j,.
i
■;
fLebel Oro Mines
'
\
Leduc-West
^ '
Oil
Leitch
j
Lexindin Gold
?
———r
■
v
:
%
Gold
Little
.tv
'A'
1.52
1.70
15c
15c
•'1 f
*
•
V;; ~
:•
UV4
1
————
-
Gold
H''
95c
v
...
6V2C
„
'■
1.04
36c
28
,
27%
1
•
.
-
f fu
Piccadilly
1
—
Macassa Mines
I*—.
MacDonald Mines
-
•
1
■■:
'••
■'
-.
1
-
Macfie Red Lake
MacLeod-Cockshutt Gold
Madsen
B
Mines——1
29,600
7c
Mar
16c
Jan
8%
655
6
Mar
10%
Jan
500
5c
Mar
11c
Apr
18 %c
Feb
12c
lie
10c
Apr
50c
Mar
23c
Apr
80c
Mar
2,200
66c
74c ft
21,400
43C
21,600
1.00
1.12
36
35%
36
670
.1.26
1.25
1.35
7,975
:
•
22,300
Red Lake Gold
7*3
—1
Mines-
Magnet Consol
6 Vec
I
—
—1
—
3?
■
Mar
28%
Porcupine
40c
12c
7%c
500
5c
1,500
5c
3*/2C
1,000
3c
'V'
13 %C
'
3c
3c
40c
38 %C
j-''
Jan
2.40 Mar
2.85
1.17
53c
7c
7*/aC
7c
Eastern
Manitoba
Sugar preferred
Leaf Milling
Maple
Maraigo Mines
..1
•
1.——
—100
_i
v
10
1,003
2c
35c
Mar
•
2.000 ;
.
i
23c
7 J/2
1.65
1.68
;
3,300
12,950
23c
2,700
2.06
2.20
4,385
7c
1,900
2.60 Apr
6 %c
11.000
;
-
1.70
4,500
East
94
Apr
25c
56c
Jan
42% May
63c
68c
1.800
88c
Jan
Jan,
62c
65c
16
14%
IbVe
1.70
1.500
72c
2,649
16% Apr
1,245
„
Apr
2.10
Jan
2,080
6%c
15%
4,430
1.90
6%C
.ftft"-
834e Mar
>
10% Jan
-
*
10
in
10%
165
-
-ft 54%-Mar
Preferred
Quebec Labrador
Quemont
Reeves
Jan
Mining
Regcourt
Gold
Gold
—
16%c
(1936)—,.—
.
Class A
19c
30
45
Rochette
Feb
Roxana
ft,ft
Jan
29
:
10%
IvlO%'May..Vi
15 %
16% Mar
——1
Gold
Oils
9c
Rupununi
Feb
Russell
Jan
1.95
Jan
5c
17 % c
16% c
18c
5c
28,600
17*4
1
Mines
Industries common——.—-*
Class
St
17%
17%
1,335
3.15
Jan
40c
Feb
1.95 Jan
3c
25
Jan
>•. 94
I
>;
May
13
Jan
1,000
4c
Mar
6c
May,
5,300
10c
Mar
31c
Jan
Sigma
5c
1,000
3c
Mar
6c
Jan
Silanco
19%
Apr
Silknit
28
13y8
;
1ft—-w;.—--^.1
Ltd———-Ilft-ft-i——— 1
.>
,
Gold——I—50o
Breweries
14%
6c
13c
14%
12c
Mai;.,
23c
Jan
Sick's
V T
common—
11%
44%
75
34
18% Apr
Mar
128
85
110;
Mar
"
13.90
6'4c
5c
■
':
i
46%
1.08
1.15
3.10
i 2.85
15%
14%
14%
7.60
7.60
8.25
44c
ft :
48c
12c
.
;'Jpi*;
17C
67
Mar
20%
Feb
Massey-Harris common
;
Preferred
f
J.
.
•
McCoil-Frontenac
common
_
'•
>
2,590
16
Mar
19%
28%
326
24
Mar
28% May
14%
5,119
9% Mar
14% May
-
Mclntyre
McKenzie
Porcupine Mines
Red
Lake
5
McMarmac Red Lake Gold
"
McWatters Gold
—
For footnotes see page 42.
—
1
l
A.."
60%
>'
-50c
16c
60%
61%
;
420
50c
;
,8c /
;
54c
17c
8,700
8C
8c
50
Jan
66;
,
%c Feb V
'•
270
1.43 Mar
ft
11
•
r
ft
% Mar'
11% Mar
540
775
-
;V:
**
&8C Mar
141,276
fft-
1.15
>
Jan ft
3.20j Apr,--''
;..r
ft
ft 15*4 Apr
'>is4438S<Ja9^j
7.20 Jan
75c
Jan,-
Mar
29c
Jan
12c
,
8c, May
18c
common—5
Ltd
'1
Miller
Mines
Dairies
—
—-i
ft:
15
ft.:,-:-
45
I tt
8>50/Feb:c
•'
:
38*/2CMar
9
33
34
30c
°
A
12
8.100
34
27c
34
—:—1
—
class
■ft
12
——40
Preferred
Silver
'•45c
30c
10,100
11 v'VH
98
25c
'
Apr
fl
■
r; f%*i i'
^.,700-. Feb n
15,;.,,Apfi.f
37
V
Jan
48c
Apr
Mar
10% Apr
Jan
1238
Jan
-
Mar
46V2C Mar
18,700
16c
-56%
-—1
Mining
Silverwood
V-V
'
t
f
11
> ;
JfWJ* i*
j 22.-4 Jan ft'1
via t<.» ■*%)
?i Martin-McNeely
j f,
,ft44%:Marft:
8,800
3.15
14%
4 5, *,? i Apr
•
•
May
38c
46c
'
j
'.'''128.1 Master
fty/% i ft-vi r,
4-3.5 Feb
9%c Mar
21%
.ft; ;46
1.09
44o
21%
16..%ft Jary'i
.
3.75 Apr
4.00
5c
10 %c 10 %c
14%
-_1
(Quebecf
420
11
43
ft,—
15%
Mines--——1
C————————i-L—If—
Mines
Feb
ft. ft
__1
Sherritt-Gordon Gold
18%
1
f'<f
•
Mines
Creek
Sheep
6c
1
'«
1
Shawinigan Water & Power--—.—-—*•;
Preferred
100ft/ft ,';ftfft
ftft-'ftftftftftftftft vft ftft-vft
5c
——
preferred..
Paper
'
Senator Rouyn
Apr
Mar
Jan .?
<-
16c
-
10% Feb
126
11*4
ft-*— v'--
50
100
preferred
A
Lawrence
V'LV.V
Apr
Jan
19
Jan
.,
Jan
Feb
16
St Lawrence Corp common——*
Jan
12C
49c
25%
'
Feb
18c
llViG
ft,
3.00
Mar
23*4 Mar
Jan
1.46
17c.May
Apr
25c
:
*
Co—
Royal Bank I—..——:—:——!———10.
Royalite Oil.
-I——-—*
Roybaf Chibougamau
—ii.1
1
12c
131/8
—
Gold
Mar
10%
.15%
——
Sarinorm
Mar
.
43
i.
Sjin Antonio Gold1 Mines Ltd————_1.'
May
Jan
28c
Feb
33 ,.:v Jan
.
39
43
A
class
Sand River Gold
11
ft
9c
Robertson JVlfg common.:..
Robinson (Little) common
Jan
Apr
ft
; i 2.1Q Apr
—_—
■
Silk
Riverside
Jan
fftf 31
Jan
Jan
Jan
Jan
59c
ft
Feb
86c
14%
Macdonald
Rl'chmac
Jan
1.50
t
Feb
.
89c
—
....
Jan
14c
ft-v
90c
—
-
Queenston Gold Mines
Feb
94
"
Jan
1,700
1.395
15 Va
Jan
25
94
,
3.50 Jan
43C
15%
Dome
Jan
2c
Feb.
Jan
2.30
•
42 Vs
62c
-■
7%
1.50
6,100
21/4C--2,/2c
Feb
Feb
40
i
15 V4
l>
_#
1.51
2.40
Apr
•
.
16%c
1.85 Mar
3.30
63c
10%
18c
Jan ft-
20c
-Apr ..ft- h 82c
C5c
17,500
42
Goldf".—J
Purdy Mica Mines
—
Purity Flour Mills common
Jan
1^5
Mar
v
46c
.
42c
5c
I—
Feb
9
Mar
3c .May,
Mar
10c
Feb
5c
Apr
9,700
3.10
fft-I'ft
4% Mar
475
Jan
8c
Apr
8C
7%c
2.06
...—.-1
1.00 Mar
5,900
f
2.94
2.65
;.",2tac
94
1.16
Jan
7'/2c
Jan
Mar
23,103
<
14c
72c- ft 75c
fi, 'V
■
Preston
l.Ot Apr
■■
Apr
IOC
7
.
Jan
Apr
1.55
:
'
'
.4%c Jan
Mar
15c
5%c
•5%c
y
7%cf
_
—
Feb
8c
24% Mar
9%
__
1.21
36
Apr
'
v
Rouyn
Apr
lie
Mar
26
1.06
3%C
S3
—
.Voting trust certificatevCorp
•—
ft
Feb
17%
.
Apr
29*/2c Mar
86q
1.05
?
2.65
—1
Malartic Gold Fields.
Marcus
10,
•
;
1.15 Jan
70c<ftFep
ft
f
Feb
28
5V2C
.
P.ower
Jan
6.95
Mar
98c
<
,
r
•
Apr
20%
;
1.10 Mar
29%
2.60
7c
1.05'
*
—
Manitoba &
-
v;
Jan
9%c
40c
————
Porcupine Peninsular
A'fif
'■■■:
MacMillari Export class A-—
Class
2.60
99c.
—1
-
Apr
7*/«c
7c
43c ft:
Pickle Crow Gold Mines
Jan
3.00
Mar
8c
lOc" '
Apr
ft
7V2C
•
14% Mar
Mar
15c
'
0
-
Jan
Apr
1.76
Mar
;
■
Lynx Yellowknife
-
Jan
70c
May
60c
40c
,
4c
Jan
15c
Mar
1,000
4%
2.20'Jan
89c:
Jan
10c
5%c
Mines
Pioneer Gold -——I—,
,
63c
•
4%'c Feb
8%
7c
8%
V
fftVScft May
,
2%c May
1.16
.
28
27%
'-.i'
65c
5c
12
6V2C
36c
f 1.04 I
59c
92c
-
'
Jan
83c
Apr
4c
ft
1.24
„,
46,000
ftv
4%c,
4%c
-
Apr
5.75
1.00
1
Goldfields
,v
?
1.15
*
Louvicourt
r
99c
3c
27,945
1,500
-
.
1.06
Powell
6%c
May
16% Mar
4c
i 1.15f'
Lac
|i.i Class B
Lunward
»*j.
—^1
Gold Mines Ltd——0
Loblaw Groceterias class A
*
Long
2%c
Jan
.
Jan'
32c
j
Mar
86 c
13 %c
7.75 Jan
Feb
25c
4c',4%C'
13%
3%c
<
'
67c
Feb
25
2.25 May
5c
5c
600
Apr
-
83c
4%c
Partanen Malartic I-iiii!:—
1.78 Jan
2c
13%
;
;
•
Mines Ltd.——^
?
«.
13%.
1
—r
f Lingman Lake Gold Mines-
U:
5c.
,
1
:3
14c
3 % Mar
.
Porcupine Reef Gold-Powell River fii::i—...L—:
19C
Mar
20%
•.
10c
1.40 Mar
...
Jan
Apr
38c-
6.15
6.15
:20%
,.
Jan
1,075
Mines
Jan
55c
2%c May
2.20 -2.40
;
*
——
10c
11,275
—i.
.
Lake——
Parbec Malartic
'
62,200
2.20
Apr
4%c Apr
3%c Mar
4%
a
Quebec Manltou
,
Jan
2.30
2.05
ft-'W^^ftv
Jan
22C
4.10 Mar
3,000
1,255
30c,
Jan
20c
9%C
_
50c
Mar
23
31,000
4*/2.c
11%
—
—
Lake Wasa Mining
65c
68c
24c
1.50 Mar
84c
_
15
Apr
1.40
240
5.70
2%c
.5.25
51'%, Jan.
Feb:;;;'
3%c
:
Pressed Metals v-Iil:!-,-,---:
Labrador Mining St Exploration^—:..l
,
" 1.40 Jan
Mar
1.65
V"
Mines
Perron Gold
Jan
Apr
lie
1,000 :
14c
5.25
Labatt (John) Ltd—,
?
,
Mar
1.85
4%
Page Hershey TubesPamour Porcupine Mines Ltd.
May
33c
Apr
36c
--
10c
,
13 Ya Mar
.
8c
8V2C
1
—1
A--—-
Lake
Mar
9.500
1
Kirkland Townsite
25c
37c
1
Mar
3V»c
•
-
W$':i Paymaster Cons Mines
Feb
40c
Gold
Kirkland
58c
36c
Kenville
Kirkland-Hudson
May
29c
Kerr-Addison
'Apr
4c
1.88
—
-
_
Lake
Osulake
f!>
Feb
290
29c
.
I2%c
Mar
1.00 Apr
10,000
—
Paramaque
Jan
4c
■
l*'2c May
,37c
9c
ll%c
Jan
4,700
Mar
1
Rlining——
Gold ——1
Jan
7*/2c
4c
9,000
5c
V
_
TV
Jan
12%c May
i-I
1
Kelwren
46c
25V2cMar
15,433
Pacific Petroleum
Jan
Apr
12,050.
—
—
Quebec MineS—
Apr
15c
2.05
-
5%c
ii.
Ai;
Joliet
33c
lie
2.13
ft;
;.I..i ;.
——
Omnltrans Exploration
Orlac Red
f
*;
May
4c
205,600
5c.
4c
•
.
1
,28c "Jan "ft
Apr
J
5%c
—
Jan
Feb
43
15c
14c 15 %c
•
Omega Gold
Apr
84c
4c
Mining '-..i-i—
Waite
1.45; Apr
31c
:
17c
200
15c
Pandora Cadillac
Jason
ft.
May
35
————5c
Jacknife Gold
Feb
15c
»
5,000
49%
1
Ogama-Roclcland
15"% Jan
68c
.
Apr
6c
,
f
Feb
"
2,802
50
15C
O'Leary Malartic
■
Ay
Feb
.Jan
104
76c
International Cranium——
2%c Mar
1,800
5%c
5
May
2.99
101
100V« Apr
,
5,400
56,650
1.25
Orange Crush
Jan
39c
30 Va
104
34%.
14
84c
:
Mar1
Corp
Okalta Oils
Jan
102%
Preferred'
International
'■
Jan
'
24
.
.
Mar
20c
■ft 17c
•
'
.1:,
,
23 Va May
35c;
30
35c
,
*
——
f
Apr
55c
Apr
May
22
245
11,900
26c
v':
\,
Feb
9%
4%c Apr
1.41
23c
———
O'Brien Gold Mines
25% May
24 Va Mar
230
1.28
26c
Mines
North Star Oil common—'
ie7« May
Mar
12
2,330
V
130
6,500
—__i
Merger
North, Inca Gold
Jan
101
19c
Northland Mines (1940)
14%
1.91 Mar
4*/2C
;
Orenada Gold
International Coal. & Coke—
Jan
v :,ft 34
18 Vt Mar
"ft,
1.30
»
———
Apr
Mar
14
13,539
40c
2$
I.:-
Apr
33c
:
25V« Mar
,
2,485
35,500
4c
_
Norpick Gold Mines
Norseman Mines
Jan
495
498
—
25
pid
Mar
101
r'
*•' *"
•
Jan
•23% Apr
508
9>A
—
1 '
^1—i
Powers
Bronze
12%
Apr
(
18c'
149
24
2.55
5%c
___
Malartic
Normetal
3%c May
'
12,000
-
ft
2.32
100
•
i.
Oils
Rouyn
Nordon
May
6c
4%c
5%c
1—1—————1
29 3 4
23%
10
i
12 % Mar
Mar
10
90
3,500
;
'
i
5 "
Lake Gold
200,
■'
11
25C
29%
Yellowknife
Norbenite
!■
'
Indian
'A
■■'■■
—.100
Noranda Mines
fl:'
Jan
2,000
24%
16%16%13 13 Va
25 25%
12
U
24c
1
'
Jan
40c
25 %c Mar
9,500
24%
paid
Huron tfe Erie 30 ','c
;
27% Mar
10*/4 Mar
283
2.37
1
Nlpissing Mines
'v
———————I-——1
Hugh Malartic
23c
30c
51%
'fft'ft'. 40
ft ft
.-f-, 13 V* Apr
28
23%
—
Gold—1
Norzone
-v'(
Feb
9c
Mar
Marlon
Nicholson
8.50 May
6,903
9.75
23c 23 %c
26c
30c
51 51%
3c 3%c
21% 21%
1
01
•
—
Mining
Hudson Bay Mining 61 Smelting-
Hoyle
class A„
Limited pr
Pacalta
Jan
18
(Wm)
I"!
Apr
12
7%c Mar
3,000
340
• < 1
S
Bidlamaque A,
New
Jan
Mar
3,500
6c
New
Nib
9%c
v.r"v
Pipe
'
New
Jan.
2,500
19 %
30%c
276
C
1034
—
Car
Steel
l>■''v
,
*
•
12 ft; ft-
10%
Ill-
New Calumet Mines i——'
%■
:
May
5c
s
3,500
8.50
6%c
3OV2C 34%c
A
i
National
Feb
10c
50c
32,350
9c
9.40
class
Negus Mines
ifi:
50
13% 13 %
13c 14 %c
69c
71c
'6c- 6%c
8.50
I——1
——1
Yellowknlfe-
14 %
28,
-ft
Jan
14%
10c
'■
19
9.40
8.05
Oil
.Rosea Gold Mines
May
19
Gold Mines—5
Hollinger Consolidated
Homer
15c
95c
9c
,.in
Hosiery
National Sewer
Jan
Mar
Mar
9%c
*
——
Hinde & Dauch —1_
W
12c
5c
12
14
—.20
Jan
6%# Apr
60c
—
11%
11
com
'
National
70c
-'»r,ooo
7c
13c
71C
12
preferred
National Petroieuin
ij'".'
Jan
-52,550
—
—1
Grocers
Class B
32c
Mar
9% Mar
.305
85c
5c
Paper common
Drug
Preferred
Feb
5.00
3.69 Apr
12c
37,350
National
Mar
80c
5c
'
1
■
3c
National
Jan
Apr
10c
1
—
5%c
l%c
300
8c --'8c
7%c
15c
—
May
Apr
1,000
-11,
9
Apr
%c
3
13c 14%c
14c
Jan
8%
25
17c.< 20c
17c
16
13% Mar
1,970
1,000
•
Heva Gold Mines:
Home
4c
18%c.
--w
Hedley Mascot
Hendershot
9
4c
3c
3.85
10%
—
Hafiaga Gold
Headway Red Lake
Heath
15%
9
4c
3c
3.65
nil—iil—I-1
Mines
1
Carpets
Harding
14%
--
-1
—*
Hard Rock Gold Minesx.——
Harricana
31c
15
—*
—'
1
—— 1
——*
common.——
Halcrow
31°
—*
Gypsum Lime & Alabastine
1,050
—
—1
Gunnar Gold
Mylamaque Mines
Mar
37c
Jan
24c
Jan
Simpson's Ltd class A.
Class B I__.
Preferred
y.^.r
—
27%
26%
23
97%
24
Mar
510
23 %
99
18
Mar.
270
96
Mar
300
27%
23 %
ft
.
.23% Majjj.
IO1V2 Jan?,
Volume
167
Number 4697
THE
COMMERCIAL
&
CANADIAN
FINANCIAL
LISTED
CHRONICLE
MARKETS
RANGE FOR WEEK ENDED MAY T
''
'
•
Friday
Week's
Friday
Sales
Week's
Sales
•
..
Last
r."
,i+.
STOCKS—
of Prices
Par
Siscoe
Gold
Sladen Maiartic
Southam
Co
Springer
Low
1
Mines
-
32c
—v-_—
—
V
Mines
1.41
.
,
_
Standard
Starratt
Steel
—
Olsen
Ce
Gold
390
4 Va Feb
8%
V.J
.;
21
5
-
165
4
70c
1,500
"V 210
81
81
6c
6c
8c
3,500
2.10
2.22
8,560
10
10
5
_
—
5c
>
Apr
i
Apr
'
81
Mar
12c
1.68 Mar
Apr
2.40
10
May
Sturgeon River Gold—
1
Sudbury Contact
1
Cons
Inlet
Surf
—
Sylvanite
Taku
Tamblyn
17c
17c
*3 VaC
3 Vac
7,000
1.32
1.42
3,379
—50c
J12c
12c
12c
"i.: ;r:-
1.55
1.65
JV 43c
43c
44c
26
27
260
i.\-.
4%
4%
35
4Va
Apr
-A'.V
—
Gold
River
9%
10
95
9'/a
Jan
Mines^
Gold
Ltd
17c
1.32
-
1
1
■
*
•
common—
'
— —
'26>/a
,
17c
1,000
500
,
21c
Apr
9c
/ ;
5'/aC Jan
i,500
0
common———
Preferred
...
m,'
__
Teck-Hughes Gold Mines
Thompson-Lundmark Gold Mines
Thurbois
Toburn
Mines
Gold
_
_
T
2.75
2.90
47c
35c
48c
•
-1
__
—;
CV4c
5%C'
;
•'.f: 66c%
—
7,636
27,330
i:
V 66c
i*66c
i,o8o
Toronto
/•■'.Class A'.
7 Vac
■7 VaC
11%
9 Va
a
[,l I'y.:.
—
ii'3,550
11%
9
V
*
common
?
10% Mar
I
11
:
Towagmac Exploration—
385
:
8c
8 VaC
1
_
8%c
__l
Traders Finance class B
Finance
Transcontinental
''80c
Jan
!'
V:
■
National
*
Union Gas
Union
—
12%
Vs
26
Jan
11
Apr
12c
Brown
25
39
10
92
49c
51c
7,200
7%
7 Va
49C
Jan
Co
Canada
Apr
35c
Apr
u
2,000
19
19
200
2.50
2.65
8%
8%
200
11c
1,660
21
21
47
•
2,410
A
47
i
........
/ Class B
preferred.'-——-—.
United Keno
United Oils
United
Hill
1.76
1,000
18c
Apr
Apr
40c
Feb
4,500
5 VaC
Apr
9c
Jan
8%
Jan
n
■
1
I
'
,
1.76
1.90
6 Va
1.75
1.72
1,85
6.00
6.00
6.50
V
Exchange-Curb Section
734
10
Jan
28
Apr
175
175
5
160
Mar
182
- 5
*' 4%
5
2,125
—1 '
.*•
4—100
-
Dominion
101 Va
' ?"'
Sugar
Industries
-v.
•
lie.
Vicour Mines
11c
11c
//-•--
Virginia Dare
Vulcan
■
f'i
■
•
■
•
preferred
Oils
.
_
"/:-'
A
•
.....
5a
Jan
1,000
.•
ii-
10c
•
a--;..
(G
Ai
1,000
Feb
f
28%
—
20
11%
11%
14c
18,167
15c
'
4.60
934
,
7,800
Mar
Mar
4
Apr
1.50
1.50
i
,
ii
1.
,
t
.
:
,/
'
i
'
:
-;v
,
;r
decrease (-—)
■■
Assets—
certificates
Reliance
v
Southwest
,
v':; V
:.
F.
Other
gold ctf.
reserves
r
<1
i
a
v
I
/
V"'
*
EXCHANGE
U.
S.
Govt,
+
;
BillS
21.919,143
—
9,578
+
+
*
-
Notes
Bonds
602
Total
f
from
Due
T.
R.
17,000
+
of
+
securities.
20,251,312
—188,599
20,483,485
—217,297
■:
Other assets
i>
Total
—
banks
96,329
——i-—
%:
2,525,111
? 4
+
•;*!
»-'
'1
_
+
336,102
34
+
+
114,287
—230,850
23,666,920
+
.
1
.
42,865
+
-
liabilities
•
17.033 311
-
370,032
:
:
+
71,460
i
16,734-
—
-J-
•
'
1,156.338
18,957,164
59
63%
8,130
46
Mar
55Vb
55Vb
25
45
Feb
24%
25%
2,460
5VaC
5%c
5,000
3.85 /
3.75:"
4.20,
6,720
25
25
23l/4
Feb
55V8
25%
,
I**'
38c
2.80
Apr
Jan
4.10
Jan
34
Mar
63% May
55 V8 May
20'% Feb
t
25%
Mar
2.25
38c
106
40c
-
3c
110 '
25.4./
38c
40c
Feb
-v'
6V4c
Feb
22
500
■-.v,;::
Jan
4.80
Apr
Jan
Feb
26c
40c
Apr
Feb
26c
28
40c
May
;
,
Feb
vv
r
Vv
-Vv7fV
v
BY
1,1
.
FEDERAL
"
1948
•
•
'l;'
RESERVE
TO
MAY
6,
/.
i
^
BANK
1948,
TO
„
/
o
TREASURY
?
UNDER
.
j
/
*.
;
4
TARIFF
ACT
•
.
*•
OF
••
**
i.
,
.
•
1930
INCLUSIVE
Buying Rate for Cable Transfers in New York
Value
in United
States Money
May 1
May 3
s
May 4
.297733*
.251247*
Closed
May 5
May 6
$
.297733*
.251247*
3.212133
3.212133
'■.297733*
.297733*
.251247*
.251247*
3.212133
3.212133
.022787
.022787
.022804
.022800
.054406
.054406
.054406
i.oooooo
1.000000
1.000000
1.000000
1.000000
.916562
.914062
.915078
.913359
.917421-
.570100*
.570100*
.570100*
.570100*
.570100*
.020060
.020060
.020060
.020060
.020060
.208604
.208604
.208604
.208604
-
Free_r__.
—
—
'
—
i-
+
;
——i;..—-
44,792,718
—194,556
+
35
.004671*
Surplus
(Section
+
—
13b)
—~
27,543
accounts
46,832
—
45,513,307
—230,850
gold
certificate
/
,
■
.Official—
1,346,949
New
-------——
Zealand, pound
6.746
8,366
•
Contingent
liability on bills
purchased for foreign correspondents
'Commitments to make indus-
- -
.
"
%
3,363
*
:
0.1V®
L
——
—
'
21
4.3%
' :
—
;
ff,S07
.205753
.377622
.377671
.377671
1.000000
1.000000
1.000000
912500
.910833
.915000
3.225000
3.225000
3.225000
3.225000
.201595
.201595
.201595
.201595
.040303
.040334
.040325
.040315
.040284
//
'v
.205753
•
Union of South
4,363
' T,ll9 :~rz.557
Closed
.091324
V
•
—-—
——
—
.091324
.091324
.091324
.278264
.278264,
.278264
.278264
.233628
.233628
.233628
.233628
.233628
4.007500
4.007500
4.007500
4.007500
4.007500
Africa, pound
V
Closed
4
,
/
.
;
<
••■■■ ■ •
.•
^
1
:
^
.
r
•
]
.
—
.658300*
.658300*
,658300*
.658300*
•.658300*
.561800*
—
—
...
*
Controlled
*Nominal rate.
.091324
.278264
Spain, peseta.-^
Sweden, krona
Noncontrolled
"
trial loans
—
88
15,142
+
'
.205753
3.225000
———
Portugal, escudo——-———
Uruguay, peso—
+
.301691
.911458
-
51.4V®
.301691
'
re¬
"
.004671*
.003270*
.301691
1.000000
''
,
}y.
to deposit and F. R. r
combined
.004671*
.003270*
.913750
Newfoundland, dollar—
..
liabilities
.301691
.004671*
1.000000
3,130
+ 1,377,291
.
4.031250
.003270*
'
.377622
Switzerland, franc.—.—
Total liabilities & cap. accts.
.003272*
.205753
+
36,329
—
.004671*
.003272*
.301691
—
.377633
+
/
■+
.205753
'
Other Capital
.208604:
4.031328
.201595
Free...
Norway, krone—
+
4.031328
(Metropolitan), franc—
Mexico, peso-——————
:
+
t
4.031171
238,977
+
1,561 V
—
Closed
Netherlands, guilder—-.—--.——-.--—--——
+ 1,508,773
—108,348
15,892
4.031250
84,334
!
2,152,742
1
—
23.22R
—
—127,512
198,025
:
20
"
3.212133
India, Dominion of, rupee—
459,989
+
'—
29,335/
448,189
note
715
.054406
;
9.983
—
439,935
(Section 7»
serves,
Feb
5,910
32
.....
'
.1' Official..'—
403,931
—
'/
.'
—
1,113,886
Capital Accounts—
Capital paid in_.
of
20%
3.15
30
63
Petroleum
APRIL 30,
■
Denmark, krone
'
Surplus
Ratio
34
„
1,377,291
•'
Total
r
50
.022793
France
notes.
-
f
!j
Petroleum
$
Fr
t
'
Czechoslovakia, koruna——
.
__
Total
\
Colombia, peso..—
577
4,567
+
45,513,307
__
deposits
Deferred availability items
Other liab., incl. accrued divs.
?f
May
125
/
2.95
.297733*
England, pound sterling
—t.
-
Other
i.
35
22
4
3.00
.251247*
Official—
5 479
12,927
+
158,939
I J. Member bank—reserve acct.
H U, S. Treasurer—gen. acct.
11 Foreign
--aLLiyU
Apr
> Apr
22
,
■
Reserve
Deposits:
37
.054406
■■
Liabilities—
;Federal
Feb
Canada dollar—
53
-
14,470
—
32,655
_
—————i—
assets
l!
30%
Belgian, franc-
—1,470,854
'
Bank; premises
.100
35
Jan
Brazil, cruzeiro-.
—1,600,487
■
banks
Uncollected items
36V4
35
-.1
—
"
Australia, pound
5,439.728
other
Jan
36»/4
36V4
/
.100 /
•'
CERTIFIED
Official:
1,620.900
+ 108,651
securities-
foreign
notes
+
6,193,118
and
'
i
Free
1,972,700
Govt,
loans
/
,_i—
V
Argentina, peso—
—1,424,475
—i—
Total U. S.
i
32
Foreign Exchange Rates
V
—7,236,640
32.800
—
—a-a-
—
Feb
—•
April 30
129,031
+
—281,450
4,226,743
——
—
:
'
42,076
+
458
—
7,858,751
i
27
31 Va
Grain v/.J.——
Country and Monetary Unit
securities:
—
100
May
60c
+•2,349,677
28,240
—
1,688
92,315
26,076
—
230,485
__
-
Certificates
Apr
31
22
2,441,992
—
'
•
20%
*
common
Noon
advances
_
Jan
•
Oreille
Southwest
RATES
f„'
3,422
—
297,596
and
Industrial loans
18
14% Mar
33V2cMar
•
record for the week just passed:
I
FOREIGN
1947
13,000
+
626,973
cash
Discounts
100
•
Paper
R.
—
Total
5,074
1,000
20
^
,
$
21,292,170
for
22
45c
30Va, > 30V4
»
——
Apr
20
V
.J
...__20
Selections
i
"
May 7,
1948
$
fund
'
Apr
2.25
45c
'1
•
—
Feb
Apr
18 Vb
45c
*
,1
Steel
11% Feb
19%c Jap
give below
since
April 28,
1948
j notes
19%
•
—
Aircraft
1.00
Apr
Va
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
'
May 5,
Redemption
200
,
147
to the
Increase ( + ) ©r
'•
"■ o'
Gold
Paper
Oil
Minnesota & Ontario Paper
'
.
20
'.
-
v
.
•::V;'
,
,.v
v.; Vr'-
Apr
46
1.50
29* r Ap?
;■; V;;
iiv-y.-iv)/; #-
(In Ihou sands of dollars)
...
;
Apr
35
42.
page
Reserve Banks Combined
'
142 146Va
20% Apr
3
Lumber.—
Langley's Ltd preferred
Jan
Statement of Condition of the 12 Federal
;•»
Jan
Jan
2.25
39
Apr
Jan
295
12%
24 Va
Feb
134
Pend
10c
34
Mar
1.50
255
:
10 %
31
Jan
19% Mar
100
1,820
5,385
Mar
24
80
'
10'
65
21
2%
46
7.50 Apr
Jab
11%
43/8
May
35c
•
Jan
18%
4%
International
Mar
24
Feb
22C
Jan
108
Feb
45 Va
Oil
7.34-
6.90
28%
1
13c
Apr
22
Mar
1514
46
V.
■
F
*
see
225
25c
7.20
•
W)
common
footnotes
24
25c
Vh'r'U--
/•
Wekusko Consol
For
y fit.
1
_
-'--y'-j
(Hiram)
Waterous Ltd
/.
Apr
Apr
6%
4%
Donnacona Paper
Foothills
Oil
r;
Feb
80
795
2
;>•
.
———100
Western
Preferred
|
Jan
7.20
HVa
2%
Feb
2
*'.
•
•; Apr
2.35
"
700
3%
*'
•
1734
'I
Apr
Apr
'
j ■
17
31
Glass common
1.68
1
.
21
Bridge
5.15 Mar
'
"
Westlnghouse
—:
»
Coast Copper
...——5
Canadian
Dominion
1,052
.
i
■.
11%
1
_—
Jan
22%
...
i
Walte Amulet'
Walker
m
--!a—l.-.
/'ij-
common
Marconi
16
v
96 Va 101 '/a
17 %
—*
...
deHavilland
8
Apr
117
Dalhousie
15c
6V2
Feb
Consolidated
5% Mar
40
Jan
;
1.95
;
734
72
__
Canadian
;
.
Jan
5,933
./•••;•
Ltd
Jan
25
Preferred
Hayes
Venturp*
t
,
May
175
J,
Mar
5c
'/2 May
—100
Jan
9c
4V2
May
6
125
48 Va
1,933
May
5c
405
Apr
10c
3 Va
125
27
453/4
7%
380
5c
116
Jan
10c
750
3%
26'/a
Apr
7%
6 :!4
3 Va
■
1141/2
12c
1.15 Mar
Jan
115
21
11,010
•2,500
2.90
Pulp & Paper com..*
Feb
13'/a Mar
Jan
20c
Canadian Funds
Apr
220
Jan
24
6V4C
•
16
10c
—.L————_.
'■
15V4
2.40
Aor
8c
May
20c
Canadian Vickers common
•
Feb
10
V
19
6'/bC
4.
50
8c
100
Mar
5c
30
V
7Va
♦
.
—
Steel
15
15%
Upper Canada Mines—
•'•.
47
Jan
26% May
Mar
5c
Mar
—*
—*
—
Dominion
——_v—
United Corp class B__—— ——*Fuel class A preferred
50
United
Feb
95
Feb
10c
lie
1
t
•
,Jan
7'/a May
7% Mar
20 Vb
15
6c
common
Canadian
63b
Apr
'
He
ce
—
4,007
99
Gc
•
Vinegars
Canadian
/K
Jan
;,98
Mar
6
Mar
Jan
12c
Mar
99
—
———
&
Canada
Mar
49
"
*•
*
Mining
,46
7c
5c
100
■■■f'■■■
?
■
i'Ov-'
1*94
7,100
57,000
—.———1—*
Preferred
Jan
94
9c
7'Vac
2634
'
Jan
10 Va
46
»
.
—a——
—•
V'
,
100
101%
Mar
25 V2
5%C
•
„
Corp
12VaC Jan
Jan
■
_
Resources
Twin City common
j \
*
_
preferred
5c
5VaC
1
common
•
Traders
97 Va Mar
8.000
1
British Columbia
10%
500
50
warrants'
Asbestos
9'/2C
ii
10c
r
10c
^
98 V8
'.A
|
t
Apr '
Jan
98
—_5
Jan
3.50
Mar
28
Toronto Stock
Jan
9
Feb
•_j»
B
Si..' V..V
./;■"
21c
7%c
22
.
5;
10
305
B
£
Jan
Feb
130
%
25 Vs
]
49c
260
'!•
mi
Girl
Feb
5 %
Apr
Jan
24'/2
25 Va
'
Preferred.——
:: 7%C''V;
«
Elevators
Toronto Iron Works
Jan
Jan1?
Apr
60c
Jan
36
Mines
Class
5%c May
71.400
25
Mar
_
Knitting, class
Class
27 %
Apr
32c
7c
■"rb'.
Tombill Gold
2.50
Mar
32
J.1-
Yankee
Andian
Vv:': 2.75
-1
—
'.
May
21
65
;
G'/eC May
263,4 Feb
Jan
1.99
233/4 Mar
45
35 Vs
—ii:
i
61c
Apr
-
Taylor (Pearson)
"
Jan
19c
Mar,,
40c
Mar
2.05
1.47 Mar %
4,500
r
Mines
Larder
Gold
Yellorex
Ymir
Apr-
3c
1.00 Mar
30
21Va
35
Combing
York
1
——
Mines—
250
21
*
.
•
j
30
Wright-Hargreaves
Jan
May
1
Sullivan
Wlnora
Wool
30
—
Preferred
Apr
Low
3,500
100
Wingait Gold
Winnipeg Electric
Range Since January 1
High
8c
—
Winchester
v
79%
Mar
10
Jan
79c
Feb
72
•
Low
*
com
Wiltsey-Coghlan
,'f
Feb; 1
5 Va
Mar
67
Jan
21
-
Apr
60c
10
68c
_.
17Va Mar
100
2.10
1
-
•/ •"
21
76%
•
.
Preferred
Apr
68c
»'■
*
Mines__—
—
7%
;
Jan
75%
76
•:
I—I 25
Steeloy Mining
Steep Rock Iron
Sterling Coal
7'/2
7 Vb
'
5'/4 Mar
Mar
49c
Shares
6 Vac
—
(Geo)
for Week
,,—*
—
Class A
Weston
Jan
100
-—i
common-s.
Apr
1.50
Mines
Westeel Products —:
Western Grocers common
Jan
19'/a
6%
5
—:
Ca'nada
of
39c
1.18 Mar
5,800
.
Mar
17VaMar
7,686
—
Preferred
Apr
57c
/
Radio class A
T
26c
Par
Maiartic
West
54c
Range
of Prices
Sale Price
High
Mar
6%
;
"/:• 'ij■
■,
250
1.42
55c
•
Standard Paving com—
Preferred
34c
9,700
19
v
1.40
(1944)—-—^.
Standard Chemical com__
Low
11.500
38c
18%
;T
Sturgeon
Stadacoma
High
32c
STOCKS—
Range Since January 1
-
1
*
—
Shares
50c 50 Vac
—
Last
for Week
Range
Sale Price
.561800*
.561800*
.561800*
.561800*
•
42
THE
(2066)
COMMERCIAL
&
CHRONICLE
FINANCIAL
Monday, May 10,. 1948
OVER-THE-COUNTER SECURITIES
Quotation for Friday, "May y
'i1
■
Investing Companies
i
Bid
Far
Mutual Funds—
Obligations Of Government Agencies
Ask
Par
.
Bid
Ask
Figures after decimal point represent
•'.>
one
32nds of a point
more
or
'
1
5.78
lac
4.12
4.51
-10
Corp
Holding
Amerex
Loomls Sayles Mutual Fund
•
Loomis Bayles Second Fund—10
6.35
-1%
Aeronautical Securities
At filiated Fund
28%
26%
1
American Business Shares.
Managed
4.22
3.85
Business
Associated Standard Oiistocka
Shares series
:
10
—S
9%
1
1
A
7.73
8.36
15.67
17.03
Inc
Fund
Axe-Hough ton
Axe-Houghton Fund B
1
1
4%
•
95.87
5
Blair
Holdings Corp
Bond
Inv Tr of
America
Boston Fund Inc
-
4.74
A62
4.21
Chemical
4.43
Petroleum
4.96
Preferred
8.77
19.67
share*
shares
•
10c
Common
Mutual
5.05
Nation-Wide
'
5.85
6.36
1
Preferred
Income
■
26.21
24.02
1
15.81
26.82
5.40
14.50
15.89
5.85
6.73
•
44.02
47.33
1
5.31
Trust
Corp
General Investors Trust
shares
6.21
Building shares
shares
Equipment
shares
Fully
5.29
shares-
Industrial Machinery
Investing
share*
Merchandise
RE
Tobacco
Income
•
Bank
Group
Insurance
shares
76c
Group shares
Stock and
Bond
boc
Group shares
Investment Co of America
13.69
_10
Investment Trust of Boston
Investors Management Fund—1
10.56
B-2
(Medium
B-3
(Low
B-4
(Speculative
K-l
(Income
Bonds)
J.08
1
&
Invest Fund
1
2- 2-48
11-
1-48
bl.60
1.25%
1.55 %
8-
1-48
12-
1-48
bl.65
11^
1-48
:8-
2-48
bl.45
1.30%
1.55%
4-
1-48
1- 3-49
bl.65
1.50%.
12-
1-47
9-
1-48
bl.50
1.35%
•1.45%
5-
1-48
10-
1-48
bl.oo
1.40%
10-1-48
bl.55
1.40%
1.55%
5-
1-48
2-
1-49
bi.'jj
Investors
Union
3.40
1
10c
>
25c
;
b0.99
0.92%
b0.99
0.94%
May 27,
1948
bl.00
0.95%
3.
1948
bl.00
0.95%
Fund B_1
10.
1948.
bl.00
I948__^_7_—>
•
26.28
Whitehall
17.02
Inc
1
p
.it
,•
81c
50.50
80c
13.89
5.28
19.55v.ii;
i
Bank
5.92
?
Attn* Casual As Surety—
..10
80 ;
83
43 ft
46
Insur Co of North
_10
49
51
Agricultural
—25
53
July
29.
bl.00
0.00%
I."'.'
Aug.
5,
bl.00
0.96%
*
8.52
21.97
10.ni
17.08
18.75
Central Hanover Bank St Trust 20
Chase National BankL^i-ii-llS-
15.97
17.17
Chemical Bank St
Banker* Trust-
10
Brooklyn Trust
5
100
6.59
2.74
3.45
1
2.78
;
Bid
I
••
America
10
Jersey Insurance of N Y
Federation
40J/2 A"; 42%
93%
33
41 ft
St
National
Lawyers Trust
41%
24%
43%
Casualty
20 %
21%
Prior
Convertible
28%
52 %
54%
77%
Public
14
n
Sterling
lo /•. 35
7
•
New
37
20
common
36
13
Recent
.14
Par
preferred
10
preferred
5
47
49
21%
Ac Lt 2%*
Columbia Gas
& Elec
Consol
22%
Massachusetts Bonding
5
26
5
26%
16%
17%
American Re-Insurance
10
29
31
National
American
lo
ID
21
National Fire
25
60
62%
National
10
33%
36 V2
Nat
Fire
Assur
Gas
Bid
Ask
1977
96%
97
100%
100%
;Merch & Mfrs Fire N Y
Casualty
4
(Detroit)
6%
-
.7
2%s
1968
1967
ft
City
Liberty
10
26
4%%
102%
7%
6%
7%
32%
34%
Louisiana
26%
28%
Mt
10
27%
10
41%
New
Continental
New
74
New York Fire
Oum St Forater Inc
19
21'/a
79
10
Casualty
Casualty
Brunswick
81
10
50%
Hampshire Fire
20%
44%
12%
14%
22%
24%
6%
7%
5
Northern
12.50
/ 52%
Pacific
Fire
Indemnity
Pacific
31%
JO
68
71
10
52
Fidelity St Deposit of Md
20
151
157
Tin
10
52
55
Fibeman'* Fd of San Fran
Firemen's
Franklin
of
Newark
10
104%
Providence-Washington
Reinsurance Corp
Republic
107%
Revere
Seaboard
21
44
Hanover
Hartford
a
com
15
15
5
10
Fire
10
Hartford Bteamboller inspect.io
Fire
28%
261/4
5
preferred.
Edison
S'western
89
Swift
4%
26
Pow
& Lt
4%%
pfd_100
33
San
Diego Gas & El 3s
109%
101%
4
England
% %
Okla
102%
103 %
St
Toledo
West
5%
28
—10
Bell
Co
Tel
76
3.70%
100
101
47 %
Edison
Penn
Co
Public
101%
26
102%
103
1978
3s__
Power
99
102
•
■
Carbon
,4 % %
46"
Stocks—
Bid
1
50
of
100
New
Mexico_7
1
Co.—
1
%
81
15
»
99%^
12%
T
100
•
•
•
% '
w-rfv*."
*
99
»
Transmsn
Co
Gas
■ i -lit
1i
pfd__100
preferred-
54
r.-
15
-
V
92
•
.
51
V
;• ™
13%
.
' "X ;
: i>.i;
96%;.;
98
13:.'/
13%;.'
»
100
102%
Par
'•
*
>04%,;
89
100
pfd
preferred
Tennessee
,
98%
103%
flndiana)-r-
Service
Speer
103 %
100%
1977
97
pfd—_100
•
103%
1%
American Cladmetals..
28
44
J 00
5%%
Electric—
—
100%
2%s
50
10
Ei
preferred
3.50%
I'k"
1973
—
•
Texas
Eastern
Ask
West
1%
Corp
Transmission
"A"
$5
preferred
3%
l
Disinfecting
common
8%
14
/
06% />
•
—
—
13
50c
99
\i
..ri
,,
79
10
&
Public Service
3V8S—1983
274s„
'
Elec—
&
preferred
Gas
23%
12%
Gas
Pitney Bowes 4%%
•'
1978
V 10. vZ
100%
101%
1977
91%
■0%
100
Pennsylvania
1978
3%s
90%
i
V
83
108 %
99
101%
I
'
108 %
107
Tucker
2
10
St Paul Fire St Marine
81
Solvay-Amer Corp 4%
52-%
31
100
pfd_16©
Monongahela Pow 4.80% pfd 100
■
101
1978
3Vis
Ask
-
102
14%
21%
10
American
(Paul)
13%
10
2nd
( N Y)
20
General Reinsurance Corp
Groat
3s
1978
86
4%
98
1978
49%
10
(Texas)
5
Gibraltar Fire Ac Marine
Gtau Fall* Fine
Globe St Republic
Globe St Rutgers Fire
—'
•'
5
Fire
~
Bid
Power—
Kentuckv utilities 4%%
k„
Philadelphia El Pow 2T/aS
108%
4%
Electric
103%
100%
3y8S—1978
'A,
102%
5
1977
3%s__1978
Potomac
78
56
Co
rhoenix
3s
Lt
Public Service
10
Preferred Accident
Phfla
10%
575
Ind'polis Pow & Lt 5% pfd__100
97%
102%
Tel
.
10
31%
29>/4
of
&
Pacific Pwr St Light 3V4s
25
29'/a
Assn
Ohio-Power
>.
&
Tel
82
•
Federal
Pow
States
•Ohio
•
5
Northeastern
Kentucky Utilities
x
2.50
River
10
Employees Group
Employer* Reinsurance
76%
545
100
New
2
77
.5
Life
41%
9%
100
.preferred
Florida
105
46
2
71
lo
York
General
12
Trust
Bjrmingharn Elec $4.20 pfd
97%
/
Georgia Power & Lt 3%s—1977
Iowa Power & Light 3s
1978
27%;
43%
104
96%
5
Amsterdam
25
Fire.
of New
92
73 ft
Par
Appalachian
100%
96%
1977
Firestone Tire & Rub 25/«*—1972
ite;;
National Union Fire
North
Camden
42%
39%
25
Harbor Plvwood
lo
10
■Connecticut
States
232
*: i
89
Trust-17%
Stocks—
101
Delaware Pow St Lt 3%s
New
Shipper*
St
52
J-
40%
25
Bank
National
'
Security Issues
3%s__1973
Cudahy Packing 2%«
28%
St
7",
%
«9%
50
226
Trust
Nat'l
United
28
Merchant
13%
Boston
20
12%
Title Guarantee St Trust
1,320
■Ufa'-
40
1
19
Banker*
York
46%
100
National
74%
100 1,200
Bonds—
12%
6%
16
1,550
105%
12 V8
2ft
285
15%'
25
Morgan (J P) & <Oo Inc
Jity Bank
25 V*
10
Ask::
27
101%
17'/a
Automobile
276
10
—100 1,500
Manufacturers Trust GO—
Trust
Bank
—100
Ask
7 :>■170
43 %
^
50
Bank
160 /
195
100
Guaranty Trust
Irving Trusi.
Kings County Trust.
112
Bid
100
National
Z*
11
Baltimore American
Trust
Grace
30
lo
Firrt
Equitable
5
American Fidelity & Casualty.5
American of Newark
2ft
American Surety
v
■
Par
Fulton
343
90%
Exchange Bank St Trust-20
Arkansas Pow
42%
Reserve
1948
Ask
25%
107
»
TrurtlkuSS^Oi
Empire Trust
7.00
2.42
•
20
Corn
5
Maryland
American
1948—
City Banks & Trust Cos.
328
9.82
56%
f
0.96%
24
^__100
i
7.79
Par
Home
-10
American Casualty
0.06%
Companies
Aetna Insurance
Aetna Life
39%
0.96%
bl.00
Bid
Manhattan Co—10
Fiduciary Trust
,
Ask
4
the
20.10
Share*—
Series 1956
Insurance
American Automobile
of
Bank of New York
1
Trust
0.96%
0.95%
Par
•
1955
0.96%
bl.00
bl.00
New York
—
2.50
Amer
Series
1948—-
89c
Shares-
E
8,
—
Continental Bank & Trust
North
Series
July
7,00
6.39
73c
47.50
Type Trusts—
Trustee
bl.00
July 1/1048—.
■
0.06%
mr
10.27
Unit
blM
w-
mm
Commercial National Bank St
Trust Co
Diversified
^
june,24.
•:
■
18.57
Fund
BHIs
bl.00
1
Fund—1
1.50%
V
17,
1
Stock
1.45%
.July 15. 1948
July ,22, 1948—-—
1
r 49177
»,
21.51
Investing Corp
f
^
May 13, 1948
May 20, 1948
1
Preferred
Street
Bid
Due
f
11.721 k 12.13 m
2ft ;/
Dated
Rate
A
;J
28.26
,
—
Common Stock
24.09
I
1
1-2-2-48
June
16.32
49.77
Amer Shares
Wellington Fund
«/2
1.05%
10.40
3.11
Inc
28.87
Bid
Ask
1.20%
Vj
26.28
I
*•
Bid
f:
14.72
5.40
10
:
>'■-
16.18
Independence Trust Share*
American Alliance
9.04
14.40
4.83
.0298
bl.40
United States Treasury
6.24
12.73
.0261
1C0^0121
bl.35
$
17.88
1
-100.0101
I
1-48
25
28.84
Par
:
8
15.49
Stk)
1949
1949
1-48
Doe
June
8.29
1
14.20
com
0
6.86
Fund
26.44
Fund
1,
1,
7-
zt
Trading
Stks)_l
Priced
6.36
B
18.50
(Low
Mar.
