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A
ADM,
UBDABY
MONDAY
BUS.
r*AY 1 6 1949
Reg. U. S. Pat. Office
Volume
169
Number 4803
New
General
RAILROAD
Acme
<
Steel
Co.—Ruling
York, N. Y., Monday, May 16,/1949
INDUSTRIAL
-
INSURANCE
-
Stock Distribution—
on
MISCELLANEOUS
-
American Brake Shoe Co. (&
Subs.)—Earnings—
'
connection
In
with
announcement
the
that
the
would
company
Of
distribution
a
$10
New
be
York
not
Stock
quoted
tracts
and
made
that
share
Exchange on
said
ex
tificates delivered
,
15,
each
for
value,
par
held
record
of
23,
May
after
May
bills
6 directed that the common stock
until June 16, 1949; that all cer1949, in settlement of Exchange con¬
U.
23,
Stock and Bond
""'.
-
1877..
p.
\v>
.
.•
r ..■/'/ /
.
*:
:
•"
New York Stock
Aetna
j
>*'■: .President of
■
Proceeds
l
;
\
:
'
offices
In
the
for
Exchange
Cleveland
1
1
V
Alabama
Gas
-
■
:30 a.m,
Vk
/"
decision
a
mortgage
-
/ ;
(EDT).
announced
series A,
bonds,
corporation
authorizing
stockholder'
authorised
39,200
3
lease
exps.,
?cc.
Other
Total
:
$17,100,806 $16,901,795 $10,065,228
_
5,928,692
5,863,654
3,826,613
$11,038,141
224,598
126,996
$6,238,614
164,336
$11,396,712
—
drilling
$11,165,137
abandoned
Net
income
Earnings
—V.
$6,474,883
1,577,350
1,577,350
1,577,350
$3.14
$4.10
$2.07
,
373/
p.
$4,956,569
;—
share
per
169,
outstanding
work
$1,228,203;
____________
shares
-
Net
$3,257,629
50
estimated
of
$10,953;
assets,
normal
depreciation
$31,472;
normal
non-current
cost
American Barge Line Co.—Sells Bonds Privately—On
15, 1949 the company obtained an additional loan
$1,000,000 from Prudential Insurance Co. of America,
is
to
be
used
for
the
barges.
proceeds
be
of
65%
first
of
the
this
of
withdrawn
as
cost
preferred
loan
•
of
the
mortgage
deposited
were
towboats
and
be
with
trustee
a
purchased
are
equipment.
new
to
barges
This loan
and
the
on
secured
is
are
by
460;
allowed
is
to
over
after
Jan.
COMPARATIVE
placed
period of
a
dividends
pay
Accumulated
V
payable
in
the
on
14 Vi
of
excess
charges
of
net
its
CALENDAR
INCOME
STATEMENT
YEARS
revenues
sure
for
normal
facilities
Profit oh
Other
5,927,830
—
$438,081
$251,625
—
depreciation
_•
on
amortized
non-operating
T_
income
51,498
non-operating
Interest
and
debt
146.535
Income before Federal taxes
Provision for Federal taxes on
.is
of
however,
Chairman
continue
to
the
the
at
as
a
director
number
New
of
64,863
the cor¬
will
meeting
directors
publishers
Inc.,
15.—V.
169,
p.
$731,397
income—
255,929
the
from
on
a
proposal
maximum
present
share-
.
.
COUNTY, FLA.
3%%-4% Belleair Beach Causeway Revenue Bonds
$313,000
-
CONSOLIDATED
ASSETS—Cash
Bonds,
at
surrender
Iwfo-V. $40>353,>
gw.50,209;
in
materials
BALANCE
banks
and
values,
Federal
supplies,
at
AS
hand,
$96,000;
$1,202,284;
and
SHEET
on
AT
taxes
cost,
$1.05
DEC.
$1,141,725;
accounts
31,
Subs.)—Earnings
1949
1948
1947
1946
$2,798,522
$2,473,106
3,858,585
$1,760,439
3,858,585
$2 219 214
3,858,585
$0.73
$0.64
$0.46
■
—_
1 140 718
'
$1.95
<
is asking
of
The
its stockholders
stock
common
company
will
for
tenders
of
not
exceeding
within
accept
a
period of 30 days expiring
tenders .in the order of the lowest
The
tenders
conditions
stock
tive
asked
be
On
M.
preferred
stock.
acquired
company
Co., trustee
deceased,
Howell,
stock
common
with
The
a
but
at
$9
a
of
$6
market
common
non-cumula¬
stock
acquired
so
'
Continental
Illinois
National
testament of
under the
last will and
block of 76,200 shares of American
a
share.
It
expected
one
estate
beneficiary,
been
had
from
plan, when
stock, or
preferred
'
the
5
Trust
&
connection
retired.
May
Bank
in
for the exchange of common
for the outstanding 17,747 shares
cash,
non-redeemable
would
p.
are
warrant,
and
made,
was
to
unwilling
to
acquire
whom
to
sell
at
least
distribution
at
this
price
S.
Circulars
38100
V
income
excess
oAllen
refundable,
of
168
2426.
American
and
Light
Traction
&
Co.—To
Change Name—
Amend
Charter
V
The company has requested SEC authorization to amend its
to change its name and the par value and other
terms of its
The
of
of
name
said
Co.
the
charter
common
to
system is engaged.
The
value
par
be
would
company
be
more
,
of'
be
descriptive
changed
of
to American Natural
business In which the
the
•
Hs
authorized
changed from $25
to
no
common
stock
(4 000 000
without changing the
par,
shares)
aggregate
St. Louis Listed and Unlisted Securities
Edward D.Jones & Co.
99%
Available
&
Established
Upon
Request
Members
Compan y
*
New York Stock
BROAD
STREET
Telephone: HAnaver 2-2600
NEW
:■
YORK
Bell
4,
N,
Y.
Teletype: NY
market,
i
Exchange
Louis Stock Exchange
Chicago Stock Exch.
Chicago Bd. of Trade
,
30
1871
300 North 4th,St., St. Louis 2, Missouri
Savings
(less
Ice
100 000
of
3.30% to 4.00%
Price
1948
U.
receivable—trade
on
not in
797.
p.
Serial Bonds due 1955-1979
Priced to Yield
314,700
$1.51
-
$96,000
$481,000
$329,681
314,700
per
65 000
$114,231
shares
9.
would
1329.,
PINELLAS
$473,844
149,163
$475,468
Earnings
4
95,000
-
prices offered, but not in excess of $9 per share. If more than
23,800
/shares are offered, the company may in its discretion
purchase all
or
any part of the excess.
Gas
vote
$168,000—4% S. F. Bonds due July 1, 1980
n
of
Chicago.
and
York
annual
of
Publications,
Ridder
of
in
Commerce
stockholders
4,019
income-
on
to
1948
$4,020,754
161,000
89,134
120,609
expenses-
expense-!
agreed,
$547,732
7,001
-
Ridder
increase
nine
—
stock.
Journal
The
1949
$3,819,178
209,231
.
/
other work.
Holder
;
,
tax
income
company
shares
P.
155,475
$859,007
Other
Mr.
; Mr.
to
47,720
226,671
___________
disposal of equipment—
of
Co.—Earnings—
taxes—
Shares—
The
23,800
shares,
poration.
•
the
Net operating income
Credit
$6,179,455
8,665,850
"
_____
1947
$9,103,931
;
expenses
Chairman—
Be
Hess, President, on May 10 stated that Joseph E. Ridder,
publisher and industrialist, probably would be named Chairman at a
stockholders' meeting to be held on May 26.
Mr. Hess said Mr. Ridder, if elected, would succeed E. Perry Holder,
who said he is unable to continue as Chairman because of the pres¬
earnings
1948
Operating
Operating
Corp.—Ridder May
Directorate to Be Increased—
Donald
169
deducting depreciation, interest, other charges and provisions
and foreign taxes based on income.—V,
168, p, 2426,
Thomas
Bosch
hgd
Department.—V
American lee Co.—Offers to Repurchase
23,800 Com¬
mon
purchase
$186,620;
American
1948.'-
l,
CONSOLIDATED
FOR
1949,
Treasury
Federal
June
towboats
years
70%
;
$5,908,123;
insurance claims
and prepaid expenses, $167,221;
a
and barges
beginning July 15,
1950, and bear3 interest at the rate of 3'/2% per annum.
This mort-gage contains the same restriction on dividends as the first preferred
mortgage
on
other equipment,
namely,
that
the
company
is
not
purchased,
«■
$2,803,500;
31,
for
earnings
or
(par $5), $1,573,500;
basis
company's
invest¬
money
mortgage,
instalments due after
deferred
income,
$261,166;
capital
stock
paid-in surplus, $102,264; earned surplus, $3,669,total, $10,445,011.—V. 168, p. 2317.
1950,
Dec.
The
to
the
in
—
169,
'After
purchase money mortgage due in 1949, $24,080; first preferred mortgage
3»/2% bond, maturing in nine equal annual amounts beginning Feb. l,
purchase of towboats and
•••'w
•
Com.-shares outstanding
Earns, per com, share.
loan, $200,000;
accounts and wages payable,
$923,337; interest payable, $46,072; reserve for Federal income taxes.
$261,500; reserve for other taxes, $82,012; .instalment on first preferred
mortgage
3%%
bond
due
Feb,
1,
1949, $311,500;
instalments on
Jan.
served
:
3 Mos. End. Mar. 31—
$10,445,011.
total,
v
$3,075,827),
of
deferred
15,377,488
_
profit
•Net
receivables, $55,112; plant, property and equipment (after
for normal depreciation and reserve for amortization in excess
pending,
•
lower
at
current
—
American Home Products Corp. (&
LIABILITIES—Bank
'which
——
earnings before
-V.
50
—
process,
other
par)—_____
no
10,707,277
—______15,039,433
—
Net
and
reserve
of
in
$353,656;
6,000,000
382,122
19,639,600
16,377,488
10,706,830
14,267,037
382,122
19,654,500
-
$77,809,801 $76,670,032
Provision
*
of
(995,563 shares
American Colortype
«
market,
par)
($100
3 Months Ended March 31—
49
Federal Reserve System
ments
Capital
stock
stock
1217.
Sales
Capital Flotations for Month of April, 1949____3
Auction Sale
50
3,145,321
5,000,000
—
Kenn^iF*
for
4,690,254
I
Donald C. Sheldon has been elected Assistant Treasurer and
Anderson
has
been
elected Assistant
Secretary.
Both men
p.
$6,402,950
6,440,143
6,244,301
8,052,654
3,194,364
Total
A.
and
and expired
$2,000,000
taxes..
Two New Officials Elected—
Rates
Reserve Banks
deprec., dcple. and
develop, costs,
leases
'<
'
$2,000,000
,
/.
preferred
surplus
'
;•
35^370,349
6,454,617
—
income
surplus
Condition Statement of Member Banks of *"
•/
________
intangible
" >;•
'.
.
1,993,684
../*
..
1
banks
to
Earned
Combined Condition Statement of Federal
$11,172,114
income —-—:
for
..
(
Exchange
Foreign
and
income
income
Provs.
f
-
rentals, taxes,
____________
Operating
.
,
1,072,836
accruals..
_!
Capital
__28
Investment News-Cover
State and City Bond Offerings58
The Course of Bank Clearings
47
1947
1948
1949
income-,geophysical, geological
4%
General Corporation &
Petroleum Corp. (& Subs.)—Earnings—
opp^ting
zdittin.
,
payable
Common
Redemption Calls and Sinking Fund Notices..49
Dividends Declared and Payable——...—50
Months^nded March 31—
Gross
-A
■
168, p. 2425.
shares.-y-
Oper.,
f
'
.
10 approved a proposal to reduce the
preferred stock to 38,400 shares from
May
W
cumulative
4y4%
Amerad?
V
■
'.I'
and
Canadian
previously
v
"
Inc.—Authorized Preferred Stock Reduced—
Aldens,
The
______4b
1,965,000
1,461,531
1,993,684
35,260,163
banks
payable
and
Notes
Miscellaneous Features
163'p-144L
,■
S.
12,900,730
17,670,086
1,965,000
'._L—
payable to
Reserves
to
■■
"I
\ ;
.
1971, subject to
due
U.
$5,697,347
——_____$77,809,801 $76,670,032
Accounts
National Quotation Industrial Stock Average_37
•
by the company at Room 1130, 90 Broad Street,
Dec. 31/48
....
and sundry assets—
Bucyrus-Erie Co. (less reserve).
in
Stock and Bond Averages (Dow, Jones)....1.37
$6,000,000
;
••••..'
The corporatior. is inviting .bids for the purchase from it of
£ due 1971.
'
t
/.'
,
Mar. 31/49
charges
assets
Notes
Exchange
Transactions New York Curb Exchange
SHEET
Treasury tax refund claims
LIABILITIES—
42
——
BALANCE
—
Total
—41
Transactions New York Stock Exchange...—28
V
a
-
S.
Fixed
--
43
Toronto Stock Exchange—Curb Section._____45
Corp.—Bids for Purchase of $6,000,000
-
U.
____42
Markets
totaled
$9,414,441
reserve).—11,759,093
;
15,955,889
(less
Inventories
.40
..40
Exchange-
Stock
quarter
'.4
Receivables
Montreal Curb Exchange..
Over-the-Counter
Bonds—
CONSOLIDATED
Investment
Toronto
$0.78
the
of
ASSETS—
Deferred
Stock
$976,006
$1.28
end
Cash,———.—.
40
San Francisco Stock Exchange
$1,466,722
taxes
amounts.
—39
__
—__
the
39
1
900,000
697,593
600,000
stock-, outstanding——^
common
38
Exchange
2,273,599
739,777
___
Canadian income
at
«•
.
.
—3,106.499
—
orders
39
Montreal
and
.38
—38
—
Pittsburgh Stock Exchange._.—
St. Louis Stock Exchange
jTrealsurer.
v'
of
Los Angeles Stock Exchange
Corwin, Secretary-
and David R.
share
Philadelphia-Baltimore Stock Exchange..
-
S.
taxes
$22,177,000 com¬
pared with $30,871,000 at the beginning of the year.
Shipments in
each of
the three months
exceeded
incoming orders by substantial
—____—33
Detroit Stock Exchange-
executive stalf
Vice-President;
Collinger and Mr. Yalem, the
includes F.
Bert
Baer,
Executive
Stock
U.
income
and
amortization
earnings
Unfilled
29
Exchange-
Chicago Stock Exchange
general
Mr.
company
Stock
Per
__I7
Cincinnati Stock Exchange—
future.
near
to
used
be
Charles H. Fendell, Vice-President;
A .\
„'w;
__
in
addition
the
of
,
will
loan
Curb
York
(Stocks)-,
and
1948
$29,957,451 $28,525,637
—
depreciation, amortization
Canadian
and
for
Net
Page;
.v
Exchange »(Bonds)
New
/Aetna, announced May 4.
the
Stock
Boston
corporate purposes,
another step in the over-all expansion policy of the company.
/ The company was founded 30 years ago by Charles H. Yalem, now
Chairman of the Board of Directors. Prom the first small office in St.
Louis, the company has grown until today-it ranks as one of the
largest finance companies in the United States. There are 41 branch
offices
in
cities
in
Louisiana, Ohio,
Michigan. Florida, Maryland,
Rhode Island, Minnesota, Colorado, Kentucky, Illinois and Iowa, V
V
Future plans for the company include the opening of several new
f
;
of
Exchange
New York
Finance
Co.,-St. Louis, Mo.-—Notes Sold Privately—The company has'arranged to sell $2,000,000 of
3Vz% eight-year sinking fund promissory notes to the
Mutual Life Insurance Co. of New York, Harry Collinger,
,
1
Prov.
be
•
'
Quotations
1949, must be accompanied by due-bills;
redeemed on June 20, 1949.—V. 169,
S.
before
Depreciation
1949
:
_
——
Earnings
May
16,
must
sales
Net
the
1949,
distribution
prior to June
all-due
1949 of one additional common share,
June
on
Quarters Ended March 31—
In This Issue
'
make
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
1-573
New
St.
York
Curb
Exchange Associate
Phone
OEntral
Bell
7600
Teletype
8L
593
.
•
.
■
•
.
1
'.
shown
capital
of
amount
2,768,050 shares of
addition,
charter
the
In
stock
cash
for
underwriters.
through
reduction
The
in
the
be
the common stock is said to
value of
par
of additional common stock financing from time to
future to supply equity raPitaL
*sa ,h
vni,IP
company may not
issue common stock at less than the par value
thereof, and the prevailing market price for its stock on the New
York Curb Exchange has been below $25 until
in
anticipation
gently
The
holders
proposed amendments are to be submitted
at a meeting scheduled for June 15, 19
authority
jequested
solicit
to
with
proxies
RIThAdl'commission has issued
order
JtfJvISTrS a nearing. v. 169,
16 to request a^hearing—V
_
-
administrative
and
General
expenses
95,840
Other
$38,571
39,462
$78,033
__
'of salesIZZZIIIIZZZZI
Provision
Federal
————
tax
income
.
Operating
profit
—
—
-Profit per share based on 350,000 shares outstdg.
.
—V.
:
"
169, p. 1002.
.
$157,430
$0.45
.
.
_
x
,,T
_
•
130,177
144,740
145,161
t$4,878
(net)———
Dr620
_
to'reserve'for
inventories—
income taxes '
...
_
,
•
:
t$29,714
■
"Earnings per common share-r-_
—_JL
—v. 168, p. 2678.
Co.—To Sell Kansas Gas Stk.
—
1?
•
not
Jo 450 Oo° shares
present holdings of common stock of Kansas G s &
P
Electric Co.
thJ
"which °shaSnabeSnit less than ^CO 00? shares
'Win^fb'v market ?onrHti^ns at th? time of sal7
mined by milrLt conditions it the tVe of sale.
<
'
[
*
$0,14
so.36^,.
,
tLoss.
-
$11,200,000
the
lor
such
sucn
amount _ln
aggregate
equal
Co.
ana
for
authorization
Florida
stock
of
equity
subsidiaries,
its
Pacific
'from
banks
the
in
Lignt
scheduled
has
SEC
hearing
for
at
later
a
subsidiaries
in
aaie.
required
are
sale
t
the
^
;
tqar.
n
p- 198j*
,
QWlrhnl/iprc'
Teleffiaph Pn
Co.—Stockholders
X--TAWranh
T«1p«liAnp
America11
Telephone
&
■'
Stockholders
record
of
the
at
business
of
close
'?nhtiSciQ S«^Crii!«:£?»w0<ry»orrr3»nt? ' evidencing
pSflunJw
20,
1959, and assignable wariants
if8'^ndt °iLdr
not used
if
is
debentures
The
on
May
6
rights
such
N!tori6'thSeSdaS5 The subscription
Th!i^ sScJfoSon
than date.
before
or
$100
each
for
principal
$100
pi
■
will
each
dated
-be
shares
6
of
thereof. /
amount
accrued
The
20,
1949,
and
will
interest
i
will
be
convertible
into
Sept.
stock
capital
■
/
in
the
instance
first
four
will
semi-annual
;
?n dVn?min^$lf°$°10ao^^^
registered torn
According
York
debentures
Trust
Co
Application
on
100
has
and
after
Aug.
1951
1,
made
to
laKo?e a0ndrwSLZonhestock
Stock
Baltimore and Washington
the
have
rights
the
COMPARATIVE EARNINGS
Pprind Fnri
Mar
3i
iqaq
UncoHecUblo
uncoliectibl,
oner
oper.
Tv/rnnih
$19^vro"pi3
rev^ues
r7v'
rev._
~
Operating revenues
Operating expenses
—
$
iqao
9
\
*
Net operating income.
,V
---
American Viscoqp
$3,680,765
$6,259,460
Co.
below—V
Neb.
the Securities and Exchange Com*
D. Bell, President, said in a letter
had potentialities
1
Dana
and
Financial
Seibert,
on
f$0.7b
^$1.39
t$1.28
shares.
^Based
618.218
on
(Reg.
William
D<
company
from
offer
to
15
shares outstanding;
■
Wise,
DeCamp
noted
President,
decline .in ftrffc
the
that
to
225
for the first "three weeks of the second quarter are below the same
'Period last year, but- noted that this is too short a time on which
to base a prediction of sales for the 13 weeks of the second quar* of.
."However,", he said, '.'there are definite indications that the com*
l)any's volume of business will drop below the 1943 level."—V. 169.
a
1 000
.
manufactured engines widely
In uniting these two
founded in 1934
of'15
range
*'
horsepower.
P- 1558.
"
-
*
-
*
.
'
' *
*
-
-
■
expects
company
of
P.
preferred
U.
and
Commission
into
enter
to
common
for
as
authority
to
.
7
shares.
Earned per com. share.
p.
p„
/
c,
.
,
Quarters End. Mar. 31—
^taxe^etc^fled®ral
1949
te
asked
shares
4,840
.
cargo
ship.
t$338 353
The
1
$163170
earnings
are
*
'1
'
*
194s]
1948
1947
$392,599
$502,000
$144,136
525,514
$0.74
525,514
$0.95
262,757
1949-
$362,791 '
' 525,514
*
$0.68
of
on May
four
Boeing
10 announced that final negotiations for Iho
Stratocruisers
from
Airtuieii
Scandinavian
Addition of the four airplanes^ brings to ten the total Bot i;,
-Stratocruisers now under construction for the British "Speedbhd
HceL The original six BOAC Stratocruisers were ordered m 19)6.
AU ten airplanes are to be delivered during 1949.
"
^e four new BOAC Stratocruisers will have Hamilton-Stand>1
_
propellers and modified instrument panels installed In Seattle piic-r
to delivery. SAS had specified different propellers and flight d -6
equipment from
,
that
originally
ordered
by
BOAC.—V.
169, p.
1986,
1946
1947
*$244 618
reported
$J 10
-
,
; which owned acapitalgain of $208,083 from the sale of
"Induding
a
$0 40
$0 16
System to m Seattle, Wash.
the British Overseas Airways Corp., were- just recently
concluded
—
-
($100
—
Company
transfer
the
.
1498
3^-134
Boeing Airplane Co.—Signs British Contract—
This
.
Smith
1879.
_,
'
S.
a
Bond Stores, Inc.—April Sales 34.8% Higher
$707
subsidiary
after provision
for income taxes of $199,570, of which $33,032 were foreign. tAfter
provision for income taxes of $199,328, of which $9,091 were foreign.
..-
Period End. Apr. 30-
Sa|f
r~Vl lbJ> p- lbbJ-
...
*
,
$8'809'724
«6,o34,071 $28,170,084 $25,137,.),
..
w
OA
(Continued On page o)
;
—
Patent Office)
Riggs, Business Manager.
(Telephone State 0613); 1
.
| MOTS;
jj
i'
On account of the fluctuations in
'
-w-r.-i
the rates
■;:#:(
■
-
•
«
r
(y
.
+
'
of exchange,
" -
*-.f
w
remittance for foreign subscriptions and advertisements must be made in New York funds.
•
,
■r'.
* *\
■
-
'(
■;
-
$323 781
IFederal taxes. ^Adjusted 1558.
to reflect 2-for-l ccm,
mon st0JC split-up in August, 1946.—V. 169, p.
'
g-x-i
Baiber Oil Corp. (& Subs.)—Earnings
V
136!o77 *
\
Quarter End. Mar. 31-
>
1 /- ;
with
company
issue
^
_
No- of common
$0.61
quarter
The
share
"Net profit
1948
625'a34
deate-nS^%
stocks.
1948
$514 441
'53,816
Bliss & Laughlin, Inc.—Earnings—'
/'
..
.
.
$0.55
largest' of any
aereement
an
__
"• l69' P* 1""5- -
•
•
^3003
Sales I°r
company's history.—V. 168, p. 2003.
.
" ■"*
per
1947
1949
$448 348
31—
-. -Alter deducting all charges. Including depletion, depreciation/ ac t
ol abandoned well and leaseholds, and estimated Federal income tare,,
$4 234 22?
—
income
'
«•
1949
7—-
Quarter Ended Mar
Gross
Earnings
$5 072 424
"
v".-•
-
«Net"
: ,:
;
'■;*
'
;
v
Bishop Oil Co.— Earnings—
-
....
—v- 169, p. 1443.
U.
'
$6,715,
505,6^. ^' *459
-
—
Chronicle
President;
*n*^
.
*S1^7^*3
$19,821,459 $20,702,854 $13,188,134
833.643
902,406
William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570. -Herbert D. Seibert, Editor and Publisher;
Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on MonaayJ.
tftne5
offices:
135 S. La Salle
St., Chicago 3, 111.
Drapers' Gardens, London, E. C., England, c/o Edwards & Smith.
Copyright 1949 by William B. Dana Company.
Reentered
| as second-class matter February 25, 1942, at the post oiiice at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of ranAmerican Union, $35.00 per
year; in Dominion of Canada, $38.00 per year.
Other Countries, $42.00 per year.
»
Commercial
William
.
to
company
i:,ar^ Preferred stock and 54,304 shares of common. The financing is
for the company, of which
in the program is $2,272,753
105
p
62lUl8
'
The
Wheelabrator 5j
and the Baker Refrigeration Corp.*
,
.
will
offering
Wow
169
the
^aTney TcSZ N?wYork to*act
$9,808,73i
Chemical
the
ranging
of
/
5W 46'758'355 53'412'403 48'281'789
—I
i
permit
engines
^e^ZZ-ZIZZLriZIir::
the first quarter of 1949 were the
Maine
$2,367,161
of its proposed
announced cancellation
basis.
new
James
.
XJo
Engine
Bangor Hydro-Electric Co.—Financing—
8,747,321
TTnn-no
in
The
'
6,644,898
—
after taxes—
^Oss.\t0n
.
*
(B. T.) Babbitt, Inc. (& Subs.)—Earnings—
*n
.
3,141,422
Torn
will
diesel
Earned per
^mcrican Viscose Lorp.—borms New Affiliate—
See Monsanto
duty
new
t
9
Earnings per com..share
179«47^$57782parfc of a $4-657,253 construction program
III'oil
iq?qi? $2,767,200 will be spent this year. Included
266,250
191,917
jor
generating stations.—V. 169,
2,375,261
-V.'fet pChia87g8eS
Miedel,'this
heavy
Net incbme
;.
iqaq
J Bfa°LEnded'"
! :
r
Net -sales
71777;—77 I77Z7ZTZZ 7777ZT7Z.
$19,497,482 $20,461,714 $54,913,59/ $5/,590,248
14,755,060
13,639,527
42,009,239
39,034,196
Operating taxes
Diesel
Lorimer
the
of
-
•
icinc
May
on
of controlling interests in the American
Bigelow-Sanford Carpet Co., Inc.—Earnings
Anr >
-4q
Anr 3 '48 Mar £ mTL
i.
Net f:ale.&
Net profit
The corporation showed a gain in total net losses ol more than
11% -for the three months' period ended March 31, 1949.—V. 163,
debentures
'
STATEMENT
iqaq
Sk?r
87,578
82,.*31
Mr.
of
P* 1856.
Philadelphia"
Exchanges.
y
New
„
and
.
OneratinB
of
,
,
^
p., 1986.
.
debentures
attached, in
office
the
corporation
the present business recession."—V. 169, p." 166*;.
establish the Lorimer Division, which will be under the
direction of Ralph 8. Lorinier.
It will be responsible for the sales, as
well as the manufacture, of both Lcrim/r engines and parts.—V. 169,
p.
1662.
pany
muTtS'of^LoSS
at
•*
:
military, probably will be less affected by the possible continuation
June'^27 of
sale,,.about
169,
Axe-H»UghtOn Fund. Inc.—Net Assets Gain-
Broadway, Now York 15, N. Y.
been
to
line
' The Lorimer
known
Temporary debentures will be delivered as soon
practicable after June 20, 1949 and will be exchangeable for defi-
as
/v
$3,433,816 $12,673,216 $13,008,034
Quarter sales and earningsgrades of acarpets. to a buyer's marker,. Ui
reflects
return "Supply has caught 1U
practically all widths and
in "excess of $100,000.
nitive
v
in business and the immediate future for mistrial companies 1
been rendered less attractive, while Bell's ftusiness which Is larg
lines of engines, Atlas has completed one of the largest transactions Jh
the diesel engine manufacturing business in recent years.
Th com-
temporary
coupons
,
1949—17 Wks.—1948.
1949—4 Wks.—1S48
$4,313,736
; : :
,
'
v
-^th home furnishings carpet industry later said.-He most branches 01
demand in the industry," Mr. Wise than in stated tnat sale*
the
assets
Quarters Ended March 31—
be
interest
V
'
Current Sales Ud 25 6%
1
and'dis-
,
with
form
trust certificates.-V.
horsepower.
XSlSt <*»» p~ •«»» p»»bl. upon conversion «IU be subject to
I "
equipment
manUfacturinK
-complete
19, 1951 and $140 therealter, payable by surrender ol $100
amount of debentures and payment of cash in the amount
by which the conversion price then in effect exceeds $100. The conversion price, the number of shares issuable upon conversion and the
debentures
^
g]loe Corn.
company."
•
/ X V " L lL * "
"Since that time," he said, "there has been widespread deterioratl
1
on
thg
principal
bearer
I,.
$103 381
R- J' Miedel, President of this company, announces the acquisition
June
The
Cr37
'
$115 402
Equipment Co.,
.0
Atlas Imperial Diesel Engine Co.—Acquisition—
»?lo on"and P«to &CTl949^o°Sd1
in
63,845
Bell Aircraft Corp.—Drops Plan to Acquire Two Firnsj
f
•
*
—
..."
:
1949
1,
•
cos"
,
profit
.acquisition
'*»
59[o49
.''
" $103 343
$114,272
>
t *'
Crl 129
pf<j. stock of these companies—
Period End. Apr. 30-
v"
+
Trustee
°akland. exclusively bv Lorimer engines will be- manufactured
Calif- The Atlas
tributed
'
interest.
debentures
m
;
.•
Sales
-V. 169, p. 1662. ;, -
_
;
payable thereon
be
-
The company, it is reported, plans the
semiannually on June 20 and Dec. 20 at the office or agency of the
company in New York City.
Debentures will be redeemable, at option
of company, as a whole or in part on or after June 20,
1951 on at
least
30
days' notice, the initial redemption price being 106, plus
June
,
117,213
S75,135
"
$226 23r
Frederick W. Specht, President, stated that the company's operating y/ ...J '
$8,685,000
stock
capital
.
-?c,ry
gA
'
Allanfir
Tn issue uertincates—
/ll,dnuc Coast-T.inp RR
Line IiK.—10 Tccup TprtifiV^tPc
be
being offered will be in a principal amount equal to
debentures
for
li2lG
;
;
$306,622
'
•
■
•*
outstanding at the close of
business on May 6, which amount will be in excess of
$393,000,000
but
is expected
to be less than $400,000,000.
The debentures* will
'$100
3,446,36s
3,490,387.
y
;
'
- .
*
.
The
.
■
__v. 169, p. 1936.
•
/
Armour & Co.—Action Deferred on Prior Pfd. DlV.—
'
the
the
of
of
ice
<
given
are
1951.
income
on
completion
to
been unavoidabie.-v. 169, p. 202.
'
193,919
*
—,
Income
jnci, djVS>
Net
bepn^univofd^ble8^"0!^/^11^n?017, a°d th&t mventory losses have
week ended May 5, 1949, the System inputs of subsidiaries
amounted to 252,478,000 kwh., an increase of 25,286,000
11.12%, over the corresponding week of last year.-V. 169,
'
itlgntS
through
program
$1.50 per share up to and including April 1, 1949.
I
■
of this company
cr
applied
*
.
*
f The directors on May 6 deferred action on the quarterly dividend due
July 1 on the $6 cumulative convertible prior preferred/stock, no par
value. Since arrearages on this issue had been cleared up in October,
1947* the company has been paying regular quarterly dividends of
'
.
and
-
Mishawaka, Ind.,
■■
central Hanover Bank & Trust Co. has been appointed trustee for
South Windham, Me., and Omaha,
the $8,300,000 3%% sinking fund debentures due 1974.—V. 169, p. 1873.
When application was made to
:!■'
'■•••,, r
■■
; .V-V''"'.r"mission some time ago, Lawrence
.
r<l
x'mi™
;
*t° stockholders that "the proposal
'
<
For
company.s construction
f
in Kansas Gas and the
of an additional 100,000
Weekly Input Increased 11.12%—
funds
general
.
•
C
;
^
$3,812,309
204,937
^
Minority interests in net profits of subsid.
•
'
m
proposed
the
24
May
on
by American of its common stockholdings
proposed issuance and sale by the latter
shaves of it3 common stock.
'
kwh.,
to
Arkansas Power & Light Co.
j
the Kansas stock.
before its receipt of the proceeds of the sale of
•'The
to.
to borrow not to exceed $13,000,000
investments
its
event
&
Power
American also seeks authorization
,
Electric Service
Texas
$3,942,752
—_
depreciation
;
1948
..
Net
,
JjLgSsS^oooHoi i9^i95r—program is e?timated
an
for
■:
,
interest charges
Prov. for Federal and Canadian income taxes—
' <
15,
limited number of institutional investors, the proceeds to be used
stock
invest
to
latter
American proposed to apply soon
$6,000,000 additional common stock ol
Amencan may invest $2,5(W, 000
nte
acquire
Light Co.
to
&
Power
common
enable'the
to
added
be
Light Co.
&
Power
Texas
order
in
Co.
substantial net addition
year."—V.1 169, p. 1775",
1949
.nrnf<1
Total
: 1 Concurrently With the sale ef the notes, the company is selling
$5,500,000 first mortgage bonds, series D, due March l," 1979, to a
loans
renav
utilities
the
of
,ei'°LXf nrSin S?otL?°inhiSfllie? of to
SSvTl? SP2SLhS?^ hdv
I!nwhfl?nn 'flpanrnnnsal to Tnvest$7 000 000 in the common
•of'Texas
v/ill
balance
Commission.1,
commission.
the
tne
bv
Dy
exemDtion
exemption
an
an
15,
loans in the amount of $700,000 incurred for construction purposes,
and to provide approximately $1,000,000 for current general corporatepurposes, including the discharge of $750,000 of accounts payable. The
The
of
or
n-
.
1 \
' J
r"
r j. The
1950, into one share of
preferred stock and two shares of common stock for each $45 principal
amount of notes, ana are payable at maturity on the same terms. V
/ .
Proceeds of the financing will be used to pay temporary bank
to be supplied by amendment.
notes are convertible after June
-
!;
toSlncome&AM
which are convertible on or after June
terms are
application requests exemption of the stock offerings from
the compe'titive bidding requirements of the Commission's Rule U-50.
The SEC Division of Public Utilities plans to object to the granting
i
.
reported .-the "
engineers
company's
selling, general and administrative expenses—
:
,
1949-1951.
years
Registers $3,150,000
—
1950' into' and Payable at maturity in, shares of preferred and V-common-stock, is Corp... The public offering a price, and underwriting
to be underwritten by
syndicate headed by
v
The .First. Boston
.
Kansas company
of
tures
Power Co.
The sale of the notes,
•
simultaneously,
100,000 additional
proceeds to be
used partially to pay for expenditures made and to be made in connoctton with its construction program, estimated to involve expendi-
'
Arkansas-Missouri
Provision
be deter-
to
is
the
jK,!r Gross profit from operations
;
The company May u ,iled a registration statement with the SEC .
proposing the sale of $3,150,000 interim notes, due Dec. 15,"'1951. '•'W
also proposed to Issue and sen,
shares of Its common stock, the
The
to stockholders stated
3 Months Ended March 31
...
h«
nt
.
■'
Bausch & Lomb Optical Co. (& Subs.)—Earnings—
Notes With SEC—To Sell Bonds Privately— •: j 5-
to sell to
has applied to the SEC for authorization
lgss than 200,000 shares;and up
company
public
.
be said with confidence that there has been a
/ to the company's reserves since April 1 of this
' . ; " '
V'--/ • ■: .■
:
24,000
$32,308
$83,238
Nil
f
"$81,423
25,119
«Based on 234,035 shares in 1948 and 233,616 shares in 1947.
J
Traction Co. above.
American Power & Light
Th»
.
drilled; and in addition the corppany had 66,150,000,000 cubic feet"
of indicated gas reserves.
,,
*:
i
"Since April 1, 1949, the company has added new reserves in all
'/Categories.-It is not practical to keep a running account of deductions
from and additions to the various categories of reserves; but it can!.
-V 449*'
3,111
:
$202,999
27,232
36,529
56,000'
'
the
1946
$13,921,000 $12,137,000 < $8,587,000 Not avail.
engineers indicated that this company had 807,396,000,000 cubic feet' :
of proven gas reserves, of which all but 63,402,000,000 cubic feet were
i—:
: ' $80,979
t.$5,498
—„24,215
provision for Federal
'
;
Net profit
.
A,
.
XT
^
^
As of the same date," Mr. Loucks stated,, "the report of these
"
$199,888
expenses—
-
earnings
-interest
Natural Gas Co.—New Name 10 Be Adopt-
American
ed—See American Light &
.
-
estimations of presently discovered pools beyond the limits of control,*
hy wells already drilled, or from application of secondary recovery
methods to known pools where success is reasonably assured but
requires further evidence to be proved) of 43,323,000 barrels. Thus
the total of proved and indicated reserves is 203,973,000 barrels. . . f
.......
29, '47
$1,364,923
1,120,895
32,872
_
and gen.
profit
jncome
Total
Approp
$28,469
$0.08
Net
1947
In addition the engineers estimate the company had indicated »,
reserves (not proved, but estimated to be reasonably recoverable from
'
$1,845,978
1,466,941
33,938
$1,189,908
1,015,561
34,485
depreciation-;
for
admin
Miscellaneous
—
deductions
'
v,
*7?st™ent> and 39,142,000 barrels were proved and undriUed
»
'
,
,
income
Total
Other
1948
v-
(estimia ted tohaveeiery reasonable certainty to be recoverable as a -
Apr. 2, '49 Mar. 27, '48 Mar.
s'algS
Cost
' 39,680
118,000
i—
/.
.,1949
result of additional drilling or development).
-
.
..
$315,110
-
——
income
,
.
_
through
j
Jan
$289,405
25,705
30,564
—1—19,000
profit
•
_
Net
Selling
Operating
letter
r
..
A. P. W. Products Co., Inc.—Earnings
1948
$3,432,936
2,601,579
404,225
137,727
,
')
v.
taxe50n"
163, p. 1418.
share—V.
per
■■■■.....
—
Selling expenses
' •
prices not to exceed $3.12 v2
(1J
1949
Barium Steel Corp. (& Subs.)—Earnings—y..
...
The corporation will prior to May 18, ,1949 receive tenders for the
sale to it of up to 10,000 shares of its SI par value common stock -* ■
until
_
$2,876,207
2,286,808
454,988
—
'
.
at
-
-
sales
of
nrmiospri
to the proposed.
T?^^*
sales
Cost
vjj® J' ®t0^:
-
Ended March 31—
3 Months
Net
'
■
"The current state of the market for our papers, both in matters offollowine estimated reserves as of las* ADril l*
T 1 '
,<"■■<+<■
prlce and volume of sales, indicates the continuing need of effecting
- • Prove(i crude reserves
(economically
recoverable
under
presentlyeven further efficiencies and economies of operation'in order to ;; existing economic conditions and with presently known producing and
reverse the present trend.'—V. 168, p. 2318.—
,*Vr ,-••••« "'V.
/•Recovery methods) amounted to 160,650,000 barrels. Of this 121,508,000
" '
» tZ
o+
i
'< barrels -were .proved and drilled (estimated recoverable from existing
AngOSturd-Wupperman Corp.—Offers to" Buy Its Stock
wells, using present methods and without making additional sub-'
Earnings
Metals, inc.
American Machine
"
Monday, May 16, 1M9 ■*t'
f; .[ Quar. End. Mar. 31—
$24,475Sales :
$179,926
t$15,656
«14,242
$100,000 on an annual basis.
p. 1441.
p. mm.
..
r
*
•
respect
giving interested persons
an
.May
-
'
/
■
income,
4J-ioss,
.
^ •**+
,
Thomas H. Blodgett, Chairman, on April 28 said:
I^^i'^"^'1'979,8^4 J&-ares* nJB6S€d •0n -a1,'?79'819 shares»
/ »jn the first quarter of 1949 gross profits margin has been adversely*- [SViisea on z,iib,lyk shares,
v.-769, p. 798."
■
'
affected by sales price decreases and increased freight costs-at a total- ,>*-"*
'n
•• "
_J1
'
»
estimated annual rate of $200,000.
This has been offset in part by
Barnsdall Oil Co.—Oil and Gas Reserves—.V
minor evidences of decreasing costs of raw materials.
The net effect
The stockholders were informed on Mav $ of this company's esti-'
0f these price and cost influences is a decrease of approximately
inated Jiet oil ^ gas-reserves. *Wm. Dewey Loucks, President, in a"
the
in
fime
;
1946
1947
'
msr*an expenses lncludlne est,raa,ed Federal
stocK
for new or additional shares of capital
than pursuant 'to a, public offering .or
other
1948
1949
' »Net profit_:
stockholders
amendment,
fiist
the
Under
saiu
3 Mos. End. Mar. 31—
to subscribe
entitled
be
sold
shares of
of
number
the
being
outstanding.'
presently
would
stock
'
.
^
-
,
.
■
American Writing Paper Corp.—Earnings—
in the common capital account representing
outstanding common.
provisions relating to preemptive rgnts or
shares
30 554
to
'
•
THE COMMERCIAL & FINANCIAL CHRONICLE
(2094)
2
•
■
,
.
...
.7
.7 /"
Volume 169
v
Number 4803
THE
The
■"*
936
recorded.
was
The large emissions for April
is
all "industrial and
over
for
manufactur¬
'
99.8%
than
0.2%
was
000
money
refunding.
held to the same pattern for the 33rd consecutive month
showing new money greater than refunding operations
with the exception of May 1947.
r :■ ;•
; A total of 92 separate emissions were floated during
April, of which 53 were bonds aggregating $514,332,000,
and
14
38
and
24
390.
61
were
the
>
)•..«';;
■
March
bond issues
,
135,399,000
OF
CORPORATE
190,930,937
43.8
New
Capital
New
t
>
-
a
a
100
2
3 years
! 202,275,400
202,275,400
100
c
j Total
174,381,015
189,592,258
$755,475,974
.j;>. Total
.
revised, i} ++!]'•
"Figures
"
*;+
Below
7
91
days
1.454,237,000
901,529,000
99.707
Apr
14
91
902,103,000
99.709
21
91
days
days
1,717,123,000
Apr
1,546,603,000
903,512,000
99.708
"1.157
Apr 22
Apr
28
91
days
1,636,338,000
900,810,000
99.708
Mar 21
"1.156
Apr
1
1 year
962,656,000
962,656,000
Apr 1-30 Apr
Apr 1-30 Apr
1
10-12 yrs.
454,202,158
12,613,000
454,202,158
a
a
12 years
12,613,000
100
2
3 years
262,299,400
262,299,400
100
c
v.
for
for
•
MONTHS
1949,
series,
1948
AND
x
; Dated ;
New
Capital
i
14,091,516;
561,972,304
186,843,822
Jan
30,923,566
97,041,541;
701,502,936
312,323,947
139,824,303
6
91
day Treas.
13
1,000,901,000
91
1,000,901,000
day Treas.: bills
;
906,631,000
91
902,136,000
day Treas.
4,495,000
bills 1
904,690,000
27
91
901,234,000
day Treas.
bills I
3,456,000
902,428,000
901,199,000
1,229,000
3,296,526,000
Ctfs.
of
indebt
1
J 3,296,526,000
Ctfs.
of
indebt
<
;jan
Jjjn
1
1
U.
Tax
Total
422,501,331
47,650,700
1,096,360,233
1,524,466,557
760,577,258
277,783,073
1,03$,360,331
Feb
Feb
1,056,250
682,222,190
562,725,792
50,212,500
612,938,292
382,349,500
80,964,460
Feb
24
381,550,874
4,088,750
385.639,624
217,916,667
319,497,872
f 463,313,960
: 53$,414,539
595,197,598
28,896,829
624,094,427
523,297,778
213,807,327
1 737,105,105
.113,723,057 1,638,189,614
3
91
10
1,539,474,264
83,198,079
1,622,672,343
1,123,563,945
614,269,659
196,921,136 3,260.861,957
3,063,940,821
1,884,141,203
91
Ctfs.
Feb
14,724,735
518,355,071
494,500,121
125,726,255
.620,226,376
*
of
indebt.
S. Savings bds.
Depositary bonds__ J
1
Tax
Total
.Mar
Antic'n
for
February—
Treas.
270,711,824
]Vlar 10
91
day Treas.
387,863,596
Mar
17
91
91
Mar 31
91
day Treas.
158,250,417
112,461,407
458,744.588
25,757,281
484,501,869
265,676,364
122,187,231
1,221,735,865
42,572,016 1,264,307,881
918,426,902
360,374,893 1,278,801,795
4,285,676,686
239,493,152 4,525,169,838
2,802,568,105
i
quarter—
Mar
Nine
months.
October
*
November—
Fourth
Ctfs.
1
U:
Mar
1
628,499,165
quarter
647,242,184
607,997,623
77,422,920
15,600,000
458,524,576
474,476,470
627,498,105
3,221,860
630,719,965
946,003,815
i 561,795,430
69,701,999 1,015,705,814
1,098,921,846
.
18,743,019
442,924,576
i-j.
December
1
Mar
1,252,427,625 4,054,995,730.
37,564,879
1,736,486,725' 2,028,477,908
234,443,879 2,262,921,787
G85.420.543
1
Tax
'Apt
3,135,000
164,159,400
900,656,000
902,496,000
902,496,000
2,920,943,000
8,245,409,855
7,438,967,000
901,529,000
901,529,000
bds.
Antic'n
589,641,955
'
notes
for March—*.
7,897,500
202,275,400
7
91
day Treas.
91
day Treas.
bills
'
902,103.000
Apr 21
91
277,058,031
6,261,656,563
bills
'
903,512,000
91
903,512,000
day Treas.
bills
1
900,810,000
1
Ctfs.
900,810,000
962,656,000
•Apr
4,831.046,013
1 >• r U.
962,656,000
1,486,871,504 6,317,917,517
tRevised.
SALE OF NOTES OF NETHERLANDS SHIPPING COMPANIES
International
The
Bank
Reconstruction
&
Devel¬
opment has sold from its portfolio notes of Netherlands
shipping companies (listed below).
These securities
listed
The
here
as
matter of record.
a
included
not
in
tables.
totals
are
however,
The
International Bank
has added its guarantee of payment of principal and in¬
terest to these obligations. The securities are as follows:
are
v
(a)
$2,000,000
our
V.
N.
Nederlandsch-Amerikaansche
Stoomvaart-Maatschappij "Holland-Amerika Lijn" (Hol¬
land-America Line) 2%'% secured serial mortgage notes
(guaranteed by the Netherlands Government). Notes are
dated July 15, 1948 and are due $100,000 semi-annually
Jan. 15, 1949-July 15, 1958 inclusive.
>
(b) $2,000,000 N. V. Vereenigde Nederlandsche Scheepvaartmaatschappij (United Netherlands Navigation Co.)
21/2% secured serial mortgage notes (guaranteed by the
Netherlands Government).
and
due
are
$100,000
Notes
are
dated July 15, 1948
semi-annually Jan.; 15,
1949-July
15, 1958 inclusive.
(c) $4,000,000 N. V. Rotterdamsche Lloyd (RotterdamLloyd Line) 2lk% secured serial mortgage notes (guar¬
anteed
by the Netherlands Government).
Notes are
dated July 15. 1948 and are due $200,000 semi-annually
Jan. 15,
1949-July 15, 1958 inclusive.
(d) $4,000,000 N. V. Stoomvaart Maatschappij "Neder-
v
land"
In
that $962,656,000
lotted
on
in subscriptions
the offering of
were
received and al¬
1)4%
Treasury Certificates of
Indebtedness of Series D-1950 dated April 1, 1949, and"
maturing on April 1, 1950, to the holders of Treasury
to
Certificates
of
amount
for cash.
Indebtedness
of
$1,054,836,000,
;
.•/,
The Secretary of the
all
outstanding
2%
•
,
the
•
of' Series
D-1949,
balance
being
in
the
redeemed
•'
■
Treasury announced Feb. 14 that
In:
April
amount
were
1949
the remaining $1,700,000
principal
purchased from the Bank. [Dollar Savings
which previously had purchased $2,-*
000,000 of the notes, purchased $1,500,000 of the obliga¬
Bank, New York,
tions at
—ED.]
"
<
v;.'^-v
Treasury- Bonds
1949-51,
of
dated
»c-
STATES
UNITED
«
'
TREASURY
Dec
Jan
FINANCING
DURING .1949
Amount
Dated
Due
;
3L
i
7
Accepted
Price
Yield ■?'
$
■
V.
,
%
;.
Jan
6
/•;
91 days
1.964,271,000
The
t
are
now
on
June 15, 1949.
outstanding $1,014,018,900 of these bonds,
Treasury
Department
in
April
outside
of
the
above, confined its operations to the usual weekly sale
of
Treasury
Bills,
Savings Bonds,
Tax
13
>
91 days
1.478,730,000
906,631,000
s
four
Notes
Total
Jan
20
91 days
1,511,627,000
904,690,000
99.707
"1.160
27
91 days
1,514,449,000
902,428,000
99.707
"1.160
Dec
15
Jan
1
1 year
3,296,526,000
3,296,526,000 100'*
Dec
15
2,398,355,000 100
647,286,199 ► • a
>
a
1,428.000
100
r.
2
222,786,700
100
:
for
1 year
2,398,355,000
1
10-12 yrs.
647,286,199
12 years
1,428,000
Jan 1-31
Jan
3 years
222,786,700
>
1
Total for January
Feb
■
VU
VU
»
'
3
91 days
1,417,262,000
801,106,000
99.706
Feb
10
91 days
1,473,740,000
902.941,000
99.706+ "1.163
Feb
17
91 days
1.425,717.000
801,248,000
99.706
"1.163
Feb
18
Feb
24
91
days
1.460.462,000
901,180,000
99.706
"1.164
19
Feb
1
1 year
1,993,169,000
1,993,169,000
Feb 1-28 Feb
l
10-12 yrs.
599.139.580
Feb 1-28 Feb
100
"1.161
VU
539,139,580
a
a
12 years
1
$
162,743,000
27,285,000
135,458,000
168,443,000
122,855,000
45,588,000
39,000,000
7,000,000
32,000,000
42,325,000
30,140,000
12.185,000
81,325,000
37,140,000
44,185,000
260,000,000
149,000,000
43,140,000
111,000,000
53,958,000
313,958,000
192,140,000
121,818,000
145,037,000
January-
f 89,870,000
Notes
;
;
—
Total for February—!—
March—•'
•
1145,037,000
:
—
l- (
.
,
;
'!•;
Certificates
'Notes
u—
Total
for March——;
April—
Certificates
<——
—j_i-!— .'-'J
•Notes
.v!_-~;
10,818,000
Total
for
four
'1
"v
"
59,215,000
51,785,000
t
111,000.000
204,252,000
t93,252,000
674,726,000
556,387,000
months
sale's
'•*.
>
lli.oofjooo
April——
Comprise
».
.;
of
special
series
certificates
.sold to-Adjusted Service
Certificates Fund and
to
Federal
Service
Old
Age and Survivors
Retirement
Fund,
.Canal Zone Retirement
Fund,
Savings
Life
System,
Insurance
Government
Fund,
and
118,339,000
notes;
certificates
Unemployed Trust Fund
Insurance Trust
Account,
Service
Retirement
Fund,
Alaska Railroad Retirement
Fund, Postal
Life
Federal
Savings and Loan
Foreign
Insurance
Deposit
Insurance
(Continued
11
Feb 1-28 Feb
■
95,570,000
Fund,
Insurance
Corporation.
on
page
National
Service
Corporation,
tNet
retired.
6)
10.281,031,899
< 4
28
Net Issued
r
5
5,700,000
Certificates
Federal
'
Feb
Jan
Retired
$
c
T
Jan
FINANCING
February-
Civil
Jan
Jan
729,114,550
3,185,136,292
J—
and notes
14
Jan
4,570,610,000
29,992,244,292 26,807,108,000
months
V
—
"1.160
21
Jan 1-31
5.299,724.558
—
Certificates
"1.15a
Jan
Jan 1-31
454,202,153
Issued
99.707
J&n
3.135.000
3,135,000
100
2
3 years
164,159.400
164.159 400
100
c
Administration'
Total for
Notes and Depositary Bonds.
for
notes
April
99.708
1,000,901,000
Jan
Jan
There
1942, are called for redemption
262,2.99,400
for
Total for
Amount
Applied for
■
t
12,613,000
262,290,400
Antic'n
ir
foregoing obligations $600,000 principal amount
matured and were paid Jan. 15, 1949, leaving $11,400,000
rrincinal amount outstanding at the present time.
Of the
Offered
12,613,000
"INTRA-GOVERNMENT
and interest for maturities in 1957 and 1958.
par
454,202,158
'January—
I During
Feb
Jan. 15,
Total
bank
January 1949 $2,200,000 of the securities were
from the bank comprising $300,000 of the
iiotes due July 15, 1955, $600,000 due Jan. 15, 1958,
$600,000 due July 15, 1956, $600,000 due Jan. 15,: 1957
and $100,000 due July 15, 1957.
'
Tax
1
Total
purchased
I
March 30 announced
secured
indebt,
of
1948
the
from
Date
Treasury
2V2%
$8,100,000 of these notes were pur-r
comprising all of the maturities
Jan. 15, 1949 through Jan. 15, 1955 and $300,000 of the
notes maturing July 15, 1955.
August
chased
Treasury Financing in April
The Secretary of the
*
Apr
serial mortgage
notes
(guaranteed' by the Netherlands Government),
Notes are dated July 15, 1948 and are due $200,000 semi¬
annually Jan. 15, 1949-July 15, 1958 inclusive.
Line)
(Nederland
bills
S. Savings bds.
Depositary bonds—
Apr
for
806,442,855
902,103,000
day Treas.
Apr. 28
5,984,598,532
611,000
906,999,000
14
Apr
months
6,017,000
-
905,248,000
Apr
Twelve
_
768,897,980
902,625,000
2,920,943,000
589,641,955
7,897,500
202,275,400
Savings
87,318,960
Total
599,~i39~580
bills
Depositary bonds
Mar
956,000
1,993,169,000
indebt.—
of
S.
900,224,000
5,397,180,000
day Treas. bills
day Treas. bills
261,450,941
1,508,000
801,248,000
906,673,000
905,859,000
902,625,000
906,999,000
bills
2,090,000
901,433,000
6,166,077,980
bills
•Mar 24
September—
Third
day
880,680,899
801,106,000
3,135,000
164,159,400
;
91
9,400,351,000
599,139.580
notes-
3
259,360,941
1,428,000
222,786,700
801,106,000
902,941,000
801,248,000
901,180,000
1,993,169,000
U,
Feb
1,737,833,604
647,286,199
1,428,000
222,786,700
>
Feb
892,052,732 2,776,193,935
503.G30.336
August—
647,286,199
notes-
day Treas. bills
day T'eas. bills ;
day Treas. bills
day JTieas. bills
91
•Feb
—
bds.
2,398,355,000
January;10,281,031,899
17, ,91
681,165,940
;
Savings
Antic'n
for
29,260,000
Feb
quarter
S.
2,398,355,000
Depositary bonds
383,241,331
months
bills
1
1,048,709.533
>■
Indebtedness
$
.452,148,250
604,461,395
New
Refunding
20
t 217,767,388
547,880,788
Six
Accepted
368,444,69$
238,267,785
Second
FUNDS
Security
IJan
j;:
.Total
107,035,204
7,095,700
'■/'
OF
Total Amount
'Jan
Jan
Refunding
261,409,429.
231,172.035
„
Aug. 31, 1948. c Treasury note*
and interest accrues each month'.
approximately 1.40%.per annum.
1948
1,
years interest
+V
}
374,714,374.
February
May———
discount basis,
USE
$
2,590,000
.
23,992,244,292
bank
a
Jan
$
372,124,374
r„
months
on
Jan
$
$
vu
which
Type of
1947
Total
Refunding
$
435,591,117
June
of
■];
;!
—"H947-
1.295.000
April—
four
Average rate
Jan
BY
100
5,299,724,558
V®LsY,ie.s D. began Sept.
It held to
a
■■
"1.153
$762,731,791
$7,255,817
'<
financing is brought to light.
"1.160
a Comprised
of three sepa¬
series E have
10-year maturity, are sold on a
discount basis at 75. and
yield 2.90% : series F have a 12-year
maturity
are
sold on a discount
basis, at 74, and yield 2.53% and series Q
have a 12-year
maturity, are sold at 100. and bear 2'/2% interest.
b Comprised of
separate issues designated
Treasury notes of tax series
C-1947, C-1948, C-1949 and C-1950.
Series C earnings about 1.07%,
Sale of these bonds was
discontinued on
.
r 190,274,163
..
rate
tabulation of figures singe January,
1947, showing the different monthly amounts oivcorpo*
rate finnacing.
Revisions of the 1948 and 1949 figures'
may
be necessary* particularly as additional private
present
we
8,245,409,855
Apr
175,490,232
■■■': fi
434,296,117
quarter
i
1
204,073,331
January
First
l'
for i March^.—
VU
15
Apr
$192,894,065
New Capital
$
100
7,897,500
maturity of 3
FIGURES
Total
$
2,920,943,000
589,641,955
7,897,500
iApr ' 8
Total
Refunding
4,280,719
1.109,217
y 681,905
'i '
99.706+ "1.162
I-'
$1,183,976
'
99.706+ "1.162
99.706+ "1.162
902,496,000
589,641,955
Total
199,792,612
' —ii-4- —■- -—a- •'
902,625,000
906,999,000
1,610,790,000
2,920,943,000
1 year
Apr 1-30 Apr
$191,710,089
April
1
99.706+ "1.162
12 years
(
40.0
January '__—!!——
—f!948
Refunding
$
Mar
'Mar 1-31 Mat
;
j w.»•.
'.. t
financing for April totaled $190,274,163,
compared with $156,942,990 for April 1948. For the four
months of 1949 total municipal issues footed up' $762,731,791 as follows:
-1949'•
15
days
days
days
99.706 + "1.163
1'10-12 yrs.
35.0
25
__
91
91
%
1,661,354,000
1,529,755,000
days
91
i
Yield
906,673,000
905,859,000
32.0
83", 400,000
"February
March
!_-!!l—^—!__!
sinking fund debentures, due April 1, 1974; $20,000,000
Mathieson Chemical Corp. 20-year unsecured loan; $25,-
March
$273,305,000
91
Price
$
1,662,824,000
1,538,630,000
Mar 1-31 Mar
of Total,
16
Accepted
$
Mar 1-31 Mar
l»
Total Amount
1,
SUMMARY
Mar 17
Feb
preceding
32
:
Mar 10
Apr
'32
91 days
Mat 24
Mar 25^ Mar 31
of
-
No. of Issues
3
Mar 18
»
with
Mar
4
Total
Financial 2% % debentures, due April 1, 1959; also
$40,000,000 National Distillers Products Corp. 25-year 3Va %
'
Comparison
,
'
V '■'' "V
;
January
1969; $50,000,000 Commonwealth
Edison Co. 3% sinking fund debentures, due
April 1,
1999; $50,000,000 Standard Oil Co. (Indiana) 2.90% prom¬
issory notes, due April 1, 1979 and; $50,000,000 C. I. T.
•
•
Amount
Applied for
Due
Mar 11
(pai*
preferred <(par $50)
25
Mar
Municipal
issues, of which 10 were preferred adding
$38,615,000 and 21. were common for a total of
$33,615,000. .*
••,!'.
v
:'r The principal issues brought out during April were:
$75,000,000 Schenley Industries, Inc. 3.20% promissory
due
financing.
April' i_L!—March i -iL-U-i.:—.
stock
notes,
total
February
to
up
200,000:shares of 14.70%
months follows:
■
up to $167,890,190.
Of the stocks
issues and accounted for $47,335,800
common emissions for a total of
$120,554,-
For the month of March there
31
and
Feb
Northern Natural
and
of
preferred
were
shares
common
Amount
Dated
'
Corporate issues placed privately in April comprised
separate issues and aggregated $273,305,000, or 40%\
32
stocks adding
were
$18,510,025; 406,000
Illinois Power Co, for $10,000,000.
and only $1,056,250, or less
Thus the trend of financing
new
was
of
Gas Co. for $11,977,000; 361,840
common shares
(par $7.50) of Ohio Public Service Co.;'
for $5,789,440;! 200,000 shares of $2.20 preferred stock
(no par) of ConnecticuO^Light & Power Co. for $10,400,^
ing" category which showed an upsurge to $228,499,022
the $62,870,183^ reported in March, v ( Railroad financing, however, which footed up $90,293,000 in March declined to $17,560,000 in April. The
aggre¬
gate financing ifor the month shows that $681,165,940, or
over
total
a
$10)
from
"
Date
Among the prominent stock issues floated were 740,401
common shares (par $25) !of Pacific Gas &cElectric
Co.,
ac¬
for by activities in the utility field, especially
equities, which increased from $3,417,000 to $98,-
526,240 and in the
3
(2095)
Offered
Co, first mortgage pipe line bond 314% series due 1964.
counted
in the
CHRONICLE
000,000 Bell Telephone Co. of Pa. 25-year 3% debentures
due April 15, 1974 and $24,000,000 El Paso Natural Gas
an increase of
$259,720,859 over March and the greatest
monthly total reported since March 1948, when $701,502,-
1
FINANCIAL
And for the Four Months of the Calendar Year 1949 1
Corporate financing for April aggregated $682,222,190,
.
&
Capital Flotations in the United States During the Month of April
>
\
COMMERCIAL
February,-!
6,166.077.980
♦
In the
lowing
comprehensive tables
pages
we
on
the
the fol¬
April
figures with those
for the corresponding
periods in the four
years
preceding, thus affording a five
year comparison.
and
the
four
compare
months'
and
Total
$
54,30 4.0 0 49,751.0 26,45237
65,4237 52,160 49,08453
Relundi g 493.58,0 4,0 .0 17,538920 7,625,82
563,12 0 46,10 29,3450
$
-1945
Total
76,892
639,1 702 Devlopmnt.
-
Capit l
$
New
Total
102•,435
$
682,543 348,105 71,34058
40.32,0 172.89 5 84.28,549 25,0 0
Capit l 17,650 18,732.0 15,0 0
New
Total
11,2072,593409
1,30 , 0 130,406 1,50 0 27,835.0 57,31573
94 ,50
Capitl
Total
$
239,57 90 1,250. 0 96,27832 75,08173
463,1960 ti,0 75 10, .0 19,870 40,247 902,68732
Total
Refundi g 46,9731 27,43208 116,5
80,964 0 5,0 ,0 19,870 2,643,0 108,47 60
$
a
b,
FYEIAVRS ^fSRIUBnetcoarsiukd.l
Capitl
$
24.60,813 l,250,u0 69,84.62 68,3i0 o3
Total
$
164,07 0 156,942 0 2,10,0
612,938 2
Capit l 430,6950 l.^OoJ 51,7210 79,04172
New
Total
-194
Refundi g
-»•.
$
$
566822,7,9190
514,320 4735",80 120,54390
7 5,0 281,250
1,056,250
i'.vl
CORPATE,
Capit l
SOUM FARY
N6w
$
513, 70 47,3580 120,73140
769,058
76,90 190,274163 94,8635
43,750 681,905 45,7315
681, 5940 3,25 0 189,52 8 904,1398
■
■
48.357,40 7,125,0 1,35076 190,73.564 6,735,0 1,570, 0 1,49,40 257,304 97,80 0 19,407. 7,125,0 12,85076 239,58.64 18,7350 1,4 ,50 8.4~706 09,63241.
307,26958
40,612750 5,625,0 38.42,968 60 ,0
230.475
18,0624
7, 4 ,720 1,50 , 0 I,~3 5~o76o 152,308.596 6,135,0
1,3 9.52 1,4 9,40
1,250, 0
1,250, 0
Refundi g 28793,17
50 ,0 0
17,0 0
CNIOTOUSGRRNPEHIUFWPAEEID
50 ,0 0
17,824
;-:Z
4,10 , 0
1,250, 0
32,16
$
24,60813
40,5280 189,5 0 6,50,0 2750,0 62.75,0 127,30 0 17,0 0 34,8150 480,9 0
10, i.0 23,9076 130v,729 40,5280 243.160,82 17,238 0 2,50,0 95,106 4 127,30 17,0 0 10, 0 60,1576 612,938 2
4,83 ,0 13.867,0 6,50 , 0 1,537,50 15,47.0 5,0,0
1,30 , 0 1,30 , 0
New
Total
-194
CAHARNTDE
Refundi g
$
17,560. 192,7 0 2,0 ,0 176.09, 0 52.30, 2,50,0 267 6 51765,60
453104,,639250
98,526 40 52,409.2 1 3,750
10 ,0
-
Capit l 17.56C0 192,70 2,0 ,0 175,3 0 52,30 2,50. 0 20,6 0 51765",0 513, 70
98,526 40
New
notes. notes. Agencis—*&.-> fuonbtadise Notes- manufctrig hoeldticng.,
16741.78 167,8901 17,560 290,73240 2,0 ,0 28,49.02 52,463750 2,50 , 0 26,~7ob6 67/96,178 682, 190
7 5,0
281,250 281,250
$
2,50,0 50,21 50
10, 0 23,9076 130,729 35,69 0 29, 3082 10,738 0 2,~50o76 93,568 4 1 ,8250 1,50 0 10, 0 57,60 76 562,7 92
53,69082 10,738 0 32,41 4
7 5,0 0
7 5,0
$
80,964 0
12,3/250 138,49 687 15, 0 35,01 37 30 ,0 150. 2,1G3 125,0 . 0 40 ,0 40. ,0 16,32 50 382,4950
$
Capit l 35,690 175,240 2,50,0 61,3750 1 ,8250 1,50 0 32,150
50 ,0 0
53,69082 10,738 0 32,41 4
1,30 , 0 1,30 , 0
$
289, 643
;[■
Refundi g 4,83,0 13,8670 6,50,0 1,537,50 15,47 0 5,0,0 2,50,0 50,21 50
-1948
8,239752 13,57023
19,435274 81,27163 25,0 0
1,250, 0
New
Total
94 ,50
3,9132 61,39460 2,35,0 170 760
1,825.0
46,97317
1,30 , 0 7,8 5,126 1,50,0 12,8567 180,436 63,46573
12.3,250 172,48601 15, .0 96,14957 30 .0 152.47,163 125,0 0 17,40 0 40, 0 16,832 50 463,1 960
51,60 597 83.652,163 25,0 0
:
65.4,237
150623,4,12305
682,543
85,4931 96,50 0 1 ,532 4 5,625,0 59,43 918 18,26.47 "56 76 230745 6 ,627 392,76 91
~
w;/?'
30 ,0 0
15, 0 4.57,950 67,5 0 10, 0 17,40. 0 40, 0 4,60,0 289,57 90
Capit l 15, .0 15,74.813 30.0 67,050 10, 0 40,0 40, 0
936,05128
49,6850 15,94.86 1,70,0
$
6,"9076 12, 0873
$
50,21 50 14,3850 1,348.104 40 ,0 16,34560
Refundi g 50,21.50
$
-1048
$
$
—1947
StFGfbtNoSPBiheOravrdpbogtamurnlelunangmicscpwyeflydsed.sk, FTMOAYFEPHINVRELS
FFFMMOTGFLAIANOOUPVHRECRRENIPEGMIDLGNT,
New
$
New
382,4950 10, 0 401,78 2 794,1327
480,9 .0 l.oO.OJ 51,72510 79,04172
$
-1946
6 6, 27
50 ,0 0
289, 643 2,40 61,32058 37,6021
New
97,80. 0 71,05 0 1,50. 0 48.50 175,0 0 1,4 756 6,90,0 12,78 50 425,3 0
Refundi g 96,50 0 70.91 5S4 21,04.950 17,68427
Capit l
—1947
$
750, 0
25,16420 34.80, "17,021 0 3, 7,920 30,71328 6,50,0
2,601,634 1,452,08 21,598025 2,415,926 2 ,973 0 51,04 35 17,650. 2,601,634 1,452,08 40,3 025 15,0 0 2,4157926 2 ,973 0
51,3820
$
$
18,0324 95,041 6 76,825
750, 0
4,0 0 2,731,0 1,837,920 13,4528 6,50,0
and
392,76 91 325,680 10,2350 728,4129
<
4,0 0 5,32.634 3,290, 0 34,93 07 8,915,926 23,7 370 76,205 37 362,450. 179.62 34 4.790, 0 71.043 07 15,0 0 8,915,926 23,7 .370
54,30 4.0 ,0
Refundi g 34.80, 0 130,29 0 1,50 , 0 17,368.0
Reiuad.ng 28,6958 7."85O7B69 7,6423 25,0 0
$
-1)46
362.450, 130.29,0 1,50,0 36,10 0 15,0 0
$
-1943
6.02 ,0 19,50 35
51,3820 35.2T75 Io,a2 yo5
$
52,409 2 1 3,750
10 ,0
281,250
1,056,250
167459,28 167,0894 17,560. 290,73240 2,0 ,0 27, 4.02 52,463750 2,50,0 267 ",0 67514,928 681, 5940
manufctrig- hoeldticng., manufctrig- hoeldticng., manufctrig- hoeldticng.,
AOFPRIL
APRIL bonadnsd _ boanndsd_ : boanndsd
gaBnkGovernm overnmtGv.-Municpcal—itSes,,Posein idnncluoodet LBonoga-nTedrms utiles secctooetpall,,,Equmiapnumfcterens-t anodiindausntridl;bueildtncgs, Inttvrreausdtmsinng,,Miscelanous SBNhooraton-Tdet«smRailroads utiles seccototepa.ll,,,Eqmuainpufmcterenst anodi indausntrdl —bueildtncgs, Inttvrreausdtmsinng,,Miscelanous utiles. scctooepaell,r,,Equmiapnumfetnt aacensordi.indausntrdl bueildtncgs, Inttrvreausdtmsinng,,Miscelanous utiles. cecctooetpa.llr,,,Equmaipnumfent aacensodriindausntrdl bueildtncg.s, Itntrrveausdtmsinng,,Miscelanous sceocrpuritate
OF
Long-term Short-em PrefsrtoecdkComstoockn- Long-termShort-emPrefstroeckdComstoockn Long-termShort-emPrefstroeckdComstoockn 'corp ate
toal
Corp ate-^ Domestic- Candian- foreignfaaInter ionlCndian oreignLoaannd USntiateeds •Tfighuersees
MONTH
MONTH
Grand
Total
Other
Other Farm
1!
Railroads Public Iron,
Motors Other Land, Rub er Ship ing
Oil
Total
Total
Public Iron, Motors Other Land, Rub er
Oil
Ship ing
Stocks- Railroads
Total
Public Iron, Motors Other Land, Rub er Ship ing
Oil
Total-
Railroads Public Iron,
Motors Other Land, Rub er Ship ing
Oil
Total
*
3
n
o
o
W
o
>
>
o
o
>
W
w
o
w
o
o
r1
OS
c
CO
cr
t—!
00
CO
Total
•
'
1,2705 4,0 0 158,064 46,12031 25,0 0
1,5436091
U7,38670 301,2 0 359,0 2
1,29 6 8
Refundi g 4,0 0 79,14056 8,508,432 25,0 0
17,386 0 285,0 ~6o 210,830
$
1,42570
-1945
986,570 2,65.0 41, 8065 24,73902 48,20 0 "Vo To o
Refundi g 831,72 86 2,14,0 192,843 5 15,62037 48,20 0
Capitl 47,380 9,250 10,0 3,120 28,0 0
Total
21416,,3060991,4077982
CJ1
CO
204,831
4,0-
4,0 0 1,839150 1,837,920 4,097146 6,50,0 24,1827 8,42 8 597,4250 531,4 150 32, 7920 103,65146 rYo 7o6 6,50,0 4,~3 275 24,1327
4,0 0
47,380 12,79348 1,52,08 15,73 5 28,0 0 3,590726 i,90 75 289,57 ,0
3,568,4 1,452,08 82,59 35 3,590,26 24,57 098
4,90,0 5,0 ,0
New
10 ,0 0
64,8905 54,13764 3,890 219,36501 28.0 , 0 10,3 926 9.~2Y7o5 53,7230
4,0 0 15,407634 3,290 126,9 501 10,9 26 48,723 0
9,23 ,0 5,0 ,0
$
$
-1
t-H
Refundig 597,4250 475,0 30,5 0 59,680 ~Yo~ 7o 5 4,32765
-1945
15,78943
462,01 0 136,90 12,50 0 97,045 0 279,50 13,9 0 1,4 ,50 14,26O756 17,28 50
2,50,0
125,0
2,6 5,0
139,0 841 8,205 0 40.967438 394,72 85 2,97460 5, 0 75 1,423.7 3,986 654,78967 462,01 0 278,0 41 8,205,0 53,46738 491,76985 302,4760 13,9 0 4,34,50 25,681/237 51.39,6
Refundi g 450,9 0 135,67 94 49.064,538 2 ,168427 13,9 0 50 ,0 7,3607 0 6 ,627
2,064,0
50,0 0
2,1 4,0
7.10,2931 5,625,0 "6897868 79,085 8
$
f
398,6250 67,150
$
-1946
HH
1—1
10 ,0 0
64,8905 48,730 30,6 0 92,70 28,0 0
$
456,0 310,5 87
New
$
*
t-1
16,950 148,90 2
Capitl 127,05 78,12~34 37,6159
$
Total
Total
■
'
$
-194G
60 ,0
52,"931797 2,"69725 7, 49, 52
208,463 1 450,9 0 247,35 2 5,625,0 "6897858 128,5126 2 .768,427 13,9 0 2,813,597
9.62^7 5 8,46 ,579
1,25439608
21,842093,36785,744766903558901SUPNtFGMhmugwicugpmlysfRDHBbPUSe$MIitcnvao2orapa,hlr3slnntpv8um6vciddeokf0sbd..e,y FYFMEAT3ITCUSSNOOIPNHRVHDARPUERSELAD 1,29816570,5793104,84243062.790
FYEATM3FLMFAGNIPOIUOHVDNAVRE0UCRNPSLDMGT,
51 ,0
Capitl 154,8 14 218,30471 27,1 59
$
90 ,0 0
New
Total
/VtH
J
1,0825, 0 61,325.0 18,3 2 168,0372
39 ,0 0
1,5067429
Capitl 804,362 58,09 0 13,4506 13,4965
39 ,0
10,273497
$
v
New
Total
-1948
$
1,786.41,0
1,40 , 0 146,7 83 24,39 268
Capit l 1,632.750
Total
135.0
$
1,457 90
94,801750 21,08973
$
CFORRPEIGANT,
OSUMFARY
Capit l 1.4093,20
New
15,0 0
281,250
Refundi g 48,2570
$
5,0 .0
135.0
135,20 1,2698
Total
15,0 .0
3,0 5,0 3,2 5,0
10 ,0 0
189, 60 72,813 0 36,50 0 8,50,6 324,750 27,30 25,960 12,0 0 198,7650
3,750, 0
1,30 , 0 1,40 , 0
Capit l 147,650 726,540 30, 0 8,50,0 307,89450 251, 0 14,60 12,0 0 189,2750
New
10 ,0 0
21,.07688.,5234493 233.78,94,4,640169.190715
Total
16,0 0 80.6 0 75,4 .974
2,5819.47 bStaniysQpuoufebrlicdy
$
198, .0 52.3890 76,50 6,39,0 327645 6 146.90 10.63 0 45,60 6 i74~056
}
Refundi g 37295/70 4,30. 0 eiso.o
$
ONAGRENUFPWID
-194
115,638,77463500
135,0 0
135,0 0
59,705 0 32,86470 19,80. 438.072 125.09 63 4,0,0 40, 0 I72~9 l67 31,70438
.
389,160
10,89257 42, 90 50,369.36 6,50,0 2,375 0 21,075 0 1,30 0 10.3,516 163,95 7
147,65 0 831,9 562 40,738 0 6750 ,6 410,9.706 36,9450 14,60. 12,0 0 i67o,6 25,47231
378,9264
413,250 175,0 0
143,7 82 24, 570 92,03.82 ~ io 76 o 4^2896 305,891523 198, 0 69,21862 10,8750 6,39,0 415,68^23 147.3 250 10,850 45,70~6o 156,~ f3,968
281,250 281,250
135,0 0
135,0
"11,660,5920!4787429
280,4756 2,1,3142997370568.358,74
189, 60 82,30 89 47,238 0 8,50,0 432,57 41 38,02150 25,960 12,0 0 io7 o,'6 235,1 74
105,3962 10,7380 102.35,06 15,72 50 10, 0 34,852 31
48,2570
New
CHAR TE
596,516
5,13,205
1,47259,0
Capit l 193,80 51,0432 76,50. 6,39,0 aiw'o 143,90 -3,820 45760 6 ni.To o 1,42 30
$
1,30 0 1,40 . 0
79,61 25 1,80,0 25,873564 3,0 ,0 35,412 53 30,6l70 25,0 0 708,930 9,2.1,786
*
109,38 098 10,738 0 107,8 41 15,72150 10, 0 35,4874
4,079,536
Refundi g 42. 90U 46,289 0 6,50,0 16,82.50 21,075.0 1,30 0 9,40, 0
$
708,930 4,621,40
69,57 427 4,710453
56,40 53,09 0 49, 3657 163,54.97 25,091630 3,20,0 1,291,07 37,89 72
$
—1948
16,0 0 287,5.0 762,3179
1,729.8543
$
1.046,0 30,84631 ,2580 52,74570 36,1859 79,06173 2,147903 16,05~1 2 42,93.78
28, 7910 2,580 40,"27 56 315,6 397 2,37460 i,T8~07403 9/L5 12 26,3 914
59,750 61,3250 19,0 84 168,25 25,091630 3,20,0 2,0 ,0 42,51 72 360,9 741 61,50 0 57,3604 2,80 0 473, 5 125,091630 35,061 0 65,0 0 2~0 70 140,9)6172
New
4,150, 0
51 ,0
46,320
1,5 0, 0
1,50
Capitl 59,70 273,418 3 19,80 27,9305 10. ,0 1,20 0 40, 0 37,2641
48,70695 206,750 7,25,817 26,71 6
94,80175 210,8 523
20 ,0
$
40 ,0
248,510 6,895 46
163,95. 7
1,40,0 14,2036 237, 216
New
1,4296758
38,7250 1,2385172
Refundi g 1,80,0 183,0917 3,0 ,0 20,71695 30761,0 25,0 0 1,635 86
$
$
-1947
10, 0 6,830 1,067153 21,0 0
2,319706
Refundi g 153,746 0 5,13,205 4,67,052
$
—194
5,0 0
20 ,0
Total
358,7453 82,1 0 45,0 0 15,30 16,3 189 29,0 0
Refundi g 275,89631 3,25,0 49,26.458 29,60.57
61,50 0 456,1 950 2,80 0 30,675 0 10, 0 31,86 10 65,0 0 38,90 0
75,0 0
436,0
$
New
10,273497 t82,1 0 5,0 0 18,960 1,023 42 50, .0
$
—1947
1,046 0 1,52 406 12.50, 47,980462 57,31573 ~94 :750 6,~9o 76o 16,20873
Capitl
57,4150 24,93857
■'
O
37/^95,70 "03740 0 6,8o76o ~ 281~,250
2,06349
41,87,7306589254-f
413,250 175,0
143,7 82 24. 5,70 92.0382 "Y657 5 4.97,18 305,61273 198, 0 658,92 8 10,8750 6,39.0 1/ 8,23 147,3 250 4,05,0 45,~70 6 153/ 2,713 1,72985473
4
"...
AE3NPDR0IL boannotdedss stock stock boannodtedss stock stock foreign- bonanodtedss stock stock corpateIBntearanioklGovern forgeoveirng-mntGAavcnie_ds.&•Municptal—S.te,s,PSostaeiens dfuigluodresstbP$1roo5,v0nindcffse EA3NPDR0IL NBootaens-ds util—es eccotoparl,,manuf acesori inmadaununsftcrdtrilg beuticld,—n.gs, —_; httoreraludtscin.g,, NBootaensd-s utiles eccootpalr,,mnuf- acesori—Iindmaaunnsuftrcdtrilg bueildtcng.s, httrroaeulddtsiicnngg.,,, ; utiles- eccooptal,,manufctres oi.indamuansnutfrcdtlrig bueildtncgs, thtrroaeulddstiicnngg.,,, 1utiles cecooptalr,,manufces ori inmdaaunnsuftrcdtlrig bueildtncgs,' httrroaeulddstiicnngg.,,, sceocrpuritate
MONTHS Corpate- Domestic-— Long-term Short-em Pref red Com on Candi - Long-term Short-em Prefred Com on Long-term Short-em Prefred Com on
4
Total
Other
1i
Can dian
Loan
Other Farm
toal •These JIncludes
Grand
United
MONTHS Long-Term Railroads ste l,Equipment Maotnords
4
Public Iron,
Other nand,
Oil
Short-Tem Railroads ste l, Equipment and
Rub er Ship ing Investm n Miscelan ous
Public Iron, Motors Other Land, Rub er Ship ing
Oil
Investmn Miscelanous
Stocks- Railroads Public
Irsoten,l, Equipment Moatnords
: Ship ing Investmn Miscelanous
Other Land, Rub er
j'^svTr IJS' ',
.
Total
Total-
ste l,Equipment and
* Bhip ng Investmn
Public Iron, Mot rs Other — Land, Rub er
Oil
Miscelanous
Total
6,
.
THE
(2098)
COMMERCIAL
*2,000,000
(Continued from page 3)
Details of New
;
,
Capital Flotations
i
<
RAILROADS
,
equipment trust certificates,
semi-annually Nor. 1, 1949 to
purchase of equipment. Priced to
yield from 1.35%
to 2.525% according to maturity. Of¬
fered
by Halsey, Stuart Si Co.
Inc.; R. W. PressprlcU
& Co.;
A. G. Becker Ac Co. Inc.; Hornblower & Weeks;
Otis & Co.; L. F. Rothschild Si Co.; William Blair & Co.;
First
of
Michigan Corp.; Freeman & Co.; The Illinois
Co.; Win. E. Pollock & Co. Inc., and McMaster Hutchin¬
'
2
Vi %
<'« >
'
Co.
/
and
Iowa,
1S79.
ment
*$1,600,000 Douglas
*'
'V
used
Inc.
3»/«%
Si
1st
;
V;
r.
Si
Si
Lynch;
Jackson
by
&
Price,
Co.;
A.
Curtis;
Inc.,
*50,000,000
Brothers;
Dain
M.
Masten
H.
Si
Life
Co.;
Si
Penn
of
Co,;
Si Co.; Horn¬
Co.; Laurence
Leonard
Securities
Corp.; .Glore,
Mutual
Life
.>'/•; f////■:
^
Otis
Co.;
&
Thomas
$25,000,000 Bell
&
3.056% ),
Co.,
Cummins,
Whcelock &
and
&
due
tures,
parent
Price*
company.
Loeb
&
101.77
*3,500,000
Tucson
3'/b%
Dominican
minican
School
33/8%
1979.
Hills
bonds,
construction.
Price,
Equitable
Life
through Dillon,
100.5%
&
interest.
and
Co.
Power
debentures,
bonds,
loan
banK
Co.
terest.
exr
500,000
3.20%
privately
Inc.
i;
cf
St.
of
by
COAL
COPPER,
INDUSTRIAL AND
*$1,000,000 Atlas Imperial
1951-1963.
Purpose,
insurance
an
Diesel
the
G~cat
serially
Priced
to
yield
to
of
Do¬
Friars
High
April
15,
from
C.
Province
Miner,
by A.
of
by Merrill Lynch,
Benedict
Price,
Keenan
Si
of
Pierce, Fenner Si Beane.
Crookston
due Jan.
1,
Purpose, con¬
maturity.
Offered
100.101,
according to
Inc.
Clarey,
3-3I/4-31/2%
(Minn.)
1951-1959.
SHIPPING
A-C
Ships,
politan
ETC.
Inc. 3Va%.
MANUFACTURING '
4V2%
Engine Co.
sinking
corporate
Barge
July
and
barges.
of
15,
Line
Sold
3Va%.
Co.
1950-1964.
Sold
fund collateral trust bonds.
tankers.
privately
Metro¬
to
Co,
1st
Purpose,
privately
pfd.
mtge..
due
of
purchase
Prudential
to
seri¬
towboats
Insurance
Co,
America.
*3,600,000 Mississippi Valley Barge Line Co. 4%, 1st pfd. mtge. bonds.
Purpose, repay bank debt, working capital, etc.
Price,
par.
Sold privately to a.group of insurance companies.
15,
Sold privately
purposes.
Insurance
ally
«
due Dec.
note,
Life
*1,000.000 American
America.
OTHER
Jan.
repayment
Albert
due
$2,500,000
plant expansion.
oi!
Co.;
Aquinas-Fenwick
bonds,
Order
notes,
to
15-year loan, due April
Purpose, supply long-term capital for completion
Sold privately to Prudential Insurance
1, 1934.
,
Co.
Insurance
maturity. Offered
Ketcham & Nongard.
and
Corp.
STEEL,
St.
Thomas
construction.
Fathers.
coupon
struction.
and
Inc.,
Co.,
Si
Life
The
Mutual
Insurance
Morgan Si Co. Incorpo¬
Insurance Co. of Pitts¬
Life
mtge.
according
,
Offered
Sisters
mtge. bonds,
construction.
Sold
Blyth
by
St.
1st
Purpose,
to
serial
maturity.
to
due
series
Co.;
the Most Holy Name, New York. N.
Y. 23/e-31/2%
direct
obligation serial notes due semi-annually March 1, 1950Sept. 1, 1961.
Purpose, construction.
Price, 100 and in¬
Life
finance
and
P.
Province of
of
3'/4%
Franciscan
*$16,000,000
to
$20,600,000
company,
:
.
MISCELLANEOUS
*10,000,000 Avco
•4,000,000 Central
series,
Arizona
due
Light
April
Co.
Power
&
1st
3%
bonds,
mtge.
1979.
1,
Manufacturing
rate
Purpose, finance construction.
Priced
to
yield 2.95%
to
the .investor.
Sold
privately
by the First Boston Corp. and Blyth & Co., Inc.
through
•1,000,000 Coast
due
Counties
1980.
vately
E'cctric
&
Mutual
Commonwealth
3%
Co.
1st
Life
Edison
Insurance
bonds,
Sold pri¬
York and
mtge.
;
April I,
Lynch,
Dick
1999.
Pierce,
&
Fenner
Tucker,
&
Si
&
Securities
Webber,
Hirsch & Co.;
Securities
Stroud
&
Greene,
Ellis
Co.;
Field,
&
Anderson;
McDonald &
Richards &
ston,
Lemon
weather
Corp.;
&
&
Inc.;
&
Inc.;
Co.;
Hutton
&
Co.;
Shepard
Chas.
W.
&
Co.;
Piper,
&
Kalman
Jaffrav
Co.,
Inc.;
Scranton
&
i
150,000
Newbold's Son
&
Sullivan
Si Co.; Butcher &
Sulzberger & Co.; Johnson,
well,
Inc.;
Metropolitan
Stix
&
Co.;
Wurts,
Codings
and
Mason,
Inc.;
Dabney
&
El
Natural
Paso
series,
Co.,
Dulles
and
Gas
Co.;
&
Taylor
Harold
1st
Co,
Yarnall
Coe;
&
<fe
E.
mtge.
&
&
&
C.
*15,000,000
Insurance
Co.
Insurance
Co.,
of
New
Sun
York,
Life
and Northwestern Mutual Life Insurance
10,000,000 General
1964.
and
tis;
Telephone
4%
and
due
advances
&
Webster
Blyth & Co.,
Baird
Graham,
&
Langley
&
&
Merrill
Co.;
Co.;
Moseley &
Witter
Si
Co.;
Co.;
Kidder,
Inc.;
Co.,
Parsons
Securities
Inc.;
Si
Lee
Central
Co.;
pose,
&
Higginson
Lynch,
Shields
Corp.;
&
Co.
Weeks;
Laurence
of
M.
■
j
and
(Purpose,
&
v
1
'
Gas
i
,
1st
E.
Hutton
Co.,
Penn Mutual Life
$2,000,000 Mississippi
1979.
G.
Marks
3'/s%
series,
Si
t
and
C.
Allyn
&
notes,
• '-.
.
rtocks
of
stocks
Dec.
Corp.
1972/
1,
M.
./■// :;////■/
41/4%; sinking
Purpose,
Price,
purposes.
H.
Co.,
due
fund debenbank Iran and
retire
Sold
102.
privately.
' A.-
Jan.
PUBLIC
1,
Co.
3%-
Corn.
>
and
par
notes,
due
..
interest.
-
by
Paine,
uns£cured
capital.
Sold
+2,000,000 Central
<
i
Hudson
4.75%
>
April
Corp.
1,
loans,
to
25-year
1974.
yield
-:v
r
/ '
'
Si
Hornbiower
Beane;
Si
'privately
to
Si
Co.;
finance
prepayment,:
Price/
Offered
bv
&
fered
10.400,000
Glore,
Merrill
Co.;,
,
-
/
.
V.
Brown
W.
&
&
&
Milwaukee
,1
Co.;
Co.;
Baird
&
&
Price,
-
,
,
Blair
Hayden,
Maynard
Miller
&
Murch
Co.;
&
Kebbon.
'a
&
/
Co.;
&
&
Co.,
Inc.;
Loewb &
Fairman
Schenley
April
1,
loans.
Sold
America,
Mutual
of
New
due
privately
New
Life
York,
Inc.
March
York
New
to
Life
Insurance
3.20%
1,
promissory
notes,
\y
v
Mutual
■
&
and
6.475,000
&
i
'
.
V
of
loans,
share.
Of-/
shares
per
/
../ //
shares
Offered
Co.;
First
Rothschild
Co.
&
(Inc.);
Co.;
&
Si
:&
Sons;
of
$2.20
by
Putnam
Estabrook
Boston
Co.;
&
Corp.;
Harri-
Co.;
Equitable
Securities
Mason-Hagan,
The' R.
Meeds;
Whiting, Weeks & Stubbs;
Baker,
Watts
Si
Co.;;
& Sherrerd;
Central Re¬
Redpath;
Butcher
F.
Inc.; |
stock
(par
share
10,000 shares of
$100).
and
Griggs
Corp.;
Riter
Si
John
C.
Laird,
Co.;
Idaho
4"%
Co.;
cumulative preferred
expansion,
Purpose,
dividends.
Offered
by
etc.
Price,
$100
Si
Daly
stork
(par
Wegener
<♦
Power
Co.
260.000
shares
of
common
Purpose/expansion,. etc.
Price. $32,375 per share.
by Blyth & Co., Inc.; Lazard Freres & On., and
Wegener & Daly Corp.
.
Offered
,
Co",
,
Pomeroy,
..
Co.,
&
$20)
dated
Insurance
$33.50
200,000
dividends,
The
Co.;
Corp.
Inc.;-
Co.,: John Hancock
Life. Insurance /Co./
Mutual "Life
Co.
Scranton
&
Parker
per
1969.
Insurapce
Co.,
W.
1,000,000 Idaho Power Co.
Purpose, prepay bank
Prudential" Insurance' Co.- of
England
Price,
&
Hincks Bros. &
Co., Inc.; Coburn Si Midd'ebrock, Inc.;* Day, Stoidard Sz
Williams, Inc.; Gaynor, Cleraence & Co.,
Inc.; Smith,
Ramsey
&
Co.,
Inc.;
Whaples,
V.iering
&
Co.;
Eddy
Brothers Si Co.; G. L. Austin & Co., and T. L. Watson
Si
(Jo.
,
'
j
Reinholdt Si Gardner; Riter & Co.; -WatCo.;
Merrill,
Turben
&
Co.;
Moore,
Pacific Northwest, Co.; I. M. Simon
Industries,
share
per
Chas.
Stanley
L. F.
Bissell
Wood
1949,
Co.;
Legg
&
Harris, Inc.; Wheelock Si Cummins,
& Co,, and Wood, Struthers Si Co.
$52
public
The"
Lynch;
&
E.
of
Purpose,
short-term
repay
stockholders.
by
Power
&
464,912
Co.
Purpose,
additions-
Light
Alex.' 3rown
Singer, Deane & Scribner; Swiss American Corp.;
Emerich & Co. Inc.; Barret, Fitch & Co., Inc.;
Harold
Ilhiminatiiig
Auchineloss,
Mc-
Co.;
$100>.
Webber, Jackson & Curtis; Shields & Co.; Clark,
Dodge & Co.; F. S. Moselev & Co.; E. H. Rollins & Sons
Inc.;
Spencer
Trask
&" Co.;
Tucker,./ Anthony & Co.;
Dean Witter & Co.; Cooley & Co.; Dominick & D~minick:
Hornblower & Weeks; W. E. Hutton & Co.; Wertheim
&
W.
Clarke Corp.;
Julien Collins & Co.; J. M.
Dain Si Co.;
First of Michigan Corp.; Kirkpatrick-Pettis
Co.; Miller, Kenower & Co.; National Co. of Omaha; Sills,
*75,000,000
..
Co.;
Piper, Jaffray & Hopwood; Reynolds &
Weeks & Harden; Bosworth, Sullivan & Co./
Kalman
sh-ires
20,000
(par
Paine,
•!•
Co.;
Co.;
Webster
Si
Inc.;, Smith, Barney & Co.; Blyth is
Co./Inc.; Drexel & Co.; Kidder, Peabody & Co.; Goldman,
Sachs &* Co.; Stone & Webster Securities Corp ;
Union
Securities Corp.; White, Weld & Co.; Lee Higginson Corp.;
Bacon,,Whipple
H.
Corp.
stock
Schoellkopf, Hutton
Rhoades Si Co.
'
par).
subscription
Ripley
man
.
V-
Allyn
Inc.;
Co..
are
stock; (no >par.)Purpose; -finance' extensions.
Co.;
Morgan
H.' M. Byllesby and Co.
(Inc.); Laird, Bissell & Meeds;.
Co.;
Co.;
Loeb,
(no
property
for
preferred
Sons;
Dean Witter & Co.;
Blair
Co.;
Lerchen
Leonard
&
&
William
&
Electric
stook
Connecticut
&
Lynch,
A.
Electric
&
preferred
Estabrook
^ 15,574,552 Cleveland
3Va%: sinking
Weeks;
Wertheim
Robert
Gas
cumulative
Inc., and Carl M.
/*./
construction.-'
3.05%.
pre¬
stock
short-term debt used in expansion of properties/ etc.
Price, $103% and dividends.
Offered by Kidder, Peabody
loan..,,Pur-;,'
Purpose,
finance
while
par,
common
repay
in-
Co.
Prcducts
due
at
of
Webber, Jackson & Curtis; Stone
Corp., and Mitchurn, Tully Si Co.
Securities
Of¬
,l/,1969i
March
taken
classes
UTILITIES
•
20-year
working
Co.;
Alex,
Estabrook
ling,
/
'/' /■,
are
$2,000,000 Associated Telephone Co.. Ltd. 100.000 shares of 5% cumu¬
lative preferred
stock
(par
$20).
Purpose,
capital ex¬
penditures. Price, $21.25 per share and dividend*.
Offered
Morgan,
sinking fund deben¬
purchase of control of
Price,
vaiue
par
Inc.
program.
through
stated
a
no
psr value and all
computed at their oftering prices.)
5%
Purpose,
Insurance
Co.;
Walker
Co.;
- •
cf
corporate
modernization
investors
Co.
stock.
bank
&
Inc.;
Cormick
due
Co.
due
Gas
STOCKS
Richard
Power Co.
1st
mtge. bonds, 3%
series, due
Purpose, construction.
Price,. 100.50 and interest.
by Otis & Co.; Dempsey & Co.;
Patterson, Cope& Kendall,
Inc., and Thomas & Co.
Offered
land
Insurance
A.
Purpose,
promissory
(Inc.); Central Republic Cq.
C.
Co.; Stix & Co., and Watling
bonds.
Propane
corporate
ferred
V/stye ,sinking
&
1st
mtge.
Hqrrman & Co.; E. F.
Meeds; W. C. Langley &
&
Carl
$51,055,000
due'
and Co. Inc.; A. G. Becker & Co. Inc.; Emanuel/Deetjen
Co.; Hemphill, Noyes & Co.; Lee Higginson Corp.; Wi
;
Ames,
Co.
Inc.;
Si
loan,additional
Offered by
Co.
1959.
through
1964.
loans,
man, Dillon &
Pierce, Fenner
(Inc.);
Purpose, repay notes, etc., and finance construction
program.
Price, 99%
and
interest.
Sold
privately
to
Co.;
-' //.//■
tures,
Corp.; Goldman, Sachs & Co.; Hayden, Stone &
Co.; Kidder, Peabody & Co.; W. C. Langley & Co.; Lehman
Brothers; Smith, Barney & Co.; Stone & Webster Securities.
Corp.; Union Securities Corp.; Dominick &.Dorujnick; East¬
Co.
1971.
Henry
Bissell
&
Co.
other
Boston
J
mtge. 3%% bonds, due 1976.
finance construction. Price, par. Sold privately.
•1,000,000 Harrisburg
&
-
j
Forgan & Co.; Harriman Ripley & Co., Inc.; Blyth & Co.;
Inc.; Kuhn, Loeb & Co.; Morgan Stanley & Co.; The First
Baker,
Co.
1,
interest
Illinois
Service
1,
Color
Milling
and
Co.;
&
Murch
&
Distillers
The
Public
Baker,
Inc.;
G. Becker Si Co.
A.
Loeb, Rhoades Si Co.;
Pierfce/ Fenner & Beane; R. W. Pressprich
interest.
■
debentures,
notes
101.31
1,
&
Co.; Merrill, Turben Si Co.;- The Milwaukee
Maynard H. Murch & Co.; Pacific Northwest Co.;
Rauscher,
Pierqe, Si
Co.
Inc.;
William
R.
Staats
Co.;
Ball, Burge Si Kraus; William Blair Si Co.;
Campbell,
McCarty & Co., Inc.; J, M. Dain Si Co.; First of Michigan
Lerchen
bank
and
Refining
&
2.90%
Chemical
Co.;
Corp.; Carter H. Harrison
bonds,
mtge.
working capital.
Sold privately to
investors through Kidder,, Peabody
Co.
Cormick
•1,000,000 Gulf
retire
100'/4
institutional
Paint
repay
fund
subsid¬
W.
Co.;
Weeks
•
increase
40,000,000 National
Fenner & Beane; F. S.
Co.; White, Weld & Co.; Dean
Sullivan & Co.;
Kebbon,
Mc-
Bosworth,
1st
Co.
&
1,
&
Co.; Spencer Trask & Co.; Union Securities
H. Walker &. Co.;' Watling, Lerchen & Co.;
Co.; White, Weld & Co., and Dean Witter
/ Wertheim
%
Equitable
to
States."
interest.
Loeb
<fc Co.; Riter & Co.; E. H. Rollins &
Salomon Bros. & Hutzler;' Shields & Co.; Smith,
Sons Inc.;
*1,055,000 Suburban
1964.
April
and
99.35
Kmhn,
Reynolds
Barney &
Corp.; G.
pri-
1,
Allyn
Co.;
&
Laird,
Freres
Lynch,
Co.;
common
Pierce,
&
5%
construction
Metropolitan Life
Mitchum, Tully
Peabody §i Co.; Robert
Republic
Co,
to
common
stitutional
Corp.;
Hornblower
&
by City Securities Co.
Purpose,
'
•
3%%
April
due
April
*20,000,000 Mathieson
help latter finance expansion, etc.
Price, 102.25
interest.
Offered by Paine, Webber, Jackson & CurStone
April
Noyes
Co.;
Si
Merrill
refund.Offered
-
Canada,
to
due
fered
Co. of Milwaukee.
debentures,
in
Purpose,
Smelting
Purpose,
*3,500,000 International
Mutual
of
Hemphill,
Co.; Lazard
April 1,
Purpose :(re¬
privately
United
12-year
privately
privately
company's
to
Co.;
W.
Corp.
Purpose,, investments
iaries
Co.
Sold
Heinz
J.)
tures,
v.;
'
Massachusetts
Assurance
Sold
the
of
due
C.
A.
due
Price,
Bear, Stearns & Co.;
Hutton
•'
trust
dated
1953-62.
notes,
Stanley Si Co.
Purpose, construction
of
pipe lines.
Sold privately to Equitable Life Assurance
Society of the
United
Slates, Metropolitan Life Insurance Co., Mutual
Life
3%
Price,
Bros.
| 300,000 Indianapolis
&
Townsend,
bonds,
(II.
1969.
1964.
Life
loan,
1,
debentures,
Inc.;
Co.
debentures,
Sold
C.
Horner
Co.
line
1961.
capital.
purposes.
Co.,
and
Co.;
Inc.;
Co.,
pipe
Inc.
15,
Ohio
fund
Co.,
Haven
Scott,
Wood
,/iV
Offered
collateral
iPreferred
Stringfellow;
&
3%%
Co.
purposes.
Society
Brass,
*750,000 Goldsmith
Robinson-
De
Space
Scott
and
2%%
Blyth & Co., Inc.; Estabrook & Co.; Glore, Forgan Si Co.;
/ -Goldman, Sachs Si Co.; Harriman Ripley Si Co., Inc.;
Co.
Corp.
corporate
working
*
Lane,
Co.;
Mackall
Inc.;
Strader,
Tyson,
due
Louis
St.
<fe
Chemical
Container
Glauber
The
Boettcher and Co.; Bosworth.
Sherrerd; Cohu & Co.; Hallo-
Co.;
mtge.
Brothers;
Si Harden;
,
/
:
'
1st
payable annually June
Assurance
March
t
Townsend,
Crouter
&
Bodine;
Elkins,
Morris
&
Co,;
Goodbody Si Co.; J. J. B. Hilliard & Son; T. H. Jones
&
Co.;
Kirkpatrick-Pettis Co.;
Minsch,
Monell
&
Co.;
H.
Price, par and interest.
Co.
Corp.
•
Hopwood;
&
The
Co.:
,
»
Co.
Fire Brick
Almy
&
and
Life
Stark¬
Co.;
&
Boyce; Swiss American
Fahey, Clark & Co.; Henry
Co.;
F.
Turb&n
Hawley,
Humphrey
Bros,
&
&
Lehman
.'
pri¬
,
Financial
T.
Purpose, working capital.
Offered by, Dillon, Read & Co.
deben¬
Sold
'
I.
1959.
Hayden,
Co.;
Marks
M.
fund
purposes.
$550,000(; capital purposes ($550,0001.
Sold
vately to Massachusetts Mutual Life Insurance Co.
Weeks & Stubbs;
Marache & Co.; John¬
Granbery,
Stein
E.
Haupti &
sinking
corporate
funding
;
Whiting,
Laurence
Watts
Co.;
Merrill,
Prescott,
Co.;
Co.;
Baker,
Herrman
Co.;
Ira
Co.;
$50,000,000 C.
debentures, due serially to April 1, 1959,
Cunningham
K.
*7,500,000 Gaylord
v
:
5 Purpose,
Corp.;
Co,,
S.
1949
Horn¬
McLeod, Young, Weir, Inc.; Auchineloss,
Parker Si Redpath; Robert W. Baird & Co., Inc.; Blunt
Ellis Si Simmons; E. W. Clark & Co.; Julien Collins Si
Co.; Francis I. duPont & Co.; First of Michigan Corp.;
3%%
Co.
working capital.
(Pa.)
*1,100,000 Dewey
Curtis;
&
Co.;
Miller &
by
Inc.;
Burr,
Corp.;
Jackson
American
Co.;
Whipple & Co.;
Wecden
Coffin
Beane;
Equitable
Paine,
Anthony
Bacon,
&
Merle-Smith;
Mills
Purpose,
bonds, due serially April 1, 1951-57. Purpose,
Priced from 98-100, according to maturity.
ing.
Purpose,
&" Weeks;
blower
Purpose,
5%
Co.
3%
Co.
1961.
j by Heronymus &
i, "
225,000 Climax
sinking fund debentures,
working capital. Price, 101.30
and interest.
Offered by The First Boston Corp.; Drexel
& Co.; Eastman, Dillon Si Co.; Lehman Brothers; Merrill
due
corpo¬
..
*
expenditures, etc.
Insurance Co. of New
Mutual ;Life
Hancock
Flouring
due
Purpose,
vately through Kidder, Peabody & Co.
65,000 Clarvan Corp. 6%
capital
Purpose,
to
John
Gas
mtge.
3%%
construction.
Sold pri¬
loan.
15-year
privately to two insurance companies
Brothers and Emanuel, Deetjcn Cp.
Lehman
*1,500,000 Centennial
1st
Inc.
Corp.
Sold
purposes.
tures,
*1,200,000 Central
Louisiana
Electric
Co.,
bonds, series D. Purpose, finance
vately.
&
3%%
mtge.
Insurance
Boston
Inc.
W.
corporate
Co,
due
A,
and
1,000,000
*$2,000,000 Signode Steel Strapping Co. 33/4%
privately
United States
Inc.
Light
&
series
construction
1st
3.025%
Life
IKON,
3%%
25-year sinking
15, 1974.
Purpose,
of notes.
Price, 100
and interest.
Sold privately to Equitable Life
Assurance
Society of the United States through Dillon, Road & Co.
Hi'ls
fund
finance
yield
First
Co.
•1,000,000 Black
Co.
Purpose, repay
privately.
General
Life
Aetna
BUILDINGS, ETC.
Purpose, building of cil
Sold
the
rale
Mutual
Life
Co.;
Mutual
Canadi;
England
New
Mutual
J.
Reliance
Fathers,
1950-1959.
$192,177,000
30-year 1st mtge,
Purpose, finance
Society of
Assurance
Read
The
v
,
Purpose,
Hancock
John
to
Co.;
Insurance
of
Insurance
Co.;
Provident
Connecticut
College
Inc.
2.35%
by
Offered
Freres & Co,
Power & Light Co,
series
D, due Jan.15,
Black
fo
York
New
%
interest
(average
Gas, Electric Light & Power Co. 1st
series
due
1979.
Purpose,
finance,
Priced
r
loan
annually.
privately
Power
1, 1978.
pansion. Sold
Inc.
interest.
and
and .Lazard
Co,,
Water
Feb.
Co, of Pennsylvania 25-year 3%
deben¬
April 15,
1974.
Purpose, repay advances to
Co.
Co.
Travelers
Insurance
Assurance
LAND,
$1,000,000
Co.
*1,500,000 Tide
Co.;
Line
$1,000,000
Sold
;
Walter Stokes
Co.;
Si
due
purposes.
Insurance
Telephone
Kuhn,
to
Brothers
Stern
Pipe
Texas-Empire
The
Co.;
Life
York
John Hancock
Assurance
$52,350,000
and -White,
Co.,
&
Forgan
Life
trustee;
as
New
trustee;
as
Co.;
Philadelphia;
Boyce.
Co.
&
others:
and
Co.;'Sun
Insurance
rated,
burgh.
Electric
Union
Co.
&
(Indiana)
T'ust Co.,
Continental
Service Co. 1st mige. bonds, 2la'/t
series,
due
J979.
Purpose,
lepay
short-term borrowings, con¬
struction,
etc.
Price,
101.108 and
interest.
Offered
by
$8,000,000 Texas
Roberts
Insurance
Life
&
Bros.
debentures, due March 1, 1954.
corporate-purposes.
Price, 100 and in¬
Peters, Writer Si Christensen Inc. and
Co.
Oil
Insurance
Co.;
Paine, • Webber,
Schoellkopf, Huttcn Si
Murch
Riter
Stein
and
•'
by
Simcnds,
companies
Moore,
Co.;
Si
notes/
secured
retire bank loans,*
through Lehman
\
2.90% promissory notes, due
1; 1979.
Purpose, working capital.
Sold privately
through Morgan Stanley & Co. to the following insurance
and
&
serial
privately
April
Whipple
Bacon,
J.
Inc.;
Co.
E.
genera]
Standard
Assurance,
100.59
414r%
Purpose,
-
''
.
Offered
Sidlo,
Co.
3% 1 bonds,
mtge.
program.
Lehman
Maynard
Si
Pomeroy,
terest.
mtge.
bonds,
improve¬
Marache Si Co.; Hayden, Stone
Weeks; Ladenburg, Thalmaun &
&
Purpose,
Life
Bankers
1st
California
of
Frontier Refining'Co. 5^2%
Purpose, payment of short-term notes,
Becker
G.
Marks
M.
3%%
Co.
Bankers Life
conducted
on
%
101.036 and interest. Offered by Peters, Writer & Christensen, Inc. and Sidlo, Sunonds, Roberts & Co.
t
s-
■
150,000
and
Equitable Life
to
Corp.
construction
Offered
A.
Co.;
blower
sinking fund deben¬
1/1974. Purpose, repay short term notes,
construction, etc.
Price, 102 Ve and interest.
Offered by
Halsey, Stuart & Co. Inc.; J. C. Bradford & Co.; Burr
& Co., Inc.; R. L. Day Si Co.; Green. Ellis & Anderson:
Gregory Si Son, Inc.; Hill Si Co.; Mullaney, Weils Si Co.;
Light
&
were
Refining Co. 5%
1st mtge. bonds, due serially
1950-1959.
Purpose,
general corporate purposes.Price,
-
States,
Electric
Co.
Allyn & Co.,
$$8,300,000 Arkansas Power
tures, due May
Pittsburgh,
600,000 Frontier
Minneapolis,
Bankers
Co.,
In .urance
Oil
;
Brothers.'
bonds"
mtge.
Bahk.;of
Savings
Lite
United
finance
to
Granbery,
*15,000,000
UTILITIES
of
.
\.V"
30-year
Sold privately
the
of
interest.
PUBLIC
Co.
by The First Boston Corp.
company
final maturity Feb. 15, 1955.
knlan expansion, etc.
Placed
,
Telephone
Corp.
3Vs%
1st
finance construction
Gan &
series L, due 1979.
$17,560,000
,
the
$176,090,000
""
•> i
,
Purpose,
program.
Society
Weld
.
/•-
.
Insurance
Moines/' Negotiations"
Des
bonds,
Moines, Iowa, Equitable Life Insurance
The Minnesota Life Insurance Co.
$16,677,000 Rochester
of equipment.
Priced to yield from 1.25% to
according to maturity. Offered by Halsey, Stuart
Si Co. Inc.; R. W. Pressprich & Co.; A. G. Becker & Co.
Inc.; Gicgory Si Son, Inc.; Hornblower Si Weeks; F. 3.
Moseley Si Co.; Otis & Co.; L. F. Rothschild Si Co.;
First of Michigan Corp.; Freeman & Co.; Graham, Par¬
sons
& Co.;
Hay den, Miller & Co.; Hirsch & Co.; The
Illionis Company; Wm. E. Pollock & Co., Inc.; McMaster
Hutchinson & Co., and Mullaney, Wellfe & Co.
*24,000,000
Co.
National
*2,500,000 Pennsylvania
purchase
$50,000,000
Co.
Mechanic?
<fc
Des
of
of
;
,
2.70%
?
3%
mtge.
1, 1379.
Purpo^, finance construction.
Sold,
to The Mutual life Insurance Co. of New York,
Provident Mutual Life Insurance Co. of Philadelphia, The
Farmers
RR. 2'/2% equipment trust certificates, ser¬
ies W, due $660,000 annually Nov. 1, 1949-1963.
Purpose,
•1,500,000
&
Tail'Power
Northwestern
■%-
19,990,000 Pennsylvania
.
Smuhers
S.
1st
privately
of equipment.
Priced to yield from 1.50%
to
2.60%
according to maturity. Offered by Salomon Bros.
&
Hutzier;
Drexel Si
Co.;
Union Securities Corp., and
Co.,
Co.
March
due
'
purchase
""V.
F.
due
&
;
.
Life
of
behalf of
due 1979.
Purpo'/c, linance construction.. Price, 100.75 and interest.
Offered
by
Equitable
Securities
Corp.';Lee' Higginson
Corp.; Carl M. Loeb, Rhoades & Co,; Laurence M. .Marks
Si Co.;
William Blair & Co.; Granbery, Marache & Co.,,
*3,000,000 Otter
Purpose,
12,050,000 Indiana Harbor Beit RR. 2%%
equipment trust certif¬
icates, due $205,000 annually May 1, 1950-1959.
Purpose,
Stroud
Co.,
Philadelphia.
Service
Public
and
f
$276,000
due
1959.
y Co.
privately
.
Co.
&
son
RR.
Central
DD,
of
Co.
Reliance
improvements.
to. John Hancock
and* Provident "'Mutual Life
Sold
Insurance
Monday, May 16, 1949
1st mtge. bonds.
30-year
additions and
Purpose,
interest.
CHRONICLE
OIL
t
Later
Than Five Years)
1,
Life
Insurance
i
series
1979.
1,
100 and
$10,000,000 Ohio
Long-Term Bonds and Notes (Issues Maturing
May
April
Price,
Mutual
During April, 1949
$$5,520,000 Illinois
States Power Co. 3'/«%
Mountain
due
/
:
FINANCIAL
&
v
'
'Represents issues .placed - privately./.;-*:
vindicates issues sold competitively.
.
.
Volume
169
Number 4803
tio,000,000 Illinois
V
'
*.
V
Power
Co.
THE
200,000
shares
of
stock ,(par
$50).' 7Purpose,
rep^y
construction, 7etc.Price, $51.65 v per
loans,
1",
dividends.^
Offered
Beane;
Baker,'
1
-
A.
Weeks
William
C.
by
Allyn
&
Blair
Merrill
&
Co.
Lynch,
Inc.;
short-term
share
Pierce,
Bacon,
Fenner
Whipple
&
(Inc.);
Julien
Collins
&
&
■"
&
V
,
Vi
Co.;
man
c
.
M.
•
">.i
:
W.
C.. Langley
200,000
Inc.;
Brothers;
Marks
&
Carl
Co.;
Cook
Webber,
'
•
&
Co.;
M.
Loeb,
Merrill,
Higginson
Rhoades
Turben
&
&
Corp.;
Co.;
Co.;
282,724 Geneva
E;- H.
&
Jackson
Rollins
Co.;
&
&
E.
M.
Newton
Curtis; * R.
Sons
Inc.;
weather
*
F.
';
2"
Stein
Co.;
Bros.
6c
295,800 Kansas-Nebraska
cumlative
Boyce;
Stix
Natural
preferred
Gas
stock
Co.
(no"
share..
Co.;
Co.
/
shares
Purpose,
etc.
property
additions,,
Offered
by Cruttenden &
at
.
1,611,948 Mountain
stock
States
tions,
Co.
50,770
shares
of
par).
etc.
Purpose,
Price,
Pierce,
retire
$31.75
Fenner
share.
per
&
Beane;
west
..v.r
Co.;
Schwabacher
Walston,
Hoffman
Bateman.
;;
'borg
*
Eichler
Co :
&
&
&
&
Co.;
CO.;
Mitchum.
E'.
Davies
Tullv
Inc.;
William
Goodwin;
&
&
I
of
capital
parent
stock
<
shares
by
Staats
Price,
taken
11,977,000 Northern
stock
by
Irving
Pacific
Co.
'.vV,s-;
-V
Lund-
Gas
S10).
Price, $29.50
stockholders.
by
.
&
&
6c
Co.;
Smith,
Co.;
,
;
..
share.
per
'
;«
Offered
for
77-";'
Bear,
Central
-
.
361,840
shares
Stearns
subscription
&
Co.;
Republic
stock
common
expenditures. > Price,
Co.;'
;C;V
R.
of
St.
&
McDonald
&
Co.;
1
California;
William
R.
Vercoe
Inc.;
6c
W.
Staats
&
6c
Co.,
Newbold's
Son
&
Raggio
Reed
Brothers;
Barrett,
Brashears
&
G.
Simon
Wheelock
Wu'ff,
&
&
and
&
Co.;
Anb
pri
Co.,
6c
Co:;
Joyce
&
,253,980 Oklahoma
stock
Gas
Orange
&
Harold
E.
&
&
Co.,
The
Co.,
Wood
&
Pacific
$25).
Co.;
&
Swift
Gas
&
C.
Hooker
Co.
finance
38,984
Diego
preferred
Co.
company.
dends.
Offered
Inc.;
Co.,
Smith,
Dean
.
.
-L/
7 .'
$10).'
J
Co.;
Witter
&
Eichler
Hall
{
.-.p.
_
by
&
&
&
,
-
740,401
♦" V"
7
&
.1
&
;
^
by
2,500,000
common
$20.45
per
Blyth
&
Co.,
Lynch,
Brush,
H.
son
M.
Byllesby
•
&
Co.;
Slocuirb
&
$25
Hdl
Revel
&
&
Co.;
&
common
stock
Price,
for
Co.;
&
Co,;
Sutro
Co.;
&
Co.;
Inc.;
Inc.;
The
Hutton
First
&
McAndrew
6c
Bailey
Power
*
Purpose,
Co.
6c
Wisconsin
Electric
&
< par $10).
per
Lehman
share.
Offered
Corp.;
and
Power
Henry
Refsnes,
Co.
by
Beck
&
Co.;
A.
of
and
for
of
stock
common
Robert
W.
Baird
by
Price, $1.75
77''•
Dain
Co.;
&
sold
Rice
&
of
&
&
6c
Co.
subscriptions."-
&
Co.,
A
Inc.;
&
Co.;
&
Noye3
Weeks;
&
&
Co.;
Johnston,
Co.; Kuhn, Loeb
Rhoades
&
&
Marks
Mason-
Co.;
Merrill
Co.;
Milwaukee
&
Chapman
Goldman,
Hess;
Hornblower
M.
Pan-
Dillon
Hemphill,
Hutton
&
&
Securities
Farwell,
&
Co.;
Co.;
Writer
Co.;
Lynch,
Qo.;
Pierce,
Morgan
Stanley
Newton
E.
&
Christensen,
Rauscher,
Reynolds
Co.;
Pierce
&
Stone
Stroud
Inc.;
Co.*
Piper,
& Co., Inc.; ReinRiter
&
Co.;
The
Co.;
Webster
&
&
Frescott,
Ames,
Securities
Co.* Inc.;
Tucker,
Corp.;
Anthony
Wagenseller & Durst,
Austin & Waggeney;
Co.; Chas. B. White
Hawley,
Labouisse,
and Emanuel,
Co.
Inc.
303,902
shares of
bank
share
&
loans
(flat).
Beane;
G.
and
by
Walker
Shepard
Co.;
&
Co.,
share.
Offered
:, .7
;
E.
.
Hutton
&
&
Inc.
Co.,
second
70,000
shares
preferred stock
working
Offered
by
of
(no
capital,
$4
H.
&
Inc.
Sachs
&
&
7
,,
:
;
v
'
,"
7
"
Co.;
Bros.
!„
j
Sutro
&
E.
W.
Clark
&
Co.;
Co.,
6c
Glore,
Co.;
Forgan
&
Co.;
J.
I.
&
per
-
Shepard
scares
of
t
Meeds;
Lee
Higginson
Corp.;
Merrill
Co.;
Lee
Higginson
Starkweather
Harden;
&
fray
&
Beane;
W. H.
Hop wood;
&
E.
Company;^ Smith,
Stone
&
Webster
Newbold's Son & Co.;
H.
Schneider
Barney
Securities
&
Co.;
Securities
& Co.,
Corp.;
and Whito.
102;500 Panter 'Valley
stock
and
Inc.;
Lester
W.
Corp.
$100).
dividend.
Moore
&
C.
Bradford
&
Co.;
&
Co.;
Davis,
Foster
&
Skaggs 8c
Marshall;
&
Co.;
Greene
&
Co.;
H.
Brock;
&
Irving
&
Wm.
Lundborg
Co.,
Inc.;
Raggio,
Reed
& Co.;
&
Harper &
Co.;
A.
Cummins, Inc.;
Co.;
of
Saunders.
Stiver
&
by Fitzgerald
&
Co.,
;
'■
------
,■
.
J
Coburn
Minsch,
7
.
.
,
Inc.;
Harold
Weedon
E.
&
Co., Inc.;
&
Wood
Middlebrook
&
&
Co.;
Monell
& Co.;
$24,875,000 Federal
Intermediate
/. 1-77,, debentures, dated May
77 v'::
refunding.
York,
fiscal
Price, par.
agent.
Credit
Banks
1 Vz%
M.
Co.;
Wheelock
Wulff, Hansen
Inc.;
Cunningham
Co.;
&
Mullaney,
Wells
&
Co.;'
&
Hallowell,
McCourtney-Breckenridge
&
Co.;
Co.;
New-'
Henry F. Swift & Co.; C. T. Williams & Co., Inc.;
Arthurs,
200,000 Pabst
Lestrange
<fe
&
Hooker
Klima;
&
A.
E.
John
Fay;
Aub
B.
&
Co.;
Joyce
Caldwell:
&
Cor,
and
stock
(qo
Co.
Brewing
Price,
par).
<■
r
Co.
$20
10,000
shares
share.
per
of
Offered
common
by
Co.
Goldman,
''
■
262,500 Peoples
7
stock
liam
Gas
Light
Co.
2,500
shares
Price, $105 per share.
(par $100).
Blair
Coke
&
Sachs
,7
of
■
'-
capital
Offered by Wil¬
Co.
&
}
&
155,600 Pratt &
Lambert,
par).
Price,
prich
pre¬
i
and
Price,
Inc.
1,600 shares
Inc.
share.
of
common
183,750 Tiffany
Price,
per
Odin
Insurance
par).
(no
sold
$34.75
Price,
by them
&
Co.
at
5,000
$8
Offered
Co.
per
10,000
share.
by
stock
(no
6c Co.
stock
R.
W.
Press¬
shares
of
capital,
Offered
to
dealers,
marked.
shares
S3C.75 per share.
of
capital
stock
(no
par).
Offered by Wertheim & Co.
^
7, Farm Loan and Government Agency, Issues;
;
&
burger & Co.; The Robinson-Humphrey Co.; Writer Stokes
Wertheim
Purpose, working capital.
Offered
I.
Co.;
Fauset, Steele & Co.; Green, Ellis & Anderson;
Co.;
5%
Co.;
Masten
Bingham, Walter & Hurry; C. C. Collings and Co.,
80,000 Tennessee
shares
&
Son
E.
Smith, Moore & Co.; Swiss American Corp.;)
&
Inc.;
Co.;
P.
&
Moore,
Leonard & Lynch;
Peters, Writer & Christensen,
Newbold's Son 8c Co.;
Wagenseller & Durst,
-
1,025
Hill
Inc.;
&
&
Spencer Trask & Co.;
Walker
Co.?
Ellis &
Simmons; Dick 61
Lemon 6c Co.; R. W. Pressprich
Metropolitan St. Louis Co.; Stein-
Johnson, Lane, Space & Co.,
McAndrew
Simon
Pierce,
Shields
Schwa-
&
Fitch
Co.,
7
Piper, Jaf-
Co.;
Smith,
Corp.;
H.
Weld-As Co.
Finance
(par
G.
and
Corp.;
Co.;
Elworthy &
&
ret,
Ripley
Lynch,
stock
common
Co., Inc.; William R. Staats Co.; Townsend,
Tyson; Vercoe & Co.; Almstedt Brothers; Bar-"
Co., Inc.; Boenning & Co.; G. Brashears &
Co.; Cobbey, Shively & Co.; Cooley & Co.; Clement A.Evans & Co*., Inc.; Farwell, Chapman 6c Co.; Grande 6c
-Dabney
Drexel, &> Co.;
Harriman
Co.
NewCook & Co.;
Pacific Northwest Co.; jStep.henjson,
Leydecker & Co.;
Stix 6c
Co.;
Cohu
&
Co.;
Crowell,
Weedon & Co.; Ferris and Co.; The Illinois Co.; Mason
-.Brothers;
Facific
Co.
of
California;
Prescott,
Hawley,
Lehman
Inc.; Hemphill, Noyes & Co.; Hornblower & Weeks;
The
&
.
hard,
con¬
$102.75
of
Wertheim
Beane.
Walters
Co.;
of
Blunt
duPont
Richards & Co.;
&
Co.;
Co.;
&
Boyce;
&
Inc.;
638,160
Weeks &
Johnston,
Francis
Co.;
&
Baker,
California Co.;
Thomas
Co.,
shares
consisting
group
Brothers,
Fenner
Drexel
Murch
Merle-Smith;
Purpose, capital
Price,
etc.
Goldman,
Co.
Co.;
First
■■
paper,:
cumulative
par).
manager
Lehman
Pierce,
Co.;
Maynard
bacher
Goldman,
by John K.
880,000
$16 per share.
Offered by Blyth <te
Co., Inc.; Dean Witter & Co.; Bear, Stearns & Co.; Gold¬
man,
Sachs & Co.; Smith, Barney & Co.; McDonald &
Co.; Hallgarten. & Co.; Central Republic Co.
(Inc.); W.
& Supply C». 12,000 shares of
capital stock.
purchase of equipment, general corporate pur¬
per
Corp.
Price,
Lynch,'
Merrill
&
Corp.,
Lynch,
$7.50).
common
commercial
Offered
H.
dealer
a
Boston
(par
investments. -Price, market. Of¬
company.
77"'7 *
by
Gas
&
$25).
Service
v.!'S
Emerich
Electric
(par
Public
stock
common
Howard,
Vaden,
stock
Merrill
Inc.;
&
par
as"
C.
Davis
H.
Eastman,
Equitable
Inc.;
6c
E.
Paul
Robertson
Fridley
&
W.
The
and
Co.;
Co.
•
by
A.
Bacon,
Ellis S&
Blunt
Co.;
Co.;
Sons;
Co.;
Cook
&
State
Sulzberger
ferred
acted
Inc.;
Co.;
&
&
Stone
Masten
110,200,560 Ohio
7-
class
Gernon;
Co,,
Griffin
Purpose,
Price, $10
Fenner
:
in*-soliciting
Co.
through
and
Curtis;
&
Co.,
Price,
Offered
Corp.;
Co.,
Dewar,
Doolittl^
Laurence
E.
Blosser;
York
First
.
F.
stockholders.
common
Price, $41 per share.
Offered
(787,644 shares) for subscription by stockholders of Gen¬
eral Public Utilities Corp.
Unsubscribed (34,715) shares,
plus 92,356 shares not offered to G. P. U. stockholders
(par
Corp. and W. T.
common
expenditures, etc.
subscription
Stix
common
Co.
&
y
$98,52G,240
M.
&
Co.;'
Gardner;
&
stadt
6c, Co.
shares
of
.
shares
&
(no
Webber,
.
construction
Blyth
Paine,
&
Co.;
White, Weld &
Co.; Harold E. Wood & Co., and Wood, Struthers & Co.
&
36,080,000 New
Kidder;-Peabody & Co.; Kuhn, Loeb & Co.; Laird, Bissell
Davidson,
Dahlberg
Ely,
226,093
Purpose, capital
Offered
Brothers
dealer-managers
&
Wertheim
.
100,000 Wiard
stock
$15
by
&
& Co.; Vietor, Common, Dann & Co.;
Inc.; G. H. Walker & Co.; Walker,
.
refunding.
Price, $11.25 per share.
Blosscr; Link, Gorman & Co.; Sills,
public
per
$16,741,178 v-"'
391,395
Eichler
Herrman
&
Hopwood;
Phillips
&
Inc.;'
Co.
stock
common
540,500 Monarch Machine Tool Co. 23,000 shares of common stock
(no par).
Price, $23.50 per share.
Offered by F. Eber*
Eastman, Dillon & Co.; The First Boston Corp.; Gerstley,
Hansen
6G.000
finance
share.
per
Boston
Co.,
&
Straus
7- ■ ",CJ-
■
F.
of
Offered
Emerich
Evans
Peters,
Inc.;
Co.,
,
Co.;
Suustein
Co.;
Henry
com¬
'
Securities
:-p- p
_
Securities
shares
;
E.
A.
Beane;
Blyth
Co.;
Weedon
Wulff,
of
share.. Offered
per
Union tSecurities
Edwards
Newhard,
Co.;
Brothers; Baker, Weeks 6c Harden; Blunt Ellis & Simmons;
Pacific
Crowed,
&
shares
42,000
$21.50
Goldman,
Co.
Robinson-Humphrey Co.;
E.
H.
Rollins &
Sons,
Inc.;
,Rotan, Mosle & Moreland; Shields & Co.; Silverberg 65
Co.; I. M. Simon & Co.; Smith, Barney & Co.; William
R. Staats Co.;
Stern Brothers & Co.; Stifel, Nicolaus <ft
chemistry.
Clayton
properties, etc.
Co.
(par $10).
$17
J.
Co.;
Hayden,
6c
&
Co.; Riter & Co.; Hornblower & Weeks; Johnston,
6c Co.; F. S. Moseley &
Co.; Paine, Webber, Jack¬
share.
Wesley
Mitchum Tully &
Brothers;
Gas,-Electrie -Light
program.
Corp.
&
Co.; Kebbon, McCormick &
Lehman Brothers; Carl M. Loeb,
Jaffray
Corp, .50,000 shares of 4Vi% cumulative
preference, stock, series A (par $50).
Purpose,
expenditures,
Bateman,
Richards
stock
by
'
6c
vertible
6c
Skaggs
Durst,
&
Mason
6c
Inc.;
Co.;
Henry
Co.;
Ohio
7
Dayton
outstanding
7,192,500 Merck
Corp.;
H.
Miller
Co.;
Davis,
&
Ripley
E.
Corp.
common
Bonbright
shares
Ames,
Southwest
Inc.;
&
Purpose, general corporate pur¬
share.
Offered direct to public by
Investment
Fenner
poses.
Beane;,
(Inc.);
Michigan
of
Offered
,
&
Hutton
Fenner
Finance
Purpose,
divi--
Schwabacher
Staats'Co.;
Co.;
&
Co.
&
R.
Meyer;
Lundborg
White
F.
B.
share.
Skaggs
G.
Hagail,
480,000 Hotelvision, Inc. 480,000 shares of class A stock (par 25c).
Purpose, working capital, etc.
Price, $1 per share. Of¬
fered by Cantor, Fitzgerald & Co., Inc.
(par
cumula-
&
Co.;
Pacific-Northwest
Brothers;
of
shares
*
Whiting, Weeks & Stubbs; Hayden, Miller
Johnson, Lane, Space and Co., Inc.; The RobinsonHumphrey Co., and Hanrahan & Co.
Purpose,
Securities
&
William
Wagenseller
Irving
&
Co.;
Co.;
Co.;
& Co.;
stock-.,
Harriman
Francis
Boenning & Co.; Boettcher & Co.; Bosworth,
Co.; Alex. Brown & Sons; John W. Clnrkef,
First
&
Lemon
(par $1).
Development Corp. 166,500 shares of
&
Co.;
to
$50
Union
of
6c
Family
Lemon
4%
and.
and
by
Co.
Bateman,
Clement
McDonald
Co.
Pierce,
capital
of
$20).
Fenner
Webster
&
Elworthy
Frank
Co.;
C. "N.
122,000 Tucson
Offered
stock
\
J.
Commonwealth
Price,
(above
Price,
share
Inc.;
Pierce,
Stone
Inc.;
Lester
Stern,
«fc
Co.;
and
&
reduce
$32.50
common
shares
Price,
First California
California;
Buckley
.
Irving
Deetjen
1,902,428
John
shares
common
(par
Inc.;
Co.
Co.;
Co.;
Co.;
Swift
*
;.
.' ;
of
&
c/;7;'"'7-7'7 ~"E.
Co.;
A.
Co.;
Sachs
$1).
Harris;
direct
of
of
Aetna
25,000
Straus
&
fered
program.
300,000
Co.
Whiting. Weeks & Stubbs;
Cot
Co.;
&
Purpose,
by
Friedrichs
*
'
(par
Fairman
E.
stockholders
series
Co.;
Co.;
&
&. Co.;
&
&
Sons
Weeden
Hope
*
Offered
C.
A.
shares
shares
-'7
per
Inc.
.(par $1),
of
R.
stock
common
Cbrp. 43&;282 shares
Price,
$30
per
share.
Co.
Dittmar
Corp.;
Co.;
stock. Purpose,
tracer
Co.;
.77...
t
Foods,
stock
Purpose,
4V2'/n
Merrill
Barney
Rollins
v
.
281,250 B/G
T;
Price,
by
(par
$25
C.
shares
2,600
subscription
Electric
&
stock,
expenditures.
capital
&
Gas
&
Co.;
&
&
Davis,
coast;
120,000 Mack's Block
San
tive
/
Price,
poses.
holders.
+6,000.000
&
Co.;
&
„/
MISCELLANEOUS
Inc.;
Fay;
&
(par
William
Fuel
$10).
Courts
Inc.;
D.
8,000
Co.,.; Inc.;
Sullivan
■?
-
shipping
stock
common
Sachs
expansion
for
per share.
Offered
Bonn:& Co., Inc.-
Co.;
&
Hirsch
65,000
$4,162,500 American Research
Co.
(par $100),
Offered
to
par.
Electric
&
of
First
and
Price,
&
per
River
Simmons;
.
*
i
Paine,
&
„;
Ccrp.
Klima;
&
construction.
Electric
Offered
Oil
convertible
Co.
stock
Price,
Purpose,
share.
per
,
"
C0.7
Hurry;
Cohu
by
Offered
share.
Chemical
Corp.
Read
&
Whipple
$100,000 Capital City Boating Corp. 50,000 shares of preferred stock
7 "
(par $2).
Purpose, purchase of excursion boat, etc. Price,$3 per share.
Offered by Lawrence R. Shepherd & Co. -
customers.
18,510,025
shares
45,000
$10).
$11
(par
Allyn
by Lee Higginson Corp.;
& Co.; Johnson, Lane, Space
& Co.;
Coffin, Betz & Co.;
Jones
Co.;
$1).,-Purpose, development
7
Robinson-Humphrey
E.
;v-7'
$113,750 Noranda
by parent).
preferred
expenditures.
Offered
Curtis.
&
Dillon,
Offered
H.
&
and
■p OIL 7;7v;aV7':.- .7
Inc.;
Middlebrook
Lestrange
Phillips
Thomas
Rockland
&
stock
&
common
physics
Co.;
T.
77:'"V''
Tyson;
Offered for subscription by stockholders
V cumulative
Son
per
George
Peabody
13,058,460 Mississippi
Minsch, Monell & Co.; Chace, Whiteside, Warren &
Inc.; Grimm & Co., and Newburger & Co.
&c
&
&
share.
per
Inc.;
' -(■
Co.;
I,
M.
Swiss
American
Walter
Co.;
Purpose,
-
&
Chas.
Walker
share.
per
shares of
nuclear
in
Barney &
7V:f:7'7
Fitch
Weeden
Henry
Electric
&
$20).
&
$32
&
(par
Price,
holdt
104,000
by
'
$52,409,022
6c
Co.;
Coburn
Arthurs,
and
excludes subscription
260,000
Inc.;
Co.;
Caldwell
(par
per share.
&
Inc.;
Co.,
Co.;
Weeks;
common
stock
common
share.
per
Corp.
and
Machinery
Jackson
Inc.
Herrman
Sears,
Co.;
Stokes
&
Co.,
Co.
Kidder,
par).
-
Co.; E. W.
Graham, Parsons & Co.; Hayr
purposes.
Co.,
Corp.;
& Lynch; W. H:
ChriJensen, Inc.;
6c
Stiver
Bingham,
Inc.;
Newburger
Walter
Williams
&
$12.50
Henry
Fauset, Stee'e & Co.; Green, Ellis
Hallowell, Sulzberger & Co.;
McCourtney& Co.;
Minsch, Moncll & Co.;
Mullaney,
Breckenridge
B.
Leonard
Writer
Saunders,
Co.;
Co.
Anderson;
Wells
6c
and
Cunningham
Co.;
Co.;
Cumra:ns,
Hansen
Codings
&
Moore,
Peters,
&
Co.;
Smith,
Moore
&
Wagenseller & Durst, Inc.;
Corp.;
*
Inc.;
Co.;
&
Hornblower
Hutzler; 'G*-H.
Biddle, Whelen
Smith Co. 70,000 shares of
Smith,
Co.;
McAndrew
&
Co.;
Courts & Co.;
materials
Price,
Co.;
Cobbey,
Cooley & Co.; Clement A. Evans & Co.,
Inc.;
Fartveli,
Chapman
6c
Co.;
Grande
&
Co.,
Inc.;
Greene & Biock; Wm. P. Harper & Son &
Co.; Lester
&
Co.;
Irving Lundborg & Co.;
A.
E.
Masten
6c
Co.;
Shively
Bros.
&
Co.,' Inc.;
Shepard &
Townsend,
Dabney
Co.;
(T. L.)
.
Hav/lcy,
Co.;
&
Salomon
Whipple
active
Pressprich
Co.;
Almstedt
Boenning
-
&
class
A
Price,
t88,000 Martin-Parry
Un-
underwriters:
Co.; Dominick &
Purpose; development of industrial applications for radio¬
Hallgarlcn
Davis,
Prescott,
Co.;
Co.;
302,000 Tracerlab, Inc.
Co.
Louis
Co.;
by
by
Hornblower
Price,
$4
subscription by stockholders.
'J,,
Co.; Inc.;
Dean
Goldman, -Sachs 6c
&c
Co.; Sutro & Co,;
Stein Bros. & Boyce; J. C.
Skaggs & Co.; Francis I. duPont
& Co.;
Foster & Marshall; Hill Richards & Co.; Johnson,
Lane. Space & Co., Inc.; Newhard, Cock & Co.; Pacific
Northwest
Co.;
Stephenson,
Ley-decker &
Co.;
Stix '&
Co.; Cohu &
Co.;
Crowell, Weedon & Co.; Ferris and
Co.; The Illinois Company; Mason Brothers; Pacific Co,
Bradford
White,. Weld 6c Co.;
.
corporate
.
&c
Metropolitan
Co.;
Williams
6c
Co.;
&
of
<lnc.);.W. E."Hutton & Col;
Drexel
&
Co.; Lee Higginson Corp.; Maynard H. Murc.i
6c Co.;
Starkweather &c Co.; Schwabacher &c Co.; Baker,
Weeks & Harden;
Elworthy & Co.; First California Co.;
Blunt
Ellis & Simmons;
Dick Si Merle-Smith; Johnston,
Lemon
and
Beane; Kidder, Peabody &
Clark, Dodge & Co.; DomDillon & Co.; Glore, Forgan
Corp.;
of
Offered
Manufacturing Co. 8,900 shares of
$4).
Price, $6.50 per share.
Offered
(par
Johnson
stock
mon
im-
share
&
of
38,712
$133,4
Hilliard
B.
&
903,000 Food
cumu¬
capital
stockholders.
Putnam
shares
shares
share.
"■
Co.
Barney
Securities
stock
J.
Sachs
den, Miller & Co.; W. H. Newbold's Son & Co.; Putnam
& Co.; Stein Bros. & Boyce; Yarnall.&
Co.; Baker, Watts
& Co.; John C.-Legg & Co.;
Suplee, Yeatman & Co., Inc.;
Dixcn ;&
Co.; Robert Garrett & Sons; Janney & Co.;
Jenks, Kirkland 6c Co.; Mead, Miller & Co., and C. T.
working
for
Union
Clark & Co:;
common
Offered
Co.;
Price,
agent.
Co.
Lambert
$25).
(par
&
-Bacon,
tp
of
Purpose,
construction
share.
Offered
by
Blyth
per
Co.;
..
Service
4.30%
Clark, Dodge &
Ripley & Co. Inc.;
&
J.
by
3,000
per
share.
per
Corp.
Price,
&
1,440,000 Endico.tt
Of-
& Co-. Inc.; Dean Witter
& Co.; .Harris,- Hall .& Co. (Inc.); Hemphill, Noyes & C0.7
Carl M. Loeb, Rhoades & Co.; Laurence M. Marks & Co.;
Fr/8. Moseley & Co.; R. W. Pressprich & Co.; Reynolds
,
shares
advances
shares
$7.50).
$16
Witter
8,621
construction,
new
by
up
Purpose,
fiscal
Financing
Co.
$26.75
24,000
$18.50
&
common
$1).
(par
per
York,
'
Co.
Mills
duPont
I.
v.';v.:V;'' Webber.,. Jackson•& Curtis; Stroud
280,000
Public
'.('par
406,000
Purpose,
capital.
$5,789,440 Ohio
Co.
$100
taken
inick & Dominick;. Eastman,
i?
Ca'jf-
of
j.
&
Co.
repay
share.
per
of
Purpose,
subscription
riU) tynchj"Pierce, Fenner &
Co.;
foregoing
i
.
Co.;
being number of
stockholders, exclusive of parent).
public
Natural
(par
$100
shares
Price,
consolidated
1950.
Co.
$1)..
(par
"
Price,
Co.
&
'
$100).
1,
.
share.
per
Price,
57,850 Clayton
•
Chemical
&
par).
Drug
t524,040 Burlington
W. Scranton & Co., and Wood, Struthers 6c Co.
v';':'-
Co.";
&
$4).-
common
Co., Inc.; The First Boston CoTp.; Lehman Brothers; Mer-
Purpose,
stockholders
$2.75
Co.;
Peabody
i.
.
stock
.common
49,850
shares
Brunswig
.
\
of
(par
Harriman
Kidder,
of
Merrill
R.
Telegraph
$1Q0).
(par
company.
subscription
;
/
'
Atkinson,. Jones
&
Co.;
Bailey
&
Davidson.;
BlanKfciubip, Gould & Blakaly, Inc.; Campbell & Robbins,
Inc.; J. M. Dain & Co.; Davis, Skaggs & Co.; Win. P.
,Harper & Son & Co., and Janney & Co.
862,100 Mountain States Telephone &
:
.Dominick;
s. 5,417,698. Sharp
.fornia;
•
Co.
for
(7,111)
shares
(no
Forgan
Staats
outstanding short-term
Offered for subscription by
extensions.
Offered
subscribed
Weeks;
addi¬
444,000
Co.
Week';
Mejia;
Co.;
&
1.55%
($33,255,000).
money
by M. G. Newcomb, New
Potash
stock
Glore,
'
,
common
&
Adams
M.
of
by
Offered
Hornblower
Co.
Boettcher
shares
B
and
Pacific North-
notes,
t$80,250 American
company.
stock
A
Dohme, Inc. 208,373 shars of common stock (no
par).
Purpose, construction, etc.
Price, $26 per share.
Offered by Alex. Brown & Sons; Drexel & Co.; Smith,
Barney
& Co.; Harriman Ripley & Co., Inc.; Blyth &
short-term
White, Weld & Co.; McAndrew &
of
reduce
shares
stock
and
Morgan- Stanley &
Co.;
common
'
-
preferred
dividend.
:
7
by
774,582
working capital.
Price,
Baker, Simonds & Co.
provements
.
Co.
underwritten.
150,000
Manufacturing
lative
j
class
100,000
share.
per
Not
1
"""
(no
Lynch,
Power
4,985,000 Scovill
'
constituent
of
Offered
Inc.
Purpose,
$50
Inc.
Purpose,
7,
of
share
one
Banks
1949, due Feb.
new
Issues Not Representing New
shares
54,370
2,
7
$76,990,000
per
108,740 shares of class B stock
Tobacco
$25).
Price,
fered by
,
$5
Lincoln, Neb.; Estes & Co.; Beecroft, Cole &
Rauscher, Pierce & Co.,-'and Harold E. Wood 6c Co.
of.
Chemicals,
stockholders.
'
Corp.
acquisition
unit
per
Myers
&
412,500 Plywood
r
discharge
of
common
$2
Credit
($18,860,000),
Offered
par.
$1).
(par
notes.
Co.;
Price,
$102
per
The
First
Trust
„
(par
stock
&
2,900
par).
indebtedness,
.
v
,
&
refunding
Purpose,, leasing of plant,
Construction
of commercial unit, etc. Price, $3 per share. Offered by
Hautz' and Engel..
.
.
( .
«
-
:V'r
.I
'
and
-two shares of class B stock.
38,729,100 Liggett
Co.;
&
of
Intermediate
debentures, dated May
'
shares
100,000
Television
&
Purpose,
$5.20
stqck
Moseley
Rothschild
Inc.
(par $5)
300,000 Hydrocarbon
Co.; Stotfe
& Webster Securities
Corp.; Spencer Trask & Co.; Union
Securities Corp.; Q. H. Walker & Co.;
Watling, Lerchen
&
Co.; White, Weld & Co., and Woodard-Elwood & Co.
t
.
.
&
Price,
7,5
.V--.,.
stock
10c).
1 par
'
Co.;
Paine.
Pressprich &
Co,;
W.
L.
V
:
Leh-
&
' '
Purpose, working capital.. Price,
by General Stock & Bond Corp.
Electronic
class A
Laurence
S.
F.
Chemicals,
share. .Offered
Corp.;
Lee
52,115,000 Federal
stock; (par. lOc).
Cen-
Salomon Bros. & Hutzler; Chas. W. Scranton & Cor;
Shearson, Hammill & Co.; F. S. Smithers & Co.; Stark¬
.
"•*
Securities
Devonshire
Co.;
6c Co.; Mullaney, Wells & Co.;' Maynard H. Murch
Newhard,
•
Equitable
(2099)
INDUSTRIAL AND MANUFACTURING
,
Farwell, Chap¬
Co.;
Glore, Forgan & Co.;•, Harriman Ripley
&
Co., Inc.; Harris, Hall & Co. (Inc.); Hayden, Miller &
Co.;
Hayden,
Stone
&
Co.;
J,
J.
B.
Hilliard
&
Son;
Hornblower & Weeks; W. E. Hutton &
Co.; The Illinois
Company;* Kebbon, McCormick & Co.; Kidder, Peabody
*
C-.
Co.;
CHRONICLE
y
-.
Co.;
&
man
"
&
FINANCIAL
•
Cooley 6c
Co.; J. M. Dain & Co.; Francis I. duPont & Co.; Eastman,
Dillcn
OTHER
.
&
*'$500,0()0 Atlas Imperial Diesel Engine Co. 67o cumulative preferred
:v-Vy;. stock;' isenes B.
rurpose,1 corporate purposes.
Price, par.
.»i;.
i'
Sold privately to
Hunt'Foods, Inc.
'
and
Harden;
A.
G.
Becker
&
Co.
Co.; H. M. Byllesby & Co. (Inc.);
&
tral-Repub'.ic1 Co.
\
4.70;%',, cumulative
preferred
'
•
COMMERCIAL
"
Price,
Plow Co.
$2.50 per
40,000 shares of common
share.
stock
(par
$1).
Offered by Wallace White.
consolidated
$64,298,510
2,
1949, due Dec.
1,
1949.
Purpose,
Offered by M. G. Newcomb, New
•Represents
tlnrlir.ates
Issues
issues
sold
placed
privately.
comDetitivelv.
tRepresents
special
offering,
8
THE
(2100)
General
Bon-Ami Co.
in
the
(& Subs.)
Total
1948
1947
1946
$735,024
$976,522
Operating profit
Deprec. and depletion..
259,673
338,118
456,812
666,097
20,250
17,990
14,514
11,039
127,866
161,720
$192,262
$280,580
"Earns,
94,583
94,583
94,583
$1.00
$1.00
$1.32
200,000
200,000
"Under the participating
$0.49
*$0.93
*$0.97
hasten
on
improved
transmission
the
to
line
for
1
Ncoprene
center
profit from
!i
profit
for
Prov.
Fed.
as
called
filling
machines
industry,
the
all
plans
company
been
C.
Tiffany,
appointed
board
of
tion
the
cost
staff
of
Price,
accounting
and
Mr. Lillis had
this
of
been
since
1942
The
$4,939,630
$5,399,452
Butler Brothers,
97,211
Sales
82,204
1949—Month—1948
$9,398,217 $12,995,517
$5,496,663
$1,503,560
in-
and
1949—4 Mos.—1948
76,000
86,000
305,000
287,000
482,000
545,000
2,002,000
Sales,
all
Sales
.....
by
the
of
departments
and
stores
$7,107,899
concessions.
Net
prof for the period
Capital shares outstdg,
Earnings
"After
tively,
for the
for the
$35,315
$773,384
594,298
$872,560
$3,189,663
594,298
594,298
$2,890,034
504,298
$1.30
share
provision lor
$1.47
$5.36
$4.86
per
March 31,
three
1948.—V.
depreciation
and
three
of
and
ended
the
1,058,684
The
stated
company
mediate
disposal of
that
any
it
of
bank loans. With the payment of these loans, and with
expected from expanded manufacturing facili¬
sales, the earnings of the company should justify
in common dividend payments.
It is the present intention
to
directors
of
$2 per share annually on the new
to $4 per share on the present
which dividends of $3 per share annu¬
pay
the
consider
Ended
March
stores,
had
plans
no
additional
present
at
amortization—_
27,141
Cr354
916
93,338
82,303
$142,092
$120,340
Provision
Net
for the im¬
There are
mortgage—,
on
for
taxes
income
—V.
169,
1,285
—
income
on
(estimated)——
__—„___„_____
Calumet & Hecla Consolidated Copper Co.
Rev.
1949
1948
1949
6,870,746
Provision
General
for
depreciation....
taxes
*
income
Gross
$5,399,235
Net
$1,547,720
(net)
Earnings
$391,066
(i45,364
shares;.
Other
$362,300
*$500,834
$1.55
*$0.67
*
Fed.
169,
Bigelow (& Subs.)—Earnings, Etc.—
3 Months Ended April 30—
sales
Gross
Net
Provision for
*486,248
$387,191
91,969
$385,003
$1,623,534
$479,159
117,491
62,382
88.290
183,933
185,157
34,409
45,426
65,626
(est.)_
101,535
160,000
54,000
450,000
49,000
_______
$271,829
$90,813
$876,793
into
80,453
228,266
$98,923
,
tax
"Includes $416,357 gain
'
1948
1949
p.
profit
compared
with
Per
1949
in
$0.04
share
the
earnings
based
2,068,270
on
shares .—V.
875,269
359,000
355,020
The
$520,249
seven,
The
1,263,645
1,263,645
;
168,
of
"Earnings
shares
common
per common
"After preferred
outstanding—!—
share.:
$0.38
dividend requirements.
NOTE—Unfilled orders
on
board
directors
of
has
$0.39
increased
been
*
April 30, 1949, amounted to $10,231,-
Director Elected—
^Captain George P. Jacobs,
'
Presdent and
General
Manager
of
the
Oper.
exps.
and
other
number
in
from
five
to
Interest
income,
1949
1948
1947
$1,596,074
$1,751,776
1,607,768
1,493,811
$388,848
$388,306
R.
10,285
Net
for
Federal
income
$405,678
$398,591
tax__
103,824
158,485
$240,106
Ib8,
p.
$0.22
$0.22
$0.15
2222.
McMartin,
President;
of
New
York
director
and
of
Atlantic
Citv
Electric
Co.;
Covert
a^ the annU£»l meeting held.on May 11
adopted.—V.
167,
Mr. Crump
Canada, in
director of the company last February.—V
deal
uf
newly
u
which
field
about
was
May
on
when
to
formed
4
announced
Glenn
be
Capitol
its
E.
signed
Wallichs,
establishing
Television
into
entry
President,
Elmo
Division.
>
headquartered in Capitol's
studios.—V. 168, p. 2680.
9 Months Ended March 31—
sales
Cost
of
that
head
as
selling
and
a
issued a 16-page illustrated booklet
the California
Zephyr,
an
unusually spectacular
month.
basis
1948
1947
COMPARATIVE
INCOME
$2,935,797
$1,712,361
$3,331,672
91,752
18,696
1,127,675
671,550
55,624
1,288,550
!
PiX
h»fn»"in
Federal
income
1
taxes"
f
taxes
2,704,000
T
SarSEL
After
—-
0lURtandir<S
,
n£ff. C°!Trt!0n Share
dividend
preferred
2,117,000
765,OOo
$3,816,588
$2,857,698
$1,812,568
3,476.439
$104
3,476,439
$0.7.7
3,269,339
$0.50
requirements.—V.
169,
p.
income
Net
1663;
,
.j,
»■
[
•
Capital shares outstanding
Earnings per share—,
$1,716,370
$1,022,115
360,000
360.000
$4.76
$2.84
1
$1,987,498
-
360,000
$5.52
J. H.
Parker, Chairman of the board, and F. R. Palmer,
President, in a letter to stockholders, cn May 2 said in
part:
,
^
v
The
1948
actual
good
volume
continued
of
business
tor
prevailed
each month of
series
C
bonds
$800,000
not
due
1976
sold privately in Feb. 1948
16d, p. 1878.—V. 169, p.
noted in V.
as
2428.
p.
Electric
Noma
Signal Co.—Sold—
Corp.
below.—V.
157, p.
2464.
Century Electric Co.—Quarterly Report—
1949
sales
in
the
first
half
$6,034,385
369,845
$3,343,511
—
discounts and freight—
240,800
$5,664,540
2,653,659
406,863
4,072,247
$282,989
a
—
——
1948
$3,584,311
-Three Months Ended March 31—
Net
sales
u-__:
-
of
through the second half of the year and. so far as
shipments are concerned, through the first calendar quarter
administrative expenses—
Selling, general and
Operating
Other
Loss
profit
:
$1,165,418
on
15,683
income-.
expense
;
Provision for
Provision
<-
etc.
12,324
183.801
50,000
on
income
17,000
(est.)
March
12,
1948
Number of shares outstanding
Earnings per share
—
371,000
$26,572
for taxes
paid
16,153
11,511
211,739
:
inventory reserve
profit
Dividends
«...
22,209
I
deductions
21,119
$1,186,537
21,152
—
disposal of depreciable assets
Miscellaneous
Depreciation,
426,875
$298,672
income
Interest
Net
,
which
for
each month.
Cost of products sola
Federal and state income taxes
ACCOUNT
1949
1948
1947
$67,414,438 $55,313,604 $44,447,522
6.520,588
4,974,698
2,577,56s
and
168,
Total
Gr<SsalKtftirp«nded MarCh 31~
restated
were
.
$20,867,768 $16,126,730 $18,486,474
15,154,802
(net)
V.
Returns and allowances,
14,414.369
deductions
income
net
of
amount
$600,000
Gross
17,931,971
Other
of
Central Railway
Hollywood
adminis¬
operations...
income
on
comparative purposes) on the basis of net income
Such provisions for the year 1949 are being made
(for
each
See
trative expenses—..
from
$425,409
$86,714
taxes
for
of
;
.
$197
34,932
26,535
taxes—
staff immediately
a
newly-acquired
1949
___
______
sales,
is
...
Williams, formerly of RKO, is to organize
will be
$626,698
89'97*
120,31 /
television
the
revealed
Williams
inc.
State
&
1948
the
19,515
$21,583
13,167
*8,218
Correction—$600,000 Series C Bonds Sold—
'
Carpenter Steel Co.—Earnings, Etc.—
Net
-
year
for
on
169
"
»
California Zephyr—
*has Just recentIy
ng ^e story
the
$607,182
Drl54
surplus
to
"Provision
1987;
corporation
Fed.
Balance
$21,737
—
deductions——'—
income
for
$1,963,788
1,356,606
$148,181
-
—
<
Profit
ccmta
Total
Mar. 31,'40
$348,992
327,254
$137,579
——
income
Gross
Pacific Ry.—New Vice-President—
a
income
1948
$456,687
319,107
10,602
revenues—
income
Prov.
151.
p.
.
production
approved
by-laws, changing the date of the
We<^sd?y in" April"1 tl>C second Wednesday ln May to the third
on
Other
12 Mos. End.
1949
operating revenue deductions-
Operating
L
(& Subs.)—Earns.
3 Mos. End. Mar. 31
'
-
operating
Total
Crump of Montreal on May 4 was elected Vice-President of the
He was System Vice-President in charge of all rail and com¬
Calif.,
Issues Booklet
Total
The
(The) Budd Co.—Annual
Meeting Date Changed—
e company's
-
Co., oil engineers; Belford F. Seabrook, Vice-President of Sea-
and was elected
1.
*
S.
Howe,
Capitol Records, Inc.—Enters Video Production Field
$167,634
fr 8?LrC on„1 094'4u6 shares.:
—V.
$271,926
104,292
$236,854
—
John
P.
directors, Max B. Miller, President of Max B
1987.
the
income
new
and
Samuel
Toronto,
1947,
13,96i
—-
provision
as
board
munication services at Montreal,
Canada, for the past year.
became Vice-President of the Eastern
Region at
The
„
a
its General Manager.
Period—
$257,965
16,830
....—
the
to
Vice-President,
Canadian
N.
1,758,307
etc
Cox,
Farms
not
was
p.
Operating income
Tunney as
F.
:
11.
company.
$2,147,155
rev._
charges
and
Central Louisiana Electric Co., Inc.
Goodlove, of Ridgewood, N. J., and Vincent Fitzgerald, President of
Fitzgerald & Co., Inc.
A resolution
to reclassify
the board into three groups of directors
Quality Park Box Co., Inc., a wholly-owned subsidiary, has been elected
director.—V. 169, p. 1776.
Quarter Ended March 31—
Transportation & other opev.
S.
City, and named
a
Buckeye Pipe Line Co.—Earnings—
May
on
stockholders reelected
Miller &
o5qv
New
it was announced
Walter
brook
hand
the concurrent sale of
for which it will receive
in
engage
basis
and Willard
Camden Forge Co.—Directorate Enlarged—
,
Net profit
Number
Denver, whereby
Brereton, Rice & Co., Inc., of
the securities on a best
10% commission.
The company has acquired a 205-acre site for $160,000 Just' outside
of Denver, and has
been granted a license to hold a race meet in
1949,
according
to
the
prospectus.
"Pari-mutuel wagering" was
legalized last November by the State of Colorado.
The company s
architects
estimate
that
the
cost of
lonstruction of the various
buildings and stables and such equipment necessary to the operation
and maintenance of
the track will aggregate $1,680,000.
M.
M
Mitchell of Brush,
Colo., is named as company President
quarter was equal to $0.13 per share
1948 quarter and $0.42 in the 1947
are
agreement with
an
will
it
sales of timber and lands.
on
the
for
Inc.—Registers With SEC—
company,
efforts
2428.
871,792
___
^
$8,032,460
charges...
taxes.
net
quarter.
$512,792
after
22,088
154,495
profit
$7,869,588
____
income
3,562,625
$1,137,286
902.
p.
as
&
5,190,552
$362,915
__,
income
The
Brown
5,036,320
charges
Net
l
:
"Less.—V.
income
Depreciation
Depletion
*$138,533
$1,155,624
...
—
,
.
$916,125
gain
income
Total
Drl,9l6
Dr1,029
share
per
*$136,617
$1,546,691
deductions
income
.
,
organized March 12, 1949, for the purpose of build¬
ing and operating a track for the racing of horses at a site 3/2
miles south of Denver, Colo., has filed a registration statement witii
the SEC covering its proposed financing.
Under
the proposal,
the company would issue and sell $1,600,000
cf 6%
sinking fund debentures, due Jan. 1, 1965, and 160,000 shares
of
class
A common
stock
($5 par), non-voting.
The securities are
to be offered in
units of $100 of debentures and 10 shares cf stock
at
the aggregate of
their principal and per amounts, or $150 per
unit.
Officers and directors will engage in the sale of the securities,
without discount or commission; and, in addition, the club has entered
$6,327,838
55,515
Operating
Other
______
Centennial Turf Club,
;The
1946
$860,610
442,869
1,103,340
731,700
income
Income
479,396
i
.....
Operating income
Other
761,597
1,144,629
_______
taxes
8,311,084
(& Subs.)-
1947
from
processing & i
selling metal & metal f,
products
;
($7,290,928
Prod,
cost
sell., devel.,
admin, etc., exps
6,430,318
1948
$11,488,871 $10,482,273
714,678
Federal income
1,426
375.
p.
Qtrs. End. Mar. 31
Maintenance
Construction of
,
,
alpha cellulose pulp plant of Columbia
.Cellulose Co., Ltd. will be increased to two daily shifts of eight hours
each at the beginning of this week, engineers of the company an- .
nounced at Prince Rupert, B. C., Canada.
Engineering work on the project is well advanced, company spokes¬
men
asserted, and orders for long-dated equipment have been placed.
The pulp mill is being on Watson Island, which is eight miles from
Prince Rupert, and is designed to produce 200 tons per day of nigii
alpha pulp by the sulphite process.—V. 169, p. 1880.
19,82.)
Loss, disposal of fixtures and equipment——
'
;
169, p. 1987.
America—Speeds
of
Corp.
Celanese
on
Canadian Plant—
89,434
$224,814
1003.
31—
revenues
operation
are
outstanding,
shares.
common
169, p.
currently being paid.—V.
$135,380
concessions, discts., etc.—
.
Total
$143,998
119,504
stock
ally
$263,502
Interest
the
increasing,
Brooklyn Union Gas Co.—Earnings—
3 Months
leased
stock/which is the equivalent
4,598,006
and
,
operating profit—
Provision for depreciation and
currently outstanding 1,381,000 shares.—V.
Operating
fr.
,
,
earnings
common
$4,733,386
5,666,453
delivery
$5,810,461
Net
will
5
warehouse,
depts
.
in
board
the
.
increased
and
increase
an
of
preferred stock.
Construction work on the high
authorized
common stock from 1,400,560 shares to
2,500,000 shares; also reducing
the authorized preieueu stock irom 100,000 shares to 95,500 shares,
by eliminating 4,500 shares acquired for sinking fund purposes.
July
on
and
Balance
Inc.
168, p. 902.
stockholders
selling,
stores
expenses
months ended
12
Bristol-Myers Co.—Plans Increase in Capitalization—
The
sales,
general
March
for
$133,163
of
Cost
$167,745, respec¬
31,
1949, and
and
$44,672
months
12
months
sales—self-operated
received.
proposed plan, the company will use the net proceeds from
new preferred stock in part to pay off an aggregate of
common
Net
holders of 515,000 shares, or
the
increased
ties
$5,792,067
1,297,438
._
consents from the
1949,
9,
new
the
of
sale
the
Apr. 2, *43 Mar. 27,*48
and
stores
May
$21,000,000'
Butler Co.—Earnings—
leased
received more than
announced that it has
May 9
on
required
proposed
the
Under
1,845,000
income
taxe3
the
of
sale
$39,311,516 $49,608,205
13 Weeks Ended—
Refinancing Plan and Pro¬
required,
which means that approximately another 23% of the outstanding com¬
mon shares must vote in
the afiirmative by sending in their consents.
While no time limit has been set for the submission of consents, the
company points out that an early ratification of the plan is desirable
so
that the company can, without delay, proceed with the proposed
169, p. 1663,
(P. H.)
$5,022,034
■
company
of
As
Chicago—April Sales Declined 27.6%
—
—,
27.4%, of the total common shares outstanding, have been
Only 1% of the shares have been voted against the plan.
In
order to make
the plan effective, a majority vote is
member
& Co., specializing in general
installations.—V. 169, p. 1443.
698.
total, $19,279,833.—V. 169, p.
consents from common stockholders to make
plan to split the common stock, giving present
holders two shares for each share now held, and to create a new pre¬
ferred stock issue to repay outstanding bank loans.
half
Assistant
a
$684,703; capital stock, $1,800,'000,
posed Spilt-Up Receiving Stockholdesr' Consents—New
Common to Receive $2 in Dividends Annually—
company,
an
Waterhouse
system
of
effective
in charge of finance.
appointed James F. Lillis as
also
$712,138; accrued taxes, $1,508,211;
other liabilities, $4,918; reserves,
$1,512,349;
(including $4,500,000 which had been capitalized as part of a
stock dividend in 1922 and returned to surplus upon reduc¬
capital stock from $6,000,000 to $1,500,000 in ly33), $13,-
057,514;
the further develop¬
formerly Director of Finance
charges, $151,738;
$5,000,000
Vice-President
directors
deferred
prepaid expenses and
total, $19,279,833.
liabilities,
accrued
surplus
continue to
to
securities^ and
$170,105; accounts and notes receivable (net), $1,931,$6,965,783; other current assets, $36,600; fixed assets
Caterpillar Tractor Co.
adequate proportion of its earnings in
phases of its activities."
an
approxi¬
up
1949
S4,319,066;
banks,
in
LIABILITIES—Accounts payable,
backlogs.
of
and
including reserve for contingencies,
current
accelerated
$13,423,545,
totaled
31
fiscal year, while current liabiiiues of
$500,000.
Cash alone increased more
assets, $148,767;
other
linally
and
lor,
the
BALANCE SHEET, MARCH 31,
hand
on
$5,555,783;
(net),
other
backlogs were
eliminating the overtime
these
of
some
inventories,
991;
able to discontinue the night shift.
production
running 40%
higher than
Comptroller of the company.
of
23,549
$1,331,384
Wisconsin
for
to
the
taxes..........
come
order
in
1949,
of
in¬
taxes
come
Pro*,
mid-1948,
Period End. Apr. 30—
23,399
before
in
1949 was
with
unit
business
The
$700,000
less
CONDENSED
orders, Burroughs scheduled its unit
basis that at any otner time in its
backlog
higher
a
months
the
during
up
accrued interest,
Burroughs employment in the United States is now 13,000
compared with 9,200 in 1941, an increase of almost 41%.
to maintain and improve Burroughs' position of leadership
of
—V.
Net
of
three
first
March
of
as
than
to $4,319,066.
were
further an¬
5
In
year.
1948.
of
assets
$1,440,000
$3,732,698
Official Promoted—
in¬
(net)..
come
the
on
war,
Kenneth
has
in¬
other
dividends
than
May
months
Current
mately
countries.
on
fiscal
1947-1948
sponding
1949—12 Mos.—1948
$1,480,011
$1,307,985
oper._
discounts,
and
loreign
President,
first nine months
three months ended March 31,
share of stock outstanding against $2.84 for the
the
shipments remained high at $6,973,946, and earnings of $537,245
(after provision
of $353,125 for estimated Federal and State income
taxes) were equivalent to $1.49 per share against $1.19 in the corre¬
1948
includes
and
taxes
to
net earnings
1949,
as
reinvest
Briggs & Stratton Corp.—Earnings—
1949—3 Mos.—1948
materials, operating expenses were kept under good control,
increased to $1,716,370.
This was equivalent to $4.76
raw
of
order
the
ment
many applications for the "Mighty Midget" are home
tools, wasuing machines, power lawn mowers,
pumps,
fans,
dairy machinery,
bottling equipment,
packaging machinery, sewing
machines, garden tractors and sorting equipment.—V. 169, p. 1879.
terest
in
income
the company was able to begin
which this accelerated schedule had
this
"Total
in
power
"Net
Federal
and
filling
l,
also
"In
member
experiment.
Among the
FericdEnd. Mar. 31—
additions
of
and
1949
sales for the nine months through March
increase of $4,741,038, or more than 29%,
months of the preceding fiscal year.
Despite
wage costs and continuing strength in the prices
result,
a
$20,867,768, an
corresponding
further
.
$23,251,917 $19,542,486
2,746,323
2,621,822
4,994,090
4,980,000
$0.55
$0.5o
operations_______
__
operating
rates
the
persons
gives the new coupling
a service life
as much as ten
c.mes longer than ordinary
couplings in
its particular power range,
according to Morse Chain engineers who
developed the new product after months of exhaustive research and
revolutionary
Purchase
April
but
motors—has
couplings produced by Morse Chain
subsidiary.
a
The
"
it was
demand is being met and the remaining
backlog orders are oemg filled as quickly as possible.
"Income and profits reported during 1948 and the first three months
of
1949
reflect not only a high rate of delivery on current orders,
horsepower
fractional
in
Morflex
of
designed
coupling
all-rubber-center
M.dgei"—an
and
Commencing
before
power
added
been
Co.,
tne
"Today,
1879.
"Mighty
1663.
company
domestic
Coleman,
1948
liquidated,
operations
Borg-Warner Corp.—Adds New Product—
The
As
to
the
ASSETS—Cash
production
for quarter ended March 31, 1949, includes foreign
subject to exchange restrictions in
the amount of $16,663,
compared with $20,483 in 1j48, $24,s43 in 1947 and $27,003 in 1946.—
p.
S.
history.
provisions of the shares.
NOTE—Net profit
169,
169, p.
outstanding-
subsidiaries
"During
profits
V.
1949.
over
nounced:
200,000
$0.24
shs.
of
the
amending
March 31—
parent
charges
John
$1.72
200,000
per
B
from
94,583
share...
outstdg—
Earns, per share
Class
consider
Adding Machine Co.—Earnings—
from
shares
of
No.
$355,633
outstdg
will
27
Earnings per share
299,425
$141,840
6hs.
earnings
"After
97,583
A
May
directors,—V.
of
revenue
"Net
Fed. and foreign income
Class
on
per
$632,770
taxes
of
Burroughs
Earnings—
1949
board
3 Months Ended
$626,818
cn
stockholders
certificate
of incorporation and by-laws to increase the number of directors from
five to seven and tne provision with respect to vancancies occurnng
sales-..
profit
Monday, May 16, 1949
advanced
The
(Continued from page 2)
Quar. End. Mar. 31—
CHRONICLE
FINANCIAL
&
Buffalo Forge Co.—To Increase Directorate—
Corporation and
Investment News
Gross
COMMERCIAL
$541,748
64,741
517,915
$1.04
67,416
539,315
$0.05
Volume 169
Number 4803
COMPARATIVE
ASSETS—
Cash
*U.
accounts
and
—-
•
deposits
receivables,
Recoverable
Federal
$240,354
503,229
505,104
taxes
1,400,623
28,001
income—
•
Fed.
after
inc.
1949
charges—-.
tax and
"Net
No.
166,825
$698,054
$776,661
$758,210
121,664
120,162
178,460
253,928
to tanks
other accounts
and
salaries,
Accrued
outstdg...
per
2005.
p.
share
com.
provision
.
$576,697
$577,892
$598,201
$504,282
2,520,000
2,500,000
2,520,000
2,500,000
$0 23
$0.23
$0.24
$0.20
—
shares
"Before
1
$1,300,000
127,327
92,587
15,398
122,634
23,609
21,525
126,323
payable.——
and bonuses
wages
payroll and
withholding taxes
;
Accrued employees' accounts pension fund, etc.
Contribution to salaried employees' profit-sharing investment trust
1
Accrued
-
for
.
depletion
discovered
of
note
.
for
15,153
30,000
1,250,000
1,250,000
,
income
Federal
1949
stock
taxes
202,200
294,100
550,000
value
(par
$10
Sept. 30
cost
and
after
$300,000
appropriated
for excessive
'—V.
2680.
168,
p.
tAfter
interest.
accrued
and
present
V;
of
costs
Int.
and
for
Railway
U. S.
&
oper.
profs,
exc.
Other
Net
£412,332
1,043
900
90o
343,327
289,612
240,256
Net
income
♦Earns,
periods
1,717,730
4,255,992
1,744,094
1,514,085
705,086
8,437,898
5,348,682
$0.08
$0.66
•
allowing
dividend
preferred
for
V;'-
.
■
■'
of
first
available
4%
mortgage
in
exchange
bonds,
due Jan. 1, 1944,
bonds at
series A,
outstanding
for
Continuing
company
expansion
May
on
7
its
of
deliveries
accepted
of
to
Island's
"ROCKET
vice
The
FREIGHT
110
ana
to
Rock
8,000-mile
189,
to
system
SERVICE,"
35
to
for
Deliveries
placed
those
to
in
runs
in service
now
.
Chicago
ofder,
...
will
be
add
the
in
the
to
1946
net
of
its
Act.
*
will
the
taken
1974.:
1949
yards
be
proceeds
Such
added
of
to
Island.
and
111.,
expects
\
in
of
general
funds
expenditures
additional
will
as
Corp.
its
sell
its
be
has
being
now
delivered
Natural
to
up
agreed
to
built
by
the
The
additional
of
on
The
common
Electro¬
May
12
$1,000,000
of
Gas
1949
depleted
has
3%%
System,
construction
to
He
of
the
sale
construction
will
be
used
program.
at $22
in
finance,
per
named
was
and
to
•
Other
its
best
so
company
the
Prov.
:
the
Net
sales
Cost of
——
sales.
Operating
-
——
etc.———
expenses,
—_____—
38,280,829
16,434,753
15,650,117
—
2,130,447
2,023,697
domestic
operations—._—_
income from foreign dividends
—
$3,512,520
17,368
$3,452,884
350,000
for
$3,529,888
$1.71
$3,802,884
Provision
has
for income
Net
income
from
taxes-—
to
net
per
Earned
income
common
World-wide
includes
share
sales for
domestic
period——^———
sales
the
of
_
first quarter of
and foreign sales of $20,779,353.
$1.85
$75,525,804. This
the income account
In the first quarter of 1948 world-wide
$54,746,451
as
1949
were
shown in
sales
aggregated $78,127,561, including domestic sales of $59,407,527 and
foreign sales of $18,720,034.
Gas
by
prior
the
SEC
884
•
ASSETS—
,
Mar.
~
'
..
.
31,'49 Dec. 31,'48
Inc'.,
the
expenditures
construction
SEC
.
Accounts
promissory
of
proceeds
less
Inventories
Prepaid expenses
to
or
restore,
notes
which
issue
to
its
to
will
be
for
The
parent,
of
S.
of
that
Miscellaneous investments
reserve
for deprec.)
2,906,250
373,143
30,628,584
3,000,000
of
Columbia
Engineering Corp.
in 1945.—V. 169, p. 1880.
company
MOS.
3
Inc.
END.
(&
\
LIABILITIES—
•Current
liabilities
Deferred
liabilities
Reserve
T$3.50
$
reserves
—
for inventory price decline——
preferred stock..
Capital surplus
Earned
13,688,891
4,365,823
4,373,127
3,000,000
3,000,000
12,500,000
The
of
;
_t—
3,002,993
43,527,478
41,105,923
at
the
Chattanooga,
MARCH
31,
place
.
"After
bility
of
-
deducting
for
taxes,
no'pai? Valued.'
J'119
J.l'.Kii
United
,
States
-
105,926,218
102,644,884
Government
securities
equal
1948, $3,300,000; 1949, $4,100,000.
U25.0Q0
$1,997,916 no par shares.—V. 169, p. 496.
,
i9'<r<
•'
t
•
to
lia¬
shares
•4
ft)' 04*
•
«JhL
.
»/T
taxes
inc.—
cn
provision
$203,425.
of
-
output
electric
of
commemorated
was
corporation's
boiler
on
.
announced
the
adequate
169,
features
327,500
of
the
loans
in
electric
scheduled
that
out
for
than
more
bonds
the companies
was
reserve
insurance
more than
__
for
avail,
Common
shares
Earnings
per
common
-•
of
$40,000,000 in the common stocks
to
year.
and
trained
public
of
the
Finance
April
The
income
of
the
Insurance
The
for
the principal
and
subsidiary
net
initial
The
purpose
Southern
Co.
In
For
ceeded
letter
a
to
personnel
are
companies
first
time
the
2,781,435
1,841,473
May
2,
1949
the
$401,046,000,
$126,500,000 long term.
provision
for
provided
that
of
unsecured.. notes
company)*—dpe
the
first
the
same
for
assets
all 'liabilities
with
the
distributed
not
subordinated
which
notes
and
One
of
preferred
the
worth
$274,546,000
stock
in cash.
and
in
of
Commonwealth
common.
cash, of common stock of Ohio
remaining, after payment or
expenses,
are
included
in
the
plan,
of the SEC any of such remaining
be contributed to The Southern Co.
Southern
owned
pro
service
new
stock
at
this
the
of
company
will
to
principal
is
that
be organized
as
mutual service company,
a
which
will be owned by the operating companies of The
Applications have been filed with the SEC and a hearing
,
to
Co.
the
134,000
embraces
combined gross revenues
$10,965,313.
1,841,473
;
first
period
three
of
the
were
1949
of
in
all
company
term
liabilities
advantages
interest
on
Commonwealth.
The
income
of
for 1948 amounted to $117,290,134 and
The
Southern
Company
and
subsidiaries
The earnings
per common share on the aver¬
number of shares outstanding during 1948 amounted to $1.01. The
Southern Co., paid 60c in dividends
on
this stock during the year.
—V.
169,
p.
'
1988.
1
Consolidated Edison Co. of New York,
of
ex¬
and
of
the
between
the
to
1948.
months
short
of
age
$0.66
quarter
stockholders
common
integrated system including Alabama Power
Mississippi Power Co. and Gulf Power Co.
an
Co., Georgia Power Co.,
The
report of The Southern Co, is
stock, 12.020,000 shares outstanding
time, is owned by Commonwealth and will be distributed under
Plan
Southern
notes
Inc.—Output^-
The company on May 11 announced that System output of
electricity(electricity generated and purchased) for the week ended May 8, 1949,
amounted to 202,200,000 kwh., compared with 209,100,000 kwh. for the
corresponding week of 1948, a decrease of 3.3%.
Local distribution.of'
electricity
net
the
and $1
proposed that the present service company, The Commonwealth
Corp.
(New York), a mutual company whose stock is
rata by the operatng subsidiaries, will be reorganized as an
independent service company to be owned by its employees, and that
&
net
In addition, there were $25,000,000 subordinated
1957.
the
approval
may
amounted
$100,165,026—on March 31, 1949,
company
had
outstanding
usecured
notes
outstanding—subordinated
in
other
any
THE SOUTHERN CO.—The first annual
exact
of
share
or
and
1,216,261
$1.51
for
consolidated
be
each
assets
Co.
of particular interest as its common
stockholders, A. E. Duncan, Chairman
$100,000,000—to
financing
outstanding.
common
is set for June 7.
$
board, stated in part:
the
for
common
Edison
plant,
1949 was $1,213,384, against $311,151. Net income of the
Manufacturing
Companies was $618,235, compared with $1,262,791 for the 1948 period.
of the
of
assets will be distributed to the common stock¬
distribution will consist of 35/100ths of a share of
Subsequent distributions, in kind
1947
$1,432,510 for
Companies
to
with the Securities and Exchange Commission last
approved by the SEC in November and is now awaiting a
remaining
holders.
in
22
$
$1.80
Companies
with
by
sold
Under the amended plan holders of preferred stock will receive to
exchange for each share 2.80 shares of Consumers Power Co., commoh
'
1948
1,841,473
share—
common
income
$1,710,776, compared
institutions
or
Consumers Power Co.
filed
was
Southern Co.
$
3,317,395
outstanding
was
aggregate of $40,000,000
an
the
programs
underway, resulted in a net increase
in the principal or stated amount of securities and bank
Commonwealth
amendments
$1.59
419,869,769 409,277,372 317,661,258
9,611,799
8,965,117
6,576,123
17,708,476
20,725,064
18,279,167
3,542,395
3,006,435
1,441,261
225,000
225,000
225,000
stock-
sub¬
•
construction
consolidated
Balance
in
•
Court enforcement^order on which hearing was held in the U. S. District
Court at Wilmington, Del., on Dec. 30.
-
manufacturing
1949
acquired--—
:
$21,000,000.
transactions,
years
July and
$1,557,282
.
Co.—Earnings—
premiums—-:——
with
capacity available to
■
sold
during the
capacity,
resulting
is
program
of
during. 1948. In addition,
of
generating
1949.
this
It is
space
manufacturing sales
Net inc. aft. chgs. & Fed. taxes——
Preferred dividends paid
of
report.
kilowatts
kilowatts
pointed
amount
a
Net
Increase
an
STATUS OP PLAN FOR DISSOLUTION—The Commonwealth
plan for
compliance with Section 11 of the Holding Company Act embodies
"
receivables
1948,
work,
in the margins
operating companies.
the
of $74,988,182
29,613
laboratories.
3 Mos. Ended March 31—
the
'
'
facilities,
—
status of
?
of $279,813,276 for
revenues
improvement
of
of
The
$1,586,895
S03.
p.
present
the
the laboratory has enable the
company to con¬
virtually all of its research and development activities in one
where
subsidiaries
involving gross expenditures for addi¬
improvements amounted to $138,000,000, and resulted, in: the
aggregating
1,018,986
Tenn.
chemical
of
energy
public preferred stock amounting to more-than $20,000,000'and this
company,
together with Ohio Edison Co., > sold through subscription
rights to holders of their common stocks, additional common stock
34,361
foreign
hour
subsidiary, is also included.
its subsidiaries
the
On
Total
$1.81
the
1949
establishment of
aggregating
.
$0.66
^
gross
are
principal
$2,571,520
generation,
held
available.—V.
24,973,950
3,002,993
__.
surplus
12,500,000
24,973,950
—
stock
^Common
$
14,555,974
_
and
102,644,884
20,586,31*7
$0.71
shr,
Commonwealth invested
in
$2,605,881
Net
105,926,218
9,683,559
24,909,595
Whiting, President,
444,500
various
Subs.)>
deductions
depreciation
steam
at
centrate
Net
Total
2,290,281
9,085,937
.
Whiting
stantial
Fed., State &
proper, and an
the physical and
28,773,243
31,387,273
,2,346,751
.
36,042,704
* 9,456,387
9,776,269
——_
kilowatt
of
another
-
Laboratory comprises two buildings—the laboratory
adjoining brick building which houses the offices and
Gross
350,340
Prop., plant and equip, (less
Goodwill, trade-marks, etc._
.1,597,817
34,593,154
year's construction
and
Mr.
ACCOUNT
income
deducting
of
located
7,200,000
1,699,029
,1,430,081
1988.
R.
addition
for
'
;
operations
less
U.
ceremonies
12,148,473
7,383,965
299,003
11,376,218
stock, 0.55 share of Central Illinois Light Co.
11,438,447
7,658,058
subsidiaries
183,517
12,123,020
—
_______
compared with 296,241,210 for the. corresponding week to 1943,
of 15,181,674 or 5.12%.
as
tions
Investments:
Foreign
34,444,887
income—
weekly
company,
and
used
'
.
1,309,947
33,163,073
Consolidated
Kreisinger Development Laboratory, dedicated to the memory
Henry Kreisinger, a pioneer who made major contributions to the
6.400,000
securities, at cost
reserve
478,095
11,077,215
income i' 11,933,503
7%, and electric sales exceeding 15-billion kilowatt hours, up 10%,
together with the greatest construction program in the history of the
of
Kreisinger Development Laboratory Dedicated-—
26,191,467
Government
receivable,
,..358,572
plan for dissolution of Commonwealth and the proposed reorgjmization
of the Service Company in the annual report to
stockholders, released
on
May 11. The first annual report of The Southern Co., presently a
The
'
Gross
13,163,965
United States
21,152,247
119,524
capital
p.
Justin
promissory
.___
"After
16,058,918
Cash
18,456,800
22,343, 952
Annual Report Reveals Present Status of Plan
expenditures.
authorization
proceeds
$
$
•
26,674,382.
17,194, 700
increase
an
sub¬
authorization
instalment
System,
construction
instalment
Commercial Credit
COMPARATIVE BALANCE SHEET
?
224,544,074
108,324,708
15,012,955
this corporation adjusted to show
general business conditions ol
territory served for the week ended May 5, 1949, amounted to 331,422.-
form
The Development
Total
17,154 ,042
29,855, 811
Commonwealth
received
3V4%
of
received
Inc.,
INCOME
from
income
science
Net
121,791 209
3,545,848
of
program
$59,407,527
32,668,731
29,154,500
5,558,639
(net)
per
The
stockholders.
Consolidated Earnings—3 Months ended March 31, 1949—
Earnings applicable to minority stockholders
1948
$54,746,451
62,798,351 241,861 359
3,651,130
Commonwealth & Southern Corp.—Weekly Output—
1949
stockholder
Net earnings—after providing for minority interests——_
Earnings per share (978,112 shares net outstanding)
1949
«
1949—12 Mos.—1948
at
'
Colgate-PalmoliverPeet Co.—Income Account—
3 Months Ended March 31—
6.4
7,437,825
—
net
169,'
—V.
1776.
p.
5.0
ACCOUNT
5,904,800
income
several
of
purchased will be sold in the market.—V. 169,
215,811,000
0.9
5,899,146
income
Earns,
in
reserves
purpose
228,240,000
INCOME
utility plant—
Consol.
Gas
in
efforts
solicit
Engineering-Superheater,
Total
the right to stabilize the price of the stock
facilitating the distribution and offering.
The
company
state; that it will at no time acquire a net long position
in shares so .acquired in excess of 10% of the stock offering.
Shares
lor
3,4
additional
of
Deductions
1949,
used
later
finance
to
its
Co.
Vice-President
director
a
"Net income
the
"
,
215,586,000
210,176,000
211,155,000
7,923,014
Gross
share.
part,
217,433,000
217,253,000
com¬
estimated
presently
expenditures.-
CONSOLIDATED
the right to sub¬
stock ($8.50 par), to
held,
to
an
stockholders.
its
past
% Inc.
6,354.900
Other
Young, in charge of operations and a director since 1946,
elected Vice-President of this corporation.
been
1942
have
shares
June 3, 1949, for
share for each nine
sell
1948
—
The
'
Gas
Columbia
Gas-Co.
Combusion
and
issue
to
common
proceeds
The
stock
common
record
of
one
of
company's
its
of
stock
authorization
the
deprec.—
taxes
for
operating
New Vice-President—
Co.—Rights, Etc.—
frEC
week
week
of
30,779,737
Net
George S.
LaGrange, 111.—V. 169, p. 1987.
before
or
extent
received
shares
249.334
Holders
scribe,
the
has
company
the
totals
output
66,547,430
;___
income
beven
Cincinnati Gas & Electric
associated
corresponding
to
Columbia
to
use
dealers
$2,350,000
for
used
capital
Fuel
Columbia
and receiving radio com¬
were
Output—
1949—3 Mos.—1948
revenues
10
funds
$11,700,000
being
of
debentures
necessary
stock
common
parent,
be
working
United
sell
has
locomotives
was
$613,700.—V.
224,660,000
of
general
are
program
"ell
to
1950
Kentucky
and
to
munications.
motive division of General Motors Corp.,
1946,
the
over
kilowatthour
—
Amortiz.
given interested persons until May 23 to request a
the proposal of the company to sell 1,345,300 addi¬
would
City,
Kansas
increase
—
Provision
of
each
others.
the
approximately
net
group of security
the new shares.
shares
issue
its
.
only eight more, in addi¬
required to completely dieselize
Blue
at
quarter of 1949
and
1949
taxes
Fed.
To Purchase Notes of Subsidiaries—
194.9
freight
other
amendment.
will
construction
involve
first
$1,267,200;
—
cost
shares
for
by
up
$&39
all
and
State, local & misc. Fed.
SEC
filed
authorized
be
the
for
taxes
Co.—Weekly
the
Period End. Mar. 31—
«■
' '
share
one
income
stock.
percentage comparisons with 1948:
Maintenance
was
13,452,874
date
of
with
also
efficiency of switching service all locomotives working
principal
taxes
1947,
16
and
its stockholders.
stock
Company
not
by
the
Federal
common
.___
23
has
which
rail¬
and
Kans., have been equipped with transmitting
The
in
statement
offering to
issue
rate
shares
filed
financing
due
will
upon
notes
the
tiic suburbEn service.
To
be
to
the
the
a
for
Central
scheduled
to begin in mid¬
Two such locomotives
are
year
stock
to
Holding
at
additional
is
Boston
SEC
tional
.
on
1946
$1,036,767
$0.76
CONSOLIDATED
year.
First
hearing
announced.
also
this
..
..
.
for use
1947
$2,009,892
are
7
April
£9,594
October, 1948, of 1,223,000 shares of
$19,905,000 realized from the sale in March,
and
manage
;-The
of which 34 are assigned
streamlined passenger sec-
horsepower Diesels
road
early
on
.
.
1,500
new
officials of the
summer,
were
ten
suburban
road's
tion
of
Louis.
the
shares
new
of
which
that
to
St.
registration
a
common
under
with,-the
scriptions
;,
and
filed
authorization
Subs.)—Earnings—
$0.76
0.9%
a
Following
and
Operating
Operation
prospectus,
holders
the
May
24 record
on
the
securities
and
in
City
the
company
'-'The
-
November,
Kansas
£41,203
£33,815
for
$2,013,481
Edison
showed
producing fields amount¬
on
insur¬
notes
$0.33
Ended—
30
-
such
switching and road switching assignments. inaugurated its fleet of "ROCKET FREIGHTS"
weeks
May
£13,830
these
1948
$1,349,800;
7
ago.
April
—__
approximately $11,500,000 which it presently estimates will
be required to complete the
financing of the 1949 program and. to sell
Island
year
four
raise
1945, and completed dieselization of all main lines last
February when this type of locomotive was assigned to the run between
•
6
for
debentures
^
The
to
Diesel locomotives.
They will be taken to the road's main
locomotive shops at Silvis, 111., for testing.
.;
;
•
I
\ These deliveries will bring the total number of Diesels operated over
Rock
a
■
Cr33,550
acquire
1053.
p.
$61,958,000.
the
Y.
freight
the
3%
System,
FREIGHT" service,
this
ten new 4,500 horsepower
"ROCKET
41,749
18,118
1559.
p.
company,
as
were
from the sale in
connection
Expands "Rocket Freight" Service—
r
to
stock
mon
are
temporary
16 Wall St., New York, N.
to
proceeds
the
of
Definitive
May
stock
realized
-v
Chicago Rock Island & Pacific RR.—Definitive Bonds
Bankers Trust Co.;
'
t£23,159
1,345,300-share
shares held,
plus
subscription price
'*
now
3,845
Cr28,14i
169,
Commission
subscribe
of
ends
at
1945.—V.
a
common
respective
requirements.—V. 169,
outstanding
;,v y.y
;
.
shares
in
the
Net
of
22,697
May
Week
———
application
with
$0.54
.
58,418
31,001
loan from
company
An
6,439,185
4,388,380
$0.08
number
on
after
1776.
p.
1,398,779
698.459
65,910
47,312
7,719
proposing
2,892,209
5,254,373
share
com.
"Calculated
«
3,992,934
:
depos¬
$144,445,000 were
$861,957
Commonwealth
ended
adjustment—
According
508,892
753,467
taxes
—
per
*
-
cttvl*
its
Electricity output of
Commonwealth
Edison
Co.
and
companies,
excluding sales to other electric utilities, for
Columbia Gas System,
Inc.—Registers With SEC—
1949—3 Mos—1948
■
whereas
with
£310,618
exps.,
1947,
inc.
railway taxes—_
oper. income
ry.
•:
lines
banks, corporations,
who
169,
1949
provision for estimated
tOn 2,636,878 shares of
charges.
1945
1946
£425,405
Ltd.
£37,996
$23,343,384 $71,105,040 $75,872,718
$20,988,103
revs.—
and Canadian
1947
with
investors
share
per
$444,400; 1948,
169, p. 1988.
455,328
gen.
temp,
on
The
1949—Month—1948-
-
"After
barrels
302,758
ACCOUNT
"Including intangible drilling expenditure
ing to
£89,803 in
1949,
£54,514
in '
v
•
market
paper
other
purposes.—V.
profit
April
and Dec.
Chesapeake & Ohio Ry. Co.—Earnings—
Period End. Mar. 31—
and
1949,
£549,491
deprec;, etc
Inventory
depreciation and
31, 1948,
plants and equipment.
new
and
investment
tEarnings
287,676
^
:
business,
established
Commercial Solvents Corp. (&
"Net
89,530
Prov.
for
1949,
commercial
open
companies
&
etc.
$15,732,563
reserves
at March 31,
28,
INCOME
etc
Profit
"At
had
company
Quarters End. Mar. 31—
902
production
Co.,
$15,280,321
———
amortization
March
the
'
...
1948
'
Total
the
the
deductible.
168,
28, 1949.
—
field expenses
5,393,150
4,644,092
—
1949,
of
expense
not
are
9
banks aggregating $336,260,000, of which only
of $191,815,000 -being available.
Of the company's
outstanding,
as
above,
$130,101,000
were
placed
ance
its
ended
:—_____
fees,
"Drilling,
17,000
5,393,150
4,603,248
', ' 287,676
—_
surplus
weeks
Directors'
202,200
201,200
550,000
•
2,
temporary
Anglo-Saxon Petroleum
share)—
a
—
four
weeks ended Feb.
Total income
on
!—...
surplus
Paid-in
State
and
(est.)
Capital
Earned
the four
Admin,
maturing Feb. 20, 1961
Series D-4% maturing Dec. 31, 1966__
Reserve appropriated for inventory price decline
operating
an
NOTE—Provision for Federal
902,427
27,037
Series C—57c
for
in
production for the five weeks
1949 amounted to 368,318 barrels, compared with 301,916
3 Mos. End.
24,852
680,436
maturing $50,000 semi-annually
that
announces
COMPARATIVE
;—_
income
on
company
ended May 2,
barrels for the
Debenture notes:
Reserves
increment.—V.
~
„
claims and expense—
and State taxes
Workmen's compensation
3Va%
"
interest
Federal
The
647,073
163,730
—
$1,200,000
367,081
____.
May
itory
as
preferred stock
on
On
Colon Development Co.—Production—
payable
deductible
1946
$15,280,321 $15,732,563
—
Accrued
1947
$698,361
surtax
profit
of
Earnings
LIABILITIES—
Trade
Is
dends
1948
.
Notes
(2101)
use, the balance
short
term
notes
7,145,814
132,732
—
Total
CHRONICLE
in
38,284
166,825
tProperty,: plants and equipment—7,162,815
Deferred charges
113,077
Patents, trade marks and goodwill
1
on
FINANCIAL
5,886,894
advances
and
Prolit
1,541,881
5,665,596
-
-
&
Quarter End. Mar. 31—
$315,028
__
COMMERCIAL
Climax Molybdenum Co.—Earnings—
•.
