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MAY
ADMi
library
0l)9-
>
MONDAY
I,
a
17t|gl|^|
in 2 Sections
Section
-
Reg. U. S. Pat. Office
Volume
167
Number 4699
New
York, N. Y.j Monday, May 17, 1948
Price 75 Cents
Copy
a
;•.
General Corporation and Investment News
RAILROAD
PUBLIC UTILITY
-
INDUSTRIAL
-
INSURANCE
-
Admiral Corp.—Sales & Profits
Higher—
3 Months Ended March 31—
Civilian sales
LIABILITIES—Accounts
;V
,
,1948
bond
1947
$12,004,168
$7,981,791
530,410
511,461
$0.59
$0.57
Ket earning! after taxes—.
/—
Earnings per share
——-—...
_/—/
J
dends
'
retirement
series
The
registration
The company's
and
Nov.
1689.
p.
with
$1)
(par
changed
was
167,
filed
the
Oct.
withdrawn
was
1947
20,
SEC
30,
April
Quarter Ended March 31—
Net
earnings
after
taxes
Earned per common
share.:
$1.01
Net
Jan.
$635,600;
reserve,
par
value)
and
$4
cumulative
preferred
$7,000,000; class A stock (48,664
class
earned
B
stock
surplus,
(479,726
the
week
ended
May
without
shares
$9,721,643;. total,
par
State
$29,375,097.—
6,
1948
the
Net
stockholders
;
/
April
on
30
additional
in
$0.20
the
shares
making
American
of
of
common
capital
requests that
.
stock
certain
of
contributions
the proposed
to
sale be
petitive
Approved—
authorized," company
during
greater
other
subsidiaries
other
such
incur indebt¬
to find
read
and
rayon
'
90,085,000
sales
of
likewise
the
stockholders
125
amounted
the
in
corporation's
history.
to $55,963,874, ; compared
with
increase of $10,293,104, or 22%,
expect that the, new acetate rayon
period,
pounds,
Reichel
In
the
Dr.
$45,670,170
an
."We
102,760,000
pounds
amouning
or
present.
to
sold in the first quarter of 1947,
corporation for the first quarter of 1948 were
the
greatest
the
to
cellophane
with
net
$1.82
first quarter of 1948 were at full capacity
any preceding quarter in
the corporation's
Reichel, Chairman of the board and President,
in
Total
the com¬
with the
cellophane
a
twice
of
production
is
capacity
further
that
every
during
1948,
the
as
in excess of sales."
about
to
production.
indication
prewar
our
"There
75,000,000
American
Bosch
Corp.—To
Increase
Capitalization—
tures Converted Into Common Stock—
,
/
1947
be
for
,/
,
will
which
is
generally
^
'
;
•"
at
/
•••.
CONSOLIDATED BALANCE SHEET
,/•
;
■
^
,
is
;
continue
products
our
■"
will
pounds,
'•
/
business
our
demand
•
facilities
yarn
•
//•
said,
„
'
in
full operation during the last few months of 1948 and that the cello¬
phane production will be increased to about 56,000,000 pounds by
the end ,of the year,"
Dr. Reichel
said. ' "We expect to increase
subsidiaries,
exempted from
In connection
of
$4,030,895
$3.30
the
than
statement
a
3,615,237
$7,057,446
-
share-—
common
compared
proposed
to
were
Sale3
regarding the following:
bonds, 3 lA % series, due
1977, of Pacific Power & Light Co., an electric utility subsidiary of
American.
American proposes to sell to non-affiliated interests the
$2,100,000 of bonds and apply the proceeds toward the purchase of
bidding requirements of Rule U-E0.
sale, American may employ an investment banking house
purchaser or purchasers for the bonds and pay such invest¬
up to $20/000,000,
Company currently has no funded debt.* / ment banking house a finder's fee estimated at not to exceed lA of
Proceeds would be used In company's improvement program.—V. 167.
1% of the principal amount of the bonds.—V, 167, p. 2025.
1917,''
'•'"'/
American Telephone & Telegraph Co.—More Deben¬
Increase in Authorized Debt
The
edness
per
said in
Through Negotiation—
5,519,738;
———
profit
"Operations
206,100
428,979
——
taxes
$7,852,232
$13,006,163
taxes—
income
Earned
330,332
_
income
of
and
i
—
.before taxes/—
Federal
Input—
inputs
system
——
income
Profit
;
1947
1948
$55,963,874 $45,670,170
12,889,303
7,421,349
116,860
100,551
—
-—
Other
stock,
shares
(& Subs.)—Earnings—
Ending March 31—
sales
Income from operations
Interest earned
company has asked SEC permission
American owns $2,100,000 first mortgage
1946
$1.42
-
(payable
The
1947
1948
stock
history," Dr. Frank H
$27,418,144 $24,105,492 $16,000,000
1,307,471
1,829,609
252,043
_
plan
(without par value),
To Sell Sub. Co. Bonds
Allegheny Ludlum Steel Corp. (& Subs.)—Earnings—
Sales
B
7.
,
„
class
3 Months
subsidiaries
of this company amounted to 227,192,000 kwh., an increase of 26,829,000 kwh., or 13.39%
over
the corresponding week of 1947,
American Steel
to
\
and
American Power & Light Co.—Weekly
-Registration Statement
7295)
stock
common
name
Corp.—V.
Pump
(No.
statement
stock
A
value), $8,670,537;
V. 167, p. 937.
For
last, covering 100,000
,
A
without
Withdrawn—
„•
class
on
I
American Viscose Corp.
from
payrolls,
5, 1948),
$264,195; unclaimed dividends, $6,588; other current liabilities, $339,000; instalment notes payable to bank—secured
(contra), $188,611;
Reflecting the company's complete conversion to civilian manufac¬
ture, the first quaner report showed no government business on
Admiral's
books.
Last
year
winding up government contracts ac¬
counted
for
additional first quarter rales
of $1,870,342, extending
the 1947 first quarter total to $9,852,133.—V. 167, p. 1253.
All American Industries, Inc.-
payable (trade), $1,232,495; tax and savings
payrolls, $94,028; accrued taxes, $1,090,166;
$50,863; accrued contract discounts, $81,372; divi¬
deductions
accrued
MISCELLANEOUS
-
'
Mar. 31/48 1 Dec. 31/47
Of the original
blbck of $357,532^00 ten-year, 2%% debentures
$
ASSETS—
e$.cl\ of* v due 1957/ $271,035,300 remain outstanding, according to the latest
Cash and marketable
'ijC^cUss A and class By stock.
- ■*
'*.*%
K figures released by the New York/t|tock Exchange,, The decline re¬
securities.——: 66,240,151 .67,375,195
They will also vote on changing "each: presently authorised share of ;
Accounts receivable and accrued, interest—.j—
flects conversion of the debentures1 into capital stock. ■ - v
15,912,708
18,077,242
; 1, //
H
"$1 par value capital stock into one new share of $! par value class Z
;
The
j/———c——28,173,179. 27,558,513
15-year convertible debenrares :
doe j981,- whioh>were / Inventories "
A stock.—V.
167/p. 645. ; ' ... /
!'/,
/ * ...
/Prepaid insur, premiums & other def'd iterns.^
l76,753
issued for $343,087(700 in' December;.: 1946, now; "are outstanding in
.384,554 V
Other assets and investments.^
/ 675,556
the amount of $282,959,700.—V./167, p, '1798.
689,799
1
!
American Broadcasting Co.—To Offer Stock
Rights, patents, processes at amortized costs—
1,333,465
1,280,728
Anderson-Prlchard Oil Corp.—Partial Redemption—
Land, building & equip., less res. for deprec.—89,609,339
88,156,132
The company on May
6 filed
an
amendment to its registration
stockholders
The
*!,
stock
capital
»
2
June
on
will
consider
1.500,00 shares, vtg
to
increasing the authorized
consist of
*
750,000 •shares
.
.
'
,
statement
covering
500,000
writers—Dillon/Read
&
indebtedness
off
pay
the shares
is
shares
Co.,
and
($1
New
..
_
,
.
common stock.
Under¬
Proceeds will be used to
television
services.
Offering of
expand
The
par)
York.
expected May 17.—V. 167,
p.
*
"
a
have
voted
to
redeem
20,000
shares
of
the
company's
date for determining
will be drawn by lot.
The shares of preferred stock to be redeemed may be converted into
common stock at th option of the holders up to and including, but
not after, June 17, 1948.—V. 166, p. 1574.
10,
1948,
was
established
as
the
record
the list of holders of preferred stock whose shares
American Coach & Body Co.—Files With SEC—/
-
The company on May 7 filed a letter of notification with the SEC
covering 10,112 shares ($5 par> common stock, to be sold at $12 each
to Robert W. Hadley, President of the company, and Harold P. Smith,
Treasurer.
Proceeds will be used for
working capital.—V. 165,
share.
American
■
B.
R.
1917. -. /
p.
Potash
Armour,
■
■/'.
Chemical
&
Chairman
of
;
/'>//
,/
Corp.—Expansion, Etc.
the
board, announces that the first
tmit of the new $2,000,000 power
plant expansion would be completed
early in May and that the second would be ready in October.
Con¬
struction of the new $5,000,000 soda ash-borax
plant has proceeded on
schedule and it is anticipated that these new
facilities, will be com¬
pleted in June.
Earnings from this production should be available
during 1948, Mr. Armour said.
'/V
'/■"'•'/ ' V
,,
CONSOLIDATED
■v>
Gross
'
*7':
■
•/
■■
sales, less discounts,
other
Cost
INCOME ACCOUNT FOR YEARS
allowances
of
goods
Gross
profit
returns, freight
.
sold—.;
•
DEC.
31
"•
V»1946
ana
$13,637,700 $10,738,367
—
-
9,778,861
sales.—
on
ENDED
1947
8,162,002
$3,858,839
; 1,115,689
$2,576,365
$2,743,150
536,281
$1,700,820
424,307
income—Z—$3,279,431
$2,125,127
Selling, admin, and general
(net)—
expenses
Other
income—
Total
Loss
./_—
——
—
875,545
—
—
,
retirement of equipment—y.—/..■/r
Retirement plan expense, excl. of $52,350 chgd.
to retirement plan reserve for past service '
on
benefits
litigation
Miscellaneous
income
JProvision
for
Federal
Provision
for
State
income.
Preferred
Civs,
on
Earnings
•Restated
*•'> ;
85,400
on
.
income——
purposes
17,207
369,500
.
65,000
27,500
$2,106,319
-
-V.
Stock and Bond Quotations
'►■V-./K-;Page
13
New York Stock Exchange (Bonds)
24
New York Curb Exchange..
——*
29
Baltimore Stock Exchange
—-*.
^-33
Boston Stock Exchange
JU-.
--,^-33
Chicago Stock Exchange
33
Cincinnati Stock Exchange——-^-—
^--34
Cleveland Stock Exchange——^——-34
Detroit Stock Exchange
———35
Los Angeles Stock Exchange——.———35
Philadelphia Stock Exchange
-36
Pittsburgh Stock Exchange—
—36
St. Louis Stock Exchange.:
—36
New York Stock Exchange
(Stocks)-—-
>
t
ENDED
$2.87
...
.,,
MARCH
,
profit after taxes (est.)—
Earnings per class A and class
31
"
■
B
share.
$575,000
$0.78
$1.07
...
BALANCE SHEET,
of
Great
$33,286;
U.
receivable
S. Govt,
(net),
DEC.
"31,
(at market value),
$1,443,697;
accrued
interest
inventories, $1,657,480;
assets
in
United
Kingdom
including
Britain,
to
bank
and other gssets,
Stock
Exchange
(contra), $190,401; miscellaneous
$167,263; total, $29,375,C97,
-i-
.
deferred
-
-
.
charges
5,488.946
23,681,545
51,902,656
12,441,618
21,764,597
reserve.
42,000,000
42,000,000
53,521,314
....
general
as a
...
News.Cover
51
Redemption Calls and Sinking Fund Notices—45
The Course of Bank Clearings..
-43
—46
204,424,992 201,188,322
167,
1917.
p.
Condition
41
....
Federal Reserve System—
Refining Co. —Merger and New Pre¬
stockholders
The
proposal
a
is
merger
Issue
to
is
It
;
to
sell
and
at
INCOME
early date.
an
ACCOUNT
and
sales
Net
income
Number
Net
income
on
of
inc.
...
(other
cost
its
Ashland
plans
account
own
—..—45
-
to
'
outstanding
Issue
shares
preferred stock
already been reduced
through conversion.
has
ENDED
MARCH
Z
1948
31
1947
'
17,625,188
...—
amortiz,
&
of
intang.
.
of
of
1,069,272
outstanding....—
com.
/
•
after
prov,
for
$1,509,030
products sold, operating
taxes), and interest,
'
,
general
and
;
965,352
«.
.
$1.48
——$?.05
.—
i
781,766
' 804,000
$3,332,600
—
shares
,10,128,310
1,023,279
1,855,321
...
...
share
preferred dividends
'•Including
taxes
and
Y
MONTHS
6
for
(estimated).....
common
per
FOR
stock,
income..,—$23,836,388 $13,223,105
other
•Operating expenses
Prov. for depl., deprec.
drilling costs
Taxes
This
21,000
independent oil i
disclosed.
The
another
presently
stock
•
,
Net
preferred
approximately
to
40,000
'
additional
their consideration
presented for
.
retired
be
from
shortly have
identity of which is
not
be effected by exchange of
additional capital funds,
anticipated that the presently
provide
will
will
merging into this corporation
for
the
company,
expenses,
:
than income
NOTE—Earnings for the six months interim compare with $2.82 per
for the full fiscal year ended Sept. 30, 1947,? and with $2.08
share
quarter ended Dec. 31, 1947. -The reduced net in
with the first quarter was accounted for ;;
unusual freeze-up of the Ohio River which put
the company's entire fleet of towboats and barges out of service for
several
weeks, reducing - refinery output, and-by the necessity of
replacing, at a loss of $250,000, certain inventory the liquidation of
which in the previous quarter had
resulted in non-recurring profit
of approximately $409,900.
*
for the
per
share
the
second
principally
as
by
compared
the
,
,
St. Louis Listed and Unlisted Securities
Edward D. Jones & Co.
'
Established
Federal
-—--——41
Statement of Member Banks of
Reserve Banks
12,441,618
—
Foreign Exchange Rates.
Combined Condition Statement of
51,902,656
,
Miscellaneous Features
Dividends Declared and Payable.
1947
securities
$449,462; property, plant and equipment,
mineral deposit leaseholds (after reserves for
depreciation of $11,646,980), $14,814,212; mineral deposits owned in fee, $1; patents and
trade .marks (less reserve of
$26,986), $24,070; prepaid Insurance and
taxes, $109,352; mortgage notes receivable—pledged to secure notes
payable
——37
--36
39
Toronto Stock Exchange—Curb Section—..—41
Over-the-Counter Markets
——42
Transactions New York Stock Exchange.—33
Transactions New York Curb Exchange—,.—33
Stock and Bond Averages
z——33
Toronto
State and City Bond Offerings
1947
-
ASSETS—Cash, $5,010,068;
receivable,
Exchange—
//
$483,000
Net
CONSOLIDATED
Stock
792~585
•
$3.60
>
1948
S5,475,805;. accounts
Montreal
Montreal Curb Exchange—
General Corporation & Investment
QUARTERS
—36
San Francisco Stock Exchange
206,111
1,056.780
_
6,157,069
...Z....
...
ferred Stock Financing Planned—Semi-Annual Earnings *
$1,514,105
—_
of comparison.
FOR
865.000
.
_
——
38,180
25.725
——
tax
RESULTS
/■
130,664
deductions-,.
J
income tax.——I—-v-—'•
class A and class B share
for
,
•
———
dividends
73,235
expenses—
class A and class B stocks—
per
86,723
r
„
Extraordinary
Net
*
;
surplus
12,021,337
59,264,425
stock
Capital
■
—
Operating profit, excl. railroad.——_
8,977"679
Z
i
Ashland Oil &
The offering does not represent new financ¬
ing.—V. 167,
2,047,854
1948
Total
In This Issue
riman Ripley & Co. Inc. and Estabrook & Co. on May 13
offered 61,000 shares of common stock (no par) at $38.50
per
$
2,
payable
Accrued wages,; vacation pay aftd misceil. taxes.
Estimated Federal and State taxes on income..
Earned
American Optica! Co.—Common Shares Offered—Har-
_
Dividend payable Jan,
Accounts
204,424,992 201,188,322
"
LIABILITIES—
Capital surplus
Earned surplus segregated
266i.
p.
Total -'•......'..^.^....^.^4.............
share
May
2025.
directors
cumulative convertible preferred stock on June 18, next, at $51.75
and dividends.
4Vi%
300 North 4th St., St.
Members
1871
v-Z
New York Stock Exchange
St.
Louis Stock Exchange,
Chicago Stock Exch.
Chicago Bd. of Trade
New York Curb Exchange
/
Louis 2, Missouri
Associate
•'•'
phone
CEntral 7600
^
Bell Teletype
SL 592
r.
,
,
2
THE
(2130)
,
Calls Preferred, Stock—
company has called for redemption on June
11," next, all of
19 000 outstanding shares of 414 %
convertible preferred Stock at
$104 per share.
The balance of the original 40,000 shares already
have been converted into, common stock.—V. |67, p. 1582,
.Robert
by subsidiary store
reported
Sales
—V.
167,
Santa Fe Ry.—New Vice-Pres.—
with
service
the
Atlas Corp.—Sells RKO
Stock—
latter
the
The
May
on
following
11
tentative
a
announced
agreement
on
purchase
for
Atlas
by
of
will continue to be
which
*
Corp.
to
held
./
*",
ten-year period ended
During the
bursed
1948.
t
"
_
and
—V.
value
asset
the
cost
,
.
1947, the company dis?
Dec. 31,
amounting
to
and
$25,749,653
of
the
in
"/•> The
resulted
reacquired
in
a
benefit
most
Aircraft- Corp.
Vultee
/•
-
with
important, and substantial
company's operations during 1948,
with
efforts.
The
resulting
profit
be
Atlas
during
the year
'
to replace
$79,000,000
consolidation,
will
market
be
Total
Earle
J.
of. the
income
entities,
single
realized
of
1945
$1,702,856
23,000 ;
"The
*250,577
20,599,243
Dec,
not
\
,
to
and
called
book
with
the
$1,625,930
(per share)
$22,302,098
3,250,656
2,381,696
trr
$30.01
.
BALANCE
ASSETS—
v
.
three
utiltiles
have
.-,.-
few
and
of
investors
alike.";. .-- 4
; •*
Portfolio- holdings
—_*——*_;
majority-owned sub.
;
Hudson; Uaid atthe -three /Utilities,,
of
,
/In
such
4,528,267"
'
*
the
and
expenses;
to
,
Airther
contended
finance
rate
Accounts payable and accrued
expensesfcr taxes
:___
Its
that
needs,
$2,000,000
of
14
few
will
be
weeks.-—V.
might
/
Net;
Trust
and
are
rate
payable
of
will
annum
amount
made
proposed
within-
2lA%
be
per
stockholders
Net
,/
issuance
with
the company
market
respect
or
to
managements
investment
through consolidation which
10,313,705
-®n
appraisals by
^axket"'9UQi«-l'ioiis
of
the board
directors
Bath Iron Works Corp*
as
acquired
-
of
Savings
one
that
167, p.
—_
1142,*
*
inception
on
Oct,
date.—V.
16
p.
Mar. 31/47
—V.
of
on
the
under
a
promissory
18,035,740
1946
'
/
^
1941
141,024,928 252,826,54®
136,875,059 222,197,953
15,459,106
/.
"
profit__T/^.___V_L.V 14,116,466 «20,492,794
,
/<-
••./;
.
12,074,441
14,466,612
'"':/'
>'
■
6,600,000
457,500,,
prior
of
of
for
reserve
to
exps.
i.
*
,
/
.,,/
7,150,000
;/"/////' '•■■/-
///,./;//f/"-
inc.' acct—
9,561,982
/■;-'
■-//.•'
re-
8,382,072
■;,
.'v/.-' ;/;■■/',
■
'
,
/•'
-402,144
•
and
.Net
a
earnings
modifying
of
$3,-799,405
from foreign
reed,
Net
agree¬
earnings———
the
been
Deprcc. has
notes'
is
to
to
cost
exps.
/■:
.
*1,815,173
*1,201,889
213,225
630,641
207,378
,
_
—
.
In the amts. of_
from
-
■ ;
inc.
gross
'
:
at
1
March
514,184
$1,073,718
/
sees.—at cost and
(less reserve
accr.
of
-
int.,/ 74,872,365,.. 76,728,733/
"
•
•'
$92,600
.
125.972,587 111,569,568.
/ 3,774,055
In
.
*Property,; plant and
Total.
1,812,8311
.
equipment—
payable
with
;.'V'
ins.,
and
pay
-'r •'
taxes and
i.
other
-
/
v
85,449.698
/
670,638
10,993,562
58,602,126
95,806,200
906,704
expenses—8,736,701
income,—,53,131,981
——_
proposal to change^ thei n
shares, without par .value)}
a
.
..
__i_—496,120,832-487,199,679
Total
After deducting reserve for
$56,346,234.—V. 167, p. 1804.
Russell,
-/a
rolls————
subsidiaries—^-/*/—,—--/-—-—
Operating reserves,.
A, ■ 6,245,625
6,409.414
Capital stock (par $2.50).:
21,755,660
21,755,660
Additional paid-in capital.(capital.surplus)*'—- 25,958.106 ' 25,958,106Net earnings retained for use in the business-* 283,579,854 277,360,474
$440,041* -),
Changed—
103,608,935
105,995,995
—496,120,832 487,199,679
LIABILITIES—
./;,///
shares-of
/>/';-.
$
31/
Federal"taxes On
2,140,695 ? V 1.823,004 s j
1,066,977 " 1,382,963 ! J
$179,321
Dec. 31/47
$ -I
Mar. 31/48
($1,305,140.)/and advances to.>/4.j;partially (-owned-subs.-r-at cost*—*—
—:
1,799,157 ;/ 1,752,157
Investments
in
wholly
owned
foreign
subs."/'"(Canada, England and Belgium!—at cost——
2,358,685
2,358,685
Sundry investments and misc. accts. (less rer_
<
:
'
* •
sei-yes £>t $270,100
at March 31, 1948)—*—- ./,
640.106
272,395;
Accrued
!-
$4,340,421 \ \\
2,128,903-'
$488,675
//
.Subsidiaries)'^
"'-/;
31/1943
689,653
,407,172
U.. S.
Prepaid ins., taxes and other exps./——3,071,358
693.505
»
;
Owned
.
■"/■ /- / '■■■
1692.
p.
392,023
895,847
Wholly
1948)-^.__*—39,238,941*. 45,232,36» ,
Other accts. receivable (jncl. accts. with wholly
•./•'./;
i
owned
foreign' subs.—$271,885 at March 31,/.
'1948)
—J—';
1,147,014
2,411,052,*,
Inventories; (less res. of $7,664,328 at March
;
.
All
^:
Trade accts. receivable
643,417 ! •'
1948—3 Mos.»-l947
and
*
sheet
—i.—*T141,024,624 139,491,725
Accounts
$4,858,428
2,024.733
.//.. //;:///;!//:/,.'//;■; //
1.387,426 v 1,494,650
'
consolidated /.balance
Short-term mktble.
*354,693 1/
,
3,695,878 1
.
//..-;/'>,/-;/.;/./■:/
*Loss.«
;
.
$1,592,476
9,561,982
-
;.:/■
ASSETS—
*$71,610 *$1,832,530 /?..*$998,110 j i)
/.-'.
' / /
/
/ ;
1948—Month—1947
829,929
/'
21,502,408
«.•://
Cash
$8,759,617 ] i
*1.344.681!/
/
14,921,644
and
(Corporation
Pennsylvania—Earnings—
$1,835,907
9,561,982
chgd.
sales
of
:/
present
1958
$10,136,941
141,615
829,929
/
1,009,614,1
805,178/;
unborrowed
loan
1948—3 Mos.^r-1947
*237,880
i.
v,/,.
subs.-
com-:
unsecured indebt¬
$3,253,395
*111.220
before/*///■ >
-TdiV8i.fr. foreign subs.'vt 14,116,466 >/20,492,794
$5 par value,
and to increase the authorized* number * •
capital stock from 1,122,842 to 1,500,000.
■
t
President, said that the board of directors* has) j
no i present
intention or" plans with respect to the issuance .or sales;
of any of the additional-377,158 shares
authorized.—V. 167, p. 1920.
$25,930,529 $34,678,891 $13,419,914
first
EARNINGS
Subsidiaries)
1947
inc.-and ex-/' '•'•/
profits taxes-—
: 9,550,000 '/■ 13,650,000
recovery
Divs.
The
Jersey—Earnings—
p_ 1584....
revenue.
F*
S.
the
$220,499,677/r
NET
Fed.
cess
stored
of shares of
Frank
OF
336,826,216 317,192,095
295,124,009 267,590,196
sales_——____
Investments
v
to
during
to
ft ad«j)t»'-«engl»,g/i--V><.qi;% ///•;•;.•>/ xA.,,^; -./•
fldvff onH
reconversion
soliciting
.The -stockholders-on/May 12 .approved
authorized and Issued capital stock, from
Mar. 31/46
corporations, , was elected through the* exercise
voting rights by a group of stockholders.
Eight former
reelected.—V. 167, p. 1804.
company
Cerro de Pasco Copper Corp,—Par Value
2025.
I' 9u?' an, F"der"S,ecr®tary of the Navy for the remainder of
1945, has been "elected a director; succeeding Harold E.
Bowman Secretary-Treasurer of>the company.* Mr. Gates,*who Is also a
director of
were
inc.'
gross
income
167,
U.
$2i5.896.988*-
were
amounted
'
Portion
A--t'•,
;•
consider
the
income*$63,354
;■
/;;■,//';
..
*
31,
NeY- york. formerly President Of the. New York
Co., Assistant Secretary of the-Navy for Air from
August, 1942
impaired
336,519,790 317,041,078 140,900,358 252,768,166
306,426
* J51,018
124,570 /
58,380
<
effective
Ar*e~us ¥
non-aviation
r
Net
Boeing Airplane Co.—New Director Elected—
of cumulative
by
144,024
Net! ry: oper: - incomeGross income^
—i;.
-Unbilled Contracts—
/
*'-
revenue
Period End. Mar. 31—
assets.
f/
1948
years' inc. and excess
profits taxes*—-v—-
Asso¬
year.
promissory notes due 1952 to
1948—Month—1947
oper...income—,
Operating
or,- in..the..Jabsence„. thereoL
of
Mar. 31/48
balance
at
of
materials*
further
charged
STATEMENT
Wholly Owned
and
income--'
misc.
Accounts
21,897,720
valuation
became
will
19
proxy
income
Deduct/ from
of
the
Central RR. of
$61,735,004 $75,419,356
cost
to
*Deficit^-V. 167,
—
over
May
on
upon,, the. issuance
by excluding the 3'A %
Deduct,, from
18,233,061. 20,265,378
10,682,960
21,911,263
I
appreciation-*—/—
basic
of
was
securities
Net current assets
interest
Est.
Promissory
annum
paid
available
participating.
the
of
purpose
ry.
anai cash
Depreciation
CONSOLIDATED
(Corporttion
Of
Est.
•,
.
,
National
"
500,000
10,045,295
/____
produce
)804j.,
p.
254,779
21.327,841
Capital -surplus
Earned surplus
tNet. unrealized
shortage
to
,
1948, /cash
Total
Exp,
be
application for
/
This action
167,
To Issue
.
a
1 %' per
of
principal
banks
addition
Gross
$276,511
349,205
an4
Shortages occasioning interruptions;
distressing frequency since the war and
$125,972,587,
and
V'cplJ
-reductions
31,"
were
sales/___-_-i._-^_l-
Cost
a-
Exchange. Commission;
which
to bear interest at
the
Operating
3,956,780
500,000
DeSoto
gas,,,
.i/;'/.;:"/r ■/
March
Int.
Mr,/
m
-
449,110
$591,642
—
further
was
,
Dodge,
*
3 Mos. End. Mar. 31—-t
/
y.
consc&idation
and
within a
Bank of America
Period End. Mar. 31— :
LIABILITIES—
Provision
products
supply.
Plymouth,'
other
Central RR. of New
■
$61,735,004 $75,419,356
Provision for contingencies——.
Common stock (par $5)
—
with
Net
as
material filed by the manage¬
Exchange, there have been tiled with
the Exchange copies .of .proxy,
soliciting material by Kirchofer & Arnold
Associates.—V. 167, p.. 2026. V ...» ,,,-■;/
L
./ ",//./,.
..
:
1946
'
other
gas
chronic
a
capacity
fuel
months, /''/■ '■..•/
of
//'•;
hearings"/.
ment with the New York-Stock
V "'£:V /'"■i'r"."
556,103
;
Total
-
45,248/291 ^52,966,743
7,124,795
6,619,795
__
cos.
Other, assets
of
recur
COMPARATIVE
^
the
$4,277,548 $11,426,928
________________
Dividends and accts. receiv. and interest accrd.
and
of
h
-
Niagara
better; able
formal
"As
'*
.
,
computation
of
the
amount
of
unsecured
indebtedness,- which
without consent of a majority of preferred stockholders;
also authorize offering of additional common
stock,by public/offering
or otherwise, without first
offering such stock to common stockholders.
$21.98"
1947.
against
as
shortage
quarter^ was $3,695,878.
of plants., ;
r
the. Commission,; ."will enable/the
capital structure, which in turn
made-
may be issued
.
31 "•
DEC.
.
*—„___
____
SHEET,
'
,
sales
become
.now
operations
Carolina Power & Light Co.—Proposed New
Financing
2,190,251
*Loss.
tlncludes $11,077,048 in 1946 and $1,779,467 in 1945, with
respect to,majority-owned subsidiaries and $315,569 (in 1946) proceeds
from .sales of securities previously written off.
• •* *
/• ►•/•
has
local
Inventories
five-member, Com- •/'"
the
value
to
that, still
the
the
.The
$34.14
automobiles
possible.
supply funds for the payment of the cost of additions and improve¬
ments to its properties used.,in its public
utility business and that of
{subsidiary, Interstate Telegraph Co.—V* 167, p. 2026.
$4,804,404;. $2,829,787
$36.06
of
local shortage of fuel
output
a
/
Its
value
—
2026.
p.
,
,1
saving-^ln
be
Securities
of
The
v
2,166,651
Z.
of
they seem likely- to be aggravated in the near-term future
by the
impact of the recent coal, strike on work in process in
suppliers'-mills,
plants and will inevitably result in restricting volume
during th?
'
the
,
activities
would
with
edness
-
asset
167,
and M.
office
the
Ames, Cashier,
and
par
sound
a
consumers
many
a
stated
^
■
unanimously by
when
be completed
to
mitment fee
se-
profits
stock
output
by a
to
"the
\ ' v-->
than
are
ment
$1,826,994
400.000
Treasurer.—V."
corporation's.; unit
what
,
actual
,
t
'
.V/Vv'c'vi
more
notes
3,672,845 /• 1,002,793
contingencies.
to
Chrysler passenger cars and Dodge trucks were 228,256 vehicles.
Sales,
all products,
including automobiles, trucks, parts, accessories and
miscellaneous items amounted to
$336,519,790. ,"
"In
addition, to the loss of product
during the first quarter due
participating banks.
The notes are to be issued
time to time prior to Dec/ 31,
1949, to mature not- later than
21/ 1949, with the -exception of initial borrowings aggregating
from
68,864
;
$1,531,559
Assistant
The
restricted
\
preferred stock pf
shares that have a
stock
-
,
indicated
step
the
by
ciation, and
on
cost,
average
curily
directors
of
The Federal Power Commission has "made public an
order author/
izing company,. California, to, issue, promissory notes, not to exceed
portion
75,000
elected
"During the first quarter of this year corporation's operations have
beset
by rising costs and continuing • shortages of basic mate*/
rials.
L1
next
California Electric Power Co.
$2,697,575
789,972"
801,717
122,000
each
were
of
position
Commission
Secretary,
been
business,
companies'
common
resulting
a
expected to
Notes—
$2,344,531
972,979
tax___
profit
income
several
will
formerly Assistant. Chief
has been elected to the
2658.
'
S.
to
Corp,—Quarterly Report—In his letter to the
stockholders accompanying the financial
statements, K.
T. Keller, President, says:
/
•
May
10 ! approved < consoH-' '
Niagara
Electric- .Corp. - •
*
P.
Treasurer,
Assistant
Secretary and Assistant Treasurer; and L. G.
Niagara
later.
next
approval
151,759
4,200
1,074,253
Dividends paid
Trust
on
•
.
Chrysler
Buffalo
the
basis.-
Secretary, Etc,—
elected
was
power,
had been accomplished without formal t
con-/
He
said
unification1 would
eliminate 'three
corporate
with
restriction
Zm
that
also
Is
1944
$2,750,835
on
Greenley,
securities'on
Prov. /for
v
three
-
according
to
corporation
The
$2,541,616
193,088
-
1,467
$3,072,760
income
basis of
—V.
the
the
167
Gibson, Assistant Secretary and Assislant
Treasurer, has been
Secretary and Assistant Treasurer, succeeding Ward Vanderpool, retired.
W. J. Camphausen, Assistant to
/
to
was
Inc;—V
O.
Assistant
of
achieved
/■',■
$2,149,976
$1,876,507
income
Unbilled
the
Machold, > President
$7,000,000,
72,477
__—
*_
fExoess
the
Buffalo
and
start
to
P3C>
solidation.
; •'
■'/
1946
87,102 \
Expenses
Total
166, p.
Y.,
Co.
elected
Net
$2,678,358
-
$2,985,658
:
Miscellaneous
in
Y.,
bid of
its
on
only other bid
&
-
New
A.
:
Corp.—Merger Approved—r
which
authorized
beneficial
interchange
valuq of
INCOME ACCOUNT FOR CALENDAR YEARS
1947
Interest
Invest,
into
approved
adjustments,
.,
^
Income—Dividends
Cash
be
company
will
-
-
and
$50,381,156.
The
'
.<•
was
N,
Commission
$70,000,000 adjustment in
new
Corp,
under review of thq
paid"
;
Com.
N.
He
and
Stuart
to
semi-annual
a
;
dividends
Net
proceeds
of
second
Halsey,
on
May 10 declared an initial dividend of
$2.50
the preferred stock for the > first half of 1948,
payable
holders of record June 10, 1948. It is
contemplated iha'tpreferred dividend action will be on a
quarterly, {instead of
30,
future
"S0.58
utility proceeding
Light Co. of (Albany,
&
of
Machold
-
decrease
sale
1,947.700
*
up-State
of
,
mission,
future seems presently
through its special
sound
a
-
tNet
growth
'
Brooklyn,
Electric
unification
Power
The
this
the
to
Luyck,
utilities
the
Syracuse
issued
value
>
•
B.
P.; 8.
three
in
of
value
company'3 holdings of securities of motion picture companies,
including, particularly the - large special holding, of stock of Radio,-1
Keith-Orpheum Corp., accounted for practically the entire decrease
in asset value, of the stopk of Atlas Corp., after taking into account
Net
June
pay off in full outstanding
be used for working capital
and
The
by
,
the
Federal
•" The
in competitive sale
group
rate.
coupon
l-/-r/.//,'■
in two decades," are the
"The
problem
incident vto
operating"' this business "under such
Central New. York Power!
Electric. CorpTr of Buffalo, v. r hampering conditions are the subject of concern and " receive closa
attention at/the hands of the
The
Niagara Hudson Corp.,
entire-organization. 'r At no time since
a
holding company, ; will be,.,(dissolved j
we
resumed the manufacture of postwar automobiles has
when the three units are merged.
■.
the demand/
/:/a./
.
for our products been as strong as it is now.
"The significant fact from the" public
The stockholders may
standpoint,:t the Commission
be assured, however, that
observed,-'is that, a $70,000,000 reduction in book value of the
notwithstanding the difficulties of securing
plantsan
no, longer will
adequate and steady flow of materials, every effort Is being be part of/the rate base upon which consumers will directed
be asked to pay a return in rates In
toward keeping production at, the highest
possible level in
any future cases.",
•the
'■■•■■ Upon formal consummation
interest of
making deliveries to our customers as promptly as
of the merger, new capital stock will *
aircraft company are many
losses can still be expected from that
problems connected
and
Indicated
financing.
to
development
been announced.
Niagara
York
Corp.
•
the
Nil
will
interest
similar
directors
,share
per
•
by
important
New
the
to
Ansel
York,
of
Involved
outstanding common stock at Dec, 31,
1947, of about
per share.
Purchase of outstanding common stock will be
continued
so
long and during such timea as such
action appears
advantageous.
■'
.< /v
•
'v. • >.
;
'
The- company
has outstanding option warrants for purchase of
1,948,111 shares of common stock at $25 per share. -If these warrants
had all been exercised by the holders thereof on Dec.
31, 1947, the
capital of the company would have been increased by $48,702,775 and
the outstanding number of shares of common stock by
1,948,111 and
the
asset value of this
Increased total of outstanding stock would
have-been approximately-$27.54 . per -share.
The entry of Atlas Corp. in 1947 added new major holdings, includ¬
ing the Barnsdall Oil Co.
The producing oil companies seem to J-the Atlas, management to be
particularly attractive, due to the tremendous demand for crude oil
all
over
the
world and the
Increased cost of finding new
oil to
replace each barrel currently produced, proven oil reserves in the
ground have enhanced materially in value.
<
■ Atlas
Corp. late in
1947 also became the largest stockholder of
While
for
balance
8cmuel
-
New
dation
This cost was below the aggre¬
purchased. The excess of asset value
stock
stock
the
of
of
Engineer hag
Buffalo
cents
Consolidated
$1,131,234
1,947,700
$0.72
Green, Brooklyn,
post of Assistant Chief Engineer.—V.
remaining
IS
1,947,70ft
2W/t
a
Chicago Rock Island & Pacific RR.—Initial Dividend—
The
1945
$1,408,580-*$407,037
w^Ljawarded to the
a
for
..
1946
1919.
p.
Engineer,
reacquired of $1,240,880.
for stock
over
The
funds
provide
election
Chief
Despite these large disbursements duringthe company had net assets remaining
at Dec. 31/ 1947, of $60,294,157.
V
The company reacquired 53,682
shares of its own common stock
during 1947 at an averages cost of $23.12 per share, making a"total
cost
1947
'
2026.
p.
'.
for
99.259
Brooklyn Union Gas Co.—New Chief Engineer—
period totaling $67,844,701,
gate
bank-loans.
167,
The
acquisition and retirement of its own
expended $42,095,048 in
addition
to
.
preferred and common stocks.
said
/
,
99.297
and
Subs.)—Earnings—<
1948
offering represents new-money
applied to the extent of $2,500,000
be
.
•
dividends
shareholders
to
(&
,
The Issue
been
stock
"
value)
par
asset
Feb, 27,
record
($1
has
preferred
($25
maturity is provided.
short-term
value, of the common stock of this company At
Dec. -31,-1947, was apprqximately $30.01 per share as compared with
approximately $36.06 per share at Dec, 31, 1946, Dividends of $1.60
per share
totaling $3,250,656, were paid during the year 1947 on the*
common stock.
A quarterly dividend of 40 cents, pei share has been
declared on the common stock payable March 20.T948, to holders of
indicated
York
New
prior
The
Report—Floyd B. Odium, President, on Feb.
20, said in part:
V
:
of
Bristol-Myers Co.—Debentures Offered—A new issue
3% debentures was offered May 14 by a
group of underwriters headed by Wertheim & Co.
The
debentures, due April 1, 1968 were priced at lOO^%. A
sinking fund sufficient to retire 70% of the issue prior
Annual
The
City
cumulative
preferred stock
par-value),—V. 167, p. 1919.
of $10,000,000
by Floyd Odium, President of Atlas
announcement about a
we.ek before
the purchase had been reached.
The
shares
327,812
6'U
including $3,293,303 Federal tax carry-back credit.
Sales for the first quarter-of 1948 were
approximately $55,900,000,
compared with $47,400,000 in the first three months in 1947 and"
$15,600,000 for the like period of 1946.—V. 167; p. 247,
'
>
price of the purchase was not disclosed.
At
the same time,
Mr. Odium disclosed that Atlas Corp.'s
sale
of R-K-O stock did not include a large block of R-K-O option war¬
rants
-
*Loss
has
was
the
of
the
profit —$2,044,936
of capital shares-*
1,947,700
Earned per sharej./
$1.05
company.
purchase
Corp.,
that
Hughes
of
Monday, May/17; 1948
p
ciated with Harris, Hall & Co.
(Inc.). in the offering are:
& s Co., .Ino; Equitable, Securitiefr^
Corp.; Phelps,
Fenn & Co.; Reynolds & CoSchoellkopf, Hutton &
Pomeroy, Inc.;. Bramhallv Barbour & Co.,
Inc.; Weeden
& Co. Inc.; Hayden,
Miller&iCo;, and Rand & Co.
v
cumulative
No.
purchased this company's holdings of 929.020
shares
or
24%, of the outstanding common stock of Radio-KeithOrpheum, Corp. This purchase will give Mr. Hughes working control
of
stock
Bank
agent
5%
Net
and E. S, Marsh, executive assistant to
appointed Vice-President-Finance, also ef¬
2025.
J
President,
has been
May 1.—V, 167, p.
National
transfer
value*,
Quarter End. Mar. 31—
the company,
fective
Howard
Chase
par
Briggs Manufacturing Co.
Rydm has been* appointed Vice-President, executive depart¬
succeeding J. H, Keefe who retired May 1 after nearly 52 years
G
ment,
of
($25
common
Atchison, Topeka &
R
The
appointed
companies— $35,313,526 $33,247,739
■;
Blair,
/
,
842.
p.
W.
Botany Mills, Inc.—Transfer Agents-
May 3,'47
May 1,'48
FINANCIAL .CHRONICLE
Murphy, Assistant General Counsel since 1943/ha$ been
appointed General > Counsel,
succeeding G.
A.
Shall berg,
who
will
continue as Executive Vice-President.—V. 167,
p. 1691.
'
'
Higher
Associated Dry Goods Corp.^Quarterly Sales
&
Borg-Warner Corp.—New General Counsel—
The
Its
Quarters Ended—
COMMERCIAL
depreciation:
.
.
-
1948,
,
$59,485,723;
1947# '
/'•/.•;
-
!4 •••;/'
CIT Financial Corp.—New President of Units—
Emil
Chervenak
C.
Insurance
Co.
of
New
has, been
elected
and
Service
York
President
Casualty
of.» Service
Co.
of
New
Fire
York/,
insurance; affiliates of CIT .Financial Corp.' He formerly was Exec¬
utive yice-President of both units.
Arthur O.'Dietz has jeUnquishedl
the
Presidency. in
becomes
Chairman
eonneption with
of the board of
Mr.
Chervenak's
directors.—V.
167,
promotion
p.. 1040.,
and
,
/
_v
Chesapeake & Ohio ,Ry,—^Equipment Trusts Offered—
Cohart Refractories Co. — Registration Statement
Hairis/Hall.& .Con fine,) headed. a banking group .which; i
Withdrawn—
~
offered May.12 (subject to approval of the ICC) $4,450,000 j
j
The registration statement (No^.7002) filed with the SEC March 28.
2 Vi % X
SeciaL.equipmejiit irusf certificates, / due - $445,000 * sj 1947,' covering a proposed public offering of 182,520 shares . ($5 par)
each May 15,1949-1958.
bommon stock held bv the Corning Glass Works was withdrawn April 2,
,
.
i
f
^
1
*
i
4
*
■'
.
The securities were priced to yield from 1.50% for the
earliest maturity to 2.50 % for- those due in 1958^- Asso-
ij
,
Company,said.that Corning Glass had decided to withdraw the pro¬
posed offering of Ihe share because of "general - market conditions."—V.
165,
P.
1804.
'
•""/•
.-./-.;..V/:-.
:
'
.
Volume
Number 4699
167
Colorado Fuel & Iron Corp.
THE
(&
Quarters Ended March 31—
*Net
earnings
tEarnings
$1.17
share
common
per
1947
Period End. Match 31—
1946
$1,712,323
FINANCIAL
CONSOLIDATED INCOME
Subs.)—Earnings—
1948
$1,449,231
-
COMMERCIAL-&
Operating
*$1,667,932
$1.40
Sales
Nil
revenues:
of
1948
After
estimated
deducting
of
taxes,
electricity-J_
77,280,615
provision
a
$183,400.
ior
tBased
1,126,775
on
outstanding
shares.
of
of
steam
Other
oper.
$
,
14,918,0G6
9,532,456
650,691
19,427,766
2,853,206
This
The
earnings
per
with
compares
in
for
the "Line
chare
common
$2.87
the'preceding
per
ended March 31, 1948 represent
dividend requirements.
This
months
aitsr
'
the
in
share
common
year.
Total ——104,825,199
preferred
corresponding
1
Operating
expenses
Maintenance
14,698;C89
at
2,624,237
period
8,185,783
7,047,164
39,329,101
corporation also announced that $3,838,287 was expended for
additions and improvements in the nine months ended March 31, 1948.
9,285,233
30,789,094
—V.
Federal
167,
43/
p.
Columbia Brewing Co.
Ems
trustees
for
advised holders
deliver
that
(Mo.) v— Stock Distributed to
(
voting
Co.
trust
certificates
terminated
as
based
was
Gross
result
a
the
of
S.
U.
will
be
additional
an
to
17,031,726
150,362
51,698,996
49,223,814
190,471
452,980
17,1821)88
51,889,467
4,70^247
15,719,730
16,612,590
Sales
per
of
Gas
12,475,841
Commodore Hotel, Inc.—Invites Tenders—
$0.85
$2.20
9,813,353
various
securities
'
1586.'
which
'
'
the
held
company
'i'i'
v/-.-,'
for
investmeni.-r-V.
V V7
-V
lV>
20,062,336
16,279,529
-6,426,511
55,854,660
Operating
Southern
Corp.
the
of
substantial
the
to
86,253,971
7,103,886
„^
$
$
than
inc. tax
(est.)
Non-operating
of
Dec.
277,686,102
20,
34,388,582
26,635,815
May
on
kind of stock.—V.
mc
America,
&
Co.,
Baltimore,
167, p.
1921.
Md.—Files
Inc.,
with
the
at $3.75
Baltimore.
SEC
each.
Proceeds
will
Corp.—Weekly Input—
declared
10
1,230,500
holders
to
March
on
40
cents;
interim
an
shares
of
of
record
dividend
capital" stock
May
A
20.
of
50
cents
outstanding,
distribution
of
40
15, last. Payments in 1647 were as follows:
,12
and Sept. 18,
50 cents each;
and
June
17, a year-end of 80 Cents.—V.
Gas
Equitable
7,668,233
25,781,0)4
28,778,933
39,224,125
The
7,345,000
5,350.000
13,595,000
16,172,000
14,656,532 : 13,654.212
43,221,030
41,909,863,
2,939,356
843,641
Co.,
167,
1921.
p.
Pittsburgh,
Pa.—Registers
With
SEC—
42,517,195
—
May 6 filed a registration statement with the SEC
covering $14,000,000 first mortgage bonds, due 1973.
The names of
the "underwriters will be determined by competitive bidding.
Proceeds,
133,417
255,012
plus
company
on
563,000 shares
Philadelphia Co.. in
—
14,789,949
13,909.224
46,160,386
42,753,504
owed
2,159,178
3,703,084
11,902,189
12,536,037
Gas
—
12,630,771
10,201,140
34,258,197
30,217,467
£0.86
$0.65
$2,03
$1.68
;
of
124,965,366
6,175,313
—
deductions
5,649
"•
capital.
the
18
made
was
10,321,402
income-
income
Gross
Income
July 30, 1947, in compliance with the Public Utility Holding
Company Act of 1935.
The suggested compromise was formulated
by Edward Hopkinson, Jr., of Drexel & Co., Philadelphia, Chairman
of the preferred stockholders' committee; George S. Munson, Counsel,
United Gas Improvement Co.,
the largest single holder of preferred
Stock; and representatives of
common
stockholders whose holdings
of
as
recorded
of
May 6, 1948 the system input of subsidiaries of
amounted to 66,502,000 kwh., an increase of 12,999,000
over the corresponding week of 1947.—V.
167, p. 2028.
on
June
March
lease,
dated
holders
increase
ended
directors
6,600,000
—_
week
share
cents
,
Fed.;
income
of
an
Electrolux Corp.—Interim Dividend of 50 Cents—
;
.
working
24.2%
or
11,316,598
other
Operating
;
the
The
1948—12 Mos.—1947
$
for
payable
77,589,046 300,949,969
34,420,686 141,447,063
39,931,955
income
preferred and common stccks
on
May 8
submitted to the company proposed
plan filed by the corporation with the SEC, and
corporation
amendments
amounts
'"
$
!_
Taxes,
kwh.,
Separately)
1948—3 Mos.—1947
.
———
Agreement
—
(Company
Depreciation
165,
Reached Between Principal Stockholders—
Holders
STATEMENT
Maintenance
\
used
per
revenues
than
more
Corp.
Mitchell-Hoffman
this corporation
13,737,432
Operating expenses
holders of
Electric Power & Light
48,955,891
16,270,393
7,643,992
-
,
Federal
Commonwealth" &
be
9,006,475
_
and
March 31,-1947. 1
:
76,002 holders
of common
stock
and
23.450 holders
stock as the first quarter of 1948 ended.
These figures
Underwriter,
$1.93
2,473,301
(pounds)
number
1947
With SEC—
33,064,204
$1.15
-
Period Er.d. March 1 1—
has issued invitations to holders of its series
C debentures, due' 1955, to offer tenders of their bonds for purchase
by the company to May 15, 1948. ' The corporation holds $37,165 lor
purchasing the debentures.
This was derived from recent sale of
corporation
36,169,737
—2,751,402
■
of
stockholders
The company on May 4 filed a letter of notification
for 23,000 shares (50c par) common
stock, to be offered
omitted )
I kwh.)
(cubic ,feet)
Steam
15,935,897
share
com.
(000's
Electricity
out¬
19;079,373
3,143,476
!
the
over
last quarter
holders as of
of
7
different
49,676,794
7,
41,325
f
Falstaff
This
of
18,768,800
19,038,048
deductions
INCOME
P.
47,801,501
16,054,500
"
__
income,
Earned
Columbia
merge
51,685,629'
6,200,000
93,423
were
preferred
For
Net
Supreme
shares of Columbia
46,836
Meanwhile, negotiations are continuing
Brewing Corp.—V. 167, p. 2026.
12,652,756
$,314,500
(est.)— '
income
Income
counsel
advice of
on
tax
capital stock
common
share.
v
.
May
on
terminating the voting trust and are ready
Columbia'Brewing stock in exchange for eac.i
Action
13,870,086
—,
inc.
the
Dryomatic
Operating income
Ncn-operating income—,
were
of
now
there
means
standing.
with
Brewing
certificates.
is
income
■
denying a writ of certiorari in the suit against Ems, it was
by Marx C. Steinberg & Co. investment bankers, St. Louis, Mo.
stated
This
they
Ems
litigation
Court
Ems
share
one
shares of
two
'
Brewing Shareholders—
The
to
■"
'
v
of
number
include 0,029
34,335,933
Taxes," other than Fed.
Was owned
by
increase of 2,222
on
close
the
There
of
30,383,415
7,875,000
7
Depreciation
.
The
31,
the
over
92,106,866 348,612,050 317,980,177
39,889,937 159,054,730 137,466,714
47,541,782
r-~
added ,to the
was
company
March
.
$3.55
($20) per share
and surplus was Increased by $160
per
Gain in Number of Stockholders—
48,011,6ll
52,480,816
6,586,161
686,696
revenues-
tDeficit.
$
;
69,551,943 273,850,262 252,646,240
gas—17,325,432
Sales
depreciation, depletion, interest, and after
increased replacement costs in the amount
the par value
account
1948—12 Mos.—1947
$
Sales
*
3
STATEMENT
3 Mos.—1947
$
-
CHRONICLE
of new common stock, will be delivered to the
exchange for natural gas properties now under
outstanding capital stock of Equitable, notes and other claims
to the Philadelphia Co. and to the
Pittsburgh and West Virginia
Co.—V. 167, p. 2028.,
'
,
■
,
exceed
2,500,0G0
The
shares,
including American Superpower Corp.
Net
Earned,per
Sales of
Gas
stockholders'
of
Consumers
Power
Co.
permit distribution to
has
committee
of
.55
in
stock
common
—V.
amount sufficient
an
7
&
share.
preferred
„
&
C.
of
to
less whatever cash is
be distributed to the
After
fcoiibern
is
it
ment
for
is
shares
made,
its
of
shares
5.5
Gas
&
Elec,
&
Co.);
'
The
SEC
will
S.
be
in
position
a
distribute
to
not
has: held
yet
; ;
per" 100
plus
remaining cash, if any.
hearings On the company
extended
rendered
its
findings. "
r
''•
had
directors
the
with
7
the
reelection
validity
of
announced
Harrington's
Dividend—"V:V//:;7 -77/
order
subject,
however,
mission.
last,
to-
which
left,
order
an
Distributions
of
of
arrearages
f
issue
and
on
Jan.
$17
of
Exchange Com¬
2 and April 1,
per
made
were
the
on
Weekly Output—
Securities
the
each
$3
statement that
the
of
time
the
Committee
while
but
annual
proxies
management
asserted
territory
•
as
in
an
"1947,
increase of 28,601,194,
.or
10.09%V.
no
he
he
did
meeting,
,
Continental
A
attempt
the
to $3,000,000 through
Tuchbreiter, President, said
of
one
—V.
paying
157,
for
share
new
continue
the
each
that, the' dividend would
held 'and
two
regular
quarterly
that
the
dividend
30
602.
p.
in
be
company
of
Selling,
•••.♦
••
Attorneys
proxies
been
has
as
,
.1
for
4,294,313
for between
made
to
accepted.
were
million
4
segregate
and
those
1948
7
Prov./for'Fed.
come
Interest
The
announced.
company
an, amendment to
issue of $57,382,600
Divs.
May
that
6
it
is
with
filing
the
SEC
statement covering the proposed
3%. convertible debentures, due June 1, 1963, and
convertible unt Immaturity, unless sooner called for redemption, at the
basic conversion price of $25.
Bids for the debentures will be received
up, to
New
On
11
a.m.
(EDT)
May
at
holders
of
the prospectus
record
at* the
subscribe to $5 principal
Subscriptions
the
close
Proceeds
extent
wijl
of
close
business.
from
the
to
close
common
of business
7
the
treasury
shares of
payment
stock.
sale
the
The
of,
of
the
company's
balance
company's
the principal
20
Common
will be
stock¬
entitled
of
debentures
will
with .$3,729,101
be
from
applied
the
on
in-y.?.' 7- :>
oper.
income_,^__7_„^
from
'
7
Aug., 2^ 1948, at $105
presently outstanding $5
on
the
proceeds
will
be
to
the
a
share
to
of
,'
'
to be redeemed will be notified June
28*
19,708,124
income
(net)-—7——
48,853
1,419,394
18,353,241
21,127,518
—
taxes
on
Income—,
7,625,000
Portion
of
8,829.506
10,728,241
profit—7——■—
12,298,012
net
profit applicable to minority
subsidiary companies———
334,039
439,244
profit applic. to shared of parent co,7_
10,394,202
if,858,768
543,861
3,828,069
546,609
3,036,310
$4.18
$4.82
Jan. 31, '48
Feb. 1, '47
10,577,529
8,636,713
440,485
4,767,634
Interests
in
Net
«•••<:..
•
Dividends
Earnings
96,301,553
on
4 V* 7c,
on
16,671,911
6,575,224
stocky——;
—
share—
CONSOLIDATED BALANCE SHEET
->•
:•
preferred stock-——
common
per common
ASSETS-
;
-
.77 7
27>710,263
26,865,318
General
Motors
7
invest,
r
in
Accounts
7,500,000
l.—
United States Government securities—
,v
Corp.;
7,500,000'
from
$
Cash——r_:
19,113,611
Accounts
.*
receivable,, retail customers--—-—receivable, sundry-——_—
1,061,193
1,357,677
28,500,143
_1_
3,179,603
2,283,396
1,517,162
3,392,122
10,078,355
2,065,285
,
Refundable Federal taxes
339,280
1,015,108
26,052,228
1,986,026
Merchandise, inventories
*
32,679,191
27,976,765
Prepaid expenses, supplies, insurance, taxes, etc.
7,500,000
con-
11,231,402
income
on
1,965,331
Investment
Prov.
for
taxes
Fed.
(allocated
other
on
in;, and advance to, real estate sub¬
consolidated, at costReal estate not used In operations, at cost less
depreciation 7——1——
■
—;
sidiary
in¬
portion)
•
Net
for
Net
;;
other
and
oper.
Prov.
(net)!.—
income
excessive
income
Dividends
on
—.4
.
730,000
'1.420,000
;;;
;
-
9,168,355
9,811,402
income
construct,
costs
36,033,673
28,925,013
7,785,108
35,495.371'
910,000 :
Balance
Shares
of
Amount
applic.
30,833,673
1,899,956
28,925,013
1,899,956
27,420,415
stock—
com,
stock
com.
earned
to
28,933,717
27,025,057
11,134,393
outstdg.
a'. shareC.il——~1—7'
STATEMENT
OF
"
•"
Total
v;
1948
Accounts
1946, '
ation
■t
-
resulting
investment
of
Motors
Corp
revalu-
from
32.500,000 Dr5,000,000
♦Excess of issue
price-—-
5,732,480-
—J
10,500,(000
1
Total •'•-il-L—
Preferred
Common
^Excess
505,783,091 447,265,150 423,690,056
2,774,956
1,899,956
1,899,956
22,244,824
22,243,842 .13,902,401
dividends.—-4
stock
of
the
issued
board
issue
to
price
—
—480,763,311 423,121,352 407,887,699.
over
employes
of
directors
par
under
value
of 35,828
the bonus plan.
in
shares of
Under
on
■
.
1,354,538
.304,006
13,273,600
9,217,129
1,793,012
1,667,384
—
1,700,101
•
—_
——
—
1,635,440
6,503,60 1
income--—
2,208,167
12,920,462
21,799,200
1.496.454
1,379,383
46,780
accrued
Reserves
v
fpr possible
prior years
for
Miscellaneous
current
assessment
of
taxes
—
reserves
stock (par $1)_
—
,
Earned surplus ——:
Total
!_
♦After
reserves
for
406,861
2,315,361
2,288,393
12,602,500
11,770,065
12,861.000
11,972,402
116,250
14,952,688
25,793,834
4---—
15,081,988
31,485,462
_r—r—
1,626,383
371,551
fCommon stock of i>o par value——!—
Capital from conversion of pfd. into com. shares
Paid-in surplus.
r—
■
36,210
.
___—.—
cumulative preferred
.
for
—:
—
warrants—^
common
authorization
January, .1948, and in accordance with
provisions of the company's charter and bonus jplan, 35,828 shares of.
commop stock were issued to employes at $180 per share, of which
Financial Chronicle (Reg. U. S.
Seibe^ President; _WjUliam D. Riggs,
La Salle
...
1.641.453
4'/4%
'
of
7'7
Minority interests in cap. stk. & surpl. of subs.
'
dividends—-'——
Surplus at March 31—
7, V
■
liabilities——y
Reserves
General
in
4
108,308,011
Long-term debt, due after one year to 1965—_
.
I——— '■
7
114,313,641
year—y_v_,-
payable, trade
payable, sundry—
Miscellaneous
at beginning of year——- 437,355,240 421,931,477 384,265,043
.30,195,371
30,833,673
28,925,013
income, three months——
Net
one
(Federal taxes
-
$
Surplus
Adjustment
79,782
—
Salaries, and .wages
-
$
1,089,902
28,581,653
84,879
payable to banks and long-term debt due
Accounts
$2.43
-
1947
$
_7—
-
'
823,399
33,078,834
._7—
——
within
-
$2.60
CONSOLIDATED. SURPLUS
charges
834,284
1,426,735
—_——
LIABILITIES— :
Notes
11,121,962
11,121,962
$2.46
assets
and equipment
Goodwill, at nominal amount———
30,165,371'
..'2,774,956-
period-..———_
pfd. stock
Deferred
5,200,000
5,300,000
for
^Property
4,154,176
not
Miscellaneous
C 7 Other
unsecured; notes
and stockholders owning shares
578,129
18,402,094
—
Provision for Federal
"
8,515,108
the
outstanding as of April 30,
1948, in
amount
of $28,000,000 and the remainder willbe applied to additions to
utility plant since Jan. 1. 1947.
The record
date for the preferred shares bo be
redeemed has been set for June 18
2,365,559
686,911
L.
expense—
Profit before prov. for Fed., taxes on income-
Net
cumulative
applied
Balance
Other
152,832,302
,;,::.777;7777;:,
7;7[ trolled cos. not wholly owned--.y Miscell, other
income (net)
to
company's
and
<i'\
*
$24,995,329, together
toward the redemption
preferred
May
amount of the debentures for each share held.
and the rights Will .expire Tuesday, June 8,
of
273,566
stockholders.
—
——
2,756,875
Berner
1946
7,661,466
company's
office, 4 Irving Place,
York 3, N. Y.
■■■:./•
the lecord date May 20 the company will begin mailing warrants
and copies of
at
18
debt
277,165,858 238,862,811
4,141,195
2,669,353
1,567,738
1,228,062
77
18,984,469
common
;
its0 registration
repairs-^
amortization-.
$
304,720,671 265,412,038
—
expense*-.,—.
shares,
'
pata Regarding New Debentures—"7/--./..'/''V;;77
and
and
■
10,044,472
taxes
operating
come
•
sales of leased depts.)
Feb,1,'41
(allocatediportion)^^,,-,j;718,740,0(Kt ;i,74V9(>>00(|14,l70,000
Income
;'A
on May 12 announced that system output of electricity
(electricity generated and purchased) for the week ended May 9, 1948,
kwh.,'compared with 194,200,000 kwh. for the
corresponding week' of 1947, an increase of 8.5%. Local distribution
of electricity amounted, to 193,400,000- kwh, compared with 183,700,000
kwh. for the corresponding week of last year, an increase of 6.4%;
Maintenance
Depreciation
since
'
-
22,206,348
Consolidated Edison Co. of New York, Inc.—Output—
amounted to 210,700,000
received
exps._7___
admin.
and
share.
The company
/inci.
,
Mr.
obsolescence,^,_
and
gen.
/v/://;. 7^; Net
//•/
jsales
31,'48
$
million shares,
5
1947
'.$
'
retail
Cost of goods sold and
proxies he had at
-
Jdn.
.' 7
•;
were not tabulated.
evidence
for 374,074
in
PROFIT AND LOSS ACCOUNT
'/
52 Weeks Ended—
Net
7 brought from Mr.
how many
they
CONSOLIDATED
/
7
file
to
are
222,246,520.189,791,785
sold, etc., oper. chgs._ 143,551,437 118,490,532
Depreciation
.
a
7
Dividends
Total
week
the ratio
plans to
cents
1968 with a sinkihg fund calling
gradually increasing payments to liquidate .them at
maturity.
The interest expense is 3.18% annually.
'(net
Cost of goods
meeting,
Q0Q
validly..;
.
for
"i7
.' :'7r"v! ,::7'7
$
■•'•7 :
$
of' returns, "allowances/
v
■'
/ 7
freight, etc.)
220,114,551 185,470,005 148,201,136
Other operating revenuds__
■"*
2,131,969 ' 4,321,780 ?.■ 4,631,166
311.-
has been called for June 16 to
capital be increased from $2,000,issuance of a / stock dividend.
Roy
filed by five
Mr. Berner to
with inaccurate
.
outward
recommendation that,'the
a
by
545.
p.
Federated Department Stores, Inc.—Notes Placed Pri¬
These notes mature in
suit
a
committee
-'(Including Wholly-Owned Subsidiary Companies)
•
•
Sales
7
Assurance Co., Chicagro^-Plans Stock Div.
stockholders'
special
in
attempts
his
not know
admitted
were
has proxies
now
Other Income—
vote on
Berner's
.
denied
114,313,641 108,308,011
depreciation of $13,055,754 at Jan.
31,-1948 and
$14,322,609 at Feb. 1, 1947.
tAfter deducting tax notes of $1,135,302
in 1948 and $6,521,245 in 1947.,
^Represented by 2,354,013 shares in.
1948 and 2,434,335
shares iif 1947.«:
,
;
:
7
Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8 N- y-;.
Wi 11am Dana
a
Mondavi
Otoer
Business Manager.
Published twice a week [every Thursday
(general news and advertlsing issue) with a statistical issue ^
offices: 135 S.
B.
St., Chicago. 3, 111.
(Telephone State 0613); 1 Draoers* Gardens. London.
0613)";
Copyright 1948 by William B. Dana Company.
Reentered
Drapers' Gardens, London, E. CJ England, c/o Edwards & Smith.
C.,'
Territories and Members of Pan«s^.^oni'class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.' Subscriptions in- United States, U. S Possessions,
NOTE:"On-account. of the fluctuations in. the rates, of,
exchange, remittance for foreign -subscriptions and advertisements must be made in New York iunas.
o
American
Union,
$35.00
per
year;
in
Dominion
of
Canada,
$38.00
,
vately—Since Jan. 31, 1948, the annual report disclosed,
$15,000,000 note issue has been privately arranged with
the "primary purpose of providing funds for expansion."
Co.—Quarterly Report
77-
..
167, p. 2027.
Mr.
Vice-President, Etc.—
a
manage¬
.
share.
1948, amounted to
the corresponding
i
election, had called a meeting
of naming directors..,
issued
was
Court
furnished
tively.—V. 167,
sim¬
The
.
.
served for the week ended May 6,
compared with 283',385,366 tor
S86.560
11
group, held
April 21.
directors.
meeting.—V, 167, p. 1920.
■ '.y;,
»'
7:7'.: 777 ,77,■'■>!:' -77^; v.77\"<77-7 7'"
(E. I.) du Pont de Nemours &
,
.
The weekly kilowatt-hcur output of electric energy of subsidiaries of
this corporation',
adjusted tb
show - general business conditions of
,
on
7^7 ?„:7''7<
11, the directors .declared a dividend of $1.50 per share
preferred stock, payable July 1 to holders of record June 11,
the
<
Tuesday after the
vacating the injunction.
Berner
The. closing of hearings 011 the litigation on May
7
proposed
On" May
oil
of
the
purpose
Three Months Ended Mar. 31—
Declares $1.50 Preferred
here
room
same
the
the
the
Berner a
amendments to the
corporation's plan offered by certain substantial holders of the pre¬
ferred and commoh stock; Mr. Whiting-stated that the directors had
neither rejected nor accepted, s.uch amendments but, on the contrary>
had decided to defer any action .thereon until after the staff of the
SEC had filed their proposed'findings on the plan.,
; '
rejected
'
copies of the by-laws of the company. /
•
/•;
1
The questions before the Court, >,spd Chancellor Harrlngton. were
whether a quorum was present for-the April 21
meeting and whether
v
,
that '.the
"
.
Esso Standard Oil Co.—New
L. E. Ulrope has been1 elected Vice-President and director in charge
marketing and E. H. Collins, previously Manager of wholesale
marketing, has been appointed General Manager of the marketing;
jdepartment, succeeding Mr. Ulrope.
B. L. Ray and G. W. Poorman.
/have been named Manager; of direct and wholesale marketing, respec¬
<
of
second
issue
the
management slate
was
re-elected
briefs at a date to be set later.
v.
'
plan,
'
,,
the
new
offices of this\corporation, of American General Corp.,
York Corp.. and The Morris Plan
Corp. of America at 103 Park
vAvenue, New York 17, N, Y., were opened on May 3, according to an.
announcement.—V. 167, p. 545.
7
meeting, headed by T. Roland
until
the
,
but
>■'''■ ."'I'
v Justin
R. Whiting, President, .on May 12 stated that he desired
to coirect the statement appearing in some newspapers to the effect
has
recessed
company stockholders.
The
show
that; the corporation
stpek, approximately 33Vb shares of The Southern Co,;
Ohip Edison Co.; 1.20 shares of Southern Indiana Gas
(based on present holdings of Ohio Edison and Southern
of
& Electric Co.
Indiana
C.
the committee
was
announced
challenging
May
7: Chancellor
proposed
an
chase
York,
meetings in
group
group,
.
10,000,000 shares of common'
that C, & S. invest
holds
now
but
Co!
New
ultaneous
additional $10,000,GOO in Southern Co. from funds to be derived
""from proceeds of the sale'of South Carolina Power Co./ If -this pur¬
:
any order Chancery Court may
corporation's management and
The
-k■ '■
■
the Court action,
of
of
date
required
common
annual session.
1948
the
Eerner
is
It
8,538,904
40,394,943
W. W.vHarrington signed a preliminary injunction ban¬
gathering, but said he had no decision "at this time"- on
the validity of the meeting.;.
7,
,7 ■<; v.*.-.:
•
of Consumers Power
present Commonwealth
reduced from $17 to $16 per
be
would
9,270,442
45,445,289
12,930 466
stockholders' committee was prohibited by Court order
7 from reconvening "any purported recessed meeting" of the
May
ning
the
/.;/'■/ii}</,.. i'' :■'/ • >'"■*. 7//'//!/:/.5
:
Ihe
stock.
Co.' common
2,338,417;
v
15,844,118
Chancellor
distribution
on
2,5)8,212
—i.
feet)—
The
First
common
company's
,
Equity Corp.—Change of Address—
,
167, p. 2027.
A
on
and
stock
common
S,* assets,
expenses,
Commonwealth & Southern
stock
to
accruals
shares would
of
dissolution
stockholders.
prior
Co.
Power
Illinois, Power
that,
shares,
balance
The
pay
Consumers
Central
Illinois
Southern
to
of
contemplated
Central
of
y.
Curtiss-Wright Corp.—Court Bars Recessed Meeting—
I
preferred stockholders of Commonwealth &
the
shares
2.3
shares
further
and
of
(kwh.)
(cubic
:
7
,
agreed
will withdraw
and, together
,
Southern
share
com.:
(000's omitted)
Electricity
that
if this
the plan which it
with the common
stockholder
signatories,
will
support
the compromise
proposal
in
order to facilitate tne consummation of an early reorganization
plan
with a view to minimising costly and lengthy litigation.
!
The
proposed modified plan
of reorganization
provides for sub¬
scription for cash by Commonwealth & Southern for additional shares
preferred
compromise plan is effectuated,
it
has submitted
to
the Commission
income
per
year.
Other
Countries,
$42.00
per
year.
■
COMMERCIAL
THE
(2132)
4
FINANCIAL
&
CHRONICLE
Monday, May 17, 1948
*
To Change Par
*■'
the
At
.he
Value of Common Stock—
$5
nent
to
corporation and its subsidiaries.—V.
CONSOLIDATED SURPLUS
Three Months Ended March 31—
meeting June 7 stockholders wUl consider changing
shares of common stock of no par value into shares
par value.
Stockholders also will vote on a proposed amendthe charter to permit certain sale of assets between the
annual
Earned
Net
a
\
for
The
statement
stock.—V.
the
167,
(No.
An
will
be
used
fcr
last
Feb.
27,
1807.
p.
the
Capital
surplus at end of period
surplus
producing properties and exploration
writer will be Aetna Securities Corp.
wild-cat
The
Under¬
acreage.
—
Gov't
S.
Accts.
'
will
be
tral
Hanover
used
costs.—V.
to
will
(less
Bank
167,
&
Foote Mineral Co.,
The
for
company
at
Proceeds
$40
will
tCom.
of
Underwriter,
for
general
Estabrook
corporate
&
Co.,
stock
understood
that
expected
are
shares
120,000
be
to
onered
purposes.
Piper, Jaftray & Hopwood
167,
~'r
1922.
p.
to head
y
■
the
1937-1941
while
greater.-."
'
"As
has
Frigidaire
employment
average
r"■.'AfXxA'
other
the
non-automotive
products
volume
than
in
of
has
167,627,617
A
90,000,000
96,000,000 •r
3,232,078
unawarded
62,698,838
being retained in the
earnings than in prewar
dividends."
business.
62,103,144
As
11,971,269
;
1,715,850
>
:
——-
series
55,407,328
s 5,645,291
,
In
the
dends
(en-year period ended Dec.
85.7%
were
reinvested
in
31,
1941,
of the net income available
the
business
14.3'%
were
of
war
years, 1942-1945, dividends were 70.6%
amount reinvested in the business was
29.4%
v
Total
ments
for
sales
overseas
the
first
to
first
dealers
amounted
quarter
quarter of
the
the
United
States
and
Canada
536,84§ General Motors
1948.
This compares with
1947.
aa
and
and
cars
450,227
;
'
'
4,735,429
($10
.
.
SUMMARY
OF
Net
A'
,
CONSOLIDATED
Three Months Ended March 31—
sales———i.__
,084,656,543
exc.
Amount earned
on
common
shares of
par)
183,564,400
100,000,000
441,043,400
100,000,000
183,564,400
100,000,000
441,043,400
441,043,400
34,850,276
811,117,725
of
19,515,382
4,041,000
55,765,000
;____
stocks"
cap.
com.
$96,481,412
3,232,078
stock—
outstdg,
cap.
$60,793,191
3,232,077
$93,249,3341
43,986,996
I
stk.
$2.12
$1.31
of
consolidated income and surplus for the first
quarter of 1947 have been revised to
give retroactive effect to adjust¬
ments, made later in the year, in the amount
provided for deprecia-
1948
n s and interest received amounted to $3,801,102 in 1948
$626,358 in 1947.
JIncluding dividends received of $293,408 in
«
and
$1,536,789 in 1947—less sundry income deductions
(net
deduction).
8Including $3,223,145 in 1948 and $3,250,000 in 1947 for
extraordinary obsolescence of buildings.
a
NOTES—(1)
representing
Sundry
the
excess
income
of
deductions
the
in
1948
carrying value
include
the
over
$1,904,534,
net
proceeds
from sale of the
corporation's entire
holdings, 399,990 shares, of Bendix
Aviation Corp. common capital stock.
This stock
was
sold
to
a
group
underwriters in January, 1948 for
public offering at $28 per share
and the net proceeds realized
by the corporation amounted to $10 368,487.
(2)
'
K-Jr.-i'z.
V; ;»tV.y».£
Net Income does not include
profits realized abroad
the United States frpm: Certain
not remitted to
exchange restrictions exist.
,
■
..
a
-
a a:
•
al>
-Umli
...
v
:
•'•h"*
whltfAtykre
692,711,715
sheet
for March 31, 1947, as previously reported, has been
give retroactive effect to adjustments, made later in the
the amount provided.,for depreciation.
to
in
Bonus:
In
addition
to
a
™
1
■>..
'•
-
'\r_"
7.sb.
-vol
OF
29,
1943
$3,000,000
borrowed
,
the
*
1,312,000 shs-
loan
a
•
,
Outstanding
1,312,000 shs
CONSOLIDATED
agreement
of
sum
with
$4,000,00a
EARNINGS
?
-
—Calendar Years—
1947
$7,103,236
1947
1946
$5,111,989 $40,862,690 $28,602,257
5,280,772
3,829,718
29,444,860
A;... 575,521 v/i 458,131
2,987,969
112,944
74,278
$1,133,999
$749,862
21,240,860
2,382,634
804,869
$7,624,992
—
Operating
income—_
Other
income
Net
income
'■
(r.et)___
486,157
a
36,598
:
194,994
200,477
$786,460
$4,693,083
taxes-
386,269
252,718
taxes—_
income
Net
$4,492,600
$7,819,986
2,802,067
28,326
X.36,188
216,232
.56,523
$724,004
$497,554
$4,801,687
$2,903,200
income
Other
4,600
$1,138,599
income
the
amounts
set
out
—~_
UNDERWRITERS—The
each
the
1,733,360
167, p. 1807.
aAAA'.'// xa A.
General Public Utilities
The
1948
electric
of this corporation for the week ended May 7.
145,401,847 kwh., an increase of 14,740,249 kwh., or
corresponding week of last year.—V. 167, p. 2029.
;>
to
the
over
..
Lehman
BroUiers
Blyth &
#fr;Tnc
f
1943—Month—1947
Atlantic
Refining Co.
—:
$224,780
from
revenue
$658,112
200,547
606,886
A A'XX'AA; AxA-AA
operations
$12,878 j
Ry. tax accruels:
Ad valorem
Fed.
RR.
$596,032
540,470
and
misc.
Fed.
$51,226
$7,509
6,472
."'A'V.
■
$55,562
6,502
Id,416
X;
18,684
20,644
.17,499
RRA Unemploy—V
Insurance
Act
A'A' A'. 'Jf
1938
Ry. operating income
Equip, rents (net Dr)_
Joint facility rents (net
DT)
A
3,724
•
"•$4,455
X *$3,614
12,140
XX
A
$395
•
13,780
9,130
$10,249
;v'
A 34,693
35,666
1,324 r
A
2,123
6,260
6,280
Net ry.
income. '
oper.
•$24,517
•$18,704
2,213
Non-operating income-
•$40,557
*$31,696
1,521
6,180
4,135
Gross
income
Deducts,
from
*$22,996
*$16,491
income
*$34,377
•$27,561
231
648
654
*$23,227
218^
*$35,025
v/ *$28,215
•
-
to int.
'=
•$16,709
'
•Deficit:
v / X'
.
A: A'X
9
Days End. Apr. 30
1948
revenues—
—VX 167,
;X
■
Period—
'
.-A
-A-
F.
C.
Bradford
Earnings
The
caused
V.
Dodge
Julien
Dain
M.
Dallas
A
Union
H.
Dittmar
Dixon
labor
division
Gerity reported
of
this
use
rubber
will
seal
stockholders
follows the completion
between
new
President, said, was
field, generally unsettled
of
be
for
on
doors
units,
exclusively
devoted
doors
and
to
compartments,
G.
J.
&
Inc
&
First
California
'A;
"A."'
1,323
A.'"
y-y
Co
&
a
manufacturing and marketing
and
the
&
Hallgarten
& Co
Harriman
Hayden,
Cook,
r
A-j>' 353
/
X
"X
1
:
first
company
and
and
; i,528
X
Stone
VV
117
"
3.088
;,
:824
5,736
& Co., Inc
&
576
:
3,088
.
_____
Ripley
&
Hentz
Hill
5,736
2,161
3,088
—
3,088
3,088 "
Co.
1,528
'
a '
3,088
Weld-O-Welt
Corp.,
882
882
—
882
•
882
882
l__
1,324
1,323
882
882
3,088
3,088
—
& Co.—
&
to
manufacture
»'■
882
Co
Richards
ii7 xv
>
442
2,161
441
—
——
Co
824
824
236
!
236
236
""
J.
J.
Hilliard
B.
&
Son
& Co.__
Hornblower
Howard,
&
Weeks
Labouisse,
—
Friedrichs
R.
S.
'
<
'
236
windows,
basis.
The
seal
is
is designed primarily
of automobiles, refrigerators,
doors and screens of homes.
It
"Opier, applications also are possible. .
\
^•.Despite the drop in net earnings in the third quarter of the fiscal
.,yeafo,Mr. Gerityr, said, the company set three new records in March.
W.
».•
Hudson
&
Co., Inc.___——
Hutton
&
Co
E.
The
Illinois
Ingalls
&
Co.
882
882
236
442
117
2,161
441
—
Snyder——
James & Stayart, Inc
Johnston, Lemon & Co.,
Kebbon.
A.
M.
McCormick & Co
Kidder &
Co
2,161
—
—
;
•
A 824
578
1,323
353
"
production
X
353
&
Co.
mass
compartments
the
117
1.528
-
;
442
"X
117 XX"
578
,
5,736
A
vX"
353 A"
v
1,528
1,323
5,736
441
Inc
Hemphill, Noyes & Co._
H.
seal.
the
353
117
V
442
441
Co—
XV
;353
442
5,736
5,736
&
A'.
2,161
;
V.
'x;
117
442
442
»
353
117
1,323
2,161
Rogers
353
-,
5,736
441
Corp
Co
117
1,323
1,324
5,736
1,324
Co.__^_——
Michigan
H. Goodwin
-
1,323
—_——
French,
442
1,324
441
Corp.—_____
a.
X'A
'
A
5,736
1,324
Boston
824
1,528
V
442
441
v.
Co
Deetjen & Co._—;____
Clement A. Evans & Co., Inc.—_
Farwell, Chapman & Co—
353 XX
•x •■x'
117
3.088
1,323
V
441
Emanuel,
The
;v
1,324
Eubank—__—^____—
&
Elworthy
;V-V
i—.—1,324
Co.______
A:"
442
441
Edwards &
N.
.
■.'/A.- 117
1,323
A-
5,736
Co.—_____
Co
'
2,161
'
3,088 V
—
Edwards & Sons—
Edwards,
William
Hirsch
April 30.
on
Gerity-Michigan
Corp. will be
Weld-O-Welt seal on a
freezer
790,949
$1.03
Jr.,
produced by a new rubber extrusion process.
for
Dillon
Eddleman-Pollok
R.
Inc.____
824
; 236 vX,
Xx A 117
•
; A A578
V
442
1,324
441!
.__
Noonan
Dominiek
Henry Herrman
corporation
new
a
to
Gerity-Michigan
home
353
x
V.
442
A"
441
:
HT.x
1,323
Ar
411
2,161
Co
&
Greenman
unrest.
of
manufacture
new
&
Bretscher
Dominick
*
& Pancoast—
Co., Inc.^____-_
&
Vj. V
236
'A'
882
Robertson
117
'
.
'
3,088
Dickson
A:
-117
V
"
the
the
:-
"
442
.
;«/■:•
824 ;.x "
••.
882
.
1,324
~
■
465
117
•
442
442
-■
353'A':'
VrvAiiT A-'
X'236 A-
-
$0.85
developers of Ure
882
,
■Vv
1,324
Graham/ Parsons & Co.__
$0.45
move
:
882
R.
1948—9 Mos.—1947
$3,762,713 $10,431,325 $19,996,496
net profits, James Gerity,
changes in the automotive
Mr.
The
A
442 A-
3,088
R. S.
'v
A
117
;
A
442
"Av-'V.
;
441
Glore, Forgan & Co
Goldman, Sachs & Co.„—______
$3,767,593
.
3.088
"VV"
!
882
Co..
I
442
Co.——
&
$795,267
$0.19
in
model
agreement?
Trust
Davis
117
.
-:A iU117
LW' H7 A.,-
Davis, Skaggs & Co.—_________
Dempsey-Tegeler & Co
of
per share—
new
& Co._^
A
A; 578 A;:.;
442
882
,V
Co.__.
•A
■:/
1,743
441
V
&
Southwest
653,637
and
Weedon
-
117
442
441
-
A".
117
442
•■A
3.088
Co
■"
2,161
1,742
ifViivVV
-1,528
1,323
1,324441
George R. Cooley & Co., Inc.-,.—
V 441
& Co.
——.---'V—
.-VV": 441
Crowell,
353
824
"
•.
■c-v-
r
Courts
First
347.326
conditions,
44l
Co.
Collins &
•••'•
/A"
441
r
^
353
442
(Inc.)—.
v
117
A
;..?v
442
*
:
353
353
..
3,088
'V
A.
353
.
V
1,323
V
117
578
442
441
,
•_
:
1,323
W 441
Co.
&
Co
&
First
147,817
by
Co.
Christie &
Clark,
Cohu
•
■
v
5,736
i
Co., Inc.——l.—
$838,958
$199,234
V
3,088
Co,___—^;
Republic
1947
taxes—
decline
&
April 30
' '
1948—3 Mos.—1947
.
profit alter
441
Co.—V—
Slocumb & Co
Burnham and Co.——^
1948
Gerity-Michigan Corp.—Earnings, Etc.—
Net
&
Brush,
&
Vv<
5,736
—
Period End. Mar. 31—
Sales
1,323
Co., Inc.———— i 2,161
Boynton & Co., < Inc.,
—. 4-'441
First
Jan. 1 to
1947
$180,845
'I-
2029.
P.
;
■
1,323
1,324
:
—
Bensdorf
Eastman,
"
2,109
——
10,771
3.393
A- '
1,323
&
Dewar,
A
—
2,161
*
V: 1,324
Inc._
Co.—
&
Paul
—
ment
of
H.
J.
Co.
5,882
A A
441
1,324
Becker &
Herman
J.
6,228
7,137
;v. 'A
Taxing Act,
1937
G.
A
442
1,324
'
Eichler & Co.___—
Bear, Steams & Co.^__:
A.
5,832 "A
22,059
2,161V
Co._
&
Bateman,
B.
$203,056
211,902
ry.
Barth
22,059
22,059
v
-
.
1948—3 MOS.—1947
;
"
Vida C.
& Co,—
A.
Central
(Including Statesboro Northern Ry-)
-
Period End. Mar. 31—
Ry. operating revenue— J
Ry. operating expenses.
the
Halliburton
____.—22,099
Lovett Abercrombie
Burton
Georgia & Florida RR.—Earnings—
and
Erie P.
Blair
Corp.—Weekly Output— 1
output
amounted
11.3%
\; xa-'
underwriters
No. of Shares to Be Purchased from
Beer
that may be made.—V.
several
severally has agreed to purchase
as follows:
are
Halliburton
as
ments
,
the
of
names
selling stockholders
J.
.
foreign countrieswhere
:■
it
Barret, Fitch & Co., Inc
$57,561,114
44,096,390
th«
34,850,276
34,850,276
071,380,278
$2,575,986,163 $2,472,969,238 $2,073,896,401
Operating
stock
com.
sh.
per
summaries
?' *2?
and
1,973,414
183,564,400
__
Surplus applic.
23,617,659
10,373,000
list
payable
of business,
together with other contingencies.
There is no
of determining the eventual liability ior these claims and contin¬
gencies but, in the opinion of management and counsejf amounts
included in other liabilities and reserves on the books of the
corpora¬
tion and its consolidated subsidiaries are adequate to cover all settle¬
783,531
78,952,000
to
1,312,000 shs.
(less
revs,
benefit fund
33,414,321
783,531
prof, taxes
for period
preferred capital
Apjount earned
■The
41,439,160
equlptAA
U. S. & foreign income &
of
628,070,151
made
of
way
$802,382,576
833,009,781
which
to
notes,
amount
Operating charges
Depreciation
Contrib.
to
employees'
:'v-r;
A.
.
Employes bonus
Avg. no.
$804,853,209
gross
Elliott
;
on
.
.
the
coursfe
1,004,185
sales and
operating charges.
and administrative exps._
Interest and amortization
of discount on
2 Vi %
promissory notes
:
SDeprec. of real est., plants, &
income
f
Dr3,474,818
Selling, general
Net
:•
*1947
serial
in
and its consolidated subsidiaries in respect to sundry taxes,
suits, patent infringements and other matters incident to the ordinary
■
6,094.569
____
Cost of
Dividends
-
Drl0,589,719
—
Total
A-
$1,089,151,693
tCorporation's equity in earnings
(net) of
subsidiaries not consolidated
tOther income
_
INCOME
1948
«
,
\i
1,973,414
f
poration
report said the coal strike, which began on March 15, did not
affect operations in the first
quarter, but that it lasted long enough
to cause a loss in steel
production which is being felt In the second
quarter.
% ;-r
/A,
.
with
Registrar, National
be
$3,000,000
C. Allyn & Co., Inc.Bacon, Whipple & Co
Baker, Weeks & Harden
Ball, Burge & Klaus
__V—,:'T
The
•
FEB.
the company entered into
discounts)
5,209,882
r-r.VX
sundry accrued,items" $3,148,303f'fet March 31, 1948 and $6,589,483 at
December 31, 1947 representing life portion of bonus awards for 1947
payable in cash within one year. ; v'
/
•
Contingent Liabilities: There are'various claims against the cor¬
v
.
will
Authorized
par)—_________
pursuant
its
OF
1949-53
of
the
for
■
($5
AS
.
shares of stock which each
ship¬
trucks
,
due
1947,
banks
gave
Total
of net income,
to
Of
and
Halliburton
1,312,000 shs.
from
A'Aa'A
income
net
/
notes
___—
1,973,414
surplus
NOTE—Employees'
General
of
par)—
number of
Net
in
P.
York.
application
1948
1
"Provision for employees' bonufc including unawarded balances)" there
is included in current
liabilities'; in "Taxes, payrolls, warranties, and
for dividends
income.
net
that
f1
year,
.
Motors divi¬
and profits
During the four
Erie
•—2 Mos. Ended Feb.—-
35,409,524
aaa'
co.__
pfd. stock-
stock
expected
SUMMARY
48,191,833
prefer-
—
sub,
surplus
revised
earnings
A":,
Mrs.
4,160,535
.
miscel.:
foreign op.
of
the
as
•10,855,962
7,644,145
A 1,752,094 a.v 1,414,605
22,642,527
a
"./:■■■
-
;; 66,210,310
X
unused
result, a lower percentage of
flowing to stockholders in the form of
years is
and
•i;'
plans
income.—
interest
96,000,000
"
29,940,778
vAXX-.-AA
stock
will
semi-annually in installments of
$333,333, commencing on Feb. 1, 1949,
and ending on
Aug. 1, 1954, bearing interest at 2%%
per annum,
payable semi-annually on the unpaid principal amounts thereof.
The
installments due Aug.
I, 1953, Feb. 1, 1954, and Aug. 1, 1954, have
been prepaid.
war¬
bals.)__
&
Halliburton
shares are sold, the net
proceed*
will amount to $1,125,000.
to present personal property taxes
lit
company continues to pay the Pennsyl¬
subject
($5
stock
principal
bonus
benefit
P.
of
such
balance
to
capital for
enterprise is expressing itself to a large extent in terms of new issues
of senior securities, such as
preferred stocks and bonds, and term loans
is
Mr.
of
1947, net claim again U. 3. Government arising from carry-back
excess
profits credit (co)lected in June, 1947).
tHeld for
bonus purposes <1948—87,672
shares). • }The condensed consolidated
of
"Because the supply of venture capital is
prejudiced by existing high
and its investment .restricted
by uncertainties with respect to
unsettled international
conditions, the need for additional
of
by
If all
long
is
July 21,
certain
and
taxes
proportion
paid
not
-
•On
1, '76
employees'
Erie
stock
tax.
stock
Common
58,476,393
Aug.
liabils.—taxes,
is
so
sarial
Federal
only added substantially to the cost of new facilities, but has
greatly the requirements for working capital.
Noting that additional capital is obtainable from two sources: re¬
increased
Mrs.
any stock of
•In
not
an
;.V
249,622,921
259,727,310
A Total
the much higher price level and the need of replace¬
and expansion of facilities.
The rise in prices
Institutions,' and'
be
CAPITALIZATION
B, matur.
to
stock
'
.
3,232,077
Common
modernization
financial
own
Erie P. Halliburton
LISTING—It
29,000,000
Capital
years.
earnings and the capital market, the report said:
Mrs.
franchise
"2V2%
3,232,078
Earned
also increased
from
The
141,740,350
29,000,000
$3.75
discussing the increased capital requirements of business, which
principal postwar financial problems facing
as a whole, it said two factors largely accounted for the need
investment of
182,683,233
Capital stock and surplus:
$5 preferred
stock—
;
the report called one of the
for more capital:
will
such shares.
and
Pennsylvania
•
29,000,000
ence
industry
ment,
and
common
171,255,375
1, '66
Minority
A'.rV,;
year.
204,656,418
'
pay
1948, compared with 375,305 in the fifst quarter last
In
to Mr,
Common
205,144,420
Aug.
even
Total
commissions
respect to
4,644,547
matur,
Allocable
replacement parts than was the case before the
after allowing for the increase in price levels."
rolls were $317,000,000 in the first quarter of 1948, com¬
pared with $270,000,000 in the same pefiod of 1947.
An average of
388,911 employes were on the company's tyay roljs In the first quarter
war,
39,241.919
•30,239,486
—
General
automobile
of
11,334,191
$2,575,986,163 $2,472,969,238 $2,073,896,401
Contingencies
■' -.r-
continued
prewar
Mr.
the
Transfer agent, Chase National
Bank, New
City Bank of New York.
Deferred
higher proportion of
a
of
63,214,330
Employees'
locomotives, GM Diesel engineb,
of total
offered,
63,214,330
(incl.
first
1948
shares
Refining Co. will not
vania
Reserves:
60%
nearly
'
war,
now
31,000
1,518,535
period
prewar
rate
a
the
of
addition, sales for the first quarter included
sales
the
in
at
was
end
Diesel
of GM
and
the
since
case
higher proportion
a
than
/ '•>.;v.
the
products
represent
greater
...
been
quarter aggregate 6ales
•In
175%
was
14,934,908
ranties, and miscellaneous
They declared that in appraising the results for the period, recog¬
must be given not only to the relatively high level of
physical
and
employment, but also to the inflation which has
occurred.
"The general level of all prices is importantly above pre¬
war," they pointed out.
"General Motors pay rolls in the first quarter
that
shares
own
10,428,399
production
rate
be purchased
from
The
Atlantic
will not receive any of the proceeds
the shares.
After giving effect to the sale of
637,740,836
for
other
company
of
6,332,958
Frov.
nition
a
the
any
9,668,042
Other
Corp.—Quarterly Report—Net sales of
General Motors products for the first quarter of 1948
amounted to $1,089,151,693 and net income was $96,481,412, Alfred P. Sloan, Jr., Chairman of the Board, and
C. E. Wilson, President, stated May 7 to more than 435,000 stockholders in their report for the first quarter.
at
of
722,996,002
Ser.
any
600,000 shares are to* be pur¬
from Mr. and Mrs. Erie P. Halli¬
5,043,061
A
in
to
8,064,585
63,214,330
Ser.
General Motors
were
39,452,660
—
in
than
offered
are
724,585,104
underwriters.
A A}
\
28,913,321
profits
taxes
payable on pfd. cap.
stocks
2%% promissory notes:,
par) convertible preferred
public on May 25.
Dividend
expected
are
the
of
and
being
underwriters
shares
treas..
>
—V.
125,542,551
__
excess
rate, conversion, sinking fund and redemption terms and offering
price would be determined at a later date.
:;
Goldman, Sachs &• Co., Merrill Lynch, Pierce, Fenner & Beane
and
129,458,916
Divs.
($50
the
to
658,726,845
130,860,760
payable
Taxes, payrolls, warranties,
& sundry accrued items.
U. S. & foreign income and
Gamble-Skogmo, Inc.—Preferred To Be Offered—
is
production
the company and
the company.
addition to the 680,000 shares
being offered by the underwriters,
Mr. and Mrs. Erie P.
Halliburton, two of the selling stockholders, are
offering 50,000 shares of the common stock of the
company to the
employees of the company at $22.50 per share. The
offering to em¬
ployees is not being underwritten and no
underwriting discounts or
LIABILITIES—
company also filed 1,500 shares of common which it proposes
offer direct to employees at $37 per share.—V. 165, p. 3051.
It
stock
Accounts
The
to
sale
each
208,082,068
692,889,191
Total
York.
New
277,741,023
752,474,105
______
in
est,, pits,, & equip.
Prepaid exps & defd. chgs.
Goodwill, Patents, etc
Philadelphia—Files With SEC—
share.
used
286,588,194
Net real
10 filed a letter of notification with the SEC
common
stock (par $2.50).
The stock will be
per
be
cap.
Co.
the
The Atlantic
assets
assets
parts
In
not
Other
May
on
shares
3,000
offered
by competitive bidding.
Proceeds
indebtedness owing to the Cen¬
Co., New York, and to meet construction
Trust
$294,516,884
subsidiary
consol
investments
Other
2028.
p.
in
80,000
from
250,014,914
reserve).
Miscellaneous
$4,000,000 in
off
pay
$269,867,011
249,974,628
new
shares
the several
and
Refining
mar. 31, '47
—_—
companies
determined
be
.
Dec. 31, '47
of
1922.
p.
680,000
by
burton
31, '48
-
the
chased
receiv., notes receiv.,
etc.
on May 6 filed a registration statement with the SEC
$11,000,000 first mortgage bonds, due 1978.
The names of
underwriters
Of
34,850,276
SHEET
BALANCE
$311,333,167
—
securities
Investments
Light Co.—Registers Bonds—
company
covering
the
937,522
33,071,548
34,850,276
——
number
167,
Halliburton Oil Well Cementing Co.—Common Stock
Offered—Lehman Brothers, Blyth & Co.,
Inc., and asso¬
ciates on May 2 offered 680,000 shates of common
stock
($5 par) at $25 per share.
871,380,278 692,711,715
^
CONSOLIDATED
greatest
all
Cash
U.
Inventories
Florida Power &
the
ASSETS—
stock is expected shortly.
further development of oil-
of
:
—
Mar.
common
of
937,523
$1,400,000, highest monthly total in the company's
Employment in' the company's plants is now approaching
a high point for the company; and
the company had
persons,
month.—V.
907,599,137 729,015,340
"
2,294,555
2,294,553
—_
32,986,781
CONDENSED
Financing—
purpose
dividends.
preferred dividends.—._
dividends
Earned
,
offering of 296,000 shares of
Proceeds
filed
7435)
Fleet Oil Corp.—Proposed
*
preferred
$3.75 series
Common
registration
yifer
<
series
$5
covering
175,000 shares ($1 par) common stock, was withdrawn April 4,
Com.any
said that it considered the present time "inappropriate" to
*
2.000
167, p. 153.
Co.—Registration Statement
Withdrawn—
"
...
almost
were
history.
$
811,117,725 668,222,149
96,481,412
60,793,191
period
—_
Federal Electric Products
1947
$
"
•
surplus
income
Sales
1948
.
a
•
present
*ith
«
SUMMARY OF
2,161
441
1,742
1,324
1,323
882
882
2,161
578
442
''117
1,743
465
X
353
236
X;
Volume 167
Number 4699
THE
No. of Shares to Be Purchased from
Erie P.
Vida C.
Atlantic
Halliburton
Kidder, Peabody & Co
W. C. Langley & Co—:
Lazard
Lee
Preres
&
Higginson
Lester
&
5,736
—Y*_
Co..
Corp
5,736
Co
882
3,088
T;
Masten
McDonald
The
&
&
882
Co
117
465
Profit
1 323
353
Federal
1^323
The
Ohio
—
-
Northwest
of
Calif—
167,
,'Y.
Net
353
Number
3,088
824
Earned
442
465
J
of
3,088
824
441
442
117
from
Piper, Jaffray & Hopwood...
Prescott, Hawley, Shepard & Co.,
June
1,324
1,323
353
exira
R.
W.
Pressprich
& Co
Reinholdt
&
Reynolds
Co
&
E.
Rollins
H.
Rotan,
,
L.
P.
Rowles,
Dallas
Russ
Inc
&
&
Co.—
882
——'
&
■
Schoellkopf,
Inc.
Hutton
—
John
D.
&
&
L M. Simon & Co
ISmith,
Barney
William
Stein
R.
1,323
:
Boyce
Meyer
Co.
Inc
Co
Swiss American
Corp...
Dated
Y
353
1
lumbus
1,528
,
353
.
YY'Y
1,
Walker
&
Co._
578
y
1,323
2,161
———
.
353
/
t.
Y:..,y
2,161
The
Wisconsin
Company—
Net
the
1,
1948;
due May
than
on
Proceeds
will
•*
Y
;
117
z,.1
1924,? the"
since its incorporation in
net profit, and in each year
Earns,
—V.
lor
of
$1
that
1926,
and
of such date its consolidated
as
when
utilized
he
.method
for
in
in
1,
1960.
National
Ohio
the
operation
of
the
interest plus a
5% / thereafter and
on
May 1,
or
before
2%;
1957,
of
May 1 and Nov. 1 of
days' notice as a whole
30
accrued
1949,
Bank
payable
on
through
AND
21,
1902
follows:
of
area
United
the
May
A
Halliburton
services
and
duction
both
time
irom
were
manufacturing
to
time
facilities
specialized
the
of
to
offered
were,
equipment used
States
oil
The
F;
and
Claflin
N.
net
payment
principal amount
; '
$100
outstanding.
(a)
poses:
and
as
•
*
v
:
j
^
on
Co¬
each
Co.
proceeds
of
a
stock. consists
share),
/i(
in
On
of
of which -479
r '
«;'r '
of $80,150
be
used
for
balance
the
will
of
first
mortgage
(bj
and
additional
has
company
operations
the
of
steadily
grown
within
area
which
business
as
its
and
and
/
-
Cost
net
of
goods
sold.^i*
the
presently
constituted
The
the
field
conducted
are
states
organization
an
and
a
Operations
sideration
The
.foreign
are
to
degree
with
of
in
customers
being
and
and
other
the performance
authority
are
contracted
for
make
to
m,ade
camps
several
which
foreign
located
are
production activity within
superintendents
drivers
in
operating
drilling and
truck
skilled
men,
geographical divisions operating in
11
from
conducted
the
divisional
cementers,
of
division
field
through
in
this
the
in
the
field
field,
as
personnel,
of their duties and
decisions
separately,
supervisors,
operating
19
the
as
trained
are
possessing a large
field.
Sales
exps..>
income T
operating
Other
is
It
has
organization,
a
1947
■
each
job
was
24 hours
services
a
at
The
services and
day, seven days
a
well
may
2,700 vehicles in
equipment of the company
use
operations,
on
are
—.**—**_
income
Interest
Prov.
March
31,
1848.
and
In
the
its subsidiaries
—V. 167, p.
1809.
three
for
,
ner
/
•
which
thcr
2030.
shirts and
Net
—V.
the
Office
Jewel
Franklin
of
Park,
St., Chicago 3, 111—V. 167,
of Wisconsin.
•;
Common stock
P.
St
"•.
"v'.\
The
;__*
liabilities
of
the
former
its
former
3,907
1943
through Dec.
31,
$105,153
1947,
were
as
follows:
follows:
net
Current
'•
capital.
9.915
9.371
3,716
17,036
46,007
,
37,492
$28,300
$46,058
$15,465
16,893
Y..,.
281,181
is
proceeds
.
Oil
$60,000;
Refining
Co.—Stated
Value
of
charter
so.
on
May 10 authorized
that
the
value
$475,000,000 to correspond
:
$300,000,000.
/
;
.«
y
amendment of
stock
the
be
may
.
' !,v
■1
& Co.
preferred
has agreed
stock
($100
,
.
'Y
/•
;
to purchase
par)
at
par,
has
com¬
additional
to an
stock.
one-half
of
by Aim & Co..
Y/c of the pax
Steel Corp.—Changes in Personnel
Carey, Assistant Treasurer since 1942, has been elected
Formerly, C. L. Austin,
Executive Vice-President, also
/
office of Treasurer.
the
C.
W.
,
an
entitled
be
the preferred
of
Treasurer.
Stock
held
capital
to
■:;;//
cumulative
Jones & Laughlin
who has been employed as an attorney since
Plummer,
1920,
appointed General
Counsel.
H. Parker Sharp, a Vicecorporation, has heretofore held the additional office
been
President of the
stated
General
nearly with the present net invest¬
The capitalization of the company
of
V,
been
more-
fixed assets of $481,690,000.
been
the
of
Y
approximately as
increase working
applied
balance,
.
AGREEMENT—Aim
5V2c/o
of
shall
value
YY
&
;r\ /
■
be
to
this option is exercised, and the entire issue taken
If
they
$30,812
y
1947.**-—**——— .317*396
plus dividerds, less a commission of 5% thereon; and company hai,
granted, and Aim & Co. has taken an option for a 90-day period,
after the date of the public offer of sale, to purchase the remaining
500 shares of preferred stock.
6,526
18,788
years
,
1946*__**^M-_-**.-*-*_. $421,011
obligations,
•:.
shares
500
4,279
Y 5,291
'
_
$124,604
—
PURPOSE—The
$76,378
.
Brothers
1943,
210,352
—
*****
1945—*
$72,098
■
3,949
$60,542 '
Johnson
of
management
Co., the net sales hove increased steadilv from $124,604, in
to $317,396 in the year 1947.
The net sales for the past five
116,949
$101,203
$157,503
to
.
from
96,094
/
amounting
owners
equipment and assets ,to be made in com¬
■ ■ ( •'.•V f
■'Y >
The company manufactures potato, chips,
salad dressings, horse¬
radish,
delicatessen and
mayonnaise products, and
engages
in, the
aging, curing and processing of cheese, and. the sale at wholesale
of these products,
as well as noodles, soups, candies, dog food and
the like.
In
addition, the company is continually developing and
processing food specialties and other lines.
The
property ■ of
the
company
consists of a
modern
two-story and basement plant at
No. 130 Light Street, Oshkosh, Wis.
1943*
91,060
$56,635
.
..Y
•
1945
■
Outstanding
1,000 she.
10,000 shs.
20,000 shs.;
•
such plant,
payment for
stock.
531,062
m
*
OFFERING
.
the
assumed
>
"•
THIS
1,000 shs.
AND BUSINESS—Company, a Wisconsin corporation, was
Feb.- 21, 1948, for the purpose of acquiring the property
of Johnson; Brothers Co. at Oshkosh, Wis.
plan, equipment and assets were purchased from the former
at a purchase price of $248,193, and Johnson Poods,
Inc.
mon,
capital.
1946'"
TO
($100 par)*
($10 pai)_*.
EARNINGS—Under
;
EFFECT
GIVING
business
owners
on
„*__*___*Y
stockholders
ment in
South
135
HISTORY
and
the
3,107
2030.
Humble
had
to
organized
Increased—Changes in Personnel—
The
111.,
Inc., Oshkosh, Wis.—Preferred Stock
preferred stock
cum.
Hampson
\
President,"
Lunding,
1923,
p.
Authorized
5'/2%
pur¬
in
notes
402,356
$59,655 /
—>,
income
pany's
J.
Barrlngton
&
CAPITALIZATION
are
6,948
taxes
*;
167,
pajamas
Co., Oshkosh, Wis., recently offered
1,000 shares of 5Y2% cumulative preferred stock at par
($100). The offering was limited to residents of the State
$720,111
3,815
.
__**_**
expense
for Fed.
income
»
H. C. Wiess, President nf this company, an affiliate of Standard Oil
Co. (New Jersey), said that *the
company had followed the practice
of retaining a substantial part of earnings each
year for investment
in fixed assets mainly in the form of leases,
producing wells, national
gasoline plants, refineries, service stations and other physical equip¬
Counsel.
1940,
has
Hazlett,,»Vice-President-Sales, on April 30 announced
contribution to (he effort to halt the spiral of inflation,
that
this
Ross, a member of the Legal Department
appointed Assistant General Counsel.
T.
J.
since
,
ment.
Reduces Prices—
its
preparing to make price reductions on a number^
its products which will effect a saving to its customers of $3,500,000
corporation
'
.■
J.
A.
as
This
practice of reinvestment had brought about the large difference
fixed assets and capital stock that made it
desirable to amend the charter, he said.
The change in capital stock
basis.—V.
annual
an
on
is
167,
p.
2031.
between net investment in
does
not
number
Mr.
Wiess
*
has
been
elected
Baker has been
the company
authorized,
and
Manager
■.
which
of
remains
exploration,
7
elected
Chairman
President.
Mr.
at
3 Months Ended March 21—
and
167,
p.
1694.
•
the
/
as
'
board
had
Executive
-
and
served
as
Hines
Federal
Vice-President
Offering—Stifel,
to selling stockholders.—V. 166,
p.
for the
2V4%
New
York
equipment trust certificates, series Y.—V.
registrar
167, p.
2030.
Insurance
'?
John A.
new
'
Co. of North America—New Directors—
Diemand, President, on May IT announced election of three
members
of
the board
of directors.
They are: Charles S.
Che'^on,
$2,288,000
share
i*——
♦$3,236,000
4,563,800
4,750,000
$0.50
Nil
_
.
;'
'""
F.
and resulted temporarily
abnormally low production in February and March.
Kaiser also pointed out that,
in line with the
Mr.
conservative
accounting
policy, Kaiser-Frazer has
operations items of expense
have been deferred.
>
Current retaiL sales of automobiles are the
off
to
current
tion's, .history,
duction
able
to
Herbert
day
and
Ludwig C. Lewis, Vice-President of;rthe company, land
Stellwagem Executive Vice-President"1 o'#-1-the indarrrtiity
Insurance Co. of North America, a subsidiary.—V. 167, p. 2030.
;*_„
•
earnings for
of Philadelphia;
P.
379,000
through with their financing agreements,
in
appointed
—
*
♦3,236,000
3.667,000
*_*
—I——
taxes..
Kaiser, Vice-President and General Manager, stated that
the quarter ending March 31, 1948, reflect the ^re¬
scheduling of production to a one-shift basis.
This new scheduling
was
necessary, largely, because of the failure of the underwriters to
54.
has been
per
Edgar
the
go
of
_
♦Loss.
•
Illinois Central RR.—Registrar—
Co.
profit
Earned
"
Guaranty Trust
taxes.*—*****
income
Y-
$79,095,000 $27,250,000
—
of common shares*.—
No.
'
Nicolaus & Co., St. Louis, on May 4 offered 1,500 shares
of common stock (par $5) at $34V2 per share.
Proceeds
go
Net
:
'
Huitig Sash & Door Co.—Secondary
before
Net
H.
President
1947
1948
-
.
sales
Gross
:
:
of
Weiss
since 1937 and Mr. Baker
1945.—V.
since
shares
Jr., Manager of production, have been added to the board
directors.
of
of
Davis, Chief Geologist
Subs.)—Earnings—
Kaiser-Frazer Corp. (&
Y
par value.
no
Morgan J.
'
the
affect
18,000,000 of
available
the day or night.
the company
authorizec
Sons, Inc.—Private Financing—The
from
Johnson Foods,
form
week, as pressing need for the company's
arise at any time of
carrying out of its field
bad
a
the
shares,
outstanding.
purposes
and objects
also ratified.—V. 167, p.
.
«f contract.
increase
share
announced May 10, has borrowed $1,500,-
that
moved
Offered—Aim
shares
750
shares
$599,654
$55,839
Other deductions
contacts
standard
it
announced
been
Salle
La
31,
V531,517 V
!
751,773
:
income
Total
The
under
to
18,000,000
each
tne
was
Jacobson &
UNDERWRITING
Net
con¬
the division.
well
$0.5.
Jewel Tea Co., Inc.—President's Office Moved—
countries.
with
formed
for
*
*
of
through
voted
13
shares, to
exchange
change
to
was
Ohio
Dec.
following
working
$679,212
*v
329,329
1,:
*'■
;
$436,942
Selling and admin,
gas
broadened
offered.
are
in
The company is a manufacturer of men's
——Years Ended August 31
Mar. 14, '48
Sales,
acquired for the pro¬
by the company in its
continually
services
on
May
6,000,000
from
issued
1944
Mos. End.
C. E. Reistle
geographical
$0.38
in
or
before
or
incorporated
was
Engineering
capital
pet
'/•'
-
;
the sale of certain products procured from
others, such as bulk cement and various chemical admixtures for use
with cement, and such sales, particularly of bulk cement, now provide
a substantial
portion of its gross revenues. At present, in addition to
oil well cementing, the company offers retrievable cementer, oil well
lormation testing, oil well acidizing, dump bailer and electrical well
services..'".,,
\ '-..-.rW: ''
V;;../. y,•'
Under modern oil production methods, cementing, formation testing
and the other types of services furnished by-the company are recogsized
as
essential.
This is almost universally the case whether the
operations are in the United States or in foreign countries. The drill¬
ing of a new well may result in a dry hole or the reconditioning of
an Qld well may result in no improvement in production, but nevertheless, in the drilling of the new well and in the attempt to increase
production in the old well, one or more services of the types offered
by the company will, under standard oil production methods, be used.
f ; The
outstdg,
now
an insurance company on a
promissory note
May 1, 1958. Arrangements for the loan were made
by Goldman, Sachs & Co.
May 1,
thereafter
May
3%;
CONDENSED STATEMENT OP INCOME
also began
company
128,00,
$197,84
due
\
"(par
PURPOSE—The
-
service activities and of various tools and equipment for- sale to. others.
The
(est.)
from
000
,
additional
be
proposal
(F.)
before
or
1955,
^
stock
common
issued
practical well depth measuring device offered to the industry and made
other improvements
in cementing procedure which enabled him
to ..t
render outstanding service to the oil companies in the mid-continent
fields.
In 1924,. Mr. Halliburton proposed to a number of the leading
oil companies that the present company be formed to carry out fur¬
ther research and development and to offer for the benefit of all oil,
producers the essential service of cementing oil and gas wells.
This
resulted in
the acquisition of substantial interests in
the company,
initially by seven of the leading oil companies.
The physical assets
of Parkins Cementing, Inc. were acquired by the company in 1940.
/
:
After the formation of the company ,its activities were expanded,
producers,
stock
company,
fund, at
follows:
sinking
premium
on
1,
thereafter
BUSINESS—Company
as
STOCK-^Atithorized
CAPITAL
oil and gas wells that was owned by Perkins
Shortly after the commencement of the business,
developed a new type of cement mixer and the first
Inc.
364,864 shrs.
on
stockholders
to
corporation
paper
—61.37
of
Erie P. Halliburton, Chairman,
mid-continent
the
taxes
$138,949
share
per
shares
May 1, 1952, 3% ? thereafter and on or before May
thereafter and on or before May 1, 1957, 1 c!c\ thereafter
May 1, 1959, V2 %thereafter without premium.
net worth amounted to $22,010,268.
1919 by
State income
and
325,84;
165, p. 2926.
common
refining machinery and laboratory equipment for
paper
mills; V-belt pulleys;
and special machinery and equipment,
and hand and- automatic machinetools for many different types of
Industries...•
7.
•/"
The
special machinery business accounts for a major
portion of
the company's
sales,.Tn this partifcjjftyir field, the company has among
its customers some of the
largest;'industrial firms in this country,
for which it builds
machinery and equipment designed for specialized
operations.
Company'^ sales during the period from Sept. 1, ?1947
\to
March: 14,
1948, were- divided approximately
as follows:
Paper
mill
equipment—29% ;" V-belt i5ulley&^-9.7% j and special machinery
.
cementing
Cementing,
Mr.
started
was
Fed.
1947
$2,632,94
219,979
81,030
International Harvester Co.—Split-Up Ratified—
share
per
before
or
no
The business
1948
$2,790,741
^,**_*_**
thereafter, until maturity,
2%.;
on
AND
time, with the exception of an investment of $80,000 made
additional capital has been invested in the business other
than retained earnings and loans..'At Feb. 29, 1948, the company had
during its existence paid out; cash dividends aggregating $12,543,800
in
.♦$79,729
Co.—Quarterly Earnings-
28—
income
The
initial dividend
,
.
BUSINESS—Company was incorporated July 1, 1924
.In Delaware.
Its principal office is located in Duncan, Okla. Company
commenced business with capital stock in the amount of $308,000, and
since
for
used
be
Furniture
*
Net
before
or
July
as
0
business.- In
1947, a dividend of 25 cents per share was paid.
On
March 5, 1948, the board, of directors declared, a dividend of, $1:50
l>er share payable in installments of
37'/2 cent? per share on the
20th days of March, June, September, and December, 1948, to holders
of record on the 10th days of such months,
respectively^.;,4.
HISTORY
$195,047
488,673
♦$840,441
1152.
profit after all charges
Prov.
capital stock, par $1, payable
This was the first time in the 20
1,
Interest
and
before
HISTORY
company has operated at a
from 1925
to 1943, inclusive, it paid cash dividends on its common stock. No divi¬
dends were, paid in 1944,
1945 and 1946 because the company: con-r
sidered it necessary to reinvest air earnings for' those years in the
/
$963,279
329,380
834,392-'
.
SEC
j. •
callable
are
May
1%;
1955,
on
Y..y; 465
year'
each
t$69,261
$235,091
167, p.
*
par), to
Co. vand
of
May 5.
thereafter .and
or
1959,
and
578
.
& Co.—
DIVIDENDS—In
124,632
tlncome.—V.
International
.
1,743.1,742:
Zuckerman Smith & Co._,j;—''v.^ -441--.v• 442
.
City.
an
shares
record
trustee.
^
amount
,
.
Yarnall
10,08:
125,675
deficit.*.***
Sales
Manufacturing Co., Lancaster, Ohio—Bonds
1,
before
on
and
1.324 Y'Yyy 1,323-!'.YY'Y'Y 353
-V 1,743■? Y' ■<' 1,742
..
465
Whiting, Weeks & Stubbs
9,932
41,514
charges
Three Months Ended Feb.
167, p. 1257.
Y.YY
882
236
*
1923, name was changed to The Hermann Manufacturing Co.
Com¬
•
Y 1.742
465 YY-; pany's plant is located at
Lancaster, Ohio, and consists of a com¬
Wertheim & Co.-;—————
' ' 5,736 Y-Y'YY 1,528
pletely equipped machine, and pattern shop employing approximately
Chas. B. White & Co.——
1,324 YY-,
112
people.
1,323 ^ Y Y 353 Y ;
Cohipany has a wide reputation for the high quality
of
its products
White,-Weld & Co—
;_—Y. 5,736 V; 15,736YY-Y> 1,528 ;
which are divided into three general classifications
Y
3,221
$738,324
record
of
882
1,743
5,736
—
*$60,332
41,779
fixed
♦Deficit,
without premium.
Such debentures are also subject to
redemption through the oper¬
ation of the sinking fund at the
principal amount and accrued interest
plus a premium as follows: On or before
May 1, 1949, 4%; thereafter
-
117
.
holders
to
14
Sept. 15, 1947.—V.
.
May
,
H.
19,397
♦$827,672
deductions...**..
Net
the company was reorganized that it has paid a dividend.—
4% ;
and
824
•
,
June
.
Securities Corp
.*_*
5,736 Y-Y
5,736
1,528
5 ;
Vietor, Common, Dann & Co.—— ( • ? 441
442
y
117,.,
Walker,-Austin & Waggener*.** Y 2,161' fy >' "*;!£' 2,161 Tl U- Y'■ 578
Walston, Hoffman & Goodwin—
Watling, Lerchen & Co
12,769
$114,028
■3,253
;*_*—
income
Total
/
3
outstanding
(Ohio)
<
or
1952,
v
YY:' YY 236
2,161 Y;
1,324
On
■};}/'■
465
•.
3,088
:
•
on
May 5 declared
on
otherwise
part,
•;
Union
G.
9,760
*♦$190,091
income
$1.07
quarterly dividend of 40 cents per
a
Co., Kansas
working capital.
.
Debentures
year.
465
442
2,161 YY
177,652
$3.51
•
353
3,088
207,290
Columbus, O. on May 3 offered
$250,000 12-year 5% sinking fund secured debentures at
par.:;;' •: • V.f.V:
■■
/.■■■■•''
•
•
■
1
1,528
1
441
-
-
par.
Hermann
824
882
—-—;
Trask & Co—«**—**-'
Tucker,' Anthony & Co.—
Underwood, Neuhaus & Co.**..—
Spencer
$104,268
„
Misc.
Offered—The Ohio Co.,
1,323
.1,742
1,743 Y:
882 ,YYY;Y!'
—
r
5,736
«•
-
293,000
1948
140, p. 146.
Y 442.YYYY 117 YYY principal
441 Y'Y-y
5,736
Corp.
Other
$235,521
filed a letter of notification with
series prior preferred stock ($100
Underwriters are George K. Baum &
of
and
20,000
years since
r 353
1,323
*(,
—
Securities
the
V.
117
'
-
1,742
1,324
*
Y/Y: ''
5,736
1,743.
.
♦$193,577
\ ' 3,486
$340,257
346,306
4,487,001
>
465
1,323 ;
■
5,736
Co
Blosser———'1,324
&
&
442
at
funds
236
"
3,088
1,324
—
Webster
&
Stroud
Sutro
&
Frank &
Stone &
Straus
441
Co
&
Staats
Bros.
Stern,
882
1,324
Co.——
117
117
3,088
&
$746,337
payable
disbursed
May
on
May 7 to holders of
353
1,742
Co.——*YY-L
and
Agnew
158,109
85,225,325
facil¬
joint
rents—
197,000
Henry Clay Hotel Co., Louisville, Ky.—Initial Div.—
353
?
.,442
332
Co.
Shuman,
$432,521
•
37 Vz cents per share paid each quarter
including March 15, 1948.
In addition, an
to and
was
shares
oifered
on
-■'■■\
,
_,
580,000
with
compares
1947
The directors
236
1,323
,
1,743
***„—1.
$1,326,337
485,100
stock,
common
14,
company
general
578
"
442
441
Pomeroy,
Co.*
&
Scott
Shields
1,^324
—
Schwabacher
103,528
$5,511,477
5,171,220
1,495,051
1946
824
...
1,323
441
'A
1947
$1,076,696
(est.)
Prescott-Wright-Snider
>
578
882
Newsom———*
Schneider, Bernet & Hickman
"
'
2,161
2,161
1,324
Co
Sanders
3,088
>'Y" Y
2,161
Rupe & Son
$365,905
113,914
299,788
accruals.
and
ity
1948
income..
on
May 7 declared
on
This
2,980
be
465
2,161
Co.——
for
824
1,742
3,088
Moreland.—'.*
Winston
1,323
3,088
1,743
&
Co.—Earnings—
Harzfeld's, Inc., Kansas City, Mo.—Files With SEC—
'353 "
1,324
3,088
the
on
28.
The
117
578
—
Sons
and
578
442
2,161
*—.'
&
Mosle
2,161
441
2,161
>
Rothschild
353
2,161
share
May
*——
—
Co
1,323
The directors
Inc.—
Gardner
&
Riter
,
1,324
—
$1,860,956
$220,125
.
from- ry.
revenue
tax
1948—3 Mos.—1947
,
$1,893,077
1,677,052
operations
Ry.
$2.02
of 50 cents
Raggio, Reed & Co..
Rauscher, Pierce & Co.
$20,-
of
excess
Dividend Rate Increased—
?
3,088
*—•
in
aggregate
Net
-
share
Webber, Jackson & Curtis
Phillips Investment Co.,.
Inc.
provides
resources
shares*;.—
common
per
353
R.
Capital
Research
Co.
of
investment management for
$591,596
236
J.
ML—Earnings—
1948—Month—1947
Ry. operating revenuesRy. operating expenses.
the
profit
882
Paine,
made a
Total
1,323
___
of
also
5'
117
1,742
.*
882
taxes
income
1,324
—
Co._
firm
1044.
p.
.
taxes on
1,323
1
1,743
Co.
Pacific
which
combined
before Fed.
,353
441
Co.—*
Pacific
Vice-presiaent
Calif.,
Indiana Harbor Belt
Period End. Mar. 31—
;
been elected a director, and
Chairman of the Finance Committee,
and
Com¬
.
6 Months Ended March 31—
1,323
3,088
—*
Co
&
Finance
of
(2133)
353
1,324
—
Moseley & Co
Corp.—Chairman
•
Harshaw Chemical
465
442
—
S.
('
FINANCIAL. CHRONICLE
Equip,
1,743
Tully & Co
,
1,324
Moore, Leonard & Lynch-*1,324
Morcney, Beissner & Co
—1,324
Newburger
■
whose
000.000.—V.
117
1,743
trusts
two
•
&
Schimpff has
Lop. Angeles,
824
•
■'
Schnnpff .is
1,742
_—
Mitchum.
P.
Mr.
236
442
H.
Vice-President
441
Co.—___
Milwaukee
1528
.
1,742'
Co
1528
3,088
441
Laurence M. Marks & Co.
E.
5,736
.
824
5,736
"
5,736
Plywood
■.
Charles
1,523
3,088
,
Harbor
mittee—
Refining Co.
5,736
3,083
Carl M. Loeb, Rhoades & Co.,
Lynch, Allen & Co._;__
;
A.
Halliburton
COMMERCIAL
for
the
Mr.
Kaiser
cafe
six-day
second
and even
.
highest in the corpora¬
with the increased /pro¬
recently ;atlritiunced the corporation will not be
the ciifr&it backlog of orders.
The nine-hour
week should double the corporation's earnings
quarter, Mr. Kaiser stated.—V. 167, p. 1923.
schedules
take
•
reported,
corporation 5
continued to charge
might otherwise
which
..
of
work
COMMERCIAL
THE
(2134)
e
FINANCIAL CHRONICLE
&
Kansas Gas & Electric Co.—Common Stock Offered—
-
Authorized
headed by Union Securities
Corp. on May 12 offered 150,000 shares of common stock
(no par) at $26 per share.
The offering does not repre¬
sent new financing by the company,' The shares are be¬
ing sold by American Power & Light Co. which present¬
ly owns all of the 600,000 common shares of company,
outstanding.
The remaining 450,000 shares, under a
plan /filed by American Power & Light Co. with the
SEC on April 8, 1948, would be distributed to stockhold¬
ers of American Power & Light.
# '
:;/
>
An
underwriting
193
Transfer
and
in
first
Agents,
Guaranty
Bank
group
Trust
Bank In Wichita,
National
of
Co,
Wichita, and
York.
New
Registrar and
Oct.
due
A,
series
1975———
($20
cumulative
:
EARNING3
SUMMARY
1921.
months
of
1948
Is
follows:
as
Amount
Paid
„*.)
1938
Share
$720,000
'
1941
Jan.
stock
common
1,
at
the
1948,
payable
'1948
0.85
0.82'/2
780,000
1.30
960,000
/
-
■
14,
declared
directors
to stockholders of
dividend
a
•
34,323
41,769
43,189
'
^
$780,519 ■'
215,977
279.498
8414,732
of
$0.20
$600,155
income
The dividend
its
requirement for
one
year
The
The
of
250,186
of 5%
acreage
the Malla- 1
in that area, Mr,
/
1
<
awarded
on
bid
a
of
proposed
a
not
issue of
$9,480,000
principal amount of
than 80#
more
660-h
of
these
j
of
99.2699.
Other
.
Electric
the first in¬
are
certificates, series K. '
will
be
issued
to
the
total cost, estimated at $11,350,000,
switching locomotives; 16 1,000-h. p..
locomotives and
60
double-deck
passenger
switching
cars.—V.
totaled
trust
certificates
Diesel-electric
p.
167,
2031.
p.
output
this
of
36,775,000
as
the
week
with
compared
corresponding week last year, an
/
(Ky.)—Weekly Output—-
for
company
kwh.
!;
-
Louisville Gas & Electric Co.
BUSINESS AND HISTORY—Company is a public utility engaged prin¬
ended
32,778,000
May
kwh.
1943,#
8,
for
the
increase of 12.2#,—V. 167, p, 2031.
transmitting, distributing and selling electric
energy in 13 counties in Northern Wisconsin and in two counties in
the upper peninsula of Michigan.
Lukens Steel Co.—New Appointment—•
It also sells liquid petroleum gas in
the City of Ashland,' Wis.
'•' r:':'';V'\
*
L/ P.
McAllister has been appointed Manager ox steel
plants of *
\r In 1947, the company derived approximately 98.03# of its operating;;,
# this company. He has been Assistant General Manager "of steel plants
cipally
.
producing well in
certificates, issued under the Philadelphia plan,
22
\ertible second
Mav 10,
13th
additional
RR.—Equipment Trusts Offered—Harri-
was
aggregate
motor
$399,160;
the 30,000 shares
on
holds
1923.
p.
were: Halsey, Stuart & Co.
Inc., jV
2%s; Salomon Bros. & Hutzler, 99.183 for 2%s;
Harris, Hall & Co. (Inc.) 99.61 for 2%s.
;
f;
stallment
-
$649,346
547,240
issue
finance
preferred stock now outstanding and on the 52,800 shares of 5% conpreferifed stock proposed to be issued will be $202,800.
28,
share
per
The
and
:,
$606,118'
43,228;
$961,972'
$564,542
$879,653
company's
Lion
167,
Island
Diesel-electric
1948, and a divi¬
dend of $0.20 per share payable June 30, to holders of record June 10,
1948.
It is the present intention of the company hereafter to declare
dividends quarterly on the common
stock.
•
record
& other
Net
vf
company
has declared dividends on
rate of $1.60 per share per annum.
On April
the
of
$918,783
deductions
income
Gross
Int.
0.40
;"VyV
'
$738,750
(net)—
income
and
99.225 for
1.60
240,000
(3 mos.)
1947, 'the
board
May
'
Other
a
bids received at the sale
194.4
$2,744,944
,
2,138,826
$2,839,983
1,921,200
$845,330
Net operating income-
at
■■
0.63
495.000
__
1947
1.25
510,000
Since
lr4G
1.00
750,000
1943
Share
r4i
1.20
600.000
:
1942
Rate Per
1*44378,000
1.07
720,000
a,
Amount
Paid
$1.20
642.000
1940
'
formation
Ripley & Co., Inc. and Lehman Brothers won the
May 11 of $4,035,000 2%% equipment trust certi¬
K, due $269,000 annually May 1, 1949-1963,
inclusive, and reoffered them, subject to ICC authoriza¬
tion, at prices to yield 1.50% to 2.90%, according to ma-;
turity. "
v.
:*'#l,#*-\;'
;!•
1945
$3,041,094
2,302,344
Operating revenues$3,558,683Oper. exps. & taxes
2,713.353
v-.
-
...
Rate Per
'
1946'
each
Lime
man
"
YEARS
CALENDAR
FOR
Viola
ficates series
June 1, 1943, payable over nine-year period $66,666 r
tAddttional first mortgage bonds may be issued under!
time to time in any number of different series,,
as the board of directors may
determine, subject to the conditions and,:
restrictions contained in the indenture.
;r:;';„ r;
'
the
award
" 132,000 shs.
from
indenture
York,
RECORD—Company has paid dividends on its common
year from 1910 to date, with the exception of the year
Its dividend record during the last ten years and for the first
three
1'
;52,800 shs.
v
the
is
added.—V.
Long
236,750 shs.
.
well
date
to
from
The company hold approximately
2.000 acres
of this new well, Mr. Martin pointed out.
well flowed 42 barrels per hour through a small
area
30,000 shs.
1
dated
be
"To
the
This
Martin
,
100,000 shs.
par-)^
DIVIDEND
in
:
•
;
semi-annually.
•
stock
45,000 shs.
■'
"
.
production
teet.
the
In
The Mallalieu Field
,
choke.
;
with
£,179
of
lease
lieu Field
par)-.^---—pfd. stock—
($20
stock
$5,572,000
1,200,000
••
second
convertible
5%
hour,
an
ciepth
under
($100 par)
(■' 5Vc preferred stock——vr,'
Conveitible
feecond
preferred
stock,
-
Common
oil
Outstanding
3
$10,000,000
unsecured-—1,200,000
1,
notes,
Capital Stock—
Preferred stock, cumulative
Kans.,
National
Fourth
New
bonds,
mortgage
"Serial
Wichita,
Registrars,
Transfer Co.,
(First
Monday, May 17, 1948
PRESENT FINANCING
EFFECT TO
CAPITALIZATION GIVING
generating,
in
.
CONSTRUCTION
PROGRAM—Company
that
contemplates
the
if
growth of
demand for its service continues, Its,
construction program for the years 1948 to 1950 inc1usive may require
aggregate expenditures of approximately $14,350,000 (including $740,000
expended in 1947).
v.'' //V'#-'/:
1 rj;#####/•###'
present
The
of
rate
estimates
increased
based
are
before
current
on
the
of
comp'etion
prices.
Such
company's
estimates
construction
'
*
-
-
CAPITAL
'/■# v1;#/
corporated
'
1
and
/
yV AuthorizedOutstanding
communities
the
in
adjacent
intervening
and
Nelson
bonds, 33/«#> series due 1970
bonds, 3V»% series due 1978
preferred stock ($100 par)_
mtge.
1st
mtge.
7%
cum.
6%
preferred stock (no par)---stock (no. par)_,^j—600,000 shs.
cum.
Common
HISTORY
AND
Virginia Dec.
of
Kansas
1980.
Missouri. '
Company
American
The
has
Power
&
Its
corporate
subsidiaries,
no
Light Co.
and of
existence extends to July
itself is a subsidiary
Electric Bond
Milwaukee
Gardner F.
The
13
13
Co.—-
Curtis
Loewi
such
:
Best &
10
—
"
Co.
and Share Co.
—V.
167, p.
several
underwriters
and
the
respective number of shares to be purchased by them are as follows:
3
Co.
\
i
.
Vv
Shares
:!
Hnlon
Securities
Corp
Hornblower
W. E.
&
Hutton
W. C,
:
Weeks—-&
7.000
Co.—
F.
S.
E.
H.
Rol'ins
&
Sons
7.000
7,000
C.
Inc..
-
5,000
4.000
4.000
7.000
Inc.
5,000
5.000
: Beecroft,
5,000
H.
Harris.
(Inc.)
5.000
Mason-Hagan,
—
5,000
Pacific
G.
Becker
H.
Hall
&
&
5,000
Co.' Inc.;—
&
Davis &
Reynolds
Co.~~
Co.
Co
Hayden# Stone &
V. 167,
f 2031.
'
Co.—
4,500
F.
&
March
on
net
31*
assets
1948
ten
2.000
to
amounted
(par $2.50")
$4.875'per share.
J; Robert KelWy,
acquisition by
the
and
the
the
are
Keystone
Keystone High Grade
Total
net
assets
of
the
2,000
Funds
at
market
$167,900,000,
■
values
an
High
in-,
Total
■
assets
31,
of
1948,
the
■
Series
from
•
.%
•
second
••'
President.
preferred
on May 3, the Wisconsin Co.
and assocaites offered the
32,834 unsubscribed shares at
$20.75.. /
• /#.;*
>'...*
..v.*V.#:-.'vv
■ #■
.
Cumulative
.
dividends" payable
_Dec. 1 at rate of 5%
privilege dividend
Wisconsin
law.
$*1.25
1,
per
1949,
conversion
per
tax
share
anl
per share until
that price, in each
Convertible into
quarterly
annum,
which
Redeemable
cents
•with
on
case
rights
subject
company
"in whole
1,
to
is
June
! #i
It
company
deduction
required
in
or
part
to
on
Sept.
of
1
Wis¬
withhold
30
days'
and
including May 31. 1949, reducing
subsequent June 1 at the rate of five
price of $20.75 is reached, and thereafter
plus dividends.
stock
subject
estimates
expansion program for
lor the
years
1950,
of
the
amortization
and
7S»T<3»ues
transaction
was
held
will
be- used
■"
Airex
; the
:*■,
also
filters and pneumatic pressurizing valves for / V!
aircraft industry. " Manning/Maxwell & Moore
plans > to. develop, V, !
industrial
applications for Airex Hydraulic Products.—V. ,165,
540,,;';;#^ #!-.
Marion
#;##
Power
'•v/ #'
'
^
Shovel. Co.—7%
' #
t
Preferred
Urged to Deposit ^Shares—*
#*?
#
Holders
:
Holders of the 7% preferred/ stock
were urged by Elmer. G. Diefenletter released May 11, to deposit
bach, Chairman of the board, in a
their shares immediately.
He"'pointed out thai, the exchange offer
in the recapitalization plan
expires at 3 p.m. (EDST), June 1. next.
.
/
.the,
at
to
#
The
t
the
directors declared
# ferred
board's
stock,
Diefenbach
Terms of the transactions were.not disclosed.
,!;*/# .!:!<•,.•/
announced that the ..transaction involving "Rayve Shampoo";!
two other Rayve products, "Rayve Creme Hair Dressing",
was
involved
and
"Rayve
v
($20 par)
to
on
a
1951
that
share basis,
the years
and
1952
remaining
1948
will
and
be
Lever
as
Dressing.",
Lever
through its Pedsodent
products
'
*
payable
dividend of
a
July
emphasized
1
to
$1.75
share
a
bf -record
holders
that' 7#
preferred
the
on
pre-#
7#
June
shareholders
who
1949
and
for
'
required
for
froin
the
the
for
the
program
operating
depreciation and
division.—V.
167;
Lion Oil Co.—To Expand Chemical
The
will
company
chemical plant
increase
the
anhydrous
;
capacity
y
i
its
of
at El Dorado, Ark.,* by 32.6 ,V through the inaugu¬
$3,500,000 construction program. Col. T. II. Barton, Chair**
on April 30# 'The new construction
will be tied in
present operations) .and will increase
the anhydrous
am#
ration of
a
man,
announced
with
the
board,
provides
also
for' the
day,
per
construction
of
lie said.
some
The
4,000
new
tons
of
pressure storage for ammonia
necessitated by the increased volume
to be bandied.
Actual construction-is expected tc start in June/ 1948,'
with
completion
The
3949.
tons
of
the
of
B.
the
entire
company's chemical
synthetic
nitrogen*'per
Rogerson,
pointed
Manager
formerly
project
M.
Carney
has
been
Refinery
County,;
11,
extended
to
to
company
Barber
relinquished
assumed
of
Chairman
the
the
the
title ui
executive
position
of
Honorary
the
has
.become
Howard
Chairman
Mahrt,
who
has
J.
O.
Mason,
Executive
Vice-President
iv,
charge of
been
president) Geoxge
Treasurer
Robinson;
Treasurer—V.
sistant
166,
p.
of
of
tha"
has*
and
committee.
President,
Whitaker,
*
Chairman
Ferguson, President; cf the corporatiop,., has
position of Chairman of the board.
C. R. Van
has
Kansas,
Mallalieu
the
been
de
elected'
companv,
has
Jr..
Carr.
Vice-President
operations
.
become
Al
anc#
• H#
Vice#
asr'..Purpuis#:;a:^.;>#''■
2105.
Superintendent,
He
will
plant
has
been
ap¬
jurisdiction
assume
over
operation
at
from
to
in
T. r M.
.
Refinery Super¬
'succeed;Mr.
Rogerson;
Martin,
of
""r.**■:
Degeer
President,
revealed
Lincoln
well
well,
that
No.
1,. in
announced
the
company
on
has
County, Miss., one-half mile
Lion Grenn Nq. 1.
: V
tested to flow 29 barrels of
was
Loan—The
company-
Insurance Co. and
\
/
3% promissory notes due March; 1963. /The notes#
prepaid $250,000 annually beginning March 1,
were made by Gold~
Arrangements for the loan
1951.
man,
Massachusetts Mutual Life Insurance
Sachs & Co.
1
v#
Secondary Offering—A. G. Becker & Co. on April 29
/Assistant
wildcat
Co.—Private
Dorado,
■".'//■v; ; ■;
#■
a
Mr:* Martin
County discovery
El
&
has borrowed $5,000,0C0 from John Hancock Mutual Life
to be
with the completion of the
Barber
Johnson
on
promoted
Field
Mead
Co.
chemical
brought
V".
are
Superintendent
Simultaneously,
the
the south
The
has
Sydney
plant has been producing over 125.000
,# * ■
!' ;
•': - -'
Brings, in Wildcat Well—
The
May
the
year,
Relinery
and
scheduled, for
;;*1
intendent
v
has
and
!: become
spring 'Of
of Manufacturing.
refinery
company's
W.
Mead
-
capacity from 430 tons to 570 tons
project
H.
Geo.
to
Facilities—"/-•
ammonia
Personnel—'
^ \ (The) Mead Corp.—Changes in
.#/*
market #
also
"
"
Ark.
funds
will
Brothers
'
>
•
obtained
company
through provisions
the retention of .earnings.
Hair
1153.
J.
share for
two
Caress
'
.*
adjustment.
the
these
p.
monia
1,
each
the
common
to
March
PURPOSE—The proceeds from the sale of the
5^ convertible second
preferred svock, together with the proceeds of
$1,200,000 serial notes
(proposed to be issued in June, 1943) and a
portion of the cash on
hand will be applied to the cost of
additions, extensions and improve-*
ment3 to the properties of the
company.
The
on-
,
'■
■>
ing expiration of the rights
June
'
April
28 announced,
the-Hvdraulics
Division
of
bf
.
stock offered for
subscription at $20.75 per share on the
one new share for each
2y2 shares held. Follow¬
at
Vice-President,'
corporation
-
basis of
on
this
-
—
at
Moore, Inc.—Acquisition—
Executive
,
Lake Superior District Power Co.
Stock Subscrip¬
tions—The stockholders subscribed for
19,966 shares out
of the 52,800 shares of
5% convertible
notice,
-
21.
deposit,
p. 1810.
their stock will received the dividend on
July 1, making if clear that"
deposit of the stock will not deprive any holders of the dividend.
t
Lehigh Valley RR.t—Bond ExtensionrIn his letter, Mr.
Diefenbach" announced that net working'capital
/ The ICC on May 3 authorized the
of the company as of March 31 amounted to
company to extend Irom. June 1,'
approximately $6,389,000#
1948, to June 1, 1950, the date of maturity of not. exceeding $5,000,000 # but added,, fit is absolutely essential that this
working capital be ! /;#:
retained to carry on the company's present volume of business now"
pt first mpi'tgage .bonds. ,,
/,r ,
On April 13,
funning" at an annual rate* in excess of $25)000,000.
1948, the company advised - the holders of the -first
We cannot use
mortgage bonds that arrangements have been made for. the purchase; > this working capital to pay off dividend arrearages."
1
/ f
'
of the bonds by the Consolidated-Real Estate Co., its
subsidiary', and
| Mr. Diefenbach, declared that earnings in ..the .first quarter, after*
that they may on and after April 15, 1948. surrender their bonds to
# giving effect to the- completed plan "of recapitalization with 100/$#
such subsidiary in' care of
the Marine Midland Trust Co. of New"
)v deposits of the 7# preferred stock, are equivalent to $L39 a share of)/?///--;1
York for purchase at their principal amount ana accrued interest to
common
stock.
Such earnings are after, making provision for divi--;
June 1,1548.
The company then proposes to extend the maturity ofdends on the new preferred stocks
'
.
„
all
the bonds so purchased, as well as? those, presently., held by
the
-Under the offer- of exchange; the present 7#
preferred shareholder
subsidiaryfor a period of two years to June-1, 1950.—V. 167, p. 2031,
receives
four
shares
of
5%
preferred
($25 par value—callable at
;,! $27.50 a share), four shares of $1.25 convertible preferred ($26 par#/#;/
Lever Brothers Co.—Buys Two Add'l Products— # " -.*
value—callable at $26 per share);
plus $8 in cash ior each share '1
Charles Luckman, President, on May 4 'announced that;* this com¬
"\:;bf ^^//preferretl,deposited,"-W*/<167,;p/ X5G9. y*. v/*.» ■' '■?«» /.
#;
pany had acquired two new products,
"Rayve Creme Shampoo" and
"Hedy Wave Permanent,"...and will shortly market them as Lever
I Mathieson Chemical Corp.—To Increase Loans—
products.
These products will be manufactured and merchandised by
The credit agreement dated Dec. 27, 1946, has
the Pepsodent division of Lever Bros. Co/,!;
been amended to
;/*-/##:'##■: ## ##*,!j~:!!!,v! ;*•»:/
The new businesses,
provide for the conversion on .March 15 of $5,500,000 short-term
•
with their trade-marks and good will, were
,! notes to term notes and for additional borrowing on term notes up ,!
acquired from William R. Warner & Co., Inc., New York; City, manu¬
to $4,500,000 to Dec. 31.—V. 167, p. 2032.
facturers of pharmaceuticals and toiletries, tof which Elmer Bobst is
v
„
also
consin
■WH
-
net
P*.203l«
under
Working Co,—Transfer Agent—
.
"B4"
"SI" Fund increased to
$3,278,162
$3,229,289 on Sept, 30- 1947.
The number
of shares outstanding advanced to
128.949 from 126.581 during this
period.
Net asset value per share was $25.42 on
March 31,
which
compares with $25.51 last* Nov. 30.
The number of certificate
holders
gained to 1,598 from 1,553 during the six months'
period.—V. 167;
and
•
.
31,
March
on
H.
#
Fund increased to $19,824,886
1948 fron^ $19,275,277 at the close of the previous fiscal
year on Sept, 30, 1947.
The number of shares outstanding increased
to 2,222,217
cqmpared
with 2,168,080 at the beginning of the sixmonth period and net asset vialue
per share on March 31
was
$8.92
against $8.89 at the close of September, 1947.' There).were
12,914
Adders of the Fund's
certificates at the close of. the semi-annual
period compared with 12,578 six months earlier.
./,/;;
-.r
March
on
><
James
,
Return Bond Fund Series "B4"
Stock Fund Series "SI."
]'.£/':>
Common
Series
this
It
Is company's
intention to notify stockholders of
action in the next interim' report to stockholders.—V. 167,
April
of
other hydraulic valves,
.
26; 1948. >'Proceeds
<
h
reduce bank
—_
par)#/
($25
:30,000 shares of toommon/
individuals at a net price of
four
of
closing
'company
loans.-
consist
to
.
Stock to Individuals-^-,
2.000
reporting
time
o/
group
a
The
the
And
Manufacturing Co., located in Long Island City/ N. Y. J The
hydraulics: business will: be*^ mov^d-ta The Jersey City, N. J,#
# plant of Manning, Maxwell .& Moore.f
/ The
Hydraulics products consist of the Airex relief valves and
/
sale !of
2.000
of nearly $10,000,000 from
the total of $158,000,000 at the
close of February of this year, it is shown by the semi-annual
reports
of two of the Funds made
public on May A,
The Funds
this
to
the
Co,—..
of
...
...
Aire*
fi;
<
"
r
Co., Inc.
crease
at
/
office
Blosser
approximately
have authorized
<
Committee
,
Le Koi Co., Milwaukee-—Sells
The directors
stock
2.000
f
Keystone
5
^
•
"
Finance
,
the
will; be .used Jor
2.000
&
;
the
of
Proceeds
An offering of 7,060 shares is expected to be made;
Childs, Jeffries & Thorndike and Aetna Securities Corp/! Purpose,;
of financing is for expansion °f this New York variety. (5c and 10c)
slore chain.—V. 167, p. 2031.
3,000
Keystone Custodian Funds, Inc.—Assets Increased—
Combined
,
the
Manning, Maxwell &
preferred stock.*
2.500
Co
&
Northwest
Straus
"
Cole
Boynton
•
^
.
Bank. of New York'and Fifth Avenue Bank, New York, N. Y., has
been appointed transfer agent
Jn, New York for an issue of 1;400,000
shares of $5 par value capital stock.
See offering in V. 167;: P. 1923,*
^
CM. H.) Lamston, Inc.—Proposed Financing—
Stockholders have approved an increase in the Authorized
Co.#'>/// /##
!_____2^*^———3.000
Co.——
A.
Paul
&
*
'
Assistant
-
r
by
3,000
•
will preside at board meetings atJr., President and Chairman of the
McGraw,
Wis.—Files
'■■•
_
Ranson-Davidson
Johnston, Lemon & Co.—
Eichler
:
4,000
'3,000
./ Stifel, Nicolaus & Co., Inc.
E'stes, Snvder & Co., Inc.
Barret, Fitch & Co., Inc;
Bateman,
-He
Vice-*
made**
elected
executive and finance committee has been established,5
as
M and M Wood
S$k£f. ##
'
& Co., Milwaukee.'
167, p. 16dS§. #'
^■ ■%'
Loewi
; A combined
to be known
*
2
M/
working capital.—V,
■:#:!;' f #
V;..
V
4,000
-
The
board.
a
has- been
been
Treasurer,
■
McKee & Jaeckels Inc
Laboratories,-Inc.,. Milwaukee,
Underwriter,
4,000
Mackubin, Legg & Co.—
'/ The Ohio Company-.
7,000
Brothers & Co.-_T_.
Allyn and Co.. Inc.—
Stern
,
the
and
Jr., Curtis W. McGraw, D.. C. McGraw, Henry G. Lord, *'
Chevalier, Curtis G. Benjamin, Eugene S. Duffield. and Paul
Montgomery, with J, A. Gerardi as Secretary.—V.( 167, p. 1366.
f-'
for
Shares
Newhard, Cook &' CO—,..
William R. Staats Co. 4-#.
;
7,000
Langley & Co
Moseley & Co.——
A;
-
10,000
—
Advertising/ has
Willard
The company on May 7 filed a letter of notification with the SEC,
1,000 shares ($1 pari common stock, to be offered at $6.50 each;#
(;
No. of,
.*,'o
■;
# Boeticher and Co._A,.-<
*
'ifAlex! Brown'St Sonsi/-i_w;.
#; Central Reptiblic Co. (Inc.)
12,000
fitone & Webster Securities
Corp.
!.#v
of
James H.
as
McGraw,
,
*
1923. v
Lakeside
;
'
V"'VNo. of
of
Secretary and Counsel.
;; ;r!
3
,
Thomas .Hundley—v_:—.2
,
th*
&
.
With SEC—
of
Dalton
Marshall.Co—1
Harley; Haydon & Co.,
f-,,
''
*
*
•
in 1925.
names
times
Director
McGraw; Vice-President
is not able to. be present; .*
Willard Chevalier has becotne Senior Vice-President, and
2#';#
Gillespie & Wouters—.—.?i 2
.
5W
5
►n
Bingham, Sheldon & Co,
Braun, Monroe and Co.—
company
UNDERWRITERS—The
,
board,
Aim &
:
13
—
.
&
A. C.
is principally engaged in the generation, purchase,
transmission, distribution, and sale of electric power and ; energy.!#
Company disposed of all of its former holdings of gas properties
•
W.
Vice-chairman
t! Riley Si" Co.''
Paine, Webber,: Jackson &
1,
of
but
17
A, G. Becker & Co, Inc.;-
The
BUSINESS—Company
was
incorporated
in
West
1909, and is qualified to do business in the States
11,
and
,,
names
The Wisconsin Co
■';#'##/•#■■'■'#!#■.(#: (■'*'(&
v.-/>;;/
^
/'# !>'
'
.
shares
stock.
1,048.
p.
.
600,000 shs.;
as
to authorization,'but limited by property; earnings
provisions of the mortgage and deed of trust,
tlncludes
of reacquired Stock,
tlncludes 1,766' shares of reacquired
other
167,
of the4 several underwriters and the;: /;to#the;Bresident/;v#!;#;;#';v#/##(:;*
'^i^r
Eugene S. Duffield has been made Executive Ass'stant to the Presi- ■
respective percentages of the shares of convertible preferred stock;;!
dent, for publications.
Mr.-? Duffield will
assume
offered
to, but not subscribed for by, the holders of : subscription;
responsibility- for'
all publication operations.
warrants to be purchased by each, are as follows:
''v.v ;>
N, .0, " Wynkoop will continue as Controller and J. A. Gerardi as
Percentage
^Percentage
; UNDERWRITERS—The
"Unlimited
.
and
3.882
\
"Unlimited '. $16,000,000
"Unlimited5,000.000
100.000 shs.
; t66,500 shs..
100,000 shs.
115,511 shs.
t
1947.—V.
Bond,
Curtis
,
1st
April,
McGraw-Hill Publishing Co., Inc.—Promotions—
rural
areas in 88 towns and
townships, and sold electric energy at whole-) !
sale to the City of Medford, Wis,, and the City of Wakefield, Mich#
At the same date, the company supplied liquid petroleum gas at retail,
to
1,562 customers in the City of Ashland, Wis.
During 1947, the,
company generated approximately 95.42#. of Its electric, energy require¬
ments in Its own generating stations and purchased the -remainder of *;
$uch requirements from »ott-atfiliated companies,
.
•
r
SECURITIES
since
.
program
.-because: of possible rising costs of, equipment and labor.
J
$3,558,683 from the sale of electricity and 1.97#
from*
the sale of gas.
At Dec. 31, 1947; the company supplied electric!
service at retail to 23,967 customers in 64 cities, villages and unin¬
be
may
of
revenues
secondary offering of 20,000 shares of com¬
(par $1) at $20V2 per share.—V. 166, p. 1152.
completed
a
stock
mon
Merchants' National Properties, Inc.—Partial Redemp't
The
corporation has called for redemption on June 1,
monies. $23,000 of debentures due June 1,
sinking fund
fied!,, at
Bank
—V.
&
100
Trust
165,
p.
of
next,
out
1958
(modi¬
Chemical
Co., corporate trustee, 165 Broadway, New York, N. Y.
and
2417.
interest.
Payment
will
be
made
at
the
•
Volume 167 ? Number 4699
THE* COMMERCIAL'
FINANCIAL
CHRONICLE
7
'
.
.
Merrltt-Chapman & Scott Corp.—Stock Redemption—
-The
■
-
will
be
ȣ100
by
New
taken
n
lot
at
biu'/f
par
plus
$111.62 Va
V.
167,
series
;
be
preferred
A
for
mailed
1924.
:
,
,
•
'.
i
.
•
6 Mos. End.
eral
.311,189
919,360
720,931
587,242
131,492
-
115,764
162,397
'
$37,663
__
-
$182,282
1,892
,
'
$101,381
22,600
,
common' stock
shares
$55,503
3,269
Sulphur
Co.
Acquires
.Total -income—
Exploration *
Int.- Tent and
Rights—
•'
L.
Eugene
Norton,
holders,
said
interest
in
American
-Mr,
"
that
and
this
$104,650
said
shares
stock, and
outstanding
Co.,
Mexican
in
29,
$58,341
to
a
247
common
stock
deposit rights from Pan- r'
period of
consideration
Norton
covering
•
authorized
"common
stock
i
profit
he'added,'also
of the
for
to
has
suiphub
all
value
these
own
as
extracted.
Gulf
.
An
•
.
Sulphur
but
investment.
obtain
company
sulphur
explore "these
sh,
$1
$3.05
to
increase
tho
time
time.
to
There
249,233 common
are
2032.
p.
>*
'
.
It
Island
San
the
is
United
Marks
Pueftd
In
of
at
it
was
announced by George Marks,
National has opened outside the con-.
first- outlet
States,-he-said.
intimated
with
-
that
view
a
which this cofporatiori will
960 Ponce De Leon, Santurce„
In
Rico
Juan,
National is examining other locations oil
opening other stores there.—V. 167, p. 1925.
to
$19,383
VNational Dairy Products Corp.—Registers $30,000,000
$1.62
.
Debentures—
Co.-^-Extra Dividend—New
7
The: corporation
-
-
•*'•
.
recently
was
declared
Proceeds
195,000
com.
a.
together with
last,
April
No
15.
quarterly, pay-
a
extra
President,
has
elected
also been
Chairman
:
•
sales,
Freight
''
$926,676
< 7 r-. ;;y ■->; 7'-'- 7; 7a; 'y '
sales _______—,u-'-■
producoS ?sold_^_i^.-7-^I—
Net
used
in
registration
a
connection
with
state-
due 1970.
the
corpo-
plant and equipment replacement and additions.
Co. and Lehman Brothers are named as man¬
offering
of the
will
debentures.
new
entitled
be
less
not
than
to
2%
sinking fund
a
not
than
more
providing for
4%
for
each
7
.TT"1
able
$9,197,837
'833
1019621
Gypsum
:
Co.—Common
Stock
Offered—The
•
505
•
sk'kor
held.Subscription warrants will expire at 3:00 p.m.
(EDT) May 24.
W. E. Hutton & Co. and Blyth & Co.,
Inc.,; head ,a -group of 46 investment firm,s which will
'
'
underwrite, the offering.
C. A. Woodhouse, President, announced that the company's
backlog A
;
:
■
.v.;..
of unfilled orders'has been well maintained, amounting to $2,500,000
dt;,v;,
® ' P;0Ilc >
..1 the end of April, compared with .< approximately $2,250,000 at -tne1 close
*»Vvmer^fncom.eHV-.
of
through
.
avail
^IV$19,169.666
$0.54 17 Selling, adm.rustrative and general expenses
7
be
is offering to common Stockholders of record
May 10 the right to subscribe, at $13.50 a share, to 422,467
additional shares of common stock in the ratio of one
^new share of common stock for each four shares now
not
85,655
expenses.----—;
allowed
104,483 ^ Cost /of
SEC
company
.
' /'1947^ 'i'f.y--> '■'■■■<■!"
98,568
$0.51
1950
will
2033.
p.
Feb. 28, '47
allowances—*-./-7 $19,379,133
and
&
of
National
123,811
drayage
years
.
Feb. 29, '48
.
less returns
and
Discount
the
succeeds Mr. Urbauer as a
Years En'ded-
Gross
12. with
1954, not less than 3%" nor more than 6%
tor each of the years 1955 through 1959, and not less than
4% nor
more
than 8%7 for-each of the years 1960
through 1969.—V. 167.
STATEMENT OE CONSOLIDATED PROFIT AND LOSS
,
of
debentures
new
retirement
the
the
of
financing
public
a
the
tlurbauer.
the* vacancy Created by the death of Hugo P.
board to lill
the
program
of
The
.
another quarterly
dividends were paid
by
'
.
$1,044,681
outstdg.
sns.
ol.-15 "COnts-'on
1947.
g: Sidxightbrt,
15,
which was followed
recently
' Walter R. Wayne; St. • Louis; Mo., attorney
to locate therein,;'
director.
•' '•••'
most
1948
;
share,
of
Goldman,-Sachs
the
on
filed. May
™®nt covering a proposed issue of $30,000,000 of debentures
,
7 ration's
share
per
jan.
orl
per
during
oil- concessions .7
the
taxes—7,——_ '
charges and
on
$36,601
Report-
of
paid
was
cents
15
.'distribution
organized,".
was
and
by
areas
cents
of
ment
'
31—'';.;7-,-7'7,
per
dividend
extra
4Q
Q{
has
authorized
previously
exploration
."was- to
to
sulphui
—
Earnings
i
$1.54
Chairman^Annual
acquired the exclusive*;
deposits discovered- by "
Mexican
stock,
,
an
the
which
of any
acquisitions
its
held
be
areas;
after
$109,397
$9.12
$18,411
:
•
———
Midwest Piping &■ Supply
•
.
Quarters Ended March
Sales
7_u._^—_—-J_2—
income
46,694
Mr,
*
;
Michigan Bumper Corp., Grand Rapids, Mich.—Earns.
Net
66,589
increase Oommcflt^
a' proposal
on
signed .for' space
-
store
suburb
tinental
j
*
issue
-
,7'Pan-American Exploration already has filed for concessions Cover«ing approximately one million acres in Guatemala."—V. 167, p. 1472. «
•
12,275
;
,
*'
the
developed electronic and geophysical techniques and
..;,if possible,A sulphur domes and oil and gas fields.
•*<*..
.
$41,052
21,669
principal
agers
explained,
large
$83,295
havet been
retail
open- ft
17,289
•i
from
"
'Net
an
l()r years,
shares "of
unissued, which will
7 "The purpose for
Mr.
$175,986
21,355
Gulf
of
.
Gulf-Sulphur;
100,000
taxes-i—i———a
19
.
■
payment of 2U,c
As
Issued
Income
Times, pid.
stock < diviSulphur rhad* acquired 140,000
dend earned-———
Exploration
through an exchange ,
expenditure of cash.
Pan-American has ■' —V. 167, 0.-1811.
■
shares
,
'
$30,686
/.Net: profit before taxes
the stock- ;
'
inc.
without -'-the
shares.
a
to
acquired
sulphur
■
rights, for
letter
a
Pan-American
570,000
•4-of .,1,000,000
had
exclusive
that. Mexican
of
*
28,896
President.-.
April
on
company
obtained
■i
$204,882
(
77 8,869
.
•
President,
Exploration
Norton
common
of
7 ■"
$39,555
discount-
May
presently outstanding.—V. 167,-
Leases
Mexican'»Gulf
"
vote
National Bellas Hess, Inc.—Expansion in Puerto Rico
'2,838
•
will
^
.
Company tstates.that in order to provide funds for construction and
other corpo/ate purposes it
may be necessary to issue 'and self addi¬
*
tional
62,230
-
income
Other
'
• <
profit-—
'SJa'SS
*
7,
Juno
lor
expense———
Net
:
1948,
redemption.—
after
drawn
are
'
tJi'Von
Cost .of goods sold- -- ■_
Sell., I admin, and gen¬
f
a-total'of.:
•
•
;
•
«i?Jsnq i"authorised rcommon stock from ?00,000 to7soo,000^ shares^^Tp§rjl
'
L_'l
The'stockholders
1945
„
Net' sales.
1
Mountain States Power Co.-—To
—Years Ended June 301946
holders' of
of
or
•.
-
possible
as
*
1948,
.share,
per
.
.
cevtiucates
"
7,
Income" *:
statement op
.
recbrd
a'
for vthe 1 purpose of drawing
Sept,
1, 1048, at $110 per.:
$1.62Vj
promptly
as
whose
'
June
on
redemption* on
or
advised * that
been
stock,
.....
stockholders
p.
has
of business
dividend
accrued
will
those
Exchange
the> close
per .share.
Notices
to
curb
shares
5,000
share
•
York
.;
..
.
-
,
:
1947.
of
''Barring
unforeseen; strikes
any
company should go along at about tne same
v. 167 ' » 1924* ''
'
'
-
"
''
Mid-Continent
'
-.An
initial
June-10
*
f.
'-V
•
'
material
or
the
'
of
25
cents
of
record .May —O.-Vj- 167r
share has been
per
Federal
—7 7
2032.;
Net
,
'
$3,151,867
-a
&
Farrell, Inc., Madison, Wis.f
AnrfVial v' iftOTitlrlA' to v
normal income tax
faxes
v
and
1
(est,)—
profit
shares of
rnmiilnfive
:
a
i
7
'$4.91,
-
:
3
;
502,164
.
the
be
right
purchase
to
at
$10
iy2
each.-
'nreferred'.V'*-.ftrt,®8»"Vages; and Commissions,* $489,975*,) accrued payroll taxes an'd income taxes withheld from employees, $166,939; Federal and State taxes
4SuCh<>
i
to
.oii'lncnme
'
lestimnted'f
r
skt-942 774i
canital
common
stock;
nan value
no
fP.v"Dalton
for
v.; r:
;<?'
&
Cdi agreed to -purchase all such
stockholders."' '1,457 such units were subscribed
by
<lxjlders,
—
-and .accordingly" 18 543
-Gardner
'7
P.-.Dalton-
sUch
units' are
'•
,
.
,
7.,
;
— 7i-
Sim'^wirtrinrW'^ :
/•
—1—1
:
AND-.PRODUCTS
Company
(nime
changed
from
"192f) ;was-incorporated in^^Wisconsin "
«UTTQTMCQtt
K
a
IP h'"an£.'..?r$
..fnanwfactufed bits,; snaps, v buckles
®,nd k'nared Perns used irr making harness. Company continued to be
.f I
?lls
! in the-Miqdle West until use ot horses'on farms.,;
•:^-beinc madE'^
P° — ^.®5e;'t?ei'e -Tere^ practicfnyv no harness sets r
-2
'v
'
pand—
.
,
.
"7
-
.7
or
N. Y.,
price
before
needed
as
their
and
increased
in
accounts
be- confined
will
use
receivable
solely
to
and
working
'
the
,white,
,
United
diversified
line
It manufactures
products constituting
related
building materials,
including gypsum
sheathing; gypsum
stuccos
and
base, finish,
States.-"
of
lath
and
molding,
dental
sound, control
and
plasters;
hydrated; and
.
growui uaifc, u..duiiiestdne; keene s cement; structural and acoustical
— fibre insulation ^boards; ^metal- lath
and
accessory
metap products;
texture and casein paints; rockwool products and acoustical products.
—.
•.
.
sales
.
.
.
anC)
will
make
possible
proportionate
a
Henry F. Dever, President,; said.
-
r
<
(
In employment,
increase
7.
About. 47% of -the- company s sales for the year 1947 were
of
gypsum, beards
manufactured under Indivisible-and nonexclusive licenses from U. B.
Gypsum' Co. td -"use certain patents
in the manufacture of gypsum boards,"Which licenses' were granted
by an agreement'eflecrive by its terms until April, 1954, the date
V, Bond."
•
*
.
$2,500,000
space
.
.
of
of
expiration
the principal
7.--The-company *8
..-—A.'— r-7'u7'*7;.
;■
7
change from
at
■
-
expansion •-program -was- -announced
by the Brown
.7.ingtrumeirt Co;fon7May-1.
7s
: M.
/ '
;
.
'
'
•
X — Tne' program will add more than 60% W present manufacturing
'a
77
v7*
purchase
total, $9,353,470.—V. 164. p. 424. -7Tlie^company ^also manufactures paper' for. its own use in making
1
v—■
'H-"1' "..A'
gypsum boards, although somfi paper is solo, to others.