Apr.
15
9.49
,
/ S-2
(Income oom Stocks)
1
8-3 (Appreciation com Stks)_I
8-4
tl%s
tl%s
s
6-
20.14
12.87
C
9.40
.0100
2-47
f
7.56
-
,
Union Bond Fund series A_
24.00
Knickerbocker
9.64
Series
16.96
common
( ««n
Series
22.06
Stocks)
.0102
100.0041
v
5.80
Trusteed Industry Share*
15.00
1
{Quality
pfd
100.0040
1-47
Dated
84C
(Appreciation pXd Stks)_l
K-2
«-i
Bonds
.0301
t
10.95
7.75
Bds)—1
1
Grade
Priced
.0260
<
100.0156
t
11.15
12.67
29.41
27.59
100.0131
^
^
7.07
1
.9940
99.9822
;
1949
1,
j
9.04
11.74
Street' Investment Corp.*
State
Wail
Bonds)
Feb.
9-
1.35%
6.26
(Geo)
Belefcted
Union
(Investment
13.99
8.25
,1, Fund
Keystone Custodian Funds—
B-l
K
oct 1, T»i» Series
tl fts Jan. 1, 1949
Hfts
1.25%
11.93
27 05
~
.9936
1.20%
I
9.99
equipment
Sovereign
03
12.05
10.17
Standard Utilities
—
.0100
99.9818
10-
Rate
|
11.56
—
Berg Fund Inc
Scudder, Stevens & Clark
Ltd—
shares
stock
11.29
8.25
Russell
'
Group
Ask
Ask
100.0043
1.15%
v
12.77
Industry
equipment
Steel
Republic
1.74
Q
Bid
Scries S
tls Oct. 1, 1948 Serfs J
1.15%
;
9.78 A
11.98
-
10.89
Utility
Petroleum
24.98
i
v
>f'S, ,<
18.38
Putnam
4.86
1.70
10.58
11.00
>
stock
Tobacco
5.40
23.11
V--. •'
-
Institutional Securities
Aviation
.-?,
4.29
B
Investors.^,
*
.0222
»
100.0132
June
5.57
10c
Foundation Fund
Incorporated
|
10.64
Railroad
5.77
4.50
Inc
762 5 3
Federal Intermediate Credit Bank Debentures
>
6.98
8.02
-
Railroad
4.96
4.97
shares
100.0125
Bid
;■*—
Tt0v 1.
;
9 07
10.93
——
1
Public
2.77
3.94
shares—*
Utility
Howe Plan Fund
Oils
9.51
5.81
shores
shares
Stem
———————
Pacific Coast Invest Fund
6.12
4.56
lft%
.f.-'/.T'-*
/£
11.54
>
6.37
0.65
——
Metals
8.28
8.77
-
Merchandising
8.72
2.64
shares
.9935
N
10.53
Insurance
7.27
5.13
stock
-
-
Machinery
10.15
5.64
Equipment shares
Railroad
Inc—
8.28
Diversified
8.35
7,63
shares
Bond
8tocks
Electrical
5.75
8.04
shares
Railroad
York
Diversified Investment Fund
8.37
6.70
—...
99.9816
Indebtedness—
"
Maturity—■<-.
16.13
Diversified prefeired
8.51
9;67
Mining shares
Petroleum
15.04
1
Corporate bond series
6.91
7.70
shares—
.
7.27
4.14
11.37
7.72
;———
Price
'
7.86
—
bond shares
Institutional
Low
6.37
10.49
—
shares-.
bond
121%
"
8.90
—
Administered
>.
f
4.26
Bank stock
6.82
—
|
6 04
6.65
Aviation
6.74
8.21
3.83
3.70
Automobile
7.92
6.28
—
Electrical
Series
Agriculture
5.69
7.30
—
Chemical
Stock
Building supply
Aviation shares—
120
^.1690 X.Z *Certmcauea of lndetotedneea—
100.1586
Xftt June 1, 1948
tftt July 1, 1948 Series F
*%s July 1, 1948 8erie» G
5.11|
3.50
5.53
t
-
Price
Ask
,
of
Certificate*
f
4.68
-
Chemical
Agricultural Shares
»61
v;J.-••>;•"
1%
fOet.
7.83
3.90
New
1•'
Group Securities—
General
Series
1%%
15, 1948
1, 1948.
IJan. 1, 1949—
18ept.
7.27
7.16
Bid
Int. Rate
7.36
6.65
Series
Series
New England Fund
6.11
2
Fundamental
10.14
Selected Group Series
32
Shares A—2
Investors Inc
1
Dollar
14.58
9.38
Low Priced Com Stock Series.
2.12
1.94
30
10
5
Corp—
Boston
Mutual Trust Fund
Food
Bond
Stock
Industrial
16.90
24.81
Automobile
13.58
1
Stock Series
Fidelity Fund Inc
•
Financial Industrial Fund Inc lo
Capital
1
Corp
Speculative Serle*
First
Issue*
15.85
6.73
Priced
Low
/
General
14.50
series
Bond
1.61
First
190.2
U. S. Certificates of Indebtedness
13.10
Security Seriaa—
-
16.55
1.46
Fundamental
100
100.22
>. .fi;
28.40
12.12
share*
National
145
140
15.31
Fund
1949
l
Maturity—
Investors
Eaton St Howard—•
Balanced
15,
Other
8.22
26.27
10
Inc
National
2,950
1
Stock Fund
r
100.6
■Panama Canal 3*—
Securities—
Balanced
-
14.85
13.73
,850
Invest Fund
7.50
1
1
Fund
Mass Investors 2d
32.08
250
Shares
Dividend
.Ask
loo.
99 29
100.2
Manhattan Bond Fund Xne—
17.95
—.....1
Fund
Delaware
Rid.
1946
1949
4.85
3.95
II
Commonwealth Invest
100.10
—
IS,
20,
l%s Apr.
i-
5.47
4.40
17.96
com—loo
100
Securities
97.24
Sept.
Jan.
98.24
*
4.88
Paper shares
Steel
29.83
Fund
Christiana
97.12
98.12
l%s
1%S
.
1
T
Metal*
Non-Ferrous
99.86
•
8.76
_1
•Century Shares Trust
100
Loan Sank*—
Home
f
3.82
1955-1953
Federal
4.94
4.10
Ask
99.22
1953-1951
ay*a Feb. 1,
3.88
4.30
4.48
Mass Investors Trust
Ltd
3.52
,
Bid
1950-1948
1952-1950
1,
1%S May 1,
1%8 Jan. 1,
share*—
21.04
.>
16.60
_1
Canadian Inv Fund
4.53
Bank Bonds—
Federal Land
'
Bowling Green Fund Inc—100
Broad Street Invest Co Inc—8
Bullock Fund Ltd-
4.11
share*—
Home Furnishings share*
3%
3
4.01
Equipment Shares—
Industries
General
5%
10.46
Beneficial Corp
i
1%* Oct.
Equipment
Electrical
\
■
47.61
3.64
share*
shares
Drug
-
100.15
Funds—
Automobile
.
98.15
46.44
>
8%
19
Security
46
9%
Standard
30%
Accident
10
29%
28%
118
32%
y---;
v
a
Odd lot
included
Travelers
■'
100
U S Fidelity St Guaranty
U S Fire
U
S
Guarantee
Westchester
Fire
Co..2
4
555
50%
51%
in
-31%
change.
81
30%
26 %
j
Haven
23
76
29%
114
Surety
New
Springfield Fire & Marine.—_10
570
"52%"
:
^
T J
■,/ /./
(not included in year's range),
year's range),
eEx-interest,
Admitted to trading N.
n
dividea\d.
z
sale
(Un) Unlisted Issue.
!
Ex-stock dividend.
f Flat .price._
Y. Curb,
wdWhen
;
•
;
b Eig yield price,
r
Cash
sales
delivered,
"
'•
k Admitted
.'
w
d Deferred delivery sales
listing
to
included
(not
i When
in
issued,
**
x
on
73%
77
33%
.34%
....
""No
.dividend.
par-value.,
,
y>-'
tin
..
defaailt.
'
'
JThese
bonds
/ ■'
are
subject
-?*'•
to
all
Stock
(not
Ex¬
year's range), t Ex-stock
Ex-dividend,
,
-■
.
54%
10
2.50
Y.
N.
Federal
•
taxes.
•'
;
,
yEx-rights.'
/./■
TiEx-liq updating
-
Volume 167
Number 4697
THE
COMMERCIAL &
FINANCIAL CHRONICLE
(2067)
Week Ended
May l
THE COURSE OF BANK CLEARINGS
v
■
.
ms
■
clearings, this week will show
increase
an
compared
with
a
year
*
ago.
Pennsylvania—Altoana
us, based upon telegraphie advices irom the chief
cities of the country, indicate that for the week ended
Saturday, May 8,. clearings
for all cities of the United States from which
it is possible to obtain
inary total stands' at $13,827,518,888 against $13,051,793,050 for the
1947.
At this center there is
loss for the week ended
a
Clearings—Setnrns by Telegraph
>//>-/■'';:
Week Ended May 8
New York.
a
/
•
•V
•;
'k. f \ k
'k>k "-V
/kkik"
;
-
•
'•kk'kf
,7
1948.
V
»
„
i
Philadelphia
.
:
Boston
i
.«
i—
-Y
,
Kansas City
-V
Pittsburgh
"•/k'./'k
A,.;://
„
:
Raltimoro'-■
••••'-
V/,
v.,,.'/
Tencitiesi five days....v....
i:
//Other, cities,, five
221,030,723
2,251,510
2,338,596
7,590,850
2,187,202
6,992,277
+
8.6
8,481,015
6,857,076
8,699,301
1.951,309
6,590,463
+ 26.6
5,552,858
12,700,900
895,245,585
873,567,589
+
2.5
841,744,917
753,369,599
7051,400
147,580,059
285086,077
+ 17.5
+
4.9
4,849070
126,443,349
241,708,780
28,565,400
230,595,927
23,510.300
+
21.5
28,947,400
4,551,833
19,097,300
3,806,114
+ 190
5 40j 432
3,247059
5,278,936
2,718,899
+
2.3
282011037
4,512,960
273,804,763
+
3.1
242,777,383
3.974,332
272,727013
792,220,995
746,717049
+
6.1
652,486001
657,105,478
•
.
1
8,283.626
163,650,295
Mr^ISH"
Mansfield
+ 37.7
,/
205,507,475
$10,744,678,404
Pennsylvania—^Pittsburgh
Total (7 cities).
■/'•/•
' .•/
+ 37.7
149,249,901
$10078,894.753
2065,108,445
Hvk/;, c
.
West
60
+
'
1
'
•
Fifth
"
:' 2,374.563,330
days.»i.t>._i
1.3
+ 21.5
Youngstown
+ 40.4
304,273,767
/
...;k
Federal Reserve
%
...
;*
'
.
f.. /v /
.4
.V
.
?
.
:>
Vi
.
District of
.5,9
+
isstie-of /next week/ /We eabnotfurnish them
chit
•
as the
198,399098
82,413,035
386,670,053
>
.v
i•; ended May 1.' For thai week there was an increase
k clearings for- the whote bbuntryhaving amounted to
week previous—the
of
same: wpek in
k ; the bank clearings
»*
5/
Seventh
c
%
■
'
'
i
i'
T 1
«L
*1
>•
'
'/
'
i
J
^
t
rr
v
^
t
*
i
'
'*■
''
»*
}
r,
k
'
,
'
I
'
'
?,
I.;
.v' >'k/zk//-/- -/;/••.
Week Ended May i ;*
t
,
•
1948
,
k
federal Reserve Districts-
1st
Cities
2d
k
New
2d
k
Tork
12
."
11
1947
6
8tU* Atlahta.
"
j
5i-
0th
•
' f
S73,567,089
746,717049
.+
361,740,293
k+I
792,220,995,
k
385,670,053
533,816,715
+J1.8
*
0.3'
798,813,869
"
444,474,150
404,701,354
+:
9.8
357,553,816
334,730758
289,118,740
+15.8
240,757,432
463,980,307
4117377 07
+12.7
348,686,096
"
276.825,756
219,600,204
+25.8
195,424,910
12th
San
10
M
729,127,842
€24,955,511
+16.7;
564.759,145
'
•Outside
I
.in-,
,
112 4JiUes
.
iiin:..
„
New York
^
'
.
kWe
^
^
now
4
'
*
6,625,671,174
l'
....
'V
1
statement
^
*
\
Ninth
>26,244,609
.
13,841,486773
11,823,196,992
' 5,571,114,901
North
4,980,559,106
<r
$
first Federal: Reserve District—Boston—
''
^
'
js
Inc.
*
"
**
*
*} *
1940
or
'
1,481,985-
.4.127717'
ft,835,968
,
1,443.658
-
+14,6
972,169'
1,384,€72
i 7,349,929
*
3,387,479
-
k '
0761,547
—-r-.-
l"
>+; 3.6 '
1,317,801
+10.1
;
y#rk/-.
Newtork—Albany
k^,
- • ;>
-
I
2,598,844 /"
10,288,752
BinghamtOU
Buffalo
'
-
„/r\,"k
;
1.516,878,
kkk"k k'.
3,481.216
.13,770,953
17,867,561
J
Connecticut—etamlord—
Newark
Northern New
,/k
17,365,300 *
1,161,045 ;
2,597,540
—
631029,337
547,914,493
2,150,581
2,064,402
7,434,871
2,530058
8,705,221
+ 15.5
7,777,394
4,187,317
+
8.1
3,870,588
2064032
+ 11.8
:
914,866,757
+
2,530,785
2,288068
798,313,869
694,391,520
218,100,000
80036,953
198,300000
57,364,559
0.3
45,631,966
:
261,700,000
239,900000
+
9.1
105,866,753
....-
>96,401,501
+
9.8
66,713,708
1,759,010
1,686,145
+
4.3
404,701,354
+
9.8
5,175,691
199,105,823
+ 11.4
4,624,737
3,814,503
+ 19.8
162,456,593
142,746,930
6.2
58,710,188
49,911,785
-
■
-
.......
Reserve
-
+ 12.6
76,179,329
1,252,304
1,223,556
357,553,816
15,408,900
■
>
..
' 321,334,851
/ >.
//
1,819,652
+23.9
k
/kk
+13.1
(
/
+ 10.2
/
+27.0
k
-
/
1.546,256
16,220,673
>>k 10.841,858'
12,456,468
k
•
;
;
>
;
10,265.996
719,541
699.532
41,934.564^.
—
1.9
+21.3
+
2.9
1.330,476
1.485,836
/
'•
1,643,830
6^842,637,796
/
.14,288,580
k
6,933,169
9,726,489
<
766,283
'
k/ k
+
4,681,321
+
0.3
+
21.9
2,188,120
2,399,378
+ 31.7
2,364,073
1,495,351
7047,023
+
0.1
6,456,110
./ 5,266,154
+15.8
240,757,432
207,956,948
,1
.
,,/ /
;:
7052,464:
;
.334,780,758
-
./-\/:'■/'->■."/////'/.'■' Zl:.
289,118,740
3,957,661
:
'
8,683,039
.
^
702,082
42.149031
—0.5
33,035,969
Jersey—:—iLlzZTTTTv:^576.50(T"'/"/fe,722,^411
// *37.985,123
' +*1.8
4 4,2 90,82 8
7,477,875,550
Hastings.*
'Lincoln—
•
686034
....
.■.;/>
.....
388,187
'/■/. 552,546:;
6,547,386
-
562,351
7,004,878
109031033
+ 76.7
+
326,169
J. 523,145
223,128
6.5
4,559,348
4,275,044
2.8
—
—
90007,198
800 75,807
.
1.7
s
+12.6
360,323
5,724,760
4,541,288
+ 26.1
4,565,489
13,197,176
311,513036
2,947,637
9,416,818
+ 40.2
268044,605
+ 16.2
7,355,940
231,534,983
209,995 035
«-*/;/>. 10040,749
10,297,140
3.3
6,517,566
5,798,244
1,350,995
986,729
+ 36.9
1,336,160
1,133,242
1,628,960
1,463,878
+ 11.3
1,360098
901,903
463,980,357
411,737,707
+12.7
348,686,096
313077,536
5,817,328
8,005,993
—;27.3
227.676 000
....
176,745,000
20,561,390
+ 28.9
*/
......
!
-
Eleventh Federal
Reserve
+
a
7,358,173
District—Dallas—
Texas—Austin
v:
-
Fort Worth
25,882,793
Galveston
/
Wichita Falls....
A
,
.
-
}•{*''
r
13,740,656
4,495,600
/ 3,211.000
/.
4043000
3,517,266
2,581,697
+ 36.3
2,081,105
8.160014
7063,124
+ 14.7
6,233,605
"
V
5^31,755
'
219,600,204
+25.8
■»
Total (6 Cities)
:
//>/: ' ■..■'//.>
•=■
:1
+10.5
'4
1,631,014
:
5,884,830
n
276,325,756
>•
3,205,065
122,454,000
16,625,637
*■"
:v
*;
:--J::
6,429,969
159,569,000
+ 25.9
/
J.
.....
Louisiana—Shreveport
Twelfth
Federal
Reserve
•
195,424016 '
*
150,126,565
'
District—San Francisco—
Washington—SeatUe
113,317,866
92,403,900
+ 22.6
2,997,480
3,441,618
92,512,723
—12.9
,145,963.893
+ 57.8
77,778064
79,269,491
48,929,746
43,847,803
+ 11.6
33,125,506
27,808007
9,641,394
—16.4
>■•;>■
....
Oregon—Portland
/
....
Utah—Salt Lake City
California—Long Beach.*..
./ Pasadena..
*
-
'
*
Santa Barbara
>
-
;
—
"
7,501,584
7,005,875
+
7.1
355,885,228
+
7.0
10,817,130
83,740,403
,
-k Total (10 Cites)
9,165,572
3,522,221
7.529,177
8,469,051,667
7,054,663,469
outside
New York
624055011
13,873.908.301
;
—
2,277,169
.
8,522,661
9,204,488
6,417,49-1 U!
334,321,441
H
-5073,854
>808,349,600
>
*
7,810,005
729,127,842
*
80,177069
3,235,404
'
380,798,991
3,427,979
—....
...
Z;
-
—
San Jose
Stockton
8,063,168
—
San Francisco.*,
Grand Total (112 cities)
6,639,921,417
1,625,183
//:; /x/kkkk
'•
+ 180
—
—
8080,254
2.7
5036,491
12.516,328.293
6,625071,174
6,107,340,916
'
6,615,124
3,198,930
29
44,899,610
Total (12 Cities)
3,097,042
,
Tenth Federal Reserve District—Kansas
City-
Yakima
1.300,559
9,922,028
) 16,046,124
///
67,892,000
:
f
k
8,270.371^72
'
68,111,885
•
2,597,619
//v^k"///';
jgx 2,225,667
66,166,253
:
72,352,537
.23,472,414
2,974,057
/
+^9.4 <
5,764,081
238042,264
...
Dakota—Fargo
Pueblo
736,010
12,939,452
—25.3
.
District—Minneapolis—
Dallas
■/
t
—69.4'
444,474,150 '
,
j
Total UO Cities)
6.961773
'?X'•''*-;A'-'f*''•••')'4'\
6,408,987,377
7,248,237.127
—^„_//;
Jersey—Montclair.
71,863,712
'
2,254,868' /
'i
8yracuser._
New
0.9
0.4
+ 10.0
—
'
Leais—-A■•;?//:H
Colorado—Colorado Springs....
■
19,377,810
/
f
*
"
25.322,803
,
,78.653.494
New York—
'
518,247
8,462,803
902,789
4,527,331
5,083,816
23,376,062
•
r
—
3,505,650
.
"
■y'y:::l f kkkk
kkk h \
'j>:^:'/;'k'-v''.iV+Vh"$S-C&»-:•
iecsnd Federal Reserve District—New
Rochester
+
716,589,107
2,585,967
/ 3,203,101
t
>
Missouri—Kansas City
1,491,505
'
9,074,441
£•:
r:
17,609,036
9,748,285
.28,943027
75,148,387
St. Joseph.....
-
I
23,402,847
•
X.;
•,
Wichita
^
fotal (12659,556,635
495^84^57
+12,9
512,534,538
-426,856,037
'/■/;>
>. /» '•//' ?■
:*'k
Elmlra„^_^
2,438,394
1.7
3.3
—
.12090,146
1,008,631
Kansas—Topeka............
513,043
,
.
.
5,905,387
-
1,121,870
;
4,461,734
.
,
27,400,200 : —12.8
1,450,934
;
651,300
:
9,699,201
•
2,018,215
+18.1
+11.0
23,899,000/k
-
1,378,871
,
8.7
+
4,717,432
23,646,589
10,051747
Hampshire—Mai«:hesWk—»-k, k
v./: lfalhestown ,^.kt
2,738058
3,480,439
3,620,210
4,694,521
-
1/888,210,074
-
,
5,569,427
//R^ode Island—Providence^
;
4.9
,
//>■/■■ 917,638,339
Nebraska—Fremont
/
1,058,795
•
-
+46.1
+28.7
26,24M81
.
\i\:;;/Kew-Havea^U^^kk.—
.
€66,466^
1,781,332
Worcester—
«
39,916,432
Gmaha_..l...i-....-...—> 112,136,715,
*
4.190A41
(
,
k
1,356,274
'
441,581,284
7.6 '
•+.
1,554.878
Oonnecticust^Harttprd—
'•
9,942,146
44,552,003
710013,689
;Helena....—......_._...._..^.
^
v
;
+14.9
'jgpringfleld..y,,.
•
10,593,812
+ 100
'
10,054,421
Total (7 cities)^.
$
1
4.6
+
413,317,817
:
"-J ;>7
+ 11.7
47,108058
i
3,165,625
j
1945
-$
'
475,002,945
-
New Bedford—
:
5,403,895
33,707,000
3,644,912
.
South Dakota—Aberdeen.......
.
Dec. %
"
-
1,550,578
•
:~™«,.„/k
Matsachusetts—Boston».^._
New
3,969,655
39,481000
1,109,112
:1,
■
fnU
I
8.7
0.8
+ 14.2
13,233,811
/
...
640,133
+
;
3.5
—
Montana—BilHngs.^—"""8,159,260
,
-
>
3,692,520
+
........
St. Paul
-
8.5
+
^
1947
$
.'k:
5,823,170
3,576,502
5,286,895
II,845,330
12,271083
Federal
>/:'///,■.,''
1948
•
Portland
;
742,450
7,987,353
2.0
—
5,765,118
46,848000
1 1
......
—17.7
;
6,037,566
■
3,308,451
29,423,942
Minnesota—Duluth......
Minneapolis
Week Ended May 1
k
417,143,507
5,123,305
...
"Total (4 cities)
showing the figures for each city for the
;
//-■:'
ftaplds
Illinois—Qulncy.
150,126,565
+ 10.8
6,107,340,916;
.
'
"
add our detailed
Clearings at—
515,124,811
>
6,264,061
47,234,000
Z
........
week ended May 1 for four years:
t
76,821,419
4.943,704
Tennessee—Memphis
313,677,536
*
»>":.■■■■-»
«■; 1.1.1...
13,873,908,301 .12.516,328,293,
1
r
255,380
99,735,992
207,950,948
"
"
•
I,705,543
-
321,334,851
0
■
4,713,415
468,666
9.6
10,117,248
/
k' 52,103,903
Springfield...
694,391,520
7
■
1,404,355
ko,919,242
Missouri—St. LoUls.ii....^..,..^.^,
Kentucky—Louisville
'300,326,873
+
10
/Total
/.
.
Eighth Federal Reserve District—St.
753,369^99/
914,866757
...
:
6,031,420
—23.2
+11.8
—
Total (17 cities),
" 917,638,339
Dallas^.
{</,
0.5
—
399,188
2088,190
59,159,313
District—Chicago—
'
/f Peoria...
ft.
"
Kanjehs Clty^-^.
i
8.0
533,816,715
1945
17
Francisco^
2,646,730
58,649,039
+
Sioux City..
4i7,1430O7
Itth
.
3,985,193
2,882,285
79,688,599
78,301,889
9.5
—
101,973,192
f/,; Rockford
515,i240llf'
10th
:
Reserve
Chicago—
Decatur..
4
Minneapolis
•
14,357,253
1.0
—
—
6,359,822
306,445
.
10,964,177
—13.7
3,425,858
111^788,756
;,v
Hlinols—Bloomington.i..
057,105,478
345,048,'965
'
4,498,171
.81,792,350
90,394,515
•; 6,327,055
1
•
Des Moines
7,054,663,469
•
'652.486,601
8.6
41052,768
157,400,000
+
426,858,037
512.534,538
841,744,917
6.1,
49,566,590
183,500,000
.
:
'
8,469,051,667
2.5 " *
+
300,326,873
.
30.3
...
V
V
/
*
j
Wisconsin—Milwaukee.
.
>
345048,965
f
r
"■/ 597,062,281
Federal
Iowa—Cedar
-
-
ft
*
+12.6
6,639,921,417
'
597,062,281
Louis.
9th
,Dec. %495,584.357
+12.9 /
,695,245,585
.
1940
Inc. or
,
O0
+ 14.0
....
South Bend
A
ft'
7,477,875,550
.
JlJ.
tth Chicago/-—-,—
,
ft
559,556,635
"
Cleveland—
5th Richmond
i
"
*
'7
Philadelphia
k *'4th
•
'
861,740,293;;+
+ 24.7
Terre Haute
bijmmary of bank clearings
•
43,729,231
12,708,217
Indianapolis
■A
3
•,
•/:
169,322,936
58,202,751
54,965,402
177,300000
Indiana—Fort Wayne
16.7%;
'
2,274,418
175,782,976
4.9
83,184 090
Michigan—Ann Arbor..
Grand Rapids
Lansing-
In: the, Kansas City Reserve District the increase^ is 12.7 %, in the Dallas ReDistrict of 25.8 % and in the San Francisco
Reserve District pf
\In the following; we furnish a summary by Federal Reserve Districts:
?; //■///;
:-k':'*:/; k-'k'
'
•
3035,590
6.9
+
the
group
15.8 %;
serve
>
Total (10 cities)
vj' v 11,8%. The Chicago -Reserve District has managed to enlarge its totals byO.3% /
..tfce jSt. Louis ReserveDistrict by 9.8% and the Minneapolis Reserve District by
*
74,327,277
-
Jk delphiaia ReservezDi^ietbfJ The Cleveland Reserve District records a gain
Jf/of 6.1 %, the Richmond Reserve Distrkt of 6.6% and the Atlanta Reserve District of
•
8,987,000
97,048,045
+
■
Louisiana—New Orleans..,
District of 12.9% and in ifce Phila-/
■
1,686,011
7,912,000
9.5
+
14.493 403
Mobile
cities according to the Federal Reserve Districts in which they are located and from
this'it appears that in the New York District
{including thte eity) the totals show
animprovementbf I2;6%»in theBoston Reserve
/
2,167,603
—13.1
,>
231.100000
//■/./: 3,881,181
3,393,078
__/
74,036,389
Mississippi—Vicksburg..
5.0
—
68,556,884
T,^.:
Alabama—Birmingham...
week
3,700,275
124,291,182
+ 12.9
——.
10.8%,* the aggregate of
gain of* 13.1%. We
a
District—Atlanta—
Nashville
Macon
1947.? Outside of this citytherewas a gain of 8.5%,
^his center having recorded
Reserve
Florida—Jacksonville..^
$13^873,908,301 against $12;510,rr
k 328,293 In the
k,.///:,"■,.//;
Georgia—Atlanta
Augusta..
Accordingly *in the above, the last day of the week in all, cases has to be estimated.
l::-In Ihe elaborate detailed statement^however, whkh we present further below
\\
3,'299/777
Columbia—Washington...
Federal
2,638 0 88
11,307,000
Tennessee—Knoxvllle........
ends Saturday-and the Saturday figures,are not available at time of
going to press.
J k we are able/to give final and
complete results : for Che
Sixth
+ 10.9
99,777030
2023,414
185,600042
59,494,119
*
:kk/k kk;:.v/\;' /■'-
the foregoing will appear
t(klay,-inasmueh
4,577,893
1,202,551
''
9,830000
Total (6 cities)
V
k*
109,221 611
Carolina—Charleston
Maryland—Baltimore
8.0
907,789052/ —22.0
$13,051,793,050
Complete and exact details for the week covered by
'.'J;in
v
one
Total all cities for week
<
'•;+•
'
2,506 532
:
South
v;
.
i4
$13,119,241,734 $12,144,003,198
<•■.
.■
^
'//.All cities,
t ;>/
;:
/ Total all cities^ five 4ays.„-._»
+
"
District—Richmond—
Virginia—Huntington..
Virginia—Norfolk
+ 15.0
'•
-
.
Richmond—;
,
2,116078
719,000,000
2,230,397
3,675,503
2,333,787
4,130,878
+ 19.2
212,051,498
;„4.«
812,000000
2,374,302
2,364,682
Cleveland
8.4
272,808000
4.3
+ 27.9
+
Fourth Federal
Reserve District—Cleveland—
+ 14.4
325.232,000
20
+
4,226008
5019,446
°%rFantSn
Cincinnati
+ 24.0
'>■ //"•
" / ""
/
+
218,500000
m
—
Cleveland
■■
i
.
407,073,517
221.185,469
252,976009
2,785,563
+
2,832,417
..—•_
New Jersey—Trenton
400
441,202,125
—
+ 17.3
683,443
3,122,438
840,000000
f„,
York....
4.7
+
900,350
6,403,441
Wilkes-Barre—
0.3
+
982,164
2,710,673
Delaware—Wilmington.^.,
*
—
662000,000
•
...
San FranciscO
*
*
930000,000
k.
*
St. Louis..
L
;':k
1061,564
3.662,842
'••••• •/;
1947
1,114,785
1.2
299,556,772
r.-,
week; iny.v;
562,434,212
'
5
m
1.2
-,20.9
1,142,955
,
$7,128,19 ft 30-.' $7,152,561,433
/>••....
/'s
.1
k; '
'
1,032,991
—
857000000
Philadelphia—
Reading
Total (11 cities)
>
$
•
1054,537
Bcranton
/> ■'
i V
1946
634027
*
*
or
Dec. %
1,157,023
Lancaster..
Friday of 0,3%.. .Our comrMiv
paraiive summary for the week follows:
Inc.
8
1020,686
Chester
Our prelim-;
same
•
Bethlehem
weekly clear¬
year.
■
Third Federal Reserve
District—Philadelphia—
Preliminary figures compiled by
ings will be 5:9% above those of the
corresponding week last
1947
■"•
^
Bank
.
4J
+ 10.7
564,769,145
2,658,604
...,
5,210,803
526,244,609
+ 10.8
13041,486,773
11.823.196.992
8.5
5,571,114,901
4,980,559,196
+
COMMERCIAL &
THE
(2068)
44
Monday, May 10, 1948
FINANCIAL CHRONICLE
-(•••
Per
Share
,
ENTIRE ISSUE CALLED
;
Banks
Condition Statement of Member
statement of weekly reporting member
banks of the Federal Reserve System in leading cities
shows the following principal changes for the week end¬
ed April 28: Decreases of $320,000,000 in loans, $214,000,000 in demand deposits credited to domestic banks, and
5184,000,000 in borrowings.
Commercial, industrial, and agricultural loans de¬
creased $29,000,000 in New York City, $11,000,000 in the
Chicago District and $46,000,000 at all reporting member
banks and increased $13,000,000 in the Dallas District.
Loans for purchasing or carrying United States Govern¬
ment and other securities decreased
$110,000,000, of
which $102,000,000 was in New'York City.
The condition
.
Steamship Lines, Inc., $2 conv.
Horn Coal Corp., collat.'trust 4s, due
Eastern
Elk
Towers Co., prefeired
Gas & Electric Light,
Longwood
York
New
Power
Pittsburgh Steel Co.—
1st mortgage bonds,
.< ■
due
33/4s,
mortgage
•Announcement
In
this
195
weekly re¬
|
,
Name
.00
r
Apr. 28,
'V'
\
"
62,940
514
*-*
,
industrial,
0
0 Vfh: 3-296
agricultural
and
'
loans
Loans
—
''
"
for
dealers
and
brokers
to
U. S.
0
Government obligations-——.
387
Real
•
Loans to
estate
loans
bills
Treasury
U.
8.
'
1,466
12
2,420
+
26.997
Banks—
with Federal Reserve
'_
418
260
.
•*'
-
26*
198
+
S i 799
+
0 2.181
—
;
—:
72
+
0
140
90,
Liabilities—
46,671
14,741
'■00-00
47
+ 0 426
110
1,385
521
+
'
;i15
;0V
173
—
Interbank demand deposits:
214
8,364
1,310
Borrowings
Debits
___________
demand deposit
to
Interbank
»•
during
and
accounts,
S.
U.
week
Govt,
,•
■
141
____
_
580
__
37
—1
49
?
184
—
31
except
00000
accounts,
20,547
_
'"•*••.4
7-15
7-
77-
Ltd.—-
6-15
_:v—-0'$62Vic '• . 6-30
(cash dividend)
25ci;;:V 7-31
Corporation
dividend
7-19
5-17
5-26
—.-.,4.
_4
6-15
1st pfd.
5%
Lighting.
6-
2
4-14
"
5-6
5-17
4-30
5-15
6-
5"
5-17.
5-17
5-15.
>6-
4
5-21
5-27
$1
6-15
6-
1
21 Vic
5- 7
6- 1
4
04-
7
-
,4-
25c
!
$75c :
$25c ' A
7-26^
6- Iv
Steel
Gabriel
Co._____:
General
Dry
Batteries,
Industries Co.,
General
Motors
General.
^_4_:———4__ , V
20c
Inc.
^
"—.
20c 0
5#*.'pfd. (quar.) :_0'$1.25
common,
(quar.)—
75c-
5-15"
6- 2
7-1
6-10 '
8- 2
Corp.,
$1.25
93?:»c
(quar.)
———:—__—
preferred (quar.)——___!
___
preferred
$5
$3.75
0.5-17
06-30
5-15,1
0 5-
6-18
5-13
7-
6
7-
8- 2
6
-5-25
25c
6-15 :
Gilbert & Bennett Mfg.—444-———> "0 $1"
5-15 ';
Girdler Corp.
(quar.)_
._4—*_4_4_4_40
25c
6-15'
Globe Oil CO;, Ltd.—
$2c ; 6-1
0Godman (H. C.), 6^; preferred
(quar.')'4t4^37Vac0-4i 6- 1
Golden State Co., Ltd., 40 pfd. (quar.)
.
$1 ;f 8-30
Gordon Mackay Stores, Ltd., class A (quar.)"; $12VaC
6-15
Cltfss B <quar.)_*
—y
$12V2c
-6-15
Extra ■
—2
' $121/2c
6-15
Grafton St Co., Ltd., class A ; (quay.) i—^_4,
•'$25c 0 8*15 General Precision Equipment
5
5-20 :
-
04-30
0,6-
5
; 5-15.
if: 5-20
06-
7
0.5-15 I
5-151
i;
■
5-15 :
:
—
5-26V.
'
5-12
6- 4
7-1
6-1
6- 1
5-20
5-10
5-20
6-1
6- 1
Knight Co.—^
prior preferred
&
Graton
*
$1.80
:r
''1 - 4;-'<?>■90c
5-15
$1
6- 1
•;
(s-a)——4—
Great Atlantic & Pacific Tea
6-2
5-21
5-21 ;
6-15
6-1
6- 1
2
7-
7-15
7-15
Companies. Ltd. (quar".)
—T
;
Freiman (A. J.), ltd.
(extra)4.44.40.
,
WS,
preferred (quar.)$1.18%
Insulator Corp. of Del.-.
Convertible prior preferred (s-a).v...i*.
75c
American Metal Co., Ltd., common
25c
Q%
preferred (quar.)
$1.50 ;,
Archer-Daniels-Midland Co.
25c
Arden Farms Co., $3 partic. pfd. <quar.i__
75c
Aro Equipment; 4!/2%
preferred (quar.) —, 56'Ac
Artloom Corp. r (quar.)—
i
i- 1
25c
Atlantic Refining Co,
(quar.)
4
37 Vic
Atlas Imperial Diesel Engine C0.—4
0;
Serial A preferred
(quar.) -—.-I
56Vic .
5-15
$1
81'Ac
:Fraser;
•
»
,
5-31
7- 2
$25c
deposit receipts (final)
;
Fort Pitt Bridge Works (quar.)*——r
Franklin 8imon (see Simon, Franklin)
American
1,036
+
,0
tic
City Electric common !fpr
each
share>;
A%'/r
0 196
•"
32
3,475
—
•
j,/*. i £'• ;:-V.-.;•••
shares of Atlan-
Stock dividend 42/agOths
"T 1,563
94
—
12,548
with domestic banks—
Balances
■.3
662
?
4,305
Cash in vault
■
6
+
'
securities
Reserve
+
.
3,839
$10—_0
bonds'—J——
Other
+
V
13
+
+
2,219
•
838
190-'
3,584
Treasury certificates of- indebtedness—*0
Treasury notes
_—*i0_—__
40
—
13
+
•262
-
20
tj—
190
.
'
*
__
-
—
3
6
5-31
6-15
6-15
-
6-
American
.
27
60::
+
3,669
_
banks__l._;._*__;
Other loans
:0;
36
—:,
469
.
•
3,296
+
"v"
Other securities
1
0—
280
U. S. Government obligations—
:i
-
422
Other securities«
Other loans for purchasing or carrying:
y
320
23,160
pur-
chasing or carrying:
5-20
5-15
Motor Co., Ltd.—
Ford
••
498
:
320
23,160
Commercial,
Apr. 30,
Apr. 21,
1948 00-, 1948 ...% ; 1947
(In millions of dollars)
,
.
5-14
6-12
7-
preferred 1quar.)4---v4-i4_-,_-r----,,
$4
r
;
of Company
5-15
(quar.)___
$1.25
7-15
East Luduc Oil Co..
Ltd. (initial) ____r__44;' $1V4C
7- 2
Eastern
Corporation
(quar.)____4—_4—0 ; ; 25c ,
5-3
Eastern Steamship Lines, $2 preferred.—
! :0 50c
7- 1
Eastern
Utilities Associates
(quar.)____—50c
*5-15
Eddy Paper Co., Ltd., class A (quar.).—$25c
6-15
Employers Reinsurance
Corp. (quar.) 4450c
5-15
Fajardo Sugar of Porto Rico (irreg.)
4
,
0 $1
6-1
Fenton United Cleaning & Dye Co.—
4
$1
6-10
Firth Carpet Co., common (increased quar.)
40c
6- 1
0'. b'!r, preferred (quar.)
—
,^ $1.25 0
6- 1
Fishman
(M. H.)
Co. (quar.(i
—
;
25c
6- 1
Fittings/ Ltd., class A , (s-a)4—:4----4--t' $30c.
7- 1'
Fitz Simons & Connel Dredge & Dock Co
25c
6- 1
Flintkote Company, common (quar.),:
50c
6-10
Per When Holders ;
Share Payable of Rec.
Acadia-Atlantic Sugar Refineries, Ltd,—•>1 •
5% \ preferred: (quar.)—i—$$1.25
0 6-15
5-20 :;;
-Class A partic, preference (quar^..——,
|25c
7- 2
6-10
Acme Steel Co. (quar.l
$1; 6-12 ,
5-22;
Adams (J. D.) Mfg. Co, (quar.)!.^,.-—v
20c
6-30
6-15
Allied Finance Co., com. (increased s-ai...
;r 30c
5-25
; 5-10
b'/f
preferred (quar.)....—
' 25c
> 5-25
5-10 ;
Aluminum
Industries, Inc.
—i....,
15c
6-15
5-21
Amerex Holding Corp. .(s-a)-_'--^J..'-r.-^.
.
70c
6-10 : 5-17
American
Automobile Insurance iquar.'J—
30c
6- 1
5-15
American Beverage, 6%
preferred <accum.)
5c
6- I
5-20
;
20c prior preferred
(quar.|i-.-4
. 5c
.
0* t
5-20
American
Box Board Co.
(quar.l 4—v
50c
5-31 0 5-8
American & Foreign Power, $7 pfd. iaccum.)
$1.75
6-11
5-20
$6
preferred (accum.)
1
t
$1.50
6-11,
5-20
American Forging & Socket
(quar^.„._..^,;0 12Vic
6- I
5-21
American Fruit Growers, Inc.
(quai\l0 ., 25c ft; 7- 9 ;r0: 6-25 0
American Gas & Electric, com.
(quar.);..^. ,025c
6-15 ,0 5-12 -0
;0"
Dec. (—) Since
5-13
25c
Rubber Goods,
&
6-14
5-13:
8- 2
8- 2
4
(quar.)___
Co.,
common
5-17
$.25c
$25c
(quar.)
common
(quar.)
c
6-10*
preference .<s-a)
Duquesne
I declared. v0;0;f.00: 00;>00000' |00
The dividends announced this week are:
,
'00 0
Tire
1st
Stock
grouped in two separate tables. In the
first we bring together all the dividends announced the
current week. Then we follow with a second table in
which we show the dividends previously announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name ih our "General Corporation
and Investment News Department" in the week when
$69,000,000 in the Chicago District,4 $23,000,000 in the
Minneapolis District, and $184,000,000 at all reporting
member banks.
''
'
'
"
0 ,j
Assets—
Dunlop
Dividends are
Borrowings decreased $88,000,000 in New York City,
t
v
5-17
5-14
1
1
1
1
6-1
preferred A (quar.)
$3.25
2nd preferred
(quar.)
I:m111!!I! dividends lilllili
posits increased $110,000,000.
Demand deposits credited
to domestic banks decreased in all but one district.
'
($100 par».:
5-17
5-28
$$1.25
—
$4
Duplan
the net decrease at all reporting member
$47,000,000.
United States Government de¬
Inc. (+") or
—
Tar
Chemical
Dew
5"(
land District;
•
($300 par)
National Biade Service, Inc., common
(quar.)
& Chemical,
preferred
$1
Athenaeum
Boston
6-10
6- 1
6-26
6- 4
6- 1
$$4
$$3
____!
Common
S per share
- 230
$105 lot
4
4'
(increased)
pre:erred
Dominion
,
STOCKS
Shares
the principal increases being $76,000,in the Chicago District, and $40,000,000 in the Cleve¬
1
0
day, May 5.
5-21
6-1
:
5-29
.
Inc.
(increased)__—:4-i'—, 15c
Anglo Investment Corp., Ltd.—
&
Extra
5"/
Boston, on Wednes¬
by R. L. Day & Co.,
Transacted
the other districts,
:0"
<quar.)__
common
Houses,
Common
deposits adjusted decreased $155,000,000 in
New York City and $41,000,000 in the New York District
outside New York City, and increased in nearly all of
.''e A summary of the assets and' liabilities of
porting member banks follows:
.
Corp..
'
1
was
'
issue.
Auction Sales
Demand
banks
pfd.
prior
6'/r
preferred (quar.)—
$1.05
$4
preferred (quar.)___
-4—: ;.,$1
Crum & Forster Securities Corp.—
v
' ,0,0 .' ''l '
T,i
preferred (quar.)
;
$1.75
Dentists Supply (N. Y.)
(reduced)
18c
Diamond T Motor Car Co. (quar.)
; '
25c
Disston (Henry) & Sons iquar.i____—.
75c
Domin'on
000,000.
000
Zellerbach
76- 76-
40c
30c
40c
$4.20
.
1961——Jun 1 ;
tVol. 165, liVol. 164. {Vol. 166.
Overall,
Crown
.
5-21
28VBc
6- 1
4Vic-0i "5*29
(accum.)
Corx
Crown
1849
184J
1819
18jl
1
6-1
6- 4
6- 4
6-25
5-28
6-10
»
(quar.)
Capital Corp., class A_
International, class A
Crown
.
preferred
convertible
4'/a 'A
12004
'49 1591
17
17
17
:
Cribben & Sexton Co.—
Dobbs
at all reporting member
securities" decreased $26,-
City and $94,000,000
Holdings of "other
Corp.______
Petroleum
Crown
a
Power Co.—
Michigan
Wisconsin
banks, and increased $25,000,000 in the Philadelphia Dis¬
trict and $22,000,000 in the Chicago District,
United
States Government bonds decreased $82,000,000 in New
York
•
Stamping
Coppermines Corp..^
Consolidated
*
1
A
&
Shearing
When
Payable
25c
50c
—50c
(quar.».
12J/2c
■
15c
_____
90c
—
—
Commercial
Creole
class
Broadcasting,
B
Class
1—
(quar.)
Corp.
Aikman
&
Columbia
19-1
1
1956__——Jun
—
Jun
stock—
4'/2% series, due 1950————May
1st mortgage bonds, series B, 4ViVc, due 1950—.
May
;, 1st
mortgage bonds, series C, Vh'U, due 1950.--,.—-:_Miy
Standard.Oil Co. of Kansas, preferred stock.._—
...Jun
1st
0
Heat Si Power Co.—
Anytime
money 4% bonds, due 1949
Co., 6% debenture bonds, due 2024—.
Jun 1,
Purchase
Ohio
Collins
{2410
1582
52142
preferred stock.July 1 '
*
Holdings of Treasury bills decreased $135,000,000 in
New York City and $88,000,000 at all reporting member
banks.
Page
0
Date
American Furniture Mart Bldg. Co., Inc., $6 pfd. stock-May
3
Appalachian Power Co., 6% debentures, ser. A, due 2024..july 1
Atlas Oil & Refining Corp., 1st mtge. 4,/iS, due 1956—May 14
Butte Electric & Power Co., 1st mtge. 5s, due 1951—Any time
Company and Issue—
of Company
Name
Co—,...4.,,
$1.75
5--
5-13
6-15
5-*:
'
preferred
2nd
60
Griggs Cooper & Co.
Gulf States Utilities,
(quar.)——
(quar.)_
common
—*
(quar.)_____
5''
-5-13
6-30
25c
-s
6-1
$75c
25c
70; preferred
(quar.)
Great West Saddlery Co., Ltd.—
.
5-31
5-20
6- I
5-20
'
5-20
(quar.)—.
——
$1.10
06-15 '
6- 4
5-17
Hanna
(M. A.) Company, common
40c
6-12
5-15
6-15
5-21
,0 0 $4.25 preferred
(quar.______ $1.06 Vi
6- 1.
Havana Electric & Utilities—
l'
5- 4
6-30
6-16
60
1st preferred
(accum.)
75c
5-15
0 5-14
Atlas Powder Co._—.—:—
50c. ' 6-10
: 5-28
Havana' Lithographing
*
*
; 10c
0 5-28
Atlas. Tack •. Corp. : (quar.)
'.0.* 50p
'5-29 \ 5-15 .v;
Hazel-Atlas Glass Co. (quar.)
*
"
30c
,7-1
06-11'
Auto Electric Service,
Ltd., class ?A_„__--fl2Vic ' 6-15
5-22.
Herman Nelson—see Nelson (Herman)
00
Babbitt (B. T,), Inc. (quar.)——
0„. ,30c -07- X...J .6-10:, '
Hercules Steel; Products-* ..
t
'
.-w..j ' -t,
1 5-17
Bankers
& Shippers
Insurance
<N. Y.)-—A
1
60 convertible preferred B (quar.)_:_—__
30c
6- I
5-17.
Quarterly
—_———$1 0 5-15
5-.- 5 •>
Heyden Chemical Corp., common-—**—
25c
6- 1 ;
-5-17
Barber-Elljs Co. of Canada. Ltd, j(quar.)-». 1 - < $25c-•;
6-15
15-310.
3%'/« preferred A (quar.)*--4**_**_*__*(
$7%c y:T 6- 1:
5-28
Extrav
4l2Vic , 6rl3 , ,5-3l \
Heywood-Wakefield' Co., common.
—4 $1
6-10'
5-21
Barlow & Seelig Manufacturing, common__
15c
6-1
5- T
5% preferred B (quar.) _—i
—31c
6-1 „
Extra
15c r
6-1
5- 7
Hiawatha Oil & Gas Co.—
$1.20 class A (quar.)
:——_
30c
6- 1 : :• 5- 7':
50
preferred A:
—
12^0
5-12
5-15
Basic Refractories,, Inc.
(quar.)
—
r;
, 10c
.
6-15
.6- 1
"Hires (Charles E.): Co. i (quar.)_*___2i__„»
30c
^ 6- 1:
5-15
Belden Manufacturing Co: (quar.)
30c L 6- 1
.5-17.
Hobart Mfg;:rCo, (Increased; quar;)4_44240:00025c 0:06- 1:
5-20
Bibb Manufacturing Co.
(quar.)
50c '£ 7- 1
6-19
Houston Lighting & Power (quar. )__*_*_*_*
50c
6-10
5-14
Extra''
———
~y "$1
7- 1
6-19
Hudson Bay Mining & Smelting Co.. Ltd.__ 0,
$$1
6-14
5-14
Bigelow-Sanford Catpet—<
f
^
0 0 - *
Imperial Oil Co., Ltd. - (s-a )*--*-*—
:$25c - , 6- 1
New'common (initial quar.)
—
50c
6- 1 . 5-17 ".
imperial Tobacco.CO. of Canada, Ltd.—
5-18
6 (U
preferred (quar.)
$1.50
6- 1
5-17
Interim
$10c
6-30
5-14
Black-Clawson Co. (quar.)
20c
6-1
5-15
Indiana Gas ft Water Co,
(increased) 44_
30c " 6-1
Blaw-Knox Co.
r 25c
6-14
5-17
International Harvester Co. (stock dividend),
,
w
Bond Investment Trust of AmericaA
distribution of 2 two
additional - shares 4 .. 0
.
«
Units of beneficial interest (s-a)"
$2
6- 1
5*14
for each share held (subject to stock*
; 0
5-14
Boston Woven Hose & Rubber, com:. (quar.)
50c
5-25
5-14
holders approval).
■ *4*
6- 5
6%
preferred (s-a)0
'
L_^i——
$3
6-15
6- 1
International Metal Industries, Ltd.~ r
6-9
Bourne
Mills: (quar.)—
$1
5-1
4-30
4V2'A
preferred
(quar.)
—_______—* $$l.l2'/2
7-2
.Extra
->.-4.-----^-----—i---------.0.
'50c
5-1 - 4-30
International Nickel Co. of Canada (quar.) *4
t4Oc0 r 6-21 0-0 5-25
5-15
Bristol-Myers Co., common (interim)
» '
40c
6- 2
5-17
International
Petroleum Co., Ltd.
(s-a)—
-0$25c
6- 1 :
6- 4
3% Vr
preferred (quar.)
_i———
933/4C
7-15
7- 1
International Products Corp. (quar.)