31,'49 Dec. 31,'48
funds)—
(net)—
receivable
Inventories
Sundry
SHEET
Mar.
deposits
working
obligations-.—
Govt,
Trade
BALANCE
'
(demand
S.
THE
kwh.
V.
-
for
169, p.
amounted
to
196,100,000
the
corresponding week of
1988. %
'
^
kwh.,
last
compared
year,
with 195,200,000
increase of 0.5%.-—
an
,
,,
'-
4
Consolidated Retail Stores, Inc.—April Sales—
Period End. Apr. 30—
Sales
—V.
1949-rMonth—1948
$3,357,169
169, p. 1560.
1949—4 Mos.—1048
$2,969,425 $11,087,356 $10,808v805
12 Mos. End. Mar. 31—
$26,937,194 $28,641,099 $17,274,549 $12,185,231
6,184.645
5,972,623
5,227,488
5,764,936
Depreciation and deplet.
Net
income
profit
Com.
taxes
7,731,194
.Carle
3,157,781
$4.29
3,158,601
$3.94
com. share
per
3,157,431
$2.22
-
•
1948
calendar
In
the
in
the
General
Mr.
report,
Indicated
Conway
that
Other
1949
would
net
ft
dollar
present
normal
Milwaukee.
level,
policy,"
it
Mr.
will
Until
be
these
expenditures
continue
to
necessary
return
to
conservative
a
'
.
172,867
152,775
250.
.
,
c# rf* r-
.
,
$209,467
additions
The
structure,
.Aeronautical
which
Corp.,
5,326
V
-
1
$51,624
$47,813
5,373
■
the
will
first
of
quarter
1948
cancelled" dUe
was
Corp.
Continental
Can
lines,
bus
routes
which
(1)
for
Continental Oil Co.
t
i
Diana Stores
;
;
.
—'V. .169,
Gross
operating
'
income..:..
____r
Net
development
costs
3,895,502
operating income
Dividend
Other
__
___%
$14,604,635
and
State income taxes—
No.
of
Net
Little,
of
Capital
outstanding March
31
4,823,458
per
$2.25
Net
10,975,872
___:
government securities, March 31—
Operating data (in barrels of 42 gallons each )tCrude oil production (net)
••.Refinery
Sales
39,653,176
of
refined
products
"f
the
.
8,913,063
10,596,954
.____
7,727,971
9,285,239
Number of wells drilled—
13
*t
holes
oil and
operating charges and
Included
in
for
the
three
months
produced
of
by
1948
totaled
controlled
376.
P.
taxes
the amounts collected
operating income. iThe
during the three months of
accrued)
oil
gasoline excise
gross
(or
crude
142
—'
——
Slate
in
respect thereto
amounts
1949
of
such
totaled
$7,296,030.
companies
-y.119
included
not
are
,
■
equity
This
ended
kwh.,
Sales
at
in
The
class
Cost
of goods
Net
5,
Provision
Net
••
-
the
to
of business
Stock
on
on
outstanding
to
the
and
number
have
not
of
shares
been
purchase offer dated Jan. 27,
to make inadvisable further
dealings
the
Securities
such
V.
Committee
stock
on
Stock
List
stock
bf
on
which
end of the fiscal
At the
an
filing
application
this
the
.
'
/c
102,573 in¬
y
....
.
with
compares
dividend of
a
40
cents
share
per
prof,
;
;
and
15' to
a
disbursed
was
Dec.
on
.
.
4,155,829
/■
■
—;
Proceeds
Cutler-Hammer, Inc
1949
{Gross profit from oper.
Selling
&
Shipping
$2,356,521
$2,292,506
'••.
644,421
;
196,753
248,821
24,669
2,135
taxes
ized
21,889
74,567
000
Of
1948
435,000
69,076
■
will
profit
for
period
$603,382
$671,770
com.
per
share
$0.91
$1.02
659,998
Of $24,519
—V,
in
168,
p.
shares of capital stock.
$573,599
/
1225.
p.
762,887
{Includes miscellaneous income
1949, $2,135 in 1948, $2,821 in 1947
and
2117.
have
of
been
the
called
sinking
for
fund,
$17,926 in 1946.
redemption
$419,500
of
June
on
first
1,
next,
mortgage
S?nthJ
l'wn9E7;
par and interest- Payment
sfriSf Phi?
I P
Trust Co" trustee, Broad
Philadelphia, Pa.—V.
w
169, p.
Quar. End. Mar. 31—
Profit after charges—"
Prov.
for
Net
No.
income
taxes.
profit
of common
4%
will .sell
for
and
-
(&
the
the
facilities
The
Co.
being
the
4,000
of
being
are
which
oi
new
p.
contract
it
to
Build
the
the
Commission
finance
the
and
is
will
be
the
of
corporation
considered,
Is
ordered
—V.
169, p.
for
Tennessee
of
as
well
as
construction
the
to
that
Gas
gas
to
12
Subs.)—Earnings—
the
$1,145,197
$971,573
171,673
238,051
458 079
460,523
1947
1946
consolidated
Provision
$388,399
776,650
776,650
776,650
388,325
$0.36
$0.50
$0.88
Thayer
for
.
part of
debt
sold
be
condition
.
~
-
■-
the
be
to
$687,118
Depreciation
at
Co.
(&
allow.
N.
Y.,
in
issued
in
the
by
TGT
.
and
Net
a
471,576
603,962
$32,657
$1,220,086
Balance
contract,
association
with
per
Mr.
Decca
The
with Decca and
for
20
-
York
years.—
*■
.
bonds,
4,551
35,993
21,287
•$103,730
$68,650
$1,241,373
29,463
20,119
117,617
.•.',,
.
J i.__„33,400 'rU
lest.)
•$183,906
stock
32,999
52,138
60,056
foreign
outstanding
244,190
•SSe^l
,
$629,950
244,190
244,190
Nil
$2.53
"
Nil
*
i
460,800
"
reserves
$200,623;
and
SHEET
MARCH
31*
1949
deposit, $535,456; .trade, acounts re-l
$125,763), $1,514,742; other accounts re¬
of
on
inventories
advances
other
BALANCE
hand
on
to
at
lower of average cost' or market,
contractors, $325,425; prepaid insur¬
$137,473;
miscellaneous
investments, ac¬
logging
expenses,
payable
to
banks
(current), $1,350,000; ac¬
payable—trade, $437,661; accounts payable—logging contractors,
payrolls ahd payroll taxes. $393,514; accrued taxes, interest
timber
to'
The
purchase contracts,
payable in installments (including $138,880
year), $389,013; other long-term contracts, $54,000;"
pension tn-st premiums, $26,801; capital- stock outstanding(244,190-27/50 shares), $1,220,953; additional paid-in capital, $1,351,729; earned surplus, $5,404,710; total, $15,464,527.—V. 169,
p. 1006.
within
one
for
F. A. R. Liquidating Corp.—To Vote to Dissolve
The
stockholders
vision
1948
the
.
&
Radio
company.
of
—;
.
this
Corp.,
on
corporation, formerly Farnsworth
Tele¬
May 25 will vote on a proposal to dissolve
See also Farnsworth in V.
169, p.
1990.
-
$23,845,542 $18,577,520
5,809,540
;
»
3,876,759
5,640,005
depletion—:
i
prior pref. stk.
applic.
to
6%
preferred
share
of
6%
preferred-.—
New York
exp.
order.,
5,291,027
1,842,975
1,853,674
Fairchild Engine & Airplane
Corp.—Meeting Adjourned
L.
$10,553,022
$7,556,060
B.
1,108,727
1,108,729
.
$9,444,295
$25.24
$17.23;
Bankers Trust Co., New York, N. V., has been appointed New
paying agent for $12,000,000 first mortgage and collateral trust
334# series due 1974.—V. 169, p.* 1450.
of
course
its
obligations
on
regular
May
11, said:
business
principally
for
in
$6,447,331
Paying Agent—
Richardson, President,
the
important1
that
Guy
Lombardo, with his.
'
4.909,783
538,375
'••■'
(after
reserves
;
taxes—
income
announced
1947
$6,668,250
and
other
expenses,
$183,890; Federal, State and foreign taxes on,
income, $613,027; notes payable to Prudential Insurance - Co.—term
loan, payable in installments beginning March
1,
1950,
$3,500,000;
due
Associates—Earnings—
Dividend requirements on 4##
1948
LIABILITIES—NQtes
"In
$511,050
.' '
3,986,959
share
ASSETS—Cash
counts
-
1949
-
.
$33,226;
remains
bidding.
-
and advances, $131,250;
timberlands (after depletion), $2,610,611; property, plant and equipment (after reserves for depreciation of;
$1,823,425), $4,508,706; patents and licenses (after amortization), $81,-*
947; other deferred charges, $148,001; total, $15,464,527.
December,
present
issued
currency
;
.
$4,623,578
•_:.___
and
CONSOLIDATED
ap¬
of
and
States
,
its defense program.
Obviously, it
ernment or the stockholders or the
this
the
cbrporation has
United
is not in the
employees for
management to be
"In
order
annoyance
to
tion
oh
the
we
assumed
Government
interest of the gov-;
the attention of the
indefinitely to the solicitation of
proxies.^
the. stockholders
of
any
further unnecessary
growing out of repeated adjournments of the annual
meet-r
i'ng, and in order
proxies,
diverted
relieve
States
to
business
enable
the
of
company
the
management
to
instead of
asked Sherman M. Fairchild—before
concentrate
on
•
•
with current
3,223,517
—
•
and
United
plan
Ven¬
meeting
$3,586,811
______
state
common
•Deficit.
of
1949
and
________
income
per
of
Subs.)—Earnings—
-
Federal,
profit
one
counts
Esti¬
part
are
competitive
TGT
Interest and debt discount—
Earned
9,
wau! °ne 0f the first artlsts t0 slsn
will mean
of
and
President
about $40,000
at
com¬
manu¬
1989.
>
considered
treasury.—V. 168, p. 2323.
expense
on
the
p.
•$108,282
income
ol
of
169,
the company
leave
balancing out
Altogether,' $189,000
the
Products
$5,270,293;
* '
project
securities
on
income___.
income
outstand¬
development, '*
Lindsley,
liabilities
current
put into
for
ance
behalf
on
for
•
5,400,000."
ceivable,
•
$1.60
May
Total
ceivable
Transmission
installation
TGT
by
Months Ended—
Total
1948
$626,450
Nil
stock
director of Eureka, told stockholders at their
a
Miscellaneous deductions
'■*.
East Tennessee
vicinity of Buffalo,
any
should
imposed this
1224.
$1.11
:
-
pump.—V.
being
income
Net
sold
used
leak-proof
a
effect of the plan will
and
be
Interest
1560.
ig49
1778.
V
Pipeline
approximately $14,000,000.
In authorizing
undertaking
Commission also
387,341 ' v •423,673
-
common
•
net
!'
the
Tennessee
system
yet.
of
Corp.—Plans Reorganizatoin—
tentatively
9.
Shrs.
for
approximately
loop lines along its existing system between central
TGT
as
.•••;- •
share.
per
offered
distribution
Ltd., and
Other
pro¬
project
of
<
.
1946
.
—
proceeds
and
taxes
'-'-.r
y'y"
'•
required quantity
authorized
•
.
•
($10)
chares
Eureka
Prov.
involving a proposed increase of the company's total
capacity to 1,000,000,000 cubic feet a day. Part of the project
authorized in December, 1948, and another
part, involving an ex¬
'
lby,
Co.—To
Oak Ridge plant.
construction by TGT include
northern
.
Emlenton, Pa. —Stock Offered
F. H.
on
May 2 offered 10 shares of common
Operating profit
system
income
$451,771
«Vice-President, on
Lombardo ^aP,P' signed a new Decca
had
V.
'y'tVvt
facilities
larger
Lombardo Signs Contract—
his
Gas
Gas- Co.
deliver
authorized
and
unauthorized
$280,098
shares—
Earned per share
:y
and
treasury
1881.
:
Eastern Gas & Fuel
Decca Records, Inc.
company's
p.
additional horsepower at compressor stations.
tension
will be made
and Walnut
•
Streets,
169,
Natural
Natural
.
1947
•
633,862
Vv; $1.73
$1.99
,
Selling, admin, and engineering
Sold
of
resell
of
$0.2g
.
%
3 Months Ended March 31—
given the
were
proximately 4,200
$0,17
was
There
30
mated cost
$112,703
$0.87
.
DeBardeleben Coal Corp.—Partial
Redemptionaccount
March
-
155 miles of 30-inch
9,567
$0.27
Corp.,
Evans
pipeline facilities for the purpose of supplying 60,000,-'
natural gas per day to the atomic energy plant at
Tenn.
Under the proposed arrangement, Tennessee Gas
Facilities
48,000
136,000
$225,995
1948
has 354,436 shares
company
Gross sales, less returns
Cost of products sold
Co., West Point, Va.—Stock
-
465,000
taxes
\
>
■
-
$361,995
'
share
Reorganization
is
$236,038
14,223
new
feet
Ridge,
which
9,87i
•
,
$25,300,000 $30,500,000 $26,500,000 $23,200,000
6,528,185
6,155,253
4,375,700
1,187^34
j—
169,
facture
1948
$353,585
24,835
—
to; reimburse
•
Transmission
117,904
352,000
.
120,000
•
charges
com.
the
assets
•
solely on the basis of strong representations made by the
Energy Commission, the Federal Power Commission has author-t
Louisiana
Net
Used
Tennessee
cubic
-
■
-
$336,979
—
1949
•
1-
after
the
pany,
The
>
expansion.—V.
East Tennessee
Oak
un¬
taxes..'
Estimated Wisconsin in¬
bo
for
Co. to build
9,396
65,879
•.
^
,
at
——
Crawford
May
Acting
Atomic
227,989
& amort.
income
fEarns;
Electric
Facilities—
'557,376
240,825
..;
^
share.
orders
Emlen
t;
.
$1,029,443
688,129
280,666
(net)
security and
employment taxes
come
"
223,031
Social
Federal
1946
347,429
exps.
expenses
Prov. for depr.
1947
784,907
admin,
Interest paid
1948
$2 ,418,419
expenses
General
East
-
.
$216,979
common
The
Earnings
-Earnings—
3 Mos. End. Mar. 31—
will
funds
352,124
5,458
•
Co.—Earnings—
per
would
Corp.—Earnings—
March 31—
' .-I
H ' • "
sales
vide
3,666,843
331,521
(ncti
1_^_
stock at par
last
15,
Philadelphia and
Scott, Horner & Mason, Inc., Lynchburg, Va.
*
t
$4,018,967
-
taxes
Earns,
tures,
holders of reCord' July' 1.
per share previously paid each quarter.
cents
25
Larger Common Dividend
taken up by Woodcock McLear & Co.,
also
Mar. 27,'48
$4,487,350
expenses
/
>
Mar. 26,'49
,
31
sales
year,
right to subscribe for 13,125 shares of common stock
(par $10) at $15 per share, in ratio of one-for-eight.
Rights expired May 3 and stockholdersv subscribed for
about 70% of the issue.
The unsubscribed shares were
strike
See
;
sold and expenses
of
Net
again
directors declared
stock, payable July
common
East Coast
with
to
Exchange.
'
*
.
1333.
p.
Net
said that
have
—The stockholders of record
remain
subsidiaries
of
input
:
•
per
Elliott
On Dec. 31, 1948, unpaid
Net profit after taxes—
—V. 169, p. 1332.
•
company pursuant
become so reduced as
the
System
kwh.; an increase of
corresponding week of last year.
earnings
March
.
Dumont Electric
the
authorized
also
Exchange Commission
listing and registration
169, p. 1989.
by
3949, has
therein.
has
and
from
such
purchased
its
The
of
hold
receivable totaled $15,237,771,
loans
"A"
List,
the
for
to
81,905,000
the
over
for Federal income
Earnings
V. 169,
1§48
made
1949
.
Three Months Ended
common
stock, $1 par value, was suspended from
Philadelphia-Baltimore Stock Exchange at the close
May 14, 1949, because, in the opinion of the Committee
acting
company
Corp.—Weekly Input—
1949,
earnings
shares-of
Net
City
the
:
Jersey
City.
|
ing.—V.
the annual report said.
in
the
on
Jersey
..»»
State','of,
'
Place,
Exchange
enables
Jersey
-
dealings
of
1
a 14-page illustrated booklet commemorating
169, p. 1989.
May
1989.
4
non-recurring nature
'":•••'■•;•,
addition,
Mos.—1948V"
the
in
company
No.
action
amounted
(Iqss returns) I
•Loss.
balances
loan
3,
^
Agent, Etc.—
this
of
Bank
This
23.1%,
or
Other income and
'■'$464,372
,•
2Va % stock dividend
year.—V. 169, p. 1881.
*■
'.-.v.
169
Cooper Distributing Co.—"A" Stock Suspended From
Dealings—
; *.
•
" -■
National
respect.
has issued
week
p.
Backlog
$617,654
a
ended March 31,
year
President,
Greene,
May
the
In
and
not ^consolidated.—V.
office
of, stockholders
Quar. End. Mar. 31—
1949
1
,
Dow Chemical Co.—Declares
On
1943—4
•
.•
'
$6,116,807 $24,721,864 $23,154,130
.; ' '
Earnings from operation—.:
paid
$7,555,926
{Includes
not
are
taxes
in
,
.
-1946
since the early part of March,
shown increases and that the
management felt justified in anticipating that operations for the en7
suing year will compare favorably with the year just ended.—V. 168,
p. 2322.
/./•'
•■;' j,
on
Total
,
year..' "■
Arthur
outstanding
32
'■Federal and
First
this
corporation
169,
aggregate amount of $26,143,410, or an average
an
history of the company.
.
74
Dry
.
the highest
the un¬
paid balances of such loans amounted to $15,018,544, an increase of
$1,992,776, or 15# over the tctal of $13,025,768 at the beginning of
i*
"
10,013,883
the
in
loans for
balances of installment
28,665,121
\
9,323,927
runs
1
,
V
of $254 for each loan,
9,356,346
expenditures
^
(& Subs.)—Earnings-
deducting extraordinary expenses of
company
in the
$0.04
Elgin National Watch Co.—Earnings—
$1,219,133
profit, after provision for income taxes—-
The
713,457
•
division,
for the previous year.
$0.75
and
—V.
'
$2.92
$1.00
.
the
this
15,403,000
y
1947
' 1948
$1,474,535
Fiscal Years Ended March 31—
.
4,747,155
L_,
share_______________„__.
share
per
paid
of
>
of
Domestic Credit Corp.
$10,834,635 $13,849,543
shares
' 1949
$1,760,683
chgs.
all
news
stallment
earnings
Dividends
5,200,000
—
*"
corporation
T.
struction
$19,049,543
3,770,000
_____
Fed.
Income
Cash
after
•Before
Total
Prov, for est.
Net
def 8,424
$2.01
;
established
Electric Power & Light
announces the election to its board of directors of
Philadelphia, Regional Vice-President of the con¬
and Robert F. Marshall, Business Manager
"Architectural Record."
The
J.
110,083
*
66,842
891,821
$3.08
$9,527,198
Anniversary.—V.
3,602,529
106,268
_______
(net)
The
J.,
in
50th
For
-
(F. W.) Dodge Corp., N. Y.—Elects Two Directors— v;
*
$14,431,525 $18,947,884
income
income
its
$1,212,845
per com. share..
r.' $6,£8
$5.07 '
$3.81
•
$3.79
•After all charges and taxes, Including Federal taxes. ' tOn 202,666
common shares.—V. 169, p.; 601.
$80,162,197 $79,044,707
i
' .,891,821
,
$31,526
Inc.—April Sales Lower—
registered
meetings
'
1948
$1,793,095
1949—Month—1948
:
recently
was
The company
of the
and motor
•{Earns.
NCost, 'taxes, operating and leases and retirem'ts 58,260,796 53,619,049
administrative exps. 3,584,294 2,875,245
Deplet., deprec., surrend'd
Intangible
End. Mar. 31—
inc.
•Net
'
The Bank was op Feb. 15. 1949 appointed co-transfer agent for the
'
preferred stock and the common stock.
:
Vc v
;,
■.
(& Subs.)—Earnings— •:
"
1946
$2,746,862
3 Months Ended—
Dixie Cup Co.
•
•
1949
:•;
.
N.
company
,
1949—Month—1948 >; 1949—9 Mos.~-19481
$1,573,607
$1,200,408 $13,644,042 $11,593,631
1560. ..'>>•/
p.
1947
the Denver
7.
.
prin6ipal
City,
Corp.—April Sales Increased 31.1%—
Period End. Apr. 30—
Sales
12 Mes.
(& Subs.)—Earnings-
Subs.)—Earnings—
1948
1666.
p.
Jersey*
future
the retirement oL the
than Dec. 31, 1952.—
and
168, p. 2682.
*
just started construction of a new plant
in West Mifflin Boro, Pittsburgh.—V. 169,
Quarter Ended March 31—
taxes-
—
-—
The
retirement
to be replaced by trollev coach lines
31, 1951, pursuant to Ordinance 96 of
signed June 22; 1948, and (2)
related equipment not later
house
power
has
Co.,
taxes_^_
Income
169,
New
Net income for the first
are
by Dec.
Council,
•City
1449.
p.
•'
to
in addition to the depreciation,
is to provide
This deduction
made.
be
rail
working
r
$291,811
$116,908
.
provision for Federal and State income tkxes required.
income tax returns, *it is contemplated that "an obsoles¬
no
1949
used
211,000
92,500"
•
■
$42,435
.
deduction, not yet computed and
cence
•'"/'
•
•
,
Wig.ton-Abbott
for
(&
profit
Sales
13,825
—V.
the
SEC
Under¬
be
$30,978,096 $30,488,809 $23,711,500 $13,797,369
4,674,545
4,676,436
2,939,454/
Not ,
1,964,521
1,929,574
1,146,359) ' Stated ,
Period End. Apr. 30—
$516,637
6,027
on
'
Spring of 1948.
'•
$215,435
4,824
—
for
the
Proceeds will
for
additional
:••
Edison Bros. Stores,
*
1-
Therefore,
-In
was
formerly No. 2 Plant of the Wright
purchased by the Continental Can Co. in the
was
1969.
—$2,710,024
Shares outstanding—1,709.942
Earns, per com. share—
$1.51
—V. 168, p. 2547.
$511,311
\ 5,968
to CD
€0 ^
*
To Build New Plant—
The
for
Net
104,558
116,907
146,688
$51,374
debt——
income
V.
and extensive structural alterations to this
company's
.plant in Paterson, N. J. have been completed by Wigton-Abbott Corp.,
engineers and contractors of Plainfield, N, J», it was announced on
May 10.
V. '
• :
bef." inc.
quarter of 1949 is before any provision for obso'escence for 1949 to
be determined later and which will, probably annul income now shown.
'
•
-
.
179,839
December, 1948, adjustments for depreciation.
dividend
Conway concluded.
due May 1,
Electric Boat Co.—Co-Transfer
more
a
183,987
income
Net
required to keep the company competitive and efficient in our growing
Mr. Conway said.
"The major part of such expenditures
in the current year will be for
equipping new metal container plants
at faterson, N. J. and those now in process of construction at Pitts¬
and
953,533
$46,800
Net
business,"
burgh
incolrie
with
mortgage bonds,
1949
sales
$1,742,271
1,233,138
1948
1949
Income
indicated that capital expenditures in
be on about the same level as last year when
$14,355,000 was spent for the purpose.
high costs we are limiting these expenditures to those
of
$1,739,353
1,382,452
225,875
and State taxes
Fed,
Improve¬
and
$1,765,693
1,479,441
income——
funded
notification
_•
Prov.
1947
$1,909,465
—
income———
on
With SEC—
of
Corp., Omaha, Neb.
debt retirement and
acquisitions,
Prof.
1946
taxes.———
"Total
probably
amount
"With
expansion
for
plant
letter
a
Eaton Manufacturing Co.
(EDTi,
Earnings—
Corp. (& Subs.)-
-j
Int.
Wachob-Bender
capital.
'
respectively.
program
for
1
first quarter of 1949 were off about 4%
from those of
quarter of 1948, the figures being $61,226,298 and $63,812,368
Referring to the company's
ment of facilities, Mr.
Conway
revenue
Net oper.
the
first
writer,
first
4'/o
of
Quar. End. Mar. 31—
Qtr. Ended Mar. 31—
Operating
*,
on
1,
May 3 filed
on
$60,000,000
'
Operating expenses
Depreciation —1
1949.
year.
commenting
sales
31,
of
April
1989.
P-
Denver Tramway
This compared with a net amount
of $13,542,385 after preferred dividends,
applicable to 3,157,781 com¬
mon
shares outstanding March 31, 1948.
Share earnings of $3.94 currently reported compare with $4.51 per
share reported in the annual report for the calendar ytar 1948.
Net
sales
for
the
12
months, according to the current report,
amounted to $317,135,874 against $284,735,785 reported for the corre¬
sponding 12 months ended March 31, 1948 and $319,721,944 for the
March
issue
New York, on or before noon
Cedar Street,
140
169,
company
for
Net
Conway, Chairman of the board, on April 26 further re¬
ported that after deducting preferred dividends of $562,500 for the
1949 period,
$12,458,855 was applicable to 3,158,601 common shares
on
2008.
May 25.—V.
C.
outstanding
Room
at
Monday, May 16, 1949
Eastern Nebraska Telephone Co.—Files
The
1
for the purchase of the entire
certificates,. series I, to be dated
trust
•
for
,
1949, to mature in 15 consecutive equal annual instalments of $210,000,
on April 1, 1950 and ending on April 1, 1964.
Bids must be received at the office of J. G. Enderlin, Treasurer,
$3,983,661
2,859,461
$1.20
$7,557,977
$13,021,355 $14,104,885
__
shares outstanding
Earnings
Bids
—
•
commencing
2,436,634
4,489,084
8,563,591
equipment
$3,150,000
RR.
-
bids
requests
Company
i
1946
1947
1948
Western
&
Equipment Issue—
V
subsidiaries)
1949
Operating profit
Federal
owned
wholly
(Incl.
CHRONICLE
FINANCIAL
&
Lackawanna
Delaware
Continental Can Co., Inc.—Earnings—
,
COMMERCIAL
THE
(2102)
10
its
atten-'
the solicitation of'
fhis adjourned meet-
;Volume 169
ing
THE ' COMMERCIAL
Number 4803
hekl-^how much time he wanted
the stockholders
whatever he wishes to present to them for affirmative action.
*,
Mr. Fairchild stated that he needed eight weeks;
Accordingly, the
.management has agreed to adjourn the meeting until July 6, 1949,
with a specific agreement in writing lrom Mr, Fail-child that he- will
make no effort to block a quorum at the adjourned meeting on July 6
and
that his stock and any stock ..which he may then be authorized
to vote will be represented at
that meeting."—V. 169, p. 1881.
was
to present to
M
■
,
The
;
Period--
SEC
has
that
announced
hearings
./
The
initial
claims
of
asserted
period
to
claims
no
and;
in
Net
would
in
by
to
assets. asserting that
of
Certain
estoppel,
judicata
res
stockholders
Federal
of
and
Federal's, common stockholders
against such claims.—V. 1G8, p. 846.
Gamble-Skogmo,
Inc.
Subs.)—April
(&
,
19.74%—
"Net
value.-
The
dlate
169, p.
——
Quarter End. Mar. 31—r
profit
r)///'
Net
gen;
—
—
and
have
1949
7
1948
,
.
*//■/' /"*
y
Net
the
167,
2542.
p.
~
__i
•
*.
oh
hand
/
:• >
1947
'*
-
480,474
$2,790,842
59,918
with
■
.
>
and
;
1949—4 Wks.-^-1948
year
agp.-
101.578
Federal
$1,906,106
$2,850,760
$2,446,941
195,420
197,216
203,879
Sales
(net)
_
*$2,650,820
419,415
$1,270,845
$1,732,799
$2,668,298
*$2,231,405
485,000
660,000
1.040.000
$785,845
$1,072,799
$1,628,298
*$2,231,406'
shares-
1,917,646
1,898,614
1,898,614
671,856
share.
$0.31
$0.46
•
fornia
Net
■
taxes
Earned
per
com.
"Loss.—V.
V
;
common
169,
Operating
income.
Miscellaneous
1946
1947
-.
..
*V'.
Total
■i
income
Interest
/
"-/.
Prov.
$1,457,577
1,782,100
258,791
103,852
283,193
$649,581
19,462
-
••s,
Costs,
Income
»
'
■
.
$653,179
23,983
inc.
Fed.
for
34,526
..,r/* 6,213
21,884
59,385
107,577
63,000
tax.
567,000
conting.„
for
100,000
652,000
Dr$422,161
6,812"
;
v
.
30,131
:
sales
__—
.
48,561,675
170,000
taxes
Net
e
interest
in
21,500,000'
of
this
'/
General
Electric Co.
eold
v
said.—V.
dends
received
pany's
are
169,
1779.
p.
*
1940
'
:
-
V.
4
*
Ginsberg,
v
Period End. Apr.
:
1947
—V.
for Fed.
$5,286,933
$5,967,855
$4,899,782
4,173,774
3,909,015
$1,113,159
$990,767
154,912
150.994
129,862
—V.
inc.
$1,305,379
$1,243,022
$1,128,360
282,473
254,389
240,908
391.000
404.000
393,000
349,000
taxes
$618,906
$595,633
charges
$1.01
$0.97
$0.92
$7,007,09" $21,251,822 $20,698,970
$8,676,110
-
ICC
&
May .11
Ohio'
"Based
Chicago RR.
G.
M.
City
&
the
into
absorption of
the
1948
1947
1946
$4,001,500
$2,852,400
$2,773,700
814,900
*$1.13
$0.81
all
The
Public
electric
to
of
this
/
upon.—V.
169,
p.
Gulf system.
of Dividend
) On
May
to
6,
holders
Jan.
2
of
and
quarters
directors
record
April
June
this
1,
payment of
a
General Time
>
12 Weeks Ended—
week
the
'
.
*
20.
year,
a
,
>
*)
>
ended
May
Other
-_—_i—
A
in
$3
of
per
each
the
of
168, p.
share
payable
distribution
similar
while
$2.25 was made.—V.
'
,
income—
(net)
—
net
- :
was
four
July
made
on
on
Consolidated
T Hollingsworth & Whitney Co.
"Includes
5.980.0S5
$1,293,652
55,862
net
income—
common
shares-.
$1,349,514
$868,422
364.853
1
1561.
/
548,435
369,762
/,;
earnings
—
:■
to
direct
assume
/.
$801,079
333,243
$2.26
$1.38
1949
1948
1947
$329,375
$836,065
*$269,002
785,000
785,000
785,000
1946
"Earns,
per
$0.79
$0.28
$0.93
Nil
share
com.
"After preferred dividend requirements.
tAfter depreciation, bad
debts, inventory shrinkage, Federal taxes and charges applicable to
minority interest.
*Net loss.—V. 168, p. 2119.
v
Houston Oil Co. of Texas—Earnings—
Period End. Mar. 31—
and
gen.
/including
Pipeline
Co.
Earnings)
1949—3 Mos.—1948
earns/from oper.
Oper.
Income
$4,926,612
1
1949—12 Mos.—1S48
$4,897,175 $18,374,223 $14,987,623
exps.,
taxes
from
2,049,631
—
-
$2,876,981
oper.j
income
Total
:
2,028,509
8,070,361
6,782,062
$2,868,666 $10,303,862
$8,205,560
89,891
68,007
441,966
506,836
$2,966,872
$2,936,673
$10,745,828
$8,712,396
64,837
67,687
267,900
270,900
3,710
971
498,814
376,010
-
income
_______
bonds, notes, etc.
on
Amcrt.
debt
of
.
retired and aband.
Federal inc.
■
discount
and expense
Deprec. and depletion.
6,623
3,884
428,799
1,776,736
1,642,503
218,762
1,223,984
691,523
(est.)
501,090
524,850
1,551,240
1,245,550
profit
i
Common shares outstdg.
$1,522,411
$1,695,603
$5,919,345
$4,858,186
1,100,000
1,098,618
1,100,000
1,098,613
$1.38
$1.54
$5.38
$4.42
taxes
Net
Earnings
per
—V.
p.
•
169,
share
1114.
Hudson Bay Mining &
/
Other
19,676,000
$3.39
$2.17
$2.37 *-
of
9,076,202
after Federal tax, of
Texas
//•• //
'
Gulf
'/'.
.
Sulphur
'
V,
March
Earnings
per
453,294
exp.
)
I
$790,921
■»
•'
•
1949, 463,794 tons of ore were milled from
compared with 465,482 tons In the first quarter
and 450,235 tons in the three months ended
168, p. 2119.
c
;
82, 693,269
$1,381,970
061,969
1,196,222
$631,300
446,209
228,174
189.976
$344,712
$403,126
$73,416
1.612
12,320
Gross
$121,468
130,366
131,614
390,882
394,589
86,871
90,642
260,612
271,925
$134,587
income
"Inqoipe
on
—_
charges
adjust, inc. bonds
'Deficit.
18,191
$346,324
$415,446
$14,963
179,000
137,000
168,000
—/
$273,428
$209,324
$247,446
$2,296,185
2,057,329
$2,425,563
2,129,878
$238,856
$295,685
$100,787
$384,936
$342,298
27,702
28,530
$266,558
$324,215
,
com. share
$0.62
$0.45
$0.55
Nil
on
adjustment bonds.—V.
169, p. 1779.
$8,963
and Fed.
—
168,
Idaho Power Co.—Common Stock Sold—
Blyth
Co., Inc., and Lazard Freres & Co. announce that sub¬
books have been closed and underwriting agreements termi¬
the offering of 200,000 shares of common stock.
See details
&
scription
•:
6.000
p.
2542.
nated
on
169,
V.
p.
1884.
Illinois Bell Telephone
Period End. Mar. 31—
Uncollectible
"
1949
1948
1947
$109,886
per
A.
9,352
$82,651
income-
$112,116
9,234
income
$833,951
721,835
"$3,228
Di 800
shares
$237,207
$299,000
outstanding
133,879
115,121
69,873
share
$0.82
$2.06
$4.28
common
charges,
Brccht,
were
1949—3 Mos—1948
$796,748
723,332
operating revenue
and taxes—
exps.
$186,748
$452,428
earnings
After
1948—Month—1948
Period-End. Mar. 31—Gross
Oper.
*
.
Earnings—
1946
•
$453,228
-
_
Common
1943
$0.71
of
./ /.
'
Hajoca Corp.—Earnings—
•W.
1946
$1,961,710
$1.02
operating costs, including administration, depre¬
$On 2,757,973 shares.
Operating revenues
"Net
1947
$2,800,743
$1.29
Hudson & Manhattan RR.—March
Operating
Slated
quarter
1947.—V.
31,
*
Co.
1947
Not
/
first
Nonoperating
1948
$906,522
the
In
Slated*
,
taxes
income
1948
$3,552,241
$1.50
the company's property
of the -previous
year,
shares
50,000
income
for state
'Net
Smelting Co., Ltd.—Earnings—•
1949
$4,135,285
share
"After deducting all
1947
38,517,000
11,^,45,250
$408,660
333,243
$1.44
has been appointed trustee
785,000
shares outstanding
SPer
1948
11,345,250
s
1949
/:.—-
adrp,
income
Earnings
366,378
1949.
$724,564
profit
Com.
"Exclusive of interest
Gross
•
$573,027
$2.24.
22,
lloudaille-Hershey Corp.' (& Subs.)—Earnings—
Quarters End. Mar. 31—
,
Dr35,094
$937,880
388,490
$1.66
sold
The Colonial Trust Co., New York, N. Y.,
of an issue, of $265,500 income bonds.
Prop.
$903,516
Dr205
income—
61,510 shares
$910,234
*450,000
by public offering on March
deducting preferred dividends.—V. 169, p. 1667.
in
7,011,102
$785,387
Hotel Wayne, Inc., N. Y. City—Trustee Appointed—
;
Int.
income
$6,883,581
Apr. 3,'49 Mar. 28,'4ft
profit after charges and Federal inc. taxes
Common shares outstanding at end of period—
tEarnings per common share
taxes
share
sales——w_{
Gross
1902.
$8,304,754
(& Subs.)—Earnings—
Quarters Ended—
mortgage
■■/
non-recurring capital gain,
Profit before inc. taxes
$938,085
-—
Earned per share
-V. 169, p.
1948
$18,657,633 $18,451,083
ciation and depletion and estimated income taxes.
Not
Cpst of
■
of
Roebuck &
1949
•
Net
preceding-
6,434,072
—
a
Sales
1
Mar. 26, '49 Mar. 20, '48 Mar. 22, '47
Prov. for Fed. & Canadian inc. taxes
Number
''•./••'
*,
Hamilton Watch Co.—Earnings-
-3
stocks,
common
Quarters Ended Mar. 31—
Consolidated
Leonard
succeed
to
the Sears,
——
*26,973,000
Income
Quarter End. Mar. 3l—
Account
$7,372,157
income
President
169, p. 803.
Int.
-NOTE—In both periods the chaiges made against income for deple¬
tion, depreciation, and amortization were based on the original cost of
plant facilities in use.—V. 169, p. 1452.
6,
or
.
dividend
preferred
-1
operating
first
1949
outstanding
.
•Loss.—V.
Net
elected
$35,473,000 $50,317,000 $25,076,000
"/■/..
./•-••
Sell;,, adv. -&
the
Operating costs & expenses
.
com-.
Orleans, La.—V. 166, p. 2210.
3 Mos. End. Mar. 31—
Stock.
Corp.—Earnings—
'
sales
been
forpierly General Manager of
was
New
—V.
1991.
of
Corp.—Weekly Output—
declared
on
per
Prov.
Net
T.v
Ma., and Kansas City.
the ICC, calls for Gulf
$1,965,000 from the sale
Arrearages—
the
accumulations
of
1451.
kwh., a decrease of 2,121,511 kwh.,
week of last year.—V. 169, p, 1990.
.
account
p.
Steel Casting Carp.—Declares $3 on
General
St.
(& Subs.)—Earnings—
Fed.
after
shares
"Does, not-include
$0.32
■
for
profit
Comm&n
319,500
$0.41
period.—V. 169,
corporation
110,330,794
1.9//, from the corresponding
*
City,
already owns all outstanding capital stock of the
and has long operated its properties under a
The Kansas
City company's trackage runs about>
lease.
Earnings
409.900
•
shares outstanding.
Utilities
output
amounted
Kansas
O.
(approximate)
,
/■
'■
share
compared with $500,000 for the 1948
/ General
the
company
Gulf Oil Corp.
NOTE—Costs and expenses increased in the 1949 period to $3,068,100
from $2,682,200 in 1948 and Federal income taxes totaled $702,000
1949
has
"Estimated net earnings
Net
1949
taxes
1,016,705
on
in
Sales
Other
RIt.—Merger Authorized—
authorized
Profit before Fed. inc. taxes (approx.)
1,143,900
after
com.
1949—3 Mcs.—1948
rights over the Kansas City line in order to reduce the running time
Burlington's trains between Kansas City and St. Louis. This request:
for
delay was denied.
The Burlington's application
remains to be
$0.83
$4,912,600
_
and
per
the
with
(The) Hecht Co.—Quarterly Sales 1.1% Higher—
Gross
$538,451
share
—
profit
*
together
of
General Portland Cement Co.—Earnings—
Earn,
mentioned
1949—4 Mos.—1948
-
for
Quar. End. Mar. 31—
Net
Meltzer
(Including Houston
Quarter Ended March 31—
sales
//'"■• '"/ /'•
4Vz%
bonds
/ *
i
Some of the Kansas City company's bondholders had asked the ICC
to delay action on.the proposed absorption until the Commission has!
acted on a pending application of the C. B. & Q. to acquire trackage,
168, p. 2430.
Net
M.
Quarters Ended April 30—
$5,991,625 $24,988,253 $20,493,149
.
137,593..
$639,431
com.
per
investments
who has resigned as President and General Manager afte*
with the company.
This change becomes effective June 4.
.
The plan,
approved by
obligation of $2,083,800 of outstanding
of the Kansas City company.
/'<
profit
Earns,
the
on
1561.
p.
miles between Mexico,
1.56
acted
Net
30,
as a
+Net
.1949—4 Mos.—1948 3
1949—Month—1948
-
109,
perpetual
4,813,470
retirements
Prov.
30—
Gulf Mobile &
1943
$1,154,385
—
.
prov.
;"/,//:/■,
.
.
1949—Month—1948
•
Sales
The
320,847
&
adjusted to
special contracts.*
(H. L.) Green Co., Inc.—April Sales Up 23.8%—
Kansas
4,717,779
profit
Amortiz.
and
Stores, Inc.—April Sales Up 41.5%,
169,, p. '1883.
The
$1,351,278
''
t
that
June
803.
store
v
♦
-
Total
fact
ended
year
with respect to a ruling oJ
concerning title to the Cali¬
the
ruling might affect the
the net income derived from other properties which"
operated under a permit from the State of California.—
169, p.
24 years
!
'
-
......
$1,196,366
*
expenses.-
Profit from operations
(net)
Nil
decline
later
•";"//
,,/'/vY '•
...v.
$8,470,246
—V.
Inc.—Earnings—
1948
*
$5,914,145
revenues..
income
price
is
Quarter End. Mar. 31--
Miscell.
382,488
$1.04
1949—Month—1948
/;
Sales
Louis
Operating
Operating
States
share of
being
molded
General Outdoor Advertising Co,,
-
1561.
Period End. Apr. 30—
$0.88
discontinuing production of cold molded plas¬
tics in order to give more emphasis to the growth of the company's
thermosetting and thermoplastic molded and laminated lines, the an¬
nouncement
163,.p,
Grayson-Robinson
25,389,149
$0.93
plastics business to the'
Garfield Manufacturing Co. of Garfield, N. J., was announced by the
G-E Chemical Department-on May 7 as a final phase in the
closing
of the department's Meriden,
Conn., plastics plant.
The transaction
includes inventories, formulations, engineering specifications and some
./
equipment from Meriden.
company's
382,488
(
.
inventory
—— $20,484,874 $16,960,892 $62,228,606 $60,685,041
—V.
Sells Cold Molded Plastics Business—
sale
the
of
situation
*$459,103
Grant Co.—April Sales 20.7% Higher—
Sales
' 89,254
shares issued
28,845,927
on
(W. T.)
Period End. Apr. 30—
!
/The
and
for the
company
the
United
the
"
net
—1__26,702,978'
___
share
per
the
of
made
Court of
may be covered by this ruling.
The position
result of this ruling, has not yet been clarified.'!
a possible overstatement of income fop
nine months' period ended March
31, 1948, a reserve of $769,323 ha»
been provided out of income, which amount is
equivalent to the divi¬
,
46,978,403
—————
income
Earnings
possible
/v.;.vv
f-V. 169, p. 1452.
23,500.000
income
nonconsolidated
/
382,488
$2.12
$2.15
for
$398,295.
contingencies.
iAs reported a year ago and
$10,167,786 to include raw materials purchased on
50,202.978
on
and
income
$812,097
.■
725,580
(net)
Income
Minority
$12.00
expenses*
properties which
__—
other
./
Federal
report of
was
$2,939,272
etc.
companies,
?
328,488
"
"Deficit./tAppropriation
46,252,823
1,641,303
—
revenue
outstdg—
share____
Earnings'per
363,053,853 319,705,167
,—
shares
>
$
411,615,528 365,957,990
_
and other sundry
Com.
1948
""
*
'
Total
$12.74
administrative
and
——
.
profit —_—/ " $821,018
Net
'1949
'-■■■'
and other charges—.
from
Interest, divs.,
"*
■
-■/
billed——
expenses,
$12.10
selling
Dr$428,374
3,597
-
$1,608,20G
$1,573,386
—
charges.—t—
tResorve
'-■./
Subs.)—Earnings—
//■',.'//'••'-
//-
■
sales
769,323
$3,118,468
/
6,026,802
•
$1,586,738
33347
charges
Special
Nil
$0.74
.
3 Months Ended March 31—
Net
annual
Maurice
5,935,175
5,821,240
$1,539,539
—
.income
:
1667.
p.
General Electric Co. X&
•
operating,
taxes,
tidelands
tAfter
»./
'
$3,080,503
11/•/.:;
./••'i-
.-
•
income
No. of
from
Consequently, in order to avoid
*
* *
9,823,199
313,643
arising
company due to its ownership of 28>/a% in Long Beach Oil Development
Co
and 34in Southwest Exploration
Co., both of which companie-j
*
>
the
mention
Supreme
Co.
1948
$11,676,381* *$7,691,171
—r
of sales, sell.; gen.1
admin.,; expenses.—
Depreciation —'/.i—
14,753
$1,710,686
38,452
/
'
1949
Cost
$2,653,545
$1,232,393
income
Mr.'Meltzer
31—/,
$2,939,272
'
1949—9 Wks.—1948
/'
Granite City, Steel Co.—Earnings—
i
793,903
$3,887,791
-
$8,113,532 $21,663,921 $18,041,493
.-■>/,/.
/ /. '
■
1*779.'
p.
434,266
$2,145,363
Hearn Department Stores, Inc.—New President—
Sales/!—$9,7-85,291
169,
366,176
$3,159,019
decision.
of such
•
26, 1949, totaled $8,986,520, a
the previous year's total of.
on hand of $3,543,526 against
a
.
728,772
operate
5Q0.555
pn
•'///
respectively*.,
1947
$3,080,503
income—-:
1947,
$3.05
under
$5,504,823,
1948
.
341,559
——
"Including- crude oil,
the
ago
$14,997,563
rapid
0^8,746,571 $30,306,842 $12,245,090
34,150,029. 26,284,593
9,017,873
1,174,480
497,054
647,58.1
Net income per capital share——
$2,548,519
52,915
$1,500,000
Period End. Apr. 30—
*$2,068,045
423,524
a
Net
.
Current Sales Rose 20.6%—
1943
v
$3,214,366
485,602
than
more
1948,
in
came
700.
p.
'
and U. S. Government, securities amounting to
$1,000,000 as compared " with $500,000.
Current assets at the close of;
the year
totaled $14,386,591 and current liabilities $4,952,897, com¬
22,113
■
Feb,
year
$2.39
$1,853,190
(net)—
income
at
$3,008,127
of
"Tidelands"
.
Feb. 28, '48
tBased
whieh
quita
during
of
$3,080,503
income——
tProv.
for
conting.
any
$3.55
-
prices
169,
1949
..
r
Net
•
imme-;
-
.
of
Dividends received
*$116,069,097 $99,818,829
" 1,777,972
1,528.049
■
.
was
place
California—Earnings—
Net/incomc-H——
tin
'share
period
took
interests
for
Feb. 26, '49
The Cpmpahy reported cash
229,276
profit——
*' ";'/. ./"V
.
facilitate
decrease
$1,461,670
income
Federal
available
off
the
which
corresponding period
seope.—V.
Intangible devel. costs, etc.—
Depreciation and depletion
working capital, settle,
linancing of investments in
situations.—V.
after
per
issuing
best
for
11
-
augment
$10,562,700.
77,994
depreciation—
•,
/
to
shares
of
the
to
in
operating income
fCosts, oper. and gen. exps
.
plans
is
Co.—Earnings, Etc.—
NOTE—Inventories
1948
—V.
income
income
additional
time
and
special
it
leveling
severe
were
the
Gross
y
••
present
no
believe
193,719
-
$2,338,792
681 042
inet)_
inc.
oper.
Other
the
to
&
Net
w'
has
and
volume
reductions
than
/ Niije Months Ended March 31—
$202,68G
" " $0 64
•
•
inevitable
the
price
less
Hancock Oil Co. of
-
1
1948
•
$0.82,T
5Highest volume in company's 76-year history.
outstanding shares of capital stock.
«. /
$1,383,676
for
it
directors
obligations
3 Mos. End. Mar.
/»Total
Prov.
stated
The
$87,521
(& Subs.)—Earnings—
exp.
.Balance
oper.
•
sales
profit
tEarnings
'' 7// ■/ ' .'///v
Other
succession
{
"
the
of
while
the
were
t
«
1949
$2,064,718
sales
on
&
*'
Months Ended—
pared
adm.
i
—.
1667.
corporation -to
businesses
12
-
Gross
share___
146,097
taxes
.—
General Cable Corp.
Sell.,
$839,125
.
1940
•
Grand Union
Off
36,558 shares outstanding Dec. 31., 1948.—V. 169, p, 497.
on
;
i
$44,555
$1.22
—
per share
''Based
-
shares.
outstanding
1779.
i
Net earnings after charges and
"Earnings
.*$932,073 .:
•
that
added
considering
earnings
because
'
Three Months Ended March 31—
Tonnage
.
$259,958
issuance-from-time
new
-
Gauley Mountain Coal Co.—Earnings Lower—
'
i.
corporation
the
df
1949—4 Mos.—1943
$13,600,877 $37,799,581 $44,500,451
.$10,915,714
■
common
-
additipnal
,1949—Month—1948
sales
—V.
$70,217
:
ppi 1883 and
169,
Total
/-Period End. April 30—
.
At a
;
a
•
-
,•
par
have
Sales
$66,524
—
-
1048
-
Brecht
the period,
special meeting to be held on June 2 in lieu of the annual meet-.
ing, the stockholders will consider increasing the authorized capital
stock by the addition thereto of 2,000,000 shares
of common stock, $1
laches,
represent
defenses
1949
•
Mr.
Graham-Paige Motors Corp.—To Increase Stock—
(
/
.such
any
(2103)
satisfactory,
—Jan. 1 to Apr. 30—
1949
1948 ")
earnings after taxes
—V.
/,',.
to
its*
principles
the
limitation.
of
formed
similar
of
'•
End. Apr. 30
r
{
192G.
distribution
the
statutes
.
asserted
.•
,
reveneus
9 Days
,
«
p. -1990.
Earnings per
the issues involved in the
Corp. against Federal based, on
limited
Service
Water
//
stock.
Federal
-
Quarters Ended March 31—
inter-company
barred
committee
of
CHRONICLE
Globe-Union, Inc.—Quarterly Earnings Higher—
'
profits and charges made over a
Federal contends that it-> is en¬
summary
order determining that New York Water Ser¬
cause
of
action against Federal and Is not entitled to
a
are
be
beginning
years
has
share
will
York
improper
participate
each
for
hearing
New
of
titled
vice
stock
•'*•
*
Operating
June
Co: common
t
.
-
,
.—V, 1169,
be reconvened on
7 upon the plan filed by the corporation for distribution to its
stockholders of 0.5 of a share of Scranton-Spring Brook Water Service
,.
•;
.
.,*■
.
FINANCIAL
/'Georgia & Florida RR,—Operating Revenues—
\
..
Federal Water & Gas Corp.—Hearing June 7—
•
&
5 V*7c
reserves
for taxes and
President,
less
than
stated
that
all other reserves.
sales
the corresponding
for
the
period of
first
1948.
oper.
Operating expenses
Operating taxes
Net operating
quarter
of
rev._
Operating revenues
Net
—V.
after
169,
-
income.
charges.
p.
1667.
Co.—Earnings-
1949—Month—1948
1949—3 Mos.—1948
$18,276,270 $17,414,142 $53,735,733 $51,089,760
53,079
39,482
152,565
120,624
$18,223,191 $17,374,660 $53,583,168 $50,969,136
14,785,065
14,414^824 43,991,418 42,379,778
2,265,701
1,960,500
6,482,211
5,754,227
$1,172,335
810,557
$999,636
720,052
$3,109,539
2,006,184
$2,835,131
2,020,728
12
about 9.47%
Indiana Associated Telephone Corp.—Earnings—
Period End. Mar. 31—
V.
Operating
$342,804
746
344
$1,099,738
2,199
$961,605
963
$372,361
$342,460
$1,097,539
$960,642
282,536
253,970
820,637
rev._
revenues
expenses
771,528
Rent from lease of oper.
Rent
for
CY600
CV200
lease
of
oper.
property
J,
50
Operating taxes
43,263
44,071
142,506
electric
Net
after
$41,512
$134,246
$83,957
29,571
25,013
charges
169, p.
42,620
94,797'
166a.
Stuart & Co. Inc. headed
underwriting
an
group
that
offered publicly May 11, $8,000,000 first mortgage bonds,
3% series due April 1, 1974, at 101.769% and accrued
interest.
that the
Halsey, Stuart & Co. Inc. announce
subscription books have been closed.
stated that the
& Co.
Stuart
Inc. and
basis
the
on
3.05%
of
the
on
the
successful
deal.
private
The cost of money to the company
2.930874%
annually as against
bid
The
Securities Corp.
Mullaney, Wells & Co
Otis
W.
R.
offered
the
issue
at
com¬
The
received
company
the
bids,
seven
lowest
which
of
was
substantially higher than had been offered privately.
The
bond
issue
awarded
Competing
bids for the bonds as 3s were: Union Securities Corp., 101.16; W. C.
Langley & Co., 100.9111; Hemphill, Noyes & Co. and Drexel & Co.
(jointly), 100.909; Equitable Securities Corp., 100.611; Lehman Brothers,
Goldman, Sachs & Co and The First Boston Corp. (jointly), 100.52997;
Blyth & Co., Inc., 100.51.
was
May 9 on
bid
a
of
shares
mon
(no par)
at $25.0994 per share in the ratio
share for each 10 shares held.
Rights expire
£ p.m. (EST) May 25. Otis & Co. (as sole underwriter)
has underwritten the offering.
one new
Otis
&
Co.,
Cleveland, won the job of underwriting the stock.
offering price of $25.0994 a share, less an under¬
writing compensation for itself of $97,499.
.The following proposals were
listed in the runner-up bidding for
The
firm
Inc„
made
an
underwriting of the
C. Langley
White,
Weld & Co. (Jointlv)
$24.75 per
$75,000; Lehman Brothers and Goldman, Sachs & Co.
(jointly), $24,875
$94,348.16; Union Securiaes Corp., $24.75 less $131,887.98; Blyth &
Co., Inc., $24.50 less $122,237; Wertheim & Co., $24 less $83,625.
Bonds
at
dated
are
redeemable
time
April
1, 1949; and are due April 1, 1974.
Bonds
option of the company, in whole or in part,
at
to
prior
the
maturity
generai
redemption prices, the initial general redemption price being 104.50;
bonds will also be redeemable upon like notice through operation of the
sinking fund or through the use of certain proceeds of released property
at the special redemption prices,
the initial special redemption price
being 101.875; plus accrued interest in each case,
any
APPLICATION OP
days'
30
notice
net proceeds
ex^usive of accrued
interest,
estimated
are
$8,003,388
after
deducting estimated expenses of $94,132.
The
propose! to apply sari net proceeds, together with the pro¬
ceeds from the sale of 107.226 shares of common
stock, toward payment
of part of the costs of
for
Jan.
1,
In
expenditures
Net
order
1947
to
and
the
.(b)
finance
1948,
issue
this
and
sale
$3,896,788 (after
shares of 5%
from
series,
issue
and
of
stock
issue
and
sale
$100),
(par
$22,916
and
after
Prov. for depr.
Prov.
Estimated
of
<c)
and
bonds,
financial
lor
PROGRAM—On
studies,
the
six
the
$2,519,288
will
obtained
be
stock.
common
the
of
its
latest
engineering
be
expenditures for
1949
CAPITALIZATION, GIVING
will
be
EFFECT TO
PRESENT
Authorized
First
mtge. bonds, 3'/»%
Bruce
series, due 1970
*
series, due 1970—
*
tady,
8,000,000
notes
Cum.
$3,000,000
__
pfd. stock
(par
$100)—
4%
cum.
cum.
pfd.
Common
stock
(no par)
39,000 shs
1,500,000 shs.
mfturinS
*1
$1,000,000
maturing
dated
March
loans
being
Notes
matured
each
April
6, 1946,
evidenced
to
April
1,
1953.
between
by
and
the
l
the
and
Issued
April
C&QC6116d«
SUMMARY
Years End. Dec. 31
Total oper. revenue
Operating
expenses
loan
and
agreement
and
several banks, the
company's 2%
notes.
1949, have been paid and
the
1947
acquisition
-1946
1945
$23,692,946 $21,167,862 $18,582,788 $18,370,612
10,368,110 ' 8,622,991
6,730,449
5,876,570
1,773,935
1,783,628
1,432,981
1,265,171
1,964,456
1,762,408
1,615,273
1,581,334
''
adjustments
Taxes, other than
Federal
Fed.
exc.
prof,
215,928
215,928
Fed.
2,228,948
2,018,118
taxes—
income
2,350,000
2,230,000
215,928
1,802,810
215,926
Oth?rrfni!!mrtin/C^
$4,731,569
income (net)——
471,712
$4,534,789
$4,560,347
$3,618,452
267,974
263,917
24,263
sales
'l100"16
from
$5,263,281
gross inc.
,Net
$4,802,763
$4,824,264
1,326,566
1,440,428
1,463,044
income
mlntw f
brincipallv^
$3,362,335
*
th*
^ term of 50 years.
$3,361,220
was incorporated
169,
—
$0.59
Schenectady,
Herod,
Y., has
N.
those
are
of
elected Treas¬
been
per
of the Executive Department;
administrative assistant, Executive
Company
is
a
and
Assistant
Treasurer
Ind.,
and
1947.—V.
"Net
profit
"After
Moores'"le
169,
nnPfhatln!, !,eV^nUe of the comPany and its subepproximatefy " 90. 22? was e^ded ?ec/ 31' 1948> totaling $23,692,946,
90
^'1 derived from the
2%
electric
departments,
511,913
458,572
42,373
Y
.
42,946
-
disct.
4,092
$60,594
from
$33,894
charges
1948
$1.87
(& Subs.)—Earnings—
John
H.
Hinman,
annual
olf,
3,250,810
2,719,902
$3.75
9,224,503
from
and
;
'
Administrative
other
"
1949
not
reach
expect to
will
1948
income
for
for
and
general
those
of
Federal
stock
income
and
184,931
taxes.
income
York
New
1946
before
but
for
Balance
Per
share
lower
for
deduction
750,000
dividend
requirements
S.
P.
The
the
to
Our
Second quarter earnings will be
sheet
balance
Commission
about
May
result
net
5
plan
a
for
of
stk.
com.
outstdg.
OF
(1,187,730
COAL
plan
Of
shares
of
for
6%
$728,000 in
issuance
the
stock
common
$1,609,700 and
have
no
and 3%
Bonds
but
stock
a
the
new
the
of
new
for
the Commission said.
Total
1949
by
secured
portion
of
281,069
Net
rev.
pi
portion
opers.
$1,123,059
215,078
avail, for fixed chgs.
152,929
income
122,631
adjustment
shares
of
Corp.,
Omaha,
Neb.,
will
be
202,247
609,305
142,546
432,020
693,287
340,942
"595,147
giving effect to
an
increase
of
169,
for plant extensions and
capital.—V. 169, p. 1991.
1949—4 Wks.—1948
Telegraph
Corp.—Officers
C.
Nicholas,
as
former
President
Assistant
to
the
of
Television
Farnsworth
President.
.
&
' " '
rison, Charles D. Hilles, Jr., David R. Hull, Edwin A. Nicholas, Henry
Ellery W.
Stone.
Stone, I. T. & T. Vice-President, is also President of Federal
Telephone & Radio Corp. and International Standard Electric Corp.,
1931
in various executive capacities
System.
with the I. T.
Net
tax,
■
New
'
858,840
531,855
2,253,733
1,852,359
Cr811,253
$2,883,431
_
...
$2,307,052
$2,251,224
"$796,873
'
64,368
64,442
65,357
1,162,425
1,017,034
708,365
637,574
$1,225,576
$1,477,502
"$1,583,109
$0.77
$2.31
$1,656,638
com. share
tlncludes
$0.97
$1,449,362
Canadian
and
14,032,075
1,219,384
dividends...;
"Loss,
24,825,035
1,242,461
dividends
income
in
and
1949
$1,688,983
148,662
Nil
in
Announcement
Manville
Sales
is
made
Corp.
taxes.
of
and
for
1948
Working Agreement—
■
working
a
H.
K.
Metal
arrangement
Craft
,
between
/
/;■•'
Johns-
Manufacturing
Co., New
Y.,
for
the
fabrication
of
Johns-Manville
Flexboard, to
requirements of manufacturers who wish to incorporate this
N.
the
material
-,
2,173,005
etc
profit
Surplus
Earnings per
meet
«:
1946'
1947
500,000
depletion..
inc.
Common
S.
1948
.
31,245,231
into
their products.—V.
Assistant
Keller Motors
1562.
169, p.
'
•
SEC—'
The
Technical
Corp., Huntsville, Ala.—Registers With
■
on May
11 filed a registration statement with the
proposing the public offering of 5,000,000 shares of common
(3c par) at $1 per share.
>.
> *
Greenfield, Lax & Co., Inc., New York, is named as the under¬
writer, the offering to be made by that firm on a "best efforts'"'
basis through
sub-underwriters, selling groups, brokers, dealers and
company
to
at
a
$ 1475
produce,
design
share
per
Director
Telephone & Telegraph Corp.—V. 169, p. 1991.
of
the
International
commission.
the prospectus, "It is the intention of the corporation.and
distribute
automobiles, the size, weight,. and
will enable the corporation to enter them in the
sell,
which
of
possible
price field,
while at
the same
time
letaining the
possible conventional mecnanical features of popular Amer¬
To
be
known
as
the
'Keller,'
the
corporation's first
product,
a
station
wagon, • will
be neither
'midget'
ncr
'bantam,'
but medium-sized, and adaptable to comfortable riding for a family
of five persons.
The corporation contemplates that out of the pro¬
maximum
ican
cars.
ceeds
and
of
sell
or
ireight
costs
this
its
as
is
of
$895
it
will
motor
and
changes.
and
"The
offering,
line
between
range
To
handling
be
enabled
vehicles
$1,245
this
charges,
at
f.o.b.
basic
a
price
taxes,
The
tially
manufacture,
which
optional
customary in the automobile industry."
plans
initially
to
produce two
wagon,
.
.
.
upon
is
which
extra
•
to
equipment
■,
models
of
the
it has to date centered its
It will endeavor to market
a
presently
estimated
price
its 'Superchief*
(deluxe) at the pres¬
(f.o.b.; factory). .
"
o; i
design of the station wagbn, both models of which are essen¬
the same as regards tooling and production, has been subfactory)
of
$1,195,
and
4
assemble,
expected
subject to market conmay be added,
as
required,
and
preparations for commercial production.
its
'Chief'
(standard) station wagon at
(f.o.b.
to
price
factory,
corporation
station
ently estimated price of $1,245
..
is
1949
contingencies.
and
tFederal
Keller
Admiral
Hull
for
Depree.
ditions
directors of the newly-formed corporation is as follows:
Sosthenes Behn, George Everson, Philo T.
Farnsworth, William H. Har¬
Captain
Prov.
lowest
Farnsworth, Vice-
The board of
& T.
"W
(& Subs.)—Earnings—
31,723,813
expenses—__
Accoroing to
Secretary; C. Douglas Webb, Assistant Secretary;
John J.
Assistant Treasurer; Edmond H. Dufau, Assistant Treasurer,
Roy H. Workman, Assistant Comptroller.
and
$44,962,533
$38,022,710 $37,525,400 $29,787,453 $12,955,804
and
agents
Roemer, Vice-President; William Clausen, ViceHartmann, Treasurer; W. F. Hoeppner, Comptroller;
H. Wiggin, Secretary and Assistant Treasurer; Dudley M. Day,
Roemer
1949—16 Wks.—1948
$12,824,800 $11,275,093 $50,428,656
stock
from
Brosnan,
C.
for
■'
/-
1884.
p.
sales
Cost
received
H.
will act
and
betterments
SEC
Newly Acquired Subsidiary—
David R. Hull, Executive Vice-President.
following officers were also elected: Philo T.
Radio Corp.,
Net
approximately
dent and
A.
$65,000
'-2y
940,811
a
Edwin
locally
^
meeting of directors of Capehart-Farnsworth Corp., newlyformed and wholly-owned subsidiary, Ellery W. Stone was elected Presi¬
and
sold
used
working
__________
—V.
$3,594,224
"109,837
-
International Telephone &
At
has
Holdings—
Company to sell 100,000 common shares—See American
Power & Light Co. above.—V. 169, p. 1668.
^
1949—3 Mos.—1948
$3,285,345
25%, effective as of Jan. 1, 1948, in the remuneration
Compania Agricola de Guatemala.—V. 169, p. 1780.
and Directors of
.
Jewel Tea Co., Inc.—Current Sales Increased 13.7%—
York,
bonds
America—Earnings—
1949—Month—1945
Net
"Includes
;
.
Kansas Gas & Electric Co.—Parent to Sell
Inc.
ry.
2,719
1,723,211
■
Period End. Apr. 23—
Retail sales
'
.
206.
$1,196,359
revenues.
from
claims
236,270
1,618,159
produced
169, p. 804.
283,607
1,486,941
certain number of shares for the unsecured part
a
169,
International Rys. of Central
operating
their
319,226
lessees
coal
Proceeds
amount of $11,199,500 will be eliminated,
will receive a stated amount of new
a
578,944
1,337,090
additional
bonds
V "
1948
621,39a
.
482,141
4% first mortgage bonds, series C, due April 1, 1969.
U.
said
the
stock, plus
the claims.—V.
Ry.
outstanding in the amount
stock have been found to
stock together with some of the new notes.
holders of $117,000 of Buffalo- Traction
common
receive
common
prelerred creditors and claimants will receive
The Commission
would
MONTHS
535,723
;
^
Produced
$10,000,000,
reorganized company of
total par value of $3,250,000
for their present holdings.
Certain other
of
the
in
the
of
owners
nearly
the
notes.
167,075 shares of
outstanding
the
$1.19
THREE
_____
Preferred
by
with
value and will be canceled,
common
plan would be that
would show a surplus
reorganized company
against a present deficit of
provides
$1.10
shs.)
PRODUCED,
ENDED MARCH 31
Qtrs. End. Mar. 31—
re¬
the
of
$1,100,000 as
on the bcoks of the trustees."
shown
37,903
$1,415,28-5
"
Total
Y.—Plan Approved—
approved
the
of
37,903
$1,304,114
169, p. 906.
company
"The
$1,453,189
;
stock
common
February
stockholders at
the balance of the year.
over
by.demand.
said:
Commission
775,000
$1,342,017
v-
in
part:
"Our volume is
number of products.
We do
a
the, first quarter.'Sr-V.
the
289,016
327,303
taxes..
period
TONNAGES
Bender
$4,660,330
which operates buses and trolleys in
Buffalo and Niagara Falls, N. Y.
The plan provides for use of a fleet
of 750 buses.
The company went into receivership in July, 1947.
of
183,589
279,818
286,697
depreciation—
Johns-Manville Corp.
The
43,655
$3,028,093
Jefferson (Iowa) TeJephone Co.—Bonds Sold—Wachob-
1947
taxes,
International Ry., Buffalo, N.
organization
157,788
expenses
Federal
depletion
profit for
Preferred
—V.
-
special reserve for replacement of capi¬
full production
governed
be
lower than
are
$2,984,443
income
$2,843,515
than
Provision
(& Subs.)—Earnings—
$13,814,831 $13,313,408 $16,160,540
prices
our
8,746,089
$2,685,726
_
miscellaneous
income
Taxes,
Net
operations
royalties
Interest,
$3.08
President, in his remarks
held on May 11, said in
meeting
and
1949
$11,910,230 $11,730,533
-
sales
at current costs.
the
>1949
.
sales
of
$1.43
1227.
p.
1947
$4.86
1948 of the $1,500,000
assets
$513,833
shr. of com.
per
169,
Cost
1949 and 788,155 common shares in 1948
1949 and
104,268
$670,095;;
stock'
March
Federal
and
84,197
*
Corp.—Earnings—
1949
share.
opers.
-
5,328
•-
-
income
Earned
'
debt
of
& other tieducs.
exp.,
Net
bonds____—
on
Amortiz.
&
General
the
of
4,135,734
700.
p.
and has served since
'fUSi'-J
$1,076,673
$39,026,242 $35,618,275 $28,907,244
—_
tal
utility
engaged
$1,266,205
.
Produced by Island Creek Mines:
Chemical
&
International Paper Co.
1,521,371
public
$82,168
earnings
Assistant Treasurer.
as
1452.
;
common
Henry
Indiana
27,569
$107,059
Schenec¬
Dayton,
Felix
affairs
formerly
p.
taxes
P.
$2,121,344
$1,049,104
23,349
President.
as
————
President;
also is
$965,031
$0.43
$1,146,506
$0.90
R.
announced
was
President;
in
$1,242,856
2,186
___c-i-'j
income
361,875
785,000
Assistant
IS™1 }?e Ci-y ?f ^ianapoiis,
Service^ Go/
837,000
Lawrence Wenz, Schenectady,,
$3,642,715
10nl distribution and sale of electric energy,
heating and fnlr",1,6 ProfPc"°". distribution and sale of steam for
-DDlianr«
1 *ndustrial purposes.
Company
sells
electric
mfftaiSdK'S' Wlth.doalcrs
the sa'e a"d financing of
rnmnn! w'"8 appliances to its customers.
It
'
$3,936,715
27°^fiANr?r BU?INESSTCompany
1,120,140
of
W.
"Based on 789,780 shares in
Chester
Oct
and
"Earnings
The
Deducts,
$79,982
1,523
earns
oper.
Income
$1,757,193
assistant on- corporate
Maher, of New York,
after
1,275,000
2,825,000
other
50,000
1,713,157
2,225,000
-
tax
50,000
1,952,008 shs._
Period End. Mar. 31—
'
Depreciation
of
1,
a
1952
$105,536
in¬
income—„„_
to
Net profit
EARNINGS
.1948
Maintenance
Amort,
OF
of
through
under,
company
issuance
including
Oct., 1
642,161
$2,341,819
541,788
9 Months Ended March 31—
1,179,479 shs.
1970, and of the 3% series, due 1974,
$8,000,000 principal amount, respectively,
but additional bonds of
any other series, unlimited
as
to maximum
amount, may be issued subject to the restrictions of the
mortgage.
'528,000
•
January
and
"Bonds of the 3%%
series, due
are limited to
$32,000,000 and
538,500
Provision
Co.—V.
325,000
,
44,000
Island Creek Coal Co.
$2,588,680
555,174
$3,579,494
Preferred stock of the present organization
*!
stock——,
765,644
47,500
80,544
—
retirements
for
$574,551-
Three Months Ended March 31—
60,000
of
International Minerals
The
100,000 shs.
884,378
taxes
Gross
period
Robertson
Electric
as
2,400,000
67,249
taxes
•
150,000 shs.
pfd. stock
5%
.
397,975
1947
1948
1949
•
Ore Co
appointments
as
Mr.
8,000,000
"
3,779,566
26,575
Subs.)—Earnings—
(less cost of
Robertson
M.
Henry C.
of
2,000^000
*
'+2%
the
for
Department;
the
Outstanding
$32,000,000
4,212,055
39,200
$1.73
respect
on
according
-Other
FINANCING
bonds, 3 Ve % series, due 1973
First mtge. bonds, 3% series, due 1974_
First mtge. bonds, 3%
First mtge.
$1.89
169, p. 1008.
urer,
company
estimates, that its construction
Jan. 1, 1947 to Dec. 31,
1952, both
of $53,841,755.
Of this
1948, and the company
$13,892,950, for 1950 will
$7,072,992, for 1951 will be $8,865,334 and for 1952 will be $2,837,000.
that
$6,484,189
356,745
International General Electric Co.—New Treasurer—
will require aggregate expenditures
$21,173,479 was expended to Dec. 31,
total,
in
taxes
Income
inclusive,
estimates
4,899,315
—
of plants & equip.—
Dalton
Earned per share on
—V.
from
years
$7,275,764
367,270
Total
output
basis
in
1949—12 Mos.—1943
$640,050
Interest
346,638
5,264,600
9,254,230
other expenses)
amort,
for
vestment
deducting
first mortgage
$8,000,000
approximately
the issue and sale of the
program
sale
of
during
1973.
anticipates that
/CONSTRUCTION
and
preferred
interest
the
from
expenses)
cumulative
company,
deducting
expenses)
shares of common stock;
additional
and
goods sold
1949—Month—1948
main.^^-
—V.
revenues
are
revenues...
Net
1,990,208
493,375
5,850,155
r—
Interlake Iron Corp. (&
properties
&
Other
outstanding—
and
the Western
exps.
Prov.
8,458,544
4,899,315
share-.
which
oper.
Net
2,506,760
taxes——.
Quarter Ended March 31—
now
Company
from
the
due
(after
issued
per
1976, respectively, and 5,000 shares
<$10 part
capital
properties of Western are to be operated by Iowa as a
The
Other
700.
p.
a
assets.
cash
Oper.
83,579,966 - 74,679,828
—
notesi—
Quarters End. Mar. 31—
the
program
$4,237,873
of 214.451
(including accrued
expenses)
3&%
(a)
deducting
40,000
$7,965,856
construction
obtained
stock
of
169,
Net sales and
1947.
from
serial
income
pay
Period End. Mar. 31—
1948
1949
—
earrings
—V.
and
Federal
its
of
the
$101,684,486 $90,739,868
—i._
bonds
for
all
of
through
Total
Subs.)—Earnings—
...»
acquire
all
and
and
1971
Income
revenues-—:
income
Shares
Net
other
to
acquire
Co.,
Iowa Southern Utilities Co. of Delaware^—Earnings— '•>'
v
PURCHASER
depreciation and depletion—-—
for
on
Provision
completing construction projects estimated to
$53,841,755 over a six-year period beginning
of
sales—
Interest
company
call
of
Provision
at
from the issue and
and
Cost
950,000
600,000
Cleveland, 'is the sole underwriter.—V. 159. n. 16Ca
sales
Western
$3,430,000
to
Power
950,000
~~~—250,000
150,000
Co.__
&
Inland Steel Co.-(&
Net
PROCEEDS—The
sale of the $8,000,000 bonds
at
at least
on
Wood
E.
of
to
Iowa
part of its southwest division, with
interconnected.—V. 169, p. 1114.
250,000
,———
——1
3 Months Ended March 31—
Net
&
less
will be
__L+
Co
Otis & Co.,
Co., Shields & Co. and
shaie less compensation of
W.
common:
—
—
—
Inq
Co.
&
Harold
for
of
&
Thomas
101.219.
Offering of Common Stock—The company is offering
subscription by its common stockholders of record
May 11 rights to subscribe for 107,226 additional com¬
;
^
Pressprich & Co
Stroud
due
stock.
500,000
150,000
-r
——:
Co.
&
'
<»
liquidation
is
authorization
SEC
Western
(subject to closing adjustments)
for
the securities of Western, which is
engaged in the utility busi¬
ness
in and around Council
Bluffs, Iowa.
The securities, presently
held
by Omaha Electric Committee, Inc., a non-affiliate, consist ol
$1,800,000 of 3V4%
and $1,550,000 of
4%%
first
mortgage bonds,
—-
City
is
company
Iowa
of
" 1
Co.—Acquisition Approved—
received
securities
concurrent
—
—
STOCK
petitive bidding after Halsey, Sluart & Co. Inc. guaranteed a bid not
less favorable to the company than an interest cost of approximately
3.02%."
Inc
Co.,
&
Blair
;
.....
.
has
company
outstanding
1949—3 Mos.—1948
$5,314,095 $14,298,116 $14,677,223
1562.
p.
Iowa Power & Light
principal
be purchased by each are as follows:
)
——
$3,250,000
,
1
950,000
bonds severally to
Stuart & Co.
Halsey,
saving to the company in Interest charges of $218,238 over the average
life of the issue, as compared with a private placement with insurance
companies which had been proposed.
PURCHASERS
BOND
utility to Halsey,
represented an estimated
101.219%
at
169,
The
each principal underwriter and the respective
of
name
amount of
sale of the bonds by the
associates
$5,838,041
—V.
lighting,
street
1949—Month—1948
Sales
and two as electric companies.
At
Dec. 31, 1948, steam service was rendered to 1,245 customers in the city
of Indianapolis in an area of approximately 4.2 square miles.
municipal
Bear, Stearns & Co
Indianapolis Power & Light Co.—Bonds Offered—Hal-
It was also
to
Interstate Department Stores, Inc.—April Sales—
Period End. Apr. 30—
V,
villages, towns and rural areas, all within the State of In¬
diana, the most distant point being about 55 miles , from Indianapolis.
Of these customers, 138,053 are classified as domestic, 21,636 as small
commercial and industrial, 332 as large commercial and industrial, 15
William
sey,
the water
from
adjacent
The
-—V.
service
Monday, May 16, 1949
from building rentals.
company and its utility subsidiary rendered
160,038 customers in the city of Indianapolis and
the
1948,
105,607
$39,569
_______
Net operating income_
,
department, about 0.08%
the steam
from
31,
150
150
50
Dec.
At
as
'
property
-
'
$373,107
oper.
Operating
-
•
CHRONICLE
FINANCIAL
&
department and about 0.23%
1949—3 Mos.—1948
1949—Month—1948
Operating revenues
Uncollectible
COMMERCIAL
THE
(2104)
■
i' stimtially
the
of
models
-completed^. "and. actual 7 working
Vice-President, Treasurer and /Director.
Of the proceeds of the offering, $150,000 is to be paid to Mitchell
for his holdings of 150,000 shares of the class A stock
($1, par) of
the company itsued to him as part consideration of property located
at Hartsellc,
Ala., transferred by Mitchell to the company in'1947.
'The balance of the funds
arc
to be used foa plant facilities and
.
<•
jtlies,
tool
design
(
1949—Months—1948
$3,691,000 '*2;425,000
Period End; Apr. 30— -
-
'Sales
-s
'
1949—4 Mos.—1948
$9)441,000 -$8,771;000'
Total income
111,340
■—'
.—
f
)JKresge -Co.—April {Sales Increased 24.8%—
Period End.
-
Sales
-
The -company in April,
.
has -699
1949
in operation, -against
stores
(-fc97 in the corresponding month last year.
\ Issues Golden Anniversary Booklet—
'•
'rife
>
1949—Monfch-f19481949—-4Mos.~W48 ,t
*25^723,640 $20,612,861;$81,-228,875$70;957,036
Apr :• 30
\*Reserve
(S. H.) Kress & Co.—April Sales Increased 21%—
V
a
after
inc.
♦Earns.
1947
$900,590
$2,041,237
456,025
274,204
378,178
949,628
$575,568
$0.77
$418,476
$0.56
$522,412
$1,091,609
$0.70
$1.46
<
;
per
*Based
share
com.
shares
746,371
on
1946
of
stock
common
March
V.
outstanding.
of
169,
1,082,693
392,53.8
1,104,596
408,924
$695,672
$1.33
$991,031
and
other
year
The
taxes.
$8,649,711
were
profit
tBefore
-
"I
in manufacturingrprocesses during- the -pastr'two years.
corporation, he pointod cut, is the first company in the' indusblasting-in-the removal of scaletrom bumper bars after
hot forming.
This method eliminates the pickling process tor -xieaning and ^produces a surface.which ismore reariiy palisjaedbeforeplating,
,
use
of the
in full operation, and its use
now
'
'
'
and tooling patent -to roll
shape without distortion.
This idea was eonoeived and
by the Compaq's engineering staff to fit the requirements
business.
Installation of additional automatic polishing equipment is an antici¬
this
of
that costs
will be
made
as
rapidly as it is determined by experience
be reduced, sufficiently, to justify the expenditures neces¬
can
to install the equipment.
Mr. Woodhouse reported that
sary
1949 was
at
a
high for
....
.
sales
for
volume
•
.
first
the
quarter of
quarter-in the company's history:. He
stated that the management expected a levelling off of sales, however,
since production of automobiles has
shown signs of catching up to
pur¬
demand.
figures
for il;949, Mr. Woodhouse stated.; The first unit
is in experimental use at present,
and further
equipment
installations
The
new
any
•
-
-
backlog
company's
business
of $2,300,000.
Be¬
demands, a substantial
market is being "built up for replacement bumpers which should cush¬
ion any let up in the present demand.—V. 169, p. 1993.
at
the
of
cause
respectively.
$4,915,034
is
to
,
pated improvement
other
corresponding
and
The blasting -system
developed
-
$1,213,715
$2.32
$1.89
urgency
of
meet
to
is
current
in
excess
model
Miller-Wohl Co., Inc.—April Sales "51.6%
Period End. Apr. 30—
1947
1948
1949
sales
Net
$4,864,753
$7,341,465
71,794
289,407
17,816
17,826
$3,204,339
j
Higher—:
1949—9 Mos.—194$
1949—Month—1948
Sales
$4,038,396
$2,113,303 $26,016,556 $20,675,242
s'
475,245
17,867
charges and taxes
requirements
after
Preferred
$160,448
.
This
McQuay-Norris Manufacturing Co- -Earnings—
Net
08,751
t$24;996
-
7.
p.
Quarters Ended March 31—-
168,
•
provements
bumpers
1946
$7,940,520
1,927,197
.7.13,482
584,067
t$1.13
state
last
'2,475
has resulted in considerable savings.
The eompany has applied for a process
1949
and
date
same
#5;465
Michigan Jumper Corps—-Has ^2,300)000-Backlog---
try to
current assets were $10,680,091, against current
$4,652,658 including reserves for Federal and foreign in¬
31,
taxes
come
the
—V.
2686.
p.
',1948
providing for reserves for all other taxes and for
tBased on 610,165 shares currently outstanding. >
liabilities
1948
_
profit
Net
At
.**12,921
*
:
>$1.24
35,305,000
»After
$692,680
1949
with
1947
$8,372,020
1,575,098
share..,..:
per
151,558
$235,199
C. A. Woodhouse, President; advised > shareholders^ at c the annual
meeting.. held. May. 10 that the - company had made a number of im-
-$9,235,^24
profit
Profit
mi¬
interest
nority
h
and
-
(Ky.)—Weekly Output—
1949
taxes
*§9,148
$$41,009
$16,013
•After depreciation but before .provision far " Federal taxes/,
provision for-Federai4ncome> taxes. xtDeficit^-r-Vi'168k Pu 2227.
-
$1,175,239
:
$9,460,705
taxes
Federal
for
Net
compared
$1,031,593
charges—
taxes
/
...
■►Profit before Fed.
vProv.
(& Subs.)—Earnings—
Qtrs. End. March 31—
Profit
Fed.
.
$0,96
$690,155
sales
poses.
Lambert Co.
$913,736
...
(.& :Dnmestic Euhs.)-^Earnings—
Mos.End.Mar.3i—
3
4,394
$7,930
f.
.
compared
as
664
Inc. taxes
158,863
doihpany" for. the week
output' of this
kwh,;
'MeCali Gokp.
before.—V. 169, p. 1669. "
year
176,089. 1
ended May 7, 1949,
kwh. for - the
corresponding week last year, d'decraase of 9.2%.—V. 169, p. 1992.
$13,894,520 $11,484,257 $48,318,404 $44,608,060
At April 30, 1949, the company had in operation 252 stores,
with 245
;•
r
175,000.
.
1949—4 Mos.—1948
1949—Month—1948
April 30—
___•
227,367
•
,
„...______
32,067,000
$243,260
63,841
$$12,921
—
______ll-
he,added.
totaled
1946
-
475; 322
Louis\41ie Gas ^ ElectFic Co.
.Electric
Net
Sales
-519,568-
:
♦®pecialprovisio.n;against decUnextnxfoceign- -exchangerates.—V.109,
•-•Pii-fOl. »•
* ■' .
-
•
'
18,139
462,229
Net.
— _
3,o3o
profit
transactions
loss
Prov. for Fed.
$2,271,653
399,890
Net profit :T—x..
$1,586,718
profit pef-share-• (848,597tsharesv
/outstanding).
t:
$1*07
^
eompany
Period End.
$2,009,283
854.625
for contingencies^..
113,585
oper.
$126,089
121,798
731,705
.
income- taxes.
Miscrilanepuo- chargesL-li..—1...
■
has just
issued a 32-page illustrated • booklet , in
: cdnimemorating
its Golden Anniversary.
Prom one small store in
.1899, the corporation now has a personnel of more than 37,000 which
is required to operate its 7C2'Kresge stores.
In 1948, sales amounted
! to $290,119,737.—V. 169, p. 1562.
I
and
$2,1491855
138,771
- -
$3,575,415
«
Provision Ion Federal
t
1948 '
$57,124-
482,985
(other than Fed
income-taxes)
—_
!;\'7 (S.
from
Net gain on other
5,886,862
900,071
$1,870,512
$3,464,075
,i—.1
fnconie
Provision for-taxes
'
•
> I
/, •; -
~
—-V.'169, "p. 1992.
6,258,817
1,045,324
420,052
income
•
Net income
jigs and fixtures ($1,500,000), and working capital ($i;756,000).
< G.R.) Kinney sCo., 4bc.—April Sales Rose 52,2%--
"Net
•
I
13
Earnings—^
1947'
1940-
$32,353
Quarter End. Mar. 31—*
Total revenues
$9,419,773
shipping
profit—
Operating
Miscellaneous
>
IV
*•
1947.
$9,594,705
tNet income
tools,
($250,000),
(2105)
Merchants# Minersr Transportation Co.
1948
$12,650,931
costs.
•
••
»
and cost of purchased cement sold ^,552,487.
Selling and administrative-expense..
1,134,323
Proy. for depreciation and depletion - 500,046-
*
and
.1949
r.
-r
vManufacturing: and
1
engineering
CHRONICLE
<& Subs.) - -Earnings-
"3 Months Ended March 31—
Sales
'
,
FINANCIAL
'
•.
($506,500)
&
Lone Star -Cement Corp..
ftave
cat
partly by mechanical means and partly by hand.
George D. Keller of Huntsville is named as Chairman of the board,
'and H. Clnista Smith -as President.' - Huoert R. Mitchell is Executive
been built,
equipment
COMMERCIAL
THE
Number 4803
Volume 169
dividend
—V.
169, p.
1563,
,
.
Minneapolis-Honeywell Regulator Co.—Earnings—
Lane Bryant,
l
Inc.—April Sales Rose 9.2%—
Period End. Apr. 30—
Sales
$5,187,238
—
'V.
169,
Balance
Common
1949—4 Mos.—-1948
$4,750,028 $17,547,500 $17,578,849
1949—Month—1948
Earnings
—V.
1669.
p.
for
per
169,
I
(James) Lees & Sons Co.—Earnings—
sales
'Net
income
♦Earned
share
common
per
"Alter
1,028,501
after income taxes
$1.26
$1.20
Net
ICC and
:
"We
•
particularly gratified,"
"that our plan has been so
,road,
of
of the holders of each issue
75%
are
the
weeks
12
holders
of
$297,664
bond
issues
of
and
dividends
Pounds
income
$76,506
•
firm
capital shrs.
share_____
prod.*
charges
and
corporation
$1.20
Lone Star Gas Co.
■
Other
>
;
:>.
'■
Gross
Income
169,
Nil
4,763,286
*Loss
taxes.
the
under
after
including in the
Premium Price
.n*.-),
26
cast
so
/
income
43.878
before
the
to
13,
The
The
charges
1949
.
back
350.081
—
36,000
income
2,540.300
abandonments
on
-
36.000
2,517,600
Per
494,176
144,000
144,000
(V.
169, p.
for
has
$2,500,000
firm,
see
V.
169, p. 1886.
applied to the ICC for authority to sell com¬
equipment trust certificates, third series,, 1949.
mature semi-annually Dec. 15, 1949, ,through
169,
^
1993.
p.
a
Mathews of Doyle, O'Connor &
elected a director.—V.
has been
♦$144,495
taxes—
and State
Federal
sales—
Co.,
Inc., Chicago invest¬
169,
p.
1993.
'
1948
1949
1947
;
under
loss
^
929,000
669,000
$9,575,464
805,481
342,000
$1,155,232
531,000
$905,036
$463,481
531,000
531,000
$2.18
taxes.—^
Net
$1.70
—
profit—
Capital shares outstanding
—
BALANCE
CONDENSED
$1,308,128
16,219
taxes on income___
taxes
.
Director—
Mills, Inc.—Earnings—
Quarter Ended March 31—
$1,254,545
19,725
income
and
'
to
are
1964.—V.
15,
53,583
_______
'i
subscription pur¬
326,216 shares were
1886),
1,394 shares were purchased from the corporation,
per share or a
total of $37,987, by the several
For further details
Mohawk Carpet
able,
$232,361;
notes
530,000
______
and
SHEET,
MARCH 31,
hand, $320,944;
on
$0.87
,
1949
notes and accounts
receivable—current '(less
reserves), $6,971,299; other accounts receiv¬
inventories, $15,634,459; prepaid expenses, $1,103,063;
$568,677; investments and .advances,'
property,plant
and equipment (after depreciation,.,;,Of
total, $34,540,549.
"
'
receivable-^non-dutrent,
$1,864,933;
carry¬
$11,361,933), $7,844,813;
Cr62,000
share
common
per
♦$0.22
—<
j
•
$761,909
$1.32
: ♦5102,220
profit
..
r.
.
•
^
•
■.
•
;
,
share were
follows:
as
■
.U——
'
—
share
$0.07
.
$0.28
-
'
Period End. Apr.
30—
Sales
1949—Month—1948'
$9,937,400
—v.
5,697.418
"
169,
; ;;
1670.
p.
earned
taxes,
surplus, $14,806,937; total, $34;540,549.—V. 169;' p. 1454.
Net
income
after
y..
charges
•Earnings per common
♦After dividend
1949—3 Mos.—1948
^
;;;.P
Mojud Hosiery Co., Inc. (& Subs.)—Earnings--
'
$9,458,600 $25,948,600 $26,490,100
......
$611,844;
accrued
Three Months Ended March
$159,497
'—
1453.
other
.
$38,281
—
payable—trade, $2,060,498; other accounts
Federal and State taxes on income, $3,255,519;
$236,521; other accruals, wages, etc., $2,381,648;
capital stock (par value of $20), $10,620,000; capital surplus, $567,582;
payab'.e,
Mercantile Stores Co.. Inc.—April Sales Increased 5.1%
3,377,237
•6,058,435.
directors.
of
Missouri Pacific RR.—Mathews
9,386,950
177,868
provisions of the Internal Revenue Code
Earnings
696,168
716,185
$27.25
company
Income
f
NOTE—Company's 50%i equity in undistributed earnings of U. S.Mengel Plywoods, Inc., is not included in any of the foregoing figures.
Mengel's equities in such- earnings and the equivalent per Mengel
23,550,129
3,693,926
912,892
120,000
195,000
11
LIABILITIES—Accounts
Net
$22,963,050 $21,973,941
990,365
138,518
438,353
1,020,140
__
10, 387;479
and outstanding
1948
7,358,063
admin, exps
;;
May
retire
$7,035,700 $10,641,495
♦$322,363
interest
for Federal
Prov.
Refundable
Defeated—
on
of common stock offered
ASSETS—Cash' in banks
—V. 169, p.
—
for and
certificates
June
-.'*u
the management
$10,556,555 $11,236,611
Depreciation
11
of
article
subscription offer
at
petitively
(& Wholly-Owned Subs.)—Earnings—
(net)_______
charges
^
755,541
181,106
to amend
held
shares issued
$16,384,055 $14,611,853
Profit before taxes—v 2,084,232
1,574.036
,
$0.65
-
to authorize cumulative
Henry T.
profit
Profit
Interest
' < $900,183
Missouri-Kansas-Texas RR.—To Issue Certificates—
$0.48
\
.
—
J; 1,243,800
$0.99
stockholders
of
total of 577,513
a
re-election
the
for
as
subscribed
Net
and selling and
income
♦Loss.
27,416,905
of
underwriters.
1949-4 Wks.—1948
1949—17 Wks.—1948
$8,012,783
$5,553,574 $22,069,136 $21,832,621
—
Other
'V
meeting
67.1%,
proposal
May
will
years,
to
annual
or
Of the 327,610 shares
1670.
p.
£_
;i.._
outstanding..——
Mississippi River Fuel Corp.—Subscriptions—
Government
-V
sales
common
credits—
*'■
Federal taxes
$0.66
5,474,975
1951,
1,
Operating
$33,320
1949-J-12 MoS.—1948
•
$1,537,419
' 599,000
'38,236
the amended articles of incorpo¬
voting for the election o.\ directors
was
defeated.
A total of 355,097 shares voted on the proposal with
40,440 in favor of it and 314,657 against it.
The remaining 32,382
shares were not voted for or against the proposal.—V. 169, p. 1993.
408,000
$0,40
9,120,940
Federal
—U_.__
—
Earnings per share_?__.___
$10,512,677 $11,055,505 $22,207,509 $21,277,773
Depletion
-Lease
408,000
$0.36
Berry,
Cost of sales
it has received an
7,220,971
:
$2,280,574
364,000
75,416
$1,341,158
1,267,440
taxes__
806.
p.
the
ration
*$23,955
Morgan
Mengel Co.
■
income
income
'
7,6.98,159
deducts..
revenue
Operating
408,000
A
1946
x
.
Net
$18,210,836 $18,276,476 $49,624,414 $44,827,902
;■.« •
i
612,000
and Will serve as a consultant
the Interim.—V. 169, p. 1885.
—V.
Inc.—Warrants Exercised—
1949—3 Mop.—1948
stock
capital
charges..———--.
Minneapolis & St. Louis Ry.—Proposal
ment
(& Sub.)—Earnings—
Period End. Mar. 31—
and
income
share—__j.___._-
Melville Shoe Corp.—Current Sales Up 44.3%—
7'
$1.50
' $1.76
-
io announced
May
on
Operating revenues
Oper.
1947
$268,234
Scudder, Stevens and-Clark.
>71 ^v
who has been with Mathieson for
of
Profit
,
169,
were
1948
$165,045
,
9,246,885
earned
premium
P.
April
in
additional
$300,000 for working capital purposes through the exercise of warrants
jWhich expired April 30.—V. 168, p. 2433.
,
^
i
$0.54
169, p. 1228.
D.
Mr.
on
depreciation and Federal income taxes.—V. 168, p. 2326.
Lithium Corp. of America
The
303,394
$0.87
has been named Vice-President and Treasurer,
succeeding Howard Berry who has resigned preparatory to retii-ement.
Dr. Morgan joined Mathieson in 1948 and has been Vice-President in
charge of the Development Department.;
Prior to becoming'associated with Mathieson, Dr. Morgan was in
charge of chemieal market research and development for W. R. Grace
and Company.
Before the war, be was-with the investment counsel
i
$94,662
on
(S10 par).
i
income
shares
per
'
Mock
♦After
303,894
$0.86
1946
1947
$110,078
303,894
~
1949
copper
Sales
Lindsay Light & Chemical Co.—Earnings—
share
for
$57,743
v
Three Months Ended March 31—
♦Net
$113,724
Earned
Mathieson Chemical Corp.—New Treasurer—
Dr.
1669.
1948
income
Common
suant
1949—Month—1948
1949—3 Mos.—1948
$13,289,818, $9,130,923 $29,447,535 $26,870,451
1949
106,363
$108,408
$220,240
the
Plan.—V.
Lerner Stores Corp.—April Sales 45.5% Higher—
3 Mos. End. Mar. 31—
credits
income
Net
29,856'
151,947
At
Period End. Apr. 30—
com.
151,947-
303,894
per
of
♦After
mittee, of which Harold Barnet is Secretary, with offices
/at 135 Broadway, New York.—V. 169, p. 1092.
profit
Earnings per
$193,962
29.856
29,856
151,947
1695.
p.
of
Earnings
to consent thereto without communicating with the Com¬
p.
$295,527
29,856
—
profit
Number
the
general consolidated mortgage bondholders pro¬
committee lor the 4s, 4Y2S and 5s of 2003 an¬
nounced it has opposed and still is opposed, to the com¬
pany's readjustment plan, and urges the bondholders not
169,
$290,211
Gross
Provision
1948
$14,743,871 $12;531,069
2,221,169
1,513,480
59,405
'' 23,939
operations
Miscellaneous
Magma Copper Co.—Earnings-
The
—V.
106,000
Quarters End. Mar. 31-
tective
Period End. Apr. 30—
1946
$299,962
174,000
dividends
168,
♦Net
.
Sales
1947
$469,527
164,000
from
income
shares,
ing maturity of $35,000,000 of senior debt.
In view of the two sinking
funds provided by the plan and the fact that $2,300,000 of fixed charges
will be
converted
into contingent charges,
we
are
hopeful that our
securities will enjoy a higher credit standing."
x,
Mr. Major added that he expected the railroad will be "slightly in
the biack" for the first.four months of this year.
In the corresponding
period in 1948 the railroad had a deficit of $64.1,000, he said.
.
1948
$454,211
$0.83
—V.
representing in all $190,000,000 in face amount of
tsecurity values, have signified approval by the requisite percentage.
"This response means that the Lehigh Valley is in position to meet
satisfactorily the serious financial problems presented by the approach¬
.
'
$115,861
approve.
different
1949
1949
sales
Other
169,000
taxes-
Earnings per com. share
said C. A. Major, President of the
well received that in the short space
seven
Net
-Earnings—
—V.
stock,
.common
$1.29
$466,664
charges-
Surplus for period
Number of com. shares
required 75')
of assents necessary to justify its proposed Mahaffie
Act readjustment plan.
The company is the first major carrier to utilize the provisions of
the law under which railroads may modify their bond structures if the
•
$0.76
t
(Including Canadian subsidiary)
Three Months Ended March 31—
Profit
Forbes Co.-
&
profit
Common
announced April 10 that it has received more than the
The company
$0.15
share
common
income
Preferred
1780.
169, p.
Lehigh Valley RR.—Holders Approve Plan—
-
355,787
1,011,525
$1.22
—
requirements.—V.
dividend
preferred
1,061,161
'$457,379
355,939
1453.
p.
after
Federal
$9,463,971
$271,580
355,939
Quarters End. Mar. 31—
Profit
Mar. 31,*47
Apr. 2,'49
Mar. 31,'48
$12,630,817 $12,913,455
Quarter Ended—
.Net
$53,978
outstanding
MacAndrews
x:
stock
common
shares
1948c.
1949
31—(
$586,117
—$339,238
and taxes
$1.07
share-—-—$0.61
requirements
the preferred stock.—V. 168, p.
on
Monsanto Chemical Co.—Forms New
2(587.
Affiliate—
the forma¬
bulletin to
Executive Vice-
This company and American Viscose Corp. have joined in
tion of a new company
it was announcer, on Mav 5, in a
Monsanto
employees signed by Charles Allen Thomas,
President
:
Net
$3,415,034
income
^
$7,511,601 $11,360,139 $11,822,757
t
CONSOLIDATED BALANCE SHEET, MARCH 31, 1949
,
ASSETS—Property,
;
$30,522;
cash,
>
equipment, S 161.232,443- investments,
aocounts and notes receivable (loss reserve
plant and
$17,952,432;
ica "was
Mart.
$71,132), $6,198,650;^ materials and supplies; appliances, etc., $7,613.804; urepayments, $232,338; deferred debit items, $305,420; total,
joi
A«
LIABILITIES—Capital
$20,257,277;
notes
stock
payable
($10
$54,990,000;- earned surplus,
pari,
maturing from Sept.—15,-4950,
to Sept.
15,
payable (current)r $2,500,000; aecounts pay¬
able, $2,701,096; customers' deposits, $1,648,542; Federal taxes on in¬
$46,250,000;
come,
(accrued),
notes
.taxes accrued, $740,132; interest
customers' advances for construction, etc., .$678,915;
$7,077,C37;
accrued,c$330,608;
other
reserves/ for
depreciation, depletion" ahd amortization; $53,526,187;
reserve
for accfderit and' surp'.us, $2,280,817; contributions in aid of
construction,
-
•
r*••*.««
$585,098;
total, S193;565,C09 —V.
b.'.M iub.'Tti
v".
-'U/.-t''
'
168, p.
.
-
10
by
the
owners
to
retire
and
management
of
The
••••
.
an
...
existing
mortgage
the
against
financing will be
premjses <now held
new
the
by the Equitable Life Assurance Society...
"Capital expenditures-within The Merchandise Mart in excess of
$5,000,000 oven the -last -three- years, the improved tenantry, -and vhe
increasing interest in The "Mart atf a merchandising center were-, con¬
tributing. factors' in. the
negotiation
of
the
new-
loan,"
according
Donald Ci Hulme3, manager of Prudential's Chicago office.<.
John J. Reynolds, New York broker who' handled the original
chase
of
owner
In the new
The-Mart
for The.-Mart.'
1904.
May
announced
-
substantial-portion-of-the-proceeds of
used
$193,565,609.
4968,
(The) Merchandise Malt, Chicago, III.—New Mortgage
Completed, negotiation for a new mortgage of $17,000,000 on the
Merchandise Mart building with the Prudential Insurance Co. of Amer¬
'v:4
to
pur¬
by Joseph ;P. Kennedy in 1945, represented the
financing. Wilson and Mcllvainc were the attorneys
,
The
adds:
announcement
"The
corporation,
new
as
yet
unriarhed,
by Dr. Carroll a. Hochwalt of Dayton, Ohio,'a Monsanto
and will pursue its research and development work
through the laboratories of Monsanto and Viscose;
.
,
.
"The officers of the company, besides Dr. Hcchwalt, will be Dr.
•will be headed
Vice-President,
Charles
for
S.
Venable,
American
<?f
Viscose,
Philadelphia, director of chemical research
will be Vice-President of "the new cor¬
who
poration, and F. William Koster, of Philadelphia, also of American
Viscose, who will be Secretary-Treasurer.
"The following will be members of the board of directors; Williartf M.
Rand, of St. Louis, President of Monsanto; Or. Charles Allen Thomas:
Hochwalt; Charles ,S. Cheston. oL Philadelphia,. Monsanto board
Dr
member; Dr. F. H. Relchel, of Philadelphia,;!Chairmairvbf'the |boatd
and President of Amerioan-Viscose; Dr. Venable; CharleS'S McCCih, of
York, President of- Dillon-. rReart & Co,.- #**
Viscose; and William Ewing, of New York,i partner of
New
&
Co
,
and director of American
...
„f Aiheyicdn
MOffeah,,'1 Stanley
Viscose/'-^Vv1169; p. "1993.
"
,
...»
.
r
i»)
•
*■
Period End. Apr. 30—
CHRONICLE
•
-
i-
exps.
1,839,156
1,484,235
1,440,758
Oper* profit before deprec. & depl.
$246,945
$182,276
$222,941
15,822
12,198
54,260
tCost
selling,
Vice-President and Secretary,
was
elected President to fill the vacancy created by the resignation
•last June of Wilbur H. Norton. John A. Barr, former La"oor Relations
Manager, and also a lawyer, succeeds Mr. Ball as Vice-President arid
Other
adm.,
and
gen.
May
Stuart
9,
formerly
Ball,
S.
Secretary.—V. .169, p. 1886.
miscellaneous
income
deductions
Other
Depreciation
Int.
5%
on
Provision
'
Earnings
per
Sales
the
expected
Is
$75,000,000
reach
to
to
resulting
portable radio sales, it
iri
the
Increase
expected
stated.—V. 169,
was
Gross
Cost
Scilcs
in
of
Otuer
$130,126
'$11,731
Co.
Stock
—
the
Of
shares
241,101
of
stock
common
offered
$100»
(par
—V.
169,
•l
'
1947
1943
Prov. for
Prov.
Net
Munising Wood Products Co.. Inc.- -Earnings—
9,244,070
320,447
131,203
$2,582,592
$2,573,667
$2,055,380
$1,164,874
55,245
45,746
194,607
28,772
$2,637,837
$2,619,413
$2,249,987
102,561
69,546
67,187
Fedcral
$128,037
$3.01
$0.45
income
Net
♦Earned
per
prefeireci
♦Earned
per
common
42,500 shares of
on
and
shares
275,000
—
p. 2434.
preferred stock in 1948
of
stock in
common
41',746
22,173
26.794
931,000
807,500
$1,514,329
$1,521,933
1,689.869
$1,314,617
years.—V.
1,689,869
1949—Month—1948
$12,716,261
—v.
169, p.
$0.84
$0.72
Apr. 30—
1949—Month—1948
$1,397,986
—
169, p. 1671.
Operating
Announcement.
ican
made
was
National
Airlines
:::• ri
Net
Feb.
Pan
169,
Feb.
28,
The
•
regular
quarterly
declared, payable May
2139.
p.
'
•
■
14
of
30
cents
stockholders
to
of
$391,590
$0.68
dividend
1948
$0.71
share
per
record
has
165,
National City Lines, Inc.—Secondary
Offering—Reyn¬
olds & Co., Dean Witter & Co., and Laurence M. Marks
& Co. effected a secondary offering May 10 of
133,456
market.
The stock
dealers
discount
45
of
after the close of the
at
cents.—V.
Net
sales.,.——.
♦Net
profit
Com,
shs.
tEarn.
$7 per share, with
169,
a
2010.
p.
♦After
share—-
com
taxes
and
1948
~
$0.21
after
1946
$0.69
adjustments
for
707,547
765,489
$3,70
minority
the
same
The
share
per
,
1
directors
record
the
on
May
on
20,
declared
9
common
1949.
Exchange
than
last, and 30 cents
compares
last
tAfter
year.
quarterly
a
with
share paid in each
per
and dividend,—V.
1,200
in
New
For
of
Raymond
J.
milk
Wise,
and
have
ice
been
Chicago,
of
cream
elected
months
Six
the
of
Edison
Boston
Cos.,
to
Co.,
during
in such
in
the
of
the
and
Lynn
the
Gas
and
ant
zone
adviser
Mr.
also
for
20
the
This
of
kwh.
for
167,835,000
For
the
decrease
a
the
May
This
is
14,282,125
output
is
ended
week
stock
Edison
market.—V.
169,
Association
on
week
6
22,725,000
of
is
the
juoston
of
month
April
30,
the
at
145,110,000
13.54%; below
or
week
Association
a
year
reports
1949
been
made
of
of
paid
of
on
operating revenues
Operating expenses
Power,
gas and
Maintenance
the
INCOME
Mr.
Wise
tional
has
Dairy's
the
Ice Cream Co.
been
v.
„
electric
output
H.
the
Gordon
is
for
10
cents
holders
Operating
a
director
National Distillers
(Including
wriclly
of
National
Prior
of
other
income
1949
$28,858,776
—
J
—
——
<
owned
Interest
Net
bank
on
Provision
for
to
with
1.866,110
of
and
reserve
taxes——
shares
and
a
that
ice
Fed.
income
taxes—
—
before
other
from
deduc.tions._ri
Electric
♦Based on
tax
Balance
of
Na¬
President
was
169,
'
construction
•
the
to
$4,000,000
discharge
of
short-term
requirements,
and
to
the
at
preferred
discharge
date
169,
the
sale,
of
stock,
the
remainder
the
and
to
proceeds
of
such
balance
sell
irom
notes
to
be
as
used
1672.
p.
Telephone Co.—Earnings—
1943—Month—1948
$
33,487,354
112,241
103,443
rev.
oper.
1949—3 Mos.—1948
$
36,121,856
revenues——
$
0
105,595,275
97,479,741
325,586 -'
320,694
33,383,911
105,269,689
97,159,047
82,550,482
4,929,525
14,157,616
72,498,509
14,433,833
2,746,046
3,680.225
8,561.591
10,226,705
2,036,396
3,270,957
5,855,924
8,059,014
income
operating
Net
after
—V.
169,
charges
1672.
p.
New York Towers,
Inc.—Registrar—Transfer Agent—
Sterling National Bank & Trust Co. of New York has been appointed
registrar and trustee under an indenture dated Feb. 1, 1940 for the
bonds
20-year
income
common
stock.—V.
and
162,
transfer
agent
the
for
class
A
no-par
7S4.
p.
from
2,440,691
$3,603,482
of
effectuate
$2,654,431
1,617,845
1,312,487
$5,652,990
3,381 000
$5,524,951
7 077 771
$1,341,943
506,413
$2,144,378
$1,848,357
349,312
349,312
$1,795,066
$1,499,044
$1.44
consolidated
$1.20
in¬
ior
common
shares
share
common
and
the
c;
ering
$3,082,148
inc.
$2,716,330
taxes-
"186,485
245,340-,
$2,836,308
$2,529,845
837,189
—
751,016
:
'
$1,887,558
29.481
$1,679,024
"37,374
$1,917,039
$1,716,399
349,312
349,312
sinking fund requirements)—,7$1,567,726
Earnings per common share—:.
$1.26
$1,367,086
income
—
fr.
result,
filing of
cons,
tax
•
return
•
169,
to
*
surplus
!
dividend
requirements
available
for
p.
common
shares
7'-'
$1.10
stalf
Utility
recommended
that
corporation,
filed
Holding
Act
Company
stock,
common
and for the distribution
Niagara Hudson pre¬
the
outstanding
brief
contends
retire
to
that
issuance
of
the
violate the standards of the Act cov¬
that
the class A
plan would substitute
would
and
complexity a more .serious complexity, leaving the
compliance with Section 11 <bi than it. is today.
to the class A stock relate particularly to its
objections
as
and
plan of Niagara Hudson
Hudson's
three
principal
Corp.,
Power
lor
it
11
would
Niagara
solidation
'that
liquidation
in
subsidiaries
or
^
the
consolidation
(Buffalo
the
Section
be
Section
11
absence
unlike
(b).
of
none
the
of
of
A
light
an:l
Act,
plan
Division
the
in
a
rlass
the
The
step
sound
a
accomplish
the
Niagara
that
for
plan,
brief
of
of
approved
objectives
the consolidation plan cannot
in
which,
Hudson
with
may
from
a
itself
by
and
enforcement
compliance
for
however desirable
(b>,
court
into
provides
Power & Light Corp., and Central New
single operating company.
The Division
such consolidation may be for other
York
New
Corp.)
that,
reasons:,
Section
and its lack of preference
:;'; v;-ri
basis
;
other
contends
preferred stock, to its convertibility into comdiscrepancy between
its preference position
the
to
concern
Niagara
York
of
second
a
stock,
a.
Electric
be
the
dissolution
would promote
that con¬
notes
considerations
following
quite
consolidation
Niagara Hudson conforming
fully to the standards of. the Act are feasible and readily available.
The
Division
therefore recommends that the class A plan alone be
methods
proper
consolidation
for
that
and
plan
dissolution
the
the
of
Commission
withhold final action on the
shall have had a reasonable
Niagara
until
opportunity to present
p.
1994.
11
the
plans
Public
Division
stock
A
existing
an
an
The
May
of
Utilities
approve
the
residua!
a
stock
A
disapproved,
(before
of
securities,
going
dissolution.
on
of
1948
99,804
—V,
.
Corp.—SEC Urged to Disap¬
of
plans
two
and
class
new
The
112,060
Balance
$34,086,432
system further from
The
ONLY
1949
than Fed.
the
stocks.
ferred
mos
OF EARNINGS—COMPANY
other
income
Preferred
$36,665,451
that they cannot be found necessary to
Section 11 (b) of the Act.
filed by Niagara Hudson provides in part
operating company
common
stock into
a
ground
split-up
class
to
of
(e)
provisions
stock
proposed
(before
—
taxes
the
of
A
status
for
requirements)
11
" the
on
the
class
for
—
other deductions from income
Provision for Federal income taxes
New Orleans, Texas & Mexico
action
i948
$4,864,000
163 804
$0.60
be held
The
any
stock.—V.
169,
p.
1716.
annual
due
stockholders
to lack
of
a
meeting
on
Ry.—Meeting Adjourned
May
10
was
adjourned
without
Hudson
proper
plan for
a
its own dissolution.—V. 169,
1994.
p.
within the next 30 days.
meeting
business
1994.
was
that
adjourned
usually
Noblitt-Sparks Industries, Inc.—Earnings—
Quarter Ended April 3—
Profit
quorum.
George C. Stohlman, Secretary and Treasurer, said afterward that a
"conclusive" meeting at which directors will be elected
probably will
275 113
$o.36
__
common
1935,
Public
of
refuse
Section
751,016
421.023
of
Total
'l56'250
1949—4 Mos.—1948
$8,898,067
\:Vri.7,
Division
Commission
,
under
apart
$9 062 201
2151.
;
Hudson Power
SEc
The
345,255
requirements.
available
Balance
1943
Co.—Bonds Called
p.
Plan—
prove
837,140
$1,723,355
surplus—
income
Credit
1672.
p.
Niagara
147,219
$3,750,702
12 Months Ended March 31—
Net
79,
1949—Month—1948
$11,070,818
———
—
169.
$3,341,201
-
filing
SUMMARY
Expenses
Lighting Co. below.—V,
(J. J.) Newberry Co.—(April Sales Up 24.4%—
2,709,856
return—
sinking fund
per
Westchester Lighting
&
Period End. Apr. 30—
of
dividend
Balance
Earned
York
Westchester
1,685,276
companies)
$9,279,907
161,917
New
1,803.797
1782.
p.
$4,171,000
share..
applied
24,774,161
246,305
ri_
to
Preferred
com¬
1949
charges and taxes
presently outstanding
will
The
'
Three Months Ended March 31—
Sales
—.————
common
the
of
4,596.896
—v.
$4,424,648
taxes—
income
cream
National Enameling & Stamping
Co.—Earnings-
after
such
underwriters
stockholders.
amendment...
be
,
by
Merrill
36,009,612
1,911,474
Association—ri_
2
Federal
for
resulting
The
per
meet
to
heeded
ana
28,666,670
Sales
income—subsidiaries
&
income
come
-,
•Earnings
to
are
rate
subscrip¬
revenues-
1,626.789
124,023
income
Total
member
he
7 977 771
—:::
Net Income
by
to
are
serial
of
used
York
1} Operating
One
Net
Provision
Mid¬
operating
3,465,000
—
common
value
bo
Uncollectible
$4,300,624
pit. and equipt.—:
prop.,
than
England Gas
Vice-President,
1949
profit
Number
incurred
purchase
The
price
outstanding
$
14,852,011
r
ratio
company's
Dairy
subsidiary
;
income
and
'
deductions
Net
domestic
loans
Federal
date
-
to
agreed
supplied
financing
presently
construction.—V.
Operating
1948
:
10,
March
Corp.—Earnings—
Quarter Ended March 31—
Earnings from operations after deprcc. &
.
record
stockholders.
subscription
be
to
are
the
the
outstanding
New
$26,119,727
16.039,545
___
income
New
1948. Accord¬
National Dairy.—V.
Products
The
amendment. '
has
by
the
Pcncd End. Mar. 31—
...
the
Other
of
Co.
and
formerly President of the Luick
Milwaukee and of the Chevy Chase Dairy
Co., Wash¬
also
be
new
2,138,842
taxes
Gordon, General
Rutherford,
Vice-President
committee.
Jor
are
See
Creamery
in
ington, D. C.
Mr.
Assistant
operating
Detroit
to
ACCOUNT
purchased
steam
for
Net
Midwestern, milk
mittee.
of
Beane
&
at
were
par
ft.
cu.
.
This is a decrease of 4,178,514 kwh., or 6.67%
below
production of 62,637,720 kwh. for the corresponding month a year ago.
Gas output for April,
1949, is reported at 751,891.000 cu. ft. This
is
a
decrease
of
41,107,000 cu. ft., or 5.18%
below production of
792,998,000 cu, ft. for the corresponding month a year ago.
:
'
:
1993.
supervisor
George
members
SEC
common
if any, is to bo used for new construction.
proposed, after the sale of the new common stock,
is
which
production
ago.
of 58,459,206 kwh.
Net
to
quarter during
169, p.
Dairy's
and
the
its
balance,
Net
reports
reported
ft.,
cu.
with
of
Operating expenses-——
Operating taxes
795,614
for the corresponding
held;
by
purchased
of
of
S4.000.0CO
lor
1994.
p.
shares
Electric
period
electric output
kwh., or 5.577 below
for the corresponding week a-year ago.
decrease
kwh.
May
of
this
6,
a
ft.
cu.
Prov.
allowing
dividend
10,
cents
operations, and Robert S.
Vice-Presidents,
National
Wetenhall
Fenner
companies.
Boston
supplied
shares
which
of
statement
73,333
prospectus,
an
underwriting group
Corp., Lehman Brothers. Wcrtheim & Co.
not
are
proceeds
notes
stabilization
bidding
Pierce.
$3,0CO,000
may
conduct
over-tne-counter market, and not more
shares, of Lynn and Western,respec¬
2,000
over-the-counter
Before
Boag, Jr., Assistant Comptroller, has been promoted to the position
of Comptroller,
and J. Huber Wetenhall, President of Luick
Dairy
Co, and Luick Ice Cream Co. of Milwaukee has been
appointed assist¬
divisions.
income
-Registers With
the
to
such
shares
12
be
to
are
registration
a
additional
an
each
Bcston
as
Net
of
7,the
'
for
filed
of
underwriting terms
ended
A.
have
price
First
Lynch,
England Gas & Electric Association—Output—
13,486,511
Credit
western
for
$267
authorization
holdings
and
shares
the
production of
National Dairy Products Corp.—New Vice-Presidents
Counsel,
for
v
-
company's 880,000 shares of outstanding stock
right to subscribe for the new shares'at t ie
the
share
acquire
compared
President, the current dividend is in.line
company's established policy of maintaning a conservative
between earnings
provision
iis- stockholders.
to
the
of
offered
thatc?
.
SEC
shares
retirement
ing to Samuel Kipnis,
the
of
%
_______
Common Stock—
stock, payable June
This
at
'
Massachusetts
10,000
Other- income
May
$36,042
has
sale
par)
According
six months end»d
(in Canadian' dollars') as against
1
stock
for
preferred dividends paid.
on
tion
*22,090
Electric System—To Stabilize Price of
received
Prov.
interests.
period
in
estimated
169, p. 702.
',$0.90
•
the 1949 quarter was $869,291,
$2,979,114
is
Total
$5,375,915
these deductions, net profit in
Dividend Rate Reduced
7
the
for
12 Months Ended March 31—
1947
with
,
$58,132
19,613
the same period in 1948 (same period
operating deficit of $2,405). Nfet profit after
CONSOLIDATED
$7,531,434 $10,308,167 $10,964,599
585,325
1,830,583
3,109,024
2.713,978
2,641,424
838,066
...
——__
outstanding—
per
1949
.
inclusive
are
.
State Electric & Gas Corp.-
the
($25
one
1)5,976 in
an
the stocks
its
National Container Corp.—Earnings—
Quarter Ended Mar. 31—
figures
2435,
p.
449,291
$175,659
,
offered
was
of
(par $1)
foregoing
corporarion
be
tof
■>• :• - 7''-'v'''
subsidiary
profit of $442
a
taxes
Western
of
than
Gas
stock
Canadian
showed
for
and
Stock
Detroit, Mich.—Stock Offered.
Gcyer & Co., New York, 011 May 4 offered 3,500 shares
capital slock at $27 per share. Proceeds go to selling
stockholder.—V. 169, p. 1993.
common
$51,613
•
profits taxes,
excess
the
of
1943.—V.
sale
more
of
shares of
458,422
$184,749
York
Holders
$36,742 : 7; $32,000
————————
company
tively,
•
857,962
etc
168,
proposing
to
previously reported, NEES proposes to solicit offers for the pur¬
chase of
its
holdings of 123,100, 15,175, and 3,607 shares of the
respective companies.
It would acquire in stabilization purchases' not
777/74
National Casualty Co.,
Tim
Feb. 28, '47
As
been
30.—V.
April
,■
.
the
$374,262
taxes-—-
$1,432,911
830,579
—...
interest,
1S48
$1,473,750
—
New
$3,643,264
Feb. 29. '48
$59,261
New England
Shares—
'
Co.,
(& Subs.)—Earnings—
1949
profit after Federal income
Earnings per common share
Co.—Earnings—
SEC—
It
The
Quarters Ended March 31—
Net
^69,548
$2,408,994
New York Life Insurance Co.—New Director—
Subs.)—Earnings-^-
taxriririri-;—22,519
Federal
year
purchases
National Aluminate Corp.
363,548
Robert A. Lovelt, a partner of Brown Brothers Harriman & Co. and
formerly Assistant Secretary of War for Air and Under-Secretary of
State, lias been elected a director.—V. 169, p. 1564.
'77; v-7.^7-77V ■ .7
Feb. 28, '49
1949 showed
28,
provisions
1229,
p.
$4,042,899
777 ■ -V
.
operating deficit of
an
previous
.
Eoard.—V.
profit.
Operations
Airways (Panegra) that would make effective a plan for
interchange of equipment and a stock participation in National Airlines
by Pan American and W. R. Grace & Co.
Pan American and the
Grace firm each has a half interest in Panagra.
Details of
the .interchange of equipment will be announced later.
Applications to make the agreement effective wil be filed promptly
trie Civil Aeronautics
19,009
1949'—4 Mos.—1948
$1,037,669
profit
income
♦Includes
Grace
wun
248,014
413,400
The
%%%% ri-riy
11 of the signing of an agreement
American Airways and Pan Amer¬
May
and
Federal
$36,264,471
National Airlines, Inc.—Sign Pact—
between
$2,778,542
income
stock
1949—4 Mos.—1948
v,
$3,124,219
1887.
NOTE—The
$0.42
Nestle-LeMur Co. (&
$9,321,569 $39,802,111
1564.
$375,425
S2.754.G71
p.
taxes—V.
1,381,573
$0.67
'
-
168,
7 '
-
$363,324
ri
169,
Net
$373,960
2,112,336
com. slk.
Sales
(G. C.) Murphy Co.—Aprii Sales Increased 36.42%—
«s
1,186,667
230,474
1,054,790
12,617
Expense
National Shirt Shops of Delaware, Inc.—Sales—
Period End.
42,200 shares
and
both
/'
Period End. Apr. 30—
87,604
20,437
(Including New York Dock Trade Facilities Corp.)
3 Months Ended March 31 1949
20,090
31,530
15,318
949,000
6 Months Ended—
6a
114,688
nitge. bond.
deductions
&
Revenues
—V. 168, p. 1906,
—V,
♦Based
itr" 1949
i—
share
121,643
$4,081,34*6
82,500
;
,
_
$210,537
$0.21
—v--~
—
44,000
$1.50
(est.)
taxes
$107,815
$63,815
Quarier Ended March 31—
before taxes—
—'
Net
41,567
accts.
outstdg.—
sh.,
per
94,044
$4,541,360
$1,193,646
115,623
—
snares
Earn,
1943
6,757
$475,646
-i
$498,449
6,170.816
473,132
income taxes_
profit
Com.
1949
$3,959,703
9,143
(net;.
New York Dock
12,341,215
debt-
doubtful
3,600,000
$4,447,316
87,526,893
560,606
deductions—
for
on
Balance
1946
11,982,514
Income
3,600,000
$468,839
.
Frcferred dividends
—
funded
on
Miscell.
1993.
p.
Total
Int.
300,000
$439,306
income
Taxes,
for
300,000
——
income....:.
int.
Net
-V.
profit
income
3,294,028
(& Subs.)—Earnings—
$15,125,712 $15,338,014 $11,619,395
sell.,
sold,
3,639.008
3,632,111
reserve
revenue.
income
Interest
disc't
depl. & depr._
Operating
•
Other
.
subscription at par by stockholders of record March 23 in ratio of
l-to-3, subscriptions to 196,288 shares were received.
Of this total
American Telephone & Telegraph Co.
(parent) subscribed for 187,667
shares and other stockholders 8,621 shares.
Rights expired April 26.
oper.
Other
department" operations,
semi-annually.—-V. 168, p. 2227.
\
,
& Telegraph
States Telephone
Mountain
Subscriptions—
retirem't
Net
31,916
allow....'
goods
for
19,432,416
3,412,113
287,642
33.712
$57,271
1949
& admin. exps.__
gen.
Prov.
loss
and
20,154,695
349,381
3^3,129
....
appropriations
68,026
.
"construction
shown
are
3 Mos. End. Mar. 31—
1781.
p,
31,910
-
88.257
:
—
include
not
which
of
National Gypsum Co.
to Paul V. Galvin, President, who stated
is
weather
warm
and
—;
tDoes
returns
of
radios
car
Motorola
1949, according
year.
Advent
profit
♦Deficit.
the results
general outlook and the public enthusiasm for television leads
to view optimistically the business outlook for the remainder
Motorola
of
fcr
volume
the
Net
720,299
$0.90
$1.14
share—2
common
$80,000,000 in
that
909.ol6
alter charges and taxes——-—
J,
1,531,341
253,419
taxes
Gross
„
L—
earnings
Uet
taxes—_ri—
74,912
31,881
income debentures
conv.
for income
535,246,235 $33,925,155
13,421
99,382
74,108
depletion.
1949—12 Mos.—1948'
».
$2,937,253
1,749,869"
tuxes
Olhpr
$277,202
$194,474
63,250
and
:
1949
1948
—$15,212,622 812,437,347
Quarters Ended April 2—
gales
$262,767
.
$3,030,723
-—J—•
Federal
Irop.
Total
.
Motorola, Inc.—Quarterly Earnings Show Gain—
income.„_
Inc.—Earnings—
1949—Month—1948
Operating
revenues..
Oper. exps., excl. direct
taxes
New President Elected—
On
:
Period End. Mar. 31—
$1,663,699
115,382,431 258.605,608 298,116,367
101,110.261
<.
New Orleans Public Service
1947
$1,666,511
sales:
«
Monday, May 16, 1949
•
1948
•
■
j
$2,086,101
,ri—ri—ri_.
tNet
$
$
$
Sales
1949
*••■3 Mos. End. Mar. 31— '
1949—3 Mos.—1948
1949—Month—1948
FINANCIAL
&
National Fireproofing Corp.—Earnings—
Montgomery Ward & Co., Inc.—April Sales Off—
_
COMMERCIAL
THE
(2106)
14
it
before
was
the
...
agreed
annual
to
defer
action
meeting.—V.
on
169,
-v
income
income
—
—
1949
1948
$815,195
$983,719
313,128
...
:—.—-—
taxes
taxes
381,704
$502,067
$602,015
outstanding-——----
593.750
593.750
Earnings per share————riri———ririri
$0.85
$1.01
Net
when
comes
before
Federal
profit
Capital
—V.
168,
pp.
—
—
shares
2327 and
2435.
:/"
ri"
"
Volume
K
\
„.
f,
169
Units' Assets—
President
the
cf
3 Months Ended
Noma
.Gain
11 that all the lixed
from
Other
March
Pay Rock Oil, Inc., Tulsa, Okla.—Files—
31—
1949
before
:
31,443
20,601
$939,784
:___
f
\■:
n
337,115
notes
on
debentures
ana
•Noranda Mines,
Ltd.—To Lease Additional Properties
sider
granting
Canada,
lease of
a
Ltd.—V.
lby,
—V.
9.
p.
of
Earned
portion of its properties in Kouyn, Queoec,
a
Noranda Mines,
to
earnings
■Number
16 will con¬
The stockholders of Joliet-Quebec Mines, Ltd., on May
on
275,400
$365,497
380,735
380,735
Income.
■
shares—,J—T—___
common
per ■ snare--,-—
$0.63
$0.63
169, p. 1673.
'
-
1
r
Norfolk
\
Western
&
Ry.—Earnings—
Ry.
optr.
revenues—-
Ry.
oper.
expenses
$40,262,244 $41,994,802
30,207,021
30,220,337
^0,125,755
•'<,2ob,>t9
1,521,081
9,590,946
1,808,299
9,507/i21
'■
i
Soles
$11,866,629 $12,033,719
_
__
1
of
products
from
enues
'Cost
of
'
(net)
rents
$634,474
$838,123
$4,485,716
$3,929,467^
Interest
Cr^co,86U Cr2,32d,£i58 Cro,109,8'<2
Crooy,l)i6
(ne<.)~
J>20,020
Brl7,031
Dr40,158
$1,487,753
$1,573,303
$6,218,168
Other
Br48,54d
income-
$7,547,042
rents
from
Other
oper.
U.,2^9
—1_
i-.couie
Total income
s
443,739
•too, <9^
Provision
for
$8,013,366
$6,661,958
$1,729,096
$1,634,882
items
•
Net
.*
iunded
on
ueut
'Net
income
$6,201,111
89,719
311,610
195,000
appropriations
as
Balance
income—
of
16u, p.
1564.
l
$1,309,223
$1,315,890
Inc.—Earnings—
Quarter Ended
■
Cost
of
sales
and
other
6 Mos. End.
2a,606,600
28,628,922
1,160,000
28,000
tons
period
corresponding
we
Lighting
Corp.
$1,222,979
$1,789,679
Unexchanged
—
stock
offered
holders
to
of
Preferred
dividend
dividend
$5
(unexchanged stock)
purchased by the sev¬
May 5 at $100 per share
V.
see
169,
income
same
secona
orders
quarter
obtained
and
at
March
the
of
31,
fiscal
1949,
proceeds will be placed in the general funds
of
the
company
and used for general corporate purposes including
bet.terment and expansion of the company's plant and facilities.
The company for a number of years has had under way a continuing
program for the improvement and expansion of its existing facilities.
Due to changing conditions
this program is subject to constant re¬
examination and change.
It is currtntly estimated that the cost of
items approved for construction in 1949 will amount to approximately
net
$3,350,000.
CAPITAL
mtge.
1st
mtge.
bonds 3(4%
bonds 3(4 %
.
of
$10,411,052
year
shipments of $31,569,425
made.—V.
were
business
new
Pan American
was
Continues Growth—v
169, p. 908.
Despite
The
;
Civil
between
Aeronautics
this
Board
and
company
May
on
Atlas
Atlas Corp. in Stk.
approved
12
which
Corp.
will
agreement
an
Northeast
enable
to
pay off a $320,000 debt to Atlas by issuing it additional stock.
proval of the Northeast stockholders will be sought.
This agreement conforms 'to conditions of
!
;
is
getting irom
The
C.
F.
restriction
C.
of
all
above
3%
dispose
and
the Reconstruction
R.
ii.
A.
loan
of
and
also
dated
its
Corp.
are subject to
requires Atlas
agreement
new
which
1948,
23,
a
to
and
preferred stock In Northeast oyer
of tne outstanding shares of each class within the next
common
months.
18
Atlas
95%
Corp.
its
of
now
19%
owns
preferred
the
of
stock.—V.
169,
Northeast
stock and
common
1994.
p.
gain
Airways'
during the first quarter
ilown
0G0, compared to
during the same
by
volume
of
Latin American
Clipper .cargo
governments
carried by
on
Paii
Latin American Division continued its steady
q.f
1949.
;
Common
preferred
stock
(no
reveal.
•/
..
v
the total
iirst
volume above the
1,815,758-pound figure recorded in the 1948
Latin American countries have cut down
imports, and Colombia, Argentina and Chile have set
up
virtual embargoes against almost all
foreign shipments.
Cuba
recently required a consular invoice to import textiles, an important
item
in
dollars,
many
of
flow
Clipper
%%.'
cargoes.
with
of
Electric
..totaled
61,340,000
corresponding
this
of
output
as
last
the week ended May 6, 1943,
with 56,769,000 kwh. for the
increase of 8.1%.—V. 169, p. 19s4.
for
compared
company
kwh.,
week
(Minn,)—Weekly Output—
year,
an
Noi walk Tire & Rubber
In
connection
with
represent holders
necessary,"
Chairman
of
the
May
on
and
of
Hollis
(he
to
1958 "iff
may
make
15,
position
by
5
ollicer
an
committee
April
due
present
company's
announced
committee
protective
a
debentures
Gross
Gleason,
T.
Burr, Inc., it was further announced that other members
of the committee are Augustus P. Loring, Jr., Boston, Mass., Chairman
board
versity;
Howe
and
the
and
York
Beach,
firm
is
of
own
trustee
$145,000
Cordage
member
and
Co.
the
of
trustee
a
Boston
law
Uni¬
&
Boston
of
firm
Dane
of
of
City,
York
New
Hodges.
Reavis,
the committee,
& Downey, New
Secretary of
is
trustee
to
a
or
Pantaleoni
that members
of
already
amount.
committee
the
total of $19,000 principal amount
otherwise,
principal
tne
or
when
additional
$1,268,500
the debentures on the ground that the company had failed
United States excise taxes falling due between Jan. 31, 1948,
21, 1943. and had failed to pay certain trade indebtedness
due.
the
as
$9,163,960
25,325
1949—3 Mos.—1948
$8,710,972 $27,138,750 $25,336,435
24,026
74,466
75,063
$9,138,635
$8,686,946
1949—Month—1948
Operatng revenues
Uncollectible
oper.
Operating
rev._
revenues
__
Operating expenses
1,163,105
Net
—
$928,620
$970,512
$3,028,586
$3,077,307
940,952
operating income-
1,006.587
3,042,503
3,107,020
after
!—V.
,
$27,064,284 $25,261,372
6,606,968
20,426,933
18,757,414
1,109.466
3,608,765
3,426,651
7,046,910
Operating taxes
Net
5,316,000
service
charges—
169, p. 1231 and 1673.
443,582
371,573
1,575,267
1,458,720
985,006
1,150,009
3,735,000
$2.C23,404
$2,493,277
$9,104,604
$3,744,219
<2,864
revenuc____
oper.
income.
48,906
260,693
206,800
z
$2,696,268
$2,542,183
$9,365,297
$8,951,019
427,791
244,550
1,227,738
$2,297,633
$3,137,499
$7,981,814
deductions-—
income——.
income
Earns.
of
the
Stanley & Co.
Coggeshall & Hicks
G.
IProvisio'n
cannot
Thus
ihe
he
2,1.33.022
2,160,163
V, 7,592,044
7,426,844
1,620.000
1,620,000
1.620.000
$1.32
$1.34
$4-69
Walker
H.
of comparison certain figures for the three months
have been restated in certain instances.
for "income taxes is affected
by certain factors which
31,
1948,
filed
mortgage
bonds,
(' Proceeds
for
1949
v/ill
series due
be
1,
to
the
the
1979.
,
.
company's
expenditures
$7,000,000 ill 1951/
of
payment of $3,500,000 of
that its
1949-1951
$16,900,000
A.
in
1349,
BALANCE
SHEET
Subscriptions for Stock—
Public
hion
stockholders
shares
(par
subscribed
$20i
offered
1950,
-
38,984
shares
subscription
of
$32.50
at
pommon stockholders.
Standard Gas & Electric Co.
.50,016 shares.
See also V. 169, p. 1490.
:
'
/
89,000
the
per
(parent)
and
com-:
share by
purchased
,-7',
Provision
after
pletion
•Earncu
deprec.,
$725,156
$916,530
$0.71
$0.90
3,983
4,632
$2,188,568
'
1,021,056 shares outstanding.
NOTE—Conversion
rate of
£J^$4<—V. 169, p. 537.
$2.14
12,231
" '
1949
representing
gas
total,
$1,200,051;
stock
(no
shares
par—1,620,000
outstand¬
ing), $20,250,000; paid-in-surplus, $288,072; earned surplus (restricted
to payment of dividends in the amount of $11,815,886), $22,844,889;
preferred: stock
(par $100), $13,545,500;
serial debentures, due
4%
each
May
1,
1949 -to 1971 inclusive,
1973, $30,OOG,000;
sinking
fund
debentures
due
$1,813,P6G; dividends declared
$5,105;
debt,
preferred
on
accrued
deferred' liabilities,
taxes,
$2,937,284;
..
.
stock,
accounts
payable.
$135,455;
matured
accrued
interest,
de¬
total,
$4,721,014;
reserve
other
V/*Vo
$46,000,000;
for
depreciation,
reserves,
$1,439,754;
•
„
Parker Pen Co,—Invades Medium Priced Field—
invasion
of
the medium-priced writing instrument field
An
announced
to
May 11 by this company which for
manufacturing and sales facilities
on
devoted
its
CALENDAR
YEARS
Other
1946
$6,421,231
$5 ,584,222
1,199,543
1 008,656
495,105
630,470
operating expenses—
General
taxes
Federal
income
operating
taxes
i-
income
—_
456,593
314,361
J 280,935
169,724
221,933
408,859
718,000
431,989
687,000
$1,461,702
$1,335,051
5,841
$1,112,887
14,367
$1,464,965
salaries and expenses
622,889
3,263
office
549,098
1,103,703
745,906
794,080
'
—___
1,276,673
188,901
———
General
1947
$7,392,657
revenues——,
depreciation
Other
income
Total
income
Miscellaneous
Interest
$1,340,892
$1,127,254
350,995
,
919,124
15,334
debt
_____
22,052
26,351
148,997
deductions
long-term
on
104,578
106,477
292
1,710
"3404
2,466
2,679
$1,297,230
interest
Amortization
$1,211,504
$990,037
100,711
468,970
charges.debt
of
expense
income
Preferred
96,500
.
80,000
397,986
dividends
dividends
•^-V.
the past 10 years
almost
exclusively
434,133
1995.
p.
Penney Co.—April Sales Increased 22.38%—
(J. C.)
Period End. Apr. 30—
Sales
domestic
1949—Month—1948
1949—4 Mos.—1948
$76,295,792 $62,342,567 $235,768,271 $221,024,691
_________
—V.
169, p.- 1673,
Pennsylvania RR.—Increase in Debt Authorized—
The
stockholders
should
and
ferred
to
the
to
heretofore
amount
annual
the
May 10 approved a resolution that the company
increase its indebtedness by $100,000,000 over-
on
authorized
be
above
election May
authorized.
24
for a
The
vote.—V,
resolution
was
re¬
169; p. 1995.
Pennsylvania Salt Mfg. Co.—New President, Etc.—
1 George
Executive Vice-President since
succeeding Leonard T. Beale
Chairman of the board.
William P. Drake has been elected Vice-President
and William F. Mitchell as Vice-President in charge
Beilzel,
B.
elected
with
the
President,
company
Jan. 1, 1949, has
who will continue
as
in charge of sales*
of manufacturing.
Assistant Vice-President, sales, assumes the
position left vacant when Mr. Beitzel became Executive Vice-President.'
Mr. Mitchell, Assistant Vice-President, manufacturing, succeeds Y. F.
Hardcastle,
who
retires from active
participation in the chemical
company's operation but who remains as a member of the board.
Mr. Beitzel and Fred G_ Biianaman, President of Pennsylvania Salt
Manufacturing Co. of Washington, wholly-owned West Coast subsidiary,
have been elected to two new directorships created at a recent meeting
of the board.
Mr. Shanaman also is a Vice-President of the parent
Mr.
.
Drake,
formerly
1
169,
1995.
p.
Peoples Drug Stores, Inc.—April Sales Up
i
There
136
a
were
year
8.2%—
1949—Month—1948
1949—4 Mos.—1948
$3,893,967
$3,599,800 $15,089,604 $14,443,455
Period End. Apr. 30—
Sales
President, stated the move was intended to broaden
market and provide a product more in line
with the purchasing capacities of manv foreign markets.
■;
"
'
"Like a great many American manufacturers," he said,
"our com-,
panylhas suffered a severe decrease in foreign sales due to paucity
of dollar exchange,
and also because, the company's regular line of
Parker,
company's
169,
company.—V.
was
merchandise.
high-price
Kenneth
7
the
pens,
like
consumers'
$2,377,864
$2.33
13,971
.highest-bracket
automobiles,
is
tco
expensive
for
foreign
pocketbooks.
In operation at April 30,
140 stores
before.—V. 169, p.
the
,The
to
retail
authority,"
of
the
higher-priced
store
Mr.
American
1949, compared with
1674.
istic. "The
line,
to
sales
pen
market.''
...
be known
is
"21"
made
ended
week
—V.
7,
May
kwh., or
1996.
Co.—Weekly Output—
subsidiaries for the
kwh., a decrease ot
from the corresponding, week of last jear.
of this company and its
1949 amounted to 140,375,000
output
0.6%,
109, p.
,
1
Co.—Tenders Sought—
•
Trust Co., trustee, 135 South Broad St.,
12 o'clock noon (D£|T) on June 15 J®cei^
Philadelphia Transportation
The
Fidelity-Philadelphia
Pa:, will until
Philadelphia,
as
employs a completely internal filling mechanism.
The
of a new allov, octanium, which is also used in main¬
springs of many quality watches.—V. 163, p. 2585.
point
electric
Parker
retail
the "21," will encompass many
features of the company's higher-priced pen and pencils.
Both models
use
an
alkali-base ink claimed to have an instant-drying character¬
new
Philadelphia Electric
The
835,000
analyses just completed by an
added,
"this company now does
business at $10 and over.
The
company's objective is to produce a pen to sell for $5 that will earn
the same stand-out position in that field as our standard line does
"According
in
taxes. __i
Long tons blister produced
■^On
1949—9 Mos.—1948
de¬
.share.—__
and
per
1949—3 Mos.—1948
31,
as
long-term
FOR
461,325
for
been
LIABILITIES—Common
impartial
O'okiep Copper Co., Ltd.—Earnings—
Period End. Mar. 31— '
Profit
MARCH
other deferred charges),
and
prepayment
$180,466,107.
74.9%
,»
INCOME
*
%
.
u
for
for
in
,
OF
AS
intangibles,
plant, $147,576,845;
$3,093,587;
has
program
short-term bank
construction will
$12,000,000
;'/
;
\'W-
.
construction
pompany. estimates
lequire
SEC
first
—
CF
per?
follows:
457c
27(4%
27%%
1,452,605
operating
until
sales
pu'-cliase contracts, etc., $462,895; ether investments, $3,807,973;
cash, $7,997,734; special deposits, $172,002; U. S. Government obligatiohs, $11,485,790; accounts and notes receivable (after reserve for
doubtful
accounts
of
$265,000),
$4,669,180;
material and
supplies,
$568,750;
the
as
—-—:—
—
Co
Commercial
finally applicable to such periods.
ASSETS--Gas
■,./%
the
of
registration statement with
bidding
of
$10,600,000
June
applied
(including
Joans.. The
a
competitive
&
Maintenance
the close cf the calendar -year.
for interim periods cannot always reflect
determined
statement
income
on
are
1948
Total
$4.59
expense
$2,000,000
by each
1,620,000
share—
definitely
the
tax
and
underwriters
——
STATEMENT
purpose
ended" March
the
centage of unsubscribed stock to be purchased
Common
stock-
corn.
per com.
Tor
for
stock
common
Shares
-
avail,
of
names
Morgan
Net
Net
&
969,205
$2,268,477
in come
Gross
pletion and amortization, $33,916,417;
$180,466,107.—V. 169, p. 537.
Oklahoma Gas & Electric Co.—Registers Bonds—
The company May 5
proposing the sale at
Telephone
Bell
Southern
.
Other
Interest
Florida.
through
telepnone companies in the State of
points in and out of Florida is provided
other
other
with
3,680,000
taxes-•
„.
vk
to
Telegraph Co., American
Telephone & Telegraph Co., Florida Telephone Corp. and Inter-County
Telephone & Telegraph Co.
\
&
Federal
and
Ohio Bell Telephone Co.—Earnings—
-Period End. Mar. 31—
i
with
known, the company has no security holders
prior to thesie of debenture holders."—V. 169, p. 1887.
claims
v
local
income
CONDFNSED
is
.v..
exchanges of
Toll
;
Net
Other
%%/%:%
far
"So
.
1,697,952
1,310,600
'.'
......
toll lines and provides toll service between all
and in some cases between its exchanges and
owns
exchanges
.connections
Aug.
*
%
341,399
1,376,666
amort.
miscellaneous
debentures and
holders of an
outstanding issue totals
represent
The
their
and
for
pay
and
Taxes—State,
tFederal
Net
added
\,f,
approximately
500,000.
own
Net
412,503
&
11,271,146
1,378,383
4,686,844
13,114,736
3,047,448
3,265,037
depl.
Atlas
principal amount.
Jn a letter to debenture holders, the committee pointed out that on
April 21, 1949, the debentures "were declared to be immediately due
and payable.
Such action was taken by. The New York Trust Co., as
*
Deprec.,
counsel.
announcement
families
as
T.
law
City,
The
Dane,
Operations
Plywood Corp., and Sherwood Waldron,
Assistant to the President of American Home Products
City,
John
Corp.
Plymouth
A.
director
a
New York
.
of
Walter
$9,111,192 f $8,714,364 $34,545,559 $31,219,813
revenue--—.—_
Maintenance
urni
investment
Coifin &
of
of
formation
the
was
the
Co.—Protective Committee—
convertible
which
which
of
the
of 4%
negotiations
any
r
mortgage.
was
wholly
operating
Traffic
Panhandle Eastern Pipe Line Co.—Earnings—
Perioci End. Mar. ol—
194i—3 Mos.—»1'94?
1949—12 Mos.—'*1948-
•
80,000 shs.
100,000 shs.
254,692 sns.
400,000 shs.
companies.
other
serves
company
its
of
To
Northern States Power Co.
1,500,000
.
BUSINESS—Company
AND
time
;
keep up with the growing demand for aircargo '^service, with its
.fast delivery, new low rates and safe handling, PAA has added a lleet
of 10 C-46-type cargo Clippers to fly Latin American routes.—V. 169,
p. ,807.
?■/
%:.=■■■
■■
■
•
par)
UNDERWRITERS—The
conserve
the
.
additional bonds subject to terms of the
of
company,
excess
quarter.
To
on
(par
within the State of Florida, at tha
79 communities, approximately 42
Of which are incorporated, in the Counties of Hillsborough,
Pinellas,
Polk,' Manatet,
Sarasota,
Pasco,
Charlotte, DeSoto, Hernando and
Highlands.
The population of the area served by the company is in
The
The
Exports .of 1,268,000 pounds were below the 1948 first quarter, but
"increased
shipments
from
Latin
America—562,254
pounds—brought
stock
FINANCING.
Outstanding
$3,201,000
*
0
200,000 shs.
1975
incorporated in Florida
June 20, 1901, for a period of 99 years.
Company wa§ organized for
the purpose of constructing,
maintaining and operating a telephone
system consisting of toll lines and exchanges or
local distribution
system throughout the State of Florida, either separately or in con-?
■
-
during January, February and March totaled 5,180,4,650,000 in the first quarter of 1948 and 3,165,000
period of 1947, figures just compiled by PAA cargo
due
series due
series
1967
$25)
$1 cumulative preferred, stock.-..
$1.32 cumulative preferred stock
Cumulative
present
/
.
controls
the
trade,
World
Ton-miles
officials
$1,750,000 loan Northeast
a
Finance
the
April
Ap¬
American
^
rigid
more
international
Northeast Airlines, Inc.—To Repay
Airways Corp.—Clipper Cargo Volume
PRESENT
Authorized
junction
Cthe
TQ
EFFECT
GIVING
SECURITIES
1st
^Issuance
$3,012,658
During
$266,430,319.
were
officer-employee group is tne
the
to
to the stockholders.
price
*
Unfilled
price
The
rights.
the
as
HISTORY
•
P. Morgan & Co., Incor¬
,
PURPOSE—The
1782.
p.
of J.
office
of
payable
are
23 Wall Street, New York. •
Concurrently with this offering the company is offering certain
officers and employees the privilege of subscribing pro
rata for any
of the
additional shares not subscribed for
through the exercise of
porated,
was
offered
,
Net
group jointly headed by Morgan Stanley & Co. and
Coggeshall & Hicks. G .H. Walker & Co. is also parties
pating in the underwriting.
The subscription rights
terminate on May 24, 1949.
pre-
AU of the outstanding shares of $5 dividend preferred stock have
been called for redemption on June 9. 1949 at $100 per share ancj
.accrued dividends. Payment will be made at the office qf the corpora?
.tion, 433 California bt., San Francisco, Calif.—V. 169, p. 1782.
'. V
1,954,000
taxes.
$57,040
exported
quarter
uuiw
:i::. Calls $5 Preferred Stock—
52,235,522
<94,000
expenses—
Provision lor Federal income
tons
and dividends. For further details
Dec. 31, *48 Mar. 31, "49 Mar. 31, 'A3
$25,623,579 $31,578,601 $57,202,180
.
oU.uoo
eral underwriters and
'
;
Cr6l5
$17,073
——,
pursuant to exchange otfer (v. 169, p. 1782),
shares will be issued in exchange and 50,910
shares
Period—
the basis of
on
stockholders'
lerred stock
$6,743,563
$5,694,500
149,090
Sales and other income
period——;.
during this year's first
stock of
right to subscribe for 42,448 addi¬
$38 per share
one share for each live shares held.
The
underwritten by an investment banking
10, the
May
tional shares of common stock (no par) at
.
Shares Offered—Of the 200,000 shares of $4.50
-
North American Aviation,
;
36,000
$56,425
adjustments—Miscellaneous
compared' vita
169, p; 1231.
preferred
—V.
3,600
$17,305
r
-
'
adjustments-
Dr 23 2
Pacific
,\
65.00J
'
—
other
V
■
'
Misc.
•
and
Cr261
1948.—V.
500,000
100,503;'
_<
income,
on
is
for
company
coal
277,648
lGo,6fad
iuuds-
reserve
appropriations
taxes
Cr 118
$7,521,211
$1,565,603
$1,481,393
.
Sinking &
17,384
(net)
•in
(;
$92,164
deficiencies—prior years
surplus
other
results
The
492,154
460,847
16^,488
1O3,ooJ
•
•.
,
and
-of
i
2,477,619
$43,171
'
Federal
.
•
Interest
$2,569,783
de-
—
'(net)
before
Surplus
466,3Z4
operations
interest
Profit
ry.
$1,878,553
•
rev¬
operating expenses,
and taxes,
income tax
on
i
Net
sold,
depletion
1948
1,835,388
and
Offered—The com¬
Co.—Stock
Telephone
is offering to the holders of its common
Subscriptions
income-,
fac.l.
Joint
Peninsular
record
v
oper.
Equipnicav
1949
merchandise
and
other, operations——*
goods
appreciation.
Profit
Ry.
fc
(& Subs.)—Earning
Three Months Ended March 31—
,
1949—3 Mos.—1948
tax accrual—
Railway
,
,
1949—Month—1948
Period End. Mar. 31—
common
offer has been
•
Pacific Coast Co.
of
Security
62,009
267,300
$366,368
taxes
shares
Underwriter,
pany
Net
•
Federal
for
May 3
company
900,000
236,878
54,8o8
,
Provision
filed a letter of notification with the SEC for
stock, to be sold at 30 cents per share.
Royalties, Inc.
Proceeds will be used for tne
repurchase of stock of the corporation under offer of rescission and
for operating expenses.—V. 167, p. 1591.
The
i'
Total income
Interest
$919,183
depreciation-
income, (net)
Depreciatio
1948
$994,178
$1,025,622
operations
i
.
.
A
15
(2107)
FINANCIAL CHRONICLE
Oxford Paper Co,—Earnings—
i
Electric Corp., announced
assets, machinery and inventories of Cen¬
tral Railway Signal Co., Inc., Peru, Ind., a subsidiary, have been sold
lor a cash consideration of $603,264.
This sales price is $122,144 in
excess Oj. the subsidiary's net book value of these assets at Apr. 3U, 1940.
The liquidation of this subsidiary is contemplated within the near
.future.—V. 169, p. 1672*.
>
\ ;
Sadacca,
May
on
COMMERCIAL &
v
Noma Electric Corp.—Sells
Henri
THE
Number 4803
-
•
as of July 1, 1949, of consolidated mortgage
due Jan. 1, 2039, to an amount sufficient to,,
prices not exceeding par.
Under the provisions of the indenture all coupon bonds accepted tor
purchase by the trustee shall be surrendered with all unmatured cou¬
pons attached thereto, with the exception of fixed interest coupops an<x
tenders
for
the
sale to
3%-6%
the
it
bonds, series A,
exhaust
sum
of $150,050 at
«
THE
(2108)
Interest
income
detached
the
irom
if any, maturing July
coupons,
belore
oonas
the
which shall be
1, 1949,
surrendered
are
same
the
to
COMMERCIAL
'2,961,250
PiiiJiaetpma Transportation Co. is required to pay such coupons
maturing «»iuy 1, 1949, upon presentation thereof, and is also required
dend
to
a
liXeo
pay
tfae
mtiiebt
registered
trustee.—V.
ana
bonds
1G8,
without
accepted
coupons
2229.
p.
if any, due July
interest,
income
for
by
purchase
tne
Pioneer Finance Co., Detroit, Mich.—Files—
The
1896,
May 2 filed a letter of notification with the SEC for
22Jt>54 shares of 6> cumulative convertible preferred stock ($10 par)
**tA 135,924 scares ($1 par)
common, reserved for conversion.
Prowill
Bank
Building,
be
for aad.tionai
used
Detroit 26,
capital.
working
Mich.—V.
167,
Office:
1591.
p.
of
D.
Fox,
12
amount
Treasurer,
clock
o
company
noon
;
Seventh
380
May
on
Juris
o,
a-
1,
1949,
Avenue, New York, N. Y., will,
receive tenders "for the sale to the
first general mortgage bonds to an
31,
of
sufilcient to exnaust the sum of *78,230,
par and
interest.—V.
accrueu
exceeding
at prices not
Subs.)—Earnings—
1949
of
with
$3,722,594
2,313,837
2,478,190
Bum.:.
Income
from
and
Total
operations
$1,333,819
income
its
income
Administrative
Taxes o'.htr
and
general
$1,249,011
income
Pro vis ic n
ior
ior
i
-Net
income
—
61,138
motor
75,356
electric
365,000
<339,464
$716,567
<—2
$1.98
Total
/'M*'1 r--:;1
May
$2,000,000
Bank
ctf
&
9
announced
from
of
May
4%
Trust
25-year
107,370
534,999
njtes
Co.
first
the
12
to
July
12,
1949,
the
.Portland
has
bands,
mortgage
of
held
by
company
Gas
of
proposed
of
exemption
an
from
competitive
maturity
Mellon
the
bidding
which
Stuart
&
Co.
11,
May
Electric
Power
Inc.
and
Co.—Bonds
associates
of
$3,500,000
$10,000,000 first mortgage
■doe 1984 at
101 yk%
bonds,
The
issue
for
the
Salomon
bonds
Broi.
May
9
on
bid
a
of
Co.
and
&
White,
the
for
Net
series
Income
Co.
&
Stock
holders
of
itight to purchase
stock
mon
one
additional
an
(par $10)
of
592,250 shares
at $12.50 per share
of
Rights expire
(EDT) May 25.
Subscription agents are Chemical
Bank & Trust Co., New
York, and National Savings Bank
& Trust Co.,
Washington, D. C.
OF
Hie
dated
are
May
in
and
l
New
May
Nov.
York.
1,
1
at
ioaiy, and fully registered
■multiple of $5,000.
net
of
in
proceeds to
the sale of
from
expenses,
due
May
the
stock
■funds
of
in
Interest
payable
Washington, D. C.
as
to principal
$5,000
(estimated
at
after
company,
the
bonds
new
■038,711, excluding accrued interest) and
■common
1984.
l,
company
$1,000, registerable
denominations oL $1,000,
and
from
$7,071,962)
the
will
deducting
(estimated
be
added
the
to
esti¬
at
$10,additional
sale of the
general
the
company.
Such general funds will,
among other things,
>be nsed
(i) to reimburse the
company for capital expenditures pre¬
viously made, ( ii to meet the expenditures
during 1949 for the con¬
struction program of the
company and
(iii) to advance funds to its
subsidiary, Braddock Light & Power Co.,
Inc., to be applied toward
that company's
construction program.
«'CONSTRUCTION PROGRAM—Company
dock
will
expend
in
and
$16,700,000
in
connection
its
1950,
with
£ubs d ary
approximately
$15,000,000
in
1951
if anticipated that such expenditures
■as
construction
®
•
.•
Power P<ant;
$8,000,000
to
be
in
revenues—
railway
generating
be
it
Alex-
new
25,000-kilowatt genteitamng unit and related
equipment in the company's Benning
power
,?h °° lor other generating facilities; $3,722,000 for trans¬
mission faci itie-;
$31,423,000 for distribution facilities; and
$2,605,000
eral
of
As
of
s' inciud-n8 an enlargement of the
31,
1949
8Sh«
tl0.3v6.000
vacuities and
it is
the
construction
ior
anticipated
including $11,000,000
?n
had
company
V
the
volt
that
of
the
new
to
plant
further advances
1949, will be made
for
Braddock
and
of
a
related
$17,000,000:
now
or^ltR^sifhsVrf^ro
its
subsid.ary
or
?95°V 1951not now
aaU ly52
type
of
a
(CAPITALIZATION
314%
314%
£14%
,314%
3%
Dec.
31,
approximately
of
TO
Prov.
i
f
•
AND
-»-
/»
notes
or
-Common stock
"
*
,
1977
or
before
—
L.
Int.
-'1,643,465
Hume
($10 par»__
as
stock
the
$4,611,679
Drl9,113
$4,584,435
•
.
thereto!-ns
va?vhiDfmonn^ C°MMON
$3,266,683OF
the
'
bonds
,
the
and
nn
reclassification
f
of
the
;
-1948
1949—3 Mos
V
V
1949—12 Mos.—1948
S8,854,298 $38,377,401 $32,182,025
3,643,458 ,17,379,344
13,467,911
601,268
511,939
2,366,695
893,316
809,956
3,330,646
3,089,971
863,871
777,516
3,071,388
2,896,74JJ
;
2,158,367
■
taxes.—
3,412,000
2,866,000
S7r703,025
_H_a—— "
74,659
133,400
420,736
569,174
! $2,594,490
income—
$2,367,828
$9,238,062
574,626
567,806
2,185,007
$2,019,864
other
$8,272,199
2,233,19$
$1,800,022
$7,053,055
$6,039,003
deducts.
1888.
VI
H
the
to
par)
Act
stcck.
for
lequested
ceeds
of
offering
The
to
are
of
be
from
of
later,
ment
of
will
issue
and
by
issue
of
com¬
one
new
share
for
each
date,
used
lor
bank
The
and
has-
company
together with the pro¬
an
application is to be
which
to
as
be
underwriting
bidding.
stock,
short-term
Holding
shares
amendment.
common
the
said
record
competitive
the
under
sell
of
rate
price,
;
'
-
application
an
the
at
supplied
sale
the
is
$4,000,000 bond
a
filed
•
offering
exemption
an
Proceeds
an
stockholders.
held.
terms
registration statement with the SEC
additional
104,804 shares of its common
a
previously filed
authorization to
The
shares
filed
9
of
sale
company
H-H:
^.
May
.,)
r
Hampshire—Registers With
..;H
($10
other
'
borrowings).—V.
construction
(including
purposes
169,
p.
repay¬
1996.
The
May
.
filed
9
a
registration statement with the SEC
sale, at competitive bidding, of 50,000
•shares of preferred stock
(cumulative—$100 par value).
Proceeds
will
be
used
to' pay the cost of property additions and
betterments.
The
company
expended
$1,214,000
for
such
purposes
during the first quarter of 1949, and contemplates additional expen¬
company
the
prcpcsii g
issuance
and
.
$3,340,557
BONDS
Wm.
E.
Pollock
$3,531,622'
'
.
.
respective
&
.
prin¬
ditures
of
$7,060,000
and $5,800,000
Co.,
Inc.
during
in 1951.—V.
the
169,
balance
of
1949,
$9,211,000
in
1950,
1011.
p.
Public Service Electric & Gas
250,000
Company
L__—
350,000
Shields & Company—, 1,000,000
„——
200,000
Stein
250,000
Thomas &
Bros.
the
OF
& Boyce—
Company——
COMMON
principal
respective
The
underwriters
severally
of
be
to
The
"300,000
bonds
opened
of
the
the
"
v
&
Co.
"
&
&
C. Jones
Mackall
&
Robinson
I
—
The
for
the
to
general
the
at
maturity,!
used to pay
be
are
funds
bank
of
the
be
plan
of
that
after
April. 30,
The United Corp. under
1949,
Section
11(e)
the
of
ordering it enforced
Third
6
"
-
I
.
1949
1948
"
-
$15,202,544 $15,035,185
645,288
a
District of Delaware
approving the United Corp.'s plan and
were filed in the U. S. Court of Appeals ior uhe
Circuit, but that Court, on April 22, refused to grant a petition
stay of proceedings during the pendency of the appeal.—V. 169,
1996.-
Puget Sound Power & Light Co.—May Be Sold in June
The
the
*385,904
564,600
-
prolit
*262,419
State
SHEET
AS
AT
ASSETS—
MARCH
1949
„
assets
1943
of
$17,687,715 $21,006,075
assets
'
:
Properties, net of depreciation
580,552
•
163,699
* 8,743496
$25,315,090
date of legislation permitting joint
acquisition
purchase
the whole system would be preferable to its piecemeal acquisition.
Frank'
McLaughlin,
in the Seattle
President
area
of
Puget
,
Power,
$36,000,000.'>'."
at better than
'1
'"
■• •
The city's experts have
McLaughlin
Total
'
10 is the effective
private power facilities by the Public Utility Districts. ,
Mr. Richardson said the utility company has agreed that
ties
*4091551
,
Utility Districts hope to purchase
whole soon alter June 10, according to
of the Washington Pub.ic Utility Com¬
Public
a
disclosed last month
that-consultants employed by his company valued the utility's proper¬
774,160
6,883,124
charges
~
as
President
Association.
missioner's
of
31
Washington
system
Richardson,
June
BALANCE
of
company's
J.
L.
'"Loss.
Deferred
will
the
6
6
—
other
payment,
the company's outstanding
added
be
to
the
Holding
6
—
and
will
for
$20,000,000
Inc.—Earnings—
profit
current
made
Company Act of 1935, the company and its
subsidiaries ceased to be subsidiary companies of a holding company
and subject, as such, to the jurisdiction of the SEC under the Holding
Company Act.
Appeals lrom the order of the U. S. District Court
14
for
CONSOLIDATED
be
1,1949;
statement points out
the
of
Utility
IIIIIIIIIIIIHI
111111111111
sales.
Investments
date
Public
14
Lukens
Pressed Steel Car Co.,
June
which
II—HHII
IIIIH
3 Months Ended March 31—
Operating
on
remainder
of
registration
the
p.
Gross
the
out
effective
1996.
p.
bonds
IIIIIIIIIIIIIHUIH
Co,___
Co
Coe—
and
169,
&
Li
to
$49,000,000.
-
14
g
Johnston, Lemon &
Robert
HII—HI
*
$18,980,500 will replenish the general funds of
advance of maturity the balance of
and
mortgage
competitive bidding.
paid, at maturity, Nov. 1,
1949,
$9,475,300 of other prior lien bonds. The company estimates that total
expenditures for construction in 1949 will amount to approximately
Percentage
14
___!
7.
disbursements
lien
company
14
Sons
for
prior
loans,
by each,
Company
June
refunding
statement with the SEC
bonds due 1979.
The bids are to be
registration
and
first
offered
proceeds,
for
of
a
in
additional
;
be
filed
6
of
unsubscribed
Inc
will
on
the
company
purchased
May
company
covering $75,000,000
*300,000
STOCK
percentages
stock
common
Co.—Registers $75,000,-
000 Bonds With SEC—
Robinson-Humpnrey
called
the
estimated the value at only $23,-800,000.; Mr.
city's valuation "unjustifiably low."—V. 169j
p. 1491.
$30,-933,282
H
LIABILITIES—
Total
current
Reserve
and
Surplus,
liabilities
other
stock
stock
$50)
and
4,297,750
1,045,500
9,896,585
earned
-4,297,750
1,045,500
$1)_^_'_
(par
paid-in
$9,490,133 $13,439,101
585,122
617,116
liabilities
ipar
11,533,815
168,
p.
$25,315,090 $30,933,282
2546.
„•
-
(&
Subs.)—Earnings—
1949
1948
sales,
"After
Selling,
depreciation-,
Federal
$26,032,229 $15,061,909
•'
$4.04
admin,
and
general
8,744,184
1,156,364
exps.__ ^
nine
the
for U.
tax
1946
$639,000.
S.
of
months ended March 31,
1949, provision has been
and foreign iniome taxes of
$17,620,000; 1948, Federal
$39,090,000; 1947, Federal income tax of $32,960,000;
Federal
income
tax
of
$9,455,700
and
excess
$1,784,644
79,510
$1,241,012
$2,061,381
$1,864,155
389,675
429,030
.427,044
25,000
46,500
37,000
359,000
622,000
509,000
$467,337
income
Minority int.
$1,962,626
98,755
$963,851
$890,954
$1.04
$0.96
"HI
income
-—-——
in
•
10,142,8i3
7,269,239
1,111,448-' rl,07i,268
38,337
$1,202,675
——
and
.„
sales— $11,103,223 $13,216,947
of depr. & depl.)
and
1948
-
depletion
.-i_L
—
tax——*
inc,
of
-
-
subsid-,
156
co.
$2.32
income
taxes, etc., and in 1948 after
appropriation of $34,000,000 as an addition to the reserve for
inventory
decline and in 1947 after reserve for
inventory price decline in
the amount of $29,500,000.
For
inter-co.
of
(excl.
Gross profit
Other income
Federal
1946
price
income
excl.
Cost of sales
State income tax_-__
1947
.
r
1949
Quarter Ended March 31—
Net
Depreciation
;
(& Subs.)—Earnings
Quaker State Oil Refining Corp.
„
.
—
*Consol. net earnings™ $33,581,913
$32,270,466
Earns, per coin, share—
$5.22,
$5.01
paid dividends in
common stock in each year since 1904. Since
common
stock in
1947
and during
1948, the
.
Public Service Co. of Okla.—Registers With. SEC—
The
Folger, Nolan Incorporated
Goodwyn & Olds
^
made
STOCK-Company has
-
$8,817,327
Total
,
Western
miscel.
company
eight
$4,762,856
-1,231,234
1,243,878
300,000
Procter & Gamble Co.
225,000 shs.
the
231.
p.
2035.
p.
and
169| p.
mon
$5,104,269
Dr 32,409
several
and
additional
Brown
-V.
3,553,500 shs.
of
Manager
16'3,
877,000
The
Dr304,099
Sons
of
Read
Ferris
.,
_,
1947.—V.
without underwriting.
Proceeds will be used for gen¬
- Office,
18 West Chelten Avenue, Philadelphia
income
stock
$4,800,170
Dr37,314
-
9 Mos. End, Mar. 31—
400,000 shs.
Harrison, who retired May 2,
General
$2,234,428
proposing
5,000,000
5,500,000 shs.
Inventory Pricb
704.
1,019,000
The
2,742,612
Dr8,131
,
10,000,000
?Iay b? lssued under the indenture on compliance
/
and the provisions of indentures supple-
for
p.
America—Promotion—
of
Public Service Co. of New
1,000,000
names
Dillon,
5,000,000
5,000,000
169,
5
"*■
Service, Inc., Philadelphia—Files—
taxes
and
—V.
1,903,590
2,860:231
Auchincloss, Parker & Redpath
15,000,000
5,000,000
"Reserve
as
fiscal
purposes.
income
Net
1,679,979
$4,603,548
-
300,000
Total
12,000,000
Co.
Assistant
depreciation-
•
200,000
of
,10,000,000
$12,000,000
been
and
$4,491,755
purchasers of
Co
Common
Nov.
-t.'-
($5° Par'——
»ifchdfdh»0nfi!„b^ds
reclassffirat
~
1975,.
__
on
1949,
mental
1974
by
this
operating income_, '$2,519,831
Gross
1,353,284
follows:
$20,000,000
before April 1,
——
payable
FINANCING
Outstanding
1966
due 1983, due Jan.
1, 1983
due, 1984, due May 1, 1984
011
•
for
May 5 filed a letter of notification with the SEC
cumulative debentures, dated Dec. 1, 1942, to b?
167,
SEC—
SUBSIDIARY)
1,713,341
$4,491,755
$3,816,901
shares
the
company
market
inventory
reduce
on
par
local
Other
-
'1,607,142
for
Net
1947
sale
'
-,
in-the
He succeeds Howard G.
has
6%
Federal,income
1,128,000
$5,673,044'. $4,459,346
1,856,143
1,192,663
inet)__
of the
at
Federal
1948
Columbia
...
.
*
1,
1974, due Dec. 1,
ser. due 1975, due Aug. 2,
ser. due
1977, due Aug. 1,
~T
214%
PRESENT
bonds
due 1966, due
July
due
ser.
,,
Authorized
ser.
notes payab.e
the
oils
the
to
operations
$37,000,000.—V.
Insurance
Maintenance
the
of
area
1,815,361
$5,350,000
Preferred
EFFECT
ser.
series
■2%%
■2/o
to
through
01 securities of tne
determined.
GIVING
'
iFirst mortgage
$30,000,000
be
T
corporate
State,
company).* ex¬
of
as
that purpose.
t0 obtain- in addition
approximately
of
—
intercon¬
Cr5,973
—
chgs.
are
presently expects that in order to
carry out the above
,TS?CJ2?rtf,rosram it,,wl11 have
offered.
from
Operating revenues
$10,345,415
Operation
L-———-a
4,448,128
transmission
volt
the
District
service
1,961,589
Cr651,648
income
common
company's service
advanced
profit
what
may
$200,000
&
Total
March
efiect
and
fats
determine
to
the
available
be
to
■; : Period End. Mar. 31—
,
budding1 a
market
Public Service Co.-of Indiana, Inc*— -Earnings—
of
that
(COMPANY
1948
(net)—..
names
The
.
but
net
amount
company
Pa.—V.
44,
Of
Net
hand
on
their
-
and
requirements
110,000
than
was
in
The
;UNDERWRITERS
a
>
goods
of
excess
the
With
possible
department since
$250,000
offered
and
$5,667,071
Incorporated ___!_
Mullaney, Wells & Co.—
1952.
Braddock's
install
others
by
to
$5,015,523
;
1949,
in
Office
The
for
for
$25,100,000
market.
30,
the
Public Finance
and
com¬
a
Brad-
applied approximately
80,000-kilowatt
in
and
program
$10,000,000
and
will
(follow.*:, $19,500,000 to
complete the'two
.units and related fac
litles being installed
230,000
1,655,037- V 1,329,826
3,309,392'f
2,966,466
Brothers
Alex.
not
is
June
•>'
Company
Income
Thomas
—V.
estimates that it
the
is
any
Coupon bonds and registered bonds
interchangeable.
PURPOSE—The
mated
1949;
agency
Denomination
of
its
of
consisting
2.227,123
income
Byrd
.
total
a
Abernethy
Home
*•'''* 1945 V
;"^1946
$31,979,235 $27,097,078 $24,554,034 $23,262,600
17,654,719
14,532,081
12,118,176
10,473,866
inc.
on
Gregory & Son, Inc
Otis
or
continues
used
Columbia
street
a
and
estimates
served
'.
Courts & Co._
offering has been underwritten by Dillon, Read
a group of
Washington dealers.
(Bonds
on
■»r
Mr.
right-of-way of the Penhsylvania RR.
EARNINGS
Inc.
& Co. Inc. and
finished
in
was
-
1949.■
cipal amount of bonds severally to be purcnased
by each are as follows:
Halsey, Stuart & Co.
Roger S. Palmer Co._„
the basis of
on
a
volt
by
PURCHASERS
com¬
cost
it
at
lb Western States.
company with the hydro¬
Consolidated
Gas
Electric
of
...
depreciation—
int.
Net
offering to
May 10 the
record
share for each five shares held.
new
3 jp.m.
stock
common
the
area.
adjustments
Gross
The
Offered—The company is
its
all
the
over
2,117,441
income
Total
processed .end
commitments:
Hugh Abernefhy has been promoted to General Manager in charge of
loans and real estate investments for the company in the
including the
There
and
Lee
Common
by
system
estimated
was
Maryland
taxes
oper.
Other
on
mortgage
of
.
•
be
of
be
Prudential
.V
,
1949
the company
District
purchases
Company
expenses
& Co..
rtfee
the
132,000
areas
revenues
for
Prov.
Eight other
Weld
operates
in
company
taxes
Prov.
Carl M. Loeb, Rhoades
Higginson Corp. (Jointly), 100.715; Harriman Ripley
Inc., 100.045; Lehman Brotners, 100.5781; Kidder, Peabody &
Co.
and
Merri.l
Lynch, Pierce, Fenner & Beane
(Jointly 1,
100.57;
SfiUhn, Loeb fc Co., 100.555; Dillon, Read & Co. Inc.,
100.1399; The
First Boston Corp., 100.099.
i
tb
the
public,
2%%
101.01991.
2%s were received, viz:
Hutzler (Jointly), 100.78891;
of
customers,
Governments,
which
(owned
along
of
Maintenance and repairs
Taxes, other than in¬
Total
as
898,000
in
Operating
Operating
and accrued interest. The issue has
awarded
was
its
July
will
output
sales
energy
Baltimore
lines
part
SUMMARY
been oversubscribed.
bids
Co.,
system
over
Calendar Years—
.
reserved
to
in
materials,
$11,000,000
as
There
will be interconnected
its
of
commercial
..
Offered—Halsey,
offered
of
and
area
consists
come
Potomac
service
Board,
,
daily
will
Decline"
subsidiary,
approximately 3 square miles in Arlington County,
Va., -comprises about 12%
of
the area
of
that
county and, as of
Dec. 31, 1948, had a
population, estimated by the company, of approx¬
imately 15,000.
■
*
■
r
National
of
in
plant
most
Columbia
interchanged
in Maryland.
population of the
SEC
but
and
generating
Co.
in large
service
which
previously
Juris¬
diction over tne definitive terms of issuance and
sale.
However, the
oompany was unable to complete the sale of its bonds
prior to the
May 12 maturity of the notes, and the bank agreed to a two-montns'
extension of then maturity. —
169, p. luo9.
granted
and
Maryland,
transmission
230,000
authorizing
the
the sale
which
to
as
order
an
much
capacity- turbo-generator
placed
Tne
the
of
year,
the company and each
company renders certain
and makes use of certain of the other's
facilities.
Counties
'H1
of
be
lower
.fluctuating
District
tne
Chairman
at March
31, 1949.
At the close of the cuirent fiscal year,
30, 1949, any such excess will be recognized by the usual yearprocedure of pricing inventories and raw material commitments,
'situation
approximately 633
square
miles comprises tne entire District of
Columbia and approxi¬
mately 51% and 63%, respectively, of Prince
George's and Montgomery
•
issuance
Power
Maryland,
The
(Ore.) Gas & Coke Co.—Notes Extended—
extension
to
electric
of
Transit
of
energy is
and
steam
tending
464,472
the
transportation
and
in
the
4;V v •'
Portland
31
202,970
109,773
___
line
224,659
—_—.
_
80,000-kilowatt
company
of
energy from
to the other
electric
Light
1948
180,991
109, p. 807.
SEC
the
District
sections
necting
173,708
N^irch
The
bus
services
$670,669
$2.11
shares*—-
1949
January
February
an
and
Capital
adjacent
TONNAGES OF COAL PRODUCED—QUARTER ENDED MARCH
—V.
revenues.
69,137
——
o^p.tai stock
oi
in
Deupree,
raw
material
raw
the
at
America
energy
of
value
paratively small amount of heavy industrial
activity in tne area served
by the company and its subs.diary and' revenues from such sales
are,
correspondingly, a relatively small proportion of their total sales and
415,000
uxes——_
of
two
expected
of
June
■
engaged
electric
of
spring of 1950.
Electric
profit
share
Per
v.ue.al
is
the
portion
States
76,848
depletion and depreciation,
fvovision
in
system
major
77,736
taxes—
which
subsidiary is to domestic
79,003
expenses
"
reueral
u,ail
4,608
;_
of
cost
company.
The
.
$1,244,403
23,624
$1,357,444
miscellaneous
sale
and
incorporated
in April
relating to the
in tne generation,
was
States
principally
and
The
and
other
the
United
interest
distribution,
of
one
the
by the
1948
$3,647,657
Cost
United
is
initially be installed
units,
and
Pond Creek Pocahontas Co. t&
the
It
R.
April 27 said:
in
rural,
will
167, p. 2035.
■Quarter Uiued March 31—
Richard
divi¬
holders of
1949 declared
to
end
BUSINESS—Company
of
Monday, May 16, 1949
the
on
quarterly
A
1949
in a limited contiguous
territory, largely suburban
Maryland,
and
interchanges electric energy
witn
a
neighboring utility system.
Company's system is interconnected with
that
of
Braddock, its only subsidiary,
an
electric utility company
engaged in the distribution of—electric
energy
in a small area in
Virginia contiguous to the District of Columbia.
Company supplies
the subsidiary with
its entire electric energy requirements and also
lurnishes it,
at cost, with engineering, operating and miscellaneous
services.
The subsidiary is
constructing- a power plant in-which there
and
Pittsburgh, Youngstown Jk Ashtabula Ry.—-Tenders—
P.
Ufitil
31,
,
Columbia.
Columbia
March
share
per
outstanding.
on
,
under the laws
of
then
paid
was
7,' 1949.
AND
transmission,
National
901
1949.
District
company
deeds
stock
6,
share
dividends of 2214c
stock
common
CHRONICLE
The board of directors May 9,
2214c per share, payable June 30, 1949 to holders of
(including the additional common stock) of record on
■'"
of
HISTORY-
FINANCIAL
five quarterly
per
March
On
common
i.
(
.
22 tic
dividend
June
,
paid
shares of
of
record
1949, on
1,
has
■company
trus¬
tee.
&
prolits
-
tax
Net
profit
Earnings per
—V:
169,
p.
—
share___——
1232.
-
;
$0.50
'
Queen Anne Candy Co.—Gorman
-
W.
A.
vestment
Gorman,-President
of
Link,
bankers, has been elected
a
a
Director—
Peck & Co., Chicago in¬
director.—V. 167, p. 2035.
Gorman,
of
(Continued
on
page
55)
.
Volume
169
THE
Number 4803
,
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2109)
Stock Record «» New York Stock
Exchange
DAILY RANGE OF PUCES
Range for Previou
FOR EVERY LISTED ISSUE
STOCKS
,
Year 194*
""
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
Leweet
NEW
Range Since Jan. 1
Leweet
Highest
YORK
f per share
t per share
1
STOCK
•«
76
Dec
100
2%
Dec
6%
Dec
55 y2
Jun
May
75
Jan
44%
40% May
70
May
2
3% Jan
Apr 21
7
ACF-Brill
9
Acme
6
Adams
7
Adaras-Millls
19% Jan
14%
Feb
Dec
27 %
Dec
41% July
27% Mar 28
30
Jan
26
7y8
Feb
22%
14% Feb
19% Jan
6
8% Apr
19
17% Ffeb
23% May
46y*
-
10
Jan
5
35
Jan
Dec
7% Apr
46% Apr
xl8%
Dec
! 27% May
99
Nov
13%
2Va
65%
23%
*171
;
Mar
99% May 12
198
Dec
Feb
-
21%
Dec
Nov
44
Feb
Dec
Oct
31%
Oct
26% Jan
-6 %
May
3
Jan
37
121
:■
4
May
■
52%
Feb
40%
*28%
29%
1
18%
18%
19 VB
r_l
'
7%
7%
7%
Mar
6% Jan
Mar
51 <■ Jan
29 %
July
70
4
Dec
Nov
May
■»
^
Dec
Feb
Oct
43
7
6%
177
'
Jan
30% Mar 23
Jun
Ya Nov
49%
Jun
25% Apr
Nov
100%
Jan
68
Chemical 8c
Kid
l
Dye—.Nopar
CO
•
5
•
ZVcft
Mfg fcommon_No par
preferred
conv
6%
Bosch
Corp
3
93 !A Apr
27
Shoe Co
conv
preferred
Broadcasting
27
May
20% Feb
1
Aug
106% May
6
108% Feb
15
38
Dec
51
May
39% Feb
15
46 Vi Apr
4
American
15
Dec
20%
Jun
15% Feb
8
18% May
4
Deo
22%
Jun
15% Feb
11
17% Mar 21
American
81
Dec
94
Jun
33j/4
Feb
43
Oct
94 y2
Feb
25
Feb
77
Apr
87
18
Mar 11
107%
35% Feb
Jun
8
Jan
3
29% Jan
3
99
49% May
42% May 12
May 11
36% Mar 31
Year 1948
Lowest
5
Range Since Jan. 1
Lswsst
Highest
J an
47/s Feb
7% May
19%
Oct
15% Feb
6 Vb Apr
24
13%
Dec
19
Apr
13% Jan
5
1%
Sep
4% May
89% Jan
1% Jan
4
Dec
44
Jan
14%
Jun
6% Jan
3
Nov
77%
Jan
38% Jan
Dec
43% May
3%
Dec
.18
46
7%
Jun
20%
Feb
5%
100
47
Jan
26% May
24% Jan
8% May
<
5% Jan
>
10
Apr
9 Vb Apr
51
27
28% May
90
Dec
92
Jan
73
Feb
23
10%
Feb
15%
Jun
11% Feb
7
Jan
19
Jun
15"% Mar
1
17% Apr 30
18% Jan 20
16%
Dec
95%
Feb
108
Jun
14
Jun
26%
'
78% May 13
May 10
102
Jan
31%
31%
31%
31%
31%
*3
31%;
x31Va
3 Vb
V
3
3
3
*37
42
101%'
35%
/
42
101%
102
*37
,
102%
35%;
*36
•
;
' v
9%
'.9 VB
'9%
9%
64%
64%'
64
-
.3
89%
-
;
3
100
:
36
36% '
36
9%
x62%
623%
23%
233/4
23%
23%
-23%»
66
65
65
64%
65
64%
64%
*65
66
8%
8%
;
*100%
102
: r 7% 7
: 3%
7%
3Vb
7%
31%
101%,;'
*100%
"
77 7
8
'
101
101
"*65
31%
*101%
7%
7 »/s:
3y8
7%
3y8
1,900
*31%
130
8%
32%
*101%
-
1,700
65%
7%
102%
-
102
7%
32,000
*
64%
23 Vz
7%
31%
31%
'■
9%
*63%
•,
7%
:
1,000
,
* 1,000
;
500
7%
7%
;•
9,500
2,600
900"
,
•>■
,
7%
2,000c
'
3y8
3%
r9l,
*175 4i
8%
31%
31%
7%
91
176
8
31%
31%
177
92
176'
8%
*
^
;
36%
9%;
s
1,000
V
102%
363/8,'
9%
'64%'
3'%
90
91
90
176
-
177
*176
i.
3%
3y8
90
9oy8;
177
3%
"
177
•3%
2,600
9&y4
,
90 3/4
*176
800
"
.
42
102L
,
9,800
r:
3
; *38
*37 ;
42
*
102% 102%
9%:
(
23%
*26%
J
69"
21 Va
*106y2
'
;
69
43
1
1
21%
*106%
43
18%
43%
r
V
126%
26%
69
69
"•
21 y2
107 V2
18%
"
26%
27y4
18
*106%
90 Vz
2,300
170 1
176
43%
40%
40%
40%
*32
41%
110
106 Vz
21%
108
443/4
45
V'
;
44%
44%
443A
18%
18%
*18%
18%
*18%
16
16
*15%
79
*77%
79
79
*773/8
79
42
105%
31%
.
16
;."
42%
42
31%
*77%
42 3/4
42%
106
106
LOW AND HIGH SALS
;
106
31%
42%
106
*31%
f
106
32
2,100
300
,
700
42%
*104%
32
12,700
1,000
.
32
700
Friday
Salee fer
May IS
the Week
PRICES
Tuesday
May 10
Wednesday
May 11
Thursday
S per share
'
'
163/8
31%
Monday
300
1,100
'■>.
18%
15%
32
S per share
1,900
X
22
*iosy2
22%
108
26%
„-68
44 y4
105
May 9
223/a
*
"
68
16%
31%
May 7
*
22%
108
26%
69
18%
104%
Saturday
'
263/s
*68
44
105
'' $ per share
Par
I
*15%
41%
104%
*:
STOCK
,>r.
*77%
-
33
*104'%
26 Vb
26%
69
*18%
16%
#773/8 '79
79
*21%
21%
108
44
*77%
*68%
*106%
18%
: 15%
69
"21%
'
26%
26%
*68
21%
108
*15%16V*
$ per share
$ per share
May 12
$ per share
*5V2
5%
*5%
*16'/2
17'A
*16%
Shares
5%
Nopar
40c
*16%
17'/2
*16%
16%
16%
*1%
1%
1%
513A
2,400
*7%
i; 7%'
"7%
8%
81/*
8%
2,500
45V*
42
42
43%
43%
433/4
43%
*43%
44%
35
3%
35%
35%
35%
35%
35%
35%
3%
3%
*3%
3%
3%
3%
par
,
*5iy4
52'A
*7%
*45V2
46
51'A
7%
44V4
*35
35%
35
conv
10
com
preferred
Ice
non-cum
*3%
1
50
Products
Co
American
Nopar
preferred
preferred
1
—100
3'/8
3%
48y2
100
16%
16%
*16%
17
163A
16 3A
*16%
17
600
1%
1%
1%
*1%
1%
1%
1%
51'A
49%
17
7%
50
77/a
7%
*46
47%
27%
*12'/2
12%
12%
17'A
17Vb
80%
13%
13%
13%
;/
1
14V%
28
*46
48%
7%
8
:
27%
:
7%
86
85
50%
3%
1,600
47%
27%
7%
1,100
3%
*46
47%
28
700
35
35
28%
8,100
7%
7%
9,300
90
12%
12%
*12%
12%
*12%
123/4
17%
17'A
17%
*163/4
17%
*17
14%
14
14%
14%
14%
14
14%
80
79%
79%
79
79
78 Vz
78%
400
13%
12%
13%
12%
123/4
12%
123/4
5,200
80
78
78
14
*79
83
*78
*46
x27%
7%
511/2
'
2,500
-
17%
17'A
80y2
503%.
.
1%
76
76
12%
*17y8
51
28
6%
76
50%
1%,
47%
27%
6%
14'A
400
17%
6%
14%
5%
*163/4
*46
27%
14%
■
17
*67
V
5%
17
6'/2
*67
5%
17
27%
j '
5%
*16%
*6'A
>
100
common
8
5%
17
27%
*46
1
com
Locomotive
5%,
*5%
Nopar
& Leather
*5%
1
Nopar
1%
31%
*88
89%
200
1,100
12,900
82%
64%
" :
/-
>
-
30%
82 V2
23 »/2
*7'/8
3Vb
American International Corp.No par
American Investment Co of 111
1
20
;.30%
82 Vz
23%
•
Foreign Power corn—No
American
12% May 13
13%
303/4
*81%
64
Nopar
6%
89%
30%
82%
36%
9%
32 ", 32
101
101
20
Encaustic Tiling.,
American Home
May 10
79
30%
82%
101%
36%
9Vb
100
" 1,500
.
293A
29%
10
preferred
6%
89y8V
.
28
28%
29%
23%
92
10
com
STOCKS
American Hide
May 11
273/4
V
82 %
10b
American Hawaiian SS Co
5
8
/
283%
29%
■42
'
$7 2nd preferred A
20
17
281
82%
3%
101%
$6
4
47% Jan
-
5
'•
10
preferred
$7
6
31
4'A Jan
5,
Amer &
4
Jan
37% Feb
3
3
Nopar
com
American European Secur
American Export Lines Inc
8
'
*16'A
>
■
.
''
American
17
•"
*3 "
37
'
*8'A
No par
'■
5
16%
60
176
-
28%
*65 4
1
EXCHANGE
Apr
58
.
Mar 21
3% Jan
Jan
Jan
53
Dec
35
'•
s
*16%
*27%
28
100
6%
;
"
Distilling Co
NEW YORK
•
2Vb Jan
3
35%
17% Jan
3
Dec
37
6 Vb
'
16%
27% '
*88
176 :
,
27%
*23'/2
*
'
—100
$ per share
28
14 Vb Mar
42
;;
177
2,500
90
*63A
31%
4
n*37
;9
preferred series A-100 >
conv
Highest
t per share
$ per share
42
25
Chicle Co
American
V.':
Range for Previous
$ per share
3%%
106
7
800
20%
99
90
92
27%'
89%
75
20%
27%7
"
102
5
1
Nopar
preferred——No par
Colortype Co
Crystal Sugar
4% % prior preferred
American Cyanamid Co
'
*88
4,400
'
*31
*37 1
*35%
1
Inc
American
14%
non-cum
*16'A
487/b
*97
27%',
"
7,100
82
-"29%' 297/a
1 63Vb ' 64
American Chain & Cable
5%
99%
176
90
2%
73%
20 3/4
176%
400
„
48%
73%
*6%
3,800
•
,
2%
99%
*90
3%
15
"
2%
20%
7
6,300
67
67
73
92
100
23%
*14%
483A
*6%
46'A
105
3%
y
23/4
46%
i
'
;88 """89%
" 82
3%
20%
16%
16%
23
68%
72%
175%
27%
46 %
*100
99%
177%
27%
*101 '
-
.100
:
Co
preferred
American Car 8c Fdry com
7%
preferred
110
16%
27>A
27%
27%
■V
.1
com—No par
1%
22% Mar 30
16%
27'A
-3%
10
Amer Cable & Radio Corp
American Can Co common
Jan
104 V*
«
#3.
'
100
common
American
7
176%
(
99
*90
•
7
1,800
1
1
7
11
178'%
92
*6%
v
29% ' 30
1
;
50
3
Jan
*90
7V8
178»A
32
:
3% Jan
33% Jan
," 89%
*88
,
■'
*31
common
10% Jan
82
93
*6%
11,700
IVz
7%
*
t
20%
4
100
19'A
19
46%;-
72%
20%
100
29y8
•
14%
-
40 y2
"
10
29
73%
20%
*99%
•14%
*67
2%
2%
23
1,600
100
4
*28% 1
*40
i
105 I-
■0%
14%
68%"
46%
46%.:
*72
■
21%
100
*90
"
16%
•'
preferred—
11
May 13
20%
*99%
-
46%
1
73 Vs.
*72
2%
2%
..
<
16%
*18%
*
463/4
-
2,300
-
Jan
20
2%
46%
23
*100
:
v
3%
14 Vz
*67
'
*46%
23
105
3%
14%
66%;-
2%
*
27,*■ ! 27lA
-;;27%'27%
No par
1
common
conv
Brake
3%>
3%
14 VB
66 %
46
1
22%'
*iooy4
14 Vst
<
82
com
Jan
Jan
*16%
3'A
45%
*46%.
•>
68
7
178%
1
23
105
*14
-
American
4%
178%
Chemical_No par
Airlines
cum
preferred
Amer
3'A
46%;,
22%
*100%
105
*7%
*66
-
;7
-
23 Vb
*100'A
18
18%
600
44%
1
American Bank Note
6%
93
7
•
*81%
preferred.^.,
50
Petroleum Corp——No par
Agricultural
3Vb%
14
-
21%
*
convertible
American
22%
v
73 '/2
100
;
Alpha Portland Cement—
Amalgamated Leather Co
Amer
7%
-r
100
*90
,.
'
7%
*46 V\
18%
'*
—Nopar
Corp common—No par
preferred
:
1.100
4%
Mar 30
177
68
*72'
*21'A
*99%
"
17%
7%
14 y2
*66 "
par
gtd—100
35
172% Mar 17
*14'A
4
No par
3
Jan
74
preferred
2
Jan
28
2%
46%
104
21
6"% May
81
2%
conv
17%
7%
7 *46'A ' 46%
3%
46%
Allis-Chalmers
10 Vb Mar 29
7% May 12
3%
1
Amerada
66Vi Feb
;
23 Vb
105
common—J
Allied Stores
31
19
23%
*100'A
5
common-—;
17%
77/s
.100
Allied
-24% Mar 31
3
.NO par
17%
46%
:
10
'J
' 3
•
w W— J
Apr 18
40% Jan 25
3
Jun
Inc—
Vicksburg Ry„—100
Gold Mining
10
preferred
$4.50
64% May 11
100 \ Apr
8c
'7%
*46y4
.
>.50
Allegheny Ludlum Steel Corp_No
106
3
'
Equipment com!
18
preferred A
.100
$2.50 prior conv preferred-No par
6
62% Jan
92% May
18% Mar,,.
29
-
Gas
preferred
Reduction
17%
5%%
20
4
10% Dec
-
Jan
20% Jan
43% May
111
Jun
3
•
3% Jan
'
6% Sep
5163 %
Apr
Corp
Allegheny Corp
31% May 10
i
3
34% Jan
10
•
3
Jan
89% Feb
Jun,,
m
76'A
-
68
-
'
*
*40
29 Vb
82% May 13
18% Mar
;
40%
*28%
4%%
30% May 12
:
NOV
31%
*40
29
Allied Mills Co Inc
90
Nov
34 y2
103
18%
40 Vk
2
3
i
€Yb
r
18%
20
2%
44
29
Alabama
29% May 13
25
19
44%
40'/a
Allied
<8
18%
44 Va
18%
1
77% Jan
44%
6,300
80
2%
29'%
Allegheny 8c West Ry 6%
83% Jan
44%
2%
40%
Allen Industries Inc.
25% Feb
98 4
44%
2%
*
*40
10
Jun
-
2%
Shares
40%
*76
*29
17
Feb
*2%
44%
45
2%
80
*18%
28
'
2%
the Week
40%
403A
18%
18% Feb
3
'
44%
40%
*76
29%
Air
188% Jan 24
25% Feb 25
45
2%
75
40J/2
Mar 12
Jun
»
3% Nov
58%
25% Jan
2Vz
40%
73
'.
*40
8% Jan
Mar 28
2%
'
40'A
72
*29Vb
93% Feb
16% Apr 29
*2%
45 '
-
*70
*18%
$3
2
42% May
91
Dec
47
Jan-
•
72
40%
tslM far
t per thare
'
'
Inc
50
Mar
73
83%
'
174
May
*70
40
Friday
May 13
$ per share
'
Affiliated
May 13
27% Jan
7
4
72
40 Vi
'
*
May 12
;
75
104
40
Thursday
1
48% May 13
May 13
6% May
34% May
*
'
4
90
Apr
Jun
I 31 Yn Majr
*25
-
24
20% May 10
May
Dec
81
■
64% Jan
May
.96
11%
26%
:•
May
34
Dec
25%
!
75
109
Dec
40
-
«
Corp
Aldens
3
$ per share
^
No par
4
25
Wednesday
May H
$ per share
f per share
*70'
-2.50
Express Co—
2
70
May
Co
\'
PRICES
Tuesday
May 10
May 9
40
-
10
3
15
25.