Tire principal
7,.,; . /: MlnqcapoJte-Hoiieywell' Regulator Co.—Brown, to Ex-V ; trade .mme undei>-which the -company markets its products .is_"Gold
sale
to
v'
t-
,
stock'-l* $153",952;,earned surplus, $3,136;ff82;
to f" 7\ ''J* ''(.'/-S •* '7 ■ >
' 7 •
7
1
for-by
subfect
a
.BUSINESS
jiiL
full
received
Ax/ar*
—
shares: of 'common stock'
Prior
be
to
as
the
to
equal
so
n-
,
wallboards,
offered
purchased;
purposes.
a
the
amount
an
be
May 24.
on
inventories
(or)
v;capital
try :,itt
were
by cash/certified
United States funds to
continental
nl wltn-"War... ,;r.,u7:s.
i
preferred stock and fights
of comifton stock at $3 per share at any
1953. % These shares and rights have been offefed
stockholders in units consisting, of one share"oT
pany's.
.stock and
in
-
30,000 shares
Mi^units
in
to
reflected
May
I,
accompanied
warrants,
payable
warrants
PURPOSE—The
net
proceeds will be added to
working capital.
Company. deems; it; advisable ■ to - obtain "-additionai
funds
for
the
financing of what is expected to be an increasingr' volume' of busi¬
ness.
! While
intially these net proceeds will be added to cash, they
of $200,000 of 20,000 shares5 of
r
•
agent,
shares
(EST)
p.m.
Will
69,933
consolidated balance sheet, feb. 29, 1948
draft
,
$1.30
: r t
si,709
their
'.^ASSETS—-Cash (demand" deposits and working funds), $1,747,960; „ a ,;HISTORY AND BUSINESS—Company, was Incorporated in Delaware
Government obligations apd other securities—including aqcrued
Aug, 29, T'925. 7The principal executive offices are located at 325
i;vt-t. —interest-'oil bonds), $518,205; receivables <after reserve for doubtful ac- ( pela'ware-Avenue,"Buffalo 2, N; Y;
Company has "two wholly owned
■-■/t-lft nariLtuifh
u—j! r'
t
PIHS qiviqenas trom May,!,• 194o.
f.-.',
-
for
$503,450
.328,338
bank
or
(subscription
1
! '$1,895,966
—^
mail
or
the 01'der of Bankers Trust Co., 16 Wall Street, New York 15,
■
5,000
41,000
deliver'
check
•
<
ios
1,189,000
(est.) —
surtax
,7 Cash dividends .pafd-v———7,
April 28 offered 20,000
on
In 01'der to exercise their subscription rights, holders of
must
Jo
22,428
-25,901
.
', "•
-"'-rXV Earnings per shared—-tL1—— 7
Midland Co., South Milwaukoe, Wis.-^-Dreferred St6ck> *'-for depreciation on property, plants,
Offered—Gardner F. Dalton & Co., Milwaukee and Bell r* and equipment; included above-^.,-..-^
"7
55,595
-
7-
.
*
2,583.
-
•:
^
,7.1- State'income
declared, payable
p.
'•
V
Other deductions
v
.".
Airlines,-Inc.—Declares InitiaP Div.
dividend
t
T
•
he said."^——~-r——r--~-
r
stockholders
to
shortages,
rate as last year,"
$3,149,284
——•
—
-
products
"" *,
patent,
-■ v
-
principally
used
are
in. the
buUding
in-
7., Need for more space and facilities. Mr. Dever said, is made necesc:ustry but have special industrial, , agricultural and chemical-uses.
'•U \
Th6
making saddlery hardware to the manufacturing
sary by sustained;demand fronk the steel, .petroleum, chemical and-,7There are
at'present approximately
10,400 active dealer accounts.
<^."and> distribution of farm and garden tools came in 1938 wheA Mont- ', ' similar fields where precision control of high volume. production - is
jn
order < to
provide: Its customers with
a
more
complete Jine
Df
gomery Ward & Go. sought a new source of supply for garden planters,
rce
garden-planters; ; essential.,'The company's sales volume, he added, continues to climb —building material products,, the comoariy sells certain iter
items
manu;
7^-cultivators -and- various garden tools: 7The -Midland .Co:'rtook "their 5 .' steadily from the war.peaks.,,
-' ' a
' lactured
of
the
by otherst such sales In
1947 totaling, about 4'%
*
j.' first order for these implements irom Montgomery Ward & Co.-in 1939 *
'Thd'tprogram includes the construction of a four-story addition to .'^"company's sales for that year.
district
sales
Company
maintains
dist
71:''7
>
-
.
:
WW'iM.
*-«
"
—«
—
' will
a.^a-.a-.a
—'CAPITAL
the
SECURITIES GIVING EFFECT TO PRKSENT OFFERING
*
-
Authorized
due to-3957____
$7,500,000
..
.
due to Jan.
Accoramg
to
architectural
the
plans,
new'
building
add
will
95,000
stock
Common
"The
board
ized
,■
a;7
—.
ing 300" units
:;7:a'
a
In
<
for
month
distributors.;. '". 7
-
.
able
wag
production
get
to
Montgomery
Ward
,f
1945," Montgomery
Ward
&
Co.
& Co.
■:
became
garden
tractor.
These
special
and
that
available
New
shares
York
shaves
7
It
W.
to
said
$4.50
the
cumulative
has
authorized
the
of
ll,150 author¬
of
preferred stock and
listing of said
notice of issunnce on or before Aug. 31, 1948.
been made relative to the sale of such shares and
formulated with respect to the use of any proceeds
the present intention of the company to sell the
is
E.
Hutton
&
Co,
shares
422,467
of
the ' exercise
for'upon
,
the
of
the
principal
underwriters
of
of common stock as are not subscribed
subscription warrants and the respective
UNDERWRITERS—The -names
such
.*'•
,
official
upon
therefrom—
shares
-
authorized'the
has
of
Exchange
Stock
plan has been
no
pai)_^——-'.—
directors
of
unissued
No' agreement has
—
.
being
not
,
ilinnAanfir Mining & Mfg. Co.—Expansion
F.vnansinn—
Minnesota Miv.Sno' Xi Mf^ f<ii
attachments for tne
attachments
.
of thd parent firm.—V. 167, p. 1696.
laige
a
,
,
' Browm Instrument is a wholly owned subsidiary of the Minneapol sHoneywell Regulator Company and operates as the industrial division
Boy -
Dandy
"i
convinced
..
>
r
[ V volume of business could be developed in special
small
moving
but
the
later that t ^ul *eventlial,1T;,"1alte ;Pus®:''
•
year to a point where the company delivered ^bout $500,OOff worthr of
present . building. Stilt further' expanrion to the- present structure
machines to Ward's during the fiscal year ended June 30, 1947.-Sales 7-is Provided for in a supplementary plan which will more than double
now
have dropped materially, but at present the
company is build- *-present- facilities when the need develops
he said.
ther^ company
scarce;
($1
$7,500,000
7,200,000
' 88,850 slis.
2,500,000 shs. 2,112,336.03 shs.
(no par)—
'•*$^.50 cum. preferred stock
Outstanding
7,500,000
1100,000 shs.
1, 1962
.
,
the source'from whom Montgomery Ward & Co.
W, L. McKnight, President, on May '3 announced the purchase by
purchased their
percentages'of the Unsubscribed stock which each has severally agreed
this company of a, group of outdoor advertising plants in-California.
tractor; Midland Co. was approached and consequently 'proto purchase are as follows:
ceeded' to develop and manufacture these special attachments for £. These' plants, formerly known as the Empire Advertising Co. of San
Percentage
Percentage
Dean Witter & Co.„~^
Montgomeiy Ward & Co.
' —
1.90
7.25
?, 7 7f.-7"7 i:
W. E. Hutton & Co.
l
7 ;v" Francisco and Stockton, .the Aristocrat Highway Displays of Hanford,
— and the
United Outdoor Advertising Co. of Long Beach, will be known
Johnson, Lane, Space and
The
development and production of these attachments has* only
Blyth & Co., Inc.—6.60
as
the" Empire
1.55
Co., Inc.——i
- partially (aken. up the slack by the shrinking volume "hf the concrete
Advertising-Co.; Inc.-' With headquarters in South - The First Boston" Corp.—
6.60
San' Francisco. ..'
.95
Bacon, Whipple & Co
block machine, so when an opportunity came in February of 1948-to
"7.
'
—
7
-. •' ;
Kuhn,- Loeb &i Co.
6.60
from
--
garden
...
,c
.
-
'"
Julien Collins & Co;
pruuuuviV6
t»p<fCiliy; oIIQ 'Illdtcnai
immediately start the manufacture
has
entered
$800,000
in
a
into
a
'
contract
and
RilOCSvlOIib
of
RIlu
IRDOr
jDO
gaiden tractor-'The company
a
received
has
a
blanket
of
1V2-horse-power tractors and attachments to be delivered
five-months period beginning with
May, 1948..B Of the 10 attach-
ments
the
on
#*»■»
Ward
gomery
tractor
or
just
three
ments
&
Coiris
anxious
to
negotiate
an
order
for
this
quickly as possible.—The • larger tractor entails-two
attachments, but as in most cases, these attach¬
Interchangeable on both the
-horse-power and ■ three
models.
—
•.
,
—
y
-
,
"
CAPITALIZATION, >- GIVING
stock
"Common
"♦Common
shares
ment
($10
to
consists
par
the
'20,000 shsf
1120,000 shs. *'
-
,
par)
as
of
Dec.
value), of which 16,641
articles'of
The
.
entire
y.
or
..
Outstanding
20,000 shs.
PURPOSE—Out of
used
for
the
the: purchase
(estimated
at
$129,000)
1,
net
of
were
outstanding.
>
V to-
30,000
stock
now
proceeds,
company
Lazard Freres & Co
be
production
used
to
machines
Increase
the
the
balance
working
capital.
and
3.30
Moore,
glass
Lee
proposes
to
sell
$1,000,600
1978, to United States Lumber
indebtedness.—V. 167, p. 2032.
- '
Lynch,
Fehiier
7
Smith,
•
Is—mtge.—30-year 4%
Co.—owner of company's
,
7 ,
years.—V—167,
p.
:"The
•
Trust
Co.,
Co.—_
.95
3.30
3.30
1.90
Stein
Bros-.
Boyce—_
.95
G. H.
Walker & Co
.95
The
Co l——_•
Elworthy
.95
.70
Brothers
Co
&
'
.95
Co—_—^
.70
Bateman, Eichler & Co—
1.90
1.90
„
&
Wisconsin
Aimstedt
"1.90
—
1
.70-
—-
Merrill, Turben & Co.~—
Paine, Webber, Jackson &
'
Reinholdt & Gardner——
.70
.70
1.90
Whiting, Weeks & Stubbs_
.70
H. Rollins & Sons Inc.-
,>.90
Wulff, Hansen & Co.—^
.50
1, White,. Weld & Co—.^1
1.90
Curtis
E.
;
l
Montreal,. Canada, on May 5 announced
that
the -fneeting
of the holders Of 5J/2%
first mortgage 30-year :
sinking fund series A gold bonds called for Jan. 23, 1948, which was «
adjourned for lack of a quorum until April 30 has been adjourned
again for lack of a quorum until May 31.—V. 167, p. 1589.
Montreal
William R. Staats
Co.,
Hornblower & Weeks..1.90
2032.
;' ' Montreal Island Power Co.—Meeting Again Adjourned
&
.95
&
-f
Co.->—
Corp
I
Co
Hallgarten
5 slmHivr1
for the" past 20
&
.95
Newburger & Co.———
Rauscher,. Pierce
&
Central Republic Co. Inc..
Drexel
.95
Leonard & Lynch_
3.30
Pierce
Barney &
.95
r .95
3.30
——
& Beane^.
Securities
Union
.
.95
3.30
Higginson Corp.—_
Lehman Brothers
due
'
.
approximately $50,000 fs to-be
a
Lines;
'
microscopic
position for- the Gulf Coast Linos-International Great
Northern
RR.
(subsidiaries), with headquarters at Houston, Texas.
They, replace the
late-James G. Carlisle who, prior to his death
Apil 3, had been Director of Industrial Development, Missouri Pacific
By amend¬
common
McDonald & Co.——
„1occ
with
L—Smith: Heed has been appointed.Director of Industrial Developmenfc for
M6p, with headquarters at St. Louis; and C. C. Luckel
' 66,564 shs.
1953, of warrants outstanding.
new
will
coated
3.30
Clark, Dodge & Co.-
#
31," 1947, consisted of
incorporation," authorized
before May
a
„
sheeting
3.30
3.30
"
.
.95
Hemphill, Noyes & Co.—
Kidder, Peabody & Co.,—
a1
,/Missouri Pacific RR;—New Appointments—
of
on
.
,
120,000 shares ($2.50 par) and the formerly outstanding
16,641 shares ($10 par) were split into 66,564 shares $2.50 par value),
f30,000 shares are reserved for issuance at $3 per share upon the
exercise
.
,
Missisisppi Central RR.—To Sell Borids Privately-—
bonds,
PRESENT" FINANCING
Authorized
par)_____L^.___
authorized
*
.
V
*■?';,
($2.50
stock
EFFECT ; TO
.
.
Merrill
■
v".-'
Preferred
stock. ($10
...
''
7; —
larger
as
horse-power
:
.
additional
are
,
—— Scotchlite
is a pla-tic
lenses.—V,' 167, p.
1811.
order;-three of them are new and seven are attachments
has been producing. - The first designs of a three horse¬
garden tractor will be completed in May of 1948 and Mont¬
the company
power
-
7.,/-Tlwse.;JacilRie> . wilT be employed- to - produce- - Scotchlite - outdooi
advertising signs,, an^d . to Jhelp in thepromotion and sale of this
product to advertisers, and ,foutooor advertising plant operators- jOn
v t
d0,f,st" ' "
: U
„wu'
for —
order
.95
& Co.
Courts
Fahey, Clark & Co.__:
First of Michigan Corp.—
Hayden, Miller & Co..
—v.
167,
p.
.
/
2033.
Naumkeag Steam Cotton
The
share
directors
payable
on
May
April
29
to
Co.—50-Cent Dividend—
a
dividend of 50 cents per
stockholders of record May 21, 1948. A
28
declared
made oil Feb. 21, last, while In 1947-distributions
Feb..
21,
May 23 and Aug.
22, 50 cents each;
similar payment was
were
and
as
Nov.
follows;
21,
;; ,y
$1.—V.
167,
p.
1925.
of
in
corporate finance, and industrial management relations,
for the past few years,
made known on May 1 of his intention to
seek a directorship on the board of this corporation at its annual
\
■
■■
kwh.
This is an
production of 13,844,912
',
year ago,
Gas output
the
for
•
.
• -,
May
CHRONICLE
Monday, May 17, 1948
Oklahoma Gas & Electric Co.—To Amend Charter—
Association—Output—
Stockholders at the annual meeting on
this Association reports electric output
7,
7
the
increase of 437,213 kwh., or 3.16%,
kwh. for the corresponding week a
14,282,125
above
to be held early in June.
Representing a small group of stockholders, whose combined holdihgs are aproximately 20%
of the entire capitalization and under
cumulative
voting privileges, it- is expected
that no proxy contest
will be necessary, the announcement said.—V, 159, p. 2087.
'
meeting
ended May
week
the
For
Brooks, 542 5th Avenue, New York, N. Y., who has been
Charles D.
FINANCIAL
&
New England Gas & Electric
Directorship—
(Herman) Nelson Corp.—Brooks Seeks
'*
specializing
COMMERCIAL
THE
(2136)
8
''
week
is
reported
at
167,835,000
of
This
of
is
increase
an
2033.
ft.,
cu.
or
0.57%,
ft.
cu.
will
production
ago.-^-V. 167,
above
ft. for the corresponding week a
166,892,000 cu.
p.
943,0000
of
year
y7, 77:' ; A-;'.'- ."A".
'
New England
167,
Net
•
earnings
Earnings
'Based
justed
;v''VyV''
first
the 6,695,075
quarter
solidated
System
of
net
period of
same
1948
Other
the
and
1948 period. tAdsimplification in April 1947.
of
plan
excessive
handling
snow
responsible
mainly
were
for
17
the
1947,
cents
first
for
drop
a
In
conditions
this
of
reservoirs
were
improvement
in
over
the
second
normal
about
now
New
of
allowed
been
and
Moore,
The
for
first
of the
of
two
the
annual
report
for
increases
issued
plan of simplification
are
CONSOLIDATED INCOME ACCOUNT FOR 8
MOS. END. DEC. 31,
1947
Purchased electric energy and
Maintenance
Provisions
for
Federal
Income
taxes
'
*
Other
Net
•
.on
Amortiz.
of
2,567,402
general
.Other
I."
discts., exps. & premiums
organization
(net)*--——-,
partner
Consolidated
Dividends
Losses
net income for
declared
(net)
;
bv
the
in
'
Consol. earned surp, Dec, 31,
'Including
sidiary,
by
the
provision
of
for
dividends
7
'!-■'
•
)
'
1
1947)
'
*■
'
v'W'
•
.
.
,
from
sales
Income
from
Income
from
>7
■
of
^
electricity—-
of
sales
gas——
transportation
—,
—
-7;v: 7
oper.
7;
%
Total
Int.
Income
from
Income
dividends
from
and
interest—
appliance sales and Jobbing
Income from
———*
Wages and salaries*---*-**----**--^----*-***
Fuel, supplies and other costs———
Purchases of electricity and
Depreciation
Taxes
315,000
and
-
Amortization
and
-V.
9,546, 000
«
6,781, ,000
stock
John
charter
at
permits
into
stock
to
it
may
deem
best
as
Shareholders
informed
were
present in connection
might
with
required.
be
board
the
convertible
conditions
stockholders.
of
"
.
directors
of
such
to
and
persons
without offering
board
the
of
knows
which any sale
"
. . -
offer-
or
r
V.
*
Commission,
1945
when
stated,
the
:
ol the fact that "between 1925 and
controlled by the Hopson interest^ the ,
reclassifications without proper,.',
ytow
in.
was
company
Mr.
Malibie
railroad.
elected
also
has
been
V, ,160,.
director, y;
a
Committee—;
He
that
$182,500
a '7 reimbursement
and " y
bankers
investment
that
held
there
elected
expended
been
had
$282,500
the
of
4
1867.
P.
^
X.
■
'
The company on May 7 filed a letter of notification with the SEC
for 3,000 shares of capital stock (par $100);
The stock will be offered
stockholders for subscription at par without underwriting.
Proceeds
a
y
.
■•■
Pennsylvania Manufacturers' Association Casualty
surance Co., Philadelphia—Files With SEC—
;'!
Corp., a subsidiary.—V. 167, p. 2034.
;.:
'■■
-
no
evidence in the record to
which the company sought for
for proper
capital purposes.—
was
.
'
.?
I
•
f,
Pennsylvania RR.—Equipment Trusts Authorized—
1948—3 Mos.—1947
7I7';7.;'-
V Peoria & Eastern Ry
$634,474
$2,653,344
'
955.860
(Br)
V;
17,031
$4,485,716
3,109,871
.852.359
13,067
'
3 Months
2,500,328
;
48,546
$1,573,303 i $3,492,636
; v 155.793 *4
142,661
$6,429,607
$7,547,041
Ended March 31—
Operating revenues
45,039
163,488
170,940
debt
$1,565,608
-;
***._
;
$3,635,297
466,324./
1,013,365
492,154
1,181,357
$3,464,357
438,002
Net
railway
Other income-
$8,810,034
funds,
89,719
81,416
277,648
166,666
200,000
500,000
$3,182,941
$6,743,563
$8,355,649
254,385*
Total
fixed
Net
7
125,188
136,141
66,238
income
,54,546
,
$137,156
$72,045,
.
7v>;7; ll,e4l
12,573
$83,886
—
Miscellaneous
1696.
p.
operating
Total Income
200,000
$1,309,223
income.
\ $327,845
•Railway tax accruals
Equipment and Joint facility rents
512,865
$7,521,211
1,020,744
$263,471
7,
$9,322,899
$1,348,589
$1,444,828
_
'
11947
1948
$8,884,896
$149,731
" 1,889
7 1,915
—______—
deductions
7
56,596
62,207
$25,401
f; $85,609
charges
income
•Includes
4 630 000
'
1,949,000
interests—
He
said
.
that
.
,
dispose of
Rayon
'V
this
,
for
representation
holders.
its holdings
in
of
stock
this
in
f
the next few months, >
stockholders ,:;
Corp.
at
the
annual
meeting
^
,r
the
reason
the
on
DAP
company's
could
board
to
not
the
held
V,,
increased mail
to include
revenue
Philadelphia Electric Co.—New Plant Dedicated—
company's newest .addition to its electric generating system,
giant $45,000,000 Southwark station, made its formal service bow
the
to
$50,700
applicable, •
$12,686
taxes
income
The
on
.
consent
Federal
J1947 figures restated
$2,853.—V. 167.'p. 750.
give v to the public in
minority share¬
It
dedicatory ceremonies
that
announced
was
The
the
on
output
of
May 7.
just one
two
the
of
~
.
giant
present board of ten directors, re-elected at the
meeting, ]■. turbo-generators in this station, 169,000 kilowatts, is greater than.
will be able best to
complete the sale of the government's majority ;
the
total
peak load of the company at the end of World War I.
holdings, Mr. Mason said.
The Southwark station is part of the utility's current $235,000,000
Several minority, stockholders
expressed hostility to the government's
expansion and improvement program.
'
attitude on prices, patents and other matters
along lines similar to ;
Located on the Delaware River, in
southeast Philadelphia, Southopposition presented at the meeting of American
Bemberg. stock¬
wark's
presently-installed two generating units have an aggregate
holders on May ll.
The OAP representatives assured the stockholders
^ capacity of 338,000 kilowatts, enough to supply the electric needs of 7v{7
that their proposals would
receive consideration by the board.
/ 1,000,000 homes. -The plant is designed to permit the use of either ^7
J. E. Bassill, President of both
corporations, on May 6 announced vi coal or oil to develop steam to drive the generators. Using coal only,
that the directors of the two
companies and representatives of the
3,700 tons are consumed daiiy to produce a required 3,600,000 pounds
Office of Alien Property Custodian have
retained the engineering firm
of steam an hour/or 86,000,000 pounds a* day,
of Sanderson & Pcrter of
New York to conduct an engineering
Southwark is the company's fifth major steam generating station
survey
"
of the companies.
•*,
v-'V^ 4
to be located on the Delaware
.
River, where access to water in un- •
The survey is a
necessary preliminary for a prospectus in connec¬
limited supply, and to coal, by both rail and barge, are Important 7/
tion with the
forthcoming sale of the shares held by the government, v
considerationsT7^7;>.-V'r*'!7,7:.rt:'7.-7:;7;f;:ii77:!(^777;s7-" 77;,:7*v7:777Mr. Bassill pointed out.—V.
167, p. 1925, *;;;
The seven major" steam
.
,
>:■
^generating stations of the company,, plus
y * 7; !
its highly-important Conowingo hydro-electric plant on the Susque- 7
hanna River: serve more than 850,000 customers
Northern States Power Co. (Del.)
and a population
1,032 ,000
;
Rayon Corp.—Gov't to Sell Stock—
hopes to
American
12. •" ■/■'■ ."V
-
further
5,442 ,000
1,024,000
minority
North
-May
6,522 ,000
5,460,000
charge$^^I*i^-*i.Ek^
government
Property, told
of
9,484, ,000
•
American
company and in the American Bemberg Corp.
Malcolm S. Mason of the Office of Alien
-
10,199 000
,
•;
and
ar.d
transaction
and Southport, Conn,,
$1,729,036
res.
of
167,
The
22,280, 000
1—
—
other
dividends
N. Y.f
& Co.,
Ry.—Earnings—
appropriations.
Balance
'*19,036, 000
12,816,000
-
income)
Federal income taxes
Interest on indebtedness
Preferred
gas
25,934,000
22,656,000
7,058,000
than Federal
the
to
securities
or
terms
_
1948—Month—1947
appropriations
$100,766,000 $92,050, 000
—
(other
their
Structural
manufacture
,
miscellaneous sources.—
Total earnings
(net)
income
North
■
the
in
$12,033,719
revenues
funded
on
Net
$98,716,000 $90,605,000
856,000
836,000
1,088,000
} 484,000
106,000
125,000
*
American
had .undergone., many
authorization*".,,
'
Noyes
Southern Bus
Income
Sinking
9,720,000
403,000
income
the
ing
RR.—Amoskeag Co.
stock
such
capital:stock,
York,
this
of
opery income
ry.
<
Miscell.
operating
amendment
issue
on
maturity."
debt
forthcoming
An
a
Kidd, partner in the investment banking firm of Stein
Baltimore, Md., has been elected Chairman of the
Other income
1946
9,142,000
—*
of
engaged
Operating expenses
Net
sub¬
a
$80,560,000 $72,583,000
i
8,611,000
7,987,000
-
part
a
„
show
New
Hemphill,
of
Committee
$987,904
1947
Income from other operating sources
Total
of
Railway oper. income„
Equip, rents (net) iCr).
36,102
*
Income
form
.
f
unearned-by
of
desirable in working
*
Period End. Mar. 31—v,
'PRO FORMA CONSOL. J INCOME ACCOUNT FOR
CALENDAR YEARS
v
formulation
the
in
the New York Stock Exchange, has been
Jt, fac, rents
(since April 30,
1947
$84,536
will
: The ICC
on
April 29 authorized the company to assume obligation
$14,457,416 $41,994,802 $40,752,739 A and liability, as guarantor, in respect of not exceeding $9,600,000
Railway oper. expenses
9,590,946
8,842,135
30,220,337
26,235,252
equipment trust certificates, series T, to be issued by the Glrard Truss
Co.,. as trustee, and sold at 99.3899 and accrued dividends in con¬
Net ry, oper. revs
* $2,442,773 $5,615,281 $11,774,465 $14,517,487 ^
nection with the procurement of certain equipment.—Y. 167, P. 2034.
Railway tax accruals—1,808,299
2,961,937
7,288,749
8,087,880 y
367,467
public
and
management
owned
under
,
Boyce,
Railway
3,345,693
<
divids. accruing in eight months
charged
income statement
consolidated
part
its
.
Norfolk & Western
t
$4,737,166
X-
:
and
is
'
445,195
eight months
Veneer
common
-
willfbevused for general lunds.—V. 166, p. 2563,
802,513
Svstem
property sold or abandoned
Divids. declared on pfd. stocks of subs, held
the
it
to
director of Norfolk
494,890
.—
on
in excess of
meeting
.
88,841
accruing in eight months—
of subsidiaries,——
net income
&
Executive
181,043
I—
expenses
dividends of subs,
(Minority interst in
for
pian
Emerson,
Newton
Bros.
3,574,974
——u-x———■«..„
electric
plant adjust,
accts.
&
$15,145 of
of
Preferred
•
$10,324,622
interest
■
.Amortiz,
active
an
other steps it may deem
New Chairman of the Executive
C.
income
other
funded, .debt,-**.
debt
the
wholly
Plywood, Inc., of Hancock, Vt.
Plywood companies will be continued
.
Willard
1,500,844
operating and
Interest
Vermont
devised
i $8,823,778
income
t■■■:
Co., Owens-Illinois subsidiary,
building materials.—V, 167, p. 156.
present
"The
are
refunding
or
Norfolk Southern Ry.—Emerson a Director—
6,647,614
operating income
adopt, alter »r
limitations.—V.
to
certain
Co.—Acquisitions—
Products
641.
p.
members of
Net
take
or
,
4,710,653
(prov. for retire, and wear and tear of property)...
Taxes, other than Federal income taxes.....
plans
some
payment
p. 2033.
5,109,255
Deprec.
»
159,
9,626,713
gas__
within
company
company has announced
the acquisition of all
Blair Veneer Co. of North Troy, Vt.
and its
present
ganization, the preferred is entitled to elect that, number of directors
for five years.from th§ date of reorganization,.gept,.18r 1947.—V, 167,
revenue__Z----_-_-^-_-^_l__^-v.-v $65,977,944
Operating expenses, other than the following-28,492,529
}
its
r
7 Total gross operating
j
the
■
consummation
since
authority
directors
the
of
.
for
of April 30, 1947 shows:
as
grant
Boyce, President, stated that with favorable conditions now
existing in the oil industry, the company expects to do as well in tne
Frederic C. Dumaine, Chairman
second quarter as in the'lirst when net income was $479,675 compared
of Amoskeag Co., an
investment
company,
states that his
firm
and
a
group
of
individuals
have % with $73,942 last.year.—V. 167, p. 1048,i'vf.
acquired a majority of the 390,000 shares of new 5% preferred stock
of
the New Haven which carries voting
power. ."Most of, this
stock
Patchogue Electric Light Co.—Financing Approved—
has been acquired in the open market,
1
A
;
The company would be authorized to issue $350,000 of first mort¬
y Under the reorganization plan of the road, 453,000 shares of new
gage
bonds .under a financing plan which has been announced by
5% preferred will be issued in exchange for former securities if the :
the New York P. S. Commission.
The company had asked for authority
exchange of the latter is completed..
;,7.>77 7:' ■.7l77:7,:t%7'; 77*77:77 to issue
$550,000 of bonds and approval of a plan for reclassification
This
total
Includes
63,000 shares
issuable
to, Irving
Trust Co., ;
ol it$ capital stock.
:;r:'
:
f,trustee of the old secured 6s of 1940,
It is not yet clear whether
The opinion of Milo R. Maltbie, Chairman, which the Commission
■these shares carry
voting power.
,JZ ,7.77 !:7'7:'77A7'77
approved, was that $250,000 would be sufficient for the company'*
With a majority of 390,000 shares,
stated, Mr, Dumaine, this group
construction program to the end of 1749 and $100,000 war, allowed
will be able to elect H of the 16 directors when the reorganized road 7;
for the retirement of loans made in 3947.
The merits of the plan
holds its iirrt stockholder
meeting.
Under the terms of the reor¬
lor
stock
jeclassification
would
require further
investigation,
the
according to
pending.
;
subsidiaries,
gas
petitions
states:
committee
Unless
for
Group Owns Majority of 5% New Haven Preferred—
quarter.
larger
other
several
to
by-laws
of
The
no
England Electric System was higher for the first
than consolidated net income. Rate increases haye
quarter of this year
the
1951.
New York New Haven & Hartford
months
three
first
the
in
provide
satisfactory
a
—V.
stated that earnings of the transportation subsidiary and
subsidiaries had been particularly hard hit so that corporate
income
Mr.
and
that
so
expected
May 20 will vote on amendingpreferred stock, irrespective
the
1696.
subsidiary,
'
out
also
He
the gas
net
year
be
can
rivers
the
in
time
results
to
factorily concluded to
plan of reorganization
the system
hydro
was 150,000,000 kilowatt hours less
than in the 1947 quarter and this deficiency as well as the additional
kilowatt hours required to meet increased demands had to be made
up by
increased generation at steam-electric plants and additional
purchases, which involved greater expense.
He stated that water
»
stock
cumulative
7%
,
electricity generated in
pointed out that the
plants in the 1948 quarter
of the
12
v
■
important
Moore
May
on
holders, of
of
holders
mortgage i
of
prior to its
possible that
Panhandle Producing & Refining Co.—Stockholders
the holders of said mortgage debt
would foreclose on the property ;y
Eliminate Their Preemptive Rights to Stock Issues—
and the interests of the preferred stock would be seriously jeopardized.
"This committee intends
to appear at the proceedings
The stockholders on May 11 voted to eliminate preemptive rights
before the
to stockholders with respect to all issues of common-stock or securi¬
New York Public Service Commission in connection with the restate¬
ties convertible into common stock when issued for cash.
ment of its plant account and as soon as this matter has been satis¬
'
factors contributing to the reduction in net income,
were
higher wages and fuel costs and increased costs of operating
the
transportation system in Rhode Island, Mr. Moore said.
Mr.
the
announcement,
matures
maturity
Electric
to the
a
quarter
its
debt
in the
in con¬
costs
share on New England
of 1948 as compared
according to Irwin L. Moore, President.
earnings of
common
$1,631,035 t$2,811,757
—$0.24
t$0.41
outstanding shares in the
of
conditions
water
made
was
for
committee
give
special
Owens-Illinois Glass
formation of a protec¬
preferred stock.
Russell Van Horn of Philadelphia is Chairman of the committee which
also includes W. Frederick Spence and Milton F. Lewis.
M. G. Coyne
is Secretary, and Sullivan, Donovan and Heenehan are Counsel.
taxes__,.__>.—
share__!—
common
per
on
and
charges
for consummation
Poor
;
after
Announcement
tive
1947
1948
the
p.
This
(& Subs.)—Earnings—
Electric System
to
as
asked
be
repeal
New Rochelle Water Co.—Protective Committee—
Quarters Ended March 31—
so
series,
or
voting rights similar to those now held by
the holders of the 4% preferred stock, in the event of four full quar¬
ter-yearly dividend deiaults on such
stock.
The stockholders also
.
..
charter
class
2,047 ,000
,
,
.
Balance
Earnings
before
per
•Based
Plan
common
actual
on
of
been in
NUMBER
common
OF
'
System
ehares
ouwtanding
and
;
in
New
shareholders
adjusted to reflect
which became effective
New
all
of
process
No
n
U.
held
System
of
share
holder
shareholders
BALANCE
Treasury
of
less
and
aggregate
1947,
the
bad
savings
Union
than
8%
cf
five
of
much
as
owned
as
the
the
w!
debt
i
DEC.
31,
In
receivable,
SJ
982,576,
at
on
/
accrued
?
i
1
Interest,
hand, $11,-
$653,600;
$5,989,032; accrued
Federal income taxes), $5,-
provisions for
$982,397;
accrued
w
by
tti
the
public,
tirements
■
casualty
and
$177,081;
wear
reserves
iilVSX
and
payrolls
and
other
street railway tickets
idends payable by subsidiaries
reserves for
ex-
out-
on shares held
(provisions for re$89,341,106- insurance and
deferred maikenmme
depreciation
tear
$972,998;
of
property),
reserves
for"
kwh.
for
company
as
compared
an
the week
with
ended
51,939,000
May 8, 1948,
kwh. for the
*
of
Products
Co.,
Denver,
covering
($1
100,000
par)
10 filed
shares
($io
stock.
common
a
par)
The
of
Colo.---Registers With
registration statement with the SEC
preferred stock and 20,000 shares
stock
will
be
offered,
without
under-
-
in units of 10 shares of preferred and two of common, at
unit.
Proceeds will be used to build, furnish and tool a
factory and apply close to $500,000 to working capital.
Company is a
manufacturer of Tampons.
f
1
v
,,
The
directors have
called
for
,
:'
redemption the
remaining outstanding
$232,000 of 5% convertible debentures due April, 1, 1955 for payment
on
June
15,
1948.
In the period since V-J Day, the company will
retired
have
the
entire
issue
of
of
450,235
RESULTS
Net
Earnings
—V.
FOR
10
MONTHS
ENDED
MARCH
per
common
167, p. 944.
,
,
;,7,yr;
$133,901,500;
,
,
for
capital
surplus
dividends),
of
New
England
Electric
System
(not
$11,139,427;
consolidated
earned
surplus
(Since April 30, 1947), $987,904; total, $463,463,558.—V. 167 p 549
*
Manufacturers Trust Co., New York,
stocks.
:
the
company
and
its
subsidiaries for
the
1,
or
141,210,000 kwh., an increase
corresponding week of 1947*
company
and its, subsidiaries for the
of
1948
the
the
amounted
to
139,669,000
6.5%; over the corresponding
7.
-
kwh.; an increase
week of last year.
1
;■■:.
output of the operating companies
week
ended
May
8,
1948,
totaled
served
-7
;•
,7
*>■ ' 7
'
this
by
240,780,000
witlt
218,476,000 kwh. for the corresponding
increase of 10.2%.—V. 167, p. 2035.
.
Gross
from
Net
from
Net
•
ry.
railway___I 7 $202,586
failwayTl—— ! • 68,386
oper.
from
from
Net
ry.
—V.
$1.92
income
41,392
7
1—
From Jan.
Gross
;
.
company
kwh.,
as
com¬
last
week
year,
•
>
railway
,670,799
225,184
income
126,358
167/ p.
1591.
/:7'7:7
$191,315
7
66,517
v
1946
1945.
$148,613 t.:
79,576
7'-.r
,/f:
railway______
oper,
"
"
*
,
0
$121,244
21,912
13,082
30,447
25,003 7'
-;;'.;.;7''7;,7;'-'77.;':;.7;:7'" V
566,537
,
s
7 219,529 .U
174,928
.
426,509
348,955
117,452
89,518
.VW-■■■'■
_
7
85,962
64,968
;: 7
7'.:
Pittsburgh Forgings Co.^—Transfer Agent & Registrar
»V :
N. Y., has been appointed
transfer agent for the preferred and common
this
Pittsburg & Shawmut RIL—Earnings-—
s-7 March— '
1948 -7;7 1947 7 : 7
;
v"7 7
Oceanic Trading Co., Inc.—Transfer Agent-<The
of
7.6%,' over
!
r
available
for
pared
$865,436
-
May
8,501,000 kwli.,
167. p. 1926.
Net
31, 1948
Share__7___7„_i__;__J__"_*_l_
ended
Electric
"
earnings which was originally
$1,000,000.
The company has no bank
earnings after taxes
output
Pionecjr Service & Engineering Co.—Weekly Output—
of
in the amount of
After this redemption, the capitalization will consist solely
shares of common stock.
:
:;7
-7v;7
outstanding
borrowings.
out
2,255 square miles.
epded May 8, 1948,-amounted to
9.960,000 kwh., or
The electric output
an
V**
service area of
a
—V.
,
Oak Mfg. Co.—To Redeem Debentures—
in
^
per.
.
3,000,000 people
The; electric
writing,
$100
than
Weekly ^Output increased '7.6%—' 7, v
.<?
week
The company on May
(gas),
advances^ for extensions and $111,934 other deferred credits, $515 845:
'i
bsidiaries held by the public, $34,053,492; common share
®aPjtai,°' New England Electric System (par value $20 per share),
more
"
increase Of 9.3%.r—V, .167, p.,2034.
SEC—
,.
y sub®idlary
a8,ainsfc elec^ic plant adjustments ac!
count,
$125,000,
accounts
payable
deferred, $164,885; unamortized
premiums (less expenses) on funded debt,
$2,204,618; contributions and
(
Nuera
cost,. $1,228,000;
Payable,
Sff$^In1^0:o,rS^rS',deposltlf. and
56,769,000
this
week
In-
.LIABILmEE—Funded debt held by the
public, $161,291,900; notes
.01 System,, under loan agreements, due in
1948,
$1,000,000; serial
note of subsidiary,
due Dec. 1, 1948, $100,000; notes of
subsidiaries
:
of
corresponding week last year,
$9,437,751:
banks and
C,
output
intangible assets,
progress,
notes—series
1947
inventories,
^ exPenses
deferred charges, $491,450; cash
funds and other restricted deposits, $589,604; unamortized
discounts and expenses,
$1,246,189; total, $463,463,558.
-
Electric
t
totaled
SHEET
orders
interest
,
^Weekly Output—
1%
shares,
162
,
and
.
largest
10%
^fa8ury obliSations, at cost $246,000; accounts receivable
6aJ®s (after reserves for doubtful accounts of $168,450), $9,720accounts
tc?a
'*
.
and
Hydro-Electric
next
& e9uiPment, Including
work
the
than
the
less
were
ase,;uritles' $12,424,079; cash in
6.
states
International
liquidation)
an
all
construction
if
,
30,
31, 1947, the outstanding
System were held by 39,754
the
of
countries.
other
holdings of
#xi??ET^'Property' pIant
$404,261,653;
023,798,
situation
April
Dec.
Electric
one
Electric
held
CONSOLIDATED
:
but
foreign
record
shares.
average
the
$148
■
-
England
in
England
of
$9,880 000
$1.35
,
results
several
(now
of
of
$9,040,000
periods.
located
in
system_r._i
SHAREHOLDERS—At
shares
addition
m
of
share_____
Simplification,
effect for all
shareholders
,
dividends
■
The
Chemical
Bank
& Trust
Co., New York, N. Y., has been
appointed New York transfer agent and the Bankers Trust Co., New
York, N. Y., as registrar for the $1 par value capital stock.—V. 166,
p. 2314.
7
7,-r
•- •
7
•
'sr r**> 'V i
'■'
■
■
•
V«:. &
t»
j
■
i''
•
1
*'
••
■/
' ''•' '.Vvl
•<■
£'/• 1
t?
i
;
Volume 167
COMMERCIAL
Number '4699
&
FINANCIAL
CHRONICLE
fiV.V,
1*mm
'
Pittsburgh & Lake Erie RR.—Earnings—
,
i
Net
revenues
$3,546,346
oper,^ expenses
2,917,148
oper.
fr.
rev.
oper.
ry;
•Railway
tax
accruals
Equip. & jt,- fac. rents/
$2,821,969 $10,030,640
" 2,554,607/; 8,585,980
r~
$629,198 >'/' $267,362
624,663, ■•'''■"* 448,059
*
cumulative
1-948—3 Mos.—1947/
1948—Month—1947
Period End. Mar. 31—-
Railway
Railway
The usaal-qUarterly
r
;
holders
$8,367/21$
.. .7,535,934
In
announcing
the
$1,910,136
$437,883
$761,871
income-
ry, oper.
Other income
15,207
12,141
.58,692
$777,078
$450,024
$1,288,133
$1,968,828
1
49,594
•/",
Total
.
income
—.
"//I/.
Miscel.- deductions
Total
fixed
224,034
// 466,777
10,289
92,594
3,437
,v
FOR
2
3,420
charges.—
Period End. Feb. 29—
235,537
10,413
Maintenance
Prov.
•
$1,091,777
$1,491,762
$549,607;.;; $354,010
343,639
taxes
167, p. 1475.
Federal
«
215,786
:. »
;
920,428 -' /
.
Net
from
Net
ry.
income—
oper.
From Jan.
1947
1946
1945
$390,720
1948—2 Mos —1947
Net
from
ry.
320,580
114,128
"8,438
Int.
&
Net
616,686
376,471
434,052
income../
167,
•
~
"2,105
/
635,322
ACCOUNT
FOR CALENDAR
' The
.
£./.£'.iV,
'.:£V v'.
•;/'
1946
1947
;/
SEC
$11,059,719.
ftoy altiei'j/——-——— Operating expenses
stock
V'
1,507,271
r;
-!_
1,617,753
597,949
general. expenses./!.././..
771,383
Administrative and
wells
Surrendered leases
v.
Amortization
of
467,103
investment
$8,249,913
Gross
$7,562,563
365,440
2,226,396
$2,249,638
Net ry.
51,207,000
$5,312,925
$6,023,518
Public Service
and
Jr.,
has
behalf
on
sell'such
stock
has
-
been
1,0.19,912
$2.01/
/The
over--
•
stock
of
shares
7,460
the
the
following
/• '•/
'
;
Aggregate
Philadelphia//-^ //
Other
/President
th6
to
to
and
certain
$1,107,883
636,491
/
current.. Assets--.——
the
of
stock
to
is
to
price
set .forth
be
held
purchase-any
artd
-Other investments
afid equipment—if,
of
tangible
net
ry,
173,394
'Deferred.charges
The
13,422,935
I
1
'
■
1948
income._
'1947
-
1946
1
1945
~
"
|
.
$319,603
93,891
35,629
105,886
26,045
112,481
|
41,015
*17,259
24,423
1
1,066,417
976,664
261,816
853,241
911.50fl
225.053
170,471
340,908
64,219
96,859
47,190
81,387
$311,478
1
*
--
1—
.
.
;
,
I
I
I
-
,
Period End. Mar. 31—
revenues
expenses.
and
county
$5,949,715
$4,645,495 $15,632,759 $12,757,990-
3,311,399
/
City
2,857,637
taxes.. /-
:'V
804,515
•
f
all
operates
over
•
-
82,646
260,570
527,144
1,897,704
?i
Other
Federal
/-V
taxes
not.
167,598
156,485
$3,779,735
95,622
$3,875,357
•■
.income
/
.
.
properties
of
in
Non-operating
$1,087,087
Deauct.
its•
-and
President
of
Food
Fair
I
.
—V.
are-the. voting-trustees
-X
the
of
from
inc.
■' \
.'
50.'.-'
p.
.
,
from
Net
ry.
27,997
47,489
82,843
$882,352
$3,154,982
$2,524,322
245,603
503,819
$636,719
$2,651,163
736,377
Net
ry.
*
>-
.
•
767,"
-
*17,865
*104,595
*79,780
19,692
*51,850
p. 1698.
Seaboard Air Line
(
"
V
•
621,316
744,354
*66.230
649,400
3,800
*21,422
*162,563
Z'204,481
*
*266,275
oper.
Deficit.—V*.
.
1945
$203,370-
*50,668
2.957
-.i
-
////!//.;
z
"
1946
$188,089
*90,677
,
income
1947
$295,739
railway—. /830,616
railway.:
/
11,997
income
" *225,662
from
Net
$1,786,445.
RR.—Earnings—
.
"$286,789
railway..
oper.
/
1948
railway—'!. "
from
Gross
pvQ
/ C.?
■
•
$2,441,97»
-
I From Jan. 1—
:
Hands—;
| •
595,433
767,864
$3,107,493
il63,307
'
/
from
Net
-
„
/. 16,364.
•
1698,
March—
stock.—:
company's
712,732
$854,355
$l,l62,6v2
gross
167, p,
Gross
Inc.;-
Stores,
-x;:
above.—V. J67,
122,588
$3,037,412
t
-
San Antonio Uvalde & Gulf
*
Baumgartner. Downing & Co.* Baltimore; and
Jenks, Kirkland & Co., Philadelphia.
Messrs./
and Kendall constilute an executive comniittee of
Corp.
income..
-
•
/Net. income
Laurence
T.
Howell, President of
W/; Hogeland,
Vice-President • of
Kendall,, trustee in the reorganization;
Friedland,
285,021
$1,309,745
-
$1,326,169
Harold
A.
$2,914,824^
Phila-r
/
•
:
includes
Co.;
453,424
487,393
■
$1,565,003 ' $1,021,582
45,505
/• 29,764
-
fOrth above/
set
established
> />
-
251,245
1,354^87
;
the
business
a
7,763,611:
.-
,
100,700
income
9/207,357
•,
•'
• -
taxes"
Federal
-1
,1943—3 Mos.—194.7
' 1948—Month—1947
oper.
and.
as
May
on
12
approved
V
1
"*
<4
f
v
*■
J
\
"•
f
-
'1
1"
Royal Typewriter Co.;
a
$22,346,212 $17,742,992
1
J.
Hart,
on.' May
'; "
'
-
RR.—Earnings—
V.-Vv/
>
to
of
shares
reduce
Total
the;
Net
stock
common
became
Period End. March 31—
-
oper.
ry.
" •"•'
;v
>
'
•
,
v
'
'
.
\
■ •;••••' *■
■
'
!
Vice-President
Balance
charge
inc.
of
Balance
,t
^
of
if
inc.
3,157,480
1,196,265
3,790,425
3,235,409'
2,734,704
2,206,519
1,128,169
.
after
sinking funds andt maximum
permis. cap. fund chgs.
of
3,620,219
845,035
1,485,888
/
Inc,
// all charges
■
in
/
of
1,156,864
1,428,011
income
"Balance
1948—3 Mos.—1947
1948—Mdnth—1947
$12,658,576 $11,343,797 $35,523,253 $32,710,683
revs.—.
income.^.
oper.
ry.
Total
Inc.-r^ew/V^-iPr€iii^t
3,
production.
;•
*
•
proposal
a
if
made against inc.
are
sinking funds and
1,413,710
980,230
1,802,522
1,335,151
minimum
*
d. B.
Mr/ Hart succeeded
$659,439.
Accrued taxes and expenses./.—______________
263,088
$782,667
129,215
Provision for Federal income tax.
576,445
370,000
(trade).—
Accounts payable
:—
Notes pay. due
monthly out of future production
45,583
Long-term, indebtedness//—/—_-_/_:
—_/
5,298,578
ReseiYe for self insuiance/—92,270
681,387
_r._—_
5,250,000
9,550,674
-—-—
Dr71,252
U/50,331
all
91,774
—
p. 946.
$22,346,212 $17,742/992
;
been
'
*
tc
-
elected
*
_
after
machine
41
'
•'
,
years
sales
Vice-President
r
'
/
Factory Manager,
retire
standard
;
charge
-'
,
March
on
of
of
sales
for-
•'4
Segal Lock & Hardware Co., Inc.—Common Stock¬
holders Offered Rights to Buy New Debentures—
—
»
y
Common
of
Portland Gas A Coke Co.—-Defers Divs.—Bank Loan—
V Action'
'
ferred
on
Feb.
1948.
2,
been
has
months ago
on
1 "quarterly dividends on the 7% and 6'/* pre-'
deferred.
Similar action was taken three
the May
on
stocks
.
the payments which ordinarily would have been made
This brings unpaid dividends as of May 1 to $62.76
to $53.79 on the 6% preferred stock/
preferred stock received $7 per share and the
$6 per share.
The company reported that the
omissions were due largely to high oil costs of the last year,
•
On May 6, the Securities and Exchange Commission authorized the
company to borrow $2,000,000 from the Mellon National Bank & Trust
Go., Pittsburgh, Pa., on two 4%; promissory notes payable in one year/
the
cm
Last
•'
6%
preferred stock and
I'/o
fied
petroleum
gas.—V.-164,
p.
3335.
'
retiring
;
the
Inc.,
Segal
date
issuance.
of
proceeds
The
are
to
be
used for general
construction
r
Net
from
Net
cor-
and to provide, in part, funds required to complete
work.—See also.y/;J67j/P; 946.
**"
- •
» ,
ry.
Gross
mittee Formed—
A'
commirtee
pending
has
.
been
reorganization
addressed
to ;the
All. communications
proceedings.
The
Secretaryr-
stockholders
Net
of
members
the
should
Co.,
with Jaffin,/
B. Johnston,
-
.
Public Service Co. of Indiana, Inc.—Dividend in
R.
A.
Gallagher, President/ on
Public Service Co^
record
on
May T5.
is
.
distributed. June 1
to be
Public
Service
capital "stock of .Indiana Gas At
Service I Co.r common; stock
win
>•>
'1
Stk..
April 30 announced the sixth quar-/
terly distribution of capital stock of Indiana Gas & Water Co., Inc.,,
to the common shareholders, of Public Service of Indiana, Inc.
This,
dividend, - which is at the rate of l/20th of. a share of the capital,
eftock of Indiana Gas &;Water for each share of common- stock of/
-
reduce this "percentage
^Distributions
now
of l/2Pth of
made
1)947
find 'on March 1,
a
1948.
owns
to" shareholders of/
over
,53%
of .the
•
-Water and, on the-basis, of the Public'
now
.
outstanding,
to; approximately
sbare
the June distribution,
44%../ ; ';/• //...
of Indiana: Gas <s Water/stock;
each Public Service common
were
on
Co.
.-'
oper.
share each quarter during
1945
/ 34,660
•'/
*31,785
19,761
66,312
*68,852
/ *18,188
1,376,905
1,247,383
*152,022
*30,136
/
'
country, and a wholly owned subsidiary, The Norwalk
believed to be the oldest hardware manufacturer.
Tho
is
D.)
<R.
*326,178
*129,221
*206,436
/
profit.-'
stbek
.
■
'
-
a
(par $3)./ The
v-'..v.
p
•
stock'will be offered at $5/
I
'
./
•
:•
*
St. Louis Brownsville & Mexico
'-
1948
March-
Net
,
railway™!
from -railway—/—.
Net ry/oper.
income
/
May
would
dividend of
15 cents
registration
'
owned
1948
.
.
took
5
have
1947
•
/ *$37,183
no
--;/./
action
on
■
quarterly
the
dividend
become
per share
„ . _...—.
.
was
paid.—V, 166, p. 1828.
*
•
^
-
-
The
167,
1946
1947
1845
$1,995,222
$1,861,681
$1,545,355
have
stock
7317498
421,489
364,670
322.065 :
233,619
1;098.856
291,095
4,451.258
both to holders of
On March
.
made
and
5,452,516
the
filed
with
Corp.—Decalres
dividend
of
25
SEC
'
■
a
the
(par $1)
stock
common
•
declared
and
7393)
of
656.
Manufacturing
directors
common
were
$1,965,822
670T060
/
(No.
shares
p.
Jan. 30
with--
was
-
.
Dividends—
cents
per
-
share on
quarterly dividend of $1.25 per„
share on the 5%. cumulative first preferred stock.
The common divi¬
dend will toe paid on June
14 and the preferred dividend on Ju^
1,
r
w
Ry.—Earnings—,
9.-r-V.
Shelter
the
statement
covering 80,000
May
on
the
13,
last,
paid: Jan. 29,
regular
record May 24, 1948/
distribution of 25 cents per share was also
stock, while in 1947 the following dividends;
a
common
•
GrOSff from
Safety
$36,191
—
/
•
on
ordinarily
The
,
May 7 filed
.
'<
-
March 31—
—
directors
drawn
unit; consisting/of four shares of class A at 50 cents per share;
one
share of' preferred at $31 per 'share
without underwriting./
\ Proceeds will be used for general corporate affairs.—V. 164, p. 1250.
"/
also
Service Caster & Truck Corp.—Registration Statement
Withdrawn— /... /•■/': .'/■ '-//
.■//;
//-
per
and
....( •/
Segal
wholly
years.
are
;
167, p. 159?./
41'2%i preferred
100
Inc.,
Semler, Inc.—Reports Loss—Omits Dividend
Three Months Ended
a
letter of notification with the SEC
fpr 100,000 shares of ..class A stock <par 50 cents) and 25,000 shares v
of
than
payable on or about June 11.
A distribution of 5 cents per share was made on March 12, last, and
on
June 11,
Sept. 11 and Dec. 11, 1947, while on March 11, 1947
Ryniker Hat Corp., Elmira, N, Y.—Files With SEC—
'r
including
purposes
corporate
'
"*118,836
*87,273
for
1,128,739
64,827
general
for
end
companies date back more
Razor
Corp.
and Segalock Fasteners,
subsidiaries.—V. 167, p. 1699.
which
5,365
1,482,052
$2,000,000
price of 95
each 100
a
.
The
$450,344
to
at
debentures
-"•t
income—
.The company on
"
.
;• Secretary, 117 Liberty Street/ New York 6, N. Y.~V. 163, p. 2298//;// /
r
-' V-... /.
•- -•>-'•
- - •/,■/
loans
predecessor
last and
be^
committeei are:/'
Harry F. Tate, Frank B. J<rfinston,
Robert S. Sloan
Schneider; Kimmel & Galpeer as Counsel, and Frank
-
ry.
1946
$454,037
v-
122,045
•
railway—
the
in
1947
$479,917
of
of the Sumter, S. C., plant of Segalock Fast¬
subsidiary.'.//
/
one of the
five largest manufacturers of builders hard¬
•Net
*'.•
f
subscribe
to
debentures
expansion
/
1—
•Deficit.—V.
represent
1948
$603,194
f:/'/■/•
from railway
T_
from
•//
'formed* td
Jan.
Net
r Pratt's Fresh Frozen-Foods, Inc.—Stockholders' Com¬
railway^
railway.—
oper.- income—_
From
;./://. ;://..////■
'
from
fund
principal amountLouis Segal, President,
a
the
in
Lock
Earnings—
/ '////
-•;///''
March—
Gross
rights
sinking
$100
Net loss
porate purposes
,,,
is
ware
-
from
bank
possible
eners,
;
g Rutland RR.
offered
are
convertible
of
of stock;
announced May
13.
Rights expire May 28, and any unsubscribed debentures will then
publicly offered by a banking group headed by Floyd D. Cerf
Co., Inc., of Chicago; ' Proceeds from the financing will be used for
*•
The company on May-7 filed a registration statement with the SEC
/ covering 15,000 shares <$50 par) 5%%
cumulative convertible pre-/;
ferred- stock, to be • offered at par. •/ Underwriter,
R. S. Dickson & /
Co., Charlotte, N. C. -Proceeds will be used to repay note, purchase
of additional equipment, erect bulk storage plant near Wilson, N. C.,
and
office
buildings
and
display rooms at Portsmouth, Va., and,
Winston-Salem, N. C.
Business consists of the distribution of lique¬
the -7S
preferred stock
basis
be
Charlotte, N. C.—Registers With SEC
year,
the
shares
\
I
stockholders
15-year' b%
on
of
p., 1368.
against income....
before deductions for sinking funds and capital fund purposes
charged against income in December.—V. 167, p. 1699.
/\~
be
to
ended
Rulane Gas Co.,
made
are
/. •But
Sep-/;
since
fund chgs.
cap,
l(
service.
manager
in
-,/'finge?-Iorm-keys,;exceeds';6kpectations.—y.a X67,
1
...
decided
Royal; Typewriters," said Mr. Miller, "in the six
March, 1948, are.27.9% over the preceding six months.
Sales
of all Royal
products,
both typewriters and • supplies,' are at'
all-time
peaks/ Public' acceptance of the new Royal portable with *
*» "Represented by ^,514^>hares inli94T and 2,314 shares in 1946. tAfterfor depletion
and depreciation of $18,683,662 in 1947 and;
$17,639,923 in 1946.
fAfter reserve for amortization of $1,784,686 in
167,.
has
./"Deliveries
reserves
1947.and $1/172,140 in 1946.—V.
1946,
products.
•months
'
Total —————-/———:
lattev
Starrettr,
as
; "Production of Royal Typewriters," said Maxwell V. Miller, Presi-.
dent, "is the highest, in the 44-year history of the company.
Con¬
sequently employment at the Hartfo.rd factory also is at an all-time
peak/'" ' /
/. -/•/ ' //' / /' ./
//; -.,/•■
v.
■'//■'■'.
-
the
B.
tember,
700,823
5,250,000
.6,860,532
interest in subsidiary
Capital stock ($5 par value
Earned surplus
•Treasury stock ytco.st)
Minority
when
'David
81,217
3,527,090
company—____
3948,
•
Cook
10 cents;
Dec.-15/25 cents.—V.
June 14 and Sept. 13,
167,
p. '2035.
12Va cents each;,
.//:;-'
••
'
Shoe
.
Corp. of American-April Sales Off 3.47%—/
'
'
From, Jan. ; 1—/
/•' *
Grpss frooi' railway
Period
5.989,415
railway^.—
7/ 2.196,834
Net ty. oper/ Infcome! —
ry. oper
1,141,658
Net
from
.
;'
4,891.511
1,683^20
786,179
f.
1.657,546 - 2,786.663
797,989 ; , 742,673
End'.
The
-
1948—Month—1947
April 30—
$2,942^97
Sales
above..includes
subsidiaries.-
There
sales
were
of
'318
$3,048,779
1948—4 Mos.—1947
$9,526,673
against 316 a year ago.—V. 167, p. 1699.
•
$8.393,623,,
corporation and its whelly-owne<*'
retail units operating in April, 1948,
the
.
-V. 167, p. 1592.
/1
$348,427
r---
of
stockholders
xi Henry
-
4,459,044
$383 S40
State,
*
^
capital of the corporation by retiring 10.002
owned toy the corporation.—V. 167, p. 1927.
185,94a
29,672
40,363
-
9,314,163
*265,186
'
38,344
'
1,222,822
1592.
Railway oper.
/ .Richfield Oil Corp.—Reduction in Capital Approved—
/.//_-•
;
22,859,158
4,800,861
2,222,004
oper.
Railway
The"
stbek
such
Radio-Keith-Orpheum Corp.—Stock Changes
1.
'
-
16,081,039
)■//
'
—
1
24.504,922
4,029,586
1,777,850
St, Louis Southwestern Ry.—Earnings—
/
-of
Hogeland
See Atlas
;
1,637,500
assets
subsidiary acquired—
"Total
28,516,574
26,615,507
_
--
railway//.;
railway./....
income..'
from
/
/
above.
of
and
owns
Maurice
166f; p.. 1584.7
13,073
1
129,768
32,344
over
I
;/•Deficit.^V. 167; p. 1592.
/
proposes
505,101
14,460
r
Melben Oil Co.
investment
1,615,114
«
/
,'
.
Jan.
Net
investment,
for
shares
price per share
same
taking
'
directors
Co.;
Kirkland
N.
board
V.
•«-
.
1,637,500 /
—'
z:—:
Reagan Connty Purchasing Co., Inc.—,
^Excess of
•1,683,445
railway..railway-..-,.
Net
Abrams, Jr., acting
parties
t
Warehouse
L./Bums
Hmyell,
/
A/rV./ 5,000.
797,543
1,302^143
--//■ /
tLeases, development,
896,553
-
from
Gross
of the new organization is Horace W. Wilson, recentlythe; National Association ' of Refrigerated Warehouses.
erf
Trust
Walter
Invest, in aliil. cos. not more than 507i> owned'—
.
789,854
167, p.
.
oper.
From
/•
^-'; '''11.00
other
purchaser, at the
offer
company,
board
/.Samuel
1946
Xtnide)-
Republic Oil Refining: Co..,—./
1
1
from
ry.
*
.
3,432^92
-
Per Share
82,060'*
the bid of James S.
himself
corporation
new
$$ President
<-
31
Marketable V. -S.- securities--/---.———//.'■
1
T945
•1,081,009
$7,761,113 $10,041,003
Price
/'
York_____^._/__$126,820
accepted
of
delphia for 45 years.
Girard
$2,298,709
1946
1,890,535
^
railway/^
1947
$8,660,246
1,662,433
•
i
railwayincome.:_
from
response'
bid:
1948
.•
1—
March—•
Net
common
In
outstanding.
received
1475,
predecessor
•/■;/;
/.The
———v. "
$2,457,567
ONLY
$9,306,459
-
oper.
Net
the plan, Public Service has
all of its holdings of secu¬
.
$2,105,239'
1947
$2,071,229
65,298
St. Louis-San Francisco & Texas Ry,.—Earnings—
Gross
May 1; this corporation emerged for Federal court reorganization
^proceedings as a new corporation operating four cold storage plants,
including two of the largest in the City of Philadelphia, Pa., brine '
refrigerating services and a wholesale ice business.
'
'//.//a:
/Terminal
•
;
which
Quaker; City^Cold Storage Co., Inc., Philadelphia, Pa.'
—Emerges from Bankruptcy—.
v
-•
$342,936
DEC.
$986,922
COMPANY
$1,594,767
167; p.
; / $0.33
EALANCE SHEET,
Notes and at^ounts leceivablC
New
that' the
states
intends
$0.65
$0.65
v'"//-v: '-;</^/.: ////::^/^
hanks—
of
such
Service
Management'Co.,
-$681,071
$1,669,961 / • $681,071
•
to
v./'/:/-;:/*A-
proceedings/. George
"
from
OF
r
charges and Federal
CONSOLIDATED
.
ASSETS--'
./..://
•
11.66
V.
•
$1.60
$2,522,865
$912,942,
,
On
.
.
;..•'/
reorganization
Bauin, Los Angeles, Calif._".j./_. /
111,900 /
Heine,' New -York—Z/XJ-—:-S-'
82,507
L.
purchaser
66,550
>$4.01
$2,095,611
24,382
"
income—.:
oper.
ry.
V
following
.../
;
to
"282,220
.
/:
to the
respect
-
•
-
—
:
■'
railway-
from
Net
15.00
for
13,359"
•v
CONSOLIDATED EARNINGS FOR QUARTERS ENDED MARCH 31
*''y'
"
;
J
/
194^
~
1947
1946'
—z
of
.:/''"'/ '/'/
by Public Service at the
t
share
of
Public
:/ '/■ •:///-. ,■•//,. /■
held
'V-;; ■;/.
per
order with
an
purchase of
177,476
Accrued;; /--/■
income taxes'
4,394
for^
railway.
From Jan.
$17.00
CrJL.043:
•;
////♦After • deducting v $87,*780 prior years': Federal income tax
Net profit citer
86.48%
invitation,
3,712,800
$1,001,096
12,174
'
net
over
.
—
$917,336
income.
'*
from
from
Gross
consisting
he
ZZ/LZzi!/;--1—ll—1*." $4,197,420
<r.et>/.—1,034,4y0
paid
Co.,
that
^
dividends
the
for
Gas
388,926
V'T2^46
tangible afsets of subsidiary acquired
576,445
Provision for Federal ir.come tax__
J 120,558
}Set profit/applicabieJto minority jinte^st-//.//,-;
Net; profit v ._•./
bids
607,604
49,804
.
charges
March—"
of Public Service's interests in its gas utili
-335,932,
;■•/
73,249.
,././,lCr6,762
_z
of
excess
...$
Inventories
$1,572,440
'
plan
a
107.784
296,284
■
Disposal of fixed assets
filed
147.836
/•
Non-producing
in
371,568
issued
disposition
representing
Integrity
/,>; 78,869
430,385
~
Interest *
Cash
$7,190,994
561,362
378,928
27
has
4,251,241
$7,085,873 $23,718,423 $20,642,133
959,834
1,934,436
2,393,285
41,262
161,175
' 129,580
867,532
"
available
; fixed
2,943,000
Max
668,134
98,251
Depletion, intangible development costs—...^..
Depreciation. —-r /—
-—— _—
/
2,942,000
$7,688,551
Dwight -C.
424,811
•
584,614
Depletion, leaseholds
'■»v/
2,247,818
,
608,000
'
•,,//.//x/•- ;//■:.
Bidder— :/';?■;/
James S. Abrams,
978,357
/>
*
Balance
,
2,844,825
$1,412,101
v.
,1,143,473
Taxes-/_!!!*-/—z__
income—
from
Net
April
County
such
to
$7,202,705
/
Earnings
640,000
.
$1,584,149
$1,325,529
on
1,271,965
'
/< ■'-:
Gross* income
10,692,234
1,794,284
income
Deducts,
1849/
invited
of
rities
:
~
-
$1,704,457
Public. Service
publicly
inghead gas,
-
taxes/
income
the sale or other
$7,109,864
and crude oil products.—..u. $10,959,786
Other income -tj.././—-—i 90,317 :/••/. 83,546
:/ = '• 9,295
Dividends from investments../^. ..—/.^../Zf
; 9,616
■
417,989
Ity subsidiary, County Gas Co. Pursuant
of crude oil, cas-
Gross income from production
4,442,757
12,820,223
2,040,765
2,950,170
Total
approved by the-Commission and ordered enforced by the U. S. District'
Court for the' District of New Jersey.
The plan provided inter alia for'
YEARS
4,■606,194
3,672,031
689,393
income
Public Service Corp. of New Jersey—Sale of Gas Co.
;
785,856
'
1,-534,273
$8,031,395
expenses.
qper.
ry.
Other-
1,663,651
' 3,073,321
deductions
transaction:
INCOME
CONSOLIDATED
iv
Net
oper.
•Deficit.—V.
1591.
p.
Total
9,554,503
120,309-160,339
p.
•:
4,377,720
Other expenses—
2,054,644
280,905 ■/15,398
railway..-.-.
oper.
' / l,009,656
1,504,437
Plymouth Oil Co.-^Annual Report—;
Cash
2,136,742
506,670
•521,014
-
income
167,
QA.r/ '■
x
///
income
other
^
1,438,7691,525,514-
1,346,780
939,971
income
-V.
/
f.
misc.
240,650
1,946,606
railway.—"
!' "Deficit—V.
1
1,690,017
11,428,541
1,728,748
295,868
;
J n<<)
$9,123,803 $28,135,329 $25,832,293.
FEBRUARY
1948—-12 MPs.—1947 :
1,997,922
Il<)47
1948—Month
$9,854,818
Maintenance ;of equipt/.
Transportation expenses
1—
Gross from
Net
Company
$5,203,367 $31,803,997- $27,896^16
'233,990
$753;347
*14,779
159,700
'
•
ENDED
Pei-iod End. Mar. 31— ' 7
Net
153,265
from
Net
and
incomes
Gross
$538,007
v
/
1948
/.
railway..— *
$688,994
railway—235,491
•/March—
*
Total ©per. revenues
Maintenance of way, &
structures
A.
329.544
taxes
operating
Other
-Gross
Service
R.
/V
/
-
to
.'
„•
stock,
EARNINGS
>
Pittsburgh & West Virginia Ry.—Earnings—
7,
1
St. Louis-San Franfcisco Ry.— ■Earnings of System—
667,599
v
.
June
~
common
Public
of
MONTHS
12
$5,910,924-
for depreciations.
Federal
' °Incl. Fed. inc.
7
V~V,
the
>''<298,324
v—
State/ local
income
that holders
payable
'/,
.
011
3%r/o-
.
purchased
Other, .operation _/_/.__
*
Net
'
dividend
1
AND
Operating revenues
$1,337,727
'/
declared,
—
•
June
Power
/
also
was
15.
the
.
EARNINGS
Net
stock
May
share on
per
convertible debentures who convert their debentures after May/1 but
prior to May 15 will receive both the May 1 interest payment on their
debentures and the June 1 dividend on their common stock.
-
Cr618,580 02,180,636 Crl,818,672
Cr757,336
preferred
record
of
Gallagher,' President'/stated
$831,281
1,361,820
$1,444,660
1,715,160
dividend of 87V2 .cents
10
THE
(2138)
Shell Union Oil Corp.<& Subs
.
Quarter Ended March 31—
1M0.
1st mtge. bonds, 3%%
FINANCING
'
^'Southern California Edison Co.—Preferred Stock Of¬
"Outstanding
L_t$200,000,000
6,200,000
2 Va '/o
10-year serial notes
5%> preferred stock (par $50)
5Vicumul.
convertible
preferred
,
.Oand.
TO
Authorized
Monday, May 17, 1948
fered—A
banking syndicate headed by The First Boston
Corp. and Harris, Hall & Co. (Inc.) on May 12 offered
800,000 shares of preference stock, 4.56% convertible
series ($25 par) at $26.25 per share and dividend.
series due July
————'
1973
1,
BBles, le» dlscounls and allow. 207,774.110 133,025.775 100,149.435
selling and general expenses 152,773,771 109,013,303
79,05b,548
Pro?.' for deprec., depl.,, intang,
,
.,,,
Costs,
amort.,
EFFECT
•
1M7
■■
GIVING
CAPITALIZATION,
)—Earnings—
19^8
Gross
dr«'.-»fend..
COMMERCIAL, & FINANCIAL CHRONICLE
t$19,400,000
6,200,000
146,266 6hs.
-
125,234 shs.
;
'
stock
10,244,8n
$50)—1^—J
par
tCommon
stock
$4.50)———
(par
!
80,85$ shs!
80,858 shs.
2,021,460 shs.
—
Other
profit
Income
41,848,250
credits—,
14,187,916
1,001,482
1,814,155
42,849,732
16,002,071
769,449
775,000
10,648,075
534,572
13,100,000
—
and
4,350,000
'The
2,586,000
—•
10,848.075
Dec.
X
1947
Total
income
Prov.
for
——
^de^ibCI—!---
on
Fed.
Income
taxes
(est.)
series
series
and
Electric
Income
Common
for
first
of
quarter.—
20.990,203
shares
Earnings
outstanding
share
per
tother
Income
and
10,877,071
credits
In
sales,
gross
'
less
■and allowances.
Shell
for
$0.57
discounts
"
NOTE—Net income
V
:';
V
contained
strictions
Pipe Line Corp. for the quarter ended
authorized
the
12 Months Ended
Operating
with
file
to
the
February—
IS43
Maintenanc<P!!!!!—!—
Provision for depreciation.
Provision
V
for -estimated
Profit
Other
Gross
Total
!
—
income
income
Federal
306,218
.+.!!—«——-—r———»
$1,514,987
will
——„—259,915
267,465
$1,037,511
-i—————————$1,106,867
common share (356,814 shares)-$3.10
and
oper.
than
taxes
cellations
•*'
Net
income
—~i-—
.
income—
•
Total income
Net
of
funded
on
167,
,
2,986,700
stock
—
: >
3rt Sladen-Malartic
The
—-.
1699.
Mines
Ltd.
>Claims to New Unit—
,riew
——! $8,960,029
!
981,341.8
_?$9.13
outstanding
share
per
p.
directors
on
April
would
company
4,879
income
on
common
income
y-v.
$12,038,415
-.$12,043,294
debt———
96,565
——-
taxes
income
•Shares
tNet
for
1,290,000
.———
be
approved
an
to
meeting
approval of the
of
on
May
10,
company,
share
per
the
its
on
such
didivend.
is
the
to the contingencies,
stock $4.50 par),
to
BUSINESS—South
Carolina
Power
River
It
Carolina
July
Co.
Electric
the
charter
is
the
acquired
company
which
CO;,
of
control
organized
was
from Columbia Electric
and which from time to
1911)
all
The
history
of
!
cf
some
'
.
thereafter
also
said
Columbia
the
be
which
details
shareholders
have
will
South
under
the
Augusta-AikenRy;
•
called
the
the.sale
U.
S.
wholesale
at
Naval
associations
\
,
Base
and
at
the
electric
of
production
and
companies
'
shares
of
the
outstanding
preferred
shares
at
the
of
common
rate
of
stock
share
one
for
com¬
each
Includes
sales
to
the
in
company
the
1925
the
of
,
-UNDERWRITERS—The
to
unsubscribed
stock
the
and
of
company
the
1934,
company
scribed
of
such
share for each
held,
of
Carolina
^ Stockholders
Is evidenced by
p. m. (EST) on May 25.
The 5Va%
cumulative
Aat 3
time
up
to
and
including
redemption into shares
(subject to adjustment
per
share of
common
per share). /
The company's
ferred stock
been
are
made
..ppmmon -stock
of
■■
,•
presently
on
the
for
of
the
The
preferred
second
common
offering
warrants
stock
full
stock
which
is
at
the
all
to
the
of
day
to
■<'
outstanding
the New
listing
on
.convertible
York
common
Stock
stock
31,
1928
State
by
of
James
' 100^0
to
and
;..v
:
preferred
stock
stock
a
purchase
with Commonwealth
&
Southern Corp.
(Del.) whereby the
agreed, to purchase
from Commonwealth"
all
of
the out¬
standing shares of common stock of
South Carolina
Power Co. for
$10,200,000 in cash, subject to
certain
adjustments." The sum of
$500,000 was paid by the,
company to Commonwealth
upon the execu¬
company
tion
of
the
purchase
contract
price, hiaking
c;inonwealth at the time
_
'
approval
of
the
and
such, sum
$9,700,000 payable
of
necessary
the
closing.
authorities.
will
by
The
be
applied
on
the
the
company to Comacquisition has had the'
PURPOSE—The net proceeds
(approximately $12,580,000) from the
; sale of 80,858 shares of convertible preferred
stock and the
404,293
shares of common stock,
together with the proceeds of the
'2%%
$6,200 000
10-year serial
&
4.33
general
corporation
purposes.
&
&
Co.__
H.
Walker &
J.
an
Lester
G.
H.
Crawford
Co.,
Co.,
Inc.
Inc
!
2,000
A.
M. Law
Reed
&
2,500
i.
Co.__:
$
Smith
Read
—V. 167,
p.
&
&
5,500
&
Co
South Carolina Power
Period End. Feb. 29—
Gross
revenue
4.83%
expenses
Prov.
depreciation,
Amortiz.
of
pit.
adjustments
20,000
General
Fed.
income
profits
&
140,481
excess
Int.
on
long-term debt!
Amort, of
Other
$152,004
—
debt'
prem. on
deductions
39,637
Crl50
T__—
Net
—V.
income.',——
167,
p.
1476.
,/v
$106,111;
,
" "
.
$116,757
t
FINANC^G
OF
Authorized-
»
(
($108,000,000,
{ 30,000,000
*
?
!J
'
'
)
••
Outstadtogf
bonds
•
.
[
J
40,000,000
prior,
160,000 shs.
$25)___
160,000 shs.
6,000,000 shs. ?.
1,653,429 shs.
800,000 shs.
$25)
(par
3,000,000 shs.
,'Y r'
■
1,653,071 shs.
800,000 shs.
—
8,000,000 shs.
$250,000,000,
but
increase
any
the
of
that
of
bonds
restrictions
stock
upon
3,183,091 shs.;
its
whenever
bonded
which
the.
company
the
indebtedness
and
stock,
conditions
4.48%
subsequent
be
may
and
issued
contained
convertible
therein.
series,
is
;?
con¬
conversion of
to
preference stock, 4.48%
issue
but
unissued
conversion
upon
stock, 4.48%
stock
common
of
the
will
the
the
or
of
and
stock
against
CONSTRUCTION
the
for
reserved
be
and
scrip
the
for
pref¬
common
new
to
of
reimbursement
an
Gross
to
will
net
be"us6d
to
;
expenditures hcrtofore made for
for
the
construction, completion./
facilities
Such
program.
the treasury
use
PROGRAM—The
stock
preference
certaia
improvement: of its
part
intends
AND
of
property: and
construction
>
become
above
sale
company
acquisition
a
ISSUE
OF
from
company's
also
thereafter
preference
new
convertible series,
!
extension
;
•
convert¬
new
funds
amount
at
finance
in
and
to
finance
amounts
of
the
so
in
part (he
reimbursed
company.
yill
The
company
equal to the amount of the
part said construction progrfifm.
least
property additions and betterments to the company's
tangible
electric plant for the year ended Dec. 31. 1947, amounted to $53,838,916.
It is estimated that the gross additions to plant for the calendar
years
1948 and 1949 will be approximately $115,000,000.
The (najor
■
additions
during such 24 months' petiod are"' expected 'to tte
following classifications: ,??: ■!-'! ...? ? '?:!!!!?!?!;-•:!
"?!;■■
!
electric
generating
generating
transmission
Electric
lines
General
and
engaged in
ft1
the
the business
laws
of
—
—.!
of
;
...
la the
-.v! -!•/•
$32,000,000
13J)00,000
16,000,000
47,000,000
7,<J(j6,000
—
BUSINESS—Company
under
..._
substations
—
■'HISTORY
is
an.
California
generating,
operating public
July 6, 1909.
on
.
utility
It
is
purchasing,
transmitting, distributing and selling electric energy for light, power and heat, to
domestic, commercial, industrial, agricultural and municipal customers
and other Utilities in the central and southern
portions of the State
of California.
The ^company provides service in: certain portions of
the counties of Los Angeles, Orange, Riverside, San
Bernardino, Kern,
Kings,/Tulare, Fresno, Santa Barbara and Yentura.
The ; company
364,575
,
Cr3,104
$901,536
«•'
plants——
plants
—__—!
Electric distribution lines and substations
as
agent" of the United States, certain of the electric
generating, units
located,., at . Hoover-D?di on the Colorado •River.
.The
company
also- transmits
electric. energy >from
the ' switching
station'in Nevada at Hoover Dam. to -its-major substations in the.
pta(e. of California, over three transmissions 'lines. The company has
operates,
\
,
and against scrip for common stock. Assuming all of the
preference stock now offered are issued, 2,125,380 shares
series,
authorized
the
;Crl,349
$759,777
5,000
—'1— 4O;OO0
C—
preference
no
issue
for
PURPOSE
665,184
—'
COMPLETION
(5%,
(par
amount
common
reimburse
$1,263,006
,
Co.———
'!,!/?!.:'!!!V!r ! '' -t'JS'fCxs
stock.
797,587
' 6,406.Vt; J.02,05132,148 'y
.
_
is
authorize
into
reserved
509,960
,
The Wisconsin
Dean Witter & Co
April 30, 1948, at April 30,
1948 common stock scrip calling for 4/10ths of a share was outstanding,
and 1,322,458 shares of authorized but unissued common stock were
190.200
451,842.
Weeden & Co., Inc.——— 15,000
White, Weld & Co..— 15,000
15,000
10,UUO '
$25)—
(par
principal
tAssuming
proceeds
$144,794 -$1,242,417
"
stock
thereunder
duly
verted
145,327
30,087 ~
,.
4,500
4,000 !:
Co—:
&
provides, in substance, that at the date of the indenture
of
indebtedness
which
may
be
represented
by
bonds
'threunder, under
?
582,298
income
Lerchen
out¬
standing under the indenture may be correspondingly Increased. The
indenture permits the issuance from time to time of additional, bonds
.
Gross
5,000
.
win
Watling,
20,000
(cumul.)
stock
amount
shall
•
862,315
taxes
4.000
series
ible
190,200
taxes,,:—
Walker & Co...
H.
7 Walston, Hoffman & Good-!
?!
:—u.!"
stock
incorporated
15,850
G.
2,000
(3Vi%)v—
1973
convertible
issuable
acqui.
15,850
10,000
Securities Corp.—— 20,000
Wagenseller & Durst, Inc.2,500
40,000
series
the
$7 987.6P0
4,561,663
^,
.2,500
20,000
Union
series
Hydroelectric
577,436
& Meyer—.—
!_!!—!—_
Spencer Trask & Co
4,000
"Indenture
1948—12 Mos.—1947
5,117,371
Frank
5,000
& Webster Securities
Corp.
5,000
convertible
Steam
$8,572,037
2,000
17,500
Stroud & Co., Inc.———' 5,000
! Sutro & Co.!—.u!—4,500
Co......_
4.56%
;
Co.—Earnings—
$823,001
.$707,943
456,810
355,842
57,856 !
46,130
10,000
Co—T
&
4.48%
?;!■•::'"'
y
1948—Month—1947
J
—
Operating
for
/!?;/■;;
2,000
Company..!
.
3.09
1.24
&
Brothers &
Stone
4,500
participating)
aggregate
fj 0.99
•
15,000
Co.—5,500
Smithers & Co—
S.
Stern,
Company...—
preferred
cumul.,
1.24
1.24
Hutzler..
&
&
William R. Staats Co
Stern
2,000
1.24
0.99
:
•
20,000
refunding mortgage
Series of 3s, due 1905
Series of 3148, due 1964
Original
1.24
Inc..
.
F.
;
Cumulative preferred stock (par $25)
! 4.32% series
——
1.24
Co., Inc.—.i——
Simons,
2035,
Shields
_
3.09
■
15,000
&
Weeks..— 10.000
Series A, due
1.85
•
2,000
2,000
Sons Inc..
Rollins
H.
10,000
Gardner^....
&
Schwabacher
5,000
and
shares of
1.24 ?
pressprich & Co.^^;
-Salomon Bros.
2,500
10,000
—_
5,500
First
0.74
•——"?•'1.24
—
E.
2,500
of
1.24
...
Co.—.—
Co
Frank S.
Frost,
&
Reinholdt
«
4.33
0.62
10,000
R. W.
Putnam & Co....-^.^.^.-
CAPITALIZATION UPON
plus
1.24
—.——
Kinloch, Huger & Co
Curtis
,
4,500
.
1.98
•
&
4,000
Co........!__—.
&
2.47
-
5,500
4,500
Jackson
Webber,
.
4.33
;——-—...—_.,!1.24
California
of
5,000
Co
Irving Lundborg & Co.—
4.33
Pringie & Co.^.^jj^i.i..!!!!—_:',!1.84
Chace, Whiteside, Warren & Sears, Inc..-.-——.
1.24
2,000
4,000
Paine,
St.
3.03
Co.
4,000
Co
<fc
Pacific Northwest Co..
—
for
v
Newton
10,000
Securities Corp._
The Illinois
erence
;
M.
Inc.——
Burr,
Hutton
F.
E.
4.33
4.33
Maynard H. Murch & Co..
E.
10,000
J. J. B. Hilliard & Son—
4.33
'
Co.
and
5,000
4,500
Co.__^_ 40,000
<fc
a—
California
4.33
H.
Conner
2,500
Co._„.__
Shuman, Agnew & Co.——!• 4,500
4.33
i^.!12.47
Stifel, Nicplaus & Co., Inc.i.—. 1.9T.
James
Milwaukee
Chas. W. 8cranton & Co.__
4.33
r
Folger, No'.an Inc.—
-
Revel Miller & Co...
Inc.—w— 20,000
& Co.—
4.33
•
the
purchase contract.
(2) $1,680,000 thereof is to be
used to provide
funds for, the'retire-mept of ai'like
principal amount of notes of the'
Power Company ,
*.*<3) The balance ofr such net
proceeds will be added
to the cash
Minds of the company fo* use
for
Co.,
Collins &
4,33 ?;
...
•■
notes, are to be applied as
follows:
(1) $9,700,000 to provide
funds for the
payment of the balance
of the purchase
price payable to
Commonwealth & Southern
the time of the
Corp. at
closing in connection with the
acquisition of the out¬
standing shares, of common stock of the
Power
Company and $500,000
thereof is to be used to
provide funds for
the repayment of the
temporary bank loan made to the
company in connection with the
•initial* payment.to Commonwealth at the
time of entering into
4.33
Co.
A. Evans & Co., Inc.—
^ ?
3.09
Johnson, Lane, Space and Co., Iric—..—: *3.03
Winslow, Douglas & McEvoy....—.—3.09
pre¬
• Application
^of the shares bf
how' dffer^d.
company entered into
contract
&
Hill Richards
,
unsub-
—.—4.33
—
Inc.__
Co.
Morgan Stanley
100.0
and
th©
,
No. of shrs.
&
2,500
2,500
Eichler
tCommon
Robinson-Humphrey Co....
Schoellkopf, Hutton & Pomeroy, Inc.^._——
Shields & Company
:
G.
!;/ //
5%
Co
Marks
and
•;
The
Total
$159,402,
so
purchased
Mitchum, Tully & Co..'
Harriman Ripley & Co., Inc.
t
/ $8,335,530
on©
Merrill Lynch, Pierce, Feni!
ner & Beane_^._!^_^_„ 20,000
Hayden, Stone <fc Co.—10,000 «'•
South
Island,
V Clement
Exchange.
such.-'Exchange
preferred
'• "•
:
.
ACQUISITION OF COMMON STOCK
OF SOUTH CAROLINA
POWER
CO.—Under date of Oct. 28, 1947
the
'purchase
'
conversion
price
certain
contingencies)
of
$7.14-2/7
(taking the convertible preferred stock at
&
M.
The
at
prior
.
..
Estabrook
to be
•>"
•
Corp..
2,000
Glore, Forgan ft Co.— 20,000
Goldman, Sachs & Co
20,000
common
Laurence
underwriters
2,000
Hornblower &
i Amount
Equitable Securities Corp.-———.—..————
expire
several
preference stock
2,500
.
common
will
convertible
business
./
^listed
and
Co.
of
under
stock
$50
has
Power
subscription
convertible
-
any
notes,
the
new
The First Cleveland
two
South
of
series
4,500
First
...
stock
4.48 %
Equitable
-
common
con¬
Eastman, Dillon & Co.— 15,000
Elworthy & Co.!^_
4,500
stock to be purchased by
each, as follows:
and for the new common at
the rate of
••
shares held.,
!'" .!■•!!!•. •'!••! !! ,';•• . f/o of Unsubscribed Stock
?'!?!!!
The offering is
!.!/'!!
conditioned upon the sale
Common
Preferred
by the company, of all
of-such shares not
subscribed for by the holders of
Kidder, Peabody & Uo~.:
19.85%
the subscriptions
—18.75%
warrants, to the issue and sale
Eastman, Dillon & Co
by the company of $6,200,000 of
6.43
6.43
its
>2V&% 10-year serial notes, and to
Hornblower & Weeks
the purchase by the
6.43
6.43
> to
company, prior?
or
simultaneously with the issuance of the
Wertheim & Co..
—w—' 6.43 '
;
6,43
convertible preferred
stock, common stock and 2%%
.White, ■ Weld &
y■ -■ 6.43
10-year serial
6.43
one
»
0.8386 +
to
the
14ths
so
(assuming all
the conversion
2,000
principal underwriters of
unsubscribed
series
stock
*!•!-'•'
C.
Drexel
the.
portions of the 80,858 shares of convertible preferred
the 404,293 shares of common stock
being offered by
initially to the holders of its outstanding common stock
percentage
of
names
Crowell, Weedon & Co._^—
Henry Dahlberg & Co.!!!!
Davies & Mejia_„
Davis, Skaggs & Co
two
amounting
the
of
of
Maxwell, Marshall & Co.__
Julien
.
of
names
4.48%
adjusted
share
outstanding
rate
issued)
are
been
each
the
preference
hereby
have
for
of
now
McAndrew
Coffin
certain
Total
Company
subject
certain
20,000
Clark, Dodge & Co.
back
dates
for
80,000
Blyth
';60.3\fT.$6,383,707 * 76.6
9.7 1
696,745
-'' 8.4
f 255,016
15.0
$8,589,6^2
Power
facility charge of $45,443,
and
ten!
will
stock
Hall & Co., Inc.—_
Preference
——.1—li
Totals
*
subscribe
may
Amount
•
>'''839,3f4
Transportation?! 860,*04'
Bus
$6.50 per share.
Kidder, Peabody & Co.
heading an underwriting group that;has
agreed to!
^purchase any of these shares remaining after the
close
of the subscription period on
May 25, 1948.
convertible
of common
.'iv!!""'■
Electric
is
the
scries
follows:
are.as
Bateman,
!/y!':■'! ! v'y
!-
* *
*
The stockholders voted on
April 30 to increase the
!•- Gross operating revenues of the respective
company's capital
companies for the 12
from 4,200,000,000
lire to 8,400,000,000
lire, it was announced on!: months ended Dec. 31, 1947 were us follows:; i
May 12. The increase will be effected
through the issuance of
3,500,000
new common shares
!;!
of 1,200 lire, par value
?!:,'.!,!!!»;!;;!■'!,!
—-—Company—— —Power Company—
each.—V. 150, p.
3676.,
' •
%
of
'Gas
share
new
1 Central Republic Co. (Inc.)
Company is also engaged
by bus .in Charleston, North Charleston,
Phillip's,. St. Michael's and St. Andrew's-Parishes,-,
: South Carolina Electric &
Gas Co.—Stocks Offered—
The
company is offering its common
stockholders of
record May 11 the
right to purchase 80,858 shares of
5l/z% cumulative convertible
preferred stock ($50 par)
at $50 per
is
of
Ball, Burge & Kraus—.
8,
municipalities, to
rural cooperative
sale of
manufactured
gas
in
in the, transportation of pas¬
to
rate
the
at
Pacific
Since
energy
and
Charleston.
:•
Holders
4.48%
common
•
Charleston
each
offered
now
stock
5,500
sengers
■
for
shares
(
and
agreement.—V.
($4.50 par)1
for
preference stock
common
issuance of the
—
166, p. 1998. .'!. >;:
Snla Viscosa (Societa Nazionale
Industria Application!
Viscosa Anonima), Milan,
Italy — To Offer Additional
Stock—
N
-
stock at
the
of
into
Power
•
mon
stock
common
800,000
of
series of
Electric
&
'
*
stock
The Ohio Co
Carolina
-
deliverable
are
occurrence
2,000
V
laws
pre¬
common
conversion.
J. Barth & Co.„
cf
Carolina.
of
common
conversion
the
upon
Allyn and Co., Inc.— 10,000
AuChincloss, Parker & Red>: path 'u!!.^—?
»»!!!#!! 4,000
in the
consolidation
Power Co.
;/
been
be
the 4.48%
convertible
Co., > Edisto Public Service
Kidder, Peabody & Co.—..
Corp.,, and
Georgia-Carolina y Kirkpatrick-Pettis Co.——
Kuhn, Loeb & Co
Power company operates in the southern section .of the State of
Laird, Bissell & Meeds
South Carolina.
It is
engaged in %ie generation ^nd purchase of
W. C. Langley & Co..—r.
•.electric energy and, .its distribution
and-sale at retail in/138 com¬
Lee 'Higginson Corp...—
munities, incorporated and unincorporated, as well as in rural areas,
Lehman Brothers
Co.,
a
transferred
of
Upon the
the
;(r A.
,
of
of
stock
unless
of
stock
share
Bosworth, Sullivan & Co—
Brush, Slocumb & Co._—
constituent
dissolved.
was
preference
time
common
The
time
the
at
one
stock.
to
new
Bingham, Walter & Hurry
transferred to
were
number
a
between
time
of
No,, of shrs.
'
agreement
preference
from
effect
of
the
Railway,
in 1891
South
time
-
0.921
of
Ry.,? Light and Power
between 1892 and 1925
in
o*
on
Harris,
Co.
March
to
on
and
thereafter
The First Boston Corp
local electric distribution systems
vicinity of Columbia, S. C.
■ V
?
$4,004,447
The company
is engaged principally in the generation, purchase,
,; 772
transmission, distribution and sale of electric energy for residential, ?■ •
commercial, industrial and other purposes, at retail and wholesale, in
$4,005,219 ?? the central section of the State of South
Carolina, and the sale of
98,565
electric energy
to other power companies and to certain rural co¬
! 983,000
operative associations and municipalities for local redistribution. It is
also engaged in the manufacture, transmission, distribution and sale
$2,923,654
of manufactured gas for residential,
commercial, industrial and other
981,348.6
uses in Columbia
a»d two other municipalities/ and in areas adjacent "■:>
$2.97
thereto.
Company is also engaged in the business of operating a bus
Mining !
of
one
by each
Street
v:>:
company
has, acquired
new
is
in
shares
respective numbers of shares of
corporate
perpetual;,
on
and
thereof, at any time
non-assessable shares
and
price
UNDERWRITERS—The
($7.50
Gas
&
under
of
changed to South Carolina Electric & Gas Co.
1925
of
shares
shares
semi-annual
1924
19,
Duration
prior
or
converted.
present intention
pay
redeemed
prefer¬
new
on
thereafter
"
verted.
payable June 28 to holders of record on
the common stock ($4.50 par) now offered
of
serving various communities
under
would
share, and 404,293 shares
of
semi¬
stock
common
the
redeemed
_
rate
paid
if
shares
holders
of
which
at
conversion
originally
were
1948.
company
option
into full-paid
par),
South
in
Electric
Carolina
agreement
When
general
AND
share
of
par
if
redeemed
$26.50 per share,
conversion
adjustment
The
for an
sale of said bonds.
The additional
the Interest rate will depend on market
of the
receive
to
Broad
1852,
and
1,222,000
claims of National Malartic Gold Mines Ltd. and
those
M Sladen-Malartic Mines
Ltd., excluding those upon which its
mining
.plant and other structures are erected.
special
application
transportation service in Columbia and its environs.
'.! South Carolina Power Co. was organized on Oct,
?the mining
''agreed upon a
,to secure their
Commission
15, 1946, the date of the distribution of the
properties of that company
.
Transfer
which
each
events.,
The electric and gas properties of Columbia Ry., Gas & Elftctric Co.
were
transferred
to the
company
in 1925, and the transportation
/!./■;,?!!!-!!■'!
29
incorporated
S.
changed
lina,
to
>;V;;
To
—
P.
if
of
prices
share,
per
RIGHTS—The
at
rate
such
to
has
acquired directly or indirectly the properties of various companies :
engaged in electric, gas and transportation businesses in South Caro¬
(net)———————,i!—
Interest, etc., charges
.Provision
——
In
&
Co«„in
^
————-
was
(name
gen.
—
of
1937.
on
operating
Other
($4.50
organized
Gas
$2.49
■'
.
*
directors
and
cents
25
holders
Name
1946
7947
$40,896,788 $23,147,883
exps., and taxes other /
income--—!
25.033,525
15,863,788
Depletion and depreciation
2,534,848 *.. 2,057,643
Exploratory costs, delay rentals, and lease can'
)
'
of
and
HISTORY
Skelly Oil Co. (& Subs.)—Earnings—
Costs,
of
issuance.
parent
stock
entitled
name
$889,303
per
167, p. 1050.
board
the
at
initial
upon
28, 1946, June 27, 1947 and Dec. 29, 1947. On May 11,
directors^declared a dividend;Of 25 cents per share on the
17,
be
was
148,205
*
/,
Quarter Ended March 3i—
/V!?!"
Gross operating income—--——I.-.,———-—
3
of
the directors,
subject
dividends on the common
$1,304,977
ii.-.-i—-—$1,255,073
preferred stock—.•_—•
148,206
on
stock
Dec.
the
June
...
l-
issue
197& and
time
dividends
on
1948
common
;
V.
annual
par)
277,737
—.
,
accrued
Balance
the
at
of
——'
income
Earnings
the
in
mature
formerly the
Corp.,
$1,027,241
389,113
/
The
redemption
$27
share,
per
1958;
convertible
The
additional
Carolina
DIVIDENDS—Since Nov.
541,byi
406,982
•
$1,125,875
.—'.
The
liabilities).
current
1,
CONVERSION
are
company's common stock to the stockholders of General Public Utilities
297,^8
634,162
taxesi—449,620
■!—T-
(net)
income
Dividends
taxes——~-~"y
income
deductions
Net
*
■*—■-
—
Taxes other than Federal
under
indenture;
an
tChanged former shares of $7.50
1947
iSi'n
1,873,710
236,471
266,474
—
authorizing
will
conditions
$o onl'Ins
2,295,405
»
of
South
order
Co.—Earnings—
revenues
the
in
issuance
bonds
Oneration
year,
follows:
viously redeemed,
$1,500,000 of first mortgage
bonds under the indenture and the company plans in the near future
March 31, 1948, amounted to
$791,497 compared with $503,305 for the
1947 period and $379,000 in 1946 period.
No dividends were paid by
Shell Pipe Line Corp. in this period.—V.
166, p. 2564.
.
• *
i
Sioux City Gas & Electric
26, 1955
classified
PRICES—The
as
$26.75
to Jan. 1, 1963; and $26.25 per share, if redeemed after
1/ 1963; plus, in each case, an amount equal to all accumulated
unpaid dividends thereon to and including the date of redemption.
and
notes, due in equal semi-annual install¬
(exclusive of $240,000 of such
Jan.
to
one
are
1953;
prior
or
Jan.
company
13»47®'6^
*2.15$0.81
Included
within
1,
prior to Jan.
plans to advance $1,680,000 of the proceeds of the proposed
financing to Power Company to retire the above mentioned 2'A'h
notes, after the Jan., 1948 installment.
S T
'!
!' ' !! •
tAdditional bonds may be issued only in accordance with the re<
13,470,625
—
Power Co. outstanding at
refunding mortgage bonds,
Co.
$120,000
due
notes
Carolina
first and
stock
Jan.
1975, $4,000,000 of first and refunding mortgage bonds,
1977, $1,557,000 of Charleston Consolidated Ry., Gas
5Vo consolidated mortgage gold bonds, due March 1,
due
and $1,560,000 of 2V*%
1999,
ments
Net
South
of
$8,000,000 of
was
due
3%
3'/o
'
Interest
debt
long-term
31,
REDEMPTION
ence
1,212,880 shs.
'
Operating
,
.
,
m
•Volume 167
THE' COMMERCIAL & FINANCIAL CHRONICLE
Number '4699
in the "States of Arizona and Nevada, but*
not as a
Its principal executive offices are at 601
West Fifth Street, Los Angeles, Call.
The company has* only one subsidiary, Edison Securities Co., (Calif.)
tvhich is wholly owned and which is primarily engaged in the business
Of dealing
in lands acquired - in connection with the operations of
to do business
public Utility.
Qualified
1948, International shares from-'Imperial Oil, ltd., in accordance with
an offering presently being made by Imperial.
xeVenue
of
oil
gas' rights.—V.
1
and
$581,042,
major portion
167, p. 1927.
of
the
which
total
Southeastern Public Service Co.—10-Cent Dividend--'
The
•
share
the
on
.May
oh
directors
20.
An
May
10
declared
dividend
a
of
cents
10
holders
capital stock, payable June 4 to
initial distribution of 15 cents was
made
right
a share, U. S. funds.
This offering is made on the
to purchase .32 Of a1 share' of lnternational stock
Imperial held.
'
Standard Oil of New Jersey now owns 18,898,000 shares, or approxi¬
mately 69.75% of the Imperial stock and expects to acquire* pursuant
to the Imperial offering, 6,047,360 shares,
or 41.64%, of the total
outstanding • shares (14,524,088) of International.
.
,
$9.20
basis
per
The
record.
15,
of
„>. /
Southern Colorado Power Co.—Weekly
Output-
Separately Operated Solely Controlled- Affiliated Companies)
Period End. Mar. 31—
194fr—Month—1947
48,848,431
revenues-
By: oper. expenses
36,229,440
Unemployment
605,466
.
1,276,999
1,158,926
income
Other Federal
State,
-
2,676,304
5,626,271
and
county
>
taxes
119
-
Equipment rents, (net) -"
Jt. facil. rents (net)**_
•'
.
>
33 "v- >175
;•
1,279,593
Income
ry.
113,482
106,337
5,118,966
2,175,940
Other
income
oper.
4,065,048
-893,268
income.
—*
Misc.
Fixed
■
Net
*Net
of
income
controlled
fConsol.
adjust.
Consol.
net
-.152,840
1,616,787
4,755,717
? 5,022,367
realized
8,989,520
./
: 754,299
175,126
(Cr)
213,050
*
10,377,865
10,597,744
V
6.052,093
'
^System.
-
1—
Cash:
in
;
1945
1946
>>••
>
>>■>>;' \
;
■9 Days End; Apr.
Net
$
>
—V.
v','!r«KV
9,484,334
1927. :/*/>> >'/
P.
Cash
.
30
Jan/
■
%
.
$
-
and
declared
,
:
accruals-——*
•,
_*—>.*/
100,062
retirements-
70,992
come.
-
,
(other
than
55,890
>
*
939,177
M
share--***—*;
419,393
3.121,531
$4.17
$4.44
"•
1
•
■
•
on
income
J
77,238
1*049,109
$5,294,570
2,429
.40,417
mon
—i
-
V;
$5,334,987
$4,465,329
1,653,815
.
1,823
,
$487,470
—
839,548
.
$4,000,000. "
.
(l
164, p.
record
Adjustment
■
recurring
■:
stock—
net
items
shares of
certain
of
amount
-2-—i—
i
common
stock
$3,057,598
*'■.** **;'
will
PBblics^ions/Inc.—-New
-4,041,338
746,054
Tax
242,302,954 206,542,984
*
■
dividends
declared
;*—
liability (other than Fed. taxes
The
to
inc.)—)
on
taxes on income..
j
affiliated cos. (not current)-*
'
164,000
payable—banks—due July 31, 1948—*—*
debentures, due 1951
Purchase obligations and deposits, on- leases—>_
•Reserves for contingencies——"—
Ten-year 2'/4%
$2,390,982
y
$1.93
$3,057,598
;
adjusted bail.
(
:iive
$2.47
?
Reserves fcr replacement-of
entitled
> >'■: •' "
be
Minority
4Va%
interests
stock purchase warrants attached).
Earneds
.
/surplus /k*»v—:r*Z**fc*>.—^ J_
L—*-*;
common stock 'i—i—————*/—*
'■fTreasury
/ Total
—
years,—V. 167, p.
/k*r——1
—
;
,
>,
.
from
i
-
Prom Jan.
1—-
-
from
Net.
'jnf,
^'167.
at
clean
Record—
-
L.
for
Martin,
a
Okla.; Was voluntarily shut down for inspection
liaving established the longest continuous run
Dubbs xlhermal-cracking unit, it was announced by
p. 1511.
}
1945J
22,506
$196,032
81,938
10,199
.
15,551
25,186
:
-
^
454,350
113,951
345,220
74,198
37,290
479,295
J
>>549,382
i 213,739
71,942
30,875
"
107,434
37,177
,
-
;'
Trust Co.* of New York has been
Sun Oil Co.—New Records Achieved in
>
.
s
1947—Joseph
IN. Pew/Jr., Chairman^ pi the Board,- and Robert G. Dunr
lop, President,, said in part::
t
-
^
V A
.
/;
>■'
1947
1948
>Orosi
from railway--—-• $2,010,435
from - railway-—
390,360
68,561
Ne|?r^'.
oper, income.—
1
' $274)770
>/
4/100
$264,154
201,531-
182,667
.
27,087
,
28,000
12,743
$46452
,
$40,74%-
226,600
226,600
$0.18
$0.20
.
$1,729,804
460,390
7; 214,714
:
.
7;
$2,309,233
,
230,266
--
5,089.237
5,827,653
1947
$371,269
*
44,111
*12,213
1946*'
1945
$312,350
50,732
$390,380
•
12,190
693.
-
From Jan. 1—'. /?■
Gross from railway*/—
98,148
45,984
Net
from
Net ry.
?
•
1,058,772
income—
856,674
120,439
1,105,666
50,550
,*170,271
railway
oper.
86,026
*30,252
,
*26,550
1,080,196
-256,124
118,204
*Deficit.—V. 167, p. 1594,
Texas Engineering &
Mfff. Co.—New Contract—
'
Co. of Dallas, Tex,/ has completed
Si Manufacturing Co. for »fche
assembly of 26-horsepower all-steel frame farm
tractors at the
TEMCO- plant near Dallas, H. L, Howard, - TEMCO Executive Vicepresident, announced on May 1.•'>,
•
.,.//"
> Initial production is for 2:000 tractors before the end bf the year
and planned eventual^ output
is- 500' units • monthly; according to
; Harold
J. Silver of New -York,- President -of Intercontinental.' rSttver
said" world-wide
distribution
of the
tractors- is
planned, and that
.several* firm orders have been accepted.—V. 167, p. 1735.
Intercontinental
Manufacturing
/arrangements, with, Texas Engineering
'
Texas Mexican
facilities
Ryi^Earnings—
1946
19451947
1948
••
-recognition-of/the inadequacy, of normal-depreciation .for-this pur¬ ,/>Maroh—^ v -,V ./,
$249,160
$186,759
$165,938
/Gross from railway^***/
$249,758 •
pose due to increased prices,
.
•••*
?
: 1
Net rfrom railway-——
125,923.
.27,407
.50,658
93,982
•These net
earnings^ were - equivalent to $5.28 per share on the
;
.♦4,075
26,339
95,327,
■Net-'ry.- pper, income-**,
47,163;.
14.528,532 full shares of Sun common, stock as - of. the ^year-end, v or
$5:81 -per share-on-the-4,120)684; full shares outstanding priortto Dec. 30,
From Jam 1—
(Gross from, .railway**—*
654,745
531,411
1947; the record date of the 15% stock diyidend. This compares with
451)412
685,671
•earnings per share'in T946 of $4.17.
.
. >*
Net from •railway*^*—i:
152,133
279,696
35,071
•
235,118
•. *• operating: oil wells ip whicb Sun. held: 100%, interest numbered 2,469 •
: Net ry.' oper/, incom-?***
183,749
60,589
*42,231
105,173
on Dec; 31, 1947,- compared" with 2,386- wells a year earlier.- In addi¬
♦Deficit —V. I67i p. l594.
(
)
tion, it held a part interest In 1,161 oil wells against 978 the previous
year.
•'
;
:
',
Texas & .New- Orleans RR.- -Earnings—;
. 1
" :tz
The company, at-the ena of 1947.held by fee, mineral fee and leases/;./'
1947r ";f — 1946
;:-l945*r'
oil production rights on 378,705 acres in the United; States-of. producing
/ ' March^
1948 :
Gross from railway—*j $11,237,304
$9,783,583
$8,609,253 Ill^MSd
•territory, wholly or- partly developed," compared with 359,759 acres
-at the end of-the previous year/ It also had-7,595,240- undeveloped acres3,363,889
713,542
4,$77322
4Net-from-railway———
*3,514,608
in the United States aa against 7,444,141 acres, at the end of 1946Net- ry. open income—* t
1,467,192 * 2,168,364; ;*142$^4«3^
1,489,142"These undeveloped acres, acquired as a result of geological and geo¬
;
; - '■
From JaiL,l~/...,*
/•.
physical research, constitute.the hope, for future discoveries.^ /,, . ..
.Gross "fibm /railway—* ,• 31495,623
27,313,832 > 25^698,120 31,m«M
During the ■■ year the~ comi»ny': was able * to completely retire its
6,308,302
12356,804
<Net/Irom- «alkwiFi.jJi_*.'- -9,130,738. 8,609,392•debentures in;the,amount of A2.000.000.and td return to the $30,000,000
3,564,392
Net ry. oper, income*—
4,721,974:3,379,745
3,649,291
eredit fund -the $3,600,00(h
year
•
:
.
43,271'
709,487
251,513
^fan, 1—•
Gross from 'railway.—_e
:
/
in
•
V"'1946''> '.3945
$1,807,654
.
.
,
-
3,353
.
new records* in orud* oil production, transportation
refinery operations, and -marketing,, resulted -in Sun Oil
Co. and subsidiaries: in 1947 achieving xiet^ earnings of $24,339,913, after
-Another year -of
setting aside $4,800,000 as a reserve to replace^ property,and
Net-*
-
•movements,
Spokane- Portland & Seattle Ry^—-Earnings—
>'•
$260,054-
>;;■
Executive
The1 Guaranty
-
1948
$416,402
61,882
from
railway——
Net from railway—*
Net ry. oper. income.**
after
appointed transfer
/agent for 800,000 shares bf 4'/2%
cumulative convertible preferred
/stock, series B, $25 par value;
bffering^see V. 167, p. 2036.
vi
'
railway——
;March—
Gross
/
Allen,
out
Transfer Agent Appointed—
f:
$116,469
38,560
oper. - income.^
1945
•
$271,417
Tennessee Central Ry.—Earnings—
this
Proceeds
167,
19467
$159,408
56,079
33,126
-
^Dijoss from railway
Net
1947
*
$194,609
railway-—-
Net- from railway,.——^,
ry.* oper. income^
1946
..
..
Vice-President.
The cracking unit started
record run at 9 ai,.m. Nov. 10, 1947, and continued operation
until 7 a.m.- April 29,-1948,* during which period it processed 1,373,675
barrels of charging stock, an average of 8,037 barrels daily.
F,
;
'Gross
242,302,954 206,542,984
,
-
Nefr
38,452,703
Br527,358
deducting $3,080,000 U, S. Treasury obligations held for pay¬
(Represented by' 4,548,278' shares in 1947 and 3,446,840
.shares In 1946., (After reserves of $162,406 in 1947 and $169,874 In
1946.
8 After reserves for depreciation, depletion and amortization of
$137,631,347 in; 1947 and $127^71,701 in 1946. ^Represented' by 14,277
sharfes in 1947 and 11,897 shares In 1946.—^V. 167; p; 2036.
•
•
cracking unit at the corporation's
three-furnace Dubbs thermal
record
; on
Spokane International RR.—Earnings—
t
42,155,774
Dr527,393
ment of taxes.'
>
1369.
Sunray Oil Corp.—Unit- Establishes
and
general. corporate * purposes.—V.
1948
"3",170
12,273
9,319,700 ; 9,319,700
134,618,316 118,341,614
company
refinery
Martinsville,
6% debentures, due 1068, at par and interest.
March—'i..i
2,766,850
867,172
4,8~00~000
•—
class A preferred stock- <par $100)__.
stock (no par value
(Common
President—
1,005,648
2,528,677
>
fixed assets—i—**
March—
C. T.: Williams & Co., Baltimore, on May .5 offered $35,000
-
250,464
3,600,000
2,000,000
1,150,914--
for sunken vessels—*——:——*——
Reserves
.
,V$l—Bonds Offered-r-Bioren & Co.,; Philadelphia, and
1927.
224,791
—
,
^
1,237,354
Southwestern Virginia Gas Service Corp.,
V.
21,151,428
104,848
1,157,252
6,294,221
1,610,006
•Notes
.
The
for
741,375
15,977,106(
.
_
be. used
104,848
.
*
Provision for Fed.
.
$2,554,982
..
31,341.839
•
—_*_***.
liabilities
Accrued
'>
>:/:„
.-P.•'>-',>>>
7
1,905,000
932,613
(less reserve)—
.
,
.
non-
——
applicable' to
Earns, per com. share on basis of
•will
$
■
$2,811,514
256,532
''
——
————
Adjusted.: balance
,
,
$3,397,272
339,675
..
for
1946
,
,
/.
payable
Preferred
1,504,181
/3>;v> /.//>
May
less)—
security investments
LIABILITIES—
I—--***——-**—■.. $64,352,623
Stockholders' of
1126. r.
or
Securities of affiliated companies*.
Indebtedness of; affil. cos. (not current)-*
-
$4,453,89*.
1,937,714
—.
—
—
.
——
TolAutograpli Corp.—Earnings—
is engaged in the distribution and sale of liquefied
petroleum gas, principaliy^ propane and butane for household/ farm,
1947
Quarter End. Mar. 31-—
1948 .
commercial and industrial purposes, and for motor vehicles, in subEarned ? service charges'
$309,782
$341,842
urban
ami- rural
areas
of Southern California
located beyond the
Gross profit on sales 0)
reach of the gas mkins Of established gas utilities. :'
/'//;. / > ; ; ;;
supplies & accessories:
4,673
5,160
Company was organized in January, 1948; to acquire the business
.and assets of Home Gaa. Co.*'and Rural Gas & Appliance Co. operat- 1
Tbtal
k.*——**—i
$314)948
$346,515
ing in Beaumont, Redlands: and Ontario. >
*
<
263,188
Expenses, incl. t deprec.
259,302
*/ Proceeds from the financing will be used to acquire the California
Normal and surtax*—?*
33,141
.19)669
Butane; Co., which operates in the rural areas surrounding Los An¬
Excess profits tax fiiet.) ..."
■**■•
geles, Santa Anaj Colton,
Imperial, Santa Maria, Beaumont and
>> Net profit
•Ontario, and the unincorporated towd of castaic/
$32,091
;/■ $&4;<m:
Officers are W. R. Sidenfaden,. President, H. E. Owens, Vice-Presi¬
Capital shares outstand.
226,600
226,600
dent and Treasurer, and R. C." Harris, Vice-President and Secretary.
Net profit per share
$0.14
$0.24
Headquarters of the company are. in. Ontario, Calif, ;
—V. 167, p. 1594.
/
The warrants entitle the holder of each debenture to buy 50 shares
of common stock at $3.50 per share after one year for a period of:
;
11,434
$407,742
.;
Accrued dividends cumulative preferred
Balance
.1547
$
hand
r
Net
■
'
■
Total.
87,498
526,463
;
645,524
■
$405,313
T
$485,647
oper.
Gross income
15,666,543
419,393
3,433,487
•After
J; \ 789,197 f
933^82
72,892
.
97.011
taxes)
income—_
Othefincome
•
*
—
>Alien L. 1 Grammer; formerly^ President, has bedn elected Ubairman
bbnrd and Executive-Officer, Gerald H. Smith, formerly Execu¬
tive. Vice-President, haa been-►elected Presiaent,-r-Vf 165; p. 2714. 1
in-
Income deductions
1
'
of tbe
f
Net
14,726,551
419,392
13,948,154
f$5.28
—*
;
-
banks and
in
Other
.
,
,
Taxes
24,339,913
—
—*
58i
$04,966,584
—
stock outstanding (without par value)—
Street ;& Smith
>/1
:»>
97,982,826
,
for
15,667,121
1,915,001
936,358
4,059,518
t: Other investments
(less reserve
959,662
^Property, leaseholds,- plant equipment, etc.—*" 136,500,595 114,622,553
Prepaid' and deferred charges*—
2,693,868
2,717,812
■
$51,888,055
*->
-J—*
assets
vote.—V;
"
/:>/;>':v v,■>
/ /
■
——
*——**
payables
.
1947
,
assets
>(John B.) Stetson Co.—rNew Loan—,
i to Apr. 30
1948- &■
;
■■"'>//';>
quotatiohs (cost $44,671,283)
y
.
Company has called- a special meeting for July 12 to consider a
15-yearrloan: agreemtnt with the Penn, Mutual -Life,■ Insurance -00.
and four Philadelphia banks, it was announced May 10.
This action
would increase the Indebtedness of the firm by an amount not ex¬
•
to
>
,.
MARCH 31, 1948
.
Froy.
14,727,558
1,007
796
4^00,000
22,401,186. 14,671,310
Marketable securities-—
;*„
_1——
21,508
20,942
(Accounts and -notes receivable-*————*
29,275,448
28,107,215
Inventories \ '-i;*—i-— -——_****_—■ ■' 44,185,344
37,180,693
Cash in replacement res. fund (sunken vessels)
1,351,920
Suburban Gas
Servlce, Inc.—Debentures Offered—
//Southwestern Public Service Co,—Earnings:—
}
".. Period End. Feb.
4 1948-^Wonth—1947
1948r-12 Mos.4-1947 /•'' Lester & Co; and Wagettseller & Durst, Inc.* Los Angeles,
:on May 6 -offered rat 100< and interest* $500,000 12-year,
Operating revenues——
$1,232,043 / $965*596 $13,360,610. $10,904,424 1
477^21 ,:
354,265
5,144,172
4,176,261
Operating expense
sinking fund debentures 6% series due i960 (with com¬
Maintenance
29,140,709
CONSOLIDATED BALANCE SHEET, DEC. 31
Indebtedness
r 9,989-,836
i
OF NET ASSETS,
/>•/>/'/,./ '' /
.32,995,962
2,611,062
,
7,649,069 106,719,505
8,139*121
earnings.
167,
CHl,508,781
common
ASSETS—
"Net. assets..' per."share———-—.—**—i*—$42.78 ■'
'•
—V. 167, p. 1196.>:>,/',
r
,1947
'//v^>19484//
Gross
8,156,482
——^
:
'
..
.
93,487,100 119,391,208
Earnings—
Southern Ry.- -Estimated Gross
Feriod—,
111,936
bonds/;--.:-*-—--—^-—-^,—*-4-,;;Vn. 5,000,300
'-banks——7,607,590".
Shares x>f common
'"
98,478,577
23,020,441
8,176,344
22,540,553
.8,229,677
Total
ceeding
;
240,000
440,55'
3,613,341
income—
on
under carry-back
income
Accounts
167, p. ,2035/->-
*D«icit:—V.
$695,241
'
94,523
be
STATEMENT
.
Current
bNLY
1947
-
railway*—L 105,810,530
-
Net
304,456
18,000
•Excluding Inter-company .sales.». (Equivalent to $7.09 per share on
3,433,847 full shares of; common stock outstanding Dec.: 31, 1946.
INot including $16,276,702 representing 10% stock dividend.
Current.'receivables/—J——^■'/ .470,139- '
-
OF COMPANY
194$
from railway
ry. oper. income—
NCt
80,110
276,330
1,567,506
>
198,610 *
'Government.,''
:
railway—- $37;611.127 $33,538,748 $31,168,279 $42,356,387
!
Net from railway
9,104,383 : 7,781,911
*2,274,860
13,003,912
3,629,824
2,597,856
* 1,809,404 '/ 3,435,827
Net ry. "oper. -income*
/
18,625
14,000
188,288
—
Earnings per
71,123
17,812
14,716
unrealized
.
Investments at .market
420,627
4,111,518
71,017
from
from
taxes
,Investments (at cost
r-„
1,187,596
71,016
330,649
cos—
>/ >EARNINGS
From1 Jan.
20,265,48*
.
9,989,689
3,286,203
5,650,427
Dividend
Gross
15,166,723
debentures—
on
Common dividends
.
;
Gross
$425,507
liability.
income.-
••
0,492,247
37,518,104
Net Income accrd. to corp.—
1947
$625,883■*
—
1,038,329
*
4.—-4——-—iJJm——$563,889
$583,305
provision for Federal income taxes on income or .on.
in: 1943 to
Income of S. P. Transportation
March—
cash—:
14,128,394
519,605
Net inc. applie. to min. stkhldrs.—
Frov. for' repine, of fixed assets;
gain is believed necessary since the corporation
a
"regulated investment company" and. intends
to distribute during the year -approximately
all its taxable,? income
including taxable gains and thereby Incur no Federal income tax
-or
elected
8. P. R. R. Co. of Mexico. ■/» (Representing interest on
certain bonds of solely controlled /affiliated companies not credited to
>
Net
14,773,240
696,511
.
—
Preferred dividends
1948
:
securities*—
in
provision,
18,324,113
36,998,499
v—
Interest and disct.
for* Fed,
8,081,737
17,280,863
——
on. debentures- retired—Other', interest''
——x—-—
Earnings—•.
received, k***—*>—-------
NOTE-r-No
C' .^Excluding
■>
,
-
-
received in
received
Net income
J
solely
affil.
dividends—_
eomtnon
$658,412
14,164,727
303,718
Transport'n System
':/ •:
r
15,049,124
income
Prem,
$478,501
107,110
19,224
20,824
,
B
Expenses1 —**——_**—**** *-*_-****-k-:*———
P.
S.
Total income
1948
—
7,454,441
.1,576,502
11,474 402
the
2,423,991
1,586,655
of
31,
—
361,947
55,326
operating
.7
13,834 474
—
Non-operating income
11,740.736
11,878,968
3,170,156
4,958,316
charges—
income
and class
A
Interest
55
7,294,906
57,824
deductions
MARCH
—
after taxes
Dividends
.
income-
■Total
ENDED
*
State Street Investment Corp.
:
.
:
Net
'
■:
on
9,100,458
19,403,508
1,810,826
Deprec., retir. and amortiz.—12,730,465
Net
1945'
■' ■
356,841,425 306,643,518 438,975 021
276,797,669 258,175,305 379.8181557
:
—
YEARS
,
$-
•
Depletion and abandonments———
,
1
income
«xps._
(other than Federal takes
income)
4,190,921
3,675,620
339,495
1,302,836
''
—
Intangible- development costs
ProVi
Quarter Ended March 31—
3,728,128
4,383,018
1,243,298
1,469,045
the
-
Preferred dividends
city
.:
between
Taxes' refundable
6,289,962
30,591
74,179
10,795
Taxes
its stockholders
'
Income—dividends
taxes: ■' —*»!*—.
Miscellaneous
-
51,573
;
a.——*•;
to
contract
.
EARNINGS: FOR QUARTER
Operating
1,813,217
3,474,276
3,740,621-
2,619,353-
retirement
Federal
of' a
to retire bank debts.
31,629,833
1,952,943.
66,617-
•
♦
Class
insur._
Pederal
31,671,291
Imperial
terms
•.','$
.•Gross operating income——
Costs, operating and general
18 sold privately to Provident Mutual Life
Philadelphia, $1,000,000 AV*% subordi¬
nated loan, maturing $100,000 annually March 31, 19501957 and $200,000 March 3X, 1958.
Proceeds will be used
1948—3 Mos.—1947
11,145,800
12,618,991
'
offer by
the
1946
-
'
■
pany on March
Insurance Co.,
Net
Net rev. from ry, oper.
Pederal taxes:
the
with
Oil,
7
'■
State Loan & Finance Com.—Private Loan—The com¬
,
$
>
' $
$
43,322,330 137,606,153 125,792,409
32,176,530 105,934,862
94,162,576
$
By. oper.
Imperial
*
Southern Pacific Transportation System—Earnings—
Clhcl.
CONSOLIDATED INCOME ACCOUNT FOR CALENDAR
dated March 18, 1948.
This contract
also provides that1 the company will make with Imperial or arrange
for an affiliate to make with Imperial, a crude oil supply contract
in form and substahce satisfactory to both parties.—V .167, p. 2036.
Electric output of. this company for the week ended May 8, 1948,
totaled
2.592,000 kwh. as compared with 2,443,000 kwh; for the
/■< corresponding week last year, an increase of 6.1% .—V, 167, p. 2035.
y
offer,and
accordance
in
and
company
■
....
.
exchange
made
are
Jan.
on
,
last.—V. 166, p. 2315,
the
of
for each share of
derived from
was
during
the
Petroleum at
s$he.company. .Edison Securities Co. received, in, the. year .1947, gross
1J
representing obligations of the company to purchase Certain lacilities.
Two changes were made in the common capital stock of the
the year.
The first of these was a stock split-up Whereby
one
now^ share of stock, was issued for each five shares outstanding
of record April 25, 1947. The second
change was a io% stock divl«
dend, payable to stockholders of record Dec. 30,
■7/'
is now offering to its own shareholders oh a pro rata
right to purchase from Imperial 8,668,989 - shares out of
holdings of 8,728,190 shares of common stock of International
Imperial
basis
(2139)
4,588,625: i 6,428,025
-
,
,
..
.
...
<
-
.
*
Net' from
Net
:
ry.:
'—V.' 167,
p.
1593.
>
-
979,814: •
7,996
■
1,239,650
429,316'
722,330 *
111,098'
5
2,007,142
793,702
['/y-':'7-'7 \,'"'7';*777 e77/7>•"/./
Standard Oil/Co. (N* J.)—Registers
;
;
railways—-
oper. income-—
.With^SEO- v "■].
The' company on May' 11 filed a registration statement
BBC covering. 1.265,255^^shares ($25 par) capital stock,. >
*
with the
•
•*«
The stock will be offered in exchange for outstanding common stock
40i}tbe liiternational Petroleum Co., Ltd., Toronto. •
•
•
The * Offering 'Is: to be made.. on the : basis - of 20 shares of Intetnational^ stock Jfof each" tluree-ahftEes of Standard Oil of-New Jersey
Stock and will-be made to- all holdersof International stock, inciud-
*
vtng those holders who acquire by full cash payinent prior to Dec.-30,
-
,
..
-
.
.
,
..
r
•
revolving
which were-used during the
• This reduces
the long-term debt of the company to $1,005,648,
1946.
—V. 167, P. 1512,
.
THE
(21401
12
■
stead
and
David
of
Ry-
3,722,145
,894,320
335,855
14,110,326
1,818,539
Dr\
305,237
125,339
918,611
facil
10,338
31,662
30,821
of
60,957
(net
Other
72,264
$705,284
$2,073,124
Misc.
deductions
Fixed
—
11,772
226,388
„
26,869
of
and
of
title
with
45
the
tree
Net
1512.
V
•
.
and
clear
of
under
$442,232
$3,649,020
1,972.621
1,648,541
10,973
9,482
127,459
100,789
189,755
their
owns
two
company
—_
Gross, income
Net
STOCK
.to
ACCOUNT
INCOME
YEARS
CALENDAR
FOR
Net
sales
Other
income
Cost of products
sold-J—:-;—
(Belling,. admin., engineer g, & devel. expenses.
183,527
'332,540
'
(estimated):
,'s
Federal' normal
Canadian
income
■■ -
Credit for refundable amount of Federal taxes
-
1
i
r\'
par
in
no
prior years——r_,———
special credit
jstoration from res. for gen'i couting, to income
$4,577,737
Balance transferred to
Provisions
of
deprec.
for
plant
property,
operation
exercise
which
.
the
DC
hull
aircraft
4
with
of
L007.703
Net
sales
J—
the
May
designees
purchase
into
—a—
In
the
$1,000
the
to
Cost
sales
of
Jgtetiing,
Interest
Ernpl,
19,499,014
—
develop,
engin..
admin.
and
in
expense
—
plan
J-
inc.
retire
premium
Gain
3,
Misc.
exchange
other
tFed.
of
trust
to
failure of
to
for
2,500
each
certificates,
reject
the
then
and
-
for
-'
the
option
they
upon
will
holders
hold
exercise
cargo
r
705,974
—.
IRestoration
fron;
res-
of
that"
the
reject
sell
the
in
shares
:V\'
options
Net
.profit
Common
dividends
Earnings
per
in
period.
all
1948,
amount
Aireraft
,
,
1947
167,
expenses————-
j—^
:'V
$17,973
Co.
consolidated
for
-in
flFor
.
;
89,934
Nil
;
$13,000,000,
adjusted
',1 .7
loss
1946
for
as
August
1947
1JV"
•''r
to
r.
CONSOLIDATED BALANCE
,
ASSETS—
SHEET
'
•
Mar. 31
.
'
:
'
•48
investments
and
receivables-
1 Property, plant, and equipment
Patents and licenses (at
r
Dec. 31,
'
cost, less amortization)
Prepaid insur.,
royalties, and other def'd chgs.
LIABILITIES—
:
has
'^7
taxes
taxes
©ivldends
—
(ofter
on
than
Federal
and
payable
.1
liability for Fed.
&
Canadian
taxes
preferred stock (par value
stock, without par value
surplus
•
—
inc.
on
,
$450,000
fr.
ry.
income
oper.
drill
as
a
the
&
Joint
March
board
\
7,000,000
6,600,000
7,422,140
6,522,072
fa-
'
oil
'
'
668.684
'
1948,
TWA
_;2 v
that
in
charge
that
directors,
of
Total
income
&s
(net)
2,460,951
announced
Gordon Gilmore,
on
on
to
the
charges
from
'
Maestre
A.
and
A.
V.
Leslie,
to
1,; The
of
on
$50
May
and
value
of
predecessor
531,37.1
•«
■
6,000; P00
446,518
9,700,300"
10,109,470
r
437,297
shares.
% After
be
4,185,692
each
and
$100
the
Los
split
will
would
14,326,241
$50,325,880 $49,448,103
the
raw
materials
he uneonditionaliy
required for
this
two leased
at
the
the
up
receive "two
April
on
its
21.
The
*
last
raw
of
the
Sugar
supply
made
at
the
two
the
on
bananas
of
production
cents
;,
on
$4,20
.payable
to
June
paid
May
13
in
is
expected to. be
mills also
in
30
holders
to
Dec.
on
30,
of
last,
record
and
of
cents
50
preferred
June
4.
initial
an
Dividend-—.
dividend
a
convertible
commercial
in
use
establishments,
and
cleaning
in
GIVING
Capital
stock
(par
PURPOSE—The
.
,
TO
This
of
35
scarce
stock,
.
.
wilt
be
.j
(Including WhoUy Owned- Subsidiarifis/ M;
Z1948
1947
-
t
profit after taxes-__l__bl___ '
t$814,986"';
(Number of shares
-1 y 185,860
250,000 shs.
used
To
reduce
banks,
guaranteed by endorsement
for
the
r
./Earnings per share^.
After
;
,:
all
depreciation,
$1.04
•
For
P©S€S.
;
and
had
OFFERINGS
>
ASSETS
AND
LIABILITIES,
MARCH
31,
'
k
(
capital
1
■'
f
and
„
;
for
■
J
487469
.
*
Inventories
Total
'tax
current
Current
630,000
assets_____i™.^,_L____^__l—
liabilities
(incl.
Fed.
taxes,
$3,836,006
—
$772,228
$1,030,734
Declares $2 Special Cash Dividend—Also 50% in Stock
The
directors
quarters
special
of
on
at
1948
April
the
These
corporate
.
.
4
$2
27
rate
declared.
of
dividends,
of record
Subject
to
the
porations
of
the
;ments,
payable
cash
June
21,
:
to
on
five
issued
The
•50%
of
a
on
stockholders
the
on"
Los
business
by
the
New
stock
days
State
York
in
1,
by
the
and
amount
price
to
equal
share
per
and San
or
jof
first »two
A
also
was
-
Exchange will
further
not
f
Commissioner
of
Cor¬
registration requirestock dividend of one
each
two
record
shares- held,
at
'.
fractional
one-third
the
of
close
Stock
the
shares,
the
of
average
this
of
Exchanges
date
to pay
any
stpek
during
permit
"
.
quote
notice.—V.
of
;
immediately preceding
until
,
quarter.'
1948
the. shares
Francisco
Commissioner.
Curb
dividend
the
per
of
SEC
to holders of
1948,
in lieu of scrip
an
sales
Angeles
half
25.
Nov.
permit
California
1948.
proposes,
for
share
totaling $3 per share, will be paid May 25
May
10, 1948.
Last year, the company
of
about July
company
"distribution
sold
first
company on April 29 declared a
share of $10 par capital stoek for
on. or
business
*
State
per
the
for
this
additional
:
issuance
.dividend
a
cents
50
share
per
shareholders
paid 75 cents on May 27 and $1.25
140,000 shs.
pur¬
of
Z to
The
following
dividend
declared.
'the
general
181,210
/
U.'s: 'Treasury
Outstanding
.
any
1/'
1948
:
$2,538,227
•
discharge indebtedness of the corporation'
owing
representing borrowings, for; working capital;
; ;
'
working
$0.29
-
depletion, intangible drilling expenses and pr^.^Operating profit amounted to $1,371,341 before
depletion and intangible drilling costs.
'
Current assets:-
or
general
185,860
taxes.
CURRENT
;>
$4.38 .jK.'.v
—.
1946-
$53,810
.depreciation,
'vision' for
of
V
(bX To pay accounts
payable and trade notes of the corporation:.
-(c)
;$5,
par
$193,537 "185,860
.
.
,
.(a)
PRESENT
.
compares with 65
cents'on June 30,
3 Mos. Ended March 31—
•"Net
v
1947
\
-
,
sharr
; Universal Consolidated Oil Co.—Earnings, Etc.,
'
and
residences
June
•
per
-1947,e-V; 167, p. 2424
manufacture
development
in
of
Authorized
—;
proceeds
.
air
part
units.
s'v'--
$2)—
net
the
early
first
EFFECT
'".,i
poses:
the
its
the
palm,
and al^o is
continues;;to
quality and
1853.
*
of
inventory for this business.';
began
expected
company's
African .oil
of
acres
production
declared
non-cumulative
.
corporation
aq
company
woods.
Stores Corp,—2nd Preferred
directors
the
:
is
vessels
new
been
and
Executive Vicemeeting of stock¬
to
United
fOn
its
available
not
were
1946
f
'■"■'"v
replacement
delivered
annual
tup the 1947 rate, he said.'company is planting about 15,000
The
-
re-enter
many
were
production
beginning
materials
the
Equipment
Lines,
ones
as
'
materials
unable, to
was.
/
Pcllan,
the
of
has
progress
steamship
already
A.
1950,
The-company
^operate 26,000 acres of manila hemp planting, with the
VyiekLof ,fiber satisfactory, Mr, Pollan added.—V. 167, P.
termination of its
ranges,
.
"
Cor¬
lines, the Oregon
"
May
on
.with, 3,500 acre3 expected to be
'adding to plantings of precious
iis
; manufactured, sold and delivered
,
CAPITALIZATION,
Caribbean Air Cargo
stove
the
the
Angeles & Salt Lake RR. C0.--V. 167*
6. Arthur
stockholders
at
the
the
year.
expected
*The
Cor-
Tt\e«,/0rporatio^"upQn
February of 1947
electric air filters, for
.
dividends by Trans
stoves and
dismantled, new
been
In
for
—
After
of
effective"
be
share now held.
of First Security
par
President
director of the
a
split
The
stockholders
each
Utah,
-
two-for-one
a
stocks."
said
for
.10,917,323
'
authorized
11
12,460,129
,
common
Ogden,
acquired
held
larger
in
its. "formation on Feb. 27, 1946, and
acquisition of certain assets of its
predecessor, continued the business
of
manufacturing aluminum and plastic furniture
up to June of 1947
in order
325,807
reservtes
$2,293,428.
various'1 war
furniture. -v
-«
15,264,598
sold
°/ manufacturing
had
therefor
the management
decided
-aluminum and plastic
446,518
9,7O5,8Q0
10,109,470
326,381
of
and
corporation's, predecessor,
facilities
and
6,000,000
,
total consideration
contracts
the
war
437,297
3,023,881
produced
the
2,467,955
United Fruit Co.—Ship
Keplacement Program, Nears
is
;
Inc
2,471,893
1,586,999 r
323,324
4,198,211
announcement
Par
Eccl«6
S.
Line RR. Co.
holders
;
Tiion
6,972,970
'
,later this year.,-;'-';.-'-;'"' >
,'H Mr. Pollan said good
;betterment program and
"ame of Pittsburgh Range'Co'.,
changed
t
-
1,250,260
529,228
,
President, Vtold
Vice-Presi-
;
"
13,385,278
/
since
incorporated
'
774,421
Authorized—,
preferred
eighth "to
Dietrich, A." B.
167, p. 1963.
v;
was
.
987,091 >
The con(pany is
nearing completion of
'program
with
seven
of
nihe
new, ships
v..
,
BUSINESS—Corporatloa
''
Completion—
in-
.
9,663,119
1513, 1•'
-.<
Noah
D. Simpson.—V.
speculation.
AND
July
Short
.
Pierson,
•:
-
■■
5,009,016- T4,047,128
all
poration has been named
appointed acting head of
.
2,632,856
6,299,737>
' 383,305
4,727,439
——
stockholders
shares
•
May 3.
Assistant
'
*■
v.
sources
-
The
operations,
Lee
:v,
128,492
-
other
income
company's
adminia-
relations
Warren
2,374,299
ix.':
invests., &
Stock Split
TWA has not
public
position,
"707,849';
2,137,996 > 3,633,620
-j.
sources
of.
of
revenue
;
~
and
operations
from
V"
'
trans-
opers.
other
Net
fact
V-
Cohu's
Mr.
•
2,500,000
2,226,386
(net)—__i"
Fixed
v
the
9,067,853
2,500,006
2.461,424
;
;
from
of
President
30.
company
year."
Expenses, despite increased
18%.
or
I). as
fabricated special items of war material, including
SfJLT^ Z containers for fragmentation bombs, demolition cartridges
CtaeSnwn?w sPecial machine -for Unking .20 mm. ;proJeetiles
^ P
i cannons. For the year ending April 30, .1945 the
coloration a.
for
>
■
fr.
income
gas
war
4,091,718
3,018J49
y
;
companies)
:
pertation
"
7,768,104
.
taxes_x.
taxes
Income
.
■
Co.,on May 13 offered $150,equipment trust certificates, series
A, due May 15> 1951.
The offering price is par;
•
;
AfTw 'v i®sue^ under the Philadelphia plan by Colonial Trust Co
to
to
(& Leased Lines)—Earnings—
Cility rents
-;
-
552,908
depreciation
$^260,279 in 1948 and $9,029,880 in 1947.$ After
$144,340 in 1948 and $142,540. in
1947.—Y. .167*. p. 1963.
Ifoeorporated
be used
;
1948—Month—1947
1948—3 Mos.—1947
v.V''-' $ '•'»; ''.^r V'■ $ !//'••', A
.y
Income'." from
Resigns
co.r>7£t£r£?P*s,a™ptevious"c<,n<tMied
-
Trans Caribbean Air
Cargo Lines, Ine.
Tnists Offered—Gearhart &
£
1947, and
department/.
to use
by
stock
(par 10c),
to be
Underwriter, Forbes and
mining claims.
'
v,.
common
and half at 40 cents.
will
Net
52,080
"thsi"ce. the ear|y part of the last century were in
t?ade^ nS ?'rf !SnUT^ctunng stores and ranges marketed under the
corooratS
H' U
u" duly of 1942 a P^ecessor of the
ron^Tc i
terminated its business of manufacturing stoves - and
fabrication
ted-its. facilities to the. production of sheetsmCtai
dev^nnM atii°t
Y'/' Government and until the end of the
$450,000
•!
2,011,257
_
.—,2.2—
(Represented
of
-
Z ~T~' ""~"~
surplus
Total-
weserves
,
•
contingencies—————,
$10Q)„ "
cum.
tCommon
non-assessable
23,418,047
:.p,
the
period of
was
-
2,098,607
notes pay. to banks "matur. in five
equal annual instalm'ts begin. Feb,
t, 195022
Reserves for general
•
■
Caaa-
income)
Promissory
-
the
LieUSaridaon March 31. 1947, namethe
fee:
..and on 5^' ,27',1946' uuder
»
516,294
15,292,105
,
of
;
miscell.
Accrued
Gapital
JEamed
during
resigned
the
HISTORY
,
.
Motes payable to banks (Canadian
subsidiary)
Accounts payable—trade,
payrolls and
4%
offered
379,092
959 ,178
Trust Co.
&
'
,
.
23,096,176
$30,815
-
.Triqn, fcuv McRees Rocks, Pa.—Stock
Offered—A. E.
Go., Pittsburgh, on May 3 offered
50,000 share's
of common stock
(par $2) at $5 per share. ■ This stock is
;—$50,325,880 $49,448,103
'
Est.
■
864
368, 416
-
Bank
/
93,135,313
y;v 22,572
,
Total
dian
.
last
20,389,841
547, 739-
,
Arizona
67,717,266
rev.
Equipment
'
19,575 ,825
change
Co., New
Tucson, Ariz,
78,026,496
$61,051 ".
$21,265
ip; V.J
>\jf<it*/• r ^*t ** > - J
April
011
leaving
6,711,341
15,595,
-
the
Trust
32,532,69? 101,122,672
$8,243
Masten &
$5,606,523
-
(net)
;,l'.'
'
George
SUCce8Sor t0 Jd1, Cohu as President of
Eisenhower, Sidney
to
9,117. 090
4Notes, acceptances and trade accts. receivable
Inventory Hess allowances for obsolescence)
of
cents
161002
Inc.—Pres.
joh I undertook
-
$4,161, 768
Miscellaneous
the
for
Pierson,'- Chairman;
in¬
revised
showing
New. York
23,464,838
f
^Board to Study Finances—,
\
*'
nhTaic
have aPPointcd a finance committee to study ail
"SSi lthe company's finances. ,: Members of the committee -are
..Lee
$2,376
,
legend
the
are
-
Proceeds
~1946
:
$216,343
r
i''.5,v:
f.\''
PUJ3lic relat,ions' has been
relatrons
th*
subsequently
'
Southern
shares
Denver.
Federal'
>
$1.2.7
^Excludes
contingencies
general
net
of
(Loss.
1945.
,
.
years
.
appropriate
stock
1513.
p.
50,000
Net
iv;
YEARS
155,282
announced
reason
I?alf ^rmstrong, Vice-President
,rthe public
deducting $70,910
prior
the
34,172.487
they
stock
investments.
V
177,693
reslgned- elective June
was
March
Person said
^
56,250
.
for
26,404,383
shall
event
2,493.
Western Air,
iill!,i)00,'or 37fr.,!
1
only
last
reported income tax adjustments applicable to
this -quarter,-amounted to
$10,889, equivalent, after provision-for pre¬
ferred-stock dividends; to a-loss-of 2Q^cents
per share on 361,687
shares'of common stock outstanding on March
31, 1946.
<
r
v
'
•
&
completed
$515,638
-
V'
after
a
an
expenses
'
hIs
^ Jie, ^e^n
1,542,762
90,424
tax,
transfers of the stock begintwo-for-one
basis, and with the new
oper.
capital
$213,850
—^ '
v.r'.-,: ;'v.
2072.
p.
it
"feeemannoumjed
60,000
j...
$0.77
.
,
income
adjustment
and
J$758,889
99,408;
109,174
''
$2.40
.
of Federal
Products
.
special charges.
upon
NOTE—The
wcflect
109,324
deducting
$6,842 -in
based
$4-34,655
filing with the
upon
all
sub¬
V*
adjustments—"—..
planes-—.—
•lujfv -1gave
that he had
Cr733,000
197,003 ',
__L
(After
Thompson
come
.
share
com.
''Recoverable
for
$1,144,684
—
dividends —-' n
that
revenues
certificates
the
as
'T
-Chairman of
Preferred
each.
12
oper.
—
.
-rose
<,Cr926,090
$10
May
-.(Railway
i
Shorago,
5.000 shares; ;.1
CALENDAR
before
sale of
'"Loss,—V.
24,663
282,878
on
on
•
Railway
to
event
H.
of
*
-Tr«nI*0wtJ" Airline,
F-°uU
Trans
1,479,387
11,454
21,901
——
'
.
:
(Excluding offsetting accounts between
$1,756,626 VI $791,435
expenses—- i 1.365.083 /'
621,289
?<
Caaxad. 'taxes
and
-
made
with
of
effective
been
Union Pacific RR.
revenue-——_n——>
admffiis.trative
profit
on
36,736
(.
value
par
Arizona.
made
stamped
<
Period End. Mar. II—
ErnestrEspinosa, 2,500 shares.
15, 1948,
Company has received
•Net profit
;16,686,239
"l3~869
"24~354
159.
.*■
the
warrants
the
underwriter
—..—.4..
"
14,685
;
10,297
167,
Co.,
and
May
on
profit—a
20,800
-
"
—_
a
became
,
$2.71
§1945
23,837
80,620 .'
119,934
be
13
offered, half at 25
from
number
In
to
the
the
to
does
and
underwriter
$110,000,
shares;
of
options
reeelve
Depreciation
'
products.—V.
Uintah Minerals Corp., Denver—Files With SEC— V
The company on May 5 filed a letter of notification with the SEC
y
...
has. agreed
purchase
other
,•
\.i
meeting on May 12 adopted amend¬
charter splitting each present no par share
with
values.
Transfer agents
Other
expire
-*.JLWaSua!ln0unced that
deductions
income
on
32,721
May
—V.
Chalk, :
assignees,
or
warrants
and
special
a
company's
shares
^York, N, Y., and
fl'-./.r,
1948,
—
„
for doubtful accts.
Frov.
Canadian
'
at
'
' -r:
1,567,541
1,868,810
B—Furniture
par
Issued ■*
436,697
11,640,659
.
,
filter.-
amendments
certificates
*■
all.
$10,864,513 $20,296^879
20,196,167
:•.•••
2,029.001
32,77.5
exps._.
the
two
jiing
749,000 shs.
will
be limited
certificates sold.
ot
right
amount
at
Jr.,
from
and
Net
854,644
1946
$23,541,677 $22,941,005
income
to
'
equipment
underwriter
Transcontinentai
Total
air
59,707
$10,226
,•.
Secretary of State of
owned
Roy
$69,933
—;
;
stockholders
■The
exception
■
OPTIONS—O.
dated
The
capital stock of the company at $2
exercisable at any time between May 15,
the event the underwriter sells less than
are
has
will
operating
Office
$23,532,185 $22,931,012 $10,828,117 $19,989,788
9,492
9,993
36,396
307,091
-
income
Other
income
ments
the
MONTHS END. MAR. 31
1947
1,088
-
.
Tucson Gas Electric Light & Power
Co.—2-for-l Stock
•
"
'. *
the
'>
.
,"'1
Total
351,367
1948
$68,846
!
income
21-25.
725,609
393,182
Dividends declared on common stock-—1,311,741
ffumber of common shares outstdg. at Dec. 31—
437.297
'Earnings per common share—
——;
.$9.57
Pi.
$20,887
—
$200,000.
1,000,000 shs.
STATEMENT OF OPERATIONS FOR
$1,535,419
,
132,270
Split Approved—
worldwide
insurance,
plane,
AND
its
or
stock
each
face
their
they
<sc
CONSOLIDATED INCOME ACCOUNT FOR 3
81,438
5,259
—__
A—Electric
p.
also
which
and
•
^equipment included above
—;—— -i——Dvividends declared on 4% cum. pfd, stock-—
$206,374
overhead
Arrangements have
due
Company
licensed
amounts to the following persons: Maurice
e8' Daniel D- Cole. 5,000 shares; Emil Rogers,
Passenger
$4,577,737
$102,325
$53,218
„
—I
income
Net
which
title to
•
*
licensing.
not
licensed
—
agreement
of
the
1,151,000
surplus—-—-—^.
sold
.
of
to
for
options
$384,419
for
before
by
1951.
warrants
.assurances
-
Cr21,117
Profit
for
are
amount
WARRANTS
warrants
Chavez,
These
„
Cr172,491
Adjustments
5,525
$104,049
50,831
I
products
Gross
Airways,
O.
wCJ
<
Dennis
-
Cr4.329.000
carry-back provisions—
dud to
income
oh
equipment,
•-/•--'Authorized
share
company
£
185,750
•
•
'
3,436
Operating expenses and other charges—
Roy Chalk prior to April 17, 1946
granted personal non-assignable,
non-transferable and non-divisible
options "to "purchase from him at
(the
price of $1.50 per share
capital 'stock" or the" company in the
565,000
2,906,000
——-
cf
Other
v
NC75415,
Caribbean
CAPITALIZATION
shares
$150,000
the
X.
.
-•
the
■■
underwriter
a
warrants
receive
83,573
:
,
L
*
•
and surtax—_
tax
tsxes
income
200,755
.
-
at
v
42,671
—_---r-—
income
Taxes on
r
.
capital.stock'
Miscellaneous other deductions^—.u.-—-
in
cents>1—1,
scriptions because of the
153,747
'
The
entire
that
6>899,04i6
64,252
7,980,613
Interest expense
Employees' retirement income plan premium—.;
Expenses in connection with issuance of add"!
the
20,000
"y delivered
13?%
$92,700,753 $62,672,255
76,692,074
58,643,914
~
-
trust
all risk
$250,000 per
of
•'
:
director,
cent
to
share.
the
.
Total
the
by
insured
is
f
.4949 and May 15,
220,832
189,073
amount
(par' 1C
to
one
Total
$211,899
.
$92,511,680 $62,451,423
—
income
of
up
per
1946
1947
Trahs
as
conversion
covered
PURCHASE
deliver
sum
him
of
process
which
and
•
2,089
i
1948
$105,761
Douglas
Aeronautic
Airworthiness
of
deposit
by
used
Civil
trustee, Colonial Trust Co.
planes are presently not in
4
are
the
stock
.President
Thompson Products, Inc.—Annual Report—
CONSOLIDATED
in
plane
one
constitute
"•
1050.
167,. p.
company
Capital
-r
—V.
the
r
215,117
$434,528
$794,419
$102,782
$200,991.
113,154 > ;
of
the
in
$649,645
-
18,727
One
encumbrances,
known
Douglas DC 3 aircraft which
is not operating.
All of the
coverage,
184,137
$907,574
•
$121,509
,
8,971
income
289,069
15,853.
$209,962
deductions
$465,509
$618,505 '
$105,856
13,407
the
in
DC
being
183,043
304,800
$196,555
and
secured
bearing
Regulations of the Civil Aeronautics Board
Registration No. 51 and has been issued Air Carrier
the
206,731
by
Income
placed
of
529,900
—
Certificate
also
be
to
aircraft:
aireraft
Economic
be
15,741
193,805
is
following
engine
liens
will
7>600
15,955
all
financing and will
17,627
17,130
Operating income
^Rher income *
the
125,600
surtax
allowances
Underabsorbed
company
Two
——-—
and
normal
Fed.
the
to
four
this
of
utility plant
General taxes
and
31,
B
$106,138
,
sales
Net
Cost
No. 1-575 by the Civil Aeronautics Authority,
presently owns four Douglas DC 4 four-engine pas¬
senger and cargo type airplanes,
Company is also operating a fifth
DC
4
four-engine airplane under a conditional bill of sale. ' This
fifth airplane is the one which n
to be paid for by the proceeds of
$2,892,436
215,599
Maintenance
Dcprec. and araortiz.
Letter of
The
243,557
;
1
Operating Certificate
$611,441
Operation
Returns
organized May 18,
1S45, in Delaware and is presently engaged
a
registered
United
States
Air
Carrier operating
solely as an
Irregular Air Carrier of -passengers and cargo pursuant to Section
Texas Public Service Co.—Earnings—
,.
Period End. Feb. 29—
1948—Month—1947
1943—12 Mos.—1947
Operating revenues
trustee
certificates
Registration
of
JAN.
A
as
-
.
of
BUSINESS—Company,
$1,191,235
$1,364,607
.V.
INCOME, SIX MONTHS ENDED
—
was
696.490
$461,255
$488,023
income
167.,p.
issue
passenger
292.1
-V.
STATEMENT OF
Sales
$1,000.
Administration
28,538
681,648
Divi¬
15 days of redemption, retirement or maturity,
option to convert to capital stock at conversion
capital stock fpr each certificate in the denomination
500
shares
capital
stock tor each certificate in the
SECURITY—This
210,098
232,257
11.053
charges
each.
$1,000
Balance
81,916,263
71,190
$725,464
—
Total income
and
have
.denomination
$1,706,165
$1,853,135
219,989
$633,020
$654,274
income-
oper.
income
ry.
$100
time prior to
any
DC4,
Net
of
1948.
$100
443,401
(net Dr>-
tents
denominations
Monday,- May 17, 1948
rate of 50 shares
10,432,574
981,483
rentals
Equip,
Jt.
At
4,992,579
;
15,
holder' shall
1948—3 Mos.—1947,
$4,848,021 $18,731,432 $13,624,580
$6,555,748
revenues
expenses
FINANCIAL CHRONICLE
semi-annually on Nov. 15 and May 15, commencing
Redeemable in whole at any time at option of com¬
pany, upon 30 days' notice at 105 and accrued dividends to the date
of
redemption.
167, p. 1852,
1948—Month—1947
lr.
are
&
payable
Nov.
Ry.—Results from Operation-
Mar. 31—
accruals
tax
dends
trustee in the place
19 elect a
May
on
McAlpin, resigned.—V.
H.
Texas & Pacific
period End
■Operating
Operating
will
holders
certificate
Certificates
Trust—To Elect Trustee—
Texas Pacific Land
Thp
COMMERCIAL
166,
this
p.
issue
2605.
"ex"
thfe
.
put-
(Continued
on page
50)
:";r:
.:i
Volume 167
Number 4699
THE
COMMERCIAL
FINANCIAL CHRONICLE
&
<2iUj
;
Stock Record «» New York Stock
Exchange
MILT RANGE OF PRICES
WEEKLY VOLUME Of TRADING
YEMLY RMffiE OF SUE PRICES
F00 EVERY LISTED ISSUE
Range (or Previous
1
.
STOCKS
Year 1947
Range since Jan. 1
.
Lowest
Lowest
Highest
.
I per share
$ per share
tper share
66 Mr May
SO
Jun
87%
8%
Dec
Apr
60
Feb
4% Feb
11
11
13 % May
18% Oct
14% Feb
38
55
42
May
Jan
Apr
100
2
-
6% Jan
ACF-Brill
9
40% Oct
6
10% Feb
May
25 Mi
22% Feb
20
6%
—
1
Corp
——No par
AdtlreBsogrsph-Multigraph Corp—10
Admiral Corp
;
—1
70% Jan
7
24% Feb 28
37
20
Xl7i
Nov
36%
Jan
Dec
28
Oct
Feb
Jan
1
8
26
Jan
11
12
39% Apr 23
1
Feb 25
8% May
Oct
86
38
■
24% May
Jen
25% Mar
t.
73
Maf
.
94% Apr
Y
23
6
Alpha!
6% Jan
9
■43
£0
44
43
35%
.
S%
25
25%
105%
33/4
19%
20%
*78%
80%
3%.
3%
47%
•
48
30%
30%
44%
400
36%
9%
9Va
10%
3,100
5,900
14,600
25%
26%
*105
9%
9%
.
soy»
32%
32%
34%
343%
*18
,
90
*47%
•
49%
62
24%
5%
•87%
36%
92%
24%
47%
90%
*5%
19
90
American Bank Note common
26% May 14
67% May 6
14% May 14
43% May 11
*35%Mar 19
110% Nov
103% Feb 26
1
Dec
7% Feb
3% May
75% Deo
99
196%
Dec
36
' May
54%
Feb
May
115%
Jan
Mar
91
*66
42
American
Amer
-
MarlO
4%. conv preferred
Amer Cable ft Radio
American
92% May 14
6
175% Jan
167% Feb 21
37% Mar 16
Sep
166
80
Bosch Corp ———1
preferred
5% May 14
108
3% Feb 11
76% Feb
Mar
1%
8
47
May 14
100% Jan 21
8
0
10
Brake Shoo Co com.—No par
6%
5%
38
*28%
283/4
preferred
47
9%
9
■'
5 3/4
/• 11%
62
243/4
62
233/4
*66
67%
24%
66%
47%
*106%
12
12%
43%
42%
47
4%
107 %
107%
5%
88 %
88%
175
5%
5%
506
1,900
89%
89%
174%
*174%
,
120%
47%
4,700
5,600
.48
8%
9
9%
v
42,300
62%
613/4
24%
67% ' 67%
25%
I3%14y4
42%
42%
*107
108
14%
67%
14%
42V4
43%
24
5%
5%
62 %
3,100
26%
67%
,
107% '
5%
88 3/8
119%
473/4
8%
X6iy4
42%
107%
107%
5
:
6%
'49%
-
13%
423/4
175
100
66%
.
11%
:
43
88
19,000
1,000
289/4
5%
*48
49'/a
118% 1193/4
62%
*233/4
11%
■
42%
39%
28%
'
53/4
*48
9%
62
67%
5
2,500
-
108
108
300
5% '
53/»
5%
40
26,400
5,300
26,300
9,400
•
175
175
174
-90
175
91%
43%
43%
43%
43%-
44 ' :
44'/a
44
96%
96%
96%
97
97%
97
97
*95%
24%
24%'
24y4
24%
*106%
1073/4
24%
24%
107% 107 >/2
:
44
„■
923A
174
174% I753/8
.
'"44
91
89%
*94%
-——100
—
11%
42
100
91% '92;
118
473/4
9%
•24%.
•
88
Can common———25
preferred Y—
23%
4,100
17,800
,
90
38%..
903/4
'49%
117%
120
47
-
•
62%
•66
'
373/8
53/4
*47%
5%'
49%
118
9%
■
62%
*106% 107%
——100
Corp———Yl
'
67%
*11%
American Car At Fdry com—No par -
7%
9
34%
*87%
'
47%
.
35
300
33%
36
33
33%
90%
.
28%
2,400
4,600
.
196
37%
*28%
28%
■
*47
118%
47%
9%
10
10
*183A
34%
*87%
PO
7,300
.
100
192%
19
33
90%
400
31%
*95
10
63,300
7,500
'
-
49%
115
47%
28%
■■
,
*47%
116
114%
.19
37%
*91^
29% ■"'!
V
6 ' 1'
*28
5%
-
30%
100
9%
4%
'
88%
28%
5%
62
9
3,9uJ
74%
*18
34%
37%
preferred——100
18% Mar
6,600
:
50%
74%
.
190% 192 J/a
33%
34%
19%
*88%
Mar 22
58% Feb
9
9% Mar 17
80%
4
49
30%
*95
191
323/,
37%
68
Jan
*78%
4
30%
,
93/4
190%
34%
88%
8
Jan;
20%
75
32%
92%
51% Jan
77%
19 Va
75
100
9%
9%
*18%
37%
9
31
80
>
33A
19%
33/4
31
*95
.188% 1903/4
92%
American Airlines common———1
conv
27%
106
3%
74%
19
37%
9
cum
103
3 3/4
49%
32%
Y
89%
>
•28
Portland Cement—YY—No par
3%%
25%,
,
106
9%
19%
*78%
'
80
22
*43y4
£4%
48
33%
Mar 22
120% May 14
20
9,300
3,100
21,400
34%
3%
30%
31
100
92%
37%
convertible
6%
54%
43%
47%
*74
75
•93
190 %
3% •
47%
:
,
18%
34
Jan
1
2
Jtn
6ya
53%
20va
S3/* '
25y4
105%
3%
3%
20%
80%
30
5%
5%
54 y8
V*
9%
110
100
34 ya
;34%
34
.
.
10%
*78%
Y
100
9%
,
32%
:
10
Feb
174%
45 %
45 %
47-
*94%
98
'
.
.
,
97
290
7,400
.
400
'
'
18% Mar
28% Feb
20% May
110
105% July
Oct
06
19
8ep
26%
24
Dec
*
Dec
'
102
n'
*
Feb
48
6%
,
107 % May
16
Feb
91
5
Jan
.
106
Jun
17% July
20% July
16
"2
Deo
6%
Dec
115%
Jan
25%
7% Dec
Feb
55
Jan
*5% Feb
Jun
48
*34% Jan
22% July
10 Mi
May
13
14%
116
Dec
6
P8
Apr
10% Feb
12
Y'
is
*16%
17%
:'*16%'
*90
91
104
5
18
1043/4
28%
1
,
7
7% May 14
conv
6
5%
16%
16%
16%
173/4
17%
17%
2%
2%
71%
9%
23/a.
V " Y2%
-72
t'
'■
63
2%
2«/8
72
.
-
9% non-cum preferred
400
American International Corp.Nb par
13
May 14
6%
1,500
600
18 Y
,
91
393A
104
31
21,600
104'/a
33%
38%
31%'
6
2%
■
Y,
1,500
13,400
24%
6%
3% Y'33A
75%
'
1,700
5,700
.32,000
72%
75
9%
113/8
12%
13
64%
643/4
65
42
63
63
-
413/4
41%
41%
41%
41%
41'A
*41%
6%
63/a
,6 3/8
6%
6%
6%
*48
63/8
50
63/a
,24
243/B
*48
24%
•
'
*48
24%
X24%.
*6%
V
,
49
24%
53
; 7 ■■■-•
50
'
6%
.
*80
63%
::
*80
90
7
90
24%
7%
,
*80
7%
90
900
163A
18 3A
413%
*48
90
3
2%
6%
6
16%
18
71%
9%
*62
6
18
17%
;
'
2,200
193A
*90
38%
*16% /l63/4
11
$y*s
63
*62
.
71
9%
9%■
9%.
6%
24%
:
.71%
:*62
'41%
53
*80
17
163/4
91
31%
18
6%
24%
American low common..—*—Nhpar
40
48 "A
18%
104% '104%
163%
17%
41%
*48
,
38%:
5%
16%
63%
*62
—50
preferred-.^
*5%
17%
9
i.
183/4
*90
32%
16 %
72 V:
2%
*71
American Homo Products—.——1;
6%
-6
48
'
.
1043/4
17%
-
*106% 108'/a
18%
;
16
16
17%
9
38%
1043/4
31k
32
6
91
,
38
5,400
4
6
6
-
American European Secur
American Export Lines
No par
Inc.—40c
Amer 9s Foreign Power eom.YNo par
;
07 preferred —————No par
07 2nd preferred A——No par
Y
06 preferred—.————No par
105%
29
17%
*90
38%
25%
24%
48 y8
*18%
WVi
*16%
;
38%
105
47%
is y4
91
*90.
j
38%
V
American Rnosustle Tiling—.
48
18%
16%
16%
■
91
28%
1073/4
48%
17% '
:
•
104"%
Y
*106%
18
38
28%
!
•-
49%
;
♦90
104
28%
6
14
11
49
•
38%
'-37%
'41%
Jan
106
17%
American Hide is Leather eom..—1
92
106%
48%
17%
Colortype Co——10
American Crystal Sugar 'scorn—10
1
4%% prior preferred——.100
American Cyanamld Co com—...10
3%% conT preferred series A-lOO
Amoriosn Distilling Co—
20
American Hawaiian 88 Co——-Y.Y10
:
24-
48%
.No par
American
25% Apr
-
23%
106 %
*106
—.—100
preferred—;
conv
American Chicle Co_.._
23 %T
23%
Apr 27
5
7% Jan
53 ' l Jan
5
16
13% Jan
Oct
73/B
*82
90
*48
3,400
27,800
;
2,800
800
6%
3,100
50
:
24% C 243/4
■
8,600
73/4
3,900
7%
90
•81
'
'
13
13
13%
YY 133%
133/4
•13%
153%
*15%
153/4
.-.*15%
15%
23%
13
23%
23%
23'/a
23%
13%
13%
14
*13%
133/4
*15%
15%
15%
15%
23%
23%
*101
107
233/4
25
-
3,000
'
Nov
30% Feb
,
May
>
43
10
6% Feb 25
106% Mar
.
>
14
77% Jan
20% Feb 11
Jan
1
90
4
4
37% Jan 20
Apr
9% Oct
15
9
89% Jan
13
May 14
3
Mar
55
42%
JUly
6% May
5
6% Mar
101% Feb
74% Dec
Jan
65% Mar
12
9%
>
22
19
Jan 27
2
Feb
86
2
Jan
6% Apr
16% May
Apr
3% May
14% Mar 16
Dec
2
33% May 14
2
13
16
Apr 15
40% Jan
10
Feb 26
25
Apr
19% Jan 10
5
94% Feb 11
Feb
1
23
13
<" Jan
33 y4 Feb
Jan
13
50% Apr
20
4
88
i
Mar
Amer Chain 9s Cable Inc——No par
Y 25% May 14
28
16% May
X18% Oct
Dec
5
Feb 24
43
Aug'
Feb
48% July
25% May
3% May
104% Jan
Feb
47%
102
44
20%
•
♦74
189%
19%
52
Mat
42
Feb
18% May
*19
13
50
83% Feb 20
50
Apr
9% May
12
May
£0%
53%
20
20
75—
*95
11
*
17%
6
533/4
3%
80%,
30%
30%
9%
9%
*189% 191
Amalgamated
Mar 18
May
49
•
92%
30% Jan
May
37
19%
*74
100
*88%
8
9
:
•30%
*93
Allls-Chalmera Mfg common—No par
3%% cum eonv preferred——100
Marie
36
101%
19%
.74%,:
33%
'
38%
-74%
7% Jan
11%
65% Dec
Dec
53%
,
'
Apr
Dec
50% Dec
80% Dect
20% May
18%
3%
47%
Leather Co com—_1
preferred——50
Amerada Petroleum Corp
No par
Amer Agricultural Chemical-No par
107
Dec
88
3%
47%
32%
46
81
94
3%
Mar
Jan
107%
80%
3%
47% 1 47%
—No par
5
8% Feb
Apr
46
34% May
*78%
———1
Allied Mills Co Ine
.53%
*104
3%
*78%
3,500
95
53/8
9%
24%
108
3%
,
73% " 753/8
95
5%
20
24%
24%
*104
19%
Allied 8tores Corp common—No par
A% preferred.