25c
6-19
'00 6- 1
Brown Shoe Co., common
(quar.) 4.;.—, ^
30c, - 6- 1 5-14.'
Interstate
Natural Gas4:—"v v
51 0 6-15 0
6- 1
$3.60
preferred (quar.)—"
90o
7-31
7-15
Iowa Southern Utilities Co.
(Del.)
—44
2^c
6-15
5-25
Brunswick-Balke-Collender Co., common.:.
25c
' 6-15
6-1
Jaeger Machine Co..—
:
,——. : ; ;
40c 4 6-10
$5 preferred (quar;)
5-15
' $1.25 ' 7-1
• 6-21 '
Kentucky Utilities Co., 43/»0 pfd. (quar.)*
$1.18% ., 6-: 1
5-20
Buck Creek Oil
(s-a)J—i ; 30c
6-15.vVi. 6- 1 ••
Kerr-McGee Oil Industries,
common_*_*__*'0 0 6V'4c
6- 1
5-20
Buck Hill Falls Co.
0
—15c
5-15
5- 1
(quar.)
$1.20 convertible preferred (quar.)*—30c '?■ 6- 1
4-30
Buffalo Forge Co..—.
1—.—_-0——1— 00'. 45c
5-27
5-17
Keystone Custodian Fund Series S2_*__*_-42c 0. 5-15
Burton-Dixie
Corp.* f (quar,)
:
"—1- ; • r 30c
5-31 ^ 5-18 q Keystone Pipe & Supply, 5 0* preferred (s-a) .
$2.50:0; 7- 1
Canada Foundries & Forgmgs, Ltd.—*
'
' '
».
50
preferred (s-a)——*__*
$2.50
12-30
6-~4
Class A (quar.)
$37 Vic
6-15 0 5-28
Kingsport Press. Inc. (quar.)
4~_
20c
6-30
6- 2
Canadian Fairbanks-Morse;; Ltd.
(quar.) 1.-00 $25c
6-1
5-14 '
Knudsen Creamery
Co., common
u—
10c
6-12
5-15
Canadian Ingersoll-Rand Co.
(quar.)
$$1.50
6-25
6-11
(60c preferred (quar.)
—-rr—- ;
15c
5-25
Canadian
International
Investment
Trust,
1
•
•
■
,
preferred
$4.40
.
■
-
Redemption Galls and Sinking Fund
Notices
00
0
Below will be found
.4
.
list of corporate
a
bonds, notes,
,
preferred
and
stocks
common
1st
Gas
&
Fuel
given in the "Chronicle."
,
'
"" ;
,
trust
•
3V'2s,
",
.
,"
due
mortgage
3%-6%
bonds,
1st
general
series
A,
due
Co.
of
.til.
,
Canada,
.
15
May 28
■
lst-mortgage 3lA-s. series A and B. due 1974...
Foods, Inc.. 15-year 56 debentures—__II
Co., 5ft* preferred stock
Citizens
Independent Telephone Co—
mortgage 4>/«s, series A_—___
May 28
juay 2?
'
"
.
1„ '
Clyde Porcelain Steel Corp.—
15-year 5V2% .mortgage convertible bonds, due
Jun
1960
A:,
iS?9
.
00
'
-Ltd..
5rw
Canadian
preferred
Tire
Corp.,
Extra.
,
*584
Canteen
Carson,
Food Service,
1804
Central
17
1807
1
*
preferred (quar.)
Central Ohio Light & Power—
s„n
•_
,
1Q9ll
him
4.%
preferred (quar.)
Public Service,
Illinois
;
Central
preferred
Soya Co.
Central
States
3.6'/^
New
debentures,
England Power Co.—
due
1960____1_____
Mav 27
1925
jyzo
.-May 4/
1st mortgage
3%s. series A., due 1961—2
Poll-New. England Theatres, Inc—
.
Mav 15
y
:
1Q9fi
duelgeo
stock.:...!
Mav 15
Jun
Tide Water Associated Oil Co.. S3.75 pfd.
stock...,:
juiv
Wilson & Co., Inc., 1st mortgage 3s, due 1958
-0jun
50c
5-15
-'
■;
/■;
.0»
.
10 $1.12Vi
6-30
90c
25c
_
Valve Mfg.,
LL14
0:
7% pfd. (s-a)
$3 conv. pfd. (quar.)_
-
6- 3
10c
/
? " '
t :
1
m
?
.
.
Coca-Cola
1965
Class
A
International
(s-a 1
Corp.,
coramon_4
—™
$7.50
$3
.'
6-110
7~"t
6-11
Shore
Lincoln
5- 5
5-20
7-fi: f
,
preferred
Mines,
Class
Lord
&
Lowney
fquar.)_—__—i-l'
$18c
>;04 0'-00W:v00.4..,
B
(quar.)__
*_**_:
;;37,/2c • 7-10
Taylor, 60
1st preferred (quar.) __ 4 $1.50 ; 6- 1
(W. M.) Co., Ltd. (quar.)_—*4_4
$25c
7-15
Telephone & Telegraph Co.—
—
Lunkenheimer
MacLaren
;
Co.
Power &
—
Paper
(quar.)
(quar.)
(quar.)
Micwhyte Company ■ (quar.)
Maltine Co., 4V40
conv. preferred (quar.)*
"Maple"Leaf Gardens; Ltd.-**—*.-——4—
Mary Lee Candies, Inc. _(quar.)
Macmillan
$5
Co.,
uon-cum.
5-14
•
5-18
■;
5-26
6-10
:
5-21
5-14
;
6- 2
'6-30
.
25c
4.: $50c
: ;
25c
$1.25
common
preferred
v
;
5-31
•
5-14
5- 7
25c
6-5
7-15
$25c"' " 7-15
10c, ' 5-15
$1.06%
••
5-17
6-15
5-
5-15
~
_*_i— r ;
—
6-15
;T 20c <
iquar.r
-
5-15
5-15
6-18
5-25 0
6-11
6-11
4%
Ltd.
0 5-10
5-19
shares—^—44-: $0.2134
6-30
6-15
Lamston (M. H.), Inc. (quar.)*4—,:——M*0v7.*&c,;Sf'6- 1
Lane
Wells Co. (quar.) 4i-_--4——40c
I 6-15
Lang (John A.) & Sons, Ltd. (quar.)
r
$25c0 7- 2
Lanston Monotype Machine Co.
(quar.)
j "
50c
5-31
Lea
Fabrics, Inc. (irreg.)—**.*
—4~4* 0-0 75c>; 5-25
Leduc-West Oil Co.. Ltd.
(initial)
$4c ,
7-2
H
5-21
5-15
5-20
5- 3\J
5-21 5-27
5-27
American
Industries.
France
Lake
06-1 0 " 5-15
5-15
preferred
60
La
•
-
<
$3.50
>6- 1 75c
6- 1 '
Chicago Yellow Cab Co._'—1—:—I
/ - 25c
6- 1
Chilton Co.
(quar,)__„
4—" 20c 4 5-13
Chrysler Corporation ^—_—
f $1
- 6-14
Clark Equipment Co., common (quar.)00 50c
6-15
.
5^
preferred (quar.)—;
—
$1.25
6-15
Clorex Chemical Co. (quar.) i—.—.4—1—:
35c
1 6-10
Coca-Cola
Co.,
common———$1
7- 1 "
Class
A
(s-a)
0
__T„4_——,
$1.50
V 7* 1: ''
Chapman
-
'
Consolidada (S. A.)—
La
' A -00
6-1
$1
'
5-14
5-20
5-20
0: 5-1
25c :0 5-29
common.,.;
___0
(quar.)—
Inc.
; 6- 1
,
-
^lst mortgage bonds, due 1958-__-„__.
Revere Copper &.Brass, Inc., 1st mtge.
3>/4S,
Sherwto-WlUtams Co.. 4% prelerred
169fi
;
(quar.)4..-——L—v
Edison,
6-1
6- 1
$30c
$25c
(initial):
Pirie, Scott & Co.— .■%
Chicago Corporation,
15-year
Inc.
88
4V2 </r
$$1.25
.
quar.)
—
"
lst.».
-
(accum.)
Ltd. (increased
Mav 14
T±°'y°&t™ f°llat- trust b°hds, due 1956
——__,_Mav
™01C
.lstQmtge' 4s> series A> due 1961
Jun
Merritt-Chapman & Scott Corp.—>.
series
188Q
0 :}SJJ
;
.0
—-jun, 1.
Prandsco6Sugar 1Co!—0t ^ >«»"«*
stock,
*
'.00;*
Mav 15
_
preferred
.
\
Ltd.—
Childs
6V2 e/c
-
:v*:0. 0:*0 00
^0 Date
Page
B/G
1st
*
'
,
»
2039. Jun
partial redemption
Company and Issue-
0.
4
...
mortgage: bonds—
";0<0 0., ,00'v
Aluminum
~~~~T
1383
*
_jUn
'
v
Mav 10
•
-
-
''
Mav 20
5s__
Pittsburgh. Youngstown & Ashtabula Ry.—
■;»
!
mortgage 4s, series A. due 1991——
Philadelphia Transportation Co,—
Page
<
1
'
19650:1
1st mortgage
Johnstown & Gloversville RR.~
Consol.
0;
0!000"0';'*000
■0 " [ Date '
Ellicott Square Co. of Buffalo,
1st
.
last date for mak¬
or
number gives the location in
page
Associates—
mortgage & collat.
Fonda,
redemption,
' NOTICE OF TENDER
Company and Issue—
>
Eastern
redemption
were
-:0;''';00'0.'00-
for
,
The date indicates the'
which the details
t
under sinking fund provisions.
including those called
ing tenders, and thu
called
•'*>'
5
5-
8
5-11
;
5-
4
5-14
7-
2
7-
2
5-
5
"
Ltd.—4.00
convertible preference.
Massey-rHarrls Co.,
$1.25
'1v,-0"4
(s'^V^4-_r
.
$6202c
.
.
6-15
5-22
.
Number 4697
Volume 167
THE
*-*
Name of
'Maytag
McAieer
5%
&
(quar.)
Co.—•
Manufacturing
5-
50c
25c
*
Company
folders
Payable of flee.
Share
Company
(Oscar*
•:
Mercantile
Stores
Co.
t
•
7-'
'
6-15
■V
6-
Inc;> common
$2.30
6-15;
5-20
foyonto
6- 1
Union
1
6-15
..
'f
5-20
6-10
5-25
6t1
5-20
7-
1
5-31
7-
1
5-31
6-
1
5-18
37%c
6-15
6-15
6-
25c
5-29
5-14
Supply Co----^30c
Nashua Gummed & Coated Paper _____
_,.4
/
$1
6-14
5-24
Machine.
(Monarch
50c
Mopre-MeCormack
■
-Morgan
Motor
(J.
P.*
Finance
•-Mountain
Nelson
Co
Corp.
(quar.)
(Herman)
Participating
Roller
___
York Stocks,
■'
5-28
Co.;
",y,
•
Bank
■
V-
Series...##---
Stock
<*V
____##_
8c
t
6-15
7- 1
6-15
6-
75c
,U.
,
VU
U.
i
5-20
1
5-12
1
5-20
6-
1
5-20
50c
7-
1
6-
65c
6-
1*
5-17
Aunor
6-
1
5-20
Autocar
Jt5-10
U.
■
'
S.
5-
5
5-
5'
Upper
5-
5.
Valcar
Universal
•;,
77-
common
5-26
Automatic Canteen
Avco
Manufacturing
Avon
Allied
7-
6
6-21
Baldwin
7-
6
6-21
"6%
7-
1
6-21
50c
6-
1
5-15
62
tie
1
60c
6-15
5-25
50c
7-15
7-
'20c
6-30
6-15
—___
preferred
(quar.)
common—
preferred
(quar.)
"
Oil
Industry
Public
4*?;
Utility
10c
12q
I'*' 12c
——*-—/
5-25;
i~
- Quarterly
Warren (Northam)
•
,;
^
6-
5-10
Barnsdall
6-
5-14
Bathurst
Corp., A3
pfd.
(quar.l__
6-
5
6-12
5-17
4%%
preferred
6-15
5-17
Belding
Corticelli,
Steel
Seriesiis;^-^^
Industry-
10c,
...
^
5-25
-
1*.
(A.
preferred
Gossett
Beneficial
Berkshire
_
Class
A
Bessemer
5-31
Best &
6-25
Bethlehem
6-
1
5-15
5-31
Northam
Ltd.;: 7'/M pfd.
(Warren)-'
^Northwestern
/Norwich-
preferred
$4
Steel
National
-
Life
-
Bipks
5-15
Black Slvalls
6-22
Mfg.
4%%
;,:
Insurance-
Pharmacalv-.(quax.)
15c
^^elow;
give the dividends announced in previous
weeksr and not yet paid. The list does not include divi-
-7
5-w
6-18;
;s:
i/w;
5_
^
we
these
Bloch
being given in the
Co.
&
$2.20
Ohio
Telephone-
preferred
Poweb
,•
,
,
Per
-
-
„
.
v
Oxford
Paper, $5
prefereri<»'-.<quaf;)ctLi:-^^j<r;: $1.25 ..w
Foundry. $6 preferred^A-i^t V^'Al;'.
$1.25 >7
Insurance-.tquar.)—1-1-1
Car
Pacific
Fire
/Baton
Mfg.
"lit,
tinitiaU
pref.
Paper-
Co.i. Ltd.,
r
l<qugr,/l_ll
common
20c
;
Stow
Telephone
preferred
%
(initial
56c
___-ill
(quar.)
com,
-v
1;6-I5
■:$*
U-M 2^
.
si
•yepperell - Mfg.-- Co; fquar.)^__^.^-_-__-^_>ru^l
.ExtraI l.lLi^l'.'i^^iA-i^llr'T-r
•
Pettibone Muliken Corp.
.
5-20,
6-
Pfeiffer Brewing Co
>1'
: preferred
1-
Airlines,
Arch
1
1
5-15
1
5rl2
50c
6-
5
5-14
6-
5-
«-
5-15
$1.18%
t$1.50
6-
1
7-
2
5-31
7-
2
5-31
30c
l
Public
Co.
Service
of
(Stock dividend)
f i
diana.Gas
•
&
J
.__i
Inc.;
l/20th of a share pf Infor 'each share held
Radford
(Js M.) Grocery, 4,/2'f pfd. (quar.)
(quar.) LL——
;
;•••'
Extra
25c
•
1
6-15
6-
1
5-15
15c
6-
1
5-15
(s.-a)_
$3
Cement
Co.,
5-19
t5c
5-15
4-30
.'1:25c
&
2
5-15
4-30
.■
50c
common
fBegina
1
Corp..,—
_
_
„—i _• i'i_
.Republic Insurance Co, jTcxai) (quar.)-—■
Revere Popper & Brass—L
1„—
Reynolds
;•' :§V2'/<
Metals
30c
:
$1.37%
,
VfxtraV'..—
Roxy
-v
Theatre,
.Saco
Lowejl
Seaboard
5%
Inc.,
$1.50
Shops^
Lipe;;5%
Air
prefer red
.
Pfd.
(quar.)
;
.Serrick Corp., class A (quar.)
' piass B (quar.)_i
II
--C.
.
Sheaffer Pen Company
Extra
(quar.)
§%
f
Manufacturing
1st
preferred
Corp.,
.*
5sl8
5-10
'
•
6-12
5-31
5-15
5-
1
5-15
6-
1
50c
5-
3
4-12
.25c
5-15
5-10
$1.50
,6-30
..
common
(quar.)_____
-
)
(annual)
Simon
(Franklin)
Simon
(H.i
&
Sons.
redeemable
Simonds
Sivyer
Saw
&
Ltd.,
com.
Steel
$$1.25
(quar.)
Li—_~
(irreg.)
Castings..—I
Steel
Spcony-Vacuum
$30c
(quar.t—-—
1
5-24
'(American
6-28
"
•'Vf.
Oil
6-
7
5-21
6-15
1
5-17
$1.12%
6-
l'V
5-14
vl
5-15
5-10
6%
preferred
Southern
Bed
(quar.)
—
.Spear Si Co., $5.50, 1st pfd. (quar.)___
"$5.50 2nd preferred (quar.)
Squibb
(E.
R.)
$4
preferred
$4
preferred
&
Standard
Sons,
,
Standard
Drug,
Sterling
Electric
Stokely
Also
Foods,
a
June
Stowell
i
•t,
Stock
5-25
$1
8-2
8-
2
7-15
$1
7-
L,
6-19
■V'."
37 %c
(quar.)
Mfg.
0-15
6-24
25c
50C
;
15c
(quar.)
6-
;<
1
6-
1";
5-18
6-30
$1.50
of
75c
which
1946.
(accum.)__j
an
were
4V2%
(One
share
5-22
dividend
for
Formerly
Mill
'5-22
;
75c
6-
s-ai
25c
,
5-15
each
1
5-14
5-10
5-
7
5-
7
25
-
$3.75
$4
I
'/«^V*
•
%)
•
,5-15
I
$4
3
6-25
7-
3
6-25
6- 1
5-20
8-
2
7-23
1-31-49
#i-2i
5-26
5-12
1
V
'
—
Canadian
6-23
9-30
9-24
12-23
12-18
6-39
6-23
12-23
12-18
;
25c
>;
.
as
American
preferred
(quar.)
(quar.)
5- 4
5- 4
1
5-
5
87l/2c
6-
1
5-
5
6-
1
5-
5
$1
6-
1
5-
5
6-10
5- 1
6-1
5-
5-15
4-30
6-16
6-
6-
5
2
1
5-14
6-15
5-21
5-15
4-30
5-15
4-30
27>/2c
5-15
4-30
50c
.
6-10
5-26
;
$32%o
J50c
6-21
5-21
6-15
5-15
t$l
6-
1
5-
t$1.12y2
6-
1
5-15
$15c
(quar.)__
6-
1
5-15
7
$50c
1
2
5-31
I20c
pfd.
(quar.)__
(quar,).
5-22
4-29
J25c
5-22
4-29
$32(40
$18%c
6-21
5-21
5-28
7-
1
5-28
7-
1
$20c
7-
1
J50c
6-
1
5-1
$50c
Ltd.,
1
6-
1
5-
Ltd.—
Alcohol, Ltd., class A__
Industries,
7-
$$1.12(4
6-15
(quar.)—
(quar.)
1
Insurance Shares, class A
Motor Lamp Co., Ltd.—
(irreg.)
$17(4c
7-31
6-30
$$1.75
com.
7-15
6-15
-"$$1.50
5-15
4-30
$15c
6-15
5-25
$l5c
(quar.)
5% pfd.
Western
Lumber
Estates, Inc.
Carpenter Paper Co.,
(quar.)__
Castle
(A.
Catelli
Food
M.)
&
Co.
Products,
Co.
9-15
8-25
$15c
12-15
11-25
$20d
i
Oil
5-15
4-15
$$1.25
5-15
-
4-29
$10c
l
5-10
4-30
$50c
5-31
5-
3
5-31
5-
3
5-31
5-15
1
Central Arizona
6-
-
6-
75c
(s-a.)
6-10
$38c
common
4-30
50c
(quar.)
Ltd.,
6-17
5-15
50c
common
7-15
30c
5% preferred (s-a)
Caterpillar Tractor (quar.)
6-15
4-30
.
5-31
5-14
6-
1
5-10
Light & Power Co.—
Common
(quar.)
$1.10
preferred
(quar.)
Central Foundry, 5%
preferred (quar.)i
Central
6-15
6-
1
6-15
40c
1
1
6-
62'/2c
.
5;15
6-15
—
common—
5-18
5-15
5-14
1
$25c
4-30
50c
93 %C
(quar.)
(quar.)
1
6-
5-25
6-
15c
;
1
Rolling
common
6-3
6-
62'/2c
__________
common
6-15
40C
—
4-17
6-
15c
(liquidating).
Co., Ltd.,
6-
$3
50c :
$$1.12%
I$1.12'/2
6-
5-17
1
$1,12(4
(quar.)_
Capital
.$15c II
$15c
Power
(quar.)
(quar.)——
5-10
'*'• 6-30
$1
—
—I
Co.,
•
r.
(quar.)
6-
1
6-
1
5-10
Louisiana
Electric
Central
Cork
preferred
Ltd.
Cos., Ltd.
Canadian Utilities, Ltd.,
$1
(quar.)—
■
6-15
5-13
8-
87l/2c
,
,
(quar.)_,
common
Quarterly
Quarterly
Quarterly
Canadian
6-15
5-14
5-21
1
35c
(quar.)
preferred
Canadian
10-22
•■
V
(quar.)
preference (quar.)
Co.,
preferred
preferred
7%
1
6-15
37'/2c
(quar.)15c
Products,
Industrial
Canadian
$3
^
known
Cork
12(/2c
B
$1
common
(s-a)
Corp.
Class
6-
6-
10c
(quar.)
Machine Co.,
Ice
A
Canadian
■iili
#11-'tl:
Co.
Armstrong
$3.75
4
■
7-
tl5C
—
(quar.)
Ltd., common
convertible
Steel
Armstrong
:
——
5-14
in
(s-a)
(cash
$5.25
additional
issued
i
Mills, Inc.
dividend
pfd.
on
75c
$1.50
(s-a)
Arkansas-Missouri
J
Inc.,
Class
20c
$1.25
(quar.)____
(quar.)
Canadian
Canadian
■
3
Concen-
(quar.)
Chemical
4(4%; preference
5-10
I,
Oil-Corp.
Armco
6-21
,■•:!;
-
——
,
Mills,
'
& Foundry
Co., Ltd.—
(quar.)
A
4-30
$1.50
(quar.),,——,—
(quar.)
Corp.,
Class
4-20
:!i
A
5-15
$1.50
;
(quar.)
6%
5-20
7-15
A
Cotton
preferred
preferred
Argus
Class
6-1
30c. v;-
(quar.)
(quar.)
Argo
1
6-
2
37'/ac
West Land Co.
Canadian Food
75c
(s-a)
Corp., Ltd.—
Common
6%
7-
63%c
——
■
(quar.)
(reduced)
Common
>
5-24
7-15
Ij-f
lquar.)_
Class
,
5-10
3
7-
4-20
Car
Canadian
7
# 5-28
30c
—
•
Anglo-Canadian Telephone Co.—•
Arcade
7-15
:iX::
(quar.t
Screw.'class-A
I- held)
6-12
93%c
common
Motors
shares
Susquehanna
25c
.
National
Bearer
5-18
(quar.)I—
Inc.
payment
30,000
5-18
1
L
;
—
Railway Equipment
Sterling
1
6-
(quar.)*.—
Coosa-Thatcher
preferred
.
6-
$1
common—
Andian
5
$1.37%,
^__
Standard Oil of Ohio,
:
'
5-
$1.37%
(quar.)
A
25c
# 5>
Post Products
preferred
prior preferred
prior preferred
6%
'
(quar.)
Spring
preferred
prior
6%
v.
(quar.)
(initial)
(s-a)
6%
Metal,
Anchor
5-14
6-
preferred
Ampco
5-19
t
i" iV2'/f
:
•_
■
Amoskeag Co., common (s-a)
5-
6-15
Canadian
fl- 1
6*15:
6-
Service Co.—
Malting CO.,
$2.25
7
$4.50
Water
North
v
(quar.)
Water Works
Co.
&
Safeway, Ltd., 4'/a% pfd.
Vinegars, Ltd. (quar.)
Canadian Breweries, Ltd.
(quar.)
5-14
5-28
:
5-25
7-2
5c
Canada
4
Co.
Tobacco
25c
Greyhound Lines (quar.)_
Southern Advance. Bag & Paper—
Bottle
American
4QC
Southeastern
preferred
\
(quar.)
Power
Canada
5-2L
40c
5-
1
50c
4-20
6-20
6-10
$1.50
,
(quar.)
preferred (quar.)___
Mills
Canada
6-4
50c
Co
American
25c
>
—
—lill;
(quar.)
'
1
■
5-12
1
6-
4-ao
$1,816
-—
4-9
5-20
20c
preferred O (qUar.)
Campbell Wyant & Cannon Foundry____
Canada Cement Co., Ltd.—
; • •
>•.
$1.30 preference (quar.)
Common
common—
Foundries
5-14
I
6-15
5-15
-31
5-20
t30c
4%%
25?
Steel
•
California
5-
1
6-2
12J/2c
(quar.)_^_
Electric
1
5-14
6-
$$l
t25c
Machine
Cotton
1
«
€2(/2c
Products
I
(participating)
Smelting & Refining,
Thermos
Adding
Electric
6
6-1
4-30
37'/2C
common
Co.
6-
30c
Preferred
American
Corp.,
Jackson
6-
6-24
4-30
5-15
;___
Mining
(quar.)
-
Packing Corp.,
5% preferred (quar.)
_
American
Stove
Mills
Butler Brothers; 4'/2%
12-
,
8-
5-15
$60c
—
Byron
6-15
;
6-19
20c
California
9- 6
5
30c
(quar.)___
preferred (quar.) _______i_____
preferred (quar.)
6-15
$1.75
>
.
American
6-
70c
_I
Corp.
5-15
i
Co.
common
California
;
5-
,
preferred
12-15
$1,1
4-30
50c
2nd
$1.75
3Qc
5-11
5-25
tl2yac
quar.)__
Sullivan
&
Co.,
37V2c
(quar,)
5-24
6-1
9-15
6-1
16c
Canada
Co.—
5-15
Hill
37V2c
•
Razor
'
56 %C
(quar.L
Steel
Safety
Service
'
preferred
Armco
4 '/h %
(
5%
—
Co.,.4,/3% 'pfd.
&
See
American
,
,
-Ordinary
•t
(N. Y.)
7-2$
$20c
.
Re-Insurance
American
-
Sigma Mines, Ltd.; fs-a)Il—,
Sipger Manufacturing Co., Ltd,—
:
.;
4
6-14
60c
Ltd
California
5
e-
$ 1.75
—
5-25
7-
5-
6-15
American Rolling Mill—
5-25
;
=; 5-15
6-25
1
5-15
f
Ltd.. (quar.)
Cable
6-22
2
25c
—__—
—
7-
Standard Sanitary—
5-25
6-14
f
v
6-
$1.75
t30c
Machine
&
Fund,
;iBurroughs
.
5-14
5-20
6-
15c
•
•
Extra
4%
4
75c
Co.
3'/27c
:a
'5-14*.
1
6-15
$1.75
\
(quar.)
.
7.7'-
7?0r:l:i
10c
6-18
(quar.)
Mills,
Mfg.
Burlington
5-27
30c
—
Co.—
-preferred/.(quar.)
American
-
6-10
5-25"
$1.25
-
6-
1
15c
—.—
trating
.
5- 7
5-
1
7-
$1.06(4
'
Die
Bunker
,
»;
,
T'', ;
6-11
Common-.-——i_——•'; 20c
.7%
:
12-10
5-25-
:
I
5-10
7-
;
Bearing Co._
class A (quar.)
3 Va %
,75c
-
5-
1
-,15c
(s-a)'
Silk
Bullock
r"<
•
10c
A- (quar.)
Pulley
6-15
20c
(quar.)
preferred
American Radiator St
6-15:
25c
common...—
$4
American
6T15
;
10c
'■•V
'
_i._
f
Sheller
7%
.
2
.
6-
$1
(bi-monthly)
Paper Goods, 1% pfd.
preferred (quar.)
preferred (quar.)
%
2
1 '•
4
.
Co.—_—
6-
5-25>:
15c
'1
Molasses
6-
fir
0:1 22c •i"
25C
-5 7
6-21
1
12-31
^—
6-1
I
•
Co.
6-12
•'6-30
Extra
•6-1
^American Potash & Chemical, class A (quar.)
—.
Class .<«B • (quar.)'j,—
—
5-10
-
6-21
$2.50
•r
5-10
75q
'
American
%
5-10
1
.7^ ■I $2.50
_______
5-10
5-15
50c
______62'/2c
(quar.),,
6-12
50c
preferred__•_^__
___ _
5-15
5c
American News Co.
5-15
■7-
.
37 %c
-
.
5c
Buell
•
5
"
W W 5-15
•7--1H j
20c
-
4-22*y
:
6-19
6-
(quar.)
common
Buckeye Steel Castings, 6% pfd. (quar.)___
Company ^
Budd Company, $5 preferred
(quar.)__
6-5
(quar.)uii
6-18
4-24
$1.75
Buda
6-
^American
Vf 6>
..f;v£;30cyj;
Art Metal Works (quar.)
'
25c
z
'
6-15
1
"
(quar,)_.
Buckeye Pipe Line Co.
5
5-15
.#•4-15
Meter
5-
6-15
75c
■
"
American
5-25
?
25c
•
*
5-21
35c
6-15
•
common
convertiblevpreferred '(quar.)
-
Rojison
Co.,
5-17
1
7-
60c
:
,
(quar.)___
preferred -(initial
Brunner
'v-;; $1.25
—
#'5-15
V'^-:i5c'!v;' X'6-15^ ••y 5- 7
- -
_
1
2
,
(quar.)_
com.
1
1.;.
6-
6-
<5-20
7-
5-}5
50c
$50C
Extra
Bruck
5-7
4VaC
i,50c
.
1
preferred <quar:)__-____-___„_'__;t$0.234375
Broadway Department Store,. Inc.
5- 1
7-15
6-
3%%
—
Co.,
convertible preferred (quar.)
American Home Products (monthly).—
American
Investment
Co.
(111.)
(quar.)
6-
1
5
7-31
35c
Corp of America (quar.)_________
British-American Oil Co.,..Ltd., com. (quar.)
5-15
6-
•'•I' 75c'
—
American
6r
.■
25c
^
pfd.
;
'H 6-
87'/2C
(quar.)_
Ck». 4quaR)tirc_^
$3 conv.- pfh.-. (quar.)—
Hide & Leather—•
6-21
;;4-30
56 %C
7
Kay-O-Vac. Company
•.
VaC
6-10
J50C
__i—
(quar.)—
5-20
687
4-30
,.V;-
;.^7A2.50;«mv,
"5-28
com.—
Water
5-15
30c
25c
American General Corp. $2 conv. pfd. (quar.)
5-15
6-1
5-14
:
.6-1
15c
,
VA '/< "■ pyeferred/ iquar.)'—
V
r s
1
6-
v
1
6-
,Brewing
7
6%
preferred
(increased)
Shares
'Vpreferred- 'tquarr)
Amerioan Furniture Co.
,
5-
5-
12V2c
B
Ordinary
4-30
5-15
7
5-15
u$1.06l/i
Arinual,
1
4
5-14
Brewers & Distiller* of Vancouver Ltd.—
i
9-15
5-
t25c
^American. Chaim&.Oable
1
S
J
■
/
>?5-15—Extra
.
l_
Indiana,
-"•American;^ Can
■.■•5-2.0
(quar.)__
t
5-10
15c
(initial)——
common
3Vi %
Co.
Business
'
5-15
6-
Inc., $1.20 preferred (quar.)____
Brazilian Trattlou Light & Power
Co., Ltd.—
71
Ltd.—
Canada,
American
10- I
<: 5-10
37l/zC f
$1
'(irreg.)Xiii
new
4-30
1
6r
Bowser,
4-30
5-14
v
50
(quar.)
American
-•
T
of
Ltd.;
5-10
Philadelphia Suburban Transportation (quar.)Kj.^h2§<»v)At.$^l
«- f
25c 1r
Extl'a
_i
-■
6-12
Pitney-Bowes, Inc.k common (quar.)
:>? ;r i5c
7- 1
p -M % -preferred (quar.)
53. V«c
rPrentice-Ha^» Inc,,_
Co.
preferred
5-7.
e•-i
'4%
i.
-
v6-10 r^-5-24
$1.50
(quar.)
Aluminum
_
6-1
5c
1
$5
■?
—v
Alloy Cast SteeLCb:1 '(quar,) i:i
;—
Alpha Portland Cement^a^-_u«;__
id-5-2-L««V American
$1.25
<quar.)_-__>
Inc.
(irreg.)
Roller
6-
..
Co., Ltd.,
Class
■
-(quarv)
>
7
I
35ci" «"6
6-16
Uv*.
*_ j^
-
,Phelps
Kid^^'Cor
-Aluminium,
5-15
35c
25c
-Philadelphia Co,,. $5 preferred
5.
Association
Allied-Stores Corp.,'-4^'preferred
5-15" f-
6-
Packers
Industries,
.Allied
-5-15 _-!-?•
7.
-
$6
Allen
;
5-31
l;---'5-22
6-
-$1.25
(quar.|_______--_i-_'
tPfqudler' Co;v
$13c
•
V
4-28
'
9-14
12-14
15c
(quar.)_
(quar.)____
Bowes
4-30
5-15
Fund
6- 8
1
t$1.75
preferred
Tobacco,
Bower
10-
1-2-49
50c
s
Bryson, Inc.—
Company
Boston
5-14
6- 1
1
75c
.
Alaska
i 5-15:
75c
.
•
Stores, Ltd. (quar.)
Radio
Corp
:-_i_
Akron Canton & Youngstown RR.. «<! •/, •
',1b%- preferred (s-a)—
5
5-31
,7
—
preferred
■.
-Agnew-Surpass Shoe
Corp.—
Peqpies Telephone ;Corp.,
4 V2
/
6-15
Wilcox_i._____
&
Pennsylvania
42.25
5-
^5-12i
J35c.' "I
v
• i
5-15
20c
s
'
Aircraft'
A'420c-^ 6-15
;:
5^X5
5-131
^'6-15:!;., '6- 5
v.-'CVic;'
7 -
y.
preferred■ (quar.)
.Peck
'•
Inc., partic.
Parchment
•;
1
6-•
—
•Parkview Drugs,
(Paterson
6-
&
'Borden
Holders
Payable of Rec.
150c
_
•
-Pacific
When
Share
4xfa(k
5*>14
7- 1
(quar.)
$6
(Phila.),
Bros.
_
Mquard^^i-^ii-i-^ix-,><55crn 6-"l«.*«.5-20-i : ^*-~Nameof Company
preferred (quarj'i__ 1 $t.l2,/a:,
• 6lr * 5- 5 - •"A- B CwVending- Corp. (quar.)
'/ 90c a -6-15
>-?7-6- 4 s 4+Acme Glove Works, Ltd., $1 preferred (s-a)
,01)10 Seamless Tube Co.-_^_^'"_—*■'
15c ;,}■
,01d Ben Coal Corp.5-10 'A^Acme Wire €o>- (quar.)
Co.,
5-29
5c
Bohack
Associated
9-30
12-31
_
(quar.)
preferred
:•
8-30
10-15
8%c
preferred (quar.)
Blumenthal (Sidney) & Co. (quar.)_
(H. C.), 7% 1st preferred (accum.)
•
5-15
7-15
1-15-49
./l
preferred
(quar,)
(E. W.) Co. (quar.)_:
Bliss
5-3
8%c
Corp., common
(quar.)__________j.__J;_____
(quar.)__
preferred
5-15
$3
6-
5-15
I
8%c
Ltd.—
(qugr.)
(quar.)
Company
Blauner's
<quar;)^£i%*. 4.
1
6-
25c
(quar.)_
Ltd,, common
Co.
preferred
6-30
2.
iaccumr)
Warren
(Northam);V;^
see
6-
"5-24
■a.
$1.50
(quar.)_
5-31
vWo-irtneastern Water,
5-14
$1.50
(quar.)_
Limestone
5-28
7-10
,Mofth Star Oil,
I
$1.50
$1.50 I
Spinning Associates
(J.); & Sons Ltd. class B (quar.)
6-30
■
6-
5-10
15c
(quar.)
Corp.,
6-15
7%
5-14
20c
Fine
-Bertram
4%
1
Corp.I
preferred
&
5-14
6-
25c
Hemingway: (increased, quar.)
Howell Co., common (quar.)____
&
1
t37'/2o
Shoe
S.)
VA%
Bell
•:»' 50c
" 5- 5' p
Whitaker; Paper .Co-.'_cici__i-jc>xi__-___;__^.i •
',• $1
r; 5-;5tv^ WilHams (4. B.) •Coi^mew common (Initial 1
v ' 15c
-,, 5-25 ;>-;.Y5- .5
y
Winnipeg. ^Electric, - commoiU-^:--—.
t50c
• e o=
c-' '«•
' '
'
J$2.50
7<r
Equip.- Industry
-
(quar.)_
6-
25c
America
6-14
8-1
25c
(quar.)_i
(quar.)
(quar.)
Mills,
Ino.
Beaunit
Bell
5-19
$2
25c
(irreg.)
(quar.)
(quar.)
Si Paper Co.,
5-17
75c
4-23
(quar.)
A
Belding
6
5-19
5-10
t5c
pfd.
Co.
1
5c..v •' 5-25
Railroad
Oil
6-19
7%
5-
6-14
Corp.
Co.
Power
Class
75c
■
H.)
1
.;
...
(W.
6-
Beck
2
$1
preferred
6-
7:
<
—•/;'
i_;-__
Barber
1
Vt37%«•'<
'•
•
Seriesri--14c•,■)•-•••.5-25i-.""i.-v5r«'-5.; Western Au^o Supply v(quar.)
IndustiT'Series^^'^^b^^^^iJC'^Cw.
5-25
5- 5
r.^Weston ElectVic Instrument
Railroad' Series
••'
6- 5-."^
5- 5 •"
..
5-25
,
of
6-
$2.50
(s-a)
(quar.)
preferred Jquar.)
Baltimore Radio Show, Inc.,- com.
(quar.)
6% preferred (quar.)
5-14
.
Walker iHiram)v<looderham & Worts---
4-21
convertible
30C
common- (quar..):-f,___
preferred (quar.)
4'/«.
1
5-5
A-25
U
Series
convertible
7%
5-20
20C
5-19
$1.50
(quar.)
6-30
t3I»/4C
Co.
Products
preferred
6-1
1
4-21
2 Vi %
preferred
5Qc
6-15
5-19
(quar.)__
22'/aC
412C
6-1
Co.—
$2'/aC
Canada Mines, Ltd
Enterprises, Inc._
5-14
5-10
$1.75
(quar.)
preferred
7%
1
5-14
7V2%
(quar.)
Balfour Building, Inc. (quar.)
Baltimore Porcelain Steel Corp.—
7% convertible preferred (quar.)_
5-17
1
Ltd.—
conv.
6%
6-14
5-14
6-
40c
(quar.)
C
Holderf
$1.50
(Conn.)
6%
5-14
1
15c
56 (4c
(s-a)
Co.,
7-
5-15
6-
tquar.i___
common
,
Merchandising.Seriea
Metals Series
•
.
Industry
preferred
When
5-15
6-1
(quar.)__
com.
preferred
conv.
5-18
SeriesU^^^cii^^^^^' 5c.,i.>^5-25 CMS#-^Wsdgrpem Gok,
Bond
Hinchixiexy
B
5-26
<.
5-25
Vick Chemical
5- 5
(quar.)_—
9c5r25 tI 5- S
.Viceroy Manufacturing Co., Lt(i.______;j—
?c
5-25
5* 5 "
Victor, Equipment, Co._
Series___##_- :
p 9c
Industry Serles^i'^i'^-lw-——-5-25 ^ 5- 5 ; C-Virginia-Dare, Ltd., 5% preferred (quar.)
Government
•
series
conv.
6
-
v'.'- Insurance Stock' Series3il5-25
Co.
Ltd.
series A
$1.75
.1—,
4%
Winding
5%
5%
20c
(quar.)
convertible
Line
Mines,
Co.,
6
A^
Lines
Coast
Gold
5-28
$5
(quar.)
Wallpaper,
90c
%
(quar
45
Payable of $efi.
25c
(final)
preferred
20c
Co.
-_-J—_•—
Truck
registered
non-cum.
Atlantic
1
6-
Goods Cqrp.,
Electrical. Industries,
5%
building Supply, Industry Series-.#-#.##'--.
Food
6-15
5%
4
Pet
Share
Bonus
Atchison Topeka St Santa Fe Ry
Atlantic Coast Line RR., com (quar.)
»,
17 Va
preferred
United
5--5.
*
40c
,!
B
4V2 %
1 •.
•
'
5-25
Inc.__—_—
U. S. Spring & Bumper,
-
.
•
2nd
-
(reduced)
(quar.)_
preferred (quar.)^
Ordinary
$1.12'/a
pfdv (quar.)___
Printing & Lithograph,
&%
preferred (quar.)
'
1%
•
Co.
<Sc
preferred
Associated
12 VaC
S.
5-25
5-25
4%%
Ltd.—
preferred
1st
5
.
Dry
6%
6-
(quar.)——__________
class
Associated
6-
(ipitial)
cpm.
Company
Hoffman.
15c
(final)
Foil Co.,
S.
Class
Arnold
12 '/a C
______
Pacific Insurance
i Chemical-Industry'
- Electrical
Equip;* Industry
j
7-15
2 '/a %.
United
5-25
.,.
Chemicals,
Molasses,
Ordinary
■
7
5-10
; 5-21
; if,'
:
6-15
(quar.)
Products
(quar.).
Carbide & Carbpn, new
United
,
shares—75c;.
5-18
7-15
—___•
#,
EJevatars
United
5-12
'*
Inc.—/■
5-28
25c
Bearing_________—
Brewing
United Air Lines, Inc.,
,
4-30
5-21
.Agricultural
Industry
Series——9c
Automobile Industry Series-----##-!!-.-!:..v; •# 9c
"'<•••- Aviation Industry Series
2c
,
5-
5-15
Corp,—
shares
5-14
57Vap
##'
(quar.)
Union Tank Car Co.
I
.
1;
5-15
$1.06'A
25c
75c
(quar.)
Corp.__
(non-voting)
•
Founders-^ (voting)
New
—
preferred
4 (4%
York Shipbuilding
New
_______
___—________—•*■:.-
Fuel
«Neiman-Marcus,
4
Lines .(quar.)
&
■
1
25c
6-1
$2
Minneapolis-Honeywell Regulator, common,
50c
t' 3,20'it■ preferred A (quar.) .1I__-__I__—• v
8Qc
(Monarch Knitting Co., Ltd.k common (quar.)
$25c
4%%
preference
<quar.)Il___.:;_-_™-.-_-. $$1.12%
6-
Treesweet
5-10
Tivoli
___
5flc
'
r
•
Name of
5-14
;#___
preferred
Timken
6-
(quar.)—• 25c
preferred iquar.)__
1
$1.18%Midland Oil Corp., $1 conv. pref. t quar.t—.
25c
;■;Midwest; Piping < & Supply
(extraI
$1
1
(quar.)
Extra#
.
1
5-20
Holders
6-
25c
—-##—###_
inc.'
Textron
,.v
5-21 ;
6-15
6-15'
Talon,
.
When
(2069)
'
Payable of 1\ec.
15c
.Technicolor;- Inc,
■'<
1
Per
Taggart
16-1
CHRONICLE
Share
Name of Company. , .
, .
.
.
,
,
Corp. #
1
__#_#—__##,
j
Michigan Consolidated Gas—
4%'%
FINANCIAL
-
4-20
i
' V
*
.
cpnvertible
-
1
6-15
preferred, (quar.) 1—1—12%cMcColl-Frotitenac
Oil,
new
com, ;(initial) ,11.
$2oe:.
McWilliams, Dredging Co. .iquar.)_-J H
15c
+
&
Wk*n
Per
-Mayer
COMMERCIAL
New
15c
6-1
5-
7
27(4c
6-
1
5- 7
$1.25
6-
1
5-14
Power
3.40%
York
preferred
(quar.)
Corp.—
(quar.)_,
Centrifugal
Pipe
Corp.___;
Century Ribbon Mills (quar.)
40c
5-15
5-
85c
6-
5-10
1
1
$1
5-12
5-
3
15c
;
6-15
6-
1
12'Ac
6-14
Century Electric Co.,
93 %C
6-15
6-
1
Common
(cash
dividend)
$1
6-15
6-
1
Common
(stock
dividend)
;
2%
6-14
4
Dominion
Products
Certain-Teed
Co...;
Belt
Hill
Chestnut
Chicago
Quarterly
4%
Cleveland
6-
9
/' 5-25
5-
7
5-15
4-15
8-
1
7-20
6%
35c
6-
1
5-10
6%
preferred A
1st preferred A
8-
preferred
6-
5-15
5-15
4-20
1
6-10
7-
.
Inc.,
Power
Central
Electric
5-10
6-
1
1
5-15
4-30
5-15
4-30
4%.
4%
Electric
Columbia
Carbon
Co.
4%
1
Equity
Gas
Concord
Co.
Erie
6-15
5-20
1
Connecticut
preferred,
preferred
Consolidated
•Consolidated
Laundries
Consolidated
Natural
Consolidated
Gas
Consolidated
Theaters,
Consumers
Glass,
Consumers
Power
50c
Ltd.
class
5-15
Ferro
5-15
1
6-11
t2c
6-
1
5-
56 'Ac
6-
1
5-15
7-
6-15
25c L;
2
6-
■
5-21
t&c
6-1
12c
7-
$1
5-
1
7
$3.75
Co.,
(Interim)
common
i>'
5-
93a/4C
preferred
(quar.).—
Continental-Diamond Fibre
Paint
$3
&
preference
(quar.)
Ltd.. class A. (quar.)
Varnish,
prior
Copeland
Corp.,
5
preferred
:
Brewing
$2
Co.
preferred
Cork & Seal,
Crows
Nest
Crum
Pass
American
,1
135c
;
■'
6-15
'•
preferred
7%
preferred
Cuban
Atlantic
$1
6-
6-30
$1.75
Sugar Co.
5%
pfd.
7-
$1.75
Co.
Coal
Davis
Leather
*
Class
Deere
B
/ 7%
Coke
&
__
.„
Co
-
&
1
5-17
preferred
Dominion
Bridge
Dominion
Dairies,
Common
-.
5%
Co..
Malting Co.,
preferred
.5%
Dominion Steel
Ciass
E
1
710-
1
1
6-15
6-
35c i
5-20
56-
•
5-
5
8-
11-15
6-
1
9-
1
6-25
7-
11-
9-10
12-20
5-15
5-15
10c.,
.130C
12-
'
5-
;
5-
$1
Food
class
A
5-18
6-25
//>. 6-15
#
5-25
Fund—______-
Plan
Motor
Car
Refining Co..
Foods, Inc!, common
6-
6-10
5-11
5-31
5-15
25c
12 Vic
(quar.)..!.—__f—
6-
preferred (quar.)..
preferred (quar.)
preferred (quar.)—.
Hydraulic Press Mfg. Co.. 6%
25c
5-15
•
Idaho
V
Power
Illinois
Zinc
Imperial
/
pld.
common...
Co.
6%
5-
6-30
20c
Steel
Aviation
Stock
.
(quar.).
1
5-20
5-20
4-26
45c
w:
Class
$20c
5-15
8c
5-25
4-
15c
—
(final)
4'/2%
"!
2%
50C
15c
v
20c
5-31
Silver
6%
;
15c
6-15
7-
6-15
1
5-21
6-11/
5-21
6-
5-15/,
5-15
'
37'/2C
1
,
5-
(quar.)—
1
6-
1
K.
Laughlin
preferred
W.
5%
Steel,
5-13
5-12*
40c
6-15
/ 7-1S
Kawneer
Co.
5-14
Kayser
Kern
(Julius)
County
&
Co.
Land
Kingsbury Cotton Oil Co.
.
5-10
0 30c
12-
1
11-10
$1.25
6-
1
50c
•X 7-
3
7-
1
5
4-23
6-16
6-1
Kinney (G. R.t Co., common.
$5 prior preferred (quar.)^^
5-
" 6-
1
' 6-15
.
7
Beneficial
5-15
i
:
6-1
5-14
•
'
•
Kress
•
8c
5-29
5-29
8c
"
5-29
5-29
5-13
5-13
Interest
(S. H.)
7%
2nd preferred
5-13
Kysor
6-15
6-
4
6-30
6-11
6-15
6-
6- 5
5-15
6-
5
5-15
10c
/ 5-20
z!./;!' 25c/C/;Z; 6-25
5-10
75c
/
L'Aiglon Apparel,
Heater
$1.25
5-20
37'/2 c
"5-28
V.
5-13
Lake
5-29
5-29
5-13
2c
5-29
I 5-13
2c
5-29
Inc.
(quar.)
—__i.—.—i_
of
Woods
the
7'i
Milling, Ltd.—
,
5-29
5-13
Lake
Superior
Common
District Power Co.—
; : 5-13
5-13
5-29
5-13
8-
1
7-
8-
1
7-
9
$$1.25
6-
1
;
"
Railroad
^Railroad
Inc.
Bryant,
5-29
5-13
Laura
5-13
Lees
5c
5-29
5-13
Lehigh
Coal
5-29
5-13
Lehigh
Portland Cement
6c
5-29
5-13
Leitch
5-l3
Leland
.
Candy Shops.
(James)
&
&
Sons
Railroa/fl. stockSteel
Tobacco
4-19
Utilities
shares
shares
'
'
*
.'ec.'^5"-292
---
,
.———I—.— :"
,
7e
5-29
i,f >5*13
7c
———
—
Ltd.
Navigation
;
\
6-1
5-15
5-24
;
5-10
6-
it;
4*15
6-
r
5-14
•
•i
,:•«
1
6-
3 7 Vic
1
6.
2
6-
»
35c
?
5-15
6-
$20c
50c
—
?
/.>-■
5*15
$6c
25c
(quar.)—
ih
1
25c
(s-a)
(quar.).
5-10
9
5-15
J
5- 3
5-15
> 3
4
; 6-1
.
5-10
'
a.—
•
shares
:*■
1"'
6-/1
6-
-
$1.25
(irreg.).——
(interim)
(quar,).—.
Gold
Mines,
Ltd.
•
5-15
6-
"!■
5c
5-29
Sccord
Co.
4-26
.4-26
■-
30c
3c
Bond shares-^—
Equipment
5-29
*
5-10
n
(quar.)C..—
7c
——f
,
Lane
Machine
9c
Extra
9
5-10
10-15
1 <- 5- i
/ !/ :
Lansing Co. V——,x—
Lansing Stamping Co
Foundry &
7-15
11
5*15
15C *
MOc
35c
5-29
...
ID
/
(quar.)
preferred (quar.)— i~L'L—
5%
9-15
-
$1.75
$40C
2c
shares
5-10
"6-15
f!
5-13
:
8c
shares
KM 1'
:
$$1.75
(quar.)
5-29
.Mining
1
'5-10
;!
(quar,)
preferred
-5-14
-
v
7-1
$1.50
*
Common
3c
___
1
35c
Lamaque Gold Mines. Ltd.
Extra
66-
>
$1.50
5-10
•4-30
•
6-11..* • *5-18
10c
Lakey
■
'
••'/ 60c ?'
Laclede-Christy Co. .(quar.)
5-13
v
•.