.5
Juneau
14
Mar
new—;
Co
Alaska
3"% Apr
15% Mar
3
40% Feb
Dec
25
■>*
2% Feb
3:
Monday-.
S per share
No par
Motors
Steel
Admiral
46% Apr 20
23% May 5
100
Mar 30
9
.
LOW AND HIGH SALS
Saturday
May 7
Addressograph-Multigraph Corp—lo
"
16%
5
Apr
Jan
4% May
Oct
Mar
7%
13% Feb
64
58%
Dec-
90
3
Dec
Feb
100
May
21% May
80% Jun
Nov
"37
'
4% May
-
Dec
65
26
21.
97% Mar
Nov
2%
41% Adt
,
5
18% Jan
108
"
Laboratories
Abraham 8c Straus
May 11
35J
•
Abbott
3
49% Feb
2% May 12
44
_
Par-
,
Apr 22,'
4
'
S per share
38
...
EXCHANGE
Highest
'
I per share
17
85
86
*85
90
12%
500
123A
600
17V«
t
400
6,700
'
21% May
12% Nov
72%
Dec
94%
•
Dec
6
•
5%
Jan
76
11
Amer Mach 8c
14% Apr 12
81% Apr 20
3
5"% May 11
3.90%
22% Apr
29
30% Jan
19
Dec
96% Jan
4
101% Apr
14
5% Jan
3
6% Jan
22
American
Feb
8
34 y2 May
3
American
8%
Jan
Feb
35 1
Dec
6%
Feb
11%
Jun
7% Feb
25
10% Apr
80 Vb
Nov
83% Feb
11
94 Vb Apr
14
69'A
Nov
95% May
86% May
Feb
79% Apr
14% Jan
14
12 %
4% %
162% Nov
70% Feb
6%
Dec
12%
Feb
28
22
169
Jan
16%
10
11% Apr
167s May
v
Jan
176
■
Oct
38
'
Sep
46%
139
Feb
31
Nov
10%
Dec
54% Mar
Oct
131
46%
Feb
115%
Nov
6%
Dec
*33%
Nov
*£>ec
90
76% Mar
x5%
Dec
51
Nov
•
Jan
-
68 y2
Jan
Mar
71% July
120
8%
Jun
5%
24%
24%
24%
100%
100%
100%
100%
100%
6%
*6
*34
No par
10
10
No par
90 Vz
90%
91%
91%
$5 preferred
No par
Amer Rad & St San'y com—No par
7% preferred
100
79
79
79
79%
12
12
12
12 VB
11%
*170%
172%
*170%
Power
&
Light
com
preferred
$6
»
11
*39'A
39%
*39%
39%
39%
39%
39%
44%
44%
44
45
43%
44
147%
146%
147%
148
148 %
American
6%
8c
Snuff Co
4
9
Jan
7
American
American
Foundries—No par
Stores Co
No par
American
Stove Co
37% Jan
10
30
126% Jan
17
28
18
preferred
Nopar
American Sugar Refg common
7% preferred
Jan
6
American
150% Jan
5
135
145
Jan
63
Jan
7
119% Feb
14
1 j'g
49% May 10
X117% Apr 18
3
7
Mar 16
May 13
68% Mar 23
3
24
8% Mar 30
38% Feb
.
17
91% Mar 11
80
Jan
4
6% Jan
7
57% Jan
24
Rights
common
preferred
American
5%
Am
—
Tobacco
Water
American
7%
Works
Co
Wire
5
Anchor Hock Glass
Jan
Jun
46% Mar
60%
Jun
18%
36 Vb
Jun
14
3
25% Jan
99% Mar 29
Apr
Feb
8
Mar
4
Dec
50% Apr
18% Feb
6% May
For footnotes see page 28.
32% May
105
Mai
2
2
55% Jan
27
24
23% Jan
7
8% May 13
2% May 2
10% Jan
12
4% Jan
5
23%
23%
23%
23%
23'%
*23%
*8'/2
1 h
67%
*140%
$5 prior conv preferred
$4
Anderson,
Andes
100
•
79
12
172%
7%
20
"
■,
3,500
9
34%
125
18
142%
l'A
*8%
9
9
*8%
36
125
18
*17%
18
1
68
142
32
68
142
141%
IJ2
68%
142
38%
39
*140
38%
38%
400
10
233/4
24'A
24%
26%
2,000
8%
8%
17%
18
17%
IVb
67%
13*2
67%
143
50%
119
8 Va
141 %
.
1 Ja
67%
144
36 Vb
122
18
800
2,000
400
141%
1 3*2
Ifr
68'A
8%
36%
123%
18
141%
144
8%
36 Vb
123%
"
141%
49%
38%
142
23%
141 Vb
118%
370
1,800
36
50%
148 y2
24
122
119
147%
149
1,400
142
36
142
5,700
:
24
122
68 Vb
90
44%
*140
36
142
39%
43%
23%
1 3*2
1 Vb
63
142
39 r
233A
122
18
29
24
142
141%
141%
i
f
:
43%
,
36
*121%
141%
8%
148
125
36
35%
*121%
43%
>
29
-
68
-"
343
49%
50%
50%
118%
118 V*
*1183/4
18
1,000
141%
15,700
1ft
133,200
5,100
68 3A
144
50%
119
150
7,800
320
73/t
73/,
7%
2,100
26%
27%
26%
27 V*
6,400
86%
*84%
86 y2
70
*66
71
73/,
7%
7%
7%
7%
26%
26%
26%
88
87
87
*84
87
*83
86%
70
*69
70
*69
70
*69
70
70
5
*5
5%
*51
51%
27%
51%
51%
1,200
27%
28%
27,900
28
28
28
*5y8
5'A
5
5%
7%
7 3A
26%
26%
5
5
..25
52 Vz
52 Vz
50
28%
28%
28
28%
273A
No par
28 Vb
28 Vb
27%
28
27%
32
*31%
32%
*101%
103
101%
101 Vz
51%
52%
*50%
51%
IVb
26%
5
51%
7%
27
51%
28 Vb
.
273/8
27%
28
27%
28
*84
27%
*27%
32%
5
32
5 Vb
32%
*31 'A
Nopar
*101'/2
21%
*51'A
52'A
*51%
52%
*51%
52V*
*51%
52%
*51%
52%
*51%
19%
19%
19%
19%
19%
19%
19%
19%
19%
19%
19%
19%
*9
10V2
*9
10%
*9
10 Vb
*9
10%
*9
10 Vb
100
100
1,100
830
52%
lo
.20
Clayton &
Copper
'
Corp com—12.50
preferred
Anderson-Prichard
A P
Cable
35
26%
*69
Copper Mining
38%
*23
141%
5
*38%
*140
23%
$4 conv prior preference—No par
Lead & Smeit com
1
Anaconda
107
387/b
142
23%
*17%
Amer Zinc
Anaconda
Sep
38%
*140
23%
34%
-
39
141
141
24
*121 %
25
*38%
23%
*87
7
Oct
-
39
142
146%
24
100
common—No par
8
98
40
*23%
100
&
*39%
49%
35y4Jan
7%
29
118%
35% Jan
13
7%
7%
50%
51% Apr 29
27% May 12
11%
*170%
28%
118%
27% Apr
*78
"
«
12
7%
50%
41% May
79
172%
28%
118%
45%
1,500
1,700
15,700
28%
51'A
Feb
91%
X7%
118%
Feb
91%
7%'
50%
30%
91V2
28%
*118'%
Inc
11,800
7%
100
preferred
10%
28%
common__l4
—
Woolen
*38Vz
*140
100
100
Viscose Corp
preferred
*146%
5
Tobacco
—
American
6%
Sumatra
45
100
American Tel & Tel Co
30
25 %
100
Steel
141% May 11
1% May 10
3
60% Jan
21
Jun
25
com
May
non-cum
100
10%
11%
149
Mar 31
220
6
6
,
'
Refg common—No par
preferred
100
7%
102
*101
6%
200
1,500
10%
*170%
393/4
45%
25
Apr
12
No par
Smelt
102
170
5%
25
; *34%
78%
79%
7%
.7%
79%
*5%
24%
34 %
91
170 Vz
28%
31% Feb
5
11%
7%
26% May 13
12% Jan 13
6
70
*78%
170%
*28%
120% Apr
xl6"% Feb
Jun
12
172%
'78%
.t
9%
91%
29
28
112% July
79%
79%
91
7%
39
Mar 31
91%
*6
79
34%
97/8
*28'/2
141
6% Jan
90%
9%
*101
,
6%
35
5
3
83
97/B
101
Nopar
5
Jan
9%
*6
*34
American
23% May 10
8 % May
*170%
10
35
American
10
Jan
9%
6%
*34
4
154% Jan
34% Jan
172%
*6
6%
35
*77%
5
Am
130
100%
34%
Amer
<•'
5%
24%
*6
7
25% Apr
May
5%
24%
*34
3
Apr
67
5%
24%
6
May
8
4
Jun
8%
6%
24%
X29 % May
8
56% July
104
*5%
24%
1
41% Feb
Feb
Jan
144
*5%
Nopar
56% Jan
Feb
21% Jan
Jun
7
25
78%
6%
24%
Co
11
38
142
Apr
158%
Feb
*78
79%
*5%
News Co
43% May 12
.
Jun
41
May
131% July
20"% May
175
78%
*78%
No par
Safety Razor
Seating Co
Amer Ship Building Co
24%
Dec
Feb
16%
140
6% Mar
23% Jan
27
116% Mar
147% Mar
Jun
Mar 31
35%
Dec
34%
May
35% May
•
25% Nov
21
Apr
1
163%
Mar
125
46
68
Mar
.
preferred
Molasses
13
com.Nopar
*24'A
100 " *100%
American Metal Co Ltd
13
32
13%
No par
100
com
preferred
July
98 4
Dec
Pdy Co
Amer Machine & Metals
7% Mar 14
35 ;
Dec
93
Jun
10% May
24% Mar
29
12% Feb
Oil
Co
Corp
Mining
W Products Co Inc
5
*2%
32 Vz
103
3%
*2%
3
2%
2%
32%
*102
*2%
32%
103
3
*102
*2%
32%
103
3
*102
103
1,000
10
2,100
8%
8%
300
3
3
200
THE
(2110)
COMMERCIAL
share
Nov
23% Nov
Dec
6%
106
88
Jan
Nov
99
Armco
95
7% Jan
8
77% Jan
Co
Illinois
of
99% Feb
4
110% Jan
3
Armstrong Cork Co
$3.75 preferred
$4 preferred conv
15% Jan
5
Arnold
9% May 12
13% Jan
11
4
May
11% Feb
28
May
95
27
July
87
Apr
49% Jan 2i
14% May 13
103
24%
24%
89%
89%
Constable
5,
com
No par
*40%
No par
*94%
107
Artloom Carpet Co Inc.—-No par
*9%
Associated
Dry
Corp
common—1
14%
—10o
Goods
Jun
30% Feb
14
36% May
1^
105% Jan
7
103% Jan 24
1st preferred
Atch
Feb
120%
Sep
87% Feb
96
Mar
107 %
Jun
98% Feb
26
19% Jun
62
July
64% Dec
12
Feb
24
15
Jan
7
36
Feb 25
47
Jan
7
Atlantic
53
Feb
67
5%
23%
24
24
24%
24%
24%
24%
89
87%
89
88
88%
88
*35
'
5%
51
40%
5%
-
40%
95%
15
*14%
10
9%
-107
*14%
9%
9%
15
9%
:
*35
40%
5%
53%
3,400;
41%
3,400
95 %
190
41%
41
95
95%
*106
107%
95%
107
14%
*14%
6%
9%
0%
14%
xl3%
x96%
96%
96%
96%
91
*88%
90
90
9c
35%
36
36
89
35
35%
14
14%
14%
;
20,000
130'
107'/<
*14%
97
35%
240
5%
53%
14
13%
1,500
10,400
5%
97
91
30%
53%
5%
52
*90
14%
96%
*89%
<
95%
•95%
*106
15
5%
53%
40%
40%
>
95 %
106%
'
5%
52'A
52
40%
95 %
14
" 35%
Shares'
88
96%
-—-10
Week'
the
24%
*88%
*0%
90%
96 %
15
9%
1,100
-
14%
7,000
96%
;.
4
90
*88'
36
38%
36%
600
100
1,200
88%
89
88%
88%
88%
88%
88%
88%
39%
99%
99%
98%
99%
*98%
99%
p8%
98%
98%
98%
12%
38%
12%
12%
12%
12 Va
12%
12%
*12%
12%
12%
12%
600
38%
38%
38 %
38%
38%
38%
38%
38%
38
38%
2,000
65
65
65
*62%
64%
*62%
64%
64
64%
64%
65
85
*81
89%
90
__100
*99%
100
10
preferred
• non-cum
30%
106%
97
*89
A T F Inc
29%
107
14%
*95%
Topeka & Santa Fe com„100
84
29
*14%
100
find preferred
Associates Investment- Co
30%
28%
5%
,
Sales for
May 13
$ per share
28
53%
40%
10%
Friday
May 12
$ per share
89%
107
15
Thursday
<•
t per share
24%
*94%
95
107%
May 11
f"
27%
%
5
40%
$ per share
28
52%
5%
54%
*14%
6%
12
5%
No par
.
*27%
28
54%
No par
com,.
7%
Apr
98% Jan 27
24
24%
89%
5
21
Jan
10
100
$6 conv prior preferred
May 10
$ per share
*27 %
preferred
28
35
Jan
&
t per share
Monday, May 16, 1949
JA>W AND HIGH SALE PRICES
Tuesday
Wednesday
May 0
No par
Corp com
Apr 18
13% Mar 1
39% May
94% Apr
106
87% Dec
Armour
10
19
Dec
Steel
4conv
3
7
111
12% Mar
Feb
May 10
106
17% Aug
41 % Dec
28
27% Jan 26
5% May
% Jun
115% July
18% Jun
13% Dec
98
Arcber-Daniels-Midlai'd
51
Jan
56% Jun
41% Feb
103
30% May 13
15y8 May
Dec
68% Dec
CHRONICLE
Monday
May 7
Par
87% May 11
32% Oct
101% Jun
89
Saturday
share
26% May 2
23% Feb 24
34% Jun
24
S per
( per chare
STOCK
EXCHANGE
Lowest
Highest
t per
NEW YORK
Range Since Jan. 1
Highest
Year 1048
t per share
FINANCIAL
STOCKS
Ku|« ft Previous
Lowest
&
*12%
■
4,300
1,200
■
.13% Dec
44%
Dec
25%
Jan
Dec
Sep
Feb
81
30
102
Feb
114
May
91
Feb
99
Feb 14
77
33% Feb 24
106% Feb 14
Jun
66.
50% July
48% Aug
99
64%
114
Sep
20
Oct
4%
Apr
Jan
.
XI1
4%
.19
4
Jan
Feb
100
7
18% Apr 23
4% Feb 25
(9% May
16% May
Dec
NOV
6%
6
20
45% Apr 27
24% Jan
Dec
12% Nov
94% Jan
25% May
Xl9% Nov
7
13% Feb 11
.5% May 10
19% Jan
Jan
11% Jan
5'
Mar 18
94
Jan
7
5%
Jan
4%
conv
Jan
24
17% Mar 10
Conv
Avco
Jun
37% Apr 29
44% Jan
10
$2.25
13% Jan
3
10% Feb 24
8% Feb 24
14% Jan 15
Babbitt
12% Jan
7
Baldwin
11% Jan
7
Baltimore
16% Feb
22% Jan
7
46
No par
35%
36%
108%
108%
98%
*97%
98%
97%
97%
98%
98%
97%
21%
21%
21%
21%
21%
21%
21%
21%
46%
46%
46%
46%
46
46%
47
47
21%
47
105%
*6
*104%
20%
*18%
*18%
*
106
*
• "
20%
104 %
35%
108%
109
*104%
106
*18%
86
86
86
35%
35%
109
*18%
20 %
6%
6%
*13%
14%
*13%
14%
5c
*5%
5%
*5%
5%
5%
Amer
5
*14%
*14%
14%
*14%
common
3
6%
6%
6%
6%
6
No par
Co
*38%
38%
38 %
38
38
37%
of
(The)
86%
97%
21%
*97%
85
par
-
preferred
conv
85%
36%
*104
common-
Mfg Corp
7
85%
36%
*108%' 109%
100
No par
Automatic Canteen
*62%
*46
1
_!
Co
38
No par
prior pfd ($1.20)—-No
Autocar
16% Jun
35% Jan
Corp
Nichols
Austin
7% Jan
.6
Oct
__10o
__25
preferred
Atlas Tack
6% May 5
15
Mar 24
May 10
7%
Feb
preferred--
Powder common
Atlas
20% Jan
8
non-cum
conv
preferred series A__ 100
Preferred $3.75 series B_„_
100
Atlas Corp
5
Jan
106
RR
Atlantic Refining common
4%
98% May
23% Apr
58
Line
—N6 par
Atl G & W I SS Lines common
1
Mar 18
39
109% Feb
Coast
6%
15
*38
<
6 %
6%
*14
6%
14
14%
36 %
109
105
20%
6%
14%
*84
86%
500
590
86%
36
35%
36
35%
*108%
109
108%
108%
97%
97%
21%
21%
46%
47%
104
-
*18%
6%
*18%
20%
6%
1,400
340
130
20
6%
*6
*13%
14
14
90
"
104
104
104%
5,700
170
600
14%
600
*5%
15
5%
5%
5%
*5%
5%
14%
5%
14%
*14%
14%
14%
14%
500
6%
6%
6'A
29,500
6%
6
6%
37%
6
*37%
38
38
38%
700
300
14
2,200
B
13% Feb
11%
Dec
*
Mar
10
15%
Feb
13% Feb
Feb
60
40% Nov
X20
Dec
36% Nov
31
Feb
9
Nov
15% Dec
30% Dec
80%
Sep
16% Mar
69
Dec
80
Feb
17% Jun
16% July
29% July
24
14 %
Feb
107/s Nov
Mar
13
Apr 29
49
Jan 10
13% Apr 12
17% Jan 20.,
32
45% Dec
16% Mar
23% Jan
Jan
42% May 11
4
6% Feb 15
43% May
30
Jan
4
Brothers
4%%
Beatrice
Oil
Foods
3%%
20% Jan
8
pfd
Beaunit Mills; Inc
Jan
69
5
75
Feb
3
Beck Shoe (A Sj 4%%
7
10% Jan 21
34% Apr
37% July
34
22% May
100
Mar
20% May
19% Mar
94
May 10;
Beech
Aircraft
32% Feb
Beech-Nut
xl2% Apr 28
10% Feb 14
16
Feb
1
13% Jan 12
Bell
Aircraft
13 % May
6
17
Feb
Bell
&
92% Jan
8
98
Mar 21
30
May 9
6% Apr 13
21% Feb :24
26% July
87% Mar
102% July
73% Jan
93
30% May
37% May
4
Jan
5
23% Feb 11
25
May 10
18
39% -Oct
28% May
Year 1948
11
7
Bendix
24
Jan
5
Beneficial
78
Feb 15
98% Apr 26
26% Jan
7
Home
Indus Loan
25
Nov
25% NOV
92%
Oct
15% Mar
8%
27
Dec
Feb
1
&
7
54
Jan
7
91% May 11
96
Mar
5
1% Mar
9
2% Jan
42
31% May
2
35% Feb
6% Jan
3
25 % Jan
5
24
13
17
8% Mar 30
47% Jan
10
9% Apr
16
Jan
7
May 7
28% May 13
37% Jun
29
33
Jan
6
14
103
Feb
16
Jan 10
Bon
Ami Co
Class
class
3%%
120
x8
Mar
75
July
65
Feb
17
Dec
40
Feb
14% Feb
Feb
8
16
% Feb 11
17% Mar 14
124
Mar 19
9% Mar 30
60% Jan 31
23% Feb
27% Mar
62
Jun
Dec
6
Dec
21% Dec
0
Nov
101% Nov
87% Dec
10
July
36% Jun
8
40% Jun
54% Eep
3
May
8% May
31% May
JL5% May
*19
Jun
Feb
May
6
21% Feb 25
9% Jan
*7
Feb
2
82
4% Mar 30
.24% Jan 27
104
Jan 25
26% Jan 24
30
36% Jan 26
58
Feb 28
May 2
!•% Apr 26
3% May 3
18
Feb
9% Jaj>104% Jan
Mar
Mar
<47% Deo
40% Jan
16% Jan
11% Mar
For footnotes see
.page 28.
241/2
24%
26%
26%
29
29%
28%
*130% 132
*25%
26%
131'A
131%
13074
*2574
"26 3A
25%
*10 7a
10%
10%
10%
25 3A
26
29
25
*
28%
10
24%
25%
28%
25%
130%
2574
130%
x24%
10%
1074
28%
2474
25%
29
13074
257a
24%
100
25%
2874
25%
29%
28%
130%
130-%
*130-%
24%
1,800
26%
2874
3,600
31,000
,
132
400
25
24%
25
2474
24%
1,700
10%
10%
10%
10%
10%
1,100
Monday
Tuesday
May 0
Wednesday
May JO
$ per share
$ per share
*26
27
*26
26%
26
14
14
*14
14%
13%
10
10
10
10%
10
$ per
26
share
26
26
14%
14%
14%
10
10
10
Friday
Sales for
May 13
the Week
Thursday
May 13
May 11
$ per share
S per
26
X13%
10
Shares
share
S per
26
25%
137s
13%
13 7e
1,400
10
10 *
10
2,400
share
600
25%
300
11%
11%
*10%
11'A
35
35%
37
37
*37
39
21%
21'A
2 l'A
21%
21%
21%
3,600
5
24%
24%
24
24%
24%
24%
24%
24%
24%
25%
25%
3,100
57'A
90
24%
410
*10%
11%
*10%
*57
58
*57
58
57
57%
*57
58
57%
57%:
25'A
57'A
No par
1
26
26
*25%
26%
25%
253/8
*25 %
25%
24%
25%
24'A
__15
130
2,700
7,600
91%
*90%
93%
*90 %
93%
200
(assented)-100
*1%
2
*1%
2
*1%
1%
1%
1%
1%
33
32%
32%
*32%
33'A
7%
7%
35%
*7%
7%
7%
7%
*34%
36%
34'A
34'A
33%
*32%
Airways Inc
2.50
Browing Corp of America..
15
Bridgeport Brass Co
No par
Briggs Manufacturing
„No par
Briggs 6s Stratton—
.No par
Bristol-Myers Co common
2.50
3%% preferred .1
100
Brooklyn Union Gas
No par
Brown & Bigelow
1
7%
7%
7%
Co
Braniff
Inc
__15
common
*35%
*7%
26%
24
7%
*24
30
*101
29%
29%
29
29%
10
10
10
10
*30%
31%
98
*95
*19%
19%
30
*30%
*96
*122
9
15%
15%
67%
31%
31%
No par
5
*14
14%
31%
31%
Burlington Mill? Corp common
1
4% preferred
.100
3%% conv 2nd preferred.—lOO
14
J.4%
77
77
*71%
75%
73
15
14
1
JBJdg 7%
.8%
preferred—100
*105%
8%
7%
7%
7%
1,000
24'A
24%
6,100
24 '/a
24%
400
c24%
29%
28'A
28%
101'A
101 "2
101%
30
x29
2,100
.
350
29
29%
29 >4
29%
29 'A
29%
5,800
10
10
10
10%
10%
10'/a
<3,200
*30 %
8%
66%
15
95%
*19
14%
*122
*10%
31
30%
*05
98
*05%
98
19'A
*19
19'A
200
15%
157 a
12,200
12174
12174
19%
15
19'A
15%
15%
9
67
9
66%
122%
122
9%
9
66%
66 :A
122
9
6,600
66 'A
*66
*29%
66
190
87%
88
200
14'A
600
31%
x30
30
*29 %
30%
*86%
87%
*,86%
87%.
14%
32
32
14%
14
*31%
14
32
13%
31%
*14
14%
31%
14 %
70
x3%
87%
14%
14%
50
9%
31
31%
30%
.
122%
*85
141/8
100
31
95%
31%
14
150
36%
25%
87%
31%
300
1,200
10
14%
67%
14%
500
30
31%
31%
1,100
14%
14%
5,700
14%
14%
14 'A
78
*76
78
78
78
*77
79
*77
*71%
75%
*717 s
75%
*71%
73%
*72
74
<72
74
*68
73
*68
73
*68
73
*68
73
*68
73
14
*14
14%
108
*34
400
7%
29
*122
9
14
14%
14
14'A
14
14%
14%
14%
79
30
14'A
5,700
""
-
Bush Terminal
7%
32
101 %
19'%
*85
32
32
2
101%
29%
98
*76
*68
24%
*1%
*101
31
122%
24%
7%
25
:
10
*95
31 %
87%
*2 r
24%
30
101%
*19
67%
*85
8
26
*30%
8%
67%
*7%
25%
32
<
287b
-
31%
122%
9
7%
26%
98
14%
122%
29
101%
2
19 %
19%
pfd—100
preferred
__100
Burroughs Adding Machine.-No par
*24
101%
5
3% %
7%
26
24%
30%
joo
Inc...
*35
26%
101%
No par
1
7%
26%
8
*30
common
^Nopar
35%
35
26%
24
7%
*101
common
preferred
38
*91
8%
8%
108
*106 :
8 %
*105%
8%
8%
8%
108
105%
105 %
7
67a
8%
*105
8%
8%
106%
*105
8%
3,400
106%
30
7%
3,600
'
52
37% Jan
7
19% Feb 26
100
44
May
xl9% May
:19%May
14% Mar
38
4% May
25%
91%
77
27% July
*24%
91%
77% Jan 25
105
25
91%
73
Mar
24%
98
93
71% Apr 21
2% Mar
24%
76%
*96'A
*91%
Jan
16
2,200
*75%
.
^100
Jun
98% Jan
97%
'2,600
88
May 12
*96%
17%
100
62
76 %
97% V
44%
72% Dec
Jan
*75%
*96 %
41%
Bulova Watch Co
89
77
98
17'A
7
Dec
*75'A
*96 %
44'A
11
73
76
98
41%
Jan
15% Jun
77
*96'A
17'A
92
6% Dec
*751/2
98%
*32%
Bush Term
2374
23%
23%,
77
*96%
44%
18% Jan
4
2374
*75
-
41%
36
7
8,100
43%
77
Feb
7,600
7'A
41%
13% Apr 19
8% Jan 26
23%
3174
4
7
7%
167 a
31% Feb 23
16% Jan'
23%
23%
30 3
31
16%
Jun
121
23%
30%
,7
44%
24% Jun
8
23%
7%
7
41%
97
13% Feb
7%
16%
Mar
.7% Feb 26
105% May 11
6% May 5
30 '/2
7
43%
16% Dec
Deo
30'A
30
7%
41%
81
17% Jun
10% July
30%
30%
16%
Buffalo Forge Co
Buff Nleg El Corp 3.60%
Bullard Co
114
30
1,000
95%
41%
44%
13
Feb
30%
900
14
14
*93%
16%
17
Mar
95 %
43%
Mar 29
2% Nov
14'/4
*93%
41
Jan
12%
*14
96'A
41%
Feb
70
13%
13
13
13 %
13
13 %
x
7'/a
12%
13
*93%
13
16%
15
10
300
44%
91%
34
Feb
13
16%
91
6
*12%
44%
25
Apr
13
X41%
27
Apr
13
16%
Apr 26
12% Feb 15
77
13%
44%
86
Feb 10
13
42 %
Jun
7
137a
16%
00% Jun
May
1,200
*30
44%
21% May
43% Jun
Feb
35
14
25
10
*34%
96%
76
1,200
30%
34%
*95
23%
87a
*29%
'34%
32
96%
23%
87a
8%
31
3474
14
14
*8%
34
42
12%
29%
13
8%
*30
35
5
78 % Aug
Dec
13
14
8%
40
32
*95
5
$5
*12%
3%
93
—No par
A
Bearing
Bucytfis-Erle Co
7% preferred
Budd (The) Co
341%
.
93
21%
Brown
11% May
23%
3%
*30
95
,
2,400
34%
$3.60 preferred
tNopar
Brunswick-Balke-Collender —No par
24% May
30
2,200
20%
4
124% July
800
75%
42%
*32%
8
Nor
13%
*73%
42
*10%
99% Apr
Sep
7% Dec
*12%
76
42
11%
preferred
Co
13%
*73
42
21%
;
Shoe
*12%
76
42%
35%
22
Apr
13%
*74
2,200
41%
3,600
11%
31% Jan 10
6
*12%
14
21
x29% May 5
10% Jan 21
Jan
13
76
13%
*32%
3
18% Feb 16
13
¥74
13%
11%
3
95
*93
13%
35%
Jan
29% Mar 14
95
13%
21%
18% Jan
33% Aug
Aug
*93
12%
13%
11%
Sep
9
94
44%
12
21%
98
12% July
94
43%
11%
12
*33%
Apr
Jan
41%
43%
%
5
Inc
Roller
13%
39%
11%
No par
Brass.
Boston & Maine RR
Bower
*39
x43
96%
7'/a
39%
*39
39 %
44%
11%
—2.50
B
Stores
par
l
Borden Co (The)—',
Borg-Warner Corp common
42% May
3?
7
600
LOW AND HIGH SALE PRICES
No par
7
3
30%
13
16%
43%
13%
:
1,600
16%
•
41%
41
13 '/a
13%
13%
Par
Bond
Jan
*12%
*1274
20
40%
12%
35
13%
*13
3,800
67
*65
43%
39%
*13%
31
*34%
19
19
19%
67
12
8%
31
34%
34%
*95 ~
10
8%
8%
31
19
*65
43%
75
'
*39
20
67
19%
20%
*39
13 %
74%
10
No
5
7V4
13
77
8%
:v
12
99
30%
/':7c
"f
Jan
23% NOV
65
■
16% Mar 30
42% Apr 21
23%
■''
32% Jan
66% July
May
5% May
101%
v
2
90% Feb
120
12
4
17% Feb
15
share
23% Feb
24% May 13
13%
*75
May 7
16% May
38% Mar
11% May
367/s Jun
34% May
*13
Saturday
64
7% Dec
x27% Mar
;
EXCHANGE
Bohn Aluminum
10% May
71
Feb
•*39
STOCKS
NEW YORK STOCK
18
Jun
16%
*29%
preferred
,-100
Bigelow-Sanford Carpet——No par
Birmingham Electric Co
No par
Jan
96
<16%
93%,
com—No par
27
56
16%
93
1
(Del)
23
Jan
16%
93
Bloomingdale Brothers
Boeing Airplane Co
96
16%
*91%
Foods
40% Jan
7
25% Mar 30
Jan
27% May
<44% Jun
16%
40%
7%
107/b May 5
33% Apr 26
20
Feb
7
•61
16%
39%
1946-No par
17% May
44% July
Dec
16%
40
33 %c
Bliss (E W) Co
Bliss 6s Laughlin Inc
Dec
16%
39%
com
12% Mar 18
13% Jan
8
Dec
16%
*13%
40%
25
*—5
14% Mar 30
30%
40%
14
Appliances
12% Feb 24
8% Feb 25
16%
40%
13%
Black 6s Decker Mfg Co
Blaw-Knox Co
57%
40
100
30% Jan
Apr 22
Feb 16
*65
40
14%
,
25% May 13
29% Apr
37% May
66
40
13%
common..
36% July
19% May
14% Sep
$ per
66
No par
10
26% Dec
t per share
66
40%
39%
Cum pfd $4 div ser of 1946-No par
Best 6s Co
l
Range Since Jan. 1
Highest
20%
44%
Co
Cum pfd $3.25 ser of
Lowest
Highest
66
40%
21%
12% " 12%
—1
Co
34% Mar 30
Jan
20
67
40%
*20%
1
Corp
Howell
20 %
*66 '
*40%
1
$ per share
Dec
3,200
___5o
$ per share
26
19%
44
preferred
Bendix Aviation
Xange for Previous
6% Nov
18%
*39
4%%
11% Mar 11
1% Aug
32% Dec
19'/a
.2.50
pfd——..100
,
Packing
31% Mar 21
42% Feb
18%
44%
Corp
9% Feb 25
37% Nov
18%
12%
Belding-Heminway
Jan
24% May 13
87% Nov
18%
39%
Creek RR
37
4
Mar 30
Beech
17
28% Mar 25
14% Jan
Dec
18%
12%
conv
Nov
22%
18%
*43%
common..
87% Feb 25
12% Apr 27
26% Dec
Dec
18%
.100
Co
Best
82% Mar
18%
5o
—
t
Bethlehem Steel
13
18%
5
:
Co
Bath Iron -Works Corp.:
Bayuk Cigars Inc__
2
19% nov
5,700
18%
—10
common.
preferred
Barnsdall
7
Dec
7,500
9%
3
3,
7
9%
10%
9%
4-1
7
30% Jan
Feb
10%
9%
Jan 11
39% Mar
Feb
33% Jan
*13
10%
<9%
37
Jan
70
136% Feb
Lowest
10%
9%
Jun
45
26
9
9
14
10%
9%
Barker
May 12
130% May 12
Mar
14
10%
9%
non-cum
139% July
37% May
30% Feb
125
14%
10%
9%
7
88% Jun
23% Feb
25
Feb
14%
10%
9%
21% Jan
21% Jan
Dec
14%
10%
9%
Apr 22
Feb
Nov
14%
10%
9%
16
9% Dec
86% Dec
14%: 14%
10%
28% Jun
24% Jan
68
14%
10%
,9%
1
3
19
May
103%. Jun
21
14%
13
100
—
Works
common
47% Jan
59
Dec
26
Inc
Ohio
&
65
Mar 18
39% Apr 22
31% Jun
60% May
90% Dec
14%
T)
Locomotive
preferred—
—100
Bangor & Aroostook common
50
Conv
5%
preferred——'—100
Barber Oil Corp
(Delaware)
10
8% Feb
32% Feb
4%
(B
Apr 18
1% Jan
7
6% Jan
6
22% Jan 10
12% Feb
4
109% Mar 21
4i
May 6
18% Apr 11
14% Jan
7
45
Jaif 24
Butler
Bros
common
4%% preferred
Butte Copper .& Zinc..
Byers Co (A M) common
7%
15
;
*7
100
:
*66
5
No par
participating preferred—.100
Byron Jackson Co
3%
22%
*100
7%
.67
3%
22%
101
*7
66
3%
7%
66
3%
67 s
64
3%
64
63
3%
3%
22 %
22
22%
*22%
100%
*100
100%
23%
22
*22%
23%
*22%
California Packing common—No par
5%
preferred
50
*31%
32%
*31%
*53%
54
Zinc-Lead
'
100%
No par
Callahan
•
54
32%
55
'*22%
32 %
*54
100
7
?63
3%
22%
100
23%
*22%
'23%
32%
32'A
32 »A
56
54
54
674
62
*3%
67a
G%
63
63
3%
3%
63
360
3%
1,500
23%
2,300
"
*22'A
*100
*22%
32%
*53 >4
22%
101 %
23%
22%
100
>22%
33%
32%
55
*53'A
100
60
23%
33%
55
^
1,200
.60
1
*1%
1%
1%
1%
,1%
1%
1%
l'A
l'A
l'A
1%
l'A
2,000
Calumet & Hecla Cons Copper.
5
Campbell W & C Fdy
No par
Can Dry Ginger Ale com____1.66%
$4.25
conv
preferred
No par
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
2,800
Canada
Southern
*19%
11%
*107
20
11%
11%
*19%
,11%
20
11%
*19%
11
20
11 %
11
10%
*106'A
107
107
*40
41
*40
41
*40
41
*40
40%
18%
*18%
18%
*18'4
187 a
41
12
12%
Cannop Mills——
*42%
43%
18%
T2
*42%
18%
19 %
20
11
108
18%
*
19%
*106'A 107
108
*40
No par
20
108
*18%
—100
11%
*107
Canadian Breweries Ltd——No par
Canadian Paoific Ry__L.
25
Ry -Co
*19%
108
40
1974
300
11%
3,400
107
20
40%
320
19
600
12 i/a
18%
.11%
12 %
12
12%
12%
12 'A
12%
12%
16,200
.43%
*42%
43%
43%
43%
*42%
43%
*42%
43%
300
*18%
Volume
169
Number 4803
THE
COMMERCIAL
NEW
Range for Prerlona
Range Since
'
Highest
$ per share :
$ per share
11
Feb
18
May
48 'ft
Apr
56
Aug
3%
Sep
100 ft
Feb
26 ft
30:
/
110ft
Dec
4
July
26% Jan
17
13'
Dec :.i
41%
Jan
29 ft Apr
Dec
19% May
12% Jan
43ft
35 ft
130
Dec
x50
6
May
52ft
i
Feb
Jun
Nov
68 ft
131
Feb
105
July
Feb
140
May:
123 :
39ft
.
Jun
Apr
Apr
16% May
16
Dec
18 ft
Feb
16
11 ft
Sep
22 ft
Dec
6ft
Nov
108
74
Oct
83
>7ft
Jan
39%
5'
14
80
Nov
Apr
7%
Dec
18%
12 ft
Dec
':
5%
5
Central
7
Central
21
Apr
15
May;
20
17% Feb
10ft Feb
11
Feb
;
Jan
23 ft May
17%
Feb
26%
Jun
20% Feb
90
Feb
100%
Jan
92
33
Dec
15ft
25 ft Mar
31ft
%
76ft Dec
..
4
Jun
30
Dec
6ft Apr
26
28 ft Jan
31ft Jan
3
Jan
79
Jan
7
85
9
•; July
4
Feb
14
9
Nov
14% May
12% July
9
Jan
Jan
Jan
9%
7% Mar
Apr
13%
Dec
33%
26
•
10/
1
,
preierred-.
24
10 ft Feb
49% July
29 ft Feb
24
40
25
11
Feb
Chic
33% Jan
15
Jan
St
A
P
&
5%
29 ft Mar 30
57
Jun
49ft Jan
20
55% May
Feb
42 ft
Sep
28 ft Feb
24
34% Jan
21
Jan
72ft
Oct
64 ft Mar 16
74
Jan
20
15ft
Oct
10
12% Feb
4
4
Chic Rock
Conv
RR
A
14 ft
Range Since Jan. 1
Highest
Lowest
$ per share
Feb
19 ft
■2ft Nov
May
14
■.
Feb
4%
Apr
Oct
63 ft
May
317
Feb
42 7
Jun
Jun
50
23 ft
■v
90
Feb
Nov
'
29ft
$ per
Jun
26
101ft May
27
May
7 36 ft
ft July
42
19
7
Childs
103% May
Feb
4
21
May
16% Jan
38 ft
Aug
July
25 ft Mar
July
80
Jan
88
Jun
77
34 ft
Feb
r43
Dec
36% Mar 21
105 ft
Jan
111ft
Jun
•
,22%
105
Nov
Oct
69 ft
f
Nov
34 ft
108 ft
f
109
Apr""^5
Feb
...
112% Feb
26
Apr
23
Feb
10
105
Jan
11
107
2
9
73
Feb
17
13
43
Jan
26
May
Cleve
39 ft Jan
Dec
18% Mar
12% Jan
3
15ft Jan
19
35ft Jan
25 ft Jan
3
30% Jan
20
12
Clopay
4ft
Dec
Dec
Feb
75 ft
Dec
10%
4
Jan
36% May
147
ft Mar
1
22ft May
138 ft
July
92 ft May
71
5% Jan
30% Feb
7
Jan
8
Apr
26
141
cbm_-
82ft Jan
28
Dec
60 ft
Dec
1332
July
31
Dec
x87ft
183
Jan
63%
1332
45%
Sep
96
15
Nov
Feb
Feb
Feb
22 ft
18%
Pitts
Nov
19
Industries
700
15 ft
15%
15%
15%
15%
1,200
7 %
7'ft
6%
7%
*3'ft
4
7%
3%
1,200
3%
6%
12'ft
56
•
3%
6'/e
y 6ft
6%
6V4
6%
6%
23 ft
23 ft
23%
23 ft
23 ft
6%
23 ft
13
27'ft
.'v ,3ft
23%
3%
6 'A
23%
24
.
12ft,
13
12%
8
10
Nov
Feb
31% May
14%' Jun
16% Apr 30
10 ft Jan
4
i
7%
49
Sep
13 ft May
7ft Feb
Dec
78ft
Jun
y
32
31%
32
27
26%
26%
*26%
27
27
55-
56 ft
*55
56 ft
55
11
55
30%
,29 ft
65%
29%
*55
37ft
Apr
29
10
.
30
30
29%
64%
65
65
*65 ft
11
10
10
*10
Monday
May 7
"f\
*14 *■ '
14%
•
„
•/..•
HIGH SALE
V
14%
*14
.14%
"
3
.
46'ft
",'3
45
45
21ft Apr 21
•
hi
,52 -r:
■
51%
521/8
27%
27'/a
28'/a
;/ U
hi
*
V A
Feb
% 28'A Jun
21'ft Feb
11
36%
Jan
53% July
46 ft Feb
25
95
Jan
12
14% Apr
18
j
28% May 13
j'. %
51ft
-
28 'A
Thursday
*8%
8%
*8
8%
*81%
83
*81 %
*28%
■
■;
29
28 ft
*17 ft
*17'ft
18
*8
;
83
...
14%'
*14
3
45ft;
34
;.
,*70
1
-
,
40%
I'll
18
-75
*70
40 ft
40%
111
24
*23'A
ft
■*23%
106ft
66 ft.
*37 ft
66
*37 ft
39 ft
29
1,100
50%
50%
50%
50 ft
50%
6,300
8%
*8 Ve
8%
n
8%
'.>81%
83
29
29%
*17 ft
18
28 ft
*27%
40%
*3 7ft
*70
75
*70
40%
23%
23%
*100 ft ,108
40%
23%
*37 ft
39
111
23%
*106 ft
*37 ft
14%,
A
14%
14
14
29 %
29%
29
29
*434
4%
4%
13%
4%
14
29%
/.
:,v
29 'A '
4%
*106 ft
4%
13%
30
-100
22 'A
22%
138 ftf' 140
*72 ft
22'ft
2 2'/a
*138'ft
140
*138'ft
4% '
*72'ft
74
72 ft
74
,
62
132ft
r
62
*1030
62'ft
4%
*34 ft.
35
35%
94
35%
*92 ft
133
133
94
16%
15%
16
18%
16%
16%
16%
*9%
10
*9'A
10
non-cum
1st preferred—-100
*9%
10
non-cum
2nd
*8%
16%
preferred——20
preferred—100
9%
9%
common—No par
2,000
4,200
*4%
4%
15%
100
*62 /'•-
;
62%
15'A
132 ft
*
35
1030
'
94
600
62%
•
1
15U
J
—
34%
35'ft
*92 ft
132%
*62
*1050
-w
35
*92 ft
'
93
—
3,100
10
15 ft
15
15 ft
15%
16%
8,500
16%
*16
16
16%
15%
15%
1,100
15 V
15%
15%
15 ft
15'/a
15%
12,900
16 'A
*16%
16 ft
16%
16%
'1,500
9ft
9ft
9 ft
10%
11%
600
10
400
9
"9%
18%
17%.
17%
17%
17%
17%
10%
11
10%
11%
11
11
56
*55
31%
31ft
31'ft
*20%
21
21%
24%;
24%
24
ft
24%
51
50 Vb
50%
9ft
10
18
10
10
10
10%
9
8
X31
21%
9'A
9%
*17%
ft — 8
51-
;
10
74"
16'A ■' m..: 15%
56
Elec Co new_5
"72
600
2,000
15%
9
18ft
11%
22%
139
15.'ft
'
11
56
22 ft
139
*
4%
*4%
22 ft
140
133
16Ve
18
11
22%
*138%
14%
V/'-
31%
$4.25 cum preferred w w—-No par
Carbon Co__—_No par
Columbian
—
13%
30 %
*132
62%
92 ft
*8 ft
10%
280
'
13%
133
*62
*1050
92 ft
*17%.
2.50
Inc.—No par
10
39
29%
,*132
35 ft '
*17%'
Columbia Broad Sys Inc cl A—.2.50
600
14
74
3 5 ft
9ft
9
23%
66%
30
*72
94
;
100
108
*37 ft
—
8,500
13%
74
35'A
*92'ft
40%
x29%
*72
1 -J,
35'ft
140
'..w
'
62%
*1030
22%
*138'ft
72ft:
*62
*1030
*92 ft
,
132%
62'A
133
*132 ft
No par
22 Ve
22 ft
140
■
111
*66%
66%
39
"
22%
*
Iron Corp com—No par
Ohio
13%
29 'A
;
300
75
1
23%
108
66%
39 ft
28%
180
40'ft
111ft
67
1,300
'
40%
*111
:"v
18
*27 %
75
ft *66'A
66
29 ft
*150
111ft
24
/
t
500
83
*17 ft
28%
180
40 ft
106'%. 100ft
18
*27%
*150
111ft
112
*17 ft
180
310
8
*81%
28%
93,800
102 ft
8
83
29
*70
*23
n
102
*81'A.
18
40%
20,800
»
22'ft
76
39 ft
28%
22'ft
*70
66
27,900
%
75
24
52%
22 %
*150
66
52 ft
102%
180
106ft
*106
66 ft
'20
52%
28 %,
.
*28%.
28%
28
*111 ft
28%
270
...
35 ft
83
*17'ft
40%
52%
2,600
-
*33 ft
§1
*150
111
52%
'3%
45ft
.
22%
180
"
34
Shares
14%
3%,
-
*45
28%
28%
28%
*150
111
*106
r
*28
28%
180
34
*14
-3 Ve,"
:
45
for
Sale*
the Week
£ per share
102ft
8%
*8i%
28%
Friday
May 18
-
52
49%
15%
& So
300
22Va
"49%
V
102%-
15%
Columbus
700
102%
49%
_•
,
mo
50
16
System
200
3,900
.
102'ft
4.9 %
1
B
900
,.
,
U
$ per share
28%
v.
49%
102%
15%;
Combustion
18 ft
45
-49%
—_No par
Pictures
18
14%
3 ■
;
T; 34
35%
15%
Columbia
20; ft Apr
»
45
*33ft'
16
9
13
*14
"
ft
35%
15%
Gas
32 ft Jan
-r
"*
? 3
16'A
&
800
:
66
XsJ
May 12
$ per share
22
i__1
Corp_
32
PRICES
.' May 11
$ per share
V *16%
Class
11V4 May
*31%
66
iv
Wednesday
May 10 v
-
—5
Columbia
56 ft May 10
2
30
,
Tuesday
...
May !>
$ per share
Mill3 Inc
10
25
32
29%
64'A
11
*15 ft
13
Apr
32
64%
30
64%
*10
22%
t
5,100
27%
55
56
30
65
3,700
2,300
-
12%
*31%
-No par
23% Jan
Apr
12%
12%
700
6'A
23%
*26%
*55
30%
*
65
12 ft
6%
23%
i
32'A
Aikman
12
10
48 ft Mar
Dec
•
28%
24% Jan
2
12%
7,400
c
3%
3%
;
27
Ry com—100
4ft
20
12 ft
*3 ft
2634
22'A
No par
i-
Internat
conv
4%
lift Jan
■\ 10 ft
&
5%
13 ft Jan
17 ft May
3%
32
;•
102%
(The) CQmmon_No par
—
Colorado & Southern
25
17 ft July
32ft May
3%
22'A
_/
800
7%
102%
Inc.—
200
*15'A
'
May 10
9ft Apr
Dec
Dec
8
24
7
9ft
7.
A
Colo Fuel
24
10%
7%
22
,—50
2nd preferred
cum
Class
Jan
20 ft
,
Jan
12
10%
15%
22%
Colonial
19% Jan
10%
'•
1
4%
r 15%
27 ft
/
gtd—-50
stock-
15,800
500
4%
7ft
'
102'A
19% Feb
14% May 10
15 ft May 10
8ft Mar 22
10 ft
Z
.
ft.
15%
.
Collins
18 ft July
11
Oct
10%
102 »/a
17% Jan
»
81
'
*22%
93 ft Feb
Mar 22
33 ft
81
4
10
8
Jan
32%
81
*4%
7 'ft
*3
_il00
Molybdenum-—
Coca-Cola
35 ft May
32%
*80'ft
4ft
"
Coca-Cola Co
9
Jan
32%
81'A
-No par
RR Co ,7ft
Corp
4ft
12
1075
32%
15%
*14
Colgate-Palmolive-Peet com—No par
$3.50 preferred
No par
15
Jun
22%
Jan
63 ft Apr
25
89
Oct
Dec
9ft
152
5
200
4 ft
100
Machine Co
xl3% Feb.: 17
Apr
12%
6
Jan
29% Feb
25% May
26ft May
16
3
60 ft Jan
1075
Jan
16
t
130 ft Feb
Jun
July
300
10%
10%
...
134ft
6ft
19 ft
7%
$ per share
Cluett Peabody & Co com—_No par
7ft
preferred
100
13
6'ft
*19%
15 ft
*30
8.50
preferred
Special gtd 4ft
2
Apr
10 ft
6%
19 ft
32 Va
.
170
*6'ft
19%
81
ft
1,800
*19%
19%
4%
200
21
96
10%
*28
Clinton
27 ft
80
24%
20%
*94 ft
96
10%
*150
Climax
Nov
137
'
32%
80 ft
'y
7
*6 ft
19ft
*95
10%
__20
&
47 ft May
4
7
ft
96
10%
*10
Graph Bronze Co com—i—1
preferred
——100
Dec
1
21'A
95
10 '/a
& St Louis Ry Co corn—100
23%
i
*23'A
21'ft
24
*20 ft
10%
'
non-cum
Cleve
May
24
21
*23
21'ft
95ft
:
32%
1
5ft
66
24
24
21'ft
300
10 ft
32ft
v
Cleve Elec Illuminating pom—No par
$4.50 preferred
-No par
Jun
10,300
*9%
*—v—'
Equipment Co__'_—1_
39
12%
5
Elec
preferred.
C
78 ft May
11%
10%
27%
5%
3
25% Jan
16
10%
10%
*55
—
3
11
10%
27 ft
hi
&
Gas
Clark
9
10%
*9%
13
10
8
Mar
10%
10%
;
7-
85
2,600
10%
•
10%
*32
City .Investing Co common.—^——5
5'/£% preferred
*_
^J00
cCity Products Corp-——
No par
City Stores
5
42ft Jan
18%
9%
:
51%
C C
17%
10 ft
Saturday
30ft Jan
4
176
17%
•»
18% Jan'
26
3 7%
9%
51%
4ft
29ft Jan 27
25
18
10%
51%
Rights.
8% Apr 16
83'
Apr1 5
Jan '3
6% Feb
17%
.*4ft
10%
*33 ft
C 4 T Financial Corn—
80
2,200
7%
9%
35%
50% May 13
25
Jan
10%
*7%
'
10'ft
,
Co
Copper
3
Apr
14,600
10%
7%
*19%
4% ■%;■
*10%
-*27
•
——100
Cincinnati Milling
Jun
12%
10'A
*7%
10%
6%
———,._1
:
24 ft Mar 17
10
12
10%
*
Cincinnati
4
12
8
10%
*23%
'•> Par
;
common—/.
preferred:
11
ft Jan
.
;
12%
120
,
*7 ft
.
;
■
•
1,100
'
15ft
par
STOCK;
.
25%
12%
:""
81
*4 Va
11
80 ft
.24
10
32%
*80'/a
;.
*79
12
*6
32%
W;
4%
107
23%
'107ft"
3,100
10
7
19 ft
Chrysler Corp-^—ft—-3.50
24
33
f
*6'ft
32%
81
■
1,200
12%
*95
*19%
*33 ft
5ft%
'38 May 13.
4
Feb
Co
Chile
7
84 ft
176
V'V
400
V
10%
*23
■■
95
25
8
Dec
27% Mar
7
19 ft
'-y
21%
95
3
Jan
Dec
7
24%
14%.
80 ft
.
12
21 ft
.
46
Jan'
Dec
Jan
24%
95 ft
3%
58'
7
15 ft
11%
46ft
36
7
7 75 ft
s
11
46 ft
15
■
7ft
11
4%
14%
23 ft
*79
v
*3 ft
: 7%
15
7%
2,900
•
LOW AND
Chickasha Cotton Oil
Jan
29 ft Jan
YORK
y
.
60
ft Apr 25
hi May 7
x20
48
;
14
Apr
97 ft Jan'
Nov
Jan
share
5ft Jan
2% Apr 30
ft Apr 30
42
19 ft
24%
10%
11
21'ft
-
^.100
••
EXCHANGE
;
16ft Jan
25
32 ft Feb
65ft
'
NEW
Highest
Sper share
44 ft
50% Nov
18
3%
600
1,700
9%
*10
12%
STOCKS
Year 1948
Lowest
23
17
13
9 Ve
7%
107 ft
*107
80 ft
23
17
•
*9%
/.No par
r
$ per share
108
*79
17%
*10%
Co__No par
series
Chicago Yellow Cab_—.
Range for Previous
*107
ft
'
Is & Pac
preferred
Cl
18
'
May 11
108
3,906
16
9%
7'/e'
110
19 ft
10ft-
par
preference—No
14 ft
7'A
18
y 18
*4 ft
——100
convertible
$3
14'A
7
3ft
*7%
25%
No par
com
preferred
3ft
14
7%
4
8
*80'ft
;■!
17%
100
121%
19 ft
16
14ft
(.*734
32'A
./■
17'ft
16
Oft
7ft
8
*55
.
17 ft
8ft
101
1*21
18'ft
18'ft
16 Va
*16
.
9%
10
"
__100
Chicago Pneumat Tool com__No
17 ft
16%
9%
21'ft
/
vtc_.No par
vtc
17 ft
*7%
*24%
.
_No par
Paul
preferred
*100%
121
7%
11
..
Ry Co class A__25
Chicago & Northwest
36 ft Jan
i
Milw
Scries
100%
12'A
i8
;
—1
-
9,400
10 '/a
..
8% Jan'
25
Dec
& Louis
B
2,900
26%
7 ft
*6'ft
—-
56%
25%
100ft
22
110
56%
26%
*10U
22 ft
138
138
56%
26%
10%
12%
140
56
*120
*79
23'A •-
300
1,900
26%
19'/a
*107
80%
*19%
Chicago Corp (The)
108
6%
33%
56%
121ft
..
200
6%
100 Ve
4
"
7%
>107
*338
400
7,700
25%
14ft
15
7%
138
6.600
,
33%
7
34%
9%
3%
4 %
15
*22 Va
1.25
*
*4
7ft
138
12%
•—No par
Chic Ind
Mar 23
4ft
16
*79 ft
*'
No par
10
5ft Feb
36ft
19
9 'A
23%
Chicago Great West Ry Co com__50
5%
preferred
50
July
45%
Co_
181/4 Jan
23
*34 ft
*120
*17'/a
81 ft
.
ft—*.11
Products-
10% Apr
Dec
25 ft
Belt
Class
36
121ft
*16
9ft
*22 ft
Copper Corp*.—.^__5
25
41ft July
23% July
49 ft Mar -?
Pasco
24
Jan
*34 ft
36
19 ft
17 ft
9ft
*79 ft
convertible preferred
100
East 111 RR Co corn—No par
Class
A_
:
40
5 ft Jan
15%
x55ft
'
101
- -
16 %
16
107 ft. 107'/2
J-
100
11
6"% May 13
3ft May 10
May
*17%
7ft
pfd—lOO
Feb
13ft July
'
3.40%
7ft Feb
Jun
30
15%
*34 ft
139
19
9%
*15
Hudson G & E Corp__.No par
111 Light 4ft %
pfd—-100
3ft%
9
30
13
150
29'ft
30
15%
25
*6%
*100
16ft
Ga
lift Apr
8
11 ft Mar 30
7
28%
*29%
15ft
34'A
*120
17ft
.9%
'*4
Chic &
21
29%
29 ft
6ft
19 ft
*16
1
13% Feb
22% July
15% July
4ft Mar
Feb
5ft Jan
29%
33 ft
121ft
*17'A
20
Co___^_._.5
Co__c_-_„c.
105%
6ft
101
19 ft
*104%
33 ft
121
1,100
105%
6%
*99
19%
110
7
105'A
33ft
*137 ft
500
; 7
7'A
33%
~
13%
7%
l.*6ft
•
1
*19 ft
-
Chesapeake Corp of Virginia—:_—L5
Chesapeake & Ohio Ry common—25
34ft Janr
90
6%
34 '
121ft
101
*121
^No par
_1
Sugar
*98"
100
^
iT
common
Checker Cab Mfg
Jan
8% Feb
preferred—,
of
$4.50
6%
33ft
Hhares
'36
29 ft
26
Cnampion Paper & Fib com—No par
8"% Jan
19% May 11
May
7
6%
34%
136 Va
the Week
*55
29
56%
de
Chain
97 ft Mar
36
105'A
13%
56
xl5%
i.
25 ft
Certain-teed
18
24ft Jan.
17 ft July
30
Jan
10
Feb
7ft
27
3
*6%
Central & South West Corp com_5
Violeta Sugar- Ca
L.9.50
Century Ribbon Mills-——No par
6
Mar 17
7%
6
13 ft Jan
•
.
16
*34%
35 ft
*33%
Ry Co vtcl
-No par
preferred series B vtcft—100
Cerro
35 ft
*135
Central
11
45 ft
Feb
12
21% Jan
36 ft
-
JCentral RR of New Jersey.k
20
36ft
■
105'A
13%
*55
7
29 ft
15 ft
tor
Salee
May 18
t per share
"
13%
ft
7
29
29ft
56
Central NY Pr Corp
8ft Mar 29
28%
w
16 ft
26
19
11% Jan
30
56
20
12 ft Apr
29
16
137
Jan
6
28%
*29 ft
15%
5S
35% Jan
28
24 ft
7%
Central
29
29 ft
,
15 ft
25%
preferred
8
26
28 ft
Nov
5%
28%
I* *29
136
I
Mar
9 ft Feb
106%
26 ft
Corp
7
7% May
105 ft
56ft
2nd
Jan
Jun
104ft
25%
Aguirre
May
104 ft
56 ft
Foundrv
11
*
105 ft
_1
84
'
24
*104 ft
Friday
May 12
$ per share
13
55
.—25
i
110
12'
13
58 ft
7%
i.No par
Central
7% Apr
13 ft
55 ft
7ft
Corp of Amer com—No par
lit preferred—.
No par
central
15
Dec
7%
$4.75
Celotex
24 ft Jan
3
*12%
"*53 ft
7%
100
21
6
13 ft
55 ft
7 ft
Corp
common
11% Mar 14
4
21ft Feb
Co
Caterpillar Tractor
Celanese
U
Jan
13 ft
*53 ft
k
preferred:
6
lift Jan
10 ft
(J I)
7%
7
ft Jan
17
May 11
6ft Mar
'
7
7
18%
Mar 16
104ft Jan
May
'
26
3ft May 11'
Jun
..
13
Mar
131ft Jan.
9ft May 13
38% July
8% Mar
Dec
100ft
105
Apr 22
18ft Mar 5
Jan
JUn
Case
'
'
120
JUn
12%
Apr
32ft Jan
23
34%
;
60
22
97
20ft
Dec
7
Mar 12
1
7
23 ft
Dec
5ft
37 ft Jan
140
General
Thursday
$ per snare'
7%
50
&
$ per share
M,
13'A
-ft 10
Carriers
$ per share
May 11
55 ft
preferred 4% series^
Conv
5
17
'
Feb
r
May
*
*7%
common-—.;—.
19
PRICES
Wednesday
100
Clinch & Ohio Ry
Corp
8ALK
HIGH
May 10
*53 ft
/
Ppwer & Light.-No par
Carpenter Steel Co—*——i
___5
Carrier
AND
Tuesday
1
_10
*
Carolina
'
Monday
May !>
$ per share
Pa*
v
i
*12%
Carolina
-
9
7% Jan
11
17%
Feb
7
'
(2111)
RECORD
Saturday
May 7
.
,
Capital Admin class A common___i
29'
37
14'
Jan
22 ft
6ft
CHRONICLE
LOW
,*
•••:,•
$3
preferred A
Capital Airlines Inc
6
35ft Jan
24
52 ft Feb
May
Feb
97
17
16ft May
4
Feb
32 ft Feb
147 ft July
22;
STOCK
STOCK
••
29% Mar 29
4
30ft Mar
Jan
9
Jan
8ft Apr.
108
Feb
YORK
EXCHANGE
55 ft May 11
Mar
5ft Feb 23
100 ft Mar 24'
Nov
6'A Mar
NEW
50
12ft
V
*
Highest i
$ per share
15
30
'
Jan. !
s
12 ft Mar 23
Nov
32
Lowest
5 per share
8% Mar
.
YORK
FINANCIAL
STOCKS
Year 11)48
Lowest
&
9
9
9
9'/a
17%.
■
17%
17 'ft
17%
*17%
11
*
ll'/e
11%
11
ll'/e
11
56
56'A
*55
ll'/e
57 ft
18
18%
21
21%
21
24
24
24 ft
24
50%
51%
51'ft-
51%
18
17'A
17 ft
500
11%
11
31
18
18
11%
11%
30,800
11%
11
57%
*55%
31
710
*55%
800
ll'/e
>
58
4,300
300
31
31
31
31%
800
21%
'A
30%
21"
21%
21%
21%
2,000
ft
25%
26%
26%
7,100
51%
51%
50%
51%
5,200
Engineering
Superheater
Inc
-No par
'
(90
>
Nov
Xl6
2ft
Feb
Dec
90
j
Jan
(25
8ft
Nov
Dec
July
29% May
3ft
Oct
3
106
Apr
29% May
11% May
Jan
89 ft Jan
7%
36% July
32
4
Sep
Mar
7
26
3.60ft
& South
7
$6 preferred series.;
.—No par
Commonwealth Edison Co.——*.—25
9ft Jan
8
Conde
3
30
Feb
11
29
May 10
4% Jan
2ft May 11
21ft Feb 25
1
21
23 ft Mar 20
108 ft
Dec
xl06
Apr
6
107% Feb
11% Mar
xl8ft
Jun
12
Feb
10
14 ft Jan
8
10
Consolidated
Consol
-1—u.
:
29ft
Sep
lift Feb
23
21ft Jan
7
Consol
10 ft Jan
3
x7ft Mar 24
8ft Feb' 7
Consolidated
Retail
9% Jan
7
Consolidated
Textile
Co
12ft Apr
13
Consolidated
Vultee
Aircraft"—
15 ft May
15% July
16% Mar
29 ft
Dec
35%
98 ft
July
'
100
Sep
33 ft
Dec
Jun
30 ft Jan
12 ft Mar
8
3
36
106ft May
103ft Apr
27
108
106%
105ft Apr
20
108% Mar 25
Dec
42ft
;
May'
4
Mar
8
Jan
33
Feb
7
37ft Jan
Oct
90
99 ft May
95
Jan
7
97ft Apr
5
21
22
10ft Mar
17% July
13 ft Jan
3
15 Ve Jan
84 ft Mar
92ft
85
5
91ft Mar 12
29 Ve
Nov
40
May
31ft Jan
3
Oct
99
July
97 ft Jan
11
Nov
13 ft May
92
Sep
Jan
26%
28 ft
29
3
.
23%
*9 Vr.
Dec
Dec
26%
*107
Consolidated Natural Gas—__15
19
36% Mar30
99'A Mar 21
RR of Cuba
6ft
preferred
preferred
Container Corp ;of
$3.75
preferred
No par
13
9%
48 ft Mar
64
ft
For footnotes see
Oct
8ft Mar
56% Feb
page 28.
8
24
=
9% Jan
7
Continental
Diamond
63% May
9
Continental
Insurance
102%
8%
*26%
*28'A
102
27
29
2%
26%
8'ft
26%
26%
*28%
3%
29%
2%
2%
27
26%
8 7e
•
100
130
15%
'
3%
5,100
24,100
102
1,400
27
12,600
8
600
26%
26%
800
*28'ft
2%
8
29%
200
2%
3
5,900
23
13,100
*12%
ft
23%
x22%
103%
107%
*106%
107%
107%
107%
1,500
1,700
13
23
22%'
22%
23
12 ft
12%
12 ft
12%
12%
12%
9%
*9'ft
9%
*9%
9%
9'ft
9 ft
200
41
41
41%
41 ft
41%
41'ft
42
41%
42
4,300
18%
18%
19
18%
18%.
18%
18ft I
18%
18%
18%
18 ft
1,600
11%
11
lift
11
11
11%
11%
7%
10%
7 ft
7ft
7ft
7 ft
7ft
7%
7%
7%
10 ft:
10%
10 ft
10%
10%
10%
10 %
10%
34%
34%
34%
105 ft 105ft
106%' 106%
*33 ft
34
105ft
106
lOo'ft
106
106%
107
106%
106'ft
*106 ft
*33%
10%
35
34%
34%
105%
105ft
105'ft
106%
33%
*106 %
106%
33 ft
33 ft
33%
*97
13 ft
'
*90
33 ft'.
*97
*97
97'A
106
97'ft
13 ft
13 ft
13%
91
90
90
33%'
33 ft
*97
98
33%
98
97
*13%'
97
13%
Fibre.——_5
,r;*8%
10
63%
8%
63
33%
*95ift
97
97
97
13%
33%
98
97%
8%
63%
63%
62%
8'ft
63
*90
61
*11 Ve
..
11%
700
7ft
7ft
2,200
10%
10%
9,300
34%
35
105%
34%
33 ft
3 3'ft
8'ft
34%
33%
33 ft
*97
8'ft
34%
*33'ft
90
*8 ft
11%
11
90
'
8ft
102%
26%
,
15
3%
107 ft
107
*9
8
*99
15%
3%'
41%
*34%
America com.,20
—
*9 ft
3
26%
100
15
41
*106%
4ft
preferred
.'
100
Continental Baking Co com__No par
$5.50 preierred
No.par
Continental Can Inc Oommon_^—20
*12%
9%
2%
23'ft
102 'ft-102'ft
100
7%
*
.——No par
».—No par
$4.52
13 Va
3 ft
23%
107'ft
3%
*11%
Inc—_1
Consumers Power Co com—No par
$4.50
3
23
107'ft
3%
18%
Inc——10c
1
3%
23%
107 ft
100ft ,100ft
14"%
15
41%
pfd100
Stores
8%
29%
Corp—1.33 Va
5
26 ft
*8
27%
Laundries Corp—.A.5
46 ft Mar
102%
26'ft
8ft
*29
Consolidated
9ft Apr
12
102ft
26'A
Ve
8
*26%
8
23
X40ft Apr
8 %
103 ft
26 ft
26%
29%
30
Feb
Jan
103
15%
26%
*12%.
Jun
103ft
100
26%
Grocers
12'A
100
*28 ft-
Consolidated
51
Dec
3%
;
No par
Dec
Nov
.3%
*8
Coppermlnes Corp—5
Dec
7%
15
3%
25%.
Edison of N Y com—No.par
preferred—
8ft
-8%
15 ft
3%
*103
Congoleum-Nairn Inc_^—_—_No par
Cigar
No par
37 ft
10 ft
100
15 ft
3%
Nast Publishing Inc—No par
Consolidated
$5
100'ft
15%
3%
com__No par
27ft Jan
9
100ft
15 Va
————100
Solvents———'.No par
Commonw'lth
103 ft May
Feb
-
"
*100'/8
preferred
Commercial
3
25 ft Feb
May
6ft May |
25ft July.
31
17% Jan
3% Apr
11.
26 ft May
Dec
21
Commercial Credit common——10
3
Feb
Dec
100ft Jan
•
3
25 ft Jan
V
27ft
103%
Mar 17
v
104
X24ft
t
52"
106
96
107%
34
1,100
330
,
100
700
96
70
13%
*
13%
13%
14
14
1,200
90 ft
90 ft
90 ft
91
91
190
33%
33'A
33%
33%
33%
97%
*97%
98
8%
8%
8
61%
61%
*97%
ft
8 ft
62'A
62'ft
98
8 ft
63
7,000
100
1,200
3,100
20
Highest
$ per
I per share
$ per r.hare
I per thare
NEW
Range Since Jan. 1
Lowest
Highest
Peb
10%
Jun
Feb
14
69%
Jun
47% Feb
11
58% Apr
Par
Mar
19%
Apr
13
May 10
15% Jan
3
24% Feu
19% Mar
33
Jun
x49% Mar
55
July
36
14
9% May
12% Feb
9
Peb
21%
Oct
14% Apr
8
19% Jan
6
50%
Nov
49% Jan
15%
Jun
50
Not
4% May
1% Peb
9
8
2% Jan
25
Peb
Jun
24% May 10
32% Jan
7
Jun
99
14
100 % Apr
13
13
Jap
Jan
3%%
10 % Mar 30
Creameries
7
26% May 12
Cream of Wheat Corp
26% May
15% May
36% Jan
3
42% Apr
13
23
Feb
24
27 % Jan
8
Jun
103% July
Peb
94
Mar
900
52%
770
21 %
21%
2,400
24
19% Apr 22
Jan
Jan
6
72% Jan
23
Peb 24
30% Jan
24
10
15% Jan
27
Jun
•
■
May
160
7
•
88
11% Dec
17% May
24%
16
Dec
Peb
Jan
Feb
28
150;
47% Dec
119 % Mar
61 1
Feb
Peb
Jan
21% Mar
Aug
7% Jan
Sep
133
$7
19
Prior
9% Apr
4
24% Jan
8
137
Mar 14
Curtiss-Wright
Class
7
-
common
A
Inc—
Cutler-Hammer
7
*113/4
*163/4
5%
*45
5%
*65
68 %
*11%
*118%
>
*135%
233/4
23%
1,600
200
173/4
*17
53/4
•
46% J.'-.',
5,300
5'%
*118%
120
800
12
119
46 %
46%
46%
463/4
46 3/4
46%
83/4
83/s
8%
8%
8%
8%
83/4
21%
213/4
21 %
213/4
21%
21%
21 %
*135%
136%
136%
136%
23%
23"%
\
11,200
i
213/4
.
136%*
136%
233/4
7%
64 3/4
113A
,
5%
*116%
120
178
8%
21%
*135%
5%
3,600
7%
173/4
*17
5%
*118%
120
46
8%
21%
17%
5%
130
13%
*63%
;;,
113/4
113/4
11%
100
67
*160
I.
.
66
/1,400
20%
273/4
13
7%
*63%
66
-
*17
5%
53/4
6
83/4
22
18
46%
<
65
11%
11%
*16%
■«
..
178
7Ve
80
40
95
,
,27%
12%
12%
*160
7%
7
7%
100
2,000
V
97
67
67
27%
26
178
*160
178
7
♦66
••
12%
12%
12%
12%
•r
*160
120
46
20%
67
68%
*119
*93
28
18
8 3/4
*21 %
*66
*27
12
6
83/4
67%
*11%
46%
*20%
28
7%
..
*65
120
-
*93
20%
*66
178
7%
173/4
95
*27
.12%
12%
7
*96
28
*163/4
12%
96%
67%
•
*160
68%
*65
19%
19%
>:
23%
96%
20 %
20
23%
23%
23%
\
300
393/8
*38
39%
94
*92%
7V4
♦1193/b
No par
1
1
pfd
100
No par
Cushman's Sons Inc 7%
21
Jan
26% Jan
Apr 22
21
*31% May
19
Jan
50
94
123/4
178
7%
.No par
com
preferred
preferred
Ja.
129
s.
3
Feb
21
July
28 %
137
4
43% Apr 27
May
12% July
12%
No par
Publishing
Curtis
7%
•
122% Peb
963/4
*27
*38
96 %
94
20%
*66
5,500
v
23%
23%
23%
23%
963/4
67%
*160
39%..'..
f*373/4
V',
39 %
•
94%
28
800
15%
15%
98
20
*27
263/s
15%
263/a
153/a
*96
*66
pfd
non-cum
26%
263/a
15%
*95
20%
*20
.
Cunningham Drug Stores Inc—2.50
18
,
27
6%
9%
26
*93%
,
V,
9%
15%
39%
•
93/4
26
,23%
,
93/4
15%
23%
94
4,700
100%
26
*38%
97
243/4
*98%
2
15%
23%
94
24%
100%
2
26
38 %
*96
2%
243/4
98 %
*
9%
*38
90
3,100
300
15%
.
23%
,
*9%
5,800
4%
4%
*2
26
:
38%
-No par
8
No par
No par
7
6
May
.Tan
73
4% Peb 24
13% July
com
J.-n
.
8% Mar 29
11% Apr 26
15%
153/B
1
160
6
Apr 21
May 11
65
July
26
15%
93/4
93/4
9%
130
64'A
175
243/8
24%
100%;
24%
*98%
98%
64
4%
10
99
175
4
2
2
24%
*99
64
175
63%
4%
100%
24 %
243/4
100%
*99
2%
2'/a
2%
*2
24%
25
97%
175
1,700
2,000
521
*97%
99
63%
4%
4%
4%
4%
4%
21%
99
*97%
•
10
14%
*50%
"
*97%"
0
176
*175
176
175
174
633/s
64%
63%
64%
64%
*170
100%
21 %
99
10
preferred
conv
RR
*97%
26
100
100
Cuban-American Sugar common—10
.7%
preferred
-100
Cudahy Packing Co common
10
4 %#>
preferred
-100
Cuneo Press Inc
5
5%
Cuba
99
*9%
13% Feb
12% Peb 24
17% Aug
13% May
177
155
,
*97%
*25%
$4 2nd preferred-'
Crucible Steel of Amer com__No par
7
66
Jan
Corp
99
2.50
preferred™
$4.20
4
Jun
Zellerbach
*97%
*15Va
1
99
99
2Vo
*2
25
21
21
*97%
•,
52%
52%
20%
*20%
4%
*99
52
*97%
:
20 3/4
99
20 3/4
175'
*4%
,
8%
*8%
*97%
?
64%
64%
52%
Vv
*50%
8%
523/4
8%
53 %
523/4
53%
2
(The)
1
preferred
$2
Crown
7
Jan
34
Deo
Dec
98
96
15
78 %
28% Jun
Dec
65% Deo
12% Peb
Apr
7% Dec
¥
Mar 17
Feb
94
Jun
129
'
of
Crown Cork & Seal com
7
19% Jan
6
46% Mar
18%
8 3/4
52%
*9%
America
3
34%
133
8 3/4
52%
*174
—100
preferred
Peb
Dec
4%
8%
>53
Exchange Barfk & Tr Co—20
8% Jan
23
Dec
Dec
7
50%
8%
51
8%
8%
8%
*8%
1
3%%
18
178% Feb
6
3% Mar 25
23%
67%
50%
99
36%
25
52
*97%
24%
17% Nov
20%
51
99
98 %
8% Dee
Mar
Dec
14%
*50%
*50%
51
21%
3%
x21
91%
*14%
14%
14%
14%
*50 %
*97 %
39%
92% Sep
95
8
60
*20%
•
Peb
29
93A
14 3A
B
171% Jan-
90
9%
14'A
preferred™
100
Cum pfd 3%% ser of 1947—100
Corn Products Refining com
28
7% preferred
100
Coty Inc
i
Coty International Corp
1
Crane Co common.
25
Jan
800
3,400
9%
Corning Glass Works
Mar
55%
14 3/8
12
5%
55
9%
23% Mar 24
177
55
143/a
99"% Jan 25
9
34%
93/8
54% Jan
25
343/4
14%
3
Feb
553/a
33%
9%
Apr 26
99
553/8
34
55%
Jan 10
64% May
55%
13%
33%
1
9%
20
6
35%
13
13
*54%
49% Mar
3
34%
553/4
13
9%
14%
94
Jan
35
56'A
13
55%
7
92% Jan
9,500
13
55%
93/8
15
57
56%
13
56 3/8
55 3/4
*54%
Feb
July
56%
13
6%
9%
11% Jan
66% Mar
56% Dec
164% Oct
3% Dec
1% Dec
13,200
56%
6%
55%
52
common
6%
6%
'
9%
6
Corn
Shares
6%
share
6%
Sper share
share
the Week
$ per share
$ per
6%
$ per
,
*54%
*
4
98
Oct
86
33%
May
8
May 13
•••6%
13%
34%
*13%
34%
34 %
Friday
May 12
56%
56
•
13 %
13%
14
common—B
No par
No par
Corp—
97% July
Nov
88
56 %
57% July
23% Oct
Peb
18
56%
Corp
$3 prior preferred
Copper Range Co
Copperweld Steel Co common
Convertible pref 5% series
Cornell Dubilier Electric Corp
17
.42% Mar
9% Nov
13
5
Steel
Thursday
May II
6%
6%
6%
Cooper-Bessemer
4
55% May 13
Mar 18
53
May
6%
Continental
Wednesday
May 10
g per share
$ per share
1
Continental Oil of Delaware
7
Sales (or
Tuesday
May 9
Continental Motors
18
6 %
PRICES
LOW AND HIGH SALE
share
46% Feb
14
Monday
May 7
EXCHANGE
8% Jan
6
Saturday
STOCK
YORK
16, 1949
RECORD
STOCKS
Year 1948
Loweat
STOCK
YORK
NEW
Range (or Prevlona
Monday, M%
FINANCIAL CHRONICLE
COMMERCIAL
THE
(2112)
23%
233/4
;•
*1323/4
24
*1323/4
140
24%
i
:
1,700
140
10
.
24%
24
24%
> 15,700
.
3,000
V
D
85
Oct
13% Dec
94 %
87
Jan
4
12
Feb
23
15
Jan
13
xl6% Mar
8
Jun
20% Jan
14%
Dec
17%
18%
Peb
28% July
Jan
26% Jan
93
14
3
24% Feb
31% Aug
82% Nov
94
Jun
92
Jan
94
Jun
92% Jan
11
Sep
9% Peb
96
15%
8% Sep
Dee
13%
Jan
6% Peb
10% Jan
2
27
42
Jun
22 % Apr
29
31% Dec
46%
Jan
32
Jan
4
Jan
May 12
Mar 29
95% Jan 20
23
8% Nov
.<
2
7
31
4
84
12
Mar 29
34
7%
Jan
24
Jun
32% Mar 22
40% Jan
21
13% July
7% Mar 10
9% Jan
7
Delaware
19% May 13
20
May 10
Delaware
14% Peb
39% July
20% Feb 24
27% Jan
7
Escrow
ctfs
for
32% Mar
58
37 % Mar 23
50% Jan
24
Escrow
ctfs
for
*16%
17%
18%
*18
18%
18%
1,200
30%
30%
30%
31
x30%
303/8
2,500
933/4
93%
93%
94
94
x92%
93
93%
*923/4
93%
93%
93%
*92%
94%
20
10 %
10%
10%
10%
10%
*10
10 %
700
63/8
1,800
30%
30%
30%
30%
30%
933/4
*923/4
933/4
*923/4
*93
94
93
93
*92
10%
10
10
>
:•/ 10
V'
20
Apr
56
Dec
60%
20
•6%
6%
6%
63/a
6 3/8
63/8
23 Va
23%
23%
*22%
23%
*223/4
23
23
23
22%
333/4
34
33%
333/4
333/8
33 3/4
34%
34%
34%
34%
4,200
*31 %
313/4
*31%'
32
31%
31%
31%'
31%
31%
31%
31%
31%
500
*33%
34%
34%
34%
34
34
33%
34
34%
323A
> 7%
7%
*7%
7%
100
Western
&
Pow & Lt
7
7%
7%
■
20
Detroit Edison
20
22
Detroit Hillsdale & S W RR Co_100
*54
9% Jan
7
Oct
16%
Jan
11% Peb
11
13
Mar 29
Jun
19% Apr 22
22
Jan
35% Mar
46
Jun
36
40
Jan
38
Feb
11
Dec
26%
Mar
1
25
13% Mar
xl9% May
12 Ya
Detroit
2
19%
19%
25%
253/4
25%
26
41%
40%
40%
40%
40%
403/4
41
40 3A
403A
1,600
21%
22
21%
22
22
22%
22
22 Va
22
22%
4,500
59
*54
59
53
55
6%
1
5
15% Jan
Diana
Stores
Range Slnee Jan. 1
Highest
Year 1948
t'l- Ii0we*t
per share
13% Dec
Nov
25
46%
Dec
10
29
f
v*>r
I per share
oh/i-g
20%
Jun
24% Feb
17
30
14
Jan
18
Jan
Class
15
Dec
23
Jan
10% Jan
3
14% Mar 29
Dr.
Feb
40
Jun
28% Mar 23
33
Jan
24
19
Peb
12% Jan
17% Apr
20
Dome
Nov
67%
Apr
48% Feb
32% Peb
50%
Oct
43
53
3
7
Peb
106%
Jun
Peb
106%
Oct
101
31%
Jun
Dee
164
Mar
113% Jan
94
Feb
r
111% Aug
10% Dee
18
Deo
13%
Oct
98
80
11% Mar
July
May
May
188% July
179
Jan
124%
Jun
119
Feb
Jun
97% Jan
3
9
Apr
Jan
■
Jan
Jan
Jan
12% Jan
1% Apr 29
19% Jan
3
Oct
153
Peb
*•
135.
Peb
47% Mar 29
Peb
3
-
7
-
18
Jan
90
Jan
8
14
Apr
5
101
May
7% Apr
Jan
12
Jun
18% Peb
2% Jan
•
156
May
May 10
5
'
Jan
21% Jan
Jun
49% Peb
8
57
Jan
Oct
42% Jan
14
47
Peb
12%
Feb
10% May 10
0% Mar
20% July
16% Dec
12% Jan
16% Aug
14% Jan
26% Apr 22
—
12% Peb 24
Jan
Jun
30% Peb
Nov
100
_1
_B
4%% preferred
Elastic Stop Nut Co_
Electric Auto-Lite (The)
Convertible preferred
$7 preferred
$6 preferred
Electric Storage Battery
10
:
Elliott Co
58%'
58%
47%
common
No par
No par
106%
20% May
7% Mar
5
36
Jan
4
3% Mar 3
7% Mar
DHSP
5
9A
Jan
4%
120"%
*99
7
Erie
Jan
4% Jan
10% Jan
.
5% Apr
Pittsburgh RR Co
Eureka Williams Corp
6
Evans
7
6
*
Products
120%
1203/4
*121
1003/8
ioa3/8
*100
7%
101
'
200
18%
17%
14%
17%
1774
15 Va
15%
15-
11%
10%
12%
101
44%
173
89%
*89%
89%
12%
*99
*99
7Va
36'A
14 V.
*13%
14
34%
*34%
34%
173
*89%
*99
3,000
25%
25%
25%
25 Va
80,400
25%
168%
168%
167%
168%
168%
170%
153%
167 Va
151%
168 Va
153%
152%
151%
152%
153
154%
42%
42%
42
42%
12
*20
35 Va
1713/4
171
171%
4,300
154%
155
155
4.500
42
*12
20
42
41%
42%
12
300
20 Va
*20
20%
700
*53%
54%
55%
*53%
55%
*53%
55 Va
*53%
55%
*53%
*45
46 Va
*45
46 Va
*45
46%
*45
46
*45
46 Va
3
4
5
27%
27%
27%
27%
28
2774
28 Va
28%
28%
'28%
28%
4,500
10%
10%
10%
10%
10%
10%
10 %
10%
10%
10%
*10Va
10%
1,600
15
14%
14%
15
15 Va
15%
153/a
15Va
15%.
1,600
16%
15%
15%
16
16
161/4
16%
16%
16%
1,800
31
30%
303/8
*30
31
30%
30 Va
103i/2
103
103
*14%
16'A
147/a
15
*157/a
16%
'
*30%
*103
*4%
31
61
_3
2.50
*54%
55
*59 Va
*7%
8%
4%
*41/4
4%
8Va
*7%
8%
87/a
*103
...
.....
8%
-
4%
12%
*54
61
■
*4%
*30%
12%
12%
55 %
V
4%
4%
12%
*54%
103%
*103
4%
*12%
31
31
103%
*59%
5
-
27%
'
100
50
—1
_
1,900
12%
>2
46%
5
Co
Eversharp Inc
Ex-Cell-0 Corp
Exchange Buffet Corp
400
153%
12%
20 Va
'34%
'
171
•'
203/8
*12
12
20%
<1,800
14
1%
25 Va
20%
2,700
1%
1%
12%
i:
2,000
7
36%
1%
25 Va
20%
13%
900
13%
1%
12%
'36 %
12%
34%
24%
12%
7
7%
36%
30
91
101
1%
1%
20%
*99
100
13%
247/a
*20
*12%
3,400
34%
1%
*12
*89%
-
1%
24%
42%
157/a
14"
1%
43
■
60
25%
34%
13%
*34
24%
43
■
1,100
11,100
173
*15'A
12%
36%
•
•
44%
-25%
< 101
7
7%
36 Va
36
91 :
■
173
173
15%
12%
12%
1%
43
"
91•
1%
.
'2,500
10,100
700
10 Va
noy8
44
.'25 %' >25%
*15 %
101
7%
7 Va
35%
10
44%
43%
15%
12%
12%
101
7%
*34
34
173%
15%
..
153/a
10%
•
18%
15%
10
-10 •' <
10
•
25% •-25%
14 Va
14%
173%
'
15%
36%
*7Ve
36%
'
10
44%
25%
36
7%
10
44 Va
*15%'
89%
89 Va
*10%
25%
.
15%
12%
v
44%
173
26
18 Va
153/8
'
24%
;
10%
17%
*99
1
34
190
*103/4
14%
44 3A
200
10%
17%
173
600
•1:'.
100 3/s
114%
177/a
44%
121
*114
15 Va
9%
121
*100
10%
10%
1,700
7,300
100%
•„
103/4
!
9
114%
*100
10%
9%
1,500
18
190%
9
1141/2
100%:
115
>'.*10%
10%
16%
121 %
121 %
122
4,700
84
190
.-190%
190
10%
*170%
y25%
-
*14 Va
114%
115
800
23%
*81 %
9
9
9
<190%
1073/4
23%
-
16%
16%
17
\
> 300
103
1073/4
84
147A
12%
No par
common
preferred series A
Erie &
31
9% Apr 30
43% Mar 29
RR
5%
61% Jan 24
68
9
10,800
49"%
103
233A
10%
*15%
*35%'
107%
233/8
*81 %
84
17%
44%
16
.
163/4
163/4
",189
*114%
107
23%
*81 %
9%
10%
91
:
190%
11
26%
106%
23%
'
85
9
120%
*10%
173.
23%
103%
1,900
60
48 3A
483A
103 %
48%
-
106%
106%
189 3,4
.
191
10
r
1
7,200
59%
*53 %
100
1
preferred
Equitable Office Bldg
14% Jan 21
•
3
6"% Mar
Jan
49% May
Natural Gas new
Emerson Electric Mfg Co
13
9%
11
*12%
2,000
17%
*45
Empire District Electric Co
10
Endicott Johnson Corp common—2«
Jan
*16
163/4
10%
*89%
12
28%
50
preferred
El Paso
7
33% Mar 25
*81%
,85 '
190%
17%
15%
*
12
50
preferred
4
18
23
23 %
*9%
,
106 %
106%
23
103
48'A
103
47%
48
103
460
1,000
54
Emerson Radio & Phonograph
104
59% May 10
3% Peb 25
jan
5%
28
conv
47%
*102%
11
i
*15%
;
16% Mar 31
16
11% Peb 24
53% Peb 24
Apr
5%%
6
48
103
•'
.
28%
59%
11%
26
No par
15
.10
Elgin National Watch Co
7
58%
100 3/s
44%
Electric Power & Light com_No par
6
58
115
*170%
No par
Elec & Mus Ind Amer shares
12
58
*10%
3
Electric Boat common
16% Apr
•
6
4% Mar 12
16% July
ppp
28% May
13% Jan
100% Jan 24
65% July
Dec
.
59 %
*10%
100
2.50
_
1 /<
59
500
■
•16%
12
17
*114%
17%
1
*11%
28%
*100%
15%
'
52%
16%
•
49
3%
2
171% May 12
'
74%
11%
preferred
4%%
25 % May 12
.
Dec
Dec
Co—
28%
51%
26%
115
!
Dec
7% Mar
100
2
:
Manufacturing
Ekco Products Co common
35y8Mayl3
41%
0% Dec
preferred
28."
52%
17
122
*10%
•
29%
*52%
12
*102%
400
*283/a
52%
28%
-
Shares
11
29%.
52%
12
100%
100%
*114%
',11
Sales for
the Week
*28%
16 3/4
191
*120%
„1
Inc_
Edison Bros Stores Inc common
13% Mar 24
17
27%
.10
191
'
51:
12% Dec
34%
6%
Eaton
10
41% Apr 18
10% Nov
100
1
29%
52%
28%
*16
1st pfd
11
12
*81%
Co
Airlines
53
10%
-
800
share
11
17%
9%
;
■-
52
*
29 Va
16%
No par
No par
series
series
*28
28%
Friday
May 13
S per
share
*10%
10%
io3/4
11
$ per
t per share
g per share
113/4
Thursday
May 12
May 11
May 10
12
23
*81
-10
Eastern Corp common
Eastern Stainless Steel Corp™_
Eastman Kodak Co common
10
32"% Jan
15
9
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
T;
16 3/4
84
7
174
»
15
Oct
Dec
5,900
29
*9%
7
7
166
4
14%
16%
16 3/4
13% Jan
14
.147
68%
133/4
12%
1
Eastern
Jan
Feb
Peb
14%
29%
473/4
23
100
Eagle-Picher
15% Apr
123% Peb
48% Dec
Peb
13%
16%
No par
preferred
conv
International
Corp
13% Jan
32% Mar 18
Sep
14
29
106%
16% Mar 29
43
12% Peb
Jun
0%
common
Duquesne Light 5%
DWG Cigar Corp
10
29
Oct
37%
Jan
3%%
12
25
.16%
Feb
2% May
23"% July
Industries
20% Mar 30
"
20
Feb
80%
133/4
60
*1043/4
6% Jan 29
11
80
1,100
*12
103
No par
50c
A
2nd preferred
*103/4
*52 %
473/4
No par
33% Apr
32%
6%
7%
per share
283/4
15
common
$3.25
4
98
No par
Co
$4 preferred series
14Va Apr l3
Jan
Chemical
Dresser
12
Jan
7%
163^
*59
■
4
21
115% Jan
7
10% Peb
4%
7%
12%
163/8
11
11
88
34
*7%
%
29%
12'/a
*29
;
21
May 13
42% Feb
Jun
8
'$
53
*52%
No par
;r
29%
*283/4
Jan
9
Jan
104
7
Monday
11%
*10%
v
No par
Corp
Mines Ltd
$4.50
Jun
Peb
7%
May 9
I per share
No par
$3.50
364
Jan
5
25% May 13
Jun
1
■
I
Pepper Co
:s
May 7
Preferred
16%
07
1,400
13%
Preferred
92%
20% Dec
11%
133/4
27
'liar
xB5
11%
*7%
21
9% Peb
46% May
56%
11%
7%
101
10% Dec
130
11
13%
121% Jan
82
Peb
103/4
*7%
Du Pont de Nem (E I) & Co com__20
Dec
1% Nov
103/4
133/4
5
14
13%
10%
7%
195% Apr
10% Mar
175
Jun
33% Dec
19% May
8%
100
10%
133/4
Duplan
10
56
42%
7%
Dunhill
113 % Mar 14
Jun
.106
*41%
133/4
5
Jan
8% Jan
413/4
7%
Jan
Nov
30% Nov
413/4
11
May 13
22%
Dec
42%
42%
42%
13
19%
02
*41%
*413/4
*41%
18
Dec
8cp
36%
*10%
8
12% Dec
38% Peb
30% Dec
*353A
11
Saturday
Douglas Aircraft
24 Va May
27
16% Peb 26
14% Feb
7
187
200
36%
42%
May 10
25% May
20% May
13
19 3A
36%
36%
2
A
Dow
86% Jan
28
99%
15%
200
*19'A
36%
*41%
*102%
•
4
18
26
50% Jan 21
105
Apr 29
19% Jan
3
20
116
113A
19%
x36%
*10%
108% Jan
101% Apr 22
90
xl8% Nov
Apr
63% Mar 31
5
Apr 29
97
Jan
12
19%
37
2
,
Doehler-Jarvis
11% Nov
12% Dee
12
193/4
37
No par
48% Feb
12
123/B
*19
37
f:A."
Apr
83
*12
19%
37%
STOCK
Divco Corp
Dixie Cup Co common
8
56
47
123/a
*36%
EXCHANGE
8 per share
9% Feb 24
oot
41
20
*19
50c
NEW YORK
Lowest
Highest
900
*12
STOCKS
Bawge for Prevlon.
1,200
*19%
19%
Ltd
6%
19%
123/a
*12
Corp
Distill Corp-Seagrams
6
6%
19%
19%
*19%
12%20
Co
*19%
19%
19%
60
6%
19%
6%'
6%
20
20
*19%
J25
T Motor Car
*54
59
6%
6%
6%
6%
6%
No par
common
*54
59
*12
preferred
partlc
Diamond
7% Mar 12
2
Match
20
—5
*54
12.50
Corp
Raynolds class A
Diamond
7
Apr
Steel
2,800
20
25%
6%
*6%
1
1
Vilbiss Co
De
Devoe &
26
45% Feb
6
10% May
6% Feb
Mar
13
3
40% Apr
46% July
19% May
24% Mar
25%
19%
25%
41 :,V
59
28%
25%
19%
22
10
Dec
6,000
26%
41%
*40%
Jan
19% Dec
11
3,300
19%
*25%
25%
25%.
100
Detroit-Michigan Stove Co
1,000
7%
19%
7%
73/8
19%
100
pfd
33%
7%
20
*33%'
Z
7%
73/8
700
23
2C
com—13.50
Co
com!
58
3
6'A
90
33%
22% Apr
May 13
6% Apr 21
19% Apr 21
8% Dec
22% Mar
13% May
Jan
53'
Jan
100
17%
6%
Denver & Rio Grande West RR
July
21% May
16 %
18
6%
6%
63/a
*
33%
Delaware & Hudson
Lack
13%
17%
*173/4
*923/4
20
31
50%
*12%
*16%
18
23'/a
preferred
34% May
7% Feb
13
17%
_1
Co common
29% Peb
38% Jan
13%
50c
Deep Rock Oil Corp
Deere &
92%
*12%
*16%
17 3A
*10
*91
13%
*12%
18%
30%
92%
17
17
*17%
18
*91
*12%
No par
Records Inc
Decca
7
Jan
36% Mar 30
17%
18
92%
12%
*12%
13%
?16%
50o
Rubber Co
Dayton
8
9% Jan
29
*12%v
Davega Stores Corp common—2.50
5% conv preferred
20
Davison Chemical Corp (The)
1
Dayton Pwr & Light common
7
Preferred 3.75% series A
100
Preferred 3.75% series B
100
24
Jan
17J/« May
20% Jan
2,500
11%
11%
11%
11%
11%
11%
*91
92%
*91
92%
*91
11%
11%
11%
11%
11%
92%
*91
100
pfd series A
3% %
Mar 14
11%
1
Dana Corp new common
15% Mar 18
11% May 13
4%
4%
4%
12%
4y4
4%
■
*4%
"42"
4%
~-~41%'
*4%
4%
4%
6,400
12%
3,700
12%
12%
54%
*53%
54%
*60
63
*60%
63
40
4%
4%
4%
4%
4%
4%
7%
*7%
7%
7%
7%
2,300
1,100
Va
11,200
""
7%
7%
8%—
8%.
413/4"
4%
*53%
7%
*8%—a%
-
*41
40
4%
12 3A
12%
60
"*41"
*4%
41%
*4%
400
103%
55
*53%
59 Va
4%
103
60
12%
55 Va
59 Va
Ot
*103
103%
4%
8Va
42
*4%
8%
8%
9
42%
42 Va
43
4%
*4%
4%
1,000
A/olume
Number 4803
169
THE
COMMERCIAL
New
Range for Previous
Range Since Jan. 1
37
Lowest
Highest
$ per share
54"%
NOV
36% Feb
Jun
8
33% Oct
19
Feb
28
20
Apr
28% Nov
23% Feb
15
5
Nov
11%
11
Feb
16
35 V4
Feb
43
16
Mar 23
Dec
20% Feb
Oct
11% Mar
35% May 12
20% May
12% May
Mar
5
1
Jun
Jun
16% Mar 10
;
9
4 Ve Mar 18
24% Feb
31% May
Feb
99%
9
V $
per share
41% Jan
7
25% May 3
32% Apr 27
7% Jan
7
.,
14% Jan
8
38% Jan 26
17% Jan 26
6% Jan 10
28% Jan
6
95% Mar 23
Jun
100% May
20% Jan
5
14% Mar 25
17% Jan
6
64% Jan
68% Apr
3
19% Dec
17% Dec
24% Sep
26% Jun
16
53%
Feb
69%
Oct
31
42
Dec
103% Nov
53
Jun
44% Feb
25
6
50% Mar 31
107%
Jun
105% Apr
19
107% Mar 17
49% Mar
59% July
14 %
20% Aug
42% Jun
Feb
28% Nov
96
Dec
26
Dec
xl04
May
53
2
Jan
3
xl2% May 12
23
May
3
.98% Jan
May
13 Vs Jan
3
12% Dec
21% Jan
12% Jan
14
15% May 11
13% Mar 9
22%
40%
28
24% Jan
12% May
14% Apr
8% Feb
47%
Jun
20% Apr 29
29% Jan
a
Jun
78
90% Jan
18
9% Mar
Dec
Dec
105
82 %
Nov
24%
Dec
22
92%
•
25%
8% Aug
11
7
11% May 13
95
Jan
26
26% Mar 17
Jan
23
Feb
24
25% Feb
9
Feb
26
11% Jan 11
8% Feb
25
10% May 13
11
48% May
10
Feb
10
19% Feb
6
16% May
Dec
35%
2
Mar 10
90
38% May
Mar
9%
Dec
24
May
Jan
Feb
47%
May
Oct
x38
Feb
3
9
12% May
24% Jan
11% Jan
19
13
17% Mar
18 Ve Feb
25
20% Jan
12
68%
84
73
2
78% Feb
2
10
7% Apr
7% Jan
10
17% Jan
6
Dec
Aug
May
May 13
"35%
36
16%
4
*35%
16%
4
16%
4»/4
-
26%
,
4
15%
15%
15%
15%
15%
15%
15%
68%
*68%
15%
68%
*48%
*105%
49
*60
15%
_No par
*12%
10
15 3/g
27%
27%
27%
27%
2,%
100%
*99 y8
100%
*99%
100%
16%
16%
*16%
16%
600
15%
15%
15%
15%
1,400
68%
48%
106%
*48%
*68%i
48%
*68%
69
48%
48%
106%
*105
48%
106%
*105
*105
60%
60 %
60%
60%
60%
60%
*60%
13%
13%
13%
13%
13 y8
Xl2%
12%
12%
23%
15
ny8
900
23%
23%
23%
23%
23%
101 y2
*100%
101 y2
*100%
101%
23%
23%
23%
23%
23%
23%
23%
23%
1,000
15%
15%
15%
15%
15%
15%
15%
15%
14,900
*12%
13
13
13
12%
12%
12%
12%
14%
15
14%
151/4
15
153/B
ny8
'22%
ny8
11 Ve
11 Ve
23
22%
233A
80 V*
81
81
90%
913/4
91%
91%
11V*
22%
22s/8
223/4
80 y«
81'A
81 'A
•
.<
22%
81
80 Va
%
10
23%
23%
25
23%
24%
No par
*9%
93/4
*9 V*
93/4
Franklin Stores Corp
1
Freeport Sulphur Co
10
Froedtert Grain & Malting Co Inc.l
Fruehauf Trailer Co common
1
*9%
9%
9%
,9%
473A
47%
47%
48 Ve
92
91
*23%
*23%
*
.
:
;'V15
23%
24
24
*235/8
24%
23
23%
23
9'A
93/8
9'A
9%
S3A
9>A
9%
93/8
93/a
9%
47'A
47%
47%
47%
123/a
12%
*12%
12 3/8
12%
19'A
18%
19
183/4
18%
74
73'A
73 %
73%
73 3A
11 Vt
22%
.83
*81%
9,300
11%
4,300
;
231/4
8,700
70
91
91
620
235/s
23%
800
24%
24%
250
,
-10
93A
10
10%
10%
47%
47%
47%
!
1,000
i
j
!
12%
13
13
1,400
19
18%
*73
i
2,300
1,900
19 Ve
19 »A
74
12%
19
74
:
83
10
X47
13
18%
*73
800
15%
.
'
19
80
24
235/a
73'A
1,700
24
233/8
24%
24
102
23
,,
903A
i
23%
102
IT'A
11 %
22%
*82
903/4
24
12%
600
123/4
23%
15'A
100
12%
100
bl
*iooy2
13
*12%
...
600
2,000
15%
15%
m.
69
48%
24
100 %'
100%
11
110
105%
60
Corp._10
L
68%
*68%
68%
48%
153/a
2,300
6,100
26%
*105%[
*23%
13
300
4
*99%
69
23%
16%
26%
48%
15%
103A'
4
13%
24
>
100
16%
100 y2
105'A
23%
7%
*35
4
60
100%
14%
26%
45 Ye
60%
13 y8
13 %
100
1,300
1,800
100 */a
105%
106%
14%
17
4
16
23%
preferred
•16%
4%
16
26%
92
4%
14,100
10,100
35%
35%
17
16
*23%
prior preferred
Francisco Sugar Co
500
1%
1
14 V*
36
*4
16
*99 y4
6 %
31%
1%
1
*35%
16
No par
common
23%
31%
13%
*16%
4y4
100
100
37%
23%
32
16%
16
1
37%
23%
36
100
No par
Corp
1%
14 y8
16%
91
Foster-Wheeler
1
14
1%
14
26%
10
Shares
37
x23y4
*31'/a
31%
100%
25
pfd..
preferred
31%
Sales fer
the Week
May 13
Sper share
36%
24
*23%
26%
1
conv
14
36
16%
4
*16
_Ne par
Food Fair Stores Inc
Food Machinery & Chera
37
37
37
23%
Friday
May 12
$ per share
share
*99%
5
•—
$ per
32%
1
14%
*35%
"16%
100
Corp
37
23%
*32
1%
5
_5
Florsheim Shoe class A
3%%
1
2
100
$4 preferredFlorence Stove Co__
Florida Power Corp
3%%
1
;
14%
No par
21
'
14
Carpet Co
..No par
Flintkote Co (The) common—No
par
Steel
31%
13%
(The)
FoUansbee
23%
31%
$ per share
37 %
23%
32%
1
1
Ferro Enamel Corp
Fidelity Phen Fire Ins N. Y._
Firestone Tire A Rubber cOm
7
May 13
37%
24
*32
Thursday
May 11
May 10
$ per share
37"%
23 %
1
1
Federated Dept Stores com
4 % ft preferred
Felt & Tarrant Mfg Co
31% Jan
Dec
79
Federal Motor Truck-
Firth
28
*37%
2o
—
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
May 9 f
S per share
No par
Brewing Corp
FAR Liquidating Corp
Fedders-Quigan Corp
Federal Mining ft Smelting Co
Federal-Mogul Corp
3
102
27
Morse & Co
Falstaff
4
7
Jan
Fairbanks
Fajardo Sugar Co
61% Feb
17% Jan
23% May 11
Dec
Par
4%% preferred
First National Stores.
36% May
15% Jun
13
Monday/
(2113)
record
Saturday
May 7
EXCHANGE
1
90
CHRONICLE
stock
NEW YORK STOCK
Highest
$ per share
$ per share
xl9Va Nov
york
FINANCIAL
STOCKS
Year 1848
Lowest
&
73
74
3,200
150
G
6% Dec
10% May
6% Feb
6%
Dec
10 V* May
5% May 10
16 %
-
£
,,
Dec
20
Jan
Dec
12
Aug
9% Jan
10
Dec
37
Apr
18
41% Jan
12
13
Feb
25
17
Apr
18
16% Feb
18
19
Apr 26
12% Apr
26
13% Apr
6% Feb
9
38%
12%
Feb
Nov
23%
~5%
Dec
27%
Dec
16%
Dec
11%
7
Feb
9% May
Dec
8%
Feb
11%
Apr
9% Mar
159%
106 i
146
9
13% Jan
3
102% Mar 23
53% May
Jan
26
5
May 13
26% May 10
17% May 10
May
26% May
18% May
105% Jun
99% Mar
42
Jun
45
100%
Apr
8% May 13
48% Aug
17% July
16 Ve
16
42
Feb
15
102% Mar 23
May
10% Jan
24
160
Jan
6
163% Jan
19
July
7% May 12
82
Jun
65% Apr
25
Nov
44% July
Dec
24
Nov
144
Jan
Jan
19
31% Mar
43
May
35% Feb
25
41
Jun
39% Jan
>3
96
Jun
93% Jan
4
13%
Dec
53
Oct
7% Feb 28
45% Mar 31
Mar
87% Nov
9
Mar
40%
118%
97
Feb
Feb
128%
May 10
17% Mar 4
133
Jun
108
Feb
26
Jan
Jun
123% Jan
97.
4
Apr
4
11% Mar 31
?:;Iov'
Jan
7
79% Jan
20
31
Jan
7
20
Apr
1
139% Apr
2
40
'
Garrett
Gar
Jan
6
43% May 13
S per share
50% Mar
,
,
5
62% Feb
2
125% Jan 17
93% Feb
12% Mar
99%
Jun
*97
6
100% Jan 26
120
Jun
13
26
Nov
23% Mar
18% May
Dec
29
Sep
128%
Feb
Jan
31%
3
3% Jan
3
10
23% Jan
Oct
3
24
14% May
20% Jan
123
Jan 24
77% Apr
11
May
3
73
7% May
3
12% Feb
22% Jan
3
19% May 10
39% May
Mar
33% Jan
82
91
Mar
7
7
Jan
13
May
12% Mar 23
17% Jan
5
Jun
74% Feb 23
76
8
24% Mar 28
Dec
Dec
53% Mar 25
5% Jan
3
8% May 13
lib
Jan 12
106% May 11
14% Jan
3
50
Feb
10
64
9
103
103% Aug
50%
101
Mar
x40% Feb
101
Jan
11
5
23%
Jun
11% May 13
5%
t
5% Feb;
Oct
105%° Oct
f
2% Dec
Jan
/ 1 %
8%
Apr
May 12
5% Feb
19
15% Aug
18
Oct
16% Jan
4
18
Feb
35
Oct
21
23
NOVi
31
May
89
Nov
9% Mar
Mar;
29
xl2:
25% Mar 29
21% Jan
3
Oct
Oct
Dec
-
99
17% Jan
7
7
Jun
May 12
20% Mar
5
Mar 24
Feb
104% Feb
16% Mar
8% Apr
23
20% May
28% Jan
24% Jan
93 % Apr
26
97
12% Jan
11
16 % Apr
Jan
6
36
12
Feb 23
13
15% May
Feb.
Dec;
>23%
132
Feb
145%
50% May
Jun
Jun
5
7
32
16
3
3% Jan
14% Sep
36%
17
45% Jan 26
40
July
Jan
4
7
13
25
9
Apr
>
11
Jan
13
36% Feb- 24
43% Jan
7
16% Jan
18% Jan
10
134
-3
Apr 27
13%
Dec
17% May
13% Jan
4
14% Mar 29
10
Feb
13% May
10% Jan
4
11% Apr 14
90%
Dec
98
Feb
12% Nov.
Feb
Jun
97
July
33% Mar l9
93% Jan: 26
15% Feb
8
5
Feb
24
92
Jun
97
Mar
2
20% Apr
6
6%' May 13
Jan
4
94
Feb
16
20%
Jun
10 Ve Feb
24
14
Jan
7
58%
Jun
45
15
50
Jan
8
57% Feb
81
14
18% July
Jan
Public
Utilities
Jun
Feb
60% Feb, 26
71% Jan
16% Jan
20.
For footnotes see page 28.
'
-
preferred
7%
101/4
7%
*15%
7%
.
Time Corp
preferred—
68
26
26
19
42%
97%
42%
97%
83/„
*17
:
100
...
:
*8%
3
68
68
26%
26%
26%
*18 3/4
19
137
1003/4
17000
42%
42%
42%
43%
43%
97%
97%.
423A
97%
43
6,000
,700
97'A
83/s
83/s
8%
105
*48
*127
127 Vs
127%
127
105
125%
99%
100
99%
*15%
16
*15%
243A
138/b
*24%
98%
t
13%
2%
.
14%
26
16
24%
14
14
>2%
125%
100
143/8
14%
500
500
'
16
16
25
25%
'y-713%
„2,G00
• '
14%
14%
193/4
193/4
*19%
*100
4%%
*75
77%'
*71
19%
19%
8% ft
72%
*8 Vk
26
1,000
"1,000
23,400
253/8
8%
19%
*100
77.
72%
r
77%
71
8%
8%
20
193/4
19%
19%
19% r
,25%
117%
*19%
/
3,500
1,600
23%
25%
500
118
260
1,500
20
500
101
*100
193A
20
5%
25
25
v
101
*100
101%
*100
25y8
•IS3/,
19%
19%
19%
71
77%
8%
25%
101%
19
19 y8
*75
1
25'/«
193A
25
25
25
.23%
26
117%
1173/4
700
121%
5%
23%
*25%
17
'
*120
5%
23%
26 y2
17
V
121%
5%
117
116%
17
*120
235/,
23%
*25
26%
116%
16%
1
5®/8.
5%
233A
t
:
121%
*120
5%
116%
*25
-
101 %,
*71
;
*23%
117
17
*163/8
17%
•
78;
*76
78
*76
78
71%
*70
71%
*70
71%
8
8%
ioo
193/4
*70
8y8
8
,*76
.
8
8
200
4
23/4
14%
j
133/8
2%
2%
14'A
14%
2%
25,900
I2£3A
25
14
23A
Shares
58
*993/4
16
25%
14
23A '
121%
5%
233/4
'
25 Vb
25 Ve
*16%
*120
5%
116%
101%
'
17
121 %
*23
26%:
25
preferred
100
preferred..
100
Georgia-Pac Plywood & Lumb Co_l
14%
24%
%
:
Sales for
the Week
57%
99%
16
160
105
Friday
*125% 1253/4
125%
*993/4
125
1,300
1,800
;
May 13
58%
58
83/a
127%
S per share
$ per share
58%
97%
49
*101
May 12
Sper share
125
>•;
Thursday
May 11
58
8%
8%
49 %
*100%
127%
58 3/b
,97%
97%
*8%
49
*100%
:
49 %
49
$ per share
X58
2%
80
37%
May 10
133/4
.200
37%
LOW AND HIGH fALK PRICES
Wednesday
Tuesday
,
0100
/*; 500
18%
18%
*136% 137 y4
37%
105
■
69%
*25%
37%
*
*'
*68
,136%
127%
24%
5%
1163/4
*19%
5
4,100
37%
*127
*2%
*120
5%
233/4
•
116%
*100
7%
136%
105
17
1
121% V
*26
_20
com
"17%
.
5%
233/4
«
14
73/4
1
*120
v
400
7%
73/8
37%
126%
14 3/8
1
10%
xl363/4
49%
13%
14%*.
2,100
'I'
•
10%
37%
49
243/4
r.
10%
10%
194
67%
•s
49%
99% ,99% *
*1.7:%-: 16
2%
14%.
„100
Gen Tire A Rubber Co
37%
59
59%
.125% 1251/4
13% t'!
70
3,400
:rl—
161
*158
;
.
•''
'
139%
*138
/
(
25%.?
*2%
100
3,400
106%
43%
26%
*18%
$ per share
*24%
1
1,600
3,200
'
.
105%
10%
10%
161
'
5,400
68
*25%
19
37%
8 3/8
7%
7%
*67
May})
*13%
i
No par
com
10%
*10
'
—10c
—
7%
*102
105%
*158
•
10%
*10
43y2
44%
*102
10%
161
*158
10%
*106
106%
.
433/4
105:
10%
10%
161
26%
Monday
16 Vs
;
19%
*101
99%
*102
10'A
68
126%
'>
105
*106
433/4
43%
43%
5%,
26%
f
f
125 %«
,99%
No par
—
May 7
59%'
_5 .'
Corp
Gillette Safety Razor com
$5 conv preference
Gimbel Brothers
$4.50
conv
13%
Apr
7
16
*823/e
*74%
243A
19%
19%
19%
56
*52%
52%
52%
52%
52%
7%
7%
1
100
8
10
7%
8
*107
"
'
53
108
>107
16% I
*16
*16
62%
61%
101%
101%
42%
Nopar "
No par 1
42
*1033/4. 104
12!%
■
2%
v
7%
:
2
2%.
7%
73a
.'
•,
100
.
180
8
3,300
'
*22%
23
*95
,■:)
143/4
*34%
35%
No par1
No par
1
*12%
S
12%
106%
*16
16%
6iy2
101 Va
.42%
42%
*103%
104%
12%
12%
12%
2%
8
2
:-
7 3/4
104
12%
13/4
2
x6%
7%
7?
-
1%
6
6'A
6%
*
100
2,000
300
1%
6Va
22%
22%,
22%
223/4
23
23
22%
223/4
223/4
23%
96
5,700
'
19%
"
T
96%
96%
95 "''1
96%
-•
300
900
.
7,800
95%
90
14%'
14%
96% V
143/8
*95
*14%
14%
14%
*14%
14%
14%
14%
35%
34%
35
*34%
35%
*34%
35%
*34%
35%
200
12%
*12«/4
12%
37%
17%
373A
30%
17%
173A
1,400
3,600
2,800
"37%
":i7%
136
*64
*95
12%
12%
12%
12%
12%
37%*
37%
37%
37%
38%
17%
17%
17%
17%
17%
136%
136%
136 %
137
*13%
13%
13%
11%
11%
*
*963/4
98
18»/8
18
53/4
*92
12%
*46%
5%
95
12%i
47%
*96%
18
I
5%
*92
12%
*46%
65%
65%
65 v8
66
65%
19%
19%
19%
19%
19%
137
70
70
*64
37
36
*133/4
13%
300
11%
11%
11 y8
,11%
15,000
98,
96%
963/4
963A
113A
96%
18%
18%
183/a
18'A
18y4
2,900
6%
3,700
18y8
*5%
5%
,*13% >13%
6
6
6
6
70
36 Va
800
70
10
92
>♦
123/s i
48
65%
19%
*135%
137
*64
*36
*96 %
18%
.
*135
137
300
70
3534
98
95
17%
,.
13%
11%
11%,,
12%
37%
\
11%
133/4
113/4
*
.
363/4
13%
*64
13%
48
11%
1%
21
11%
*46%
12 Ve
1%
19 Ve
*133/4
-
12
21
3
6
*103
21%
No par
12%
1,100
71,300
104%
19
Greenfield Tap> A Die Corp
Greyhound Corp (The)—
Common
95
12
*103
19
70
12%
2,800
21
36%
*92
700
41%
104
193A
*64
: *53/4
102%
21%
*36
$5 conv preferred—-——No par
*101%
..' 41
193/8
36 3 4
Gulf Mobile A Ohio RR com.No par '
$5 preferred.
No par <■
Gulf Oil Corp
25
Gulf States Utilities Co
-No par
613/a
21%
70
18 Vn
15%
61%
19%
35%
98
*15%
22
37%
18 Vs
60
16
22
12%
373A.38
*17% ' 17% ' "
*135
135 >/2
*963A
107
*19
70
*
300
13,400
19%
*363/4
.—100
Aircraft! Corp___
10
Guantanamo Sugar common
1
3,400
8 3/8
22%
*64
preferred-^—
2,300
19%
62
41%
6s/a
26 %
10S %
101%
,
75%
19%
l
4%ft
Vs
41%
2
100
8,600
52%
101%
\1
6,400
!
107
613A
6i%
101V*
104
8
xl6
42%
103%
8%
16 y8
101%
62
*52
*105
42%
61%
19%
52%
1061/2
101%
19%
19%
8
42%
62
26%
26%
26
-
8y8
101%
*74%
*52%
19%
52%
8
107
L) Ca Inc_^__—
Grumman
253/8
19%
*52 Vs
"
*34%
96%
*14%
25
14
96
19%
22%:.
;
No par
*16
163/,
75%
27%
84%
.14 Ve irfi
14
*74'A
-27%
*82%
,
84%
.13%,'
'
22%
.7
*19
*22%
-
107
108
12% r 12%
T
12%
.
103%
r
8
*82%
75%
25%
*74%
25%
19%
27
26%
263/4
84%
13 fW:13%
<
75%
75%
25%
42%
pfd—
.
*74%
Graham-Paige Motors
1
Granby Consol M S & P__
5
Grand Union Co (The)
10
Granite City Steele
No par
Grant (W T) Co common.
5
3% ft preferred
:
100
Grayson-Robinson Stores com
1
Gt Northern Ry 8ft
13
19%
*61%
Gt Northern Iron Ore Prop
26%
,
84%
"13*»
•
25%
*101'A
$2.25 conv pfd—1
*•
75%
No par
.
27
*823/s
w
19%
Nopar
;
83
*74%
com——Nopar
com
26%
275/s
.13%
*25 Ve
;
Goodyear Tire & Rub
$5 preferred
Gotham Hosiery
.13
i
2.50
Brewing Co
Gold & Stock Telegraph Co
Goodrich Co (B F)
$5 preferred
26%
83
84%
>
-No par
Goebel
Inc
...
13%
>
No par'
preferred—
Goodall-Sanford
*82
5
273/4
27%
'
No par
preferred
Gleaner Harvester Corp
Glidden Co (The) com—
4%ft
No par
common.;
Green (H
Jun
9
'
104
*124%
10c
3
Jan
40%
85
Co
3
77
Feb
25% July
'S
,
*158
10%
49
58%
Equip Corp—Nopar "
38% Jan
Apr
5% Mar
10'A
161
139%
V
$ per share
par
1
144% Mar
60
44
Cement
:
Par
Great- Western Sugar com—No par
7ft preferred- -——
100
Green Bay A Western RR—_ 100
29%
16% Nov
*102
105
*97%
■
8%- ■'*,
*
38% Mar
15
31
17% Mar 28
64%
94% Mar
96% Mar
Jan
48% Jan
24% May
-
Advertising—No
Portland
106
106
106
5
*25%
'
26 % May 10
Jun
3
'
47% Mar
43'A
41%
49
'
Saturday
-
>
No par *
75
14%
STOCK
4%
71
Nov
*105%
)
.
300
15
37%
'97%* r
*8%
*100'/a
°
General
90
May
82% May
122
173/4
15
*138
*
*126 % '126%
4
Dec
Mar
173/4
15
26%
423/a
97 Ve
*48
4,
Jan
113
/
l
4
72%
6%
No par
26 Vs Apr
22 % Apr
76
Mar
42%
*
Nopar '
5
4
18
14%
*19
'37%
37%
No par
General Shoe Corp.
21% Jan
May
26 3A
139%
;
Gen Steel Castings $6 pfd
General Telephone Corp—
Feb
55% July
173A
151/a
*67
'68
*138
11
102% Jan
28
"
■
7%
100
-Nopar
27
4
25
Nov
173/4
15
10%
19%
Jan
18
48% Feb
17 3/8
15%
10%
10
26%
Jan
99% Apr
19%
173/4
15
*158
161
10
*19
28
Dec
85%
17%
14%
*102
•
10%
10
*67
122
Jun
Dec
105
*158
h :
Mar 14
30
75
43%
*102
—
6%
Dec
25
181/4
'
50
Gen Realty A Utilities—
General Refractories—
Apr
96%
17%
44
100
Gen Railway Signal com
Jan
5% May
24% Jan
18%
Dec
5y8
26%
106
General Motors Corp com-.—
10
$5 preferredNo par
Preferred $3.75 series——No par
Gen
21%
98 %
Dec
5'/s
*25%
43%
114% Feb 25
29% May
30% May
Feb
51/4
26%
14%
No par
Gen Public Service
Dec
17
5%
*105%
43'A
400
123/4
145/8
*25 7/8
106
*105%
18
*12%
51/8
15
5
*171/4
•
13
26'A
18'A
15
400
5%
*18'/8
l
No par
-
12%
15
37%.
14%
26'A
5%
5%
*25"%
*5
37%
261/4,
51/4
26%
■.
Gen Precision
22%
87
12%
12%
*25%
l
100
—
General
7
16 % Mar
4% Feb
Jan
27%
171/4
*12%
No par
General Electric Co
General Foods Corp com
$3.50 preferred
25% Jan
10
Feb
102%
171/4
12%
preferred—-
Gen Outdoor
110%
Dec
14%
17%
123/4
1.66%
4% conv 2nd preferred
General Cigar Co Inc com
7% preferred
16% Apr 28
21
16% May 12
121% Mar 16
May
132%
25
11% Jan
6% May
30% Jun
24% Nov
Feb
12% Apr
2% Feb
4% May
15% Jun
4% Mar
22%
Jan
17%
18% Dec
*14%
171/4
50
$ per share
25
10%
14%
17'A
*14%
*17%
13
com
EXCHANGE
56% Feb
Feb
143/4
171/B
12%
100
123% Jan
2%
15%
17%
12%
8%% conv preferred
Jun
12% Nov
*14%
17%
-—No par
100
Nov
.16% Feb
153/4
*17
General Instrument Corp
125%
66
*15
General Mills common.
5ft preferred
Oct
119
*8%
*37»A
11
$ per share
Sper share
8 3/8
373/8
8%
37'A
Transportation
NEW YORK
2,300
8%
37%
8%
37'A
2
General Cable Corp. com
Highest
200
8 3/4
8 3A
*37%
9
8%
371/4
Baking Co common
5"
$8 preferred
No par
General Bronze Corp
5
Range Since Jan. 1
1,400
8%
13
Lowest'
Highest
700
5%
16%
37'A
STOCKS
Year 1948
63,4
5%
*16%
6%
53/4
*16
16%
*6%
53A
16%
*6%
5%
55/8
*16
No par •
Industries Inc
Range for Previous
Lowest
53%
8%
14
107% Jan 13
6 3/B
6 S/8
6%
16'A
37%
52% Jan
3
53/8
*16
8%
97% Apr
13% Jan
127% Mar
6 5/b
5%
*363/4
General
1st
6aA
16%
No par
$4.25 pfd series A
4%
53/4
16
16Vs
5
Corp (Thc)_:
Amer
6%
7
5:'/4
5%
*16
50
com
preferred
Wood
*6%
1
20
Gamewell Co (The)
Gardner-Denver Co
General
11
Dec
9% Feb 24
conv
i
com
Gamble-Skogmo Inc
5ft
1
_
$4.50 preferred
46% Jan
Jan
(The)
Gair Co Inc (Robert)
6% preferred
General American Investors com
July
18
34
15% May
106% Apr
106
Gabriel Co
4%% conv preferred
Gaylord Container Corp
23% Jan
7
28 %
xl25
3
32% Feb
Feb
15
Nov
25
10
14% May
72% Sep
4
■
92
95-
*92
95
12%
12%
12%
12%
47'A
48:
12%
48%.
2,800
48.
12%
*47%
65 Vk
643A .65%.
193/4
193/4
7,700
8,400
*47
,
65 Va - 65%
19%
193/4
*92
.65
193/4
'
,
19%
200
'I
THE COMMERCIAL &
(21141
22
NEW
t per share
$ per share
Saturday
Par
$ per share
-
HIGH
AND
SALE
PRICES
Monday
May 7
,
Monday, May 16, 1949
RECORD
LOW
STOCK
EXCHANGE
Lowest
Highest
YORK
NEW
Range Since Jan. 1
Highest
*ear 194*
tper share
STOCK
STOCKS
t»n(e for Prerlooa
Lowest
YORK
FINANCIAL CHRONICLE
Tuesday
May 10
$ per share
May 11
$ per share
S per share
$ per
for
the Week
May 13
May 12
* per share
$ per share
Sales
Friday
Thursday
Wednesday
May 9
...
Shares
share
H
31
Feb
35%
Oct
31
Jan
4
33% Mar 30
Hackensack
Waier
15%
Nov
221/4
Sep
10% Feb
11
19% Jan v 7
Halliburton
Oil
3
13% May 12
Hall
Printing Co
13 ;
Mar 29
Hamilton Watch Co
81
Jan
12%
12%
Dec
161/4 May
Dec
Mar
89
Feb
107
'
Jan
24
104% Apr
Jun
21%
Feb
2714
4
July
150 Vz
Jan
20 Va
Dec
4%
Dec
8
•*.■78
Jan
20
Jan
5
6%
Feb
IIV2
Feb
ll'/a
Jun
Mar'
20%
'
X20
.
4
Hart
14
Hat
4
Schaffner.&
Marx
Corp of America
% % preferred
Feb:11
Hayes
22% Mar 14
Jan
19% Feb
/3
2714 July
20% Jan
13
78
Jan
91
Jun
84
Jan
17
29%
Dec
42
Jan
30
Jan
3
95%
Jan
103
May
98% Jan
14
22%
Nov
Nov
23% Jan
4
28 % Mar 30
23 % Feb
4
...
91% Feb
24
36
Mar 30
100% Mar
1
Glass
3%%
3.65%
Helme
CO—i
7%
preferred
Dec
Oct
34% Jan
6
38% Apr
21
2214 May
13% Jan
4
5714
40% Mar 25
15
Apr
46% Jan
18
Hercules Powder common-
127% Jan
27
5% preferred
Hershey Chocolate com
( $4
conv preference
120%
25%
Dec
Oct
Mar
128 Vz
Feb
3034
Apr
122% Feb
15
26% Mar
123% July
32% Apr /5
1
116% Jan
5
16% Apr
122
20
Jan
15
17
Nov
27%
17%
Nov
28% May
16% May
3
21% Jan
7
Heyden
78
Oct
8614
79% Jan
3
.84% May
6
9
5
Dec
14%
Jan
8% Apr
12%
Dec
2514
Jan
12% Jan
21 Va
Feb
20% May 10
9%
Dec
29% May
1614 May
9% May
30%
18 % Mar
s21% Jan 26
14
42%
Feb
34% Jan
41% Apr -'4
Homestake
24%
Nov
35%
Jun
x24
Hooker
99
Dec
Dec
102
96
11
Dec
18%
3
29
29
Jan
3
108
Apr
30
99
Apr
>
29%
Dec
40%
Jan
30
Feb
Nov
34%
Jan
28% Jan
Oct
94%
Jun
86% Jan
6
38
Mar
"38
•
42%
"125%
Household Finance com—
3%%
48% May
4
12
Houston
35"% Jan
23
Jun
13
27
15
Jan
20
Howard
47
Jun
37% Apr
29
46 % Jan
20
Dec
5% Apr
14
8% Jan
8%
Sep
14% May
34%
Jan
50
Dec
22%
Jun
9
Feb
26
Dec
19
Apr
8% Feb
28
Dec
5
May
1% May 12
Jun
10% May 13
12%
10 Va
2
12%
Sep
14%
Motor
Foods
Corp
No par
"48
Jan
Car
"21
21%
21%
19%
19%
19 Va
Va
26 V2
26 Va
2 6 Vz
41
41%
41%
41 Vz
41%
41 %
40%
26%
"26
t per share
$ per share
30%
Apr
27% Mar
35%
42% July
22% Feb
6 2'/a
Fr.b
90
77% Mar
$ per
share
27
98
11%
11%
"96%
11%
31%
31%
31
31%
94
50
120
98
11%
*31%
1,200
11%
33 Va
11%
11%
32
32
31%
31%
31
31
93
93
92
93
LOO
31%
93
48%
.
48%
47%
48
47%
47%
47%
47%
47%
47%
2.
34'/a
34%
34
34 %
337a
34%
34 Vz
35%
35%
35%
7 809
13%
*13
13%
"13
39
39
38%
6
*5%
5%
"93
*13
39
39
13%
39%
5%
5%
5%
38%
38%
38 Va
38'%
x37%
11 Vz
11%
11 Va
10
2
2
11
11
9%
11%
11%
*9%
/
11 %
10
;
"9
10
2 Va
2 Va
9%
2 Va
2
11%
*11
;
9%
*11
LOW
*9
11%
AND
HIGH
Saturday
Monday
May 9
May 10
share
32%
i per
9
40%'
•
5 %
11%
11
700
5%
*9
11%
1%
2,500
40%
9%
'109
38%
3.100
11%
11%
8.600
*9%
38
xlO
00
38
10%
%
38
•
•
10
2
/
'
1 %
107a
11
Wednesday
May 11
Thursday
$ per share
$ per share
32%
$ per share
share
9%
-
.
100
13%
*13
5%
3.400
1,200
5.
2
00
1.100
10%
SALE PRICES
Tuesday
May 7
9%
40%
*5 %
10 V*
2
*9
13%
•40
-
11%
10
*13
37%
"32%
200
104 Va
31
9%
$ per
27 %
104%
*96 %
98
93
2%
Par
*26 V*
104 %
5,000
31%
11%
STOCK
104
98
11%
31 %
31%
26 Va
25%
104 %
*96%
600
41V*
94
"9%
$ per share
25%
104%
104%
"96%
38 Va
EXCHANGE
Highest
"104
32
31%
700
19%
2G
,—1
YORK
NEW
Range Since Jan. 1
Lowest
Highest
200
19%
26
11%
"31
34%
11%
9%
19%
"9%
"11
*9%
9%
1,700
26
38%
No par
9%
9%
21%
19%
STOCKS
Year 194K
"9%
.00
15
25%
6.66%
Hussman Refrigerator Co
9%
9%
2,800
14%
21
21%
:
9
9
*14
*14%
;
25%
"19
98
"93
48%
34%
20%
Nc par
Inc
—
Range for Previous
Lowest
32%
20 %
104 %
11%
32
15
9
40%
"96%
"31
14%
*14%
27
104%
96
11%
*14
15%
10
"26
105
96
"11%
9%
14%
*14%
19 %
40 %
26%
9
15
15%
25%
19%
6
Hunt
14
"25%
"3%
9
1,900
17%
84%
"14%
14
300
17%
17 Va
*83 Va
"14%
87'a
130
17%
21%
"9%
39
Hudson
*17%
500
118%
84 V*
9
"25
40%
"5%
Hupp
17%
17
*83%
15
21
9%
"38%
2% Jan
*17%
15%
8%
15
"14%
"104
Hudson Bay Min & Sm Ltd—No par*
14% Jan
17%
17%
17%
5
11% Jan
•
40%
100
117%
84%
93
preferred
17%
50
125
30%
*30
30%
119%
17%
3 "/«
V
*123
125
30%
*118%
"83%
13%
non-cum
*123
30%
119%
17%
39%
.1
124
30%
"113%
31%
119
•17%
9, ..00
84 %
93
Howe Sound Co
18
•600
43%
17%
32%
Corp
118%
124
125%
*30%
20
14%
43 Va
*83%
"13
5%
47% Jan
x37 % May 11
Stores
125
31%
"17%
25%
25
38 Va
*13%
17%
No par
t c
38
14%
43%
84%
—100
v
38%
137a
43
"17%
Hudson & Manhattan common—100
11% Mar
9% Mar 14
Nov
Houston Oil of Texas
*38
"
1,000
43
"83%
S%
50
38%
14
4
84%
No par
preferred
Light & Power
*33
14
"25
5
38%
427
"19%
_..No par
15
43% Mar 10
8%
Co
23 V*
14
5
$4.50 div.No par
28
43
18
8%
12.50
*99
28 Va
42 %
127
500
99%
99%
*27%
"38
120
200
•
"99
17%
17
92
35 %
28'/a
"13%
"30%
35%
99%
13%
"125%
*90%
28
38%
"119
1,800
%
*98%
42%
31
20%
22
*22 >4
22%
23 Vs
13%
127
22%
99%
42 %
119
20%
22%
50
300
G.uUO
28%
14
10
11
95% Mar 14
29% Feb
Sep
30%
119
100
6 Va
"98 %
28
42%
30
Houdaille-Hershey com
$2.25 conv preferred
Oct
7
"38
"13%
100
preferred-
cum
Jan
3%
•
38%
25
No par
preferred
Mining—
pfd series A
Jun
Apr
99%
No par
Electrochemical
$4.25
Dec
33
M
2nd
3
49
Feb
14
r
13
May
38%
20%
"98%
_No par
32% Jan
6
81
35%
28
700
7-• v
20%
92
*55%
No par
32% Apr
11
27
Jan
Mar 28
12% Mar 30
10% Feb 25
Jun
*90%
36
21%
Nov
103
92
35%
99%
■":•
//:
6
20%
*90%
28%
& Sons
(A)
conv
20%
36
2cr%
.
90
7
6 Va
92
"21%
29 Va
5%
20%
v/
7%
6 %
6%
"90%
"98%
Holly Sugar Corp
1
7%
.
6%
6%
"7
36
5
27% Apr
"7
.7%
36
~
500
/
5 Va
6%
20%
'
:
.
63 Va
92
Co
24% Mar 10
*4%
63%
"35%
Holland
Hollander
"7
/
5%
63 %
"90%
15 %
18
■
21%
"4%
*62%
36
15
21
*21%
21%
5%
63%
92
"14%
10% Jan
21%
21%
"4%
*62%
"35%
"14%
22% Jan
V-r-
*
22%
a
47
"90%
1
2
300
13
105%
63'/a
*22
7
v
6 %
The
8
21%
21%
22%
Hires
Oct
2,900
144 Va
*142
"99
Hotels Corp—5
Hlnde & Dauch Paper Co (newt —10
30
*21 Va
21%
142
142
20%
Hilton
Feb
21%
7%
6 %
"83 %
Dec
"
7%
6%
"
Furnace
*104%
'
7%
"17
15%
Jun
4%
*62%
6%
1
25
21%
*
143
f
78%
*77
105%
22%
2
24% Jan
5%
63%
*7%
v
5
E)
21%
"62%
Z
5%
63
100
(C
J 21%
"4%
22
'4%
preferred
Co
<404%
13%
*12%
•
20%
4
7
*141%
13
18
13%
13%
78%
22%
May
,
105%
22
22
143
13
*77
20%
May
9% Jan
"141
13%
12%
4,000
17%
18
100
33%
*32
32%
22%
15
3
*104%
22
"21%
'
13%
78%
12%
"77
105%
18
"20%
15
May 11
"21%
V, v 63
Chemical Corp
cum
22
"1C5%
143
13%
13 %
"31%
18%
"22
Inc
Hewitt-Robins
X22
"141
"27%
preferred
Motors—,
3%%
Jan
Jun
22
100
Dec
114
105%
143
—10
Dec
non-cum
"105%
105%
13%
34
25
tyG W) common
Hercules
78 %
"32%
18 %
100
13%
4
12%
"77
"21%
5.
Co common--—
34%
Apr
"12%
78%
"141
—15
41%
35%
12%
"77
2
preferred
(H J;
100
2—
Hecht Co common-,.
Heinz
"12%
1
—
—;—1
Mfg Corp.-*:.
Hazel-Atlas
12%
13
78%
"105%
10
common
Hayes Industries Inc
9% Jan
Oct
•18%
33 Vz
4
8% Mar 14
7
*32%
18%
"77
„
19
32%
18%
18
"12%
100
Co 84.25 pfd—No par
iMA)
33%
18
•13
"12%
5
No par,
com
33%
17%
13
"32%
V
Cementing—5
Harbison-Walk Refrac com__No par
6% preferred
2
100.
5% Jan
20%
2414
25
Well
preferred.
conv
Hanna
67% Mar 21
i
.
F>
May 13
7
6
Jun
6%
61
Feb
A'/e
24% Jan
3
4% Jan
34 % May
149.
May 12
20% Jan
Jun
Dec
59
t
142
6
106% Feb,' 2
23% Jan 13
20% Mar 22
Jun
146 Va
4
11% Mar
73
Jan
X101%
Jan
12
xl4% May
79
(W
for
Sales
Friday
the Week
May 13
May 12
share
Shares
22%
32%
5,300
26 V*
26%
6,800
$ per
I
Jun
X32
July
84
Jan
6%
4
96
Jan
Leased dines
Sep
97% May
37% July
96
Jan
20% Feb
25
/ 26 %
Aug
30
25% Jan
4
9%
Feb
12%
Jun
20%
Nov
25%
Jun
•
„
28 % Jan
31
8% May 11
21% Jan
10% Jan
Nov
15%
Jan
38%
Dec
56
Jun
33% Mar
58%
Nov
76%
Jun
57
Apr
Jun
155
150
Feb
160
41% Jan7
4
26
67
Jan
3
Jan
11
165
32% Apr
25
34% Mar
47%
15ya
12 % May 10
Feb
21% May
8% May
Jan
Dec
23% May
12% Apr
86% Jan
30
13
86
Dec
103
Nov
8
Jan
1%
Dec
3% May
11 %
Feb
16% May
125%
; 26%
160
5%
Feb
156
11
5
Int'l
Harvester
28% Jan
7
3
170% Jan
20
7% Jan
24
Feb
38 Vz
Jun
24% Mar 10
2,9
93
Jun
73% Jan
17
81% Mar 11
3% Feb
26
4% Jan
10
27% Apr
21
31% Jan
7
14
137
: May
Jan
143
8
4%%
96
*96
98
*96
98
*96
93
*96
93
—1090
"22%
23
22%
22%
*22%
23 V*
22%
23
22%
22%
22%
22%
30%
30%
30%
30%
30 %
30%
30%
30%
30%
30%
30%
31
5
8%
8%
"24%
24%
247 a
Feb
8
Preferred
7
53% Jan
7
300
30
6"0
4,200
"6%
"7%
"36%
■i
37%
6%
8%
8 %
8%
8%
•8%
8%
8%
25V*
25%
25%
8%
25%
8%
25%
25%
25%
25%
25%
6,300
A
1/64
1/64
1/126
1/64
63.2QO
6 Va
6%
6%
6 Va
6%
6%
400
~6%
*6 Va
*
6%
2.200
•37
37 Va
37'/«
37 %
37%
38%
38%
39%
V" 39%
39%
2,300
61
61
59
60%
61
61
61
61
61%
61 %
61 %
62 %
2,100
100
"159
165
*159
-159
165
*159
165
34
34
33%
34 Vs
33%
34
x33%
341%
33%
34
34
34 %
G.200
13
12%
12%
12 %
12%
12 %
12%
12 Va
12%
12%
13 '
5,800
8%
8-%
8%
8%
8%
8%
8%
8%
*8%
8%
760
12%
12%
92%
13%
12%
12%
13
13%
13%
13%
1,500
92 Va
"91%
92%
"12%
2
1
"8%
8%
common.
5
12%
12%
92%
:•
165
13
*159
165
165
*159
•
100
"91%
92%
*91 %
92%
*91%
Rubber
_No par
"1%
1%
1%
1%
IV*
1%
*1%
1%
'■TV*
1%
1%
:.
:No par
11%
11%
11%
11%
11%
11%
11 Va
11%
11 Va
11%
11%
163%
163%
161%
161%
No par
"163
-No par
common
24%
167
7%
27%
100
:
Mining
International
99
32%
1/64
Corp
"80
%
1
of Canada com—No par
5
•
-
No par
preferred
,4%
Int'l Nickel
Feb
Mar 26
8%
par
Mex, S A
Machine
International
Jan
May
96
7% preferred
—100
Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com
5
45
.4
98
1
Iron
94
July
De
Corp
preferred
Business
24
99
"96
preferred
Int'l
May
5% Feb
139% July
64% Jun
6%
5
165
164% Jan
Feb
80
26%
Inland Steel Co—?
No par
Inspiration Consol Copper—.
20
Interlake
Dec
86
*79
common
Intercontinental
Jun
42% Mar
79
Rayon
7
Jun
■.
Industrial
Ingersoll-Rand
13% Jan
Jun
.
Industria Electrica
Interchemical
9%
Oct
26%
79
Co
26
Jan
174%
5 % May
23
79%
Insuranshares Ctfs. Inc
x34%
34'/a
26 %
*79
Indianapolis Power & Light—No
Rights
16
Oct
Jan
Illinois Terminal RR
8
Dec
3 % Mar
32%
26
79
No par
8
23%
-
32%
257a
79
Power, Co
25
Nov
24% Mar
32%
25%
79
100
Apr
71
135
32%
26 Va
79
clfs series A
93% Apr 20
2% Jan
8
23% Mar 23
32%
25%
79%
4%
18% Jan
,15%'
29
xl 45% Jan
Dec
Illinois
32%
26 %
"79
common_100
pfd
8% Feb
>
1% Mar 31
11% Apr
stock
20
ser A—100
r
Co
conv
41% Jan
3
6%
Feb
7
Mar 30
it May 11
8% Jan 10
6% May 12
non-cum
RR
May 13
26
4
1/128 May 13
7%
Co
Power
Illinois Central RR
2
95
May
Idaho
30% Jan
24
24%
Jan
Jan
35
Apr 21
.3—
Co com
167
24%
167
24%
24%
167
167
164
*27%
28%
27%
*80
81
4%
*4%
27 %
138
46%
*80
25Va
24%
167 Va
167%
167%
450
6%
6%
6%
6%
3,000
27%
28 Va
28 Va
28%
28%
2.«00
83
80
80
*80
83
•;■*:■ 4%
83
4%
4%
28 %
28
28 Va
138 Va
*138
139 Va
138
138%
20,300
25
24%
46%
46%
46%
96%
*95
96%
95
95
♦95
5 %
*6
6%
6
6
6
46%
1.500
167%
167
27%
4%
28
900
4,300
27%
27%
83
24%
1%
11%
164 Va
163
163
6%
167
167'%
6%
28%
162
6%
24%
24%
*6%
138
46%
162
7Va
28
"95
*91%
67a
7%
"137
15
No par
24%
167
28
—100
Paper
$4 preferred-*
"4%
*91 %
46 V*
*80
7
100
4%
2,300
28
28 Va
28
28%
13.000
*138
139%
*138
139%
160
47%
10.400
4%
4%
;.
4
4%
%
47%
46%
47%
47 V*
96 Va
95%
95%
*95 Va
6%
6%
300
97
t
5%
65
52%
39%
Dec
Dec
Jan
Nov
43
Mar
30
Mar
107%
64
45
5% Mar 23
Jan
x63% May
Jun
55
Jan
41i
>
46% Apr
25
35
32
Mar
s
Feb
17
International
Jan
27
International Shoe
v
57% Jan
8% Jan
3
ill % Apr
:4
8%
Nov
16 %
Jun
8% Jan
3
11% Apr
11
17-
20% Jan
20
137%
4%
Nov
Jan
26% May
35 % Jun
18% Feb
145
3
29
Feb
1
24% Apr 29
144
Mar 30
32
Jan
21
148
Feb
2
24
39% May
May
Jan
Dec
10
18
Dec
23%
Jun
13% Mar 11
79%
Dec
92%
Jan
81
3% Apr
May
Jan
12
3
39%
Feb
48
May
44
Jan
24
89%
Oct
99
May
95% Jan
17
33%
Sep
42%
Jun
33
May
100%
Feb
113%
Jun
104
May
20%
Feb
35
Oct
99
Dec
106
May
145
Jan
158
31% Jan
Jun
102
8
18% Jan
24
85
Mar
2
50% May 13
101% Apr 29
3
40 Vz Jan
7
7
110% Feb
23
Jan
7
28
36
Feb
15
104 Vz Apr
159% Feb
21
160
9
Apr 26
29% Mar
39%
Oct
25% May 10
33% Jan
7
83%
93%
43%
Apr
76% May 10
86
3
Jun
36
Feb
30% Nov
Feb
7
63%
64%
*63%
65
;No par
:
65
"53
57
56
56
*54 V2
57
42%
42%
42
42%
49 V*
49 Vz
-*48%
49 /V
*47
34
'-*32%
34
*32%
No par
Jan
Foreign
share
Interstate
Dept
Intertype Corp
Stores
10%
No par
ctfs
10%
10%
No par
"18%
No par
Island Creek Coal
$6
"27
—50c
28
common
preferred
40% Mar 16
Jacobs
(F L)
;
;
:—
"142%
10%
"
19%
-10%
10%
*19
27%
27%
10
*10%
19 Va
18%
l
50
55%
*54%
56%
100
42%
42%
42 V*
42%
1,600
47
47%
34
500
47%
*47
47%
34
34
*32%
34
10%
10 Va
10%
lOVa
10%
13,900
10%
10 Va
10%
10 Va
10%
lOVa
10 Va
1,100
18%
*18%
27%
*28
28%
28
*27
28
145
*142%
145
145
47
*32%
28
*27
*142%
19 Va
19
19%
27%
28
27%
27%
145
*142%
28
*27
*142%
145
600
19%
28
19
28 4
27%
100
900
.
"100
27%
145
• •
3%
3%
3%
3%
3'/a
3 Va
*3%
900
3%
3%
3%
*13%
14
14
14
14'%
*13 Va
14
85%
*84 V*
85 Va
84%
84 %
84
84
*84 Va
85%
20
No par
"48%
49%
*49
49%
49 Va
49%
50
50
50
50
50%
700
100
preferred—
"101%
101
101 Va
*100%
14
No par
33
100
104
i.
common
14
102
33 %
104
-
14
33%
*103
34
107
•
33%
*103
12'%
"33%
4% 2nd preferred series A
100
Joliet & Chicago RR stamped—_100
"103%
104 %
"155
166
Jones & Laughlin Steel com—No par
26%
26%
26
26%
257a
100
79
79
78%
78%
l
38
38%
37%
38
preferred series A
Manufacturing
3 %
14
*84%
preferred--
Johnson & JOhnson
3%
85
Johns Manville Corp com.
Joy
42 Va
1,600
65
"83%
Jewel Tea Co Inc com
5%
*54 V2
6%
65
10 Va
48
.34
*27%
*142%
42 Va
57
*6
*64
'..10 Va
28
-
*63%
*54%
"64
pfd—100
No par
Jersey Cent Pwr & Lt 4%
3%%
l
10 V8
42%
42 V*
'
6
65
;//
Co
Jaeger Machine Co
3%%
"32%
10 %
;;/■/;j
5% Jan
■
Salt;
"64
International Silver common——25
Jun
17% Mar
"5%
100
.7% preferred—;
j—25
International Telep & Teleg—No par
16%
22% Mar
preferred
13
4
Nov
34
5%
Jan 27
Jan
8%
29
Int'l Rys of Cent Amer com—No par
9
44
3
65% July
8
Feb
61;
Apr 21
Jan
7% Feb
71
5
Co
34
102
34
107
*100%
33%
*103
102
*13%
*106%
33%
107
33%
33%
33%
33%
103%
103 Va
*102 Vz
103%
166
*155
166
26
26
26%
76%
78
77
78
37 Va
37%
37%
33%
"103%
38%
*155
33%
102
*100%
33%
33%
107
*103%
34
33 Va
*102%
33%
103%
"103
103%
*155
163
*155
163
34
50
103
v
*155
%
300
50
102
21
May
Nov
98
May
9
May 10
12% Jan
8
98%
Dec
23%
Feb
48%,
Oct
48% Mar
60%
94% Jan
Jun
13%
Dec
101%
Dec
100% Feb
X34% Feb
52
Jan
12
99% Feb
9
11
24
3
103% May 6
43% Apr 12
56
Jan
24
3.80%
4%
100
103%
163
4%
preferred
preferred
18
May
26% July
11
May 13
17% Apr 21
7
Kayser
Feb
21% Jan
8
Dec
Kelsey Hayes Wheel
22% July
14% Feb
17 % Jan
7
For footnotes see page 28.
Class
"9%
"96%
100
City Southern com—No
non-cum
16%
14% Jan
10
100
preferred
20%
7
:
■.
26%
26%
26%
10.300
*77%
78 %
*78%
78%
550
37%
38%
37%
33
-..
,
.
3,600
• 7
9%
9%
9%
9
9 Va
9%
98%
*97
98%
*96%
9%
9%,
9%
*£ %
9%
98 Vz
*96%
1.500
98%
-
City Power & Lt Co—
cum
Kansas
1.000
i
Kalamazoo Stove & Furniture.
Kansas
X89
'
;
26%
-
K
Dec
0
100
33%
t
11%
3 2
3t%;
107,;
(Julius)
B—
&
Co
conv
par
100
"102%
4
98
103%
"40%
41V*
"53
54
*97
*102 %
39%
*52%
103 %
103%
95%
103 V*
*102%
40-
39%
40%
40%
40%
53%
53
53
53%
53%
*98%
103
5
"11%
11%
11%
11 Va
11%
11%
11%
11%
class A_1
"18%
18%
18%
18%
18%
18%
18%
13 V*
1
"14%
14%
14%
14%
14%
14%
14%
14%
103
103
*
102 Va
20
103
41%
42
42%
3,800
54
53%
54
1.900
13 Va
11 Va
11
11 Va
18 V8
18%
18%
18%
14%
14 Va
40%
*53
<
*14%
14%
2,200
1,200
-
500
Volume
Number 4803
169
THE
COMMERCIAL
NEW
Ranee (or Previous
Range Since Jan. 1
Lowest
Highest
S per share
$ per
$ per share
42 %
Feh
607/s
Nov
51
Apr
12%
iB%
Dec
19
Feb
92
Oct
llVa
63
*;■
89
56% Jan
8
■
May
7
45%
Feb
Nov.
'
",
,(
Kennecott Copper
Kern
12
Feb
62
Oct
29% Jan
.
100
14
.
Mar 18
May
5
»14 L Apr
.67
May
31% Jan
3
7
Jan
5
98
Jan
16
39
Apr
18
48% Feb
14
91
Oct
.43
Jan
,55%
3
Jan
20
44%
22,400
43
43 y4«
1,200
*12%
12%
*12%
12%
12 y4
12%
12%
12%
200
19 %
19%
19%
19%
19%
19%
19%
19 V*
1,600
*98%
99'%
•*98%
99%
99%
99'/2
*19%
19%
*98%
100
*13%
13%.
67
*64%
67
100
*30%
30%
30%
30%
96%
96%
95%
96 %,-
38%
38%
38%
38%
38% '
52
52%
52%
*51%
50
50
50%
7, 50%
14
67
30%
97y2
38%
10 1
No par
52
-—No par
*13
■
67-
•
*04%
13%
13%
*64%
:
■
42%
i
*96%
_100
-
43%
j
*98%
13%
Kress (S H). fc Co—
Kroger Co (The) —•
50% May 12
43%
42%
12%
99
,
43%
X42 %
*12%
*64%
—,
Shares
42%
43%
99
100
Co__ -
Sales for
the Week
$ per share
43%
,12%
*19
preferred
share
■
43
*12%
v*w
Friday
May 13
May l'i
S per
$ per share
*43
43
43 %
19%
No par
Kresge 76 S)
Thursday
..
43 ■'«
43%
*43
Is
26
*35% Feb
J per share
43%
43%
com
Co common
$ per share
44
43
V.
*12%.
<G R)
!
'
43%
___5
No par1
Corp
Wednesday
May 11
Tuesday
May 10
May i)
$ per share
2nd Dreferred^
conv
Kinney
May 7
$5 prior preferred-:—_^__No par 1
Koppers Co Inc common
—10 *
4
Jun
County
4%
26
1
__No par
Kimberly-Clark
11
>
par
■
13% Jan %7
Jan
'49
•
/
^
^
2,
sals prices
22% Jan
93% Jan <• 5
95% July
40%
Monday
(2115)
RECORD
Saturday
>. ■.%
28
Jun
39%
:
/'
12
46% Jan
58% July
Feb;
CHRONICLE
STOCK
STOCK
25
37%
Nov
32
$ per share
YORK
EXCHANGE
11% Feb
75
Dec
>■■■.%
Land Co
Keystone Steel & Wire Co
14 %
Mar,
-29%
YORK
18% Apr
.
104% July
Feb
NEW
Highest
share
39% Feb
.
Oct
24
'.i
42% May 11
Oct
40 y8
FINANCIAL
STOCKS
Year 1948
Lowest
&
*49%
30-/8
30
'
*13
,
*
*13-
*64%
67
38%
*51%
50%
30%
30%
95%
70
14
67'
30%
95%
50%
14
*64 %
;
38'%
'
i
55
»
*95
100
30%
30%
96%
95
38%
38%
38%
52%
52'/a
52%
52%
50%
50%
50"%
50%
2,800
53
50 Va
'
95%
.
i
38%
I
160
2,900
1,300
2,100
i
4%
4%
6% May
Feb
Dec
;12
24
Mar
9% Mar42
35
4
.
9% Feb
43
Jan
21
Feb
24
37
May
21%
Dec
26% May
90
Dec
99
10
Feb
1%
Jan.
5%
Feb
8%
16%
6
7% May 13
Dec-
r
Feb
12
11% Jan
5% May
42% Feb
8 % Feb
Jan
8
12
8% Jan .12
6
14
47% Jan
21
20 % Feb
25
.
Jun
3
4
50
-
(James)
_5
& Sons Co
com
22
10%; Mfiy 13
x24% Mar 30-
Lerner
6%
6%
4%
%
*4%
10%
10%
6%
6%
6%
6
22%
22%
22%
22%
10%
10
10
*9%
10%
47
*44"%
6%
6%
22
10%
10»/4
%
22
221/4
*4
4%
4%
*4
4%
6%
10,000
4
4
300
22
1,300
lO'/ff
/.
22 %
10 Va
800
'
*44%
24
23%
*42
42%
41%
*18%
18%
*18%
18%
*96
-
47
*23%
100
Stores
4
22
*45
v
3
cumulative preferred
6%
*
4%
22 %
10%
—:_1
Tirc-i
6%
>
*22
No par
common—^
&
6%
*4%
No par
i
Lehigh Coal & Navigation Co
_10
Lehigh
Portland
Cement
25
Lehigh Valley RR—i—1_——
50
Lehigh Valley Coal com—
1 ;
$3 non-cura 1st preferred—No par
50c non-cum 2nd: pfd—u_j.No par s
Lehman s Corp
(The)'_l__Uw_i._
1 ;
Lejhn & pink Products—
5 i
5% Jan' '7
24% Jan
4
Rubber
3.85%
24
:
Co___
pfd—75 Pesos Mex
(The)'—
Bryant
Lees
10
40% Jan
31
Mar 15
16 % May
May
26%
Jan
-
> 1% May. 10
May
Lee
23
4
Light
6%
Co
4% % preferred
Lane-Wells
Co——i
Mar 21
.
22% Jan
10% May
56
-
Lane
19
96 % Apr
37
26 % July
Jan
43
4
Jan
22
Jun
4% July
•
.26%.
Gas
Consolid
Lambert
24
20
Dec
8%
44% Jan
Apr
13 % May
-
19% Mar'!.
41%
18
Jan
Laclede
La
21
90% Jan
Jun
39
>
.<
Jan
22% May '6
11% Jan 26
7
;■ 47
.;
6
18
.
29% May
30% Mar
6% Mar 29
4
53% May
Mar
4% Mar
5
May 13
17% Jan
14 Ya May
Oct
257/a Aug.
.
4% Jan
Apr
Dec
17
97
*96
97
8
8%
*38%
y
2
;>'•
*5%.
23%
23%
*41%
42%
*41%
42%
*41 %
18%
18 %
*18%
18%
*17%
18%
97
*96%
97%
*96
97%
*96
8
•
38% y
4%
4%
2
6%
*5%
46%
46%
'
17.
1
6%
';
17
47
23%
*23 Va
24
413/4
42%
18%
*96
300
42
500
18%
200
97%
7%
7%
7%
7%
12,000
38%
38 %
39 y8
39%
2,800
4%
*4%
4%
4 %
4%
1%
; 1%
2
2
38%
'
17
*16%
*5%
6%
4*5%
46%,
46"%
47.
>9%.
10
*9%
10'
10
10%
23%
23%
23% '
23%
23%,
51'%
51%
51%'
51%-"'"'"
51%
51%
1%
*16%
6
*4'6%
47
*22'%
Corp„_4—_NO par.i
8
*447/a'
4%
38
<
..■
2
1%
47
23%
\ i%
38%
*4%
17"
7%
8%
38%
4%
17
16%
46%
-
*44%
24
2
•-
2
16%
-
47
*23%.
8%
38%
4%
:
44 7/gi
23%
42-
8
38%
*4%
v
47
*
17
16%
.*5%
6%
46%
46%
800
1,900
500
16%
*5%
6
.
!
'
-
46%
46%
2,500
10 *
10
.10 'A
10 %
10%
10%
1,400
23
23%
'<22%
23 %
23'
23ya
2,300
51%
-,
51% "
51%
51%
51%
52
2,800
'
43%
Dec
56%
Jun
Nov
8
10%
Apr
38%
Jan
34% Jan
91
Jan
72% Apr
170
Feb
34% Feb
16
41
Feb
24
i0%
Feb
24
31% Mar
Mar
82
157'
Oct
33"
<
Nov
8%
44% Jan
Nov
47
May
13%
53% Apr 18
8% Mar 30
Libbey 'Owens; Ford .GlasS-u—No
Libby
McNeill
&
Libby——
Life
13
37% Apr
88% Jan
22
14
175% Apr
1
% 7% May 12
174% Mar
>
4
Jun
8
55% Mar,-
70% May
15%
Dec
23%
Jan
14% Feb
68%
Dec
85
Jun
70 ■*". May
13%
Jan,
Dec;
24%
Jun
10
16 % Feb
58
r
21% May
,
14%
138
2
78
V Jan
27
5
22% Apr
5
3
21*
19
21%
19% Jan
Jun
23
Nov
25
Nov
37
Dec
50
153
May
Feb
91
Dec
35% May
98 % July
17
Nov
24%
'
Jan
$ per share
Dec
40
Jan
129
Oct
142
Feb
13%
Dec
27%
Jun
Mar
2'
24
14
Jan
24
4%%
$ per share
14% Mar
3
30
138
M
6
100% Apr
6
Nov
15%
Apr
10% Jan
3
13
Jan
Feb
24% May
14
May 13
20
Jan
Dec
10
Apr
22
525
Apr
450
Feb
25
10%
Sep
Dec
13%
Jun
/ 15%
Dec
26
Jan
5%
Feb
14%
Jun
6% Feb
19% Jan
6% Jan
13
6%
Dec
May
8
15
Feb
22%
Dec
92%
Dec
103%
9%
Nov
22%
Apr
11%
Dec
19%
Jan
17%
Sep
29% May
Jun
Feb
69% July
18
Dec
27% May
27%
Feb
45
Oct
Nov
176
Jan
47%
Xl65
35% Mar
24
Mar 25
Apr
21
Manatl
Sugar
12
Mandel
Bros
7
23
10
Marathon
Midland
St
Marshall
12
22
57% Jan
13
21
19% Jan
4% '/o
Field
(Glenn
L)
Masonite
Master
16
4
11
94% Mar 22
93% Mar 29
77% Aug
8% Dec
85
Jan
80
Feb
23
83 % Mar 28
7% Apr
16
9% Jan
7
35% Jan
1%
41% Mar 21
Jan
Jan
11
May
1
19% Mar 22
25.
Jan
10
McCall
36% May
Jun
30% Mar 23
33% Feb
17
McCrory
Jan
101 %
90
Jan
4
97% Mar
29
Nov
42%
31% Apr
29
36% Mar 30
McGraw
Feb
24
34
McGraw-Hill
Apr
21
Electric
Mclntyre
McKesson & RobbinsTnc
92% May
3
97
18%
Feb
Jun
96%
73% Apr
Jan
19
$4
Porcupine
McLellan-Stores
17% Mar 11
McQuay
17 % Jan
Mead
15
Norris
Corp
82
Jan
13
Dec
46% May
4
34
Jan
12
4%
20 %
Dec
25
Jun
20% Jan
3
28
Melville
Shoe
11%
Dec
19% May
62% May
8% Apr
29
22% Apr
13% Jan
Mengel
Co
41
May
13
Apr
47
'
Dec
25
49
5
5
*39
Oct
10% Mar
:
18% July
104
Jan
10% May
4
2
69% May 12
16% Feb
For footnotes
see
page 28/
24
20
*100%
172
*171%
39%
172
39%
39%
*92
93%
*82
33
*31 %
33
*31%
110%
22
•110%
>'
7
7%
16
7
*7%
*16
490
7%
2,400
7%
300
yl6%
9%
9%
20%
9%
20%
800
7%
10,800
7%
1G1
10i
7%
7%
16%
20%
17
2b %
20
20%
101%
7%
•
21
16%
*16%
,101
3%
9%
9%
12%
12%
12%
44%
20%
101
20%
*99
6,500
44%
120
17
20%
101
2,900
■'
80
10
3,700
12%
12%
6,000
45
45
9%
10
12%
22
21%
172
1,300
*171% 172
*171%- 172
39%
x39
39%
39%
39%
93%
*92
93%
*91%
93%
*91%
93%
93%
93
93%
*92
93%
*92
92%
83%
*82
83%
*81%
83
*81%
83
40
7%
7%
*7%
8
40
39 %
39%
7%
7%
33
*31
*31
33
*31
33
110%
"110%
110%
21%
*21%
21%
21%
21%
32
32
*110%
7%
21%
22
32
44%
110%
32
32%
32
32
*96
97
*110%
110%
32
Jan
4% '/o
8
22
pfd
2nd
5 %
*31%
31%
32
*54%
*110'/a
2,700
250
33
110%
33%
*20%
21%
21%
900
32%
32 %
800
*16
series!
(1st
20
20
Merch
&
29 % Apr
20
Merck
& Co
Mercantile
$3.50
26
Mar 14
23
May
139% Mar
Machine
4.35%
8%
com
Copper
Steel
3.90%
com
12
12
Minn
52
May 5
94% May 10
77
Mar IE
Minn-Honeywell
*41%
13%
$4
May 12
14% Jan 15
Feb
19
Mar 31
.*100
.
r"*
;
8
31
*71%
73
*31%
31 '/a
22%
9%
9%
42%
*41 %
42%
*413/8
13%
13 Va
143/a
14%
*413/B
13%
*7%
8
8
8
423/4,'
14 5/8
8
*
41
8
3/a
41
14%
100
2,200
300
*8
28%
28 %
28%
28%
28%
29 Va
*92
94%
92%
92%
*91%
94'A
*91%
94'A
200
20%
*20%
20%
20%
20%
*20%
20%
20%
20%
1,500
35%
*35%
35%
35%
35 %
*35
35'A
34%
34%
300
100%
100%
450
35%
101
109%
*109
28%
100%
101
109%
*109
28%
100
100 %
100
100%
109%
109
109
109
109
9%
9%
9%
9%
9%
9%
93/4
43%
42%
43%
42%
43%
X42%
*22%
23
22%
22%
133
132%
132%
12%
12%
12%
*8%
8%
8%
8%
51
*105%
106
22%
22
133%
*132
22
133%
■
r
12%
12%
12%
12 3/a
8%
8%
8%
8%
8 3/a
51
51
50%
51
51
51
93
93%
93%
94%
94%
94%
76
74%
75
74%.
75
*105%"
106
*74%
*105%
106
22
'132
12%
12%
_No par
22%
*132
•
105%
29
101
43%
105%
50%
*94
74%
106
*109
9%
43
Va
120
10
103A
6,600
43%
43%
6,100
21%
22
IO934
14,600
22
1,600
133%
20
12%
12%
12%
1,600
8%
:'8%
8 3A
1,000
50%
2,200
133%
50 3/a
51
95
*13?
%
74%
106
.94
73%
*105%
94
733/4
106
200
1,200
140
11%
*11
*17%
2,600
*14%
10 %
—25
4,500
9%
41%
43%
preferred—
100
22%
9%
92
35%
*71
73
31%
9 %
14%
9%
_1
400
22%
39 Va
*8
600
1,100
22%
143/a
43%
—100
*31
15
15%
28%
100%
'
109
preferred-—
15%
*71%
73
9'%
y
V 15
31%
22%
No par
common
15
15%
9%
*132%
3
*713/a
**30%
15
15%
'/
15%
22%
5
A
73
31
15
9'A
9%
*7%
203/8
r
22%
22%
9%
■
15
153/a
22%
_100
com—
series
*71 3/a
20 3/a
*
20%
74%
2nd
15%
92
94%
$1.50
153/a
15%
28%
74%
1st
20%
20%
15%
55'A
20%
*50%
pfd
20 Va
>20%
15%
55%
*55
92
*92%
$5.50
-
100
&
Minneapolis-Moline Co
25
pfd_100
new
Marie—
Regul
*7%
100
conv
Min
20%
55%
16
22 %
42%
*13
3%
Mfg common—No par
preferred
—No par
3.20%
Minn
106
80
SS
20%
*15%
10
10
preferred—:
Minneap & St Louis Ry
&
20%
15%
15%
22%
1st
P
1,500
94%
10
—5
25
St
33 %
*89%
22%
series—
12% Jan
Jan
900
*33
94 V8
73
i
•
55%
33%
55
32
50
;
Edison
preferred
55'A
33'A
*89 Va
*303/4
new_i
preferred y
Metropolitan
3'
Inc
55%
33
*71%
No par
800
95
32
Inc__
1,600
32%
32%
1
Co
31%
*313/4
*89%
73
-
Co
32%
95
1
Transp
20
313/4
32
"89 Va
*30%
preferred
Stores
Min
31%
31%
*3L%
32%
95
*71%
common
32
33
55
50
Corp
97
313/4
*31%
*32'/a
33
—100
(2nd series)
1st
14% Jan
8% Jan
__
31%
97
313/4
97
97
*20 Va
17
15%
31%
*96
33%
*54%
/
20%
—10
Co
.
32
*89%
55%
33%
,
*96
32
32
95
(The)
conv
97
32
*90
Mfg
pfd
*96
32%
31%
5
18
com
97
*31%
_No par
Mines—
'
*96
•
Prod
98%
20%
*31 %
Midland
7
101%
;i: 7%
4
10
20%
*100%
8
Petroleum
21
7%
*16%
83%
Miami-.
Mar
7%
16%
*7%
Mid-Continent
87
7%
16%
*82
7
43% Feb
9%
*20%
8
8
66% Jan
9%
20%
*7%
14% Jan
Apr
9 %
20%
7%
82
82'
47% Jan
May
105% Jun
9%
16%
93%
24
May
16
20%
7%
93%
110% Feb
78
*7%
9%
16%
7%
17
*92
102
56%
6%
20 %
9%
21
*92%
4
98
16%
6%
7
10%
*450
;'■■'
7%
*15%
93%
3
Nov
*7%
16%
S3%
97% Jan
Nov
v
20%
39%
106% Jan
54% Mar
7%
16%
V
*92
Nov
87
*7%
*92%
92
42%
*6%
7%
17
10%
490
500
*35
8% Mar 23
6%
*450
*171%
Mesta
14
7,300
10%
490
*450
172
38% Jan
9% Mar
10%
11
10%
10%
490
100
*171%
16
May
July
4,700
*171%
34% Apr
.16
14%
14
2,800
Jun
7
14%
13%
44%
23
*14%
14%
37%
Dec
Feb
800
14%
14%
37%
35%
Jan
10%
*13%
28%
11
*10%
13 %
*20%
130
10%
37%
■.*91 %
;21% May 13
■10%
V'
13%
50c
Jun
3,800
10%
10%
ii y
37%
No par
140
9%
10,100
31 %
100%
*
13%
& Scott_i_No par
Co—i__5
Dec
6%
10%
31%
*99%
14%
•
100
31%
10%
10%
y
37%
Merritt-Chapman
Nov
100
-
36%
92% May 11
23% Jan 20
11
12
32
138
J.00 %
10%.
*450
*31%
*134
99 %
10%
100%
15
31%
*13%
3
128
*11%
11%
138
30%
30%
*99%
10%
*7%
11
10%
30%
99%
xl0%
490
*16%
y
,10%
31%
*134
x44%
29
5
9%
10%
31
100 %
:3T%
138
13%
Jan
9% May 10
10
*450
140
10%
30%
99%
*31%
*135
37
Apr
40% Feb
*11%
Shares
45
90
19% Majr
11%
*11%
share
13%
20
69% May
Sales for
the Week
$ per
36%
Jun
Feb
*136
.r
44%
Jun
Feb
May VI
13%
27%
13
I per share
37%
95%
38%
yy
45 %
Feb
Dec
Friday
May 13
Thursday
$ per share
13%
Nov
106%
Wednesday
May 11
,
37
17%
104% May
11%
31%
45%
85%
101% Nov
500
13%
18%
28
11%
*31%
45%
50% May
Apr
20
19
37%
Jan
27
98
98
37%
45%
Nov
20
22%
*18%
y
*13%
8%
7% Mar 21
21%
98'/a
19
19
10
800
I
par
12%
Jun
11%
31%
140
9%
common-——No par
31%
May
*31%
*136
21
No par
Co—:—
1
preferred
22% Mar 30
11
May 11
14% Mar 21
x30
*11%
21%
*98
::■■/
'
156
HIGH 8ALK PRICES
i per share
$ per share
21%.
19
19
.y-y
Tuesday
May 10
May !)
;
.
12%
1
100
Publishing
55% May 13
80% Mar
19
98%
*98
98%
18%
Monday
21'%
22%
*98
9%
1
34% Mar 10
19% Feb
2,800
21%
22%
12 %
Co_
4
15
22%
22%
9%
preferred
conv
3
Jan
1,600
-
"
41% Jan
Jun
27%
34%
12%
com
30% Jan
24%
27%
33%
9%
No par
Stores Corp
52% May
23% May
28%
343/8
12%
1
Corp
3 % %
9
35% May
98% Jun
24%
28
9%
No par
Dec
{
*154%
34%
12%
common——
Dec
Dec
156
1,300
100
Jan
Dec
10,200
1
87
15
22%
34%
9%
Corp___No
29%
15%
22%
28 '/a-
*12%
y;;
Jan
Feb
41
600
23
34%
No par
No par
-*110%
Dec
24
100 %
Mar 31
88
Jan
20%
100 %
$3.40 cum pfd——No par
Maytag Co common—
No par
$3
preferred
„_No par
$6 1st cum preference—No par
25
May
18%
64
28%
7%
*20 %
7%
pfd 1947 series—No par
cum
21
31
*18%
34 V4
6%
No par
;
Dept Stores
$3.75
Apr
23% Mar %
63%
18%
28 V»
17
*16%
Co—
$3.75 preferred
110
41 %
6%
100
preferred
Dec
112
*450
100
comj
Chemical'
33
5
14,700
18%
63%:
*18%
34
31%
9%
pfd
Corp
Electric
Mathieson
173% Mar 14
89
18%
18%
63%
'
27%
11%
-
140
*20%
Co
7
89
Jan
*31%
*.137
*7%
_j
7
Jun
,'.18'A
200
34%
19 V2
6.25
5
prior
Co
&
preferred
Martin
,2
Jun
10,000
27%
98%
—1
Martin-Parry Corp
93
20%
34%
22%
*16%
Corp-
6%
Ry
7
.
70
20%
*27%
*19
5
■.
Market
42% Apr
70
20%
"
Corp
Marine
12
Apr
13% Jan
70
156%
*98
No par
j,
*154%
9,700
1,400
'
1
Co
Shirt
Manhattan
155%
700
.
*155'/2
98%
*11%
155%
■
22%
14%
156%
20
$ per share
22%
58%
22%
14'/a"
22%.
*19%
—50
r—;
Maracaibo Oil Exploration
7
110
22%
22%
58
:
22%
*98
j
18 '/a
18%
3,100
22%
19%
63%
100
8%
22%
10%
490
11
Jan
27%
34%
34
1
t,
58%
*69%
18 %
•
39%
8%
22%
•155%
10%
93
112
*27%
t
•
'■
50
v
14%
14%
22%
19%
*14%
(The)
8%
4,300
39%
8%
58%
19%
•
40
'22
63 %
18%
64'A
15%
Co
175
17%
17%
19%
*14%
24
26
156%
*69
19%
64
10
9% Feb
Apr
*155%
■; ?.;
19%
Magma
10% Feb
31
22%
18%
04 -7 y ;
*19
10
7
Jan
22%
18%
64
19%
10%
Feb
43%
18%
10%
14
12% May
19%
10%
Jan
38% Feb
7°
19%
No par
84% Mar
Apr
70
20%
Madison
84
47%
70
22
103% Feb
15
19%
*99%
5
Feb
'
*69%
64
5
Coal RR Co
*173%
173
*38%
14%
70
100 %
29
170
xl4%
100
Mar
Feb
14%
•
io%
20
42
14%
30%-
Magnavox.
9,300
58%'
io%
Mahoning
80
22%
30%
19% Apr
Feb
58%
22%
10%
3
79%
:
58%
30%
95% Jan
34% Mar 23
19%
19%
10
Copper
2,600
79%
8%
23
y;'y
10%
7% May 13
17% Jan 20
16% Mar 18
70
18
100
Garden
40%
8%
.;
58%
23
*30%
*99%
Square
37%
173
*38%
/•
8%
LOW AND
com
7%
37%
173
22%
58%
_5
12
10% Apr
21% Jan
:■>/. 14%
May 7
a;
7%
37%
.79
14%
'
No par
Jan
18
22%:
Saturday
Trucks, Inc
8% Jan
25
7
Mack
7% Jan
10
25 % May
6% Feb
•
16
♦58%
14%
Macy (R H) Co Inc com
4% % pfd series A
19% Jan
500
59%
22%
^
Forbes
&
preferred
G7e
26
10
■21
8%
7%
37%
79
173; :
40%'
*38%
8%
64
■
STOCK
& M Wood Working Co—
MacAndrews
3
Apr
15% Jan
Feb
YORK
40%
8%
*19%
Par
9
36% Jan
10
Dec
10
*38%
i-'-i 7'/a
37
78%
:.'
173
8%
./
*69
_100 y
—
$ per share
33% Jan
18% Mar
A__,
Co
173
7%
37
'
& Sons Inc corn—1
series
STOCKS
6
Nov
(M)
pfd
Steel
173
14%
No par
50
171 %
22%
<
C«n>-
*
40%
8<%
EXCHANGE
3
.
173%
%
:
Nashville-
•
NEW
29
7
&
Highest
-
95% Jan
6%
1
+—'——_No par
4_
Lowepstein
Lukens
Range Since Jan. 1
Lowest
30 % Apr
9 %
Inc
Lousville
421% Mar 30
Jun
490
78%
*171%
*39
.;7% preferred
100
Louisville Gas & Elec Co (Ky) No par
98% May
8
103%
xl6%
Corp:—j.
Lone. Star Cement
28% May 5
41% Jan 11.
Mar 23
10% May
x78%
100 7
preferred—i—
conv
158
Dec
39% May
79%'/"
*58%
28
10
r
?%%
Lockheed. Aircraft
20
94%
30% Mar
79%
y;.; 7%
37%.
'79%
)/
7%
36%
,
May 12
Jan
Jan
■fy;' 7%
Lion Oil ,Cd ;new
l_ti i—No par i.
Liquid Carbonic Corp com_—No par
23
16% Feb
31 % Apr
7%
36%
■
3
21
131
7%
36%
;
No par
Co
7%
79
;
5
;
-
36%
*36%
Long Belf Lumber (:Md% A—NO par y
Loriljard (P) Co common10 ;
95
11% May
x35%
Belt
No par
Corp
Loew's
4
$ per share
i.
Jan
28
Highest
<
23
23% Jan
,
_25
18% May 13
67% Jan 21
x33% Apr
Range for Previous
Year 1948
Lowest
Jan
<
3
May
-
Link
7
14 Va Jan
158
10
9
62% Apr
Nov
20
66% Jan
Jan
30% July
Sep
Lima-Hamilton
May
Feb
.18
Lily Tulip Cup Corp.—
i7
20% May
68% Jun
U—
7
23
Feb '
preferred
Jan
5
t
5
100
——-ALiggett & Myers Tobacco com
77«
7% y
7
Savers ;Corp
8
•Apr
15
Nov
57%
xl8
1
par i
1
10%.
11
10%
10%
10%
11%
11%
11%
11%
11%
72
72
72
71
71
70%
71
69%
70 Va
70
70
370
18
17%
17%
*17%
18
*17%
18
17%
18
300
18%
*17%
3,100
THE
(2116)
24
COMMERCIAL
NEW
42%
73 %
42%
Jun
Feb
Feb
13 %
*> $
Feb
34
July
15% Feb
Dec
44
Jan
25% Apr
26
9
Feb
15%
Jun
9% Apr
30
22%
Dec
2944 July
21% Jan
4
45 %
Nov
.61% May
122
May
45% Jan
4
103
Feb
8
112%
Apr
107
Feb
11
10%
Oct
10
Jan
4
May
52
Jan
3
99% Dec
9%
Dec
47 % Mar
10
Dec
20
65
Nov
25
17% May
10% Jan
27
Jan
21%
Dec
16% Feb
29% May
Dec
23
May
18
May 11
59% Mar 29
13% Apr
6
23
Jan
7
20% Jan 20
25% Jan
7
19% Mar 30
17% Jan
8
14% Jan
7
11
Jan
7
42% Jan 25
112% Mar 17
13% Jan
6
35% May 13
51
Jan
8
15%
Dec
24
Nov
16%
Oct
Dec
13
Jun
13%
10
14% Oct
33%
3
11
25
Feb
4
May
10% Apr 21
3
Jan
10
17
38% Feb
Feb
45
107%
Jan
112
Jun
12%
Sep
17
Jan
11% Feb
34
Dec
43
Jun
32% Mar 18
50
Dec
55%
Jan
48
14% Mar
21%
Jun
11% Apr 29
May
Jan 20
Jan
8
Apr
5
Mar 30
Mar 29
Jan 13
12
19% May 11
19
35
11%
24.
55%
111%
111%
19% May 12
11% Jan
20% Jan
5
6
Jan
7
25% Mar 30
25
x33%
6
9% May
2
4% Feb
9% July
105% Mar
STOCK
CHRONICLE
109% May 11
11
Mar 18
LOW
Monday
May 7
AND HIGH SALS
May 9
^
» ■
Par"; $ per share
Mission Corp
10.
49%
50 Mission Development Co
5
9%
9%
Mo-Kan-Texas RR corn
No par
4%
4%
1% preferred series A_
100
21%
21%
Mohawk Carpet Mills—i
20
*27
28
Mojud Hosiery Co Inc__;
1.25
*9%
10
Monarch Macnine Tool___
No par
*23
23% '
Monsanto Chemical Co com
5
52%
52%
$3.25 preferred series A__No par
*106
109%
$4 preferred series B
No par
*108
110
^
Montana-Dakota Utilities Co_
5
1
11%" 11%
Montgomery Ward & Co
No par
53%
54
Moore-McCormack
Lines
5
*12%
12%
Morrell (John) & Co
No par
*
20%- 20%
Motorola Inc
_3
17%
17%
Motor Products Corp
No par
*19%
20
Motor Wheel Corp
6
*18%
18%
Mueller Brass Co
1
13%
13%
Mullins Mfg Corp
1
11
11
Munsingwear Inc
5
10%
10%
Murphy Co. (Q C) common
1
*41
41%
4%% preferred
100
110% 110%
Murray Corp of America com
10
12%
12%
4% preferred
50
*34
35
Myers (F E) & Bros
No par
*47%
49%
Thursday
Friday
.
'May 11
May 12
May 13
...
$ per share
'
$ per share
49%
9%
9
9%
4'%
4%
4V#
4%
21%
22%
21%
21%
28
28
28
28
27%
*9%
■
48
8%
.
10
23%
*9%
10
23%
23 %
53
51%
52
69%
\ 23%
51%
*23 V*
52%
*105
112
*108
,
„
Wednesday
May 10
50
49
PRICKS
Tuesday
<
$ per share
.
Monday, May 16, 1949
RECORD
Saturday
EXCHANGE
share
per
54% Jan
11
7% Mar
4
YORK
NEW YORK STOCK
Highest
t per share
$ per share
."
Range Since Jan. 1
Lowest
H if hoot
Feb
-
•
Year 1048
I per share
FINANCIAL
STOCK8
luft for Preyloaa
Lowest
&
,110
*105
53%
53%
•
-
53%
1
4%
4%
4%.
22%
27%
:
9%
9%
••
23
'=■22%
23%
.?
51%
52
51%
52%
*105
*108%
111
27%
*9%
10
23 %
23
52%
111
V
)
12
53%
2.900
.
27%
22
27%
11%
3,600
11,700
'
213/f
*21%
,112
^
»
9%
10
*108
Shares
*
48%
9
48%
27%
53
-
9 per share" '>
9
49
112
*106
6,700
'..
900
100
400
-
4,500
111
108%
11%
53%
-
108%,
11%
11%,
4.600
53%
11%
53%
v
;■
for
the Week
4%
1
22
*105
•'
11%
Sales
(
9
4r.%
4%
',21%:
*
$ per share
/
9
4%
112
*53
49
8%
',
109%
11%
n%
*48
■
#,
109%
H%
■
.
53%'
^- 6,900
200
12%
12
12%
*11%
12V8
11%
12%
12%
*20'%
21
19%
20%
19%
19%
18%
19%
*19%
20
*17%
17%
17%
17%
17%
17%
*17%
18
17%
18
900
19%
19%
19%
19%
19%
19%
*19%
20
*19%
19%
500
18%
18%
18%
38%
18%
18%
lf.%
18%
18%
800
*13%
13%
*13%
13%
14
14
600
11
3,400
12%
13%
10%
10%
41%
"
13%
*
11
11
10%
:
13%
11%
10%
11%
10%
13%
107/a
*10%
11
*10%
18%
*10%
ll
11
*10%
10%
12%
41%
41%
41%
41%
x41%
42%
110%
110
*109%
110%
109%
*109%
110%
*109%
12%
12%
12%
12%
12%
12%
12%
*12%
41%
110
41%
'
12%,...
900
,
1,300
'
10%
200
42
2,COO
110%
220
13
1,400
*34
35
*34
34%
*34%
34%
34%
34%
34%
35%
*47%
48%
*47%
48%
*47%
48%
*47%
48%
*47%
48%
300
N
20
Feb
32Vs
Sep
23 % Jan
18
Dec
29
Jan
19
Jan
10% May
13% July
5
Jan
9% Feb
3
11
17% Mar
10% Jan
3
45
30% Mar
2
4%
8%
Feb
9%
20
Nov
Mar
26%
Feb
162%
Nov
32%
32% Oct
Oct
5%
Dec
6
30% Jan
175% Jun
/
48
Dec
2
7% Mar 11
9"% Jan
8
12
Jan 11
6% Mar
5% May 10
Jun
21
May
17%
Nov
Dec
14%
15
Sep
17% Feb
Dec
20%
10
13% Feb 14
22% May
12%
27% Feb
7
9% May 11
Jun
13% Feb
85
Oct
96% May
20%
Jan
38
Jun
177
Jun
169% Jan
147%
Apr
135
7%
Feb
8
162
Oct
130
.
Nov
5%
15%
Dec
Feb
1
20
% Mar
Nov
15
33% Jan 21
95
3
11 Jan
8
4
preferred
Lead Co common
8
May
12%
70
Dec
Nov
20%
Nov
>
34%
12%
Dec
39
Feb
92
121
Feb
144
Feb
3
28
Mar 28
3
103
5
Jan 27
31% Feb
100
National Supply (The) Pa
4%%
24
Jan
13% Mar 30
14% Mar 17
2
May
2
8% Jan
94
65
Apr 30
28% Jan
10% Feb
Nehi Corp
Neisner Bros
20
13%
23
Dec
25
Inc
-
5
jun
York
86
26
Jun
59
250
Jan
Mar
15% Jan
13% May
Brake;
York
6%
9% Feb
Apr 23
Mar
9
9% Jan 21
9
33% Jan
21
4
96
Jan
22
19% Apr
7
3
90
Jan
14
4
21
Jan
10
3
14
Jan
3
28
Mar 24
3
5
Central—
$5
Dock
17%
%
18%
18%
*11
*13
~
13
13%
103
preferred
non-cum
18%
11%
11%'
11%
*101%
36
Jan
4
*13
13%
*101%
Tuesday
May 9
*13
*101%
31
30%
100
100
;
.3,000
'
100
200'
30%
20
100
*99
PRICES
Thursday
May 12
May 13
S per share
t per share
t per share
9%
9%
9%
97%
*95%
97%
47%
*47%
47%
47
10%
9%
10 .;. •
:9%
9%
10
Friday
10
93/4
Sales
■: 9%
Shares
C
9%
67
66
66
*30%
30%
30%
30%
30%
28%
23%
28%
28%
28%
"
10%
11%
11%
*72 %
10%
" 73
"126%
127
73%
72%
>127
12%
*25%
.
46%
45%
47
10%
9%
10
10
10
67
67%
67%
31
67
97%
46%
67
30%
*66
97%
47%
31%
x30%
31%
30 %
30%
28
'28
28
28
28
*95%
x27%
11
10%
::
•>:'
r
10"%
11%
*73
73
129%
9,600
f :
*95% V: 97%
97%
10
**
73%
73%
130
127%
'130 '/a
2,900
T;
1,500
120
1,200
11%
11
11%
73%
*73
134
20
1.400
;/
68%
*67
10,200
800
74
*130%
for
the Week
1
*95%
■*47
4,000
»'►;
103
May 11
$ per share
500
-
13%:
103
*30%
Wednesday
May 10
$ per share
13%
>101%
103
800
132
•
12%
12% *.12%
25%
25%
30
12%
*12%
12%,
*12%
12 3/4
300
12%
'
'
*24 %
27%
*24%
26
200
26
26
?
*56
60
*55
60
'240
250
246
246
A
100
26%
N Y Power
N Y
& Light 3.90% pfd__100
Shipbldg Corp partic stock
1
$3.75
preferred
Noblitt-Sparks
Noma
£2%
26%
26%
*92
*26%
26%
26%
'
92%
92
92 %
17%
18
18
18
18
91
89%
89%
'88%
89%
*88
*16%
17%
*16%
17%
*16%
17%
17
*7
26%
92%
18%
*88
2.50
Corp
Chemical
1
Ry com
preferred
Adjustment
Co
8
4
*26%
26%
25%
26%
.25
25
Co
Norfolk & Western
51%
51%
X50%
50%
26%
*26
26%
10
Aviation
Ry
18
*17%
1,400
26%
26%
1,100
93
*91%
92%
"v? ;A 220
17%
*17%
18
263/8
93
92%
-
60
V
7%
7
7%
26%
/
2,000
*25
preferred
19%
19%
19%
19%
9%
9%
9%
9%
9%
*82
83
*82
.34%
34%
33%
34
14%
14%
14%
14%
10%
*85%
25
Telegraph
Norwalk
Tire
8c
Norwich
Pharmacal
*26
26%
19%
83
83
*82
*163/4
8%
8%
51%
9%
8%
Northwestern
*26
*82
83
89
89
25%
50%
19%
common__l0
11
8%
25%
50 %
9%
*107%
23
50%
26%
8%
25%
*25
50%
17
19 %
No par
No par
4% Jan
*26
8%
8
25%
17
9%
10
preferred
12% Apr
50%
17
19%
*82
100
Inc
8
,
89
*25
19%
9%
10
8%
.1,700
500
513/s
1,700
263/4
*26
823/4
400.
25%
51%
2634
19%
70
17
19%
23,200
10 %
11,800
80
823/4
82
'
Ry
preferred
Northwest Airlines
8
89
9%
50
Co
Gas
8
-
89%
19%
1
Co
8%
*26
Northern States Pwr Co (Minn)—
Common
No par
4.6%
26%
7%
*18
100
Industries
Electric
Nopco
92%
7%
Elec & Gas Corp—
$4.80
2
*13
13%
'■■■'
$3.60
11
11%
7
4
2% Mar 22
X H%
60
10% May 13
11% Mar
11%
248
109% Mar 22
33% Jan
11%
7
28
Apr
11%
2,500
,
11%
*56
84
Apr 29
107% Feb 15
7% May
14% Jun
'.•V'7<11%
7 *10%
11%
11%
290
27%
11%
11%
248
Pacific
2
x27%
11%
11%
.7
Northern
Feb
27%
11%
11%
103
100
10,600
/
11
11%
11 %
60
Natural
19
27%
19
83%
248
Northern
27% May
27 %
19
7
series
36 JA Mar 17
7
200
83%
*56
5%
14
10% Jan
27
*11%
11%
,
7
19%
84
248
Preferred
American
8% Apr 21
14% May 2
>18%
*83%
60
Jan
17% Mar
19%;
84
27
11%
11%
18%
249
American
Feb
,
*55
North
90
22%
240
31
8% Feb
3,200
*22%
23
7
Jun
Dec
77%
i9a
CO
Central
Mar
5,800
20
76%
250
North
7
1U6
20
77
7
11% Jan
17% Jan
700
*56
Northern
13% Feb 24
400
18%
*240
18
27% Jun
*26%
•> 11%
*13
103
Monday
10%
28%
20
6
*18
%
240
20
83%
100'A
*24%
144%
6
19
*99 %
12%
144%
6
18%
84
.
100%
*12%
6.000
5,200
172
—No par
19% Apr 28
7
18%
*83'A
*99%
128
110
30%
30
171%
144%
■
<23
100%
11%
14%
87%
%
23
*99 %
*126
14%
86%
76%
,
76%
100 %
*72%
100
1,500
15
*19%
%
20
9%
Y & Harlem RR Co
50
N Y New Haven & Hart RR Co_100
85
Feb
%
30%
>28%
100
6
<18
18 V8
4,800
•
88%
"
*66
-
9,000
'143%
\6.V--
30%
10%
.17%
-
9%
144%
*5%
*17%
30%
9%
173/4
*
10
*143%
*30%
9%
3,500
30%
30%
Saturday
May 7-
15%
172%
*30 %
*
31%
15%
30'A
6
200
31%
*171%
18%
5,100
26,100
15%
17%
172%
6
'*17%
7%
5%
11%
31 %
y
144%
*143%
10,700
■
13
,.*101%
30
*11
1.1%
*171%
30%
f per share
N
11
40%
143%
6 *:•%
29%
29%
*11
172
*99 %
No par
com
common
Jan
Dec
29%
171'/4
*
81
3%
29%
*30 %
,___No par-
preferred series A
Jun
Jan
17%
11%
*101%
No par
20
10% Mar
Air
York
28% Jan
83%
*5%
14
*88%
171%
143%
97%
New
7
Nov
29%
47%
6
10
17% July
16
v
No par
10
8% Nov
*87%
5%
9%
City Omnibus Corp
14
16% May
7% May
90
14%
88%
144%
*47
N Y
Feb
15% Feb 25
25% Jun
109%
14%
88
*171
*95%
8
59 % Jan
Oct
1
14% Jan
3
Aug
14%
*9%
14%
27%
26 % May
Feb
Apr 29
26% May
91% Jan
jun
11
24
78
29%
New
N Y Chic & St Louis Co
50% Feb
103%
15
90%
15
89%
11%
Newmont
New
23 % Jan
Dec
9%
14%
New
21
Jan
18%
10%
*9%
LOW AND HIGH BALE
21
36 %
'
y 17%
*11%
•
A
7
36 V4
17%
9%
*26%
STOCK
Jan
24
62% Nov
28 % Jan
Feb
173/4
11%
New
Feb
25%
YORK
Jan
48
17%
17%
11%
common
13% Jan
225
93
17%
10%
27%
27
Dec
Jan
18
10%
11%/'
53/4
6
14%
*11
12
Aug
8
31
1-4%
*11%
12
55
14% Mar
31%
14%
*26%
72% Jan
' Apr
33% Jan
25
82% Mar
31%
14%
84
Par
N Y State
Dec
31%
14%
*83%
4%% conv serial preferred
100
Newberry Co (J J) common_No par
3%% preferred
100
81
Jun
8P
31
15 '
*11
7'/a
7%
53/4
17%
;
18
*11
7%
5%
31%
84
No par
140
19% Oct
Jan
7%
5%
15
1
-
68% Feb 24
Mar
Feb
7
;;.y
6%
31
.
18%
No par
124% Mar 29
14% Jun
14%
25
x27% May 11
39% July
81
7
5%
.
11
*83%
35
10
61
96
7
63/4
ll
*88%
14
England Elec System
20
Jersey Pr & Lt Co 4% pfd—100
Mining Corp__•
10
Newport Industries common
1
4%% preferred
100
Newport News Ship & Dry Dock
1
13% Jan
255
Nov
May 11
2
20% Jan
86
10
8
10% Feb
Feb
7
34%
173
11
lo
Co
share
97% Feb
9% Feb
Oct
20%
3
S per
59% Jan
Apr
.
5%
EXCHANGE
Mar 21
Jun
Jan
1,700
10
National Tea Co
Natl Vulcanized Fibre
Natomas Co
NEW
44 % Apr 22
^
23%
6% Mar
31%
100
com
preferred
Highest
$ per share
27
49% Jan
31%
STOCKS
Lewest
11% Mar
200
313/4
*22%
20
i
313/4
23
93% Jan
18% July
Mar
31%
*22%
13
Aug
July
July
313/4
23%
rhnre
43% Jun
313/4
*22%
29
90% Jun
Feb
31
31%
23%
Range Since Jan. 1
July
26% May
2,500
31%
*22%
*101% Jan 12
Jan
64
6%
No par
12% Jan
99
•
Feb
6%
7
172
18
No par
90
6%
National Sugar Ref Co
Highest
Nov
ex-dist
173%
6%
23% Mar 28
Year 1948
90% Mar
Lt
343/4
173 %
6%
14%
,
*143 %
1
Cast-No par
343/,
1723/4
34%
1723/4
6%
75%
Range for Previoua
38
Steel
34%
1723/4
6%
*19%
9% Jan
May
n°.r
100
National Linen Service Corp
34%
172%
6%
20
19% Jan
S
29
343/8
34%
89%
172
2,200
172%
76
12% Apr 20
11% Apr
2
9 per share
10
1,000
12%
30%
10%
63/8
%
27% May
Lowest
14%
*89
10o
Nati Malleable &
&
10%
10%
12%
>> *29%
34%
6%
17%
10%
■
12%
30%
1713/4
'■/ 11
15%
17%
v
No par
National
7% preferred A
6% preferred B
31%
15
12.50
1
conv
Natl Power
31%
103/a
31%
63/4
113/a
10%
123/8
*29%
■,
30%
6%
7%
63/4
12
2,700
34%
75%
4
98%
$4.50
*7
*11
10%
80
400
3/4
1713/4
.