——-100
5
-
104
Shares
73%
•92
5%
,25
Y
9%
3%
;
gtd.iOO
6%
9%
share
5%
43
19%
Allied Chemical 9s Dye——No par
Allied Kid Co—
i—————5
May 14
89
Ry
Inc
Industries
Allen
5
West
9%
24%
73
96
'
33% Feb
99%
Jun
9%
—
preferred A—!————100
Allegheny &
May 14
*."-39% Jan
11
35%
3%
preferred-No par
Allegheny Ludlum Steel Corp-No par
21% Jan 30
Mar 24
81
105% July
42% Oct
30% May
Mar
25
39% Mar:
90
11
3
Mar
19%
43
35
24%
82.50 prior conv
Apr 23
18% Mar 13
22% Feb
29% May
91
Ine common
5%%
May 13
-31% May 14
2'
19%
43
Sales for
theWeek
S per
52%
E2
19%
104
4%Y
preferred
——.Y—.—-100
Allegheny Corp common——
1
73
8% Feb 11
12% Nov
30
Vrv
po
Apr
202
Mar
May
7
Jan
*
104
10% Dee
91
Aldens
5
4Y4 May 14
50% May 14
10
Feb
Jan
80
Feb
48% Feb
37% Dec
18
21
52
•71
*32
-
5%
5%
5%
71%
Friday
May 14
$■ per share
73"
share
$ per
£5
♦90
44
Mining—10
5
Juneau Gold
£5
36
*
Alabama 9c Vicksburg Ry_——100
Alaska
5%
52%
71
71%
*83
*42%
-Air Reduction Luc———No par
24.
71%
9 per share"
■
Thursday
May 13
Wednesday
May 12
:
May 11
*35%
—
24
4% Feb
76% Nov
90% NOT
164
4
2% Mar 13
5% Feb
44
-52%
l'%
Apr 14
27 % Apr
106
14
14% Feb 26
75% Mar 19
102% Aug
Dec
2% May
25 % May
56
Jan
——.—10
Steel Co
Adams-Millls
27
37% Apr 30
10%. May 14
Mar 11
3% Apr
Feb
31% Jan
18 Mr Dec
73
101
Feb
112
Nov
3% Dec
5%
Adams Express-——
May 14
46% Jan
10
38% Feb
Dec
100
7% Feb
95
—2.50
22
*
HIGH SALE PRICES
Tuesday
I per share
73
*.8
Co
Motors
Acme
6
13.
*71%
.
54% May 14
28% Feb
$ per share
No par
No par
Abbott Laboratories com
Abraham Jc Straus
May 14
Monday
May 10
Kay 8
■
Par
•
30)4 May
EXCHANGE
•
79% Jan
11
45% Feb
Oct
Saturday
'
9 per share
.
6
80
July
10% Feb
43 Mi
,
64% Mar 17
Jan
110
'
Highest:
.
;
LOW AND
NEW YORK STOCK
'
■
;
13
15% Jan 30
Jan
18% Mar 17
.-25
105
American Investment Co at HI—-.1
>
•15%
15%
common—1
23%
23%
106
*102%
Locomotive
American
May 14
95%r#^27
-
Apr 29
7#
preferred
♦15%
23
♦103
107
*101
107
107
♦101V* 107
100
18,700
.*102.% 105%
"
Range for Previous
STOCKS
1
'Range since Jan* 1
Lowest
Highest
Year 1947
Highest
Lowest
share
tper share
18% Jun
1
28% Sep
9 per
,
f per share
16
Mar
Jan
79% Feb
Dec
15% Feb
6% Feb
*26% May
80
7%
101
Dec
24% Mar
Y
20
5
11
Dee
Dec
; 14% Feb
7
Feb
17
28% May
39% Feb
29
Feb
10
127
8%
s
125
7
Dec
16% Feb
129% Feb
117% Feb
17
Deo
186
170
Feb-
Oct
81
Feb
13
164% Apr
6
18%
American Metals Co Ltd eom.No par
32%
t%
14
preferred
—————100
Y
7%
30%
Light com—No par
preferred——
—No par
85 preferred—Y.:
—No par
Amer Had 9s St'Ban'y com___No par
86
May 14
l57/a May 14
Jan 27
.
715
preferred
—100
9
American
22% Feb
16% Feb
24% May 14
American
par
Jun
42%
Oct
38% Feb 11
46
Amer
par
48% May
70%
Dec
46% Feb
11
61
16%
0% Aug
15% May
34
Feb
10
139
Mar
9
14
Mar 10
12% Jan
157
May
Dec
172
July
32
Dec
40
Mar
31
Mar 19
Dec
158
Jan
131
Apr 27
140
25% May
37
Feb
25% Feb 27
22% Mar 12
33
18
May 10
34% Feb 13
24% Jan
47% Dec
May
18% Oct
148% Feb
116% Mar 15
129 Y Jan
149% Jun
174% Feb
136%
23%
21
34
28% July
Jun
Jun
May
118
29% Jan
»
20
Oct
62
Apr
82% Feb
135
1
Dec
163% July
60
41% May
\ *116% Oct
Dec
120% Aug
18
Jan 21
147% Mar 17
54% Mar 29
132
Apr 15
46% Feb .14
116% Mar 6
7
Feb
11
Deo
8%
Dec
Jan
80%
Oct
May
68% Jun
110% Feb
95
Jan
103%
76%
Mar 16
7%
26%
1
80
Feb
10% Jan
5% May
62
May
30% May
69%
•6% Dee
38%
Dec
61
Jan
Apr
Mar
111% Mar
46% Jan
58% July
14% Apr
9% Dot
War
6
Feb
21
17
Jan
9
American
9%
26
.33%
132
Stove
715
6
Steel
Co—
No par
Refg common.—100
preferred ——:—.-.—.100
American
Sumatra
Tobacco
*18%
American
5
9%
Tobacco common
28
100
American Viscose Corp common—14
515 preferred—
L.——...100
9
Am
8% Apr 22
preferred
715
100% May
5
May 14
1
8% Apr
Woolen
preferred
Amer Zine Lead
113
_
Y-
15%
'*■
8%
81%
*170
:
15%
'
Y 91
v
9%
91
-
81%
81%;
15%
15!
■
*170-
173
xio ::
22% '
22%
22%
42
42
57%
10%
57%
135%
154%
33 ya
33%
133
18
124
38
*122
18%
r
154
.
•,
18%,
153%
.
55%
139
26%
18%
*37%
38%
124
*122
18%
18%
154 Vk
153%
56%
55%
140
140
66%
68%
66%
118%
118%
8
51%
103%
•101
103
103
*100
7%
7%
Y
62% Jan 16
30% Feb 11
30
Feb 10
28% Mar 19
66
Apr
•5 prior conv preferred——.
.25
Anaconda Capper Mining..——50
9
387/b Apr 23
38% Jan
5
-
.
24% Dee
16
Jan
footnote* see pagsM
98% Feb
46% Mar
4
8
18% Feb 11
8
Mar 17
108
3
bl
May 10
31% Apr 28
14
May
Apr 20
Jb Cable—..No par
Anchor Hock Glass Corp com._12.50
64 preferred
——No par
Anderson, Clayton 9s Co—21%
Anaconda
38% Mar 23
Wire
Anderson-Prlehard OH
Andes
Oopper Mining
Corp—.18
ao
*62
Y 36%
,
36
67
*62
37%
36
34
106
,
34
106
67
3,900
15%
15%
*170
15%
52,500
175
10%
10%
10%
23%
23%
24%
42%
42
43
60
60
61
58%
155% 156%
33%
•13L
33%
135
26%
19%
38%
154%
67 Y
8
67%
19%
155
56%
57%
138
118%
139
66%
67%
•118% 118%
■
8
7%
8
7%
.
36%
33
33%
33%
33%
106
*105
106
56%
57
57
57
*104
'
27
2,200
2,100
19%
1,900
39
123
100
19%
19%
1,400
1547/a
155%
14,000
18,300
57%
138
66%
*118%
58%
540
139
•
67%
6,500
90
118%
7%
8
11,500
50%
53
22,100
51
100
100
100
100
102
102
102
103
105
7%
*62
.
51%
7%
7%
67
*62
,
,
67
7%
*62
7%
200
1,100
.
,5,100
67
36%
37%
36
5,800
101%
7%
'
123
33
51%
*100%
7%
154%
56%
140
118%
123
:
1,100
20
34./
,135
38%
56%
68
36%
.
19%
138%
118%
36
34
*131
26%
153%
56%
67
155% 156%
420
38%
*19
190
12,100
19 1
*122
12,400
3,600
:
26%
19
154%
175
10
123
142;
4.100
22%
*42
19
36%
51,500
86%
.
38%.
103
*62
10%
95%
♦122
37%
800
9%
94%
18%
36%
2,200
26%
18%
103
7%
7%
31%
32%
18
20
127
'7%
32%
*37%
5,700
7,000
31%
32
102
-
127
32%
♦100
101
7%
7%
33%
85
123%
51%
33%
84%
*170
133
50%
•100
*51%
8%
26%
26%
*18%
38%
16,800
180
8%
31%
31%
Shares
18%
90
89
15
33%
33%
; 18%
9%
9%
91% f 94
157
133
Salee for
theWeek
'
58%
156%
34
133
7%
31%
Friday
May 14
9 per share
82%
:
10%
58
v,
31%
118%
68%
118
58%
157
,18%
26Mt
•
*132
.
31%
26%
31%
18%
*33%
33%
*132
38%
57%
156
10%
130
7%
*31
42%
57%
132
*127
'
22%
42
8%
33%
33
175
10%
7%
7%
Y
41%.
50%
103
•
9%
90%
9
Y
18%
90
IV2
Y,
7%
31
22%
7%
;
89%
80
•
18
•83%
130
7%
30%
10%
51%
108
No par
•127
7%
31
Thursday
May 13
I per share
34
33%
130
31
8%'
8%
34
7
-r:
■.
175
7%
—
.
80
50%
♦100
9s Smelt com..—1
90
41%
56%
56%
*137% 139
7 67%
*127
7%
31
*
9%
-6
$4 conv prior preference
105
153%
130
common—No par
Water Works Co Inc
American
May 14
—
—
33%
7%
9
8%
.
<22%
'■
26%
*122
.5
8%
34
42%
26%
18%
,;:.YY'*88-'
8%
15.... 15%
31%
*38
*8%
*170
31%
American Tel 9s Tel Co——.—100
i4'
68% May 8
119% Jan 13
53
.28
100
American
22
90
88%
79%
10%
,
18%
88%
90
*154% 155%
common—
American Sugar
19% Jan 12
Mar
10%
21%
r 41%
57%
preferred—
American
5
39% Mar 23
144
lOtf
-
:
173
.
Foundries—No par
Stores
—.——No par
American
May 14
Apr 22
155% May
68% Jan
Snuff
non-cum
8
par
9
79%
15%
*170-
18%
30%
V
89%
79%
15%
18%
90
Wednesday
May 12
"
42
35
Nov
101% Nov
.
'36% Mar 17
34% Jan
27
6
Safety Rasor
Seating Co.——
No
Ship Building Co—...No
Am Smelt Is Refg common
No
7%
preferred
—
12
May 14
Apr
142
9
.89%
:
18%
18%
18%
•127
7%
Amer Power *
176
130
*127
J per share
33%
•29%
10% May 14
86% May 14
n
33
News Co————No par
American
$ per share
*88
8%
American Molasses Co——1
2
MarlO
>
18%
*8%
SALE PRICES
Tuesday
May 11.
9 per share
88%
.
Monday
May 10
share
88
95 V2
11
12% Feb
Jan
Co com.—No par
9 per
3.9015 cum preferred
106
Amer Maehlne is Metals——No par
8% Jan
33
72% Feb 21
11% May
;
•
6% Feb 28
Dec
76%. Dec
Amer Mack 9s Fdy
2
May 14
9% Apr 16
34% May 4
132
Mar 23
85
Y
.
Jan
;
Saturday
May 8
..
Par
90
9
J
.
9 per share
9
32% July
147
July
LOW AND HIGH
NEW YORK STOCK
EXCHANGE
v
,
36%
36%
37%
36%
\38%
30,900
36%
36%
36
36%
36%
37%
.2,970
34
34%
34% "35%
4,200
34
34%
106
106
.
•105% 106%
"
*56%
*56%
56%
29%
30%
30%
30%
29%
30%
28%
*11%
12%
*11%
12%
*11%
12%
•11%
.
57
29%
12%
*105%
106
100
7,400
28,100
56%
56%
57
57
287/a
29%
28%
29%'
13
12% ' 12%
*12%
100-
&
COMMERCIAL
THE
(2142)
14
FINANCIAL
CHRONICLE
Monday, May 17, -194&
'.
STOCK
•
9 per
Lowest
Highest
4% Mar
8
2
Feb
39%
Oct
28% Feb
14
34% Jan
24% May
37%
Feb
25% Feb
11
32% Jan
99
Jun
109%
May
90
Feb
Feb
101
17
*5%
*29% ;
29%
nArmco
_—10
29%
29%
100
*95%
5
Steel
4 % Yo
Armour
Corp com
preferred
conv
Hiinoie
9% May
15%
Oct
11% Mar 16
Dec
130%
Jan
91% Feb
16
106
41% Feb
10
88
29
53% May 14
Armstrong Cork Co com
No par
97% May 13 V"'. 83.75 preferred-*;.
.
No par
$4 cum preferred conv—__No par
112% May 10
103
38 %
Jun
55
Jan
91%
Dec
110
Feb
Jan
104% Mar
Jan
17%
10% May
Feb
12% Mar 12
May 14
15% Jan
5
ot
18% May 11
5
com
5
-
Dec
20%
Feb
99
Dec
132%
Feb
99
Dec
134
Feb
94
Mar 12
25
Dec
34
Sep
26
Jan
66
May
99
Jan
84
Feb
X98
Dec
112
Feb
96
Mar
Feb
14% Feb
60
18%
100
Feb
Arnold
17
9%
111
16
May 10
102% Jan 12
11
3
16%
18% May 14
?
Atch
17%
F
Inc
96%
53
96% ; 97%
,
•>*16%
30
109% 110%
105%
104
"
XIO8V2
;—
105%
100
16%
,'107%
108%
106%
7. ♦104%
16%
>
r"
510,
46> 500
;
'
-
:
500
,
'
'
v
.
'
.97% 7>:
112
112
>>150
,.
17
,716%
•
153/a
'
109
>:■
{•
500
15%
15%
'17%
.
"18 % "•
-
390
..
.
2,400
.;
'►
20,500
>
2,100
18%
109 •>• ■-.'
109
220
303/«
110
111%
104%
104s/a
104Va
104Va
17%
18%
•:
2,900
17%
14,100
100
,*99
:
29%
410
"
30
111% ^114'%
v
19,300
'l
'
59
23%
Jun
-
Feb
45
Feb
24
34%
40% May
Feb
25% Jan
6
Atlantic Coast
May 14
47% Mar
78% Mar
Atl G
1
5
68
Jan
22
Dec
30
Feb
21
45
May 11
Atlantic
105
Nov
113%
Sep
102
Feb
9
112
Apr 22
4%
91
Dec
105
Aug
91
Feb
9
97
26% July
20
Feb
11
Jan
62
31%
77
40
Apr
21% May
Mar
Apr
57
111%
73
121
55
July
Dec
July
22% Mar
27%
5% May
12%
•
Feb
Feb
13
Dec
18%
17%
Dec
29%
15%
Dec
27%
7%
4% May
36%
49
Dec
13
Feb
20 % Feb
J*n
13
May
Jan
15% Apr
Feb
4% Feb
35% Jan
22
40
100
*71
*71
76
44%
44%
109%
109%
*95%
96%
96%
Corp
5
4%
8
Co
*13%
—5c
*13%
1'3%
17%
Mfg Corp (The) common—3
$2.25 conv preferred
No pas
*42
Avco
20
7
6%
T
7
6%
*71
76
3,700
Va
4434
110%
110%
96
95%
96%
95%
96
96'%
96%
23
22%
23
23
233/a
233/a
24%
57%
5b%
6%
6
•>
23%:
14
'
14%
».7 13%'
13%
13%
17 Va
Xl7'/4
*1JV,
13%
'•>:,7 17%
17 %
'
6%
>
6%
6%
42
7/7.41%:
44
: >
42
>7 6%
42
■!
'
,
%
•'
573/4
50
•
5,100
15%'v
600
143/4
•'•>': 14
17%
42%
1,540
,r
7%
■'
/
6,000
23%
6%
7 *42 •'
6%
6%
■;>
.
7->>;
••
14
17
74
1,020
:
109
: 7 7%
*14%
15'/a
13%
"Vv 1'
57%
523
*19%
•
7%
21,200
111
109
'
23 Va
7
44 Va
44
110%
563%
111
»19%
7
6%
13%
7'i 13%
7 56%
*109
110 Va
v
•19
23%
7
>
56%
5b %
♦109
109
*20
■44
6 3%
:h 42
2.300
,.
6%
43
>
30.300
3,000
-»■
.
H
.
..."
'>
••
.
3,200
18;%
'
•'
,
76
44%
110 Va
109
13%
7
*71
3,500
.
t
44 Va
•
17
6%
*42
42%
/■
76
♦71
76
L.
41
110%
6%
13%
60
40
45
57%
17
58%
38'%
.*22%
•
*13% *14
14
*17
Canteen Co
;
21
6 '
6%
of Amer—5
Automatic
6% Apr 20
No par
prior pfd ($1.20)
*6%
58%
38
110
109
•19 % '
58%
95%
22%
♦107
21
58%
39
44%
96%
57
■
108
*19%
No par
common
57
*107
58
37 Va
.
109%
44%
110
>/ ; 22%
23'
56%
.—100
No par
Corp
Nichols
Conv
No par
preferred
conv
Task
22%
•71
76
43%
Atlas
10
43 % Apr
58%
39%
preferred
Refining common
Autocar
26
Feb
57%
109%
Austin
Jan
58
41%
Atlas Powder common
•
9
20
19% Jan
3
57%
36%
25
19
23
58%
37%
non-cum
7% May 13
14% May 12
26
Jan
58%
*36%
conv
Atlas
„
16
Jan
24% Jan
5% Mar 12
13
6
64% Apr
114
25
No par
common—1
preferred series A__100
Preferred $3.75 series B
100
24% May 14
Mar 30
104
Jan
Jan
5%
RB
Line
W I SS Lines
St
*
*
'
3,900
■717%
17%
t
,
'
1
,,
98
105
16%
\>
98
:•
30
110
104%
16%
•
'
-
-
27,000
5%
98
30%
.">•104%
;
107%
104 %
16%
107%
108%
29%:
30%
17%
30Va
97%-'
xl 1%
■
"
112%
*16%
.•
18%
x99
IOO
30%
,
104%
16
14%
•-
99
99
30 ■'
30
104
16
98%
106
100
111 ;
110%
:
>
18
•
•
.' /600 >7
2,600
i
'
I4> ' >>
''13%
102'/a. 102%
53'%' 53%
>
53%
97%
*111%
15
•18%
;.y
17 7
.15
\xl7%
16%
t
14%
18 \ I
17%
-
99
29%
:
13%
103%
52%
112 ""
7 .16%
•
13%
53%
<
Shares
97
97
96
-
:
32%
293%
''
(29 3/4
*102%
13%
103%
111%
14%
14%
112
*98%
—10
-
13 Va
>r'n2% 112%f>*.
16%
*16
95%
95%
7
-31%
:
29 Va
♦102%
53 %'•> 7
*96
,
•••.•
•13%
102
:52%
52%
112%
112%
17%
♦110%
10
preferred—..
non-cum
T
14%
-
96
13%
5% ••.
.M
the Week
9 per short
•'
5%
30%' >31%-.
30 Va
*
Topeka A Santa Fe com__100
5%
A
Investment Co
16%
14%
Constable Corp
.—5
Corp.
No par
Dry Goods common—1
1st preferred
100
2d
preferred.
100
96
102
*5%
•v'
30% v
X29%
13%
,7. 96%
96
111%
30%
101
51 %
93
111%
29%
96
<
101
51%
*95%
;
Associates
104% May 13
11
7%
30% May II
114% May 14
5
100
51%
Associated
Feb
.95%
12%
12%
100
5%
4
30%
Saiew tor
May 14
'
*5%
5%
30%
29%
Friday 77
May IS
S per tharo
"•
5%s:.
-
'
Thursday
May 12
9 per thare i
V30,.
30'
29
•
Wednesday
May 11
f per share
'V;
5%
5%'
'
7
^
;
■
,
29%
96
12%
No par
Artloom
12% Mar 16
14
13%
10% May
Co
et
$6 conv prior preferred
19~
r8cp
14
2
9
Jan
May 10
9 per thare
■<"7
6
No par
8
Jan
9 per share
•
Areher-Daniels-Midland
5
14% Jan
Par
A P W Products Co Inc
Apr 29
2
6%
Apr
•
"
HIGH SALE PRICES
Tuesday
Monday
7
May 8
;■
I per thare
9 per thare•
I perthare
thare
3%
30
fafarday
EXCHANGE
•
'7
LOW AND
STOCK
NEW YORK
Range since Jan. I
Highest
Yesr 1947
Lowest
'
RECORD
8TOCK8
Range far Preview*
>
.
•
.
B
May
13% Feb
11
16% May 14
13% Dec
24%
Feb
12% Feb
27
16
7% May
16%
Feb
10
11% May
25%
13
16
Dec
'
'
Babbitt
T)
(B
1
*15%
15%
15%
15%
15%
Works-
:13
14%
14%
14% -14%
14%
14% >
common
100
14%
14%
14'/a
14%
14%
15 V.
Inc
15%
15%
15%
,
Mar 16
15% Feb
Feb
,V
16% May 14
11
27
16%
Feb
13% Feb
10
Jan
69
Feb
60
11
Dec
55%
Jan
42%
18
x42% Mar 15
28% July
20% Apr
Dec
54%
Jan
37 '
20% Apr
39%
Dec
31
Feb
v
11
Dec
18
-
19%
9% Feb
24%
Jun
Feb
Nov
18% May
23% Jan
4
5%
Barber
4%
Oil
100
(Delaware)——50
Corp
common
%
preferred
Barnsdall Oil Co
Bath
Iron
24%
24%
28% 7
23
7
29%
7v
79
77
'7
79
•:: .7:'79%
♦78%
25%
52%
51%
10
*23
40
7
80
25 y«
'
v
80 Va
25
25Va
28 Va
1,500
15% >16 y/y
15'% > 16%
25 74
28 V*
*79%
80%
>
16 3/8
16
7
15%
14% 715% W.
■S
28%
80
•
25 V8
28%
•
7 52%
53%
52%
53
23 %
23-a
23%
39%
♦39%
53
23%
*39%
43%
43%
43%
44%
1
Corp—
-J
^
29 %
%
14 Va
.7 > 23 Va
40-.. •\'7
39%
51%
23%
■:
23%
♦39%
5
Works
29
15%
14%
26%
25%
14%
;
7
>
^
•-
V
'
»
». 25,000
27
'»
27%728%
\\
9,300
80
80
i
.
19,600
100.200
670
'
50
-
——
Bayuk Cigars Inc
2};
24%
28%
•
preferred
Barker Brothers
7
16 % Mar 31
24
preferred
_100
Aroostook common—50
6c
Conv.
41% May
.
Ohio
6c
non-cum
Bangor
Mayl4
25% May 14
44% Jan
5
9
'
8%
4%
-
59
Mar 24
May
45%
May 14
>
Feb
Locomotive
Baltimore
•
29% May 10
80% May 12
9% May
60
Baldwin
May 14
15 Va .r'
15%
;> 15 r •
"
13
13
12%
13
No par
20
,*19%
19%
41
57%
-
43%
44
12%
V
.
12 %
•; ■ •■:
41 .•■•:
41
7
43%
44%
24
> 4.-/8
43'%
12 Va
12%
12%
'
12%
>
v
3,900
■
30
•>
y
\
! 11,600
13%
(;7
19%
; 19%
41%
193/4
41
19 Va
41%
f!-
7
4,800
' #
.
19 Va
19Va
,
1
'
'
19% 77
im
43%
12 Va
v
11,800
25 Va
41 •'
23%
X42-/8
>
59
24 Va
*39 Va
41
'
20
*40%
57%
53%
1
•'•
42%
3,300
'
■
3
35%
Dec
83%
Dec
62
110%
17% Dec
96%
29
40
30% Jun
18%
10% May
90
Feb
Jan
18% Mar 16
93% Mar 16
15% Feb
26
8
Beech
Creek
Jan
5
May 14
19% Mar 22
Bell
A
2
Feb
11
35% Apr
24
16 % Apr
30
21% Jan
2
Jan
23 % Jan
20
25% May 14
Feb
80
Jan
6
35%
Jan
23% Feb
14
32%
Oct
25
Jan
125
Feb
17
30% Feb
' Apr
27
Dec
18%
Jan
35%
Corp
16%
—1.
—
*22
*100
*5
:7V 12'/4
34%
*33
17%
35
24%
*82
*26%
84 <?-7
27%
\ Best
Foods
——1
—
34%
Eethlehem
Steel
(Del)
com.Nopar
preferred
....
*100
Bigelow-Sanford Carpet new.No par
Birmingham Electric Co*
No par
34%
33%
16%
17%
;
17%
34%
17
17%
21%
21%
100:
.
100
84 7
34%
17%"
16 Va
17% 7
17
17'%
25
25 Va
25%
25'%
;■ 83%
83%
83%
26
26%
26 3/8
*82
26 %l
84
>77*25%
-
26% W;.-l
35% >
7 "• 35
34
35%
v
33%
33%
7 33%
777 11%
;
^34%
>35%
35%
11%
134%
l,60o
j-
2,000
22%
>
-
800
V
'
VA.'I
"
17%
/
'J:
7
4U-.
1,500
f
>
.
20
35%
12,500
17 Va
17%
•
•.
.>>
>
"4
>19,800
25%
7. 2,800
*84
:
,7
853/4
f <s
300
■
>■■
27
28
35 Va
36%
>V
9,900
353/a
363/4
t
55,000
2,200
'
34
•
—
102
34%
V
7M
84
V>
25'%
-
-26%
343/4
134 Va
;
34%
11%
35% 7;
34% M'35%
■133% 134V4
.
35'%
34%
>
7 34%
;
34%
11%
134 %
35
40
2,400
18 <> >>,
Va
*100
: V.
35%
•vr.
//- 22
yi;
36%
:
17 ,;r
l'
4,600
v
•>,>
34%
17%
^
25
134%
;
36
i> 17%
<
102
36'%
17
> >
21%
*99
13
•
34%
70
89%
13 7•34 Va
:
1,000
22%
7
*88%
■
77
35V4
.■
17%
x21Va
22
102
*11%
**
34
16%
:
22
y;
13 :
16%
.>,
34% / 34%
11%
♦11%
,
36%
17
-
36%
*133%
,134% 134%..
H
>
24%
.
7," 34% >34%
•34V
'34
7 % ■"
*82
7 25%
..
*33
36%
21%
16%:
24%
>
35
*100
35%
16%
,
:
17%
7
16%
14
35%' May 14
14
12%
77-*16%
102
24%
.
_33%c
Best
14% Jan
35
12%
7
;:4
88%
>7*87%
22
89%
13%
■
'
88%
21%
89
22%
88%
7-.12%
7
16%
a*
Loan
7
x21%
36%
*24%
Indus
88%
■>
X88 Va
22%
♦21%
83% 7
;
22l/4
36
*100
;7;- :":4l77^
89 Va
*33
17
41
*37
*88%
35
17%
22%
102
34%
13%
*16%
17% -7 7
17%
•v
10
100
common—
>7V 22
"•"
36
16%
-
Co
7
35%
___1
t'dVa
21%
*33
_10
*
41■7:- 7
*87
89%
Cum pfd $3.25 ser of 1946-No par
A Co—
.
36% May 14
137% Jan
9"
31 • Apr 28
11% May 6,
35
Co
■ 41
:
13%
89%
com_.No par
;
'
~1~3%
*33
50
v
21%
.
13%'
Aviation_a
Beneficial
29
; 36% May
Mar 16
.13%
Bendix Home Appliances*-
87'/a Mar 10
28
1
.
•
877 7"
87
*88%
21%.
.
*88%
preferred
Bendlx
21
>
•
Corp—i
Howell
4%%
May 13
88%
100
RR
Aircraft
Bell
100
40
pfd
Packing
Belding-Heminway
24% Jan
11
40
*87
2.50
4%%
Beech-Nut
•
23
100
common
pfd
Inc
S)
(A
Aircraft
Nov
150
Mills,
Shoe
16
103 %
Dec
Beck
Beech
28%
Apr
Beaunit
Co
conv
18
16
Jan
cum
"
9
15'/a Apr
Foods
3'/e%
37
5
14% Feb
Beatrice
■i'
34% Apr
■
11
32 % Feb
8
Jan
100
8% Jan '2
30
Jan
22% May 14
4
T
■
.
42% May 14
25%
Dec
19%
May
18%
May
133%
2
24%
Dec
17% Sep
21% May
77% Dec
24%
13
Feb
16% Mar 10
88
.
Feb '
Oct
Feb
-
106% Aug
39% Feb
16% May
28
Jan
39% Mar
12% May
.
85
20% Aug
Feb
'12
Dec
95
31
Jan
108%
Dec
5% May
Jan
11%
x34
134%
:
'
%
34%
343/4
353/4
11% 7:
11%
lV/o.
*
•
.
>
V. 1,200
*134% *135%
12
>
2,900
2,500
y
•;v
>;j
>
Range for Previous
Year 1947
Range since Jan. 1
'
Lowest
9 per share
May
12% May
18% May
14
May
36
*20%
14% May
29% Nov
Jan
Feb
28 1
xl3
'
11
Feb
11
Nov
22% Mar 16
32% May
Deo
15
17% Apr
11
41% July
24% Oct
32% Mar 15
59
29
Feb
21% Feb
42
10
89
Dec
116
Jan
Dec
67
Jan
41% Mar
96
2
May
35%
Feb
38% May
37% May
49%
Jan
38
Feb
24
55
Oct
42% Feb
11
102
Sep
88
88%
Dec
3% May
20% Mar
Jan
2
6%
Feb
33 % Mar 18
Dec
13%
Feb
Dec
96
Jan
18%
Feb
40%
Feb
7
81
9% Dec
30
May
23% May
30% Nov
90
Dec
15%
Dec
25% Jun
7% Jan
50
5 %
38
8
Mar 17
71
11% Feb
37
36%
Jan
20% Deo
17% Feb
13% May
20% Nov
16% Feb
9
May
69
Dec
25% May
80
Dec
125
Deo
122% Jan
14% Feb
86%
Feb
37% Nov
102% Apr
8
65
Feb
x32% Feb
83
Jan
23%
Feb
15% Mar
28
May
38%
Feb
29% Feb
14
May
22%
Feb
80
" Dec
80
May
81
100
79 % Feb
77
Apr
?
96
Apr
30
14
21% Jan
5
11
23% May 14
6
124
13
37
1
8
14
7f#
Budd
88
Jan
Feb
21% Apr
:
Mar 31
4
Buff
22
88
Jan
95%
Jan
16%
Oct
Dec
12% Feb 13
7% Mar 16
Jun
88
Jan
79
It
Dec
96
24%
79
Dec
3
Dec
6
13% May
•4% May
19
May
104
Feb
108% Jan
Feb
May 4
14% May 14
89
Jan
98% Jan
15
23% Feb
11
42
42
25%
26 V8
32%
33%
83
44
7
7
82
44%
45
26%
26
41%
42
54%
55%
55'/a
55%
56%
-•',/' 37%-
,37.%
9%
9
55
*50
54%
y:..
96
-
4%
*92
4% '■
9Va
9
-
37%
7 9
55
*50
10%
29%
30%
29%
32%
33%
33
99%
99% " ;
8%
Vv
'
*50
30%
99%"
19%
■
29 %
7*
*95
98
19%
19%
■
125
19 %
98
21%
' '
"7'7
99i/2
30%
19%
21
21
*123
•
18%
♦29 %
♦95
30%
•
29%
32%
•123
19%
18%
21%
21%
125
123
7
*97 %
19%
22
22%
123
/
*123%
v7;
'
5Va
,.700
,
9%
5,300
55
10%
11%
:••
9,500
30%
31%
;
.10,100
29%
29%
30
'» 3,700
33'/a
34
2,400
:■>
99%
98
*98 ¥2
99%
19%
19%
*29%
30%
200
*95
98
98
•
7
-•
*
Niag El Corp 3.60%
Co
Co
36%
*86%
Corp
2hd
88
5
36
__i
*
20%
21 y
22%
23
22%
23%
♦123%
125
125
*123Va
:
:>>'/
125
t
2,700
16",000
preferred
1%
participating preferred—100
Jackson
37
87
*86
10 Va
71%
*71
71%
37
x36Va
36%
11%
X71%
36%
•36
10 Va
10 Va
10'"
350
36 Va
:
>
■
88
86%
86%
19
19 Va
37
37V4
20%
21 Va
87%
19%
*85%
19%
37
37%
37 Vs
38%
;
»
86
86
18%
v
30%
36%
36%
37
20%
21%
20%
21
20%
21'/a
20%
21%
86 '/3
86%
87
87
*86
87
86
86%
86 ••'-:
86
;
88%
*87%
88%
873%
873%
86%
88
>>> 500
80
•75
80
80
*75
,
7
*87% ', 89%
*87%
.
%
-•..;•
21
"i
(
400
19%
>
:
800
■
19%
.
-fi
28,800
73
19%
87
•1!
■
1,900
3,100
25,600
'■
190
■'
•.
!■
•7
,
•
16
16
*8%
16
9
8%
94%
12% -12%
*92%
«
♦84%
85
12%
85
.
*3%
3%
22%
22%
*3%
"
101
36%
11
10%
71
'
.
*19%
86%
•75
100
*
Copper ft Zinc.*—........5
Byere Co (A M) common
NO par
36%
*36
21%
•-
10%
71%
36
87
94
10%
71
20
20%
<
10%
70%
87
*85%
common—1
100
preferred—_100
....
loo
./
10%
70%
*35%
par
Bjrroa
70
20
Inc*
Terminal
4V»%
10%
70
'»
No par
Mills
preferred
conv
10%
•
pfd„lC0
*
Watch
No par
1
>
y
.
'
20%..'
7
."
7,000
30%
20%
22%
I
,)'
10'
•
19'%
30 3/8
*95
20 %
;
•
18 Va
r
''
i
103% '
30s/a
33
'
•
t'k
I
'
..ioo
-
9,200
;
38
8%
*50
*98%
18 Va
\
f.
5,400
96
29 Va
99%
•*
:•
12,200
*37%
9
55
'
>'
6,900
41%
57Va
4%
37 Va
x33
30%
♦95
19%
27
56
♦92 y
•
•-.
190
340
10 Va
29%
18%
82%
40%
iV2
'
3,300
29%
'
33 •;>>
*29%
98
; 19%
•
•;'
30%
♦95
.7
1
19
30%
r
.>•
20,900
*
49%:
1
25 Va
7
96
4% 7
37% >38
38
55
.
-
96
*92
4«/s
,
10%
77 32%
*98 7
:
26%
41%
30 Va
33%
45%
40 %
10%
28%
81
45%
25%
4%
1,000
"
30
34 Va
82%
40%
:7 4%
>
26 Va
45Va
,i
.
25%
7*92%
y
6,400
48.
/
32%
32%
24%
'
'
12,400
25%
26
32 Va
82%
45
30%
28%
*43
.46
25 Va
82
U
*43
;
7
77' 40%
•7;:
2,300
18
'
10%
Butts
:
Vi7vy/:-:
29 5 a
No par
common
*
32% May 14
16
10%
8
Bush Term Bldg 1% preferred __.100
i Butler
Bros
common.i_
*15
r
15 Va
y
15%
29%
19
No par
Bush
9
Oct
Mar 17
15%
15 Va
10%
*29%
*15
preferred
Burroughs Adding Machine—No
4
Apr 16
25% May 14
! 104
Feb
3
16
,31%
y.7
34
7,
93 :
1
31 ••>'
32
29%
*98
-100
100
Co
3% %
6
Jan
22% Oct
27%
-
Mar 12
2% Mar 17
Jan
9%
♦50
31 Va
33%
,17%
'
3%%
May 14
10% Jan 15
Mar 16
9% Mar 16
78
88
55
*36%
.
*32%
NO par
—
4%
17
10
72
13
54%
65
31%
7 31%
26%
25%
40%
4%
173%
'
15% 7,7:
42 ■■■>»
*41-/..
34 Va
33%
10%
No par
y,
i
Shares
9 per share
32%
Xl7 Va
29%
-
2.50
common
Burlington
9
Jun
No par
9 perthare
17%
10%
f
i
'
31%
7 32%
7
25%;
93
9%
'
for
the Week
May 14
16%
.
29
No par
No pkr
i.
Co
*50
44
40
7
93
9 %
:
15
preferred
Bulova
13
12% May
6
May
2.50
commop
preferred
(The)
Bullard
38% May 14
21% May 8
89% Jan
26
Inc
>;>
82
24%
40%
37%
preferred
Buffalo Forge Co
May 11
80%
44
54%
*36%
$5
14
25%
-
>
4%
Bucyrui-Irle
3
74
43%
54%
Sales
31%
y
7
♦82
82%
43%
•*4%
Co
41%
! 82%
"
*91%
Brunswlck-Balke-Collender
11% May 14
20
6
Mar
$3.60
*40
32%
100
Shoe
7'7:> 15%
27%
Maine RR (assented )_100
Roller Bearing Co
*
3
Brown
7
15%
26%
40%
I per thare
32 Va
15%
.
7;'; 32%
25'/a
17%
31%
27%
3
Friday
Thursday
May 13
.>/■
May 12
31%
16%
-
-
32%
32%
1
preferred
31
,
31%
41%
13
common
Bristol-Myers Co common
3%% preferred
Brooklyn Union Gai——
14
16% Mar 16
104% Feb
Mar
Jan
Mar 30
14% May
84
„
6
32
<
1
Corp
'••'Vj
Wednesday
•
>7- 7-' May 11 >7>;.
16 %
%
No par
(The)
31
32%
No par
*
'
Airways Inc
Brewing Corp of America
Bridgeport Brass Co.__u.-a
Briggs Manufacturing
Briggs A Stratton
i
27
19% May
13
106%
6
101% Apr
93% Feb
5
15% Mar 16
27
Jan
A
Braniff
30% May 11
28% Mar 10
90% Feb
Jan
9
27
*—*8
6t
Bower
2
33 % Jan
class
*
cum
7 Boston
•
1
Co
3%
10
25% Mar 16
Jan
Apr
27% Feb
120
Feb
Co
B
Borg-Warner
May 11
63
20
Dec
24
31% Feb
109% Apr
28% Feb
Feb
95
Borden
May 10
Apr
Ami
Class
*40
Braee
Bond Stores Inc
May 14
9% Mar 22
Apr 28
9% Mar 16
*27%
»
2
57% May 14
93
3% Mar 16
Feb
May
Bon
15%
—8
6c
PRICES
:
31%
*15%
Tuesday
SALE
7 -;> 9 per thare
1 per thare
•30%
'16
16%
31%
No par
Co
Aluminum
.
31%
2.30
Inc—
Brothers
-
May 10 7;-
—1
—
Sc Laughlin
Bohn
42% Apr
,:
Co
Bloomingdale
19
27
4
39%
32
Jan
"Jan
W)
*30%
<"l6v
No par
*
;'i
/.j -y y'
'■
Monday
1 per thare
No par
*
7 Boeing Airplane
9
12
,51
77 % Mar 16
45%
16
Decker Mfg Co
Co
;
(E
Bliss
May 12
34% Apr
9t
Bliss
4
16
29% Apr
Mar 17
.
25
Blaw-Knox
May 14
•'
LOW AND HIGH
7; 7 May 8
Par
Black
18
-ifVi: ">.■
£*;
>/
Saturday
EXCHANGE
t
34% May 14
V
18%
•
/
I perthare
Feb
Feb
?'
NEW YORK STOCK
Highest
I per thare
35%
May
28 %
Lowest
Highest
J per share
25
STOCKS
•
•
101
7*75
16%
15%
8%
12%
7 85
•'":.
.
*100% 103
••
22
*8%
93
'
.
/
:
3%
•100%
8%
7;"'
80
85%
103
80;;-
:
85'/a
33%
7
••
••■"■■■':
17
■
19.700
•
8%'
1
13%
>
23% ;. 24%
103
*102
*75
16%
8%
3%
7
3%:;
23 Va
.>.
16%
92
13Va
85 Va
,*101%
8%
92
13 Va
7 22%
103
16%
16
13 Va
3%
,.
22%
*75
93
85
13 Vv
85
*3%
3%
15%
8%
94 Va
12%
85
22
16%
8%
94%
95
1
21%
:••-"
80
9%
4,100
92
92
'•>
•'«■•
14%
13%
*85
85'/a
4
33'4
7,800
u
:
■
1,600
12,900
if
'
103
*102'%
^
>>
Ji
840
■
25%
24 3/4
60
10
>
■
Co
—No par
29%
29%
:
*29%
30%
30
30%
*30
30%
30%,
31%
31Vi
32%
;
3,600
|
-1
r
f
C
Jlffc
Apr
•1% Dec
*55*
3%
8%
21% May
34%
||% May
17%
132
lift
■■
Deo
ft
Dco
inn i<)
,
27% M*r 17
52
Jan
8
1% Mar 12
6% Fftb It
24% Feb 11
13% Mar 29
108% Jin
38 %
13
Ffeb tl
14% Mar 18
10
liar 4
St
38% May 14
53% Feb
15
44
Feb
.
9
Jan
2
May 14
18% Jan
6
19% May 14
.
OallforjMv Faoking common—No
i8
2% May 14
8% Apr 19
31% May 7
115%
:
-
par
IB "Preferred t
t.
>..88
Callahan Zinc-Lead ——1
Calumet h Hecla Cons Copper
I
Campbell W A C Fdy_***.u—No par
Can Dry Ginger Ale com*
1.66%
$4.35 eonv preferred
.
No par
Canada Southern Ry Co.*
*.100
Canadian Breweries Ltd—
No par
Canadian
Paeifie
By—
*5
/ 36
*52%
V
36%
54 ♦
2
6%
2%
30%
;■
30%
13%
*112%
*42
♦18
15
35%
36%
*52%
36%
54'7.
2
-
37
*52%
2%
54
36%
'
♦5234
38
38%
54
2
2%
2
2 Va '
7
6%
7
6%
7
30
29%
*52%
;
7'
'
'v
\
383%
38%
38%
54
53
53
.
7,200
10
2
2'%
2
2%
24,500
6%
7'%
7
7%
8,000
30 3 4
1,200
'
7
14
114 *
44
18%
15 *
6%
30
13%
13%
112%
112%
41%
41%
*18
14%
13%
*112%
•
18%
15%
30
■
15
■
15%
30
30'%
30 %
14 Va
24,200
113
113
114
115%
330
44
42
42
44
•18
18 Va
18%
18%
*18%
20%
300
15%
16
17%
17%
19 Va
248,900
13%
'
'
14
113
•42
•
18% "18%
■
30
112
14 Va
114
43%"
*42
•
'
'
29%
15%
14 '4
14
14%
44
70
.
j
i
,
;
;
jf
t
Volume 167
THE COMMERCIAL
Number- 4699
FINANCIAL
&
NEW YORK STOCK
Range for Previous
I per share
$ per
NoV
33%
11
Range since Jan. 1
Lowest
Highest
14%
Apr
Dec
Feb
Mar
-
11
Feb
13
1
60
May
5V
Dec.
102
38
128
Nov
27
43% Apr. 21
5% Jan
2
57Va. Feb
15% Jan
55
Feb
Mills
Capital
May 12
16% May 14
Admin
preferred A
nCapital Airlines,
8% Mar 22
'100% Feb
18
109% Jan
6
Carolina
Clinch
Dec
39% Jan
27% Jan
2
31% Apr
3
Carolina
Power
Dec
50%
3214 Mar
4
41% J«n
12.
.12'/8 May
21 Va
35%
*
45
May
; 14
Mar 16
35% Mar 30
Oct
' 'Oct
7% Feb
•
Dec
47
29 % May
132
.
6% Mar
49% May
64
V4 <J
tit
35% Mar
28%
'
53
Feb
26
Feb
13
132% May 11
97
Feb
10
123
Feb
11
22% Feb
28
:
Dec
108%' Jan
130
Dec
156
Apr
32%
197/s May
Feb
19%
Dec
21%
Feb
18 Va
Dec
22 Va
Feb
17
7% May
14'/a
Jan
*7% Dec
100%' Dec
10%
Jan
Feb
116
96%
Dec
.$4.75
79
Apr
12 %
"11% Dec
Jan
11
Mar 11
.*29%
39 %
common.
series—,
Corp
7%
45%
45%
29%
preferred
preferred—
fCentral
Light
RR
40%'
Dec
54%
-
Jan
Apr
5% May
12%
12%
8%
Feb
4% May
30
4% May
y 2% Dec
•
33%
NoV
20%
Jan
24
Jhft
14%
7%
106 Va
106%
*78 %
80%
28
28 %
29 %
28 Va
12
11%
12
11 %■
Feb
27%
;
■
Apr. 15
;14% Mar 9
Feb
July
,'jk
% 35
ft 55 Va May 14
Feb' 18
25 Va
.
15%
Jan
4%
Nov
:
Feb
21
Dec
15%
Feb
Jail
11
.14% Feb
5
11;
•
•"
1.
7% Mar
.
32
12% Jan
t
4 19% May:
r
58% May 14
31 .Feb 18
63 V4 May:
52% Feb. 11
63% Jab '
'
66%: Oct
41
29%. Jan
Not
31
30
12%
cl A
*29,
39%
29%
85 Va
*84%:
85
ptfeference—No
convertible
Cotton
Cb
hew
May 14
Chrytler Ctirp
2
23% Feb
,
,111
Feb
X94 % Mar 11
28
Feb
20% Mar 13
26% May 14-
38% Jan 26
28% Mar 9
32
■
37% May
48%
8,; May
78
Nov
11%: Feb
C
Dec
Jan
34%
.
27% May
94
r
20%
23
34%
Feb
Jufl
34%
;
106
115%
Feb
109
Dec
j 101
Dee
14%
Dee
>' 57 y. Feb
y; 24%, Feb
32
1 May
v
Dec
;; Jan
39% Mar
140
12
12%.;.
.
7%
7% ;
.
'
;"
>
10
9%
•
32%
7%
.
32%
03/s
154
Del
91%
'2
20
;
1734
41
*11
,12
y
y
■V 34% Feb
105% Jan
10
66
29
8.50
•♦25V4-
100
*100%
/
36
■
62
34% Apr
\
-
r
18>/4
3%
•.
.
,
5
Jail
108% Feb
9
%
57%
Jah ,2
ft 72
ft 42% Jail 14
14% Mat 15
23% May 5
;i
«
;
i
Feb
137
Graph
Pitts
Year 1947
I per short
141
■*%
191%
Jan
V- 33
Jun
1155
May
...
May
87
5
ciopay
Cluett
16
CorpL-
'
,
56
Range since Jan. 1
Highest
6 hate
18:i
Jan
" 63%
Feb" %
Class
2
11
9
96
19% Mar 17
Feb
373% Feb
88 Va Feb
105% July
46
45% Jan
29
12
22% Oct
Aug
25
May 14
May
May
213/4
10
18% May 14
Feb
12% Feb
13
167/a May 14
17 V* Jab
«
Feb
163/a May 14
Jan
11% Apr
223/4 Feb
13
32%
20
Jan
22% Feb
11
123% Oct
Apr
11
11
32%
>
Feb
Feb
16%
NoV
16
11
10% Feb
13
31% May 14
313/a May 12
133/4 May 14
Columbia
Gas
Feo
11
13
Mar 31
CPlumbia
Pictures' common^lfd
623/i Apr 30
67
Apf
28% Feb
37% Apt 10
& Iron Corp
cum
39
40%
:
85
843/4
84%
■/"
*84%
■
6%
6 V8
6%
12%
12 34
13%
12
11%
12%,,
I
8%
8%-
16% //'.
600
4,600
50
6%
12%
•
rs
8%
12%
7%
"
46,800
9%
3,200
-
17
13
7% •'
9%
32%
17%
;.4t%
36%
13%
5,700
10,900
.
36%
■
10%
33%
16,300
18%
19 Va
24,200
42
43%
5,500
36 3/4
3734
55%
55 Va
,
•;
■
55
'
"
'/
37
66
65
'>*11%
y.
go
■;
58
25%
255 8
105
nOOVa
4
8,100
41
.
253/4
/
440
61%
257/a
*100'/2
42,200
26 %
58%
102
,-y 420
60%
41
,
100
1,000
18 3/a
3%
■'•,'• "■
583A
;
5,300
58%
40
Va
8,600
20,700
12
18 34
60 3/b
-
40,300
■
66
■
*11%
y
•
:•••• 38%
37
65
12
40
;
.
9,400
9%
323/s
36 3/a
Y
8%
18%
*54
•
7%
41%
■/
-
>
.
9%
32%
58 >/ 58%
25%
13
16%
y
37/a
♦100 Va
9,600
8%
.
".18%
>.
4,000
12
f
16%;
/
22%
17%
4i3/a
33%
55%
40
200
63/4
'
7%
36%
64
,438
300
28,200
13%
6%
12%
9%
Y
5,100
13
16 3 8
.
3%
5,900
102
non^rum
00
'*83
3^%
77
24
241/4
78
,
8
103'.'4
*107
25
Va
142
.
*139
;.;
,
X25
153%
29
12%
Ihc—No par/
IO71/2
*75
;
40
108 Va
30
10
78
78
46%
5,400
2,100
31
*107
78
,.
,
*44%
46%,
V
16'/a
16%
16
17
10,300
"
26 3/4
.26%
27
27
9%
2,800
11,200
35%
5,000
/
8%
•V 4
_!
42%
8%
9
34%
15%
15%
:;,v
16%
17%
171/4
i8
15%
i6
y.
153/4
16%
16
M
*15%
.16%
15%
15%
*15
35
29
S:
93
,
24%
'
1,000
90 V-
Friday
I per share
*92
93
5,400
42 Va
92%
213 8
21%
21%
24%
16%
243/4
150
22%
y/24%
21%
24%
210
—
4l5/a
42
*92
1,200
63 %
*1150
—
41%
Shares
166 Va
63
63
*1150
--
the Week
165%
166%
*62%
63
Sales for
May 14
t per share
>165%
166%
Y
6,700
25
••
.
,
10,900
16%
16%
18
18
185/a
153/4
16%
16
16%
1,520
15%
16
16
17
1,710
15
15
15
16
16%
16
17%
18 V8
y 18
: /■V 15%
15%
15%
y
142
89%
Y
Thursday
May 13
.
93
*21%
.'
88
87%
42
42
93
22%
24% > 24% r::
15%
28 V4
28%
;29
'
12%
11%
v
30%
11%
67
•/-'
3134
3i%
12%
:
12%
:12 ^
/
31
30% y ; f
T
16
15
yyt.15
30%v
291/4
29V4
//
12
12%
y
*140
142
*140
,
35
25,500
,
2,700
'
■
%
May 12
*1150
22
«
.
PRICES
165%
y:
42%
*92%
«
y
•
62%
17%
i 28
.28
Va
*44%
/]??: I per share
15
-
15%
29
1083/4
30 Ve
Wednesday
-
63
16% :■> :,r:v 15%
*15%
SALE
167/ .Vv;
24 %
16ig
.—2,50
>
*62%
*1150
22%
17%
39%
108%
29%
,
y
88
y>
24
>
15 Vs
15
2,000
39%
107
34%'
142
"
93
24%
*17%
i.
y
63
42
-
*83
190
1083/4
8%
88
•
20%
23%
90
6,100
35%
353/s
*169
39%
:
26
34%
.1 per share
167
167
•
'63 :■/
933/4
21
35%;
108 3/4
78
*139
42%
93
203/4-
'
y
I pet share
*163
«
41%
41%
20
19%
,■29%
100%
..V' 81/8
142
Tuesday
"1150
*93
2,800
83
90
3934
39%
i09J/4
16 %
•
;J yy May 11
May 1.0
63
2,000
9%
9%
190
; *83
.
46%
%y
34%
8/%
y:
Monday
Saturday
*62%
15,000
30%
-
*139
i
V
,153/4
■y
8% '
34%
89%
'167%
443/8
*78
19%
35%
*169
.
,
83
18%
'.*75
*441%
A
.
16%
9
*78
20
29
<
46%
.
25
8
34%
34%
„
*44%
16%
16%
39 Va
;
'
,
,
35
; 190
i/0
46%:
'
*1150
pfeferred—100
Columbia Broad Sys Ihc cl A
2.50.
System,
35
35
107%
t per share
2nd
B
y
*169
r
2,900
42%
29%
9 Va
26"'%
29%
42%
29 Va
19
18 3 a
190,
108%:
89'^
*160
—20
4ft
>
35
■
107 «/a
*75 >"
May 8
&
4ft
19 Va
f M83
15%
y'V " 41%
25%
25%
83
*»169
*443/4
25%
8%
*78
29 Vb
v
30
8%
■
109%
8
42
29%
LOW AND HIGH
com—No par
preferred
conv
18 Va
34%
*76
142
*88
8%
"29 '/a
:■ >.
251/4
41%
83,
39 Va
23%
*139
Southern Ry com—100
non-cum
1st preferred—_100
Class
29%" 29%
39%
2,000
'
28%
S
,"%
3,4% •343/4
$4.25 cum preferred w w„No par
Columbian Carbon. Co.—No par
5ft
:V:
190
'107
7%
par
Feb
Colorado
29%
39'/a
40%
85
18 3/a
y
30
*1083/4
,
15%
23%
No par
Feb
Colo Fuel
*28%
29%
:
3%
61%
.-411/4' V.
29%
77
$3.50 preferred
No par
Collins & Alkman_„_———^wNo par
Cblonlki Mills Inc—.
5
16% May 14
133/4
25
109%
46% '
Far
17%
May
21% Deft
Corp
19
34%
y 108 Va
15%
No par
Oct
11
13%
12
18%
y
,
39%
*75%
^
17%
12% Feb
13%
12 Vs
12..
25%
*78
*
18
•
9% May
;■/.'-• 8
Feb"11 f
98
^
'
*108%
*45
;
commdih.No par/
Internat
8%
so
'
.
20%
16 % May
8
'16
,
8-%
39'/4
•
J
3°^
8 3/8
90
28%
STOCK
Colgate-Palmollve-Peet coiti—No
Apr 20
Jnri
2
'
18
'
.
A
Coca-Cola
,
23%
98
,*•11%.
'/:>/
105
: v 40%
3.0%
19
-
109 %
»io7
1—100
,
Coca-Col* t6 (TTieJ
2
31
23
12
11%
9%
T lP3a'
3%
.
23%-
25%
*100%
.
40%
90
*387/a
No par
—100
Exchange %
;>
:$perthare
Feb U
01% Maf 25
Jan
,;
Dec
NEW YORK
.
31
23
98
61
59 :
25'/a
*169
*108%
_i"
Peabody At Co com
7ft preferred
-4ft cum 2hd pfd-—
::
35 ,.V
I *03
50
8
9
-
25%
y *78%
190
50
—
142% Jan
91% Jfctt
10
153
v
gtd
3
May
Dec
23%
7ft
ItOck
jaii
Lowest
Nov
65 '/a
"
1140
f
$ perMare
„
May
x61%
Co
STOCKS
Highest
%
RR
<y
8 34
.19 !;.:J
18%
com—1
Jaii
Range for Previous
Lowest
Co
Bronze
36% Jan
18
105
v; *30
83
28%
%
35
y
Ry Co com—-10O
Special gtd 4ft
Mar 22
31%
*97 %
63%
40
40'/4
30%
8%
preferred—100
Cleve At
May 14
Mar 22
*30 Va
X22%
*53%
62
58%;
25 Va
40%
30%
Climax Moiybdenum^L-Ja;—No par
Clinton industries inc—
._1
30% M&r 16
i 81% Mar
■
18%
31%
23 %
YY/SDVS.
37a '■
*38
25%
♦100 V2
25%
^-1—20
COi;;.
St Louis
110%
9
7Va Mat
78
.46
y
18%
31%
.
18%
'
61%
'/'/■/"
59
251/8
25%
40 34
non-cum
8ft
17%
'
4;
.
*38
:/•/':
105
*34|S
Clev
9
17%
y 17%
■
yv
63
62'%
*11% 1 12
yy"
62%
.40 :/•■■">
li
18%
'
*25%
preferred—
100
Cleve Elec Illuminating com__No par
$4.So preferred js—i—j——No par,
39% May 12
110 • May 3
6
16%
li3/4
'
Equipment
5ft
24
16'%
5,900
34.000
41 Y
— 34%'
■.
36%
>
-Y
3%
63
58%
'
;
..
-
55
*53%
6i%:
*18%
Y'";
4
;/4oy>«
Clark
.ft
6
26% May
107
Jan
100
27
"
'
19 ' :,"'.V
f y;
36 Va
vy 6i%
61%'
<
*781/*
C C &
10
263/4
,y 9%
34%
57%'
-.
35% May 14
*91/4
27
7%
,
,'■
18 Va
40/2
preferred-;.—i——100
City Stores
5;
May 14
11%
26%
12 "4
•
33%
34
-2.60
6%ft
84% Apt 20
6
Jan
Feb
Dec
.
7
90
15.100
30%
*9%
163a
•
10%
32 y
v—1 00
55 va
-
.
7Va y"
;
34
40
:
;.
.
12%
TF 0
*62%
_106
preferred
2,900
83
28%
311/4
11%
:'
87s
16%
33%
*11 ■'■'
25
■Y •
8%
16%
12 /'■'
17 Va
*61
Milling Mkchlne C6_
10
C I T Financial Corp^W—i-iiiNo par.
City Ice At Fuel—par 1
City Investing Co common—ii.—B
C
80
48% Mar
Dec
.
■19
Jan
4ft
29%
8
106%
*81
6 V4
12%
11%
8%
16 %
*53% >55% YY;
*53%
>33; y 35% "v y/: 36
Clnclhnatl
-"sir '.itA'
V
■
;10
27% Mar 18
'■
Mar
42%
34
l5Va Jan
35% July
Jun
Not
7L-
•'j
43% Jun
Dec
27%
ft
/riPS '■■'Jan-''
Nov
107
6
Jail
;,r
23
44% May 14
9
Jan:
; 78
Nov
S-V
85
yy 7% Mar
Mar
12% May
May
;
99 % Apr
7%
8
82
12%
39%
4
Cincinnati Gas & Elec cohia;
,27% Apr 22
4
*1053/4
10,000
93/4
.'85
■
6%
33% '
19
—
106%
600
3.900
8%
11%
39%
J-
13
:
18
y
39% y
l
8%ft: pieferredjiaw
Chile Copper Co—
12
8%
16%
10
17s/8
—.10
/:
171/8
100
:
2 7 >4
*29
,
/
-
33%
par
com
29%
12
39 %
preferred series A-^l
100
Chicago, Yellow Cab_sil^_—_No paf
Chickasha
11%
■>.7%V":;
9%
V% Cbhv
'■Chllds
17
V2
8
*81
*97 V2
40%
6%
y':
32% Y 32%
Pac RR Co^No par
Is &
23 Va
12%
12-54 '/*'■:
'
de Northwest cortl-^No par
Chic Rock
6%
12'/a
?■■■■•.
16% y;
7%
:6ft preferred
-^—.lOO '
Chicago; Pfielimat Tobi com_.No par
yy. 63
9
"
,
yye%
6'/4
:
30
*84
:
12% '12%
25
12%
39'%
"./-
85%,
*8.3/4,
—
ChiCflgOk
17
734
82
23
12%
40 V4
?
97 V2
*29
40 %
16%
& Louis Ry Co
17
v
7%
*30%
23
97 W
12%
■
,
30
"
39%
*83%:
6%
I
u
18%
9,400
'
com.-No par
—
18%
135
16 3s
X
98 ;.%
Va
18%
100
293/a
18%
.
29
*8%
9V4
23
23
101V2
135
29
26%
31%
Bj-L
kk.ii.No par
Chie MllW 8t Paul & P vtc^^No par
i Series
A preferred vtc__100
3
Dec
96
"<
31
preferredi.^100
111 RR Co
;y.,Cliss
7
21>/a May
■
*30%
*30 y2
17
28
16 %
22%
18%t
*101
136
%
7'%
-'T
23
"
I6V4
12%
12
4% Apr > 2
1
4
42% Mar
Dec
Sep
"•
3% Anr
May'13
t:
mm
66%
ft 66 *
16 3/8
11%
/ 38% May 14
---y
16V8
31
28
101%
?135
28
11%
16 V8
22%
5.800
52,400
106%
27
16%
8
32%
7%
11%
25%
9%
66 3
30%
106 %
2934
20
'
64%
136
*60
10
12%
Chic Ind
142
*141
31%
734
81
*80
27 Va
12%
37% May 14
•.;••• 49% Mar 20
convertible
piefeVred
9,600
64
*1055,8
8
105%
105%
*9
—40
6 ft
1
31%
<77
7 V8
26%
12%.
43% May 14
s
10
*12 %
:'■ ■■>
ft 19% May 14
Feb 11
11
45% Jaii: 22
10%
4
2,400
'
62%
17
27 %27%
Chicago Corp (The)
1
Chicago Great West RR Co com—50
May 14,
10% May 14
28V4 Feb
*9
7%
8
98
Class A—
47 V2
32
18%
4
_No par
...
preferred
3 % ft
45%
'
63%
27%
Va
—,_1.
Products-—
Chic & East
36 Va Mar 20
•
*11%
No par
*97%
'
8% May 14
7% Mat 16
Dec
56
-
i
30
;
Feb
53%
34%
■\
,
4% M&f 10
4
8
M
17% Apt 28
13 Va May 14
273'a
,
-—No par
29
y- 9%
May
7% Jan ' 2
Feb
38%
1
13
2
:
(■
6% Feb
Jan
fri% May
6
y 12
Jan
8
7%
Copper
€o_
7%
.
80%
•
Checker, Cicb Mfg
—.—1.25
Chesapeake^ Corp of Virginia——5
Chesapeake & Ohio Ry common—25
6% Apt 29
y 13% May 14
11
10% 'Jan
6% May
23% May
13% Nov
11
9% Feb
May.
90
$4.50
8
106%
Champion Paper & Fib com^-No par
5
Jari
*0% Jail
15% Feb
;
.14%
6
y: 7% Feb
■
Cham Belt
14
6
25% Mar 16
82% Apt 29
4
Feb ll
Dec
/ 8% May
Apr 16
37% May
/
Jan
6% May
Jan
24
9%'16
.
102% July
'7% Feb
'
3%
Feb
30 Va. Oct
V
Defc
81%
;
20'/a
33
100% Jan
17%
28
*78%
18% May 14
10% May
Jan
23
136
*105^8
10
18
8V4
142
*101
*101
pfd__—100
Feb
Feb 16
11;600
1,600
7%
45%
*141
102
7%
13 Va
24% Feb 28
142
*135
1.7 Va
21%
17% Feb
500
.
7s8
45
*101
7%
Cerro
:,.f 90
46 :
10138
102
17%
Central Violeta Sugar Co-i—^j-9.50
Century Ribbon Mills
i„No par,
;
2.000
*
18 3/a
39
135
17 Va
1
Oct
17%
38
135
17%
^
5
Feb
17%
38
7%
101%
17%
Co___No par.
10% Jan
•
16%
37 Va
136
18%
28V2 Apr
27
30 V8
40 Va
101%
*18%
19
20
1,800
40
30
401/4
7%
45
1,600
108
30
31%
18%
22% Feb
110% Jan
108
4t>
x623/4
18'%
Oct
Dec
163a
7%
*140
19
Feb
19% May
'
64%
*18%
16%
120% May
108
40
t
32%
——20
14%
100%
6%
37%
*37
•
45
29%
40 Va
31%
3.40ft pfd_100
Jersey—100;
of New
Certain-teed
30
16V4
6%
*107
64%
27V»
35% Mar
Jan
5,400
6%
31%
27%
Dec
11% May
120
7'/4
6%
108
63%
27%
—
4% ft
Corp
Pasco
143
"140
51%
62
27%
NoV
de
143
.
51
30%
136
136
*7%
111
143.
50
63
*27%
3
NY Pr
46 %
16i/a
50
30%
7%
Central
46 Va
46,
*101'%
1
Central
7%
No par
100
Central Hudson G & E Corp^iNo par
3
37%
*7»/a
-No par
Central Aguirre Sugar
Central Foundry Co_.
Mar 31
16 Ve
37Vi
7%
■
14%
3/4
* 40 Va
.
;
44%1
141/4
50
29 V4
30
39 % y
16%
.
Shares
I per share
45
14 >4
.
*62%
1st
37%
143
No par
8
"
ff
*140
39%
16
y 45%
;
6
*44%
8aies for
the Week
14 V4
*107
37%,
7%
100
30
15%
37%
9%
;
16.V4'
.
*7%
63/4
107
30 V4
*36%
22 Va
I
16
C%
107
t per share
46'.
50
50
39%
*30
>39%
39 %
50
s
'
4414
i*13%
13%
"
Friday
May 14
Thursday
May 13 ?
1
t per share
>
'•
44
13%
108
50
i——25
Corp common-.
preferred-—-
"5 ft
31% May 13
' 13% Apr
1
8% Mar 19
30
■'4
7
6%
108
—1,
—-
7
80% May
.
6
>
8% Jan
8%'Mar
4
110
v
No par
Co-^a.—Y
4%
7
3;
10
Light'
7
*108
o
107
2
7 % Jan
&
1£
iuo"
Kj.j
18% Feb
.
'
May
Ohio
Jau
20 Va
'•
5
Feb
50 Va
Co common
2nd
50%
*49 Va
Celotex
7 %-
*49%
10
—
Corp of Amer com—No par
Celanese
44
14V4
*
'7% preferred
Caterpillar Tractor
5
21
6% Feb 23
7% May.
102
Jan
Jan
102
May 3
Apr 16
'
May
(J I)
137
Jnn .] 2
1 29% May 14
'
4
xl7%
"
143
5
*
X97
Case
4 66% May 14
22
'
Dec
May
9
Feb
t per share
42
13 Va
14%
May 12
«
41%
43%
'4
Wednesday
May 11
$ per share
*41%
Inc——
General
<Sc
t per share
Par
PRICE 8
SALE
HIGH
Tuesday
May 10
n35'a
—
prelerred
Carriers
Monday
.
common—1
A
&c
Steel
Corp
Conv
o
8% May 14
47% May 14
fl30
Feb
17%
4%
Carrier
18% May 14
1
'
158% Jan
Dec
77%
Carpenter
'
Jan
6
Feb
May 8
-f
-No par
$3
6
Jan
,
Saturday
*
——
class
AND
LOW
STOCK
y•
Cannon
46
'
YORK
EXCHANGE
share
S per
38
NEW
Highest
4 per share
share
47 Vsr
/
.
k.
.
15
RECORD
STOCKS
Year 1947
Lowest
CHRONICLE
12%.
/
.
..
31%
31
31
,
360
31
317/s
6,400
31
31%
:
16 3/8
31V*
3.900
13%
119,000
%,
,y 12%
13%
13%,
11%
11%
11%
12
67
65
65
"
-
11%. Defc
22%
63
86
Dec
Feb
Mar
■:
393/4 Aug
30% May
/'
27
36
Dec
Feb
35% Feb
5
36
May
48%
Oct
363/a Jan
23
87
Dec
115%
Feb
90
Jan
2
20
Feb
13
.,
263/i July
201/a May
94
Jan
123%
Dec
NoV
v
4
Jan
963/4 Jan
2
33%
Jan
253/4 Feb
14
8% Feb
11
10
2% May
25%
50
■
2% Feb
,
.
"
8% May
23% May
147/#
Jan
33 V4
Nov
28% Feb
30
;
'
35 %
Feb
29
Apr
4% May
21
V
104% Nov
>;
7
29%
40% May
f-i
1 y
i
V,
17
May
12% May
20%
4% Feb
Feb
Mar
30
Jan
30
Dec
Dec
32 % May
94%
Dec
>•
5
38%
Apr
19% Feb
12
Feb
30
11
104% July
c
335/a
•y 34
■;•>/ 42%
45v4
33%
34%
■••.
42
27%
V 9%
>
10
42
45%
45%
98
97
24%
24%
25
101
'
>;■
3%:
■
101 y
•
5 ' 27%
No par
31 %
31%
32
293/4
♦29
Consolidated
Coppermines Cbrp
■/,■. 5%
5
5V2/ 5%
Consol Edison of N Y com_-No par y 5, 23%
23%
/ , $5 preferred—_JNo par
*105 Vi 105%
Consolidated
Grocers
2
Consolidated Natural Gas-.**.^*.—15
19
Consol RR of Cuba 6ft
pfd—10O
I V
23%
*105%
105 %
15%
'15 *4
10%"
49%
23%V 23 Va
23% >23%
14 V4
i
*103/8
10%
49 %
10%
24
16% Mar 20
Consolidated
Dec
10
35»/4
105
Retail Stores Ihc
Textile
Vultee
Co
Aircraft-!—1
V
'13l/2
•13%
13%
3%
295,500
99%
2%
3'/a ".
Consumers Power Co com—No pat
12
$4.50 preferred
— No par
Container Corp of America com__20
90
Jan
5
39% May 14
Mar
3
98
Feb
48% Mar 17
Feb
Feb
27%
Oct
43
59
Dec
6
Mar 16
19% Maf
9
10
*
preferred-i.!—100
Can
Inc
Continental Motors
Continental oil of Delaware
Continental
19% Apr 16
30
May 14
Steel
COdper-BesSemer
10
i\.
53
J&fi
6
$3
•
36
99
89
"*
36 Va
102%
'! 29 3/a
10 %
10%
10%
11 Va
33%
33%
29%
33%
33%
34
29%
5%
29%
30
30
x5%
53/8
V
Y 99
<»'
i
•-
13% 1
•
99
:>>'■'
23%
105 Va
15%
15%
15%
15%
24
,
37%
96%
v
11
11
':,'v H%
56 V2
56 %
56 %
7%
5/„
I5!
7%
1
—5
61%
;
613/8
61%
*10%
10%
200
48%
48 %
3,300
23.
22%
23
22%
23%
1,900
10W
14%
15
l43/4
15
14
14
14%
14%
14%
•
13%
13%
13%
133/8
1334
.
34%
34%
*34 Vs
102%
1634
16%
Corp——14
*16%
17
*27 %
27%
;27%... 28 :
52%
*52
^Nopar
52%
52l/4
33%
107%
102%
38%
37%
y,
13%
Va
*
-
38
.
*98
-y
38
34%
103%
38
4
96%
17%
f
'
16%
.
j;.1
28%
52%
*52%
38 3/a
*96%
61%
28 Va
83
11
56%
7%
60%
:
*96
11 *.
11
36%
57
81
61%
17 Vs
17%
28%
52%
:
■'
.9,300
27,800
1,100
•
650
103%
37%
38
99
4,500
99
13%
88
Va
;
14%
5,800
87%
100
38%
38 34
11%
57
57 Ve
17,500
96%
11%
'
39%
96%
:„11%
58
8%
8J/a
61 Vs
17%
17%
18
28%
28%
29
52%
*52
*52
2,800
2,900
49,400
61%
17%
100
z
•:
8%
61%
7%
61
70
13%
*85%
96%
38%
96%
28%
*52
13%
*85%
3,300
.
34'/2 '
34%
103
38
99
*98
133/4
88
HVa V
7%
99
13%
,
<61%
■■
.
l,80o
10 Vs
49
13
56%
56%
61 %
GOVp coto—No par
pHor preferred
37%
*96
*96
11
1,500
10%
88%,
11.,
24,300
•
48 %
: 15
..
13% 1
97
'
10%
t
13%
*96%
'
49%
*10%
34% r
>99
9,600
105%
15%
,15%
,
400
.
5%
1053/e
49
.
*85%
88%
36%
*98
■"/
13%
*85 Vs
>
3,900
3,600
,
..
23%
'
38%
14,500
/
105%
103
:
383/4
38%
2,500
28%
10
100
23,%
14
"34
35
*34%
102%
13%
*85
56%
7%
T
x493/4 Mar 17
*
13'/2
No par
0
35
*98
20
common
preferred.
Continental Diamond Fibre.
Continental Insurance—
Mdy 14
8% May 14
61% Apr 29
11
14
$3.75
58
27
46% Feb
Feb
Continental
7
11% Jan
10
Jan
cumulative
*34
*102% 103^
*38Va
38%
'
Continental Baking Co com__No par
$5.50 preferred
No par
7
10
«
4ft
14
93
Dec
16
14% May
19
oaw
Jan
830
100
28%
99%
29
99%
28%
y .23
15 Vs
102%
12,000
3%
105%
10% V
%
25 %
3Va
5%
23%
;
23%
13
24 Va
X233/8
13% *13%
13%
24%
29%
49%.
14%
13% '
95%
"
;
,105%
y
2 2 3/4
y
'
14%
13%
47
94%
24%
5%
'■/,'
49
14%-
14 Vz
42%
46 3/8
96%
243/4
453/4
95
"
13%>13%
1
Inc—-_10c
Jan
5
/; 42% Jan
99
May 10
84/8 Mar 23
12%
footnotes see
Consolidated
46%
300
3,100
1,600
5,300
35
10
:
15%
15%
49V2;.. 49%
*10%
-
5%;
105%
105
;
29%
/•■>' 5%
/'
23 Ve
;:V- 235/a
15% 115%
'
55/a
42%
•45%
42
3,300
:
,
28 »/a
/
J
32%,'
*29
42%
42
:
- -
33
28%
32%
V
29%
34%
24%
10%
V
34%
33%
34 y
96%
'V 3%> •y- 3 Vs.'
ioi y; ,>: 99%
3%
*64
96
•
10
321/4
*283/i
Inc
y 42
•
> 45%
% V-
28%
9%
Cigar—_No par
45
100
V
28 3/i
ri'V 9%
•
x33 V2
98
42%
-
y/' 3
28
'
ft
24 Va
y V 2%
3
101
101
64'%
V
34%.
42 34 ;
98
24V8'24%
64 %
£
*62
,>
v
98 %
Consolidated
2
30% Feb
110% July
13% Feb
55%
94% Feb
55 %
For
Congoieum-Nairn
?
45% ^45%
Co^^-1^—25. Vft
Jan
103/4 Mar 17
•'
Apr
14% May
12% Apr
May
Edison
67
98%
Publishing Inc—_No par
Consolidated
27
35% Feb
Feb
35
Conde Nast
i/: 15% May 12
14% May 14
20
32% Feb
44%
6% May
Feb
100% Apr
Feb
May
42
Corp—.1.33%
Consolidated Laundries Corp—5
51
11
24
10-
100
25% Jan
30
11
Feb
Apr
44
May,li,
•
$6( preferred Aeries——*lNo par
Commonwealth
30
Feb
48
20%
May
244
Mar 20
17% Apr
Jan
11
114%. Feb
106%
Dec
v
*62 v;
11%
*
Dec
Dec
27
6
9
17% Mar
Dec
9
ADr
67
*11%
'
11%
30%
6
11
433/a Mar 18
'■[; 19 3% Feb
94
95
3% May 10
11%
*62
*33%:
Credit common-!——10
preferred
i; 11%
par; ;rf 11%
Commercial Solvents ——w^-No par
Commonw'th & South com—No par
29% May 14
11% May 14
'34% Apr
1
31% Apr! 1
11% Mar 16
Jan
$3.60
25% Apr 23
106k
61 Southern Ohio Elec
Commercial
7 (
1064's Apr
Feb
54%
.99% May
10
1033/a Feb
Feb
15%
.:
Mar 17
Columbus
: 423/4 May ll
47-• May 14
10
12% Mar 31
"l0% July
99%
4
Feb
108Mar
11% May
103/4 Dec
? -1.1
!
/
NOV
.
J3
V
*11%
,
•10,700
4,100
■
'
"
30
f 52%
^
7,700
30
16
THE
(2144)
COMMERCIAL
NEW
•sag* fur Previous
Bange since Jan. 1
Highest
NEW
Lowest
Highest
I per there
FINANCIAL
YORK
I per there
6 per there
STOCK
YORK
Saturday
Monday
LOW AND HIGH 8ALE PRICES
STOCK
EXCHANGE
May 8
9 per there
Per
I per there
JUB
17%
Oct
13
11
17% Jan
13
Oeppsrwcld -Steel Co
05
Feb
42% Mar 24
47% Apr
28
10
20%
Peb
10 % Peb
11
14
7
Convertible pref 6% series
Cornell Dubiller Electric Corp
1
13%
13%
61
Jan
50
Peb
13
2
Cora Exchange Bank
A Tr Go
29
52%
52%
32%
Peb
18% Feb
0
Corning Glass Work* oo—sosi
3%ft> preferred
Cum pfd 3%*
et 1947
S
*19%
100
•92%
93
100
*93
95
01%
Dee
10% Dm
i
08% Dm
08
61% «ep
Dm
Peb
92
Peb
9
94
Mar
1
Jim
92
Jan
12
97
Mar
9
Jan
59
Apr 30
Aug
169
79%
195
DM
8%
Jan
2% Dm
4%
Jan
26% llay
40%
Peb
Peb
29
85
97
DM
107
DM
16
Oct
22%
Dm
30
4
6
Jan
Mar 16
'
"Dee
26
Apr
34%
98
Deo
108%
105% May
22% May
130 %
Oct
37%
Peb
62% Mar
DM
22
11
12%
82%
165
Deo
91
101
% Peb 24
34%
10%
Apr
12
Cream of Wheat Corp (The)
2
Crown Cork A Seal new com__2.50
23%
23%
21%
21%
46% Mar
6
34% Jan
5
18
26% May 14
66% Mar 17
Oct
263/4 Mar
Jan
2
-
12% Feb
155
11
21
Apr
10% Mar
Sep
Mar
9
74 %
Apr
24%
Jan
17
14% Jan
2
Peb
5
34
160
13% Jan
5
19 Yb
Feb
15 % Feb
13
873/4 May
17 Va Jan
Oct
27%
Nov
18% Peb
27
24% Jan
6% May
Jan
147
6%
21%
Fob
11
11
17
146
Mar 11
Feb
4% Feb
9
133
Feb
21
13
25
27
Jan
133
% Mar 16
May 14
May
27
*69%
6%
pfd
non-cum
100
preferred
4%%
preferred
__
67
Pub
Co
(The)
CurtisB-Wright
Class A
Sons lne
7%
F,' 10%
"'■•'■V: 23
23
54
54
1,060
•v:
19%
;
3,600
95
59%
174%
59%
175
\175%
20
62%
60
174%
9,000
174%
460
4% ;'■■■
4%
4%
4%
4%
4,200
23/4
•
2%
2%
2%
3
35%
36%
36%
98
*97
36%
98
10%
9%
38
*97
10
6,000
14,800
97%
9%
10%
7,200
23%
*23 %
23%
23%
23%
500
22 %
22%
24
24%
243/4
11,800
43%
43%
43%
43 %
43%
*43%
44%
1,300
313%
313/8
31%
33%
9,300
31%
31%
32%
31%
102%
xl02
102
100%
101%
101
101
100
100
121%
X117
118%
117
117
117
118%
121%
124%
520
320
24
25%
24%
25%
25%.
25%
25%
25%
25%
26%
12,400
70%
71
70%
71
70%
703/4
70%
70%
71
71%
2,300
30%
*29
13%
29
29
*29
12%
88
/
87
87
163/4
16%
163/4
20
10
20%
77/a
23%
233/4
*130
23%
23%
137
9%
23 YB
23%
*130
137
27
•27
*130
137
26%
26%
♦26
27
23%
23%
23
23%
93 Ya
93%
933/a
*93
15%
15
15
*15
*161/2
97/a
17
10 Va
13%
7,500
87
100
17
2,000
19%
61
7%
233%
*130
50,100
23%
*130
-
27
120
1,900
7%
23
137
263/4
30,000
146
61
7Y«
23
,.'••
.26%
100
11
IOV4
*145
60%
7Yb
137
*26%
—
19%
145
60%
233/a
*130
y
5,500
17
..
19%
145
7%
23%
■
15 Ya
F
*19%
10
7'/a
12 Y8
*83 %
17
700
133/4
177
'
60
73/4
12 3/4
*163i
30
13%
*150-
*83% •-'87
146
60
:■
29
i
133/4
177
<
12%
■'
20
*145
59
7%
12%
17
•I8V4
29
13 YB
*150
<
87
1634
147
58%
-
*83 V
10
♦145'
8
•/
20
9%
-
58%
73/4
•
19 Va
-
167/b
29
13%
177
-
123/e
.
87
16%
*
♦150
-
12 YB
-12%
V
'•
-F'
146
58%
'
*
13 VA
177
s*83
10
146
58%
*150
'
19%
93%
146
73/4
177
♦19%
13Y4
13%
13%
12
9Yb
'•
i '
>
94
*93
23%
43%
<•
*183/4
1
20%
94
95
4%
35%
•;
31%
*16%
100
130
21%
23
43%
*86
No pas
19%
93
*93
60%
10 %
21%
12%
12%
'<
19%
•92%
95
*97
<
10%
19%
94
2%
98
21%
21%
31%
13 YB
146
pfd
54
8,200
101%
'31
*563/4
—
Cushman's
*96%
10%
♦150
1
Cutlsr-Hammer Ino
53%
"
100
common
54
60
36%
98%
it
No par
—
4,000
•
♦118%
177
No par
No par
com
preferred
Prior preferred
14
70%
13#
Cunningham Drug Stores lne—2.60
Curtis
46
13%
*46%
24%
*155
__5
_
35%
35%
-
21%
118%
*29%
_100
Cuneo Press Inc..
Apr 19
Jan
100
46
174%
4%
•
Sharee
13%
2%
*22%
100
24
Cudahy Packing Co common—:—10
7
283/4 May 14
RR
7%
6
13
May 14
8% Apr 16
11
18 3/4 Feb
Apr
30%
Cuba
99%
118%
preferred
conv
2%
10%
31%
No par
com
4%
34%
43%
31%
No par
No par
preferred
4%
■' 2 %
42%
43%
_0
Cuban-American Sugar common..lo
61
48
Dec
132
18% May
Peb
7
Mar
4% May
12% May
13
122 3/b Feb
Dec
70
Jun
129
'
12% Feb
113%
56
81 % Jan
5 %
6
Deo
xl6
04 2nd
Crucible Steel of Amer
175%
*96
'
No par
$4.20 preferred
102% May 10
127% Jan
5
10
92 preferred
Crown Zellerbach Corp Mm
60%
174%
*4%
-
98%
24
-
34%
10%
America.
59%
16%
48
"*93
174%
16%
13%
*92%
95
60
16%
13%
19%
-
93
2%
100
♦95%
24% May 14
•92%
*93
15%
15%
47
53%
,
20 %
19%
-
95
2%
1
of
20
94
58%
4%
Creameries
preferred
•
I per there
13 Ve
53%
174%
15
3%%
52%
*92%
59%
2%
common
52%
Sales fur
the Week
t perthare
47
-
13%
--19%
176
4% '
Co
13%
52%
■
13%
1
15%
47:
*93
.50
Coty International Corp.
Crane
*46%
47
13%
*
Jan
Peb
22
Jan
17 Y4
Dee
2
59%
15%
15%
15%
*46%
•
20%'
176
Coty hoc
.15%
15%
47
13
11
Jan
May 14
Refining
preferred
7«fr
97% Jan 27
102% Peb
Jan
21 Va
Jan
2
Peb
26% Mar 16
Feb
34 Y4
May
13% May
2
1% Peb
36
Mar 18
42
Oct
96
4% Jan
13
9% May 13
x21
Cora Products
Mar 19
Peb
17% Peb
~41
86% Mar 24
177
2% Mar 17
Mar
11%
165
liar 22
105%
170
66
54% Jan
21
105%
Dm
4%
May
15%
♦46
Friday
May 14
May 13
I per there
$ per there
-
Thursday
May 12
May 11
I per there
DM
Wednesday
Tuesday
May 10
12%
Peb
Monday, May 17, -1948
RECORD
44
12 tt Mxy
CHRONICLE
STOCKS
Tur 1947
Lowest
&
3,200
137
27%
283/4
1,700
26%
7,400
D
19% Aug
Not
26%
Sep
20
90%
97
Sep
14% May
23%
Oct
67% Mar
13% Mar
Mar 16
15
16%
24
Jan
243/4
Dee
35% Jan
1013/4 July
101% July
84
Deo
12%
11
33
31
29%
6
2
14
25 Yb May 14
Davison
Dayton Pwr It Light common
24% Peb 25
31
84
Jan
2
92
Apr 23
Apr 27
85
Jan
5
92
May 12
9
15% Jan
5
Dayton Rubber Co
5
13% Jan
9
Oct
30
41% Apr 29
35% Mar 16
46% Jan
Deere
29% Peb
83
5
38% Jan 20
10%
Peb
7% Feb 11
19%
Dec
143/4 Feb 11
44%
Dec
321/4 Mar 16
27% Mar
62%
Aug
20
Oct
Apr
58
9
2
Mar 22
48% May 14
.'11% May 14
28% May 14
45
Apr 28
21% Jan 10
6
10
20% May
35% Apr
31% Feb
22% Peb
47
35% Mar 12
Jan
21
26
Jan
2
45% Apr
29
42% Not
17% Doe
50
24%
Peb
16
Feb
11
19
Peb
11% May
10% dm
18%
Jan
13
Mar 17
18
Apr 21
19%
Oct
14% Mar 12
80
29% Feb 16
47% Mar
39% Oct
21% Jun
29
-
23
47% Jan
Dm
97
Peb
6
104%
Oct
«0
Peb
13
Dec
21
.23
98%
19
.
Peb
'Feb
Deo
July
129% Aug
107% Sep
115 Va
Jun
10%
Nor
113 Ye Jan
28
Peb
11
94
1123/4 Apr
13
v
6 per thare
partlc preferred
Diamond
T
Motor
Car Co
2
Divco Corp.
May
3
Jan
6
97% Apr
0
Jan
13
Pepper Co
Doehter-Jarvis Corp
Dome Mines Ltd
Douglas
Dow
Aircraft
Chemical
Co
common
.
3a/4%
preferred—
International
conv
Corp
Duplan
1 •
10% Jan
3
$ per thare
'•••
:F;.FF:
45% May 14
174% Apr - 6
8
,
Dec
47% Feb 28
Feb
17% Feb 13
60% Apr 22
19% Jan 12
Feb
82
91% Jan
27%
Feb
13
Feb
Mar
102
«•
Feb
Feb
Feb
5% Jan,
32 Yb Feb
Jan
July
1% Feb
13 Ys Feb
139
8
Mar 16
Feb
11
j
Feb
24
5
20
13
19
19
16% Jan
106
2
Jan
12
7% Mar 17
52% Jan
6
16% Mar 24
11
37% Apr 30
23/b May 12
*21% May 14
10
158
11
Apr 28
156%
Feb
123% Feb 11
143 Yb Apr
28
07%
Jan
Oct
56% Jan
9
Oct
49% Feb 10
14% Feb 19
55 % Feb 13
Dec
12% Feb
24% Mar
593/4
-
0% May
■17
11
93/« Mar 18
19%
Jan
12% Jan
2
38
«•
37% May
102
May
Apr
29 Yb Feb
16
107
DM
Mar
4%
Feb
67...
85
7% May
13%
Dm
,
97
Dec
12%
-
Feb
Mar
50%
6% Apr 14
X14
.
Mar 17
7% Mar 17
Oct
38
6
Jan
5
9% Feb 11
50% Feb 11
64% Mar 13
13% Aug
60
Feb 27
4% Jan
Feb
24% Feb
25% Jan
Feb
10
Jan 23
.40% Mar
17
Jan
6
69% Apr 23
173/4 May
7
13% May 14
15% May 14
34
Jan
8
102
Jan
5% Feb
0
>
3
15
May 14
613/4 May 14
68% Apr 14
9
Jan
14
193/4 May 14
May
~9%
11% Jan
14%
Dec
For footnotes
see page
01% Jan
3
5
24
11
24.
cumulative
Baton
32%
32%
32 Yb
32 Y«
45%
46
45%
46
Apr 23
4
8Ye May 12
Feb 20
14% Apr 27
common
'*23%
133/4
24=4
43%
437/a
-44
13Y,
*41-
W. ■
17%
15
17% V
/
41
41
'•
94%
177/s
,
5%
Erie
It
Eureka
Pittsburgh RR Co.
Williams
95Y8
17%
34%
163/4
63%
42
mi
417/B
27»
1
115
113 %
7/ 43%
.
167
166
♦103
••
a
V
193/4
156
1 Ya
*
'♦
20%
143
53%
•
152
*17%
15
15%
67
*53
67
17 Yb
ll7/a
17%
12%
"f •F
31
•31
"
12
>
54-
133/a
13%
137/«
*61
?
r
FY
"
F 60%
*35'/8
14 Ya
\
103/4
11
*46% >47%
*6%
6%
31%
*67
155
'
■
48 %V
28 Va
23
,
*46%
48 V43
*6%
23
'"
6Ya
47Y4
53
f
168v
/F
2,700
2,100
?"
6,200
59
92
/
104 '/a
7%
7
493/4
48
2,200
517/e
■
14 Ya
15%
36 ""
:
5,600
'
36
2%
6,600
;
-
;
*
2%
.
21%
'
156
143
140%
140%
*52%
54
54%
57,400
FF
54%
156
.
V:
1,300
'
;.
200
F
15%
*6%
"
17
31
101
8%
13%
•,
500 ?
1,200 F
2,300
.
,
s
,173,4
;•/
12Ya
6,200
13%,,
l47/a
15%
,
101 'A
4Va
4 Yb
,
14
31% F
30Y4
102
101%
47/a
*6%
47%
6%
14%
•
5%
15
"
;
18 Va
-
-60%
1,100
1,700
10 Va
*
18%
■)
10%
•
v
-
;
,
1,000
19%
3,200
10 34
21,200
1,200
6Y»
6Ye
200
48
48 V4
48%
49%
49Y4
51
2,600
28 %
28
28 %
27%
27 YB
2,500
23%
23%
23 Va
23 Va
23%
1,600
8Ya
20,300
13%
4,400
8%
;m
,
8%
f>%
13%
13%
13%
J
87/8
"8%
13 %
13%
.,
F
:
',4,600
X28
8%
.
'
44,100
X23 %
Va
Y
.3c
31,600
47Y4
,
'
6%
'
45Y4
47%
*6%
•
;
;
70
7% F 7Y4
7Ya
18 Yi
9%
61%'
*65
72
7 Ye
*45
14 Ya
60%
*67
1334
.11%
"
'
60%
.
7%
10%
6%
60
'72
*18%
*46
31%
•lOOYa
4%
14'/4
X60 '
13%. '
*
6,500
1
31 I'M
>%.
I.'
1
137/a
29
8%
15Y4.: ,;•••:
67
171/4
12Ya
14 7/«
4'/a
48 Ve
13%
15V4
66%
".
17V4
12%
14 YB
•lOOYa
11%
23
17
123e
141/4
31
r
48
28%
15 %
65%
14%
;
23 Yb
i5'/4
65
*
18Ya
11
*46%
48
,
.
600
67,500
•
203/8
156
67
•
7%
23%
8%
-«
50
14 Yb
*102%
•
70
183/4
14
*V.
;
60
*89%
'
20Y4
155
53
66
*67
" 28%
13%
17,500
*140%
142 Va
*151/4
-
7%
28 Va
8%
V'"
;
"
4%
•22%
13%
20%
155
I6Y4
=
61%
18%
UYB
'
48%
45%
21/4
12
'
,72
7%
18
10 Ys
•r,
;,/•
"
21/8
20
*141
.
14 %
'/ 61 Va
7%
18
28%
,
2%
19%
lOOYa
13%
72
7%
"
i
n.ooo
36 Va
•
:
3,900
16,200
■7
35-
Ye
;
24 Ya
18%.
104 Va
7
6Ys
233/4
Shores
*167%
14 y8
*102%
104%
Sales for
^ the Week
V:
20 %
a
'
14
35
'
18
92
*89?
Friday
'/"<
a
15'/4
17%
4% :<
6IV4
*67
•
7%
18
•
14
.
F?
18%
143'4
'
61%
72
''
'
;-
43%
59'/4
18 Ya
•"'
•
40
1,400
19%
F
I68V2
591/4
14
12 Va
lOOYa
4%
8%
168%
■
14Ye
15%:
67
F
17
31
101 %
*67
F
20 Y4
50'A
v
11 Ya
303/4
4Ya
•
;
■
18%
43 Ya
'
89
2
*14Yb
14 Ys
30%
•
FY
r
"
147/b
100 Ya
13%
43 Ya
'
15
*66
17%
11Y4
::
15,
,
*
49 Y4
;
";
500
•'-/a/ 1,500
13%
9 par the.,
18%
20%
.•■'
;; 152
-
'
53%*
15%
*14%"
a
V
23 Yo
i ?.
50•
Ya;i::
156
-
68%
v
18
49%
20%
*155
•
'
*142
54 %
23 Ye
F,
2
V 19 Ya
:
158
c-
'
13%
a
*
143 ':\i
•
35
•
•
11,400
May K
18%
6Ya
35 Va
1 Yb
4,800
;
•
:v
95%
'
36%
•
7
*113% 114
V
58
*103
-
7
14 3, a
'
900
120
V:%. 131/8
Thursday
;'F 19%
169-
57%
89
:
19%
43% A
14
50%
15 ' ::
%;
133/a
$ per thare
; ;.•:
19 %
:
"I8V4
'
•
F
23 Ya
18 Va
♦167
'
„
104 % *
-
50
100
/•?;;. -:
.'
181
953/8
May 13
thare
per
23 Ya
/F
-
May 12
V 9
14%
7
15
"
-
-
;
'
18 Va
92
14
7
4%
f
•.
113
13'A
Wednesday
/
58%?
18%
*89
101 %
Falstaff Brewing Corp
1
Parnsworth Tele vls'n 9t Had
Corp—1
166
58
.*
92
43%
-1.00
■'
95Y4
113%
•V.F'-F
18%
-
J
800
1,300
11,600
SALE PRICES
Tuesday
18% F: y-K 18YS
43% 5 Fv- 43%
•lOOYa
—„
13V4
13%''
-
•
113V4
13%
953/4
*
193/4
*15%
JM
? *118Ya
19Yi
%F
1
lpf
177
119
24%-
1%
-;• 158 %
*53
-
/ 1773/4
•'
.
'
175
119
95%':
.
16%
175%'
95%
*
F
■
93%
A
119
v'.v/
1
F.
28%
-
93%.
/
.
119
'
*353/4
-
27 3/4
'
174J/2
•'■
•"
Yb
27 Ya
r
I
Va
5,900
FT 18,100
42 3%
16
953/«
1,100
'
7,100
102%
17
175Va
/
i
100%
101 %
16 %
119
.?
220
3,800
42
100%
17
••*
143/4
27%
?/■•'»'•
a
94%
May 11
104 %
7'/:
102%
*93%
18
51
633/4
*16%
19
7
62
'
-••'
.
xl6
23 %
50%
17%
16Y8
14%
.
16%
17 i-?'"'?'
18
*103
-r
'
36%:
19%
*67
27%
16%
7
'
163/4
;
1,100
36
63'/4
102
31,400
;
//F/"
17% M7%
34%
41%
42%
*101 /, 101 Va
101%
102
B
,
62%
' '
:
400
-1,000
•;/.
:
52%
34%
94%
•-
16%:/?
16%
13%
*
*
42
'
27,400 :••?
.
'
03%
♦101%
24%
14
"
-II
'•■:
7
'
'
153/4
f 38
37
52
/ 17 "
(A
34%
19 Ya
*90
17
::4>' 16 Yb
IOO1/2
•
273/4 .■:/
95%
18%
•:■" ■14
i
34%
62
i".
■
1:18
15%
37%
53
16% "163/4
-
<
1,000
16% .'17 7/a
*93%.
58 %
'
15%
37%
*52
17% a?
34%
:■ -v
u.ooo
..
'
15
37%
53
*17
•
'
^ 2,500
•
44%
,41%
17'/2
1,000
V,
25 Y4
:
417/a
.
a':?
♦16V2
/
r
5,400
•IF:
14%
25%
■ *431/2
17% .,17%
16 YB
17
14%
<
53
17%
18%
147/B
1 Yb
—_
Awp
14Ya
•"'/ 37%
9 per thare
58%
7%
*35 Va!
*142
16%
37 Va
52%
*114
43%
64
14%
•;
: ;•>.
/V 42 i;'.;42 *:<
17%
'143/4
174%
Monday /
May 10
166
51
14%
*155
17%
16%
■
'-T
17
13%
"43%
•
104%':
*50%
P•»
Fairbanks Morse Ik CO.
Pajardo Sugar Co of Porto
Pedders-Quigan
*41% ; 42. :
.
'
7%-
<
••'
14%
*103
Inc
Corp
16%-'
/
Vv 44
94%;V
J
115
18 3%
92
7%
Exchange Buffst Corp.
17
H8Y4
••; -k
119
58%
H%
Corp
Evans Products Co
17
•
*88
;■
No par
preferred serlee A
41 V»
14
25
'
♦16 Va
—100
Bldg
common
44
"
::F
168
18%
Mo par
preferred
Office
43% 7
58%
—J
Electric Mfg Co
Emerson Radio &
Phonograph new B
Empire District Electric Co
10
Endlcott Johnson Corp common—20
RR
14
24%
19
18 '
167%
Emerson
4%
14%
44%
23%
19
*58
*93 Va
'''*
A
1
••••">'-"'/
7
12%
24%
27%
:
/
5,100
8,700
23%
24%
3021/2
175
.;•
*13 Ye
41%
17
.
12
23%
Y-X43Y4
9 per thare
23%v
•
4
Electric Power It Light eom_No
par
67 preferred
No par
Equitable
13%
lOlYev-
16%
•7
>: ;■
23 Ya
23 Ya
102 Va
•<
f;
v
12%
101%
94%/a
17
16i/4
10,800
:
,c
121%
12
23 Ya
17
:;••-;
28%
32,100
5
44 V2
21%:
64
24 YB
61 Va
41 Ya
43%
213/a
'
23%
101 Ya
*93
3:
Mi!
16 Ya
*58
;
12
102%
27%
•
<
16%
<■
,
64
101%
'•'*102
64
12
34
.
11%
28%
4,000
■
♦58
44 Vt
52%
33%
101%
/
V://
34 Va
16% -16 Yb
IOYb
26 Ya
43'A
24
143/4
♦17
/
i
48%
"
*36
17%
16%
•
37%
53
43%:
Convertible preferred
JNo par
Elec It Mus Ind Amer sharee
Erie
/
*52%
63%
43
'■■A 21 V*
16%
16%'-
3434
163%
43 Va
21%
41%
17 r^c-. tvv"
52'/2
T
427/s
12 ;
133/4
17,
37%
IOYB
26%
44%
42
♦14%
10%
"&■' 26%
24 YB
'
16%
15
10'/a
26%
% 21%
"•/:;
64
24
24 Ya
643%
log
Manufacturing Co
preferred
"58
12
25
173/4
—
00
10%
9,400
1,100
33%
45%'
26%
a-
*33
'
/
%
•
13%
187/b
•
It
preferred
Electric Storage ButteryElgin National Watch Co
XI Paso Natural Gai
10 Yb
10%
12
43 %
.,
23 YB
|
a
Edison Bros Stores Inc
common—.1
4%% preferred
100
Ekco Products Co common
2.50
4%% preferred
100
Elastic Stop Nut Co
1
Electric Auto-Llts (The)
|
Electric Boat common
Eversharp
31% Jan
5% Mar
6%
Kodak Co
Ex-Cell-O
0
Apr 14
Eastman
5
263/4 Mar 17
Feb
11% DM
321/4
46%
10 YB
,
,
I per thare
-If
—_
■astern Airlines Ino
*49% May
3
7% Mar 30
20
31%. Feb
32
4534
63
*93
Par
Eastern Stainless Steel
Corp—
171
10
32
453/4-
LOW AND HIGH
38% Feb 10
162% Jan 12
Feb
453/4
May 8
■aglt-Plcher Co
-193/4
F
32
Saturday F;FF
22% Jan
3'/a
10,900
*•2,000
433/4
*58
:
' F ' 11%
■. : *23%
23%
*17
4
YORK STOCK
EXCHANGE
24% Apr 27
20% Apr
5
Sep
11%
39%
42
.
163/4 Mar 16
111%
11% May
140
Dee
138% DM
107/a
39
42
(X I) * Co-earn..20
<174% 174% **#• 174...
Preferred $430 series
No par ;. *118% 119%
A
*118%
No par
953/4
953/4
-V 953/a
'
Duquesne Light 5% 1st pfd
100
114 . * 114 Y
*113%
DWG Cigar
f ;
*13%
133/4
13%
19% Feb 27
Jan
11%
39
41%
Preferred $3.50 series
16% Peb 11
39%
11%
383%
12
Pont de Nem
NEW
25%
33% May
11%
63
.
-40%
;
70
.
10,400
421%
21%
♦101
No par
DunhlU
Du
14%
38%
*101 %• 102 >/2
28
-28 %
—.100
10
92 Ys
133%
11
423%
64
•
*89 3%
133%
38%
21%
17%
•
923%
,123%
4IY4
11'/a
21%
*16%
ll
*901%
13
39%
21%
*34
$4 preferred ssrlea A
.No par
03.25 2nd preferred
No par
Dresser Industries common
lOo
92
42
213%
52%
No par
No par
3,500
91%
10%
*36% v 38
No par
1
7,500
30
*89 Va
411/4
44
17%
•
25%
x29 %
39%
-16% Y 16%
No par
No par
—
'•25%
293%
11%
44%
'< *14%«
1
25%
91%
41 %
433%
*43%
1
Corp-Seagrama Ltd
Distill
900
123%
27
43%
<
24%
29%
*90
91%
10
17
39%
.
26%
♦243/4
-
293%
*16%
17
16
91
26%
*13%
12.60
24%
933%
15 Ye
10 Y«
41
10%
23%
No par
20
common
24%
*93
15%
*16%
29%
13'/a
25%
117%
0
Match
17
26%
933%
15%
39
32 Ys
*58
J
Apr
43
Jan
'6%
Range sine* Jan. 1
Highest
Feb
1%
15
28 % May 14
115
Corp
Co
26%
*93
15%
*90
'
91
43
1
Devoe Si Raynolda class A
Diamond
/Lowest
Feb
May
24
42% Apr 23
103% Apr 20
102% May ,11
120
Vllblss
243%
911/2
24%
93%
♦16%
25%
<
24 YB
153/a
'29%
'
13
STOCKS
8%
30%
7
Mar 15
16%
44
0
Peb
67% Apr
94
De
<13%
■
653/4
10% Not
32% May
10% DM
37% Jan
19
Detroit Steel
13
453/4
'10
'
20
Dixie Cup Co common
Class A
18% May 14
4% May
17%
Edison
Dr.
0
16 Ye May
8
187% Jan 2
Mar 18
00% May
10% May
3%
Detroit
Jan
573/4
10% Aug
104
Dm
•% DM
47% May
03
Nov
00
Denver St Rio Grande Weat RR
Escrow ctfs for com
100
Escrow ctfs for pfd
100
Jan
109
♦32
45 %
48% July
198% Oct
42% May
18% DM
Deo
Deo
20
,j
29%
24 4'
*93
93%
39 Va
41%
41
Hudson.
28% Aug
08
iT%
St
24%
DM
10% Dm
40% May
preferred
81
14% DM
42% May
39%
Delaware Lack It Western
Apr 21
12 %,-Mar 11
6 per thare
Jan
16
2
2
5
12% Feb 11
Highest
r
6
Jan
164
19% Mar
Lowest
20
Jan
83
17% Not
197
• per there
47
2
Dm
Dm
2
13
15
39% Apr 27
•56
Peb
Jan
17% Jan
5
.153/4 Jan 23
Jan
44
May 11
17
Ban go for Previous
Year 1947
163
13
32 Ye Feb
02% Dec
110% Sop
14
*
Peb
42% July
114% Feb
May
110%
38
Peb
94
76
10% May
14% Not
173
•Jan
40% Sep
553%, Oct
-
Dm
ll%
1
No par
common
Detroit-Michigan Stova Co
Jan
May
*89%
Detroit Hillsdale Is 8 W RR Oo_100
16% Jan
14
91:?
2
25
.
91
131/4
11%
9
22 % Mar 18
,
91
13%
12% Jan
12% Mar 30
16% May
91
60% Jan
Oct
28% May
*90
6
Jan
45% May
36% Sep
91
11
263/4
.
29%
91
Jan
22
25
May
May
19% DM
7%
Delaware
<
28 Yb
91%
10% Peb
13% July
49
Co
St
24
29%
*90
Deep Rock OH Corp
Oct
24%
24
*29%
6o0
Peb
45 % Mar
Dm
7
,17
*16%
100
-
46%
20
23 Ya
•
24Y4
*
50o
Decca Records Inc
Peb
17'/a
23 Yb
23%
100
series B
97/b May
15%
*16%
series A
Preferred 3.75%
12% Mar
*93
1
Corp (The)
Preferred 3.75*
Feb
Oct
98%
Chemical
Peb
45%
'
100
2.50
17% Jan
38%
Dm
1
series A
25
16
91%
33/4*
pfd
Davega Stores Corp common
5% preferred
Feb
10% May
17% Jan
-
Cum
7
23%
6% May
26% May
09
933/8 May
2074 Jan
Corp common
20 3/8
Sep
Sep
Aug
May
32% May
0% May
20%
9
Dana
18% Feb
Oct
82% Dee
4
26 Ye May 14
Y
Volume 167-Number 4699
-
COMMERCIAL
THE
-
-
NEW
BiDie (or Previous
Lowest
■
I per share
32
Range since Jan. 1
•
Highest
9 per Share-
42% Mar
35% Feb
16
•'
9 per share
»
6
Federal Mining * Smelting
*38
38%
*33
5
Federal-Mogul Corp
*17%
17%
*17%'- 17%
11
2
Federal Motor Truck
Hi par
*9%
10%
Federated Oept Stores com—He par
4%* convertible preferred—100
*97%
Felt
*21%
21%
20% Feb 10
31% May 14
Jun
90
Feb
9
99
Dec
26%
Feb
20
Feb
10
20% May
46% May
26%
Jan
59%
Feb
42%
61
Feb
43
107% Aug
104
Sep
•1% May
18% Mar 17
53% Feb 28,
Feb 11
Feb
62
14
14% May
21%
Ja n
39%
Oct
31%-Feb
Dec
May
13
Dec
41%
21
2
14% Jan 17
Florida
14% Mar 19
21% Jan
6
40% Jan
12
15%
May
Feb
9% Mar 17
33
llflT
11
Feb
89
12% May 13
45
May 13
102
Apr 20
Feb
3
32%
Dec
24% Feb
27
23% May
26%
Jan
22
12% May
25%
Jan
12% Feb
Dec
July
Mar 16
25% Jan
8% Apr
5
15% Mar 31
26
6
9% May 13
46% May 14
"*36%
May
50%
Feo
35% Feb
13
11%
Nov
22
Jan
10
Feb
18
12 y« Jan
Dec
39
Jan
17% Mar 12
24% Jan
103% Mar
77% Mar 29
81
Jan
9% Jan
1
77
Dec
8%
i!
17%
Dec
6% Mar 16
Feb
V
7% Feb
11
10%
V
Jun
Oct
21
5% May
18%
Jan
18 y* Mar 23
X
Jan
Apr 24
12% May
17%
Feb
12% Feb
27
17
,14% May
22 y*
Dec
18
Feb
13
21% Jan
4% July
26% Aug
9%
Feb
5% Feb
11
100
Feb
Jan
5
Dec
18% Feb
13
26V2 May
16
Oct
11% Feb
13
109
Jan
Apr
Dec
9%
Oct
58%
102
: V
99% Mar 24
100% Jan
13% Feb
185
July
,149% Dec
8% Feb 28
146
Apr
Jan
106
155
1
Jan
Trailer Co
Dec
18%
Jan
9% Mar 17
14'/* May
Feb
9% Feb
12 y* Apr
78% Jan
Apr
83% July
Sep
47%
Feb
Apr 22
34% Mar 10
Dec
33
Feb
20% Feb
137
Dec
160
32
May
39%
Feb
'34% Dec
45%
Jan
23%
.
87
Dec
10%
43
123
73
Jan
136
i
27
6
31% Mar 11
9
'
28
Dec
Dec
24
50
118% Feb
25
127
Feb
10
103ya Apr
97
Feb
2
12
Jan
$3.50
General
General
Apr 20
15
6%
38%
100%
140
32%
32%
3,000
32%
13%
13%
*15%
15%
15%
15%
28%
28 y«
28%
•8,500
9%
9%
9%
9%
10%
10%
11%
11%
12'/*
11%
12%
14,700
44'/*
45
43
99%
44%,
99%
34
35%
44%
25%
13%
44%
100
31%
25%
*24%'
13Va
14%
13'/a
9Va
9%
9%
43%
'43%
"
9%
9%
9%
*24%
13%
13%
8,500
5,200
260
44
44
9%
/
13%
45%
46%
10%
11
♦10%
11%
11* VB
11%
11%
21%
21%
21%
21'/8
21%
X21%
80
80
80%
80%
80%
*80'/a
80%
x80
8
8%
•J 8%
4,300
8%
8%
8%
8-3/*
3/*
8%
93/8
22,000
19 y*
19%
*19%
19%
£19 Ya
197/s
*14%
15%
•14%
15%
*15%
15%
*15%
15%
100
19%
19%
19 3/*
19%
193/*
193/4
213/a
8%
8%
8%
8%
87/a
9%
2,900
26;400
20
■■
8%
8%
*40'A
25
24%
25 y*
15%
16'/*
16
16%
-
4iya
7%
7%
8'/a
41%
25
*40%
♦102%
>;
'X'iu 9%
10
152
*149
13%
41%
42 J/a
25
243/*
247/8
243A
25%
16
16%
16%
16 V*
16%
17'/*
*103 %
105Va
103%
105%
42
>
*73%
'■■
22%
'
73%
35
38%
par
*93'/*
94%
*93%
94%
Corp
1
—No par
*48%
100
13%
2,000
11
ll3/*
16,800
74
74%
75
*74
75
373/4
*36
38%
100
21%
22
22%
1,600
75
*74
'
200
*36
X22
>22
138
♦134
138
*134
37
38
38
39 V*
387/a
39%
81,000
38%
38%
38 %
38%
39
12,600
*93'/*
96
:
10
126
105:.
.
21%
V
►134
138
*93%
95
138
io y8
10%
10%
10%
>
10 Vs
48%
481%
48 3/*
48 3/4
-.
48%
125%
*125%
126%
106
*102%
100
50
125%
30
10%
K
106
126
126
*102
125 »/a
125
105
-
105
*101%
96
*93 »/*
*36
:v-
48%
48%
-
38
;
94'/*
94%
.
37%
36%
38%
/ 38
■
9%
*101%
;
13%
11%
22
49 ,•(■:■;;■;■J" >
♦125
; *101% 105
13%
10%
10
10
*48%
*125 >126
100
13 Vs
10%
37%
35%
^
13%
136%
■;
37%
/
110
13
10%
36'/*
136%
10
49%
200
2,400
154'/a
13%
22
38 '/*
10
152
10%
*36
22%
♦134
136%
152 Va
'4,100
97/a
10%
f
37
'•■
22'/a
:
.
152%
'
109
9%
93/*
1,100
7,200
13,000
613/*
105
108
9% ':
153
153
154%
59 3A
59%
*105
9%
'
9%
*
59%
106
;
■
74
10%
v/< *35
36
.
59%
'
42%
13%
13%
73%
74%
36
106
10
♦152
59
;
.
104%
9%
13%
10%
59%
59/
104%
*42
105
*103%
105
*102'/a
.-•
152
400
43
24%
16%
/
10%
13%
10'/a
•
25'/*
10
'152
42%
8
16'/a
59%
,
9
«'
8
8
24%
■
104'/*
59%
104'/*
7%
•,41%
105
*103%
105
59 %
170
19%
15% .;
19%
•
7,700
19%
7%
>'■ ■•'
•
15%
8 'A
800
'
19%
8%
19%
,
11%
: 8%
8
*19%
*9%
2,100
80
*78
.'i'/V: 8%
*104
2,700
22
8>/a
*102'/2
200
2,400
.
9%
21%
80
*134
44%
9%
11%
8'%
*22
9%
44%
'44%
X44
44%
9%
21%
19 %
.
9 %'
5,400
"
.
25%
v
11
35%
preferred
oonv preferred
25 Va
13%
21
35%
3%%
*25
13%
■
12
38 '/a
No
'25%
34
21%
No par
common
33%
My*
"
*15%
16 Ys
19% /19%
100
13%
13%
*99%- 100
33%
33
33 '4
25%
14
13%
44
100
lOfr
100
32
25% '
*25
44
44%
100
32%
8%
,
,
1,300
27%
No par
—
Instrument
Mills
37%
100%
100
•
15%
com
Corp
preferred
9
May 14
.
32
28%
5
——.
95% Apr
IS
13%
37%
37%
100
32%
15 %
14
'
General Electric Co
40% Feb
xl22
preferred
Foods
19,900
38%
32
27%
7%
50
preferred
2nd preferred
General
4,400
15%
1
com
common
8
88% Jan
Mar 13
Inc
conv
7%
1,100
19%
28%
,
No par
General Cigar Co Inc com
-
54%
18%
i5Va
13%
*19'A
1
No par
39% Jan
Aug
16% Mar
9
1st
'•*.'■415
2
54% July
131 y* Feb
o
13%
13%
54%.
19
108
99%
32
54%
xl9
27%
1
com
(The)
Baking Co
31 %•
*53%
19%
31 Ya
36%
37%
*99%. 100
32
200
54
19 y»
15%
20
39'/a May 14
Mar 19
34
37 %
100
32
*53
19%
19 Y«
1,400
3,900
49%
105'/* 105 y8
27%
*78
5
No par
100
50
No par
Jan
144
May
36%,
*99%
13%
21%
No par
Jan
J 24
103
Dec
May
100
v
36%
53%
*53
19%
19%,
43 v*
4%
26
39% Apr
•7l
'.: 37
54
*52%
32
*11%
190
preferred
preferred
General Bronze Corp
General Cable Corp com
9
11
105%
*105
15%
1
common
$8
3
14%
*105
105%
105%
27%
Corp
preferred
General
19
May
105%
'25%
$4.50 preferred
100
General Amer Transportation
5
$4.25 pfd series A
No par
-
9
8
105%
13%
1.66%
General American Investors com—1
29
11
►105
27%
'
4%% conv preferred
Gaylord Container Corp
May 12
10% Jan
105%
-15%
No par
Sugar Co
Gar Wood Industries
4
61% May 14
6
61%
48%
44
Gamewell Co
May 14
102
50% Mar 11
Oct
Dec
22%
61
48%
22
*61%
27%
Gardner-Denver Co
,
17'/* May 14
43
22%
63%
48
100
6%
22
62
33
.
9 y* May 14
43 y*
Nov
48
*101
:
8
23%
14% May
10% May
30
5
21%
140
1,500
1,300
9%
Gabriel Co
(The)
Galr Co Inc (Robert)
9% May 14
20
23%
48 %
45
cum
22%
22
48%
100
415
22%
61%
33
5
22%
22%
21%
*99
Pruehauf
6
99
22%
22%
*98'A
62
a3%
1
Freeport Sulphur Co
10
Froedtert Orsln Ac Malting Co Inc-1
14
18%
31%
99
22%
♦44
Stores
29%
98 '/*
99
10
Franklin
29%
98%
28%
98%
108
Francisco
29%
99
23%
99
Foster-Wheeler Corp common——19
6* prior preferred
25
-
29%
800
•
*15%
Corp.
Food Machinery Corp (new)
3 Yi% mum cony pfd
35 % May 14
,
—7%
Corp
Steel
16,100
28%
28%
48
*31%
Food Pair Stores Inc
24
19 V* May
91
Power
Foilansbee
2,600
21%
*99 %• 100'
Florsheim She# class A.
23% Feb
10%
47%'
19>%
Dec
10%
9%
10
61 %
53
Aug
17% Jan
1,100
10%
■■
21%
19 ye
24
18%
10
39
.
48%
'36%
Stores
Carpet Co>_
17%
61%.
He per
(The)
38%
18
21%
——Ho par
National
Shares
38%
"
48
Fllntkote Co (The) common—NO par
84 preferred-*
Ne per
-No par
Florence Stove Co
Firth
18
21%
53
5
38% May 14
102% Jan 15
,
38%
18
'
the Week
61%
48
►105
preferred
18
•ales for
;
*
>
100
4%%
40%
18
May
14% Jan
9
62
48
(2145)' 17
■9 per share
9%
9%
22
22%
•62
38%
38%
Friday
May 14
May 1«
9 per share
I per share
38%
17%
38%
17%
10%
*97%
*21%
First
39
Thursday
May 18
28'A
28%
.10
Wednesday
per share
*9%
*99
Firestone Tire 4k Rubber com.—25
2
26
13 % Feb
Jan
28%
* Tarrant
Mfg Co.
Ferro Enamel Corp
—
Fidelity Fhen Fire Ins N Y.
5
19% May
11-
Feb
30
Jan
May
58
Feb 26
x98
110%. Feb
23
105% May 11
14% Feb 20
24
30
Jan
-50% Mar 31
49% Mar 18
Dec
99
Jan
23% May 14
22% Apr 22
62%
May
'$
9 per share
18% Jan
107%
104
2 per share
Tnesday
May 11
May 10
42% Apr
19
Apr
97% Dec
Jun
Par
i
.
11
8% Mar 11
28% July
V
Monday
May 8 "t
Mar 11
14%
Feb
'•
'
*
SALE PRICES
AND HIGH
LOW
V
-
-
RECORD
Saturday
EXCHANGE
9% May
20
STOCK
STOCK
NEW YORK
Highest
9per share
23 V* July
May
16% Deo
YORK
CHRONICLE
STOCKS
Year 1947
Lowest
^FINANCIAL
*102
3,200
3,400
210
*
/•
Bl%
Jan
120%
/
Dec
129
Dec
107%
84
65%, Feb
13% May
18% Oct
125
:
17
16% Feb
Feb
«
13
16%
Jan
11% Jan
22
31%
140
Feb
18% May
29%
Oct
36%
Jan
26
,
124
Feb
May
;
101%
22% Feb
13
31% Jan
123% Jan
35%
Jan
:: 19%
Apr'
30
Feb
22% Feb
i
Jan
13
Dec
106
28
Mar 30
',26%
Dec
11
„
98'/a Apr
22 y* Feb
14
8
29
Apr
2
90
May 12
Apr
1
Gen
1
Jan
Time
4y*%
Inetr
56 y»
122 7/a
122%
97%
97%
15
15%
.15'/a
15%
'
19%;
.
19%
■
■
1.15%
15%
15%
;*3%
,3%
3 %
,12%
13
28 %
par
100
10c
*27
6
27%
-
26%
118
13%
13%
20
27
'
27%
318
■
*29%
29%
28%
101'A
*99%
101%
251/*
25'A
24%
-
19%il97/a
15
33/8
13%
27%
263/*
27%
26%
a 26%
118%
*
118%
29%
28
127
6
27
27%
85
Dec
81'
.•
40%
May
>
98 /
Feb
Feb
Oen Tire It Rubber Co com—,—_8
,
/
25
I
29%
29%
27%
*99%
101%
25%
25%
26%
25%
■
23
82
4y**
»%*
•
preferred
preferred
100
100
98
*79
:
'■v^-
*88%.
90-
81
*88%
.
h'i:
*79'
82
<,
♦80
82'/a
''•■■
*89
82%
'
92
*80
90
90
90
*88%
v
j/'- }■''*80
'
2,600
1,100
29
*100
101%
27%
X267/b
*89
10,500
£
92
*80
82%
'//•
82%
900
470:
•
29%
28%
29 V*
101%
25 y*
29-
101%
25
;
•
1
10
72% Jan
<85
108 V'.: Jan
Not
*
1,900
120
29
'
i) 21%
140
26,500
28
*119
29%
1,200
6%
273/*
120
28%
♦99%
29 "/a
29'/a-
♦99%
27
*124
•27 Va
,H 118%
29%
3,500
8,600
38,300
14%
6
27
26%
119
'
29-
14
26%
27%
2,200
16
I 4
127
26%
*124
124
'/I*
3%
14
,
5%
27'/*
29%
*99'/2
'
193/4
5%
26%
26%
118%
3,200
1$%
5%
27%
1,200
16%
'
19%
5%
'!■
700
97 V*
16
:
16%
53,500
123
96 %
15%
26%
26%
124
126
27%,
27%
27
27%
27%
•
v
59'/*
1223/*
'•■3 %•
13%
5%
26%
.
19%
^ 3%
♦124
118%
26y2
1181/*
>.
15%
15 %<
3%
5%-
27
.*':■:■;•■■.
19%
*15%-
3 V*
,
57%
V
■
15%
15%
13
.
27%
5%
-
•
57 YA
123 Vs.
97%
15%
19 %£
^
xM
123
v.
3%
v..v
126
*124
126
5%
13
"
12%
'■/>■, ■•*27
28%
*124
•
V-;-'
*97
15%
3%
5
57 y8
-
^19%
.
15%
10«
com—No par
100
Corp
preferred
57%
*122%
97%
■i%
/•/' '/
par
No par
General Telephone Corp
x56%
122%
97 Vs
147/8
19%
14%'
„\*19%
-
Oeneral Shoe Corp——.——1
Gen Steel Castings $6 pfd—No par
2
57%
122%
57%
123y*
*97% 4/97%
Co—1
Refractories
General
12 /
28
Cement
::56%
51 Ys
*122%
No par
Gen Realty 9c Utilities.
5
99
2
Feb
General Portland
10
No par
-No par
Precision Equip Corp.
No
Gen Public Service
r
Gen Public Utilities Corp—
Gen Railway Signal com——No
6% preferred-
29'/a May 11
30'/s May
6
11
Apr
com—
series
$3.75
Gen
6'/* May 14
Feb
25
25
,.95
28'/a May
110% Feb
124% Jan
Apr
1
May 14
128'/a Jan
»"•
Motors Corp
preferred
Preferred
Gen Outdoor Advertising
14% May 14
May 12
4% Mar 11
"
-
<' v 4
21% Mar 16
Feb
6%
«
17% Apr
3
2% Feb
$5
10
16% May 14
20% Jan 12
11
Mar
Feb
3% May
■S\
14
4%
Oeneral
-
124% Mar 25-
> 98'/a Jan
12% Mar 17
26
Oct
A 59 y* May 14
19
93 y* Feb
20% Dec
<2% May.'
: 11% Dec
.19
May
♦
119% Feb
Sep
19%- Jan
; 13% Dec
-
'
50% Mar 16
Mar
10
V'
STOCKS
Year 1947
Lowest
:
Range since Jan. I ;/■■■?//
Highest
Highest
/;/•>;
LOW
Saturday
,
SALE
AND HIGH
Tuesday ■*?. /•'
Monday
May 10
May 8
EXCHANGE
■:
f
-
NEW YORK STOCK
Lowest
■'■
■
v.;
■
Range for Previous
PRICES
Wednesday
.
Frldwy
May 13
Sales for
May 14
V
Thursday
-
May 12
May 11
the* Week
'
I per share
I per share
23% May
36%
Dec
90
Jan
30
Feb
22%
103
Dec
Dec
5% May
Jun
104%
21
Dec
49
Dec
41%
124
Jun
99%
Dec
3
May
5%
21
Feb
,
;
A
4
Oct
113
Mar
84% Jan
27 3A Jan
1
6
Mar 10
47% Mar 16
July
94% Mar 11
100
Feb
38% Mar 17
46
106
61%
109/
Aug
24
Jan
16% Feb
3% Feb
Oct
Jan
25% Feb
14
/
24
S
24'/a
*51
/
53
/•*:
.-No par
56
*98
16
preferred
Gotham
Hosiery
>
2
23
No par
No par
$5
Graham-Paige Motors
Grenby Consol USA P
Grand
34% May 14
Union
*99%
1
*92%
23%
23 %
23%
23%
237/a
18,900
82
81%
81%
:82
82
82%
82%
82
82
24»/a
243%
24%
253%
25%
26
700
13,000
24%
*51
53
,6 'ij tv
5%
118%
56
,7
119%
•118%
23%
23%
56%
57%
58 %i.
57%
98 3/4
98%
98% h
45%
45
99%
19
19
4%
/
45 3/*
«
8
8
♦33
36
24
59
58 3/8
61%
43/B
36 >
8
*98V*
:•
4%
183/*
*100
-
4%
-70
:
/
5,400
8,900
2,500
46
II,700
500
20
'4%
•
I,100
,
101
19%
19%
4% /
4%
-
101
300
100
44 3A
44%
/
2,700
v
5
50,900
'
8%
X7V*
7%
73/8
34 V*
34%
*34'/*
73/a
7%
34%
-
*99
y93/4
•
44 "
*100 i
*18% V19%
4% •
4%
34%
:
58%
100%
Xl00%
19
19
8%
8 .■:,■
*34
v
57/8
119%
23%
5-V* -
44 %
X44
100
100 /
.
19%
4%
4%
5
100
,J
53A
*118%
23%
98%-'
99%
'v • f
."T',v
52
(5%
120
58%
/.
120
*51
/
52
X23%
23%'.
)
:
♦118%
•v.'
5%
*53/4
6
*51
52
23%
;/
44 %
100
24%
24%
.*51
'118%
23
22%
.,923/4!
52
98%
—No par
Co-
10,100
923/4
>';/ 23%
44 %
19
94
/
99
,
94
92%
23%
5%
56%
44%
Shares
'
37
36
94
23%
118%
23
com
'
36 Ya
92%
■;> 24
119%
22%
(B F)
35%
:
23%
*80
5%7" 5%
•118
36
92%
*51
85 preferred
No par
Goodyear Tire it Rub com—No par
9
8% Apr
;
8111
—10
353/*
36%
35%
22%
80%
Inc
| per share
»r.
9 per share
I per share
9 per share
*91%
92%
23
Goodrich Co
2
Jan
•91%
22%
common
,
35%
35%
>36%
5
GoodalHSanford
May 14
5% Jan
5% Feb 17
8% Mar
41
9
9
20% Apr
27
8%
'
Jan
101
11
Dec
24 y« Jan
61% May 14
96% Mar 18
Jun
Jan
121% Apr 22
4
Feb
18
36
t per share
No par
Glidden Co (The)
com
No par
4%% conv preferred
50
Goebel Brewing Co
1
Gold 9s Stock Telegraph Co
100
2
19% Feb
Par
$4.50 preferred
5
Feb
Brothers
Glmbel
12
53% Jan
27
x-'/ •;/
• per share
Gillette Safety Razor com—No par
$5 conv preference
No par
May 14
95y»Mar 4
23% May 14 '
Mar 17
48% Feb
9 per share
:
37
33
,
13% May
31
Nov
:!;'■'■
71%
-
Dec/
95
Apr 30
Sep
7
/
91% Apr 21
17% Feb 14
Jan
V58
.
/
13
79
-
26 y*
51% May ?
27% Feb
Dec
105%
17% May
85
9 per share
353A
34%-
•
'
7%
343A
1,600
400
'
'
12% May
21%
Oct
18
* Feb
It
26% May 14
Granite
23% Dec
33
Jan
24
Feb
16
29% Apr 23
Grant (WT)
107
Mar
Feb
26
3%% preferred
100
Grayeon-Roblnson Stores cqm
1
$2.29 cum conv pfd
No par
Gt Nothern Iron Ore Prop
No par
'
j
90
Dec
9
133
Dec
.
69
'
-!
Feb
17
Sep
49%
29%
Dec
96
Jan
9% Mar 16
13
May 14
Mar 27
33
Apr
90
Feb
Feb
29
16
23
*
Dec-
34% May V
j- 20
t!
14%
.37%
Dec;
12
■
f
May
;28
;
12% Jan
V
•*
163%
Jan
,70"
May
14% Dec >•
22
,
Apr
10
29% Feb
23
Mar
Northern, Ry
6%
pfd
Jan
20
77
Jan
27
Green Bay 9c Western RR
Green (H L) Co Inc_
37% May 14
16% May 14
Mar 16
24%
'•:24%
—5
*27%
27%
27
93%
12
35%
*13%
-No par
No par
100
100
,
14
47%
137
i>
■r-47-y
92
•;.17
12 '
July
Dec
105%
33
May
4% May
'-78
? 8%
1
May
IQ^Feib
Dec
Feb
91% Apr
Dec
30% Feb
*5% Mar
Jan
95 •" ' Dec
85'
5
12% May 14
97% Feb 11
16
4y«*
138
138
7
9
7
/ Jan
2
92% May 11
8% May
14%
Feb
12% Feb
11
1.19 Y* Apr 23
31% May
"51 ,r
Dec
44
Feb
10
'
;>57% Apr
"13% Deo
76%
Dec
57% Feb
10
16%
Sep
14
Jin
1
Feb
10
56'/* Apt
75%.Ian
'
30
5
>'
21%
139 V*
139
-'139
*62%
64%
36%
36%
16%
16%
16%
,
*94
12
16%
95
*
403/*
6
i
.
♦92%
.
/ 17%
6%
5%
4)Vl
5%
37
-
♦62 V*
36%
-l6Va
-
16%
:•
55
29
73%
74%
73%
74%
16%
16%
16%
♦33
35%
,♦333/*
35%
•14%
14%
;
HaekesuMok
<1
6
39
39%
'
147/8
v
139%
-
'
■
,
38%
92
v
■i
!
5%
■
Z
92
*91%
,
17%
'.18 /."
17%
•
55%
' 55%
55%
55%?
74%:
•
74
74
74%
."743/*
17%
16%
16 3/* •>
'
18
-
*34
iV
10
93;200
^220
/
-
39%
6
16,700
5,300
'r'
95'
/
40
17,900
17%
19
•55»/a,.74 »■ :
56
:
74 Va
£
•
1,000
17'A "17%
173A
17%
v
3,800
■-1'500
-V :
12% ^12 3/*
39%
-
*
'•■>
*95% i' 97
96
'
64%
37%. 37%
116%
3,700
11,100
•5,100
100
-j
'21%
16% *>16%
5% "U6
6
93
*62%'
..
18%'/ i
■>16%
35
139%
37
-55%'
'
74%
16%
Oulf State* Utilities C*
>
55
39'/*
*92
92%
•■>17%.
He par
17% May 13,
*54
/ '•"
•5%"-
5%
54%
No par
143/4
21%
64%
'
96
♦94% "96
.1"
40
37%
54 %k
preferred
Gulf Oil Corp
5,600
12'A <12%
11%''.'.12%
■
95
92%
18%
17%
12^
■
*94
93
•92%
17%
■•/.
403/a
40
93
.
95
95
41
11%'
12
11%
300
13
36
47% '£49%
140 '
*138
62 YA
62 Ya-
36%
V
11%
94
12%
94
'
64%
-35% •/ 36%
>16%
3,200
*33%
14 3A
143/s
139%
5,000
,
'
12%
36
.'47'A '■47%
'•
21%
21%
47%:
21%
47
.
♦62%
163/*'
•16%
;
preferred—:
$5
21%,
36
35%
S
—
—100
Grumman Aircraft Corp
_1
Guantanamo Sugar common
1
$5 conv preferredNo par
Gulf Mobile * Ohio RR com_Nopar
43% Apr 16
11
Feb
Common
21%
21%
>■«
473/4 v
27%
94
123/8
*33%
.
•
14%
14
93%
12%
,*33%
36
14%:: 14%
64%
*62%
Greenfield Tap 9c Die Corp—No par
14
47%
21%
12%
12%
36
,
93%
,93
93%
S3
-
V 11%
*33
13%
21%
137
1
12
36..
46%
'
47%
*21%
94%
12
*33
27
26 V*
25%
26%
25%
.263/*
25%
27 V*
263/*
27%
27
25'/*
/; 25
25/'.:
■/.. 24%
27
*93%
93%
*11%
*33
24%
Greyhound Corp (The)—
9
«
No par
Great Western Sugar com.
1%
preferred
2
144
'
21
14,
Gt
49% May 14
Steel
Co common
'
,5' Feb 27
60
,21% Mar
14% May 14
it
Jan
132
Feb i
35% Aug
Oct
19
38% Feb
20
277/* Mar
City
*24%
18,200
"12,000
H
32%
39
Jan
31
14
Jun
19%
Feb
12% Mar
9
15% May 14
Hall (W F) Printing Co
13
Dec
19
Jan
13% Mar
3
14
Hamilton Watch
87%
<
Dee
Dec
112-
Feb
79
Mar 22
89
<102%
19%
148%
...
Dec
>
108%
•>;
-27%
Apr *
Oct '
28 % May
160
,
X101% Feb
Sep
Dec
Jan
39% Jan
10
21% Feb 24
147
Mar 24
r
For footnotes see page 24
27% Mar 16
Aor
-/*
Jan
10
5
Jan, 12
104% apt
9
28
-134
-
Apr 28
Co
28
00m
5
No par
41$ eenr preferred
100
Henna (M A) Co $4.25 pfd—No par
12
26% Jan
150% Jan
„
Water
,
Harbison-Walk Refrac com—No par
6%
- •
Hert,
preferred
-
Scbsffner
9c
100
Mar*—__—-10
-
13%
*83
*103%
♦24
*148
13%
14
104 %
104%
,104%
24
25 Va
*148
152
-
82%
•
♦24
-
♦10,4
150
152
32
■:
32
32
,
*35
353A
15% >•*',
♦15
15'/*
15%
t.
-
14
,
13%
13%
*13%
83
*81Y-
82%
*81%
♦103%
105%
.-105'%•♦
32%
150
32%v.:.:.
'■
24
'
--*24-—24%
'
/ 732 ;/■/
».'
14
84
; .*83
84
15
*148
103
-
..
—
152
'
J
:
32%
32%
15%
15%
137A
*32%
13%
.
*
82 Va
152
80
r.
15%
2,500
13%
600
'82
30
*103%-104% ;-
103%
24%
24% -"24%-
*148
353A
*34
34%
35%
*34
4
15
15
*13%
*
33 ■"
*
"25'/v.. ;
*1^48
f$2
J'
33% -34*
-
>■
.
20
,
.
40
-1,700
,v
600
THE
(2146)
COMMERCIAL
york
new
Range for Previous
t per
Range since Jan. 1
Lowest
Highest
$ per
share
6 ft May
0
100 Va
Feb
6% Feb
79
Hat
9
Jan
5
9%
Oct
Dec
35%
Jan
26% Jan
May
•30%
Jan
21% Feb
14
26% Jan
90
Dec
103%
Apr
78
27
87
Jan
13
35
May
Feb
35% Apr
13
42
Jan
2
X95
Dec
July
95% Jan
23
101
Hayeo
49 V2
Nov
68
Jan
140 Vjt
Dec
165
6% Feb 11
x20
Jan
14% May
50 Va Sep
126
22%
Mar 10
Jan
51% Feb
140
63
Feb
46
Mar
121
57% Apr
*
29 %
Dec
38
118
Oct
134
20
Sep
27% Mar
Sep
Sep
114
Jan
29%
21
-
2
10®/8
26
14%
Dec
33
Apr
Dec
28
20
21% May
10% Apr
>
14% Jau
1
24
5
31%
Jan
21% Feb
20%
Oct
May
25
Jan
Jan
•48
Jun
13% Feb 11
15% Feb 14
37% Apr
7 >
•
14 y» May
17
35 V*
30
Noy
Dec
36
'
26% Feb
,
'
14
'56
Feb
36
28 Va
Jan
36
Oct
Dec
Sep
88
-
105%
:
Mar
!
»
9
;
27
Feb
,
Mar 80
*25%
*26%
29 Va
*26 VA
*82 Ya
84
Chemical
Hotels
*
"
'
Apr 30
3%%
11
33% May 14
Houston
20 Vi
Dec
29
Feb
19
11
22 % Apr
Howard Stores
*
43%
12 Va May
Feb
Jan
,30l
7% Fib
;
2
5
20
17
13
10
34% Jan
14% Mar
15% Feb
3
Mar
»
21% Oct "»
.
15 Va May
3% May
44
.
May 14
26
-
-
;
5%
14% May 3
43% May 14
21% Jan
19
-
.14%
:26:
."v
.*1378
38 Ya
7
t
.•
♦33
32%
*91%
92 Ya
43
31%
5
Car
Hupp
14 Va
■
.
',
18 Va May
37% May
93
Jan
15
Jan
97
:■•:■
21%
/
12 Va
1Q7
95% Mar 10
34% May 14
Jan
17
Dec
1
4
• i
.
.
119
150
20
43
10
:
34% Mar 10
i
17%
Nov
15% Feb
11
/'• 8%
Feb
6% Feb
11
21
"Dec
108
Mar
3
May
7
Feb
9Ya May
15 Va
May
.
4
.
Jan
July
95
14
:
42 Ya;;
W
163
Dec
186%
Jun
0
May
10%
Feb
22% May
76
U
5% Feb
Oct
23% Feb
Jan
74
11
,
130% July
38% May
82% May 14
Feb
24% Mar 16
137
Dec
.59%
Oct
42% Mar 17
107%
Sep
86
Jan
2
9
Dec
May
Feb
Dec
116
Feb
Apr
-.58%
Feb
90% May 13
52% Jan 24
46%
37% Jan
40May
32
Jun
16
45
43
Feb
30
17%
9% May
Feb
17%
May
Feb
27%
,
Mar
Oct
158
Aug
137% Jan
$4
: Int'l
4
5%
preferred
1*>
:
International
59% Apr 27
35
/.
15
May 14
15
7%
; May 14
'•
26
May
30% May 12
1
18
36
Jan
19
Year 1947
:
S per share
6%
Jun
19%
Dec
v
39% May
53
'
$ per share
13% Feb
24% July
104%
Range since Jan. 1
Lowest
I par share
Dec
80%
Highest
7
6
9% Jan
II
Jan
2
Jacobs
•
39% Feb
18
46
,
Dec
May 14
:
89
104%
Sep
92
13
99
Jun
May U
J-
,
37
46%
Oct
34
Dec
125%
Oct
108%
24% Sep
<
Y* Feb
10
11
III
20% Feb 19
30
98
Dec
112
Jan
100
Dec
151
Deo
145
25 Va
J an
r
39
101%
'• 4Q%
Feb
100 Ya Feb
34% July
145
27% May
86 % Dec
Feb
:
10
29
152
•
,
104
Jan
Feb
29
Feb
83 V* Feb
Oct,
41% Jan
V* Mar 10
31% Feb
11
Jun
22%
14
Feb
11
Dec
May
29 Ya
Dec
47% May
13% May
58 Ya
July
48% Mar 12
Nov
14% Mar 17
41 Va May
108 Ya Mar
18
90 '
26%
Feh
20
21%
t
Feb
23% Feb
Oct
17
19
52 Ya Jan
42
17
U
% Feb 20
Feb
10
1/a Feb 13
x47
39
:
5%
:
preferred
May 12
,
■;
21 Va Jan
36.
Feb
13
43
19
Feb
11
23
116%
Feb
11% May
20
Feb
92 Ya Feb
11 Ya Feb
65 Ya
85
Jan
63
Dec
Jan
4142
11 Ya
13«'a
!
33%
33%
33%
34%
81%
81%
82 Ya
82%
4
38
'38%
*18
7 ; 18%
■
>
>
29'/4
*
10 % (10%
Oct
Mar
29®/# Feb
21
19
8
11
Jan
-
•-
10%
Kelsey Hayes Wheel
Class
-
103% Jan
17
;Jau
Aug
91
Ya Jan
5
Jan
20
Oct
32
Feb
13
38YaJan
2
95
»
<•
2
35% Apr 23
*96 Ya
93
93»/2
56
57
42%
42%
42%
57 V,
57
/Y/57a
35;
7
*34%
-
.
B
v
34 Ya
34%
Koppers Co lnc
22
*18%
54 Yb
48 Ya
49
38
Cumulative preferred 4%
(S S) Co..
*
Feb
45
% Feb
16
40%
52% Apr
3
Apr
52%
Kress
Oct
41
Feb
13
46% Jan
2
620
803
; !;
700
42%
57%:
h
1,000 •
35
103
77
14Va
14'
14%
14%
15
2434
25
25
25%
/
30 Ya
30 Va
30%
30%
30%
29%'
7' 1,700' ;
35 Va
35%
35%
.36
36
144 Ya
*140
30
,
*140
144%
SALE
7
I per share
••
7
84
44 Va
45
*44
98%
99
99
45 ••<-:•••',v
•
**
39
/ 7,
y
110 Yb '
38%
109
27Ya;:
v*
.
103 Va
*142
82 Va
45%./">,
99
;
39
.
•
23 Ya
103%
,
160
*145
155
*107 Ya
28 V2
1035/8
33% >'
34 5, a
33%
*155
v
34%
34 Ya
■>,/: 34 Ya
>, *89%
90%
*39%
/>.
90% •'
38% >.
38 Va
37 Yb
.
38 Ya
Vi;
109 Ya
28 Ya
•<• ••
45
*98
..■
103®a
28%
104
>
10,200
1.500 3
2,400
144
38
;>
37 Vi
:-.:
20
37 Va
Friday
8Ya
45
for
99
46
39%
/>
•
46
v
30
>;v
35
/
800
4,500
:?y.yy 7o
170
36%
*89%
90 Va
37%
38
60
19,000
30
105 Ya
34%
>••
90%;
,,
111 Va
*103 Ya
*155
170
600
V
40%
39 Vi
30 >
'
160
'./••
99
109
103%
4,400
/>.:; 700
82 Ya
*98
109
Shares
21
82 %
:•> •■/»-.
,
the Week
7: 9 V\;
9
> 20%
83 %
y
Sales
May 14
S per share
21 Vi*
.7
*
May 13
:./
8%
>> 21%
109 Va
•
130.300
7
36Y4
*140
Thursday
8%
' 38%
./>
:•/;
36 .7
I per share
83 Ya
8%
83Va
39%
109
.
28-
,
*
,
*
*29®/B
144 Ya
21 Vi >21%
8% >
21Vi
15
14Ya
PRICES
$ per share
8%
14 Ya
14: ;•
-
Tuesday
Wednesday V
May 11;?. 7:">• *,:. May 12
21%
*83%
K)
18%/ v;y. 19
*19
19
&
.10
v
*99Ya
,
"
54%
54
•>
.*93V'a
10
16
36 Ya
*49%
42%
t
58 Vi
15%
15%
22 VA
♦22
18Y4V.
18
;
54%
39%
27,800
•
>•7
6,100
Ci
100
12%
33%
*93 Yb
36%
.
37%
37%
37 Vi
*57
58 V2
*57
19
'•
■
'
41%
58
58
15 Ya
16 Ya
1,300
:/•
22 Ya
22%
600
4
19 Ya
20 Vi
5.500
22 Vi
18 Va
18 Ya
19
19%
53%
54 Ya
54^
56
21Va
x47
38 Ya
:
47%
*38
47 Yi
100 Ya
12 Vi
.
*71
33%
50 Ya
42 y4
*93Yb
,,>
36%
*49 Ya
33%
.
94
363.i
.
42 Ya
21Y4
'
10034
99 Va
34 Ya
94
100
34
'
56
.'
48 Ya
49 Vi
/
38 Vi
39
21 Vi
22 Ya /
99 Ya
21Yb
Dec
14
44
9
Jan
Me pmge
24
11
12
20% Mar 19
Jau
Dec
24
Feb
6% May 14
s.
Apr
5
Mar 24
Laclede
Oas
'.4
Light Co
La Consolld 6%
75 Pesos Mex
Lambert
£
<*
Co
pfd
(Thd)
—No par
5%
5%
10 Yb
10%
•
21
-
21
5%
9
-•••,/
-
4GO
j.
]
,
;
y
/ 34,900 j 1
9.200
*93 Ya
37 Ya
37 Vi
<
1
j
•!
34 Yb
95 •;/
; x36%
37Ya
50 Vi
50%
51
50
50
42 7%
42%
427/a
43
43 Va
5% "
Ya
21^8
5%
9 Ya
21%
5%
934
.
9%
21 Vi
21%
;
.
i
49 Ya
49% /
46
.... ■.. '
4,ioJ
70
37 Ya
43%
.
4,700
:
1.700
4,500
'.*>"
.
5%
.
6"
6Vi
*9%
10
21 Vi
21 Vi
.7 *9 Ya
'
21 Ya
6Y4
-
6 Vi
*9 Ya
.
10
21%
!
6%
l'O ••••-,
21 Ya
22
*
—.«•
3o
93%
493,i
,
400
73
34Y4
5
160"
12%
*71
94
"42%
r
600
3,000
100
12
12%
73
34 Vb
I
*99
99 Vi
*12
>v
11
21,600
.;
57 V2
47Y4
'•
4% Feb
-
38'/a
*71
.
35
.94
36%
37 Ya
.'♦•/
73
.
*93 Ya
1,
*38
21Y8
12%
*71
•
■5
21Ya
*11%
12 Yb
73 "
.
Feb
10?;
f!
39
22 Y4
38%
900 h-
/./;,■
15 Yb
21%
543i
98
58
> 21%
487i
719
38%
15%
:
;
*95 Ya
7*77
15%
1
73
42 Ya
19
98
*
>'
•
21
18%
*95J/a
/.15%
18 Vi
38 Ya
100
*12%
50 Ya
.
y
98
*95Va
Y
22 Vi
48
,
21
*71
36 3i
.
;
"
73-
94.
'
5i3%
49
12 Ya
.
37%
58 Vi
■?•:
..
38 Ya
207/i
33% -34 Vi
100
1
•',.
48%
/ *38
100 7
*71
ser
58 Ya
98
;36^i
37
*21%
*17%
v
20%
.*12%
No par
Co
'
■'/9.8 7-
97 Va
58 Ya
y *15%
18 Ya
/ 20%
No par
Kroger Co (The)
footnote*
'
Y<7
■
-14 Va
8%
36 Y8
-
38
No par
...No par
Kresge
<S
22
No par
common...
59
For
3,500 !/
/:
13 Ya
90%>" > *89:V
*96Va
36 Y«
:/ 58%
5
/.^
$5 prior preferred
•
v
Kimberly-Clark Corp com
No par
4% .conv 2nd preferred..—,
190
Kinney (G R) Co common
1
Juu
9
800
13%
LOW AND HIGH
100 !>"
18%
>
15 Ya / 15Ya
__1
45
20%
,
57'/2
42%
57'Za
>•34%:
57%
■
.
*56
'
25,700
.7'
24 Ya i ; 24%
♦140
155 7
.97%
36%
.*57
4.5
class A—1
Kern County Land Co
Keystone Steel & Wire Co
■
2
137/8 Jan
75
conv
Kennecoffc Copper
8
40
7
210
11V4
92'/4
42%
57
,
Y«
10%
90V4
,
-
7
•42,500
V-
10
*
31
Jan
.
102 Ya
4% May
31Vi
139 Ya
*138
7;-
200
10,000
10 Va
92
91%
*55 Va
21Y4
j
5,500 V
■£*
41/4
29%
139 Ya
'Y
137/8
35%
84 V2 ;/
7 37%
4 %
4
•
-
137/a
Monday
May 10
38 Ya
750
25 y4
Y
,:t*.
11,700 ,V
717,900 7
13%
35 Ya
32%
98 Ya
8'%
4
I
1,900
168 Ya
r
2 Va
81%
.Y
V
.243/4
.
30 Va
*89
97
168
8V'a
42 %r
•
42 Va
13 Ya
*142
4
97
169
7Ya
'
33
1421/4
60 3, a
105 Ya
90Vi
141»/4
26,600 i«-'
971/2
Y
27 Ya
15 Ya
59
,*104
<155
32%
*89'
...
Kayser (Julius) & Co__,_._
;
2
57 Ya May 14
51
Apr 20
Feb
38%
28
•;,
7
15
*96
57
*107 Ya
105 Ya
J".:
170
•
preferred
100
Kansas City Southern
com_;.No par
4% .non-cum preferred——100
10
Feb
May
*37%
*104
3,500
2,600
33%
33 Va
92 Va
44%
»
96%
*138
10
*99
38% K 38 Va
%
141%
163
■
•
138%
56
84
*107Va HOVi
Y
:
7%
:•
*80%
•■:> 4
Power & Lt Co—
3.8%
.
24% Jan
27%
Jun
■1
97 Va
168 Ya
6%
138'/a
92 VA
>,•''• 8%
44 Yo
•
».;-Y
14%
,7
90%
58%
# per share
100 Ya
142 >
14%
141 Ya
139 Va
11
*21
'
23
Y'
800
V 3 Ya
96%
96%
*140 > 144 Ya
8%
v
3
2%
53
34%
21% Y
96T4
4
.
if
9,000 >.
;
-J
96%
29 Ya
>84%
*99
t—..1
•
Kansas City
May U
Apr 23
16% Apr
2
49 Va
Dec
k
v
r
-*44 Va
series A._.__... 100
i Kalamazoo Stove & Furniture..
41% May 14
59
Apr
103
No par
preferred—100
Joy Manufacturing Co.,
:
8%
;• 96%
8
96%
•>-'"
*83 Ya
22%
•7 *73'4
22%
58%
29 Ya
*21
r
1,200 7,
'10.200
44%r
57%
13%
r
5,600
%
20 7 a
96 Va
25 Ya
t per share
600
50
43'%
19Ya
8
7*
:
'I
4,500
/ 156
7%
>■'.•22
28
56
./
15
*28%
92 %
p:
20
28 V4
11
4 12%
Saturday
May 8 .4
7
43%
19%
12,000
•'
> 144 %
59%
13 Ya
t
43V4
'
■£■
96
25 Ya
7
144
*153
-y
96
13%
•
v
:
^
■
-
156
58%
25%
*
53
143
59%
1J%
36'
52%
52%
143
8 "Yv;
96
35.
144 Ya
13Ya
52
150 >
1,390
/
11 yb
13 Ya
?
::
1,200 IT
f
24%
13%
29 Ya
*34 Ya
140
10 7 a
23%
28%
>
35 v.f j
*35
/' 31%
23%
81%
37a
>*34%
50c
34'/2
31%
10%
*153
43%
*167%
6%
35
—i
97%
4.90Q
28,100
Y;
0.
96 Ya
*25%
com
tl
97%
.*33 %
new..
97 Ya
>
80
13%
-'•r
.
Y 20
*7Ya
'33%
139
,__l—No par
cumulative
19%
57%
Joliet & Chicago RR
stamped
1100
Jones & Laughlin Steel .com__No
pa.'
8
May 11
98
21% Dec
4
May 13
Jan
Va
No par
com
15,400 *
32%
36%
79 •>
10%
53 Va
143
x43 Va
:
168 >
X57Y2
1
lnc
.
:
92%
';
900
■
•
39%
78%
97%
23 Y,
t
136
*
32%
36J/a
; sc 31%
13%
141%
*153
32 Y4
3514
1*96
> -? 23 Ya
23
'141%
58%
30 /
96 Ya
■
53
•
142
33f
139
'
*54
13 >/4 •'
32 r-v
Y
14%
58%
>
4%
4 Via
^y.-7jvj*>>'
77%
14%
59 Ya
13'
y*
78
3%
w^..No par
Stores
32
35%
14 Va
*58%
Johns. Manville Corp com.;..No par
: 3 Ya %
preferred
100
Johnson & Johnson common
12 Ya
4% 2nd preferred series A—100
,
20% May
13% Jan
7
4% 7 Y/y
r:
18% Y
>>'tl-.'
7
27/'a
*80
4
96Ya
56
>
2,100
V
.
22 Va
25
Co
Co
-/V,
29
96%
31,400
4
96%
6Ta
28 Y2
59
10,300
21
18 Va
■
;. /•*,;;••
23/4
96%
138%
,
43%
•
21%
167%
33 VA
59 Va
1,700
35/000
17%
(■;
.
,
Feb
16
?0
2
Mar 31
r
Tea
3%%
9
36% May 14
93% Apr 16
40% Jan
2
6
94
25
Jan
Jewel
3"
14
139%
•
42% /::'? •-"4 ■>'. 42Ya
/.ft: 19 Ya
1934
4%
*95%
97 VA
'
81 Ya
>
500
13Y.
1/ ••■
27a
♦138
*80
•'/:
23,400
■■■■>
5 Yb
'
'
2.400
•
17%
95%
42'-'
25
YORK STOCK
(F I)
142
-v.,
-
19%
>
18
I4V4
Y:
14%
>31%
11%
Jaeger Machine Co common..No par
Jersey Cent Fwr & Lt 4% pfd—100
.
:
$ *3%
92%'
Par
21% May
: ,1
>,
•/' /./;.
46
-
900
' 160
V
13%
42
'/■,■•
19 Va
2Ta
l67Ya
7
14
....
"
14%
YY:
Yb
*12%
42%
I
*13%
21%
166
*11-"
EXCHANGE
7
92% Jan 30
82 Va May 13
13%.;
11 >
>
8
21 %
•
3
138 Y
:
'29
56-
•V
42
$ per share
;
Mar 16
19% Jan
Feb
NEW
:
Highest;
7%
'••-. 95%
STOCKS
"
7%
41%
56 preferred—
i
3 Vi
5
>■
.31%
'
20 Ya
i41%
common
ctfs
Dept
19 7 a
21Ya
Ya
7;
.*91 Ya
Telep & Jeleg—No pir
share
43%
v'.; 96
<32%*
*95 'c
No par
—
Intertype Corp..
Island Creek Coal
Va May 14
140
16'
Foreign
45 3i
5Va
>.
5%
-T0%
:
I
.
96%
Y7
•95%
59
53
21 Ya
137% v
*138 Ya
52 Va
7 96 Va
'••v. *2%
J Y
14%
28%
•
•
No par
preferred—
Interstate
45 Ya
45%
".
5%
731%
-
154
:
Shoe
International
;
4
22
45
>
33®a
21 Ya
96
13%
20 Ya
73,4
82:'
*3% 7' 4 &l\
...No par
;
International Silver
Mar 31
33%
35 V'b
140% 142 ;.a
Y4. 154 Ya
> 43% :>44
.
20 ;V;
.*80
Rys of Cent Amer com„No par
preferred.,
100
Range for Previous
Lowest
.—....
'..V
43%
2%*
•
:32%
15
com
•
21
97
.
*6% '5
•
100
Paper Co
International Salt
4
33%
21 Ya
■To
11 Y*':
*13%
>
139
156
9.900
1.600
21%
",'y
23 Ya
52%
139
♦153
92
32
32
31T B
lOYa
r
92
Y 1.300
.
>
Vi
21%
•
97%
.
31 Tb
Y
32
■
31%
r\-tt.u
i
*>23%
52 Ya
7%
;
?;
31%
32 Va
■
40
-
•
17 Ya
39 Vi
•
*36
*95%
13 Ya
44 ' y;
165 Va *166
Chemical com_i._5
Preferred
32%
2,500
5,100
a.
34% /
16
>
44
13%
32% >32%
v
:'*13%
v20%-
95%
•
*.-.100
&
32 Ya
'../
15%
39 Ya
38 %
42 V2
••':/> 3%
4Va
*•; ••*.
34
15%
24%
38 Vi
33%"
42%
19% :
78 Ya >78%-
11
*
•
.
600
600 '
24
*
.
■'
39
V ;
,
42%
xl8
■
35%
96
31VB
:•
138 Ya
137%
class A—25
'
4
22% Mar
Jan
Minerals
International
7
May
.
45
Mar 12
29% Feb
143% Jan
13% Jan
57
11% Feb 11
11% Feb 11
17% Mar 9
Feb
267/s
Apr
20
Oct
40
.
1
1107% Jan 29
39% Mar 16
63%
,
9V2 May
19
Dec
28
preferred
Int'l
60% May 14
97% Apr 16
9% Mar 19
104
Feb
new..No par
common.— 4.No par
4%
preferred
[—t...
,100
International Mining Corp—1
Int'l Nickel of Canada com..No par
19
31% May 14
139% May 11
-
Machine
Int'l Hydro-Electric Sys
•■•
34% May 14
4'/a Apr
Business
Harvester
7%
8% May 14
■.
3% Mar 16
135
Int'l
96
■
140 Va
*
fl%
No par
Int'l
'■■*■
-•
23
.21
14
v
••
13% Y
■
*96
9
Feb
367/8
Dec
15
11
Feb
5%
,
Interchemical
Interlake Iron
•'•;/
;•
,-;••
42%
.x41%
18 Ya
78 Ya
10^4
7%
4%% preferred
.——100
Intercontinental Rubbers—No par
v
38%
jx
34/,,
'■•;
,
25
38
2,900
'
92%.
Yv
35%
22%
•-43%
6
35
.78 Ya
Ma
.20
1
^
52%
139
*154
8
98 Va May 14
169
May 5
-
161% Mar 31
34%
Dec
94%
Feb
96
Dec
3%
25%
.
*
20
com
15
92%*
19
/. 4
■'
14 V4
43 V8 '.Y
,18%
.32Y4
.22%"
51
May 14
May 14
*142% Apr
1
t
-*45
'•'
32 Va
10%
*13%
Nq par
Corp
14%
92
•: > >
5 Va
5%
18V-4 7Y >'18%
•31%
96
122%
Jan
-
15 Va
10
80
•
3% Jan
23
14 Ya
21%
*
.
"
78
..'31%
Inland Steel Co.
20
1,900 1
31%
45 Va
18%i-v.
3% *.<f 4* »••■•*
■t.
' ''••: y.
35%
:
-
*95Va
Inspiration Consol Copper.
Insuranshares Ctfs Inc..
"103
11
125% Feb
70
.
7Va Anr 20
•
78
^.._....._100
44®% May 14
J
5
11% Feb
4?*'
2l®/s Apr
'
95% Apr 22
2% Mar 10
July
Mar 27
158
lines
28
92
v.;;,,
32
44%
43 Yb
18 Yb
>: 18 Vi
.32
*35%
ser.A.100
——
■"■i 144% May 14
Feb
Oct
pfd
•31%
Industria Electrica De Men, S A.J.
Industrial Rayon.
4
1
Ingersoll-Rand commonL..".,_No paf
6%
preferred
,
,—100
May 12
Feb
;
42
100 Va
.
>• 53%
Leased
34%
•
conv
23
-
42 Va
21%
i-.
14
•
Ulinoig Terminal RR Co—„
,-i4-5
Indianapolis Power & Light—No par
•> 15% Jan 28
180%
Feb
*
24% May 14
13% May 13
39 -v Feb 1Q
July
non-cum
300
23
24%
33 Vi
'
.
121%,
7-.::
5.viiVy>
5%
Va
/ 13
Y
18 Va'
.18 Va
-'iYi. J1..
RR stock ctfs series A__*....1000
2
17
50
Dec
136% Oct
Sep
11% Jan
9% Feb 11
20% Feb
■i
Apr
Mi
•C
97% May 14
12 Va May
6
6%
May 14
24% Jan 23
,
Dec
33
i
Pec
May
109
80
30 Va
Jan
x35Va May
27% Mar 16
62% Feb 11
21
h
15%
42%
>3J%.;.
45
45
Vr
AYa
.43%
18 Ya
Idaho Power Co..
.....
20
Illinois Central RR Co oommon-_100
35% Jan
5
,,v*39% May 14
Aug
Dec
.
27
26%
.11%
•;
7% May
x?l
-
30% Apr
11%
31%
2Q-)a
39 %
*32
v-
,39% Aug
32% Deo
,64% Pec
llVi
31%
21
"*14%
15%
,
93
42%
32.
21%
13Ya
118 Yb
Corp..
43 Ya
:1, y>;fi
May
11Y4
31%
J
>
43
?
33
*92
31%
45 Ya"
3'%
No par
32 V9
92
32 '
13%
«'
30
11%
84
*27%
*38-/8
-
,
40
700
*81 Ya
31%
23 Y*
;• 34 Ya
157«
15'7B
."38%
:
210
*20%
*
.
21
25
500
3,100
84
7, 38%. 38%,
;*•' ;
29 Ya
H6Y2
27%
*81 Ya
27%
27%
*14% ' 14%
-
25%
25 V4
33 Va
22
45%
r
..._^068%
foods Inc.
*14%
.
40 Va
39 Va
>V :;>• 43%
43
*21%
nqn-cum
Hunt
27%
100 •:
26
26
31%
•
14,300
29 Va
116Ya
*
;
>
>
2,900
26 Ya
X25%
11Y4.
Vi
*20%
'27%
.
15%
92
1
Co
31
31 Va
21Va
300
21%
26
84
11 Vi
11%
*31 Va
*21
58
152
26
.
26
\\
*62 %
Ya::". 77.38%., 38%
34%
33%
33%':/,•
*32
25
c
84
29 Va
117
26
'
41%
No par
t
v
Corp
Hudson Motor
8
2
4% Jan
Texas
25
25%
15 %
,
26
38
33%
..
16
117
'
400
50 Ya
53%
124125
125%
'•*29
31%
25%
*40%
preferred..—.100
Hudson Ray Min & Sm Ltd—No P»r
15
Apr
of
34
28%
113 •„
255/a
11 Vb
14 Va
'lSYa
■'
117
.
,
57
.v::t7 20
51
"50
2;.'
30
101 Ya
*148%
■
20
*124%
125
25s/«
*29
29%
21.
% 38%
51 Va
50%
125 v
*38
152
4,400
1,100
.
89 Ya
*10QY4
56
5d
-20
25 Ya
27%
*33
Hudson & Manhattan common_;100
.
*
Oil
Howe Sound
46% Apr 28
7
Mar 6
31
Jan
4% Jan
::27'2
.38
.100
—
Houston Light & Power
38
9% Apr
27%
12:50
preferred
20% Feb
33
>
21
:
*143%
26
29%
11 Yb
11
,
31 Ya
,*30'2
39
*82 Ya
21 Ya.
■„
*88
*25%
*116% 118
;
•14%
preferred-..;.—.;50
Finance com—„—No par
Dec
IV, a
a:
89 Ya
;
1
18,000
23%
25
*38
19%
400
3,500
8%
22%
25
*100% 101 Ya
101%
19 Va
51%
125%
125%
29 Va
118
27%
cgnv
Household
2
,
■
*30%
gooker Electrochemical :Co*.....*_5
oudaillpTEershey comr..;„No par
$2.25
-
.
*21
425®/8
Homestake Mining
Jun
7% Feb
13% Mar
11 Va
Paper Co..—.—*10
Holly Sugar Corp
5
28%
38% Mar
—,_-5
Corp
45%
'
82 Ya
(C E) The—...1
Holland Furnace (Del)
„_._5
Jan
3
May
7% May
33
May
100
Co
16%
Feb
Corp......——1
preferred....
cum
Hinde & Pauch
2
50Ya
.
26%
84
,
Y-
8
.