.50CZ
5-13
5-13
50c
r
$1.75
-
5-29
shares...—9c
/
1
6-10
5-25
8c
......._.a
Co..
5-29
8c
shares...
.
•
(quar.).^—
5-29
9c/
■
5
15c
25c
—_
(quar.)
rL._ —....
Kroger Co., common (quar.)__*/ji—_zi
6%
1st preferred (quar.)..*..
6% 1st preferred (quar.)...—
.7% 2nd preferred (quar.)
9c
:
4
4
25c
(quar.)
& Co.
7c
shares
..
5-
Series..^.--—
13c
—/
shares——••/:'•
6-
6-
.
5-15 >
/,/- Ecz'Z
Koehring Company
Kresge <S. S.) Co. (quar.)i_————^
r-'
;.,.-;t50c
>-'
5-25
.
Knickerbocker Fund—
35c
a-....*.
•
$1.25
—/
(quar.).
5-
$25c
Merchandising shares
4-30
8-10
25c
5-13
6-30
,/:
1
1
(quar.).
(quar.)__
5-13
6-30
1
6-15
6-
(quar.)_^._.
Co.
5-29
4-30
6-
*
9-
—
5c
•
A
(resumed)
7c
7-15
5-21
•
30c
...
5-13
7-15
5-5
1
■Z'14c
(quar.)...,
Kalamazoo Vegetable Parchment Co.
5-17
6-15
pfd.
(quar.).
5-13
5-21
6-9
5-15
1
common......
5-29
$44c
7-2
6-
(quar.)
Battery Co.
5-14
$1.25
—
6f 9
$75c
....
Knitting Mills,
&
5%
5-17
6-
3c
Extra
5
7- 2.'
30c
Manufacturing
5-29
5-17
5-
Ltd.—
5-29
5-28
5-21
1
"UtVl ■:?&
6-
■
Foundation,
Fireman
Jones
1
6-15
$1
"'-j$1
shares
6ft<l:
'
$1.50
Corp.
convertible
Jantzen
5-26
6-11
15c
...
•
4-30
i'r
6-10
22 Vic
Co._„
Quarterly
5-30
-5c
(quar.).
J...
$1.25-
...
preference (quar )
Investors Stock Fund, Inc. (quar.)
Iron
$1
$$1.12V2 ;;!>
(quar.).1.—______
(accum.).
Utilities
Investment
4-30
Railways of Central America—
preferred
Tntertype Corp./
8
5-15
-
5-31
25c
...
preferred
5-10
1
/.
.
,'j;.
International
5-10
7- 1
:^25c
shares
Priced
6-
$1.75
pfd. (quar.)
Industries, Ltd.—
,?0,y ii'TJ'li-tii.i'fe't:
^ 140c rri'
....
(quar.)
4-23
6-1
Z
Corp.—>
_2._
10c
Low
6-23
.>
>v
r
Metal
4-23
Ltd.—
International
5 ;
5- 8
;
'
;
(quar.)—.
5 >V
4-28
5-20
6-23
$1.50
Quarterly
.
Company
,
5%
—«
(quar.)
group..
Business Machines
Internationa)
4-16
.'.
A
9-20
Industries, Ltd.—
Co.
;
-
5-15
«
4
bond
Quarterly
;■/>
4-15
5-14
-
Investing
3
6-
-
37V2c
v
group
and
International
6-19
12-20
(resumed!
(quar.)
Co...
Shares,
Institutional
5- 5
:v
5-15
1"
5
9-30
/ Extra:
Inland
6-11
.
5-
-
12-30
<
Ingersoll-Rand
6-16
;,•/
5-15
-Z 5-
$1.25
.'■
————-
pfd.
deposit receipts
"
6-16
5-15
r
*
Railroad
Chemical
American
-
:
Co.,
Central
Illinois
3
5-15
7
%: $1.25
—
5-
;
1
6-30
$1.25
.1
4-30
1
55-
5-15
y
,
57«
Machinery shares
10c
Institutional Bond shares—9c
5-
„
4-27
•
rC
1
56 Vie
5-15
$2.25
Mining
Smelting
k
(increased semi-annual).
6-1
Co.
(quar.)
Peanut
(Tomt
;V-Z
(quar,)
5-21
75c
(quftf.).—Z—
A
5-10
3c
!._
Oil &
preferred
5-12
1
10c
•
preferred series
3
10c
(quar.)
5-15
25c
(quar.).
_____
Extra
,$1.50
7-
5-21
1 Z'/v 5-10
(quar.)..—
International Harvester Co. 7%
7-1
1
1
...—....
5%
5
25c
—
6-
6-
International
25c"
5-20
6-
5-21
,
1
3V/2C
—:
(quar.)...—
5%
4-26
,
5-20
6-
25c
1
I
—
Corp., ccmmon
preferred (quar.).—.
Huston
5-10
5-15
/>:
7-20
6-
$1.06 Vi
5-10
5-25
y
7-30
/
Huttig Sash & Door Co.
1
'
25c
25c
50c
Stores
$2.25
5-14
5-
25c
.
4-24
Hunts
5-14
/
1
:—
6-
preferred
Y.)
5-10*
Industrial
6-10
5-20
5-28
*
$1.25
/
1
37y2c
Extra
8-10
$12'/2c
$25C
25c
4
4-24
CoVsii.—..Wi—-•-■-i———-56c5-24 >•; 5-/3
Bond
4-24
5-15
(N.
6-1
"XX
General
5-15
5-15
Hardart Co.
37y2c
Extra
5-15
'•>
$1
(quar.)
6-12
,
Co
Administered
4-24
preference—
& Co.—
25c
—
—
5-15
(quar.)
common
6-10
1
37 %C
■
Corp.,
$1
;
9-15
5-
$1.50
&
Humble
f
$2cu
Equipment
6-15
1
5-15
(quar.)
5-
(reduced)
shares
10-
$1.25
(quar.).
common.
84%c
shares
■^; Fully
preferred
preference
5-14
7- 1
15c
....
5-15
(quar.)._^^.___
Ltd.
6-15
15c
62 Vic
■
5
6-
5-15
50c
...
class A
*'
:
Corp.,
—-
'
(quar.)
57«
5-15
4-30*
1
2
5
6-25
r'h'4 5c
."•/:./
Inc.
1
Z
25c
!_
/
7-
8
3
6-15
6-
25c
common
!'.. $1.50
_
6-19
6-11
25c
y
common
(final)
6-
5-15
6-30
$1.75
(quar.)
Rubber,
pfd.
5-10
6-30
5-18
.
."9-30
>■■■■
(quar.)—
—
2nd
$6
5-28
5-25
50c
...
$1.12'/2
V"
Inc.,
shares
Electrical
5-14
►
Coal Corp., Ltd.—
1
25c
50c
,
—_
Co
25C
.......—
7-20
10-20
\
—
5-18
I
6-
6- 1
30c
(quar.)—
(s-a)
(quar.)
Co
"
Building
5
Ltd.—
^
6-
lc
Chemical
..
5
$$1.25
———
25c
$1.
$$1
common
preferred
1
6-
'
—
2
6-10
5-
Hudson
■*. 5-14
(quar.)
—^
811-
17 V2c
6-19
/; 4-26
(s-a).,
pfd.
$1.37Vi
—.
25c
5%
6- 1
12'/2c
3%%
Co
Paper,
5-11
7- 6
$1.37 Vi
_a>
(quar.)
Co.
1
7-20
5-27
5-
5-15
5-14
shares
Petroleum
Investments,
6-
6-25
~
•
8-16
5-28.
.
6
'
■
5-15
$25c
50c
$1.50
30c
4'4%>
6-15
Extra
Ltd.
(special)
Co.,
Union
5-
"7- 1
<<25c
C
&
non-cum.
*
$. 5- 6
30c
(quar.)
common
common
Co., Ltd.,
Aviation
1
25c
*
6-10
(quar.)
com.
....
Hussmann-Refrlgerator
—
W.)
Automobile
6
6-15
25c
...
6-10
6-30
$1.06 V4
6
30c
Group Securities, Inc.— 1
Agricultural shares —i
12-23
62y2c
(initial)—
6-10
6-30
A
(quar.)..
Pineapple
(Henryt
Howard
•;
;
/ -
1
1
75c
(quar.)...;
(accum.)
&
&
5-
-',5-28'
t25c
Co...
(H.
Power
4-26
7-
50c
—_
6-10
6-30
convertible
5'/(
,;/5- 6 *
.
Granby-. Consolidated
Gtand
4-26
12-23
J
(quar.)
preferred
Mfg.
'
5-15
37 y2 c
(quar.)
com.
5-15
i,
50c
(quar.)
Dominion-Scottish
.
Ltd.
Ltd.,
8
10-
15c
preferred
non-cum.
Foods,
4-30
50c
—
6-30
' /
■
Wholesale
Hotels
Howe
;
&
preferred
Grafton
5-28
50c
/
5-15
$1
class
in
Refractories,
convertible
Horn
5-28
/
'
:
(monthly).
5-
5-11
$1.75
..
Fields
1
8
$1.75
(quar.)
Oil
6-
,
1'5-
$1.75
.....
(quar.)—
Co.
,
,
(quar.)
Match,
Mfg.
Dominion
.'Gordon
6-21
20C
participating preferred (s-a)
Cup Co., common
(quar.)...——.
5%
$5
5-10
20c
_
1
1—
4-30
t
(quar.)
(Goodyear Tire
6-23
6Cc
(quar.)
common
non-cum.
Dominiguez
Preferred
:
6-10
$1
(quar.).
(quar.)
A
4
50c
(quar.)
preferred
Class
6-
6-30
1
25c
35c
Yards
5-15
6-
...a
7
-5-28:
Ltd.—
Goodall-Sanford.
5-17
1
1
preferred
Dodge
1
7-
5-15
5-
•
$25c
-
Rubber
6-
non-cum.
Dxle
Goodall
6-
u.
5-15
1
SI
payable
Electro-Chemical, common
preferred > (quar.)
,-j.—
Hoover Company com; (quar,)
;
414 f/c preferred (quar.)
Hormel (Geo.)! & Co., common
6%
preferred (quar.)
4-15
5-15
5c
Gossard
non-cum.
6%
Mines.
7
$ny2c
5%
D.amond
1
5-
5-1
5%
5%
5-
4
7 6-
—
5-15
1
6-
$4.25
$25C
$25c
Co.—
Co.,
Goldale
4-16
$1
4-30
-//Extra
1
Stock
j
,
Co..—
5
5
15c
Advertising,
A.)
Brewing
6-
(quar.)
1
6-
Hooker
V 5-11
:
(quar.)
(S.
6-
Holt
1
$" 1
.
(quar.)
11-
15c
________
>
Goebel
Gorham
Co.
6-
1
5-25
.
25c
V.:
(quar.)
Orleans
47e
5-15
u
Investments
11-15
15c
(quar.)
5-25
50c
(quar.).
Monthly
4-30
37Mic L
,
preferred
5
75C
/_
6-15
5•
50c
Co.
preferred
Pulp
Hilton
8-12
1
$1.12y2
.,
(quar.)
5-
1
Derby Gas & Electric Corp.!
Derby Oil Co. (Kansas) ^increased)
Detroit-Michigan Stove
-
A
Class B
6-18
1
$1.75
Rayon, class A
Dennison. Mfg. Co.,- class A (quar,)
Voting common
_L.__.__
Dentists' Supply Co, of N. Y.—
/Z/'/t/iZZz/j
7%
preferred (quar.).,
7%
preferred (quar.)
1%
preferred (quar.)—
-'
Class
/
1
$1.22'/2
-—
Tip
5-
__
A
Spencer, Bartlett & Co.
Monthly
■
Monthly ■
.........
/
7-15
1
6-
(initial)
Brewing
1
Union
.
&
Chocolate
v■
5-20
'
,
(quar.)
••
.■
6-
7-
12'/2c
Inc.,
2nd
conv.
6-
(quar.)
$1
....
6-
$1
$1
Corp., common
preferred (quar.)
$2
common
6-15
dividend).
dividend)
Powder Co..
$4
9-15
1
$1.12'/2
'
preferred
Paint
$371/2 C
Hudson
25c
Genesee
8
9-17
/
5-28
_.
class
5-10
5-15
25c
4%
(cash
Hershey
Co.—
■
Corp.,
preferred
.i—..
Delaware
Denver
7-
5-15
........
Co., Ltd.,
preferred
Delaware
(quar.)
1
5-10
4%
Quarterly
,
Mills,
class A (quar.).—
(quar.)—.:.—
J
Co:,
&
Door
Manufacturing
Davis
(s-a)
J.
N.
(quar.)
Corp.,
5-15
50c
.,
6-
5-14
5-15
1
75c
(quar.)
dividend)....—....
Hercules
6-15
5-15
5-14
$1.25
6-18
1
87V2c
(quar.).
...
Metallic
(s-a)
(quar.)
10c
Publishing Co., $4 prior pfd. (quar.).
Cushman's.Sons, Inc., 7% preferred (quar.).
Darlington
Co.
Outdoor
Gerrard
Curtis
Dihlstrom
Co
10c
...
1*
25c
Furniture
New
8
6-15
6-21
35c
6-14
5-
.
9-30
$1.25
(quar.).
Inc., 3Vi% preferred
(Missouri)
(irreg.i
Press,
Mfg.
25c
General. Public Utilities Corp. (quar.),
General Steel Castings, $0 pfd.
(accum.)—
General Steel Wares, Ltd., common (quar.).
4-21
"
2
7- 1
10- 1
/ 6-10
$$2
Co
Co.
5-
...
:
Industries
v
.
Semi-annual
Cuneo
&
'5-14
8-16
5-15
6-10
Philadelphia
of
7
$$1
Phoenix Corp., $1 pfd.
(quar.)——
vL; $1.50 preference (quar.)
(resumed)
/General Portland-Cement Co.
L.
9*
5-21"
5-15
v
$2
iquar.)—. \
_
(quar.)
(quar.)
Calif.,
Mining Co. (quar.)
Hemisphere International Co.—
7
(s-a).
General
Sugar
150c
$$1.50
Culver Corp.—
Semi-annual
.Curtis
6%
$1
■•••
•
1%
6-
(quar.)
Hecla
55-
8-
General
1
4-
'
■
:
—_—
Co.
1
50c
pfd. (quar.)..
Canada, Ltd.—
L
of
Foods
General
1
5-
5-21
50C
6-
5-10
25c
.
of
preferred
'
Hawley
12-31
6-
183/4C
L
(quar.)
Kleiser
General
5-10
25c
(quar.)—.—
(s-a)
6-1
Hibbard
Light, 4V2V0
Finance
General
1
6-15
—^—__—
5-17
1
(quar.)
'
(A.)
Haverty
6-30
7-
40c
Rubber
&
6-
$2.50
$2.50
\
General
; <5-14
'"4-30
6-
•ii
Co.
preferred
5'/2%
5-14
1
(accum.)—
pfd.
convertible preferred
4^15
5-15
933/4C
...
7-31
1
dividend
Harrison
(Syra¬
preferred A (s-a)
4%
5-14
,•
"
Inc., common...—.
preferred
8%
6-
6-
6-
...—
(quar.)
preferred (quar.)
preferred (quar.)...
General
8rll
7 5-15'":!
/
5%
6-10
5-27
'.^$i.25.
Ltd.
Coal
Forster,
&
Cuban
(quar.)
(quar.).:
Crown
A-i'l
,5-22
'*iocv
(irreg.)
Seal Co.,
&
5-22
6-10
•5-21.-
50c
preferred
General
6-10
6-10
17'/2c
(quar.).,
:
preferred
3Vi'%
Crown Cork
5-15
6-257,
125C
....
Cremo
5-14
1
6-25
;'V.V 25c
I—
Investors, Ltd., class A.,—.
Paper Box Co,,* Ltd,,' common—5%
preferred (quar.)..
Cosmos Imperial Mills,
Ltd.
(quar.)...
Co..
1
10c
—
(reduced)—
Corp.
•
75c
-
______
Corp.——
Corporate
Crane
■>(
25c
Corrugated
Cory
6-
H
1
$1.25
Gary JT.)
5-14
'
6-
8-13
„Year-end (extra)
& Co., $1,60 1st pfd.-(accum.)
General Cigar Co.,
common—
v
7%
preferred
(quar.)
5-28
1
5C
(quar.)
1
6-
$22 Vic
(quar.)
67* pfd.
Co..
common
preferred
(cash
B
Harris
11-15
V
Gamev/ell
6-15
-
6-
•
75c
....
Inc.
1
6-
tl5c
;
6%
6-15
9-
(quar.)
Bros
1
12-
(quar.)
Co., 4.90%
(Robert)
>•6%
5-25
7.6-10-
>
'•;V::25C
—
(quar.)—.
common
Refrigeration
Sxtra
Coro,
(quar.)
common
Co..
Cooper-Bessemer
$3
25c
prior
Cook
Cooksville
?i *77-
6y2%
of
&
Power
&
6%
6-12
$1.25
(quar.)_____
Corp.
prior preferred
6%
6%
5-20
1
6-15
25C
—
Ltd.
Co.,
Harbison-Walker
5
1
$1.25
Extra
Gair
6-11
•'
5-20
6-
50c
'•■•"•'
96-
75c
stock
7-
75c
10c
Sulphur; Oo. (quar.)
-■
Fruohauf Trailer Co., common--^—-.—..4%
preferred (quar,)^.:
Gair Company, Ltd., 4% preferred
(quar.). /
4-28
;■ 5-20
$1.12% .V:
—
9-25
85c
...
(quarf;)'L-_iL
(Stock
5-14
6-
Freeport
5-20
■6-1
v;
50C
(quar.)..
com.
6-25
25c
■'■_
A
Class
6-
;
Corp
preferred
Fownes
:
6-15;
4-30
5-21
(quar.)
Foster-Wheeler
5-14
;
5-15
(quar.)
A
'quar.)
Works
Power
Foster
4-15
1
6-
5-15
'•
(accum.)—
Extra :
/ Class • B
5-15
1
Co.
Ltd.
Tire
A
Class
6-15
7-26
$1
$1 1 ■25-49
v
,
,
5-26
5-17
$1
:
Oil
Hawaiian
preferred (quar.)
Corp. $2 pfd. (s-a)
Class
.
9
5-25
6-25
York
4%
5-14
.
1
Extra;/
5
6-21
Corp.
Screw
Florida
5-15
8-
6-
40C
•; 750c
Co.
Inc.
Ford Motor Co.
t
6-15 i/;,
$1.25
—
&
B.)
Enamel
First
5
5-
$1.25
(quar.).."
.*
(A.
Grain,
4Va%
4-30
6-
.
5-25
Tv
Firemen's Insurance
5-15
i2'/2c:
(quar.)
Can
pfd.
conv.
Association
■
Continental
pfd.
5%
(quar.)
Federal-Mogul
'•;/ 4-15
6-1
$1.25
(quar.).
1
6-
5-24
.
$7c
Co.,
convertible
5'/2%
(s-a)
Park.
Federal
1
40c
•
Container
preferred
S3
Y.)
N.
Federal
:
6-
6- 1
*25c
(s-a)
,Z
Instrument
Watch
Extra
•
Federal Fire Insurance Co. of Canada
$1.13
A
1
(quar.)
Cotton
Hancock
4-23
:* V: $1A
4-30
t-
common
preferred
(quar.)i
Corp. of America,
$4.50
Electric,
Morse
Firestone
(quar.)—„—
Co.,
7-15
5-20
(quar.t.j
Telegraph Co.—
Fashion
5-
.
4%
5-15
15c
25c
50c
(quar.)
Farquhar
.
.
1
1
30c
4-20
—
-
2
6-
9-
21c
21c
Quarterly
.
5-14
25C
Mills, Ltd.—
5%
preferred (s-a)
4 Vi %
prefeired
(quar.)
8-
—
5-15
5-15
$1.50
Textile
9-15
(quar.)
1
6-10
Paper Co
Consolidated
Co.
5-14
•
(quar.)__
Co.
(s-a)
Hamilton
10c
5-10
Corp.
Hamilton
6- 1
Stock
5-15
50c
(quar.)—*—
5-21
6-15
75c
6-
V,.
7-
Ltd
Mines,
6-10
$1.25
—
6* 1
$i.06y4
Inc., com.
Hallnor
Co.
(quar.)
Stores
Class Z B
Farmers & Traders Life Insurance Co.
2 Vi %
...I—--.
1
Bros
$15c
5-15
Fire
Y.,
N.
1
*25c
Water
Corp.
45c
(quar.)
-
Co., 5% pfd.
preferred A (quar.)
preferred A (quar.)
Florida
—
1
$1.50
1
z
7-
Hammond
6-
Ltd.—
Corp.,
10-
Corp
$1.50
Ltd.
Railroad
5%
Co.—
Utilities
Gas
5-
Fairbanks
$1
of
5-15
5-20
(quar.)
(quar.)
Hale
1
15c
(quar.i.——
Consolidated Edison Co.
4-30
25C
Hampshire;
Power
5-15
6-
37 Vic
___—
Co.
Power
Hajoca
5-20
(accum.)
River
Connecticut
Hackensack
6-16
1
—
1
Quarterly
5-20
1
6-
Corp. (quar.)
Mines, Ltd. (s-a»--
.Coniaurum
Corp.
5%
Co.—
(New
preferred
Mills
6-19
6-10
& Equipment—
20c preferred
4-20
6-30
$4c
(quar.)
7-
30c
(quar.)
1
11-
Quarterly
preferred
50c
$1.12y2
$30c
.
Oil
$1.50
convertible preferred
5-
1
(quar.)
(quar.)
Telephone
5
(quar.)
1
6-
&
District
cuse,
International
Commonwealth
5-
45c
(stock dividend
(quar.)..
—
preferred
Columbian
5-15
50c
Pictures, coin,
Commonwealth
—
33V3C
Corp.
7-
Gypsum Lime & Alabastine of Canada, Ltd.—
Quarterly
Ry.—
convertible preferred
6-
5-15
50c
preferred
(quar.)
Milling & Elevator (quar.)
(quar.)
3
—
Emsco Derrick
12-
50c
;—-
$1.25
...
5-
(accum.)
guaranteed
Empire
87J/2c
(quar.)
4-29
4
$1.25
(quar.)
5-15
Associates—
Empire & Bay State
6-16
—
preferred
pfd.
25c
30c
National Watch (quar.)
Ely & Walker Dry Goods (quar.)
Emerson Drug Co., 8%
preferred
5-16
7-
(quar.t__—-
1st
Gulf
Elgin
5-10
Fuel & Iron Corp.—
&
B
Products,
Rubber
5-10
—
1st
5%
5%
4-30
5-15
6-
75c
Cooper,
5-17
25c
30c
3
(quar.)
(quar.)
Hose
1
1
!;
56 Vic
(quar.)... /
(quar.)
5-
Inc
$2$C
common
5-21
,
Street
Ferries,
$25c
(quar.)
1
Monthly
Monthly
6-10
convertible
4-%
1
6-
(s-a).
Gas
$5
3
6-
—
Stores.
Colorado
3%
5-
5-15
$30c
com.
6-
Die
&
5-15
(quar.)
preferred vtc (accum.)
Eaton Mfg. Co.
(quar,).:
Edgewater Steel Co.
Ltd.—
Co.,
(quar.)
Griggs
Holders
Payable of Rec.
■
25C
;
9-30
Tap
(quar.)—
pfd.
$5
8 7 tic
(quar.)—
Co.
Columbia
7%
8-14
1
$20c
preferred
Colorado
Cone
9-
55c
(quar.)
Plow
1
preferred (quar.)
Dredge & Dock Co.
Lakes
10c
Electric
preferred
(quar.)_—
preferred (initial*—
$5
Steel
Sugar
50c
Colgate-Palmollve-Peet
$4.25
t%
Eastern
20c/'!
preferred
5%
5-10
RR.—
Semi-annual
10-
When
Share
"
$1.12'/2
Hardware,
Co.
Massachusetts
1st
6-15
20C
B
Greenfield
Co
Mfg,
Picher
1
40c
—
Cockshutt
5%
Eagle
Inc.
Industries,
Colorado
Dupuis
Dwight
Z/6- 1
-
15C
common...
5-15
$2.25
(s-a)—
preferred (quar.)
Freres, Ltd., 4.80%
4Vi'k
Eastern
(quar.)
Great
1
1948
Stores
$1
7-15
(quar.)
Cochrane-Dunlop
4 %
5-20
1
$1
4-15
6-
A (quar.)
Dravo Corporation,
common..
4</«
preferred (quar.).
Dun & Bradstreet, common (quar.)
6-
61.25
5-14
preferred
Eastern
(quar.)——-—-—
Corp. (quar.)
Coal
Monthly
$3.50
4
4'1>
6-15
Monthly
Colonial
6-
$1.25
Pittsburgh
&
Ciinchfleld
$1,20
5
Grayson-Rofcinson
common
35c
——
Illuminating,
guaranteed
guaranteed
Class
6-
Co.,
75c
(quar.)
preferred
Clinton
5-15
Drackett
1
6-28
common......
(quar.)
Electric
Cleveland
4%
5-
25c
(quar.)
Investing Co
Machine Corp.
T/c
5-15
Company
5-18
$$1.12y2
$25c
—$3
15c
(quar.)
(quar.)
Co.
Drug
6-15
(quar..).,——.—
Clearing
$4.50
Dow
New Orleans <fc Texas Pacific Ry.
preferred
preferred
5%
6-10
1
Per
Name of
Payable of Rec.
6-15
...
(quar.)..—
Rockaway RR.
$2
(s-a)
Milling Machine,
Cincinnati
5%
7-
Ltd.
S3
-_!———
Co
preferred
Dover &
Brothers,
25C
& Electric, common...
Inter-Terminal RR. Co.—
Cincinnati
5-17
75c
„
preferred
4%
City
(quar.)...
Gas
Cincinnati
6-10
50C
__—....!__w_..u.....*>
Oil Co. (quar.)—
Copper
Cincinnati
Dohohuc
30c
Cotton
Chickasha
4Va%
4-30
7-
$1.12ya
Burlington & Quincy RR......— —
South Shore & South Bend RR.-—
Chicago
Chile
RR.
5-IO
5-10
50c
Corp. of Virginia
Chesapeake
Paper Co.,
convertible preferred
6-18
5-25
25c
L-.«—
Engineering (quar.)—.....LChampion Paper & Fibre, common (Irreg.).
$1.50 preferred
(quar.)
—
Chase
Candy Co
Chambersburg
Share
$37'/2c
(quar.)
Ltd.
Ltd.
Stores,
Donnacona
1
40c
$1.12 >/2
(quar.)
prior preference
4Vi%
Chain
Name of Company
Payable of Rec.
Monday, May 10,
Holders
When
Per
Holders
When
per
Share
Name of Company
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2070)
46
,;5-29
,.-■5-13
3c
5-29
5-13
Electric Co.,
Libbey-Owerts-Ford
Libby
5%
Glass
McNeil & ^ibby
(quar.)..—r.—__—
pfd/ (quar:).
conv.
(quar.)—:
(s-a>——
12c
5-15
4-15
"
Vic
-•
6- T
50c
*
6-10
250
31
->
25c
,5-17
5-17
4
"5-20
5-27
,^.4-J9r
4-19
Volume 167
Number 4697
THE
Per
Name
of Company
Share
Liberty Life Insurance
Corp.__
Liggett & Myers Tobacco (quar.)
Lincoln
Life
National
1——
7-
1
6-22
40c
6-
1
5-
6-
$1
5-11
1
&
Lionel
Co.
(quar.)
Corp.
Liquid
(quar.)
Carbonic
3%'it
Little
capital
Original
Original
7-10
4
5-20
5-
7
6-1
5-
1
5-29
5-14
com.
25c
25c
6-
1
.;
■,
6-
1
capital
6-10
Guaranteed
(quar.)
Guaranteed
(quar.)
_
12-10
3-10-49
Guaranteed
iquar.)
Special
Guaranteed
(quar )_____—
;
6-10
9-10
50c
—_—
12-10
Lone
Star
Gas
Co.
2-24
7%
>
class A
§4
(Md.)
1
6-
1
6-
1
5-
5
1
5-
7
National
Baltimore
Louisville
&
"Lowensteln
tM.)
■<'vCommon
80c
(irreg.)
pfd.
(quar.)
'
V-4%%
preferred
Mfg.
Steel
Lukens
&
RR.
-
quar.)
A
1
1
Co.
Lumbermen's
88c
;;
Co
3:
J.
M.
&
5.30c
•;
.
Corp.,
".r:v
%c
6-15
-
V
;
—
;
—,
common
Mead
5%
'
Telephone
'Initial
5-
6-15
Midwest
Oil
Co.,
6-
1
5-29
5-21
6-15
5-31
6-
5-10
5-15
5-
5-15
5-
6-10
5-15
5-
50c
6-
1
50c
.6-1
V
6-
1
5-24
;
6-15
5-14
Dock___
5-15
Xv
6-
1
P-
I
fr-27
6-
VX
Ohio
1
I
5-
6-
1
5- 7
4-30
Olln.
6-
50c
20c
Co
(quar.)
&
f4Qc
9-
1
8-13
J40c
12-
1
11-12
25c
6-
1
5-19
87Vj!C
7-
1
6-16
preferred
Rice-Stix
7%
7%
Dry
1st
%
4c
6-14
X 5-14
25c
vj8%
preferred (s-a) ———.—:
Miller & Hart, Inc;
" '
) ^Common _S
.JJ,L-
fv
7-2
6-20
...i? Common
L.*--:—
$1
prior preferred
•I $1
prior preferred
25 c ;
2
9-20
7- 2
€-20
$3,60
9-20
Outboard
$1.62%
5-15
5-1
Pacific
(quar.)-;,
::%V6-
25c
Co.. common (quar.)_
V 25c X
$1.25 -"
'
50C
Mills^-i--—.--iL—Monsanto Chemical Co., common <quar.)__
50C
$4 series B (Initial)
: $1.22
$3.25 preferred A " (quar.)-———
$1.62 %
Montreals Cottons, Ltd., common (quar.)
+12c V
:7%v preferred .(qitar.)—
*v; *44c ;
4%
preferred
6-15
5%
5-
Rolland Paper,
Ross
5
4-30 7
5-18
:
St.
I:
7"
2
2
6-20
-
6-
1
5-
1
/
6-20
San
Service—
'
;
-•*
(
(quar.)
1
,
-
75c
.
(increased)
Co.
1
$1.25
Co.
(quar.)
(Calif.),
1
V; 5-10
% 5-10
1
.
Gas
5V2%
v
Electric
&
6%! preferred ,
Pacific Lighting
■
1
5-10
Pacific
Lumber
6-15
5-13
Pacific
Mills
6-15
5-13
5-15
5-1
5-
Corp.
1
Morris, Paper Mills,
4% %
(quar.).—-—
common
-preferred/'. _•—;
Corp.; of 'America,
Paper
Mills
Mosinee
Motor
Wheel
Mount
Corp.
Diablo
Oil
com.
(quar.)
-
.
———
5c
&
6-15
6-
5-
1
(quar.)
—
.
5-31
V
i
V
5-14
t.The
.
City
above
dividend.
Copper
payment
V
___
Co.——;
is
5%
:■
6%
'75C
.
XV
lc
40c
>
6- 3
6-
3
X
5-15
£.
5-15
5-15
first liquidating
a
Stock certificates must
be de-
'J Common
'
Common
•
'
•
livered
'
personally or by mail to Rom
Secretary
and
Treasurer,
■'ty $1
Warburton,
t
$1
:
Room
821, Kearm Building, Salt Lake
City,' Utah.
Certificates
will
be
re-
preferred
preferred
A
140C
'
:
0-
1
:«
Mountain
.Extra
Producers
(increased
% 10-
1
Mulllns
Mfg. Corp.
1-49
25c
:
5-15
25c
■'
(quar.)__„„__„^_____-_(quar.)_
V
'
v
preferred (quar.)preferred (quar.)—-—
Murj)hy (G. C.) Co. (quar.)
Muskegon Motor Specialties Co.~
$7
,
Machine 61 Gear Co.
class
A
5-14
6-14
5-14
6-
'
,
preferred
6To. preferred
6%
preferred
8-14
37 %C
6-
5-14
;
6-
5-14
1
:
(quar.)—.—
$1.50
(quar.)
(quar.)—_
$1.50
9-28
9-16
$1.50
12.28
12-18
Mutual Telephone Co.
6-28
6-17
(Hawaii)—
preferred A 4quar.)__i_.
preferred A (quar.)——,
12c
4.80%
12c
9-12
8-23
4.80%
preferred A
12c
12-12
11-23
(quar.)—-————
12%c
5-14
5-
Cc.-_i.-—-
50c
5-25
5-11
4.80%
,
•
(quar.)
5
National
Acme
Nation?,! Alfalfa Dehydrating &, Milling Co.—
•r 6%
preferred iquar.U
National
Alumiriate
Corp.
(quar.)—
;
5
Skilsaw,
i
;
f- I
V
4-30
6-
1
5-14
6-
1,
5-15
6-
1
5-15
6-15
5-17
5-10
25c
•
6-10
5-10
10c
common
7-
1
6-
1
6-10
;v,,v3l(4c
7-
1
6-10
25c
6-
1
5-18
6-
(quar.)
25c
1
5-18
t30c
5-25
4-15
62l/2C
,
;
5-15
4-30
$1
1
5-14
Canada—
-
—
i$1.75
7-2
6-10
J25c
6-30
5-31
50c
6-15
50c
6-15
6-
1
50c
6-15
6-
1
50c
6-15
6-
1
(increased
Ltd.
class
A
,
quar.)—
(quar.)
4
common
.
iquar.)—
20c
iquar.)L__
6-
1
6-
1
50c
;
Ltd., 47a% prefwred
Corp. (quar.)
6-
621ic
;
—
6-11
$$1.12^-'
6-
1
5-18
5-18
6-
2
6-15
5-14
5-15
25c
4-15
25c
Inc.
Steel
&
•
—
&
(quar.)
preferred
3 Va 'jo
.
Iron—
Sons
Carpet
6-14
6-
1
6-19:
6-
9
4-15
7
Co.—-V
35c
^
(quar.)
5-15
30c
40c
(quar.)
Common
:
7-17
5-15
40c
.
:
common
(quar.)
Smithy (Alexander)
;
1
40c
Oil
Slo;s-Sueffield
4-15
8-
119c
Extra
2-
Sinclair
7-18
5-28
8-
25c
V
6-10
5-10
6-
87 Vic
...
5-
1
1
Solar Aircraft Co.
1
:
6-12
Pittston
5-22
Co.
4-
9
1
Sonotone
6-
1
$125
V
,
6-30
Inc.
Co
.
30C f
25c
X' 6- 1
%% 6-30
6-
Poor
8
30c
6-
1
5-15
5-15
4-30
Co.,
Class
;
62l/aC
&
Portland
class A
B
Transit
Pressed Metals of
Stock
dividend
V
1
5-11*
South
1
5-11*
Southam
6-1®
Southern
75c
6-
1
5-7
6-
1
5-13
$1
$1.50
6-
% 6-
$1.37%
6-
"4.88%
Southern
5%'
Railway
___\
'
(quar.)
Water, 4%
pfd.
(quar.)
'
Power
Co.
Co..
Ltd.
5-14
5%
non-cum.
preferred
e-1
5-15
1
;
5-15
5-
5-20
4-10
3
'
12 V2c
5-21
5- 6
5-31
5-15
5-15
4-19
5-31
5-
Z0v2p
5
6-
1
5-17
6-
1
5-17
5-15
4-20
(quar.)..'
*30c
Insurance
Quarterly
Co.
(Dallas)
6-15
6-15
5-14
9-15
8-13
40c
-
$1.25
'$1.25
(quar.)
Life
1
5-15
75c
1
Southwestern
1
6-
25c
(quar.)
(quar.)
5-12
6-
6-30
$0.2656
preferred
6-18
6-30
60a
V,
5-31
10c
;V-
(quar.)
non-cum.
5-15
;
""
75c
,
Edison—
5%
1
6-
Canada
Southern
5-10
25c
preferred
474%-preferred
4-30
}25c
(quar.)__
5-14
6-10
12%c
California
5-15
31>/4C
:
*
(quar.)
5-15
5-26
X";
Works
Ltd.
1
7-
37 %c
Lathe
Co..
1 ;<
25c
5c
Bend
Southern California
1
50c
"
Co
———
7"
vV7-15
62 %c
•
—___________________
America, Inc.—
1
•
______
_________
6-30
Pulp Co. (quar.)_
Corp., common (quar.)_
preferred A (quar.)
Souih American Gold & Platinum Co.—;
Incroased
1
20C :
50c
(quar.)
v
6-
4
_______
_____
(quar.)22%c
convertible
91 %c ■V, 6-
______—
.(initial)
preferred
Soundview
V 6-
6-30
.'■.'.'■'•$4
(quar.)___
Hosiery
convertible
6-30
"
Phoenix
Plywood,
90c
5-20
;
35C
*
Myer-Bridges Co.
Co.,
I
6-12
85c
9174e
(quar.)__——
lie u-''l 5-10
•
___________
6%
B
Simpsons,
u:
8-;lr
5-11
4-20
55c
—__f;
V'.',: 25c
>
common_____________
preferred——
non-cum.
Philadelphia Electric Co., common <quar.)_
$1
preferred
(quar.)
Philadelphia Suburban Water Co., common
$3.65
preferred (quar.) ______
Philadelphia Title Insurance—
Phillips Petroleum (quar.)
—_——
Plllsbury Mills, common (quar.)
$4
preferred
(quar.l
Pittsburgh Bessemer & Lake Erie RR.—
6% preferred (s-a>_—i—_________
Pittsburgh Steel Co., 5% pfd. A (accum.)___
5%% 1st series prior preferred (quar.)
5-15
9-
Co.,
T
5 %
6-
$1.75
—-
y
Philadelphia
6-14
50C
*
Corp.,
(quar.)
preferred, (quar.)
11-
V
—
(quar.J
Chemical
5%
5
_________—
<2
Mutual
Class
5
■
7%
preferred (quar.) ______
Perron Gold Mines, Ltd. (interim)-
$1.75
—
4
Gas Co.,*
&
Extra
5-
:;V
5-21
'
21.75
—
Acceptance
preferred
8-
8-15
9
6-15
5-10
<
^Simmons Company
'
5-10
6-
1
6-30
.».l'.$31.l/4c'
(quar.)
Signode Steel Strapping,
12-15
62%C
,
^
$7
Co.
Banknote
Oil
■m
9-15
1-
62 %c
,
:35c
———
V:
6-15
7-1
62%C
_________
35C
s-a)—
pfd. iquar.)__
common
(quar.)-
'
——i.-*——.
6-15
5-25
7-
27V2C
$3.65
Extra
'
'6-30
8-27
11-29
'-5- 7
50c
,
,
Co.,
Breweries,
V:
6-12
4-24
-
1
12'/2C
—
(quar.)___A2—Vi
&
Sick's
5- 5
*5-15
5c
(initial).—
i
Ltd.,
iquar.)——
Signal
/"V 5- 5 '
6-30
68 %o,
,
6-
Association,
.
•%'
1
,50c
$$1.06
75c
Sherwin Williams Co. of
6-
$1.50 %■
50c
■/:
__
$1 preferred
(quar.)
Shawinigan Water & Power (quar.)
Sherwin-Williams Co., common
4% preferred (quar.)
V
6-7
—
Perkins
8
6-; 1
31%c
r
:
Loan
(quar.)
Co.
preferred
Security
v
L
pfd.
Co.
Co.,
Securities
5-20
.
>
j stained bv the Company and receipts is-;
t'f sued. These receipts must be preserved
H *
by stockholders, because they must be
T-.ti:1';- Surrendered to secure payment of the
second and final liquidating dividend to
be paid several months hence when the
'.
"
company has
completely collected and
».'■ ..-.v, liquidated its'assets.'','y
6-
4 7i%
Carp
Roebuck
■.%, 5%
1
9-15
12-15
15c
1_
Ltd.,
Remedial
preferred
Sears
5-20
i
5-31
115C
$1 preferred (quar.)
25c :
11-15
$1 preferred
25c 2-15-49
(quar.)____
Penman's, Ltd.,
common
(quar.)
%V' ^75c ;
5-15
Pennsylvania Electric Co.—
7; *
3.7% preferred series C (quar,)__——92%e :6- 1
W :4.4% preferred series B (quar.),—
$1.10
"
V;
V" 5- 8
6-15
5-15
6-1
$1.06%
V,
% 7- 1
4
25C
(quar.)■'
(quar.)
6-15
$1.25
$1.25
(Del.) (quar.)
Seaboard Surety Co. (quar.)_i
5-15
.6-
5%
1%
(aecum.)_;
Grinding Wheel Co.
Peninsular Telephone Co.—
>•: Common (increased quar.)
;
quarters
Corp,__f;'_%i.%^_ ___________
Electric
Seaboard Oil
:
8-1
X'J.?: 75C
—
Co.—
eonvertibie preferred (quar.)
pre'erred (quar.)____j.
Peninsular
6*15
:' $2.50
(s-a)__
V.
4-30
5-15
v $i
75C
Co,—.——
two
Shops —
Dillon
Scythes &
5-21
4-30
(quar.)
pfd.
5
5-15
iquar.)
Peller Brewing,. 5%%
6-
V;>; 5-15
Feabody Coal
5-15
6-10
20c
lc
Mountain
7
Development
"
Co.
5-26
6-30
*
'
40C
<quar.)
Mining
6-10
25c
;
59 %c
Morris Plan
Scranton
'1 37%C
—
:;
Scotten
5-15
4-30
Page-Hershey Tubes, Ltd.___—
Parkersburg Rig & Reel, common (quar.)
$4.25 preferred (quar)
Pato Consolidated Gold Dredging (interim)-
.
4-29
V;
first
(quar.)
preferred
1
i——■1
Mfg. Co., 5% preferred
Common
(quar.)
____—;
7 ' $3.40
6-
5-15
$2.50
.
5-15
■U
6-10
5-28
::..
%v5Pz% preferred, A (quar.)—
Scott
Paper;Co., iconunon (quae,)_________ J,,
;
1 ty 5-15
31 %c
1
2
6-
.
"X 5-3
25c
V
(quar.)_
7-
6-15
$1.127a
—_______
,
■
Arms
5-25
343ic
pfd.
Pacolet
5-20
V;V
5%
preferred
(quar.)
(quar.)
'
5-29
5-15
Distillers -.Corp.—_________
Schwitzer-Cummins %
:, 7:.
%
75C
Pacific Gamble Robinson (quar.)_—____—
Pacific
t
5-25
1
Ry.—
for
1
6-
(semi-annual)
40C
-
________—
5-14
6«
6-15
6-15
Schenley
'
6-15
1
6-15
(initial)
payment
Francisco
35c
(increased).
com.
<
5 6-10
V%v;6-
90c
6- I,
7- 1
.
60c- ;
(
:
1
7-
20c
iquar.)
1948
Royalty
Savage
5-27
6-
50c
—
''?7-
1
77
^
,
,
20c
(reduced)12VaC
fJ
Francisco
preferred A
Ltd.
7-
si.25
(quar.)
common
preferred
Sabine
;
6-15
1
$1.25
(quar.)___.
common
Inc.
Saguenay Power,
6-15
5-14
$1.25
\
preferred A (quar.)
Regis Paper Co. (quar.)
San
5-20
1
1
Saco-Loweii
4-30
5
30c
5%
4-30
5-
6-
20c
1
(Jacob),
of
St.
5-15
42>aq
5-14
5-15 V<'$ 4-15
1- '''' 115C
5-14
6-
5-15
-1
1
5-
5-15
ft '7-
6-
6-
20c
$1.12%
5-15
$1
• ♦.
6-15
preferred A
5%
4-15
;
4-30
1
(quar.)
$$1.0674
Hotel, Tnc. (resumed).—_______
50c
Louis
5%
6-20
7-
$$1.75
5-26
5-14
5-15
Above
7-
5-15
6-23
6-
tl5c
Cof-p.^fquaH
472%
5-10
i$3
9-15
preferred
Ruppert
ij\ 5-29
Ltd.,
Industries,
Rowe
v
rf"< 6-10
2
1
50c
—
5%
4-30
5-15
,
6-15
10-
(increased)
5-5
5-15
v
•
9-15
I
25c
(quar.)
4V'4 7o
-
1
|25c
(quar.)
Co.
Roosevelt
6-15
series F
Co.
4-23
1
1
7-
.
Co., common (quar.)
preferred (quar.)
.series A preferred (quar.)
prior preference (quar.)
5-25
125c
i
quar,)
(quar.)
710-
$1.75
(increased
Works
Gas
5-10
110c
:
5-14
6-
,
Investors
Glass
Finance
6-15
4-26
$1.75
Mfg.
6-21
1
110c
Co.^—
5-17
Rockwood &
125c
(Minn), common
(quar.) —i,-—J——wuMfg.
1
$1.75
Rockwell
5-24
15c
Co.
&
5-26
6-
$l.l2Va
a-
Rockland
4-14
,
50C
(quar.)_- :■■■/.
6- 1
6-
—
$3 partic. preferred
Power
Marine
6-15
Rocnester Gas & Electric Corp.—
5-15
$0.59375
Quebec
preferred
4-26
5-15
$1.75
;
(quar.)_
i';. 7- 2
/
50c
6- 9
;
Moody's
Tail
5-15
45c
(quar.)
(quar.)
(quar.)
1
$$1.75
,25c
,
6- i
•-
'
Carpet
Morris-Knudsen
Otter
7-15
6-10
..
preferred
preferred
2nd preferred
6-
125c
4„
V
-
Owens-Illinois
Utilities
5% -preferred'-
•
10-
10-2
i
.
2
6-21
40c
6-25
5-25
'
(quar.)_.
—j-i—— yrr 25c
(quar.)
.250
Power Implement Co.—
1
Minneapolis-Moline
$6.50 preferred
(accum.)--—-——:_—-V.
Mohawk
5-14
8-
25c
Richmond
yi~X
$1.12%
—
—-
Missouri
6-14
50c
7-15
45c
preferred
.
Extra
2
interim)
Corp.
8
8-
15c
1st
Cedar
6-
4-20
15c
Goods
Oil
1
5-30
(quar.)__
2nd
5%
Oswego Falls Corp,
■>." 4 Yu % preferred (quar.)
___!
Ottawa Light, Heat & Power Co., Ltd.—
Common, (quar.)5% • preferred (quar.)
___-
6c
(quar.)
Tobacco Co.—
(quar.
20C :
5-14
B
7-
1
6-' 8
7-1
$ 1.12Va
B
(quar. interim)
Manufacturing Co., .com,; (quar.)
4-72%
preferred (quar.)
7%
5-10
40C
7%
preferred (quar,)————————,»
Osgood Co. class A
3
,(quar.)
Robinson, Little & Co., Ltd., class A (quar.)
6-10
03%b
J
________________
com.
preferred
25c
5-28
25c
5-18
6-14
(quar.)
5-28
25c
4-21
5-
preferred
(R. J.)
Service
Ry.
Products, Ltd.,
non-cum.
Rheem
4
-
industries,
Ontario
6-
5-14
Petroleum
;
(quar.)
4-26
1
7-15
15C
v
.5-20
1
7%
•
,
4-15
6-10
5-15
7-
6-19
-
5-13
50c
6-
6%
Co.—
(quar.)__.
25c
10c
^
(quar.)
(quar.)
J40c
12-16
6-19
:
6-11
1
$1.183/i
9-20
V
1
7-
(quar.)
Richfield
_____
iquar.)
preferred
common
1
4-30
preferred
6-20
12-23
$1.50
Inc._—
(increased)
Ontario Beauty Supply, Ltd.,
common™
;v
'. Extra
Participating conv. preferred (quar.)_____
V
1st
6-
5-14
non-cum.
12-16
1
1
$1.37%
,
common
Republic
5
Corp.—
Ontario Steel
6-1
•
7-
10-
5-15
9-
50c
Republic Investors Fund, common.—_______
6% preferred A (quar.)
6-20
12-23
;,
20c
4
4-21
6-1
5c
•
V
5-10
$1.50.
s-a)-
5-15
1
1"
20c
Oliver; Corp,
6-15,
■X 5-10
87 %c
preferred
Co.
7-
1
6-15
9-15
25c
iquar.)..
Class
6-
6-
1
25c
_____
(quar.)__,
Stores,
j,'
1
4
preferred
Insurance
Co.,
$4.50
.
87 %c
Bancorporation
Oil
''
Corp.-—
Railway
common
non-cum.
Owl
Common
.
Power
Oklahoma Natural Gas, common—
*#<■< 4%% preferred A (quar.)
7
4-26-
75c
Electric
shares 'held-»___
40c
.5-7
6-
5-15
$1.62%
adjustment
River
5f 1"
6-
100
Investment
Western
&
6-
4-15
25c
(quar.)
(quar.)
Mfg. Co., common (quar.)—
3'/2%
preferred
(quar.)—.—
Remington Rand, Inc.,
5-12
6-30
5-25
B—
Co.
Reynolds
i
each
for
6-10
15c
5-28
|25c
$1.60 non-cum. pfd.
1
75c
(quar.)
Ogilvie Flour Mills, Ltd., common
7% preferred (quar.)
6-10
1
(quar.)
5-
6-15
Rellancj
(partial liquidating stock
of Wisconsin
shares
V/h%
5-18
.
Co.
Northwestern Public
5-15
;
•
\ 175C
.
Mining Corp., Ltd
Northwest
5-15
85c
Western Ry.
SI
5-17
5-31
$1.60
5-14
Dry
6-T
40c
$1.60
5-15
14
iquar.)
60c
$1.50
4'V4% preferred A (quar.)
Regent Knitting Mills. Ltd.—
</
5-20
20c
-4%
1
$1
:
7
6-10
25c
preferred
Red
7
60c
American Refractories
North
5-15
5-10
—
(increased
50c
25c
Northland Greyhound Lines—
3% %
preferred. (quar.)
7-1
(irreg.)
common
IV.
___________
preferred A (quar.)
Ltd._____________^_^_____
American
4%
'
4
62 %c
,
;
(increased)_
5
Brake
Mines,
&
Norfolk
5-22
Kxextx
25c
Co.
(quar.)
preferred »(accuin.)
preferred (accum.)
North
Co.—
(s-a.)
Petroleum
Mid-fWest Abrasive
5
8-
1
5-
1
—_
(quar.)
class
Inc.,
Reading
5-
5-
_________________
common
(quar.)
Co._
Co.
$2
8-15,
20c
Co.,
Co.
Electrotype
Rayonier,
5-15
v'
preferred
7% preferred
80c prior preferred____.
80c prior preferred
80c prior preferred
6%
5-12
50c
'e A~
Extra-
Mid-Continent
Air
5-15
1
1
7-
Quarterly
25c
$$1.25
5!/a %
5-12
37 %C
—-
Transportation
Co.