*19%
4
Feb
National City Lines Inc
113/4
*293/4
<
%
3
87
31%
:
12%
31
19%
9% Jan
Jan
*31 3/4
10%
10%
12%
*293/4
75%
10% Jan
19
No par
8
19%
21% Jan
35
6%
8%
75%
Jan
104
172%
6%
10%
12%
83/4
76
19% May 11
Peb
34%
*171%
10
10%
31
8%
21%
86
Jan
Nov
343/8
100
Corp
12%
9
*75%
15% Feb 11
12%
Can
10%
*30
21
8%
9,700
24%
*20%
*20
82% Mar 23
*!!2.
31%
*24%
20%
25
25% July
x27% Mar
10%
12%
*29%
25
203/4
21% Feb 28
30% May
15% May
12%
*10%
*12%
12%
12
12%
*24%
21
25
9
8%
12
25
*20%
No par
94
Dec
8%
12%
12
12
25
21%
National Shares Corp
National Steel Corp
Nov
Nov
83/4
8%
11%
25
ZJ
22
Jan 10
91% Jan
7
Nov
Nov
21%
4
10
preferred
National Cash Register
Feb
80%
9%
12%
25%
21%
22
73% Apr
25% Jan
9
11%
25%
22
Nat Enameling & Stamping
National Gypsum Co com
21
10%
1%
12
25%
*21 %
5
National Aviation Corp
National Battery Co
National Biscuit Co common
National
12
*25
14% Feb 25
16% Jan
7
4
148 % Mar 9
6% Jan
6
1914 Jan 21
19% Jan 21
114% Oct
Nov
16%
May
$
100
Co
15% May 7
19% Mar 30
31% May
177% Feb
2
Acme
1
National Container Co_
1
National Cylinder Gas Co
1
National Dairy Products
No par
National Department Stores
0
National Distillers Prod
No par
4
Jan
16% Mar
Jan
25
Nov
81% Mar
3
Jan
4
5% Mar 10
24% Jun
■fs Dec
19%
86% May 13
25% Apr 14
■
National
27
Jan
7% Mar 29
35
10% Feb 24
Dec
178
8
Jan
14%
34% May 12
3
30% Feb
9% May
32
»8;y4
7
14% Aug
24% Mar
National Airlines
1
National Automotive Fibres Inc—1
4
7
5% Feb
Jun
13%
10% Mar
1
13% Apr
4
37
Jan 25
170% Mar 15
9% May
Feb
9%
July
13
Nash-Kelvinator Corp
Nasnville Chatt & St Louis
9% Apr
11% Jan
3
Sep
15% Jan
7
28
Jan 21
23% Apr 11
15
50
Rubber
3
8%
35
*12%
10%
10%
33%
34.
33%
34
33%
33%
14%
14%
14%
14%
14%
14%
15
12%
10%
10%
85%
86
86%
108
107%
108
8%
9
8%
15
*34%
3
■>
2.50
10%
,14%
34
*107%
108
15%
*34%
No par
Co
10%
86 %
33%
*3
12%
8%
15
15%
35
*34%
3
3%
12%
*12%
86%
86%
*107%
3
35
3
;
12%
10%
10%
86%
85%
108
*107%
10%
24,200
210
86%
108
50
9%
9%
9%
9%
5,000
16
153/4
16%
16%
16%
2,900
*34%
9%
15%
35
10%
853/4
*107%
7,100
35
9
15 %
10%
86%
103
13.9(0
3
*12%
3
*12%
12%
*34%
35
3
*2%
xl2%
12%
35
40
3
>
/
700
300
12%
O
28% Dec
34% Jun
27% Jan
3
92%
Jan
103
Jun
99% Jan
3
28%
Feb
43
Jun
25% Feb
11
18% jan
17% Jan
8
16%
Apr
22%
Feb
92
8%
88
Mar
36% July
xl09% July
Dec
12% Apr
Jan
7
8
Jan
10
90% Jan
10
81
Feb
Jan
23
Jun
20
Mar 28
27
Jan
37% Jun
154
jan
15% Nov
23
Jan
80
Dec
89
Feb
47%
Dec
11%
8%
60%
34%
73% Jan
Feb
29
Feb
7
Jan
15
13% May 10
x66% Apr 19
49% Jan
3
15
Feb
May
Apr
43% May
11% Mar 29
8% Apr 16
73
For footnote*
m*
page
16
148
15% May
Dec
Sep
Oklahoma Gas & Elec 4%
Oliver Corp common
31% Jan
Jan
144% Nov
7
99
66
Jan
7
36% May 12
28.
22% Jan
7
7
32% Mar 30
155 % Apr
25
Oil
4%%
Co
Oppenheim
24
Outboard
28
Outlet
14
24
&
Mfg
Owens-Illinois
Glass
Co
Jan
7
Pacific
Amer
Fisheries
18
Pacific
Coast
Co
Apr
4
40
Jan
17
1st
31%
31%
30%
30%
*30 3/4
31%
103 %
103%
104%
104 %
*103%
104%
*103%
104 Vt
28%
28 %
28%
28%
28%
28%
2BV*
173/4
17%
*17%
18
17%
17%
25
.
25%
100
7
7
83%
.*20%
:
94%
84
21,
31
31%
♦153
155%
28
*17%
preferred
Inc
common
31
18
24%
25
.94
6%
*83
*20
30%
>153
-
233/4
24%
94 %
93%
93%
*93 %
6 3,4
6%
6%
6%
6%
.
84 %
21
31
155%
14%
*13%
14-/4
69
*£6
69
12.60
57
B
10
2nd preferred non-cum
No par
•
*93%
*13%
No par
>
7
*66
non-cum
-'31
94
No par
Co
10% Jan
71
18%
*93%
6
__2.50
28%
*17%
10o
No par
31%
104
28%
No par
A
31%
103%
20
100
Marine
•
*31
t.'
500
32
103%
90
103%
273/4
28%
*
10
common
preferred
16% Jan
58% Jan
preferred
Collins
Otis Elevator
6%
pfd
preferred
(The) common
Corp
convertible
79
Jan
No par
convertible
Omnibus
8%
$
100
19% Mar
4
100
common
preferred
Ohio
11
Dec
4.40%
7
23% Apr 21
6% Feb
Ohio Edison Co
33% Jan
93% May
20
'•
31% Apr 30
104% Mar 25
'
123/g
*8%
*66
37%
57%
12%
9
57
*12
*8%
57%
12%
9
83
*20%
303/4
153
13%
*66
56%
*12
*8%
•
>
83
21
30%
153
24
■
83
;
20%
31
*151
24
f
83
20%
*13%
13%
*66
69
12%
9
12%
8%
56%
12%
9
67
*66
67
*66
67
*66
68
37%
*36
37
*36
37
*36
37
24%
20%
13%
56%
*12%
*8%
*66
36%
94%
<
1,800
40
v
•r
7
*82%
83
v
20%
30%
"
154
300
24%
*6%
83
*153
20
%
v
*13%
13%
*68
4.700
10
69
12%
9
56%
-
*12%
'.
8%
200
I
.31%
154
133/4
-
1,100
.
120
69
56%
10,400
;
~
24%
*31%
*66
18
*93%
6%
*20%
*153
•
*17%
94% >•
30%
f
31%
13%
56%
*82%
154
69
57
24%
•
•
563/4
,;
.
200
—-
r
3,000
12%
300
8%
160
68
*66
68
36%
*36%
37
60
Volume 169
Number 4803
I'HE
COMMERCIAL
NEW
Bsnge for Preriotu
Range Since Jan.
Lowest
Highest
$ per share
15% Mar
21"%
Jun
18
Feb
24
36%
Jan
30% Jan
3
Nov
47y4 Mar
29 Ya
55% July
Dec
44
89
Dec
% July
104% Jun
130
Nov
147
3%
39%
Dec
Mar
6%
$ per
1
NEW YORK
Highest
$ per share
29%
share
21
14
33% Feb
3
Pacific Finance Corp of Calif
Pacific Gas & Electric
Pacific
Feb
14
54
Jan
6
29
Jan
3
34
Feb
21
89
Feb
7
135
Jan
5
Apr
Apr
8
Pacific Tin consolidated Corp
Pacific Western Oil Corp
5
Packard
5
Pan
3
10% Apr
8
16
66
Oct
49 %, Jan
5
59% Apr
14
100
Oct
May
97% Mar 12
102% Jan
27
6%
8% Apr
16
Feb
11%
Jun
6% Feb
24
18%
Dec
28
May
16% Apr
16
97
Jan
105
Jun
102% Feb
18%
Feb
Jan
20
<
Jan
51~
Feb
Mar
May
23%
Dec
Nov
30%
6% Mar
16%
Jan
18
6y4 Apr
37
14% Jan
18
Jan
4
19% Jan
10
30% Apr
8
21%
Nov
Feb
Dec
109%
Dec
112
8
Jan
26
106% May
32% Feb
16%
Dec
Dec
48
103
Feb
120
Apr
104
28
Dec
45%
Jan
29
86%
Feb
99
Oct
96% Feb
Nov
20 % May
8% Feb
28
7%
Nov
22
Oct
9%
Feb
Jan
30 ya
Dec
98%
24%
Jan
104
May
17% Jun
-
21.'
10
17
May
39 Ya Apr
48%
Dec
93
Dec
20%
Nov
104
25%
14.
Jan
28
Jan
81
Sep
<
46%
47 V*
46%
47 y4
47
47%
46%
47%
9%
9%
9%
9%
9%
Cement
9%
9%
7
22%
22%
22%
22%
22%
22%
22%
■22%
22%
par
•25%
26%
•25%
26%
26%
•25%
26%
•25%
26
Co
Corp com—No
Dec
20
15%
15%
15%
151/s
15%
15%
15%
18,000
19
Feb
7
5
19
Apr
24
Apr
Peoria
11
12
104
& Eastern
Ry Co
Pet Milk
4% %
36
•34%
*103
Co common
%
•23
•
*23%
51%
$ per share
23%
\ 300
39%
4
64
Apr
11
19
Phillips
tper share
32% Jan
112%
1
13%
13%
27 VB
27'%
100
*82%
84
413/4
97%
■*'
_100
90
13%
27
84
41%
No par
*11
89%
61
61
*9%
J"
Plllsbury Mills Inc
•'
„
60%
25
common
28%
60%
b0%
bl
603/4
11
*9%
11
.*9%
•102
103 %
•102%
103%
*102%
•100%
110
•100%
110
•100%
110
Pittsburgh Forgings Co
1
•13%
14
13%
13%
144% Feb
28
Pittsburgh Plate Glass Co
Pittsburgh Screw A Bolt
Pittsburgh Steel Co com
7
Jan
70%
Dec
15
170
Feb
Feb
;
Jan
Dec
Dec
96
Oct
82% May
26% Oct
161
\
9% May
July
46% July
135
7
155
x78 % May 13
88
Apr
66% May
5
15% Mar 22
139
Jan
19% Mar
12% July
70% May
Jan
36% Feb
32
29%
Feb
46
11%
Dec
8% Feb
16% May
14% July
Jun
Mar
10% Feb
May 13
7%
24
71% Jan
27
147
Feb
1
Apr
4
Pitts ton Co
10% Apr 19
50% Apr. 18
24
11
39
3
Poor A
14% Jan
6
Potomac
8% Jan
24
Jan
22 Ve
Nov
Jan
24
Feb
35% May
71% Jan
28
621%
57% Feb
26
66
% Jan
18
18
Feb
28% May
16% Apr
29
22
Feb
2
12% Apr
21
5% Mar 23
94
Mar 22
Jan
14
38
Jan
3
Dec
24%
20% Jan
3
43% May 12
23% Apr 13
25
Dec
32'/a
x25%
4%%
'
Jun
30% May
26
Jan
3
Nov
53
Jan
30% Feb
25
Feb
42
May
25 % Feb
5
101%
Feb
x25
Feb
Dec
108%
"
33
Sep
107
July
Jan
26% Mar
25% May
17
Feb
15
11
Feb
75% May
11% May
28% Feb
$4.75
■Public
21
29% May
5
Co of
$1.40
div
com
(The)
Oil
165
31%
7%
10%
♦135
155
7%
7%
7%
11
II
•140
155
11
155
•140
7%
7%
,
♦
11
155
11
,
•140
82%
•81%
82
•80%
81%
671/4
•66%
67
•66%
67
17%
•16%
17
143%
•139%
141%
•139%
•139%
143%
•139%
24%
24%
•23%
24
•23%
241/4
*10%
10%
*10%
10%
*10%
10%
77/a
25
*10%
10%
80%
17
•16%
80 %
•66%
-
81
67
•66%
•16%
143%
17
155
17
143%
*139%
143%
233/4
23%
23%
1C %
10%
'*10%
10%
47%
46%
46%
46%
46%
46
46%
46%
46%
37%
36%
37%
*36
37%
36%
36%
*36
37
11%
11%
12
11%
11%
*11%
11%
*11%
11%
13%
13%
13%
13%
13%
13%
13%
13%
13%
13%
*23
17%
*90
91
*42
22
74% Jan 22
7% Jan
3
22"%
22%
22%
100
64%
64%:
64%
64%
64%
64%
3,200
17%
17%.
17%
17%
17%
17%
17
17%
2,000
23
v
6%
6%
*22%
90%
90%
90%
90%
90%
90%
42%
42%
42%
42%
43
43'.
43%
42%
43
22%
22%
22%
22%
22%
22%
22%
22%
22%
■"
28
28%
28%
28%
36
35
35%
30%
30%
30%
*107%
Radio Corp of America com—No par
69% Apr
*22%
64%
17%
6%
22%
108 %
*107%
108 %
18
7
*22%
.">• 64%
23%
64%
6%
90%
*17%
14% Jan
23 %
*17
30%
Quaker State Oil Refining Corp_10
24
6%
42%.
29
Feb
6%
22% ;■-*
*28%
14
2,200
6%
35%
100 1
20% Jan
6%
6%
42%
No par
Apr 26
600
16,500
'
22%
h
No par
No par
5% conv preferred
Purity Bakeries Corp—;
500
13%
13%
64%
64%
No par
2,500
11%
11%
6%
.
23%
€4%
300
37
*35%
; >
100
*22%
6%
*17%
40
1
17%
46%
5
»'■
66%
*16%
11%
*6%
,10
-
78%
17
46%
1
1,700
155
46%
*
1,800
11
■*65%
67
2,400
7%
;
x78 %
80%
37%
No par
common
11
155
•
31%
7%
.11%
23%
•24
'
9
7%
10%
.
•139%
1
600
148
*160%
32
•16%
Colorado—20
com
Inc
Pure
*144
165
31%
•66%
preference com„No par
Pullman
148
•160%
32
No par
Inc
preferred
cum
Service
•144
165
31%
•81%
preferred series A—50
Industries
Pub Serv El A Gas
37
Apr 30
32% Apr
4
108% Jan 26
6
conv
148
•160%
31%
10
com
Procter A Gamble
Publicker
•144
165
31%
1
Co
10
2,400
"
13%
148
_5
Power
600
12%
•161
31%
No par
-
•
28%
■
13%
v
200
*
84
28%
•144
•140
100
class B
Electric
13%
12%
•81 %
84
163
5
Pressed Steel Car Co Inc
90 % Mar 17
Jan
Apr
39% July
85
32%
20
Co
13%
*
148
7%
Pond Creek Pocahontas
Apr
5
12% Mar 30
23
28%
13%
•13%
'•
12%
27%
31%
10%
—
12%
•81%
28
♦160%
1
Plough Inc
Plymouth Oil Co
•13%
12%
84
27%
•144
7%
(The)
12%
*81
27%
13%
32
10%
Pittsburgh Young A Ash pfd
29
12%
84
27%
163
No par
100
4
12%
•81
*28
29
148
32
No par
B
10
Nov
Mar
class
13
•27%
28%
•160%
preferred class A
100
5%% 1st ser conv prior pfd—100
Pittsburgh A West Virginia
100
21% Jan 24
5%
21
preferred
•12%
;
•28
28%
•144
lo
5%
Jan
12%
11% May
convertible preferred
Pitts Ft Wayne A Chic Ry com„ 100
7%
gtd preferred
100
7
Shares
■*
103%
110
7
73'/8
:29
•100%
16% Jan
8% Jan
Salee fer
the Week
110
13% Mar
15% Jan
'»
May 13
$ per share
share
•100%
Jun
14
S per
110
82
28
Friday
May 12
I per share
•100%
x28 %
23
7% Feb
s."
Thursday
May 11
S per share
100
RR
27%
10% Apr
Wednesday
May 10
103
82
Jan
—
•102
13
Jun
9,500
HIGH SALE PRICES
Tuesday
28%
27%
10
11
103
83
20
20
<
61
*9%
•28
•81%
Feb
59%
11)
•102
No par
•27%
Nov
50
89%
28%
$5
26
1
12%
1
Pitts Coke A Chem Co com—No par
21
20
5,800
*\
91%
*11%
*873/4
61%
'.j.
!;
"■
103 %
preferred
•12%
77/a
*90
,
:
'
'97
•102
$4
1
10%
'
*9%
No par
Jan
.91
91
83%
42
41%
*95
••
;
bt>74
Pitts Consolidation Coal Co
Jan
91
*82%
1
97
61 Va
2
35%
83
41%
*96
12%
7
170
.
.97%*;,
89%
Feb
26
83
41%
84
42
*96
*87%
Jan
Mar 16
>
*11%
85
Jan
7,100
12
32
30
5,500
28% '
87%
3
159% Mar 15
13%
277/B
87%
3
142
13
<- '
*11
Jan
Jun
;
*90
Jan
Apr
13%
27%
12
11
July
13%
27%
89%
26% Mar 14
39%
13 %
27% :
91
t per share
30
13%
♦87%
81
169
100
108
*11
Monday
May i)
$ per share
Par
150
101%
*107%
-
*90
LOW AND
-/
112%
*100%
108
88%
*9%'Y 11
May 7
*111%
101%
*107%
11%
88%
-V
111%
*100%
1073/s
91
*11
11
111 %
1013/4
41%
97%
\ ■
150
111%
*82%
42
41%
•*96
97%
24%
-
26%
,
84
*82%
41%
*90
11%
*88%
—100
Saturday
■
14% Mar 14
320
107%
13%
26%
*96
;
,V.
90
13%.
27%
*82%
41%
*96%
97
111%
107%
13%
'
*96%
*100%
100
♦106%
27
:
>
5
100
.100
107
r
112%
112%
112%
)'•'
100
*993/4
3
common
*112
*106
Jun
Dec
96%
1,100
5
Pitts C C A St Louis
3
96%
25
EXCHANGE
4
■f
4,100
*
STOCKS
NEW YORK STOCK
24
105% Apr
5
51% <
24%
—No par
t per share
26% Feb 28
51%
23%
Hosiery
Range Since Jan. 1
Highest,
V
12,200
24 %
—100
Petroleum
Phoenix
Leweat
4,700
41% = '
24
Phillips Jones Corp com
5% preferred
Mar 30
'
•
42%
40 Ya
24
'
28
51%
243/4
42%
24
4% preferred
3.60% series preferred
6
51%
24%
•
24%
preferred series A_
Philip Morris A Co Ltd
11
Feb
43
39%
•23%
July
Feb
51%
39%
24%
July
30
51
24%
42%
*23%
♦my;
36 Ya
157
51%
24%
;
/
1,500
No par
93
Dec
40
90
11%
6,400
15%
138
43
105
'
11%
23% 4
Dec
23%
155'
24%
42
39%
11%
V, 23%
'♦96%
5;
Dec
Feb
24
40 %
♦51
51%
24
42%
39%
,
/♦ 104
105
11%
23%
7
90
♦103%
11%
42
%
♦231/4
105
11%
97%
,7
11% May
23'/4
•103%
.J
11%
23%
24%
42
23'/4
24
105
11%
23%
Phila A Reading Coal A Iron
Phllco Corp common
Sep
Mar
*23
•103%
11%
*96%
88% Feb
8
43% Mar 28
113
> 23%
i
23%
19% Jan
Jun
24%
200
23%
40% Jan
100% Jan
18,300
23%
3
Jan
10%
96 %
2
103%
10%
23
Apr
Apr
10%
96
May 13
98 y2
10%
23%
83
Jan
10%
97
25% May
34%
10%
'
23;
91
Dec
11f
51
107
30
10%
49%
~
100
tper share
9%
23%
*99%
HIrhest
*8%
97
*105%
Year 1948
9%
23/7
100
Feb
105%
'♦8%
97
100
9
•103%
10
No par
common
13
91% Mar 30
•103%
•8%
41%
51%
preferred
6
105
10
23%
40
preferred
10
200
104
24
24
4.3%
87% May 11
105
'
No par
Phlla
9
36
*8
104
42%
39%
3.8%
Apr
500
36'%
105
•35%
11
11%
42%
5
100
*35%
-
:*104%
36
103
104
12
3%%
•103
36%
105"
♦35%
10
•23
104
•11%
$6 preferred
Electric Co
♦351/4
♦104%
36%
•351/4
v
105
„
10%
23%
*103%
Banff* for Previous
Lowest
•9
11%
Brewing Co
No par
Pfizer (Chas) A Co Inc
1
Phelps-Dodge Corp—
25
Philadelphia Co 6% preferred-,
50
Mar 12
36
•104%
35%
35%
:
105
36
35%
105
•1041/4
35%
•
"
5
Pfeiffer
35%
35%
•103i/4
9%
_100
letroleum Corp of America
\
105
•34%
105
11%
No par
35%
•104%
35%
<*9
.
33 %c
preferred
•106
105
■104%
_100
Pepsi-Cola Co
54% Mar 18;
6
51% Feb
100
15%
31
14% May
6,700
15i/4
4
Jan
26
15%
25% Feb
10% Feb
400
23%
26
15%,
4
88
22%
3,100
-1
15%
Jan
Oct
22%
-
Pennsylvania RR
50
Pennsylvania Salt Mfg Co com—10
3%% conv series A pfd
^.100
Peoples Drug Stores Inc
5
Peoples Gas Light A Coke
100
107
101
Sep
•9
9%
7
Jan
Light Co
108% Jan
13%
Jan
•9
400
1,400
3,900
preferred
112% May 10
88%
17%
46%
7
92% Aug
77% Jun
81
46%
9%
8
Dec
33
47%
•9%
Jan
Jan
26%
*463/b
Corp
Apr
11
145
29%
10
700
17
29%
98
87%
140
17
29
19%
12
3
12%
17
29
107%
Apr
11% Jan
4
10%
17
29
19%
23% Jan
93% Jan
80'%
17
28%
•106%
18
37% Jan
26
•16%
19%
99
Dec
10
17
28%
107%
23% Apr
Jun
54%
17
23
'■
19%
19
97 y4
6%
2,700
•1061/4
21
39%
700
6%
6%
13%
19%
53 Ya Jan
Nov
6%
7
13%
107%
51% Jan
Jan
13
19%
24% May 13
82%
•6%
300
7
•106%
3
87
6%
4,600
25
7
'
13
12%
28%
*24%
19%
3
25% Mar
6%
7
IO71/2
3
'■
12%
28%
-
25
6%
19%
90% Mar 24
July
12%
•24I/2
7
•106%
22
110y4Apr
24%
•6%
17%
105
Jun
29
24%
67/8
12V2
29%
400
200.
1,400
19%
20% Jan
103% Jun
28%
2
28%
Jun
115%
28%
247/a
6%
28%
•1%
1%
-
29
•24%
7
1%
28%
$1 div preference com
4.4% preferred
111
2
28%
45% July
Jan
103% Sep
•17/B
1%
14,600
20 V*
•39%
107%
108
x48% Mar 30
Sep
1%
22 Ya
41
28%
21% Nov
Jan
91
May
104% May
24% Jun
Dec
22
55
July
41
19i/4
35% May 10
3
Jan
41
59.
•40
19%
5%
7
64% July
42
No par
Penn GLu'S Sand
17
20% May
v
•40
40
104%
21%
•19%
19%
Feb
Feb
20
40%
4
22
20
106%
12% Jan
Dec
22
20%
1,600
100
5
Feb
22
•19%
8,600
•
•103
104%
21%
20 y4
7%
17%
No par
7
40%
•103
21%
90
7%
17%
,
18
1,300
100
•99
7%
7%
,
21%
12%
*17
100
200
57%
57%"*
Penn Power A
Jan
44%
•99
10,500
14
1
10% Feb
14%
100
<
21,200
9%
9%
f •13% 'l
57%
•i9ya
7
*6%
17%
99%
3%
3%
■
1,700
9
110
3
Mar 11
102,
Penn-Dix'e
24%
*17
99%*
38
37%
9W
13%
2,000
No par
Coke
A
25
57
99%'
'
40
3%
3%
Mar
37 '
Mar 28
8ys Jan
Coal
29
24%
7%
57
104 y4
'
290
140
17% Jan
Mar 22
Jan
preferred
Penick & Ford
3
283/4
25
*67/b
56
91%
91%
•139
3%
9 %
•13%
•103
28%
5
56%
•103
1%
common
13%
104 y4
1%
12%
1,400
29%
91%
18
2%
13
20%
30
140
3%
:
9%
13%
7%
40%
13
3%
9%
14
17%
104%
*63/4
1,400
37%
7%
*39%
7%
52%
37%
17%
40%
*6%
52%
3%
7%
*39%
28%
7,600
52%
37 %
3%
9%
800
32%
2%
56
•:
22 Vb
*24%
4
20%
32%
3%
37
38
•13%
20
2.50
3%
17%
21%
No par
1
Shares
20%
32%
91%
•139
the Week
20%
30
91
7%
20
*2
30
140
•17%
22 Vb
1
29%
91
17%
20%
5
prior
*103
-
52%
7%
•
22
Enterprises
Peabody Coal Co
conv
104%
53%
gales fer
S per share
19% May
9
9%
15
Apr
A
Penn
-4
35%
Mines
5%
*103
32%
•138%
3%
9%
v
•'
*20
Co
Penney (J C) Co
111
7
17 y4 Jan
20% July
22% May
Patino
22% May 5
28% Jan 21
May 13
100
No par
Proof
10% Feb
5
7%
Mines
Transportation
47% Mar 28
Mar 25
17% Feb
34% May
Oct
16%
2
Rust
99
99
17%
l
Parke Davis A Co
Parmelee
100
•'
56%
7%
1
Consolidated
Parker
*56
17%
.
7
May 10
8
Park Utah
'
9%
13%
32 %
52 V4
90%
3%
9%
13%
•
7%
Park A Tllfdrd Inc
28
4
."3%
V- ;■■
20%
32 Ya
■
140
37%
20 y4
•20
29%
907A
139
38%
17%
Inc
29%
30
90%
140
3y8
l
preferred
issued
22
3
Jan
convertible
When
57
*99
53 %
3%
No par
com
Paramount Pictures
4
77/s Jan
12% Mar 22
jun
15%
Inc
26% Jan
42% Jan
49%
Dec
2% Feb
.
31
Feb
4%
Cos
*56
•
133/b
par
"53%
1
38%
'
9%
*13%
32 Ya
3 Ya
4
"9%
5
100
29 % May 12
27% Jan
9%
110
3%
2%
Pipe L com—No
2
Jan
38%
27
36%
preferred
3
23% Mar
17
Dec
15%
38%
No par
Car
20
24% Jan
Jun
% May
Motor
Paraffine
421/. Mar 30
3
6% May
27
20
53%
•29%
3fA
Panhandle Prod A Refining
3
1% Feb
Jun
4%
7
24% Feb
May
10
Feb
104% Jan
25
40
3% May
33% Jan
24%
8
8
19% Apr
9
3y8
American Airways Corp
Petrol A Transp
Panhandle East
7
19% Mar
26% May
53%
'
30'A
1
10
Pan-American
3
53%
32
32
90%
10
Jan
53% '
No par
20'A
Friday
May 13
May 12
S per share
tper share
•20
,20%
31%
*138%
4% Jan
8
32
91
43% Jan
12% Feb
32
140
11
92
2
25
•20
•29%
25
Jun
20%
*90%
3% Feb
21%
20%
*139%
32% Feb
Feb
34%
lo
Thursday
May 11
May 10
$ per share
$ per share
_No par
5% May
11% May
8% Nov
$ per share
Wednesday
Tuesday
May 9
Pacific Telep A Teleg common__100
6%
preferred
100
1
4% Jan
Corp
Pacific Mills
96% Mar 28
143
3 '/a May
Lighting
Monday
May 7
Apr
50 y*
25
(2117)
RECORD
Saturday
Par
62% May
46
CHRONICLE
LOW AND HIGH SALE PRICES
STOCK
$ per share
Nov
13% Mar
STOCK
EXCHANGE
Dec
4
YORK
FINANCIAL
STOCKS
Year 1948
Lowest
&
29
*17%
29%
18
*90
28%
28%
28
28%'
35
•
35 Vb
35%
35%
30%
30%
30%
30%
108%
108%
*107%
29%
29
*17%
28
18
*17%
„
*90
91
100
2,600
20,300
28
28 %
28
28%
7,200
35%
35%
35%
35%
30 Ya
30%
29%
30%
6,700
5,900
108 %
.
108 %
*108%
109
29%
x28
28%
*27%
28
18
*17%
18
*17%
18
109
,,
'
300
2,100
R
7%
63%
67/a
Oct
Jun
89
Nov
98 Ya
Jun
92% Jan
4
25%
9y4 Apr
4
95% Jan 24
Dec
34%
Jun
26
3
29
Jan
19
22%
Feb
3
30% Feb
4
4
19% May 10
X36
July
May
Jan
22% May
29 y2 May
,
$3.50 1st preferred
Radio-Keith-Orpheum
Ralston Purina Co 3%%
pfd
31
Jan
35
Feb
27% July
34% Feb
23% Jan
7
Feb
45
Apr
x37% Feb
15
43
Jan
3
4%
non-cum
31
Feb
39
1st preferred
Jun
31% Feb
10
36
Jan
7
4%
non-cum
2nd
10 y4 Jan
3
13% Apr
16
10
Dec
101
Jan
15% May
106
Nov
105
19
11%
Jan
7
106
May 10
19
14
4
8% Jan 27
Dec
18
14%
Dec
25 y4 May
18% Jan
Dec
13% May
Dec
66
6% May 11
50% Mar 21
May
11% Jan
,
17%
8%
52
Jan
5% Mar
Aug
83/4
Dec
15
% May
78%
Dec
99
Aug
10%
Dec
6%
Feb
2% Dec
5%
NOV
For
29%
8% Apr
Jan
5!/4 May
11% May
3
10
Jan
7
83% Feb
12% Jan
3
2 y4 Jan
4
preferred
Bros
...
95%
*94
12
11%
12
70%
„
70
70y4
8%
8%
8%
69%
8%
11%
69%
-
*69
8%
8%
95%
*94
95%
95%
95 y4
*95
*25%
26%
*25%
23%
23%
26
*23 y4
12
11%
-
26
26
26%
26%
26
26%
23%
23%
23%
22%
23
22%
23
24
12%
1,000
8%
7,800
4
95%
10
26%
500
24
*29%
30
*29%
30 %
30%
*30
30%
*19%
20
19%
19%
19%
19%
19%
19%
*19%
20
*38%
40%
*38%
40 %
*38%
40%
*38%
40 %
*38%
40%
*38%
50
*30%
32
*30%
32
*30%
32
*30%
32
*30%
31%
*30%
31%
*11%
12%
*11%
12
*11%
12
11%
11%
*11%
12
;
*ny4
12
110%
*110A
110%
*110,3«
110%
*110A
*18%
19%
*18%
19%
*18%
19
12 %
12 %
12%
*123/a
1,500
40%
12%
—5
100
No par
Inc
33,900
70
50c
'
*110
ft
*19%
12
30
30
•110 A
110%
*110
20
19%
19%
19
12
12 Ya
12%
A
*29%
110%
19
*11%
12%
12 %
*5%
6%
*5%
30%
30%
20
20
200
500
'
—
100
110%
'
200
500
(Robt) A Co—
$1.25
Reliable
div
prior preference
10
Stores Corp
No par
Reliance Mfg Co common
Conv
pfd 3%% series
Remington-Rand common
$4.50
Reo
7
6
Republic Aviation Corp
Republic Pictures common
9% May
2
Motors
Inc
convertible
5
100
*5%
*19
7%
*52
—
—
preferred
50c
8%
25
preferred
8
$1
'*94
8%
50
preferred
Reed Roller Bit Co
Reeves
11%
70%
8%
50
Real Silk Hosiery common
Reis
12%
71
8%
25
common
8% Jan
3
5% Jan
Co
3% Apr
<
'
footnotes see page 28.
Apr
2
9% Jan 24
22
6 Ya May 13
lr"
54% Feb
74% May 13
7% Apr 29
13% May
..
22
4
preferred
31
Jan
May 10
13% Feb 18
Dec
8
$2
11%
70%
8%
95 Ya
26
1
36%
Reading
*94
No par
common
16%
3
8%
100
Raybestos-Manhattan
Rayonier Inc
*71
1
12
71%
11%
No par
*72ya
1
6%
19%
8 %
54
8%
77
*5%
*19
6%
52
8%
*72
6.
19%
71/4
52
8%
74
*19
6%
*52
8%
*72
19%
6%
53 %
8%
77
*19
*
6%
52
8%
*72%
6
19%
6%
52
8%
76
*5%
*19
6%
*52
8%
*72'%
6
19%
*5%
*19%
7
7
6
•
19%
7
7,200
53%
*52 y4
53%
60
8%
8%
8%
4,800
74%
74%
100
77
'*7%
7%
7%
7%
*7%
7%
7%
7%
7ya
7%
*7%
7%
700
l
6V2
6%
6%
6%
6%
6%
6%
6V2
6%
6 V2
6%
6%
5,400
50c
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3 y2
3%
4,400
10
-8%
8%
8%
8%
8%
8%
8%
8%
*8%
8%
CO
8%
600
0
26
STOCKS
Bftnge for Preview
$ per share
22%
33%
Feb
Jan
Dec
93
111% July
15
21% May
82 %
Feb
102
Dec
8
93
May
10i/4
Nov»
29%
31
16% Jan
12
99 % Jan
8
Mar
Jan
4% Mar 23
.
18
19 >/4 Feb
8
Jan
26
Feb
25
103% Feb
5J/4 Feb
Apr
7
6% Jan
3
6
99
23
Mar
104% Jan
Dec
11% May
33 %
Dec
41'A Jan
34% Jan
43
Dec
50
Jan
42% Mar
7.
80
Oct
94
Jun
851/4 Jan
3
91
May 13
Preferred
3.60%
series.:
4
107
Mar 25
Preferred
4.50%
series
37
Dec
102% Jan
17
Dec
24% May
161/4 Apr
14
151/2
Jan
49
Jun
24% Jan
3
Dec
28
103%
17 «/4
103%
Dec
17
Sep
Feb
12
19%
Feb
'Jan
5
19% Jan
Jan
21
29% July
7
4
5% Jan
5
10% Jan
7
22
1
Feb
25% Jan
Apr
241/4 Nov
21
Jan
4
27% Apr
27% May
16% Apr
20
18% Feb
72
Dec
18 %
8% Dec
39% Apr
May
Jan
,
551/4 Jan
25
21% Jan
Dec
Sep
39%
Jun
113
61%
Feb
Jun
*«%Jan
3
27
35% May 11
8
8
61/4
Feb
32%
Feb
16% July
48% May
67
Jan
139% May
98
58
Jan
101
87
Jun
Feb
•
24
36 % Mar 22
122
Feb 16
91
8
Feb
79
Feb
13% May
91% May
80% Jan
Feb
15% Aug
10% Mar 19
8%
7;
6
May
5-
25% Mar
35% May
251/4 May
3
39% Mar
46% Jan
92
Apr
6
51.
May
88
Nov
95
Jan
87%
Nov
Dec
93% Apr
15% Jun
Oct
87
12
79
-
13%
Feb
Apr
26% July
8»
x83 % May 11
12%
83
Jan
.
t
30% Jafi
54
Jan
3
'
8
14
Jan
5
86
Feb ' 7
14% Feb
11
20
18% Jan
62%
Jun
49% Mar
4
55
Feb
20 %
Jun
16% Jan
4
351/4
Feb
Jan
59% May
8% Oct
36i/4 Feb
7
Mar
5
31%
5% Jan
27
81/2 Apr
23%
38
*97%
98
*97%
43»/4 Nov
341/4 Feb
15
39% Jan
*26
26 Ya
26
26
25%
25 Yd
*25%
"-16%
17
*16%
"45
46
(Jaoob)
1
•
No par
.
i—5
—
—
26
■
"10%
.
4%
8Ya
12% July
*9% Mar
9%
Dec
5%
Dec
94
14%
Feb
104
24% Nov
May 13
Jun
27
Jan
3
61/2 Jan
101% Feb
Feb
46%
Oct
Feb
27%
Jun
28% Apr 22
22% Jan
4
37% Jan
17%
68
Feb
79
Dec
77
811/4 May 12
9
Dec
12
15%
4%
Feb
29% Mar 31
Dec
8% Feb
5
14
'
Jan
Oct
J.1% Apr
8
14% Feb
46%
Mar
28%
10
Jun
31
5
39% Jan 21
7%
5
Jan
Feb
Jan
3
10
Mar 11-
6
1st
10
Apr
.
5
Lowest
t per share
3%
25
.
Dec
Dec
15
Feb
92%
Feb
$ per share
$ per share
7% May
.
May
2% May 11
22% Feb 25
44
Jan
31% Feb 25
32% Jun
160
Jun
19% Feb
11
$ per share
4% Jan
27% Jan
12 1
36% Jan
24
Feb
14
Feb
25%
Oct
18% Feb
8
35%
Jun
20
7
25
27%
Dec
39 %
Dec
90
91
Sep
98
15%
Dec
Jun
Apr
July
26
Jun
99
Feb
23% Apr 21
84% Jan 17
95 % Jan
15
Feb
3
11
31% Jan
24
88% Feb
3
100% Mar 25
17% Jan
14 Ya
Feb
96
Nov
3% Nov
5% Mar
23
Jun
104%
5
15
Feb
Jun
99
Mar
8%
17% Jan
7
100% Jan
3% Jan
Oct
3
7% Jan
May
13
4% Apr
8% May
39
Feb
45% Aug
40
Mar
1
46
52
Jun
60
53 % Mar
3
58% May
11%
Nov
36% Mar
36
Dec
25% Mar
20%
Feb
Oct
16% Jan
44
Aug
42% Jan
30% July
30% July
11% Feb 24
28% Jan
3
34
24
X39% Feb
x31% May 11
x50% May 11
58%
Feb
70
July
65%
Dec
73
Jan
12%
Dec
20% May
7% Jun
62
May
6
63
Aug
73
Jan
68
Jan
24
22
Dec
29% Jan
21
Feb
7
8% May
Feb
7%
Dec
14
61% Mar
74
15%
Feb
21% Aug
95
Nov
30%
Jun
24% Feb 24
7% Jan
May
May
23% May
29%
Jan
104
Jan
Jan
26
66% Feb
9
7'
7
7
72
Apr 25
24% Jan
7
29% Mar 30
10% Mar 31
5
14% Feb
7
71% Apr 28
16% Apr
6
23% Feb
Apr
5
13
Soqony Vacuum Oil Co Inc_
—15
Solvay American Corp 4% pfd—100
South Amer Gold & Platinum
1
29% May
19%
Dec
29%
Jun
Oct
91%
Jun
17%
Nov
27% May
4
103% Mar 17
86
Feb
109%
97%
Feb
121
Oct
54%
Jan
73
Jun
Oct
17% Apr 25
83% Jan 20
89% May 12
18 % Jan
28% Apr
98% Jan
109
3
21Y8 Jan
10
18
3
121% May 11
Jan
4
136
11
5%
8
.May 11
—7.50
.
•
common—No par
preferred
100
non-cum
/
1
(The)——
Spiegel Inc common
1
Sperry Corp
Conv
$4.50
No par
Squar- D Co
$4
& Sons common
preferred
r
■
_
Standard
$3.50
5
„
Squibb (E R)
•
—„2
preferred
1
No par
Inc
Brands
com
preferred
$6
prior
preferred
$7
prior
preferred
No par
No par
42 y4 Mar 14
Standard
74% Jan
7
Standard
Oil
of
New
Jersey—
25
26% Jan
7
Standard
Oil
of
Ohio
common
10
89
Oct
97%
Jun
96% May
Feb
43 %
May
16% Jan 18
41% Feb 17
44
41% May
31% Feb
9
38% Jan
10% Feb
5
13
35% Jan
3
94
6
32% Mar
88
Feb
97
23%
Dec
Jun
Jan
8
Mar 10
15% May
39% Jun
Jan
Jan
24
7
18
40% May 13
ioo
Jan
27
28 V* Feb
18
Standard Oil of California
3Y4%
Oil
Starrett Co
Sterchl
Sterling Drug Inc common
3% %
Jan
9% Jan
15
Dec
20
Jan
15% Jan
4
17% Mar 14
11%
Jan
18% July
29/4 Jun
12% Feb
25
16% May 12
16% Feb
10
21Y4 Jan
Studebaker Corp
6% Feb
7
16% Mar
7
Stevens (J P)
& Co Inc
Stewart-Warner
—15
Corp
Stokley-Van Camp Inc
5%
50
100
Stone & Webster
13
f
5
preferred
18
7
1
(The) L S—-Nopar
Stores lnc___
1*"
Feb
12% Apr
13%
13%
13%
85
84%
85
15%
15 Ya
■;
93 3 4
84
;
84
85 '■>
-
*15Va
15%
50 Ya
*50%
51
18
18
44
'
•
44%:
•45
/> 7%
7Ya
-7%
7%
37 Ya
37 Ya
37%
10
*7Ve
10
10
•
X37 Va
10
5%
5l/4
5
7%
7%
7%
*83%
>
85
29
-
•
5%-
/; /■
:
85
28 Ya
:
81%
9%
i 9%
/ 9%
13'//
*12Y4
35
-
■
5
common
1
20
2%
2%
23%
24%
*34%
35
*34%
35 %
35
35
22%
22%
22%
22%
113 Yi
24%
25
18%
22 Va
25%
V,
112%
113 Y4
18 Y4
22 Va
Ya
25%
2Ya
115%'
*83%
85 %
*83 Ya
*97
99
*97
16 %
16Ya
16 Ve
16%
15 Ye
100
3Ya
15%
16
*99 Ye
•
(The).
100
100
3%
//
8Va
8 Ve
3 Ya
8%
*44 %
46
*44%
46 Vi
46
46
*56
57 Ya
*56%
57%
56
14
*13 Ye
14
13 %
29Y4
*13%
*37
Nov
11%
Dec
98% May
50% Mar
70% Nov
120
July
113%
Jan
9%
Feb
Jan
17%
Dec
15% May
21% Jun
18%
Dec
26%
5>4% Mar
43
For footnotes
Jun
July
see
90
Jan
8
52 % Feb
10
117
Jan
17
x9% Feb
24
15% Apr 29
X17% Feb 24
36% Feb
page 28.
14
7% Jan
94
Feb
18
26
61
Apr 13
119% Apr 14
11 Ye Jan
8
17% Jan
13
19% Jan
7
43
May 11
Sun
'•
'
Chemical
Corp common
1
'
1
$4.50 series A preferred—No par
Sun Oil Co
common
Class A 4%%
pfd
Sunray Oil Corp common
4%% preferred series A
4y2% preferred series B
Sunshine
Biscuits
Inc
Nopar
100
1
25
_25
12.50
18,700
S Va
8 V8
3,100
:;
6,500
c:
49
*56
200
56%
13%
13%
29 »/4
/:
38
300
3Y4
*46
V
100
700
'
29%
2,300
:
29%
37 V2
32 Ye
32 V8
32 %
32 V8
32 Ya-
32
32J'4
32%
32%
8,100
32%
32 Ya
32%
32%
33
33
33 Va
33 Ve
33%
3,400
39%
40
39%
40
39%
40%
39%
40%
12,500
32
32%
32 Va
32 Ya
x31 %
315/a-
31 Ya
32
32
323/a
51Y4
*51 %
51 Yi
x50
%
50 Ye
*50%
"51
50%
50'A
64
*62%
64%
*62%
64%
*62 %
62%
€2%
*10%
11
11
.11
51%
*62%
*10%
4%
*4%
11
*37
/,
4%
4%
*4
4%
*71
23
26 Ye
26%
11
39 Ye
-
.
"
A
64J/2
V
4%
4%
*4
71
x22Ye
23
26 Ve
26%
4%:
4%
4%-
4%
4%
4%
4V4
>
4%
*69
72
*69
71
*223i
23
22%
23
26%
26%
2C%
8%
■Vi 25%
'
8%
38
*37
>'./ '/•'
11
11
r
40
V
'
74
22%
26 Ye
10%
4%
*71
74
*22%
38%
8 Ye
100
,
5,500
800
'
:
100
400
/ v
4%
2,100
4%
200
60
72
23%
600
y
26
5,900
8%
4,400
8%
8%
8Ya
8%
8 Ye
8%
*70%
71%
70%
70%
70 %
70%
70
70%
*69 Va
70
*15%
15 y4'
*15 %
15%
15%
15Ya
15 Ya
15%
*15 Ye
16
28 %
28
29%
28 Ye
29Va
28 Ya
29 Va
2,700
102%
1013/s
1023/4
101%
lOlYa
150
18%
18%
*83%
-89%
70
/ 26%
271/4
7,800
*28%
101 Ya
28
29
101 Va
101%
*101%
101%
18%
881/4
26 3/4
27 Va
*87%
r-
26%
*120
18%
%
88%
89 %
26 Y4
27%
26 Y4
27 Va
121%
183a
18 Ya
88 %
18Ya
121%
121%
134%
135
136
18%
xl8Va
18%
88 %
*87%
88
27
120%
121
134%
134%
134%
65Va
65%
64%
65
121
121
*120%
134'%
*134
40%
69 Va
673/4
23 Ya
134%
1,100
64 Ya
64 Va
65
64 %
64 Ye
6,000
40%
40 %
40 Ya
40 %
40%
68
68%
68
8,20C
20.900
241/4
24%
10,300
24,
96%
96%
96%
96%
15
15Va
15
15
*96
15
V
.
67 Ya
241/4
i
15%
.
43%
*42V4
*31%
32
*311/2
32
11%
*11%
11%
40 V4
40 Va
*42%
43%
*42%
431%
*31%
32%
*31%
32
11
*11
llYa
11%
39Ya
40
40
39%
*95
25
12%
39Ya
39Y4
39Y4
393/4
y
2,000
15%
*42%
43%
/
200
98
43 V2
32%
\
24%
*96
.
15%
31%
,
V
93
15'/a
151/4
67%
68'/a
24%
*96
93
*42%
11
900
64%
6 8 3/8
24%
11 *v
7,700
23 Ya
41%
68
24
*10Y4
90
600
121
134%
vv
40%
vvy
41
X41
.
y
.
700
600
5,800
.
*96
98
25%
25%
25%
25%
25%
25 Ya
25Y4
26
26
12Ya
12 Va
121/4 '
12 Va
12%
11%
12
12
12
2,300
10%
10 3/4
10%
10%
10%
lOYa
2,700
98
*95
*95
98
*95%
98
98
,
■
5,300
11%
11 Vs
10%
10 3/4
*16 Ye
16 Ye
*16 Y8
16%
*16%
16%
16%
16%
16%
16 3%
16 V2
16 %
*153/4
16
16
15%
16
16
161%
163e
16%
7,700
16
20%
32,400
15%
18Y4
18Ye
11
18Y4
19%
16
18%
19%
19%
193/4
19%
.
19%
'
6%
91%
*
100%
3%
29
*37
1,000
16
15%
14
29
29%.
29
38%
29 Va
*
14
210
15%
*99%
56
*
98
8Ya
8
8%
8
85%
3Ya
57%
800
600
2,700
25% /"'
15%
100 %>
-
/
19%
*83%
/V
•16
'
1,000
22%
*97
85%-
*99 Ya
'
3%
113%
25%
r
15%*:;
15 Ya
16
/
4
1,800
200
y *22
•98
15
/
15,800
113%
25 J/4
85%
3,000
1
22%
*181/2
25
98%
Shares
/:/■
22%
19%
98%
*
the Week
35Y4
V
22 %
*84%
8ales for
-
.
:
*34 Ya
'
22'%
,
2,600
24%/
24%
*18%
*
4,800
5%
3
3
24% -24%
19
-
Sper share
2%
21
35%://'
'.
5%
Friday
■
700
:
"HVe
Nopar
prior preferred
35
$ per share
'
200
900
13%
May 13
23%
112Y4
17,200
50
9%
May 12
3
22 Ya
2,400
Thursday
v
$ per share
share
3,400
27%
*13
-
6,200
84
9Va
•
600
>
..
29%
■f *81'
SYi
2,500
29
27'
.
35%
•r-
V 5 %*
'
13 V2-
'35 Va
35%
-5%
May 11
*18%
13,200
7% //; >,
63
29%
81%
.27"
24
112
300
.
•5% >
7V4
28%
29%
29
26%
5% ->
*21%
'
10
*5 Va
;/
29
2 Ye
23%
37 Y4
Vv' 83 V-
82
May 10
3 Ye
■»'
::>•
7%
*82
...
$ per
•i 7% /
9%
5% >
,
* 7%
29 Va
13
13
-
/
26% >
i 9 Va
9%
35 V*
35 Ve
85
*80
84
*12%
/
5 Va
%
29
26%
*9%
1,500
.2,100
V;
37%
10 '1
26 Ve
29%
26 Va
600
.
13 Va
44%
*7 %
r
7%'
37Ya
9Ya
29%
29
28%
*80 '
/
37%
7%
28%
18
44%
-
;•••'
51%:-
*50V4
18 Va
45%-
-
1,000
~
i /
•
5%
*83%
15%
18 Ye
•
'
15%
15%
3 2 Ye
11
39Y4
98
25J/e
12Y4
80
85
*84%
51%/
*50 V2
18%
44
/
f.X
52
18
45
.
15 Va
20
2,400
13%
32 Ve
33%
39Y4
*95
25»/e
*12%
30
i
,
37%
69%
*10Y4
400
84
*29%
y
41 Ye
*32%
1,100
8,000
93%
1
13%
13%
100
/
,
•:
54
53%
54
'-95 '■
*84%
-
lOYa
26%
*83%
44 Ve
13%
>
24%
24Ye
*96
98%
15 Ve
15 %
*42%' 43%
'
10
11,400
r
87
10%
26 V*
V.
*93%
>/:
70
-
7 V4
*53%
>.v
8%
,.
Bros
Dec
3
83%
44 Ve
32
*51Y4
*62%
*10%
*4%
*4?
73
*22Y2
26%
85/e
-71
68%
:
100
Spring common
convertible preferred
:
9%
14% Jan
95
*56%
32%
41%
25
Indiana—
Steel
12%
11% May 12
No par
preferred series A
Standard
4%
of
36% May
16% May
24% Jan
54
13% '
22J/2 22%
112
112 %
V
18%
18Y*
'
21 Yi
22V4
24Y4 24Y4
*84% 86
98Ve 98Vn
"16V6
16%
*87
No par
7
11% Mar
*53%
1,400
90%
>85
:»
'35
*93%
40%
102
7
10%
10%
26% '■ 26%
x83%
6,100
90%
7%
85
10%'
96
53%
23%
18%
18Ye
88%
27%
27%
*120
121Y4
*133% 1.35
65 *
65
No par
Standard G & E Co $4 pref—No par
22% Feb 25
38
:
85
3,700
40%
■
91%
7%
130
../,
•
lOYa
*100
-
f
19,700
'
37
10%
102
'
*88
■27
!* *
65% Feb
36% Nov
:
10%
26%
23%
35 Ye
•
40%
403a
*100
<
84%
.,/•
35%-
33
j
Jun
25
85
26%
25%
23 Y<
"34Ye
*3%
600
•-.vM'",:
110%
10%
•'7% >
10%
3%
40 %
32
52
64
11
'4Y8
4%
73
23
26Y4
8%
71
15 Ye
15 Ye
29%
29%
IOIY4 102
40
.Mobile & Ohio stock tr ctfs_—100 1
Spalding (AG) & Bros Inc
1
Sparks Withington
No par
Spear & Co common.
1
1
$5.5o preferred
t
No par ...
Spencer Kellogg & Sons
<
33
•
No par
Co„
Jnn
Feb
101
91%
7.
87
/,
3
4
800
.
■
'-110%
110%/
•35%
K)%
40%.
'
*88
7%
10%
16
*37
32%
Edison—
53
14
*85
$ per share
,
100
91%
7%
99 Ye
4,
;
i,—25
-
California
35
Oct
*88
May 0
Ay.
'•
-
23 Va
35%
110%
'
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
15 Ya
<
preferred
92% Jun
15%
101 %
35%
99 Ye
25 y
8%
Feb
Feb
'■■■■ /A/:
'
~
9%
9
23%
23
v
110% '
40%
40%
101 %
5%- /-5'%
8%
Feb
11%
•
-
16
100
46
58%
13Ye
29Ye
3s
Nov
100
17
44%
'■'-5
100
15Ye
-
8%
23%
9
"40%
18
45%
35
1,100
1,400
17
44%
/
10% i
*84%
7%
38%
9%^ 10 •*
5 % - - 5%
7%
7%
*84
85%
28% 28%
29% 29%
26% 26%
*81% 84
9%. 9%
12% - 12%
35
*56
13%
*29%
69%
36%
10%
13%
15%
51%
7%
24%
*43%
& G Co com_4.50
E
preferred
50
conv preferred
50
Southeastern Greyhound Lines-—5
South Porto Rico Sugar com.No par
56% Feb
36% Feb
6 7 Ye Jan
24%
5%
\
79%
10%
*83%
Monday
May 7
5Y2%
South Carolina
Pacific
Jaa
10%
85
/ -
37%
Saturday
35
>
Railway
3
100
.
35%
53%
18 .
45%
.
No par
Southern
Jan
64
5
35%
*94
15%
51%
18%
46
$ per share
*3 Y
3%
No par
Southern
5
15%
51%
' >y
.
—No par
7
6% Jan
Mar 22
85
>
Par
-
Co
7
25
4
y ; '
Coalition Mines-
3
4% Feb
Dec
•
..
.
,
May
49% Jan
13% Jan
Feb
Silver King
■
.
41
21
4
.
,
■
22%
*110%
35%
13%
*13
13%
85
23
22%
110%
84%
*83%
.
7,000
25%
'■///
35%
A 96
1
Southern Natural Gas Co
61
"94
5
<
■
22%
*53%. 54
*18
YORK STOCK
Southern
Jan
25%
54
84%
1,400
98
9%/
■'
110%
11%
25%
"10%
96
15%
*51%
No par
5
10 % Apr
4
20%
18
32% May
62% July
Jun
10
40
5
50 %
5
Feb
7
Feb
5
39% Jan
26
Feb
16
26'
29% Jan
43%
7
24'
14% Apr
26% Feb
•
37 Va
98
25%
17
;*9%
'.
1,500
37%
•
1
May 12
36% Jan
33%
8
'■
24
40%
40%
103
103
"88 91%
7
7%
86 Wi. 86 >
7%\
87
11
"26
22s/e
22Ye
Skelly Oil Co
—
15 »■: 112
112
Sloss-Sheffield Steel e Iron
20
"18Y,
19Ye
Smith
(A O) Corp
———10
*21Y4 22>/a
Smith (A) & Sons Carpet Co com—20
*24%
25%
3%% preferred —
100
*84% 86
4.20% preferred—
.*100
98%
98%
Smith & Corona Typewriters-No par > *16
16Ye
Jan
V\"• v- ' ;>>l '
'-
-
Sinclair Oil Corp
21% Jan
Dec
80
:
Co
&
Simonds Saw & Steel
127% Jan
18
;;
Simmons
7
Jan
23
'
"84%
'—1
No par y
1
EXCHANGE
Highest
36
Dec
34
Lowest
91%
7.
,
100
series A——
STOCKS
Highest
5
common
>•;,/ 10
10%
300
8Y4
23%
44%
*43%
10Ye"
400
u
17
•'
44%
44
;
300
24,900/'
y
4r^8
8Y4
38
-
460
16%
*23
23%
38
200
.
.
- 22%
22%
*110% 110%
35% 36%
"
10%
10%
40%
"88
preferred-*———100
NEW
Range Since Jan. 1
10%
'10
17
*16%
17
45
,
103
pfd 4.4(1%
preferred
17
45
.
•
<38
,1
•
37%
,.
4%
8%.
8%
*23
l:
16Ya
16%
4%
*4%
i
,
t>
6,400
.
91
*16
f
"98
.
*23
'
40%
„
Ry Co—100
preferred
100
non-cum
Range for Previous
Year 1048
r"
v-tc:—100.
A-5%
series
8 Ye
:
-
31% May
30
Feb
;
4%
85/e
17
*10%
22%
22%
110% 110%
«36
36%
10% 10%
•
:
St L-San F Ry Co com v t c-No par
Seagrave Corp
Sears Roebuck
11% Jan
Jan
*
*4%
8Ya
45 %
45
*45%
*7%
7%
37%
38
Seeger Refrigerator Co
..
—5
~
9%
9"% >■
Seiberling Rubber Co—
—1
*5% y 5%
Servel Inc common—
1
7%
7%
$4.50 preferred
'
No par ;- *84 <
86
Shamrock Oil; & Gas
-1
-29%
29%
Sharon Steel Corp.i
No par >
29%
29%
Sharp & Dohme common
No par ;
26 u.
26%
$3.50 conv pref series A—No par
81% 88%
Shattuck (Frank G)
Nopal ?
9%
9%
Sheaffer (W A) Pen Co——
1 12%
12%
Shell Union Oil
4
J
15
V 35
' 35 Vn
Sheraton Corp of America
:
1
--*5% A 5%
5
11% Jan
83
36%
'
8 *
5% May 12 •
7% May 13
8% May
Jun
9% Dec
St
24
,
5
.100
.'-10
common——
>
4 Ye
8%
'
''
r
preferred
Joseph Lead
4%
8%
*23%
17
*16
17
*16
"4%
10%
;
;
106
/- 37
-
26
Seaboard Oil Co of Del-
8
471/4 May
91
106
99
26
2
Wks Inc
Seaboard Finance Co
18
Feb
*43
(
900
44
>
17
*37%
5%
11
:
.140
36
■/.?■
37 %
17
*23
Seaboard .Air Line com Yt C--N0 par
191/4 Mar 18
36
;
36%
98
3.35%
7
Feb
15%
'
>
;v
1,300
5%
5%
l
4,700
102 %
*102
.17
*16%
v :■
38
Savage Arras
12
3
16 Ya
38
23%
series A—
-100
*86.:
Corp—L
;
5ll
Schenley Industries Inc——1.75 .
25%
Scott Paper Co common
No par *
*53%
$3.40 preferred
1
NO par
*94
SCQvfll Mfg Co 3.65% pfd.,
100
:*83%
Scranton Elec Co (The) common—5
*13
Jan
16%
36Ye
16%
37%
36 Y4
91
106
98
St itegis Paper Co
"Jan
105%
37%
5%
13
91% Mar
*16
92:
105%
20
..
5 Va
21 Yi
5
21 Y4
.
P.y;
44%:
44% '
f
*90 >
!
■
36
37%
Preferred
7
May
X96 i
*43
:
:
,
5%
5%
35% f
97Y*
5 '
May
12% Jan
90
105%
105%
-
'•/>
102%
"5%
35%
44%
90
*
t-
102%
'
•
-
22
96%
*94
.
5Va
;;
21%
35%....,
*43
V
5
-5%
102%
102%
5%
5%
35%
■„
"21%
*97%
,
7
.91/4 Jan
87
102 %
.
5
.
22
*37 %
18%
St Louis Southwestern
19
44
-
*
25
Jan
5%
5
21%
96%
*94
97%
5%
12% Jan 25
42% Jan 26
7
Apr
95
38
Safeway Stores
3
48% Jan
3,600
95
"37%
Ruppert
23% May 5
113% Feb 16
109% Apr
'94%
,
17
>>;vv, s
16 %
13 Va
"97%
conv
preferred series A
,
/>:
107%
1,000
12%
"23
__No par
Royal Typewriter —.—
Ruberoid Co (The)—
12% Mar 12/
3
"8% Jan
93%
13
25
Corp-,
Ronson Art Metal
3
54
93%
12%
95
12%
■
16Ya
37%
17
93 %
13
—100
4%
12
Mar
17.
16 Va
37 Va
93
12%
-—20
May 10
15% Mar
*
16%
"16
37%
17
"4%-
21,200
93%
93'/a
12%
105%
43%
90
21%
S per
$ per share
preferred—
4%%
3
41
98
1
—~No;par
6
35%
43%
"88%
"105%
"43%
44%
"88%
9o '
105% 105%
v
Roan Antelope Copper Mines
Robertshaw-Fulton Controls com__l
20
3
21.
36% May
96% Apr
"•
*5%
35%
21%
93 Vs
21% 22/
"102% 103
>
21%
20%
5%
5
Shares
21%
20%
37%
17
4%
8%
24
Oil
Richfield
Ritter Company
12
May
'94% 95
5%
5%
"21% 21%
102% 102%
' / "5%
6
y
35%
35%
share
21%
93%
$ per share
share
Rohm & Haas Co common
5,
4% Mar
July
Rheem Manufacturing Co
13
38% May
12%
94%
gales for
the Week
May 13 >;
May 12
May 11
,'20%
95
13
94%
95
y
-100
—100
S per
$ per share
20% 21%
95%
13
,•
May 10
Friday
Thursday
Wednesday
Tuesday
May 9
„.y
'
Reynolds Spring
—
1
Reynolds (R J) Tob. class B
10
Common
——-■—10
25
8% Mar 25
Jun
7ys May
4%
6%
Jan
45
3
,
"93
13
Ss Brass com_No par
5%% preferred
100
Rexall Drug Inc
2.50
Reynolds Metals Co com
No par
5%% convertible preferred—-100
5%
92
\
Revere Copper
5
5% Apr
May 7
$ per share
21% 21%
Par
Republic Steel Corp com
No par
6% cony prior pfd series A—100
7
110
May 12
12% May 13
Oct
4%
27% Jan
20% May 10
Oct
103
'|y
f per share
t per share
$ per share
Monday
Saturday
'
EXCHANGE
Highest
Lowest
Highest
Lowest
"
STOCK '
YORK
NEW
'
Monday, May 16, 1949
...
SALE PRICES
LOW AND HIGH
1
*
'
Range Since Jan. 1
Year 1048
\
RECORD
STOCK
YORK
NEW
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2118)
7/
*
*90
*59%
7
7
7
93
*90
93
59%
59
r *117% 119
1 ; 11
11%
*117%
*16% ^17
19 %
19 %
*16i/2
42 %
42 %
11 ~
19%
42%
59%
119
11%
6Y8
7i/a
*90
59
11
6Ya
*7
*90
57
57
.
119
*118
10%
11
11
119
"
-
>
93
56
*116%
16 Y4
•16 Y4
16%
163/4
*16%
163/4
16%
16%
19
19%
19%
19%
19
19%
19 V«
19%
42%
43
42%
42%
42%
523/4
*41%
42%
•'
•
21,300
11%
11
19Ya
42%
4,900
119%
11 %
17
-■
1,300
7%
*91
56
93
59
19%
7
7%
93
♦117Y4
119
10%
6%
58%
59
♦117%
-
*90
93
600
600
-
4,200
2,300
THE" COMMERCIAL
Number 4803
Volume 169
NEW
•
i.
1140:
.7% Mar 25
235
•Mar,,-f
139
Jun
;
44%vJttH.
■.
l6%>. Jan ;
share
7
79.- -Dec >y,
4% Mar *
ft Feb 25
12
-
25
;
:
''
f:
t per share
•*11
t per
*
J-7
7>
89 \
2
*140y2
148
33%
35 'A
35%"
"
8%
8%
29y8
10% f 10%
io%
■
2iy2
-
21%
preferred—___par
$4
*82
•
Symington Goyld
:!■;
; 21%
•
83%
v
4%
•%
■
K:jf7 4%'-^4%;
(s i';
?>., 'rt'tx *-,A
i...
.9% Mar...
3% Dec
14% Mar
52
Nov'4
y4, Nov |
Feb'
47
19
Nov
67
Jun
10% Mar
4»/« Jan
1
17% Jan
Tennessee
55% May
17% Jan
Texas Co
Texas Gulf
Feb
10
25% May
13'A Feb
5
71% July
.
58
Jan
4
17%-Feb
26
*
49
Oct
25
Talcott Inc
8
2
May
xl5% Mar
19%May
15
(James)...
*10
Telautograph Gorp....
29
Dec
10%
i
Peb'
45%
Dec
5 Yi
4
,
48% May
33% Feb
65% May
39 ;
20%May
9
•.
:
Dec
24
Texas Pacific
34%
6%
Jun
Jan
95% Jun
32%
:V
V
Nov
107 %
% Mar'*
17% July 1
4%
V
r"
Inc
$1.25
MM. mOL
...1
63
"
•
8%
29%
16%
19%
*82
:
v
2,600
10%
10%
5,800
; 4%
■
3,200
21%
83%
4%
r
10%
83 Va
.4%
>
200
28
21«/2
>
"84
*4%
f
300
-
29
2l%
21%
'
83:
4%
:;
;
20
•=
2,900
,■
L
-
■
>
7
^
,
7
10%
:
,
*10
3%'t
*10:
:
10%
3%
io%
3%
,3yg.
,3
*10
•.'
•
500
3'/a
3%
15%
63%
r
63%
21%
15%
15%
15%
15%
15%
400
55 Ye
55
55%
55 %
55%
55%
55%
9,400
14
"
v'
15%
54%
-X20%
21%
-
Jun
14.
63 »A
13%
14
14
14 %
14
14 Va
4,600
63
63 Va
63
63 Vs
63 %
63%
20%
20%
20%
20%
20%
20%
20%
44%
39
39
63 %
20%
-
*15%
5% Dec
13
8
8
->1
4%
preferred
>
Mar 31
.
Jan JL0
13% Mar 30
2,000
•
-
6,900
4
(
16% Feb
28
11
-10%. Apr
102% Jan
15% Jan
13
3
32%
Jun
101
13
98% Jan
'
May 13
35 % May 12
«
3
7% Mar 14
Feb
11
29% Mar 14
5% Feb
11
25
14y4 Jan
6% Jan
12%
7
,
ioo
*10%
H
*36
*38
:
■
104
r
ey8
*27 %
22%
"j 103
.•,
22%
;
38%
38%
*85%
2%
•*
36%
200
500
38%
87
6%
'V>.
300
a
400
20
2%
7f 2%
•*24%
'>
".
1,300
•
■
>
250
25%
22%
22%
22%
104%
104 V4
104 V*
16%
16%
16 %
16%
•
22%
*163%
16%
16%
103%
104
,
<
r
3,500
>70
2,900
40%
v
40%
40%
40 %
40%
40%
40%
11%
>
ii y4
11%
11%
11%
11%
11%
-
13%
(13%
13%
>
12%
."
13
*14
12%
15
*14
7%
7Va
;
*
15
7%
100%
101 %
.
11%
11
23
23
23%
35
35
35%
101-
101
'
7
*100
102
-7%
101%
11
10%
22%
*34'A
10,500
„
101%
180
•
•
ny4
23%
23%
35%
600
35 %
101
7
10,700
100
7%
.,7
*11
.
2,000
3,000
;
15
*14
.7%
:
100% 101
-
,
11,500
.
,
300
:
101
'
6%
6%
*27%
.
-
700
,
.
8%
'■
i 103
116 % Vvl6'A
j
3%
18
*8%
*85%
2%
25%:.
100
500
,38%
87
-2%
*24%
22%
"1
160
r
5Va
•*17%
8%
1,300
,
,13
3%
4%
18
8V2
25%
.
5%
•?36
*17%
'
22 y2
.
36%
:
87
i2%
*24%
>"
.
28%
•
25
■.
5%
38%
*85%
"
2%
'O
700
5%
28%
13
•
13
'3%
5%
*28
8%
38%.
86%
*2.'%
25
18
*8%
38%
*85%
t,>
2%
24%
*17%
v
28%
*5%
4-%' >4%
4
■:
•••?'■
35
-
*6
7
23%
r-6%
•:
7%
100
23%
'*34%
•
36%
*36
36%
40 y4
40%
7 ,ii% vll%
12%..:
12.% '•'i 13%
*14
14 »A •i4y4 '7
.15
7% •7 7%
7%
7%
100
100 \ ; ,*ioo% l06»/e
11
,:7
11
V l'l
I
23
23%
23
f'23%'
35
"
*34%
*34%
35
101
*100%. 101 »r („>10O
,7" ,6% 7.6%
6%. "i 6.%;,
*27
28 %
*27%
•27%;
6 :f. • :■>
-5%
"
5%
5%
15
,•7-7%
*400
*12%
P'A
5%
:5%
28
11%
12%
12%
*14 %
;
12%
5»A
5%
:
200
2,600
15%
40 %
*
.
*12%
'
11%
!
86
2%
*24 y4
22%
40%
;
13
4
22% 77
*102% 103%, r
16%
16%
16%
-*11%
Century Fox Film com—No par
$1.50 cbrtv preferred——l_No par
$4.50 prhMr preferredik^-ka-No pai
Twin City! Rap Transit com__No pai
5% conv prior preferred...-^—50
Twin Coach Co
1
May 11
4%Jan
Jan
22%
5%
28%
17% 717%
b%
•8%
39^.7
7" 85%
i"7
2%
25
*>40%
20th
23 y2
87
2%
16 %
TrirGonfcinentai. Corp common-.
1
i
$6 .preferrecL——UumuU^No par
Truax-Tracr Coal Go^Utk__i
4
6
Jan
.<
Western,Air Inc.^—5
Tra'nsue «te Williams SteeL.kkNo par
4
»
.*24%
7 22%
7*102% 103%
Tim ken
7% Mar 30
21
Jan
July
*86
7
15%
5%
*86
7,900
9>/4
V.
'
*38%
8%
*39
15%
t
40%
40
•
9%
5%
,7-5%
,
44%
V2
9%
vl5%
41
9%
28%
4% V-
*
^
15%
.17% 7.
*8%
39
15 y8
i'43%
45
44%
*39
,
9%
*5%
'
36
17%
8%
.-*38
Transcont'I &
Jan
<
*4
18
..*8%
Roller Bearing—No par
TranSameHca Corp
2
6% Feb
4%
*4
36
45
*12%
5%r.
-
Tiniken Detroit Arle2
43% Mat 30
12 r Mar ,9
36%
.-*17%
100
Thompson^Starrett Co com__Nopar
;>
$3.56 cum preferred
_U.No par
Tide Water Associated
Oty comi—10
$3.76 pp-?ferred—___.
_.No par
19
14% Apr
*36
.
Thompson.. (J R)____».-»k__ifc_k__15
Thompson" Products icoiA____No par
105
>19% Jan
32 %
div conv prefetred
50
Third- Avehue .Transit Corp__No par
Thomas Steel4 Co (TheJf.__iwi
1
,
9%
:,
*28
13
*5%
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9
May 11
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31%
14 V*
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55 y8
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20
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10 > Dec * ^13% Jan
9% Nov 5;
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23% Apr
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51/4 Feb 4
96
2
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2
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7% Feb 23.
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21
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19
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17
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55 y8
63
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Texas &
7
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3
-
6% Jan 19
37% Jan
7
25% Apr
12% Apr
May
13%
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19%
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28
Thatcher Glass Mfg Co common-
24
l
1% Mar _*
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48
46
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8
29% Feb 28
13 ft Mar 16
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85
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10%
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Apr
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900
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65 y2 Mar 11
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160
146
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-
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Feb 21"
7
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LOW AND HIGH- SALE PRICES
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.
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82 v-Jan
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v
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Dec
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(j[ ,7 EXCHANGE
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n
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STOCKRECORU
"
Highest
^Lowest
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-
FINANCIAL CHRONICLE
>':»•■
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Yeafr 1948
(u'i.j.t Lowest
YORK
STOCKS ^
Range for Previous
&
28
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6
•
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-
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28
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28
28
•
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800
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.
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12j-
Jan
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7
59 Vt
Jun
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~
16% Jun
39
■
27% -Feb
\
37% Nov
101
Oct
8% Feb
10% Mar 17
3
46
8
12 3/4 Apr
6 '
23%.May .13
31% Jan
7
7
26
42
Jan
6
111
•
Jun
Apr
"
». "t;
Jun
94
Jan
13
94
Jan
86% Jan
7
92
Mar 31
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11
:
9%
9%
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,
41%
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t
38
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Union Carbide: & Carbom^—NO par
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1
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40
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110
i
;
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120
~
91
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98
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V 80
2r% Feb
38% July
96 y* July
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45% Sep
7
31.%
4
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51% July
48
Apr. 16
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:7
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i
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41
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60
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v
Mar
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-
7
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18
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9
10
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3
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7
2
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51
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22
65
Jan
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16
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22
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3
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20
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35
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58 y2 May
48
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23
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7
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89
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24
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U
20
U
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86
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37%
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3
10
Jan
>
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21
21JA
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11% Jan
3
16
Apr
7
7% Jan
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19
8% Apr
18
52% Jan
12
9% May
7
-
53% July
58
July
.
>37%'May
94
May
«
£
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140%
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3
88% Feb
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7
64% Jan
13
Jan
72
3
r
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43% Feb
4
3
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•
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34
21
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Feb
20
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15
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.
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8
Mar
5
Feb
10
3
7
Apr 28
Jan
8
Mar 29
17% Jan
7
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17
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4
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156
5%
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7
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80
Apr 29
Dec
170
4
16
22%
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33
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70
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37
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49
48%
49
21%
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49
37%
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98%
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16%
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93
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94%
94
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183
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165
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1
5
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v
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Universal- Laboratories Inc.
V
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5
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183
37
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100
United Stockyards Corp_„_
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200
36
10%
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32%
21%
23
5
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32%
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2,100
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99
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v
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700
12%
74
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2,900
105
73%
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52
16
18
Smelting Ref & Min
4% '
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;
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243/8
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105
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43
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16%
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52%
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Rubber. Co
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43
'
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42
3
42%
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s
7%
33
2%
44
No par
S
:
t per share
<
105
22%
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33
73%
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22% ; 22%
5%
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commbn_j.__No par
No par
Co
conv
:
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74
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22%
22%
*103%
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;
12%
35%
Lines Cb common————1
s
22%
12%
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class A
S Leather
7%
U
73%
•
6%, Jun
Jan'
27
24% May 13
140% Jan 26
73%
^51 "
S Industrial Chemicals—
U S
Mar 17
78% Jan
3
130% May
18% Jan
38% Jan
18
'
72%
*32%
100
8%
U
21
133
39% Feb
69,
Jan
3
;
72%
22%
105 /
'
,
24
23%
800
,
Friday
$ per share
24
105
.
,
May 1$
:
35%
preferred
10
Pipe Ac Foundry_
U S Playing Card Co
10
U B Plywood Corp common..
1
3%% pfd series A»^*^____ioo
1
73
23%
>
'
May 11
;
105%
V*4%
*
4% %
U
8
26
3
May
U
4
Jan
43
preferred
•••■"
■Thursday
May 12
$ per share
12%
par
S
Partic &
49% Jan 28
Apr 29
36% May
117
5% Jan
8
19% May
<82-
49% May.
137% Jan
f 87%
4S
Mar
Feb
15p
7% Dec
U
21
4
ID
U
9
16
22
7
9
Mar
Freight Co
Gypsum Co common
7% preferred
S Hoffman Machinery
12%
No par
S
4 % %
14
Mar
Apr
Nov
21 % Jaft
4
16
Jun
17% Feb
27
Jan
58%
37
Jan
57
3
U
24
Jan
8%
72
129% Mar
8% Jan
17%-Apr 28
May
23% May 12
-
104% Jan
183% May 12
9
46
63%
67% Mar
Jan
Jun
37% Nov
Dec
May
6% May
36
7% Dec
Jan
-
•42%
11% Sep
121
8
'
Dec
39% Feb
49
9
17% Jan
175
.76
19% Dec
4% Dec
17%
'98% May
8
Jun
Mffs Ibc-—:
Foreign SecuHties_i_-.N6
$4.50 lit preferred_ !,
__No
7
Jun
&
U S &
Feb
17% May
Merctt
12%
100
Cos
United Pavnmqunt Theatres wi
Certificates of interest w i
Mar
179
Dec
United
7
23% Apr 18
23% May 4
16
92
Coal
12
106
k_5
_!
Electric
l2>/2
22%
->
DyeWood Corp common,-—l
preferred
106%
Wednesday
(,
3,300
2,100
1,300
34
*33%
.
-
v-
.
50
49%
33%
;
100
81%
"■
•
United Engineering & Foundry
5
United Fruit Co__
No par
United Gas Improvement Co—13%
7
94
% May
Dec
54 y2
11
113%
166% Nov
8
29
18
18% Feb
32% May
101
Jun
15% Feb
92 y2
7
T%
13
May
23% Apr
^
United
United
16
46%
11% Dec
Z
Cig-Whelan Stores cohiv— 30c
$3.50 convertible preferred^
_10o
United Corp commor)_
—_-_l
6
y2
9
:
y
23%
105
*105
72
Unite
2% Feb
41% Feb
:
23%
23% "24
24
•
May 10
I per share
•••
••-
12%
l'
_—Nq par
Co„
3
29% Jan
July
82
Co—^-—1——No par
corp_!—10
Carbon
*23%
Tuesday
May 9
I per share
share
*105
>
100
9
>28J/2
Dec
preferred
26
48
V
4%%
Feb
5
Dec
5
100
United Air Lines InC edmmott—10
26
37y2
?
Corpc common
.5% Convertible preferred
14% Mar 29
74
Aircraft
United
p
Monday
Saturday
May!
$ per
Par
26% Mar 30
109
p
Exchange
v
share
30% Feb
Jan
July
5 %
22% Feb
7
May 10
10% Jatt
5
61% Jan
3
19% Feb 16
105
55
Feb
16% Feb
May
Jun
Apr
$ per
-i
303/8
803/4
LOW AND HIGH BALE PRICES
[
•
NEW' YORK STOCK
'l
>■41 Highest
tper share
7 Jan
3% May
Dec
2%
Lowest
$ per share
22% Dec.-,.. i 30%
103% Nov;. .<• 110%
9% Nov.19%
57% Nov 7
86%
19
Jan
23%
15%
; 6 % Dec-7
27% Feb W 38%
29
Range Since Jan. 1
Highest
■>
S per share
-4
'
30%
'
50
x333/a
'
•
'
81
50
49%
33%
30%
81
:
333/4 •
*49
;
30%
81
>
r
87%
87%
88
:
-.
.
"
9 Va
X52
•53%
*52%
*15%
9
'9
-•9
52%
•
53
9%
53
22% "
200
•
100
2,800
800
165 V2
60
9%
4,700
53
190
"
;:
V
19% Feb
11
9% Dec
27% Oct
15% May
9% Jan
3
21% Feb
26% May
21% Apr 21
14%
Feb
For footnotes
see baee
28.
25% Apr 25
Vanadium Corp of America—No par
11% May 13
Van
Norman
Van
Raaite
.24
Jan
27
Co
2.50
Inc.^.—10
Co
23%
*10%
23
?
23%
11
23
23%
11
•
*22%
'-22%
23%
11
23,
-
:
H
•
*22%
22%
.23
11
.23
■-
11
-
*22%
..23
23%
.-.
233%
11%
11%
23
)
11%
*22%
22%
23 %
11%
*22
23%'
11%
22%
2,800
4,000
IOC
7
COMMERCIAL
THE
(2118)
26
STOCKS
lanie for Proriona
Lowest
9 per share
2274
Feb
33%
Jan
Dec
21% May
82%
Feb
102
Dec
8
31
16% Jan
12% May 13
12
8
99% Jan
5
4% Mar 23
5% Apr
18
Mar
93
Oct
4%
7
Jan
110
May 12
93
111% July
15
27% Jan
20% May 10
Oct
103
May
5%
Jan
23
29%
Apr
19% Feb
8
104%
Jan
99
Feb
25
103% Feb
7
6% Jan
6
11% May i
33%
Dec
41% Jan
: 3
37
Jan
50
Jan
42% Mar
7.
45
'Jan
5
Oct
94
Jun
85% Jan
3
91
May 13
107
Mar 25
34% Jan
Dec
102% Jan
4
17
Dec
24% May
16% Apr
14
15%
Jan
49
Jun
24% Jan
3
17%
Dec
28
103%
4%
Dec
Sep
6%
Feb
19%
Feb
103%
May
7% May
July
29% July
Feb
22
Jan
Apr
May 10
Jan
15% Mar
24% Nov
21
17.
27% May
16% Apr
Dec
54
8%
Dec
16%
Dec
107%
Sep
39%
Feb
72
39% Apr
May
18%
67
Jan
58
Jan
101
Feb
Feb
Feb
8
791
39% Mar
Nov
95
Nov
93%
12
Dec
15%
Oct
87
35%
5
Feb
Feb
Mar
31%
Feb
9%
Dec
5%
Dec
9% Dec
19
May
5'
7
12
46% Jan
6
54
May
92
8
x96>;
Jan
Apr
83
3
14
Jan
5
86
20
26% July
Jun
14% Feb 11
18% Jan
4
55
Jan
11
20%
16% Jan
4
19% Mar 18
Jun
59% May
8% Oct
43%
7
5% Jan
27
8% Apr
34% Feb
12% July
8% May
14%
15
x9% Mar
8'
5% May 12
Jun
Feb
46%
Feb
27% Jun-
22% Jan
Feb
79
77
15%
6% Jan
31
5!
3%
Dec
6
Apr
Lowest
25
Dec
36
Dec
44
Jan
15
Feb
92%
Feb
160
22 Vs Feb
1,100
17
17
17
1,400
44%
44%
44%
800
9%
600
*10%
10%
22%
110%
22%
110%
*11074
36%
35%
Oil
'
NEW
'
No par
12
21% Jan
25
Smith
27%
Dec
39 %
15
Feb
11
17% Jan
8
Jun
15
Feb
24
17% Jan
7
96
Nov
104% Jun
99
Mar
7
100% Jan
24
3
7'A Jan
13
4% Apr
16'
8% May
5
39
Feb
52
Jun
45 Va Aug
60
Oct
11%
Nov
16%
Jan
11% Feb 24
14 Va Apr
26'
36% Mar
44
Aug
26% Feb
26
39% Jan
10
36
42 Va
Jan
36% Jan
7
40
Dec
Mar
1
46
53 Va Mar
3
58% May
40
May 12
Feb
5
18
25% Mar
30% July
29% Jan
5
32% May
5
20%
28%'Jan
3
34
3
X39% Feb
24
x31% May 11
Feb
43%
Feb
30% July
62% July
33%
Feb
50%
58%
Feb
70
July
65 Va
Dec
73
Jan
12%
Dec
20% May
4
Feb
7%
Jun
x50% May 11
62
May
10 % Apr
Jun
4% Feb
6
21
25
4
Dec
63
Aug
73
Jan
68
Jan
24
Dec
29%
Jan
21
Feb
7
22
8"% May
20%
Feb
30"%
7%
Dec
14
61% Mar
4
74
15%
Feb
21% Aug
95
Nov
Jun
24% Feb 24
May
7% Jan
29%
29 Va
Jun
17% Apr
91%
Jun
83% Jan 20
79%
Oct
17%
Nov
86
Feb
109%
97%
Feb
121
Oct
54%
Jan
73
Jun
36%
Feb
27% May
18 Va Jan
25
3
29% Mar 30
4
103% Mar 17
10
89% May 12
3
4
136
11
May 11
*24%
*84%
98%
-•
*16
..
Conv
$4.50
40
j
*51%
*62Va
*10%
*4%
*4
;
-
Squar- D Co
Squibb (E R) & Sons
$4 preferred
-
26%
8%
8
Standard
$3.50
Brands
Inc
1
preferred
No par
$6
prior
preferred
$7
prior
preferred
Standard Oil of
No par
No par
California
Oct
Mar 10
18
Feb
43 % May
41 Va
36% Nov
41% May
15% May
31Ve Feb
9
38% Jan
7
11% Mar
10% Feb
5
13
Jan
18
32 % Mar
39 %
Jun
35% Jan
3
40% May 13
Jun
Jan
6
24
Stevens
18
Jan
9Va Jan
Dec
20
Jan
15% Jan
4
17% Mar 14
18% July
29% Jun
12% Feb
25
16% May 12
10
7
8
50% Mar
70%
Nov
52 % Feb
10
Jan
120
July
Feb
18%
Dec
26 Va
?4% Mar
43
For footnotes
7% Jan
13
61
Apr
13
17
119% Apr
14
11% Jan
8
17% Jan
13
19% Jan
7
43
■
May 11
35 Va
35
35
23%
22%*.,
22%
22%
22%
22%
113%
112%
112
16%
16 Vs
16
99%
15%
16
15%
*99%
100
37 a
4
3%
3%
3%
8%
8%
8
8%
8
*84%
98%
*16 Vs
Corp
*83%
85 Va
*83%
*97
99
*97
Chemical
(The)
Corp
Sun Oil
Co common
Class A 4%%
pfd
4V2%
Sunshine
preferred
Biscuits
series
Inc
B
88'/a
*8774
88 Va
2674
27%
25
.25
12.50
*59JA
'
*117%
Y 11
7
59Va
119
11 Vs
*16%-.17
19%
42%
19%
42'A
59
8%
8%
8%
70
70%
*69 Vs
70
15%
15%
*15%
16
28%
28
29%
28%
29 Vs
2874
29%
*101%
102%
*101%
102-74
10174
101%
X18 74
18%
18%
18%
18%
18%
26%
27
1347a
*16%
19%
42%
88 Va
2674
135
136
*83 %
8974
2774
,
134%
40%
24V4
7
59 V4
11%
17
19%
42%
*95
68
98
'"V
6874
23 74
24%
93
*96
6774
24%
'
*96
,
:
150
7,700
70
27%
7,800
900
134%
1,100
64%
6474
6,000
40%
8,200
67%
68 Vs
24%
2474
93
90
600
2,700
40%
A;
40%
68%
4,400
89 Va
121
*134
121
G5
67%
2674
*120%
121
12iVa 12174
134%
8%
'
13474
121%
*120
8%
64%
19%
5.900
26
15%
4074
*117% 119
11"'
25%
26%
6474
; 93 '
.600
;
70%
*87%
-
60
23%
4074
16
18%
26%
26%
200
4%
72
*22%
6474
98
25%
12%
"•
23
40%
11%
16%
*90
22%
41
*15%
7
23
65
*16%
93
4%
*69
64%
16
11
4%:
2,100
4%
4%
4%
100
400
11
72
*69
65%
41 V\
69%
16%
1
26 Vs
4%
800
€2%
11
Y:il,'Y>:
4%
4%
5,500
62 Va
15%
397/s
Y
4%'
71
12,500
50 %
15%
28
29
.11%
100
Sunray Oil Corp common
4%% preferred series A
64 %
40 Vi
32%
50%
*15%
3974
No par
*62 %
39%
8%
3974
18%
64%
3,400
32
•
8,100
33 Va
70 Va
11
-
51
100
32%
33 Vs
8%
32%
7
32
*50'A
X22 %
43%
18%
40
31%
50%
700
2,300
32%
.5
70 Va
11
*90
39%
31%
*4
29 %
38
*37
8%
*31%
•
40%
200
.100
,
/
13%
70%
*42%
'
33%
6,500
56%
29%
32%'
71
300
3,100
.
49
13%
■
33
."V- 4%
26%
*46
*56
14
32
18%
12%
Y'.
56
11
18,700
•'
8%
33
:
'
8%
32%
;
16
;
11,000
15%
'
29
11
>_
210
98
15%
3%
39%
23
11-r
12%
85%
38
1834
25
'*83%
100%
29
18%
88 V4
27%
39%
*95
2,700
3%
x31 %
4%
32%
-
25%
15%
32%
4%
43%
98,
25%
600
25 V*
*9»%
32 V8
74
26%
22%
3%
•
*37
10%
800
19%
18 Va
*22
100%
46
56
*'13%
29 Vs'
29
*37
*10%
1
-
/
101%
4%
*4
*71
1,000
*
-
*97
38%
29%
38%
29%
26%
8%
71 Va
15%
*11%
No par
14
*37
Y 113 Va
8Vs
46
57%
*13%
23
A *16%
'
15%
1
common..
$4.50 series A preferred
46
*56 %
14
22%
1
No par
*44%
57%
*13%
51%
64
11
4%
4%
74
20
common
46
*56
1,800
200
16
157k
*99%
*44%
-
*12V4
16
100
100
15
39%
16 Va
3,000
•
113 Va
15%"
15
101%
24
Sliares
":3Y>
15,300
98
%
15
v
Sales
the Week
22%
85%
98
24
;
for
'Friday
22%
Y
115%'
85%
96%
5
prior preferred—■—
.
r
101%
65Va
x41
68
v
35%
25'A
25% I
96%
39%
*95
25%
2,600
*34%
25
25 %
1
2374
'
4,800
'
24%
19%
18%
22 Ve
96%
15 Va
r
'
5%
24'A
22%
18%
22%
25
<
24%
22'A
19
21%
24%
-
Y *18%
*18%
*21 Va
96%
15
*42JA
31V»
_5
100
—15
*112%
113%
18%
22%
24%
86
93%
16%
69%
11
■:
35 74
3
2%
*34%
24%
*10%
'
35
68%
*32%
2%
23%
24 V4
1
H
*34%
41%
50
:
'
9 per share
9 per share
*
2%
35%
V
No par
200
900
A 700
1374
May 13
-
24 Va
120% 121
134 Va 134 Va
98%
15 V\
43%
33%
1
17,200
9%
"
:W:> 2%A'
18%
88'A
26%
18%
41%
27%
35'v.
5%
v;
May 12
$ per share
9 per share
4#
,
*96
15 %
*42%
common
Stokley-Van Camp Inc
Studebaker Corp
24
36% Feb 14
:
5%
Thursday
May 11
May 10
-
100
'
Inc—
Stone & Webster—
Sun
26
Jan
28.
Stewart-Warner
5%
10
Co Inc
&
'7
Feb
15% Apr 29
July
(J P)
18
94
Xl7% Feb 24
Jun
see page
21% Jan
7
x9% Feb
117
15% May
21% Jun
preferred
Stores
Sterling Drug Inc
3%% preferred
Dec
Dec
Bros
18
9%
9%
convertible
Starrett Co (The) L S—
Sterchi
27
Feb
Jan
AND HIGH SALE PRICES
Wednesday
Tuesday
51%
*62%
*10%
4%
*4%
*71
*22%
26%
8%
*70%
*15V4
*28%
101%
*87
88%
27'A
27'A
*120
121%
*133% 135
v
65
25
common
Spring common
Jan
12%
17%
Steel
25
Jersey
preferred series A,
Standard
4%
-No par
Indiana—
28% Feb
36% May
16% May
113%
3%%
of
•v 18%
No par
com
v
102
•
2,400
84
; *13'
357a
24%
*3%
29»A
29'A
101%
50
3,400
29%
9%
'13%'
6V4 A
,
23%
*16V8
15%
No par
common
Standard G & E Co $4 pref—No par
15%
6% Feb
574-
3
*84%
71
.<
Feb
16% Feb
*12%
'35%
35%;
-
5%
24
' 98'A
26%
8%
15%
-
No par
5
■
11%
90
;-
2%
18 %
21%
24%
A
23
71-
1
96 Va
Jan
-
;
22%
22%
112
112 %
73
*22%
2
Y
Jun
May
35
/Y
•
600
6,200
29
'''27""
974
23%
52
64
11
'4%
4%
73
>
i
Y
7%
297s
C 974
*34%
32%
;
2,500
574 AY
;:v *81"
81%'
3%
23%
3
33
32
1
-
preferred
97%
98 Va
.
-
9 per share
38
Y33
1
No par
Sperry Corp (The)—,
Spiegel Inc common
Oct
11%
LOW
May 9
'
99%
*37
32%
■
13,200
83
-
2874
'
27"
•
81%
Y 300
.
10
A
Monday
15%
13%
*29%
<
;
i
$5.5o preferred
i.
Spencer Kellogg & Sons
89
Dec
13
:A.
-
11
New
Nov
5 %
*10 Va
Ohio
6%
13;
35%
*62 '/a
of
91%
574-
64%
of
16 % Mar
A A:\
*62%
Oil
12% Apr
>
*51%
Oil
3
35%
3574
x50 %
Standard Oil
11% Jan
i'jjf,:
51%
Standard
15
VA
29%
2674
-
9%-:
13
40
Standard
14% Jan
*1274
1274- 12%
35
i:-:; 5%- A 5%
A 9 Ve
;
9%
32%
7
11% May 12
*9%
9%
32 Vs
7
100
•
39%
42% Mar 14
94
29
29 f
26%
82
40 A
32 V»
26% Jan
24% Jan
28%
.■
29 Vs
2674
*80'
39%
74% Jan
97
29;':
26%
84
32
7
Dec
*80
84
32
8
Feb
26%
26%
-
9%
100
100
•
25
No par
22% Feb 25
88
29%
29
2874
83
774 "•
3774
.
85 A-
*83
85
*83 Va
29%
29
29%
774
7%
AY
'•
AA;
974
AA 5% ■Y 5% ' Yv.4 *574
'
7%
aA 7%
774
A
'
2674
*81 Va
16
15%
•
7.50
Co
65% Feb
23%
28%
774
.2,100
3774
37%
10
600
1,500
4474
*7Va
7%:
-
974
5>A
5%
5'A
85
40'A
Pacific
36% Feb
Jan
*83%
32'A
Jun
44
5%
7%
85%
32%
Jun
Feb 17
7%
-
18%
44%
18%
37%
32%
Jun
38
774
1,000
18
45%.
-
10
32%
92%
I6V4 Jan
-
3774
32%
32%
Edison—
35
25
•45
10 " V
;
80
51Va
37%
32%
32%
California
Southern
'Southern Natural Gas Co
53
Feb
;
2,400
15%
A A 7%
44 %
57%
14
297s
37%
Feb
14
1574
*5074
10
44 V8
*56%
13%
*29%
37Va
Nov
100
15%
51%
37%
46
58 Va
13%
29%
69 Vb
9
15%
18 Vs
20
-
85 M
*84'%
85
% 774
5%
30
13%
13 Vs
*7%
10
13%
400
93%
84
*50 Va
44%: A
•.
*56
23%
May
1■''/r-; 44
93%
84
95 !
'84
*84%
18%
18 A
18
45
V
'
15%
*5074
*43'/a
preferred
50
conv preferred
50
Southeastern Greyhound Lines—_5
South Porto Rico Sugar com_No par
8% preferred
i
25
7
67% Jan
Y-'Y
5Va%
24% Jan
Jan
109
1,100
8,000
54
X37 74
:<
7%
29 Va
10%
26%
53%
52 ''A
1574
15%
51
5%
Spear & Co common
28% Apr 18
121% May 11
98 % Jan
10- A
9%
10%
26%
54
1374
85
3%
8%
7
56% Feb
Oct
-7%
•
44 A
.
8474
8Vs
7
21% Jan
18
18
45%
85
8%
<
Dec
•> *847/2
'
28%- 28%
share
■
19%
85
..
10%
26%
13%
4
25
29% May
85
10
100
10%
'
13 Vs
'
26'A
1074'
-
1374 '
8%
Jaa
7
7
5
13%
13 Va
4;
oom_4.50
& G Co
E
Apr
9
10% Mar 31
13
*83%
,
A
1
Amer Gold & Platinum
South Carolina
5
26
71%.Apr 28
16% Apr
6
Apr
*93%
83 %i
84%
?
South
72
Jan
66% Feb
5
100
-
Railway common—No par
5% non-cum preferred—
100
.Mobile & Ohio stock tr ctfs—100
Spalding (AG) & Bros Inc
:
1
Sparks Withington
No par
6% Jan
95
96
*83%
96
*84
19%
22%
25%
86
98%
16%
Southern
13% Jan
*93%
x83 %
*94
;84%
774
May 7
"18%
Soqony Vacuum Oil Co Inc,
15
Solvay American Corp 4% pfd__100
Southern
3
23% Feb
Jan
preferred——
7'
61
*53%
Y.
*21%
15 A
preferred
7
14% Feb
Jan
3%%
4.20%
41
Jan
54
574
22%
112
1
Corp,—
O)
(A
49% Jan
Jan
64
May
23% May
104
Mar 22
May
*53%
A <VAA
22%
112
—100
_«100
Smith & Corona Typewriters-No par
Jun
3% Jan
53%
v,
35
3
23
Oct
53%
54
7'A
35 %
35 ,;
88% Feb
100% Mar 25
26
May
27
3774- 38 Vs
*5% -J 5%
*3
.
Smith (A) & Sons CarpetCo com—20
Feb
8%
26%
18
86
29%
29%
26%
88%
9%
12%
24'A
24
Dec
5
1074
45'A
3%
24%
31% Jan
14 %
3% Nov
85
10%
26%
-
*85
7
85
87
"13
Yi
7%
20
Skelly Oil Co
Jan
15%
5% Mar
:
85
V
85 f
70
<
11,400
7'A
87 V;
7.
7%
10%
*94
7%
9 per
Par
Sloss-Sheffield Steel.&; Iron
7
3
A7%
774
7.
7 Vs
1,400
•
90%
90%
91%
*88
6,100
102
"100
102
25%
*85
86,'.:''
*83%
38
—10
127%. Jan
8
17
7 Vs
74
'
917 4
10%
40%
40 Va
40%
100
19,700
V' 130
A 3,700
37
10%
10%
K)%
40%
*
V
-11'/a
-
*53%
9%
5%
"
No par
14
95% Jan
7
101
25% A 25 74
86
;
5
Sinclair Oil Corp—
Jan
Feb
84% Jan
10%'
*88
18 %
46
No par
18% Feb
Apr
July
91%
50%
No par
20
98
110%
35%
23
40%
100
*88
91%
i'
*10%
Saturday
Co
Oct
80
23%
110%
35%
40 Va
4074
101 «/a
*15%
' 35
-
23%
110%
35%
10%
10 74
40%
101%
103:
1574
:■
Silver King Coalition Mines
Jun
Dec
10%
2374
11074
'
35%
35 74
'
40%
-
51%
;
1
-
•
25%
Sep
10%
V
23
*11074
.
■
35%
-
35%
9
9%-
110% X
22%
22%
110 >/s
35%
15%.-
7"%
15
<
Dec
23% Apr 21
22%
11074
51%
t
Simonds Saw & Steel
Feb
*9%
15%
J—I
EXCHANGE
Simmons
99
10%
51%
*5%
-
STOCK
27% Jan
24
10%
10
*10
.
3674
10 Va
13%
*7%
Y ,vY-; A" V.
■■■■.
YORK
*43%
2274
40%
85
37%
9%
5
—1
:
44%
*18
*45%
.
J
44
15%
;
!
17
45
*51%
1
17
17
*1634
-
17
110%
,
103
103
7
25%
38
45
10%
22%
40%
*13
1
^
*
36% Jan
11
45
'10%
*84%
1
Feb
91
10%
40%
k
5
18
80
>'"■
No par
23
Jun
*36
,
17
*10%
5
_10o t'"
*23
45%
*16%
17
46
—100
;
Gas
25
19% Feb
Jun
25%
.No par
Co
31% Feb 25
32% Jun
25%
$ per share
4% Jan
2% May 11
May
34
26
*45
Corp of America
Highest
9 per share
7% May
*25%
.
Union
Sheraton
5
Range Since Jan. 1
$ per share
25%
*16%
series A
;
9 per share
7,000
26
—_——_100
STOCKS
Year 1948
Highest
1,400
98
26
Shell
11% Apr
Jan
Lowest
37 Va
98
26%
tc.—100.
v
preferred—-—'
Range for Previous
v
37%
*26
10
Oct
Jun
7%
Mar 11-
10
'5
23%
26
26
.'
21
14
46%
Dec
29% Mar 31'
81% May 12
23%
*23
99
14% Feb
8% Feb
Feb
37% Jan
4
10
1,500
38
39 % Jan
Feb
300
8%
*97%
5
28% Apr 22
*23
400
8%
r
98
3
Oct
8 7a
38
(The) common—5
&
8%
;
4%
23'%
:
Oil
8%
24,900
4%
4%
*97%
Paper Co common
Shamrock
31% May
,8%
'
.'1. .A 300
16%
*37%
Servel Inc common.^
101% Feb
3
8%
*4%
4%
16%
37%
*23
8
Jan
8%
-*4%
4%
16%,
37
*16
98
Feb
27
17
17
38
Seiberllng Rubber Co——.
$4.50
37%
17
460
23%
Seeger Refrigerator Co
11% Jan
11% Jan
May 13
Jun
Jan
A 5%
&
36%
17
4%
24
7
Seagrave Corp
Sears Roebuck
38'*
*16
17
200
37'A
,—5
Seaboard Oil Co of Del,
5
3674
37%
A
,
98
Seaboard Finance Co—,;—»
18
*16%
-105%
30
4
106
37 3A
preferred
preferred
16%
,
97%
—1——
Co
105
16 7 a
44
91
106
A 6,400
.
*37%
*23%
*88
Elec
91
.
*97%
24
_l__1
No par
•
preferred
91
105%
140
900
5%
36
:
A *43 A
,44%'
•
*90%
16%
874
8%
•'
t
105%
4%,
*4%
4%
8%
36%
92
105%
.
*16
17
17
17
Jan
83
Dec
37%
*84 <
29%
Sharon Steel Corp_i—
No par V
29%
Sharp & Dohihe common
No par A
26 s,
$3.50 conv pref series A—-No par
81%
Shattuck (Frank G)~
Nopal ;
• 9%
Sheaffer (W A) Pen Co—i
«
1
12%
Jan
36%
-
7% May 13
3774
91%
5%
39% Jan
68
104
47% May
,36% Feb
1
Nov
37%
*16
Y
36
38
Seaboard -Air Line com v t c—No par
7
49% Mar
62%
16%
*90
1,300
5%
5%
36 'V-
Y
*43
44%
*43
90
105%
105%
*1674
*88
3.35%
5%
35%
44%
*43
Y; 90
90
*105%
■; *98
Scranton
Feb ' 7
17%
Mar
8
Jan
30
28%
4%
3
13
91% Mar
'Jan
12%
Nov
12
*
x83% May 11
43 %
5 t
7
;-V: 7%
1st pfd 4.4Q% series A—
.100
*8687
Savage Arras Corp—L
5 A
ll
11
Schenley Industries Inc__———1.75 i
25%
26
Scott Paper Co common
No par *
*53%
54
$3.40 preferred
;
No par
*94i'
96
SCQVjll Mfg Co 3.65% pfd,.
100
1*83%
84%
5
May
30% Jan
24%
Dec
i
12% Jan
Feb
*
87
5%
35%
4.700
102%
*102
102%
-102
*5%
35%
5%
21%
97%
a.—
non-cum
St Regis
7
3
94
9
-9% Jan
6
35%
*88'/a
16%
100
5%
102%
5%
35%,
20
.:
21%
;;
5
•■v.
22
1,000
3,600
96%
*94
5%
21%
21%
102 %
102 %
5%
35 %
35%
43%
35%
*23
,
2
(The)—
series
102%
6
*5%
13 %
13
.■5
*21%
22
93%
•
96%
*94
5%
5
5%
5
21%
1
105%
St Louis Southwestern Ry Co—100
25
.Jan
10'/a Mar 19
Apr
15%
Jan
91
25% May
Jun
79 ;
Feb
122
80%Ja,n
Apr
Feb
7
7;
Jan
87%
13%
Apr
Feb 16
Preferred
103
.8%
Joseph Lead
*
;
'-10
St L-San F Ry Co com v t c—No par
12% Jan 25
93%
12%
*37%
Wks Inc
preferred
*102%
*
5%
,
.
St
42% Jan 26
"
98
May
88
44
24
13% May
51
Feb
Feb
5%
3
22
5
,
*97%
Safeway Stores common——
5
16
48% Jan
95
21%
17
25
Ruppert
113% Feb
12%
95
*94%
21,200
93%
9 per
100
23% May
3
12%
95
12%
13
94%
Shares
21%
12%
93
13
12%
share
'21%
21%
-—20
-
cohimon
(Jacob)
93%
*4%
12% Mar 12,
87
91% May
15% Aug
35% May
Feb
8%
25
Ruberoid Co
93%
*16
37%
7
eom__l
Controls
Royal Typewriter
3
8
Jun
25% Mar
3
8
36% Mar 22
16% July
48% May
139% May
8%
32%
18% Feb
35% May 11*
Jun
Co
Art Metal
Ronson
12
Haas
93%
105 %
—100
1
preferred
conv
93 %
44%
preferred series A
55 % Jan
109% Apr 27
Jun
61%
4%
95
94%
35%
No par
20
16% Jan
21% Jan
113
27% Apr
4
'8% Jan
Jan
4%%
Rohm &
20
41
98
95
21%
21 %
21%
102%
6
*5%
Copper Mines
Robertshaw-Fulton
20%
95
5-%
102%
____No.par
Corp—
Roan Antelope
3
25% Jan
3
36% May
Oil
Richfield
20%
9o
series,
4.50%
20%
13
*94%
5%
.<« *21%
;
gales for
the Week
9 per share
$ per share
share
21%
95 %
*93
13
'
$ per
share
20%
*43%
Ritter Company
7
96% Apr 21.
Mar
,
5
10% Jan
1
Preferred
$ per
21%
21%
*88%
Rheem Manufacturing Co
12
5% Jan
21
4
8% Mar 25
12
5
'
Friday
May 13
May 11
1_100
series
3.60%
Wednesday
May 10
Thursday
May 12.
Tuesday
May 9
—•—10
—-
—
Preferred
13
38% May
7
4% Mar
17
Jun
19% Jan
Common
HIGH SALE PRICES
Monday
9 per share
Par
,
Republic Steel Corp com
No par
6% conv prior pfd series A
100
Revere Copper A Brass com—No par
5%%
preferred
100
Rexall Drug Inc
2.50
Reynolds Spring ——
——1
Reynolds (R J) Tob. class B_<
10
25
Dec
80
AND
Saturday
May 7
'f
>
LOW
*!
-
,
Reynolds Metals Co com
No par
5%% convertible preferred
100
3
5% Feb
Dec
43
.
,
26
Nov
Mar
19%
02
'/;
9per share
8 per share
9 per share
■
.
EXCHANGE
Highest
Lowest
Highest
*
«
STOCK
NEW YORK
Range Since Jan. 1
Year 1048
Monday, May 16, 1949
.
RECORD
STOCK
YORK
NEW
FINANCIAL CHRONICLE
&
*96
.
68
20,900
24%
10,300
98
15%
15%
4374
*42%
43%
32
*31%
32
200
2,000
15%
15%
*42%
43%
*42 %
*81 %
32
*31%
*11
1174
1174
11%
*11%
11%
600
3974
40
40
40%
40%
5,o00
15
•
•"
3974
*95
-
*9574
98
1574
98
*96 '
;
700
.98
5,300
25%
25
Va
2574
25%
2574
26
26
12 74
12%
12%
12%
1174
12
12
12
2,300
1074
1074
10%
10%
10%
10%
10%
10%
2,700
*1674
16%
1634
1674
1674
1674
16%
16%
16
1574
16
16
1674
16%
1674
7,700
20 %
32.400
25
7/2
16
1874
6%
1974
7%
19%
674
1974
674
1974
*7
v
.
19 5 s
1974
7
7%
93
*90
93
58%
59
57
119
*117%
119
*118
11
1074
11
11
93
59
59
*11774
1074
*90
56
*116%
4,900
1197/a
11
11%
1,300
93
56
y
119
'
774
*91
57
*90
600
11%
16%
21,300
1674
1674
*16%
16%
16%
16%
16 3A
600
19
1974
1974
19%
19
19'A
19%
19%
4,200
4274
43
4274
42%
52%
2,300
*4174
42%
•
42%
Y
THE" COMMERCIAL
Volume 169 * Number*4803
&
FINANCIAL CHRONICLE!
NfW>*ORK7 STOCK
Lowest
>.
t per
* pet share
Dec
9
>;
13%*-Dec> i
«!
31
Dec
*
7A «V4 JJov I28%**Dec *
•*' :'7--6%*:DeC!; £
44% .Jtltt.
.
16%
,
22
:
17% -Feb
139
91
,.v7 4% Mar *•
Jan
"
8% Jan
«
3
9% Apf 26
25
Feb 21
12
-
7*
24% Jari
7
89
Jan
4% Feb
7
Mar
'
7
For■:
•
7
International
Swift
*9%
11%
33%
33%
*8%
8%
*29% *29%
10%
10%
Ltd—
21%
29%
10%
>10%
.21%
2iy2
*81%. 83
4%
•
29
■
-
14% Mar
Nov"4
52
15% NOV
*
19
Feb
10% Mar
2
4% Jan
xl5»A Mar
1
17% Jan
Tennessee
557/8 May
17% Jan
Texas Co
67
Jun
"
10
13% Feb
May
71% July
5
Jan
4
17% Feb
26
58
Oct
25
Feb
49
25 y2
|
1
Nov
47
8
May
3
Telautograph
Feb
45%
-
Dec
19%
48% May
/
Dec
.25%
Dec
12%
Apr
.
H,r.
4%
4%
:,
10
4% Mar 21
Jan
47%
dan
13%
Apr
24
Jun
JT
st'f
10%
>
5% Mar
A
35
7% Feb
39%
59% May
95% dun
19%.
-19%
32%
95%
>
40
;
10
,
%
13%
Jan
10
Jan
H
22% Mar
23% Apr
10
Jan
9%
May
55
15%
5%
10%
96
May
107% July
19% Aug
12%
17%
36%
•
.
24
5%
9
7
{
Mar 31
Tiniken
">1
6
13
4% Jan
3
101
$1.50
May 12
May 11
6% Jan
45%
63%
21 Va
45%
45%
;
13
63y8
•
10%
21%
83'/a
4%
*10 k
10%
6,800
3,200
20
*
4%.
4%
2,900
:
10%
*10
600
3%
3Va
3 Va
15%
15%
15%
15%
15%
400
55%
55 Ve
55%
55»/e
55%
9,400
14
14
14 y».
14
14%
4,600
*3 Ye-
.
3Va
63
63
63 Va
63'A
63%
2,000
20%
20%
20%
20%
*20%
6000
45
44%
45
,'•■43%
44<A
7,900
310
?
63%
20%
44%
20%
:
10%
783 </a
*4%
10%
"
*15%
63%
00%
39
41
v
40 y2
40%
200
9 'A
9'A
2,600
15%
15%
700
5%
1,800
.
*38 ;
,*•
par
39
i
:> *86
:
86
24'%
.**'22%
22%
22%
*102%
103%
*102%
16%
16 y4
40%
40%
11%
40%
12%
11%''
12%
15
.•**11%
12 y4
*141/4
;
14%
, '
7%
'
100 ■> ;5 100
; >10%
*•>23%
*
conv
11
"
"
35
<'
"■■40%
" :.11%
: -12;%
11
*100%
r
28%
•
*6
—l.—'—1
"
35
27%;
5% >' 6
'
400
38%
20
87
:
2%
2%
1,300
25 Va
■*24%
25%
250
22%
22%
22%
104 *A
104 Va
104>A
16%
16 »A
16%
16%
2,900
40'%.
40.1/a
40%
40'/a
40%
2,000
11%
11%
12%
13%
15
ri
11%
7%.
7%
V.
7%
3,500
•
11%
11%
3,000
13%
10,700
11
-
11
22%
23
23
35
35
*v
101.
*100
ioi-
•
6%
6%
*27%
28
*5%
6«:
11'A
7 600
23%
11,500
35%
35'A
300
101
101
6%
■
V
28
3%'
10,500
180
23%
r
102
*27 %
7%
101%
*11
i.:
35'A
*6%
:r /
.
•.
.
101%
23%
'
7%
.
100
15
*14
101 '/a
*34'A
70
>
13%
•
7%
100%
r
11%
*10%
,7=
ioi
<6%
*14
1
r/100% 101
23%
>
13
15
'< *27% r 28%
5%-;., 5%
*27
38%
*85%
2%
22%
*14
6%
,'i*
•"
300
*103%
12%
7
35
neo
6%.
6%
11
;
,
*134%
101n -f
*24%
500
8%
*8%
87
TOO
.
'
•
23
L.
200
3%
18
*17%
16%
11%
13 y4
16
'
f.
23Va_
6%
*27%
11
f
*34%
104
-
V
38%
■2%
22%
,
16%
40%
V"; 7Va
7«/4
*loo ya looy2
7J/4
38%
'85%
2%
104
103%
403/h
11%
"*14
100
23
'
:«6Va
V
100
: /•
500
36%
3%
8%
25%
22 V2
»
22%
100
r
5Va
*36
4i/a
8%
87
:!
*24%
;
160
13
BVe
18
*17%
38%
*86%
v
28%
13.
•
36%
37/e
2
8%
■/>'2%
103 :
i6ya fi 16%
:
14 y4
a-7,A
•
,
23%
341/4
MOO
> >
'
103,
2%
25
>
v
*'
■
86%
'v
22%
-l
«• f.,
11%
12%.
■
25
■
*••
^No par
*85%
18
38%.
38%
*38
,
*36
4%
*8%
*2'%
l6>/2
40%
r
'<8%
5%
*28
13
5'/4
*5%
36%
•
28%
*12%
«
•.
-
*17%
■ •
*
103 y2
16%
*:
4-%'
4
By2
.
24%
22%
.
V-
6%
28
5%
36%
15%
5%
"
12%
|%.
*36
17%
2% *•»■ 2%
*
25
n'2%
v
4
:
m::
85%"'
:;>■<
2%
.*24%
8%
'
*39
37
»2%
^
*8%
>•*•.
5%
13
r
9»/4
15%
28%
.17%
17%
8Va
5%
*28V4
s80
'
4% >
17'b
S'/e
28%
5V4
:
*39
"'5%
,
>:">'< *12%
36
*4
'
8%
*28
v
9%- >9%
15 Va
15%
7
>
*"fesy4
'■
5%
36
4%
*8%
'13
*5*/4
18
>
28%
*12%
39%
'
9%
*15% ;• 15%
5%"": i
5%
28
36%
*39-
:
"Mr V* 9%
15%
'
45%*
45
•
.
9%
*15%
5%
44:
">
9%
5%
*5%
■
Corp
Twin Coach Co
'
40
*39
*12%
•
preferrtd—_*~No par
$4.50 prior preferred!.1—^aNo pai
Twin Dity Rap Transit com—No pai
5% enhv prior preferred
50
7
40%
■■■
,
.••*17%
Truax-Traor CoaT Co^^-.
20th Century Fox Film com—No par
29% Mar 14
Feb 11
5% Feb 11
—No
$6,preferred—--
,
7% Mar 14
?5
14% Jan
*
21V*
/i *36
TrirContihenta), Corp- common
103% Jan - 4
15% Jan 13
35 %
63
Axle—5
Roller Bearing
TranSamerica
4
7% Mar 30
.
14,
28 %
>•
Transcont'l As Western (Air Inc——5
Trahsue &■ Williams Steek___No par
.
98% Jan
■
Detroit
13% Mar 30
11
14
>5%
*28%
•
Transit Corp—No.par
(Tho J
Jan .16
8
16% Feb
14%
.
Steel, Co
4
28 'ii
13%
*15%
par
Tim ken
♦
14%
63%
s
v21%
55
55'/a
:
4% preferred.
100
Thompson*5tarrett Co com—No par
$3.50-. cum preferred.—
No par
Tide Water Associated Oif com—-10
preferred-—«.
—No par
8
23 % May 13
A
Fair
Thompson. (J R)__—i__ 15
Thompson* Products .com—.No par
,
13
32% Jan
Jan'
100% Jun
8% May
32 y2 Jan
4%
Mar
*
54%
;
par
Thomas
3
19% Jan
—No
_iU.No
43% Mai* 30
15 v Mar 9
4
98% Feb 10
>10% Apr 21
25% Mar
i
31%
92
6% Feb
$2.4o conv>preferehcOa
Third' Avenue
19
55 y8
9%
15%
Thatcher Glass Mfg Co common—_5
7
105
54%
,*>'9%
—No par
preferred-.-
conv
19
39% Jan
14% Apr
$1.25
6
2&% Jan
25% Jab
55%
<3.
15%
m
__50c
8
.Jan
15%
45%.
•
Cb^e_^L.«.L.tLl00
common____.
Jan
3% Jan
3
Apr 25
/
Thermqid Co :commph_«L4._
$2 % 'div conv prefe»r«d_tii.-i__50
45% dan
Feb
16
Inc
The
89
102% May
-
&- Pacific Ry
19
9
11
20% Feb 25
!
Jun
23%May
23:
May ll
% Apr 14
'2% May 13
104% July
"...
*17
Textron
20
38%
24
Texas
7
7% dan
2
> 84
»4% Jan
31% Nov
1%"
1
___j.
6% Jan
31% Jari
Mar 23
15%
X20%
:
>
13% Mar 16
2
Mar
3
3
29% Feb 28
17 % May 10
Jan
85
•
19:
12% Apr 21
May
dan
15% Jan 22
6% Jan
8
25% Apr
15% May
7; 10%
6%
7%
14% Feb 24
May
15%
20%
'
10%
21%
7
300
200
2,000
-
13%
16%
''
11% Jan
,
3% :
31/*
4>/a
8%
28
>
29
1,900
i
r
*10
'• •*"'10%'"
',
-
900
64
21%
*82
83
-
2, BOO
,
34%
*8%
0%
10%
21%
83
i)" X4% •
;»
63
SuIphur______.jL._No par
shale ctfs
Sub
y
10% >
•
*3
■
10%*
10%
21%
"
vrr'.
*•34%
29 '/a
Shates
148
11
36%
t«%'
the Week
11
liy4
;
/ 20%
'
14%
Producing Co_
Texa« Pacific Coal. &* OH
Apr 25
46
Feb 28
46%
34%
48
May 11
9 :
14% dan
it
T%o/»
39 :
24
I
19
7
20% May
xl4% Dec 1
5 %, DecT
5%
33% Feb
65% May
*
29%
147%
Sales to"
9%
9%
J S'/a
150
*34%
*8%
29%
iitoi
55
^__25
Texas Pacific Land Thrust—■
29 "
*10
3%
:
*15%
+
-
Gulf
Texas
65 % Mar 11
23% Jan
7
10%
'
: *3
Corp
Gulf
Texas
*10
Corp__—
11
.
*8%
•
Talcott Inc {James)—l_-
10% Feb
19% May
Dec
0%'
140 7
35%
*34%
.i*
11% May
: 5% Jun
9%Mar_
3%
t per share
9%
*13$ *146
10%- 11
.
"'29V4")
«'
f>
4
^4%~*4%:
;,-f
9%
-
146
/; -;iO%
u
^•*34%~ 36
.<]' 8% ^8%
sy2
29 Ve
F
,■>.
9%
Friday
May 13
f per share
per-share
9%
*137,
*.
35 y4
8% "
;
83%
i 4%
35 y4
"
21%
-
*82
.*
-
*140% 148
11
"11
Thursday
May 18
;
.
shhfe
$ per
9%.
9%
Wednesday;
May 11
May 10
t per share
;»r.
148
*11
Tuesday
Monday
May If,
95A
*140 "
Sylvante Elec Prod Inc com_Napar
$4 preferred—I
j.^Nopar
Symington Ooyid Corp^fc*._-^^»._l
*
Saturday
May 7
1 per share
s
_—_—«—25
swnt
*
2
5% Jan
24-7
*
r
Superior Oil of California—-*.-125
Superior Steel ?Corp.
_50
Sutherland Paper: Co
>—10
Sweets Co of America-{The)—4.16%
32% Jan
20% Feb
'
a
11
j JaaAiT*
82
;
LOW AND HIGH BALI PRICEg
•>'>
Sunshine Mining Co—-——10c
36
Mar 16
<
'
-
14
14% Jari 12,
7% Feb 25
20% Jan
4-
7%May
--
168
NEW FORK STOCK
7; 77- Exchangev<
.
:
31
•
Jim
Aug
-
share
10% Apr
Apr 22-
;
10% May 10.
Jan
dan-
-.
<26
79-* -Dec *7
$ per
7% Mar 25
36%' Jan >
.
:(
share
.10% dun
;
Highest
"S per share
11% Mar
235 t dun
.
*»•>
Range Since Jan. I
Lowest
Highest
~
RECORD
"-<7>w
STOCKS
Range fur Previoua
r
f,
YeUr 1048
%:
27
(2119)
*6%
5%
■
500
5%
28
5%
200
6%
28
800
-
60
*
>
Dec
.
12:
Jfcn
Dec
39
.•
59%
Jun
< 27%
<
37% Nov103:
"
Oct
-
Udylite corp ■ (The)-.
46 > Jan
10% Feb
8
23% May .13
12% Apr
6 :
31% Jan <7
Underwood Corp
;
.
No par
Unfen Asbestos & Rubber Co*^w— 5
::
40
36% Apr 26
110 r\ Jun
*
91
Feb i
98
80
Nov -:
2r%
Feb
107
Jun
j
;
'
('■. 79% Nov
06% July
51% July
45%
Sep /
31% Jan'.-
Jan '7
42 '
6
111
Jan 13
94
7
86% Jan
94
Jan
92
Mar 31'
31% Apr
5
89% Jan 21
48
41% Jlin
-
Jan
12
25% Feb ll
77% Feb 25
90 r
Jan
38% Jttly
.
'v.
I
■
10% Mar 17
3
C
!
■'
i:
7
Jan
t
A
/ *
>> J
39% May
43V4 Nov
V
Feb
8% Feb
>■.;'
16% Jun
.9% Mar -A
»•
,v
.
.
9%
<
A
>
{
Apr
31
.
-
Apr >4
13
16
51% Feb
3.6% Jan
Rag • & Faper_il_—
No
Union Carbide: & Carbon^—No
Un El Co of Mo pfd $4.59 ser—No
Preferred $3;70 series—.—;No
Preferred $3.50 series;—No
California
Oil Of
5
9%
41%
12%
9%
1
25
24%
par
r37%
38
37%..
par
par
'
*91
96
88
.
*87
30%
30'/a
80%
80%
48%
49
32%
33
'
41%
2i500
11%
12
24%
24%
23%
24%
23%
23%
5,500
38'/b
38 Va
38%
38%
38'/a
(38%
19,500
9'/e
^24%
*
38%
:»
9%
96
*9
9
109
<
*91
-
1
•87
88
•
500
*108
109
.108
7 108
91
96
*01
96
96
88
7
*87 7:
120
87%
88
87%
100
30 %
*49
30%
30%
30%
30%
30 y4
30%
3,300
81%
81
81
81%
81 7r
81
80%
81%
2,100
49%
33%
.
•
50
49%
33%
49%
\
33%
»
*108
109
»<30Va
..
.
41%
12%
109
49%
34
,<*33
41
12,,/a
*91!
*87
81 Va
48%
1~50
41
12%
38
:
30%
80%
-
1,000
41
12V8
,.
■
)
30%
/
C
88
9'/a
40%
12 y4 7
24%
■;„.
•
38%
91/*
41%
*12Va
108%
96 \i
*91
*86%
>
0%
41 '/a
':
24%
.
108
; *108 ■" 108%
par
,9%
41 Va
41%
*12.._ 12y4.
24%
—No par
Car
•*11%
25
tion>cum preferred-^
4,%
Union Tank
S
par
Union Pacific RR CO com——_50
15
Mar 28
Union
Union
9%
> 41 %
—-i—1
34%
x33%
50
,49%
*331/8
1,300
50
33%
:
34
s
800
i"
fivnrlts
Range for Previous
"
■
Year 1948
7
-Lowest'
S::.S
per share
22%
Dec
30%
103% -Nov
•
•
9% Nov
»
57% Nov >
,
19
-6 %
27%
Dec,
Feb
29
22% Feb
.
Feb
61% Jan
v
NEW
'
,><;■>
;
YORK STOCK
EXCHANGE
.•
'
109
Mar 24
14% Mar 29
74
*:><>:
Aircraft Corp. common
United
9
23% Apr
7% Jah
28
Feb
12
United
26
38% Jan
18
United- Carbon
JUly
July
29% Jan
3
33% Maf 17
2 % Feb
9
41% Feb
3% Apr
45% Apr
10% Feb 16
5
-
26
4
Cartoh' Corp-!—10
Board &
2l/«
Feb
Feb
9
May
'4
60
Dec
82
y2
Apr
51
Apr 22
65
Jan
7
Co—^——No par
Fastener Cbrji—No par
Cig-Whelan Stores com—30c
$3.50 convertible preferred——100
United Corp commopw—w_——1
United Dyewood Corp common-—l
7% preferred
—'—
100
16%
Feb
28%
Jun
16
Apr 22
22% Jan
3
United
Electric
37y2
Jan
46%
Jun
35
Apr
39 Va Jan
20
United
Engineering & Foundry
48
Feb
58 y2 May
48
7
United
18%
Dec
23
18% Feb
11%
V
Dec
2%
41
<
36
Nov '
5 Va
Dec
55
3% May
-
2% Jan
May
21% May
Feb
10
3% May
5% Jan
3
24
7
54% Mar
Apr 29
24
6
7
2
7
Fruit
11
23% May
4
101
Jun
94
Mar
7
98% May
9
24
% May
16
Feb
8
17% Jan
8
U
92%
Feb
113%
Jun
92
May
3
104% Jan
20
U
166 y2
Nov
179
Jun
175
8
Dec
17% May
Dec
.76
Jun
46
*42%
Jan
17% Apr
28
2J% Jan
7
U
8%
Jan
4
Mar
9
5% Jan
14
U
Mar
9
21
Jan
21
3
16
Apr
7
54%
May
18% Feb
Jan
6% May
10
8% Jan
i9y4
Dec
4%
Dec
17%
Dec
36
Jan
16
11%
Sep
21%
Jan
11% Jan
24
Jan
U
27
57
22%
Co
7% Dec
9% May
"39%
Feb
53% July
49
Jan
58
22% Dec
37%
121
94
May
49% May,
Dec
Dec
Jan
8% Apr
34%
-
33
*32%
33
2%
3
*32%
3 V
33
3
42%
44
*32%
43
49% Jan
28
52% Jan
82
,»
12
59% Feb
25% Mar
3
Apr 29
36 % May
117
May
88 %
Feb
U
3%
:.
3%
*4%
s
3%
*
*•
4%
*50
4% ;4%
4%
*51 ">"52%
49
48%
49
*21%
21%
21%
21%
*10%
10%
*22
23%
*22
23 »/2
23
*21%
23
4
8
U 8
3
43
Jan
26
3
133
Jan
18
s
Rubber; Co
8%
U
21
46%' Apr
19
Corp 'common
1
pfd series A———100
Plywood
3%w
1
non-cum
1st
22%
*5%
34%
33
32%
32%
3
*2%
2,100
300
*5'/a
34%
2%
*42
43
1,900
50
43
*42
.
600
200
3
*181%
*18% ' 19%
*4%
*17%
>
-
1,200
48%
49%
48%
49'A
487'8
49%
48%
49%
11,000
21%
21%
21%
21%
21%
21%
21%
21%
10 J/a
10%
23J/a
23
'
.7
93
183
^83
.
6%
7
>
*7%
7
15%
*57%
57%
*20%
21%
122 y2
45%
*4%
*
84
17«/2
1,000
15%
15%
4,500
8'/2
45%
45%
45 «/4
800
59
59
59
300
21%
21%
22%
Va
*84%
86»/2
30
37 Va
37%
37%
2,700
86
38'A
*84%
x3?%
124%
xl20%
122
45
45%
45
45
*71
;71 '/j
711/4
71
71,.
70%
71%
-
17%
*7%
21'A
20%
124
124"
100
7%
*45
37%
1,100
47/a
17%
*58%
37% '
125 ' ;
'37%
./
.15%
59
84
170
19%
19%
*4'/a-
7%
45%
20%
1,400
17 y2
8%
45 7
^
130
7
47
15%
18
*58 Va
20%
=
3,000
185
*6%
47
5
■
70
16%
97
*182
7
47
8,600
99%
96%
19%
4%
*7%
84
37%
123 Va, 123 Va
122%
45%
20%
84
,'-"37%
37%
59
183%
6%
47
191/4
17i/4
45'A
21'/a
*82
183%
>15% f: 15%.
8%
84
21 %
t,
'
*16
6%
*4%
23'/8
*99
16'/a
96'/a
47
19
•'
15% .7
*44%
' 44%
99%
95
100
23
22%
*16
182
6%
*45%
17%
•
*99
2,600
4,400
10%
16%
182
.
23 Va
v
23
*21%
94%
*16
93%
4%
*7%
8'/a
44%
5758
37%
22%
*99
39%
*58 Va
8%
45%
•
19
17%
18
-15%
115%
84
23
47
*4%
4%
*17%
-
23
6%
„
19%
4%
*
23%
*21%
22%
—
10%
23
10%
*22
183
6%
7*45%
46
10%
10 %
23%
23
93'/a
94
*19
18
10%
*22
*22
22%
*7%
'
37Va
16%
5
*15% -15%.
*•82
16%
37
99%
6%
1,300
16%
37
22%
46
52
*50
■
16%
36%
*16-
6%
52
*16J/a
16%
*96Va
48
200
36
16 %
*181%
183
r6%
*46
31,700
*4%
16%
22%
94
3%
*4 '/a
36
98 Ve
94 V2
31/4
4%
3%
*4'/a
*50
3%
37
98
16%
3%
4%
52
,
>37
-
22 %
99
94%
■3%
*16
22%
*16
100
preferred
5%
34%
*32%:
-J'
43
7
227/a
*5%
34%
16'/a
10% "10%
*98
10
common
„
700
600
74
*16
*44¥4
—10
3
*4%
*50
52
*21%
preferred
Pipe Afc Foundry—
Playing Card Co
*42
4%
'
*22
*22
,
Leather Co common——No par
Partic Ac conv class A_
No par
s
.
3%
3% •
3%
49
S
U S
33
22%
2% - 2%
*42
43
37
Limes-Co common——1
X22%
22%
7' 5%
36%
$4.50 lht preferredS Freight Co
i
S Gypsum Co common
s
22%
5%
*34%
37%
4%%
18
8
19% May
*
137%
19
Feb
43
July
>37% May
Dec
86
7% Jan
U
22%
6%
34%
"
A
*72%
•5%
*37
Foreign 8ecuHties_i—Nd par
—No par
No par
20
1% preferred
100
S Hoffman Machinery com
5
4%% preferred
*
100
S Industrial Chemicals——No par
73%
34'/4
•
10,200
73%
5%
5
U s At
183% May 12
9
May
22 %
2,900
12%
74
34%
"
Certificates of interest w I———-
Feb
22%
105
24%
105
12'A
*5%
Shares
per share
24 Ys
105
24
12 Va
34%
16
United.Paramount Theatres wi—1
Feb
22%
share
23%
*103%
12%
5%
>
Saiek for
the Week
12%
35 y4
16
7
15%
22%
16V2
13
89
*72%
52%
18
Feb
73%
$
:
'
->
United Gas
16%
">.'.73%
*16
24% Apr
18
72%
^51 "
23% Apr
9% Mar 23
16
12%
*
*43 *
-
Improvement Co—^13%
United Merch & Mffs Lac—:
1
21% Apr
12% Jan
3
105
105 7
12%
^_5
Cos
22% Apr 29
32*%
:
24
105%
106
No par
Coal
23% Apr
i
*32%
United-CaVr
105
23%
Friday
May 12
$ pet
$ per share
23%
>7 12%
73
*5%
Unite
23%
~
72%
72
35%
'
77
May 13
•Thursday
Wednesday
'May 11
*
12%
>
12%
22%
Tuesday
f per share
•
12
*105
106%
>
'■
May 10
23% "24
12%
•>•
'
8 per share
24
*105
Ve%
30% Feb
Dec
Feb
4%
v
*23%
5% convertible preferred—,—100
United Ait Lines Inc common—10
:>■
May 0
$ per share
5
Jan
>38%
3
Monday
May 7
;>..v
par
$ per share
26% Mar 30
Saturday
f
Y>"1
preferred
100
United Biscuit Co—1——No par
23% Oct
<15% Jan
™
'.
"!
^-Highest
7
105
»May 10
4 10% Jail
5
00% Mar
Jan
<
■f
Range Since Jan. 1
Lowest v.
$ per share
May
110% Jun
10% Apr
'v
.
>
Highest
$ per share
LOW AND HIGH SALE PRICES
7
7 122
100
>
122
8,300
1,820
•
37% Nov
58%
Jun *
39% Feb
7
63%
72
Apr
64% Jan
13
Jan
3
Dec
67% Mar
:
129% Mar
17%
87% Oct
146% Jun
19%
Feb
Jan
8%
Dec
42% May
'6% May
12% May
85%
Dec
98%
Nov
37
'
4% Mar
2% Dec
22
-Feb
-v
i9.
Feb
Dec
7%
8% Jan
80
Apr
Feb
15
23% Jun
170
v
May
15% MajT
3
8
3% Feb 25
19% Jan
156
7
Mar
,
-
Feb
17
5
10
42
Dec
70
' May
43% Jan
3
14%
Feb
11
Dec
27% Oct
15% May
26% May
19% Feb
9%
9% dan
3
21%
Feb
24% May 13
26
43% Feb
21% Apr 21
.
16
28
10% Mar 30
4
>25
Jan
7
8
Mar 29
17% Jan
>
4
5% Apr
"85% Jan
Apr 22
2% Jan
27
140% Jan
,21% Apr
-
7
'5% Mar 30
22% May 10
165
Feb
»%• May
x53
1
5
May 12
25% Apr
25
11% May 13
24
Smelting Ref & Min com
7%
preferred—
1
Mar 17
78% Jan
3
29
21
10% Jun
Feb
150v
4% Feb 24
Jun
20
Mar
4
23% May 12
130%May 3
18% Jan. 4
38% Jan
3
6% Jun
34
Jan
Dec
16
Jun
69
72
U S
Jan
27
U
5o
5o
Steel Corp common
No par
New
——No par
S
7%
*71 {
71%
72
132 %
preferred——25
United Stockyards Corp—
—1
$6
;
8%
*24
:; ;
>
4%%
100
preferred
Co
Inc.-
.
7
100
Vanadium Corp of America—No par
Norman Co
2.50
Raalte
.
'
1
Van
Van
*:
Leaf Tobacco com-No*par
preferred
Universal Pictures Co Inc com
-—-10
-0%
80
23%
'10%
23?
23%
11
23
'
43%
44%
71%
71
71
500
71%
44%
71 »/4
72
39,800
131 %
132
45
*70%
71
-
11
-
24%
52%
'23%
U
-
-*22%
11
23.
9
4%
■
.
11
•
*22%
52%
.23
11
23
-
so
24%
'
22%
163.
*52%
22%
H
*22%
1,700
40
1,000
10
1,300
*78%
80
80
80
23%
24
24
24'A
8,800
3%
1,100
;
-3%
3%
*23%
•
"4%
4%
24%
3%
24
.
..
24
600
200
15%
*15i/a
15%
100
4%
-
4%
4%
2,800
*22%
22%
*22Va
22%
*163%
165%
*163%
1651/2
60
9»/«
9%
9%
4,700
22%
9
*9
X52
53%
23%
-
5
9%
*16%
—
53
23 .;..23%
11%
11%
23
42
41%
10
15%
163
21%
21%
1,800
*4%
~
"-9
7
.
,
*4% V 5
3%
,
1
21%
'42%
4,800
9%
9%
9%
45%
*42
/
•
5>
*23%
t ■ -
22% v'
1
'
3%
4%
1,6.4..
9
5:
80
-
16
'
■'"
22%'
?
l
24
24
■:■'> •
V
3%
.
(
21%
42%
2J.%
132%
'21%
*42:
'
9%
•
80
164
53 V4
23%
'
--
*164
.167 7
>' 9%" "9%
*22%
5
-
?3%
*15Vr
4%
*15 Vac 16 \
4%" '4%
>522%"" 22%
"
v *52%
•42%
'■■'4
132%
<
f
m
-
3%- "3%
"
-21%
~.
-4%
9%
'
Universal Laboratories Inc—
,
133%
21%
v>42
5%- -5'/a
9%'80
•
>
>■■■•>:>*
135
"133 %
21'/a
<- 42%
•
pfd—5
preferred-——:_^no par
United Wall Paper Imc commottL^_2
4*% conv preferred
——-50
Uiiiversal-Cyclops Steel Corp
—1,
7Q%
-
*42
;
conv
Universal
21
.
'
noiMmm
United stbres $4.20 nbnM: 2d
7iy4
71%
131%l 132
preferred-—*—100
7%
46
71%
71%
<
U S Tobacco Co com_—.—No par
*—
For footnotes seeuacre 28.
45%
<
71%
.
11%
*22%
22%
53
23%
11%
*22
53
800
190
23%
2,800
11%
4,000
22%
100
28
COMMERCIAL
THE
(2120)
YORK
NEW
Year 1948
I per share
$ per share
15% May
10
Feb
16
29% Jan
20
Jan
3
S per
$ per share
85% Mar
Jun
48% Jun
85
Oct
96% Apr
91
7% Mar
•
109
Jan
117%
'15% Dec
28% Deo
90% May
124% July
18% May
7
.
Jun
118
20
Feb 14
19
32% Jan
12
Nov
38% May
34% May
29 Y« May 11
33% Apr
6
24%
Dec
39%
Apr
25Y4J*n
31
9
25%
Dec
32%
Jan
29
4
32%
Jan
66
Apr
23% Mar <5
30
Mar 15
Jan
48
'
Mar
30% Apr 30. *
32
Apr 26
15% Jan
100% Apr
102
Aug
10% Mar
7Y4Feb 14
13% Apr 28
16% July
-
14
Nov
Feb 28
9% Jan
May
32
9% Nov
90
Jun
101
Feb 24
21% Feb 25
27% May
13% May
8% Feb
22
29% Jan
105
xl8% Mar
*83% Mar
26% Mar 14
-Jan
3
105
Jan
Jan
7
Dec
20% May
12% Feb
16%
Dec
22
Sep
16% Feb 10
13
Dee
30% Jan
11Y4 Apr 21
15% Jan 25
5Ys Mar 30
3% Dec
26
Sep
Nov
X80
19% Mar
13% Feb
104% Mar
*113% Apr
103% Mar
105% Nov
100% Oct
-
3% Jan
6% May
20
34% Aug
86%
3
80% Mar
Jan
19
26% May
27% Jan
Mar 28
9
Feb 24
84 Ys Jan 24
23Ys Jan 21
May 13
May 10
Class
May
1%
103% Feb
110% Jan
Jun
107
112% Jan 24
Jun
105
108% Jan 26
22V4
Oct
13% Mar
4
51%
Jun
36
Mar 25
41% Jan 24
100% Feb
110%
Jtin
104
May 12
108% Jan 25
22% Mar
25% NOV
5
Feb 24
34% Apr 29
8Ys Feb 24
38% July
22
Feb 25
Mar 23
36% May
22
08% Dee
74% July
15
26
54% Apr
14Ys Mar
Dee
29% Nov
23% Deo
85% Feb
91% F0b
25
Dec
80
Jan
37
Mar
83
Mar
23
Feb
13% Dee
■
9% Feb
X53
Aug
27% Feb
9
Feb
6%Majr
51
Mar
10% Nov
69
•
Dec
12% Dee
,14% Dee
125
Dee
28
Feb
,41% Nov
13%
Deo
58% Dee
X62
Nov
May
39 Ys
98% Feb 15
23
July
57% Oot
39% Apr 22
JUly
53% Jan
3
3
5>
31% Nov
28% Feb
8
Feb
11
24% May
13% Jan
18% Jan
22% July
126
8
19% Jun
May
4Y4 May 13
65% May
17% May
88% Jan
44% Apr 26
10% May 13
73
Jan
19
11
May 12
12
Jan
18
Jun
xl38
Jan
23
44% Jan
Jun
Deo
48
26% Jan
89YsJan 12
27 Ye Apr
26
16Ye Mar 30
25 Ye Apr
11
55
Apr
5
3GYs Apr 20
11 Ys Jan 12
xl9% May
'
Oil
7
10
Apr
9% Jan
9
74
24
Jan
'48
14
*13%
*102%
104
Jan 28
6
35
July
25% Feb
3% Feb
6% May
32
8
8
8
Jan
13 Ya
91
12%
12 Y4
22
23
*Bid and asked prices; no sales on this
day.
-
283/4
*28
30
*29
30
34
*32
34
*32
34
49
*48
49-%-
*48
14
•13%
14
*13%
275/s
*27
27 Ya
*27
30 Ya
30 Ya
.500
28%
*
*13Ya
27%
*
102 Ya
104
x22%
22%
8Ya
8%
800
10
.
13%
*13%
12Y4
203/4
203/4
16%
163/4
16s/«
233/4
*235/8
237/8
*13
13%
13Ya
13 Ya
'16%
18
16Ya
16%
163/4
*16%
12%
12Ya
123/s
4Ya
*4%
4%
20%
20 Ya
20 Ya
20%
82
813/4
193/8
19
20%
203/a
19 3/a
19Ye
19%
Ya
19%
19%
19%
llOYa
110%
111
112
112
117
II6Y2
116%
115%
116
19%
20 5/o
20Ya
81Ya
82 'A
19%
19 Ya
19 Ya
19 Ya
19'A
19 Ya
1083/4
100
109
120
110
111
'111%
111 Ya
110
105
*104Ya
105
109
105
*14%
1013/4
143/4
37 Ya
*37
104Ya
104 Ya
104
*6%
6%
63%
63/4
6 3/4
36
35 Ya
35 Ya
35 Ya
35 Ya
11%
11%
11%
*11 'A
IIY2
/
'25%
23 Ya
273/4
23 Ya
23%
*25
27Y4
235/8
*25
27%
'
*23
67/«
36
X35
'91'A
v
'99%
12.50
'23 Ya
'104
92 Y4
*23
23 'A
*23
*56
59
*56
59
100
40%
*23
24%
57
15 'A
15%
15 Ya
273/a
273/4
27 'A
273/a
X26V8
>225/8
225/a
23
22 Ye
92
*91Y2
*91 'A
*99%
100
100
24
23
82
82
*81%
83 Y2
26Ya
26%
26%
*26
27
16
16
Ya
83
83
'25 Ya
153/4
16
40 Y4
40
40 'A
15 Ya'
153/4
23
>
;
23
.
813/4
*26 Ya
ir<7/8
15 Yo
153/4
153/4
23
23%'>
543/4
*533/4
543/4
*533/4
*30 'A
31 y4:
*30%
18%
.10
{
25%
46%
15
5
*
5%
46
46
46 Va
46 'A
11%
11
11
10 Y4
U%
V 11
Va
77
*11 Ys
11%
18 'A
18 Ya
*129
4f%;
46 'A
,
*143/4
15%
77 'A
*HYa
113/4
18 Ya
18 Ya
132
*129
5
18 Yt.
131
5
46
183/a
18%
24 Ye
23
23 'A
23 Ya
23 Ya
23 Ya
46%
46 Ya
463/b
46 Ya
46 Ya
46 Ya
24 'A
463/s
3,200
46%
15
143/4
15
*143/4
147/a
143/4
147/8
145/s
14 3/8
1,000
*67
68 Ya
70
69 Ya
*68 Ya
71
50
*72 Ya
75
*72 Ya
75
713%
*66
68
67
67
70
*69
71
70
70
69 Ya
'73
74
*72
73
>72
75
71
71
71
*32Y4
9
21% "
21 Ya
21 Ya
5 Ya
9 Y4
21'A
21%
21%
9Ya
9Ya
9Ya
9Ya
32
*177/8
*9 Yo
1,300
9Y4
'
30 Ya
18 Ya
30 Ya
-
*30
32
*30Ya
32
I8Y2
*177/s
I8Y2
>18
643/g
"
64%
64
64 Y4
X033/4
64 Ya
64
12%
12 Y4
12 Ya
12%
12 Ya
12 Ya
12%
28 'A
28 'A
28 'A
28 Ya
28%
29%
29
37/e
6,500
29
3%
V* 100
12 Ya
37/s
4
200
'
*177/a
28%
cName changed from City Ice & Fuel.
1,500
21
21
18
12 'A
3%
300
31
65
12%
28%
700
9 Ya
63 Ya
64
4
71%
18
18 'A
12%
28%
9%
9
*30
32
65%
37/s
*8Ya
21%
65%
*28%
8%
9%
*12,%
]
!87/8
21Y4
18 Y4
par
*703/4
83/4
713/4
*85/s
71 Ya
8 3/4
71 Ya
*83/4
33 %
*17%
6,500
68 Ya
*67
67
'"■V
7,200
132
>129
23 Ya
70
21Ya
9%
300
18%
18 Ya
18%
200
11%
'11
46%,
66
*9%
77
J,
71
21%
77
132
*129
67
20
12,300
11
11
'69%
...
1,200
103/4
77 Ya
'66
v
4%
45%
*76 Ya
132
8,400
4%
10 Ya
10Y4
11 Ya
...,18%
'*129
2,600
*45 Ya
11
11%
100
95/8
2,200
5
xl0%
77 'A
*77
30 Yt
25
24 Ya
2§%
*76%
11%
77
1321
'129
_10
5
46 Ya
77
HYa
—10
5%
*46
543/4
46
47/s
5
46
233/a
30 'A
;
9%
*9
9%
9%
5
llYa
s
100
9 5/b
31%
'76
110
:
1,900
f
23 Ya
54Y4
31
;
j
*533/4
23 Ya
23
*533/4
*30
800
-if
rCash sale,
s
Special sales,
37/e
3%'
wd When distributed, x
2,600
1,900
f
3%
37/a
4
Ex-dividend.
Transactions at the New York Stock Exchange
Transactions at the New York Garb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocke
Week Ended May 13,1949
"
Railroad
Infl
Number of and Miscel,
Shares
Bond*
.
Saturday
Monday
239,740
614,470
$495,000
1,958,000
Tuesday
724,800
2,729,000
Wednesday
Thursday
Friday
785,680
783,210
2,137,000
2,474,000
782,080
2,566,000
Total
3,933,280
$12,359,000
Foreign
Bonds
Bank
$98100
327100
(Number
Sales.
of
<'
Shares)
$593,000
2,290,000
3,103,0p0
2,481,750
2,808,000
374,000
344,750
$5,000
2,898,000
$5,000'
$1,804,750
,
—
.
$5,000
Week Elided May 13
1949
.1948
Stocks—No. of shares
Bonds
Stocks
Bond
Government
Bonds
329,000
332,000
Total
United States
$5,000
$14,173,750
Jan. 1 to
1949
Week Ended May
13,1949
1948
11,220,220
84,840,795
113,144,942
$15,000
$287,500
$359,500
5,000
1,804,750
665,000
39,019,100
255,715,300
35,336 880
12,359,000
142,000
2,008,000
23,646,700
Total"——
_
390,272,100
$14,173,750
$25,811,700
$295,686,900
$528,805,480
2,837,000
$5,000
■
Total
'
$40,000
275,000
210,000
V;;. 56,000
9,000
136,000
464,000
112,000
37,000
"llOO
202,000
67,000
24,000
7,000
208,830
149,000
54,000
5,000
98,000
208,000
1,154,600
$746,000
$298,000
155,890
213,875
279,195
Total
.
.
Week Ended May 13
1948
1949
f
$5,000
$15,000
Foreign
223,570
Stocks—No. of shares.
Bonds
V. 8. Government
International. Dank..
Foreign
Railroad & Industrial
Foreign
Corporate
$20,000
Domestic
73,240
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
May 13
3,933,280
Bonds (Par Value)
Government
■
.
248,000
$27,000 ; $1,071,000
Jan. 1 to May
1949
13
1948
1,154,600
2,892,415
21,005,460
27,549,372
$746,000
298,000
$1,048,000
$21,706,000
3,897,000
27,000
30,000
$14,027,000
4,435,000
887,000
$1171,000
$1,605,000
$19,349,000
$26,487,000
Bonds
Domestic
Foreign
Foreign
Total
governmentcorporate
527,000
;
2,000
27 Ya
31Y4
46
,
■:
813/4
27 3%
1
140
j
813/4
233/a
543/4
///>< 5
300
40 3/4
■813/4
233/8
9Y4
23 'A
106
*26Y8
*30
9%
j
813/4 i
*533/4
9%
100
273/g -
23 Ya
9%
'
101
15,400
40 Ya
31 Yi
;
120
*102
54Y4
9%
6,100
223/4
23 'A
23
41
'30
23
27
92
813/4
157/8
;
200
2,600
92
*99Ya
100 Va
'53%
,:
500
22 Y2
.
*26 3/a
157/s
!'
600
-
15 'A
26%
27
225/8
104
40 Ya
40 3/4
15Ya
925/«,
23
104
40 3/4
■
15 Ya
104
23
*102
104
40
40 Ya
*99Y8
100 %
*997/8
100 Y2
*23
107
92
92
104
24 'A
.
'104
107
57
>
2,500
23 'A
15%
913/4
;
v.
23 y4
273/4
913/4
115/8
28
113/4
27
•
58
23
1,500
UYa
27 Ya
IIY2
27
23 'A
273/s
223/4
35%
353/4
36,
11%
15 Ya
i
1,500
273/4
57 Y4
15 Y4
90
7
67/a
*22 3/4
233/4
59
15%
300
*25
11%
-
•
*56
1,300
106
*104
7
120
15
*37 Ya
104 Ya
80
38
15
-15
38
7
35%
::
7
IOP/4
1013/4
IOIY4
147/8
145/s
37 Ya
7
'35
103 %
143/4
105
-
*
*101
1013/4
37 'A
'104%
^ '11Y4
'
109 Ya
'
1103/4
106
390
8,800
27,300
109
109
*l03Ya
*104 Ya
20
116
*110
105 Ya
20 V*
19 Ya
113
Id3/*
>104%
19%
19 Ya
•! 109
105
t
19 Ya.
*115
1105/a
37 Yi'
2,200
82
*111 Ya
'IOIYS
145/s
213/4
82
116
*103%
37 Ya
300
20 Ya
■
113
*110
145/e
4 Ya
*115
110
37 Ya
*4 Y4
*111%
1013/4
14%
>
4 Ya *
1,100
113
105
37%
12 Ya
116%
>101Y4
'37%
400
12 Ya
*111%
>103 Ya
'14%
500
/
12 Ys
*115
•
1013/4
110
16%
203/4
813/4
110%
—100
Deferred delivery.
.
*4%
105
1083/4
17
4 3/8
'103%
<
*165/8
12%
'109%
109
109
200
17
12Ya
•
■'? '101 y4
109 Ya
3,300.
235/8
13 'A
12 Ya
'108%
23 'A
Radio corp.
Products Corp
W-
19 3/s
'116
16%
23 Ya
x803/4
-
82 'A
*82
s
1,400
*13Ya
4%
/
22
*21
v
16%'
*16Ya
'
27Ya
;
16,700
13 Ya
20 Ya
43/8
'110 Ya
•
23'A
.
40
12Y4
233/i
16'A
.
'■
'
-
12'A
43/8
82
19%
*12
200
13 Ya
91 Ya
12
>
13 Ya
165/s
*23Ya
17
2,800
*23%
16%
13%
16%
8Ya
91 Ya
„
21%
*21
10
2,500
8 Ya
12 'A
21
400
22Ya
**13%
91%
12 Ye
14
27 Ya
104
22%
13%
*90Vi
12%
49 Yi
.
*101 Ya
8Y4*
8
91%
23%
27'At
& Towne Mfg Co..
.
223/4
12 Ya
16%
par
»
•
133/«
13 Ye
..12%
100
100
Co
223/4
104
*90 Ya
91
*23Ya
15 Ya
Co.
-
*101Ya
1
13%
167/e
24
71
a
31
*28
*29
'13
4*73 Ya
tin receivership,
30 Ya
293/4
*48
•
-
133/8
21
*22
9Ya
Zonite
20
500
30 Ya"
8%
:•/
12
-
75 Ya
Zenith
60
19%
29 Ya
283/a
23 'A
91
12 Ya
71%
7
200
6,100
29%
*13
■
'32
14
♦13 Ye
13 Ya
'8Y4
4% Jan 15
V
-
"
27 Ye
23
23%
■.'
19% Feb
3% Dee
1,800
'
17%
28
104
104
104
23 Ya
59
com
York
Mar 30
91 Ya
293/4
49%
27 Ya
27 Ya
27 Ya
71%
Yale
39% Jan 18
14% Jan
49 Ya
*13%
Corp common..
1
4%% preferred —
.—50
Young (L A) Spring & Wire.NoPar
Youngstown Sheet & Tube—No par
Youngstown Steel Door.
__No pat
7
74
*48
14
27 Ya
'15Y4
Worsted Co
20
20
34
91
*16%
—,
7
12% Jan
'32
'56
Worthington Pump &
Machinery common
No
Prior pfd 4%% seriesPrior pfd 4%% conv series—100
Wright Aeronautical
NO par
Wrigley (Wm) Jr (Del)
—Nopar
Wyandotte
9
Jan
34
114Y4-
400
■
/
114 Yi
'
.10
(F W)
907/a
17%
114 'A
19 Ya
'32
13 Ya
/: '23 %
•
Wisconsin El Pwr Co
Woolworth
1
30
*29
100
Co
6% preferred
Woodward Iron
/
6%
6%
17%/ %
*29 'A
30
91
13 Ya
'90%
No par
131 Ya Mar 18
34 Ys Jan 10
88
36 'A
96
'94
91 Ya
114Y»
30
22
mn
$4.25 preferred
Wilson-Jones Co
13% Jan 17
18 Ye May/5
17 Y.
*18
.30
par
79
2
"is—
*86 'A
6Y4;
19%
30 Y4
12 Ya
J
No par
Feb
62% Apr 21
12 Y* May 3
;
A..
Willys-Overland Motors com—1
$4,50 conv pfd series A
Nopar
79
5
30% May 13
17% Apr 29
:
Nb par
Wilson & Co Inc common
67
May
72% Apr
9 Ye Apr
Pacific RR> com
12% Mar 10
Apr
-
'27 'A
—1
8
7% Jan
56% Jan 13
4
Feb 25
9
'43
No par
Elec Instrument
Wilcox
2,400
87
».
'36%
I;
30
30%
28 'A
;
63/4
'903/4
17 'A
30
28
34
•
Wheeling 6c Lake Erie Ry—
100
Wheeling steel Corp com.
No par
$5 conv prior pref
—Nopar
White Dental Mfg (The SS)
20
White Motor Co
4
1
White Sewing Machine com—*
1
$4 conv preference
Nopar
Prior preference
20
15% Mar 30
20% Feb 26
Oct
Weston
11
104% Apr
1
48% Jan 27
47% Jan 21
3
8Ys Feb 25
89% Oct
13% Dec
101 Ys Jan 26
21 Ya
*86
36s/a
114 Yv H4Y4
19
'293/4
'29
19%
Lines Inc
series
3,200
10%
21 Ya
96
•18 'A
114%
*29%
,
30
'81%
Westinghouse Air Brake..
Westinghouse Electric com
3%% pfd series A
3.80% pfd series B
97% Jan 28
66
May
24
7
68
16% May
Dee
7
Jan
27
64% Jan
34% Jan
15% Feb
65% Dee
May 11
7
x59% Feb 24
94
10% Feb
4
34% Jan
30
28 Ya
*
93
17 Ya
1
49 Ya
•
'32
No par
Preferred
»
67/8
'90Ya
17 Y4
19
•
303/4
/
Western Union Teleg class
Mar 30
12% Feb
25% May
81% Feb
22
37
Jan
37% Oct
Mar
7
14Ys Jan 14
128
49%
8
60% Mar
Mar 30
81% May 11
23Ys Mar 2
Jan
27% Jan
May
96% July
69
July
11% Jun
58... Jan
May 11
102
40% Jun
92
17
22
x91% May 5
115
Jan 24
68% Jan 26
22 Ys Apr
95% Apr
101% Jun
30
30Ya
'414%
>19
30
'293/4
—
A
Western
96
*4%
Supply Co
—10
Maryland Ry com_—100
non-cum 2nd pfd
100
4%
*36 Y4
*94
36
6%
93
17 Ya
114'/a
'18
>'29
preferred
preferred
Western Air
8
7
'114 Y»
19
'28 'A
Inc
Western
29% Apr
114 Y»
'90%
17Y4
17 Ye
17 %
283/4
"■*
Western Auto
Jan 20
'86Y4
88
36
'94
7Ya
7
30Y2
—5
preferred
12%
'86 V*
»12Y»
Co
Motor
7% Apr 11
41% Mar 12
5
x26Ya May 12
Jun
33% Jun
96
'30
No par
3
——100
6%
_100
West Penn Power 4%% pfd—100
4.20% preferred series B—-100
4.10% preferred series C
-100
West Virginia Coal 6c Coke
5
West Va Pulp & Paper com__No par
4%% preferred
—100
2
13
16% Apr
38% Feb
i
$4 conv
20
10% May
'94
'30
-—5
West Indies Sugar Corp.
West penn Elec Co com.
117
46% May
16% July
95 Ya
-'28%
Wesson Oil & Snowdrift co:
7
102% Apr 21
17Y4 Jan 20
5% Nov
34% Dec
7% Mar
'94
'18
—l
Pictures..
Webster Tobacco
112
Apr 18
Apr 25
lOlYeMay 2
95%
'114%
L100
Wayne Knitting Mills—
Wayne Pump Co
—-
113% Feb 25
-
36 Y4
8'/a
14% Jan
3
108% Mar 22
107
88
*35Ya
-8 Ya
Jun
113
87
'86 'A
23 Ya
Jun
8
'86
36 Y4
'23Va
119%
<111% Oct
87
88
'35 Ya
—100
preferred
114
19% July
-
'86
'86%
36
'102%
Waukesha
17% Mar 15
7
88
87%
88
17%
Washington Gas Light Co—Nb par
24
12%
•-
■
share
10 Ya
10 Ya
'
..Nopar
Ward Baking Co common
5%%
preferred—«
Jan 11
14
87
*86
Shares
;
r
Warner Bros
25
21 Ya
'86
36
preferred——100
—NO par
Warren Foundry & Pipe—
Warren Petroleum Corp.
22YsJan
x213/8
87
92
1
23% Feb 23
21%
'90
4
27% Aug
213/8
92
25% Feb
34% May
21%
'90
12 Y2 May
20% Jan
21 Ya
Walker (Hiram) G & W——Nopar
Walworth Co
No pax
3
Xl9% NOV
213/4
7
4%
7
20% May 11
15% Apr
7
21%
7
8
15% Jan 21
94% Feb
22
7
Waldorf System—
Walgreen Co common
8
23% Jan 21
9% Jan
10'A
7
Wabash RR 4%%
60% Jan 28
14Y« Apr
9
35% Jun
Dee
28
4
12% Feb 26
May
10'A
'94
preferred
w
07% Aug
12% Dec
io'A
'86
Virginia Blec 6c Pwr Co com
10
$5 preferred
;
1100
Va Iron Coal 6c Coke 4% pfd
25
Virginian Ry Co common
25
6% preferred
—25
Visklng Corp (The)i
Z—5
—20
Vulcan Detinnlng Co common.
1% preferred
5
29%
lOYa
Va-Carollna Chemical com—No par
6% div partlc preferred
_10o
21
Jan
3
Mar 28
10 'A
100
3%%
11% Jan 21
Jan
$ per share
105/a
'86%
Vicks Shreve & Pacific Ry com_100
5% non-cum preferred——.100
96% Mar 16
$ per
$ per share
Sper share
10%
'
the Week
May 13
IOYB
S per share
Sales for
Friday
.
May 12
22
-2.50
Co
Victor Chemical Works common—5
Feb
17% May
14% Jan
29
Chemical
1
Feb 10
118
2
15% Jan
3
113% Apr 29
Jun
23
Vick
89
6% May 13
14% July
Feb
14% Nov
Jan
1
Thursday
10%
Vertientes-Camaguey Sugar Co__6%
90
33% Feb 11
May 9
I per share
Par
6
38% Jan 26
5
May
95
Dec
'?
share
13% Jan
22 Ye Apr
5
85% Jan
Dec
Feb
94
86
32%
93
LOW AND HIGH gALK PRICES
Wednesday
Tuesday
May 11
May 10
Monday
May 7
EXCHANGE
Highest
Monday, May 16, 1949
RECORD
Saturday
STOCK
YORK
NEW
Range Since Jan. 1
Lowest
Highest
12% July
19% Dec
85%
STOCK
CHRONICLE
STOCKS
Bant* for Previous
Lowest
FINANCIAL
&
884,000
Number 4303
169
Volume
THE
COMMERCIAL
&
FINANCIAL
}
Bond Record
NOTICE—Prices
week,
"and
are
interest"—except for income
and when outside of
The
italic
letters
in
the
the
regular
column
weekly
headed
range
and
defaulted
shown
are
"Interest
Period"
in
bonds.
in
WEEKLY
Cash
footnote
a
indicate
in
and
the
each
deferred
week
the
case
Lowest
V"
■
■
GOVERNMENT
Tear 1948
Range Since Jan. 1
Lowest
Highest
NEW
Highest
101.11 May
9
YORK
BONDS
delivery
EXCHANGE
Sep
105.28 Mar
Sep
108.28 May
;
101.11 May
9
26
./>
Low
__
3%a
1949-1952
3s
1951-1955
2%a
1955-1960
2%s
1951-1954
2%a
1956-1959
*106.23
Treasury
Treasury
Treasury
__
2%8
1958-1963
*110.15
2%a
1960-1965
*111.9
2%S
1949-1953
2%s—
1950-1952
__
110.23 Mar 11
101.18
Dec
182.22
110.23 Mar 11
Feb
102.23
Sep
102.23
Sep
101.7
Sep
101.11
Jan
Jun
_
102.31 Jan
14
Feb
3
104.9
101.19
101.19
14
Feb
3
104.9
Treasury
'Treasury
Treasury
Treasury
Treasury
Treasury
—
Jun
100.24 Mar
102.31 Jan
102.1
Mar ll
102.1
Mar 11
2%ft
101.13
101.11
101.11
*101.11
101.13
*101.11
101.13
104.19
*104.17
104.19
*104.17
104.19
*104.17
104.19
108.27
*108.24
108.28
*108.23
108.27
*108.24
108.28
103.19
*103.17
103.19
*103.17
103.19
*103.17
103.19
109.27
*109.24
109.28
*109.22
109.26
*109.26
109.30
110.19
*110.16
110.20
*110.14
110.18
*110.18
110.22
111.13
*111.10
111.14
*111.9
111.12
*111.12
111.16
*100.31
101.1
*100.31
101.1
*100.31
101.1
*100.31
*102.1
102.3
*102.1
102.3
*102.1
102.3
102.28
gales for
May 13
Low
the Week
High
Bonds (J)
*101.11
101.13
*104.18
104.20
*106.26
108.30
*108.26
108.30
*103.17
103.19
*103.17
103.19
*109.26
109.30
*109.27
103.31
*110.18
110.22
*110.18
116.22
*111.15
111.19
*111.15
111.19
101.1
*101
101.2
*100.31
101.1
*102.1
102.3
*102.1
102.3'
*102.1
102.3
102.28
*101.12
101.14
*104.17 104.19
»
•:
5,000
102.27
*102.26
*102.26
102.28
*104.29
104.31
*104.31
105.1
*105.1
105.3
*105
103.2
1 02.20
*102.19
102.21
*102.21 ,102.23
*1.92.21
102.23
2%s
1963-1968
*102
102.2 "■»
*102.1
102.3
*102.1
*102.1
102.3
*102;1»102.3
*102.1
2%g
__Jun 1964-1969
*101.19
101.21.
*101.20
101.22
*101.19
101.21
*101.20
101.22
*101.26, 101.22
*101.20
101.22
2%a
Dec 1964-1969
*101.17
101.19
*101.17
101.19
101.18
*101.16
*101.16
101.19 ,'
101.18
*101.17
*101.16
*101.17 101.19
*101.15 101.17
*101.17j 101.19
1965-1970
101.19
101.18
*101.17
2%8
*101.16 101.18
*101.16
101.18
*101.13
101.15
101.12
Jun
101.7
Feb
7
101.7
Feb
7
Treasury
2%s
100.7
Oct
100.27
May
100.18 Jan
6
101.2
Mar 22
Treasury
Treasury
.Treasury
Treasury
2%a
*102.26
*102.25
Fridav
:
High '
Low
*102.18
Sep
21
High
Low
105.2
100.16
Feb
High
102.20
Treasury
101.1
Low
'
Thursday
^ May 12
May 11
*102.26
9
16
year
*102.18
101.12 Feb
Feb
High
Wednesday
*108.23
1952-1954
the
*105
9
101
May 10
*104.17
*103.17
transactions of
for
105.1
101.12 Feb
Jun
LOW AND HIGH SALE PRICES ~
Tuesday
*101:11
>
only
102.23
Sep
100.23
' •
i
May 9
Low
range
point.
Monday
•
the
the
102.18
Apr
Oct
a
are
-v
*104.31
Jan
100.7
of
they
computing
*102.16
100.24
__
unless
sales in
\
100.25
102.26 May
range,
such
"
100.26
102.26 May
week's
1956-1958
Sep
__
the
1962-1967
Jan
—;—
in
taken of
2%a
100.23
'
account is
2%a
100.23
__
No
32d
more
1
High
Exchange
bonds mature.
..
Treasury
Treasury
Treasury
Treasury
108.13 Jan 26
or
one
disregarded
are
occur.
the
May 7
Treasury
•
108.13 Jan
sales
they
when
Saturday
STOCK
Treasury
105.1
107.4
(2121)
..."
YEARLY
-
which
in
month
Figures after decimal point represent
Range for Previous
'
.
New York Stock
«»
FRIDAY
the
CHRONICLE
.
:102.3
*102.26
102.28
-102.3
___
1966-1971
*101.13
101.15
*101.13
101.15
*101.13
101.15
*101.13
101.15
*101.13
101.15
Jun 1967-1972
*100.27
100.29
*100.27
100.29
*100.26
100.28
*100.26
100.28
*100.27
100.29
*100.27
2%a
Sep 1967-1972
*103.6
103.8>
*103.7
103.9
*103.5
103.7
*103.7
103.9
*103.7
103.9
*103.7
103.9
2%s
Dec 1967-1972
*100.27
100.29
*100.27
100.29
*100.26
100.28
*100.26
100.28
*100.27
100.29
*100.27
100.29
103.2
*103.1
103.3
2%s
100.29
101.14
_
1951-1953
*103
103.2
*103
103.2
*103.1
103.3
Treasury
2%a
1952-1955
*102.6
102.8
*102.6
102.8
*102.5
102.7
*102.6
102.8
*102.6
102.8
*102.7
2y4s
1954-1956
*105.9
105.13
*105.10
105.14
*105.10
105.14
*105.10
105.14
*105.12
105.14
*105.12
.
102.9
Treasury
—
_
r
105.15
*103
-
*103.2
103.4
___
Sep
102.13 July
102.30 Feb
9
102.30 Feb
1956-1959
*103.14
103.16
*103.15
103.17
*103.13
103.15
*103.15
103.17
*103.17
103.19
*103.17
103.19
Mar
100.4
May
100.13 Jan
20
100.19 Feb
7
Treasury
Treasury
2y4g
100
2y4s
Jun 1959-1962
*100.27
100.29
*100.28
100.30
*100.27
100.29
*100.27
100.29
*100.29
100.31
*100.29
100.31
100
Mar
100.2
Feb
100.17 Feb
9
100.21 Feb
16
Treasury
2y48
Dec 1959-1962
*100.27
100.29
*100.28
100.30
*100.27
100.29
*100.27
100.29
*100.29
100.31
*100.29
100.31
100.21
Oct
9
100.21 Feb
—
100.21
Oct
Sep
101.13 Mar
101.7
Dec
101.26 May
tTreasury 2s
tTreasury 2s
—
_J
100.21 Feb
100.31
9
'
9
Treasury
Jan
26
101.8
100.31
Sep
Sep
101.18 July
101.19 July
9
101.18 Feb
100.7
Oct
100.16
Apr
*100.10 100.11
*100.12
100.13
*100.12 100.13
100.18
*100.18
100.19
*100.19
100.20
*100.19
100.20
*100.19
100.20
*100.21
100.22
*100.22
100.23
*100.22
100.23
*100.22
100.23
*100.23
100.24
*100.22
100.23
2s
__
__
__
*100.12 100.13
Sep 1950-1952
*100.30
100.31
*100.31
*101
101.1
*101.11
101.12
*101.12
101
101.13
*100.31 101
1951-1953
*101.11
101.12
*101.12
101.13
*101.12 101.13
*101.12
101.13
1951-1955
*101.14
101.16
*101.14
101.16
*101.13
101.15
*101.14
101.16
*101.15
101.17
*101.15 101.17
9
2a
Jun 1952-1954
*101.17
101.18
*101.17
101.18
*101.17 101.18
*101.18
101.19
*101.18
101.19
*101.18
Dec 1952-1954
*101.21
101.22
*101.21
101.22
*101.21
101.22
*101.22
101.23
*101.22 101.23
*101.23
100.24
1953-1955
*103.18
103.22
*103.19
103.23
*103.18
103.22
*103.20
103.24
*103.21
103.24
*103.21
103.24
1950
*100.12
100.13
*100.12
100.13
*100.12
100.13
*100.12
100.13
*100.12
100.13
*100.12
100.13
*99.29
*100.27
100
101
*99.29 100
*100.27 101
Treasury 2s
Treasury
28
Treasury
l%s
Bank
101.11
*101
*101
101.1
-
101.19
-
for
Reconstruction & Development
94.10
Jan
94.14
Jan
98.30 May
99.30 May
98.24 Jan
10
99.11 Jan
*Bid and asked price.
5
No
99.28 Mar 24
100.24 May
10-year 2y48
4
sales transacted this day.
25-year 3s
\2%
1957
1972
J
due June 1949-51 called
15
June
RANGE
Friday
BONDS
Last
Period
Exchange
Sale Price
or
.
New York
.
at par, 2%
WEEK
FOR
101
*99.27
99.30
*100.27 100.31
MAY
ENDED
Friday's
Low
No.
High
BONDS
Last
Period
Sale Price
Exchange
3%s Series No. 15
1980
J-D
105% 106 &
104 vfe
40
or
High
1
107 %
Registered bond transaction.
„
J-D
„
3%s Series No.
17
18
f
J-D
65
Jan. 1
Low
High
59%
5
'63 %
6i y2
60
_<
58
*62
/•62
1
y
63%
*62
■/.
'•
J-D
3%s Series No.
r
Range Since
Sold
No.
High
63%
63 ft
J-D
3%fc Series No. 16
Bonds
Friday's
Bid & Asked
Low
Translr Unification Issue—
5,000
Week's Range
Interest
-
New York Stock
Jan. 1
r
\
13
Range Since
Sold
*99.27
99.30
*100.27 101.1
99.27
99.27
100.27 101
due September 1949-51 called Sept. 15 at par. a Odd lot transaction,
City
Corporate Stock
-
Friday
Bonds
Bid & Asked
Low
.
*99.29 100
*100.27
Week's Range
Interest
New York Stock
2%
__
2s
International
,
100.11
*100.17
2s
__
—
*100.10
100.18
Mar 1950-1952
__
—
*100.6
*100.5
100.10
*100.17
Treasury
Treasury
101.18 Feb
*100.6
100.4
*100.9
Treasury
26
Jan
—
100.30
*100.6
*100.3
Dec lssa-xyoi
2s
Treasury
101.8
*100.6
19*0-1951
Sep 1949-1951
2s
Treasury
__
Jun
'
'J
64
61 Ya
56
*
61 Va
63%
58 Va
63 Va
3%s Series No. 20
J-D
*62
65
60
61%
3%s Series No. 21
J-D
*62
64
3%s Series No. 19
.
J-D
;
?
"
J-D
♦62
64
"55'/a
*62
64
55%
63
*62
60
60%
63%
57
63 %
63
56%
62
60%
62
63%
59
63%
*62..
65
58
6i y4
63»A
63
60%
63 V*
3%s Series No. 25
J-D
63 y2
63%
J-D
...
3%s Series No. 30
Teletype
Broadway, New York
NY
Brisbane
(City)
s
v
ACarlsbad
lAChile
(Colombia)—
F-A
J-D
A-CP
of)
4s
-I960
8AGtd sink fund 6s
1947
1948
Akershus
(King of Norway)
8 A7s
F-A
*61
A-O
*61
62
1968
M-8
93%
93%
24
1945
J-j
40%
40%
2
1945
J-j
*39 %
1945
J-j
*39 %
*39 %
s
SAExternal
f
f
series C
s
A External
sec
f
7s series D
1945
j-j
7s 1st series
AExternal
AExternal
7s
1957
A-0
s
sec
f
7s
2d
f 7$ 3rd
s
series__1957
(City)
1958
10-year 3'As
10-year 3>/4s
20-year 3y2s
40 %
1956
102 %
F-A
1957
6V2s
External
s
f
s
f
S
of)
99
AExtl
A 6s
37 y8
2
37%
40%
99%
129
A 6s
101%
103 %
94%
7
90
8s
93%
93%
23
89
957/b
92
92 %
21
90J/a
90%
91%
35
•84%
f 6%s of
10
100%
102%
4
102 Va
112
6
115
119
91%
100 51
j-j
106
106
J-D
117
119
-1941
14
10055
Extl
A
52%
69
A-O
52%
44
69
-1979
J-D
1957
52%
-1979
A-O
1952
52
52 y,
A-O
J-D
«
■
45%
2
J-J
1942
M-N
♦34
M-N
*26%
1960
A-O
99%
35%
6
•
46
--
43
54%
53 y2
42%
53%
63
65%
37%
26%
29
35%
37%
Bank
6J/2s
A-O
M-N
*34'
Af-N
1957
J-D
1962
;
26%
•
—-W'
* '
-'
26%
■
27
26%
*34
26%
/• ' V
.
;
•
J
±2-
\
.
35%
26%
40
•
A6s
A Chilean
Cons
Munic
assented
(Hukuang Ry)
5s
A-O
27 y4
:
.
(Int reduced
to 3.5%)^
1978
J-D
*51 y2
53y2
A-O
*47%'
50
*65
67
6%
-
funding bonds of 1931 due_ -1951
Stamped pursuant to Plan A
(Int reduced to 3.375%)
External $
bonds of
1944
.1979
(Plan
B)
>'
1962
Af-N
Af-N
M-S
*34
M-S
J-D
♦26%
1960
1951
.
*34
For
'
J-D
i
.'
J-D
3%s Series No. 3
-
-.
3%s Series No. 4
-
3%s Series No. 5
J-D
i
64%
J-D
3%s Series No. 7
J-D
J-D
71
3%s Series No. 9
J-D
72
3%s Series No.
66
5
>2
59
65
26
57%
26%
35%
40
^r..
:
5
26%;
58%
66
72
2
62%
10
J-D
J-D
63%
3%s Series No.
12
J-D
63
3%s Series No. 13
J-D
:
58%
72
*
J-D
-
j'.
For footnotes see page 33.
-j
mo;;
.!#»■> ffS--
e62%
2
60 Va
*5%
30
.;;
v
6%
*
■:
SECURITIES
FIRM TRADING MARKETS
5
58%
63%
63
;
r.Ml MAMS & P.O. IMC-
63
1
FOREIGN SECURITIES SPECIALISTS
50 Broad St.,
New York 4, N. Y.
£7
63%
58
63 y2
63%
■.
""
62 Va
55y8
5
.
63
59
*62
^
63%.,
62%
63 %
..
.
••
63%
Telephone HAnover 2-0050
36%
29
35%
26%
'
71
I
■
71
72
'26%
——
-
65
4
-
*68
e70%
3%s Series No. 11
65
65 Va
66'
.
.
65
64%
^
J-D
3%s Series No. 8
3%s 8eries No. 14
65%
29
'
26%
'
65
29
37%
26%
Financial Institution$
FOREIGN
37
26
34
—
3%s 8eries No. 1
3%s Series No. 2
..
—
29
36
>
Stamped pursuant to Plan A
u
29
37%
26
5
)
267/s
♦26%
1962
7s
A-O
1960
assented
1961
36%
29 V*
35%
»_
*34
1961
assented
29
25
109
27
1
AGuaranteed sink fund 6s
36%
26%
*34
J-D
J-D
37
29
35%
-28%
{'
*•'
29 y2
35%
6
'
'■
29 Va
25%
.
'
*34
J-D
1961
1961
A63/4s assented
26
*26%
J-D
">
*26%
1963
,
1957
63/4s
fund
♦34
•'•'"-.Vv
__
*26%
1993
bonds 2-3s
Mortgage
J-J
M-S
M-S
A-O
8ep 1961
Sep 1961
assented
f $
*34
65%
57 Va
:
34
1
i
71
46 y2
3
26
2
35
55
61
49%
'
37 y2
71%
'
49%
34%
4
27%
26%
J-J
Jan 1961
assented
AChlnese
60%
70
28%
3
•
35.
26%
F-A
'
AOuaranteed sink fund 6s
54
37
26 y4
;
35 ' V;
26%
26%
F-A
6s
assented
A6s
71%
101%
102%
«.«.
;V
■i..
30
34%
A-O
72
62
Stamped pursuant to Plan A
(Int reduced to 3.375%)
(Central Ry)
107%
1963
_I
sinking fund
Sinking
A 7b
A-O
Stamped pursuant to Plan A
(Int reduced to 3.375%)
s f 6y2s of 1927-
104%
106 Va 106'/a
Jan 1961
A6yas assented
93%
60%
—
s
A Chile
92%
85%
85
J-D
1926____1 1957
AExternal
104 y4
9
-
*54
1962
assented
A 6s
93%
91%
M-S
Stamped pursuant to Plan A
(Int reduced to 3.5%)_
4 -1978
s
102%
1960
AExternal sinking fund 6s
97%
1955
external
50
102 7/a 1031/4
Feb 1961
6s
AExternal sinking fund 6s
41%
95
'
(U
AExternal
A7s
A 6s
41
10
11
1955
7s
8ABrazil
40%
1949
6s
External
101
Feb 1961
fund
assented
ARy external s f 6s
41
93'/4
F-A
A 6s
41
94
J-D
1962
40%
1017/8 102%
J-D
1966
15-year 3%s
external
f 7s
assented
AExtl sinking
37
7
94
J-D
20-year 3%s
41%
37%
40%
98%
j-j
A 6s
93%
41%
37%
-
40%
J-D
1967
Belgium
18
•
62
81
37 %
37%
40%
A-O
(Commonw'lth) 5s of '25-1955
5s
40%
A-O
series__1957
Antwerp
Australia
external
s
assented
AExternal sinking fund 6s
4s
s
103'/«
45
1942
8s
External
98% 101%
:
^
•
8 AAntioquia
(Dept) coll 7s A
8 A External s f 7s series B
SAExternal
(City)
(Rep)
6
100'/a 100 %
102'/a 102'/a
100%
J-J
1961
1954
-f"
101% ioi y4
MS
1958
1950
-
AGtd
6s
10
»/4
'
—_—1957
f 5s__.
Sinking fund gold 5s__
Sinking fund gold 6s
1-1693
Foreign Govt. & Municipal
fund
63'/4
63 V*
V{y.;'.:V :.r,
25-year 3»/4s
sink
J-D
y
t
CanadA .(Dominion
Agricultural Mtge Bank
63 '/4
63%
'
Members New York Stock Exchange
120
J-D
3%s Series No. 26
Wertheim & Co.
2-2300
*62
3%s Series No. 29—
REctor
*62
J-D
3%s Series No. 28
T ele phone
J-D
3%s Series No. 27
'
:
J-D
:
3%s Series No. 24
Foreign Securities
63%
..J-D
3%s Series No. 22
3%s Series No. 23
.
63%
Teletype NY 1-971
'
37%
5%
7%
29
29
30
(2122)
,
&
COMMERCIAL
THE
YORK
NEW
RANGE
FOR
Monday, May 16, 1949
FINANCIAL CHRONICLE
RECORD
BOND
WEEK ENDED MAY 13
Friday
Friday
Interest
BONDS
New York Stock
Exchange
Period
Last
Week's Range
or Friday's
Sale Price
A
Low
No.
High
San Paulo (State)
Oct 1961
1928
A6s of 1927
A-0
77
77
3
-\7
70
44
42 Va
47 Va
77
77
A-O
42V«
42 Vi
15
IA Colombia Mtge Bank 6%s
1947
A-O
47 Va
47 Va
2
lASinking fund 7s of 1926
5ASinking fund 7s of 1927
Copenhagen (City) 6s
25-year gold 4%s
1946
M-N
*41
41%
47
1947
F-A
*41
41 Va
47
1952
J-D
80
68%
81
1953
1951
M-N
78 Vi
1977
J-d
3s
Jan 1961
external
A Costa
Cuba
f
s
Rica
bonds
$
(Rep of)
7s
(Republic ofi
4%s extl
(State)—
Czechoslovakia
Stamped assented
gold
gold
External
El
Salvador
4s
extl
f
3'/2S extl
s
French
96
22
81%
96
F-A
89%
88 %
89%
11
74%
90 Vi
A-O
82%
82%
83%
46
64%
83%
1962
of)
J-J
J-J
extl
*40
1967
1949
7s
M-5
part
paid
1964
M-N
part
paid
1968
F-A
Helsingfors (City) ext 6%s
1960
A-O
Irish
1960
76
State
extl
f 5s
s
(Republic)
Italian
Credit Consortium
extl
Italian
Public
—
*102 Va
9'/4
8 Va
9 Va
8 Va
4
Mexican
1977
J-J
34%
34%
35 Va
37
1977
•
J-J
31%
31
32%
105
M-S
to 3%
1977
J-J
1952
*49 Va
J-J
1951
J-D
1957
A-O
Mexico
of
A
26
I6V4
1
27%
50
56
15
23%
60
11
11
1
*39'A
A-0
;
.
100
of
1922
41%
102
4%
89 Vi
1984
J-J
70
75
1952
A-O
26
34%
1953
F-A
1958
F-A
extl
readjustment
external 7s
(City)
assented
1922
—
14
INDUSTRIAL
AND
14
6
10
8%
8%
a-o
196?
3%s
M-N
5%
9%
COMPANIES
1956
M-S
1966
*49%
J-D
tz
debs
Mfg 2s
Airlines
debs
3s
57
104%
*101 %
107%
100 VA
—
101 Vi
80
77'
*._
104%
104'/a
107
107
A-O
Foreign Pow deb 5s———2030
36 Vi
—
*104
J-J
80%
98%
15
98%
99 Vi
82
82
99',4
82
10
75
82%
92
M-S
86
86
87%
27
84
F-A
84%
94
94%
"3
92
A-0
95%
96
50
94 %
96%
90%
2i
88 Va
92
101 Vi 101%
395
101 Va
Telephone & Telegraph Co—
debentures.
1980
95 Va
deductions
———1975
debentures
1986
J-J
conv
1961
J-D
debentures
1982
A-O
94
93%
84
12
92
debentures—
1987
J-D
96
96
96
19
94
97 Vi
1957
J-D
103%
103
103%
5o7
103
110%
1973
J-D
104%
104 Va 104%
103
103 VA
105%
638
debentures
conv
debentures
conv
agree—1945
_'
.—
...
debs
w
-1959
"9%
J-J
11
"9
"l
"9%.
11%
8%
•
—
J-D
107
lC3'i 103%
31
103 Va
103%
103% 104
30
102%
104 Vi
1st gold 4s
July 1995
Q-J
79%
81%
Products Co 5s
1966
A-O
1995
A-0
125%
125 Vi 126
73
M-N
114 Va
114 Va 115
10
—
6
V
7
4s
-..July 1 1995
.4.
Charlotte
&
Air
Line
mortgage 3%s
*79 Va
--
__
92
86
86 Va
■
Coast
1st
unified
122%
109
115%
103'% 103 %
3
103%
104 Vi
102% 103 Va
31
101%
105 Va
38
97%
10.%
88
47 Va
1963
M-N
4s.__.July 1952
M-S
A
J-D
98 %
97 %
99
J-J
55%
54 %
56
3D %
40VV
23
37
cons
4%s
Danville
1964
Ry
126%
Ry—
-
1st 4s._1948
mortgage 4s.._
1948
1966
2%s debs
J-J
j-j
*99% 100%
57 Vi
44 Va
99%
101 Vi
5%
B
•
1945
107%
Topeka & Santa Fe—
Atlantic Refining
6%
"5%
4%
103%
107
107 >4
103%
SASecond
4'/4
*4Vi
J-J
94%
103%
§ A Atlantic &
to
J-D
103%
A-0
General
11
101%
A-O
Atlantic
11
%
1962
Atlanta
11
9%
.,
95
80 VA
—1969
debentures
1st
to
debentures
Stamped
15% * 15%
Q-J
1954
ass'td (1942 agree)_19G8
——
General 4s
*9
(assented
*78%
A-O
3s
...
(1942 agree)— 1953
(assented
1952
7s
Southern
Great
Amer Tobacco Co deb 3s
"E
...
to
"agreement)
J-J
Baltimore & Ohio RR—
ass'td
(1942 agree)—1963
J-J
*7%
ASmall
1913
K~';'K
"
6%
~7%
7 Vi
§ ATreasury 6s of
1922
81'/a
Atchison
:
to
5
2%s
ASmall
A4s New
87%
2%s
__
*9
1910
67 %
Ann Arbor
„
new
F-A
2%s
Q-J
agreement)-
A4s
1978
2%s
,
1945
Large
ASmall
1922
•88
3%s
*5
A
-
87
79
A P W
Large
ASmall
§ A4s
83
2
2%s
37 Vi
40%
*4%
J-J
1968
due
1904
81
11
American
11V4
7
101 :iA 101%
M-N
agree)_«1968
Large
of
127
88
2%s
agree__1943
A
A4s
85
85
38
Amer
37
97
50
54'A
32%
86 Vi
83'A
83
Allis-Chalrners
40%
31'A
■'
130
130
133
—
Power 1st mtge 3%s___.1972
& Susquehanna RR 4%s„1975
Alleghany <fc Western 1st gtd 4s_.1998
39%
37
54 VA
50
92
J-D
Alabama
-1943
...
ass'td
83
•'
1978
3%s
1922
1899
New
83 Vi
M-N
1937)
Alabama
A Small
A5s
M-N
($
AAdriatlc Electric Co
18
31 Vi
J-D
1950
(1942
f A5s Assented
of
90 Va
10%
(Republic of)—
§A5s
bond
11
*121
readjustment
—1979
conversion.-—^—,1979
15%
6
...
*130
M-N
RAILROAD
101%
16%
-
13
-
2%s
1954
5 Vis
assented
A Small
M-N
1964
a4 %8
Irrigation—
ANew
-
—I960
American
7s
SA4%s assented to
A4%s small
•
6s
6s
AWarsaw
65
53
100 Vi
4
101 Vi 101 Vi
20
91%
*126
F-A
fund
fund
-12%
5Vi
72
'
65
62
63
9
9%
91'A
11 Va
5%
20%'
sink
AVenetian Provinces 7s.
102 Va
6
37
10%
9Vi
14
101%
-v
9%
9
...
11
5%
3%s
52 Va
11%
16
20
J-J
extl 7s
58
.33
4-4%-4%s extl readjustment
61%
46
__
9%
9%
J-D
1957
1946
10
9%
59
62%
3%-4%-4,ft68 extl conv
Metropolitan Water Sewerage &
-
M-N
10%
J-D
1958
57%
'
•f*k'
J.
48k.-
■j
sink
External
Utility—
Board
1962
1958
sec
3%-4-4 %s
for
Altaly (Kingdom of) 7s
A Jugoslavia (State Mtge Bk) 7s
AMedellln (Colombia) 6'/2s
Drainage
extl
B
Albany
l-3s
to 3%
Ciedit Institute 1 %
External
f
s
9%
AExternal
56
49%
1947
Public Works 1%
§A7s series B
M-N
AExternal
77
75
57%
_
M-N
Free
Italian
..
1
.
Government—
A6s
;
0
J-J
A7s
A
58%
*
./-J
7s___
1962
(Prov of)
assented
External
Jan 1, 1976
S
Republic
Greek
63
94%
*50
Jan 1, 1970
-Jan 1, 1976
(Republic
series
A4 Vis
—
$
s
52
96
66 t
55
*""57%
A-0
2012
(Kingdom)—
Slovenes
external-
County Council 3%s
SAUruguay (Republic) extl 8s
A-0
i
,
'
'60
secured
ASilesia
110 '/«
J-J
,
58
57
57
J-J
A7s
15%
Vi
va
J-J
1968
A8s
1942
4%s
f
f
extl
12
104
2.25%)——2GG4
8ydney
1955
$
3s
AEstonia
9
45
-Av'u'
*60%
(
High
t
S
Stamped pursuant to Plan A
(Int reduced to 2%)
79
63%
16
15%
107%
15 Va
107
V\'v—
M-S
1956
to
reduced
extl
Serbs Croats
1960
5%s
(Republic of)
s
78 «2
78 Va
M-N
39
Jan. 1
Low
(continued)—
dollar loan
(Int
A6s
(int reduced
to 6%)
extended to.
SADenmark 20-year extl 6s
External
807'«
-19 Vi
High
Stamped pursuant to Plan A
78 Va
35%
J-J
1970
,
Range Since
Sold
No.
1
loan
extl water
jj>7s
78%
70
Bonds
Bid A Asked
High
(Republic of)—
6s of
Week's Range
or Friday's
Last
Sale Price
Low
Low
Colombia
Period
Exchange
New York Stock
Jan. 1
Sold
Interest
BONDS
Range Since
Bonds
Bid & Asked
6 Va
10
1st
8 Vi
8
1st
agreement)
—1933
-■
ASmall
J-J
-v.
9V4
—
.
Ref
9%
B
ser
(4%
A-0
contingent int)__July 1975
gen mtge 5%
(2 % lixed
&
3%
83
83 %
43
80%
83
88
83
88 %
13
84%
95%
63 Va
fixed
1%
and
.
5%.
mtge
and
(ass'td
July 1975
mtge 4s ser A
A-0
contingent interest).—
--
AGs
.
New
ass'td
(1942 agree)— 1963
J-J
*7%
ASmall
AMilan
(City of)
Mlnas Oeraes
6%s
—1952
f 6 Vis
s
1958
Stamped pursuant to Plan
ASec
reduced
external
to
f
s
sink
fund
sink fund
3Vis
s
48%
11'rH
26%
54
38
2
extl
f external
Af-S
2.125%)—2008
to
*31
M-S
*
__
;
>
26 Vi
.1959
.M-S
2008
M-S
V
30
Vt
30
1'
93
M-S
99
97%
99
7
88
96'/4
97
10
83 Va
97
80'/a
96
80
F-A
A-O
*92
1970
J-D
*92
1955
A-0
95'A
95 Vi
95%
37
93 Vi
•
95
94%
l,—.-
9
83
94
81 Va
95
due Dec 1 1995
income^..
Feb 1 2010
series
4s
1st
*
1st mtge
fxd & 1%%
5%
ser
AStamped assented 5s
Stamp mod 3'As ext to
1963
lien
Con
&
M
ref
4s
J-J
J-D
1967
M-S
SAPernambuco
(State of)
reduced
*31
to
M-S
*24%
26 Vi
M-S
20%
20 Vi
f
A4Vis assented
I AStablllzation loan
I960
J-D
2d ser
1961
A-0
1940
1958
s
f
APorto Alegre (City
7s
Bell
sec
2001
reduced
Rio Grande do Sul
#A8s extl loan of
A6s
12 Vi
12 Vi
J-D
fund
(Int
reduced
external
-
1
reduced
to
~5%
12%
19
6%
14
39
r"%
A-0
Bush
Bush
24%' 29%
to
A-O
A
*39Vi
45
—
(Int
redr.ced
Paulo
to
(State)
J-D
J-D
33%
__
-
33'A
33%
13
(Int
reduced
M-N
-—i..-..j
!■„
15
98%
98%
95
95
100
120
121%
94%
102%
25
1
83
*101 Va
—
*83%
__
90
96%
104
97%
97%
101-
83
99 Va
99
101%
87
-
101 Va
101
•
79
19
50 Vi
78'/a
19
19 Va
48%
J-J
;
3
99
101%
83
83
A-O
.
8
99
99
101
101 Vi
M-N
.
1960
1st
4%s
M-N
49 Va
48 %
—
—
83%
—
59 Vi
35'/a
35 Va
103 Va
104%
100%
102
4
99%
54 Vi
55
y
101%
90 Vi
96%
2
98%
99%
46
96 Vi
99Va
97%
10
101 Va
96Vi
J-J
M-N
2
104
101
M-S
.
—
*101 Va
F-A
M-N
1957
4s
1955
J-J
1960
gtd
Bldgs 5s
55
101% 101%
A-O
...1952
5s
Power
1st 3s
93
A-O
1976
Calif Oregon Power 3%s_-
National
Guaranteed
38
Guaranteed
gold
24 Vi
28%
gold
gold
54 Vi
61%
92%
3
100%
10
93
91 Va
102
99
——
105
102% 102%
-i
102
99 Va 100 Vi
24
9 7'/a
114% 114
6
115%*
A-0
105% 106 Vi
6
113%
105%
f-a
107 % 107%
5
107 Va
108%
j-d
113% 113%
1
112%
113%
112 V»
113%
*105 Vi
—
m-n
'A-O
1962
105%
100 Vi
99 Va
101Vi
*100
j-d
-
:___1974 '
A
25
26Vi
27
Guaranteed
gold
-Canadian
*28
J-D
*28
A-O
30
27
28 Vi
j-j
-...1957
27%
28
25%
54%
53
48%
3
44
44
2
2012
M-N
—Oct 1969
53
4%s:
1955
4%s—1.2-'—-'- 1956
4%s.._——1951
114%r
&
44 Vi
J-J
1999
J-J
*57
J-J
*60
iaan
T_ T
1
64
112% 112%
10
105%
105 % 105%
5
105 %
106%
j-j
m-s
98
99
132
93%
101 Vi
108
98
108
4
107%
108%
102 V8
103%
16
102%
103 Va
100
101%
101'/a
101%
Adirondack Ry—
59%
59%
j-d
1981
mtge gtd 4s
"
44
§ACent Branch U P 1st gold 4s
54
Central
33%
44 Vi
66
41
57%
66
66
F-A
*101
j-d
*75
:ri
*ici%
62
.....