*88 ''I
•>*55%
56
*
148 Ya' 152
/'
20%
8V4
22%
24%
39
*JC0 %
57
152
20
26
37 Va May
31 Va May
Mar 12
29%
11B
25%
*}24
Hollander & Sops (A).I,..„._i.._,5
93
51%
117%
Hilton
;
*55Y«
*148%
125%
29%
Hires
34% Jan
51%
124%
52
23%
2
29% Apr 29
35% May 3
17% Apr
6
46% Jan 14
29% Feb lp
85
19%
2
12
42% Feb 24
11
Feb
Dec
13 V4 May
44
;
;,v
117%
3 % %
25% Jan
-Jan
26% May
;;
20
126 ;
29%
15
,
57
152
Heyden
,
6
33% Apr
19
Mar
Feb
May
*55%
20
39
40-
7%
9%
22
.
87
'87
HOQVa 101 %
*148%
"
2Q%«
'51%
V 33 Va
40 Ya
;
88
*86 Va
8
Shares
78
8%
: 24%
22%
24%
,..24%
8%
for
the Week
6%
*76
78
8%
.
8
22
24%
May 14
S per share
7%
*76
8%
:7%
■„
22%
24%
..;
101%
$4
conv
preference....—No par
Hewitt-Robins
lnc
5
28% Apr 29
83
*39
*100V4
152
*19%
preferred,...—r„......_10Q
Hershey Chocolate com^._._.No par
*86 VA
56 Ya
,
*143 Va
5%
2
9
24 %
88
,*6%
7%
78
*8%
77a
V'/B
22%
22%
24'2
40%
'55
8
7%,
22%
101 Ya
__25
common.,..
77a
*6 Ya
?76
8%
Sales
Friday
May 13
$ per share
Sper share
78
8%
Thursday
May 1*4
7%
*6%
*76
8%
25,-%
87%
*38 Ya
non-cum
78
8Va
22%
*1001/4
prelerred-..,——100
cum
(O W)
preferred
—100
Motors..—.;,.,,_No par
Hercules Powder pommon
No par
12
27% Jan
% Mar 23
X29% Nov
Jun
jun
7%
30%' Apr 10
122% Jan
18% Mar
22 Va
Helme
2
4
3.65%
Hercules
6
Mar 22
Feb
79
Heinz
„
7%
*8C (
prelerred
——100
(H J) Co common.,
..25
7
*76
8 Y*.
22Va.
*24 V*
3%%
Apr 23
128% Feb
21
Feb
'
;
„
15
V,- \7
.?
78.,
*8%
Wednesday
.r
| per share
tper share
7%
•
*76
---
ov
146% Apr
9
Mar
"
*6%
-~1
—100
„1
lnc—
May 11
PRICES
SALE
HIGH
AND
Tuesday
-
Sper share
Par
Hayes Mfg Corp
.—2
Hazel-Atlas (llass Co—,
5
,
58
May 14
16
,21% May 14
,
7
10
'
134
Dec
9
Jan
14% Feb
Feb
LOW
preferred
Inqustries
5
42%
Monday
May 10
May 8
Corp of Amer clasi A
4Va%
•'
5
22
108
Saturday
Monday, May 17, 1948
record
>
...
25
4B/» May
stock
STOCK
share
9% May 14
8% Jan
7
11
YORK
EXCHANGE
7% Jan
Mar 16
73
Apr
12
$ per
6% Feb 24
10% Feb
Dec
NEW
Highest
$ per share
share
May
75 y*
CHRONICLE
STOCKS
Year 1947
Lowest
FINANCIAL
&
50.200
500
2,100
.
■-
)'mf'
Volume
STOCK
Monday
*
STOCKS■'
Range far Previous
Range since Jan. 1
Year 1947
4D
%
56
Jun
47'% Jan
35
Mar 19
Jan
23
Feb
27
26'/a Jan
31
98'% Feb
4
Feb
10
Feb
11
12'% Apr 24
30% Mar
44
37% Jan
9
9
44%
Jan
8%
Feb
4'% Mar 16
7% May 14
3 J/4
Feb
1% Jan
3% May
May
25%
Jun
9%
Feb
Mar~30
19%
5% Jan
May" 14
24 %
50c non-cum 2nd
t
pfd__
(The)-,
38 % May
50%
Feb
41% Feb
25
53% May 14
Lehman Corp
10%
24
Jan
9 '% Feb
24
11'A Jan ; 5
Lehn & Fink Prod
Dec
8
Feb
16% Feb
59 y8
Feb
46
11
Apr
25T
17
May
46% May
May
56 J/4 Jan
29 V« Mar
40%
Oct
31'% Mar 16
78
May
96%
Jan
82
169
Dec
10
12%
Dec
47
;
Apr
j!
i
> 78%
8% Feb
Dec
20
Feb
79
Feb
-
13% Jan
27
79%
28 »/4
17%
21%
Jan
Apr
137 J/2
X 21 y2
>39%
Dec
29%
Dec
93
Oil
13
>
;
84
3% %
19
20
12
Lorillard
Jan
6
-150
11
.
Feb
13% May
26 J/4
Oct
41
Nov
36
152
Apr
Lone
Apr 12
33%
33%
33%
337b
2,100
10'/«
10%
.10'A
10%
10
10%
4,300
4,700
49'%
49%
49%
50'%
50'%
53%
8,200
10 vB
10
10
10
10
10
10
10
10%
1,700
22%
23%
23%
23%
23%
23'%
233%
9,300
49
49'%
49%
49%
9%
49'%
9'%
■97a
38
373%
3774
200
86'%
86'%
1,900
21%
49%
48%
9 '/a
9%
38
37%
85
85
171%
43 y8
42%
11%
11%
67'%
'•
67%
47 Mi.
10
19'/a
Co
Common—T_
—>___
preferred
4'%%
&
50
—
48%
& Sons Inc com—1
pfd
serjes
.
ill
10
21
20
X79%
80
80
80
82%
1,300
21%
22%
213%
22%
31,600
18%
18'%
19%
24,500
65%
65
66
27
27'%
2774
197s
19®%
8i%;
22
y2
21%
22%
18%
18%
18%
18%
18%
18%
64%
64
64%
65%
65
26%
26%
26%
19
19%
19%
;
*23%
24%
34'%
33%
*94'%
21
:>
21%.
■i
96
: *36%
20
"
600
2378
49®%
4,800
34
34%
363%
22'%
1,900
4,100
(
-
47%
48
34
22%
1
'
3,300
•'
237s
23%
*94%
22%
96 ■<
7,000
7,500
?
152
♦149
152
47%
34%
•
*79
23%
47%
47 Vb
48
33'%
96
"
*149
24
*23%
47%
33 '/.
'
148'% 148%
*91% ,,96
22'%
21:
48
48
,
19'a
148'%
24%,
*94%
:
19'/a
148%
19%
V 32%'
i:
27
27
4
151
*23%
*
64
27
,
•
'
19%
;
96 %
,
■'
47
197a
21%
19 Vb
33%.'
*94%
68%
46
19%
81'/%
*148
24%
48'%
32%
100
A-
Lukens Steel Co..-..—
24% Jan ' 8
*23%
67'%
46%
19 %
64
151
*148
A—No par
Nashville
(M)
cum
100
_
Electric
68%
46%-
19%
23%
19'%
,
67%
47 %'
82
x26%
1,500
67%
22%
64%
37,600
46%
82
27
20
1,100
-
13
xl8%
19%
.
8,500
14,100
47
-
12%
20
:
181/4
64'%
*26'%
Lowenstein
15
17%
_No par
(P)
Louisville
27
,_No par
;
23%
2?%
20
45
-
12%
>18%'
82,1' "'I1
*81»%
1
67%
12%
45
12%
20
20%
20%
12%
11%
47%
'
44
11%
51
*170'%, 1727b
172%
*43
44
67
67%
47
86
85%
*171%
44
v46%
12%
*67% ,68
46% .471/4
86%
171%
171%
*171'%
42%
♦171
9%
171%
85
23'%
23%
*37
38
*37
85%
84%
9'%
9%
38
*37
37'%
85
23%
23%
23%
-
49%
9%
par-
49%
10%
9
11TB
9,900
44,400
24%
*32
49%
23%
49
85
49%
*32
7%
3%
3%
,
37b
497s
7
7%
3%
*32
9%
21
*37%
7
3%
140
49'%
23%
9%
5
—-
"
49%
42%
&o
3'%
49%
*32
7
7
3%
7%
•
20%
Cement Corp__'—_No par
Louisville Gas &
6
96% Jan
Inc
Star
7%
>> 35% May 14
19'% Mar 17
34
Loew's
5
49% Apr
11
Mar 17
92
33%
33%
21%
171%
Long Bell Lumber A—
20
33'a
33%
V
1,100
97%
9%
10 Vb
preferred-———,—100
conv
5
38'% Mar 16
>
Oct
3,200
257a
25'%
*96
49%
10%
42%
Lockheed Aircraft Corp—_
22
24% May
12
49:.
No par
68'% Jan
Apr
113%
23
49%
*170%
Liquid Carbonic Corp com
2 •» 23% May 10
Feb
11%
'
15
Apr
97 %
20%
—,-No par
Co—4—
25%
11%
9%
10
100
Co__
28'% Apr
V 141
101% Aug
Dec
Belt
Lion
;> 19% Apr
18
Feb
29%
Link
27
X
Jan
>53
17% May
a
a
J Jan
172
Dec
13
28
23% Jan
9
Apr
57% Feb 28
19% Feb 27
Oct
Dec
Feb
May 14
49
*25
*96
11%
49%
23
23%
—No par
_
25%
33
49%
25
900
97%
7
49'%
5
21 '/a Feb
Feb
12 J/4 May
18%
(
15% Feb
Feb
'58'% May
13
68 J/4 May
A
11
Mar 16
Jan
30%
10
28'A Feb
18
109 J/4
10% May
•>•
Savers Corpj
7% preferred i_—„:
Lily Tulip Cup Corp,.,—
Lima-Hamiiton Corp
May 14
47
55 J/4 Mar 16
Dec
35 y8
Dec
14
Oct
63
24'% Aug
19% May
Liggett & Myers Tobacco com
174% Mar 30
26
Feb
37
Aug
Life
44
11%
3 y«
9'/a
43'%
97%
3%
...
2
Jan '
91
Llbby
8
38'% Jan
Mar 12
165'% Feb
191% July
x48
33'% May
12
43
x25'/b
7 J/8
I
„_No par
Libbey Owens Ford Glass
l_No par
McNeill & Libby
7
5
10'% Apr
13
•13
11%
3%
*31%
*10%
___5
43
97 %
6%
—
Corp_*__:
2,100
25 %
32%
9%
27%
11%
3%
23%
27'%
11%
6%
—No par
1
27'%
42
33%
63
27%
25%
6%
"31
200
27 Vb
52
27 y8
pfi
3 %
50
137s
53%
41
*33%
—
13'%
52
25%
11%
Lerner Stores Corp__
23% May 14
20
Mar 18
8% Feb
12
.
3,400
13%
52%
96
25'%
*95%
12
Shares
13%
*41%
40'%
40%
40'%
25'%
$3 non-cum 1st preferred—No par
•
10%. May 12
19
29 J/4
28%
96
____50
1
preferred:
51%
27'%
*95%'
3
100
com__4„>
51%
29
*245.8
com
Lehigh Valley Coal
51'A
28%
40%
_5
_
Sons Co
&
Non-cumulativer
Feb
5%
& Tire—:.
Lehigh Valley RR_—
14
3514 Mar
14 V2
—1
51
.
Sale# for
the Week
I per share
*51'%
13%
Xl3'%
*51%
13%
51'%
%*
29
May 13
8 per share
$ per share
share
Friday
May 14
Thursday
May 12
13'%
13%
PRICES
Wednesday
»
May 11
t per
share
13 J/4
13%
*50 "A
50
r—
S per
share
13%
cumulative preferred
(James)
3.85 7e
-
I per
par
Lehigh Coal & Navigation Co—10
Lehigh Portland Cement
>—25
Jun
35 % Mar
-—No
common
preferred
Rubber
Lees
1% May
2
4%%
Lee
4% May
30%
Bryant
Lane-Wells Co common
2
95% Jan
12y«
9ya May
*
16
Feb
Feb
30 »/4
101
Dec
95
12
Apr
56%
May
21'% May
Par
Lane
9
53% May 14
29% May 6
27
27 y8 May
38
13% Apr
Tuesday
May 10
May 8
$ per share
9% Mar 12
Feb
Feb
147%
May
"
EXCHANGE
Highest
t per share
$ per share
I per share
10
Lowest
Highest
Lowest
"
>
SALX
AND HIGH
LOW
■
STOCK
YORK
NEW
3578
31,600
96
*94%
'
24
22%
223%,
37
37
37
*135
8,000
t;
140
'
M
Mar
.134;;.':, .Nov
99 J/4
x
t
;|;(i
41% Jan
Apr
/. 5
Xl6% Feb
25
9% Feb
Dec
525
1: i
Jan
19% May ;;
•
9
May
•22'% May
./•r.16%
34
;
24%
•
•> 39J/a May *.
J.
.18 »/4 July
>24J/4 May
"
175
?»
v
>
170
4
11
176
90% May 14
>
v
47% Aor 20
84% Mar 27
Feb
77% Apr
91
8
9% Ffeb
12
11
14'%
Nov
50
Jan
38
Mar 12
Jan
110
Apr 16
I f 48% ,Jan
32
/. > 7 J/4 May
Jun
-
113
*
Feb
O
May
43% Jan
1 Jan :
112
41% Jan
6
$ per share,
$ per
?
;
share
Jan
5
1003% Apr
45% Oct
36'% Mar 12
>> 42% Jan
Feb
>233% Mar 17
Dec
107%
Feb
88
35
Mar
24
May
v
32
46 > Dec
30% May
,:i: 56% Feb
44
Dec
105%
Feb
>31%
> 21'%
87
88%
X
Jan
18% Feb
McGraw-Hill
52% May
Mclntyre
May 14
95% May 12
McKesson
ll;
243/s May 11
McLellan
5
>
Feb
19% Feb
11
24% Jan
Oct
16'% Feb
27
2174 May-
Feb
80'% Mar 24 '» 94
Jan
50
Feb
Jan
36% Feb 27
>20'% Feb 16
16
May
24%
Jan
;
14% Feb 11
19% May 14
52'% Feb
10
60'
May 10
Jan
12'% Jan
28
18
May 13
Jan
43% Jan
13
"!> 6i<%
Mar
Ou.il
•
Feb
>10% May 14
"43%
Ma^
88."
Jan
>
58
\< 17% Feb 13
47*'%
Jan
>36
1113% Aug
35% May
97%
94
Feb
13
Feb
11
38'% Feb
29
>
Transp
Inc
Co
cum
common——-
Merritt-Chapman
ir
45'%
11
139
Nov
12% Feb
27
JL
pfd-100
Miami
Midland
26
8%
66%
47% May
Feb
45
Jan
114%. Feb,
Apr
703%. Dec
88'% Jan-
56 3% Apr
27
98 f- May
5
3
,
99
; Dec;
104
102'%
99
Dec
> 15
.'Oct
Jan
Jan.,
103
2
105/b Mar 16
X Dec
123
May
Minn
16'% May 14
119
111'% Mar 11
28% Mar
■.
;
V
..
•
56 %
-
42 3% Feb
Qct
6t
11
'
Prod
P A SS
conv
M A
65
41%
■> 41
Mission
12
•48'%
98
69
68'%
14%
14%V
■*116%':' 118
'.64
:: 63 3%
■*
#;■ 44%
•
85
3% May
>:
Feb
51%
Jan
Sep
49'% May
1;
.32
.Feb
63 3%
128'%
,110'% May
Feb
Feb
10
13'% Feb
-
•
Feb
9
11
Feb
11
Feb
15%
24
64%. Feb
May
'
Dec
17'%
May
27%
9% May
;J;
Dec
4
147b
Nov ;
May
27'%
273%
Feb
17
17% May
14% May
102%
/
25
;■
Mar
27'%
Oct •'
Mar 17
13
'
ll»% Jan
19 V
Feb
Monarch
35
Apr
.27
Jjn
Wheel
Mar 17
108
100% Mar 31
2
111
Feb
11
17
Jan
50'%
Jun
112
Mueller
22'% May 14
25% Jan
5
1073% Jan
37'%
11'%
11%
3,100
*40%
43
*110'%
112
35%
36
'
$ per
35
94'%
95%
140
40 34
1,300
30%
50%
1,000
35
5,400
40
40'%
40 3%
28%
283%
28'%
51
51
33 Va
33%
*94'%
100
24'4
1,700
203%
22'%
1,300
193%
20 7b
197s
207s
2,600
93'%
93'%
>
20
*93
94
43
43
227s
22'%
22%
22'%
19
60
V> 187a
K
>
/>;> 16®%
;
; 57
>
*89
57 V4
•42
102
1,500
;
.
25
4,100
42%
42%
1,300
16'%
17 >
17'%
7,000
65%
64%
66%
65'%
68'%
41,800
41%
42
42%
43
43®%
*138
,;>
41'%
167a
153%
15%
140
*138
140 *
'
1574
;
1,400
f
.60
;
15%'
'.15'%
i
15,700
.
>.'> 15'%
157a
15'%
:>>
12%
11%.
!•>»%
11%
117B
113%
12'%
4.100
12%
473%
473%
48
483%
48 34
50 34
5,100
98 "
97%
97'%
6974
70
70
12
98
48
47%
68'%
98
■
*96
69'%
69
102'%
102%
15
15'%
14®%
102%
♦117
117%
>' 118
117'%
65'%
:65
'
2,100
320
103
15'%
16'%
118 34
,*
35,500
118%
118
'117Vb
260
70'%
70
103
153%
6474
97'%
*96
103%
14%
117%
65'%
6474
64 3%
•
*102%
14%
102'%
'-;>> 14%
103%
14%
>
240
103
102
>
>
90'%"
243%
42
101
16®%
♦138
;
>'-. >1,600
57'%-
57
*89
24'%
42
63®%
41%
2,700
:
140 f
17%
67
138'/a
10%
90%
24%
-
>.
200
101
:
?;■
18
10 Va
107a
57'%
24%
17%
18
*89
90%
24
'
50
6,900
}•!.■v-'.yv
>103%
10%
57 ■
4
> 613%
*60
!
.4,300
li)»/8
61'%
> 17%
22®%
19%
22 3%
19 Va
*60
...
10
400
45
*42
"j
227s
18®%
19'%
*59
> 61'%
17% • 17%
90'%
40%
300
23'%
22
203%
nvp
r
1,200
100
24
437b
130'%
1'
I
34
*941%
21%
42
■
50
51
33%
233%
101
>'-•
2,500
34'%
95'%
94
,16% '
Shares
21%
42
:>
for
the Week
I per share
share
273%
v
Sales
Friday
34®%
34%
*94
*41%
ts. ,65'%
1,100
35
X May 14
May 13
43'%
247b
20
,110'%
35
;
100
24
101
;
HO'%
Thursday
20
i7'%
160 >
43
*41
40
>
16
?
Jan
14 '% Jan
10
Jan
7
Jan
2,
series
&
j
127+
42»a
*116
'118
>
*110
111
7 '<
160
16%
Lines—_5r'
Brass
Corp
653%
65
6'%
>
4
7,600
67
6
Co
Mfg. Corp common.
1
$7 preferred—>———No par;
Munsingwear Inc__,__—%
5
.
21'
:
23'%
>
39
167a
Dec
13
443%
Feb
38
56
Jan
50 Vb Jan
Far footnote# tee page 24
May 12
23
...
;
427a Jan
16
55'% Jan
5
Murray Corp of America com
4% preferred-—
Mver«
tv
*/
Bros
—
10
50
*110%
111
No par
-'
14 '
14'%
*40
42
*513%
53
23
22»%
2434
40%
40%
40'%
41%
123%
123%
12%
c" ^ 12 Va
1234
3,700
27'%
700
27%
58%
-58%
607s
11,500
*27
.
27%
59 %
•
•
118
118
>
118
118
111 .->
*115
..
111
59%
110%
110%
X27
277b
59'%
27%
:
58%
119
v
*109'%
119
120
111
111
111
700
18,200
13,600
63 3%
60%
61'%
60'%
61
607a
60%
60 7#
17'%
17
17'%
16%
17'%;
167a
17%
167a
24%
*24'%
24%
*24'%
13'%
13'%
14'%
27
27%
22
21%
22
21%
217b
1,900
*20'%
21
21
21%
21 Va
21%
21%
21%
213%
22'4
227a
23
23%.
237a
233%
24%
247a
25
25'%
25%
2,900
8,400
'
*105'%
.
•
;.
500
120
21'%
■
ri
'
597a
•
111
700
27
:
23'%
*38 V.
Murphy Co (G C) commop™—lt
4%% preferred-—
'
100 ,
227a
41
13'%
•
21'%
12'%
'• 27%
'1
"
25,000
23
12%
*23%
•
"
12%
:>
;
587b
19,300
167a
17'%
*10574 107%
.
12 Va
6%
•
40'%
40'%
127a
6
60 34
60
♦21% * 217a
,_5y,
^11
27
57'%
♦115
27
*2$
—No par;
Corp—
40%
6'%
22%
■*■'<?< 22% >23%
12%
> ill"
60% ' 60 34 *
'
.
i-
A^—^0 Par
par;
.
6
6'%
6
40%
>*25%
*25'%? 27
*,
58'%
Co_^_jNo par
23%
12'%
,
'
LV 58
Mullins
21:;
40% May 14
n:
'
6%
'
& Coi——No par; / *23%' 24%
•>•13%
'13%
Ino—l—
3
Products
Jan.
Dec
20
11%
95%
41®%
223%
„
(John)
Motor
"33 3% Feb
Dec
82%
233%
*100%
*3934
6'%
23
5
com—
series B——_No
Moore-McCormack
Morrell
9
Motor
Feb
9%
82%
95%
>:
42
57b
407s
*40
"
Motorola
fll'% Feb
107%
preferred
preferred
Apr. 26
107% Mar
40%
$4
28
>15% Nov
■v
$3.25
Montgomery Ward
14®% May 14
Apr
Apr
22/
;
22%
x
Machine Tool——/No par
>22'% May 11
19
16
7
112% Apr
6
63% May 14
> 177b May
4
May
10
1.25/
Co Inc
Monsanto Chemical Co
22
.
Hosiery
Mojud
28% Mar 24
121
6
com_T—jno par
series A———100:':
———20
61% Jan >21
;
19'% Mar 17
16
RR
preferred
:
23
203% Jan
Oct
19% May
l
7%
Mohawk Carpet Mills
5
12% May
23 ,' Mar 17
Dec
:
Jan
44
'
/
10
102
A 47'% Mar 16
Mo-Kan/Texas
6% Apr 24
24% May 14:
>
>24'% Mar 11
> 493/4 Feb
105 3% Mar 17
49
■-
> ->
11
4
> 34% Mar 17
137# Feb
May
23%
'
>'
Feb
8
: 25%
32% May.
>1.8
85
rj
11% May
;
90 3%
91
PRICES
>33%
2074
-•
210 >
903%
91
41%
273%
51
'
'4
4,500
90
91
11%
,
;
*
11®%
•
•
45
*89%
*82%
90%
••
*
;
30
*172% .175/.
453%
45
172%
90
90
*93
69%
.64
..
.
i172%
45'%
r
203%
48
;
,116%
>
>,
8,800
94 y2
98
'
*102'%
103'%:
*102'%
i<:
>
47'%
>
?
>
98
68%:
37
35®% > 36
7,800
16
15'%
>*96%
preferred—4
—No par
Corp..—;——4—10
'
May 14
151% if
48'%
•>
com__/.__—3,
100
Regul
pfd series A
28%
33'%
103%
41
123%
36
36
172%
>39%
»
52
57%
139
138'%
12'%
5,400
18 3%
;
->
677b
15'%
>
No par
vtc.
25
233%
,> $ per share
.
I6s/8
16%;
'-
24
23'%
101
•
16%
" 139'% 7
24
63 3%
>
May 12
.
57'% ••>> •' 57
90%
/ *89
/233%
243%
683%
*137
40
•
>101
3,700
22'%
;
-103%
*41%:
42
41'%
No par
com
preferred —v—
No par
Moline Power Imp\ com
1
$6.50
Apr 23
*
•
r
St
>3.20%
$4
Apr/27
.
17
67
Minn Min & Mfg—„— ^jNo par.
'
'
>;> 7
17
16%:
——10
1st
Minn-Honeywell
21
-.70% May-14;
54%. Mar 11
Petroleum
Steel
cum
*: Minn
f
Dec
51'%
60
-
65%
60
1874 ; >
60
24'%
100%
>100%
pfd————L__100.
Minneap & St Louis Ry^^—iNo par
May 10
>-' May 10
<2
13% Jan
9 % Mar 17
18®%
57
63 3%
'- 98
20'%
503%
42
—5
Copper—————../———.,S ^ >
>Mid-Continent
7
16
84%
•
44% Apr
129% Feb
\t 143/b Feb
'
,
Mar 16
Mar
:> 15%
6% May
%
35
156
10% May
; ?
>
Nov
May
>.
*89
63 3%
63'%
34%
20%
>
22'%
563%
>90'%
243/a'> 243%
2,000
97
*93
•
22'%
56 3%
187a
v;
42%
/
>
*89
& Scott—_No par;'
>'
>>>
-44
xio®4
par ;
~1*
preferred—1—No par
Metropolitan Edison 3.90%
18% Apr 20
50%
No par
Co
'
Dec
48'%
33
Apr
29% May
136'% Jun
>
*42%
17 3%
:'•!
Wednesday
,
Z7>;*94%- 96
:'/■
247a > 243%
94%
-
171%
95%
33»%
20 3%
203% ,.203/4
-
I?
333%
■1->*51
24
20 3%
16 3%
34
28 Va
94'%
233%
*93
12,400
SALE
>
share
393%
33'%
f
180
19'%
19'%
7
7
'
51'%
94'%
237#
21
:> 21 '■>>■;
20% >20%
>
40
323%
100
'
993%
18'%
11%
AND HIGH
*97
'•
V 51'%
33% >
22®%
par
98
♦273/4 > 29
>'•■:>
52'/#
*94'%
Mesta Machine Co—
30
May 14
103'
;
1
LNo
>» $3.50
May 14
■,W42% Apr
40
(1st
Min
&
Merck &
27
11
18% Mar
12% May
-rjr.'i
MarlO
'>■ 40
_No par
>•:> New
24
25
6
>
Deo
Apr
90'% Jan
10
40
-
Merch
503% May 8
xl03% May 10
>44% Feb 11
103% Mar
Dec
83
10
197a
13% May
41
Jmi
24
47%
73
55% May
;
r
♦
*92%
94
series) —__J
100
*42'%
44 > ;T
» 4% 2nd pfd (2nd series)50'
Melville Shoe Corp„—I / :>>22%
227#
Mengel Co (The) common
_1
.18
.183%
*59
60
5% conv list preferred
*
58
17
■ 17
Mercantile Stores Co Inc__L
39%'
43'% May 11
25%
Dec
*97
33%.
10
>
99
28'%
993%
':>/
36
34
I
277a
*82%
363%
; f per
7'%
18 3%
>
112
>:
7:
}
3,000
23'%
99
41'%
.
22:
>
5,400
7%.
277b
X45
May 11
33%
33%
>
400
18'%
*88
v'>:> Tuesday
< per share
33'%
♦97
com—18
Norris Mfg Co
common 1—No
4'%^'pfd
19
May
33'%
>
——__1
Co_
Stores
■
$ per share":
Par
Mead Corp
7
May 8
7
22'%
22'%
.
;
2,800
27'%
*35%
May 10
1174
2274
98'%
*110'%
LOW
Monday
103%
223%
7'%.
!,
99'%
44
*36'%
10'%
.
27
*171
117a
*41
'
4,600
8®/a
.
163%
*110'% 112
.
36
36
8'%
16 V#
/ *88%
85
11%
112
110'%
Saturday/;
-
preferred———
'Mc-Quay
12
20
40%
>
$4
44
♦41
36
172'%
*83'/2
,
1V/4
11'%
>'":>4
-">
Inc
85
*83%
:•
22®%
23%
•
:
:•
I
16®,a
*
44 3% ?■ 45
90 v:
90'%,
*89'
90'%
>>'
90;
89
7
*171
.172%;;
V 44'%' 45 *
88'% ;90'%
38
Co———No par > >: *28 1
♦51
5
Pub
Robbins
&
36
J,
%
14®%'
223%
357a
23'%
36
6,000
22
560
187#
,
63
23
|
I
167b
63
61%
1,800
1,400 ;
16'%
99'%
»
3 ®/B
8%
7
16 3%
16'%
,
; 26'%
61'%
,23 v#
14
16,40O*.f
1,630 I
.7
6'%
>. :
16 7b
*171
112
22'%
197a
343%
S
ri%
22'%
257a
16 5%
h
14
;!■
223%
.99'%,
17 3%
<
10
7 Via
.
99'%
16'%
X
200
*510
,
10
*22'%
,
.
?■ 253%
;
>
20%.
X61
44
*11C'%
v#;
993%,
> 22%
:•>
11%
1> *37%
.
16%
85
11'%
25
.
7'%
193%
90
*83%
•>
99'%
35'%,
Porcupine Mines
35
23%
v
Jun
1
'
>" *40%
> McGraw Electric Co—.
30'% May 14
.
105'%
Dec
16% May
-
V
23
May 14
35
30% Mar 17
Feb
25%
Jan
45
-Jan
17% May
87
.
23
*88'%
>;■
25
613%,
par
1" fM
:;-P.
15
25
*60 3%
McCrory Stores Corp corn—
1 >
> 3'%% conv preferred
—100
14
Feb
82
r
| per, share
„
11
33%
'
;
f
,16%
i—-No par
preference.—/No
cum
Corp
EXCHANGE
Feb
May
.
20'%
35
common—->T;----No par
Highest
;.# per share
24
>
18'%
v
-No par
' < STOCKS
REW YORK STOCK
"
since Jan. 1
Lowest
Highest
Co
1st
•■: i.
*
100
,
22'%
67b :•> 7
*16 3/g >: 163% >
7
163%
163/a
)
25 '
<
:/ ■; 23
preferred—,—,—;_No par
$6
.
•>;>;>>> Range
Year 1947
16'%
20
serles-vNo par >
pfd———1—
cum
McCall
•
Range lor Previous
Lowest
> $3
•j.
9
16'%
->
6% Vi
;
; 10
%
1
S5%
8®% ;
'v •>' ;?2
22%/
22
67a
14
5G0
4,100
.
■
;
,
2?'%
^
14
h
10,700
36%-
>22'%
213%
213%
*510
V
101%
137a
133%
'
700
25%
25 Va
101'%
> 104
13 3%
147a
560
*510
10
>
133%
21%
.; 14
8 5%
-
97b
7 Vb
7
223%
172%':.
>*171
preferred-,.—,_100
>
Stores common—
5 I -;>> 45
45'% •
90
No par > *88%
> Maytag
12
22%
67#
v >'
1 1
:>,
85%
,
225%,
22s%
m
•
7
Dept
•,,'>'$3 40
1^'
5
21
7%
$3.75 preferred—.
$3.75 cum pfd 1^47
-■<>
May 14
Oi) ■'
>,6
84
100% Aug
■
May
•
23
; X13'%
21'%
560
*510
*101
104'
35'%
36'%
36
36'%
"
21 '% ; 21%
14
143%
r*
......
9%
7-:>
—_1
Co——^
;
14'%
550
9%
*22%
Chemical Corp.^-^No par
Mathieson
26
Jan
>•: 35% Mar 16
97% Mar
3 5 J/4 May >
May 14
.May 14
21%
133/4
*510
9%
/.100 >
Cd_;
»> 137#
83%
.» 243%
LJ
133%
">v 83/b
9%.
Master Electric
37.
4
May
/>:
pfd——100
100'%
* 550
83/4
8%
100
(Glenn
13 3%
*98 3%
;% 13%
.> 21%
;>
i4'%>-
Martin-Parry Corp-*.*—-—No par 1:
Masonite Corp———;
No par
Feb
./Dec
42
19% Mar
/Martin
>100
101
& Co com_^.—No par
preferred^-—„——
100'%
22'%
*—6.25
prior
6
Marshall Field
>> 4'%%
100'%
-n
25
>/;■ 247b
25
» 36
*213%
1
Corp^_———5
363%
*14'%
5
Corp_v-%-~-4-
Midland
247a..-
363%
♦510
25
11
27'% Feb
Jan
106
108 J/2 Mar
/ Marathon
243%
36'%.,,
140
.*135
140
*135
1,24®%
24%
36
>
>
36 3%
■
141
*136
141
•<
.
24'%
143%
.
37
*36'%
36'%
*983%
50
Maracalbo Oil Exploration^..
16
%• 49% Feb
Dec..'.'
82
47% F-b
,,
65'% May 14
>
Mar,16
15
RR Co_'_
Manhattan Shirt——/
>
16
,
1
;
24%;.,
•
>' *133%
Sugar Co—r—*—__1
Mandel Bros——XNo par
/ Market St Ry
22% Apr
19% Jan
>
10Q >
Manati
2
2
> *36
>
37
*136
*136
?>> 24'%
Garden——_No par
Mahoning Coal
9
16% Apr
141
Magma Copper—;—10
; > 28 '% May. 14
4
.
>
100
•Magnavox Co (The)——
1
8
>
•102% Feb
:> 26% Nov
Dec
85
20
Square
> Marine
/ 6
Jan
Dec ?» •190
;
88
23% Jan 14
.
Jan
35% Nov
39 Va May .■
-
>
Oct
63%
:
7%i3an 27
'
*36
'
2
-14% Jan
Jan
a
i
37
pfd series A
Madison
Jan >7
,
22% Mar
97
111% July
14 - May
HVa May
:
Feb
26
2o>,,^- 7'/4 Jan
Feb
15
Dec
.v. 34%
Dec
«> 4'%%
11% May 14
-
* 10i
6% Feb
Feb
Apr 23
___10 / r'A 37 '!••
com.
.
5
9y8 Jan
17:«£(w
18% Mar 18
Feb
8%
;;>1 6% May
5% Feb
Dec
27%
525
8% Mar 16
.20% Feb
Apr
14% May ' 4
Mar.: 4<v:_
7
May.
J\:9V* Dec 5; >,• 14% Feb
i; 22% Dec X X; 32% Feb
24
-
11?
Forbes
preferred—j.
67#
'<
&
5. Mack Trucks Inc new Common—5
> Macy (B H) Co Ii)c com——-No par
> 15% Apr 12
;
Apr 23
"
12%. Jan
MacAndrews
101% Jan 10
12
>11% Feb
500
';■/ 6
.
4
18% Aug
-
>
>
...97 J/4
13
9
15% Feb
;
Jun >
••'•3%
Feb
25% May
•,,36% Jan.
21% Mar
>
Dec
455
2
> May 12
,Mar
111
Dec
10%
Jan
142
13
40
•
11% May
16% Apr
r
'• Feb
142
v
27
/ 30'% Mar 16
38
>
>30'% May;
•
Jan
19
RECORD
Saturday
YORK
NEW
.
(2147)
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
Number 4699
167
12%
39
110%
14
*40
517a
39%
.
;•
107%
12%
■i•
-
:
• ■
-
24%
*24'%
24%
24'%
24'4
14'%
14 %
14%
147a
14%
7,800
27
27%
27%
27'%
♦21
107'%
12%
21®%
107
*105
*21
;
104%
40
*39%
xl103%
27
\
*104'%
104%
12 3%
12%
12%
40%
'
393%
111
;
*11074
111
2b
106
1
3,100
30
>
127b
127b
40
-
i
'•>
100
14
22'%
12%
40
17'%
27'%
107'%
»■.
r.
•
127a
900
>
40
40'%
2.600
7
1103%
111
340
110'%
110%
1107a
14%
14%
143%
14®%
15
15
40
38
39
*38
40
*38'%
40
53
*513%
53
*513%
53
100
i
300
42
517a
40
*513%
53
*513%
15%
15 V*
157s
10,700
;
.
"
20
THE
(2148)
COMMERCIAL
Range slnee Jan. I
Lowest
Highest
I per share
CHRONICLE
STOCK
I per share
t per tharc
NEW
Saturday
Monday
LOW
STOCK
YORK
EXCHANGE
Highest
May 8
$ per share
Par
Monday, May 17, 1948
RECORD
STOCK8
Tear 1947
Lowest
FINANCIAL
YORK
NEW
Range for Previous
&
AND
I per share
HIGH
SALE
PRICES
Tuesday
Wednesday
May 11
May 12
May 10
f per share
t per share
Thursday
May 13
t per share
Friday
3 per share
Sales for
May 14
the Week
I per share
Shares
N
14
19%
Feb
May
May
8
16%
29%
Feb
20
Feb
24
18
May 14
26% May 7
Nash-Kelvlnator
19
100
•25%
21
May
30
Jan
24
Feb
14
29
National Acme Co
1
25%
16%
Jan
7% Feb
27
National Airlines
1
8%
8 ft
Dee
14% Mar.
16
Jan
9% Jan
Nashville
5
29
Corp
Chatt &
9 V§ May
10% May
8% Feb
11
Feb
11 Va Feb
17
10% May 14
17% Mar 22
National
16%
24
Jan
34
Dec
29
Mar 18
37% May 14
National Battery
27
Jan
34%
Feb
26% Feb
20
30% Jan
National Biscuit
165
Dee
Jun
164% Feb
10
21 %
14
Feb
187
Jun
26%
8V« May
Feb
20
Mar
6% Feb
11
Dec
33% Feb
10
Dee
13 %
Feb
43%
14 V#
Jan
Dee
7%
13
13%
May
33
15%
Oct
7
2
National
Feb
10% Mar 15
2
National
38
13% Jan
29% Apr
20%
17%
May
24% Mar 17
14% Mar 17
Oct
18
48%
Dec
25%
Jan
9
Dee
lu,
National
11
11
19% Jan
National Gypsum
37% Feb
25% May
Feo
F*b
36%
87
Dec
8
20% May 13
28
Feo
95
29% Jan
23
Dee
190%
Sep
163% Feb
11
Dee
167
Jan
134% Feb
19
174
May 11
147% Apr -7
6% Jan
15% Dee
28
8%
6% Mar 13
Apr
Jan
1%
15% Feb
Jan
81% Mar 10
28%
Jan
22
Jan
22
23%
Dec
18% Feb
10
95
Mar
,
100
20% May
12% Dee
85% Feb
Sep
29%
Jan
x22
17%
Feb
12
Dee
13%
Jun
18% May
13% May
24%
Feb
<
„
Feb
107
Feb
08
11% Dee
85% Dee
,13
Nov
44%
.
11
102
26
Oct
32% May
46%
38
1
Feb
12
May
18% May
20%
Aug
62%
Nov
Feb
26
Jan
290
Nov
*•
10
11
255
Mar 18
30% Apr
87% Jan
4
8
64%
Nov
55
Feb
30%
Sep
Jan
10%
Deo
'Preferred
N
92
11
81% Jan
6%
13
Oct
x21% Jan
Deo
13%
Feb
18%
Feb
5
Mar
*
r;
3/4
3/4
*90
95
27%
•13%
14
Y
95
21%
rv.
10%
1
-18%
>-♦101
18%
102%
«
•',.<■■•32%
203/4
39
17%
17%
173/4
19%
1*
1 *%
90
26%
10%
17/
18%
*
18%
57
Northern
V
*87
6%
39%
Mar 19
15% 'V 16% *
No par
100
63%
100
'
No par
*20%
>
•54
•210
100
22'%
883/4
*89
27 V*
263/4
27%
l.ioo
13
12%
13%
1,200
10% •
1,700
12%
10%
235
•
Cum
10%
29%
•>i
100
Jan
7
Norwalk
Tire
Jan
5
Norwich
Pharmacol
93
—25
I-1
'
■
NEW
Highest
S per share
YORK
29
86
85
85
22'%
15%
13
|
15%
13%
90
15%
13%
13%
•90
32%
24%
25
92
327/«
(Minn)—
No par
•
»87
-
>
"88
50
38%
I per share
Par
v„;
15%
15%
16
123%
t
V
*90
32'%
400
59
4,200
,
>
16% i
12'%
>
-
30
3,000
•
26%
16%
123%
ri'
24
*26'%
92
2,700
'
58'%
>
163%
12'%
90
18%
32'% :
v
583%
26'%
j*
-
23,500
12%
43,700
'
92
*90
30
88%
153%
14'%
15%
14'%
16%
12,900
253%
25'%
25%
25
253% vv
25'%
25%
7,200
*38'%
39
39
>
5%
5%
*5'%
5%
12%
12%
*12'%
12'%
Monday
May 10
••
323%
>24%
■
■
>;'::
39
'•. 87'%
*38'%
33
24%
$ per share
34%
7,000
24%
>;>
26'%
71,000
■( *87'%
87%
39
5s%
53%
5%
53%
12%
123%
123%
SALE
J
33
.
123%
Tuesday
May 11
■$ per sharp
g per share
32
583%
;;-
350
15'%
'
5%
May 8
32
>-
8,000
:
88
>'
233%
23'%
*26'%
12%
12%
Saturday
y":
22%
18%
if *86
58%
90
LOW AND HIGH
STOCK
i;
5,100
•
..
•:
*87%
25
EXCHANGE
32
92
153%
25%
'
;•
29%
92
86
29'%
18%
*85%
:
.
873%
87%
25%
:
>
i
•
38% Z 38%
>
25%
38
"f
>
11'%
25'%
15%
39
.
235
24'%
15%
*5%
"
.10%'
25%
15%
12%.
2,000 i(
100 >
55%
33%
15%
*38%
2.5q
4,000 1 %
32%
25%
No par
*18%
f;>
26%
13% f -7:
24%
88
7
:
33%
15%
29
92%
58%
92
33'%
29 »/8
*26'%
15% } 153'„
12%
25%
*87
*31'%
26'%
*90
>
33%
> 24%
■
:;Z:
•
103%-;:
92%
23
3i
-
9.900
22
*210
t
197%>-
22
Z
235
87,200
134
*54
103%
18
*26.,
>
!
3,700 >
17%
>18%
.;:
4,100
68Vi>-
132%
55%
29'%
92%
173%
58'%: 58 s%
i
'
183%
22
A
•210
r.
29'%
92
18%
26%
STOCKS
Range sinee Jan. 1
Lowest
29%
92%
17%
..*.1*
18%
•
\
30 >
„••
"
29%
58%
{
•
42%
16'%
67
■*-
*54
!
403%
132
*2oy.
•
235
92%
•26
X
7,0001
,
"
,
%>"•::
29
iey2
•,..
'( ■r
87%
28%'
673%
>; 1313%
183% >
10%
x57%
;;
'■•:•
10%
23'%
90
common—10
♦2JG
31
v
1
4.600 s
10
253%
*86
40%
66%
'
.
132% ;
183%
-
22%
•
:
17,100
•
59%
24%
V
873%/
'
16V'4
66%
10%
>
>
96
59
29'%
553%
.
90
11%
*94%
*
1,800 !;
■
933%
:f; H'%
..
:
28%
23%
♦85
113%
> :;V"393%
16%
:•
132
23 %
32%
Co
16
32%
32
113/8
-
*
^
.
• ,/
-
29 > /■"
64%
*31
"
Rubbet
J 6%
26% v
>5%
*
22%
"
39%
■
65%
58%
^
57 '%
*26
—1
>
•86
*54
86
.
87%
'
*20%
;.i
1,200
>
-
34%
93%
24%
19
18%
*85 '
23
55%
29%
92%:
18
23%
*31%
V
—25
Telegrapk
Ac
7
29%
"v
>85>>;'
•22%
4
cumulative preferred
Northwestern
Range for Previous
85
.2.50
pfd $3.60 series
4.6%
% Apr 24
'
93
18% >18%
23%
♦86
235
500
18%
102%
"
x28%
10%
93%
.
96
x39
•210
185/«
58
23
10%
10%
*93
57%
*54
235
70
17
'
; * ♦101
34 %•••;•: -;
34
*94%
29%
'
•92%
>
—10
Ins
•210
-!"
%-'•.;
*20%
55%
10%
17
333%
93%
>•18%
r'
23%
lo3/*
17
183%
183%
•101 r 102'%
v
1,300
23,500
v
89%
16%
v.
11%
16%
20% V
* 19
*54
r
9,900
23%
%'
23%
135
98%
,
22
5?%>
39%
132
'
23
94
64%
>%•••'
97
;
r
29%
16 V4
20 "•/
23 ■•'•■*•
55%
29 %
;;-r:
132%
19%
'
,
10%
>
64
'
23'%
11%
v.
87%
%
883/4
18%
;
39%
39 %•".:•
134
135 %
19%
No par
Mo par
%>
29
39
97 %
57'%
23
*86
;
1,600
5,500
14,800
94%
57%
22%
87
->..15%
v-"63
65%
'
133
Gas Co..
Northwest Airlines
•
•;
■11%
•94%
6%
243%
*26%
:
102%
333%
*93
„
6%
22 3/4
22%
"
22%%/
.".•29%
39%
11%
57
57%
,86
r
93%
130
21%
16%
33%
7,600
•
1733/4
23%
10%
,
160
36%
»
*142%- 145
97'/.
•-
27
J.8%
*101
i
93
35%
173
U
:
13
•
62,000
225,800
6%
3%
;
200
J
22%
22
£9%
*163%
-
33%
*92%
94%-
> "22%
89%
29% "29%
V
BO
Northern Pacific Ry.
Northern States Pwr Co
27% Mar 22
40
Natural
•92%
.56 >
'
.
.
102%
>33%
>•93 .-
11%"
11%
"
'
23 '"'''
23
No par
Aviation.
93%
*
Northern Central Ry Co—
5
V" 93%
*101
i!
33'%
94% ■>:
-
56%
1
Co
11%
;
*92%
10
.
x93
36%
173%':-'
143
*140%
•
97%
10%
.
94
36%
173%
12
12%
»
94
,
63/4
*26%
13
1
i*
23%
17
//
102%
33%
93%;.
v.
11%
•
18%
18%
•101
33%
,*93
pfd__ 100
v-
17-.
7,900
52,600
4.000
11,800
19%
21%
10%
10%(
.*16%
.
20%
39
23%
26%
89
,
13 '/a'
12%
28
19%
,
20
22
21%
*88%
13
903/4
26%
13%
11%
27%
20%
39
143
95%
23%
22
,
12
273/4
19%
%
96%
♦23 Vs
22%
3,600
21,900
39
6 :,/4
U
5,300
8%
12%
193/4
173%
21%
3/4
23%
26%
J
State Elec Ac Gas Corp—
cumulative preferred
13
$ per share
63/4
22
43
8%
12%
12%
27%
.
36
*140%
>>
'
.
series A—
8
Highest
142
6%
21%
12,700
113/4
94
35%
,
•140
/•-
27%
'
10% Mar 18
Year 1947
4
200
.
9%
17%
%
U
*93'%
36
8
23%
19%
16%
%
23%
40
173%
95
♦90
19%
*39
174
v.
1«
21%
91
19%
17%
35%
6%
•23
:
22 y8
-
27%
19%
174
22%
>'V7'" %
23%
22
27
94
*93%
142
6%
22
95
•23
17
St Western Ry com..
Adjustment preferred
17% Mar 20
2
Deo
May
90
14
33% Jan
:
•140
6%
22
95
93%
35%
173
12
12
12
/
.8
11%
193/,
163/4
173
-
40
%
35
35%
;
11
Norfolk
26% May 14
2
11% Jan
Jan
I per share
*35
8%
12%
19%
*39
17%
S3
8
Xl2%
27%
16%
93%
41%
40%,
8%
19
40
*38%
•16%
Noblltt-Sparks Industries.
Nopco Chemical Co.
34% May 14
11
25%
Lowest
16%
17
93%
19 Y*
19
40
•10%
♦3.75
American
45%
6%
19%
*38%
1
common
6%
North
2
33
12
18%
Ac Light 3.90* pfd__100
Shlpbldg Corp partle stock
1
Y
13% May .10
Jan
19% Aug
Jun
27
18%
common
American
82% Mar 10
102% Feb
22% Apr
Aug
42
273/4
Haven Ac Hart RR Co_100
North
3
16% Feb
41%
18%
RR Co
5
Feb
40 Vu
41
26%
10
preferred
5
22%
40%
142
Dock
13
13% May
41%
22
Louis CO COM
28% Jan
8
40%
8%
100
172
9
27%
N Y Power
Apr 20
24
May 14
36% Jan
5
18
25% Feb
79%
St
61% Jan
Feb
9%
*140
Brake
17% Jan
Jan
11
Air
14% Mar
Nov
23%
8%
No par
25% Mar 18
30%
•23%
8%
-No par
non-cum
N Y New
22
115%
23%
8%
183/4
Co
NY A Harlem
*■
24
2
Deo
*23%
8%
18%
,
27%
*170
23%
27%
No par
28%
171
8%
12
25
27%
•170
*23'%
113/4
10
28%
173
8 %
100
Corp
Ref Co
27%
•167
23%
B
City Omnibus Corp
$5
11% May 14
Jan
Mar
25
28
170%
113/4
common—
preferred series A
New-York
10
20% Mar
6% May
83% Deo
Ac
Y Chic Ar
N Y
3
19% Apr
30
<
27%
170%
8%
«o par
Co
York
>6%
19
May
93
Oct
33%
10,600
27%
173
23%
Service Corp
1
Cast Co
No par
Lt ex-diat
No par
N
4
8
Jan
,
600
28%
27%
8
New York Central
May
55
10
25%
Deo
37%
*167
173
17% May 14 •
19
53%
Deo
36%
11%
'
23% Apr 20
33% Deo
56% Deo
16%
36%
8%
•171%
69% May "4 ;•
142.
23% Apr
23% Nov
26
•35%
12
New
27
81
3,900
36%
*113/4
9
14% Feb
100% Aug
14%
9%
13
Newport Industries commas.
4%V preferred.
N
80% Deo
14%
8 %
100
Newport News Ship A Dry Dock—1
86% Jan
<■
6,000
15
12%
4 »■
3
\20Va Feb
bep
10%
14%
8%
*
Mar
16
10V4
14%
41
1
New Jersey Pr&Lt Coi%
22
0
Mar
Jan
10%
14%
36%
12%
Newmont Mining Corp
2
29% May
42% Apr
^49% Jan. 19
Sep
107
5
May
59% May 14
11
Feb
'200
10
15
36%
8%
"4%% conv serial preferred—100
Newberry Co (J J) common
No par
3%% preferred
100
New England Elec System.,
20
8
26% Apr
90
Jan
5
Feb
20
10
14%
36
23%
100
Neisner Bros Inc
24
96
i
11
"11% Mar
Feb
25%
84% Dee
10% May
Jan
12% Jan
6% Mar 29
"l5%
Natomas
«
'
'
3
12% Feb
-
10%
490
15%
•
34% May 13
98% Jan. 12
13
Meb
39 -5
121
10
'7%
36%
12%
'
>
10
8%
43,200
15
13
Natl Vulcanized Fibro Co.
•
Dec
6.700
10
7%
8%
.
18
♦36
No par
Nehi Corp.
194
>
*
Dec
Dee
230
Feb
50
137
May
11% May
19
Apr
62
22%
-
.
80
8%
A
Steel
National Tea
2
18% May 10.
*
36
Stl
Power
12% Jan 26
10
Mar 25
20 % Feb
Ac
19% Jan
83% Mar 23
■
Co
National Sugar
2
16
Feb
7%
3%
National Supply (The) Pa com—10
4%# preferred
100
15
;
20% Mar 10
:
Feb
17% Jun
.■
8%
.
90% Mar
>
Dec *
32% Feb
*87% Dee
1
.
Feb
87
108% Jan
35% May
22% Dee
t
Lead
National
5
Jan
8%
'
100 > Feb 26
x27% Mar 12
-106.'. Mar
Dee
*
13% Feb
July
38
94
8%
12%
Co com
preferred
preferred
Mai
Natl
2
28% Apr
14% Apr
.
15% Mar 29
Feb
28% Nov
.
Nat
23% Mar 31
11
10% Mar 20
.
Jan
2,300
8%
3/4
National Linen
2
25% Jan
.
Mar 16
•
1%
6%
98% May 14
16
Feb
1
.18%
1
28%
1
preferreu
conv
National
24% May 14
H Mar 30
Nov
ft Dee
74% May
21% May
12% May
7% Feb
11
26
28
Rights
64.o0
36% May 13
165
136
25%
8%
19%
13
Jan
25?%
27%
27%
41
No par
1% May 14
25
17%
25%
27
170%
Nat Enameling St Stamping—No par
5
*
17%
25 %
26%
1
Prod
Distillers
17%
25%
26%
1
Co
Cylinder Gas Co
National Dairy Producta
National Dept 8tores
21% Jan
5
43% Mar 30
Feb
15%
Container
17%
25%
26%
36%
*23%
No par
16%
16%
25%
26%
15
r
27%
10
Jan
Jan
108
Corp
13% Jan
May 14
16%
26%
25%
10%
*165
No par
National Cash
28
Jan
11
Can
Corp
13
23%
«8
Share
Feb
6
% May 10
.
National
9% May 14
43
Ac
15
16%
16%
26
25%
9
•36
common
preferred
Bond
16%
26
25%
•10%
5
4
10
100
Co
11% Feb
14% May
;
7%
Nat
Inc—1
Corp
Co
Register
Nat City Lines Inc
26% Dee
14% May
17% May
30% May
96
5
23% May 14
Fibres
Automotive
National Aviation
Mar 25
171
9
Louis
8t
88
5'%
»
40
/>>;
60
6
1,700
12% * 12'%
900
•/
PRICES
Wednesday
May 12
Thursday
May 18
i per sharp
Friday
Sales
for
the Week
May 14
I per share
f per share
Shares
o
27
Dee
38
21
18
10
92% Jan
3
Dec
26% Feb
11
Deo
22
17% May
93
27% Feb
Feb
35%
Apr
Jan
111%
81% Dec
27%
Deo
118
24
May
May
'
Mar
83.
■
.
Feb
11
Oct
Dm
v
JW
?
'129% Jan
168
.
2% May
21% Jan
I
7
Feb
Feb
•
■
7%
« % Deo
> 14%
Feb
May
40% Jan
:
18
Nov
Mar
#% Jan
9%
4% Feb
July
.55
109
Deo
.46
Feb
92% Jan
Feb
6% Feb
22
•6% Dee
19% Deo
109
32%
July
Jan
37
Sep
63%
Jan
2
Dee
4%
Jan
33% Dee
43
28% May
34% Feb
7
Deo
14%
8% May
22% Bop
38% May
7
Apr
13% May
Jan
Feb
15% May
38% Nov
48%
.
Feb
16% Oct
24% Feb
Pot footnotes
see
100
Jama
page 24
97
Feb
5
12
11
21
17
Jan
IS
>
Apr 15
6% Apr
6
61% Apr 21
5
.
Jan
2
10% Mar 22
21% Apr
57
99 %
24
May 14
Apr 26
9% May 10
26% Apr 26
Jan
2
18% Feb
11
24 %
10
45% Apr 26
34% Feb
2
28
Mar 16
Mar 16
24% Feb
11
6% Mar 16
9
Feb
24
•
103
3
May 14
May 14
Apr
6
*
Pacific Mills
106%
11%
11%
97
21%
*96%<
Pacific: Telep &
21 %
29%'
*19
v
*84%.
I.
par
79%:
•
Tetog
Motor
,
'
Car.
-98
-Kupar
v:!;
•-
4%4%
Paraffine Cos Inc
com
Park Ac Tilford Inc
1
Consolidated Mlnee—]
Parke
Parker Rust Proof Co
Davis
Ac
Co
Transportation
Patino Mines Ac Enterprises
Penick Ac Ford
30% May 6
38% Feb 27
37
45%* May 14
Penney
11% Feb
13
15% Jan
2
Penn
15% Feb
11
19
5
Penn-Dlxle
(J C) Co
Coal Ac Coke Corp
Cement Co
Mo par
-2.50
No par
■
Mo par
Mo pur
10
1
'38%
98
>144
-r
"
■
•
.
: 5%
145.-—-..
..
5%;
56
>■•'■
100
98»/a
98'/a
>
?
2314
»42%
2%
29
*27%
8
n>/4
*30%
44%
*13
17%
•9%
-9%
9y«-
25
44
303/4
443/4
17%
9%
.
9% /'
>-•. *20
.
55!%
*98%
9%
9%
21
t
20y
"/■ ' 5 ■>'
58%
7/
4%
;.
9%
*20
:
100
9%
; 37%
1
55%
i,
/•'
9'4
100
9%
23%
43%
433/4
234
234
23/4
29%
293/4
29%
27%
27%
*27%
2%
24%
103
7
8%
11%
2%
20-:i
600
'
5%
38%
'
:
39
88%
99
•:%.
"5%
*
-
.
2,700
>
,
7,600
58%, ' 59%.-
7.500
I
7
110,400
•"
9'%
,
9%
20%
20
20
56
*98%
'
9»/4
24%
*101%
6.600
100
100 V
600
100
"
9%
24%
103
9'%
9%
25
103
1,100
:
23%
24%
43
44
44'%
44 y4
23/4
53,400
25
103
24%
2%
30,300
;
233/8
V
.
:
V 57
'
250
11%
;
10
49,300
600
.
2%
2'%
293/4
30
29%
30%
27%
28%
29
3%
9ya
9'%
9%
6,000
11%
11%
U3/8
113%
12%
3.800
30%
31
31%
1,700
45%
45
45%
5,900
12%
12%
400
18
18'%
2,100
30%
30%
303/4
30%
303/4
45
44%
44%
44%
45
13%
13%
13%
12%
12%
171/4
17
17%
17%
17%
30 V*
45 Ya
*13
17%
>3%
173/4
,
50:, i
'
5%
56%
.
10500
'>7.200
144145-7
59%
4% /• 4% >-
9%-
34%
27 s/«
30y»
17%
860
>; 39%
-:
900
v.; 10
>180
273/4
44%
*13
13y,
8%
8%
*11%
>;
isy.
30
4
8%
20
70
19%.
■
59..
56
V
23%
43%
11'A
•
*98%
233/4
834
4%>
9
/
2334
11%
/,■•
-
:
>20
*421/8
29%
•
•
9%
43%
27%
39
> *144 ->145
56
*i2 %
27%
: 20
14%/
*68
40%
33%
20%
24%
.
70
; ;19%
> 43/4
*101%
28%
-
*68
t'123%
30%
5%
110
6,600
38 v >'37%
60
"
> '
51% Z 52%
24%
•
'r
-
123/4 >.123/4 'V
:
■
34'%r
102%
.u-.y
62
34%-
24%
,
'r
'
♦98%
::
1,000
51%
-♦IOI14
233/«.
;
■•••/'
86
62%
,
51%
241/4
.
62
14^4';" 14%N
r
51%
> 98%
98%
4144 - 145 '
7
56
I
102%
29%
13%
5%
613%
-
-
197%
*85%
'
•34% ?-•»">
3334
51
/
x ;c.r,
19'%
17,800
/
152
*149%
84'%/
39»%* ">/;39%
241/4
2%
8
;*19'/4
70%
2%
23%
11%
9%
> 39%
34
38 ' ■('
•>38%
:
60
500
34
"
84%
12%
-'i
•:
1,900
>
22%—r
-
32%
:
290
98'%
-*22-
-
19% -19%"
*101%
>
2234
-
102%:
27%
20
5y« •>
•**. v
*12
•
51 %y
>:4'57%. 57%'>?•./" 57% 60%
4%>>>.:/;4% '>■:4% %
"/I V'S 41/2
20%
9
>
•
<y 145'-
55%
9%
7
40'/4
62
8,500
11
98'%
"
32%
150
31%
22,500
"
107%
10%
213% :;
150
->
1,200
30%
313%
19*
■86'%
•>14r- •; >14%,
*68
98% .99
•146/",'"-
■
,
20 y2.
•
25
*101 y4
;
20'
'
■;
X 61
70,
7-
»:i;.v33%-'■>
56
>*£
<
20y4: -f'>
19
*84%
<
200
16%
107
213%
>■■•/.
"
300
:
38'%
-16%
98%
150
33%
97
--
37%
10%
>•97%
v;
303/4
98%
r.'
107%
10%
•
13% v
•
50%.. .^ y 50%
38 y.
30 3%
*106'%
103%
>21% ,22%
30 y8
31'%
'14%:.;
.v
33%- -33%/: :.50%
/
96'%
106%
*148%
62
20
*98
,
i
!)-; 6i%
56 >
;
i
<new) JIo par
*1934
-
:.
:
16%
'
'
88
61%
,>39
30'%
373%
16%
*32%
97
*97%
19
*84%
.
9%
20
•
i% - convertible preferred—.—100
Paramount Pictures Ine
1
5%
58
*19
;
70
30%
33%
96 3%
37'%
r
'
19
y-Z *68
40 V4 i :./ •.•40--::
98
•5%
150
16%
106
.
::'■;
30%
*148'/a
U3%;-:v4<>i2%
#>145 •■.»T45'
57
29%»
V
*323%
963%
37%
10%
21%
88
61%
;>
97%
: r-;' ,-13%
:
•
97%
21%
Xv£14.%* •'•14%vi,v- 14.
•
M 20'20.—
81 /•
11
33%
37'%
*16%
30%
106
10%
•*' r/*68%
-*39% <40%
t
—JHopur-
Panhandle East Plpa L smlJKs par
4% preferred
r.100
Panhandle Prod A Refining
1
Parmclee
70%
30%
29%
*84%
•
13%t' 13%
v
7
?
lo
>
33%
96'%
Z
16%:
•105%
V"
150
19
19%
90
16%
97
29%
"61%
33%
21%
*148%
*
•14% -14%
10
pur
American Airways Corp—.
Pan-American Petrol A Trunsp
I
Utah
150
>61%
Pan
Park
>
29%
•148%
•6% 'preferred-
Packard
97%
21%
Pacific Tin Consolidated Corp.
Pacific Western Oil Corp.
2
Jan
106%
11%
11%
-
33%.' 33%
:50% -v50>/4
—;——Jfe par / — 38%
38%
Lighting Corp
5
7
106%
>
-
Pacific Gas Ac Electric.
Facific:
29% Jan
Jan
16%
30l/a
♦105%
6
100
100
Pacific Amer Fisheries lue
33% Jan
9% Apr 27
12% Apr
8
16%
Mo par
common
37%
29%
"
Elevator
96%
37%
*33
r
16%
lo
■
96%
38
30%
Owens-Illinois Glass Ce_
•v
16%-
34
97/
37%
-30%
—.
3
147-1? Mar 18
18
8% Feb 27
13% Mar 16
5
Fd» 27
39% Apr 23 '
4%. Feb 10
r
.
A
6%. preferred
Outboard Marine As Mf|.
Outlet Co
Jan
i
54
;41%Feb 11
Feb
13
i
•
20
•33
•96%
-
37% <38%
-
100
common
preferred
34
97
;
No par
preferred
(The)
Oppenhelm Colllne
29
36% Jan*-'8- r
1&
Feb 13
89% Feb 27
134
•"-
•89% Oct
♦% Dee
47 % Mar
v;30
Corp
pfd
.13%-May • 8 •*v Pacific Coast Co commeu.
73
1st preferred non-cuaa—Mo
Apr 13
2nd preferred non-cum
43% Apr
5 v
Mo
i 20
;
May 8 <<. Pacific Finance Corp of Oahf.
30 % Mar 17
Jan
39% Feb
convertible
convertible
Otis
15% Jan
11
34% Feb 13
.15% Max 20
43% Jan
62%
;
Feb
4%%
8%
Jan
73% Jan
11% Feb 27
Jfo par
May 14
<
23
62% Feb 11
■f.
♦33
*96%
s
Co.
Omhlbus
Apr 20
31
89
commi
preferred
Oil
Oklahoma Gas At Eleo 4%
Oliver Corp common
5
154
-
8
••»"'Sep
Ohio
17
Jan
34
.
Jan .17
16
3
7
22% Jan
56% Mar 19
467% Oct
•0% Nov
,
26
Mar 17
19
Jan
•0
Jan
18
Jan
f July
12 %
100
2
80
'*
Jan
Dee
Feb
.
9
„
4.40%
31% May 14
107 % May 14
25
Jan
27
28%
Mar
Ohio Edison Co
Apr 24
18% Jan
Mar 16
147
80
9% May.
131
Feb
,
Feb
•20
Jan
93
„
24
Feb
33%
»
Nov
•0
8
89
163%
19% May.
84
Aug
10
92 j
Feb
Feb
28%
149% Oct
61
Feb
13%
34
100% Apr
38 % May
16% Apr 14
22% Feb 11
Dec
107
7% May
May
15% Sep
86
■
July
-
4,100
6,800
-
800
•
Volume
167
Number 4699
THE
COMMERCIAL
NEW
Bftnie for Previous
Range
since Jan. 1;
Lowest
Highest
9 pershare
I per share
t per share
NEW YORK
Highest
Sep
36
Apr
29
Feb
18
*107
Dec
117
Jan
110
Apr
8
18
Dec
22
Jan
18% Feb
11
15%
Dec
26%
Feb
16% Feb
27
112
May
51%
Jan
41
Feb
20
Jan
48
Dec
118%
Sep
103
Feb
19
120
14
5%
Penn
Light Co_
22
6
55%
Nov
35
Apr
21
45% Jan
Jun
101%
Feb
86% Feb
17
10 % Feb
4
Jan
27
May 12
30% Jan
100
12
Dec
Apr
9% Feb
26
8% May
13% Jun
18
Oct
14% Feb
2
37
May
62%
Jan
47
Feb
11
36 %
Apr
48%
Dec
40% Feb
13
63% May 14
56% May 14
49%
Dec
59
Feb
6
54% May 13
97%
Dec
11%
Dee
23%
;
Dec
22
May
Dec
May
111%
••
Feb
Mar
50
95% Mar
109% Aug
27% Jan
29%
Dec
120%
20
May
23% Jan
26
104
109% Aug
1o%
21
28
14
14
Jan
19
Nov
28
•
Jan
85
21
Jan
Apr
Oct
16%
May
Dec
35%
98 % Mar
Jan
No p«r
62 Va
55 Vb
54%
103%
101%
p referred
Electric Co
67
11
Feb
7
*84
86 %
46
*44%
46
90
*83
90
90
70%
69%
70%
14%
*13%
No par
Hosiery
69%
25
85
Apr
No ]
com
'
13
9
Oct
28% Jan
25% May
150
22
Jan
14
46
6
29% Feb
7'
Apr
Apr 23
10% Apr
70% May
9% May 10
/ 39
T
154%
Oct
12% Feb
12% Jan
28
15% Jan : 9
13% Mar 24
Feb
8% Feb
27
11% Jan 5 9
Pressed Steel car Co Inc
i .43
Feb
71%
30% Apr
62 % Feb
Nov
32%
13
Jan
18
Feb
102%
Feb
81
38%
Jan
32% Jan
25%
Feb
20
34
8
Jan * 2
16
71% Jan
27
28
Mar 11
38% May
84.75
7
Public
7
-
conv
Publicker
26
237/e May
Electric
Power
Co
Pub
of
Co
Apr
20
Feb
6
111 V. Apr
21
10
124% Apr
20
7%
110%
Jun
114%
Feb
51% May
21% May
61%
Dec
11
2
109% Mar
5
Feb
29%
Feb
22% Apr
141% Apr
24
5
Oct
109%
Jan
101% Feb
13
24%
Dec
36%
Feb
*25
Feb
Jda* V
24%
Dec
Apr
20
53
Jan
5
31
*21% Feb 25
25
Jan
Preferred
$ per share
i
w
Z.Y\
9 per share
$ per share
31%
31%
20%
20%
86 Va
.10
5;300
159
*155
167
*163%
36
35%
35%
*.17
17%
8,300
159
10
0
167
10
'
37
6,700
'
9
0
8%
>
18
0'
♦157
J
20%
*163
•
17%
0
178
*'
9
9 Va
6,800
*14,700
18% 0
17%
177/8
;
*157
270
3,000
"32
*155
35%
8%
178
*157
v
178
•
x91
92%
82
♦80
32
24
23%
158 V
43
*151
,
:
92%
X80
0
0
.
91
93
93
94 Va
%i
1,100
'
80
43%
23 Vb
.
158
81
23%.
♦151
0
44%
158
:
81
23 Va
,
*151
43 Va
43
^
79
■
9%
*9%
9%
67%
68%
66%
68%
*37%
38%
38%
38%
*9%
15%
15%
13%
13%
9%
'
9%
9%
'
30
110
V
15 %
♦14%
*151
43%
"
42
::
(13
43
10
67
61
67
38
9%
9%
400
"
II,100
14%
37% 0 38%
15
14%
13 Vb
13%
13 Vb
10%
10%
10% /
•-14%:
10
•
1,400
6,600
11,800
13%
16,100
>.
>
■0 *31%
32
31%
31%
32
32
32 Va
32 Va
'
400
67%
1
66%
67%
67'A
67%
67 Va
67%
67
67'A
67%
67%
23%
:
237/b
24%
24 Vb
24%'
24 Va
25%
25 %
26%
26 Va
27%:
16,700
90%.
90 Va
91
91
91
38%
38%
23%
23%
f
95%
.v
91%
*38 %
23%
0*95%
I
0*
*
-
138%
109
109
.
138%
24
*110%
♦31%
111% ;
91 Va
91
38%
0 38%
38%
23%
23%
237/a
96
110%
*110%
29%
29%
*29%
45%
49%
110%
95'A
X108%
109
xl21%
121%
139
140
Xl38%
138%
*23
24
24
Va
110%
110%
111%
*23
*110%
29%
29%
29%
48%
49
43%
b
.900
0680
109%
*L22
1
122
138%
'00 S'50
24 'A
*110%
360
-
138 Va
*23%
111%
4,300
10,700
.
96 Va
103'A
%'
111JA
24
;~6o
29%
29%
29%
2,800
48%
29%
49 %
220
23'
95%
109 lA
123%
5,700
38%
2j%
v.
109
'A 139
29% ;
23%
x95%
.
0
38%
38%
122%
*23
49%
97
38%
X23 V2
123
...
139
23
96
96
-123
92
*90 Va
v
109 Va
109 Va
.%■
29%
-
<
23%
,
139%
*23
.
38 Va
*90
♦
122%. 123 V#
138%
*23
32
95%
110
**122% 123%
v.
■
1
95%
.>>109
:
0:
,
38%
23%
.
-
5,000
10
66
13'A
9%
1,200
158
37%
>
15
13%
9%
9%
158
0
24
24
;9%
15
13 Va
.
23%
42
38%
48%
49 VB
50
8,000
35
v
35%
29%
29% ;
24%
24%
35% ;
109
34%
35%
36%
34%
35%
•' 34%
107%
107%
107%
107%
*107%
108
107%
107 >A
32,800
; 400
29 %
29'A
0 29%
29%
*28%
29
28%
29 Va
1,100
24%
24%
24%
509
35%
*107%
;
48
109
35%
34%
•
*
28%
28
24%
,
24%
Va
*24%
••
STOCK
Saturday
0
Monday
May 8
9 per share
86 Va
20%
I,300
/
13 V*
0 *86
*85%
031%
167
68%
.
•107%
EXCHANGE
12%
13'/a
*
9%
108
NEW YORK
13
33%/
33%
159
35 !
67%
No par
Range since Jan. 1
\
'■ Highest
16%
24
*38
'
No par
Lowest
•/
.
84%
*163
92
A 42%
.
■
Quaker State Ott Refining Corp—It
4
13%
*155
*157
82%"
9% '
preferred
common
13
84%
33%
67%
No par
No par
(The)
conv
16% '
24
Puritv Bakeries Corp
5%
110
8%
No par
wL
101
*105
35%
No par
pfd
Inc
*100%
110
165
8%
92
STOCKS
Year 1947
Highest
com
85
dividend
Oil
Pure
100
El & Gas
Range for Previous
lowest
10o
preferred
Serv
$1.40
5
'May
8%
Pub
Pullman
36% May 11
107% Mar 24
11
SO i
2
30
Apr
1
40% Mar 17
106%
29
111% Jan
28
*25% Feb
20
Apr
101
*105
159
35%
177
'
90
39
00*90
20
Feb
*127 '
*32%
♦100'A
110
13'A
165
400
23%
No par
102
146% July
32%
100%
'
%:>
69
Serv
111% Feb
Jan
9%
*31%
V
5
*90
127
43
68
14,600
,
32%
85
*154
8%
8%
*151
9%
preferred
14
"
16
;
10
72%
207/8
♦157
13 %
130
98'
92
14
100%
♦105
'
158
43
47
14%
31 Va
14%
120% July
11
86 Va
0
*88
■
14%
Dec
Aug
*13
20%
;
13%
Dec
Aug
*84
045
.
70%
31%
81%
25
39
111:
111
86%
70%
20%
81%
r■■*24%
102%
20
5,700
200
69%
.
31%
0;
0/0 9%
Colorado
0
*
80
No par
preferred
cum
Service
..
95
15'
69%
20%
35% .V 35%
:/
90
1
com
380
26,500
11,200
27%
95
"
Corp of N J com..No par
85 preferred
No par
6% preferred..
100
-
177
89%
preferred series A..50
Industries Inc
300
39
27%
92
"
31%
0 0
No par
10
com..
35%
89
'0
48
*88
32%
00: ;J;.
*151
Procter ft Gamble
19
94 v Apr
6
4% %
9
Apr
15
Feb
Potomac
*44%
92
20
165
1
Poor ft Co claae B__
Nov
*84
46%
31%
160
,
19%
86%
*88
19%
♦162
0'
16
18%
34 Va
•
.
95
31%
0
;
9 aY
ie
■>:'
15%
*84
110
13%
*154
,
210
,
0
V
■
18%
27%
*44%
14%
,
*84%
36
Plough Inc
Plymouth Oil Co.
15%
99'A
89
27
46 Va
100%
,
26%
95
100%
13%
85
26%
*93
x32%
165
: *157
Pond Creek Pocahontas.
HOVa
1
*87
«
600
106%- 107
107
90
*105
154%
-
89
HOVa
*98Va
99'A
*98%
107
86Va
*44%
36
.>'0,8%
92%
*84
...
*163
prior pfd_
Pittsburgh ft West Virginia
3
.
110
*84%
19%
•
*87
27
92%
100%
13%
■
31%
conv
4
V2 May
*84%
;
v
Pittsburgh Young ft Ash pfd
Pittston Co (The)
8
13%
85
18%
preferred class A_
ser
13%
.
89
26%
,
34%
100%
♦105
31%
preferred class B
1st
34
110
V:
No;
Pittsburgh Forgings Co
Wayne ft Chic Ry com—
7%
gtd preferred--—Pittsburgh Plate Glass Co
Pittsburgh Screw ft Bolt
No:
Pittsburgh Steel Co com—
No;
5%%
34
100%
Pitts Ft
2
*14
•105
preferred
69%
15
*100%
Pitts Consolidation Coal Co
14
Jan
convertible
'69%
*31
No par
*87
99
106 %
90
6,200
"
27%
*14
5
common
87%
27
100
:
5%
33
Dec
110'A
SS
106%
86%
7%
Feb
0
110%
99%
105%
*88
82% May 10
Oct
Dec
109 7/a
99%
106
*44%
94% May 14
Dec
90
30
32% Apr
l
20% May 11
9
Jan
19%
103 7/a
No par
100
preferred
27
Jan
Jan
30% May
109 7/«
109%
105%
99%
106
*84
cumulative
73% Feb 28
35%
Dec
109%
*97%
27
71% Mar
140
15
May
15% May
109%
99%
106
95
Sep
145
67
109%
26%
Oct
14%
85%
Jan
11
38
•
*109%
*92%
Pitts Coke A Chem Co
5
13
Apr
Dec
24%
95
Pillsbury Mills Inc
84 preferred
Feb
8
Sep
33%
24%.
*92%
5%
10% Feb
,
Jan
,
23%
33%
18% May 14
156 >\ May
6
38%
Dec
23%
3.60 series preferred
Phillips Jones Corp com
5
10
Dec
May
24 Va
87%
2
May 11
39% Jan
9
10
9
24 Va
87%'
10
165
t
k 21
12%
24 Vis
480
'
34 Va
90
11
20%
19% May
11% May
24%
34%
14% Jan
200 0
17% May
24%
*86 %
84%
May
•24%
?
16
Oct
/
24%
3
93%
10% May
171
*24%
34%
May 14
8,100
18,700
,
23
34%
20
140
,
Jan
23
34%
Feb
Dec
:
22%
34%
Feb
15
Apr
59% May
22%
34%
155
34
114
22%
337/b
26
157
:!
104 «/a
22%
34
95
84% May 12
26
Mar 16
Feb
8% May
103 %
22%
Pitts C C St St Louis RR.
Jan
*
104
*103
22%
preferred series A
10o
Philip Morris Ss Co Ltd common
5
4% preferred
100
8
Nov
104
22%
3%%
5
10%
*103
103
22%
18 Vb
28% Jan
63%
22%
-
"17%
34% Jan
42%
103
541/4
18%
103% Jan
203
103
.53%
.
17%
1
Apr
53%
18%>
25
Nov
55 V4
53
0,
18 %>
30% Feb
May
7
59%
54%
53 %
18%
98% Apr
Jan
59
55
53%
18
Dec
12% Feb
59%
54%
-
>
18%
Pboenlx
32%
103
58%
;
17%
Phillips Petroleum
145
54
1
13
400
10,400
10,900
20
22%
Phlla St Reading Coal St Iron
Philco Corp common
14% May
Dec
54%
53'A
*97%
72% May 14
Dec
59
53%
54%
*105%
10
Aug
58%
53%
100
90
16
'59%
53%
'
14%
No par
common
21
163%
59%
*53%
No par
No par
102
102
'
100
Jan
1,100
56%
54%
102
100
35% May 14
112,400
27 Va
61»/a
101
preferred
preferred
90
>
27%
54%55%
12
32%
27 Va
101%
59%
101
100%
preferred
46% Apr 23
'169
27%
101%
19%
54% Jan
>
27
102
'
19%
.
4.3%
22
Dec
27
.
18%
63% July
18
Feb
Jan
27%
700
2,200
'
3.8%
26
Aug
27%
17%
18%
Jan
16
28
20
16%
18 V8
87% Jan
165
*27
97'A
19'A
16%
4.4 %
36
Mar >
V-
28
90%
19%
96%
,
16%
18%
Dec
18%
*27%
/19%
18
July
102
96 Va
700
190
400
,
'
17%
93
Dec
17
17
43
88
19
16%
7
May 13
18% May 14
6
11% Feb
18%
17%
81 preference common.
87% Jan
Oct
18%
17
17
Jan
16%
97
18
17%
16%
Apr
May
96
17%
17%
'
14%
81
10
97
17%
17%
14%
21
Feb
*95
18%
14 3 a
Phlla
83% Mar 17
38% July
36%
36
14%
87
96%
*36
36
14%
Feb
108
35%
36%
14%
Jan
Dec
35%
41,500
,46%
116%
.
14%
Mar
Dec
46
116
*35%
97
9,100
,
20%
19%
45%
113%
14%:
101
Apr
*95
19%
45%
113%
100%
109
96%
19%
45%
113%
16%
0
•
400
19%
; 14%
Dec
99%
97
37
1
19 Vb
14%
Dec
30%
37
19%
,
100%
Dec
Feb
37
!
33
14%
25
Jun
19%
45%
*113
Shares
;
111%
*100%
85
12
19'A
45%
114Va
33
*111'/a
100
88
50% Mar
19%
33
111%
2
107
22
Jan
.19%
17%
L_100
_—
83% Apr
8
25% Mar 16
43%
18%
the Week
t per share
991/2 May 11
Jan
91
Aug
45%
114 %
*32%
*111%
19%
45%
114%
34
111%
.
45%
*36%
_33%c
preferred
•
*113%
1 per share
*111%
''ftftliw f«r
Friday
May 14
Corp of America
8
Pfelffer Brewing Co
No par
Pfizer (Chas) St Co Inc
1
Phelps-Dodge Corp
—28
Philadelphia Co 6% preferred—-50
86
7
5
25% Jan
*110% Apr
105
95
4%%
19
19'A
19%
34
'0.0
111%
18%
19
19
t per share
'
Petroleum
May 14 1
104
5
26
22% Jan
6
May 12
■■
14% May 10
-
21% Feb
Jan
Dec
102
11
19 %
*111%
45%
*95 %
Peoria & Eastern Ry Co.
13%
34
34
..
0'-V,
Thursday
May 18
May l'Z
$ per share
111%
PBICES
Wednesday
114%
114 Va
—100
Pet Milk Co common
15% Mar 19
34
6
19
34
*111%
19
*45
100
5
Pepsi-Coin Co:
34% July
97'A May 14
20% May 7
24% Jan
5
18%
10
34
111%
SALE
HIGH
AND
Tuesday
May 11
'■
S per share
36
*110%
50
com
3%% conv series A pfd
Peoples Drug Stores Inc
Peoples G L St Coke (Chic)
Dec
*33%
JNo par
Pennsylvania RR_
Pennsylvania Salt Mfg Co
Apr 22
Apr
Power ft
t per share
com—No pax
100
preferred
81%
i
LOW
May 8
Par
45%
23
Monday
May 10
21
(2149)
RECORD
Saturday
STOCK
Penn Glass Sand Corp
7
19% Apr 15
20% May 14
<
38
22%
CHRONICLE
STOCK
EXCHANGE
34% May
111
-
YORK
9 per share
29
<•
FINANCIAL
STOCKS
Year 1947
Lowest
&
Per
LOW
1?
0
9 per share
AND HIGH
24%
25
SALE PRICES
May
$ per share
J
>
Sales fer
the Week
I per share
9 per share
9 per share
Friday
May 14
Thursday
May 13
Wednesday
Tuesday
May 11
May 10
I per share
•24%
25
Shares
R
7% May
68%
•
8%
94%
V
;10%
,
Dec
Dec
105% Mar
75% Apr
23
9% May 14
Mar 31
98
Jan
28
Radio
Radio-Keith-Orpheum
Ralston Purina Co 3%%
28% Mar 11
33% May 14
20
31% May 14
Feb
31
Jan
28
34 Va Apr
July
16% Feb
20
6
23% May 14
48% July
36% Feb
2\
45
39
31
July
18% Feb
1
108% Mar
16%
^
,
Feb'16
10% Feb
101
24
Jan
14% May 14
21
11% Feb
Feb
Apr 27 i
35% Apr
1
11
;
Feb
105
25
16% May 14
■
12%
Dec
14%
Nov
Feb
25
jJan
5
17%
Feb
10% Feb
13
Apr
27
62
Dec
12%
'
V 96
Dec
Nov
0 24%
84 %
Feb
17
Aug
102
Jan
;
j
27
62% May 10
11
33%
Oct
Jan
/
Dec
9%
Dec
0 101% Dec
0.14
May.
:
91 '
Dec
6% Feb
10
8%
Feb
3% Mar
4
Feb
8% Feb
11
10% Jan
Feb
22% Feb
11
29% May 14
V
113% May
24% Feb
Apr
4% Jan i 9
'
2
Jan
5
15% Feb
10
20% May 14
82% Feb
17
96
103
105 % Jan
Apr
28
19
Dec
11%
Feb
5% Feb
20
7% Jan
2
Jun
39
Jan
19% Feb
27
29 % Apr
22
104% Jan
5
May
May
36% May
45
-
;
"
May
85
Dec
19
Apr
13%
Jan
.23% May
?
124
Jan
92
Mar 19
16%
Feb
7% Feb
11
44%
Feb
35% Apr
23
50%
Dec
46
Feb
87% Feb
Feb
20% Mar 16
104
25%
{.; 18% Dec
31
Feb
May
15% Jan
22
6
18
10% Mar
26
Mar
9
9
5
19% Feb
Sep
5% Mar
6% Feb
5%
14
18
Dec
20% Nov
15% Mar
19%
Sep
24%
17
42% May
17% Dec
Oct
8
Mar 16
1
10% May 14
41% Jan
50
2
Jan
8
03% Jan
13%
■>i 96Yi
71
9%
97%
98
33%
33%
33%
1,300
V'". 31'/a
31%
7,600
35
v
v
*34
22
42%
■V 42
34
•34%
'
13%
21%
*35
36%
13%
•
25,800
31'A
'
14%
,
15%
<0
i *103%
109 /•''
ie
*
13%
■
155/8
.
preference
10
5
100
Vil JR
•10%
12
♦22
22%
No par
12%
65
•
•97
::>0 ;0 62 Va
00:
•,
13%
00- *97
*103%
16%
15 Vu
15%
♦10%
•10%
12
22%
22%
*22 V»
022%
12%
*12%
13
62 V2
•62%
•62%
63%
13%.
13%
13%
13%
0*10%
'•
63 Va
98
i5%-;;;
'
12%
i
22'/a
12%
13% 013%
2H
; ..11
12%
12%
>: *63%
_50c
11
♦22
109 «•:
♦103%
109
13% 0?
12
:;0*
:
98
24 VB
24%
:
11%
13
022 %
97%
/
-
.
■'
22'A
42
21%
*
>
33%
: 42
13%
16%
36%'
14'A
r
63
13%
•
'
0
1
24%
1
13 Vb
50c
5% %
preferred
Rexall Drug Inc
Reynolds Metals Co
5%%
convertible
i
19
preferred
♦100
100
Reynolds Spring
Reynolds (R J) Tob class B
27
,
1
Common
*9
10
V
27
200
140
14%'
18,500
98
21%
24% Jan
19
Ritter
19
Roan
7
Jan
9% May
25
May
4
Robertshaw-Fulton
4% %
3
No par
Company
No
Antelope Copper Mines
Controls
24% ; 24%
25%
6,300
12%
12%
36,900
3%
0 3%
9%
*9
*
*104%
9%
105 »A
18%
•18%
92
♦100%
•-*.
*46%
'0 91%
6%
6 VB
6%
-26%
27%
27
♦100'A
27%
101
100 % 100 %
101
9 Va
9%
6 Va
6VB
27
27% *
101
,
9
0:
*9
36%
9%
*
36%
36%-
47 Va
46%
46 0
91%
46%
91%
♦45
91%'
*91
92
21%
22%
23
24
24%
24'/a
22%
*22%
23
5%
5%
5%
6
6
9'A
9%
9
9%
9
1
,
,■
conv
preferred
25
•22%
*24%
24%
-/
t
Royal Typewriter
1
'
20
20
6%
9%
18%
*105%
"
105%
lg
6%
•46
92
*91%
23 3b
24
0.. 23%
23%
23%
24
23
23
23;
24
:
,
0,0
70
400
24%
9,800
25
26,600
'
-
24
.
"800
6%
6%
24,700
9VB
9
9%
9%
9%
14,400
23%
24
23%
24%
23%
20%
20
20%
20
20%
20 %
20%
20%
20%"
21 •:
20%
63%
63%
63%
64
ij-
64
15
14%
lS
0
58
57
58
C
48
92
6%
20'/a
24%
8,400
11,700
6%
20%
24%
130
10%
6%
20%
24 Va
20 Va "20 '/a
39,200
' 6,700
38'A
37%
46%
20%
24%
0
.
101%.
"
10%
v
110
7%
27%
v
101
/
10'A
46%
93
6%
27
*91%'
'
300
9,900
20%
*91%
38
8,100
1,800
76,000
.>
'
>
27%
101
;
.
.»■
29%
93
36%
10
9%
28%
.20%
'
Ronson Art Metal Wks Inc
21% May
i-3% "■'3%
1
23%
24«/b
23%
24
22%
9%
37
35%
21% r.21%
V
91%
-
21% May 14
105'A
105%
18%
105
3%>0
9%
283/4
92
105%;
-
Co__l
.
9%
28%
9%
29
19
6
*22% 023 0
5%
5%
par
3%
3%
-
28%
28%
93
27
21%
'*
24%
012%
18%
36%
.
♦104
243A
12
93
9
1
3.60%
3%
£%•
27%
.
24
12%
19 Vb
36
Rheem Manufacturing Co
Richfield Oil Corp
Preferred
0
3%
27%.
24%
12%
93
9%
,
13%
24
18%
0
,101
36
0
93 0
6y8
v
26%
0 105%
0:
94%
6VB
:
3%
24% 0
*9% >10
105%
V* 19
*93%
No par
-0
10
27'/a
♦104
2.50
com
3%
-9%
26%
100
13
13%
3%
$1 convertible preferred
10
Republic Steel Corp com
No par
6% conv prior pfd series A—100
Revere Copper ft Brass com
No par
24
24%
24% May 14
25% Apr 30
,,
:
24%
1
0
21 Va
1,100
3,200
~
'
1
Jun
55%
Jan
39% Feb
24
12%
Jan
8% Feb
11
13% May 14
37%
Dec
32% Feb
11
48% May 14
page 24
-
47%
91%:
5% May
22
Apr 23
Motors Tne
66% May 14
18% Jan
59
6
Apr 23
Ruberold Co
(The)
Ruppert (Jacob)
■i\ 20%
No par
B
64
0
20%
64
.
14%V 14%
*14%
57Va0 57%
St
Joseph Lead.10
St L-San F Ry Co com ▼ t c—No par
Preferred series A 5% vtc
100
.
57%
46
*64
14%
*15
57
57%
,65
15'A
•
57%
58
12%
12 y2
■
64%
Xl4%
12%
13
12%
13'A
12%
12%
12%
47%
46%
47%
47 Va
48
47 Vb
47%
47
13
47%
64
21 Va
b
58
.
;
66%
15%
15%
•
v
0
2,200
63 Va
13%
*97 Va
0
■
400
13
63%
:
13%
98
900
15,500
23'/a
12%
J.'i
0
11
*22%
63
0
x
16%
11
11%
12%
*97 Vb
103
15%
23
500
';
35 1
*103Va
109
1,100
11,200
-
%
13%
36%
480
,
34 Va
34%
*41
»:
12%
.
98
*97 Vs
*97
98
'
600
9%
33 Va
97%
42
v
142,400
71
9%
0 30%
97%
34
42 %
12%
-
31%
21%
22 V2
36%
12%
71 Vs
.
33%
; 30%
33%
:
12%
9 Vs
*
9%
33
*13%
>
•
0
*34%
36% 0
*103%
16%
91%
14
0'A 33%
22'A" 00 22
0 *42 h
42%
*13%
109
•46%
54% Jan
see
♦103%
# 15%
lo
Oct
For footnotes
97Va'';
30%
009
33
30
*34%
.
13 %»
100
Feb
May
36%
13%
0
33
33%
21%
em0 *42
series
68%
18
dlr prior
Reliable Stores Corp
u
Reliance Mfg Co common
20
26%
40
*34
0
21%-0
*96
:
Co—
ft
Republic Aviation Corp
Republic Pictures common
6%
90
43
50c
Ren
30%
110
*42
100
Reeves Bros Inc
8
15%
■
0021%
50
96
71
'
7
19%
■). 9
*33-
•33
50
So
5
13% May
*22% Mar 10
9%
22% May
34 : >■/
25
..
9%:0;
12
71%
12%
70%
'
Jan
4% May
3%
30%
preferred
29% Jan
i
8%
32%
30
00: 96
0012?
120'
71% 0
♦71
000
32%
30'A 0
Conv pfd 3Vs% series
Remington-Rand common
*4 50
preferred
98
8%
31%'
common
8
4
14% May 14
5
0-
9 Va
11%
'?
■
9 0t0i- !0
95 Va
2nd
Apr
64% May
Mar 17
*95% Mar
9 f.0 V
11%
72 £U
*70%
v.
30'A
non-com
$1.29
0011%?
:
31%
K%
7
29%
10% Apr 23
22 y« Mar 31
14% Jan
20% May
10 y« Dec
11%
72
95%
1st preferred
(Robt)
:/0:
1, 0 V
non-cum
Real Silk Hosiery
7 % preferred
11%
*71%
100
4%
Rels
:
pfd
Rayonler Inc common
$2 preferred
'
Reading Co common
Nov :
Oct
1
Raybestos Manhattan
22% Feb
•
-
No par
Feb
38%
33
V
Corp of America com_.No par
$3.50 conv 1st preferred—No par
Dec
4
Dec s
May
12% May 14
11
27
22 y2
37 /
11
91
Feb
41
.'0-16% May
9% May
63% Feb
rV 7%
,32
17% May
32% Dec
96;
7% Feb 20
Feb
Jan
28% May 4
0
Feb
80%
•;.':15%
Dec i
1,500
0
59
12%
13%
"47%
48 Vt
3,500
1,600
'
0
6,800
46,900
15,400
•
1
22
(2150)
STOCK
RECORD
NEW YORK STOCK
Saturday
Monday
EXCHANGE
May H
NEW
Range since Jan. 1
Tear 1947
t
I per share
Highest
t per share
Lowest
Highest
per share
I per
share
Dec
68%
Dec
67
Jan
2
134% May 10
Dec
60%
Dec
58
Jan
29
12
Oct
8
Feb
13
11% May 14
Dec
98 % July
79
Feb
18
91
St
Dec
21% Jan
Jan
5
112'/a Jan
8% Feb
114% Mar
10
108
Feb
11%
55%
2 j
15
Jan
25% Mar
5
33
Dec
49%
Jan
39% Mar 10
49
92 ■"
Dec
103%
Sep
90% Feb
27
95
90
Dec
102% July
88 Va Feb
13
93% Apr
May 14
7.
13%
Nov
18%
83%
Dec
98% Mar
81% Feb
20
87
Feb
13% Feb
11
22% May 14
24%
11% May
39% May
Feb
44
58
19
Feb
19%
Nov
15% Feb
10
Dec
35 Va Feb
11,
39 «/2 May
Feb
10%
40% July
31% Feb
5
11
ley®
10 % Apr
29
Feb
16% Feb
Oct
6%
Dec
16%
10 ya May
89
-
19%
19%
19%
19%
109%
109%
109%
109%
11%
11%
11%
11%
'•28
23%
28%
y4
46
93%
*92%
*92 %
93%
14%
87
♦56
86
86
19%
19%
19%
.
57
7%
*63,8
39^8
39%
393a
10%
10% ,•
7%.',./
10%
*6%
7
39
39 %
10%
10%
*7%
7%
7%
11%
H'/a
10%
11
97
96
96 t
33
33%
36%
37%
25%
25%
Servel Ine
31
$4.50
-—1
common..
preferred
'
*96
No par
—
>
19%
,v
.
.,-.7%
.
;
17%
:
97
«il%
,
a
\
18%
1,800
'/
:
2,900
'
;400
39 %
40%
•41,700
11'/4
11 Va
11%
4,900
7%
,
,
7%
8'/a
2,400
16,800
12%
127»
97
97/
97
33%
12
33% >34%
-12%
*96 Va
,
■
-
Apr
30%
Dec
24% May
40%
Oct
30
Feb
11
18
May
33%
Jan
17% Feb
11
70
Dec
82
Feb
68
Feb
25
14 V4
Dec
21%
Feb
12% Mar 16
20%
11%
6% May
4
•
Jan
Apr 23
7% Jan
5
15
44
35% Mar 13
92 % Feb
Oct
150
10
18 .7 Feb
Dec
11
Apr
13
102%
Jun
87
Jan
Dec
35%
Jan
19 % Feb
5
13% Mar
17%
Dec
14% Feb
11
7*5%
Feb
99 Va May
3% May'
5% Oct'
8%
5% Mar
Jan
7
42
54%
Nov
39
Apr
Feb
8
' May 11
4% Apr 16
7
>:
17
*146
—15 ;
—20
10 ¥
/21
.
149%
%
38
29
*
1/64 May 13
40 Va
22 "2
*22%
19%
19%
i
19%
9
20%
& Platinum*.
Common
J.
'
rights
22
July
34%
36% Mar 17
42% Jan
42% Jan
15
29% Jan
Apr-
Feb
Dec
43% Feb
28
;■
Jan
33% Feb
May
57% May
50'/a
77
Feb
58 Va Feb
68
81
Aug
70
May
4% May-
20%
Feb
15
: Mar 10
7%
Feb
4
6
14 %
Jan
5% Mar 16
15
-
23%
Dec
93%
8ep
31% July
16% May
8
24%
Dec
'
Apr 30
$5.50
29% Jan
2
29'
4
20
May
13% May 14
61 y« Mar 17
74
May 14
13% May
18%
Feb
15% Feb
16
45%
Jan
23
29
29% Jan
99
Nov
112%
Feb
98 Va Mar
-
23 % May 14
Nov
Apr
9
23%
Dec
Dec
37% Jan
102
17y2 May
22% Mar
Aug
36%
Feb
82
Jan
2
28% Jan
preferred——.
$4
•>
27,
Standard
May 14
27
May 14
$3.50
:
11
98% Feb
2
Feb
97% Feb
27
109% Feb
2
July
54% Jan
27
70% May 10 r •Standard
37% May
44% July
36% Feb
13
47% Apr 23
63
80
July
69 Va Feb
11
82% Apr 23
31% Aug
24% Feb
27
32% May 11
Mar
Jan v
DecJ'
*102%
16
41
47
Oct
37
May
'•18
Jan
11% Mar
Dec
49
Jan
32% Mar 12
88
Dec
104% Mar
Nov
6
Feb
88
'
39
2
95
Jan
>
2
Apr
92%
103'%
102%
10
4%
convertible preferred
50
/Starrett Co (The) L 8-.
_No par
Sterchi Bros Stores Inc—
1
14% Apr. 5
10
Mar
2
Jan
92'%
103%
79Vi
Feb
May
12
*91%
No par *
9
.Sterling Drug Inc
3%%
preferred
(J P) & Co Inc
33% Apr 23
Stevens
12 Va Feb
11
15% May 14
Oct
13% Feb
27
18 t Jan:
2
21%
Jan
20
8
10% May
17
May
25%
105
July
51
May
Dec
Jan
13% Mar
13
24 Va
May
36
47
Jan
21%
Jun
>
37% Jan
Dec
27%
18%
Dec
Dec
9% Mar
Studebaker Corp
.14
Oct
Feb
.Sun Chemical Corp common——1
f
$4.50 series A preferred——No par
.7
May
26
5
,
6
i
Sun Oil Co
225
19
11
*
72
*711/4
'
23
28.;
23'%
20%
.22%
XOlVik
100%
-i
38
Mar 12
88%
22%
100%
,14% Apr
*30% Feb
*92 >: f, 92%;
103%
<46%
89
27
■'
103
.
93?
>
46 V2
47
46%
47 7'a
19,600
781/4
78%
783i
80 Va
33,400
•31%
31 Va
31%;.
31%
31%
32,400
96%*
>♦96 '
'96%
13% >,
39%' *
'
13%
*42 Va
42 Va
42%
*30'/a
38%
*13 %
13%
;
.
13%
•
94%
*
,32%
13%
35%-
33%
13%
.
*18
,r
3234
33%
14
133/a
16% Jan
19
22
Swift International Ltd
4% Mar 12
6% Jan
8
>
:
•
/
Range since Jan. 1 v
Highest
Lowest
1
;
Symington Gould Corp
13%
37%
10%
14'A
32'/2
17
13'/4
18%
14%
14%
15
26%
26%
27%
974
974
Feb
Jan
20 % Aug
24
>
I per share
-
14%
25%
9%
974
'
H
.99
*97%
y
>
61
25%
/ >
;>
•
119
974
v *97 Va
¥>61
r
61%'
*117%
118%
•
6174
13%
^
33%
34%
>
■?,
16%
17>//'V
>
22
•'
84%
:."'#5%
22'/»
,
*83%
6 Va
86
>
3374
I per share
34
;
>': 22 Va
/
■i
9V4Marl6
3% Feb
10% Jan
>
11
114% Mar 16
4% Jan
5
12
Talcott Inc (James>_„„—
Telautograph Corp__r
•191/4 Apr 22
Tennessee
63% May 13
g
>
Texas Co
Corp
^
¥
5
9
:¥
17% Feb
27
47
Feb
13
25 Va May 8
61
Apr 23
47% Dec
37% Feb
10
56% May 12
6
>
*,
,v
¥10%
24%
220
17%
.'40 %
*■
14
(The)
.Texas Gulf Producing-:
Texas
Pacific
Land
-10%
13
25
>
j
Jan
34% Dec
29
Feb
10
58%
48% May 13
;
Jan
Feb
45% Feb
5
13%
Dec
Texas & Pacific Ry Co
Dec
11
18%
Textron
Dec
Dec
May
45
38
Feb
60%
Feb
14%
Feb
24%-Oct
-
Sep
May
Dec
Feb
13%
Dec
.8*1
Feb
17% Feb
6% Aug
16% Jan
¥ 10
19% Dec
59 Va
9% May
«-
•
10% Feb
59%_ Jan
106— Mar
h'fji...
Mar 11
17% Mar 27
21% May 10
x9% Apr 28
38% May 3
14
.12% Apr
8
•
~
May 11
47 Va Jan
Va Feb
19
6
9
8
9
13 Va Apr 19
23% Jan ' 2
Apr 30
U Va May 10
39% Feb 11
Feb
8
May 12
10 Va Jan
19»
85
15
Mar 16
40 Va
7
15
V8 Jan
46% Jan
10% Jan
8
56
-
May 14
92
Jan
20
Sub
$1.25
•••».
share
Ina
conv
ctfs—
>'
.
>¥
r
*40 Va
common,—/,—:
preferred
—
Thermoid
Co
53
(J
common
R)
Thompson Product!
.
>
-
A%~ preferred—
10%
-
;
>
-
10 %
'
*4 7a
18
1774
v
6274
,62%
*1474
—-
4,300
,
20
i
16 Va
15 Va
22%
22
,
Va
6
6
6%
»
..
•
¥¥/
2474
25 74
60 > /
5374 :■¥ ,'
1 per share
•
■■
177a
,
com—No par
,___100
45
58 V2
58
,17% ¥>
21
60
5574
11%
45
5874
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;
//• 9 per
.
•
21% ;
21%
11%
1174
;! 40
14
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11%
> *
*
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720
.
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874
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42
43
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h
59
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11
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874
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55
54%
54%
95
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1074
1
4074
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48
41
8%
54%
54%
54
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95
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11,900
f
2,300
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.
19,600
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3,100
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40
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8 7a • 'v: f
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300
/
9%
8 72
280
/
15%
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>
874
95
23,700
29,600
107a ¥1174: ¥
10%
¥". *874
%
62%
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8%
2174
,
26.000 -V
¥>'3,300.
6074
1774 >17%:¥>
.
20%
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:
47%
62
'
>
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15% >:>
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10%
11
900
¥
63'/a
55%. >'
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21-
400:
¥ 3,300
54 Vi
21%
834
>
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.
48%>
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23% ¥2474 v>>
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42
627a
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46%
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15
474
1137 a
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r
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17%
>
■
183a
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5974 : ':./■■■ 61
¥4i Vi; 4174
15
2474
Shares
10%
¥ 43a
;■
59%
,
Sales for
the Week
iv¥-, ¥¥/¥'
,¥ .• ¥;. ¥
¥ 10.74
.54
4674
'
.¥••>•: /f:21%
*8V4
*
8,500
Friday
share
2374
24%
1674
/
41V2 >
; *10 Vat
'
10,900
¥¥, 10
May U
::> 6274 * 63'A
5674
;46
":
,
874
4074
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25,500
¥; f per»har$V.
:
Va-.: 5974
55 V»
1474 :>'
8%
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;
.,4,800
674
6%
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63
> > ; 237a
>
10'/4> U
♦4074
4174
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-
1474 '
"1974 «20Va
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*92%
41
r
8%
•„
44
20 Va
*8Va*
55
8%
41
\
•
62 74
1774
Va':
1,000
44
85
;■>
4%
j 17.7 4
58 %
22
.
•
40
>14
*21
' r
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v
17 %
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•
2374
'..*1074 "• 10%
474
'*474
10%
47a
18
¥• 46%
58%
17%-'.,:,
t
¥
25 >
5974
4574
>
17 34
v
21
11%
•
No par
1
15
45%
>■
6274
5374
'
58%
*1074
-
474
2474
.
41
2274
r
May 13 >;
May 12
1874
1,100
5,700
,19
85
■:■
Thursday
Wednesday
;t•'
1074 -'
4 V4
-17% >/•; n is ■'/.
62 v
62% > •
52
/
"•':
5,900
'
SALE PRICES
AND HIGH
>'• *10 ¥
10,000
-
•
1574
„
6%
%
»
24%
>¥>14%
86
*83
86'
*83
•
104,000
3,700
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2274
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-
1074
.
40%
15%
-
?¥
H
¥
218 iVi 218
18
15%
15%
86
$ per share
>¥
474
59%
:
•
60
; ; 53%
->45%-
No par-
$2% div copv preferred
50
Third Avenue Transit Corp—No par
Thomas steel Co (The)
1
Thompson
¥
14%
10 Va
40 74
i
3374 4 34 Va
May 11
t per share
>
474
60
1
:
Thatcher Glass Mfg Co common
5
$2.40 conv preference
—No par
The Fair
13,700
38
,
17% -18%
,
34 Va
Tuesday
May 10
IOVa
;
; 25% '•<
¥ 25
50c
.
;
62 Va
100
15%
62% May 14
18
May 6
12
84,700
118V4 ¥
¥¥ 24%
2474
215,... 218
1774
41
10%
'.
24%
:
'15%,
,
Trust—
15%
41
41
13,200
,
14%
■¥
3774
*1434
6 Va •;* GVa:k
'
>
Monday
May A
*4%
i—
1
Texas Gulf Sulphur
No par
Texas Pacific Coal ds Oil—
10
21%
>
37%
14%
,
'
% per share
58% Nov
Dec
:200
,
61%.
*117
>3374
22%
*83%
-•••--
14 >■
♦217/
.
16%
16
LOW
'
46% May
12%
10,300
>
99
61
117%
3774
24-
4
*14%;
v
14%
37%
10% >10%
•
•
J22%
•
10%:
24
-16% >17% >
40
40 - •■ :>;■'
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41 >■'•';
14 '/a
.
-24% ■ :
218% 220i
/
167'a
6% ;
37.%'
:
10%
*40
Saturday
52% Feb
'•
10,200
:
10
*97%
99
1
117%
:
37%
i4Vi'-,:
37%
103/a'
"
219% >
16%
15%
*82%
EXCHANGE
:>
68% July
Dec
Jan.
; 6.400
15%
16%
100
33 Va
14%
;
.25Va
'
1374
v"'>
10%
23%
219
34
-
22%
si
1
'
407b
167'a
par
No par
i
21%
•,
8,700
14%
'
16%
*14%
-
NEW YORK STOCK
;
99
61
•
60%
♦117%
STOCKS': :>*>•
I per share
Jan
800
»
36
15% ,,16%
*17 Va
18 Vi
•
18
14>*
::
9%
*97%
>
.
13%
10 Va
*33%
/
;Sylvania Elec Prod Inc com—No
preferred
61
119
37%
>
219.
*40
—
$4
9%
99
61
23%
-
16%
•>
36% Jan 27
8
•9%
*97%
117%
13%
101%
25
Jan
9'/b
118
219
5o
24
10%
1,900
94%
141/4
15%
,18,'
i
24%;.25%'/.
'
..
94 Va
*
'
...
15 V.
13% 1 14 V4
,
94%
33
32V2.
•,
18%
t
*93%
v
;;
137a
X35V4
-
300
9,800
.
.
>>'>. 400
39%
1334
36%
39%
131/4
35%
94%
.1334
:
".,;;i5%» 15%
•
33%
13%
38%
:
35%
*931/4
.
>
,43!*J
*42 Va
1
„
14%
13%
•
43
•
96 3 4
*96
96%
96%
13%
13 Va
■
•
*93%
13%: ■>;
23% >25
61
; 23%
25
21
23% May 14
7%
•14,400"
46%
•31-1/4
36%
181/4
V13%
*37 > >37%
^
No part
Superior Steel Corp
87% Jan 12"
14
1,300
78%
321/4
4;*
•
106%
•
78
35%
700
900
.
:7o'/a
69%
70 %/
69%
.
31,800
>;
;95
i
105
104%
'
'
*18
10,200,
89 >
25 Va
93%
93
'
69%
X69»/4
>,
33%. 33%
13%
13%
98%
61
*116%
Sutherland Paper Co,—
•
10
Sweets Co of America (The)—4.16% i
Swift & Co
25
14% May 14
Feb
Highest
*97%
>
*
6
21
May
27%
27. •>
88%
23 V»,
88
>
> 210
.
,
560
' 6,200
3,000
,
233a
■
100%
>23%
*102%
*13-->T3?ir-
15Va -15%
/
; 21V4 ;23'/4
100%
22%
32,000
'
i
43% Jan
27
3% May
13% May
,53% Sep
,
11,700
/
74.,
73
73 r.&$
21% /
:
10
>
900 /
3,100
.
T 13 Va
12%
26% ■{ 27%
21 Va
79%
*96
94%
9%
'
.
29
27%
;;
12%
i 73;/ ■•;■
;
23%
46%
,13
-
36%
23%
9%
%
>>8,800
'28%
27
v28.%f£
12'A
J.
88 */a
31%
•
13%
•
*93'/4
13%
:
8%
72
*69 Vs
1
..2,800
6
BVa
26%
26%
fn"
x26%
:
.70%,
39%" >: *38 Vs
*
35%
18%
'
17 Va Feb
Lowest
*13
33%
1.10c
(The)
Superior Oil of California
May 14
80 % Apr
Year 1947
-
<
60
20%
-"/5%
•.
.1,600
;
'
.12.50
Superheater Co
Range for Previous
I per share
*30
13%
13%
1
;
'Sunshine Mining Co
*
Apr 23
Feb
10%
S'
.
78%'
.
13 Va
39%
.*18-
1,100
;Sunshine Biscuits Inc
24% May 13
1
cum)
.Sunray Oil Corp
8
ll%JMar 31
1
No par
common
Class A pfd (4%%
14% May 14
104 Va Mar
5% May
1
l
70%
f,'46 V4
30%
>101
103%
103%
96%
13%
13%
15 Va :r 15%
^
No par :
(The)_
28
22%
>9293'va':.i.-
••
46%
*95 Va
94%
15
1
38 Vz Jan
11
Mar
Apr
63
117% Jan
2
18% Feb
140
Jan
28l/a
98
11
Mar
14 %
79%
9 Va Feb
,34% Mar
Oct
20%
Mar 17
31
„
Dec
30%
11% Jan
50% Mar 19
24% Feb
May
Stone & Webster.
May 14
27% May 14
4
113% Jan
Jan
160
Mar
94
Oct
12% Sep
Jan
.
•
72
5%
t7% r .7%-/
<
13,600
^,1/|
19%
■
38,900
i.
r: 9 •
Apr
45%
15
6
16»/8 Mar 16
75% Mar
125
17 % May
!:
Feb
109%
32% May
v
8% May
101%
11% Jan
7 15% Feb
10 Va May
114
Feb
Jan
'
7%
f73,800
69
71
.
-
59%
'
=•"
68
.
v
:?y\
9,000
47%
"56
,46
18% A19%
5% ■?-
7%
21 Va
24%
70%
12%
A
*38
Stewart-Warner Corp
5
Btokley-Van Camp Inc common
1 <.
6% prior preferred
1—20 f
.
.18%
*70'/2
■*42
32%
Oct
3
.
.
'
•'
■
68
■•71
*70%
5»/4
•
92
.
23%
.
,791/4
43%
*93%
Feb
Mar
93"
103%
30%
35% 136
19%
17
•/24 "~
24%
45% '*:46;>"
x68
'
f,
1,600
;v^
29%
'
*88
-
78%
96'%
13%
36%
•
'
68
181/4
- 22% /. 23 %
'til 102 »102
>
26% >27% .>•>
*
27
.
.89%.
24% :
"
24%
9
39
28%
'
13% May
>
41
*38%
,27%
271/4
:.x45%- "45%
27% > 2&%'a
46%
12%
*42 %
f ^
100
common,—.
40%
39
,t38%
'
70
:
.30'%
*90
ii
l'\
14% May/
19% Jun
27
29%
,
••' 3%%
preferred series A,
i—100 1
/Standard Steel Spring common
1
15
24 V4
46%
43 % May 11- thi t';-
:
*87
70 V4
11
Apr
26%
.
■
24%
46
40
>;-4o>;
•26% :/27 ■:/'/>
a
No par >
No par
4.900
56%
t
-72 kkk:
*70%
22%:. 23 Va
102 Vi; iWi
.26%
••,.
45,600
■
12% ,;i:'vfel2% ':;. 12%
121/4 '12%
.72
"* Mm %l :72% :'. :1 ;,71% ^72-^t
20% >21%
21%
-20%-Y '21V
,
■50%
.91
24 :
69%
17
-
26%
,*87
>>'•79.;/'
10
97'
-a
>
37
15%
24
■'71
100
A
15%
55 V2
;• i
58,100
l'v
23%
*70
3,400
v
s;
u
43
15%
,
,71%
103'/2
No par
California
39%
*67.
13,000
•1/64
24 •-; ■■•"■
'•
2,100
12,100
ji
A
:
900
,
>
,
kktki?
6%
*40»%
43
56
.
.
106,200
>:
a
40
-
>
4% >; 4%
6% ;:/7,
Va
23%
68'%
2,400 '
Vs':
xl5%
-""A >:•
393/8
.
6,800.
;
'100
99%'
•
,
;
4,200
>
-
20
6%
v
88
19%
-
^
4%
.
'
23%
K
300 V;
v:h. 1,100
24%
»
.
7,900
/'
' 30'A ; 31
33% v-34%.,
,■85'%
55
46%;
-677'a.
.
72
11%
-
25
Feb
•15% Jan
of
:
393/8
27 c::;:;
22%
25
Feb
-
Oil
;■ 43
43
£7
•"23
99%
33»
•
23 Va
20
;
6%
:27ta i .'27%'..
•r*70:vV- .71..: k
\28%>28%
21%
Standard Oil of New Jersey
Standard Oil of Ohio common
11% Feb
:91
34
7%
72
21%
22%
-
Standard Oil of Indiana
a
38
49
..
27%
*71%
com—No par
Inc
preferred
'.I-- $6 prior preferred
>
$7 prior preferred-.—
Feb
17% Feb
Jun
Feb
86
105 7 Jan
10% May
41%
16
11%
;
No par
Brands
cum
63
30%
28%
11%
—
"Standard G 8s E Co $4 pref—Nonpar
125
37
%27%
28%
150,000
.
56%
,
,
•:
I,/
3,400
146 '/2 .149
6%
6%.
*38%
18% ky»18 % V-18%
^.5»/4
-<-7^
»
*70%
72
,
7
'
24 Vi
24
1
23%
55%
45%
5'.
-
v,"..
23
41/4
>15%
•
> 45%
68%
•;/; 71%
118%
.
*T^
*70%
No par
preferred
»5
•
■'M
34Va
99%
>-
15%
40Vi
v
; 23%
24-
A44%
18%
V 4%
■y-r-y)
%
1 ¥
39%
*67%
18%
Kellogg & Sons
1 >
Corp (The)—
—1 *
Spiegel Inc common
—*4.—2 Conv $4.50 preferred
No par
Square D Co.;
5
Squibb (E R) & Sons common
1 >
'v*
9
89
11
*19% Feb
114% Feb
May
89
May^
50% Mar
94
No par
-
15%
*37% "39
■
83
23%
1
—
.
2
Jan 29
104
-45
38%
88 Va
,
,19%
7
*401/4
>'26%
55%
71
Sperry
73
7% Mar 10
Feb
44%
6'/2
34 »/a
30%
33%
*87
t- 23
.
41/4
"■
6%;-
'
26%
23%
12,500
6%
6%
38%
•22%'
100
99%
43
15%
39%
>54
♦68
Spencer
20% Feb
:
7
Jan
54%
common—No par >
,
5
'
23%
54%
.
preferred———100 ¥
non-cum
*40'%
16
26%
.
800
26.400
6%
145%'
19%
>
imAW
6%
.37%,; 39'/a
*23%
No oar
_
Spalding (A G) & Bros. Inc
6
May 14
Sparks Wlthington
.8% May 14 / Spear & Co common
26
26%
—7.50
Natural Gas Co.:
Railway
39%
26%
Mobile & Ohio stock tr ctfs—100
6
27
81
5%
%
*37%
"
200 •■'■:•
4,300
,.
■/.'
31%
■
•24
•29%
"
••
>
;
22%
I ■
52%
Xl9%
.£■>,
.v.'
•
*39%
25
25
Edison—*.
Southern Pacific Co
Southern
6%
"V
*>43;#
15%
•
.1
,
■;
6%,-/
145 %
A
5
'
39%'::
"
£.:i\
Lines
.
14
39% b40%
6 1/4
23%
%/:';>
88%
22%
6%
•—
California
Southern
5 V
Jan
rights
preferred
23 y2 Mar 18
Feb
90%
8%.
Southern
Jan
71
Oct
17%
May
68%
Jan
Feb
:
v
34 Va '
33%
'■AVi
.
*40%
*13
311/4
*38%
r
29%*
*87
4
1
100
22
.
29%
20'%
99 Va
L——J.——50 "
20% May 14
•
May
73
69
73
221/4
,
^
22 3
'0. • 4 %
South Porto Rico Sugar com—No par
;
59% May 14
47% May 14
h
Mar 23
Nov
Jan
24% Jan
11
11
20
'
V
,
6%
30%
24%:/*
—-
Southeastern Greyhound
,9
50V4
34%
V
4.50
■
preferred
Preferred
333 May 12. *
8,
15 ::
37
Mar, 17
725'/a Mar J6
20 y» Feb 27
42% Dec
.
A
1
issued"
"when
Common
5%
ij
/
16% Jan;
28'/a
Dec
■
-
39%
23%
88 V4
20 Va
22%
34
88 VA
223i
88%
22%
M'.-
34
33%
88%
6
'
30%
*145%. 148
147%
29%
*33%
V
12 Va Mar 11
Jan
56 ...» Jan
Nov
27.
22%
•
24%
29%
33%
V
38
-
22Var
82%
?>
;
6%
S
*38
29
♦33%
6Va ;
V
30
r
;
,
14
13%
40%
.6 Va
">-21.%'
*88%
'
147/» May
37% May
146 '/a
•
39%
k
21%
•'21%
29'
■
40%',-.
6%
24%
149%
148
21%
29
13
78
'
24%
'"24%
13%
13
39%
30%
N
38
.28'
24%
30
13%
6 %
6 Va
k
13%
12%
:>>:9,100;
„'>/ 2,700
26
>
*75
-
7,500
39%
25%
;
78
13%
>
40%
■..',,*6%
,
■ij South Carolina E & G Co com.,4.50
s
May 14
" Jan
45
39
23%
6
30%
,,26.;./
25%
*75,
.
38
38
37*/4
78
xl2%
>
.13
.;'.;;40;:-::
6%
6
30%
*75%
•
May 14
.
33
V
.6
6%
31
*38
>
>
8outh Amer Gold
7% Apr 26,
4
No par
/Socony Vacuum Oil Co Inc..——15
)Solvay American Corp 4% pfd_100
100
A May 12
40%
6%
**6
3%%
20% May 10
6% May 12
39%
cumulative preferred—100 *
4 Smith Ss Corona Typewriter—No par
19.
24
12%
26%;
.
13%
.% 13%
12%
Smith (A) <fc Sons Carpet Co com__20
12
24% Jan
11
3% Jan
May 14
13%
12%
,
38'/4
26
; 76%
40%
*30
H
26.
76%
33 %
38
37%
25%
f
32%
33 %
37
-
/78,:v
*76%
13
'
5
33%
12%
13
* :-/S 6
,—1
/:
78
39%
,•
„No par
*—
Skelly Oil Co
/.*
Sloss-Sheffleld Steel" & Iron
Smith (A O) Corp (new)—:
7
35% Jan
Apr
Co—
26
.
* m i27%
*12%
15
*
Simonds Saw & Steel
90
13
23 Va
May
*76%
37%
26
Sinclair Oil Corp_———:—No. par
8
23% May 14
31
30% Mar 17
7 39% Oct
Jan
Simmons
24% May io
11
Feb
No par
No par
—1
Corp of America
-Sheraton
34'/2 May 14
Feb
36%
^Silver King Coalition Mines-'.
6% Apr 24
14
Oil
Shell* Union
5
4% Feb
27% Feb
Dec
23
Dec
8
13
42
Feb
117%
29% May
2
Jan
28
87 Va
Apr 21
15% Jan
9
18 Va
May
78
•
33%
33
;:v.
No par
No par
,
4
11
51
Mar
15
26% May
i
;
Sharon Steel Corp__—
Sharpe Sc Dohme common
$3.50 conv pref series A
i;Shattuck (Frank G)
>,8heaffer (W A) Pen Co
39% May 14
,
5% Mar 17
Feb
9%
May
65
12
28% Feb
41
Apr
14
Feb
Dec
6%
Apr
27% May
39,
Mar
22
35%
Dec
24 Va May
Shamrock Oil A Gss
34% May 14
•
>50
-
'
26 y® Feb
-
2,700
>>;
/
56
6% :•/
40
7%
97
23,500
22%
67'a
39%
11
/
160
.
58
7
;
260
.2,700
86 V2
177a
54%
;
*63«
12
*96
,
11%
11%
*96
17%
56%
240
.
■
57%
A
:• >
v
,
1,800
:
>.?
21
55%
55%
•
/
tp%
21 Va
7.800
54.800
>;J •15%;:
15
,
55%
7%
■
■.' : ;
86%
*85
10'tf
>7%
7 :
•7%
15
39%
*6%
10%
14%
7
;—5
39%
'
17%
17%
56%
10%
92
57
17%.
56
39%
92
92
820
-v
V
94
*91 Va
'
56 %
17%
17 %
57%
5
——1
Jan
55
55%
17'%
56%
/
.49
*93
86% /
19% 4
19%
57
17
56%
7
14%
♦85
20%
16%
No par
8>/a May 14
147a
87
87
19%
49
94
•
92
J
12 Va.
49
5,900
V
-iv
v
317a
94
-
240
-
V
110
/
; 30%
•
,
*47
93%
•91%
.
14%
56'A
Sears Roebuck & Co
16.
'
.
11
30%
*
i
19%
30 a.
57.200
X
110
ll3a
30%;
93%
92 '/a
109%
11 Va
30 U
47
11%
91
19%
19%
109%
v>
:/•>,./
96 >;
•
-
■-
Shares
270
91
11
a
11%'
29%
■*;
1
Co
Seagrave Oorp
22
12% May 14
11
b
/
r
56%
56%
,
r;.
-
93%
'14%
20*%
57
r
,
47
92
14%
•
no -
11%
29,,
*91
11
90
,19%
19%
109%
93%
:
•
93'%
14%
14%
y
'
47
•iv V 28%
93%
19 Vz
,11%.
10%
/',.
%' 130
123
95
95
■
v
the Week
//
«
t per share
132
;
Sales-for
Friday
May 14
-
(
90
11
91
*90
109%
11%
131
-
95%
10%
;
'19 % '■
109%
46%
93%
':
95%
11
,
134
132
>
90
19%
28%
46
93%
-
'
100
10%
89
Seeger Refrigerator Co—
Seiberling Rubber Co
104
20
Feb
94
881/2
90
11 •:/
88%
May 13
I per share
$ per snare
>
■
134
*95
'
10%
12 % Jan
9% Mar 16
Jan
134
100
10%
40% May 14
5% Mar 17
:
Feb
110
Dec
134%
■
100
preferred series A
^
Seaboard Oil Co of Del——No par
Seaboard Finance
6
7% Apr
Mar 25
5
5% May
30 V» May
101.
5%
18% May 14
43%
134%
*95
Seaboard Air Line com v t c__No par
May 14
55
Dec
Mar
17%
23
134
100
•10%
cumulative preferred—100
3.35%
12
Apr
$ per share
128
$3.40 cum preferred
—No par
Scoviil Mfg Co 3.65% cum pfd—100
Scranton Elec Co (The) common—5
9
Jan
15% May 14
13
13% Feb
Jan
Apr 20
.
share
*96
5
100
Safeway Stores common
,—5
5% preferred
100
Savage Arms Corp
—,—5
Schenley Distillers Corp
—1.75
Scott Paper Co common——No par
12'/. May 14
40%
23 % May
preferred
non-cum
St Regis Paper Co common
1st pfd 4.40% series A
May 14
17% Mar 19
26% July
Dec
7% May
i
.
Co—100
100
Louis Southwestern Ry.
95% May 12
Jun
66
t per
Par
t per share
i
Thursday
May 12
May 11
:.
PRICES
Wednesday i
Tuesday
May IO
-•
SALE
•
'
:
HIGH
AND
LOW
STOCKS
Range (or Previous
Lowest
YORK
300
> 2,600
haw. .vr
Volume
THE
Number 4699
167
COMMERCIAL
&
T» t
w4v^* i **
FINANCIAL CHRONICLE
■
NEW
i
Range for Previous
''
■
Range since Jan. 1
Year 1947
Lowest
Lowest
Highest
$ per share
$ per Share
,'"■#■7%
20 ■;
May
Dee
Feb
May
18
94
1% Mar 11
Oct
19% Feb
95% Jan
2
21%
Feb
17
53%
Oct
44
151/2
>
Saturday
5
'29 %
•
Thompson-Starrett
LOW
:
Mar 16
*22
29
$3.50
cum
$3.75
Co
preferred
Tiniken
Detroit
Timken
Roller
Jan
10% Feb
Jan
17
Jan
2
22% Mar 11
Transcont'l
Air
Inc— —5
15% Jail
22
23% Apr
Transue & Williams Steel-
No par
5V4 May
7%
Feb
5% Feb
11
10
112 %
Feb
97% Mar
151/4
Nov
12% Mar 16
38%
Jan
19
99
Dec
12 %
Dec
21 Va
Dec
v.,
X
34% Aug
93
"
Dec
30
:
48
Dec
7
33
Feb
16
36% Jan
Jan
27
96
Nov
:51 %
9% May
171/4
Oct
52
51 %
117'8
12 Va
19%
187/o
19
21
20
207/«
7%
7%
22'%
22%
$1.50
conv
preferred—
$4.50
prior
preferred
Twin City
19
32 % Jan
21
5%
14% Jan
5
Twin
No par
"34
35
—No- par
*97
105
Rap Transit com..No par
conv prior preferred
.50
Coach
Co
6%
*29
__1
*34
35
*97
71.
21V4
22%
21,900
52
53
12%
12V4
123a
12%
13
2,500
13,900
67
-
18%
171/t
18%
17%
19
20%
7%
20
f
20'/4
201/2
21
1,600
8%
10
79,100
73i
101
311,4
100%
101%
300
16%
16%
16%
16%
16 Va
16%
6,400
22%
22%
22%
22%
23%
13,600
35
*341/4
101
35
*97
-341/4
105
34'/4
*97
6%
*6%
6%
6
28%
*27%
11%'
11%
8,400
22 '/4
28%
28%
11%
>/4
101
101
6 Vis
29
8
16%'
97
11%
11%
8
30
11:
'
22%
'
*34»/4
102%
6%
a
360
21%
100%
22
1,300
102
51 %
101 Va
221.8
102
51%
101%
21%
6
102
26,200
52
7%
16%
2
29
101%
102
"4;ioo
27%
23%
21
7%
%
102
3%
25%
29
21%
7%
16
102
3%
24%
28%
20%
12%
18%
*201/4
7%
3%
24%
■
28%
18%
11 %
20*4
161/4
Apr
"3%
3V4
25
-
I2V4
11%
19%
1C2
the Week
$ per share
•;
52
20%
7%
Sales lor
May 14 '
-
share
20%
52
I6V4
7% Jan
24 Va Apr
51 "4
16%
9% Mar 16
Feb
1011%
21 Vi
*101%
;
4
5ya Mar
20'a
.No par
5
92
Feb
101%
21%
19
Truax-Traer
25% Mar 31
Jan
16
101'/4
281/4
*101%
Corp
—No par
20th Century Fox Film com__No par
167/s May 12
23
3Va
24 .
29%
31/8
11%
common..
Friday
May 13
$ per
1
....u —2
Corp
preferred—
$6
27.
Jun
104
#
Jan
Corp_:
Western
&
Tri-Continental
May 14
104% Jan
2
tTransamerica
7
3%
26
28%
101'A
Thursday
"
MaV 12
S pet share
26 f
51%
Nov
Wednesday
;•
29%
.
21
No par
SALE PRICES
HIGH
$ per share
# 24%
29
21%
22%
11
23
1011/2
20 %
13% Jan
23»/4
29 %
21 VB
Bearing—,
.j. j]),)i'i;-
'
3 Va
101%
May
27
•'•2%
3
—5
Axle:
14
■■■
2%
AND
Tuesday
May 11
/'■
;. ■<
$ per share
-No par
—-
10% May
13% May
#
Sper share
Tide Water Associated Oil com— ..10
May 10
May 6
.# 22% May 14
53% Jan
9
/
May 8
com—No par
preferred,-;
No par
103
Mar 17
Monday f
May 10
g 'j
RECORD
#
-
STOCK
Par
6
27 % Jan
13
Feb
15% May
40% May
4 % Jan
19% Mar 16
25%
108%
"
YORK
STOCK
EXCHANGE
$ per share
Sper share
Feb
39V2
3% May
STOCKS
0-
NEW
Highest
YORK
35
103
400
*97
%
28%
28
11%
11%
100 VB
7
7 Vs
6%
28%
11%
27V4
29
11%
1,800
12%
390
6,500
A
12
Dec
15% July
431/2 May
58'/a
15%
9% Apr
Feb
91/8 May
-
Jan
37%
27% Feb
93 % Jan
22
115
Feb
9
6
11
27
Apr
Dec
,
Apr
97%
30
164%
Dec
Nov
111
Feb
38%
May
/
16% May
;
Jan
91
f: 86
102
i
Dec
'
1:15%
Dec
75
Dec
*
■
"
2
Jan
19
189
96% Mar 18
,31% Jan
Dec
227/a Feb
110 -' Sep
28 % Apr
16
10
6
;-1 24% Nov
22
Jan
v
llVi Mar 16
28% Jun
f .35
Jan
■>
Dec &
3%
50
r.
*
,>2%
>41
83
Dec .7
"
Dec
■■#■■
Dec
'
27% Feb* 20 /
Nov ;
29
Jan
'
4%
Dec
Jan
20
Dec
12% May
11
13,
Feb
Jan
61% Mar 17
16% Feb
13
59% July
% Jan
48#' Feb
27
Oil,of California
25
*
preferred
non-cum
Lines Ind
Air
cumulative
Board
56% Jan" 12
30%
36'/a
36%
35%
36%'
119
120'%
119%
108%
109
f
9%
9%
9%
54%
55%
56
57V4
141/4
14 V4
14 Vs
14'/4
35%
35%
35%
36%
120'%
119%
120'/4
109
108'A
108'A 1
;
7
Gas
■
87 Va
87 «/2
v
20
####■
#.#-,
V#..'#>
44 %
77
■
fl-i
L
3 Vs
78
18%- #18%
32..
#
-
22
28%
16%
-
78
i
x20%
21
3,400
13%
14%
9,200
34
34
*31
32
•
##
100
31,100
49%'
3%
45%
50%
500
:###
•
~
3%
*"
45
-
.
76%
.76%
V
7%
3 %
45%
7%
95,200
5,100
1
7% "
77%
;•
4,300
"
78
80
23
23V4
22%
23%
41%
41%*'
4i«/2'
42
#55%
55%
55%
56%
21%
217/a
21%
217/b
21%
19
19%
19
19%
191/4
#/
2,700
4V4
45%
7'/4
23%'#
#: *41 #•# ■41%#;
19%
17,700
500
4P
3%
500
'
88
4% /
44%
23,900
17%
:
7 Va
22 Vb
55%
'21%
:
/#
3,600
*86
'32
47%
3 Ve
45
##
•; *74 •.
#
13%
34
3%
46%
2,800
109'%
20%
13%
55»/a
,
3,200
„
56%
22
,
'"•/
1,400
15,900
r
v##:
3,200
•
19%
48,100
•
'-#
15% May
23%
<91/
Dec
# 12%
May#
66
May•#
C Dec
107%
.
171
i 13%
Dec
37
Dec
/
Jan
# 16% Jan
9 Vs
35
'
Dec
401/4
92% Feb
11
170% Feb
{. .24*A 24%
Foreign .Securities—.i.No par
1st preferred!—'-r_#i..No par
{ *94%
95%
Freignt Cd__#—i—
>
No par
*20Va
20%
105% Jan' 12 # U S Gypsum po common__i——20
101
101
177 Va May
7%
6 •
preferred—100 : '*176 # 179
17% May 14-/ U S Hoffman Machine Corp——__5
13%.. #13%
6
•
11% Mar
Feb
9 ?
7
Oct
U
S
24%
U
7#
8% Jan
Mar 16
AVa7o
;
9
42% Jan
5 V2 Mar 15
Oct
Apr
U S
Jan " ' 5;
36#
X 39
Dec
i
f 39 % Feb
# Feb
73
;4
49
Jan
21% Jan
Jan
16
2
9Va Apr
S
preferred———1—.100
Industrial Chemicals
Leather
Co
50% Apr
'•lass A
7
25% Feb 14
6
38% Feb
Feb
preferred
U S Pipe & Foundry—uU S Playing Card Co
33% May 14
94
Feb
11
May
U
7##;
137% Jan
S
Plywood
3%%
cum
U S Rubber
48% May 14
125% Mar 19 v
#
13
#
8%
*38
:#v 179
'#;/
„10!
*——20
—
##.48
10 i
—
A$2
*
Corp common—#l!*1
prd series A—'100.
Co
non-ctim
common
——
#
19
9%>
6Va
32%
';##
31%
94
#
93
44%
#"
44
37%
>
179
130
#
52%
54
32 Va
"8% >
49
#-
44%
9'A
49'
.
32%
44%
45%
►128%
44% / 45%
130
37%
39
1,600
■"
'
■
6%
31
6Vs
3,800
31
700
19'%
*8 Va
9i%
48%
49i%
49
54
93
18,000
300
2,000
•
*53% #54 ..:
#,
A 32%
129%
—■
9,600
140
32'A
#•••
*92'%
46%
45% ? 46%
130
# *128%
—
9'A
*92%
6,400
17'A
191/0
8%
32
•
93
90
4,300
102 V8
74
6%
■:
26,200
;
19 VA
*52'/a
32%
*92%
24'
180
16%
30%
.#/ 49
54
*52%
A
29%
97% ##
#,#•■ 73'/2
37%
.19
•%■:
*177
76
30%
18Va #19%##
*92% #93
128
128
19V4
100 V2
16% ••■#
■■
6% V
6%
30
20%
180
'•
15%
■##' #>72
37%
37%
v 6'A.
x29
#*8%# 9»/a
48%
49
32% ^
93
1#
44 Va
#
:#
1
*177
.fl
■:
101 Vi
72
.
37%
:
6 Va
99
27%
*95»/2
■■
20%
15%'#
1538
30
97
20%
101'/4 #;
-
72
.
*95
V
A##' "•"'•
27
25%
\
20% >.'»
*176
#
37%
18%
8'%
'
{32%
16
70
#:; 6%
*291/4
•
## 48% # 48% #
##>52% 54
•#48/##
.#*127%
179
15'/4
>70
19%
•
8%
# # 52 ■#"•
>
*176
100
#«
26
96%
20%-
.
301'/a
28%
.
#'28%/
*93
lo
1st preferred——100
6%'
#'
-
19 ;#
'
25'%
-
'
6%
#'8%
:
1
*95V'2
20%
100
•
2flf
*'.
19
#"!#
14r #
\4Va*~'.
#*69% #70
##/:
38
V ■ 37%
/ 39
*6%
%
.
101
•'; *176
69%
.•/*28%
8 Lines Co common-—___i
4% %
28
53 Va Feb
;
13
# U
69%
No par
—No par
.No par
common
Partid & cohv
20
87'
-v
•103% July
60% Feb
165
9
7% Mar 30
46% Oct
•
'
17% Mar
#100
*
May 14
20%
'
20%
.
25% #26
95
# 95.#
20%/
# #-' 95%
■
!
96-
25 Va
24%
$4.50
Jan- 12
May 14
74
33% Feb 24
26
v.
'
>•
69% May
Feb
10
-
Dec
127%
Feb
14*
29% May
U S &
'
Dec
92
24
9%
-# 23% May
,
-•97
11
X r 39% NOV,
Dec r'.
i
20
53%
May :•••
46%
Feb
15% Feb
94
;
5% May
( 25%
89
196% Mar;;
33 % Jan
Dec
71'/a
-
H
Oct
20%
16% Feb
Jan
106
;
*
»
Oct
"'
1,100
38'4
*109
'
86%
20%
3% >'
44 Va
41%
,>••18%
3%.
189
101%
•28
86%
#
—
46,500
37%
173s s
*31
31%
'
101%
16%
-
— —
[i'
182 Vs
'
108 Va '
33'/4
#./.■ 7
22%.
55Va
*
#21% #2i%r#
13%
33%
,3 Va
;#
44 V8
41%
55%
-
21%
20%
'##46'/2
22%
41% #■41%/#'#;
55
553/4
'
47
#s' a >75
18%
.1
.18%
##
3%
90
38%
108 Va
87'A
;
#•■
270
96'%
31
27% #28%
'
17%
32
32 -
44%
23%
28% */
109 »/4
13%'
33%
67a #' 7Va
77 #..
23%
■
162
2,800
108'%
*83 'A
101
r
/ 3..'# #
#. #
.
181
x38'4
20
13 1/8
107%
3,600
12,200
18,000
*94
'
101
38%,'
87V4
:
341/4
7..-.
V
180
3,400
■
124
31%
17%.
■'
201/4'
46%
3%
#.
31
10
120
90
28%
#
9%
96'/2
*89'A
lOOVa
108 V2
x
,
12%
3%# "# ■■;#:" 3%
47
■•'■
34
: >: #*30%
32
3
41% v
20
13
.••#:6%--.
'
#..#
34
>:#: 44%
Z/i
23 Va
'
## 21%
.1#
88
##X 3%
•#:# 46 ' -
60
55%
par
com
17%
3 Ve'
45
/■;/ 22%
Co—tl3Va
Improvement
•19%'May 12/ United Merch & Mfrs Inc
29
110
17%
;# *30%
£ TV*
*41
27%
*109 V»
17%
19%
48
78%
38V4
179%
29%
*94
31%
100%
38%
34
•3%
45
180
100%
38%
Xl2%
32
;
v
178%
100%
38
88
#
96%
30%
.»
'
,
89 7%
1005/a
109 Va
13
'#3% #
.•
,
31%
'•
179V4
20
48 '
31 Va
,
291/4
33%
3%-.
*89
17%
89
*30%
*94
90
109%
17%
.
96 %
*89
32%
371%
4#
*94
■;
90
178
#
:
*108'A
96 Va
!#*100%
111
33%.
•
5
—*
13
#
.
108 V4
31 Va
37%
'*88
; 20 V
.
Corp.*—10
108'/4
*94
178%
17%
120'/4
'*89
100%#
:,*109%
No par
Carton
&
119
-29% ,?29%
,
#'
preferred—^100
Fruit'Co——No
United
2" '
36%
32
37 Va
Engineering & Foundry*-—5
# United
i'-iv 35%
90 :#v
178%
10
common*
preference——
United
14%
96%
"
■100%
United Dyewood Corp qommon.*—1
T/o * preferred
*100
United Electric. Coal Cos—
5
22
#22% Feb *.
$3
55
14%
1C8'2
#
United Corp common.
fe
10
54Va
143s
36%
*89
100
*
Cig-Whelan Stores corn..30c
$3.50 cohvertible preferred
#100
>
9%
547a
141/4
119%
.
v.cii————————No par
United
24% Apr 29
% Apr 30^
13% Mar 16
/
United
43
10
20% Feb
19% Feb:,
.
No par
United Carbon Co—No par
United-Carr Fastener Corp.—No par
3 Va May 14
45% May 14:
7% Apr 23
82% Apr
;
37% Jan 21
# .24
-
•
—No par
United Biscuit Co
#
9%
54'/4
14 3a
108 Va
«94' •
ser_.No-par
series
series
2
Mar 23
10Va
54%
141/4
119V4
$3.70
Jan/. 5.K
55*
4% Feb 26
.
44%
May 10
No par
$3.50
4 % %
10
54
141/8
'
■,\ 36
Preferred
United
4% May 14' #
'2% Feb
#11% May
19% Oct
A 33/ May # A 43% Jan/
v
342.
40
:
Feb
95
8
Carbon
5
Jan
35
5
Mar
46
Jaa
10%
Feb
3
53% Mar/
1
65 %
Dec.
-
8'A Feb
Dec
5%
z
33%
——.No par
United Aircraft Corp common*.
5
5%
convertible preferred!
—100
29
#15% Jan
'
X 26%
Jan
&
14
Preferred
UXU1.&
30
22
Carbide
4%
10 "4
54»/4
10%
53%
Union Pacific RR Co common—ilOO
.
19% Apr
2
96 % Mar 22
12
19/
1
:
16
% Apr
110
6
Jan
77% Jan
Apr
Union
Of>ripr,
Un El Co of Mo pfd $4.50
May 14
30% Apr
«.
/
101% May 14
38% May 11
26
105% Jan
120%
; 18% Sep
152
:
Feb
25 V8
-
I
■
.«k.„
Union
32% May 10
Sep
Jun
i
Corp
No par
Union Asbestos & Rubber Co—u—5
124
Jan
106
106%
104
Corp '(The).
Underwood
36% May 11
21% Feb
Mar
Dec
Dec
120
Udyllte
2
May 14
109% May
4
92 Va Apr
1
90
Jan 24
85
;
Jan
57y4 May 14
14% Apr 28
11
110% July
Dec
Oct
91'/a
20
12
30
Mar 16
9% Mar 16
—
251/a May
89'A Jan
105
45
130
129%
:■#
33% "
93
100
5,400
10
#
48%
17,700
130
500
'
'
:
38% Mar
51% July
41% Jan
6
>
67 *: Dec
81
Feb
66 V* Jan
7
61% May
80
Dec,
150
Mar'
133
Dec
:
*17%
Nov
23
j 38
Dec
J
Jan
5
Jan
8
12%
17% Feb
38
OctFeb
Dec
5 Va
Dec
10%
Dec
52
Feb
May
22
8% Feb
-
Feb
■}, 16
#->,4% May
20
11%
Dec
13%
Dec
66%
Dec
>
-f>
*
#
4
Feb
150
Feb
Feb
10% Mar
56Feb
•.V■■
U S Smelting Ref & Min com"—..50
preferred
——.50
,
14
f.t# 7%
U S Steel Corp
1%
9
/ U
8
$
##
53%
55
69
70
'#''' 75»/4
76'A'
76'/4
77%
137V4
1371/4
#: 1371/4
137V4
137%
*18'/2
S Tobacco Co com.#..No par
18%
;
■:#
*18%
V
■•
#
55
55V4
70
69
77%
77%
#
76%
138
# 18%
-18%#
54%
•68%
-
138
137%
11
/United
97 Va Jan
13
'
23
6
#
/ May 11
£ 15% Mar
42%
*41%
18%
42
-•/
42
*42
A
Leaf
;
v#
#
170
■■■
<•
5
H##
r
6%
*42
13%
13%
68%
17%
6 '#•
68 #:##
6G#
600
57,400
138%
2,300
18%
2,000
42%
20
1,000
12'A
12,100
*93
5
15,400
30%
18
18
6
7
6
20%
169
*166
13%
14
14
*67%
#68 ■;"#
97%
4%
30%
20%
69
*166
200
'
500
23,200
20%
1,200
169
'
*671/4
#20
•
14%
6,100
69
100
AND HIGH SALE PRICES
'
Wednesday
; ;■##:;##■■ May 12
' #:
#'# I per share
# $ per share
Thursday
.
' May 11
I per share
'
20V4
13%
x68
5 %
17%
#5%
167
5 %
30
17%
20%
13%
.
*
4%
6
167
13%
Tuesday
■#•"#>
May 10 ^
$ per share
5,600
80'
11%
,
,
97%
4%
*29
18 Va
,
20 'A
13%
12%
*93
5%
20V4
168
#
201/4
LOW
A
May R
7'/4"
11%
#
30%
*17%
■
168
A#f#Mohdajr's
Saturday
>'.##
*42
5%
97%,#
4%
43/8
*29%
#
•#"#'
I
'# *94'/4
4®a
13 Va
i
97 Va
17%
175
13%
*67 Va
18%
42V2
5%
5%.:
12 Va'.
11%
30%
201/4
*168
.
;
/'>'•
*29%:
'
7Va
#75'A
11%
*94 :#
■# 41/4
' ■"v
;;
30%
*20Va
"
.11%
# :'.;18-#,:#
*67%
'
"
# *17
201/4
*166
STOCK
EXCHANGE
'#
*20
preferred—,U—
NEW YORK
96%
4%
30 »/4
■'
#18
6% #: 7%
Tobacco com.No par
####,# STOCKS
Highest:f$
'H I per share
/
*93,"
30%
5%;
5%
11%
5 V4''
28%
*17
1
11%
137%
18%
18 Va
42%
56%
69
77%
138
137%
'18%
18%
#/■■■
56
*68
77%"
■
5%
5V4
11%
96 Va
*5%
v.*
8%« preferred—;
-V' #:.• ':#>;• X*
per share
##
Universal Pictures Co Inc comtt___l
31
Z May 11' ##-; 4%%
68
#*94%
;
Universal Laboratories Inc
Universal
*5%#
50
Universal-Cvclops Steel Corp...
2
V
2d pfd—5
cum conv preferred..;
8
Jan
168
4 1
non-c
1
•
# 4%
24
# 7% May
24
Lowest' #:
#*41% #42%'
;25
Corp—
$6 conv preferred—
..No par
United Wall Paper Inc common—_2
21
Jan
18% Apr
17
#
5
5% Jan
#34
Stockyards
United Stores $4.20
12 Va May 14
29
13
preferred—
non-cura
56 •-*
'69
'
6
'# Range since Jan. 1#
% per share
54'/a
70
75%
71
75
—100
—
5^%'
70
#
#54
-
common.—..No par
preferred
7%
7
May
5% Jan
*:#'<V%•
,,#/
Highest
54
*70
——...
'
42
Mar 16
19
Range for Previous
Year 1947. ■##
6 per share
Feb
May
19% Jan
2#
Mar 13
16
-91% Feb
Lowest
10
3% Mar 17
Mar
29%
Jan
30
Dec
192
'
93
-
Feb
23%
Dec
163%
-
109% Jun
21
140% Jan
4% Mar 16
Jan
*33%
>•
Jan
*
Apr
80 #
129% Mar 16
Feb
8%
96%
...
;
67% Mar 17
48% Feb
I'
4
,
56% May 14
*7.72
Sales for
Friday
May 13
the Week
May 14
$ per share
f per share
:•#• Shares
21%
4,000
'
'
22
13% May
,114% Dec
Feb
14% Feb JO
-
U
22
Nov
85%
-
Nov
35% May
85
94%
50%
t
1
Apr
16
Van
Norman Co.
26
Jan
23
Van
Raalte
14%
29%
Jan
10
Vertientes-Camaguey Sugar Co_.6%
13
13%
Jan
6
Vick Chemical Co——
24%
24%
10%
112
May
Nov
Feb
-
86
Dec
31% Dec
i 31
Oct
i
30
121
Feb
-o45>
Feb
'/•
#30
Aug
40
•
Feb
33%
Oct
2
7
109
'■?;
18
Jan
6
Jan
-
10
29
19
Apr 15
Vicks Shreve & Pacific Ry com..100
23
3%%
38 Va
34 Va
.
May
$5
*95
No par
com
preferred—.
97
121/4
12%
116
■# 116
*17%
100
*114
pfdv.-w.25
Virginian Ry Co common.-—.25
*38
# 115
•
7%
cumulative
preferred
*29%
t,
♦21
39'/4
*30
-20
;# !#< ■
*•'
A
.;
37%-
#
33
;#### 37%
30 %
—
33 7/e
.
.
.
L# 21%
33%
.
##.
#
•
■
•
# ;
V'
13%
Apr
#
75% Feb
v
Apr
i
17% Jan
#
36% Feb
29% Apr
'100
Dec
;
109
*17% May
X .,7% May
10% Dec
Jan
13%
Feb
:i
88%
Dec
19%
Dec
12
''
;. 21.
Feb
106% Mar
■V 18%
May
'<"■
D"e~C
'»
Feb
36% Nov
Mar 15
Feb
A
17% May
20
-
23%
Sep
30
27
Dec
Mar 17
8% Feb
Feb
Feb
41
Feb
Waldorf System—
11
Mar 12
RR
4%%
preferred
—
190
—No par
#•62
-
33% Apr
16
103% Jan
22
V 25% May 14
'
Walgreen
Co common——No par
#r 4%
preferred.!——.*
—
100
"Walker (Hiram) G & W—...Nopar
„
Walworth Co
11% May 14
14% May 14
r.
Jan
5
Ward Baking Co common,.*——.1
Warner
91
5% %
preferred
*
10
20% Jan / 5
'
17% Feb
■/
32"»
5
17
16
Mar 16
Jan
1
<2
—
—100
103e
Pictures.—.
24
»■.
#, *131/4..
'••■•
26
.
May 13
19 Va May 14
*
21 % Jan
2
30% Jan
3
2
•
'
32%
#
13%
5
-
•
102
32%
.
*25V4
*18 Vs
*17%
25%
'
-23%
23 Ve >24
28%
"
18% "•
f.
1
18 V#
:
*114
21%
21 >8
*21
38 Va
37
!
33%
*33«/4
A/-#'#
97
#:'
,12%
18,LOO
120
800
18'A
13,000
115
^■21%
40
#-v
,
170
600
37
34
;
37
37
v
30
30
*30
-»■:
30%
•
*30
-
50
3,300
371/2
33Vs
'
,
30
39%
#
300
.,
1,000
110
.
# ■#
—
'l#'
£■
']
■
■■
•:,##'A#
7
63%
*62 '
■■#•'# # *14%
•
62%
15
#;■:■•# 15 A
62%
,;f v
14V8
14%
32
*62
15
■
31Vs
32
300
"63
::-V->■>••
32%
v#
*17%
25 Vs
;# #,
13»/4
/# 85%
/
28%
29%',#
32"
26%.
.
.
13%
-
86
.
31%.
,
14%
'
32%
26
18 Va
18 %
.#
261/4
*18
18%
.
.
18%
:
31%-
'
#: 26^«
12%
'*31
26
-
32%
600
V
25'/2
#
>
60
11,500
14Vs
13%
18%
26 Vs
.
34,000
-
31%.
34%
-191/4
4,800
;
X
26%
800
1,400
-
I8V4
26%
-
:
16,700
26 Vs
18 Va
•
290
12%
18
*
9,900 T
85 3>
32%
18%
18%
12,900 *•
"11%
*25%
26%
.
'
26%'
14%
*85
.
"12%
32%
257/a
86
'
12
.#31
11
11
lOVs
12%
30 Va
24%
.
IO2V2
1,500
'
13%
85%,
*101%
.23% : 24% #■
,
12' "
X32
102
:■'# :#;# 25%
32% /'
25%
.
.
x31%
X102
10% '11
12 V4
-17% ' ;i8
/;.;,
24
23%
13%
,
••,"-'♦18%
18V4
25%
*
102
102
85%
12
25%
#
18%
*18Vb
#
11
•
26
•
•,
"
32% >^*
32%
13%,
-
-
11 VB"
*28%
32
33
26 > # # *251/4
18%
12'%
*116
'
115 VA
*•
*29%
30'/a
85
86 VA
#
24
10%'
13%
##86 "#
# 11%
25%
,
.
-32%.: 32%
•#>-*101 ■•## 102
'
•
Washington Gas Light Co
No par
Waukesha Motor Co_*1
—
5
Wayne Knitting Mills.:
1ft
# Wayne Furap Co—1
12%
18%
,#
95
30
*30
-■->:
10% # 10%
131/4
'
87%
11% # 12 '
28%
28%
15
*95 Vi
~
92
43V4
'
32
•101
'
'
10%
>*86%
1
J
*
#.,.24% Apr
A' 14%
#
23%
Warren Foundry & Pipe—*-No par
Warren Petroleum Corp new com..3
34% May 14
■
Bros
32
•101
!—No par
——
13% Apr
*
»31%
■
;/
•
42'/4
37%.# # *36%
,
'*29%
62%
14%
*
10
25% Feb
63%-
*62
«14% 1
A *62
63%
: 14%
14%
'
'
z
Wabash
8
lO'/a Mar 12
: x83 v«
'•# 10% Feb
Jan
26%
2
66
29
20% Feb
19%
Jan
#15% Jan
11
*30
/'Xl-8%
'
v
14
100% Apr
July
24%
?
•
*
60% Apr > 6
##
*36%
•#
!
*114
*93
'#;•
118
17%
#
At;
V; 67
*90
95'
12%
X*/-XX-£.^'7r: _,!>*.?
^'- "
2,300
97
; z 337/«:
37
24%
•###; #*95'A
37
*33
##>
30%
*30
30%
"
t
37% #•'
"30
24'/4
42
21%
#'# 37
38%
4,200
41%
115V4
200
13 '/4
:
>
1,100
T3'/a
92
*90
##■;.'•A *93
17%
14'/a
25'%
24%
241/4
12%
#•114
*25
131/4
,■■•.:-
117 *#■'# *115%
17%
21%##
30
.
97
*95'/4
12%
12%
"## # 116
38
...
13
.
42
118
115Va
37%.
•30
30%
<
:
93
###"14%
25
25
■#!#
92
•
21%
■•
14%
•#
24'%
41
21%
20%
## 14%
•
•131. -8
•
*90
17%
30%
A
#'
*
*33V4
;#■ '
30%
97
.
*21
.
;•■
.
93
115%
21%
.■
A#
17%
;;
:##: *38
37%
r
•
##! 117
17%
115
-•
98
£
%
i4'/2
24%
*24%
,
'
41
12 Va
12%
119
115
;
-
—...,*95
38%
;;
37%
—
■
97
17%
92
•
40%
40%
118
##"-
*33% #33%
; *
13
*92
21%
6%- preferred.*.—-l—25
Visking Corp <The)
...5
Vulcan Detinning Co common——20
3
5
*99
12%
f
'
14%'-
# X24%
93
40%
#•'#/'•
#24%
24%
98 ;#-
'## *95 -#
17%
25
21
20%
# :#
13 Ve
*92
407/s
21%
>#
####'13%' #13 %
13%
♦90
i
1
# 14
*24%
.
24% #24%.
:
95
*40%
preferred—.100
14
24
;# 13'#.#
■
20%
14.-.#.
.
:
##; x24
93
■
Va Iron Coal & Coke 4%
26
32% Jan
•
5
div partic preferred.——100
Virginia Elec & Pwr Co com—No par
8
39 % Apr
cumulative
—.100
#«■ 6%
May 11
32% Jan
-
#
preferred
Va-Carolina Chemical
7
May 10
21% May
•
non-cum
##/14##.;
14
*90
*92
Victor Chemical Works common
# 18% May 14
#115% May 11
10
Feb
32
28% Feb
<
—2.50
20
20
19%
,
>24'% "24%
#• 5%
:
12% May
7
30% Feb
#
.—10
new..,
14
2
21
May
#119
35% Mar 30
Jan
•
38
33% Nov
i
Feb
93
#
11
Inc
*19%
■•
6
86
•
13
Feb
Co
S
par
.2.50
96% Apr
21
Feb
14% Jan
'
?
-
.
47% Jan
Feb
,
93
V
;
3
7Va Mar 16
Nov
Oct
Dec
Mar
87% Feb
.
V
34%
2
37% Mar 10
;16%
107% Deo
16
86
#
Nov
<
15
22
Nov
104% May
5Vs May
69
-
Jan
/■v94
Dec
.14
Feb
39
Dec
Vanadium Corp of America—No
Apr
13
12% Jan
#
20% Jan
12% May
26%
'84
18% Feb
12% Feb
21% Feb
y
,
--
<
800
:
600
'
'
5% Dee
07% Jan
83% May
21% May
"
12% Jan
5
Feb
10
52% Nov
39
Feb
11
51
90
80% Feb
13
86 Va Jan
6V2 Apr
'
34%
Feb
Jan
19% Mar
3
.
Webster Tobacco
13
'May 12
24% Jan
-
2
9
;
Inc.
6
Wes&on Gll As Snowdr com*—No par
$4 conv preferred..*—No par
West Indies Sugar Cbrp
——I
5%
."
A A.I
*47Vf
47 Va
82%
82%
23%
24V4
5%
5%.. J
5V2
5%
47%
5%
481/4
49
49%
82 %
82%
82%
83
24% '.*##"
24
24%
•
-
--
"
"24%.
-~
*5.%
49%
*82
23%
.
A
5%.
51
/■;..
82%
#
24 Vs
•
s%
5%
49% ••50V4.
83
24
5%
Vs
5%
49%
51
83
,
82%
24%
83
23 V2
24%
.
■
2,400>
8,700
330
#'- 9,500
###
24
(2152)
THE
COMMERCIAL
NEW
Tear 1947
Range since Jan. 1
<
Highest
'
FINANCIAL
YORK
CHRONICLE
STOCK
"
Lowest
NEW
Saturday
Monday
May 10
Highest
EXCHANGE
,
May 8
;
PRICES
SALE
AND HIGH
LOW
STOCK
YORK
Monday, May 17, 1948
RECORD
STACKS
Range for Previous
lowest
&
Tnesday
Wednesday
May 11
May 18
,
Friday
Sale* for
May 14
the Week
Thursday
May 13
''
I per share
.
Dee
Nov
121%
103%
Dec
112%
109% Apr 21
117% Jan 13
Class A
Apr 15
108% Jan 23
6%
105% Feb
Jan
106 Mi
Dec
116 V* Aug
Dec
18% May 14
103% Mar 29
Jan
109
13
104% Mar 16
117% Mar
112 Mi
"32%Miy
f per thare
13% Feb
109
f per thare
110% Jan
I perthare
47
xl 13%
113
11
16% Apr 20
38% Feb 14
Oct
Jan
10%
Jan
100% Feb
6% Jan
75%
Jan
34% Feb
14
9%
4
2
Dec
32% Dec
22% Mar 12
42%
28% Feb
69
90
Mar
64
26%
Sep
18% Feb
8% Jan 29
44% Jan
7% Mar 17
9% May
29% Dec
May
Dec
17
May
27% May
22% May
Feb
10
14% May
7
36
6
May
35% Apr 24
11
Mar
5
72% Jan
11
15
32% Feb
13
24% May 10
38% Apr 26
31
Dec
25% Feb
11
31% May 14
Dec
88
105
Aug
85% Feb
11
106% July
91% Feb
11
55
Jan
29% Feb
16
95% Apr 23
100% May 4
35% Apr 20
43%
Dec
94%
Dec
30
Nov
26
May
38%
Oct
West
Penn
1%
Elec
Co
(The) -JNo par
17%
No par
*108%
Coal
Va
pfd
17%
18
17%
18%
f perthare
18
*108
109
108
108%
*117 '
117%
105%
105%
*105
107
105%
105%
105%
105%
11C
*16%
*108
117
110
110
110
110%
110%
*110%
111%
•
109%
*117
/•;
.117%
*117
18%
*108
108%
117
107
*105%
18%
108
108
Shares
S per share
18 %
18
109
*109%
Coke
A
17%
I per share
t per share
116%
5
West Penn Power 4%%
I per share
17%
116
100
100
100
preferred
preferred
West
I per thare
117%
48,200
70
108%
116%
117
210
*106
107
40
*110%
111%
17
16%
16%
16%
16%
16%
16%
16%
16%
16%
46
46%
46%
47%
46%
47%
46%
46%
47%
48%
105%
105%
360
17
4G%
2,600
•
48% May 14
106
Apr 19
25
9% May
38% May
6
17% Apr 23
Par
*46
West Va Pulp A Paper com__No par
4%%
preferred
♦105 *•'
100
Western Air Lines Inc
,
106
>105
-
*105
106
106
1
7%
7%
7%
7%
7%
40%
40%
40%
41%
40%
41%
14%
13%
14%
35%
32%
34
Auto
Western
Pacific
Preferred
RR
series
13%
13%
*34
33%
100
"68%
70%
*68%
23%
23%
A
_12%
Westinghouse Air Brake
Westinghouse Electric com
3%% cum pfd series A
3.80%
cum
pfd series B
Elec
34%
33%
Western Union Teleg class A_No par
Weston
14%
34%
No par
com
23
38%
38%
28%
No par
28%
»Q4
100
100
*100%
*33%
34
71
24%
•D
13%
13%
13%
32%
33
34%
1,900
34
34
34%
33%
35
2,400
71
*70
72
70%
71
23%
23%
23%
24 %
37%
37"%
I
;
23%
x37%
37%
37%
38%
28
94%
*93%
94%
*93%
94%
100 %
100%
100%
100%
100%
33%
33%
33%
14,400
37 %
300
16,800
38%
10,700
30 %
29%
31%
59,000
94 %
94%
20
100%
100%
100 %
100%
700
34%
,34%
34%
34%
400
41%
1,100
29%
*33
14%
*33
94%
34%
ce-
33%
28%
28%
13%
'
23%
28%
V-* O O
5,200
3,600
32%
37
35
8%
42
13%
28
100%
v
20
107
-•
7%
41
*69
v-'r
24%
37%
*106
7%
40%
34
71
23%
-
41
31%
.
>
34
*69
34%
106
7%
x4Q %
'
40%
;
*94
qe;
12.50
Instrument
34
106
7%
7%
7%
Supply Co
10
Western Maryland Ry com——100
4% non-cum 2nd pfd
100
Western
4,100
29%
*94
Westvaco Chlorine Prod-
82%
Dec
62% Mar
34% Feb
76
7
43% Jan
85
Jan
5
93% May 13
80
102% July
Jan
5
Dec
100
2
May
7
"
31
May
90
Dec
53%
Oct
37
Mar 16
48
101% Mar
83
Mar 18
92
.
May 14
Jan
6
Common
No par
33%
preferred
No par
A L Erie Ry com
100
Wheeling Steel Corp com
No par
*93%
$3.75
$5
26% May
19% May
Feb
23
Feb
20
27% Jan
7
prior pref
No
White Dental Mfg (The S S)
29%
Feb
19
Feb
11
23% Jan
5
White
Motor
9% May
17%
Feb
9% Feb
27
18% May 10
White
Sewing
84
34
July
90
29% May
6% May
34
•
Feb
12%
Dec
Feb
90
Feb
6
107
27% Feb
26
29
Feb
11
9
6% May
81% Sep
10% May
64%
Oct
51
17
Oct
12% Feb
88%
Dec
99
Jan
16
Jun
20
19%
Dec
19
138
Oct
31% Dec
43
May
13%
Feb
8
-
9
$4
10% May 14
Willys-Overland
84.50 conv
15
Mar 30
19
Jan
8
Feb
17% Jan
9
Wisconsin
145% May
126
Mar 19
28
Feb
xl38
5
43% Feb
11
Jan
13
20% Apr
$4.25
Motor*
Dec
Deo
100
Feb
83
Dec
80
Feb
58
8S
Nov
70% Mar
•
May
Apr
46%
48
88
87%
88%
89
89
89
89
89 %
89%
25
25
21%
21%
21%
21%
21%
23%
16 %
17%
17%
17%
17%
18
*25
25
25
21%
21%
21%
21%
18
18%
17%
17%
106%
6%
El
Jan
18% Feb
8
Mar
Mar 23
Co
15%
*29
*
i:
15J/a
9
9%
9%
60%
62
61 '/a
62
16
15%
16
15%
16%
Xl5%
87
*83
87
83%
83%
84%
84 %
'84 Va
86
*15%
16
15%
15%
*15%
15%
15%
15%
16
15%
10
15%
*132
100
10
*32
16
16
16
15%
15%
15%
♦132
135%
32%
<
45%
-
132
135%
32%
3
Tale
1;
46%
20%
23%
15% Feb
21
21% May 14
83
Oct
65 % Feb
27
18
81% May 14
21%
Feb
14% Mar 16
18% May 14
19% Feb
26% May 14
6% Apr 27
Zonlte
May
Oct
Mfg Co.