Rapid
,
(initial)
Shipbuilding &
American
North
11*15 V.
5-15
50c
_
^
b-15
I;"
5-29
$i.t>6y4
$1,0~6%
Merritt-Chapmnn & Scott, 6%% pfd. (quar.)
Surety
Randall
5-14
,
7%
1
5-29
t50%C
liquidating
Michigan
•
6-
12-
25c
-
.
—
iquar.)
5-
93%C
—*
common
1
5-15
75c
a_w_
(quar.)
Co.,
pfd.
North American Finance
$40
Miners
&
7-31
6-15
6-
(quar.)
5%
Mfg.
common
6-19
'XV' 25c
<s-a>
preferred
Merchants
8-16
6-25
47%C
iquar.)
dividend)—:."..
4-30
7-
93%c
;
^
Co.,
5-20
t25c
;^'4%-% preferred :<quar,;)-*^^.—v
X$2. 2nd .• preferred' <quar.)
vv—1
Meadville
$1.25
Cotton_ir.^l,_;
Zinc
News
Three
4-23
25c X
'
-—
Porcupine Mines, Ltd.
Corp., common—
Mctcv
York
North
1
25c
>
•
(quar.)——;
Mclntyre
6-
40c
.
Kaiser Co. iquar.)
Publishing Co
McGraw-Hill
Quebec Power
47 %C
Fibre
Inc.
preferred
Jersey
Normetal
>
5-14
5-15
5c
v
(quar.)
1
6-15
5c v;
5c : »
,
(quar.)—.—i--
preferred
McEwen
6-15
(quar.)
Norfolk
■V 5- 3:/.;
5-15
,
$125
.
Corp
series)
:
25C
_____
$3.40
1
(quar.)
Noranda
V;
4-30
X;,
60C
V
Bonding & Insurance (quar.)
Massey-Harris, Ltd.
(quar.)----—.
May Department Stores, common (quar.)
V $3.35
preferred (quar.)
May
7-
preferred
New
5-14
50c
(quar.)
Products
(1947
Bakeries Corp.
(quar.)
Quaker Oats Co., 6% preferred (quar.)
Quaker State Oil Refining Cor);.__
preferred
7-
6-
Purity
6-15
1
7-15
for
25c
6-15
37 %c
1
4-23
$1.25
5-24
(s-a)__
6-
5-15
—
(quar.)
$1.25
pfd.
1
6-30
20c
I007o
preferred
1
5
Ltd.,
stock
common
1
(quar.)
5
0-
(quar.)—
common
7-
8-
Steam
share of
convertible
5-
6-30
$1,75
7-
8-15
Vulcanized
Co.,
4-15
5-15
$1.25
j
held—
share
Oil
5-17
5-15
Gas—
6-15
53 %c
$2.40
;
each
Pure
6-15
25c
—
iquar.)
additional
25c
common
5-17
50c
Mexico
15c
iquar.);
5-14
:5-27v
35c ,'V 6-
.
--a—
preferred
3
$1.75
5-17
6-15
$2
New
(quar.)
preferred
One
12-3
preferred
Neptune
5-10
5-14
37%c
•
(quar.)
Mfg. Co. (quar.)
Co., Ltd. (irreg.).
Massachusetts
$3.75
9-
"
5
iW.)
4-16
,
5-25
■
-'vrx $5
-
Corp.
'
(quar.)
Machinery
Brothers,
5-10
(quar.)
1
1-2-49
5-
New
5-10
5-15
Realization,
Extra-t
>h
1
5-15
•%Common
Masonite
6-
'■V 5-15
Magnesium
Mar-Tex
V
6-15
1;
14c
common
preferred
■■
10-
of
Electric &
preferred
7%
4
5-17
6-15
(monthly).
Puget Sound Power & Light (quar.)
Puget Sound Pulp & Timber (stock dividend)
4
6-15
(quar,)—
preferred
6-15
(monthly)
$1.12%
,
common
(quar.)
Co.,
Neilson
5". 5
12 %c
Co.
66-
5-15
Newport
10 %c
(quar.
Shirt
1
1
53 VaC
Newmarket
a-
Company
7-
7-
;
(quar.i.
Naumkeag
6-21
---
(quar.)
Consolidated
Maple Leaf Milling
-5%
;>•
6-15
25C
Marine
5
preferred
$5
1
preferred
4-16
;
5-15
..
V-15C
_
Marathon
5
preferred
Consolidated
tl5c
115c
Nopco Chemical Co., 4%
Madison Square Garden Corp.
(quar.)
Mahoning Investment Co. (irreg.)
Mapes
%
4-30
1%
15c
Manhattan
5-
(quar.)
M.
5-18
1
3.8%
5-14
5-15
Mackintosh-Hemphill Co
Maltine
■">
•
$3 V%;7-
preferred
6-
6-
(quar.)
Service,
Rubber
Tea
National
3
5-
;%
1
$1.75
;/Semi-annual
convertible
6-10
3.8%
2
5-
5-14
Lyon Metal Products, com. (initial quar.)__
Lyons Finance Service, class A (quar.)-—
M.
7-
200%
-
%V 10c
Lynch Corp..
Lynehburgh & Abingdon Telegraph Co.—
50c
4 V*
4-24
5-15
(s-a)_
(Phila.)
5-
5-15
—
(quar,)_
42c
80c
$1.12%
5-17
35c
$1.25
_
(quar.)
5%
preferred
Neisner
1
.
25c
$1.06
dividend)-—
(stock
Insurance
s-a)
4-30
$1.75
preferred
Public Service
7-22
5-14
5-15
50c
preferred
Co.
4-23*
I
84c
preferred
Service
6-
New
6%
10-20
115c
preferred (qunr.)_„National Paper & Type Co., 5%
5-12
'
"6-14
VVX'^Oc
_—
__
(quar.
Sales
1
$ 1.06Vi
'
"
••ft
Ludlow
5
8-
(quar.)
pfd.
of
;
8%
5-12
10-30
(increased
$4.50
Co.
5-15
Colorado—
(quar.)
6%
5-12
1
5%
5-21
1
6-
______
_
2nd
(quar. J
—
Sons —VV
&
6-
50c
$1.75 V- 5-
—
(increased
t
5
5-
7
1
6-
4%%'
T,i>
Nashville
•
5-
—
(Mo.)
Hotel,
6-
4*2%
5-10
5-20
6-
115c
A
Linen
National
6-
25c
Co.,
Service
75c
Hampshire—
(quar.)
;
Public Service Corp. of N. J., com.
iquar.)
$5 preferred (quar.t
Co.
preferred
20c
(accum.)
Long Eell Lumber
Lead
National
6-
(quar.)_______
Products
of
7%
(quar.)_^_^
5
6-
Co.
(quar.)
47
When
Holdert
Payable of Rec.
Share
Co.
preferred
3.35%
5-10
1
6-1G
Company
Gamble
Service
Public
Ltd.—
(quar.)
5-
6-10
20c
45c
2c
A
1
(quar.)
Long Eell Lumber
Lord
Inc.
5-15
2c
A
6-
(quar.)
Groceterias,
6-10
&
4Vt %
Public
Class
11-24
3-1.0-49
50c
30c
115c
Class
t25c
_
4-30
Hosiery
National
J25c
Loblaw
(quar.)
,5-15
Mills, Ltd., class
(quar.)„-.^____^__
J25c
A
$2
(quar.)
A
t25c
class
1"
tl2y2c
Food
•
Public
8
Welding
Class
8-24
Proctor
5-
$1.06
(quar.)
Co. of Can.,
preferred
Gypsum
5-24
50c
Name of
5-10
6-
.
—
National
2-24
50c
__
1
5-28
-._r_
(quar.)
Chem.
Electric
National
6-
7-15
Quarterly
Quarterly
11-24
,
Special
B
&
Convertible
8-24
$1.10
Special
Special
Class
Drug
Common
5-24
9-10
$1.10
—;—____
(irreg.)
Per
Payable of Rec.
40c
common
(2071)
Holders
$1.75
Products
National
$1.10
$1.10
:
__
Groceterias,
Dairy
When
15c
Corp.
iquar.)
___!
Gas, common <quar.)___
preferred
National
5-15
(quar.)
common
Co.,
Cylinder
V* %
National
5-15
87 %c
(quar.
_
V
75c
Co.,
Inc.
Container
National
6-30
1
__
capital
Loblaw
10-23
65c
capital
Original
1
Co.—
Original
/
11-
37 %C
_.l_—___.
(quar.)
RR.
7-24
National
________________________
Corp.
preferred
Miami
1
Telegraph—
quarterly
Lindsay Light & Chemical.
Link-Belt
8-
CHRONICLE
Share
Fibres,
(quar.)
Casket
National
30c
Initial
Biscuit
preferred
National
Insurance
;
Telephone
7%
Company
Automotive
National
1
30c
'Quarterly
Lincoln
Name of
National
_
FINANCIAL
Per
Payable of Rec.
30c
Savers
&
Holdert
(Greenville, S. C.)—•
Quarterly
Life
When
COMMERCIAL
7-15
7-13
5-14
—
a,
Southwestern Public Service—
.
Common
Sovereign
(increased
Investors
quar.)
_______—'
Spencer Kellogg Si Sons (quar.)—:—_____
Spiegel, Inc., $4.50 preferred (quar.)
Spring Valley Co., Ltd
V 45c
1
5-15
jqc
5-20
4-30
50c
6-10
5-14
$1.12la
50c
6-
.
6-15
6-
1
5-15
5-
1
When
Pir
"
Share
flame of Company
Brands,
Inc.,
Standard
(quar.) __
A Seal Corp.—
Cap
Chemical, Ltd.,
preferred
5%
Per:
'
5-15
6-15
6-
5-
:
1
1
5-15
Van
4-30
Van
t$1.25
4-30
(quar.)—
—
Oil
Co.
of
California
Standard
Oil
Co.
of
Indiana
20C
5-28
5#
5-20
5-10
dividend
5-14
5-11
6-10
5-11
Virginia Coal & Iron
$1.75
6-
Standard
Inc.,
Class
B
1
7-10
■
*10C
-8-
1
7-10
6-10
5-20
15c
Supply
Stecher-Traung Lithograph
(A.)
$1.25
5-14
5-
5-14
•
4-70
4
6-25
5-28
7-
1
6-16
Wesson Oil
23C
7-
1
6-18
West
25c
7-
1
6-18
$1
6-
1
5-14
'
Wentworth
Weils
Struthers
Corp.,
common
—
(quar.)
Suburban Propane Gas Co
Oil
Co.
5-
5
5-15
5-
5
4 ■'■1-
West
15c
5-17
5-
6-15
5-25
5c
5-28
5-14
Superior Tool & Die (quar.)
—
5-14
6- 1
37'/2C
Swan-Finch Oil Corp., 6# preferred (quar.)
6- 1
5-14
10C
4%
2nd preferred
(quar.)
4-30
7- 2
11 (6 c
Sylvanite Gold Mines, Ltd. (qUar )
75c
5-17
6-1
Syracuse Transit Corp——
20c.
5-14 % 7 4-15
Talon; Inc., 4# preferred (s-a)
—
5- 4
50c :V/ 5-15
Tampa Electric Co.__
5-28
5-10*
Tampax,
Inc.
(quar,).
i?$?- 25c
v/,# #//'■,/
Taylor & Fenn Co.
;
27c
6-15
6- 1
4.32#
convertible preferred
(quar.)
Taylor Pearson & Carson, Ltd.—
'..
5-15
tl2%C'"". 6- 1
5% convertible preferred (quar.)
4-15 Vii
6- 1
*5C
Teck-Hughes Gold Mines, Ltd. (interim)...,
Pacific
Texas
Coal
Oil
&
(quar.
6-
A,:>'50c
31'Ac
(special)...—______
Inc.
Inc.,
Textron,
$1.25
Co.
Thew Shovel
for
Mills
Tide
Water
25c
(quar.)—
Co.
Oil & Gas Co
Tishman Realty & Construction—
5#
Insurance
preferred
///iV
5-
5-15
6-
RR.
/
Common
8#
preferred
5#
prtferled
'
White
(S.
S.)
Whitehall
'/'/'
208
South
La
Salle
Street
Quarterly 4
Tyler Fixture Corp.,
SV2% preferred A
8%# preferred B
Union
Asbestos
(quar.)
Corp.
£>-15
.4
(s-a)
/■
9-30
9-10
5-14
5-
3
r
TWo
additional
each
share
Dental
shares
4yz%
preferred
preferred
preferred
$3.70
$3.50
Union
■#£%
Oil
$3.75
,
of
of
4-23
5-15
5-10
Wisconsin
(quar.)
(quar.)
(quar )
$$1.12(6
A
_
.
66-
1
7-
2 /
1
1
preferred
United Gas
United
7#
/:
5-15
Improvement
10c
5-15
8-16
5-10
5-25
)■.
"V
5-15
Lace
V-
30c
*■■■■■
(s-a)
,:V 725c
(quar.)
#5-18
55-
65C
6-29
66-
50c
6-
4'
common
25C
6-
:75C.
-
Corp.
(s-a)__
common
preferred
Loan
(s-a)
Society
Extra
6.
&
1pipe
S.
S. Rubbbr
S.
7#
5-14
4-30
6-12
5-28
The
(quar.)__
1"
Steel
Co.—
____
Co., 8#
non-cum.
of
preferred—
common.—
:_
..
(quar.)
Corp.,
payment
50c
f
__
Ltd
Consolidated
above
dends
6-1
6-15
.•
.
5-14
6-14
?
the
-
Oil
Co
consists
each
first half of
dividend
Universal
7-15
•
1
5-17
;7- 1
for
of
the
two
first
Insurance
to
(quar.)
approval)
5-15
.
3-31
3
0-20
5-31*
•/:■
8-31*,
11-30*
7-
1
6-15
7-
1
.
*«r
of
of
1
Excnange or
U
'
«•"
-n
" :.y:/'/:
■' 1
.
•■/•/,
C*
&^Westerii RR
'■
*
?
.*
1948---'
-
-
'
income
'■**' "1946
1947
$362,726
$61,614
_»145,3053,450 %
68,628
^ 13,380
railway-/
/ 1,026,401
railway-385,995
*
"
®$J 1,073
1945
*
' $109,159
187.859
'
*15,613
015,769'
*
1
141,946:
1,236,1^2
*22,642
126,573
'38.017-
*172,812
'41,836 '
"*85,387
-
*41,755
- 642,849 /
'>516,633
35c
6-15
6-
$2
6-10
5-24
1
5-
6-10
7
the
income
Jamaica
7-31
Shares will be offered at par and proceeds used for
offereH
oar an '
oneration
of
Gaston
proceeds used loi operation ot aaston
The- company-has acquired exclusivep world sales and manufacturiiig *
of -ttte Broquinda Corp. of St. Petersburg, Fla.^ manufacturer pf f
transport>rtfrigeration;;4t/fwa»%announced * on May: 2 * by- Wadd T.
Childress,.,President!,who added-that the Broquinda refrigeration sys- ;
tem, which uses dry ice as its primary refrigerant, will be marketed
*
'.4*1*
under
r\
the
be
cab
$ 6-15
tax.
v
rt
m
Tl«n i 1
'
5-14
m
aUi 1m
T)v.rvnt\<
.
166,
JW:'1.
_
U
/»_i_
■„
"•
J.J
802,
p.
**!_
■
Caribbean Air
Cargo
The company oil May 3 filed
Lines, N. Y.-
certificates will
'
DC-4
1
;
plane
bear the guarantee of Trans Caribbean
resting
is
company
to
made
■3"?v
Union Terminal
in
V
^'
■■
'
*
-
Co.; Dallas,
"
Texas—Bonds
issue of May
our
to
short*/
Dick
'-1',.".
bonds
of
Stuart
&
to
&
of
names
be
Co.
/the
purchasers
purchased by each
;
&
Offered—-
are
as
and
the
follows:
V
Inc
%
•
v
$2,333,000
700,000
,r.
100,000
>,/
Co._______—
300,000
' /
700,000
•
700,000.
5-20
5-
$12 (6 C
6-30
The
corporation is one of a group of independent* oil
corporations
individuals who have organized and incorporated the American *
an authorized capitalization- pf $100,000;000
'.
the
neutral
The
15,488,620
in
1946
The
1
5-14
Kuwait
of
zone
into
in
and
on
Persian
gas
Transwestern
16,750,621
in
in
in
the
16,689,224
of
mergers
of
cubic
.
in
1945,
167,1)/ 1928./
/
was
lieu
of
and
15
fractional
amounts
another
Nov.
share
payable May
Like
by
per
April
on
14.—V.
were
30
a
declared
stock
4#
to* holders of
sliares_ of
paid
semi-annual
166, D. 2424.
on
cash
semi-annual
a
dividend
record
common
May
15.
25
"
which
cents
'
/
was
per
followed
share
share.
a
receive
will
will
The
It
on
*
new
redeemable
also
be
in
share nf
of
at
by
stock
$110
the
$6,154,653,
in
of
option
at
on
the "
share
or
will
the
of
be
the
stock
cumulative
on
preferred
of
the
stock.
company
share
value
par
'common
common
and
at
$110
the
per
liquidation.
stock,
as
of
Dec.
approximately $92.62
addition to
a
new
of
per
6(6#
would
stock
present
at
margin
eliminating
the
same
sufficient
to
per share.
these preferred
reduce the
time
create
a
surplus
the- Dec. 31,-1947 deficit of $2,145,566. "*
will consist .of 66,447 authorized ahd out¬
standing shares of: $4.25 preferred stock and 898,023 authorized ahd
outstanding shares of common stock. /
,*
*5
.*r
The
The
new
of
capitalization
of the new $4.25 preferred stock and the old 6(6#
will be substantially the same except as to the div-
provisions
preferred
\.
place
a
the
accumulations
capital liability
accumulated, accrued and unpaid,
new $4/25 preferred stock of
$75
common
preferred
arrearages
plan
of
new
payable
amounted to
$550,807
share
of
one-third
recapitalization
company's
to dividends
one
/For each
the
on
be
will
dividend
31,- 1947,
_
year,
of
cents
share.
of
receive
nine shares
stock/dividend
of
respect
will
value and
The
the common stock,
Scrip will be issued :
stock.
last
distribution
on
May 7.
10
.rights in
holder
par
stock
f
v,
dividend
all
the
15,277,617 '
,
cash
of
»•
Dividends
such
feet
Works—Proposes Recapitalization—
A special meeting of stockholders will be held June
16 to vote upon,
recapitalization-plan.
:■•/•
/.///../d-##/...; >f' *''.
d>,/' '.The/plap will provide that for each shard of the* presently out¬
standing 6(6# preferred stock of $100 p&r"Value and in satisfaction
holder
corporation "(including
to
thousands
1944,
I94T.—V.
r
Gulf,
the
of
prior
corporation)
17,121,349
;
.
.
a
of
the
natural
of
the
1943,
directors
cents
in
6-
capitalization
SusquehannaJVtills, Inc.—4% Stock Distribution—
both
6-21
issued
production
Darby
and
corporations
25
two1
,
net
Superior,
5-10
divi
1
initial
85,000 sharfeS of capital stock *
($100 par).
The corporation has invested $500,006 for 5,000 shares >
of capital stock.
The new corporation has for its
purpose the explora-":
tion_ of Middle East 6IT. possibilities..
Including possible concessions in
6-10
5-25
United Piece Dye
Independent Oil Co., with
an
;
•
stock
;
principali
appeared/remote, ahd certain other *
retired.^///#;
•
3, Halsey, Stuart &
Merle-Smith%
Dittmar
/
;
$4,833,000 first mortgage 3%
1, 1978 at 100 and interest. ;>'/•.#
-
bonds, due June
amount
.■
title to the
Co. Inc. 6ri April 28 offered
pursuant
:
With
with the trustee, under the Philadelphia Plan.
the trustee $5,000 monthly until maturity.—
pay
2342-^
p..
As mentioned
12)
page
a
,
Halsey,
prospects of production
/
/%/'/: '•
letter of notification with the BEC
covering $150,000 *VU convertible equipment trust certificates, series
A, 1
due May
15, 1951.
The certificates will be offered at par through
Gearhart & Co.,
Inc., New York.
v
' '
The certificates
will
be
secured
by a four-engine Douglass DC-4
passenger plane recently bought by
the company for $225,000. - Thfe >
.
;
Income tax.
were
M
Trailmobile-Broquinda Controlled Refrigeration. It
inany- adequately insulated truck or trailer, Mr.
name
installed
Childress said.—V.
7-20
21
>
three of such companies
have- been
3
'$1.75
7-
'
16314
p.
^
Trans
contracts.
where
6-15
25c
cldse
cldse
':-f: y -vs."'
the past five years, interests, in numerous: oil
and
gas .', / Freeman &
Otis &
have been acquired and many oil and gas properties have :
been developed,
R.:. W.-Pressprich &
In the oidinary course of business certain unprofitable
oil and gas wells have been retired and
~/V: 167, p. 1964.
non-producing acreage released
4-30
5-
9-20
50#
the
the
atat*
,y The, conipany ion April 19 filed a letter of notification with the SEC
6-15|V ;! 5-28 "y/
for 87,500 shares of non-assessable
common
capital stock
($1 par). C
37(6c
(quar.)
Tube___
&
4-30
the current year.
(subject
record
record
properties
6-15
5-15
12-20
$3
*
y>
'
(Continued from
term
6-2
7oc
$1.25
for
y,
,
'
quarters of 1948, and a special of $2 for
Stock
British
th£ remaining
•5-19
50c
_
/
;
10,-
stock
common
/
:v y:
'
r*
PURCHASERS—The
5-15
-
50c
-
May
on
Tdnopah Divide Mining Co., Reno, Nev.—Files With
5-
7-31
6-
General Corporation and
Investment News
and
70c
thfe
'*.&
■
preferred
Sheet
-
70c
preferred
United
Less
facilities
30
of
"ex"
During
621/2c
10c
shares
•xv—.;.
ioBr
4.
_
l ;:#Deficit.^V> '167}
/
books not closed for this dividend.
/#'
in U. S. Funds, less 15% Canadian non-residents' tax.
in Canadian funds, tax deductible at the source.
Non-*
resident tax 15%; resident "tax 7#.'
::#/:
and
;
_/;
Steel Corp.,
Universal
3
5-
4-15
;
__-
l..i
U. S. Potash
U.
5-
5-15
30c
quoted
stockholders of
stocxnoiders. of
*
5-17
22(6c
;
be
P-
Neit ry. oper/ inconie___*
:•
-
4-30
& Foundry Co.—
Playing Card
Extra
Co.
5-14
5-14
1
_____
(liquidating)
Quarterly
U.
1
1
.;l
(s-a)
held.
froni
Net from
-
'/VV;-.163v;
1
6-
——__—_____
(Phila.)
RoyaUties Co.
Quarterly
Cab
convertible
*
5-10
50c
stock
additional
two
Inc., common (quar.)25c"-'5-28 Wf. 5-15 ! ''t_ft$ .l»5;,$na
mine and mill.—V. 165, p. 1775
preferred
(quar.)£_
31(6c
; 6-1
5-15
i'"'"
5-14
6-
Quarterly
U,
1
22 (6c
//
(quar.)
i__:
Oil
6-14
25c
__u
Gross
5-17
1
25c
-
5-28
••
$1,061/4
—
S.
1
7-
$1.06(6
___________
The
5-15# %
10c
said
;on
4km railway _1
5-15
tPayable
^Payable
a
Hoffman
4(4 #
Industries,
XLess 30#
7
53c
v
*
Net ry. oper.
7
5-18
$1.50
to
2
/
Bankshares
,4
.
Securities
on
;;; '":V
Net
•Transfer
v
4-30
58 (6 c
of
Gross- from -railway—
5-24
75c
.,•/•■'■
that
1948 to
1948. to
T
i
oi
.
7-30 "#
*
0-1
Mfg
Ci:impton._*_
Youngstown
4-15
5-31
'6-10
Machinery Corp.—
participating preferred (quar.)____
$1,061/4
U. S. Leather Co., class A—
n/.
50c
U. S.
5-12
25c
4(4#
U.
5-14
;
V. 137c
■
T
v
^
March—
t 4-30 Vi,
6-1
(quar.)_
Universal Pictures, 4 V<# preferred (quar.)_
U. S. Casualty Co,, 45c conv. preferred (s-a)
U. S. Finishing Co., common
(resumed)
U.
8- 1
I (F.
W .)■* Co.
(quar.)
_^w^J-*^t506;iM-6^1^%4-24
WOrthington Pump & Machinery Corp.-JNew common: (initial) ___i
6-21 •«.*
\i
4(6# convertible prior preferred (qyar^^$fc.l2(6>-6^>
4(6 # cumulative prior preferred (qua*i)kfc^$l-.l2.(4f/^<;fe^8sr«V-:6i. i .y
Wrigley (Win.), Jr. Co.
Monthly :■
25c
6- 1
5-19
Monthly
25c
% 7- 1 > 6-19
Monthly
25c
8- 2
7-19
6#
5-12
common.—
1,
June
Toledo Peoria
.*'*44-30
lOc
/
•—•—'
convertible
Yellow
5-28
preferred
S. Lines Co.,
10-22/,
/A 4-3O >
,
5-25
__
U.
.
5-20 /■■
$1.75
& Foundry,
June
States.
5-14
1
Electric Power, common
25cvs
preferred (quar,)
■ $1.50
3.60% preferred (quar.)__—90c
:/
4-10
6-10
United Stores Corp., $6 conV. pfd. (quar.)
United Utilities & Specialty, common.-...
S.
*
4-30
5-10
50c
(quar.)_____
^
,0*0
,,
:
'
t
4-30'
'0-10
$1.25
(monthly)
6.36# prior preferred (monthly)
6# prior preferred (monthly)
U.
4-21
$1.50
Light <Sfc Railways Co.—
prior
5-15
Wool worth
6"10
_____
A
Committee
ex
$l/20^'$-i5^"5-3i(,^/;
5-15.- •4-30
35c
...
the
of
has'also notified the Exchange of the declaration of a
of 25c per share on the split-up common
stofck, to be *
'
2- 1
V
; *; /
'
United Engineering
7#
class
Cos._
28 ruled
common"stock
dividend
on
.....
1
6#
I/#
5-17
/
5-15
.■!
placed in the mails on'
5-17
-
8-15
93%c
25C
be
company
'
5-15
5#
....
of
ruling
would
1948, the previously announced mailing !
'/'.///'y .j/'" 4
4
common stock-be quoted;"ex" the above referred to
May 17,'1948 was cancelled. In lieu thereof the Com-
the distribution
share
cash
6-15
9-18
10-
6-
t25c
Ltd.,
6-
Wisconsin Power & Light, 4(6# pfd. (quar.) i;' $1.12(6 '#i
4.80# preferred (initial quar.)—
87 (6c
,
common
distribution
to
previous
on
April
on
The
1
10c
Woodall
B
Coal
1948,
each
30c
6-19
92(6c
,
8% non-cum. preferred (quar.)
United-Carr Fastener
(quar.).__
Electric
6-15
11-
$1.75
(extra
(quar.)^___„,"__i___*___:
5-13
$1.12(6
(quar.)
Corporations,
: '
>/
-
4
referred
Accordingly,
mittee
1
2-
subsequently received by the Exchange that the certificates
was
above
distribution,
2
11-
the
% ^-effect, that^. the
I
8-
„•
y
(s-a)
7-1
25c
Class
//
1
6-17
Wisconsin
8-10
11-10
:
,
—
Storage
Co;
(quar.)
___i.__i_.-_.
United Aircraft Corp., 5# preferred (quar.)
United Board & Carton,
4
United
0-2
V 5-
Stock Distribution—
on
__
,
6-1
Union
United
Notice
May 8, .1948, instead of May„14,
.
date.
...
'*
8-10
'
California,
preferred
<
•
Co.—Ruling
* "■ -v
-*j
$-15
•;
Trust" Co.,' New' 'York, Nl Y., has been appointed
toejw
paying agent With the Republic National Bank of Dallas, Texas
first mortgage bonds, 3# series due 1978. See V. 167,*
1735.
for
•
8-18
*
11-15
200#
/
V*/
4-16
5-15
25c
-
:*
-
:
Paying Agent—
common stock, par value $5, which '
will be effected by the distribution of two additional shares of com-i
stock, par value $5, for, each share of common stock held of.
; record at the close of business on April 30, 1948, at Elyria, Ohio.
4-19
1
v
Co.
Winters &
for
common
a
wholly^owned subsidiary of City Investing '
Co.; has obtained a long-term loan of $i1,500,000 from ;
the.
Society^^ of»the United
(quar.)
Mfg.
Mfg.
preferred
$4.25 preferred
5-15
4
(Missouri)
1,^
$60
company, a
Wilson-Jones Co.
VM.-5-14
17 (6C
held.
and
York—-Private' Loan- -The i:
" -
Wilson & Company, Inc.,
#
■
Union Electric Co.
4
6-2
4-19
1'
1 4
7-
50c";
Wilsil, Ltd. (quar.)
1
0-
27 (6 c
...
1344
mon
,
x
Quarterly
6-23
27 (6c
;
__
(quar.).—______
Union Carbide & Carbon Corp.
4.4/4.;..4
(stock dividend)—
in
■
62 (6 c
(s-a)___
y,
5-15*"' '5-3
'$1
& Rubber
Dec.
fy the three-for-one split-up of the
1
5-14
6-12
•1*78
—
share
a
before
•••;
•.
$50
tlie
committee,
received
s-
$2,000,000
Thew Shovel
6-2
3
b-
82yac
—
5•'
-
6-12
•
25c
Troy & Greenbush" RR. Association (s-af—
V/;,
Tudor City Fourth Unit, Inc.—
.44.
6#
preferred (accum.)
—..^.4——
be
not
Reference is made to notfee and ruling issued by the Committee on,4
4Securities of the New York Curb Exchange on April 21, 1948
regarding,
■i: 5-14
.Wy $1.25 2-15-49_____
'.—■—
Extra
T
25c
(quar.)
*
Corporation
Oil
50c
____________
r;v>
-'v
v.
Congressional
a
will
Products-*—
Cement
non-cum.
Wilcox
5-15
7- 8
/•■
8-12
—
Chlorine
Whiting
<
'
4-30
'l'
$1.06
(quar.)
p.
6-16
6-12
V<
before
probably
1
x
>
75q
must-go
IZZZIir:?hio- The stock will beon May
quoted
said cash dividend of. 25c. per-share
the Exchange
(quar.)
V$l,25^'; 11-15 *11- 1
A
changed ' to
Wilkes-Barre
"25c
1
8-1
75C
Allen:
...
.York
•
•
5#
7#
5-10
6-io
25c
t'
7-
11-15
(quar.)-.■ k 75c
75C 2-15-49
(quar.)
4_a_——
-*_i.
A
(auar )
^
■ w-'-i.
$T25>
Common
i
25c
—...ii
4
'
-——4
J.
Government
The/ Bankefs
4-24
tv:
(quar.)—
—
matter
Texas Power & Light Co.—N. Y.
Co.—-4 'v—
Co., common
(quar.)
Federal
5-15
4-30
*
1
5-15
10-
•
4
$1.25
thisf:>',:-vM/.1
offset
the
The preferred - stockholders received
share in 1945.-4-V. 161, p. 1584.
.
■e
largely
Because
5-15
,
$1.12 »/a
(quar.)
Western Pacific
Common
Securities
woidd
,
,
Mi". Tanner: said,
7-1
350
—
V;
———__i
receivers,
the
Corp effective April
White's Auto Stores (quar
*
5-18
17
20<V
*
Trinity Universal Insurance (Dallas)
Quarterly
4-30
/
6-1
7-
Coke
the
against
5-11
7-15
75c
for
.
claims
,
8-25 7 7 6-15 /.v'
15c
~
preferred
1
30c
;
Tokheim Oil Tank & Futr.p Co
8
6-
5-15 f
93%c
—
-—
Toledo Edison, 4Vs%
Trane Co.
(quar.)
Western
Westvaco
4-30
i5c
—
Trico
Quarterly
Quarterly
/
,
50c !'.V
R.)
Power
5-
200#
4—-—
&
Coal
4
__4'
counsel
Lothrop:
refund
goverhmem tax /jrefurid
8-16
75c
Tanner,
&
tax
5-10
4 5-15
$1.50 yt
—
______—__.
Virginia
Name
(quar.)
(John
1
5-15
5-15
common
par
Point
>
5-14
'
:
of
for $444,832.59 alaOwas approved. Mr. ^Tanner pointed cttt that if all
claims had been absolutely proven, the receivership would have gained*
pdssibly some $74,000 more, but he said that dividends to be received ;
,
7-15
5-15
•
$1.75 V"
'i.
(quar.)—*—...
1
Compiomise
-
lt'»,
10-15
»
75c
__________
pfd.
West Virginia Pulp & Paper—,
4(6 # preferred tquar.) —
—
Co._^._*
Tide Water Associated Oil Co., com (quar.).
$3.75
preferred (quar.)/_——
Thompson
7-
15c
60c
held-______„___—-4-iI/■'
(initial)
common
Thomaston
of, $5
shares
share
each
dividend)
(stock
additional
Two
New
pfd.
conv.
4
6-
6-
>
v
Collins
Harlan and Emery W.
5-21-.
ri
.4 5-21
$i k, 40-1
■
preferred A
5 # ■ preferred A
(quar.)
Westinghouse Air Brake
estinghouse
Westinghouse
estinghouse
Electric,
common
3(6# preferred A (quar.)_____i.
5-11
3.8# preferred B (quar,
5-11
Weston (George)
5- 1
Ltd
:# 6- 9 :•% y Common (increased quar
4(6# preferred / (quar.)_
4-30
6- 4
' 5-15
50c
.
-4
(quar.)
Thatcher Glass Mfg. Co., common (quar.)..
$2.40 convertible preference
(quar.)
Textiles,
7#
/Tillinghast,
-•
5-14
12y2c
(s-a)
'
25c
'
25(B
15C
preferred (quar.)——
Mfg. Co.
West
■*-hT 25c
—
Sugar
Electric,
Penn
6#
'
5-15
—.4
(quar.)..———
5-14
for
",1 $1.75'
Extra •'
40c
•!;
preferred
*1 .25
RR,—j,,'V",:',
<:—1—'-'l-vi
Manufacturing Co.__
& Snowdrift, $4 pfd. (quar.)_—
Indies
West
31 #c
—_—
12-/1
1
6-
Wellington Fire Insurance (s-a)
Wellman
Engineering Co,___v_
56C
—-
25c
35c
25c:
Motor Truck—...
Stern Textiles
>•:. I;:
preferred (quar.)Stokeiy-Van Camp, Inc., common
5% prior preferred (quar.)
Stonega Coke & Coal (quar.)—.—
,
1948 by Judge Charles A. Welsh-in
Superior Court at Providence R. L~
Due ,t0 arrearages in. dividends for the preferred stockholdersamounting to aboiit $91 a sharer the holders of common stock cannot.
; ..receive; anything..-Judge
Walsh- waa told • by Harold B. Tanner of :
gi/j
'
6-1 -.V
6- 1
JOC i
!v, -$20c
Waterous, Ltd., class A (quar,)„_—
35C
Wayne Knitting
Mills.
_„j„——V1
&
4Va%
Sun
12-15
25C
,
„■
9-10
'
$1425:-12-10
/v,,(
Common
9-15
12-31
50C
;/
Stores
Sterling
Stern
9-30
$1.25
;
5-12J:.
6-10
<
$1.25
;—4-—-;
Common
6-15
6-30
$1.25
,6-10
1
.
Corp.
(quar.)..
(quar.)...——
Co.
Si
Brothers
(quar.)__
Waterloo, Cedar Falls & Northern
preferred (quar.)
preferred (quar.)
preferred (quar.)
Sterchi
8-15
8-
(quar.)—.,—4—
Stein
5-29
115C
Fuel
5%
5-10
60c
(quar.)
5#
5-20
5
——-
A
5#
5-
Ltd.
Class
State
5-15
Acid
&
(quar.)..
common
Brock,
3
25c
Spring Co. (quar.)
Wholesale
Phosphate
Works,
5- 3
5-
12 (6c
Corp.
Standard Steel
Stanley
r
6-
,
6-21-w
4? 1 30c
Vfrginla Elec. h Power, com. (initial quar.)
6-21 J
$1.25
$5 preferred (quar.)
___—
Virginian Railway Co.—^
;
37 Wc
6# preferred (quar.)
37(6c
8- 2
20c
Vogt Mfg. Corp. (qunr.i
20c,V 8- 2
Waite Amulet Mines, Ltd
t30c>
;—iU-44
t30c
6-10
Walker & Co. class B
>,-f-) 20c
(irreg.)
20e—5-20
Warren (S. D.) Co., common (quar.)£4'-—25c6-^1
$4.50 preferred
(quar.)——..v $1,13
6- 1
Warren Petroleum
Corp.—-;
—20c^ 0-1
Washington Gas Light
$4.25 preferred
(quar.)™_
t
$4.50 convertible preferred (quar.)
$l.i2^;,,^i,5;10
200
-
Silica
Standard
6-10
6-10
$1
for each
shares
(Five
held)
6-21
$1.25
6-10
1
on Common Stock—;
4
t
FrefqireJ . stockholders of this corporation,- formerlj* the Textile/
• Machinery Co;,
which has -been In process ot liquidation;
since-Noy^ 29, a943-, writ reeeive another distribution of about $80 a
share, raising the total payment to about $190 on the $100 par value
Mock under an interim report of the receivers approved on May 4,
5-14/
2
6-
.*
r
Stock-
Additional—
Finishing
.
'1
-
r
6-15
(Irreg.)-
dividend
shares
4
—
(quar.)
12VaC
$3.50 preferred
•
25c
50C
Share
...
$1
Standard Oil Co. of New JerseyStock
12-21
-75C
Preferred
-—
Nothing Paid
1
9-20
1-2-49
.
50c
—
Cash
10-1
62%C
(quar.)—
;—i_<
5#
(quar.)
s
Venezuela
Syndicate, Inc. (Increased)
Verney Corp.
(quar.)——
<quar.)_—
(quar.)/.
Extra
Standard Oil Co. of Kansas,
1
0-
40C
T» F. WL Corp.* Providence, R. L
to Receive About $80 per
holders
6-19
62 (4c
—
—
Holders
' Payable of Rec.
*2%C ' rv.t«i
—
Inc
preferred
pieierred
preferred
6#
Dredging Corp.—
$1.80
convertible
preferred - (quar.).
Standard Forgings Corp.
(quar.)__;
Co.__
CO.,
Vapor Heating Corp.
Standard
Standard
Norman
Raalte
Monday,'May 10, 1948
'ffv'
—
40c
$10c
(quar.)
;quar.)_
common
When
,
Share
•
Utlca
5-14
6-15
flame of Company
Knitting Co.—
4
4
" ";
5#
prior preferred (quar.)
——^
5# prior preferred
(qu»r.)___^_4i^iii.^5# prior preferred (quar.)
Vanadium-Alloy Steel
0-15
50c
_—
preferred
convertible
$1.60
Standard
5
7-
45c
tquar.)_
common
preferred
$3.50
—
FINANCIAL CHRONICLE
&
Holders
Payable of Rec.
13c
87y*c
Springer Sturgeon Gold Mines, Ltd
Stamtord Water (Conn.)
(quar.)
Standard
COMMERCIAL
THE
(2072)
48
THE
Number 4697
Volume 167
and par value.
The company ^will set aside
annually as a sinking fund for the retirement of the new preferred
shares a sum equal to not less than 15% of the net earnings for the
prior fiscal year after deducting dividends payable on the preferred
idend,
fund
sinking
class
the
of
stock.—V.
common
holders
of
the approval
outstanding shares of
requires
plan
COMPARATIVE
U.
present
._1_.__.__.
Industrial and
miscellaneous
Common
and
an
meeting
the
for
sides
opposing
its
scheduled
entire
for
directors
of
slate
May
be
at
26.
,
States Lines Co.
Subs.)
(&
of
'
stock outstanding at March 31,
common
155,957
Western Maryland Ry.—March
Earnings-
656,690
352,573
period End. Mar. 31—
Operating
Operating
103,183
;
........
$5,719,792
1948
Funds held under
Capital
1947
Net
SO.19
Taxes
623,614
397,167
Net
111,578
74,032
Other
in
499,332
641,621
'
■
.
500,000
Jt.
1948.
$5,719,792
to
John
M.
first
Franklin, President, further announced that "the results of
reflected
quarter
lull
a
in
exports
so-called European
to
policyholders since
—V.
$52,844,651
The directors
Plan countries pending Congressional action on the Plan.
Pas¬
senger business was also lower as compared with the first three months
covery
of
May
However, he added, "now that the European Recovery Plan
is beginning to
operate, the company's freight business should mate¬
rially improve."
As for passenger traffic, General Franklin said that
both
the
"America,"
the
nation's
cation
Franklin
w.th
the
also
Maritime
Commission
for
of
Tonnage
for
of
dollar
the
sold
shipped
f.o.b.
Carlsbad
;
of
the
greater
highest in
Earnings
pared
to
the
in
$2.56
Dividends
1946.
paid
in
made
of
on
sales,
the
v
.
$2.79
were
1946
the
stock
common
for
1947
were
In
1947
com¬
1948,
/
/"
'
:■ 7'<J;'
amounted
to
the
with
of
of
annual
New
in
Northwest
subscribed
'
"
Dixon
and
H.
INCOME
ACCOUNT
FOR
YEARS
ENDED
DEC.
31
•
•'''4%■:**':&'3;\i947
•
sales
Freight
/._
and
handling
also
?£
/me
$11,902,992 $12,928,349
expenses
1,573,783
Prior
it
Net
,
Cost
sales
of
$10,329,209
product sold
Depreciation
(excluding
depreciation)
Royalties '--/•_/l_.;/_•
State
of
New
social
Social
Bus
Mexico
security
security
the
Natural
for
held
7,971 of
for
Gas
in
the
of
3%
Gross
354,777
of
(other
taxes
~
235,418
^
23^275
inc. &
than
Syndicate
taxes"
64,988
:::::::::::
On
Feb.
of
•
revenues
48^96
State
;
31,771
of
Federal
income
New
taxes
opexy expenses
2,838,563
and
:
Profit
from
i..//*//.//
chgs.
(incl.
loss from property
for year.^.
dividends on 4,%' preferred
Cash
divids.
on
com.
62,210
"Net
2,
'
notes.
and
" '
7
1,575.000
$2,56
54,750
$2.79
other
solidated
no
on
U.
S.
Government
Accounts
1947
a
Due
and
from
tax
U..
refund
1,495,576
Government
claims).,
(excess
+Plant
water
and
(at cost)
rights......
is
and
Royalties
has
Prepaid
for
and
3,067,114
i 11
which
196,397
fcr
1,600
deposits......
of
Earned:< surplus^
63,426
.
interest......
$1,600
y
s358,874
value
par
-
,
'
'"
910.000:
524,188
...i../.
under "indemnity
held
from
r-V.
165,
--
■
remuneration
p.
1946. ■;? ^Including
of, employees
savings
for
*'•
J
.*
...
*'
■
-■
'•'/■/f-.f /
•;;r
t•%. !•
United States Radiator Corp.
proved—New Director—
...
stockholders
Under
the
on
plan,
which
on ^
April
28
approved
each
by
accumulations
for
A
funjt- ia provided for the
The
mon
elected
IV2
stockholders
stock
Paul
from
shares
also
of
approved
600.000
director.—V.
shares
167;
p.
$50
new
Garrett,'*-V^ipresidertt
a
properties
totaled
167,
p.
of
this
105,582,000
of 96,516,000
1965. '
output
.
last
.y-'.'t*•
-V
than
p.
and
has
company
first
shall
issued
/
■
•
the
increase
an
Co.;
on
an
to
value
year
increase
when
216,019
6
for
hauled
'-:v;
by this corpora¬
the
over
month
same
cirtled,- it'id announced.
pounds were
•
1631.
'
in
the
authorized
*
par
'
.
'
;
been
of
1
new
directors
Co.
^
wajs said,
'*
•
was
167,
per
the
of
of
IVaier
this
Notes—To
Trust
April
due
each.
of $25,000
issue
to
proposes
to
be issued
and
and
under
1,
&
1948
Six of
Savings
and
the
Oct.
proposed
sell
to
be
dated
March
of
indenture
.
notes
the
by
y'"':/'1
-,"'
'
•
.
bonds
and
P.
r
supplemental
>;
,
,
serial
authorized
1514.
p.
,
the
com¬
1, 1972,
by the mortgage dated
Title Guarantee & Trust
}
,
-
..
by Wis¬
S. .Commission
'.
ol
1
Michigan Power Co.—Calls 3%% Bonds—
outstanding
first
redemption
payment
interest
Co.,
Wall
mortgage
June
on
of
date
to
Trust
16
1948.
expressly
167,
for
Co.,
1,
sale
and
insurance
two
series, due March
secured
the
set
for
trustee,
Street,
New
3i,/4%
bonds
due
;
have
1961
1, next,
at 102 ''/* and interest.
redemption price,- together witbt-
full
redemption, will be made at the First.
Milwaukee, Wis., or at the
Hankers
York,
N.
Y.
«
.
Bankers
Trust
Co.,
Paying Agent to act
Months Ended—
New York, N. Y.; has been appointed New
with the First Wisconsin Trust Co.; for aa
parent
No.
>
- —
May 3 after a
New York Water
on
the
Richard L. Rosenthal of New York,
company
proposes
156,000
in
''
one
of
1''
■
the
Buffalo,
Feb. 28/46
$3,787,144 $10,315,963
400,000
-
^Includes
portion of
$290,300
$1,30
(net)
.;
carry-back
for reconversion
reserve
400,000
$1.73-
.
credit
tax
-
400,000,
.
returned
Feb. 28,'4S
*108,786
and
income.
to
225,393,
300,000k
$0.19
.
$0.75-
$200,000
v
:
,
.
(net)
t-■
-
t
:
balance
'-/ assets—
Cash;
sheet
of
59,758
Federal taxes
less
income./
on
'
other vssets.—
*-
goodwill
1-":;
;
liabilities—
payable
;
of
on
Common
y:
stock, 5%
($2
...
.
97,627-
cum. convertible
par)—
$8,313,556' ■
$758,786
'-$907,397
30,851 '
68,641.'
30,147
112,202
—
1———
long-term debt due within
income
(estimated)...:
(mortgage) debt
stock
88,422
,
V-_——
commissions.,
Accrued expenses
"Taxes
'• 1 ' 88,419k
2,534,435 V-2,281,633*
169,201." '.175,801
650,368 ' 1 * ' 668,723
$8,314,934
/—rZ__.___
—
Portion
112,319)
,
'c,
a.i./....._..
Trade accounts
1,538,731*
,
109,320 /
"
charges,4.in-i—*—
Total
52,247..
.125,768'
•
-..//r
Patents
Purchased
i-,
*! 1,357,576/
1,896,772
Cash surrender value of life insurance.'..—.::—
Deferred
,
59,006
52,247
/ 1,478392'
reserves-—
Inventories
and
'
i.,/ .Feb, 29,'48 -Aug.31/47
-fii:i49.65l
$1,881,466
■$1,149,651' $1,881,466 \
Savings bonds...
receivable
;
V,.L-'
4,1
United States
Claims for refund
'
172,479
year
,
680,748
($25 par)
2,4~24~375:
.
2,468,125-'
800,000
800,000
144,106
159,287
22,500 '
1,089,614;
87,500
35,000
—
one
Paid-in capital in excels of !par talue'of stock—
Accumulated income employed in the ousiness...
'*
3,008,480
,
-141,188 *
2,687,064 ;,>•)
:
$8,314,934
of-the new directors, said
to sell water-wholesale
},
$8,614,476
755,295
share./—L
per
Long-term
a' population
>
Subs.)—Earnings*—
Prop., plant, & equip/ costs not charged to oper.
^
1978.,. Se*
due
Vu
Feb. 28,'47
of common shares-
payable
Wages, salaries and
company
series
3 %
582,298
;
Dividends
elected
were
bonds
$8,933,610
profit
Earned
'
V
Feb. 29,'48
sales
Net
: \
:
:"
■■
Co.—New Directors
company
:
Paying Agent Appointed—
% v
txpansion program involving the expenditure of more
would be undertaken to lpiprove service. The Western
than $7,500,000
York company serves
N. Y„ suburban area.
the
Harris
to
annum
company
amount
Investment
'
an
New
j"/'.,
Issue
v
3%
notes
also
are
the
of
Preferred
com¬
valUe.
Woto'rs Corp.,' lias,
rate
serial
called
Accounts
:fc*.11-• ./i
battle for control of the
Service
It
preferred stock.
issue..'*".5Us/i
shares, $1
Geheral'
the
having been
Net
series B,
Western Colorado Power Co.—Note Issue—
Five
be
To
Co.
Woodall Industries, Inc. (&
v
frpight pound mile?( totaled 154,222,983; for March, which
97%; jump ^>ver March,. 1947, when 78,030,220 were flown."—V.
1514,,
O'lV ! -•( ■ V,
proxy
6%
preferred
1.200,000
of
par
new
Electric
issue of
$14,000,000 first mortgage
offering in v. 167, p. 1965.
V'-
;
May 11.—V. 167, p. 1514. /' .-v.-'-VK-,;' ' :.V
Western New York
_
preferred
will
919,297
of
itwh. for the corresponding week
invitations
bonds,
Colorado.
the
6%
599,195
341,158
'*
1947, executed by the company to
Douglas Winquist, as trustee, and an
to
v N. Y.
Thp company has been :alloWed by the SBC to-sell a $2,500,000 15-r
j:year 4%-promissory- note
to
parent.'-'Utah' Power & Light Co.
taxes, etc,'."
The
latter .for its part will loan $500,000 to Western Colorado for
improvements and additions to its properties.
Utah also will cancel
*• '.-''ft•.
an
existing open-account debt of $2,000,000 owed to it by Western
$24.75
1,631,900
1,793,647
Hydro
proposed issue
Trust
bids for the purchase of
due March 1, 1978. rAli
presented to the company at the office of Middle
20 North Wacker Drive, Chicago 6, 111./ prior to
mortgage
be
(CDT)
..
.
for
company
kwh„
/'
•
to
790,923
,036,509
,990,945
:
on
Immediate
with¬
preferred stock,
value
par
amount
151,025
4,589,760
2,700,786
the principal
Wisconsin
97 vv"--
>'•: >
required
recapitalization plan
more
645,220
6,616,485
2,496,129
incomejt.
Wisconsin
York
-'^Air
amortization
-
.