•
1948
'
—__.1995
Jan 12020
Jan 1 2020
tACentral of N J gen gold 5s
5s
registered
AGeneral 4s
A 4s
102%
F-A
■
77%
of
Georgia Ry—
1st mtge 4s ser A
Gen mtge 4%s ser A
Gen mtge 4%s ser B._
Central Illinois Light 3%s
A
A-0
1965
1960
(1947 issue)__^_^____1960
34%
55'A
44 Vi
*60
112'/a
:m-s
•
Celanese Corp 3S deos..^.—...
-Celotex Corp 3%s debs.l—I
debs
107%-^
r f-a
deb stock (perpetual)
Carolina Clinchfield & Ohio 4s_.__1965
1st
104%
:
46
,..1938
/
conv
3 Vis
M-N
M-N
5s
5s__.—.1970
Pacifier Ry—
Carthage
48%
M-N
100%
102%
Ry—.
4%sv
'
gold
gold
4%
Stamped pursuant to Plan A
/»„j.
Terminal
Guaranteed
*32
J-D
1957
A8s external
i-
Terminal
33%
•
2001
2.3%
M-S
..
At..—July 1970
Co 7s
modified
35
*35
1950
to
(Ernesto)
29
Stamped pursuant to Plan A
.
12
95%
95%
M-N
J-J
1967
JJ,
RR
ser
Guaranteed
1952
2%)
8s___,
J-J
L
v
45*
Stamped pursuant to Plan A
|ASan
4%'s
Guaranteed
A-0
2004
f
120% 121%
*103% 104
~
2012
2.375%)
s
series
4s series
California Elec
1926._._,_1966
2.25%)
86 Va
100
38 Vi
27
4
32
*25%
120%
M-N
1961
*35
F-A
88
*100
F-A
1955
4%s
Consolidated
33%
88
85'/a
Buffalo Rochester & Pgh Ry—
29%.
27
3
104
29
28
83
F-A
27%
36%
78
76
87
A-O
27%
28
74%
70%
,—1954
ABieda
30
36 %
64
83
5s series AC.
5s series II
Stamped
F-A
13
Bristol-Myers Co 3s Debs
1968
Bklyn Union El 1st gold 5s
.1950
Bklyn Union Gas 4s debentures—1969
Gen mtge 2%sJ
;
1976
Buffalo Niagara El 1st mtge 2%s__1975
31
%,A-0
64%
*75 %
*31
*27
1968
(City) 8s
Stamped pursuant to Plan A
(Int reduced
40
64
64
-
*24%
1999
Paulo
A6Vis extl secured
mtge
J-J
2001
7s 1967 stmp pursuant to Plan A
(Int reduced to 2.25%)
2004
(City of) 6 Vis
1952
.
15
9%
12 Vi
*33
A-0
A Rome
ASao
.
mtge
Canadian
to 2%)
loan of
mtge
1st
J-J
1946
1946
gold..
Stamped pursuant to Plan
(Int
14'A
35
Stamped pursuant to Plan A
A7s
mtge
1st
Canada Southern cons gtd 5s
(State of)—.
1921__
sink
6%
2012
reduced to 2.5%)
external
13%
85%
A-O
1970
__.__1976
1979
mtge 3s ser K
Boston & Maine RR—
AInc mtge
*13
Stamped pursuant to Plan A
(Int
J...
1st
1953'
2%)
I
ser
21 V'B
to Plan A
to
ser
2%s
21%
A
2006
2%s
mtge
17'A
A
6%s
Stamped pursuant
(Int
•
mtge
Cons
17'A
9%
77%
J-J
1964
Cons
62
8
19
87
3%s—1951
Cons
61
•
79
Steel Corp—
20%
*15
J-J
1961
21
52%
78%
1951
1st
f debentures
s
20 V2
*12
J-J
1963
30%
17%
73
43%
j-J
Telephone of Pa 5s series C..1960
20 Vi
*12
-A-O
1950
25%
15
61%
177
1951
Extension
20 Vi
20%
A-O
1968
7Vis 1966 strap pursuant to Plan
(Int reduced to 2.25%)
lARio de Janeiro (City of) 8s
Stamped pursuant to Plan A
(lot reduced to 2.375%)
AExternal
20%
A-O
1947
of) 8s
Stamped pursuant to Plan
(Int reduced to 2.375%)
40
33
44%
r-:<
stamped
Creek
1st
A-0
A4Vis assented
AExternal sink fund gold 8s_.
A4%s assented
f
t
1959
6s
6s
SAPoland (Rep of) gold
—
88
103
35
M-S
:
HO
82
103
.
A
(Rep of) external 7s
ANat loan extl s f 6s 1st ser
s
—-.
1947
to Plan
APeru
ANat loan extl
89
97
*88
2.125%)„_2008
Stamped pursuant
(Int
7s
*101
*102%
62%
43%
j-j
D—„-1985
ser
4s
ref
4s
Beech
Bethlehem
Af-N
1994
Ext 6ec ref 3Vis series B
(31%
43 Va
A
cont int)..1980
Bangor & Aroostook RR—
3%s
(Republic) —
62%
M-N
1980
A
Beneficial Indus Loan 2%s debs—1961
Panama
03
May
(3% %
93%
1963
1957
Municipal Bank extl s f 5s
Oslo (City) sink fund
4Vis
62%
54'/a
Toledo Cincinnati division
99
A-O
54 Vi
11
J-D
J
conv
Ref
96
1965
loan
94%
1956
4'As
94%
54 %
23
55
54 %
S'western div
94%
21
55 %
54 %
M-S
Pgh Lake Erie & West Va—
Plan A
M-N
55'/a
54 %
M-S
due Mar 1 1996
Series
38
1957
% 54'%
54%
.due Mar 1 2000
M
Ref & gen mtge 6% <2%% fixed
and 3% '/o contingent interest) —
30
37
25%
*26 Vi
•
J-D
K
Series
38
25%
*31%
due Dec 1 1995
G
Series
A4%s
6Vis„
Stamped pursuant
4s
48%
.11%
8%
15
A
(Ipt reduced to 2.125%)
Netherlands (Kingdom) 3%
Norway (Kingdom of) 4Vis
External
A-0
10%
(State) —
ASec external
(Int
lOVa
10%
Series
registered
._._1966
1987
—...1987
;—1987
1987
j-j
May
*58%
45%
55
q-j
55 %
q-j
45
*108%
A-0
j-j
j-j
58%
58%
May
52
*51%
58%
50
67%
65
5.9 %
59
*' 46 %
72
108
—
52
42
•
108
-
55%
80
49%
78%
55%
194
49%
73
48
70
50%
.51
*32%
—
45
Number 4803
Volume 169
THE
COMMERCIAL ,&
FINANCIAL
CHRONICLE
(2123)
31
NEW YORK BOND RECORD
RANGE
,
,
:
j
.
.
York
New
Central Pacific
&
1st
:
•
Central
Period
:v
.
Ref &
gold 4 Vis
1992
j—
Ref &
1996'
1996
.1973
Impt M 3 Vis series D
impt M 37aS series E_
Ref &
..
imp M 3%s series H
R
A
&
2d
1st
Div
consol
gold
10052
Low
102%
10
M-N
100 Vi
100
—
',:a.
\
>'■
C
•
1st
&
1st
&
ref
1st
&
ref mtge
4Vis
ref
series
Gen
1st
inc
mtge
mtge 3%s
J-J
100%
101%
El
1st 5s
1965
:
1965
,
,
101
14
122%
128
44
.197
Ed El HI
Paso
1127a
105
;.
97:;,.
100%
1041/4
105%
118
120%
7
.
Gen
110%
110%
3
109%
1007a
_A__
106
108
A-O
A-O
*
10574.
106%
1037a
5
*10578 1077a
•
Jan 2015
:
1964
1990
2000
1953
1971
inc 472s ser: A
E
iptge
1st cons mtge 37»s ser
-
1st
mtge -378s ser F_-__
cons
1st
cons
3%s ser Q
mtge
63
82
*80
84
25
63
957a
997a
6
80
8974
80
877a
99
99
99%
A-O
J-J
J-J
M-S
M-S
.
64
82
6374
J-J
-
72
111
6
&r Southwestern
stamped
Erie Railroad Co-^-
101
37
v
100%
110% 110%
111%
F-A
F-A
F-A
97 Vi
97'/a
97%
2
94%
J-J
37 V2
37'%
37%
26
36'%
46%
1985'
M-N
74 %
75
1982
1988
M-N
1st con3 mtge 2s' ser H
Ohio Div 1st mtge 3%a
V
.
*99
__
*100
98"%
1997
ill
111
:
*100% 100%
98 Vi
101
RR—
5s
B
*75
80%
65
65
80%
15
75%
87
66%
5
62%
77%
54
54
1
54
fFloricla East
A 1st
1961 *
472s
Certificates' of
Francisco
J-D
M-S
1974
"
1956
103
59 74
58%
1047a
1017a
*102 74 103
103
547a
37
6574
557a
M-S
M-N
deposit
Sugar coll trust 6s
12
1037a 10374
M-N
1959
debs
3s
1st
59
1027a
104
100
*104
100
51
84%
A
Rub
&
Coast
ref 5s series A
&
65%
41%
84%
Tire
Firestone
120%
118
80'%
J-J
mtge 4,/2S__ri„_Jan 1 2038
76
'120
J-J
•
inc
112
2
*1047a
101%
High
*14574
M-S
1977
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series A
AGen
Jan. 1
Low
1127a 1127a
M-N
-
197a-
1970
conv
ser
1958
1st 5s
1995
1985
£.
'
27/as
Chicago & Eastern 111
a
B
mtge 3 Vis
East Tenn Va &r Ga Div
(NY) 1st cons gold 5s
Elgin Joliet & Eastern Ry 374S_
*112
J-J
Range Since
Sold
No.
High
105%
*119% 127
j-J
.1958
___.
Bonds
101 Vi
Chicago Burlington & Qulncy RR—'
General 4s
Range
Friday's
Bid & Asked
101 Vi
105% 105%
J-J
or
Sale Price
Period
99%
,<•100
'"J-D
Week's
Last
\ Interest,
103 Vi
127% 127%
F-A
•'
Low
5s
127 7a
v"
■
105
*101
M-S
'<';'
103%
10052
»
.
'
High
~
l
100%
BOND S";
New York Stock Exchange
"
.
13
Jan. 1
*1017a 102%
*104
J-J
1989
4s—,
No.
High
10052
F-A
gold 4s____1989
cons
MAY
Range Since
Sold
102% 102%
J'
••'7''.
1974
F-A
^
ser
ENDED
Friday
Bonds
Friday's
Low
F-A
B____„_
1968
Champion Paper & Fibre deb 3s___1965
Chesapeake & Ohio Ry—' V'V/'A .>
General
or
Bid & Asked ;
V
gtd gold 4s_1949
1st ref
3%s
mtge
)
•
Last
Sale Price
A-O
to Aug 1 1949)
-
'J, "As
3s___—1974
Power
ref series A
{V/4%
1st
-Interest
t
New York :Stock Exchange
.
WEEK
Week's Range
Friday
BONDS
.
FOR
Chicago Ind & Louisville Ry—
A
1st
mtge 4s inc ser A
A 2d
Chic
J-J
& Southern 4s
a
41%
J-J
1994
J-J
99%
mtge 4Vis inc ser A__Jan 1 2019
Apr
54
53 y«
54 Vi
35
53
65
Apr
45%
45
45%
57
44%
54
St Paul
Pac
&
Vis
inc
conv
B
ser
;.>~5
RR—
mtge 4s ser A
Gen
4
J-J
Jan 2003"
1956
Milw
1st
Jan 1983
mtge 4 Vis inc ser A
Chicago Indiana
__Jan 1 2044
99Vi 100
84%
94%
99%
103%
Chicago & North Western Ry—
2nd
mtge conv
inc 4Vis___Jan 1 1999
*
Apr
1st mtge 3s ser B
__1989
Chicago Rbck Island & Pacific R'y—
1st
A4s conv
Goodrich
5s
J-J
106%
Apr
1951
Gold 3Vis
53 Vi
51%
>90%
94
86%
*.
General
597s
51%
95
...
32
106% 107
91
91
J-D
*103
1951
J-D
<
J-D
91%
106
98%
102
74%
74%
5
74%
69%
69%
3
69
72%
1st mtge 3 Vis
series
1st
ser
mtge 27/aS
Chic
&
West'n
1st &
ref
Indiana
4Vis
1963
4s
J-J
105
102%
1952
102%
102% 102%
M-S
104
A-O
101
100 Vi 101
1969
1st
mtge 23/is
1974
J-D
1961
J-D
1993
J-D
&
General
gold
4s
General
5s
St
Louis
100
'
F-A
111
*101% 102
__
25
111
10274
1067s
1
71
B___'
■
92
71
23/4S- ser
P—
1982
27ss
Bay
ser
ct-fs
B
8674
Mobile
&
Gen
1st
Ohio
&
ref
Series
4s
trust"33As
3s
Util
2074
J-D
104 74
10574
AAdj
1950
F-A
gtd 4Vis
1961
A-O
1973
A-O
1st mtge 4Vis
1977
*101%
A-O
1972
A-O
Terminals
series C
1980
105
105
105'/«
102
1017/a 102
45%
437a
A-O
1971
*9974
M-S
1973
Columbus
& Toledo
Sou
Commonwealth
1st mtge 3s
A-O
3 Vis
1970
M-S
extl 4s
Ohio
1955
F-A
El
1st
Edison
N
1978
105
Sf.
of
New
*104
F-A
1965
*10272
*106 7a
.7
A-O
B
1977
ref
mtge 23/4s ser C
1972
*._
—
J-D
1st &
ref
3s
1972
M-N
1979
J-J
1963
J-D
ser
2%s
1st & ref mtge
ser
D
:
3s ser E
Natural
Gas
23/is
1st mtge
Baking
Crucible
Steel
§ A Cuba
Northern
1st
27/as
M-8
98
--'
1968
Ry
1st
5s
;::7j
debs
3 Vis.
1965
1966
5074
—7,:;
—
12
Telep 23/4S series A.__1981
9674
97%
12174
12574
2
987a
9£>
96
917a
27
1017a 101 iS
15
1017a
597a
607*
35
597a
6774
20
22
74
20
25%
98%
98%
12
90
103
gold
4s
gold
372s
—
10174
10372
10372
1057a
106
gold
3s
Collateral
107 7»
104
10474
'
106 72
101
7.
.
104 7a
106
--
--
102
7.
V-'
'•
r:
•"
,
J-J
1946
J-D
§A6s series B deposit receipts
1946
; .7,. '
W—
5s
J-D
107 7a
101 3/4
:'7:5 2
96
■"'"v,**'"
*80
93 74*
;
10
82
36
1st
&
1st
ref
Illinois
Div
1951
81%
*102 7a
*100
gold
1st
1st gold 4s
101%
L
St
101 3/4
*
1007a
*102
F-A
1951
1057a
1077a
797a
883/a
1037a
1037a
1007a
100 5/a
1017a
10274
1007a
100 3/4
1007a
1007a
1017a
102
1017a
1017a
—
1047a
>-Z~
■
1
■
■
*99% 1007s
J-J
372s_—1951
103
16
*100
J-J
■
1053/4
101 5/8
1003/4
29
82
1037a
1007a
5
1017a 1017a
——
F-A
1951
F-A
ref
ref
—
10174
1
__
1027a
103
5
1013/4
1013/4
997a
10374
10174 10174
N O—
&
111
&
A
1963
J-D
947a
94
94 V2
40
923/4
C
1963
J-D
8874
873/4
887<
37
86
1963
S3 7a
83 %
8474
3
817a
95
97
6
95
100 3/4
*100
101
100
1003/4
A
1970
1st gold 4s
1950
J-D
J-J
J-J
1986
J-D
Ry
Iowa
&
Indianapolis
Ref
series
series
5s
4 72s
mtge 4s ser D—
Terminal
Indiana
4s
Union Ry
ser
ser C_i
Great Northern
1st
A
Adjustment 6s
6s
series
A 1st
5s
A 1st
gold
5s
*89
10074
J-J
C
1944
1972
-
93
59
7274
24
24%
51
217a
26
647a
62%
64'/a
5
537a
64 7a
65'/a
63
65%
A-O
1956
§AInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B
72%
247a
J-J
1956
69
j-j
series A___July 1952
B
7274
A-O
1952
series
87
RR—
A
series
933/a
Co—
Imp 272s
^International
3074
35
3s
1951
Chic
and
1st
35
3274
35
...
gold
372s
A
2572
16
34 %
Joint
•
80
33
2874
1st
J-D
J-J
9
18
105% 106 74
817a
;
103
*
52
3174
—
957a
47
79
33%
*34
1017a
99
V.CV"
50
1017a
1950
Registered
1027a
100 7a
7 16
10274
105%
——
——
101
F-A
103
1017a
—-
1013A
4
104'/a 1047a
102
.1966
•
103
;V.
70
101
M-V
M-N
J-J
111 Cent
104
10174
—
10274 102%
J-J
1953
1955
Western Lines
1027a
102
*34
v
102 74
10574
*35
J-J
100
99%
102%
—
104 78
1952
•
1017a
1007a
101
3%s__-
■
Div
*
*
A-O
M-N
gold 4s
474s
Springfield
103%
246
*48
28 7a
J-J
1027a
7oV-:-■
1017a 1017a
33%
J-D
§ A Deposit receipts _»
§A7Vis series A deposit rets
22
*94
7;"
9872
:
—:
-
1952
1955
St Louis Div & Term gold 3s
9672
14
10172 10172
J-J
1952
100
1951
gold 4s__
Louisville Div & Term gold 372s_1953
Omaha Div 1st gold 3s
1951
9872
947a
97
*102% 103
*__
101%
96
10
1067a 106%
1067a
J-D
gold
9872
A-O
M-S
Bridge gold 4s
Gold
97
*10374 1037a
103
J-J
1951
lines
Litchfield
1047a
1037a
104%
Cairo
1057a
104
1951
trust
Refunding
9
1951
•
4s
Purchased
Collateral
—
J-J
:
gold
trust
Refunding
—-J
■
J-D
372s
sterling
_•
1st
J-J
1978
RR—
1st
Extended
;
series B
Central
1st
/
1st
10572
10374 103 74
M-N
1942
*96 74
100
M-S
5 A Deposit receipts
RR
'
A-O
1975
1st 5 Vis
3s
mtge
98
1982
A
debentures
Consumers Power
A Cuba
41%
Bell
1st mtge 3s
Illinois
York—
1st &
Continental
1007a
10472 104%
10472
A-O
23/is
series
1st 5s A
income 5s
Illinois
>105
J-J
1st &
Consolidated
1037a
67
*10678 10774
'.
J-D
1951
1961
ref mtge
ref mtge
conv
4572
;7 710374 103 72
—
F-A
1977
Ry & L 1st & ref 4 Vis
Conn River Pwr s f 3%s A
Consolidated Cigar Corp 3 Vis
3s
10672
1017a
22
Co—
Conn
Edison
gold 5s
Manhattan
&
Debenture
series L
1st mtge 3s series
f 5s
s
1
2
96%
108
104
7:77497:'
Corp—
!
&
1st
977a
977a
1013/4
97
10574
1067a
System, Inc—
Columbus
1st &
106
M-N
-1964
Electric
debentures
Consolidated
*97 Vi 102
■
Corp—
debentures
Gas
Coal
Corp
__
Ry—
1st mtge & coll tr 4s
3 7«s
Finance
Co—
(stamped modified)
Columbia
1017a
RR—
1st mtge 5Vis series A___
1st mtge 5s series B
j.
&
1037a
101
90
A-O
1982
Gas
977a
103
r.OftW '
—
1027a
96 7a
Feb 1957
1st mortgage 3s
Cleveland & Pittsburgh
3 Vis
957a
12574 12574
5972
Hudson
Columbia
*102
F-A
10672
Iron
*1037a
1957
10472
&
A-O
M-N
31
Fuel
61
"
...
J-J
J-D
J-J
4Vis
74
99
53
*97 7a 10174
1949
1970
Co.orado
*98
M-N
1962
Cleveland Electric Ilium 3s
Southern
J-J
series A
Hudson
Hudson Co Gas 1st
&
66%
.
23
1976
J-J
J-J
62%
Colorado
55
1017a
97
3
1968
—
1970
87 72
Union
_
1999
81%
Cleveland
987s
957a
2
54 7a
54%
Apr
23As
57
Series D 3Vis gtd
Cleve Short Line 1st
.Jan 2044
677a
987s
/I
A-O
Household
9
»
687a
5672
•
1969
Hocking Valley Ry 1st 472s
7:7
j:
1074
103*4
H
82
*10474 1057a
7074
1007a
■
67%
J-J
-
MS
59%
*
*993A 102
7874
967a
8
7
Hackensack Water 1st mtge 27as__1976
82
10572 105%
V
2
197R
58%
4s
874
1969
82
1st 4s
trust
8
10172 10174
J-J
1975
3s
5974
Div
coll
1st
2
*64
A-O
July 2.015
_
debentures
M-N
Mich
&
Div
_
27as
M
1st
J-J
Wab
75
943A
2
7
r,..:
95
95
Feb
'
States
1990
—
•
Louis
90
623A
77%' 77%
J-J
1959
■r,
Collateral
Gulf
J-J
Feb
inc 4s ser B
1991
Cin
St
V
Ww
W
•
•
*
B
Gen mtge
58%
v
97
94
86 7t
9
-
inc 5s ser A
ref 374^'seris D_:_
58%
34
937a
927a
94
'
A-—t
;—
RR—
mtge
&
587a
'•
/••fir-.H
2010
v
.——1961
West deb ctfs
&
J-D
u;.
Q
R_V
2 743- ser
mtge
J-J
i'L
93%
93%
•
1993"
impt 4 Vis series. E
118 74
*88 74 *9074
mtge
1977
Ref &
1237a
116
J-J
2(100
83%
71
2
1107a
120
5
95
79
,
$
81%
1087a
9
11874 11874
*923/4
O
—
-
1027a
99
V-t
817a
-
6
122 % 123
118 74
J-J
ser
1st
'
HI
•
*94
—
r
J-J
*
3Vas
ADebentures
101
Ry—
;
series
16
108% 1087a
123
J-J
6
J-J
mtge
_
Greyhound Corp 3s debs_L___.
106%
10274
F-A
1966
G
City Ice & Fuel 23/4s debs
City Investing Co 4s debs
Chic
103
1007a
1990
N
Gen
104%
7
997a
-
ser
1st mortgage
mtge gtd 3%s series E
Cin
10272
13
20
J-J
3 7as
^AGreen
1067a
103
J-J
1st
Cleve
10372
1017a
103% 104
1978
& Elec 1st mtge 23/4S
mortgage 27/as__
Cincinnati Union
Terminal—
1st
J-J
1975
D
Cine Gas
ser
1
4
105
101% 102%
1962
conv
series
J-J
1963'
87
1007a
100 Vi
1007a
*
<
F
82
3
1976
—
mtge
Gulf
G
1952
..1973
_
Gen
*'
77
J-J
1994
Chicago Union Station—'
D
83
k
—
series
Gen-mtge
101 %
J-J
"
;
57as
47as
>_
83
83
M-N
mtge 274S-1965
Gen
.
1037a
103
1st
Co
Ry Co—
series B
Gen
107
90%
80
104
*101%
2%-4Vis
F)
*993A
__
M-S
1969
_
General 5s series C
91
*101
Memphis Div 1st gold 4s^
__1951
Chic Terre Haute & S'eastern Ry—
1st & ref M 23/4-4V4S_
1994
Income
debs_
inc
(B
General
AGen mtge conv 4Vis ser A_Jan 2019
Chicago St L & New Orleans
51 Vi
J-J
I^_1994
mtge 4s series A
General
Great Northern
;
J-D
1949
of Berg Co cons 5s
Realty & Utilities Corp—
Gas & Elec
-
113
707a
695/a
70%
M-N
__
*97
42
83
'
99%
__
53 7a
65%
677s
70 7a
98
993/4
D
Dayton Pr & Lt
1st
mortgage
1st mtge
Dayton
Deere
1st mtge 23/4S_"
3s
v
Y
Lack
Lack
*lst
&
ref
&
Coll
M
5s
1st
Denver
-'
& Rio
1st mtge
1%
AIncome
Light
tr
3s
Income
1027a
ser
mtge
93
91
M-N
•
81
81
81
8772
Kanawha & Mich
'M-N
>54
55%
55 Vi
687/a
Kansas
r
5974
M-N
59 7a
6072
*-_
1993
-
A
•
J-J
90 Vi
90
Apr
6074
60
90%
12
87
9172
60%
18
597a
657/a
-
■
81%
*108
M-S
82
1047a
99 74
41
98 7a
6872
28
6672
77
98
98%
2
967a
98%
1077a 108 %
42
1057»
747a
*69
71
M-N
''
'
.
"
108%
10074
M-S
tSSADul So Shore & Atl gold 5s
1937
1977
F-A
99
10
10074
10174
12
101
10174
11
A-OA-O
Southern Ry 1st 3s._1950
1975
mtge 4s ser A
378S series B_.
1968
1974
1987
Kentucky
Kentucky & Indiana Term 472s
1961
-
-
1961
-
•
•'
1961
1997
-
Koppers Co
1964
-
1959
.
JAKreuger
1st
&
mtge
Toll
5s
3s-,:
ctfs
103
101
10374
1057»
10474
9974
1047a
*9774 100%
99 3A
10074
11472
114 72
*11472
—
*__
65
*98
100
98
10072
108
J-J
*97 7a
J-J
A-O
102
1%
1%
108
II
'
*170%
A-O
.Jl-fl
96
''
10434 1057a
*104
J-J
1961
96
101
101
104%
J-D
-A-O
J-J
.J-J
.
Plain
unguaranteed
90
101
*102
■
"
——
10274
3
1017a
103
la/4
30
5/a
2
15
10774
115
ii
987a
.
99 72
t
497a
10072 100%.
7374
71
647a
8972
98%
49 7a
987a
66
"
99% 100%
*88 7a
J-J
Dnquesne Lieht
33.
City
1978
10974
*69
J-D
•r •'
J-J
page
City Power & Light 274s..1976
9974
J-D
1961
63
9872
1057a
J-D
.
110
22
M-S
.1976
Co 23As
108
104 74 104 72
J-D
•
82
777a
21
103%
.1982
I
debs
footnotes see
68
Jl-S
A-O
J-D
J-D
gold 4s__1990
Kings County El L & P 6s
J-J
1961
For
1st
472s
fixed
series
i
,>
Stamped
—
(3%
Kansas
^
1st gtd
mortgage 27%s
1st mtge
(472%
2018
2.35s
104 3/4
fixed
1995
Chemical
1976
Terminal Ry 23/4S
Central gold 4s
1995
Dow
J-D
1st 4s__1959
Lt 27/aS
Kansas City
.1958
2%s
69%
597a
103
107 Vi
1970
ref
16
*10372 104
A-O
J-D
1993
&
&
967a
1973
.1966
Gen
& Clear
Pow
102 74
101%2
West RR—
Lake
Central
9274
1977
37as
(3%
A
Salt
Jersey
K
May 1 2042
&
mtge
M-N
Jamestown Frankl
1st
contingent int)
&
1963
1993
contingent int)
Denver
*103 7a
1973
-
Grande
ser
A-O
103 72
I"
division
coll
&
*100
1007»
Co—
C
ser
4-6s__
Power
mtge
J-D
10372
div
due
Essex
Tr
Delaware
RR
Western
AIncome ritge
Morris
West
&
&
1965
987a
103 74
J-D
1965
B
ser
Delaware & Hudson 4s extended
N
99 72 100
J-J
1978
A
Ry 3 7»s
Co 2%s debs
Delaware
99%
A-O
1978
3s series
Union
&
1975
..
88 r
2
-
■
97 72
1053/4
-
89
99 7a
9
.
,
.
.
46
497a
6
100
101%
Laclede Gas Light 472s conv debs—1963
Lakefront
1st
Dock
&
RR
37aS registered
If-8
11274 113
Terminal—
37/«s ser A
Lake Sh & Mich Sou gold 3%a
mtge s f
1988
1997
--1997
J-D
J-D
J-D
—
*817a
85
81
96 Va
*73
77
747a
907a
32
COMMERCIAL
THE
(2124)
&'FINANCIAL
CHRONICLE
Monday, May 16, 1949
NEW YORK BOND RECORD
RANGE
Friday
or
Sale Price
Period
A 1st
Nitrate
mtge
ENDED
Bonds
13
High
New York Stock Exchange
Jan. 1
Low
No.
DM
93
93Vi
89%
N
93%
Lehigh Coal 6c Navigation Co—
8 F mtge 3%s ser A
1970
92 Vi
A-O
92%
92%
1
91%
99%
99%
1
99%
Sale Price
High
97
Y
N
8
Last
Period
Y
1993
1977
1963
gtd 4s
1st cons
State Elec & Gas 2%s
Steam Corp
1st 3%s
IN Y Susquehanna 6c Western tva.—
S A 1st refunding 5s
1937
.
Lehigh Valley Coal Co—
High
55%
A-O
*95%
j-3
Bonds
Range Since
Sold
Bid & Asked
Low
N Y 6c Putnam
1975
reg
Week's Range
or Friday's
Interest
BONDS
Range Since
Sold
Ltd—
Co
income
MAY
Friday
Friday's
Bid & Asked
Low
Lautaro
WEEK
Week's Range
Last
Interest
BONDS
New York Stock Exchange
FOR
Jan. 1
Low
No.
3
'-m
55%
55
96
'
—
mm
High
63 %
97%
18%
74%
39%
35
12
44%
18%
106%
16
106% 107%
44
j-3
"9
35
106%
3-j
17%
22
107%
46%
■
5s
stamped
stamped
-r—1954
1954
f-a
gold
4 Vis
5s
F-a
*85
90
90
96%
5 A General
gold
58
stamped
1974
F-A
*„
88%
88%
93
SATerminal
70%
Lehigh Vai Harbor Term gtd 5s
1954
Lehigh Valley Ry qo NY 4%s ext.1950
Lehigh Valley RR—
4s
stamped modified
registered
gold 5s
Telephone 2%s ser D
64%
27
57
65
66
4
60
72%
,
467
31%
41%
Niagara
30
40
Norfolk Southern Ry
N
Y
Ref mtge 3 Vis ser E
3s series F
Falls Power 3Vis
Ref mtge
Jf-N
34
34
36
-2003
Jf-N
34
34
35%
-2003
Jf-N
-2003
Jf-N
-2003
Jf-N
41
A-O
68%
38
a Gen
Little
Miami gen 4s series A
Lombard Electric 7s series A
Louis
Div
Atl Knox
2d
A-O
81
2014
103
32
42%
77
35
49%
Norfolk 6c Western Ry 1st gold 4s_1996
Northern Central gen 6c ref 5s
1974
69%
6
74
Northern
32%
46%
64%
mtge
107
107
r-A
*107
1963
1
*103
108%
103
26%
—
5s
conv
inc
*103% 104
M -8
1979
108 %
Ref 6c
.
104 &
Ref &
107%
91%
3s
1980
76%
75
1
15
76 %
»II
1997
Q-J
Q-F
Q-A
61
59 %
61
58
58
1
2047
3-j
79%
79
79%
11
87
87%
.V 9
86%
86%
States
(Minn)
2047
1st
Power
3-j
1975
99%
3-j
2047
4Vis
us
mtge 2%s
1974
87
86%
83%
1st
mtge 2%s
1975
1st
mtge 3s
1978
3-j
93
1
92%
93%
108
1
107%
109 %
(Wise)
1st mtge 2%s_
1911
1972
Maine Central RR 4%s ser A
1st mtge 6c con 4s ser B
Manati Sugar 4s sink
RR
Mead
Corp 1st mtge 3s
i960
Metropolitan Edison 1st mtge 2%s_1974
Michigan Bell Telephone Co—
3%s
debentures
87
86%
series
100
16
98%
97
97
M-N
105%
10G%
98%
99%
99% 100
*101%
*99%
Jf-N
*—
j-3
1st
mtge 2%s
1st mtge 3%s
IIA Midland of N J 1st ext 5s
Minnesota Mining 6c Mfg 2%s
1959
*106
106%
—
,,
A2en mtge 4s inc
ser A
Missouri-Kansas-Texas
Prior
lien
40-year
Prior
5s
4s
series
lien
A Cum
series
4%s
A-O
^i.8t & ref
*
A
6c
ret
1st 6c
55%
101%
a-o
103%
98%
98%
82%
82%
j-d
j-d
24
45
53%
71%
45
63
js
A-O
79%
j-d
102% 103
L
series
1974
j-d
102%
1979
j-d
102%
1977
j-d
1981
j-d
1980
j-d
1982
j-d
series N_
ref 2%s
series P
1st & ref 2%s series Q
ref
&
1st
74%
79
80%
21
79
Pacific
68%
7
64
65%
63%
65%
13
61%
70%
68%
68
68%
34
66%
M
Tel
3 Vss
Tel
&
R
ser
2%s
debs
1985
106%
104 %
103%
102% 103%
u
101%
102% 102%
23
101%
103%
8
101%
103%
103
97%
83%
1975
MS
45%
1977
MS
86
1978
M-N
85%
83%
1949
MS
25%
24%
1980
I
85%
A-O
85%
83%
85%
1981
97
103
97%
US
1966
92
75%
94%
3-d
1978
MS'
45%
283
37%
86
318
75%
41
75%
25%
228
21%
27%
75%
85%
75%
86
57
F-A
86
•
•
•
62%
83%
86
*58
-
175
59
104
;
74,
104
1
103%
101
53%
53%
1959
M-N
76
76
77
41
76
M-N
71%
71%
72%
27
71%
1986
Jf-N
1979
debentures.
A-O
*93
4
93%
53%
91
'103% 104%
100%
Gtd 4s
U-S
1955
f gold 4%s
series E trust ctfs
3-j
1952
18
103
105 %
14
105
102% 103
*104%
A-O
100%
103
104%
104%
96%
98%
58
74
55%
69%
102% 103
56%
2
102%
104%
103
103%
56%
Jf-N
1960
J-D
1975
A-O
101
100% 101
1965
a-o
102%
1960
r-A
114%
1965
j-d
99%
1968
1st mtge 3s
3s
debentures
f
s
Cons
j-d
103%
*103
--
sinking fund 4%l
General
4%s
5s
General
58%
4
Grn
93%
Gen
%s
B
series D
4%s
deb
1981
series K
99%
101%
102% 102%
4
100%
102%
113% 114%
16
113%
99%
197
98%
39
103%
A-O
92%
99
103% 104
91%
1984
3 Vis
A-O
1985
series F
j-j
1952
3%s
mtge
103%
series A
series
mtge
Conv
30
RR—
General
75%
54%
s
income debentures—1960
conv
Pennsylvania
81%
1955
101% 101%
\
103
95%
Pennsylvania Power 6c Light Co—
102%
M-N
3-d
1983
1st
Pennsylvania Glass Sand 3%s
/
104%
6
1958
100%
Pennsylvania Co—
85%
2000
Constr M 4Vis series B
Mountain States Tel 6c
Tel 2%s
A3%s
86
85%
93%
5
93
Pennsylvania-Central Airlines—
46%
83%
6c 111
100%
104%
6
102% 102%
105
98
98%
—
*97
105
103%
103%
94%
a-o
a-o
Paducan
95
*99% 100
1987
85%
43%
16
*104% 105 %
1986
.«
F-A
1991
85%
1
106
debentures
*V
F-A
98%
105
102%
debentures
80%
1965
98%
102%
V 3%s debentures
3%s debentures
69%.
'
103%
2
3 Vas
85%
67%
i'V'**.
95
103%
*103% 104
1971
1st 8c ref 3s
87
45
70%
'
96
2
106% 106%
1966
1970
1st &
82%
js
100%
16
103% 104
1st & ref 3s series K
1st 8c ref 3s series M__
62
102%
45
js
Jan 1967
gold 5s series H
ref 5s series
A—1960
1st & ref 3s
103%
71%
1
16%
j-d
2
1st 8c ref 3%s series X
/
Co—
Morrell
(John) 6c Co 3s debs
Morris & Essex 1st
gtd 3Vis
Constr M 58 series A
Vis
1
45
1978
D
series
Moh'k 6c Malone
1st gtd gold 4s
Monongahela Ry 3 Vis series B
3
102%
•»'
....
j-3
1952
General 4s
1st 6c ref 58 series F
AUt 6c ref 5s series G
AConv gold 5Vis ser A
1st
—
55%
11
5
98%
1st & ref 3s series J
100
j-d
j-3
1952
B
A
A
55%
98%
122
12
98%
2%s
58 8erles A
A
*103
ser
98%
F-a
11
102% 103%
Pacific Gas 6c Electric Co—
81
107 %
100
*101% 102
Oregon-Washington RR 3s
a-o
1978
3%s
us
1975
6c Electric 2%s
mortgage
j-3
1974
102
105%
27
Gas
11%
1948
1973
2%s
100
66
100
MS
1st
4s
1st mtge 3s
mtge
Oklahoma
RR—
A
RR
*-_
A-O
1990
adjust 5s series A
{Missouri Pacific
MS
1967
Jan 1991
Mo Kansas & Texas 1st 4s
107%
,
105%
101%
—
3
107
1950
Paul 6c Sault Ste Maria—
1st mtge 4%s inc ser A
Jan 1971
~
73
MS
1940
St
101%
72%
1st
98%
100
guaranteed
Ohio Edison
102%
103%
5
__
99%
100
„
O
103
100%
95
103%
Telephone—
debentures
§ Alst
91%
100%
'
50
105% 105%
1979
C
A-O
1952
4%s
97
-
„
If-6
Michigan Cons Gas 1st mtge 3 Mis_ 1969
Minn
98%
102 % 102%
igHfl
1st gold 3%s
lmpt
98%
102%
85%
95
100%
{Ogdensburg 6c Lake Champlaln Ry—
95
68%
*100%
j-d
11
90%
1951
Michigan Central—
Jack Lans 6c Sag 3%s
Ref &
90
3-3
Jf-N
92
94%
*__
90
Jf-N
100% 101%
71%
68%
14
70
*92
M-N
'
—
69%
3-d
fund__Feb 11957
(Southern Lines) 4s
1959
May Dept Stores 2%s debs
1972
Manila
*100%
3-d
1964
88
j*
If-lf
1960
64%
61%
78%
M
Macy (R H) 6c Co 2%s debs
101%
58 %
58
M-S
1979
Bell
106%
62
A-O
1979
mortgage 3s_.
3 Vis
105
99%
98
100% 101 Vi
*98%
A-O
99%
Northwestern
43
—
101
F-a
79%
98
1st
—
99% 100 %
98%
Co—
91%
94
128%
112%
105
52
58
_Jan 1 2047
1
98%
108%
2047
3s
5
83%
*80
85
128
112
Q-J
93
Jf-N
103%
109
us
108
Jf-S
1955
101 %
108Vi
128% 128%
*
a-o
99,
91%
Div 4s
lien
trust
Northern
A-O
2
8
103
1974
impt 4%s series A
impt 5s series C.
impt 5s series D
Ref 8c
Coll
A-O
105 %
1997
4s
registered
102%
*107% 107%
4%s series A
registered
3s
Jf-S
A-O
98%
103 %
Pacific Railway-
General
50%
106%
!';
a-o
4s
ret
lien
107
107%
1966
Prior
123%
103
107
120
125
1951
2003
97%
2
us
*43%
2003
103
75
26
98
108% 108%
a-o
23
68%
107
98
1047/s 104%
US
43%
*123
A-O
H
ser
gold
6c Cine
„
3-j
1981
1966
37
u-rt
2003
St
*
73
■
Co—
38%
j-d
1st 6c ret M 2%s series O
3%s
3-j
36%
1952
1st 6c ref mtge 3s
Louisville 6c Nashville RR—
1st 6c ref M 3%s series F
M
*69%
F-A
41
1962
Lorillard (P) Co deb 5s
3s debentures
Louisville Oas 6c Elec 3%s„
ref
18%
Jf-N
35
36%
Gen 6c
6i
F-A
r-A
'
modified
Lehigh Valley Terminal Ry ext 5s_195l
Lexington & Eastern Ry 1st 5s
1965
Liggett & Myers Tobacco 5s
1951
1st
1st
63%
6s
A
1937
1940
1943
1982
1978
5s
F-A
4Vis stamped modified
4%s registered
stamped
5 A 2d
J-J
2003
4s
101%
j-3
*__
91%
91
100%
100
116
106%
110
92%
72
91
101 %
92
43
91
101 Vi
69
99%
102
82%
87
106%
111
100%
84
—
Peoples Gas Light 6c Coke Co—
N
v
Chattanooga 6c St Louis
1st mtge 3s ser B
1955
National Dairy
Products 2%s debs.1970
Js debentures
1970
Steel Corp 1st
mtge~3s
1965
National Supply 2%s debs
1967
Naugautuck RR 1st gold 4s
-.1954
lVa£
gtd
TC1 & Tel 58 A
series B
1st
3s
New Orleans &
Northeastern
A
5s
A
A
1988
A
5Vis
105
104%
*99% 100 %
Jf-N
4s
100
'■
7
'
'
106
106
103%
100
105%
js
1953
js
12%
1974
F-A
*103%
:_1980
Jf-fl
98%
F-A
B
101%
10
*98
103%
103%
98
'
--
—
100% 100%
13
tr
—
92%
—
93
16
105
8c
ref
2%s
1971
j-d
&
ref
2%s__.
1967
M-N
1st
&
ref
2%s.
1974
M-N
1st &
ref
2%s_
1981
1st 8c
ref
2%s
'
103%
91%
1954
A-O
95
—
94%
95
93%
99%
101%
100%
102 %
1
99%
100%
j-d
100% 100%
'33
99
100%
1978
F-a
101% 101%
7
t§APhilippine Ry
1937
J -J
Phillips Petroleum 2%s debs
1964
T-a
102%
100 %
1996
3-d
98%
Pgh Cine Chic & St Louia Ry—
Cons gtd 4s series F
1953
3-d
*102% 108
*105%
\
.*
90%
95
87%
92
4i
3
Certificates
1st
of
s
f 4s
10
deposit
10
92%
97%
93
95
1
8%
15
101%
*8
8%
102% 102%
98%
98%
Cons gtd 4s series G
Cons gtd 4s series H_
Cons gtd 4%s series I
102%
1957
Jf-N
1Q«0
F-a
*103%
r-A
*107%
1984
Jf-N
98%
*110%.:—,,
—
107
102%
—
gtd 4%s series J
97
10
103
—
1963
10
10%
102%
108
103%
„
103%
111
113%
110
'
114%
Pgh Cine Chic & St Louis RR—
Gen
Central RR Co—
series A
101%
104
95 y8
93%
110
106%
6
mtge
series A.
1970
Gen
—
116%
109
20
mtge
5s series B_
—1975
A-O
Gen
__
16
98%
100 % 100%
Cons
deposit
96
61%
104%
104 Vi
101% 101%
101 Va
deposit
A
104%
10
101% 102
100%
105%
"7
:'•*
11%
20
106
103%
93
92
90%
__
5
109% 109%
106
1st
1
92
—
*
51%
114
109%
J-j
1st
90
_
F-A
'
*116
3-j
1961
106
89%
__
F-A
15
98%
-1977
4 Vis
117%
Ry—
A-O
■
13%
Pittsburg Bessemer 6c L Erie 2%s
*103% 105%
—
9
54
Philadelphia Electric Co—
coll
101%
A
.1956
series
117
.
•
*53
Apr
Wash RR Co-
100
*80
js
&
5s
Philadelphia Co
99%
103% 103%
109% 110
A-O
General gold 4%s series C
102
10
F-A
i<»8a
General
;
3
.
106
MS
1952
Phila Bait
100%
2
,lrf
3-d
1974
4s
Peoria & Pekin Union Ry 5%s
Pere Marquette Ry 3%s ser D
105
104
1963
1960
Apr 1990
Eastern 4s ext_
102
117% 117%
.
100%
V- 98%
*100% 101%
js
1955
of
8c
mtge
3%s
.1975
A-O
5s
series K_
—1996
F-A
impt 4Vis series A
2013
impt 5s series C
2013
* Y Central 6c Hudson River RR—
54%
64
51%
61%
A-O
57
57
58%
Pittsb Coke & Chem 1st mtge 3%s_1964
208
54 Vi
66%
A-O
64
64%
100
60%
73
1997
js
71%
70%
71%
57
68%
81%
1997
js
68
68
68
4
64%
75
1998
F-A
55
55
1st mtge 4%s series A
__
1
52%
61
1998
F-A
*51
54
1st mtge 4%s series B—
51%
56%
50%
60%
100 % 100%
J-D
101
83%
5
100%
107
100% 102%
32
100%
108
83%
5
83
1*
99%
83
89
Pittsburgh Consolidation Coal—
63%
Ref
6c
Ref
•>
1
;
*102
■
Cons
•
89%
99%
deposit—
of
Certificates
New York
V
RrH.
D
series
1
105
104
J-D
1974
deposit
of
84%
1986
C
series
Certificates
A 1st
A
series
4 Vis
89
A-O
A-O
1954
of
Certificates
1st
J-D
—
Jf-N
series B
Certificates
58
100% 100%
1961
Ref 6c Imp 4 Vis series A
New Orleans Term 1st
gtd 4s
{New Orleans Texas
6c Mexico
A 1st
*85%
1952
5s A
A 1st
F-A
J-D
I~1982
Bell Telephone 3%s
N J Junction RR
gtd 1st 4o
New Jersey Power &
Light 3s
New Orleans Great Nor
debentures.
conv
A Income
J-D
4Vis
debentures
New Jersey
3s
Peoria
Nashville
6c
°®?eral mtge
3Vis
3 Vis
registered
J?, Shore coll
gold 3 Vis
3Vis registered
Mich Cent coll
gold 3 Vis
3 Vis registered
New York
i5Lmtge 38
ser
1960
1986
2%s
ser
B
Mtge 4s series
Lack
A-O
6c
series
t
53%
22
53%
49%
94%
90
100
86%
8
99%
js
2043
series
Jf-N
2043
js
1973
Jf-N
A
B
1973
River
6c
Port
90%
-
.
„
*95
,
'
'
4s
1954
4s
1955
N Y Power &
Light 1st mtge 2%s—1975
For loot notes see
page 33.
6
100%
103
101% 102%
6
101%
103
1958
3-d
*81
-:'s~
81%
1959
A-O
81
81%
_9
81
92
A-O
80%
81
19
80%
92
5s series B
1962
F-a
5s series C
4%s series D_
1974
Potomac
,
95%
69
69%
1st
Elec
11
100
Providence
95
—
100
Public
67%
72%
3s
76%
76%
76%
6
76%
81
1st &
ref mtge
1st
&
js
ref
60%
60
60%
122
60
69%
1st
6c
38%
38%
39%
159
37%
48%
1st
Jf-N
M-S
J-D
MS
—
—
8
3%
—
102
102%
6
8
8%
53
4
10
3 %
1
98%
100
Gas
&
ref
mtge
3Vis
mtge
8s
3s
1956
*102% 103%
MS
M-N
99%
106% 106%
*__
108
99%
109
100%
106
106%
106%
106-%
102
102%
99 %
99%
99%
102% 103 %
101%
103%
Co—
102 %
1968
3-j
2037
3-j
2037
j-d
*218
1972
Jf-N
*104%
1964
l-J
*108 Vi
—
147% 147%
220
__
107%
108%
146 %
148
215
215
104
104%
5
100
&
mtge 3s
ref
j-j
1963
Elec
99%
*106% 107
3-j
r-A
1983
Terminal 4s
Service
108
j-3
1977
debentures
Jf-N
May
.1964
1st mtge 3%s__ 1966
Pwr
mortgage 3%s
mortgage 3s
100
.
92%
3-d
gen
Pittston Co 5%s inc debs.
91%
83
j-d
1977
1st
,1st
'
101%
102% 102%
3-j
1st gen
92%
101.
_
Chester—
♦AN Y Ont & West ref 4s—June 1992
A General
.
91
100%
102%
101
A-O
1965
1st gen
99%
*
debentures
101
M-N
1st mtge 4%s series C
1960
Pitts Youngstown 6c Ashtabula Ry—
98%
29
3%s
Pittsburgh Steel 1st mtge 4%s
1958
Pittsburgh & West Virginia Ry—
58
6
—
98
*92
A-O
2000
B
West 4s
97%
F-A
Haven 6c Hartford RR—
1st 6c ref mtge 4s ser A
2007
A Gen
mtge conv inc 4 Vis ser A-2022
1st
*49%
1975
N Y New
Harlem
52%
—
—
1951
1st gold 4s
Harlem gold 3Vis—
Mtge 4s series A
Y
j-d
8er '
Connecting RR
N Y Dock
4Vis
F-A
K
N Y
N
F-A
1999
53%
.
Chicago 6c St Louis—
Ref mtge 3 Vis
N Y
ZZIl996
53%
3%
100
102
7%
103%
11 Vi
Quaker
Oats
2%s
deb.
101
101
101%
100% 102
COMMERCIAL
THE
Number 4803
Volume .169
&
FINANCIAL
CHRONICLE
(2125)
35
NEW YORK BOND RECORD
RANGE
Friday
BONDS
Interest
Exchange
Last
Period
>
New York Stock
FOR
WEEK
ENDED
MAY
13
Friday
Week's Range
Sale Price
Bonds
Friday's
or
-
Bid & Asked
Low
Jan. 1
Low
No.
High
I
Range Since
Sold
:V
BONDS
.
Interest
"
Y;.,
Period
Rochester
Gen
Elec
&
Gas
Low
Gen
<jui
-
1977
1967
1967
stamped
MS
J-J
1941
_
MS
1969
;
nampcu
RR 4%a
ISARutland
17
86
»103%
93%
102%
1st
J-J
125
MS
Oil
2%s
MS
105%
8%
8%
11
10
106%
8%
8%
St
1st
1996
St Louis-San Francisco Ry
mtge 4s series A
A 2nd mtge inc 4 Vis ser A
Louis-Southwestern
1st
4s
76
*—
*__
101
Jan 2022
85%
85
52 «/8
52 Vi
M-N
53 %
107
1
J-J
91
91
91
S
102
102
102
J-D
*__
-1967
Scioto V & N E
1989
M-N
1996
J-J
ctfs
A Gen
1st gtd 4s
mtge 4 Vis series A
(Jos E)
Union
Shell
debentures
Oil
'X
J-J
Jan 2016
& Sons 2Vis
2 Vis debs
62%
V-
J-J
1979
96%
53%
1985
95%
95%
96
75%
80
105
106
106
99%
M-S
*103'%
A-O
•
106
106
2
J-J
1958
A-O
85
10
—
:Y,*T
1995
M-N
99 7%
1973
A-O
85
100%
103%
110
107%
104
104
103%
*—
•
98%
102%
99%
108% 103Va
2003
1st
85
~2
V
'
85
20
99 7% 100
-
*105%
98
.
100
96
105%
103'%
?
„
__
Indiana
Ry
RR
86
85%
88
Devel
".72'%
77%
94%
101 %
85%
95%
85
100
1996
1961
J-J
1994
J-J
6
West
1956
93'/a
44
2
100'/a
A-O
103% 104
104
25-year
17
103%
110
104
3 08
102%
104
98
2%s
1996
J-J
108
__1951
J-J
"102% 104
Memphis Div 1st gold 5s
St Louis Div
1st
gold 4s
1
debentures
A-O
M-N
1983
96 5i
'105%
ASpokane Internat 1st gold 4Vis__2013
1966
F-A
Sunray Oil Corp 2Vis debs
1966
1972
J-J
Standard Oil
(N J)
2Vis
2%s debs
deb 2%s
debs
debentures
95%
22
42%
35
102%
103%
95%
23
94%
96%
97
98
97%
98%
101%
101%
98
M-N
__1973
95%
44
53%
11
52'A
115
99 Va
1017%
99'%
100'%
52
99 7%
997%
100'A
10
100
100
101
67
.100
100
100
100%
54
100
83'%
89
80'%
86%
100% 100%
14
100%
99%
15
'
101%
99%
100%
126
100
101%
1002?
101 U
2yaS
M-S
J-J
99%
100
100%
1958
Winston-Salem
^Wisconsin
3s
mortgage
S
1960
of
ACertificates of
1st
8
99 V%
11
96'%
2
102'%
104
112'/a
113
J-J
deposit—;
Electric
deposit-
76%
46%
77%
46%
72
141
44
.
99
2%s
M-S
*101
3'As
1971
J-J
*105'%
Elec Lt & Power 2%s
1976
J-J
Service
Public
49'%
46%
95%
*93%-—
1979
mtge 27/aS__
74%
41%
J-D
Power
78
41'%
x_
1976
Wisconsin
99%
74%
77
M-N
§ ASu & Du div & term 1st 4s___1936
Wisconsin
98%
99%
Ry—
4s
A Certificates
97%
101%
104%
—
105% t
Terminal RR Assn of St Louis—
Ref
;
&
Ref
imp M 4s series C
&
imp
Texas
Corp
Texas
&
27/8s
series
Orleans
&
ref
M
3Vis
series
1st
&
ref
M
3%s
series C
Texas
Pacific
&
Gen
Texas
RR of New
Ave Ry
AAdj
B
A-O
101%
101%
55
105'%
11
96%
20
95%
90%
18
90
95%
95%
>
1990
A-O
5s
2000
J-D
1985
J-J
98%
3%s__1974
J-D
101%
gold
Pacific-Missouri
Term
Third
997/a
101
105
series E
1st
& ref M 3Vis
116%
105
A-O
M-N
1970
115%
—
105
106
Yonkers
RR—
1st
/■■■•
1985
1965
D
deb
3s
New
'116%
J-J
2019
90
*126% 137
99
97%
118%
10
101% 101%
2
127
101%
97%
100%
98%
99
J-J
income 5s
Jan 1960
Tol & Ohio Cent ref & impt 3%s__1960
Tri-Continental Corp 27/es debs
1961
53%
52%
54'%
26%
25%
26%
impaired
.
by
maturity.
■
being in bankruptcy, receivership, or reorganized
Bankruptcy Act, or securities assumed by
98%
102
99%
100 %
ABonds
and asked prices;
*Friday's bid
99%
*99
as
45%
the
98%
/uY Y
MS
tCompanies reported
71%
21%
114
J-D
102
50
67
A-O
1960
not
sale
Deferred
§Negotiability
Pacific—
Orleans
1st ref 4s
94
94
delivery sale not included in the year's range,
d Ex-Interest, e Odd-lot sale
included in the year's range
n Under-the-rule sale not Included in the year's range.
rCash
not Included in the year's range,
y Ex-coupon.
a
selling
no
such companies.
-
under Section 77 of
y:
.
;
:
sales being transacted during current week.
flat.
NEW YORK CURB EXCHANGE
In
footnote
a
in
and
the
deferred
week in
delivery
which
sales
are
disregarded in the
week's range unless they
No account is taken of such
they occur.
RECORD
YEARLY
AND
WEEKLY
NOTICE—Cash
are
the only transactions of the week, and when selling outside the regular
weekly range are shown
computing the range for the year.
sales in
following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, May 7
ending the current Friday, May 13. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock
bond, in which any dealings have occurred during the current year.
In the
and
or
RANGE
Last
New York Curb Exchange
.v
ACF-Brill
Motors
Acme
Aluminum
Acme
Wire
Adam
Hat
Co
warrants
Alloys
—...
Agnew
Ainsworth
Air
Inc
Associates
(N
Electric
Great
Southern
Alabama
Power
4.20%
Airlines
Alles
&
Allied
Allied
Fisher
Appliance
pfd
Altes Brewing Co..
:
Low
2'%
22%
100
Jan
American Fork
&
Hoe
Jan
American
&
Electric
400
8%
Feb
6%
600
6'%
300
84%
6
10
94%
94%
5%
—
__
—
6%
>
Bros
Aluminum
$3.75
Co
Aluminum
of
Goods
Industries
Ltd
common
95%
Apr
American
Light
Feb
5
Mar
3%
Apr
American
Car Co
Beverage
Book
class A.
common
Co
For footnotes see page 37.
1
Mar
2,700
400
93%
23%
23%
400
6%
300
23% May
5% Feb
45 3i
3,100
5%
46% May
44%
American
■v
.
r.
Mar
98% Mar
26%
Jan
6%
Jan
51%
Jan
American
Class
Metal
Potash
B
63
63
40
Chem
1%
Jan
American
l'/a
Jan
Anchor Post Products
Feb-
66
Jan
class A
6%
18%
600
17 Va
37%
Jan
WHtinur Paper
Feb
18%
Feb
Jan
9,900
100
10c
1
1
>w
111
v :•
~2%
1,500
2 Va
29%
50
27%
Feb
32%
Jan
'
——
22%
24%
..
2%
Jan
6,900 "
14%
500
4%
18,200
25 V4
Feb
Jan
25 %
Apr
31
Mar
Mar
7
14
Mar
:»
15'/a Mar
5% Jan
3%
Feb
8
2
Feb
10 %
Jan
41
Jan
37
37
100
34
Feb
•
24
24
.50
23 Va
Jan
23%
23 Va
24
1,200
22%
Jan
22
21%
22
3,400
25'/a
7/a
10
2
10c
*
-,B
common——B
2
Angerman Co Inc common
J
Jan
Apr
17%
31
3V'a
Jan
Apr
Apr
13%
12% Mar
•
14%
•
31%
34%
.!
22
200
22%
23%
24
45% May
113% May
Jan
~2'/a
29%
25
*
:
Republics
American Seal-Kap common
Amer Superpower Corp common
$6
series
preferred
American Thread 5% preferred
Jan
61
6%
17%
*
American
Apr
,6%
Mar
43% x45'/a
25
25
Co
&
6
18
—1
Products common
Meter
n
2,800
'
100
43%
20
Co
1 Va
Vi
Vi
I
Co
Mach
Maracaibo
American
54
Jan
Apr
Jan
6% May
9% Jan
17'%
iV
Feb
97%
1
*
10
Trac common_-»-_25
&
American
Feb
50 %
45
Hard
preferred
Mfg Co common
Apr
Jan
96%
'
6%
6
49'%
—
Rubber
Laundry
Jan
97%
*
$2.50
American
50
•
common
American Bantam
_•
.100
•
Mfg..
Aluminum
American
common
preferred
preferred
convertible preferred
American
6
__
America
Aluminum
American
*
common
cumulative
General Corp common
Jan
5%
com—
preferred
Mar
15% Mar
'
2,100
common
convertible
7
'
Aitofer
Apr
$2
92'/a
2%
2,900
—
6%
American
Feb
3%
—•
6
4%%
Jan
91
'
6%
Jan
7%
Apr
5%
—
5
l7/a
10'% Mar
High
Light—
B
Gas
/Y
Low
High
•
5% Mar
3%
5'%
Class
83
i
25
5'%
American
Range Since January 1
Shares
•
Jan
300
1
1
Jan
1%
84%
&
Power
3%
9%
6%
,
Cities
4%
Jan
for Week
Range
of Prices
Low
:/'v'Par
32 %
7%
-
New York Curb Exchange
•'
l'/a
1%
6
vi
2
Apr
21% Mar
1,100
200
4
i
High
Sales
Week's
Last
Sale Price
% May
800
~9%
.100
1
Investing Corp
(Mich) common..
Products
3
1
common
Range Since January
Shares
3% May
1% Mar
1
13
Friday
•
Ills
50
Inc
Internat
2
3Va
1
J)
Air-Way
Alabama
Alaska
22 %
1
Supply Mfg
Surpass Shoe Stores
Mfg common
Aero
22%
1
Inc..
1
V'8
MAY
STOCKS—
High
%
—10
common
Stores
of Prices
Low
ENDED
for Week
Range
Sale Price
Par
WEEK
Sales
Week's
Friday
STOCKS—
FOR
■
99%
97
98%
103'% 103'%
J-J
—
4s
1st
101%
*97'A
99%
J-J
1949
B
Central
§ A 1st general
M-N
102
99
*100%
A-O
series D
1st
-
80%
80%
J-D
Co
62
100
M-S
J-J
&
100
100
M-N
M-S
J-J
J-J
1970
1967
Wilson
42%
42%
102%
56
1992
mtge 3'As
63%
55
53%
1949
1st
109%
55'%
53%
Gen & ref M 2%s series A
105%
107%
107%
;
M-S
A-O
May
Wheeling Steel 3'As series C
102% 102%
J-J
Swift
103%
106%
99%
M-S
1950
1951
.—I960
1951
debentures
conv
8
105
54
Wheeling & Lake Erie RR 4s
98%
96
*101% 102
M-N
1971
11
97
Apr
Standard Oil of Calif
97
Mfg
106%
10
107% 108%
1973
5s
&
55
51
105
99%
107% 107%
r
92
106%
2
J-J
IP7!
4%s
estate
debentures
2.65s
'
Southwestern Bell Tel 2%s debs___1985
gold
87%
104'%
5
J-D
.
8
Co—
5s
Westinghouse El
107
»
89
Telegraph
100%
51%
105
2361 V
2361
1952
98%
101%
F-A
1966
guaranteed
4s
real
&
30-year
116 '/a
90
89
1st
Union
Funding
95%
111%
15
Western
84%
100% 101
A-O
1956
93%
111% 112%
A-O
1956
*93 %
112%
Shore
99%
15
106
51
F-A
-
76%
96'%
1
90%
•
105
J-D
Western Maryland 1st mtge 4s
Western Pacific 4'%s inc A
Jan 2014
87%
79%
80%
88
•
70'A
6
38
1967
I
3%s series
Registered
101
84
80%
80%
90%
83
U
■
100% 100%
105
A-O
gtd gold 3%s„2000
3%s
mtge
West Penn Power
92%
100
*87%
J-J
81%
50
100%
J-D
6Vis series A
& gen
81%
J-J
6s series A
gen
82%,
.—1970
Washington Terminal 2%s ser A—1970
Westchester Ltg 5s stpd gtd
1950
Gen
.
96%
M-N
Co—
(subordinated)
1st ref
RR
71
100%
M-N
80'A
10
80'A
70'A
96%
debentures 3%s_lS76
80'A
71
■
81
M-N
M-N
98%
3
72%
96
Warren
97
87
72%
94%
Y;
debs
1991
1971
G & W 2%s debs_1966
conv
Baking
5%s
103 %
94'%
97
95'%
'..
1986
mtge 2Vis series E
1st mtge 2%s series F
1st mtge 2 Vis series G
Southern Ry 1st cons gold 5s__
Devel & gen 4s series A
&
Walworth Co
Co—
1st
Devel
123'%
series B
80'A
Apr
Apr
Apr
Jan 1981
inc series A
mtge inc 4'As series B__Jan
1st mtge 3%s
Walker (Hiram)
96%
100'%
V:;.
*98%
J-J
1st mtg 3%s ser A.1975
Pacific
Gen
101%
123
16
96%
96%
X
•
—-
M-S
1981
San Fr Term
96%
1969
4Vis
Gen mtge 4s
97%
95
—
1977
-
Wabash RR Co—
54
100
^_...
—
1994
2%s
Southern Pacific Co—
1st 4 Vis (Oregon Lines) A
-'•Gold 4Vis
W
69%
96
25
.
26
102% 102%
J-J
2Vis
94%
96
12
79
*__"
—
102%
96
13
96%
*123'%
F-A
1987
Co
77%
93 7%
100%
93'%
128
62%
13
.
*101'% 101%
Y-Y.'
J-J
debentures
debentures
&
103
99%
*95% 100%
78
1978
Ward
2Vis
3 Vis
101
92
94%/
.*931/4
M-S
102%
95%
59
t/t
96%
A-O
1963
.u.-—--
96
53
J-D
2%s
Southern
8
15
93
.1963
'
.
debentures
63
96%
F-A
South & Nor Ala RR gtd 5s
Southern Bell Tel & Tel Co-—
62%
21
iU'
A-O
Gold
92'%
F-A
106%
100
99%
100%
,
*100% 101%
._1975
103%
100%
100% 101
*95%
I/.
J-D
1966
1971
Southern
101 Va 102
92'%
M-N
91
106%
*127
15
Virginia Electric & Power Co-
109%
101
—
104%
V
61%
127
*102%
A-O
t§ASilesian-Amer Corp coll tr 7s__1941
Skelly Oil 2%s debs
1965
Socony-Vacuum Oil 2Vis
1976
3s
M-a
103%
Line RR Co—
1st mtge 4s series A
Seagram
A-O
103%
20
.1955
88%
85%
108
Seaboard Air
M-N
3%s debs— —1959
100%
100 7%
_1957
51%
12
7
—1976
debs
2%s
Rubber
;
86
105
3
J-J
bond
A-O
100
83
36
108'/a 108%
May
1989
85
Nov 1989
inc
4s
109%
100
L5
100% 100%
1017/a
M-a
—1966
76
79
99%
Gen & ref gold 5s series A
1990
St Paul & Duluth 1st cons gold 4s_1968
St Paul Union Dept 3VaS B
1971
2d
F-A
—1991
1
series C
100%
70
77
*100
—1976
109
;103
RR—
Ry—'
certificates
bond
J-J
97%
—
100%
Co—
1st
St
J-J
1997
Rocky Mt & P 5s stamped
A-O
1955
gold 5s
gold 6s
*100%
J-J
1996
& Adir
Lawr
2d
St L
MS
J-D
deb™.— —1967
United Biscuit 2%s debs
2%s
1971
High
103% 103%
103%
—1970
2%s
mtge
109
109
J-J
3s
debentures
Ref
12%
103
Calif
of
Pacific
2 '/as
10
*99% 100 %
M-N
debentures
Union
105% 106
A-O
Universal Pictures
3s series A—
Jan. 1
Low
108'A
M-N
—1968
mtge & coll
debentures
Union
•
U
Saguenay Power
Range Since
Sold
No.
High
of Mo 3%s__. —1971
.—1975
trust 2%s
Electric Co
Union
104
3s
1949
mtge 3 Vis series J
t ARut-Canadlan is
86%
863/a
*103
A-O
Corp—
mtge 4'/2s series D
mtge 3%s series H
mtge 3%s series I
Gen
Bid «fc Asked
U
Jf-N
Tobacco 3s debs__1973
Reynolds (R J)
Bonds
Friday's
or
Sale Price
High
R
Reading Co 1st A: ref 3%8 ser D—1995
Week's Range
Last
"
Exchange
New York Stock
3%
3%
300
21'/4 May
27/a Jan
i it
'%
10,700
4%
28 Va Mar
28 % Mar
% Mar
%
77
/,
75%
4%
:
...
77
1,050 "
5%
8
8
77
Jan
Apr
,
4%
Feb
4%
Jan
400
5%
5%
Jan
400
4Va
5%
58
Jan
3% Mar
5'/a
Feb
6%
Apr
100
47% Mar
5%
300
7%
8
Feb
Jan
Mar
COMMERCIAL &
THE
(2126)
NEW
YORK
RANGE
Friday
Week's
Last
STACK ft
Range
Low
Par
£1
Angostura-Wupperman
Apex-Elec-Manufacturing Co
Inc
Argue
Common class A
Equipment Corp
300
120
9%
8%
9%
17%
8%
'
3%
5%
Jan
9% May
9%
8%
9%
55,500
5%
Jan
10%
10%
10%
200
10%
Jan
'nm'rni
y
10%
\ 114 % Mar
113%
Jan
8%
8%
900
6%
Feb
8%
1,900
16%
Feb
19%
Jan
22%
300
21% Mar
23%
Feb
Colon
8%
500
7% Mar
8%
Apr
Colonial
—1
8
11
American dep rets reg
Laundries
—
__
•
of America.
Associated Tel ft Tel class A
—
1
Coast
Atlantic Coast Line Co
80
Atlas
Corp warrants
Atlas Plywood Corp
„
m
m
2
1%
2
x39%
x39%
43
5
5%
n,
_1
14
5
1
•
7%
Avery (BP) ft Bona
common
1
9%
preferred
Ayrshire Collieries Corp com
38
4%
5
1%
6%
26%
27%
26%
1
Feb
22 %
Jan
3%
Jan
51%
Jan
Compo Shoe
5
4% Jan
8
23
11
11%
300
1988
Jan
1%
1%
17,800
38%
39%
2,600
4%
4%
400
30%
30%
75
65%
65%
*
65 %
-100
_100
112%
Oil
55% Mar
Feb
M
*
common
35%
1
8%
36%
32% Mar
350
35%
8%
35 %
Jan
1
Barlow ft Seellg Mfg—
11.20 convertible A common
~37/a
4%
3%
Feb
May
5
May
3% May
i
40
84
86
850
3
3
1,100
1
100
1
100
12
50
'
1
12%
12%
•
25%
25%
"%
irt
5%
1,600
15,800
6
Jan
American
7
7
1
Baumann (L) ft Co common—.—«—I
Beau-Brummel Ties common————1
Beck (AS)
Shoe Corp
Bellanca Aircraft common
Bell Tel of Canada common
5%
1,900
10%
1
1%
300
1%
36%
36%
500
33%
Feb
7%
300
Convertible preferred
Blckford's Inc common
7%
7%
1
Blue
Ridge Corp common
Blumenthal (S) ft Co common
(HO) Co common
8%% prior cum pfd
11%
12
Apr
Apr
$0
14%
Jan
Cuban
7%
Jan
2,600
3
2%
30
25%
30
100
66
65
66
1
6
2%
3%
Feb
33
38
""'mm
•
•
Breeze
Corp common
Bridgeport Gas Light Co
Bridgeport Oil Co
Brlllo Mfg Co common
Mar
74
400
"
mm
—-f
16
Mar
21%
5
'■
7 Va
7%
"2%
:
r
4
7%
15%
,
6%
100
Apr
7
2,000
15%
Jan
18
5%
400
4%
Jan
6
Jan
21%
Apr
22% Feb
11 %
Apr
15
Apr
13% Feb
15
Jan
v-J;
13
-
300
13%
■
Oil Co
——•
Amer dep rets ord
reg
£1
1%
__
100
Ajsr,
Apr
11%
Feb
2
Davidson-Brothers
2%
9
Apr
10%
Feb
5%
6%
8%
400
Feb
9%
Jan
Apr
20 Va
common
16
3.80
*
Buckeye Pipe Line
•
Bunker Hill ft Sullivan
Burd Piston
Ring Co
Burma Corp Amer
dep rets—
2% May
16
'4%
4%
11%
100
16
4%
400
4%
Jan
11%
500
10%
Apr
14%
11
4,300
"
2.80
1414
1
9%
9%
2%
2
14
9%
%
—
12 %c
14
250
5
Jan
9%
..
' -14%
Jan
33%
Jan
9%
9% May
11%
15
Cable Electric Products
common
Cables ft Wireless—
Feb
American dep rets 5%
pfd
Calamba Sugar Estate
3%
3%
Duke
12% Mar
£1
—
3%
~5
5%
0
~5ft
4% May
3% Feb
16,100
7%
7
~7%
20%
20%
25
Feb
20%
2,100
8
Jan
20%
«
28
Jan
7%
28
Corp
Power
——•
"9%
~9%
600
6%
3%
3%
9,200
2%
Jan
26%
Jan
Marconi
1
5
1
Carman ft Co
2.80
Carnation Co common
Carolina Power & Light $5
pfd
Carr-Consolidated Biscuit Co
Carreras Ltd—
22
Amer
dep rets A ord
Amer dep rets B ord
Carter (J W) Co common
£1
2s 6d
1
common
•
ft Co
10
Catalin Corp of America
1
100
1
Central Power ft Light 4% pfd
100
(Central States Elec 6% preferred—100
Feb
22
8%
300
7% May
10%
200
7%' May
9%
Assn
H£
—
1%
12
':'t
7%
7%
3
3
45%
1%
3%
3%
8%
12
200
3%
1,000
46
7% Mar
600
300
9%
Mar
10% May
64
64
125
60%
Jan
65
76%
76%
50
Chamberlin Co of America
3%
—
—
29
8%
Apr
3%
Apr
48
2
Feb
Feb
29
3%
75%
75%
10
3%
50
3%
10
Mar
x4% Mar
100
29
-
Feb
May
2
Mar
5
Feb
4%
0
—
—
6%
—
—
3
36
————
Feb
2% Mar
11%
Jan
May
5%
Feb
10 % Mar
12%
Jan
4%
4
300
preferred
Sugar
10
74% May
9% Mar
79% May
85%
88%
300
—
6%
■—■
6%
225
64
"■
6 %
x8%
5%
480
•
—
55
5%
■
5%
,
—
100
7%
200
X8%
X8%
150
10%
10%
Feb
May
Jan
35%
...
Feb
3
—
3%
Feb
Feb
5
—
3
Jan
1,200
3
Jan
59%
8%
2 Va
3,300
45%
25
46% May
54%
Jan
12%
300
11% Mar
13%
Jan
63'%
64%
150
60
64% May
6V2
14%
169
8%
warrants
37% Mar
1% May
2%
Jan
Jan
63
Apr
14'/*
6 V2
Mar
140
Feb
170,% May
8 »/2
9,800
6
Jan
12 V2
200
9%
Jan
8% May
13% May
8 Va
"!%-'
4,900
33%
33 %
25
32
4V2
4%
100
4
3/4
15
15
13%
14
Apr
13%
Apr
1% Mar
Feb
.35%
Jan
Mar
r
14
25
Feb
4% Mar
ft
% May
6,400
'iV-
Apr
7%
Feb
1%
1%
101%
Feb
Feb
5%
33%
May
350
11
1%
Jan
15
10%
48,600
165 % 169%
12
8
10c
1
1
1
18
10
6% May
Feb
800
15
97
4%
Jan
18
Feb
Feb
16%
Jan
Jan
15
7%
64
7%
Airplane.
Fansteel Metallurgical—
Fire Association (Phlla)
First York Corp common-
Jan
Apr
Jan
ay
May
Flshman
Apr
7% Mar
9%
be
Jan
3
Jan
36%
dfv enm
to
Dreferred—
(MH)
fl
Amer
Ford
7%
Jan
7% Mar
10%
Jan
Amer
11%
12 Va
2,300
> 8%
Feb
59 %
Jan
,13%. Apr
65% Jan
2%
Apr
lio
61%
61%
62%
-
■
-
'
30
-
;
2%
33
Jan
Jan
_lf
May
-10c
2%
—1
.27%
29
225
4%
5
1.600
4%
Jan
20
400
17%
Feb
421
Mar
23
2"%
—
2,600
27% May
14%
4%
20
Class A non-voting
Class B voting
Ford
Motor
of
«
Feb'
13%
Jan
Fort Pitt
64%
Jan
Fox
14 Va Mar
17%
Feb
Franklin Simon ft Co Ino common
-
Brewing Co..
(Foter) Brewlng.
4Vk%
Fuller
5%
conv
preferred
<G*o A1
-
Feb
21%
21%
50
-%
n
834
300
8
500
20
1,400
Jan
Feb
France—
dep rets bearer-
10% May
9% Mar
5% Mar
■12%
of Canada—
57% Mar
10% Mar
Feb
Co—
100
Jan
3%
Stores
500
6
Feb
11,300
dep rets ord reg..
Motor
Jan
Jan
12%
4%
Ford Motor Co Ltd—
Apr
6
:
200
4%
.1
Engine ft
-V
4%
,1
Fair child
10O
800
Apr
"1%
12%
2d pfd
61
8%
Jan
Feb
75
Associates—
14%
8
77
Feb
53
59%
—
May
69
46%
14%
—
69
475
A.
B_
Washing Machine class B—
6% Mar
.
Apr
125
70%
37% Mar
1%
shares of beneficial lnt
4
May
3
70
_2B
•
series
1,000
69
Jan
.,3% May
7%
8
•
Jan
9% May
200
3%
7%
Apr
1%
Jan
May
Jan
1,700
—
10
32 %
69%
70
.100
Equipment
Equity Corp common
88 convertible preferred
Esquire Inc
Eureka Corp Ltd
Eureka Pipe Line common——
13"% Mar
12%
——
2
—
—
4%
10'/2
Apr
79
Emsco Derrick ft
4% Mar
-
—
10
Apr
Feb
Empire District Electrlo B% pfd— .100
1
Empire Mlllwork Corp.
Apr
1,500
-
2.80
Charls Corp common
4
10%
Jan
'Feb
74
6%
3Va
.104
preferred
Option
111% Mar
3%
—
1
14%
22%
13%
29
76%
Electrographlc Corp common
Jan
Mar
—
—
10
Feb
20% Mar
$6 pfd shares of beneflolal Int..
Easy
Jan
109
'
—
Jan
1%
21
50
V"
3%
Feb
40%
—
—
May
3
225
3%
__
-
1% May
200
109% 110
..
—
1,400
14
6V4
10
May
33
10%
com.
Electrlo Power ft Light $7
62%
100
Conv preference
Cessna aircraft Co common
see
Bulphur
Electric Bond ft Share common—
|
63
2
Cherry-Burrell
common
Chesebrough Mfg common
Chicago Rivet ft Mach
Chicago ft Southern Air Lines
Toting trust ctfs
Texas
Jan
3% May
14
•
$7
Jan
■—
Century Investors Inc
Feb
10%
10%
25
Eastern States Corp.
Jan
8%
100
Conv pfd opt div ser——.—
Conv pfd opt div ser 1929—
Century Electric Co common
14%
Jan
13%
100
Eastern Malleable Iron
Jan
8%
100
preferred
Apr
10%
9%
Falrchlld Camera ft Instrument—
3.50% preferred
Jan
14
£1
DHor preferred
Central Maine Power Co—
Central Ohio Steel Products
Jan
12
25
~2%
6%
Mar
8
—
1
23Vb
33
9%
Eastem
•
•
Feb
Apr
9%
33
2%
86 preferred series
•
Capital City Products common
Carey Baxter ft Kennedy Inc
Jan
100
—
—•
100
2%
1,400
1
Com
preferred
Apr
~2%
"97/«
If
Co
Eastern Gas & Fuel
•
Class B non-voting
Canadian Industries Ltd—
2
"2%
•
1
Feb
7% Mar
•
Convertible
preferred
Canadian Industrial Alcohol—
Class A voting
Jan
Jan
5%
.U
v
•
preference
Apr
9%
33
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
Duraloy (The) Co
—•
Canadian Canners Ltd common
Apr
15%
Jan
8% Mar
Feb
6%
'•
■
__
1
Camden Fire Insurance
Canada Bread Co Ltd
Canada Cement Co Ltd common
4%
Feb
133%
Feb
y;
•
Caiif Cotton Mills Co
California Electric Power
3%
Jan
11%
250
.
—
1
Calgary & Edmonton Corp Ltd
300
Jan
7%
;T; 1
13
Driver Harris Co
Jan
■"
80s
Jan
8
Feb
132
•
%
Feb
Feb
6%
400
•
12%
2% Mar
11
Apr
100
10
Duval
"
Jan
Jan
32
~7%
Durham Hosiery class B common
Duro Teat Corp common
'
6
3
9%
*
Feb
Apr
Jan
IfS May
5%
3%
Draper
Jan
Jan
29 % May
200
1,200
20
Dominion Tar ft Chem Co Ltd
22%
%
5%
2'%
"9%
Dominion Textile Co Ltd common
May
1%
28e
'■
For footnotes
Jan
6
.
14%
6
—8
1
2%
Dominion Steel ft Coal olass B
May
2,900
200
29%
100
—
Domestic Credit Corp class
Dominion Bridge Co Ltd
11% Mar
8,700
ft ,y
2%
"7%
_60c
Amer dep rets ord reg—
Dobeckmun Co common. _.
...
7%
8% Mar
Apr
Mar:;
Jan
105 % May
<
•
Distillers Co Ltd—
Jan
1
4%
7%
5% '
—38
Devoe ft Raynolds class B.
Jan
900
Bruck Mills Ltd class
B
(A M)
5
—
26
Detroit Gray Iron FoundryDetroit Steel Products
Jan
100
4%
9
debenture
8%
>
m
10c
Derby Oil Co common
Detroit Gasket ft Manufacturing
Apr
4%
1
Burry Biscuit Corp
Butler (PH) common
,
29%
5%
1
common—
Dejay Stores common.
Dennlson Mfg class A common
Feb
—10
.
Ino
2.B8
—
Day Mines Inc
Dayton Rubber Co class
Jan
23%
21% Mar
•—
__
•
Distillers
4% cum Junior
pfd
Brown Rubber Co
common
Bruce (E L) Co
Castle
17%
Apr
Mar
102
12
Hosiery Mills
Davenport
11% Jan
10
—
1%
21% May
1%
50
—
•
Class B
Brown Forman
10%
19%
200
10%
10s
—
21%
Mar
9%
21%
€1
British Celanese Ltd—
Casco Products
May
D
Apr
•
British Columbia Power
class A
Canadian
May
55
5% Mar
250
(Mo)
Jan
17%
V5;;,\
————•
Amer dep rets ord
bearer
Amer dep rets ord
reg
7%
4
Jan
14%
;■* '.T ?!■'
7 %
Jan
Jan
IV*
30
2,400
;w.—'
—
—
Apr
Jan
2%
—
Curtis Lighting inc common
Mfg Co
8%
13%
Feb
Mar'(
2% Mar-
270
'
Jan
Apr
5%
2,300
14%
7%
6'/2
-
55
15%
May
12
600
3%
common
Feb
1
]ld May
4 %
1,300
44%
4 :V."
54%
Jan
6%
•
British American Tobacco—
6Vz%
Jan
5% Mar
(w--';
:
Tobacco
Curtis
—•
■■
41%
Feb
16%
17
1
—
Class A
■
Feb
Feb
'
Brazilian Traction
Light ft Power
Jf'
3%
Jan
62
70
5,900
"
Jan
Apr
23%
175
Jan
16,600
5%
14
."7%
Atlantic Sugar common
preferred—
,
Cuban
7% Mar
Feb
6
700
6%
preferred
6 %
May
12
%
6 %
5%
Crown Drug Co common
Apr
Jan
42
30%
2,600
4%
5
Crystal Oil Refining common.
38
Mar
34%
"£ 2%
Jan
x45
9
625
3
11%
•
Borne, Scrymser Co
Bourjois Inc—
Apr
Jan
Apr
16% Mar
6% Apr
,
'
Jan
6%
33%
14
Co
9
13% May
'' '■
•
—•
Bohack
Brewing
35%
'
1
Blrdsboro Steel Fdry ft Mach Co com.*
common
Croft
26%
}£
•
Feb
36% Mar
3%
34%
Crosley Motors inc
Crowley Mllner ft Co..
Crown Cent Petrol (Md)...
Crown Cork Internat'l "A" partic—
Jan
37%
7% May
100
Jan
5% Mar
Jan
4%
4,000
Jan
,.\8%
J
Jan
2
Jan
38
Benrus Watch Co Inc
——1
Benson ft Hedges common—».
•
6%
Jan
ft
Jan
14%
600
16;
40
Jan
2%
...
^
V
Creole Petroleum.
Mar
5%
10
8% Mar
300
9%
1%
9%
1
X
*
"5%
40
Jan
Mar
28%
Feb
4%
% Jan
1%
7% Mar
•
May
14
Feb
Mar
5
'•■'■
—«•
7
Feb
~5 %
3
14
Apr
%
(ord reg)_£l
dep receipts
16% Jan
13% Feb
100
14%
14%
—■
Basic Refractories Inc
16
•
1
.80
*
Apr
Feb
*
25% May
500
$5
5%
;i
1
•
May
103 Va Jan
18
Jan
3
Jan
"12% Mar
837/e Mar
1,600
x8%
Apr
Apr
103%
Jan'
17
2
1
convertible preferred—
Courtaulds Ltd—
'
8
67%
113% Feb
Jan
9%
3
Apr
Jan
100
86
1
5%
32%
Jan
109
1,300
Reynolds common
preferred class A.
5% Mar
Jan
58%
Feb
40%
,
Jan
3,500
Bo
$1
28%
J
Feb
18'
Cosden Petroleum common
100
Jan
4
12 Va
Corroon ft
8% Mar
7
,5
100
%
5
Apr
4%
17%
Co
Distributing
Apr
4%
11%
1
Apr
Jan
80
102% 102%
Jan
.
5%
7%
18
Co
12
*"
Feb
1% May
35
Jan
800
112% 113
8%
47%
2,000
49%
49
Jan
12
Cornucopia Gold Mines
Cooper
%
Apr
5%
•
8
10
Car-Na-Var Corp
Continental Fdy ft Machine
Cook Paint ft Varnish Co
34%
1
Mining ft Smelt Ltd
Consolidated Royalty
Feb
Mar
7% May
•
Liquidating Corp
Consolidated
8
4
1
Consolidated
Consol
Mar
4%
__
—
30%
—
series B preferred
preferred series O.
Gas Utilities—1
4%
Feb
15%
Mar
24%
—
38%
—
2e
4%%
Jan
Apr
25
Jan
1,200
Machinery—
to
Jan
Jan
2
11% May
3% Jan
1,800
6%
"
Jan
8%
Mar
4%
6%
~l3/a
Inc
Consol a E L P Bait common
Jan
11%
6% Mar
400
Vtc ext
Jan
6
150
11%
4%
— —
Community Public Service————
21%
Mar
3%
Feb
22
1,200
4%
warrants
Co
Feb
Mar
17
6 %
700
'
Colorado Fuel ft Iron
Apr
*
11%
Airlines
Hotel
-13
1%
2,800
4%
-
shares
Barium Steel Corp
:
1%
v
6s/a
Commodore
100
50
American
British-American
Jan
2'A Jan
5% Mar
.29
Colt's Manufacturing
Banco de los Andes—
Blauner's
Jan
15
":>■ 6 %
Feb
13% May
1,000
7%
10
11%
49
—
preferred..
Baldwin Rubber Co
10%
150
Jan
B
1%
':<200
600
Development ordinary.
Continental
Babcock ft Wilcox Co
Baldwin Locomotive—
14%" Apr
2%
%
4%
2,900
24%
..
Jan
13
7%
39
300
6,000
14%
13%
Automatic Steel Products Inc
3
12%
15%
1% May
1,500
5%
Automatic Voting Machine
8%
300
2%
Jan
16%
——
Fisheries
13%
12%
ft Mar
7
—
500
%
%
•
Atlantic
48% May
15%
Colonial Sand ft Stone Co
Associated Electric Industries—
Associated
Feb
Cockshutt Plow Co common—
22%
conv
Apr
Apr
17%
8%
17
«
Va
38%
1%
Clayton ft Lambert Mfg
Cllnchfleld Coal Corp common
Club Aluminum Products Co.
Feb
Jan
2,500
31,000
*
16%
__
High
1%
Va
48%
.1
Mfg Co.
Claude Neon Inc commo:
9% May
Low
Va
45%
48
.1
Clarostat
Jan
Range Since January 1
■V
High
.18
City ft Suburban Homes
Clark Controller Co.
Jan
2% May
'Low
13%
City Auto Stamping.
105% Mar
Apr
Shares
of Prices
1
..10
Cities Service common
Feb
3% May
Feb
5% May
103%
19,900
1
preferred—Aspinook (The) Corp
2%
800
-3.80
—
Ashland (Ml ft Refining Co
81.20
6
2%
•
Arkansas Power ft Light $7 pfd
Aro
3%
2%
10
'■
Sales
for Week
Range
Par
High
15% Mar
100
800
•
non-voting
Last
gale Price
Exchange
Chief Consolidated Mining
2%
**>
preferred
Range Since January 1
'
106
5%
105
New York Curb
:
Week's
Friday
Low
16
3%
—
13
STOCKS—
Shares
1
—
Arkansas Natural Gas common—
6%
3%
1
IOC
pfd
Appalachian Elec Pwr 4Vt%
16
__
I
'
:
ENDED MAY
Sales
High
•
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
EXCHANGE
CURB
WEEK
for Week
of Prices
Sale Price
New York Curb Exchange
FOR
Monday, May 16, 1949
FINANCIAL CHRONICLE
'■
34
On
eo
..1
1
■
.
<
8
.8
..
Jan
23% Mar.
1
co
.Mar:.
8
9
500
7%
%
Apr
8% May
7
.1.28
88
%
Feb
Jan
10
,Jan
9
Apr
8% Mar
25%
Jan
9%
Apr
page 37.
T
COMMERCIAL &
THE
169 ~ Number 4803
Volume
FINANCIAL
NEW^YOl&tCURB
V1RANG8 m
V
Friday
New York Curb
Week's
Last
STOCKS—
MAY
Low
t%
14% Mar
*
88%
100
preferred—
5%
-1
General Alloys Co
•
General Builders Supply Corp com—1
0 % conv preferred
20
,
1%
Apr
3%
23%
Apr
8%
Jan
400
5%
Jan
6% Mar
50
7%
Apr
8%
7%
300
1%
700
3%
900
5%
preferred series A
10
General Fireprooflng common
•
General Outdoor Adv 6% pfd_—-100
5%
3%
Gilchrist
Glen
...
2 Tb
1,600
Feb
Feb
2% Mar
4
100
Jan
116
Mar
108
Feb
106%
Feb
4
Jan
5%
Apr
14% Mar
1%
5 '/a
1,300
18%
Jan
10
Jan
9%
Jan
173%
17%
1,100
16%
Apr
213/4
10
10%
400
9%
Apr
11%
14 %
14%
1,000
13%
Jan
Lefcourt
1%
500
Le
43
21
24%
Jan
80
Loblaw
7%
1st
Great
Grocery Stores Products
;
Gulf States
Mar
%
Jan
U
6 VB
I
22%
22%
Jan
53%
iff
1
10%
Inc
Inc 8% preferred
Utilities $4.40
pfd
Feb
5%
Jan
100
49% Mar
62 %
Jan
1.000
6% May
12,200
56
56
7%
6%
7%
5%
ii',4
75
109%
109
137
136% 140
35 Va
%
35
11%
Feb
34 %
Apr
.IB
102
80
Feb
8%
Feb
Feb
13%
Public
Service
Mangel Stores
106% Mar
Manlschewitz
Apr
Apr
63/B
7Vb
Mar
9% May
15% May
17%
Mar
x50 V,
Jan
5
15%
15
46%
1
•
1
Common
2%
Jan
2
Jan
McKee
~9Va
9
9 Va
800
8 Va
Mar
9Va May
13
13 Va
400
Corp
$2.50
Feb
'
7 Vo
6%
7%
10%
10%
1,300
9%
10%
6ys
8%
50
10%
100
95%
95%
10%
10%
95%
"
Mead
Jan
8%
Apr
Menasco
12 3%
Feb
Merritt
10
Jan
Jan
new
11
93
Jan
96
8%
41%
42%
325
8%
41%
9Vb
1.700
Mar
74
May
May
300
Mfg
Jan
423%
50
40%
137
30
32%
32
325
—
19%
200
18 3%
x74%
78
4,200
3%
4
600
78
•
—
—.
.
Jan
3
■
100
IS
60,400
3/8
Feb
225
8
9%
Apr
Jan
]<j May
86
86%
77%
Feb
88 Va
Apr
75%
77
425
66 Va
Feb
78 %
Apr
18%
18%
11,700
16%
Feb
20 ys
Jan-
1113% 1113%
10
111%
Feb
11%
Apr
18%
113
Feb
14%
Jan
8%
Feb
12%
13
200
10% Jan
13%
Apr
14
14
200
13
Feb
14 Va
Apr
25
Apr
25
Apr
37
37
May
38
Jan
123/4
7% Mar
2%
Feb
6%
1,200
17%
400
15%
Feb
3 Vb
3%
300
2%
Feb
6 Vb
6 Vb
100
6
Jan
144
Feb
Jan
109
Class B
1
18% May
21
Jan
68 3/i
79%
Jan
Feb
4
23/e Jan
Jan
473%
preferred
1,500
13%
Feb
17%
353%
25
35
Feb
37
Feb
28%
150
27% Mar
73%
200
7 % Mar
32%
9%
Jan
Feb
15%
Jan
1% Mar
2Va
Apr
73%
15
14
15
1%
100
Co
1
1%
3,500
800
v
t
Co
Jan
Mid-West
Jan
Midwest
2
22%
Apr
Jan
1,900
£1
16%
17
18
1
2.50
•
10
1
'
9
17% May
17
100
14%
Feb
100
11%
Jan
12%
56
55%
56
500
~7%
shs__•
shares
~7%
~8
1.600
•
10%
400
10
,9o
1/2
13%
xl2%
13%
4,400
1
Investors
10%
9
International Safety Razor B
International Utilities common
10%
•
International Products
1%
1%
1%
900
5
5
5%
1,000
S1
1,800
,
1
cl A
May
98
Apr
104%
Jan
110%
•
—,
1
12%
Apr
47
Jan
56
Feb
22
common
8% Mar
11%
1'*'
p14
Apr
1%
17
Plan
Tel & Tel
Mt Vernon-Woodberry
Apr
Muter
Jan
Company
Mills
common
1
*
2.00
M
•$«
Jan
Namm's
2%
.7.
1
Jim Brown Stores common
•
Preference
^*
2%
200
2% Mar
3%
Corp
5 V,
700
4%
6%
Jan
3%
3%
100
3%
3%
200
5%
3% May
Feb
Jan
4%
Jan
20%
3% May
19
Co..
Feb
Inc
Jan
K
1
Oorp
Co
pfd
•
12%
12%
1
,*
1
—.—
Inc
Key Co common
Ktdde (Walter) A Oo
100
12%
12%
100
9%
Jan
126 Vi
Apr
5%
12%
11%
x7
Feb
Feb
Mar
9%
Feb
>
13% Mar
Jan
13
-
——
Seeiey Corp
Products
Kir by
Petroleum
Kirkland Lake G M Oo Ltd
•
50
1
103
5%
2.400
Mar
3%
Jan
12% Mar
105
5%
33
33%
GOO
"2%
~2%
G00
10%
10%
1,800
National Rubber
New
Mar
—I
IV.
900
Hev
Machinery—
Corp
Ingland Tel & Tel
Haven Clock & Watch
Co.
convertible preferred
Zinc
—Mexico A Arizona Land
Park Mining Co
——
Process Co common—^„
Auction Co common
& Honduras RosarioMerchandise
Shipbuilding Corp—
4/2%
New
Apr
New
Y
Y
Jan
33%
Apr
Feb
17
Mar
N
3
!
(Herman)
New Jersey
26%
Jan
N
Y
Feb
12%
Jan
N
Y
,'« Mar
1%
Jan
9%
5% May
100
~7%
5,600
2
2Va
7,200
9%
75
13%
3%
1,300
3%
18%
19%
200
22%
22%
50
2%
2%
7Vs
1,800
"7%
Feb
Jan
8%
Feb
Apr
32 %
Apr
6%
Feb
8Vs
Apr
7
7
200
1,200
Feb
2%
Jan
9
Mar
10 %
Jan
23
11%
12
Mar
25
Apr
1%
11% May
16%
Jan
4%
Jan
18 % Mar
19%
Jan
3%
20
Feb
6% Mar
~8%
8%
"9
3,500
Feb
22% May
Mar
2%
3 % Mar
'
7% Jan
Feb
32 Va
8% Mar
10%
29%
Jan
Jan
93%
7%
3
Jan
97
Feb
24
Feb
30
Apr
1,100
6%
Jan
600
2%
Jan
89% Jan
98
2%
900
169 % 1703%
60
2%
169 %
333%
33%
50
3%
~35/a
3%
700
12%
13%
32
32
99% 1001%
223%
22
1,300
2%
3% Mar
95
May
101%
Apr
2%
167% Mar
33
8% Mar
Apr
176
37%
Mar
Apr
Jan
Jan
Jan
Jan
4%
Feb
12% Mar
14%
Jan
Jan
33%
103%
Jan
3%
200
31%
20
97%
Feb
100
17
Mar
24
Apr
Feb
22% Jan
28 VB
850
28 %
May
9>/B
9'%
600
Feb
10 Vs
Jan
12'%
12%
200
11
Feb
13%
Jan
9%
9%
400
9
Feb
12% Jan
25%
9 Vb
~9%
8%
Founders
3
Mar
3%
4'%
600
3
3 Va
3,500
2% Mar
300
29 % Mar
~87/b
8 3%
X8%
32
"9
x8%
5,300
200
Jan
13
5%
Jan
Jan
3% Jan
33%
34
Apr
Jan
8%
Jan
9%
Feb
8
Apr
11%
Jan
9% Apr
~77/a
~77/b
~7%
"7%
_7%
300
"3%
"33%
300
_3
8%
Neptune Meter common
NesWs Le Mur Co class A
N
2% May
% May
28,200
73/8
9
National Steel Car Ltd
15
33%
-1
1
—
5
5,600
6 Va
34
National Pressure Cooker commonNational Radiator Co
New
1W
preferred
Jan
32
—
National Mfg Jk Stores common
9% Mar
Kimberly-Clark Corp—
Kings County Lighting common
4%
cumulative preferred
6%
7/b
3«/b
Bellas
preferred
Nelson
20,100
5%
Apr
123 V. Mar
5%
100
Jan
4%
common
National Transit common—,
National Union Radio
Kansas Gas A Electric 1%
Jan
1%
——
Fuel Gas
National Mallinson Fabrics
Jan
5
2%
"
9%
11% May
Nacbman
National
1
Apr
N
Apr
7%
1
7 Va
Jan
Hess common.
National Breweries common
Jefferson Lake Sulphur Co_
5% May
100
1
31%
Apr
National
Jeannette Glass Oo common
Mar
Jan
1%
Jan
Producers
Muskegon Piston Ring common
Muskogee Co common
6%
3% Mar
100
10
•
100
Corp of America
Murray Ohio Mfg Co
11% Jan
Feb
%
Mar
48
100
1
1
Mountain States
Jan
700
*
6
Jan
73/b
*
Mountain States Power common
Feb
11
1 %
Jan
5 Vb
5%
•
J
50o
60
common
Refineries
Mountain
May
7% May
7% Mar
% May
12% Feb
Apr
5%
7%
50o
10
Co
convertible preferred
Morris
Feb
Jan
14%
•
com
12
Jan
20%
500
•
International Petroleum coupon
Jan
88%
10%
108%
105
105
90
International Metal Industries A
Apr
10%
250
96
Jan
5Va
3%
1
6 Vs
7%
lit
100
1
Montgomery Ward & Co class A——*
Moody Investors partlc pfd
•
17% May
12%
■
109%
73/b
2
Molybdenum Corp
Monogram Pictures common
Monongahela Power Oo—
4.40% cum pfd
4.80% cum pfd series B
Monroe Loan Society com class A
Feb
12%
95
96
Feb
3% Mar
5%
9
Abrasive
Miller Wohl Co
Jan
4%
Feb
•
Preferred $3.50 series
10%
13%
£1
10
6% May
17
•
6
45
1
c
common
Oil
Mid-West
Jan
8,300
17
Jan
Feb
r
lfl
Corp
Midwest Piping & Supply
2% Mar
Feb
12% May
4 Ye Mar
200
Jan
108%
~4%
(•*«
•
Mldvale
6
11%
t
$2 non-cum
Feb
3%
400
13%
Jan
5
I
4%
25o
Corp common
dividend shares
Apr
Apr
125
Jan
Mar
2,300
353%
•
Apr
100
2
1%
1
Midland Oil Corp $1 conv pfd
Midland Steel Products—
13%
2 Va
6%
Feb
& Scott Oorp—
Ex-distribution
4
13%
3% May
Feb
14%
13/b
Middle West Corp—
Mar
125
12 VB
Jan
14
1%
xl4%
Middle States Petroleum class A v t c_l
3 2 3% May
30%
107%
43
Feb
Jan
H
•
preferred
6%
42 3% May
Mar
136
2%
8%
19%
Feb
6 % May
6%
28
Co
&
100
37
17'%
6%
—
Michigan Sugar Co common
300
6%
•
common
International Cigar Machinery
International Hydro-Electric—
King
4,500
8%
%
•
Mlcromatic Hone
2 %
2 Vo
•
1
•«
13%
12
1
_
_
Insurance Co of North America
Kingston
Jan
24 Va May
24%
J
f
Iron
4
1%
"■
~rl
& Ireland
4%«
Apr
24 Va
8 3%
3
Michigan Bumper Corp
Michigan Steel Tube
Jan
17%
__
•
Indianapolis Pwr A Light 4% pfd—100
Kennedy's
25 %
Jan
233%
24 VB
1
common
Participating preferred
Jan
31
143% May
~4
_
3%
27% May
50
5
Imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
Kawneer
Jan
21 Va
700
Missouri Public Service common
Kalser-Frazer
23%
1
10
Co
Metal Textile
Apr
600
137
32%
warrants-
Kokenge
Jan
•
common
Chapman
4%%
&
Jan
26 Va
13
Mining Corp of Canada
*
Minnesota Power & Light 5% pfd—100
Julian
7 Va
12%
10
Dredging
A
Mesabl
Jan
11
423/4
5
_
48%
41% May
8% May
3'%
1
•
$2.25 pfd
5%
1434
3%
•
Royalty
Iron Fireman Mfg v t c
Irving Air Chute
Italian Superpower Corp
Jan
6% Mar
8 3% May
Feb
143%
'
•
1st conv preferredHydro-Electric Securities
Hygrade Food Products
Registered
25
25
£1
& Co class B
Johnson
6%%
Jan
68
-
8%
—15
com
T
Co
300
7
Warrants
103% Mar
Jan
9'%
20
MoWllliam8
Feb
10% Mar
•
~
—
•
common
Zinc
7%
Jan
Mar
•
L
preferred
15%
Jan
10
350
9%.
9
'
Illinois
26
Marine
common
(AG)
Mar
11
2,700
10%
—1
Refining
Mfg Co
stock
Jan
1
•
common
Co
Mfg
McCord
1%
0
Inc common
Hussman Refrigerator
25%
25 Va
I
Shovel
McClanahan Oil Co
1% Mar
.100
(Harvey)
Oil
Huyler's
Apr
400
...10
preferred
&
45V4
500
—,1
ft Hardart oommon
Humble
Jan
13
50
■
Horn ft Hardart Baking Co
Hubbell
22%
12%
10
convertible preferred
1%
•
& Co
9% Mar
203% Mar
'
-
Lock
50
5%
1%
-100
Inc
&
%
McAleer
1%
_
& Co class A
A)
800
Feb
Feb
100
Co
International
Power
1%
•
(Geo
100
47
"~2
Holly Stores Inc.
Holophane Co common
Hurd
4%
650
—
Holllnger Consolidated G M
6*
100
9%
•
preferred w w
preferred w w
Henry Holt & Co common
'Horn
4%
9 V,
:::B
•.
common
6%%
Hormel
Jan
4%
9%
,25o
Stores oommon
4%
"order's
Jan
19%
%
10%
100
common
Harris
13%
A
(R)
Jan
Apr
is«
4,900
500
U
Co
(The B)
Marlon
4%
—I
Heller Oo common
Hoe
6%
10 3%
M
Maine
.....1
Co
Mining Oo
Class
Apr
Feb
6%
2,400
__1
Macklntosh-Hemphill Co
38% Mar
-,.1
'
common.
Helena Rubinstein
—
21 % Mar
Mapes Consolidated Mfg Co
__25
__
Hathaway Bakeries Inc
Hearn Dept
23
12'%
253%
Feb
xl36%
13%
Hazel tine Corp
Hecla
20% Mar
21%
~7%
*
Apr
142
30
1.400
35%
105%
105
*
Paper common—
Brewing
500
23
Apr
111%
7% Mar
B
,
Rayon
Harvard
Apr
63% Mar
11 VB
25
Lynch Corp
Jan
8
Apr
Feb
7
•
Electric Light
Hartford
8%
Jan
24% May
Louisiana Land & Exploration
Louisiana Power & Light $6 pfd
11% Jan
103% Feb
2,300
109%
10 Y»
11%
100
Bridge Oo Ltd
Hartford
Jan
5%
A.
Communication Co Ltd
Hammermill
7%
700
21
Class B
Massey
Hrt
10%
II
,
Long Island Lighting CoCommon ctfs of dep.
1% preferred A ctfs of dep
6 % preferred B ctfs of dep
H
Tatmp
1,100
""a
12 %
I
Groceterias class
Marconi
Hall
Apr
7%
6%
—
6
common
Lone Star Gas Co. (Texas)
Jan
4%
25
common„25c
Gypsum Lime A Alabastlne
Hamilton
Jan
133%
Apr
9'% Mar
1
1
IB
Longlnes-Wlttnauer Watch Co—
Jan
52%
%
%
•
100
preferred
Northern Paper
Jan
5%
Jan
Tea—
stock
common
13%
Apr
8%
13
Locke Steel Chain.
Feb
Graham-Paige Motors 6% conv pfd__23
Grand Rapids Varnish
I
Gray Mfg Co
9
Non-voting
Corp
Lipton (Thos J)
Jan
74%
10
Great Atlantic A Pacific
Tourneau
Lionel
Jan
1
common
73%
GVa
Oil
(R Q)
Line Material Co
Jan
38 % Mar
50
•
class A
Mfg
2%
•
Goodman Mfg Co
Gorham
1% May
•
Goldfield Consolidated Mines
7%
I
Realty common
Development
Leonard
.
14 Va May
!%
14%
_1
-*
$4.50 prior preferred
.1
A Machine
La Salle Extension University,
Jan
9
Inc
12%
Jan
1
(Adolf) Inc common
Gorhsm Inc
12% Mar
4
12%
....—I
Lit Brothers common
*
Coal
Godchaux Sugars class A
Class B
„
Jan
7%
Feb
May
113%
1
Lanston Monotype Machine
May
f
Gobel
6%
1,200
I
Lamaon Corp of Delaware-,
Jan
Jan
113%
25
115
La key Foundry
Feb
5%
Company
Lake Shore Mines Ltd
35% Jan
102%
Jan
95
115
Laclede-Ohrlsty
L'Aiglpn Apparel Inc
25
Glenmore Distilleries class B
Globe-Union
Mar
3%
3,500
•
Co
Alden
31
-•
common
Gladding McBean At Co
,
3%
2 %
2%
1
Giant Yellow knife Gold Mines
100
32
100% Mar
•
•
preferred
7%
32
General Phoenix Corp
,1
General Plywood Corp common——50c
General Public Service $6 preferred—*
Georgia Power $0 preferred
6
7%
5%
1
General Finance Corp common
(A C)
20% May
Apr
■
£1
Amer dep rets ord reg
Gilbert
Mar
18%
12
Co
General Electric Co Ltd—
tlS
12
Feb
8%
7Ve
7%
100
Jan
10% Mar
20%
10
Jan
Feb
High
Feb
9%
Apr
3Vb
Range Since January 1
Low
1,000
10
20
20%
Stores
Brewing
Krueger
Mar
8
22'A
1%
3V4
3%
Kobacker
Fgb
92%
(IB)
Shares
High
30
Oo common
Rubber Co—
Knott Oorp common
,15% Apr
Jan
5% May
1% Jan
1,100
6
'
of Prices
Low
(DEmll)
for Week
Range
High
<—
Klelnert
Geliman Mfg Co common
'Last
Sale Price
New York Curb Exchange
Range-Since January 1
Shares
High'
•
Sales
Week's
Friday
STOCKS—
Klein
Oattneau Power Co oommon
13
Sales
of Prices
■
Low
Par
EXCHANGE
ENDED
for Week
Range
Sale Price'
Exchange
WEEK
(2127)
CHRONICLE
8
1,200
11%
Feb
7% May
10%
Jan
6% Mar
7%
1
10
1%
Apr
3% Mar
Apr
5,600
2%
Apr
4%
6%
Feb
9
Jan
27/b
3
8%
8%
200
Apr
6%
Feb
79%
140
79
May
87%
Jan
3,500
1
Mar
2%
Jan
3
Mar
14%
79
1
1 Va
50
3%
58%
18%
3
5%
79%
Jan
17% Mar
Jan
8% Mar
9
33%
57%
58%
1.800
9 Va
10%
7,300
1%
600
1%
Feb
May
16% Mar
7% Jan
Jan
Apr
67
6
Feb
11 % Apr
1%
Jan
1% Apr
56%
65
8V4
Apr
75
Jan
Apr
8%
Jan
Apr
28%
28%
50
Feb
30 %
103%
10%
350
10% May
13%
Feb
19
400
16%
20
Apr
.17%
26%
Jan
35
36
COMMERCIAL
THE
(2128)
YORK
NEW
RANGE
Friday
Last
Sale Price
Low
Niagara Hudson Power common
5"/o
1st, preferred
6%
B
optional
100%
Jan
96%
Apr
%
Feb
%
Jan
10%
10%
10%
2,100
9%
Jan
10%
Apr
8%
8%
8%
2,000
7%
Jan
400
8%
%
Apr
Central
North
Northrop
1st
11
Jan
Apr
Corp
Inc
Oil
Savoy
1
: v,
United
Samson
9% Mar
400
28%
30%
30%
100
37%
Jan
37
Jan
Scovlll
High
28
2
Steel
Apr
100
Apr
12%
12%
100
11%
Feb
1A%
Jan
Securities
2'/8
2%
2%
1,100
2%
Jan
3%
Apr
Beeman
Feb
Segal Lock & Hardware
2
SO
85
86%
103
103%
85
50
pid_100
1
50
103% May
Jan
0
4,500
5% May
11%
13% May
15 %
Jan
14
V8
Shoe
Selby
Jan
900
6%
13%
6%
•
89
May
101%
Inc
prior
stock
(R
374
Feb
174
2174
22%
1,700
13%
1374
700
Inc
B)
Corp
!
< Apr
'
17% Jap
Apr
1% Mar
16% Apr
J
2
3,200
1
Mar
1%
15
May
16%
1,
J ah
50
Feb
15
2%
274
18%
7374
74
650
76
|
50
3%
Jain
Feb
1974
Jan
73%
1,900
Feb
16
Jan
78%
F^b
'i
May
7874
Feb
f
9,100
17%
7374
2%
t
374
1
common
>
Jhh
100
18
1
.
Jan
Jan
'A 19%
13
.
Jan
28%
1%
15
274
2174 May
Jan
16%
1
1%
certificates
Radio
Sentinel
2%
Jan
1%
16%
25
Semler
Jan
3%
■
5
Allotment
O
174
800
——
,
■'
2% Mar
1,300
76
common..
Feb
3,700
!
stock
Jan
174
-
1%
mill
Convertible
$5.50
200
3%
•
Industries
Selected
Jan
11%
2%
__
•
Co
,
Jan
19%
22%
1
Inc
Bros
,
8%
Feb
6% Mar
1%
'■■■"
common
Corp General
.
5% May
16
f
2
•
■
Co
2"
•
500
;3%
'
■
1
25
12%
•
2
2
2,400
1%
1
Manufacturing
Feb
31
100
77a
2%
25t
(Del)
& Fisher Brick Co
Bchulte
(D A) Inc common.:
Mar
30%
574
1674
7%
7%
.—lv.
common—
Bayre
Apr
5%
—
l',;vv
1
Inc
Low
16%
__
49
Scullin
Corp
Range Since January 1
High
2
1
Ltd common.
Corp
preferred
conv
0
Oil
Co
Aircraft
Lawrence
St
Bait Dome Oil Co
1%
Securities
Utility
Northern Indiana Pub Serv 5%
Novadel-Agene
100
it
•
Texas
RR
Penn
10
12
•
class A
Airlines
Northeast
475
97
9%
"u
'—fi
American
North
Low
Par
Shares
Apr
92%
9J0
.—3
94 % Mar
Sales
for Week
Range
of Prices
Apr
*
Corp common
Rayon
11%'
Jan
ha
Class B common
North
7%
77,700
9
Mines
American
North
11
Week's
Last
Sale Price
High
%
—;
Nineteen Hundred
MpisMiig
Low
96%
,
class B com
Nlles-Bement-Pond
Friday
%
warrants
Niagara dhare Corp
13
New York Curb Exchange
Range Since January 1
High
10
MAY
ENDED
STOCKS—
Shares
'96%
100
100
preferred
20.
Class
10%
1
WEEK
Monday, May 16, 1949
EXCHANGE
CURB
for Week
Range
of Prices
Par
CHRONICLE
FINANCIAL
Sales
Week's
,
STOCKS—
New York Curb Exchange
FOR
&
4
274
..
76
1,000
3
5
Jan
5
2%
Apr
4%
Jan
l'k
Jan
12
Apr
9V2
300
274
Apr
13%
Jan
Jan
i
'
Corp
Ogden
Co class
Ohio
Brass
Ohio
Power
4%%
Pomdexter
Old
B
15
com
Distillery
Oliver United Filters
Omar
108
100
new
class B
Inc
35%
106%
Feb
30%
Apr
8%
500
8%
12%
Securities
15%
7%
7%
100
1
14
Jan
Jan
Shoe Corp
Pacific Gas & Elec 6%
5%%
1st preferred
Pacific
Lighting $5
Pacific
1st pfd
Power Si Light
1st
preferred
5%
Paramount
1
Patican
2
Ltd
Penn
Power
&
1
Power
6%
29% Mar
U May
original preferred
4.88%
cum
preferred
4.56%
conv
_
Jan
8'A Mar
1
Feb
3% May
Southern Pipe Line
2%
100
174
Jan
2% Mar
Southland
100%
Jan
4%
4%
400
34%
3574
450
3%
3%
200
52%
53%
400
--
9%
--
10
•
50%
800
41'A
Jan
3
4.48%
2%
2%
2%
11'/a
10
Feb
Standard
Mar
Jan
$1.60
874
Jan
~2tt
600
2%
Jan
•V~3ft
1,300
1%
Feb
Apr
Apr
500
,X1074
Feb
11%
36%
Feb
39
2%
11%
65
.
18%
'v>
-
■
3%
680
-
274
-
17
6%
800
$7
69%
Jan
2"?% Apr
36%
Jan
15
10
•
33
33
8%
8
200
14%
•
_
(The)
24%
4%
Sterling
Brewers
Jan
Stetson
Jan
38
;
(J B)
Jan
11%
Jan
Apr
174
Jan
Sunbeam
7%
7%
96
96
7%
15
1,000
10%'
8%
10%
Jan
Jan
14 % May
600
9
•
■-
Stroock
Jan
Jan
94%
i
200
7%
10
Apr
9%
•100
14%
Mar
5%
Jan
3%
100
3%
Feb
%
Jan
100%
(S)
Co
19
19
20%
300
6%
preferred
Quebet Power Co
87%
30%
31%
1.5
1%
100
145
—*
460
145
85% Jan.
10
143%
Apr
200
14% ,14%
13%
Feb
Mar
1074
28%
3%
3%
2%
Feb
Feb
/.
Jan
274 Mar
274
Jan
4% May
67%
■
Jan
75
Apr
24%
Jan
Apr
15
Jan
5%
ve
•
Jan
7
./May
400
I.'ir.$i.:.'74 Mar
2,900
:
•
10
•—"i'-'
13
.
29%
30
Jan
13%
x28
Apr
41
'Ui-
1674
Feb
Mar
Apr
17
Apr
Apr
3
Jan
11
7 Mar
325
2%
274
1,000
■'
—I/"
■■
14
'-2%
-
^
-
■
__
574
1
9% May
Jan
7% May
Taggart
Corp
Power
&
V.sSrjr;-
1
common
Inc
Light 7%
11
2874
29%
14%
1474
3,200
■
lioo
pfd
f.
400
1474
•
11
28%
•
common
common
Shovel
Jan
Tllo
148%
Jan
Tishman
14% Mar
Co
nev;
Corporation
92%
11%
Jan
2974
Apr
10%
Jan
15 %
Apr
mkmm'
—•'
-
t
16%
16%
974
15
200
974
200
.""974
5
120% Mar
128
Roofing Inc
Tobacco
$3
convertible
Raytheon
Regal
Shoe
Mar
17%
Jan
974 May
1
i.
Realty
&
Allied
&
%g,'-
374
12%
•
9%
1,600
12
12%
1374
Jan
63 %
;,.8% May
11% Feb
1,000
6074
1
Construction-
Stocks
40
j
52
1074
-
Jan
.(Texas
18
Apr
Jan
19
May
U Jan
1
Mar
455
18%
300 ;
18
5%
~5%
3%
3%
374
600
1
3%
3%
3%
300
12
%
200
~5%
5% May
5,600"
..9
19
1774
19%
20%
•
20%
2074-
Co—
2%
Amer dep rets for ord reg
Cable Corn common
Field
174
450
2%
-500
400
2
600
Rotary Electric Steel
Rowe
(The)
Corp
Co
common—
Royalite Oil Co Ltd new com
Russekg Fifth Ave common
Ryan Aeronautical
Ryan Consolidated
Rv»>rgon
&
Hay tip*
For footnotes
Co
Petroleum
common
see
page 37.
Trunz
Apr
Tung-Sol Lamp Works
47%
47%
■'
:
.100
1
48
2%
9574
%
'7„
45
550
2%
95%
1%
v.
225
U
3%
3% May#
5%
3% Feb
% Mar
;
'
warrants
274
1,300
2%
*
IIIl
com
17%
1%
Jan
Ulen
Jan
Unexcelled
Chemical
274
Jan
Union
Gas
of
Investment
2
Feb
1%
Apr
f
2%
Jan
Jan
93
Feb
21%
Apr
27
8% May
10
Feb
8%
2,600
5
■
5%
1.000
4
Jan
28
-
1,100
28
May
7%
•
6%
x6%
1.25
8
-1
29
7%
200
6%
6,000
8
x674
Feb
5% Mar
■
■
I.
:
v•
f; 9%
Feb
/
/
2% Mar.
'24%
774
Jan
9% May
500
974
Jan
474 May
•11%
Jan
24
Jan
4-
••
l
_10c
Corp
1
•
Canada.
—
Co
4
^
—
Union Oil Co of California—
1
:
1%
Apr
2%
2%
400
174
Feb
374
Jan
9
5
Corp
$3.75
•
pfd series A
Union
Stock Yards of Omaha
Products
7%
9%
300
7%
Jan
9%
Apr
6%
Jan
674
Apr
92%
Jan
97%
Jan
57
Jan
*,
—
.'
#' ■4."
96
■
—
,J....
.
Jan
''
95
96
125
Apr
6% May
Feb
100
6%
Jan
574
Jan
5% Mar
5%
700
4%
4%
200
4%
Jan
United
Milk
Products
—
•
1.600
3
V
....
274
33
A
*
.
5374 May
—
—
2%
.«
—
United Gas Corp common
United Light & Railways
10 %
5% May
3% Feb
—100
common
warrants
Elastic Corp
United
*
com.!— —50C
Corp
Feb
Mar
5%
Chemicals
United
Apr
7
5
4%
5%
37
200
5%
•
Jan
Jan
8%
~7%
Jan
•
100
1
1.
Realization
United
10
Jan
n
4%
U
21%
25%
21%
;
-
2% Mar
98
Apr
2%
5,500
^•"' :'f '
•
— -
Jan
Apr
United Aircraft
5%
Jan
Jan
£1
8%
Feb
Jan
3%
<
•'
—-
*
preferred
274'
'
■7'
—
20% May
21%
5
Jan
'
'!
4% Mar
89
•
Feb
is
60
% May
1,000
3%
6%
Jan
Feb
Mar
91%
300
96
',74
'
1
—
Irtc
convertible
80c
•
100
.5
Inc
Tri-Continenta!
Apr
1
1
Rochester Gas & Elec 4%
pfd F
Roeser & Pendleton Inc common
Rolls Royce Ltd—
Roosevelt
Jan
20
56
Jan
•
,_70c
...
5%
.
■
—20
Royalty Corp
26
774
'
—:
...58
common
Toledo Edison 4 % % pfd
Tonopah Mining of Nevada
Trans Lux Corp
Union
-1
Rome
Toklan
IS Jan
Jan
•
.
\
Apr
May'
52% Mar
1
Dry Goods
Valley Gas
Corp) v t c
%
15%
.
Shipyard Corp
Jan
13%
63 % May
•I 'I1
£1
dep rets ord regis
dep rets def regis
■
Co
Grande
300
6.28
Richmond Radiator
Rio
-
•
.
.
Stlx
74
13,700
24%
com——*
Reis
(Robert) & Co
Reliance Electric &
Engineering
Rice
18%
%
common—.5
Reading Tube Corp class A
Ei
18%
10
preferred
Manufacturing
A
ltf
18%
_1
Rath
Packing Co common
Raymond Concrete Pile new
Amer
Todd
10
Feb
■
•'
Amer
A
Jan
'
V
—5
common
common
1074 May
26
300
%
Apr
Mar
3%
i7s
30%
30%
50
10
17%
17%
17%
10.600
16% May
7
28%
27%
28 %
14,900
21
Feb
2874
9%
9%
100
9
Apr
10%
QD
Mar
•
common
26
«
Preferred
Feb
Jan
Jan
39
% Mar
9,600
Jan
3074 M^y
21
21
Jan
Apr
Jan
Mar
United Molasses, Co Ltd—
Amer
United
dep rets ord
NJ RR
&
regis
Canal
...
—
—
100
——
—
—
244%- 24474
10
>
4% Jan
242 % Mar
!
Jan
Jan
12 %
;i
Jan
900
16%
Tobacco Security Trust Co Ltd—
Railway & Light Securities—
Voting common
Railway & Utility Investment
Apr
1274 Mar
98% Mar
21 %
R
warrants.
Jan
274
10%
•
"'
Aadlo-Kelth-Orpheum option
Jan
Jan
Feb
50
-18
1%
474
12%
:'.;<5
13
•V
•
.
A 10%
_
-25C
Feb.;
% Mar
100
2%
1
X
'
\ w274 May
12
.
Apr
11%
20
3%
30
Jan
2
•
150
;; •:"a/
2 %
Apr
374
■
12
Apr
274
'
t
2%
139
•
Apr
Jan
7;
700
'
"
s
Jan
774
4,900
73
2%
Jan
;
800
4%
7274
„
Feb
May
An6% May
200
;
1 %
11274
150
674
3%
•
.j
31 % May
Feb
%/"l% Feb
'
Corp
19
100
135
674
4%
•
Apr
474 Mar
Jan
Mar
9
1,200
135
—
21%
274
2,400
174
174
?
3%
,
18% Mar
100
9
174
I
135
j
74 Mar
874
T6%
-
2974
a
174
•'
Swan Finch Oil Corp
Jan
Thor
89
.1
i
9
-—'J
I—1
Thew
88%
Jan
"
—
■X
•
v# 4%
'
'
—1
Drug common
Superior Portland Cement, Inc
Superior Tool Si Die Co
Texas
common
"
Apr
6% Mar
100
4%
4%
■I
—
-
—1
...
i
common..
Tampa Electric Co
Oats
Jan
3%
;
I/:"
common
& Co
Technicolor
Quaker
Jan
'
100
—1
Sun Ray
•
2% Mar
1,300
com.
(Hugo) Corp
Stop & Shop Inc
1 %
•
39
6%
Feb
300
74
—
Stinnes
8% May
10%
5
Ii
31%
■
7%
—1
{Sterling Engine Co
Sterling Inc
Jan
Jan
•
Jan
29%
%
—1
Products
Apr
95 74
—
;
26% Mar
674
674
Inc
8%
Apr
300
300
j
Feb
26 74 Mar
7%
—10
Corp...
Aluminum
Sterling
2,700
-
'
...
May
23% May
4% Apr
3%
—
Feb
Jan
1%
99
—
30
700
2%
Jan
5%
10%
100
2974
Apr
Mar
1,100
.
"%
Co.
14%
-
Apr
27%
1
—.
Corp
12%
1%
—
44
27
~2~78
_
Products
95 %
400
*
Jan
24%
2%
8tarrett
10%
-
18
Jan
27%
•
Standard-Thomson
1%
7%
Apr
28
—"
•
preferred
Standard
Jan
32% May
7% Feb
400
%
Jan
37
;
v'
—
3%
B
Jan
6%
•
Apr
■
2,400
Feb
•25%
class
11% Mar
—
Manufacturing
3%
2,600
.■
—
93 % Mar
•
com
274 Mar
28%
—
preferred
4% Mar
800
i
1
Puget Sound Power & Light—
$5
prior preferred
Puget Sound Pulp & Timber
Pyle-Natlonal Co common
11%
6%
6'A
2.50
Providence Gas
Public 8ervice of Colorado—
4%% cumulative preferred
Jan
24%
.
Jan
Feb
3% Mar
100
—
5%
•
•
8
1,200 ..."
convertible
Common
Mar
Apr
62
1,100 t
374
—
~5%
100
B
Apr
27%
1
Dredging Corp common.
..20
preferred
Standard Forgings Corp
1
Standard Oil (Ky)
10
Standard Power & Light com
1
Jan
2%
11
•
Standard
Apr
24%
18%
Prosperity Co class
Feb
7%
29%
—25
Brewing Co
Convertible
3%
13%
Feb
64
-
37s
2774
_25
Standard Cap & Seal common
F<&
Jan
.50
1
1%
200
28
„•
Stahl-Meyer Inc....
Apr
21%
—
Producers Corp of Nevada
1274
Jan
29%
preference.;
Royalty Co
Spencer Shoe Corp
Jan
100
50
1
'J,
27%
29%
preferred—
cum
1% Mar
11
7
10
America
Jan
i96 May
3
300
274
15
25
conv
4.32%
May
21%
25a
common
874
1,800.
'
474 Mar
5974
Jan
9%
100
26% Mar
5% Mar
4% May
32% Mar
600
174
13
106
93
1,300
7%
_
—6
175
104% 106
'.
Apr
Jan
5,200
—1
1%
2.50
Jan
88 74
2574
•
27%
__
Steel Co of Canada.
common.
f
74
3%
7
25
preference
7
13-
5
Feb
10%
i9«
3
...25
6,200
53%
-
374
Edison—
11,320
-
•
Jan
2% Mar
__
274
—10
Line
8%
1
preferred
Lambert Co
Prentice-Hall Inc common
Pyrene
Apr
% May
Pipe
974
•
__
12.50
common.
California
23674
..
74
3
1
3%
35%
1
common
of
27%
Apr
shares
1st
Metals
Oil
774
Mar
— —
10%
1
Corp common
Penn
May
223
__
1
3
*
Pratt-&
Pressed
25%
—~
1
2%
2
Corp of Canada
Jan
-*
Amer
Alexander
23%
Jan
6
160
"
1
50
•
Mining Co.
&
200
Apr
t
Manufacturing common
5%
Jan
29%
i
19,000
,_50o
Pleasant Valley Wine Co
Powdrell
47
4%
,
2%
2.50
common
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
8cale
Mar
42% May
May
Feb
2,100
__
Co—
South
674
233% 236
-100
...
Pa
16
May
28% May
■
•
Corp
Coast
w'?;'
—
6
235%
.£1
__
Manufacturing
Southwest
Jan
13% May
«...
Paper Mills
South
Apr
Jan
Mar
20
Jan
#
\l
—
20
Pltney-Bowes Inc
Pneumatic
Jan
Jan
5%
1
_iU0
28%
106
•
Pioneer Gold Mines Ltd
Piper Aircraft Corp common
Polaris
400
4274
24 %
•
(Mass)—-
Ltd
Jan
Boss
60
107% Mar
Mar
11%
700
3%
— -.
%
100
common
Johnson
3
4%
5Solar
Sonotone
13%
16
8
1
Perfect Circle Corp
Pharis Tire & Rubber
Pinchin
Mar
1,100
1574
80
Feb
55
Jan
18
•
13
13%
•
28%
—
2.50
(The)
Governor
13
20
24%
1
Philadelphia Co common
Phillips Packing Co
Pierce
100
Jan
14%
Jan
10574 Mar
--
8olar Ahcraft Co
Jan
17
Apr
May
14
42%
42%
warrants
Light 4%% pfd
Peppercll Mfg Co
11%
24 %
Apr
19
Jan
4
53
:
*
(Howard;
Apr
Apr
12 % Mar
600
Feb
3%
'22 V4
Publications—
3/8
common
Traffic Co
Penn Water & Power Co
Pep Boys
7%
350
Smitn
300
"
•
Ltd.
**
Penn Gas & Elec class A
common
Penn
Feb
Apr
58
4
May
25 %
38%
14
•
4
25
oreferred
Corp
17,900
20%
19
Jan
Apr
Apr
55
—
Pennroad
Mar
14%
—
•
common
Rights
Penn-Dixie Cement
Jan
98
2%
16,800
8
19%
'2
23
cum
104%
Jan
Feb
14
5374
1174
Jan
W—
Simplicity Pattern common
Simpson's Ltd class B—
Slnger Manufacturing Co..
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Bloux City Gas & Elec Co—
3.90% preferred
Southern
Telephone
$1.32
;
20
•
$1 cumulative preferred
<
274
--
5
Apr
2374
——
8
Corp
Jan
38%
—
--
2/8
Jan
32%
15
100
19
•
36
Jan
1974
1374
•
$3 convertible preferred
Jan
94
.
m. ~
•
Co
874
Apr
10074
mm'
mm
1
Peninsular
1,500
•
Parkersburg Rig & Reel
Patchogue Plymouth Mills..
Co
34%
100
preferred
Motors
Pen
34
*
pfd
Page-Hersey Tubes common
Pancoastal Oil (CA) v t c
Pantapec Oil (CA) Amer sh
Parker
300
3
25
Pacific Public Service com
$1.30
7%
7% May
32'A Apr
29%
23
7%
33%
'
274
100
•
Canada
of America class A
Simmons-Boardman
-8
200
53
.25
common
Silex Co common
Pacific Can Co common
974 Mar
eoo
274
21%
100
Breweries
Slck's
10
27a
preferred
Sherwin-Williams of
8 % May
Jan
7
4 %
""/I
21%
•
-
Sherwin-Williams
—
10
—
Sheller Mfg Co..
Mar
14
—
'
•
common
Shawinigan Water & Power
Feb
2274
Apr
Apr
14% May
1,000
1
,
——
Shattuck Denn Mining
Apr
9%
Jan
11
14%
15
31%
Leather
Seton
Jan
112
1
Control
Serrlck Corp class B
Safety
Sentry
Jan
40% Mar
Jan
50
1
O'okiep Copper Co Ltd Amer shares
Overseas
150
1,500
8%
X
•
2%
Feb
30%
40
30%
30%
2
1,300
108%
39%
•
common
preferred
Natural Gas
Oklahoma
2%
2
SOfl
common
474
Feb
246%
Feb
1
Volume
THE; COMMERCIAL
Number 4803
169
YORK
NEW
RANGE
Friday
Last
STOCKS—
New York Curb
United Profit Sharing com
10%
preferred
United
■
Shoe
.25c
10
25
25
1
_10c
Machinery common
Preferred
>
_
United
.<
U S
Specialities common
Air Conditioning Corp
U S Foil Co class B
U S Rubber
l-/-.
Reclaiming'Co
United Stores Corp com2l~£_
Universal Consolidated Oil
/
39
7V2
7-%
1
1
37%
100
7514
1,300
*>•■2%
7514
3%
~2%
4oy4
*0
3%
~2%
1
Jan
83A
Feb
1%
Jan
:%'/•
4i %•
Mar
3%
1 Jan
75
334
1,000
15% May
*
Feb
Jan
6*4
A7s
Nov
ex
Co—*
900
-
35 >4
Feb
24 %
-
Altalian
Kansas
Superpower
6s~
22%
*2%
2%
3,100
2
23%
233/b
23%
400
21
Jan
100
22% May
J-J
4%s
i
,
,
New
Feb
26
2%
N
Y
Power
Apr
23% May
Venezuela
Syndicate
1
4%
20c
Iric
;
•••
:•
634
Jan
71
May
4% k:
2%
■
"i
1st
2%
4 T
1,000
-
/
400
534
Aircraft
Waco
Co
$2
1
"1%
30
8%
preferred
cum
Watch
Ward
_L
Co—1
Aircraft
West
Utilities
Texas
1
1.25
Western
preferred
$6
Maryland Ry 7%
Tablet
Western
Westmoreland Inc
Oil
River
Wickes
(The)
Williams
(R C)
-
Jan
1st mtge
1%
11,500
34
Feb
2%
Jan
33/a
900
2 34
Feb
4%
Jan
Spalding (AG)
1%
1,200
114
Jan
1%
Apr
AStarrett
6%
700
6% May
7%
Jan
115%
Feb
Mar
155
100
22%
Apr
26
30%
Apr
36
21%
14 Vb
100
16 Viz
2V2
600
8 Vb Mar
9
150
5%
Feb
8
Apr
9
Apr
10
Jan
Apr
5
Jan
7
9%
25
3%
400
14%
14%
30%
30 7
27/a
14
50
.V
Feb
10
£1
*
10
200
10%
103/4
400
8
8
974
107/b
10% Mar
7%
Jan
Jan
'
Sale Price
Bonds
series
'Boston
13
105%
96/4
5%s A
1955
M-N
1007/b 101
20
100%
(20%
1964
j-j
106% 106%
106
Cities Service
'■
5s
Debenture
,—
3s
;
(Bait)
Gas El Lt & Pwr
1st ref mtge 3s ser
1
1st ref mtge
234s ser Q
Consolidated
Gen
Gas
•'
'
// '
•
/.•
•
-
1st mtge
99%
Danish
M-S
106 %,:
106% 106%
J-J
106 %
105
A 1st
m^ge 4s
ser
B—.
103
Elmira
Lt
Water
&
Marelli Elec
Ercole
106
107%
203
87
913%
90%
91%
Cons
RR
5s
A-O
563/4
55%
*37%
55
6
98%
48j4
9634
34
100%
116
55
+48
+
33
1963
*103
103%
102%
;
:
A7s
J-D
55
54
105% 105%
1053b
vt
$52%
104%
6
listed
on
are
58
105%
55
"i
(ser ABCD
/
,,
Jt
to
1972
2008
E)_^—1997
(Plan A)
2%
Government
6%s
5 %S
52%
Odd-lot
par
value,
a
transaction
gReported in
trials
May
May
7
9
May
10-
May
May
1112—i
May
13
*
roads
ities
175.39
175.17
174.37
174.40
Date—
15
47.43
47.25
47.11
47.17
47.35
47.58
174.70
174.82
.*118%
109
1183%
Bonds
65
Stocks
55
used
55
37
56
32
55%
Jan. 1
—
37%-; 41%
40%
&
r-v
85
r
79 -
79
*11%
%
1/70^*81%
79%
12
;
12%
6%
M-S
15%
6
13%
15%
M-N
J-D
27%
28%
4
24%
29 ;
40
40
8
37 y8
41%
Df-N
A-O
J-D
J-D
*45%
413%
43
80
61%
80
*28
30%
26%
31
18
18%
*45%
■
'
.
■
*26
•$75
J-J
18%
J-J
2012
1919
15%; 18%
68
V
24%
4
26%
J-J
26%
27/8
2%
3 Vb
100
23/4
3Vb
99
2
.29
2
27/B
J-D
M-S
ABonds being
traded flat.
'
-
3%
3%
transacted during current week.
sales being
•
J
v
.
;■>
above—"cod," certificates of
"conv," convertible; "M," mortgage; "n-v," non-voting
"wi," when issued; "w w." with warrants; "xw," without
stock; "vtc," voting trust certificates;
warrants.
Over-lhe-Counler Industrial Stock Average
(35 Stocks)
Quotation Bureau, Inc.
Compiled by National
10
First
Second
Grade
Grade
Util¬
40
May
7
Rails
ities
Bonds
May
9
31.40
May 10
31.27
Range for 1949
31.39
Date—
Closing
•
Total
35.89
63.22
101.69
102.13
86.40
103.58
98.46
35.85
63.10
101.72
102.20
83.14
103.55
98.40
35.75
62.86
101.75
102.22
85.96
103.61
62 90
101.75
102.21
85.96
103.58
98.37
May 11
35.92*
63.06
101.77
102.27
85.80
103.59
98.35
35.85
63.13
101.77
102.38
85.76
103.59
98.37
May 12.
May 13
-
.
31.19
-
—
31.13
33.26 Jan 24
3105 Feb 26
.
Range for 1948
31.23
-
98.3b
35.80
High
Low
.
High
;
,
,
' n
•
"cum," cumula¬
deposit; "cons," consolidated;
tive;
stocks and bonds
10
High
14%
Indus¬
Rails
Range Since
Low
No.
High
*83
J-J
10
trials
102
Sold
Bid & Asked
Bonds
Total
119
100%
„
40
J-D
10
Util¬
108
108%
*67
receivership.
Abbreviations
31%
1
52%
56
55
-Stocks20
86
1063/4
Deferred delivery
(not included In
32%
5
the daily closing averages of representative
Rail-
82%
2
106
*67
54
*53
—
30
17
28% -50%
transaction (not included in year's range), d Ex-interest,
year's range),
f Ex-distribution, g Ex-stock div.
h Exprincipal.
n Under-the-rule transaction (not induded in year s range),
r T^saction for cash
(not included in year's range),
x Ex-dividend,
y Ex-rights. ■ z Ex-liquidating dividend.
»No
e
56
*52%
J-J
Indus-
84%
-
A-O
J-J
1921
reduced
31%
■
-
the New York Stock Exchange as compiled by Dow, Jones & Co.
'
85
/
63
102%
1033/4
Stock and Bond Averages
Below
1
Week's Range
or Friday's
*.
Sale Price"
—
32%
2
52%
52
52
F-A
1952
coupon)—;
52%
-
1952
(July 1941
*53
.
52%
5
1947
1947
1931
JFriday's bid and asked prices; no
series F
A7s
J-D
J-J
1955
1955
1957
1957
C
1941 coup)
L_
(Aug 1941 coupon)
A7s
>
.
(Republic of)
Interest
Sec—
A6%s (Dec 1
A7s series E
it:
•
series
reduced to 2%s
Is to 2%s
41
A
Mountain Power 33/4s
A6%s
Peru
ARusslan
101%
y
*1
City
Bank of Bogota—
A7s (issue of May 1927)
A7s (issue of Oct 1927)
A Mortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
Parana stamped (Plan A)
Interest reduced to 2%s
117%
15
60
r
63%
403/b
41
*117%
M-N
100%
J;'";
112%
.97%
1958
537/b
100
50
Low
;
111%
M-N
May
1970
Last
Interest
Mortgage
103
3 Vis
/•/•
10134
60
& Lt
30
6
101% 102
F-A
1952
/.-/.V1:
' j
106 %
mi'/a
J-J
M-S
*
■
J-D
F-A
101%
*101
Power
:•
2
48
100%
*104
A-O
1953
99 %
J-J
Power
52
107 y41073/8
J-D
5s
102 %
M-S
ii;
V."r
M-S
External
Danzig Port & Waterways—
AExternal 6%s stamped
Rio de Janeiro stamped
Guantanamo & Western 6s
18
14
40%
;
1043/4 105
10434
1950
International
52
50
M-N
*ioo%101
A-O
M-N
1961
Indianapolis
18 V*
95%
127
*15
(Peru) 6%s stamped_1958
stamped (Plan A)
2008
AMedellin 7s stamped
1951
Grand Trunk Western Ry 4s
(
72
43
100
50
1955
Interest
A6%s ex Nov 1 1947 coupon
1953
Finland Residential Mtge Bank—
Green
63
Maranhao
1940 coupon—1953
stamped
123
5
Municipal Loan—
105%
__
*100 % 101%
j-j
v
25
71
39%
40
J-D
5%s
104%
993/4
+105%
Mfg Co—
A6%s with Nov 1
5s
'K
External
104%
27
91 %
J-D
1965
1956
Eastern Gas & Fuel 3VaS
125
70
82
Mortgage Bank
Agricultural
107
18
106 % 106%
3
13
103% 103%
A-O
1993
1993
•
96
102
Division—
of N J
4s ser A—
'f
92%
162%
100%
Delaware Lack & Western RR—
Lackawanna
r
89%
1954
£1
' -•/•"/.
".'i
•
59
160%
20
102
—102
108%
(Bait City)—
4%s
mtge
100%
105%
*39
Period
22
1962
993/4
104%
82
48
/•- /
99%
1981
'
1st ref 234s series R
'
-
9534
106%
4
—
2%s conv debs
•
..
..
125
Friday
BONDS
98%
106% 107
" *162% 165%
—
■
M-S
1969
1976
••
100
*15
New York Stock Exchange
ALima
P
;
104
106%
*81
/
—
A-O
1959
94%
1977
-
>.
■
Union—
»•
Consol
J-J
1954
99%
1958
5s_
106
103 7/b
<
953/4
1969
Debenture 5s
Debenture
Hotel—
debs
M-S
Q-F
1954
Jan 1966
105%
104
106
*105% 106
V
1956
1956
J-J
106%
J-D
1948
redeemed)
V
'.100
A-O
(Col) —
A 20-year 7s
April 1946
A 20-year
7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
J-D
1970
105%
Foreign Governments & Municipalities
•
1998
114
102%
103%
Co—
coupon.
1063/4
redeemed)
(20%
A5%s
1
Newspaper
102 %
6s
*103
'''TT*.
'
1946
6s conv s f debentures
101
^Central States Electric Corp—
A5s
M-N
~
—
107
97
1960
113
100
6
29
High
106% 1063/4
100 >4 101
234s—
Edison
Low
No.
High
10634
100 J/2
:
113%
X
Jan. 1
j-D
C
Steel
'Bethlehem
Sold
j-j
3J/4s
Canada—
of
Telephone
5s
income
Range Since
Friday's
or
Bid & Asked
1970
Atlantic City Electric
•'Bell
1947
Week's Range
Last
Period
1953
deb
Assoc Tel & Tel
101
Apr
414s—:
Electric
F-A
,,—1946
1940 coupon
1
Dec
ex
A5s
8 34 May
lii
Low
Appalachian Elec Power 3'As
'Associated
104
1053/e /-■ 105% 1057/a
1
Waldorf-Astoria
Jan
3,300
Friday
Interest
BONDS
New York Stock Exchange
J-J
Washington Water Power 3y2S_—1964
West Penn Electric 5s
;
2030
West Penn Traction 5s
1960
Jan
14
Jan
Aug
ex
A7s
Apr
33
1043/4 Mar
Jan
400
"2%
2
—
156%
101%
100%
•
» *105% 105 7/b
„
A-O
.148%
-1
"
Hydro-Electric Co—
1940 coupon—1953
Western
Ltd
3
Industries—
stamped
A7s with Dec
'
100
2nd
United Electric Service
•'
15 % Mar
Mar
2314
400
—
8
.
A-O
1966
Corp inc 5s
*110
—,
F-A
1947 coupon—1953
United Electric Co of N J 4s
1949
Jan
8%
9%
--
M-S
T
5s
(Hugo)
A6V'2s
May
3%
8
7.
-
;XY:
*100
'
A6%s with Aug 1
Jan
19
8%
b
Terni
1534 Mar
Feb
Apr
7
5s
-15434.1543/4.:
1023/4 l03
—
3V4s
Corp—
7-4s 3rd stamped
A7-4s
Woolworth
American deposit
iff
ii
50
Apr
200
2
A
Jan
18
*.
26
(Hugo)
Stinnes
Feb
125
15
——.
Stinnes
.
j *
,
1970
(Calif)
Elec
collateral trust
5s
Apr
22%
32%
18
8%
t
A-O
1989
1950
Gas
&
Gas
95
*15
1971
3 %
14%
25
Inc_"
6% preference
Wright Hargreaves
55
1970
3s
Southwestern
214 Feb
*
100
Petroleum common
(F W) Ltd—
receipts—
Woodley
*43
1973
3%s-
Gas
Counties
Jan
18
1
pfd
Southern
214
103/4
14%
1
common
Industries
Woodall
106
J-J ;
A—
California
Apr
2014 Mar
5
*
5% preferred w w__i
Winnipeg Elec common—:
■
105%
——1973
series
1st & ref M 3s ser B
Apr
139
1
4%%
106%
106
100% 100%/
114
1
& Co
Inc—_
Wisconsin Pwr & Lt
105%
106
104% 105
7'4
22%
10
Corp
Corp
Brothers
105% 105%
J-J
100%
50
10
Products
Willson
Wilson
J-D
1970
104% *
3%s
108
104 V*
93
M-S
Southern
104%
106 J/2
.
*94%
A-O
Jan
32
...,.,10
103
3s——1965
Mar
111
Jan
65
105%
105%
Co—
Edison
California
1%
32
58
104%
..
J-J
M-N
1
Apr
9S4
Apr
Mar
112
20
r.
174
Jan
8y2
.
,1033/4
104 V*
Jan
6%
6%
com—*
Whitman (Wm) & Co
Wichita
*104
A-O
debs
1
c
— —
60
104
UTOIVB 1073%..
A-O:
J-J/
1,300
8%
*
Weyenberg Shoe Mfg___
,
1%
100
1st pfd—100
Stationery
—'
&
Westmoreland Coal
8%
3%
Corp_'_
300
-
"1% "l%
1
Baking Co warrants
Warner
85/s
109
.1
Wentworth Manufacturing
1%
8%
1
102
Co—
Gas
&
.
*105 % 106
1
1940 coupon—1960
Elec
6%
Southern
1%
8%
Waitt & Bond Inc
Waltham
Service
.
J-D
—1998
Queens Bbrough Gas & Electric—
5V2s series A
1952
Jan
1234
Apr
101%
„..
3s_1981
San Joaquin Lt & Pow 6s B
:_1952
Scullin Steel inc mtge 3s_—£_£-£_ 1951
•
'J
^rust ctfs ext_*
:_i_;
100
Wagner Baking voting
7% preferred
Hydro-Electric
-50-year
.
Jan
3
Mar
214 May
11 Vb
40
105
io87/b
100 Va
M-N
mtge 3.%s~—J
-
Public
Apr
,.
w
'
58%
.104
/ lA6%s ex Oct 1 1947 coupon-—1960
3414 Mar
*
M'X
•:
Feb
Mar
x31
200
1-'
■
'
4%
2%
Vogt Manuafcturing—^
'
5%
,? 64
-
'
21
102%
*ioi3^ 102
60-j
Safe Harbor Water Power Corp
Petroleum-!-'
Venezuelan
300
5%
41
'
3s
A6y2s with Oct 1
x31
50%
108 3%
1
,
.
to
1968
1971
Park Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3y4S_1964
1st mtge
Piedmont
x31
40
105
M-S
Ohio
V
5%
•r
A-O
4%
78 %
J
108 7 8 108%
■
F-A
Gas
3%s
1
5
*
High
62
273/4
40
J-D
1963
at
49
.
52
*104
J-J ;
1966
—1969
1956
Light 4%s_„—1967
England Power .3 %s
——-1961
& Westchester Ltg 4s
2004
Milwaukee
Jan
x25y2
Feb
•
Valspar Corp common-$4
convertible
preferred—^
Vanadium-Alloys Steel CoJ
U X15
3%s
Valley RR— /
.
Extended
78%;
*49%
Light 3y2s
&
McCord Corp deb
Midland
Jan. 1
Low
"
1952
—1963
Electric Power
Kansas Power
Range Since
Sold
No.
High
'
41J4 May
•
Feb
22%
-
Bid & Asked
•
1952
1947 coupon—
1
Bonds
or Friday's
_
76%
'
2%
:
/
78
J-J
—
1940 coupon
A 7s with Nov 1
.
Jan
Jan
ctfs
escrow
Isarco Hydro-Electric
.
Jan
l3/4
2%
Feb
: -Feb
2
22%
,
Week's Range
Last
Sale Price
Period
.
Co—
Power
ADebenture
79% Mar
Apr '
•1%
200
-
5
common
Jan
4034
•
V1214 Mar
1,600
10
i
52 %
•
Interstate
Jan
7% Mar V
3,700
•»
Exchange
Low
Apr
7%
Jan
1 Vo
3
Interest
New York Stock
114
Apr
15%
-
2%
37 a
280
7%
14%
•.
13
High
441/2 May "
k
3,175
-r
10
Universal Products Co common
Utah-Idaho Sugar
Utah Power & Light
4614
38%
10
—
Insurance___ii_'
Universal
44%
•
1
1,
50c
U S Radiator commonf-
Low
38%
15
MAY
BONDS
High
44%
•
EXCHANGE
ENDED
Range Since January 1
% May
•
WEEK
(2129) '37
Friday
Shares
5%
•
CURB
FOR
CHRONICLE
for Week
of Prices
Low
v
1 /
__
;U S and International Securities
t • ■ $5
1st preferred with warrants
r
V
Par
FINANCIAL
Sales
Range
Sale Price
Exchange
■; ;■
-
Week's
&
Low
37.83 Jun 10
32.37 Dec 29
-
'•}.
38
COMMERCIAL
THE
(2130)
&
FINANCIAL CHRONICLE
Monday,' May 16, 1949
OTHER STOCK EXCHANGES
*
RANGE
FOR
WEEK
ENDE® MAY
M
Friday
Exchange
Week's
.
Last
STOCKS—
,v'
of Prices
Agricultural Chemical
Sugar Retining—
American
American
American
Tel
35%
.—100
141%
100
Rights
—
American Woolen
Boston
115
36%
May
1**
May
25
579
■
Jan
Jan
38%
-
Co
40%
Jan
43% Mar
Montgomery Ward
16
Apr
19%
National
Pressure
National
Standard
42
42
42%
1,898
16%
16%
16%
876
.15%
t8%
9%
Jan
16
-
Feb
36% May
£4
- Jan
>.
"19% Apr
•
100
-jtf
Jan
'36% May
100
■
,,11
2
^
2%
»
7%
7%
»
—
Feb
12
7%
2,450 ;
7%
•<
i% Feb
2,200
»
Mar
Apr
-t •
12%. 12%
150
12
150
21'/r Apr"
22%
4-
4
11-
-Jan
Jan
25
Jan
fi-
Feb
4% Mar.
Mar
Jan
52%
100
53^ 53%
*
ri
'14%
Apr
4
20
-2% Jan
1
22 y4
,*
common,j—1
& Co
300
-High
'*
7% May
*'
10
*
——;
Mfg common.,
Monroe-Chemical
Jan
100%
Apr
vtc
Inc common
50
11
t,
5
preferred—
prior
SI
15%
36%
.
Miller ft Hart
Jan
120
'
r
■
15%
^
Feb
35
May
,
goo
.
Products——-1 i
Mickelberry's Food
*,
common.:
Middle West Corp: capital—
lit May
27% May
*
ft -Co
165
106% 107%
107%
25
——
26%
28%
Marshall Field
7%
15%
*
Co
Low
High
7%
1
Modine
100
—
Edison
—
141
99,560
common—:.
Printing
Ranre Since January 1
-Shares
36 Vs
20% "20%
7.
Napes GonsoL Mfg Co cap—•——
Jan
150%
32% Mar
125
3,537
-
1A
26%
60
Boston ft Albany RR
36
40%
Low
Par
.
Lincoln
High
34% Mar
15
27%
—* '
Anaconda Copper
36%
1A
Low
»
'■
-•
-r
for Week
Last
t:% ^Range
Sale Price
of Prices
-
Llbby McNeill & Libby common
Range Since January 1
Shares
'
142%'
141
1%
v
;•
High
35%
—
Tel.———
&
Low
Par
•
Sales
for Week
Range
Sale Price
..fSTOCKS—,
Sales
Week's
Friday
Boston Slock
Boston Elevated Railway—
—100
Stamped
.100
prior preferred
pfd stamped-
1%
5%
8%
B
class
stamped
pfd
1st
38%
38%
5
.100
class A 1st
.100
-
6%
43
4%
Feb
6
Mar
275
5%
Jan
7
Personal
Boston
15%
15%
Trust-
Prop
Hecla
&
Service
Cities
-10
—.—
16%
—
3%
20
47%
.17
14% Mar
170
3%
45%
5
—
—
Bancorp
common
common
1
271
Apr
5%
3% May
"
5%
Penn
Jan
prior preferred
Elec
National
First
28
Kennecott
Lamson
Racing
Narragansett
common.
*
26
26%
1
10%
10%
19%
Jan
23
Sears
capital
*
37%-
37%
37%
31
Apr
35% Mar
common..
1
10%
10%
10%
common.......*
24%
3,265
35
New
Service
May
Roebuck
Serrick Corp
class B
53%
Jan
61%
Feb
44.79
Apr
Sinclair Oil Corp
Feb
40%
Jan
Society
26% May
33%
Apr
44.61
37
37%
1,855
35 %
26%
27%
627
5%
500
4
Jan
42% May
56%
40
Feb
41
14
14
5
10
Jan
14
10
64%
Apr
Butte
':>Y
—
Bend
Works
Lathe
Sunbeam
Corp common
System—7—20
,—100
Feb
36
Mar
41%
Feb
Sundstrand Mach Tool new Com
.6
6%
Fruit
Apr
50%
Jan
Swift &
25
29
11%
11%
32
24C
1,600
10%
1,951
8%
Texas
Co
capital stock
Co
11% May
Apr
15%
Jan
Trane-Co
(The)
Jan
25c
Jan
208 South
La Salle St
Jan
Apr
87%
79
460
6%
6%
12
Apr
200
30c
15%
288
14% Mar
•
14
Feb
Jan
9%
United Light & Rys
Corp.—
45c
Jan
17%
4% Mar
12%
Feb
5%
Apr
15%
Apr
14%
460
16%
270
12%
Feb
16% May
85
31%
Feb
48%
49%
44%
46
38%
38%
38%
,
When
issued
22%.
*
Wieboldt
■
48
4,261
STOCKS—
Admiral
(J D)
Co
Corp
Advanced
Last
American Tel & Tel
Rights
Par
7
Apr
54% Mar
40%
44% May
52%
Jan
Co
39%
Jan
American
Apr
125
36% May ^
43%
Jan
Anaconda
512
22%
26%
Jan
Apr
Range
Low
Asbestos Mfg CO
Athey Products
LOW
40%
100
Avco
Mfg
Corp,.
Berghoff
Brewing
10
Corp
4% Jan
141 % May
5 %
200
24
23%
200
22%
11%
400
11
50
"
10*A
Borg-Warner
Corp
tE
Butler Bros
J)
)
common
15%
V
CAtr-Consol
Biscuit
Central 111 Secur
common
28%
24%
150%
Jan
•
^
;
*
—-1
Nash^Kel^nator'-Corp.
v33%
Jan
400
14V4
---100
10% Feb
13 %
Jan
Jab
10%
Feb
11-%
Apf;
1%
Jan
Paramount Pictures Inc new com
Jan
6 % Mar
7%
Jan
100
>
-
;
■
-100
...
..
Pepsi-Cola. Co
•- -100
Pure
Oil
Co
(The)
Radio-Keith-Orpheum
15%
Feb
6% Mar
9
Feb
7%
Jan
Republic
10%
Jan
Rexall Drug
Steel
Corp
Apr
53%
Jan
Mar
49%
Jan
2,
.
1,900
.
Cent
ft
8
Util
W
Cherry Burreli
1
13%
250
11%
Jan
14%
12%
1,400
10%
Jan
12% Apr
10%*
72
74
52%
Flour
Fox
Mills
of
i2%
12%
12%
-200
--
11%
11
11
"3%
7 3%
3^8
9%
9%
,
66%
Jan
52%
600
50
Apr
57%
46%
100
39%
Feb
100-
100.,
5
20%
21%
100
20
Apr
26%
26%
2,800
25
Jan
28%
29
25
common
26%
preferred (new)—50
5%
"3%
(The).—
H)
common
Great Lakes Dr & Dk
common
Hammond Instrument Co
Heilman
He in
(G)
Werner
Horder's Inc
Hupp Corp
Brew
.
58
8%
11
27%
—
•
14 %
Corp
cap
16%
1
common—,—3
7% Feb
200.
38
*
8'/e
Jan
12
-300
25%
Feb
32
Apr
11%
11%
400
11%
Feb
14%
Jan
8%
8%
—.
700
7%
Jan
9%
Apr
.-
300
27 Vb
'Jan
5%
Apr
4
21
20%
5%
7%
95-
Jan
12%
Jan
9
Apr
14%
400
14%
15%
Jan
700
16%
950
8% Mar
Jan
15%
6
200
6
15
50
xl5
2
200
2
9%
500
17%
460
Feb
Apr
.
Apr
(new).,——•
common
common
*
Cumulative preferred
For footnotes
see
•
page 46.-
•
1/128
■»
6%
-27%
1/128
24%
24%
25
200
14
14
15
3,100
11%
11%
36
36
1/64
1,000
6% Mar
200
4','c
20
11
Mar
17% May
9%
17
Jan
25
;»
5
'
Apr
Jun
11%
Jap
Jan
'
•
.
..
22
*21
V-
**'
»
»'
-
75
Kahn
(E)
1
•
v"
f
10
common
-
,
;;
Apr
Jan
II May
.
102%
Apr
7%
67^8 Mar
,..76%
Jan
11% Mar
12%
Jan
5
*•
'SO",
750 ;
Feb
v'1'.
170
4%
7,
r
7% Jan
4 % May
6
Jan
8 Va
Feb
"
Jan
*'■
'!
51
*
;
12
12
18
27
16%
Feb
-19V'4 Mar
."51%
17%
_,
...
Sons
•
8
29s,e
Apr
Jan
100
342
11%
Mar
23%, Jan
% May
28
,
25 "2
•
'
Eagle-Picher
Gibson Art ■
4%
7
:
"
May*
26V8
228
1,198
5%
*
May
6sb May
117
6%
29
11%
-.'4%
—*
:
'
;■>
Low
;7l% -71%
11%
*
:
5
71%
50
Tel
Crosley Motors
Dow Drug common
May
22
35
44
Jan
51% May
Jan
11% Mar
13V2
43%
155
.12
50% May
Jan
Jan
Lunkenheimer
18%
Jan
Magnavox
May
3%
236
"
11%
36
Jan
Jan
Range Since January 1
x
May
Jan
Jan'
21%
11%
"""85
;
102%
—100
preferred
Cincinnati Street
16% Mar
11%
16%
Feb
11.
•
.Shares
"
Jan
Jan
1/128 May
23% Apr
10
Jan
Feb
Sales
%
St',
102% 102%
§S
2%
9
r,'
22_f:.22%
21 ^ 21%
29
Rights-
Feb
;
Jan
High
Low
'
8.50
common
Cine & Sub Bell
14%. Jan
Kroger Co common
Miami
1
Procter &
27%
Jan
Randall
15%
Feb
Rapid Electrotype
U S Playing Card
U S Printing common
Feb
39%
Feb
Gamble.—
class
B_*
__
64%
*
*_•
;—*
18%
V
10%
10%
64%
64^k
448
9r
»
.«
.*
__
10
•
50%
93
17%
49%
:
■:
Co
93
=
50%
*
__50
gtd.
1/64 May
13
"294
-
Little
Harvester
& Elec
Cincinnati Union Stock Yard
19
Jan
73%
for Week
Range
ef Prices
_—
Jan
50
17%
Feb
9% Mar
900
(
.
Week's
.American Laundry Mach—,—.20
Champion Paper & Fibre
*
21
Churngold Corp
—,,
Jan
6
9
11% ;*
,
Par
17
2
16%
500
10%
11
-.■v..
74
19%
Jan
Feb
16%
.
-
65%
14»/8
100
—
Sale Price
Jan
32%
Feb
15*
Apr
30
Apr
1,300
19
Last
3% May
13% May
15
16%
"
'
100
1
10
16
Friday
300
14%
.25%
■■
68
Feb
—•
capital
16 "
16
STOCKS—
62%
9%
13%
4% "'Mar
Cincinnati Stock Exchange
6% May
26% May
27%
20% May * *
.100
5%-'
„
68
i
Jan
56%
26%
Apr
24.% Feb
Jan
600
Feb
...
10%
Mar
400
;
.,19%.Mar
7
; .:■» 400
*
common..
400
-
-
Jan
1
"
Corp
Cinn Gas
450
Jan
4%
Feb-/
2%
6
7%
16%
May
May
75
13%
Feb
Feb
8%
11
1
1
Corp
Wilson &• Co
.,
305's
1
59
6%
13%
"
11
common
Co
Spring
10% May
5% Feb
20%
Kellogg Switchboard
Leath & Co
6
6
Jan
10
10%
Independent Pneumatic Tool common.*!
Indianapolis Power & Light Co com
*
Rights
International
50
10%
common
Illinois Brick
40
20%
common
new
5% Mar
2%
10
1
Co
850
1,700
70
common —.10
Harnischfeger Corp
r
28% May
70
8%
5
Razor common—,
(W
40
10
5
.1
General Motors Corp cojmmon
10
Gibson Refrigerator Co- common—*_1
Co
6
3%
40
70
Inc
America
Safety
United
Jail
10%
—15
Corp common
Sunray -Oil
--
Apr
k 15'%
30%
.10%
25
46% May
28% Jan
27% Jan
(Peter)- Brewing common.:;.:,—1%
Gossard
Feb
Steel
Studebaker
7%
Apr" '
3%
300
22.
22
;
Jan
IOV2
300
*
1%
Standard Oil of N J
Standard
1 Va May
4%
-
Jan
46%
General Candy class A
General Finance Corp common
Gillette
13%
51%
Corp class A——,1
Eddy Paper Corp
10% May
10
Dodge Mfg Corp common—,———10
Domestic Credit
400
Inc..——
Co
cum
4% Mar
1% Jan
;
Commonwealth Edison
Consumers Co
% Mar
74
Towel Co common—L
_*
Chrysler Corp (new)——
__2%
(The)
Feb
2
Jan
13%
Chicago
Cities Service Co common
Coleman
200
200
Jan
9%
12
12
5
,
3%
1%
22
10%
50c
common
•3%
1%
*
—
—
common
Corp
3%
Apr
6% May
v
7
•
2%
Socony Vacuum Oil Co Inc
16%
Jan
14% Mayf
3% Jan
1,100
1
—
common
40
50
Jan
39%
•
Inc
43
300
7%
Feb
•
common
50
7
Apr
Jan
May
6%
1
common
Corp of America
100
16%
Jan
9%
11%
■
f 6%
;
33%
*
47%
6%
8%
/
35%
-
700
14%
Airways Corp.,i*—2%
43%
16%
Jan
'
1
37%
7.1%
.■>
Yhrto* Central- RRr capital—,,,—*
Motor Car.,.
•
American
12% May
100
:
14%
Jan
650
,.
f
37%
-37%
5
57/s
9%
Jan
28% May
11% Mar
400
;?■* 6%
2%
6%
Jan
103%
1
Co
FttbHc.'Utility Corp..,——5
1
Apr
4% May
1% May
13
Jan
89% May
28%
1
General: Electric
950
300
'35'
Mar,
26%
'l Y-
28%
12%
May
-
Apr
—*
■
Pan
:
24
300
Jan
New
.6%
27% May
1,400
;
*3
Feb
Jan
6%
10
14%
6%
7%
1%
Feb
Apr
7%
1,'. May
13
1,
•
Jan
10%
Jan
200
43%
*
f
,779% Apr.
,
2%
500
47%
Corp common—
Convertible preferred
.
7%
8%
5% May
500
6%
Jaa
11%
100
6%
1% May
600
2%
Jan
vl3
800
8%
1,000
9%
—.1*.—10>'
May
26
200
./•-
7-:
12
"-Y',
.
;11';
2%
9% 7 9%
6%
Inc (The)
5
common.
24,
'i
Fey
1
System
9,700
5
10%
11%
—"
capital
(E L
Jan
Apr,
Jan
78%
/
May
11
Schenley Distillers Corp..
common
Brach<& Sons
41%
28%
-
74%, Feb.'-,,
"500
:
Bruce Co
Jan
.
44% Mar
-
Apr
-
25
t,
:
Apf
24
"
12%
5%
2
„
55% May
,,
Jan-
69
12%
1 %
1%
L_
Apr
26% Mar
11
1%
6%
I
36%
100
1,100
24%
Apr
4%
10
500
38% ^
28%
27%
28%
25
Co
GrahahfrFttfge Motors
Laclede Gasv.Light—
Jan
1%
1
—
Borg (George W) Corp..
r
Feb-
May
11%
Radio
Belden Mfg Co common.
43
11%
Ry
14% May
19%
1%
,__3
21%
|1
Pacific
Gas
General-
Feb
5
3
49%
2%
•
new
common
5%
_4
Feb'
300
,
43%
11%
Farnswortlt Television & Radio
High
1,000
141 % 142%
Steel
40% May
1,700
5%
—
Feb
1
11% Jan
32% Ja»
200
150
?
50
Corp————10
Topeka & Santa Fe__,,..100
xl3% Mar
110
19 %
1
capital—
common
•/ 41
•
22
1
Copper; Mining
Apr
36%
950
14%
common
Corp
Washer
200
Apr
-6% Mar
7%v Apr
-29
-2an
1,000
75
com—
Packard
Automatic
41%
29^% May-
250
0
Feb '
5% May
400
t
75
-
/
San
St
&
Curtl$s*Vetightv
Range Since January I
High
40
5%
13*2
4% Mar
'
36%
900
Yb
10%
75
_*
Continental Motors
Shares
17%
5
200
Columbia
for Week
of Prices
14%
—
-15% Ma*2% Jan,
Certaln-tced Prpduct8 *L,v-*--ii-^---l ?
Sales
5%
i
w
Armour & Co common.
Jan
*
400
11%
Arinco Steel
19%
f141%
Jan
21%
"
-
23
——
*
Radiator
37%
1
capital—.7.100
8
29
J; Jan
6%
Apr,
55%
24
'
—•;
common,*
American> Air
38%
—5
,7
Inc
Alleghany Corp
750
23%
<
*
(new)—5
—
Castings
Jan
24
5
Stocks—
22%
Week's
Sale Price
common—i—*
common
Alum
28%
Feb
70%
72,
Mfg Com—12%
Cumulative, prior preferred
Canadian
Adams Mfg
Apr
,
19%
150
38!
^
24
Wisconsin Bankshares common.
500
v-Y
Chicago Stock Exchange
-
22
300
28%
38%
,
7
—• /;
——.——
Stores
Bethlehem
*
'550
'e '
Atchison
Friday
(new)..*
Co common
inghouse Electric &
37%
—»—10
common
Jan
34% Jan
44%
—25
Laboratories
t 13%
:
Jan
32%
■■
49%
W'estinghouse Electric Corp—,—.12'/a
Abbott
Apr
.
30%
•
+
.43%
43%
*:j.
U S Steel common—,
15%
"■
25
V
10
55%
2
common
Jan
32
_
__
W,
,
100;
5%
—•
U S Rubber Co—J——»—<—
Jan
10% May
8%
32c
4%
•
preferred
Jan
39%
21%
25 '
(The).,——
Jan
11%
13c
575
80 '
6%
«.*
Co__
Jan
.<11%
Feb
6%
f.7%.
44%
15
2.50
United Shoe Machinery common
29%
29%
•
58
20
31
Uhfistfcd
United
:,v6-5;;
5%.
37%
62
31c"
32c
2.50
«..*
29%
May.
Apr
40%
47
79
—100
Totting ton Co—
26
10%
•'4% i-4% "
41% r
.4%
9%
79%
i
Jan
34%
16%
19c
9%
Inc_
16
16
11%
19c
50
Webster
100
'*
W'-st
&
Mar
100
5%
11
:;;w
—1
Rexall Drug Co ^
Shawmut Association
Jan
,
800
-
22%
5%
:
37%
62
5
Mining
22%
,
47
62
1
Pennsylvania RR
Stone
1,
common.-.
Apr
N Y New Haven & Hartford,.
North
10
26%
Sk
50
: 24%
24
:
:»w_
Clothes
capital-—6
Standard Dredging common—*
20 y
Standard Oil of Ind capital.*—;
25
Stone Container Corp common
1 >
Jan
—100
Corp
Brand
South
Jan
10
England Tel & Tel
,
~
•
Jan
5%
Prod
Union Carbide & Carb capital
New
-Y
Apr-;
Feb
prior pfdi—50
Electric
England
Co
&
351
.
641
Cos
il9% Jan
'13.% Jan
6% Jan
41
_
Jan,
Jan
17%
Apr
Feb
9%
Schwitzer Cummins capital
9%
9%
May"
23.3/i
Sangamo Elec Co
60%
5
■
Assn
20
60
Jan
27%
:—100
*
*—'•
9%
tfan
32%
Jan
Jan
25% Mar
,
May,.,.
May -
24%
,
39
37%
-15
.
9%
24
68%
'
44
Nash-Kelvinator
National
"9%
——10
common:
Feb
41
5%
preferred •-*.
Mathieson Chemical Corp
Mergenthaler Linotype
15
15%;
May
23
Jan
31a4
31
►
•
—
Corp (Deli 6%
12
100
'v 12
15%
May
44.50
Maine Central RR common—
17
100
12
3
42%
Copper
300
17
12
28
42.45
—
——
17%
17-
10
50
com——2%
Co
6%
60
59%
—
Gillette Safety Razor Co.—
Royale Copper
(The)
i
A.
300
10
32%
General Electric
Isle
Feb
65/B
18
37%
Capital Corp.
22%
1,000
; "-10%
^
—
7% May
145
3%
Shellmar
General
Apr
500
61
22
•
Stores.
'
60
60
Apr
25
,7%
28
3%
——1°0
series A
—100
5% preferred adjustment
—100
Eastern Steamship Lines Inc—.—-—*
Employers-Group Assoc
*
*
preferred
27
50
:
6%
t-i—25
Switch .class
Circle
Perfect
1st
May
500
27%
8
7%
7%
5
Pennsylvania RR capitaL
47% May
Feb
39
Rath Packing
Common
100
.
'^'23%
23
*
Manufacturing
Oak
Eastern Mass Street Ry—
6%
,
25%, .25%
20
common
Peabody Coal Co common
Calumet
27%
27%
10
common—.
8
-
Apr
Feb
38
5
6%
Northwest
Jan
237
39%
5
8
Cooker common....2
Car
American
North
RR—
Maine
Boston &
Jan
9
.11
.
58
32%
32 %
-
93
39
220
,
-
.
Jan
10
57%
96
May
17% May.
f
27
May
Feb
_
v-
Apr
21
- Mar
17% Jan
66%
Jan
Jan
10%
Apr
10
May
11%
Jan
13
56
Mar
58
Feb
15
32
May
39^
Jan
r
150
634
*
58
32 %
7%
t
11
•
;
,
THE
Number 4803,
169
Volume
COMMERCIAL
&
FINANCIAL
CHRONICLE
<2131)
39
OTHER STOCK EXCHANGES
'
RANGE
'■
STOCKS—
.
"V
■'
.Unlisted
Rollins;
American Tel & Tel
7 7.7.-
Ll
:
145
___
48 %
General
Cash
•37%
Feb
48% May
40
26 »/8
Jan
29
11 %
382
27%
27%
50
37%
10%
Apr
24% Mar
Jan
34%
Apr
*
12
Apr
28 %
Jan
65
59%.
-50
..
Mar
35%
Feb
39%
262
37%
57%
31%
56%
Feb
62%
Jan
Feb
31%
30%
6
Feb
28%
25
25%
Feb
31%
66
15
Apr
17 y8 Mar
Jan
10%
~7~~r"h
Standard
Oil
(N
Standard
Oil
(Ohio)
J)
Gerity-Michigan Corp
Brewing common
Hoover
Ball
Hoskins
Apr
14
Jan
16 %
151
15
Feb
17 y8
Jan
18%
230
17% Apr
21%
Jan
•
68%
93
65%
Feb
24
40%
104
23 %
Feb
71 '/a
156
24 y8
24%
20
24 % May
24y8 May
22%
22%
75
22 %
26%
40%
40%
*
:
.
23%
'•
_
24%
a
.12.50
Westinghouse Elec
Cleveland Stock
40
75
•78
Jan
May
Jan
69
May
26% Jan
43% Mar
Jan
78
.
Low '
Par
1
(Un)
Alleghany
Corp
American
Coach
&
American
Tel
Tel
&
Body...
&
Rights
Manufacturing
i
;
1
25
Ches&peaTce & Ohio RV-—LJL-L
City Ice & Fuel
Iron
Cliffs
4%%
Kinsel
Drug
LaSalle
Wines
*
Dow Chemical
Pont
Erie
(E
(Un)
de
I)
Railroad
(Un)
*
1
—-
Faultless Rubber
—
Masco Screw
Products
(Un)—
Michigan
General
Motors
common
Glidden
Co
common
(Un)__■
10
(Un)
*
Goodyear Tire & Rubber common—_—"
;
Gray Drug Stores
Industrial
Interlake
Jones &
.
3
(Un)
Laughlin Steel (Un)
*
Metal
Peninsular
Pfeiffer
Lamson
McKee
W)
(H
"
-
105%
34%
Metropolitan Brick Inc
Brass
"
Aircraft
Sargent'
Radio Corp
Richman
(Un)_—
of America
Republic Steel
(Un)
;*
-•
±
_
*
Bros
*
"
Union
U
<
Carbide
Steel
S
Jan
29%
I
*"
Apr
16
Jan
70% May
76
Jan
Los
36% Mar
Jan
Feb
Alleghany Corp
Jan
Allis-Chalmers
—
American
Airlines
21
43
Apr
50'A
Jan
American
Radiator
& St San
26
.
46 % Mar
179
American
Smelting
&
Jan
195%
Apr
25% May
32%
11'A
14%
Jan
100
19
23%
Jan
Inc
5
Feb
Apr
Rights
Co
Jan
Anaconda
Copper Mining
Steel
71
11
a38%
45%
Jan
Armour &
14%
Jan
Atchison
33% Mar
77
all
Feb
.75
.11%
Apr
25% May
60
(Un)
Corp
(111)
(Un)
13%
464
100
39%
a28J/s
11%
150
9%
28%
4%
Jan
9% May
27
Mar
4% Mar
1,500
7.25 ;
Co
Atlantic Refining
13%
Jan
Avco
33%
13% May
11% Jan
4%
Jan
35%
Jan
5
5%
a89%
25
3
6%
13
al0%
(Un)
Co
Manufacturing
(Un).
Corp
Bros
Corp
Oil Co
Barnsdall
Oil
common
Bendix
Aviation
Bendix
Home
Jan
24
Jan
—
90
15
Mar
17%
11%' 11%
a20% a21;
30
11
Feb
14%
Jan
Black Mammoth Cons Mng Co
75
20% May
27%
Jan
Blue
39%
Jan
Feb
283
42
42
410
22%
a37% a38%
138
37% May
24
24
,
'
26%
Jan
69
Jan
62%
Apr
74
Jan
Chica Oil Corp..
Borden Company
1
6%
2
S
*
10
1
20
*
—
25
—
&
Sou
Corp
(Un)—*
1
2%
6
Low
2%
2%
550
4
Feb
6%
Jan
1% May
May
10%
Jan
12% Jan
12 %
Apr
14
Jan
2%
2% May
Jan
10% Mar
8%
Feb
6%
Feb
6%
1
Feb
1%
Apr
May
1%
Jan
1 %
Jan
Sales
for Week
Range Since January 1
Shares
25
11%
12
a435A a43%
3% May
28% Jan
2% Feb
27%
30
7
412
;
High
Low
High
356
Jan
9% Mar
Jan
11% May
14%
45 %
Apr
54
Feb
150
Jan
5,020
141% May
% May
14
141% 141%
1%
1%
a49% a49%
1,554
30
54% Mar
a26% a26%
27% 27%
a24 a24%
20
25
Jan
1% May
57%
.
—
Crown
a36
6
Feb
Feb
High
2%
Apr
Curtiss-Wright
Corp
May
Electric
31%
Jan
Jan
1%
a36
6%
Power & Light Corp
Oil
Co
57
Jan
Garrett
20%
Jan
General
Electric
Foods
5%
4%
400
22%
2,839
6%
100
"7
Apr
Jan
6%
•
19%
19%'
■
745
4%
Jan
5%
20%
Jan
22%
Apr
6% May
9%
Jan
24%
Jan
19%
Apr
Jan
39
Feb
7%
May
Jan
♦
12
10% Feb
1,100
2.50
Apr
418
16 %
Apr
10
42%
Feb
f
Apr
A% Apr
^21
n
Jan
47 3A
Jan
Co
30%
150
30% May
34% Mar
a7%
60
29
57/8
3c
111
28%
5%
3c
a21% a21%
9
9%
41%
Apr
8%
Feb
28% May
33%
Jan
6%
Jan
3c
Jan
7
5%
500
21%
30 */.
Feb
7% Mar
4,085
38%
160
Feb
46% Feb
97
a437/8 a44%
7%
8
a8% a8%
Feb
2 %c Mar
5,000
41%
7% May
1,170
105
8%
Feb
__
52%c
1
1
—
2
*
•
Jan
10
5
25
Goodyear Tire & Rubber Co common—•
General
General
Gladding
Motors
Corp
—
r
a43%
common
Public Util Corp
McBean
&
Co
(Un)
10
Jan
41% May
53%
Jan
10
Jan
9%
Feb
14% Jan
12
55%
147
55% May
59
Apr
10%
450
10% Apr
13%
Jan
275
50
Apr
56%
48
178
38%
Feb
48
3%
3%
225
16
16%
7
11
16
16'A
11
12%
a51% a52%
48
a26% a26%
3%
3%
1.25
1.25
■
3% Apr
225
16% May
10% Apr
50
:
16
187
408
25% Jan
6%
1,585
24
all
Jan
Jan
'71 19%
Jan
11%
Apr
26%
Jan
73% Mar
1.80 Apr
21% Mar
355
2,250
19
Jan
May
Jan
3
500
23
May
5%
1.20 Feb
1,407
14%
7%
al0%
6%
9%
Mar
7
23
Apr
6% Jan
14% May
t7 % May
17% May
9% Jan
7 7 12%
8%
Apr
Jan
250
6%
Feb
9%
200
8%
Feb
10
Mar
23%
8%
23% May
27
Jan
395
:
175 • y
Jan
9%
Feb
12% Mar
13 %
Jan
Apr
7%
13
al4% al4%
377
39
11
Feb
14%
a24% a24%
5
(Un)—*
(Un)
25% Mar
160
12%
55%
107/8
12%
(Un)
Corp
% Jan
30%
a7
12%
Corporation
-
18
30
21%
Feb
25% May
52c52%c
7%
7'A
700
49c
—
al4%
23
•
—
Mar
65c
Jan
7% May
8
Jan
10
Feb
13
Mar
360
35%
Feb
39%
Jan
115
41% Mar
42%
Jan
a57% a59%
al4% al4%
23
23
420
67
Feb
11%
Jan
100
23
Feb
25
Feb
a42% a42%
120
42% Feb
45
Jan
al3
a 13
37% 37%
a42% a43%
628
30
Feb
"
^
7 95% Mar
12% May
—
Ltd class A
18
6%
6
725
Jan
,
50% Apr
4%
33%
10
Mar
1,290
23%
8%
Fitzsimmons Stores Ltd class A
Electric Bond & Share Co
101 r
21%
Jan
90
60
13%
9%
(Un)
Jan.
1
497
7%
5% May
380
Jan
6% May
685 .*•
6
Jan
Feb
13%
4
common
34%
18%
5%
Jan
27%
a44% a44%
23%
Electrical Products Corp
52%
18%
35 Ve
24%
7,; 30
1
25% May
w
Jan
27% May
224
al0% al0%
3%
3%
16% 16%
5
(Un)—*
(Un)
Zellerbaeh Corp
10%
33
37%
Apr
675
5%
5%
a89% a90%
7%
alO%
General
Jan
1 %
100
•
9%
22%
11%
1
Feb
100
25
46.
3%
24% May
Jan
5% May
100
a2% a2%
a29% a29%
—
1
(Un)
(Un)
Feb
1,000
300
For footnotes see page
Week's
Range
of Prices
22%
13%
1
*
5%
9
33
1%
19%
—
(Un)_*
Engineering Corp
8%
700
76%
79
1
Detroit Steel Corp
—
Mng
Gould & Sav
Creameries of America Inc
High
Brown-McLaren
1
1
—
(Un)
Exeter
5
20
—
Commonwealth Edison Co (Un)
Range Since January 1
210
Navigation
a52%
2.50
(Un)
Columbia Gas System Inc
Sales
Shares
25%
Cleveland
Jan
May
3% Mar
'
for Week
6
Edison
—
Consolidated Vultee Aircraft
Range
Briggs Manufacturing
5%
—
1
Continental Motors Corp
33
5
8
—
25
(Un)._
Preferred
Cons Chollar
of Prices
Low
2%
—
Colorado Fuel & iron Corp common.—*
Exchange
Last
par
—
*
Clary Multiplier Corp
Week's
—
9%
—*
——
Corp
Chrysler
,
5
(Un)
(Un)
Co
__
—.....—15
(Ua)
Corp
Borg-W'arner
_.
5"%
5
1
(Un)
Airplane Co
Boeing
—
a7%
2
Corp
Broadway Dept Store
DETROIT
Detroit Stock
&
13%
•
10c
(Un)—
Steel Corp
Diamond
Bolsa
-
40
Detroit-Michigan Stove common
1%
18%
655
43% Mar
Bethlehem
Consolidated
Detroit
—
Appliances Inc—33 %c
Consolidated Edison Co of N Y
Detroit
2,110
Jan-
40
1
—
5
(Un)
Corp
33%
Apr
Consolidated Liquidating Corp
Bros
__
,
5
20c
( Un)—
Co
Commonwealth
Davidson
—
1
—10
Company
Petroleum
Bandini
Barker
Feb
a64% a64%
10
—
39% May
a71% a71%
Consolidated Paper common
"
1%
29
Jan
33
—
Chrysler Corp
6%
7 4%
Jan
Telephone: WOodward 2-5525
Bearing
27%
(Un)_100
—
Top & Santa Fe Ry
25%
Building
Products
—
(Un)__30
10
Co
(Un)
41% Jan
Chicago Stock Exchange
Co
—
•
2iy2
Friday
Jan
61% May
Mar
40'A
336
11
Feb
56
5
Detroit Stock Exchange
Roller
—
14
(Un)
21%
New York Curb Exchange
Brewing
__
133
Corp
17% Mar
5
a20
Members
American Metal
—
i
Viscose
Woolen
New York Stock Exchange
Altes
9%
9%
(Un)—100
American Tel & Tel CO
Cities Service Co
Bower
_.
(Un)—•
(Un)—•
Co
Ref
56
Sale Price
Feb
Jan
:-..,17
Mfg Co
25
'■
3%
1% May
530
200
170
Low
1
25%
Apr
__
1
11%
13%
2%
1%
J_
1
•
Feb
40%
American
a28
__
1 % Mar
20l
150
300
1
1
(Un)
23
watling, lerchen & Co.
Electric
3%
5%
1%
11
13%
2Va
7"
11
(Un)
(Un)
20
25
Caterpillar Tractor Co (Un)—
Certain-teed Products Corp—
Allen
5%
1%
1%
Jan
2.00 Mar
800
1,115
3%
__
Last
Canadian Pacific Ry Co
..77.77;'.
1%
24%
1%
Apr
"24%
1,151 '
1%
Jan
2% May
Feb
1
9
6%
2
Par
42 %
112%
87% May
78% Jan
STOCKS-
r
2%
Feb
95c
^ 568
4
Apr
38% May
-
880
23%
Friday
Feb
39%
"«•
1%
Jan
1%
Feb
Mar
2% Apr
1% Feb
215
Apr
8%
Angeles Stock Exchange
23%. 23%
al5
al5%
—
36
200
29
■
Sale Price
Budd
Ford
"
1
3%
1%
STOCKS—
109
*
(Un)
& Tube—...
" 336
1%
28%
24%
1
Wayne Screw Products
Feb
__
'
.J1
1%
1
28%
Jan
12 y2
104
•
Carbon—L
common
Youngstown Sheet
<
'
-
,
&
900
*
__
1
62%
42
10
Standard Oil of Ohio common
2%
2%
13
Apr
1%
100
325
Mar
12
Feb
9 % Mar
5%
Jan
14
May
11'
"
1,700
6
1%
1
Feb
13 V2
__
Jan
100
1%
38%
„
4
common
common
•—'
—7.
(Un)
Oil
Patterson
Jan
19%
II
300
2%
1
Corporation
Investment
Warner
56%
•
;
♦
*
i_—J„_—•* 7.
Pennsylvania RR (Un)
50
Ohio
2%
13% May
" -467
11%
1%
38'A
——1
-
10
"
39%
:
55/3
1% May
Jan
__
*
class B._
11%
1%
10
Manufacturing common
Basin
Ohio
,
1%
'
1
Jan
25
9-%
•
4
389
I
Jan
Jan
28%
4%
.1
•
class B
14
II " 11
11% 11%
13%
5
40
10
& Sessions
(AG)
Jan
8% May
*
common
Baldwin Locomotive Works (Un)
Kelley Island Lime & Trans.;
5%
Jan
1
Products
Brewing
5
a26y8 a26%
__
Apr
5%
"
It7* May
May
a38
—-
■
3%
_\,
•
Feb
11
.A—
593
1,221
—900
May
31 y8
all
1
fUn)
Rayon
lion
3%
8%
2%
2%
7
•
Car
35%
'
—
3%
8
-343
Jan
'l07
.;...
a61% a61%
a41% a42%
*
Feb
'
-
Motor
Parke Davis
Armco
Goodrich (B F) common
61%
*
common
125
a20
__
Jan
__
I
Sugar
a37% a37%
__
56%
1
:
McClanahan Oil
a58% a587/8
10
Electric
57%
—
2
American
General
Jan
57%
8
Jan
1% May
256
a25% a25%
12 %
12 %
19%
19V2
-
-
16'A
150%
,1,012
al90% al90%
'
Feb
55
a47% a47%
■«
Feb
55
alll alll
a23% a23%
a40% a41%
—
20
2
Nemours
a40% a40%
2%
14'/a
141 y8 May
100
75
71
15
common
Manufacturing
Eaton
70%
—
.15
15
Graphite Bronze (Un),
9%
1
:
common
1
12%
*
Mar
5%
«
1
10
—
(S S)'common
Stamping
Lansing
Union
'■Oj HiHh
835
IS
70%
•
Range Since January 1
198
104
12%
common—*
preferred
Cleveland
Consolidated Natural Gas
.
12%
100
Electric Illumin
Cleveland
Du
1
common
1,200
*
1
Scotten-Dillon
23
.
a32 % a32 %
28% 29 %
' '
'
*
preferred
$4.50
104.
-
Feb
8%
*
Kaiser-Frazer
Sheller
Low
14Vs
IS
—•
6%
13%
11
11%
.1—_—*
Udylite
Shares
a2%
__
100
——»■
Apr
1%
10
—2%
Houdaille-Hershcy common
Rickel
for Week
al41% al42%
;
Apex Electric prior pfd
Cleveland
a2%
.*
—
100
5%
3%
B%
1
Bearing
Superior Tool & Die
High,
14y8
1
5
(Un)—
310
Sales
Last
7 Range:
7 ...SalePrice. • ef Prices 7
7777;
77777
Apr
5%
100
Jan
Exchange
Week's
Friday
STOCKS—
3%
1
Rudy Manufacturing Co
V-
Feb
57%
•
River Raisin Paper
i.
Jan
2%
Apr
31%
Feb
70%
67%
6%
1,401
8%
1
—
Paige common
High
May
2%
'5%
1
10
Goebel
Graham
Low
4
2%
r
-
•
-
Range Since January 1
4
1
1
class B
Motors
Packard
—
—
12
Feb
11%
10
Timken Roller Bearing.
Steel
Feb
25%
16
18%
67%
18%
8%
50
11%
15%
4—15
25
30 %
11%
Brands
10%
30%
-
General
Kresge Co
....
Socony Vacuum Oil-
Manufacturing
Gemmer
Shares
High
4
1
Industries common
Gar Wood
Low
;
v
*
Brewing
Frankenmuth
Range
of Prices *
Apr
35
s15% -15%
15%
Track
Motor
Hudson Motor Car
1
.33 Vic
1
Oil
S
113-
28%
Pepsi-Cola
New
1JJ May
28%
10%
Radio Corp
U
31
66
27%
Register-
1
Standard
-
la'a May
48%v
•
Pennsylvania RR
Pure
■
45%
J
Oil
Ohio
Jan
Jan
32%
10
Motors
National
27%
150%
415
11% 7
j,—:*
Dept Stores
Electric
General
Feb
141% May
23%
Par
;t,v
Sales
for Week
Week's
*
Last V
y7 Sale Prioe
<
High
r
32 %
32%
*
Gas
Federated
,
28%
25
_
City Products
Columbia
Low
.
211
10
Ohio
&
Service
Cities
-
High
-
STOCKS—
-
Range Since January 1
;■
24%
24
13
Friday
Shares
141% 7 141% 141%
1 %
1 %
1% :7
Mill—
a.J——10
...—.—7.100
__L
MAY
Federal
"
Chesapeake
#
.~7,77 7
Rights"
ENDED
for Week
Range >
of Prices
Low
WEEK
Sales
.«
Par
Stocks—
American
Last
?
.
! f:
\':7.7
•
Week's
Friday
...+Sale Price
v.-
7■■■■•;.
•V;
FOR
85
62% Feb
13% May
40
(2132)
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
Friday
STOCKS—
EXCHANGES
ENDED
MAY
13
Week's
Friday
Range
Sale Price
WEEK
Monday, May 16, 1949
Sales
Week's
Last
,
FOR
CHRONICLE
for Week
of Prices
Shares
STOCKS—
Last
Range Since January 1
Sales
Range
for Week
of Prices
Sale Price
Shares
Range Since January 1
'
Par
Low
Graham-Paige Motors Corp (Un)
1
Great Northern Ry preferred (Un)—*
Greyhound Corp (Un)—
3
Hilton
Hotels Corp
Holly Development Co———
Foods
Hunt
Inc—
l'A
2,350
a38
50
—
v-;C"v a38
allTs
al2
70
—
a9
a9
25
8%
2.50
1
2.50
2.55
875
2.50
alO
25
8%
Feb
—
1 % May
36%
Feb
10 %
i
Feb
,/
High
Apr
alO
6.66%
—
Low
1%
5
i—
—
1
High
1%
,'V
'
3%
d
Jan
Universal
39%
Feb
Warner Bros
11%
Apr
Western
Apr
9%
Central
RR
(Un)
Co
100
Co Ltd„___..25e
Independent Exploration Co______33%o
Imperial
Development
Petroleum
Intercoast
Corp
International
Oil
8.000
16%
17%
1.30
1.40
__
a28a28%
41
27%
—
a46% a46%
—
15
(Un)—•
—
12%
12%
12%
__x_l
6%
6%
Jan
Western Union Tel Co
6%
Westinghouse Elec Corp (Un)
Willys-Overland Motors Inc (Un)
29%
(Un)
Co
Wj
(Un)
.
10
Kennecott
Kern
Corp
Corp
Copper
(Un)
*
County Land Co
2c
Jan
7%c
Lane-Wells
1
Company
Libby McNeil & Libby
Petroleum
Lincoln
—
9,505
7%
Feb
17% May
1,700
1.00
Feb
10c
Apr
31
49% Mar
8% Jan
11
1,000
8c
Apr
15c
Jan
6
1,150
5%
Apr
9
Jan
43
260
43
43%
930
40%
Lockheed Aircraft Corp
i
Loew's
•
Los
(Un)
Inc
(Un)___
Petroleum
Montgomery Ward
Diablo
Mt
Co
North
Oil
Central RR
Corp
Northern
Oil
Pacific
57c
Jan
25,
18% May
26% Jan
25%
882
all
55
Mar
1,500
1.05 May
305
52% Feb
12%
5
•
1 45
Apr
14%
Feb
19
10% Mar
13% Jan
11c
20c
11
395
12c
'5,800
alO
11c
185
al4% al4%
6%
6%
2.20
14% Mar
470
2.05
3,620
a28%a28%
__
20%
25
r
6
1.90
150
v
25%
May
Apr
11%
'17
Jan
Mar
Jan
Jan
Friday
Pan
•
11%
Jan
2.65
Jan
Feb
32%
Jan
20%
20%-;
18% Mar
20%
Apr
31%
32 %
968
30%
33%
Feb
20
26%
335
!■:,
Jan
Apr
Par
American
a52% a53%
107
51
Airways Corp
Paramount Pictures Inc
Electric
Radio-Keith-Orpheum
General
Republic
Pictures
Corp
Republic Steel Corp
28% Jan
Penn
Rexall
Drug
Rheem
53%
Apr
4%
Jan
10%
Apr
Rice
Ranch
Corp
Jan
21%
22
250
20
Mar
24
Inc
Oil
15%
15%
290
15
Mar
17%
Jan
Sun
10%
345
8
Jan
12
Apr
Tonopah
39% May
14 % May
53
Jan
20%
'
40
270
141/3
141/3
220
11%
12
509
8%
8%
310
5
5
9,400
3%
3%
100
2%
20%
21
761
20%
4
__
St
Regis
Schenley
Paper
4
5
__
__
4
d;
11% Feb
14
8
Feb
9
5
Mar
Jan
402
May
3% Mar
6
Jan
Finance
385
4%
Feb
5%
Roebuck
&
Co__
19%
Jan
19%
62%c
62%c62%c
1,100
60c
May
div
Power Co
15
A
Oil
4.88%
v
Calif
Co Inc
(Un)
Edison Co Ltd
ig
ig
Company
34%
Feb
39%
Jan
106
46
Feb
50%
Feb
38%
Jan
a35%
a35 a35%
26
32%
Paper
Oil
25
(Un)
•
Incorporated
50c
Tidewater Assoc Oil Co (Un)
10
Corporation
2
Trancontinental & Western Air
5
Tri-Continental Corp
64%
•
Carbide & Carbon
Corp (Un)__*
Oil of California
common
25
50
10
.