-31
*29%
29%
12%
12%
.80
*40
41%
No par
No par
*19
19%
19%
75%
17%
No par
29
-
♦Bid
y
25
July
10%
Jan
11
5% Mar 16
and asked prices;
no
sales
this
cn
Ex-rights.
day.
Zenith Radio Corp
Products Corp.
fin receivership,
a
-Na par
n
italic letters in
Range for Previous
Year 1947
Lowest
Highest
the
column headed
"Interest
Pericd"
.
*25
•?
77%
17%
17%
Indicate
NEW
vv
106:6
Feb
108 21
Feb
105.28 Mar 10
105.28 Mar 10
112.6
Feb
107.20 Mar 10
108.14 May
Feb
104.24
106.13 July
Dec
114.8
104.12
May
Feb
in
each
Feb"
102.22 7»b
2
7
101.11 Jan
101.27
104.18
100.24 Mar 13
100.29 Jan
101.24
104.4
Jan
Dec
104.10
101.24 Dec
104.15
103.20
Apr
—
Dec
105.17 Jun
105.17
103.19
Apr
101.7
100.8
Dec
Dec
105.18
102.24
May
100
Dec
102.24 May
Jan
100
101.12 Dec
102.4
July
102.12
2
100.14 Apr
16
102.6
102.23
6
100.16 May 14
■-
Mar
Mar
4
100.4
May
1100.2
Feb
2
3
11
Apr
May
101.10 Apr
1
.
101.13 Mar 22
Apr
101.30 Dec
102.25 Apr
102.30 Apr
101.23 Dec
<
100.26 Apr
7
Sep
Sep
102.13 Apr
•■{
28
Mar 12
100.8
100
.
__
100.23 Jan
102.6
■:i
7
Jun
100.7
;
2
May
Apr
101
103.1
103.2
Jan
101.23 July
103.4
July
101.14
Apr 16
101.16 Jan 20
Apr.
100.30 Apr
101.2
101.8
Apr
101.15
MayTT '?
101.15 May 11
Jan
100.20 Oct
Treasury
Treasury
Treasury
Treasury
Treasury
case
the
month
79%
18
5%
24%
100.16 Apr
May 8
';/
14
100.16 Apr
14
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
.Treasury
Treasury
Treasury
Treasury
Treasury
High
*64
610
40
300
66
9%
10%
29%
29%
30%
13%
•13%
9%
29%
29
12%
12%
12%
41%
-'40 ]/4
41%
41%:
41%
19%
19%
201/2
20%
21%
X78 %
79%
79 %
79%
79%
81%
17%
17%
17%
18
18%
25%
25%
25%
25%
25%
5%
5%
5%
5%
5%
.19%.
9%
3,200
/
;T
14
5%
5.800
7,100
>
100
"i iW 3,900
r:; 19.300
f
i i?.
5,'JOO
r
Cash sale,
s
Special Sales,
wd When
26%
w
distributed,
Exchange
5,300
6
x
3,200
;
Ex-dividends.
:
YEARLY
bonds
more
mature.
32d
of
Monday
May 10
High
Low
a
;.n
range,
unless they are
sales in computing
transactions at
the only
the range for the year.;
z
.
point.
Tuesday
/
<•
Wednesday
May 12
May II
Low
High
Low
High
,
Thursday
/
May 13
Low
Sales far
Friday
the Week
May 14
High
Bonds (f)
Low
High
1949-1952
*103.10
103.14
♦103.10
103.14
*103.10
103.14
*105.26
105.30
*105.26
105.30
*105.26
105.30
*105.27
105.31
*105.28
106
♦106.2
106.6
*108.16 108.20-
♦108.16
108.20
*108.18
108.22
*108.18
108.22
*108.24
108.28
*108.28
109
2%S—
..—1951-1954
2 %s—„—_1956-1959
*104.26
*104.26
104.30
*104.26
104.30
*104.26
104.30
*104.26
104-30
*104.30
105.2
♦108.30 109.2
*109.2
109.6
*109.2
109.6
*109.8
109.12
*109.12
109.16
109.12
*109.8
1958-1963
*109
104.30
i; 109.4
*103.10
103.14
*103.10
103.14
*103.10
103.14
*109.6
109.10
*109.6
109.10
*109.8
109.12
*109.14
109.18
*109.20
♦109.12
109.16
*109.12
109.16
*109.14
109.18
*109.14
109.18
*109.24
109.28
*109.28
*100.17
100.19
*100.17
100.19
*100.17
100.19
*100.17
100.19
*100.17
100.19
*100.17
100.19
—1949-1953
*102.9
102.13
*102.9
102.13
*102.9
102.13
*102.9
102.13
*102.9
102.13
*102.10
102.14
—1950-1952
*103.9
103.13
*103.9
103.13
*103-9
103.13
*103.9
103.13
*103.9
103.13
*103.10
1952-1954
*103.12
103.14
*103.12
103.14
*103.11
103.13
*103.11
103.13
*103.16
103.18
*103.19
103.21
.—1956-1958
*103.29
103.31
*103.29
103.31
*103.30
104
*104
104.2
*104.11
104.13
*104.15
104.17
.—1962-1967
*101.14
101.16
*101.14
101.16
*101.16
101.18
*101.18
101.20
*101.27
101.29
*102
102.2
1963-1968
*101.3
101.5
*101.3
101.5
*101.4
101.6
*101.5
101.7
*101.13
101.15
1964-1969
*100.27
100.29
*100.27
100.29
*100.27
100.29
*100.27
100.29
*101
101.2
100.28
—
.—Jun
_Dec
2%s—_
2%s
2%S—
2%S—
2 %s—
2%S—
2 Vis.—_
2%s
1964- 1969
103.14
*101.17
;
101.19
*101.4
101.6
*101.3
101.5
*100.26
100.28
100.28
*100.26
100.28
*100.26
*100.31
101.1
*100.24
100.26
*100.24
100.26
*100.25
100.27
*100.25
100.27
*100.30
101
*101.2
101.4
1971
*100.21
100.23
*100.21
100.23
*100.21
100.23
*100.21
100.23
*100.27
100.29
*100.31
101.1
_Jun
1967- 1972
*100.10
100.12
*100.10
100.12
*100.10
100.12
*100.10
100.12
*100.14
100.16
*100.16
100.18
_Sep
1967- 1972
101.31
*101.30
102
*102
102.2
*102.12
102.14
*102.16
102.18
_Dec
1967- 1972
*100.10 100.12
*100.10
100.12
*100.10
100.12
*100.10
100.12
*100.14
100.16
100.16
1951- 1953
*103.22
103.26
*103.22
103.26
*103.22
103.26
*103.22
103.26
*103.25
103.29
*103.27
103.31
.——.1952- 1955
*102.11
102.13
*102.11
102.13
*102.11
102.13
*102.11
102.13
*102.16
102.18
*102.19
102.21
—1965- 1970
1966
.—:
2 Vis——
,
110
1948
,
109.24
.—1960-1965
2%s—u
2%s
2 %'&
2%s——
2%s„_.
Treasury 2%S—
Treasury 2%s—_
Treasury
Treasury
Treasury
Treasury
Low
£ 65%
3s-,^————1951-1955
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
or
Saturday
STOCK
3 %s——
one
the
*64
-••••, 80
80
29%
*40
25 '"V
*5 %
'v
:
Penn.-Central Airlines Corp.
when
73%
2%s—_1955-1960
Treasury 2%s
Treasury 2%s——
101.11 Jan
Apr
YORK
EXCHANGE
Treasury 2%s_
Z
102.22
104.24 July
104.23 Feb
101.26 Dec
7
108,16
July
104.14 Sep
Dec
24%
5%
5%
78%
V
24%
.
*76
;
93%
10
19%
;c;v is
;
76
88%
/17%
41%
77%
'
25,200'
25%-:
23%
'76
76
88%
87%
';
X9%
r-
12%
75
25% V
65
29%
19%
WEEKLY::;-
'
Highest
111.23
May
65
10'%
*40
19%
Name changed from
GOVERNMENT BONDS
Range since Jan. 1
Lowest
104.25 Sep
106.4
Dec
104.12
78
12%
A:
75%-
Figures after decimal point represent
114.8
*76
for Income and defaulted bonds. Cash and deferred delivery sales are disregarded In the week's
onteide of the regular weekly range are shown in a footnote In the week to which they occur. No account is taken of sucn
^Ut?n<7.
Tha
Dec
23%
*75
87
New York Stock
«»
FRIDAY
108.16
23
75%
87
rLC68 ar? ,"ftnd interest"—except
tha
Sep
106.13 July
22%
75
r,V 29%
12%
41%
18
'5%
Deferred delivery.'
Bond Record
21%
7
*64%. 65%
10
29%
12%
*40
/-
14% May
8% Jun
21%
79
preferred.
Young Spring A Wire
Youngstown Sheet A Tube
Youngstown Steel Deor
-•
r
.
3,300
*76
common
135%
.10,300
79
cum
132
135%
8,300
33%
*76
10%
16%
46%
76
10
200
900
16
v
32%
76
10%
16 *
*16
:. 45%
No par
10
4,200
86
46 %
87
,
*85
68,200
29,600
46%
% 45%
64
16%
32%
'75
63%
10%
65
15%
32%
86
64
*132
10%
64
45%
75
*63%
135%
10%
,63%
32%
21
43% Jan
Corn
>132
G2
46%
86
21%
'
9%
9%
9,800
32
76
34% Jan
St Towne
9%
80
400
.
45%
21
10% Feb 27
38% Mar 13
17%
32%
*85%
27% Feb 21
4%%
21%
135J/2
32%
32%
45%
45%
15%
*75
Feb
29
16
16%
*84
9%
75
Jan
York
200
7,000
103
16%
16 %
'
86
80% Mar
19
150
15,o00
29
:
16%
61%
75
16%
May 14
\
-
101
29
9%
86
45
14
23
*25
105
15
100
37% Dec
14% May
83% May
15%
61%
series—.100
33% Aug
10% May
*28%
15%
9%
series
4
10% May
*101
29%
15%
15
10
conv
15%
<
106
*28
<
29
61%
No par
pfd 4%%
Prior pfd 4%%
*103
106
29
15%
29%
15%
9%
(new)
Wright Aeronautical
Wrigley (Wm) Jr (Del).
Wyandotte Worsted Co.
13
25%
14%
preferred
Prior
67% Jan
*25
60%
common
New
83
5
60% Mar 19
(.
l
(F W) Co
4
25%
*103 Vs
107
106
29
15%
10
Pwr Co
107
29
5
No par
Iron
93% May 14
20
9,400
46%
No par
No par
preferred
Woodward
81% Feb
74% May 5
81
Feb 16
94%
60
103
45 %
18%
com
com
Woolworth
25% May 14
14
78
93 %
>100%
46%
Worthington P & M (Del)—
•3
41%
93%
93%
44%
No par
pfd series A
33% May 14
3
42
1C3
45%
22
20
48
Apr
*87%
93%
*100%
44%
25%
Wilson-Jones Co
15
Feb
88
*40%
94%
105
44%
16%
-
Nov
Dec
*87 i
41%
*93 %
*100%
105
22
Co
Nov
53
43%
40%
93 Va
93%
*100%
1
preference
Oil
81% Mar 25
35
44
*25%
*
20
com
preference
conv
Prior
Wilson A Co Inc
10
44
40%
40%
41%
94
105.
'
May 14
16% May 14
88% Jan 21
11
*33%
*93%
*100Vi
,
1
Machine
Wilcox
65
par
Co
May 6
17% May 14
6% Mar 17
Mar
May
conv
39%
94
100
100
Wheeling
*101.26
101.28
*100.26
*101.29
■
100.16
1954- 1956
*105.6
105.10
*105.6
105.10
*105.6
105.10
*105.6
105.10
*105.10
105.14
*105.12
*102.7
102.9
*102.8
102.10
♦102.9
102.11
*102.11
102.13
*102.21 102.23
*102.26
*100.3
100.5
*100.3
100.5
100.3
5,000
102.28
100.4
-
105.16
-1956- 1959
...
2 Vis
■,
2Vis_
.—Jun
1959-1962
*100.2
100.4
*100.2
2%s_
Dec
1959-1962
*100.2
10O.4
*100.2
100.4
*100.3
100.5
*100.3
100.5
2s—
Dec
1948-1950
*100.21
100.23
*100.21
100.23
*100.21
100.23
*100.21
100.23
100.3
*100 10
100.12
*100.8
100.10
*100.10
100.12
*100.21
100.23
*100.21
100.23
100.31
*100.30
2S
.t—Jun
1949-1951
*100.28
100.30
*100.28
100.30
*100.28
100.30
*100.28
100.30
2s„.
—Sep
1949-1951
♦101.L
101.3
*101.1
101.3
*101.1
101.3
*101.1
101.3
*101.2
101.4
*101.3
101.5
2s_„
Dec
1949-1951
*101.?
101.17
♦101.5
101.7
*101.5
101.7
*101.5
101.7
*101.6
101.8*.
*101.7
101.9
*101.8
101.10
*101.8
101.10
*101.8
101.10
*101.8
101.10
*101.10
101.12
*101.12
5,000
101.14
2s
Mar 1950-1952
2s
—Sep
*100.29
101
1950-1952
*101.11
101.13
*101.11
101.13
*101.11
101.13
*101.11
101.13
*101.13
101.15
*101.16
——1951-1953
*101.15
101.17
*101.15
101.17
*101.15
101.17
*101.15
101.17
*101-21
101.23
*101.25
101.27
—-—.-1951-1955
2s
2s_
*101.15
101.17
*101.15
101.17
*101.15
101.17
*101.15
101.17
*101.20
101.22
*101.23
101.25
101.15
101.18
—Jun
1952-1954
*101.15 101.17
*101.15
101.17
101.15
*101.15
101.17
*101.21
101-23
*101.25
101.27
—Dec
1952-1954
*101.15
101,17
*101.15
101.17
*101.15
101.17
*101.15
101.17
*101.21
101.23
*101.25
101.27
1953-1955
*103.24
103.28
*103.24
103.28
*103.24
103.28
*103.24
103.28
*103.28
104
*104
104.4
1948
2s
2s
2s
*100.3
100.4
*100.3
100.4
*100.3
100.4
*100.3
100.4
*100.3
100.4
*100.3
100.4
1950
♦100.10
100.12
*100.10
100.12
♦100.10
100.12
*100.9
100.11
*100.14
100.16
'100.15
100.17
*98.22
98.28
15.000
99.17
99 28
99.22
99.24
127,000
—
l%s
l%s—»
—-
5,000
International Bank for
Reconstruction
98
Dec
102,
09
Dec
103.4
July
July
•Bid and nsked price.
94.10 Jan
15
98.11 Apr 26
10-year 2%s
94.14 Jan
15
99.22 May 14
25-year 3s_—
No sales transacted this day.
a Odd
&
Development
1957
—
—
lot transaction,
r
1972
98.10
99.5
99.12
98.10
98.6
98.6
99-7
99.16
99.15
99.15
Registered bond transaction.
f-
rrv
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4699
Volume 167
■:
Stock Exchange
New York
Sold
Bid A Asked
York
New
100%
107
10311
63
10414 105 Vi
105 Va
1980
Stock
,3% Corporate
Registered
5'As—
4'As
_
(Republic of) —
External gold
Issue—
Transit Unification
107
External gold
Salvador
El
•
4s extl
3s extl s f $
AEstonia
French
(Republic of)
Low
83
■
Rang* Slnoe
Jauary I
Sold
No.
High
80%
,
Bonds
%
83 Va
Low
75
High
68
95
■
„
72 y8
73%
63ya
67'A
66%
68
48'A
48'A
5
44'A
48%
41
41
3
38
41
•—
F-A
A-O
20
101
104
—
66%
J-J
J-J
J-J
j-j
1967
1949
7s
Republic extl 7s
or Friday'.
Bid A Asked
,
''
J-J
Jan 1,1976
__Jan 1, 1976
Jan 1,1976
f $_
s
3%s extl s f $—
Week'. Range
L»»t
Sale Price
,
1942
1955
1962
6s—
SADenmark 20-year extl
City
York
New
Friday
h
Period
Exchange
Stock
High
Low
No.
High
Low
Lnterwrt
BONDS
Range Since
January 1
Bonds
Friday's
or
Last
,
Sale Price
Period
,
Week's Ranee
Friday
Interest
;;
BONDS
•
MAY 14
FOR WEEK ENDED
RANGE
*
RECORD
BOND
YORK
NEW
'
■
.
27
-
59
90
46
•
; 54%
82
10
V'
5868
"
'
" M-S
*101%
—
__
Greek Government—
paid-—
—
A6s part paid
_
Helsingfors (City) ext 6'As_Irish Free State extl s f 5s
1964
1968
1960
1960
M-N
(Republic) extl s f l-3s
Italian Credit Consortium for
Public Works 1% to 3 7e
Foreign Securities
1977
J-J
1977
1947
J-J
Italian
Wertheim & Co.
Telephone
Municipal
Foreign Govt. &
A-O
M-S
External
s
f
s
f
l—.
6s_____
External
7s_.
(U
i A Brazil
I
3%s
.A
3%s
'.v.'£m3%8
3%s
5.
nili
mi
20
21—-—
3%s
?
3%8
:
3%s
1
61
49
37%
49'A
59
50
62%
•44'/a
—
59
45'A
37%
50 Va
62%
37%
49%
:"1■
44
31
y.-'
58 V*
59
58
73 yy ffVy:
°59
>
/Ja
•58 VA
•58 VA
60 *•
..
... «
NM MM
I
J-D
J-D
.
23—_—
_______
.
"
J-D
J-D
"W—
54%
^
55
50
57%
56%
48
;/-y
58 Va
•
54%
:
54%
i 48
52%
ACarlsbad
assented
A6s
6s—
A6s assented
A—
ARy external s f 6s—
assented.
AExternal sinking fund
.
Feb 1961
Jan 1961
ACbile
6s„
1957
A6%s assented
A 6s
assented
A7s
Cons
assented
AChinese
Colombia
_1961
—
18%
23%
'vTM
24
•'
!?
22%
22%
19%
23 Va
21%
23 y4
18%
24
20
23%
.
23%. HI
4
23
24
1
r
1951
'
1928—
A 6s
of
1927—
Jan
—
Copenhagen (City) 5s„—__
25-year gold 4%S—
ACosta Rica
(Rep of)
7s
(Republic of)
j-j
1947
c
'
' Wa
;
■
M-N
~
1949
1977
J-D
Stamped assented (int reduced
1960
to 6%) extended to
..^For lootnotes jsee page-28.
•',17%,
y
50
42
45
41%
44
44
58
82
63 '/a
61%
64
14
53%
•
'
lM- 'V
:
'
13%
18
•102%
102%
•
:
V
'
—•
97/a
■
'
«.
—
101 Va
113%
118
108 Va
110
133% 114y«
.•68'/a
60
•50
55
—-
110%
53
89.
•68 VB
.'•*
9%
8%
•
17
17
••
,
'
.y;-: A'.1 ~S
9
9
9%
5%
•
,
8% y
8Va
yy
-':-v
13 v",
-y: 11%
13
33
y
•25%
v
J-D
•28
-,
•
J-J
" A-O
;
•30
24
33
r4
/ 26
V
33
-
34%
24%
27%
26%
31%
18
27%
34%
26
37%;
26%
27%
27
31
22
24%
32
34
^
~7
31%
22%
—
27
y f 32
31
31%
31%
__
y
43
24 va
•24%
A-O
F-A
;/
30
'•
33
27
■
•30
y j-j
9%
6%
10
.
13
7
8
23
'Vv
y
5
.,
•37%
__
__
•25 Va
A-O
30
"
V
:y
35
•30
__
J-D v
A-O
M-N
1
33
29
*32
24%
29
~5
26
26
41
•25%
35%
*30
39
—
external
lASecured 8 f 7s—
Stamped pursuant
(Int
i»i
,
v
22
25
27%
34
41
40
M-S
34'A
•25
J-J
J-J
*
*
32 Vb
r
73
A-O
35%
•88
90
32
32 Vs
*"26%
A-'
A-O
A-O
1978
For
FIRM
"
73
26
89;
67
73 'A
35%
83%
*
76
Financial Institution*
'
•■V-
SECURITIESA.
TRADING
MARKETS
r-ABL MAMS i
FOREIGN
110
35
50 Broad
Telephone HAnover
"j
•
—•28'%
J-J.,
>
—.—*—1940,
to Plan A
reduced to 3.5%)
31-
29
29
__
J-J
J-J
Plan A
(Int reduced to 2.25%)
2004
A68 extl dollar loan
——1968
'\ j<
Stamped pursuant to Plan A
(Int reduced to 2%)
2012
'
,
,,
36
Plan A
(Int reduced to 2.5%)—^—1999
extl water loan—
■_—1956
29
,35%
25%
25
'
27;
31:y
18
33%
" X
•
M-N
J-J
1950
—.
33
33
■;/ ■■■"; c
*35
__
25
24
—
*24%
(City of) 6'As——__—__1952
Paulo (City) 8s_
1952
Plan A
2.375%)
■>—•>:-
:
25
33
•24
J-D
1967
___
•22%
■
__
,.:-
P.O. I»c.
'-.in'
a;
SECURITIES SPECIALISTS
102 5)
100
•110
__
;
J-D
.
yy
•100% 101%
-1
•17
J-J
>:
79
A-O
it]
■'
...
_
"7%
'
,
■■"
41%
42
20
113%
17%
15 va
T
"
J-J
v
FOREIGN
70%
'
A-O
municipal loan
-
75
38
yi
1
15%
17%
15%
14%
•9
A-O
y A-O
> A-O
A-O
73%
69%
•14%
17
14%
45
23
70
__
14%
81
15%
w
23 VA
70
.
42
14
15%
'23%
"■
•38
J-J
A-O
•Al'/a
A-O
15%
23%. &
42%
71 %
40%
ser____1961
1950
y
15'/a
15%
fund gold 8s
27
y/V
23%
:a
70
71%
F-A
4'/aS external debt
'
*
39%
,•
X--t
'
•
M-N
M-S
External loan 4Vis—
_1953
Sinking fund 5Vis
A Czechoslovakia (Rep of) 8s ser A.1951
1952
ASinking fund" 8s "series B_,
8,#;v'V y
16
40
A-O
/ J-D
5s of 1914 ——1949
18
,
~4
f-a
.
1953
1951
"5
J-D
7s
32
•:
■
__
15 Va
1960
1940
1958
1947
1968
32
22
:
24
18
>
•71%
M-N
1947
____1952
■
38
106
23%
19
1
23%
24
18
8
'
23%"
19%
1
23%
23
233/a
.
J
18%
5
10
23%
•26
Stamped pursuant to
18
>,
•23
'
m-s
a-o
.
1946
7s of 1927—
"V;
23%
i
23
J-D
1961' *
20
23%
'
A-o
,
1970
sf$ bonds
fAColombia Mtge Bank 6'As__
SASinking fund 7s of 1926—
a
■
23%' sm-i;
,
; m-s
Oct 1961
of
M-N
24
23%
23
i'
r;
:% a
m-n
.
!
24
y;;
-
A78
20%
23%
23
f
M-S
M-S
,
95
80%
102
ttm
37
r-—
M-N
24
18%
J-
s
Stamped pursuant to
20%
i
-•
—2008
1959
05
80%
~2
'•
M-N
A8s
i.
17
■
•23%
A-O
——————
24
23 '/a
;,»23%
..V
J-D
' V
1960
Munic 7s"
1 jASinking fund
v'.
■;
102
•23
M-S
2001
24'/a
'
•23%
,.
..
A-O
.
1
1962
(Hukuang Ry) 5s_
(Republic of)—
3s external
20%
•23 %
■;
j-D:-;y;y:
—1961
1962
A 6s
Cuba
J-D
_1961.
——
assented
A Chilean
10
23% .24
W
—
^>ink fund 6s__
AGuaranteed sink fund 6s__
A 6s
24%
23 %
"
1961
82
106
(
'
24
•22%
—
J-D
Bank 6'As__
.—1—__ —11957 f!i
93
17
1
,
24%
18%
mm-J
'
assented
AGuaranteed
18%
19 VA
23 Va
,
l&Q-iii '''
M-N
v
;
24 Vi
•
M-N
-
21
'
1963
25
24
'
I A-O
_1962
24
-
30
;y24;;yyyy.
23 VB
loan
(Int reduced to
23 Va
'
ASinking fund 6%S—
y
23'/a
.
24
A-O
92
69
:,.y;
'
A6%s extl secured s f___
—1957
N
Stamped pursuant to Plan A
(Int reduced to 2%)__
2012
lASan Paulo (State) 8s—
1936
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:
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(2154)
THE
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**
...
CHRONICLE
Monday, May 17,
•
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NEW
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t§ ADul So Shore & Atl
gold 5s_i__1937
East Tenn Va & Ga Div
•
5834
101%
98%
Aa/ A
YZZYZ
97
*55'/a
56' V
4134 r 42%
^
J-J
* J-J
//-1970
Duquesne Light Co 2%s_-(
/.
tarn.
100
/ 90%
/J-D
-
28
101/" 101%
101%
M-N
2018
I
«
V';
■
107
YZ%U3'
95 Vo
95%
9934
99 '/a
102% 102%
99%
102%
'
series
\>
'iV--
__
107% 1073a
°9638
9o
3-J
3V8s_:—__i__1977
series
•
10134
51' v'
A
."'"Z
103% 104
>io4y8
M-S
"
A—May • 1 2042
Light 3s_._i__1973
series H
:•
106
.Z 96'%
-
;
100%
•
/ 107
104
27
-
95
'
54% 55 •' •;
100% 1003i
54%
106%
J-D
:
'
'A;v i
__
i-*
'10034
* M-N
,1972
ser
division:'.
2%s
Mack
Elgin Joliet
'
AAA
92
103%
96%
38
98%
71
63
98
-
48
100 %
102 y4
103%
"99%
102%
12
97
i
A-O
37
102%
"
"•
110
/
105,
105 Va
M-S"
ser'
D____*_l
Western
3V2S
ref
25 ya
82
95%
59 Va
77%'.'
101
•
;
,
ref 3s
55 y4
F-A
:A'X
92%
<
82
67
106% 106%
A-O
B..Y_^I_1977;:
Income mtge i3Ve fixed
■'
l'/e>
contingent int>._„_„A_1993
&
61%
F-A
-.78
•
.•/
.
J-J
ser
contingent int)
'/Denver & Salt Lake—
&
49
102% 102 Vi
102% 103
r9134
r
;Z' ZZyi'Z/Z/Z
>101
' F-A
gold____>>—^-,^-1952
4-6S
Gen
67
A
•
^98 -.,100
-J,.,';
104%
Z; Z;
•
• •
109-A;"A
-
T,
C___.A_1„1973
mtge due—i__1993
Gen
53%
102%
J-J
754
lst
9%
9%
53%
A-O
M-N
63%
RR
58%
59
Q-J
F-A
12
:i
:
78
"
52
25%
14
♦
100% 100%
>101%
A.
F-A
'•
Y-/
3%sl___-1965
(4V2
•
—
79
3934
21
25 Va
•••-'
Denver & Rio Grande West
RR—
"
lst mtge ser A
(3fr fixed :
I
i:
1%, contingent int) _A
.,.1993
; Y A Income mtge ser A
100
218
J-J
Corp
Power St
lst mtge & coll tr
67%
•
*68y8
ZA/Z
•••
•Y
: Zv
*
107
v;y82-:Y-v
Va
'/;
{
A-
■
104% 104%
'M-S
L-4—-4ZZ197T
ref
4%s_Z4Z-1951
3%s
A-;,rA_»_1961
series
Delaware
102%'
78%
9
3s
Morris & Essex
r
96
__
9%
8%
ref
( A Income
108%
58%
»
&
•v;Ust-& ref M
82%
57
J-D
4s_r„.._1955
Co—
ref mtge-2%s
ref mtge 2%s
&
*.N
112%
58%
9'/a
99'/4
'
*90%
A-O
•
Delaware Si Hudson 4s
extendedi__19t>3
Delaware, Lack & West RR Co—
112%
107'%
18
9 Va
Cigar
3'/4s_t__1970
Dayton Pr & Lt lst mtge
23/4s__d_1975
lst
mortgage 3s5
;a*-iZ'il978
Dayton Union RV 3V4s ser
BA.i_.i065
Deere & Co 2%s debs
-u-i—1965
103%
111%
107
106%
93-ZZ 100
;
U
';i \
■
D
<
110%
106%
76%
9
102 Va-
••
*
A
108% 109%
108'% 109%
78
M-N
100--'.
102
vr-
67
164%
104%"
103.C*10534
/;3:Y-
p 96
76
•
102%
.Z
9-;
-••> •
•.
96
58%
5
2W
so y
.
102
88'%
105
F-A
A-O
101%
3
100
■f/Z
•
88 '/a
•
;. '•• 74
*99'/2--:__
77
r-$ 7
J-J
78
-
64%
66%
*80 %
A-O
For footnotes see
page 28.
21
30
'
1959
Banking Co
(partial redemption)—1942
Paper & Fibre deb 3s___1965
5
o
3
100
J-D
RR
27
238
102
F-A
Power 3s
11
95 Vo
65%
,Z
59
104%
»95%>96
;'Z
;---v.
,
YAAA/
82
J-D
V>
1948
ADeposit receipts ___Z^
A7'%s ser A deposit
rcts„_L_v__1946
A6s ser B
deposit rcts___/.l_.__1946
99%
99'%
21
107% 107 V2
M-S
J-D
Q-J
&
ACuba
96%
93 Va
99
109
112V4
107% 107%
94%
A-O
'•58 stamp
Cfiampion
3
112
107%
•
fACentral
13
109
F-A
1974
Pacific lst ref
gtd gold 4s_1949
1st & ref series A
(4V*% to Aug 1
1949)-^
1974
1st mtge 3%s ser
B—
1968
—
112% 112%
J-J
^—1987
<
114%
108 >4 108%
108%
M-S
1948
89"
92%
114
F-A
■
86%
95%
*100% 105%
102% 103 %
J-D
1965
102
91%
27
92
7
*99% 104 ,Z
103%
198i
53
105'/a 105 y8
114 Va
5s—^._1987
registered
19
64%
*100
1959
B
C
60%
'
8
^
100%
102 ; '
C
...
98'/2
J-J
'
■
•
104%
100
2;
A.
A),-YrAV./,/;
a--.'
yZ >'/Z, 23 '/••■
109
J-J
M-N
'.
83 Va
;
Z
*92
/'/(-
Consumers Power lst
mtge 2%sZZ,1975
Continental Baking 3s
debs_____„_1965
Crucible Steel lst
mtge 3yaS__^^1966
SACuba Northern Ry lst
5'%S„^_1942
ADeposit receipts
81%
63
105 Va
1945
series
5s series
72%
50
91%.;
.
J-J
A-O
J-J
AChatt Dlv pur
money gold 4s__195i
yv § A Mobile Div lst
gold 5s
1946
Central Illinois
Light 3%s_— Z—1966
;
37
74
*99% 100
A-O
Nov 1945
fAConsol gold 5s
81
96%
.1965
lst
■
1st
55 %
Z~
V
J-D ?>
v_-_^.^_1982
*'V
c..
%
•
»
99'% 100
J-D
,
•'
•101% 10s %
71 y2
'86
100
i
''/•.,• A'
.
91
j
•
/ (," J-D
Consolidated Edison of New York—
lst & ref mtge 23'4s ser
A_*._l:i_1982
100
80%
*102%
% %' "./•''• (
100
F-A
E_._Z^i__1977 Y
'92
100
101
Z
65%..
89
101%
^106%/v lO6% *06%
*"•-
J-D
36—4-—--1970
80
:'X-' '&■ :<; .105c,./105 %'•-■
••
102'%
54
(
•
55%
91
i960
gold 4s
90
101
95 %
i960
issue)
P
1
90%
1951
Consolidated
99%
5
*83%
J-J
M-N
1956
mort"atrp
Conn Ry & L 1st &
Conn River Pwr s f
98'%
90
06%
1970''
96
101% 102
impt 4 V2S scries
58'/4
105
£3 ;Y
104
F-A
>
57 %
'
223
ry-78:/r».78%
•
•
73 Va
209
y-VLJ'/'- *101% ior% /.
1
J-J/'
B___Z/_———1993
Commonwealth Edison
V 1st mtge 3s. series
97'%
,96%
90%
perpetual
Georgia Ry—
33
series
ColumbUs & H V lst extl
gold 4s
121%
94%
100
M-S
_1955
Z~~
8 a 1st mtge 5s
99%
119
78%
'
104%
65%
/
86
101/
-y.;
J-J
Wab & Mich Div 1st 4s
il991
St Louis. Dlv-1st* coll
-trust 4s—..1990
1st
90
M-N
!
3%s debs
~3
1
.Y:
99%
*
Y J-J
4«4-----v'-^^i'ji-ll993
Columbus & Sou Ohio El
Columbus & Tol-lst extl
95%
*99
1962
!
~
88'%
J-J
^Oct~1969
4s
•7
*99%
■Vi :.
lst mtge 4'%s series
C—v—1977
A-O/
Colorado & Southern
Ry—
./■'Z;ZyZ://
4'%s (stamped
modified)"-i_i.i.___1980
M-N
Columbia Gas & Elec
3%? debs_„1971
-l M-S
85%
121% 121%
96%
96%
Af-N
1957
lst mtge
gtd 4s
Celanese Corp 3s debs
Celotex Corp 3%s debs_
|
/Z'.77%
95%
A-O
A-0
5s
„
82%
••y;*ioo.-
•iZvk-/-
Z
50%'
; 53%
154
'Z 10678
'.*104.;
%-i";
A-O
96'%
%
>
J-J >
debs_4-—_-1961'
Ry—'
'
-
J-J.-/,'
/:
63
89%
66
>
96
106
86 '
J-D
J-D
debS-T4/4-1966
Louis
54 V8
'
;
39%
20
65
106%
•
j-d
!. /*" '.ii
67
,•
•v
-
Apr
E-._'4_1969 *
G_--_-_^_l_^__1974 -'S
&'St
63 Ya
•
,
C 3'%s
gtd—___,l._%____1948
M-N
Series D 3'%s
gtd-_^_Z_y_L_-—1950 yf F-Af
Cleve Short Line 1st
gtd 4'%s_Z—1961X
A-O
Cleveland Union Terminals Co— /
:
'
YiZy
*2 1st mtge 5'%s series A—,_;_____1972
A-O
lst mtge 5s series
B_l_«_-,_i.____1973 -
78%
88%
1976
_IIl974
70'%
.
•
Series
14
1969
gtd 5s a_
stk
gold
73
57
65
Z
90
88%
104%
55 Va
f
*
96 "2
94
F- A
1976
2
Carolina Clinchfield & Ohio
Carthage & Adironack Ry—
I
'
5
Z- j'f
•4"-
15
70 y4
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J-J
.
-*;
Cleveland & Pittsburgh RR—
8i3if 90y4
..
23
83
94%
J-J
Zl950
3s
National Ry—
Guaranteed gold
4%s_,
Guaranteed gold 5s
Guaranteed gold 5s
Guaranteed gold 4%s
Guaranteed gold 4%s_—
Guaranteed gold 4%s
A4s
78%
,
83
F-A
gtd_—ZIIZ~1960 '
California Elec Power
lst
Calif Oregon Power
3%s
A 5s
'
ser
Cleveland Elec Ilium
67.
1954
1955
Bush Term
Bldgs 5s
Chic
;
67
67
V
Apr
Orleans 5sl__l951
.K'-'J* '4;
79
57
73
-
J-J
,
.
2%s
Clevfe Cin
67
67
M-S
Z___
•/■•'y i
.
61%
•104 V4
75 V4
120
55%
34
—
57
.
Apr
71%
•6
49
;
44%
111
«
A—___,^_1__1994
City,Ice & Fuel 2%s
City Investing Co 4s
97'%.
64
A-O
_
(
86
64%
J -J
El lst mtge
2%sIZl975
Rochester & Pgh
Ry;
1
Stamped modified
(interest at
v?t t0 ,May 1 1947> due-——1957
Bush
Terminal lst 4s—
i95o
Consolidated 5s
fACentral
48
64 V8
M-N
0
July 1970
7s
(*•"V
1st mtge
92%
67
ig7fi
Toci
fBuf/,aI,° Niagara
Buffalo
•,j ARef &
97%
104%
Pacific Ry—r
Cin
82
67
i9r7
B^n
1
115
67
~~"l961
Bni.on
1st gold 5s_-_
Bklyn Union Gas
4s
debentures.
/Gen mtge 2%s^
^Central
92%
;
v
2%-4%s^_w-__^^-_4-Z 1^-1994
*
403a
J-D
197Q
'"T"*
A
ABreda
1961
I
ser
".
60%
47%
97%:
34
126
65'%
■■
Apr
.
Jan 12044
2%-4V4S_Z-—iA^1994;y\
General
J-J
3%sZ—1951
1st
Cons mtge
2%s ser J
Boston & Maine
RR—
1st mtge 5s
series AC—
1st mtge 5s
series II
1st mtge
4%s series JJ
1st mtge 4s
series RR
.
97%
103%
"
A__Jan 12019
4y2s___Jan 1 1999
New
Z
91
129
*83%
/•/: J-J
B_——,—i—<—1989
&
49
100%
•
1
64%
61%
v
44%
112
93
14
87
64%
109%
r; '■ 2
74
85%
J-J
IZJ-s-*.—1951, y
-
—
w
.
13
M-N
1951.
Telephone
a«
2(3%
99%
25
ser
inc
ser
&
General
J-J
D—1985
iwki
Indus Loan 2%s debs
Bethlehem Steel
Corp—
Cons
99
15 3s
!
cont int)„1980
4s
stamped
RpfiC^?reuk
5
A——i9on
mt*e 5% s'er'A
ref
3
98 %
-
Aroostook RR—
ref
4s
&
26%
May
Cincinnati division
lst lien
3
J-D
1 2Q10
West Va—
f & 11/2%
r.'
43
MS
lst
tJL
Toledo
-
102
AI-8
-
42%
*-/
J-J
-
12
99%
97% *
74
Cine' Gas & Elec "1st
mtge 2%s.—'-1975 / Z A-O >
Cincinnati jUnion'
Terminally-ZZ ;1. ' / '/ 1'!
1st mtge gtd 3%'s series
104
38%
971/*
99%
J-J
4s'_4_1952
•
105
37
92%
112
44%
1st4%s «rie$M-5
lst
1 1995
r
••
101
103%
86
26
A-O
due Dec 1 1995
due Mar 1 2000
jp
L
due Mar 11996
1,5 3% %
and l3/n^tge 6% (2%% fixed
contingent interest)—
U
J/ZZ
104%
101
A-O
235 3—
ofi!! 5
JJ
my4
111%
Ref &
jujv 197=
ser B (4% fixed z
contingent int)
July 1975
mtge 5% (2%
fixed
contingent interest)—
110%
108
.
,
109'% 110
J-J
lst mtge 2%s ser
G—4--—ZZ-v-1963
Chic & West'n Indiana conv
123 Va
37
J.J
J J?1?* 5%
1%
I
104
J-J
110%
23
J-J
1956
mtge 3VsS series
115%
106%
4s
Chicago Union Station— .,;/
%»
lst
102
J.J
117
/ 97
M-N
/.
RR—
B___
ser
3'%s
Income
81
B
& Ohio RR—
1st mtge 4s
ser A__
v.
"9
*103%
104
106
115
120
109% 110
J-J
Memphis Div 1st gold
4s_v-r---_l951
Chic Terre Haute &
S'eastern
lst & ref M
100
111%
M-S
Baltimore
and
59
110% ltt%
J-D
104%
101%
1
Af-N
mtg§ conv.4'%6 ser A__Jan2019
" Gold
102%
'96%
3s
Chicago St L
102%
.
78
*•
/
121% 122
M-N
.
4s_II~Z" 1948
--H"~Z" 1948
4s
121%
M-N
1964
Danville Ry 1st
mortgage
Atlantic
96%
101'
100%
79%
*96
106%
86
Nov
'—-July 1 1995
Atlanta Sc
Charlotte Air Line
Ry—
1st
mortgage 3%s._.
1963
Atlantic Coast 1st cons
General unified 4%s A 4sZ_""July 1952
Atlantic
*70..
A-0
1995
102%
inc
mtge conv
mtge
Gen
.
470
102%
A-O
Fe
;
—:„i.1994
.1st mtge 4s series
97'%
113%
1962
1969
Pac
A
ser
Chicago Rock Island
95%
•'91%
1995
_I1I
113%
4s
50-year
&
conv
"1st
,
107%
90'%
15
__Jufv
& Santa
gold
101%
41
97%;
iZlZZZZZ'.
5s——.
Atchison Topeka
General 4s
468
95%
97%
J-D
Sou
Paul
mtge 4'%s inc
2nd
103%
94%
95 y2
J-D
.1957
deb 3s_.
debentures
Ann Arbor 1st
gold 4s
A P W
Products Co
mtge
92'%
91%
92%
106% 107%
&
St
4'%s
95%
A-O
100%
36
F-A
_*______1985
Chicago & North Western Ry—
78
91
Milw
lst
98%
"
95%
92%
-1997
B
Gen
83
94%.
10
Chic
l60
M-S
107%
conv
ser
130%
10S -
*__
J-J,.-,;
.
High
121
104 Va
RR—
4s Inc ser A-._-.Jan 1933
A 2d
mtge 4'% 8 inc ser A.^_-Jan 2003
Chicago Ind
104%
F-A
J-D
inc
111
Low
7
116% 116'%
2%s^i^^_';^L_il970:F-A:'>
Eastern
".AGen inc mtge 4'%s—Y^^^Jan 12033
Chicago Ind & Louisville Ry—
28
100%
99
78
J-J
mtge
&
NO.
39
104'%
F-A
Chicago & Erie lst gold 5s_„____Z_1982
Chicago Gt West 1st 4s series Al„-.1988
,
A-0
ref
Range Since
January 1
Sold
104%
'
J-J
:
Bonds
High
104
J-J
—
&
104
;
F-A
gold 4s„__.1989
cons
4s-*w-i—-±~l—+-1953
B_l—^-^-1977..
ref mtge
3y«s-Z-r-Z-ii~-*1985
lAGen-mtge
7
103%
98
*9&
78
;
lst
gold 43
Friday's
128% 130'%
M-N
& ref 4%s series
»
—
97%
1
M-S
M-S
;Alst mtge
*103% 104 %
'
J-D
&
Div
/lst mtge 3%s
27%
10'%
8
*107
A-0
.>_„i„1992
90
10%
A-0
.1998
A
2d consol
'.'1st &
Chicago
.
92
77
*6
'A-O
4'%s___
'] >lst
83
,
81%
V2
*24 %
~J-J
or
Bid & Asked
v.-
^^1989
Chicago Burlington & Quincy RR—
•/<,
General
85
82
F-A
'M-N
&
'i
;
,
86'%-
y:.
; 73
14
Sale Price
Low
Ry—
v.; 1st
••'
74 '
X
83%
F-A
4%s_. .1975
debs_r._
American
90%
*75%
A-0
R
8'%
.
121
83
80
82
F- A
13'%'
:.
121
•"
80
J-J
.1952
3%s
Amer
78
Last
Period
impt mtge 3'%s D_____„^l996
Ref & impt M 3'%S series
EJS.%^_1996
'
77%
;
Ohio
General gold
117
75'/a
Week's Range
Interest
Ref &
5
117
78
■
&
774
85
-/^Zr;,
Z
Exchange
Stock
High
RAILROAD AND INDUS! RIAL
COMPANIES
Alabama Power 1st
mtge
Albany & Susquehanna
1st
75>/4
J-D
.
_1958
Adriatic Electric Co
7s__
Alabama
M-N
■-M-N
extl
York
7%
7
"t
'
Friday
BONDS
New
4 Va
—v
mo
-—1979
J4
3%
16
6*8
117
M-N
A4%s assented
A
89
*110
—.1964
conv——1978
readjustment
1978
3%s extl readjustment
1984
A
Venetian Provinces 7s
1952
AWarsaw (City) external
7s
;__1958
4-4%-4%s
*- .:
'
F-A
extl
Low
19
1937)-f—
conversion
34-4,3,5
No.
5%
*834
63a
J-D
readjustment----—1979
External
MAY
Range Since
January 1
Sold
6
4%
J- J
1946
6s
bond
334-4-4VaS
External
3 74-4
extl
Bonds
High;
*4%
J-D
...—1958
(Republic)
A
1948
RECORD
ENDED
Chesapeake
M-N
1962
1958
'
•
■
'
Friday's
(Kingdom)—
Sydney County Council 3V2s_.„_.1957
SAUruguay
or
Bid & Asked
Low
A 7s
series B sec extl_„—
Silesia (Pro v of) extl
A4 %s
assented--,.-.-
WEEK
'
Week's Range
Interest
Exchange
Croats & Slovenes
A8s
A
York
FOR
BOND
'
*104% 106
A-O
A-O
106
1123/b 112%
106
*103%
110
156'/a
106
__
156'/a
112
156%
102
2
104%
101 »/a
106
100
101%
J
i
Number 4699
167
Volume
THE
FINANCIAL CHRONICLE
COMMERCIAL &
YORK
NEW
RECORD
BOND
RANGE FOR WEEK ENDED MAY 14
Friday '■
•
Interest
.-.•■BONDS
Period
New York Stock Exchange
Low
Brie
Railroad
Gen
1st eons
71
Bonds
No.
.
A-O
J-J
.
1st cons mtge 3%s ser :G-_.2000
1st cons mtge 2s ser H
—1953
Ohio Div 1st mtge 3y4S—
70%
J-J
4y2s fier A
_Jan2015
mtge 3'As ser E—«
.1964
mtge 3.'As ser F___.—_1990
*93
'--Vj,
Low
M-S
—.1971
•
100
*99
>
;•*•__
83
83
w.*-
■_
*:'
79%
96%
96%
78
;
.1949
4s
stamped
—-_±_.
Louisville
103 >A
102
__
Low
High
101'/a 101%
109 Va 109'A
M-S
108
F.
.2003
A-O
A-O
109
110%
102Va 102'/a
107% 108
101
102%
lOOVa 100%
.1966
101% 10131
101% 102 %
101% 102
95
101101 %
-M-S
•-__
-
Range Since
January 1
High
__
101^
A-O
ref
M 3%s series
ref
M
2%s series G.
.2003
Loui? Div 2d gold 3.s—.
.1980
Atl Knox & Cine Div 4s—.
103%
(Florida East Coast 1st 4y2s.
Friday'*
•
105%
108
Nashville RR—
&
&
:i955
St
Firestone Tire & Rub 3s deb.
or
Bid & Asked
F-A
.1963
& Elec 3%s—.
1st &
1st
-
r
,1951.
*
Louisville Gas
M-S
.1949
—-
Lorlllard (P) Co deb 5s——
3s debenturesj——
-
M-S
.1949
Long Island unified 4s_._
Guaranteed ref gold 4s.
100
v
M-S
7iy#
2
.
Week's* Range
Last
Sale Price
LoW
oo
r
83
83
Period
New York Stock Exchange
High
64
.
92
83
47
.
100
' ..*82%
*95
.
.
J-J
V.
Interest
BONDS
Range SInoe
January 1
Sold
High
69%
,
Co-
mtge inc
1st cons
Friday
Week's Range
;
Last ■/..*.
or Friday's,Sale Price. Bid & Asked
'
M-S
.
*88%
._■:■■■
.
*94%
89Va
•
100%
84
89*A
92%
__
96Va
102
A 1st & ref 5s series A
64
M-N
*110
.
•
111 "
109%
64'/a
60
...
ACertificates of deposit.
Francisco Sugar coll trust 6S.
-
60
103 % 103%
& Co 2%s debS--.*—1972
A
1960
(R H)
Macy
99
101
Maine Central RR 4y2S ser
67
74 Va
B—:—,__1954
Manati Sugar 4s sink fund__Feb 11957
A Manila RR (Southern Lines) 4s__1959
May Dept Stores 2%s debs..--.—1972
94%
98
84%
86
1st
Gas & Elec of
Berg Co
cons 5s_...1949
General. Realty. & Utilities
A4s conv inc debs....
Corp— '*
._—-.1969
Gen
Gen mtge
2%s
ADebebtures
ctfs
|
82%
86%
81%/
81%
74
f
"Vi
91%
:v;.
i..
*
.1975
B
Jan
Gulf States Util 1st M 2%s_
8 "
8%
■
RR—
ser
93%
86'A
'
95'A
95'A
;Hv ;;^-A,^85r
81'/a
-
95 ?A
.
63
1:
'
8%
2044
6%.
*99% 100
'
65
-
*96
8%
i
]
j
99%
68%
77 :
I
92%
97%
|
1'
56%
65
f
r
96%
93%
Missouri-Kansas-Texas RBM
Prior
lien 5s series
Hudson Coal Jbstm ,fe 5s' Series A
'
J-Dv
1962
-Hudson.^Qo 43a»iafc£gold5s__r-.___i949
:
M-N
Hudson-aesiManlaattan 1st 5s A
.1957
Adi-income
j-_.._-.^Peb 1957
,;v;;;/v,' 9'''. '•
.■4'/'/
F-A-
;ArO.»
*._v
./fY, *
:-f
91- --95-,
*
64%.
-
■•
-
^
^-
:*V
£
77%
•
65%- 66'/a
;
:
79%
66
66'/a
64 Va
67
•;
A-.——-—-1965.
:23%
102%
103
100%
■ _1951
82
65%
104
.
39
;
82%
72
.
82
18%
•:
.67%
27%
71%
,
i.
81%
30%
82%
71%
82
61%
67%
104
101%
104
101% 102
99%
102
.58%
54%
^60'A
78%
Constr M 5s series
—1955
Constr M 4 %s • series B—
...1955
Mountain States Tel & Tel 2%s—1986
■
82
78%
iseries I--—-—A_i981(
1st gtd gold 4s__-l99i,
71%
.71%
-
26%
78%
gold 5s series H_—__1980
A 1st & ref 5a
82 ;
78%* 81»/a
iMonongahela Ry'3'As series B__—1966
Morrell (John) >& Co 3s debs.—.1958
Morris & Essex 1st gtd 3 Vis——.2000
-gold 31/2S;;__-___^__"______„1951
^^iBxtomieid^lA^^d'"3%s_
lst*goW^w^ertjt1g;^_______
Collateral trust gold'4sr__;__^
;
Refunding 4S_>_;3l21'_i2;__
A 1st & ref
79
■'
<
.
5s series
■Moh'k & Malone
t'-"^ 25%\, •' ,24%.',>26.%/-r
.
- *
50%, 57%
38 V4
•
93%
00
68'/a
60%
.
59%
98% 101'A
79%
;
96
51
*
35%
.
104% 104%
;
' 64% : 65%vV
87
96
101%
.78%
v
j
^>DBnuis--<2efttiwaijswt^«
*101
59
*57
:
A 1st &
I,,;-;.- 97%. 97%
J 95
.104%
;
—_———__-._—_1975;
A 1st & ref
126%ol26%::-v-
;
J-J
59
;
D—1978
adjust 5s series A—-Jan 1967.
A General 4s
.
:/96,/"-',:
: 96
100%
jref 5§ series F__——---1977,
A 1st & ref 5s series G...—1-__.1978
j AConv gold 5l/as ser A—A——-1949;
1
M-S
*_.
a_——1962
(Missouri Pacific RR Co—
Hackensack Water 1st mtge 2%s—1976
Hocking Valley. Ry 1st 4V2s_—..1999
Household Finance Corp 2%s_._.,il970
'
100
80
103% 106%
1
Prior lien 4'As series
A Cum
99%
104'A 105%
A——.--.—-1962
40-year 4s series B_;
!
96
.
87
105'A1
2%s_L————11969'
100% 100%
—
100
*84
Mfg:2%s_——1967.
Minn St Paul & Sault Ste Marie— '
1st mtge 4'As -inc ser Av«-Jan 1971;
1
Auen mtge 4s inc ser A»—-Jan 1991'
Mo Kansas & Texas 1st 4s__———1990;
93
*100%
.
-—100
(§ a Midland of N J 1st ext 5s_a_—1940 ;
65
-
.
gold 3yaS_'i_
—u.—. 1952:;..
Ref & impt 4'/as series C__,
—1979;
Michigan Cons Gas 1st mtge 3-%sJ1969 .
77
100 »A
98%
1st
1st mtge
98
99% 101
,
3%s..._——.1951
Jack Lans & Sag
>
97%
.62%
.1976
;
1950
5'/as
98
98
Minnesota Mining &
63
100%. 102%
*102y4
,
:v.'.-:v 76% * • *: 76
,',
97% "'' 97%
mtge inc 5s ser A—..July 2015
1st & ref 3%S series D
—..1969
mtge inc 4s
88
.
"
1st & ref 48 series B
Gen
j
95'A
\ 86
v
.1961
Gen
i'
•
|
97
95'A
.*93%
66
B
Ohio
1
116
90*
.
Greyhound Corp 3s debs—__..1959
&
123%
Metrop Wat Sew & Drain
Michigan Central—
;
112
116
"
AGreen Bay &. West deb ctfs A-_.
Gulf Mobile
109%
110
_____2010
ser R_______
111 %
111
121% 122
..1982
mtge, 2%s ser Q
i
.2000
...
Gen mtge 2 %s ser P__:
Gen
..
'•;• 1. - ! ; '.116 •• 116 ;
r.-}% 96% " *96lA 96%
..1990
;
mtge 3'As. ser O
-
70
94%
1st mtge 3s__——1966 i.
Metropolitan Edison 1st mtge 2%s.l974)
.1976
Gen mtge 3%s ser N
70
Mead Corp
Goodrich (B F) Co 1st mtge 2%s_1965
Great Northern Ry Co-—.
General 5 '/as series B_.
1952
General 5s series C—
....1973
General 4 %s series D_.
mtge & con 4s ser
60 y4
68%
80
.71%
72'/a
*92
92%
,
,
80 '
64%
73%
88%
92
102
3'As
————1978
debentures
102% 103
102% 103
.
1951
■
;v.
Purchased
.Collateral
-
lines
JVaS-t—
_l95i
1952
101%
.^1955
'101% 101%
101
40-year4%s^;^_Lr;_t)__—_____l966
Cairo Bridge/gold 4»;__
..1950
Litchfield DiV 1st gold 3s_„^-_.195i
Louisville X>iv "& Terra1 gold 3 %sil953
87%6;'*-.«5';':. 87.Va
;. A-:'^.yio4%.;-v-1-
,
/
-.
;
,
<
;
'
100% 101%
107% *; *107 Vv 107%
*100
■■
Western Lines 1st gold 4s__
*■;.
•
>
;
2-
J
97
r : 97
'
.100
101%
102% 102%
* 1st ref intge 4s. ser D
Illinois; Terminal Ry 4s ser A
98% 98 V4
103% 104
A 1st 5s series
104% 104%
*103%
Au
100
118
102
lB%
101
.
102% 104%
100%
104
93%
81
80%
90%
80
92%
84 Va
90%
78 Vi
90
79%
871
76
82
62,
69%
—1998.
62
65 Va
3%s-A.-T,^*a§98*.
60
67>A
of deposit—-^.2——
C___—1956;
ACertificates of deposit--———
1950
115%
Orleans &• Northeastern RR—
ACertificates
.
102%
103% 105 Va
100
—
101% 101%
■
1963
98.y4
97
101%
101
*117%
gtdA'/is series
4'/as series A*.-——-1952
New Orleans Term 1st gtd 4s__—--1953,
(New Orleans Texas & Mexico Ry—'
'* Alat,
5»: series B
___L_i__-i._1954 $
•
■'-_■••
*101
Ref & Imp
?
^.1970
Indiana Jll & Iowa 1st gold 4s
84y4
9iy8
97 Va 100%
102% 104%
aebentures
New
nOQVz
98%
*100>/8 101%
1961.
L—_—1982
N J junction RR-gtd 1st 4s_;_—-.1986
New Jersey Power & Light 3s___—1974.
New Orleans Great Nor 5s-A—1983.
1st
3s
-
.
fiooii
'
^..1951
and. Chic St L, & N O—
?
Joint Tst ref 5s series A
1963
1st & ref 4 Vas aeries C__>-_.
,_1963
"
•99% 101
95% 100 ' t
90
98Vs
<
.
90
104 y8 104%
Newark Conspl Gas cona 5s—.-___rl948,
:New Envland Tel & Tel 5s A-__2__1952
100
f
debs—1967
ANaugatuck RR 1st gold 4s—,__^_1954
87 *A
^
,97- ;
C
7f"*99%
Registered
ill Cpnt
;
i
:77. *
1041/# 104 y4
—
v*97% 100l/4
3 %s^^„wi.i._.-_
....1951
Springfield Div 1st gold 3 'As„_.1951
National Supply 2%s
102%
.
1;1.;/*101% 102%
:,;r: .;'o ■ Gold.
:
•
r
■
1st "gold 3s-2i:_._..l95t
St Xoui8 Div & Term gold 3s___«,1951
,
95
•
.'
Omaha Div
107%
*96%
gold 49-^-^^1953
Refunding 5s_-,;__;r;^i.____;_____i955
*
101 y4
i;98'
*r? nOiVa
trust,
Nashville Chattanooga & St Louis—
1st mtge 3s ser B__
_____^__1986 i
National Dairy Products 2%s debs_l970v
National Steel Corp 1st mtge as.i-isej;
99% 103%
103%
101 Va
102% -101% 103%
1952
'
Indianapolis
Union Ry Co—
A 1st
rRef ds Imp 2*/aa ser C___—_____1986
(International Great Northern RR—
a 1st 6s series A
1952
A 1st 5'As series
;
A
a Adjustment 6s series
A___Jnlyj:952
A 1st. 5s series, B,*____^_1956
j
t.:
Ref &
:
?
1st 4s__—..1959
3%s registered
'
Mich Cent coll gold
-
New
i"
unguaranteed
1961
"
94%"
98
" 98%
100
7
102%
96%
—
5
m
•*114
*50
63
110%
N
12
N Y
90
98%
97
•
'
•
*97>;'A.-*--;
^_1997
97%
160*'
*i75»/8--'Ai!'ru
.>.1964
<101% 101%
L—1959
1V4
^
*
1%
2
1
;
98
176
99%
Lack & West 4s series
4%s series
91
v
63 Va
96%
88%
88%
81%
90
88%
Connecting RR 2%s .ser
A debenture
:
1%
4s
1st & ref mtge 4s ser
101%
27;'-;. l "
B___-l975
Dock 1st gold 4s—i—•———1951
& Harlem gold 3 %s—2000
95
95
'
88 Va
82%
89%
100
*107'A
*97
100 »/4
•
96% 100%
—
100
93% 100
72 %
A—.-1973
---1973
*79
73 lA
82
(N Y New Haven & Hartford RR—
§ A Collateral trust 6s—1940
ii2% 112%
r.
Y
'
Mtge 4s* series A
-.-..2043.
Mtge 4s series B__—_4._———2043
i
114%
44
98%
•*312%>AAV/
N Y
;
97% 100%
-V
A'.;"
*
98%
•»
,
103%
57%
3%s ser E..L.—I-.-—1980
3s ser F—..—1986
Ref mtge
N Y
103
64
1st mtge 4s ser A________
___1975
Kansas City Terminal Ry 2%s__—1974
;
4%s
'
—
Kansas City Southern Ry 1st 3s_—1950
Kings County El L & P 6s___
Koppers Co 1st-mtge 3s
(AKreuger & Toll 5s -ctfs...
3%s registered —----1998
York Chicago & St Louis—
1st mtge
Kanawha & Mich 1st gtd gold 4s—1990
Kansas City Power & Light 2%s—1976
;196l
A--....——r-T1998
impt 4%s series Ai——.^2013
impt 5s series C_i-A..2.-2013 :
N Y Central & Hudson RiVer RBh-1
General mtge 3%8—i
—1997
3%s registered ——7_,
1997
Lake Shore coll gold 3 IA8—--.-,--1998
Ref &
■
Jersey Central Pow & Lt 2%s—.1976
Plain
A—————1954
Certificates of deposit——
Cons 4s series
,
Kentucky Central gold 4s_.
1987
Kentucky. & Indiana Term 4%s—1961
Stamped
—.1961
.
1
New York Central RR Co*—
a 1st, gold 5s series C_._A___.___1956
9 a Internet Hydro-Elec deb 6s.
1944
Int Rys Cent Amer. 1st 5s B...i.^,1972
James Frankl Sc Clear
D__------^.---1956
4Vas series
ACertificates of deposit———
.
1957
A_,__;—2007
inc 4%s ser A».2022
(AHarlem River & Port Chester—
v.
1st 4s
—
—1954
;....AGen mtge conv
*
...
4s__—June 1992
4s__^__;--———1955
Light 1st mtge. 2%a_1975
N"Y & Putnam11st cons gtd 4s——1993
iN Y State Elec &r Gas 2%s___--—1977
N Y Steam Corp 1st 3'As
——1963
(N- Y Susquehanna & Western RR"1—»§lst refunding 5s
-1937
(AN Y Ont & West ref
AGeneral
LacledeKlaa Light 4 %s conv "debsA-1963
Lake 8h & ' Mich Sou gold 3%s
:_iy07
3 %s registered __aa_ _a__a_
Lautaro Nitrate Co Ltd— - V,
,:
„
N Y Power &
____1997
-
-
Alst mtge income reg__-..,
^
-
....1975
Lehigh Coai>& Navigation Co—V
A
< S P' mtge 3%s ser A____.______1970
Lehigh Valley Coal Co—
>
■;
1st & ref sink fund 5s
:
5s
1st
:
stamped
' § A Terminal 1st gold 5s--i——.--1943
N -Y Telephone-2% s ser *D-—;——1982
k;'
1954
ref sink fund 5s——-a-1964
Ref mtge 3%s ser
Niagara
AGen mtge 5s conv
4%s stamped modified—_—„a__2003
4 %s registered r_^—.-A.—a-2003
5s stamped
modified__l___
___2003
Lehigh Valley Terminal Ry ext 58.1951
Lexington & Eastern Ry lst 5s
..1965
Liggett & Myers Tobacco 5s_;
1951
Little^ Miami
a Lombard
-
A_
"v
35
*30'A
34
'
37V4
—
76
39
36
36 '
42%
•
44
172
< I 27
/
■:
36%
26%
v
34
30
40%
*30%
5 :
10
'
67
121
123%
•A-l : :
121
410%
ll";
*
>
74%
121
For footnotes
7s series A_...1952
>109% Hl%
see
page 28,
4s
.
,
Inc.———2014
4s-'——-1997
registered_j————-1997-
General
lien 3s—Jan
12047
3& registered:
-————.—2047
4%s series A—-—2047.
;
Ref & impt
.
Ref Sc impt 5s Series C———-2047
Ref & impt 5s .series D_———2047
,
genr >4s series A„a-__1962
Electric
,
*.'
Coll trust 4 lAs
,*—•■*
32%
16%
16%
12%
*75V8
78Va
73%
97%
97%
93%
97%
104 Va 104%
103 %
104%
9%
19%
,
18%
19 Va
108% 109%
18
77
106% 109 y4
"
,
Prior lien
,.
44%
'36%
49;
•i.72%i',*73
1JA
36
.
Norfolk & Western Ry 1st gold 4s. 1996
North, Central gen & ref 5s—1974
Gen & ref 4%s series A—.—--1974
Northern Pacific Railway—
,
'
modified—_-_—a_l-_:2003
registered
2003
—1978
4%S—--1946
Falls Power S'AS——1966
Norfolk Southern Ry Co—
Leh Val Harbor Term gtd 5s______l954
Lehigh Valley. Ry Co NY 4%s ext_1950
Lehigh ,Valley RR—
'
' r
:
; i
4s
E
(8AN Y West & Bost 1st
5s stamped -_•____—__________1974
4s stamped,
4'AS:—1937
8 A General gold 5s„_—L-1940
8 A 2d gold
;;;
.——1954
1st & ref sink fund 5s____L_____1974
?■
*39%* 41%
.
i
5s stamped —aa.aaa...—A1964
-
106% 106%
———1975
66%
69
127% 128
*115
—
*107
128
105% 106%
99
106%
*99%
96%
101
67%
66
—
67%
61%
64 V4
64%
92%
93%
87%
.64%
94%
68%
99;
.92
100
98%
99
101% 103%
60Va
92%
100%
99%
103%
28
(2156)
YORK
NEW
Friday
BONDS
York
8tock
Interact
Exchange
Period
(Minn)
1st
Bid & Asked
1st mtge
(Wise)
1974
f-a
1975
a-o
1977
2%s
1st mtge 2%s
a-o
*95%
97%
98%
98%
97%
95%
1996
A Gen mtge 4%s series A
Jan 2016
Seagram (Jos E) A Bom 2%s
1966
98%
96%
13
98
*95% 101%
96%
South
—1948
3s—
J-J
M-a
1975
11
101% 101%
a-o
1975
5
F-A
A__1960
ser
13%
13
.-1974
mtge 2%s
Oklahoma Gas A Electric 2%s
RR 3s
Bonds
Range Since
January 1
Sold
High
No.
Low
High
12
98%
101%
101%
96
a-o
104
375
61 y2
92%
94%
96
33
31
92 V2
96
7s__ 1941
1965
F-A
31
32
4
28 V8
33%
97%
100%
j-j
96%
100% 100%
j-d
1963
a-o
1979
S5%
95
37
95%
30
2%s
debentures
1985
F-A
2%s
debentures
1987
j-j
debentures
3b
1994
Southern Indiana Ry 2%s_
Southern Pacific Co—
105
101%
101%
95%
j-j
101%
91'/8
96%
78%
83%
82%
1977
m-a
81
Gold 4%s
1969
m-n
92%
94%
94
94%
160
Gold 4%s
1981
m-n
87%
93%
92
93%
178
84%
1st
Pacific Gas A
.1966
J-D
1st A ref 3s series J
*107%
.1970
J-D
1st <fc ref 3s series K
*101% 103%
.1971
J-D
103% 103%
5
1974
J-D
101% 102%
52
100
.1979
J-D
1st <fc ref 3s series L
1st St ref 3s series M
1st St ret 38 series N
1st St ret 2%s series P
1st St ret 2%s series
1st
E
1st
mtge
if
Glass
t
Conv
Sand
A
income
Peoria
9
94%
100%
102%
A-O
A-O
1960
.1981
coll
Apr
1990
tr
•v
4%s
1961
100
,
-
Apr
67
25 ;v
v
100% y
j
*94
53
97%
78%
V 1st
26
59 »/♦
67
25%
-»
204
r
104 %
•
14%
25%
106
115
.-"iYv
*109% 114%
105
105%
>
61
101 %
98
100% 101%
46
98%
v
*
98%
3
97%
V
98%
98 %
1
97
"
13%
25
10%
6
8%
100%
M-N
*104%
F-A
' ' F-A
j-O
102
108
6
103
31
103
1
84%
A-O
*—
F-A
*117
79%
4s__
87
1972
5s
~—____2037
-
.2037
j_d
81%
" 102
100
.1964
RoebesUr Oas A Elee
Corp—
i
Qen mtge A %s series D
4..—.1977
series
100
f-a
18%
Baguenay
Power 3s series A
& Adir 1st gold 5s
106
105%
: J-J
.>
8%
90
"2
106
19%
90
105%
107
103
99%'
debentures
1976
145:
210
series A
A2nd mtge inc 4%s
Bt
:
26
Louis-Southwestern Ry—
Irt 4s bond
certificates
2d4e 1too bond ctfs
£l?UlUU1 l8t
Dept 3%s
B_
97%
J-J
Jan 2022
210
r98>/2 100%
1' r'.
May
'"83%"'87*
.5
101 ;m02%
^
J-J
97%
1971
A-O
U-N
100% 109%
11
97/s
.
•'
6
97%
7%
7%
.
f-a
102%
96%
101
101% 102 «A
96
9
102'A
93%
4
12
1976
M-N
93
93
93
5
%
{96
91
S Rubber 2%s debs
2%8 debentures
1967
A-O
*95
1959
m-a
93
1955
f-a
*105
1957
M-N
*105%
87 y2
93Vi
98'/a
93
.
96%
95%
97%
93
90
97
f
s
t
cons g
4s
4s series A
series B
cons
106
105
1975
M-8
1978
105%
*97%
98%
*101'/a 103
M-S
1963
105
105%
—
Co—
A-O
110%
109
94%
103
107%
157
lOOA lOOA
M-8
100 A
103
110%
110%
1
99%
100 A
J-J
*104% 107
104%
105
——1958
5s—
A-O
*100% 103
94%
100
—1995
M-N
:
99
99
99
82
82
36
96'A
99%
RR
Co—
,
Apr
S2
Apr
83
X.'
Baking "Co—
74
3
Y 82
83
83%
14
75%
85
98
98
22-
98
99
99
99
3
90%
94 %
94
93
94
3
85
94
Apr
M-N
■
M-N
99
{'•
-
5'As debs (subordinated)
1970
1st ref gtd gold 3%s_2000
Washington Terminal 2%s ser A
1970
1950
1967*
-1966
Western Maryland 1st
mtge 4*~
Western Pacific 4'As Inc
105%
105% 105%
F-A
f-a
*54%
*99
•
J-D
108%
M-S
2361
A-O
2014
47%
__
99%
107 % 107 y4
'4
105%
107'A
108
108'A'
12
106%
109
69'/a
36
66
66%
10
'100%
v
100'A 100%
100% 101'A
M-N
•
99%
M-S
.
98
97%
98'A
94
93
94%
101
101
■us.:
*38%
M-N
1992
J-D
1970
U03
M-S'
—.1967
1958
__196Q
*92
;•
98%.
80%>. 94%
101% ^ »
99%
98%
97%
103
99%^.
Y103%
96%
98'A
,103., 103
10
12
L
t K94
98%: v!
101%a03%Ii?t
93% " 96%
•
5:
>110
my* niy*'
•
(
A Certificates of
>
-
•
I ASu A Du div
1949
deposit—^.——_
A term 1st 4s
1936
J-J
72%
71%
72%
399
M-N-
40%
35%
40'/a
245
J-D
II
J-J
64 rY
>
75% 1
■
71
73
19%
43
A
Certificates of deposit
Wisconsin Electric Power 2%s__*_1976
Wisconsin Public Service 3%s
1971
30
J-J
*96
12'
104% 104%
30
93
"i
■
96%
:
103
104 '/2
79%
99 V2
99%
58%
__
88%
59%
105% 105%
89
344
404
11
80
51%
a
88%
59%
98% 105%
89%
5
80%
89%
155
89%
101%
*102
103
—
Deferred
Included
.1976
delivery ssle not included
j-j
in
the year's
*93
range,
95
92%
d Ex-interest,
in
the year's range,
n Under-the-rule sale not included in the
not included In the
year's range,
y Ex-coupon.
e
Odd-lot
year's range,
r
sal#
92%
not
Cash sale
*
100% 101%
*127
Yonkers Elec Lt & Power 2%s.
101
102%
127
127
^Negotiability impaired by maturity.
tThe price represented Is the dollar quotation per 200unit of bonds. Accrued interest payable at the
exchange rate of $4.8484.
pound
^Companies reported as being in bankruptcy, receivership,
the Bankruptcy
Act, or securities assumed by such companies.
♦Friday's bid and asked prices; no sales being transacted
A
Bonds
selling flat.
'.{•
"
98%
■kn 103
J-J
100
88%
103%
96%.
J-J
A-O
101%
-95
65
-
101
99%
14
-69% 100
67%
97
121
101%
•
,79
j-j
69%
57%
18
.1950
"
.
59
55
.I960
-1st mtge 3'As- series n
101
109
•68
.1951
Gen <fc.ref M 2%s series A
55
100
108
6
69% *
>■
Msy;.
-195i;;
105%
108% V
M-S
.1952
103.
108% 108%
J-D
j-j
2361
1971::
,
A-O
81
59%
—
98%
103%
98%
98
70
75%
87%
—
109%
96
101
98'%
-8%
-10:
79
*100%
101%
107
92%
Wilson A Co l6t mortgage 3s^
Winston-Salem SB 1st 4s_
tWisconsin Central Ry—
fAlst general 4s
107% 107%
;,104 - .105
,
J-D
1989
t
'„■<
95
98
-Wheeling Steel 3y*s series C_—
vV
81
88%
J-J
...1990
97% Y
"
98%
:
__
*73%
M-Jf
98
93'A
25-year gold 5s
30-year 5s
Westlnghouse El A Iffg 2%».
'
*77%
J-J
Nov 1989
cons Rold 4s_1968
Bctoto V A N E 1st
gtd 4s
*106
A-O
J-J
*97'A
m-b
West Penn Power 3%s series I
West Shore 1st 4s guaranteed
Registered
US
9%
1989
® ref gold 5s. series
A
aJ
86%
*102%; 103%
J-J
...1997
A
ser
ms
A-O
Western Union Telegraph Co—Funding A real estate 4%s_
99% 100 %
*104%
>8
Bt lAmii-San
Francisco Ry Co—
-
1991
X'
V-
*106 r
stamped—1955
64%,.
1
*101%
1966
Westchester Ltg 5s stpd gtd
fV Gen mtge 3%s
.
215
"86%
M-M
us
•.
x
94
Wheeling A Lake Erie RR 4s—1949
M-n
1996
85
99%;
100%
Ward
105%
142
1
.
*210
us
1971
71%
42%
100
1st mtge 3'As series B
1971
Walker (Hiram) G a W.2%s debs.1966
Walworth Co conv debentures 3%s_1976
•
43
105% 105%
*141
J-D
1996
gold 6s____
/
100%
97%
RR—
Warren RR
QQ
J-J
stamped_i__194l
!
;
W
V
19%
<>
us
.111969
1961
Gen mtge 4s inc series a
Jan 1981
Gen mtge inc 4%s series B—Jan 1991
*99%,;.. >.'/■
M-a
J-J
us
stamped——_il949
.
8
j-d
debentures
Pacific
Virginian Ry 3s series B
101'
1967
3%s series J.:_;
19
;
;
.
379
1970
1st
106%
__1967
Gen mtge 3 %s series
ii.
63%.
99
1
2%s debentures
ret 3%s ser ,D.ll995.
Brassy
%s—'_.^l;960-
Y
59
99 4
'61%
j-d -X
m-a
1949;
Va Iron Coal A Coke 1st
gold 5s._1949
Va & Southwest 1st gtd 5s
2083
~ .l'i
105
j-j
99
81%
-
r
ret mtge 2%s series E
1st & ref mtge 3s series F
conv debentures
117
-106% 106%
*106%
M-N
4
80
103
100
116
;
*118%
J-J
K "
1
A-O "t
'a
89%
*100% 101
• *-H
'
97
.
88%
j-j
'
30
*98%
1st A
103%
J-J
*
89
121% 124
94% 101
*99% 100
■
j-n
1956
99% 100%
99%
103
Wabash
.1957
St Gas 3%S—..1968
5
97%
89
'88
J-D
11
88
102%
79 %
88
8
88%
_.__1983
4s
1st
3%s
103%
'.;.7
87
-
101
92%:
1
j-j
Cons
87%
101%
103% 103%
J-D
•
23
•?.
A-O
109%
87%
A-O
__._1977
97
r 124
1967
109
109%
87%
1958
.
j
^
j-j
16
94%
-
I960
97%
97%
Vandalla RR
111
108
.1959
1974
K
,124
J-D
106
U
112%
109
113
108
109%
J-J
—1962
A 97%
j.j
.
116% y;
103 %
0
—
,
M-N
1948
-
114%
!■ 97 y«
105%
110%
*104
A-O
i960
.1985
103
.
\*t mtge 4s
98%
3
1975
95%
101%
..
*111
j.n
1975
i
Gas 6s Elec
Virginia Electric & Power
1975
•._.
A P 5s
100
54
.101 <' -vi
105
j-d
\
Orleans 3%Su._1974
.
Rocky Mt
97:
110
*113
Jf-M
1970
Quaker Oats 2%s deb___^
Bt L
2
96%
105%
y 101
Universal Pictures 3%s debs
*102
.i960
3%s series
Oil of Calif 3s deb—.
2%s
101%
94%
*95% 101%
'
2d
96%
Ref mtge 2%s series C_
United Biscuit 2%s debs
•
•t
1
!-
97
M-N
Union
;
11-VA
91
*101
1st mtge 3%s_1964
Coal—
4%a
95%
1971
*
Louis RR—
*v? Providence Securities
♦^Providence Terminal
RR
92 y8
Union
r
13%
11%
f-A
1964
3s
llARutland
77
95%
Union Electric Co of Mo 3%s
1st mtge A coll trust 2%s
2%s
12
101% 101%
101%
j.jj
—.—.1965
d,an 48
102%
U
98%
1949
;..._._1963
J2000
gold 5s
Tri-Continental Corp 2%s debk
*100% 101%
.
...1957
M
_199Q
1st gold 5«„
RR of New
Trenton
99%
1953
series D.z
5®° ®tge3%s
100 'A
94%
105 V
•<*
> a-o
: a-o v;
AAdj
Jan 1960
.Tol A Ohio Cent ref A impt 3%a_1960
V
101V*
98%
J-D
.
~1970
1st ret 4s_
income 5s
100%
11%
APittston Co 5 Vis inc deb__
1964
Potomac Elec Pwr 1st
mtge 3%s„ 1966
lot mortgage 3%s
±
.1977
w
57%
16
114% 114%"
A-O
M-N
,
Third Ave Ry
:
J-D
2%s__1996
1st gen 4s series
A—
lot gen 5s series B—
1st gen 5s series C
Rwding^Co lst' A
.Bmre Copper A
46%
97
108%
15
*99% 100
F-A
mtge 8s__
5
*97%
109%
107% 108%
(
.
Pitts Youngstown &
Ashtabula Ry—
ref
57%
115
108%
i
J-J
1964
1st mtge 4%a series
C__.
1st A
95%
93%
102% 102%
»
Texas; Pacific-Missouri Pacifie
'
102%
J-D
2%s debs
B.,.„
r
104%
27
1
A ret M 3%s series C_
Term
'99
J-J
St West Virginia
Ry—
1st mtge 4%s
series A
1st mtge 4%s series
,
106
102%
96%
56%
56%
J-J
,
..1965
ref M 3%s series B.
Gen A ret
100%
103
P-A
8eries E
.J® ®€rvlce
; l»t t ret *!«
& A "! mtge
111%
96%
F-A
..1985
Texas A Pacifie
*
*115% 118%
J-J
1937
Pittsburgh
♦ A
94%
108%
7
107%
103%
109%
*103% 104%
M-N
..2019
Imp 27/ss series D
A
1st A
.
,
85
67
imp M 4s series C
Ref
103%
■». 94
6
Y 21%
.«
Ref A
103
40
'101% 102%'
1978
debentures
f®n 4%e
116%
91%
105
*104%
Apr
1972
94 y2
112
24
j-j
a-o
1971
Texas Corp 3s deb.
Texas. A New Orleans RR—
111
85
*
1st s f 4s
deposit
A L Erie
■
84%
jr.g
Pittsburgh Consolidation
.
247
109
J-J
.
106
66%
'V"
U-N
Gen mtge 5s series B
3%s
100% 103 %
-,r
U-N
series A
tmH'u mtg# 3%g
11
94%
87'/a
83%
Terminal RR Assn of St Louis—
v
117
104%
91-
F-A
...1981
Plttsb Coke St Chem
115%
94
106% 107
J-J
100%
i, 99%
74
,'V,
103
M-»
C__..._1977
Cons gtd 4%s series
I
Cons gtd 4%s series J
Gen mtge 5s
.101
Co—
St 8t
101%
112
94
•
108% 111
1
100%
A-O
.
Y
J-J
1974
Cons gtd 4s series F_
Cons gtd 4s series G
Cons gtd 4s series H
Pgh dnc Chic
deb 2%s
(N J)
80
76%
90
115
j-j
1951
2%s debs—1985
Swift A Co 2%s debs
98%
26
106
105
(
103%f,
_i967
of
Tel
Calif 2%* debs—1966
Oil of
Standard Oil
•
Pgh Chic Chic St 8t Louis
Ry—
Oons gtd 3%s series
E
r
111
116% 117
,
103
....1974
27/88
^Philippine Ry
Bell
Spokane Internat 1st gold 4%s__2013
Standard
v
•
1st A ref 2%s
1st St ret 2%s
^Certificates
106
A-O
1960
1st A ref 2%s
Phillips Petroleum
Pittsburg Bessemer
A
,
97%
6
117
) J-J
'
.1985
..1971
ttA84u«.ref
11
A-O
..1996
12
103%
25
99% 100%
A-O
.♦
1984
;
Electric
100% 100%
99%
J-D
1952
4s_—
Co
..1956
10
83%
94%
106%
103%
45%
100%
'
J-D
1968
1st & ref 2%s
•
*45
F-A
1965
3%s
Philadelphia
Philadelphia
4&
35%
6%s series A_
87%
83
*91%
J-J
Sunray Oil Corp 27/as debt—_——1966
102%
>;
106%
St Louis
103%
V.'V': T
A...
General 5s series B
Genera! gold 4 %s series
'
98
46%
94%
A-O
87 y8
j-j
977/e
95%
101%
Light Co—
Phils Bait -Ac Wash RR Co^-
*
102%
*103% 105
A-O
1965
series
42%
42%
J-D
1975
Power St
1960
St Pekin Union
Ry 5%s_... .1974
Pere Marquette Ry 3%s ser D_...
.1980
•»V
♦101%
A-O
Southwestern
♦104
M-a
1994
1956
1956
Devel & gen
104%
j -j
j-j
1st cons gold 5s
Devel & gen 4s series A—
Devel A gen 6s series A
102%
54
;
j-j
1961
Southern Ry
97%
336
M-N
3%s
Gen mtge 3y«s series
P..
Peoria St Eastern 4s ext
*
97%
101 % 102%
103% 104%
1986
1996
27/es series E
102
100
—
'
3s_;
deb
95
102%
1952
General 5s serleB B__i
General 4Vis series X>
Gen mtge 4%s series E
{
91%
.34
104%
.1960
debentures..
General 4%s
99%
A-O
Co—
V
.
97
*101%
Memphis Dlv 1st gold 5s_
Div 1st gold 4s
98
7
.■
Airlines—
Pennsylvania RR—
Oone Sinking fund
4%s
,
95
96%
A-O
99%
94 %
95
102%
94%
100% 102
j-d
A.1975
1st mtge 2%s series F
1st mtge
102%
99%
5
1955
Gtd 4s series E trust ctfs
Pennsylvania
Pennsylvania
3s
99%
99%
7
■
96%
101 %
1st mtge 2 %s series G
102%
m-s
5s. 1949
cons
too debs
Pennsylvania
;
J-D
.1986
G A
Pennsylvania-Central
conv
J-D
100%
27
101% 102 %
96%
104
100
.1987
f gold 4%s__
s
(Oregon Lines)
1st mtg 3%s ser
Southern Pacific RR Co—
108%
100%
.1978
Peterson St Passaic
3%s
96%
1985
debs
102%
J-D
1980
_
107%
101% 102%
J-D
1981
3 %s debentures
Paducah St HI
102%
1977
Q
Pacific Tel St Tel 2%s
2%s debentures
3%s debentures
4%s
8an Fr Term
Electric Co—
1st & ref 3%s series I
96
95%
„
*61%
124
98%
96
*96%
•
95 %
124
101
96
71 y8
91%
*120
j-j
97
102
103%
103% 104
*94%
•
1976
95%
98%
70%
95%
93%
2
69%
96
j-d
93%
96
97%
70 Ve
a-o
RR gtd 5s~
Ala
Nor
j-j
100% 101
Southern Bell Tel A Tel Co—
14
10
A
101
1971
Oil 2%s debs
Skelly Oil 2%s debe
Socony-Vacuum Oil 2%a
O
lOgdensburg A Lake Champlain Ry—
A
j-j
1st mtge 4s series A
tSASilesian-Amer Corp coll tr
Oregon-Washington
Raaga
Friday's
or
Bid & Asked
Low
Shell Union
1st
Week's
Last
Sale Price
Seaboard Air Line RR Co—
2%s
1st guaranteed 4s
Ohio Edison 1st mtge
Period
New York Stock Exchange
High
97%
Interest
BONDS
-
Low
No.
High
'
!
Range Since
January 1
Sold
Power Co—
mtge
14
Friday
Bonds
Friday's
or
Monday, May 17, 1948
RECORD
BOND
Week's Range
Last
Sale Price
Low
Northern States
FINANCIAL CHRONICLE
FOR WEEK ENDED MAY
RANGE
New
&
COMMERCIAL
THE
or reorganized
under Section 77 of
.,
during
current week.
•
•
V
THE
Number 4699
167"
Volume
COMMERCIAL &
'V'
i
,
FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
WEEKLY
AND
YEARLY
RECORD
and deferred delivery sales are disregarded in the week's range unless they are the only transactions of the week, and when
selling outside the regular
footnote in the week in which they occur.
No account is taken of such sales in computing the range for the year.
regular
NOTICE—Cash
in
a
following extensive list we furnish a complete record of the transactions
In the
weeki*
weekly range
,,
.
are shown
the New York Curb Exchange for the week beginning on c:nflirrfav
May 8, and ending the current Friday, May 14
It is compiled from daily reports of the Curb Exchange itself, and is intended to include everv
whether stock or bond, in which any dealings have occurred during the current year.
c ' !>ctuluy
on
iruHtv
'
.
■
'/•'
Acme
Low
Acme
Wire
Co
43/4
4 %
1
6 %
6 3/8
6%
500
3%
2%
3 %
3,200
13 7'B
13 V4
7%
74 a
Hat Stores Inc.—
Adam
Mfg
Supply
—
Inc
Alles &
Fisher common-
—
—
Allied
Products
Altorfer
Bros
(Mich)
"1V4
2%
24!,
64b
8%
"l38
*9044
.7
American
Beverage
Book
American
Cities
%
5%
...
43/e
25
20
6544
;
**
&
1%
84.
84
3%
-
American
Gas, Si Electric com.———10
22
%
7 22
Mar
Jan
92 V*
Feb
22
1,050
7 9,10'0
36
Mar
13
Mar
Cables
Jan
.
749% May
IVa Mar
7
iCallite
10
83
2%
Jan
>■
244
1% Mar
: Mar
',"800
7 7
Jan
American Hard Rubber
'
'
.—2
Products Co
——*
American Meter Co
18%
16%
preferred-—.—— +
*
American Thread 5% preferred—.—5
American Writing Paper common—.5
18%
18%
31
Apr
43 Va
Jan
'15%
7,400
7'
200
23'/a
34%
347
35
' 26%
26%
3%
7243%
344
%
IVa
59%
900
7-18% May
32 Va
<
Feb
5
Feb
.——2
.
31
Feb
2,500
X30
Feb
17'/V
£1
Angostura-Wupperman
——1
Apex-Elec Manufacturing Co———1
Appalachian Elec Pwr 4%% pfd-—100 :•
Argus
42%
Feb
77: 444 Apt
777:0% Apr
7
class A non-voting—--.
Common
6 %
preferred
Feb
153b
Apr
7
1,700
'440
7 734
5%
98 V*
17,900
444
70,000
104e May
12%
7 2,300
20
Associated
Laundries
Associated
1
Tel & Tel class A
of
America—
10
Fisheries——
Coast
Rights w i
-1
11
Plywood CoTp———,
Steel Products Inc—r__- _1
31
Automatic Voting Machine—
_•
"5
Avery IB F)
Is
Line
Coast
Co————-
6%
warrants.————-—
.* -.'6%
7 14
721%
-3
7;
Apr
114
May
Va
17 Baldwin Rubber Co
7'-
844
•
1 Va
4 Barlow
Steel
.30
It
Seelig .Mfg—
•
;7L
Mar
.--1
—
.7 34.
.
7.7:,'
l
644 *
Jan
34
'
;'-L
.5%
,
'
rr
7;
34
600
77:9.
6.:'*
7;' ,6V* '*"7
1344
31
1
,
4%
*
Blauner's
7:1
77't
3,400
Jan
'■
—.
"744
—1
Blue
15%
7,-6%
1544
15%
3%
-3%
3 V*
141%
—_i
<
Bohack
7%
(H C)
7
;ir
j
;
7
9%
8%
94*
.
14*
Jan
7
Bourjois
Inc.—
Amer
*
Amer
American
1,500
.
17 V*
r
,
8%
8
9V4
7 8%
10
'
;
: 300
100
Jan
74
67
Apr
19
Jan:
65 V*
750
Jan
74
13
460
54
18
15
18
130
13
18
15%
18
250
12
12
Feb.
10% May
38
May
Feb
74
May
18
Feb
Mar...
Mav
18
Feb
May
13% Jan
10 Va
Apr
3 V*
Feb
5 V*
Apr
7 Vb
-
Feb
844
Jan
13
Mar
12
Jan
23 V*
2244
23%
425
20 % Mar
25%
Jan
63%
62%
64
300
54
70
Jan
17%
16%
250
15% Mar
Apr
18 '.v
Jan
7%
6%
7%
1,900
5 Va
Jan
7'/e
Apr
7
6%
7
2,700
Jan
7
1%
3,600
5'/e
%
Feb
1%
80,100
31%
Feb
144
17%
1%
57%
49%
58
2%
2 VB
2%
900
144
2%
21,200
8%
8%
100
4244
1,600
Mfg
2%
Mfg.———4
Corp common—.—20
& Lambert
May
13% May
Feb
11
Feb
9 Va
Apr
Apr
58
11% Mar
1,700
1,700
41 Va
V
41
14
18
Apr
Apr
2%
Apr
Feb
2 V*
Apr
7 V* Mar
10%
Jan
4644
Apr
144
Feb
1%
24
Jan
,6
Feb
744
common———•
Cockshutt Plow Co
h
-
v
Jan
7%
-
warrants——i-
5V4
r—725
"34%
—
'
>
Inc——>.1
Hotel
344
Feb
644
Jan
2,700
6
Apr
4 Va
5%
Z 15,900
344
Feb
-,
"34%
34%
1,050
29%
Feb
!
4%
Feb
r
A
Jan
•
4%
444
Southern
444'
;
"
& •'•■
%
warrants..
-Community Public Service———
25
Compo Shoe Machinery—
7, 7
7. •&
8,100
3,200
7%
7
Co.^^i..——1
Sand & Stone
Z 6
10
,
: 744
5%
•V 7%
————:—1
Airlines
Feb
644^7%
5%
Development ordinary————
Vtc ext
»
to
29
28%
65%
Consol G E L P Bait common.——*
-4 Vo
.
29
100,100
Apr
May
v
844 Mar
7%
Feb
5% May
38Va :Apr
5
Jan
%
29
25% Mar
800
;;
6
r
.
*
Z" 4,000
%
113
Gas
7 V
17
,
•
Jan
,.
May
Jan
3.44' Apr
,7
142
Apr
,
Apr
May
98%
"91%
2%
1
"Continental Car-Na-Var Corp
744
Feb
r
f
Copper; Range Co.
Cornucopia Gold Mines
Coro
8%
Apr
&
10
Inci—————i—
1'
Reynolds common—
*
preferred class A
1
Cosden Petroleum common
7—
5% convertible preferred— ..50
,-444
36%
36%
50
33% Mar
7 43
Jan
Creole Petroleum—————
Mar
125
Jan
Croft
Jan
Crosley Motors Inc—
Crowley Milner & Co
118
2644
25
118
2644
10
113
30
24%
•
9%
18
10 Vb
'
15%
18%
5,200
10
1044
12%
Apr
13% Mar
1,400
12%
Apr
200
2744
11
Jan
18% May
•
33.
Crown
_£1
(ord reg) ..£1
1
.19 Vb
1944
1,000
Cent
—
!
A
944, 10%,
4
VB
'
1
844
r
8,100
'
Feb :
Mar
,
1,700
;
.
.
<■
:
44 May
3 Vb
Feb
15
;
Internat'l
"A"
Apr
16
Feb
20%
Apr
Feb
13 V*
Jan
Curtis
9% May
12%
Feb
Curtis
Atlantic Sugar
Co
(Mo)
3%
5
common
46%
48
1V4
2,500
7
15%
7%
''
15%
50
200
2%
•
350
—
...5
5 Vb
3
Mar
19
1%
v
Jan
10V4 May
*
.
744
Apr
8
Apr
15% May
344
Jan
3
Apr
33
Jan
19%
Apr
104 V*
Jan
19%
8%
8Va
100
7 % Mar.
4%
100
4% Marq
154*
150-
,
•
16% Mar
10044 Mar
.
*
Jan
Apr
26
18%
4%
Apr
1% Mar
„
2QO
20
6,300
15
Apr
4-- ^
48 V* iApr
Va Mar
33
,
,
Feb
13
31
.100
—
•
Feb
5V2 Mar
3,400
3%
3
Feb
u
,
<•
-4%
,r
1
900
'7%
.7%
Feb
614
;
13,400
Feb
37 Ve
12,400
1...
10 %
IVb.
7
2%
ZZJo
Lighting Inc common
Mfg
15%
0
...
common
...•
'.25c
partic.
Crown
Crown Drug Co common——;
Crystal Oil Refining common
$6 preferred
:
Tobacco
1%
7 V*
Jan
preferred
48
•-7%
Apr
5 %
Cork
4%
i
May
8%
54
Mar
46
375
'
Jan
4% May
Jan
10,200
.%
ll%: Apr
v;
Jan
4%
n,
Jan
2%" Jari '
;
Apr
14
944 May
13%
7,300
8
"52%
"
,40
Feb
1,200
4%
14% May
» -
2 V* Mar'- :
1,600
2,650
15
14
'744
III
11% Mar
11
v
11%
30
300
.
2%
52 V*
(Md)——— —5
Petrol
12 Va
15% Mar
Apr
./ Apr
2% Jan.
Feb
-
13
52%
10%
23
Cuban
1944
—5
Brewing Co
Feb
Cuban
—El
dep receipts
Feb
•
—
Aifterican
14 Va
*
-
35
;
Courtaulds Ltd—
Jan
8%
22
-4
Feb
,
9%
_»
98 Va May
2% Mar
6,100
.,14%
', 744
—
8VB Mar
Va
15
SI
244 Feb
Jan
12%
•,
32% v34%
5c
v
2%
13
34%
2%
——-
40,000
9%
v.' .v2V«
>
'
13
:
*
Cooper Brewing Co common- i.-l
Jan
10 Va May
344 May
100
-
1044 May
Feb
V, 2944
103.44 May
Jan
72%
1,500
3%
844
3,225
1,800
35-
14%
1
Continental Fdy & Machine Co——
Cook Paint & Varnish Co._^..-.^—
Jan
Jan
3%
34%
100 V*'Feb
6,700
.
'
Apr
718
344
35
40
Z1:
98%
.
Apr
70,
Jan -'
113% May *
10744 Mar
"
10%
Ltd—5
63% Mar
80
100% 101%
8y»
Feb
1,800
9%
Oil-.——7-—-10
common——.*
;
33
;
66
103/*
Consolidated Steel Corp
644
1,650
11244 113%
100%
& Srae|t
10%
22
,
6'4 V4
7%
——100
Utilities
Consolidated Royalty
•
r
{ *7%
———1
preferred series C_-_
Consolidated
.
7,7 400
36
7 V*
———1
1956—
9%
——-
dep rets ord bearer—i
dep rets ord reg
Jan
Mar
8%
81
84b
150
Colon
Apr
744 May
8% Mar.
6% Mar
*
Co—
1
18
15%
13%
14 Va May
t;
Tobacco—
i
7%
38
7444 Mar
37,700
.
17%
344
1
(
10%
10%
9 Va
—
?»or footnotes see page
150
1244
94 b
Light & Power
Oil
X544 Mar
Mar
10 V4
1
Brillo Mfg Co common
Class A
British
6
79
9%
18
——,.—5
Co
——*
Corp common
British-American
1044
.——10
3%
—
Bridgeport Gas Light Co
Bridgeport Oil Co
Jan
16,V* Feb
82 34 Apr
common—...
~3%
common———*
Brazilian Traction
4,400
7%
17%
Colonial
'i- Colonial
Jan
6 V4 May.
Jan
7125 V* Mar
850
16% Mar
1st preferred———_100
Breeze
Jan
644
Jan
13%
»
Mar
;711
/
Jan
Apr,
-
Borne, Scrymser Co__
6%
31
17%
Clhichfield Coal
Apr
14
•%HV4 Mar
..1,000
13&V* 141 Va.
—-—-—3
& Co common
Co
Jan
110V* Jan
4% May
5 Ve Mar
50
Club Aluminum Products Co—--——
Jan
36
7T.7 544 Apt:;
500
1
Fdry It Mach Co corn.*
(S)
Apr
.
Apr
May
58
10V4 Mar,
19
common-.———
Ridge Corp common—
Blumenthal
6
Apr
100
36
79",
common.
Controller
Cla-yton
May
715 Va Jan
Feb
51/*
V«.;., 7-„ 150
6%
7' 200
Hedges common..^:
preferred
:
common.—
3%
May
.
53
Apr
Jan
1,000
5Va
36
Corroon &
'
4%
54*
4%
544
4% %* series B preferred......—100
Convertible
Inc
50
10
3% May
48
9,000
Co.—
——1
Claude Neon Inc common..;—-——.—1
6% Apr
8 Va
:
Feb
4V* Mar
13
.100
Benson
Bickford's
"4%,
May
m
Jan
-
May
644 May
■
7 Jan
Mar
7 10%
77
644.7 55,400
l
^1
Birdsboro Steel
"3%
1
Clarostat
24
50
,
1
Benrus Watch Co Inci———♦
(
Feb
Mar
8%
Products——.7_i..l
City Auto Stamping
Apr
25 Ve
15
7
1
i—i;-
7 Bell Tel. of. Canadar:::!-—-—
&
20
City & Suburban Homes———.—10
7*61
Feb
Feb
Jan
Clark
Feb
.--O
Shoe Corp---——,
7
i
3,100
IIZ10
Consolidated Mining
U'4 Bellanda ;A&c)*aft common
V*
4%
48 Va
1 V*
35
.i_— .2s 6d
common—. ——1
Cities Service common
"
Co common-;
Beau-Brumnwl'Tie^ coinmon_.
<A 8)
3%
4%
10
—5
-10
Chicago Rivet & Mach,
—J.——4
Chicago & Southern Air Lines—
'
Voting trust ctfs
*
Chief Consolidated Mining———1
Apr
Feb
77^7'7'717;777''-77:77''7«7
Baunqann <L)'
7 Beck
.
777^710,77
1
—
$1.20 convertible A common.
:4- Basic Refractories IricT.—i—.
7
'
,
-1
common
Corp^—.
500
,
Corp common
■}«
Feb
"-''45
225
;
108 Va
-1
common.
Chesebrough Mfg
444
Apr
644
Jan
10 % May
-
17 15%
1,400
11% May
,11% May
,
•American .Shares——LI,
?
7
Jan
Apr
•
Banco de los "Andes— '■ "7 ?
/ BarUrm
v
;
Commodore
58 4.;
13,000
944
94a
preferred...—-——7—100
7 Commonwealth
56%
2%
48 Va
48 Va
—>
& Co.
Cherry-Burrell
Jan
Baldwin
7 %
*
;
1%
47
V!
Co new
( A M)
Charis
8V2 May
B
J
9%
7—.
Colt's Manufacturing Co
58
Locomotive—
r •
preferred
——.
48%
■;
Light $5 pfd—;
7 Colorado Fuel & Iron
■■•f *,Babcock -It Wilcok-Co
•2%
J *
mil
preferred—100
1% preferred
.— 100
Conv pfd opt div ser
___100
Conv pfd opt div ser 1929—
..100
Century Electric Co common——10
Jan
'
'7'V''7777,%"t7i,l
,:'"7V,,7r!"777
f'/7:
MC'.7." 7777
5 r.?.;.t7:';77
:7.-:7'.
'W7.
477. .7 •;77;,77,; 77r77^;A777 ■ 7:7-r '!• 7'77f'r
—7.1
.
gCentral States Elec 6%
84a May
10V* Mar '
2,400
Mar,
200
7-2444
7
24
May
xl4Va Mar,
8
8%
Feb
4%
'77 600
14%;
Apr
May
18
-100
_7.
Products
Va
22 44
600
\t
344 Feb
-
"14
;
*
8%
Apr
24%
-
W)
Feb
Feb
844
13
2%
100
11%
.May
Apr :
20
>
,.9/
Chamberlin Co of America—...—2.50
20
.52
3,200
7 400
544
10%
Feb
4
Jan
Xl4Va Mar
Jan
Feb
1/128
31,800
8
| 13
preferred—i————— 25
Ayrshire Collieries Corp com—
:
8
Jan
8
.
244 Mar
600
710%
2% Mar
7.
31
28
'', 5%
Jan
7%
Feb
7. 644 Mar
200
2,300
v
Feb
6%
250
7
11%
5%
% Feb
1,200
644
5%
Automatic
& Sons common-—
600
950
3%
5944 x61
•v';
Apr
2Va
' 25
12%
Feb
6%
rl/128 rl/128 7 4,000
——
X61
AtlasCorp
7
10%
■
11
-
4%
12%
>
18
11%
10 Vb
100
1
9
3%
3%
50
Atlas
-
44,500
7 Vb
?-'o
■
11%
22% May
16% Apr
4%
5%
.'77 4% Feb
400
7%
IV*
Feb
18
Cessna Aircraft Co common———1
Feb
844
8%
10%
18%
;■>
344
3.900
,
104% May
Feb
112
dep rets reg—-—-£1
American
Atlantic
Jan
•
19
:
Ltd—,
3.50%
Electric Industries—
Associated
Atlantic
4Vb
7*
3,900
12
•'
-1
Apr
100
18*
Central Power & Light 4% pfd—100
Central & South West Corp—
5
Jan
12%
;
Jan
744
Power It Light $7 pfd—.
Equipment Corp————2 50
4
May
8% Feb
Arkansas
Aro
Ashland Oil & Refining Co——„
17%
3
10%
10%-.
1244
:
,5,600
11%
7
common.
Central Ohio Steel
7
"
225
11%
4%
May
Central Maine Power Co—
GVa May
700
8%
••
10
.
f>%
8%
Natural Gas common———•
Arkansas
300
7;
,
20
11%
Catalin Corp of America
5..,-Jan 'r
^,9. :Ain
6%
1744
8.40Q
—
dep rets B ord
(J
Castle
59 Va May
r
8%
4%
—1
Inc
Feb
1 Va May
Feb
103% 10444
%
Amer
Casco
Feb
3
444
7 1,900
77":,7 k; 500
3%
ih4
104
!
IV* May
Jan
3%
1244-Feb
common..
—
Power &
Carreras
Jan
6%
11 Vb
17
Feb
12 Vb
344
Marconi——
Carolina
36 Va
300
164*
23% May
Mar
2 V* Mar
—-120
Carr-Consolidated Biscuit Co
726% May
4% Jan
7..-.V
'73;
1
Mar
-
%
.—*
common.
4
Carter
6
6%
13
*200
7
7%
1944
.2.50
Jan
% Mar
7%
2%
,
5
Capital City Products
Carey Baxter & Kennedy Inc.^.-.
36
18% Mar
28,700
7
51Jan
387
150
644'
1
Angerman Co Inc common—.
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg——.
16
*
preferred
Carnation Co
,.23% May
Mar
500
7%
Carman & Col.!—
•
Apr
,
Anchor Post Products
^
Ltd
preferred
Canadian
!
Jan
17 V* Mar
Feb
17%
82,300
52%
:
Feb
May
3
300
1%
31
14%
700
•
47"'.,: 7
35%
63*
6%
1
Class A voting—
7%
Apr
32%
34
444*
12%
May
11% May
1700
12Vb
May
28 L
6%
1
:—
Class B non-voting.;——
Canadian Industries Ltd—
Jan
7 18 Va
Mar
7 23%
Z444
,7>. 7
2%
11% May
27
174000
=2%
Feb
2% Mar
,
Apr
; Feb
23 V8
f
iia
5%
2%
w7.
43
Jan
May'
10% Mar
Canadian Industrial Alcohol;—
Jan
40
16
500
.
24e
.
7 29
36,400
V
Feb
Canners
Convertible
7
Apr
7
434
.'.-45%
; 7
244 May
25% Apr
17% Mar
1
—
preference.—
Canadian
Jan
200
1644
■7 47
2 1 44
13%
ii/„
7
—£1
pfd
Ltd
Co
Canada Cement Co Ltd
V
39 % May
500
;
71;
4%
series
$6
17 V*
30 V*
31
22%
_w
16 V*
25%
xll'V•'2*100
23V*
2*900
13%
'50
xl.l'V*
.
Wireless—
Bread
6%%
Jan
112
Jan
33
loo
16 V2
10c
com—
1%
1.700
7
3/4
common—.——2
Seal-Kap
Amer Superpower Corp
2 Va
364
4%
16
* •'
—-——10
Republics
American
"Apr
16% Mar
,v
•
B—
Class
American
!.
class-A
Chem
&
7
Feb
109
31
American Maracaibo Co—;—....—-1
■American Potash
'"''■31
325
39%
Light & Trac common——25
preferred25
American Mfg Co common-:-—-!
25
Metal
11,400
17*
6%
American
7V 550
7 30
American
•
17%
C6_j—■*»—-25
Laundry Mach—...I—J...20
4 175
—25c
Tungsten Corp
Canada
Jan
90
5% Mar
7,100
39 V2
36.
&
Camden Fire Insurance
:
:'j
2,000
6%
7'244
28
—*
Calamba Sugar Estate
California Electric Power__T—
"
2%
2344
—.2.50
American dep rets 5%
Jan
25
Feb '
9
X37%
"
27
7 Cable Electric Products common—-50c
96% May
111% 111%
39 >'2
111 Vb
-———100
American General Gorp common—10c
convertible preferred——1
$2.50 convertible preferred—1
'300
Apr
*'
Apr
Apr
65 44 May
50
17%
?
p refer red
American
5%
•
American Fork & Hoe:-common—.,
7 -v-444 %'
67 b
9100
27
Burma
•
''-Class B_l—-——1
11 400
11%
2544
Burd Piston
Light— /*
.r
2544
X044
Jan
23%
Jan
1%
3 % May
Apr
14
Feb
2
'
20
100
2%
Jan
-
iw*
84
-
320
2 %
27
•
—
Bunker Hill & Sullivan
_
Power
High
May"
Apr
300
12'/«
Z i%,..
'
22 V*
n%
2,50
common
Butler (P H) common—
Apr
22 Va
_2%
23%
May
6%
2
25 V*
Ring Co
^1
Corp Amer dep rets——
Burry Biscuit Corp—_—„„12%c
100
4944
>•:
2-
.———.100
23
11 VA
m
common—
Co
96%
44%
•4944T
new
2 700
1
common
Co
2%
93 Va Mar
17% Mar
•,
7,400
22%
12
6544
96
—*
•
L)
Buckeye Pipe Line
Jan
,4%
Low
2V8
1
Mills Ltd
Jan
-
Range Since January l
High
"
loo
7'-v 700
-
61
2244
(E
Bruck
Jan
244
6
21
95
Shares
22 V*
_*
May
8 %
Feb
Feb
87
4,700
Bruce
Apr
Apr
3%
for Week
2%
•
Brown Forman Distillers
144 Jan
i
Jan
10s
reg
Class B—.....
Apr
3% May •'
36
Jan
79
•'
■
Apr
2
120-..
9%
Feb
/
.1
5,000
~3% ~3%21
•
American
American
3
'
Co_—*—
Car
Bantam
500
,
.
9044
3%
—1
common
dep rets ord
Apr
14
Range
of Prices
Low
'
.
Sales
Last
British Columbia Power class A
3 Va Mar
6 V* Mar
*
Industries
7%
Jan
xll% Mar
.
4,800
,
95
94
j
"41/4
1
Corp—— 1
5
Aluminum Ltd common-——-
Amer
Mar
35
Week's
■
British Celanese Ltd— 7
57/b Mar
Jan
'.'
■■
Sale Price
,
Exchange
Par
Jan
17/b
100
3
95
-
Aluminum
3Vz
44's Mar
200
3%
8 Vb
America
of
^CK.S77
Curb
,
York
High
-
Mar
2
3% Mar
1,000
74/«
1%
common
common
Co
-
36
common—*
$3.75 cumulative preferred-—100
Aluminum Goods Mfg———r,—:*
Aluminum
400
14
"
Allied Internat Investing
100
4'44
3%
—
Airlines
Friday
,r
New
Brown Rubber Co
Air-Way Electric Appliance—...-—3
Alabama Great Southern
.50
Alabama Power 4.20% pfd——.—100
Alaska
2%
31 Vz
1
Agnew Surpass Shoe Stores—,—
*
Ainsworth Mfg common
5
Air Associates Inc (N J)
1
Air Investors common—.
■»—-2
Convertible preferred
10
§Aireon Mfg Corp common
——50c
60c convertible preferred-————10
Aero
Low
2%
1
10
common
Range Since January 1
High
2%
Alloys
Aluminum
Sales
Shares
'
,
for Week
Range
of Prices
Par
ACF-Brill Motors warrants
14
,
Last
Sale Price
Exchange
Curb
York
New
RANGE FOR WEEK ENDED MAY
Week's
Friday
STOCKS—
7'";''
-
■
1344 Mar
,,
.
;
9% Jan
8
16V*
Jan
Jan
,
..
YORK
NEW
Friday
New York
Low
.*
Davenport
■
.
.
Hosiery Mills
8%
6%
10%
7Vt
10%
Detroit
Steel Products
Manufacturing
Detroit Gray Iron Foundry
:
Dobeckmun Co
Feb
28%
10
10%
400
9
Mar
11%
2%
2%
22%
2%
Jan
Feb
23 %
Apr
Jan
13%
Jan
2% Mar
4,400
22%
18%
12%
2%'
22%
1,000
~7%
50o
6%
7%
11,100
7 % May
5% Feb
v
Rayon
Brewing
£1
reg
14
1
9%
3
Dominion Textile Co Ltd
14
14
I
common
3
14%
10%
*
Corp
10%
12%
Jan
3%
Jan
Apr
11%
12,700
16
Feb
"9%
Mar
Jan
38
74% Mar
79%
325
38
38
100
33
*
78
79
50
•
Co..
78%
Feb
11%
Apr
79 % May
78
May
£1
8
Jan
8
Jan
Durham Hosiery class B common—
Duro Test Corp commen..
•
12
Feb
14
1
4%
4%
4%
700
3%
Feb
4%
Jan
•
14%
13%
14%
600
12%
Feb
14%
Jan
Assn
•
common
4%%
10b
6%
100
prior preferred
preferred
preferred
series
;
82%
79%
78%
82%
3%
4%
78%
78
78%
71
68
71
shares of beneficial int
82%
58
2% Mar
1
•
Electric Bond & Share
5
common
Electric Power & Light $7 2d pfd A__•
Option
54%
12
56%
13%
14"%
141
warrants———,
Electrographic Corp
Electromaster Inc
Elliott Co
new
^1
common
Feb
79%
71
14%
13
5%
14
6%
Feb
8%
1,400
6%
Feb
8%
Apr
14%
15%
1,100
13% Mar
16%
Jan
9%
15
...
10%
10%
5,500
8
13
1,000
10
Feb
10%
10%
2%
Mar
12%
13
25
10%
10%
10%
1,600
96 %
96%
97%
310
~6%
~6%
6%
500
48%
49%
250
-
9%
10% May
13%
Feb
Feb
6%
Jan
10% May
98%
73
Apr
71
Apr
Apr
11 %
Mar
96
Jan
12
9% Mar
10'4
Apr
May
Feb
7%
Apr
48% May
55%
Jan
Feb
9'/a
Jan
Mar
4%
Apr
28%
29
150
24
Feb
29%
Apr
19
May
20%
Apr
*
_*
*
Co
&
(Geo A)
common
Co
preferred
Mfg
19%
19%
600
77%
79%
5,500
x65
3%
400
3
13%
13 %
14
42%
75
7
6%
1,400
32%
31%
32%
475
2%
2%
2%
400
23
.
-
19%
23
27 %
28%
56.
56%
11%
13
Jan
May
44
Jan
7
May-
4
Apr
5%
50
Apr
7%
Jan
31% May
42%
Jan
Feb
2%
Jan
2%
16
1,100
■*;'
4%
14
Mar
41 %
7
Apr
80
Jan
9%
5%
—
19% May
19% May
1,200
6%
.—
Jan
109% May
Mar
42
preferred.— —
Hydro-Electric Securities—
Hygrade Food Products
35%
Feb
3%
Jan
Jan
148
Jan
19%
common.
44%
Feb
Feb
-
31% Mar
79%
Co———— lis
Refrigerator Co
100
105%
(Harvey) Inc new common. 4- 5
Refining
———
&
140
10
•
33%
100
Oil &
Lock
143
,33
—
—
7%
41%
143
Hardart common.———
St
1st conv
25 ft Jan
Feb
,
Apr
3%
4,700
■44%
45%
350
X96% x96%
10
..1
8%
5
14%
13%
14%
24% May
1%
2%
42
Feb
46
Jan
98
16,600
——l
43%
l
8
7%
1%
30
6%
1,500
Feb
1%
225
*
8
Jan
14% May
2%
Mar
41
1,300
Feb
6%
1%
10,400
1
Apr
75
28
^8%
ft 3%
Jan
Apr
Jan
—
18
Registered
(MH)
14%
53
-
5%
7,300
8%
Jan
32,300
7,400
3%
J an
T.
5%
18
-
13%
14%
51%
53%
3%
2%
:
3%
38
38
16%
10%
17
2
Jan
34
Jan
4
3,900
50
ft
Jan
/
—1
dep rets ord
—£1
reg
Canada-
Ford Motor of
_•
France—
dep rets bearer.
5%
4%
5%
2,100
22%
21%
22%
1,400
16%
20%
21%
150
18%
Jan
4
;
3% May
Jan
1%
•1%
% May
<
5%
.
9%
9%
9%
15%
14%
15%
1
I
V
.
5
2
!
400
7%
V'l
10%
9%
Feb
11% Mar
750
7% Mar
— -
..
10%
..
25
■
Apr
2
ft
100
...
r
13%
14%.
3,000
V
37%
87%
Feb
8%
9%
4.000
2%
2%
2%
5
Feb
1,700
4%
Apr
84
30
9\
25
_
9
16%
1
conv
preferred
General Electric Co Ltd—
14
*
Supply Corp com—1
.*■ *
;
common
6%
„—•
pfd
4%
26
87
24%
26
5,800
"ft 175
6% Mar
V;
General
Public Service
$6
General
7% Mar
*i
31
ft
12%
Apr
Jan
16 %
23%
Jan
7%
2,600
33
31%
33
■
——
pfd
-100
5%
26
9
Apr
Jan
35%
Jan
105%
1,700
3% Mar
8%
10,900
6% May
1
com
•ft' 95
~4%
•
3%-. 5
91
112%
4,100
92
50
112% 113
150
3%
4
3,800
Feb
84% Mar
110
Mar
Apr
2% Mar
5%
x9
21%
52%
•
800
60
.
22%
Glenmore Distilleries class B
II.
Globe-Union Inc.—
—
Gobel (Adolf) Inc common—
25%
22%
16%
15
13%
12%
2%
2%
45%
-
Corp
Kobacker
Jan
-Jan
11% May
1% Jan
Jan
18 %' May
4% Jan ':.
7%
Apr
1%
Apr
V
ftg
-Feb f
ft 4% Feb
2,800 i
1,700
v
,,
■
'•■4%
loo,
.
ft 4%
Feb
135 W'
V
ft,
9%
■"
20%
Apr
8%
Apr
6% May
Feb
100
Jan
7%
i"
Feb-
ft,,'
5%< Apr
25%
Jan
-15 %
Jan
;
*
45%
100
"
Apr
vftft 5
May
96%
,
Jan
Laclede-Chrlsty
%
11.10
conv
pfd__25
Jan
63%
8
110%
Feb
5
Jan
5
•
"loo
_II_25
common
42
Development
(RG)
Inc.—:—
ift.ii
25c
100
Groceterias class
•
101% 103%
110
Class
B_^__
Longines-Wittnauer Watch Co
Long Island Lighting Co—
Locke
Steel
C
Chain
Jan
v
i,9
Jan
Feb
Apr
9% May
ft
Mar
.21
56 *
9%
Jan
18%
7%
13
Common ctfs of
,
Jan
Jan
65
19%
May
18%
Feb
9
Apr
-
50
26%
ft. 8%
1,000
9%,
25%
Apr
23%
ft 22%
50
Apr
22
ft".
22%
.
150
Jan
Apr
19% May
28% May
30
Jan
9% May■V 23% Apr
Feb
ft
Jan
i%
ft
Mar
ft;t.7% Mar-
Apr
22%
15% Mar
*
Apr
6%
10
15% Mar.
18
Jan
23%
.
1;
Apr
:
Jan
24
Feb
.6
■
ft. •3,000
28
23-
—5
Jan
Jan
May
:
-.10
;
Feb
110
Apr
Apr
36% Mar
140
-I
Louisiana Land & Exploration......—1
*
Louisiana Power & Light $6 pfd—
21.
2
16%
5
ft 7%
Corp..^..
Maine
-.
22%
Apr
26%
Jan
20
Feb
ft
18"
.
•:
...
' '!• ■'
Public Service
Co
Feb
<22
May
ft
8 V* May
8%
Manlschewitz (The B)
9%
Jan
Mapes Consolidated Mfg Co.^ij....
Marconi International Marine 5-.:--
'■*
-
54
51%
19%
% Mar
31,000
200 ;
57%
50%
ft, 7%-Mar
"1,400
21%:
-v
225
49
a
Mar
44
Apr
30,700
.15
10
110
400
15
Feb
2iy4 May-
7%
ft 1,300
•vft 5%
Feb
7% May
Feb
17% May
x6%
: i6%
15%
17%
: 700
13%
15%
-1,200
Co
>
—
35
£1
Jan
Jan
Jan
16%
16
-
15
Feb
-
.
Apr
34 ft-
'. 35%
,
1,600
12
Feb
21
1
common
1
60
55 %
110% 110%
.10
Mangel Stores
Jan
9,900
22
7%
; 56
51%
Lynch
Mar
Apr
8%
ft 21
•
ft—
7% preferred A ctfs of dep...
6% preferred B ctfs of depl_—_w_
44%
>
22
dep
Mackintosh-Hemphill Co
105
x26%
ft-
100
..
28
■
•
Communication Co Ltd
page 33.
x25
*.
ft
% May
99% Mar
16
Feb
22%
.
Lone Star Gas Co. (Texas)—
May
.
.
26%
9 %
*
A_.
Jan
8
101%
28
10
•
Jan
91
ftl8%;"
-25
preferred
28%
133
i«
20
i,
19%
t
Brothers common..
91
80
Jan
May
11%
<
'
Lipton (Thos J) Inc 8%
Feb
•fa Mar
9
21
/;■
j_5
—
Apr
300
7%
_i.
.j.
•
—
Corp..—.j.—
Jan
200
9
Feb
1,400
41,900
50%
42%
xl4%
ft 2,100
-ft 700
Jan
107
Jan
' Apr
<
17%
ft,1-. 9% May
9%
,
i 12
3%
105
-ft
Material ;'Co_.—fc:
Loblaw
135% 138
42%
8%
21 %
B___
Tourneau
Lit
107
Apr
Mar
23%
Jan
ft ft
Le
Apr
Jan
138
Apr
Feb
Mar
6*A
-25
Lionel
Feb
16
3,200
'■ft. 200
May
Mar
lfj
ft J 4
8%,-:
>■
9%
<24
7
ft 3,300
9%
Oil
12%
ft' 4:, 200
10%
8
ft
18%
1,500
15%
8%
—
Leonard
6% Mar
Tea-I
Gulf States Utilities
$4.40 pfd
Gypsum Lime St Alabastine
'
9%
?15.%
ft 9%
-
15.%
—1
Line
13,100
6%
14
100
100
Jan
13
'20'/2
4,600
14%
ti
Apr
Mar
13
125
14%
17%
'ft: 550
ft9
ftft.
21%
10%
8%
14%
ftft"
Jan
15%
ftft-
9
100
6%
Feb
17%
ft'ft
21ft?
ftift 20 %
21?
—1
15
19%
1% Mar
11%
21
May
13
14... Mar
2,200
'ft
''v
ft'ft 14%
;,
—
Jan
Mar
"ft- h
'■
'lO
—
12
50
r
ft
IA
22%
May
200
Mar
-• Jan
-
18% May
4% Jan
3% Mar
9,400
13
16%
r,
22%
2%
65
2,500
4%
4 ft- -;
41/8 ft
"12% Mar
ft 1.500
21
12 %
63%
jdO
18%
'.ft';:;6%
31%
Feb
54
Jan
.—5
29
Mar
Feb
37%
—5
Class
Apr
6%
103 "if Jan
45%
10
La Salle Extension
Lanston
Feb
300
99% Apr
20
ft .ft 20
21% May
14%
8%
*
Company.
Feb
54
8%
,ft
39
17%
—1
Lefcourfc
54,700
Jan
Apr
49
;1%
-'.
Lagendorf United Bakeries cl AJ
1,300
%
9%
11%
*
117
1,800
.1
stock
—
Lakey Foundry & Machine
Lamson Corp of Delaware—
1,300
%
"".ft ft-1'
——'— —1;
—
84%
IHl
ft '
Jan
"
Apr
Feb
9
500
Feb
Mar
17
■ft l5y» Feb
7% Mar
48%
ftl8 Va
-1
54
42
200
17% May
39
:.l
Ltd
Lake Shore Mines Ltd
21%
50
11% Mar
'ft
16%
45%
16%
ft
125
123% Mar.
Jan
13%
3
:
101% 102%
■•
:_1.V "17-.--
May
Jan
ft:
10'
Apr
6,000
24
¥':
II
10%
48%
..1
52
Jan
II
.100
.---I.
common—
Stores
ft J 16%
16%
.100
—
—
Monotype Machine..——.
University..:
Realty common.
18
56,400
11%
,10
,.".124% 124%
..
Mar
3,300
29
50
1% 1st preferred
Great Northern
Paper
see
'in- 1,900
Jan
I
2%
.% Mar f
1,100 7
u
12%
.ft''ft:
22 Va
!_•
Grand Rapids Varnish
Gray Mfg Co
For footnotes
16%
j
Jan,
17
u.' K*b : /
:
Apr
13
ft
•(§ Mar
9% Mar''
575
Jan
24-
K ft:
•
*
—
D
—
♦4.50 prior preferred—IIII.IIIl
Goldfield Consolidated Mines
Mfg Co___
Ills
Krueger Brewing Co
29
29
Gorham Inc class A.
Gorham Mfg common
*
11
20
52
Gleaner Harvester
Corp
Glen Alden Coal
Godchaux Sugars class A——
'» Feb
2%
107%
4
2144
Co——...„_I.—I"
Grocery Stores Products
? '3,000 '
«
7
6:
.
—5
(D Emil) Co common—.
Klelnert (IB)
Rubber Co.—.
Jan
Feb
—-
Klein
Mar
27
preferred
preferred
Knott
9
4%
...
common
ft> Feb
58%
12% May
2,600
1 l/a
Mar
ft 9% Mar
;
—
Kirkland Lake G M Co
May
8
Co—
King Seeley Corp
Kingston Products
Kirby Petroleum.—
May
Apr
Jan
6%
Preferred
5%
7'.
11%
Kings County Lighting 7 % pfd B_. .100
Apr
6% Mar
3%
Giant Yellowknife Gold MinesGilbert (AC) common-
Great Atlantic & Pacific
r-
—1
Kennedy's Inc
Key Co common...
Kidde (Walter) & Co_——
Kimberly-Clark Corp—
87% May
10%
98
400
preferred L*
& Co
;
7%
preferred——
Non-voting
6%
8%
Georgia Power $6 preferred——
Graham-Paige Motors
M
ft 9 % Mar
•
1,300
';: 6%
i
<15
23% Jan
/J.1:;.':5% h/u-i'&ft "-:5%
Co———-—21224fy
*—
St Kokenge
Kawneer
Apr
5
Feb
"4%
Shareholdings Corp
Goodman
$.
29,800
.vl%
14SU
Mar
96
103% May '
,4 '4-y
'
Kansas Gas & Electric 7%
,;.-V
ft ft
.ft ft
Apr
15
3%
1
$6 convertible preferred...
B
V-
;
'.
J'i
i(.
Kaiser-Frazer Corp.--
2% Mar
com—1.50c
new
Gladding McBean
T
J V
Jan
19
v.
1% Mar
7%
7%
100
—_
Plywood Corp
Gilchrist
-.l%
■I.;.63a 7';:,. 6%
lA'
»
„
General Phoenix CorpGeneral
r-1,200
700
«4 i8 U'18%
18 %
Apr
Jan
v
Amer
dep rets ord reg...1
£i
General Finance Corp
common...Ill_l
V 5% preferred
series-A.——
10
General
Adv
Feb
12% May
-
I3%y .; '.12%: rl3%/^ -'■1,200
./l%,.-.;
Jan
95/a May
Mar
8% Mar
1,300
•
Gellman Mfg Co common..—.
General Alloys Co....
Outdoor
_
I"1.'
Preference
;.
4% %
Fireproofing
Feb
92%
900
f
Jefferson Lake Sulphur Co-'i=2-—XI ;v.6% / 6%
Jim Brown Stores common.
L—_--l
6%
'tii 6%» ,• 6%
Apr
21%
Vi-IiFeb
10,200
-
...
50
Garrett Corp common.—
Gatineau Power Co common.—.
5% preferred—
General
-90%
70
1,000
l%-.:.v^.l% -;>i%
AIO% ,11%
jeannette Glass Co eoinmon—I
I
Jan
22%
,
..
ft
*10% May
650
Apr
Feb
'.
,■
_
Julian
1%
i
1.25
,
...
Franklin Simon & Co Inc common4%% conv preferred—
Fuller (Geo A)
Co
—;
General Builders
,v
Investors Royalty---ii.--w^——^^-1
Iron Fireman Mfg voting trust ctfs—•
Irving Air Chute^.^:.—u——.—4—I
Italian Superpower Corp com el-A—
r
Apr
17
•-
12%
.
11'/8
13%
'.t"
.r
55%
}sll%
-t-
May
'
ft 9% Jan
v
16
.
'
Fort Pitt
Brewing Co
(Peter) Brewing
'
Apr
38%
14% Mar
200
21%
Class A
non-voting—
Class B voting
——
.
15% Apr
54%
1,700
5% -Feb
16% May
11% Mar
•
May
5%
■A-
■
Feb
46
160
,v
Co—
Be to $1 Stores
Ford Motor Co Ltd—
Ford Motor of
18
10
International Safety Razor -B——
International Utilities comraon.-^-iii-5
'ftft
4% May
11% Mar
'>12%-^il2;/;-,: 12%r
sharest.———-•
International- Products.^.
56% Mar
•> 16% Jan
3,800 "
^
-
% May
Feb
10% Mar
52%
45,700 V*
7;
\
12%'
r 28
25% Jan
3,300 '
2,500
.
-
52%
-
—
Fishman
16%
5%
.
1
/,
1
Fairchild Camera & Instrument—
1
Fairchlld Engine & Airplane
-—1
Fansteel Metallurgical
•
Fire Association (Phila)
"—10
First York Corp common
-10c
$2 dlv cum preferred
—1
-
mrtemommmaiw i——&<u
...ft/
r.-
1-: •
International Metal Industries A^'--—-* r-:
International Petroleum eoupon shs^_*
30% May
"if.
13
Intemati—al Btsdift^Elretrlc—i
•
Apr
44% May
Feb
30y8
Hi
30
8%
Feb
11
•
Apr
Feb
4
43%
43
8
....1
8%
-
common—*
~
•: • - 700
ReglS4ieidd'Mftii£CTiw"'U»<».i?'f-i,'ii' "f-w-*—jcoA-: 16 ft
:--k-14 Ya '16
Imperial-j Tabasco
DmaadiL.—,
5
%*ckl0%>xll% /
Imperial. .TobaCcotof^eafc-.Brltain--':;/Avt-£--.*:sfe^r4V^:.v;v/.f;.i;'.:'l:^5
i..'
-i-—s—-£t 'fi/..; 12:10lA 12
Iinll—iiialia Mi
94 r. 94 InSUIliSXM Otiaf.liSfUl Ansctiiftji;: ^vlg.ytt»l:03J%(.rl^102% 103%
Interaaftenal-i'Oigar'iisghiacry—• ^V7-'12.%v;^T2% < 13
3% May
Feb
92
V
800
2%
10
May
Co
.
6 % May
14% May
Feb
•
\
Imperial;'xtl*-%^!6 %
i
45%
Zinc
Imperial
Amer "xtepj'VCte^re^steseeL
Jan
146
2% Mar
15%
*
May
14% May
Feb
14
1,300
24%
14
28%
convertible preferred.———50
5%
Illinois
Feb
3%
Power Co common.—.:
Illinois
57% May
'
Class
7%
8 %
*
Inc
Huyler's common.——
,
Feb
9%
300
2%
10c
03 convertible preferred
Esquire Inc
Eureka Corp Ltd—
Eureka Pipe Line common
8%
126
1,900
14%
-
ft':
370
22%
Equipment—
common—
i
$5
Jan
"3
Humble
Apr
Feb
',:VT. 'V'" 'l ».'■/ '
72,500
3%
100
—
5%
6%
May
1C% Mar
12,800
14%
142
24%
50
Derrick St
12%
140
14
i
preferred
Amer
100
Apr
Feb
50
525
,
;
10
,
common
Equity Corp
12%
6%
Empire District Electric 5% pfd
Empire Millwork Corp—
Fox
6%
400
Hubbell
Jan
57
300
12
54%
1
of beneficial int-
Easy Washing Machine class B
Amer
Feb
4
5 %
Jan
4%
53%
125
4'.-: 575
\\
Emsco
Apr
Apr
10,900
4% May
1%
3%
Hormel
Jan
65%
1,375
4%
2% Mar
1,200
3%
Horn
May
85
Apr
3,000
2%
•„
Sugar Associates—
$5 pfd shares
5%
7
54
82%
•
-
Feb
Mar
76
350
82%
•
A
$6 preferred series B
Com
3%
21,200
7
25
Eastern States Corp
$7
'6
*
Eastern Malleable Iron
Eastern
6%
60
4%
2
1
$2.25 preferred——4.
Common stock warrants
Fuel
51%
3%
2,100
Hussman
&
Jan
7% May
40
8
Hurd
East Gas
Feb
7%
Jan
Duval Texas Sulphur-.
50
9%
Feb
Mar
.
"7%
Horn & Hardart Baking
reg
5%
30
6
Horder's
Dunlop Rubber Co Ltd—
dep rets ord
7%
250
1,100
Holly Stores Inc
Holophane Co common
May
74%
65
1,200
7%
50%
.
Hollinger Consolidated G M——
May
300
9%
40
6%
*
2
*—
8%
6%
38
2%
preferred w w__.
—-100
4% preferred w w
100
Henry Holt & Co common.—1
Hoe (R) & Co class A
10
25% May
10
.
High
Low
;
4%
5%%
•
common
Driver Harris Co
Amer
A———
Class
Feb
21% Mar
50
16
16
2%
5,300
25%
14%
Apr
9% May
100
9%
9%
2%
12%
100
25%
25
Range 8lBce January l
High
May
56% Jan
common
Co
Heller Co common
ord
Shares
51%
25
1
1
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc
1
Hazeltine Corp
*
Hearn Dept Stores common
—.5
Hecla Mining Co
'■—
25c
Helena Rubinstein common.
<•—-—*
Jan
•
40
Electric Light——
Hartford
Harvard
Apr
10'A
9%
7%
-*
Paper—
Hartford
Apr
18
•
Power
140
6,300
Domestic Credit Corp class A
Duke
Feb
28%
Dominion Bridge Co Ltd
Dominion Steel & Coal class B
Dominion Tar & Chem Co Ltd
Draper
Apr
Hammermill
Apr
27
l
-
Low
®
Lamp Co
Bridge Co Ltd
Hamilton
Mar
28'A
Distillers Co Ltd—
dep rets
7%
11
140
10
Devoe & Raynolds class B
Diana Stores Corp common
Amer
35%
Apr
Jan
9%
1,200
Hall
Jan
l
&
for Week
Range
Par
Feb
7%
8
common
Gasket
37%
5% Mar
700
7
ioy8
100
Detroit
Jan
6% Mar
700
34
6%
5
debenture
Derby Oil Co
71/e
35
common
gales
Week's
Last
Sale Friceof Prices
Exchange
Curb
High
Low
Monday, May 17, 1948
.
H
50c
common
Mfg class A
Range Since January 1
34
1
Dayton Rubber Co class A
Dennison
Shares
High
—2.50
Davidson Brothers Inc
Dejay Stores
Friday
STOCKS—
New York
D
'
;
.
.
,
*
of Prices
Par
MAY 14
for Week
Range
Sale Priee
Exchange
Curb
,
.
gales
Week'*
Last
.
EXCHANGE
CURB
FOR WEEK ENDED
RANGE
STOCKS—
FINANCIAL CHRONICLE
COMMERCIAL
THE
(2158)
30
Apr
34
ft May
2%
Feb
21% May
112
Jan
15% May
23
Feb
37%
Feb
3%
Apr
x
COMMERCIAL'&
THE
Number 4699
167
Volume
NEW
YORK
FINANCIAL" CHRONICLE
CURB
(2159)
EXCHANGE
"
RANGE FOR WEEK ENDED
Friday
Curb
Week's
Last
STOCKS—
York
New
Low
New
Range Since January 1
Low
High
Power
Shovel
/_10
1
.(
5%
convertible preferred
!
Par
Corp
$2.50
preferred
McWilliams
Mead
Mig
Merritt
A
Mesabi
6
1%
2,900
20
Mar
2%
9,200
t
Jan
7%
100
5%
...25c
5y4
5^4
I
9%
9%
100
7% Mar
1%
.—.2.50
■
1%
1%
2,000
1% Mar
7%
1,500
8
9,200
26 %
7%
7%
.
9%
pfd__
'
"
19
*
9%
i
11
21%
23
50c
Co
7%
31,300
100
23
4
4%
.
21%
—_10
/
"3>4
3% Mar
8%
Jan
10%
Jan
6%
Feb
9%
Jan
•
Feb
28%
Jan
Apr
~21J
Mar
Governor
common
Johnson
Ltd
Scale
Amer
.10
"4%
i_l
-
Bellas Hess
Breweries
33.
:
1
2,900 7
.7
.
'
8
•
7 44:34%
•
:
23% Mar
c
'
L800
«
!»j
—800.,
.16%
=
4>
—:.30c
Corp—,5
i
29%
-12%
20 %
Jan
33
3y# May
Jan
of
-400
14
>
7 3%
7
700
7v
■
h
.4 7700
5%
; /
25%
.
33%
Jan
33
.
11%
11%
12:7:,
14%
15%.
113%
.
.6%.
~
4
■84
2% Mar
Mexico
N
Y
Oats
Feb
19%
Merchandise
1,200
,°3 8
>8%
10
16%
Apr;
",'15%
Jan
15% May
.77% Mar
300
;
Apr
17%
"4%
4% 1 '"4%
•;
2%
■f 2%
1C
Jan
11%
Feb
•
•
1/300"
9%
4%
Apr
3%
Jan
87/e
-5%
'7
5
£'3
;7:7
14
'•
■•:
170
5ya
4%
4%
10%
10-%
71
10%,
Apr
(.15%
Mar
82 "a Mar
1,000
67% ' 72Va
13%
Jan
.713% Feb
4% Feb
,
89
•
.
600
1,300
'.
19% May
,
Feb
3%
4
14
Apr
Mar
2j/b Mar
4 3,500
2%.-
8%
*
.
8%
1%
—1
84
3%
100
lu
4, 3,300
9%
1%,
5% May
9: 4: Jan
Apr
Jan
Jan
6
;
12%
;
Jan
72%
Mar
59%
Apr
•
10% May
1% Jan
75
Feb
84
.71,200
A 9
Mar
.
9 Vn
4 31V8
30
Feb
7;25
1,100
84:
9
-••974
15,100
1%.
84
.
Rice
7:4
v.
7
7
"
Feb
6
1%
300
,
14
Rio
North
13
14
2,200
14
14
100
90
90
90%
41%
41%
7%
8%
'
...
>
class B—
18
16
RR
Penn
Power class A
Northrop Aircraft
Novadel-Agene
2,200
300
18
16
3,700
%
,:41
40
20
41
3
;
20%
3 ,4
2%
7
12
77
"i'/a
16
15
39%
3,200
*_1
13 -■?
11%
13%
21,400
13
17%
18
'♦
:::■■
-
Ohio
Brass
Ohio
Power 4%%
10%
Co
class
B
—*
common
preferred
Natural
40
Polndexter
1,100
..
1%
39 %
A;.
40%
Omar Inc
34%
97%
6%
.7
6%
l
^
:
96
•
200
Feb
Jaii
,
% Jan
;! ;
50 %
Jan
400
148%
'.
50%
13%
86
7%
300
5V2%
Lighting $5
Power
&
Pacific Public
$1.30
1st
—25
7.7:.
1st, preferred
Pacific
Pacific
,_—5
1st pfd.
18%
,.4
Feb
7% Mar
44% Apr
44
•
,
3
Apr
-
Feb
21% May
4,. 3% Mar
94
-•-,
Apr
v' 103
'
Jan
42%
Jan
•
22 y4
Jan
33
Feb
1%
Apr
Jan
1%
104%
440%
Apr
Apr
109%
Jan
30y»
Feb
1,100
6V2
Apr
15%
50
400
600
pfd—
Service com4—!
preferred
-
100
*
Paramount. Motors
Pen
Corp
Co
—
1
38% May
9
Jan
14% May
17%
Jan
15
Jan
23
Apr
Feb
11%
7%
29
Mar
190
101
Feb
94%
200
91
15 %
900
12% Mar
24
24
r
100
16%
17%
40,600
Apr
l
85
28%
450
21%
22%
1,500
105
46
-
4
44%
108
46
10% May
Mar
Apr
Jan '
Jan
97% Jan
36 %
Feb
50% May
12
Feb
14
9% Mar
/
Feb
98
Jan
8% Feb
6% Mar
86%
270
79
148%
150
144
Feb
13%
146.
25
12
Mar
/ 2%
2
.
.
17%
1%
2% :
27,200
18%
300
Mar
90% Jan
Jan
13% May
151
*
35
33%
'
35
1,500
-
23
Jan
Mar
20
1,150
10% May
1%
•~7%
~8%
*
24%
23%
24%
1,100
1
4%
4%
2%
2Ve
22%
:—*
30%
1
4%
4
4 Va
'30% Mar
35
2%
2%
2%
-•
May -
55
Feb
Feb
5%
Mar
8% Mar
19 % Mar
25%
Apr
5%
Jan
14,600
4%
1,300
3% Mar
2%
2,400
21%
23%
1,025
23 Va
30%
1,600
1% Apr
18 Va Feb
24% Mar
■
Apr
1% May
Jan
Feb
31
900
1
pfd F——100
18%
Mar
17,100
——...—1
Rochester Gas & Elec 4%
&
Roeser
Inc
Pendleton
*
3% Jaw
24% Jan
30 % May
3% Mar
4% Jan
1%
2%, May.
Jan
90
90
10
87
Jan
33
„
*
com
new
£1
5
dep rets for ord reg
Cable Corp common....,
Amer
Rome
Field
Roosevelt
Root
Inc.—
Petroleum
10%
5
4%
...
Co
34
300
23
Mar
Rotary Electric Steel Co
—
..10
(The) Corp common——
1
Co Ltd
Royalite Oil
9%
4%
25
1
——
Rowe
.....—_—*
35
1
♦
Aeronautical Co
——
.Ryan Consolidated Petroleum
Ryerson & Haynes common—....
Ryan
1
2,900
5 Va
1,400
Mar
93
37% Apr
24% Mar
35
3,000
1,000
17
Feb
Jan
14%
300
10
6
5
10%
6%
1,100
3%
10
10%
4,200
7% Mar
5%
1,200
4% Mar
10%
,4,400
4%
Va:
Jan
May
8% Feb
16% Apr
Jan
10%
10
35
Jan
16
Apr
5% Jan
25%
7% Mar
225
15%
"6%
12%
4 Va Mar
300
8%
8%
9%
30%
25
31%
8%
16/
1.25
Russeks Fifth Aye common...
11
7%
Jan
Apr
Apr
11% Apr
6%
Jan
Jan
—»
50
8% Mar
13%
35%
34%
36
700
27 Va Mar
38%
Salt Dome Oil Co.———1
11%
10%
11%
10,300
common———1
2%
2%
2,000
7% Mar
1% Mar
Oil Inc (Del)..
—25c
Fisher Brick Co
....
1
Schulte
(D A) Inc common—
,.1
Scovill Manufacturing
—.25
Scullin Steel Co common.—.:—..—*
Ltd com
pref
St Lawrence Corp
A
$2
conv
United
Samson
Corp
1
*
General—.—
Bros Inc
—
Segal Lock & Hardware
—-*
1
Selby Shoe Co..
—.—1:
*
Selected Industries Inc common
1
Convertible stock
L—5
10
9%
2
1
Sentry
Serrlck
3
Feb
4% Jan
3
6.200
2% Mar
3% Jan
32
32
2,000
27
Feb
14%
16%
2,800
10%
Feb
2%
2%
2%
700
17%
17%
17%
,300
2%
2%
2%
11,000
"3%
3%
2%
43,100
19%
26
78
;
81
80%
300
4%
1,800
'7,750
4
2%
2%
1%
1
;
2%
1%
3
27/«
3'/a
Leather
..
80%
50
500
■
=
18%
17%
of America class A—
Breweries Ltd—
Sllex Co common
Singer Manufacturing Co
Amer dep rets ord regis
4 24
Mar
30 %
17% May
Mar
23
Feb
30%
17%
Feb
22%
8C
Feb
13
108
Apr
Jan
Feb
Apr
May
42% Mar
47%
23%
26% May
Apr
12
May
Feb
13% Mar
Feb
3% Mar
18%
62
Mar
Xl05%
110
104
Jan
Feb
Apr
16%
Jan
73
Feb
16
12 %
18%
Jan
108%
Apr
22% May
Apr
16
400
'
1%
8%
1,000
7%
8%
3,800
12% Mar
17%
Jan
11%
15%
*
Apr
11%
Apr
7%
Apr
11% Jan
36
8%
300
£ 1
Co
M<inufacturing
Penn
Southwest
Southern
—
Corp.
Soontonr-
Oil
Pa
common
common
common
Pipe
Line—
California
1
1
—1
1
12.50
10
256
Feb
4
Jan
88 Va Mar
90
Jan
28
13%
28
25
25Va
Apr
28
May
13%
14
3,400
8%
Feb
14% Mar
4.48%
cum
conv
...
—
Stahl-Meyer Inc
Standard Brewing Co
4
Mar
2,600
4
4%
5,400
X3%
Feb
4% May
8%
9%
1,800
7%
Feb
Feb
9% Jan
4% Jan
3%
4
;
■•'
3%
2% Mar
3%
4'/a
9 Vt
4
4%
1,600
3%
3,000
Apr
31% Feb
43
33% Jan
70
29% Feb
41
40%
43
31%
30
31%
26%
26
26%
1,600
26
26%
25
26%
4,300
25
22%
23%
2,600
35%
original
4.88%
Mar
8 Va May
r
Mar
225
Edison—
preferred
—.—25
preferred——..—25
preference
25
4.32% cum preferred
25
Southern Pipe Line
1
Southland Royalty Co
5
Spencer Shoe Corp
—*
6%
36
Mar
6% Mar
3% Feb
230 % 235
235
Ltd—
it Elec Co—
preferred
100
(Howard) Paper Mills—.—-—*
Solar Aircraft Co—
1
South
Feb
2%
1,400
16
66
X105
2,600
Jan
2% Mar
1% Jan
City Gas
South Coast Corp
Feb
5%
Feb
% Mar
1%
1.300
15%
64
—
Jan
Jan
82
Jan
80% Jan
May
Simmons-Boardman
Apr
15% May
Feb
May
1,000
16
66
Publications—
$3 convertible preferred
*
Simplicity Pattern common...
1
Singer Manufacturing Col.,
100
26
75% Mar
3
Jan
3% May
Feb
'*
18%
-1
Shoe Corp
32
96
74,
Jan
2% Jan
24%
10% Mar
25
—
common
18%
Feb
1% Mar
13%
Jan
16 Va May
2% May
Feb
2
13
Shawinigan Water & Power—
Sheller Mfg Co..
Soss Manufacturing
104%
16%
600
common.—
5
33
;
1% Mar
20% Mar
4
Shattuck Denn Mining—.—
Sick's
2% Mar
16%
26
Apr
1,600
2%
30 Va
...—
Inc
3%
'
Jan
2,200
81
certificates—
(R B)
Sentinel Radio
2%
3%
1
Corp common———1
Safety Control
1
Corp class B
1
Allotment
Seton
3
Apr
12% Jan
4 Va
„
—25
>$5.50 prior stock
Semler
Apr
10
Jan
%
54
5
2% May
Feb
29
Engineering..—5
&
1%
14% Mar
500
1%.
•,1%
*
——
Co.
36
11
27%
'
Jan
Rolls Royce Ltd—
Sioux
23%
17%
22 y2
500
14%
—♦
25
Feb
93%
28%
33.
30%
6%
32% Mar
15%
:_5
For footnotes see page
3,500
94%
Parkersburg Rig & Reel
74
....1
Patchogue Plymouth Mills
*
Peninsular Telephone common—.*
$1 cumulative preferred
2,800
34
30
.
>. 10%
101% 102 4
101%
Page-Hersey Tubes common__ 7 ,
Pantepec Oil of Venezuela Amer shrs__
Parker
9
33%
33%
—25
preferred....—
Light 5%
10
7
May
2%
"
10
common
Valley Gas Co—
(Texas Corp) -v t c——
Seeman
May
l/j Jan
Apr
16
,
1
Goods
Dry
18
•'"
13% May
•
Electric
Stix
Solar
Elec 6%
Apr
16
90
450
7%
3.90%
Pacific Gas &
Apr
Apr
8%
94%
;
100
13%
7%
Smith
Pacific Can Co common——-,
9 "
175
50%
5
...
Securities Corp
Feb
7,
1,500
10%
Feb
1%
96%
-y
13%
&
12% May
.
Feb
6%
22%
10%
10%
9%
10,500
96
,
3
Feb
400
15%
1
44
Feb
v
3%
7 34%
2,400
22%
22%
93 %
Feb
75
4Vs
'
Securities
Jan
37
97%
3%
Apr
38%
•
87
97%
m
Sayre &
class B-—
O'okiep Copper Co Ltd Amer shares:.._
Overseas
106 % 107%
106%
———..15
Distillery....
l
Filters
Oliver United
:100
Gas
May
May
6%
'
Apr
14
14
9
Savoy
97
1%
1%
6%
Mar
800
10%
Jan
'
Oklahoma
Old
_50c
common;
17% May
9% Mar
2,800
10%
4% preferred—^
100
Sherwin-Williams of Canada—-——*
Corp
11
*
preferred
Sherwin-Williams
Ogden
'
Jan
90
1%
Jan
4410 4 May
>
Feb
Mar
2%
90
37%
r
Jan
Mar
2y«
May
9% May-
feb
33
3,300
39%'
Corp.
3%
200
'
16
1%
102
433% Mar '•'
1,500
pfd.100
7
25
Inc.——.—
14%
1%
117
13% Mar
700
••:
.
Apr
% Mar 7
46%
300
2%
19 %.
.
1,000
74
2%
4
9'/b Mar
r
7,300
7,600
41:4 41%,.
2%
8%
.
Co:.—.50
Northern Indiana Pub. Serv 5%
States
V;
Feb
% Mar
3,500
7 7% •47%":
1
—__—l
47
4 ,1%
15%
7.;
7%
A
——*
Utility Securities.—*
Texas Oil————5
Northern
1
1%
1
Power common—1
Central
Northeast
Airlines..
North
16
;1
■4:7—4:7-;
X92%
5,000
12% :
•
92
875
.
19
Feb
;7
771,320
10
Jan
5
4% Mar
14% Jan
'
Jan
32
May;
'">15.4 Feb
Mar
14% Feb
64,700
/
%
10%
•
600
• •
98
938
12 y4 ;
American
North
%
:;wn
Mines.———.5
class
,100
95%
%
7)44(4.4:447
North American Rayon
Class B common
99
-
96%
Niagara Share Corp class B com——5
North Amer Light &
717%, 18 r
7 8% 49%
-9y«
99
preferred.,:,,:4.——_4_100
B optional warrants
2d
Hundred Corp
2,500
Grande
Class
Niagara Hudson Power common.,4.7.1
•7 5.56- 1st preferred———100
Nineteen
25
6Va
Feb
71% May
16% May1
May
10%
;
" Feb 7
27
—.10
"
'7 i
7 ;•■ Founders .shares———1
Nipissing
17%
5%
Richmond Radiator.
Feb
12%
7 1.500
q3a
■:■'; 107,7
10
,
,
—
...
Noma Electric——
17%
100
Bit Co
(Robert)
Reliance
Shipbuilding Corw—/
Niles-Bement-Pond
17%
10
Manufacturing
Roller
Reis
'
16
Rosario—„——30
Y
Class
Jan
preferred——100
Regal Shoe Co
Jan
Feb
11%
15 Ve
Land—:l
Y
5%
8%
common
convertible
83
Reed
Feb
712%
V 15%
■
common.:—.
Honduras
&
14,400
14
preferred
Raytheon
Jan
34
700
•
100
Co
Park, Mining.Co—,
N
16%
Railway & Utility Investment A
' 3%
Jen
35% Jan
•
29% Mar
6.300
'7
15
■'!
New
N
15%
Radio-Keith-Orpheura option warrants.
Railway Ae Light Securities—
Voting common
10
4
Apr
-19% Jan
4% Mar
Feb
15
New Process Co common.::..—. .——*
Co
16%
Quebec Power Co
May
-413% Jan
.
7 713% Mar
500,
1,410
;:•. 15 v*
convertible' preferred—20
Zinc.:——————25 7
Auction
5
Jan
41
410i»Va Jan
11% Mar
19,700J
3%
32
-*83
New
Y
Feb
Mar
4
13%
17% Aprr
.31% May
A
•
N
58%
Colorado—
cumulative
Quaker
••
4.
13%
u
Watch
Arizona
2,380
6
Pyrene Manufacturing
•=11%
Feb
-500
33%
New Jersey
&
71%
10
Packing Co common
Raymond Concrete Pile common—
3%
—.100
England Tel & Tel
4%%
67%
Feb
.
4,800
„
vU%'12%.
?3%'.
Nestle Le Mur C<r class:
Clock &
71%
Puget Sound Pulp & Timber.....
Pyle-Natlonal. Co common—...
Apr
,.160 7, '.170.. .""Jan.'4 *4175% May
50
-f i37 :
>34% Mar
Apr
:
3% Feb
5,300
4% May
17%
5%
,5
Neptune Meter common,—
Haven
Mar
...
-
National Transit common.^..w..:: 1
New
Feb
39
3% May
Feb
2%
ia%- Apr.
>
•
15
National Union Radio
New
xll
75
——.1
common
Puget Sound Power & Light—
$5 prior preferred.
Apr
.
35% 7
4%..
4%
.
m
Rubber Machinery—.10
(Herman),
2
1,600
Jan
27
■
,2"% Feb
2,900
National Steel Car Ltd—.——
Nelson
2,700
6% Mar. y .7*/..->.'8%'Mar
6,900
3%
•
4%%
7-.- May
A/1044- Jan
Mar
3 '4
172% 175%
-14.7
National Radiator. Co_^—;——.4
National
3%
12%
40 Va
50
...
Service
2 Va
12%
*
8% May,
.Jan.
«
5
,
100
--
10% .11%
r.
& Stores common—_..:1
National Pressure Cooker common—_2
3
1,100
40%
1
7:: ••3%
2
:
.
„
-1% preferred
.25
National Fuel Gas—A—::*.„* '
National Mallinson Fabrics..——:
2%
12%
Apr
■«.
Mar
2,600 4
.
22
40%
*
May
: 11% Jan
„*
,
2%
3
1
I2/50
V 20
3,000
A 27
•
7%
.1.2 %
'
National Mfg
2%
—IlOO
•>
97% Mar
common——1
common:..
700
2
Jan
Public
Feb
>31%- 31%
.i.::::.■■/:./—_10'
National
27
50
common—
Providence Gas
2%
16%
Inc-eommon——/:T::_:.:1
National
26%
..2.50
N
ill,
27
Jan
6
shares
Apr
4 Apr
13%
.77 A
35%
•_» \V
;
3%
9% Mar
500
25% Apr
4% Jan
3Va
172%.
k
>
98 4 Mar
,u%-
common .—.2.50
common
Corp
1%
200
62% May
11% Apr
1,100
Rath
Namm's
11
25c
•>
Nachman
Apr
Feb
11
7,600
24
7..250
<fe Tel:../: :::100
Murray Ohio. Mfg Ca^
28
;.30%y Jan
Mountain rStates Power common::..:'.*
Muskogee Co
4
48
9%
Feb
l9%
.
6%
■-.73 Va
class A:—.1
UtiMties^z'iC-^^^5
Montgomery Ward St Co class. A-——*
Muskegon Piston Ring
13%
Mar
39
400
1,900
7%
Feb
t
.
7V2
26
Moody Investors- partic pfd.__
Morris Plan. Corp of America:—._:10c
States- Tel
Jan
2,050
4%
4%
Jan
18
3%
v
3
...
Molybdenum --.Corpi/::?——<v' ; 8
Monogram Pictures common^i_—
;7 3%
Mountain
Jan
5%
45%
61%
9%
3%
300
3%
19%
Service common—.—:*
10
54%
43
Apr
7%
19%
775
1,100
•
Producers
Mar
9%
9% May
Feb
4%
'
Wojil -Co common...——::_:50e -i .8%
4¥t% convertible preferred——
50
MtotagvCorp-of Canada—;.*•;>
Minnesota Power Bi Light 5% pfd__ 100 >>
com
6
7%
Pneumatic
Apr
8"%
10y4 Mar
23%
21%
Miller
Monroe Loan Society
Montana Dakota
Feb
2%
♦
-Apr
Feb
.'23% Mar
common
4%
4%
.
..
600
59%
1
Abrasive
Mountain
Feb
5%
dividend shares—
Missouri Public
Jan
10
29
Jan
6
4%
common—50c
Pittsburgh Metallurgical
Pleasant Valley Wine Co.
Jan
9%
.
6% Mar
300
11%
9%;
11
—__*
Midwest Piping & Supply common:—,* " "
Mid-West Refineries—.—1 v!\'
i
23
105
14
.26 %
Ex-distribution
Midland Oil Corp $1 conv
Midland Steel Products—
Co
7
9
<
Feb
7%
700
8%
"
9
9
Apr
2%
Rubber
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
7% May
10
Apr
61%
.2.50
i•
Corp-f
Midwest- Oil
Apr
Feb
5%
Apr
101%
1
Piper Aircraft Corp common—
Pitney-Bowes Inc.—
Apr
9%
3%
43
—
Mid-West
5%
4«%
600
2,100
2
250
5%
45%
*
Jan
400
104
103
5%
6Vs
Feb
20
——
Pioneer Gold Mines Ltd
6% May
Feb
5%
7%
2%
2%
High
6% May
4
300
•
*
Pinchin
Jan
Jan
5y,
~6%
&
4%
Pierce
7% May
Feb
s
~T:5
Pharis Tire
4%
5% Mar
7,900
Philadelphia Co common...—....
Phillips Packing Co...
Jan
3^ Mar
110%
Feb
3%
4,900
r_15
T_———1
Middle States Petroleum class A v t c:_l
Class B v t c__.
I
_L_
——1
Midvale
5%
-
Apr
Low
6%
104
2.50
...
Range Since January 1
High
6
2%
*
100
pfd—
—
Pep Boys (The)
Pepperell Mfg Co
Perfect Circle Corp.—
12% Mar
25 y4
4
Feb
-.5%
10b
Michigan Sugar Co common.....^...*
6% preferred
.
10
Micromatic Hone Corp__
$2 non-pum
.
-
.Jan
44%
A common
Shares
4%
...
Penn Water & Power Co—
May
2
Feb
9%
900
11%
20%
23/a
7%
;_1
Corp common
Participating preferred—,:
Middle West
i
8
Elec class
Penn Power & Light 4%%
Traffic Co
3- % May
37 Va Mar
125
39%
100
Metal Textile
Feb
1% Mar
22% Mar
.
10%
2va
„_
Michigan Bumper Corp
Michigan Steel Tube.._
6%
7,800
&
Low
for Week
6%
_1
common
Penn
6% May
Feb
20
20/4
warrants;
Co.-
May
4%
3,100
Penn Gas
May
17
500
1%
32'/2
31
:Ii%
.1
(
12
8%
2,200
8
7%.
3
1%
——.1
Scott
614
38%
;
preferred
Iron
1,100
Feb
-13% Mar
8.000
17
„,,
Co
&
Co
Chapman &
6%%
i
1
Dredging
Johnson
Menasco
12
15%
31%
—
„
10%
6
common
Corp
Sales
Range
of Prices
-
Exchange
Penn-Dixie Cement warrants.:.
17
,—10
McClanahan Oil Co common
McCord
Curb
High
Pennroad
11%
Harris common.:..
•_——
McAIeer Mig Co common-_,„„'_....l
Massey
York
Last
Sale Price
STOCKS—
Shares
M
Marion
Week's
Friday
lor Week
of Prices
Par
14
Sales
Range
Sale Price
Exchange
MAY
—
_7>a
45
7%
44
7%
1,300
46 Va
1,300
28 V4
May
22% May
29%
4%
Jan
,
Apr
Jan
25% Feb
7% Mar
Feb
46% May
5
Feb
Feb
4% Jan
6% Jan
1
Feb
1% Mar
36
3%
4
500
3%
•
5%
5%
100
2.78
1 Va
1 Va
200
4
41% May
Jan
May
31
32
COMMERCIAL & FINANCIAL CHRONICLE
THE
(2160)
17, 1948
EXCHANGE
CURB
YORK
NEW
May"
Monday,
bange for week ENDED MAY 14
Week's
Friday
Last
STOCKS—
York Curb Exchange
New
of Prices
Par
Corp common*. -1
,20
preferred
—
Standard Forglngs Corp
——
3
3%
(Ky)
preferred
2% Mar
17% Mar
11
10%
11%
.10
28 y*
27% '28%
2%
2 Yb
'2%
30,000
2%
2%
2%
200
103%
20
•
106
—
——
~8
Jan
102
Feb
7%
8
900
6%j Mar
—I.
5%
4%;
3%
5%
4,000
ZVa
3%
500
3% Feb
2»/a Feb
4%
4%
4%
2,200
3% Mar
Standard Products Co——„
—;
Starrett (The)
—I
Corp
♦
Steel Co of Canada
68
64%
68
17
18
600
8
8
111
—1
1%
4,000
5 Vat
7%
14.800
13%
13%
14%,
830
18%
34%
18
19%
31%
6%
5%
»
*25c
—
■
Superior Portland Cement, Inc—Superior Tool & Die Co—
**.
Swan Pinch Oil Corp—-—*
•
-
16
III
-15
1%
1,400
27 y8
Jan
347« May
6%
3,700
5%
Apr
225
3%
lA4.r
14
.
2% Mar
10
200
88)4
91)4
1st mtge 4s ser
3Va Jan
14% Apr
j.j
86%
J-J
common*—--—, ,—*l
Technicolor
Inc
common*:..—.
Texas Power Si Light
11%
.*:**
100 VA
M-tt
!—I*"
105%
Elec
Marelli
A-O
1112%
120
Shovel
Thew
Co
3f-N
!-*
*1993
B_*_—******1993
61
60
J-J
M-J
Jan
li%
18%
19%
19%
13%
14
1,100
12% Feb
14%
500
11% Mar
15%
7%
100
5% Feb
14%
Stocks-—
53
Tobacco Security Trust Co Ltd—/
Amer dep rets ord regis——*.
7%
•
53
1,300
I
.5s
dep rets def regis—*__
iy.
—*•
Todd Shipyards Corp——
Toledo Edison 4 Va c,'o pfd————.. IiOo
■
95
warrants-*--****
*110
Jan
1%
1,100
1
Mar
3,600
4'/a Mar
6%
34,700
1% Feb
*
v
2%
31
—;
6%
*:7-7;,' 9%
3%
31
■
7%
10 :>•'
■
Apr
31
Feb
9
,
9% Mar
12
C:—i- 1955
Jan
Union Gas of Canada.—-—*<
5%
2%
;
.
1% Jan
5%
5%
3,300
7%'
7%
1,000
;
95%
Corp
United
Elastic Corp
44
50
43,200
33%
19%
20
19%
21%
1
Jan
250
31%
43,400
Apr
16
Feb
20y«
17%
2,200
Feb
Apr
30
Jan
29% Jan
245
•*——
,
1%
1%
7%
,—25
59
1%
39
7%
200
57%
49%
2,025
40
39
80
400
common.—— .—I
U S Air Conditioning Corp—— .-10c
U 8 Foil Co class B
——*—* —1
U S and. International Securities
11% Feb
3%
3,500
8,100
82%
225
9
9%
3
2%
3
17%
16%
3%,
■3
17%
'.'I
81
-1
70%
15%
1%
2
3%
2%
3%
2,900
2)4
82 Vi May
Jan
Universal Consolidated 'Oil.*—:** —10
Universal Insurance—
.—10
63%
61%
64%
1,800
38%
Jan
Universal Products Co common— ...10
26 7
*——*:. —5
25%
3y»
■
26
21%
12%
800
21' ";';,
3
Utah Power Si Light common—*
8,300
:
*
18 Va may
Feb
19% Mar
300
3% May
67'4
23% Mar
3%
2,100
21%
700
2%
Jan
3
1% Apr
25
Apr
3% May
.
Feb
2
21
18%
1% Feb
.
18
U S Rubber Reclaiming Co.——:
—1
United Stores Corp com—. -50c
Sugar*
21
r
29
19% Mar
25%
21
21%
J-D
$104%
J-J
109%
€3
•
F-A
Petroleum:——.
.20c
'■
..
—*'
7%
7%
65%
Af-S
103%
A-O
'20
—
107
lOl^i
£v
109%
102
67
58
e
V;
106%
A-O
102
90
15
I
101% 102
9
,
105
106%
J-D
:
,
A.
90
82%
92
103%
104% 104%
J-J
i
7%
104%
{
104 VA 104 % t:
25%
,25%
■'$13"
M-N
105
:106
\;4p4'i
—
■/•#«»
150% 151%
A-O
;■
1951
100
100
:
^ .1
-
151%
140 Ve
■
:
__
$113%
<;
I
M-S
:
J-J
98 34
104%
13
104%
I
99
,,104% 104%
F-A.
105
105
M-N
A Starrett
A-O
97%
2
^
;
104%, 105%'
■
101%
.14 :
I'n>"
6,?.
•
,
1
102
'
1966
A-O
Stinnes (Hugo) Corp—
'•■■:£'
tpA
A7-4S 3rd stamped.
1946
Stinnes (Hugo) Industries—
-lv
A7-4s 2nd stamped—-——1946
63%
96Va 102
114% 116
.e;:.
64%
.101
>100% 105)4
3
'
115
105%
.98
'
115
101%
101% 105%
30
.
105
; 102'
101
113% 113%
100% 101
Spalding (A G)
103%
lOff
..
104% 104%
J-J
08
v
-*;,:£
$104% 105 Va
..
A-O
5&
1*——.—.1989
Corp Inc 5s—1950
100
$99%
■:
A-O
3s*—-1965
trust
103
24
25%
i ;
mtge 3s—_*——*
—
—1971
Southwestern Gas A Elec 3)4s—1970
collateral
..