1,
and
aCcrued
to
March
West Texas Utilities Co.—Bids for Bonds—' i
+After'
1947
589,865
7,851,250
1514.
p.
Wisconsin.—V.
;
'
e
share of present $50
dividend
exchanged
sinking
1948
total ol 351,103 pounds of air freight was
tion
in March, representing a
1,395,476
in
income...
railway
in
consin
Western Air Lines, Inc.—More Air Freight Carried—
$7,461,328 '
amounts
bonds,
two-thirds
assent
of
the
outstanding stock a
eliminating all accumulated dividends on the present
stock
1947.—V.
electric
the
1,
A
4,500,000
1945
1—
railway_l__
bonds
The
1
*
report
1946
1, 177,223
3%
March
Cp.
at
1947
panies $250,000 first mortgage bonds,. 3Va%
Such
2,561,002
quarterly
1948
principal amount of $6,250 each, will mature successively
six-month intervals beginning April 1, 1949, and the seventh note,
the principal amount of $12,500, will mature April 1, 1952.
9,341,257
'
Fund
V:,
comparative
Recapitalization Ap-
,
The
Fund's
^
/
$2, 622,660
at
two
All
the
<-/'
net
extent
an
190,167
oper.
1948
1736.
p.
1514.
p.
con¬
for
Wisconsin
at
24,109,798
J,586,641
v
<
167,
fund
a
income
$1,759,561
SEC
the
to
,
2931.
'
•
the
over
Service
159,639
916.000'
bonds.
reserves* for depreciation
and amortization of $4,937,146
$4,622358(:;in; 1946. "-tAfter-reserves for depletion and
$567;416 in
of
May
a.m.
a
and
1,965.
taxable
on
April 26 granted company's application ,with respect
following proposed transactions:
proposes to issue and sell seven serial notes dated April 1,
in
the
aggregate
principal
amount
of $50,000 and
bearing
The
in
$52,074,103,
output
proposals
'
l947
p.
from
interest
sinking
accrued
1,017,151
Jan.
thereto
$4,000
•4"- 486,214
2,048,728
$8,943,389
in
167,
deductions
bonds,
are
$2,482,942
Wisconsin
63%; increase
4,500,000
'
companies
3,555,681
996,756
%
taxes
notes, in the
31, 1948
the largest in its history.
Pa., offices of this Fund arc now located; at
Street, (hat city, it is announced.—V. 167, p. 1090.
to
West
(outstanding,
Total..
$832,318
3,098,979
$5,000,000
'
of
3,078,543
11:30
royalty
"PfedgeA-with "-surety
3,555,435
'
_
1,050,000 i shares)
19,040,131
6,932.427
ended
The
$8,943,389; $7,461,328
,4estimated|.4^i.X„~^
Other-accrued,taxes,v,wages* discounts, etc.,
stock without
22,941,508
tlncome
857,696
167,
1,
333,924
.
i.e. capital fund,
income
Sell Bonds Privately—
$8,686,772
V
;
4,000
::
76,881
iiAccounts payable
Federal: taxes on income
Common
25,906,219
*7,337.514
:
The
4'/z%
$2,636,903
from
—V.
1945
226,627
467,193
,?
V
liability
1,176,709
$134,028
$201,351
mortgage
necessary.—V.
oper.-
Net ry.
,
West Penn Electric Co.—Weekly Output—
9.39%
:
.
-—...............
Contracted
1,042,902
$165,203
35,266
Philadelphia,
Power
;
LIABILITIES—
Net
1—
Walnut
week
"
131,495
..
insurance
;
$6,613,797
,
189,757
railway....
from
The
r-
35,527
569,403
liability
The
243,327
3,436,752
'
recorded)/!__
items
Total*
v
contracted
Income...
oyer.
amounted
167,082
36*548
261,257
f.
'
supplies—at cost
(the
been
ry.
From
Gross
of
2.546,144
135,719
railway......
from
Net
covering
'
2,508,029
100,414
contingent charges,
.
from
Net
interest
1946
■
15,678
45,200
purposes,
basis.
Wisconsin
'"
$8,109,034
share.—Vt. 167,
il420
327,964
>
"36,123
■>
equipment
^Leaseholds—producing & non-producingiiu
•
$359,050
400,983
subsidiary companies reduce ^taxable: income to such
'v'
the SEC
$9,022,489
profits
327,964
mineral
1736.
railway.....
railway
from
ry.
1947
.
Walter L. Morgan, Piesident, in the
sharehq.ders, stated that total assets of
i
^2—--.-*- *
and
Materials
702,864
.
(at
"Investments U;S.'Treasury bonds
and
1,081,870
cost....
(including receivables from
Inventories
Land
f
$1,104,563
employees)
S.
from
for
corporate
accrual
Gross
-v
,
1948
'
,r:
$159,395
199,655
Wheeling & Lake Erie Ry. -Earnings-
group
Wellington Fund, Inc.—Assets at Record High—
1946
$1,631,060
938,730
securities—at
receivable
officers
RR—Earnings—
272,122
$818,034
$1,219,017
918,096
•
general
return
losses of
been
\
i
gas
Co.—Special Offering—Shields & Co. on
May 5 make a special offering on the New York Stock
Exchange of 10,000 shares of common stock (no par)
at $32.50 per share, with a special commission of .70 cents
BALANCE SHEET DEC, 31
ASSETS—
with
$431,517
276,791
$317,442
.
$57,089
available
requirements
Walgreen
$2,743,858
1,680,000
Cash,
filed
was
$1,094,825
9,720
291,854
.
income
"Amount
At."
.
ry. oper. income...
"Corrected ligure.—V.
27,631
"
p.
263,759
$216,286
101,156
114,929
deductions
common
Net
$2,771,489
-
Earnings per common share...
Natural
167,
417,323
278,813
87,909
$394,143
charges
common' shales "arid
7,971
429,067
t33,290
$304,195
$279,214-
income
Misc.
transport
application for
$103,613.—V.
$1,122,324
■.
$363,659
income-
Fixed
stock, to be sold by Gilbert Verney, Pres- *
at market (about $12).
Underwriters are White, Weld & Co.,.
York, and F. S. Moseley & Co., Boston.—V. 166, P. 1934.
From Jan.
49,174
.
$2,933,251
.
of
letter of notification
a
of
6x083 from railway....
Net from railway.^«i.,
$2,722,315
stock,
(1947—$1.60 a shr.)
;stk.
Net
Cr3,865
$2,888,939
17,898
Net;, income
Cash
shares
Gross
145,410
28,400
abandon.)
receiving
amount
$1,835,995
*86/513
,
84,445
oper.
ry.
Total
in Alberta and
gas
8,071,737
$533,097
142,389
-
90,477
Dr)
1948,
916,000
_/;/
April 27
Wabash
$2,951,149
Inc.
$111,584,
principal
March—
r
Crl,250
__
Northwestern
obtain
$9,194,061
8,193,495
t
....
other
Other income
21,289
30,000
prior yrs.
operations
Income credits
New
84,730
910,000
_
___
on inc. for
the
ident,
550,428
Net
surtax
Adjusts, of prov. for taxes
to
1946—3 Mos.—1947
2,710,628
149,954
tax
STATEMENT
$3,243,725 $10,029,490
$604,090
Net
D.
Verney Corp., Boston—Filing with SEC—
estimated:
—r
Mexico
normal
subscribed
for
On
8.000
$4,464,706
:
170,565
———————~
notes
43,818
.
leases
the
year,
feasible
INCOME
$3,442,653
March—
this
was
Tidewater Southern Ry. Co.)
and
SYSTEM
1948—Month—1947
■
com¬
15.942%.
promissory
cities.
55,440
49,422
(net)
producing
for
245,312
,
profit
^i..,/./../^
" $4,753,143
Admin,, se ling, & gen. expenses./.*//./..^../,
596,130
Employee retire, plan & group insurance costs
'137,366
Amortization & exps. of non-producing leases
V; 21,394
Payments to American Potash Institute, Inc.
7...
for research, educational, and experimental
Provision
February 2
coastal
$1,238,276
'
Harper
1
289,231
"
purposes
to
the
691,866 *
$1,241,757
company's
shares
of
Albert
are
Northern Ry.,
rev,
(net
m'.v.
v
in
April.
50,000
ownership
an
$103,613
Natural
disclosed
were
228,235
$536,732
1965.
Railway oper/income
Equip. & jt. fac. rents
possibilities of
the 'prolific
from
gas
230,358
$316,810
Payroll -v...—.Jjl-...
Accordingly, on that date an
authority to construct the facilities was filed with the Federal Power
Commission. Preliminary to public
financing, $350,000 was raised by
subscription, involving notes of $325,000 and sale of 25,000 of the
50,00ft, shares^, of cornmon-stockV capitalization.
Of
this, Venezuela
$9,109,380
3,683,282
371,442
taxes)
operations
Depletion
4,517,170
__
:l_^_._.^__/™___;U____/_//__.;
to
64,0o6
$1,923,431
685,155
fr., ry oper.
tax accruals—
directors of Venezuela Syndicate.
determined that it
3,818,969
65,335
$1,933,623
L
...
.
Gross
18,685
$754,967
York-"Herald
;
Northwestern, giving it
Northwestern
23,516
$547,168
...
,
i
in
natural
meeting
subscribed
$1,859,375
_____
oper.
Income
.y.
Brockaw, A.
MeKee, of the law firm of Brokaw,
D.xon & McKee; Richard
B. Hand, all of New York, and Arthur C.
Logan, Wilmington, Del., attorney,Mr. Dixon is President: and
Mr.,'.'".
Hand is Vice-President.
Mr. Dixon, Mr. Hand and Mr. McKee
are
Faison
$1.60
167, p.
Net
Invests in Northwest Na¬
—
Syndicate's interest
the
time* it
same
Sponsors
[
for
syndicate
stock
mon
the
r
"
-
notice
proxy
$1,868,288
charges
Railway
'V ;.V'^
Details of Venezuela
$736,282
income
San Francisco,
pipe
Stock. ;"V
However,
v,
share
per
>
on
basis.
sales
net
history.
stock
'
.
delivered
a
V-
v.
1947
share.
per
volume
h
y
In
Market St.,
lines and other equipment requh*ed to
transport
the natural
gas from
the Canadian prairies to
Portland,-Ore.; and
Seattle, Wash., and to Vancouver, B. C., would be in the
neighborhood
of $78,499,000.
This would be raised
by public issues of bonds and
however,
than
the
of
38,814
$523,652
income
Railway
Railway
Canada, fields. -The project, if carried out, would represent
the largest natural
gas developments on the continent. Estimated
of
37,879
income
oper.
income
All
total cost
1947;
located at 995
cities
Cr361,483
15,936
Period End. Mar. 31—
.*
;
Coast
Dr20,017
14,910
CONSOLIDATED
payable
according to Ruth G.
survey
1, 1947 all domestic shipments were
the result that the
company
paid
were
common
new high in
slightly
lower
a
was
with
company's
the
on
at
was
sales
gross
freight than when sales
because
the
of
that effective June
reason
basis
less
products
value
1948,
p." 752.
Pacific
1,473^00©
$1,871,728
Cr26,451
(Incl. Sacramento
share,
per
Alberta,
one
the
167,
supplying
1631. \> --j
United States Potash Co.—Annual ReDort-r?
10,
company, according to J. D. Tompkins
Tribune," has made a substantial investment
Gas Co.,
organized in February 1946, to
operating-
p.
May
The
subsidy payments on all of the company's vessels being
operated in subsidized services effective Jan. 1, 1948 which, if
granted,
substantially increase the company's revenue.—V. 167,
record
cents
Secretary.
Venezuela Syndicate Inc.
Co.-^
differential
will
of
dividend of 50
tural Gas
has filed appli¬
resumption
to stockholders
Calif.—V.
only
pointed out that the company
declared
The corporation's office Is
luxury liner, and the "Wash¬
ington," a tourist class ship, now are booked to capacity for the sum¬
mer-fall season, a factor which will favorably affect passenger earnings.
General
20
Kimball,
1947."-
have
1,402,000
$1,544,684
Western Pacific RR.
Co.—Earnings of System—
1774.
Valcar Enterprises Inc.—50-Cent Distribution—
Re¬
565.000
$772,235
(net Or)
rents
ry.
Fixed
$5,074,941
organization $56,078,448
—
paid
393,000
1,302,885
1
the
facil.
Gross
500,000
1,500,177
157, p.
1947
$403,032
Crl35.530
unadmitted
C-i.——....
Total
—V.
1948—3 Mos
$3,663,002 $10,898,464 $10,136,373
2,323,767
7,951,780
6^791 645
623,288
treaties
;
stock
$1,535,949
829,346
expenses
reinsurance
$3,318,329
2,519,297
Operating income....
Equipment rents
' V '
$1,655,745
surplus
Losses
1,484,706 shares
on
for
res.
$5,074,941
1948—Month—1947
revenues...."
expenses.^..
—.......
Net
$1.51
■
reinsurance
Reserve for taxes and
$2,255,000
tBased
'■""'V'-v; '
companies
$300,000
-
,
taxes and all other charges.
Co.—V.
1,458,568
Res. for outstanding losses (known &
unknown)
Reserves for unearned premiums
-Earnings—
Quarters Ended March 31—
"Net' profit, without operating differential sub¬
sidy (estimated)
tEarnings per com. share after pfd. divs._—...
"After income
709,252
LIABILITIES—
York
more
120,974
871,852
2,436,116
90 days due)
over
interests voted 21,864 shares while
management voted 21,708.
Water Service Corp. owns
about 94%
of the preferred
than 50 V of the common stock
in Western New York
Water
166, p. 2466.
f
new
New
and
V 1,000
"
_.l^
admitted assets
Contingent
United
"
111,625
889,151
Total
V
;
.
committee, which had sought to add eight mem¬
six-man board, agreed to the retention of A. Grant
President, and Gerraru Mo wry, Vice-President. Both willdirectorships.—V. 167, p. 1263.
offered
other
54,434
Tu__.
banks
The
128,752
that
the present
to
McClatchie,
stocks
in
Agents balances (not
All
stockholders'
The
Cash
the management
the postponed annual
announced
,
bers
this company was
the management
of
controi
for
5,
withdraw
would
battle
a
ending a court d:spute between
independent stockholders' committee.
May
on
Lawyers
.
settling
agreement
$1,292,521
1,000
!
:
change followed election of five new directors
on the
board of
parent company, the New York Water Service
Corp. Mr. Rosenthal
was elected to
this board, and then was
named President of the
company.
34,394
.1
bonds-..
The
also
44,920
stocks
4$
the
1946
50,352
;
stocks
Insurance
(2073)
31
1947
$1,192,555
bonds u———128,864
bonds
Preferred
An
DECEMBER
■"
Public utility bonds
United States Finishing Co.—Withdraws Slate—
reached
SHEET
Government bonds
Municipal
Railroad
1030.
161, p.
S.
CHRONICLE
(N. J.)—Financial Statement
BALANCE
ASSETS—
two-thirds of each
preferred stock and
of
FINANCIAL
&
Universal Insurance Co.
stock.
The
COMMERCIAL
"After U.
to local water companies
including those in Lockport, Hamburg and North Tonawanda, N. Y.
p.
477. '
S. Treasury tax
notes of $300,000 at Feb. 29,
$8,313,538
1948.
v. 167.
i
„„M„
„Hw,
"4i; .1 *• 1 *."•«#'
v
&
COMMERCIAL
THE
(2374)
50
FINANCIAL
CHRONICLE
Monday, May 10, 1948
State and City Department
BOND PROPOSALS AND NEGOTIATIONS
Security First National Bank of ders will be permitted to bid diL
Angeles, and R. H. Moulton ferent rates of interest and to split
& Co., of Los Angeles, jointly, as rates irrespective of maturities of
ARIZONA
Merced
Los
Phoenix, Ariz.
Sale —The
Bond
$5,054,000 re¬
2V2s, at
funding bonds offered on May 4
—v. 167, p.
1410—were purchased
by a syndicate composed of the
&
America
of
Bank
of
basis
1, 1948.
June 1, from 1950
Dated
1
Due serially on
a
June
inclusive.
1968
to
Trust
National
price of 100.52,
a
2.446%..
Principal
payable
at
(J-D)
interest
and
the
Association
of San
County ^ Treasurer's
office.
The
Francisco, John Nuveen & Co. of next
highest bidder was Weeden
Chicago, First Boston Corp., Blyth &
Co., for 23/4s, at 102.19.
'/A>:y
& Co. of
San Francisco, R. H.
Moulton & Co; of Los Angeles, Guadalupe Sanitary District, Santa
Barbara County (P. O. Santa
Stern Bros. & Co. of Kansas City,
William
R.
Staats
Co.
of
Los
Barbara), Calif.
Savings
-
-
Roosevelt & Cross of
York, Lee Higginson Corp.,
Stifel,
Nicolaus
&
Co.,
Paine,
Webber, Jackson & Curtis, Barcus, Kindred & Co., all of Chi¬
Bonds
Angeles,
New
tion
did
not
Voted—At
Not
held
April
on
elec¬
issuance
the
approve
an
13 the voters
$100,000 sewer bonds.
^
of
* u
the
The
bonds.
awarded
rates
specified and the
premium
offered,
if any. The
highest bid will be determined by
deducting the amount of the pre¬
mium bid (if any) from the total
or
amount of interest which the Dis¬
trict
would
be
required to pay
the bonds, to
the respective maturity dates at
the coupon rate or rates specified
in the bid, and the award will be
the
from
made
the
on
to. the
cost
of
date
lowest
interest
net
District.
The
lowest
Valley Union Sch. Disst., net interest cost shall be com¬
puted between the dates aforesaid
Trinity County (P. O. Weaverstandard bond in¬
ville), Calif.
A according to
terest tables.
The purchaser must
Bond
Sale
The $15,800 con¬
Hayfork
Elementary School
March
26. '
delivered
v
Merced), Calif.
Offering—R. W. Cothran,
urer's
County Clerk, will receive sealed
bonds
bids until 11 a.m.
the
be
highest and best
considering the - interest
bidder
rate
will
bonds
the
to
Union
District, Merced County (P. O.
Bond
for
(Calif. Daylight
Savings Time) on May 17 for the
purchase of $524,000 not to exceed
interest
5%
June
school
bonds.
of
of
will"
County
A
certified
office.
4%
bonds
the
the
par
be
Treas¬
value
check
the
of
•
each
issue, payable' to
County Treasurer, is required.
'
San.'Jose Unified School District,
Santa Clara County (P. O.
Dated
1, 1948. Denom. $1,000. Due
The
at
yAAA'A
San Jose), Calif.
*
■
June 1, as follows: $26,000 from
1949
to
1964, and $27,000 from
Albert Newlin,
County Clerk, will receive sealed,
1965 to 1968, all incl. Bidders mus.
specify the rate of interest which
May
on
the bonds
to bear. Bidders will
are
Bond Offering
bids until 11
18 for
construction
bid
bonds.
authorized
March
at
20.
A
the
election
certified
check
on
for
(Calif. DST)
a.m.
the purchase
of
on
$9,-
000.000 not to exceed 5% interest
be permitted to
split rates and tc
different rates of interest for
said bonds. These are the bonds
—
or registered.,
July 1, 1948.
De¬
$1,000.
Due on July..
1, as follows: $310,000 in 1949;
P315,000 in 1950; $320,000 in 1951;
$325,000 in 1952; $330,000 in 1953;
^>335,000 in 1954; $350,000 in 1955;
coupon
Dated
nomination
Inc., Stranahan,
$10,000 payable to the Chairman
of Toledo, Boetof Board of
Supervisors, is re¬
William
quired.
$345,000 in 1956; 350,000 in 1957;.
Blair & Co. of Chicago and the
accrued
interest from the
struction bonds offered on May 3 pay
$355,000 in 1958; $360,000 in 1959;M
Palo Alto, Calif.
Pasadena Corp. of Pasadena and
date of the bonds to the date of
—v. 167, p. 1410—were purchased
$365,000 in 1960, $370,000 in 1961;
Bond Offering—Winifred
Kidd,
Associates, at a price of par, a
by the Bank of America National delivery. The cost of printing the
City Clerk, t will receive sealed $375,000 in 1962; $385,000 in 1963;
net interest cost of 2.53%, as fol¬
bonds will be borne by the Dis¬
Trust &
Savings Association of
$390,000 in 1964; $395,000 in 1965;
bids until 7.30 p.m. (Calif.
lows:
"
AAA >,,v.y -V ' '
DST) on
*
San
Francisco.
Dated
July
1; trict.
May 10 for the purchase of $125,- $405,000 in 1966; $410,000 in 1967; "
$3,425,000
refunding
bonds,
as 1948;- Due serially on July 1, from
The legal opinion of Orrick,
000 not to exceed 5% interest $415,000 in 1968; $425,000 in 1969;
2%s,
maturing
$225,000 on 1949 to 1958 inclusive. Principal Dahlquist, Neff, Brown & Hermunicipal improvement of 1947 $430,000 in 1970; $440,000 in 1971,
Jan. and July 15, from 1951 and interest (J-J) payable at the
rington of San Francisco, approv¬ bonds.
$445,000 in 1972, and $65,000 in '
Dated July 1, 1948.
De¬
to
1955; $225,000 Jan. and County Treasurer's office.
ing the validity of the bonds will nomination
1973.
Bidders must specify the
$1,000. Due $5,000 on
;
$200,000 July 15, 1956; $200,be furnished
to
the
rate of interest in multiples of *
purchaser July 1, from 1949 to
Hemet Valley Union High School
1973,. all in¬
000 Jan. and July 15,,1957,
without charge. * .
V4 of l%.\Bidders will be per-;
clusive.
Rate of interest to be in
District, Riverside County
and $200,000 Jan. and $150,mitted to bid different rates of in- ■*
Los Angeles County Sanitation Dis¬ multiples of y4 of 1%.
(P. O. Riverside), Calif.
Principal
000 July 15, 1958. r'A A';:'
terest and to split rates irrespee- f
and interest (J-J) payable at the
Bond Offering—G. A. Pequetrict No. 16 (P. O. Los Angeles),
1,629,000
refunding
bonds,
as
tive of the maturities of the bonds.
City Treasurer's office.
Bidders
Calif.
1 %s, maturing $400,000 Jan.1 gnat, County Clerk, will receive
will be permitted to bid different Principal and -interest payable at -;
sealed bids until 10 a.m. (Calif,
Bond Offering—K. H. Harding,
and July 15, 1949, and $400,-1
the County Treasurer's office, or
rates of interest and to split rates
DST) on May 17 for the purchase Secretary of Board of
000
Jan. and $429,000
Directors,
July
at the holder's option at the office
of $315,000 not to exceed 5% in¬
will receive sealed bids until 2 irrespective of the maturities of
15, 1950.
of the
County's fiscal agent in ;
the bonds.
terest construction bonds. Dated
The legal opinion'of
p.m. (Calif/DST) on May 26 for
New York City. ' These are the
Dated July 15, 1948.
' <
A
n
July 1, 1948. Denomination $1,000. the purchase of
Orrick, Dahlquist, Neff, Brown &
$756,000 not to
bonds authorized at the election*,
Due $15,000 on July 1, from 1949
exceed 6% interest improvement Herrington, of San Francisco, ap¬
ARKANSAS
on Feb. 17, 1948.
The bonds will
to 1969, all inclusive. The bonds
proving the validity of the bonds,
bonds.
Dated May 1, 1946.
De¬
be
awarded, to the highest and
Lake Village Street Improvement
will be furnished to the successful
will be sold for cash only and at nomination
$1,000.
Due on May
best bidder
considering the in- A':
District No. 6, Ark.
bidder without charge.
not less thah par and accrued in¬
Delivery
1, as follows: $110,000 from 1960
terest rate or rates specified and
Bond Offering—J. B. Gillison, terest to the date of
:;y
delivery. Each to 1965 and $96,000 in 1966, all of the bonds will be made to the
the premium offered, if ariyvAr
Secretary of Board of Commis¬ bid taUst state that the bidder of¬
successful
;;/•>
bidder
at
the
City
inclusive.
Principal and interest
sioners, will receive seated bids fers par and accrued interest to
Treasurer's office, as soon as the ': The purchaser must pay accrued -A
(M-N)
payable at the County
until 2 p.m. (CST) on May 10 for the date of *
delivery, and state Treasurer's office or at the Na¬ bonds can be prepared. All bids interest from July 1, 1948, to the
the purchase of $91,000 3 V2 % im¬
date of delivery.
must be unconditional, for not less
Delivery will
separately the premium, if any, tional
City Bank, New York City.
provement bonds. Dated May 1, offered 'for the bonds bid
be made to the successful bidder
for, Each bid shall state that the bid¬ than all of the bonds offered for
1948. Due on May 1, as follows: and the rate
at the County Treasurer's office *A
of interest said bonds der offers
sale, and for not less than par and
par and accrued interest
$3,500 in 1949 : and 1950; $4,000 shall bear. Principal and interest
as soon as the bonds can/be pre-* y
accrued interest to date of deliv¬
to date of delivery, the premium,
from
1951
to
1954; $4,500 from (J-J)
payable
at
the
County if any, and the interest rate at ery. Enclose a certified check for pared, which is estimated to. be
1955 to 1958, and $5,000 from 1959 Treasurer's office.
about July 1, 1948. A The success¬
Enclose a cer¬
which
the bidder offers to buy $5,000, payable to. the CityATreasto 1968, all incl. The bonds will be
ful bidder shall have the right at
tified check for 5% of the bonds
urer,
cago, Blair & Co.,
Harris & Co., Inc.
Co.
&
tcher
of
,
Denver,
—
,
;
.
,
.
■
.
.
.
■
sold
of
with
the
the
approving opinion
Townsend
&
Townsend,
of
Little Rock. The District will
pay
the expenses of the issue
including
the approving opinion. A certified
check
for
$1,800
payable
to
the
bid
for, payable to the Chairman
Board of Supervisors..
Kaweah
School District, Tulare
County (P. O. Visalia), Calif.
Bond
Offering—Gladys Stewart,
bonds.
The
must be in
No bidder shall bid
interest rate.
than
more
interest
of
rate
multiples of.of 1%.
more
than
No bonds shall bear
one
interest rate.
Little Rock Sch. Dist., Ark. '
Bond Sale—The
$1,000,000 con¬
struction
bonds
offered
on
April
29—v.
tr
167, p. 1635—were pur¬
chased by the WAR. Stephens In¬
vestment
Co. of Little Rock, and
the Union Planters National Bank
&
Trust
as
Co.
2Vzs, at
of
a
Memphis, jointly,
price of 100.1425, a
basis of 2.488%. All of said bonds
will be callable and convertible.
Dated June 1, 1948.
Due serially
on Dec.
1, from 1950 to 1969 in¬
clusive.
a.m.
bonds
000
exceed
and for not less than par and ac¬
crued interest to date of delivery.
to
not
5%* interest
construction bonds. Dated June 1,
1948.
Denomination $1,000.
$1,000
June
on
1,
from
all inclusive.
)£65,
Due
1949
The
to
bonds
will be sold for cash only and at
not less than par and accrued in¬
terest. A Each bid must be for the
entire amount of the
state
that
the
bonds, must
bidder
offers
par
and accrued interest to the date of
'
ject
any
or
any
irregularity
and
the1;.'rate
bonds
urer's
office.
Enclose
a
cer¬
167,
p.
Chairman
Bank
1853—were purchased
by
National
Trust
& Savings Association of
Francisco, at a price of 100.06,
a
net interest cost of
3.166%, as
follows: $106,000 as
3s, maturing
$6,000 on June 1, 1949; $10,000
San
from 1950 to
1959, and $90,000 as
3%s, maturing $10,000 from 1960
to 1968 inclusive.
Dated June 1,
1948.
Principal and interest (JD) payable at the County Treas¬
urer's office.
The next highest
bidder was Blyth &
Co., for 3V4s
Bond Sale—The
$184,000 school
bonds offered
1966—were
View
Sch.
May 4—v. 167,
purchased by the
on
of
Supervisors.
Union
Elementary
Dist.,
Tehama County'
(P. O. Red Bluff), Calif.
y
Bond Offering—Alice E,
Davis,
bids until 2 p.m.
(Calif. DST) on
May 12 for the purchase" of $94,-
000
not
to
coupon or
bonds.
exceed
5%
interest
registered construction
Dated June
15, 1948. De¬
$1,000.
Due on June
follows: $3,000 from 1950 to
$4,000 from 1955 to 1959;
nomination
15,
as
1960
to 1964; $6,000
1969, and $4,000 in
1970.
Principal and interest (JD) payable at the County Treas¬
from
1965
to
urer's office.
be in
Rate
of
interest to
multiples of y4 of 1%. Bid¬
bid.
any
of
be
an
The
the
all bids
to
or
re¬
waive
informality in
or
These
Board of
right to
bonds
part
are
of
issue
$2,186,000, author¬
ized at a special election held on
April 16, 1946, of which $1,430,000
were
a
sold
July 10, 1946.
certified
check
for
Mecca Sch. Dist., Riverside
^
of
Sale—The
County
$65,000 build¬
on May 3—v.
ing bonds offered
167, p.
1853—were
Weeden
as
of
a
Co.
serially
1961
County
by
Francisco,
100.27,
a
basis
Dated
on
(J-J)
.
July 1, 1948.
July 1 from 1949
payable
Treasurer's
highest bidder
.
at
office.
was
/
the
The
the Bank
of America National Trust & Sav¬
ings
for
Association,
3s, at 100.06.
Nuveen & Co. of Chicago, at 3V2S,
at a price of 100.129, a basis of
3.487%;
San
,
Francisco,
;
>
-.A;
Dated June 1, 1948. Due
serially
June
on
inclusive.
1971
bidder
the
was
1, from 1949 to
The
next
Bank
highest
of America
National Trust &
tion,
Savings Associa¬
Francisco for Alks at
San
his option to cancel the
of
purchase if the bonds
by the
ion
of
District.
County
sealed
bids
Clerk,
until
11
will
a.m.
to exceed 5% school bonds divided
as
follows:
v
\
.
School District
bonds. Due $10,000 on June 1,
$80,000
Del
A from
Rosa
1949
to
inclusive.
1956
30,000 Apple Valley School Dis¬
trict
bonds.
Due
$5,000 on
June
.;
1, from 1949 to 1954 incl.
Dated June 1, 1948. Denom. $1,000^ Principal arid interest (JAD)
payable at the County Treasurer's
cisco,
par
only and for not less than
and accrued interest to date of
delivery. Each bid must state the
bidder offers par and accrued in¬
terest
to
date
of
delivery, and
state separately the premium of¬
fered,: if any, and the rate of
:
interest the bonds shall bear. The
bonds
will
be
sold
with
an
ap¬
proving' opinion of O'Melveny &
Myers, of Los Angeles, to be fur¬
nished
without
chaser.
These
thorized
cost
are
to
the
the
pur¬
bonds
at-the election
held
au¬
on
opin-y-
Dahlquist, Neff,
Herrington of San Fran¬
approving the validity of
the bonds will be furnished to the
successful
Enclose
bidder without
certified
a
$10,000,
payable- to
charge.
check
the
for/
County
Treasurer.
Calif. \yAA.A-v
Clara,
Bond Sale—An issue of
fire
and
phased
Trust
bonds
sewer
recently
$575,008
was
„
/
pur-:
A
by the American
Co., of San Francisco, and:
Savings Bank,
the Harris Trust &
of
Chicago, jointly, at a price of y
100.014, a net interest cost of" A:
1.93%, as follows: $207,000 as iy>s,;
maturing $23,000 on June 15, from
1949 to 1957 inelusvie, and $308,000
to
June
inclusive.
1973
(J-D)
Dated
Principal and in-'
15, 1948.
terest
?J
2s, maturing $23,000 from
as
1958
payable at the City
office. A Approved as
legality by Orrick, Dahlquist,: *
Neff, Brown & Herrington, of Saji A
Francisco.,
;
"
•"
'
A
Jn
Treasurer's
to
■■'t
v1
,
office. The bonds will be sold for
cash
The legal
Orrick,
Brown &
Santa
receive
(Calif.
Daylight Savings Time) on May
17 for the purchase of $110,000 not
son,-
not
prior y *
1,
1948.
The
cost
of A*
printing the bonds will be borne A1
Bernardino
County Sch. Dists.
(P. O. San Bernardino), Calif.
Bond Offering—Harry L. Aid-
are
Aug.
100.47.
San
^
contract
tendered for delivery on or
to
offered on May 4—v. 167,
1966—were purchased by John
purchased
San
inclusive.; Principal and
interest
next
of
price of
2.958%.
Due
to
&
3s. at
-
Sale—The $64,000 school
bonds
p.
the
(Pi Ol Riverside), Calif.
Bond
Bond
Enclose
3%
principal amount of the bonds bid
for, payable to the District. A A :Ay
County Clerk, will receive sealed
1954;
$5,000 from
100.26.
Downey Sch. Dist., Los Angeles
County (P* O. Los Angeles), Calif.
p.
Lassen
Board
will
approximately July 1,
1948.
The opinion of O'Melveny
& Myers of Los Angeles, approv¬
ing the validity of the bonds will
be furnished by the District to the
successful bidder at or prior to
the date of delivery of the bonds.
Payment for and delivery of the
bonds shall be made in the County
or
for,
interest said
only
on
shall
bid
the
r#«\
bonds
reserves
tified check for 5% of the amount
of bonds bid for, payable to the
at
the
Directors
rates of
>
America
made
of
Treasurer's office.
Bond Sale—The
$196,000 build¬
ing bonds offered on May 3—v.
of
Delivery
delivery, and state separately the
premium, if any, offered for the
Calexico Union High Sch.
Principal and interest (JDist., bear.
Imperial County (P. O. El Centro), D) payable at the County Treas¬
Calif.
shall be sold for cash
bonds
Interest payable J-D..,
CALIFORNIA
to be sold will be considered. The
bids until 10
(Calif. DST) on
May 18 for the purchase of $17,-
Calif.
No
bid for less than all of the bonds
,
Sch.
Dist., Los Angelei
County (P. O. Los Angeles),
one
County Clerk, will receive sealed
District, is required.
,
Palmdale
AAA
yyAAA'/yAAAy.AAA;;A:;.
Saticoy Elementary School District
Ventura
••«/*• -•/
//,
...
■
County
(P.
O; A
'
1
:Yent^ra);;CediF.^y}^~Jf:i :A;
Bond Offering—L. E.
HaJloweJl, J
-
County Clerk, will receive sealed )
bids until 10
a.m.
(Calif. DST). on
May 25 for the purchase of $132,-A
000
not
to
construction
15, 1948.
thorized
bonds.
These
at
April.20.•
r' A:A
exceed
the
are
4%
interest
Dated
July "
the bonds
election
held
au-
A
*
on
/ta/AA Ay A
'"/w'Ay
Volume
'Tulare
1
167
(P.
O.
Visaiia),
April
proved
the
13
FLORIDA
the
voters
issuance
of
ap¬
$510,000
7
-
v
Dinuba
Elementary
;•' ■ 7■■'y* ;■ -'''
of
■225,000
4* r*' School
,
School
X:
bortas.
Vi%
are
called
for
follows:
777
\
bonds, issue of Nov.
•
.
Nov. 1, 1966.
$300,000 water works bonds; Due
1
$15,000 on June 1, from 1949
to
-
.
1948
sewer,
$5,000
1949
to 1958 inclusive.;!
;
'Dated June 1,
tion $1,000.
that; the
accrued
the
to
date
of
and
the bonds;
sepa¬
Rate of interest to
multiples of
more
than
he bid
on
of 1%. Not
interest rate may
one
one
issue of bonds, but
different rate
each issue.
be
may
No
bid
terest
]
delivery of
7 7-7i,7
certified
check
principal
for
3%
&
of ; the
to the City.
names
to
the
Town,
Stern Bros. & Co., of Kansas
City;
Detmer & Co., of
in
available
now
rence
be distributed for payment
of bonds 'which
matured June 1,
may
CONNECTICUT
triinit>ull,
Bond
will
'
be
Offering
Conn.
—-
received
at
Sealed
the
bids
port-City Trust Co., 961
Main
Street, Bridgeport,- until 3 p.m.
(EDST) On May 13 for the pur¬
Qeveland
1500,000 ll/z% police department
v:
equipment bonds. Dated Jan.
1,, 1948.
Denomination $1,000. Due on
May
1,. as follows: $23,000 from 1949
to 195$, and
$22,000 from 1954 tb
1958! * all
name
inclusive.
one
rate
multiple of
%
of
Bidders
interest
of
1%.
in
Weeks &
F.
Principal
and interest
all
of* the
bonds
Offered
and
award will be made to the bidder
whose bid for all of the
bonds
or
bids.
all
No
bid
will
crued interest to date of
he bonds will be -sold
nd
be
ac¬
a
purchaser
delivery,
will
be
opinions
Ropes, Gray, Best, Coolidge &
ugg of Boston and Pullman &
omley
of, Bridgeport.
In
the
he State of Connecticut.
taxes
V'
V'
for
nclose
f. the
a
trusts
in
certified
face
value
check
of
the
for
:
bonds,
State
of
be
received
bonds.
1948.
Due
on
$5,000
$6,000
in
from
1949
1959
maturing
as
to
Note
by
City
1958,
with
of
Indianapolis, to¬
transcript of the
relating to the
the
bonds, will be
a
had
of
of the
City.
,,
Offering—Phillip L. Bayt,
Controller,
will
receive
:
sealed
bids until 10 a.m. (CST)
May 11 for the purchase of
$68,000 not to exceed 4% interest
on
temporary loan notes.
30, 1948.
7; 7/
Due June
77
7:',7 7
•
v
'
I
Richmond,
Ind.
Bond Offering—Harold G. Cole¬
City
man,
ceive
1;
follows:
1960.
and
Salem
Indianapolis, Ind.
Dated May
May 1,
Miller
expense
ment of Registration and Educa¬
tion,
Springfield, until 4 p.m.
(DST) on May 10 for the purchase
of $62,000 Northern Illinois State
Teachers College Student Union
Building and Dining Hall revenue,
1948
&
issuance
College Board of the
Illinois, at the office of
series
the
at
Goshen.
to
as
furnished to the purchaser at the
the Director of the State
Depart¬
Comptroller,r will
sealed
(CST)
bids
until
10
re¬
a.m.
May 12 for the pur¬
chase of $50,000 not to exceed 3%
interest municipal
airport of 1948
and
Bonds
on
and i960 are bonds.
Dated May 15, 1948. De¬
j^u^m-jcaJL&rt nomination $1,000. Due $1,000' on
interest payment date "July 1, 194^; $2,000 Jan. and $3,000
in
1959
callable iq. Inverse
der
on
on
any
after May
or
1, 1958.
^Bidders July
1, from 1950 to 1955; $2,000
$8,000 July 1, 1956 and
$7,000 Jan. 1,7957.- Bidders for
are
Jan.
requested to name the rate of
interest the bonds shall bear.
No
bid for less than par and accrued
and
;';-7|77v:v!
1,
1948.
$1,000. Due $5,000
1949
-
.
to
Denomination
on
Aug. 1, from
Bidders
1961, inclusive.
National Bank
to
cago;
submitted
& Trust Co., Chi¬
Halsey, Stuart & Co.; J. P.
Morgan & Co. Inc.; Glore, Forgan
& Co.; Blair &
Co., Inc.; C. J.
Devine & Co.; Drexel &
Co., First
Boston Corp., First National
Bank,
New
York; Guaranty Trust Co.,
York, Lehman Bros.; Phelps,
Fenn & Co.; White, Weld &
Co.;
New
t
Bond Call—W. J.
Huppert, Sec¬
of Board of Park Com¬
retary
the
fol¬
.
pair shops bonds. Dated July
1, 1945. Due $25,000 on Jan. 1
from 1949 to 1956 inclusive.
700,000 1%% playground bonds.
Dated July 1, 1945. Due Jan.
2%
ayable to the Town Treasurer.
of
7
Connecticut,
and
at the fiscal
,
missioners, calls for payment on
1, at par and accrued inter¬
June
est/on which date interest ceases,
>
They are
savings
e,g a 1, investments
will
payable
Trust Co.,
proceedings
the Teachers
June
or
) i:7 Dated July 1, 1945. Due Jan. $1,000,000 1V2% refunding bonds
1, as follows: $750,000 from Nos. 1 to 1,000. Dated Dec.
1, 1945.
7 1950 to
1964
inclusive; • and Denomination $1,000. Due Dec. 1,
7 : $1,500,000 in 1965.
1965. Upon "presentation and sur¬
7 a
I 200,000 1 Vz % city garage and re- render of said bonds and all in¬
of
anks
bids
&
gether
College Board of the '
State of Illinois, III.
Bond Offering —
Vernon L.
Nickell, Secretary, announces that
May 15 for. the purchase of
$65,000 not to exceed 3% interest
park improvement bonds. Dated
v;
ptinion of Counsel, bonds are exmpt front the present Federal
from
consisted
4
'shed with the favorable
taxes, and
sale
lowing; a-77 ,77 7.',,
$12,750,000 lVz%- airport bonds.
fur-
f
come
ice
Teachers
sealed
shall be named
by
Principal and inter¬
Regprincipal. The ap¬
proving opinion of Ross, McCord,
Co., Chicago, and First of Michi¬
gan Corp., jointly, at 110.03.
.!
(J-J)
Bank
isterable
Trust
The only other bidder was a will be
required to name the rate
syndicate which included, among of interest in multiples of Vi of
others, the First National Bank, 1% and not more than one in¬
Chicago; Harris Trust & Savings terest rate shall be named by
Bank, Chicago; Northern Trust each
bidder.
Interest
payable
Co., Chicago; Continental Illinois A-O.
The bonds will be awarded
New
net interest cost of
2.215%.
7 The
subject to,
the
of
order:
est
1948,
Northern
rate
each bidder.
on
the
was
the
bonds
the
highest
his
bidder
bid
in
who
has
accordance
with the terms of sale. No bid for
tha'n
less
terest
par
and
accrued
opinion of Ross, McCord, Ice &
Miller, of Indianapolis, will be
furnished to the purchaser at the
expense of the City.
No condi¬
tional bid or bids in amounts less
than the face value of the
plus
interest
accrued
delivery, if
to
bonds,
date
of
at a rate named
ill the bid, will be considered. In
event
no
ceived
on
any,
satisfactory
bid
is
re¬
the date and at the time
herein fixed, the sale will be con¬
tinued from day to day thereafter.
A certified check for
$500, pay¬
able to the City, is
required.
in¬
to date of
delivery will be
considered.
The opinion of Ross,
McCord, Ice & Miller, of Indian¬
apolis, approving the legality of
the bonds, will be furnished to
Shdwswick Township School Town7*
ship (P. O. Bedford), Ind.
Bond
ley,
Offering—William
Township
ceive
sealed
Trustee,
Smi¬
will
re¬
bids
■
ac¬
and
par
Co.,
numerical
bidder
the
to bear, stated in
multiples of
V4 of 1%, and not more than one
interest
to
City;
Stubbs, of Boston; Rob¬
• of Atlanta;
&
in
serially
1,
Treasurer's office
Corp.,
Smithers
terest
par and accrued in-
April
name
which
are
Jan. 1, from
1968, all inclusive. Inter¬
payable J-J. The next highest
1953
est
Dated
Bidders shall
interest
!
best;
reject any
cepted for less than
S.
tional at
due
of
until
10 a.m.
York, Cruttendeh ! & Co.,; John W;: Barr Bros. & Co.; Braun, Bos- the purchaser at the expense of
(CST) on May 11 for the purchase
worth & Co., Inc.; Central Re¬ the
Clarke & Co., both of
City. No conditional bids will
Chicago;
of $80,000 not to exceed 4J/2% in¬
G. C.rHaas &
Co.; of New York; public Co., Chicago; Harris, Hall be considered. A certified check
terest
school' building
& Co. and R. H. Moulton & Co. for
of
1948
Robert Hawkins &
$2,000 payable to the City, is
Co./of Boston;
bonds.
Dated May 1, 1948.
This group bid for
De¬
Juran & Moody, of St.
$30,000,000 as required.'7/
Paul; Rand
nomination
$1,000.
Due
$4,000
Co:, of NewYork; Sills; Mintbh 2^s, and $36,500,000 as l1/^, at a
July 1,1949; $3,000; Jan. and $4,000
6
Co.,
of
777777 Goshenr Ind. ; •,;a77 i, •""'
Chicago; • v Frank & net interest cost of 2.305%.
Bond Offering—Clare F. Gar- July 1, 1950, and $3,000 Jan. and
Belden, of Minneapolis, and Per{/
July 1, from 1951 to 1962, all in¬
Chicago Park District, III*
ber, City Clerk-Treasurer, will
rin, West & Winslow, of Boston, at
(M-N) payable at the
Bridgeport-City Trust Co., Bridge¬
port; Bids must be submitted for
shall -be deemed highest and
The right is reserved to
1.9865%.
and
agency of the city in New York
inson-Humphrey Co.,
a
equipment bonds. Dated Jan.
1, 1948. Due Jan. 1, 1958; op-
,
Cummins, of Des Moines; Whiting;
to
y
Chicago.
Co., of New York, Julien Col¬
lins & Co. of Chicago, Stern Bros.
& Co., of Kansas
City, Watling,
Lerchen & Co.
of
Detroit, and
Quail & Co. of Davenport, at 110,1379,
a
net
interest
cost
of
inclusive,
Principal and semi-annual in¬
terest (J-J) payable at the
City
of Cleveland;
Watling, Lerchen 8c Co., of De¬
troit; Hannahs, Ballin & Lee, of
New York; First National
Bank,
of
Minneapolis; First National
Bank, of St. Paul; Wheelock &
chase of $225,000 not to
exceed 2%
interest school series of 1948 cou¬
pon
bonds. -•* Dated May
iinancial
or
,
Also, Commerce Trust Co., of
Kansas City; Hirsch &
Co., Ellis
Co., bdth of New York; First
Bridge¬
publican
one
.
Chicago; Lau¬
Mt; Marks & Co., of New
York; Manufacturers and Traders
Trust Co., of
Buffalo; Dean Witter
& Co., of San
Francisco; Field,
Richards & Co., Hay den, Miller
8c Co., both of
Cleveland; Schwabacher & Co., of San
Francisco;
1947.
on April 30—v.
lt)7,
1854—were purchased by a syn¬
dicate composed of White, Weld
WBWS]
—
and- addresses
by
newspaper
journal
of
general
circulation
published in the City of
Indianap¬
olis and by one
publication in a
these bonds will be
$150,000 Jan. 1, 1949 to 1957
required to
inclusive, or on any interest interest or fpr less thah all of the name the rate of interest which
bonds will be considered.
the bonds are to bear in a mul¬
payment date thereafter.
tiple of V4 of 1%, and not more
3,500,000 1 Vz % slum clearance
than one interest rate
7. bonds. Dated July 1, 1945. Due
shall be
INDIANA
named by each bidder.
Jan. 1, 1956;
The bonds
optional at par
Anderson, Ind.
will be awarded to the
and accrued
highest
interest; $500,000
Bond Offering —
George A.
"Jan. 1, 1950 to 1955
inclusive, Horn, City Controller, will receive qualified bidder who has submit¬
or on
ted his bid in accordance with the
any" interest payment sealed bids until 10 a.m.
(CDST) notice
of
date thereafter,
sale.
The
approving
on
COLORADO
Gibbons & Co., Inc., Chas E. WeiWellington Sanitary Sewer Dist. gold & Co;; both of New; York;
Bacon; Whipple & Co., Martin,
No. 1 (P. O.
Wellington), ColoM Burns
& Corbett,
'Bond Call
Kebbon, McHolders of bonds
Cormick* & Co., all of
Nos. 29 to 38,. and Nos. 41
Chicago,
and 42,
Eldredge & Co., of New York;
are advised to
send their
order, that, funds
sucfi redemption
tiori in a
rate
1954
!
New
amount of the bonds bid
for, payable
Hutton
cease.
bonds offered
equipment bobds. Dated July
1, 1945. Due $150,000 on Jan.
j
Co., of I
York; William Blair & Co., £
of Chicago;
Graham, Parsons & 7
Co.; bf New York; Alex. Brown
& Sons,
of Baltimore; Geo, B.
E.
redemption.
Notice of such re¬
demption shall be given at least
30 days prior to the date
fixed for
&
to
lir?*aeg'Srtment
Also W.
or
3%
interest to ttie date fixed for
case
interest
County, Metropolitan
Airport Authority (P. O. A
Rock Island), III.
Bond Sale—The $800,000 23/4%
general obligation, unlimited tax
$190,000 from 1955 to 1966
inclusive.
: '7/ ;7:'!77:
1,050,000
1V2%
waste
disposal
of the bonds shall
be made in the
a
payment
date
1953,
if
1958, or on
July 1, 1963; 1% if re¬
deemed after" July
17 1963, and
prior to maturity, plus in each
Rock Island
$180,00C
1951
-
the bonds, at the
expense of the
City. ; Payment; for and
delivery
which
1,
newspaper or financial journal of
general circulation in the City of
•
or
City Treasurer's office. Enclose
shall
6n
July
or
before
or
principal and
payable on date
is
oh
before July 1,
1958;
redeemed after July
1,
amount of
as
called,
full
in
redeemed
on
from
$66,500,000
Bros; & Hutzler.
Order, at the face value thereof
plus the following premiums:
5%
if
1,
p.
-
opinion of O'Melveny & Myers, of
Los Angeles, approving the va¬
lidity of the bonds,; will be fur¬
nished the successful bidder
at
prior to the date of
The
—
receive
same
interest
follows
as
York; A. G. Becker & Co.
of Chicago; First National
Bank
77 1,1948. Due Jan. 1, 1958; opof Portland;
Philadelphia Nationaj t7;' tional at par and accrued in¬
Bank,
of
Philadelphia;
Stifel
terest
in
numerical
order:
Nicolaus & Co., of Chicago; R; W
$50,000 Jan. 1,1949 to 1957,. or
Pressprich & Co., Equitable Se¬
on
any interest payment date
curities
Corp.,
Merrill
177 after respective dates. \
Lynch
777;
Pierce, Fenner & Beane,-First of
15,000,000 2*4% rehousing bonds.
Michigan Corp., Hornblower &
Dated Jan. 1, 1948. Due Jan;
Weeks, all of New York; Mil¬
1, 1968;1 optional at par and
waukee Co.; of
accrued interest in numerical
Milwaukee; Kean, ;
Taylor & Co., L. F. Rothschild & a
order: $750,000 Jan.
1, 1949 to
Co.,ri)oth of New York; Schoell1967 inclusive.
) y!'7'
kopf,, Hutton & Ppmeroy, of Btif- : 1.SJOO.OOO *1 (S %"
par
and accrued in¬
date of
delivery/
The
to
Sale
of New
bid for less than
and; for not
than
Bond
Chicago; Salomon
for
ail of the bonds will be
considered.