States
Rubber Co
States
Steel
w
(Un)
;
i
I
see
page 46.
1
•
Apr
3.25
Jan
Feb
9%
Jan
Apr
Feb
57%
Jan
7%
Feb
18%
18%
19%
19%
6
8
49%
5
552
18%
100
16% Mar
18% May
20
258
16%
Jan
20
41%
43%
472
41%
Apr
51%
Jan
64%
42
66%
64% May
75%
Mar
56%
12%
Feb
62%
Feb
Apr
17%
Jan
11% May
11%
Jan
5%
Jan
J
83
57%
57%
59%
1,893
13%
13
14%
97
7%
8'%
2,549
4%
4%
45
9%
9%
100
7%
8%
2,103
7%
__
__
8
*
19%
50
19%
19%
15
3%
Apr
9% Mar
May
12
Apr
6%
Jan
8% Mar
17%
.
•
1,912
15%
35%
15
10
35%
2,693
.
Jan
19% May
14% Mar
17%
32%
117
37% Mar
Feb
Jan
:
35
35%
130
33
Apr
36%
Apr
c
com
23%
22%
23%
3,501
20%
Jan
23%
Apr
*
24%
23%
24%
467
23 %
Jan
25%
Feb
28%
26%
28%
801
26
May
40%
Jan
•
22%
22%
23
596
20
28%
28%
500
26%
Jan
28%
Feb
20%
19%
20%
385
19% May
23%
Jan
53"%
53%
53%
233
46%
Jan
56%
55%
59%
331
52
Feb
U
11
3%
100
ft
Apr
343
2%
Jan
18%
Feb
22
37%
Apr
54%
Feb
43
Apr
61%
Feb
__
*
50
—
*
common
—*
——...
.
1
—
:
Corp
_________________—.—__1
3%
United
Gas
Improvement—.——13%
21%
Baltimore Transit
3%
21
21%
41 %
41%
46
—1975
4s
Co
1975
5s series A
'
46
,
.
406 ;
(
Jan
23%
,
Apr
53% May
60%
Apr
li
Jan
3%
Apr
1
Apr
•:
__
Jan
32%
28%
Apr
312
27 %
Apr
29 Ye
29%
400
28% Mar
27%
Friday
Range
Ludlum
Columbia
Gas
Star
Fireproofing
Corp
Steel
Spring
26% Mar
29
845
23%
Apr
26% Mar
40%
360
40
Apr
49%
„
32% May
37%
Feb
17%
Apr
21%
15
35%
Feb
39% Mar
21%
8% May
10
Jan
10%
Jan
24%
23%
24%
236
Jan
24%
May
6%
6%
6%
152
6% May
8%
Jan
2% May
29% Mar
3%
Feb
35 Ye
Jan
51
57
2%
2%
100
31%
321/8
112
55
55
10c
11c
14%
27%
22%
15
May
6c
18
Feb
14%
3,500
16c
Feb
Mar
,
Jan
16%
Jan
286
26% May
34%
Jan
179
14%
26%
22%
26%
*
12.50
Jan
56% Mar
67%
Jan
41%
Apr
95
65%
a41
1,229
214
«
Friday
.
STOCKS—
37%
Feb
201
65%
Feb
72% Jan
65
all
V-
22%
26%
Jan
Apr
13%
Feb
14
American
Tel
Tel
&
Rights
Jan
commbn
Investment
16%
Feb
21%
...100
(Un)
1,109
9%
Feb
11%
Jan
Brown
191/8
191/8
160
17%
Feb
19%
Jan
Burkart
a29
115
28%
Jan
30
Feb
Range Since January 1
Low
High
17%
321
141% 142%
388
141%
141% May
16
Feb
High
'
17% May
150% Jan
1ft
9%
133
9%
930
13?5 May
lft May
100
9
Apr
9%
Apr
30%
30%
30%
203
29% Mar
31%
Jan
17
17
24%
17
25
154
16 %
125
10 Vb
10/s
20
24% May
10 % May
37%
57%
1%
______3
__
Jan
nya
Shares
17
—
i
Bldg & Eqpt common
1,315
for Week
of Prices
Low
—1
Sales
Range
Par
American
Exchange
Week's
East
Sale Price
20%
Shoe
Mfg
Coca-Cola
15
common
-1
—1
common
Bottling common
__
———-4
246
49
Feb
51
58
Feb
64
a9%
20
10
Feb
11
Jan
Griesedieck-Western Brew
22%
266
20%
Feb
25%
Jan
Hydraulic Pressed Brick common
—
Apr
18%
Feb
25%
Feb
10% May
54% Jan
a63a63%
a9%
22%
11%
'
—6
24
23%
37%
59%
24
1
__
2%
2%
common
*
42
Knapp-Monarch common—
1
4,118
52
a7y
50
23%
245
10
Jan
12
10%
Feb
Mar
Feb
Mar
37
Feb
7%
Meyer Blanke common
McQuay-Norris common
Feb
31% Mar
Feb
86
& Supply
Piping
Midwest
100
22%
Feb
26% Apr
North
32
11%
Feb
14
St
2%
Jan
371/,
248
761
71%
*•-
35%
303
56%
Feb
62%
Feb
19%
Jan
25
Apr
100
1%
Jan
2%
Feb
40%
Jan
Mar
42%
569
40%
Jan
44%
Jan
6/2
325
6%
Apr
8%
Jan
com
36% May
69% Jan
475
24
May
Mar
3% May
39%
11%
11%
6%
28
365
__
14%
16%
15%
16 %
22%
22%
23
300
17%
17%
19%
541
—
10
*—*
•
11% May
500
6%
27 A
__
__
—
.
5
Jan
14
Mar
6% Mar
27% May
34
Jan
100
14% May
17%
Jan
20
16% May
19% Mar
18
Jan
21%
Feb
16
Jan
15%
Jan
17% May
19% Apr
370
Jan
600
37%
24%
Jan
25
Missouri Portland Cement
3%
219
640
6%
42
6%
4
41%
78%
23%
57%
20
Steel
25%
31/,
37%
5
common
Gas
Laclede
104
al2 al2%
•
10
common
Laclede
740
24
(Un)
common.
Jan
a80% a81%
71%
Shoe
23% May
38 %
480
(Un)
common
common
Laclede-Christy
6%
20
30%
71%
Motors
13% Mar
guva
24%
Electric
International
ip/.
23
Mar
General
General
al2% al3%
23%
--
31/4
233
SI. Louis Stock
Jan
278
33%
30%
200
8%
Jan
32%
a7i/
"
Feb
9%
37%
1
a54% a55 >4
__
9
Jan
Apr
2% May
8%
9%
1
Emerson Elec common
11%
121/a
Jan
Feb
2
37%
-5
10
pfd—100
Westinghouse Air Brake
Westinghouse Electric Corp
a29
__
~
5
Toy Mining
19%
'
100
10%
50
2%
10
Gas
Pittsburgh Steel Foundry 5%
{\
a9%
10%
2%
26%
1
Co
Pittsburgh Plate Glass
Standard
10%
High
:
20% May
45
■
1
Mackintosh-Hemphill
San
21%
5
Manufacturing
Lone
Low:
20%
*
Corp
Range Since January 1
High
rl
System....
Duquesne Brewing
Fort Pitt Brewing
Joy
Shares
*
Steel
Commercial
for Week
Low
Par
Allegheny
Sales
Week's
of Prices
Last
STOCKS—
29% May
334
24%
: ai5%
""
2,000
Feb
a67% a687%
--
$6,000
Pittsburgh Stock Exchange
Bank
__io
Corp
Jan
29%
a40%
5
L1?t68 InC (Un)-~
Apr
17%
598
64%
*
1
(Un)
Corp (Un)
24
32%
al8% al8%
__
25
(Un)
Feb
Feb
.40
_
25
Texas
(Un)
Jan
27
1
Rvuf* Efm*? ClaSS B
Swift & Co (Un)—
Co
28
-24
24%
"
RR
Mar
28
20%
(Un)
Century-Fox Film
18c
32%
•
Company (Un)
Texas Gulf Sulphur Co
7,000
29%
(Un)
•
2%
123
50
common
Co.—._
Mining
National
26% Mar
32%
28%
1
For footnotes
Feb
19%
_•
common
Feb
20%
15%
(Un).
New
31%
623
Studebaker Corporation
(Un)
Sunray Oil Corp common
United
51
650
26(4
1,015
__
Stone
United Aircraft Corp
Jan
487
25
Inc
8% Mar
49
25
United
19% Mar
Jan
37%
(Un)
nnuCH
Un led
27%
16%
49
(Un)_.„
Pacific
7% May
26% Mar
16
*
428
565
...10
Reading Co common—
Continental
37%
Standard Oil Co (Ind)
Standard Oil Co (N J)
Union
1,002
Jan
49
25
Standard Brands Inc (Un)
Standard Oil Co of Calif
Union
50
20
18%
16
15
__25
Southern Railway
Company
Union
a7
a25% a25%
__
25
Twentieth
22% May
22%
„25
Transamerica
Jan
22%
preferred
Textron"
17%
22%
preferred
Webster
150
20c
4.32%
Ai
38% May
6% Jan
igc
4.48%
Pacific
Feb
igc
com__25
preferred
Southern
5%
25
1
preferred
4.56%
20
•
Socony-Vacuum Oil
Southern
6,249
a7
__
„
38
a5%
a22%a23%
a23%
36%
a5%
-
26%
Corp
Jan
2%
Jan
3
preference
72%c Mar
__
Signal Petroleum Co of Calif.
Sinclair
37
•
Shell Union Oil Corp
Signal Oil & Gas Co class
12%
9%
Jan
________30
Feb
52%
1
Apr
185
5
Security Company
8%
8%
1
Jan
5
al7
I
140
lft May
Jan
5%
5
(Un)_____1.75
10%
Ida May
3% May
27%
al6%
I
Co
10%
5
Public Service El & Gas common
Apr
5
•
(Un)__
14%
5%
Mar
al6%
—5
Industries Inc
Seaboard
Sears
Co
Apr
51%
Sale Price
Safeway Stores Inc—*
12%
BONDS
12
.1
Richfield Oil Corp common
Aeronautical Company.......
295
5"%
United
1
Ryan
15,250
10
common
Jan
39%
2.50
Co...
Jan
li9«
Jan
__
•
Manufacturing Co
150%
12%
9%
10
Corp
High
25 % May
Jan
May
It?-.
52%
•
com
21 %
141
2%
10%
13%
Corp
Water &
8%
1
;
2,024
1
Philadelphia Electric common.
$1 div preference common
10%
50c
(Un)
Reserve Oil & Gas Co__
Low
652
142%
141
25%
•
new
Range Since January 1
High
*
Pennsylvania Power & Light
Pennsylvania RR
Pennsylvania Salt Mfg com
3%
1
(Un).,
Shares
.2%
Co
(Glenn L)_
Pennroad
Sales
for Week
23%
*
c
Lehigh Coal & Navigation..
Lehigh Valley RR
Martin
400
_l
;.
Motors
705
*
(Un)
Corp
Republic Petroleum Co
t
v
Gimbel Brothers
9%
15%
"
com
13
Storage Battery
3%
25
(Un)_„
104% May
12%
*
Fidelity & Deposit Co
Scott
Radio Corp of America
103% May
Range
132
_
Davison Chemical Corp
Delaware Power & Light com
3%
33%c
Phelps Dodge Corp (Un)
Puget Sound Pulp & Timber Co.
141 %
Budd Company
Chrysler Corp
Curtis Publishing
9%
„
50
Tel...'..*.—.100
Baltimore Transit Co
__
I
Pennsylvania RR Co (Un)
Pepsi-Cola
Co
(Un)
25%
Baldwin Locomotive Works
3%
(Un)__2%
(Un)„.
Jan
of Prices
Low
..i—...."1
Rights w i
Arundel Corporation
Apr
Feb
__
•
Stores
American Tel &
$1.40
American
47%
$5,000
Week's
Last
Sale Price
Phi'co
Pacific Lighting Corp common
Packard Motor Car Co (Un)
Jan
45% Mar
Jan
a27% a27%
__
1. '
•
Mar
9% Feb
80
6%
25'
2.10 Mar
11%
2.05
■
Jan
Mar
17%
a9%
100
Calif______10
1.90
59
375
1
of
May
Jan
497
•
preferred
2%
12%
1
Corp
1.10 Mar
Feb
1%
17%
10%"
•
11c
Gas & Elec common
Feb
Feb
85c
600
17 Ye
12
alO
(Un)
r
1.50
Apr
17%
__
(Un)—1
Inc
a52% a53%
(Un)
redeemable
Jan
11V*
125
•
Co
Co
Finance
Pacific
14%
1.10
1
Pacific
Oil
Oceanic
175
1.05
(Un)___«
(Un)
Aviation
Ry Co
Northrop Aircraft Inc
Ohio
18 %
10%
1.45
Jan
22
600
„
1.45
Jan
1%
"'J.
Jan
8% Mar
16%
25
a53%
26%
125
1%
1
Ltd
American
1,930
,
95c
(Un)—•
Inc
Distillers Prod Corp
New York
Nor don
Feb
7% May
95c
1
& Co
Mining & Dev
Nash-Kelvinator Corp (Un)
National
Jan
1
Co
Jan
7%
218
Apr
Philadelphia-Baltimore Slock Exchange
Jan
46%
1.15 Mar
a
25
__
22%
56%
Feb
50
17%
a
14% Mar
26%
Feb
5
49% Mar
May
1
Manufacturing
Merchants
a20%
100
a
—
1
—
Mascot Oil Company
Menasco
6%
a7%
a 19%
a20%
Angeles Biltmore Hotel Co...—20
Magnavox Co
;
1.20
14% Mar
22%
50
103% 103%
American Tel & Tel 2%s deb...—1957
Apr
9c
6%
•
97
Jan
20
1.20
—
15
*
1.50 Mar
216
a7%
__
(Un)_—_„___7
Co
Feb
Feb
BONDS—
Feb
43
__
5
12% May
7% Apr
9%
5%
a46% a46%
46%
42% May
530
a4%
a4%
High
Feb
200,
a22% a23 %
a
35
Jan
10%
5%
540
al5% al5%
•
1
STOCKS—
Kaiser-Frazer
Low
41
•
Jan
(F
High
41
5
Jan
43
5%
Inc—,
Low
41
(Un;
4%
9c
9c
1
Feb
Lines
Par
—10
11%
10%
—
10c
Co
22%
5c
16%
(Un)_»
(Un)
<fe Tel Corp
International Tel
Jade
Co
Paper
Ltd
15
•
4c
—
10
International Nickel of Can
•
a26% a26%
__
•
Pictures Inc
Air
Woolworth
Illinois
•
,
Consolidated Oil Co
American
com
Roebuck
&
Co (Un)
Feb
Sterling Aluminum common
77%
Feb
Stix-Baer
24 %
May
Wagner
&
Fuller common
Electric
10
(Un)
Louis Public Service class
Sears
common
_.
A-
—
50c
__
•
37%
1
...
5
.15
,
—
3o%
19%
4%
4%
45
100
?
4% May
Jan
15
Jan
12 Ye May
36% May
13% Mar
308
34 %
11%
12
325
12%
12%
195
37%
391
Jan
11% May
38
36%
5%
397/s
37%
Feb
46
Jan
Volume
169
THE
Number 4803
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2133)
OTHER STOCK EXCHANGES
RANGE
Friday
:?/"■
'•■'V:...
Alaska Juneau
(Un)_—_
Gold
Min
American Airlines Inc
-
American
Factors
Amer Radiator
•.■■
oi Prices
Shares
Range Since January I
Low
High
'
(Un)
San
High
American Smelting & Refining
135
20%
Feb
21%
3%
3%
3%
200
2%
Apr
3%
9%
9
9%
580
7
Jan
10
Mar
18
18%
91
18
May
:22
Jan
11%
11 %
350
20
(Un)
_•
(Un)__4
__
11%
a43%
a43% a43%
14%
11% May
45 y8 Apr
70
53 %
Apr
Apr
Jan
Feb
"
American
A
Tel
Rights
Tel
&
i
w
(Un)
100
13S2
Corp
com
Co
(Un)
Woolen
Anaconda Copper
(Un)
50
(Un)_4
Atchison
Top & Santa
Corp (Un)
Atlas
Imperial
(Un)
Fe
5
Engine
Baldwin Locomotive
Baltimore & Ohio RR
Oil
Co
Bendix
Aviation
Bendix
Home
Bethlehem
(Un)
Corp
103
6%
5%
200
a89
29
100
4
30c
200
7%
6%
255
102
27c
a9%
33 %c
9
Jan
Jan
102
94
5%
a9%
30%
30%
11%
Jan
Apr
10%
Jan
43 %
Mar
30 y2 May
34% Mar
a7
75
9'/a Mar
10
Feb
28%
__
29%
602
28% May
33%
Jan
M
2
8%
8%
9
1,360
7% Mar
14%
215
210
215
2,012
1.95 Mar
2.60
5
a21%
a2iy4 a21%
43
(Un)
Borden Co
(Un)
15
_>
•j.
Bunker Hill & Sullivan (Un)
Calaveras
Cement
a41%
5
;
2%
Co
a41 a42%
21 %
140
a44% a44%
__
17
14%
__
24
Feb
47
Feb
40%
Feb
50%
Jan
City
National
4
6%
6%
6%
Jan
8%
___4
al.90
al.90
al.90
35
2.00
Apr
2.50
Natomas
6%
6%
6%
100
6%
Apr
7%
Jan
California* mk
:
*
4J
43
43
bi
May
46%
B__
Co
Packing Corp
•
common
6
North
Company
43
Packing Corp pfd
__50
Dry Ginger Ale <Uni______1%
Canadian
Pacific
(Un)_
Ry
645
30
Feb
36 %
Jan
4
52%
Feb
58
20
10%
Jan
10%
Jan
Mar
14%
Jan
al0% al0%
12%
12%
American
Celanese
Central
Tractor
Corp
of
Eureka
Co
a56%
America
Mining
Co_
Chesapeake & Ohio Ry
Chi
Mil
St
Paul
Preferred
*
12
175
12Vs
1
(Un)
RR
25
<Un)—_4
com
(Un)
247
a55% a56%
1.10
1.25
32%
a6%
95c
59%
Apr
30%
Jan
70
Feb
1.80
Jan
31% Mar
231
a6%
•
Feb
25% Mar
1,600
32%
__
32%
54
235
a25% a26%
a26%
34%
Jan
Feb
8%
Jan
6
64
30%
Feb
Chrysler Coip
25
a53
a51%
a53
84
50%
Apr
Cities Service Co (Un)
10
48%
47%
48%
202
42% Mar
48 Vs May
3%
27%
27
27%
584
25%
29
100
__
Clorox Chemical Co
Crlumbia Gas System
Columbia
River
Commercial
(Un)
Packers
Solvents
Commonwealth
(Un)
Consolidated Edison Co of N Y
Consolidated
•
Natural
Continental Motors
Gas
(Un)
__
_
_
Creameries of Amer Inc
Crocker First
11%
Oahu Sugar
Oceanic Oil
Ohio Oil
11
May
14
45
15
May
17 •
Jan
10%
Jan
3%
2,300
2%
Jan
26%
125
25%
Jan
22%
235
3% May
26%
Jan
21% Mar
23% Mar
13
41%
Apr
43%
Jan
6%
600
6%
Feb
8%
Jan
9%
9%
365
8%
115
350
__
365
Pacific
Preferred
10
Jan
10
365
May
23 %
Feb
27%
Jan
23%
23y2
1,242
97%
27
(Un)__4
a6
a6
100
5%
Feb
7%
Jan
1
Curtis
Publishing Co common
Cuitiss-Wright Corp (U11)
8y2
8%
540
7%
Jan
9%
Feb
__
22c
Jan.
18
18
18
600
17c
Feb
—
53%
53%
285
52% Jan
57% Mar
—-
21
21 %
400
"19% Mai:
22% Apr
12
350
Giorgio Fruit Corp
Class
B
class
common
Dow
Chemical Co
Eastman
El
Kodak
Dorado
Electric
Oil
Bond
Emporium
'
■
A
com__5
94
Mar
(Un)
15
common
Co
common
(Un)_~10
Works
Capwell
Co
„
Eureka Corp Ltd
Ewa Plantation Co
FAR
Feed
Feb
12%
Gas
-
Feb
12%
Jan
24%
Apr
Apr
28%
Jan
a43% a447/8
43 %
•407
42%
Feb
48% Mar
47% Mar
liy8
11'/8
250
10% May
14%
14%
14%
170
12 % Mar
$5
A
1
Machinery & Chemical
Electric
Co
10
35%
790
33
Feb
39
(Un)
General
Motors
General
Paint
Preferred
Corp
Oil
——_4
—
Paraffir.e
15S
10
Mar
11%
Jan
43
450
41
Feb
60
Jan
85
15%
Feb
15%
Feb
Golden
4%
State
Co
Ltd
4
common
9
9
28
2.10
2.10
2.25
1,500
28
28
28
100
28
29%
29%
120
28%
60
12
Apr
a7%
preferred
common
Goodyear Tire & Rubber
(Un)
Pullman
Radio
iy4
North
Greyhound
Ry
pfd
non-cum
(Un)_*
a38%
Corp
3
RR
Inc
Preferred
Bros
Stores
Inc
•
Pineapple Co Ltd
(Un)
Co
Hobbs
Battery Co class A
Holly
Development
Honolulu
Oil
(Un)—i—4
Co
Corp
Hunt
Corp
__.
»
Foods Inc
Hupp
„
1
57
6%
1
(Un)-_-___
—
Oil
Cement
Maryland
Ibaho
Power
Mines
Co—
Corp
(Un)__1
-j,
(Un)
33 %c
of Canada
International Tel & Tel
com
__
17'/a
(Un) _•
(Un)
Corp
(Un)__
Kaiser-Frazer Corp
Kennecott Copper Corp
(Un)
Kern County Land Company
Leslie Salt Co
5%
1
—
*
__
5
__
10
Libby McNeill & Libby
1
7%
7
Lockheed
—
Loew's
Aircraft Corp
Inc
(Un)
Por footnotes see page 46.
'*
"
—
al8%
26%
Apr
28%
Jan
53 %
886
50 V4
Feb
54
Jan
267
100 %
May
104
Jan
49 % Mar
*58
Jan
.
15%
Feb
26%
24%
Feb
26%
251
91
91
138 %
__
26%
90%
140
135%
May
26 % May
96 % Mar
142 %
Jan
39
Feb
39
15
-
■
19
Feb
89
70
a38% a38%
—
3%
4%
Feb
Apr
Feb
Jan
a3%
163
9%
9%
445
8%
17%
17%
584
16%
a21% a21%
a37/8
75
20
Mar
24 Vo
Feb
15
Mar
17%
Jan
a3%
.
a21%
Feb
10 % Mar
Feb
20
Jan
15 %
15 %
436
10%
39%
11
355
Jan
11%
__
39%
613
60
60
230
39% May
52 '/4 Feb
*49%
60
15%
a35% a36%
1,625
14% May
21%
Jan
100
32%
Jan
35
Apr
856
11%
Feb
14%
7%
Jan
—
.
='
__
:
14%
„
12
__1
8%
11%
12
8%
8%
8%
302
;
-
60
Apr
Feb
May
'!•'
;
9
Jan
Apr
Jan
22% May
28%
520
29 %
May
34%
Feb
a20%a21%
35% 35%
al6 a 16%
124
26%
Jan
187
21%. Apr
35% Jan
36%
Feb
101
16%
19%
Jan
a23% a23%
1
20
30
A
4
Shell
Union
Apr
!
38
24
2,221
24
140
21%
Feb
38% May
25 % Jan
27%
27%
100
25%
Jan
29
23
7c
23%
560
16%
Jan
23 % May
7c
16,200
6c
Feb
lie
Mar
37%
37%
124
34%
Feb
39%
Jan
a35% a35%
120
Feb
38%
Jan
26
37%
37
4
__1
__
5
P10
7c
4
;
Oil
15
—
4
a35%
5 "
Coalition
King
(Un)'
26
3
;
V :•
„
,v:
f
Sinclair
Oil
(Un)—u-j.
Corp
Socony-Vacuum Oil
Soundview Pulp Co
Calif
Southern
4
(Un)_—
Edison Co
__
—
Jan
25
>v
26
-
•;
3
.
'31
100
20%
3
v' 100
-
„
25
25
—
Apr
I
24
Apr
19%
Feb
15
Feb
17%
Jan
662
23% Mar
28%
Apr
32% May
32%
32%
687
29%
24 %
191
24 % May
27%
27%
204
26% Mar
28
Jan
25%
29%
29%
29%
—
28
28
140
27%
Apr
25
33%
33%
39%
33%
140
33%
40%
40 %
1,127
Apr
Feb
26%
8%
26%
8%
196
35c
35c
al8 al8%
225
63%
65'/a
2,603
68%
19%
68%
19%
17%
a29
190
Feb
29%
Jan
29% May
28% Jan
Mar
_25
4.88%
Feb
677
1,705
22%
16
25%
830
——25
preferred
Jan
May
-v.'--'
22%
15%
25
4
Preferred 4.56%
3%
May
24 %
(Un)—4
com
——
4.48%
pfd
—
15
5
preferred
4.32%Conv
Jan
Jan
So
Jan
8outhern
28%
Jan
18
California
Gas
Co
pfd
A
ser
Co—
Pacific
1
2
Sperry Corp
Spiegel Inc common
Feb
39%
41 %
May
42%
Apr
729
56%
Feb
62 %
Feb
Standard
Brands
11%
688
11% May
16%
Jan
Standard
Oil
16y2
155
16% May
17%
—
39%
35%
Jan
49%
Jan
27%
25% May
8% May
100
Jan
98
58 y4
Apr
9% Mar
Feb
37%
36
—
1
Signal Oil & Gas Co class A
22% May
341
__
10
(Un)
30
—
4
claa3
Co
Roebuck & Co
55«
23V»
250
22%
Apr
25
Feb
11'A
628
10
Feb
12%
Jan
10
58%
57
124
2
41%
Apr
62%
Feb
44
1 % May
1,835
455
38
Feb
;
Spring Valley Co
Swift
&
\\.
•
May
39%
Apr
Feb
812
12%
Jan
13%
645
16%
Feb
May
19% May
23% Mar
Apr
3% Mar
So
"
'
19 V2
18
18
12
2.55
2.55
100
57
57%
680
al0y8al0V8
.
18
2.60
52
■
25
1.90
2.00
Feb
32%
32 %
130
16 y2
17%
5,745
145
Feb
66%
Jan
Feb
10% Mar
2
Feb
2 % Mar
1.90
1,000
v,
Oil
Corp
Jan
10
149
32 %
7%
-
8%
2.20
Jan
Jan
32 % May
Feb'
Feb
5%
43
42%
29
50
37% Mar
5% May
6
2,150
43%
4"?%
29%
433
43
875
40
110
29
May
7%
7%'
19%
19 %
al8al8'/4
150
Carbide
Union
Oil
Co
„
25
__
common——10
17%
a28%
■
.
'
.
.
.1
■'
32c
Jan
35c
Mar
18
Jan
20%
Jan
56%
Feb
67%
Jan
67
Feb
72%
1,000
16%
Feb
20%
262
16%
Feb
18
50
30
Mar
75
49
30
Jan
Jan
Mar
Mar
__
Feb
54%
20 '/a
Feb
25 %
10
Jan
12
407
36%
25%
Apr
Feb
41%
308
a547/8 a55%
22%
22%
490
11%
6,116
11%
Jan
Jan
Mar
2
11%
4
—
Carbon
&
Calif
of
United
(Un)
common
a38%
a37% a38%
25
30%
30%
12%
13
a23% a23%
12
12%
200
11% Mar
24
Feb
13"%' Jan
24% Mar
Air
328
10%
Jan
14% Mar
750
2%
Jan
cap———12%
Corp (Un)
5
Aircraft
United
Lines
United Corp
U
S
Steel
10
Inc
of Del
31%
Jan
11
Apr
Victor
Equipment
Wells Fargo
39%
9
Jan
(Un)
„
—
3%
24%
71%
71
71%
40%
40%
—
1
—
(Un)
25
3%
23%
<Uni__——5
5
12%
2.50
8
,
12
Apr
24 Vs May
69%
Jan
78%
Jan
41 %
310
35
Feb
45
Jan
2.50
"8
125
327
8
12%
650
9%
2.05
270
Feb
Mar
Jan
276
273
276
40
1.10
1.10
6%
6%
1.20
7%
13,530
1
1,835
6%
Jan
5
16%
15%
Feb
678
16%
7
130
1
16%
6%
4
—
!
3%
23% May
996
"
——100
common
Jan
31% Mar
565
_
(Un)—l
Bank & U T
Petroleum
Preferred
•
30%
4
Co
Warner Bros Pictures
—
10
Corp common
Utah-Idaho Sugar Co
-
24%
1
(Un)Theatre
Paramount
United
85c
Apr
Feb
2,70
Apr
9%
Jan
12% May
281
Jan
1.20 May
7%
Jan
Jan
May
55%
Jan
Feb
46%
Jan
Western
32 % Mar
Western
We6t
Coast
Life
Air
Insurance
Lines
Union
8%
Jan
Westinghouse
2 to
16%
Jan
21%
Apr
Woolworth
117
14%
Jan
18% May
7% May
„
Union Sugar common
17% May
28 % Mar
19%
/.
t
v -
(Un)
Ass'd
„
—25
—
,
—
63%
42
11% Mar
8%
35
al%
25
i
10
—
Company
Transamerica
4
(Un)_
(Un)
35c
4
(Un)
pf N J
Corp
Water
Tide
(Un)—
Calif
of
Corp
"
■
Inc
Co
Mold
—4
______
Oil Co
Studebaker
Super
Jan
2% Mar
10%
455
13%
18 y4
a33% a33%
.__4
825 -
1,277
4
;
Inc
Mining
Maurico
Westates
Johns-Manville
Jan
27%
19
•
—
Sears
23 y4
10
4
Jan
32%
Jan
18%
__4
Stores
Safeway
7%
a27% a28%
20
Independent Exploration
International Nickel
2.00
35%
May
30%
'
4
Universal Consolidated Oil
Idaho
Apr
30
-
18%
—33%o
25
;
Corp.—
Bros
Mar
al%
1
Feb
33
230
155
25
Richfield
Mar
12%
.
33%
916
53
50
—
Riverside
Roos
1
a37% a38%
1134
11%
13%
4
4,811
34
52%
1
Steel Corp (Un)
Reynolds Tobacco class B (Un)__
Rheem Manufacturing Co
14
"
Hawaiian
Feb
Jan
100% 100%
100%
1
•
(Un).._
Union
Hale
8%
6
32%
52 %
4
(Un)
Republic
10
iy8
„
Feb
Jan
Apr
*
3%
27%
52%.
»
of America (Un)
Radio Keith Orpheum (Un)
Rayonier Incorp
common
Texas
Great
Jan
13%
'
30%
31%
27%;
10
Corp
330
a41% a42%
__
1
Jan
30
May
7
Jan
Jan
33
33%
i
100
Oorp_—
Puget Sound Pulp & Timber
1
58V2
4
Graham-Paige Motors (Un)
2,020
2.65
Apr
30%
32%
i
.
100
Pepsi Cola Co (Un)
Phelps Dodge Corp
(Un)
Phillips Petroleum Co
Jan
23
100
40
4%
1.95
53
10
(Un)
Pictures
Pennsylvania
Jan
11 %
__
a7%
4%
4%
May
4
(Un)
14
Jan
al2% al2%
4
common
(Un)
16%
11 y4
9
—
25
Companies common
Standard
Gliding McBean & Co___25
Jan
al5
V
com
58
I6V2
12%
' 11
25
Airways
American
Pan
14
37y4
4
common
Mar
10%
25
——
a42V8 a42%
58
Jan
18
41%
25
com
Packard Motor Co
23 y4
__
__10
11
Feb
10% Mar
4
Tel
Western
1
__
*
Corp
Feb
17%
al4%
4
11%
4
Geqfral Foods Corp (Un)
i56 May
1,200
(2
23%
9%
17
—
5
Cement
Preferred
14
__
250
al9
al5
5
preferred
Convertible
1
alO
41%
5
common—.
Service
&
250
al9
—
4
:
Corp
Public
Tel
10 % Mar
11
a9%
—
".••• ••'•»
Portland
1st
560
11
4
preferred
Pacific
Pacific
11%
19% Mar
11% Apr
1
-
preferred
Lighting
preferred
7% Mar
Feb
Apr
20
—
Pacific
Feb
17%
10
Filters class
v.
Jan
6%
800
100
(Un)
(Un)
Electric
15%
120
18
100
common.
Cons
cap
Co
12
7%
!_
10
1st preferred
red
5'/o
14% May
35%
__
Jan
11%
„
1
(Un)
(Un)
&
1st
5%%
Jan
9 %
265
a43%
__20
Liquidating Corp
General
9%
232
27
25
__
Jan
,22c
-
12
7%
;
4
(Un)
Railway
Co
Co
Can
6%
•
■
,
263
9%
a47% a48%
*
■
10y8
a48y4
(Un)—_5
Co
-
27
27
4
Share
&
if -
9%
__
—4
Jan
97 % May
9%
„
5
—
Dominguez Oil Fields Co
2.10
35c
17%
—
Silver
Di
1.50 Mar
673
Apr
May
322
97y2
5
___*
____.
Apr
12,400
''
(Un)
Pacific Coast Aggregates
San
Zellerbach Corp common
Crown
37
a—
—
Jan
6V2
_100
Inv
Co Ltd
Oliver United
Apr
10
22%
1
1
Bank—'
Natl
100
a407/8 a41%
—
(Un)_15
_
Apr
11
3%
__
(Un)„4
Co
_
Jan
10%
26%
3%
25
May
a__.1"
Feb
Jan
al5% al5%
♦
Edison
32%
57%
10%
__
0
(Un)
Commonwealth & Southern
Jan
•
'11
*
(Un)__
a23% a23%
a23y2
35
5
Apr
26c
•
(Un)_
cap
Oil
Pacific
Paramount
Caterpillar
62
21
Apr
31%
__
—25
33%
432
1.55
5
(Un)—
Aviation
North American
Northern
Apr
a52% a53y4
33'A
California
Canada
550
18
Jan
23%" Jan
25c
__
1
Prod
North American Co common
Pacific
California
(Un)
Lines
North American
Jan
class
31
10% May
_•
(Un)
Co
York Central RR cap
New
Jan
5
Tile
370
10
&
Distillers
Pacific
—
Art
High
30 % Mar
~
1.50
"
_1
Co
National
Jan
22
14 % May
California Cotton Mills
California
P10
—•
1
Nash-Kelvinator .Corp
Mar
Mar
40%
370
14%
Mines
10%
a32% a32%
a34%
18
Cons Un)____
Ward
*
-BorgrWarner Corp (Un):
(Un)
Low
120
31
21% 22 %
a34% a34%
•
.
RaDge Since January 1
High
31.
v
10%
(Un)-!-.-.—4
Lode
Moriison-Knudsen
Jan
Co
Shares
-
Montgomery
Jan
1
Airplane
*
5
Co____
Mother
J&M&M
Pac
Bishop Oil Co
Blair
Eoeing
Mfg
Mindanao
'
Holdings Corp (Un)
Machine
Bancorporation
for Week
Low
.
1
McKesson & Rohbins Inc
Menasco
Par
comraon_._______4
Pacific Amer Fisheries
425
Range
Feb
a7
4
H)
Co
Calculating
Marchant
Marine
(R
Co
Mar
7%
9% Mar
42
Jan
Mar
32c
10% May
25
Jan
6
%._ Feb
Apr
6% Feb
56
May
20% Mar
20% Mar
150
10%
Jan
31 % Mar
5% May
a43% a43%
5
Appliances—
(Un)
a9%
10%
__
5
Steel
34%
872
6%
__
100
(Un)
27% May
28 y4 Jan
"310
30 %
29c
3
(Un)
com
Feb
5%
13
common
37%
a21% a2iy2
10P
(Un)
Apr
27%
a88%
__
a21%
2.50
Atok-Big Wedge Mining Co.
Avco
Mfg Corp (Un)
Jan
25 y4
5%
__
100
—
Diesei
61%
878
27
Apr
a8%
a9%
5
—
Jan
l^a-May
53'/a
30
30
149%
Jan
50
27%
20
Arkansas Natural Gas Corp cl a
Armour & Co ( Iili
(Un7
Atlas
2u"/8
27
143%
iy8 May
7,529
a50 a50%
4
Mining (Un)
181 ~
1%
14
Anglo California National Bank
Earnsdall
al41% al41% al42%
.
American Viscose
American
Co
&
Magnavox
a 23%
a22% a23%
y'"
•
.
Macy
i
cap
Stan
Sales
for Week
Sales
Week's
of Prices
Last
Sale Price
•
(Un)
Ltd
&
STOCKS—
10
Co
13
Exchange
Week's
Range
Low
Par
Reduction Co
Air
-
Sale Price
s
.
"
Last
WEEK; ENDED MAY
Friday
San Francisco Stock
STOCKS—
FOR
(F
Yellow Cab Co
Inc
(Un)
Telegraph
Elec
W)
Corp
<Un).
common
(Uni
(Un)
(Un)_
12 %
22%
10
a46%
—-1
—
al5%al5%
500
40
5%
15
Feb
Feb
17
7%
Apr
Apr
16% Mar
22%
235
22% May
26%
a43 a46%
7
7
221
44%
Jan
47%
Jan
100
6%
Jan
7%
Apr
22%
Jan
41
THE
COMMERCIAL
CANADIAN
FOR
RANGE
Par
Abltlbl Power ft Paper common.
$1.50 preferred
100
Tel
780
24%
125
21% Jan
41%
10
42%
100
555
Mar
50%
51%
3,239
25%
25%
25%
3,265
25%
.25
pfd
.50
44%
44%
.100
68%
Warrants
290
5%
6
1,040
68 %
68 %
5
15c
Corp
15c
1,700
21%
22%
934
a86 % a86%
——
21%
Teleg preferred—.
a86 %
Steel
Car
Wire
Weaving
Bell
Power
Telephone
ft
Paper
class
•
A
102 %
56
Mines
Brazilian
Trac
Ltd
61%
Light ft
Power
Preferred
40
44
Ogilv'e
6%
Jan
British Columbia Elec Co 4% %'
pfd.100
British Columbia Forest Products
•-*
British Columbia Power
15c
20c
21% May
a__
Corp
Bruck
Mills
Class
A—9
class
A
•
class
A
Canada Nortnern Power
Corp.—
Canadian Bronze
Foundry
Apr
25%
Jan
98
135
97%
2%
Apr
101%
Jan
2%
21
1,470
15
24 %
Febi,
26%
15
Apr
17
5
Jan
22%r 22%
155
29%
140
30
25%
25
25 %
28
9'
a97
r'
140
a97
Bros
98
class
Jan
98
450
13
Mar
14%
235
35
Mar
37%
20%
20%
20%
2,908
22%
22%
22%
150
20% Mar
12%
19
525
14%
14% May
17
1,451
19% Feb
20
100
65
47%
47%
a26 %
a27
133
133
25
27
27
50
8%
9%'
485
46
26%
133
26%
9%
29
30
13%
9
1,011
8%
13
8%
13
133
Feb
28%
■i
11%
9%
13
310
1,778
95
Apr
200
20
Feb
30
35
Jan
38
36%
36%
37
6% preferred
25
Dominion Dairies common ———*
19
12% Mar
14%
37%
18% May
21
490
15
a25
a25
8
Mar
10
25%
Apr
27
38%
570
35%
Feb
39%
34
25
31
Feb
25
15%
*
Chemical
15 Va
24%
24%
•
24%
11%
11%
24%
24 V2
1 _*
1,795
24%
24 %
common..*
common.
15%
12
25
21%
Jan
400
21%
Jan
Feb
12
15%
12%
12%
40
14VB
14%
385
*
27
25%
27
22%
22%-
__?4
170
__
293
a23
77
10
15% May
%
40
24%
46
46%
1,197
276
210
*
Jan
7%
27
.___
May
17%
102 %
Apr
2
106
Jan
2%
14
Feb
15%
Apr
Apr
102 %
150
14%
Feb
15
15%
10%
1,651
8%
alOO
alOl
10
100
30
835
27
46
185
44 %
1,365
42
18%
(?, 866
16%
Ltd
25%
805
24%
Jan
25%
a7%
6%
Jan
7'A
22%
23
1,100
19%
Feb
23
Jan
97
a98
10
8 %'
8%
200
5%
25
31%
31
31%
49
50'A
2,677
8%
9
8%
1,315
52
53%
600
14%
13»A
14%,
2,787
Apr
8%
375
82
8%
78% Mar
85%
25
80% Mar
85%
411
14
Mar
16'A
al60
al60
5
160
Apr
8
6
Feb
a6%' a6%
'
6%
__
27
•
Illoo
'
25
v
"27
Jan
14% Mar
25
16%
;
Apr
May
Jan
28 %
Jan
25
40
21
Apr
25
Apr,
75
18
Mar
19
Jap
33' 34%
1,592
27
Feb
37
Apr
5
98
Jan
100
Feb
'
a98 % a98%
19% Mar
20%
24
10
35
10
10
__
Feb
Jan
Jap
25% Feb
26%
Jan
34%
206
34
Mar
36 %
Apr
25%
25%*
35
25%
1,613
25
Jan
26%
Apr
Week's
Last
Glove
Steels
30 %
:
Apr
36
Feb'
58
13 %
Power
*
*
ft
Ltd
Distillers
of
13%
•
—
G
85
85
50
2%
3
3,000
12%
59%
22
825
a52
6
a21
15
12% Mar
20%
1,820
18%
Feb
23
17
.42%
Feb
50
Jan
16
Apr
16%
Apr
7
Feb
8%
Jan
15%
a47% a47%
*
300
•;:
5 v':"
Light
ft
Vickers
Ltd
7
7
16%
101
15 % Mar
17%
Jan
19%
20
473
19 % Mar
22
Jan
173
172
173
10
171
Jan
•
75
75
75
20
75
May
_100
a31 %
a31 a31%
-1- 80
30
1
Power
Co-
1.35
25
6%
2.00
Jan
com..*
al.00
al.00
12
1.25 Mar
2.00
Jan
*
a9%
a9%
20
9% May
•
82%
82%
2
3 38
•
r
40
63%
120
100
113
20
"113
,
5%
Claude Neon
General
100
113
pfd__—.15
15
3% Feb
Apr
15
50
6
100
Commercial
Alcohol
Adv
Ltd
Ltd
com—•
common
preferred
Mar
15
Confol Tex
Jan
May
6% Mar
92
Apr
17% Feb
8
9%
7%
100
9
35c
10,400
•
3%
150
5
Stand
Sec
Mills Ltd 5%
cum
6
6
a50c
a50c
16 %
16%
18
18
18
-'845%
a46
pfd___20
Jan
6
May
9%
Jan
25
6
Mar
7%
,.
35c
Jan
18%
Apr
125
13
Jan
19
30
42
Feb
48
Jan
40
Mar
Jan
37%
37%'
37%'-
100
37
Apr
*
12%,.
15%
12 "A
125'
12
May
6%
6%
25
6
Apr
105
105
65
105
May
Eastern
Steel
Federal
Grain
Products
Ltd
•
__
Jan
Jan
Worsteds
12%
Feb
15
Jan
Feb
20
Mar
Co
6%%
red
pfd—100
Fleet Manufacturing Ltd
Ford Motor Co of Canada class A
Freiman Ltd (A J> 4%% pfd__
Jan
Jan
*
ft
Jan
Feb
*
Woollens
Jan
6
35c
Engineering Works Ltd
«
Feb
60c
15%
Dominion Oilcloth ft Linoleum—A
Jan
22%
*'
1.70
1.70
200
9
21%
22%
305
100
a86
a86
10
13
13%
1.50 Apr
20%
13%
.
,
Jan
7»A
Jan
105
■
2%
Feb
26
—
a
Feb
May
Jan
a__
Jan
May
19'A
Jan
51
Jan
52'A
Apr
21%
Feb
23
Jan
23 %
15
Jan
Dominion
May
95
37
Mar
■3V* Mar
3,336
A__*
Feb
116
Jan
'
25c
25
16%
class
Apr
Mar
12
.
Feb
17
Feb
Div
30c
4
52
--
May
6
9 "4
Mar
May
15
6
3%
,
V
Jan
84
Feb
10%
30c
__9
11
Feb
50
.
9%
•%•:
2—___9
Ltd
Jan
—
2,150
1
LtcL.u
Jan
33%
52
Co
81
Feb
3%
Products
178% Feb
1.35 May
11%
Wines
Feb
550
Lumber Co
:
9
1.35
common
preferred
Apr
1.35
common
Chateau-Gai
Jan
Jan
-Apr
16%
11
Food
13%
33
20
52
Knitting
Feb
Mar
Jan
100
360
a21
Feb
•
Ingersol Rand Co Ltd
475
33
Apr
11
Cassidy's Limited
Celtic
Jan
84
20%
20%
*
common
preferred
Catelii
103
5
common.9
Invest Ltd
Canadian Western
I'/o
Jan
'
Jan
May
Ltd
Feb
4
,75
a
Canadian Westinghouse Co Ltd——*
Jan
Feb
Products
106
Apr
11%
12%
Gen
Jan
11
11
30
9
150
86
6%
Jan
Mar
May
2 %
100
Dominion
36%
a86
85
125
6%
36%
2%
32
75
35
Jan
12%
25
910
Jan
15
32
8
al9
>14
12%
8
13%
Feb
Jan
6%
5% Mar
60
r—-—9
Fairbanks-Morse Co Ltd
13
19
12
14%
30
100
*
Vinegars Ltd
common..
13
a52
«r
_
15
6
Consolidated Paper Corp Ltd
21%
Montreal Telegraph
all
15
aG%
Canadian
,
36%
all
a6%
Ltd
Consolidated
a
165
5
Co
Jan
13%
Mar
16
Jan
202
165
1
16
15% Mar
298
165
Jan
May
Starch
19%
93
a
Mar
4
559
5
•
29
19%
4
12%
*
B
Apr
93
4
15
Feb
9
class
Feb
19%
4
High
Jan
10%
ft Dominion Sugar
Malting Co Ltd
Jan
•
1,195
10
Packers Ltd
6%
93
11%
1
16%
7%
11%
100
:
Butterfly Hosiery Co Ltd
14%
9
11%
1
180
13
700
Pulp & Paper com..9
130
22%
Low
10%
B__*
common
cl
Range Since January 1
High
10
al65
Company
8'7e
98
Low
100
Columbia
Ltd
Shares
*
•
Vancouver
Packers
for Week
of Prices
10
B__*
Columbia
.Canadian Pr & Paper Inv Ltd
5% preferred
Jan
8% May
Ltd
\
Sales
Range
:i.
*
*
Ltd
Canadian Marconi Co
Jan
48%
50
Works
15
Mitchell
*
24
25
1,180
18%
18%
33 %'
|
Jan
f% Jan
6 % Mar
9
1434
26 %'
Jan
22%
19%
8
*
*
27
27
14%
25%
__
25%
380
6%
Feb
Feb
170
420
9
—
Apr
266
83
15%
825
Canadian
Jan
s
pfd—
Jbn
2,075
24%
41
B
7%
23%
15
—
»
83
Jan
Jan
83
1—10
_
—
24
_
—
;
6
18% Mar
Feb
•'
-
18%
—
6%
17%
20'A
7%
Apr
5% May
1,221
50V4
.
_
25
Apr
20
20
Canadian
Jan
,
a98
24%
—
17% May
97%
15%
*
•
common..-.:
Canadian Industries
May
97
«
■
_
iqv2
;
—.100
,
Canadian Food
Feb
A)„
(Robt)
Molson Breweries Ltd
Montreal- Locomotive
Feb
23 %
Canadian
Apr
125
•
IIII5
common
Mailman Corp Ltd 5%
Massey-Harris
McColl-Frontenac Oil
May
17
253/8 ' 253'4
Canadian
Jan
_
MacKinnon Structural Steel
MacMillan Export class A
Feb
96
75
Canada
Jan
14%
52
_
16
110
Canada
Jan
19%
13% Mar
-9
III15
Ltd—
56%
Feb
770
5%
m
May
25%
—.
Corp
(John
150
93
"lT% May
23%'
Canada
Jan
a7%
—
Woods
17 %
Canada
Apr
46%
14
-
International Utilities
Common———
Preferred
Feb
31
,
23
lioo
International Nickel of Canada
International Paper common1
100
Apr
a7%
•
common.
Co
*
Brown
Jan
13%
-»■
International Petroleum
International Power
Worts
British
^
137/a
_
common
__*
_.
A-yif.'f'li
Brewers ft
10% May
Mar
45
43%
—-£1
15% Mar
19%
6%
83
•
.Brandram-Henderson
Jan
17
Feb
29%
'
42
(Johni
52%
Feb
46
'.
18%
preferred
150
96
6%
•
Paper Co Ltd
Eelding-Corticclll Ltd common
Jan
51
18%
Bronze
17%
253"4
Apr
100
42%
Corp
Apr
Jan
Great
Lakes
Class
A
Paper
Co
Lta
13%
corn-
prefererd
Halifax Insurance
Co
__
..10
8%
1
Jan
145
__10
Bathurst
Jan
7
*
Acceptance
25
Jan
17 %
—15%
_
Atlas
Feb
45
•
_
May
140
Canada
590
Imperial Oil Ltd
__
19
35
iqv2
Par
Jan
29%
Imperial Tobacco of Canada
common_5
4% preferred
Jan
200
19%
*
Acme
Jan
16% Mar
15
10%
.—50
1
Apr
48'A
19
96
*
i
Jan
25
140
Friday
*
100
15%
*
common
-42%
Apr
Canadian Funds
Jan
98 %
a51
10%
:ioo-.
preferred-
Paper
Jan
17%
17%
STOCKS—
28% Jan
a51
,
50
»
Jan
-.86
Montreal Curb Market
Jan
Apr
100
*
•24
Royal
15% Jan
24
15
14%
14%
Feb
97
45
1927—
Jan
19
25
-
&
Jan
Apr
14%
Feb
46
Apr
10
22%
39% Mar
23
!
'
-
140
19
1
-
103%
"
.
Apr-
24%
Jan
7.10 May
Feb
40%
•
common
preferred
Jan
Feb
14
22%
102 % 102%
*
17
11%
32
al6% al6%
common
23
75
24%
40%*
•
common
Banks—
6% May
18% May
11% May
85
40%'
*
17%
British
435
*
Ltd
Wares
Murphy Paint Co
11%
Jan
:
'
Feb
Nova Scotia
Jan
631
>
a97 a97 %
preferred
Class
123
a23
v "
100 %
110
Jan
17%
Feb
'!
Apr
<11%
Jan
5.90
250
76%
■
*
—•
common
Montreal
26% Mar
26% Mar
10%
.100
Ltd
103
6%
18%
11%
_
16
6,155:
6%
_
*
Power
tGeorgej
Commerce
Jan
305
15%
*
17%
Apr
3,265
*
Bridge
Bros
103
710
f
18%
s
*
Cotton
Canadienne
24% May
Hudson Bay Mining ft
Smelting
Lewis
103
.
.
100
preferred.
Ltd
5%
Jan
21% Mar
1
common
15%
34%
100
Secord
7.10
*
;
'
Winnipeg Electric
Apr
34
.
Lang ft Sons
16%
6.90
60
98
10% Mar
75
.
Jan
*
Feb
38%
class B
Goodyear Tire 4% pfd inc
Gypsum Lime ft Alabastine
Laura
I6V4
—*
Corp.A
8% Mar
34
Corp
of the
11%
com—9
Feb
19
a8
38%
preferred
Lake
Feb
97%
11 %
6.95 *
*
Apr
—9
certificates.
Textile
International
Feb
96
Apr
19%
Jan
785
___20
Preferred
Inglis
48
175
52
97%
Sale Price
Famous Players Canada
Corp..
Foundation Co of Canada—
Fraser
Co
common
6%
1,205
Jan
16%
a37% a37%
3%
8%
125
13
300
13
Apr
16
38 %
Feb
40
Jan
10%
Jan
8% May
-
Jan
42%
Jan
18%
19
Eddy Paper Co class A preferred—20
Indust
50%*
63
-
Mar
"
_1
;
Jan
122%
15% May
31% Jan
a8
•
Dominion Stores Ltd
Smith
13
it
50
_—
Apr
Dominion Coal
'
\
May
Jan
■v
!'
Jan
45
61
895
__
Feb
-97
Co
Gooderham
Weston
Wilsils
Jan
May
Canada
Ltd
Steel
Walker
Jan
24%
*
$2
3
15 %
__
preferred
100
—_————A—.——..
City
Wabasso
Jan
17%
95
15
_
7 >102%
Jan
*
—.—A—100
Canada
Viau Biscuit
Jan
36%
of
Canada
Stores
United
Jan
11%
Feb
8 %
1,280
Howard
61
37
15%
99
com
preferred
Twin
Feb
24 %
a38
Bakeries
Feb
96
15%
Dominion Foundries & SteeL.
Dominion Glass common.....
Jart
Apr
25% May
Apr
15% Mar
Tuckett Tobacco 1%
Feb
24%
a38
—
23
36% Mar
*
common^
preferred..—
Press
Co of
7%
Feb
27%
Mar
28%
100
15%
Power
47%
Jan
13% Mar
150
13%:
A.———
Dominion Steel & Coal
Steel
Feb
Mar
8% May
260
30
13%
15%
Renfrew
1,029
75
—
...—100
Breweries common—iA
Thrift
•
•
&
13
4%
Standard Chemical
22% May
May
9"% May
610
133
20
35
a27
9%
Feb
Jan
45
v
Apr
\
50%'
"
—*
pfd'
Flour Mills
Williams
Southern
22 % Mar
Apr
A
Southam
Jan
*
Holt
4%%
Voting trust —"
Simpsons Ltd 4%%
Jan
80
Distillers Seagrams
Hamilton
Power
45
61
—!_—!*'
preferred
Sicks
Jan
15
Crown Cork & Seal Co
trust
23%
12%
9%
.25
101
150
100
Paper 1st preferred
preferred—
£
7%
Apr
21%
20
*
preferred
21
20%
9%
_;
Bridge
Jan
14%
8%
23
Feb
37%
—9
Ltd C———
Oil
Sherwin
Feb
-~
Jan
59
Jan
15%
•
common
Lawrence
2nd
Jan
37
12%
Mar
,23% Jan
Jan
37
-*
Transport
Lawrence
Series
Jan
13%
12%
20
20%
*'
Shawinigan Water ft Power
Ja n
13%
Consolidated Mining ft Smelting——5
Consumers Glass
•
Steel
9%
36%
20%
Jan
42%
io-
al5'% al5%*
*
—
Co Ltd
ft
—
44%
1
:—
preferred.
St
Jan
37
.100
Cockshutt Plow
General
May
8% Apr
5
I25
,—
Canadian Locomotive
General
•
—
Co.
Corp of Canada
St
5% May
13%
♦
Canadian Pacific Railway
5%
common
Corp common—
:•
preferred
—_____—;—_—49
2nd preferred J
1
Feb
—.....
Gatineau
Ltd
River
__
1st
Feb
25%
B
Electrolux
101% 101%
-*
Development
Sagucnay
26%- Jan
28%
22% May
27% Apr *
25
6%
pfd—
Foreign Investment
Voting
20%
...
Tubes
St Lawrence
Jan
33
Canadian Ind Alcohol class A—
Dominion
common
Quebec Power
Jan
50
8%
Feb
Feb
11%
21
•V 590
4,645
Royalite
Jan
15%
.20
Fairbanks
Tar
3
Feb
26% May
29%
Apr
51% Mar
875
45
25%
Jan
550
*
-
preferred
Dominion
24%
325
*
common
common
Canadian Converters class A
pfd.
Canadian Cottons common
7%
Feb
*
—
series
Dominion
Apr
5%
20
Celanese
Corp
24%
Apr
14%
•
Class A
Cardy
15
20%
*
—
common
Canadian Car ft
Class
24%
Feb
Jan
50
Breweries
Canadian
22
18%
12
27%
100
5% preferred
6%
2,007
Feb
27
•
Safeway Ltd 4%% pfd
Canada Steamship common
Canadian
245
Jan
9.40
5%
____—*
Canada
$1.00
853
13% /
24%
41%
Mar
8
27
_______20
Forgings
42
20
150
44%
Provincial
Jan
5%
—*
$1.30 preferred
Canadian
19%
23
*
——
Canada Cement common...
Canadian
100
18% May
38% Jan
•
,
Building Products
Canada
4,917
15%
38%
Jan
10"%
1,016
24%
Price
1
9.25
a26% a26%
—
r
;
High
L':
40
580
22*" *
54%
"
Ltd
B
cl
20%
21%
53%
i_
Power
Jan
a__
—
41%
2%
'20
—'
1 -22
.■) 53%
21
Placer
Jan
26%
May
1,285
27a
50
24%
Powell
Mar
18%
98
10%
-•
Page-Hersey
Jan
76
98
__.__._25
Mills
Flour
Penmans
5% Mar
68
24%
24%
10%
Electric Rwys __—
*
Light, Heat ft Power com—i*
prefeired
ij.__.100
5%
Jan
47
Apr
24%
*
158
*•«
18%
19
•
a42
343A Mar
Jan
9.25
*
British American Bank Note Co
British American Oil common.—
a41
Ottawa
Jan
26%
Jan
41%
41%
2,005
Ottawa
Jan
18%
———V
*
-*
Low f
33%
a42
__
Range Since January 1
High
30
*
Jan
13%
25
——_>
Bralorne
18%
Corp
Shares
Jan
4%
Bathurst
36'
Ltdi
Mines
' for Week
.
44%
—
National
Noranda
Jan
24%
&
Drug
Sales
Range :
of Prices
Low
-•
—._———25
Chemical pfd—5
Niagara
Jan
20%
41% May
50 % Apr
pfd__
4%%
Argus Oorp Ltd common
4%% preferred
ft
18%
17%
preferred
National
High
13% Apr
17% Apr
51
Canadian
Tel
Low
535
.
100% 100 %
42%
Aluminum Co of Can 4%
Assoc
Range Since January 1
High
13%
7%
18
100%
Aluminium Ltd
Asbestos
Shares
Low
Algoma Steel
Anglo
for Week
24
Acadia-Atlantic Sugar class A—
5% preferred
Week's
Last-
Sale Price
,>:/:>
■
National Breweries common;
of Prices
18
;>
,
Par
13 %
13%
Ilao
—
13
STOCKS—
Sales
Range
Sale Piriee
MAY
ENDED
1
Week's
Last
Monday, May 16, 1949
MARKETS
LISTED
WEEK
CHRONICLE
Exchange
CAMdlan Fonda
STOCKS—
FINANCIAL
Friday
Montreal Stock
Friday
&
Jan
v
!
Volume
169
Number 4803
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2135)
CANADIAN
RANGE
Friday
STOCKS—
Week's
Last
Par
Hydro-Electric
Loblaw
Sccur
Groceterias
Lowney
Co
Ltd
Corp
class
MacLaren Power & Paper Co—
Maritime Teleg & Tel Co Ltd com,.10
■,1'm preferred —'
Massey-Harris Co Ltd 6%%
Maxwell; Ltd
Melchers
Mica
Canada
&
pfd 20
i
Distilleries
of
Minnesota
conv
i..
Ltd
6'k
_J
Paper
"
Moore Corporation Ltd
Mount Royal Rice Mills
Newfoundland
-
Scotia
6%
Lt
Lt
&
Pr
&
Pr
Paton
n
c
part 2nd
Reitmans
Russell
(Can)
Pr
red
6'/c
Jan
39'A
Jan
17%
Feb
18
150
1.7%
Jan
18'A
26%
25
2 6'A May
27%
«
325
al2
80c
2,850
al7
Jan
Mar
12%
1.10
Apr
125
9
50
151/2
135
300
15% May
16% Apr
1
110'A Mar
17%.
65
Mar
a20
a2Q
10
20
105
105
40
104
52
52%
53
20
53
125
9%
111%
Mar
20
111
Mar
54
Feb
16%
17
395
16%
Apr
18
600
16'A
Apr
18%
Trans-Television
113
*
45c
45c
Anacon
lead Mines
Mines
10
10
270
65c
15,450
Gold
Centreinaque
Mines
Gold
Central
Explorations
20
Feb
21
Apr
24
Jan
12%
12%
2
12% May
16
Jan
a30
10
35
35
Jan
May
65c
Jan
65c
Jan
Atlas
18 %c May
25c
a2%ca2'Ac
«
gc
1,500
2c
Jan
3c
Jan
Bankfieid
I,000
5c
May
13c
Jan
Bank
18c 18 'Ac
.
Ltd—1
6c
1
Ltd
Sol Gold
1__.
Mines Ltd
Fonnaque Gold
11c
11c
2,000
19V'4
710
49c
50c
2,000
17c
18c
4,000
8c
9c
6,000
Ltd..
Goldbeam Mines Ltd
Consolidated
Mines
Ltd
Lake
Shore
Mines
Gold
Ltd
May
60'Ac
Jan
17c
May
25c
Feb
8c
May
16%c
Jan
10,200
1,000
2.30 May
35c
3.45
May
40c
52'Ac Mar
78c
5c
500
10
5c
rnn
15c
7,000
al'Acal'Ac
36%c
r
_l
9'Ac
Mines
,
„
3.50
Nechi
New
314%
3'Ac Mar
2c
Jan
35c
Mar
1,100
3.35
53c
Apr
Jan
6.25
700
95c
May
1.40
Jan
100
11% Jan
147/a
Apr
6.10
1.08
800
5.85 Mar
6.10 May
1.45 Mar
94c
May
4c
4c
7,500
4c
Mar
6%c
10c
lie
12c
18,000
10c
May
45c
Jan
29 %c May
70c
Jan
4,500
1
'New
Marlon
Normetal
'
33c
5
29 %c
33c
7,600
62
62 %
330
9.25
9.25
1,695
a78c
a78c
100
72c
22c
__
9.25
24c
1,750
22c
8c
51
Jan
62'A
Apr
12%
Gold
Ltd
1
Mines
Mining
Corp
Ltd
1
Ltd
&
8c
1,000
2.28
2.28
84c
Jan
May
31c
Mar
2.50
2,525
May
22c
2.28 May
1
1.65
__
1
8c
4c
1.66
1,100
8c
—l
3.30
3.75
3.75
8%c
500
3.50
1
8%c
Metals
8%c
1.60
Mining Corp..
Quebec
Labrador
Manganese
Rochette Gold
1
Development
Mar
Santiago Mines Ltd
Sheep Creek Gold Mines
Ltd
50c
Ltd
Mines
Ltd
Apr
Jan
11 'A
1,230
10%
11'Ac
12c
2,500
10c
14c 15'Ac
14,100
14c
14'Ac
\
__
6c
7c
25%
8'Ac
36'A
22c25'Ac
33,200
common—
*
25
14
41%
class
A
*
—
Gold
Mines
18,300
5'/ec May
16c
Jan
25c
479,800
10'Ac Mar
25c
May
22c
Apr
40'Ac
•
i
■_
Jan
Jan
8c
May
Apr
4.50 Mar
■
V'
Oil
Co
Co
Ltd
18%
Oil
19
5c
24%
24%
24%
258
Elec 4%
preferred
pfd——100
Forest
Columbia
Packers
Class
88
class
*
10
86
May
98
May
101%
Jan
Feb
3
Jan
10%
10%
25
Apr
13
Jan
6
6
100
26
26%
272
A
*
*
26%
-*
29%c
Oil
Broulan Porcupine
LtdJ
•
Co
Montreal
South
__
For
15%
15'A
50
17
Jan
1
12c
Buffalo Ankerite
1
2.20
Buffalo Canadian
*
ll%c
Buffalo
Red
Lake
1
__
12c
13c
2.15
2.25
3,916
11'Ac 13%c
16,300
3,500
Products
*
6c
6c
27%
% Bunker
Hill
*
-
Burlington Steel
4%c
3,000
&
Co
Burrard
class
class
B
•
A
15
•
Bousquet
—1
13%
35
3'Ac May
12% Jan
14'A
15
25
15
May
17%
Feb
7%
150
7
Mar
8y«
Jan
8c
500
8c
•
6%c
6%c
Calmont Oils
1,000
Linen
Flin
2nd
pfd
—!
Flon
__
__
1
42c
♦
22%
22%
22%
1.45 Mar
1.90
27c
Apr
Apr
52c
64c
109.750
52c
May
1.08
Jan
common
42c,
Mar
1.28
Jan
6.10
•
common
Canada Northern Power
Jan
"
B
10
100
400
4.50 Mar
7'Ac
8'Ac
9,200
7%c May
8%c
8'Ac
1,000
8'Ac May
89 %c Feb
32
•
Jan
Jan
Jan
8%
35
8% May
10
Mar
32
32
10
31'A Mar
33%
Steamship
Lines
common
Preferred
Canada
Wire
*
Jan
-50
Cable
&
class
15%
15%
695
15
Mar
16'A
Apr
—
13%
13%
50
13
Mar
14 V*
Jan
36%
36%
37
125
__
A
79%
79%
25
24
1,125
21
2,260
Canners
Ltd
preferred
Canadian
Canadian Celanese
1.80
1,600
4,770
9.70
16,500
9c
Feb
May
'
2.00 May
13%
2.33
2.36
4'Ac
4%c
500
2.93
2.70
3.00
7,600
•
'
14c 16'Ac
600
10,700
1.20
-
A
14c
Jan
.
16
*
Preferred
A
80
22% Feb
19% Jan
24
Jan
21
Apr
16%
695
15
18
Jan
23 %
55
23
Apr
25
Mar
16
16
156
15
Feb
18
Jan
May
17
Jan
Products
common
15%
15
15%
765
15
20%
21%
710
197/«
Feb
22% Jan
38'A
39
125
36%
Jan
39
23
23'A
55
23
Apr
28'A
Jan
6%
6%
6%
1,620
Apr
8%
Jan
—
13%
Jan
—
•
.-■*
63A
2.60
Apr
6c
Jan
Canadian Ice Machine
Apr
Canadian Indus
10'A
10'A
90
10
Apr
74
74
74
25
74
May
77
Feb
1
—
5
5
100
5
May
15%
Feb
9
May
11%
Jan
Feb
36'A
Jan
79c
Jan
15'A
Feb
Jan
3.00
Jan
25c
Preferred
Canadian
May
100
—
—
Feb
13c
Feb
20'A
*
4'Ac May
2.10 Feb
Ltd—
Apr
•
—25
Food
Apr
—20
common
Canadian Dredge
Canadian
37'A Mar
79
23 %
Jan
Class
4%c
•
35% Mar
15%
20
—
class
Car
*
common
—
Conv preferred
Jan
Mar
Apr
50
20%
9c
3 %
28
23'A
12c
Jan
3.75 Mar
Feb
26'A
24
Jan
54c
Jan
2%
Apr
20%
6.60
Feb
2.70
„
Canada
1st
5.90
8%c Jan
Mar
su*
5.30 Jan
Feb
Mar
,-10
3.60 Mar
Jan
6c
38c
,
26
Breweries
1,900
i
43
Canadian Bank of Commerce
4.05
Jan
6.60
22
Canadian
3.85
Apr
17'A
Feb
25
Feb
8.50 May
3c
Feb
lie
Jan
70
'
Jan
9,900
Feb
4.30
27
15
4c
#
:
6c
16%
49
10c
9.00
Jan
49
4'Ac Jan
8.50
3'/2C
May
8%
•
Packers class A
Class
2,100
12,475
■'
5c
27
__
Jan
1.34 May
73c
Jan
5.40 May
2%c
Jan
Jan
4%c
Jan
17,400
III,000
9'Ac
33
May
15
14c
53c
Jan
4'Ac
10'Ac May
Feb
Jan
13%
500
45c
3.05
20c
27
40
14c
Jan
24c
5'Ac Apr
7,750
'
Jan
Mar
7%
*
__
Burns
Jan
May
May
1.92
11c
300
8c
7c
Apr
12c
7,500
27
3'Ac May
1
Ltd
Ltd—
15
Alco
common-
"A"
voting
*
9
9
9'A
*
Locomotive
30
30
30
15
65c
68c
3,450
13%
13%
263
143
143
10
Z
665
28'A
to
Stock
Brazeau
FeD
Jan
2%
__
Oil
87c
37c
2,000
9'Ac
Jan
Feb
Mar
4c
9c
Jan
31c
5.90
11c ll%c
26%
27c
16%
1.70
Mar
9,660
3.35
—_90c
Exploration
Petroleums
25
6%
4,700
40c
9c
5'A May
Jan
32c
2%
—
90%
31c
3.10
ll%c
Ltd—
10
,
28c
2%
1
Co
2%
31'Ac
1
Brutk Mills class A
3.15
-v
Jan
IO5
5.50
5.80
25%
675
16%
400
Jan
Apr
3
0
„
;
24'A
88
5.85
:.o
Apr
7%c Mar
24%
98
16'A
500
20 %
Mar
88
•
12.000
Feb
May
98
1
*
5c
22
2%
Canada Bread
3%c
18%
98
A—
Power class
Dominion
Jan
2%
*
Columbia
Feb
1.25
•
Products
B
British
9.50
Jan
100
—
Columbia
Campbell Red Lake
.♦
8.25 Mar
2,516
11
3c
Apr
5,500
24%
Caldwell
5.40
Jan
45c
Feb
45c
2,079
5c
24
Calgary & Edmonton
5.40
5%c
26c
600
24%
5c
Mar
2%c May
'
•
common
Jan
"
Transferred
18%
11c
%
1,157
'
Jan
•
Royalite
''
Jan
•
Ltd—*
Oils
Oils
70c
1.57
•
Co Ltd
Western
9.25
55c
2.57
Home
Pan
9.10
Apr
Gaspe Oil Ventures Ltd
Oils
6,799
25
American
British Columbia
Calder
*.4'
%
Homestead
Pacific
43c
'•
14 %c Mar
Apr
-
30c34%c
l
—
Anglo-Canadian OH Co Ltd
Omnitrans
40c
May
Calgary & Edmonton Corp Ltd—5.90
Okalta
500
3,500
Canadian
Waite Amulet Mines Ltd
Oil
12c
9%c
••
Preferred
Canada
Westville Mines Ltd
Pacalta
12c
2%c
__
•
■
British
Feb
5%c
1
Brand & Millen class A
4%%
Jan
7% Mar
33c
16c
Feb
2%c
18
Feb
Mar
5%c
1.17
1
5
20c
19c
1.38
<■
Apr
17
200
8,000
200
__
New
100
•
7
24c
Jan
41%
5%c
*
___
*
Oil
17
7
22c
27,900
54c
65c
14% May
Jan
Jan
1
">
1
May
38%
1
Malting
Crest
17
7
__
1.60
L_1
May
14
7,520
Jan
1,400
Jan
22c
555
41'A
17
1
Cement
Consol
14
41 %
67C
•
Apr
Jan
37% May
67c
1.55
Jan
27C
34'A Mqr
Apr
1.34
Jan
26%
35'A
Apr
1.51
11c
Apr
23c
30c
1.22
Apr
*
1.23
__
Jan
6c
25
525
8'Ac
1.22
17c
•
400
7c
1
Jan
35
Foundries class A
1
Jan
7%
37%
30c
3,502
Feb
3.65
35
1,500
48c
38c
May
36
1,000
48c
May
35
1.38
48c
Feb
36
36c
II,000
Jan
15c
10
1.23
7c
__
12%
10
—
1.43
"
Feb
Mar
7 'A
435
Scotia
Apr
3.15 Mar
6,500
25%
Canada
.East
12,500
6c
Canada
Oil Stocks—
30
17c 17'Ac
5c
200
7%
25%
Canada
-
3.35
1
Jan
Ltd
3.30
7%
__
1
May
Vinray Malartic Mines Ltd
470
10
42c
Ventures
;
11%
*
40c
:
Jan
11%
Apr
Ltd
Jan
13'A
Jan
Mar
Mines
14%c
18c
22c
Asbestos Corp
Jan
94c
25c
United
8c
10% Mar
9'Ac
3,500
Trebor
.
__
Jan
Mar
2.300
Ltd
May
Mar
•
Mines
Mar
28c
11c
Stadacona
Ltd
74
Jan
59c
22c
Mines
Jan
8c
Jan
6%
6,600
35c37%c
Torbrit
67%
23c
18,500
22c
Cons
Feb
10,300
22c
Sullivan
Mar
5%
14c
35c
Ltd
13c
350
Apr
76c
1
(1944)
2,600
6
Jan
9c
5%c
_i
Mines
15c
Jan
7%c
73c
Sladen-Malartic Mines Ltd
—
14c
5%
34c
3%c
__
_l
Gold
May
10%c 10%c
3%c
—_50c
Siscoe
Apr
7c
34c
34c
—1
Sherritt-Gordon Mines Ltd—
4c
3,500
4c
Jan
3.80
3.75 May
1,000
4,500
8c
Callinan
1
Ltd
1.95
3.30 May
400
5c
7c
34c
__
1
Mines
Mines Co
3.70
Feb
..4c
800
;
■
Quebec Gold
—
5"%
__
.Piccadilly Porcupine Gold Mines Ltd—*
Quebec
4c
__
2'Ac May
12%c
Brazilian Traction Light & Pwr com—"
Brewis Red Lake
1
Bntish
Apr
500
12'Ac
1
British
Jan
'
Jan
Apr
.
5c
A—
Pershing
Building
Dredging Ltd—
Mines
8c
•
O'Brien Gold Mines Ltd
Pandora Cadallic Gold Mines Ltd
Pa to Cdns Gold
Pend-Oreille
__
'
2'Ac
Jan
9.25 May
■
2%c
Jan
14%
10%
37 %c
Feb
5%c
1
Kirkland
*<■'
Jan
8.65 Mar
22 %c
Jan
Jan
5.30
1
#
1.14
a
94c
1
1
Dredging Ltd——— „1
Mines
1,000
7,000
Buffadison Gold
Cons
Goldvue
32c
„
Jan
Apr
228
3.60
6.10
——1
Ltd
375
30c
3.55 Mar
11%
Bobjo
British
Macdonald
20c
68c
__
Feb
12%
23c
2.000
38c
95c
__
—7
Mclntyre-Porcupine Mines Ltd
Mining Corp of Canada Ltd
Apr
10c 11'Ac
Boymar
Feb
Jan
May
*
Bralorne
Jan
Jan
38c
May
9.00
——1
Sons
May
May
28c
11%
Gold
10c
Jan
10
9%c
500
11%
Jan
Jan
28c
18c
12c
—
:
36:,4C
1
Ltd
5c
'0
26'A
35
B
Jan
5%c
Ltd—4-
&
Class
Bevcourt
May
2,000
15c
25% May
12'Ac May
1,150
92,300
(1937)
Bcatty Bros (new)
Telephone
Boycon
10c
—
61%
325
4,000
.
Jan
8c
.
Apr
25%
70
Mining.
Mar
May
5c
15c
51%
25%
_10
Toronto—
Bertram
Jan
Jan
1
class
Metals
9%
27%c
50%
27c
Oil
Nova
Feb
8c
Apr
12'Ac 13'Ac
69
1
10c
5c
__
Jan
8'A
23c
•
ll%c
1,500
9,300
50%
5'Ac Mar
6,925
__
•
Jan
3,000
67c
Jan
24c
Mines
Eonetal Gold
5c
1
Ltd
Mines
49c
5%c
1
Ltd
Mines
35c
56
69
Consolidated
of
Base
Jan
Apr
5c
.1
Goldfields
18c
19%
5c
1
Mines Ltd—
Gold
Louvicourt
2.45
41'A May
26c
Montreal
of
Bank
Apr
Jan
May
15%
60c
1
*
Mines
Lamaque Gold
2.30
130
1
Mines
of
Bidgood
35c
5
Mining & Explor Co Ltd
Dufault
2.40
1
Gold
Mines
Lake
_Z
43%
100
Bell
1
Hollinger Cons Gold Mines Ltd
Hudson-Rand Gold Mines Ltd—..
Joliet-Quebec
11c
1
i
Bagamac
Jan
7%c
41'A
Feb
16c
1
_
1
Goldora Mines Ltd
37 %c
3'Ac Mar
10,000
May
May
1
-
Mines
6'c
18%
1
Ltd
16c
He
1
—
Mines
5c
19%
1
Ltd
7,000
14.000
7c
4%c
5c
1
—
Jan
Bank
1
__
Mines
39c
22'Ac Mar
15,500
__
*
*
Gold
II.000
Apr
1,180
2,000
24,300
1
common
Electric
3c
"
Gold
Aunor
Auto
9c
1
Mines
Feb
6c
95
23c
27c
1
Aumaque Gold
Mar
5'Ac
Ltd
Mines
5c
25c
2c
Dulama Gold Mines Ltd—
Sullivan
Jan
Mar
5%c
*
Mines
3c
,5c
8%
*
Yellowknife
T
Duvay
Gold
9'Ac May
400
5%c
4.10
May
2,000
7c
Jan
12c 13'Ac
l
Oil
.1
Lid
Ltd
—
7C
103
9.00
Steels
Atlas
__
100% Mar
23c
__
Feb
40
3.95
1
Atlantic
M^iy
5c
Jan
23c
1
Mines
23c
22c
33,500
25
4.00
Armistice
4,000
9'/2c
12%c
»
Ashdown Hardware class A
25,000
7c
Jan
985
5'Ac
28c
Oil—
Arjon Gold
26c
__
1
——
—
Mines
Corp
28c
_i
Ltd
Dome Mines Ltd
Donalda Mines Ltd
I.eitch
Argus
Feb
21
51%
25%
*
Preferred
25
2,000
41'A
12%c
Mar
22c
:__-l
—
Ltd
Co
Yellowknife
Jan
20'A
23c
1
—
High
17
Apr
17% May
213A Jan
8%
25
Mines
23c
1
_
Cadillac
Mining
Lingside
Area
May
295
25c
pfd
Mines--
Apex Consol Resources
Aquarius Forcupine
Athona
Consolidated Astoria Mines
Consol
Labrador
10
65c
21
20c
5'Ac
•
Canada
Geld
23c
Ltd
Mines
Cortez
J-M
Jan
Apr
23%
1
100%
1
Nepheline
Rouyn
23'Ac
:*
.
El
8
45c
Jan
23%'
13
'
1
Mar
22
12%
——
Corp Ltd.-
Candego Gold Mines—_
Cartier-Malartic Gold Mines
Eldona
46c
a30
V
100% 100%
100
Larder
Ashley Gold &
Bouzan-Gold Mines Ltd
Elder
Jan
21
*
Ltd
Eouscadillac
East
41c
__
*
—1.
Lake Gold Mines Ltd
Cournol-
Anglo
Stocks—,
Ease Metals Mining
Bob's
5,574
24'A
•
♦
of
Lead
Ansiey
Apr
21""'
Ltd——*
Manufacturing Co Ltd
Bobjo
45e
j50c
__
__
Mining
Anacon
Jan
•
23%
A
Cons-*
Anglo Canadian
Anglo-Huronian
Jan
1634
May
420
Ltd
American
16%
110
735
18'A
•
Co
American
Mar
17
5
13%
18
•
Amalgamated
Mar
Apr
16V2
«
Woods
Aluminium
Low
13%
18%
Steel
Jan
110%
Standard Paving & Materials Ltd
United Corporations class B
United Distillers of Canada
Windsor Hotel Ltd
Jan
15% May
20% Jan
Range Since January I
High
20
Oil
Algoma
Shares
Low
Jan
73
100
110% 110%
&
Pacific
for Week
13%
Agnew-Surpass
Jan
*
—
Gas
Sales
Range
of Prices
•
common
—
Alberta
Aluminum
4
„
Par
'
Paper
May
22%
8% Mar
151/2
151 '2
69
9
&
Preferred
Acme
16%
alio
pfd
1,
!
Power
Acadia-Atlantic class
Jan
8
Last
$1.50 preferred
Jan
Feb
50c
25
Abitibl
Week's
Sale Price
r
Mar
12
25
75c
May
6
100
pfd
STOCKS—
Jan
.75
68
|y
Friday
Jan
105
alio
Southmont Invest Co Ltd
.
Jan
16%
-109
al2
__
.50
Ltd
Canada
31%
14% Mar
al7
__
100
com
pfd
pfd
Ltd.5%
Industries
Southern
1st
27% May
17%
17(2
—
Corp of Can 6%
6%
100
405
Exchange
Canadian Fonda
Jan
2&V4
_J
10
Manufacturing Co Ltd
Power
2%
17%
common:
preferred
Feb
■;
*
Co
Nova
2'A
17%
»
Ltd
13
Toronto Stock
35%
71/j
5
MAX
High
35
26%,
10
Co
14a4
95
173.4
**
pfd —10
Ltd.,
Ontario
27%
'
_I
j~
10
Low
a2%
27%
•
MARKETS
ENDED
Range Since January 1
High
a2%
27%
M)
Shares
i4i/2
1
A
(Walter
_j
WEEK
for Week
Low
,
_*
FOR
Sales
Range
of Prices
'.Sale Price
LISTED
"
^
Exchange
Petroleum
footnotes
Canadian Malartic
see
Ltd--
page
46.
*
Canadian
—
15c 15'Ac
2,000
14c
Apr
22c
Jan
8%
Oil
Cos
preferred
-
common
•
*
100
—
143
65c
Mar
12'A Jan
141
Apr
150
Feb
43
44
(2136)
THE
COMMERCIAL
CANADIAN
RANGE
Friday
Range
Par
Canadian
Pacific Railway—
Canadian
Tire
Canadian
Utilities
Class
25
preferred
100
Gold
Canooo
13%
28%
17%
13% May
2,579
Jan
Lakes
Class
28 % May
22
Jan
10
99%
Jan
102
Feb
Great
100
:
A
15Vz May
IS
Apr
Guayana
24%
75
23%
25
Jan
Gulf
Lead
1.20
1.20
100
1.15 Mar
1.50
Jan
Gunnar
100
1.55
Jan
1.74
Apr
Gwillim
Lake
Patricia
Gold
-1
Mines
1
Steel
*
common
4,000
90c
Feb
1.65
28,900
71c
May
1.45
Jan
Halliwell
11,500
14 %c
Feb
22c
Apr
100
9%
Apr
11
Jan
Research
Cheskirk
Mines
Chesterville
1
Mines
9 Vz
Chimo Gold
2.50
16
Jan
37
May
40
Mar
17
17%
325
16
Feb
18
Jan
50c
51c
53c
17c
1,800 ?
50c
16,000
80c
38c
18c
1,000
16c
Apr
11c
5,000 !/
10c
Apr
15%
280
14%
Feb
2c
2c
2c
7,700
l%c
10%
Jan
Apr
10%
Jan
25c
Apr
Jan
65q
May
15
__
Rock
1
;
;
,
«
10%
«
Gold
16
Mines
10,800
48c
May
98c
17%c Mar
17
Jan
3,000
4c
May
10c
Jan
Harding Carpets
Fen
8% Mar
1
16
1,230
13
16c
6,700
15c
10
10%
230
6c
•
Harricana
3c
7c
3,100
45c
50c
3,716
5c
5c
10,900
7c
"Jan
10% May
Feb
14% Mar
Mar
24 %c
Mar
4%c
675
16
15%c
1
4c
2.50
-1
2.65
2.43
2,150
15c
15c
1.60
IVz
2.85
__
Mar
18%c
Jan
Hasaga
Jan
1.75
Jan
Headway Red Lake
1
7
100
7%
Jan
65
Jan
.
Gold
1.60
Apr
Feb
Heath
1
7c
6%c
1
23c
22c
8c
8c
11c
1,000
1.60
-
Gold
64c
4c
1
12% May
916
10c
__
1
60c
(new.)—_____—50c
High
1,335
38 Vz
15%
Ltd
Alabastine
Hamilton Bridge
Hamilton Cottcn
9 Vz
Hard
Chemical
Mines
Low
13%
37
Jan
80c
17c 13 Vac
17 %c
Porcupine
Chatco
1.00
71c
77c
Central
1
&
95c
-*
Oil
Leduc
Centra)
__
1
Gold
Lime
Range Since January 1
High
41c
17%
1
Gold
1.61
Shares
13
'
._*
Mines
1.61
--
13%
*
Coal
for Week
of Prices
Low
•
common.—
Mines
Gypsum
Central
Paper
preferred
West
25
Feb
Range
Par
Great
Sales
Week's
Last
High
.
,
15 Vz
1
—
.
24 %
__
13
Sale Price
15 Vz
1
Castie-Tretnewey
MAY
Friday
Low
100 Vz 100 Vz
;
*
A___—
class
Wirebound
Canadian
13%
__
MARKETS
ENDED
Range Since January.1
High
27 »/a
—---A-*
B
13%
WEEK
Monday, May 16, 1949
STOCKS—
Shares
Low
Corp
LISTED
for Week
of Prices
Sale Price
CHRONICLE
FINANCIAL
Sales
Week's
Last
STOCKS—
FOR
&
Gold
_1
4oc
:
12
Jan
6c
May
10c
Jan
45c
May
83c
Jan
*'.
Chromium
Circle
Bar
Knitting
common
Malartic
Citralam
Coastal
Oils
1
3c
3%c
9,500
3c
30c
2,664
24c
2.42
2.60
7,700
13
13%
705
22c 23'Ac
_1
2.42
4,000
13
Coin Lake
5%c
Apr
*'
'
_________________
______
Gold
Jan
Hediey Mascot
36c
Mar
28C
mm]**
9
Jan
Heva Gold
•____
Mines
1
2.73
Apr
Highland-Bell
1
12%
Feb
14%
Jan
17c
Jan
30c
Apr
Highridge Mining
Highwood
Sarcee
*
2.00
Jan
—____„
Consolidated Astoria
Consolidated
Consolidated
Beattie
4.000
4c
May
7c
Jan
1.00
.900
85c
Feb
1.10
13c
19c
9
53c
48c
53c
___
-——
50c
55c.
-1
'
Consolidated Homestead Oil
6
57c
7'Ac
4,200
9c
10c
97%
Homer
Jan
Hosco
Apr
64c
Jan
Apr
65c
Jan
Howey Gold
Hoyle
Mining
12c
—1
3,369
6c
1
21c
Mines
Gold
Jan
Hudson
May
17 %c
Feb
Hugh
May
123
Jan
Huron & Erie common
Bay Mining & Smelting
__
0
Malartic
Consoliadted Press class A
Conwest
42%
1
1.00
Croinor
1
Pershing
Davies
Davis
Leather
Class
B
152 Vz
Jan
Imperial
Bank
1.00 May
1.45
Jan
Imperial
Oil
1.09
12,320
15
'■,s.100
15
May
18c
May
30c
Oils
60c
9,200
Feb
61c
Apr
6%c
7c
11,500
6%c May
15c
Jan
22 %c
26c
6,500
22 % c May
43c
23 %c
21
21
8
8
100
•
class
17c
16c
18c
6,000
1.52
1.60
500
1
6c
5%c
6%c
14,500
>1
7%c
7%C
8'Ac
4,500
7%c
32c 32 %c
3,000
28c
19c
17c
25c
96,800
17c
25c
29c
25c
Feb
15%
15%
A——
Delnite
Mines
preferred
3c
May
6c
Mar
7c
Apr
16 Vz
16%
100
16%
Apr
19%
9.75
10'A
4,020
9.65 May
12%
Jan
6c
6'Ac
1,500
5c
Apr
11 %c
Feb
20c23%c
22,800
19c
Apr
32c
Feb
31 %c
32c
4,000
42
43%
1,376
3c
3%c
Red
Detta
Dexter
1
Nickel
Mines
Lake
_
Lake
Red
Varnish
Imperial
21
21
130
7%
16c
May
Feb
23
May
33c
9%
Industrial
Red
1
,.
Discovery
Lake
1
Yellowknife
1
1.20
5,600
Dcme
2
15%
15%
15%
Ltd—.———*
Mines
18%
18%
19%
1,814
Feb
Inglis
Dominion & Anglo Invest com
Foundry
10
Magnesium
Dominion
Steel
Steel
&
120
*
_
Dominion
Dominion
I
25%
-■
International
(John)
10 %c
15c
Jan
Feb
46c
Mar
May
65c
Jan
32c
class
B
25
Tar
&
Chemical
Dominion Textile
pfd
15%
•
Dominion Stores
Dominion
24%
Donalda
•
common
120
120
10
Dulama
Gold
29%
27%
Feb
29%
Apr
18%
18%
18%
16%
13%
13%
14
26
25
25%
16%
East
Apr
18 Vz
Jan
Jan
19%
Apr
Crest
East
Leduc
East
120
May
May
J
6
C%
8%
8%
37c
38c
4,500
34c
24c25%c
3,000
24c
1
—
Coke..—
&
37c
1
Economic
I
*
22%
22%
Investment
100
100
•
31
30%
31%
4,808
Elder
Mines
Eldona
26
Jan
Co
common
Petroleum
Gold
Joburke
May
27%
Jan
Joliet
9
May
14 %
15%
310
24%
20'A
Feb
15% Apr
Feb
430
__
•
19%
11%
12
11%
12
-45c
51c
16 %c
16c
18c
9c
7%c
9%C
9c
10c
4,000
9c
7c
8c
6,500
7c
22c
I,500
22c
El
Sol
Eureka
8%
32%c
4c
145
145
8%
8V0
1,963
32c34%c
Nickel
9,000
4c
12
11
430
■j
4c
Mar
May
19c
May
3'Ac May
2%c
2%c
1,615
Keiore
.—
1
38c
1
___
__
Mines
*
Gold
__
_1
Jan
Apr
Kenvllle
22
Feb
Kerr-Addison
12%c
,.
—
15%
l
18c
22c
38c
7,600
5%c
5%c
500
12c
8c
14c
Jan
Kirkland
Kirkland-Hudson
Feb
Kirkland
May
25c
Feb
Kirkland Townsite
1
17c
•
May
12c
Mar
Labrador Mining Si Exploration
1
3.45
3.40
3.65
Apr
10%c
Jan
Laguerre Gold
1
3%c
3%c
3%c
Apr
38c
Jan
Lake
95'Ac
91c
1.20
Dufault
Mines
Fortune
Gold
Lake
Feb
Lake
Lingman
Jan
Lake
Rowan
42%
42%
35
Lake
Shore
Mines
15%
15%
15%
Wasa
Mining
33c
40c
22,975
62c
60c
67c
105,287
5c
6c
5,500
11
11
11
30c
33c
38
Jan
43
Apr
15 % May
17
Jan
Lake
32c
Mar
41c
Jan
La
Mines
77c
Jan
Lamaque Gold
Lang & Sons
12c
33c
10%
27c
5,285
May
11% Mar
Apr
May
60c
Jan
Luz
La pa
Cadillac
Lapaska
3.95
4.00
4.00
4,265
3.80 Mar
14%
150
13% Mar
32
5%
A
•
1,500
60c
8%
J)
preferred
.100
Power
:
i
♦
1.55
Feb
26
Jan
Class
25
Mar
28
Feb
London
27
165
25
Feb
27
May
Class
20
97
87%
90
7c
30
8,025
May
lie
May
98%
Jan
1634
16%
15
16% Mar
*
17%
Mines
Loblaw
—
Jan
Lunward
—
55
99%
Mar
102
Apr
6.00
7,973
10c
6,000
8c
Jan
57c
59c
9,000
55c
Apr
15 %c
4.75
c
13c
4c
32c
"5,100
16c
12%
3'Ac
2,500
Jan
Feb
!_L
1.75
6.40
Apr
Apr
74%c Jan
Goodfish
l
*
______
——SO
B
see
*
page
56c
15c
MacDonald
1,500
35c
May
6c
Jan
12c
Feb
14
14%
3,487
10%
Jan
15
Apr
34c
Jan
3'Ac
Feb
5%c May
64c;
Jan
38
40
8,200
48c
Feb
2.25
1,900
2.10 Mar
2.45
Jan
6.05
6.15
1,200
5.80 Mar
6.35
19
50
16% Mar
Jan
3%c May
4c
Apr
19
Jan
4%c
6,500 V
5%c
Jan
9'Ac
9'Ac
9,500
'
*:-
5%c Mar
12c
Jan
3'Ac
3'Ac
1,000 'i
r
2'Ac
4'Ac
Jan
14'A
15'A
10%
10 %
,
May
Apr
75
14% May
15% Mat-
10
315 V
10'A May
Mar
65c
65c
1,800
62c
Apr
95c
1.10
21,850
95c
Mr y
5c
5,500
4c
May
4
May
8c
10c
"
13,500
70c
74c
7,315
28
28%
__
28
__
86c
Jan
—
"
7c
295
Jan
70c
;
Jan
1.20
10c
Jan
4 % May
12c
Feb
Mar
1.08
Jan
27% Mar
31%
Jan
28%
29
250
27%
Feb
29
Jan
7'A
10%
7%
10'A
.120
6%
Feb
12c
•
35
7'A May
10% May
11%
9,600
10c
45c
1,000
10'Ac
Jan
15c
12c
Mar
,16c
11 %c
10%c
12%c
12%c 12%c
12c
12c
15c
12,500
2.39
2.30
2.38
3,650
30c
30c
32c
Mines
K
I
1
;
May
MacLeod-Cockshutt
Gold
1
Mines
7 'Ac
9c
20c
21c
93%c
1.03
.
19,316
.
28c
May
7'Ac May
2,500
•
/
2.10 Jan
f
5.10O
8c
20c
93%c
.1
4.
River
Feb
-
Jan
Mar
Jan
11,500:'
18'Ac
93c
-
Apr
Jan
Apr
74c
Jan
13 %C' Jan
34c
Class
Export
class
A
•
Madsen
9
*
B
Red
Lake
Gold
Mines
210/.,
6%
9
860
9
9
6%
6% Mar
1
2.90
2.98
1
Magnet Consol
2.90
20c
17c
20c
2.40
2.54
r
12,750
5,910
1.500/
Malartic
Gold
Fields--
Feb
Manitoba
16c
Jan
5%c
Feb
Maple Leaf Milling
Maralgo Mines
9c
Jan
Marcus
&
1
—
Eastern
:
2.45
.1
Jan
May
Jan
:n-T
10
Jan
7%
Jan
3.10
Apr
30c
Jan
■
2.02
3c
8%
__l
17c
'
4%c
61,600
8
8%
4%c
754
",
4%c
0
•
._.
f_„
2.40
Apr
Jan
1.20
-
Jan
*
2.58
•
19 %c
Mar
10c
2,000
46.
k
'
:
6c
6'Ac
1,500 —■
5%c Mar
'
1.74
1.80
6c
6 %c
3,500
4'Ac
5c
-6,500
1%C
2c
2,000
95
95
15,700
1.74 May
Gold
___
—
5c
3.15
Jan
Martin-McNeely
12%c
Mar
4'Ac May
1,000
-
11c
11c
1,000
Jan
2%c Mar
8
2.69
Apr
4 % c May
Mar;
11%
4%c
Apr
5%c
Feb
9 %c
Jan
15c
Apr
Jan
Feb
Massey-Harris
common
class
51
;
l%c May
95
51
51%
145
50%
21
21
120
20
Mar
4%c
1
20%
i
5
•
885 *
•
2,500
4'Ac
19%
j
4c
Feb
Grain
Class
A
B
t
103
Jan
Apr
53
Feb
Alay
22
Feb
McColl-Frontenac
common
Preferred
Mclntyre
Porcupine
0
:
1
1
5
11c
-
3'Ac Mar
18
Feb
8
Feb
6c
Feb
22%
Jan
9
Mar
9%a Feb
-
95
1
——
McCabe
-
class
Jan
*"
timmm
4'Ac
Preferred
Feb
,1.45
'
tr.
Mining
;
Goodyear Tire common
May
Mar
11c
May
1,500 *
'
'
Jan
5c
91c
f
-
6.50
1,000
8'Ac
1
Macho
14
5.80
—
Jan
Apr
Jan
3,650
——--1
Macfie Red Lake
75
9'Ac
.__
23%
3.25
5c
1
Mines
106% Mar
37c
Jan
Jan
3%c
1,500
^—._—0
_r.
110% May
15% Jan
32c
19% Mar
17c
37c
——*
Gold
Feb
100
May
9'Ac
4'A
—*
Yellowknife
Apr
99'A
—
Apr
11c
Jan
109%
"
Jan
1.67
35c
4
•
A
common
Goldflelds
102 %
15
10c
95c
Feb
9'Ac
4
*
Louvicourt
Lynx
class
Mills
10
15
'N
55,580
1
B
Hosiery
A
1.01
*
100
15
140
6,410
5,500'
1
Groceterias
Feb
May
!
110'A 110%
;
4'Ac
1,700—
20
Feb
Jan
1.28
4c
__
1
Ltd
1
102% 102%
___
footiintoc
2.90
Feb
MacMillan
Porcupine
Mackay
90
2.00 May
5-85"
Mines
Far
II,500
97%
2.38
32c
Mines
Manltou
Goldhawk
8c
97
2%
Apr
__
10%
Long Lac
20%
88
3%c
41c
<
Jan
50
2.00
;
Gold.—
Golden Arrow
Gordon
10
75
.
Gold
Eagle
Golden
Feb
560
10c
Mines
Feb
Apr
4c
--
__
B
Gold
Macassa
loo
Lake
class
Eros
Lexindin Gold
26
Oil
Goldora
90c
8% May
7c
*
common
Jan
13c
19
1
Levy
1.70
--
Gold
Jan
22%
'
■
loo
Wares
23c
16%
Jan
2.15
33
__
6.05
3
Jones
Gold
26
100
GJant Yellowknife Gold Mines.
Goldcrest
100
Leitch
Lencourt
26
Gillies Lake
God's
V
:
Jan
Jan
22
2.15
common
Jan
Jan
&
7c
May
14
1
Mines
Secord
1.70
7c
.100
Exploration
Steel
Goldale
Law son
116
4%c May
22%
_____________
preferred
Preferred
Globe
3,500
70c
27
preferred
General
Jan
7%
Apr
4%C"
<•
preferred
5 Vz %
102%
8%
*
_*
Gold
iA
Gatineau
Laura
37
Apr
Jan
16
5% Mar
70c
Co
Cos
Frobisher
4.50
Little
Francoeur
Freiman
4%c
*
Foundation
Fraser
4%c
»
--
—1
Mines
"U"
Leduc-West Oil
class
Mar
Jan
14c
Jan
5c
9
•
—
35c
*
0
115
__J
19%
0
50%c Mar
295
105
B
13c
1
37c
v
104
Motor
Apr
V 54c
14%
21,139
11c
1
100
Class
12c
3,800
1
250
common
25c
;.
5%c Mar
15,705
1
7%
5c
72c
1.39
*
Apr
3.45
Apr
4c
72c
1.30
13c
"
1
2.70
6%
315
Ford
Ltd
(John)
4c
72c
1.32
1
__1
-
2.05 Mar'
33
Mfg
Apr
Jan
1
Gate
Lake
2.30 May
6%
Fleet
Mar
5'Ac May
825
Jan
175
6
Products
Jan
3%c
15 'Ac Mar
34c
1,725
12
12,755
1
0
5,750
8c
15%
13%
29,350
32%
Fibre
Golden
15'A
65%c
Mar
6%
32%
.
5%c Feb
2%c Mar
4,600
38c
May
2.45
1
^
Jan
Apr
Jan
2c
2.48
*
Petroleum
13
52c
lie
6%
Federal Grain
Kirkland
Jan
Apr
950
7%c May
46,600
14%
Federal
150
May
31c
1,000
16c
7,600;
14%
Federated
Feb
Jan
1,000
1
_
Mines
Mining
24%
Apr
11% May
41,600
•
Preferred
8%
36
.?
11c
45c
180
•
■
Players
:
Fanny Farmer Candy Shops
common
145
5
Apr
4%c
2.30
*
30%
3%c
1
i
Gold
Quebec
Larder
Famous
Jan
101 Vz
11c
2.37
1
Falconbridge
25%
Apr
99% Mar
3%c
6'/8
L-i—25
Corp
May
Jan
__
2.37
l
Equitable Life Insurance
/Jan
33c
3%c
2.44
1
Gold___
Feb
54c
1
.—I
1
9
Apr
1
.
Mining
/T7%
21%
125
v
46c
_„20
___
Jan
Mar
22
v
Jan
7%c
22% May
Jan
15%
——________25
Gold
-17%
May
20% Mar
8%
65
1
Eddy Paper class A
3c
40
100
•
—
Jan
16% May
^
660
100
Nickel
M Consolidated
24%
22c
Mines—:
Steel
25% Mar
95
Mines
23
24%
Oil
Sullivan
Eastern
Jan
24%
160
5/100
Waite
308
11%
Oil
East Malartic .Mines-,.—;
Jan
14%
4,500
*
Jack
615
20%
„
1
„—
Feb
19%
4c
Jacknife
1,110
7c
Amphi
East
Jan
Feb
22%
__
1
10%
1
Duvay Gold Mines
i
13% Mar
16%
Preferred
25%
•
Ltd
Jan
29
3c
International Uranium
23%
*
Mines
Jan
6c
V
22
22%
—
International
9
1
Woollens
57
May
Apr
"
-23%
Mines
3c
112
20% May
Labatt
Dominion
42
114% 114%
Jan
Apr
Kayrand
Coal
&
Apr
Jan
20%
*
Co
&
Coal
Preferred
25
//
9%
38c
39c
Jan
23
'■:u
-
•
Mar
May
22%
Inspiration Mining
Feb
Jacola
Dominion Bank
30c
117
1
Jan
1.65 May
Jan
5%c May
7,200
710
Distillers Seagrams
Jan
27c
,
common.——*
common
Acceptance
International
Dickenson
Jan
v
3,325
27c
65c
10'Ac May
13c
Jan
Mar
25
International Metals class A_.
Denison
Feb
13'Ac Jan
Jan
•
Ltd
59c
Mar
Jan
40c
4%
15 Vz May
4,700
:
22c
_____________
Decalta
Apr
8C
57c
•
148% Mar
55c
Petroleum
21c
3,500
1,000
29%
39
18c
18c
1
.
5,700
Jan
1.00
:
Mines
23c
8%c
1,500
__10
8%
—
Indian Lake
D'Aragon
Jan
35,600
20%
6% Mar
15-
Mines
9c
57c
20%
115
Imperial Mills
Crestaurum
Jan
9%c
100
preferred
151 151%
151
•
6c
8%c
114%
7
7
Exploration
Cosmos
3,500
9c
.100
20%
—.100
Apr
8%c
Imperial Tobacco of Canada ordinary_5
96
Consumers Gas
8%c
27c
1
,
10c
7%c May
500
95
Feb
'10%
May
95
.,10,000
10c
Yellowknife
38c
Feb
13c
__
9.90
r
Feb
A
42d
18,650
50c
Mines
L.
__
5
46c
140
mm
Dauch
&
8
31,000
9
~
■
Hinde
9%c
<
3%c
Apr
14c
•
—
Duquesne
4 %c
'•
"
_»
_1
Bakeries
Consolidated
4c
1.00
.1
Mines
__
4
Hollinger Consol
Yellowknife
Coiomac
Coniaurum
__
f
9% Mar
;
___«
8%
'8%
7%
100
940
'
•7V« Mar
\
13%
100
—
110
8'A
■■>.*■* 7%
13'A
__
•
94
94
94
5
62%
61%
62'A
M
10"
1,080
.
'
7%
Apr
12%
Feb
15%
Jan
92
Apr
98
Jan
50%
Jan
62'A May
Volume 169
THE
Number 4803
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2137)
45f
-t
CANADIAN
RANGE
LISTED
FOR
WEEK
MARKETS
ENDED
MAY
13
'
'
'
"
.
s
(/■"V*
McKenzie
Red
Lake
McLeilan
Par
"'l
Gold
McWatters Gold
38c
8%c
8Vac
•
__
32'Ac Jan
10c
21,700
Feb
9c
__
Mid-Continent Oil
_
9c
2,000
67/e
6c
50c
Apr
12c
Apr
12c
.
8'Ac Mar
Jan
Mining
_*
.
4%c
4%c
5%c
2,500
4 Vic
1.05
1.05
1.10
I,200
1.05
K
Cerp
Model
•
2
Oils
9.30
.
Modern
9.25
*
10
4,695
4,000
16%
100
4%
50
40c 1
__
*
42c
16%
4%
1
Modern Containers class A______
__
7%
6% Mar
25..
•
—
Milton Brick
Last
Par
Shawkey (1945) Mines—
Shea's Winnipeg Brew class A.
Sheep Creek Gold.
______
Monarch
;±.i.
Works—
Knitting commorti_____
•
■
*
Moaeta Porcupine
1.55
Sick's
Jan
Breweries
12 y4
365
50c
7,200
12
Jan
48c
Jan
Silver Miller
18
21%
22
700
5'A
Apr
19'A
Moore
Corp
•
common
Mosher Long
65
Lac
11% Mar
Feb
14
Jan
60C
Jan
Jan
23%
Mar
Breweries
Drug
National
Petroleum
National
Steel
New
35
J
25c
35c
30c
36c
10,000
___*
20
20
20%
Calumet
365
Mines
Goldvue
I
_'___
Oils
'___
;
Gold
___i
;___
75c
Feb
May
23c
Jan
6,000
3'/2c May
6c
Jan
9,500
4%c May
18c
Jan
9Vic
22;775
8'Ac
1,500
8%c May
7 Vic Mar
14c
Jan
11c
Jan
18,075
12c
Mar
26c
Jan
5%c
3,500
4c
Mar
8c
Jan
72c
71c
77c
30,800
Feb
1.03
Apr
53 Vi
54 Vi
2,085
51
Mar
58%
Jan
lie
11c
1,000
10c
Mar
20c
2.30
2.22
2.50
19.780
6c
6Vic
5Vic
5Vic
49c
1,000
51c
2.22 May
6c
May
2,000
48c
__
4,000
5c
Jan
3.75
13 Vic
Jan
Jan
May
12c
Jan
47 Vic Mar
60c
Feb
38c
29c
39c
122,100
24'/2c
Apr
5 Vic
5%c
6Vic
11,500
3%c
Feb
7Vi
7Vi
7%
400
6% Mar
1.64
1.61
1.69
11,600
1.58 Mar
1.95
Jan
2.30
2.45
12%cl2%c
23,950
1.11
Feb
2.60
Apr
2.26
Apr
9% Mar
2,000
12c
Apr
17c
3Vic
2,000
3c
May
6c
Jan
4%c
1,000
4c
Mar
6%c
Jan
75c
75c
75c
100
75c
Apr
1.50
Jan
5
5
5
20
5
Jan
8c
1,500
7c
2,500
7c
17,000
51c
10c
10c
12c
6,000
10c
Slscoe
;'"V.
'
'
Jan
18c
Feb
3.05
Jan
45 Vi May
45
1,230
1.14
1.24
9,520
1.00
Jan
1.40
5,200
12 %c
Jan
24 %c
Jan
Apr
Apr
.
;
5c
6c
6,700
4c
Apr
8c
Jan
3c
500
3c
May
8c
Jan
3%c
4c
1,500
33c
33c
35c
7,750
32c
Mar
1
8c
8c
9c
19,000
8c
Feb
12c
Jan
66c
68c
3,475
66c
Apr
89c
Jan
__
J
Piccadilly Porcupine
:
'
r
Gold
1
___i
r";-' :
Mines__-
g'Ac
8c
8Vic
•'' ■ '• 03
1
Pioneer Gold
1
Powell
1.90
1.99
1
Porcupine Peninsular
Porcupine Reef Gold
•
River
43c
37,800
37c
37c
3,300
32 %c
Feb
8%
8%
498
8'A
65c
May
36c
Apr
6
•
6%
6
•
,..
9%
Jan
15%cMar
2.34
May
Jan
3.65
3.00 Mar
Jan
3.35
500
4%c
36c
__
47/«c
500
4c
Mar
8c
Jan
36c
700
35c
Feb
44c
Jan
37%
210
36'A Apr
42'A
Jan
37%
3 7'A
South
Feh
Jan
30
26
26
26
165
22%
23%
285
Apr
22% Mar
.26 'A
Jan
96
96%
275
96
99%
Jan
22c
6,600
20c
Aur
44c
Jan
37C
5,900
24c
Feb
41c
26
Feb
17
Mar
..13c
Mar
19% May
23c
Jan
Apr
1.42 Jan
20c
35c
Co
common
Stadacona
19%
225
15%C
16c
1,500
1.05
1.05
1.12
6,600
•
Mines
25
19
«
Chemical
125
82
75
10
9%
10%
21
21
21
..200
48c.
»
Standard Paving common
</
__
May
1.05
3.563
6%
81%
6
..
Preferred
50c
6
81%
s>
common
26
...
43c
54C
Apr
6
May
,
.7'
Jan
20%
.
Mar
Jan
10% May
Radio
a
class A
4%
4%
135
Starratt
Olsen
69C
68c
75c
10,200
14%
14%
15
460
—
Stedman
Steel
Gold
I
*
Bros
Co .of
Canada
•
1.40
Press
Sudbury
preferred
Contact
Sullivan
Cons
_
__
1
22
1
Corp
Pressed
Metals
Preston East
1.47
1.48
1
Mills
Purity Flour
Preferred
1.53
5,300
54,000
Quebec Labrador
12,050
5%
100
Apr;
Feb
,15
Mar
78
85
1.35
.'Feb
Jan
,
Apr
1.70
5%
Apr
5c
ll%c
Feb
5c
6c
1.49
1.55
3,125
1.46
Feb
150
Jan
1.60
up
9.800
1.27
Jan
1.72
Apr
25c
25c
1
3.10
3.10
3.25
5.828
*
-
15c
15c
20c
21,300
*
4,500
1,000
25c
2.54
May
36c
May
Feb
p
350
Jan
22c
8%c Jan
Apr
Gold
18 %
18%
25
22
Feb
55 %c
60c
7,810
50c
Mar
69c
Jan
8'Ac
8%C
7.500
8c
Jan
12c
Feb
1.22
1.35
47,100
87c
Jan
9%
10%
150
162
162
24
9C
—
Tombill
Gold
55 %c
__.
_
_
a
.
_
Torbrit Silver Mines.
Elevators
Toronto
General
1.23
_
.
Trusts
..100
_
18%
Apr
'i
__
9%
1.35 May
Jan
168
Jan
Towagmac Exploration
Petroleums
Tower
_
*
Resources
Transvision-Television
71 %c
*
Union
•
Gas
Union Mining
United
-
_____
class
Corp
United
Steel
Walker
Jan
10%
Apr
9C
Mar
14c
Jan
24 Vb
Jan
3,800
20
80
19% Mar
49'A
49%
105
4f. 'A May
52
Feb
18
710
17;
18
Apr
—
17%
Jan
2.94
1.95
2,700
11c
11c
1,100
6%
6%
400
1.52
82,845
1.10
May
1.82
Jan
1,676
5.00
May
6.40
Jan
5.00
1.10
5.00
5.40
10c
Mar
7%
6Ve Mar
Jan
10'A
10%
100
10% May
10%
Jan
8.20
8.10
9.30
20,344
8.10 May
15%
Feb
♦
25%
25'A
26%
3,566
9c
2,000
A
38
38
38
5
~
.
»
(G
& W)
Consol
___.
8C
_
Products
Weston
_
Grocers class
Western
!»,'
A
__100
.>
Wiltsey-Coghlan
_1
_
______
Winchester Larder
■
(—
..
.«»
-
10c
__1
.
r
25
28%
May
Feb
Jan
13 %c
Apr
8c
35%
Jan
__
_
35
,
105
30
190
21
10
9c ll%c
32,000
8c
Jan
37c
Jan
7%c
1,500
6c
Feb
lie
Jan
10,500
6c
Feb
6%C
May
V„ Mar
95%
Apr
6c
7c
33'A
33
34 %
2.35
2.27
2.40
46c
40c
48c
144,683
18c
80C
4,060
63c
4%c
2,000
4'Ac Mar
6c
2,564
4,480 '
Feb
Apr
j00'/a. Jan
ll%c Jan
Jan
4%c
v
Jan
77c
•
1
.25
31
24%
95%
30%
1
_
Winnipeg
38% Mar
95%
*
1
Wingait Gold
Electric common
Wright-Hargreaves
,.
24%
<<
•
(George) common
Preferred
May
53%
30c
67c
4,000
57c
44c
May
62c
36c
57c
1
46c
44c
52c
11,400
Quemont Mining
Quesabe Mines Ltd
*
13
12%
13 Vi
5,300
1
1.15
93c
1.15
58,325
Reeves
1
2.00
2.00
2.05
1,100
73c
Riverside
Silk
Robinson
(Little)
elf
ss
\ I
Roxana
v*
Roybar
29
160
29
15
15
70
15
1
15c
14%cl8'/2c
140,800
.;
y
Feb
27
2.10
37%
Apr
Jan
2.52
Apr
May
13c
Apr
35c
50c
Mar
37c
35c
39c
25'A
25%
770
24 7A
Feb
6.95
6.90
7.00
11,400
5.85
Feb
7.10 May
22V2c
,9c
Feb
26 %c May
5'/2c
22c26%c
5'Ac
6c
162,200
1
!'
Antonio
Vinegars
—
May
•
common
Canadian
Fairbanks Morse com_:
Canadian Industries common.
Canadian Marconi
26
Apr
—
•
*
*
Dalhousie Oil
Gold
Western
1
"
:1
1
Water & Power com—-*
Rouyn Ltd
Preferred
50
9,200
,
5'Ac May
16%
10c
Jan
18%
Jan
8c
Disher
common
Lumber
Steel
1,000
103
20
101% Mar
25
18'A May
11%
103
18'A
11%
405
11% May
14
Jan
Foothills
40%
40%
85
39% Mar
43
Apr
Hayes
4.00
3.90
4.00
15
15
100
16c
15c
17c
123,000
14%
15,100
35 '/4C
970
23
145
46
103
18'A
__
36c
24'A
35c
241/#
46
38c
24'/2
46 Vi
Apr
May
Dominion
103'A
22
Apr
20%
19
Feb
22% Jan
12%
12%
290
12
Mar
13'A jJan
Mar
50
30
32%
Apr
20
20
25
19% Mar
22
Jan
>v 1.25
1.20
1.40
825
1.20 May
2
Jan
81
81
85
1,020
Feb
85
May
32
32
3%
625
16%
3%
16%
1,680
-
3.80
7c
Jan
Mar
4.50
17c
Paper
common
Minnesota & Ontario Paper
Oil
May
Mar
25
Apr
Southmount Investment
May
48
Jan
Southwsst
Pend
46.
*
16%
*
Petroleum
155
20
5%
37
655
31%
125
36
800
Apr
26
,
.
Apr
4
18%
Apr
45c
Jan
Feb
11 % May
Mar
24 »A May
Jan
37% Apr
May
39
3.65
Apr
Jan
31% Jan
Apr
Feb
58
16%
Apr
22'A Jan
4c
Apr
5c
May
6.70
25
1,525
48%
Jan
17'A
1,055
4'Ac
500
4.10
10,700
43c
45c
1,029
40c
Mar
45c
Apr
35C
35c
950
30c
Mar
35c
May
—
3.75
43c
Feb
2.50 Mar
50%
50 %
1
*
Jan
435
26%
•
Oreille
49c
420
38%
36%
38
*
33c
40c
2.82
37
0
Selections
Feb
3'A Mar
15%
11%
Feb
May
16
Feb
64
24'A
39c
11%
24
*
Steel
/
700
790
•
Oil
Jan
4
3
20%
Jan
International
1,646-
common
High
LOW
2% Apr
2%
*
Bridge
Dominion Glass
Range Since January 1
High
20'A
Jan
140
7c
7c
*
*
common
Preferred
16%
1
page
Shares
3
'
Vickers
Canadian
7c
1
Mines
see
*
•
1
Consolidated Paper
Canadian
16%
__
,_i
Paper 2nd pfd
footnotes
for Week
'
Scarfe class A
For
1
*
*
Range
Feb
Jan
18 %c May
:<
common
Canada and Dominion Sugar
15%
May
Co
Brown
Canada
25%
10,500
Feb,
6c
Sales
Week's
of Prices
LOW
Par
Jan
30%
May
Last
Sale Price
j
.
48c May
84% May
Exchange-Curb Section
Friday
STOCKS—
Jan
l
>Vr«
Mines
Shawinigan
•
8c
7%c May
5,000
8C
Jan
•
.
St 1 Lawrence
Senator
11c
'
*
Mining
Sannorm
.
3.75
Apr
Mar
4%c
Canadian Funds
Jan
10
L
Saguenay Power preferred
—100
StiLawrence Corp 1st preferred
49
2nd preferred
1
1
San
97Ac
9c
Toronto Stock
1.15 May
Apr
-
Co
Russell Industries
Ryanor
29
15
1
Chibougamau
Rupununi
5c
Jan
1.04
4'Ac Mar
1,000
29
.__
Royal Bank
Royalite Oil
■'
1.95
3,000
5'/2c
70c
*
'
Oils
4%c
5'Ac
__
•
12% May
»_■>
A
class A
Roche Long Lac
Rochette Gold
•'
4'/2c
1
Gold
1
Jan
33c
.
Queenston Gold
Reno
_
a
Girl
Ymir Yankee
Jan
17
36c
Regcourt
Mines
Jan
60c
Apr
May
1
MacDonald
Bear
Feb
7,900
45 y2
__
Mines
Yellowknife
-
Jan
1.89
6%
____
t
Jan
17c
1.89 May
1.89
1.30
_____
(Hiram)
Wekusko
80c
Jan
12c
49%
_
_
Amulet
Waite
Apr
8%
10 %c
—
a
Viceroy Mfg
40c
1,300
20
♦
_
<;
2,346
_
___
Apr
60c
—
Mines
Ltd
90c
10%
*
Canada
Upper
Ventures
Feb
60c
0
_
_
55c
77c
10'A
1
•
Oils
United
Hill
Keno
United
>
17,225
71 %c
May
60c
-25
-
Mar
29c
50
10'/4
50
preferred
preferred
Feb
May
20
7%c Mar
7,900
0
B
Fuel class A
Class B
10c
40c
Jan
5.710
44 c
18%
0
A_
18
9%C
18%
41c
class
39 %C
1
_
__
Finance
Traders
11 Vic May
45
45
i
11
Apr
156% Mar'
Apr
Feb
90
45'A
1
1.73
1.36
5 Vic Mar
i
j.
May
.'J
Toburn
■-
Jan
5 % May
1.49
__
Mines
Thompson-Lundmark Gold Mines.
Tip Top Tailors
?
Apr
8%c
4%c May
1.60
0
_
Gold
1.44
13%
Apr.
80c
Jan
1
-
River
Tech-Hughes
225
1,000
60c
Jan
9%
7
Quebec Manitou
127/8
Jan
May
7
-
Jan
7
7
40
:
Jan
20
10
common
1.02
16%
11
•200
Jan
13'A Mar
255
ny4
70c
1,165
7%c 11 %c
1
Dome
11 %
72c
15%
11%
__
1
Purdy Mica Mines
70c
15%
70c
•
.
Feb
5
...
1
__
Mines
Sylvanite Gold Mines
Taku
83
4%c
1.35
82%
A
Steep Rock Iron Mines
StoVel
...
'82
4%c
5%
common
Steeloy Mining
.4% Mar
!
Power
'
Feb
83
,
«.-
Jan
7
81% May
2,57o-
■<.-
May
29%. May
1
•
Preferred
29%.
16c
__
Springer Sturgeon
:
29%
*
ii
Co
_..20
_
Brazeau
Yellorex
'Powell Rouyn Gold common
;r
4
Jan
7%
5%. Apr
362
Apr
48%cMar
23%.
20C
<N)
Jan
42Vic
Apr
1.90
6,225
2.05
Apr
7c
12,500
5c
3.25
1
Feb
37c
Malartic
Westeel
___1
Gold
17% May
17% May
8.25 Apr
Feb
7.10
■
3c
Mines
.
36 Vi
Jan
3c
1
u
Paymaster Consol
:
2.02
52,020
Jan
44%
6c
*".V
^
May
13Vic 17Vic
1.17
13Vic
1
;".V
3.00
2.68
44%
•
1
-.V'
15% Mar
15%
404
8%
Gold
Sladen
Slater
Feb
9c
1.05
May
•
Ltd
20c
Mar
2.90
8c
67/8 Mar
Jan
61c
•
Mines
Mines
Gold
7c
56c
1
Cadillac
Malartic-
8c
56c
1
•
8c
1
Tubes
300
440
7.90
Feb
3c
4%c
1
Oil
17%
7.90
96%
Transcontinental
4'Ac
1
_1_
Porcupine
Crow
7%c
0
Mines
17%
17»A" 17%.
-
Feb
'40c
l
common
Jan
36c
:
•
Class B
Toronto
48c
1
X_.
Lake
Paramaque
.
Jan
7c
53 Vi
6c
2.59
41c
—_1
Class B
,__J
Simpson's Ltd class A
United
-
■'
51c
;
•
Hershey
Pickle
Mar
5%c
4Vic
*
___!
Exploration
Western
Perron
Jan
31c
33/4C
15c 18%c
15c
1.38 May
Jan
9c
2.35
May
May
•
Mines
Pen-Rey
1.19
1
Petroleum
Parbec
9,000
4%c Jan
23c
11,475
9c
8%c
5%c
101,513
,
Standard
*
Gold
Pandora
Feb
1
Mines
Lake
Pamour
Pan
Apr
1
Orange Crush
Page
59c
8c
*
common.—
Beauty Supply
Paoific
2.63
15c
43/4c
9c
1
Malartic
Osulake
Feb
May
3Vic
__
43/4c
1
Oils
Red
56c
7Vic
__
*
Mines
Gold
Oslsko
500
1
Omega Gold
Orlac
Feb
-
Mines
Omnitrans
11%
•
Malartic
Orenada
20,300
23c
1
Mines
North Star Oil
Ontario
II,000
1.44
1
Mining
Gold Mines
O'Leary
6Vic
56c
1.62
Jan
12% May
'
6c
1
Northern Canada Mines
okalta
Ja,n"
9c
23c
*
Mines
O'Brien
Jan
23 Vi
2.13
1.19
1
Yellowknife
Inca
47c
Feb
9,834
6c
1
,
New Thurbois
Northland
May
6,750
1.25
1
New Rouyn Merger
Noith
32c
20
2.42
1
Norzone
Norpick
May
Mar
9%c
Jan
1:35
7.90
1
Mines—
"
1
Norseman
41
10 ;
9c
1
Gold
Newnorth Gold
Normetal
Jan
40
Jan
47c
May
2.31
1.60
*
Standard
1
4.
Jason
Norbenite
•
r
Mines
Noranda
30c
220
Bidlamaque
New
New
Nicholson
25
'
New
Nib
36
41
.f't * V'
Pacalta
Jan
11%
_____
Car
-■
New
12c
11
-
__
New
Jan
May
41
__
»
Marion
12c
9c
ll]/4
Mines
New
Mar
7c
5
preferred
Alger
New
Jan.
8c
6,000
i
National
Negus
73%
3,500
36
36
25
.*____
1.11 May
17%
1
«
Southern
0
common
Preferred
100
10c
7c
'
68
8%c
1
T—j-i
1,400
20c
Jan
Feb
38c
67%
68
1
Mylamaque -Mines
National
__
1.23
17'A
_____
_____
Preferred
•
11% Mar
.
Feb
,
Montreal Locomotive
10
1.45
•
common
May
4
12
__
High
12%
.
—50c
Voting trust certificates
Mar
16 '/2 May
44'/2c
12 *A
1
LOW
10'Ac May
12%
Silverwood Dairies class A—__
Tool
Range Since January 1
2,000
1.18
■>
1
Sigma Mines (Quebec)
Silanco Mining
9.25
30c
15C
12%
Shages
High
10'AC
10'Ac
Jan
7%c Mar
May
Apr
of Prices
Low
—1
•
Sales
for Week
Range
Sale Price
Sherritt Gordon
i
Mercury Mills
-
Week's
Friday
High
4,750
6%
*
___
"'
Range Since January 1
Low
41c
■'.
STOCKS—
High
38c
1
—
Shares
Low
1
.
for Week
of Prices
Sale Price
;
'
'
■
Sales
Range
Last
«•
i
Week's
Friday
.
STOCKS—
3.70
Jan
Jan
\
(2138)
46
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, May 16, 1949
OVER-THE-COUNTER SECURITIES
1
> Quotations fer Friday, May IX
u
Investing Companies
Mutual Funds—
Par
Aeronautical Securities
Affiliated
Amerex
Fund
Shares
Axe-Houghton
27%
3.56
3.90
2
8%
9Vis'
1
5
—1
1
Inc_
Fund
B
Holdings
Inv Tr
Corp
America
6.77
3.00
2
3.22
Industries
Steel
95.30
Manhattan
18.92
20.45
Mass
10c
7.81
7.82
5
14.66
1
1
Century Shares Trust
Chemical
3.91
lc
2.89
3.66
2'As Feb.
l%s Jan.
Mass Investors 2d Fund
1
11.01
15.85
Mutual Invest Fund Inc
1
13.24
14.47C?
16.01
17.54
Nation-Wide Securities—
3.85
4.85
1
12.87
13.81
31.62
34.00
National
1
7.99
8.64
1
12.75
13.79
National
Trust
Fund Ltd
Inv
Fund
com_—100 3,100
141
—100
Securities
Christiana
Preferred
Balanced
3,250
Low
146
Corp
Security
Series—
series
Bond
1
Priced
Preferred
Stock
6.55
7.16
1
Series
Bond
5.81
6.35
Dividend
6.69
3.97
4.34
Speculative Series
1
2.76
1
4.37
1
5.28
1
24.26
3.20
Equity Fund Inc
Fidelity Funcf Inc—
20c
5
3.57
22.82
3.76
24.67
Industrial
Financial
Inc_l
Boston
Fund
1.71
1.88
10
Corp
Trust Fund
First Mutual
22'A
1
13.97
1
8.46
9.27
1
1
5.42
5.94
England
New
York
12.92
Fund
.
Automobile
14.16
Aviation
■.
1
-
Bank stock
6.35
:
6.96
A__2
Investors
5.78
44.76
48.13
4.57
4.90
Trust
Agricultural shares
lc
x6.15
lc
X5.30
7.85
9.57
10.49
1
10.60
11.25
lc
x5.25
shares
3.60
9.90
Electrical
equipment
1
7.32
X6.54
7.10
Insurance
stock
1
10.90
1
9.20
1
9.21
Metals
1
7.44
1
15.55
17.04
7.62
Pacific Coast Invest Fund___l
10.32
11.31
Fully Administered shares—lc
General bond shares—;
lc
X6.65
7.22
x7.02
;
,
OilS
—
Institutional bond shares—lc
x8.85
6.72
9.29
Investing Company shares—lc
x7.01
7.60
Railroad
lc
x5.25
5.70
Steel—
Merchandising shares
lc
Mining shares—:
_____lc
x6.93
x3.38
7.52
4.95
lc
x7.30
7.92
shares
shares
Petroleum
7.10
4.53
4.96
5.82
6.38
——'—A,
Tobacco
7.24
7.93
11.12
1
10.15
Petroleum & Trading
Putnam (Geo) Fund
5
1
2.16
Indebtedness—
of
25.61
(new asset value)_♦
47.70
Republic
Russell
lc
x4.37
x4.27
4.23
4.75
4.64
5.26
5.71
Selected
2%
9.74
18.96
100.0138
.0227
tl'As Mar.
5.50
6.03
Howe Plan Fund Inc
——1
4.20
10c
1.59
Income Foundation'Fund
Incorporated
Investors.,
Institutional
Shares
20.95
19.38
5
Fund Inc
100.0043
.0119
tl'As Apr.
1,
1949
100.0266
Group shares
shares
lc
7.33
lc
Stock and Bond Group
Investment
Co
of
Shares
Standard
Street
Inc
10c
Investment
Corp.*
1
Union Bond Fund
6.96
1949
-
1,
Dated
Due
Ask
Rate
1-49
bl.45
1.20%
1.50%
4-
1-49
11-
1-49
bl.50
1.35%
7-
1-49
bl.50
1.25%
1.55%
3-
1-49
12-
1-49
bl.50
1.65%
11-
1:35%
1-49
bl.50
2-49
12-' 1-49
1-48
8-
1.30%
1.50%
9-
1-49
bl.50
1.30%
1.55%
4-
1-49
1-
3-50
bl.50
3-49
10-
3-49
bl.50
1.35%
1.35%
1.55%
5-
2-49
2-
1-50
bl.50
1.55%
2-
1-49
11-
1-49
bl.50
1.40%.
1.35%
United States
Bid
May
19.
1949—
Treasury Bills
Ask
Bid
b 1.17
0.70%
bl.17
* July
0.95%
June
2,
1949
bl.17
1.00%
June
9,
1949.:
bl.17
1.02%
July
June
16,
1949
bl.17
1.04%
Aug. 4,
June
23,
1949—
hi.17
1.06%-
Aug.
bl.17
1949
series
25c
1
A
Series B
1
Bank
8.83
64c
Bank
18.27
of
Manhattan
New
Co—10
18.40
41%
117%
92%
Chase
National
15
Trust
&
Trust
!
Co
Continental
18.26
County
16.44
3.69
(White Plains,
Empire Trust
N Y)
3.40
Federation
&
25.17
Stocks)—_1
13.05
14.24
Diversified
Unit
Trustee
(Appreciation com Stks)_l
10.37
11.32
(Low Priced com Stks)__1
4.23
4.62
Independence Trust Shares
North
Series
92.98
E
2.50
Amer
Trust
1
6.42
2.13
1955
1
2.43
3.38
Series
45, 12
1956
1
2.32
Aetna
Casualty
10
85
5
29
Insurance
—10
54
56
Insur Co of North America—_10
105
Life
—10
55
57
Jersey Insurance of N Y
—25
60
15%
Co Inc
&
City Bank
York
20
100
23
24 %
$2.10
Prior
47
$1.05
Convertible
Surety-
Agricultural
—
Home
Maryland Casualty
American Alliance
American
Automobile
American
Casualty
4
x44 %
20
common
preferred
1
lo
5
American Equitable
Assur
12'A
133A
preferred—5
Massachusetts Bonding—
5
5
19%
21 %
Merchant
Fire
Merchants &
Assurance
5
Mfrs
4
American
Fidelity & Casualty_5
13
American
of
17%
18 %
National
Casualty (Detroit)—10
26
28
National
Fire
25
58
60i/2
National Union Fire
10
V 39
42
New Amsterdam
2%
Newark
American Re-Insurance
American
Surety
Automobile
.
—lo
s
12
Trust
&
100
&
Shippers- —-—25
10
86%
681/4
Hampshire Fire
Camden
Fire
Conecticut
5
Life
General
&
Forster
Inc
20'A
Fire
River
213A
Northeastern
93
Northern
13 3A
213A
2 3'A
26%
28%
27
6%
32%
341/2
32
34
Phoenix
58 V2
611/2
Preferred Accident.:
61 %
75'/2
—10
7%
25%
27%
Federal
•
10
10
:
Fidelity & Deposit of Md new_10
Fire Assn
Fireman's
36%
Fund
of
Frisco
Firemen's of Newark
42%
45
14%
16
25
53
56
84%
Falls
Globe & Republic
Globe & Rutgers Fire com
3%
4%
Providence-Washington
Reinsurance Corp (N Y)
81
Republic
49
51
33
5
Fire
10
31%
33%
—lo
125
129
10
36
38
Accident-
1974
Telephone of Fa 3s
12%
66%
20
52%
55%
A__12%
42%
44%
33%
Bank
Natl
Bank
~
.69%
N T
S
&
7%
590
Security Issues
Gas
System 3s—1974
100%
Commonwealth Bdison
3s —1999
Hudson Gas
Central
1979
2%S
Power
Pow
3'/8S—1978
Lt
&
1O0
preferred
Lt
Elec
Narragansett
1978
3s
103%
Ask
*
53%
50
51%
105%
Pow
&
$2.20
pfd
54
lOL'A
101
101%'
4.70%
Power
pfd
5 2'A
101%'
Merck
Louisiana
Bid
& Elec—
100%
Illinois
Duke
Par
Stocks—
Ask
102%
102'A
4.75%
Columbia
Sc
Co
$4
2nd pfd.* /104
conv
::
:104%
103%
102%
100
pfd
108%
110
103%
103
Pacific
Gas
New
5%
&
Elec—
red
27%
pfd
25
2 7'A
& Lt 4.60%
pfd_100
105'4
106
103
104%
1st
England Power 3s
1978
102%
103%
3s__1974
100%
100%
Pcnna Pow
3s 1979
102%
103%
Potomac
Edison
Pub
(Colorado)
103
1Q3%
North States Pow
Ohio
Power
(Wise)
3s_
.—
1978
Ser
Service
Public
Public
83
86
10
48%
Edison-
Serv of
——1977
:,105
'
101
-
101%:
2%s__1979
101
5'A-%
105%
3s__1979
3'As
Indiana
S
10
34
43%
32%
Electric
34%
100
6.50
6.75
52%
54%
4
58
61
10
74
78
19%
21
S
Fire
U
S
Guarantee
Westchester Fire
of
pfd—100
4.40%__100
New
Xl07%
108 %
Mexico—
Power
100
preferred
103
104%
preferred series G—100
102'A
103
101%
45%
_io
Wise
36
10
Fidelity & Guaranty Co__2
U
4.70%
Rochester Gas & Elec—
51%
Scevill
Texas
p.
Travelers
U
Hartford Fire
31%
6%
28%
88
31V2
15
Hartford Steamboiler
,
Standard
84
preferred
■'/
35 %
5%
Marine.——12%
Surety
34
31%
American
6%
560
S4.-75
Seaboard
Security (New Haven)
Springfield Fire & Marine
15
2nd
Bell
Potomac
(Texas)
10%
9%
-
20
Francisco
Bank of Amer
173A
28
5
Great
Hanover
33%
2
10
64
lo
69
5
85'%
40%
87%
5
78
I6V2
2.90
270
_
108
65
26
290
100
95
10
"61
5
33%
66
Bid
Bonds—
New
8%
90
lo
10
lo
38%
63
26%
25
Indemnity Co
St Paul Fire &
General Reinsurance Corp
States
San
31%
;lo
Pacific Fire
10
of Phila
National
United
55%
29%
Pacific
Employees Group Assoc
Employers Reinsurance.
First
29
34%
12 50
31%
10
51
58i/a
,
Detroit
New England Tel & Tel
56
36
Portland
40%
Recent
14%
48
5
5
89
lo
27
34
30%
2
2.50
25
109.
53%
5
10
-
of
Okla Gas & El 5'A%
New York
North
Continental Casualty—
Bank
Bank & Trust
891/2
66
20
_16
Bank
City Bank
Ask
lo
^
National
Peoples First National
Conn
Casualty
520
231
82%
25
__:
310
500
43
.141/2
New
Bankers
Boston
225
25
Trust_17%
Bank &
National
*
■/
290
100
Mellon Natl Bank & Trust
44%
50%
38%
Trust
Nat'l
180
173
100
Farmers Deposit Natl Bank—100
16%
48%
12%
:
100
Savings
Co
1,315
25 v 42%
Co
63
—10
&
13%
30
Trust
&
Pittsburgh
283
10
/
77% "
-■
31
100 1,275
75
Detroit
1.240
28
United States Trust
Aetna
29
274
Title Guarantee
Aetna
12%
10
100 1,180
Bank
Trust__33%
&
Cleveland
Central
90%
10
Trust
Lawyers Trust
Insurance Companies
Bid
34
,
100
Public
Par
87%
Industrial Bank of Commerce_10
Sterling
Ask
200
#..
54
32
190
10%
52
16
Trust
P)
-
•
National
Bank
(J
Bid
100
Bank
Trust
National
50
Guaranty Trust
New
—,—
35
Trust—
&
National
Harris
Co
National
Morgan
Ask
'
9%
Trust
National
Bid
„
Irving Trust
Kings County Trust
7.40
Shares—
Series
Bank
Manufacturers
Par
1.10%
17
Illinois
Bank
Northern -Trust
42%
Corn Exchange Bank & Trust_20
First
Shares-
S-3
44.22
40%
First
41%
Stamped
Fiduciary
Type Trusts—
S-4
Sayles Second Fund__10
39%
20
16.73
4.81
33
10
Bank
Bank
15.29
4.38
National
39%
1
91,12
335
89 %
1
Inc
Wisconsin Investment Co
1
City Natl Bank & Trust
Continental
320
'
113'/2
1
Fund
9.73
16.26
21.29
27.46
Fund—i
1.10 %
Companies
Par
25%
100
Brooklyn Trust
Whitehall
Shares
8.92
Mutual Fund—•
24%
100
_10
Trust
9.38
19.52
1.10%
bl
1949
1.10%
17
bl.17
1949,——
Ask
York
Fifth Avenue
Chemical
5*79
1
the
Bankers
Bid
Central Hanover Bank & Trust 20
9.62
71c
20.77
17.16
of
9.20
17.17
1.10%'
bl.17
bl
.
1949
11,
17
Chicago
1
15.73
28,
bl
'**
Street Investing Corp
Wellington Fund
Income Fund
14.90
Loomis
49.75
Par
'
York
Commercial National Bank &
1
Loomis Sayles
91c
New
Wall
1
Knickerbocker
46.75
1
Union Preferred Stock Fund
pfd Stocks)
1
K-2 (Appreciation pfd Stks)_l
S-l (Quality common Stks)~l
com
83c
Banks & Trust
.
24.32
Bonds)
1.10%.
1.08%
June 30,
22.30
Bonds)
Ask
bl 17
July 14. 1949—__
July 21. 1949
-
Bds)___l
Priced
1949—
1949_
9.63
(Speculative
7.
May 26,
6.68
(Low
1.35%
1-48
1-
8.86
K-l (Income
bl.50
12-
1
B-3
5-
1.60%
1.60%
1
B-4
Grade
Ask
6-
1-48
United
(Medium
Bid
Due
1-48
Union Common Stock Fund
Bonds)
Dated
9-
10-
28.40
B-2
Glens
Bid
1.65%
1.65%
27.16
(Investment
.0852
Federal Intermediate Credit Bank Debentures
Rate
_1
B-l
.0446
100.0591
15.24
7.63
12.94
1
Industry Shares
Series C
25.46
23.43
12.65
1
Television Fund Inc
Trusteed
Keystone Custodian Funds—
(Income
14.17
1
Invest Co
1.11
12.39
11.31
Boston—1
Investors Management Fund
8.48
1.00
lc
America
of
Amer
80c
72c
100.0289
—
.0342
&
Bank Group
Investment Trust
Fund
Sovereign Investors
State
Aviation
Investors
Berg Fund Inc_
Scudder, Stevens & Clark
Ltd—
Insurance Group shares—lc
.0537
1950
1950—
1,
1949
20 07
'
,0719:
.0403
100.0395
1,-1950
10.54
4.54
1.63
Shareholders Trust of Boston—!
>—lc
_ii—lc
100.0544
100.0278
tl'As Feb.
Ask
XIVaB Oct.
47.70
3.68
x3.89
shares
—
27.54
2.48
x3.38
lc
Tobacco
Crum
Bid
(cont)
1950
2.37
1
1
x2.27
lc
shares—..
indebt
1,
15
lc
stock
Utility shares
8-2
6.48
shares
Steel
•
1
1
1
1
equipment
shares
Railroad
■
Utility.
Railroad
Equipment shares
Railroad Bond
RR
x6.19
of
.tl'As Dec. 16, 1949_
8.02
'
Public
lc'
Maturity—
.1602
tl'/aS June 1,
Jl%s July 1,
8.15
X4.13
Priced
Certificates
10.09'
4.49
x8.29
lc
Industrial Machinery shares
100.1427
tl'As Jan.
10.08
8.99
Machinery
Merchandising
Equipment shares lc
shares
Price
Ask
Certificates
-1%%
11.95
6.23
Electrical
—
Bid
3.95
X5.74
shares
121
10.22
stock__l
lc
Chemical
119%
10.85
9.33
preferred
lc
shares
Building shares
Low
10.81
Diversified
5.76
.1.70
Food
7.16
Industry
1
Diversified Investment Fund_l
6.68
Automobile
Aviation
9.86
1
1
Diversified
Securities—
Group
1
Chemical
6.65
1
1
shares
Capital Corp
General
Building supply
Corporate bond series
Fundamental Trust
General
-1961
Inc—
Stocks
Agriculture
5.33
2
Fundamental Investors Inc
4.79
Treasury Notes—
tApril 1, 1950
14.98
Series
New
24'A
Canal 3s
3.43
16.97
_
100.7
3.50
3.14
25.94
15.87
"100.5
5.77
Selected Group Series
1
Low Priced Com Stock Series 1
1.49
1
Fund
100 6
4.78
Industrial Stock Series
1.35
Series
Int. Rate
3.02
Income
Howard—
Balanced
Stock Fund
First
6.12
1
5.79
14.16
—25c
Shares
&
Eaton
5.33
12.96
Investment
Fund
1
Stock Series
Delaware
1
—1
Commonwealth
100.3
100.4-
U. S. Certificates of Indebtedness
Maturity—
Fund
Investors
1950
Ask
100.1
7.56
Dollar
Canadian
Bid
_l
102.4
—_
Panama
ll.90
Bullock Fund Ltd
20,
~
1949
* 99.16
101.28
15,
'
point
1949
Other Issues
26.SO-
Corp_
Invest
99.8
22,
1%S Sept.
99.00
a
Banks—
4.04
6.90
24.33
1
Inc
98.24
July
Loan
4.52
1
Fund
100.2
32nds of
more
Home
3.65
4.11
lc
Investors
99.31
or
1.65s
3.19
3.31
Inc__10c
.
Fund
Bowling Green
1950-1949
one
Federal
Ask
-
3.68
lc
Bond
1952-1950
1, 1953-1951
1, 1955-1953—
Bid
1,
IV2S Jan.
3.43
lc
shares
shares
91.49
Inc
Street
lc
shares
Paper
Petroleum
3.54
3.11
3.31
shares—lc
1,
May
'
Bonds—
1 'As
3.55
1
Broad
shares
Land Bank
l%s Oct.
3.31
•
of
Fund
Boston
Federal
Home Furnishings shares
Non-Ferrous Metals
5'/a
2%
Figure* after decimal point represent
Ask
shares_lc
Electrical Equipment shares.lc
14.97
4%
Bid
Business Equipment
7.32
13.77
Par
lc
General
A
Axe-Houghton Fund
Bond
Automobile
29'A
1
Beneficial Corp
Blair
Managed Funds—
Oilstocks
Standard
series
5.26
3.98
Shares
Business
Associated
Mutual Funds—
3.63
[
Holding Corp——10
American
Ask
4.79
1
l'A
Inc
Obligations Of Government Agencies
Bid
,
2
Odd
included
lot
in
salo
year's
(not
Mfg
4.20%
Eastern
pfd——100
Transmission—•
x97 V.
14
99
14'A
included
range),
e
in year's range), b Big yield price,
d Deferred delivery spies (not
Ex-interest.
f Flat price,
k Admitted to lis'ing on N. Y. Stock Ex¬
Admitted to trading N. Y, Curb, r Cash sales (not included in year's range),
t Exliquidating dividend.
(Uni Admitted to Unlisted Trading privileges, wd When delivered, wi When
issued,
x Ex-dividend.
y-Ex-rights. z Ex-stock dividend.
change.
^No
n
par
value,
tin default.
JThcsc bonds
are
subject
to all Federal taxes.
Volume
169
Number 4803
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2139)
.47
-4
THE
Bank
with
a
leased
the
clearings this week show
year
ago. /
COURSE
decrease
a
compared
Preliminary figures compiled by
BANK
the
foregoing >vill appear in
of
We
cannot furnish
country, indicate that for the week ended Saturday,
CLEARINGS
Complete and exact details for the week covered by
us,
,
telegraphic advices from the chief cities
upon
OF
ends
issue
pur
them today,
inasmuch
Saturday 1 and the Saturday figures
May 14, clearings from all cities of the United States
able at time of
from which it is possible to obtain weekly clearings will
of
next
the
as
are
not
cities according to the Federal Reserve Districts in which
they are located and from this it appears that in the New
week.
York District (including this city) the totals record an
improvement of 9.5% and in the Boston Reserve District
week
avail¬
of
the last
be
5.2%
below
Our
year.
those
for
the
corresponding week
preliminary -totals
stand
against $14,152,883,538 for th£
this center there is
Our
6%.
at
$13,412,345,186
week in 1948.
same
loss for the week ended
a
last
At
Friday of
comparative summary for the week follows:
TELEGRAPH
BY
Accordingly, in the above
press.
Week Ended May 14—
New York
851.000,000
but in the St. Louis Reserve District the totals show
increase of 0.5%.
In the Kansas
622 in the
the
week in 1948.
same
Outside of this city there
decrease of 2.7%, the bank
recorded
increase
an
clearings at this center
of 11.4%.
We
group
_
Bo. 'on
-1
Kansas City
447,709,317
—
257,394,149
—
255,900,000
318,147,000
St. Louis
San Frani'sco-
__
_
totals
suffer
—
7»7
;
4.4
4.6
2.7
—
+ 11.5
+
280.759.111
_
208,238,6.73
$10,826,774,152
$10,272,999,260
Ten cities, five days
Other cities, five days
-
1-9
5.1
—
2,564,137,590
2,420,200,625
7:2
—
302.452,927
204,313,948
_
Baltimore
4.3
—t
270,308,628
281,973,059
>
Cleveland
In the
following
we
furnish
a
summary
by Federal Reserve Districts:
SUMMARY OF BANK CLEARINGS
Week Ended May 7—
Federal
1st
■;
Districts
Reserve
Boston
2nd New
1949
York
1948
$
-12 cities
,
;
5.6
—
12
"
8,088,879,391
Philadelphia
11
"
904,530,739
7
"
747,649,730
825,898,420
Richmond
6
"
409,921.293
410,117,716
6th
Atlanta
10
"
611 445,351
561,756,616
Chicago
16
*'
888,791,320
927,993,790
4
"
453,325,375
451,060,678
7
"
329,374,962
340,154,728
430,894,613
456,293,274
$12,693,259,885 $13,390,911,742
Total all-cities, five days-
,
_
719,035,301
761,971,796
$13,412,345,186
5.2
8th
St.
9th
Minneapolis
Louis
Kansas
Dallas
12th
San
!
City
10
"
6
44
252,569,842
10
"
700.927,136
7,370,147,382
6,663,432.151
847,452,551
730,896,319
707,520,377
565,353,069
355,551,818
320,380,039
464,573,422
+
8.8
523,586,639
—
4.2
879,054,980
+
:
0.5
377,268,802
3.2
—
6,739*422,492
Francisco
6.8
9.5
.0.1
—
13,867,523,622
6,559,178,625
9.5
—
743,115,194
14,358,150,126
480,269,226
—
261,766,737
—;
_
489,268,627
731,304,166
319,572,099
206,639,857
„
'
231,943,714
5.6
406,993,891
3.5
218,199,464
174,308,801
5.7
597,872,409
541,587,453
3.5
13,069,566,797
11,539,129,830
2.7
—
5,917,005,364
5,085,570,748
'
—
—
315,509,281,
5.6
$14,152,883,538
;
—
'
t
0,9
+
I
970,301,726
Cleveland
$
+
7,384,282,221
5th
1946
1947
%
Dec.
534,782,522
4th
10th
—
Inc. or
>
$
539,840.274
3rd
11th
All cities, one day
Dis¬
trict of 5.7%.
7th
Pittsburgh
a
District of 3.5% and in the San Francisco Reserve
the
an
City Reserve District
loss of 5.6%, in the Dallas Reserve
9.7
922,000,000
245.528,824
354.319,000
Fhiladelphia.
decrease
3.5%, the aggregate of clearings for the whole country
having amounted to $14,358,150,126, against $13,867,523,-
5,6
-4
636,272,138
_
a
Minneapolis Reserve District of 3.2%
Cent
$7,208,261,320
-
248 900.000
_
574 818.055
427,913.973
__
of 4.2% and in the
of
having
1948
1949
$6,802,973,056
._
Philadelphia Reserve District the
falling off of 6.8%. In the Cleveland
a
the Chicago Reserve District the totals show
ended
Per
Chicago.
the
in
District the
totals are smaller by 9.5% and in
the Richmond Reserve District by 0.1% but in the At¬
lanta Reserve District the totals are larger by 8.8%. In
we are able to give the final
complete results for the week previous — the week
May 7. For that week there was an increase
and
but
register
Reserve
present further below
we
0,'9%
totals
day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which
was a
CLEARINGS^—RETURNS
going to
—
.
Total i
-„-l—111
...
cities
+
•
Total all cities for week__
Our
usual
the
on
monthly detailed statement of transactions
York Stock Exchange is appended.
The
New
results
for
5.2
April and the four months of 1949 and 1948
Outside New York City-
We also furnish
Number -of
1948
1949
Stocks—
-
Four Months
1949
1948
76,454,323
94,624,032
Month of April
Description—
shs._
34,612,565
19,313,984
today
the month of April.
1949
„
,
of the clearings for
a summary
For that month there
for the entire body
crease
follow: V
.
—
was
and the 1948 aggregate
Reserve
$346,479,000
$231,813,300
$106,222,700
$54,953,000
79,000
274,000
645,000
2,650,000
11,804,400
7,930.880
51,000
35,304,450
31,510,880
282,500
331,500
$66,339,400 $114,478,580
$268,045,250
$380,971,780
Internat'l Bank
Foreign govt
U. S. government
3,000
phia
a
decJine of
properties
1946 to 1949 is indicated in the
2nd New
1947
1946
No. Shares
No. Shares
18,825,034
17,179,755
21,135,600
March
20,217,606
23,556,803
16,801,286
22,992.575
23,757,877
19,336,900
51,510,197
34,092,745
25,663,765
57,140,389
—
-
—
Quarter
60,011,467
"
3,916,678,878
3,561,693,879
1,753,627,210
16
"
2,729,166,671
Chicago
30
"
5,520,979,243
Louis
Kansas
7
11th
34,612,565
20,619,550
Jl,426,715
and the four months ended with April
in each of the four years is shown below.
tnonth
1,481,433,035
2,486,782,857
2,188,694.386
3,301,282,613
60,471,603,634
York
New York
1948
$
28,221
_
1046
31,843
,$
1949
$
1947
1949
$
We
4,439,796,455
4.6
—
.33,836,448,368
5.1
—
—
1,538,485,128
1,327,040,375
1,068.445,643
2,281,760,854
1,833.656,517
2.8
1,746,106,743
1,434,808,089
4.4
2,902,930,998
2,543,965,080
7.9
57,779,310,031
56,810,017,252,.
4.7
29,701,642,866
25,730,288,965
—
—
1,762,486,152
4.6
3.9
—
.—
—
$
;
28 077 31,079
2,896
2,575
1,902
1,765
;$
$
S
\
117,140 124,384 118,345
Federal Reserve Districts
1st
Boston
122,337
2nd New
14
11,974
7,608
12,727
3rd
Philadelphia
2,029
7,817
7,389
6,972
4th
3,389
15,084
15,626
14,350
12,825
5th
Louis
Richmond
1,081
1,166
1,001
895
4,513
4,744
4,100
3,451
6th
Atlanta
1,231
1,233
1,100
1,042
5,175
5.008
4,363
4,094
7th
-1,613
1,707
1,557
1,408
6,474
6,874
6,31b
839
898
813
730
3,435
3,578
3,328
2,948
744
642
555
2,898
3,023
2,696
2,239
_
PittsburghFran._
Baltimore
_
Cincinnati-
680
11,520
10,008
5,688
1.241
1,186
949
4,799
3,886
1,344
1,200
959
5,237
5,369
4,623
3,755
792
_
1,353
1,249
City
Cleveland
16
Cleveland
3,527
1,052
892
702
4,090
4,350
3,699
5,052
5,493
515
*514
479
436
2,16b
1,091
4,918
1,654
1,411
1,126
6,543
6,566
5,569
4,366
463
479
430
358
2,033
1,991
1,830
483
485
463
360
1,927
2,034
1,875
100
110
102
90
427
454
424
Milwaukee-
244
245
217
134
1,021
1,014
896
347
327
261
1,335
1,432
1,292
16
Chicago
8th St.
9th
11,202,804,601
10,957,528.442
—
+
,16
11th
Dallas
12th
San
City
15
_
+
22,589,916,827
Francisco
23,406,795,177
8.213,536,639
19
13,403,976,285
11,159,320,292
10,126,027,466
20,772,679,436
3.5
8,344,492,748
1.6
6,457,694,071
3.3
10,485,706,081
5.0
:
5,796,192,714
-
•
8.612,439,986,
17,593,429,845"
5,553,425,019
9,956,011,148
9,224,503,923
7,406,388,090
41
41
9,004,579,470
8,812,584,680
13,112,078,619
13,786,955.504
248,963,810,378
259,031,240,880
134,646,246,484
6,058,975,716
4,564,555,966
7,456,352,844
•
2.2
6,983,413,459
5,776,089,029
4.9
11,723,261,030
10,181,295,426
3.9
+
237,580,772,768
224,382,896,407;
.2.1
119,235,587,331
102,045,366,060
44
183. cities
—
2.2
6,242.070.111
44
—11
-
Total
V
125,584,924,630;
6,558,587,640
it
131,823,236,729
_.
13,014,947,407
0.1
—
a
7
Louis
Kansas
3.3
122,365,471,239
15,050,894,309
<«
30
-
Minneapolis
10th
753
318
7,166,900,437
8,195.343,673
'
367
Buffalo
14,933,868,182
7,160,342,324
$
8,801,073,750
44
8
1946
2.6
1,487
Providence-
16,417,093,496
14,936,769,957
—
$
0.1
128,885,793,705
15,877,102,970
v;
41
Four Months
1947
•
%
5.7
9,375,828,357
121,540,981,888
or
44
17
;
1,491
Omaha
-
1,712
1.573
Louisville
Dec.
41
3,123
Minneapolis
Inc.
$
9,127,615,824
-
York
Four Months
1948
$
•
4,003
3,135
Four Months
1949
1946
1,895
2,949
—_
Kansas
2,188,604,652
5,217,439,231
,,,
append another table showing clearings by Federal Reserve Districts in the four months for four years:
3,716
Chicago
Phila.
San
1,449,520,168
2,493,266,889
2.4
—
1,552,883,561
Four Months
Jan. 1 to Apr. 30
1948
1947
Month of April
(000,000
St.
2,827,961,385
1,658,347,332
s
of April
omitted)
Boston
3,546.903,017
3,276,654,330
4.0
65,682,362,755
32,250,371,069
City.
pANK CLEARINGS, AT LEADING CITIES IN APRIL
:
3,713,481,601
4.0
3,453,084,531
183 cities
$
6.9
2,252,374,441
44
1946
31,863,215,794
Vv
2,587,003,052
44
-:-vv
29,138,237,684
2,034,036,922
"
11
-
Francisco
New
1,931,059,522
41
19
Dallas
Outside
44
15
,
City Re¬
—11.2
1,827,051,655
16
-
City
Kansas
2,074,665,324
5,786,104,710
Minneapolis
the
Minneap¬
2,261,557,842
2,797,645,782
8th St.
4.6%,
of
$
7.0
3,710,558,737
Atlanta
9th
loss
and in the
1947
or
*
—
4,207,898.552
"
44
clearings at leading cities for the
of bank
course
:33,039,208,630
66,651,580 111,266,707
19,313,984
The
29.337,094,640
8
10th
a
In the
Dec. %
17
Total
April
Inc
•$.
.
2,434,511,582
16
12th San
1st
.
,
Philadelphia
7th
1948
No. Shares
1
2,263,110,700
Cleveland
Richmond
1949
'
.
suffers
by
The
4.4%.
1948
-
smaller
are
District 2:8% and in the San Francisco Reserve District
and
"
4th
No. Shares
Months—
January
February
$
totals
District the decrease is 3.9%, in the Dallas Reserve
14
5th
'
Cleveland
District
Reserve
Reserve District of 4.6 %e
serve
1949
York
3rd
following:
the
14 cities
the
on
olis
and in the Philadel¬
In
Districts
Reserve
months of
New York Stock Exchange for the first four
6.9%.
of
Boston
6th
The volume of transactions in share
District
Reserve
the
St. Louis Reserve District of 5.1%
11.2%, in
Month of April—
1st
Chicago
$65,882,362,755. In -the New York
District the totals show
Districts
Reserve
4.0% and in the Atalnta Reserve District by 2.4%.
of clearing houses 7.9%, the
the Boston Reserve District of 7.0%
Federal
Total bonds—
,
Richmond
de¬
aggregate of clearings having been $60,471,603,634
Bonds—.
Railroad &, misc.
a
—
1,043
New Oil'ns-
Detroit
St.
„
_
Denver
"
284
242
1,445
1,415
1,227
427
387
332
1,572
1,699
1,544
894
873
2,061
1.978
1,881
1,576
1,400
,1,056
indian'polis
217
208
ISO
Richmond-
499
496
.463
380
Memphis
364
366
311
269
*
The
York
City
following compilation
covers
Seattle
453
507
'409
361
1,835
Salt Lake C
246
222
186
151
108
117
•102
86
"438
1,672
1,472
892
740
586
427
390
MONTHLY CLEARINGS
1949
Months-
Inc.
$
64,919,266,305
January—
Clearings Outside New York
—
1948
$
66,698,329,329
1949
or
Dec. %
Inc. or
1948
$
$
2.7
34.301,881.896
35,547,131,527
2.4
29,711,198,970
29,923,848,922
2.5
35,559,784,794
35,336,817,667
2.5
99,572,865,660
100,807,798,116
1.2
7.9
32,250,371,069
33,838,448,368
4.7
3.9
—
131,823,236,729
134,646,246,484
2.1
'
Dec. %
r—
3.5
334
927
Hartford
1.979
—-
the clearings by months since Jan. 1, 1949 and 1948.
Clearings, Total All
620
787
■
—
New
1,558
1,520
Outside
1,299
151
327
431
___
-
953
336
Paul___
-
~
February.
56,099,374,282
57,470,663,632
March
67,473,566,157
69.179,885,164
188,492,206,744
193,348,878,125
60,471,603,634
65,682,302,755
248,963,810,378
259,031,240,880
—
—
—
—
0.7
0.6
________________________
Tot. 27 cities
52.037
8,434
50.554 50,835 214,990 225,258 208,876
57,011
8,671
Other cities
7,225
33,973
5,975
33,773
28,704
200,728
23,659
Total, 1st Quarter——
April
Total
Out.
all
We
60.471
65,682
57,779 56.810 248,963 259,031 237,580
33,838
29,701
119,235
102,045
add
now
our
25,730
131,823
134,646
detailed statement showing
Total 4 Months
the figures for each City for the month of April and the week ended May 7 for four years:
-Jan. 1 to April 30-
-Month of April1948
1949
•Clearings at—
Federal
Reserve
$
Portland
—
Fall River
,
Holyoke—
—,
—
1948
$
17,125,679
20,371,693
69.125.261
—
1,895.317,764
2,029,233,575
>
8,201,986
7,608.802,266
28,890,775
32.990,085
4,373,927
15,913,816
3,860,796
14,384,948
29,493,928
17,001,755
14,244,573
31,730,502
126,418,751
128,777,520
7.570,859
i.—.
4,263,939
—
3,594,215
——
>
7,693.275
31,389,771
33,695,860
21,815,042
k Worcester.
—
—-—
Waterbury
R. I.—Providence
N. H.—Manchester
Total 14 cities)
23,880,700
108,348,453
117,141,994
42,136,736
48,000,268
11,593,600
13,597,500
100.270.500
110.923,700
5,369,349
5,952,143
2,263,110,700,
28,261,065
7,584,165
7,391,939
*
Week Ended May 7
Inc. or
$
Dec. %
1947
$
1946
$
"
31,600,723
76,027,608
7,817,874,961
Springfield
New Haven
1949
'
6,922.854
New Bedford
Conn.—Hartford
Inc. or
Dec. %
District—Boston—
—.——
Mass.-—Boston
Lowell—
1948
$
——
Me.—'Bangor
;
1949
Inc. or
Dec, %
$
First
—
224,382
32,250
_
N.Y.C.
—
2,434,511,582
UI1iMM!
2,154,099
2,033,970
9.1
3,889,816
2.7
447,746,237
4,613,047
441,202,125
—12.4
1,665,361
1,818,128
671,391
1,025,353
—
—
—
—
5.9
—15.7
1,638,175
1,548,441
4,745,987
3,766,553
1.5
407,073,517
395,682,842
8.4
1,545,273
1,396,121
—34.5
636,213
+
—
"
\
6.4
>.+ ••.1.0:+"
—
+
7.1
1,779,089
1,915,357
1.8
8,188,948
7,836,198
—
+
688,249
7.1
1,811,066
1,834,930
4.5
6,531,349
5,763,516
89,104.077
—
3.2
5,687,203
5,324,955
+
6.8
4,320,404
4,405,285
427,561,570
4-
2.5
30,748,235
28,567,875
+
7.6
29,335.898
20.484,389
182,233,594
>
02,013,005
438,175,004
182,060,962
+
0.1
12,483,122
11,814,562
+
5.7
8,476,530
7,513,008
—13.8
21,871,000
36,187,400
+
10
——
5.9
23,415,700
27,179,000
23,132,313
—
3.2
1,411,073
1,451,952
9,375,828,357
—
2.6
7.0
539,840,274
534,782,522
45,978,200
454,834,500
22,386,789
1
46,455,500
427,970,100
I
1
—
—10.6
9,127,615,824
—
+
2.8
1,233,215
998,492
0.9
489,268,627
480,269,226
48
THE
(2140)
Month of April
-—
Clearings at—
$
Federal
Reserve
District—New
,.:
1949
1948
Inc. or
$
$
Dec. %,
'
193,445,826
197,647,300
12,043,373
11,688,385
347,131,684
Binghamton
Buffalo
318.730,653
„_
Elmira
7,115,748
Jamestown
April 30-
Inc. or
..
Rochester
3.0
50,280,970
8.2
1,335,123,828
N. J.—Montclair
+
0.8
27,856,674
—
8.4
30,059,929
—11.4
31,843,914,387
1
1,432,686,547
8.3
I
2,492.125
2,052.305
{
32
73,707,009
56,934.027
1.4
1.830,831
7,798,976,501
—
1.4
—
229,515,532
—
2.5
43,160,129
44,380,420
—
53,294.650
3.3
227,010,193
205,214,500
—
1,327.233
1.151,955
1,431,503
9.4
7,152,561,433
6,453,550,082
+
19.664,467
1,788.993
+
7,128.101.130
•
3.7
—13.5
2,115,464
,
14,557,989
9.7
17,249,390
15.881,875
.
55,057,739
—
u
223.325,821
6,909,451
7,252,727
29,337,094,640
33,039,208,630
Oranges
.
5.4
217,260,602
—14.5
3,392,119
185,301,042
2,900.767
196,592.433
'
714,020,866
—12.0
+
890,882,168
:f
—
2.5
27,961,927
28,778,133
-11.2
121,540,981,888
128,885.793,705
—
909,529
6.6
10,456,701
8,913,203
"+"77
15,221,109
7,511,273
10,636~944
9,55*0~786
—
—100
1,010,145
_•
.
743,115
809,517
"
'
'
1.4
704,103,996
■•V
859,107,277
.
2.0
12,501,528
12,249,686
5.7
«—
14,210,752
14~,555~903
+ 10.6
—
—
49,421,873
47,068,079
+
5.0
39,455,925 " *•
32,153,082"
3.6
54,081,908
48,263,043
+
12.1
45,170,525
39,024,793
5.7
8,088,879,391
7,384,282,221
+
9.5
7,370,147,382
6,663.432,151
1,442,706
1.6
-
7..',.
U
2.8
District—Philadelphia—
4,603,279
5,284.701
—12.9
18.153,434
19 ,466,505
6.7
1.419,453
Bethlehem.
5,721.454
19.209,285
17 459,014
+ 10.0
1,076,545
1,220,123
5.219.417
4.521,948
5.106.185
+ 26.5
Chester
2.2
20,320,747
19 304,762
+
5.3
1,198,056
1.312,567
22.087,130
—10.6
84,501,563
87 861,918
—
19,750,810
16,657,609
—15.8
53,466,312
55 ,701,956
—
3,491,962
3,820~633
3.5
Fa.—Altoona—
+
—
1,160,057
1,033.249
-11.3
909,561
930.075
8.7
1,008,353
875,917
-"876
2,9887285
2,T(>47336
-
-
'
Harrisburg—_
Lancaster
14,027,922
Lebanon
5,750.303
13,534,443
16.556,134
:
DuBois—_
V
*
*
■
■:
'•
1
'
;
■'
"
y.\ ■/>: '■■■vv
v
<v
-
1,249,559,559
Columbus
>
8,617,251
_.
Lorain
;
19,885,591
./
+
3.1
2,128,967
3,863,075
4,251,868
—
9.1
4,002,277
5.2
7
5.2
22, 739,372
151,268,412
151, 063,256
0.1
9,384,475
8,389,463
+ 11.9
2,216,368
•
3,923.648
126, 402,234
8.3
9,864,904:
9,127,069
+
8.1
8,332,421
6.9
15,877,102,970
16,417,093,496
3.3
6.8
847,452,551
'■
122,990,376
113,604,124
2.898,292,545
3.023.086,659
5,237,406,248
5,369,628,366
519,407,000
>
7'.:
7.1
566.413,400 77-
9.4.
+
36.6
+
77:
,7
1,231,293,046
Erie-
20,187,421
21,835,498
Oil City.
17,667,746
21,843,642
My .--Lexington—
14,153,029
W. Va.—Wheeling..
15,277,454
3,561,693,879
1.7
3,710,558,737
34,342,000
24,434,000
19.910,100
5,175,685.049
7.5
4,550,186
4.799,328
3,965,218
3,176,483
6,484,273
6,426,230
5,868,977
5,094,528
274,998,578
297,771,465
7.7
253,180,040
218,318,139
747,649,730
825,898,420
9.5
707,520,377
565.353,069
2.4
+
4.8
+
5.1
+
5.2
+
3.3
—
0.1
82,099,961
82,221,118
72,704,218
:
2.7
21.4
—
7,162,273
...
7
81,836,415
89,301,088
69,889,857
4.0
14,936,769,957
—11.2
81,555,368
65,882,145
14,933,868,182
—
30,102,500
5,008,897,061
7,536,928
8.4
—
9.1
9,644,718
10,135,137
—10.7
15,453,015
192,882,247
274,937,569
288,015,415
....
0.2
—19.1
V
17,103,537
Total (17 cities)
,
1.5
—
5,763,073
120,208.499
264,687,802
+
73,626,689
—
5,984,426
149,399,914
304.273,767
+
77,470,038
100,695,386
71,855,013
+ 12.6
6,545,659
171,739,971
278,236,442
+ 15.8
79,528,002
+
6,357,068
146,920,685
2.5
+ 16.5
122,190,247
>7 +
1,233,249,216
+
8.3
15,085,560
'
1,717,506
730,896,319
4.1
25,119,981
20.3
+
2,534,104
1.934,274
-
—
17,469,021
\
—11.3
66,760,309
2,572,875
1.0
.
+
—
729,265,164
+ 12,5
—.
—
4,589,936
777
8.6
—
970.301.726
904,530,789
5,987,856
-
-
h'Vr
5.5 # ;i
+
—
'
1,694,548
2,240,386
8,193,152
136,938,386
'
18,786,035
7.7
70n,v00,000
■
4.2
23,697,046
0.2
11.5
—
20,272,955
67,863,156
4,751,028
J
+
6,307,043.
26,764,453
>
2.415.755
4,126,780
16,667,040
.
2,491,224
+
134,419,400
7
32,203,324
Greensburg—
Pittsburgh
7.1
—
1,344,666,999
.
Newark
Pa,—Beaver County—.
5,077,207
+
■»:
Youngstown
Toledo
2,652,271
9.4
—
6.8
744,259,135
4,642,245
Mansfield
3.4
+
—
30,459.110
;
147,013,200
Hamilton
—
5.490.754
:-'77
,
680,008,976
Cleveland
2,830,788
6,005,635
5, 098.961
..
32,147,692
Cincinnati
2,735,460
0.9
veianu—
Ohio—Canton
811,OOU,UeO
5.2
■>—5.5
70 ,019,038
4,207,898,552
3,916,678.878
'*,,i
•. f. ■ •
7.2
-
86 368,976
.
2.2
69,408,222
35,002,660
5,506,650
Total (16 cities) ____—:
930,000.000
51, 643,315
81,650,363
+
5,805,971
<35,378,105
•*
863,000,000
5.5
—14.7
+
-
—11 9
39,028,165
«
-
40 044,999
35,440,004
'
15,626, 000,000
15,419,098
42,889,955
If. J.—Trenton—
'
23, 001.136
15,084,000,000
48,945,039
+ 17.4
Del.—Wilmington
v
22,484.080
7.2
8,923,371
;
1,217,345
Hazleton__
2.0
18,794,560
1,284,790
10,477,720
York—
3.4
2.1
—
23,299,642
Wilkes-Barre—
4.0
—
4,003,000,000
12,825,284
19,874,630
t
—
14 918,054
3.8
—.
4,057,779
5.868,817
3,716,000,000
Reading
Scranton
>
'
3,970.602
Norristown
Philadelphia—
+
—
+
9.5
5.7
0.1
Fifth Federal Reserve District—RichmondW. Va.—Huntington
V».—Norfolk
+. 1.2
48.580,000
+
2.9
193,347,000
189,890,000
+
1.8
11,694,000
496,393,682
+
0.7
2,061,824,971
1,978,888,342
+
4.2
110,446,723
15,107,135
14,177,372
+
6.6
59.989,033
57,545,287
+
4.2
3,820.419
11,345,138
;
_
_.
31,621,703
Frederick
D. O.—Washington
300,751,165
322,440,133
Total (8 cities)
1,753,627,210
1.1
46,325,458
130,554,578
3,435,037,918
17,713,022
6.7
+
—
4,441,449 f"
5,184,379
:
6.5
4.0
898,526,171
.
_
Md.—Baltimore
■
+ 16.7
31,281,619
839,721,170
_
46,172.823
—
0.3
3,105,026
—13.3
3.580,046
2,597,448
2,350,509
'
S. C.—Charleston
Columbia
11,211,229
49,981,000
499,915,520
Richmond—;
1,827,051,655
—
11,876,000
,
114,057,121
' 7
3,481,096
+ 12.1
116,440,416
3,578.307.950
4.0
•*"T
<
1.5
-
10,163,000
-
.
-
7,603,000
3.2
99,409,021
82,710,572
77+ 9:8
2,393,689
2,628,544
164,993,828
—
205,751,258
205,507,475
+
0.1
177,861,539
17,060,205
+
3.8
1,215,702,979
1,182.442,779
+
2.8
75,103,867
71,615,978
+
4.9
63,137.121
60,093,536
7,160,342,324
7,166,900.437
0.1
409,921,293
0.1
355,561,818
320,380,039
,
—
—
7
410,117,716
—
Sixth Federal Reserve District—Atlanta—
Tenn.—Knoxvllle
3.4
68.890,401
71,239,215
..
1.6
288 284.293
283,741,570
Nashville
284,515,462
295,618.988
3.8
1,117,181,895
1,113 637,688
Ga.—Atlanta
926,900,000
975,000,000
4.9
3,805,900,000
3,807, 200,000
Augusta
18,459.088
18,045,194
17,900,600;
15,498,643
369,155,513
393,115.411
30,166,423
25,283.401
388,437,247
372,019.778
26,608.075
Macon..
16,247,918
14,448,162
31,264,090
13,966.159
13.986,869
15,818.000
Columbus
14,776,000
—
_____
Fla.—Jacksonville
Tampa—
—
_____—
Ala.—Birmingham
Mobile
Montgomery
-
Miss.—Hattiesburg
Jackson
1__
31,210,454
5,080,992
1,722,705
515,191,258
2,729,166,671
Federal
Reserve
5,762.690
5.4
94,973,918
34.345,786
—15.1
6,840,840
6,921,296
Muskegon
0.9
2,550,619
6.3
69,525,296
65,830,119
+ 12.6
70,337,196
1.2
6,303,222
+
*+11.6
1,525, 759,739
126 336,756
56,575,012
58, 651,151
'7.1
63.891,000
61. 646,000
3.6
137. 283,594
5.2
22, 639,751
5.0
7. 751,601
8.6
516,491
445,904
+ 15.8
359,051
307,903
8.8
134,740,950
113,572,142
+ 18.6
101,489.713
96,489.093
2.2
611,445,351
561,756,616
+
8.8
523,58G,639
464,573,422
—11.6
1,529,820
1,788,418
1,276,643
1.125,706
9,642,884
10,799,285
4~,042"0~4~4"
6,003~833~
7.8
144,433,252
21,511.142
+
4.0
7,082,790
+
0.1
2,166,908,272
1,991, 312,629
2.4
11,202,804,601
+
—
10,957,528,442
•
+
—
7?
66,175,003
5,049,967
3.5
25,544.305
6,566,091,772
60,270,119
65,197.365
—
—
0.3
7.6
6.7
164,440,495
174,137,475
2.8
23,914,095
23.667.490
+
1.0
87,130.013
96.456.109
—
9.7
10,881, 134
—13.9
39,528,158
32.7
31,335,662
26.644.772
+ 17.6
7.4
93,838,881
105,267,070
—10.9
—
+
6,925, 826
+
—
'47,818, 626
53,975,272
South Bend
22,576,333
6,548.640,106
0.6
—
27,007, 510
217,323,885
6.2
4.9
—
—
—19.3
9,193,376
Gary
—
43.058.771
—
5.6
182,100,959
+
894.304,791
873,346.719
+
+
2.9
112.363,888
104,242,651
.
+
76,606,315
75,895,555
+
244,085,965
245.876,
,284
0.7
1,021.588,541
1,014,938,967
+
38.816,000
7,887,598
0.7
4,358,050
7.562,896
7,107,
,567
Watertown
1,186,844
,233
,1.305,
Manitowoc
4.404,
,487
2,734,731
Iowa—Cedar Rapids
—
118.992,.174
53.212,690
53,788 ,521
—_
I
2,179,430
17,766.176
18.549,679
6.4
32,626,718
30,301,034
9.1
5,201,645
5,597,456
—27.2
15,649,,024
117,612,822
X
1.V
+
,318
3,757,
16,080,374
HI.—Aurora
3,627,514
45.291.000
9,316,279
—15.3
5,085,266
4,170.540
X
+
0.9
t45.693.552
Sheboygan—
i__
4,993,828
TnTs
5,495,469
56~78iro"ob~
7.8
2.9
X.
Oshkosh
Des Moines—
2.5
50~,866~0"0~0
5,635,300
2.4
17,604,
,520
til,927,308
Wis.—Madison
,__
4,684,143
3.7
4.1
18.122,987
Terre Haute—
7,654,423
5,347410
2,803,650
199,723,124
+
27,174, 734
9,143,935
—32.7
8.2
+ 12.9
208.676, 694
,
27,958,476
Ames
3,838,927
3,078,846
—
107,288.230
—12.7
5,705, 930
25,002,810
Indianapolis—,
+
—
—
10,240.850
—
+
—
61,378.347
64,838.125
1.2
469.328,960
499,407.046
—
1.1
225,341,500
233.699,649
—
+ 11.7
8,722,485
—21.4
20,808,305
—
7,782.851
408
5
9_,052^667
—
4.0
49,436362
X
.
41,719755
:
7.7
7.1
—29.9
14,611,001
2.8
1,951 ,191
4.2
56,686.176
x
22.377,201
+
5.3
3,551,449
3,817,614
3,301,101
2.872,782
6.0
28,799,467
28.829,496
26,890,247
19.230,836
3.6
13,489,458
13.423,495
13,816,831
8.839,110
12.1
-
-
Bloomington
Chicago
4.352,759
75.536
4.615,059
3,135,865 .392
12,370,536
Peoria
4,919 .255
2,949,752,170
Decatur
11.669 ,627
6.2
18.185,933
20.590,400
5.9
11,974,947,481
12,727,062,148
6.0
48,911,305
51,322,291
0.6
—
.
—
1,214,919
1,209,784
1,031,762
867,135
5.9
678.106.325
714 689,135
694.894,837
582,150,740
4.7
2.979,385
2.767,941
2.635.631
2.136,552
4.8
—
—
44,568.707
44,289 ,146
177,874.431
186,879,300
20.519,944
;
20,186 .128
1.6
80,339,055
81.933,310
—
13.966 .807
2.9
55,499.793;
58.159,572
—
1,614,919
cities)
...
1,755 ,403
5,520,979,243
J>,786.104,710
8.0
—
4.6
6,483,222'
22,589,916,827
7.0
—11 7
13,560,171
Rockford
Springfield
Sterling
(31
2.6
1,607,785.931
—
42,891, 266
,
9,364,630
Bay City
Ind.—Ft. Wayne
Sioux City
3,343,003
1.8
9.3
+
5.6
>24,750, 400
5,866,488
19,961,036
V
Milwaukee
165,800,000
4.4
—
15,071, 046
40,001,417
Lansing
Total
75,297,674
—
47,988,886
196.000.000
0.1
+
1,654,434, 654
14,983,393
Flint
Grand Rapids
Jackson
*
4,164,417
11,038.819
14,311,133
58,343,255
7.9
—14.9
6,142 405
1,573,094,716
Detroit
,
4,440,939
3,777,731
80,073,470
2.8
7.0
+
District—Chicago—
Mich.—Ann Arbor
:
4,519,524
+
105, 930,943
2,797,645,782
Seventh
191,100,000
—
66,082,187
209,600.000
—
1,517, 894,349
118,268,081
15,386,271
61.441,251
0.1
+ 10.3
57, 341,205
66, 734,901
1,504,574,606
14,961,176
0.3
+
—
69, 123.842
-
6.1
—
514,920.625
Total (16 cities)
58.807,730
+ 19.3
—
1,656,208
-
73,585,845
65,269,245
G.8
—
5,819.264
Vlcksburg.
2.3
9.2
+
—
33,848.310
Meridian
La.—New Orleans
—
7,094,134
—
23,406,795.177
—
10.C30.773
10,775,199
8.955.514
8,208,327
1.9
4,503.690
5,284,445
4.068.320
3,416,653
4.6
3,311,032
3,874,686
2,889,443
2,384,633
888,791,320
927,993,790
—
4.2
879,054,980
731,304,166
271,000,000
—
1.3
218,500,000
187.800,000
8.6
3.5
„
Louis—
Mo.—St Louis
1,081,769.405
1,166.035.599
10,486.138
Cape Girardeau
11,243.329
Independence
Ky.—Louisville
1.535,008
1.514.981
463.574,083
479.226,860
Tenn.—Memphis—
364,529,183
366.236.313
1,589.853
1.606.790
7,575,852
8.123.050
1,931,059,522
2,034,036,922
HI.—Jacksonville
~2~~
Quincy
Total
(7 cities).
i
!
1.4
+
+
1,604,596
-
21,579,731
5.3
—
174,722,731
Reserve
'
1,544,609
5.8
—
333,478,176
328,827,465
41,979,013
+ 20.9
—
33,848,800
124,384,994,396
117,140,573,649
+ 67.1
3,507,126
72,905.610
52,324,312
—11.2
28,265,806
,
,
31,310,179
4,241,242
11,322,621
_
Third Federal
1946
75,202,100
56,271,668
Newark._-__l.__.
_
1947
6.8
82,915,758
Northern N. J
Total 14 cities)
Dec. c/o
4*2
53,233.458
_
Utica
__
$
3.C
11,036,975
8yracuse_
1948
$
+
—
76,027,165
_
Conn.—Stamford
Week Ended May 7
Inc. or
1949
+
508,900,637
48,243,066
526,888.693
+
8,688.368
28,221,232.565
2.1
—
—
7,062,700
7,955,756
—
New York——
Monday, May 16, 1949
York—
!
N. Y.—Albany
-Jan. 1 to
$
v,;
CHRONICLE
FINANCIAL
&
Dec. (Io,
1943
1949
..
Second
COMMERCIAL
—
—
+
—
—
—
—
—
7.2
4,513.039.378
4,744.494.868
6.7
43.780.336
42.898,098
+
2.1
1.3
5,992.789
5,931.846
+
1.0
3.3
2,038,554,115
1.991,293.555
+
2.4
108.127,298
104,382,234
+
3.6
92.584,769
77,950.514
0.5
1,576.780.698
1,520.481.343
3.7
75.874,861
73,427,105
+
3.3
64,456,760
52,477,730
1.1
6.091,774
6.626,833
8.1
,n4-
6.7
29,297,549
32.766,205
—14.6
1,727.273
1,343,846
5.1
8,213,536,639
8,344,492,748
0.5
377,268,802
319,572,099
•
—
+
—
4.9
—10.6
—
1.6
267,400,000
.
.
1.923,216
453,325,375
„
2,251,339 '
451,060,678
+
•
Volume
169
Number 4803
THE
COMMERCIAL
-Month of April-
Clearings at—
Inc. or
's
-v
1949
Inc. or
1948
Dec. Vo
<-
i
Dec.
Week Ended May 7
Inc. or
1948
1949
;•:
Dec. Vo
$
■:;vv,
.
:
.
1947
'
$
Vo.
1946
»
-
$
s
'
»
'
25,053,721
24,932,416
1,052,481,516
0.5
95,779,716
7.6
+
972,837,354
Minneapolis.
4,090,663,131
—
i.__
6,490,057
5,937,000
+
9.3
327,158,729
+
2.7
3,555,558
3,504,209
+
1.5
1,107,760
975,979
+ 13.5
4.276,484
21.639,756
25,751,132
4,468;000
4,286,000
-4,711,626
4,361,132
'
+
—
ifb.—Fargo
>
•
-
Grand Forks
-
Minot.l
-
-
—16.0
+
8.0
S. D.—Aberdeen.
-13,997,134
14,559,770
21,623,085
24.610,700
2-,634,672
2,600,778
Sioux Falls
Huron
-
—
Mont.—Billings
- - -
2.1
Lewis town
(16 cities)—
14,780,547
/
153,335,057
v'i
*+
8.6
69,810,204
59,6467064
6,710,970
5,588,885
+
20.1
4,737,923
4,040,882
3,451,982
3,215,039
+ 14.1
+
3.2
+
4.2
104,382,451
16,345,000
16,660,556
18;799,4IO
! 56,368,903
r
92,248,811
1.3
+
;
55,084,194
'
—12.1
11,440,472- 7" V*:
*,
-
:
r
0.2
+
12.2
'47,148,096
158,012,587
+ 10.6
5,162,604
4,892,488
1,552)883,561
4.6
6,242,070,111
6,457,694,071
^
-
:
56,683,692" :
56,586,692
2,1237199
3,412,403
3,741,319
2,913,455
2.2677271
9,208,150
• •
'Jr.
■KIT?
8,40l~63T
7,690^176
5,865,051
296,639,857
231,943,714
5.5
+
3.3
—
0.1
9,198,545
+ 13.0
114,343,806
.0.4
1,927.593,784
2,034,812.653
9.0
9,917,981
9,451,829
—14.2
5,553,846
6,273,458
329,374,962
340,154,728
3.2
—
118,778,940
105,334,907
+12.8
2,411,682
28,726,245
483,424,221
485,348,529
2,257,652
2,481,025
1,366,443
1,592,820
28,649,223
25,809,910
+ 11.0
—
Kans.—Manhattan—
1
;
I,.
.
Wichita—
V
!
,
47,727.332
___
;—-17_1
6,182,747
1,241^49,-4-71
Kansas City
—
57,580,085
5,955,118
1,353.137,773
:
::
46.942,360
;
.
.
.
8.3
—
23,210,893
_
+ 29.4
114,523,060
—
709,641
5.6
498.967
7,667,820
5.0
5,822,962
4,955,055
111,762,021
113,731,561
1.7
109,295,411
86,163,280
6,710,125
7.4
6,351,250
8.7
8,845,451
8,105,917
<
179,604,146
.
: V
129,802,984
8,755,480
+ 11.8
38,456,917
.427,548,701
0.9
1,672,377,683
10,896,550
9,359,121
+ 16.4
37,224,652
32,709,012
9,956,011,148
10,485,706,081
f 116,121,438
117,130,758
70,527.063
Pueblo
+
572,377,581
.
„
512,642,439
.
,
298,1547417
~6.8
262,382,680
201,02*67199
9,355,795
11,047,014
-15.3
10,018,883
6,370,635
..
.v;:r
-
3.2
; ;:„.+ U.7
+16.3
/
;
2,416,789
2,015,067
+ 19.9
2,044,618
1,890,630
T«:r
1,6067385
5.0
430,894,613
450,293,274
5.6
1,868,971
1,757,285
+ 13.8
33,064,793
1,699,413^11
-
-
r.
7.6
—
9,787,810
145,674,851
„
13,171,015
277,994,934
.
8.0
—
7,400.093
4.488,107
.7,245,354
12,029,897
r,
0.4
—
194,377,180
7,180,223
449,194'
-
-
—10.5
—
i;,
5,493,569,724
431,409,328
—
Colo.—Colorado Springs
Denver
;
,
660,755
4.9
+
+ 12.2
,
5.3
—
210,057,866
23,295,472
,
5,052,125,099
—10.7
1,713,469
(
188,067,052
-
3.7
—
1,324,190
41,899,600•
.
Carthage—.
:
627,743
'670,000
7,282,691
.
—
414,617
5.0
4.8
0.2
+
8,780,384
•
,
279,337
—11.5
2,410,391
Omaha
Topeka:
5.o
141,942,954
1,308,437
M
+
^■""•44,899,172
+ 11.6
+
1
Parsons
7
-
+
'
ir/r;
2.3
—
IT,861,731
11,085,089
i
0.8
—
101,154.872
34,172,171
32,461,398
»
Hastings,,
Okla.—Tulsa
203,387,507
77,6 3 3^0 71
8+3037919*
District—Kansas City
1
St. Joseph
-8.0
235,950,540..
4,666,230
5,364,662
6.4
—
3,747,887
17,028,000 ;V
3.S
—
15,158,503
V
1.46-1-,433,035
Reserve
Neb.—Fremont
Mo.—Joplin
6.5
—
8.5
+
1,446,713
•
—
•
Lincoln
217,027,539
+
38,124,406
—15,193,694
'W 12,434,158
:
Great Falls
Tenth)Federal
6-0
—
22,967,729
5,624,241
*
_L.
Helena
5,259,999
1,415,326,306
"
107,766,744
4.2
+
0.2
+
4,350,081,133
1,445,362,454
13,829,133
'
Fergus Falls__
95,556,756
24,923,437
336,115,231
St. Paul
Winona
■*.
$
District—Minneapolis—
Rochester™
Total
(2141) ' 49
-Jan. 1 to April 30-
1948
-
Federal
Minn.—Duluth
•
CHRONICLE
FINANCIAL
'
1949
$
Ninth
&
406,993,891
1.6
—
■*"
1,8007532
v
Total
•
(15 cities)
2,486,782,857
—
16,281,758
J
Dalla—
I
Galveston
93,632,817
:
Worth
839,842,146
26,772,000
_
Houston
'
Port Arthur
Wichita
876,241,486
6,220,743
6,247,113
17,588,647
La.—Shreveport
—
(}1 Cities)
4,129,820
40,144,114
—
17,866,853
4.088.069
Falls
Texarkana
40,502,628
V
69,894,387
4,119,431,528
401,502,847
385,137,187
101,918,000
3,542,227,980
25,046,820
; «
•
159,690,682
+ 2.3
20,343,614
5.5
2,546,198
2,~199~723
—~3~4
7,5127912
6,~579"6?4
3.5
218,199,464
174,308,801
3,826,931
4,049.222
—
4.1
9,533~982
9,873~896
252,569,842
261,766,737
7.3
106,706,470
143,623,842
2.6
3,584,382
4,307.389
130,368,323
142,409,626
52",033"273
47,857~716
+
+
22,761,053
—10.6
1,835,293,373
1,979,689,130
3.7
^ +22.3
56,800,477
58.329,983
107,802,002
85,029,554
—
29,654,000
3.3
8,271,000
8,556,000
Portland
587,686,618
632,489,812
—
Utah—Ogden
10,361,445
222,380.013
—
—.
9,555,253
246,178,393
—
64,052,335
22,226,229
24,359,960
43,957,375
21,579.792
33,732,783
69,105,192
22,644,455
23,360,535
49,341,969
15,385,194
34,792,149
10,254,162
1,707,560,393
46,277,007
17,475,709
34,214,450
3,301,282.613
3.453,084,531
Lake City
Ariz.—Phoenix
Calif.—Bakersfield
Berkeley
58,820,755
—
16.239,759
42.783,566
9,106,677
1,613.073,997
Modesto
_
_
Fiandsc"o777777_:
San Jose
Barbara
Stockton
3,697,008
+
—
—10.6
5,641,692
13,989,111
21,671,294
Ore.—Eugene
Santa
17,7O2~923
4,724,000
5,526,000
+ 2.2
507,583,949
26,513,040
Pasadena
20,729,733
21.2
25,775,571
6,697,000
+
+
8,812,584,680
5,771,684
Ida.—Boise
Riverside
—*1878
20~ 93 7^03^6
+
153,458,229
453,895,978
Yakima
Long Beach—
138,086~00»
1.8
6.6
5.0
6.5
2.8
5.8
10.3
3.3
+
+
—
95,664,000
3,445,202,237
23,676,285
60,074,783
16,475,590
9,004,579,470
6.043,594
175,435^000
8,225,048
208,317,000
+
17,016,892
2.8
—
7,251,621
2.0
7,440,475
20+13+418
—
District—San Francisco—
7——
—
SeatUe—————
San
315,509,281
9.5
0.9
0.9
—
-
13.477,419
Wash.—Bellingham
Salt
—
4.048,125,292
376,773,127
405,477.316
66,591,709
0.9
—
2,252,374,441
2,188,694,386
;
Federal Reserve
Twelfth
1,035,308,647
89,475,799
107,954.016
23.791,000
1,020,546,488
913,580,639
El Paso
—11.7
—15.2
— 1.4
+ 6.8
—13.3
+ 12.5
— 4.2
+ 0.4
— 1.6
— 1.0
31.683,984
19,199,465
27,970,595
:
Beaumont.
Total
3.9
—
2,587,003,652
Federal Reserve Dlatrlet—Dallas-
Eleventh
Texas—Austin
Ft.
7.,/
-
—
—
+
7.3
7.1
2,299,893,043
7.8
+ 10.7
38.662,082
45,003,688
927,299,009
892.313,712
7.3
1.8
+ 4.3
264,903,543
274,526,358
94,397,752
118,601,491
97,963,063
98,951,655
+ 19.2
218,047,076
181,095,855
+
20.4
64,586,077
64,468,412
142,784,836
+
78,374.581
3,759,774
3,220,201
8.5
91,257,425
74,172,352
"+"*877
40,28+906
33,6637279
0.2
5.6
+23.0
—11.2
—5.5
— 5.0
+23.5
— 1-4
+
; v
94,974,196
—10.9
33,283,000
V
6.1
—16.8
—
26.3
2,481,895,526
165,596,886
37,060,082
6,4
—
+
—
10,045,057
8,543,119
8,880,093
8,049~482
"+2+4
7,4527522
6,767,872
ti.d
361~,627~10T
331,3297549
318."1827634
25.3
+
0
13,786,955,504
259,031,240.880
134,646,246,484
+ 19.4
8.640.206
8.965,733
4,205,702
+
0.1
3.676.207
3,219,340
7,715,239
8,145,138
5.3
7,957,505
6,141,312
700,927,186
743,115,194
3.9
14,358,150,126
13,867,523,622
2.1
—
—"873
9,175,498
4,210,616
4.9
+
10,955,701
6.8
—
394,395,744
3.4
3.5
——
139,555,698
13,112,078,619
13.714,135
10~,0n~94~6
—10.5
70,745,443
4.4
1.0
+ 16.0
182,026,088
130,025,854
3.5
—
1>6
73.255,693-
3.0
—20.4
41,404,614
6,8/**. t»t>.
i<t, )04, (8u
175,790,213
—
—14.1
.0,559,173,625
6,735,422,492
—
"
•
.
Total (19 Cities)
total
Grand
——-
60,471,603,634
65.682,362,755
—
7.9
248,963,810,378
32,250,371,069
(183 cities)
Outside New. York
(
—
33,838,448,368
—
4.7
131,523,236.729
—
—
—
-"Estimated.
tNot
included
2.7
5,085,579,748
Redemption Calls and Sinking Funds
give below
Section 522 of the Tariff Act of 1930, the Federal Reserve Bank
Notices
certifies daily
world. We
of the Treasury the buying rate for cable transfers in the different Countries of the
€0 the Secretary
Below will be found
record lor the week just passed:
a
FOREIGN
EXCHANGE
CERTIFIED
RATES
BY
MAY
6,
FEDERAL
BANK
RESERVE
1949 TO MAY 12,
TO
TREASURY
TARIFF
UNDER
1949, INCLUSIVE * t
ACT
OF
1930
The date
'
.
Noon Buying
Country and Monetary Unit
May 9
May 10
"the details
.
' May 11
NOTICES
For certain industrial
.297733"
1
.200000'
.200000*
.022750
.C22750
_
'___
V'
.054406
;
$
.297733*
.251247*
.251247*
.251247*
Angostura-Wupperman
.200000*
.200000*
.200000°
Asuncion
'
,
American
.022750
.022750
.021712
.021600
.021750
.054406
.054406
.054406
•
-./ii
'
Ice
Co.,
i
—
1
;
—
1.000000
1.000000
.950000
.95C625
Pittsburgh,
Ycungstown
General
.301166
.208535
.208535
.004671*
.004671*
.004671*
.005671*
.003039*
.003039*
.003039*
.003041°
—
—
3.991955
pound..