101% 103 Va
105
106%
101% 102%
1
106% 106%
;
67
102%
104
;:
,
103% 103%
J-J
1st
5s
4::
**
$106%
J-D
——:*:—1973;
Southern California Gas 3%s.—*1970 V
Southern Counties Gas (Calif) —
•
28 Va
16
103% 105
M-N
3%s series A.^:—
63 Va
75
22
30%
21
8:
30
,
.
Hydro-Electric Co—
;
;■ .£'v
A6VaS with Aug 1 1940 coupon—1953
A6%s ex Aug 1 1947 coupon*:—1953
$25
A-O
30
25
J-J
-
25
25
11
Ternl
Jan
United Electric Service Co—
7s
ex
Dec
27
%'fp
.
27 :X
:
2
■
II
19
38
,
$13 ;'■>
United Electric Co of N J 4s—*—1949
22% Jan
J-D
$102%
102%
103%
:
1940 coupon*.—1956
1 1947 coupon
25%
25%
$13
1956
Waldorf-Astoria. Hotel—.v..
25%
27%
.
■;
MS
—1954
income debs—
76
76
107
;
107
72
10
77
Mar
10
Jan
Washington Water Power 3%s—1964
J-D
7
102 V* 107%
98
Jan
West
Penn
Electric
A-O
106% 106%
1
106
107%
9*4 Apr
4% May
Jan
West
Penn
Traction
J-D
.,;$117% 119%
—
117.
120
7
80
8
.
•
Apr
5% Feb
1,300
-'*
1
Venezuela Syndicate Inc——*—
Vogt Manufacturing
'7%
"*
"
61% .'
-
20
>V; 7 A 44 is
$101% 104
A-O
Joaquin Lt Si Pow 6s B—-1952
A 5s
.—5'
26
-
to—
Scullin Steel inc mtge 3s.
Southern California Edison
■■
—1
27. .
26"^
,
55%
:
'
2
109% 109%
M-N
A
Valspar Corp common——*..
$4 convertible preferred.—*,
26
17%
17%
61%
J-J
Af-S
Apr
May
Jan
3%
Feb
26
16'/a
'
58%
1952
1963
—.*—*—-1970 „V
A7s with Dec 1
Venezuelan
12
i ,'V."
25%
-$i3
6%s series A.:.*————_ 1952
Jan
41% Jan
10
Apr
3% Apr
17% Apr
2% Mar
9%
preferred with warrants,
Utah-Idaho
59%
Safe Harbor Water Power Corp 3S.1981
Jan
2
10%
62%
38% Jan,
8% Feb
1,300
1
United ' Specialities
U S Radiator common———-,
1% Mar
7y« May
54% Mar
7%
:7,
247% Feb
Jan
800
26""
17
17%
'
27%
28
17%
I
*:'"-
■■.:'■
126)4
■
San
'
1st
-~—*m
27
126%
J-J
Queens Borough Gas & Electric—
Jan
Feb
25
United Shoe Machinery common. —23;
$5
■
r A6%s ex Oct 1 1947 coupon.:—1960
£
Public Service of New Jersey—
.
6% perpetual certificates—.—-
21% May
20
.—•
United Profit Sharing com.*—... .*25c
10 ek preferred-*—**********—; -10
*
Jil":
T-J
Hydro-Electric Co—
1
A6%s With Oct 1 1940 coupon—1960
A Apr
34% Jan
•A Feb
Amer dep rets ord regis——
United NJ RR & Canal-—— -100
Preferred
18
28
27%
Piedmont
May
United Molasses Co Ltd—
•'
26
126)4
25%
1956
4%s
Valley RR—
3%s
4% Mar
44
38% Mar V
United Milk Products common.—:—***
Preferred
'125%
24 Va
Pennsylvania Water & Power 3%$-1964
Jan
62
Apr
3 V*
100
f«
33
19%
21%
—*
96% Apr
91% Mar
5,300
v
'
warrants:—:.—
United Oas Corp common——*———10
United Light A Railways———*.*7
■■'■
Jan
%Jan;
59
44
•
common——*
95%
"4% :r4%
4%
United Aircraft Products com———50C
United
8V«
6%
Apr
102%
103%; 105%
■'
■
*$3.75 pfd series A—*—
Union Stock Yards of Omaha*.**—100
United Chemicals
Apr
5% Mar
6
•
Union Investment Co*—_1*——4
Union Oil Co of California^-
6%
1
•
F-A
1903
Milwaukee Gas & Light 4%s
1967
New England Power 3%s__
1961
NYft Westchester Ltg 4s*—-—*.2004
Ohio Power 1st mtge 3 )4s——.1968 ;
1st mtge 3s*—,—;
———.1971".
Park Lexington 1st mtge 3s*..—1964
2% Mar
4% Mar
600
'
105
56
V
'•.
£
McCord Corp deb
U
2
100%
1
'""
J-D
ctfs——*-.
Superpower 6s——
Extended at 4%
Realization Corp*.—:*10c
Unexcelled Chemical Corp*,
,—*—*5
105
1941 coup)—**; 1955
1947 coupon
A 7s ex Nov 1
Midland
Ulen
60
■
103%
60 ' V
103 Va
lOOVa
60
102
102%
,
Kansas Electric Power 3Vas——*. 1966
Kansas Power & Light 3Vas
—. 1969
Jan
300
M-N
61
100%
1101% :^hY-A:
i
31
38
'
103%
$101%
Hydro-Electric CO—
A Italian
May
6
29 Va Mar
.
59
1103
A7s with Nov 1 1940 coupon— 1952
v
25
142
1101%.
J-J
A Debenture escrow
Isarco
1% Feb
500
31
Interstate Power Co—
3% May
1%
44
102%
£*.:;:-";;
,,
A-O
(July 1941 coupon)—:—. 1952
A7s
62
29%
97%
I
A-O
—
—Jan
(Aug 1941 coupon)—*—. 1957
1952
A 7s series* F—
———
Jan
97;
M-3
A7s
Apr
Feb
92
3%
I-
111
88
375
55%
8
36
1949
A6%6. (Dec 1
1% Jan
Feb
100
5 -77 5%
.
13
18
120%
J-D
A 7s series E_——, 1957
7% Feb
95
x94%
7,
1%
5%
Hi
Tung-Sol Lamp Works com——
80c convertible preferred——
,
'I
110
107
110
Tonopah Mining of Nevada
«_*. —-i
Trans Lux Corp.*——•*—*—•:*. „*i
Inc.-!
6% Feb
'
-•:
1958
series
A6%s
100 VA109
112% 115
44
j.j
Indianapolis power & Lt 3)4s—**. 1970
Apr
100 VA
97 VA
104 Va
:
B.——————-Jan 1949
International Power Sec—
7% Apr
53
Apr
49% Mar
10
53
10
!
Jan
21
Feb
16
.£i
,
18% May
,
1,100
1961
1963
14% Jan
14
14
—I
'
*_*—.*_——*--**—
: .1950
series
98%
—
37
:
Power 3%s
6s
88 VA
106%
101% 102
Bank—
Hygrade Food 6s ser A
16VaMay
59 Va Apr,
19'/« May
78
102
61
41
Ms f
1956
Mfg Co—
Guantanamo & Western 6s
Jan
124
Feb
18%
Tivoli Brewing Co
Tobacco Si Allied
r
11%
18%
common——. III
Roofing Inc——-*————. —i
Tishman Realty St Construction. —l
Tri-Continental
Xl5% May
Jan
118% Jan
10
1,100
common—*——. .—3
Tilo
Trunz
11%
11,000
-
16%
16%
New-, common'
Thor Corporation
Amer
120
44
Texon Oil Si Land Co————*—. —2
stamped
:
7
■:'£:
113
5s
107
—
125%
Green Mountain
105%
105%
475
100 Va 100%
105% 106%
■'Vy:
Grand Trunk Western Ry 4s
Jan
31%
Feb
29
1,200
X15%
14
Xl5%
7% pfd—. Iioo
.
11% May
10% Feb
200
30
'
103
14
;
3%s...—**1965
Elmira Water Lt & RR 5s
Ercole
11%
29
30
22
88)4
105
UOOVa 102
Jt-O
02%
93%
104
106% 106%
AO'/aS ex Nov 1 1947 coupon.—, 1953
Corp
81
82%
6
87%
J-D
A
1st mtge 4s ser
& Fuel
A
Eastern Gas
Jan
Finland Residential Mtge
Tampa Electric Co common——
8
106% 106%
106%
168
98% 102
75
(
Feb
109% 111
162
3
86%
A6%s with Nov 1 1940 coupon*. ,1953
Taggart
w*.
'
104 V« 104)4
Jf-Q
:—*—1954
Delaware Lack A Western RR— £
Lackawanna "of N "J Division—*
Jan
7
16%
13% Mar
1,600
16
103
City)—
(Bait
4y2s—
Gen mtge
Jan
20% Jan.
Feb.
1
•
2%s ser
1st ref mtge
Apr
15 ya
16 Va Mar
•
•'
••
104% 104%
A-O
*—1969
Q——1976
1981
;—
1962
1st ref 2%s series R
2%s conv debs
Consolidated Gas
14% Jan
Jan
96
.103% 106
166
87%
90%
•
M-a
,
Jan
13% Apr
3%
7
14
7%
34%
15%
;
3%
13
77:V77j:$7;
,if
.
Feb
Va
5% Jan
1,150
-
1
Stop Si Shop Inc..—————Stroock (S> A Co common—**Sunbeam, Cbrp
Sun Ray Drug common—:
•
lis
Corp*--
(Hugo)
1 %'
7 Mt
*
Stetson (J B) Co common—*.——
Stinnes
"v/a
107%
92% 100
,
■
1st ref mtge 3s ser P
High
102%
51
101)4 101%
88%
M-3
...Jan 1966
Debenture 5s.——**—**—.*«*:-■*1958
Debenture 5s—-—*
—-1969
Debenture 3s—
——
1977
Consol Gas El Lt Si Pwr (Bait)—
8% Jan
2y« Jan
7y4Mar
100
1
1
—
15
101)4
j.j
(20Vc redeemed)——**——1948
A5%s (20% redeemed!—1954
Jan
19 Va
15% Mar
Low
.18
1155
J-D
Cities Service 5s
May
26% May
Feb
22
(A) & Co common
Sterling Aluminum Products-.—Sterling Brewers Inc.———-—
{Sterling Engine Co
—
Sterling Inc. _
—
No.
.
1110% 112
-t'T-
Q-r
Steel
A5s
68
52% Feb
130
17
Stein
J-D
Edison
Boston
5% Apr
3J/a Apr
5%, Jan
*
M-V
Range Since
January 1
Sold
High
106% 107%
98% 99%
99%
J-J
'6s.——*r.***1998
2%s—*——«———1970
{Central States Electric Corp—
2% May
110
Apr
8% Jan
Bonds
—
5s series C*—*——
Bethlehem
2% May
1 % Mar
lVs
—1'
Standard Tube class B—.*—$—,
Standard-Thomson Corp.
Belt Telephone of Canada—
Jan
29
25% Feb
Friday's
102% 103
1106
106%
j.j
Associated
19% Feb
11% Apr
Feb
9%
1,000
4,200
or
Bid St Asked
J-D
Appalachian Elec Power 3%s—
1870
Electric 4%s*^,——-»—1953
Assoc Tel Si Tel deb 5Va9 A
...1955
Atlantic City Electric 3'4s
—1964
23% Jan
3% Jan
50
-1
——v.
Standard Power A Light com—
Common class B—-—
$7
100
18
Sale Price
Low
11% Jan
1,500
>
3%
,
18
$1.60 convertible
Feb
8%
Last
Period
'
Exchange
„
19% Mar
3,100
21%
21%
,
Standard Dredging
Standard Oil
10
8%
10
High
Low
Week's Range
Interest
BONDS
York Curb
New
Range Since January 1
Shsres
Wffk
Low
Standard Cap A Seal common—— -1
.10
Convertible preferred-—*—
Friday
Sales
for Week
Range,
,,
Sale Price
9
5,600
4%
4%
4%
4,200
2% Mar
13%
13%
13%
300
xl2% Feb
5s_—_.____
5s.————I960
Western Newspaper Union—
14
6s cony s
2030
107
•
f debentures.——
F-A
£
1959
£
1
100% 100%
*100% 103%
.
W
Waco Aircraft Co—...
——
3%
7%
■
preferred
Waitt A Bond Inc..*j*_:
y5 $2
>
Watch
Co
3%
300
9%
9%
200
_„_i
———__30
*1—
:
Ward Baking Co warrants—
Warner Aircraft Corp.
v
5
38 y3
*20
_—
Weyenberg Shoe Mfg—;
—_
Willsoa
Wilson
Corp.—:
(R C) & Co.—
Products
Brothers
Inc
...23
(F W)
pfd
lVa Feb
2% Mar
6% Mar
8% Jan
2%
7%
ii4%
155
deposit receipts:—
preference——*
*
Wright Hargreaves Ltd
'
6 %
For footnotes see page 33.
*iQ
29-
v
112
38%
May
Jan
115%
Feb
161
25% Mar
29
33
140
*•
150
37%
275
100
14%
14%
15%
•
10,%
14'%
23%
Mar
39%
Apr
25 Vi
Jan
14% May
700
10%
3,200
.
&%■
100
350
11%
6%
18 y2
Jan
12
150
'6%
7
2,000
is y2
19
225
13% Feb
16%
17% Mar
'
24
22%
1,200
Jan:
May
Feb
10 Va May
9% May
Feb
11% Jan
6%
10
12% Mar
,3%.
Feb
7
14
Jan
19
17
Feb
95
19
Jan
2
11%
11%
12
200
17.%
17
17^
800
13
Feb
•
May
May
22% May
102
10% Mar
l
Apr
14
Jan
19
'
y« Jan
7% Apr
'2%
York
Curb
Agricultural Mortgage Bank (Col>—
A 20-year 7s.*.,
April 1946
A20-year 7s..——_—...Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
—.1948
Danish Cons Municipal Loan-
Last
Week's Range
or Friday's
Period
Exchange
Sale Price
Bid A Asked
i
Low
A-O
$61%
-
9% Jan
7,300
2
Mar
2%
Jan
J-J
;
5%s.
External
5s*_**_*_—*—*—*1953
F-A
Danzig Port A Waterways—
AExternal 6%s stamped..:*,—1952
ALima City (Peru) 6V2s stamped*1958
Maranhao stamped (Plan A)
Interest
AMedellin
61%
J-D
M-N
1955
External
High
Bonds
j
; niViyii
Ai
Range Since
•
Sold
January 1
Low
NO.
■
'High
J-J
161%
70
$50
72
$7%
$11
reduced to 2%s——2008
M-N
7s
J-D
433
p
r"3;'
1951
39'^
,
84%^;84Vj
.»
6^-;£78 '
8
•
$28
stamped.
.62%
1
35
$55
65%
61%
-£
61%
$33
,
M-J
'
7
14
14
1
24
34
33
15
•
30
•
,
39%
Mortgage Bank of Bogota—
(issue, of
A7s
(issue of Oct.
May 1927)—
1927)-—.
AMortgage Bank bfs Chile 6s
2%
Interest
V
.
A7s
'
5s
£1
•
New
BONDS
Apr
May
May
X22% Mar
200
14%
9Va
Friday
"
-r/-"
-
'
23
.
VA'}
Apr
.»
20
-
29
Jan
13
'
L£d—
-'American
1% Apr
1,200
100
£
5
X21%
Woodley Petroleum
^
2% Mar
800
0%
I
5% preferred w w
Winnipeg Elec common
Woolworth
5,650
5
22% ; 23%
1
*
common
Wisconsin Pwr & Lt 4%%
Woodall Industries Inc
1
5
6y#
114
10 '
Wickes <The)
2% Mar
'
154
l
—*
Whitman (Wm)' & Co.
Wichita' River Oil Corp
Williams
7%
—.10
—
SVa Mar
3,000
7%
29.
Westmoreland Coal*—
—
800
-500
4 A"
4%
•
Foreign Governments & Municipalities
Jan
2%
1%
10%
3%
2
Manufacturing.
*.1.25
West Texas Utilities $6 preferred.—_f
Western Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery-com—_*
Westmoreland Inc
9% May
110% Feb
1%
3%
—l
Wentworth
Feb
Feb
9%
10
_i
*
3% Mar
1% Feb
8
110%
100
preferred*—
cum
"Waltham
3%
9%
Wagner Baking voting trust ctfs ext.*
Mortgage Bank of Denmark 55
jr-N
1947
1931
*-1972
42%
A-O
1947
■
$42
J-D
j-n
$60
42 %
$22
42V8-"~4#:-
74
-
44%
44%
1
■_*
22
22
71
81
Volume 167Number 4699
THE COMMERCIAL & .FINANCIAL CHRONICLE
•
NEW
YORK
CURB
EXCHANGE
RANGE FOR WEEK ENDED MAT
Curb
East
.
.
Bonds
Friday's
or
Bid & Asked
Sale Price
Period
Exchange
Below
Range Since
Sold
.
t
,
„
t
Parana stamped .(Plan A)
Interest reduced to 2 Vis.
Peru (Republic of)—
*:
is to 2%s (ser
Low
A5%s
r
High
Low
No.
listed
High
J-J
1997
J-J
•>'
*25%
.
the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co*
-Stocks-
26'A
27
13%
—
15%
-Bonda-
10
176
m
2%
—2012
6%s
-1919
23l/4
3%
M-5
3%
2%
J-J
1921
:
——
23%
J-D
3%
2%
2%
277
3%
3%
2%.
66
Rail*
Date—
24
18
6
,
ae
Indus*
143k
14
141/4
(Plan A)
Government
on
.
.—2008
ABODE)—
Rio de Janeiro stamped
'
Interest reduced to
ARussian
'
,if
are
January 1,
'
'
.'.if:
Averages
14
Week's Rang*
Friday
Interest
BONDS
New York
.
Stock and Bond
May
3'/a
Total
|f
Utili¬
IS
Indus¬
roads
ties
It
Demi
182.50
,58.73
34.68
67.65
Grade
UtUI-
40
trials
Stocki
Grade
Rails
Rett*
tlee
Bends
"701.60
trials
8_
ie
first
105.29
9020
103.13
100.05
May
•No par value,
•Friday's bid and asked prices;
A Bonds
being traded flat.
^Reported in receivership.
192.94
58.96
34.65
67.81
101.47
105.29
90.32
103.05
100.03
lli._——-
183.75
59.12
34.76.
68.06
101.50
105.23.
90.36
103.10
100.64
May 12,.
183.95
59.45
35.00
68.28
101.55
105.35
90.71
103.10
100.17
May
13-.——
184.82
59.91
35.09
68.63
101.44
105.40
91.15
103.14
100.28
14—
188.60
62.24
"35.54
70.29
101.49
105.59
91.54
103.30
100.48
May
sales being transacted during current week.
no
10——
May
Deferred delivery transaction (not Included in year's range),
d Ex-Interest,
eOdd-lot transaction (not Included in year's range),
f Ex-distribution,
g Ex-stock div.
hExn Under-the-rule transaction
principal.
(not included in year's range),
r Transaction for cash
(not included in year's range). x Ex-dividend,
y Ex-rights.
a
*
Abbreviations used above—"cod," certificates of deposit; "cons," Consolidated; "cum," cumula¬
tive; "conv," convertible; "M,'.' mortgage; "n-v," non-voting stock; "v t c," voting trust certificates;
"f i," when issued; "w w," with warrants; "xw," without warrants.
Transactions at the/New Yorlt Stock
Transactions at the New York Curb
Daily, Weekly and Yearly
Exchange
*
Week Ended May 14, 1948
Shares
Saturday——
Monday—
Tuesday—————.
—„
638,660
—
1,442,050
United States
Bank
Foreign
Bonds
Government
-
Total
Bond
1
314,000
4,555,000
369,000
14,000
"Kooo
3,836,500
4,775,100
/ 7,383,000
364,000
11,000
5,000
; 5,163.100
7,763,000
11,220,220
$23,646,700
$2,008,000
$142,000
$15,000
4,281.600
15,000
i
1948
58,000
199,000
-
354,465
133,000
118,000
3,000
254,000
—
459,430
274,000
——
920,760
———-
—
Friday——
;" Total———
389,000
5,394,985
$26,500
;
Stocks—No. of shares-
$359,500
Bonds
2,837,000
35,336,880
28,286^300
390,272,100
376,698,600
142,000.
1,219,000,
,210000
18,587,000
2,008,000
—
Railroad & Industrial—
' ,V
,:V
23,646,700
Domestic
$1,176,500;
.
$1,048,000
394,000
$30,000
$1,605,000
Jan, 1 to
Week Ended May 14
May 14
1947
1948
1947
:
2,892,415
•
27,549,372
31,668,688
$21,706,000
$23,143,000
3,897,000
2,554,000
1,490,145
Foreign corporate
$1,784,000
$1,048,000
——,
i
527,000
Foreign government—
'
7,000
-
/
"
Bonds
U. S. Government—.
International Bank—
11,000
$527,000
307,000,
1948
1947
98,253,466
.113,144,942
«$15,000
v
.
47,000
80,000
216,000
V
2,892,415
Jan, t to May 14
1948
,1947
11,220,220
Stocks—No. of shares—
Foreign—:
230,000
169,000
190,000
v
J
Week-Ended May 14
.
3,000
,
$64,000
$25,811,700
4,160,000
1,750,080
Wednesday—;
Thursday———.
.Friday——
;Total—
Total
$6,000
511,765
Thursday
$5,000
3,744,600
331,000
522,000
59,000
1,526,200
Foreign
Corporate
$25,000
450,865
Wednesday--
2,026,730
<
$33,000
Tuesday—
2,734 000
$43~000
.
Foreign
185,130
,
Government
Domestic
Share),
.Monday—
$1,315,000
$108,000
14,1948
Saturday——————.
Sales
Bonds
Bonds
Bonds
$1,207,000
2.377,000
Bonds (Par Value)
of
Week Ended May
Int'l"
Railroad
Number of and Miscel.
,Stocks
(Number
Daily, Weekly and Yearly
Stocks,
Exchange
178,000
.
30,000
$1,976,000
v
—
884,000
215,000
$26,487,000
.14,000
$1,605,000
V
$25,912,000
.
•
——-—1—
Total
■
*
$25,811,700.
$19,832,500
#
$406,161,400
$428,805,480
Total
—
OTHER STOCK EXCHANGES
RANGE FOR WEEK 'ENDED MAY 14
Week's
Friday
Baltimore Stock
Week's.
Friday
for Week
Shares
..
Low
Arundel Corporation
*
5% 1st .preferred v t c—100
Brager Eisenberg Inc -i--——-_^1
:
'
Ex $40 cash
16%
150
13%
,
>
;i:.
v
;
100
.
■"
40
177
•
10%
paid May 10
;
Mount Vernon-Woodberry Mills—
■;'f Common'''
———20100
6.75% 1 prior preferred-i:^-—-^.--lOO
10%
,
100":108
—
■
^
158
May
'*
105
87
j 10% May
.
105*
Jan
Jan
506V .105
«v
49%
.
108
n
—2
Casualty—
Amsterdam
8; FidelityMs Guaranty.—-———SO
; ;■'
\
'V
27
£
v
;
—20
Western National Bank
•
.
-:
27
'C
:
51%
52
i :
44
—
44
438
■
,
^
Feb
25
Jan
95
44%
Feb
52
42
Jan
44
86,„
75c
61c
75c
(N H)
-50
—
•5%
Suburban
1975
55
/
: 55 if'
$1,000
45
:
Mar
Elec Securities
,
485/
7*.
,,
:,/3%" Feb
20%
5%
1.4
11% Apr;.
5% Feb
168
13 Va Feb
Jan
39% Apr
+.16%, Feb
110
Apr
125
Feb
30
69
1,515.,
5%
85c
38c
Feb
107% Mar
Apr
Apt
J Jan
7% Mar
15
Jan
14%
13%
14%
667
11% Mar
14% May
Xl6%"
17%
common.
17%
100
11'4
17% May
37%
39%
Feb
34% Mar
320
39%
335
.
39% May
:
'
—5
———
■>". 50
/
,36%
39%
Union Twist Drill
91% Jan
83
14%,
C-.
Jan
68
:
13%
'
Torrington Co
bonds—
Baltimoro Transit Co 4s
5%
lnc———-
Stone is Webster
20%
6
12% Jan
Mar
Feb
14^i Mar
445
38%
11%
7'
10%'Mar
10
37%
,
Feb
6 113
3,400
18%
38%
20%
,r
.110
110
—„——„^100
Mills-'—/
^hawmut Assn—.——
May
May
,
90
,
30c
25% May
-13% Apr
18
May
54c
Apr
469
474
11%'
90 ' *
'
Jan
2,150
18
35c,
11
18
>
Reece Corp
Rexall Drug, Inc——:—— .2.50
28% Jan
$0,
10
16%
Pennsylvania RR
Quincy Mining Co
'
New
305
47C,
Pacific
May
106
19% Mar
12%'.'
High
54
41% Mar
12%
————,—_—5
24
120;
11%
Northern RR
Apr
Low
50%
25%
North Butte Mining———L—2.50
Feb
•
Range Since January 1
High
50%
New England
Jan'
23
40
Mar V
79., i;V: 65
'
Shares
23%
National. Service Cos—— 1
Jan
5
■
Transportation
div
for Week
Electric System—20
New England Tel & Tel——100
Nash-Kel vinator
16% Jan
Jan
Feb
144
High
,
i.i.v'2-...Mari.
12
'Apr'*1''
238
19%
40 '
:
152 .160
160
/
.
4'A ii;.,: 471
40
,
—
Fidelity & Deposit Co—————20
Merchants 'is- Miners
i9
15%
2%
.,4%
.
Zow
High
15%.
Baltimore Transit Co coni v t c
'
Mergenthaler Linotype il———ij-*
Mullins Mfg Corp common
——1
Narragansetfc' Racing AssnJ
„-1
.
"
"
Par
>
Range Since January 1
Sales
.
Range
of Prices
Last:
1
Sale Price
Low
Range
Sale Price
:
.
stocks—
j.
Sales
.
of Prices
Last
STOCKS—
Exchange
35% Mar
42
3,202
48% Feb
56% Jan
875
54% Mar
66
38% Feb
38% Feb
62% Apr
40% Apr
45% Apr
31% May
v
Jan
;
United Fruit Co
United
Week's
Friday
•stocks—
Range
Sale Price
American Tel
.loo
Tel-
&
American
Woolen
Anaconda
Copper
155%
;
-
56%
58
—
—25
—
pfd— -100
Bigelow-Sanford Carpet 6%
Shares
Range Since January 1,
„
.
Low
?
153% 155%
3,825
147% Mar
.
'Stamped;
25
•——
Boston Elevated
122%
37%
'■v372
Railway—
127% Xl31%
40%
125
30%
Feb
125
Apr
17% Feb
20
20%
120% 124
42%
Friday
249
-
42%
2,670
115
/
Mar.
36% Feb
"
:■
May
21
-.v/-'''.;Par ■:
Acme Steel Co
125% Feb
19%
26
46%
19%
♦
80
31%
814
'
25
Feb
47%
135
I
19% Jan
22% Feb
32
Feb
48
3
May
12 4
10-54''
Alum
Allied Laboratories common
-
'9%
5%
100
12
12
154'
400
3% Feb
6
,
21% Mar
1,150
155%
•
Mar
148
1,100
Maj/
10 V4 May
Mar
12
9% Feb
400
26
155%
May
7% Feb
54
1,100
'
6
24%
High
Low
54 '
100
10%
12
:
Range Since January 1
Shares
54
25%
:
♦
Amerioan Tel & Tel Co capital
54
5%
*
for Week
High
10%
1
Castings
:
5
Aetna Ball Bearing common——*
19% Apr
28
Mar
456
———.
—
Sales
•
of Prices
Low
..,
Admiral Corp common—
42% Apr
210
19%
25%
-100
V
Sale Price
•
131% Jan
.
———————
45%
28
Week's
Range
Last
38% Apt
Advanced
Boston Herald Traveler Corp—_
•
Chicago Stock Exchange
155% May
52% May
52%
20%
Z100
Boston it Albany RR——..
Boston Edison
,.131%
39%
.
44%
31%
.12%
.
High
36% Mar*
.50%
»
Son Inc———.
is
39
—10
—w--——
STOCKS—
Bird
v
59%
Westinghouse Electric Corp
High
36%
52%
50
—-
-
54%
58%
for Week
Low
Par
Rubber-
56%
1-25
Sales
of Priees
Last
■
S
U
Exchange
_•
common-
————.
Machinery
preferred
6%
Boston Stock
Shoe
.
May,
26
May
155% May'
Boston t Maine RR—
prior preferred
preferred stamped-i
-100
6%
.100
3
5%
class A 1st
pfd stamped—
.100
7%'
7%
■
cl C 1st pfd stamped——
.100
7%
Boston Personal
Calumet
it
Century Shares Trust
Cities Service
Eastern
Mass
8%
8%
*
Prop Trust-
Hecla—
47
16%
17
6%
—iL—
3
-
63
8
:
8%
49%
213
5% Jan
100
6%
5% Mar
310
17
29.94 29.94
—;
——
■-
13% Mar
105
30
224
57%
6% Feb
27,46 Mar
31%
Feb
,
'9;'.
Armour
Apr,
Apr 5
Apr 1
commort-^,———5
Avco Manufacturing Corp -————3
13
14'
Asbestos Mfg Co common;————1
Automobile Washer common
3
9% Apr
17
& Co
/.
,,
:
>
1%
2
3,450
1%
Feb
4%
2 >
4%
2,200
4%
6%
400
3%
1,700
4%
Ffeb
14% Jan
2% Jan
Feb
6%
6%
37
18%
,
11% Mar
14
36%
4% Apr
,,
6% Apr
May
7% Apr
29.94 May
—
57 % May
Street Ry—
.
6 %
1st preferred; series -A—
.100
66%
66%
12
66% Jan
72% Mar
6%
preferred B
—.^-1—
pfd. adjustment——
.100
86
86
20
81
21%
21%
70
...460
—
X18
,
11%
.
14%*
32%. Feb
40
660
17%- Feb,
11
Mar
20% Jan
450
14%
16 +
100
v
14
'
250
16
16
10%
10%
10%
55%
57%
300
(new)—-2%
27
26
common—.—-1
13
14
13 12%
9% Mar
15
300
57%
••
Mar
300
37%
16 3i
11%;
-
Feb
Jan
13
14%
Apr
17
Jan
11
Jan
93
-100
Bastian-Blessing Co coranSbn————•
Belden Mfg Co common———10
Berghoff Brewing Corp.
1
Binks Manufacturing Co capital
1
Bliss & Laughlin Iric common—_2%
Borg (George W) Corp
10.
5%
Eastern SS Lines Inc common.—
21 \
21
21%
Employers Group - Assoc ;
30
29
30
——
First National Stores-—-—^—.
;
General Capital Corp
General Electric
Zi
—
—
———.
Gillette
KennecottCopper
'
Maine Central RR
'5% preferred <•—
l——1
Mathieson Chemical Corp -
For footnotes see page
42.
100.
100
*
•
Jan
54%
400
49% Mar
58% Jan
45.00
37
38.90 Feb
39%
3,048
31% Mar
35%
37
1,182
28
'.
3%
4
v".
56
11
::52%
900
658
Feb
39% May
37
May
3% Jan
4% Apr
42% Feb
-66% Apr
15
14%
Jan
16
Mar
315
0%
Feb
11
May
52%. 55%:
195
.31%
Feb
36%
50
55% May
36% May
14%,.-14%-
>"
Borg-Warner Corn common——5
Brach is Sons (E J) capital—•
Bruce Co
Burd
<E L)
Piston
common
Ring
■-
;
60%
750
60%
'
9% Apr
45%
21
300
Mar
62
-
Apr
27
16%
May
Feb
9% Mar
14
May;
26
,
,
57% May
May
12% Mar
51
206
13 %
Feb
45.00 May
37
-25
26% Jan
31
53%
53%
common-^—;
Apr
35%
———15
—„—
20
26% Feb
39%
—•
—
Boston Theatre
.338
Apr
23% Jan
44.09
54%:
Safety Razor Co—
Isle Royale Copper——;
Loew's
*
;■
Feb
2l%" Apr
^
10%
36%
11
^
283,b Feb
Butler
Bros common—
———10
Carr-Consoiidated Biscuit common—1
Castle & Co (A M)
common
——10
Central 111 Secur Corp common——1
Convertible preferred
——-•
4%
—
1%.
—,
.
14
4%
3% Apr
36
1%
12%
36%
150
31
1%
13
550
1% Feb
10%
——50o
10%
9%
Chicago Corp common————1
Convertible preferred ——
——•
Chicago Milw St Paul & Pao vtc—
*
12%
11%
Gent & S W Util common
Chic Rock Island &
Pacific
com—*
—
10
—
1,500
*
800
4
12%
65
-66 +
9% 10%
36%
36%
150
10%
Jan
Feb
6
Jan
36% May
1% Apr
13% May:
4,800
V
8% Feb
10% May
3,600
9%
Feb
150
64 %
Feb
12% May;
66
Mar
510
7% Feb
26% Feb
10% Apr
36% May
110
THE
(2162)
34
&
COMMERCIAL
FINANCIAL
Week's
for Week
Last
of Prices
Par
Low
(newi-.t
Corp
Chrysler
Cities
Co
Service
Coleman
Cum
1,200
7%
50
(nsW)
27
28
27%
29%
26
28
Feb
63%
Feb
,
-
Jan
*1150
40
510
40
7%
?«
250
25%
3,400
39
Mav
25
Mar
x34%
■
Corp
common———10
1
Domestic Credit Corp class A
Mills
of
Four-Wheel
America
Drive
(Peter)
Jan
40
Feb
Champion Paper & Fibre,,,,.
Cin Advertising Prod *
rcnis
May
Cincinnati
Gas
common
Lakes
Great
14%
14%
8%
8%
8%
14%
15.%
550
15
18
18
57
59
1,100
8
11
30
59
7%
1,350
1
7%
8
•
353/4
36%
36%
)«
Apr
3%
Jan
97 %
Apr
Cincinnati Street
16%
Jan
Cincinnati
Feb
9%
Jan
Crosley Motors —2-
19%
19%
Jan
59
May
May
FeD
83,4
Jan
28
Feb
36%
Mar
12
50
10
12
May
33
Mar
45
May
Hobart
100
17
Mar
21
Jan
Kahn
17
17%
650
15%
17% May
5%
Hein
10%
10%
27
2VU
9->
v* eruci'
10%
,
—______
Hibb SDencer Bartlett common...,. ,25
Hubbeli
Harvey
Inc
Illinois
Brick Co
Illinois
Central
Feb
Sail*
Ext
Co
&
Leath
Uuir
22%
7%
8
commwu—„,_5
Marshall Field
4%%
Mfg
it ~ *,
~ ~
common..'
9%
-
9%
10%:
vtc
common
$1 prior preferred
It
n —
—
14%
Vvaiu
10
bi
28%
Feb
.€%
15% Mar
8 3/4
19%
Part
163/4 Mar
21%
44%
72
Jan
Northwest
Oak
Bancorp
common,
:
1
Coal
prior
6%
Co
Pressed Steel Car
Rath
Packing
22% Mar
Feb
S
3,250
7% Mar
10% May
.".* (""1
25%
13-ft Mav
200
■
15
Feb
22
28%
20 i
Shellmar
Prod
Signode
Corp
01
28% May
29%
Ice &
$4.50
May
21%
-
Steel
36% Mar
Cleveland
37%
Consolidated
35
800
Mar
Society
South
19%
Feb
22 %
Jan
Eaton
Apr
Jan
Glidden. Co
Apr.
Goodrich
19
20
20%
19%
20%
2,100
•163/4
Feb
20%
10%
9%
10%
300
9%
Jan
10% May "
29%
33
31%
,
18% Mar
20
Feb
31
1 12%
11%
>27% Feb
33
11% May
15
Gray
May
300
12%
Jan
39%
40%
12%
12%
400
30
33%
2,350
•
12%
12
f
12%
1,200
•7
32*"
10%
26
250
113/4
Inc
Louis
23%'
7%:
7%
-
26%'
27%
250
11%
12%
3,000
32%
1—___2
common
:
32%
^150 "
7%
12%
Nat
24%
47
46%
Stewart-Warner Corp common
15%
10,400
15%
300
14%'; 15%
,10
17%
17%
•
34%
8
24
Container Corp common
Furniture common,
3
400
3%
'
11
1
Sunbeam
Corp
common
Sundstrand
Mach
Swift &
capital
Tool common
Swift International
stock—
Feb
Co Ltd
ctfs of dep,
25
P)
Drug
2
30%
common
208 Bo La Salle St
Corp
;>■
48
Westinghouse Elec
&
Wieboldt Stores Inc
Indust
Mfg
Interlake
Jan
7% Mar
,
30
28%
32% May
v
Jan
33
2% Mar
3%
310
12%
Feb
.,4
8%
1,300
7% Feb
150
17% Mar
"
34%
200
24
34 V
<
27% Mar
500
19%
200
303/4
Copper
Steel
Steel
Certain-teed
%
&
Columbia
Continental
(Un)
Oil
Patterson
Radio
21%
Corp
Jan
Republic Steel
Feb
623/4 May
Steel
(Un)
21%
30%
650
28'A Feb
37
Jan
48
450
44
Mar
48
Jan
100
94
Feb
400
63
Mar
46
31%
18%
10%
10%
12
14%
14%
50
4%
1,200
650
-
1,250
loir
25%
Feb
79
U
133/4 Mar
11%
10% Mar
14
3%
1,300
1,500
12%
Feb
30 %
/
13%
.f
:
30%
Feb
"21-
12
30%
29%
30%
500
26%
Feb
36%
34%
36%
1,400
30%
Feb
Steel
18%
16%
18%
700
13%
12%
13%
1,800
10%
Feb
8%
7%
8%
1,700
6%
Feb
7%
7%
7%
1,000
4%
Jan
-III
14
Mar
5% Mar
39%
35%
39%
1,400
31% Marl
33/4 Feb
18% May
13% May
1,700
14% Mar
18
2,100
12%
common
Iron
800
4,100
10
4%
Feb
Feb
143/4 Mar
•
2%
,
5
4%
5
9%
9%
9%
2,700
4%
Feb
400
8% Feb
14%
;
31
*
Jan
-
T
Mar
14%
Feb
20
M»r/
:
25
-
*
.
Jan
Jan
12
Feb
14%
Apr
31%
/
Jan
35
Apr
35%
Apr
14 %
May
13%
Apr
-
29% Mar'
'
•
12
Feb
10
Feb
•>
33%
Feb
*
'181
.
—
-*
150"
r
a
50
■;
4%-
|l4%-3
'1,210
16 i- al6%-
-131
/
^
40%
-
a33%
a
373/8
:
70
33%.;
•t-"
373/4
25
/
-
23%-
Jan
-
25
/■':.'•/
"
;
-
/'A'.**4*
495
Feb
*• -
&y* Jan *
*29
-
Jan
f
*
Feb///*, l/'* 4% ■May.';;
>2%
Feb ' •*>
-12%
Jan:
27%
Feb
Feb
••
16% Apr
40%
-//
.
;
Apr
38 Vs May
,
";'
,135
23% May-:
.
-
7%
20?%* Apr
t\:A'
Feb
Jatt
27
r
Feb /r./
"16%
.
*
27%
146
__/;_10
(V
;L:
10%
*
I
<fc
,
12 % May,- -
l
Tube,.
'
739
-
937/-
32
Feb
/
29
41
Feb
./V;.
47
.;
24%
113
•
Feb
May
Apr*
2214 May
78% Jan
.
.
XX
,
6734 Mar
76% a76%
4'-":-.?*
al7% al73/4
■*
7
10%
Jan
'
19
Feb*:.;
23%
Jan
25
10%:
a21%a21%
50
137
10%
a
22%
49i
;.C
.
a75 % a 77%
Works
Sheet
46. 1
-
31%
(Un)
•,:/'
27%
43-
••
l*
65%
Feb
79%
Jan
18%
Jan /
Mar-
-
19
14% Mar
:
*
-
Watling, Lerchen Si Co.
Members
New York Stock Exchange
New York Curb Associate
Detroit Stock
Chicago Stock Exchange
.
Ford
Exchange ./■:
Telephone: Randolph 5530
6 3/4 May
May
5
Jan
Detroit Slock
*
"\■-1.;
v\'r"~+t
•'*
■
Friday
.
Exchange
Week's
Last
•
•-;•/•'/
STOCKS—
;/"'•/-.••
i,
Sale Price
Safes'
Range -f;
for Week
of Prices
Shares
233/4
24%
300
18% Mar
17%
900
153/4 Mar
23%
•
35%
343/4
36
1,500
X25%
Feb
36
•
12%
11%
12%
3,300
l
8
Feb
."•'
12% May
10% Mar
Burroughs Adding Machine,,,!.,.•
Consoliadted Paper ;
l____._____..10
16%*
16%
29% May
21 % >
21%..'21%'
Continental Motors
25
79%
13%
13%
13%
1
27%
233/4
27%
6,200
14%
13%
14%
7,000
l
9%
29%'
Spring
~i
*
20
3%
16%
9%
9%
800
7%
29%
1,600
19%
20%
8,700
14%
500
100
78%
3%.
15%
79 3/4
Jan
May-
.
Allen
,
•
; '
"
•
/;•■•
Electric
American
23
Feb
Feb
Feb
Metal Products-^.-...,:
Feb
80 %
Apr
11%
Feb
143,4
Jan
2
—....,___1
20% May
69%
Par
1
Brown-McLaren common;,,.,.,,,,
28%
.
16 % Mar
9%
Feb
.
DETROIT
Building
16%
•
r
;
Davidson
Detroit
&
Bros
Detroit Edison
Detroit
3%
1,700
2%
Feb
14% May
3% May
16%
1,100
12%
Feb
36% Mav
Detroit
;
Cleveland
27% May
Gasket
1
Navigation,,,
•
/
wl
;
233/4 ;
8%
7
High
2%
23%.
1% ;
7%"
6%
16%'
8%
.•' 7.
5%
21%
21%
10
10
10
..,,'1
1
1
2%
2%
12
p
5%"
.
Apt
890
1,
*12%
150
/
21
2% Jan
*23% May
rl»i Jan*
Feb
16%
23
Mar,
.
May/,
Feb'
'
^ % Mar*
JB% May'
400
6% Mar
1,469
1/4:. Mar
20% Mar
21%
Jan
Feb
11%
Jan
200
?
9%
400
•
*":
2%
l,:'
High
'■
7,561
2%
12
Feb
Feb
,1%
1,490
;■
5%
19
400
300
;>100
1%'—..
21%
1
j
Low
234
5
Range Since January
..**;
23%'*
20
common,
Gray Iron,...^,,
Detroit-Michigan < Stove
Low
;
2% Mar'
235
10 %
Feb
7% Jan
•c
■
,
Apr
3A-*'
.-
(
AA, 135
a
,
24
40%-; Jan
4
:.y.
26%
so
19%
19
4% Mar
33
125
all % a 12/8
a
24%.
Standard Oil of N j
17
/
May.
250
iI-
-
5%
17%
1
15
page 42.
=■*■;
Mar
260 >
£
-
38
33%
see
Mar
lV/i
152
13%
-
10% Apr
24% Apr
Radlo-Keith-Orpheum
Republic Steel Corp common
Soeony Vacuum Oil Co Inc
For footnotes
4534 May.-
•
•
common,
58% May
/
14
.12
-5
259
34 3/4
■
.
.37
i
a27% a27.%
,«•
:
173/4 May
16% Jan
Suttray Oil Corp
Corp
Jan
i"
39% May
5% Jan
173/4
common
27%
Mar #
38% Mar
-13
•
Apr
Feb
18
it Co
a
5 Vs
*
Apr
6%
15%
Steel
583/4
8% May
8%
/
163/4
Stntfehaker Corp
Apr
39 '/4 ivj.«ty
-
22
,35/'
/-.
•
40
Motor
36% May
17%
-
^
.
220
I
12
37%
•
._._*
30% May
105% May
92% Mar
18
common
/
.250-.
.
.//Is %'-:"
138% Apr
23/4 Mar
•
common
21
^
•->•-'47% Mar
335
"
14% al4%,, •
33% 34 ;
\
a33%
,*
4% Apr
15% May
800
15
5
Radio Corp of America
40
34%
50% Mar
143/4 Jan
Feb
5
com
Feb
Jan
13
6%
Standard
14%
v
Youngstown Steel Door;(Un)
Jan
-
Feb-,
4%
new
51
•:// (!0%- A nr ..'
Feb
86
50
13%
;
.
*
(Un)__.
Dorn
Youngstown
31% May
18% May
10
5%
Pictures Inc
Apr V
Jan*;
34%
:
31% Mar
;
<■ '
14%
America (Un)^.—_*
S
White
May
5
Pepsi-Cola Co
Pure Oil Co (The)-
/ 47%
9%
-
'?:3 3
•
i 33%
;
,i
Standard OIL of Ohio common
119% May
6%
Paramount
-V
May
Jan
l
Airways Corp
'
-
215
v
a
*
Richman Bros
4
....
Apr
393/* May
«110
•
-
43% Mar
220
30
(Un)z.^..i2t.,„_i50
RR
Feb
May
Light
Packard Motor Car
:■;> 5
:
13%
*
___:
of
52%
13
15%
•
_
,
.m
Sargent
Pennsylvania
Nash-Kelvinator Corp
New York Central RR capital,,:.
North American Co
Gas
58%
.
16
_♦
Motors
Graham-Paige
a
30%
f
^
(Un). _.l——1,,*
(Un)
200
111
;
I
813/4
.
Jan
263/4 Mar
•
Jan
Apr
•16% May,
Feb
105%
Jan
32
•
75% Mar
v
..
Aprv
18
'J
Feb
34%
22
a45 V4 a45.%
;X: 14%
Acme
Jan
38%
.,,1
*
•
■
.«
Jan
Apr
22% May
-154%
Feb
14
227
a56% a57
•
CentraL RR (Un)._
Brass class B _,.i
400
1,300
28%
4%
(The),,.
Motors
••-
High/ >.
3%
4%
>
45%
28% Mar
:
,
/-105
a56 % a56%
_1
Y
19
12
*
General Electric Co
Pan Amer
$
10
-4,0.
62%
100
Farnsworth Television & Radio,
:79
a
'
--
;
.373/4 May
5,644 AA-12%
16%
a35% a37%
13-
Mar
27
36%
new
System Inc
Curtiss-Wright
Laclede
a583/8
;
13%
Ohio
34% May
15%
Products
Gas
52
a24% a24%
Laughlln
36%
Feb
Feb
38%
Fe
common
vi
20
Jan
•
com
Corp,.
Topeko & Santa
A
3% Marr-
rr
25
13%
Ohio
9% Jan
18%
.,,50
San
.-lA-,
a291/8a29I/8 ;.
14%
N
Apr
10
& St
Mining
185
al3% al4y»
Steamship
16%
17%
1
American Radiator
100
.
5
* / :/
National Tile & Mfg
153/a May
79
14%
•••'
'
•"'
Alleghany Corp
Armco
:
National
Jan
11% May
47%
10%
5
•
.-.'v./::Va49»/8-a49'/a; '
Metropolitan Paving Brick
Mar
Feb
77%
2
_________
Jan
Range Since January 1
r
Low
3 %
108 3,4
Kelley Island Lime Si Trans—.—__*
Apr
Feb
31%
•
Apr
'
,
Sales
Shares
a3%
'
Lamson & Sessions—..__._i.______lo
Medusa Portland Cement.
.24% May
8% Jan
Mar
37%
79
12%
capital
Stocks—
Bethlehem
77
.
al08V4
21,,
30%
._„_*
common.
common
Yates-Amer Mach
Atchison
-
.
.
Jan
V" 9%
119% 119%
•
com
common
Wisconsin Bankshares
Anaconda
-
.
18%
1
50
for Week
High
5-14%
common
Van
Unlisted
79
Harbauer Co
15
•
Jan
49%
48% Mar';'".;
:- /• /v%•>;(»"
62%
•
Union Carbide Si Carbon capital
U S Steel common
Woodall
16%
Towing commort;i.__,100
Interlake Iron
50
23%
19
Jan
Jan
15
Jan*
40
42
17% "17%
llj't
Stores
Lakes
14
Feb
6
110
*
: -a39% a 40%
(Un|
(B
Apr
1,100
18
32
15
29
May
».
2% Mar
X5-;/';:70/
22
V 22%,
258 ■'-:•••: T63/4 • Feb
153% 154% Ji «,• 83 ;:-l47% Mar :.;
(Un),
33%
Feb
25
■
/ >
a39% a39%
Greif Bros Cooperage class A.__
'123/4 May
11
34
5
Tezas Co (The)
Thor Corp
Trane Co (The)
13
71%
Feb1
62%
165
of Prices V:
040% May
*
Feb
Mar
47
7%
25
21% May
1,292
Exchange
-
Co
:
102
■/:
••;
II wV ' a29% a29%
Electric common" (Un)
Ohio Edison common
Stone
46% Jan
Feb
40%
•
Stockyards capital—*
Standard Dredging common,,.,
20
Standard Forgings common,.
1
Standard Oil of Ind capital,,
25
Storkline
401
Range
Goodyear Tire .& Rubber common,.,.,*
Jan
1,450
33
24%
Jan
45%
f, Week's*
common
—v.,,,,,
-21%
Apr
27 >'•:
49 Va
,
Common,,, ..,1
General Motors common
21%
■*' - 30%
Manufacturing:
Apr
350
capital,—,5
46% Mar
a3%
I.
(Un)..; -A
Natural, Gas (Un).;l ,15
,23
21%
common——1
20
48%
Graphite Bronze
General
—50
Works
Feb
48
47*
^
Erie Railroad
21%
33%
Clothes
Lathe
Jan
16%
48%
„
,
.100
Jan
V 7% Mar
150
Iron
9% May
21%
>•
Jan
19%
Mar
44
*'
,
__1
9
oa.11
Corp__—
Brand
Bend
Spiegel
St.
Oil
65
Mar
13
May
Jones
Sinclair
Mar
16%
50
••r.'Vv 3%
—...
preferred
26
b*>a
common...:
62
194
13%
14
■W'
prcfererd
15% May
common——*
Strap
&
Cliffs
32% Mar
3,450
&
15
18%
67%
._50c
Fuel
400
22%
40%
62
Low
..,.1
.Cleveland Electric Illumin
Jan
1,150
L
Jan
'
„25
200
36%
34%
-12%'
58
22 34
■
,
-100
300
15%
35%
30
Coach
Cleveland
9%
capital,,—
1
Bears Roebuck & Co capital———_,*
Sefrick Corp class B common,—i—1
Apr
66%
5
City
8%
Cummins
51
Sale Price
Boay.
Great
Schwltzer
70
>
13 V«
47 •■■•>
Clark, Controller
Feb
253/4 May
483/4 Mar "
too
u*
21%
•
Jan
52
21%
ZZII50
L
Chesapeake & Ohio RR
9% May
10%
33%
,—,__10
24
14
99% May
73/4
8%
common—
24 % May
Apr
67%
'
•
*
—
American Tel & Tel (Un).
28% May
99% Mav
—c-i.,1
common
Sangamo Elec Co
Feb
42%
45%
1 iiili'I,*
& Gamble
American
25
—^-10
common
19%
ISV2
48
•
Brass Mfg,.;,;.....
Alleghany Corp (Un)
a
Pennsylvania RR capital
8% Mar
165
150
13%
Par
9%
Penn Elec Switch class A——
Apr
24%
18%
50
_——
Akron
8%
preferred™
7
Jon
10% May
62
■v..;-:/1-STOCKS—-,
1
common.,
180
Jan
8%
81
6% May
21
Last
..i—5
Manufacturing common
Peabody
90% May
:
Apr
Mar
"
Friday
Mar
200
36%
-•
7%
73
220
7%
Jan
80
230
*
Jan
3,200
34.
common—20
3
303
.
51
51
*
Apr
1,000
1->7V
15%
common.—.—,10
American Car
North
7%
-
23%
10
Electrotype
Printing common,,,..—..
4 % %
National Standard
■'Z
preferred
Sons common,.—..
Jan
IOV2
Feb
9%
28%
National Pressure Cooker new com—2
;;I_
Cleveland Stock
Apr
99%
-
0O7a
._*
10%
Apr
Jan
6
50
25%
Co.————
<st
Muskegon Mot Spec class A—
•'•¥■ 8 Va
•
Preference
-
Montgomery
/■ 10%
Jan
6%
1,050
1
—10
—*
*
Mar
20%
Jan
10% May
2,200
19
99%
"9%
27% Apr
101
Mav
8%
1,500
68
'
26%
28%
—____100
capital,...
Miller & Hart Inc
Modine
*
Co common.—
Si
preferred
West Corp
Middle
76%
24%
23% Mar
Feb
6%
100
9%
19
59
:
37
Mar
3,8'50
17
9%'
■
19
F£b
6
V
.
15% May
Mar
21
450
6%
16%
9%
Feb
28
160
10
6V2
9%
300
1,400
10%
9%
10
62
U
1,000
1
8
10%
17
Jan
4% May
15%
Printing Co common...——,1
Jan
19% May
3 V« Mar
37
Lindsay Lt Sc Chem common——.—*
Lincoln
64%
Mar
52
13%
•
75%
Rapid
19% May
21
7
Jan
jan
100
35%
Libby common
Feb
'
Proctor
11
a
200
15
common...
Libby McNeill &
75%
Lunker.heimer
Mar
300
22%
Switchboard common...—..*
Kellogg
La
Co
Mar
23
93
Apr
Jan
May
30
4%
37
10%
Drug
11%
23
58
100
common,,,-,—,——,1
Katz
73/4
i
Feb
IX
—10
comon
5
196
90%
7%
-
i
preferred
Jan
19%
"4%
Independent Pneumatic Tool com,,—•
Indiana Steel Products common
1
9 V4 Mar
56%
.<fi
90%
7%
Mfg Co common—_—,
18%
3%
1
90%
25
Telephone
(E)
24Va
350
19%
11
...
..
..1
capital,.—.
RR
.
(new) ..5
common
Corp common
Hupp
1,700 /l;:
10%
27
__20
Insulation
Hatfield
100
18%
-1
Jan
J£n
4
: *
23%
47
/, ,_._;_50
Gibson Art
45
r*>rv.«-
100
Mar
Apr
C/4
18%
Brew Co capital
(G)
5% "
25%
101
—
Drug
12
__1
Haroiwhfe°er
Feb
...
P common,.
Kroger
Heileman
18
5%
Eagle-Plcher
Formica
45
17%
3
J 48
25%
•
N O & T
•
common...
2u*
23%
32%
Jan
C
•
Dk
3 V4
,23%
101
•
50% Mar
500
3%
*23%
100
Mar
82
High-
29% Mar
Jan
1^% Mar
250
common
&
48
18
Rubber common.
Dr
'
Loto
137
30%
3 %
8.50
—
Feb
2%
1,700
■
5
Goldblatt Bros common
(W H)
3
97
,10
__——
Range Since January 1
High
20%
1
10%
8% Mar
150
common.,.. .1%
Razor common
Goodyear Tire &
Gossard Co
2%
95
'.AO
General Motors Corp common
Gibson Refrigerator Co common,.
Safety
400
9%
14%
———
General Candy class A
Gillette
3
ahc,,,,.—
Auto
Brev/ing
9
•
(The)
Shares
Low
20
Mach__L._
Dow
Flour
Fox
9
Mfg
Eddy Paper Corp
for Week
/
American Laundry
293,4 May
28% Jan
Feb
Par
'
Apr
Preferred
Dodge
Sales
Range
of Prices
Sale Price
STOCKS—
57% May
6% Mar
150
40
29%
—
—
52%
32
Last
Jan
80
Exchange
Week's
'
•
(new)
Friday
High
Jan
71
910
57%
III
common
preferred
60 %
50%
7%
Commonwealth Edison common— —-25
Consumers Co
57%
57%
•
Cn Inc
(The!
57
75
Cincinnati Stock
Range Since January I
Low
60%
„_10
common
Products Co com,
Club Aluminum
Shares
High
73
Chicago Towel Co common——«
14
Sales
Range
Friday
Sale Price
STOCKS—
WEEK ENDED MAY
FOR
Monday, May 17, 1948
EXCHANGES
OTHER STOCK
RANGE
CHRONICLE
6%"Apr"
2% May
12%
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
Volume-; 167 : Number 4699
It
«*•!,
,
'
.
OTHER STOCK
1
'
Last
*
of Prices
Low
Par
Electromaster
Federal
Trailer
Hi
_—
10 Va
4:1-'
1 Va
1
L—1
common
90c
18
Jan
Orig
23 Va
Feb
Jan
1%
Jan
4.88%
Feb
.
General Motors
Gerity-MIchigan Corp
Goebel
Brewing
Graham
—.10
—
59
567a
7
—
6%
-
5
Paige common ^
1,129
52 %
Feb
7,600
',
7%
5
5
common..
59
6%
5
59
Feb
4
500
5%
4%
9% May
Feb
Ball
&
5%
Standard
Jan
22 7a
277
20%
Feb'
23%
Jan
17
17
100
14%
Feb
17%
19%
20%
16
Feb
21
:Jan
11
—__*/
,
—
.1
___
10 Y»
11
8%, Feb
15
Jan
17 %
18%
1,250
18 Va
King-Seeley common —
s1
Kingston Products ■———.t———1
1,209
935
12%
Oil
Wines
common
286
2%
2%
425
McAleer
100
1%
1%
460
3
Apr
265
6
3 Va
10
15%
.sit;
V
Packard
Motor,Car.—
Parke
Davis
Feb
Union
Oil
United
2%;
■■ 'l
4V2
*
20 s-
Brewing.
Raisin
River
Paper common.
Manufacturing
Sheller
Standard
Tube
16
B common.!
class
-
22 %
United
■12 74
U
S
Radiator
1
.
Woodall
Industries
3/,;;
Los:
1,450
9%
1.2 Vj
15%
?
10 Va
12%,
18
1
5%
Friday
*p
9 %
Petroleum
.
Barker Bros Corp common
Basin
Oil
3%
Co——
i
'»
25%\
20c
Corp;.—j.—
' 8%
.
Broadway Dept Store..*......—\
Jackson Co
+
.12
Feb
Feb
6
6%
'
25%
Feb
7
Jan
13%
10% May
Bendix
9c
500
8c
May
1.40
200
70c
Feb
37a
4%
2,200
3
Mar
515
37
Mar
39
May
Jan
10
Mar
-780
14%
21%
Corp.*
2,470
17
»:
6%
' 6%
-.
2,020
8% :t;'; 92.7041
:
'
12%
11-12
-
v
:
Feb
/
-
10[:
67a
6%
300
4%
Feb
16
772
12%
Feb
15% Apr
Co..——:—100
16%
147a : 16%
437,
4374
437a
a35
a35
60
36 Va
910
30% Mar
36 Va May
26
170
23%
28% Mar
:—5
Corp.——
36%
Corp
.1
9%
lOVs
Electrical
Products
Corp
Emsco Derrick dc Equip Co.i^...^
Oil Co
Exeter
class A____.
Farnsworth Tele & Radio
class
Stores
Fitzsimmons
;•
62%c
,
14^
1
9%
63%
Feb ;
25
—25
a64 7a
Gas
Electric
&
-
21V2
Jan
35 v;
—1
(Del)
Publishing
Jade
Oil
61
;
60c
'
277a
Kern
•
Feb
Feb
39
a44% a45%
"
320
Mar
Apr
147a
Electric
Foods
'
59% May
*■
company.—
44
<
'
3%
:
Mascot Oil Company —
Menasco
Petroleum
18% Mar
4% May
Feb
<
1.25
—_
8%
47
Prod
Nordon Corporation Ltd
Northrop
Aircraft
Occidental
20 %
York
90c
1%
Northern
a7%
i.
•
Packard
,
a8%
___
•:f,
...
d-'
Corp
16c
Motor
Pennsylvania
Apr
•
12
«
3% Mar
-
1J0 Feb
3%
•6%
<■8% Jan
20c
>
J':<
Pacific Finance Corp common.
?
•
Pacific Gas & Elec
Pacific
70c
Western
Oil
20
Warrants
34 Vs
51%
24
23% Mar
a57% a57%
Corp
-
49
•
6V8
6%
3,200
Co.—....——.—:—1
95c
1.00
-3,850
Ranch
Richiield
"Ryan
.
22
520
28%
Oil
Oil
Corp
commcn.t—
"Sears
•
85c
&
2,015
Apr
305
St
Regis Paper Co
Distillers
Oil
Co
2,931
15%
Apr
__3
;*
39%
39'/a
1,318
32%
30
15
52
52
a
Brands
Oil Co
Standard
Oil
Standard
7%
Btudebaker Corp
Apr-.
.3
Shell Union Oil Corp.!
Sierra
Trading
•
Corp
Signal Oil & Gas Co class
A
25c
•
-Signal Petroleum Co of Calif———1
For footnotes see page 42.
52
a40%
-
20c
__
42c
117
a40% a40y*
105
16c
20c
32,500
159
160
60
37c
42c
r
5,200
,
46
28%
12c
122
32c
Mar
Feb
Jan'
Feb
Feb
945
5
a47%
a48. r
117a
/
12% :
14%
:
15%.;
;
of
■;
May
Jan
Mar
Jan
a57
255
42%
Feb
350
4%
Feb
335
8%
Feb
107a
167a
Feb
48%
Feb
19% Apr
58% May
V;
18%
187a
b? 514
■
a61
;,6io
20
487
16
177a
12%
a
'
15%
19c
May
166% May
Mar
Pictures
38
May
5
Jan
56
Feb
207a May
22
Jan
56
25
487a
Apr
May
487a Apr
815
,
; V.
12%
25%
974.,
27a
2%
35% May
Feb
8
V 200
Feb
8
2,388
'. 428
37a
10% Mar
247a May
15% Mar
/ 417a Mar
1,160
390
3574
37a
Feb
Feb
Feb
167a
1,222
v
9V4
v
4y8
8%
187a
.
Mar
12% May
9% May
2% May
17a
Feb
200
3%
Feb
4% Mar
2,485
22%
Feb
29% May
3%
297a
277a
29%
11%
1174
11%
2974
2974
275
26
Feb
117a May
32% Apr
*
55
55
55
100
547a
Apr
55--May
197a
2074
47
47
/.
;
15
?
—
<
/
750
a46% a47 Va
78 3/4
807a
237a
.
.
'
Feb
38
: 415
1
Mar
28%
a2378
28%
5
10,
1
10
Inc.-——
5
*
a28%
a
80% May
Feb
27V» May
-
286
30% Mar
36% Jan
616
537a
Feb
497a
Feb
627a May
59% Apr
19%
Feb
287a
19 y4
Feb
80
123
525
179 7a
a
987a Mar
258
Ve"1'
L'
37a
237a
16
50
al7% al77a
3%
1567a
140
185
a28% a29
-
37a V
-
«
a
12'/a
—12%
30%
1
10
10 3/4
»
,
81
aU7aal23/4/
*:
3% May
42% liar
10% Feb
13% Apr
23% Apr
18%
Feb
25%
Feb
7%
Feb
468
a46 a46%
257
May
Apr
28% Apr
19
Apr
Feb
633
a24
30%
103/4
25% Apr
174
•
225
a237a
.*29%
10
Jan
Feb
Feb
28% May
123
38Va Feb
27a
575
101
a45 a457a
a235/a
May
Feb
'
-a 185
May
160
r
627a
123
47
17
a22% a237a
■
123
'
7174
678
4,242
a59 V4 a597„
•
47
27% Jan
695
>
*
11-10
207a May
Feb
3574
25% Feb
116
34,
34
15
345
*
27%
627a
1174 May
2,352
a27 a27Va
25
——
Westinghouse Electric Corp
Willys-Overland Motors Inc
Woolworth Co (F W)
Feb
2,375
20%
11%
2%
Co—.——100
Bros
55o
12%
May
26%
'
,401
177a
35 Va
3574
26
...898
•
a49 % a 49 V4
a49 %
Apr
5
1.75
Twentieth-Century-Fox
Union Carbide <fe Carbon Corp
Union Telegraph Co—
20
Feb
17%. Feb
337
.
5
56
,■
t
13% May
16% Jan
9 Va
15%
890
377a
167a
20%
21% Apr
17% May
12% Mar
277
:
26
9b 9%
24%
17% May
Feb
18 V4
1,815
16%
23 Va
24%
Apr
157a Mar
1,700
:
13%
a
247a
26
,
Warner
;
141
177a
20
* ::A.
47
*
———25
a47%
J),—
25/- 807a
1 > 27 Va
25
Western
May
974, ;
17%
*
——
52
May
41% Apr
Jan
54% Apr
15
May
56% Apr
67a May
6 Va
■v
:
——50C
—:
Del...——
United
31
Apr;
127a
2,033
17'/4
*
157a May
Feb
5V4
common.l
Corporation (Del)
U S Rubber Company.—
18% May
12% May
Feb
2574 Mar
50
aGOVa
56
Corp—
Union Pacific Railroad
United Aircraft Corp
United Air Lines, Inc
May
a54 '/a
a6~f
—•
Company
Texas Gulf Sulphur Co
Tide Water Associated Oil Co—
47
53
490
/
,
17%
•
117a
620
15
'■/■./9%;
17%
Inc
(Ind).
(N
37% Mar
.' 1C
Apr'
5% Jan
3% Mar
70
1,784
.31
31
137a
/./;■/ .J'/.V'f
50
39% May
..
/
—
25
Texas
s
•Security Co
Co
Swift St Co
7
Feb
19%
53%
-2.50
Socony-Vacuum Oil Co
Southern Railway Company,—
Jan
20%
17% Mar
18%
6
a
Feb
May
1.10 Jan
25% Apr
4y* Feb
19%
16%
Co.—
Co.
.
.
Feb
3
Finance
29
Mar
Feb
,
55%
15% Jan
3,116
6%
5%
53
24
Feb
1
Aeronautical Company..
i__l
Stores Inc
——5
Roebuck
:
25
23%
■-*
Safeway
'Seaboard
28%
,
•
,517a
47a'
Republic Pictures Corp
Republic Steel Corp—
Jan
36
47% Mar
24
Apr
147a May
25
6%
——————
Scheniey
; May,
20
.30% Mar
-
Feb
// 4V4
,;
31
.33 Va
—
38%
11%
a60 7a a60%
a57
//
.1
Corp of America
Radio-Keith-Orpheum Corp
397a May
32
Mar
34% Feb
.
235
; 875
Co—
Inc
Radio
Seaboard
2.80 Jan
:
15% Mar
20
Republic Petroleum Co common—___ 1
Roxall Drug Incl<—3L_1
2.50
Rice
Feb
33%
Lighting Corp common.
Public Serv 1st pfd...
Pacific
>1.95
2.60
50%
common...
Pacific
2.55
;
;
100
1
Railroad Co.—
Standard
I
Oceanic Oil Co
5
Jan
;
12%
Dodge Corporation
Incorporated——
Pure Oil Company
—
Jan
137a May
-
•'1,451
,13% May
19% May
Feb
;
"is
;
Pullman,
•■:—
a__
-!
Feb
Mar
Jan
1.75 May
—
Mar
Apr
1.30 Apr
;
-
6V« Mar
v> 35c
45c
Jan
Jan
15c
13%
43C
Feb
Feb
Va
14%
a58 Va a58Va
—10
Pepsi-Cola Co
Jan
39%
377a
Car
Jan
/; 1.40 Jan
23 Va Apr
Jan
.
<
Inc
...
Paramount Pictures
30
Feb
a—
16c
■
;v
«
American Airways Corp—
Pan
1.05 Mar
al5V» a 15%
,
10% Mav
8% Apr
24% Apr
Feb
15%
<vV 550
1274
Company
Feb
Jan
1974
*
Oil
Ohio
9
20
Pacific Rwy Co
Jan
Feb'
3
100
300.''
Apr
317a May
'
1-5
RR—
Aviation
>34c
May
95c
13,140
;
Co-
Inc
Petroleum
14%
500
4%
20
140
37%
15%
Corp
Central
American
15
f
'1.10 Mar
-
60
Mar
77a
-
145
,
North American Co
51
^ 22c/--Jan
3,280
•
Co
Monogram Pictures Corp
Mt Diablo Oil Mng & Dev
National City Lines Inc
National Mallison Fabrics
'
:V
;
Manufacturing Co.-—
'Merchants
*-
1,722
50
1,385
.
Jan
21
Apr
97 %c
•
8,025
V
Corp
1374
'•*,
•
Inc
Distillers
North
.
15% Mar
15% Feb
166
Co
Aircraft
Lockheed
a 23%
8% May
6% Mar
a38% a38 7a
12%
*
—
May
550
798
=
:27% Mar
770
,
*
7%
a23
a48
3
''
" '
Nat
Co
Petroleum
Lincoln
,
~*
pfd—.
Montgomery Ward & Co Inc.
Nash-Kelvmator Corp...——
Co
Co
77a
14%
Motors Corp————1
May
'32
Mar
2.80 May
1,562
7
820
107a
39%
Co.
Corp———
F)
(B
'
Loew's
Apr
Jan
1,000
1674 Mar
,
356
1974
May >
10
Feb
-
1.55
7,680
23% May
13% May
f•535
,,
97a
.
77a
—*
International Nickel Co of Canada—_*
International Paper Co
—15
International Tel & Tel Corp..—*
Kennecott Copper Corp
*
Laclede Gas Light Co—
—.—4
7
Libby McNeil & Libby
;—:
Mar
8%
:
*
•■
Jan
95o
7,800
——
217a Mar
274
24
a23 Va
*
51
'h 24
Co
25
Apr
28V4 Jan
3V4 May
'••,■■
-25% Mar
: 152
5
'
99
Corp——
Feb
31%
1374
—.1
Phelps
Lane-Wells
107a
'
1
Interlake Iron Corp
125
May
14% Jan
County Land
Apr
31%
•
Share Co—___—
St
Graham-Paige
"
Apr
■;
Jan
59%
100
24
a617a a617a
—5'
u.
Co, (The).——
Great Northern Ry Co
Apr
Jan
14
■-<
Mar¬
1,400
137a May
300
87a
•'77,
Power & Light Corp.—
General
Mar
-
Apr
Company
Kaiser-Frazer
87a
5
—
Corp
A
Bond
General
Jan
*
io
.Lu.
Mar
'
Curtiss-Wrlght Corb common-
May >
,14%
Apr¬
X Feb
il
y*- 8V#
Corp
Feb
«
c'
■
\
Zellerbach
Apr
>55% May
10%
13%
Corp.——
a60%„
Feb
Petroleum
Intercoast
May
61
540
13%
23'/a
Y)—_
(N
Co
Aircraft
—v
11
Corporation
Hupp
May
47
33
23%
Edison
.1-
^
Goodrich
92
Car
19
Feb
941
137a
Corp
Apr
.
5% Mar
Inc common—6
127a
•'
55%
13%
a387a
400
Motor
Foods
Mar
//
*
Inc.—
•
—*
620
Development
Holly
Hunt
52%
55
1
Vultee
New
Hudson
10
377a
230
•
Solvents
Curtis
Apr
Corp...
Hotels
Jan
547a Apr
117a Apr
53 Va Mar
5,000
a647a a657a
I
/
System
Crown
Jan
'-127«
Feb
295
Hancock Oil Co class A common..
'Hilton
19
47
*
6Va
12%
'
56%
;
*
Goodyear Tire St Rubber Co common:..*
874
Corp—
to
Gas
Continental Oil Co
Jan
41
Jan
Feb
47
315
Apr
"
47
General Public Utilities Corp
Feb r if
50%
-
C.■ *19
10
Gladding McBean & Co
15
47
18%
———•
Company./——10
Jan
16-.
9% May
14%
7 175
7
Fen
397a Mar
75
a58
a55
10%> 10%
-17%
Feb
•
29%
9%
»14r
2
35 %
t
••
Electric
8%
__.__.___1
a40 a4174
a58
40
Jan
:
1,600
16% May
43% May
Feb
18% May
::..,;'-;5% -Apt
'297
Corp
A
'200
Feb
13,515
31%
16
1,992'
65c
*
8%
Motors Corp common
General
14
65c
'
14
Feb
27%
265
V
3%
Electric
12% Mar ••
V296
i
V13V4- 13%
297
(The).
Corporation
■Garrett
_._t
27%-
27%.
27 Va
13%
100
Bk
Merchants Nat'l
&
Farmers
Ltd
..4
.5
26
•
—
Greyhound Corporation
Dresser
10%
33
1,200
a29
13% Feb
54
.
34%'
26
5
——:
Continental Motors Corp.-
Jan
Jan
May
14%
-
a62% a63%
Douglas Aircraft Co
Apr
157a
3
3
Feb
54%
1,430
111
Jan
—___13
152
a277»
29
600
,
....
91
Apr
14%
—.—5
Consolidated Edison
113% Jan
-
30% May
42%
347
3%
31% May
-
440
38%
Feb
11% Mar
-
a29
Feb
2,383
'Vf'
Feb
277a
119
_•
Feb
■VV-V 150
27
-
32
578
1
13 7a
a
154% May
743
■
—25
20% Mar
790
74
57 V4 May
44% May
6% Apr
RR
changed
Class
i*A*
.30%
12
111
4474
'
770
,
38
30%
Company.
26
70
v
3674
a
4y8 May
148 % Mar
1,449
Commonwealth & Southern Corp.
'<
Apr
Mar
48
25
23
100
1
38
30%
4474
Co
Commonwealth
Jan
Jan
1.80
15% May
124
25
Apr
IS;-,
17c
12% Mar
25
Mar
./
10% Mar:
■
a587a a61Va
7%
•
15
7%
7a
107%
—
Commercial
4
>
720
25
Co
Steel
(J I)
Cons
6y* Fen /
Feb"
157a
Fe Ry__100
Santa
'
/ 20
May.
750
154% 1547a
—50
——10
r
Ohio
BUdd Co
Jan
•-7%
4,750
a35% a38%
23* 24%
16 Va
18 Va
Chrysler Corp
i—2.50 •
* 61
60 % • .'•. 61
Colorado f uel & Iron commoiuu—J
: -15% 15%
■\4-Preferred
^—i...
—20
al8
al8
Consolidated Engineering £—^i...._l •'..
•
• 6
6V4
Consolidated Steel Corp
C u*
*
• 35
< 35
77 %c
10% Feb i
.
255
ft 60
5
Borg-Warner Corp
25% May
Feb
39
9%
15%
15%
Co.————-100
&
-
39
87a
& Refining Co.;—*
Corp
Bethlehem
High.
Feb
52 Vac
V:
39
1
Boeing Airplane Company
—
5
Borden Company (The)———15
Range Since Jannary 1
2,600
■
4'/a
1
♦
Co.——
Mfg
Aviation
Name
6%
Apr
7% Mar
'
Columbia
v-j1
67
8c
(111)
Cities Service
1,300
'
Jan
1.40
Caterpillar Tractor Co
.
.
Mng Co———.—1
Locomotives Works
Columbia
%
May
Co —-——_.10c
& S
Topeka
&
2% Jan
:
common.a38%'
Central Investment Corp
J.—,,
—20
' 23 Vb
Certain-teed Products Corp.
1
18'/a
Inc
•
Industries Inc __1—,——50c
32 % May
80
May
39
Oil
May
2% May
A-Low
-
17 -17 %
31%
1...1
Feb
67% Mar
111
Co
Barnsdall
18
Apr
Packing
31
21 Va
2,111
,376
Corp
Baltimore
Jan
..
Feb
31%
Creameries of America
5,967
77a
Airlines
&
Baldwin
Jan
14
/
1%
Shares
High '
i
' 75c
■
Byron
California
13%
Stocks—
Mfg
Avco
Sales
13 %
'13%
.
Oil
Feb
Stocks—
Atchison
for Week
70c
Home
Chica
Bolsa
10%
63%
Atlantic Refining Co
Jan
1%
Range
24
<—1
—
18
12,337
63
Copper Mining Co
Corp
1_
Armour
22% May
7% Apr
May
13
100
10%
Sale Priceof Prices
Appliances .—__33%c 5
Diamond Corp.:
—_2 ?■?>. 6%A
Bendix
Blue
—...10
Consolidated
Barnhart-Morrow
Feb
,77a
63
Inc
Steel
Armco
3% Apr
300
'
Week's
'
Company-
v
Jan
May
70% May
14'/a May
13% Mar
95
80
Anaconda
Jan
550
6,180
v 2%
tore
Bandini
9%
9,156
b
.
32%
Tel & Tel
Angeles Stock Exchange
STOCKS—
13%
77
American
Jan
,
Feb
11
150
%•'••. *1%
10%
10%
Last
V
56
Jan
3074
American Smelting
May
8%
Feb
%17% Mar
100
&.%■
\J;<-
Feb
55
80
American Radiator & Stand San
Jan
16V4
—
-Feb
3
540
7 v8
20
'
2% Feb
200
6%
••»
Feb
■>
Jan
Case
:a'
34%
44%
al7Va al774
.
•
10
Canadian Pacific Railway Co
&tS;
32% Feb
898
31Vs
Steel
Allis-Chalmers
5
May
33% Jan
Feb
6% Mar
12
1,000
22%
./
--2
135
2,246
13 Va
Gold Mines
American
2% Apr
•
Feb
14%
575
3%
:
•
18.
~~4
Jan
25% Feb
7074
14%
6974
11%
Lines
Air
Alleghany
Jan
17
Mar
4%
1,075
22%
___1
Warner Aircraft
Wayne Screw Products.,
7%
16
7 Va
10:,
4%
28
900
v
3 Va
'■>
common
;
California common—*.25
of
Unlisted
27% May
Feb
>
1,525
3 >«>,
1
Tlmken-Detroit. Axle. common ...—..5
Tlvoli Brewing
.—1
^
—1
Udylite Corporation
Dist-
20
15%
Superior Tool & Die
Shirt
5 %
7%
r^
2%
150
30
5"^'
? 17'
*.7%
5
...
28%
56
54% "
13 Va
Chollar C
Cons
Jan,
May
3
;
Feb
2,870
5
30
•••••
Feb
'
976
2%
3%
r
Jan
13%
'
5
;*
—
—
—_
14% Mar
29% May
42% May
27% Apr
26
May
24% May
22% Jan
2
Corporation
States
Calumet
Apr
.
7% May
1%
em
15%
2
6
21%
150-
14%
2% May
6% Feb
2,320
A/-', w,r'
2%-
2
24% May
Feb
8%
,
988
C 614
Tl,219
33
33
.
14%
Western
1% Mar
33%
100
1%
27%: 27 Va
Peninsular Metal Products«U..*--'-i*^-l
Pfeiffer
7%
1%
-
Stamping common
,6
7%
~i%
27%
National
•
6
10
_
■
i%
;'i'y
'i——..a
common
Corporal ion
Murray
:'*■
'.J—i/——*
Oil
Products
26 %
227# '23%
50o
Jan
4 Va Mar
i% ■'
convertible preferred—/:
5%
McClanahan
Motor
26%
257a
23%
,
Feb
Jan
Feb
Co common..:—w—1
Mfg
26
26%
—1
Jan
2% Mar
3%
—/
produces,-—_z^__.___l
Screw
ivutocu
Mar
70%
Calif
1%
4%
750
2
——,
Mar
36
of
37%
265
1%
37%
4 Ve
1%
Stamping
Lansing
25
65
—•
common
Transamerica
Mining
T-aSalle
2,534
42
—*
Corp
Universal Consolidated Oil Co„_
3% Mar
4 V*
1%
37%
4%
1
Kresge Co (S Si
350
297a
Company
Co
Inc
Textron
18 % May
Feb
10
Kinsel Drug
-13%
42
15%
6,255
Apr
20%
—
Hudson Motor Car
Kaiser-Frazer
22%
17
_io
Bearing
13%
26%
pfd class A_—.25
6%
Pacific
Southern
Bunray Oil Corp
Hoover
Houdaille-Hershey
High
29%
—
So Calif Gas Co
Jan
5% May
3% Mar
610
Low
247,
May
8%
;
Mar
Range Slnee Jannary 1
High
23%
..25
..25
cumulative
convertible preferred-,—>. —25
cumulative preferred—— .,25
4.32%
Shares
24%
I'll
preferred
4.48%
5%
7,170.
Low
*
Cnrp
Southern Calif Edison Co Ltd com. ..25
4%
Feb
Oil
Solar Aircraft Company
10% May
Feb
3
700
>
Sinclair
galea
for Week
ef Prices
Par
High
100
-97a
9%'
Week'*
Range
-
gale Price
STOCKS-
3% May
Feb
9 Va
300
'
21%
8%
2Va
1,736 '
4%
.1 Va
21%
'
Industries
Oar' Wood
14
Last
7.400
«
10%
4
1
MAY
Friday
Low
3%
.j
EXCHANGES
ENDED
Range Since January 1
Shares
v
High
2%
10%
Brewing
.;
i
Ale
Fruehauf
3%
Truck
Motor
Prankenmuth
Friars
—1
common
RANGE FOR WEEK
for Week
Range
..
Sale Price
35
.
Sales
Week's
Friday
STOCKS— V.
(2163)
,
•'
44% Mar
307a May
10% May
.47
.APSVx
36
THE
(2164)
COMMERCIAL
FINANCIAL
&
CHRONICLE
Monday, May 17, 1948
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDED
MAY
14
Friday
Philadelphia Slock Exchange
Friday
stocks—
Par
American Stores
American
Tel
Baldwin
Tel
—
26%
100
—
-13
„———.
Works
26 Va
•
155 Ve
Co
14 %
115
461
22% Mar
57%
61%
16
116
Mar
Feb
11%
Feb
63%
Jan
2%
Jan
52%
2'A
2%
9%
10%
1,280
17%
18%
1,591
1
Jan
7
Mar
49%
56%
Delaware Power & Light-—;
—13%
Electric Storage Battery.—~®
54%
52%
54%
444
General
10
5
59 Va
56%
59%
3,005
22%
23%
330
17%
Feb
10
—50
—*
U%
11%
12
579
9%
Feb
12%
4
%
Feb
%
Apr
Gimbel
Corp....
Brothers
■—
,
Lehigh Coal & Navigation.—
Lehigh Valley RR
National Power & Light—
-
6%
6%
Corp
—1
Pennsylvania Power & Light
Pennsylvania RR
50
Pennsylvania Salt Mfg common—0
3 %
preferred series A
—.100
$1
6%
3,055
5%
1,259
18
4,962
16%
Feb
23%
7.7
22%
55
407s
Feb
l.:7;
45%
114%
13
104%
Feb
23%
51% May
Feb
38% Mav
28%
Apr
1278
1378
335
11% Mar
11474 11474
Oil
345
89 %
Feb
230
20
Feb
Home
••
Apr
Jan
Hill
1,160
678
300
5
"Jan
280
175
230
Mar
a44
a44
a44
65
40Vb
Apr
40 Va
34%
35%,
550
26%
Feb
55 % May
al7
al7
75
16V2 May
19% Mar
35y8
35'/8
857
30% Mar
36
774
8%
4.870
3%
4
4.920
26'%
267k
(Un)„_.—
..
®
2
*Un%
8%
1
.4
■
(Un)4.—..5
Sullivan
260
<
'26%*
•
12'%
12%
(Un)—-__2% -2
25
35% May
Byron Jackson Co«L'--.^—4---®
31 %•
16%
Feb
22% May
Calflmbai-Sugaf&4^4-^2224—t'"iVn" 7%-
465
21%
22%
10%
10%
200
874 Mar
49%
222
.39% Mar
Tonopah Mining
—.1
United Corp
common————— 1
1%
1
240
■;
1%
1
155
3%
3%
3%
21%
22%
1,505
Westmoreland
Inc
—»——10
21%
22%
Westmoreland
Coal—i—20
37%
37%
V'!
Cotton
1%
Feb
4%
...5
1
.
.
Apr
California
Canada
Case
*
com—
Week's
Dry
Ginger Ale (Un).
Pacific Railway (Un)
(J I)
& Co common
Tractor
^1%
;
25
<Unt
Shares
:7;'S[:'-S
"
'
.
.•%:—77.''/7 Par
Low;
U—*
L—vTL——_*
Alleghany Ludlum Steel——
Blaw-Knox
Co
VD Li
Clark
Columbia
Continental
Fort
Pitt
&
Commercial
Corp
Walker
Star
25
145
13%
Z
300
12
'
"
13
^
2 Vb
2%
■
■
31 Va
Mar
550
11%
Commercial
10V4
-
Feb
Jan
(Un).—'
406
2
9%
9%
430
___®
24%
23%
24%
7 150
River
Mountain
10
21%
20%
5
;
Fuel
Supply
National Fireprooflng Corp——
Pittsburgh Brewing common
Pittsburgh Oil & Gas
10
Plate
Screw
Glass
Bolt Corp.—
&
296 ;
2
10
36 3 i
*
9'/4
7%
17
Packers
vu
35%
9
-
2,744
'
7
,
Feb
;
6%
Feb
Consolidated
Chemical
21% May
V
Consolidated
115
34'/#
7%
Mining
Standard Steel
Spring
States Glass
lie
—I
common..—.
13% j
—_1
Westinghouse Air Brake..———
Westinghouse Electric Corp
®
f7
lie
13%
8%
,
38
12.50
Natural
31
145
Apr
Feb
39%
10
Continental
197k
45V4
63
Creameries
Jan
Mar
32%
Crown
725%
Feb
't
15
$4
Jan
Apr
2nd
'■
Friday
"
38% May
31
May
'.M
.
American
Brown
Inv
Shoe
common
Giorgio
Mfg
Clinton
Industries
Columbia
Emerson
Brew
Elec
common
preferred
General Eleclric
Genera! Motors
General Shoe
(Un)
common
Johnson-S &
Key
common
'•
i
Laclede-Christy
Laclede
Gas
•
Securities
Stix-Baer
Wagner
Electric
52
50
:
560
36
20%
2%
370
41%
10%
20
-v
'
•'*?*"
7%
*
'
777
__
9%
151%
15%
6%
5%
32
31%
■'<'
22
7%
150
50
6%
14
2,505
32
28
215
22
—
.•'•••
Food
Motors
General
Paint
31%
Jan
Cum
May
Gladding
May
Jan
.
22
133
"5%'
5%
,7®
.
,
23
May
Mar
137%
Jan
Mar
5
Apr
16%
1,114
195
16%
'
32 V»
23%
'>
52
15
17
Hale
"
11.
540
16 Va May
,
r' v
Feb
t
]
*
N
J
30%'
125
29% Mar
Jan
110
15% Mar
19
Jan
Bros
730
13
Feb
17
51%
52
540
48
Feb
22
55%
STOCKS—
Reduction
Co
of Prices
Shares
Alaska Juneau Gold
Mining
26%
Co— .TO
Alleghany Corp (Un)_——;
„
Low
(UnV——l—_.
B
American Airlines Inc (Un)
...I.
,
American
_1
9%
Foreign Power (Un)___
Factors, Ltd (Un)__
..20
^American Power &:
Light
<Un)
American Rad & Stand
Sanit'y
Co
&
For footnotes see page 42.
25
26%
540
:
High
23% Mar
26 % May
3%
37s
4%
395
3% May ;
2% Feb
9%
9%
820
7%
3
800
500
\.
10%
16
65
a9 % alO%
100
15 ya
16
710
Feb
2%
Jan
,
Jan
Feb
12% Mar
27
,
Jan
4'% May
10
3
24% May
7
4 ye
'■
.7
J
-
•
560
Vc
4%
16
L:
180
;7 12
58 %
18
L
7V4
1,909
7
39 V2
38 %
39 Vk
1.75
1.65
1,75
83k
J
9%
16
26 Va Mar
Apr
.
16%
%
Apr
7
60
Jan
Apr
7
;
'
,
1,945
41% May
;
43 Vs May
7
25
1.05
2,300
Apr
13% May
Mar
30
Mar
8%
31V2
^
Feb
;
Mav
8%
Feb
9:,e
:
40
Apr
Jan
-
3is
Jan
87k
5V8 Mar
3,870
44
...
11
125
574
57k
574
____®
39V*
3574
39%
C7/8 May
Feb
114%
34% Mar
500
2,513
a38 a387k
5
Jan
39 % Mar
Feb
6
59y4
57
59y»
19
197k
..1,616
19 Vk
19 Vb
160
31
31
100
®
-i.
v
(Gn>.__
19
LI
7.
Jan
-
5
-
—.1
<Un)__!
•
Land
!.__:
Co
Langendorf
Mar
May
Leslie
Bk
"A"
4,300
1.60
iR
Gi
Inc
87k
7 "
700
71
3'/8
24
55
L;.
9
69
7 V#
*
350
McNeill & Libby____—
Lockheed Aircraft Corp....::
Macy
Inc
(R
Magnavox
Apr
Marchant
(Un)__
H)
& Co
;
com
Co._i.__———
Calculating Machine
Marine Bancorporauon
1
(Uni
.——7
1
...
®
—'•
21
915
16%
689
1534
350
3%
10
2.05
.
10
30
32
32
1,078
.14
1474*
65c
39%
10
.! 1,520-
68c
39%
11 y8
230
."•*
21
47%
May
19
Mar
4%
13
Jan
Feb
34%
Jan
30% May
14% May;,
Mar
Feb
Jan
70c
34 %
Feb
39% May
8 %
Feb
15
455
Feb
43
47
Feb
Jan
55
Apr
51
May
Apr;
.
26
26
335
26
Apr
28
Jan
21%
2iy»
245
21
Apr
25
Jan
33
33
100
32
Feb
35%
20
20
100
16
Mar
97k
9%
97k
;530
22y8
21%
22y2
748
18
18%
547
a36% a36%
90
.
..
—t
2
7
-
..
__
29.
367'2
;
*•
14
23
29
36%
367k
L..
269
,
.
*
Apr
2.50
2,870
49 74
)
Apr
11%
r,
4,455'
a533/k a57%
49 74
May
V2 Jan
60c
2,200
.*
3
25
488
30y2
Jan
,71
:
31% May
1,700
28%
Jan
10
.
May
,1.90
Jan
2.80 May
Apr
10
•
7 V2
Feb
4
2.00
_!4!
36
Feb
18 72
14
5
Apr
,
Feb
4
7
May
22
3 (k Mar
18
Jan
-
118
Jan
52 'a
2,338
.
;
19%
ny8
®
:_.
19
v
Jan
1474
10
Libby
Loew's
__®
•
—...
Co
LeTcurneau
Jan
May
Utd
"B"'
Salt
Jan
Apr
12% May
Feb
2.80
V
a57y8
5%
45 V#
,
Feb
j 39%;>'.
5
;
7
Mar
Mar
__
,
92
7 .16%
v.
30%
.y
Apr
Mar
150
833
3y8
21
Apr
43%
:
•'
Jan-
55
Feb
4 V#
__
Tel (Un)—.®
Mining Co
——'
——
_2
Johns-Manville Corp 2(Un)—:
_._®
Kaiser-Frazer
Corp.——_.l
Kennecott Copper Corp (Un)2_—__®
16,
7 460
118
20%
Apr
1. 72%
•
Feb
%7- 400
!:._
(Un»—__®
;
Feb
7.
Jan
Apr
,19%
Feb
5
18 >"
20
Canada
17%
'
Mar-
lO1,3
Jan
20
32
<
Apr
29%
__
!__1
3%
40
35
11,870
Jan
May
23
39% Mar
L..1! 550
;;
•
2.70
697k
%
15 V#
66 .I;
L
7. 53
2'-4%
9
-
___l
5
127k
39
59 %
Feb
118
-
Sugar Plantation ———_15
Co
167«
2.75
______1
18 % Mar
24
29y2
Co_.___._.__:— 1 •'?
Co.—r M '
Corp
585
Feb
Mar
20'%
L-
4%:
Inc.—.6.66%'
Nickel
117k
,
___®
—
Car
4V4
a473/a a4834
118
:
7
.7-
?9% May
18 V# Mar
II,299
7:
.?•
51
y
547
17y2
(Un)
19
68%
a44'/4 a4574
12%
A..2_—®
,
,
50
:__®a4874
:
18
68
a45%
3
—2.
^
68
a58l/2 a58y2
®-
(Un):
Calif cl
of
>
__
2—®
Rubber
35
791
1978
—_®
<Un)
31% Mar
210
..
.
10
—®
Co
:
,.
'
_.2y2
—*
:-t
Jan
11
Mar
15V2
Jan
126 %
Feb
200
r
:
101% May
...
.
25V# Mar
2,420
;■
112
112 y
a437k a447k
:
Jan
34
53'2 Jan
6V2 Mar
39
137k
„
13
—
Mar
311
22
12%
87k
Apr j
Feb
19V2
.
59%
Feb
3,353
a437k a44%
—.1
8% May
;
22% Feb
11
34%
10
Corp
Motor
Foods
Class
Low
24% .24%
a
(Un)
24%
Range Since January I
2%
4%
American &
103%
1;
3%
...1
,77 88
29%
22
(Un)_—100
(Un)
Kern County
High
%
Apr
7
Feb ,7
77k
:'•*"!. 7-•
Plantation
Inter'l
1
Sales
Par
Air
91%
for Week
Sale Price
May
;,
7, 9% May
.7 26% Mar
■
130
com.—.:!
!_.__®;4
2-———
100 44
Idaho Mary Mines
Idaho Power Co
Feb
Exchange
Range
,
,
6%
>
IXL
Week's
.
2,390
—u—.4*
&
Oil
Hudson
v.
Last
127
30
International Tel &
Friday
3,032
a44'/2
.—5
Corp.^.—.^—.^
Corp ' com...
Co
Hupp Corp
May
San Francisco Stock
*
24
Feb
,
a41V2 a42%
Stores Inc.—
Oil
Class
-Hunt
.
•.'(
17
,
Mar
49%
Jan
49
58%
30
-
!-.|
18
15%
,
6
;
7
Feb
7%
•••.•.
a4278
(Un)—10
(Un»_
12 %
-
7V4
—'
....®
Co
(Uni.—^
Corp
Tire
Hutchinson
30
7
'
Jan
Jan
16% Mar
,v >
.
Apr
97k
774
__®
(Un).!
Honolulu
16% May
'
;'i
28 Va
43
Mar
49 %
2,260
,,—
119
16 7
;
250
a25y2 a2572
__
7'%
Pineapple Co Ltd—.
,*■
Hobbs Battery Co class A (Un)._..._®
•2 2,
1
Feb
7
Feb
Feb
;<
Jan
3% May
Feb
n
25
.
997k 1017k 4
5
com
Radio..
Holly Development
Holly Oil Co (Un)
40'/2 May
■
'
—
—»
:____1
Hawaiian
19
May
"•
16
25% May
Mar 7
4%
Apr 7;
25% Mar
38 V» Mar
950
10%
1
&
McBean
Hancock
Apr
17%
___
I" 1
5
32
'77
,19
20
-.
J
33'/2
Graham-Paige Moturs (Un).
l63/4 Mar
133
40%
974
(Un):
Gt Nor Ry no*-cum pfd
Greyhound Corji .....
•;
13 V4 Mar
100
-
5%
39 Va
16%.
Apr
6% May
7
299
y7 100
137k
317k
preferred.——.:
Goodyear
'
-25
: •
22
40%
,
;®
Jan
16
Mar,
13%
10
—
Honolulu
133
'
10
yj
7
60
18%
15%
Feb
2%
'920
„;,33y2
15
of
Co
4% preferred
Goodrich (B F)
•
Jan
20
18%
"
•-•
.7 Jan 7
:; 13 % May
Feb
26
-
77 49
U
a603k a607k
Golden State Co Ltd
Feb
Jan
17
:
?4
13V2
Jan
90
19
*
.
75
23%
2.1
Corp
Electric
General
19
20
18%
„
10V2
.
4.955
574
——5
Kleistr common..—..
General
23%
21%
18
19
V
•' ' ■..•'■V
May
Feb
Mar
3%'
a48Va a497k
_.—„..5
——_®
Co
Share
Machinery
Foster &
Jan
7,
Co
•'
May
Jan
Apr
May
19 V4 Feb
% 25% Mar
850
4274
24
com
Ltd
"•
May
-
78V»
22
5'
21%
A...2.50
common
Va
May
23
13% Mar
75
';,:■••
<.*
574
a481/8
—_._®
Prod prior, pfd
45 V#
4% Mar
18%
_10
—
■
1
B
cl
Food
42
Mar
55
.7
,
Apr
2%
.
3
5747
iUn)„_®
(Un).
Fibre Board
24
7% May
8
200
t
:
42
._
(Un)__—.__2—®
Tele
36
Apr:.'
7
10 va May
21%*
.100
common
Mar
100
9% 7
15%-
13%
a273,4 a2C'% i
__
.H
®
(Un)__15
(Un).._
Capwell Co
Eureka Corp
May
52
39% Mar'.;.
25
Amer
Farnsworth
'
25
common—
7
3'%
7'
...25
A
Works..
&
59
2% Mar
350
7"
Oil
Bond
39
Jan
33
25
400
: -
43
10%
-
__
0
common
114
Mar
40
15%
12'/4
——v
Jan
15
25% Mar
®.
common
Fuller
26%
lo*
—
preferred
Investment
&
26%
2%
*
25
common
common
Sterling Aluminum
7 ;
51
(Uni...2.®
Co
Apr
%
33
31
May
31V4 Mar
1
404
20%
Sears Roebuck & Co
Steel
—
43
5
—
19
-7.
114
"248
15%
a28% a307k
—
13V2
.'
5
Jan
'
35
20
78t Louis Car common...—J
St Louis Public Service class
Scullin
39%
59
I"
'
____._4
common
200
40
35%
-
'!
common
13%
56%
__
:
Midwest Piping <fe Sup common...
Missouri Portland Cement..
1st
2034 Mar
6V2 Mar
'/>•—
—_1
common.
McQuay-Norrls
Meyer Blanke
Apr
23% May
35
50
*
.
common
Landis Machine
Rice-Stix
1
0
common....
Laclede Steel
16
325
39%
.4
——1
....
135
23%
31
59
Li-
Shinkle common...—:
•
17
31
$
common..
'
17
114
,20Va Mar
;
i' 32%' Feb
15
Mfg Co—2.,
Kodak
Dorado
General
common.5
Knapp-Monarch
32
13%
469
•
22% Mar
common
Fruit
Emporium
15% May
Feb
114
1
Brew
Shoe
Jan
27
13%
10
Hyde Park Brewing common...
Hydraulic Pressed Brick common.:
International
13Va
314
23%
®
(Un)
common.——
Huttig S & D
255
30%
—.100
common
Griesedieck-Western
15%
"
5
—
Jan
21%
117
of
Co
Chemical Co
Electric
High
17
1
....
v:
30%
1
common....
Low
15%
.1
common
El
Range Since January 1
High
Jan
Jan
62
Mar
475
:
55
21
1.30
44%
54
>
150
(Un
Corp
preferred
cum
Eastman
Shares
30%
—15
Bottling
Dow
for Week
of Prices
Low
1
.....
common.:
Etirkart
Coca-Cola
Par
527k
65% May
Apr
I,577
61%
21%
68c
1
19 V# May
'-45% May
,
38% May
100
Incx....
Corp
Dominguez Oil Fields
Sales
Range
Sale Price
600
Feb
Jan
1,485
•
(Un)_2-_—22_*L4wl74!-2^;87k2;77: 7%y:'87k-7
(Del)
Publishing Co
Curtiss-Wright Corp
Exchange
Week's
Last
STOCKS—
58
preferred.
Doernbecher
SI. Louis Stock
61%
Jan
15
class
Gas
Curtis
$3
'
40
Jan
14%
7 53% Mar
1,040
96c
;
397k
51
Mar
7 43%
100
25%
preferred2_T^^.2—
Crucible Steel
<•:.*
Di
'7
Jan
53%
:
Apr
15
Ind
America
of
Zellerbach
$4.20
Jan
10
Lit
Feb
482
..!!
15c
5%* Mar
317
Jan
Jan
:
38% May
Feb
7 10
3.954
-
6578
92c
40
r
Aircraft---^2——_1
Motors-
Continental Oil Co
:
Jan
Feb i,:
11% Mar
,
100
38%
28%
31
10c
2,100
13% L
8%
37%
r
,
13%
10
''
Apr
Feb
'
!
25y2
Co of N Y
Consolidated Vultee
Apr
Jan
2
-tr
1
_
8%
4%
9
May
6
3%
l
Edison
Consolidated
Aor
17
1% Mar
125
9%
'■■•r.'i
'
J5
Coppcrmines
7%
Feb
4
.2% Mar
125
n&
52
25'%
Edison.....—
:
200
2
7' 23
v,r 54
...
*
& Southern
Jan
26%
11% Mar
500
.
•;■'••';!
47
3,109
53
(Un).—."
(Un)
Commonwealth
Feb
18%
175
4%
3
210
38y2
45y»
—*
common
Commonwealth
■
Y-1
San Toy
United
16%
7 L 2%
2
:
4
—.5
-
Pitts
17
5
—°
_
Pittsburgh
6%
1
Apr
'
Solvents
Consolidated
Mackintosh-Hemphill
50y8
■
15%
10
2% May
Jan
21%
7K
7% Mar
13% May
7
7% Mar
21%
3%
al3% al3%
657a
-
__3%
,v;:. 9% May
'
2%
9%
:
Columbia-
12
■
Feb
.
650
—
Columbia Broadcast System class A_272
Columbia Gas System inc <Un)—_J®
Apr
17% May
Jan
1
__
Co
Colorado Fuel & Iron
High
Feb
>."7
May
31% May
Jan
250
Range Since January 1
154
17%
12
Service
Clorox Chemical Co
,
Low
*V>
31
12%
13%
......1
Refractories
*
V
High
Jan
23
25%
4V*
1874
Co——————®
■
;
•
——
Gas„
30%
16 Va
——-*
Electric.———
Brewing...
Harbison
Lone
Co—
Gas
.;'7„
31
Cities
for Week
Last
14
16y8 Mar
~
36
...
25
Eureka Mining Co.——2—_1
Chesapeake & Ohio Ry (Un)..^.
.25
Chrysler Corp
--j22—2.50
Sales
Range
of Prices
Friday
Jan
87a
50
:
..
_
Central
,
Apr
41 %
53
38V2
.50
—v..........—
Caterpillar
Pittsburgh Slock Exchange
Sale Price
29 Va
Jan
4
",r' JL
Packing Coip
Preferred
Canadian
STOCKS—
Jan
Feb
83«
__
.
4%
Feb
28%
.
Apr
24
Mar
Co.—
Mills
California. Ink Co
Feb
3%
.
21% May
32
Cement
22%
7'
Feb
50
Calaveras
California
117s
Feb
61
Jan
49 % May
Jan
2
20%
597
22%
Improvement—_13%
'
31V4
;
8% May
Feb
12% May
100
22
,
31V4
Apr
Feb
41 %
250
Feb
Jan
Apr
23
100
23
21%
28
45%
7'- M'.'!'''
12y2
1,037
May
3
68
1,294
280
6%
•!
389
v:
a3978 a4078
,
24%
21%
—*
Feb
34:%
277 %
35%
49%
—
common—-.
16% May
6% Jan
16l/8
57s
Appliances———33%c
&
Apr
10%
14%
6'/8
185
.5
<Un)
Co
Bunker
15%
15%
16y8
(U11);—r-15
Broadway Dept Store i—i—i:-—-2.-10
Mar
Apr
12% Mar
15%
631
—5
Airplane Co
Borden
6%
3.626
.100
Holdings Corp
Boeing
7% Mar
Feb
6%
1
May
4%
7%;i":
6%
!
Jan
24
6% Mar
678
15'%
100
Bishop Oil Co..!—
Blair
24
Jan
14 Vk
N A—
Corp
Bethlehem Steel
'.-24'
.
32 %
114% May
(Un)..
Co
Aviation
4
23%
Reading Co common.—
50
Dome Oil Corp .L—————_1
—
Mar
31
33%
Salt
Gas
37
3,788
24%
Scott
United
697
684
31
35%
3
common-——,—
Paper
5174
38%
—
.L—1.
California
of
Bendix
Jan
237«
(Un).
Apr
May
66% May
Feb
51%
j1 IVz
'
13
(Un)
Ohio RR
&
Barnsdall
Apr
48%
50'%
58%
155
29
24
3
Pefroleum
Bendix
Apr
'117%
-r
Feb ■:.&
21%
5.464
Bank
Jan
19%
195
r_
114 3
Diesel.Engine.L.LL2-50
Loconjotive
Bandini
Apr
20%
<
a66% a68y8
High
/
Jan
148 y4 Mar
337$
(Un).lOO
(Un)
51%
1,904
31
5
Corp
Baltimore
6% May
Jan
20%
Mfg
Baldwin
May
78
Imnerittl
Fe
Low
195
155
L-,/
(Un)———— -5
Corp. (Un)
Avco
Jan
7
5% Mar
19%
18%
45%
preference common——
Corp
400
114
Philadelphia Electric Co common——®
Philco
lii
18%
20%
——
.
56
12
Pennroad
6%
Feb
50% Mar
.
(111.)
Co
Atlas
59% May
23% May
Motors
*
(Un)
Topeka & Santa
Atlas
18% May
'•
&
Atchison
10% May
15% Mar
75
Co
Copper Mining lUtl)
50
California National Bank——20
Armour
Apr
992
Woolen
Range 8ince January 1
High
153%
__
(Un)——...14
Shares
a583i a60^4
Anaconda
May
110
a66%
Anglo
May
V 8
r
,
Low
a60%
American
Apr
155% May
10
11%
10%
%
Feb
12*2
1,725
115
10%
7- —1
27 Va
1477a Mar
213
of Prices
Par
Viscose Corp
Sales
for Week
Range
Sale Price
Ameiican
High
1,392
16
60%
~2V2
Chrysler Corp __—
Cooper Brewing Co
Curtis Publishing Co,
>
27
11%
—————.
Low
v
,
American Smelting & Refining (Un)..®
American Tel & Tel Co (Un)—..100
Range Since January 1
High
153% 155 >/4
16
Bankers Securities Corp common— -50
Budd
Shares
Low
*—
&
Locomotive
for Week
of Prices
'
■'
■
Range
Sale Price
®
Sales
Week's
Last
Week's
Last
,•
STOCKS—
•
8%
20
Jan
May
10%
14
Feb
23
Apr
16
Jan
19%
Apr
32% Mar
...
Feb
35%
9%
Apr
Jan
Feb
14
May
435
„;;24
Mar
30
Jan
20
35
Feb
36% May
Volume
Number 4699
167
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
*
Week's
Last
'
,
Low
Par
.
Matson
Navigation Co <Un)_:,
McBryde Sugar Co (Un) —
Menasco
J
&
& M Cons
M
Mother
Low
17%
1,335
6
10
25%
110
2.46
2.80
(Un)
_1
_
Lode__
25c
30c
4,700
18c
51c
114,525
•12c
&
Co
(Un)__
Morrison-Knudsen
Co_^%
JL_a
a63%
10
__5
aGO'/a a63%
16%
1,740
18
16%
18
747
9%
10 V4
595
a8
a8%
Reynolds Tobacco
Jan
Rheem Manufacturing
Jan
14%
Republic Steel Corp
Richfield
31c
May
51c
May
58%
Feb
Oil
Riverside
3 % Mar
48 % Mar
385
16%
May
1.15
>a
16'/,
Feb
26%
May
25c
48c
*10c
__
Montgomery Ward
1,9
Jan
7%
Mar
42c
2.45
Cement
R'oos
National
Auto
National
City Lines
Fibres.
National Distillers
Nat'l
Linen
Natomas
(Un)
—
Prod
Service
._1
;
—_1
aL
____—*
20'8
__
(Uni
Corp—
40
Company
Feb
May
10%
>'
and
San
W
Y
Central
North
RR
(Un)
American
North
*
Jan
%
10%
1,075
17%
Aviation
(Un)
American
Co
2,016
American
Investment
North
67c
preferred
5 Ma %
—.1
15
13
Apr
11%
Jan
78
16%
Soundview
Apr
100
76
10
..
50
75
15
650
Shell
Union
Signal
9%
15
American
Northern
Oahu
Pacific
Sugar
Occidental
Ohio
Oil
Oliver
Railway
Co
(Un)__
100
24%
81
May
67
Mar
76
May
13%
13%
-*—■__ol—'
t
United
Filters
class
A—____*
1,400
770
28%
28%
12%
.'7%
__20
Oil
Southern
Pacific
Can
Pacific
Pac
Aggregates—.
1st
pfd
1st pfd
5ya %
5%.
1st
pfd
ri—
50
May
&
-
25
17%
Jan
Apr
58c
Feb
3C% May
Sperry
Apr
29%
Feb
Apr
13
12%
15
Feb
9
6%
1,696
35
4,542
30% Mar
Port Cement com
14.
1,721
33
Mar
35%
30%
547
29 % Mar
31%
Apr
Apr
28%
28%
100
27 %
29%
7
Feb
,
4%
1
>
9%
Feb
Apr
Jan
-
Pacific
Public
Service
Tel
Tel
&
Pacific-Western
Packard
Oil
Motor
Corp__4—_10
Co
(Un)
Co
22% Mar *■>
;
:
•
4%
{
2%
(Un)„50
(Un)_
19%
20%
""17%
33Mb
Philippine
Phillips
(Un).
Corp
Dodge
Long
Dist
Petroleum
Tel
—___25
Co
a56%
Pure
Oil
v;i;V
26%
>
>
Co
(Un)
24
Feb
17
153/4 Mar
22
55
;
18
120
940
a49 a49%
.
Feb
Feb
Co
of
N
Inc
130
24%
23(4
24%
4,212
15
Feb
24% May
20
19%
20%
5,670
14%
Feb
20% May
32%
313/s
33%
1,490
28
Feb
34
*
a29
a26%
a29
733
23%
23%
23%
565
25
Jan
26%..
26
26%
1,314
24% May
28 Va
Jan
27
26'A
27
502
26% May
27%
Apr
32%
32%
32%
294
,32% Mar
34
Jan
58
^ 54%
58
1.026
58
May!
27%
283A
915
(Un)
39% May
30 Vb Mar
122
41
Feb
4%
May
18
,
•
■
13
*
1
12%
a26%
May
22%
"
13
>
29"%
Jan
44
\
Feb
22
|
Feb
9%
450
9%
36
36
41
198
36
31%
__1
25'a34%
31%
31%
232
22%
Feb
134'
'V
a26% a27(/B
Feb
13
May
Feb
24
26
Jan
70
70
70%
2,899
54%
Jan
80%
78%
80%
842
69%
Feb
27%
24%
27%
2,944
16%
Feb
27% May
a627/8
a62a63%
28%
29%
432
52%
Feb
2,141
19%
Feb
62% May
29% May
16,430
10%
Feb
13%
160
31%
Febf
34
"7Va
V:-555 '*j
Feb
54
Ail
;,r
29
11%
12%
S
Corp
Steel
I
•
(Un)__
3,826 *
21%
Feb
17
340
14%
Apr-,
20
28%
200
23 %
Feb
29 Va
17%'A
390
16 %
Jan
19
3Va
3%
'76%
77%
77%
;
-
*.
Western
68% Mar
78
67% May A
3 (A Jan
i
2.90
3.00
-8%
9%
29
29
29
12V8
12Vb
"270
280
50c
62c
7,810
6,732
4%
Feb
265
19%
Feb
203
7%
Apr
2.90
•
'
:
■*,'■
280
'
■
112
'
1
Feb
2.75 Mar
700
(Un)—____i
•
Woolworth
(F
"
698
7%
Feb
9 Ma
Apr
"118
27%
Feb
32%
Jan
13%
Apr
:;
204
10%
Feb
V
'
30
275
'
301,
Apr
7%
6%
7l/a
24
24 (A
31c
Mar
Jan
C2c
,
May
Ms Apr
7
24 V4
May
'
(Un)
Telegraph
W)
Yellow Cab Co
Vv
-
-24%
l
__l
8
A
50c
'
8
21%
22
.8
22 V*
1,258
a33 V8 a34 Vb
'72
a70%
a70% a70%
25
•
a27%
a23Va a27%
*
(Un)___
Westinghouse Elec Corp (Un)
*12%
Willys-Overland Motors (Un)___
1
sApr
?•
•
"
55c
v
—
_—_—
:
Jan
"
100
Union
;J
•
Apr ; (
Apr
|
38%
63
9%
'
L__—__-_29
Preferred
Jan
Jan
.
3% May ■'
2% Mar
750
1,207
•
63
■'
ri5
Western Dept Stores 1
Western Pacific RR common.
.
31% May < 3
16 %
3%
Pictures
(Un)
fi
'
-17 %
10
l
com
t
&„.
28%
■.
1
Equipment Co
Bros
a__
17
■"
"
Co
10
ii_
1
^10
Corp common
Agricultural
;
'
....
al20% al20Va al20%
31 (A
-30% 31%
i._5
Inc—
Del
of
i!
A
Jan
"*
(Un)_—
Corp
Lines
Preferred
v
12% May
9% May
May
—10
—_—____12%
Aircraft
<:
70% May
80 % May
__2
Western Air Lines Inc
.v
35% May
.
com__-2*
'
28% May
25
(Un)_
West Indies Sugar
31% May
a33 a34%
'Feb
8
Jan
•
(Un)_
5
Wells Fargo Bank & U T-_____„__100
%
Apr
9%
'•
'
;
Apr
25
(Un)„
(Un)__—
V; Westates Petroleum
May
49
-
26% Feb'
695
9,118
12%.
Apr
May
6%
25% Mar
■
50% May
48
■_.VV" 135 '
35%
%
166
Feb
___1
J
Sugar
Warner
•.
69% May
Feb
9
;
Oil
Walalua
-
Preferred
60
6'A
2
Calif—.:
Victor
!
,
:
10
55'A
36%
160
•
a71
50%
1
Rayonier Incorp com
160
6V4
25
Consolidated Oil——
Utah-Idaho Sugar Co (Un)^_ii,
A
Apr
35
—-——100
155
6%
-,-25
■4.A Universal
'.Jan
Feb
41
j^44285;>
11%
Preferred
345
—
of
United
Apr
20% Apr
12%
>
Feb
1,182
40
•
Co
U
3
35%
—
32%
3g7/a
40
_i
Oil
United
Apr
Feb
♦
—
Feb
39
pfd A„__25
Inc—
; ; United
Apr
Corp of America (Un)
Radio Keith Orpheum iUn)„_
—_1
Railway Equip & Realty Co Ltd—
Radio
Jan
13c
Jan
4Q
(Un)
;_L
Brands
Union
10% Mar
Jan
49%
■.v
Jan
20%
9c
39%
Carbide & Carbon
(Un).
Union Oil Co of Calif com^_____„_^25
May
May
5-
♦:
2 %
aG9*/4
a71
18%
1.7% Mar
.
Jan
18%
825
17%
14%
18
'
'
•
15% Mar
564
__25
com
preferred—-j-,
Corp
°
1.025
26,075
15
preferred
Company
.
;
"
Union
;
•
Apr
60
Feb
.V Feb
22
•
1,273
*
P 100
Co—
10c
•
15% May
25%
4oo
a53% a56%
Puget Sound Pulp &-Timber..
___*
50 M4
Pullman Inc (Un
__>al:,_*449%
1934
10c
.
Apr
5
Water Ass'd Oil
Transamerica Corp
-•
Phelps
18(4
19%
7%
_•
Edison Co
Tide
?;
May
100%
500
c
20%
1T%
:■
'
87/b Mar-V,
935
...
••V
Feb
4%
845
23%
2%
2%
•*
16%
10c
Jan
5
Corp
Texas
Jan
30
Feb v
49
-
53%
.
Jan
.Feb
90
100
~
'
__1
:
62i
87 '
•
25%
23%
1
(Un)
20%
.2,135
9 Mar
24%
-
•
•
5
9M4'
i;
680
y7
Mar
47
2,834
-
GO v; > 60
-
■
<_*.* W '25%:
(Un)„
Utah Cons Mines
Pepsi Cola
12%
;
99
*>.
;
Paraffine Companies com..-
Pennsylvania RR Co
->1,250 :';f
24%
•'Vi.:1 99
99
(Un);.——a—*
com
Paramount Pictures
15%
-f 23%
>24%
<*<.}
com—-a—100
Pan American Airways
52
•V 30
:V 14%
:;3i5%.
*
;
com
1st preferred ——iaa-—*:-
Pacific
50%
•
18
Pulp Co_
Studebaker
(
6% May
Jan
'29
52
_10
4%
Jan
100
1
!___—*
(Un)
800
19%
...;
Standard
36%
30
28%
20% May
32 '/a May
6%
155
(Un)
Standard
Jan
6
V 33%
i\
Feb
Mar
10% Jan
1
Lighting Corp com__-
Pacific
Park
7% Mar
"
*—25
15%
27% Mar
15
preferred
Spiegel
10%
33%
35
25
:
Jan
300
477
6(4
Co
Southern Calif Gas Co 6%
Southern
Pacific
Co_
27%
200
i-
15%
20%
32 %
May
t
-
23% May
25% Apr
32
5
-
Gas
conv
4.88%
Feb
v
•Y'iYr} 50
14%
33%
;
;.25
3,267
\
<
29% May
40 (A Jan
Apr
19%
32%
10
Oil_
cum
4.48%
9
■t'.i
—JL_25
:
Pacific
;
'14%
•<
.6%
—_5
Electric com_*•».—
&
14%
——.———5
Co
Coast
Gas
67c
,•
Fisheries—____5
Amer
4,359
25
p 10
Standard
Pacific
23%
23%
*
Inc
Foods
Calif
4.32%
27%
865
:
Feb
22
25
1
King Coalition
39c
400
/,
13
7%
13
(Un)''ili———
Sugar Co
45c
38 %
Feb
13%.May
<
37%
38 (4
B
Onomea
100
Feb
17%
610
...
45c
(Un)
32%
7,460
25
(Un)_ii——20
Ltd
Petroleum
Co
Class
Cons—
Oil
20%
23%
___1
Mining
High
Feb
124
22%
36'A
May
Mar
46
50
Feb
73
i.
North
(Un)
Corp (Un)___
Socony-Vacuum Oil (Un)
Feb
135
«
76
43%
8(4
115
81
A
Co
Sinclair Oil
Jan
17% May
13% May
6%
600
•
15
81
10Q
—
13%,
15% al6%
a
100
com
.
preferred
12'A
(Un)__10
ccmmon
36%
Apr
6%
Apr
12%
21%
10%
16
Low
1,336
36%
Sears, Roebuck & Co__-._-_^_____^__*
-
Feb
69
17%
Fine
Mauricio
Silver
N
Co
Range Since January 1
High
29%
1
.....
Feb
19,165
a6%
Shares.
•
Safeway Stores Inc^
Jan
9
>
18% Mar
20%
10%
„
18
Mar
6
19 Ve
10
Co
for Week
27
10
Corp
Bros
29%
v
V
a6%
,
1
(Un)_.
Low
,
•
Sales
Range
of Prices
16% Mar
l.~>% Mar
8%
Par
(UnK_,
"B"
Ryan Aeronautical
Apr
S
Nash-Kelvinator Corp
Week's
Sale Price
•
17%
5% May
25 %
STOCKS—
'
High
13% Mar
25%
1
—
14
Last
6
10
MAY
Friday
*
;
ENDED
Range Since January 1
High
16%
—5
_
Mfg Co
Mindanao
17
.——_*
Meier & Frank Co Inc
M
'
S3
EXCHANCES
FOR WEEK
for Week
Shares
C2165)
Sales
Range
of Prices
Friday
Sale Price
STOCKS—
RANGE
CHRONICLE
(Un)—
com
10
a46
31%
10%
19
365
a45% a46%
_„
8%
.
22Mi May
Apr
31% May
10% May
46
May
8(4 Mar
';
46
8Yb Feb
125
■■
22%
Feb
;•
•
'
a._
Mar
25%
431
-
83A
8 Mb Mar
.
a
■"
a
461
9%
Mar
a
55
29%
31%
1G
'
.
!
May
111
Jan
A
CANADIAN
...'T-
'1
.
•/.
•"
If
•'
Montreal Stock
D A \Tr< P
...
LISTED
PAD
MARKETS
irrrrir
RANGE FOR WEEK
-
-
ENDED MAY
14
Week's
Last
:Yf..
Par
Friday.
STOCKS—
Sale Price
Low
Par
Abltibl Power &
Paper com——
19'A
81.50
preferred
$2.50
Range Since January 1
High
>
LOW
Higti
-,
19Va
11,926
12% Mar
20
20%
4,600
17Ma Mar
18
38%
25
M 36 Me Mar
18
18 (A
•
Low
V"
16%
-123:
39
Canadian
Cockshutt
;Apr
19
Feb
Oil
Jan
1,500
13%.
12%
13 »/4
1,840
26
29 Ma
2,920
13%
14
21V*
17%
13 Ma
13
Consolidated
Consumers
Mining
Glass
&
25
-5
Smelting.
112
Mar
14
10
M^r
13%
Apr
20 Ma Mar
30
Jan
225
llMa Mar
15
Jan
21M4
54,374
12% Mar
21M4 May
13 Ma
40O
,109% 112%
37
—
5%
preferred
100
—100
.
:
•
'8(A
Algoraa Steel
.
'
100
100
25
8l/4
120
55 (4
3,935
■
33% Mar
36
56 Ma
Distillers Seagrams
Dominion
Bridge
Api
Aluminium Ltd
( Aluminum
Co
of
Can
58
53%
58
24%
.125
pfd
4%
24%
25%
-11
Argus
Ltd
Corp
'Asbestos
Corp
—
Ba3hurst Pow As
-
Bell
Telephone
Bralorne
Trac
British
;
.
Oil
-
11
May
3,155
17 Ma Mar
163 164 ya
9
1,030
,v
i
9
■
17 Ma
-.
.
...
-
24
•
168%
Dominion Glass
Mar
19
20 */4
3,175
16% Mar
33 M4
1,366
27
Feb
33 M4 May
19%
20
1,450
16
Feb
20
Apr
8
8%
—35
common
I'; 76
8Ma
24 Ma
('
24 Ma
26%
27
\
.
10
Jan
Apr
26
Jan
Feb
British
Col
Power
Corp
V;; 3%- M"- 334
• /■■V 27 i" .- 26%
r. 27
• /i 2%- v- 2% •V2%
33
/ 30% , J 27%
•
25
heb
37
May
Jan
34
Map
; i
J-
Dominion
Apr
v
Tar
Chemical
&
14
Feb
23
Mar
17%
18%
24 Ma
24%
27
26%
27
22 Ma Mar
27
26 Va
26 Ma
25
23
Mar
26% May
22
22
,975
20
Feb
12%
13
9,157
11
Feb
165
165
103
165
Mar
98
98
1
98
Jan
19
Mar
common—*
preferred
Class A
Mills
Building Products
Burratd
.-—•
^
33 (a
-
Dry "Dock Co Ltd class:
3
,.«V
33 Vi
.
-8%
U
'
•
570
23%
19,100
125
-Y
175
-
...
26 Ma
1%
13
common—
■
preferred
8%
,21...
';535'v'
•
■
\
'
:
,
i
7Me Feb
.
165
1
May
1
v
$1.30
.Canada
Canada
Canada.
.5%
preferred--:
Forgings
class
Northern
Power
Steamship
Wire
&
.20 M«
Corp——•
Ltd
Co
% 27
cl
10%
10%
13%
,
50
.
ii
.27%
.
common.
Cable
;
A_*—
preferred
Canada-
21
28 %
■f.
-*——,.4-100
S '•
21
•
10%
13
28
22 Ma
42%
21
•
'
21
28 Ma
■25
V
Jan
-:
Jan
9
w.
\
13%
-
i
^"
n
Canadian
i
Breweries
22%
—
Canadian Bronze common——
-f
42%
Canadian Canners.Ltd common—^
<
Canadian Car & Foundry common—*
14%
-20
•
—25
Class A
;
Canadian
$1.75
•,
Celanese
series
common
—
—;—
-
:
.
Gatineau
Apr
•'
75
13 Me
14 Ma
•17 (A
17
17%
76 Ma
82
2,521
39
39
39
Feb
Jan
i 93A Mar
275
81%
34
20%
665
.
170
2,427
'
14 Ma
Jan
May
J 5
Mar
17 Va
Feb
82
May
39
;
$1.00
series
25
Canadian Converters
Class
B
Canadian
6'.»
class A
—
Cottons
common
preferred
Foreign Investment—
——
For footnotes see page
15
12
12
45
45
y'2
91
Mar
22%
Jan
13
Apr
15 Ma
Jan.
4
12
Jan
12
Jan
150
44
Jan
45
Feb
Jan
29
May
.
.
,
31%
20
,80
25
30
31%
970
26 Va Mar
33 Ma
Apr
17 Ma
15
15
17%
Jan
22;
May
13 Mb
Steel
18
20
:
—;—
v
3
15
15
■
52 Ma
16
*
14% ;
9
8
34 Ma
32%
*
Jan .;
110
,
" Jaqr.
225
3 Ms
•
(170
16
1,450
9
1,813
35
5,725
'
18%
16%
18%
20,960
Imperial Tobacco of Canada common_5
4%
preferred
2a
67c preferred
—
£1
Industrial Accep Coip class A
—•
4%% preferred
100
13 M4
Ltd—
——
,
•
38%.
Jan
14
Feb
16%
Jan
52%
Jan
13
Mar
16
Feb
9
6 Ma
23 %
44
43 Ma
14
12
Feb
Mar
Jan
Mar
Jan
131/4
1,660
25
25 M4
335
24 Va
Mar
7
250
6%
Jan
36%
38%
640
86
86
35
29% Feb.
86
May
.
May
May {
35
May
48
Jan
51% May
18% May
14
Jan
25 M4
Jan
7
Feb
28% May
92,
Jan
42.
•,
Jan
50
6%
12 Mb
■
4
2% Mar
390
■
90
Oil
Jan
108
Apr
4,080
Imperial
•.
Apr,
46
46
20
18M4 Feb,
.
107%
51%
-
Jan
Jan
102'.
50 «/♦
i
18.
24 Ma
Mar
10
51
—50
preferred
Mining & Smelting—
Jan;.
:
l7Ma Map. -'v
May
15
15 Ma
52 Ma
19;^
,
15
11% Jan
'
Apr
15 Ma Mar
.60
V
i
;
Jan
28%
.
19
25
,
Jan
20
-
16% Mar:
t.
' " 2,735
103 103 %
common.—
—
„
107 % 108 Ma
—a-—
Wares
10
'Jan.
105
14% Mar
225
.
Apr
167.
,.25% Jan
260
'
24
19 V*
i—-.
common
Goodyear Tire 4% pfd Inc 1927— .—50
•
Gypsum Lime & Alabastlne—
$2
May
21
t
29
—25
,_*
.'! 85
22
14
■»
—
Canadian
21%
14
45
pfd— .20
Power
Hudson Bay
•
l
19
16
li
Howard Smith Paper common
May
58
18Ma
;
--
*
24
preferred
Hamilton Bridge
May
35 (A Mar
19
17 Ma
—
General Bakeries Ltd J—————
.'■ 42% May
21
115
preferred i__.
' General
:
23%
'
5/o
5 Va %
.
177/s Mar
7,504
..,■
1,000
Foundation Co of Can
y.7
Jan
Jan
29
20
28
•
-
-
&
19
28
'
Jan
11
20
Heating Prod
Famous Players Canada Corp.
Feb
May
•
,
May
40 M2
"4
24% Mar
50
27
1 Mar
35 Ma Mar
40
;-
Mar
11
430
.
:
21»
270
28
38
l-'-i-:.
13%
•
147/a Mar
27
«
>327
50
40 Ma
21%
B—'
4,216
-
27
40%
.t
-a
-'I
28 M»
Ehaniel
■
28
————_-ra'—,
'y'f Eddy Paper Co class A preferred^,
''.t Blectroltlx Corp
8M2 Apr
:t'
Canada Cement common—
x
>
preferred
Dryden Paper
May
;
Paper 4 Ma%
Donohue Bros Ltd
-Apr
-34
Feb
28% Feb
40 '«
'
Dohnacona
2Mb May
33
Jan
'
Textile
Dominion
■t;T
Jan
•
S. 27
Feb
2Mb Mar
•
5,215
...
34
>
24%
340
■
Class B
BTuck. SUk
4
'■
3.8% May
18%
24%
.—25
Ltd
Voting trust certificates—
-
Red
26% May
2Mb Mar
5,795
•V
■
Jan
28
3C
32 Va
760
33 Ma
Feb
23
380
37
33%
20
Apr
24 Ma
24
■:,:V
36 Ma
37
—
;
Stores
Jan
24%
21
19 Mb
'
British Columbia Forest Products,
Apr
3.12% May
38 Ma Jan
■■
Jan
:
Ma Mar
32
30%
.
Dominion Steel & Coal class B_.
May
Feb
common
preferred
Dominion
Jan
11
Jan
Dairies
preferred
.7:1%
Jan
21
24
703
v
91
205
20
25
May
Apr
20M4
-2,390
•
26: 26%-
28 %
Feb
17
3,697
37
33 V*
——
preferred—,
Dominion Foundries & Steel
Feb
I6M2 Mar
100
22(A'
26%
;:
22
'
Mar
7.75
12,661
,'H 24
-25
160
700
21
.17 %
Co__„
t—
■
18%
57c
7% Jan
24 Ma Mar
1,260
Dominion
Apr
Feb
13
49
28%
164 ya
May
25%
May
.
21%
%. 21
common...
-
5% Mar
26%
•>'
preferred
conv
47
20%^
*:
Light As Power____
American
3%%-
>>■:•> 10 i;
>
1,983 £
47 (A
67/B
21%
•
^100
Ltd
Feb
;28%
———
Pap elass;
American Bank Nute
British
'2lo,
-7
—
Mines
Brazilian
pfd—-_'__
common—
58
Feb
24
3,425
11
47%
-Amalgamated Electric Corp
Anglo Can Tel Co AVi'/o
>43
M 340 ;
; : >100 ?
13 Ma
Feb
10
'.Apr
20M4
—
Dominion Coal 6%
>
.
Feb
Jan
73/4 Mar
52
100 Me
9
Jan
8%
•
55
High
10
■
Agnew-Surpass Shoe
Low
13Ma
Companies——.
Pacific Railway
Plow
Range Since January 1
High
13%
14
A
Locomotive
Canadian
20% May
,
20%
Sugar class A—
■;
class
13%
29 Ma
Alcohol
B
Canadian
19% May
38%
20
17
.
preferred ,—*—0
Acadia-Atlantic
Class
Shares
Ind
—>Yv
—•
Canadian
for Week
Range
of prices
,
Shares
Sales
Week's
Last
for Week
;.
Sale Price
stocks—
Sales
Range
of Prices
Friday
Exchange
Canadian Funds
■ixtf
:
'
38
COMMERCIAL
THE
(2166)
CANADIAN
LISTED
RANGE FOR
Week's
Friday
Last
STOCKS—
International
6%
common
27
12
21%
21%
21%
230
36
33%
36
5,824
65
6i%
65
10,797
13%
——25
f
>k 27
Paper
International
13%
14
8,546
48%
150
11%
12%
13%
13%
160
11% Mar
24%
24%
300
23
•k
common..
Petroleum
International
Utilities
Ltd—
Power
International
Co
Jamaica
Public
8ervice
Labatt Limited
Lake
the
of
Corp
Ltd
com-
(John)
Woods
12%
—_
■■■
24%
T_.
common——
V
22
100
k,
130
,
Jan
9%
Commercial
27
:
May
13
'
Feb
Jan
\
Mar
27
Jan
May
(•
Ati '
.
11
Mar
52
Mar'
16% Mar
27
feb
David
28%
27
28%
355
21%
21%
21%
200
16% Mar
13%
14
155
13 Va Mar
15
15
100
14'A Mar
16
*
12
12
1
12
Jan
12
Jan
100
50
50
50
50
May
50
May
10
9%
10
560
9
Feb
a
7%
8
875
5
Mar
20%
19
20%
6,681
16
Mar
/ 21,265
3?% Jan
.
Laura
Lewis
Secord
(John
3
!.■
Bros Ltd
Lindsay (C W)
London
5 '!o
•
A)
—
——*
...
common—
Canadian
Investment
preferred
15
y
Eastern
:
Class
♦
———*
-
B
Massey-Harris
—
McCoil-Frontenac Oil
Mitchell
(Robert)
Montreal
common
Montreal
14%
15%
21%
20%
21%
25
38%
38%
38%
10
_•
18%
17
18%
3,490
100
preferred
Locomotive
-
Works
Tramways
i
k,:'—
35
36
25
k:
.
10%
8
Jan
Fleet
May
n
Mfg
7%
38%
39%
Feb
38
Feb
4C
preferred
45%
25
45%
5
National Drug & Chemical pfd
37
Feb
1
40
Apr
Halifax
jk
Apr
Hubbard
12
12
23%
25
2,819
18
Mar
25
25
23
25
535
23
May
25%
Jan
50%
48%
50%
2,540
43
Mar
51%
Apr
Noranda Mines Ltd
•
'a
I,100
B—*
;v..
;•_*
'-
37%
38%
13%
14%
22%
9
9%
Ogilvie Flour Mills
*
common
27
26
27
10% Mar
12
17
18
May
May
160.
3,077
Ottawa
Electric Rwyg—
Ottawa L H & Power
5%
preferred
41
40%
18
100
———
Penmans
V:
r-
•
■
River
Power
Price
common
&
Co
26%
25
26'A
1,500
20c
20c
20c
5
115
3%
6,129
Feb
Felt
67
4
4
54%
59%
115
115
63
Mar
1,145
37
Feb
16 %
5,918
11
Feb
65
60%
18%
19%
45
45
...
4%
Jan
98%
Jan
Jan
Moore
16
16
10% Mar
—
pfd
20
Apr
————_*
15
15
25
10
Feb
15
Jan
4%
4%
3
3%
Ltd
common
Securities
.
Corp
*
15
certificates
4,872
20% Mar
(Geo)
Wilsils
46%
46%
1,110
148% 148%
5
144
15%
2,565
12
<
5%
■
15%
1,210
11% Mar
20
110
17%
Feb
105
16%
Feb
7%
1,625
Jan
72
Mar
May
5
•
7%
77/e
1,575
79
79
79%
225
29%
28%
29%
2,725
25%
25%
25%
19%
19%
25%
26%
Ltd
41
440
k; 82
27
150
27
———.-id
?0V4
20%
20'A
———.10
22%
22%
22%
25%
25%
26
35
35
.k—
24%
26
■: .v.,":-
25
10
35%
.7%
Friday
8
Apr
Wcsteel
82
Apr
Woods
29%
26%
Low
9%
11%
Mar
Jan
21
British Columbia
Pulp & Paper com—4
Brown
common
-;k ■;■•:•:
1
Co Ltd
May
Band-Ore
20 % Mar
21%
Pr
Invest
Mines
Mines
pfd
6%
21%
Apr
23
Jan
25
Feb
28
Jan
35
Mar
37%
Feb
23% Mar
25%
Jan
35
38
Feb
v
Mar
Ltd
Ltd
Co
Mines
Lake
Rod
Gold
Yellowknife
Lake
Bob's
Bonville
Gold
[k
High
10
kv.7
Range Since January 1
*
Low
v
i
175
0
1,835
10
Co
Ltd
4
Mar
Jan
10"
1®»8
May
163
9
260
45c
400
45c
k
-
7V2
40c
\
12% Jan
6%
Jan
9%
v
Mines
Ltd
Co
common
Claude Neon Gen
Adv
common
For footnotes
42.
;
Jan
1
235
235
4
225
Mar
235
May
16
-j
16
109
14
Feb
16
22
May
1,175
98
98
k. 25 k
19 % Mar
1
162
Jan
_
_
Ltd
582
355 i
13%
24
39%
1,453
145
147
2,500
3,000
;
13
«...
15
48
13%
30
13%
4%
46
■
30
10
130
12
Mines
26c
7c
ff
!|
ff.
May
Feb
May
45
3c
Mar
12c
Jan
5c
May
7c
Mar
2c
Apr
12c
Mar
10c
30c
Aor
2%c May
2,000
30c
36,700
3c
5»Ac
May
55c
Mar
56c
Feb
5c
Mar
2%C
800
Feb
7%c Mar
,9C
4,000
10.500
9c
6c
1,000
4c
16c
Apr
Mar
Feb
Jan
8C
5,450
10c
Mar
22c
Jan
2,000
5c
Mar
9c
Feb
15c
1,000
14c
Mar
22c
Jan
9%C
6,500
6%c
Apr
10c
May
68c
68c
—
68c
May
.
500
k 30
*20
19%
'
-
18c
5%c
9c
I—
19% May
53c Mar
"l
75c
*> 75c
75C
500
1 •
,27c
22 Vac
27c
13,000
2.45
1,000
v.: 1.65 Mar
98c
1.17
45,700
55c
18c
1,500
12c
Mar
5c
5c
Ltd
..._i
«...
1.15
kv
May
23 Va Mar
Mar
17c
70c
•:
,
I7V2C Mar
2.40
.A 1'
;J|
11 %c May
5C
1
i
Mar
30c
"
16c
__
kf
#?.
Feb
30c
1,800
36c
' Jan
15c
17c
1
fr
Jan
9c 11 %c
1
.
Mar
Jan
22c
30c
6C
Jan#
7c
9%c Mar
30c
3c
Mar
12c
17V2C
22V2C May
Mar
5c
;
%
Jan#
93,300
3c
8%c
Jan
12c
2,000
3%c
19,200
«
25c 29 %C
34c
7c
-
1,000
3c
Ltd—1
Ltd.—J——:
—
—.1
l"0C
1
Gold
Mines Ltd—
Mines
Ltd.
..
l
•••«;•
1.09 Feb 0
Feb
27c
3*50 Jan
f;.,
1.31
Feb
23 %c
15c
Feb
0
tfan
0
Jan
0
4%C
Lake
9.4Q
•
9.25
1;-:
3c
38C
;r
31c
•
,
5.55
.5.55
Mines
Ltd
Louvicourt Goldfields Ltd —'
Mines
'^.VA
1
Ltd——1
__k—1
■I
15c
Jan
0
7c
Jan
r
4e -May
Jan
■;
fi
lOc
Mar
24c
Jan
lie
Mar
16c
Feb 0
1,745
3c k
,
l 38<)
.
5.55-
9
0;kl2kk;: Ja»;';jk
.0 ;.6c
Feb;!'
Apr
3c
May
025c
.500
-3,600-
Mar
:
Okk49eO'Feb:H
4.45 Mar
200
7.65
11 Va May
Jan
11%
••:/',0 35
3c
2,900
3c
May
35c
35c
5,000
30c
Mar
6C
6c
8,000
4c
Mar
60c
65c
44,000
42c
Mar
1.45
Jan
73C
1.00
53,500
■;.55c .Mar
1.90
Jan
60%. 60%
6c
.100
...
63c
*
Feb
14% Mar
'
'
'j
1
_
6 %c Mar
0: 93c
'
500
,
9.55
k:
:
Mar
"3c
1——10 Oil Vt: ,11%
O;—
-—
Gold
13C
Mar Ok
2,000
16C
13c
20c
Mar
lie
7,000
15 %c
6c
7c
50c
1.000
4c
'•"'V'is
—5
.
400
k# 13C
—kl k.
————
f
,
-
Jan
3c
4,400
91,500
.
15c
Ltd
Ltd
68c
of 4c
1
——_
3%C
68c
5c
1,000
12c
3c
"iV.
-.1 ■
Ltd
10c
.
3c
v': r
•
_
Ltd
Mines
Gold
5.
35
25c
25c
•,.
26
V
Feb
Jan
Apr
Apr
13% May
i 25>
■
4%
k
;
'
3C
.:
50C
May
Feb
Mar
14
15
Feb
30
May
Jan
25c
k
May
46% Apr
15
1050c
50
—5
90c
V"v
-
Oi
-
60 V2
Feb
*,4.
8.10
6.10
100
6.25 Mar
Nechi
.1
•90t
95c
2,000
SOckMay
New
•
Cons
Marlon
Nor metal
Dredging
Gold
Mines
4—
Ltd.,
Gold
Mines
Orenada
Gold
2.10
Mjnes
T1
—.1 V
1.90
9c
9c
500
2.20
1.85
—_*
Ltd
23c.
23c
—1
Mining Corp Ltd
O'Brien
-
k 65
May
Mining Corp of C&n&da Ltd;
Jan
<
.1
^
23c
A or
4,000
2,600
,.5,000
9c
May
>i
]
1.18 Jan
Apr
|
2.29
Apr
I
2.17
Jan
T 27c
1.55 Mar
1.50 Mar
Mar
8.10 May
■
;
9c
•
May
;•
Apr :f
48
-
i—
Mines Ltd
Mclntyre-Porcuoine Mines Ltd
f
Jan
y 39% May
147 • Apr k
Feb
7% Mar
5
10
Macdonald
Pandora CadalJic Gold Mines Ltd
May
,>Fen-Rey
100
47;
Mar
20% Mar
100
10
35
Mar
22
:
3Va
15
47
Lingside
2,50 May
38 k
10
.
30 k
27% Mar
40
30,500
7c,
Labrador Mining fc Explor Co Ltd.—1;
2% May
139
■
106%
Feb
6,630
k
15
•
8c
8c
17c 21 %c
20c
Ltd.
Lebel Oro Mines
1.50 Mar
130
4%
4%
1.45
40
31
147
>
100:,
24
,
Jan
-
-•:2lMay-H-
1,000
3c
—I
_L———
Mines
Lake Mints
Jack
Jan
Mar
2.50
13%
7% May
22.
2.500
5c
1
_
Lake Shore Mines Ltd
4
May
2.50
47
4c
68c
Jan
Mar
8
1.50
39
Mar
41c
,
11
5c
Joliet-Quebec; Mines Ltd
May
98
4,650
—
•
Apr#
Jan
V:
115
125
2%c
3c
Lake
Jan
24%
175
75
15
'
25
——
18% Apr
Feb
'
2%
-
Jan
14 ■
60
1
Hollinger Cons Gold Mines Ltd.
Jan
Jan
2
-25
15
II_*
"II*
61%
115
-;V
2%
___•
,
222
2%
—
21
30
40
1
Ltd—
_
Cadillac
Mines
Gold
Heva
May
165"
13%
135
3%c
-
•
Mines
Mines
Goldvue
Jan
12%
98
—100
see page
Jan
50
10
4
_l
Preferred
18%
Apr
25
»
I
Feb
44
8% Mar
-3%
2
Canadian Westinghouse Co Ltd
Ltd
15 Va
10 % Mar
:
21
.;
30
1
Gold
Lake
Goldora
18 % Mar
4
•
common
20
40
1
Gold'oeam Mines Ltd
13% APr
50
21%
Lake
God's
200
75
•
20
14c
Ltd...—
Gold
Found
Jan
100
73
100
Wines
Jan
10
75
i
:
Apr 1
18
50
12c
Mines
El Sol Gold Mines
Apr
6%
108
12
165
100
Catelli Food Products Ltd common
5Ve preferred
117
21%
'•"kf
Chateau-Gai
5
Feb
10
:
Cassidy's Limited
11% Feb
100
Co
Lumber
335
13%
74
11%
Canadian Vickers
1% preferred
Western
78% Mar
95
376
-
&
II,987
12c
(1945) Ltd.—
Formaque Gold Mines Ltd
21%
Candn Power 3c Paper Inv Ltd
com..*
5% cum preferred
_•
Canadian Silk Products class A—
Canadian
3% Mar
1,755
•
-
Ltd
9,050
46
2?
Jan J
6Ve
1
40c
7V4
12 %C
Ltd
Red
Mines
Eldona
|
12
•
110
40c
110
i
Mining Co Ltd
Lingman
Canadian Ingersol Rand Co Ltd
Canadian Inter Inv Trust common
5%
preferred
Canadian Light Si Power
Canadian Marconi Co
'
17%
100
I
Jan
115
•
Feb
25
120
>
7%
k
1
Gold
Sullivan
East
Jan
1.00
5%
13%
>16
Jan v
'
L
Dulama Gold Mines Ltd
$
Api
Mar
4%
235
i
10% Apr
■
17 -k Jan
125
17%
13%
1
Ltd
Mines
Central
Donalda
t
Jan
"■**!£:"
•
17
Ltd__l
Mines
Explorations Ltd
Dome
Jan
114
17
50
50
<
•
Mines
Dickenson
Mar
;
99% 101%
46
Ltd—.*
Canadian Industries common
7% preferred
17
1
Ltd
Denison Nickel Mines Ltd
High
Mar
791
•
3
10
14% Mar
Feb
Ltd
Mines
Mines
Cournor
Shares
17
Ltd_I__*
16%
£
Jan 5
May
111
Jan
Mines Ltd
Mines
Gold
Bordulac
for Week
——''
Ltd common-*
May
4%
40c
-
__*
Ltd
Gold
Beaulieu
Cortez
158
■
*
Mar
20
52 k May
-
'10%
*
v.
Mining Corp
Bcaucort
Sales
155
•;
130
.145+,
10
13%
*
Gold
Cheskirk
May
8%
13%
•
—..
V
500
__
__* '
Century Mining Corp Ltd
150
'
13
107
50
;
~
56
5%
17%
100
Ltd
Co
Ltd
Metals
Beatrice
Jan
5
100%
_•
—
Vinegars Ltd
Canadian Dredge & Dock Co
Investments
Apr
13'A Feb
May
17
1
27
150
5%
1
Canada 81 Dominion Sugar
Canada Malting Co Ltd
Electric
,10%
f
10%
19
10%
1
25% Feb
158
~7
100
1
Gen
>>
t
Apr
5% Mar
jk
;
v
Fontana Mines
Gen
May
29% May
K* 75%
10%
•
Ltd
Arno
6%
■
.
*«ifl4-
pfd -20
Mines Ltd
May
11%
—
A-
Canadian
27 -:
Apr
Feb
5%
Alta
.41
150
158
common..
Canadian
Feb
29%
>660
14%
107 108%
•
.54
•
Alger Gold
k 26% May
Apr
5%
-k
i-.
Canadian Food Products
-
Jan r
65%
•
.100
Ltd..
Products
Feb
11%
6 %
common—.
14
k'
108
•
Ltd
red
5'/o
Manufacturing
Consol
T°;
of Prices
..y-i...
Canada
525
20
'Apr
Jan}
Mialag Stocks—
Jan
525
Range
Sale Price
Acme Glove Works Ltd—
Atlas Steel Limited
Bathurst Power & Paper Co Ltd B.
Butterfly Hosiery
>
50
40
®
-5Vz
13%
-
Apr
Mar
0:
Week'e
.Last
stocks—
!
«te Materials Ltd—.*
Stowell Screw Co Ltd class A...20
United Corporations class B__
_*
21
Jan
920
35 V*
Canadian Funds
Company
4,055
Jan
:
94
-4% Mar
kk:k:'40r-
Favlng
Ccntremaque
Preferred
27
I
;Jan i
43
14
; 29% May
i
12% Feb
617;'
8%
8
;k. .'-14
Cartier-Malartic Gold Mines Ltd
Ltd class
200
19%
—50'
(Canada)
Ltd
Canada
Southmont
34%
1,870
;
50
-
& Millen
41
/V
'
Standard
Montreal Curb Market
Brand
-k,
8%
class A—
Industries
20%
55
Belgium Glove & Hosiery
k,:
13
'
,
Feb
94
12 i 12%
>-
Bridge Co Ltd
Mar
19
-
200
•
93
■,
Mar
5%
25
}
Mar';
25
:
(Can)
Southern
May
Base
_L.-IIIlO
preferred
27
16% May
10% Mar
5
>
27
—-.10
cum
36
230
13
<
Jan
795
v.
29%
94
;
.
12%
325
42
<73
Candego Gold Mines
T/o-
5,015
13
IIoo
Russell
Apr
80
■
22% Mar
2,145
39%
—
.-—.———25
Belding-Corficeili Ltd
15%
29%
Corp of Canada^ 6%*- 1st pfd
24
95
26%
40%
*
Nova Scotia
.
Jan
16
'-IJ*
69% Mar
100
k——i-——10
Toronto
Jan
10%
73
com
Sarnia
"w
77/a
••
-
Enterprises
Reitmans
Apr
18% Apr
7% Jan
5% Mar
67
*
;
52%
29%
QuebwePHip & Paper 7% pfd ^
kk
—
Jan
Mar
k Jan
20
17%
15
•
common
Montreal
8%
9
—•
Manufacturing Co Ltd
Quebec Tel Corp
17
368
•
—
Apr
U Feb
Mar
52
1st pfd__30
—
Rand Service Stores
Jan
150
7
•
common
—
,28
Jan
7
2
''■■■•'•k- < j
"
Mar
6
:
Canadienne
Commerce k
3% May
14%
275
*
fi^lP-C pairt• 2ntb pfd
Jan
20
.
•
Worts
preferred—
i
v
15% May
15% May
14%
,
•
Banks-—
•'
Feb
*
_
Ltd
Royal
15
/
.25
common
Limited
'Jan!
5
9%
Paper Co.—5
Ontario
&
Orange Crush Ltd..
May
47% Jan
44% Mar
———
Winnipeg Electric
Zellers
■
Jan
9%
-—--440
Refrig & Storage
Corporation Ltd
Nuclear
22
•
Wabasso Cotton
Weston
Jan
27%
80
pfd.100
cum
Power
132
.*
——
&
:
8% Apr
.
604
Paul SCrvlee Stores Ltd——
155
__*
—
Walker Gooderham
4%
Jan
May
Mar
•
common
Corp
Oil
Apr
46
35% Mar
151
109
pfd—100
Standard Chemical common—.
Steel Co of Canada common
Steel
v
r5 •v.-Jan..;
2%
290
*
Paper Co
Patoh
10
50
7%
Southern Canada Power
United
&
Feb
85
x
Tooke Brothers
(Walter M)
Jan
•
com
prefeired
preferred
•.
400
-
Ltd cl A—*
(Can)
14
100
•
7 %
May
15%
Apr
16%
100
Southam Press Co
May
19% May
•45
%
'
-
pfd
Sherwin-Williams of. Can
Breweries
| 17% Jan
Mar
115
Feb
Jan
Apr >
Montreal
13 %
15 Va Mar
,
13 V2
Inc
Power
Minnesota
68
10%
Feb
16
41
:
60
18
preferred,
93% Mar
300
Jan
25
McCoii-Frontenac
54% Mar
50
Feb
6
59 % May
25
Melchers Distilleries Ltd common
42% May
16% May
15
620
Apr
40c
Mar
20
13
1,190
*
Jan
26%
Jan
15c
14%
28
5,457
12
21
20
13
11
125
3'A
14%
42
05
25Q
May
2% Mar
1,951
45
29%
12
16%
100
100
19%
/■
59%
__*
•
Shawinigan Water 81 Power
trust
MacLaren
May
150
42%
36% Mar
225
145
10
Company
Co
Lowney Co Ltd
May
42
Jan
May
Feb
101%
49
101
Apr
42%
100
Maple Leaf Milling Co Ltd....
*
Massey-Harris Co Ltd 6%% cv pfd_20
Apr
36
—*
-
St Lawrence Flour Mills 7%
Voting
f
103
66%
Apr
f
Feb
15%
Jan
9%
3,910
cumulative preferred
20
Ltd common..*
•
St Lawrence Paper 6%
Sicks
Jan
Feb
16%
100
-
——
A
s
29
•
common
„„
Rolland Paper common
St Lawrence Corp Ltd com
Class A pieferred i-
Series
102%
10
.23%
6% Mar
-
May
,
3,405
35%
14% May
Jan
2%
6 % cum convertible, preferred——50
Lambert (Alfred) Inc ——.—;——*-l"
1
18%
ik.
42 %
Ltd
4% preferred
Provincial Transport
Quebec Power
Feb
—•
Co.—
Corp of Canada
Bros
36
10% Mar
20
100
•
1
International Paints
5%
41;
15%
.
Mar
V
.Jan
18
Mar,
Jan
v;
25
325
10?% 102%
•
Powell
18
•
common
Page-Hersey Tubes
Ltd
41
^16
May
39
Paper.———*
LaSalle
Hydro-Electric
f
i'k
Jan
28
24% Mar
626
18
Apr
42
Feb
42%
Investment Foundation
Ontario Steel Products
e
Feb
42
2%
*
class A
common
'•
Feb
2%
*
Feb
Jan
95c
C%
100
42%
100
Jan
8%
Apr
33
550
kkk
17%
May
Mar
33%
>;
3,515
9V+
19% May
7%
270
22
Feb
16
805
14
r
Feb
20% May
55c
350
:k
16%
9
-
42
Jan
May
14% Mar
:
325
22%
1
red pfd
41
38
t
■
8 -H 8
42
•
*
•
Canada
of
Dauch
de
Hotel
45%
41% Mar
130
Co
Insurance
&
Jan
25
'
,200
60c
Companies
45
Mar
•
12
8%
60c
Goodyear Tire & Rubber of Can Ltd-*
Great Lakes Paper Co Ltd com
*
■t- Class A preferred •_
•
k
•
Steel Car Corp
Niagara Wire Weaving
6%%
Fraser
18% May
5
National
17%
8%
Candy Shops Inc
Co
i;k
21% May
•,,,•14. ;;-Mar-.;
30
Apr
":k 1,529
39
16%
8%
5% May
15 Va
16
W 2,640
Aircraft
Si
Motor
Hinde
National Breweries common—
19%
High
,V;
Feb
May
15% May
16
205
16%
Ltd——.—*
Products
i
.
19%
Worsteds
&
Foreign Power Sec Corp
6% red preferred
•
20'A May
9J/a Mar
15%
*
—
Cottons
Montreal
Steel
Fanny Farmer
f
Ford
MacMillan Export class A
com—•
Paper Co Ltd
Federal Grain
Corp—
—
2
22,118
20
Woollens
Donnacona
Apr
16
20%
Engineering Works Ltd
Dominion
& 80ns Ltd
Lang
16
3%
13
125
19%
—>*..
class
k
4,975
13
20%
.r..
Limitee
Low
%
5%
:
*
Ltd
Mills
Range Since January 1
High
\
13
plu,——•
Dominion Oilcloth & Linoleum Co
21% May
17% Jan
.
Frerc
&
Dominion
Jan
25
Mar
Ltd.*
Ltd
Corp
Shares
5
Cub Aircraft Corp Ltd—*
1
12% May
14
Jan
•
Textile
5%
preferred
Crain Ltd <R L>
Apr
Sec
Stand
for Week
Low
common—*
Ltd
Paper
Consolidated
May
c
Div
Consolidated
15% Jan
k
Mar
.
39
.
Consolidated
>'
36
65
Alcohols
Consolidated Bakeries of Canada
28% Mar
21
1,836
.
.
Sales
Range
of Prices
far
High
r
11%
International Nickel of Canada
International
Low
High
,12
*
...
—
Week's;,
Last
Sale Priee
STOCKS—
Range Since January 1-
48
Bronze
preferred
Low
.100
common
14
Friday
Shares
Monday, May 17, 1948
MARKETS
WEEK ENDED MA*
Sales
of Prices
Par
Intercolonial Coal
;
CHRONICLE
for Week
Range
Sale Price
FINANCIAL
&
Jan
Apr
Jan
Mar
Perron
.7 Pitt
,
v
Geld
Gold
Gold
Quebec
Mines
Mines
Development
1
-
1
Gold
Mines
Ltd
•
.1
1
6C
1,000
5c
Jan
7%c Jan
6,500
10c
May
20c
70c
2,000
70c
May
70c
70c
;
A
Quebec Manganese Mines
—_*
Quebec Yellowknife Gold Mines Ltd—_1
Rochette
6c
10c 10%c
.1
Ltd
Mining Co Ltd.—L
Labrador
1
Ltd.—
v
5c
•—
1
40c
>
63c,
35c
?
66c
46c
■
k
500
4%c Mar
3,000
57c
Mar
229,900
19c
Feb
lie
..
i
13c
9,500
6c
Apr
12c
13c
3,500
10c
Jan
9c.
Feb
•
]
|
Jan
89c; Feb
■V 65c
Jan
15c
1
\
Mav
17%c May
' ?
;■
Volume 167
Number 4699
THE
COMMERCIAL
CANADIAN
RANGE
Friday
„
(
-V,"v-
STOCKS—
„-X
Par
'
Santiago Mines Ltd
Sherritt-Gordon
Siscoe
Low
^50c
Mines
Gold Mines
Ltd
13 %c
1
Mines
(1944) Ltd
Standard* Gfi*d Mines Ltd...::
Steep
Rock
Sullivan
Iron
t '
Mines
V*
Hughes Gold
rhurbois Mines
Mines
—1
Ltd
OU Stocks—
:
w——*
50c
50c
Mar
67c
Jan
1,500
7c
Mar
11c
v
400
1.73
1.80 Mar
3,799
2.65
4%c
27,000
7.00
99c
100
1,000
' /
•
•
Oil
Co
Ltd
„*
.
%'V 900
Calgary
Edmonton
<jfc
Calmont
Oils
I.td
Consolidated
.v.-
■■:
•;
Ltd-
Corp
-
Apr y
6c
;
•
Jan
f
:
•
;
t
..
Home
New
Oil
Co
.
1
:
Ltd-
„—;
Pacalta Oils—
;
Okalta Oils Ltd-—.
Exploration
OiLCo Ltd
4c
:
Mar •'
4.75
;
9c
-
Apr
23% May
80
80
80
10
70
Jan
bu
% May
28
28
50
21% Mar
30
Mar
22%
22%
22%
1,070
21% Mar
23
Jan
*
22%
21%
22%
3,533
17% Mar
24
Jan
common
•
21'/a
21
21%
240
16% Mar
—
20
21% May
25% Jan
21% May
Feb
7.25
Breweries
Convertible
—
preferred
Apr
Celanese
1.60 Mar
3.75
Feb
Canadian Dredge
;
Canadian
•
Jan
60c
Feb
24c
Apr
i
1.25
6,500
16c
May
1,700
95c
8c
3,200
7e
18
150
;r
15%
Apr
82
76
82
695
56%
Feb
34%
Feb
39 V
•
38*4
39
155
22
22
22
4,200
21V2
21 %
21%
210
675
14
May
17% May
82
May
39
May
20% Mar
23%
16
Mar
25% Jan
8
Mar
Jan
5.25
Feb
7
i
Canadian
i
Canadian Malartic
32Vic
-
10%
10
10'4
15%
15%
15%
25
13%
Apr
15%
88
88
88
30
82
Apr
90
Alcohol
Feb
*
13 %
12
13 %
2,360
10
14
Apr
__
12*4
12%
"A"
Locomotive
•
28
25
73c
■'<" 73c
*
137/a
Railway
-25
Feb
;
11% Mar
13% Apr
585
75c
common
Mar
Jan
150
-
28
•
-
■
11%
21
Mar
30
70c
Mar
88c
Feb
11
Mar
15
Jan
1,300
Jan
1.75 Apr
Mar
16c
Feb
16
Apr
•
Class B
•
19
7
Feb
x*
r:
Apr
Canadian Oil Cos
Canadian
Pacific
'[Canadian
i
»
Exchange
Cariboo
Gold
•;
Central
>
Chatco Steel
14
21 Vi
585
17%
21%
26%
26%
17%
17%
1.60
1.60
1.65
400
1.21
Apr
2.65
1.44
V
_1
IV.
1
Porcupine——
.'
__
1.30
1.45
11,100
1.20
Feb
1.49 May
;
1
Castie-Trethewey
] Central Patricia- Goi6 Mines
13%
26%
Tire Corp
*
Wallpaper class B_——*
Canadian
i
■
Toronto Stock
500
v
*
Industrial
9.00 May
Mar
118
17 V2
*
1.95 Mar
Jan
7,295
-
Mar
17
100
-
Preferred
Canadian
"
6,700
-
Mar
10
17%
—*
Food Products common
Class A
Jan
12'/a c
9.00
7c
.
:
-^43c
15c ..18c
7*4c
preferred
Apr
-
1.67
Mar
17
975
25
25
-
6.60 May
Jan
'
1.55
•
600
1,200
23
338
14
2.60 May
33c
90
21%
13 V2
—-*
common
Preferred
.
25
,.'21%
13%
20 V p
Canadian
25
__
•
;\VA Class A
•
25
•
common
Canadian Car
Jan
19c
69,900
1.91
8.40
.
.
1.60
*
v"*
■
1.70
.
'
v
24c
: *"
■
9.00
.
• -.
500
1,000
52c
19c
*.VV 18c
Ltd——
6.60
52c >.
.
,1.91,
•
.
—
Omnitrans
Roy#lite
•.
24c
■vyv
.
Gaspe Oil Ventures Ltd
*6.00
,
52c
High
23
1st preferred
V-
3.25 Mar
'
6.60
7
,
'•
Oil
-30c
Low
75
*
Canadian Canners
19VaC Jan
Apr
■
2.60
30c
30c
LI
.
Homestead
2.40
__
•
Range Since January 1
High
23%
Class B
New
Anglo-Canadian
*
Shares
23%
-
British Dominion Oil & Dev Corp__
—
Canadian Bank of Commerce———10
V| Canadian
Feb
2.08
Mar
2.55
-
2.11
f
•(
:
:
?
Low
—25
preferred
Sales
for Week
of Prices
Jan
6.85
.
Varnish
[] Canada Wire & Cable class A_-
Jan
9,911
•
Apr
13c
: 4c
6.85
Week's
Range
Sale Price
Por
Canada
Apr
Feb
6Vic
4c V
.
3.25
1.45 Mar
Apr
*
1
Friday
.p'.'
STOCKS—
%;
Jan
8c
2.07
1.27
16c
35c
2.65
__
14
P'A,.
High
11 Vie Mar
170
5.5Q0
*.
g%c
__
I.
Vinray Malartic Mines—1
Waite Amulet Mines Ltd -J
2.07
MAY
Last
21,667..
:
52 Vic ' "55c
>' 7c' ? 8c
V 1.27 V
—1
—
10c
;:2.07;',.
♦
(2167)
.iP-V;,:
Low
40c
10c
•
1
Cons Mines Ltd—j..
Teck
*40c
'
__
CHRONICLE
MARKETS
WEEK ENDED
Range Since January 1
18,000
3.10
40c
—'
.
*
—_
?.55
LISTED
FOR
Sales
Shares
High
■
FINANCIAL
for Week
>
12c 13%c
.
2.75
Ltd—;—.
.,
-1
Soma-Duvernay Gold Mines Ltd..——11
Stadacona
Week's
Range
of Prices
Last.
■,
Sale Price
A
&
58,568
1.25 :VHy:1.25V:.1.25:V
12% Mar
21% May
35
25
Mar
26%
190
•
16
Feb
1,200
r
1.05 Mar
'
: 14,100
14c
15c
12
12
—
'VV 10
*44c
48c
1,800
6c
5%c
=6c
V 11,500
—
,2.25
2.35
3,800
16c l6%c
VV 1,500
—;:vV
,
13c
Jan
18
Apr
Jan
1.40
Mar
Jan
33c
Jan
13
Jan
Canadian Funds
Friday^
Week's
>
Last '
STOCKS—'
| Abitibi Power k
Paper common
$1.66 preferred-—-—
*
j Acadia-Atlantic preferred
Acme
*
Gas
k
Low
19*4
20
-
of Prices.
,vV« A
t
'20%
171934
20 %
99
Gold
Algoma
—*
Mines
Steel
Aluminium
6c
3 Tic
American
Anglo VHuionian
v
Anglo
Rouyn
Apex
33c
—••
——
Mines
-
2uc
2,000
10%c
100
•
7c
*
'
Colomac
2.69 May
9.20 Apr
12,1274=4
6,800
-
•11c
'
;
'
!; 65o
.
6%cMar
Jan
I.
Armistice
•
-
Preferred
j t
__l
;i
Ashley Gold &
Atlas
;t
Oli-;
•
.
i
"
•
Mines
137/a
13%
v'
."
•.
14c
7c
8c
4,.
Aunor Gold
Bagamac
Mines
Banklield
Bank
12c
of
Neva
of
Meta!s
12c
3.35
6c
15c
0c
Apr
25'4
25%
125
34%
34%
220
35
35
35'4
630
20c
16c 21%c
■j
...