Each bid shall be for all of
the
bonds or none.> The bonds
shall
be sold for cash
only
less
1,
to
interest
thereto
once
the
super-highway
*5
The premium, if
any,
and the interest rate on
each is¬
sue of
the bonds must be
be in
at
1
offered on May 5—v.
167,
71 from 1950 to 1956
inclusive.
1854—wfere awarded to a syn¬
71,500,000' iy2%
electric
street
dicate composed of the Bankers
7 t :; lighting system bonds. Dated
Trust Co., Chase National^
Bank,
Jan. 1; 1947. Due Jan.
1, as
National City Bank,
Smith, Barney !7
follows: $90,000 from 1951 to
&
Co., Blyth & Co., Harriman
1954
7"
inclusive
and
$95,000
Ripley & Co., Inc., Chemical Bank
from 1955 to 1966 inclusive. 7
& Trust Co., Lazard Freres &
Co., I 15,000,000 2Y4% slum clearance
Buion ^ecurities Corp.; all of New
'bonds. Dated Jan. 1,1948. Due
York; A. C. Allyn & Co., of Chi¬
77 Jan. 1, 1968; optional at par
cago;- Kidder,
Peabody & Co., j77; and
accrued
interest
in
Paine, Webber, Jackson & Curtis
|7 numerical order; $750,000 Jan.
both of New York; Illinois
Co:, oi
1,1949 to 1967 inclusive.
any, on each issue of
rately stated..
Jan.
Jan.
and
51
bonds. Dated Jan.
1, 1947. Due
Jan.
1; as follows:
bonds
de¬
rate
bonds.
p.
and
par
livery, and the interest
premium, if
1, 1941, due
Chicago, III;
;
City Treas¬
offers
Due
Dated
redemption
belonging, for pay-^
prior to that date, namely,
at any time on or alter
April 30,
1948, whereupon the holders will
and
bonds.
bonds
ment
and
Each bid shall state
bidder
interest
1948,
and
$115,000 from 1954 to 1965 in¬
clusive and $120,000 in 1966.
3,000,000
1 lk %
,1 i.VYi
1948. Denomina¬
(;J-D) payable at
1947.
ILLINOIS
Principal and interest
urer's office.
inclusive,
as
ment
re¬
The refunding bond
now
has approxi¬
,77
,
1964
for ;
the
coupons due on and after June
*
;
Marie
Due
1, from
June
on
bonds.
Fund
to
(2075)
called
present
$500,000 from
1957 to 1966 inclusive.
1,500,000 1 Vz % street and alley
reconstruction and improve-
mately $7,000 on hand and avail¬
able for purchase.
1968, inclusive.
-50,000
'
Sinking
bonds
building bonds.
1, 1945. Due Jan.
follows: $100,000' from
inclusive,
ceived sealed tenders until 5
p.m.
(EST) on May 31 of refunding
as
fire
Jan. 1, 1947. Due Jan.
follows: $500,000 in 1951;
$400,000 from 1952 to 1956
1,
Pinellas Park, Fla. *
Remington, Town Clerk, will
and
CHRONICLE
Dated
Lakeland.
—
lV2%v police
$200,000 in 1965.
7,500,000
1%%
sewer
payment.
Bond Tenders Invited
as
1949
1,
National Bank,
Whittier, Calif.
est water works
bonds divided
a
1,
Bond
,
-
4
FINANCIAL
Dated July
Funds for payment of said bonds
will be available at the Florida
Offering—Guy N. Dixon,
City Clerk, • will receive sealed
t?ids until 7:30 p.m.. (Calif. DST)
on .May
10 for the purchase of
$350,000 not to exceed 4% inter¬
i
juiy
&
department
Call—L.
1939, due July 1,
1959, bearing interest at the rate
High
bonds.
•
of
sue
Dinuba
-
*.
■
Bond
,
$285,000
1,800,000
Lakeland, Fla.
Pressgrovej City
Clerk, announces that tne $706,560
outstanding refunding bonds, is¬
s
election
an
follows:
as
COMMERCIAL
Calif.
Vdted—At
on
bonds
THE
County School Districts
Bonds
:
held
Number 4697
1,
as
1950
.
,
follows:
to
1964
$100,000 from
inclusive, and
$200,000 in 1965.
-
...
terest
coupons
due
on
and
after
June I,; 1948, thereto belonging, at
the office of the Treasurer Park
District; or at the First National
Bank
6f Chicago, payment for
said Ponds
shall
be
made
to
the
holders thereof; and the privilege
the holders of the
is extended to
receive
(CST)
sealed^ bids
until
2
p.m.
May 17 for the pur¬
chase of $600,000 not to exceed
3!/2% interest electric utility rev¬
enue
bonds.
Dated May 1, 1948.
Denomination $1,000. Due $12,000
Jan. and July 1, in 1949 and
1950;
$13,000 Jan. and July 1, in 1951
and 1952; $14,000 Jan. and July 1,
in 1953 and 1954; $15,000 Jan. and
July 1, in 1955 and 1956, and $16,000 Jan. and July 1, from 1957
tori968/ all inclusive. The bbrids
maturing on and after Jan. 1, 1954,
are
redeemable at the option of
the City on July 1, 1953, or on
any interest payment date there¬
after
in
on
their
inverse
numerical
clusive.
to
name
which
Bidders will be required
the
rate
of
interest
the
multiples
more
be
bonds
of
than
named
bonds
will
V4
one
are
of
to
1%,
bear
and
in
not
interest rate shall
by each
be
bidder.
awarded
to
The
the
highest responsible bidder whose
bid
is
in
terms
of
opinion
of
accordance
sale.
with
the
The
Ross,
approving
McCord, Ice &
Miller of Indianapolis, will be fur¬
nished the purchaser.
tional
bids
will
be
No condi¬
received.
A
certified check for $1,500, payable
to
the
quired.
School
Township,
is
re¬
Offering:
Bond
be in
Lawrence
—
Parker,
Secretary
of
School
Trustees,
will
"Bond
May 18 for the purchase of $84,000
to exceed 4% interest land
June
Dated
multiples of y4 of 1%,
and not more than one rate shall
be named by each bidder.
No
bid for less than the par value of
the bonds will be considered. The
in
bear
opinion
approving
be furnished to the
bidder
ful
check
for
School
success¬
is
bonds
in
offered
bonds
purchased
were
on
authorized
March
on
legality
to
water
May 3
at
the
bidder
was
the election
Approved as
Carleton D.
Certificate
bonds
the
were
Beh Co.,
offered
as -
$50,000 Dubberly
certificates of¬
fered on May 4—v. 167, p. 1967—
were purchased at public auction,
by the White-Phillips Co. of Dav¬
enport, as 2s, at a price of 100.55.
The next highest bidder was local
banks, for 2s, at 100.525.
Sch,
bonds,
at
price
a
r^' 2.65%... Due serially
$200,000
anticipation
Consolidated
27
Dist.,
Iowa
of
\
on
47,000 Sibley School District No.
1 bonds, at a price of 100.104,
Due
serially
1949
Dated
on
1963
to
June
1,
June
1
.
1948.
Principal
and interest (J-D) payable at the
office
of
the
Treasurer
of
Independent Sch.
Dist.,
'
2s,/- and$26,000
100.106.
1
3s,
'
riod
of
Vi
and
the
coupon
pe¬
1%,
should be
Principal and
interest (A-O) payable at the of¬
at
on
any
rate
one
bond
one
only.
/
fice of the Treasurer of Board of
Education.
ditioned
Bids
shall
be
con¬
unqualified
opinion of Miller, Canfield, Pad¬
dock & Stone, of Detroit, which
opinion will be furnished without
expense to the purchaser.
A cer¬
tified check for $5,000 payable to
These
the
upon
the District
are
-
v.
-
,
j
>
to
due
Treasurer, is required.
the bonds
originally
purchased by the Stone &
Corp.; of New
lows:
J
v.'
'•
'
j.
j' •1
Marine
,
Bond
Mieh.
City,
Offering—R.
Clerk,
City
^ J * »■!
<V
) .'
j
'r1'
Detroit.
National
Bank
of
Rate of interest to be in
multiples of y4 of 1%.
be conditioned
Bids shall
the unquali¬
fied opinion of Berry, Stevens,
Barbier & Evely, of Detroit, ap¬
proving the legality of the bonds,
which opinion will be furnished,
upon
without expense, to the purchaser
the bonds at the time of the
of
delivery thereof. The purchaser
shall furnish bonds ready for ex¬
ecution at his expense. Bonds will
be delivered at Detroit, or such
other
place as may be agreed
with the purchaser. Enclose
upon
certified check for
a
able^^q the Cityi
North
$3,060,
pay¬
Tfehsurer/;^^^^:^^^^
;
;
Muskegon, Mich.
Bond Sale—The $130,000 water
supply and sewage disposal sys¬
}
tem
bonds
revenue
April
offered
~
on
27—v.
167, p. 1856—were
purchased by McDonald-Moore &
Co., and H. V. Sattley & Co., both
a
.
i
:
1
to
,
York, and Coffin & Burr, of Bos¬
ton, jointly, as IV4S, at a price of
100.18, a basis ,of 1.189%, as fol¬
*
then
on
Springborn,
receive sealed
p.m.* (EDST)
on
Bond Sale—The $200,000 school
maryland
$230,000 macadam pavem't bonds
June 14 for the purchase of $58,bonds " offered
on
April 29—v.
of 1948. Due serially on May
Anne Arundel County (P. O. H
000': •: not to exceed 4% ^interest
167, p. 1855—were purchased by
1, from 1949 to 1953, incl. v '
water -supply
Glen Burnie), Md.
system
revenue,
the First National Bank of Marion,
40,000 water bonds of 1948. Due
series
of
1948
Bond
coupon - bonds
Offering w, W. Calvin
as
l%s," at a price of 100.287, a
serially on May 1, from 1949
Dated June
1, 1948.
Denomina¬
basis of 1.732%.
Dated May 1, Chairman of Board of- Sanitary
f
to 1953, incl.
"
•
tion $1,000. Due on Oct. 1, as fol¬
1948.
Due serially on Nov. 1, from Commission,
will receive sealed
Dated May 1, 1948.
Principal lows:, $3,000'in 1950; $4,000 in
1949 to 1966 inclusive.
Interest bids until noon (DST) on May 19
and
interest
(M-N)
payable at 1951; $5,000 in 1952; $6,000 from
payable M-N.
The next highest for the purchase of $300,000 not
the National Shawmut Bank of 1953 to
1955, and $7,000 from 1958
bidd'er was Halsey,s Stuart & Co., to exceed 5% interest water and
Boston.
The next highest bidder to
1959, all incl. Bonds maturing
for l%s,- at 100.262. ^J'
sewerage system series RR coupon
was
Halsey, Stuart & Co., for in 1952 to 1959, are redeemable at
{• ;
i
fifiu ■' ZyHS z\ i-s.*•
'•
bonds.
Dated May 15, 1948.
De¬
Martelle Consolidated Sch. Dist.,
iy4s, at 100.17.
the option of the city, in inverse
nomination $1,000.
Due on May
Iowa
v,';.';/-•V
numerical order, on any. interest
15, as follows: $10,000 from 1951
/
Gloucester, Mass.
Iowa
~
no
April 5 and not issued of Detroit, jointly, at 100.0154, a
technicality.
,
' * net interest cost of 2.69%, as fol¬
lows^ $24,000 i. as 23/4s, maturing
'V:.'/ Dearborn, Mich. ;
A
$3,008 or^ Jan. 1, from 1951 to
Bids Returned—Due to change
1958; $38,000 as; 2y4s, maturing
in plans all bids received for the;
$4,000 from 1959].to 1965; $5,000
purchase of the $73,200 not to in 1966 and
196\and $68 000 as
exceed 3% interest notes offered
23/4s, maturing $5,000 in 1968 and
on May
4—v. 167, p. 1968—were 1969; $6,000 from 1970 to 1974;
returned unopen.
and $7,000 from 1975 to 1978, all
offered
Webster Securities
at
3
-Rate of interest to be in
multiples of
$270,000 bonds
on
—were
until
bids
interest rate for each
May 5—v. 167, p. 1968
offered
.
Marion
Sale—The
Bond
Board, or at any bank
Bonds Voted .— At an election
specified by the purchaser.
The
held on April 12 the voters ap¬ next
highest bidder was White,
proved the issuance • of $20,000 Ha'ttler & Sahford, for $23,000 2s,
school improvement bonds.
•
and $24,000 3s,
at 100.088, and
sealed
on
$1,000.
Due
$60,000
April 1, from. 1949 to 1953 in¬
clusive.
Brockton, Mass.
the
School
$24,000
the
Dated May 5,
1948 and due Nov. 4, 1948.
The
only other bidder was * Halsey,
Stuart
&
Co.,
at,",. 1.22%, plus
$250.
< '
/'
from
inclusive.
on
premium of $115.;
interest cost of 2.64%.
net
a
receive
nominated
Boston, Mass.
$5,000,000 tem¬
porary loan notes offered on April
30 were purchased by the First
Boston
Corp., at 1.15%, plus a
sTune
after Aug. 1, 1975, provided,
bonds less than the entire
or
prior
May 10 for the
$300,000 'not to ex¬
ceed 3% interest building coupon
bonds.
Dated April 1, 1948. De¬
Note Sale—The
1> from 1949 to 1963 inclusive.
on
Manufacturers
(DST)
purchase of
•
^
May 26.
School District, Mich.
Offering—Mae W. Burr,
p.m.
Boston funds.
100.088, a net interest cost of
I
,
or
fore
outstanding, shall be
redemption at any time
Aug. 1, 1955. Principal
and interest (A-O) payable at the
will
livery on or about June 1, at the
above bank, against payment in
District
School
after Aug. 1, 1965, but be¬
Aug. 1, 1970, $10 if called for
redemption on or after Aug. 1,
1970, but before Aug. 1, 1975. No
premium if called for redemption
on
issue
on or
Secretary of Board of Education,
ity of this issue will be furnished
without charge to the purchaser.
The bonds will be ready for de¬
follows:
for redemption before
Aug. 1, 1955, $40 if called for re¬
demption on or after Aug. 1,1955,
but before Aug. 1,
1960, $30 if
called for redemption on or after
Aug. 1, 1960, but before Aug. 1,
1965, $20 if called for redemption
Adrian
Storey,
Thorndike,
Palmer
&
Dodge, of Boston, as to the valid¬
May 4—v. 167, p. 1637
—were
purchased; by
Barrow,
Leary & Co. of Shreveport and
the Peoples Bank & Trust Co. of
following schedule: $50
called
that
about
pre¬
a
Bond
above
named
favorable opinion of
The
bank.
School Districts
tele¬
The
No
michigan
under supervision of
by
uineness
Boston.
plus
each bond in accordance
the
with
if
interest
on
called for
The bonds will
Boston.
be engraved
Bank,
accrued
mium
named bank
National
the' First
at
of
Bank
-
on
No.
^
.
Sale—The
A-/
payable at the Second Na¬
phone bids will be accepted.
1958, all incl. Bidders to
one
rate of interest in a
payable
net in¬
a
(P. O. Minden), La.
Bond Sale—The $97,000 bonds
•
Earlville
that
21/2s, at 100.28,
next
The
Clinton, Iowa
<
learn
;as
Webster Parish
for 2s, at 100.375.
tax
reported
May 3 issue—v. 167, p. 1967
as
and ac¬
Principal and in¬
and
note will be delivered at the above
multiple of y4 of 1%. No bid for
less than par and accrued interest
to date of delivery will be con¬
sidered.
Principal and interest
& Burk-
Long
in¬
multiple of y4 of 1%.
for less than par
tional
to
name
of
rate
one
name
a
June 1, from
Due $10,000 on
1949
$50,000
revenue
sewer
Russell,
Rogers, of
highest Minden, jointly,
N.
H.
by
Moines.
Des
terest
the
for
crued interest.
Mar¬
and authenticated as to their gen¬
These are
at
29.
000.
connec¬
Louisiana
Citizens
the
by
price of 100.50.
bonds
held
and
of Lexington,
*
Savings Bank, of Avoca, as 2s,
a
our
sold
,
the
of
to
No bid
p
shall, City Treasurer, will receive
sealed bids until 11 a.m. (DST) on
1961
terest cost of 2.48%.
Avoca, Iowa
Sale—The $20,000
Bond
.
works
to
—we
4;|owa'
''
'
~
works
holder
sale
the
water
payable to the
required.
$2,000
City,
with
12
Bidder
of $100,000 coupon sewer bonds.
Dated
June 1, 1948.
Denomination $1,-
Details—In
Sale
Bond
tion
No conditional bids
considered.'* A certified
be
,
Attleboro, Mass.
Offering—William
Bond
' *
'
;.
Bardstown, Ky.
School City.
will
massachusetts
KENTUCKY
the expense of the
at
purchase of
$50,000 school loan coupon notes.
Dated May 15, 1948.
Denomina¬
tion $1,000.
Due $5,000 on May
15, from 1949 to 1958 inclusive.
May
terest in
1963, ?all inclusive.
*
Cord, Ice & Miller of Indianapolis,
will
one
On
May 11 for the purchase
Mc-
of Ross,
for
hundred dollars of the
money
payable M-N. '■* A certified check
2V2% of the amount of bonds
of each issue, is required.
$10,000
maturing
2s,
as
2V8S, maturing $10,000 from
to
don, Town Treasurer, will receive
sealed bids until 7:30 p.m. (DST)
shall
bidder
of
for
1957 to 1960, and $30,000 as
from
each
principal of said bonds that the
bidder is willing to pay.
Interest
follows:
as
•
amount
the
Monday, May 10, 1948
Westwood, Mass.'
Offering—John D. Hodg-
Note
as
$40,000
bonds are to
the
sold
addition,
each
our
were
$1,000.
Rate of interest to
multiples of y4 of 1%, and
state
2s, maturing $10,000
from 1949 to 1954; $20,000 as l%s,
maturing $10,000 in 1955 and 1956;
required to name the
of interest
rate
p.
bonds
$60,000
July 1, 1949, and Jan. and July 1,
from 1950 to 1963 inclusive.
Bid¬
ders will be
167,
the
Due $3,000 on
nomination $1,000.
in
April 26 issue
1855—we learn that
reported in
—v.
1948. De¬
1,
■<
»
connec¬
Soden-Zahner Co. of Kansas City,
as
improvement
and
acquisition
,
Details—In
Sale
tion, with the sale of $150,000 sew¬
age disposal plant bonds to the
(CST) on
not
bonds.
Kan.
Kingman,
Board of
receive
sealed bids until 10 a.m.
tion
kansas
School City, Ind.
Shelbyville
-
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(2076)
52
will
until -7:30
bids
' 1■■ ■j-
inclusive.
Dated April
1, 1948.
Principal and interest (J-J) pay¬
able at the National Lumberman's
Bank, Muskegon.
bidder
est
The next high¬
the First of Mich¬
was
v
'
igan
Corp.,
and $52,000
2%s,
for
$78,000 as
3s, at 100.02.
as
^
,
.
•.
,
:
Pontiac School District, Mich.
;
Bond
Sale
The
—
Wisner Stadium
fered
-
$130,000 2%
revenue
bonds of¬
May 3—v. 167, p. 1856—
purchased by the Pontiac
on
were
Chamber
of
Commerce,
Dated April
Jan.
on
;
at par.
Due serially
1, 1948.
1, from 1950 to
elusive.
Interest
1969 inJ
payable J-J.
1
Sale—The
Bond
struction
30—v.
bonds
167,
$125,000
offered
con¬
April
on
to
1974, and $15,000 from 1975 to
1978, all inclusive.
Principal and
1739—rwere , pur¬
chased by Vieth, Duncan & Wood
p.
interest
(M-N)
payable at the
County Trust Co, of Maryland,
2y4s. Dated May; Glen Burnie.
Registerable as to
1, 1948.
Due serially on Dec. 1,
principal only, • Bidders are re¬
from 1949 to 1967 inclusive. In¬
quested to indicate with their bids
of
Davenport,
as
terest payable
Olin
J-D.
Consolidated
'
'
the rate
School
District,
Sale
Bond
struction
—
bonds
The
$55,000
offered
on
the
April
167,
chased
by Wheelock & Cummins
1855—were
pur¬
of Des Moines, as 13/4S, at a price
of 100.64, a basis of 1.653%. Dated
the bonds, on which rate
on
rates their bids
con¬
29—v.
p.
paid
or
Iowa
rates of interest to be
or
rates named
one
bonds
of the
same
more
May
Merchants
bidder
Yost of
Baltimore and the ap¬
May 1.1948. Due serially on May
1, from 1950 to 1960 inclusive. proving opinion of these attorneys
will be delivered upon request of
Interest payable M-N.,\/ •
'
purchaser, without charge. A cer¬
Rutland, Iowa
f
' ^ tified check for 2% of the
tion after Oct.
Weeks
&
Oct.
?
Pittsfield, Mass.
■
Bond
Offering
.-,.^1:^ /
H.
—
bids
May
on
until
13
for
11
par
Bond
Offering—Harold
Colvet, amount of bonds, payable to the
sealed Secretary-Treasurer of the County
bids.until, 1 p.m. (CST) on May 21 Sanitary Commission, is required.
toy the purchase of $23,000 water
Cumberland, Md.
works bonds. Dated May 1, 1948.
Bond-Offering — William H.
Due oh Nov, 1, as follows:' $1,000
Buchholtz, Commissioner of Fi¬
from 1950 to-1962, and $2,000 frohn
nance and
Revenue, will receive
1963 ;to! 1967, all incl.
All bids
sealed bids until 10 a.m.
(EST)
shall specify the rate of interest
on
May 171 for the purchase of
and all other things being equal
the bid Of par and accrued inter¬ $750,000 not to exceed 4% interest
bonds
divided
as
est or better specifying the low¬ improvement
Town
est
Clerk,
interest
will
rate
receive
will
be
given
follows:
,
$500,000 water of 1941 bonds.
of Chapman & Ctitler, of Chicago,
will be furnished the purchaser.
A; certified check for $500 is re-
250,000 water of 1945 bonds.
to
.
.
Jit'
'•ft'; }
'•}"
L>1~ :Jt'i<i>j'
/■'/Vv
-•.A'
Due
May 15, from 1949
on
y4 of ,1%.
'*
■
-
-
;
May<;15, 1948.1 Denomina:■>
...
000
1948.
$20,1958
one
may
be
for
Approved
legality by Ropes, Gray,
Best, Coolidge & Rngg of Boston,
whose opinion will be. furnished
to
purchaser.
delivered
above
to
bank
on
about
or
No bid for less than
accrued
and
The bonds will be
the purchaser at the
named
interest
to
par
dateJ of
delivery will be considered. The
right is reserved to reject any or
all" bids;
r:;
rt;<: J ;i> ;•
i+O
,,'HU
'
■
not
to
exceed
/
3 %> interest
—
,
Sivert
E.
Hunsbedt, Secretary of Board of
Education,
will
receive
sealed
bids until 8 p.m. (EST) on
May 11
purchase of $200,000 not
to exceed 2% interest school cou-!
for
the
bonds.
Dated May 1,
Denomination $1,000.
Due
1948.
pon
000
May 1, from 1949 to 1953,
on
Rate
interest
of
multiples of y4 of 1%.
terest
riod
rate
on
each
for
any one
rate
one
$40,-,
only.
be
to
The inr
<
pe¬
coupon
bond shall be at
Principal,-andan-
terest
(M-N) payable at the JIuCounty State Bank;, j Harbor
ron
Beach/
upon
the
Bids shall be conditioned
the* unqualified opiniortfqf
purchaser's attorney}cto'ibe
at
secured
pense.
at
- •
the
the
above
purchaserfs}}
ex^
will, be: delivered
Bonds
named bankior«.at
such other place as may:
be agreed
purchaser.)iiAiqertified
$4,000 payable* rtct the
District Treasurer, is required, z ,
with
the
check
for
;
minnesota/"'!;;/;*
Eveleth School Distribt',
Certificate
emergency
Sale
tax
tificates offered
p.
1856—were
3y4%.
Due
MiririJ
The
$18,560
anticipation cer¬
May 3—v. 167,
purchased by the
on
.
Fjrst National
as
—
Bank' bf
.
RVe^eth,
Dec,^1, 1948. * Thd
bidder
was
the Miners
gank^Eveleth at 3
-VU "■ J
•,:/stisU)ni«IteQ
C. Bal¬
Clerk,
supply
.
tional Bank of Boston.
as
Offering—Grace
City
Fractional
(P. O,
•"
No% J
Offerings
in
system
revenue
coupon bonds. Dated Dec. 1,1947.
Denomination $1,000. Due on Aug
1, as follows:. $3,000 in 1949 *and
1950; * $4,000 from 1951 to 1954;
$5,000 from 1955 to 1964; $6,000
from 1965 to 1974, and $7,000 from
1975 to 1977, all incl/
The bonds
will be subject to redemption' on
30 days'
published notice in a
newspaper
or publication circu¬
lated in the City of Detroit, which
carries as a part of its regular
service, notices of sale of munici¬
pal bonds, and in case of regis¬
tered
bonds, 30 days' notice by
registered mail to the registered
holders thereof, at the option of
the city, in inverse numerical orider, on any one or more interest
multiple of
a
redemption after
"Bond
:r^Iew Baltimore, Mich*}-ftp
water
fully registered
certificates. Principal and interest
(M-N) payable at the First Na¬
••
,4.<.
1946
name
Coupon bonds
exchanged
...
i
in
to
for
will receive
sealed bids until 8 p.m. (DST) on
May 10 for the purchase of $153,-
(DST)
the purchase of
Bidder
interest
of
May 27.
Due
May 15, from 1949
to 1973 inclusive.
Dated
i
on
1973 inclusive.
$10,000
rate
the
preference. Principal and interest
payable at the office of the Town
Treasurer. The approving opinion
$20,000
inclusive.
1, 1955, but on or prior
1957, $10. As to each
To wnship
Harbor Beach), Mich.
.
inclusive.
four,
a.m.
$200,000 sewer loans loan of
coupon bonds.
Dated May 1,
Denomination- $1,000, , Due
000 on May 1, from 1949 to
1, 1953, but on or
*
District
1,1957, $5.
Bond
Edward
Hayn, City Treasurer, will receive
sealed
1,
called
bond
...
*
Oct.
to
t
;
redemption
1955, $20. As to
bond called for redemption
after Oct.
The next highest
Whiting,
was
for
prior to Oct. 1,
each
School
As to
prior to Oct. 1, 1953, $30. As
each bond called for redemp¬
to
National
Stubbs for II/4S. at 100.22.
called
bond
Sand Beach
and accrued interest
on or
as
the
at
ap¬
proved by Niles, Barton, Morrow
each
1948, due
1,
par
plus premiums as follows:
follows: $30,000 from
1949 to 1952 and $20,000 in 1953;
Principal and interest (M-N) pay¬
May 1,
on
maturity, The
legality of this issue will be
&
Dated
Bank of Boston.
rate shall be named for
1951, at
1948
on May 5 were pur¬
by Estabrook & Co., at
VAs, at a price of 100.45, a basis of
1.089%.
Oct. 1.
payment date on or after
mac¬
of
chased
able
mul¬
loan
bonds offered
be a
must
$140,000
sidewalk
and
adam
submitted;
are
tiple of Vs of 1%, but not
than
Sale—The
Bond
'
if. i'iu
■atath'zyq
:a •
Si
Volume 167
New
Number 4697
Vim, Minn, i
ders
'
•
- •
■
THE
COMMERCIAL
requested to designate in
are
pal airport bonds offered on May
4—v. 167, p. 1856—were purchased
rate,
not
or
by
ferent
Paul,
than
more
tiple
terest
bonds of the
payable J-J. The next high¬
est bidder was Shaugnessy & Co.,
for l%s, at 100.161.
Thief
Bond
River
bear
serially
1960
on
Interest
the State Auditor.
bonds
will
chaser
pay¬
on
able
June 1, 1948.
1,
from
1950
to
No.
Due serially on July
to .1959 inclusive.
Clerk
.
designated by
chaser.
the
First
until
8
p.m.
June 5 for the purchase
inter¬
/,'/
'
and
equipment
\
/,
until
7,30 p.m (CST)
for the purchase of
funding
bonds.
Dated
was
recently to the State National
Bank of Wayne, as 2M>s, at par.
$75,000
May 1, 1948. Denomination $1,000.
Wheeler County, County High
Due on March 1, as follows: $1,000
in 1949; $2,000 in 1950; $3,000 in //// School District (P. O. />/
Bartlett), Nib.
/j/
1951; $4,000 in 1952, and; $5,000
Bonds Sold
The $20,000 3%
from 1953 to 1965, all inclusive.
school auditorium bonds author¬
Principal and interest payable at
ized at the election held on April
d place to be designated by the
—
purchaser.
Bidders
.
13 have been sold.
requested
are
dated
to
designate in their bids the price
they will pay for bonds bearing
interest
wise
at
to
a
be
rate
rates
or
designated
1957, optional
payable' M-N.
like¬
in {their
shall
bear
same
interest
for
pay
the printing of the
bonds, the cost of validation^ and
the approving opinion of Charles
& Trauernicht, of St. Louis. De¬
livery of the bonds will be made
on
or before
July 11, 1948, at a
A
certified
check
follows:
June 1: from 1949 to 1953, incl.
bonds
offered
;
or
*
the
Bank
1
Mercantile
Trust
&
Northern
Co.
of
est
St.
Louis,
of
The ?
Dated
Interest payable
next h highest ; bidder
May
F-A.
was
the First National Bank,
Chicago;
Paine, Webber, Jackson & Curtis,
BlewerpHeitner & Glynn, jointly,
for $450,000 as l%s, and $350,000
as 2s, at a price of 100.407.
i
at
the
City
Treas¬
be
of
Bostons The
bonds
engraved under the su4
pervision of and authenticated as
to their
named
the
genuineness by the above
bank, who will certify that
legality
of
these
issues
has
been approved by Storey, Thorn-
Webster
Bond
Gfoves Sch. Dist., Mo.
Offering—Caroline
Bar-
rere,,Secretary of Board of Edu¬
cation, will receive sealed bids
until 8 p.m. (CST) on May 10 for
the purchase of $400,000 school
bonds.
Dated June 1, 1948.
De¬
nomination $1,000. Due on Feb, 1;
as
follows: $20,000 from 1953 to
,
.
1964, and $4G,00Q, from 1965 to
1968, all inclusive/Principal and
interest payable at-a bank to be
designated by the purchaser. Bid¬
National
must
specify in
1/20 of 1%,
or
which
Bank
Each
&
propo¬
multiple of
single rate of
a
a
the
bonds
are
to
The
the
City,
is
trict
Bond Sale—The
$528,000 school
offered on May 4—v. 167,
1857—were purchased by B, J.
Van Ingen & Co. of New
York,
p.
and
J. B. Hanauer & Co. of New¬
ark, jointly, as 2.70s, at a price of
100.38, a basis of 2.675%/ Dated
May 1. 1948. Due serially on May
1, from .1950 ,:to -1988 inclusive,
Principal and interest (M-N)"pay¬
at the Woodbridge National
Bank, Woodbridge. The next bid¬
able
der
was
Square Public Parking
District, Hempstead (P. O. /
Hempstead), N. Y.
Bond Offering — Hamilton S.
Gaddis, Town Clerk, will receive
sealed bids until 10:30
am. (DST)
May 18 for the purchase of
$150,000 not to exceed 4% inter¬
on
est
coupon
field
bonds
Boland,
Commerce Union
Saffin
&
Co.,
Bank, Nashville
and
/
Franklin
registered parking
or
bonds.
Dated
June
Denomination $1,000. Due
1,
1948.
on
June
follows: $10,000 from 1949
to 1953, and $5,000 from 1954 to
1973, all incl. Rate of interest to
1,
as
be in
multiples of V4
1%, and must be the
or
l/10th of
same for
all
of the bonds.
Principal and inter¬
(J-D) payable at the office Of
est
the-
Presiding
bonds
will
Supervisor.
be
delivered
The
on
or
about June
1, 1948, at the office
of Hawkins, Delafield &
Wood, of
New York City, or at such other
plaice as may be agreed with the
purchaser. The opinion of Haw¬
kins, Delafield & Wood/of New
York City, will be furnished to
MacBride, Milter & Co/ joint¬
opinion of ' Hawkins,■
the successful bidder. A certified
;& Wood, of New York ly, for $530,000 at 2.70s,- at 100.162/ check
for 2% of the amount of
City, will be furnished to the suc¬
bonds
bid
for, payable to the
NEW YORK
cessful bidder,
A certified check
town, is required/,
; ,/
for/ $960/ payable to the
City, is /:///'//'/ Auburn, N. Y/;//
required.:
• •
; ? ' '
Freeport, N. Y.
///// \ ////// '/'
Bond
Offering—J. A. Keller,
Bond Sale—The
$219,250 bonds
will
receive offered
.Guttenberg, N. J. '
'■ •//: City ; Comptroller,
on May 6—V.
167, p. 1969
Bond Sale—The
$35,000 emer¬ sealed bids until 11 a.m. (DST) —were
purchased by Roosevelt &
on
gency, housing bonds offered on
May 19 for the purchase of
Cross, and Hall & Co., both of
May 3—v. 167, p, 1741—-were pur¬ $693,000 not to exceed 5% in¬
New York/ jointly, as
2.10s, at a
chased by Boland, Sal'fin &
Co., terest coupon or registered bonds
price of 100.21, a basis of 3.07%,
of New York, as
2V4S, at a price divided as follows:
/ /
as follows:
/
of 100.214, a basis of 2.196%. Dated
$427,000 school/ series A bonds.
$150,000 water 1948 series E bonds.
May 1, 1948.
Due serially on
Due
on
May 1, as follows?
:/
Due serially on May 1, from
May 1, from 1949 to 1963, all in¬
$21,000 in 1949; $22,000 - from
1949 to 1968 inclusive.
/
clusive.
Principal /and
interest
1950 to 1961; $21,000 in 1962
69,250 general improvement
(M-N) payable at the Liberty Na¬ /,
and
1963, and $20,000 from
:
tional .Bank,
bonds, series C of 1948. Due
/ 1964 to 1968, all inclusive.
Guttenburg.
The
/
/ serially on May 1, from 1949
next
highest, bidder/was J. B.
219,000 street improvement
Delafield
,
-
/ / to 1958 inclusive.
/
/,;/.,
for ;<2,35s; /at '// / bonds. Due on May 1, as folDated May 1, 1948.
Principal
;/ lows: $19,000 in 1949; $20,000
and
interest (M-N)
from 1950 to 1954, and $25,000
payable at
Livingston Township (P.
from ,1955 to 1958-? ail indu^ the First Rational Bank & Trust
Livingston), N. J. •>
Co., Freeport.
The next highest
sive.
•■,■:/;/•/'*
y.
/ Bond Sale—The $190,000 sewer
bidder was Bacon, Stevenson &
;; 47,000 school, series B bonds. Due
assessment V (First
1947
series)
/
on May
/
1, as follows: $3,000 Co., for 2.20s, at 100.60.
bonds offered on May 3—v.
167, p.
from 1949 to 1961, and $4,000
1857—were
purchased by J. S.
Greenwood, Jasper, West Union
in 1962 and 1963, , all inclu-.
Rippel & Co. of Newark, as 1.70s, /
and Canisteo (Steuben County)
sive.
at
price of 100.146, a basis of
Andover (Allegany Caunty) /
.'•'// / '• /
1.67%.
Dated May -1, 1948. Due ;
/H>- Central Sch. Dist. No. I
1 \/
Berlin, Petersburg and Stephenserially on May 1, from 1949 to
/ (P. O. Greenwood),' " /
town
Central School District
1958
; /
/
New York
inclusive.;, Principal and in¬
No. 1 (P. O. Berlin), N. Y.
terest (M-N) payable at the Liv¬
Bond Offering—Devello Frank,
V'Bond Offering — Emily A
ingston-National Bank, Living¬
District Clerk, will receive sealed
Wager,; District Secretary, will
ston.
The next highest bidder was
bids until 2 p.m. (DST) on May
receive sealed bids until 11 a.m.
the National State Bank, Newark
13 for, the purchase of $27,730 hot
(DST) on May 14 for the pur¬
and Milliken & Pell,
to exceed 5% interest bus garage
jointly, for chase of
$155,000 not to exceed
l%s, at 100.178.///./;
bonds/ Dated May 1, 1948.
One
5% interest building' coupon or
bond for $739; four for $500 each,
t North
Plainfield School, District; registered bonds.
Dated May 1,
and others for $1,000. Due May 1,
1948. Denomination $1,000. Due on
/•/ '• .,/,///•/>New Jersey //
as follows: $2,739 in 1949; $2,500
Bond Sale—The $475,000 school Nov. 1, as follows: $4,000 from
from 1950 to 1953 inclusive, and
1948 to 1954; $5,000 from 1955 to
bonds offered on April 29—v.
167,
$3,000 from'1954 to 1958 inclu¬
p.
1857—were purchased by the 1965, and $6,000 from 1966 to 1977
all inclusive. / Principal and in¬ sive. Principal and interest (M-N)
Fidelity Union Trust Co. of New¬
terest (M-N) payable at the Ta- payable at the First National Bank
ark, taking $473,000 as 1.90s, at a
of Greenwood. Bidder to name a
conic Valley Bank, Berlin.
Rate
price;:of
100.5287, * a
basis
of
of interest to be in multiples of single rate of interest, expressed
1.8404%. Dated May X, 1948. Due
in a multiple of V4 or 1/10 of 1%.
serially< on/Feb. 1, from/1950 to V4 or 1/10 of 1%,/and must be A certified check for
$560, pay¬
the same for all of the bonds. The
1968 inclusive.
Principal and in¬
bonds will be delivered at New able to order of the district, is re¬
terest
(F-A)
payable
at
the
Legality to be approved
York City or at such other place quired.
Plainfield Trust Co., of Plainfield.
as may be agreed
with the pur¬ by Vandewater, Sykes & Heckler
The
next
highest
bidder
was
of New York City.
chaser about June 1, 1948. The ap¬
./•;_/
Harriman Ripley, & Co., Inc., and
opinion of Vandewater, v v .;
B. J. Van Ingen & Co., jointly, proving
Hamburg, N. Y. / /- r
Sykes & Heckler, of New York
for: $474,000 as 1.95s, at 100.30.
Bond Offering—Ray F. UeblackCity, will be furnished the pur¬
Village Clerk, will receive
Ocean County (P. O. Toms
chaser without cost.
A certified er,
Hanauer,
100.198.
&
://
-
Co.,
...
.
'-
.
..
,
,
,
■
.
'
chaser.
none
rates
Bids
of
of
the
are
to
be for all
bonds
interest
but
for
will be considered.
,
or
separate
each
;
issue
// ;
,,
.v;
/ Bond Offering—Mellen B. Ben¬
son,
Town Treasurer, will receive
bids until noon (DST) on
sealed
May 12 for the purchase of $42,500
land, buildings, sewer and high¬
way
equipment
bonds. -.Dated
May 1, 1949.
One bond for, $500,
River), N. J.
;/•/:/■/'
Bond
Sale—The $276,000 gen¬
improvement bonds offered
on May 5—v.
167, p. 1857—were
purchased by E. H. Rollins & Sons
of New York,-Butcher & Sherrerd
and
both
of
1.60s, at
of
Schmidt.
a
price of 100.149,
1.573%,
Due
to
serially
1958
Poole
&
Co.,
Philadelphia, jointly,
Dated
on
May
a
1,
as
basis
1948.
May 1, from 1949
Principal and
inclusive.
$1,000 each./ Due May 1,
as follows: $5,500 in
1949; $5,000
in 1950, and $4,000 from 1951 to
1958
Hanauer & Co. for 1.60s, at 100.10.
semi-annual
the
First
Principal
interest
National
and
payable
Bank
of
,;4/. / Manchester, N. H.
{Note Offering—Janae P. Bourne,
Ity Treasurer, will receive sealed
a.m.
(DST)
on
May
payable
at
the
First National Bank, Toms River.
The next highest bidder was J. B.
Passaic, N. J.
Bos¬
Legality to be approved by
Storey,
Thorndike,
Palmer
&
Dodge of Boston. ;.•//•
//
/.
bids until 11
(M-N)
at
ton.
,
$3,100 payable
District, is required.
City
Clerk,
will
sealed bids until 2 p.m.
/;'f Chittenango, N.
Bond
receive
(DST) on
May 18 for the purchase of $96,-
Offering—D.
rath,
Village
ceive
sealed
/./.
Y.
until
will re¬
11.
a.m
not; to
exceed
-
6%
(EST) on
May 11 for the purchase of $30,000
not to exceed
4%
interest
1948
or .{
bonds.
on
or
Oct.
follows: $2,000
from 1948 to 1952, and $1,000 from
1,
as
(J-D) payable at the Peoples Bank
Hamburg, or at the Bank of
Hamburg,
Hamburg.. Rate
of
interest
to
be
1/10
of
1%, and must be the
for
same
in
multiples of "^4
^11 of the bonds.,
1953 to 1957,
bonds
will
about
June
interest to
tiples of
%
be
bonds
or
will
1, at the
Delafield &
The
on
or
office
of
of
Wood
York
at
Wood, will be furnished the pur¬
in
1%
mul¬
and
delivered
New York City, or at
New
delivered
such other
1/10 of
be
Hawkins,
be
City, or at such other
place as may be agreed upon with
the
purchaser.
The
approving
opinion of Hawkins, Delafield &
stated
bids must be for all of the bonds.
The
of
of
and interest
inclusive.
Principal
(A-O) payable at the
State Bank of Chittenango.
Rate
water
June 1, 1948.
$1,000. 'Due $2,000
Dated
1, from 1949 to 1963 in¬
Principal and -interest
June
Due
011
registered
Denomination
clusive.
interest place as may be agreed with the
water system
coupon
or
regis¬ purchaser, about June -15. The
tered bonds. Dated June 1, 1948. approving ooinion of Vandewater,
Denomination
$1,000.
Due
on Sykes & Heckler of New York
0p0
seated bids until 3 p.m.
coupon
Wal-
Wells
Treasurer,
bids
the
to
(DST)/on May 18 for the pur¬
chase of $15,000 not to exceed 4%
interest coupon or registered gen¬
eral ; improvement
bonds. Dated
Oct. 1, 1947. Denomination $1,000.
of
Bond Offering—Arthur D. Bol¬
ton,
for
check
eral
interest
inclusive.
~
/
.
others
,
Vs
dike, Palmer & Dodge, of Boston,
copy of whose opinion will ac?
company the bonds when deliv¬
ered, without charge to the pur¬ v.;
a
-1959; $45,000 in 1960 and
1961? $55,000 in 1962; $58,000 from
1963 o to ! 1966,
and
$63,000
in
inclusive.
Bank
will
and
1967,b all
If .'1948.
payable
mut
Chi¬
Stix &
Co., and Reinholdt
& Gardner, both of St. Louis,'at
a price of 100.1257, a net interest
cost of 1.84277%, as follows: $145,000 as 4s,
maturing $27,000 on
Feb. 1, from 1949 to 1951; $29,000
in 1952; $35,000 in 1953, and $655,000 as l%s, maturing $35,000 in
1954> and 1955; $30,000 in
1956;
$35;000! in 1957; $40,000 in 1958
cago,
No bid for less
urer's office,. or at the option of
the holder at the National Shaw-
Commerce
Trust;) Co.
l/10th of 1%..
than par and accrued interest will
be accepted.'Principal and inter¬
on
May 5—v. 167, p. 1968—were pur¬
chased by a syndicate composed
of
1948. Denomina¬
tion $1,000.. Bidders to name the
rate of interest in multiples of V\
Bond Sale—The $800,000 public
improvement
;////////////V/ ■':>/
Dated June
/MI$SOURIVi{|gjgS|{
•
//
<'200,000 equipment and improveV; 't. ment bonds.
Due $40,000 on
//
Kirhwood, Mo. •/ /•/•
v
(J-D) ,payable at the
Paterson
interest
Principal
for
Township School Dis¬
(P. O. Wcodridge), N. J.
:
■p:' to 1958, incl.'
.for
$1,500 payable to the City, is re¬
quired. * : ;
/:/y'. "/■ // p//
.
//
///////■.///;
$230,000 signal system bonds. Due
$23,000 on June 1 f from 1949
place to be designated by the purr
chaser J
Interest
Bond Offering—Carl H. Foster,
City Treasurer, will receive seal¬
ed
bids, c/o the First National
Bank, Concord, until noon (DST)
on
May 12 for the purchase of
$430,000 coupon bonds divided as
same
rate, which shall be an even mul¬
tiple of l/& of 1 %/ The purchaser
will
1952.
'//•///.„///'
//////;/ Concord, N.
maturity
the
at
in
inclusive.
from
to
New
of
check
lage, is required.
-
are
Due May 1,
NEW HAMPSHIRE
bids; provided, however, that all
of the bonds of the
The bonds
May 1/1948.
$4,000
Wood
City, will be furnished to the pur¬
without cost. ' A certified
eheck for $300 payable to the Vil¬
chaser
*
Paving District-. NOi> 15 bonds
sold
1963
&
certified
53
,
'
„
Wayne, Neb..
May 11
I860,' and
A
Woodridge
receive
(DST)'
purchase of
the
Trust Co., Paterson.
District
bear. =
construction
for
and interest
Bonds Sold—An issue of $13,500
•
to
sealed
on
18
to
1961
NEBRASKA
Oxford, Miss. /r///v/.,
Offering — J. W. RothCity
Clerk, will receive
bids
1949
;
bids
will
1948. Denomination $1,000. Due on
June 1, as. follows: $3,000 from
Enclose
,
Bond
on
the
at
Clerk,
William A.
$48,COO not to exceed 6% interest
water system of 1948 coupon or
registered bonds.
Dated June 1,
of
bonds.
sealed
made
—
a multiple of
Va or
The opinion of Haw¬
$1,920, payable
required.
./
bids until 8.30 p.m.
May
on
(P. O. Olney), Mont.
Offering—Evelyn Cusick,
Board of Trustees, will
Bond
est
"y
child,
be
Offering
City
sealed
sal
J •••/-/ MISSISSIPPI
-
will
Bond
Miller,
58
(MST)
^
/•
City, will be furnished the
i
pur¬
of $8,900 not to exceed 6%
pur¬
/////////;;//';'
the
to
the,.District.
receive
pay¬
able at any suitable bank or trust
company
Delafield
interest in
1/20 of 1%.
purchaser.
Clifton, N. J.
Delivery of the
made
Flathead County School
Dated
Principal and interest (J-J)
kins,
York
://:■>',.
NEW JERSEY
MONTANA
on April 28—v. 167,:
1741—were purchased by Kal¬
St." Paul.
of
of
legal
certified check for $4,000, pay¬
a
bonds offered
of
tional Bank & Trust Co., Paterson;
Each bid must state a single rate
all bid.
all
before June
of the purchaser.
expense
West St. Paul, Minn.
Co.
be
or
elsewhere
Bond Sale—The $40,000 perma¬
nent improvement revolving fund
&
genuineness
and validity by
bank, under the ad¬
Ropes, Gray, Best Coolidge & Rugg, of Boston.
The
right is reserved to reject any or
rate.
same
as
$7,000
as follows:
$5,000 from.
1952; $6,000 in 1953/ and
from 1954 to 1963 inclu¬
vice
20, 1948,
in the City of St. Louis, without
cost to the purchaser./ Delivery
-
man
the
at
that
Authenticated
1/
to
above named
maturity shall
same
interest
and
to
Louis, and will pay for the
printing of the bonds and the
registration fee at the office of
able J-J.
p.
1%,
(2077)
payable at the First Paterson Na¬
1949
of St.
July 1, from 1951
inclusive.
of
//
sive.; Principal and interest (J-D)
June
opinion of Charles & Trauernicht
Falls, Minn.
$250,000 elec¬
Sale—The
light and power plant bonds
offered on April 30—v.
167, p.
1637—were purchased by Kalman
& Co., of Minneapolis and Asso¬
ciates, as 2s.
Dated July 1, 1948.
Due
i/s
The District will furnish the
tric
to
rates, likewise to be des¬
in their -bids;'provided,
of
v
Bank of Boston.
however, that each interest rate so
designated shall be an even mul¬
1, from 1951 to 1963 inclusive. In¬
■
for the purchase at discount
$500,000 tax anticipation notes.
Dated May'
11/1948, and payable
Dec. 8, 1948, at the First National
dif¬
two
CHRONICLE
11
ignated
Manheimer-Egan, Inc., of St.
as
1.70s,
at
a
price of
100.359, a basis of 1.655%; Dated
May 1, 1948.
Due serially on Jan.
FINANCIAL
of
their bids the price they will pay
for bonds bearing interest at a
Bond Sale—The $65,000 munici¬
&
chaser without cost.
check
for
2%
bonds bid for,
A' ? certified
of the amount
of
payable to the Vil¬
lage, is required.
54
(2078)
THE
Harrietstown
Common
No.
at
$85,000 build¬
Marine Trust
Co. of Buffalo,
price of 100.275, a
2.22%.
Dated April 1,
21/4s,
basis
at
of
1948.
a
Due
serially
April
on
1,
from 1949 to 1968 inclusive. Prin¬
cipal and interest (A-O) payable
at the Adirondack National Bank
&
Trust Co., Saranac Lake.
The
next highest
bidder was R. D.
White & Co., for 2.30s, at 100.25.
Larchmont,
Bond
Sale
N.
Y.
Bond
ment
purchased
were
by
1952
the
Plains,
inclusive.
as
Interest
'
pay¬
<
Hammond, Oswegatchie, Macomb and Despeyster, Central Sch. Dist.,
New York
-
will
Offering
Sealed
—
received
be
at
Citizens
the
at
bids
National Bank, of Hammond, until
leigh, until 11
interest payable semi-annually at
the
Citizens
National
Bank
of
Easter-
receive
office
in
Ra¬
(EST)
a.m.
on
May
11 for the
purchase of $425,000 not
6% interest municipal
improvement bonds. Dated June
1, 1948. Denomination $1,000. Due
on June 1, as follows:
$8,000 from
to
exceed
1951
to
1959; $15,000 from 1960
1964; $18,000 in 1965, and $20,000 from 1966 to 1978, all inch
to
County (P. O. Lillington),
'
North
Carolina
Offering—W.
E.
Easter-
ling, Secretary of Local Govern¬
Commission,
will
receive
ment
bids
sealed
his
at
office
in
Ra¬
leigh, until 11 a.m. (EST) on May
11 for the purchase of $308,000 not
to
exceed
6%
interest
school
. Denomination
May 1, as follows:
$2,000 in 1950 and 1951; $5,000 in
1952; $11,000 in 1953; $8,000 in
1954; $21,000 from 1955 to 1957;
Due
Scotland
County (P. O.