Norway, krone
"
.126527
.125000
.125000
Iowa
.376125
.376211
.376212
Minnesota
3.991955
Cloud
3.991336
3.991336
.201580
.201580
.497240
.040328'
.497240
.497240
.040325
.040328
.497240
ri
'Nominal rate,
Corp.—
Power
3.991955.
.201580
.472166
1st
mortgage
bonds,
1st mtge.
Poli-New
Fibre
.472166
.278228
.278228
.233629
4.C07500
4.007500
4.007500
4.007500
Sherwin-Williams
Co.*
4%
4.031835
4.031239
4.031250
4.031796
Southern
Natural
Gas
Co.—
.658300*t
.65839C't
.658300°t
.658300°t
—.
—
—
:
t Application depends upon type of
.588223*t
.561799*t
.531909*t
merchandise.
England
mortgage
.583223*t
*
"*
Theatres,
mortgage bends, due
A!r Line RR., 1st
1
1336
.588222<t
.588223°t
.5882fi3*t
Thew Shovel
.561799*t
.56l799*t
.561799°t
.561799°t
Tide
.531909*t
.531909" t
.531C09't
.531909°t
Virginian
1671
;——May 15
Inc.—
mtge.
1672
1
iiJun
4s,
preferred
:
A,
ser.
due
i".
*
1990
"1997
1
1997
1
Jun
1890
'
•.
1968
1
1996_Jun -1
stock
line 3% bonds, due
IV. preferred stock
pipe
Co.,
.May 16
—
1958
Seaboard
1st
1882
.1991
Co.—
.472166
-
1881
—Jun
1961
4V* Vo
.233629
1st
1
1
1
Jun
due
A,
ser.
bonds, dated 1936
3%%
Vulcanized
.233620
.278228
Jun
-Jun
—
1965
debentures, due 1960
England Power Co.—
mortgage 3y.»s, series A, due 1861
15-year
.472166
.233629
due
3s,
.278228
■
1
1961
Co.—
Transfer Ry.—
1st mortgage
1st
due
Depot
3%Vo
Electric Co.,
National
New
3'As,
.572166
,658300*t
York
.278228
4.031875
Uruguay, peso
Uruguay, peso
.
Union
4.007500
—
pound—*.
Urugua y, peso..
5%
.233629
—
w
L-
pound sterling
Uruguay, peso
•
,
.040328
Union of South Africa,
New
mortgage
Street
.126291
.
.497240
United Kingdom,
1st
Fort
.301678-
.040325
^
Eastern
Canada, Ltd.—
Inc.,
5'/2 Vo
Co..
.301678
Portugal, escudo—l
Straits Settlement, dollar——
Switzerland, franc.—
Childs
.301678
Philippine Islands, peso
Sweden, krona
of
*
V/2V0 bonds,
mtge.
Foods,
.201580
'1:
.201580
—
1661
I87y
1987
1st
B/G
.376000
*
.123839
7
"
Page
.301678
.375942
Netherlands, guilder
2035
7
-
.301678
India, Dominion of, rupee—
REDEMPTION
ser. A and B, due 1974-1-—«
May 15
debentures, dated 1945—— — .May 25
preferred stock__..__llr_-_-__
Jun
1
DeBardelebcn Coal Corp., 1st mtge. 4s, due 19572.
Jun
1
.208535
.004671*
—
*
Date
Aluminum Co.
.020060
.208535
*
....
1959_^_r_May 16
1st mortgage bonds, due
Corp.,
*
——.May 31
Company and Issue—
.301166
.020660
1770
Ry.—r
:
PARTIAL
'
Official
Free_—
Mexico, pe x>
.301106
-.020060
.003Q41*
(Metropolitan), franc—
.301166
.020060
Page
Co.—
Ashtcbula
&
bonds
mortgage
Textile Realty
.948515
.208535
——___——
Date
-_Jun
9
May 15
^__May 16
Corp.,
common
stock—
Corp., 8 Vo debentures
1.000000
.951875
.301166
koruna
Denmark, krone—
New Zealand,
1.000000
.020060
Ceylon, rupee—,
^echoslovakia,
France
1.000000
i
■'}. Consol. mtge. 3 'h -6 Vo bonds, series A, due 2039—Jun 15
.054406
.952421
Official—,—
'
Concession
Port
Canada, dollar—
Free
TENDER
stock.
common;
Philadelphia Transportation
3.212640
3.212150
.022750
.021550
.021562.
^
.
$
.297733*
3.212150
3.212640
Closed
3.212640
——
Belgium, franc__——'
Foreign "bank notes"account__
Brazil, cruzeiro^
.251247*
.251247*
products
Australia, pound
.297733*
OF
Company and Issue—.
$
.297733*
$
$
given in the "Chronicle."
were
May 12
<
S
Argentina, peso—
For "regular" products
For "non regular" products
bonds, notes,
ing tenders, and the page number gives the location ia
the current volume (except where indicated) in which
Rate for Cable Transfers in New York
May 7
May 6
list of corporate
a
and common stocks called for redemption,
those called under sinking fund provisions.
indicates the redemption or last date for mak¬
preferred
including
Value in United States Money
.
5,017,005,364
-■.I':
Foreign Exchange Rates
'
11,539,129,830
available.
Pursuant to the requirements of
•
541.587,453
13,009,566,797
•4:
totals.
in
597.872.409
3.5
+
■T.'\
JNot
5.7
—
—Jun
—_j—Jun 15 ?
July 1- % -1492/
.-",.V „ ,
•
;
-oi1- '•»
1st lien & ref. mtge. 3V* Vo bonds, ser. C, due 1973
Jun 17
182]
Wilson Co., Inc., 1st mtge. 3%
bonds, due 1958
Jun
1
2037
Water
Associated
Ry.—
Oil
Co.,
.
$3.75 preferred stock
,
50
(2142)
THE
ENTIRE
ISSUE
Company and Issue—
COMMERCIAL
CHRONICLE
FINANCIAL
&
Inc. ( + ) or
CALLED
Date
•
■/'
Page
Monday, May 16, 1949
:
Name of
When
Holder*
Payable of Rec.
Per
Share
^
Dec.'(-—) Since
Company
"
Appalachian Power Co., 6%
debs., series A, due 2024- -July
Corp.—
debentures, due 1959----*———. Jun
New England Telephone & Telegraph Co.—
1st mortgage 5s, series A, due 1952
__Jun
National
5%
York
&
General
Ohio
fund
Pacific
Lighting Co,—
bonds, due 2004
mortgage
Co.,
6%
debenture
Lighting Corp.,
Service
2%%
Real
1S93
1
1454
Co.
of
convertible
Silk
Assets—
Loans—net
__July
——-
bonds,
2024—
due
Hosiery Mills, Inc., 7%
Jun
__Jun
preferred stock——-.——1
$5
Indiana, Inc.—
debentures, due
1
1
Loans—grosst
Commercial, industrial,
51591
9
1888
—May 25
preferred stock——
—July
in this
tVol.
issue.
§Vol.
166.
24,*08
—
167.
Other
916
securities
Other
Statement of Condition of the 12 Federal
Other
U.
Reserve Banks Combined
thousands
(in
of
crease
Gold
certificates—
notes
S.
reserves
advances—
loans
Govt,
6.731,379
Bonds
P. R.
loans
securities.
20,233,321
foreign banks
Notes
of
other
—
S.
+
93,972
Foreign
+
69
+
69
-
53
Class
+
'
—
3,183
+ ;+.y
886,130
+
10,529
479,993
45,822
15,215
2,182
—
bank—reserve
acct.
acct.
gen.
18,363,972
912,717
—
500,435
—
Other
908,777
—
516,982
+
77,477
30,918
2,961
—
+
—
+
324,387
1,077,227
406,777
126,159
+
deposits
20,094,106
Deferred availability items—
incl. accrued divs.
Total
liabilities
—1,014,211
2,193,103
Other liab.,
+
12,399
45,629,569
+
+
—
+
451
290
+
—
—
891,337
+
384,858
—
1<
322
+
"
+*
Other
capital
204,336
of
note
gold
to
serves,
+
ances
8.
U.
Govt,
trial
to
—
22,402
for
+
1.2%
+
1.9%
foreign
first
we
make
+
58
+
2,265
Indus¬
loans
Then
36
—
4,215
—
declared.
Alden's,
a
.
.
20
New
50
STOCKS
..
.
Shawlock,
England Brass,
common
Inc. ($10 par)
Boston Sand & Gravel
Co.,
44
$ per share
($100
par)—
200
«3 lot
—
preferred
($50 par)44
The condition statement of
weekly reporting member
banks of the Federal Reserve
System in leading cities
shows the following
principal changes for the week
ended May 4: An increase of
$259,000,000 in holdings of
United States Government
bonds, decreases of $186,000,000 in
commercial, industrial and agricultural loans and
$353,000,000 in demand deposits
adjusted, and increases
of $517,000,000 in demand
deposits credited to domestic
banks and $322,000,000 in
borrowings.
Commercial,
industrial
and
agricultural loans de¬
the principal decreases
in nearly all
districts;
$72,000,000 in New York City and
$35,000,000 in
the Kansas City District.
Loans to brokers and dealers
creased
were
for
purchasing
or
carrying
United
States
Government
securities increased $168,000,000 in
New York City.
Holdings of Treasury bills decreased
$69,000,000 in
New York City, and increased
$44,000,000 in the Kansas
City District
and
$38,000,000 in the Minneapolis
District;
the net increase at all
reporting member banks was $9,000,000. Holdings of Treasury
certificates of indebted¬
ness
increased $38,000,000.
Holdings of United States
Government bonds increased in all
districts;
cipal increases were $86,000,000 in New York
the prin¬
City, $51,000,000 in the San Franicsco District and
$34,000,000 in
the Cleveland District.
Demand
deposits
adjusted decreased $209,000,000 in
New York City,
$63,000,000 in the Chicago District, and
hy smaller amounts in most of the other districts.
United
States Government deposits decreased
$125,000,000.
4%
1
liabilities of reporting
5-14
10c
6-15
5-20
7-
1
5-25
8-
1
6-28
(qtiar.)
6-
933AC
1
—
125c
9-
1
8-
50c
(quar.)
Chicle
Co.
6-10
6-10
Fruit
Growers,
News
Company
25c
Inc
;
Gas
Light
Pacific
(quar.)
preferred
Avondale
V.
B.
Bell
Indies Steamship
&
&
Works,
Inc.
Battery,
Co.
B
&
1
7-29
Bigelow,
preferred
(quar.)
7-15
4.40%
Canada
Dominion
&
Sugar
Canadian International
preferred
5%
Canadian
&
Carman
Gold
Ltd
3
xk %
preferred
5%
-
5%
Cities
'
(s-a)
City
Island
Pacific
&
6-20
(quar.)
:—
(Ky.) —
:
'•
(quar.)
Utilities Corp.
Power &
Continental Assurance Co.
Continental
Casualty Co.
Continental
Oil
Co.
6-15
6-15
5-10
5-27
$5.25
Dubilier
preferred
Cornell Wood
Cow
Electric
Gulch
A
Co.
Petroleum
Minnesota
5-10
Monarch
6-30
6-15
1
5-13
30c
6-10
6-
6
1
1
National
National
Gas
"7-15
6-10
National
1
5-16
5-
9
2c
6-20
6-
20c
6-10
common
(quar.)
(quar.).
45c
1
5-15
5-26
5-16
6-
\
1
5-17
933Ac
6-
1
5-17
93%c
—
6-
1*
5-17
20c
—
&
Bound
Co.
Bvook
RR.
(quar.)
(N.
Y.)
(quar.)-»——
;
6-10
SOc
5-20
41.50
'6-1
+
1
6-
1
6-30
6-15
$1.25
6-30
6-15
25c
'6-10
5-27
lo^Ac
5-15
5-
7-
1
6-15
7-
1
pfd
6-30
5-31
1
5-16
6-
1
5-16
25c
G-
1
5-16
25c
7-
1
6-10
'7-
1
8-10
62Vic"
—
%
6-14
'
6-15
6-
30c
6-
1
5-23
$1.75
6-
1
5-23
12Vic
6-30
6-16
40c
iquar.)
$1.75
6-
12Vic
!
iquar.)
1
5-23
5-11
1
In?.—
7^
$1.06
1
6-15
65c
6-15
6-
5-16
5-10
5-16
5-10
lOVic
5-16
5-10
40c
6-10
.5-31
25c
A
14c
12 Vic
class
6-10
(quar.)
iquar.)
.....
iquar.)
+
25c
common....
(quar.)
3
5-35
6-15
-
81'Ac
6-
6-
1
5-20
6-
10c
1
5-20
1
1.
i0c
common
6-
35c
6-10
6-
$1.75
6-30
6-20
iquar.)
"
—
iquar.)
97tic
&
preferred
1
1
6-
3
7-1
6-
3
5QC—-6-15
6-
1
1
*
all
$1.08V4
Co.,
com.
arrears)
25c
(quar.)
Light
Co.
iquar.)
,
6-
G-ll
5-?8
6-11
5+28
6-
3-16
55c;
1
-5-31
5-25
5-16
5-
10c
6-10
5-20
; 30c
6-10
5-31
$1.25
*
9
—
Insurance
.
6-10
5-31
90c
&-.10
6-
1
25c
(increased)
Corp.__
Accident
*
50c
(quar.)
Corp.
- -
$3.
—
Electric
6-15
GOc "
$1
Products
&
7-
5-20
...
clears
<s-a 1
Life
6-25
6-
(quar.U
&
5
6-10
35c
(quar.)
6-15
6-
1
6-
5-20
Co.
(Tenn.)
Nesbett
(quar.)
Fund,
12tic
Inc.
'quar.)———
.*,"
pfd. iquar.).
(quar.)
Niagara Lower Arch Bridge Co., Ltd. (quar.)
No-Sag Spring
Co. .iquar.L
—;
Newberry
—
Power & Light, 4%
(J.
j.)
Company
.
(quar.)-'
(quar.)—
5%
New Jeisey
*
A
5-20
6-
>
10c
B
6-
6-15
4
75c
:
6-15
quar.)
Food
6-10
25c
7-31
25c
—
t
Lines
Corp.,
Power
6-
.
5-26
(quar.)
payment
Mills
6-
$1.31 V4
6-10
933Ac
Nashua Gummed.& Coated Paper Co
National Container Corp.
(Del.)
(reduced).
National Disccunt
Coin., common iquar.)
6-15
.
5-19
5-19
$1.25
5Vi%
pfd.
Mining & Mfg.
$4 preferred
6-10
(quar.)
preferred
Delaware
Minnesota
20c
.
1
1
75c
Corp.—
prefeired
5-26
6-27
66-
J—
iquar.)
(this
30c
common-
Corn
Dempster Mill Mfg.
Oil
pfd.
$1
62 Vac
preferred
Dentists Supply
Midland
40c
6-
5-16
725c
—
Metropolitan Edison. 3.90% preferred
4.35% preferred (quav.)
5-25
50c
1
t37Vic
(quar.).-.
preferred
6-15
"41
6-
—
preferred
$2
1
$25c
(quar.)——
7%
Sons,
Corp..
Thermit
&
7%
15c
(quar.)
8%%
Inc.
Metal
6-
Paper Co
Corp.,
334%
Walt,
5-11
5-31
5-20
5-18
Paiticipating
5-25
s-a_-
Companies, Inc.Darling (L. A.)
Co.
Dayton Power & Light,
1
6-15
•
1
1
(quar.)
preferred
Company
partic.
6-15
<quar.)_
(quar.)„
Products
Oil
Textile
6-15
_
Copperweld Steel, common
5% preferred (quar.)
Cornell
6-
15c
66-
iquar. 1
C.)
Maytag Company
50c
(Chicago) (quar.)
(Chicago) (quar.)_
(Del.)
(R.
$3.25
5-27
31'Ac
$1.25
preferred
5-27
6-20
6-10
8
37V2c
iquar.)
1
5-20
5-14
—
Mfg. & Sales Co.
Lyons Finance Service, lac.,
37%c
Inc.
6;
6- 6
6-30
6-20
5-28
common
Transit
i]Vi.)
preferred
Mahon
*
6-
6-30
Ludlow
Metal
5
6-20
50c
Y.)
Master Electric Co.
$1.25
Co.
Community Public Service Co
Water
Angeles
9
12%c
6-16
25c
iquar.-)
(qua-.)
9
50c,.
Life Insurance
Consolidated
preferred
6-10
6-30
5-27
7-1
5-
3c
(quar.)
Co.,
5-
$1.25
—_—
(quar.)
Gas
Stores,
Convertible
'\
6-20
G-ll
—
(quar.)
5-
RR.—
(quar.)
Consolidated
Co.
Water
7t
5-27
1
62Vic
common—
common
common
preferred
Salt
5-23
$1.50
Co. of Chattanooga—
preferred (quar.)—
Congoleum-Nairn,
1
(i-
50c
Ltd.,
Co.
2nd
Company,
5-23
$1.12%
—
Quarterly
De
1
Watev
5%
Commonwealth
convertible
&
4'/4%
5-31
5-19
5-12
(quar.)
75c
75c
series A
Co.
7-
1
Company
preferred
75c
!
(quar.)
Service
5-16
■
5-19
1
12V2C
$7Vic
Preferred
issue
1st
preferred
Chiksan
1
6-10
58%c
jChicago Medical Arts Building Corp
Common
25c
iquar.)
semi-annual
Lowensteir.
Cc.—
preferred 2nd issue (s-a).i
(Central Illinois Light Co., 4Va% pfd. (quar.)
Rock
6-
$1.06'A
—
5%
Chicago,
5-25
(quar.)
Railroad
preferred
5-16
9
1
6-
6-10
Dufault Mines, Ltd.
(interimi
Supeiior District Power, com. (quar.)-
7%
Los
(quar.),
Cascades Plywood Corp., common (quar.)
Catawlssa
1
6-
—
25c
$2.50
5-14
6-
25c
50c
preferred
Bakery,
Inc.,
6-
5-26
iquar.)—
Lincoln
+2c
1
6-15
1
(quar.)
&
(N.
,
4
G-
5-31
iquar.)-—!
Johnson
Liberty Fabrics
1
(quar.
B
&
Restaurant
5-27
6-
5-
6-15
6-15
25c ;
;
4c
Supply
6-10
t$1.25
Mines,
pfd.
4'A%
Co.,
Water
Lexington
125c
5-16
34%c
'
Leslie
Ltd
Co.,
75c
1
$1.12Vi
Co.,
4-30
Investment Trust—
5-26
—
preferred
5%
5-27
6*30
shares
5-20
6-10
5-25
6-
87'/2C
A
tquar.)___
Leath
6-10.
6-15
$1
A
5%
-
7-1
6-10
(quar.)
iquar.I —i—
35c
(p.ccum.)
Malartic
Group
Service
5-10
10c
6-10
common—,
Color,
1
Angeles)
(Los
Co.
5-20
7-1
31c
pfd.
partic.
5-21
Extra
6-15
6-10
iquar.)_
iquar.)
&
6-10
6-
5-20
6-30
6
25c
Company
prefeired
Reduced
5-24
$1.10
—
.6-15
6-
J10c
(quar.
25c
(quar.)
(quar.)
$1.12,/2
'■
piefcrred
Lake
7-15
2
5-20
Inc
$1.50
pfd.
common
(qua:*.)—
Brunswig Drug
7-29
6-
5-20
6-15
—
preferred
$5
t v-7.' Lake
50c
—
6-15
Co.—
King-Seeley Corp., 5% cotiv. pfd.
Kuppenhciiner (B.) & Co., Inc.—
5-23
6-
1
Jl.OG'A !
$5
5-16
1
40c
Trust
Brooklyn Boro Gas,
6%
6-
7-
SOc
—
5%
common
Public
Jamaica
v
5-20
6-15
6-17
75c "
(quar.)__
Fund.
Insurance
Iowa
6-11
6-
1
iquar.) 'j-
Rayon Corp. iqua)*.)
Iilstitutiona! Shares, Ltd. —
Kents
$1.25
common
Industrial
Johnson
$1.50
5-23
7-
$1.25
(quar.)
convertible
5-20
(quar.)
Estate
$1.50
5-20
_
6-21
$1
iquar.)
(p.ccum.)
Gas,
Imperial Varnish
5-14
—
Real
Brown
iquar.)
Co.,
Utilities
B
&
Sound
1
.•—
pfd.
5-20.
preferred
Pulp & Paper, 5% pfd. A (cuar.)
Hydraulic Press Mfg.. 6% pfd. (quar.)
Imperial Oil, Ltd. (s-a)_____2
_..v——
1
15c
tqua!\)_
1
Hudson
1
$1
preferred
Co.,
6-
$1
0,1
Plan
6-
.
5-11
6-
(quar.)
preferred
6-
1
1
$1.10
$5 preferred
pieferxcd
Howe
1
6-25
5-11
6-
—...
&
preferred
8c
(quar.)— a
5%
1st
12 '/2c
6-
non-cum.
(quar.)
4Vi%' preferred
5+27
$1.12 Vz
5-20
6-1
iquar.)
Ltd
Electric
40c
(quav.)
:■*__»
Ami, class A
Boston
6-
6-20
—
(quar.)—_—
Birmingham Water Works, 6%
Bon
6-15
40c
"5-13
6-15
$1
preferred
3.75"r
—
Co.
Co.,
Utilities
Howe
5-20
(quar.)
common
Mills
Gossett
Son,
a
6-15
10c
__
;
preferred
Hoover
5-20
1
5-13
:
Hollingsworth & Whitney,
5-25
1
6-15
common-
(quar.)
5"f
Lines
(monthly)
Corporation,
Paper
6
$2.50
(quar.)
prior preferred
Badger
Bird
Gear
Mills
D.
666-
6-10
Corp
Hiawatha
1
25c
1
2
112tic
(quar.)
iquar.)
Co.,
Heyden Chemical Corp., common
3%% preferred A iquar.)
Heywood-Wakelielo Co., common
1
6+
30c
(s-ai
Corporation
6-
6-10
$1.12 Vz
.
common
(quar.)
West
6-15
Paper
Hewitt-Robbins
5-23
.
Tea
Corp.
Hendry (C. J.) Co., 5V*%
.5+20
1
30c
(quar.)——
Co.,
preferred
1
6-
25c
—
Spring Corp.
6-
25c
Equipment, 4V2% preferred (quar.)
Artlocm Carpet Co., Inc. (quar.)—
T
6-
7-
50c
Indemnity (N. Y.)
&
preferred
6%
6-20
6-
$1.75
A
Hazeltinc
5
7-
1
6-20
(quar.)—$1.12^2
Hammond Instrument Co.
(quar.)-—
25c
Harshaw Chemical Co.
(quav.)——
40c
5-20
1
7-
6-20
J5c
(interim J
(quar.(____
4»2%
6-24
8
7-15
6-
56'Ac
Aro
Corp.
7-
25C
5-16
50c
preferred
4»/4%
3
5Qc
-
1
50c
Bridge Co., Ltd. iquar.u_——_
% 12'ic
Hamnqermill Paper Co., commonI—25c"
5-25
(bi-monthly)-—
5-10
6-
§3
—
Mines, Ltd.
preferred
$4
(quar.)
5-10
5-15
25c
(quar.)
iquar.)
$4.50
5-25
25C
i-
6-20
1
5-15
-
Hamilton
6-10
—
pfd.
$4.40
5+20
7-
6-17
7-
25c
31l/zC
iquar.)
5-24
7-1
-
i25c
States
1"
6-10
——
Atlanta
->
SOc
6-11
$1.25-
(quar.)_
'
5-20*
5
75c
B
Oil
5-19
6-
5-26
'
and
I,
1
$1.75
Mackay Stores, Ltd., class
Gulf
6+10
1
6-30
—
preferred
Creole
A summary of the assets
member banks follows:
6"
6-
$1.06'A
preferred
Corp.
Northern Ry.
6+10
6-
;
Curtis
$52,000,000 in the Chicago District.
5-27
G-10
'
75c
(quar.)_____
Northern
Holderl
1
7-
81'Ac
(quar.!—Canada, Ltd.—
of
Co.
Associated
7-
40c
(quar.)
common
(quar.)—,
preferred
Extra
De¬
and
When
25c
—_—__——
Mfg.,
preferred
$3.75
....
deposits credited to domestic banks increased in
all districts; the
principal increases were $99,000,000 each
in New York City and in the
Kansas City District.
Borrowings increased $314,000,000 in New York City
mand
4
6-17
common—
(p.ccum.i__
Manitou
Gulf
Payable of Rec.
$l.0G'A
(quar.)-——
Co
Aluminum Co. oi America, common
Class
Condition Sfafemenf of Member Banks
4
6-
——__—
Atlantic
Hart
37V2C ;
(quar.)—
common
preferred
Gas
4 Vu %
Shares
6-
6-15
.
(N. Y.)
preferred
$1
Guontanamo Sugar,
second table in
Share
of Company
Automotive
Wednesday,
6-15
65t2c
37V2c
(quar.)
5%
Harvester
Class
.
Inc.,
4'A%
Allied
Atlas
on
5-18
6-^1
75c
Great
Per
Name
5%
Transacted by R. L. Day &
Co., Boston
May 4:
1
Transportation—
A
Castings
piefeired
Gordon
paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
Atlantic Gulf &
:
6-> 1
220c.% ..6-22
(quar.)
Indemnity
Phoenix,
preferred
Golden
show the dividends previously announced, but
we
4Vn%
Auction Sales
3
5-27:
Corp.—
7%
follow with
we
Athey Products Corp
2,401
6-
6-
6-15
(quar.) .4—
Steel
$6
grouped in two separate tables.
are
week.
current
Aspinook
5,540
6-13
31V4C
tax
5%
-
In the
bring together all the dividends announced the
Dividends
American
53.2%
6-30
25c.
>20c
■
1—
(quar.)
Plywocd Corp.,
accounts,
Archer-Daniels-Miriland
accept¬
Corp.
Great
American
on
5-13
6+1
—
Baltimore-—
dividend
Industries,
$1.50
DIVIDENDS
479,993
R.
6-17
6-15
15c
Y.)
——_—
General
——:———
re¬
P.
correspondents
Commitments
+
+
46.449,025
combined
purchased
70^282
886,130
I
5-11
31c
General
Great
18,522
+
|
1
(quar.)—-
Extra
America!
accts.
certificate
Contingent liability
6,331
5", 188
I
5-U:
6-
(quar.)
preferred
Gleaner
Alumir.um
120,816
deposit and
liabilities
4*
+
1
27^543
accounts
Total liabilities &
cap.
Ratio
T-4 O
466 711
1
Ltd.—
Fircproofing Co.,
General
tEeginning June 30, 1948, individual loan items are reported gross,
I.e., before deduction of valuation reserves, instead of net as previously
reported. Year-ago figures have been adjusted to a gross basis.
3'A','o
Capital paid In
Surplus (Section 7)
'Surplus (Section 13b)
/t
6-
§1.50
(Syracuse, N.
Corp.
American
General
368
' 60
437
deposit accounts, except
and
Allis-Chalmers
Capital Accounts—
5-24
$1.75
—!
common
Mexican
prefeired
General
7%
oil
1,351
575
during week
182,454
3,994
6-15
(quar.)—-
$2.50
American
$4.25
V
8,298
895,693
219
6-10
7-
$2.50
Common
99,084
125,275
—
Inc.
preferred
Container
Havana
Total
5-31
5-31
2
20c
(quar.),—
_
America
General
which have not yet been
—
5-25:
6-15
-——-
Canada,
Gaylord
707
3o3
26
125
—
1,154
banks
interbank
which
''
23,329,961
Ltd.
•
Water Co.—
America at
General
184
—
5-20
Company—
8%
Less
1,477
15
of
of
1
6-15
B
Fresnillo
General
Borrowings
to demand
204
•
—
+
Co.
6-
6-15
———
convertible
Ciass A
1.481
1,264
119
396,083
4
174,701
notes
Treasurer
—
$1
J $5
+$5.50
J35c
——J,:-
Products
5-20
_
deposits adjusted
deposits, except Governments
U. S. Government deposits
Interbank demand deposits:
4" 902
Deposits:
Member
$1.25
1
40c
Co.
Enterprises,
Finance
980
+
—
■
(The)
Fibre
-a
259
11
+
Fair
Great American
+
Liabilities—
U.
+
—
Ltd.—,—
—4—
Electric.—:
Insurance
Federal
266,204
—
3,093
—
46,449,025
Reserve
086,469
218,549
32,448
assets
Federal
709,250
2,418,323
assets———
Total
—
101,484
112
231
2,377
Liabilities—
2,565,636
2,299,980
370
5-18
6-
*25c
Corp.
Semi-annual
54
+
-1,595,200
89,400
investments,
Chemicals,
District
Excelsior
,
+
;
—
2,062
Time
49
banks—
items,
premises
Other
Balances with domestic banks
-3,488,965
18,500
+
13,988
Foreign banks
174,600
—
20,129,915
securities—
and
Banks
Reserve
+
728
Domestic
232
426,750
—
8,581,290
Uncollected
Bank
—
—
361,600
+
vault
47,423
-
28
+
4.455,730
Notes
from
Federal
with
in
Debits
Certificates
Total
277,247
640
Total U. S. Govt,
4,j65
20,566
-
securities:
Bills
Due
1,157,423
3,693
—
19,838
—
9,966
—
202,760
+
securities
Reserve
Cash
1,177,261
+
34
+
266,090
and
10,000
—
23,122,609
+
+
25,717
—
1
46
2
312
9
38
6
+—
1,830
4,750
960
Demand
cash
Industrial
+
$
R.
603,178
gold ctf.
Discounts
U.
P.
.
Total
Other
for
1948
$
22,519,431
fund
May 12,
1949
$
Redemption
(—) since
May 4,
1949
Electrolux
6-20
5
6-10
25c
r
Foundries & Steel,
&
7-
$2
(quar.)
—
Empire
(s-a)
—
Ltd.
preferred (quar.)—
prelerred (quar.)
6%
)
146
—
3
+
33,263
,
Treasury notes
May 11,
Assets—
securities—total
U.S. bonds
Other
494
+
+
,
l
; +
3,861
loans
Treasury certificates of indebtedness
Increase (+) or de¬
421
4,077
*
Treasury bills
dollars)
168
30
—
309
—
banks
Government
8.
—
198
obligations
loans
estate
7%
.
J
Real
Loans to
+
550
obligations
Government
S.
common
Anglo
Plastic
Durez
RR.
50c
East St. Louis &. Interurban
.
purchasing or carrying:
for
&
Western
(quar.)
iquar.)
Extra
—323
186
—
Corp.,
preferred
Dominion
pur¬
securities
loans
U.
for
+
Government
S.
U.
897
South
Cc.
Distillers-Seagrams,
Dominion
carrying:
or
+
A
—
13,976
dealers
and
brokers
to
chasing
1491
1
~
4%
1,497
™1
—
Alkali
Dictaphone
+
320
3
+
agricultural
and
loans
Loans
1962
Other
•Announcement
61,635
24,007
Hillsdale &
Diamond
1948
1949
<in millions of dollars)
•
Investments—total
and
Loans
Detroit
May 5,
Apr. 27,
May 4,
1949
Westchester
Power
Public
6
Container
sinking
—
New
1
t2410
18c
e-
1
5-13
5-20
5-14
North
$2
American
convertible
North
Car,
common
iquar.)
__—
prefeired
(quar.)
Company—
stock dividend
1
5-27
.<
J50c
2ac
1
6-
7^
1
6-15
6-10
$1
5'16
7-
10c
50c,„
5-31
6-
% 50c;%
50c
4
7
5-20
6"10
5.-31
i
6-32
7-
American
Liquidating
One
share
common
of
Kansas
for each
four
Power
shares
.
.
&
Light
held
..
9-
a* 2
Volume 169
When
Per
-flame of Company
;
North
Pennsylvania
North
River
Northern
Insurance
Public
;
Co.—
Ontario
;
Insurance
97V2c
Co.
America
of
Ltd.—
Co.,
Per. ..Co.
Consolidated
Interim
Paton
5-16
6-24
6-15
J25c
7-
2
6-20
i;25c
10-
2
9-20
7-
1
Kid
Allied
1
6-10
Brewing Co.
Aluminum
14%
Petroleum
50c
■
5-27
5-16
American
prefeired
Pittsburgh
_
5-17
American
6-15
5-31
6-15
5-31
New
7w
Co.
of
5-20
6-10
American
American
1
5-11
6-
1
5-20
5-18
5-28
5-18
American
6-15
6-7
$2.50
6-10
5-31
$3
5-28
3.60%
preferred
Prentice-Hall,
Public
-
American
6-1
5-20^
6-15
5-25
22),2c
(quar. i
Quebec
Manitcu
5-20
5-14
7-
1
6
6-
15C
New
of
Mines,
6-6
6-15
5-31
Packing
Reliance Manufacturing Co.
2
6-10
6-10
7-
■
35c
/
»
—*
5-20
37V2c
—-
7-1
5-10
6'n
prior
preference A
'R.
3.60%
(quar.i
Corp.
Antonio
Ltd.,
Transit
Co.
7-
1
1
6-10
$1.12 V2
7-
1
6-10
:?■
6-15
5-25
25c
5-31
5-20
-
75c
6-
1
5-11
12V2C
,
Loan
5-20
$1.50
_____
6-10
5-15
4-30
s-ai
$1
Shellar
Manufacturing Corp.
Shenargo Valley Water, 5% pfd.
Sheraton Corp. of America—
$1.23
convertible
Silknit.
Ltd.:
preferred
6-30
25c
6-14
$1.25.
iquar.i
3114c
(quar.)
5-27
1
5-20
6-
1
7-
6-17
Singer Mig. Co. (quar.)
._
City Gas & Electric Co.,
3.90'./
preferred (quar.)
Southeastern' Greyhound Lines
Union
Gas,
6-14
6-14
5-25
6-
1
6-
;lr
:
6/
1
5-25
preferred
common
______
(quar.)
1
Co.
(quar.)
_
Sparks-Withingtou Co.—
6%
convertible
preferred <aunr.)___
Speer Carbon Co._*
Sperti Foods, 5'/* conv. preferred (quar.)
Products,
Staley
(A.
E.i
Common
$3.75
-
Oil
M'ning Co.
Syracuse
Transit
Telluride Power,
Ten a
The
Stores,
&
quar.)__
(quar.i
(quar.)
Underwood
Ltd.
7';.
pfd.
1
6-15
6-
6-
5-11
1
7-2
6-10
5-27
Association
fs-a)__,.
$1.75
5-15
5-16
Corp.
75c
Theatre
5-31
5-14
5-31
5-14
5-25*
Circuit, Inc.—
preferred (quar.i
L_
Elastic Corp. (quar.i
Gypsum Co. (increased quar.i
'I 7<>
preferred tquor.i
$1.25
6-15
75c
6-
$4.20
2nd
preferred...
Vapor
Heating Corp
Virginia Dare, Ltd., o'/h
Virginian Ry. tquar.)__
West Ohio Gas Co.
pfd.
(cuar.l_______
Line
Coast
Refining
7-
1
6-15
6-
3
Atlas
/ 6-
1
Atlas
Condensing Co
Aur.or
Willson
Products,
Wilson
iJ.
C.I.
Inc.
iquar.)
Wright-Hcigreavca
1
5-25
Aveo
6-
1
5-25
Avon
7-
2
6-
1
Mines,
Youngstown Steel Door Co.
(quar.)
6-23
1
5-10
6-15
5-16
1
4-29
5-27
Baltimore
give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
dends
we
5-
9
93 %c
6-15
6-
1
5-16
5-
2
715c
7-
1
announced
this
preceding table.
week, these
)
beihg given in the
-j'-;
Per
S
-
Name ol Company
A.
B.
C.
A.
T.
F.,
Abstract
Share
Vending Corp. (quar.).
Inc.
& Mortgage Corp., class A___
—
Title
Acadia-Atlantic Sugar Refineries,
Class
t'
A
Ltd.
(quar.)
Ltd.,
Co.,
—
common——
_
Co.
of
America
Inc.
preferred
pref.
(quar.)_
1
5-10
6-15
5-21
6-15
5-21
25c
6-_l
5-16
5-
30c
$1.50
1
9
5-18
7-
8
7-
1
6-10
5-31
•
Steel
Stock
Acme
Corp.—
Adams
1
J.
5-16
1
6-14
10-
1
9-
5-16
4-27
25c
5-16
5-
4
Co.
(quar.)
Mfg.
2
A
Barnsdall
Class
6-10
7-
6-10
Beacon
5-20
Beaunit
6-
1
5-14
Beaver
6-13
5-23
100%
Surpass Shoe Stores, Ltd
Radio Corp. (increased quar.)
5-23
Beck
5-14
5-
6-30
6-15
25c
6-15
5-28
$1.25
8c
4
Canton & Youngstown RR. Co.—
preferred (s-aI
l
Albany & Vermont RR. (s-a)
_____
(quar.)_J,
5-
4
5-25
5-31
6-15
5-31
6-
1
1
preferred
Canadian
Dredge
Co., class A
preferred
(quar,):
preferred
5-
4
6-25
Belding Heminway Co.
4-29
Bell
k_
Corp., $6 preferred
9-15
Benson &
Hedges, $2
$1.25
5-16
4-30
Berkshire
Fine
conv.
7-
2
6-10
7-
A
Ice
pref. tquar.)
Spinning Associates
—
(quar.i_
(quar.)—_
A.¬
Products,
Co.,
Ltd.
Ltd.,
(quar.)
(quar.)
—
Shaies,
1
5-31
5-23
5-
2
5-23
5-
2
t70c
7-
2
6-
1
$30c
7- 2
6-
1
8-
2
7-
6
11-
2
10-
6
2-2-50
1- "
t25c
6-
5-13
7-
1
1
5-31
7-
1
5-31
7-
1
5-31
7-
1
6-15
6-
6
6-
6
150c
5-
5
5-
5
$17 AC
7-30
6-30
7-15
6-15
Ltd.
(quar.)
(s-a)
Mfg.
preferred
preferred
6-
5-20
1
5-20
$$1.25
5-16
4-29
7-15
6-15
5-16
4-40
6-
1
5-12
5-15
37 Ac
6-
1
37 »/2c
(quar.)_
9-
1
8-15
11-15
37 Ac
12-
1
$1.06%
6-
1
25c
6-
1
5-13
40c
7-
1
6-11
$1.75
7-
1
6-11
5-16
Ltd.—
(s-a)
$75c
—
!
(quar.)
Light & Power Co.,
preferred
(quar.)—
Foundry Co., common
preferred (quar.)
Central Illinois Public Service
(quar.)
5-
17'/2C
com
27 V2c
20c
(irreg.)
6-
1
6-
1
5-16.
-
5
5-14
5-
6
5-
6
5-
2
1
5-16
30c
5-31
5-16
$1
6-30
6-18
—
Co.,
5-31
5
5-
5-31
5-31
75c
—
$1.10
Central
preferred
1
$37c
pfd.
s-a)
Caterpillar Tractor Co.
Central Arizona
4-30
4-20
6-
Co.—
(quar.)—.
5-31
Products,
(increased
5-16
5-14
$10c
(quar.)_—
5-31
4%
5-13
5-16
7-
30c
Lumber,
pfd.
2
5-18
4-30
$30c
2
7-12
•
1
1
$20c
7-
1
1
6-
6-
$$1.50
7-
1
6-
Ltd.—
A
Oil
751.75
6-
6-15
t$1.75
common
(quar.)
Insurance
class
Ltd.,
7S1.50
8-
4-30
4-30
150c
;
—
Food
35c
4-30
5-14
5-16
t20c
Industries,
conv.
Common
50C
5-14
62 Ac
Co., Ltd.—
—
Catelli
5%
62 Ac
Ltd.—
Industrial Alcohol
Carman &
7-15
5-10
1
t25c
Capwell, Sullivan & Furth 6%
6%
preferred (quar.)
6%
preferred (quar.)
7-30
6-
5-10
t$1.12%
5-17
2
15c
J18%c
common
(quar.)___
Extra
5-14
5-25
Ltd.—
Cos., Ltd. (quar.)—
Canadian'Tire Corp,, Ltd. (quar.)
5-14
5-10
6-15
Ltd.—
5-16
5-
5-20
$30c
Canadian
1
5-20
t50c
,
Co.,
Machine Co.,
preferred
6-1
5-10
5-20
31 %c
37 Ac
$1.12 A
(quar.)
6-10
$3,
(s-a)
pfd.
B
6-
4-30
5-28
1
5-14
6-30
5-20
5-16
Ltd.—
2
$1.06%
7-30
6-14
50c
5-20
(quar.)
A
5%
4
6-15
(quar.)
Common
5-
5-14
8-15
*25c
Food
Canadian
1
6-15
9-15
J25C
preferred
Class
6-
7
4-30
common
Canadian
Canadian
5-18
5-26
(quar.)
Fairbanks-Morse
A
5-31
7
2
6-20
Common
Canadian
5-
6-16
Common
class
6-10
5-16
6-
30c
12'/2C
—
Ltd.
Canadian
4'/2%
20c
50c
*6-1
$1.13%
7
710-
132 Ac
Company, 4»/4% preferred (quar.)
Carrier Corporation
Case (J. I.)
Co., common (quar.)
7%
preferred (quar.)
30C
(quar.)
(quar.)
(quar.)——
10-. 1
5-16
35c
:
Co.;-common
$2.50
5-10
25c
(quar.)
(quar.)—,_■
preferred
1
10-
7-28
10-28
Co-
pfd.
Common
5-
1
10-28
130c
J20c
Dock
&
1
6-
8
33 Ac
41/2%
Western
5-15
7-
J50c
Canadian
6-
6
7-28
(quar.)
,)
Ltd.—
Foundry
Forgings,
5-16
25c
5-
27 Ac
(quar.)
(quar.)_„
6-
$1.50
J
...
Ltd.,
737 '/a c
712'/aC
1
t25c
Cottons,
Capital Wire Cloth
(quar.)——_
...
(quar.)._
(quar.)
Foundry Co.,
Capital Estates
preferred
6
6-
t25c
&
5-16
i
6
5-
15c
______
(quar.)
5-16
Inc
5-
1
25c
com.
4.4%
Utilities, Ltd., 5%
4
1
6-
125c
-
Co.,
Canadian
Co., Ltd.—
6
6-
$1.12 %
(quar.)
A
5-14
;
5-
t20c
Car
$1.50
9
5-10
1
137 Ac
Canadian
4
6-
5-
3
6-
30c
...
(quar.)_
common
Breweries,
1
(quar.)
Howell
6-10
6-15
1
G-
37 Ac
Canadian
6-
Mills,
Beneficial
5-14
6-
c
m
6-
Shoe Corp., 4%% pfd. (quar.)_
Manufacturing Co. (quar.)
^
Holding Corticelli, Ltd., common
&
1
5-14
25c
30c
—
Lumber
4V!i%
6-
5-16
130c
Liquidating
7%
5-13
1
1S3.50
&
75 c
4-30
6-
5-14
5-16
5-25
130C
(quar.)
20c
—
(s-a)
1
6-30
1
725c
15c
common
(A. S.)
7%
$1
12-13
6-
5-26
6-
$1
(quar.)
(quar.)
& Cannon
Co.___——
Power & Paper
A
15c
1-2-50
2c
6
87 %c
(quar.)
Co., Ltd., 6'/4%
Co.
Oil
Body
5-16
Akron
5%
Co.,
Belden
fl5c
Aircraft
Seelig Mfg.
Mfg. Co., 6%
$1.40
6-15
25c
(quar.)__
5c
3
7U'/aC
Extra
2
6-15
J50c
8%C
(quar.)
—
Batavia
50c
——_______
Co.
7-
1
—
$1
tyd., $1 preferred (s-a)
Co.__^____
D.)
J25c
t$1.15
(quar.)
Show, common
preferred
Class
5-10
25c
—t$1.25
Aetna-Standard Engineering Co, common
I 5'b
preferred (quar. )___*
;
Agnew
7-
8%C
5-17
50c
Malting Co., Ltd
Class
8%c
Bathurst
—
:__j
dividend
Wire
20c
A
Class
1
125c
Canada Safeway Ltd.,
Canada Vinegars, Ltd
$1
5-17
6-
3 7'/a
;
Power
Foundries
Class
5-16
0-24
(quar.)
&
Wyant
Class
6-
7
87 %c
87V2c
Service,
preferred
Common
t5c
5-
6-
Concen¬
(quar.)
Cement
5-20
710c
5-20
5-16
15c
Storage & Distributing Co.—
Canada
5-18
(quar.)—
Barlow
5.3%
Campbell
6-15
712 %c
6-15
1
130c
Packing,
6-13
25c
___2—____
(quar.)———
Shippers Insurance Co. (quar.)—
(W. H.) Company (quar.)
Barber-Ellis, Ltd. (quar.)
Ltd.—
(quar.)
(quar.)______.
Acme Glove Works
Acme
Payable of Rec.
&
preferied
Water
$1
5-16
1
6-
25c
Mining
--
Co.
preferred
5-11
5-31
6-20
1
45c
(quar.)
California
5-18
5-26
6-
7-
20c
preferred
Electric
1
preferred
Extra
i_
Company
Cold
prior
Canadian
Steel
M.)
6-13
6-10
6-15
6-15
$1.25
...
(quar.)_
$1.50 partic. preferred (quar.H.
California Cotton Mills Co. (quar.)
6%
7-15
20c
1.
.6-16
25c
$1.25
common
Canada North West Land Co.,
50b
Barber
Holdere
.)
"(quar.)
Co
Canada
6-30
5-13
1
30c
5-13
56 %c
Bankers &
;
partic.
Participating
5%
When
com.
(participating)—.
(participating)
Jackson
Canadian
(quar.)
6-
5-16
5-13
preferred
6%
(A.
50c
—
5-18
5-16
1
6-
5-16
6-15
1
$1.50
9
1
^— 1
5-16
(quar.)
preferred (s-a)
$2
—
(Conn.)
6-
6-15
(quar.)
pref.
Common
:v
$1.50
$7%c
6-
5-13
5-
7-30
6-
5-17
1
6-15
6-
6-15
2
6-
90c
40c
10%
2
6-
6-30
130c
$1.50
Ltd.—
6-
8
1
;
(quar.)
California
5-10
8
78-
30c
—
(quar.)
5%
7-
115c
(quar.)
$1.75
___________
——
Radio
(accum.)
Burroughs Adding Machine Co. (quar.)
Burton-Dixie Corp. (quar.)
Butler Brothers, 4'/2%
preferred (quar.)
Butterfly Hosiery Co. Ltd., com. (quar.)
1
,
lOd
(s-a)
)
(quar.)
2nd
A
5-18
Engine Co.—
Products,
preferred
7
7
:
B
6-15
6-
1
6-
6-
Manufacturing Co
J
Corp., common (quar.)
B
California
1
7-
2
2
(s-a)
Sullivan
pref.
California
6-15
7-15
7-
(quar.)
Class
$1.25
5-16
1
20c
Class
Byron
4-21
6-
25c
A
(The)
Canada
(quar.)——
(B.
Baltimore
Class
Byers
4-29
4-21
7-
Mills
A
6-15
7%
1%
Below
Class
7%
1
5-20
5-20
Co., Ltd.—
9-15
50c
Porcelain
&
1
7%
•
Burns
6-
160c
125c
■_
Co.
&
conv.
1
6-
4-30
4-30
Ltd.—
preferred
class
preferred
10-
25c
(quar.)
T.), Inc. (quar.)
Building, Inc, (quar.)
7-
Co.,
(quar.)
preferred
$1.25
c
5-14
-+0.234375
Products, Ltd.
(quar.)
7-
6-
Balfour
4%
7
93 %c
.)
(quar.)
com.
Machine
(F.)
3V2%
4-29
1
Ayshire Collieries Corp.
1
6-23
6-30
b-27
Babbitt
6-
6-30
20c
5-31
6-15
1
6-
15c
5-31
25c
6-
4-22
(quar.)_—_—_—
6-15
2
8
1
(irreg.)
6-10
73V2c
7-
6-
Allied
20c
Lcc._
5-10
Manufacturing Corp.
715c
Ltd.
1
6-
6-
(quar.)
Service
Canteen
6-
725c
___•
1-21
6-
(quar.)
RR.( common
Mines,
&
Burlington
3V'2%
6-
25c
Line
Hill
Burkart
1
2
6-20
40c
Forge CompanyFund, Ltd
Bunker
5-21
715c
(quar.)
Automatic
6-
75c
(quar.)
(quar.)
1-31-50
62'/2
(quar.)_
6-16
Buffalo
10-22
l$1.12%
Co.__
A
25c
Ltd.
Gold
Die
Bullock
7-22
1
—
■
Co.
Co.
Corp.
Electric
Class
25c
Extra
Wilsil.
Powder
Auto
5
1
1
1
—
(quar.)
common
preferred
Tack
5-19
6-10
68-
11-
Oil
preferred
Buell
65-
130c
1
(quar.)
Pipe
$1.25
Imperial Diesel
A
$5
6-14
$3
—________
Lines
Atlantic
6-
7-1
75c
(quar.)—
pfd.
(quar.)—
Coast
Atlantic
6-24
6-14
2
; ;
Co.
preferred
1
6-20
1
20c
Dry Goods,
1st
5-17
17'/2c
7-
$1
6-15
1
5-
t$l
Ltd.-
——
partic.
(quar.)___
1
6-
5-16
(J. H.) Hardware, Ltd.—
A
7-
62 Vac
(quar.i
V/liitin Machine Works
Co.,
$6
5-13
6-15
5-16
5-14
.
common
Company
Company
Budd
5-10
715c
iqunr.)_
—_——
&
6-10
731'/4c
1
$1.50
class A
Buda
5-25
6-
30c
(quar.)
registered (final)—_—;—
Atchison Topeka & Santa Fe Ry. (quar.)
6-10
6
$1.50
(s-a)
Ordinary
50c
:
5-
$1.50
2nd preferred (quar.)_
Associated Electrical Industries,
6-30
5-31
6-15
$2.25
7%
50c
1
75c
(s-a)
Ltd
Co
Co.,
Creek
Buckeye
5-25
112%c
Common
Co.,
Hoffman
Series
Corp.,
7-
25C
$3
Corp
Cork
Associated
Atlas
5
20c
Inc
(quar.)
$1.75
;
5-20
75c
$1
6%
1
6-
60c
(quar.)
$1
:•
75C
40c
Class
3
50c
5-20
:
Brunswick-Balke-Collender Co.,
$5
preferred
(quar.)
Buck
4-29
17 %c
B
trating
common—________
Arnold
4-29
6-
1
Development
Atlantic
S.
Stores
,6-10
750c
750c
class A.._-__
6-24
preferred (quar.)—1
3.75% preferred (quar._______
5-31
5-26
5-16
6
4%
6-15
25c
Ltd.,
Co.,
$5 preferred
Armstrong
6-10
7
Inc.
Co., , '
$5 preferred (quar.)
Steel
6-20
5-
preferred
6%
Edison
Ashdown
725c
Corp.,
Farms
Armco
1
5-28
.
Corp., Ltd., common
4V2%
convertible preferred
1
Corp.___
59'
Western
1
30c
Artists
United
5-20
6-
$1.75
(quar.)
United
U.
■
5-16
3c
(s-af
B
United.
5-27
G-30
0-
1
6-
.
5-11
5-25
Ltd.
Extra
Mills
Argo Oil Corp.
5-27 '
Forging
Steel
RR.
Co.,
(quar.)
preferred (s-a)
5-13
15c
(quar.i
Amusement
Class
Cotton
6-
25c
6-
6-15
6-15
1
lOd
Mills, Ltd.,
Class
1
6-
75c
(final)
Forest
preferred
Bruck
1
6-
$3
(final)
Shoe
$3.60
.
5-18
6-
$2
)
(quar.)
1
25c
Common
5-31
6-
7
(quar.)___
Anglo-Newfoundland
5-25
6-10
6-15
Brown
4
5-
common
Products
Post
Anheuser-Busch,
"r
4-
5-13
(quar.)
Works
preferred
Arden
50c
5-14
15c
(quar.)
Co., Ltd.,
(quar.)
registered
Rubber
5-19
5-
5-16
1S1.50
common
Company,
*
com.—
1
1
5-15
6-15
68 %c
Vancouver,
Tobacco
Brown
5-21
8-22
5-
Co.,
(quar.)
preferred (quar.)
Anglo-Canadian Telephone,
5-23
1
1
6-15
5-31
Refining
&
1
1
75c
(quar.)—
Columbia
5-20
5-
(s-a)___
com.
Oil
Brown
5-31
1
5-20
1
25c
Brooklyn Union Gas Co.—
5-21
$0.61826
Company,
5-25
3
6-10
6-
25c
$4.50
5-21
75c
__v_—
Inc.
United
Amoskeag
6-15
6-
6-15
preferred—
$3
Foundries
Water
6-1
36'/tC
1
5-28
1
(The)'
Williams
Troy & Greenbush
Uarco.
iDetroitf_
(increased
Haute Water Works,
Transue
Co.
Corp.__j.__;
*
6 % • 2nd preferred
Fyir—See, Fair
Thrift
Steel
American
Arizona
7-
5-16
6-
6-10
6-15
30c
6-15
6-20
1
25c
1
94c
7-
12»/ac
Argus
__
Insurance
(Ky.i
Co.,
American Tobacco Co.
40C.
(quar.)
c
British
5-20
1
6-
1
of
prelerred
Ordinary
Ordinary
5-16
1
6-
t$l
American
3% 7o
6-15
(quar.)_
6-
6
1
f
Sanitary
(quar.)
Service
American
6%
6-
7-
$1.25
(quar.)_
Y.)
Corp.
Co.
Participating
American Smelting
8
5-13*
66-
6-
;
;
preferred
British
5-31*
1
Rubber,
(s-a)
Bristol-Myers Co.,
5-10
1
6-
(quar.)—
(N.
Razor
G-15
6-
6-
6-10
5-13
5-15
.«
3%%
5-13
1
6-12
Extra
5-10
37'/a c
6%
6-15
1
$1.75
6-1.
i
6-
2
1
16c
&
Distillers
5-
66-
25c
Traction, Light & Power Co.,
&
5-16
60c
America
of
B
Brewers
6-20
$1.06%
Semi-annual
5-10
6-
•
American
Class
3
1
$1
Extra
17M»c
12 !2c
-ic-ai
Storkiine Furniture Corp.
Sunshine
Seating
40c
Inc.
Co.
Safety
6-
7-1
30c
7% preferred (quar.)
American Re-Insurance Co.
American
6
6-
9-
*
6-15
$1.50
6-15
preferred
1
6-23
(quar.)
Hose
7-
30c
(quar.)
com.
Inc., $2.75 pref. (quar.)—
Bower Roller
Bearing Co.
Bowes Co., Ltd., class A
(quar.),.
5-11
20c
A
Stavdaut
&
17 !'2C
5-14
5-
25c
common
6%
20c
5-14
25c
•
Co._
Radiator
Corp.,
6%
5-10
$1
pfd.
Anchor
Manufacturing Co.—
Accident
Standard
Pulley
American
Arcade
(quar.i
prefer) ed
Standard
American
5%
Lines,
$1.25
(quar.)
5•>( preferred, (quar.)
Southwestern States- Telephone
Sports
President
5-16
;
1
37'/a c
5-17
,
6-
Woven
3
6-20
30c
Bourjois,
5-10
31'Ac
(quar.)—
A
5-16
30c
1
si. 12%
class
1
97
■
4%%
Chemical,
6- 1
50c
>
(quar,)
5-31
6-
$1.12 V2
preferred (s-a)
A.mpco Metal. 6% conv preferred,
(quar.)
com.
6-15
28'/a
common--
$1,061/4
Sioux
Southern
6-15
$1.50
______________
.
6-15
t40c
.
't 15c
$1.50
Extra
Ltd.,
preferred series
American
6-15
5-20
31 '4 c
(quar.)
&
American
Association,
1
Fund
Boston
6-
1
$1.35
Company (interim quar.)
Boston
1
7-
$1.05
(quar.)
Investment Trust
Borden
British-American
Class B
$4
6-
10c
—
Potash
3
37 >/2c
preferred
American
6-
75c
preferied (quar.)
Meter Co.,
Inc
American News Co.
(bi-monthly)
6-10
7-
__
(qufi).i
Remedial
increased
i
6-10
50c
(quar.)
Oil
Steel Products, Inc.- (quar.)
St.-Joseph Lead Co. (irreg.)
St. Joseph Water, 6% -preferred (qvur.)
San^ Francisco
2
90c
Saf way
Sail
7-
$1.50
iquar.i
preferred
Richfieid
6-10
6-15
Bond
Illinois—
4V2%
Tobacco—•
r.)
preferred
4.60%
iquar.i__;
2
25c
Reynold;
7-
3
62 V2c
American
25c
J-
4V2 %
6-
75c
preference A (quar.)_-__——
4'/2% preference
(quar.)
5%
preference (quar.)___
American Machine & Foundry Co
6-15
5-25
>'■'
30c
5-
4-21*
6-15
50c
preferred (quar.)
(quar.)
Co.,
preferred
9
7-
60c
(quar,)—
com.
(quar.)
preferred
(quar.)
Sivalls & Bryson, Inc.,
Brazilian
6% pfd. (quar.)_
(monthly)
Leather,
5
5-20
5-16
$1.18%
Products
Metal
5-16
—•
quar.)
Light,
5-
6-20
$1.50
■
_
-
(Phila.), common (quar.)_.
$3
preferred
(quar.)
Blaw-Knox Company (quar.)
Blumenthat (Sidney) & Co. (quar.)
5-14
50c
&
1
15c
'
6-
50c
Blauner's
5-31
5C
(quar.)
Power
(quar.)—
!
6-20
4-25
50c
_
common
1
$1.75
:
1
7-
5-16
OOC
j
7-
50c
-
4.25%
5-15
1
6-
50c
-
(initial).
(quar.)
4-30
50c
-
preferred
5.40 %
Black,
75c
conv.
American
(111.) —
3A''
preferred
iquar.)
Republic Insurance Co. (Texas) iquar.)
Republic Steel Corp., common iquar.)
$4.20
5-20
62'/2c
Co.—
Investment Co. of
Common
$1.25
1
preferred
Black Hills
5-16
1
6-
6%
5-17
6-10
6-
5-31
30c
common
(quar.)
&
Home
5-19
1
i 2c
Ltd.
Rath
6-1
7-
45c
__
Hide
American
(quar.)
Ltd.
Bigelow-Sanford Carpet,
12'/2c
—
•J
i
:
Bickle-Seagrave,
4-30
5-16
Co.—
-
4
$1.25
common—
Cement
5-16
15c
&
&
Extra
Holdert
Payable of Rec.
t25c
(quar.)
Limestone
Company (quar.)
Betheleheiq Steel Corp., common.,
,*'•< 7%
preferred
(quar.)
Bibb Manufacturing Co.
(quar.)_.
9
5-
1
5c
(quar.)
preferred
Amerian
5-
6-
40c
(quar.)
Co., Inc.
Electric
&
preferred
6-6
•T$2
pfd. is-ai
Hampshire^*----'
Co.,
American General Corp., $2
$3 preferred (quar.)
American
45c
—
1
1
6-30
6- 4
(quar.)
B
When
51
Ltd.—
(irreg.)
preferred (quar.)
4%
Best
5-12
75c
Co.,
(increased
> Common
$2.50
6-
6-
35C
—A
1
25c
(quar.)
Furniture
Gas
<
6-
$1.25
preferred (quar.)—
preferred
American
Inc.
Service Co.
&
5-31
$2
iquar.)
Hoe
conv.
4l*A%
Pricjt Brothets & Co., Ltd., 4%
Fork
conv.
5-27
Urreg. I
Co.
&
$1.25
••
40C
:
Socket Co.
Forging
6-15
6-
6-15
—
(quar.)
8
6-10
50c
4/
$1.25
(reduced)
Cable
&
6-30
25c
Co.
Shares
Co.
87V2C
-
~
Can
Chain
American
$1.75
Power
5-14
87»/aC
—
convertible preferred
5%
25c
—__
America iquar.).-
Electric
4-30
6-10
12 %c
(initial quar.)
Business
1
6-21
6-
preferred
Potomac
5-14
;r' 750C
—
Board
Box
American
6-
$1.75
quarterly
preferred
5%
40c
1
Bosch Corp.—
American
50c
Pittsburgh, Youngstown & Ashtabula Ry.—
Potash
5-12
30C
Co.
8
$1.12V2
(quar.U-.—_——•<-_
RR.
1
37 %c
(quar.)_
6-
.
____
Erie
6-
70c
preferred
$3.50
5-20
20C
(quar.) _L_
Lake
&
6-20
725C
1
Pittsburgh Coke & Chemical Co.—
$5
7-20
A
Share
& Sons,
Common
9
7-
$1
:
—-—
6-
30c
(quar.i
Co.)
Arch
5-
Class
Canada, Ltd.—
(irreg.)____
Amer. Automobile Ins. Co.
(St. Louis)
■
&
preferred
Bessemer
11
—--—
J20c
i quar.i
Company—.
(Charles
3 A
Class
5-10
75c
(quar.)
Corp. (s-a)__—
Airlines,
Increased
Extra
Pfizer
5-10
'
J5c
(quar.i
6-
5-25
5-14
1
(John)
5-25
25c
62 '/2C
com.
Name of Company
6-15
37 %o
—
(quar.)
(quar.)
of
Holding
Amerex
American
(quar.)
Exploration
Co.
preferred
30c
Metals
Inc.
Ltd.
Aluminium,
7
_
iThei
(quar.)—r_——
,
6-
-
Per
Payable of Reo.
25c
—
Corp., common (quar.)__——
4% preferred (quar.)—
________—.
Alloy Cast Steel Co.
(quar.) —
Alpha Portland Cement (quar.)
——
6-15
__
Permanente
Co.
(2143)
Holdere
40c.
$1.12%
)—-
(s-a)
common
Stores
$2.50
Patterson-Sargent Co.
Pennsylvania Lxchange Bank iN. Y.) is-aiPennsylvania State Water,. $7 pfd. iquar.)
Perfex Corp.; 4'/2.%
preferred iquar.)
Permutit
Co.,
Laboratories,
Allied
6-10
7-
tl5c
t$1.25
When
Bertram
preferred (quar,)—
5%
Dredging, Ltd-—
:
Manufacturing Co.. Ltd.,
preferred
(quar.)
+
7'./
1
3
>
,
—
Go'd
j
t35c
Parker-Rust-Proof Co.
Pa to
6-
__j.
tquar.)_
-
(quar.)_-_—
preferred
Finance
Anes
Paeolei
Parker
6-15
—
Light. Heat & Power, Ltd.. commonpreferred (quar.i
Mfg. Co., 3 % preferred (s-ai
5'/<
1
56V4C
Ottawa
■
6-
7-
20c
Supply
Beauty
$4.50
5-20
1
6-20
;
Share
Name of Company
CHRONICLE
Allegheny-Lu^tum Steel Corp—
Allied
Participating convertible preferred (quar.).
Partic.palihg convertible preferred iquar.)
•
6-
28c
_
____
5-12
$1.25
...
Life
5-24
5-26
/■
_•
Quarterly-
6-10
'
5-18
Allied
3.90% .prefeired
j4_____+--n-_. j
Ohrbachs, Inc., S2.25 ..preferred A < quar.i—
-
5-25
50c
*
Old; Line
Payable of Ree
30c
iqucr.t
Per
(Wis.)—'
Co..
FINANCIAL
&
Holdert
$1
(o.har.)._-__-_-:-i-Vr--T^r,-^tI;
Service
Common
,
Co.
Power
preferred1
Ohio
Share
'.7
(quar.)
Oklahoma .Gas Co.^-—-
Northern. States
5%
*J';V
( -<•
Co.
RR.
COMMERCIAL
THE
Number 4803
$1.25
common.
6-
THE
(2144)
52
Name
>
of Company
Central
Central
National
Central New
Central
3.6%
Central
Central
&
Central
:
4.15%
Chain
West
Co
5-
2
1%
preferred
(quar.)
$1.75
7-
1
7%
preferred (quar.)
$1.75
9-30
9-16
iquar.j
40c
7-15
7-
1
Cuban
$1.25
7-
6-16
90c
6-
1
5-14
Culver
35c
6-30
6-20
Cuneo
—
20c
5-
5
5
5-14
5-
17c
5-16
1
6-
6-15
6-
5-13
Dahlstrom
6-13
Davis
$3.50
6-
1
5-23
6-
1
5-17
Deere
Class
—
Chickasha
6
Delaware
&
4-30
Dennison
Class
Common
5-20
7-15
(quar.)
Electric
&
Cincinnati
preferred (quar.)—
New
Orleans &
5% preferred (quar.)
5% preferred (quar.)
City Auto Stamping Co
4%
5%
5-16
4-15
5%
7-20
35c
6-
1
5-10
$1
6-
1
5-10
6-
1
5-15
Disher
9-
1
8-15
6-
1
5-23
Dixie
15c
5-15
5-27
Dr.
6-15
5-27
Corp.
4%
6-15
(stock
Dome
12-31
12-15
1
5-15
dividend)
—
Machine
Corp.
5-15
7-
I
special
50c
6-
1
7%
87 %c
(monthlyi
6-
1
20c
1—
(quar.)
Industries
6-
1
1
Clorox
Chemical
Co.
Aluminum
Club
Coca-Cola
Company,
$3; class
Coca-Cola
Class
A
common-
International
A
5-25
Donohue
Corp.,
6-15
$7.50
common
7-
1
6-15
Mines,
Douglas
Ltd..-
—
prior
prior
preferred
1
7-
1
«-
1
Bros.
1
6-15
Dover
3
5-16
&
11-15
11-10
Car
lc
6-15-
6-
6-
1
9-
1
75c
3-1-50
Fraser
37 %c
Companies,
4%%
1
4%
Ltd.
Co.,
Class
A
$1.20
"
preferred
$20c
(quar.)
Cockshutt
Plow
30c
5-14
(quar
20c
6-
1
5-
2
$20c
9-
1
8-
1
—
Quarterly
—
Colonial
4%
Stores,
Colorado
5%
6-
1
Co.,
Gair
(Robert)
5-20
1
5-20
6-
1
5-20
Dun
—
45c
6-
1
5-14
25c
6-
1
5-
9
5-
9
;
5-20
5-14
6%
preferred
(quar.)
30c
9-10
6-
5-20
6%
preferred
(quar.)
30c
12-20
12-
1
6-25
6-10
Gamewell Co.
25c
5-16
5-
6
7-
1
6-10
Year-end
75c
5-16
5-
6
$1.12%
5-15
5-
25c
6-20
6
3
e-
1
5-16
6-
1
5-16
(This
6-
1
5-20
5-
Gar
7-30
6-30
5-17
6-
General
Cigar
5-14
4-29
Common
preferred
6-
5-16
4%
1
Finance
5-18
7-
2
General
Manifold
7-
2
6-1
General
Mills,
6-
General
1
5-15
4-15
6-
1
5-
6-
$1.25
Ltd.____.
?15c
fincieasedi
1
4
Motors
General
5-14
7-
1
6%
7-15
7-
1
General
8IV4C
7-15
7-
1
General
6-
5-20
General
6-20
General
Class
Class
35c
5-16
5-
6
5%
50c
7-
1
25c
7-
30c
5-14
4-20
Carbon
Co.
(quar.)
Shearing
18 %c
:
5-16
$1.06 %
5-
2
Corp
(Del.)
Confederation
Connecticut
CO.
River
Power,
Consolidated
Coal
Consolidated
Edison
Co.
preferred
of
6-
1
9-
1
1
preferred
B
(accum.I
$1.50
8-
1
7-15
6%
preferred
B
(accum.)
$1.50
11-
1
10-14
•115c
6-
1
5-14
1
Consolidated
Eastern
Sugar Associates,
Utilities
Eaton
i,'i
40C
6-
1
5-16
Eddy
J $ 1.50
6-15
6-10
6-15
6-10
1
'5-16
Natural
Consolidated
Paper
$1
6-
1
5-14
'40c
6-15
5-13
25c
6-25
6-15
Mills,
Ltd.
(initial)
Power
$4.52
Corp.
preferred
'
4%
of
$3.75
-
preferred
6-
5-16
5-
2
5-31
4-29
5-20
5-
7-
7-
75c
Copper & Stc-el Industries—
preferred
(quar.)
5%
Continental
Cook
Gin
Co..
4%%
pfd.
Cooksville
Co.,
Ltd., class A
Stock
v
$3
prior
Copper
Coio,
|
(initial
5-
5-20
1
6-15
7-
31!4c
___
5
5-25*
1
6-15*
5-31
5-10
$1.13
7-
25c
6-
1
6-
1
5rl3
6-
Range
Inc.
Class
1
6-15
1
Electric
Co
B
Cosmos
,
New
&
Common
i
6%
Crown
$1
Crown
$2
Cork
Cork
Crown Cork &
Crown
$4
Corp.,
Seal
5-11
4-29
4-29
6-
5-12
6-1
*
1
5-12
Ely
5-14
6-
1
$1.50
•
6-10
7-
'
5c
___
6-
1
1
6-20
5-14
5-
3
Corp.—
Corp.,
25c-
7-1
25c
5-20
Empire
(quar.)
5-24*
5-16
4-15
+50c
________
40c
'
preferred
Crum
&
,-Forster, 8%
'
(quar.i,
7-
$1
6-10*
4
1
6-
$$2 1
(ouar.i.——
pfd.
(quar.)_
preferred
5-25
5-16
25c
5-30
5-14
6-15
5-26
4-29
Inc.,
preferred
convertible
2
5-25
5-14
6-25
6-15
5-15
1
5-20
5-20
6-10
5-20
6-30
6-13
5-14
5-14
37%c
66-
6-15
$1.25
6-15
—_
(quar.)—
(quar.)—
Co
;—
.'
$1
6-
5-16
5-16
5-16
-
lf
6-1.
1
6-
2
5-16
6-15
35c
(quar.)
2
5-
1
$1
5-
1
$1
(quar.)__
common
6-10
$2.50
(quar.)———
(qur.r.)
Co.
1
6-
5c
common
Rubber,
6-
$1
15c
iquar.)___
preferred
W.)
6-
37%c
(quar.i.
—
<H.
6-30
6-
Dry
6-
Class
80c
Credit,
(quar.)
Co.,
5-
6-
8
5-20
preferred
6-
5-12*
7-15
pfd.
(quar.)^
5-15
5-
2
50c
5-16
4-30
7-30
6-30
40c
1
75c
6-
1
10c
7-
1
$1.25
6-
1
$1.25
9-
1
12-
1
8-
1
(quar.)
$5
preferred
A
(quar.)__i.
preferred
A
V-
(quar.)
Ltd., 5%
pfd.
Fajardo
Sugar
(quar.)
(quar.)
Brewing Corp.,
N.
Common
4V2%
7-
1
common
10-
Federal
Ferro
SSrew
(quar.)
Co.
of
of
Firemen's
•
2
:
Co.
(Newark.
N.
5-
7
6-14
5-31
shares
8c
shares
Rubber
Equipment
Stock
J.)
•
.
5-31
preferred
.
Corp.,
(quar.)
$2
Simmons
Quarterly
&
_s
I"1
4
\
1 5-13
;r.5-i3
,,
5-31
5-31
7c
5-31
.5rl3
5-31
5-13
$1.25
—
5-31.
8c
shares
Gypsum
I
6-10
1
&
9-15
6-30
Hale
6-10
5-31
Hallnor
6-15
6-
1
Hamilton
3
Hamilton
6-
4-18
5-14
4-18
4%
A.)
Company,
$1.12%
SI
6-
'
1
Co.
Inc'.
Connell
(quar.)
•
5-13
Stores
M)nes,
Cotton
Watch
Co.,
Co.,
Oil
7-
1
6-
6-11
35c
6-
1
1
5-16
25c
6-
1
5-16
25c
6-
1
5-21
Stock
Ltd.__ll_
common
6-
1
V"5-14
1
5-16
6-
1
6-15
6-15
r
<*$1
50c
1
6-
,
5-10
6-
5-24
.
5-24■
,
'
5-16'
1
5-16
5-16
'
on
class A
dividend
and
payable
class
in
A
stock.
5-16
6-30
6-10
4%
"6-10
6-
25c
■
B—-
class
1
$1
L_.—'
1
'
'
Wholesale
(quar.)
Co.—
.
_j_——_i——
,
50c
6-
1
5*
—*r
5-11
,7-20
'$1.50
(17 %c
.
7-
6
E-10
6-
1
w
-
'"'..i
v-ttiw.,""
'
5-1
•
Refractories
Common (quar.)
6% preferred (quar.)
Harrison
5-10
1
50c
—_
6-
25c
J—
5-14-
1
6-.1
..
55c
—
5-16-
6-1
6-
'■ .J$7c
~ $22%c
(quar.)—
(quar.)
Harbison-Walker
'
Dredge & Dock Co.
1
6-1
6-
(quar.)—25c
—————-
1
Year-end
5-16
6-
?
85c
preferred (quar.i
(Calif.) class A (quar.)
Extra
3
2
8- 1
11-
75c
v"
J—
convertible
B
1
$1.06V4
Inc.
Ltd-,.
6-10
.5-
-
12-1
40c
(s-a)
(quar.)
Extra
5-14
SI.25
.
5-13
...
1
9-
$25c
common—/
(quar.)
Water
Brothers
Class
6-
$25c
preferred
8-11
■
preferred, (s-a)
; 5-13'
Ltd.
Canada,
^
Hackensack
8-16
5-16 r
of
$25c
(M.
$4.25
6-15
6-25
$5 preferred-
Alabastine
Quarterly
5-13
1
Lime
Quarterly
Quarterly
Hancock
i
'5-13
7c
Til
'
5-13
5c
shares
Gulf, Mobile & Ohio RR.,
—
5%
Fitz
V;
.5-31'
~
V4%%
5-13.
8c
'■
—
—
Tobacco
Utilities
,
Co.t-
shares
shares-..
:ps.
:
5-31
9c
3c
—
5-17
7-
25c
preferred (quar.)
Fishman'-(M. H.i Co.,
5-16
7c
—_—.
5-17
10-
$1.25
Carpet; Co., common.^reduced)
5-31
5-13
shares
5-16
7-
35c
Firth
6-30
5-31
1$1
(s-a)
5-13
$2
5-13
8c
Priced
shares
6-15
5-30»
25c
York
$1.75
5-31
Hajoca Corporation
;
&
5-13
10c
Company
1
(s-a)
(quar.)____
Semi-annual
Firestone' Tire
5-13
40c
Philadelphia
Insurance
5-13«-
5-31
6-15
$2.50
Canada
Corp
Association
5-13-
5-31
Hanna
(quar.)_j.
Works
5-31
5-31
—
Steel shares
,
(Syra¬
•
Enamel
5-13
,
9c
Railroad
7
$2.50
Corp.
5-13
5-31
5-31
5-10
6-
50c
Semi-annual
Federal-Mogul
shares
Railroad
8
1
(quar.)J 50.1856 V„
5-13
1
6-
Y.),
Insurance
5-31
10c
Petroleum
-
pfd.
quar.)__
(quar.)
Fire
5-13
9c
shares.^
Railroad Bond shares
5-13
6-
115c
Farmers & Traders Life Insurance Co.
■*
Bond
Merchandising
Mining shares
6-_3
11-
15C-:
'
Federal
5-31
5-13
10c
Low
5-10
50c
Co
(increased
5-13
Investing
6-20
50c
(quar.)
Extra
Common
Administered
General
6-20
125c
Co.
Falconbridge Nickel Mines, Ltd._
Falstaff
5-13
5-31
Industrial Machinery shares
Institutional Bond shares——!
.
&
5-31
*
A
5%
preferied
Fairbanks-Morse
5-31
12c
shares
Fully
11-15
125c
9-20
"
8-15
$1.25
1
6c
Food
:
preferred
Mills.
7-
V
Co.
$5
Esmond
1
$1
(s-a)
7-
10-
4-29
7c
Equipment shares
150c
6
5-16
7c
shares
37 %c
5-
5-16
10c
Electrical
2
9
5-13
9c
Chemical
5-
1
9c
—
5-13
5-15
9
5-
$30c
_'
1
20c
5-
5-27
•>"j "nr,
shares
6-
2
5-27
90c
shares
2
6-
56V4C
shares
shares
Building
5-
Johnson
t$l
Inc.—
5-20
5-
5-25.
25c
1
5-15
11-25
5%
6-
5-15
(quar.)
preferred
Automobile
25C
preferred
Railroad
Agricultural
6-15
25c
Corp., common (quar.)
(quar.)
Equity Corporation, $3 convertible preferred,
20c
6-28
1
$1.25
Enamel &- Heating Products, Ltd.:
Erie
7-15
7-
Aviation
(quar.)
8-25
12-15
&
(quar.)
Group Securities,
6-28
9-15
Knight Co.—
50c
$1
Smelting
(increased)
common
Co.
60C
;
A
1
Ltd.,
Mining,
$2.25 preferred (quar.)
Great
West Felt
Co., Ltd.—
1
fc.
6-15
$25c
(quar.)_
dividend
&
.5-17
*
$2oc
$25c
A
$1.85 prior preferred (s-a)
Grayson-Robinson Stores, Inc.—
6
25c
Co.,
Union
Graton
5-13
6-
$1.50 prior preferred A
(quar.)
Employers Reinsurance (quar.)
4%
5-
5-20
$2.50
(s-a)_——
class
;
Consolidated
Stock
5-20
preferred
(quar.)
Grand
2
6-22
A
Power
5-18
(quar.)
com.
(s-a)
class
5%
Company, Ltd.,
(quar.)
Granby
6-14
15c
(s-a)
preferred
B
~
1
30c
Drug. 8% .preferred (quar.)_______
& Bay State Telegraph Co.—
Employees
1
5-16
70c
Goods
Inc.,
&
A
Class
5-18
1
7-
10c
preferred
Graflex,
Grafton
6-14
;
(quar.)
Co
First
'
7%
pfd.
pfd.
common
Gossard
15c
6-13
1
6-
$1.05
_____
Ltd.—
preferred
Co.,
5-16
25c
guaranteed
(quar.)
Empire District Electric, 5%
<
Crum & Forster
Securities,
Rubber
6-15
$1.06 %
;
4%
4-12*
6-15
«•
common
common—
$4.20 preferred- (qu»r.)_.
Crows Nest pass Coal Co.,
2nd
Fire
'50c
Ltd.
1st
Emerson
4-30
6-15
$1
•
6-
4
1
5-31
10c
10c
4%
Manufacturing
75c
Rubber
&
Walker
&
7%
?•
A.._
12%c
(quar.)
Gorhain
$1.02%
Ferries
6%
i
—
Inc.,
]
Co
National' Watch
cuse,
$20c
—
Co.,
2nd
1
9334c
(quar
Works—
6-
$1
Ltd..
5-16
.
;
class
Co.,
Seal
Zelierbach
5-20
5-27
5-16
(quar.)
convertible
6-13
$37 Vac
common
preferred
Loom
(quar.)
(quar.)
&
preferred
9
.$$1.25
Ltd.,
Ltd.— "V
International
A
6-
5-16
(increased)
Capital
class
3%%
Knowles
preferred
Crown
.•
Mills,
Company,
6-24
t!2c
(initial)
common
Crane
Crompton
9
$12c
A
(quar.)
Imperial
9
6-
25c
class
—
preferred
6-
6-24
20c
__
Ltd.,
4-18
5-20
6-20
$2c
1
6-
30c
Co
Electric .Hose
Elgin
quar.)__
(quar.)_.
Nut Corp. of America
Boat
5-16
6-24
75c
(quar.)
Corrugated Paper Box Co.,
5%
50c
50%
(quar.)__
Corporate Investors,
Co.,
Goodyear Tire &
$5
5-15
5-31
5c
:
State
Class
$5
$15c
;
_
preferred
$20c
(quar.)
!
Company, 6%
Brewing Co.
4%
6-29
25c
com.
(quar.)
37%c
21c
(monthly)
preferred
Stop
Electric
5-13
75c
^
quar.)
dividend
4-14
Mfg
125c
__
(quar.)
(quar.)
Auto-Lite
•
(quar.)
(quar,)'_
preferred
4Vi %
Elastic
f
common
d $ 1.50
C.)
Goodall-Sanford,
Co.—
(initial
Electric
Cooper-Bessemer Corp.—
New
A
(extra)
6-29
5-16
20c
Ltd
Co..
(H.
Goodali
5
5-25
6-29
(quar.)
Extra
Golden
5
5-
V
7-15
(quar.)
Ltd..
Co.
21c
class
common
Gas
common
Endicott
(quai.
Paint & Varnish, common
prior preference (quar.)
$3
>
6-10
6-
$1
93 %c
_______
1
9
5-20
;25c
f,:
1
Continental
,
Ltd.
5-
5-25
6-15
!
Goebel
4-22
5-16
50c
(monthly)
Natuial
4.10 %
6-10
,v
Paso
New
5-16
1
1
50c
'
(quar. i
1
6-
$37 Vic
(quar.)——
El
6-15
6-
common
common
5-23
50c
5-21
6-15
1
$1.13
America,
Co.,
1
1
7-
$1.12%
(quar.)—.
Can
67-
I5UC
'
Continental
7
fl2c
(quar.)
(quar.)
preferred
4-15
"
(quar.)
cojnmon
'
Container
5-
5-16
J15c
—
Consumers
Co.,
5-14
53c
—
preferred
preferred
5-16
30c
(quar.)
Consumers
$4.50
1
6-
$1
x
(initial)
(s-a)„
Theatres, Ltd., class A (quar.)
Glass Co., Ltd. (quar.)—
5
6-15
$10
(liquidating)
Consolidated
'
6-25
25C
'
common
Common
5-16
1
25C
Stores,
Consolidated Textile
6-
6-
(quar.)
(quar.)__
Trust,
Ltd.,
Edgewaler Steel Co.,
$1.50
(quar.)..
Co
Retail
preferred
New
56V4c
_
(s-a)__*
$1.25
(accum.)_
x
A.)
Bennett
Oil
5%
2
6-10*
'
(quar.)
Gas
Co.,
pfd.
(quar.)
Co.
Investment
Paper
$5
Associates
Manufacturing
Economic
Y.__
Liquidating Corp.
Consolidated
Consolidated
Ltd.___
5-15
'
4-30
$1.25
Laundries
Products,
6-10
1
G-
5-15
(quar.)
Consolidated
6-15
12-
75c
common
$1.50
9-15
Steel
(S.
Godman
12-15
$1
N.
Corp.,
6-
$1.50
7-
(quar.)
Co.
Consolidated Grocers
$1.25
6-15
Globe
2
5-
6-30
7-15
Coiporation
$1.50
(accum.)
pfd.
&
Girdler
(quar.)
Eastern
—
6%
Gilbert
(quar.)
(Toronto) —
(quar.)
Gerrard
4-30
5-20
A
$1.25
1".
Power
6-15
4
5-
5-16
7-15
Corp.
(quar.)
Co., preferred (s-a)
5-14
A
2
Corp.
Co..
Co.
6-10
preferred
$1.50
___
Quarterly
Connecticut
7-15
Marble
$1
preferred
—
•
Life, Association
Georgia
Gerity-Michigan
6%
Eastern
__
_
6-16
4-30
6%
5-
Wares
1
5-12
5-16
Steel
Inc.
Utilities
5-15
6-10
$4c
Public
$1.25
x
5-16
Ltd.
(resumed).— !
6-10
f $12
Mills
& Rubber
Gentry,
6%
:
—— _
General Tire
6-25
Ltd.-—
Telephone Co.—
(quar.)
Co. (N. Hi), 7% pfd.
Gas
RR. Co. (s-a)
Eastern Massachusetts Ry.—
/'
b'%
preferred A (quar.)
6-11
$50c
45c
Mahonoy
5-20
5-12
$$2.50
5-20
:
7-11
$50c.
t30c
(quar.)
7-11
1
25c
(s-a)
6-15
50c
Commonwealth
preferred
Co
1
8-
40c
Corp.,
1
25c
_
Stamping——if.
&
Picher
8-
37%c
Equipment
General
7-
6-10
$1.50
6-10
$1.12%
5
25c
Mfg.
preferred
General
(quar.)
common
East
Quarterly
-■
Inc.,
5-10*
i
$1 25
(quar.)
6-20
Laboratories—
preferred
5-20
Commonwealth & Southern Corp.
$6
preferred
(accum.)
4(4%
B)
Bradstreet,
3
Commonwealth International Corp.,
5%
(Alan
convertible
&
6-
Commercial
;
(quar.)
•
e-
$1.25
B
common
5-
5-20
93%c
common
A
5
4-25
5-14
6-15
84%c
(quar.)
(increased)
Products
5
5-
35c
____
preferred
(quar.)_!
Precision
5-
Eagle
—
1
5-10
5-10
5-16
50c
Corp. (quar.)_
Portland Cement____*
5-15
5- 2
5-25
5-25 !
10c
Paint
5-15
5-16
'
7-
1
I
■
Advertising—
preferred
10c
5-20
Columbian
*
$1.75
!
1
Columbia Gas System, Inc. (increased quar.)
Columbia Pictures Corp., $4.25 pfd. (quar.)
Cone
15c
(quar.)
5-13
5-16
12%c
(quar.)
(quar.)
Outdoor
Common
7-15
$1
(quar.)___
Corp.,
•
SI
(quar.)
Printing
3%%
preferred
40c
h
Co.
&
Inc.,
preferred
$3.75
6-10
5-13
25c
1
$5
3
B
(s-a)
125c
6-
5-23
A
8-
5-10
1
1
6-
7%c
6-15
1$1.12%
(quar.)
7-
6-15
Corp.—
preferred C (s-a)
General Foods Corp., common (quar.)
Ltd.—
6-
rom.
20c
$1.75
125c
preferred
2
-8
25c
common
(increased quar.)
General Industries
$1
Corp..
—
convertible
General
5-20
8-19
preferred
arrears)
125c
35c
Iron
all
(quar.)
137 %c
37V2C
&
Co.,
preferred
1
Ltd.—
(snecial).
Milling & Elevator Co.
4%%
clears
5%
(quar.i—_
(quar.)
Industries,
payment
Corporation <quar.)__'
Gary (Theodore) & Company—
$1.60 1st preferred (accum.)
2
5-31
Wood
$$1
—
Garrett
5-16
(quar.)
(quar.)__
common
(quar.)
5-20
Ltd
'
2
5-31
preferred
Co.,
162 %c
Broadcasting System, Inc., clars A
common
(quar.)
Fuel
Concord
5%
6-
5-18
5-18
5-14
25c
Mont
1
6-
62 %c
5-
1
Ltd.—
4Va% preferred (quar.)
Dupuis Freres, Ltd., 4.80% pfd. (quar.)
Duquesne Light Co., 5%
1st pfd. (quar.i__
Dwight Manufacturing Co.__
Power,
preferred
Colorado
$5
Du
6-
50c
—
1
6-10
7%
(quar.)
preferred
6-
5-16
i
6-10
Corporation,
4%
(quar.i
30c
Company,
common
preferred
(quar.)
Dravo
4%
5-16
1
5c
common
6-
$1
Co.,
5-14
-10c
;30c
Investments,
(quar.)
6-10
1
(quar.)
1 $ 1.25
common
1
6-
50c
(extra)
preferred
25c
(quar.)
preferred
4%
...—
,50c
Co.,
Ltd.,
7-
6-1
$25c
$1
quar.)
Co
Gair
7-25 '
$50c
$$1.19
—_—
(increased
Ltd.
Trailer
9
Ltd.—
Corp.,
(quar.)
preferred
5-10
■t
6%
117 Vic
Co.____^
Drackett
5-20
25c
2nd
Drug
7%
6-14
(quar.)
common
Colorado
Class
6-30
Dow
4-20
—
(quar.i
Central
conv.
Columbia
5-14
87 %c
(o.uar.)
preferred
50c
(quar.)
common
Corp
Inc.,
preferred
5%
''
Aikman
&
$3.25
4-30
(quar.)
Cc.
Colgate-Palmolive-Peet Co.,
$3.50
preferred
(quar.)
Collins
4-30
«-ia
'
,
6-11
•
5-14
5-20
....
common
(quar.)
Co.
J.),
Steel
20c
(quar.)
common
■
-
25c
(accum. i
A
2
75c
______
(quar.)
Co.,
5
5-
10- n
.
10c
preferred (quar.)
Gabriel
15c
Investment
Industries,
6
5-
5-16
130c
(initial)
(quar.)
Co.,
i»
6-27
62 %c
Ltd.
6-10;.
6-, i'.:
7-1
37Vic
(Franklin)
6
5-
,
5-16
;
6
5-. 6
25c
1—
(quar.)
Corp.
(quar.
(A.
2-6-50
8-
Ltd.,
preferred
Fruehauf
5-13
7bc
—
—
v
,
Simon
r*
-5-27
.
10%
.-w
-
(quar.i
(see
3-24
5-
1.
Co.)
50c
(quar.i
$25c
(quar.>_
Franklin Simon & Co.
Freiman
Fields
preferred
Co.
8-10
(quar.)
Dow Chemical
&
3-24
5-
-
5-27
J
______y.;i';v 25c
_L._ v12%c
V:
37%C
(quar,)
1
5-27
(interim)
^
1
6-
$25c
/'
>
(quar.)___
Corp.,
preferred
6%
8-15
Aircraft
7-
$4
6%
50c
Paper
6-
Hardware,, Ltd.—
4-25
Freeport Sulphur
convertible
$3
Gold
Co.
4-25
1
Brothers,
4V2%
$4c
(s-a)
Ccchenour
Cochrane-Dunlop
Foster-Wheeler
Kleiser
6
(quur.)__
(quar.)
Donnacona
1
5-27
&
15c
preierred
$1
6-15
7-
receipts
Works.
5-10
Anglo
Common
5-23
7-1
deposit
Bridge
5-
pfd.
Dominion Stores, Ltd. (quar.)
Dominion Tar & Chemical Co.,
1
$1
Pitt
5-16
7-
,6-.
5-27
!
L
.
1
A—.v $25c
class
—
Foster
6-15
Ltd,
$25c'?
5-10
6-20
u-
$2.50
B
American
Fort
i«
$1
voting_____^_^_^ .25c
—% 25c
B
Canada,
'
6-
preferred
6-10
$1.50
—-
-J.
5-20
Bridge,
6-
—
(s-ai
class
of
6-15
Inc.
Oil
&
50c
quar.)
Co.
5-16
5%
Co. jquar.)
preferred
5%
6-16
Co
5-20
50c
Mines, Ltd.
15c
(increased
Products
5-11
5-20
6-
r
:
—
5-16
35c
(quar.)___
Manufacturing
5%
5-16
7-
—■
5-10
1
1
5-31
25c
Dominion-Scottish
Monthly
5-13
1
1
1
Extra
10c
Dominion
5-10'
20c
guaranteed
Clinton
3
66-
40c
Pepper Co.
Dominion
5-10
(quar.)
v
$1
(quar.)
Dominguez
6-10
55c
Electric Illuminating Co., common
preferred
(quar.)—
Cleveland <9s Pittsburgh RR.—
$4.50
6-
10c '
Class
6-
2
non-voting
Extra
•
J
5-
25c
Extra
4-22
$1.12 %
Cleveland
"4%
6-
25c
(quar.i
1
A
Dodge
6-30
4%
(quar.).
1
$1.75
Construction
Houses,
6-
6-15
(quar.)——
5-
(quar.i
Co.
Motor
Steel
Dobbs
6-14
$1.25
common
T
Class
50c
(quar.)
Co.,
1
I',
■
6-15
5-15
(quar.)_
Wallace,
B
■>'
2
(quar.)
(s-a)
Motor
Fownes
(Henry) & Sons, Inc. (quar.)
Cup Co., common (quar.)
30c
Co.
dividend
2
6-17
1
7-
$1.37%
Controller
6-
^_i__
Disston
40c
Equipment
Multiplier
6%
$1.25
Clark
1
35c
participating pielerred (s-a)
participating preferred (s-a)
6%
$1.25
Clark
5-
common—.—
& Realty
Match
Diamond
5-
1
25C
(quar.)____
Stove.
Mortgage
Diamond
Pacific
(quar.)
6-
&
Class
8-20
11-20
6-15
50c
______
5-20
;
6-
(quar.)___.
preferred
————
137 %C
(quar.)---'
A
<
Ford
l
5-
(quar.)
prefer led
1
5-16
(quar.)__;
voting
Electric
Harvester
Detroit
Texas
City Investing Co., common
5%%
preferred (quar.)
Stock
&
Detroit
Detroit-Micnigan
Co.—
Cincinnati,
Clary
Gas
5-20
8-
1
(Kansas)
0-14
$2
6-
(quar.)
Co.
Derby
8
Oil
35C
Inter-Terminal RR.
preferred
preferred
5-10
preferred (s-a)
Cincinnati Milling Machine Co., common—
Clearing
7%
5-27
4%
5-16
"
Suppiy Co. of N: Y.
10-14
Co
1
1
Power
Mineral
Forbes
6-10
7-
6-
*■
l
5-15
25c
$1.25
Gas
class
Co.
Co.,
25C
Corporation
6-10
1
7-
75c
912-
$1
$1.22V2
preferred
Preferred
$1.50
>
pfd.
Corp., 4%
•*'
Dentists'
8
9-
$1.75 4
$1.75
____
if '
Hudson
75C
..
Co
Cincinnati
5%
6-
Foote
5-10
l
& Light, 4%%
pfd. (quar.)_ ■ $1.12%
Co., new com (initial)____—.>'1 20c
Power
Florida
9-15
A
Derby
(quar.)
Copper
Chrysler
5-15
25c
—
1
1
25c
Cab Co
Oil
6-
6-15
1
v'-"'
(quar.)
1
Mfg.
6-15
6-
1
5-30
(quar.)
7-
$1.50
/
Holdert
Payable of Rec.
$1.50
(quar.)
•
5-16
75c
—
Ltd.,
Company, common
preferred
(quar.)
7%
Cotton
Common
Chile
6-
710-
15c
pfd.
&
6-28
6-16
Florida
$1.12%
(quar.)
$3
Chicago, Burlington & Quincy
Chicago Ytllow
B
v
5-20
:
2
50c
preferred
When
.
Share
'
1st pfd. (quar.)
Company, common
$4 preferred (quar.)
$1.12%
L.
Dooi
Co.,
$5c
—
RR.—
Chicago Corporation, $3 preferred (quar.)
1
5-
Company
Flintkote
4.90%
Inci, 7%
Day Mines, Inc
20c
Leather
.
50c
of Vlrgima—
Ltd
Metallic
1
1
6-
5-14
1st
6%
6
$17%C
Sons,
7-
$1.50
5-
'■
Cushman's
6-
'
5-16
87 %C
(quar.)_
__
$1.12%
.
preferred
preferred (quar.)—
Mfg. Co. (Mo.
ourtis Publishing Co., $7 pfd. (accum.)
$4 prior preferred (quar.
50c
Chapman Valve Manufacturing Co.—
7% preferred <s-a)...——
Charis Corporation •
———
Charleston Transit, 6% preferred (quar.)._
,
Inc.,
1
IOC
r
4Va%
5-10
7-
(s-a)
3%%
Press,
(quar.j
Curtis
1
5-25
pfd.
Clothing
4Vi% preferred (quar.)
8
J5c
40c
Corp.
5%
*
Curlee
4-25
$1.04
-
.
Corp.
4-29
5-16
40c
Cnumpion Paper & Fibre Co., common——$4.50 preferred (auar.)——
CnesapeaKe
5-31
50c
(quar.)
Atlantic Sugar,
Name of
.
Fitzsimmons Stores, Ltd. 6 V
6%
1st preferred (quar.).
6-17
6-10
com.
Corp.
Per
Payable of Rec.
1
——
Chesterville Mines,
Share
Sugar Co.,
9
"preferred (quar.)—
Ribbon Milb, Inc. (quar.)..
Belt
American
6-
Vermont
Century
Name of Company
Cuban
5-
Surety & Insurance Corp. (quar.).
Soya Co.
(quar.)——
Public Service——
Central
;
2
Monday, May 16, 1949
Holdert
85c
preferred (quar.)
Paper Co. (quar.)
Central
5-
When
25c
3.40%
Light & Power,
South
5-16
CHRONICLE
pfd. (quar.)
Corp
York Power,
Ohio
40c
(quar.)
FINANCIAL
Per
Payable of Rec.
,Share
'
Co.
Electric
Louisiana
&
Holdert
When
Per
COMMERCIAL
Volume 169
Number 4803
THE
Per
j '
•
Name of Company
.
Hart-Carter
$2
Co.,
Hawaiian
Steel
conv.
Hershey
$4
5-20
Lane-Wells
6-
1
5-20
Lang
——
35c
(quar.)
1-1
$1
—
(quar.)
prefeired
5-25
(quar.)_
7-
1
7-
1
5-14*
$1.25
6-10*
'
5-14
5-
(quar.)
Corp., common (quar.)_
preference (quar.)_
30c
Bartlevt
&
Co.
Laura
Hotels,
1
5-16
5-14
4-25
Lee
$1
5-14
4-25
Lees
2bc
5-27
5-17
25c
D.)
Co.
/"■4%
convertible prefened (quar.)
(Charles E.) Company (quar.)
(James)
& Sons
Hires
Hobart
Manufacturing Co.
Hobbs
Holt
Battery
(Henry)
$1
non-cum.
class
A
(quar.)
preferred
$4.50
conv.
Hormel
preferred
A
5%
preferred .(quar.)
Light & Power
Stores
4%%
Corp.,
preferred
Hudson
Oil
5%
preferred
Hussmann
Huston
series
5%
6-29
6-
2
6-29
6-
2
preferred
4-30
5%
preferred
Power
Illinois
1
1
Imperial
Chemical
5-31
7-
6%%
Ingersoll-Rand
Inland
Steel
2
5
6-20
Lone
9-20
12-20
Stock
Lukens
Lumbermen's
6-
5-17
3UC
Group
Mfg.
Maltine
7-
2
6-
9
Manhattan
7-
2
6-
9
preferred
Oil
Massey-Harris,
7-15
5-21
4-30
8-
1
v'r.
8-
1
7-19
6-
1
5-16
6-
1
0-
1
1
11-10
5-16
4-29
6-
8-10
1
5-25
McColl
6-
7-18
20c
7-
1
6-25
6
5-16
5-16
Oil
95c
6-
1
5-13
6-
1
5-13
6-30
6-10
6-30
6-10
6-15
6-
6-15
5-25
6-
1
5-14
75c
6-
3
5-16
6-
3
5-1G
5-15
4-30
5-20
5-10
S-2
46c
10c
20c
(s-a)
common
6-30
6-
3
6-15
5-25
25c
6-27
6-10
5c
6-27
6-10
$1.25
5-25
5-10
'
•••:?
prior preferred
'
10c
(quar.)_
(quar.)
Frank
&
7%
\
Beneficial interest series
Knudsen Creamery Co. (Calif.), com.
60c preferred
(quar.)
8c
(quar.)
5-20
4-30
10c
„
50c
37 %C
5-15
62%c
7-
$1.75
,
'
6-11
6-11
2
6-15
6-
6
6-15
5-31
37 %C
6-30
6-15
5-
5r31
5-18
5-31
$1.12%
b-31
5-
1
6-14
6-
4
National
6-28
6-22
Midland
$1,121/2
9-27
9-21
New
$1.12%
12-28
12-21
Mid-Continent
$1.50
7c
7-
1
6-15
5-16
5-
2
8%
$2
Steel
Trust
Petroleum
(initial
Mid-West
5-24
6-
6-30
6-24
Common
5-31
5-10
5-
3
5-
3
3
(quar.)
preferred (quar.)
OO
t$1.75
Shore Mines, Ltd. (quar.)
Hakey Foundry & Machine Co
Ltd
Sessions
Co., common
(quar.)
Hamston (M. K.), Inc. (quar.)
Lane Bryant, Inc. (quar.)__
:
prefeired
Dye
Works
6-
1
1
,
i
+
18c
35c
1
+
12c
30c
62V2c
5-23
6-
1
5-14
5-
9
4-20
6-15
6-
7-
6-21
1
4
Hart,
137 %C
7-
A
1
7-22
10-19
G;15
6-15.
7- l
7-
1
6-15
6-
1
5-18
130c
7-
1
6- 3
class B____.
.
115c
7-
1
10-
1
6-
3
9-
2
Corp.,
(quar.)_
com.
15c
$1.12%
.__
$1.25
6-15
5-27
5-13
$1.25
8-15
50c
6-
7-31
Li;
1;,
6-15
5-17
53VBC
5-15.,.
5-
5
8-15)
8-
5
47 %C
5-15
5-
5
47 %c
8-15
8-
5
10c
;
6-15
5-27
(irreg.)
Funds—
9c
:
shares'
Equip?nent
Trade
:
15
4-30
5-15
4-30
5-15
4-30
Gc
4-30
4-30
5-15
"4-30
5-15
4-30
8c
are
5-15
3c
._.
The amounts shown below
June
5-15
4C
shares—
shares
Institutional-
5-15
lc
series--—
12c
8c
Stock
Income
•7-
50c
(quar.)
Railroad
the
6-15
20c
53'Ac
(quar.)
Railroad
Retail
7-
1
Fabrics
Co.
1
7-1
6-15
5-31
estimates of
distributions.
series
series
7c
6-15
5c
6-15
5-31
shares
lc
6-15
5-31
Building shades
3c
6-15
5-31
2c
Institutional
Aviation
Stock
series—.
—
Chemical shares
Vulcanized
Fibre
(quar.)
Naumkeag Steam Cotton Co
(William), Ltd., 5% pref. (quar.)_
Neiman-Marcus Co., 414%
pfd. (quar.)
Neisner Brothers, Inc.
(quar.)
(Herman)
Extra
(increased
5-31
5- 2
1$1.25
5-27
5-18
6-
5-10
1
$1.06%
5-16
5-
20c
6-15
5-31
15c
5-25
5-11
quar.)
1
2
Meter
$2.40
common
5rll
5-
6
5-15
5-
1
$3.50
6-
1
5-
4
6-
1
5-10
(quar.)
(quar.)
Cordage,
Newfoundland
5-25
5-15
60c
,
Co.,
preferred
Bedford
15c
25c
125c
__—
Neptune
New
Corp.
5-31
6-15
5-16
50c
Neilson
Nelson
6-15
4c
25c
shares
National
5-31
Light
7%
&
pfd.
(s-a)_
Power
Co., Ltd.—
Initial
Jersey
New
Park
Zinc Co. (quar.)
Mining (s-a)
:
75c
6-10
5-20
5c
6-
1
5-10
lc
6-
1
5-10
5-16
5-
6-11
50c
6-
1
5-16
6-10
5-20
New
50C
6-
1
5-13
6-15
5-16
N.
7-
N.
7-
1
6-14
7-
1
6-14
50c
7-
1
6-14
6-
■?
York
Y.
Air
Chicago & St.
prefeired
Y.
Y.
A
Co
Louis
$1.50
&
1
6-
75c
5-20
5-
9
75c
shares
Electric
State
2
RR.—
(accum)
Shipbuilding Co., Founders shares—
Participating
N.
Brake
5-20
5-
9
5
3
Gas—
5c
1
5-19
Common
5-15
5-
6-15
5-15
$3.75
preferred
93 %c
7-
1
6-10
5-15
$4.50
preferred
$1.12%
7-
1
6-10
6-
1
5-20
6-10
5-11
(initial)
6-15
5-14
37 %C
7-
C-20
New
50c
(s-a)_—____—
Norfolk
Inc.
1
2
&
York
Western Ry
10-
2
9-20
Agricultural
25c
7-
2
6-20
Automobile
250
10-
2
9-20
Aviation
6-30
5-31
Bank
5-24
(initial)
tl5C
Co.
A
ser.
(quar.)
Minneapolis-Honeywell
75C
Industry
series
10c
Stock
series
50c
Common
(quar.)
convertible
6-
1
5-18
$1.50
6-
1
5-16
Mission
6-15
5-25
Mississippi Glass
2nd preferred (initial
Development Co. ^initial)
conv.
80c
6-
1
5-20
30c
5-15
4-22
Diversified
4-22
Diversified
'
3.20%
preferred A (quar.)
Minneapolis-Moline Co., com. (initial quar.)
$5.50 1st preferred (initial quar.)
25c
6-10
quar.)_
$1.37%
5-15
37 %C
5-15
4-22
Diversified
35c
6-27
5-20
Electrical
15C
6-11
6-
Food
1
Investment
•
—
Preferred
Equipment
Industry
,
Fund
Stock
j
Fund-
Industry
series™
'.
;
Industry shares
series
5
5-
5
5-25
5-
5
8c
-
5-25
5-
5
9c
5-25 >
5-
5
9e
—
—:
5-
5-25
4c
series
series
5-25
IOC
Industry
Industry
Building Supply Industry series
Chemical Industry
series
Corporate Bond series—
Regulator—
$1
(quar.)
Stocks, Inc.—
$1
(quar.)
prior preferred (quar.)
prior preferred (quar.)
Mining Corp of Canada, Ltd.
85c
(quar.)
(quar.)
Nopco Chemical Co., 4% pfd.
37 %C
(s-a)
(quar.)
71/2C
$1
5-13
I ?
$1.12%
(quar.)
.
6-15 (
1
20c
$2
Co.__
Co., common
preferred
&
6-
10-29
J15C
(quar.)
series
$1
Milling Co., Ltd.—
Common
Hake
8%
Miller
5-13
8-
,
5-20
1
Manufacturing Co
Newport News Shipbuilding & Dry Dock Co.
37%C
(quar.)
5-10*
6-
$15c
.
5-10"
1
6-10
tl2%C
(quar.)
6-18
1
6-
'
45c
Selected Group series
6%
Common
6-
35c
5-13
$1.06
5-28
7-
6-10
6-15
Abrasive
Oil
(quar.)
quar.)
preferred (quar.)
non-cum
preferred
Midwest
Corp.
6-15
20c
series
Preferred
Stock
Products-
common
Extra
(interim)
7
6»
12 %c
(quar.)
Service
Transit
75c
$1.12%
5-10
65-
4-28
!
preferred
?5c
___—
7-15
5-27
5-16
$1
_!
3.8%
1
Airlines Co
5-10
40c
preferred j (quar.)-_
7-
Mid-Continental
5-16
4-30
1
$1.75
(quar,)
preferred
60c
5-10
1
6-
$1.50
Newmarket
1
6-
5-14
2c
4>/« %
5-16
6-
5-10
25c
,___
common
3.8%
6-11
V
5-24
30c
(quar.)
(resumed)
National Paper & Type, 5%
preferred (s-a)
National Standard Co. (o.uar.)
National Tea Co.,
common
(quai*,)..*—
414% preferred
(quar.)_!
!
15c
5-24
1
Inc.
Special
6-13
11-23
62 %C
(quar.)
Fibres,
Ltd.,
Mallinson
5-14
common
8-23
12-12
6-15
1
—
;
5-23
9-12
12c
5-27
New
$1.18%
—
6-12
12c
7-
35C
Public
Mickelberry's Food Products,
$2.40
preferred (quar.)
6-
12c
___!
50c
Corp.
preferred
5-20
(quar.)
Service (quar.)
12-15
2C
Linen
6-
preferred
9-15
12-28
6-15
A
6-1
4% %
9-28
$1.50
$1.75
Class
11-17
5-16
60c
$1.50
:
12-.2
11-30
Michigan Consolidated Gas—
5-16
6-16
1
coy
—
4'/2% preferred (quar.)_!
5% preferred (quar.)
5-18
$5C
H
6-28
National Lead Co.—
2
5-25
50c
50c
$1.50
1-1-50
$1.12%
6-14
&
7-
(quar.)
5-15
115c
Oil
7-2
f 50c
t $ 1.12 %
5-16
1
115e
(quar.)
15c
Bleachery
5-16
1
5-10
6-
37 %c
5-15
(quar.)
4-30
6-
5-20
America—
preferred
(quar.)
8-19
20c
Hanett
5-20
50c
5-23
(quar.)
5-20
4c
6-15
5-10
"
A
8-31
A.—•
Mines,
6-10
6-15
A
4-30
25c
(quar.)
50c
(quar.)
preferred shares
Gold
5-
preference
5-31
6-13
35c
A
5-26
5-14
5-10
30c
-
;_
preference
$1.12%
$0.1451
&
5-15
6-15
5-18
*
Class
2
15c
25c
5-31
Class
6-15
1
7 6-10
1
5-17
5- 2
Class
4-29
'_
40c
.
5-
L
Development
(s-a)
Ltd.,
6
(quar.)___—
5-16
120c
$1.50
6
5-
&
National Gypsum Co., $4.50 preferred
National Hosiery Mills,
6
5-
1
5-31
50c
Welding Machine Co.—
Grocers,
(quar.)
common
$2.50
5-
1
6-
20c
(quar.)—;
Electric
Preferred
preferred (quar.)
Haclede Christy Co. (quar.)
Lamaque
1
6-
50C
5-31
conv.
Hamson
6-
50c
$1.02%
A
convertible
National
2
$1.06'A
B
Michigan
Kysor Heater Co. (irreg.)
7%
5-
1
4-30
5-20
Quarterly
Quarterly 1
5-17
10c
50c
4%%
preferred A
(quar.)
Kroger Company, common (quar.)
6%
1st preferred (quar.)
Woods
6-
6-15
5-16
-
(quar.)
Balanced
62%c
Co.
5-14
S.)
the
60c
National
6-16
Co
-37 VaC
Company (quar.)
(Si H.) & Company (quar.)
Kroehler Mfg. Co.,
4% %
preferred A (quar.)
of
;
5-31
6-30
Cylinder Gas
Common
5-14
6-15
5-26
50c
Co., com. (quar.)
4V4 % preferred (quar.)
National Dairy Products
Corp. (quar.)
National Drug & Chemical Co. of Canada—
7;
6-30
25c
5-25
Kress
Hake
1
Corp.
Preferred
preferred
National
1
1
6-10
-
_id-
Co., common (reduced)
City Lines, Inc., common (quar.)
N'atior.nl
$50ViC
—
Inc. (quar.)
Co., common (quar.)
(quar.)
15c
Company
Ha France Industries,
9-
6-
$2.25
'<
Inc
Casket
National
™
1
1
6-15
59% C,
Co., common...
(quar.)
preferred
National
6-15
50c
(quar.)__
Mica Co. of Canada, Ltd
Michaels Stern & Co., class A
Class
6-
12-
—
Mersey Paper Co., Ltd., common
4% % preferred (quar.)
Brewing
Bridge
1
43 %C
Corp
Mercury
Messenger
(quar.)
Merritt Chapman & Scott—
6%%
preferred A (quar.)
Miami
Biscuit
$4
5-14
6-
35c
(quar.)
National
7%
5-14
6-15
Dehydrating & Milling—
preferred
Preferred
__
Fund—
A
43 %c
Distilling
Messenger
7-
"
Co.,
preferred
Metz
6-15
1
(quar.)
Automotive
•6-15
Stores
Merchants
5-16
1
1
J25c
(quar.)
Telephone, common
preferred (s-a)
5%
V
7-
7-
t50c
—
Co., Ltd
common
Meadville
Meier
1
10c
12 V2C
43 %C
3
10c
S.
(quar.)
5-
25c
.
American
1
1
6-
$1.18%
4-22
5-16
6-
1
25c
(quar.)
1
1
6-
7-
1
66-
Co
National
5-28
6-
5
20c
6-10
6-
(quar.)
Aluminate
5-21
85c
6
$1
(quar.)
6-15
of
A
Alfalfa
5%
5-14
75c
preferred
Mercantile
(quar.)_
5-31
93%c
Corporation,
preferred
National
3
93%C
series)
5-
'
i
5-21
$1.25
(quar.)
Acme
6-15
5-
(quar.)
5-
6
1
(quar.)
5-6
5-30
7-
5-15
6-15
(quar.)___
1
i
6-20
}12'/2C
common
1
6-10
1
37V2C
7-
5-16
5-10
7-
5-27
1
:
(quar.)____^
Telephone Co. (Hawaii)
preferred A (quar.)
preferred A (quar.)
National
7-
15c
(quar.)
5-31
t62V2C
(s-a)
65c
5-17
3
5-27
2 /
6-
2
$2.50
preferred
National
9-15
5-
50c
(quar.)
Mclntyre Porcupine Mines, Ltd. (quar.)
Mead
Corporation, common
4 V2 %
preferred (quar.)
$2
2nd preferred
(quar.)
20c
(quar.)_
com.
1
5-16
(1047
Frcntenac
$2.50
10-
Co.
preferred
5-13
J25c
(quar.)
Stores,
preferred
McCord
1
1
2
7-
20c
j.
!_i
Co.
convertible
National
6
7-
1
Si 40c
(quar.)_
preferred (quar.)
6-20
5-
7-15
6-
t$3
convertible
7%
5-16
S
7-
t$ 1.75
(quar.)
4.8%
5-20
35c
Manufacturing Co., common
preferred (quar.)__,
McBrine (L. M.) Co., Ltd., preferred (s-a)
McClatchy Newspapers 7% pfd. (quar.)
7% preferred (quar.)
5 %
5-12
6-10
$1.06'A
McAleer
5-10
12-
$1.25
Company,
Consolidada
Conveyer Co.
Ltd.
preferred
preferred
$3.75
5-26
25c
A
Chemical
4.8%
5-13
Ltd.—
Department
$3.40
7-19
25c
preferred
May
5-11
4
10c
$1.25 convertible preferred
6-15
5-16
25c
Realization
Mathews
7
6-
$1.25
5-11*
1
5-13
5-
25c
(quar.)
5-12
8-
(quar.)
Light—
(quar.)
County Land Co.
Knickerbocker
common
1
6-
5-31
5-25
5-31
t $1.75
(s-a).
preferred
4.8%
2
25c
(quar.)
1
1
1
5-27
lc
Supply
6 %
6-15
1
20c
$50c
Mar-Tex
6-
5
t50c
20c
Massachusetts Bonding & Insurance
Massey-Harris, Ltd.
(quar.)
Masonite Corporation
(quar.)
6-15
60c
Power &
'
Corporation,
7-
5-
5-27
?.
class
National
(accum.)
6-
$1.25
preferred (quar.)_
4%
$3
Ltd.__
1
5c
preferred
Co.,
9*
6-15
35c
iquar.)__
6%
Milling
5-16
35c
(quar.)
preferred
5-
30C
(quar.)
Kingston Products Corp.
Ha
4-30
4-18
5-
2
7-2
3712C
(s-a-)__
Mining
6%
4-30
5-16
30c
(quar.)___
preferred
Co.
Sugar,
preferred
9334c
Co.
5
5-
5-16
(quar.)
6-
25c
_'
common
5%
Refining
Kinney (G. R.)
5%
$3.75
(quar.)
pfd. A
6-15
Co., Ltd.—
6-
37'/2c
(Del.)
Vegetable Parchment Co.
City
4% %
5-16
.
$1.75
(quar.).—
Steel
5-16
15c
dividend
(S.
10c
,
(s-a)
(quar.)
Shirt
Leaf
Marathon
Maxwell,
Battery Co.
Kresge
1
$75C
(ouar.)
preferred
Koehring
5-15
5-16
7-
35c
Mutual
4-22
7-15
(s-a)—_.—
6-20
;
$1
(quar.)____
Keystone Custodian Funds," series
Kingsburg Cotton Oil (quar.)
Kingsport Press, Inc. (quar.)
*
5-17
25c
Extra
,
6-
25c
:
•Kayser (Julius) & Co. (quar.)
Kentucky Utilities Co., common
4%% preferred (quar.)
$5
5-23
J 25c
(quar.)
Corp.
Laughlin Steel Corp.,
Extra
(Phila.)
Consolidated
convertible
Manitoba
Maple
6-20
America—
(quar.)
Kawneer Company
Extra
,
M.
Company,
4'A'/'
Estate
Kern
$25c
—
r:
75c
5-10
t75C
-
(quar.)
Oil,
6%
2
12'/2C
,
______
5-20
30c
Gas
5-
6-13
5-14
5-1Q
;__l
$2
2
88c
Mackintosh-Hemphill Co.
1
Power & Paper Co
Macmillan Company, common (quar.)—
Macvvhyte Company (quar.)
Madison Square Garden Corp. (quar.)—__
Mallory (P. R.) & Co., Inc. (quar.)___
5
$1.50
Co.
5-
50C
Maclaren
5-31
(quar.)t
4%
6-10
$1.25
Jantzen Knitting M'lls, 5%
Jewel Tea Co., common
3.807A
6-15
1
30c
Jacksonville
Kansas
(quar.)
___:
Co.
Woodworking Co.
5-
Quarterly
Quarterly
W.
7-
25c
Southern Utilities
Fireman
1
5-
&
preferred
1
Participating
Iron
6-
1
(quar.)
Corp.
Diablo
Mutual
4-10
5-13
5-15
M
6-10
Fund, Inc. (quar.)
Investors Thrust Cow of Rhode Island—
5%
4-30
40C
Iowa
1
1
6-15
&
6-
Investors Stock
K.
Co.
(quar.)__
Mackinnon Structural
4-30
5-31
20c
Investment Foundation, Ltd.—
6%
convertible
preferred
(quar.)
Kalamazoo
5-31
l$1.12'/2
jParticipalting preferred
6-
6-
Line, Inc., new common (initial)
Murphy (G. C.) Company (quar.)
Muskegon Motor Specialties Co.—
9-21
50c
(irreg.)
(quar.)
insurance
Wheel
Extra
-
Producers
5-27
6-
5-10
$1.62 »/a
(s-a)_
Munson
12-23
25c
M.
&
$1.75
Corp.
Stock
5-
5-14
Ltd.—
Co
1
6-13
t$1.25
M
1
1
J.
J40c
Corp.
Gas
10-
1-2-50
1
Extra
6-21
6-
9
C-
6-
2IV2C
5% preferred ,accum.)
International Silver Co
Utilities
1
1
r__
Consolidated,
Corp.
Fuel
..
Sons
Products
Mountain
6-20
7-
4-15
M.
t40c
Natural
6-30
1
6-
6-
lc
Cafeterias
Mountain
5-21
6-17
1
$1
International
5-31
5-10
6-
$1
.
■'
3
30c
:
—
Canada,
5-
30c
25%
v.;:
dividend)
(Maryland)—
Co.
1
$2
:£
__.
Steel
6-
6-15
1
25c
International Railways of Central
Jones
3
Vac
69-
25c
(increased)
International Petroleum, Ltd. (s-a)
International Products Corp.
(quar.)
Jones &
3
5-
15c
6-10
9-10
5%
Quarterly
Johnson
5-
1
Lynch Corporation
Lynchburg & Abingdon Telegraph Co. (s-a)_
Lyon Meta'. Products, common (quar.)
lCc
$1
Class A
3% %
1
17c
i
Quarterly
,
1
$1
____
M.), Ltd.___
Inc. (quar.)
Stores,
5-17
Cigar Machinery
International Harvester Co., 7%. pfd.
(quar.)
International Metal Industries, Ltd.—
v
6-
$2
(quar.)
Co.
(stock
(M.j
Morrison
3
6-
50c
(quar.)
Morrison-Knudsen, common
Mosinee Paper Mills
6
5-
112 VaC
(Walter
4-29
International
Intertype
Lowney
6-30
(quar.)
of
Mount
5-
1
15C
Insurance Exchange Building
(Chicago)
International Business Machines Corp.—
Interstate
Lowenstein
5-
50c
(quar.)
4%% preferred (quar.)
International Nickel Co.
Motor
1
(quar.)__
RR.
4-25
5-20
6-23
(Increased)
Bond
Motor
2-21
$1
Nashville
&
5-20
7%
(accum.)
Group
11-24
I25C
(Missouri)
Lucky
12-10
3-10-50
$2
(accum.)
15C
Shares—
and
Aviation
A
45c
3*
8-23
6-
(monthly)
Louisville
6-30 1
5-24
6-
5-25
t25c
& Company, Inc
Co.
Long-Bell Lumber Co.
(accum.)
Co.
preferred
Class
2-21
9-10
20c
5-20
1
(quar.)<
(quar.)
Mills, common
preferred (quar.)
3
1
$1.62 Va
:
B
A
P.)
6-
6-
(quar.)_____
Paper
4%%
Co., Ltd.—
Lone Star Gas Co.
Star Steel
Morris
(J.
2
5-25
.
6-
(quar:)
series
,
Morgan
9
6-24
50c
common
Lines
6-
5-
34 %c
iquar.)
preferred series A
Moore-McCormack
1
k
;
pfd.
(quar.)
i
B (quar.) _J______________LrHardware Co., Inc., com.
preferred (quar.).
6-10
50c
Co
preferred
5%
11-15
6-
50c
5%%
Co.,
5-15
12-15
t25c
Moore-Handley
3-10-50
+25c
Long-Bell Lumber
8%
preferred
50c
50c
(monthly)
8% preferred (quar.)
8% preferred (quar.)
5-
Co
Institutional
(quar.) IL£,
(quar.)
Inc. (quar.)
6-16
6-15
$50c
series A (s-a)
preferred
50c
,
Common
tl2%c
preferred
6-
2
;
preferred
convertible
7%
4
5-14
;
Co., common
5-
Lid.—
1
5-
1
1
Tool
Chemical
7%
5-10
mvzc
6-30
1
6-
5-31
5-13
7-
5-13
t50c
(quar.)
Society.
4%
6
6-
$1.10
:
__
(quar.) ___'_—
(quar.)___
;
Lock Joint Pipe
Corp.—
Industries,
capital
■
;
5-16
8-
$1
.
5-14
t25c
5-
15c
87'/2C
original
B
25c
(quar.)
5-20
25c
—
(quar.)
Extra
Corp.—
preferred
A
$1.25
9-30
10-24
1
*
Moore
8-23
56 'Ac
12-30
.
(quar.)
Extra
6-15
1
30C
65c
.
6-
t$l
common
Moody's Investors Service, Inc.—
$3 participating preferred
(quar.)___
Corp.}- Ltd., common (quar.)
5-12
7-23
11-24
Class
5-16
$1.25
Indiana Gas & Water Co.
6-%%
"
5-16
12V2C
Increased interim
Silica
'
7
5-31
1
1
12-10
7
5-
68-
11-1
■
30c
Special, guaranteed
5-16
Ordinary registered
(final)
Imperial Tobacco Co. of Canada, Ltd.—
Industrial
5-
f $1
$1.10
Groceterias
$1.25
common
$3.25
2
$1.10
Groceterias,
1
-
(quar.);
capital
Class
5-31
(quar.)
5-
9-10
Loblaw
12V2C
(quar.)
5-25
,
1
5-24
Co.,
Loblaw
25c
(quar.)
6-
1
$1.25
Ltd.,
Machine
convertible
$4
5-27
6
*
Ltd
Ltd.
$3.25 preferred
5-14
5-11
$$1.25
6-10
1
RR.
9
5-
6-lQ
(quar.)
,75c
i.—
Original capital
Special guaranteed
Special guaranteed
Special. guaranteed
'/
,
5-9
1
6-
$1:;
(s-a)
Co.
6-
25c
4-18
5-27
6-16
25c
150c
Loan
Monsanto
4-29
5-16
6-10
Miami
5-13
6-13
25c
5-16
Original
5-12
6-
12c
Holdere
6-16
114c
_:
Brewery,
Monroe
5-10
Co.,
53
Payable of Re6>
25c
(quar.)
Containers, Ltd.___
Carpet Mills, Inc
Monarch
5-16
(quar.)
(quar.)
S.)
When
Share
-
common
common
'(Robert),
Molsons
"
(quar.)
(J.
Mohawk
5-20
.
-
Original capital
5-20
6-
t$l
quar
Co.,
Zinc
1
6-10
37V2C
1
9
5-12
$1.10
Little
4-30
5-15
$1.06 y4
preferred <quar.)_
Hydro-Electric Securities
Idaho
7
5-15
ltd
1
Co._
3
(quar.)
1.
.
...
5-
*6-
5-
6-
(quar.)
Insurance
5-27
—
Co.
Life
5-25
preferred (quar.)
5%
1
Myers-Tobacco
6-15
55c
Refrigerator, $2.25 pfd.
Peanut
6-
$1.50
Mortgage Corp
(Torn)
National
Quarterly
Lindsay Light & Chemical
Link-Belt Co.
(quar.)
Huttig Sash & Door, 5%
&
9
5-
30c
:
A
Liggett
Lincoln
$1.25
&
Huron & Erie
5-14
5-14
1
6-
40c
Lionel
Corporation -(quar.)
Liquid Carbonic Corp., common
3 % %
preferred (quar.)
Co
Refining Co
Hunt Foods,
Inc., common
5%
prefened
(quar.)
1
1
5-16
62 V2C
Smelting,
6-
5-25
(quar.).
5-
Hudson Motor Car (increased
quar.)
Extra
Humble
66-
preferred
Common
'
—
common
&
Mitchell
6-
__
$1.12V2
(quar.)
Bay Mining
Corp
5-20
._
Houston
Howard
Savers
5-14
:
5-21
25c
$1.0614
Y.)
(N.
Life
Ltd.
5-14
common
Co.
5-20
Mines,
6-15
(quar.)
common
A.) & Co.,
preferred (quar.)
Hardart
1
Gold
$1
&
6%
Horn
6-
25c
(quar.)'__
'
Libby, McNeil & Libby (s-a)
Libbey-Owens-Ford Glass Co.
f25c
(quar.)__
(Geo.
5-20
31 (4 c
(quar.)
Honolulu Oil Corp. (irreg.)
Hooker Electrochemical
Co.,
'
Leitch
7-19
20c
Home
$4.25
6-14
75c
(accum.)
Holyoke Street Ry. Co., pfd.
Oil
Co., Ltd
5-31
Utilities,
Mitchell
V S5c
1
30c
(qu8r.)_,
Co., class A
& Company,
5%'
5-21
$1
Pipe Line,
(quar*)
;
B
5-16
37'/2C
(quar.)
(quar.)_.
7-29
Class
Missouri
5-31
3T/uC
(quar.)
6-24
,
5-17
Modern
■,
6-
50c
6-10
2
t
(quar.)_
'
Missouri-Kansas
$1
(quar.)
25c
_____
2
5-17
6-
Lehigh Portland Cement Co.
(H.
Per
Name of Company
5-25
50c
___,
(quar.
common
7-
30c
—
25c
Hilton
J25c
5c
Candy Shops
See Secord (Laura) Candy Shops
Le Tourneau (R. G.), $4 preferred
Lea
Fabrics, Inc.
(year-end)
3
••
6-15
Secord
37V2C
(monthly)
__:
6-
Extra
...
6-18
!_
__
(2145)
Holdert
Payable of Rec.
40C
Company (quar.)
Stamping Co._
V—
Monotype Machine (quar.)
Lanston
Corp.—
preferred B
convertible
Lansing
Lansing
30c
Chocolate
Hibbara, Spencer,
H Monthly
2
5-20
1.,
$1.50
(quar.)_______
Co., 5%' preferred
Products
5-
6-.
When
Share
—
Company (quar.)—
& Sons, Ltd. (quar.)
(John A.)
5-14
.«■
25c
Ltd
Co.,
Co.
$S
Hercules
;+
1
50c
Co.
Powder
6%
6-
______—
Glass
Hercules
Name of Company
15c
(quar.)
Pineapple
Henkell-Clauss,
Payable of Rec,
(quar.)_:
Bakeries
Hazel-Atla^s
Share
.
Per
common.
Empire
Hathaway
•'~7.
FINANCIAL" CHRONICLE
&
Holdert
preferred
convertible
Hartford
,'
When
COMMERCIAL
5-25
5-
5
'.j. 7c
5-25
5-
5
5-
5
3c
5-25
15C
5-26
15c
5-25
5-
5
8c
5-25
5-
5
10c
5-25
5-
5
'•>
5-
5
54
THE
(2146)
When
rer
Name of
New
York
Share
Company
Bonds
Government
Stock
Insurance
series
*—
Heme of Company
Payable of Rec.
4c
—
5-25
5-
5
7c.
,
5-25
5-
5
Service Co.
3.35%
preferred
of
10c
5-25
5-
5
Puget
5-25
5-
5
Pullman,
Inc.
Metals
10c
5-25
5-
5
Pure
Co.,
common
Oil
Industry
-
Public
Utility
series
Railroad
Equipment
Steel
——
Industry series
Tobacco
of
North
Carolina
3%%
6-3
Real
$1.3714
6-20
5-31
$1
6-
1
5-16
_
(quar.)—
Candy
Oil
Co.
Match
Oil
93 %c
5-12
5-12
Regina
6-
Power
Ohio
Seamless
Co., 4%%Tube
preferred
Coal
10-
1
125c
7-
2
1
5-
preferred
new
(initial)
Otter Tail
Outboard
3
3
$1
5-16
5-
3
Revere
Co.
Power
5-10
5'/4%
6-17
Reynolds
6-10
1
&
Inc.,
4-15
Oxford
Paper,
Pacific
American
pref.
Finance
Corp.
Pacific
Gamble
of
California
1
9-15
8-
1
7-15
preferred
Brass,
&
Goods
6-15
Riegel
5-16
Roan
5-16
Robinson
preferred
Pacific
35c
5-25
5-
5-15
4-29
Lumber
Pacific
Mills
5-14
Co.
Oil
Oil
Co.
1
5-10
6
5-20
Rockwell
Rockwood
31'4c
5-16
4-30 :
4-30
34%c
—
5-16
4-30
37'/2C
5-16
6-16
5-14
$1
——--J,
6-
6-15
&
Co.
1
6-15
1
9-15
Standard
0-
Stanley Brock.
G-10
6-15
5-18
G-30
6-15
6-
0-
$1
1
1
1
Class
State
5-14
5%
6-
1
.5%
9-
1
5%
12-15
12-
1
Stein
2
Sterling
Metal
5-
6-
6
5-17
30c
6-
1
5-13
$1.25
7-
1
6-15
$1.25
(quar.)
5-16
25c
7-
1
6-15
(quar.)
$1.25
7-
1
6-
1
Palestine
Economic
Panhandle
4%
Eastern
preferred
Paramount
Pipe Line,
Pictures
Drugs,
partic.
Reel
75c
(quar.)
Inc.
6-
1
5
6-15
5-27
7-
6-15.
50c
(quar.)
(quar.)
common
$1
cum.
preferred
(quar.)
cum.
preferred
preferred
(quar.)
$1
cum.
preferred
cum.
preferred
preferred B
3.70%
preferred
Pepperell
Mfg. Co.
Extra
Perkins Machine $2
Peter Paul Inc.—
Pettibone-Mulliken
7%
cor.v.,
Pittsburgh, Bessemer
(quar.)*
3
5
4.30%
preferred
3.65%
preferred
11-15
11-
5
2-15-50
2-
3
5-16
Scythes & Company, Ltd.,
5%
preferred
(quar.)
Seaboard
4-14
6-
1
6-
5-
1
56-
1
6-15
6'
1
5-16
6-
$1
1
5-20
6-10
5-13
5-20
6-
6-30
6-10
$1
6-30
6-
1
25c
6-
1
5-16 '
6-
1
5-16
20c
6-
1
5-11*
6-
1
5-11
6-
1
5-
6-
1
5-12
7-15
7-
1
7-
6-
1
6-13
53»/aC
7- X
7'/aC
J
(quar.)
.
(quar.)—,
25c
37 Vac
37 Vac
1
5-14
1
5-17
1
5-17
5-31
5-24
6-
5-14
6-
1
5-14
1
5-14
5-31
25c
6-
1
5-10
25c
9-
1
8-10
Co.
preferred
Co.
12-
1
11-10
of
Class
Signal
Class
B
Simon
Simpsons,
&c
Ltd.,
Oil
Public Service Co.
of
Indiana,
(quar.)
6-
1
Co.—
(quar.)
com,
___
(irreg.)
6-30
5-1?
40c
6-
67 Vac
6-
6-
7-
1
6-10
6-
1
5-18
4»/a%
4%
Tide
$3.75
5-18
5-25
6-15
5-25
6-15
5-25
Toledo
Tide
5-26
5-16
Trico
5-26
5-16
Roller
Oil
&
6-
5-16
6-15
5-16
5-
5"
6-15
6-
1
5-16
5-
2,
6-
3
6-
,
"5-11
5-11
5* 3
1
.:5-l7
6-15
6- "1
6-25
-6-15
y"
Co
preferred
7-
2
6-10
' 6-30
5-30
208
7-29
1".
Quarterly
6-29
1
1
6-15
6-
1
Union
Asbestos
C-15
6-
1
Union
Electric
54 Vie
*30c
t$1.12'/a
$4.25
preferred
(quar.)
.
Rubber
&
Co, of
.
30c
50c
1
Co.
5-15
6-
1
4-29
5-20
5-18
5-16
4-28
6-
1
5-16
5-15
25c
25c
6-
5-13
'1
;
6-21
1
7-
-
-
1U10 :
1
7-
i
6-20
t
9-20
10-, t
62'aC
—...
5-10
11-15
$1
62'gc
62%c
„
$2
5-16
5-
2
r
—$1.06V*
(quar.)—,»• 25c
5-16
5r
2
'
Missouri—
7-
2
6-10 ;
'r
'
V
1
5-17
$3.50
preferred
(quaj.)——*
87''2c
5-16
1
5-17
$3.70
preferred
5-16
.4-30
$4.50
preferred
(quar.92''aq
(quar.
_J_
$1.12%
5-16
4-30
6-10
6-
1
'
-
Union
Oil
Co.
of
6-
1
5-16
6-
1
5-
9
Union
6-1
5-
9
United
Aircraft
6-15
5-19
United
Air
6-15
-
.
1
8-10
,
8-15
"-25b
'
(quar.)—.
,
6-10
6
6-
'
■
6-
5-16
United
Biscuit
$3.75
California—
preferred A
Tank
Car
5-14
4-15
6^-2 *
5-
2
6-15
6-
1
6-20
6-10
-
Co
1
%
of
B
6-10
9334C
-
:
5-20
65c
0-
1
5-16
preferred (quar.)
$1,25
pfd. (quar.)———" $1.12%
6-
1
^5-16
6-
1
6-
1
.
5%
America
25c
2'5<5
(quar.)—*—
:___
.
United-Carr Fastener Corp. (quar.)—
United Corporations, Ltd., ciass A (quar.)—
Class
4-30
"
*
(quar.)_—
Lines, 4%%
Extra
v
Co._
Corp.,
"
50c
7-
25c
Tyer Rubber Co., common—I—-2-"i
-
5-10
6-
-
v-
*$1.25
Corp.
——1
66r
1
2
50c
:
Universal Insurance Co, (quar.)
'
*
Quarterly J,
—;
;
Tudor City Fourth Unit, Inc., 6% pfd.__!
Twin City Rapid Transit, 5% pfd.
(quar.)_
6-15
1
6-
$1.06'A
(quar.)
—
St
1 1
6-
15c
—
Co.
Salle
5-
G-
6-15
40c
9334C
Quarterly
La
5-16
6-15
75c
(ouar.)—i__;
5-13
.
.
(quar.)_
4-29
South
.
10c
(quar.)
Co.
6-
50c
—
1
50c
•
common
(quar. )_1
Gas
6-15
36c.
.»
(cfuar.)__
5-
4-20;
1
3
Trinity
C0c
Iron
b-24
6-
*1
Oil,
4'A%
25c
—
&
—
Bearing
Company
25c
(quar.)
*. J
5-14
25c
$1.75
quar.)___.__—__
5-16
62%c
preferred
1
6-
*25c
"
1
5-15
Mills
Power
Edison,
4-14
*25c
(quar.)
(quar.)_<__
1
6-
60c
(quar.)
preferred
Timken
5-25
$2.50
Steel
Cotton
Water
Trar.e
...
.
(quar.)____
9*
6•/- \'.;
50c
common
Water Associated
1
*$1.75
■_
Quarterly
Quarterly
Co..
preferred
6-
62'/aC
(quar.)
5-
6-15
-25c
(irreg.)—!
(John R.) Company—
Thompson Products, Inc., common
6-15
$1
Corp.-(quar.)
Co
Inc, »
Sloss-Sheffield
Smith
9
*30c
-
5-28
25c
./
Thompson
6-10
25c
6-
.5-18
•
'
1
,
5-17
50c-
'6-10
*37q
-J.25c
5-16
4-15
-
5-31
>
(quar.)__
7
',5-17
5-31
4.-30
"
_
"
'
50c
—
„,
(Alexander)
& Sons
Solventol
Chemical
1
5-I6
Sonotone
Corp.,
5-16
$1.25
Products
common
convertible
12-10
United
Electric
Coal
Cos.
United
Engineering & Foundry Co., common
preferred (quar.)
——-
(special)
(quar.)—
preferred
A
(quar,)_
6-10
5-20
6-1
5-13
United
Gas
6- 1
5-13
United
5-21
"6-10
5-24
'
15c
6-
25c
6-10
5-
22'Ac
5-15
4-30
6
1%^
One
share
for
SEC
7%
Improvement
6c
5-16
4-30
10c
6-30
0-
i
C.3C%
31'Ac
6-30
6-
1
6%
of
each
Madison
25
shares
prior
prior
&
(s-a)—
Electric
-
5-
6
5-17
5-
«
6-30
5-31
5-17
75e
$1.75
65c
1
Co.
held. "(Subject" to
5-25
4-27
58%G
6-
1
5-31
53c
6-
1
5-31
(monthly)—-—*—.»<■
50c
6-
1
5-31
*——*
—
(•monthly)*****-—**-
preferred
preferied
Gas
(The)
(monthly)*—-*-**-
approval)-
prior preferred
Co.
-
5-24
Light 6c Railways Ca. (stock.div.)—
1
6-10
25c
—
$1.05
T________
25c
(rjuar.—
Extra
50c
L.h 6%-preferred (quar.)—
Socony-Vacuum Oil Co., Inc. (quar.)_______
Solar Aircraft, 90c conv. pfd. (quar.)
1
9-10
12-20
87'Ac
(T.
1
9-20
50c
Carpet Co.—-
(quar.)
preferred c(quar.)
preferred
(quar.)
—
35c
5-
1
Skilsaw
3Va%
$1.10
Gas
preference
Thomaston
1
10c
& Son, Ltd., common
Oil
4.20%
(quar.)
Electric
5-12
6-
25c
ty
4'
15c
(quar.)__
preferred (quar.)
7-
(quar.)
Co.—
convertible preferred
(H.)
Common
5-13
&
redeemable preferred
Simonds Saw & Steel Co.
Smith
7%
25c
A
5%
Sinclair
6-10
Thew Shovel
31 Vic
5%
4-30
1
9
(quar.)
class
Oil
&
Glass Mfg.—
convertible preference
*20c
Signode Steel Strapping Co., common (quar.)
4-22
6-
1
5-
(quar.)______—*
(Franklin)
Coal
25c
(quar.)
Royalties Co.,
5-16
$1.08'A
6-
5-16
B
5-14
Colorado—
(quar.)_:
6-15
Breweries, Ltd. (guar.)—____________
Sigma Mines, Ltd. (Quebec)——..
Signal Oil & Gas, class A (quar.)
75C
(quar.)
$2.40
12V2C
(quar.)—
5-
Thatcher
9
Sick's
Skejly
C-
9
22c
Co.
-
: 1
5-16
25c
,
9*
12-
25c
Simon
6-
1
Pen
Inc
Extra
6-10
9-30
40c
Sherwin-Williams Co. of Canada, Ltd.—
7% preferred
(quar.)
,
Pacific
20c
A.)
Fund,
,
12-31
(quar.)
6-20
6-
Texas
(quar.)
Co.
5-16
4-29
,___—$135.
5-14
50c
Power
&
4
1
L___ —7c
1
(quar.)
Water
5-
6-
*50c
6-
Ltd
common
4-26..
5-14*
1
5-16
40c
—
5-14
(quar,)
Shops,
■
:
Gold Mines, Ltd
1
,
preferred
(quar.)____—
Simmons Company
6-30
*45c
25c
—
6-
Co.
Candy
Inc.
Bond & Share—
1st
preferred
(accum.)
6-
(quar.)
Sherwin-Williams Co., common
4% preferred (quar,)'
4'/a%
$2,50
$1.37'/a
&
-5-10-
Telephone
50c
(quar.)
6-
*12'aC
*25c
6-30
2
5-31
35c
(quar.)
*31'Ac
5-28
RR—
$1.50
1
6
15c
1
(Del.)
Co.
preferred
Television
$2.50
1
7-
50c
Tennessee, Alabama & Georgia Ry
Tennessee Products & Chemical Corp., com.-
_—
10c
preferred
preferred
1
10c
(quar,)_,
Co
dividend
6-
50c
(quar.)_a~—r
:
Procter & Gamble
Public Service
5-24
6-30
75c
Power Corp. of
Canada, Ltd. (increased)_.__
Pressed Metals of America, com.
(resumed)
Common
Public Service
6-10
91'/4c
common-
„i—
Company, class B
Common
Prestone
Oil
■
A
(W.
Extra
Teck-Hughes
15c
class
Sheaffer
Technicolor,
7-15*
6-
V?C
.
:
27c
5-13
preferred
16
6-
Ltd.—
5-13
ExUa
5-20
5-27*
4-29
1
5-17
1
.
50c
(quar.)
(Canada),
1
common
(quar.)
Corporation, class B
Shawinigan
5-10
8-
pfd".
Carson
&
1
preferred
90c
convertible
5-14
5-27
5-2
20c
—
4.32%
Fenn,
6-
Acceptance
Corp.,
common
preferred A
(quar.)___
Serrick
9
5%
7%
Co., 5%
Security Banknote Co.,
40c
1
Co.
(Laura)
5%
5-22
5-16
$1.25
Surety
Roebuck
6-
C-13
5-14
15c
—*_*_
6-
Securities
5
25c
common.
Corp.
_______
(quar.)
Pearson
&
$1.25
Oil
Secord
5-14
6-
RR.
Inc.
Taylor,
$1,07%
preferred
Seaboard
1
6-
Air Line
Seaboard
1
6-15
30c
____
pfd. A (accum.)__
prior preferred (quar.)__;
Plywood, Inc. (quar.)
Steel
______
Electric Co.___
5-10
1
5-14
1
25c
$I
Taggart
1
1
6-
)0c
'
—-
91 Vic
quar.)
preferred
5%
1
50c
__
preferred (s»a)_*
pref.
9
25c
(quar.)
25c
514%
A
6-
85c
(initial
5
40c
•
Pittsburgh Steel, 5%
class
<quar.)_
Dillon
8-
$1.75
a
Erie
1
5-23
62'/2c
(quar.)
common
preferred
2-
5-
Lake
7-
7c
5-
$1
&
(quar.)
Corp.
6-
Co
8-15
5-9
Co.,
Svmington-Gould
25c
Company—"_
Scovill Manufacturing Co.—
Sears
__
preferred
Brick
5-15
5-16
common
3%%
$3.40
Sfotten
25c
Inc.*,
Fisher
2-15-50
5-16
Co.,
4,40%
5
25c
Pitney-Bow&s,
$1.40
5
75c
Water
&
Scott Paper Co.,
5
8-
11-
_
$4
preferred
Pioneer Petroleum
,
5-
8-15
11-15
$2
Phillips Petroleum Co. (quar.)___
Pillsbury Mills, Inc., common (quar.)
4Vt%
5-15
Sayre
12-15
56c
—a——
(quar.)
5-10
15c
;
*75c
——
Portsmouth
1-1-50
20c"
Extra
preferred
preferred
Sylvanite Gold Mines, Ltd.
Tampax.
(quar.)
6-
•
37?aC
Taylor
A vtc
Co.
5-25
37'?';
(quar.)__:__
1
Paper
6-15
5c
preferred
6%
4
____
Philadelphia Suburban
2nd
4%
Oil,
5*
37'/ac
____r;
6-10
Swau-Finch
12-
Regis
5-
5-16-
5c
•
*—
J2-15
St.
Savage Arms Corp.—
11-
18e
common
$1.25
92 >/2c
Company1 (quar.)_—
Pfeiffer Brewing Co. (quar.)—
Phelps Dodge Corp.—
Philadelphia Electric Co., common (quar.)
$V preferred
(quar.)
——
Philadelphia Suburban Transportation—
11-15
<
.
•
Ry.
33c
Pfaudler
■
Co.,
Drug
(quar.)
$1.10
__
Ray
preferred
25c
____
5
•
25c
conv.
9-15
5%
—
5-
*.
5%
6-15
———
pfd.
5
8-
(quar.)*
Tampa
(quar.)—
7%
55-
8-15
31 Uc
—
(quar.l—
Company,, common
1
preferred—a.*
Gear,
Gas
5-16
5-16
31'.-4c
9-
4-26
'
5-16
4-30:
•
25c
9-15
1
1
6- '1
31 %c
$1,25
1
.5-18%
•
1:' A 6-18
6-
$1
quar.)
(quar.)
—-
(quar.)
(initial
preferred A vtc
7-
v"
7-
Corp.—
conv.
5-15
;
;
4-29:
1
6>••
56o
r.
*75c
5%
25c
(quar.)
9-15
5-14
(s-a)
1
$1
Works,
class A
Ltd.,
6-
10-
5-15.
12-15
5Cc
6-14
5c
6-30
9-30
—
1
___*
common
Inc. .(quar.)'___.
6-
62'/2 c
7-11:
50c
6-15
v
7-11
5-20
12-31
<quar.)__
$1.25
—
6;
$1.25
(quar.)
25c
'
1
5-
$1.25
preferred A vtc
Francisco
1
0-
5'
5-20
6-10
$1.25
,
conv.
25c
(quar.)
1
5%
Louis-San
8-
-ft-
Corp.,
(quar.)
5-25
*$1.06
(quar.,)
-
15c
2
pfd,
5-16
V*10c
preferred (quar.)
Superior Tool & Die (quar.)___
4-28
1
5-14
6-10
*15c
V
—
'6%
5-17
7-
Oil
Sun
5-14
5-19
5c
$1.12'/a
1
1
?c
5c
(quar.)
2
—
$1.50
St.
6-
5-18
'
Sun
5-20
6-
-6-24"
1
25c
—
5-
Pennsylvania Engineering Corp.—
Pennsylvania Telephone Corp.—
Peoples Telephone;
4%% preferred
12'
6-
r
.
5rl9
7-15
25c
,
5-11-
-
6-10 >
9334C
(quar.)
Wells
6-10
-
ouc
•
^__1_
5-
'
(quar.)—
(quar.)
C
(quur.)__
common
1
33c
Penman's, Ltd.. common (quar.)
Pennsylvania Electric Co.—
4-22*
1
33c
(quar.)*
Poor &
Saguenay Power Co., Ltd., 4!4%
6-
5-104-22;
6-
(quar.)
$1.32
1
6-10
6-15
50c
33c
cum.
6%
6-17
$1.25
r
6-10
class B common—*—___
Co.,
,
5-10
7
6-10
(quar.)_.
A
Suburban' Propane
1
5-27
6-10
$1
$1.50
preferred
(quar.)
preferred
(quar.)_>
preferred (quar.)
$1.25
4-29
50c
6-
(quar.)—
preferred (quar.)
preferred (quar.),.
$1.32
5-20" '
,
20c
preferred
cum.
2
6-10
6-
37'/2c
*12'/ac
Shops
6-28
25c
cum
6-20;
1
20c
(quar.)
31'4c
,
SI 32
4.40%
(quar.)
5-
1
6-
6-20
6-10
25c
Saco-Lowell
I,
G-
Corporation
1_
Taion, Inc., common
r_—_
4%
preferred (s-a)——_______
———,
$1.32
4V4%
5-20
6-11
v
2
20c
—
Corporation
Roxy Theatre, Inc., $1.50 preferied (quar.)_
Royalite Oil Co., Ltd., new com. (initial)
Royalties Management
Ruppert (Jacob) 4'/a% pfd. (quar.)
3
6-
50c
20c
(quar.)
cum.
$3.65
1
Rowe
6-11
25c
(quar.)__
5-15
62 VaC
$1
Quarterly
e-
25c
;
(quar.)
Corp.
7-
5-16-
4-29
.
,
(quar.)
common
$1.25
15c
Inc.
8%c
___
$1
Water
5-20
quar.)_
Extra
Extra
City)—
(quar.)
Peoria
1
62 '/a C
Telephone,
preferred
6-
6-
$1.06'4
——
—
$2,25
6-24
25c
—
Coal
Common
1
common
$1
.
,
Stern
Screw
New
<
13
Works—
(initial
Industries
$1
prcf.
Common
Brothers,
Ross
75c
conv.
Peninsular
Roos
4
9 ;
5-
Co,, common
prior preferred (quar.)„
Peerless Cement Corp.—
Peninsular Grinding Wheel Co,—
5%
6-15
1
5-25
(quar.)—,
Parmelee Transportation Co. (quar.)—
Feabody
5-
7-
5-20
$1
common—
(Kansas
5-14
*45c
1
—
—
Co.,
6-
(quar.)*
com.
(quar.)
6f
$4.25 preferred
35c
(quar.)—,
(quar.)———
Parkersburg Rig
Pattoriew
Corp.
New
40c
Machinery (quar.)
Paeolet Manufacturing Co. (quar.)___
Pagw-Hersey Tubes, Ltd.————
1
Jersey (increased)
share for each 200
& Company
Struthers
5-13
$1
-
Package
1
1
Textiles,
(quar.)_—_______________
Stonega Coke & Coal Co.-l
—*
6-15
-25c
(quar.)
6-
6-
preferred
Stowell
5-13-
6-15
6-
—
<quar.)_^
2 \
6-15
«
■
7-155-
:—
Ltd,, class A
Drug,
&
4 '/a %
/
7-15'
1
40c
(qu?.r.)_;
(quar.)__
(A.)
Stern
1
8-
5-16
6-
(quar.)_____
(Ohio),
Co.,
preferred
preferred
preferred
6-15
9-15
42'/2C
<quar.)__^
common
Tube
B
26c
8-
6-15'*'
5
*10c
Fuel
25c
5-25-
-20c
,
Supply. Co
Stecher-Traung Lithograph
5-16
1*
0-
.
7-
C-13
87%c
New
(for
Co.
1
pfd. F (quar.)
& Haas Company, common
preferred A (quar.)
Art
Oil
7-
J25c
,
of
preferred
10-
6cl
C-15
*3c
Railway Equipment Mfg. (quar.)
Standard Silica Corp.
(quar.)
Standard Steel Spring Co.
(quar.)___
9-15
5-21
1
25c
Standard
80c
(quar.)__
Company,
prior preferred
Rouson
1
6-
Gas
preferred
4%
Standard
6-15
*20c
Mfg. Co
series A preferred
Rohm
5-10
'
5-16-
5-13'^
0-
$1.12%
(quar.)
California
of
dividend
25c
5%
5%
4-20
1
$1
1
5tl6-
6-10
12%c
held)
10-
(interim)
common
(quar.)
5%
4-30
75C
—
Ltd..
preference
Rockland
6-
5-16
1
7-
Stock
6-15
,
2%
Standard
$1.75
Quarterly
6-
25c
5-20
6-
$1.75
Eiectric, 4%
of Ages Corp. (quar.)
Quarterly
40c
31'4c
4-25
$1.75
;
Paper Ccrp.
(quar.)
Antelope Copper Mines, Ltd.
6-15
4-25.
1
(quar.)___
Co., (Indiana)
Rock
Corp.
(quar.)
Company——
(quar.)—
Oil
Standard
$1.75
Rochester Gas &
6-
—
(guar.)—
Lighting
Pacific
Forgings Corp.
Standard
5-16
1
:
5-14
40c
Co.
Standard
6-15
6."6-
50c
common
preferred
5-10
5-16
1
45c
Dredging Corp.—
convertible
7-11
*
7-
5-16,
*$1.25
Ltd.,
Co.,
1
45c
•
$1.37%
(quar.)___
1
40c
$1.12'/a
1
10c
$1.37 Va
—
6-
45c
"
7-13
-
6-
-
(quar.)
8-
(quar.)
Little & Co..
Chemical
Standard-Coosa-Thatcher
33/4%
I
1
$1.60
7-15
6-1
$1
25c
(quar.)
6-
7-
6-10
8-15
$1
$1.31'A
(quar.)
y
pref.- (quar.)_
conv.
Standard
r_
6-10
3
1
1
Co.—
7-
A
8-
7-
.5-13
Cap & Seal Corp.—
preferred
7-15
Co.—
preferred
preferred
5%
5-13
6-15
20c
(quar.)__
(quar.).:
4-20
,
5-31'
50c
—
Co.-(Conn.)
V
6-15
^40c !
.
(quar.)_
(quar.)
preferred
$1.60
15c
Inc
Tobacco
Co.
Inc._
Standard Brands, cominon
25c
(quar.)
J.)
$1.12 %
3714c
1
6-15
1
.
common....
(quar.)
Wo*er
Standard
(accum.)
1st
Class
preferred
10-
7-
5
> 9-15
$1
$l.^a'
—
$4 preferred A
15c
2nd preferred (quar.)
2nd preferred (quar.)
;■
$4
■
*5c
7%
Electric Co., 5% pfd. (quar.)
redeemable
preferred
(quar.)
(quar.)-—-——.
8
$3.50
7%
&
preferred
8
6-
6-13
.
5
—
,
Investors,
Standard
7%
(quar.)
(auar.)
6-
6-15
Dry
1st
37 Vac
Robinson
Pacific Gas
1
1
9-15
5-20
(quar.)—
Pacific
7-
5
5-16
$1.25
Spiegel, Inc., $4.50 conv. preferred (quar.rSpringer Sturgeon Gold Mines, Ltd.____
Squibb & Sans, common (quar.)
6
1
4-30
.
11-15
1
4-30
75c
8-15
1
7-
7-31
..
Spear 6c Company, 5% 1st preferred (quar.)
5%
2nd preferred (quar.)
Spencer, Kellogg & Sons, Inc. (quar.)
Sperti Foods. Inc.,
conv. pfd.
iquar.)
7-
6-10
$1.25
Sovereign
10-
5-14
—
Telephone
*5c
5-14
preferred (quar.)
Investors, Inc.—
$5
States
*28c
20c
———
Southwestern
1
5-
buc
_
(Texas)
6-15
Quarterly
Stamford
55 Vac
1
1
Service,
12-
7-
7-31
_____
(quar.)
Public
$4Qc
5
28'jt'c
'
(quar.^_;
preferred
*27c
prefeired
Rice-Stix
preferred
non-cum.
Southwestern
7-
1
(quar,)
common
non-cum.
5-24
-6-16
5
6-
6-30
'
1
5%
25c
(quarterly interim)
class B (quar interim)
Manufacturing Co., common
4'/2%
preferred
(quar.)
4-15
(quar.)
5%
(quar.)
<R.
Gas
Railway Co.,
'
$1.12%
Rheem
4-15
7%
Co
Southern
1
5-14
5-
common—,
90c
Mfg.
2
6-
5-14
Common
2
5-
5-14
(quar.)
Marine
9-
1
$40c
25c
Common
5-10
*25c
(Minn.), common
Natural
(quar.)
Copper
5-20
6-
*
(quar.)
convertible
6-30
*$1.75
Owens-Illinois Glass Co
6%
6-
5-
6-14
(reduced)
preferred
5%%
6-15
5-16
5-14
Class B
5%
5
*$3
Osgood Company, class A—
$1.50
5-
1
*25c
Oswego Falls Corp., 4%% preferred (quar,),
preference (quar,)__—'
Canada Power Co., Ltd. (quar.)_
5-31
5-
*30c
convertible
5-19
$406'
*
•
Investors Fund, Inc.—
preferred A (quar.)
6% preferred B (quar.)_
Republic Pictures Corp.—
50C
—
,
shares
4.56%
Southern
7-1
6-
5-31
'28c
Southern
,•><
7-
6-30
l
1
2
5-16-
1
27c
1
6-15
*5-11
7-31
5Uc
6-
5-
5-16
50c-.
3flJ2C
6-
1
4-19
6-
$1,12%
6-15
7-
$1.183A
____
(irreg.)
20c
American
!
*
5-16
5-16
5-14-
4
;
(quar.)_
7-
10c
6%
$1
7% preferred (quar.)
O'Okiep Copper Co., Ltd.—
4-14
1
*25c
'
Paper—
6- 9
*
5-31
.4.32 % *.cum preferred (quar.)^——
4.48% convertible preierence
(quar.)
Republic
25c
—
(quar.)-——-
\
6-
.59 %c
(quar.)
A
Quebec Railway Co. (s-a)
Ontario Steel Products Co., Ltd., com. (quar.)
Extra
3
50c
—;
preferred
Corporation
3
5-
50c
—
A—
4%
5-
6-15
A
A
Extra
5-31
6-15
' $1.12 >4
———'
com.
6-20
25c
(quar.)
*1
Co
5-27
7- 1
10- 1
6-15
e- 1
$1.25
<quar.)__
Extra
Class
4
35c
Ontario &
$3.60
9-15
&
5-26
40c
,
4.88%
Coventry Ltd.,
Class
5-26
6-
non-cum.
Corporation
Renold
1
*11.75
——-—
Corp.—-
Industries,
Oliver
6-
25c
Natural Gas,
Oklahoma
5-12
5-17
6-10
non-cum.
$1.60
preferred
.•—:
—__—
Bag
Holder)
5-31
12V2c
Co._
(quar.)
California Ediscn, common (quar.)
participating original preferred (quar.)
cum.
preferred <quar.)___
5%
'
2
5-25
Advance
When
Payable of Rec.- -
75c
"
■
.
Southern
5-16
6-13
_
15c
$1.75
preferred (quar.)
preferred (quar.)—:
preferred (quar.)
Remington Rand,
$4.50 preferred
1
6-10
15c
;
Ohio
$1.60
5-10
1
Co
(quar.)
$1.60 non-cum.
1
$1.1314
.
4
Platinum
&
Co., Ltd.__
4'A%'
6-10
C-15
50c
(quar.)_—
A
(quar.)
Mills, Ltd.
6-
—
—
5-
1
6-
-
933/4C
(quar.)—
preferred
Knitting
6-
5c
(quar,)
4
6-
—
25c
—37»/2c
common
common
5-25
___;
Extra
Ben
43/4%
6-21
15c
Ltd., common
Stores,
20c
——
(quar.)
Company
Owl
$1.1214
!-
———--
.'
,7-1
25c
,—,
—
Co.—
preferied
4% %
Red
Regent
(quar.)
Co
Hosiery Mills,
preferred (quar.)
preferred
(quar.)
5%
7-20
__—
5-
Gold
T
share
.
—
Southwestern Life Insurance
prefeired
1st
non-cum
Silk
7%
6-24
(quar.)
50c
03aAc
—
Southern
5-31
40c
*25c
——
Southam
7- 1
$1.50
——
American
Bend Lathe Works
5-18
-
,
?quar.)
Co.
South
4-25
1
6-
Pulp
South
2
Reading Co.—
5-31
1
(s-a)
(quar.)
Name of Company
-
4-29
5-16
6-10
6- 1
25c
(quar.)
Co., common—,,———
preferred (quar.)
preferred (quar.) *
6-20
Per
'
5-
5-16
5-16
-
$1.25
60c
(quar.)__
Rapid Electrotype (quar.)
Ray-O-Vac
Company
(quar.),—
8-
pfd.
(quar.)—
Purina
33/4%
3
6-
7-15
(quar.)
Service, common—
Public
Pharmacal
Ohio
Old
6-30
15c
Bancorporation
Ohio
Olin
3%%
$3.50
prior
$4
Flour Mills,
7%
Ralston
(quar.)
preferred (quar.),——
Oceanic
5
'4%
(quar.)
preferred
Ogilvie
5-
5-13
guaranteed
7%
Water,
Northwestern
Nutrine
5-25
7-1
—
—
——
Quaker State
Quebec Power Co.
Greyhound Lines—
Northwest
Norwich
5
Corp.—
Refractories
RR..
preferred
4%%
5'A%
5
$1.50
Investment
American
North
5-
Payable of Rec.
20c
50c
25c
—
,
5-
*10c
preferred
(accum.)
5%% preferred (accum.)
(quar.)
0% preferred (quar.)
Oil Refining
6-15
held—
American
Northeastern
5-25
84c
25c
(quar.)_—
Quaker Oats Co.,
each
for
Co.
Power
6%
Northland
5-25
Light
preferred
conv.
5
(stock dividend)—
Kansas
shares
four
5-25
5-
5%
6c
Purity Bakeries Ccrp.
14c
Ltd.,
Corp.,
Mining
share
5
Extra
5
5
5-
*$1
—-■*-
(quar.)*—*_
North American Co.
One
—•—
series,——
Industry
Mines, Ltd.
Normetal
North
ceries_—
Industry
55-
9c
series
Industry
5-25
5-25
10c
Fund
5-26
6c
—.
Railroad
Noranda
18c
13c
4c
series
Pacific Coast It-vestment
Oil
Power
Monday, May 16, 1949
Holder)
Soundview
(quar.)
Sound
Share
.
1—
Mexico
New
13c
—
When
Hampshire—
(quar.)—
Public Service Co.
%
.
New
of
Machinery Industry series
Merchandising series—_*-*—*--*-*
series
CHRONICLE
Per
Public
series
FINANCIAL
Holder)
Inc.—(concluded)
Stocks,
COMMERCIAL, &
.
Volume
169
Number 4803
THE
Per
Name of
United
;
Company
Molasses
Ordinary
•
'
■
1
"
Share
__;
Name of
Insurance
Co.
(Seattle)
5
5-24
7-
5
5-24
Common
Quarterly
Common
5-27
22 Vic
5-17
6-
$5
;
___
U. S. Casualty Company, 45c conv. pfd. (s-a)
S.
Electric Light & Power Shares, Inc.
5-16
1
Wyandotte
U.
S.
Finishing Co.,
$4
■.
convertible preferred (quar.)___
preferred
iquar,).
7%
U S Hoffman
S.
Lines
Co.
(N.
preferred
U.
S.
•
U. S.
J.),
Society
(Phila.)
&
U.
Rubber
•
4'/2'a
•
&
7%
preferred
Consolidated
1
Insurance
Universal
Pifctures
6-
convertible
6-15
5-
6%
,
2-
4-29
7-15
7-
5-25
5-10
6-
5-13
I
6-
25c
fquar.)_i__:
preferred
Van Norman
Van
Raalte
6-
sales
3
5-6
c
7-
1
10-
1
9-20
1-3-50
12-22
6-20
6-10
6-
1
5-17
6-
2
25c
Co..
50c
after
profit
75c
Chemical
Virginia
Virginia
Coal
Virginia
per
-
W'aite
Amulet
Walgreen
Company,
'
(H.)
Warner
Brothers
Warren
$3
Warren
•
Gooderham
(S.
$4.50
&
1
5-31 ;
8-
1
20c
6-
1
6-11
5-16
5-16
J50c
6-15
5-13
7-
6-
35C
& Northern
1
6-
1
1
5-14
710-
Wellington
Fire
Insurance
Engineering
7-1
6-16
7-1
50c
(quar.)
Co.
20c
Wesson
&
5-16
2
Snowdrift
West Jersey
1
B%
Inc.—
Co.,
.
5-21
5-
$1
6-, 1
5-13
75C
(quar.)
(quar.)
West. Indies Sugar
12»/2C
6-13
5-27
25c
Oil
Co.
6-13
(s-a)__
& Seashore
4
RR. Co
special guaranteed
:
4'/2>
preferred (quar.)
Auto Supply Co.
Western Pacific RR.
,
5%
preferred
Co.,
6-
i
5-14
5-16
4-18
$1.75
5-16
4-18
6-13
preferred
A
preferred
A
(quar.)
Western
Tablet
5-16
5-
$1.25
5-16
5-
8-15
8-
11-15
11-
1
Air
Westinghouse
Electric
;
3.80%
preferred B
Electrical
Weston
Paper
(S.
White's
S.)
Auto
25c
6-
1
5-
1
55-
Instrument
Corp.
;
<
5%
SOc
Dental Mfg.
Stores, Inc
Candle
common
,
C-
1
7-
3714c
—I--
5-14
6-
•
SI
Gibbs
(J.
w
■
1
Wilsil,
I
Brothers,
(J.
•
(quar.)_
Wool
Corp.
Crampton
Electric
(Alan)
5-14
5-
(quar.)
Corp.
Power,
8teel
com.
Governor
Inc.—Split-Up Voted— '
7-
1
6-30
1949—Month—1948
$1,150,762
5-16
5-28
5-13
27 tic
1
5-
3
7-31
7-15
90c
6-
1
5-16
28c
5-14
4-30
$1.12(4
6-15
5-31
$1.20
—_
6-15
5-31
7-
6-
...
common
—
(stock dividend)—
5%
25c
1
1
i.
■V
__
'J; 1949—Month—1948
2,427,120
114,864
5,700,485
349,858
1,568,325
359,426
$1,594,767
$3,506,990
246,813
285,021
781,825
$3,875,357
767,865
$1,247,602
$1,309,746
$2,725,165
$3,107,492
24,341
16,364
71,152
47,489
$1,272,144
$1,326,110
$2,796,317
155,424
163,308
462,689
$3,154,982
503,819
opers.
taxes__^
6% preference registered (s-a)
Worthington Pumo & Machinery Corp., ct>m.
4%%
prior
preferred
4y2%
conv.
priqr preferred (quar.)—-
(auar.)
oper.
income—
income--
income
from gross inc.
Net
income—
$1,116,719
$1,162,802
■
$2,333,628
$2,651,163
169, p. 1567.
(Ed.)
Schuster & Co., Inc.—Earnings—
$41,406,003 $39,055,068
——
Net profit after
charges and taxes—
1,233,046
$2.63
$2.48
preferred dividend requirements.
Max E.
Net
sales
•'
■
for
•
the
year
ended Jan.
31,
1949
were
the
history of the company, an increase of 6.0% over the preceding year.
During each of the last two years, the rise in dollar volume was prin¬
cipally attributable to an Increase in the size of the average sales
transaction, inasmuch
'
both
in
230
as
the
ratio
as
the number
of
current
pared with 2.7 to I.
by
transactions
decreased slightly
.
compared with $5,985,996 at
sented
of
; ;
current assets of the company at
years.
net
5-
2
' *
1819.
p.
March
and
AND
Trust
Detroit,
Co.,
7,
metal
1946,
for
mouldings.
T?
/
Mich.
The roller chains are the latest
They are manufactured
braces, and bicycle roller chains.
addition
on
the
to
company's
The
is
company
formed
early
in
manufactured
its
of
by
sold
and
such
well-rated
included
the
Smith
metal
and
agreement.
>
paftnership
Smith which
of
Leo
a
At
mouldings.
thi
ihcep-
products were moulding for
mouldings, stair nbs-
partnership's
linoleum
business
of
D.
Harold
license
exclusive
an
roll-formed
the
as
jobbers
products.
of
under
continuation
a
1945
business,
use
line
machine
automatic
an
was
the general purpose
Company's present
carpeting
and
The pai tnership marketed its products through
coverings from coast to coast and also
floor
of
such well-known companies as S. S.
Green Co. and Montgomery-Ward.
The rapid expan¬
partnership's business necessitatted an an increase in
capitalization and resulted in the incorporation of the company which
took over all of the assets and business of the partnership.
Its
among
H.
customers
L.
the
of
CAPITALIZATION
GIVING
TO
EFFECT
PRESENT
OFFERING
/p
Authorized
Common
As
stock
of
Feb.
of
Corp.
262,572 shs.
(par
March 16 voted to change the
from
$1 to $2 per share and
to
shareholders
the
of
proportionately
tribution
the
stock
Shareholders
All
deposit
28,
fcommon
standing.
..
1949,
Outstanding
375,000 shs.
par)
authorized capital consisted of 100,000
$1) of which 83,300 shares were out- '
par Value of
the
common
stock
increase the
authorized common stock to 375,000 shares,
of which 41,650 shares,
of
which
41,650 shares were
then outstanding.
Shareholders also
voted
to
approve
the acquisition as of Jan. 31,
1949,
of certain
assets
of Smith Roller Chain Corp. in exchange
for 95,922 shares,
of the company's common stock
($2), thus increasing the outstanding
common
stock
to
137,572
shares.
These 95,922
shares
were
dis¬
tributed proportionately to the
shareholders of Smith Roller Chairi •
shares
;
($2
in
a
total
Roller Chain Corp. are to
shares received in the dis«
Smith
of
of
50,000
escrow.
...
' 5
the terms of the underwriting agreement, com¬
put in force a dividend policy calling for cash
quarterly dividends on the common stock of 5 cents per share, be¬
ginning with the first quarter following the completion of the public
offering in the. event that sufficient earned surplus is available and
continuing so long as in thfe judgment of the board of directors the
earnings of the company Justify such payment.
pany
cash
or
assets
to
Jan. 31, 1949 were $9,131,the end of the preceding year, and
current
liabilities
was
3.3
to
1
as
com¬
The increase in net current assets is largely repre¬
securities.
During the year, in anticipation of its current building and expansion
the company materially strengthened its financial condition
by issuing 15,000 shares of 4%% preferred stock for $1,431,484, net
after expenses, and by borrowing $2,500,000 on
long-term notes.
company
000,
has
substantially
compared with $3,500,000
reduced
its
readily available,
inventory position.
Mer¬
are
now
at Jan. 31, 1948.
The company intends
its conservative buying
policy of limiting purchases to the
po'nt consistent with its high standard of customer merchandise
25c
6-20
6-
1
to
$1.12'4
6-15
6-
1
lowest
$1.12%
6-15
6-
1
service.—V.
continue
168, p. 1589.
machinery
new
and
to be used for payment of current
working capital.—V. 169, p. 1998.
are
Southern Bell Telephone & Telegraph
Uncollectible
reV._
oper.
Co.—Earnings1049—3 Mos.—1948
1949— Month—1948
Operating revenues
$20,738,253 $17,529,159 $60,299,178 $50,441,256
78,909
60,939
218,368
182,713
Operating revenues Ji $20,709,344 $17,468,220 $60,080,810 $50,258,543
16,007,460
14,166,299
46,249,694.
41,260,779
taxes
2,508,369
1,797,036
7,416,350
5,131,102
Operating expenses
_
Net! operating incomeNet after charges
—V. 169, p.
$2,193,515
1,764,330
1712.
government
practically all lines of merchandise
to
agreed
PURPOSE—The net proceeds
Southern California Edison
program,
Since
has
Operating
chandise on hand and in transit at Jan.
31, 1949 on the basis of "lastin, first-out," amounted to $4,220,723, compared with $4,477,390 a year
ago, and commitments for mercliandist purchases at cost were $2,050,-"
8
and
The
$11,634,470.—V. 169,
Period End. Mar. 31—
the highest in
the
6-
cash
of
incorporated in MIchi-,
of manufacturing tollproducts include metal,
mouldings and trim for household and industrial uses, bicycle fendera
'
;
5-17
a3%
tBased
current assets amounted td $14,117,429, <
government securities, and current;
excess of current assets over current
1949,
31,
$2,482,959.
Detroit
formed
Friedmann, President, said in part:./
3
6-25
was
liabilities,
6-
4-22
March
BUSINESS—Corporation
gan
1,230,316
•Earnings per common share
•After
1948
1949
-V
sales
25c
1
$1.47
Canadian taxes on Income.
and
HISTORY
1,897,704
487,393
5-14
7-11
$7,366,298
733,653
$1.39
^
1946
$5,396,646
470,896
$0.94
1947
$7,764,485
858,892
$1.73
1948
Transfer agent,
6,425,402
260,570
$1,494,615
ry.
5-14
6-
depletion.
before
(& Subs.)—Earnings—
($2).
par
1949—3 Mos.—1948
1
50C
but
shares outstanding.
$4,847,094
$5,949,715 $15,654,546 $15,632,760
3,311,899
9,954,061
9,207,357
5-31
*40C
depreciation,
1949
■">
share_
com.
were
Kresge,
6-
Ltd.—
and
Mich.—
Stock Offered—Charles E. Bailey & Co., Detroit, Mich.,;
on May 9
offered 125,000 Shares of Common Stock at
1711;
3iy4c
•
.
Co.,
6-
"
ings and curtain rods.
income
The
<
taxes
695,118
497,000
liabilities
$3,779,735
95,622
Net
4-25
25c
all
$6,892,382
per
NOTE—On
1949—4 Mos.—1948 <.
$4,337,091
$4,103,000
$3,422,876
84,114
—V.
5-16
15c
:
1949—12 Mos.—1948
$52,630
$85,136
$0.04
$0.07
$51,914
$0.04
Nil
profit
household
29,764
'
5-16
t$2.50
of¬
DIVIDENDS—By
6-13
6-30
tAfter
,,
$1,565,003
2
t70c
being
now
are
1949—3 Mos.—1948
"$33,103
share___
per
including
^
$1,464,840
29,775
5-18
$1.061/»
and
shares
(II. D.) Smith Manufacturing Corp., Roseville,
income-
5-28
5-16
$1.50
Co.,
&
1
1
;
common
Combing Corp of Canada, Ltd.
(F. W.) Company (quar.)__
W.)
6-
6-
(s-a)____—;__
Wool worth
(F.
6-15
The unsold
28,01,0 shares were sold.
425,940
21,367
167,598
Deducts,
2
25c
Industries, common (quar.)_
preferred (quar.)
Woolworth
2
5-
conv.
Woodward
5-
5-16
common
4y2% preferred
(quar.)—
$4.80 preferred (quar.)
5%
5-14
into
1997.
p.
sales
on
par
from
Gross
1
15c
split
were
169,
loss.
tEarns.
$100,994
175,070
123,714
7-29
6-
HOC
preferred (qucr.i —
3.60 %
preferred (quar.)
Wisconsin Power & Light Co.,
Wood
8-15
6-15
62 tic
(s-a)
6%
Woodall
$314,893
Def.2,525
Years Ended Jan. 31—
___
<
$23,380
43,627
723,700
2
4-29
.
$1.25
(extra)
Bankshares
Wisconsin
$1
Net ry. oper.
5-10
5-16
*25c
&
$91,306
2,637,816
100,700
804,515
Co.—
(s-a)
$4.25
preferred (quar.)
Winnipeg Electric Co., common (increased).
5%
non-cum.
preferred (s-a)
Winters
T 5-
5-14
25C
Machinge
preferred
5 %
Ltd.
Company,
Wisconsin
251,437
charges
p. 1711.
Total ry. oper.
4-29
5-16
10c
Sewing
Ltd.
Wilson
Wilson
Wilson &
381,921
5-15
15c
(quar.)
C.),
81,100
rev.
6-14
10c
Company, common
B.)
preferred
1,888,763
'
10c
I
(quar.)
convertible preferred series A
Williams
1,947,682
5-16
1
12 tic
(quar.)
Co
(quar.) '
&
649,073
taxes
Non-operating
*$1.12(4
1
Co.
Co.,
Common
676,689
Deducts, fr. ry. oper. inc.
.
..
(quar.)
$3 pef share of which
on 1,220,467 shares Of $5 fcar Value
common stock outstanding.
169, p. 1012.
;.v
•Net
$2,241,194
3,323,932
5-24
6-10
50c
(quar.)_
,
_
Baumer
Willcox
$2,644,496
9
(quar.)
Oil
&
$753,553
____
% Ry. operating income-
9
1
Whitehead BroS. Rubber Co.—
Will
Net
3,276
$5,751,051
•
Wilcox
•Net
$2,244,470
5,667
revenues-
9
66-
at
shares
profit
—V.
1949—3 Mos.—1948 V
$2,650,163
operating
ry.
-
per
3 Mos. End. Mar. 31—
1,314
operating expenses-
Other
*
filed a letter of notification with the SEC
stock (par 5c) and options for 107,562
9
common
tBased
the
of
excess
$754,867
Other Federal taxes
5
87!/2C
50c
lEarnings
5-16
95c
redeemable preferred
Whi taker
5-
6-15
of
Period End. Mar. 31—
tNet
122>183
expenses
Federal income
6-16
1
5-15
50c
Corp., common.
(quar.).^'
-
(Geo.), Ltd.—
4>/2%
White
A
7-
15c
May
on
,
$890,178
revenues
p.
1949 were 328, against 319 a
30,
Silver King Coalition Mines Co.—Earnings—
1,499
State, county & city taxes
2-1
2-15-50
$1.25
(quar.)
Brake
preferred
Weston
in
dealers
$1,302,509
169,
Subs.)—Sales
shares
fered.)—V.
&
Westinghouse
3 th %
.
$1.25
Western
f
and
(1949—Month—1948
Net
1
$1.25
$1.25
_.
operation at April
shares
at
70,990
subscriptions books have been closed.
Ry.
2
(quar.)
be
Corp.—Earnings—
rev—
Period End. Mar. 31—
2
—
Stationery—
preferred (quar.)_i__
I
Utilities, 6%
preferred
5%
2
75c
(quar.)
(quar.)__
5%
A
sales,
Ry.
(quar.)—:—
preferred
5-
.
(owned by Michael Kaplan and sold for his benefit);
& Co., New York.
The stock is to be
share and the proceeds added to the general fund
used in expansion 6f manufacturing facilities, working capital,
[In
September, 1948, 99,000 shares of stock
(par 25c)
were
sion
6-16
1
in
company
offered
St. Louis Southwestern Ry.—Earnings—
5-15
6-
units
425,940
etc.
5-31
—
A
to
amendment
^-V.
50c
75c
financial
and
attorney
of
1949—Month—1948
1949—4 Mos.—1948
$4,091,541
$2,942,461 $10,085,130
$9,514,829
$3.69
$891,677
oper.
Sales
$1.12(4
common
5%
5 %
institutions
such
Period End. Apr. 30—
;
charge
before.—V. 169, p. 1712.
tion
$1.50
(quar.)
N. Y.
Boston,
the investment banking field,
Underwriter, Willis E. Burnside
16,
$1.50
(s-a)
Electric Co.,
preferred (quar.)
:
7% preferred (quar.)___j
West Virginia Coal & Coke (quar.)
West Virginia Pulp & Paper—
6%
in
offered
Rose's 5, 10 & 25-Cent Stores, Inc.—Sales—
'
Western
An
—
Penn
West
3b—
sales
common
5-27
V
i
Jr.,
6.843,171
.
Manufacturing
and
in
underwriting department for
Philadelphia, members of thhe New York Stock
director Of Gerity-Mlchigan Corporation, Adrian,
Thompson,
4,197,452
value, to holders of each share of record May 16,
1949.
On May 3, last, the stockholders approved a proposal to change
the
authorized
common
stock
from
1,250,000 shares, par $1 each,
to 2,500,000 shares,
par $1
each
to effect the two-for-one split-up
of the issued and outstanding. 562,087 shares (Including 16,100 treas¬
ury shares).
'
The New York Stock Exchange on May 6 directed that the common
stock be
not quoted
ex
said distribution
until further notice; and
that all certificates delivered after May 16, 1949 must be accompanied
by due bills.—V. 169, p. 1491.
/
•
8-11
1
6-
169,
share, of
6-15
8-16
t$1.75
(s-a)
for
to the certificate of incorporation will be filed on
1949, pursuant to which each share of common stock, of $2
par value, will be changed and reclassified into two shares of common
stock, of $1 par value, by the distribution on May 16, 1949 of one
4-30
35c
Co
Wentworth
$4 preferred
after
May
1
5-14
r
1
10-15
t20c
:
7-15
12 tic
York
experience
$3.34
Ronson Art Metal Works,
5-16*
:•
&
Company, ^
,
convertible
preferred
from
for
Net Oper. income
Net
5-14
6-
12»/2C
RR., com..
'.
1
6-
20c
i.
New
of
broad
liabilities
3
$1.13
common
Treasurer
Sightmaster Corp., New Rochelle, N. Y.—Files—
1948
5-16
1
Nolan
with
Brothers,
Retail
year
5-10
6-
•
Treasurer
6,395,468
share..
revenues
Operating
5-20
75C
new
has been associated with the
and a director of the Corn¬
and a director of Air
capacities,
Pennsylvania;
•After provision for Federal
6-15
5
three
of
1996,
p.
Operating
$1
(quar.)
received
Uncollectible
Operating
25c
or
3,804,630
common
reserved
169,
—V.
Ltd., 80c class A (quar.)
Knitting Mills (quaf.).
Wellman
been
25c
,
...
as
Shoe Corp. of America (& Wholly Owned
$45,839,167 $50,255,471
Period End. Mar. 31—
i
5-10
40c
Co.
Period End. April
Retail
5-13
6-10
various
in
Corp. of America;
L.
Cary
The
1949
taxes.:
Rochester Telephone
7-15
40c
election
the
follows:
announced
6
Simonds Saw & Steel Co.
5-12
.
3hanghai
Exchange;
also a
Mich—V. 168, p. 949.
5-20:
6-20
Waterous,
4%
6-
$1.25
(increased)
(quar.)
Corp.
'Common
•
—V.
6
5-31
(quar.)
Company,
Waterloo, Cedar Falls
Weeden
5-16
6-
6-20
.
preferred
Wayne
amount
SOc
Worts, Ltd.—
preferred
D.)
have
Corp.—
Petroleum
Warren
1-
5-14
6-1
5-27
...
(quar.)
J.
Salomon Bros. & Hutzler, as representative, announced May 5 that as
subscriptions to the 50,000 shares of 4% % preferred stock, series G,
1
6-
the
B.
Chemical
William
16)
page
May
on
board of directors,
its
years
many
consultant
.
6-15
$1
(quar.)_
'.
Pictures
convertible
12-
+
common
(Northam)
12-10
115C
to
Knox
Commuting, Inc., Westchester County Airport,
!
1
10c
Ltd
4%
preferred (quar.)
Walker & Company, common
Walker
9-
1
(quar.)_
*
of
Operating
Corp.
Mines,
9-10
,
L_
■
wall
Rochester Gas & Electric Corp.—Stock Sold—
i;
37V2c
$5 preferred
(ouar.)
Virginian Railway Co.—
6%
preferred
(quar.)
Vogt -Manufacturing
6-
30c
Dare Stores, class A
Electric & Power, common
v
For the three months ended March
31, 1949, net profit was $1,131,725,
or 99
cents per share, compared with $1,518,631, or $1.33 per share,
for like period in 1948,-r-V. 169, p. 704,
•;
6-10
25c
(quar.)
Iron Co.—
&
6-20
$1.25
•
Co.
(if approved),
provisttm at fytftrfctu 31, i949, x>f $lo0,0oo and at March 31,
$450,000, for replacement of "last-in-first-out" inventory, on
estimated replacement costs on such
dates, respectively.
$1.25
5%
Vemey Corp. 1
Viceroy Manufacturing Co., Ltd
Vick
'
supervise
also
Phagan, late Chief—Renegotiation section, Eastern
District, Army Air Force; senior partner of the firm of Phagan,
Tillison & Tremble of New York,
accountants and tax consultants;
a
director of
the Industrial Bank of Commerce of New
York, and
•After
1948,
$1.25
,
_
Col.
5-13
62'/2C
corporation
members
Corporation and
,
profit
Net
5-28
62'/2c
(quar.)
The
Non¬
income tax.
before Federal and State inc. taxes.
Net
5-14.
.
8
Co
preferred (quar.)
preferred (quar.)
1
6-
62 V2
...
tax.
source.
Corp, of America—Plans Private Financing—
•Net profit
1
6-
SI
Vanadium-Alloys Steel
(quar.)
Vapor Heating Corp., 5% pfd. (quar.)__.__
5%
6-
t2'/2c
_
(quar.)
preferred
Jamaica
Nine Months Ended March 31—
;
5-16.
1
6-15
22 V2C
...
preferred
the
Reeves Brothers, Inc. (& Subs.)—Earnings—
'/,
Net
prior
non-residents'
at
5-10
5-25
1
P. I., office, from which he will
Hongkong areas.—V. 169, p. i567.
Seminole Oil & Gas Corp.—Three New Directors—
dividend.
Canadian
deductible
amount of bank loans.
Also uhder discussion is an additional
$20,000,000 of debentures, the proceeds from which would be used to
increase working capital.—V.
169, p. 1996.
6-151
5-16
$1.06V4
prior
this
15%
tax
similar
6-30
•_
prior
.
5%
•5 %
for
The corporation of America is reported to be
negotiating the private
placement of $40,000,000 of debentures through Lehman Brothers.
Proceeds of the debenture sale
would, it is said, be used to pay off a
5-25
/"
50c
•____
and
Buckley
Inc.—
Mines, Ltd.—
Knitting Co., common.
5-16
■
50c
(quar.)
Upper- Canada
Utica
30 %
General
5
$1.50
(quar.)
closed
Funds, less
(Continued from
5-
5-20
25C
preferred
6-15
for
"
90c
$1.25
Morris Plan
5-16
1
6-10
$1.75
Co.
Co.,
Less
x
5-16
60c
4VW preferred
(quar.)..
Universal
Winding Co.,
common
Manila,
5-16"
6-10
SI
Co.
7-20
Investment News
6-10
$1.50
Roosfevfelt, formerly associated with William P. Hunt
has been appointed Vice-President.
He will be in charge of the
Co.,
7-30
._
$
538,427,826
Security Banknote Co.—Roosevelt Vice-President—
37'/2C
(quar.)
$
1712.
p.
Cornelius Van S.
15%; resident tax 7%.
-
f 15c
Oil
not
S.
6-15
...
Universal
Tube
&
books
6-15
1
7-
pfd. (quar.)
pfd. (quar.)
5-31
(quar.).
6-1
conv.
4%
preferred
5-16
(s-a)
5-16
6-15
169,
V
5-16
5-31
10c
SOne share of Madison Gas & Electric for each 25 held
Less British Income tax.
Radio
(Del.)-
Inc.,
Special
.
7-
6-15
1
1
_______
Inc.
Corp., Ltd
5-31
10c
11-30*
7-
56V4C
(quar.)'
Lines,
Wallpaper,
Universal
12-20
6-15
(increased)...
10C
___
—V.
1949—3 Mos.—1948
$
194,643,917 203,959.255 492,496,621
—
I
8-31*
$2
(quar.)
common
7-20
a
5-31*
6-
_
1
Sales
5-31-
9-20
$1
preferred
United Stores Corp., $6
United
6-20
6-20
.
62 '/2C
,
6-20
8-
*
$
5-20
1
&
in U.
resident tax
Bumper Co.—
.
U. S. Truck
United Steel
4-30'
35 cr
common
1st
preferred
Steel Corp.,
S.
5-15
75c
(quar.)
Co.,
U. S. Spring
6-15
50c
i
1
7-
________
_
^Payable In Canadian funds,
4-30
25c
■
■
preierred
1
7-
50c
1
tPayable
,
5-15
75c
L_—-Li
___
(quar.):
Co.__^
6% jmn-cum.
U.
5-18
5-27
75c
(quar.).l
Co.
Printing & Lithograph Co., -common..
S.
1
6-
25c
,
convertible
1949—Month—1948
1
25C
Co.—
•Transfer
V
30c
(s-a)
'
Potash
5 %
.
22»/2C
Niles
Youngstovvn Sheet
75c
Foundry
Extra
S.
-
Sears, Roebuck & Co.—April Sales Declined 4.6%—
Payable of Rec.
25c
t
55
-
,t
__
Pipe
S
'
&
Cab
6%
5-10
5-10
6-
50c
*
,v_-
______
Special
U.
•
1
1
6-10
$1.06 'A
(quar.)
(quar.)___
common
(s-a)
.
Quarteily
Quarterly
U. S. Playing Card
U
'
Yellow
10c
Loan
Extra
7-
$1.75
Machinery Corp.—
4participating preferred
U.
5-10'
1
7-
$1
*
4-30
6-
62 %e
(quar.)____
common
5-16
3c
(2147)
Holdera
Period End. Apr. 30—
(quar.)
._
Wysong
//":;
Delaware, series E
Worsted
Extra
.U.
;
Share
Jr., Company—
(monthly)
(monthly).
(monthly)
Common
2',2 %
—
Company
When
(Wm.)j
7-
a
Pacific
Payable of Rec.
al7'/2%
_
CHRONICLE
Per
Wrigley
(final).
FINANCIAL
Holdera
Co., Ltd.—
registered
Extra
United
When
COMMERCIAL ■&
The
Office
its
company
a
May
5 filed
with
$6,414,766
5,196,545
$3,866,662
2,658,944
.
.
stock
•*
Co.—Registers With SEC—
the SEC San Francisco Regional
registration statement proposing the sale of 800,000 shares
common
The
on
$1,504,885
1,069,947
*
of
($25 par).
named
as
the
principal underwriters.
The public offering price 'and the
underwriting terms are to be supplied by amendment. " '
'
Net proceeds of the financing will be used to finance, in part, the
company's construction program.
For the years 1946 to 1961, this
program
involves
estimated expenditures of $254,800,000;* ttf
this,
First
$147,202,000
authorized
Boston
had
for
Corp.
been
and
made
1949-1S51.—V.
by
Harris,
the
1C9,
p.
Hall
end
cf
1890.
& Co.
1948
(Inc.)
and
are
$107,598,000
is
(2148)
56
COMMERCIAL
THE
Holders
cf
Co.—Rights to Subscribe
stock of record at the close of business, May 13,
right to subscribe, for a period of 15 days, for common
($4.50 pari, to the extent of one share for each four shares held
.shall
of
have
stock
and
in
where
addition
under
primary
a
holder would
any
additional
entitled
be
to
fractional
a
E.
number
of
shares
subscribed
allotment—V.
to
169,
under
for
the
rights
to' subscribbe,
H.
the
Electric
totaled
this
ot
outuut
week
the
compared
as
last
year,
ended
week
with
increase
an
May
4,
kwh.
2,592,000
14.5%.—V.
of
1949,
1998.
p.
has
SEC
to
request
additional
issued
order
an
hearing
a
upon
of
shares
141.858
giving interested persons until May
the proposal of company to sell an
its
common
stock
($7.50
par;
to
its
to
he
reported,
supplied
by
share
the record
amendment,
the
for
date
subscription
and
offering
being
terms
the
on
are
basis
of
of
shares
18,378
of
for
$13
pay
effective.,
for
each
amount
of
Under
share
with
agreement
such
agreement,
preference stock
of
debentures
commission
each
of
will
from
and
purchased
issuable
the
from
range
30
from
cents
Texas
18,378
50
in
respect
shares
$2
cents
to
for
each
$1.80
to
Public
Service
purchased
for
share
stockholders;
from
the
com¬
3 Months Ended March 31—
Net
income
new
construction
sidiary,
and
each
additional
for
held.
shares
ten
Proceeds
investment
in
its
INCOME
CONSOLIDATED
sub¬
1948
$28,320,104
-—
$23,194,932
underwriting commissions are to be paid by the company.
the company's offering of the 18,378 shares of prefer¬
will
be
utilized, to the extent that they shall suffice,
the underwriting discounts and commissions payable to the
and
the
Southwestern
received
Gas
SEC
Development
Earnings
The
7,342,745
and
iaxes__
5,593,829
12,856,756
other
Operating income,,
Other
$5,928,478
their current
in
the
1949
$6,088,448
$4,989,237
1,471,411
956,919
$4,617,037
$4,032,318
1,411,712
income
Gross
Interest
and
;.
other
income
Net
Number
of
1,409,212
$3.27
——.—
deductions,,
$2.86
_——____
Co.,
incident
expenses
Amarillo
authorization
Co.
(New
Oil
to
Yorki,
Co.
and
issue
3%
note
sory
handle
..
shares
common
Earnings per common share—
INCOME
ACCOUNT
——
(PARENT
ENDED
COMPANY;,
MARCH
12
MONTHS
1949
Operating revenues,,,
purchase costs
$19,425,842
$14,888,932
6,341,308
the
to
merger.—V.
169.
West
Texas
their
to
Gas
oper.
Other
depreciation and
costs,
"Operating
income
Net
.
income
Gross
and
—
1
:
other
8,575,946
649,320
p.
169,
620,328
$5,157,908
$3,864,508
937,730
.
.
489,285
deductions
$4,220,178
per
—V.
$3,244,180
_
income
Earnings
7,227,123
$4,508,588
income
Interest
taxes—
___—.
$3,375,223
$2.99
$2.4u
share
common
1998.
Southern
(Incl.
separately
Transportation
operated
Period End. Mar. 31—
>
System—Earnings—
solely controlled
affiliated
shares
Southwestern
parent,
1949—Month—1948
Oil
will
par a five-year 3%
the
consideration.
and
Southwestern,
163, p. 112.
note.—V.
States
(approximately
Amarillo
Telephone
$339,162
issue
and
unsecured
169,
dividends
oper.
revenues—
Ry.
oper.
expenses——-
45,608,100
48,848,431
sole
at
Pan¬
stockholder,
Co.—Stock
Offered—
for
new
Rights expired May 7.
for 8,905 shares and the
The
each
36,229,440 106,099,602
36,134,461
Sell
Bonds
for
made
stockholders
the
Privately—Arrangements
sale
institutional
to
ojffice,
Agents—Company's
Francisco," and Republic National
Bank
Bank
of
and
cisco,
and
America
First
have
investors of
been
$600,000
bondsi due 1975.
Transfer
Operating
Income
Other
9,473,639
National
National
Trust
Bank
in
Dallas,
of
18,682,122
Texas.