8c
-
Feb
28
34% May
Feh
9c
class
A
•
—
2134
21%
21%
41c
40
-
,
—,_i——1
Bell Telephone
I2V2C
100
240
,
Mar
13c
r
19,300
804
22c
17
j
Bevcourt Gold
1
Blue
Bidgood
I
—1
Kirkland
Ribbon
Gold
Corp
'Preferred
v
Bonville Gold
|
I
:
13c
41
-_1
——l_l
25o
Mar
169
•
Brantford
Cordage
common
;
*
,
Brazilian Traction Light at Pwr com—*
Brewis
Red
Lake
21
51% May
1,600
414 c
8.55
11
14c
•
c4'y'
Mar
u
I
preferred^—25
Columbia Electric pfd
100
copy
:
British
.26%
93«/2
British Columbia Forest Products
Packers classs B__.
British
Columbia
Class B
■■
Power A
—
•
Britishh
preferred—'
Rubber
!
100
Broulan Porcupine
Bruck
100
„.-i.r
Buffadlson Gold
;*■
Denison Nickel
.1..—-1..
65c
,
1
,
•
f;- " ' ♦"
.
'
4c
Dominion Bank
•
?
Lake
Mines
Building Products
Burlington Steel
Burns
&
Co class
—
—
:6c
Mar
:
Jan
11
Jan
p
*'•:
May
Burrard class
A
t
May
7%c Jan
V,
Callinan
n&lmnnt
Flih
Jan
26% May
i
175
91
100
Mar
99
4
Jan
615
y
Floo———«
100
2
Feb
99
80
£
22
100
Mar
40c
Mar
5,800
2%
33c
Apr
27c
517
72c
>
Apr
16c
500
•
32
27
37c
Apr
r
m
1.80
99c
1.50 Mar
600
17
115
13%
■
8%
lie
17;
5,125
••
6c
4,600
,
10c
100
V
:
8%
.8%
900
10c
2,000
r".
v
6,70
5.75
6.80
?
r
Canada
Canada
i, Canada
53c'
48c
2.80
:
Canada
«
Canada
•
Permanent
B
For footnotes
see
28%.
67c
70c
12,500
45c
Mar
40c
Mar
y
Mar
45c
60c
64,100
19%
20*4
11,710
16%
50c
20*/a
40c
50
25
140
'16
26
% May
2,051
22
Mar
6
Mar
23
Feb
Feb
45c
Apr
100
48c
Mar
82c
Apr
25
10 %c May
■
Feb
12,800
20
—.10
25
25
—
--
•
,
19%
2,850
Z
J.9%
26 Vi
—
26%
26% 27*4
10%' 11%:;
>
.
24
—
*
19% Jan
Jan
64c
Jan
21%
Apr
7,813
100
24
65c
4%
4%
150
17%
18%
10,430
24%
32 %
25
1,275
13*4
71 %c
14
19%
13
28
11
1,040
Jan
11% May
24
,
4%
3% Mar
1,310
Apr
26% May
21*4 Mar
—
vFeb
27
13% Feb
25
Jan
23% Mar
;
Jan
18%
v
25
Stores
79c
May
Apr
-18% May
26%
10% Mar
Feb
Jan
h
13%
Apr
14
Jan
80c
51c
Mar
1.10 Feb
10
10%
85
10
May
10% May
17
17
375
17
May
17
21c 27%c
134,200
17c
Jan
29c
20c22%c
37,100
20c
May
74c
Jan
1,350
5c
Mar
12c
Jan
Mar
33c
Jan
30%
.
.17
■
27c
22%c
Mines Ltd
Amphi
Crest
•
•27,700
May
Feb
'
6V2C
6c
--
7%c
7%c
7c v' ^ 1c
———1
Oil-—
2,600
8c
5 Vic Mar
9,500
10c
Feb
Feb
45c
Jan
'
370
1.52
45c
1.65
4,710
26c
60,200
2.45
—
7c
*
7%c.-
———"
2.52
;
16,570
9
9*4
700
—
18
25
—
36
18
36%
2.45
9*4
Steel
———
*
——25
:
Eddy Paper class A—4——>20 v
19
Elder Mines
—51c-
>
Investment
i
i Eldona
Jan
El
Gold
1
——1
Mines——
Sol Gold Mines
——
19 :
52c
18%
50c
1 15
Empire BraS class A——»**
V Eureka Corp
——1
-
x
\
.
f
^
^
^
*
!
,
""
17c
19%
1.90
■
1.98
u
<>
1.19
96c
—
4
Jan
3.65
)
Jan
Vt
;
Fanny Farmer Candy Shops
;
Federal Grain com——,
—*
Preferred —————100
12%
:
Feb
Feb
Feb
25c
17
Apr
May
8% May
y
Mar'*.
8c
15c
v
6.80 May
-
16c
Mar
8,500
34c
Mar
65c
Jan
2.15
'
V
Feb
Feb
y 2,800
Apr
46
45%
550
3.00 Mar
14% Mar
V.-:
28%
,
1.52
2.08 Feb
Apr
1.60 Mar
Jan
V 625
10
Apr
Feb
18
May
30
V ,100
;
3.50
6*4 Mar
15%
Jan
38
Jan
16
Mar
19%
Jan
712,725
45c
Mar
74c
Jan
308,650
55c
Mar
4,500
12c
Mar
/'j
* '
*■'•■' ''
20c
.
20
VjiVV
55 Z
19*4
1.15
10,180
2.00
1.30
-
Feb
25c
Apr
Jan
20
Apr
Apr
4.55 Jan
\
100
27
Apr
43%
Apr
?
275
10%
16%
120
'
16%
,
188
13%
Famous
Federal
Fibre
Kirkland
Products
————.1
—
common
Frobisher Exploration
Gatineau
•
—
Power
*
-—<——* '
———*
;
—
10
Mfg & Aircraft
f Ford of Canada class A
V.4 Francoeur Gold
17*/2
41%
6
99%
' 5c
—
*
—
Preferred
.V
18.k
44 V2
6%
*
1
Players
Fleet
21% May
28% Feb
4.35
Faleonbridge Nickel ————4.40
VV, 1.425
3.60 Mar
18
2,295
15% Mar
18
720
34
47%
6*4
100
6c
8%
Jan
Jan
Jan
May
103% May
Mar
Feb
1,100
,
7*4
8
Jan
1,350
2 % Mar
21
3,920
7c
1,500
1.99
1.95
2.05
2,550
*
common
7
19%
19%
20
110
7c
4%c Apr
180
*
,
85
4,100
8%
10c
4.55
Mar
3% Mar
110
2%
26
10c
25*4
—
1,200
-
*
8%
2%
—
2%
26
'
8*4
4.45
44%
v
May
Feb
8% Mar
3%
Feb
Jan
26%
Apr
Apr
15c
Jan
1.30 Mar
18%
9
*
Feb
2.29
20
Feb
Jan
'
46
10%
16%
Mtge——_ -100 v
page 42.
Feb
5c
Apr
Jan
May
6c
•20: 21%
10%
0
———
S S Lines common
Jan
Jan
May
1.60
Apr
30c
Economic
'
28%
Power
class
11c
7,200
}
Jan
Apr
4,950
»
56c
2.75
21*4
*
Malting
8,000
—•
—
33% May
'
Feb
*
V.
Northern
Packers
46,000
45c
197/8
15 %c
Apr
y 7% M#r.
•23,074
11c
IOV2C
*
* A
Preferred
11
Apr
17c
!
Mar
2.40 Jan
Mar
«
28%
10
8C
Ay '.
I 2.80
common
Apr
1.00
Apr
55c
Scottish Investment com—1
Gold
Eastern
>
Cement
9%
1.05
y.
20%
vEast Sullivan Mines—————1
''
12
—11
Campbell Red Lake—
Canada
20c
60
1.900
40c
——42%c
East Malartic Mines—
1
1.65
.•p: 32^: May-
10% Mar
•IOV2C
Oils
Mar
2,200
-V:
9%c
East Leduc Oil——
7% May
24% Jan
245
.
•
10c
19c
Jan
3
.Mar
4% Mar
10,'600
12
•
-
21o
15c
1
Duvay Gold Mines,—*———————1
...'J East
23%
12
—1:
Calgary & Edmonton
Mar
68c
Duquesne Mining Co—
;
33%
S
—i.
7c
'
33c
*
DuUma
\
24% Apr
331/2
*
Calder-Bousquet
y 4,500
40c
Dominion Malting common
J
•
5,970 4
10c
V' 10c
,
*
Mar
Mar
V—
-
965
>4;
33 V2
V—
_
May
10c
15c
7c
8'4c
Dominion Coal preferred ——25
Dominion
Mar
6c
Apr
-,10c,
1
*
B
52
Jan
Mar
'
•
'
42
Jan
90c
50c
11
,
*4—1
—
J Dominion Steel & Coal class B
Feh
29c
.
Buffalo Red
?
5
Jan
30c
,
50
1.23
i Dominion Fabrics 2nd pfd
—*
A Dominion Foundry 6c Steel
1
26%
5 Dominion
Magnesium —' 11%
20"
73f»
1.80
__
4
'
Apr
9,000
y
8c
11
1
—1
Discovery Yellowknlfe
C't
Canadian
-
Mar
Apr
'
16c
70c
15c
14
55c
T.5Q.Apr
150,500
65c
55q
23
•
4
Buffalo
1
—
; Distillers Seagrams ——————-*.--2'
Diversified Mining n—«-«,«.
4%c Apr
2%
.
y 19c
lt500
1.10
I Dickenson Red Lake—-.-.--wl
'
.;|' Buffalo ' Anker 11e
Mines
.
3,a00
32c
29%
Jan
1.23
21
2%
29c
32
■■
May.
2,500
—
13
Feh
27
100
l__
Mills '
1
Feb
154,
Mar
19
155
v,
52
:
t
7*4c
—
1
fVDominion Woollens
V Donalda Mines
——-1
i DonneU As Mudge common-——-*1
l "Class A
17
27c
;
32c:
Mar
26c
1.10
^——
—
V Dominion Textile eomrnon—100
V: 12
a
*
26%
70c
v7'4c
*
—
Davis Leather class B
Easy Washing Machine
:
-
————1
-
I Detta Red Lake
Dexter Red Lake
Feb
Jan
93%
V
26%
"'British Domitdott OIL-.—'
.
'
'■■■
-
1
107/a
Apr
;
70c
Jan
10
;'y ! 7
7
52
13*/2C
—
Feb
17c
12,899
3%
*
Columbia
52
14c
:
vDominion
25
26'4
92%
4
• *7
British
■j
26
.-
8
145,
May
VVV.;;:'- ■A;ViA:.y-
j Delnite Mines
7-East
24
23'4
—100
,
'-v-.:
D'Aragon Mines
7 Davfes Petroleum
Feb
29c
.
2%C Apr
May
835
■
.5C
4%C
:'24% t
;
Coal
Patricia ————1
Cub Aircraft
•
t' British tA'merican iOtt common-^»^-i-*
V
65c
•
60c
Apr
12
28c
9,000
.:
21
-
Nest
;-l
«_1
—*
55 V
Feb
10c
3,000
>
13,500
18%
35
Jan
Apr
113
-
28c—Jan
.6,000
8.50
,
1
<■
60c
Mar
10*4
3c
11
["
ii
10 V
21c
24c
91% Mar
■
18c
4C
'
—
Mar
18c
30c
Pershing
Feb
2434c
Pershing
Vv.V -;V-
Jan
25c
3c
:
Mar
24%c
Crestaurum Mines"——.
Crow's
Jan
Mar
50
28c
3c
'
*
15c
19
.
Jan
Apr
15
13c
15c
Jan
13c
19
i^Xrovshoro
Jan
5,500
■■
,'yy
.
51 %
51%
.
15c
-
Bralorne Mines Ltd:
!
,'.51%
12
Jan
85c
500
—
Jan
72c
•
7,700
19c
12
T_1
——
38c
•
18c
1
—
| Bordulac Mines
)i Boycon
35c
•
;._r—__50
Bobjo Mines Ltd
Bonetal Gold
■|
35c
.1
r
—L'_—■0
common
Jan
16%
Apr
145,600
4,750
vlv
128
(
I
„
20,500
Feb
22
May"
9c
—
Smelting—_5
150
May
Mar
160
Apr
1.00
Apr
Mar
1.15
Feb
Mar"
38%
1.50
Apr
55c
149
Jan
17
50
165
162%
16
33,400 ;?
Jan
37%
27c
*
12,500
40
12 %c
165
'
50
50c
__l
75c
Apr
J
rDome Mines Ltd
16
-
65c
1.40
Jan
7%q Feh
55c
12
179
;
27c
65c
2,799
14
1.02
i Croinoy
,.**'. % >•'•*■
16
400
,
90c
-
.
150
,1
Mar
38%
34%
90,420
13
Corrugated Paper Box common——*
20%c Jan
Mar
25
~
1.50
80c
'• V. •:v-10
4.00 Jan
8%c Mar
'6c
13% Apr
Apr
v
142
Feb
2,100-'
Jan
2.45 Jan
Feb
46c
—
,
10
500
——';,•••• ■-=-
Jan
1
1.76 Mar
;
52c
113
Feh
15c
3.00
4,705
Mar
16c
•
Yellowknlfe
Beaulieu
Feb
25c
•
Jan
'ConsumersGas—100
;4 Conwe$t Exploration ————r*
13% Jan
Apr
25%
'
—
Bear Exploration & Radium
^
Mar
Mar
1,433
Jan
22c
Mar
24c
Jan
8c
5,700
5c
Feb
5c
16c
9%c Jan
15c
•
Eeatty Bros
11c
7,500
4
Feb
15c
16c
19%c
I8V4C Jan
Mar
9c
Apr
3c
1,100
545
109*4
13% Apr '
Mar
-
10%
9
5,000
-
■
4,150
1.50
-
Consolidated Mining &
Cons ■ Press class A
Jan
50,700
34%
10
Mining
Power
10
1,000
.
V
16'/eC 16 %c
.*:*•:
Bathurst
38c
Mar;".
4c
Apr
14,000
112%
<
16'4c
10
Scotia
4' Bates & Innes class A
r
6,995
17C
3.25
■1
".
Feb
1.25
Jan
Apr
6c
5.500
10
Toronto
Base
15c
Mar
'6c
2,900 '
12c
Ii
—
Montreal
of
Bank
9,500
-y
4
3.00 Mar
Apr
18c
23%c
Jan
Mar
11
65
Jan
30c
52c
—
.
—*
V'-'V
i
;; Jan
60c
~
'
Consolidated
I Bank
15c
V
188
8c
8V2C
16c
1
—
•
9c
15 %c
,129 '
——_1
i
•'
__—l
-
11%
_
--_1
Aumaque Gold Mines—^.^
14,800
9c
f
11'4
11%
—1-
——i-'———
i
-
8%c
•
•
Atlas Yellowknife--
i; V
•f
jr_
'
-
6c
2,000
-
83
1.00
Apr
Jan
a%c
Mar
5%c
Consolidated Central Cadillac-.,——1
■A.Consolidated Homestead Oil—-t——*
Apr
"7% Jan
Mar
15c
;
5c
70c
■
Mar
35c
VV'
10
65c
Mar
16c
2
'
67
v
-2SO
7% Mar
30c
V" 4c Mar
:
12.24 Mar
100
13%
13
.
p
52c
,—5
—
Consolidated Beattie Mines..
.'••if-
.
7Vic
1
Steel
.
4;
1
-
Aubelle Mines
20c
v
-1
-
Quebec
Athona
17c
13%
-.1
—:
''"-v.
Astoria
lie
He
.
'
v
—
——*
—
Conlagas Mines.
Jan
«%q 4Jan
:
5% Mar
67035,4-
,
48c
'
18c
,
—
—
Consolidated. Bakeries
:
"
76%
10c
.
Ashdown Hardware class A———Lios
•
7.6 %
40c
>
4—46c
_*
::7
6% '
7
-
^—100
12/ Warrants -i:———
Arjon Gold JL
13%
1
—-1
—
Yellowknlfe
i Coniaurum Mines
.k
■■■•;
Argus Corp common
10
10
.
4
Feb
5c
?
Apr
Mar
1.11
10
325
—
Commonwealth Petroleum
16%o Feb
-
——*
common
——
iCockshutt plow
Coin Lake
.
Apr
8.35
Kniting
.1-11
;
V
11% Mar
Jan
41 %c
32c
—
100
V
10
Malartic
—1
^
3%c
4c
-I'Coastal Oils 'i—:V'.<18%cT8%c;
| Cocheuour Willans —1
1.95
1,95
2.01
j.Apr:
Feb
8c
-3.900
6c-
:
————1
1
——
-Z Citralam
■
57% May ;
'i 38c - Jan
1.35 Mar
32,500 *
70,875
;
51c
IOV2C
-
Mar-
22»4c
13c
57
.
Mlnes
1.11
Circle Bar
Jan
Jan
1
2.69
8.50
7cA
*
—
44% Mar,'
48C
50c
| Area
33*4 Mar
8.50
__
1
__
Cons Resources
•
3%cMar—
1,130-.'
10
;
1
-
•
■
Chromium
'*.-240;'Apr.'.,
4.540
14c
-
2.30
8c
8%
6,000
:
33c
-
Apr Feb .;
7%
15%C Apr
Chestervllle
I Chirao Goi4
20% May
101
Apr
=
Feh
6c
-
-21c
i lie
''2.64.'
949
2,100
4c
33c
13 Tic
—iV—*•
98
"
1,000
-
52 -55%
53
57 Ti
2OV2C
Yellowknlfe.
Angla Canadian OiL——
i
-
"
Vi
20c
3V2C
55%
-
Amalgamated Larder Mines——£—*.1.
American Nepheline
V.*
»
-8
20c
1
new_
•99
t
19*4 May
ni7% Mar^
—
—
—s———-1
—„
High
12% Mar
3,850-
6c
!
8*4
common______
Ltd
7,207
100
\Atmf»w*Rnrpag«.
1
f
;
J •
^AlbertaPaeificCons——A-——1
f Alger
:
20%
100
Oil
Low
-*
•
—
i Chemical^ Research
i Cheskirk 'Mines
Range Sine# Jannaty l
High
.
common
Chateau-Gai Wines
for Week
"Range
Sale Pries
Par
«Sa!es'.v:i;.^i
■
-
188
13%
13%
110
.
>
,
25';"
100
•
9% Mar
15% Mar
188
11
,
May
53 Ya
Jan
11 ya
,
Jan
18
Jan
VV
Jan
r
201%
;
1
5%
preferred
5 % %
..—100
preferred
General Bakeries
General
Products
—100
—*
A—_—*
,
—
Mfg class
50
101
Feb
108
107
108
15
107
May
111
3
16*4
3*4
16*4
625
15
15V4
103
—
...
3%
16*4
V
104
10
16
May
515
14
Feb
'
Feb
14
Jen
General
Steel
Wares
common
—*
15*4.
2% Mar
3%
Jan
Jan
Jan
17
Jan
16%
Jan
39
THE
CANADIAN
;
>
RANGE FOR
Monday, May 17, 1948
CHRONICLE
COMMERCIAL &'FINANCIAL
MARKETS
LISTED
WEEK ENDED MAY
.1 v
14
v.:
Friday
Gillies Lake
;—
___
'
Glenora Gold.-XXXX;:X,
'
„
2%C '
Low
4,60
8C
2 %C
Range Since
;
10,348
1,000
1,500
8C
lie
2.90 Mar
Apr
7%c
Apr
2%c
67c
f 75C
65c
19c
34.850
48c
Mar
9,600
11c
Apr
Mar
Jan
Mar
74c
17c
' 84,000
10c
'
74c
Mar
4c
72c
Mines
50c
10c
Globe Oil —X—X—-——X~
God's Lake Gold—;
———;
Goldale
High
4.45
4.50
.
Shares
,
Sale*.
Range
for Week
of Prices
Low
Yellowknife Gold Mines.
Giant
Sales
Wfcek'r
La»tRange';
Sale rrice
.
'
McKenzie
Feb
Apr
Jan
May
16c
7%c
14c '
2.70
16c
9c
Jan
Feb
Jan
Apr
Jan
Jan
Lake
Red
Red Lake Gold-.
McMarmac
Jan
3%c
82c
1.09
19c
Mines..
Mercury Mills
Mid-Continent
Low
59
59%
405
43 %C
49c
,7,500
9,625
14c 16 %c
16%c
18
Oil
17%
18
71/2C
10c
12e
Midland & Pacific Grain
15%
15% '
Mar
16
/
75c
29c
Mar
18
Apr
11c
Jan
Gold
Eagle Mines
Golden
Arrow
Goiden
Manitou Mines.
Goldhawk
_—.
1.95 Mar
May
6c
Porcupine
.
Goldora
Mines
3c
Mar
Goldvue
Mines
10c
Mar
14% Mar
Graftcn
&
Graham
Bousquet
class
Co
2%
2
2%
1,720
1.75 Mar
Corp
8.15
8.00
8.25
3,870
Modern
Containers
Monarch
Moneta
-X__X
Mar
275
,
14
Apr
10
95
Apr
;
:
Feb
3
Jan
,8.25 May
'</:
19%
Jan
15%
Jan
,97'/a Apr
Jan
A—
May
10c
28c
Mar
39c
14 '
Mar-
18
Feb
76
9c
Apr
15c
Feb
13c
May
37c
Mar
16c
Jan
Orange Crush
Feb
litMar
5,110
1,440
10%
Jan
11c
Poicupine
———.
XX
Moore
Corp common
Mosher Long Lac
Ivlylamaque Mines
National
Drug
Grocers
325
1
500
65
•
/
9,800
—
May
Apr
preferred
com.
Preferred
Great Lakes Paper common
National
Hosiery
National
Sewer
National
Steel
class
AX.
preferred XXX
Great West Coal
Gulf
13
30
A
i,
Montreal Locomotive
25V2c Jan
135
May
53
Apr
20
Apr
14c Mar
National
Guayana
class
Knitting common
Preferred
Grandoro Mines XXX—X-
Class A
16
6.10 Mar
:
Jan
Jan
Orenada Gold
Feb
49
XI
—
Brick
Mining
.
Omnitrans Exploration
[04
Goodyear Tire common
Preferred
•
5%cMar
..
Milton
Goldcrest Gold
Mar
66
43%cMay
107,500
100
High
56% Jan
395
9c
—
X?XXX XX;/XXXXXx
Range Since January 1
High
59
43 %c
Mclntyre Porcupine
6.30 Apr
lfc
Shares
tow
High
>
XM■;JltXXXX'
for Week
of Prices
Sale Price
STOCKS—
January 1
————
Mines
Mines
Lead
Negus
—
New
-
Gypsum Lime & Alabastine.
Halcrow Swayze
Car
18% Mar
.
Mines
Neilson
Gunnar Gold
25 % Mar
Pipe class A
1.91 Mar
(Win)
100 %
Limited pr
Bidlamaque
Apr
2%c Mar
New
Calumet Mines
New
Marlon
75c
Mar
—
Gold
Haliweil
Hamilton
——
Bridge
Newnorth
—
Gold
.1
Hard Rock Gold Mines
Harding
Harker
.•
Carpets
Gold
Gold
Harricana
Gold
—.X-X-X
Headway Red Lake ——;
11
7c
7c
Merger
Nib Yellowknife
8c
9c
Nicholson
1
Gold
—
1
-
5c
,
5c
10c
10c
New
10c
Rouyn
Nipissing
95c
Mining
Feb
May
8c
Highland-Bell
Jan
24 %c
——
Heva Gold Mines.
Highridge
30C
5c
5c
8c
8%c
Mines
Noranda Mines
75c
Mascot
20c
26c
30C
Mines
Norbenite
Hedley
20c
15c
r
77c
__
1
Heath
19 %c
10%
—
1
Mines
Ha saga
Oils
3%c
17 %c
20c
74c
10%
1
*_
Pacalta
3%c
Norzone
New
16cl8%c
18 %c
22%c24%c
23c
Gold
New
Jan
Malartic
Mines
Norgold Mines
Normetal
Mining
Norpick Gold Mines
Norseman Mines
Highwood Sarcee
—
Hinde & Dauch
7%c Mar
.
18
Hoiiinger Consolidated Gold Mines.
Home
Yellowknife
Hosco
Apr
Gold
Gold
North Star Oil common
Preferred
-
Mar
5c
——.
25 '/4c Mar
Mines
Inca
Northland Mines (1940)
Feb
5.35
Oil
Homer
North
Mar
9
—
O'Brien Gold Mines
Ogama-Rockland
Howey Gold
Hoyla Mining
v
Hudson
Hugh
,,
__X—
—.
1
—*
Bay Mining & Smelting
Okalta
*
1
Malartic
Imperial Bank
10
Imperial Oi)
•
Imperial Tobacco of Canada ordinary.3
.
Preferred
X-XXX-XX—'
Indian
Lake
1
Gold
1
——
Petroleum
Paramaque
Parbec
[
: International Metals class A
international
International
;
Nickel
Co
——•
Jason
Mines
Joliet
Quebec
Kayrand
Kelwren
Gold
Kirkland
_
38c
8c
:
-
———
Lake
72c
28
.—...
28
'
_.
6C
7c
2,05
2.10
2.85
12c
i
$
!
10%C
11%C
—
4
11c 12 %c
20c
13%
•|
20c
13%
Porcupine
-
-
x.,'
:
'
8c
41c 42 V«c
42 %c
42
42%
60c
60c
17
—
—X
v-!v-
•
I
Pressed
i
Preston East Dome..
Metals
Proprietary Mines
Purdy Mica Mines
Purity Flour Mills
___x_
•
1
2.90
'
15V4
Powell River
Powell Rouyn
Power Corp
£
Gate.—
——_
5c
Porcupine Peninsular
Porcupine Reef Gold
V
30c
34c
Xx—t—
-
Golden
Kirkland
28c
——
,'1 Kirkland-Hudson
68c
—
Engravers
Pioneer Gold
_.
—X——-X-!
Gold
Kerr-Addison
■;
Photo
Pickle Crow Gold Mines.
Mines-
Kenville
1
Perron Gold
1
Mining
10C 13V4C
Piccadilly
XXxx——
Joburke.Mines Ltd
-
2V2c
36c 38 >/2c
_X.Xx
J M Consolidated
2«/ac
Pen-Rey Gold Mines
•
—
Jack Waite- Mining
:
Paymaster Cons Mines..
Petroleum—
Jacknife Gold
,,
X—
Partanen Malartic
common——*
International Uranium-—-——.—1
y
Mines
Malartic
international Bronze Powders com—*'
1
,X
___
Labatt (John) Ltd
common.
Preferred
Labrador Mining & Exploration
Laguerre Gold Mines
;
,
Lake
Dufault
i
|
Lake Wasa Mining
.
Lake
of
Woods
Mill
—J9
common
X—
*
V Lamaque Gold
•
«
Lang' & Sons X—X—-X.* ———*
Lapa Cadillac
l
Lapaska Mines
>XX-.X-i—XI
'
Larder
Laura
"U"
Mines
Secord
—
Candy....
Lebel Oro Mines
■•"
]
:
X—XXX-X--1
'ijeduc-West Oil ——_XXX—<
Leitch
Gold
Mines
Ltd
Little
Long Lac Gold Mines
Loblaw Groceterias class A
^
Class
•
•
85c
15
12 %
B
—
common
10%
—X—.
-
11
16%
...
16%
Gold
Roxana
Oils
Co
Royal Bank
Mar
15
12%
class
(Little)
Rochettt
May
26
Silk
Class A XI
Mar
60c
__________
Royallte '•OiVXXXXl:XSl.—^
Roybar
.Mar
Russell
Mar
Apr
Jan
7c.
Chibougamau
—
Mar
Apr
Class
•
Mines.
Mines__
1.00 Mar
Feb
9
1.50
2c
Milling—
11
10c
'-lb
Paper
r.ii.'f ^
•
San
Antonio Gold
Sun
norm
Sarnia
126
46c
Mines Ltd.
_.
Mines
X—_X_-.
Rridge''X_--'X-XyX
Senator Rouyn
Shawinigan Water & Power..
22
Apr
Preferred'—XXXXXXX
47
Shawkey
,Ltd
»1945»
Shea's
Wpg
Creek
-
Mines -X—X
Brewery
class. A_
44c
15c
10%
■
21%
'
22
46%
47
15c
15c
10%
10%
:
Mar
Sick's
V T
class
42%
126
43 %c
preferred
Apr
Mar
11%
41%
f.
Gold.;:
98c
.L.X
A
common
For footnotes see page 42,
Sigma
Silanco
Breweries
11% Mar
common
C___
Mines
Mining
Mar
1.43 Mar
Sherritt-Gordon Gold Mines—
—
Preferred
McColl-Prontcnac
11%
...
Apr
Jan
I
102% 102 %
'
preferred
Lawrence
Sheep
Gold
McCabe Grain
2.40
18c
Eastern
Leaf
A
vT6c 17%c
X.17:- 17%
common
Power preferred
St Lawrence Corp common
St
4% Mar
Red Lake Gold
&
Industries
Saguenay
XX—X.X-.
Sand River Gold
Gold
B
Martin-McNeely
Massey-flarris common
.
2%C May
53c
Malartic Gold Fields
Maple
Robinson
2.40 Mar
Magnet Consol
I Marcus
Mar
7%c
*
MacMillan Export class A
Manitoba
Robinson Cotton
12
16c 16 %c
(1936).—]
Gold
Riverside
Mar
12c
Gold
Mines
MacLeod-Cockshutt
Madsen
Richmac
May
40c
Macfie Red Lake
't
...
4c
1.10 Mar
1
____Xl
—
5c
12
MacDonald Mines
Class
Gola
Mines
Gold
Rupununi; Mines^ *
class A.
Goldfields—_.
Lynx Yellowknife
•
4%c Mar
29 %c Mar
Ltd
Hosiery
Lunward
i
Reno
24%.Mar
Louvicourt
Macassa
Macdonald
Renabie
16% Mar
:
B
London
Reeves
2.25 May
5.75 Apr
:
Lingman Lake Gold Mines
■
Quemont- Mining
i-
Kegcourt
c*>La Luz Mines
"•
Labrador
Queenston Gold Mines
t
X Lake Shore Mines
"
Gold
Quebec
Quebec Manitou
X;. Lake Fortune Gold
.
Quebec
I
Mines
11% Mar
(Quebec)
-XlXXX'X-
-
7.20
Jan
38 %c Mar
Jan
70c
—
Feb
1.15
Page Hershey Tubes
Pamour Porcupine Mines Ltd.
6
Apr
18'/2c
Mines—*
Mines
Pacific
X
Lake__
Lake
Osulake
——1
—
v
Red
Oslsko
5
plngersoll Machine class AXx—X
Inglis (John) & Co—.—
Inspiration Mining
.
Oriac
.1
A'fc preferred
■; ■
Oils
O'Leary MalarticOmega Gold
Feb
THE
-
COMMERCIAL
&
CANADIAN
FINANCIAL
LISTED
; Friday
Week's
Last
00:: Par
Silver Miller Mines__.
Eiiverwood
Class
Dairies
Low
■
1
27c
10%
10%
9%
9%
9%
>'
West
Dairies
100
pfd.
99%
:
„
10%
14,900
Low
25c
Class
•
i
B
•
Preferred—
Siscoe Gold
Jan
1
12%
Jan
I
93/4 May
11%
Feb
1;
99%
50
27%
560
24
Mar
27% May
23
24
635
18
Mar
24
98%
140
96
Mar
101%
99% Feb
V(J. " v.
Co
Springer
*
*
Mines (1944)
Prelerred
Standard
..
Standard
Steel
Olsen
Co
__
Cons
350
4% y.4%
100
4%
1
8c
10,500
2.03
2.18
15,250
17c
17c
2.07
5,300
9c
1.49
1.49
1.51
2,300
1.47 Mar
:45c
35c
45C
3,600
4%
5
165
.4%
2.60
2.80
6,500
2.5C1
43c
Mines
40c
4Gc
12.500
*
Mines
1
6%c
6c
it
Tombill Gold
Works
class
Toronto Mortgage
Towagmac Exploration
Transcontinental
—
.100
.
it
A
12
...50
class
preferred—
preferred
United
Keno
United
'174
May
Hill
lu8
May
12c
63c
47%
43
15%
7%i Mar
16
135
1.73
1.89
10c
10c
Apr
13%s Mar
•
500
7%
7%
7%
1.75
1.80
9c
2,285
1.75
1
2,600
>
15c
m
6.25
6.15
Oils
1
-
8
Fend
851
5.15 Mar
7.20i
10c
Apr
13C
see
30c
3,000
22c
Feb
35C
Jan
(In
'
*
II
•'•
■
-Jy.; y ■
" "•'
;*:>
■
May 5,
1948
Assets—
Gold
certificates
Redemption
*
for
F.
*
+
623,016
50,000
S.
Govt,
21,965,186
—
foreign
notes
of
19,698
+
+
85,950
+1,605,000
+
88,102
+5,541,830;
97,152
-V:-*
"*
'
10,057
+
+
3
+
5,233
+
+•
+455,725
—
+
1,319,494
.
12,572 ■"
359,045
+
RATES
CERTIFIED
2.50 May
39% May
4%
46
230
19%
20'%
45c
48c
10,738
2,900
20%' 24%
1,225
23
__
'65
.
134..
Mar
3;
Mar
5,650
39
23
18
Jan
27
32 %
305
10,600
31
31%
520
20
Feb
21 %
21
22
220
21
May
61%
65
25
27
5,285
6,795
•
'5c
3,500
4.10
3*80
4.10
——•
^
•
63%
64%
+7
3c
4.10
37c
42c
50c
6c
6VeC
5,855
1,500
Jan
34
Mar
Jan
65
May
27
Mar
56
100
May
May
22 %
May
6%c Jan
2.25 Feb
380
40c
V'
^__„l
Apr
46
Mar
20% Feb
40c
40c
50c
1—.
=
Feb
2.80
3,475
64%
4%c
Jan
23
3.20
,
May
60c
24% May
21% Apr
32%
27
Apr
Apr
22
*
175
31
64%
May
4%
46. ;:
14% Mar
33%cMar
.
3.00
Paper.—..—i*
__—
149
Apr
32
*
BY
<
FEDERAL
7,
1948
TO
RESERVE
MAY
13,
v
n
BANK
4.80 Apr
64% May
Mar
Jan
40c
Apr
26c
Feb
50c
May
6c
May
8c
Jan
>
i
1948,
TO
•
TREASURY
UNDER
;
TARUTP
-
.
ACT
OF
.
?
'i
t
1930
INCLUSIVE
—
Buying Rate for Cable Transfers
in
New York
4,244
—
22,037
—
in
United
States
May 8
Money
$
May 10
.297733*
i.
.297733*
May 13
■7:7V'
.297733*
.251247*
3,212133
May 12
May 11
$
.251247*
•
Closed
.251247*
,251247*
•
1
3,212133
3.212133
.022800
.022800
.054406
.054406
•
y'.251247*
r
3.212133
.022800
.054406
3 212133'
.022798
,
+
—
•
16,393
+-
501
*
f:
1.000000
; 1.000000
1.000000
.917109'
—
.922343
.570100*
.570100*
-.020060
.020060
.020060
.208604
—,
.208604
Closed
4.031328
Vv-
.919375;'
.570100*
V;.020066?
.208604
.208604
.208604
4.031328
4.031328
4.031171
y
4.031328
!;
Official
.004671*
.301691
.205753
,
Netherlands, guilder
.003274*
.301691
India, Dominion of, rupee
,004671*
.003272*
—
Mexico, peso
5'
•
l.OOOOOOl
y
.921562
.570100*
.020060
—
.920859
.570100*
-
(Metropolitan), franc—
-J
A, 'V
l.OQOOOO
—
Denmark, krone
1,626,958
.377633
T
.205753
.003274*
.301691
.301691
,205753
.205753
.377622
y
7.004671*
.
.003274*
>
.301691
.377622
■
.003274*
r
.004671*
.004671*
b
.377584 *
Newfoundland, dollar—
36,545
+
•
.205726
,
-},, .377622
+451,993
-
1.000000
pree
s
45,244,711
+1,233,948
New Zealand,
.
198,055
+
'
4-
30
:
448,189
27,543
6,735
+
8,366
+
50,534
+
3,702
"
45,969,032
+455,725
-
Switzerland, franc
-
+ 1,266,223
y--.51,3%
^
"
,
......
6,616
.
;r.
—
88
9
—
:
,
3,896
—
/
464
"v,'
-
,
.
.040328'
.040334
7
.040334
'
y
\
.091324
'.091324
.278264
.278264
.278264
4.007500
-".-v
fNominal rate.
.233628
Closed
4.007500
.233628
%
.233628
4.007500
4.007500
Z
■'
:■
i
^
»
V
.916875
•
3.225000
.201595
.201595
'
.091324
.201595
;i,,
-v
.040334
.091324
.278264
.233628
4.007506"
{
Controlled
' .658300*
NoncohtrbQed...*.!.—.561800*
y.y
.201595
^
.233628
—
Union of South Africa, pound-—.-———-———
Uruguay, peso—
-
Contingent
,040343
,919166
3.225000
.091324
—
Sweden, krona
gold certificate re*
deposit and F. R.
combined
-
.919791
3.225000
■*
.
1.000000
1.000000
,278264
Spain, peseta—-—
serves, to
liability on
bills
'y
purchased for foreign cor*
respondents —3,275
.' Commitments to make Indus-
-
,
:"'• V:.'
1.000006
3.225000
.201595
...
^Portugal, escudo—.—r
" 17,086
-.918333'
Closed
3.225000
88
-
+
1.000000
.914583
•
pound
sNorway, krone
-
-j."
....
;i.r\ AJ
h
Official-
2,580
'
-
>
.054406 *
•.
+241,249
+222,815
/?
$
.297733*
.297733*
t
-
Czechoslovakia, koruna
199,167
75,003
2,375,557
'
t
-
Value
...
—
Free
763,336
i--
♦rial loans
1.50 Feb
20% Apr
i
Colombia, peso
+1,137,792
19,198,413
items
(Section 13b)
capital accounts
liabilities
900
.
Total liabilities & cap. accts.
;
Bros
Jan
Jan
1,670
149
.24%
1
Jan
12%
24%
2%
3.15
„
Jan
18%
39%
46
.054406
Official
117,812
—
53,434
+
'1 417,898
.
Surplus
note
,
440
Jan
108
+ 1,266,223
+205,608
374,276
Capital AccountsCapital paid in
Surplus (Section 7)
Ratio- of
75
22
Mar
*
.U
common
Oreille
....
Canada dollar—
574
»
.
l'
y;y
11%:
4%
•
48c
$
Free
-17,086,745
...
*---,-7
.
3^I-
15% Feb
10
Mar
19% Mar
147
.022798
France
Total liabilities
Other
80
6%
,;u
73,091
—
23,654,348
*-v,-,
yy-v;
95o
375
.
Apr
Apr
Feb
31
England, pound sterling
Other liab., incl. accrued divs.
;
3%
•
Brazil, cruzeiro
14,035
+289,295
+
-164,172
\l
;
17%
6,695
Jan
28
117
31
20%
-
*
—
—
Belgian, franc
53
—
106,386
45,969,032
deposits
availability
102
Feb
4C
*
10
Jan,
72
2%
147
•
——
Apr
25
•
—
Free.
—1,304,080
32,652
! other
Deferred
>
6%
245
"V
.W*
Australia, pound
—1,413,981
+116,040
ii Foreign..
i
5%
11%
,
7
4'%
May 7
—1,545,975
15,900
2,814,406
Member bank—reserve acct.
U. S. Treasurer—gen. acct.
t ,
r Total
70
5
39
•
Oil
—7,014,836i
61,000
—
49
banks...
Total assets
{;■!
Jan
305
99
__
——*
common
Investment
petroleum
Temiskaming Mining
Official-
Liabilities-
:.
115
21'/a
-——
Argentina, peso—
792
—
banks
Federal Reserve notes
Deposits:
'
*
'
y
113
17
1
Country and Monetary Unit
110,693
—
20,599,525
(Other assets
,
27 %'
common
Paper
27.2^3
+
810
+
Uncollected items
Bank premises
jj
10,940
+
—
20,348,464
securities.
other
Jan
4%
May
+2,337,611
1.956,800
Govt, securities.
and
8%
2
73^
26%
:
101
■■
6,281,220
loans
6% May
1 1
1 73/4
-■
—100
MAY
7,944,701
4,165,743
*
Bonds
R.
—
878
Bills
from
300
890
3%
;
,
Total
7
2
_•
Marconi
——
FOREIGN'EXCHANGE
*
94,383
—
46,043
250,183
Notes
F.
+
286,656
advances
Certificates
Due
6%
—
Vinegars*—11%
securities:
Total U. S.
Jan
—
2%
5%C
+2,431,994
3,957
—
-
Industrial loans
CJ.
Sugar..-—.
Noon
and
9c
Southwest
$
J'
Discounts
Apr
5,520
R.
:
;
, .*
'?/'*
Total gold ctf. reserves
other cash
.Jr
1947
$
21,342,170
fund
May
5%ic 6%C
fifive. below a record for the week lust nassed;
give below a record for the
just passed:
May 14,
1948
$
j | notes
5%c
to the
Increase ( +) or
decrease (—) since
•
May 12
'
Feb
81c.
Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank certifies daily
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
Waj
thousands of dollars)
v'
Jan
40c
Foreign Exchange Rates
'
-
2.90
Apr
May
42.
page
Reserve Banks Combined
'
Dominion
Southmourit
Feb
Statement of Condition of the 12 Federal
I
Apr
18e
68c
__
Mar
U
footnotes
2.40
2,964
2,000,
,
Selections
Oil
2,000
.
Jan
9.125
Jan
Jan
12c
'
Jan-,
24
23C
15%
Paper
Apr
6.50
^
ADr
8c
May
81c
113
Shoe—
..
28c
29c
100
Mar
68c
Pulp & Paper com—*
Minnesota & Ontario
Apr
10C
Vicour Mines
Feb
Jan
20V4C
27 %
Humberstone
2.35
•
v.!
2.54
12c
11c
26% May
Mar
5c
Jan
~
Feb
19
Jan
Jan
68C
Hayes. Steel:
Price
Ltd
&
Foothills
Jan
1.95
>
Mar
5% Mar
2.50
2.50
!_
-
Jan
16 ?y
1.68 Apr
,
50
,_*
—
deHavilland Aircraft
Disher Steel preferred
May
48%
>"
2,500
20
36
28
101%
Mar
95
Jan
21
1.15 Mar
6%c
20
100
Dalhousie Oil
Jan
10
Feb
45%
55,230
6%C
—
J
International
1.86
15
Mar,
*
:
:
Dominion Bridge
$
140
15%
*
Steel
Girl
Consolidated
Jan
210
99
10c
Mar
20%
99
Canadian Western Lumber..—..u+—-2
Canadian Westinghouse
—*
Mar
Mar
540
5c
5c
3,215
Jan
8c
21
4,500
8,500
Jan
19Vic Jan
97% Mar'
6c
"0^+
14%
Jan
1
__
Preferred
May
35c
—
*
Upper Canada Mines
For
-
12
3,500
8%
r'v.'
•
Mines
Canadian Vickers
Jan
%c Jan
Jan
103
8c
Mar
26%
Jan
4,800
5
7c
5c
__5
——
common
Canadian
May
4SC
21
.25
—
.
Oils
Vulcan
Feb
10c
50
.
25%
*
Co
Canada
47c
8%
...
26 %
•
_
Corp
RCanada
103 1041/4
21
n
.
A
Brown
Jan
12
May
Feb
I
Bear
British Columbia
Jan
80C
10%i
Mar
22
55
Apr
29% May,
11% Feb
Apr
13
920
100
Jan
20 v
370
8%
.
Fuel
12
32
Canadian Funds
Jan
47c
•
Corp class B
.
National
49c
.
140
1
Knitting class A
5%
Apr
172
35%
25%
Mines
Yankee
3.50
'
7'Ac Apr
8
35 Va
%
Toronto Stock Exchange-Curb Section
Jan
103
*
Gas
United
61c
21c
2,000
172
6','eC May
6V2c
Jan
8c
....
Resources
United
7%C
11%
May"
60c
;
10c
6,000
25
Class B
Jan
1.99
18% Apr
1,075
172
*
Toronto General Trusts
Ymir
York
Andian
Apr
5%C May
170
G5c
65c
1.200
9C
k; 98%
100
Yellowknife
Asbestos
32c
20.000
'
20
65c
7%C
1
70
14c
1
common
Canadian Industries
6%C
19 %
—
35c
13%
13c
9c
Mar
19c
Apr
*
13%
25%
Mines
Combing
2.05
Apr
2.60
>,
•
;a
.
_
r
13c
98'/»
Preferred
5
_
Wool
5%C Jan
1.00 Mar
Mar
10
7.50
Apr
21c
:
230
Wlnora Gold'
Jan
2.40
Apr
1,300
11c
1
-
Gold
Iron
3c
4c
1.35
10c
11%
1
Jan
Mar
Apr
Apr
1.30
11
4.60
*
•
Preferred
Jan
79c
Mar,
4c
1.30
*
.
1.68
17c
"
11%
100
81 :-'f Apr
12c
Apr
Mar
10c
common.
Tailors
So
24
35%
Gold
Yellorex
79%
■
'
$ Mar
8,435
A
com
Wiltsey-Coghlan
Feb
5%
Feb
•
(Geo)
Winnipeg Electric
Apr
5%
Apr
11,350
29%
♦
Preferred
Wingait
7.25
28%
__1
class
High
'6.60
*
Grocers
Low
6.80
—*
Mines
Range Since January 1
High
29%
•
Wright-Hargreaves
21
Mar
67
72
W)
common
Malartic
Weston
;
Low
Shares
Jan
8%
Apr
60c
.
&
A
Western
Jan
97
Apr
4%
West
7%. Jan
% Feb
8,000
2,000
•
1
_
,
300
Jan
(G
of Prices
Par
Wekusko Consol
'
'X
; May
68c
17% Mar
CO
6c
Mar
4
i
;• ,V..
::'y
'•
.
•
(Hiram)
Class
y
Sales
for Week
Range
Sale Price
_•
Waterous Ltd
1.50 Jan
5% Mar
255
81
-
17c
Thompson-Lundmark Gold Mines-
B
79
49c
-1,300
77
80%
8c
—
Mines
Gold
5
67c
81
_v
Gold
Teck-Hughes
5
66c
__*_1
Taylor iPearson)
Ventures.
21
79
Mines
Gold
River
United
20%
—
Sylvanite
Class
21
*
Inlet
Union
4
__
Mines
Sullivan
Toronto
1,010
—
Contact
Top
8
common
_
—
Sudbury
Tip
90
7%
c
Sturgeon River Gold
Toburn
20
7%
1
-
Steep Rock Iron
Thurbois
200
_
Gold
Steeloy Mining
Taku
2,136
92
«
A
Canada
of
Preferred
Surf
55c
7'%
Walker
54c
Apr
29c. Jan
19% Apr
1.18 Mar
7
*
Stanley Brock class B
Starratt
8,100
91
*
class
1.45
:y+ 54c
.
Radio
Mar
17% Mar
92
com
_
26c
40
7%
}
_
_
Paving
Preferred
Mar
6,200
1.40
■■0'
•
com.
..
34c
32c
19%
1.45
—
Standard Chemical
2,731
28c
19%
0b
Feb
•
48c
45c
-
30c
__
—
Sturgeon
Stadacoma
98%
45c
Sladen Malartic Mines.Southam
100
+-rn\
,V:
99%
.
0-
y+y
Waite Amulet
48c
98
24
—
Mar
y''::fX-:
.
10% Apr
27
99%
27%
j
High ?
200
^
Simpson's Ltd class A
STOCKS-
}
t
210
.
Week's
Last
Range Since January 1
-
•
32c
,v.;\
B
Eiiverwood
Friday
Shares
High
27c
*
class A
Sales
of Prices
«
1+
for Week
Range
Sale Price
(2169)
MARKETS
RANGE FOR WEEK ENDED MAY
STOCKS—
CHRONICLE
yjji1- "'"/i,
v
.
M
V
1
\
V
r-
.658300*
.658300*
.658300*
.658300*
.561800*
.561800*
.561800*
.56180lfr*L
THE. COMMERCIAL
(2170)
42
FINANCIAL
&
CHRONICLE
OVER-THE-COUNTER" SECURITIES
-fe:
/>
,
Quotations Ut •: Friday, May 14
^.
>
I.-11
..
Aeronautical Securities
Fund
Affiliated
1
5.80
Loomis 8ayles Mutual Fund
*
Loomis Sayles Second Fund—10
6.36
4.38
4.79
10
Corp
27%
x25%
.1
Business Shares.
American
Managed
Business
Associated Standard Oilstocki
——S
Shares series A—
Fund
Axe-Houghton
Inc
9%
1
Axe-Houghton Fund B—
8.12
%<
■.
-
Drug
-4%
'
1
v-
'
48.37
§3.73
4.11
1%S May
shares..
§4.12
4.54
1%S Jan.
I, 1950-1948—
1, 1952-1950
1, 1953-1951.
————
83.55
3.92
2%» Feb.
1,
shares-
84.48
4.94
,
'( .4%
3%
~
Equipment
shares—
Industries
Metals
Non-Ferrous
X94.46
98.40
Paper shares
Petroleum shares
20.01
21.63
Steel
"<
5
Boston Fund Inc.
._10O
8.85
8.86
0
17.20
18.59
shares
1
Bullock Fund Ltd
X18.58
4.00
lnv Fund Ltd-——1
Canadian
Christiana
100
1
140
6.01
———1
15.80
1.52
Fund.—— .1
-1
Stock Fuhd—
25.04
16.33
17.46
Fidelity Fund Inc
—
Financial Industrial Fund Inc lo
25.82
27.91
1.98
2.16
-—250
Shares..—
Dividend
13.62
Invest Fund Inc
10
14.94
Preferred
10
Corp.
Boston
First
8.67
6.01
»
45.27
5.46
5.86
Corp
—
7.49
8.73
Electrical
6.56
7.89
10.96
12.01
-
6.72
stock
9.05
——
7.11
—
8.03
Mining shares,.—————.
5.76
6.25
shares.———
Bond
shares
—
8.85
9.59
2.54
<2.77
4.77
548
shares..
Merchandise
Petroleum
Railroad
RR Equipment
Railroad stock
shares—
—
shares
5.42
—
Howe Plan Fund Inc.
—
Bid
Ask
Bid
Ask
6-
1-48
bl.35
1.20%
1.55%
2-
2-48
11- 1-48
bl.GO
1.45%
7-
1-48
bl.40
1.25%
1.55%
3-
1-48
12-
bl.65
1.50%-
10.67
11.32
1.20%
11-
8-
2-48
bl.45
1.30%
1.55%
4-
1-48
bl.65
1.50%
11.42
12.52
1.25%
12-
1-47
9-
1-48
bl.50
1.35%
1.45%
5-
1-48
10-
1-48
bi -55
1.40%
11.15
12.22
1.35%
1-
2-48
10-
1-48
bl.55
1.40%
1.55%
5-
1-48
2-
1-49
bl.65
1.50%'
Industry.
13.53
14.83
equipment-
8.70
9.53
10.30
11.29
11.95
13.10
10.54
prefeired stock
stock—
Insurance Group shares——.
99C
Stock and Bond Group
14.29
7.32
14.97
(Medium
B-4
K-2
8-i
Bds)
Bonds
26.85
51.40
—
*
...
Street
10c
Investment
Corp.*
Trusteed Industry Share*Union Bond Fund series "
Series
-
25c
-Series >: C—
Preferred
Stock
Fund
Investing Corp
26.52
Whitehall
I
22.64
29.93
Fund
Inc
—1
Diversified
Series
Trustee
5.19
5.67
1
5.69
6.24
Insurance
Aetna Casual A Surety-
..10
Aetna
Life.
1
Par
84
Home
47
Insur Co
51%
Jersey Insurance of N Y—_20
21%
Prior
40
Casualty
American
18
19%
Merchant
Fidelity & Casualty.5
American
of
Newark
American
112
92
95
Kines
Chase National Bank
36%
38%
A
41%
10.18
19.11
16.25
17.47
National
19%
21%
National Fire
60%
34%
63
National
37%"
7
78
83
74
Connecticut
General
Continental
H
191% >
Life
10
Casualty
•
10
Cuun A Forster Inc
21
53%
29
31
•
)0
Federal
10
Fidelity A Deposit of Md
20
Assn
of
Phila
10
Fireman's Fd of San Fran—10
Firemen's
Franklin
of
Newark
29%
.
£
52
a
6%
7%
21%
44
5
5
American—
Hanover
Fire.
100 1,270
Par
Inc—I
(J P) & Co
288
46 *
72
'
Jity Bank.
52
„ioo
231
49%
12%
54
237
-
413e
43%
York Trust—
—25
Public Nat'l Bank A Trust_17%
90
93
Sterling
"10
-
New
1,330
United
(Texas)
(Paul)
Ask
Bid
96%
National
States
40
25
12
Trust
%
42%
78
9%
10%
540
100
101V8
101%
.1068
100%
101
.1967
96%
Stocks—
97%
3l/4S. .1073
Nat
Gas
23/4S
Delaware Pow & Lt 3VsS
.1977
4%%
570
.
Georgia
Power &
Power
&
96%
Lt 33/8S_..1977
102%
Utilities
Louisiana
PoW
3s
&
98
101%
101%
3%s
.1978
102%
41%
12%
44%
Pacific Pwr A Light 3%s
Potomac Edison 3%S—
.1977
14%
Power
Fire
3s
.1978
Service
103%
3.70%
preferred
Pitney Bowes 4%%
Public Service
.1978
101%
102%
108%
52%
5
4%
104%
104%
&
Toledo
West
5
32
Co
27/aS
Edison
Perm
-1973
4%
lo
10
101%
101%
103%
97%f
99%
104%
105%
100
89%
92%
50
51
54
100
pfd
77
*
Service
Mexico_7
Solvay-Amer Corp 4%
pfd—100
I
—•
100%
99%
Speer
Tennessee
Carbon
;
Co
Gas
Transmsn
80
14%
k—
15%
....
12%
13%
Co.—
'
3s
—,
-1978
102
Par.
103;
Bid
4%%
Ask
TeXas
j
preferred—i
conv.
preferred
100
100%
27/aS—...1977
Allegheny-Ludlum Steel-—
5%
26
Co
Power
Stocks—
34
$4.50
2
xlOO
(Indiana)—
of- New
91
iq
pfd_10O
103
3:50%
—
Public
83
88
"
"
San Diego Gas & El 3s
.1978
S'western Bell Tel 3%s_—..1983
7%
49%
'
108
—
24%
102%
91
106
Okla
100%
iq.
84
90
England Gas A Elec—
4%% preferred
mo
Gas & El 5J/4 % pfd
100
Pennsylvania Electric—
99
28%
10
106
?,2
Kentucky Utilities 4%%
101%
Ohio
'
104
Monongahela Pow 4.80% pfd 100
101
Ohio Public
78
100
'
.1977
35 %
6%
preferred
103%
3%s_..1978
Lt
28%
22%
Ask
New
Kentucky
33%
kq
Bid
Power—
Ind'polis Pow & Lt 5% pfd—100"
'
—
102%
-1978
Light 3s
Electric
Birmingham Elec $4.20 pfd—100
Florida Pow & Lt 4%% pfd_100
105
—
Par
Appalachian
97%
104
Firestone Tire A Rub 2%s—.1972
7%
__25
Accident
Eastern
Tucker
,_■»
American Cladmetals
1
103%
104%
1
1
•
v
West
%
$5
preferred-.
i
100
90
Transmission--•
13
Corp "A"
common—50c
———_1•
preferred
13%.
33i
1
Disinfecting
97i%
,
J3 :c
96'/2
■
"
3%
14 ,r
99
24
26%
SI Paul Fire A Marlne.~_-.12l6
Seaboard Surety
10
28 %
■
**.«.
'
Security
.
46
New
Haven
Springfield Fire
9
10
15
19
23
15
76
81
Travelers
29%
31
26%
28%
U S Fidelity
U S Fire
10
119%
123%
5
Hartford Steamboiler Inspect.10
-25
t
Title Guarantee & Trust
Swift
.
lo
com
37,
26%
12.50
Fire
Revere
17
1,550
28
<)4
14%
22%
Glens Falls Fire
Hartford
108%
13%
35
10
National Bank-
Consol
28%
_5
Indemnity Co
Republic
21
15%
10
Reinsurance Corp (N Y)
.55
105%
80
13 V2
Cudahy Packing 2%s
28%
,_5
—,
River
Preferred
1.63
5
General Reinsurance Corp.—.10
Gibraltar Fire A Marine—.10
Globe A Republic
Globe A Rutgers Fire
2nd preferred
26%
26%
60
5
Fire..
55%
77
Trust—_J10
A
2
Fire
Providence-Washington
1.57
533/4
50
-
Bank
5
Brunswick
Pacific
31%
16
Security Issues
47
Pacific
69%
55
Morgan
27%
rhoenix
Employees Group
Employers Reinsurance
...
1
National
Bonds—
14%
81
51%
—10
...
,
22%
6%
Northern
77
Trust
25
Fiduciary Trust
49
21%
44%
Northeastern
22'%
13%
47
a
New York Fire
10
279
.10
-
Cnuntv
46%.
10
New Hampshire
71
New
Trust
Irvine Trust
.—20
_20
Arkansas Pow A Lt 2%s__ .1977
26%
Casualty
7%
Guaranty
24
Federation
36
—.lo
10
f
Co__
42%
Ask
(Detroit)_10
Liberty
25
York
-15
Chemical Bank & Trust
-10
Commercial National Bank & I
Iowa
Casualty
2%
Fire
Bid
_^6
,
National Union Fire
New Amsterdam
North
of New
40%
3.58
5
Manufacturers..4
31%
Shippers
: :oo
1
100 1,500
170
43%
44%
200
29%
17%
29%
:
Camden
&
16%
10
Baltimore American
Boston
Merchants
Ask
160
100
Lawyers Trust
9.97
106%
5
Assur
lo
.—25
ifl
Surety
Automobile
Bankers
13%
Fire
2%
Reserve
American
12%
Bid
100
108
27%
10
preferred
Massachusetts Bonding
American
Trust.
National
Grace
100
102%
1
common
preferred
Convertible
Fulton
345
-10
Columbia Gas & Elec
12%
American Re-Insurance
330
Brooklyn Trust
5
of North America
11%
8
3Par
_100
26%
Bankers Trust
10
—
American Casualty—_.—B
Equitable
0.96%
Central Hanover Bank & Trust 20
56
20%
4
0.96%
fcl.00
1948-
Ask
24%
Companies
53
—10
bl.00
1948
2.90
Ask
Maryland
American Alliance
American Automobile
0,06%
_9.00
First
49%
.
25
———
0.06%
bl.00
22.35
2.84
81
10
Agricultural
bl.00
1948-
City Banks & Trust Cos.
Bid
Manhattan Co—10
Bank of New York-
•
44%
10
0.96%
1948-
8.23
2.51
Series 1956—
Aetna Insurance
bl.00
22,
29,
20.45
•
Stk)—1
Bid
0.96%
15. 1948-
Empire Trust
Amer Trust Sharea—
Series 1955—
Par
12,
Bank of the
7.95
North
Fund
5.
Par
19.70
6.91
Independence Trust Shares
Knickerbocker
Aug.
94c
3.50
14.67
Great
84C
Share#—
E
16.18
com
0.96%
0.96%
bl.00
Continental Bank A Trust
ilo
Corn Exchange Bank A Trust-20
13.44
Priced
bl.00
New York
Unit Type Trusts-
14.82
(Low
1948
Trust
24.70
27.44
8-4
24,
52.00
10.41
Stocks)
0.96%
85c
49.00
17.51
,_i
1
Fire
77c
18.77
18.74
com
0.95%
bl.00
1948
3.
Ask
.
bl.00
1948_.
7.20
6.58
6.31
Union Common Stock Fund B_1
B-3 (Appreciation com Stks)_l
City
,
18.02
38,94
0.54
(Income
0.95%
1948
1948.
bl.00
17,
Aug.
21.64
B
17.21
17.17
8-2
bl.00
10,
June
8,
12.60
Inc
24.31
1
(Appreciation pfd 8tks)_l
(Quality common Stks)_l
1948
July
July.
July
-July
51.40
11.64
—_1
Wellington Fund.
1
0.93%
28.88
Berg Fund Inc
27.66
1
1
July 1.
b0.99
3.63
Fund.
Invest Fund
Wall Street
(Speculative Bonds)
(income pfd Stocks)
K-l
Grade
Priced
Bid
b0.99
16.74
State
Keystone Custodian Funds—
(Low
1- 3-49
Treasury Bills
June
9.64
3.31
Union
B-3
May 20, 1948
May 27, 1948
10.55
15.57
(Geo)
Fund
15.31
B-2
1-48
Ask
June
8.80
Selected Amer Shares—**—*3 %
Sovereign Investors
—I
8.02
Bonds)—1
Bid
25
Russell
15.66
Investment Trust of Boston—
Due
Scudder, Stevens & Clark
30.36
(Investment
8.73
9.63
—„
Republic
1.10
27.93
B-l
7.27
7.97
United States
7.01
Putnam
10.46
shares
Management Fund—I
6.40
.
...
Dated
Rate
13.26
85c
Investment Co of America—-10
Investors
12.10
iwinji.Hii MS
1-48
20.44
6.63
Utility
Due
10.14
18.(?5
Fundi
Coast Invest
Dated
Rate
11.55
9.25
Netroleum & Trading.
1.78
9.54
10.81
June
26.28
77C
Federal Intermediate Credit Bank Debentures
7.36
1-47
Standard Utilities
—
.0376
2-47
Steel
8.01
Institutional Securities Ltd—
Aviation Group shares
—,
Bank Group
shares
.0332
100.0202
9-
Tobacco
1.74
—8
100.0K5
1949
10-
Railroad
24.31
Income Foundation Fund—-10c
Incorporated Investors
1949
1,
1.15%
Railroad oq"ipm»Tit
5.77
4.64
—
shades
Utility
1,
Apr.
1.15%
Public
4.32
5.31
shares.
Tobacco
Mar.
U%s
.0292
12.49
Pacific
5.89
3.97
Steel shares.^—u.
11V8s
.0060
.0251
100.0150
10.39
Metals
6.11
5.63
—
.0059
.0017
99.9904
100.0126
1949
1,
Merchandising
8.71
-
99.9960
99.9961
Feb.
Machinery
7.71
shares
Price
11 'as
9.48
Insurance
9.82
Low
.0193
Bid
11.38
10,13
-
Ask
100.0048
Indebtedness—
.0014
8.83
9.86
—..
Diversified
8.61
—
Ask
.0061
99.9901
4.34
8.06
Electrical
8.56
Investing
Bid
99.9962
Diversified Investment Fund-
8.50
9.65
of
0!
July 1, 1948 Series H
1, 1948 Seris J
tls Oct 1, 1948 Series K
tl'/es Jan. 1, 1949
Oct.
Corporate bond series.
5.95
7,94
shares——-
Industrial Machinery shares-.
•Institutional bond shares
tls
Diversified
7.12
7.84
shares
Administered
Fully
General bond
,
.0241
16.53
Bank
12.04
5.48
—
100.0120
4.56
15.41
Agriculture
9.46
11.01
Equipment
shares
—1%%
Indebtedness—
t%s
Certmcaics
7.61
3.97
Aviation
6.69
Building shares
...——
Chemical shares——
Food
6.96
4.17
Automobile
6.98
6,16
' .0012
New York Stocks Inc—
8.12
6.43
—.
Aviation shares
121%
6.21
Chemical
6hares
Automobile
.1637
99:9899
V/»b June 1, 1948
t%S July 1, 1948 Series F
t'/as July 1, 1948 Series G
3.97
5.68
Certificates
5.23
3.66
Building supply..
Group Securities—
Agricultural shares
j
4.79
—
i
J—
Series
New England Fund———1
48.68
1
Capital
General
General Investors Trust.
7.91
Selected Group Series
6.90
120
—1961
Maturity—
100.1536
1%
1, 1048
tJan. 1, 1949
7.32
7.24
1%%
1948
15,
*/' Ask
Bid
7.38
6.70
Stock Series—..
Industrial
16.54
Fundamental Trust shares A. .2
tOct.
Low Priced Com Stock Series.
6.31
15.09
Investors
tSept.
10.50
Series
Stock Series
32%
30%
-5
Inc— -2
Trust Fund
Fundamental
14.92
9.71
6.75
Series
Income
First Mutual
13.00
1
Series
Bond
Speculative
Balanced
1
Stock
Int. Rate
Maturity—
shares
Priced
Low
Eaton A Howard-
Canal 3s
Price
Dollar
Securities—
series—
Bond
1.67
100.2
Issuet
16.32
National Security fieri*#—
26.78
Fund
Delaware
29.50
12.60
Balanced
17.08
—
100.6
100
—
U. S. Certificates of indebtedness
8.32
27.29
1
National Investors Corp
145
6.53
Preferred
Commonwealth Invest...
7.59
1
-
Nation-Wlde
30.16
32.43
14.18
J3.34
Securities com—100 2,930
3,030
1949—
4.98
w—10e
Mutual
Century Shares Trust—.—...—•
Chemical, Fuhd—————1
Panama
100
S9.23
400.2
5.50
84.52
Mass Investors 2d Fund
Common
20.36
5,10
15,
Other
Inc—
Bond Fund
Manhattan
T%S Apr.
It Ask
P.id
:
1948
l%St Jan. 20. 1949
4.85
§4.40
t
Home Loan Banks—
i%s'Sept. 15,
100
97.24
98.24
100.22
4.29
§4.99
——
1955-1953
Federal
Ask
Bid
99.22
97.12
98.12
100.10
4.66
§3.89
———
—,
Bonds—
Bank
5.03
§4.56
§4.23
_—
Mass Investors Trust
1
Land
Federal
1%8 Oct.
Equipment
General
5%
i
102.15
47.40
Home Furnishings shares
—Ll
Beneficial Corp
■
Figures after decimal point represent one br mora, 32nd« of a point
100.11
shares
shares
,
Electrical
17.95
16.33
1
10%
8,78
Ask
Funds—
K;-» Automobile
4.35
3.97
Bid
Par
Ask
1%
Inc
Holding
Amerex
Bid
-
i
Obligations Of Government Agencies
Investing Companies
Par
Mutual Funds—
11 -
■
30% :
32%
.^L.10
& Marlne_.._10
Standard Accident
10
77 "
49
80
"
A Odd. lot .sale
51% "
"V
.26
included
28
44%
46%.
29%
■
...
31%
100
580
& Guaranty Co_2
50%
——..4
51%
595
v-
change.
dividend,
<
z
♦No
54%....,.
—.10
75
._2.50
34 *
35%
~
included In'yeaf s range).* b Big yield price,
range).,
hot
Ex-interest.
e
fFlat
n<Admitted to trading N. Y. Curb.
(trt) Unlisted isSue.
.
par. value,
divldcfid paid
79
Westchester Fire
(not
year's
Ex-stcck dividend.
52% ■-•H/;,
U S Guarantee
in
available.
flri
May 10.
'
,
.
W d Wheil
rCash
sales
delivered.
d f)eferred
to
listing
deliverjf.
on
(not included in year's range),
Wi Wheh issued,
x
default.. ,}These
are
sales (dot
Y. Stock Ex¬
N.
Ex-dividend,
y
tEx-stock
Ex-rights,
J
1
,
SValues
k Admitted
price,
"■
bonds
are
for the close
snbject-to all
on
Federal taxes.
Thursday May 13.
f
HEX..$40 cash
Friday*s pripes Were
>}•
Volume 167
Number 4699
-
THE
^ank-clearings this<v?feek> shoiy
with
a
year
based Upon
increase compared
an
Preliminary figures compiled by
ago.
COMMERCIAL
&
FINANCIAL
Complete and exact details for the week covered by
foregoing will appear in our issue of next week.
We cannot furnish thfem today,
telegraphic advices from the chief cities of
the
inasmuch
May 15, clearings from; all cities of the United States
able at time of going to press.
the last day of the week in all
from which it is possible to obtain weekly
clearings will
this center there is
5.8%,
Our
week in
same
1947.
comparative
for
summary
the
elaborate
At
week
follows:
In the
Per
i
Week Ended May 15
1948
New York_
1947
$6,811,483,093
636,272,138
638,349,708
Chicago
Philadelphia
922,000.000
Boston
I
Kansas City
St. Louis
257,394,149
.
—.
+
267,100,000
318,147,000
307,488,000
+
270,308,628
220,846,611
Cleveland™
302,452,927
Baltimore-
208,238,673
Boston
All
cities,
a
May 8—
_
,
,
+ 23.6
one day
719,713,151
'/'•
in¬
Reserve District the totals
cago
larger by 5.7%, in
18.9% and in the Min¬
are
the St. Louis Reserve District
by
neapolis Reserve District by 14.7%.
Reserve District the totals record
in the Dallas Reserve District of
an
In the Kansas City
expansion of 12.1%,
20.0%
and in the San
Francisco Reserve District of 24.3%.
''•*4
*
OF BANK
'
1
''
1
•
.
CLEARINGS
i
1947
$
12
Philadelphia
11
44
..'>
534,782,522
7,384,282,221
*'
489,268,627
"" 7,370,147,382
--
970,301,726
847,452,551
1
**
825,898,42a;
707,520,377
6
"
410,117,716
10
44
561,756,616
17
44
942,049,929
4
44
418,678.444
340,154,728
9th
8t.
Louis
Minneapolis
city
7
44
10
"
44
"
1,011,010,914
Total
743,115,194
112 cities
Outside N. T.
City
13,349.197,527
>
-
891,095,764
-
377,268,802
' :<S 296,639,857 '■&
•
261.766.737
lo
355,561.818
523,586,639
>
456,293,274
6
11th Dallas
$13,933,239,773 $13,392,578,832
an
16.7%, the Richmond Reserve District of 15.3%
and the Atlanta Reserve District of 7.3%.
In the Chi¬
;;
1948
12 cities
—
$13,213,526,622 $12,381,567,918
Thtal all cities for week—
(•*• V*
"
10th Kansas
2,327,859,055
District has to its credit
of
summary by Federal Reserve Districts,
1
12th San FranclfCO
cities, flveday*^
Total all
furnish
}-*•••'"'*"
Cleveland Reserve
crease
7th Chicago
+ 14.1
$10,826,774,152 $10,053,708,863
2,386,752,470
The
a
6th Atlanta
'
Ten Cities, five days--
•
4th Cleveland
5th Richmond
3.5
8tn
Other cities, five days^
'S.
New York-.
3rd
4.2
—
265,038,202
168,455,140
we
Federal ReserveDbuitu
1st
+ 22.4
—
Pittsburgh.
'»&'$•*:;
2d
7.9
+
York District (including this
city) the totals
gain of 0.2%, in the Boston Reserve District of
9.3% and in the Philadelphia Reserve District of 14.5%.
has to be estimated.
SUMMARY
1.2
—255,900,000
San Francisco
following
■].
\
Week Ended
+ 32.9
238,453,164
a
'■
.
0.3
—
442.494.945
•
•/'.
New
show
Accordingly, in the above
cases
cities
the
detailed
5.8
+
694,000.000
447,799,317
,
•
Cent
$7,208,261,320
the week
not avail¬
statement, however, which
present further beloW We are able to give the final
and complete results for the week
previous—the week
ended May 8.
For that week there was an 'increase of
5.9%, the aggregate of clearings for the whole country
having amounted to $13,849,197,527, against $13,081,793,050 in the same week in 1947.
Outside of this city there
was
an
increase of 13.4%, the bank
clearings at this
gain for the week ended Friday
a
the
as
are
we
Our preliminary totals stand at $13,933,239,773
against $13,392,578,832 for the
of
In
above those for the corresponding week last
having recorded a decrease of 0.3%.
We group
according to the Federal Reserve Districts in
they are located and from this it appears that in
which
ends, Saturday and the Saturday figures
year.
center
the
us,
th^ country, indicate that for the week? ended Saturday,
be 4.0%
CHRONICLE
*
>
407,179,360
<
597,872,409
218.199.464
•
'
13,081,793,050
6,721,096,397
5,929,231,617
Our usual monthly detailed statement of transactions
the New York Stock Exchange is appended.
The
on
results for
April and the four months of 1948 and 1947
follow:
Description
-
Month of April
Stocks—
Number
of
1948
Four Months
1947
1948
shs.
34,612,565
20,619,550
Railroad & misc.
$106,222,700
$74,884,500
1947
94,624,032
87,271,130
$346,479,000
$336,792,600
Bonds—
Internat'l Bank
274,000
Foreign govt
U. S. government
Total
2,650.000
7,930,880
51,000
828,500
331,500
1,088,000
$114,478,580
bonds—
5.888.100
$81,601,100
$380,971,780
$362,660,400
31,510,880
»
24,779,800
The volume of transactions in share properties on the
New York Stock
Exchange for the four months of 19^5
following: ;
to 1948 is indicated in the
Months—
"
February
1948
1947
20,217,606
16,801,286
_*
January
23,556,803
51,510,197
38,995,195
23,757,877
34,092,745
32.612.5851
1946
1945
.
March
22,992,575
19,336,900
25,663,765
27,492,243
1st
60,011,467
66,651,580
111,266,707
99,100.023
34,612,565
20,619,550
31,426,715
28,270,442
Quarter
April
The
of bank clearings at leading cities for the
course
month
of April and the four months ended
with April
in each of the four years is shown below.
BANK
'U
(000,000
1947
$
$
.
York-
New
Boston
AT
LEADING
CITIES
Month Of April
1948
7.7
Chicago
CLEARINGS
,
omitted)
1943
$ :■
1948
$
$
31,843 28,077 31,079 23,957 124,384
3,135
2,896
2,575
2,232
12,727
„
2,029
1,902
1,765
1,558
7,817
Phila.
4,003
3,527
3,389
St.
___
IN
APRIL
Jan. 1 to April 30
1945
1947
1946
$
—
1945
$
$
118,345
122,337
104,827
11,529
10,008
8,988
7,389
6,972
6,270
2,838
15,626
14,350
12,825
11,399
1,166
1,001
895
783
4,744
4,100
3,451
3,163
Pittsburgh
1,233
1,100
1,042
1,117
5,008
4,363
4,094
Sap
1,707
1,557
1,408
1,204
6,874
6,310
5,688
v
5,081
Louis—
Fran._
4,442
Baltimore-
898
813
730
669
3,578
3,228
2,948
2,723
Cincinnati-
744
642
555
511
3,023
2,696
2,239
2,114.
1,353
1,344
1,186
949
840
5,493
4,799
3,886
1,200
959
946
5,369
4,623
3,755
3,782
1,052
892
702
594
4,350
3,699
3,123
2,408
514
479
436
351
1,991
1,918
1,712
1,532
1,654
1,411
1,126
1,511
6,566
5,569
4,666
6,096
479
430
358
309
1,991
1,830
1,491
1,356
1,276
Kans.
City
Cleveland
_
Minneapolis
New
Orl'ns
Detroit
Louisville
Omaha
_
.
3,497
485
463
360
298
2,034
1,875
1,487
Prbvidence-
110
102
90
75
454
424
367
Milwaukee-
245
217
184
149
1,014
896
753
642
Buffalo
'
347
327
261
280
1,432
1,292
1,043
1,110
Paul.—
327
284
242
196
1,415
1,227
953
815
427
387
332
254
1,699
1,544
1,299
1,043
St.
___
Denver
316
Indianapolis
208
190
151
135
873
787
620
496
463
380
320
1,978
1,881
1,558
1,374
366
311
269
191
1,520
1,400
1,056
1,672
1,472
1,543
covers
Memphis
.
_
Seattle —
507
409
361
416
Clearings, Total All
Months—
222
186
151
113
892
740
586
488
117
February
,102
86
71
427
390
334
281
March
57,011
50,554
50,835
41,918
225,258
208,876
200,723
177,924
Other cities
8,734
7,277
6,023
5,036 -34,027
23,849
Nl.Y.C. 33,901 29,753 25,779 22,997 134,900 119,445 102,235
Out.
93,888
i
all—
We
65,745 57,831
add
now
56,858 46,954
detailed
our
statement
Total 1st Quarter
Clearings at—
■
.,'V
•
'
.
1947
..
*
„
.
First Federal Reserve District—BeatenMe.—Bangor
Portland
Mass.—Boston—
::
+
6.3
54,218,083,234
+
6.1
62,909,609,060
+10.1
35,619,200,611
29,979,193,075
35,401,010,771
7.6
Total 4 Months
1947; ;
100,999,409,457
+13.7
33,901,302,872
193,540,489,466
179,958,670,829
57,831,648,499
259,285,706,725
237,790,319,328
Dec. %
+
+
9.0
i
'
v-v
•
134,900,712,329,
$
31,303,285,434
27,176,824,239
,
V
31,211,042,884
89,691,152,557
29,753,981,334
>119,445,133,891
each city for the month of April and the week ended May 8 for four years
-Week Ended May 8-
;--i Inc.
or
Dec. #
+
\
.
1948
:
or
62,830,978,535
65,745,217,259
April
showing the figures for
-Month of April-
Clearings Outside New York
—
Inc.
$
20,792
198,716
Total
X;
28,914
259,285 237,790 224,572
1947
66,770,393,413
57,626,012,785
69,244,078,268
January
Hartford
Tot; 27 cts,
1948
CLEARINGS
—
$
Salt Lake C
_
the clearings by months since Jan. 1, 1948 and 1947.
MONTHLY
821
1,979
following compilation
537
Richmond-
The
24.2
\
Fall Rivef™-
Holyoke
;
Lowell
New Bedford
,*
Springfield
Worcester--
;
i
__
?v
Conn.—Hartford
New Haven
Waterbury—
.
-
R. I.—Providence
N. H.—Manchester
Total
(11 cities)
—.
407,214,385
THE
COMMERCIAL
FINANCIAL
&
CHRONICLE
Monday, May 17, 1948
•Week Ended May 8-
Month of Aprll1947
Clearings at—
...
Dec. %
Federal Reserve District—New
Second
N. Y.-~-Albany——_
ainghamton——
■"
'
—
Eln^ra——-ii—
fampstown
New
A
—
York.—————3
Rochester.
—
-Syracuse
;
—_
——
—
Utica—
,
—
Conn,—Stamford—
N. J.—Montclair„
•?/"
Newark——
—
Northern N. J—.—.:
Oranges——
Total
—.
(14 cities)
Federal
Third
t
-
—.
Reserve
Pa.—Altoona
District—Philadelphia—
——.
—
Chester—
16,657,609
Lebanon
-
..
——-
Seranton
.
—
5
.
8,923 371
York
U
86,363 976
40,044,999
13.103.102
70,019,033
N. J.—Trenton—
|
Fourth
Federal
f
■
30 639.152
22,739,372
151,063,256
"
34.350,967
126,402,234
3,713,481,601
16,417,093.496
35,002,030
' 4,207,893,552
Total (16 cities)
6.093 0ft
1,569 659
4.953.988
5,805,971
-
„
Pet—Wilmington—: ! 35,378.105
51.643,315
9.474.351
1,234,790
■■
-
—
—
23.001)136
15,626.000,0C0
•■*■
' 18,673,880
V,
18.794.5C0
Bois
55,701,956
14,918.054
5,223,284
3,527,000,000
12,052,374
Wiikes-Barre——
Waf'eton—
19,304,763
87,861,913
3,842,739
5,868,817
4,003,000,000
•
12,825,284
33,299,612
-
-
*
" 19,466,505
17,459,014
4,614,504
19,900,995
13,858,371
4,057,779
—
NorrLstown
Philadelphia
Reading—-
Pu
,
5,106,185
Lancaster
:
5,090,647
3,543,498
•
22,087,130
-
-
'
4,521,848 '
-
.
———
Harrlsburg
;
5,284,701
-
—
,
Bethlehem
970,301.726
Reserve District—Cleveland—
30,451
Ohio—Canton
Cincinnati..
744,251
_
3,344,661
Cleveland
Columbus——^ 134,411
6,30'
Hamilton
Lorain..—
———
__
Mansfield
4,12(
a,
20,271
4.799,328
3.965,218
2,334,930
26,764
6,426,230
5,868,977
3,604,539
—
-
Youngstdwn——
—
Newark—w-—-—r-——'7
••.
18,78(
:" 06,76(
Toledo..,—
—————
Pa.—Beaver County—
1
,
2,534
-
,
nireensburg————;v •"■'"■'■ 1,711
Pittsburgh
—" 1,233,24£
-7
Brie—
218,318,139
239,814,085
'21,835
-
OU City-,————21,841
Ky.^LexIngton-.Ji:-l--i.'-i-«ii.*-,--' '"'•
15,452
W.iVa,—Wheeling^/-*—17,102
(17 cities)
Total
Fifth
Federal
Reserve
District—Richmond—
W. Va.—Huntington...
Richmond
v
,
——i.—1
B. C.—Charleston—
>
Columbia.
"Frederick
D.
6,230,000
67,781,471
12,712,249
2,393,689
*.
.
2,301,283
177,861,539
145^37*892
355,561,818
267,574,940
4,441.449
—
.
Sixth
(8 Cities)
Federal
■
—
—
'
—
.
"
——
Fla.—Jacksonville—.'.--.-—-—,
47,983.886
39,482,155
196,000,000
165,800,000
149,800.000
2,724,118
3,838,927
3,343,008
13,168,969
4.164,417
3.1)78*846
215501619
2,~103l646
319,527,951
75,297,674
69,525,296
65,830,119
50,722,946
343,207,178
84,345,786
70,337,196
66llT5l003
63,4341863
26,552,149
12,864,820
6,921,296
6,303,222
5,049,967
4,725,418
16,327,165
17,900,600
15,498,648:
15,837,912
/
,
22,997,871
,
/
.
-
15,038,000
27,148,862
33,848,310
;
5,294,066
v„
5.819,264
Ylcksburg-——1,520,916
1a.—New Orleans.-.-—------514,920,625
;' Meridian.—,
Total (16
Cities)--;—2,797,510,490
1,417,795
445,904
479,706,778
113,572,142
2,493,266,889
561,756,616
•-
5,694.404
22,692,130
1,411,087,273
5,569,235,174
15,827.906
-
59,012,830
39,197,519
150,882,664
/
93.318,274
23,587,782
V
9,569,750
4,294"25l
82,089,360
3,627,514
3,134,091
45,291,000
38r8T6~000
3lj2~l~00O
151,504.171
190,238,959
787,532,500
21,425,665
52,339.468
5,495,469
58,866,000
84,262,828
9,316,279
5,085.266
4,170,540
3,725,135
209.747.560
W
14,056,139
12,040,784
9,500,963
9,208,320
5976*5*2,661
497436462
41,119,054
38408~08»
891,095,764
740,805,129
644,073,54?
16,485,565
66.155.964
217,756,605
3,632,844
896.074,291
14,369,514
26.685,505
6,346.422
•
1,155,006
2,936,512
/ 5,071,358
&
12,384,668
14,815,818
61,732,862
115,571.626
i
6,037,560
4,6*84442
22.546.609
40,364,725
>
7,654,423
5444410
37,157.239
5,773,390
20,404,350
-
9,143,935
6,003,833
'
'
/•
10,799,285
24,007,773
:
6,058,003
463,945,716
52,454,591
1,640,511
4,865,493
221,929,279
6.889.809
<.;,
;
19,294,186
4,339,153
•
18,111,137
1,209,734
2,896,857,093
12,283,428
40,541,309
11,529,661,566
714.689,185
48,487.603
2,767,941
166,082,917
10,775,199
i/:?
72.909.474
5,269,778,699
5,284,445
52,829,386
20,735,990
:r\ 14,235,276
{ ; 1,356,263
5,848,122,584^
3,874,686
■> 5,822,649
.
20,982,426,996
942,049,929
Cifhth Federal Reserve District—St. LouisACo.—St.
Louis-——-'i._—.;: /■•■:•• 1,16
Cape Girardeau—
———_
Independence——-——
:—
—.—————
Total
(7 cities)
—
218,500,000
36,746,018
5,287,856
J
1,830.130,735
47
Ky;—Louisville.
Tenn.—Memphis——————-■'
Quincy.:
4,100.012,793
1
HI.—Jacksonville—v
1
1,400,515,163
; 36
•
.
'
„
i
2,03
11,190,910
58,343,255
872,300,000
393,115,411
25,285,401
Ala.—Birmingham—372,019,778
■Mobile—' I ■
31,264,090
Montgomery—
*'
;
/ 13,986,869
Miss.—Hattiesbufg—
—
14,776,000
.•
-Tampa—/ ;
11,038,819
260,517,375
18,045,194
AUgUSta—i——v——;
'
Jackson
43 913,084
14,311,133
61,359,998
68,890,401
295,618,988
975,000,000
•/Macon——-t——/' /"
,■■
71.615,978
1,658,347,332
District—Atlanta—
Nashville—
Columbus.——
3,889,786
,
286,611,486
1,827,051,655
———
Reserve
.
322,440,133
Tenn.—KnoxviHeV
da.—Atlanta.
23,052.936
813,464,653
,898,526,171
C.—Washington——
Total
-
10,163,000
99,409,021
31,281,619
i--———
1.511,210
10,514,537
44,537.000
463,564,685
——
Md.—Baltimore
2,597,448
11,211,229
48,580,000
496,393,682
14,177,372
,
—
Va.—Nort'olk—i.--——,—
/
4,907,457
28,788,068
7,406,388,090
448,678,444
Volume
•
;
167
Number 4699
;
,
i
-
Clearings at—
t
:.
1948
FINANCIAL
Ninth
Federal
$v"
District—Minneapolis—
Reserve
Minn.—Duluth
.
or
24.932,416
23,611,730
892,072,281
5,e37,00Q>
.
Paul
,
Inc.
*
or
:'
975,979
.'.•'v
...
.
..
25,751,132
5.6
95,556.796
4,350.081,133
3,699,918,988
+ 41.9
4,185,207
—
22.967,729
1,415,326,306
14,780,547
14,346,146
830,033
+ 17.6
3,747,887
+ 23.8
Falls
1945
8
104,381,551
;
94,091,070
+ 24.6
14,345,000
13,739,000
+
+ 16.1
16.799.410
14,545,301
12.309.679
+ 18.3
56,368.903
51,994,923
+ 25.5
101,154,872
19.609.531
■
2,600,778
t
.
+
5,588,885
47737,923
T1T0
124,815,854
59^646^064
43/739490
47oTo7832
9.8
11,861,731
10,320,192
37309,375
2/735^930
+ 17.5
8740M33.
.7T6~9M76
2423499
3^926~939
"+ 975
296,639,857
+ 21.7
,;:v:
+ 14.9
56,586,692
1,165,994
+ 12.2
4,892,488
46,505,166
39,302,424
133,345,526
4,188,678
1,327,039,375
+ 17.0
6,455,693,171
5,553,224,019
10,058,917
+ 10.2
+
1,552,883,561
153,335,057
"
3,697,830
"
37215,039
340,154,728
92,154,851
+ 14.4
33.531,069
.
(16 cities)
+11.2
8.4
+ 30.5
1,308,437 *
.
.+
11,615,536
'
11,085,089
"
+ 16.0
69r8~10~,2Q4
4,666,230
4.4
2,272,880
"
34,172,171
_
203,387,507
777633,071
4.8
+
+ 15.5
15,158,503
Falls
235,950,540
+ 10.9
3,441,000
...
Lewlstown
5,364,662
+ 10.2
3,757,745
24,610,700
.
Huron
Total
1946
3.0
+
3,400,121
•:
5,624,241
+ 15.3
4.286.000
„irl
Mont.—Billings—
Helena.
#5
May 8-
or
Dec. %
+ 40.5
I
14,559,770
:,...Tf,r.
'
Great
Inc.
$
+ 17.6
16,352,498
4,361.132
pnrks
Minot
S. D.—Aberdeen
Sioux
1947
4.1
+
1,227,216,199
20,804,002
*
91,802.936
0.3
+ 15.1
3,516,357
y-:-.hi'..:
D.—Fargo
firanri
1
Dec. %
+ 18.0
+
284,257.414
3.504.209
r
,
-
327,158.729
—
,Amlm
Fergus Falls
N.
-Week Ended
1947
; Ded. %
$
1,052,481,516
,
Rochester
Winnna
(2173)
'
i
Mmnpapnlis
St.
CHRONICLE
-Jan. 1 to April 30
Inc.
1947
?.
&
'
..."
<
COMMERCIAL
-Month of April-
1
*
THE
-
•
44,899,172
■
1.9
141,942,954
3?7~4~l7319
"+28.4
7
2,2677271
1,455,060
5,8657O61
4,385,989
231,943,714
183,330,237
+ 14.2
6.4
+
.+16,8
Tenth Federal Reserve District—Kansas City
Neb.—Fremont
2,411,682
:'j >___—_..
—-
'P-P;L '
Hastings
Lincoln
:
:
+
5.6
463,274,001
+
4.8
2,481,025
2,152,550
+ 15.3
1,133.839
+ 40.5
wichiti^riziz™z~~:
4,169.415
57!
-
-
Mo.—Joplin—
;
Carthage—
46,942.360
i—.
i
i
s
-
'
!•> Total
•
;>•
"J
"
-
J
-
Eleventh
-
•
"•
•
"
■
+ 24.7
427,548,701
+ 10.3
133,064,793
1,699,413,211
+ 26.7
>32,709,012
+ 13.4
10,485,705,881
!
2,281,760,854
27,385,765
19,199,465
12.045,205
1,035,308,647
798,917,471
89,475,799
70,955,879
107,954,016
99,849,03:5
23,791,000
19,383,000
:
EL. Paso
;
'
-
Worth
-
Galveston—
—
Houston
"
•
+ 26.U
376,773,127
+ 18.8
•
-«
4.7
cities)
(11
3,946,270
2,252,374,441
—
+
5,570,820
409,609,973
14,117,189
21,671,294
+ 10.7
297.851,347
-
~+~17.7
7+12.1
2,657.312,858
23,676,285
20,259,835
38,804,513
15,623,958
+
/
135,364,968
8,812,584,680
1.3
+
6,983,413,459
85,029,554
62,267,317
7,698,000
+ 11.1
29,814,000
+ 53.0
1,625,838,567
49,341,969
Beach
45,003,688
+ 10
+
4.2
6.6
+ 28,0
+
2.fr
7.6
10,567,455
6.0 •
T
3.0
41,404,614
38,557,259
+
9.7
6,874,489,408
6,310,609.303
+
182,026,088
171,339,737
"+"
+ 12.5
70,745,443
61,063,427
+
4.'4
139,555,698
125,971,646
v
3,453,084,531
2,902,930,998
65,745,217,259
'Aii/n'1
+ 19,0
57,831,648,499
33,901,302,872
list of corporate
a
stocks
common
called
under
The date indicates the
called
borcds, notes,
for
redemption,
sinking fund
redemption
provisions.
last date for mak¬
or
ing tenders, and the page number gives the location in
were
1
given in the "Chronicle."
NOTICE
OF
TENDER
Company and Issue—
Gas
657921,18*
337663,279
237822^535
^TTafri
STBTQ^I
^11^595434
"*+"To
i7767,872
TlTo
3l57l~8T684
series
C
Page
May 15
*
May 20
debentures
»'•
11,723,261,030
259,285,706,725
237,790,319,328
+
119,445,133,891
;r'
+ 13,9
•
•.
trust
3V2S, due 1965
Johnstown & Gloversville
RR.—
Philadelphia Transportation Co.—
^ Consol.
mortgage 3%-6% bonds,
\
2028
ENTIRE
4
due 2039.Jun 15
May 28
i
PARTIAL
2035
2035
Company and Issue—
8,640,206
3,676,207
+14.4
3.219.346
7,957,505
+
2.4
6,141,312
+ 17.6
743,115,194
9.0
13,849.197,527
+ 12.9
6,721,096,397
ISSUE
CALLED
Page
§2410
New
York
Gas
Purchase
Oak Mfg.
&
money
Co., 5%
Chto Power Co.,
Electric
••
.
Light,
Heat
St
4%
bonds, due 1949
convertible debentures, due 1955.
6%
1921
Co.—
Jun
1584
1921
~
>
,
collat. trust bonds, due
1st mtge.
1956
1, '49 1591
1849
May 17
May 17
Transfer
Properties,
1st
...Jun
1
1851
Jun
1
1st
Michigan Power Co.—
mortgage 3%s, due 1961
♦Announcement in this Issue.
:
tVol.
165.
HVol.
;
:
Tide
Water
IVol.
164.
166.
Co.,
5,095,080,711
Av
4,517,850,136
due
1
creased
4 r,'t>
preferred
Condition Statement of Member Banks
The condition statement of weekly reporting member
Federal Reserve System in leading cities
the following, principal changes for the week
ended May 5: Increases of $229,000,000 in holdings of
Treasury bills and $302,000,000 in demand deposits cred¬
Co.,
$142,000,000 in
$3.75
1st mortgage
3s,
--
-
Government
Demand
Commercial, industrial, and agricultural loans in¬
$18,000,000 in the Chicago District, $17,000,000
City and the San Francisco District,
and $46,000,000 at all
reporting member banks, and de¬
creased $1 1,000*000 id the St. Lbuis District.
'
Holdings of Treasury bills increased $122,000,000 in
•
t
1368
Philadelphia District.
-
1925
Of
indebtedness
United
-
1926
in New York
2035
ber
pfd. stock
July
1
1512
due
Jun
1
1965
Holdings of Treasury certificates
decreased
$69,000,000.
States Government bonds
1
May 28
deposits
Holdings
decreased
of
$54,000,000
City and $16,000,000 at all reporting
mem¬
banks, and increased $33,000,000 in the San Fran¬
cisco District and $25,000,000 in the Cleveland District.
was
deposits ii>*
credited to
do*
»
reporting
Inc. (+ > or *
Dec. (—> Sine®
May 5,
'
"
'-C-•p" ''
.*;•'
7.XS*2.
:
V
loans
•
to
brokers
chasing
or
U. S.
63,132
and
+
+
86
14,203
+
46
dealers
for
422
-
_
35
+
.
18
277
474
+
+
7
+
-
26.981
4,246
_
Federal Reserve Banks
12,511
P'PP,
deposits adjusted
banks
during
week
—
56
65
+
195
+
37
—
361
3,516
+
59
•
980
3
+
10
/
*
—
+
+
23
1,444
+
59
8,666
+
302
798
+
142
14,764
420
10
—
'
■■■'
—PPPxPPiP
:
i-..—-
_.
and
'i
—
16
deposits:
Foreign banks
Borrowings
demand
_
46,529
—
Time deposits, except Govt
U. S. Government deposits.——
demand
Vs
1,841
1,597
21
—
—
659
+
—
69
—
743
2,246
Liabilities—
t®
"60
+
229
+
i
2,441
:
with
interbank
12
849
+
—
11
—
2,448
3,770
Balances with domestic banks
Debits
80
261
'
y,m> —
of indebtedness-
Cash in vault
Domestic
24
—
P 5
25
197
3,573
securities
Interbank
t
—.
pPt./,
3,694
loans
banks:
bonds
Demand
7
404
Treasury notes
Reserve
2,252
+
pur-
Other loans
8.
3,323
+
v
Government obligations
Treasury bills '•
Treasury certificates
Other
:
>
carrying: (
Other loans for purchasing or
carrying:
U.. 8. Government obligations—
Other securities
U.
115
—
agricultural
Other securities
estate
1947
192
23,246
...
Commercial, industrial,. and
loans
■
May 7,
(In millions of dollars> *
•.
loans and. Investments—totalLoans—total
Apr. 28,
•p,t: I 1948
1948
'
New' York City, $51,000,000 in the Cleveland District,
$24,000,000 in the Chicago District, and $23*000,000 in the
stock.Jun
1958
States
$59,000,000.
Loans to
Jun"
.
United
District;
reporting member banks
:
Real
creased
Holdr
member banks follows;
banks of the
1924
...May27
-
at all
A summary of the assets and liabilities of
**•!'
1
V
1960
$44,000,000 in the Philadelphia
decrease
/
Sep>
Theatres, Inc.—
bonds, due 1958—
Inc.,
1807
2031
jun
r
Co.—
debentures,
Associated Oil
Wilson & Co.,
i
1
Ry.—
Fibre
net
2073
Wisconsin
Inc.—
(modified)
England
mortgage
'
Jun
1961
3%^. bonds, dated 1936
Sherwin-Wiliams
517,189,039
10,590.550,573
mestichanks increased in all districts.
1849
1849
each in New York
May IT
4s, series A, due
Blerritt-Chapman & Scott Corp.—
6
preferred stock, series A
15-year 4V*%
>*
t
Francisco Sugar Co.—
Poll-New
.
Depot Co., 1st mtge. 3%s, due 1965__Jun .1
Vulcanized
1,845,166
5,324,404
541,587.453
5,929,231,617
$142,000*,000,
demand deposits adjusted.
mortgage
6,211,271
:
'■
11,548,630,793
$2004
May 17
1920
Independent Telephone
mortgage 4Vas, series A
Minnesota
597,872,409
the
Jun
ited to domestic banks, and a decrease of
1958
8,965,733
13.081,793,050"
and increased
2031
Jun 15
due 2024
Pittsburgh Steel Co.—
*
*
1st mortgage bonds, 4Vz%
series, due 1950—.
1st mortgage bonds, series B,
4Vi%, due 1950
1st mortgage bonds, series C,
4Vz%, due 1950
1919
due
6.2
Demand deposits adjusted decreased
$104,000,000 in
New York City and $33,000,000 in. the
Chicago District*
112142
2028
Anytime
debenture bonds,
Oil Corp., 4V\% conv. pfd. stock
Jun 18
Inc., 15-year 5% debentures
i__May 28
5V2%
preferred stock
Jun^ 1
National
+
675T87626273~486,OQO
ings of "other securities" decreased $59,000,000.
Power Co.—
Page
Citizens
Merchants'
"
Holdings of Treasury notes increased $21,000,000*
.
Date
•
Date
.^Debentures
>7;-'
9,175,498
4,205,702
8,145,138
,
Shows
REDEMPTION
Anderson-Prichard
Co.,
575«4i9
,
331.T297549
2028
•
Electric
7
**" ^
y
394,*395,744
Appalachian Power Co., 6% debentures, ser. A, due 2024_july 1
Ashland Oil & Refining Co., 4lA% conv. preferred stock.Jun 11
Butte Electric & Power Co., 1st
mtge. 5s, due I951__Any time
Eastern Steamship Lines, Inc., $2 conv. preferred stock-July
1
Elk Horn Coal Corp., collat. trust
4s, due 1956—
Jun
1
Longwood Towers Co., preferred stock
Jun
1
Pittsburgh, Youngstown & Ashtabula Ry.—
20-year 6%
'
r,
Assets—
Jun
v
series A,
'$ 1st general mortgage bonds
Fort Street Union
\
1~452^22
■
i
Co.,
'
i704M82
•
134,900,712,329
Company and Issue—
Associates—
& Collat.
i, 1st mortgage 4s, series A, due 1991—
B/G Foods,
'
1M4M51'
+ 10.8
Standard Oil Co. of Kansas, preferred stock
Date
Inc.,
Fuel
&
mortgage
14.172,352
T+Tli
,.+ 15.9
•
13,786,955,504
+ 13.7
29,753,981,334
Notices
Hotel,
+56.1
40/281,906
-
.
Below will be found
Commodore
91,257,425
477857,116
6.2
15,536.347
32,758,577
17.475,709
Redemption Calls and Sinking Fund
which the details
2,729,525
142,409,626
8.9
9.6
:•
those
119,675,193
3,220.201
7.4
+
—
•
including
78,374,581
+14.6
6.6
+
.
34,214,450
preferred. and
+19.6
3,759,774
+ 10.5
42.205,384
—
*—
94,974,196
X I.X
+
129,241,
1,557,051,944
Stockton
v:
5/53o7ii6
+ 19.9
46,277,007
-
'
.
136,473,618
+ 20.5
1,707.560,393
Jose
New York
7li69^2^
/
: :
174,308,891
+ 18.7
142,784,836
10.254,162
.
.'/>• *Estimated.
67579*44
+20.0
+ 22.3
740,338,017
64,468,412
+
(184 cities)——
57m728
7^1515
113,623,842
4,307,389
+ 18.4
181,095,855
14,947,275
32,347,792
Grand Total
2,999,000
218,199,464
'
15,385.194
—
14T26"77627
-
,
.
27546498
7
98,951,655
34,792,149
(19 cities)
3,697,000
9.6
'+
36,795,857 '
892,313,712
274,526,358
118,601,491
+
38,539.020
28h
+
.
20,776,603
•
9.7,
+
53.937,302
Long
Santa Barbara
r
261,766,737
+ 52.7
9,445,252
186,616.114
21,910,751
sr—
;'7
■
+ 11.6
413,296,866
33,283,000
2,481,895,526
69,105,192
Francisco
17/Z0~2925
4,724,000
;
1+36.6
21,731,805
San
;
578^3,896'
+ 26.2
+ 44.1
23,360.535
San
3,134,886
109,05~l7o00
5.5
15,043,132
__
_
6,043,594
^049.222 :
+ 13.4
—
—
Pasadena
v
—274,094,895
13870867000
20/729,733
S>526,000
,*
+ 54.8
62,053,656
22,644.455
1st
r0~34~,7TO
7
+ 16.9
60,074,783
Modesto
;
I7l53,835
7,251,621
+29-.1
1,672,399,096
Berkeley
National
5,824,010
1757435",0Q0
.
25,775,571
+22.1
58,329,983
222,380,013
City
Riverside..
8,225,048
2087317/000
-+12.4
>
78,347,000
22,761,053
1,979,689,130
Calif.—Bakersfield
Iowa
'
315,509,281-
+ 26.5
360,807,511
<
<
0.9
10,361,443
1st
1^800,592
17606,385
+ 40.5
+ 23.9
—
Salt Lake
.si
1,8~68"971
1,757,285
y "+14I7
17890,630
+ 25.fr :
8.556,000
_
AriZ.—Phoenix
:
105,790.728
632,489,812
.
Portland
Chillis
6,370,638
Francisco-
5,641,692
>\
+10.3
467*179,360
3,445,202,237
v
+ 29.0
1,746,106,743
Ore.—Eugene
'
+ 24.3
153,458,229
+30.4
33,634,211
13,989.111
Fonda,
1837478,843
2,015,067
■
507.583.949
1st
6,278,721
201,026,190
-
+ 10.1
26,314,180
>16,475,590
+ 20.4
4,129,820,
Ida.—Boise..
>;
1,544,175,386
95,664,000
+ 48.8
*
;; Yakima
Eastern
10,018,883
+ 15,0
405,477,316
22.7
+
•
12,005,439
40,502,628
f.
Twelfth Federal Beserv® Dlttrlet—San
Outside
11,047,014
28,744,352
50,212,789
*
+ 18.2
Wash.—Bellingham
*
+ 14.1'
3,223,046,952
5,265,000
*
\
1
Total
2627568,"149
+ 19.6
-70,527,063
17,866.853
Texarkana
*
3,261,795
8,105,917'
+ 48.4
4,048,125,292
-•
671,719.468
La.—Shreveport
/
2987154,4~17
6,186,683
117,130.758
+ 69.4-
+ 29.6
876.241,486
Falls
-
+15.7
V
6,220,743
——
Arthur.
Seattle
4488407
+48.9
-
-
'
31,683,984
—
Dallas
Total
8,845,451
345,380,596
/s.-,
■
'
Wichita
13,171,015
5.8
.1.
1
68,280,617
""+14T
-
+ 14.5
9,224,503,923
•
-
6,351,250
—
170,429,010
7,400,093
512,642,439
—
2,587,975,574
-
Beaumont-
Port
194,377,180
77245",354
4.1-
+
-
Federal Reserv* District—Dallas—
Texas—Austin
Ft.
170,544,178
6.5
II
;
'
-
,.f
1.2
+
24.722,201
4,799,074,992
.
86,165,280
-
109,295,411
+ 23.2
104,037,515
9,359,121
*
(15 cities)
c
-
-i
,,
266,223
4,306,704
8.1
+ 37.3
-
;
+ 40.0
1,324,190
*
5
''it..'
113,731,561 /
209,377
4.955,055
+ 28.3
129.802,984
,
-
Pueblo
-
8.5
+
8,755,480
—
Okla.—Tulsa__^
•"'V-
+
279,337
449,194
+31.7
-*"+13.8
5,822,962
8,743,413
23,295,472
5,493,569.724
+ 59.4
+ 42.2
7,667,820
210,057,866
1.0
+ 14.0
+
414,617
498,967
4.7
;
'
,1,353,137,773
•
Colo.—Colorado Springs
-
+ 53.5
37,501,206
6,182,747
Kansas City
St. Josephs
Denver-
+10.8
..
660,755
+
4,888,004
6,273,458
105,334,707
'1
'
109,397,369
9,451,829
1,592,820
Parsons
:+ 29.1
1,875,066,372
114,523,060
2,034,812.653
~~
-
'
6,799,672
709,641
27,206.655
485.348,529
"
Kans.—Manhattan—1
V
8,780,384
28,726,245.
Omaha
.
+ 38.9
1,736.479
1,291
138
19
—
3
—
■
448
—
117
—
94
—
deposit accounts, except
U.
8.
Govt,
-
accounts,
;
21,075
i.
«
;
i
li
148
THE COMMERCIAL
(2174)
CHRONICLE
FINANCIAL
&
6',i
grouped in two separate tables. In the
first we bring together all the dividends announced the
current week. Then we follow with a second table in
which we show the dividends previously announced, but
Which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
tinder the company name in our "General Corporation
end Investment News Department" in the week when
Dividends
are
declared.
dividends announced
The
I
..
Company
Power
Abitibi
Essex
Mills.
Allied
Inc
6-: 1
7* 1
6^
1
Finance
-
/;
$3.75
preferred
American
American
Fork
American
Tiling
Encaustic
Machine
&
Co.
Co.
Hoe
4y*Vc
preferred
(quar.)
Anheuser-Busch,
Armour
s
Oil
Ashland
deposit receipts—;
Corp. (quar.i—
American
Associated
Tire 81 Rubber Co.
6-16
Harvester
5-17;
preferred
Corporation (quar.)
5%
Guantanamo
Halliburton
Sugar,
Quarterly
Quarterly
Quarterly
5-21
6- 1
,
5-28
5-20
Hathaway
convertible preferred
Avondale Mills
(monthly)
41'Ac
6-
5-20
Hendry
(quar.).
$1.65
—-—
Bank
5-19
6-
5-19
Honolulu
7-20
7-
Howe
7-
1
$1.75
6-10
$1.25
6-30
5-29
Co. (s-a.i
Ties, Inc.
1
5-15
(quar.i—12Vic
Body
Son.
&
——.—
(quar.i
National
Trust
$2 conv. preferred
5%
preferred
(quar.)
Birmingham Gas Co.—
$3.50 prior preferred
Mfg.
& Decker
pfd.
«•
$4.20
.
2
6-
1
.»■»
mm
in
I*
-m
—
(quar.)
6-11
6-11
i
5-20
1
5-20..
1
6-12.
68%c
555-
6-
$1,10
Bullock's,
6-
7
5-20
10c
6-30
6-15
'
I
50c
$1.75
(quar.).—.
Butterfly Hosiery, Ltd. (s-a)—
Forge Co., common
6-15
15c
&
Co, 414%
Cassldy's, Ltd., 7%
$-15
3 'A%
preferred
preferred
5%
(quar.)
City)
_
7- 2
7-
1
6-15
6-
1
5-20
725c
7-
2
5-28
7-
2
5-2$
7-
1
5-
pfd.
(quar.i
Surety & Insurance Corp. (Kansas
(quar.)******__,—:—*——
$1,12'/a
75c
(s-a)
Store Investment Corp. (irreg.)
"..
Corp.
k
_.._4
Chicago Rivet & Machine Co. (quar.).:
Chicago Rock Island & Pacific RR.—
preferred
series
A
(initial
arrears;',
•
(Subject to
SEC
5- 8
Confederation
8%
Amusements,
partic.
preferred
Lake
5-5
5-15
Le
Congoleum-Nairn," Inc.
Consolidated
5-13
Lee
5-24
Leslie
5-28
Lexington
6-30
6-10
10c
5-20
.5-10
$1
$2.50
7-
$5
25c
A
4-20
Los
6-1
5-1
Ludlow
'
6-14
■
5-li
1
5-11
7-1
6-11
6i-|5 I
5-25
Mallory
6-15
6-28
Marion
New
50c
■
12'Ac
7$3
$1.50
37'AC
6-1
8-2
•■'7»15
7-15
-
Co.—
6-27 *
-
30c
6-30
40C
75c
6-15
'
.6-1
$1.50
5-12
6-
Metal
6-15
6-1/
5-18
7
;
"
933Ac
6-" I
5-18
6-'l
5-18
•/
40C
6-10
5-27
50C /
6-25
6-11
Be-Walt; Inc. (quar.)
»>eep Rock Oil Corp. ftpmr.)—*:
..
Diamond
Portland
Dictaphone
.-4%
,
(quar.)
preferred
(Disney
C%
(Walti
50c
(quar.).
/
.
(s-ai
•<:
K
...
(quar.)
Cement (quar.)
convertible
preferred
preferred
6-
lC
6-15
6-
6-10
6-
1
6-
6-
-
2
1
(accum.»i.ii....
1
Lines
1
7-15
65C
6-15
6-
75C
7-
25c
6-15
35c
,
pfd. (accum.)
(quar.)
7Vc
6-10
25c
$1.75
6-10
,
4
2
Minnesota
5-21
Common
vr'I'7-
3 7'Ac
10-
1
$4
6-12
t,
1
-
37»/2C:
V 6-10
40c
;
Service
5-25
Brewery, Ltd.
7-
1
6-
6-10
P 5-21
15c
(quar.)___
(Initial)
6-15
5-24
7-
1
6-15
$1.75
7-
1
•
6-15
6-15
I 5-31
25c
7-2
6-10
(quar.)
25c
7- 2
-lC
'
47
7
6-
5
25c
6-10
25c
9-10
Ky.)
25c
12-10
—
7
12'/aC
6-
6-
5-21
1
7
;
6-1
6r30>;
7 $1.75
25c
97 Vac
(quar.)
(quar.i
(initial)
v
-
'
6-
•
.61.17-'
35C
6-10
$1.50
5-15
4.!
—
$1.25
.
U.
5-20
1
6-
17. .5-20
U.
50c
6-12
$1
——_.
30c
Corp
i-
6-15
5-25
;■
Corp.-Seagrams,
Ltd.""(quaf.)7.__.
Pepper Company.ll.-i—...
Beertrbecher
Mfg.
Co.
I
.1—11
(quar.)
.
15C
.
15c.
r
»•
;
&•« 1
6-10
5-20
9
5-29
(quar.)—,
*
Moore
*
*
Corporation. Ltd, common (quai\,)__„
49^ preferred
(quar;)_i——
7 #
preferred A (quqr,) _;
6-
——
Purez
Plastics
&
Chemicals, Inc.
(quar.>—4-
I* 20c
$75e
-t25c
6-25
7-- 2
*
46- 4
,7•
5-28
7-2
"
5-28
"
t$1.75
7-
t$L75
>•>7--2
2
r
5-28
"
*,6-15
6-25
';'Sf.%■ preferred
(quar.)
—
;
5-28
5-25
40c
6-
7
5-28
94c
6-20
6-10
8
5-15
(Detroit)—
■
6- 4
5-24
35c
6-15
5-29
15c
6-15
5-29
'$15c
7- 2
6-15
5-31
5-21
Co,
(quar.)
Ltd.—
(accum.)
67
6*
1
$20C
6-
1
5-15
5-17
5-10
Inc.
/
3c
1
(quar.)
.
Co.
(increased).
...
&
Co,
Corp,
Stove
Co.
preferred
$4.20
-
30c
5-25
645
$50C
_/ 4$50C
f : 25c
$1.75
$3.50
i
50c
75c
*
VirginlaA Bailway
Co.;
...
.
$1.75
z
(irreg.)
>
4
-'.,$2;
:50C
-
10c
-
.,5-20
7^ I
'/ 6-11
640
544
5-
6-30
?:}"
J-w-.'y,,
:
40c
;
'
(quar!!)
^62y?o';r:
V
€2'/aC
6-10
I
e- a
6-15
6-15
5-24
^
5-24
6-30
:;:jJoc,; i
class A_.
3
5-15
.-
6-10
J.
.*'*_T.„„I, / •: I,
Co
5-
/ 5-15
;.v
(irreg.)
Products■..-!_--**r
Pump
'
,|"6- 1*
5-15 i
'
'
Upson •"Company
5-28
5- 8
'*
5-31
6-10
750' •>
•
>6.-15
;':6-15
6^1{*:^48
r^oc'
•
6w it
'5-25
.,
5-31/ ' 5-15
•
.
:*w
pfd.
5-15
75c
;
;
;;;
2nd
i
6-10
$i.06»/4? 4
:
■
'
(quar.)
2
7" 2 : :
pfd. (accum.)
(quar,)...
common*.
Stores
1st
7-
5-15:
i
Co.—
6-15
■
25C
.
:
1
■t-i-:
0-15 ./
^5C
iisc
:
America..
Shuttle
6-
"
(quar.-)*/
;
(quar.)
Corp.
6-15
6-15.
50c
lquar.)____
(quar.u.
of
1
$1.75
*.
com.
5-1 ^
6-15
$i:35
(s-a)
pfd.
i
(The)
Inc,
pfd.
77
,
-
-
37 Mb© >
...
2nd
Works,
(quar.)
Co,
Rubber
St
5
40c
5-
5-28
non-cum.
/Walker
6-
6-5
I.I.I
ZZ'Z
1
-
5-20
6-15,
(quar.).
*
common
Gypsum Co., common
preferred (quar.)_
; .Viking
4
7
6-15
'
4:25c
6-1$
25c
Co,
preferred
Universal
1
Corp.
Fair
Elastic
United
■
6-17
7-
6-10:'
United
5-28
-
5-
6-23
'
Distilers
|>r.
545
'5-15
Works.
5-28
6-12.
.
i
S.
5-17
5-17
'
$2
preferred (accum.) J/**.***!/./***.*
Guarantee Co;.***.*.*/.**./.*......,;
S.
6-15
5-29
25c
87
v7
—
—....
See
Bobbin
77
v
7 5-20
6-
7
S.
77
5-20
6- r
$1.27'/a
U.
,'U. S,
1
v
Dyewood Corp, 77
United
,5-20
-
6-1
$1.37'/2
4
V '8-2® :
(quar.)
Carbon Co.
United
5-21
5-11
o-i5: ;
$1.50
....
Water
Biscuit
United
5-12
"
7- 1
■
United
~
6- 1
10c
(quar.)
•
1
f
1
£
10c
common
.United Amusements, Ltd, class
//Class B- -.-I***//,
6-21
.5-26
! 25c
>
6-
,
5-21
;
•6-30'
62'/2C
Jnc. ........-.*..,,*,.,L****/U.*_/*':
Underwood Corp.'
*
'-r ■
5-21
6-10
35c
:
"7* r
25c
(s-a).
;Uarco,
5-21
"77,15c:-
(quar.)
;
6-
$4
Ltd, common
partic. class A (quar.):
$4.25
<
4-29
1
6-10
45c
(quar.)
& Williams Steel
Forging Corp
Tyer Rubber Co, xommon—■
7-31
81'Ac
If 5-15
5-20
4:50c
'Transue
6-21
8-15
i
6-
5c
;
I; S-is
6-
12«/ac
com.
6- 1
49^ i
I V $60c V/;
preferred
60c
5-28
fe
97'Ac!
(s-a)
preferred
Iron
5-21
5-
6-15
...
.
Roofing
Toronto
5-24
-
$1.75
Tilo
5-25
■
6-l<f
3
5-15
37»/ac
(quar.)I
common
Co,
Thompson Products,
6-11
-M
7-12
1
6-
90c
6-10
8- 2
,
1
7-
(quar.). ' $1.31'A
6-10
7-
$1.50:
(quar.)
'
5-31
4:$1
(s-a>__
Co,
Oil
Power
The-Fair,
6-11
?
5-28
1st
6-15
4:75c*
......
preferred
Fuller
Haute
5-25*
$1.25
Ltd.....
A.)
1
6-15
(irreg.)
Furniture
(D.
5-20
$1
...
36'/<C
&
Baer
Terre
6.-26
6-301*
15c
(qliar.)
Public
Molson's
9-11
;; 7i5c I. 6-15
preferred
Missouri
4:$2
...
Telluride
'
-
5-15
^(s-a).
Kentucky (quar.)
Bros,
77
5-20
6-10
(quar.)*
Mining & Manufacturing—
(quar.)
1
A
participating preferred (quar.)..
Ray Drug. 67 preferred (quar.)i..
Telephone Bond & Share—
5-29
6-30
60c
)
(quar,)
6-
Sun
Vp; 6-21
*6-30 77
$1.05
52V2C
(quar.)
preferred
common
Electric,
Mfg.
of
Common
5-28
7-1
i
:
pfd.
1
—
Car .'(irreg.) LJ.7JJ7J777-!*—__
Airlines
35c
(year-end)
preferred
Storkline
6-26
62'/2c
common
Service
7-
$1.50
.2
common.
3.90'^
2
(quar.)
Stix
1 ;,7 6-18
$1
:
preferred
Thermit Corp,
6-
.
(increased)
7%
5-22
5c
Class
»
(quar.)—
Co,
5-20
6-14
4:25c
75c
(A.
t Extra
Inc.—
:
Co.
preferred
common
Products, Inc.
Stuart
*
1
I
I
Quarterly
6-16
v.
6-16
6-
$1.75
(quar.)
Ltd.
convertible
Standard Oil
6-10
6-30
75c
5-26
Ry,
...
(quar.).
Standard Accident Insurance Co.
5-20
12'Ac
(quar.)....:
5-20*
7- 1
Co.
Sports
5-20
6-
1
6-15
25c
(quar.(_.
Electric & Gas,
Stedman
—
55-
5-21
'
37»AC
1
6-
*
...
—
>-
6-
6-
5-15
25c
(Mass.)
E.)
6-15
f
$3
preferred" (quar.).
$3.75
5-27
.
6-
$1.25
J
%
Mills
8
6:30
Co.—
$ 1.50 "
prior preferred
Staley
"
25c
$1
6-15
RR.
'
Spartan
5-11
30c
Erie
1
35c
Sparks-Withington
5-25
1
6-
preferred
(quar.)
Southeastern Public Service.
5-20
6-
12'Ac
Minneapolis Gas Light Co. (Del.)—
6% preferred (quar.)_J
;
5%% preferred (quar.) ^*.4-7-.*/-^—:—.
$5.10 preferred f (quar.)-
5-18
/ 6-10
&
7cIc preferred
Michigan Public
Mid-Continental
6-18
-
•
5
6-15
$1.75
5-14
50c
57
5-10
37'Ac
6-
'■:
87'Ac
Co.._._.__.
Carolina
5*-20
1
$1.75
Metropolitan Edison Co,
5-22
"
(accura.)
St
Corp;,
'Meteor. Motor
5-13
1
6
15c
;f-
(quar.)..-.
Productions—
5-20
6-
■r:-7-
-y
50c
common....
convertible
15c
$2
Co.
Corp,
1
6-
40c
Company
Stores,
Textile
Metal
933Ac
Alkali
6-
$1
1
;
l
Ltd, common
(quar.)...:
Co,
South
6-26
25c
6-
5-11
5-22
Ltd...
Co.
City Gas &
67
quar.)
1
6-15
5
6-10
Co,
Lead
Mill
5-24
1
6-
6- 1
...
Oil
3.97
6-15
7-
5-17
(quar. )_.__.
common
Corp,
Soule
Co.—
participating preferred (qyar.)
'7 Participating;
(quar.)..
1
6-11
75c
-
7-
25c
$3.25
.
(quar.)
Diamond
C.)
preferred
6-30
A
Products
25c
^
Co..
(P. R.i
Mercantile
B
Floor
(R.
5-14
preferred
Delaware
5-31
(quar.)
5-
6-15
4
$1.12'A
(quar.).
Co
Oil
Joseph
Sioux
5-25
(s-at
Publications,
Power Shovel
$2.50
.
.
preferred
l>etroit Hillsdale & South Western RR.
Detroit Motrgage
& Realty
(quar.)
1
6-15
McCord. Corp, common < increased)
3^4%.
RR.
6-
30c
(initial)
Copper
6-28
45c
-
;
3% f/c
Brook
$1.50
(increased)
—_
(Chicago)
(quar.)..
Continental Casualty (Chicago)
(quar.)
Continental Oil Co. (Del;).......
Coronet Phosphate Co.—
Dayton Power & Light Co, common
Bound
(quar.)__.
pfd.
(quar.)
Transit
5
6-24
Marsha)l-Wells Co, common::
6Vc preferred
(quar.)
Maryland Casualty.. Co.*—
/ $2.10. prior preferred (s-a).
...!—
$1.05 convertible preferred (s-ai
Master Electric Co. (quar.)
Mathews Conveyor (quar.)
hJ'PPPv
6-15
50C
it
Company
5-
,
1
Inc.,'$4 pfd. (quar.)
(quar.)——
G,t,
5-15
7-
participating preferred
Magma
—
.
(quar.)
Assurance
Delaware
6-16
$1.37'/a
6-15
Joseph Water Co, 67 preferred (quar.) ;
$.1.50
Oil & Gas, 57
preferred (quar.).
21'AC
Shellmar Products/ Corp, common
(quar.)*
/
25c
*;
4% 7
preferred
(quar,):
593/«c
Shoe Corp of America, class A
: •;
25C
(quar.)
5-18
1
$1.50
Power
(initial
(R.
common
MacFadden
Quarterly
v;>
1
7-
6-25
6* £;
Seminole
Manufacturing & Sales—
6-
,37'Ac V 6"15
Paper
6-
Co. (quar.)
Water Co, 7fc
Angeles
6-1
37'Ac
8t
50c
$1.12'A
—
5-24
St.
5-18
Little Schuylkill Navigation RR. & Coal Co.—
Semi-annual
—'
6-15
1
$1.50
B
Continental
Co.
District
preferred
$1.25
Industries—
participating preferred class
1
preferred (quar.)
N. Y. (quar.)
Stores, Inc, common (quar.)
$1.50
(quar.)
Chemical
D.)
Salt
7r/c
Ltd.—
<quar.)_jL_
Consolidated
Water Power
(H.
Lincoln
'
*'■> Class
6-
——__^
preferred
preferred
Toumeau,
6^15
:
7-15
1
15c
Crown
Royalite
St.
6-15
25c
—
common
(B.)
Superior
Mahon
(s-a)
5-26
5-30
/
6-
Corp.—"*
Bottling
(Louisville,
(quar.)
;
57: preferred (quar.)___:
Royalties Management Corp.*-
7
5-17
10c
Corp
Common
7-19
6-15
Liberty Fabrics of
__v
6-
2
6-12
$1.12'A
Rubber Co.—
Kuppenheimer
6-11
approval!
Public Service (quar.)
r
Compo Shoe Machinery Corp. (quar.).!!
8-
Royal
6-15
5-29
5-12
&
Quarterly
5-20
,
6-21
%c
10c
(quar.)
(accum.) 1
B,)
5-22
5-18
Community
6-10
6-30
12'Ac
(quar.)
Bakeries—
Corp,
(I.
6-1
■*
'
5-28
6-
20c
Myers, $1.50 partic. pfd.
Rock of Ages
Corp. (quar.)
;j Quarterly
St
convertible
5{'/c
Kleinert
8
$2.50
s-a)—
City Auto Stamping Co. (increased i
City of New Castle Water, 6% pfd. (quar.)
City Water Co. of Chattanooga—
5%
preferred (quar.)
Commonwealth it Southern, $5 pfd, (accum.)
7
preferred
$6
King-Seeley
15c
Company
Chipman Knitting Mills. 5% preferred (s-a)
; 6%
preferred
(this payment clears all
v *
r 93
(increased)
7 5Vi % preferred
(quar.)
Keyes Fibre Co, 6';h prior
,
'
5%
-v
;
5-20
6-25
Mfg. Co.__i
Robbins
5-28
1
1- l"''
l,!;v
6-15
6-
'•4
Ranch
Risdon
6-.1
50c
Copper & Brass, 5'A7 pfd.
Reynolds (R. J.) Tobacco Co.—
f
3.607 'preferred (quar.)___
Rice
I
6-15
.
'
Revere
5-28
;
1
60c
...
preferred
Restaurant
25c
Chiksan
77-
—
——J.¬
(quar.);
Company, common
20c
-
(quar.).
(quar.).
common
Johnson
7-1
•
50c
Charis
—
Drug
2nd
•Chain
Co,
preferred
$4.50
6-19
4'/a%
—
Gamble
Steel
1
6-
50c
Co.. Ltd, 4%
convertible
5-20
6-
6-15
!,y 5Cc
Extra
J
67
10c
Kents
6-19,
5-22
Light,
"
1
6-15
10c
■
Corp.
preferred
6-
20c
Chemical—
&
Grain
1
—
62'Ac
America
&
5-31
50c
Hosiery Mills,
Republic
1
$1.75
6-2
7-1
7-1
preferred
6-
I
6-15
$4.50
6^t:
75c
Illinois
6-15
6-22
prior preferred (quar.).
preferred (quar.)
!_.
47
•
6-15
Kendall
$-19
58%c
1st issue pfd.
750c
',7- 1
(s-a)...
Packing
77
5-28
1
Tea
&
Silk
5Vc
6-15
I
33/4*A'
5-31.
,
,
(s-ai.
2nd Issue
Central
6-10
■
25c
(quar.i—.
common
Catawissa Railroad, 5%
Central
»:i2c
Ltd. (s-a) .,,
(quar.)
v $1.06 'A
t $1.75
(quar.)—<
preferred
Cascades Plywood Corp,
7-15
6-10
■}
Extra
425c
.v
5-24
'
Canadian Malartic Gold Mines,
Carman
6-12
7-
5-31
<
1
6-11
—
Co, common (quar.)
preferred
(quar.)
^-is
'
7-
7-
Jewel
5-10
—
Real
$1.50
6-15
B'
Rath
5-10
——
(s-a)
c»m,-
Bros.
Reliance
(accum.).
&
1
5-19
1
20C
5-27
50c
./V;
37yaC
'
Co.
1
737'/a C
Co,
Potash
6-
-
6-10
6-
30c
Materials
6-
75c
50c
$1.75
Development,
Procter
9-15
'
(quar.)
preferred
Plastic
5-19
1
$1.62'A
preferred
Katz
1
Class
Cigar Machinery-—
Paints, Ltd, 5% pfd.
Johnson
6-
6-
6-15
'6-15
Inc.—
(quar.)
Bessemer & Lake
of
1
50c
(quar.)
Paper
Placer
4
20c
Powders, Ltd.—
preferred (quar.)
5-20
7-
-
6-
$1.25
5-15
34a/8c
(quar.)
St Dominion
5-24
6-15
J37'/aC
(quar.)
6V2 '!i
■
1'
,4:20c
Sugar, Ltd. (quar.)
Canada Wire & Cable Co., Ltd.—
; ..Class A (quar.)..,.
t$l
——*1,
•BCanada
5-29
(quar.)—.—
1
6-
5-17
15C
(quar.)
6-15
4:35c
Camden
6-
•
5-31
$1.25
&
preferred
1
v-;
$5 preferred
(quar.i
Pittsburgh & Lake Erie RR. (irreg.)
Pittsburgh Plate Glass Co
Pittsburgh
Youngstown
&
Ashtabula
Co, 77 preferred (quar.)
Price
—
5-13
•6-. 2
-
2
5-25
7-
preferred A (quae.)..—
—"V xt$1.75
xl
preferred B (quar.).
X13,4 '/'n
5'/t preferred C (quar.i..
Xl%%
5//e> preferred D (quar.).^
I:". 50c
Jamaica Water Supply, common (quar.)___
$5 preferred (quar.)...
$1.25
I
25c
5-27
75*
5-31
$1.50
7
6-15
7
6-10
(quar.)
(Chas.)
710-
$1.25
.....
Pittsburgh Coke
5-28
t25c
(qtlar.)
——
5-11
1
(Canada)
preferred B (accum.)
7ft
preferred A (accum.)
Jahn & Oilier Engraving—
Jama-ica- Public Service, Ltd,
5
75-15
6-15
34%C
$3
-
6%: preferred
'
6-
(quar.) 5
Oy $50c
Transportation
Pittsburgh
5-20
8
4-20
7-1
common
Inc.
Parchment
3Va%:
Electric Light & Power—
6'U
v
5
5-12
50c
r
preferred
6-30
«-30
•
...
Inc.
(quar.).
Water Co./7% preferred
Iowa
$1.05
$1
i—*-
1
5-
5-10
40c
Corp, 4'/a7
Paul, Inc
Pfizer
•
5-28
0-
50c
Corp.
Bronze
International
6-
6-14
25c "
partic. preferred
class A (quar.)
participating
6</c
6-
30c
—
convertible
International
5?14
1
1
40c
25C
—
120c
Rayon
6-15
8-
87'Ac
(quar.)..
quar.)
_____—
preferred A
50c V;
•
——
;—*
Budd Company :***—
5'A c/f
,
50c
*
5
'
u»
JBourjois, Inc., $2.75 preferred (quar. )___-__
Brooklyn Borough Gas. 4.405; pfd. (quar.)-,
6'/
preferred
Brown Rubber Co. (irreg.)/,
*_'_
Butler
57/
Industrial
5-15
1
6-
5-14
(quar.).
Indianapolis Water,
7-12
$1.50
(quar.)
Border City Mfg. Co,
8-
87 Vic
(quar.).
(quar.)
com.
preferred
Extra
*ruirn
**!
'
Hills Power
Ittack
—
—J.——
(quar.)
■'
50c
t
(quar.)———*.
•
Biack
6r
5-25
(quar.)
International
'.Birmingham Water Works, 6%>
3
6-15
$1.25
(quar.)
_*
6-
5-21
6-10
class A (accum. 1
Transit, 6% pfd. (quar.)..
Co.
convertible
$1.50
20c
6-10
(quar.)—.—
Paper Co.
Rapid
Sound
Common
Savings
&
Inc.
9-10
25c
5-15
1
(quar.)
(quar,)
Co.
$7 preferred
Peter
12-10
,
1
6-
S3
(Wis.)
Pennsylvania State Water
Imperial Varnish St Color Co, Ltd.—
6-10
1
Benson & Hedges,
Bird
1
7-
Beau Brummel
■
40c
preferred
9-20
12-20
37'AC
Battery Co,
6-
-
6-10
37'Ac
Inc,
(quar.)..
5'/2% pfd. (quar.)—
Co,
J.)
Dauch
&
12 Vic
(increased!
Association
{
Data via
Hinde
Hobbs
$t
America
of
6-15
$1.12'A
(quar.)
preferred
preferred
T/c
7-
(quar.).—
ttangor Hydro-Electric, common (quar.i
4%
(C.
(quar.)——
common
preferred
prior
4'/a#
5-15
8c
Monthly
B. V. D. Corporation,
6-
6-17
6-20
6-15
6-
*
Co,
Extra
5-20
1
7-1
.
40c <;/
(quar.)
Patterson-Sargent Co.
Pennsylvania 1 Engineering
Perfex
(quar.).—
(increased
Co.
Bakeries,
Hewitt-Robins,
8c
/
—
Chemical
Harshaw
1
$1.25
(quar.).—
6-
7-
5-31
15c
(s-a)__
(quar.)
Rust-Proof Co
Parmelee
5-20
50c
—
Co.
Power
Pictures,
Pen
Paterson
Co.—
Co.r_.r
Co, 7Vc
Hanley (James)
6-
40?
6-15
1
5-10
6-10
$3.50
quar.i/....
preferred
(quar.)
preferred
Parker
1
5-
37'Ac
40c
Common
;
Works—
Automotive Gear
(quar.).
-
Paper
7 ','c
(accum.).
Confection
Parker
5-19
5-15
37'Ac
Instrument
(increased
5-
1
6-
.
$1
Car
States
Co.
Par;1 mount
5-19
10c
...
Hammermill
Hammond
1
1
5-21
i>-i5
$1.15
Package Machinery
1
6-
10c-
preferred
$5
A
preferred
$2
1
6r
:
20c
Y.)
Well Cementing
Oil
6-
6-19
60c
(quar.)
1
6-
6-15
75c
50C
Co.
Cordage,
American
Ohio
5-18
6-19
$2.50
—
Co.
5-28
1
.5-29
Chicago & St. Louis RR.—
preferred A (accum.)
5 '/c
5-18
1
25C
(quar.).:
Co—
(increased quar.i.
Atlas
Corp.
6-
5-20
7-
:
50c
Pacific-American Investors,
$1.50
preference ..(quar.)
$1.50
1
y2c:',
5oc
preferred
Northern
6-24
'
6-15
6-
(quar.)
...
5-26
2
30c
(N.
5-17
$2.50
1
8-
Co.
Corp, common (quar.)
$2 convertible preferred (quar.)...
1
7-
6-15
York
North
5-15
75C
(quar.)
Indemnity
5-21
6-
1
6-30
6-30
Co,
Steel
Oak Mfg.
.'
Paper
6-
30c
6-
.
$1.06'A
Northern
30c
•
75c
6-15
Cotton-,
Niagara Lower Arch Bridge Co, Ltd.
Norfolk Southern Ry.
(quar.).
6-30
6-10
37'AC
American
25c
$1.12'A
__
—
holders option
Stores
—
(s-ai
non-cum.
(quar.i
Great
Atlantic Gulf & West Indies SS. Lines—
•
Ltd.
6-
1
.
5-14
;;
(quar.)...
07
1
6-10
7-22
135c
7-
12»/ac
67
1
/■/■•//$ 1:/;
_____
——
—
—
6-
6-15
12«/aC
(quar.)'.
(quar.)
Insurance, 11
Light (quar.)_.
Jersey Power & Light, 4'U pfd.
New
4
6-10
1
New Britain Gas
4
6-
$1
Inc, common
preferred (quar.)./.—_—
Grand
4-21
6-
6-15
4-30
7-
25c
(Oscari
Bedford
New
i—.——!.";
Great
(quar.)—.
preferred
6-12
6-15
1
12
common
preferred
Accident
Steam
Newburgh
New
(Utah)—
Extra
5%
211/lOc
6-12
6-22
Graflex,
1
6-10
——-
.
6-22
'
6-10
Spring
Products Corp
Atlanta Gas Light Co., common
A they
5-17
*
6-
5-15
;
Products,
&
Newberry (J. J.)
5-26
1
20C
(Optional dividend
series)
Cash or 44/1000 share common
; (quar.).
stock at
General
(quar.i
1
6-
preferred
$6
Gleaner
6-
6-
$1.25
$1.50
Hosiery Corp..
J.
Neilson (Wm.l, Ltd, 5% pfd. (initial)
Newark (Ohio,)
Telephone (quar.)
5-15
—.—
6-17
6-15
Nebel
6-15
$3
(quar.)
6-30
6-10
5-29
6-30
35c
preferred series A (quar.)
General Shareholdings Corp.—
6-30
/ 25c
—
5-28
31'Ac
;
(quar.)
5-29
7-23
5-13
25C
(quar.i.;
6-17
7$1
1
Life
Naumkeag
Transportation—
7-1
!;
6-
37'Ac
$4.25
1
Electrical
Associated
4'A%"
7-15* /
Common
,
Corp.
Corp.
6-30
V
Refining (quar.;..—
Iudustries, Ltd.—
&
:7
5-25
—
prior preferred
convertible
$6
i
(111.i
American
5-28
53 'Ac
53VsC
(quar.)
Co.
Co.
&
America
General
37'Ac
37'Ac
Inc.
Smelting
Apex
General
1
6-10
25c
Ltd.—..
Development,
Anglo-Newfoundland
1
6-
12'Ac
—-—*—-
Container
Gaylord
66-
0-15
97'Ac
97'Ac
.
Canada,
of
Co.
6-10
20c
common....
3.90% preferred ttjuar.i.
——
Aiierican Thread Co., 5# preferred (s-a.)*
Anderson-Prichard Oil, common (quar.) —
»•
7"
30c
,
6-30
6-11
Wood
convertible
5-14
1
Consolidated
Corp, (quar.)
Nashville, Tenn.
National Standard
1
$3
5-20
3
7-31
5Vc
Baltimore—
at
Foundation
1
750C
—
(quar.)
5-21<-
6-
12'Ac
(quar.)..-—
Foundry,
&
!,
6-
Munising
Holders
e-
44250/
National
When
Payable of Rec.
*:
20c
common
(quar,)__.
Cafeterias
Mfg.
Share
/: Extra-
5-20
6-11
$1.50
7-
25c
(quar.)—
A
6-15
x
50c
6-18
28c
B
6-15
933/4C
—
A——
(quar.)
Extra
i
5-25
5
5-20
(quar.i
(quar.i
First Security Corp. of Ogden
Class A
(s-a)
Class
B
(s-a),.7
6-
50c
(quar.)
Co.
Chicle
American
Shops
6-10
81'Ac
'
5-20
1
(quar.)
of America
Co.
Class
6-
1
6-
——
Class
6-30
40c
Mfg., common
(quar.)..—.
3(4'/'< convertible preferred (quar.i
Aluminum Co. of America, common (quar.i
Allis-Chalmers
6-14
5-25
6-11
50c
——-—■
—
1
6-11
7-
6-
50C
Co, $1.25 pfd. (quar.)
Mfg. (quar.)_..._
Tarrant
&
7-1
$1
$1.02'A
$1.06'A
preferred
Mullins
6-14
Co....—
Chemical
5%
6-19
$1.25
Extra
25c
7-1
777'7;'
Handley Hardware,
Morrison
5-29
6-30
'
25c
Farmer Candy
Electric
6-12
60c
•"/:
——
Corp.
Federal
737'/2C
—-
Brewing
Federal
762'Ac
—
Extra
Company (s-a)
(Thei ;—
Fanny
Holders
Payable of Rec.
7 Felt
prior preferred (quar.i
$1.50 preferred
(quar.).—.
Allied Laboratories. Inc. (quar.)
5-11
....
*
$2.50
common
preferred
(quar.)
—
preferred (quar.)——
Electrolux
Corp.
(interim)
Empire District Electric (quar.).
Enamel & Heating Products, Ltd...—
■
,
Natural Gas.
Paso
5-11
l ;
$1.06'A
iquar.).....
(quar.)
4.10'/c
Falstaff
When
Share
participating preferred
1
6-
37'Ac
(quar,)
common
6-
$1.75
——•!-
A'/.»'/c
this week are:.
Ltd.—
Co.,
Paper
&
El
Moore
$1.50
(quar.)
(quar,)..
Stores,
Bros.
4»/4%
'Fair
•
,
Edison
.
Per
Name of
preferred
preferred
7','c
:;!'.■ 7; Name of Company
Louis & Interurban Water Co.—
East St.
*
Per
Payable of Rec.
Share
Nameof Company
Holders
When
Per
'•
DIVIDENDS
Monday, May 17, 1948
-•
6-
6-30
6-10
4
'
'Volume 167
Number, 4699
-
THE
When
Per
*Name of Company
Walt
':
Disney.
tions
Share
Payable of Rec.
Ward
'
6Vo
.
50c
(quar.)—
common
6-15
;
Western
Utilities
*6-16
Barber
(W.
1
6-16
Barlow
&
1
5-21
6-
I
5-21
$1.20
7- X
6-16
.''1
Door
-
l
'
'
(quar.)
15C
5-
5-14
5-14
5-
20c
6-10
5-28
10c
6-
1
5-14
6-15
ik-a*.*
4Vi%
preferred
Belding
7 %■
Below
give the dividends announced in previous
paid. The list does not include divi¬
dends announced this week, these being given in the
preceding table.
we
Bell
4
Per
Share
,
Name of
»
Company
[>:■.
Acadia-Atlantic Sugar Refineries, Ltd.—
5%
preferred
™—
(quar.)
Class
A
partic.
preference
(quar.)
Acme
Steel
Adams
Ltd., SI preferred
(quar.)__
Co.
■
.
Mfg. Co. <quar.)___
,
Agnew-Surpass Shoe Stores, Ltd. (quar.)
Akron Canton & Youngstown RR..
"
American
Automobile
American
Beverage,
,20c
preferred
Co.
6-10
5-15
Bloch
Tobacco,
6-1
15c
6-15
4%%
5-15
1
5-15
6-
1
5-15
•4%
7-31
)?• 7-15
7%
guaranteed
(s-a)_
$3
35C
Borden
Company
5-17
Boston
$4.50
1
6-19
7-
1
6-19
6-
1
1
6-
7-
1
6-19
7-
1
6-19
4
...
87VaC
6-1
5-1*7
75c
6- 2
30c
5c
1
'•>.
Clorex
6-
15C
,( -•
1
,
Class
5-17
^>7-
20C
-
a: a
1
; 6-12
25c
6-14
$1.50
6-30
15c
6- 1
(quar.j
$2
6-
■
4%
5-14
5-11
4-30
50c
5-25
5-14
5-21
6-15
6-
6- 1
5-15
Bower Roller
$3
500
6-19
6-8 :
Columbian
6-1
5-20
Bowser,
30c
6-
5-20
Commercial
5-20
Brazilian Traction
5%
Ordinary
pfd. (accum.)
35c
$1.25
$1.75
"Class
6-11
5-20
™__:
$1.50
6-11
5-20
12 Vic
6-1
5-21
25c
7- 9
6-25
25c
6-15
American
Forging & Socket (quar.)-.—..
Fruit Growers, Inc. (quar.)
American Gas & Electric, com. (quar.)-:
$ Stock dividend (2/100ths shares of Atlan; *y";,tic
City Electric
common
!for
each
share held)
4V£c/e )preferred (quar.)™
American
.
6-15
6- 5
$60o
v..
33/i^
preferred
8-20
/
4-20
62 V2C
6-10
6-2
7-15
76-
7-
(quar.).
(initial
Co,
6-1
7- 1
6-
50c
6-1
$3.60
5-7
4
preferred
Bruck
(quar.)
90c
Silk
1
5-14
62V2c
6-1
5-7
75c
6-'l
5-7
Brunswick-Balke-Collender
75c
6-11
5-27*
Buck
5-14*
Buckeye Pipe Line Co
Buckeye Steel Castings,
(quar.)™
Leather-—
.
$5
preferred
7-31
American
Home
preferred
(quar.)
_
Products
(monthly).
American Insulator Corp. of Del.—
/ Convertible prior preferred
(s-a)
American Investment Co.
(111.)
(quar.)
American Metal Co., Ltd., common
f
6%
preferred
American
10c
75c
Co.—
6-
6-1
5-14
25c
.'
(quar.
Meter
6-15
30c
—
.; 6- 1
6-1
5-21
$1.50
;
6-
$1
American/Molasses'" Co
1,
12(20
,
25c
6-15
7-1
common
6-
10c
Paper Goods, 7% pfd. (quar.)
$1.75
preferred' (guar.) ———
$1.75
preferred (quar.)
,™—$1.75
American Potash & Chemical, class A (quar.)
37Vic
Class fi
Wuar.j,
37Vic
3 $4 preferred A (quar.)
$1
Aliferican Radiator & Standard Sanitary—
Common 4.
20c
6-15
American
.7%
7%
6-
Burlington
6-15
?
6-
1
4%
6- 1
-6-
6-24
__
..
7%
preferred
(quar.)
$1.75
:
American
Safety
Service
6-
1
<6-15
(s-a)™
preferred
prior preferred
prior, preferred
Andian
6- 1
6-
7
$1.50
Cotton
Common
Mills,
1
(quar.)
1
11-
5-26
6-30
9-30
-
Oil
$3
Co.,
$3 partic.
(quar.)____
Corp.
12-23
25c
pfd.
(quar.)__
6-
75c
6-
1
6-15
6-15
6- 1
Power
(quar.)
25c
..
Steel
Corp.-(quar.);
JL
50c
Armstrong Cork Co.,' common
—.
40c
$3.75 preferred (quar.)„_™.™™-^—<933,ic
$4 preferred
$1
AroJ Equipment, WaCc preferred (quar.)
56Vic
Art^oom Corp. iquar.)
25c
Assqciated^pry Goods Corp.;
.6^
(quar.)
com.
6- 1
-«.40c
.0- 1
$1.50
7^ 2nd preferred (quar.)$L75
Atchison Topeka & Santa Fe Ry
$1.50
Atlantic poast Line RR., com (quar.)
$1
Atlalntic Cpast Line Co. (Conn.)
$2'v
Atlantic Refining Co. .(quar.)
37VaO
Imperial Diesel Engine
Serial A preferred (quar.)
/,
Atlas
Powder
Atlas
Tack
Class
Aunor
:
56V4C
;y,
t
Gold
25c
25c
;
-
Avco
Manufacturing - Corp.. (irreg.)
Aron Allied Products (guar.)
" 25c,
„.
...
Baldwin
6%
(B.
—1,
T.), Inc. -(quar.)
Co.—
i
preferred
preferred
6%
;
6-14
*
1
6- 1
6-1
tialfour Building, Inc.
Baltimore
'
;
15c
6- 1
7%
'7%
■
i
*•<
7%
-
1
convertible preferred
7-15
5-29
5-14
'
v
-'•••*
>-
6-21
..
9-30
834c
7- 1
834C
,10- 1
9-14
8Vic
1-2-49
12-14
0
6- 8
■
•
.
(s-a)
Central
•
7-
1
1
Power
3.6%
6-
1
■t» 5-2®
:
.
Culver
1
5-
1
6-
1
1
7-31
7%
7-15
6-15
6-25
6-11
Trust,
6-
1
5-14
6-15.,
5-25
9-15
8-25
12-15
11-25
$30c
6-1
5-20
6-
1
5-20
7-15
6-17
$10c
6-io,;
50c
:-v
v,>:
:
6i-
1
preferred
50c
5-10
preferred
class
75C
55-
5-31
,
5-l4f
1
5-15
0-25
V-! 75c
•'
6-id
6-25
10c
6-10r
6-16
6-10
5-23
55-2Z
5-27
•,,$25c
6-
1
$$1.25
6-
1
;
common...
1
5-14
6-1
5-1®
6-
6-10
;
28VeC
.
preferred
Union
Gas
5%
pfd.
6-
1
5-
7
6-
1
5-
7
6-
1
5-14
25C
5-29
5-15
6-30
6-18
85c
6- 1
6-10
common—
'
•
•
Coal
8%
"
25C
'
&
6%
$1,75;
7%^ pfd. *(s-a)-—i—
(quar.*) i———;
$1.75
,
75C
$3
4
6-28
5-20
:
6-15
4
5-17
6-
1
15c
15c
$37 VaC
5-
1
C 5-
1
5-
4 6-21
6-
1
10-
<
1
5-14,
5-15
I 5-20
.
6-15
If
12-23.
6-.1
50c
1»
8,
7- 1
10-
,12-23
60c
1
8
5-28,
1
7-
$i.75i;;
35c
1
66-
!8c
-
5-
6<
35C
;■
5-10,
'i 6- 1
25C
(quay.)
6-23,
6-10
$17VaC;
$1.75
5-17,
6-30
>
.
5- 6
:* 6- 1.
■r
50c
;
8-16
"18-
5.
11- 3
11-15
5-14.
1
1
8-1®
'6-13
5-20
25c
6-25
6-1®
Houses,
Inc.
,
,r
62 Vac
(increased)
Extra
preferred
non-cum.
1
1
,6-1®
15c
5-15
25e
.5-28
$$4
6-15
5-31
6-15
5-31
Ltd.—-
5-13
5- 3
,
:
5-1$
1
$$1.25
(quar.)
Ltd.
6-
1
5-15
130C
5-21
4-3®
$12 VaC
(quar.)
(initial).
7-19
6-30
H
com.
preferred
6-
$$3
Co,
Ltd,
7-
15c
—
(increased)
L
$44c
(quar.)
7-15
6-aq
$25C,
$$1.25
8-1
-7- 9
Dominion
Malting Co, Ltd.
(quar.)
preferred (quar.)—
5%
•
——
.____
—
8- 1.
'
Dominion-Scottish Investments,
Si/;
6-
1
11- 5,
4
Common
5-21
$3.50
7,
1
6-
$1
Co. (quar.)
Oil Fields
(monthly)
Dominion & Anglo Investment Corp,
5-17
6-10
5-
7-
$1.75"
Mfg.
Dominiguez
"
r
5-28
75c
,
11-15
$1.75
<reduced)_
Dodge
5-10
1
6-18
10c
Corp.l__
.6-18
6-10
8-18j
9-17,
50c
(quar.)
common
1
6-
Bridge
7-
7-
K
6-26
Dairies,
;
(quar.).
1
9-
Dominion
—•
.
pfd.
5-13,
9-30
$1.25
-
5%
7-
75c
Dominion
500
:
5-^29
,
8,
6-14,
75c
6- 4
$1.12 »/a
5-
6-30
25c
5%
—-
2
$2
T Motor Car Co. (quar.)__
(Henry) & Sons (quar.)—
Dixie
Cup Co, common
(quar.)
Class A (quar.)
•
5%
(irreg.)-
5-13
6-
$$1.50
Diamond
6- 4
5-25
6-14
5-13
1
6-
6-14 •
7- 1
1
1
6-
50c
6-14
.
76-
$1
Disston
5-20
40C
1
40C
37 Vac
12VaC
$1.12%
5-17,
(quar.)
5-15
Co.—
5-21*
6-
$1.05
common
6-1
2%
9*
6-15
$1.75
preferred
Match,
1
10c
•'4-
?■
(s-a)
Yards
Electric
6-15
6-
90c
5-14
5-21''
*
30c
preferred
Stock
ISO
'
-
4
*6-10*
(quar.)
participating preferred (s-a)
Dobbs
—
"5-17
1
5-29
40c
(quar.)
(quar.)
(quar.)
(quar.).J
non-cum.
Diamond
15C
6-
4V2C
1'
5-28^
-
•
V
5>-11*
5-14
•_
6-15
90C
i
(N. Y.),
preferred
Derby
Products
Hill' RR.
5-14,
1
6-
25c
(quar.)..;.
Derby Oil Co. (Kansas) (increased)
Detroit-Michigan Stove
;
5%
non-cum.
preferred (quar.)
5-15
$1.25
(quar.)
prior
Hudson Co.
7%
3
5-31
75C
Si
Denver
3
27 V2C
Burlington & Quincy RR.-
5-28
v
"
(quar.).
(quar.)
preferred
7%
*
'
Chicago
1
29c
Common
Chestnut
6-
6-1®
1
'
Sugar Co.
7%
4-30
5-31
$38c
dividend)
Chapman Valve Mfg.,
6-15*
1
6-10
-7-
$4 5c
Corp.
Delaware
5-15
$50c
Atlantic
Dentists Supply
m
1
$142Vi
(quar.)
Champion Paper & Fibre, common
$4.50 preferred (quar.)
5-25^
25c
(s-a)
(Missouri) (irreg.)
Curtis Publishing Co, $4 prior pfd. (quar.)_
Cushman'3 Sons, Inc, 7% preferred (quar.).
Dahlstrom Metallic Door
(quar.)
Darlington Manufacturing
............
Davis Coal & Coke Co..^_...__.._._
...i
Davis Leather Co, Ltd, class A (quar.)....
Class B
(quar.)
Deere & Co., common (quar.)
....
7%
preferred (quar.)
6-30
$$1.75
$$1.50
(quar.).——
prior preference
5-2®
7-
25c
(quar.)
®
5-
1
6-15
$1.13
(quar.)...
t
6-111
5-
6-
9334c
preferred
-
1
5-20
25c
Curtis Mfg. Co.
5-
dividend)
Belt
7-
$1
:
(interim)...
7% preferred (quar.)
Cuban American Sugar
7% preferred (quar.)
Corp.—
(cash
5-20
50c
(quar.)__
4-2®
5-31
$1.12 Va
(quar.)
& Forster Securities Corp.—
6-
$1
(stock
4Vi%
Pass
$50c
(quar.)
Light & Power—
preferred
5-21
50c'
6%
Forster,
$20c
—-'
Common
Chain
Nest
&
6-15
Co
States Edison,
Inc
Century Ribbon Mills (quar.)
Century Electric Co.,
4-15
12c
500
(quar.)
5-28
$$1.25
Central
5-17
6- 1
$50c
Corp, common
preferred ' (quar.)
1
1
preferred
Ohio
5-15?
■i 5-14
iquar.).
Ccfrp,
preferred
Crum
5-28
$17Vic
®
/ 5-2®
1
5C
convertible
1
(quar.)
York
New
3.40%
Central
6-
1
(reduced)
7-
(increased quar.)
Service,
7-
6-
prefeTted
Crum
5-28
7-
5
,:i $50c
i
7-
M.)
preferred
2
$1
(accum.).
Cork-& Seajl: CQ.« Inc.', common_Cl_!.:
Cuban
(quar.)
Public
1
25c
(quar.).
class A (quar.)
Ltd,
Capital
Crows
Ltd.—
(quar.)
preferred (quar.)
5% preferred
5-11
6-15
25c
Cork International, class-A
$4.20
5-14
$25c
Illinois
4fc
i
Co.
8-
12VbC
Refrigeratfo*
$$1.12 Vi
Foundry,
1
'
5-21
1
6-
$15c
preferred
5-13
17 ViC
$2
Ltd.—
Lumber
6-
933/4C
Crown
12-31
:
(quar.)
Corp. (quar.)
4l/2%
—
4Va%
4-29
(accum.)
Ltd.
5-15
$1.25
(quar.)_______^._^_^^__™___.
Co, 33/4%
preferred (quar.)
Petroleum. Corp,.,
Crown
4-29
5-22
tl5c
Corp,
5-
6-1-
Crane
$4
5-22
Food
6-30
10-15
1-15-49
Co,
Inc.
Creole
1
$32V2c
$25c
$183/4C
(quar.)—
Investment
6-1
Cory; Corp.
^
5-15
$15C
(A.
6-10
$1.50
(quar.),™.™.
•'
6-15
—
preferred
Central
5-15
Porcelain Ateel Corp.—
convertible preferred (quar;)...
convertible preferred-(quaT.)
$50c
Common
5- 3
7-1
5(,o
.'$1.10
5-15
6-1
$1.50
4quar.)
Coro,
5-28
Alcohol, Ltd, class A__
International
Central
5-14
5-24:
.
Y, Inc, com.
Corp, ^qjomon
prior preferred - Qtqg
Crown
(quar.)
Co,
6-
+2c
$1.50
of
Corrugated Paper Box Co, Ltd,
5%
preferred (quar.)
;
5-21
—
5-14
$1.50
.
6-21
6-15
& Co. (quar.)
Products, Ltd, common «s-a).
57o preferred (s-a)——
Caterpillar Tractor (quar.)
Centraf*Arizona Light & Pov/er Co.—
,5-14
6- 1
40c
56V4C
Varnish, common
$50c
Catelli
5-10
5-15
$1.25
preference
$3
5-14
5-26
prior
;1 Extra
5-21
1
6-10
$25c
(quar.)
Castle
5-22
$1.50
•
6-15
6-
$32ViC
Paper
5-26
6-15
.6- 1
5-21
Cribben & Sexton Co.—*
B
Western
6-16
30c
(quar.)
(quar.)
loe
$25c
Machine
Ice
A
■4-Vi"Jo
5-15
6-1®
'
(quar.)
common
&
Copeland
5- 5
15c
Co, common
Carson, Pirie, Scott & Co.—
5-19
5-1$
6-25
;
Cooper-Bessemer
6- 2
$20c
(quar.)
preference
Certain-Teed
preferred (quar.).
;
;
50C
1.
Ltd, pfd. (quar.)—
Fairbanks-Morse, Ltd. (quar.)...
Carpenter
-
6%
,♦
6-1
6-16
Chemical Co,
Canadian
6-15 -^.5-21
20C
'
—.
5-18
1
10c
,
Land Co.
Common
Babbitt
5-31
6-
30c
$1.12 Va
Extra
5-19
6-
112Vic
25c *
■
5
5*1
(quar.)—
Canadian Tire
5-6
6-14
5-29
15c
Electric
5-
6-19
Quarterly
Quarterly
Quarterly
5-14
6- 2
6-10
t
50c
Mines, Ltd. (quar.)
Service, Ltd., class A
Autocar Co.> 5% series A'conv. pfd. (quar.)
.5% series B conv. preferred (quar.)
'5% conv. preferred C (quar.).
Automatic Canteen Co. of America (quar.).
Auto
.6- 1 •
6-30
50c
4quar.)'
5
A
Ltd,
5-14
6- 4
6-10
12 Vie
(quar.).
-
America, com.
Paint
Cooksville
5
(quar.)
Canadian Motor Lamp Co,
-5-14
6-1
5-21
50c
Stamping
Gas
Gin,
$3
5
5-
(quar.)
A
Canadian
Co.—
CO._.
Corp,
5-
1
5-
Industries, Ltd, com. ^(quar.)—
preferred
(quar.)
Canadian Ingersoll-Rand Co.
(quar.)
5-17
5-13
4
Mills, Ltd.—
Cook
.5- 4
6-
1
77a
5-20
6- 1
1st. preferred, (quar.)
Atlds
66-
Canadian
6-1
1
6-
Zellerbach
Class
6-1
,
6-
50C
ff
Co,
Crown
Canadian Industrial
5-31
5-1®
37V2C
(quar.)
Can
5-31
4-30
6-15
6-15
preferred
2
5-10
Armco
1
!
A_
Utilities
of
7
" 5-14
Arkansas-Missouri
Corp.
Overall,
Class
4-30
Co.
Natural
Crown
4Vi Vo
5-15
6- J
6- 1
6-15
5-15
6-
(quar.)
Co.
Textile
5-15
Canadian
5-10
50c
'5-2®
1
Paper Co
5-15
Canadian
5-20
Argus Corp., Ltd., .common (quar.)™.™.
$15o
; 4Vi% convertible preference (quar.)^
$$1.12Vi
Gas
5-
12-18
1
1
6-
5-17
1
Class
6-23
6-
25c
(quar.)
1
12-18
6-30
'45c
5-2®
5-14
preferred
1
6-23
12-23
3 3 ("be
5-21
1
6-15
6-
.Common
9-24
6-
5-2®
:
5-28
6-
,
$3
Argo
West
50c
$3.75
preferred - (quar.)
Continental-^Diamond Fibre
4
6-1
(quar.)
(quar.)
Ltd.
1
15c
6-
5-10
$1
Co.
.
t$l
(liquidating)
Safeway, Ltd, 4Vi7c pfd. (quar.)— $$142Va
Vinegars, Ltd..(quar.)
$15c
Canadian Breweries, Ltd.
(quar.)
$50c
Canadian Car & Foundry Co, Ltd.—
5-12
6- 1
$1
Farms
•
v
5-
$37ViC
North
*1-21
6%
Arden
5-14
1
6-1
87 VaC
(quar.)
Malting Co,
10-22
1-31-49
A
6-13
1
6-
River Power Co.—
Canada
7-23
$1
(quar.)
preferred (s-a)
6% preferred (s-a)
Archer-Daniels-Midland
—
Power
Canada
5-20
Common
,
(quar.)
Canadian Food Products, common
(quar.)
6-
Power
Canada
6-25
tl5c
—-
Mills
Canada
6-25
.
J15c
common
Electric
Canadian
—;
5-17
,
preferred
6-
50c
40c
4%
•w. $1
::i i5c
(quar.).
4^2 %
6-30
25c
Telephone Co.—
(quar;)
(quar.)
Mines, Ltd. (s-a)__
Continental
87 Vac
—
Products—
Cotton
Class
5-10
8- 2
$1.50
(quar.)-
A
5-27
37 VaC
—
Wyant & Cannon Foundry
Canada Cement Co, Ltd.—
$1.30 preference (quar.)
Canada Foundries & Forgings, Ltd.—
National
Arcade
,
30c
(quar.)
Bearer
| Class
Electric
6-21
7- 3
(quar.)
Corp., Ltd.—
(reduced)
Anglo-Canadian Telephone Co.—
-
.u,
$1.50
:—
5-15
Campbell
5-2$
7- 3
(s-a)
(quar.)
common
1.
1
N.
Container
.
75c
(quar.)
5-
7-1
$2.25
(s-al—_
Ampco Metal, 6% preferred
Anchor Post Products
prior
common—,
(quar.)^_.!.«! 75c
common
Brothers,
California
5-14
(qhar.)———,—53VeC^
preferred
Corp.
Butler
6-1
Steel Foundries————.. 50c
Thermos Ffottle Co.
-.i.r.,
Ainoskeag Co.,
y 6%
6%
?;■ 6&
5-31
7-1
5-28
American Tobacco JDo.
$4.50
—
50c
preferred
~
25c
$1,816
>
(participating)
American Smelting & Refining,
American
Corp,
6-11
50c
Continental
2nd
Cable
4
5-21
Co.—
■if Preferred
American
common
California
Razor
American
6-
5-25
37
Burton-Dixie
-
5-18
12 VaC
Burroughs1 Adding Machine '(quar.)
1
4-17
1
Concen¬
&
(quar.)—
(quar.)
preferred (quar.)
prefeared (quar.)...
3 Vz7e
1
6-
...
Mills
V
8-
5C
Sullivan Mining
llr
;
.preferred (s-a)™_
Consolidated Theaters, 50c class A
Consumers Glass, Ltd.
(quar.)
Consumers Power Co, common
$4.50 preferred (quar.)
I
$1.50
—
(quar.)
preferred
12- 6
6-15
Co,
5-17
45c
(quar.)
(quar.)
Ltd
&
6-15
$1.25
pfd.
Extra -7.
4
0» 6-
6-15
Hill
trating
Co.
Co
Fund,
Bunker
6-
20c
Machine
&
Forge
Bullock
6.-22
•
9-15
12-15
_——
.™™.
Die
Buffalo
5-20
7-3
.-
Buell
6'To
5-
12f 1
v
*
5%
1
6-15
20C
$5 preferred
1
:
.
(quar.)
&
Consolidated
6-21
.
30c-
(s-a)
Company,
6-
87Vac
class
Co.
Consolidated
5-21
$1.25
Co,
(quar.)
Oil
Budd
2
5-21
6-15
Creek
v1 -
(quar.)
Power
Consolidated
5-14
1
*
6%. convertible
*
<
(quar.).;
(initial)
Consolidated Laundries
7-15
6-15
6-
$30c
Mills, Ltd. (quar.)
Mfg. Co. (quar.).'.
Brunner
1
Corp.___^i
$5
5-15
6-
30c
(quar.)
2
•
$1.1834
American General Corp. $2 conv. pfd. (quar.)
$2.50 conv. pfd. (quar.)
7-
common • (quar.)
Shearing
Consolidated
37%6 :
V
quar.)
common
6-11
$3
Consolidated Edison
6-3
Shoe
6-11
1
v 6%
preferred, (quar.)
Consolidated Coppermines
3
preferred
6-11
1
•
(quar.)
Corp.
Carbon
Connecticut
1
7-2
6%
1
7-
B
Connecticut
5-17
(interim)
933iC
Brown
5-12
7-
7-
i::z
Co.
Broadcasting,
Coniaurum
5-25
:40c
(quar.)
$25c
Co, Ltd, com. (quar.)
3%% preferred (quar.).
i———t$i0.234375
Broadway Department Store, Inc.
I"!-,--
5-25
$7.50
common...-'
Cone Mills Corp.
4-20
5-20
•
$30O
British-American Oil
5-12
6-15
...
Brewing Corp of America
Bristol-Myers Co, common
5-1®
6-1®.
SI
Corp,
preferred
$5
>
Extra
'
™
-
4-0
6-2
$$1
Annual
1
1
6-10
Commonwealth
(s-a)
Brewers & Distillers of Vancouver Ltd.—
6- 5
6-
7-
35c
Colorado. Milling & Elevator (quar.)