'</
Laurinburp), N. C.
,
Bond Offering—W, E. Easterling, Secretary of Local Govern¬
ment
Commission,
sealed
bids
at
will
his
receive
office
in
Ra¬
leigh, until 11 a.m. (EST) on May
Hammond. Rate of interest to be
11 for the purchase of $454,000 not
in multiples of 1/10 of 1%, and
to
exceed
6%
interest
school
must
the
be
all
for
same
of
the
No approving opinion will
A certified check
bonds.
furnished.
be
for 2%
of the
payable
quired.
amount of bonds,
the
to
District,
w
is
New York (State of)
Note
State
Call—Frank
Comptroller,
$100,000,000
re¬
V
C.
building
May
000.
:■
Surry County (P, O,
thai
Bond Sale—The $400,000
bid
bonds
date
of
Defiance
school
A
i
k'
j
war
Jan.
June
payable
6,
Township Local School
ter
district
bonds.
Due
Chicafo,
1, 1948.
214 s.
as
Dated
May
Due serially on Sept.
from 1949 to
1,
1968 inclusive. Prin¬
cipal and interest (M-S)
north dakota
Defiance.
der
J.
was
cinnati
for 2!/2S.
Galion
from 1954
to
1968, all incl.
Wahpeton, N. Dak.
Bond Offering—H. T. Hintgen,
City Auditor, will receive sealed
follows:
to
bids until 8 p.m. (CST) on June 7
for the purchase of $10,000 not to
exceed
3%
interest fire truck
1951;
1954;
1957;
1961, and $15,000. from
to 1968, all incl.
to
purchase
300,000
Carle
trict
.
70,000
dis¬
Due June 1,
$12,000 from 1949
$14,000 from 1952
$15,000 from 1955
$18,0C0 from 1958
Westbury
; lows:
'
water
bonds.
bonds.
,
Place
Due
on
$3,000
as
to
to
1962
Sale—The
bonds
May 4—v. 167,
p.
by the
price of 100.285,
Bond
District,
E.
Shank,
Schools, will
of
bids
(EST)
Ohio
Offering—M.
Superintendent
sealed
until,/
100.688,
June
noon
May 20 for the purchase
$615,000 construction coupon
of
bonds.
Dated
June
1970, incl.
terest
1948. De¬
Due
$13,000
1,
These
are
on
May 1, from
on
Union
1.60s, at
a
basils of 1.542%.
Dated May 1, 1948.
on
A
the
the city,
Sale—The
,
,
/;
$70,000 incin¬
May 3—
167, p. 1857—were purchased
by the Ohio Co. of Columbus, as
on
IV2S, at
price of 100.078, a
of 1.481%.
Dated May 1,
Due serially on Nov. 1, from
to 1955 inclusive.
Interest
a
able M-N.
The next
basis
1948.
authorized
highest bid¬
der was
for
Due serially
Ryan, Sutherland & Co.,
l%s, at 100.79.
' /V^ -
tional Bank & Trust Co., Ossin¬
Bedford, Ohio
^
Offering — F. B. Morris,
Director of
Finance, will receive
sealed bids until noon (EST) on
May 17 for the purchase of $95,000
ing.
2%
1949 to
.
clusive.
;
Principal
and
1958 in¬
Bond
interest
(M-N) payable at the First Na¬
The next highest bidder
the First National Bank
Co., Ossining, for ,1.60s,
was
& Trust
at 100.21.
sewage
disposal
works
re¬
funding series No. 1 of 1948 bonds.
Dated May 1, 1948.
Denomination
$1,000. Due on Oct. 1, as follows:
from
1,
on
1949
to
Principal and in¬
(J-D) payable at the Dollar
Savings&;TrusyCp,.,Y0ungstown.
The next
highest bidder
Hal-
was
Stuart & Co., Lehman Bros;,
Phelps, Fenn & Co., Eldredge &
sey,
the
the
at
.
-:
o klahom
Mansfield,' Ohio
.
Bond
enue
Sale—The $1,200,000 rpv-v
bonds offered on-May 4—v.
Axapaho
y
Bond
167, p. 1858—were purchased By a
syndicate
composed
of
Braun,
& Co., Inc., Stranahan,
Co., Inc., Ryan, Suther¬
land & Co., both of Toledo, Ohio
Co. of Columbus, and Fox, Reusch
& Co., of Cincinnati, as 2%s, at
100.58,
a ' net i interest
cost - of
$13,000
from
1970
to
in
or
all
on
15, 1973; and at
par
purchased
an
-
issue
of
June
1,
1948.
Due as. follows:
$12,000 June and $11,000 Dec. 1,
in 1949 and
1950; $12,000 June
and Dec/1, in 1951 and
1952; $13,000
1953
June
and
and
$12,000
Dec.
1, in
1954; $13,000 June and
furniture
March
on
■,:(
9
bonds
were
pur¬
'
Pauls Valley, Okla.
Rejected — All bids
ceived
for
$350,000
the
water
1
Clackamas
No.
County School District]
(P. O. Lake Grope),
Oregon
106
Bond Sale—The $110,000 school
offered on April 30 were
bonds
purchased
by
Portland.
Blyth
&
Co.
pf:
-/f /:
Grants
Pass, Ore.
Bonds Sold-^-An issue of
$70,000
City bonds was sold recently 'to
.
Blyth & Co., of Portland,
at 100.13.
as
2y4sJ
*'v
,
Junction
City, Ore.
Bond Sales—The $298,000 sewer
bonds offered
on May 3—v.
167,
1640—were purchased by the
First National Bank, and
Fordyce
& Co., both of Portland,
jointly,
p.
as 4s.
Dated May 1, 1948.
Dye
serially on Jan. 1, from 1950 to
1971, all inclusive. Principal and
interest (J-J) payable at the City
,
Treasurer's office./The award of
said
bonds
is
subject to
receipt
Of construction bids.
'
Oregon (State of)
'
Bond
■
Offering—W\ F* Gaarehstroom, Director of Veterans Af¬
fairs, will receive sealed bids un¬
10 a.m. (PST) on May 25 for
the purchase of $1,000,000 not to
exceed 2 % coupon Veterans' wel¬
fare
bonds/'/ Dated July 1, 1948.
Denomination not less than $1,000
eaqh/Zas/the suceesgfulbiddeifihay
specify.,; Due Oct. 1, 1958, subject
to
optional
State,
redemption ; by the
numerical' order or in
in
their entirety, on Oct. 1, 1953, and
interest payment date
upon
30 days'. prior
published notice pf iproposed re¬
upon
any
thereafter
demption.
Rate of -interest to be
in
bid, is required.
repair;-and
Bids
T
multiples of
of 1 %-"'* The
bonds will be delivered complete,
without
cost
to
the
successful
bidder, at Salem, or at such bank-?
ing institution in Portland, as the
bidder shall name./ Each
bjdder
is. requested to include in his
bid
effective
cqst/and
basedupon
interest
aggregate
cost; that the State will
successful
bidder
The
pay.
be
Will
fur¬
nished with the .unqualified legal
opinion
of
Winfree; McCulloch,
Sayre of Portland, ap^
proving the validity of the bonds.
Principal and interest (A-O) pay¬
Shuler
&
re¬
able
of
the
fice/
bonds
of¬
of the par value of the
purchase
works
rate
interest
at the State. Treasurer's of¬
A-certified check
for
3%
bonds, payfered on May 3—v. 167, p. 1970— abje/io the Director of Veteran's
were rejected.
Affairs, is, required/
;
'
"J
»
Prypr Creek School District, Okla.
Bond Sale — The $16,000 site
purchase
construction
and
Tulsa,
:
Okla.
Bond' Offering
;
Maxwell
S.
—
Smith, City Auditor, will receive
sealed
bids
June
on
$9,793,000
lows:
until
for
1,
a.m.
(CST)
purchase of
divided as fol¬
bonds
03.
10
the
%'
'
'
$5,250,000.) water
'
'
Due
works
im-
series A bonds.
July 1, as follows:
on
V.! $225,000
,
/
from
1950
to
1972,
and $75,000 in 1973.
340,000 sanitary
sewer,
series A
;
w! bonds.
\
//.'
from
383.000
-
storm
<
Due
sewer,
on
lows:
series
A
July 1, as folfrom 1950 to
$20,000
1967, and $23,000 in 1968, all
.
\
:
Due $20,000 on July 1,
to 1967 inclusive.
1951
bonds.
-I inclusive.;:
^
V
Waukomis, Okla.
Bond
Offering—Paul F. Krie,
City Clerk, will receive sealed
bids until May 11 for the purchase
of $30,000 not to exceed 5% in¬
terest
water
works
Lane
system
im¬
County (P. O. Florence),*
_
Qregpn
T
:
/
r
:
Bond Sale—An issue of $85,000
bonds was purchased on
April 15 by Blyth & Co., of Port¬
land, at par, a net interest cost of
school
2.633%, as follows: $55,000 as 2*£s,
maturing $3,000 in 1950; $4 000 in
1951; $6,000 from 1952 to 1959,
and
$30,000
as
2%s; maturing
$6,000 from 1960 to 1964, all in¬
clusive.
fered
If provement,
v
District[jifpe Wfp".
Siuqlpw Sfhoojl
bond?
offered on May 4 were purchased
by the First National Bank, Pry4
or.
Due ;$2,000 on Jan. 1, fronj
19$2 to 1959 inclusive.
-
$400,000
municipal light plant improverment bonds, as 2y4s, at a
price of
100.036, a basis of 2.246%. Dated
in-
accrued
$5,50p |n 1957, all inclusive, <
f
Shelby, Ohio ■/ /.•.
Sale—Braun, Bosworth &
Co., Inc., and Field, Richards &
Co. of Cleveland,
jointly, recently
and
par
Okemah, as follows: $21,500 as?
2.45s-, maturing $6,000 froriii 1951
to 1953 and $3,500 in 1954; and
$20,000 as 2y2s, maturing $2,500 in
1954; $6,000 in 1955 and 1956 and
and accrued
/
Bond
be
City; and Okemah National Bank
if called
yV
will
of
interest thereafter.
circulation in the City.
pay
offered
1974,
Any such call
will be by the resolution of Coun¬
cil and 30 days' notice thereof will
be given to the Trustee and
pub¬
lished in a newspaper of
general
bonds
chased^' ;bjr the
-First National
Bank--& Trust Co.; of Oklahoma-
before Nov.
or
The
pond ;Sale~The $41,500 build¬
ing,
of par if called thereafter and
or)
or
before Nov. 15, 1968; plus a
par
inclusive.
$4 000 in 1957,
Cromwell School District, Okla.
.
;r
order, on May 15, 1958,
or on any interest
payment date
thereafter, plus a premium of 3%
of par if called on or before Nov.
15, 1963; plus a premium of 2%
of
and
of the amount
merical
1%
1956
ing to
15,
1958,
and
callable as a whole
in their inverse nu¬
of
to
teresL;;A;c6rtified; ehSc^ffor
are
part
on
of
awarded to the bidder offering the
lowest rate of interest and agree¬
Nov.
on
thereafter,
Allen,
May 11 for the pur¬
$22,000 transportation
equipment bonds. Due $3,000 from
1951
.
til
DistrictOkla J;
Offering—Claude
-
(CST)
chase
and $14,000 from 1975 to 1978, all
inclusive. Bonds of this issue ma?
turing
School
Clerk of Board of Education, will
receive sealed bids until XL a.m.
Harris &
1949
pay¬
serially
Co., Hemphill, Noyes & Co., E. H.
general
Rollins- & Sons, Ohio Co. of Co¬
election on Nov. 4, 1947. Principal
jCity ;; Bank,.
and interest payable at the First lumbus,;!;-National
National Bank, Galion. Approved Cleveland, Miller, Kenowef & Co.,
Mullaney, Wells & Co., and Chas.
as to legality by Squire, Sanders
& Dempsey, of Cleveland. : A cer¬ Ay Hinseh, ^ €q.,; jointly/'fon'2 Vis,?
tified check for $6,500 is required.
bonds
premium
Barberton, Ohio
Due
Dec.
1968 inclusive.
nomination
$1,000.
June, and $14,000 Dec. 1, 1949,
and $14,000 June and Dec. 1, from
1950 to
1948.
and
j
p.
oregon
basis of 2.1859%. Dated
a
'l,
June
on
thereafter and
1
Bond
street
offered
as
of
v.
Commerce
a
bid, payable to
required.
..
ohio
1
1857—were pur¬
Bank, of Nashville,
for ,-2%
erator bonds offered
$95,000
improvement
check
amount
water district
June 1, as fol-*
from
1949
to
Ossining, N. Y.
chased
certified
is
1970, and $4,000 in 1971.
Bond
bonds.
Due $1,000
May 1, from 1949 to 1958, incl.
167,
^
Merrill, Turben & Co., of Cleve¬
land,. Detmer & Co., of Chicago,
Pohl & Co., Seasongood &
Mayer
and Assel, Kreimer &
Co., all of
Cincinnati, as 2y4s, at a price of
•••• ; ' '"r
•
School
receive
1969;
*
Bond Sale—The $125,000 buildbonds offered on May 3—w.
ing
...
land Corp., all of
Cleveland, Mar¬
tin, Burns & Corbett, of Chicago,
payable
Co.,
The next highest bid¬
A. White & Co., Cin¬
at the State Bank of Defiance
fhe!
are
elections
April 27.
on
The
Stranahan, Harris & Co., Inc. of
Toledo, Field,:; Richards & Co.,
Fahey, Clark & Co., First Cleve¬
1960 to 1964; $12,000 from 1965 to
on
June 1, as follows:
$15,000
from 1949 to 1953, and $20,000
par.
—
the
at
Woodward School District, Oklp.
$2,700,000
District (P. O. Defiance), Ohio
building bonds offered on May 3
Bond Sale—The $100,000 build¬ —v. 167,
p. 1742—were purchased
ing bonds offered on May 1—v. by a syndicate composed of the
167, p. 1858—were purchased by Northern Trust Co., of Chicago,
Paine, Webber, Jackson & Curtis McDonald & Co., of Cleveland,
^ipkin^Fdr^-
wa¬
held
These
authorized
1970—were purchased by
R. J.
Edward, Inc., of Oklahoma
1 City, at a net interest cost of
2.463%.
.'■/!/-;!;
"•
Dist., Ohio
City Sch.
Bond •Sale
•
$375,Q00 Manhasset-Lakeville
1, 1953, at
Youngstown
bonus
notes, building bonds offered on May 4
1948, due Jan. 6, —v. 167, p. 1969—were purchased
1949 (being the whole amount pf by R. S. Dickson & Co., of Char¬
such issue) have been called for lotte, J. Lee Peeler & Co., of Dur?
2.677%. Dated June 1, 1948. -Due
redemption on May 21, 1948, in ham, and Vance Securities Corp.,
serially .on April and Oct.* 1, from
accordance
with 1 their
terms. of Greensboro, jointly, at par, a
1949 to 1962 inclusive.
Principal
Funds will be available on May net interest cost of 2.775%, as fol¬
and interest (A-O) payable-at the
21, for the payment of principal lows: $80,000 as 2%s, maturing
Mansfield Bank, Mansfield,
of said
notes
and
accrued in¬ $8,000 on April 1, from 1951 to
*
terest thereon from Jan. 6, ,1948 1955; $10,000 from 1956 'to 1959;
Norwood,
to May 21,1948, both inclusive, at $100,000 as 2V2S, maturing $10,000
Bonds Sold—An issue pf $20,the office of the Bank of Man¬ in i960; $15,000 from 196i to 1966;
000 incinerator repair bonds was
hattan Co., 40 Wall Street, New $140,000 as 2%s, maturing $15,000 sold
recently to the
York, N. Y., where notes should from 1967 to 1970; $20,000 from
St. Marys, Ohio >
be presented for redemption. In¬ 1971 to 1974, and $80,000 as 3s, /to//;/;
Bond Offering—Virgil Buljivan,
maturing $20,000 from
1975 to
terest ceases on date called.
1978, all inclusive. Dated April 1, City Auditor, will receive sealed ;
North Hempstead Water Districts 1948. Interest
payable (A-O) in bids until 2 p.m. (EST) on May
(P. O. Manhasset), N. Y.
New York City. The next highest 14 for the purchase of $300,000
pond Offering — Hartford N. bidder was the Provident Savings first mortgage sewerage system
Giinn, Town Supervisor, will re¬ Bank & Trust Co., Cincinnati, and disposal plant revenue bonds.
ceive sealed bids until 11 a.m. Breed & Harrison; Weil, Roth & Dated May 15, 1948.
Denominaf
(DST) on May 12 for the pur¬ Irving Co., Jiiran & Moody, and tion $1,000.
Due on Nov.' 15, as
follows: $4,000 in 1952 and 1953;
chase of $745,000 not to
^;ceed Oscar Burnett & Co., jointly, for
5% interest coupon or refa.otered
180,000 as 3s, and $220,000 as 2%s, $8,000 in 1954 and 1955; $10,000
from 1956 to 1959; $11,000 from
at 100.012.
bopds divided as follows:
dated
bonds
All of said bonds maturing on and
after Dec. 1, 1953, are callable on
de¬
Interest payable A-O.
provement bonds.
Dec. 1, in 1961 and 1962, and $16,000 June and $15,000 Dec.
1, 1963.
bid and
Bosworth
Dobson), N. C.
Moore,
announces
to
check for $950
City, is required.
to the
$8,000 from 1951 to
1954; $14,000
in 1955; $8,000 in 1956, and $20,000
from 1957 to 1976, all inch
"
of
amount of
interest
mul-
a
All bids must
*
Monday, May 10, 19481
Dec.
1, 1955; $14,000 June and
$13,000 Dec. 1, in 1956 and 1957;
$14,000 June and Dec. 1, in 1958
and 1959; $15,000 June and
$14,000
Dec.
1, 1960; $15,000 June and
1951, and
1962, all in¬
may bid for a
certified
coupon
bonds.
Dated
1948.; Denomination $1,~
on May
1, as follows: /?•; > U
1,
to
number
gross
livery.
Due
•
the
state
accrued
on
$17,000 from 1958 to 1968, and
$10,000 from 1969 to 1971, all inch
Bidders
for, the
Dated Nov. 1, 1947.
$1,000.
1949
CHRONICLE
1952 to
tipleaof V4 of 1%.
bonds.
coupon
FINANCIAL
different rate of interest in
of
Bond
10 a.m.
(DST) on May 20 for the
purchase of $50,000 not to exceed
5%
interest registered
building
bonds. Denomination $1,000. Due
$2,000 each year. Principal and
E.
will
his
building, series C
Morristown,
Bond
bids
Harnett
County
1.35s,
at a price of 100.025, a basis of
1.337%.
Dated June 1, 1948. Due
3,000 on June 1, from 1949 to
able J-D.
Commission,
sealed
$12,000 fire
apparatus bonds offered on May 3
Trust Co. of White
Offering—W.
from
clusive.
ling, Secretary of Local Govern-,
The
—
$6,000
&
$7,000 from
Fayetteville, N. C>
ing bonds offered on April 29—v.
167, p. 1857—were purchased by
the
north carolina
2, N. Y.
Sale—The
Bond
Sch. Dist.
COMMERCIAL
bids
These
are
March
on
15
the bonds of¬
for which
no
received. Interest pay¬
//.'
t> ; •
were
able J-J.
UmatiUa.prf;i % ' '■
Bond
Offering—Sealed bids will
be received by the City, Recorder
until 8 p.m.
(PST) on May - 1,7
for the purchase of/$32,000,. not
to
exceed
bonds.
May
5%"'
interest
-water
Dated
1,
May 1, 1948. jDue
follows: $2,000 from
as
1949 to 1958, and
$3,000 from 1959
1962, optional on May 1, .1955.
Principal and interest"(M-N) pay¬
to
able
fice.
at
the
The
City Treasurer's of¬
approving
opinion
of
Winfree,
McCulloch,' Shulet
fe
Sayre/of
Portland,
nished.
A
will be
certified
$1,000 is required.
check
fur¬
for
Volume 167
Number 4697
THE
pennsylvania
A spin wall
School
District,
until
Pa. •>■'
able
6:30
1, 1948.
$1,000.;; Due on
tion
1,
ta
State
in
a
multiple of Vi of 1%,
rate
to
.are
?
interest
of
which
est
payable M-N.
of
Pittsburgh, that the
and general ob¬
ligations of the District.
A cer¬
tified check for $1,000 payable to
the
;
Bond
•
Offering—W.
held
R.
t
the
.
—
issuance
American
State
Bank,
Yankton, jointly.
1947. Due serially
1963
to
1965
after
3
years
Dated
and
the
both
as
of
May
1,
inclusive.
1,
1,
on or
or
after Aug. 1, 1957,
prior to Feb.
on or after
from
of
■
$185,000 storm
Callable
date
Feb.
Feb.
follows:
May 1, from
on
after
prior to
from
;
issue.
i® Tennessee!f
highest bidder
Moore, Leonard. & Lynch, for
was
-;9'/;•
>,
1970, and $3,000 from 1971 to 1978,
Optional on any in¬
payment
date.
Principal
and interest
payable at the City
National
Bank,
Houston.
Ap¬
Dickson, Tenn.
Offering—H. C.
•2'/4S, at 100.743.:
V,. Bond
Liberty (P. O. McKeesport), Pa.
^. Bond Sale — The $20,000 water
i
sand.
of
sewer
1948 bonds offered
May 4—v. 167, p. 1971—were
purchased by the First National
iBank, of McKeesport, as 2s, at a
.jpn
price of 100.92,
f
000 not to exceed
4%
tural
interest
Dated
Bond
100.893./,
•
/
I
v
Bonds
held
Voted
—
At
an
election
April 27 the voters ap¬
proved .the issuance '■?of $250,000
on
water
and
light
plant
improve¬
ment bonds.
& Co, of
granted
$20,000
for
on
option to purchase the
road improvement bonds
an
which
no
Feb. 4.
J
bids
were
v
\
received
e'.Oi
SOUTH CAROLINA
j
*
Beaufort
County (P.
Beaufort), S. C.
as
2Y4S.
Dated
O.
'
<
July
1,
*.1947.
Due on July 1, as follows:
$2,000 from 1948 to 1961, and $3,from 1962 to 1965, all inclu¬
sive.
Principal and interest (J-J)
payable at the County Treasurer's
000
office.^ Approved as to legality by
Huger Sinkler, of Charleston. "
.
/ Hunter
;!;'
1
•t.,
1
ii
School
District
No.
Laurens County (P. O.
!'
/ Laurens),
Bond Sale—The
•
bonds bffered
S.
5,
,
C.
'
$250,000 school
May 4—v. 167,
p.
1859 — were purchased by a
syndicate composed of the Alester
G. Furman Co., of
Greenville, E.
H. Prihgle & Co., of Charleston,
arid A. M. Law
on
&
Co., of Spartan¬
burg,
at /a net interest cost of
'2.468%; Dated June 1, J948.
Due
„
serially
1968
on
June
inclusive.
1, from
1949
Principal and
to
in¬
terest payable at the Central HanOver Bank.& Trust
Co., New York
City.
SOUTH DAKOTA
Erwin Indep. Cons. Sch. Dist. No. 1
(P. O. Erwin), S. Dak.
1
Bond
ing
Sale —The
$21,000 fund¬
bonds
167, 'p.
in
to
inverse
30
upon
on
222
days'
May 1, 1958,
payment
date
385, shall
U
Bond
plus accrued interest and
a
premium for each bond so called
follows: $30 per bond called
May 1, 1958 to Nov. 1, 1965, $20
per bond called May 1,
1966 to
as
Nov.
and
1956; $1,000 from
1960; $3,000 from 1961 to
1966; $2,000 from 1967 to 1970,
and $3,000 from 1971 to
1974, all
Principal and interest
payable at the Capital National
Bank, Austin. Approved as to le¬
gality by Vinson* Elkins, Weems
& Francis of Houston.
offered on May 4—v.
1971—were purchased by
exceed
4%
interest
natural
gas
system revenue, series 1948 bonds.
Dated Jan. 1, 1948. Denom.
$1,000.
on
Jan.
1,
as
in
follows: $3,000
1952 and 1953;
1951; $4,000 in
$5,OCO in 1954 and 1955; $6,000 in
1956 and 1957; $7,000 in 1958 and
1959; $8,000 in 1960 and 1961; $9,000 in 1962 and
1963; $10,000 in
1964 and
1965; $11,000 from 1966
to 1968; $12,000 in 1969 and
1970;
$13,000 from; 1971 to 1973, and
$14,000 in .1974 and 1975.
Bonds
numbered
124
callable
inverse
in
to
225,
shall
be
numerical
or¬
der/upon 30 days' published no¬
tice on Jan. 1,
1958, or any inter¬
payment
date
thereafter,
at
plus accrued interest and a
premium for each bond so called
par
follows:
as
Jan.
per
$30
per
bond
called
1, 1958 to July 1, 1965, $15
bond called Jan. 1, 1966 to
4%
interest
Dated
water
works
Feb. 1, 1948.
Due
follows: $1,000 from
1951 to 1967, and
$58,000 in 1968,
all inclusive.
on
Feb. 1,
as
8
Marshfield.
Due
from date
and
Dated May
1, ,1948.
serially on March 1, in 1951
1952. Interest payable M-S.
Shorewood
of
School
District i
-
chase
by the Board of Trustees.
Bond
000
Sale
school
recently
and. C.
issue
bonds
by
N.
Dallas, jointly,
of $175,-
Co.,
33/4S.
both
r
,
Bond
Sale—The
bonds
election
held
of
April
350,000 Lake Bluff school
tion
bonds.
addi¬
Due
$16,000 in
'1957; $18,000 in 1958; $69,000
V
in 1959; $21,000 in 1960; $23,; 000 in 1961; $25,000 in
1962;
$28,000 in
1963; $30,000 in
1964; $32,000 in 1965; $35,000
fol¬
at
13
recreation
1968.
v
$732,000
authorized
on
gymnasium,
divid¬
Due
Texarkana School Districts, Texas
lowing
exceed
service
center
bonds.'
$50,000 from 1960 to 1966;
$34,000 in 1967, and $16,000 in
purchased
Rupe & Son,
&
as
to
not
and
was
Dallas
Burt
$796,000
interest coupon bonds
ed as foliowsr
$400,000
An
—
of
3%
Mineola Indep. School
District, /
Texas
the
were
purchased by the Central Invest¬
of Dallas:
/:•/v. bonds.
$400,000
332,000
/
,
Bond
Offering—o.
District
sealed
on
Secretary^
bids
until
R.
Hagler,
will
■
receive
10
(CST)
May 17 at the office of Knipp,
Poston &
"
Broady, 701-709 Citizens
Building, Houston, for
junior college
district
independent school dis-
9
s
vermont
/
Lyndonville,
i
Bond
Sale
—
The
Vt.
p.
1860—were
Moseley & Co., and E. H.
& Sons, both of
Boston,
jointly, as 13/4S, at a price of 100.231, a basis of 1.705%, Dated June
1, 1948.
Due serially on June 1,
the
.
No bids for less than
par and ac¬
crued interest.
Principal and in¬
terest (A-O) payable at the office
at the National Shawmut Bank of
of
Boston, for l%s, at
Guaranty
Tomball.
thorized
April
5.
Treasurer,
Bond
These
at
the
Bonds
or
State
are
at the
Bank
the bonds
election
held
cipal and interest
Boston.
was
au¬
also
free
of
chased recently by Barcus, Kin¬
dred & Co. of
Chicago and Ernest
L. Brown, Jr. of Houston,
jointly,
as
1,
SV2S
1948.
and
/
/
Clark
have
furnish
the National Shawmut
Bank,
100.15.
3%s.
Dated March
Due
$16,000 in
1949;
No.
County School District
(P. O.
Vancouver),
Wash.
First
as
National
$6,000 general
obligation bonds offered
13
$8,000 in 1949; $7,000 in 1950; $8.1951; $7,000 in 1952; $8,000
in 1953; $7,000 in
1954; $8,000 in
1955; $7,000 in 1956; $8,000 in
1957, and $7,000 in 1958. These are
on
interest.
Interest -payable
The District
private sale.
able
5%
to
of
the
the
A certified check
amount
bid,
pay¬
District Treasurer, is
required.
...
Sole
salesman.
Interest
J-D.
the right to
reject all bids and sell the bonds
reserves
.
April
Dated March 1, 1948. Due
serially on March 1, from 1950 to
M-S.
elec¬
April 6. The approv¬
on
ing opinion of Myles P. Talmadge,
of Denver, will be furnished. No
v.
inclusive.
$75,000 not
000 in
at par.
1961
Brown,
exceed 3%
interest construc¬
tion coupon bonds. Dated June
1,
1948. Due on June 1, as follows:
167, p. 1640 — were pur¬
chased by the State Finance Com¬
mittee, the only bidder, for 2^s,
—
Jay
22 for the purchase of
at
1V2S.
Booneville, Wash.
Sale—The
—
to
for
North
Bond
Offering
bids for less than
par and accrued
Bonds Sold—An issue of $600,000 school bonds was purchased
recently by the
Bank, of Seattle,
County School District
(P. O. Pine Bluffs),
W yoming
District Clerk, will receive sealed
bids until 10 a.m.
(MST) on May
tion held
37
,
the bonds authorized at the
WASHINGTON
on
ney-General of the State, and the
will
payable
The next highest bidder
of
approving
opinion
of
Knipp,
Poston
&
Broady of Houston and of Attor¬
Board
(J-D)
7
Btnd
S.
from 1949 to 1958 inclusive. Prin¬
the State
No.
May 4—v.
purchased by
right to redeem bonds
maturing after 5 years from date.
serves
Laramie
on
Rollins
and
$3,000
from 1953 to 1956, and
$17,000
*.
167,
offered
Due
WYOMING
$200,000 elec¬
bonds
improvement
bonds.
.in 1957 and 1958.
•!;
tric
F.
field
seating
the purchase of $150,000 not to ex¬
ceed
% interest school house
series 1948 bonds.
Dated April 1,
Denomination $1,000.
Due
$15,000 on April 1, from 1949 to
1958
inclusive.
The
Board / re¬
letic
trict bonds.
State Bank
1948.>
;
in 1966, and $53,000 in 1967.
46,000 high school addition ath¬
'
a.m.
1970, $5 per bond called charge, if
desired, approving opin¬
thereafter prior to
ion of eastern
maturity.
attorneys agreed on
with the purchaser.
A certified
Waynesboro, Tenn.
check for 2% of bid/is
Bond Offering — H. D.
required.
Bailey,
City Recorder, will receive sealed
Freeport, Texas.
bids; until 1 p.m. (CST) on May 18
Bond Sale—An issue of $500,000
for the purchase of
$75,000 not to general obligation bonds was
pur¬
bonds.
years
com¬
munity building bonds offered on
May 3—v. 167, p. 1860—were pur¬
chased by the Central State
Bank,
to
15
Wis.
Bond Sale—The
$4,000 3%
$14,000 in
1972
Payable
■
Cypress-Fairbanks Consolidated
Independent School District,
Harris County (P. O. v.
Houston), Texas
July 1,
exceed
Prairie Farm,
to
to
ment Co.
1,
Portland, Tenn.
r
Offering—T. R. Neal, City
Recorder, will receive sealed bids
until 1 p.m. (CST) on
May 21 for
the purchase
of $225,000 not to
est
.
1970;
$500.
.
inclusive.
1970, $10 per bond called
thereafter prior to maturity.
Due
to
Denomination
fol¬
as
as
;
No. 4, Wis.
Principal and interest £J' '
payable at the Central Han¬ 7*. Bond ^Offering — Richard D.
over Bank & Trust
Co.;New York Brown, * District Clerk, will re¬
City. The bonds will be sold sub¬ ceive sealed bids until 8 p,m.
ject to an election held on May (CST) on May 27 for the pur¬
was
.1955
15,
1949
bonds
■
D)
Sale—An issue of $50,000
inclusive; $2,000
June
from
21/2%
semi-annually.
Denomination
1955
$75,000
issue.
2
purchased recently by
Ernest L. Brown, Jr. of Houston.
Dated Jan. 1, 1948.
Due $1,000
from 1951 to 1954
1957
thereafter,
from
of
$50,000 park department bonds.
25,000 municipal building bonds.
1971; $15,000
1977, and $20,000 in
1978, call options appearing in all
41/4% water works and sewer sys¬
tem combination tax and revenue
bonds
on
$6,000
in
as
\'V(P> O. Chute), Texas
in
any
1,
Improvement District No.
chase
follows:
1954;
1959; $8,000
from 1960 to
1962; $9,000 from
1963
to
1966; $10,000 in 1967;
$11,000 in 1968 and 1969; $13,000
Bazoria County Water Control and
published
on
lows:
$7,000
maturities
numerical
or
1948.
Due
from
Bond
Bonds Sold—An issue of
$40,000
vhospital bonds was sold recently
to the Bank of
Yemassee, of Yemassee,
from
callable
at par
Option Granted—C. C. Collings
Philadelphia, have been
;
be
order,
interest
Township (P. O. Pine
Grove, R. D. No. 3), Pa. '
i
numbered
notice
Tremont
•
1966; $18,000 in 1967 and
1968; $19,000 in 1969; $20,000 in
1970 and
1971; $21,000 in 1972, and
$22,000 in 1973 to 1975.
Bonds
15,
$1,000.
Houston. '
and
Sharpsburg, Pa.
June
bids
be
received by the
Village
Clerk, until May 11 for the pur¬
$300,000 not to exceed 4% interest
school house coupon bonds.
Dated
■
Chute, Wis.
Offering — Sealed
Bond
will
bids until 7.30 p.m.
(CST)
May 15 for the purchase of
Bank/ Bay City.
Ap¬
to legality by Chapman
& Cutler, of
Chicago, and Vinson,
Elkins,
Weems
&
Francis, of
proved
bonds.
Little
sealed
on
&
WISCONSIN
\
Offering—W. W. Ballard,
Secretary, will receive
District
National
na¬
system" revenue, series
Dated May 1, 1948.
Denomination $1,000. Due on
May
1, as follows: $7,000 in 1951; $8,gas
1948
Feb.
>
of
Texas
1948.
Principal
and interest payable at the
First
a basis of 1,849%.
1, 1948. : Due serially
May 1, from 1950 to 1959 in-, 0Q0 in 1952; $9,000* in
1953; $10,elusive.
Principal and interest 000 in 1954; $11,000 in
1955; $12,! i(M-N) payable at the
First Na¬ 000 in 1956 and
1957; $13,000 in
tional Bank, of McKeesport. The 1958 and 1959; $14,000 in 1960 and
pext highest bidder was S. K. 1961; $15,000 in 1962 and
1963;
Cunningham & Co., for 2*4s, at $16,000 in 1964; $17,000 in 1965
Dated May
on
,
Thomp¬
Francis
Harlingen Indep. School District,
30,000 street improvement bonds.
;
Due $1,000 from 1949 to
1958,
$2,000 from 1959 to 1968, ai
;inclusive.
'. /:/
Town Recorder, will receive
sealed bids until 2 p.m.
(CST) on
May 24 for the purchase of $395,-
&
Masten
Co., and Thomas
Co., jointly, for $160,000 as 4s,
$640,000 as iV2S, and $200,000 as
l%s, at 100.017.
legality by Vinson,
Weems
Houston.
Due
,•
to
as
Elkins,
$10,000 from 1949 to 1953, ano
$9,000 from 1954 to 1968, all
inclusive.
;;, /■...^ \
Inc.;
&
proved
.
son,
A. E.
■'
•.<
bonds.
sewer
/^inclusive.
•
was
Halsey, Stuart & Co.,
Phelps, Fenn & Co., Blair & Co.,
Inc., Geo. B. Gibbons & Co.,
all inclusive.
.
next
der
to 1954;
$1,000 from
1962; $2,000 from 1963 to
terest
Pittsburgh, as 2V8s, at a price of
Principal f ; and 9 interest
(M-N)
35,000 fire station bonds.
100.002, a basis of 1.124%. Due
Due
payable at the City Treasurer's j ;
$1,000 from 1949 to 1953, and
^serially on May 1, from 1949 to
office./ * V ; •_/v.C'';;;/ '■J.
1967
inclusive.
Interest payable
fir $2,000 from 1954 to 1968, all
iVf-N.v. The
west virginia
1951
1955 to
Bay City, Texas
May 1—v. 167, p. 1859
purchased
by the First
Bank
or
or
Bonds Sold—An issue of
$250,000 bonds was purchased
recently
by Emerson, Roche & Dunn, of
Austin, as 2y2s, and 3Vis, divided
on
National
on
"i!®!;!®!texas
1
Sale—The $24,000 swim¬
ming pool and bath house bonds
offered
on
1, 1960.
Aug. 1, 1960, and
prior to maturity, $15.
ap¬
'
on
$20;
of
Yankton, S. Dak.
Dakota
tu. Bond Sale—The $60,000 general
^obligation bonds offered on May
'■■A
v.
157, p. 1971 — were pur¬
chased by Fauset, Steele & Co. of
election; and
an
Bond
—were
Bridgeville, Pa.
V
-At
—
$50,000
softening plant bonds. ?
water
Dripps,
ifor $400 is required.
Voted;
called
1951, and
1957, $30;
April 20 the voters
on
proved
Borough Secretary, will receive
(Sealed bids until May 24 for the
purchase of $20,000 general obli¬
gation bonds;
A certified check
Bonds
Bonds
-
Blawnox,Pa. / *>-?•>*,
V
bered 18 to 75, shall be
callable on
interest payment date prior to
Webster, S. Dak.
District, is required.
j
55
West Virginia (State
1954; $22,000 in 1955; $23,000
of)
Bond Sale—The
in 1956; $24,000 in
$1,000,000 road
1957; $25,000 in
bonds offered on May 4—v.
1958 and
1959; $27,000 in 1960;
167,
$28,000 in 1961; $30,000 in 1962; p. 1972 — were purchased by a
$31,000 in 1963; $33,000 in 1964; syndicate composed of the Chase
$34,000 in 1965, and $83,000 in National Bank, Blyth & Co., Kid¬
1966., Principal and interest pay¬ der, Peabody & Co., all of New
able at the First National
York, and the Charleston National
Bank,
Houston.
Approved as to legality Bank, of Charleston, at par, a net
by Chapman & Cutler, of Chi¬ interest cost of 1.60%, as follows:
$200,000 as 4s, maturing $40,000
cago and Vinson, Elkins, Weems
on Nov.
& Francis of Houston.
1, from 1948 to 1952, and
$800,000 as iy2S, maturing $40,000
Galveston County Water Control
on Now
1, from 1953 to 1972 in¬
and Improvement District No. 2
clusive.
The successful
syndicate
(P. O. Galveston), Texas
has been granted an
option, until
Bond Sale—An issue of
3 p.m.
(EST) on May 7 to pur¬
$50,000
4% water works and sewer
an
additional
system chase
$1,000,000
bonds was purchased
bonds at the same
price and rates.
recently by
Louis Pauls & Co. of Galveston. Dated Nov.
1, 1947. Interest pay¬
Dated Feb.
The next highest bid¬
1, 1948.
Due $500 able M-N.
any
April 20.
valid
are
(2079)
and
sealed bids until
May 17 for- the maturity but only on and after
purchase of $75,000 2% street im-: the dates specified above at par
provement bonds. Payable semi- and accrued interest to the date
of redemption
plus a premium for
annualy. These are the bonds au¬
thorized at the election held -on #ach bond so called as follows:
Registerable as to
only.
The
purchaser
Ruffin
bonds
,
Offering—Paul KrakourCity Auditor,
will
receive
ki,
bonds
jwill be furnished without charge
.the opinion of Burgwin, Churchill
&
li
Bond
bear.
principal
:
any
Feb. 1, 1957; bonds numbers 18 to
.55, shall be callable on or after
Feb. 1, 1960.
The bonds num¬
/
>.
on
to 75, shall be callable
on or after
Feb. 1, 1951; bonds numbers 56
to
65, shall be callable on or after
a
Inter¬
'/
Watertown, S. Dak.
specify
single
a
the
Bank, of Milbank, at
net interest cost of
3.95%.,
as
follows: $1,000 from 1949 to
1953,
$2,000 from 1954 to 1968, all
Each bid shall
-
Sale—An issue of $2,500,000
4%
auditorium
bonds
was
purchased recently by the Dako¬
and
inclusive.
CHRONICLE
interest payment date
for redemption at the
option of
the City in inverse
numerical or¬
der as follows: Bonds
numbers 66
Bond
Denomina¬
June
Marvin, S. Dak.
■
p.m.
(EST) on May 17 for the purchase
of $35,000 school
coupon bonds,
pated June
FINANCIAL
Community State Bank, of
Bonds numbers 18 to
75, matur¬ $18,000 in 1950; $19,000 in
Lake Preston, as 23/4s. Dated
1951;
May ing on Feb. 1, 1968, shall be call¬
$20,000 in 1952; $21,000 in 1953
1, 1948. Interest payable M-N.
Offering—Edgar L. Am¬
brose, District Secretary, will re¬
bids
&
the
'Bond
ceive* sealed
COMMERCIAL
payable
HELP WANTED
unlisted
prop,
Right
needs trader-
jman
may
all his profits. Box W 510,
mercial
25
Park
&
Financial
keep
Com¬
Chronicle,
Place. New York
8, N. Y.
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2080)
56
Monday, May 10, 1948
New Issue
'/r.
1
•
!.
i'i
a-
*" "* 'i
'.V* •Vr-"y--
r\v
•
§-/ ' :
i;
'-*V *'.?*>'
City of Chicago, Illinois
/.'' §
i-
//'?.§.§
^
>4'
£
/'"'j/V'''
'.§•.§"• ■•'§.§••' • §V§ ! ?.,' /§
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lH%!!andi2%%:3Bonii» §§
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•"•:■■ v
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••: • -.V.".§ :•.
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■».*. J
■
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laws
Interest exempt from Federal Income Taxes under present
..§;t
Legal Investment, in
opinion, for Savings Banks and Trust Funds in New York and Illinois
and for Savings Banks in Connecticut / 1 '
V.V
our
.■.
fk
•
the
(January 1 and July 1) payable at the office of the City Treasurer, Chicago, Illinois or at the office of
of the City of Chicago in New York, N. Y. Coupon bonds in the denomination of $1,000, registerable as to principal only.
Principal and semi-annual interest
Fiscal Agent
»:
i'"
•
-
authorized at elections by the voters of the
constitute direct general obligations of the City of • - - ;
Chicago, payable both principal and interest from ad valorem taxes to be levied upon all
taxable property within the City, without limitation as to rate or amount.
consists of fourteen separate loans for various municipal purposes
This offering
'
City of Chicago; In the opinion of counsel the bonds will
•
AMOUNTS, MATURITIES AND PRICES
(Accrued interest to be added)
^
.
.§§
-—r~;/'-
-
.
§. .'.§■ §§§
.
"
'
.
■'
1
$3,500,000 lVz% Bonds
sdnoBl
$2,000,000
•
Dated January 1, 1948
.
Dated July
Due January 1, 1958
»
1, 1945
Due January 1, 1956
"
Subject to redemption by lot $500,000 each year January 1,1950 to 1955 inclu¬
sive, or on any interest payment date thereafter, at par and accrued interest.
Subject to redemption in numerical order $200,000 each year January 1, 1949 to 1957
inclusive, or on any interest payment date thereafter, at par and accrued interest.
To Yield
tonal
To Yield
Optional
Amount
•
or
$200,000
1954
98%i;
200,000
1955
98>/g
1956
I.I/O70
1950
1.15
200,000
1951
1957
963/4
1958*
1952
1.45
200,000
1953
|
$ 200,000
991/2
500,000
1951
1952
1.45
January 1,
.;v§
/
To Yield
Due
Amount
•
ll"§§ 'r
§ ? §
\•*
as
/
Amount
1,125,000
1950
1,895,000
1951
1.10
1,795,000
1952
1.251
1,795,000
1953
1.40
1,910,000
1954
1.55
1,925,000
1955
1.65/
1,925,000
1956
1.75
1,850,000
1957
L85|i|
-m\
§
1963
2.25
1,850,000
1964
When,
as
TAe
2,800,000
1965
§2.35
905,000
1966
2.35
f
••
■■
•
i
'
t-.V.-V'.f
try
.
.
v
?» ."■•
L.*
•• 'v.
<'//•■
and if issued and received by
offering circular
y
!v:.\T
>
'•*;
'
Bankers Trust Company
•
'•
S v" '
'KVi:
'■
■
• • •
100
1952
1.60
1,500,000
1962
100
1953
1.80
-}§ 1,500,000
1963
99%
1,500,000
1954
1.90
1,500,000
1964
991/4-
1,500,000
1955 .2.00
1,500,000
1956
2.10
1,500,000
1,500,000
1957
2.15
1,500,000
1958
2.20
1,500,000 1967
1,500,000 : 1968*
-
8
'
§
■
V ;-/.■'
■'
•
-1." "-i'fc. .-A'■.'■T.C.i
•' ■ i *"}. V
.
.
c. •
.
.
•./. f •
The Illinois Company
"■ :'4-
-
Union Securities Corporation
:v-'
v3. V,-.
Salomon Bros. & Hutzler
Incorporated
R.W.Pressprich& Co.
The Milwaukee Company
Graham,Parsons & Co.
'/ •.#
V; 1
j
'i.;.?'•
:•.
Kean, Taylor & Co.
Alex.Brown & Sons
:■
■'V-
Geo.B. Gibbons & Company
Stern Brothers & Co.
Kansas City
Hayden, Miller & Co.
Cleveland
*
r)-r^.
Chicago
■
OF BUFFALO
Kansas City
The First National Bank
Ellis & Co.
-
Whiting, Weeks & Stubbs
'-V'/
.
'■
./
.
I
T''
».
' j
'.vi
I William Blair & Company
•
Kebbon, McCormick & Co.
:
Dean Witter & Co.
Chicago
Field, Richards & Co.
Cleveland
;
The First Cleveland Corp.
'
Hornblower & Weeks
'';
Martin,Burns & Corbett,Inc.
Watling, Lerchen & Co. § Hannahs, Ballin & Lee
Detroit
Cincinnati
Wheelock & Cummins
-'i ■''' Incorporated
<
Chicago
:
■
The Philadelphia National Bank
\
/J W. E. Hutton & Co.
Incorporated
Hirsch & Co.
Commerce Trust Company
.
'.V--'*
Bacon, Whipple & Co.
'■
•• .!
Harrhnan Ripley & Co.
§
First of Michigan Corporation
•.
Laurence M. Marks & Co. > Manufacturers and Traders Trust Co.
Detmer & Co.
'.
Schwabacher & Co.
y
First National Bank
■/!'■
Chas.E.Weigold & Co.
'.
'
'•
7'/:'y.//#".
Incorporated
Schoelikopf, Hutton & Pomeroy, Inc.
^
-i-<
'
OF PORTLAND, ORECON
'!■' -
■'
i'
The First National Bank
' i A. G. Becker & Co.
;
L. F. Rothschild & Co.
§
Incorporated
Eldredge & Co., Inc
■/ :v.
>>
Blyth & Co., Inc.
JH' ;Vv
„
.••
Allyn and Company
■ v-- ■
Merrill Lynch, Pierce, Fenner & Beane
Equitable Securities Corporation
-v
;
A. C.
Incorporated
Stifel,Nkolaus&Company
98% S
Illinois.
■ yy,.\ ..<■
'.•+* ./v. ...
Smith, Barney & Co.
/
-'."i.LC/'-1'
98l/2
(♦maturity)
•;§•••* i f->
••
■ „• v .• ....
h
//
98%'
legally offer these bonds in such State.
:
.■:?:*• .•'.V:-.'*.t.:
■'
'' '•'
1966
:;-;§
as may
§
1,500,000 §1965 3> 99
i
i :'V-;'
The National City Bank of New York
'
v
|:||
•
lazard Freres & Co.
.■;/
Paine, Webber, Jackson & Curtis
100
1961
state from only such of the undersigned,
•',* <•/
...
■
;; 'V
•.
Chemical Bank & Trust Company
•
L":
"
•
The Chase National Bank
,/•
1960
1,500,000
and subject to approval of legality by Messrs. Chapman and Cutler, Attorneys, Chicago,
any
Price
1,500,000
^||J
§§§|
§'t'
'.-V§- Vs* §§•■'.y.f"v.
^
••
us
be obtained in
may
or
2.20%
1,500,000
*
:
toOpt'l
Date
Date
1.40
111
:
2.30
r'
Optional
1,500,000
/; 1,850,000
§:v
To Yield
1 • 1
1951
1.00%
1950
|H
2.20
JV
•§
V
Amount
i 1,500,000
$$$
1962
.
,
V
1.20
1,500,000
2.15
r
/'§;
1959
| $1,500,000
2.10
1960
•{:■!■
,
\
2.05
-
v
-
Date
| $1,500,000
1
i.95%
i,85o,ooo;: 1961
:
Due January 1, 1968 -
Optional
1949
To Yield
1958
to
Date
Amount
'
j/\
1959
?
\
To Yield
shown below
& 1,850,000
.
98%
Subject to redemption in numerical order $1,500,000 each year January 1, 1949 to
1967 inclusive, or on any interest payment date thereafter, at par and actftjpd interest.
Due
§::■ 1,850,000"
98%
1956*
§$30,000,000 2lA% Bonds
',";
V
♦90% gt $1,850,000
LOO i1 §/
§'§ 1,850,OOO;:;
125,000". 1949
$
.
98%
1955
(♦maturity)
Optional
//;
1954
500,"000
%
'
and January 1, 1947
991/2
1.30
500,000
•
$31,000,000 Non-Callable V/2% Bonds
r
'
1953
500,000
L15%
Dated January 1, 1948
i
Price
f
$500,000
500,000
1950
$500,000
,
(♦maturity)
Dated July 1, 1945
'
96.
1.30
200,000
Date
Amount
■
97 m
200,000
1949
•;
Price
Dare
200,000
$200,000
Optional
Optional
Date
tc
Optional.
Amount
Price
:200,000
to
°r:
Amount
Optional
to
Date
Date
.
vf
The Robinson-Humphrey Company
F. S. Smithers & Co.
Cruttenden & Co.
Incorporated
Des Moines
John W. Clarke
7-
-
.
,
<.;
.
1
Incorporated
Chicago
G. C. Haas & Go.
"
Robert Hawkins & Co.
...
Juran & Moody
•
_
_
Rand & Co. : Sills, Minton & Company
Frank & Belden, Inc.
.
*
New York, N. Y., May 7,1948.
Statements, while not guaranteed, are based upon information which we believe to be reliable.
.....
Perrin, West & Winslow, Inc.
-
•
@FedFRASER