Registrars—
1949
is
in
that
this program
<b>
of
excess
expected
Unemployment
ins.-—
02,708
depreciation
% :: ■">,
remaining funds required
obtained from
the
sources,
(expected
cash
(a)
principal
to
approximate
of
hand
on
items
for the
$330,0001
$600,000 of
of Dec. 31,
as
which
of
completion
accruals
are
and
188,257,737
3,558,681
,•3,740.621
1,525,967
State,
income——„
;
—
.
first
3'/2%
mortgage
Authorized
county
taxes
and
city
Joint
rents
1,715,380
1,469,045
4,901,378
4,383,018
83
119
Crl0,043
rents
series
1,302,836
2,960,772
3,675,620
105,666
113,482
300,504
339,495
due
(net)
due
1970
due
income
3,803,441
5,118,966
5,112,908
$1.20
dividend
not
stock
Class
A
stock
(par $25)—
(par
2,187,671
2,175,940
3,328,944
3,170,156
7,294,906
8.441,852
15,049,124
57,824
172,866
(par
income
on
1948
and
Fixed
1,586,655
5,108,603
4,755,717
r
■
5,991,112
deducts.—
charges
Net
—
Income
of
Transports
j
•Net
income
controlled
64,532*
1,703;254"
the
sale
of
JConsol. adjust.
Other
Net
3,160,382
9,989,689
330,649
Dr350,503
175,126
Other
71,017
71,017
213,050
213,050
Provision
<Cr)___
Total
is
of
Subscription
Consol.
net
•Excluding
income-—
S.
P.
4,327,316
R.
R.
Co.
6,052,093
Mexico.
of
bonds of Pacific Electric
Ry. Co. not credited
to
income
of S.
At
of
the
annual
offset
the
Since
in
the
attention
the
railroad
higher expenses.
of
and
v
<
to
the
'
11,
the
stepS
;
A. T. Mercier,
mounting costs
being
taken
to
1940,
prevailing—which will be accentuated when the 40-hour
week for
non-operating employes becomes effective Sept.
1, 1949—plus
the greater costs of materials and
supplies, still other means must be
employed to keep income in proper
relation to
war
June
this
in
outgo.
mind, lie
improvement
annually
the
projects, completed
Southern
Pacific
is progressing a
post¬
more
than $35,000,000
$95,000,000
on
various
As the principal
undertaking in this
calculated
expenditure
under way.
or
program, large-scale
is expected to bring
tion
said,
program
through
to
of
3,449
1,196
6,067
1,147
$513,316
$559,017
$645,711
135,201
152,994
165,917
offering
shares
shall
shall
event
well
now
162,628
&
101,994
90,078
139,363
5,811
share
per
the
the
at.
month,
If
the
than
be
10,
vously
Cr48,3l8
advanced,
annually.
In
as
successor
Telephone
San
and
a
plan
Principal
Francisco.
is
local
On
business
Aug.
of
furnishing
of
certain
service
reorganization
executive
in
the
to
by
the
for
one
economies
169,
UNDERWRITERS—The
of
Arkansas, Louisiana,
company both
lines of the Bell
the
names
the
ot
Co.,
but
to
less
their
G.
H.
Co..
System
stock
and
own
present
The
pay.
share
Bernet
Dewar,
&
&
their
offering
within
31,
will
than
full
a
annual
for
first
52
respec¬
169, p.
it
was
1950.—V,
20%*
Pancoast
15%
Co
._
Tlie
""
p.
shall
from
169,
9
Days End. Apr. 30
with
the
proceeds
$20
1949
Gross
—V.
revenues
169,
p.
1948
$7,687,481
1998.
Quarter End. Mar. 31—
Apr. 30—
1949
Net
1943
profit
Number of
Earned
Southern Union Gas Co.
The
company
covering
and
These
«f
May
$3,679,464
325,000
securities
filed
9
of
shares
of
are
a
sinking
$1
to
be
issued
proposed merger of Texas
Under
the
merger
properties
Union
.s
and
tc
other
issue
preference
by
to
Southern
assets
preference
stock
and
will
include
the
($1
Union
is
stock
serviee
306,622
acquire
1949
and
Public
in
Service
conversion
assume
other
of
of
a
prefer-'
liabilities,
of
1948,
no
for
more
payment.
shares,
1948
price
in full.
share,
at
$51.52
earnings.
each
Employees
subscribe
may
based
by
is due
weekly
the
on
first
Full payment
first
of
monthly
or
day
pay
for the
stock
and
payment
deductions
on
of
the subscriber
must
be completed
later
not
frond
than
May
-
Corp.—Registers Securities—
1
dividend
rates on the bonds and preferred
stock,
offering price and underwriting terms, are
competitive bidding.
public
the
by
of
the
sale
of
of the
the
bonds
preferred,
and
simultaneously
Staten
the
new
preferred
stock
common
exchange for the
standing 2,725 shares
stock
common
its
co
Island
holdings
prelerred
will
the
of
and
325,000 shares of
new
General Public Utilities Corp.,
parent.
latter's
of
(no
shares
of
stock
all
(no
the
of
par;
presently out¬
260,000 shares
and
parh
Proceeds of the bond sale, to the extent of
$1,500,000, will be applied
the payment of short-term
notes; and, to the extent of the balance,
to reimburse the company's
treasury for construction ex*
penditures and to meet the- cost of construction.—V.
169, p. 1713.
to
$1,250,000,
Sterling Drug Inc.—Division Increases Output—
Hilton-Davis
Chemical
Co., a division of Sterling Drugj; Inc.,. is
producing some 40 different: intermediates in its own plant
Cincinnati, Ohio, which formerly were
purchased from outside
currently
in
sources,
according to Ross Hastie, Director of Purchases.
on
tonnage, Hilton-Davis is now more than 75%
"Based
tained
on
raw
materials
used
in
producing
pigments and dyes,'' the report revealed.
Improved economical and standardized
carbon
under
the
and
paper
change-over,
textile
which
direction
of
has
industries
been
James
F.
in
its
main
service
has
Thompson,
the
to
during
the
Vice-President
^
self-con¬
of
organic
printing
made
been
progress
line
ink,
possible
past
by
year,-
and
Plant
1
h
..
The plan of the expansion
program still under way is to make the
Hilton-Davis operation as
nearly basic as is economically feasible, Mr.
Thompson has announced.—V. 169, p. 1492.
Stone Container
Corp.—Earnings-—
Quarter Ended March 31—
Net
profit
Shares
Per
after
194.9
1948
1947
$2,472,034
294,931
$3,135,328
$3,855,584
341,951
729,1915
70C,000
taxes
700,000
700,000
outstanding———
shaie
on
stock
common
$0.42
The balance sheet at March 31,
including
$1,642,906
$964,483.—V. 169, p.
cash
and
$0.49
1949, shows current
U.
S.
bonds.
assets
Current
$1.04
$3,299,965.
liabilities
were
1013.
Talon, Inc.—Earnings—
Quarter Ended March 31—
Gross
profit
Selling,
admin,
1949
—
adv.,
shipping
and
1948
1947
$2,030,586
$1,952,068
$3,013,024
Fed,
1947
expenses
1,062,952
and
profit—
926.349
882.795
S9S7.634
406,406
$1,025,719
State
$2,130,229
430,802
894,69(5
—
income
taxes
Net
income
$561,228
shares
per
$594,917
$1,235,533
outstanding
1,137,862
1,135,862
977,050
share
£0.48
$0.51
$1.24
common
169, p. 808.
1946
1,377,480
share-
1,377.480
$0.61
$0.66
$0.57
$0.26
Texas & Pacifib Ry.—Results from
Operation—
$356,105
1,377,480
$904,057
1,37 7.480
$784,545
shares_
114.
Period End. Mar.
Operating
Operating
Ry.
Squibb
&
Sons
(&
Wholly-Owned
Earnings—
Subs.) —
/
earnings after charges
Federal income taxes.-
tax
expenses
1949—Month—1948
$5,474,288
1949
4,992,579
accruals—_____
Net
1,693,704
Other
$5,177,073
$16,281,850 $18,731,432
12,923,945
14,110,320
594,320
1,039,609
1,818,539
305,237
645,256
918,611
370,209
>_
220,434
15,192
10,338
38,025
30,821
$530,616
$654,274
$1,635,015
$1,853,135
91,633
-71,190
257,205
219,989
$1,892,220
$2,0^.124
1948
$3,921,459
1949—3 Mos.—1948
$6,556,748
4,337,837
____
facil. rentals (net On
$8,873,893
3,696,820
——
31-1—
revenues
Equip, rentals (net Dr
Jt.
Net
$2,227,755
oper. ihcome_
income-—
ry.
Net
profit—
•Earnings per common share
•After
preferred
dividend
_
$2.95
requirements.
1
•
$1.13
:
.
■'
which
have
months'
been
excluded
from
the
subsidiary
.'
p.
of
the
for
the
income
$622,249
deductions—_r—
Fixed
charges.
$725,464
8,356
.
_
238,277
11,033
A
226,388
25,659
26.869
705,686
681,643
$1,160,875
$1,364,607
.
:
company
reported
earnings
period ended March 31, 1949.—V. 169,
Total
Misc.
%
NOTE—Common stock earnings for the nine
months ended March 31,
1948, included earnings of the
Argentine
T
general
1949—4 Mos.—1948.
1948
the
Service,
shares
among
com.
R.)
in
per
complete
her
or
the issuance and sale
to
Earnings
$838,570
p.
to
purchase
bid
average
paid
$51.52
recapitalization,-involving the delivery of $4,000,000
of
par
—V.
Nine Months Ended March 31—
terms
Union.
by Southern Union
assumption,
,
par).
under
to
Public
Texas
1964
169,
a
the
charges
com.
per.
(E.
SEC
1,
common stock and is to
«n^mnmrenf0i«f K-Qlicleq,fir^ k**®. is3UaRce
maximum of $3,679,464 of
debentures and
ence
of
the
July
into Southern
Union
Texas
stockholders
?}
debentures and one share of
thJv, ,!?,.$ervice
latter s
outstanding liabilities.
the
of
Co.
With SEC
with
stock
Southern
Public Service
agreement,
business,
registration statement
fund debentures,
due
cumulative
a
Soutnern
-r-V.
(Dallas)—Registers
after
and taxes
$8,345,658 $98,230,806 $107,176,056
and
the
closing
a
Operating
Square D Co.—Earnings—
-Jan. 1 to
the
the
above
of his
be
date
1820.
p.
determined
Common
Southern Ry.—Estimated Gross
Earnings
Period—
each,
the
Subsequent
$10,978,434 $11,660,456 $36,439,312 $39,486,880
1568.
$51.52
"
1949—Month—1948
•
—
169,
at
darning rate.
payment
interest
be
with
io%
_
"
Period End. Apr. 30—
than
for
corporation
together
15%
1890.
Sales
—V.
other
1949,
to
Spiegel, Inc.—April Sales Decreased 5.8%—
an¬
16,
May 9 filed a registration statement with the SEC
issuance and sale, at competitive bidding, of
$2,750,000
first mortgage bonds, duo
May 1, 1979, and 40,000 shares of cumula*
tive preferred stock ($100
par).
4Q%
__
.
&
shares
equals
required
year's
stock
weeks
be
15%
'i. Staten Island Edison
lines
severally
Hickman
Co
Robertson
employ,
May
stock.
considered
advances
subscribe- for
following May 31, 1949.
took
and others.
_
Schneider.
Cruttendon
its
to
up
more
month
any
stock
more
than
Payments
of
the
may
not
with
pre-
Oklahoma,-
its
over
underwriters
percentages of shares of the common
purchased by them are as follows:
—V.
1998.
p.
or
in
now
common
Mont¬
Telephone
the
be
&
South¬
company
of
nounced.—V.
those
subscribe
to
of
Sales
States
furnished
through connections with
Walker
to
300
office,
the
1944,
Delaware
operating public utility engaged in the business
and long distance
telephone and telegraph service
areas
is
in
24,
Southwest
Texas.
Toll
incorporated
$324,836
an
Prescott, Wright, Snider
addi¬
company is intensifying its
long-time study and application
labor-saving practices and devices. Mechanization of
working meth¬
ods, including widespread use of
freight-handling equipment and office
calculating machines, is effecting important
under
Co.
was
$253,737
wholly-owned subsidiary.
company
within
$246,244
BUSINESS—Company
properties
a
The
tive
1998.
subscription will be
of
per
Employees
this
$304,205
AND
1937
the
and
$1.42
operating
13,003,953
price be less than the par value of $25 per share.
end
the
price
$51,52
paint,
income
States
and
18,493,967
$2.85
monthly average of the daily bid price for the stock will be
beginning with May,- 1949, for each month through May, 1950.
the bid price of the stock declines so that
what has been paid in
If
200,754
24,000
taxes—
Fed.
Street,
of
37,106,904
$2.74
The
$644,564
$556,000
income
gomery
save
about
diesellzation of motive power,
about a saving of $26,000,000
the
$552,950
14,600
western
over
227,354
5,300,000
37,389,982
169, p.
Manager.
now
With
$512,120
income
■
he pointed out, average
hourly railroad wages have risen
87% ; fuel oil prices,
126%, and prices of other materials and
supplies,
89%.
Taxes have increased
229%. in the same period, it was stated.
Working forces are kept in balance with the fluctuations in
traffic
volume, Mr, Mereier explained, but because of the much
higher labor
costs
341,957
$552,551
income
profits
HISTORY
May
stockholders
industry,
280,436
11,150,000
256,121
P. Trans¬
Net
meeting of stockholders held
called
operation
555,989
12,750,000
taken
1,094,888
profits taxes
refundable
Improvement Program Under Way—
President,
425,375
271,602 %
%%
exc.
on
portation System.
.'
488,894
1945
$2,337,530
259,736
(net»__
for
for
%%
1946
$2,517,635
1,279,574
income
and
10,377,865
interest
I
1,523,999
charges
Credit
3,022,929
JRepresenting
24,021,321
price for the stock during the month of April, 1949.
price to be paid may be reduced below $51.52 per
share, but in
The
no
of
1,824,352
Interest charges
excess
J
bonds,
mortgage
CALENDAR YEARS
1947
305,394
income
5,650,427
None
'
$2,796,615
expenses-
operating
32,973
cos._
first
of
,
_
oper.
4,223,326
solely
40,000 shs.
$600,000
639,058
Depreciation
P.
System
of
affil'd
713,333
48,537,340
(est.)
opportunity
number
undergo
40,000 shs.
$li._
$3,321,355
revenues
60,000 shs.
156,000 shs.
1948"
Operating
Other
S;
574,622
365,742
1947.—V.
in
•Including contemplated
3Va% series due 1975.
303,718
income
22,733,366
765,923
average bid
>'
'?'
60,000 shs.
Maintenance
Total
Miscellaneous
47,405,675
Drl7,966
50,695,971
company
limited
to
600,000
40,000 shs.
250,000 shs.
$1>
stock
%•
;
series
common
%
'
'
designated
yet
11,878,968
income—^
oper.
10,962,217
Stanley Works. New Britain, Conn.—Stock for Empls.
The
r
1,000,000
—_
1975——
Cumulative preferred
Series
"Outstanding
$3,600,000
SUMMARY OF EARNINGS FOR
Ry.
Other
73,543,008
long-term debt.-—.
on
proposing
$10,000,000
1970.™
175
1,102,092
(net)
facil.
3
Common
———;
Miscellaneous taxes—_1
Equip,
series
3Va%
74,179
107,238,591
13,030,834
—43,752,272
"1,961,665
dividends
taxes
in
The
mortgage bonds.—————
3 Mi %
5,626,271
35,798
10,409
Other
171,821,647
111,385.138
16,186,707
unappro¬
CAPITALIZATION GIVING EFFECT TO PROPOSED FINANCING
1,952,943
51,573
1,525,967
296,158
1,276,999
2,619,353
1,117,392
Federal
•>
66,617
i
1947
123,318,758
.
amort-
income
from
directors,
up
$1,600,000.
the
will be
internal
Series
Federal retirement——
1948
s
miscellaneous income
shares
Fran¬
San
Texas.
PURPOSE—Company expects to use the net proceeds to defray
of the cost of
extensions, additions and improvements to its
during 1949,
It is anticipated that such expenditures will
Federal taxes:
included
were
Subs.)—Earnings—
—
properties
31,671,291
subsidiaries
\
.
Estimated consolidated net income
tNet income per share
San
Street,
Association,
Savings
Dallas,
105,934,882
12,618,991
those
.
Total income
that
Montgomery
300
part
First
Net rev. from ry oper..
SO.94
subsidiaries
.
10
remaining 47,095
the underwriters,
are
first mortgage 3M>%
137,606,153
3,174,527
unconsolidated
•Including $1,000,000 dividends from associated companies
in foreign countries. tBased on
13,654,150 shares in 1949 and
in the ratio of four
priated earnings, and (c; the sale
to institutional investors.
124,781,724
from
1341.
p.
bonds
Ry.
3,183,136
$0.86
sell
promis¬
Thereafter,
its
as
held.
To
for
1949—3 Mos.—1948
••
of
3%
worth
bping offered at $10 by
headed by G. H. Walker & Co. and
Schneider, Bernet &
Hickman.
;' % J'.V-":
1948,
companies)
No
year.
1943.—V.
vV
•■•: >
Gross operating income.—
Operating charges
Depreciation, depletion and
stockholders of record April 20 were given
subscribe for 56,000 common shares (par $1)
subscribed
of
$70,634,836
common
aggregate
Pacific
at
$10 per share
It
of
Standard Oil Co. of Calif (&
have
Co.
unsecured
net
acquire
dissolved;
the
rights to
4,417,629
Oas
Other
1948
income
net
Quarter Ended March 31—
and
therefor,
amount
the
Southwestern
at
book
payment
will
be
acquire
shares
31
In
in
will
$200,000
their
at
1948i.
Panhandle
The
and
$0.50
r
earnings of Standard Brands, Inc. for the first quarter of either
or
Federal
244,890
share—.—
sales
1947
operating outside the United States/converted into U. S. dollars, totaled
$7,363,869 in 1949 and $476,559 in 1948, for the first three months of
Interest
$4,744,347
159,970
income
per common
Development Co.—To Purchase Notes—
$3C0,000,
Oil
31,
will
;
1948
-
-
$62,906,640 $72,884,614
1,786,370
' 2,913,328
3,174,527
3,174,527
taxes
combined
promissory notes in the
$2,5o0,000, respectively,
the pro¬
ceeds to be used for construction and
working capital purposes.
Another
subsidiary,
Panhandle Pipe Line Co.,
was
authorized
to
sell all of
its properties and assets and transier ail its liabilities to
of
amount
and
after
Common shares outstanding.—
of
1271.
Dec.
15,048.881
—
deprec.
costs,
oper.
Birmingham
1949
revenues,
purchase costs
Other
for
used
ACCOUNT
12 Months Ended March 31—
Gas
be
Gas Corp.
Alabama
Operating
to
are
1949
sales
Net
Amarillo
one
(& Subs.)—Earnings—
(Including Subsidiaries Operating in United States)
stock
pay
p.
Standard Brands, Inc.
pref¬
The
Proceeds
Ainariilo
previously
stock
$1.50
pany.
stockholders.
As
will
debentures
of
underwriters
Natural Gas Co.—Hearing May 16—
Southern
The
16
becomes
principal
underwriters'
be
ence
to
balance
company.
into an
underwriting
entered
merger
the
preferred
the
for
169,
for
$100
and
by
share of stock of Texas Public Service.
one
The
for
company
kwh.,
2,968,000
corresponding
the
event
Monday, May 16. 1949
outstanding
now
& Sons, Inc., pursuant to which stockholders of Tex
voting in favor of the merger will be afforded the
selling the securities to which they will become entitled
of
$12
of
Service
Public
the
sold
has
underwriters
each
Southern Colorado Power Co.—Weekly Output—
The
be
Union
the
1712.
p.
$3,267,000.
to
and
of
of Texas
CHRONICLE
Service
privilege
in
is
FINANCIAL
Rollins
Public
share
of
amount
Southern
privilege
subscription
subscribe
to
bonds
mortgage
stock
erence
privilege will alford the right to purchase the next full shaae,
subject to allotment; and under a secondary additional subscription
privilege holders may over-subscribe for a number of shares equal to
subject
the
first
common
the
such
the
the
m
South Carolina Electric & Gas
&
608.
nine
Net
—V.
income—.
169, p. 1605.
$375,116'
4*$488,023
Volume
169
Number 4803
THE
Texas Power & Light Co.—To Issue Stock to Parent—
The
its
Texas
of
has
company
parent,
Pov.er
(no
interested
of
Texas
SEC
Co.,
par)
Proceeds
finance
to
Utilities
Co.
$3,000,000.
funds
given
requested
Texa6
the
until
sale
stock
will
be
24
to
issue
cash
a
used
with
request
sell
other
Merchants
Service
Co.
Proposed
Merger
Southern Union Gas Co. above.—V.
169, p. 2035.
—
See
directors
on
sales
Profit
1949
1948
$2,751,869
Net
income
lor
663,806
252,200
v1947
shares
per
$411,606
338,300
338,300
depreciation
BALANCE
and
$1.16
MARCH
31,
cos..,
and
other
$60,746;
of
corporation
$2,202,183),
taxes
trade,
$2,982,625;
$369,624;
$269,994;
taxes
income,
on
169, p,
■"Earnings
Water
The
wages,
Federal
$1,174,356
been
in¬
U.
S.
1,502,690
operating
May
on
G
169,
12,
Hart
Federal
Federal
Net
Earned
—V.
Estimated
cost
of
the
project
$84,340,300.
authorized
lateral
of
of
include
supply
Texas
and
711
lines
miles
running
Louisiana,
to
seven
26-inch
of
main
fields
gas
in
the
Lave
involved
to
main pipeline
a
between
cast
preference
Lake
alternative
an
proposal
that
Natural.
assured
which
would
r
;
to
be
•
.
p.
as
which
a
rea¬
1949
operation
of
well
"a
as
of
year
the
281,000,000 cubic feet per day
Trunkline
July
1,
1950,
ordered
the
to
ordered
was
and
to
submit
project
165,
and
by
months
'
-
'
offsetting
Ry.
Ry.
It
before
the
commencement
the
y
:;
'•
{J}
34,17+,,487
84,4,/,268
26,404,383
78,333,146
Other
joint
Net
inc.
from
■"Income^ from
from
7,768,104
6,144,122
2,461,424
6,544,324
7,000,000
7,422,140
668,684
2,348,947
2,374,299
:/^
5,413,582
■
income
Total
Fixed
and
Net
2,395,85)
;
1:3,749,149
2,460,951
359,978
-
6,299,737
6,785,238
128,492
chgs.__
518,911
Plan
774,421
4,423,654
529,228
14,047,128
1,561,870
1,586,999
7,650,503
4,198,^11
taxes.
INet
2.861,784
loss.—V.
169,
12,460,129
1492.
p.
May
Paul
10
signed
for
3
Gas
Cincinnati
under
for
which
share
the
on
preferred.
receive
&
is
as
basis
May
1S9, p.
A.
$76,750.
Marks
N.
Lloyd
has
of
Federal
of
J.
Murray Fred¬
attorney for the
is
situation,
$5,218,977
;':v
who
have
filed
the
at
to
169,
be
used
to
P.
additional
after
well
as
time.
the
financing
the
its
as
The
Public
sale
for
SEC
and
pro¬
con¬
date
in
and
Utility
half
over
the
the
of
prospectus
of
amount
in
the
of
amount,
will
that
the
Company
assents
to
on
$1
par
share
additional
Other
banks
have
the
stock
for
company's
May 21.
debenture
of
claims,
share
creditors
In
taking
on
and
based
each
the
would
stock.
of
on
A
a
the
plan
so
trustees
stated.—V.
plan
holders
of
in
March
a
cost
reduction
other
$1
in
within
nine
their
of
$4,310,000
in
has
received
169,
favor
p.
from
of
the
creditors
plan,
a
Washington
Stock
Gas
&
been
and
debt
Y
'
:
'■
v
and
th,e
witjty
paid
stockholders
of
A.
Smyth,
that
the
to
1949—4 Mos.—1948
1,
April
of
1949,
decrease
a
decline
1948,
of
in
business
of
and
the
and
for
Prpv.
higher
for
1950
makihg
the
past
reduced
was
and
$1,013,019
income
scheduled
in
total
a
two
Union
of
Finance
face
There
Income
INCOME
for
part
Co.
each
was
Wilmington,
for
Del.,
retirement
of
Ac¬
66
disposition of
in
the
any
$15,980,000
in
still outstanding
motion
of
stock
to
be
original plan United's
the package 3/10 of a
for
each
issuing
may
shares
cents.—V.
preferred
warrants
subscribe
held.
169,
p.
for
169, p.
the
final
1161.
.
of
the
plan
on
the
balance
of
each,
STATEMENT
"■1948
$47,221,824
33,179,668
expenses
34,145,557
________
6,718,450
6,260,152
3,531,145
,3,805,902
and
1,239,457
1,136,014*
/
701,681
721,603
921,500
962,000
-t
t$2,033,965
$190,596
271,558
.——
510,167
interest)____
reacquired
Western
Drll,464
interest
14,960
67,255
charges—_—
138,976
t$l,706,616
bonds
long-term
on
'
$854,699
844,262
operations
1,017,967
$2,550,878
$163,268
4,127,504
——__—~
transferable
period
charged
restated
to surplus——($2,550.878
$3,964,236
restated to conform with reclassification in 1949 of
to
construction and premium
or
discount
on
re¬
bonds;
Union
eliminate
to
thereon,
since
the
also
net profit
deduction
for
results
the
for
year
from sale of
real
estate
Federal
ctimated
indicated
1948
no
income
liability.
tNet profit from sale of real estate.
NOTE—No
liability
(Alan)
169,
for
Federal
income
tax
either
for
period
is,
1714.
p.
Woo/l Steel Co.
(& Subs.)—Earnings—
3 Months Ended March 31—
1949
1948
Net sales and operating revenue..,—_
$13,815,257 $11,372,954
Interest, rentals and other income—t 30,023
16,742-,
$13,845,280
Employee
costs
and
Interest, expense and taxes
—
on
2,612,123
7,174,486
332,429
1st mtge. bonds.
Miscellaneous taxes
91,519
81,651
68,548
999,000
485,000
92,000
45.CCO
$1-385,687
$672,110
—>—
Federal income tax——
Pennsylvania
$11,389,696
377,587
purchased
3,035,750
7,782,086
_—Y_:—_~
services
Depreciation and depletion
income
income
tax
—_——
—
_
—
March
9
has
as
yet
preferred
on
Dividends
—V.
company,
—,
stock
common
stock
on
per
169,
common
p.
87,954
share..—i
1821.
89,223
120,913
_____________
$1.21
$2.68
•
011
Y
was
hearing
confirmation
made
a
$1,000,000
been
(F. W.) Woolworth Co.—April Sales Increased 20.1%—
Period End. Apr. 30—
—V.
...
1949—Month—1948
$
Sales
—
-
—
s
53,215,266
44,317,314
1949—4 Mos.—1948
$
177,050,318
$
177,103,570
169, p. 1714.
warrants
package
the
nine
a
$1,075,000
1949
income
Earned
approved by Judge Coxe for submission to the creditors of the
company,
been accepted
by the holders entitled to vote on more than the
requisite two-thirds of each class of creditors. No date for a
on
of
of
of
construction—
current
Baiance
For
*•
value
$44,257,936
general
—
on
from
interest
com¬
amortization—_____
and
divs.
to
before
Deiicit
quarter
$316,887,
February.
$1,000,000 was
Corp., leaving
-_—
(chiefly
to
are
instalments
annual
operations———
(inch
charged
Interest
first
1953.
bonds
Interest
the
for
reduction
years.
repayment
four
discount
or
which
...
with
1951
and
maintenance-.
Earnings from
excise
rates
public $8,569,000 of the bonds of 1950, $16,224,00fk
and $35,000,000 of the bonds of
1960.
On
depreciation
Premium
generally,
wartime
wage
$746,176.
was
Reconstruction
to
deficit
January
Employees' benefits
Social security taxes^_^a__^'___-_—:•
Taxes other than social security & Fed. inc. taxes
Misc.
activity
25%
current operations
March
for
Gross operating revenues
Operating, .administrative and
Repair
,
the first three
with $47,221,824
$2,933,888, or 6.3%.
The
compared
effect
volume
for
,,
,
of $2,550,878, compared
with a deficit
operations in the same period of 1948.
1949
totaled
$15,673,710, compared with $13,-
of
payable
1950
1,
Deficit
1951,
a
the
from
Co.—Reports
$44,257,936,
net income
the
of
bonds
Dividends
Co.—Reorganization
trustee in reorganization of the
plan of reorganization, which on
■.
:
cepted by Creditors—
May 6 stated
-
deficit
1948.
ago
during
the hands
the
1,
a
bonds
Materials
representative
1821.
Electric
real¬
more
share
one
cash
and
fleet
new
current
reacquired,
$4,000,000
creditors
months.
claims
have
now
(Mo.)—April Sales Off—
May 11 said in part:
seryices to the public for
telegraph
March
year
been
iuilded
receipt
par stock,
debentures
of
in
total
to
$5,013,039, representing a.
the loan as of March 31.—V. 169,
of
basis
and
011
1948,
$1,220,972
Additional
have
in
March
with
indicated.—V.
discount.
far
in.
1
reported
reduced
from
Revenues
1 Deficit.
21—
awaits
and
new
debt
bank
to
loan
of
Telegraph
the
resulted
717,429
reorganization
a
majority of the company's
$6,000,000 Reconstruction Fi¬
50%
get
overwhelmingly
$4
same
an
$161,644
Debt—
effective April
1949
'1948
debentures, and stockholders one
presently held, plus warrants to purchase
$1,606,000
a
the
on
been
for
shares
ten
of
1949—Month—1948
Union
period
the
$163,268
pared
1946—4 Mos.—1948
Corp. loan secured by 1.200,000 shares of
recapitalization giving holders of $3,881,040 of
new
of
Co.
;
amounted
reflects
to
became
of
Over Last Year's—
the
May 9 to
confirmation
of
is
re-
due
surplus DC-4s, which
acquisition of an entire
the volume-depressing
telegrams.
Due
Act
$12,678,814 $52,225,448 $51,420.61C
from
of
plan
President,
was
$9,285,000 $10,377,000 $31,879,000 $35,035,000
Union
same
decrease
bonds.
new
states
Holding
1949—Month—194S
two-thirds
proofs
reduction
T,'' "'v
Marshall, President,
1949
April
$4,043,440
provide
at
nance
new
Corp.
.
/>.'■'■'•
2037.
p.
Western
2037.
Court
The
■■
COMPARATIVE
$53,000,000, slightiy
generating capacity.
financing,
extended
from
record
of
program
Finance
of
loan
1949—9 Mos.—1948
Co.—Registers Bonds—
bonds will
new
filing
District
assents
a
approximately 22%
acquired Western
for
been
fleet
-
following the
continuation
of
W.
1714.
deadline
a
sale
months
Additional
or
Waitham Watch Co.—Assent Deadline
May
The
fixed.—V.
stockholders
of
10
at
plan
included
currently
Cincinnati
the
warrants
the
Under
Electric
Gas
Court
stock.
securities
on
to
are
of Cincinnati
additional
price
issued
United's
holders
United.
June
be
would
preferred
of
cumulative preference
original plan made no provision
which
exchanged
share
in U. S. District
order supplementing
an
of
cmopany's
for
Western
N. J.—Pro¬
has
Leahy
corporation's $3
The
(Del.)—Supplemental Order for
Signed—
Judge
Albert
of
$465,457
Power
additional
such
can
Drinkwater,
•
Federal income
Corp.
the
on
Reconstruction
W.
in
$13,272,449
Nathan
United
for
i3
C.
$380,749
net profit for
maintain its present
a.
11.
improved
$321,417 and
Quarter—Reduces
is
6,972,970
1,387,565
4,727,439
all
_—
Excludes
of
provided
Terrell
May
showing
earnings
1929.
Net
from
sources
*
8,165,419
,
made
Walgreen Co.—April Sales 4.7%
remainder
_Y
other
income
be
of
year's
t Extraordinary
an
-
City,
subject to customer
business
conditions
on
this
51%,
rates,
on
1S48
$128,52)
—
char.ce
Three Months Ended March 31—
(he
01
p.
of
2,137,996
and
sources—
been
from
program is carried out,
will
be
necessary
nature
Votes
•
the
would
depend
23,036,176
500,000
investments
other
and
and
stockholders.
(net)-
has
$46,000,000
—V.
2,500,000
1,102.817
trans-
operations
gas
Inc.
sale
Improvement—Re¬
Convair Liner aircrait.
...
company "is not subject
of 1935."—V. 369,
101,x_2,672
78,026,496
facil¬
oil
the
of
mail
Western Auto Supply
$1.21
1949—Month—1948
Period End. April 30—
500.000
portation operations
its
P,
1,187.990
$0.03
708.
Eales
9,148,600
(net)
offer
&
Central
New York,
1949
—-
good
a
factor
revenues
repayment of
$1,499,047
opera¬
2,132.201
and
rents
ity
of
of
needs
plan
tuxes
Equip,
$98,340
1,207.990
1606.
p.
the
at
mail rates presently in effect' enabled the company to show an
operating profit of $15,651 in March. This contrasted with an operat¬
ing loss of $204,944 in the same month a year ago," he said.
The report to stockholders also noted
that Western has reduced
tax
33,445,158
taxes..
$721,720
1,206,190
$0.55
obtained
p.
made
istic
954,753
'■
24,296,558
income
134,848
expenditures, in part directly and In part by prepayment
notes to banks for construction
purposes.
Construction expenditures for
1949
are
estimated
at
$33,000,000,
cf
which
$13,000,000
is
for
additional
generating
capacity.
Con¬
struction expenditures for 1950-1951 are
estimated,
The
also
companies)
'i
revenues
from ry. oper.
410,388
19^"—3 Mos,—■"48
11
expenses—__
Federal
was
Lines)—Earnings—
between
accounts
oper.
rev.
166,
Mtg. Bonds—*
1947
company
If this
firm
oper.
Net
in
"The
$9,676,342 $15,800,762
233,188
2,453,801
May 4 filed a registrat'on statement with the
proposing the sale at competitive bidding of
$20,000,000 first
refunding mortgage bonds, series G, due June 1, 1979.'.
The net
of
by
tariff,
194°—Month—1i48
'
1
■
*♦
1951.
project
'
Period End. Mar. 31—
-
27,
the
1775.
p.
(Excluding
1
Oct.
and
"a
Union Pacific RR. (& Leased
v
.
job
approximately
rate is adopted.
of
The
which
by
plan of financing" for
including rates, charges,
services, rules, regulations, and service agree¬
days
approximately six
tions.—V.
the
construction
"definite
a
project
"rolled-in"
single
a
begin
complete
120
classifications, practices,
ment"
Trunkline
if
to
FPC
to
within
169,
that
offered
10
seven
of
reasonably adequate supply of
support its proposed project."
Contract
demands for gas on Northern Natural's
system, the Commission said, '
are expected
to be well in excess of 530,000,000 cubic feet
projected
daily capacity of that system and will exceed that
capacity in the
third
be
may
be
Inc.—Shows
-
has
Period End. Apr. 30—
Sales
1948
$12,723,235
Corp., West Atlantic
an
will
price
aggravated by
which
}
loss incurred during
the first quarter of 1949 was primarily
depreciation, insurance and other charges approximating $62,000
to
—V.
struction
to
with
and
Subs.)—Earnings-—
share
Virginia Electric
ceeds
economic
leasibility of the project"
equipment
complete line of Weldwood plywood
1714.
$665,381
—V.
Lines,
and
running approximately 200 miles farther
"Trunkline has demonstrated that it
possesses
market
which
is
adequate to assure the
natural -gas
lifting
of
a
_______
Sales
Charles, La.,
have
sonably
for
tho
Loan—
load
a
said
been
1,132,108
Period End. Apr. 30—
and Keokuk County, la.
Selection of
route,' the Commission pointed out, will mean a
;:aving *
of over $5,000,000 in
Trunkline's estimated construction costs and a
saving of nearly $3,000,000 in construction work which will
FPC found
has
Virginia Dare Stores Corp.—April Sales
Higher-
a
westerly
performed by Northern
warehouse
the
space,
Mingos, receivers, P. O. Box 352,
Pleasantville,
ericks, Schwehm Building, Atlantic
City, N. J.,
Gulf
Air
costs
month
a
of
equipment
of
"The
just
cf
horsepower of 44,800 and other appurtenant facilities.
approving the project, the Commission selected the
Edge-toin
has
May 27, at
information
for
company
Co., successor trustee, 70 Broadway,
-
with
He
the New Jersey Superior
Court, Schwehm Building,
New York and Atlantic
Avenues, Atlantic City, N. J., at 10 a.m., bids
will be received lor the
purchase of the buildings, lands and
premises
of
this
corporation, together with certain
specified
machinery and
is
with
installed
route
warehouse
pipeline,
stations
compressor
new
a
1714.
receivers.—V.
facilities
1949
level
due
that
modern
outstanding.,—__
Boat
tnis
2037.
-ported to stockholders
posed Sale—
On
'
redemption
Trust
p.
corporation
increase
floor
taxes
common
p.
Ventnor
Nebraska,
South Dakota.
per
full
&
Sales
shares
169,
the
169,
loss
tax
Commission
and
of
profit
Common
and
Minnesota,
$0.21
Corp.—Opens Main Warehouse
feet
_
of
Quarters Ended March 31—
This
the
taxes
of
Bank
Y.—V.
Net
1948
non-cumulative
before
properties
operating expenses.
sales
profit
surplus,
2054.
p.
totaled
107,166,800 kwh., an increase
of
103,741,000 kwh. for/the corresponding week
output of
169, p. 2037.
Western
$335,000
outstanding on March 31, 1949.
subsidy but are before provision for
____
as
Power
N.
to
Dec.
on
163,
York & Westchester Lighting Co. general
100-year 4% gold coupon bonds due July 1, 2004, have been
redemption on Jury 1, next, at 100 and interest. Immediate
for
Hanover
directors declared a dividend cf
50 cents per share
convertible second preferred
stock, pay¬
holders of record June 3. This
compares with 70' cents
29, last, and 50 cents on June
30, 1948.—V. 168, p. 1628.
$4.20
V.
Co.—Weekly Output—
1949
7,
$587,261;
shares),
745;
p.
the outstanding New
of
payment
Director—
shares
9 Months Ended March 31—
April 29 authorized the company to
operate a 711-mile pipeline from Edge,
Texas, to Pal¬
myra, Nebr., for the purpose of supplying 250,000,000 cubic
feet of nat¬
ural gas
per day to Northern Natural Gas Co. for resale in
the
All
mortgage
Wis.
169,
the
over
1948.—V.
before
$1.22
square
total, $4,393,805.
Westchester Lighting Co.—Calls General
now
Subs.)—Earnings—
announced
Milwaukee,
1949
sub¬
706.
a
May
(27,000
169,
electric
the
of
output
near
(Incl. domestic subsidiaries)
Trunkline Gas Supply Co.—To Build 711-Mile
Pipeline
From Edge,
Texas, to Palmyra, Nebr.—
Palmyra
the
1949
United Wallpaper, Inc. (&
Townsend,
area
0.40%
of
in
$1,855,000
common
products.—V.
May
the
paid
President, on May 10 announced the election
Assistant Vice-President in the
banking division.
Mr. Hart assumes his new
duties today (May 16).
Mr.
Hart
has
been
an
Assistant
Vice-President
of
the
Paterson
Savings & Trust Co. of Paterson, N. J.
Previously, he served as VicePresident of Central Trust Co. in
Cincinnati, Ohio, and prior to that
was State
Superintendent of Banks in Ohio.—V. 169,
p. 1492.
In
on
—
differential
30,000
able June 30
Net
William L.
total
income
net
United Stores Corp.—Declares
50-Cent Dividend—
On
—
of V.
allied
on
Title Guarantee & Trust Co., N. Y.—New
Official—
Coast
West Penn Electric
ended
stock
common
$4,393,805.—V.
total,
duces RFC
handling capacity, new
large loading doors. It will
carry
Co.—Proposal Defeated—
noted in "Chroncile"
company
opened in
Containing
-
miles
of $2,147,000.
the West Coast
$300,000;
Power
1949
85 stores will be in operation
(&
extensive
and
as
on
Net
The
shares),
week
consolidated
prepaid expenses and advances, $25,464;
$340,611;
deferred
accrued
(except
(less
est.
Power
(not 31/«%)
(estimated).
,
$10
$6,673;
possible subsidy recapture.—V.
169, p. 1493.
Co. — Correction
The-$1,500,000
bonds series of 1978 sold
privately April 1 bears interest
Iowa,
estimated
per common share
'Based
tlncludes
r
The
„
Quarter Ended March 31—
A
stockholder's proposal
recommending cumulative voting was de¬
feated at the annual
meeting held on May 5 by a vote of 5,601,861
shares or 96.89%
opposed to the resolution and 179,934 shares or
3.11% in favor.—V. 169,
p. 2035.
0
construct
$4.27
w
States Finishing Co.—Torgerson
tNet profit
1605.
Tide Water Associated Oil
Barnard
1,077,000
$4.80
$2.51
reports
United States Plywood
payable,
compensation,
Federal
$7,931 314—V.
;
474,000
177,000
_
share--—
SHEET, MARCH 31,
LIABILITIES—Notes
payable
(secured),
$2,861,000;
loans
payable
(unsecured), $205,000; preferred stock dividend payable (4/1/49), $3,000;
due to customers (secured), $9,307; accrued
expenses and reserves, $37,626; reserve for taxes, $50,000; 4%
convertible preferred stock (6,900
Factors
United States Lines Co.
1949
Treasury notes), nil; preferred stock, $1,708,200; common
stock, $338,300;
capital
surplus,
$251,839;
earned
surplus,
$4,932,611;
total,
of
3,894,703
s
Torgerson, Vice-President, Secretary and Treasurer of
Link,
Gorman, Peck & Co., Chicago investment
bankers, has been elected a
director.—V. 169, p. 1606.
$1.51
SHEET,
amortization
LIABILITIES—Accounts
2035.
3,885,855
$
called
336,140
$1.33
share..
charges, $15,844; total, $7,931,314.
p.
4,280,252
third quarter ended March
31,
the opening of seven stores
United
ASSETS—Cash, $1,083,484; investments (after deducting $1,174,856
applied against tax
liability), $344,133; trade accounts (less reserve),
$735,056; Inventories, $997,720; property not used in
operations, $11,259;
Officer's stock contract
(1,760 common shares under contract of sale),
$18,087; estimated renegotiation rebates for
prior years, $9,520; fund
set aside for
property purchase and replacement (U. S. Govt, secu¬
rities), $1,733,586; property, plant, land and equipment (after
reserves
of 3%%
16,814,000
169, p.
$527,375
outstanding
common
CONDENSED
Tide
174,410,000
18,760,000
Frank S.
$468,642
Earnings
come),
United
active and it is expected a total of
the end of the calendar
year.—V.
323,200
profit
salaries
193,606,000
10,730.000
850,575
287,300
taxes
Common
for
the
With
$3,181,598
755,942
before Federal income taxes--
Federal
1947
future, Robert Rail Clothes, Inc., the company's retail chain
store
sidiary, will achieve national cbyerage.
Seventy-three units ai*e
$3,121,505
*
CONDENSED BALANCE
57
ASSETS—Cash, $139,622; inventory, $4,163,422; accrued interest re¬
ceivable, $21,551; bid deposits, $19,000; securities borrowed, $6,575; due
from customers (secured), $8,498; fixed assets (net after
depreciation),
undistributed
common
NOTE—The
Co.—Earnings—
Quarter Ended March 31—
of
unconsolidated
per
1948
'
(2149)
Subs.) —
Corp., but includes intercompany trans¬
actions.
(includes a foreign subsidiary's
earnings amounting to $1,121,000 in the 1949
period ($1,949,000 in 1948), not
currently available to
the parent
company because of prevailing exchange restrictions.
May 5 authorized the retirement on June 15 of
(1,533 shares) of the 7% preferred stock, leaving a balance
of $120,000 (1,200
shares) of the issue outstanding.—V. 169, p. 1605.
Net
share
of
-Exclucjes
$153,300
Thomas Steel
(&
$
' 196,971,000
sales
profit
Earnings
Thew Shovel Co.—To Retire
1,533 Preferred Shares—
The
1949
after charges and taxesTCommon shares outstanding-.:
169,
—
CHRONICLE
Manufacturing Inc.
i
"Merchandise
Net
earns,
Public
&
FINANCIAL
ii 9 Months Ended March 31—
Company's
Texas
&
Earnings--
of
company
SEC has
The
hearing.—V.
a
United
to
shares
consideration
program.
2035.
p.
and
2,500.000
for
construction
May
to
additional
common
Power's
persons
authorization
an
COMMERCIAL
share
Weeden &
Sales
Gross
for
Expenses and taxes-
1923.
one
income
__i
Three Months Ended March 31—
1949
.__
1943
Net
sales
$24,923,231
'_.
expiring
The
Wright Aeronautical Corp.—Reports Loss for Quarter
Co.—Earnings—
3 Months Ended March 31—
$31,113,067
Net
loss
195.949
146,844
170.628
136,347
closing
"Net
active
year
Net
income
$25,321
<
$10,497
1949
—
—
1948
$15,163,042
—
$11,803,523
+1,093,020
*824,63?''
profits after provision for Federal income tax.
^Reflects retro-,
price decreases of $420,000 relating to shipments of the prior
to a greatly accelerated program of research and develop-.'
and
nient.—V.
169.
«.
K4S.
V «'L.
'■
-58
(2150)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, May 16, 1949
-1.
i
STATE AND
CITY
.»'
DEPARTMENT
r,
*
i
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
nished
and
chaser.
Anniston, Ala.
Bond
of
total
sealed
„(CST)
bids
until
3
p.m.
Sacramento-Yolo Port District
pur¬
amount
of
the
Ijid,
Bond
offered
to
Board of
bids until
Sale—The
$1,700,000
ries B port project
se¬
1949.
a.m.
(DST) on May
purchase of $703,000
1
Due
notes.
of
Series 380
May 25,
1950: The
May 25,
opinion of
on
Offerin g—Albert
L.
—
Bank, New York City.
Legality to be approved by Storey,
Thorndike, Palmer & Dodge, of
Boston.
A
certified
check
for
CALIFORNIA
Alta
Gadsden,
Ala.
a.m.
(CST)
warrants.
March
1,
1958,
1960,
1962,
1964,
Dated
June
$1,000.
1,
Due
follows:
as
warrants
maturing
thereafter
will
demption
in
be
and
subject to
whole
as a
1955
re¬
in part in
or
inverse numerical
order, after not
less than 30 days' prior
published
notice, at the option of the
on
interest payment
any
after March
or
accrued
equal
the
to
six
at the rate
date
on
redeemed
computed
if
such
on
the
option
had not been exercised.
Bidders to
name
the
rate
of
interest,
Denomination
June
on
from
1950
1,
to
$15,000 from
sive.
as
1959
to
1969
tne
in
office.
rate
of
Bidders
to
interest
A
an
issue of
$30,000,000
fied check for
$41,250, payable to
Board
of
the
Education,
is
ter &
Co., of San Francisco. Dated
May 10, 1949.
re¬
Bond
Lee
,
County (P. O. Opelika), Ala.
Warrant
Sale
The
$100,000
state
gasoline
tax
anticipation
warrants
offered
May 9 were
awarded
to
Thornton, Mohr &
Co., of Montgomery, as l%s, at a
price
of
1.88^.
from
99.59,
—
basis
a
of
about
Due
on Dec. 1 and June 1
to 1955 inclusive. Le¬
1949
County (P. O. Hamilton),
Alabama
of
Warrant
Sale
—
Sale—The
$37,000
price
of
100.03,
a
basis
of
about
1.992%.
Dated May 1, 1949 and
due on
May 1 from 1950 to 1957
inclusive.
Second
of
high bid
100.02
for
2s
was
made
by Dean
Witter & Co.
City
Offering—C. C. Peabody,
Clerk,
will
receive
sealed
bids
Montgomery, Watkins,
Morrow
Feb. 1 from 1959 to 1961
inclusive.
Co., and Odess, Martin & Herz- Bidders to name the rate of inter¬
berg, both of Birmingham, jointly, est, expressed in a multiple of
V\
at a price of 99.27.
1%.
Due on Nov. of
Principal and interest
15 from
1949 to
Maricopa County Sch.
Dist. No.
6
Offering—James
bid
E.
De
Souza, Clerk of the Board of Su¬
pervisors, will receive sealed bids
until
2
p.m.
(CST)
on
June
bonds.
Dated Jan.
1, 1949.
Denomination $1,000. Due on
July
1, as follows: $13,000 from 1950 to
1952
inclusive; $14,000 from 1953
to
1955
from
bids
must
terest
The
inclusive,
1956 to
to
1968
state
be
printed
and
the
paid.,
bonds
$13,000
inclusive.
rate
of
Interest
shall
be
All
in¬
J-J.
fur¬
check
for 3%
of the
Orangethorpe School
le
at
price
a
Co., of Chicago,
as
2V2s.
of
101.64, a basis of
about 2.314%. Dated June
1, 1949
and due on June 1 from
1950 to
1969 inclusive.
Second
high bid
of
d
n
1
a
e
Sch.
Dist.
Due $5,000 on June 1
to
June
1,
1957
inclusive.
1949.
.
Denomi¬
101.62 for 2M>s was made
by
Weeden & Co., San Francisco.
and
Home
interest
Bank
&
Darien, Darien. Bid¬
the rate of interest,
in
of 1%.
City, will be furnished
purchaser without charge.
the
to
A certifed check for 2% of the
cost.
for
of
4%
certified
A
the
check
value of the
bonds,
payable
to the County
Treasurer, is required.
par
Clara
Valley Water
Conservation District
(P. O.
•
Bond
the
of
Offering
that
nounces
—
of
Board
The
Secretary
Directors
sealed
bids
Note
Sale—The
$309,800
Series
M-2 notes offered May 11—v.
169,
2038—were- awarded; to
the
Co., of Greenwich,
0.75% interest, plus a premium
at
of
$40.00,
Due
Milford
election in
October, 1947.
17,
Chairman,» will
sealed bids until 11
1949.
receive
■
(DST) on
May 23 for the purchase of $438,000
series
Ml
a.m.
notes.
Dated
1949 and payable
Elementary Sch. Dist.,
County (P. O.
Auburn), Calif.
Bond Sale—The $52,000 build¬
ing bonds offered May 3—v. 169,
p. 1822—were awarded to Blyth &
Co., of San Francisco, at a price
of 100.02, a basis of about 2.48%,
Placer
ly
The
interest
30-year
Due
on
July
by the State of Connecticut
and
approved as to legality by
Robinson, Robinson & Cole, of
Hartford.
Housing Authority, Conn.
Note. Offering
Demms,
sealed
Robert
—
will
Secretary,
bids
until
11
S.
receive
(DST)
a.m.
May 18 for the purchase of $1,-
on
872,000 Series M-2 notes.
Dated
May 23, 1949. Due on May 23,1950.
The approving opinion of Cald¬
furnished
1
Dated July 1, 1949. Due on July
from 1950 to 1969 inclusive.
South Bay Cities Sanitation Dist.,
Los Angeles County (P. O.
Angeles), Calif.
$100,000 sani¬
tation bonds offered May 11—v.
169, p. 1930—were awarded to the
Security First National Bank, of
Bond
Sale—The
Los
Angeles, as 3s, at a price of
102.09,- a basis of about 2.91%,
Dated
1
July 1, 1949.
from 1969 to
Due
on
July
1978 inclusive.
CONNECTICUT
y
-
a
of
order,
payment date,
on any
follows:
as
last
$100,000
of
shall be callable at
and
after
Principal
Oct.
maturities
price of par
1, 1952.
a
interest (A-Ol)
payable at the First Trust & Sav¬
and
Bank,
fied
Moscow, Idaho. Bids
accompanied by a certi¬
cashier's check equal to
be
or
5% of the bid, payable to the Re¬
gents of the University of Idaho.
Approving legal opinion of Chap¬
man &
Cutler, of Chicago, will be
furnished
the
successful
bidder.
The Board of
Regents reserves all
rights incident to determination of
the highest bidder and to sell the
bonds at private sale if deemed to
the
best
interests
of the
sity.
*
Univer¬
,,
ILLINOIS
Chicago, ///.
Funding
The
Bonds
;,
.
Ruled
Legal—
State
Supreme Court ruled
on May 11 that the 1945
judgment
funding
1%
bonds
are
legal,
a
previous de¬
cision rendered last January. The
court's
latest
judgment is ex¬
result in the early re¬
previously made by
to enter the market with
pected to
vival of plans
the city
substantial offerings of
Chicago
Bond
Transit
Issue
bonds.
Authority,
Described
,>•
III.
C,
'A.
—
just
Co., Inc., Chicago,1 havd
issued a circular describing
the
by the Authority.
$105,000,000
Allyn &
of
outstanding
bonds and presenting various ma-^
GEORGIA
terial
Sold—An issue of
000
3%
has
been sold
$110,gymnasium bonds
school
to
follows:
Cook,
$1 000 in
1950;
School District No.
Bond
from 1951 to 1953
clusive.
swimming
was
pool
and
park
bonds
land, as 2Y2S, at
about
&
2.37%.
Due
inclusive.
bidder
Co..
R.
for
high¬
Ingen
S.
Bond
J.
Van
Dickson
2JAs,
at
&
Idaho
(P.
Moscow), Idaho
Offering
—
O.
III.
"V
/
Bond
x
-
Co.,
of
price
a
1
Elgin,
.■
1,
The second
100.69.
'
University- of
May
1 from 1951 to
B.
~
was
and
jointly,
Dated
Jan.
on
price of 100.12.
a
,
Sale—The $230,000 build¬
Co.,' of Cleveland, and McDougal
& Condon, of Chicago, jointly, as
2V2S, at a price of 101.26, a basis,
est
sold to Blyth & Co. of Port¬
;
/
f
ing bonds offered May 11—v. 160,
1823—were awarded to Otis &
1949.
Rupert, Ida.
(P. O.
p.
of
Bonds Sold—An issue of $60,000
1
Barrineton), III.
$2,000
inclusive; $3,000
from 1954 to 1956 inclusive; $5,000 from 1957 to 1966 inclusive;
$4,000 from 1967 to 1974 inclusive,
and $3,000 from 1975 to 1978 in¬
Lake, Kane and McHenry'
Community Consol.
Counties
Brooke, Tindall
Due on July 1,
Co., of Atlanta.
as
pertaining to the Authority
itself.
Cedartown, Ga.
Bonds
1
as 2%s.
Due on July 1
from 1964 to 1969 inclusive.
combined
schedule
in inverse numerical
thereby reversing
Stamford
1950 to 1963 inclusive.
20,000
amortized
interest
guaran¬
IDAHO
2V2S.
of
principal), and/or
maturities; both dated from July
1, 1949. Bonds will be callable, on
30 days' notice, in whole or in
part
1969
as
from
payments
and
May 31,
be
will
notes
follows:
$32,000
to
(providing for approximate¬
equal
May
on
teed
&
Sheridan
as
May
Housing Authority, Conn.
Offering — Robert H. Cle-
mence,
received until June 7 for the pur¬
chase of $2,350,000 water bonds,
an
Dated
Augi 17, 1949.
on
be
constituting the unsold balance of
the issue of $2,500,000 authorized
1962
providing for a 25amortized schedule of matur¬
must
an¬
will
from
submitted
ings
Greenwich Housing Authority,
Connecticut
well, Marshall, Trimble & Mit¬
chell, of New York City, will be
San Jose),
Calif.
be
vear
on
value of the bonds, payable to the
Town Treasurer, is required.
1950.
without
1
the
the
name
expressed
Note
Los
District
Orange County (P. O.
Santa Ana), Calif.
&
1 from
$1,000.
Principal and in¬
(J-D) payable at the Coun¬
ty Treasurer's office.
Bidders to
name
the
rate
of
interest, ex¬
pressed in a multiple of J/4 of 1%.
The approving opinion of O'Mel¬
veny & Mye rs, of Los Angeles,
will be furnished to the purchaser
re¬
Bond Sale—The
$150,000 school
bonds offered
May 10—v. 169, p.
1930—were awarded to John Nuveen
June
bonds
for, payable to the City, is
Dated
Oct.
and
New York
ders to
terest
quired.
6
for the purchase of
$250,000 not
to exceed 4% interest
school cou¬
pon
O'Melveny & Myers of Los
Angeles, will be furnished. A cer¬
tified
(P. O. Phoenix), Ariz.
Bond
e
on
April .1
1969
inclusive, / and $18,000 on
April 1, 1970; and $20,000 on Oct.
1, 1970. Alternative proposals rinay
a
multiple of 1/10
The approving opinion of
Hawkins, Delafield & Wood, of
Principal
at
Trust Co. of
31,
(F-A) payable at the City Treas¬
urer's office. The
approving opin¬
ion of
1956 inclusive.
ARIZONA
bonds.
Denomination $1,-
clusive.
1960 inclusive.
1950
Dated
at
Ontario, Calif.
Bond
1949,
on April 1, 1961; $18,1, 1961,-and $18,000. on
Oct.
on
Prior to Oct. 1, 1952, not call¬
able; Oct. 1, 1952 to and includ¬
ing April 1, 1955, callable at a
price of 102; Oct.-1, 1955 to and
including April 1, 1958,- at a price
of 101; Oct. 1, 1958 and
thereafter,
callable at a price of par. Provid¬
ed, however, that in case alternate
proposals are made for a 25-year
or 30-year schedule of
maturities,
nation
sewer
The
&
$10,000
1950 to
Santa
luntil 7:30 p.m.
(PST) on May
16 for the purchase of
$250,000
$21,000 not
2x/4% State gasoline tax
to exceed 4% interest
anticipa¬
airport, 1941
tion warrants offered
bonds.
Dated' Feb.
May 3 were
1, 1941. De¬
awarded to
Thornton, Mohr & Co., nomination $1,000. Due $7,000 on
:
Due
bonds offered May 11—v.
169, p.
2038—were awarded to Weeden &
Co., of San Francisco, as 2s, at a
gality approved by White, Brad¬
ley, Arant & All, of Birmingham.
Marion
$110*000 Yermo Sch. Dist. bonds.
Oceanside, Calif.
quired.
pur-
of
Putnam Trust
G.
2V4% veterans' welfare bonds.
the
$7,000 from 1955 to 1964 inclusive,
$8,000 from 1936 to 1969 in¬
p.
bids until 11 a.m. (PST)
May 23 for the purchase of
$150,000 not to exceed 5% interest
school bonds, divided as follows:
from
(PST)
noon
on
on
bonds.
a.m.
Due
for
sewer
coupon
sealed
re¬
ex¬
certi¬
15, 1969,
premiums depending
the date of redemption.
40,000 H
June 21
or
varying
quired.
public auction at 10
callable in whole
Sch. Dists.
(P. O. San Bernardino), Calif.
Bond Offering—Harry L. Alli¬
son,
County Clerk, will receive
name
—
cost.
dated April 15, 1949
maturing in 1970 and
are
B,
15, 1949.
until
will
Jan. 15, as follows:
$8,000 from 1950 to 1954 inclusive:
San Bernardino County
be
furnished, to the pur¬
chaser at the expense of the Dis¬
trict.
A certified check for
3%
of the amount of the
bonds bid
at
inclusive.
1979
part beginning April
on
will
on
to
April 15
on
at
expressed
Johnson, State Treasurer, will sell
Due
in
multiple
of
J/4
of
1%.
The approving opinion of O'Melveny & Myers, of Los Angeles,
California (State of)
Bond Offering — Charles
15
inclusive.
are
those
thereafter
a
for, payable to the District, is
April
1962
to
1963
Bonds
and
inclu¬
a
without
from
Principal and interest (J-D)
at
the
County Treas¬
urer's
1958
Series
18
$150,000
payable
15
inclusive.
on
of
bids
May
on
chase
Treasurer,
and
April
on
Due
1,000,000 2s.
$1,000.
The
purchaser
from
June
Franklin Sch. Dist., Sutter
multiple of l/4 of 1%.
County
(P. O. Yuba City), Calif.
approving opinion of White,
Bond Sale
Bradley, Arant & All, of Birming¬
The $49,000 school
ham, together with the printed bonds offered May 9—v. 169, £.
warrants, will be furnished to the 1930—were awarded to Dean Wit¬
pressed in
240,000 l%s.
follows: $10,000
inclusive, and
1960
Due
from 1955 to 1957
payable
a
months'
date
1949.
Due on April 15 from
135,000 21/2S.'
struction, 1949 bonds. Dated
1,
as
1950 to 1954 inclusive.
Offering—O. L. Beckner,
Secretary of the Board of Hospital
Directors, will receive sealed bids
Due
2.062%,
:
$225,000 5s.
Bond
par plus
premium
interest on
and
they would bear
redemption
Board
1, 1954, at
interest
warrants
District,
on
$75,000 in
$78,000 in 1951, $80,000 in
$83,000 in 1953, 85,000 in
$87,000 in 1955, $89,000 in
$92,000 in 1957, $94,000 in
$97,000 in 1959, $100,000 in
$102,000 in 1961, $105,000 in
$108,000 in 1963, $111,000 in
and $114,000 in 1965. Those
1950,
1952,
1954,
1956,
Hospital
of
Denomination
about
follows:
May until 7 p.m. (PST) on May 18 for
$1,500,000 the purchase of $250,000 not to
23A% capital outlay exceed 4% interest
hospital con¬
purchase
not to exceed
1949.
000.
Dinuba), Calif.
Done-
hoo, Secretary of the Board of
Education,
will
receive
sealed
coupon
Local
Jan.
of
cost
Town
sealed
(DST)
Stone & Youngberg, and Shuman,
Agnew & Co., both of San Fran¬
cisco, at a price of 100.0005, a net
Tulare County (P. O.
Wararnt Offering—C. A.
the
special
election, held on March 15,
adjudged illegal.
was
$5,000, payable to the City Treas¬
for
the
as
school
urer, is required.».;
bids until 11
sold
receive
interest
National
24
not
—were
Brunner,
$15,000
000
ities
Darien, Conn.
Bond
and
Dated
Robinson,
Robinson & Cole, of
Hartford, will
be furnished by the
Authority to
the purchaser.
■'
May 18 for the pur¬
—were
awarded
to
a
syndicate
$128,965 improvement,
ARKANSAS
composed of American Trust Co.,
bonds.
Dated May 15,
Phillips County, Helenawest Helena San Francisco, First Boston Corp.,
1949.
Denomination $1,000, ex¬
Sch. Dist. No. 2 (P. O.
and Weeden & Co., both of San
cept one for $965.
Due on May
West Helena), Ark.
Francisco, Paine, Webber, Jackson
15, as follows: $13,000 from 1950
Bonds Not Sold
The $60,000
& Curtis, and
to 1957
Martin, Burns &
inclusive; $12,000 in 1953,
3% building and equipment bonds
and
Corbett, both of Chicago, Stern,
$12,965 in 1959.
Principal offered March
29—v. 169, p. 1382
Frank & Meyer, of Los Angeles,
and interest payable at the Chase
on
chase
M
approving
1930
p.
11
the
Series
bonds of 1947
May 12—v. 169,
on
for
20
(P. O. Sacramento), Calif.
the
County of the
Supervisors, is required.
Offering—City Clerk will payable
receive
paid for by the
A certified check for 5%
the
.
Kenneth A.
man,
ed
Offering — M. H. BrightCity Clerk, will receive seal¬
bids
until
16
a.m.
(CDT)
on
Dick, Bursar, will receive sealed May 27 for the purchase of $250,bids until 2
the
p.
m.
Administration
on
May
31,
at
Building, for
000 not to exceed 4% interest Na¬
tional Street
the purchase of $650,000 not to ex¬
May
ceed 4%
interest, coupon build¬
ing construction and improvement
000.
bonds.
Dated
July 1, 1949. "'Due
semi-annually on April 1 and Oct.
1, as follows $12,000 Oct. 1, 1950;
$12,000 on April 1 and Oct. 1 from
1951 to 1953 inclusive, and $12,000
1,
Due
$20,000
from
000
in
on
Jan.
1,
as
1951 and 1952;
1953 to
in
Bridge bonds/ Dated
Denomination $1,-.
1949.
1956
1957 and
in 1959 and 1960.
follows:*
$25,000
inclusive; $30,-'
1958, and $25,006
Bidders to
name
the rate of interest, expressed in.
Danbury Housing Authority, Conn. on April L 1954; $15,000 Oct.'1,
Note Offering—Joseph E. Can1954,; and $15,000 on April 1 and a multiple of Vs of 1%. The ap-'
ale, Chairman, will receive sealed: Oct. 1 from 1955 to 1960 inclusive, proving/ opinion of Chapman &
Volume
:
169
of
Number 4803
'
Chicago, will be fur-t •a~prioe-of 100.12,
nished to the purchaser at the
e^r*
I pense
of the. City.
A certified
check for $5,000 is
required.
-
101
■
.
(P. O.
Morris), III.
Bond
Offering — Gladys M.
Bright, Secretary of the Board of
Education, will receive sealed bids
"
until 3- p.m. (CST)' on
May
the purchase-of
<
exceed 3% interest school building
coupon bonds. Dated Jan. 1, 1949.
—
izens
1956
to
from
1958
1959
100.17.
1961
and
$75,000
from
1967
to
in the State
company
may be
mutually agreed
1955
rates
of
interest,
expressed
in
'
•
; the
'
Township
is required.
School
Brown
Bond
sealed
on
,,
l%s, at
of
about
•1949.
1.05%.
Due
Dated
Dec.
on.
1954 inclusive.'
23
•"•/''
1
June
from
-
•
.1931
p.
on
Jan.
1951
County Sch. Dist.
(P. O. Rock Island),
to
the
Boston
basis
.
$260,000
,
,.
DAs.
>-•
Due
13/4S.
as
Due
/
1
were
1957 to 1968 inclusive.
Clerk,
will
bids until 10
about
Due
(CDT)
cost.
$5,000,
-
A
purchaser
certified
to
J.
;
'
.7
with¬
was
check
Ira
.t;: Bond Sale—The $125,000
Dated May 1, 1949.
*was
&
of
to
the
Savings Bank'of
Publicly
.bonds. Due
$8,000 from
it
Due
f
1
INDIANA
Allen
j
and
[
County (P. O.
works
Fort Wayne), Ind.
.
rt
i;
as
Bond Sale—The $400,000 Tuber-
July 1,
1956 to
169,
10—v.
1931—
p.
ing
of
Indianapolis, jointly,
as
20
1958
revenue
$25,000
169,
v.
a
are
ma-
are
optional
in
in
in
in
in
in
1952,
1954,
1956,
1958,
1960,
1962,
1964,
in
1966,
1968, and
$52,000 in 1969.
The approving
opinion of Dudley C. Foley, Jr.,
Orleans, together with the
printed
bonds, will be furnished
purchaser without cost.
the
to
office, or at the fiscal
of the State in New York
City, at the option of the holder.
The approving opinion of Wood,
King & Dawson, of New York
City, will be furnished to the pur¬
chaser
without
check for 2%
the
MARYLAND
cost.
A
Carroll
County (P. O.
Westminster), Md.
Sale—The $3,000,000 1949
bonds offered May 11—v. 169, p.
Bond
1,931—were
certified
cate
of the par value of
bonds, payable to the Board,
required.
000
23/4%
'
$7,500,-
World War II veterans'
bonus, Series B
sold privately to
posed
of
Bank,
the
bonds
has
been
syndicate
a
National
com¬
Hibernia
National
American
awarded
to
composed of Alex
syndi¬
a
Brown
&
Sons, Mercantile Trust Co., both
of Baltimore, Kidder,
Peabody &
Co., of New York, Baker, Watts &
Co., Stein Bros. & Boyce, both of
Baltimore, and Bruan, Bosworth
& Co., Inc., of Toledo, at a price
of 100.001, a basis of about
1.56%,
follows:
as
Bank,
White, Hattier &
Sanford, Newman, Brown & Co.,
all of New Orleans, Equitable Se¬
curities Corp., Barrow, Leary &
Co., of Shreveport, Nusloch, Baudean & Smith, R. S. Hecht & Co.,
Howard, Labouisse, Friedrichs &
Co., Weil & Co., Weil & Arnold,
Lamar
&
Kingston, G. Price
Crane, Glas & Co., John Dane,
$1,500,000
public
school
bonds:
$100,000 as 4V4S, due on May
1, 1951; $200,000 as 4s, due on
May 1 in 1952 and 1953; $200,-
1,500,000 road bonds: $100,000 as
4V4S, due on May 1, 1951;
$200,000 as 4s, due on May 1
Scharff & Jones,
000
d
i
r
in
Couturier
,
&
Derbes,
1955;
from
:and
on
1953; $200,000 as
May 1 in 1954 and
$400,000
iy4s, due
inclusive,
l^s, due on
1 from 1960 to 1965 in¬
1.956
as
1959
to
$600,000
"May
E.-Corrigan, Jr., both of
Orleans, and Felix M. Rives,
of Shreveport. Dated June
1952 and
Is, due
&
a
on
1960 to 1965 inclusive.
Charles
New
and
1V4S, due
•
Woolfolk, Robert R.
Wolfe, all of New Orleans, Ra¬
pides Bank & Trust Co., of Alexa n
due
on
May 1 in
1955; $400,000 as
May 1 from 1956
to 1959 inclusive, and $600,000
as
1V2S, due on May 1 from
/-
Smith-Wood Co., all of New
Orleans, Steiner, Rouse & Co., of
New York, Woolfolk & Shober,
Wheeler
Is,
as
1954
M.
follows:
as
St.
O.
'■/'
Sale—The
bonds
/•/
as
clusive.
Dated
1, 1949.
$600,000
May 1, 1949.
Prince George's County
in
p.
Bond
after
water
May
10—
rate
sealed
(CST)
bids
June
on
Third
<
Bond Sale—The $47,500
tory
revenue
bonds
of
Louisville.
.and due
Dated
serially
on
&
Yost, of Baltimore, will be
to the purchaser with¬
offered
on
May
May
1, 1949
1 from
1950 to 1979 inclusive. Callable
as
1,
1
bonds. Due
District
No.
Seventh
ag¬
of
on
1,
of
Wards
Due
on
1951
1969
inclusive.
to
bonds
The bonds
election
an
are
July 1 from
dated
are
at
were
July
1,
1949,
payable from unlimited
taxation.
A
to the County
Education, is required.
certified
check
for
2%
of the bonds, payable to or¬
der of the Parish School Board,
is
required.
Legal
opinion
of
Attleboro,
Bond
City
sealed
(DST)
-
■
1
r
'
f
*■'.
* J
•
►
'•
will
Treasurer,
bids
Mar¬
William
May
until
1964 inclusive.
18
11
re¬
a.m.
for
Principal and in¬
terest (M-N) payable at the First
Bank of Boston. Bidder
National
to
single rate of interest,
a multiple of V\ of
Legality to be approved by
Storey,
Thorndike,
Palmer
&
Dodge, of Boston.
name
a
1%.
Beverly Housing Authority, Mass.
Note
Series
169,
Sale—The
notes
p.
•
$500,000
First
offered
May 5—v.
1931—were awarded to the
1949.
*,
Mass.
—
the pur¬
chase of $300,000 coupon veterans
housing
bonds.
Dated
May
1,
1949.
Denomination $1,000.
Due
$20,000 on May 1 from 1950 to
on
at 0.93%
/•
Offering
shall,
cessful bidder.
j,:
of
MASSACHUSETTS
Dudley C. Folly, Jr., of New Or¬
leans, will be furnished the suc¬
...
Board
expressed in
authorized
April 26,
on
A certified check for
payable
ex¬
School
bonds.
and
dormi¬
No.
Special
and
of the par value of the bonds,
ceive
issues
clusive.
Second
charge.
2%
pur¬
July 1 from 1950 to 1959 in¬
75,000 School
out
a.m.
the
bond
Ward
District No.
1949.
v
10
for
following not to
interest
4
The
O.
Bou-
until
14
$90,000 Sub-District
numerical
(P.
Edward
gregating $165,000:
May 1, 1959, at
University of Kentucky
Lexington), Ky.
—
Secretary of the Parish
School Board, will receive sepa¬
price of 103.
a
Offering
chase of the
2039—were awarded to
or
ing opinion of Niles, Barton, Mor¬
row
dreaux,
maturing from 1960 to 1974
on
on
Mary Parish School Districts
(P. O. Franklin), La.
ceed
$90,000
offered
callable in inverse
order
.
in
of New
urer's
group
Bonds
Dated March 1, 1949. Denomina¬
$49,000
follows:
1951,
furnished
composed of Magnus &
Co.,—Widmann & Co., and Fox,
Reusch & Co., all of Cincinnati.
Dated May 1, 1949 and due on
May 1 from 1952 to 1974 inclusive.
.
$43,000
$46,000
multiple of V\ or
Principal and in¬
authorized at the election held
build¬
bonds offered May 23
to Pohl & Co., of
as 3%s, at a price of
."o
revenue
in¬
July 1,
in 1976;
ex¬
bonds.
June
1, as
$31,000
in 1953, $33,000
in 1955, $35,000
in 1957, $37,000
in 1959, $40,000
in 1961, $42,000
in 1963, $45,000
in 1965, $48,000
in 1967, $51,000 in
$41,000
inclusive. Bid¬
May 3.
awarded
Bond
on
Due
$39,000
Denomination $1,000. Due on June
/
1977;
HAs, at. turing in 1970 to 1979
within
Perryville, Ky.
fol¬
as
tion $1,000. All of said bonds
,
Due
.
/.
.
in
receive
,
Cincinnati,
lien:...water
Due
of
$27,000^in May 11 .—i v. 169, p. 2039 — were
1978, and $45,000 in l97|%, awarded to the Bankers Bond
Co.,
.
jWere awarded to Halsey, Stuart &
.Co., and the City Securities Corp.,
first
bonds.
follows:
$26,000
1949 bonds of¬
fered May
bonds.
County (P.
Inez), Ky.
1975.
3Y4%
will
Martin
clusive; $9,000 Tn 1959 ;4 and
1960; $14,000 in 1961; $15,000
in 1962 and 1963; $16,000 in
1964 and 1965; $17,000 in .1966
and
1967;
$18,000
in
1968;
$19,000 in
1969; $21,000
in
1970 and 1971; $22,000 in 1972
and 1973, and $23,000 in 1974
123,000
.culosis Hospital of
-
Secretary,
to
not
school
agency
Bond Sale—The $150,000
•
•
certified
amount
KENTUCKY
Offered—Edw.
on
A
the
1952 to 1958 inclusive.
lows: *$5,000
in
1952; $7,000
from
1953 to 1955 inclusive;
The second highest bidder
White-Phillips Co., for 21/4>s,
price of 100.01.
•
!
Co./
$347,000 3% first lien water works
build¬
j
awarded
—were
Trust
of
Offering—C. C. Granvatt,
par.
Dec. U from 1950 to 1967 inclu¬
.at a
&
price
a
Oct.
on
the
>
Co., of Cincinnati, are
publicly offering an issue of $470,improvement and re¬
funding bonds, divided as follows:
Ripley & Co., Inc., aas 2 Ms, at
price of 101.67, a basis of about
on
Dickson
a
10
for
(P. O.
1951;
Upper Marlboro), Md.
$616,000 in 1952; 632,000 in 1953;
Bond Offering—J. Frank Dent,
$649,000 in 1954; $666,000 in 1955;
Ashland, Kan.
President of the Board of Educa¬
$683,000 in 1956; $702,000 in 1957;
Bond Sale Details—The
$36,000
tion, will itceive sealed bids un¬
revenue
bonds purchased by the $721,000 in 1958; $740,000 in 1959;
til noon (DST) on May 24 for the
First Securities Co. of Kansas, oi $760,000 in 1960, and $731,000 in
1961.
Principal and interest pay¬ purchase of $650,000 not to exceed
Wichita, as previously noted in v.
able at the State Treasurer's of¬ 5% interest public school of 1949
169, p. 1931, were sold at a price
fice, or at the State's fiscal agency coupon bonds. Dated June 1, 1949.
of par.
Denomination $1,000. Due on June
in New York City.
Legality ap¬
Paola, Kan.
proved by Wood, King & Dawson, 1, as follows: $30,000 from 1950 to
1959 inclusive, and $35,000 from
Bond Sale Details—The $25,000 of New York.
1960 to 1969 inclusive.
Principal
airport bonds purchased by the
and interest (J-D) payable at the
New Iberia, La.
Citizens State Bank, of Paola, as
First National Bank of Southern
Bond Offering—The City Clerk
previously noted in v. 169, p. 2339
were
Maryland, Upper Marlboro. Bid¬
sold as IV2S, at a price of will receive sealed bids until 11
100.75, and mature as follows: $2,- a.m. (CST) on June 21 for the ders to name the rate or rates of
000 on April 1, 1950; $2,000 on Oct.
purchase of $100,000 sewerage and interest, expressed in a multiple
1, 1951, and $3,000 on April 1 from drainage bonds. These bonds were of lA or 1/10 of 1%. The approv¬
were
'man
sive.
S.
2J/£s,- at
in
1%.
until
17
KANSAS
000 revenue
for
Cobb,
2039—were: awarded to Harri-
',2.32%.
R.
of
Board,
bids
May
$764,000
interest
in
34,000
$36,000
improvement,
terest, payable at the State Treas¬
1,
The second highest bid¬
for
* Bonds
ing bonds offered May 9—v. 169,
.a
years.
Raffensperger, Hughes &
and
2%
school
000
&
G. Taylor &
Will County School District No. 84
^
(P. O. Rockdale), III.
: 3
p.
Nuveen
Linton, Ind.
City "Treasurer, is required.
"
John
to
held
sealed bids until 2 p.m. (CST) on
June 6 for the purchase of $275,-
1823—
p.
election
furnished.
for
District
of¬
Chicago, and the Union Trust Co.
Indianapolis, jointly, as iy2S, at
a price of
100.27, a basis of about
1.47%. Dated May 23, 1949. Due
on July 1 from 1950 to 1969 inclu¬
sive.
The second highest bidder
was Halsey, Stuart &
Co., for 1V2S,
at a price of par.
of Chicago, will be
payable
bonds
10—v. >169,
the bonds author¬
are
Iowa
of
•
out
1948
be
Bond
•
Dated Dec. 1,J 1948.
July 1 from 1950 to 1978
1931
p.
Co., Chicago.
Bidders to
j name. the
rate of interest, expressed in a multiple of lA of 1%.
The approving opinion of Chap¬
the
of
inclu¬
1964
to
Spirit Lake Con. Indep. Sch. Dist.,
2.41%.
on
Harris
Trust
to
,
1960
a.m.
the rate of interest,
name
sealed
on
.
Murphey,
Dated June 1, 1949. Denomination
or
1973
to
C.
School
Schweickhardt, Landry & Co., A.
inclusive;' $16,000
inclusive, and
1959
to
the
on
from
bonds bid for, payable to the Dis¬
Township.
.
at
Due
$7,000
trict; is required.
purchaser at
Elkhart, Ind.
bids
1948/ The approving opinion
Chapman & Cutler of Chicago,
check
$187,000 build¬
ing bonds offered May 6—v. 169,
.
furnished
the
1954
These
will
a
Bond Sale—The
•
el man & Cutler
in
13,
of
Indianapolis Sch. City, Ind.
•/
May
Dated July 1, 1949. De¬
nomination $1,000.
Due on July
1, as follows: $65,000 in 1951; $5,;000, in 1955; $15,000 in 1956; $65,.000 in 1957; $50,000 in 1958, and
$30,000 in 1959. Principal and in¬
terest
payable at the Northern
.
sive.
ized
expressed
sealed
follows:
as
$12,000 from
on
sealed
on
•bopds.
.
and
100.52.
j 17 for the purchase of $230,000
jwater supply lake refunding
•
-
inclusive.
der
Smith,
receive
a.m.
inclusive,
Jan. 1 and $1,000
awarded
Co.,
.
1955
of
May
jointly,
M.
to
Co., of Chicago, and F. S. Moseley
& Co., of Chicago, jointly, as 2xks,
at a
price of 101.71,; a basis of
Springfield, III.
Offering —M.
1950
on
receive
Dated May 1, 1949.
from
1961
11
Bonds Sold—An issue of
will
1,
revenue
fered
Peabody & Co., and
Hornblower & Weeks, jointly, for
$950,000 as 1.70s, ' at a price of
100.54, a basis of about 1.65%.
.City
bonds.
Bond Sale —The $325,000 water
Dated
Bond
and
coupon
1971
1/10
is
until 2 p.m. (CST) on May 16 for
the purchase of $175,000 building
Nov.
furnished to
works
.Kidder,
.
rectors,
inclusive,
Due
interest,
•
May 1, 194.9. The second
-highest bidder was-Lehman Bros.,
-
1961
the expense of the
1
Dec.
on
be
<•
„
Dec.
on
of
fol¬
as
.
.from 1950 to 1956 inclusive.
from
;
1.656%,
/\
•
as
.690,000
•
about
of
lows:
Due
V4 of 1%.
The ap¬
proving opinion of Ross, McCord,
Ice & Miller, of Indianapolis, will
Corp., E. H. Rollins
& Sons, of New York, and Keb!bon, McCormick & Co., of Chi•cago, jointly, at a price of 100.50,
•a
bonds.
July 1, 1950; $3,000
1
and
July 1 from
to
multiple
:
The
Indep. Sch. Dist., Ia.
Bond Offering—M. W. Stebbins,
Secretary of the Board of Di¬
April 1, 1949. Denomina¬
$1,000.
Bidders to name the
rate
inclusive.
IOWA
July 1, 1962.
build-
a
in¬
Dated
tion
awarded
were
—
Twp.
from 1951 to
on
V
at
on
$2,000
1,
1969
highest bidder was North¬
Trust Co., Chicago, for 2y4S,
price of 101.77.
1949
$3,000 on Jan. 1
$1,000 on July 1, 1962.
61,000 Civil Twp. Bonds.
'ing bonds offered May 10—v. 169,
■First
of
to
E
expressed
follows:
as
and
1950 to
Sale—The $950,000
the
1950
second
ern
July 1, 1950; $3,000
Jan. 1 and $2,000 on
July
on
1
from
receive
(CST)
purchase of
building
Sch.
$2,000
/
VIllinois
Bond
will
2 „p.m.
institutional
from
Corp., Ind.
$115,000 school
Oelwien
$61,000
Island■
No. 41
•
for
school
$3,000
Rock
until
bonds, divided
& Co., of Chicago, as
price of 100.23, a basis
a
May
terest
Treasurer,
*
Cruttenden
.
Trustee,
bids
until
4%
$1,000.
$30,000
$32,000
will
on
ders to
building bonds offered May 9—v.
169, p. 1931 —4 were awarded to
Raffensperger, Hughes & Co., of
Indianapolis, as 2s, at a price of
100.31, a basis of about 1.98%.
Dated May 1, 1949. Due on July 1
bids
Dept.,
registered
bonds.
Dated March 1, 1949.
De¬
nomination $1,000. Due on March
1, as follows: $278,000 in 1969:
$346,000
in
1970,
and
$375,000
National
Bond Sale—The
Wilkinson),
$122,000 not to exceed 4V2%
to
County Sch. Dist., No. 131 1
r
^
(P. O. Aurora), III.
/%//
Bond Sale—The $300,000 school
building bonds offered May 9—v.
169, p. 1931 — were awarded to
,
July 1 from
1,; 1969 inclusive. In¬
State
sealed
Series
Principal
(J-J) payable at the
interest
the
terest
in¬
any
ceed
May 25 for the purchase
of $1,749,000 not to exceed 5% in¬
numerical
or
(State of)
(CST)
North Judson Con. Sch.
Offering—Roy McKnight,
Township
inverse
of
receive
Bank, Chicago.
Legality approved by Chapman &
Cutler, of Chicago.
1 and
(Twp. (P. O.
dation
receive
(CST)
purchase of
Offering—L. B. Baynard,
Secretary of the Board of Liqui¬
payment date thereafter at
LaSalle
Indiana
Kane
r
and
one
July
on
Louisiana
Parish
a.m.
Bond
104 and accrued interest.
1949.
J-J.
a
rfied check for $10,000, payable
1,
except
in
July 1, 1969
on
Secretary
will
interest;
callable
terest
Ross,
multiple of % of 1 %. The approve
ing ooinion of Chapman & Cutler,
of Chicago, will be furnished and
paid for by. the District. A certin
'
be
order
of
(P. O. Farmersville), La.
Bond Offering—C.
LOUISIANA
on
59
Union Parish School District No. 55
at
redemption.
and all bonds
maturing July 1, 1970 to 1976, to
Legality approved by
McCord, Ice & Miller, of
Indianapolis.
.'
as
tween the purchaser and the Dis¬
trict. Bidders to .name the rate or
•
June
$1,000,
Jan.
on
to Jan.
terest
be¬
upon
accrued
on Jan. 1 and July
from 1951 to 1954
inclusive, and
$12,000
1969 inclusive.
Principal and in¬
terest (J-J) payable at such bank
trust
dated
are
date
varying pre¬
miums depending on the date of
inter¬
or any
(2151)
in part on any interest
or
payment
or any interest pay¬
ment date thereafter at 104.50 and
1, 1950; $11,000
1
'
or
price
a
for $773.69. Due
$10,773.69
$65,000 ffom 1962 to
inclusive; $70,000 in 1965 and
1966,
at
July 1, 1959
whole
a
July 1, 1964
•
Denomination
inclusive;
1964
i%s,
;
Bonds
inclu¬
to
for
on
able in inverse numerical order
Co., Chicago, and Cit¬
Banking
Co.,
Anderson,
jointly,
inclusive;
$55,000 from
sive; $60,000
;
CHRONICLE
interest; $26,000 ma¬
turing July 1, 1977, and $27,000
maturing July 1, 1978 to be call¬
Trust
ern
Denomination $1,000. Due on Jan.
1, as follows: $45,000 in 1952; $50,1000 from 1953 to 1955
FINANCIAL
est payment date thereafter at 105
and accrued
Bond - Sale
The
$446,773.69
judgment funding 1949 bonds of¬
fered May 6 were awarded to Hal¬
sey, Stuart & Co. and the City Se¬
Corp.
of
Indianapolis,
jointly, as l%s, at a price of
100.27, a basis of about 1.72%. The
second highest bidder was
North¬
$1,100,000 not to
,
order
curities
19 for
&
May ill' 1949. Due
July 1 from 1950 to 1960 incl.
Anderson, Ind.
Grundy County Community High
School District No.
COMMERCIAL
-basis of about .prior to maturity as follows:
$45,000 bonds maturing June
1, 1979
to be callable in inverse numerical
--a
1.22%... Dated
on
v
'
THE
Second National Bank, of Boston,
interest.
Due
on
May
Dated
16,
May 16,
1950. The
60
(2152)
THE
second
highest bidder was Bever¬
ly National Bank, of Beverly 'at
0.98%.
(P.
O.
196,
Bond
Sale—The $380,000 school
bonds offered May 11—v. 169, p.
2040—were awarded to Estabrook
&
Co., of Boston, Lee Higginson
Corp.,
and
Whiting,
Weeks &
Stubbs, of Boston, jointly, as 2s,
at a price of 100.7^, a
basis of
about 1.91%. Dated May 1, 1949.
Due on May 1 from 1950 to 1968
inclusive.
June
for
1950
follows:
as
to
LOT
tion
Note
1
Due
from
$150,000
1950 to
on
1959 in¬
clusive.
series
ond
Due
$70,000
from
June 1
1950 to 1969 inclusive.
on
a
highest
Detroit
the
World
War
II
1950
to
veteran
1969
bonds.
June
on
1
from
dam
850,000 sewerage bonds. Due
June
1
1,
from
and
follows: $30,000
1969 inclusive,
as
1950
to
$25,000 from 1970 to 1979
inclusive.
Bidder to
,
in
;
but
bonds;
v
Vx
of
part
no
rate of interest
name
multiples of
of
the
1%
for all
above
Sidewalk
offered
iy4s, at
as
of
par
differ¬
a
of
Loan
May
at
Due
1.148%.
June
Dated
June
on
1 from
dated
May
19,
1949:
Sale—The
supply
1,
system
bonds
of
Due June
District).
Bidder
to
terest in
1, 1994.
in¬
of
rate
name
multiples of y4 of 1%
for all but
no
par
All of the
in
$11,250,000 bonds in¬
offering will be
May
series
9—v.
A
169,
p.
notes
offered
May 5
were
Worcester County
0.875%.
highest bidder was
Second National Bank, of Boston,
Trust Co., of Worcester, at
urer's
lots
to
a
group
about 2.05%
follows:
as
second
Notes
$210,000
dated
are
May
1952
370,000
16,
Bosworth
Series notes offered May
the
to
second
12 were
April
on
1
Each
of
the
considered
offerings, and bids must be for all
but
part of each lot. Each lot
no
will
be
basis.
of
awarded
A
the
certified
bonds
separate
a
check
for
1%
bid
for, pay able, to
the' City Treasurer's
of
order
on
required.
'
Sale
Boston,
on
at
The
—
sold to
were
National
Bank, of
Bristol
discount.
County
(P.
Due
,
,
:
■}. Note Sale—The $600,000 notes
Offered
May 9—v.
awarded
were
'Shawmut.
0.78%
Bank,
dicount.
1949.
Due
on
169,
p.
the
to
of
2040—
National
Boston,
May
1949.
Note
Y
Boston,
&
notes
Hptzler,
terest, plus
$1,000,000 Sec¬
offered
May
5
at
0.89%
in¬
premium of $11.00.
Notes are dated May
16,' 1949.
Due on May 16, 1950.
Legality
approved by Caldwell, Marshall,
Trimble &
a
Mitchell, of New
York
City.
Cambridge, Mass.
Bond Sale—The
$500,000 public
improvement bonds of¬
fered
May 12 were awarded to
Phelps, Fenn & Co., of New York,
as
iy2s.
at
a
price
of
101.13,
a
1949.
$50,000
bonds
are
dated
June
Denomination $1,000.
1,
Due
June 1 from 1950 to
1959 inclusive.
Legality approved
!
to
Bank,-
the
of
on
1932—
p.
notes
or
Merchants
Boston,
at
Due
on
Boston,
of
inverse
after
at
called
July
July 1,
for
redemption on or after
Principal and in¬
(J-J) payable at
the
rate
pressed in
-on
by Storey, Thorndike, Palmer &
Dodge, of Boston.
1
r
Boston.
expense to
interest,
ex¬
were
on
authorized
at
March 28. The
the purchaser.
A
cer¬
tified check for
$3,800, payable to
the District Treasurer, is required.
Somerville Housing Authority,
Massachusetts
Sale—The
series
notes
awarded
New
York,
$1,600,000
offered
Delta Twp.
to
0.86%
5
Bros.,
interest.
are
dated May 16, 1949.
May 16, 1950. Legality ap¬
proved by Sullivan,, Donovan &
Heenehanj of New York City.
Sale —The
series
second
date
notes
bids
on
to Salo¬
follows:
Bank
&
Co.,
$7,000
in
000 in
1956, $8,000 in 1957, $7,000
1958, $8,000 in 1959, $7,000 in
1960, $8,000 in 1961, and $5,000 in
in
1962 and 1963.
1954 to
Newton-
Trust
cou¬
1950, $8,000 in
1951, $7,000 in 1952, $8,000 in 1953,
$7,000 in 1954, $8,000 in 1955, $7.-
—
Waltham
interest school
bonds. Dated May 1, 1949. De¬
nomination $1,000. Due July 1, as
Waltham, Mass.
Note Sale
The $500,000 notes
offered May 11—v. 169, p. 2040—
the
p.m. (EST) on May
purchase of $100,000 not
to exceed 4%
Bros.
&
Hutzler, of New
York, at 0.91% interest, plus a
premium of $1.05.
%
to
8
pon
mon
awarded
until
18 for the
$105,000
offered
awarded
were
Road,
Bond Offering — L. B.
Hanna,
Jr., Secretary of the Board of
Education,
will
receive
sealed
on
Additional
Elizabeth
Lansing 15), Mich.
Lehman
at
Sch. Dist. No. 10 (P. O.
4538
sec¬
May
Notes
were
of
approving opinion of Miller, Canfield, Paddock & Stone, of De¬
troit, will be furnished, without
Legality to be approved by Storey,
Thorndike, Palmer & Dodge, of
same
or
multiple of Vx of 1%.
a
bonds
the election held
Boston.
Due
rates
or
These
of
bank
a
designated by
Bidders to name
purchaser.
the
Dated
of
on-
and
par
1954.
May 16 for the purchase of $500,-
Bank
1953, at
trust company to be
nessy, City Treasurer, will receive
sealed bids until 11 a.m. (DST) on
Shawmut
order
interest to the date fixed
1,
terest
Quincy, Mass., V'«...
>
Note Offering—John R. Shaugh-
notes.
numerical
interest payment date
any
redemption, plus a premium of
$5.00 on each bond called for re¬
demption prior to July 1, 1954. No
premium shall be paid on bonds
17, 1949. The second
bidder was : the Second
Bank,
in
may
for
Nov.
National
be re¬
the option of the Dis¬
at
accrued
the
of
Waltham,
at
0.743%
discount.
May 11, 1949. Due on Nov.
terest
Bonds
1963 may be
option
verse
of the
maturing in
redeemed at
District
numerical order
any
in¬
in¬
West Boylston, West Boylston
Water District,' Mass.
main
Sale—The
notes
awarded To
$33,000
offered
R.
L,
,
May
Day &
.V
on
par
and
the
District
pay¬
redemp¬
1953, at
plus
tion,
$20.00
a
premium
redeemed
so
on,
each
bond
or
after
for
as
each
follows:
called
for
redemption prior to July 1, 1955.
$15.00 on each bond called for re-
were
Co.;" of
-
'»
'
.
inclusive.
(P. O.
Walter J.
at
price of 100.13.
a
Robinson
Wade, Inc., for 3s,
and Grand Haven
$26,000
school bonds offered April 11 was
awarded to local
banks, as
23/4s,
at
price of
a
par.
Clair Shores, Mich.
Offering—Douglas Taylor,
Pointe
bids
of Grosse
Dated May
Jan.
on
..
until
8
(EST)
p.m.
cost of about
follows:
as
$48,000 Water bonds. Due Nov. 1,
as
10, 1950.
follows: $3,000 from 1950 to
Due
1.59%.
net interest
was
bid reflecting
a
cost of about
a
1.69%.
Holland and Park Twps. Frac.
Sch.
(P. O. Holland), Mich.
Offering — John Essen-
District Secretary, will
ceive
sealed
(EST)
on
until
bids
7
re¬
p.m.
May 17 for the purchase
April 1, 1949.
Denomination $1,Due $10,000 on April 1 from
000.
sewer
Nov.
bonds.
from
Due
1951
Optional
Nov.
on
1
from
inclusive.
,
$1,000
to
1963
Nov.
1,
1949.
1951
to
1953
'
All of the bonds
1,
dated June
are
Interest
M-N.
Rate
or
rates of interest to be
a
multiple of Vx
and interest
Detroit
expressed in
of 1%. Principal
(M-N) payable at the
Co., Detroit.
Bids
Trust
will
be conditioned upon the un¬
qualified opinion of Claude H.
Stevens, of Berry, Stevens, Barbier & Evely, of Detroit, approv¬
ing the legality of the bonds. The
cost of said legal opinion and of
the printing of the bonds will be
paid by the Village. Bonds will be
delivered
certified
the last two maturities on
1954 or any interest pay¬
$4,000
inclusive.
I960."
1950 to 1959 inclusive. Callable for
1,
and.
1963
3,000 sidewalk bonds. Due $1,000
payment in inverse numerical
or¬
1
inclusive.
Dated
McDonald-
bidder
Co., on
to
Optional Nov. 1, 1960.
on
The second
highest
1958
13.000
April 1 from
on
inclusive,
from
1950 to 1955 inclusive.
May
1949, di¬
vided
Webber, Jackson & Curtis of De¬
troit, on a bid reflecting a net in¬
May 1, 1949.
on
17 for the purchase of
$64,000 not
to exceed 4% interest
coupon spe¬
cial assessment bonds of
Bond Sale—The $55,000 build¬
ing bonds offered May 4—v. 16*9,
p. 1932—were awarded to Paine,
Oct.
!
No. 1), Mich.
Bond Sale—The issue of
1957
der,
Twps.
School District No. 3 (P. O.
Grand Haven, R. R.'il:
Handy Twp. Sch. Dist. No. 6
(P. O. Fowlerville), Mich.
burg,
First
Village Clerk, will receive sealed
Park),
cipation notes offered May 10—v.
169, p. 1932—were awarded to the
No. 9
the
St.
Twp.
Michigan
Note Sale—The $40,000 tax anti¬
Moore &
to
The second highest bid-
was
Bond
Grosse
awarded
Bank, of Ravenna, as 23/4s,
at a price of 100.20, a
basis of
about 2.71%. Dated April
1, 1949.
Due on April 1 from 1952 to 1959
required.
Pointe
1
State
Treasurer, is
of the
able
Detroit.
at
or
Enclose
amount of the
the
to
a
cashier's check for 2%
bonds, pay¬
Village Treasurer.
ment date thereafter.
If any such
maturing in 1958 or 1959
are
called in 1954 or 1955, a pre¬
mium of 102 will be paid thereon,
bonds
if
so
in
called
1956
1957, a pre¬
paid thereon,
if called thereafter no premium
will be paid.
Bidders to name the
Sumpter Township School District
(P. O. 44500 Judd Road,
R. No. 3, Belleville),
of
rate
interest, expressed in a
multiple of Vx of 1%. Principal
and interest (A-O) payable at the
Peoples State Bank, Holland. The
approving opinion of
market
some
attorney, will be furnished by the
purchaser at his
certified
able
check
the
to
own
for
District
expense.
A
$1,000, pay¬
Treasurer, is
required.
Bond
Indep. Twp. Sch. Dist. No. 1 (P.O.
6330 Pine Knob Road, Route 1,
Clarkston), Mich.
Offering — Kenneth N.
Bond
Healy, District Treasurer, will re¬
sealed
(EST)
on
bids
until
6
p.m.
May 16 for the purchase
of $80,000
not to exceed 6% inter¬
coupon
bonds. Dated
June 1, 1949. Denomination $1,000.
Due on June 1, as follows: $5,000
from 1950 to 1954 inclusive; $6,000
from 1955 to 1959 inclusive, and
school
est
$5,000
from
Bonds
sive.
June
numerical
inverse
and
accrued
date
terest
interest,
of
y4
on
or
callable in
order
interest
Bidders to
1959.
ceive
sealed
(EST)
on
of
on
after
name
at
par
in¬
June 1,
any
the rate of
in a multiple
Principal and inter¬
expressed
of 1%.
until
bids
7
p.m./
May 21 for the purchase
$50,000 not to exceed 4V2% in¬
school bonds. Dated
terest coupon
May 1, 1949. Denomination $1,000.
Interest M-S. Due March 1, as fol¬
lows:
$4,000 in 1950 to 1959, and
$5,000 in 1960 and 1961. Princi¬
pal and interest payable at the
Detroit
Trust Co.,
Detroit. The
shall
furnish
bonds
execution at his ex¬
pense. Bids shall
be conditioned
upon the unqualified opinion of
the purchaser's attorney to be se¬
cured at the purchaser's expense
approving
the
legality of "the
purchaser
for
bonds. Bonds will
the
be delivered at
Trust Co., Detroit, or
Detroit
be 'agreed
purchaser. Enclose a cer¬
cashier's check for $1,000,
such other place as may
with the
tified
or
payable to the District Treasurer.
MINNESOTA
1960 to 1964 inclu¬
maturing on or after
1960, will be
1,
Genevieve
Allen, District Secretary, will re¬
ready
ceive
Michigan
Offering —
or
mium of 101 will be
Anoka, Minn.
Offering — C.
Bond
Rudolf
Johnson,. City Clerk, will receive
sealed
until
7:30
p.m.
(C3T)
on
May 23 for the purchase of $150,000
water
provement
in
light plant im¬
bonds. Dated
coupon
1, 1949. Denomination $1,000.
June
Due
and
on
June 1, as
follows: $15,000
payable at a bank or trust
company
in Detroit, Pontiac or
Clarkston, to be named by the
1952, and
$20,000
from 1953 to 1958 inclusive. Bid¬
The approving opinion of
interest, expressed in a multiple
of
Vx or 1/10 of 1%. Principal
est
bidder.
Miller, Canfield, Paddock & Stone
of Detroit, will be furnished to
the
purchaser without cost. A cer¬
tified check for $2,500, payable to
the District Treasurer, is required.
accrued
bond
water
11
date
July 1,
15, 1949.
Note
payment
on
in
interest to date fixed for
Dated
basis of about 1.28%.
The
169,
1952 to 1955. Bonds matur¬
deemed
trict
May 5—v.
highest
Note
awarded
building
000 in
ing in 1954 and 1955
Mass.
$150,000
National
10,
to Lehman Bros.,
York, at 0.86%.
The sec¬
ond highest bidder was Salomon
*
Bank,
0.69% discount. Dated May 9, 1949.
15,
of New
'
bonds.
May 1, 1949. Denomination
$1,000.
Due July 1, as follows:
$25,000 in 1950 and 1951, and $35,Dated
discount.
Sale—The
awarded
were
interest school coupon
4%
tax
Nov. 4 and Dec. 2,
%
on
Northampton,
Note
offered
were
Sale—The
Series
"Bros.
0.772%
at
$75,000
1949.
!
were
The $150,000
—
notes offered May 9 were award¬
ond
Note
Sale
,
ed to the National Shawmut
rBrookline Housing Authority, Mass.
ond
1950.
Methuen, Mass.
at
Dated
Nov.
to
able
expense.
check for $2,000,
Sch. Dist. No.
Sale —The
2040—were
&
terest school coupon bonds. Dated
19,
Heenehan, of New York City.
tional
,
purchaser without
Twp.
O.
Ravenna), Mich.
$25,000 school
bonds offered May 9 — v.
169, p.
of
Paddock
Secretary of the Board of Educa¬
May
on
May 16, 1949,
Denomination
$25,000.
Due on
Nov. 3, 1949. Payable at the Na¬
O.
Taunton), Mass.
f''\
O. Ortonville), Mich.
Offering — Paul Tindall,
000
0.69%
Nov. 14, 1949.
to the
(P.
Bond
of
Stone, of Detroit, will be furnished
A certified
Ravenna
interest,
tion, will receive sealed bids until
8 p.m. (EST) on May 17 for the
purchase of $190,000 not to exceed
$200,000 tax
May 9
Merchants
Canfield,.
Miller,
of
rate
multiple of Vx
approving opinion
The
1%.
the
a
Legality
Due
0.763%.
notes offered
the
company
approved by Sullivan, Donovan &
Braintree, Mass.
Note
(P.
Bond
re¬
of $100,000 not to exceed 3V2% in¬
two
separate
name
expressed in
Bond
Brandon Town ship, Twp. Sch. Dist.
count, plus a premium of $10.00.
Notes are dated May 19, 1949.
Due
be
ders to
terest
&
shall
designated by the purchaser. Bid¬
basis of about 2.08%.
bidder was
0.94% dis¬
highest
Due
Co., Inc., H. V. Sattle.y & Co., Watling, Lerchen &
Co. and Miller, Kenower & Co.,
jointly, for $360,000 as 2s;. $55,000
as
l%s, and $165,000 as 2V4s, a
National
Second
inclusive.
April 1
April 1, 1949. The sec¬
highest bidder was Braun,
ond
Authority, Mass.
Sale—The $270,000 First
awarded
2s.
as
1961
to
on
from 1962 to 1971 inclusive.
Housing
Note
Due
Dated
Heenehan, of New York City.
Jpswich
21/4s.
as
from
1949.
Due on May 16, 1950,
Legality
approved by Sullivan, Donovan &
1, 1949. Denomination
office.
will
trust
or
10, 1949. Due
0.93%.
of
$1,000.
Principal
and
interest
(J-D) payable at the City Treas¬
bank
a
Bank,
Pointe, at 2% interest.
awarded
the First of Michi¬
Corp.,
McDonald-Moore
&
Co., both of Detroit, and Stranahan, Harris & Co., Inc. of Toledo,
at a price of
100.00, a basis of
awarded to the
the
dated June
at
gan
Authority, Mass.
Sale—The
$185,000 first
Housing
part of the is¬
no bid to be less than
and accrued interest.
sue;-
cluded
Boston
premium
composed' of
Grafton
C. J. Devine & Co., at
East
able
$580,000 water
revenue,
offered
1824—were
The
(extension
No
bonds called for
on
Crosse Pointe
'
'$2,500,000 subway bonds of 1945
1961.
1,
paid
MICHIGAN
1950 to
part of each individual loan.
2
0.96%, plus $1 premium.
are
Bond
redemp¬
demption on or after July 1, 1961.
Principal and interest (J-J) pay¬
Adrian, Mich.
Bank, of Boston, at 0.85% interest.
LOT NO.
be
Grosse
inclusive.
Series
Boston, at 0.853%
May 19, 1950. Legality ap¬
by Sullivan, Donovan &
Heenehan, of New York City.
basis
a
for
tion
on
Gloucester,
price of 100.27,
Na¬
proved
1949
ent rate may be bid for all but no
•'"V.
rate of
a
the
to
of
Second
J. Devine & Co., New
York, second high bidder, named
169, p.
Cape
11—v.
awarded
a
about
1954
Bank
the
to
interest. C.
Mass.
Sale—The $110,000 Maca¬
Ann National Bank, of
serial
bid to be less than
no
and accrued interest and
tional
Notes
and
called
July
Pay¬
Co., of
Trust
Delivery will be made at
awarded
was
Gloucester,
The
inclusive.
5
0.92%.
Bond
1957, $10.00
—
was
Detroit,
bond
1,
Day
to
the
Winthrop Housing Authority, Mass.
Note Sale
The $75,000 first
series notes offered on May
12
premium of $11.00.
Bank,
1953
after July 1, 1955,
1959 inclusive.
inclusive, and $3,000
at
on or
prior to July
each
on
Monday, May 16, 1949
on or after July
1, 1957, but
prior to July 1, 1959. $5.00 on each
bond called for redemption on or
after July 1, 1959, but prior to
said bank for Boston funds.
Bros.
bidder
1949.
1,
1952
able
sec¬
May
Salomon
June
demptior.
but
$1,000.
Due
on
follows: $4,000 from
from
Hutzler, of New York, at 0.90%
Note
5,000,000 permanent housing for
Due $250,000
offered
to
of
as
Boston.
$1,280,000
notes
awarded
were
1949. Due
1,400,000 building
construction
and
land
acquisition bonds.
>
Sale—The
2040—were
construc¬
ways
bonds.
June
1
NO.
Dated
May 1 from
on
dated
are
1,
1950 to
Gloucester Housing Authority,
Massachusetts
bonds
$1,500,000 public
2.18%.
Due
CHRONICLE
Denomination
June
inclusive.
1979
the
purchase of $11,250,000 general obligation bonds,
divided
May 1, 1949.
interest, plus
Ouermg—Henry F. Bren-
1
as 2y4s, at a
basis of about
a
FINANCIAL
as
a
Notes
of¬
notes
169, p. 2040—
Ripley & Co.,
price of 100.86,
to
The1 second
nan, City Treasurer, will receive
sealed bids until noon (DST) on
%
9—v.
100.06,
&
lVgs, at a price
basis of about 1.48%.
Boston,
1948
Inc.,
&
Boston, Mass.
Bond
May
of
awarded
were
i
Act
loan,
fered
Box
.Billerica), Mass.
.
Dudley, Mass.
Note Sale—The $144,000 sewer¬
age
Billerica
COMMERCIAL
Montague Twp. Con. Sch. Dist.
(P. O. Montague), Mich.
Bonds
Not
Sold—The
$160,000
school
bonds
169,
2040—were not sold
p.
bids received
offered
were
May
11—v.
as
rejected.
all
1951
ders to
and
name
and iterest
the
rate
payable at
or
any
rates of
suitable
banking institution designated by
the
purchaser.
The
approving
opinion of Harold W. Moody, of
St.
Paul, and Dorsey, Colman,
of Minneapolis, together
Barber,
with
the
printed* bonds,
furnished to the
expense
check
will
be
purchaser at the
of the City. A certified
$3,000, payable to the
for
City Treasurer, is required.
Volume
169
Number 4803
THE
Fairmont, Minn.
Bond Offering—Stanley Stew¬
art, City Clerk, will receive sealed
bids until 7:30 p.m. (CST) on
May
17 for the. purchase
of $150,000
sanitation
and
bonds.
pon
improvement
Dated
Bidders to
name
the rate
of interest, expressed in a
multiple of 1/10 or y4 of 1%.
Principal and interest payable at
apy suitable bank or trust com¬
pany designated by the purchaser.
The
approving opinion of Faegre
& Benson of
Minneapolis, together
with the printed
bonds, will be
out
the
to
cost.
A
purchaser with¬
certified
check
for
re¬
(P.
O.
Meyer,
bids until 1:30 p.m. (CST) on May
266 for the purchase of $1,200,000
building
and
equipment coupon
bonds. Dated June 1, 1949. Denom¬
ination $1,000. Due Jan. 1, as fol¬
lows: $25,000 in 1952 to 1954, $30,000 in 1955 to 1958, $35,000 in 1959
to 1961, $40,000 in 1962 to
1964,
$45,000 in 1965 to 1968, $50,000
in 1969 to
1972, $55,000 in 1973 to
1976, and $60,000 in 1977 to 1979.
Dated
quired.
Dec. 1, 1948.
Legality ap¬
proved by Charles & Trauernicht
March
Bonds
maturing
in
re¬
any
thereafter.
1970
1974
to
will be each subject to redemption
on Jan.
1, 1964 and any interest
payment
thereafter.
date
maturing in the
will
be
years
Bonds
1975 to 1979
each
subject to redemp¬
tion on Jan. 1, 1969 and any inter¬
est payment date thereafter. The
prepayable
deemed
bonds
in
will
of
order
be
serial
demption price of
par
interest. Bidders to
rates
or
of
of
1,
and accrued
the rate
name
y4
of
1/10
or
ming pool bonds.
1949.
price of 101.00,
2.80%. Dated
Due on March 1
a
the
about
1949.
1950 to
1959
community
&
health
of
1%.
The approving
the
to
District
Treasurer, is
a price of
Dated Feb. 1, 1949. Denomi¬
nation $1,000. Legality approved
by Charles & Trauernicht, of St.
of issue.
and
Liberty, Mo.
Jan.
1,
held
Oct.
on
A.
to
500.
zation
able
Sold —The
Not
tion
held
Due
March
on
1964
No.
Interest J-J.
These
authorized at the elec¬
on
Not
to
exceed
the
5%
sole
$2,500,000
Denomination
June
on
1
clusive.
$1,000.
from
1950
Bonds
to
1964
in¬
after
June
basis
of
about
by
National
2.977%, was sub¬
Bank of America
the
Trust
&
Savings Asso¬
Francisco. Bonds
San
of
dated
are
April 1, 1949 and ma¬
April 1 from 1951 to 1969
on
& Co., for $150,000
price of 100.08.
a
as
3V4%
sanitary
works
$40,000
water
bonds
-
has
Trauernicht of St. Louis.
sold.
Dated
Jan.
15, 1949.
b.y Charles &
Legality approved
out
cost.
to
A
the
check
for
$2,000 is required.
.Tcdd
-
County Indep. Sch. Dist.
No. 103 (P. O. Hewitt), Minn.
Bond
Offering—Maurice Ester-
District Clerk, will receive
sealed bids until 8 p.m. (CST) on
mann,
May 20 for the purchase of $20,000 funding bonds.
Dated June
1, 1949. Denomination $1,000. Due
$1,000 on Jan. 1 from 1951 to 1970
inclusive.
Bidders
rate or rates of
in
a
The
to
name
the
interest, expressed
multiple of V\ or 1/10 of 1%.
approving opinion of Faegre
&
Benson, of Minneapolis, to¬
gether with the printed bonds^
will be furnished to the purchaser
A
certified
check for $500, payable to the Dis¬
trict, is required.
without
Bond
station
expense.
Wayzata, Minn.
Sale
The $15,000
—
bonds
offered
May
*
County Sch. Dist. No. 23
(P. O. Poison), Mont.
Bond
Offering—Lola
M.
City Treasurer,
ter,
sealed
bids
in
H.
will
of
care
:
finger, District Clerk, will receive
sealed bids until 1 p.m. (MST) on
May 31 for the purchase of $329,000
not
to
building
1949.
first
second
choice
and
choice
June
serial
of
the
If amortization
Board.
or
interest
bonds—JJated
the
may
6%
1,
Amortization bonds will be
the
sold
exceed
and
issued
the
be put into
divided
into
one
bonds
School
bonds
entire
are
receive
of
interest, expressed in
ple of y8
bonds
will be
A
er.
the
Denny,
pressed in
a
bonds
will
in
each, the
come
issued
are
be
the
sum
payable
will
issue.
and
If
sold
amount
of $9,000
on
they
of
$1,000
will be¬
Dec. 1, 1949, and
become
payable
on
June 1,1950, and the sum of $8,000
will become payable on the same
'
Offering
City
Russell
—
Clerk,
H.
will
receive
(DST) on
May 19 for the purchase of $173,000
not
to
exceed
6%
interest
water coupon or
registered bonds.
Dated
June 1, 1949. Denomina¬
tion $1,000. Due on June
1, as fol¬
lows: $5,000 from 1950 to 1983 in¬
clusive, and $3,000 in 1984.
cipal
and
interest
Prin¬
(J-D)
The
approving
kins,
opinion
Delafield
York
&
of
Haw¬
Wood, of New
City, will be furnished to
purchaser. A certified check
for
,
$3,460, payable to the City, is
required.
of
Storey,
Dodge, of
&
,;il
,
Leon R. Har-
—
sealed
on
coupon
vided
registered bonds, divi-
or
follows:
as
$200,000 electric light plant bonds.
Due on June
1, as follows:
$8,000 from 1950 to 1954 in¬
clusive, $10,000 from 1955 to
,1964 inclusive^ and $12,000
;from 1965 to 1969 inclusive.
.
Bidders
to
name
the
rate
of
interest, expressed in a mul¬
tiple of y8 or 1/20 of 1%.
150,000 water'
June
1,
Station), N. J.
Bond
bonds
1933—were
May
9—v.
awarded
to
169,
p.
J. Van
B.
from
bonds.
1955
to
$8,000 from
Due
1959
1960
1969 inclusive.
name a
Due
on
June
Dated
1
June
from
1, 1949.
1950 to
1969
inclusive.
Chatham
Twp. School District
(P. O. Chatham), N. J.
Bond
Offering
Thomas
—
A.
Purvis, District Clerk, will receive
on
May 23 for the purchase of $60,-
tion
1
not
to
exceed
6%
$1,000. Due $3,000
from
1950
to
1956
cipal and interest
interest
on
incl.
(M-S)
at the First National Bank,
son.
Bidders to
name
interest, expressed in
Prin¬
Johnson, of Middleburgh, will be
furnished
to the purchaser upon
request. A certified check for $160
payable to the Fire District Com-;
missioners, is required.
Hempstead Union Free Sch. Dist.
No. 5 (P. O.
Mineola), N. Y.
Bond Offering—Mrs. Edna Tier-
sten, District Clerk, will receive
sealed
bids
at
the
office of John
H.
Borrie, of Denton -Building,
Mineola, until 2:30 p.m. (DST) on
May 18 for the purchase of $1,165,000 not to exceed 4% interest
school
1849
coupon
Dated June
bonds.
or
1,
registered
1949. De¬
nomination $1,000. Due on Dec.
1,
as
follows: $50,000 from 1950 to
1958 inclusive; $65,000 from 1959
to
1961
inclusive; $70,000 in 1962,
and
$75,000 from 1963 to 1968 in¬
clusive. Principal and interest (JD)
payable at the United States
Trust Co., New York City. Bidders
to
the
name
rate
of
interest,
ex¬
pressed in a mutliple of y4 or 1/10
of 1%. The
approving opinion of
Hawkins, Delafield & Wood, of
Hempstead Union Free Sch. Dist.
No. 23 (P. O. Wantagh), N. Y.
Bond
Offering — Catherine
Macdonald,
receive
District
sealed
Clerk,
bids
until
on May 20 for the purchase
$850,000 not to exceed 4% in¬
1952 to
1978
and interest
1964
Principal
First National Bank
of Bellmore,
Bellmore, N. Y. Bidders to name
the rate of
multiple
interest, expressed in a
y4 or 1/10 of 1%.
of
The
approving opinion of Haw¬
kins, Delafield & Wood, of New
City,, will be furbished to
York
the
purchaser
certified
without
cost.
A
$17,000, pay¬
District, is required.
check
able to the
„
for
Jasper, Troupsburg, Woodhull,
Greenwood,
Cameron and
Canisteo
No. 1
in¬
Central
Bond
Sch.
Dist.
(P. O. Canisteo), /
New
Bidders to
single rate of interest,
in a multiple of
inclusive.
(J-D) payable at the
Yotfz
Offering—Ralph A. Bul¬
lock, District Clerk,
will receive
sealed bids until 3:30 p.m.
on
1, 1949. Denomina¬
Principal and interest
payable at the Vineland
(J-D)
land,
or
at
at the option of the hold¬
the
York
of
Guaranty
Trust
Co.,
City.
The approving
Caldwell,
Marshall,
May
1954
$3,000 from 1950 to
inclusive, and $4,000 from
1969 inclusive.
Principal
interest
(M-N) payable at
First State Bank, Canisteo.
and
the
without
charge. 'A certi¬
bonds
offered
of the amount
of
each
issue,
payable to the Borough Treasurer,
is required.
•
NEW MEXICO
Belen, N. Mex.
Bond Sale—The $100,000 reve¬
nue bonds offered May 9—v.
169,
p. 2041 — were awarded to the
Robert E. Schweser Co., of Omaha
at
a
price
of
102.50,
about
3.48%.
years,
second
optional in 10
highest bidder
cher
&
Co.,
Due
on
a
in
a
basis
of
to
25
one
years.
The
was Boettbid reflecting a
net interest cost of about 3.64%.
NEW
New
Bond
multiple
District
Offering
York.
—
Treasurer,
C. B. Parker,
will
the
name
rate
of
in¬
multiple of
y4 or 1/10 of 1%.
The approving
opinion
of
Vandewater, Sykes,
Heckler
&
Galloway,
of
New
York City, will be furnished to
the purchaser without cost. A cer¬
a
tified check for $1,500, payable to
the District, is required.
Liberty, N. Y.
Bond
den,
Offering—Chandler
Village
ceive
sealed
(DST)
on
Treasurer,
bids
May
20
Bor¬
will
until
re¬
1
p.m.
for the
pur¬
chase of $83,600 not to exceed 5%
interest municipal incinerator
coupon or
registered bonds. Dated
June 1, 1949. Denomination $1,000,
except
one
for $600.
Due
on
June
follows: $4,600 in 1950; $5,000
1951 to 1955 inclusive, and
$6,000 from 1956 tp 1964 inclusive.
as
from
Duanesburg,. Quaker Street Fire
Dist. (P. O. Quaker Street),
Madi¬
to
terest, expressed in
I,
YORK;
(DST)
purchase of
the
1955 to
Bidders
chaser
for
follows:
as
City, will be furnished to the
pur¬
19
$75,000 not to exceed 5% interest
school, 1949 coupon or registered
bonds.
Dated May
1, 1949.
De¬
nomination $1,000. Due on May 1,
Trimble & Mitchell, of New York
of
p.m.
school,
1949
coupon
or
registered bonds.
Dated June 1,
1949.
Denomination $1,000.
Due
on
Dec. 1, as follows: $20,000 in
1950 and 1951, and $30,000 from
inclusive;
to
Dated June
er,
will
3
terest
on
1/20 of 1%.
or
the rate of
a
ex¬
(J-D) payable at the
Schenectady
Co., Schenectady. The ap¬
proving opinion of Bingham &
Vs
March
payable
interest,
expressed'
Ingen & Co., of New York, as 2!/4s,
a
price of 100.31, a basis of
2.21%.
of
Trust
clusive, and $9,000 from 1965
to
.
at
about
rate
a
multiple of y4 or 1/10
1%.. Principal
and
interest
of
follows: $6,000 from
1954 inclusive; $7,000
fied check for 2%
Sale—The $190,000 school
offered
the
name
pressed in
as
1950 to
opinion
Branchburg TWp. Sch. Dist. (P. O.
Box No. 65, North Branch
on
of $8,000
(DST)
Bond Offering
New
f,
(DST)
exceed
5% interest fire
house coupon or
registered bonds.
Dated June 1, 1949.
Denomination
$500. Due $500 on June 1 from
1950 to 1965 inclusive.
Bidders to
of
Vineland, N. J.
National Bank & Trust Co., Vine-
opinion
Palmer
to
61
payable
New York City, will be furnished
at the Boardwalk National
Bank,
Atlantic City. Bidders to name a to the purchaser without cost." A
certified check for $23,300, pay¬
single rate of interest, expressed
able to the District, is required.
in a multiple of V8 or 1/20 of
1%.
approving
Thorndike,
school coupon or registered bonds.
Dated March-1, 1949.
Denomina¬
of
Educa¬
tion $1,000.
serial
date
of
Principal and interest payable at
the City Treasurer's office.
The
sealed bids until 8 p.m. (DST)
the
Board
sealed bids until 2 p.m.
interest, ex¬
multiple of y4 of 1%.
000
from
the
Margate City, N. J.
Bond
of
rate
years
period of 20
to
tion, is required./
June 1 from 1950
inclusive.
Bidders
to
principal and interest to be
payable in semi-annual install¬
a
furnished to the purchas¬
check for $4,500,
certified
payable
on
ments
during
The ap¬
proving opinion of Hawkins, Dela¬
Wood, of New York City,
1,1949. Denomination $1,000.
$25,000
1958
as
both
1/20 of 1%.
or
multi¬
a
field &
First
the
not
(M-S) payable at the
South River Trust
Co., South Riv¬
er.
Bidders to name a single rate
Bank,
(DST) on
noon
single bond
several
cou¬
Dated
sealed bids until 3
p.m.
May 27 for the purchase
and interest
Fos¬
issue
the Board of Trustees may deter¬
mine upon at the time of sale
bonds.
March 1, 1949. Denomination
$1,000. Due $15,000 on March 1 from
1651 to 1965 inclusive.
Principal
'
NEW JERSEY
Wol-
p.m.
registered
or
National
Lake
$8,000
fire
10—
Offering—Carl
purchaser.
MONTANA
purchaser with¬
certified
Bond
.
Boston, will be furnished to the
est payment date thereafter.
furnished
1
Concord, N. HJ
name
and
sewer
improvement
terest
inter¬
The
approving opinion of Faegre &
Benson of Minneapolis, together
with the printed bonds, will be
pon
.
to
Bonds Sold—An issue of
8
to exceed 6% interest school
vi
NEW HAMPSHIRE
Due
Wentzville, Mo.
until
(DST) on May
18 for the purchase of
$225,000 not
inclusive.
June
Walker
been
said date and any
bids
bids until 11 a.m. (DST)
May 24 for the purchase of
$350,000 not to exceed 6% interest
inclusive.
1, 1959, being subject to re¬
demption at par and accrued in¬
on
Brunswick Twp. Sch. Dist.
(P. O. South River), N. J.
Bond Offering—Helen F.
Kipp,
District Clerk, will receive sealed
not
H.
Due $5,000
maturing
East
Concord,
until
May 17 for the
purchase of $225,000 departmental
equipment coupon bonds. Dated
2s, at
re¬
'
kin, Borough Clerk, will receive
ture
on
Education, is
quired.
school
mitted
1
Board of
cer¬
payable
May 10—v. 169,
2041—was rejected. The bid,
price of 100.2451 for 3s, or a
p.
a
interest
on
July 20, 1948. Legality ap¬
proved by Stinson, Mag, Thomson,
McEvers & Fizzell, of St. Louis.
The second highest bidder was G.
held
Bond Offering—O. L. Gifford,
Village Clerk, will receive sealed
bids until 8 p.m. (CST) on May
16 for the purchase of $75,000 per¬
manent
improvement
revolving
fund bonds.
Dated June 1, 1949.
to the
bid
permanent
Sauk Rapids, Minn.
$1,200,
the
Sold—The
for
bonds offered
1
Dated May 1, 1949. Denomina¬
improvement revolv¬
ing fund bonds offered May 9—v. tion $1,000. Principal and interest
169, p. 1932—were not sold as all payable
at
the
First
National
bids received were rejected, be¬ Bank, Kansas City. These bonds
cause of a taxpayer's protest.
were
authorized at the election
$6,-
County, Reno Sch. Dist.
10 (P. O. Reno), Nev.
ciation,
to
are
for
Bonds
Vernon, Mo.
$150,000 sewer¬
disposal plant bonds offered
April 25 were awarded to George
K. Baum & Co., and Lucas, Eisen
& Waeckerle, Inc., both of Kan¬
sas
City, jointly, at a price of
100.06, a basis of about 1.97%, as
2s.
year
serial, will be redeem¬
option of the City at
submitted
Bond Sale—The
1954
day each
Washoe
age
as
like
NEVADA
Mount
from
a
the
were
check
nicht, of St. Louis.
as 13/4s. Due on March
from 1950 to 1953 inclusive.
pay¬
April 4. A certified
$2,000, payable to the
above Clerk, is required.
bonds
$35,000
of
sum
time after five years from the
bonds
1/20 of 1%. The approv¬
or
furnished to the purchaser. A
tified check for
the
bonds, whether amorti¬
or
at
any
Mo.
$123,000
purchased by G.
Co., of St. Louis, as
previously noted in v. 169, p. 1825,
were sold as l%s and
2s, are dated
May 1, 1949, and approved as to
legality/by Charles & Trauer¬
$500,000
in
1950, and
same
date of issue.
District,
H. Walker &
115,000
Richfield, Minn.
,
The
Vs
ing opinion of Hawkins, Delafield
& Wood, of New York
City, will
issued
are
ment will be in the amount of
H.
Bond Sale Details—The
building
1,
a
paid, except that the last instal¬
Co., of Kansas City, as
price of par.
Dated
School
during
they will be
of $500 each; the
July
in
of
(2153)
from the date
If serial bonds
on
at
payable
thereafter until all such bonds
1949.
Macon
be
years
amount on the
1948, has been sold
a
to
as
principal
$1,500 will become due and
Bonds Sold—An issue of $35,000
park improvement bonds, author¬
at
both
sold,
able
2y>s,
bonds
determine
sale,
period of 20
MISSOURI
Bennett &
City
single bond
several
may
of
interest
amount
election
the
semi-annual instalments
Louis.
required.
Bonds
time
and
Co., of Memphis, at
the
of
one
into
Council
the
opinion of Dorsey,
Colman, Barker, Scott & Barber,
Minneapolis, will be furnished to
the purchaser by the District.
A
certified check for $24,000, pay¬ follows:
able
be put into
the
center
par.
at
choice
divided
or
sold to M. A. Saunders
was
1,
Amortization bonds will be
choice and serial bonds
second
may
Bonds Sold—An issue of $15,000
bonds
July
Council. If amortization bonds are
sold and issued the entire issue
inclusive.
Oktibbeha
2%
Dated
first
the
a re¬
interest, expressed in
multiple
a
re¬
num¬
bers, lowest numbers first, at
3s, at
as
basis
ized
date
ed bids until 7:30
p. m. (MST) on
June 7 for the purchase of
$35,000
not to exceed 4% interest swim¬
169, p. 1609 — were awarded to
the Citizens Bank & Trust Co. of
26,
payment
Miss.
$100,000 public
utility notes offered April 12—v.
to
interest
Laurel, Mont.
Offering — Tillie Hobendorf, City Clerk, will receive seal¬
Sale—The
Belzoni,
.
Bond
Belzoni,
Note
Bonds maturing in the years 1965
1969, will be each subject to
demption on Jan. 1, 1959 and
Acertified check for
$2,000, pay¬
to the above
Clerk, is re¬
County (P. O.
Starkville), Miss.
Clerk, will receive sealed
serial
or
due date thereafter
to maturity, at the option
of the School Board. Interest J-D.
of St. Louis.
Wayzata),
Bond Offering—Clifford
amortization
able
Minnesota
District
paid. The bonds,
interest
any
Bonds Sold—An issue of $20,000
from
144
are
prior
2y4% school bonds has been sold.
Hennepin County Con. Sch. Dist.
No.
CHRONICLE
in full
10 years from the date of issue on
Amory Separate Sch. Dist., Miss.
a
S3,000, payable to the City, is
quired.
FINANCIAL
bonds, will be redeemable
MISSISSIPPI
or
rates
furnished
of such bonds
cou¬
May 1, 1949.
Due $10,000
&
day each year thereafter until all
whether
inclusive.
May 1 from 1950 to 1964 inclu¬
sive.
1933—were awarded to
p.
Piper, Jaffray
&
Hopwood, of
Minneapalis. Dated May 1, 1949.
Due on May 1 from 1951 to 1955
Denomination $1,000.
on
169,
v.
COMMERCIAL
receive
Bidders
to
name
the
rate
of
in¬
terest, expressed in a multiple of
1/10 of 1%.
Principal and in¬
terest
(J-D)
payable at the Na-
62
(2154)
THE
tional Bank of
Liberty.
The ap¬
proving opinion of Vandewater,
Sykes, Heckler & <• Galloway, of
New York
City, will be furnished
purchaser without cost. A
the
to
Limestone,
Bond
Sale
2041—were
N.
The
—
offered
awarded
rate
of
interest,
a multiple of 1/10 of
approving opinion of
Vanderwater, Sykes,, Heckler &
furnished
the
to
purchaser
without cost. A certified check
for $74°i payable to the Town, is
required.
"
'
"
*
Little Falls
'
~
(P.
South
O. R. D. No. 4,
Little Falls), N. Y.
Bond
Sale—The $6,650
build¬
ing of 1949 bonds offered May 2
—v.
169, p. 1825—were awarded
to John Bame, of Nassau, as 2.30s,
at a price of 100.25, a basis of
about 2.25%.
Due
on
Dated May 2,
1949.
May 2 from 1950 to 1962
Lockport, N. Y.
Bond
Sale—The
bonds
$78,000 water,
May 11—v.
offered
169, p. 2041—were awarded to the
Niagara County National Bank &
Trust
at
Co.,
Lockport,
price of
a
1.30s,
as
100.155,
basis
a
Bond
han,
ceive
of
Falls
Treasurer,
sealed
bids
until
2
p.m.
for the pur¬
chase of $40,000 not to exceed 5%
(DST)
on
May
1965
16
OHIO
3%
1969
to
:
bonds
has
been
inclusive. Reg-
hold¬
Due
North
the
to
Bank
at
Sale
—
May
11—v.
1
from
1950
Manor
(P.
to
p.
1934—were
syndicate composed
of Halsey, Stuart & Co., Kidder,
Peabody & Co., Union Securities
coupon
as
or
registered
follows:
1.27%.
Dated
May 1, 1949.
May 1 from 1952 to 1959
inclusive. The second highest bid¬
der was E. H. Rollins & Sons, for
1.40s, at a price of 100.12.
Due
on
Middletown, N. Y.
Sale—The $326,000 public
improvement, 1949 bonds offered
May 10 — v. 169, p. 2041 — were
awarded to Halsey, Stuart & Co.,
of New York, at 1.40s, at a price
of 100.21, a basis of about 1.37%.
Dated June 1, 1949. Due on June
sealed
-
at
price
a
about
Due
of
2.23%.
Dec.
on
100.18,
basis
a
Dated May
1
1,
1 from 1950 to 1965 inclusive. The
of
100.20.
North Hempstead Union Free Sch.
Dist. No. 7 (P. O. Great
Bond
Neck), N.Y.
Offering— Margery
C.
;Dated
$75,000
and
on
July 1, 1949.
De¬
Due $70,000
$1,000.,
March
1953,
Sept.
1;
and
$80,000
1950 and 1951,
Sept. 1, 1952
*
March
and
1954 * and
1955, "$85,000
1, 1956 and 1957,
$90,000 March and Sept. 1,1958 and
of
March and Sept.
1969
1959,
$95,000
March
and-Sept. 1,
$100,000 March and
Sept. 1,. 1962 and 1963, and $105,000 March and Sept. 1, 1964 and
*
,
■
-
Cross, and Wood, Struthers
& Co., jointly for 1.40s, at a price
(DST).
1.960 and 1961,
■
velt &
rioon
March and Sept. 1,
1949.
1950. to
from
until
nomination
v.
inclusive.
.
the purchase of $2,2%% interest refunding
bonds.
sewer
169, p. 1934 —
Weil, Roth &
Irving Co., of Cincinnati, as 21/4s;
—
bids
800,000
Place), Ohio
$200,000
May 5
!
"/
Weck-
May 24 for
O. Elmwood
■
second highest bidder was Roose¬
a
Parma, Ohio
Corp.,
.
Bond
or
in
Offering—George
Bond
1965.
Bonds
Sept.
1,
maturing March and
callable Sept. and
respectively; bands
maturing March and Sept. 1) 1959,
callable Sept. and March 1,, 1956,
respectively;
bonds y maturing
March and Sept. 1, 1960, callable
Sept. and March 1, 1955, respec¬
1958,
March 1, 1957,
.
about
interest,-expressed
1959
awarded to the
were
adjusted
169,
of
Bank, for 3s„ erling, City Auditor, will receive
Sale—The
Bond
fered
a
Bidders to hame the rate
highest bid¬
Kenton, Ohio 1
"*••1;/-.
Bond Offering —John P. Cook,
Goldman, Sachs
& Co.,
City Auditor, will receive sealed
$30,000 street,
Series
A
bonds. Blair & Co., Inc., Stone & Webster bids
until noon (EST) on May 25
Securities Corp., Shields & Co.,
Due $3,000 on June 1 from
for the purchase of $100,000"3%
Salomon Bros. & Hutzler, Merrill
1950 to 1959 inclusive.
swimming pool bonds. Dated
10,000 sewer,
Series
B
bonds. Lynch, Pierce, Fenner & Beane, March
1, 1949. Denomination $1,Estabrook & Co., Barr Bros. &
Due $1,000 on June 1 from
000.
Due $5,000 on Dec. 1 from
1950 to 1959 inclusive.
Co., B. J. Van Ingen & Co., L. F. 1950 to 1969 inclusive.
Bonds ma¬
Rothschild & Co., E. H. Rollins &
Dated June 1, 1949. Denomina¬
turing on and after Dec. 1, 1960,
tion
$1,000.
Principal
and
in¬ Sons, Lee Higginson Corp., First are callable in whole or in part, in
of Michigan Corp., R. S. Dickson
terest (J-D) payable at the First
their inverse numerical order on
& Co., Adams, McEntee & Co.,
National
Bank
of
Glens
Falls.
Dec. 1, 1959, or on any interest
Geo. B. Gibbons & Co., Inc., all
Bidders to name the rate or rates
payment date thereafter at
par
of New York, Schoellkopf, Hutton
of interest, expressed in a mul¬
and accrued interest.
Bidders to
& Pomeroy, of Buffalo, Otis & Co.,
tiple of V\ or 1/10 of 1%,
The
name the rate or rates of
interest,
of Cleveland;
approving opinion of Willard A.
expressed in a multiple of y4 of
Also William Blair & Co., C. F,
White, of Glens Falls, will be fur1%.
The
approving opinion of
Childs & Co., Julien Collins & Co.,
nished to the purchaser. A cerPeck, Shaffer & Williams, of Cin¬
tified check for $800, payable to all of Chicago, Commerce Trust cinnati, will be furnished to the
Co., of Kansas City, Francis I.
the Village, is required.
purchaser without cost.- A certi¬
duPont & Co., of New York, First
fied check for 1% of the bonds
Stewart Manor, N. Y.
Cleveland
Corp., of Cleveland, bid
for, payable to the City, is re¬
Bond Offering—C. M. Jackson,
First National Bank, of Memphis,
quired.
'V
' •V
Village Clerk, will receive sealed Stern Bros. & Co., of Kansas City,
bids
until, 3:30
p.m.
(DST) on Stranahan, Harris & Co., Inc., of
Lorain, Ohio
y
May 24 for the purchase of $16,000 Toledo, Stroud
B o n d
Co., of Phila¬
Offering -—/ Joseph / J.
not to exceed 4% interest fire ap¬
delphia, Union Planters National Mitock, City Auditor, will receive
paratus, 1949 coupon or registered Bank, of Memphis, Newhard, Cook sealed bids until noon
(DST) on
bonds.
Dated June 1, 1949.- De¬
& Co., of St. Louis, George K.
May 26 for the purchase of $278,nomination $1,000.
Due on July Baum & Co., of Kansas City; 400 3%
bonds, divided as follows:
1, as follows: $3,000 from 1950 to Bankers Bond Co., of Louisville,
$72,150 property owner's portion,
1953 inclusive, and $4,000 in 1954.
Boettcher & Co., of Denver, H. M.
street/ improvement
paving
Principal and interest (J-J) pay¬ Byllesby & Co., of Chicago; <
bonds.
Denomination
$1,000,
able at the Garden City Bank &
Also, Fahey, Clark & Co., Field,
except one for $1,150. Due on
Trust Co., Garden City.
Bidders Richards & Co., both of Cleveland,
:
Nov. 1, as follows: $7,150 in
to name the rate of interest, ex¬
Paul
Frederick
& Co.,
of New
1950; $7,000 from 1951 to 1957
pressed in a multiple of */4 or 1/10 York, Juron &
Moody,- of St. Paul
inclusive, and $8,000 in;,; 1958
of 1%.
The approving opinion of A. E. Masten &
Co., Moore, Leon¬
and 1959.
y
Hawkins, Delafield & Wood, of ard & Lynch, both of Pittsburgh,
y 27,250
city portion, street im¬
New York City, will be furnished
Mullaney, Weils & Co., of Chi¬
provement paving bonds. De¬
to the purchaser without cost.
A cago, W. H. Newbold's Son & Co
nomination $1,000, except one
certified check for $320, payable
of Philadelphia, Newburger, Loeb
for $1,250. Due on Nov. 1, as
to the Village, is required.
& Co., of New York, Ryanf Suth¬
follows: $2,250 in 1950; $2,000
erland & Co., of Toledo, Schmidt,
in 1951 and 1952, and $3,000
Troy, N. Y.
&
Bond Offering —« Lawrence J. Poole
Co., of
Philadelphia,
from 1953 to 1959 inclusive.
Collins, City Comptroller, will re¬ Shaughnessy & Co., of St. Paul,
59,700 property owner's portion,
ceive
sealed
bids
until
2
Singer,
Deane
&
Scribner,
of
p.m.
improvement
paving
bonds.
Denomination
(DST) on May 24 for the purchase Pittsburgh, Stein Bros. & Boyce,
$1,000, except
of $1,179,000 not to exceed 4% in¬ of Baltimore, Thomas & Co., of
one for $700. Due on Nov.
1,
terest 1949 coupon or registered Pittsburgh, Wachob-Bender Corp.,
as follows: $5,700 in
1950, and
of Omaha;
bonds, divided as follows:
$6,000 from 1951 to 1959 in¬
Also, Whiting, Weeks & Stubbs.
clusive.
$571,000 tax anticipation funding
of
Boston,
Yarnall
&
Co., of
bonds. Due on April 1, as fol¬
19,300 city portion, street im¬
Atkinson-Jones
&
lows: $59,000 in 1950; $70,500 Philadelphia,
provement paving bonds. De¬
Co., of Portland, Barrow, Leary
nomination $1,000, except one
in 1951; $87,500 in 1952; $104,&
Co., of Shreveport, Jack M.
for $1,300. Due on Nov. 1, as
000 in 1953, and $250,000 in
Bass & Co., of Nashville, Chace,
follows: $1,300 in
1954.
1950, and
$2,000 from 1951 to 1959 in¬
548,000 funding bonds. Due on Whiteside, Warren & Sears, of
Boston, Dolphin & Co., of Phila¬
clusive.
April 1, as follows: $60,000 in
delphia, Glover & MacGregor, of
100,000 garbage land fill system
1950; $64,500 in 1951; $72,500
bonds.
Denomination
in 1952; $86,000 in 1953; $85,- Pittsburgh, Gordon, Graves & Co.,
$1,000.
Hall & Co., both of New York,
i, Due
/
000
in 1954, and
$10,000 on Nov. 1 from
$90,000 in
Leedy, Wheeler & Alleman, of
1950 to 1959 inclusive.
1955 and 1956.
Dated
June
60,000 refunding bonds. Due $10,- Orlando, Lyons & Shafto, of Bos¬
1, 1949. Principal
000 on April 1 from 1951 to ton, McDonald-Moore & Co., of and interest (M-N) payable at the
Detroit, McMaster Hutchinson & office of the
1956 inclusive.
Sinking Fund Trus¬
Co., of Chicago, Miller, Kenower tees. Bidders to name the rate of
Dated June 1, 1949. Denomina¬
& Co., of Detroit, Peoples Na¬
tions $1,000 and $500. The bonds
interest, expressed in a multiple
tional
Bank, of Charlottesville, of V4 of 1%. The
stated in combination will mature
approving opin¬
Prescott, Wright, Snider Co., of ion of
Squire, Sanders & DempApril 1, as follows: $119,000 in
Kansas
City, Julius A.:Rippel,
sey,
of Cleveland,: will be fur¬
1950; $145,000 in 1951; $170,000 in
Inc., of Newark, H. V. Sattiey & nished
by the purchaser at his
1952; $200,000 in 1953; $345,000 in
Co., of Detroit, Scott, Horner & own r expense. A certified check
1954, and $100,000 in 1955 and
interest
sive.
-rates
p.
First
improvement, Series A bonds of¬
compensation series bonds offered
awarded to
the
to
price of 100.50.
of
(.State of)
The $27,000,000
veterans of World War II
assessment
9—v. .169,
The second
Brecksville
was
a
Golf
Dakota, of Bismarck.
Dakota
May
multiple of y4 of 1%.* A certified
Dec.
on
inclusive.
der
District, N. Dak.
$22,000
construction
bonds
sold
special
awarded
coupon
t,
Corp., of Cleveland, as
check for $145, payable to the Vil¬
2%s, at a price of 100.28, a basis
lage, is required.;; J
w
y - i
»
of about 2.70%. Dated Dec.
1, 1948.
Bonds Sold—An issue of
gymnasium
—
sewer
Nov.
1948. De¬
nomination $1,450. -Due SI,450 on
Sept. 1 from 1950 to 1959 inclu-
Cleveland
School
Erie
Sale
offered
1826—were
to
as
Bond
improvement
sanitary trunk
bonds.'Dated
Ohio'
The $4,400 street
Brecksville,
principal only. A certi¬
fied check for 2% of the bid is re¬
quired.
-v';:.::,
;'•
er
Bond
Moyniwill re¬
Monday, May 16, 1949
'
the office
istarable at the option of the
North
Falls), N. Y.
oral bids at
and
CHRONICLE
County Auditor, Hillsboro,
uritiP2 p:m. (CST) on June. 3 for
the
purchase of $25,000 school,
1949 coupon bonds.
Dated July 1,
1949. Denomination $1,000. Due on
July 1, as follows: $1,000 from
1950 to 1964 inclusvie, and $2,000
(P. O.
Offering—Claire
Village
bonds, divided
inclusive.
1949
Glens
Glens
FINANCIAL
&
the
from
Rochester, N. Y.
Weinig Co., of Buffalo, as 1.90s, at
Note Sale—The $1,100,000 capa price of 100.13, a basis of about
ital notes offered May 9—v. 169,
1.85%. Dated May 9,<T949. Due on p. 2041—were awarded to SaloJuly 1 from 1949 to f953 inclusive.! mon Bps. & Hutzler, of New
The- second
highest^bidder was York, ai 6% interest, plus a preFirst
National
Bank,
Mlegany,1mkimi of $58,077.80. Dated May
for 2V4s, at a price of p&rr'
15, 1949. Due on May 15, 1950.
■-
sealed
of
ex¬
The
C. E.1
the
the
in
pressed
be
Y.
to
Co., of Rochester. Bidders
name
Galloway, of New York City, will
$7,500 water
9—v. 169, p.
May
to
1%.
certified check for $1,672, payable
to the Village, is required.
bonds
Trust
COMMERCIAL
tively; bonds maturing March and
Sept.
lr 1961,
callable Sept. and
respectively; bonds
maturing
Marchand
Sept.
1,
1962, callable Sept. and March 1,
1953, respectively; bonds matur-!
ing March and Sept. 1, 1963, call¬
able Sept. and March 1, 1952, re¬
spectively; bonds maturing March
and Sept. 1, 1964, callable Sept;
and March 1, 1951, respectively,
and
bonds'"maturing March and
Sept. 1, 1965, callable Sept: and
March 1, 1954,
March
the
Bidders to name
1, 1950.
rate
pressed in
of
rates
or
a
interest,
ex¬
multiple of t4 of 1%.
Principal and interest (M-S) pay-;
able at the legal depository, pres¬
ently the Cleveland Trust CoV
Cleveland. The approving opinion
of Squire, Sanders & Dempsey, of
Cleveland, will, be furnished :at
the expense of the purchaser.- A
,
Griffen,
ceive
District
sealed
(DST)
Clerk,
bids
will
until
3:30
re¬
p.m.
May 17 for the pur¬
chase of $2,470,000 not to exceed
on
4% interest school coupon
or reg¬
istered bonds. Dated June 1, 1949.
Denomination
$1,000.
Due
on
,
June
1,
as
1950. to
follows: $80,000
1954
inclusive;
from
,
$95,000
from 1955 to 1957
000
from
1958
inclusive; $105,to 1964 inclusive;
$85,000 from 1965 to 1969 inclu¬
sive; $80,000 from 1970 to 1974 in¬
clusive, and $75,000 from 1975 to
1977
a
inclusive.
part of
an
$2,669,000..
rate
of
These
bonds
authorized
Bidders to
interest,
are
issue
the
name
expressed
multiple of y4 or 1/10 of
Principal and interest (J-D)
of
in
a
1%.
pay¬
able at the Corn
Exchange Bank
& Trust Co., New York City. The
approving opinion of Hawkins,
Delafield & Wood, of New York
City, will be furnished to the pur¬
chaser without
cost.
A. certified
check for $49,400, payable to the
School District, is required.
certified
Ausable,
Saranac,
Schuyler
Falls and Black Brook Central
School District No.
Peru), N.
Bond Sale—The
1
(P. O.
Y.
j
$240,000 build¬
ing and equipment bonds offered
May 11 — v. 169, p, 1933 — were
awarded
to
the
Marine
Trust
Co.
of Buffalo, and R. D. White & Co.,
of New York, jointly, as 2.40s, at,
price of 100.56, a basis of about
May 15, 1949. Due
on Nov. 15 from 1950 to 1978 incl.
a
2.35%. Dated
1956.
interest,
Pitts ford,
Long Meadow Water
Dist. (P. O. Pittsford), N. Y.
Bond
Seward,
Offering
—
Supervisor,
Edward
will
of
not
to
exceed
5%
receive:
interest
out
Pittsford
office
cf
the
at
the
Security
the rate of
cost.
A
certified
check
for
$23,580, payable to the City, is re¬
quired.
Mason,
of. Lynchburg,
Scranton
&
NORTH DAKOTA
.
Caledonia School District, N. Dak.
Bond Offering—Mrs. Chas. Hat¬
field, District Clerk, will receive
Chas.
W.
Co., of New Haven,
for 2%
of the amount of the
Denver, Starkweather
New
&
Co., of
York, Sterne, Agee & Leach,
—
$10,000 fire
bonds offered
fighting apparatus
May 7 — v. 169, p. 1934
awarded
Birmingham, R. D. White & Co.,
Corp., of Cleveland.
and J. R. Williston &
York.
The
price
of
100.31
for
Co., both of
group
the
bonds
1.40s,
a
Dated
May 15, 1949. Due
15 from
basis..of
1950
to
paid
about
1948. Due
on
First
Dec.
were
—
Cleveland
Dated Dec. 1,
1
from
1959 inclusive.
Bond
.
Offering—John'1 H.
the
of
.
1950 to
\
as
Canton,
Ohid
Village
bids
Clerk, will receive
untiLnoon
(DST)
the
Styer,
c/o First.
until
8
May 27 for the pur¬
chase of $80,000 3% building and
equipment bonds. Dated April 15,
1949."
Denomination $1,000.
Due'
$4,000
Oct. 15 from 1950 to 1969
Bidder may name a dif¬
of interest, exoressed
on
inclusive.
rate
ferent
in
on
mulptile of V4 of 1%. Princi¬
a
pal and interest (A-O) payable at
National
First
the
certified
A
dora.
Bank
check
Pan¬
of
for $800,
payable to order of the Board of
Education, is required.
Printed
bonds and legal opinion of Squire,
Sanders & Dempsey,
bidder
successful
District's
the
at
of Cleveland,,
the
furnished
will -be
expense.
Rocky River, Ohio
Bond Sale—The
$26,000
on
May 27 for the purchase of $14,500
•
,
,
street:
special assessment;
bonds offered April 30—v. 169, p..
improvement
1611
awarded
were
—
Clark & Co., of
to
Cleveland,
Fahey,
l%s,v
as
100.17. a" basis of'
about 1.71%,,* Dated Jund l, 1949.
at
price
a
Due
of
Dec.
on
1 from
1949
1953
to
*
inclusive.
Rossford Exempted Village*
'
i'
School District, Qhio
>
7 Bond Offering—Roberta Skaggs,;
,
^
Clerk
of the Board
of Education,,
will receive sealed bids until May,
for
the
purchase
/
> -
of
$285,000;
;•/
rr
*Struthers,
Ohio
„
<
"r
;
•
—
Bond Offering—John F. Pearce,*
Auditor, will receive sealed
noon (DST) on May 21,
purchase of $9,853.72 4%:
City
bids until
for
the
improvement,
bonds!
special
Dated
as¬
March
1,
$1,000, except
one for $853.72.
Due on Dec. I, as
follows: $1,853.72 in 1950. and $2.1949. Denomination
Bond Offering—Lester L. Brau-
cher,
sealed
•
of Education,
Pandora,
Bank,
(EST)
p.m.
street
;
Board
will receive sealed bids
National
sessment
North
July
1958 inclusive.
the
a
1.33%.
on
to
of
"
Clerk
school bonds.
The
1%
Riley Local School District (P* O.
Pandora), Ohio / ^ *
-
26
Louisville, Ohio
Sale
Bond
Watkins, Morrow & Co., both of
New
bid,
payable to the City, is required.
Sidlo, Simons, Roberts & Co., of
.
$1,000. Due on June 1. as follows:
$2,000 from 1950 to 1967 inclusive,
and $1,000 in 1968.
Principal and
payable
name
expressed in a multiple
1/10 of 1%. Principal and
of Hawkins, Delafield &
Wood, of New York City, will be
furnished to the purchaser with¬
water coupon or registered bonds.
(J-D)
or
opinion
Dated June 1, 1949. Denomination
interest
y4
interest (A-O) payable at the
City
Treasurer's office. The approving
D.
sealed bids until 2 p.m. (DST) on
May 16 for the purchase of $37,000
Bidders to
for
offered, payable to the City,;
is required.
Z"1
t
Peru,
check
bonds
000
from
Eidders to
1951
to
name
1954
inclusive.
the rate
or
rates
Volume
169
Number 4803
THE
of
interest, expressed in a multi¬
ple »oi
of 1 %. The approving
14. Bonds
COMMERCIAL
dated June 1, 19449.
are
&
FINANCIAL
CHRONICLE
livered to
the purchaser.
A cer¬
tified check for 2% of the face
amount of the
bonds, payable to
Denomination $500. Due $4,000 oh
opiniont ■ of
Squire, Sande rs, .&
Eterqpsey, of (.Cleveland, will .be
furnished.-at the expense of the
purchaser. A certified check for
44
of
1%.
.
Chyrchill,
Bond
.
Sale,
The
32
Oregon (State of)
Bond
r%.fjl69, p. 1827—were awarded
to
Offering—W. F.
>
:
stroom, Director of Veterans'-Af*
be sold
.Ryan,ji Sutherland & Co.,.,of fairs, will receive sealed bids until
Toleeia^vas:;
at a > price of 10 a.m. (PST) on May 26 for the
100.734*, a basis of about 1.575%. purchase of $3,000,000 not to ex¬
Sale ephSisted;Of:
v
c.«j ceed 2% interest veterans' welfare
bonds.
Denomination
Oct. 1 from 1950 to 1958 incl.
24,000
1
;
bonds.
from 1950 to
1
Due
from 1950 to 1954 incl.
52,000 paving bonds. Due
1
'
Oct.
on
from
thereafter.
1950 to 1959 incl.
rate
52,009. park improvement bonds.
Due
;
Oct.
on
from
1
11)57 incl.
":'j:
AH of the bonds
■
are
dated June
1,. 3 94.9. Second high bid of 100.063
lories, was made by Otis & Co.,
Cleveland.,.,
■
}>"■
OKLAHOMA
000
site* acquisition, building
and furniture bonds
'May 4.— v. 169, p. 1934
awarded
Co
*
and
•
.!
.
1
to
the
:
the
awarded
First
were
Securities
and ) the
Co.
interest
I
lest bidder
i,
Oklahoma
City Sch. Dist., Okla.
»«"«' Sale
The $3,000,000
.school bonds' offered May 10—v.
of
Bank
about
of
net
a
3.146%,
as
to
1959
syndicate
'
,
-
-
(
-■
H:
5
f
,-ris
to
a
composed of Halsey,
Co., C. Edgar Honnold,
art- &
Oklahoma
:
awarded
City,
-
Stranahan,
&
Co., Inc.,: of Toledo, A.
Beqker & Co., of Chicago, R. S.
:ksoru &
Co., of New YQrk,
oud
&
Co., of Philadelphia,
Trust Co., George K.
Co., both * of Kansas
City, Julien Collins & Co., of Chi¬
cago,, First
National
Bank,
of
mmerce
&
O.*; im
Due
All of the bonds
1, 1949 and those maturing after
July 1, 1954, are callable at par
and accrued interest on that date
or
on
date.
000
3V4S
was
and $66,made by the Pacific
Northwest'Co., of Seattle.
Principal and interest (J-J) pay¬
able at the fiscal agency of the
from
1952
1,560,000
1
as
to
1954
l3/4s,
1
inclusive.
Due
on
June
from 1955 to 1966 inclusive.
1,050,000
as
2s.
Due
on
June
1
.from 1967 to 1974 inclusive.
Bonds
Due
are
June
on
009 from
and
dated
1,
1952
as
to
June
1, 1949.
follows: $130,1973
$140,000 in 1974.
terest
coupon
1
from
1952
to
1961
inclusive.
City or at the
County Treasurer.
approving opinion of Winfree, McCulloch, Shuler & Sayre,
of Portland, will be furnished. A
certified check for $5,000 is re¬
quired.
of
the
The
1950.
All
other
interest
1
and Dec. 1
thereafter.
Denomination
certified
Wayne, Okla.
Bond
Sale—The
$14,000 water
system bonds offered April 5—v.
169, p. 1498—were awarded to the
It, J.
Edwards, Inc., of Oklahoma
City.
Wewoka
School
District, Okla.
Bond Sale—The $27,000 build¬
ing and equipment bonds offered
on May 11—v.
169, p. 2043—were
awarded
to
Evan
L.
Davis,
of
Tulsa, and the First National Bank
6 Trust Co., of Oklahoma
City,
jointly. Due $3,000 annually from
1951
to
1959 inclusive.
OREGON
Jefferson County Sch. Dist. No. 30
(P. O. Metolius), Ore.
Bonds Not Sold
The $68,000
—
school bonds offered April
*
69,
p.
1719—were not
are
for
$1,000.
$1,000
Burgettstown,
Bond
19—v.
sold.. The
being reoffered
on
May
Offering
Borough
is
A
re¬
—
Pa.
W.
Craig,
Secretary,
Chester County Institution
Dist.
West Chester), Pa.
—
M. H. Brock,
Chief Clerk of the
County Com¬
(P. O.
Bond
Offering
missioners,
bids
24
until
will
2
p.m.
receive
(EST)
for the purchase
obligation
sealed
on
coupon
bonds.
Sons, of Philadel¬
on
1962 inclusive. The second
highest
bidder was Lawrence Savings &
Trust Co., New Castle, for
l%s,
at a price of 100.34.
'
(DST)
May
on
26
chase of $38,000
for
the
Dated
May 15, 1949. Due on May
15 from 1950 to 1969 inclusive.
Scranton, Pa.
Offering—James T. Han-
Bond
Mayor,
will
receive
sealed
bids until 11
a.m.
(DST) on May
purchase of $110,000
improvement coupon bonds. Dated
25
for
the
1960
inclusive.
the
name
in¬
terest, expressed in a multiple of
Vb of 1%.
The approving opin¬
ion of Townsend, Elliot & Munson, of Philadelphia/ will be de¬
of
highest
bid reflect¬
a
cost
of
about
2.59%.
Greene
County (P. O.
Greeneville), Tenn.
Bond
bonds
Sale—The
offered
$215,000
May
6—v.
road
169,
of
rate
Bidders
interest,
to
ex¬
p.
riman,
Ripley
Co., Inc., and
Drexel
&
Co., of Philadelphia,
jointly, as 1%, at a price of 101.11
basis of about 1.67%. The second
a
fied
check for 2%
of the amount
of the
bonds, payable to the City
Treasurer, is required.
Offering—Johp
C.
Deal,
and
other
bonds.
purposes
Dated May 1, 1949. Denomination
$1,000.
Due $8,000
1950
1974 inclusive.
and
to
May 1 from
on
Principal
interest (M-N) payable at the
Bond
District
son,
ceived
of interest, expressed in a
multiple of 44 of 1%.
Legality
be approved by
Ropes, Gray,
Best, Coolidge & Rugg, of Boston.
bids
will
8
re¬
p.m.
Nether Providence
Twp. (P. O.
Wallingford), Pa.
Bond Sale
The $50,000 im¬
provement bonds offered May 5—
v.
169, p. 1935—were awarded to
the
Delaware
Bank,
as
County
Chester,
price of 100.31,
a
National
l%s,
as
basis of
at
a
about
1.31%.
on
Dated June 1, 1949.
Due
June 1 from 1950 to 1959 inclu¬
sive.
was
The
second
Yarnall
&
highest bidder
Co., for 144 s, at a
price of 100.39.
New
Kensington, Pa.
Bond Offering
Heinle,
City
Clerk,
—
will
Louis G.
receive
sealed bids until 8 p.m.
June
tion $1,000.
1, 1949.
Denomina¬
Due $10,000 on June
1 from 1951 to 1960 inclusive. Bid¬
der
to name a single rate of in¬
terest, expressed in a multiple of
C.
at
a
Knoxville, Tenn.
Offering — Jo H. Ander¬
Chairman of the Utiilties
Board, will receive sealed bids
until 10
the
(EST)
a.m.
purchase
of
June 8 for
on
$200,000
to
not
exceed 4% interest water revenue,
general
improvement, 1949
bonds.
Dated
June
1,
coupon
1949.
De¬
nomination $1,000. Due June
1, as
$9,000 in 1952 and 1953,
$10,000 in 1954 to 1957, $11,000 in
1958 to 1962, $12,000 in 1963 to
1966, and $13,000 in 1967 to 1969.
follows:
Bonds
to
maturing in the
1969,
whole
shall
be
1955
years
redeemable
in part at the
or
City's
1,
1954,
demption, plus
1%,
for
thereof
from
on
any
date
of
redemption to
due
redemption. Bidders to
date
of
the
rates
or
pressed in
bonds
of
called
name
interest,
the
ex¬
multiple of 44 of 1%.
a
Principal and interest (J-D)
able at
re¬
premium of 44 of
a
each year or fraction
(but not to exceed 3%)
the
the rate
on
interest
thereafter, at par
or
date
payment
in
op¬
pay¬
Chase National Bank,
New
York City.
The approving
opinion of Wood, King & Dawson,
of
New
nished
York
City, will
be fur¬
the purchaser by the
A certified check for $4,000,
City.
to
payable to the Utilities Board, is
required.
Loudon County
(P. O.
Loudon), Tenn.
$130,000 high¬
bonds offered May 9—v. 169,
Bond
way
Sale—The
1935—were awarded to the Fi¬
p,
delity
B&nkers
Knoxville,
100.30,
basis
a
Trust
244s, at
as
of
a
Co.,
of
price of
about
2.20%.
April 1, 1949. Due on April
1 from 1955 to 1959 inclusive. The
Shelby County (P. O. Memphis),
I
street
improvement bonds pur¬
chased by J. M. Dain & Co., of
Minneapolis, as 1.90s, as previous¬
ly noted in v. 169, p. 1935, were
sold at a price of 100.068, a basis
on
June 1 for the
inclusive; $5,000 from
1958 inclusive; $5,000
1959 to 1962 inclusive;
$75,000
(P.
1967
Offering—Marvin
bids
until
in 1963; $165,000 in
$375,000 from 1965 to
inclusive, and $500,000
1964;
O.
from 1970 to 1972 inclusive.
Kirk-
patrick, County Court Clerk, will
10
500,000 Sea Wall bonds.
June
a.m.
1,
1950;
May 27 for the pur¬
$80,000 not to exceed
344% County Home bonds. Dated
May 1, 1949.
Denomination $1,on
$10,000
1954
Due
on
follows:
as
•
(CST)
pur¬
$4,100,000 bonds, divided
1954
Cleveland), Tenn.
chase
Clerk,
1955 to
County
sealed
Court
$3,600,000 school bonds.
Due on
June 1, as follows: $5,090 in
1950; $15,000 from 1951 to
TENNESSEE
receive
dft
John W. Mc-
follows:
as
from
Bond
Ma
—
County
(CST)
chase of
of about 1.87%.
Bradley
d* ft ft
Bond Offering
will receive sealed bids until 2:30
j De Smet, S. Dak.
until
iy2s,
Bond
p.m.
Bond Sale Details—The $32,000
Roger-
May 16 for the purchase
of $75,000 school bonds.
;
J.
was
for
son,
Goldbrick,
SOUTH DAKOTA
on
Co.,
second
highest bidder was Ray
Burton, Lexington, for 244 s, at a
price of 100.29.
Hospital Trust Co., Provi¬
Bidder to name a single
dence.
Twp. Sch. Dist.
Secretary,
sealed
(DST)
&
Island
R. D. No. 1, New Ken¬
sington), Pa.
Offering—W. M.
highest bidder
1
The
Dated
to
Burrell
Dated
April
on
First National Bank of Boston, or,
at holder's option, at the Rhode
Co., jointly, for l%s, at
price of
1.42%.
Due
1955 inclusive.
for
Wilkinsburg, Pa.
rate
a
to
the
highest bidder was Lee Higginson
Corp. and Aspden, Robinson- &
101.05.
1949.
and accrued interest to date of
sites
&
about
1,
tion in inverse numerical order
school bonds.
District, Pa.
Bond Sale—The $300,000 build¬
ing and improvement bonds of¬
fered May 6 were awarded to Har-
of
Corp., of Nashville,
price of 100.31, a
a
June
a multiple of 44 of 1%.
approving opinion of Townsend, Elliott & Munson, of Phila-
Bond
School
at
pressed in
Secretary, will receive
Erie, Pa.
sealed bids until May 23 for the
Bond Sale—The $1,495,000 im¬
purchase of $140,000 general obli¬
provement, general obligation gation bonds.
Denomination $1,bonds offered May 10—v. 169, p.
000.
A certified check for
$5,000
1827—were awarded to a syndi¬ is
required.
Lansdowne
144 s,
The
pur¬
Dated
of
second
•price of 100.28.
improvement bonds offered May
9—v. 169, p. 1935—were awarded
Harriman Ripley & Co., Inc.,
New York, as l%s, at a price of
100.87, a basis of about 1.54%.
to
T
Bidders to
rate
The
bid
cost
phia, will be delivered to the pur¬
chaser free of charge.
A certi¬
Ephrata Twp. School District
(P. O. Lincoln), Pa.
Bond Offering—Milo H.
Zim¬
(DST) on
May 17 for the purchase of $100,000 coupon improvement
bonds.
the
Co., of
on a
Cumberland Securities
was
April
street
to
price of 100.65, a
Dated May 1,
May 1 from 1950 to
a
Dated June 1, 1949.
Denomina¬
tion $1,000.
Due $50,000 on June
1
from
1950
to
1973
inclusive.
name
&
interest
Corp., Nashville, on
ing a net interest
Bradford
June 1, 1949. Denomination $1,000.
Due $10,000 on June 1 from 1950
l%s at
as
May
of $1,200,000
net
a
from 1951
Pa.
Sale—The $100,000
—
D.
will receive
sealed bids until 7 p.m. (EST) on
May 23 for the purchase of $30,000 general obligation bonds.
general
bonds
check
quired.
Bradford
2.39%.
bidder
second
basis of about 1.73%.
phia,
Baden, Pa.
Offering—The
Bond
bonds.
1,
ming pool bonds offered May 5—
v.
169, p. 1827—were awarded to
(P. O.
June
Dec.
coupons
Bond
Ion,
Bond Sale—The $100,000 swim¬
PENNSYLVANIA
will be for semi-annual
interest and will mature on each
mature
E.
May 17 by
Trust
on
Corporate
Pottstown,
Ellwood City, Pa.
Lower
inclusive,
interest and will
A.
was
school
State in New York
office
The first in¬
be
for
18-
will
interest
3%
Borough
Secretary will receive sealed bids
until May 28 for the purchase of
$46,000 general obligation coupon
roonths'
highest bidder
Maasten &
inclusive.
follows:
June
June
Latimer,
Officer of the bank.
1.95%.,
on
(DST)
noon
W.
:
RHODE ISLAND
Savings Bank, of Chicago, Peopels First National Bank, of Pitts¬
Cranston, R. I.
burgh, Reynolds & Co., of New
Bond Offering — William A.
York, and Schmidt, Poole & Co.,
Brown, City Treasurer, will re¬
Bond Offering—Theresa Gibson, of Philadelphia, as
l3/4s, at a price ceive
sealed
bids
until
noon
District Clerk, will receive sealed of 100.70, a basis of about 1.63%.
(DST) on May 18 for the pur¬
bids until 8 p.m. (PST) on May Dated May
15, 1949. Due on May
chase of $200,000 coupon school
16 for the purchase of $300,000 not 15 from 1950 to 1969
exceed
about
as
received
&
bonds. Dated July 1, 1949. Denom¬
ination $1,000. Due $30,000 on July
on
Due
H.
be
cate composed of the Harris Trust
and Multnomah
Counties Union High School
District No: 10, Jt. (P. O.
Beaverton), Ore.
Washington
to
Due
about
until
will
Borough
subsequent interest
Second high bid
any
payment
of 100.62 for $30,000 3s
Farwell, Chapman & Co.,
both of Chicago, at a price of
100.04, a basis of about 1.96%, as
4s.
of
1,1949.
merman, District Secretary, will
reiceve sealed bids until 8 p.m.
dated July
are
Memphis, Mullaney, Wells & Co.,
as
second
July 1 from
on
1960 to 1967 inclusive.
fend
£300,000
basis
a
1 from 1950 to 1979 inclusive. The
inclusive.
_
2043-—were
100.52,
Dated June
from
Due on July 1
48,000 344s.
,
net interest cost of about 2.60%V
,
National
'y
1952
:
if
First National Bank & Trust
Co. Oklahoma City, and Evan L.
ia'i'is, jointly, on a bid reflecting
<-
Portland,
C.
basis
interest
1949. Due
Bank, and Atkin¬
J.
crued
E. H. Rollins &
composed of
price of 100.27,
a
cost
$48,000 3s.
The second
R. j. Edwards,
was
1935—were
p.
group
follOWS:
*■[ cost of about 2.60%. Due from
*
1958 inclusive.
169,
a
First
Eugene, at
iausas, both of Wichita, jointbid reflecting a net inter-
.5 to
to
National
son-Jones & Co.. both of
up a
.
May 9—v.
on
Small-Milburn
First
a
—
to
1828—were awarded to the
Equit¬
able Securities
.
offered
—
in
Springfield, Ore.
y
Bond Sale
The $96,000 storm
sewer and
paving bonds offered
and
Mulhall School District, Okla. \
Bond Sale—The $84,000 build¬
ing
the
name
ed
1, 1954 and May 1, 1955. Tenders
offering to sell certificates at a
price of not more than 102 and ac¬
■v.
equipment bonds has been sold.
•
to
expressed
creditt
a
trust certificates due Nov.
revenue
bonds
May 16 for the purchase of $2,500
general obligation Bonds.
•
"
.
Bidders
interest,
Fidelity-
$703,781.54
in
the
sinking fund account, which sum
is applicable toward the purchase
of City of Philadelphia 344%
gas
on
County (P. O.
Winchester), Tenn.
$390,000 school
offered May 9 were award¬
Bond Sale—The
reflecting
of
^
Okla.
1,
Bond Sold—An issue of $200,-
t
of
(EST)
is
Franklin
Nashville, and Associates,
.
that there
announces
balance
sealed bids until 7 p.m.
of
Philadelphia Trust Co., Broad and
Walnut
Streets, Philadelphia 9,
privately.
Co., George G. Applegate & Co., and Glover & Macfor 3% of the par value of the*
Gregor, jointly, for 2s, at a price
bonds, payable to the Director of of 100.51.
^
Veterans' Affairs, is required.
.
Atva School District No.
unofficially
,
Hazlett,
63
Coraopolis, Pa.
Bond Sale—The $155,000
gen¬
eral obligation bonds offered
May
10—v. 169, p. 2043—were awarded
to Fauset, Steele & Co., and S. K.
Cunninghaam & Co., both of Pitts¬
burgh, jointly, as 2s, at a price of
on
multiple of 44 of 1%.
The ap¬
proving opinion of Winfree, Mc¬
Culloch,
Shuler
&
Sayre,
of
Portland, will be furnished to the
purchaser. Principal and interest
(A-O) payable at the State Treas¬
urer's, office. • A certified check
to
1951
Due
semiannual interest paying date
Oct.
on
$1,000.
April 1, 1962; subject to optional
redemption by the State, in nu¬
merical order, or in their entirety,
on
April 1, 1954, and upon any
on
1954 incl.
bonds. Due
sewer
Dated July 1, 1949.
coupon
on
&
Tenders Wanted—The
;
<
judgment
is
bids
no
Coal Center, Pa.
Bond Offering—Mamie Shaffer,
Borough Secretary, will receive
.
Oct;
It
as
reported that following settlement
of a legal
snarl, the bonds will
Gaaren-
-
$81,000 fire station bonds. Due
sold
received.
were
-V
.y>-
May
on
not
-
$269,000
.
limited tax bonds offered
1719—were
;
Ruffin
Philadelphia, Pa.
,
Sayre, of Portland.
check for
Pittsburgh.
.
Shuler &
A certified
$2,000, payable to order of the
City Treasurer, is required. Le¬
gality to be approved by Burgwin,
Febvl from 1950 to 1966 inclusive.
Principal and interest (F-A) pay-, the District
Treasurer, is required.
able at the County Treasurer's of¬
Chester Municipal
fice or at the fiscal agency of ths
Authority, Pa.
Bonds Not Sold—The
$100, payable to the City, is re¬ State in New York City. Legality
$5,740,000
bonds offered May 5—v.
quired)
\\
169, p.
t'st-' V.Ur'd- approved by Winfree, McCulloch,
Youngstotwn, Ohio
(2155)
$5,000 in
from 1951 to
inclusive;
$5,000 from
inclusive; $50,000
1963 inclusive,
and $185,000 in 1964.
of
1955 to 1958
from
1959
to
000.- Due on May 1, as follows:
$5,000 in 1952 and 1953; $5,000 in
1955; $10,000 from 1957 to 1959
tion $1,000. Principal and interest
inclusive; $5,000 in 1960, and $10,-
payable
000
from
1961
to
1963
inclusive.
Principal and interest (M-N)
pay¬
able
at
the
Merchants
Bank,
Cleveland.! The approving opinion
of Chapman & Cutler, of Chicago,
together with the printed bonds,
will be furnished and
the
County.
.
'
.
paid for by
r
•
-
;
Dated June 1, 1949;
at
,
the
Denomina¬
Union
Planters
National Bank & Trust Co., Mem¬
phis,
Trust
or
at the Chemical Bank &
Co.,
New York
City. Bid¬
interest,
multiple of 1/10
or 44 of 1%.
The approving opin¬
ion of Wood, King & Dawson, of
New York City, will be furnished
ders to
name
expressed
in
the rate of
a
.
©4
(2156)
to
the
A
THE
certified
purchaser by the
check
for
County.
2%
amount
bid,
payable
County, is required.
Smith
-
Treasurer's
of
the
name
the
to
expressed
1%.
T ennessee
Offering—Clint
Beasley,
County Judge, will sell at public
auction at 10 a.m. (CST) on June
©
issue of
an
ceed
3%
$250,000 not to
interest
school
ex¬
bonds.
Dated April 1, 1949. Due on April
1,
follows: $9,000 in 1950; $10,-
as
000
from
1951
to
1954
1965 to
in
1968,
1967
ward
T.
are
000
at
inclusive; $16,-
Trust
Co.,
ders to
New
J/4
York
of
1%.
in
Bid¬
A certified check
$5,000,
payable
to
Trustee, is required.
the
County
and
for
('*<3
©00
not
to
school bonds.
Dated April 1, 1949.
on
April
1, as follows: $2,000 in 1952 and
.1953; $3,000 in 1954 and 1955; $5,©00
from
and
$25,000 from 1959 to 1968 in¬
1956
clusive.
to
1958
Principal
.(A-O)
payable
at
interest
the
Central
Hanover Bank & Trust Co., New
.York City.
The approving opin¬
ion of Chapman & Cutler, of Chi¬
cago,
together with the printed
bonds, will be furnished to the
purchaser.
A certified check for
$5,000, payable to the City Trus¬
*.
.
$12,000
TEXAS
Offering—Lee E. Herr¬
mann, President of the Board of
Trustees, will receive sealed bids
until 8 p.m. (CST) on
May 24 for
purchase
exceed
5%
of
$195,000
not
interest school
to
house
bonds.
Dated June 1,1949.
De¬
nomination $1,000.
Due $13,000
on June
1 from 1950 to 1964 in¬
clusive.
;
Principal
and
payable at a place desig¬
nated by the purchaser..Bidders to
the rate
name
rates of interest,
multiple of y8 of
1%.
The approving opinion of
some
market
attorney, together
with the printed
bonds, will be
paid for by the District.
A cer¬
in
tified check for
$3,900, payable to
District, is required.
f
*
'
•
g
\
until
7:30
—
'hi,'
'
*
v
J.
p.m.
(CST)
on
May 26 for the purchase of $1,4)00,000 not to exceed 5% interest
t i 1 i t ty improvements
revenue,
Series 1949 bonds.
Dated June
ti
1,
1949. ' Denomination $1,000.
Due
June
1, as follows:
$12 000
in
1950 and 1951, 15,000 in 1952 to
1955, $18,000 in 1956 and 1957,
$20,000 in 1958 to 1960, $21,000 in
1961, $22,000 in 1962 and 1963,
$23,000 in 1964, $24,000 in 1965,
$25,000 in 1966, $26,000 in 1967,
$27,000 in 1968 and 1969, $28,000
in
in
in
1970, $29,000 in 1971, $30,000
1972, $31,000 in 1973, $120,000
1974, $125,000 in 1975, $130,-
000 in
1976, and $110,000 in 1977.
All bonds
due
on
and
after June
1, 1960, will be subject to redemp¬
tion in
inverse order of maturity
prior to maturity on June-1, 1959,
or
any
interest
payment
date
thereafter upon 30 days' published
notice,
at the following percent¬
ages of par plus accrued interest
to date of redemption: 104 to and
including
including
including
including
after
at
leases
June 1, 1963; 103
June 1, 1966; 102
June 1, 1969; 101
June 1, 1972; and
to and
to and
to and
there¬
Principal and in¬
terest (J-D) payable at the State
par.
acres
ing
Bonds Not Sold
exceed
bonds
house
169,
in
are
land for graz¬
on
addition
to
the
scheduled
$15,000,000 bonds, another offer¬
ing of about the same amount will
be made sometime in September.
latter bonds v/ill be issued
These
pursuant to the terms of
tutional
amendent
consti¬
a
adopted
in
lien
a
the Permanent
on
Fund.
Under
the
and
proceeds of the fiwill be apportioned
other educational in¬
14
among
:VERMONT
White,
The $100,000
—
5%
interest
ceive
school
rejected.
were
Odessa, Texas
$470,000
e r
Town
i
n g
—
Marion C.
bids
until
2
re¬
p.m.
May 19 for the pur¬
chase of $70,000 refunding coupon
bonds.
Dated May 1, 1949.
De¬
nomination $1,000.
Due $7,000 on
May 1 from 1950 to 1959 inclusive.
on
Bidders
to
the
name
rate
of
in¬
water works and sewer
improvement bonds: $184,000
as 2 (4 s,
1950 to
due
on April 1 from
1961
inclusive, and
$166,000
3(4s, due
as
from 1962 to
April
on
1969 inclusive.
70,000 fire station bonds: $38,000
2V2S, due
as
1950 to
50,000
1969
street
2V2S, due
to
1961
April 1 from
on
inclusive.
$26,000
inclusive, and $24,000
3 (4 s, due on April
1962 to 1969 inclusive.
1
bids
16
•
until
for
(CST)
purchase of
ceed
3%
May
on
$275,000
interest
Dated May
nomination $1,000.
8
17
for
the
not
to
ex¬
house
15, 1949.
Due
r
bonds, divided
on
De-I
May
May
$65,000
on
follows:
as
sewer
Due $3,000 on June
Due
$3,000
June
on
sidewalk
•
and
curbing
1
from 1950 to 1954 inclusive.
Dated June
tion $1,000.
1, 1949. Denomina¬
Principal and interest
payable at the National Shawmut
Bank of Bostons Bidders to
rate
name
of
interest, expressed in
a multiple of
(4 of 1%. The ap¬
proving opinion of Storey, Thorndike, Palmer & Dodge, of Boston,
one
15, as follows: $13,000 in 195C;
$11,000 in 1951; $12,000 in 1952;.
will be furnished to the purchaser.
$10,000 in 1953 and 1954; $12,000
1955 and
Sherburne
1956; $16,000 in 1957
1958; $17,000 in 1959; $28,000
in 1960; $30,000 in
1961; $34,000 in
1962; $35,000 in 1963, and $19,000
Clerk,of
in
(DST)
1964.
;
Principal
and
interest
(M-N) payable at the place desig¬
by the purchasers. Bidders
nated
to
name
the
pressed in
These
a
rate
bonds
certified
interest,
authorized
were
the election held
A
of
ex¬
multiple of (4 of 1%.
on
check
at
April 23, 1949.
for
$5,500
is
University of
A.
&
Texas
and
Texas
M.
College (P. O.
Austin), Texas
Proposed Bond Financing—
Judge Dudley K. Woodward, Jr.,
Chairman of the Board of
Regents
of the University of
Texas, in ad¬
dressing a group of municipaJ
bond
men
Town
in New
York
City last
Wednesday, disclosed that
the .two
State
institutions will offer, a to¬
tal of $15,000,000 bonds
during the
latter part of June.
The total will
Sch.
the
School
sealed
receive
bids
May
chase of $26,000
shek,
City
Vt.
Prior,
Board, will
bonds.
Dated
for
the
a.m.
pur¬
refunding
1, 1949.
De¬
coupon
June
not
One
multiple
a
of
rate of
(4
of
Bid¬
interest
the
lowest
rate
of
1969.
The bonds will be authenti¬
cated
to
as
National
ton,
Bos¬
genuineness
Shawmut
Bank
by
of
the
Bond
bonds
Sate* —*^*$68,000
offered
May
4—v.
awarded
bonds.
legality will be ap¬
Storey,
Thorndike,
Palmer & Dodge, of Boston, whose
opinion v/ill be furnished the
pur¬
chaser.
June 9
on
$28,000 not to
interest school coupon
Dated June
'
nomination
1950
1, 1949.- De¬
Due
$4,000
$1,000.
tified
check
Washington
Sanatorium
improvement,
May
Series
9—v.
awarded
were
of
par
p.
169,
the
to
Milwaukee,
a
Mills,
Leod,
Young,
Gouinlock
H.
Dated May
1
clusive.
from
2,084,000 3%
The
of¬
1959
Due
in¬
the First National Bank,
was
a
was*-
Securities
jointly, at
a
&
Co.,
and
Do¬
Corp., Toronto,
price of 100.58.
The sale consisted of:
$4,806,000 2(4%
Due
City
June
on
1
debentures.
from
1950
to
"
1954 inclusive.
3,296,000 2%%
.
Due
on
1959
highest bid¬
Chicago, for l34s, at
highest bidder
Gundy
Milwaukee
to
The second
second
Wood,
minion
1828—
1, 1949.
city debentures.
city debentures.
city debentures.
3,296,000 234%
.
Mercantile-
1950
Burgess & Co., of Toronto, at.
price of 101.09, as follows:
$4,806,000 2(4%
Bank & Trust Co., of
and Braun, Bosworth
& Co., Inc., jointly, as l%s, at a
price of 100.82, a basis of about
May
Weir & Co., Bell,.
Co., all of Toronto,
&
McTaggart, Hannaford, Birks &
Gordon, of Montreal, and Charles
Louis,
1.65%.
Montreal, of Mon¬
Spence & Co., Mc-
treal,
building
p.
May 10 were
syndicate composed
of the Bank of
a
bonds
I
offered
awarded to
1%%
169,
Commerce
.
Due
City
June
debentures.
from
1
1950
to
inclusive.
2,084,000 3%
price of
100.77.
on
City
June
debentures.
from
1
1960
to
1969 inclusive.
Wauwatosa,
Dated June
Wis.
Bond Sale—The $320,000 school
building bonds offered May
10—
169, p. 1720—were awarded to
the Harris Trust & Savings Bank,
shall
of
to
Chicago,
and
the
Wauwatosa
Bank, jointly, as l3/4s, at a
of 101.00, a basis of about
1.64%.1
Dated
March
May 15, 1949. Due
16
from
1950
to
1959
1, 1949.
Denomina¬
tion $1,000.
All or any of the de¬
bentures maturing. June 1, 1969,
v.
State
the
Ont.i
/
Debenture Sale—The $10,186,000
debentures
County (P. O.
Claire), Wis.
Eau
of
of
ONTARIO
Eau Claire
der
6%
Toronto,
Due from 1950 to 1959 inclusive.
on
for
inclusive. The
CANADA
Interest payable annually.
St.
1956
bonds, payable to the
District Treasurer, is required.
$48,000 street improvement bonds.
20,000 sewer construction bonds.
Co.,
to
value of the
to
be
redeemable
accrued interest
on
at
any
par
plus
date prior
maturity. Principal and in¬
(J-D) payable in Toronto.
terest
The approving opinion of Clarke,
Swabey, McLean & Ross, of To¬
will be furnished.
'
ronto,
inclusive.
QUEBEC
Wisconsin
Local
The
(State of)
Compiled—
Hull, Que.
Indebtedness
Department
a
of
State
bulletin
Audit
containing
Bonds
000
Sold—An issue of $389,-
bonds
been
has
sold
to
cal subdivisions. Summaries of the
Inc., and Nesbitt,
Thomas & Co., both of Montreal,
jointly, at a price of 97.41, a basis
of about 3.78%, as follows:
last
$81,500
debts
for
the
fiscal
ending on or before Dec. 31,
1948, of each of the State's politi¬
years
five
years
are
presented for
Rene T. Leclerc,
on
WYOMING
Converse County (P. O.
offered
May
5
works
3 (4 s.
May 1 from 1955 to
307,500 refunding,
and
Bond Sale—The $200,000
bonds
sewer
May 1 from 1950 to 1954
inclusive.
Douglas),
Wyoming
tal
water • works
bonds, as 3 (4s. Due
refunding,
and
purposes of comparison.
Bos¬
by
(MST)
p.m.
exceed 4%
Gillespie
& Wouters, of Green Bay, at a
price of 100.001, as follows:
their
proved
7:30
Lines,
bonded
ton.
until
Spooner & Quarles, of Milwaukee,
will be furnished by the City. **
the
of
it
All bids shall specify the in¬
bid for less than par and accrued
interest will be considered. Prin¬
Bank
County School District
2
terest rate to be paid on the bonds.
The approving opinion of
issued
Shawmut
a
approving opinion of Myles P.
Tallmadge, of Denver, will be
furnished by the District.
A cer¬
has
National
bid reflecting
a
for the purchase of
interest
inclusive; $32,000 in 1957
1958; $33,000 in 1959; $34,000
in 1960 and 1961; $35,000 in
1962;
$36,000 in 1963; $37,000 in 1964;
$38,000 in 1965; $39,000 in 1967;
$40,000 in 1968, and $41,000 in
No
cipal and interest payable at the
on
The
Boett-
was
(P. O. Buffalo), Wyo,
Offering — Louis H.
Adams, Clerk of the Board of
Trustees, will receive sealed bids
1956
1%, and
interest.
Co.,
No.
and
awarded to the
highest bidder agreeing to accept
highest bidder
&
May 1,
on
inclusive.
Bond
receive
2%%
Due
1954
net interest cost of about 2.08%.
March 1, as follows:
on
a
May 1, 1949.
1950 to
cher
building
bonds.
Dated
1, 1949. Denomination $1,-
Due
100.03,
second
total
the Stockmen's Bank,
as 2s, at a price
basis of about 1.98%.
to
on
in.
exceed
p.
from
nomination $1,000. Due June 1, as
follows: $2,000 in 1950 to 1955,
name
of
from
Toma-
will
sewer
169,
$10,000 in 1952; $30,000 from 1953
and
ders to
to
and
Johnson
A.
$36,500
May 9—v.
Gillette, jointly,
Dated
(CST) on
May 25 for the purchase of $600,-
price
$1,000 in 1956 to 1969.
of
Wis.
Clerk,
Sale —The
offered
yenne,
bid is required.
Offering—W.
May 1 from 1950
1936—were awarded to the Stock
Growers National
Bank, of Che¬
sealed bids until 5 p.m.
Dist.,
until'11
25
on
the bonds will be
required.
Bond
Bond Offering—Susan T.
and
the
on
Gillette, Wyo.
WISCONSIN
fered
Due $1,000 on June
of
Due
Bond
bonds
Bond Sale—The $275,000 Mount
1950 to 1959 inclusive.
bonds.
5%
Beaver Dam,
1
from
1
for
J
to 1972 inclusive.
in
check
June 1
1969 inclusive.
1720—were awarded to
Cough& Co., of Denver. Dated
May
1, 1949.
Dated June 1, 1949.
amount of the
extension
30,000 street construction bonds.
from
until
school
bonds.
in
tified
from 1950 to 1959 inclusive.
5,000
bids
p.m. (DST)
purchase of
$30,000 water and
Bond
p.m.
2
the
coupons
Sinton
sealed
purchaser.
Rutland, Vt.
Bond Offering—W. J. Simonds,
City Treasurer, will receive sealed
lin
in
1936—were
'
as
April 1 from 1950
as
receive
the
to
bonds.
bonds:
on
nished
p.
interest
1952; $49,000 in 1953,
1954; $51,000 in 1955;
in 1956; $53,000 in 1957;
$54,000 in 1958; $55,000 in 1959;
$56,000 in 1960; $57,000 in 1961;
$58,000 in 1962;. 59,000 in 1963,
and $61,000 in 1964. Interest J-D.
The approving opinion of
Preston,
Thorgrimson
&
Horowitz,
of
Seattle, will be furnished. A cer¬
March
Treasurer, will
sealed
(DST)
;
-
-
$350,000
1
$48,000
$50,000
$52,000
1
on
Bond Sale—The
$115,000 build¬
ing bonds offered May 9—v.
169,
receive
6%
June
inclusive.
Due
County Sch. Dist. No.
O. Lander), Wye.
(P.
$1,000.
Due
on
follows: $47,000 in 1951;
June 1, as
000.
Vt.
Fremont
a.m.
exceed
a
follows:
on
1963
2 (4 s.
,from 1964 to
will
100.12,
as
Due
1960 to
as
Dist.
Denomination
000
*
Cavendish,
to
school bonds.
school
supported bonds purchased by terest, expressed in a multiple of
Columbian
Securities
Corp. r of (4 of 1%.
Principal and interest
Texas, of San Antonio, as previ¬ payable at the First National Bank
ously noted in v. 169, p. 1935, were of Boston. The approving opinion
sold at a price of 100.002, a basis of Storey, Thorndike, Palmer &
of about 3.01%, as follows:
Dodge, of Boston, will be fur¬
X\-i
not
lav/,
the
60,000
(PST) 011
May 26 for the purchase of $750,000
2.29%,
2(4s.
as
from
(P. O. Seattle), Wash.
Offerings—A. A. Tremper,
Treasurer,
Co., of Salt
price of
a
about
as
2s.
Due on June 1
from 1950 to 1959
inclusive.
40,000
No. 412
sealed bids until 10
Utah
$100,000
WASHINGTON
County
of
Lake
L. Burton &
of
about
King County, Shoreline Sch.
composed of
City, Stern
Co., of Kansas City, and
City, at
May 1, 1949. Due on
May 1 from 1950 to 1959 inclusive.
Bond
group
Salt
basis
Craigie &
1.60s, at a
of
of
&
Edward
Dated
In¬
stitutions in the State.
offered
bids received
Ji
1.55%.
5-cent real property
a
W.
A.,
a
Security Bank
Lekt
1936—
p.
Co., of Richmond, as
price of 100.25, a basis
of
excess
169,
awarded to F.
were
S.
$9,000,000 from
2,000 oil wells and $430,-
nancing
April 25—v.
1720—were not sold as all
p.
U.
purposes.
In
May 9—v.
to
First
Bros.
Sale—The $100,000 school
offered
Assets
includes
on
Bond O f f
to
Bond
Investment
of land and annual
000 from leases
tax
1964.
will
a
W. Sloss,
City Secretary, will receive sealed
bids
2,100,000
proceeds of
Hemphill Indep. Sch. Dist., Texas
not
from
securities.
currently
vestment
Principal and
payable at the
State Treasurer's office. Legality
approved by Chapman & Cutler,
of Chicago.
* \
1,
Offering
T
^
Bond
interest
Permanent
the
N.
improvement, series of 1949 bonds
$100,000,000, <Tt which some $82,000,000 is represented by Federal
securities
providing an average
yield of 2(4%. The Fund owns
Indep. Sch. Dist., Texas
Offering — C. S. Hilton,
Secretary of the School Board,
'
the
(M-N)
Brownsville, Tex.
the
by
Government
of
awarded
County (P. O.
Amelia), Va.
jointly by two in¬
August, 1947, but will not consti¬
May 1, 1949. Denomina¬
interest
or
a
VIRGINIA
the bonds will be retired from the
May
on
is administered
secured
Monday, May 16,%949
Amelia
stitutions and will be additionally
tute
tion $1,000.
All of said bonds
maturing in 1965 to 1979, are op¬
interest
(J-D)
expressed
University
$5,000,000
and
tax
Bond
the
$10,000,000
bonds
CHRONICLE
Agricultural and Mechani¬
v
••
Bond Sale Details—The
V
from
$15,000 from 1976 to
inclusive, and $16,000 in
1979.
Dated
>
Banquete Ind. Sch. Dist., Tex.
;
.
and
on
1978
tee, is required.
■fay
to. 1974
tional at par and accrued interest
inclusive,
and
1962
1967,
1975;
receive
4%-interest
Denomination $1,000. Due
Texas
income
bonds.
follows:
as
May 1, as follows:
$13,000 from 1971 to 1973 in¬
clusive; $14,000 in 1974 and
a.m.
exceed
1,
128,000 3 (4 % school house bonds.
(EST) on
purchase of $275,-
June 9 for the
inclusive.
house
1968 to 1970 inclusive.
Booth,
will
May
$6,000
inclusive;
$10,000 in 1965; $11,000 in 1966
Due
Chairman,
and
1959
school
on
from
County (P.O. Erwin), Tenn.
sealed bids until 11
of
Texas
Fund
$6,000 in 1960 and 1961; $7,000
County
Bond Offering—Fred D.
,
follows:
as
1955,
1956 to
Due'
y
(Jnicoi
and
101,000 3%
opinion of Chapman & Cutler, of
Chicago, together with the printed
bonds, will be furnished to the
purchaser.
1954
from
of
multiple
approving
a
The
& Co., of San An¬
publicly offering $275,-
Due on May 1, as follows:
$1,000 in 1950; $3,000 in 1951;
$4,000 in 1952 and 1953; $5,000
&
rates
or
in
expressed
Bank
City.
the rate
name
interest,
of
Chemical
of
(4 of
Volz
bonds, divided
and
the
multiple of
$46,000 2V2% school house bonds.
$17,000 in 1969.
Principal and interest (A-O) pay¬
able
consist
to
interest,
FINANCIAL
The
tonio,
clusive; $13,000 in 1961 and 1962;
$14 000 in 1963 and 1964; $15,000
©00
Bidders
,
rates of
or
a
George West Indep. Sch. Dist., Tex.
Bonds Publicly Offered — Ed¬
inclusive;
$11,000 from 1955 to 1957 inclu¬
sive; $12,000 from 1958 to 1960 in¬
from
in
&
approving opinion of cal College bonds.
Judge Wood¬
McCall, Parkhurst & Crowe, of ward spoke at a luncheon spon¬
Dallas, and Vandewater, Sykes, sored by the Harris Trust & Sav¬
Heckler & Galloway, of New York
ings Bank in order to familiarize
City, together with the printed the municipal fraternity with the
bonds, will be furnished to the details of the forthcoming offer¬
purchaser by the City.
A certi¬ ings. The bond issues will be sup¬
fied check for $20,000, payable to ported
by revenues from the Per¬
the City, is required.
manent Investment Fund, which
County (P. O. Carthage),
Bond
office.
the rate
COMMERCIAL
sewer
water
bonds,
hospi¬
Due
on
were
1964
inclusive.
as
.
@FedFRASER