Columbia
1
'
8
5- 5
20c
20c
:
(s-a)
Inc,
Central
1
5-
5-1®*
5-1®
25c
Fuel & Iron Corp.—
convertible
preferred
(quar.)
5-25
,
1
6-10
87 Vac
_________
(quar.).
$25o
preferred
6-
5-20
6-15
5-1®
6-
-
Colorado
160
5-31
6-1®
1
(quar.)
Co.
Stores,
60c
6-1
1
6-
.___.i__.__
preferred
5%
5-1,4
1
7-
50c
•
Aikman
&
Colonial
(quar.)
Bearing Co..—
$1.20 preferred (quar.)—.
Light & Power .Co, Ltd.—
5-13
$1.12 Va
(S-a)
(quar.)
Boston Woven Hose & Rubber, com. (quar.)
■'
G7c' preferred (s-a) —;-'
Inc,
6-1
$1.50
preferred
Collins
6-25
1
5-2T
5-2$
40c
common
Plow
Colorado
(s-a)
8-1$
RR.—
Colgate-Palmolive-Peet
5-17
•
5-l»
1
6-15
Semi-annual
5-31
.
1
6-15
,
(s-a)
A
$3.50
$1.06 >/«
(quar.)
International
Cockshutt
5-15
-
•
69-
.
$1.25
<quar.)___
Co.
Co,
A
Class
6-18
;
6-. :i;
5-l())
50c
(quar.)_
Corp.
Chemical
Coca-Cola
5-17
$1.50
...
,
pfd.
interest
,-6-
-
5-1®
1
$1.25
tquar.)
(quar.)
Pittsburgh
Coal
Coca-Cola
50c
1
Pacific Ry.
Industries, Inc.
Monthly
Monthly
5-10
7-
;
1
6-
Clinton
7-
50C
quar.)
&
Clinchfield
60c
(quar.)
preferred
Cleveland
5-19
$1.75
Fund
5c
™_
2
50c
Co, common
—
beneficial
of
5-7
——
6-
'
8-
Illuminating
guaranteed
50c
6r'c
Electric
1
;^.™—.....j
6- 5
50c
&
Bros.
Cleveland
66-
Associates
preferred
Units
5-21
5-31
§
6-
$1.25
common
preferred (quar.)
Clearing Machine Corp.
15c
(Sidney) & Co. (quar.)
Bond Investment Trust of America—;
5- 1
.
2
7-2®
$2
5%
5-31
7-
.
5- ?
6-
35c
q,
(quar.)
12 VaC
Bryson, Inc.—
(quar.)
Blaw-Knox
4Vic
pfd.
&
5-14
x.—
Hide
Sivalls
6-1
Business Shares (quar.) ™
American Chain & Cable Co., com. (quar.).
„
' 5% preferred (quar.)__
L
..1—-
conv.
Clark
5-17
$1.06%
(quar.)....—.
(quar.)_^__y.i_^—
a...
6-10
(quar.) —
(accum.)
prior'preferred (quar.)_
Box Board Co. (quar.)
American & Foreign Power, $7
$6
preferred
(accum.)
5-14
Equipment Co,
5-25
$1
common
1
$$1.50
Co.
70c
American
$3
Black-Clawson
i
....
Machine,
1
preferred
7-15
,
(quar.)
6-
4
6%
;
(quar.)
150c
—————
American
American
preferred
Binks Mfg. Co.
(s-a)
Milling
preferred
5-2(S.
5-2t
25c
Co.—
-6-
(quar.).
Cement
(initial
RR.
30c
5-
.
\
1
6-14
75C
4%* preferred
Cincinnati
6-
6"
$1
(quar.)
Inter-Terminal
Cincinnati New Orleans As Texas
6% preferred (quar.)
$$1.75
Co.
25c
,
"
1
$1
common
Black
6-
25C
Copper
Cincinnati
Carpet—
5-25
5-25
$25c
—
Insurance
6%
&
$1
,
;,6-15
Chile
"
5-15
Corp, common.
(quar.)
6$
5-10
7
5-14
1
(quar.)
preferred
Manufacturing
New
5-10
7
5-
/•<
:
Co.
1
Extra
Ltd,—
(increased)
Steel
preferred
0-15
1
5-
1
5
Oil
6-
(quar.)
25c
Aluminium, Ltd., new common (initial)
Amerex Holding Corp. (s-a)
American Airlines, 3Va% preferred (quar.)Co.
30c
$6
Bigelow-Sanford
.
,10- t,
6-
Cotton
50c
(quar.)
Limestone
4-30
6- 1
,
Chickasha
$37V20
(quar.)
common
Spinning
6-15
6-30
7
4%
Blumenthal
4% preferred (guar.)
Aluminum Industries, Inc
Arch
5-22
\
.
-
American
5-14
$2.50
(increased s-a)—
5% preferred (quar.)
Allied Stores Corp., 4% preferred (quar.)—
Alpha, Portland Cement
7Vo
6-10
1
6-12
.,
'•/. 5%'; preferred (s-a)
Allied Finance Co., com.
Co. of Canada,
7- 2
6-
Va';;'/ $1
20c
$13c
Fine
Bethlehem
Bibb
Ltd,
Co.
preferred
4';o
5-20
$25c
(s-a)_
(J. D.)
Aluminum
",
$50c
—
Acme Glove Works.
' .".'','6-15
5-12
5-
6-
v
(quar.)
Corp,
Bessemer
X ,V.,Ci-'V :.v
f$1.25
Gossett
Berkshire
Payable of Rec.
1
6-1
5-lfr
RR.—
1....
6-
6-15
1
;
$1.18%
Co.
Co, common
preferred (quar.)
&
Beneficial
Holderi
When
'
(quar.)
Howell
&
Vi%
Bell
„
:
Corticelll,
preferred
Bend
6-
50c
(quar.)
Manufacturing
South
6-
300;;,*"
A
Belden
weeks and not yet
"...
.........
Si Paper Co, Ltd.—
(quar.)
;
Beaunit
Mills, Inc.
(quar.)
Beck (A. S.)
Shoe Corp.
4
25C
—
Inc.
&
6-
25c
Shore
Holder0
Payable of JBeow
75c
Quarterly
Power
Class
(quar.).'
pfd.
conv.
Chicago Yellow Cab Co.__i_.__y_^__i._____
Chrysler Corporation
10C
(quar.J™
Refractories,
Bathurst
South
$3
15C
W,
(quar.)....,........;
Co.
5-31
,
Basic
'
5
A
Oil
Chicago
5-15
5-31
When
Share
Corporation,
25c
common..
:
class
1
Company
Chicago
15C
(quar.)
Extra
5-10
25C
i:;. ?
5-15
10C
Co.
Seelig Manufacturing,
Barnsdall
•
■U
H.)
Per
Name of
5-15
6-15
.«.•
6-
1
6-15
;
$25C
$12 VaC
1
$1.50
6-
15C
;
.
(2175) -4T
Holdere
Payable of Rec.
5C
Extra
7-
Corp.— ~ r;.r..
Steel
Co,
When
Share
.
Show, Inc., com. (quar.).
(quar.)...
of Canada, Ltd. (quar,)..
preferred
Barber-Ellis
7-
$ $1.25
Williams ((J;' B.) Co, $l preferred (quar.),
Willson Products, Inc. (quar.) _™_™r.__—..
Wurlitzer (Rudolph) Co. (irreg.)L——
-
Youngstown
Radio
15C
6%
convertible preferred (quar.)
Will & Baumer Candle>_c_iXi^.i—
I
.5-20
6-
Disinfecting Co., common (quar.)
preferred
(quar.)
—_-.™Texas Utilities,
$6 preferred (quar.)..
$5
of Company
$1.37 Va
Baking Co., common—
preferred <quar.)
West
5-20
6-15
Mills,
5 Va %
West
Name
Baltimore
V Extra
FINANCIAL, CHRONICLE
Per
(Walt) Produc1'":
'■' ■"/■> V/ ■'
•',
Wamsutta
&
Eolder»
Disney
See
COMMERCIAL
•
.
; 5%
preferred ~ (accum.)—
7-9
Ltd.—
—;
;—.
$$1.25
V6- 1
5-1?
$250
5-20
4-191
Dominion Steel A* Coal Corp, Ltd.—
•; A-Class
B
(special)
—
THE COMMERCIAL &
When
Per
Name of
Share
Company
Stores,
Common
t
v
8-
,
V
6-18
7-2
2
,
Name of
..
.
Company
Group Securities,
Agricultural
+ 7- 2
Brothers,
(quar.)
Holder«
Aviation
Company
preferred
5%
>
♦
•*, I
.
Share
_
js-a)
Cotton
Dow
Chemical
Co.,
$4
preferred
A
Co.
Drug
Dravo
4%
shares
Electrical
Equipment
Food
15c
Fully
(quar.)
(quar.)
Co.
(quar.j.
shares-
:
/ 2Cc
____
25c
t62*/4c
256
,
—
Investing
Low
Bond
shares-
Company
Priced
Duquesne Lighting, 5%
1st pfd, (quar.)
Eagle Picher Co.
(quar.)—
East Leduc Oil Co., Ltd.
(initial)
Eastern
Extra
4%
dividend
$1.25
—
shares...
45C
(quar.)
0%
1st
0%
1st preferred A (quar.)
preferred B (accum.)
C%
preferred
Eastern
Steamship
Eastern
A
Steel
$5
preferred
Eaton
Eddy
Co.,
Ltd.,
Steel
shares...
Utilities
class A
(quar.)..—-
Hajoca
Hale
Co.
...
Stores
Hallnor
Monthly
Hamilton
Cotton
Co.,
Hamilton
Watch
Co.,
Electric Hose & Rubber Co. (quar.)
Elgin National Watch (quar.)
—
Ely & Walker Dry Goods (quar.)
Emerson Drug Co., 8%
preferred (quar.)
Empire & Bay State Telegraph Co.—
guaranteed
4%
Empire
Emsco Derrick
(quar.)—
Electric,
District
pfd.
Hancock
Class
(quar.)
convertible preferred
Corp.
$3
Erie
pfd.
conv.
75c
—
Y.)
N.
(quar.)
12-
60C
0-
Park,
Co.
Inc.
Fenton
United
FCrro
4Vi%
of Canada
Cleaning &
Corp..—
Tire
Rubber
&
preferred
(s-a)
Harrison
Dye
New
35c
(M.
Fittings,
Ltd.,
H.)
6%
A
(s-a)
Connel Dredge & .Dock Co.—_
Flintkote Company, common (quar.)——
$4 preferred
(quar.),
,
Class
:
B'
„afc<.. — .fcfc.,—lllfc-
Bridge
Hobart
(quar.)
Corp.
prior preferred
6%
Franklin
Fruehauf
Trailer
(quar.)
(extra)
Co.,
475c
'0-1
125c
-
6-
250
common..—.......
6-
.
4%
Horn
1
Gary (T.)
It
Co.,
1st
1
Hunts
5%
—
3%%
pfd.
(quar.)..
Corp., common ~ (quar.)
$5
preferred
(quar.)
$3.75
preferred
(quar.)
Motors
General
Outdoor
Inc.,
Advertising,
General Paint-Corp,
$1
preferred'
Portland
Class
A
B
fquar.)
Gerrard
(S.
Glrdler
Globe
A.)
Corp.
Oil
Godman
Goebel
Ltd.
C.),
Brewing
Extra
;
Mines,
Golden
State
Co.,
Goodall-Sanford,
(quar.)— *
$5
preferred
(quar.).
...
T
,
/
(quar.)
Gossard
Grafton
Granby
Power
Grand
6-15
6-
6-
5-15
0-1
(H.
Co..—
W.)
Co., Ltd., class A (quar.)—.
Consolidated
Mining
Smelting
&
Co., Ltd. (increased semi-annual).
Union
Co
V
common
5-15
Madison
Common
5-21
A
5-21
4-1
Co.
1
5-17
0-15
5-14
0-15
,
0- 7
5-17
>V 5-14
6-
6-15
6-15
6-15
4-26
5-20
5-
8
Mar-Tex
6-23
4-23
Masonite
6-23
4-23
1
5-14
6-
Extra
5-18
6-
1
5-14
$1.50
6-
1
5-10,
6-
1
5-15
5-31
4-30
5-31
4-30'
6-10
5-21
'
(stock
each
dividend)
of
share
two
held
May
>
„
>-
shares
to
*
»
-
*
•
-t
5-14
-."C- 5;
International/Petroleqm
6- 1
5-15
International
Silver
Ltd.
(s-a).-^'
(quar.)
25c
Co.___
6rl5
0-1
International Utilities
5- 7
; 0-15
5-26
$1.50
Corp.
(quar.)
Natural,Gas—/—
Iptertype Corp.
*
Investment Foundation, Ltd.—
Iron
Fireman
Manufacturing
'•
-
•
Gtilf States
$4.40
Utilities,
preferred
common
(quaf.)
(quar.)
Kayser
Kern
(Julius)
County
&
Land
Co.
Co.
6-
15c
5-25
1
0-
Miller
pfd.
(quar.)_
-
5-15
85c
6- 1. **
5-15
f- i.
5-18«
4-20
5-1
r_
?25fe
Manufacturing' Co.—
preferred
(quar.)12J/2C
new
com,
Publishing
(initial).
V
1
b35c
6-1
«-5 j
6- 1
6-15
6-15
t50V4c
'
5-21-
6-10
5-27
6-1
25c
(quar.).l.
preferred'
v
$1
conv;
pref.
-
5-1
' 6-15
5-30
-6- 1
^ 5-15
6- 1
25c
V: 5-20
$1.62(4 ,*
$1.1834
(quar.) jz.zzzzlzz~.--~—,
Petroleum' (irreg.)
Oil Corp.,
$1.50
"
iquar.)^.*.
0-
25c
•-
"
.
Piplhg
& Hart,
1
-
6-15
5-3
6-
1
vv^vVv'-C^fl'v-VrSria
50c
6-14
50c
.
:
"3.22rii
preferred' A
.
5-14
5-15
....... a....—...—~
*
-0-34
V H4
0-14-V.-45-14,
S-20. /
5-10
'^vV'^vv??'*>;
7- 2
25c
6-20
•
common.
10-'2'
.*25© '
V,.V;.25c
5Cc
7- 2
•>.
.
-9-20
/
6-20
1 "V V. 9-20
0-10'*
5-25
Xquar,)......- r '80c
^ 6- 1
\25&'.; 6-* 1"
5-20
Co?. * common .^uar.)^*.^- •:
5-1*
preferred
5-14
;Mohawk. •■Carpet/7'5-27
Monarch Knitting Co., Ltd;,.common. (quar^
r,V;435o/ • -3--1
4(4%
preference
(quar.)—;—:—
7-' 1
\ 5-31
Monsanto Chemicah.Co.,' commonV/(quar.)L_ ?/. * 50c
0-*t'
5-10
Missouri. Ctilitfes
5-15^
...
*
$1
Inc.
prior, preferred .(quar.)
3>rior preferred
MinneapolisrHoneywell Regulator,
•
V :0- 1^
Supply iextra).^—4*
$1
6-11
0-15
.
6-15
* 7-1
i25c
—
Mines/ Ltd.
5-15
25c
50c
/
:
Common'•*Z+ :■*'-
i
6- 4
6-30
"
$l.l*3/4
::
6- 1
—
Kaiser Co/-(quar.)
Co;?__,—*^/—*—
(Common
4?;
6- 4
6-i5'?»
•-
25c
(quar.).__
(quar.)
(quar.)
(quar.)
5-22-
5-15
'
5-25
;
7-1
-
25c
434%
series)
Extra'
8-10
^VS V
50c
$1/25
(resumed)
Kentucky Utilities Co.,
—
Company; (quar.)
Midwest
12-1. 11-10 ,
V-25c V •:'/0-15? V B-' 1V
6-10 V
5-22
6-15
6-1
6-1
■'/8%;-..-preferred'-'(s-a)V'
5-10
;
$1J25
:
-
6-15
r
'
40c
5-12
•
0-15
9- 1
5-12
5-29
convertible
*414'/o'
V'v 5-21>V-: 4-30
V
...
___
4
1
5-15
11-15
«
75c
9334c
Mid-West 'Abrasive Co. .(increased).•
Midwest Oil Co.,
common—(increased s-a)i
6-
6-19.
9334c
"(quar.).*—:
6r I'
14c
7- 2-
4-30
'
5-29
$25c
"
—
(quar.)...
Midland
30c
Co
12-
f62,.2C
(s-a):
:
Mid-Continent
30c
6-1
*
common
Oil,
5-14
'
6- 1
5c
Stores
Co.. (quar.)
Merritt-Chapman & Scctt, 61/2"% pfd. (quar.)
Michigan Consolidated Gas—
5-13
7-15
7- 1
5c
preference
Porcupine
1
5-20 "
25c
25c
Mercantile
—
-
25c V
5-12*
$75c
6-15
7-15'
$1.25
;
(1947
6-
60c
6- l
30c
Co.* (Del.)
35c
$qc
;?V
(quar.)
Knitting Mills, 5%"pfd. A (quar.)_
lones & Laughlin Steel, comnion-i_///_«
5%. preferred (quar.)
i
Kalamazoo Vegetable Parchment Co. (quar.)
Co.
1
—
Utilities
i
5-14
'7-2
7-15
+25c
common
5-14-
5-27
25c
Sl.OC1/*
:
-
5-15.-;
6-
1
/
Jantzen
Kawneer
6-
6-
—
Machine
v
25c
-"$!•• ;.0-15-
,—.,1.*.
convertible preference (quar.)
Investors Stock Fund, Inc. *(quar.)___
.
9
6-9
5-2$?
6-19
22*40
Interstate
;
$25c f
6-
:«
150c
McWjliiams -Dredging'
(guar,)-??^./U_^-4^V"":. 15c
6-15 V 'f
Mead /Corp.;: ■ :V -/ 50c" ;V;6-•'^ -5-"7'
4(4% preferred (quar.).'...
$1.06(4
6- 1
" 5-7'
->$2 -.2nd: preferred .*(tjuar.)"rifr rf •
Meadville Telephone Co., 5r% pfd.
(s-a)
' 62J4c V. 7- 1,
6-15
V;V$i.75-'",V6-:'T/v '" B-'-SV
.
7- 2
(quar.)
(quar.).^
(quar.)
preferred
McEwen
Mclntyre
7-2/
€-21
Corp.
5- 8
Paper
(quar.)
McGraw-Hill
.
stock-
Class
A
(quar.)_
$40c
/ 4(4%
preferred
(quar.)__
$$1.12*4
International Nickel Co. of Canada (quar.};
ftOc
Products
5-14
5-31"
6- 5V
McColl-Frontenac
additional
Co;,
5-25
&
preferred
McAleer
5%
holders/approval):.7% : preferred (quar.)V.—_^—
Metal Industries, Ltd.—
International
15c
Co.
Mayer;;(Oscar)' &
,
(subject
:—
preferred
Maytag
$1
Co.— *
6-1'
4-16-
May Department Stores,
$3.40
20c
25c
6-15
6-15
....
Common
6-15
7-1
6-15
___—;
$3.75
*
7-15
MtC
convertible
$3.75
30c
6-21
15c
Massey-Harris Co., Ltd.—
6-30
(increased)
5-3
1
.*_.—
Realization,
Corp.
7-
quar.)—
Corp., common (quar.)
preferred (quar.)___-_.__*.__
■5?o
5-17
(initial
com.
Marathon
Ltd.—
4- I
•.
5-20
$1.25
•*
4
5-15
;
1
5-20
6-
International
5-15
'
6-19
9-20
12-20.
4-24
t25c
.
Square Garden Corp. (quar.)
Maltine Co., 414%
conv. preferred
(quar.).
Manhattan Shirt Co.
(quar.)
Mapns Consolidated Mfg. Co. (quar.)..
Maple Leaf Gardens, Ltd._z_—1
Ltd.—
group
Harvester
distribution
for
5-15,
6-30
-
6-30
$25c
Canada,
Quarterly
Jaeger
(quar.)
Company
6-r 1,
5-2
.
Consolidated-...:
M.
Common
(quar.)
Shares,
Iowa Southern
Greenfield Tap & Die (quar.)
Griggs Cobper, 5% 1st pfd. (quar.)
5%
1st preferred
(quar.):
Gulf Oil Corp
:.
......
Power
Macwhyte
50c
Water
Co.
Quarterly
Griggs Cooper & Co. (quar.)
Grnyson-Robinson Stores
MacLaren
5-15
5%
Co.__.
International
5-20
6-1
$25©
5-11,
45c
(s-a)
Quarterly
Great West Saddlery Co., Ltd.—
0%
2nd
preferred
(quar.).
oreferred
&
$1
•
6-10
5-31
15c
of
35c
Co
Mackintosh-Hemphill
International Business Machines Corp.—
5
6-11
11214c
Mfg.
Ltd.
Co.
group
and bond
6-11
t1214c
&
Great Atlantic it Pacific Tea
Co.,
7%
preferred
(quar.)
$2 .25
Stock
112V2C
Extra
5-7
37(4c
(quar.)_
Aviation
6-20
$1
'
common
(quar.)
Gordon Mackay
Stores, Ltd., class A
Class B (quar.)
Gorham
pfd.
(quar.)
Co.,
Steel
5-30
$1
;
$1.25 V
,
(quar.)
6-1
tlOc
6-18
,
Ltd., 4% pfd.
Inc., common
(quar.)
Goodyear Tire & Rubber,
6%
common
Co.
Gas
6-15
V 5C
42C,
■ $1
3714c
Preferred
M.
2%
7-
6c
Ltd.——
Lyon Metal Products,
5- 7-<
12V4c
Industries, Ltd.—
deposit receipts (final)
Oil
7-1
3714c
(quar.)
5-14
6-1
"
Mfg. Co.,
Tobacco
t2c
;
6-14
25c
(quar.)
6-14
5-12
V
$3
(W. M.) Co., Ltd.-(quar.)
Lynchburgh & Abingdon Telegraph Co.—
Semi-annual ..4.?
&
6- 1
$1.06
Lowney
M.
5- 1
$1.50
(quar.)
5-10
i
7
'•».?'
4-27
J.
5'
5-21
6-1
—•
5-10
.
5-
T
6-1
88c
1
Chemical
25C
Co
series A
80c
(quar.)
75c
-
(quar.)
common
Co.,
Zinc
25©
;
Goldale
Power
Inland
1
A
6- 7.'
50c
5-21
9-30
Institutional
preferred
preferred
RR:
Sons
-&
6-1
$1.75
(quar.)
(quar.).".
preferred
1st
1
20c
——'
(irreg.)
2nd pfd.
7%
10c
Interim
(increased)
6%
Inc.,
Ingersoll-Rand
(quar.)
Co.,
(H.
414 %
(M.)
—
6- 1
12-30
Indiana
(s-a)
Lowemstein
5-20
6%
l' T
—
t$l
(quar.)___
6-
$1.25
15c
preferred
37(4c
$1.06(4
(quar.)
$1.25
15c
Co.,
6-10
Hotel,
Nashville
&
'*
•
25c
(quar.)
(quar.)
(Md.)
(accum.)l
Taylor,
Louisville
Extra
1
class A
Inc.
Co.
&
$1.25
Imperial
;
Gas
Lord
(quar.)
Imperial
(quar.)
Class
Groceterias,
Star
-
3c
Car
preferred
American
'.
5- 5*
6-19
50c
3-10-49?" 2-24*
5-5
-
f25c '
11-24
5-
6-30
(quar.)
50c
l
(quar.)
-12-10'
6-
Long Ecll Lumber* (Mo.)
5-12
8-24
50c
-
—
425c
$1.12(4
1,
5-24'
"
,
Baltimore
6-
9-10
5- 5
Lord
$1.25
2-24'
6-10
6-
6-
Y.) —
8-24"
V 11-24
12-10
3-10-49;
50c
:50c
10c
Motor
Imperial
Co
$4
$1.10
.
Gypsum Lime & Alabastfne
Quarterly
Quarterly
of
Canada, Ltd.—
Extra
Kerr-McGee
;
.25c
Oil
Industries,
$l,29 convertible"
preferred (qoaT.)
'
-.^6- 5. V-.--5-15
6(4c
common.—.
V?rSr i?'> 5-20
30C
'j
0-1° ' 5-20"
$4
'
-
5-24
*
6- IV"*
Long Bell Lumber
2
9-10
6-1
6- 8
(quar.)
(quar.)
General Precision Equipment
General Tin Investments
Genesee Brewing i
Lone
5- 3
1
.
$25c
6-25
(quar.)
25c
common
Loblaw
5-15"
VvV/w
"V
6-10:"
(quar.)
B
Extra
5-15
A
5-15
6-1
$1.10
1
5-14
•
425c
6-19
Mining & Smelting Co., Ltd.—
Bay
Illinois
$1.25
Class
5-29 "
6- 1
°
'
:
5-
.
$1.10
.
!
6-30
5-"7r
V
1
25c
VSv'?.
_
Extra;
25c
preferred
9314 c
.'.IV.....
Cement
(N.
(quar)
6-
'$1.10
—
Groceterias, class
tit
'
8714c
*
:
Guaranteed
Loblaw
'f 6-30
7-10 ?
25c
—Z
—
(quar.)
10-23
' 5-20
-
75c
—
* V *
7-24
7-10
65c
"
;
<
8- 13-
37*4c
Co.—
(quar.)
$1.06(4
(quar.)
(quar.)..
RR.
capital
capital
"
,
11- 1
3714c
'
Special
7-20
5-20
5-21
5-27
preferred
Miami
5- 1
5-11"
*
4
-
—-
6-22
l'T
0-1
'V
"
20c
,
(quar.)
com.
6-
30c
'
Corp.
(quar.)
Carbonic Corp.
7-1
'V
"
.
4-19'
>V;.
.»
$1
•
4-19
*
5-17
V
30c
—
Insurance
Guaranteed
5-15
6- 1
30c
common
(quar.)./
Fund.
Foods,
Idaho
>
(quar.)
$1 conv. 2nd preferred
General
25c
(quar.)
Life
5-27
5-17; '
40c
Special
,-
A
__——
-
(quar.).—
5-20
6-L
6- 1
Co.—
Co.
.
6- 1
6- 1
C.)—
(quar.).___
capital
O-iginal capital
Special; Guaranteed
Special'Guaranteed
6-15
7-30.
preferred
preferred
Hydraulic Press
75c
—
6-25
25c
25c •
50c,-
——
S.
5-20
6-10 4?
25c
——
.
(Greenville,
6- 1
50c
_
—
Original
5-18
5-28
—
•Original
Original
5-17
5-28
5-21
1
5%
84%C
Mills.
Little
5%
01
...
$1.25
General
5-17
6-
Co,
Huttig Sash & Door Co.
(quar.)..
General
Liquid
6- 1
6-10
(quar,);
Humble Oil & Refining Co
...
(s-a)
pfd.
Lionel
5-17
$1
'3114c
25c V
(quar.)
-
—
6- 1
31c
Glass
Libby (s-a)
Class
B
(quar.)_'l_
Lindsay Light & Chemical..
Link-Belt. Co.
(quar.)—_——....
9-15
87(4c
37V2C
Telephone & Telegraph Co.—
Initial quarterly
6-15
6- 1
35c
50c
Lincoln
1
25c
Extra
(accum.)..
250
C
5%
7- 1
25c
25c
Corp., common
preferred (quar:)
Hudson
5%
Co.,
5-14
common
Stores
Plan
Hudson
pfd.
preferred
Industries
6-11*
—
class
Hardart
414%
General Finance Corp.
5% preferred A la-a)
convertible
7- 1
6-15
30c
preferred (quar.)—
Howard
,-
Cigar Co. common.
7%
preferred
(quar.)
General
Dry Batteries, Inc.—..——
4%
5-15
10-
&
National
314%
'preferred (quar.)
Houston Lighting & Power
General
General
5-28
5-14
i4c
.
(quaT.)_—
V! Quarterly
Quarterly
6-10
(quar.)—30c
(increased quar.) J
!—
25c
preferred
&
Howe
$1,60
Llncom
5-28
15c
75c
——
Electric'Co., 5%.' conv.pfd. (quar.f
McNeil
Quarterly
30c
5%
preferred (quar.) i
0% preferred (quar.).........
8% preferred (quar.)
6% preferred (quar,)
&
Cement
Life Savers Corp..;
Liggett & Myers Tobacco
7-20
10-20
5-25
7- 1
_15c
Electro-Chemical,
4(4%
-4%; preferred'-v:(quar,).Vi:iV/..;/VV;/?i./!«;-,.. •'
Gair Company, Ltd.,
Galr (Robert) Co ;;
7- 0
25c
...
Co,
Portland
Special
10c
(quar.)
Hoover Company com.
7-20
62 *4 c
—
Lehigh
V 25c
$1.50,
50c
?20c
(quar.)—
———
8-2
(final).
5c
(quar.)
(irreg.)
Liberty Life Insurance
".
MIg.
$4.25
(see
Companies,
Freeport Sulphur Co.
Freiman (A. J.) > Ltd.
6-10
Bartlett & Co.
E.)
Inc.
5-11
11- 1
Co.
Oil Co., Ltd.
(initial)———
(James) & Sons (quar.)
Lehigh Coal fc Navigation- (s-a)
6- 1
7-20
....—
non-cum.
Hooker
(quar.)
Simon, Franklin)
Ltd.
(quar,)
Simon
3
.
40c
125c
*.*
Leduc-West
50c
$1.50
17(4c
Corp.,
Spencer,
(Henry)
$1
Ftoster-Wheeler
Fraser
6-30
Fabrics,
25c
(quar.)
Lees
Products—
(Charles
Holt
Works
6-10
$1.06(4
(quar.)
$6 2nd pfd.
Corp., common
convertible
preference
Hires
—
Pitt
6-30
$1.37(4
$1.37(4
Hotels
4%
—
Extra
5-15
0-10
t€c
7*2C
a
Machine
Libby
(quar.)
com.
25c
—
(quar.)
Candy Shops, Ltd.
Libbey-Owens-Ford
(quar.)
Monthly
Hilton
'
Fort
1
6-30
Leland
...
Co.
Chemical
Monthly
Monthly
Power It Light, 4*4% pfd. (quar.)..
Ford Motor Co. of Canada, Ltd.—
(quar,).—
Lea
1
6-
Monotype
Secord
6- 4
5-15
....
Steel
Hibbard
Florida
A
5-15
6-
Lanston
6-10
3(4% preferred A (quar.)
Heywood-Wakefield Co., common
5% preferred B (quar.).:
—
Extra.
Laura
$1.25
(quar.)——-——
6-12
6- 1
convertible preferred B (quar.)
Nelson—see Nelson (Herman)
Heyden
Fitz Simons It
Class
5-15
Herman
(quar.)1—
Co.
class
Orleans
Hercules
(quar.).
Corp. $2 pfd. (s-a)
Firth Carpet Co., common (increased quar.)
5% preferred (quar.)
_1————.——
Flshman
Glass
35c
__1
(irreg.)
(interim)—
& Sons, Ltd.
Co....—..
6-30
Co
Co.
Paper,
Quarterly
First York
1
Co.
$l8c
.
(quar.)
40c
*.
Mining Co. (quar.)
Hemisphere International Co.—
Co.—
6-
A
class
Hecla
It
Co
Pulp &
Hazel-Atlas
25C
——•
Wholesale
Furniture
Hawley
40c
in
Refractories,
Lithographing
451.75
Ltd.
i%
Havana
401
_
———
payable
li.
A.)
Haverty
50C
(quar,)——r—
dividend)
preferred (quar.)
preferred
(quar.)
5(4%
18%C
-
Works
Enamel
Firestone
5'/2%
(John A.)
'
20c
140c
Lansing Stamping
$1
dividend).
preferred (quar.)
(A.) & Co. ./V
Harris
0-15
$2.50
(quar.)
Corp.
Screw
63
15-0
Wells
5-25
5-15
$1
4%
—
Company, common
preferred (quar.).
$4.25
(Syra¬
(quar.)
(cash
(M.
Lane
Lang
50c
(quar.).
(quar.)
Ltd.—
—-
Inc..
5-25
25c
Harbison-Walker
11-15
1
0- 1
01
;
Federal Fire Insurance Co.
Federal-Mogul
Federal
5-14
Bryant,
5-10
50c
dividend)
stock
Hanna
$2.50
Quarterly
Farquhar (A. B.)
Fashion
69-
$1.25
Fairbanks Morse 81 Co. (quar.)—
—Fajardo Sugar of Porto Rico (irreg.)—."—.
cuse,
8-13
3,
$1.25
Farmers & Traders Life Insurance Co.
Calif., class A
dividend
B
-
...
Mines,
6- 1
6-15
6-15
6- 1
25c
$1
(quar.)
(cash
(Stock
5-7
1
1
Class
5-7
7-1
$1.25
(quar.)
A
6-1
IOC
(accum.)
CoM 5% pfd.
preferred A (quar.)—
preferred A (quar.)
5%
/
(s-a)
Railroad
5%
«■$<>
12-31
$1
(quar.)i
20c preferred
7-26
$1 1-25-49
(quar.)
convertible preferred
of
t22»/2C
—
(quar.)
...
A
Stock
4%
Equity
E
Extra
Class
—
St Equipment—
4%
Co.
•
.
H.)y Inc.
7-15
5-ia
shares—$0.2134
preferred
(quar.)...
25c
Oil
Ltd. <quar.)__
common
(quar.)
Extra
—
MM.
Lane
preferred
-
4%
Milling,
(quar.)
9-15.
10-15
35c
.
Mines, Ltd. (quar.);
Superior District Power Co.—
Lamston
Ltd..
convertible
4%
—
—
5%
Mines,
A.)--
(quar.)
Lamaque Gold
(quar.)..
Monthly
5-18
_
;; 5% preferred (quar.)
Lakey Foundry & Machine Co.
(s-at_.
(quar.)..
Corp,
Bros
50c
.
;
.
Shore
Lake
Co.
5-14
$1.75
American
Woods
the
Common
V/ater
2
5-15
(quar.)
Industries,
preferred
Lake
....
...
shares
Hackensack
of
7%
stock
shares
-////--l;,..,,;,./-:.
(quar.)_„
(S.
preferred
France
Common
Tobacco shares
—
2nd preferred
6 %
Equipment
Railroad
(quar.)—V
Paper
Edgewater
Railroad
Steel
(quar.)
6-
37 tic
5-10
Lake
Bond
4-30
15c
6-15
La
Railroad
(accum.)
vtc
Co.
Mfg.
—
$2 preferred
Lines,
Products, Ltd,
Eastern Sugar Associates—
&
—
shares
Extra
>
*vVV
-
5-10
Laclede-Christy Co.
..........
shares
Petroleum
's_'10c
60c
La Consolidada
Mining
;
.
Extra
*1*/4C
Massachusetts Street Ry,—
8c
;
V ' 50c
7%
-
-
Merchandising shares
-
t.
6%
shares
—
*
-
1st preferred (guar:)$1.50
6% 1st preferred (quar.)
V $1.50
7% 2nd preferred (quar.)
„
$1.75
shares
°
Stock
1
common
..
Machinery
Institutional
v
Koehring Company
Kresge (S. S.) CO. (quar.)
Kress <S. H.) it Co. (quar.).
Kroger Co., common (quar.)
shares
Bond
$1,25
Series—
Creamery Co.,
preferred
(quar.)
60c
—__
10c
•
-
•
,
BeneficialInterest
—
Industrial
Fund—
Knudsen
Extra
—
4'/a%
preferred (quar.)
:
Dunlop Tire Sc Rubber Goods, Ltd,—
5%
1st preference (s-a)
.—
Duplan Corporation (cash dividend)
shares.
—i.
Administered
General
r——-———
Bradstreet, common
Knickerbocker
—
shares
Extra
-
,
(quar.)
preferred
Chemical
$1
81 (4 c
(quar.)
Corporation
Dun &
__—
(quar.)
2nd preferred
$125
Dow
common
25c
"7- l
...$2.50
Oil
Kingsport Press, Inc. (quar.)
:
Kinney rG. R.) Co., common—
$5 prior preferred (quar.j
—
Building shares
Holder*
Payable oj Rec,
$2.50
-,
'
$3
(s-a)
Rockaway RR.
Dover &
When
Per
,
Kingsbury
shares
shares
,
Name of
Keystone Pipe & Supply, 5% preferred {«-«.)*
shares
Automobile
-
,
payable of Rec.
ZmZL
)25c
—
•When
Share
,
Monday, May 17, 1948
'
Inc.—
Extra
125C
(quar.)
Ltd.
preferred
$1
Donohue
8-2
(quar.)
(quar.)
c
Holdern
6-15
t25c
—
Per
Payable 0/ Rec.
$37 Vic
J25c
Ltd. (quar.)
Dominion Tar & Chemical, common
Dominion
FINANCIAL CHRONICLE
series
B
.(Initial)'>.M)
V^3?25;epi«erred
*V5-io
Volume 167
Number 4699
THE
Per
Name
of Company
Monarch
Cottons, Ltd., common
preferred
(quar.);
(quar.)
6-1
*12C
—
„
FINANCIAL
6-15
5-13
J44c
6-15
6-
Tail
$3.60
5-13
6-15
Otter
Power
Morgan
(J.
P.)
&
Morris-Knudsen
Morris
Paper
43/4%
(quar.)
/
Co.——
Co.
(increased)—
preferred
(Minn),
(quar.)
Plan
50c
(quar.)
common
Mosinee
Corp.
of America,
Mills
Paper
Motor
Finance
Motor
Wheel
Corp.
6-15,
"
}■
6-
1
1
5-20
5-
25c
6-10
5-26
Pacific Gamble Robinson
6-30
6-15
Pacific
Lumber
Pacific
Mills
Pacolet
Mfg.
;—
Pacific
(quar.)
com.
—
(quar.)
Corp.
Diablo
Mount
$2
Mining
&
Development
(quar.)
Pato
Extra
1
Mountain
Fuel
Mountain
Supply
Producers
Co
5%
Mullins
$2
>
class
Mutual
V
A
Stow
Peninsular
(quar.)
$1
preferred
(quar.)
$1
Telephone Co.
preferred A
4.80%
Acme
National
Alfalfa
57c
(Hawaii)
—
preferred
(quar.l
Automotive
Biscuit
Inc.
15C
(quar.)
(quar.)—
preferred
National
_i
Corp.
(quar.)
Gas, common (quar.),,,
Cylinder
'iV*%
preferred (quar.).;
Dairy Products (quar.)—
National Drug & Chem.' Co/ of Can., Ltd.-^'
Common •'
f
'
preferred
Electric
National
Co.,
$1.06
Class A
Class
preferred
Co.
s-a)
pfd. :(quar.)
New
Machinery
$1.75
25C
i ;
37 VaC
53y8C
47 '/aC
Zinc
(quar.)
News
York
Shipbuilding
Air
Brake
&
—
—,
Bank
Stock
Series,,
6-1
50 c
Public
Bond
Stock
Metals
Pacific
Series
———
.
______
Stock
Fund
shares
American
Wisconsin
each
100
North
/;
57/2 %
6%
Electric
shares
Power
held
preferred
North
River
North
'
....
.v„,,,
.,
^
9-20
20o
12-23
12-16
2
Co
Refractories
RR.
Insurance
Northwestern
4'/2%
Public
preferred
Ogilvie
*
7%
preferred
Oil
Co.
Ohio
6% pfd.
(quar.)
Ohio
Old
Seamless
(quar.).
•
;
-Ontario
Oswego
Ottawa
&
preferred
6-
1
7-1
6-
1
9- l->/
6-
1
7-
1
7-
1
6c
5-30
15c
.
8- 2
6-21
25c
6- 1
7-
6-21*
1
-7- i
10-
>
6-23
$1
6-
20c
series
Rowe
Corp.
■
(quar.).
r
Inc.
30c
6-15
6-12
20c
6-12
50c
6-
(quar.)
preferred
Above
of
5%
5%
St.
>
6-15
6-15
1
6-
1
7- 1
8-10
payment
for
first
;
$2.50
:
two
9-15
5-28
6-15
quarters
Paper
(quar.)
$1.25
A
(quar.)
$1.25
Co.
(quar.)
15c
of
'
,,
87'/aC
40c
(quar.)
20c
(quar.)
California
(quar.)
(quar.)
V $1
50C
—
i2y2c
$3.50 preferred
$1.75
Kansas.
New
Jersey—
dividend ' (irreg.) -.-—2—
dividend (Five shares for each
200
held)
Oil
of
6-10
Ohio,
preferred
Railway
Steel
37 Vic
(quar.)
common
Spring
Co.
Wholesale
6-15
933/4c
7-15
250
6- 1
250
(quar.) ———...^...2Equipment Mfg. (quar.).
6-20
(quar.)
Phosphate
&
Acid
(quar.)
6-15
preferred (quar.)
preferred (quar.).
Drug,
Stern
Inc.
Electric
Motor
9-15
12-15
5-10
(quar.),.
Motors
Truck
Textiles,
6-30
(quar.)
5-28
—
6-16
4l/2%
pfd (quar.),.
pfd. (accum.)
on
an additional
5-14
—
were
Issued
in
class
Screw,
A
—
:
(s-a)
75c
/
Inc.
Pacific
Extra
Coal
&
—
Int.,
37 Vie
11-29
$2.30
6-1
5-7
$1.25
1
6-
1
7-
2
75C
6-
1
:
Oil
1
6-
1
my2c
25c
—
!5C
25c
(quar.)
1-
——
common
6-
5-28
15c
(quar.)
—
50c
25c
25c
8-27
12-15
6-
10C
tiy2c
25c
(quar.)
Taylor & Fenn Co.
4.32%
convertible preferred
(quar.)
Taylor Pearson & Carson. Ltd.—
5% convertible preferred (quar.)
Technicolor, Inc.
Teck-Hughes Gold Mines. Ltd. (interim)
Texas
Z 5-28
50c
Inc.
Tampax,
5-17
6-15
5C
——
Talon,
6-1
15c
25C
—;
Corp., 6% preferred (quar.)
4%
2nd
preferred
(quar.)
Sylvanite Gold Mines, Ltd. (quar.),.
Syracuse Transit Corp
Taggart Corp.'.;—-.--————.-
Textron
A
—
....
Swan-Finch Oil
5-18
5-15
(quar.)$1.12^2
<
Corp.
of
Propane Gas Co
vSun Oil Co. (quar.)
Superior Tool & Die (quar.)
5-25
6-
$1
$1
50c
(quar.)
Suburban
6- 2
20c
25c
**■
....■'
Stowell
5-14
20c
37'Ac
12Vic
13c
June' -1946^.
6- 2
1
50c
$1.12'/a
:.K-
Stokely-Van Camp, Inc., common
5% prior preferred
(quar.)
Stonega Coke & Coal (quar.)
6- 1
6-2
•.
1948
preferred
preferred
Regis
,
10c
$1.37'/a
r
6*15
7- I
t$1.06V4
(quar.)...........—
8t. Louis San Francisco Ry.—
57c preferred A (initial)
(s-a)
$1.25
—
(quar.)
Co.
Inc., $1.50
Also a payment of
75c
30,000
shares
which
6-15
1
—
Theatre, Inc., $1.50 pfd. (quar.)
Ruppert (Jacob), common (reduced)
Forgings
Stern &
6-15
7-
$1.25
—
Industries,
4'/2%
5-20
5-14
"7-1
....
Roxy
common
5
6-
5%
,
45c
$1.37'/a
Coosa-Thatcher
Sterling
Sterling
Sterling
6-15
6-1
Co., common (quar.)
30c /
preferred (quar.)
—*
$1.25 •
(resumed)
—
Cap & Seal
Oil Co. of
5%
5-26
' 5-17
5-14
Inc.
(Dallas)
convertible
Oil Co.
5%
6-21*
.
1
Hotel,
Co.
&
Stokely Foods,
$1.75
(quar.)
Insurance
—
.5-26
5-15
preferred
Life
(quar.)
Class B
(quar.)State Fuel
Supply
Stecher-Traung Lithograph Corp.
;
5% preferred (quar.)
5-10
25c
6- 1
A
75c
:
$1.25
Standard
7-15
6-10
25c
(increased)
$0.2656
(quar.)
Works, Inc., common
Stanley Brock, Ltd.
Class A (quar.)—
9-15
Co.
25C
(quar.)
$1.25
Standard
7-15
10- 1
Mfg.
30VaC
pfd.
preferred
Standard
4-20
$1.75
preferred
Co.
33/4%
9-15
4%
Railway
shares
6-16
8-2/?
15c
Electric Corp.—
series F (quar.),
(quar.).
Water, 4%
preferred (quar.)
Stock
6- 8
5-10
/ >•
*•
preferred (quar.)..—.......«.*// $1.75
Gas &
40c
non-cum,
Cash
6-15
40C
60c
(quar.)
Standard
6-8
75-25
30c
(quar.)
12 ViC
(quar.)
Lines
'Extra
5-14
1
7%
Works
non-cum.
Standard
$1.12'/a
'
5-31
Greyhound
Standard
6-1
25c
(quar.)
75C
Oil Co. of Indiana
,5-20
25c
(quar.).
1
(quar.)
Oil
5-15
6-10
7- 1
Ross
(quar.)
preferred
5-15
$1.75
Roosevelt
;
preferred
Ry.
6-11
1
Goods
1st preferred
2nd preferred
2nd preferred
(quar.)
Falls Corp., 4V27c pfd, (qnnr.)
Light, Heat & Power Co., Ltd.—
Common
5 7c
Quebec
1
6-
7- 1
7%
6-
6-15
Standard
1
87'/2c
—..
;
conv.
7-
■
8-15
6-1
1st
6-10
/
25c
Standard
4-30
$1.37V2
Dry
Lathe
California
Standard
.i
Extra
Co
Extra
Partiripaiing
9-
5-14
50c
$1.18%
(quar.)—
/
87 '/aC
—
(quar.)
common
preferred
Standard
5-19
preferred
(quar.),
Standard Dredging Corp.-r
$1.60
convertible
preferred
1
1
:
(increased)
Beauty Supply, Ltd.,
6-
9-15
25c
—
Corp.
Ontario
5-15
6-15
25c
5%.prior preference (quar.).
Rolland Paper, Ltd., 4W% preferred (quar.)
Ronson Art Metal Works (quar.)
Coal Corp..
Industries, Inc.,.
Oliver
.
Tube
1
6-
1
12-
convertible
-
Corp.—
preferred
(quar.)
Standard Chemical, Ltd., common (quar.)
5%
preferred
(quar.)
4-15
5%
common
Ben
Olin
5-25
\
Co.—
35C
preferred
V* 7c
$1.60
5-28
—
Bend
Standard
5-17
5-
6-15
_
Carpet
$4 preferred
(quar.).
$4 preferred A (quar.) —
Standard
Brands, Inc., common
$3.50
preferred (quar.).
6-10
.
1
25c
Rock wood &
lquar.)..
4%%
6-
5-31
J40c
Rockwell
(quar.)
Co.,
7- 1
60c
25c
(quar.)
Fund, common
preferred A (quar.)
6% preferred B (quar.) ......v.
Republic Petroleum (quar.)
Revere Copper & Brass
Reynolds Metals Co., common,,—
40c
Sons
(increased quar.)
Investors
Co*, $5.50 1st pfd.
<quar.)____
$5.50 2nd preferred
(quar.),,
Spencer Kellogg & Sons (quarj 2
Spiegel, Inc., $4.50 preferred (quar.)
Springer Sturgeon Gold Mines, Ltd
Squibb (E. R.) & Sons, common
5-7
C%
Iron
&
&
Common
7-1
40c
ReDublic Investors
70c
;
6-30
Spear
8-13
11-12
Rocnester
1
Power
7-15
$1.50
3Vi %
preferred (quar.)
Remington Rand, Inc., common
$4.50 preferred .'(quar.)
Republic Insurance Co. (Texas)
:
Sovereign
5-17
5-17
$40c
140c
preferred
'
(irreg.)
Southwestern Public Service—
5-17
(quar.)
(quar.)
non-cum.
Steel
Corp.,
Southwestern
5-17
6-1
Richfield
(quar.)
Ltd.,
.
Oil Corp. (increased quar.)50c
Robinson/Little & Co.; Ltd., class A (quar.)
425c
.2*.—
(quar.)
Extra
preferred
t$l.25
5%
5;17
6-15
6-15
$1.25
(quar,)
(quar.),
130C
'.
6-30
4.88%
5-15
6-15
6-15
25c
pfd.
56 ViC
(quar.)
10c
4
" 5-15
I '
/ 6-1,.
* 6-15
50c
1st
pfd.
(quar.)
(quar.)
Quarterly 2
25c
...
Steel
&
(Alexander)
Southern
5-14
$25c
4%% preferred A
Mills. Ltd.—
7%
Telephone—
preferred (quar.)
$2.20
Stores,
non-cum.
7%
933/4C
-Ohio Associated
Ohio
non-cum*
Saw
preferred
50c
'
.
& Co., 4,/a%
Sons, Ltd., com.
&
20c
62 VaC
5%
25c
Owl
(H.)
50c
(quar.),..
3iy4C
4-10
,
100%
1
Refining Corp
Quebec Power Co. (quar.),
Randall Co., class B
Rapid Electrotype Co. (quar.)
r Quarterly
Rayonler, Inc., common (quar.)
Rice-Stix
(quar.)
Service
Candy Co.
Flour Mills,
5-15
5-20
Manufacturing Co., com, (quar.)...
40c
4vi% preferred (quar.)$1.12%
(quar.)
Nova Scotia Light & Power,
4%
preferred
(quar.)
Nutrine
5-12
6- 1.
Rheem
(quar.)
Pharmacal
6-18
,•
''
common
(quar.)
(quar.)
Southern Advance Bag & Paper—
4 Vi %
preferred (quar.),,
;
Southern California Edison-—-
for
...
,
50c
50c
'
(quar.l—
5-20
$1.75
$2
Oil
5V/2%
(quar.)
33/4%
preferred
(quar.)
Northwest • Bancorporation 2„—.22
\
6-20
1
Oil, Ltd., 7% pfd. (accum.)
(Warren)
see
Warren
(Northam)
Norwich
12-16
1
Corp.—
Northeastern Water, $4 preferred
Northland Greyhound Lines—
-
12-23
7-
Star
-Northam
6-20
10-
(accum.)
Pennsylvania
North
1
20c
(accum.)
American
North
7-
20c
—;
Investment
preferred
stock
common
50c
...
(FraiiKiin)
South
6-1
share of
>125c
120C
,
:—
Southeastern
5-10
$1.60 non-cum. pfd. (quar.)
;
Reliance Mfg. Co., common (quar.)
87yac
American
5-14
•
6- 1
$1.60
Corp.—
80c
.
5-15
6-30
additional
quar.).
(quar.)
-
5-15
50c
....
A
$1 25 convertible preferred A (quar.)
Souih American Gold & Platinum Co.—
Increased
2
f5-14
6-30
$1.60
87y2c
prior preferred
prior preferred
80c prior
.
6-1
,
.
class
Company
Sonotone
6-21
$1.25
Regent Knitting
preferred
preferred
80c
,
6-1
.87 %c,
35c
$1.25
Extra
(partial liquidating stock
Finance
1
$1.75
Red
(quar.)
Corp., Ltd.,
of
for
common
5-28
6J
...
(increased
Co.,
Common / (quar.)
3 Va %
preferred
•.
'
(quar.).
com.
i
(monthly)
Reading Co., 4%
(quar.)
dividend)—
Three
\
$1
i$1.75
*
(quar.)
Southern
$2
preferred
(quar.)
Ray-O-Vac Company (quar.)
Fund
Western Ry.
North American Co.
X
of N;
Quaker State Oil
Series,,,
Investment
Mining
6-12
,
Colorado—
Co., common (quar.)A....—......
convertible preferred > (quar.)...
Purity Bakeries Corp. (quar.)
Quaker Oats Co., 6% preferred (quar.)
Electric Corp.
(quar.)
Nopco Chemical Co., 4% preferred A
Mines, Ltd
&
I5e
(duar.)$1.06%
each share held
Noranda
Normetal
of
preferred (quar.)
preferred (quar.)
Puget Sound Pulp & Timber (stock dividend)—
Noma
Norfolk
Co.
preferred
$1.25
(quar.)
Canada—
of
Socony-Vacuum Oil
Soundview Pulp Co.
7- 1
6 ft
5%
Preferred
7-15
Z
Service Electric & Gas-—
One
Industry Shares
Coast
5-13
$5
-
Diversified
6-1
25c
' ;
America, Inc.—
preferred (quar.)
preferred ,(quar.).._.
Pure
Industry
Bond
of
25c
common,,
-
5- 7
t
dividend
10c
20c
Corp.,
(s-a)
Gas
Slojs-Siieffield
6-19;
6-1
7%
Series
Industry Series,,
ZZ; Tobacco Industry Series
// Diversified Investment Fund—
Corporate
Metals
7%
Steel
Diversified
6-30
7-
(quar.)
Smith
$1
.
t30c
5-11*
15c
preferred
8%
Industry Series
Equip.
,
50c
.
(quar.)
5-11*
1
75c
v
.....
Service
Public
Railroad Series
•/ Railroad
B
preferred (quar. 1
-
Utility
'
22c
25c
utrt.
Ltd.
&
redeemable
Simonds
5-15
6- 1
'
' $4
25c
(quar.)
preferred
5%
5-15
1
6-
91 Vic
25c
Simpsons, Ltd., 4'/2% preferred (quar.)
l$1.12Va
Sivyer Steel Castings.—,^2..,.^..—;2.w.
25C
Skilsaw, Inc.
(quar.)
30c
*/
6- 1
-6-
20c
common
Mines,
Simon
1
•
10c
V
(quar.)
(quar.)
Co.
meweries,
Simon
1
6-
53yec
6%
—
Industry Series
Public
6-
6-30
25c
preferred (quar.)
Public Service Corp.
$5
-
Series,,,
Series
6-30
s
Simmons
6-1
30c
25c
Co.,
1
25c
"
Service Co. of Indiana, Inc., com.—■
(Stock dividend) l/20th of a share of In¬
diana Gas & Water for each share held
'*■$3% % preferred (quar.)
Industry Series
Merchandising Series
7%
.
Public
Machinery
7%
.
preferred
5%
/ 6-1
preferred,*.
6-
common
Signode Steel Strapping,
5-24
/J
25c
31V4C
(quar.)
Williams
//Class B
Z/
Extra
5-20
$1///.6-10-
:
40c
common
Extra
5-21
1
—
Insurance
1
7-
Stock
Building Supply Industry Series
Industry Series——.
Equip. Industry Series,,,,,
Food Industry Series
r-
',
__
6-
6-10
7- 1
Pressed
Electrical
North
25c
35c
...J.,
40c
„•
15c
Signal Oil
5-10
$1.25
Chemical
Government
5-20
:35c'
,
$2.50
/
Corp.,
Manufacturing
Sigma
5-20
$1.50
4Vi%
Industry
Series
Industry Series
Industry Series
1
6-
6-30
50c
Automobile
'/
(quar.)
Prentice-Hall, Inc.
Agricultural
>/ Aviation
-
$1.75
25c
$1
Dock
Dry
Siciv
5-22
;•
non-cum.
Class
25c
>
7%
6- 5
1
.
20c
Co.,
6-
..
50c
(quar.)
Corp.,,
6-15;.
$1
,
$3ew York Shipbuilding Corp.—•/ Participating (non-voting)
shares
Founders
(voting)
shares_r_
jNew York Stocks,/Jnc.—-
Oil
$2
6-30
4Vi%
$1.25
•
-
5-15
Pittsburgh Bessemer & Lake Erie RR.—•
6% preferred (s-a);
$1.50
6- 1
Pittsburgh Steel Co., 5% pfd. A (accum.)621/2c
6- 1
5Vi % 1st series prior preferred (quar,).*.*
$1.37 % ;6-1
Pittston Co.■: (quar.)
,
50e ;
6-10
Phoenix Hosiery
25c
7-1
Plywood,
Inc.
(initial)..*
5c
5-26
Poor & Co., class
Av (qUar,).^Ti..;***i*ri
.37 VaC
6- 1
$1.25
'
Newport
Zd
(quar.)
com.
1
6-
131V4C
5%
1st
preferred (quar.)
Sherwin-Williams Co., 4% pid.
5-1
35c
15c
$1.12'/a
Inc.
Brothers,
(Herman)
Jersey
New
Corp.,
56c
tl9c
(quar.)
Acceptance
preferred
Siierwm
;
(quar.)
(quar.)
Co.
Sheaffer Pen Company
Extra
1
6-1
85c
91 V4C
(quar.),.
(quar.)
Shawlnigan Water & Power
5
f-
1
6-
\
&
55c
-
pfd.
Extra
11-5
2-
(quar.)
$2.50
(Del.)
Serrick Corp., class A
Class B
(quar.)
8- 5
,
2-15-49
$1.10
(initial*
Philadelphia Suburban Water
$3.65 preferred
(quar.).
——
Neisner
6-15
8-15
92I,/2C
Philadelphia Title Insurance.*—"
Phillips Petroleum (quar.)
Pillsbury Mills, common (quar.),,,
:./$4 preferred (quar.),.
Pitney-Bowes, Inc., common (quar,),.i/ii-
;
National Tea Co., common (quar.)
■tr 4J/4% preferred (quar.),'
3.8%
preferred
(quar.),,,.
Naumkeag Steam Cotton/,
Nelson
9-15
5-11
preferred
(quar.)
Banknote Co.,
Security
12-15
6-15
preferred
Sheller
~Extra'-.—•i.-i—
—
Rubber
1
11-15
25c
v
Philadelphia Suburban Transportation (quar.)
—
,7% /preferred A i (quar.)-.
f.-——
National Linen Service, common
(quar.)..4/A% preferred (qu&r.),^^,——/..
preferred (quar.)
National Paper & Type Co., 57c
pfd. (s-a)
National
1
1-49
Philadelphia Co., $5 preferred (quar.),,
$6
preferred
(quar.)
Philadelphia Electric Co., common (quar.),
v
.
5%
5%
Surety Co.
Roebuck
Securities
& Gear Co,
preferred
5%
4150
(increased
$4.50
(quar.),,
Lead
1-
25c
(quar.)
Dodge Corp.._^_.*,_;_
Philadelphia Co., common
(quar.)——
A
710-
62V2C
.
National
Sears
6-12
•
6-30
5-21
27yaC
(quar.)
Co., $3.65
Seaboard Oil Co.
5-15
6-30
common
Air Line,
preferred
5 %
5-5
1
Co.,
Electric
Seaboard
5
1
25c
Phelps
45c
National Hosiery Mills, Ltd., class B——
/// Class -A^"(quar.)^^—;
/
5-
'
6-
^
Pfdiifer Brewing Co...
Welding
Oypsum
1
6-
62'Ac
20c
(quar.)
Products
6-
62V2C
$1 .preferred
Food
7
6- 9
12 VaC
(quar.)
Co., Ltd., common
preferred
(quar.)
$1
quar.)
Pettibone Mullken Corp.
Co. (quar.),
Quarterly'
Quarterly
National
5-31
Z i;68%c
(accum.).,,
Pfaudler
112VaC
Convertible
5-31
6-15
31 Vic
(quar.)
'
National
5-
6-15
$1,50
pfd.
30c
National
v
5-31
5-10
1
75c
Scythes &
5%
6-1&
5-25
7-
U1.06
ZZZZZ'ZZ
A
preferred
Seaboard
(quar.)
(quar.)
preferred
7%
$1.75
^
Container
National
preferred
Perkins Machine
40C
common
'
7%
fl5c
i20c
.'
Peopies Telephone
4V2 % preferred
62 VaC
;
Fibres,
Co.,
5-20
5-20
.
Paper
$3.40
Holder*
Association,
preferred
Scranton
Telephone Co.—
preferred
$2.25
Dehydrating & Milling Co.—
National
(interim),
Scott
6-15
'
Cc._—
National
1
(quar.)
Pennsylvania Electric Co.—
3.7% preferred series C (quar.)
4.4% preferred series B (quar.)
Pennsylvania Telephone Corp.—
(guar.)
preferred A (quar.)
preferred A (quar.)
4.80%
National
5Va%
(increased
preferred
4.80%
6-
(quar.)
$1
8
1
$1.06'A
(quar.)
(quar.)
6-
1
6-
15c
Common
preferred
6-15
" 7-
6-30
50c
"(quar)"!
(semi-annual)
5 V2 %
1
When
Payable of Reo.
50c
4 >/, % pfd".
Remedial Loan
Francisco
Savage Arms Corp
Schwitzer-Cummins
5-15
6-
J35c
preferred
Common
—
1
6-15
25c
Wilcox
Peller Brewing,
6%
Mutual
&
5-15
5-21
J40c
Dredging
common
San
Ltd.
1
5
6,
$2.50
(quar.),,,
(quar.)
Common
(quar.)
(s-a)
(quar.)
Co.—
preferred
Peck
Chemical
6%
Gold
Ltd.,
Co.,
convertible
6%
,
6%
.,
preferred
3
6-
$1
5%
5-15
6-
'
75c
preferred
Feabody Coal
i,: Extra'
40c
Share
Royalty Corp
Saco-Lowell Shops
Saguenay Power, Ltd.,
6-1
25c
„
(quar.)
Co.,
Mfg.
7%
s-a)
Mfg. Corp.
$7
preferred (quar.)
$7 preferred
(quar.)*,
Murphy (G. C.) Co. (quar.)———.-.
Muskegcn Motor Specialties Co.—
(increased),
com.
(quar.)
5-
1
Per
Company
Sabine
5-15
1
5-25
6-
$1
Co
Consolidated
Paton
—.——
(increased
(Calif.),
6-
35c
$1.25
Name of
5-29
6-10
90c
Page-Hershey Tubes, Ltd
I
Parkersburg Rig Si Reel, common
$4.25 preferred
(quar.)
(quar.)
Oil
Finance
Holders
Payable of Rec.
60c
common
Outboard Marine & Mfg. Co
Oxford Paper, $5 preference
(quar.)
Pacific Car & Foundry, $6 preferred,.
1
59 %C
Mills,
preferred
Morris
Co.
Lines
When
Share
Co.
,
Moore-McCormack
CHRONICLE
Per
Name of Company
5-18
37 Vac
—
&
Holders
Payable of Rec.
50c
•
Montreals
7%
When
Share
-/:
.
Tool.
Machine
COMMERCIAL
preferred
(quar.)"
convertible preferred
1
(quar.)
57VaC
3iy4C
THE
(2178)
50
Per,.
Name of
'
;
Thew Shovel
„
New
*
(stock dividend)—
Co.
"
;
6- 1
25c
50c
30c
933/<c
Timken Roller Bearing
75c
Tivoli
Brewing Co
12 Vic
Toronto Elevators, Ltd. (quar.)
—tl5c
Treesweet
Products
(quar.)—'12Vic
Thomaston
Co., com (quar.)_
(quar.)
Oil
Tishman
Gas
&
Co...—"
*
*
Weston
6- 5
5-20
Weston
5-12
5-20
'4Va%
6-1
5-20
Westvaco
6- I
5-15
7- 8
9-30
'•
Tudor City
6%
vi208
Fourth
25c
Quarterly
*
$1
62'/2C
62 Vic
*
—-
5 Vi %
preferred
A
(s-a)
5Vi%
preferred
B
(s-a)__
Asbestos
Union Carbide
Union
*
Oil
$3.75
of
&
United
Aircraft
new
United
Board
A
17'/2C
7- 2
50c
7- 1
•
(initial)
com.
6%
1
i
United-Carr
(
United
5%
preferred
pfd.
i
United
$1.25
$1.12Vi
(quar.)
B
1 United
<
7%
Coal
tr
7-10
6*25
6-
1
prior preferred
(quar.).
$l.l2,/a
6-15
prior
(quar.)$1.12Vi
6-15
6-10.
5-24
Worumbo
5-18
5-
7
5-
7
5-28
I
68V3C
6-1
'
^50c
*"
—
5-14
1
u
6-1
7- 6
■'
^ t"
B
1
7- 6
7—
♦Transfer
6-21*
-
6-21*
6-' t
50c
5-10
6-14
«
30%
6-1
50c
7—
.
1
6-
.
7-19
*
5-31
5-15
5-31
7-31
.
.
S. Spring & Bumper
■
'4V2% preferred
(quar.)
U. 8. Steel Corp., common...
r^;;
7%
preferred
(quar.)
1
»■
6-15
5-14
6-30
resident
Jamaica
for
tax
this
•
mission
5-
7
-v.
'
$1.75
3
6-20
5-
6-15
5-25
United
*
S.
Truck
The
Consolidated
above
dends
"j1 f
*
,,
r
.
Lines
—
Steel
Universal
-
50c
Co..___
consists
payment
of
Oil
each
for
of
>
,
income
dividend.
two
the
c
Stock
dividend
(subject
Insurance
.X Universal
'
-
two
•*
,fi ''■
to
'
approval)
5%
prior
convertible
Utica
«
*■
Norman
20c
6-
1
1-2-49
*
6-
5-14
6-10
Gross
5-12
Net
ry.:
6-10
6- I
9-10
preferred
(quar.)
$1.25
12-10
10c
6- 1
25e
6-1
Syndicate, Inc. (Increased)—.—
Verney Cdrp. (quar.)
Viceroy Manufacturing Co., Ltd
Ji2c
(quar.)
>v
9-
1
Net
from
Net
ry.
5-14
—V.
6^15
6-
5-14
$5
preferred
6-19
6-
$1
6-1
30c
gl.25
Virginian Railway Co., 6%' preferred
Mfg. Corp. (quar. 1
Amulet
(quar.)
4%
? Walker (Hiram)
40c
B
(irreg.)
;
S4.50
Warren
..
D.)
Co., common
preferred
pfd.
Petroleum
(quar.)
will
teen
'A
y;
-
Insurance
Engineering
5-15
5-15
cents
5-15
$25,
■
7-15
(s-a)
.
$1.75
Co
7'10-
1
:7-*' 1:
6-
Wesson Oil &
Snowdrift;
West
Indies
Sugar
$4 pfd.
12%c
(quar.)
75c
;
Point
Mfg.
75c
Co..—
-y
•j
■
Virginia
Coal
&
Coke
."V-
....
Western
Auto
Western
;
Insurance
5%
-
Supply
preferred
Western Pacific RR.
Common
I
6-
2
2
6-
6-1
i
5-17
Common
5%
(quar.)
preferred A (quar.)
preferred
A
(quar.)
5%
preferred
A
(quar.)
—
I.—
w
,
11-
75c 2-15-49
$1.25
-
8-16
25
8-
$125
11-15
11-
$l'.25
2-15-49
a-
First
W>
C.
102.3699; * Equitable
Bros., ; 102.l4«-£9f
Giore,
tlie cost of construction
167,
of
ror^an;
102.019.
additions
2073.
p.
-'kt
.J
Vtb-'Z
*
:
St,
share
and
K-
.u2
$668,147
964
shares
of
for $200.'
be
5,564
$668,994
$784,023
"$1,657,814
416,125
416,263
1,664,500
—V.
in
Proceeds
I
■
will
1945
3245,280 y-
793,736
1,136,656
W;t$42,477
$359,403
and surplus
resulting
7'^."...
3414,193
'
428,376
3^6,762
10,409,370
equivalent
from
surplus
8,560,948
estimated
to
items." tLoss.
;
.'
the
(N.
company
York
ceed
Mr.
appointment
the
to
on
May 1 of Arthur
Acting Works Manager
post ol'
B.
of
Y.)
plant, its 42nd Street Shops in
Electronics Shops in Allentown, Pa.
Joseph R
Personnel Director, has been appointed to suc¬
City
and
Assistant
Goetze.—V.
•"v
167, p. 1737.
:'
\ J
r
*
•;
"'.y:r. *:
1 Western Pacific RR.—Earnings of Company Only—
"
Gross
l,7b6,386
Net
7,559,668
33,515
yy 80,000 [
Western Electric Co., Inc.—Officials Promoted—
announced
613,876
_
120^€0'*; •'-110.183»-<4,218,218
3,349,064
r
....
Bransford,
$2*770,738
•;
167, p.-589.;
The
487,339
!1,691,595
'Jt
'
Goetze, Personnel Director,
the company's Tonawanda
$2,644,983
$2,219;303
;
;
—
•
-a
164, p. 326.
1946
$1,635,399
$2,192;192 ':i
; ' 22,415"' ¥' 27,111
7,589
! * Adjustment .between" ifiebmid
reduction in Federal income tax
$4
sold
shares
will
$778,459
■v.^847
f.
^Electricity lEwfeV)
j Gas (Cttblc feet)i
March—
,
from
from
%
""1948
'1947
$3,251,948
$3,085,303
$3,lol,412
615,335
550,919
65,152
322,073
264,645
*170,288
574,200
8,728,342
10,424,323
14,319,715
1,223,910
2,425,661
>5,887,176
348,489
991,156
1,711,093
*
,
*
railway
railway.
r
194G
"
1945
$4,9
1,974,811
;
"
ry.
Gross
income™
oper.
'
directors
on
weight
to
6%
July
to
A
£
~
six
sleeping
service
cars
will
service.
completely
1
•
6
v
-
t
declared
holders
to
to
secured
stock,
961,033
See
V,
also
Winter Park
1,880,367
167,
of
on
>
Proceeds
Fla.
Four¬
to
modernized.
;
.y-v
.
tw«
this
by
holders
as
quarterly
convertible
of
record
the
payable
complete
a
^(Fla.) Telephone Co.—Files With SEC—
used
will
be
new
office
to
ietire
outstanding
building.
-
preferred
and
stock
^
^
record
Sept.
issue
an
and
of
l,
June
to
of
of
magazine
dividends
of
12,
future
and
12,
1948,
par
and
loan
royalties
publication
a
"•
share
The
covering
will
be
subject to compliance with the provisions
benture indenture.—V. 166/ p. 803. v
contract,
company's
167,
p.
948.
elected
Secretary
>V''
on
10,000
offered
April
30
shares
at-par
filed
of
to
v
registration
a
stock
common
without
-4
statement-With'the
(par
underwriting
for
End. March 31—
Operating
$10).
and
stock
The
used
devel¬
proceeds*
exploration
and
>
1948—3 Mos.—1947
$1,251,574
revenues
Operating expenses
-
Taxes, < other
; income'
34,535,435
$4,189,393
409,456
1,703,514
1,550,367
77,887
150,000
:__i
than- Fed.
,
1948—12 MOS.—1947
$1,169,818
445.221
290/724
182,000
618,000
428,877
317,181
Maintenance
Depreciation
>
-
737,000
,
396,458 {. ■; 183,177
735.055
;
697/585
-
inc. tax
Federal
above.—V
/:
Yonkers El^ctric-Llght & Power Co. —Earnings—
de¬
Warner & Co^ Inc.—Sells Two Products
Co.
been
1090.
'{•
w
1, 1948
respec¬
and Sept. 11, 1948,
the
pi
on
Oct.
of
has
development.
Business consists of
opment-of oil and gas wells.:.
,
.4,
mainly
Period
and
Wis.,
2\.'
company
SEC
of
from
each
Madison,
Miller, resigned.—V. •167<
'7*
t*
Yeakley Oil Co.» Alamosa, Colo.-^-Hegisters With SEC
the
1, 1948
share.
proposed
$2.25
1948,
stock,
Burdick,
succeed B. E.
37'/2
April
$9 per
a
of
1948,
At
1948.
amounted
assignment
July
preferred
June
11,
consummation
dividends
Wisconsin Power- & Light Co.r—New Secretary—
Glydewell
ha$ further
Brothers
2073.
.
unanimously1 declared it to be the intention
and policy of the
company to pay the remaining preferred dividend
arrearages in installments of $2.25 each on Jan.
1,-1949, and April
1, 1949, respectively, subject to funds being legally available therefor
Lever
p.
-
for
cars, and six
bedrooms which
in
now
be
9,490,423
income—
oper.
The company on May 6 filed a letter of notification with thd SEC
1,600 shares of 5% cumulative preferred stock ($100 par); to be
offered at par.
Underwriters are Leedy, Wheeler & Alleman, Orlafido,
trains,
lightweight
roomettes' and
cumulative
holders
subject
be
in
•
,
May
1
of
one
ry.
•^Deficit.
Productions*^To Pay Div. Arrearages—
on
payable
Oct.
and
streamlined
new
from
Net
railway.™
railway——
•
■
'
completely
containing
nov;
:
the
on
two
1—
from
Net
■
;
(est.)—
Non-operating
Gross
•A
(J.) Weingarten, Inc.—Places Issue Privately—Allen &
Co. announced May 11 that it had
placed privately $3,000,000 15-year 33/4% notes, due May 1, 1963.-~V.152,
p. 2726. :
v:
incoinc__
Net
Saies
—V.
income
of
electric,
1G7, p. £89.
309,600
254/000
$7i8,045
S659/717
631
"
^"791
2,251
2/120
$250,089
income
income: deductions
A
110,000
$207,298
109,600(
$249,453
..Operating income
8-
11-15
Lehman
'■
income
Net
7,812,632
3,033,795
cars
cars
•
.
addition,
See
8-16
75c
Corp.,
Company's properties.—V.
'.♦*
Sales of "(OfiO'6- omitted)
2,735,778
are
coaches
2073.
J
*, ■*
(William R.)
755
—III
'
,
'The board
$1.25
Co.
5%
2
the
to
1 '•
-.
(quar.)
'
on
ordered
tively, to record
respectively.
1
4-16
Securities
*Adjustmqit" —'S~—.-
New
signed
10-year book
directors have declared two
6-
U
6-12
•
75c
Co.—
(quar.)
Common
^
(quar.)
Securities
(quar.)w—w
35c
6-12
'¥
1,765,728
preferred
:
b- 3
,v
2,542,748
the
5-
io2.27;
interest, amortizati'on of* debt, eic.__-
4,089,818
the
5-14
6-12
75C
.
West
par)
The
1947
recently
a
"
5-21
;v
The
and
Other
9,381,896
5-14
6- 1
$1
(s-a)
Extra
West
common
V8-12
1
Ten other bids
were:
Co.; 1100.091;
$tid Merrill Lynch, .Pierce, Fennery&-Beane,
iht: bny ton|-tem debt'
-
cost
conventicnal
each
31,000,000
0-16
8-16
15c
In
'
v-
($100
par).'
one
**
./•.
■
1,502,661
unpaid accrued dividends
1
10-15
355.
&
'Vi.Ivyy"': -.f Iv '
2,384,173
sleeping
p.
^
one
other
35c
1
'}
The
J
y
Manufacturing! Co...—
1
Union
will be applied to
v
.
8,459,285
-
-
eight lightweight
,*
1
6-
.
Net
Walt Disney
:V 5-18
1
'
Wentwdrth
'
'
5-21
6-
1
••
Also
167,
6-
s&.i; 25c
Mills—
1
to
passenger
25c
20o
& Northern RR.—
6-15
6-
■
•
Offei^d--iWhite; ^ld
letter of notification with the SEC
a
stock
1948
income^—
replace
$1.13
Corp...—
.....
Wellington Fire
'
.
75c
.
*
Wellman
5-17
5-11
...
Common
;r- Wayne; Knitting
.
6-15
5-20
(quar.)..
they
coupon
loan,
1634.
lightweight;
—V.
(quar.)
Waterloo, Cedar Falls
Common
5-17
<$t7
t37ViC
Corp., $3
lo,;- inc.,
Operating income
bank
Co.-^File0 Wito SEC^
($100
V
announced
of
200
'
&
102.0599;
vGros*. Income
Stock
purposes.—V.
railway
p.
motives.
Gooderham & Worts-
(Northam)
Warren (S.
1
5-14
5-10
'6-12
167,
was
one
Quarterly
.^Warren
;
6-10
u
3Vis;
as
ExchangWCdin-' fe'Nbji-operat ing llncb3ijf-:--
$10,000,000
$18,745,483 has been ordered by the company,
May 2 by Arthur K. Atkinson, President.
In-'
eluded
in
the order are
ten
4,500 horsepower Diesel freight locomotives, six 4,000 horsepower
Diesel
road
locomotives,
one
2,000
horsepower Diesel passenger locomotive, seven 1,000
horsepower Diesel
switching locomotives, and five 660 horsepower Diesel
switching loco¬
:;v 7-15
2
6-2
$30c
(quar.)v;:
f Walkef & Co. 'class
6-
8-
V
20c
Mines, Ltd...
preferred
*-<
May 7 filed
railway—.
oper,
Equipment
it
1
■■A 6-21;
37Vic
Walgreen- Co., Oominon (quar.)...
;
6-
3%
Peabody
*
f.Wabash RR.—Will Spend $18,745,483 for-Equipment—
5
•
(quar.)
;r Vogt
v>Waite
6-21
bonds
From Jan.
5-17
1
bid of 100.19.
a
'"'
5-21
6-
t3VAc
Kidder,
on
a
100.047.
A1;,": y.':
1
,■; 20c
..
....
Virginia Dare, Ltd., 5% preferred (quar.)__
Virginia Elec. & Power, com. initial
quar.)
its
railway
from
5-14
6-1
•
30c
Co.,
11
For
Operating ^revenues
$7,956,180 $7,031,299 "S26.332,102 923,550,748
GperaMng'expettsesiL.Vi«-:- r5-,226,493^ f4;16&,202
I6,978,864 ;lT,715^)03
501,452
385,667
2,172,344^ t,728,152
is
a*
Depreciation ^----—"Li525,000
670,000
2,235,000 ' "2,5 lSjOOd
Taxes,-other ihan Fed*.',<•er*l :.lhcbme- -.1.
898,488
828,971
I3^e3;895 l4^2bjidi ■
Federal
ir.c.
tax
(est!)
136,600
250,000
^26;60pii
?380^oO:
FroiH Jan. 1—
Gross
.
"
$1,000,000
...$2,154,057. $3,219,689
railway___
272,358
1,362,375
oper. income™
162,276
837,786
'
1
12-
'
-
from
and Drekel
Li
May
sale.
100.15;
extensions
v.-
»
from
$1.25
Chemical
March—
2
6-1
(quar.)....
Bonds Offered—A group
—
Mai^tenancb S-
Virginian Ry.—Earnings-
Net
f:-'* • Victor Equipment' Co.
y ^ Virginia Coal & Iron (quar.)
by
common
for construction
6-21
preferred
Vick
•
of
$1.25^
:-(quar.)'l^www^www--ww^w''
reduced
(jMSim.)- Hotel
of
of
C
Cd^liw^Banl^
preferred stock
one preferred and
25c
-wi—
<
¥
s."! -y -
shares
50c
i
*-:Ji
v„
company on
964
used
5-10
5%
■
be
12-21
5-20
75c
Steel
»•-.
9-20
'
Venezuela
,
1
units
50c
Corporation and
cumulative
6-19
10-
5%
f
for
5-14
7- 1
62V2c
62Vfcc
Inc
I Vapor Beating
Corp.
£4.
The
€-15
;
week
:
n
the
at
»Net prqeeeds
and
-
"■■■' J
5-14
6-30
62yac
1
Co
5% .preferred
1
has
it
the
of 9.15%
i ;■ 4 v Westchesterlighting;:
1736,
Virginia.
6-21
;
6-30
6-
J2V2C
(quar.).
Van Raalte Co;;
-
6-1
22V2C
—
preferred
Vanadium-Alloy
i Van
--
5-10
7-1
■
25c
Canada
5% prior preferred (quar.)
Valcar Enterprises, Inc
~
50%
■
(quar.)
Co.,-- common..........
&
the
Co.
:
»
Co., New York and P. S. Mosely & Co.;-Boston, on
May 4 offered 8,000 shares of common stock (par $2.50)
at $11.75 per share.
Proceeds go to selling stockholder—
V. 167, p. 2073.
c-
-
Winding
preferred (quar.)
Mines, Ltd.—
Knitting Co.—
prlor^ preferred (quar.)ww-wwwww-wiw™.-
90c
Upper
(
5-25
f:
awarded
was
Corp.,
itip.ey
Non¬
source.
'
&
1
divi-
first
6%
.
7-
:"':t
-
that
167, p.
for
company
Securities Corp., 102.3299; Halsey, Stuart & Co. Inc., 102.31; Harriman
£
the
at
'
"
received
Langley
.
*
r
tax.
^Verney-'Cofp.,-VoBton
6-10
7-15
$3
-.y-
quarters of 1948, and a special of $2 for
the first half of the current year,
}
2 Universal
■
5-17
^ 6-30
U.
?
this
of
May 14 offered $5,000,000 first mortgage bonds,
B, 3% due March 1, 1978 at 100.70% and accrued
Boston
n
Canadian non-residents' tax.
deductible
*x?The^ 'corporation hds reported to the Securities and
.
6-10
(s-a)......^ 60c
*
-
properties
•
6-1
Corp., Ltd....ww-..^w—$12V2C
,-t;United Wallpaper, 4% preferred
(quar.)__w
60c
*
2073.
p.
7%.
tax.
Pictures
Universal
y
-
•
$1.25
r
6-22
-
(Continued from page 12)
:
"
'
56Vie
,,
-Weekly Output-
electric
"jointly,hy' Heniphill/ Noyes & Co.
Thes issue
were
v $1
...
closed
income
I
the
of
on
5-15
Investment News
y 6-14
y 5-24
—-—
U.
& Co.
Series
7-20
^
5-15
.
,
167,
headed
6-19
15c
not
6-15
y\ U. 8. Potash Co.w-ww»-~.w_.—w——35c
6-15
*
U. S. Printing & Lithograph, common
50c ?.■} 6- 1
5% preferred (quar.)
62'/2c
7- 1
\ U» 8. Rubber Co., 8% non-cum. preferred— iV'r:
$2- ^6-10.
Co.
.
W£st Texas! Utilities Co.
y
5-19
'
1
"7r
37Vfcc
(quar.)
General
'
output
J947.—V.
.'••••
,
-
-
over
'5-15
.-"4Ya%
Extra
2
6-2
preferred- (S-a)--«www_«wwwwww^-w-,^'/22%iC','(^:7<l;':v
6-15
% U, 8. Pipe ti Foundry Co,-— ¥ >
5-31*
y.- \Quarterly:
4 700
6-20 !
: ^
8-31*
Quarterly
1—,——w.——*
70c V 9-20
Quarterly j.v '-70O
'12-29
11-30*
r
U; 8. Playing Card«(quar,)».ww«ii*ww—60C/;;■-„T--"'l-''•
6-15
Insurance
Co.
week ended May 8, 1948, totaled 106.741,0Q0 kwh.. an increase
the
output of 97,792,000 kv/h. for the
corresponding
1
^'8- 2
Car
15%;
British
xLess
/.
West Penn Electric Co.Power
25c
(quar.).
Tube.a
&
books
tax
Less
a
>: 5-14
6-15
62y2c
■
Co;
?tPayable In U. S. Funds, less 15%
$Payable in Canadian funds, tax
6-21*
6
7-1
$1.06%
^
For
resident
-
P; 1634.
i
1
6-
Northwestern Mutual Life
($100,000).
construction.—V.n167,
interest.
Steel
436,885
32,129,020
($400,000) and Bankers Life Insurance
f Proceeds will be used to finance
5-17
>
Co.; common, (quar.)——
6-
»■
1
10c
Sheet
210,000
$3,021,306
fund
Co.
Youngstown
5-15
1
6-
w
25c
...
—
Youngstown
"63,149
$j,o»t,b45
thorized the company to issue $1,000,000 first
mortgage
3V2%' bonds, due Nov. 1. 1971 and $500,000 3%% sinking
,
r
10c
—
5-18
6-
$1.75
$2.50
""'"25c
<
Worsted
Cab
charges
18,086
$4,212,234
Co.
convertible preferred
6%
5-26
•
(s-a)_...
®
Extra
5-14
6-
20c
preferred (quar.) ww——————ij*U. S. Hoffman Machinery Corp.—
i > 4lA% participating preferred -(quar.)i—w
U. S. Leather Co., class
6,
5-28
pfd.
omer
:
4'West Coast Telephone Co. —.Securities to Be Sold Privately—On April 29 the Oregon P. U. Commission au-
^
*
5-26
i
preferred
prior
._i
Wyandotte
Yellow
Ylxh%
2Vz%
——————«.
25c
Monthly
5-14
6-
53c
5%
Mfg.,
Monthly
■
-
—_—
(initial)
Wrigley (Wm.), Jr.
>3Monthly ...
'
5-18
1,118/740
$2,565,905
6- 1
convertible
6-29 !
980,y28
$3,231,306
* 4-24
f
cumulative
1
76,577
v
J
income
iBalahd(^'-;Wil.-i'i.
-V. 167,'p. 1736.
4-30
6-
,6-21
V 50c
1
25c
7%
Lines
5-20
4%%
$5'
Universal Pictures, 4'/4%
$1.06%
t> U. S.
Casualty Co., 45c conv. preferred (s-a)
>
22'/2C
f
J U. S. FoiL Co., class A—i.—20c
•■•ft U; S.
4
4-30
(quar.)
preferred <quar.)__
:
6-
5-31
-
74,310
Worthington Pump & Machinery Corp.—
common
-
(net)—
$319,147 -r $239,897
Dividends applicable to pfd. stock for the
period
5-15
5-31
6-
United Pacific Insurance Co»
Class
1
5-28
\New
$3,621,496
debentures due April 1,-1963.7 The bonds will be
sold to Northwestern Mutual Life Insurance Co. and the
5-12
.
$4,194,148
debentures to
6-15
1
1,010,000
"$315,479
$392,819
5-15
6-30
Wa3%
Co.-(quar.)
'
1,914,039
1,303,739
5-31
5-25
$1.75
Improvement (s-a)—656
(final)
W.)
1,010,000
.
J25C
Bonus
.
(F.
84,166
-
6-
-
$40c
,
(s-a)
2,043,777
1,527,902
r
6-15
25c
pfd.
-123,103
84,166
5-28
'i
$50c
(quar.)
6%
6-15
6-10
prior preferred
Ordinary
Woolworth
-
145,286
~
income
Net
-
7-15
; i; 5-17
j i 5-28
25c
31»/4C
Canada, Ltd, (quar.)
Co., Ltd.,
7-31
6" 1
40c
-
common
(monthly)
6%
prior preferred (monthly)
United Molasses, Ltd.—
<
Wool Combing Corp. of
y
-
75c
Cos.™-..*...™™
& Foundry,
(quar.)—
United
6.36%
Co.
:168,140
995
5-3
$1.20
...
(quar.)
preferred
(quar.)
Ltd. (quar.)
Co.,
Governor
&
quar.)
common
>
:■
-
$310,4/4
'
*
5-28
6-1
4Va%
United Light & Railways Co.—.*
7% prior preferred (monthly)
"
5-20
5-12
(initial
Inc.,
>
v
90c
"
207,643
638
5-14
f 6-12
50c
:
.
——
?
,
Mfg.
Woodward
Ltd.
c,
Gas
1
convertible
Woods
5-14
1
6-25
$1.50
„
—
preferred
5-17
6-
-256-
*'.••
—
_—
Electric
5-20
6-
-
5%
Wool worth
(quar.)___
United Engineering
i
preferred
Industries,
.
(quar.) P- $1.12'/2
pfd.
■
"
6-14
5-14
6-30
6-30
$1^0
4Vi%
1
7-
", '•
$393,457
6-1
5-17
a
other
taxes
Income
Gross
5-15
25c
(quar.)
preferred (quar.)
'4.80%
4
/V4'
(quar.)«*
Inc.
Corporations,
Class
6-
6-10
-
65c
(quar.)—
,
preferred
Fastener
Chemicals,
f.
6-1
93%c
—*
Carton,
non-cum.
1
6-
25c
common
preferred
3.60%
<; Other
■
7-.30
8-16.:
^ 7-2
25c v{6- I
Corp. .^-a>
Power,
income &
1948—12 Mos.—1947
$1,219,267 $15,643,729 $12,876,338
528,379
608,846
'Net operating revenue
10-22
I 6-1
6-15
*$25c
Wisconsin Power & Light,
Woodall
(quar.)
Corp.,
6%
6-10
•
;
r
Banksliares
5-17
(quar.)_w
Co.
&
V
.
•
United Air Lines," Inc., 4Vi%
^
30c
-
-
5-17
1
s>ll- 1
$1.75
(quar.).10c
Lace
Mfg
.......
30c
Co.
Electric
6- 1
<quar.)_™_
Carbon,
Car
Oil
Wisconsin
!f', 6- 1
1
5-14
5-10
1948—Month—1947
$1,438,760
-
Property & other taxes
Prop, retire, res. approp.
6-10
'
1
6-
'*
Interest &
9-18
1
27 Vic
-
>■*-***
California
preferred
Union Tank
i
,
10-
■*' 27Vic
*
Rubber
&
35c
Federal
>
revenues
expenses
"*.C" "Federal
;
$1
" 7-1
6-14
12tee••• 7-'^6r1 '»■?■ 8-15
—
6-19
7- 1
7- 2
6-
Wilson & Company,. Inc., common.**....**..
$4.25 preferred (quar.)....:
?$1.06V*
Winnipeg Electric,
common
$50c
5%
non-cum.
preferred (s-a).
,
$$2.50
5-13
Tyler Fixture Corp.,
Union
$25c
Operating
Operating
<
5-10
V 5-24
6-10
$$1.12Vi
Products
Wilsil, Ltd. (quar.)
1
6-
%
6-1
1
6-
*
5-10
5-10
-
*
Wisconsin
(s-a)—
'
61- 1
6- 1
Cement
Wilkes-Barre
8-10
11-10
Unit/ Inc.—
(accum.)—
Salle Street Corp.
(quar.)—
La
quar.)..:
(quar.)
Chlorine
Washington Water Power Co.—Earnings—
Period End. Feb. 29—
5-15
-
,
Mfg."
,'7% non-cum. preferred
(s-a)...
Whiting
Corporation
(extra)..
-
us
(increased
:
^
.
5-14
11-15
6-15
•
Ltd.—
preferred
Whitehall
6-15'
50c
......
Whitaker
Paper Co
-.White'*' Auto- Storesu-(quar.)•'
9-16
8-16
25c
$1.75
preferred
South
(George)'
Wilcox
—
Instrument
Holders
r
.
Electric
Common
6-23
6- 1
25c
25c ■'
$1.06 Y*
Quarterly
Quarterly
Toledo Edison, 4y4% preferred (quar.)
Trinity Universal Insurance (Dallas)
Quarterly
___.l
___
Quarterly
Troy & Greenbush RR. Association
3.8%
5-10
6-10
-
>'
^.'3V2V0
6-15
,
.*
v
;
6- 1
200
.
'
5-18
6-25
When
Monday, May 17, 1948
Share- Payable of Rec.
«
Air Brake...lww.«.-...wM.w-M \ ^ y-sSOc
Electric, "Common—. 256
preferred A (quar.)
^..1...
L.
87Vic
r; 95c
preferred B (quar.).———-—«
6- 1
"
—
Realty & Construction—
Name of Company
Weslinghouse
"Westinghouse
6- 1
7- 1
—
—
Trico
i
(quar.)»_*
preferred
$3.75
'
Mills
Water Associated Oil
Tide
CHRONICLE
P«r
Holders
'
,,
,
,
(initial)v__
common
When
Payable of Rec.
Share
Company
COMMERCIAL'&;• FINANCIAL
$208,089
$720,296
S661.837
;
67,947
3182.142
(kwh.)
32,330,409
259,443
60,157;
4
$147,932
...
351:122
$310/715
30,700.303 114,234,839 100,809,305
-
$460,847
rx
Vdlume 167
Number 4699.
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2179): 51
State and City Department
BOND
arizona
(J-J)/payable at the City Treas¬
Maricopa County School District
}:
(F» 0, Phoenix)i Ariz,
Bond
<
Sale—The $325,000
offered
bonds
May 3—v. 167, p. 1635
purchased as follows:
on
—were
$275,000 Chandler School District
No". 80 bonds to Paine, Web¬
"
ber, Jackson & Curtis, of Chi¬
cago, Kirby L. Vidrine & Co:,
and Kenneth A. Ellis & Co.,
both of Phoenix, at a price of
'
100.007, a net interest cost of
2.84%, as follows: $50,000 as
l%s, maturing on July 1, $9,~
000
'
^
•
in
1949; $11,000 in 1950;
$15,000 in 1951 and 1952; $29,000 as 2s, maturing on July 1,
$15,000 "in 1953; $14,000 in
1954; $42,000 as 214s, matur¬
ing $14,000 from 1955 to 1957;
$56,000 as 2^/2 s, maturing on
July 1, $14,000 from 1958 to
1961, and $98,000 as 2 %s,' ma¬
turing $14,000 from 1962 to
1968, all inclusive. In addilion to the above coupons the
"
'
:
entire issue will bear interest
to total 4%, to July 1, 1950.
50,000 Chandler High School Dis¬
1
trict bonds to'Kirby L. Vidrine & Co., and" Kenneth A.;
•'
Ellis & Co., both of Phoenix,
jointly, at par, a net interest
cost of
000
2.44%, as follows: $4,IV2S, maturing on July
as
"1, 1950; $20,000 as l%s, maturing on July 1, in 1951 and
1952, and$26,000 as i2s,vma: luring/ $10,000
in 1953 and
1954/ and $6,000 in 1955^ ^11;
inclusive. In addition to the
.abpve co.upons, the entire is¬
sue will bear interest lo total
* 3 Vz %
from Jan. 1. 1948 to
July 1, 1949.
'
■;
.
<
•
f
I
-,
•
PROPOSALS AND NEGOTIATIONS
Maricopa County School District
i, %No.,
(P.O. Phoenix),Afiz.
urers
Pinedale
office.* Each bid shall state
rate of
interest at which the bid¬
der offers to
of
be
in
multiples of
V4 of 1%. The opinion of O'Mulveny & Myers of Los Angeles, ap¬
proving the validity of the bonds,
will
be
furnished
Contra Costa
No. 1
j;,
purchaser.
County Water Dist.
(P. O. Martinez), Calif.
Bond Sale—The
1948
the
$90,000 issue of
bonds offered
May 10—
1966—were purchased
on
the
p.mi -(MST)
purchase of
on June3for
$160,000 not to
.
nomination $1,000.
Due
on
July
i,
as follows:- $6,000 from 1949 to
1962; $12,000 in 1983; $15,000 from
1964 to 1967, and $4,000 in 1968.
.
All
bids
must
state
the
rate
County Clerk, will receive sealed
bids until
10.30
:bnd - accrued interest to date
delivery will be considered.
bonds will be delivered at
Phoenix."
5%
A
certified
check
for
the
of
bid,! payable to the
County Treasurer, is required.
Visalia),
Bond
,
™
*
?
1960 to 1968 inclusive. Dated June
Dated June
nomination
1,
as
inclusive.
-
Principal
authorized
at
the
©nMay,21#4947.
Lake
election
held
Village Street Improvement
District No, 6,
Ark.
Fairfield, Calif
Bond Offering—Colin C. Hutcheon;/ City
Clerk, will
receive
sealed bids tmtil 8 p.m. (Calif.
Denomination
Lassen
View
Union
Elementary
School District, Tehama
County (P. O. Red
r;
County School Districts
(P. O. Riverside), Calif.
Bond
Sale-- The
$94,000 con¬
on May 12
—v. 167, p. 2074—were purchased
by the Bank of America National
Trust & Savings Association, of
San Francisco, as 314 s, and 3s, at
price of 100.04. Dated June 15,
Due
serially
June
on
15,
Principal
(J-D) payable at the
County Treasurer's office.
Los
Angeles County Water Works
.
District No. 21(P. O.
s
V
.LosAngeles) ,Calif.
Bonds Sold—An issue of $10,000
bonds
was
pur¬
chased recently by the Bank of
improvement
Trust
&
Sav¬
ings Association, of San Francisco,
as 5s, at a price of
100.51, a basis
of
4.95%.
Dated
March
1,
Investment
Improvement bonds
May 10—v. 167, p.
Co.
of
offered
Little
on
Rock.
DatedMayl, 1948. Due serially
on May
1, from 1949 to 1968 in¬
clusive.
california
Claremoni* Calif,
Bond Offering — Margaret B.
Tooker, City Clerk, will receive
'
sealed
DST)
bids
on
until 7.30 p.m.
(Calif.
June 2 for the purchase
of $65,000
not to exceed 5% in¬
municipal building bonds.
Dated July 1, 1948.
Denomina¬
tion $1,000.
Due on July 1, as
terest
follows: $4,000 from 1949 to 1953,
and $3,000 from 1954 to 1968, all
Inclusive, principal and interest
Trust
Beach,
bids
Approval
notes and the
1948.
1,
Due
serially
June
on
the validity of the
valdity of the requi¬
sition agreement will be
given by
Caldwell,
Marshall, Trimble &
Mitchell, of New York City, and
the expense of such opinion will
be paid by the
Authority.
of
1,
Monroe, Conn.
from 1949 to 1968 inclusive. Prin¬
of America National Trust
Savings Association, J. Barth
Co., both of San Francisco, and
Hilt, Richards & Co. of Los An¬
geles, jointly, at a net interest
cost of 1.949%, as follows:
&
&
■./,/.;■■/
par
and
accrued
interest/ The
bonds will be sold subject to and
the purchaser will be furnished
with
the
favorable
opinion
of
&
Pullman
Comley of Bridge¬
A certified check for 2% of
port.
was
$88,500
purchased
of Los
.
^Dated Junq 1, I$48.
and interest (J-D)
Los
Ramon
Valley Union High
Sch. Dist. (P. O. Martinez),
Centra Costa County, •
*
Calif.
bids will
be received until 11 a.m. (CDST),
on May 17, by W. T. Paasch, Clerk
ot the Board of Supervisors, for
the purchase of $269,000 school
bonds. Denom. $1,000. Dated July
1, 1948. Due on July 1, as follows:
$10,000 in 1949 to 1954; $14,000 in
1955, and $15,000 in 1956 to 1968,
all incl. Principal and interest
(J-J)
payable at
the County
Treasurer's office in Martinez*in¬
terest rate is not to exceed 5%, at
Bond Offering—Sealed
not less than par and accrued
in¬
The
terest to date of delivery.
legal opinion of Orrick, Dahlquist,
Neff, Brown & Herrington, of San
Francisco, will be furnished to
the purchaser free of charge.
Ramon
Junction), Colo.
Bonds Publicly Offered — The
First National Bank of Chicago
is
offering for public subscription
$131,000 2%% refunding bonds.
Denomination
$1,000. Due on Oct. 1, as follows:
$7,000 from 1949 to 1951; $8,000
from 1952 to 1955; $9,000 in-1956
and 1957, and $10,000 from 1958
Dated April 1, 1948.
to 1963 inclusive.
Bond Offering—W. T. Paasch,
Oakdale, Calif.
County Clerk, will receive sealed
Bond Sale—The $50,000
sewage bids juntil 11 a.m. (Calif. Daylight
disposal bonds offered on May 4 Savings Time) on May 17 for the
were
purchased by the Bank of purchase of $269,000 not to exceed
America National Trust & Sav* 5% interest construction bonds.
Dated
July 1, 1948. Denomination
Dated June 15, 1948. Due on June $1,000.
Due on July 1, as follows;
15, as follows: $3,000 from 1949 to $10;000 from 1949 to 1954; $14,1958, and $2,000 from 1959 to 000 in 1955, and $15,000 from 1956
1968, all inclusive.
The approv¬ to 1969, all inclusive.
Principal
ing opinion of Orrick, Dahlquist, and interest (J-J) payable at the
Neff, Brown & Herrington of San County Treasurer's office. • The
Francisco,
will
be ; furnished. legal opinion of Orrick, Dahlquist,
Principal and interest (J-D) pay¬ Neff, Brown & Herrington of San
able at the County Treasurer's Francisco, will be furnished with¬
office.
out cost to the purchaser.
■4
of
1948
-Windham, Conn.
Bond 'OfferlngM-J. ■ Francis Mor-
iarty,
Town
ceive
sealed
Oct.
1,
1958, or
on
any
interest
on
lr from 1949 to 1958 incl. Prin--
Bonds maturing
payment date thereafter.! Princi¬
offered
eipal and interest (M-N) payable'
at the Bridgeport-City Trust Co,
Bridgeport. The next highest bi
der was R.' L. Day & Co., for
V/2s, at 100.48.
"
30 days' published notice on
upon
$225,000 school,
bonds
May 13v.< 167, p. 2075 — were,
purchased by Putnam & Co., of
Hartford, as 1.40s,. at a price ofi
,100.025, a basis, of 1/494% ^ Dated/
May 1, 1948. Due serially on May
from 1959 to 1963, are redeemable
at par in inverse numerical order
(DST)
Treasurer,
bids
May -17
on
will
until
for
re¬
3
p.m.
the
pur-n
chase.of $600,000 high school cou¬
pal and interest (A-O) payable at
pon
the United
Denomination $1,000.
Denver.
States National Bank,
Approved
by Pershing,
as
to legality
Bosworth,
Dick
&
Dawson of Denver.
on
bonds.
Bond Offering—John A.
will
Irving,
receive
sealed bids until 3 p.m.
(DST) on
May 19 for the purchase of $400,000
elementary
school
coupon
bonds.
Dated May 1, 1948.
De¬
nomination $1,000.
Due $20,000
on
par
,
and
Bidders to
of
interest
of
a
name
Hartford-Connecticut Trust Co. of
Hartford.
Certified by/ and
livered at the above named
de¬
bank^
subject
Berry
to
&
about
legal opinion of Dayv
Howard of Hartford,
June
1,
1948.
A
certified
check for $5,000 is required.
florida
the rate
Island
Diston
multiple of 1/10
Registerable as to prin¬
ciple only.
Payable at, certified
by and delivered at the Mystic
River National Bank, of Mystic
River, subject to the legal opinion
of Day, Berry & Howard of Hart¬
ford.
No? bids for less than par
and
accrued .; interest.
A certi¬
fied check for $5,000 payable to
the Town, is required.
No bids for less than
interest. Prin¬
cipal and interest payable at the
1%.
in
the rate
a
accrued
May 1, from 1949 to 1968 in¬
clusive.
name
multiple of 1/10
Registerable as to princi^
pal only.
(P. O. Poquonnock
Bridge), Conn.
Treasurer,
Bidders to
,
interest in
of 1%.
Town
Dated
May 1, 1948.
Due $30,000,
May 1, from 1949 to 1968 in¬
clusive.
of
connecticut
Valley Union High
Calif.
the purchase of $1,-
Bond Sale—The
College ^District Mesa
County (P. O. Grand
School District, Contra Costa
County (P. O. Martinez),
19 for
098,200 temporary loan series M-l
notes, :.Dated May 25, 1948. . Due
series
Croton
Sari
May
colorado
Junior
Angeles.
San
principal
payable at the.
City Treasurer's office.
The next
highest bidder was Blyth & Co., May 25, 1949. The validity of the
William R. Staats Co., and Braun, notes and the guaranty will be
Bosworth & Co., Inc., jointly, for approved - by Caldwell; Marshall,
$300,000 as 2s, at 100.175 and $50,- Trimble & Mitchell of New York.*
000 as l%s, at 101.054.
^Trumbull, Conn.,.
-i
gality by O'Melveny. & Myers of
legality by O'Melveny & Myers
of Los Angeles.
ings Association of San Francisco.
t
Bonds Sold—An issue of
construction bonds
to
$91,000 street
B.
$300,000 water works bonds, as the face value of the bonds, pay2s, at a price of 100.246. Due ' able .to the Town Treasurer, is
serially on June 1, from 1949 required.
vV >
? .
to 1968 inclusive.
Jv
x
50,000 sewer, 1948 bonds, as 1S/4S, Stamford Housing Authority, Conn,
at a price of 100.658.
Due | / Note/Offering — R o b e r t S.
Round Valley School District, Inyo
serially on June 1, from 1949 Demms, Secretary, % will receive
County (P. O. Independence),
to 1958 inclusive.
sealed bids until 1 p.m. (DST) on(
Calif.
struction bonds offered
2074—were
purchased by the W. R. Stephens
Sale—The
G.
(EST) on May 20 forthe purchase of $3,029,000 tempory loan 46th series notes. Dated
May 27, 1948.
Due Nov. 30, 1943.
San
Bank
Riverside
recently by R. H. Moulton & Co.
Angeles, as 2%s, at a price
$1,000. Due
of
100.11,
a
basis of 2.737%.
$5,000 on Dec. 1 from 1949 to
Dated May 1, 1948.
Due serially
1973, all inclusive. V Principal and
on May 1,
from 1949 to 1966 in¬
interest (J-D) payable at the City
clusive.
These are the bonds au¬
Treasurer's
office;
A
certified
check for 5% of the amount of thorized at the election held in
March, 1948. Approved as to le¬
bonds' bid for, is required./,
1948.
1936.
Due on March 1, as follows:
$600
from 1951 to 1958; $800 from 1959
to 1963; $700 in 1964, and
$500 in
1965, all inclusive.
Approved as
Bond
the
—
until 1 p.m.
.
America National
r
are
.
phens
Investment Co. of Little
Rock, as 2%s.
Due serially from
1 to 20 years. These are the bonds
in¬
County
on
and interest
Bonds Sold—An issue of $200,000 '* County 1hospital/: bonds was
sold recently; to the W. R, Ste¬
and
terest (J-D) payable at the
Treasurer's office.
These
Bonds Voted — At an election
(Calif. Daylight
May 18 for the held on .April .6 / the voters au¬
purchase of $285,000 not to exceed thorized the issuance of $645,000
5 %. interest school bonds. Dated bonds as follpws:
July 1, 1948. Denom. $1,000. Due
330,000 Hemet Union High Schoo
serially on July ' 1, as follows:
bonds.
'
$14,000 from 1949 to 1963, anc
315.000
; Hemet
Valley
Union
515,000 from 1964 to 1967, all incl.
School District bonds.
1948.
Arkadelphia), Ark.
bonds
ing
1, 1948; De¬
$1,000.
Due on June
follows: $1,000 from 1949 to
1963, and $2,000 from 1964 to 1968,
i
a.m.
Savings Time)
trom 1950 to 1970 incl.
Clark County (P, O.
$29,000 build¬
offered on May 10—
& Savings Association, of
Francisco, at a price of 100.10,
net interest cost of 3.038%, as
follows: $11,000 as'3V4S, maturing
$1,000 from 1949 to 1959, and $18,000 as 3s, maturing $2,000 from
bonds,
Calif.
Offerings-Gladys Stewart;
bids until 10
a
Arkansas
Sale—The
v.
167, p. >1854—were purchased
by the Bank of America National
a.m.
Time)
Housing Authority, Conn.
Offering
Chairman, will receive sealed
Bond
(Calif. Dayon
May 25
Savings
County Clerk, will receive sealed
of
The
Note
for the purchase of $25,000 not to
exceed
5%
interest
building
"ight
Hartford
.
Interest: .to' be paid. Interest .pay¬
able J-J.
No bids for less than
par
of
Contra
County (P. O. Martinez),
bonds authorized at the election cipal and interest (J-D) payable
v Bond
167, p.
Offering—A special com-,
A certified at the County Treasurer's office,
mittee of the Town, will receive
by the Bank of America National held on March 23.
Trust & Savings Association, of check for $1,000 payable to the
sealed bids at the Bridgeport-City '
Westminster Sch, Dist., Orange
San
Trust
Francisco,
at
a
price
of Board of Supervisors, is required.
Co.,
961
Main '> Street,
i
County (P. O. Santa Ana),
100.154, a net interest cost of
Bridgeport, until 3 p.m. (DST) Palo Alto, Calif.
Calif4
on
3.725%, as follows: $15,000 as 3%s,
May 20 for the purchase of
Bond Sale—-The $125,000 mu¬
Bond Offering -—B. J. Smith, $67,000 not to exceed 3% interest
maturing $3,000 on May 1, from
improvement
of
1947 County
1949 to 1953, and $75,000 as 3%s, nicipal
Clerk, will receive sealed school purposes, series of 1948
bonds offered on May 10—v. 167,
bids until May 25 for the purchase coupon
maturing $5,000 from 1954 to 1968
bonds.
Dated
June
1,
inch Dated May 1,1948. Principal p. < 2074—were purchased by the of $75,000 building bonds.
Dated 1948.
Denomination $1,000.
Due
First National Bank, of Chicago, June
and interest (M-N) payable at the
1, 1948. These are the bonds on June 1, as follows: $4,000 from
as
l%s, at a price of 100.151, a authorized at the election held on 1949 to
County Treasurer's office. The
1955, and $3,000 from 1956
net interest cost of .1.7383%. Dated
next
to
April 16.
highest bidder was John
1968, all * inclusive. Principal
July 1,1948. Due serially on July
Nuveen &.Co., for 3%s, at a price
and iinterest >(J-D) Vpayable
at
Whittier, Calif.
1, from 1949 to 1973 inclusive.
of 100.132.
the
Bridgeport-City * Trust
Co.;
Bond Sale—The $350,000 bonds
Principal and interest (J-J) pay¬
Bridgeport, i Bidders to name one
Dinuha Joint Union High Sch. Dist., able at the
"City Treasurer's of¬ Offered on May 10—v. 167,' p. rate of interest in
multiples of
Tulare County (P. O.
1859—were
:
fice.
purchased / by
the 1/10 of 1%. No bid for less than
v.
-Bond Offering —James E. De ; DST) on May 18 for the purchase
Souza, Clerk of Board of Super¬ of $125,000 3% municipal dm
visors, will receive sealed bids provement bonds. Dated June 1,
until 2
School District,
Hill
Costa
Bondi' Offering—E. Dusenberry,
.
exceed 4% interest -school coupon
bonds.
Dated Jan. 1, 1948. de¬
Vine
■
all
buy the bonds. Rate
interest to
Fresno
Calif.
delivery, the
premium offered, if any, and the
School District,
Countyf(P. O, Presno)0lMM.
the bidder offers par and accrued
interest to date of
Drainage
District
,
(P. O. Clewiston), Fla.
,
Sealed Tenders Invited—Sealed
tenders will be received by R.
Yi
until noon
1, of refunding/bonds,
dated Jan. 1, 1946.
Bonds Pur¬
Patterson,-President,
on
June
chased
Florida
shall
Bank
be
&
delivered
Trust
to
thST'
Co., West
Palm Beach, within 10 days after
acceptance of tender.
to
Lee County (P. O.
fort Myers), Fla.
4
'
THE COMMERCIAL
(2180)
;2
Call—The State Board of
Bond
•
Administration,
the
to
successor
of
Hoard
County Commissioners,
fjas elected to exercise its option
ix> call for and redeem
July 1,
on
and
jcoad
bridge refunding bonds
aggregating $15,000.
JDated July 1, 1939.
Due July 1,
Hos. 97 to 111,
1953/, Holders of said bonds are
notified to present their bonds for
payment with all coupons atitached, to the paying agent, City
Bank
Farmers
Trust
Co., New
York City, where redemption will
t>e made at
terest
the
on
terest
ceases
Polk
date
on
In¬
named.
date called.
Districts,
interest
water
1,
as
1958,
and
$2,000
inclusive.
1963
from
Bids
1959
to
interest
on
must be in
multiples of V\ of 1%.
split rates will be accepted.
No
bids for less than par and ac¬
crued interest to date of delivery
No
will be considered.
interest
First
(M-N)
National
Principal and
payable
Bank
of
at the
Chicago.
Chapman & Cutler, of Chicago.
check for $1,000 pay¬
certified
Island
Rock
County
Bonds Voted
t
r
the
purchase
Dated
Nov.
on
1949
1,
to
$38,000
of
May 1, 1948.
follows: $5,000
as
1955, and $3,000 in
Bidders should
1956.
specify the
interest rate, and all other condi¬
—
inclusive. $12,-
crued interest
A
certified
check
for
of the amount of bonds bid
Co.,
were
public auction, for $153,000 sewer
bonds
as
2 y4 s,
at a price of
101.9607, a basis of 2.086%. Dated
May
1, 1948.
Due
on
1,
Nov.
as
1949 to 1951;
1952; $9,000 from 1953
1961, and $10,000 from 1962 to
to
At an election
voters ap¬
of $65,000
1967
inclusive.
Approved
as
2y4s, at 101.928.
Harlan, Iowa
Clay Center, Kan.
clusive.
t, 1938.
Holders
are
notified
are
to
present bonds for payment at the
Irving Trust Co., New York City.
Interest ceases on date celled.
•i U
ILLINOIS
r?
"
Arlington
Noblesville, Ind,
dated Jan.
Heights Consolidated
Bond Offering—Louise
Clerk/ Treasurer,
City
ceive
sealed
(DST)
Bond Sale—The
,
Decker,
will
re¬
on
bids
until
2
p.m.
May 28 for the purchase
of $460,000 not to exceed 3y4% in¬
terest sewage works revenue cou¬
pon bonds.
Dated June- 1, 1948;
Denomination $1,000.
Due $5,000
Jan. and July in 1951 and 1952;
$6,000 Jan. and July 1, from 1953
struction bonds authorized at an id 1956; $7,000 Jan, and July 1,
election held recently have been from
1957 to 1959; $8,000 Jan. and
cold;
July 1, from I960 to 1963; $9,000
J.\
* y
t\,i
-■
V',0 ,«•*'> "'
'•>
Jan. and July 1, from 1964 to 1970,
Decatur Park District} III,
and $10,000 Jan. and July 1, from
Bond Offering—Paul C.
Sanner,
School District No. 59, III.
Bond Sold
The $70,000 con¬
i
offered
-j.
:
Secretary of Board Park Commis¬ 1971 to 1978. All bonds are re¬
sioners, will receive sealed' bids deemable at the option of the City
on Jan.
until 7.30 p.m. (CST) on
1, 1949, or any interest
May 20
for the purchase of
$120,000 cou¬ payment date thereafter, in their
inverse numerical order, at the
pon bonds divided as follows:
$70,000 park improvement bonds.
Due
on
Dec.
1,
follows:
as
face
value
May 8—v. 167, p. 1967
purchased by Stern Bros.
& Co., of Kansas City, at a price
on
or
before
Jan.
1, 1954; 6% if
redeemed after Jan. 1, 1954, and
from 1953 to 1956 inclusive.
on or before Jan.
1, 1949; 4% if
50,000 airport bonds.
Due
on
redeemed after Jan. 1, 1959, and
Dec. 1, as follows: $8,000 in
on Or before Jan.
1, 1964; 2% if
1949; $10,000 from 1950 to
Redeemed after Jan. 1, 1964, and
1952, and $12,000 in 1953, all
prior to maturity; plus in each
inclusive.
$10,000
in
1952
and
$15,000
case
Bated May 1, 1948.
^Greater Rockford Airport Author•
ity (P. O, Rockford), III.
Bond Sale—Glen L.
Albertstett,
Secretary, will receive sealed bids
until 2 p.m. (CDST) on
May 20
for the purchase of
$750,000 not
io
exceed
interest
airport
1, 1948.
De$1,000.
Due $50,000
June 1, from 1953 to 1967 in¬
fconds.
'
3%
v
•
redemption, provided notice of
such redemption shall be given at
least, 30 days prior to the redemp¬
tion date by one publication in a
newspaper or financial journal of
general
Principal
and
interest
fJ-D) payable at the office of the
"Treasurer of the Authority. Bid¬
ders
will
name
the
rate
rates
or
of interest
in multiples of */4 or
1/10 of 1%.
The approving opin¬
ion of Chapman &
will be furnished
the
•
pal airport of 1948 bonds offered
May 12—v, 167; p. 2075—were
purchased by Frank E. Hailstone
& Co., of Cincinnati. Dated
May
15, 1948. Due serially on Jan. and
July 1; from 1949 to 1957 inel.
S haws wick
Chaser without cost. Purchaser to
furnish printed bonds.
tified check for $7,500
payable to
Ifie Authority, is required.
cjt
'■
Park
Ridge, III.
Bond Offering—L. E.
*tity
Clerk,
will
jbids pntil 8
p.m.
,
(CST)
18 for the purchase of
.V
>Vy
Fleissner,
receive
sealed
on
j
101.278, a net interest cost of
1.638%, as follows^ v
$125,000 1 lk % light and water
plant bonds.
Due serially on
Aug. 1, from 1949 to 1953 in¬
v
clusive.
125,000 2% light and water plant
bonds.
Due serially on Aug.
1, from 1954 to 1958 inclusive.
Dated
bidder
Sale—The
$80,000 school
April
1,
F-A.
payable
The
was
1948.
Barret,
Interest
next
highest
Fitch & Co.,
at 101.261.
May 1, 1948/ Due serially on May
1, from 1949 to 1962 inclusive. The
next
ot
highest ; bidder f was / Fox,
o& Co•^for#€H^»>Mce
10p.l8.«
\mo'.i
si&e*
H.
—
Clyde Reeves,
Finance Officer, calls
Nos. 10 and
Illinois
tional Bank & Trust
'■
Calloway County (P. O.
Murray), Ky.
H. Clyde Beeves,
May
12—V.
167,
offered
on
1855—were
purchased by Weil & Co., of New
Orleans. Dated Aug. 1, 1947. Due
serially on Aug. 1, from 1949 to
1977 inclusive.
New Orleans, La.
Bond Offering—Sealed bids ad¬
dressed
to
Horace
P.
Phillips,
Secretary of Board of Liquidation,
City Debt, will be received at
room
601
Sewerage
&
Water
Board Bldg., New Orleans 12, un¬
til 11 a.m. (CST) on June 1 for
the purchase of $2,500,000 series
A grade separation bonds.
Dated
July 1, 1948. Denom. $1,000. The
bonds are to mature serially on
July 1 from 1950 to 1988 inclusive.
Bidder to
state
amount
of
bonds
to
mature annually in such man¬
ner
that when annual interest
charges
added, the annual
are
re¬
quirements of both principal and
interest
equal.
able
on
will
be
approximately
bonds shall be call¬
The
in
inverse
and after
numerical
July 1, 1968,
order
on any
or%■ rates
iof
Bank
&
interest to be
ex¬
pressed by the bidder in a mul¬
tiple of f/8 of 1%. Principal and
interest (J-J) to be payable at
such agencies in New Orleans or
sealed bids until
7.30 p.m. (CST)
17 for the purchase of
$40,000 not to exceed 3% interest
on
May
A bbeville),
bonds.
was
purchased
1,
from
1949
serially on June
1968 inclusive.
to
MASSACHUSETTS
Attleboro, Mass.
Bond
Sale—The $100,000 sewer
bonds offered
May 11—v. 167,
purchased by the
Corp. of Boston, as
1 V2s, at a price of
100.807, a basis
of 1.347%.
Dated June 1, 1948.
on
p; 2076—were
Lee Higginson
Due
serially oh June 1, from 1949
Principal and
1958 inclusive.
to
interest (J-D) payable at the First
National Bank of
Boston.
The
next highest bidder was
Halsey;
Stuart & Co., for 1 V2s, at 100.657,
Berkshire County
Pittsfield),
(P. O.
Mass.
Note Sale—The $200,000 tax an¬
ticipation notes offered on May II
were purchased by the Second Na¬
tional Bank of Boston, at 0.71 %
discount.
Due in
approximately
six
months.
bidder
The
the
was
next
First
highest
National
Bank, Boston, at 0.78%.
Centerville-Osterville Fire District
(P. O: Box 322, Osterville),
Mass.
Ifote Sale
The
$27,000 water
May 5 were;
purchased by the Hyannis Trust
Co., of Hyannis, as l3/4s, at a price"
notes
—
offered
on
100.126,
interest
net
a
cost
of
bonds maturing from
1952 to 1955, as l3/4s.
These are
and
the bonds authorized at the elec¬
tion
on
Concord* Mass.-
re¬
cently by Newman; Brown & Co.,
of New Orleans,
at a price of
March 23.
Sale—The $135,000 water
Note
notes offered
on May 6 were
pur¬
by Estabrook & Co., as
l3/4s, at a price of 101.166, a basis
chased
of 1 589%, Dated
May 1, 1948. Due
May 1, from 1949 to 1963
Principal and interest
(M-N) payable at the Day Trust
Co., Boston.
The next highest
$9,000
on
inclusive.
bidder
was
the Day Trust
Boston, for l%s, at 101.12.
MARYLAND
Co.,
Framingham, Mass.
Hartford County
(P. O.
Belair), Md.
Sealed
until
bids
11
will
(DST)
a.m.
be
received
May 19,
Hartman, Clerk of County Com¬ by John P. Dunn, Town Treasurerj
for the purchase of the followingmissioners, will receive sealed
bids until 11 a.m. (DST) on June coupon bonds aggregating $735,Bond
Offering
Baltimore,
—
Charles
H.
or
at the option of the
on
500:
$485,500 senior high school addi~
tion bqpds, Due on June 1, as
follows: $26,500 in 1949; $26,000 in 1950 to 1953; $25,000 in
1954 to 1958; $24,000, 1959 to
1963, and $22,000 in 1964! to
1968, all inclusive.
170,000 sewer loan bonds. Due on
June
1,
1949
to
follows: $9,000 in
1958, and $8,000 in
1968, all inclusive;*
50,000 water mains loan bonds.
Due on June 1, as follows;
$4,000 in 1949 to 1953, and
$3,000 in 1954 to 1963* all in%
as
1959 to
elusive.
30,000
street
construction
loan
holder at the First National Bank
bonds.
of
1, 1949 to 1958, inclusive.
Belair.
Rate
in multiples of
Washington
of
Louisville, and the printed
bonds^A
certified
check v for
$1,009 ,:payable to the City, is
require"i
net interest cost of 1.99%. Dated
$90,000
Dated
City will furnish the approving
legal opinion of Wyatt & Grafton
&
at 100.09.
La.
2 for the purchase of $4,000,000
not to exceed 5% interest public
May 1, 1948.
school construction of 1948 coupon
Denomination $1,000.
Due $2,000
bonds.
Dated July 1, 1948.
Due
on May 1, from 1949 to 1968 in¬
on July 1,
as follows: $140,000 in
clusive.
The bonds will be sub¬
ject to redemption prior to stated 1952; $143,000 in 1953; $147,000 in
maturities at the option of the 1954; $150,000 in 1955; $154,000 in
1956; $158,000 in 1957, $160,000 in
City, on May 1, 1951, or on any
interest payment date thereafter 1958; $165,000 in 1959; $170,000 in
1960; $174,000 in 1961; $176,000 in
upon 30 days' prior published no¬
1962; $180,000 in 1963; $187,000 in
tice at 103, until May 1,
1956;
1964; $190,000 in 1965, $195,000 in
thereafter ; at 102 until" May
1,
1966; $200,000 in 1967; $205,000 in
1961; and thereafter at 101. Prin¬
1968; $210,000 in 1969; $216,000 in
cipal and interest (M-N) payable
1970; $222,000 in 1971; $226,000 in
at the Kentucky Farmers
Bank,
1972, and $232,000 in 1973. Princi¬
Catlettsburg. Bidders shall stipu¬
pal and interest. (J-J) payable at
late one or more
sewer
Watts
of 100.18, a basis of 1.712%. Dated
as the Board of
May 1, 1948.
Due serially from
Liquidation may designate. Legal¬ 1949 to
1963 inclusive. Principal
ity of the bonds to be approved by and interest
(J-D) payable at the
Wood, King & Dawson of New
Day Trust Co., Boston. The next
York City.
highest bid was submitted by the
Vermillion' Parish (P» O.
Day Trust Co., Boston, for l%s,
Catlettsburg, Ky.
Offering — George
D.
Rooker, City Clerk, will receive
Merchants
New> York City
Trust
Bond
on May 11
1968—were purchased
p.
the
June 1, 1948. Due
interest payment date, at a price
of 102 and accrued interest.
Rate
iy4s,
Fidelity
Co., Louisville.
167,
v.
p.
1.61%, as follows: Bonds matur¬
ing on June 1, 1949 to 1951, as
Citizens
ty school bonds offered
a
$300,000 public
bonds
for
Officer, calls
payment on June 1, the 5%
road and bridge refunding
bonds,
Nos.
31
to 40
inclusive, dated
March 1, 1941. Bonds should be
presented
for
payment
at
the
County (P. O.
Salisbury), Md.
Trust
Co.,
Co., and Stein
Bros. & Boyce, all of Baltimore,
jointly, as 2s, at a price of 100.06,
State Local Finance
—
Wicomico
Baker,
District, Lai'
improvement
May 1, from
Bond Sale—The $520,000 Coun¬
Co., Chicago.
Lake Charles First Sewerage
Bond Sale—The
on
Co., jointly, for 3s, at 100.384.
by
building bonds
KENTUCKY
Bond Call
Na¬
serially
interest
payable M-N.
The
next highest bidder was Alex.
Brown & Sons, Commerce Union
Bank, Nashville, and Thomas &
11, dated June 1, 1941,
Continental
the
at
Bond Sale—An issue of
building bonds offered on May 11
interest rate in
—v. 167, p. 2075—were
purchased
by the City Securities Corp., of multiples of y4 of 1%. These bonds
were
authorized at the general
Indianapolis, as l3/4s, at a price of
100.406, a basis of 1.689%. Dated election held on Nov. 4, 1947. The
May
$20,000 not
Township School
Township (P. O.
Bedford}, Ind.
Bond
bids
for less than par and accrued in¬
terest will be considered. A cer¬
Richmond, Ind.
pn
pur-
; No
in
Bond Sale—The $50,000 munici¬
Cutler, of Chi¬
cago,
published
City of Indianapolis, and the
City of Chicago.
Dated June
clusive.
circulation
the.
aaomination
«m
interest to the date fixed for
on
of
thereof
plus the fol¬
lowing premiums: 8% if redeemed
$250,000 bonds
—were
~
'
Call
O.
of Washington,
1988 inclusive.^ Principal
to
and
payment on June 1, the 4%
road and bridge refunding bonds,
to
legality by Chapman & Cutler, of
Chicago. The next highest bidder
was Shaw, McDermott &
Co., for
Ferris & Co.,
C., as 2%s, at a price of 100.325,
basis of 2.852%.
Dated May 1,4
for
the successful bidders at
Gary School City, Ind.
Bond Sale—The $225,000 elec¬
10,000 District No. 10 bonds; due
Bond Sale
The $800,000 im¬ tric
revenue
bonds* offered on
Jan. 1, 1958, NOs. 401 to 410
provement bonds offered on May May 11 were purchased by the
inclusive,
11—v.
167, p. 1855—were pur¬ Carleton
D.
Beh
Co., of Des
.15,000 District No. 12 bonds, due chased by Halsey, Stuart & Co.,
Moines, at public auction, as 2l/zs,
r
Jan. 1,. 1957, Nos. 349 to 353 Paine, Webber, Jackson & Curtis at a price of 100.044. Dated
May
"/;• inclusive and Nos. 359 to 368 of Chicago, and the City Securi¬
1, 1948.
The next highest bidder
inclusive.
ties Corp. of Indianapolis, joint¬ was Shaw, McDermott & Co., for
; 1,000 District No. 15
bonds, due ly, as 2s, at a price of 100.333, a
2i/2s, at 100.040.
V
-Jan. 1, 1957, No.-167.
basis of 1.967%.
Dated June 1,
.S,000 District No. 16 bonds, due 1948. Due serially on June 1 from
KANSAS
Jan, 1, 1953, Nos. 66 to 70 in¬ 1958 to 1960 inclusive.
All of the bonds
Bond
State Local
Halsey, Stuart &
—
D.
a
1948. Due
Wolfe County (P.
Carnpton), Ky.
were
com¬
redge & Co., both of New York, F.
W. Craigie & Co., of Richmond,
and
1949
payment at the Central Han¬
Bank & Trust Co., New. York
City.
1968 —
syndicate
p.
posed of Phelps, Fenn & Co., Eld-
over
Audubon, Iowa
Bond Sale
—
■
Bonds should be presented
1941.
May 11—v. 167,
purchased by a
for
LOUISIANA
INDIANA
and 667, and Nos. 673 to 682
Inclusive.
payment on June 1, 5% road
and bridge refunding bonds, Nos.
61 to 70 inclusive, dated March 1,
better
or
the lowest interest rate.
$6,000 in
street improvement bonds.
fOOO due Jan. 1, 1965, Nos. 666
for
tions being equal, preference will
be given to the bid of par and ac¬
follows: $2,000 from
Urband, III.
elusive.
-
p.m.
for, is required.
election to be .held in June.
20,000 District No. 3 bonds, as
held on April 8 the
follows: $8,000 due Jan. 1,
proved the
issuance
1964, Nos. 653 to 657; Nos.
j
Due
from
5
bonds.
sewer
2%
O.
(P.
Rock Island), III.
,
663 to 665, all
for
31
receive sealed
(CST) on May
will
Clerk,
until
bids
W. Prather,
ditioned.
of
A
Fla.
$4,000 District No. 2 bonds, due
Jan. 1, 1954, Nos. 84 to 87 in:
City
Offering—j.
able to the City Treasurer, is re¬
City will furnish the printed
bonds and the approving opinion
Bond Call—The State Board of
Bond Sale Contracted—A syn¬
Administration, successor to the dicate composed of the WhiteBoard of County Commissioners,
Phillips Co., Vieth, Duncan
&
tias elected to call and redeem on
Wood, Beyer-Reuffel & Co., and
July 1, at par and accrued interest, Quail & Co., all of Davenport, has
Che following Special Road and
contracted to • purchase $785,000
Bridge District refunding bonds:
court house bonds subject to an
_.
Bond
specifying
The City
will furnish the approving opin¬
ion of Chapman & Cutler of Chi¬
cago, and all bids must be so con¬
The
Owenton), Ky.
•. •*
Bond Call — H. Clyde Reeves,
State Local Finance Officer, calls
>.
Ames, Iowa
Dated March 1, 1948.
De¬
$1,000.
Due on Nov.
follows: $1,000 from 1949 to
r
Monday, May 17, 1948
Owens County (P. O.
IOWA
improvement
nomination
and
County Special Road
Bridge
bonds,
3%
station
quired.
plus accrued in¬
par
exceed
pumping
FINANCIAL CHRONICLE
&
of interest to be
Vs
or
1/10 of 1%
Suburban
Bond
water
Sale
main
—
and
The
sewer
Gardner, Mass.
Sanitary
District, Md.
Due $3,000 from Junet
Note Sale—The
rary
loan
notes
$200,000 tempo¬
on
May
offered
$1,000,000 4—v. 167, p. 1968—were purchased
construc¬ by the National Shawmut Bank
tion, series RRR bonds offered
on
of
Boston,
.,
at
0.71%
discount.
Volume 167
Dated
May
1948, due
next highest
5,
The
1948.
0.758%
was
Number 4699
Oct.
bid
THE;; COMMERCIAL
michigan
4,
of
Adrian
submitted by the Mer¬
School District,
Mich.
son,
Bond Sale—The $300,000 build¬
ing bonds offered on May 10—v.
167 v. 2076—were purchased by
Halsey, Stuart & Co., as 1V2S, at
a
price of 100.168, a basis of
sealed
1.441%. Dated April
chants National
Medford, Mass.
Bond
,s;
Bank, Boston.
'
,
;
,
Offering—Ralph W. Wat¬
City Treasurer, will receive
bids until 11 a.m. (DST)
on
May 17 for the purchase of
$379,000 coupon street construc¬
tion
bonds.
Dated
Denomination
June
1,
1949
as
June
$1,000.
1948.
1,
Due
on
follows: $38,000 from
$37,000. in 1958,
be in multiples of % of 1%. Prin¬
cipal and interest (J-D)
National
the
Boston.
reject
be
con¬
The right is reserved to
all bids.
any or
X*''-:*"j *•-
of
highest bid¬
V
«•'
5
District
Secretary, calls for re¬
on June/1, 1948, at par
accrued
interest, refunding
and
bonds,
Dec.
dated
Nov.
1967.
Said
1,
called
(DST)
as
Trust
1941,
1,
bonds
The bonds
super¬
vision of Ropes,
Gray, Best, Coolidge & Rugg of Boston. Delivery
on or about May 28.
1, 1948, all interest
chants National
Bids
Received
—
No
bids
received for the $76,500 not
were
exceed
fered
on
3%
interest bonds of¬
May 10.
New Baltimore, Mich*.
Sale—The $153,000 water
supply system
fered
were
revenue
bonds of¬
on
May 10—v. 167, p. 2076—
purchased by Miller Kenow-
Dec.
1, 1948. Due serially on Aug.
from 1949 to 1977 inclusive.
1,
Principal and interest payable at
the Manufacturers National Bank,
of
1948
bonds
on
p.
'
coupon
bonds
Oscoda), Mich.
only bid
for the $25,000 not to
ceived
from
ex¬
3%
interest water works
revenue bonds offered on May 10
rejected.
St.
accrued
interest
;
Offering-^JrVD. Wagner,
Clerk, will receive sealed
bids until 7.30 p.m. (EST) on May
17 for the purchase of $150,000 not
(CST) $6,coupon
bonds.
follows: $297,000
to
.
(M-N) payable at the First Na¬
tional Bank of Boston.
highest
bidder
The next
Coffin
was
&
Springfield, Mass.
Note Sale—At
private sale on
May 4 the City sold an issue of
$1,000,000 revenue notes at 0.675%
discount.'
Due $700,000 on Nov.
a
10 and $300,000 on Dec. 15, 1948.
Taunton, Mass.
Note Sale—The $250,000 tempo¬
loan notes offered on May 4
were purchased by the First Na¬
tional Bank of Boston, at 0.776%
discount. Dated May 6, 1948, due
Nov. 5, 1948. The next highest bid
of 0.788% was submitted by the
Merchants National Bank, Boston.
rary
Westwood, Mass.
,r '1 Note
Sale—The
$50,000 school
on
May 12—
v. 167, p. 2076-^-were purchased by
Lyons & Shafto, of Boston, as
lV2s, at a price of 100.59, a basis
of 1.388%.
Dated May 15, 1948.
Due serially on May 15, from 1949
to 1958 inclusive.
Principal and
interest
(M-N) payable at the
loah
notes
Second
offered
National
Bank,
Boston.
The
next highest bidder was the
Second National Bank, Boston, for
l%s, at 100.35.
''
v
-
^Bond
son,
,
r-/
Offerings-Harold JVTuhi-
Treasurer
Taxes,
until
'
Worcester, Mass.
■
11
will
and
receive
Collector
sealed
of
bids
(DST) on May 17
for the purchase of $1,000,000 cou¬
a.m.
pon veterans' housing loan bonds.
Dated April 1, 1948.
Denomina¬
tion $1,000.
1,
from
Due $100,000
1949
to
1958
on April
inclusive.
of
to
principal only. Rate
of interest to be in multiples of V4
of 1%. Bonds numbered 51 to 150,
maturing from 1954 to 1963, shall
be callable for redemption at the
option of the City in inverse nu¬
merical order on Oct. 1, 1953, or
on
any
interest payment date
thereafter at par and accrued in¬
terest plus a premium as follows:
As
as
to
each
bond
called
for
re¬
demption on or prior to Oct. 1,
1957, $25. As to each bond called
for redemption after 1957, and on
or after
I960, $15.
As to each
bond called for redemption after
Oct. 1, 1960, and before Oct. 1,
1963, $5, on 30 days' published
notice, or in case of registered
bonds 30 days' notice by mail will
be
given the registered holder.
Sand
Beach
Township Fractional
bond for expenses. Bonds may
registered as to principal and
2076—were
p.
First
of
purchased by the
Michigan Corp., McDon¬
ald-Moore
&
Co.,
and
Miller,
Co., all of Detroit, at
price of 100.013, a net interest
Kenower &
a
cost
of
1.79%, as follows: $80,000
as 2s, maturing $40,000 on May 1,
in 1949 and 1950, and $120,000 as
l3/4s, maturing $40,000 from 1951
to
1953, all inclusive
Dated May
1, /1948.
Wood, King & Dawson,
York City, will furnish
approving opinions, A certi¬
fied check for 2% of the principal
amount
of
bonds, payable
to
Gladys E. Miller, City Treasurer,
is required.
■
'
\i
J
'
»"j.
t
/
'
%
,
?
;.V
t
v/
Bond
bonds
8
Oscar Kittel-
Town. Clerk,
will receive
2 p.m. (CST) on May
18 for the purchase of $20,000 not
to exceed 2%% interest road and
son,
bids
until
Worthington, Minn.
Bonds Sold—An issue of $400,000
water
system
revenue
bonds
was
purchased recently by a syndicate
composed of the Allison-Williams
Co., Piper, Jaffray & Hopwood,
J.
M.
Dain
&
Co.
and
National Bank, all of
the
follows: $75,000
maturing
on
1954;
First
Minneapolis,
at par, as
2*4s,
May 1, from 1950 to
$140,000
as
2V2S,
as
maturing
May 1, from 1955 to 1961; $70,000 as 3s, maturing on May 1,
from 1962 to 1964, and $100,000
on
as
Sale—The
offered
on
Mich,
2s, at 100.08.
3 %s, maturing on May 1, from
to
1969
inclusive.
Dated
May
1, 1948.
Bonds
held
Voted—At
sealed
bids until 3.30 p.m.
(P$T)
27 for the purchase of
May
$350,000
on
terest
April 28 the voters ap¬
issuance of $35,000
water system bonds.
the
with
the
sale
connec-
of the
$21,000
bonds to the State Depart¬
sewer
ment of Land Investments
as
as 3^,
April 26 issue
1856—we learn that
reported in
167,
—v.
p.
the bonds
our
were
sold at par.
Board,
Sold—The
1950 to 1968 inclusive.
with
be
—
$15,000 water
March 8
on
sealed
(MST)
on
bids
June
4
until
for
8
the
p.m.
pur¬
chase of $25,000 not to exceed 6%
interest construction bonds. Dated
Amortization bonds
bonds
will
be
the
second
of the School Board.
tion bonds
are
choice
If amortiza¬
nual installments
during a period
from date of issue. If
bonds
serial
will
they
are
issued
in
be
the
and
sold
amount
of
$1,200 each, except the first bonds
will
which
be
in
the
amount
of
$2,200.
Due $2,200 on June/1/
1949, and $1,200 on June 1, from
1950 to 1958
will
be
inclusive./ The bonds,
amortization
whether
redeemable
in
serial,
or
whole
on
interest payment date after
years from date of issue. The
any
10
Oxford, Miss. /
$75,000 fund-?
ing bonds offered on May 11—v.
167, p. 2077—were purchased by
the Equitable Securities Corp., at
a price of 100.048, a net interest
cost of 2.4102%, as follows: $40,000 as 2V4s, maturing on March 1,
1949; $2,000 in 1950; $3,000 in 1951;
$4,000 in 1952; $5,000 from 1953 to
1958, and $35,000 as 2V2S, matur¬
ing $5,000 from 1959 to 1965 in¬
May 1, 1948. In¬
payable M-S.
Missouri
Sale—The
follows:
/'.'.'V
.
ment bonds.
Due serially 01m
1, from 1949 to 1953 in¬
clusive.
Conway, N. H.
The $42,500 land,
Bond
Sale
buildings,
bonds offered
$35,000 school
May 10 were
-
Bond
School
District}*Mo.
Offering—Julien C. Grace,
Secretary
of
Education, Will re¬
on
'
<
Manchester, N. H.
',>*
Note Sale—The $500,000 tempo¬
rary loan notes offered on May;
11—v.
167,
chased
by
Bank
next
was submitted i>y
National Bank, Boston*
the
North Platte
School District, Neb.
Bond Sale—The $987,000
build¬
ing bonds offered May 10—v. 167,
1969—were purchased at pub¬
lic auction by a syndicate'com¬
posed of Halsey, Stuart & Co.,
Paine, Webber, Jackson & Curtis,
Martin, Burns & Corbett, both of
Chicago, and Greenway & Co. of
Omaha,
as
2.60s, / at price
of
100.607, a basis of 2.455%, to call
date, y- Dated May 3,>1948.
Due
serially on May 3, from 1951 to
fgflfv
inclusive.
Callable
in whole
or-in part at any time after five
Boston/
The
.
new mexico
Las
Cruces, N. Mex. * ,
Offering — Raymond 3£n
Howell, City Clerk, will receive
,
Bond
sealed
on
until
bids
June
10
the
for
11
a.m.
(MST)
purchase of
$625,000 not to exceed 4% interest
as
follows:
improve¬
system
sewer
ment bonds.
.
/
275,000 water works improvement bonds. A ; ' V ;
100,000 municipal park improve¬
^
ment bonds.
"
•'
.
25,000 street improvement bonds.
/ Dated .June 1, 1948. Denomina¬
Due within 20 years
tion $1,000.
from
date
issuance
of
installment
the
first
of
principal payable
1, 1949, with option to retire
in 10 years..
Principal and in¬
terest (J-D) payable at the City
Dec.
office.
Treasurer's
check
A
certified
of the amount bid,
for 5%
payable to the City, is required.
p.
1978
of
highest bid
First
at 0.859%.;
V
March 23.
pur¬
National
is required.
NEBRASKA
2077—were
p.
the Second National
Bank, of Boston, at 0.834% dis¬
count.
Dated May 11,, 1948, pay¬
able Dec. 8, 1948,
at th& First
bonds divided
on
highway
and
May 12—v;. 167,
p. 2077—were purchased by Tyler
& Co. pf Boston, as 2s, at a price
of 100.799, a basis of 1.84%. Dated
May 1, 1949. t. Due serially on May
1, from 1949 to 1958 inclusive.
new jersey
!
/ Atlantic
County; (P. O. /
City), N.J.
$615,000 gen¬
Atlantic
Bond
Sale—The
improvement bonds offered
May 12—v. 167, p. 1969—were
eral
on
purchased by a syndicate com-*
posed of Ira Haupt & Co., Minsch,
Monell & Co. of New
York, Buck¬
ley Bros., and Hess & Co., both of
Philadelphia, as 1.80s, at a price
from date of issue, and the pf 100.074, a basis of 1.785 %*>
maturing in 1978 will be Dated April 1, 1948. Due serially
callable art rany time after two on April 1, from 1949 to 1958 in¬
years
Chillicothe
?•//•
—
sewer
$225,000
tion
-
$230,000 signal system bonds. Due
serially on June 1, from 1940
to 1958, inclusive.
200,000 equipment and improve-
and accrued interest. A cer¬
tified check for $500 payable to
par
Sale—The
Dated
Concord, N. H.
$430,000 bondar
offered May 12—v. 167, p. 2077—•
were purchased
by Laidaw & Co.,
and
Hallgarten & Co., both of
New York, jointly, as iy4s, at a
price of 100.046, a basis of 1.238%,
Bond
bonds will be sold at not less than
the Clerk,
bonds^
purchaser
issued, the /
sold and
entire issue may be put into one
single bond or divided into several
bonds, which will be determined
at time of sale, both principal and
interest to be payable in semi-an¬
of 20 years
the
quired.
J. D, Annis,
pf Board of Trustees,: will
receive
printed
without charge. ~ A certified check
for 5% of the amount
bid, is re¬
.
Offering
the
furnished
June
Clerk
ma¬
Principal and interest (M-N) pay¬
able at the City Treasurer's of¬
fice.
Approved as to legality by
School Dist. No. 14
(P. O. Shelby), Mont,
,
Bonds
order at the option of
the City on May 1, 1953, or on
any
interest payment date thereafter.
Toole County
Bond
in¬
numerical
3s.
as
3%
turing from May 1, 1954 to 1968,
subject to redemption in inverse?
as
Judith Gap, Mont.
Bonds
exceed
new hampshire
Sale Details—In
Bond
to
disposal
bonds.
Dated May 1, 1948.
Denomination
$1,000. Due or\ May 1, as follows:
$8,000 in 1949, and $18,000 from
Ekalaka, Mont.
tion
not
sewer
gether
on
proved
Bonds maturing on
mississippi
terest
f
Las Vegas, Nev.
Offering — Helen Scott
City Clerk,
will receive
Bond
Reed,
will
election
an
and after May 1,
1965, callable
Daykin, Neb.
May 1, 1958, at par and accrued
Bond Offering—M. E. Brueggeinterest, plus a redemption pre¬
mann, Village Clerk, will receive
mium of $15 for each bond so sealed bids until 8
p.m. (CST) on
called.
Principal
and
interest
May 21 for the purchase of $44,(M-N) payable at the First Na¬
000 water works bonds. These are
tional Bank of Minneapolis.
the bonds authorized at the elec¬
Bond
"
Pershing, Bosworth, Dick & Daw¬
son of
Denver, whose opinion to¬
MONTANA
1965
(P. O. Grand
Rapids),
as
will be the first choice and serial
Bond Offering
Fractional School District
No.
-
&
l3/4s, and $120,000
as
Norwegian Grope- (P. O. Route J,
June 1, 1948.
Pelican Rapids), Minn.
clusive.
Wyoming and Paris Townships
Bank
St. Louis, and ReinGardner,
jointly, for
&
$280,000
Commerce
-
Co.,
holdt
New
School District No, I (A O.
Harbor Beach), Mich,
Bond Sale—The $200,000 school
bonds offered on May 11—v. 167,
Trust
the
purchaser, subject to the approval
of the City Commission.
Registerable
Burr, for 1.40s, at 100.216.
-
revenue, series
1948 coupon bonds.
Dated May
supply system
Mercantile
have been sold to the State Land
1, bridge coupon bonds. Dated May
1948.
Denomination $1,000.
Due 1,
1948.
Denomination
$1,000.
$10,000 on Oct. 1 from 1949 to Due on May 1, as follows:
$1,000 in
1963 inclusive. Principal and in¬
1950; $2,00Q in 1951 and $1,000
terest (A-O) payable at a bank or
from 1952 to 1968, all inclusive.
trust company designated by the
water
Feb. 1, from 1953 to 1968
inclusive.
Interest payable F-A.
The next highest bidder was the
on
interest to date of delivery and $2
Co., of New York, as 1.40s, at a
price of 100.429. a basis of 1.31%.
Dated May 1, 1948.
Due serially
on May 1, from 1949 to 1958 in¬
clusive.
Principal
and
interest
interest
of
of
system bonds offered
«'t
$5,00G
nevada
on
multiples of J/4
or
1/10 of 1%.
The purchasers
will be required to pay accrued
May 13—v. 167, p. 2076—were
purchased by the Bankers Trust
3Mt%
Dist., Mo.
1.7895%, as follows: $120,000 as 2s,
maturing $20,000 from 1953 to
1958, and $280,000 as l3/4s, matur¬
ing $20,000 from 1959 to 1964, and
$40,COO from 1965 to 1968 inclu¬
sive. Dated June 1, 1948.
Due se¬
of interest to be in
to
exceed
Sch.
Stuart & Co., at a price
100.0085, a net interest cost
a.m.
as
election
an
April 20 the voters did
not approve the issuance of
the
to 1951; $296,000 from
1955; $295,000 from 1956
to
1958; $243,000 from 1959 to
1966; $242,000 in 1967 and 1968,
and $133,000 from 1969 to 1978, all
Inclusive. Dated July 1,1948. Rate
•'
Josephj^Mich.
July 1,
on
1949
1952
of
re¬
ceed
was
offer for sale by sealed
and auction bids at not less than
day at 11
718,000
various
on
park improvement bonds.
Belgrade, Mont.
will
on
from
5?
Plainview, Neb.
Bonds Not Voted—At
held
Sale—The
inclusive.
Due
Groves
on
Mr. Brandt also announces that
the Board of Estimate and Taxa¬
and
1,
$400,000 school
May 10—v. 167,
2077—were purchased by Hal¬
rially
follows:
July 1, as
follows:
$42,548.34 in 1949;
$43,000 from 1950 to 1955;
$41,000 from 1956 to 1958, and
$5,000 from 1959 to 1968, all
par
p.m.
/ sey,
interest.
Bid Rejected—The
City
offered
j
City Council will of¬
ment bonds. Due
tion
March
on
bonds offered
473,548.34 special street improve¬
be
Township (P. O.
Bond
k Bond Sale—The $200,000 sewer
loan
as
Due
Webster
Michigan,
$1,700,000 refunding bonds.
Due
$170,000 on July 1, from 1949
to 1958 inclusive.
per
Oscoda
0.784%.
'
of
fer for sale by sealed and auction
bids at not less than par and ac¬
crued interest at 10 a.m.
(CST) on
divided
7.30
May 21 for the purchase
$293,000
general
obligation
on
Bond
same
Bond
Bank, Boston, at
Pittsfield, Mass.
the
until
1949 to 1968 inclusive.
Offering—C. A. Brandt.
Assistant
City Comptroller, an¬
on
Linden, Mich.
Sale—The
$125,000 tem¬
porary loan notes offered on May
6 were purchased by the Second
National
Bank,
of
Boston, at
0.758% discount.
Dated May 10,
1948.' Due Nov: 18, 1948.
The
next highest bidder was the Mer¬
Bank
Minneapolis, Minn. // /
nounces
bids
(F-A) payable
Bond
The bonds
cease.
Detroit.
Northampton, Mass,
Note
Union
in
$12,000 in
1951. Prin¬
minnesota
so
will be prepared under the su¬
er & Co., and Watling, Lerchen &
pervision of and authenticated as Co., both of Detroit, jointly, at a
to
genuineness
by
the above net interest cost of 2.8548%. Dated
the
1949;
Grand Rapids.
due
are
Co., of Detroit, for payment.
name
a.single rate of interest in a mul¬
tiple of lU of 1%. Principal and
interest payable at the First Na¬
under
the
at
follows: Nos. 254 to 258.
on
to
to 1968 inclusive. Bidders to
in
1950, and $13,000
cipal and interest
should be delivered to the Detroit
May 1, 1948. Denomination $1,000.
Due serially on May 1, from 1948
bank,
bonds.
$10,000
May 27 $2,173,548.34
demption
& No
named
lows:
(2181)
sealed
(CST)
of
—
May 19, for the purchase of $200,000 coupon sewer bonds.
Dated
tional Bank of Boston.
No.
District
Roseville), Mich.
Bond Call
Donald O. - Case,
City Treasurer^ will receive
1 p.m.
School
said bonds shall
Bond Offering—Archie R. Whit¬
sealed bids until
LakeTownships Frac¬
After June
.
'At'v 'vvl
Newton, Mass.
man,
Board
(P.O.
cer¬
No bid for less than par
accrued interest will
sidered.
The next
and
tional
Bank
tify that the legality of this issue
has
been
approved
by
Storey,
Thorndike, Palmer & Dodge of
and
Treasurer of the
was
Erin
payable
Shawmut
of Boston. The bank will also
ceive
on
Education.
der
CHRONICLE
purchased by John Nuveen & Co.,
of Chicago, as l3/4s.
Dated June
1, 1948.
Due on Aug. 1, as fol¬
April 1, from 1949 to
1953 inclusive.
Principal and in¬
terest (A-O) payable at the office
of the
FINANCIAL
1, 1948. Due
Braun, Bosworth & Co.,
Rate of interest to Inc., for iy4s, at 100.108.
to 1957, and
all inclusive.
at
serially
&
bonds
years
from date of issue.
-
clusive.
-
-
THE
(2182)
54
Camden,
Bond
J.
N.
1964, all inclusive. Principal and
(J-D)
payable at the
County Treasurer's office.
Bid¬
Y
interest
Offering—Albert S. Mar¬
vel, Clerk of Board of Chosen
Freeholders, will receivesealed
until
bids
for
25
2
or
a single rate of in¬
multiple of
or 1/10
of 1%.
Approved as to legality
by Caldwell, Marshall, Trimble &
Mitchell,
of
New
York
City.
terest in
the
interest coupon
registered bonds divided
fol¬
as
Pater son,
County
of
park
1948
-
Bond
bonds.
bonds.
Dated
'
June
tion $1,000.
The bonds stated in
combination will mature on June
as
as follows: $10,000 from 1949 to
1951; $13,000 in 1952, and $15,000
from 1953 to 1963, all inclusive.
Principal and interest (J-D) pay¬
Principal
and
interest
payable at the First Cam¬
Bank & Trust Co.,
-Camden.
Each
proposal
must
(J-D)
able
National
are
Wood
&
of
of
rate
&
Na¬
Paterson
Trust
Co., Pater¬
1/20 of 1%, a single
or
interest
to bear.
are
which
bonds
the
The opinion of Haw¬
kins,
Delafield
York
York
New
Bank
tiple of Vs
purchaser will be furnished with
the opinion of Hawkins, Delafied
First
the
Bids must specify in a mul¬
son.
bear. The
to
at
tional
specify in a multiple of l/s or 1/20
of 1%, a single rate of interest
which the bonds
interest water sys¬
1,
clusive.
•
6%
tem of 1948 coupon or registered
bonds.
Dated June 1, 1948.
De¬
nomination $1,000.
Due on June
1955; $20,000
$22,000 from
den
a.m.
(DST) on May 27
purchase of $208,000 not
the
to exceed
follows: $15,000 from 1948 to
in 1956 and 1957;
1958 to f 1963 and
$7,000 from 1964 to 1968, all in¬
1,
L.
Howard
—
until 10.30
for
1948. Denomina¬
1,
Offering
Bristow, Clerk of Board of Fi¬
nance,
will receive sealed bids
124,00 County improvement 1948
'
N. J.
City,
furnished
certified check for $6,240 payable
payable to the City, is required.
to the
County, is required.
Fair
O f f e
Bond
<
>
Lawn, N*. J.
(DST)
of
Bond
8.30
Sale—The
bonds offered
n g—Ralph M.
Clerk, will re¬
until
certified check for $4,160
on
Bond
been
purchased
NEW
May 1, 1948.
Due on
May 1, as follows: $6,000 from
1949; to 1951, and $7,000 in
Greenwood,
Registrar; New
York
Bond
fered
.
of
-5,000
-
•
part
bonds.
improvement
Dated
$1,000
1963
to
These
Nov,
next
Struthers
are
The
$27,739 bus
1948 bonds of¬
purchased
all
1967,
to
E.
Easter-
be
interest water and
6%
system
coupon
bonds. Dated
1, 1948. Denomination $1,000.
April 1, as follows: $5,000
1951 to 1954; $10,000 from
to
1963, and $12,000 from
to 1983, all inclusive.
Prin¬
and interest (A-O) payable
on
the
of
purchase of $350,000 not
exceed
to
sewer
from
Such
1955
1964
cipal
demption in accordance with
in Neto York City.
to principal only.
Registerable
as
Sale—The
N. C.
$425,000
improvement
RollaSchool
mu¬
bonds
District,
Bonds Voted
of¬
held
May 11—v. 167, p. 2078—
purchased by a syndicate
on
—
April
on
20
At
Lee
a
as
election
the
voters
ap¬
proved the issuance of $66,000 im¬
provement bonds.
University of North Dakota (P O.
tional
inclusive.
part of an
Bank
of
highest
Greenwood.
bidder
&
Co.,
was
for
&
100.03.
authorized issue of $24,000.
Harnett County (P. O.
v
sale of the
$350,000 Student Union
of 1948 bonds to
Building
Kalman
the fact that the
Chapman
&
bond
Cutler,
of
attorneys,
Chicago,
have refused to approve the issue
and will not do so until a contract
at the First National
burn.
ter District bonds. Due serial¬
ly
Bank, Mill-
Each proposal must state
a
:
single rate of interest in a mul¬
tiple of % or 1/20 of 1%.
The
purchaser will be furnished with
clusive.
the
of
bonds
New
are
York
valid
binding obligations
of
70,000
opinion of Hawkins, Delafield
Wood
&
Education.
A
on
Westbury Water District
Due serially on June
,7New
Education, is required.
|
„
;
.
Offering—E.
Bond
County
sealed
on
Treasurer,
bids
June
2
until
for
O.
11
the
1958,
and
1949 to
receive
a.m.
(DST)
purchase of
from
1959
will
receive
purchase
sealed
bids
of
$56,000 not
1, 1948.
$1,000.
Due
oh
June
1, as follows: $2,000 from
1949 to 1965; $4,000 from 1966 to
1968; $5,000 in 1969, and $5,000 in
1970.
Principal
and
interest
(J-J) payable in New York City.
Registerable as to principal only.
Denomination
Rutherford
County (P£ O.
Rutherfordton), N. C.
:
v
Offering—W. E. Easterling, Secretary of Local Govern¬
ment
Commission/ will receive
Bond
until 2.30 p.m.
1957; $43,000 in
$45,000
Clerk of Board of Fire Commis¬
sioners,
$583,000 not to exceed 6% interest
general improvement of 1948 cou¬
pon or registered bonds.
Dated
June
15, 1948.
Denom.. $1,000.
Due on June 15, as follows: $30,000 from
York
Bond Offering—James F. Brower,
Murphy,
will
the
to exceed 6% interest coupon wa¬
ter bonds;
Dated June
District (P. O* Pearl River),
check
O.
for
.
'*££$■£ '/■'£§%
•
for $1,480 payable to the Board of
County (P.
Freehold), N. J.
1949 to
~
Orangetown, Pearl River Fire
the Board
Monmouth
'
'
1, from" 1949 to 1971 inclusive.
legally
certified
from
bonds.
City, that
and
June ^1,
300,000 Carle Place Water District bonds. Due serially 011
June 1, from 1949 to 1968 in¬
„
the
on
1968 inclusive.
sealed bids at his office in
Raleigh,
until 11 a.m." (EST) on May 13
to
(DST) on May 19 sealed bids at his office in Raleigh,
purchase of $32,500 not until 11 a.m. (EST) on May 18 for
4% .interest fire ap¬ the purchase of $27,000 not to ex¬
paratus
coupon ; or
registered ceed 6% interest road and bridge
bonds.Dated June 1, 1948. De¬ general refunding bonds.0 Dated
for, the
to
exceed
nomination
Due
$1,000
one
for >$500.
June 1, as follows: $5,000
from 1949 to 1953; $2,500 in
1954;
on
June 1, 1948. Denomination
$1,000.
Due on June 1, as follows: $5,000
in
1955
and 1956; $10,000 in 1957
$7,000 in 1958, all inclusive,
Berlin Local School District, Ohio
Bond Offering—D. W. Miller,
Clerk-Treasurer of Board of Edu¬
cation^ .Will receive.sealed bids
until 5 p.m.
(EST)
on
May 28 for
June 1, 1948. Denomination $1,000.
Due $4,000 March
and Sept. 1,
1949
and
1950; $4,000 March and
$5,000 Sept. 1, 1951; $4,000 March
and; Sept. ; 1, v1952,; and; $4,000
March and $5,000 Sept.; 1, 1953,
Bloom
Township Local Sch. Dist.
■■£■£(P. O. Bloomville), Ohio '
Bond Offering—Arthur L. Saul.
(EST)
of
on
$125,000
,
which
6
June 4 for the purchase
all
were
building
bids
bonds; for
received
May
on
rejected.
CHester, Clinton, East, Union,
.V;'^XrahhUn^^Vdyne^lVboHer.-.
Township Hospital
District; and Hospital"
.
Board
'
|;
f
of
Wayne
r
.
ris
offer
was
firm
a
was
that of Otis & Co.
the
group's
85%
of
bid, while
subject to
to
distribute
ability
the
issue
before
being
committed to take up the remain¬
ing
15%.
No
the bonds
formal
was
offering of
made, the Transit
Board having merely indicated its
desire to consider such offers that
were
received.
Purpose of the
proposed financing is tof provide
$4,800,000 for the retirement of
outstanding bonds, with the bal¬
be
to
ance
ment
and
for
used
new
construction
facilities.
The
of
comprise 20-year terim
mature
not
equip¬
garage
bonds
new
serial
earlier than
of Jan.
as
to
are
or
1953
1/1953. :
Euclid, Ohio
...
Bond ; Sale—The $55,000 street
improvement bonds
offered
on
May 10— V; 107, p; 1970 —* were
purchased by Braun, Bosworth &
Co., Inc., as l%s, at a price of
:
100.174, a basis of 1.70%. Dated
May 1, 1948. Due serially on Dec.
1, from 1949 to 1953 inclusive.
Interest payable l-D;/
^Ke next
highest bidder was Ball, Burge &
Kraus, for 2s, at 100.129.
Franklin
County (P. 0. £ y
Columbus), Ohicr " \,
•••;
Bond
Offering
—
Ella
Mc-
A.
Carley, Assistant Clerk of Board.,
of County
Commissioners^yvill
ceive
sealed
(EST)
on
bids
until
10
a.m.
May 25 for the purchase
of $27,000 not to exceed 3% in¬
terest Franklin Sewer District No.
4.
improvement
bonds.
Dated
1, 1948. Denomination $1,~
000.- Due on Sept. 1, as follows:
$3,000 from 1949 to 1955, and $2/June
1956 to
OOO from
1958 inclusive,
Huron, Ohio/
Offering — Ralph
Bond
,
F.
"Rhodes, Village Clerk* wilt; te*
ceive
sealed
(EST)
of
on
$9,500
bids
.
until
noon
May 22 for the purchase
not
to exceed
3%
in¬
nomination
Due
in
on
$1,000
Dec.
1
as
one for $500.
follows: $1,500
1949, and $1,000 frorq 1950 to
^957 inclusive.
to be in
Rate of,
interest
multiples of V\ of 1%. No
bids for less than par and accrued
interest.
Interest
payable J-D.
A certified
check for
to the Village
1% payable
Clerk, is required.
Parma, Okio
/
,
Bond Tenders Invited—Joseph¬
ine
Baker,
City Cleric,; will / ref
ceive sealed tenders at her office,
6611
Ridge Road, Cleveland
Ohio, until noon on May 25 of
refunding
bonds dated Oct.
1,
.1936.
The/, bonds will be pur¬
the
extent
of
approximately
County (P. O. ;
;
Wooster;
j Ohio
Bond Offering—Roger E. Buss,
Secretary, will receive sealed bids
until noon (EST) orf .May 27 for
the purchase of $625,000 3% hos¬
pital coupon bonds. Dated Jan. 1,
1948.
Denomination $1,000.
Due
on Oct. 1, as follows: $32,000 from
1949 to
1953, and $31,000 from
1954 to 1968, all inclusive. Prin-r
cipal and interest (A-O) payable
:v;
Sodift
Bond
Edciidi Ohio
Tenders
-
•;.
Invited-~liester^
''
'
at
the
Citizens
Wooster.
National
Bidders
may
Bank,
bid for
a
will not; be sold for; less than par
bonds.
a group headed
by Otis & Co., for
96.00 as 41/4s. The Stranahan, Har¬
$25,000 available therefor.
^
able in New York City.
the
by a group headed by Stranahan,
Harris & Co., for 94.14, as 4s, and
to.
'
tiples
'
purchase of $11,000,000 mort¬
gage revenue bonds were rejected.
The; bids received were submitted
chased at the lowest price offered
Joint
'
without option of prior payment.
Principal and interest (J-D) pay¬
of
the
Clerk of Board of Education, will
sealed
bids
until
noon
the
all
Chairman of the Cleveland Tran¬
Board, announces that the two
offers received in response to the
invitation for bids tin May 7 for
receive
Rate of interest to be in multiples
of % or 1/10 of
for
Reed,
the purchase of $42,000 3% build- ;
terest water works improvement
ihg; Unlimited; tax bonds.
Dated bonds.. Dated June
1, 1948.' v De¬
and
same
C.
OHIO
$2,000 in 1955, and $3,000 in 1956,
1%, and must be
W;
—
sit
of St. Paul, and
net interest cost of
associates, at a
about 3.21%, for $40,000 as 4s, and
$270,000 as 3^8, the remaining
$40,000 as 3s, as noted here re¬
cently, has been delayed due to
different rate of interest
of
%
of
1%>
in mul¬
Bids
must
be for all of the bonds. The bonds
<
'j££i£
£££>.>. ■ Cleveland, Ohio V;
<■
Bids: Rejected
>
& Co.,
„
1955; $5,000 in 1956 and 1957, and
$4,000 in 1958, all inclusive. Prin¬
cipal and interest (J-D) payable
certified check for $7,000 payable
the District, is required. ••
revenue
Lillingtc n), N. C. 7 v
Bond Sale—The $308,000 schobl,
is awarded and
a
performance
building, series C bonds offered bond submitted,
t>|'/
on May 11—v.
167, p. 2078—were
Hamburg, N. Y*
Bond Sale--The $30,000 water* purchased
by R. S. Dickson & Co.,
Nov. 1, from 1963 to 1966, in- 1948 bonds offered on
May 11—* of Charlotte, at a net interest
I
elusive.r
<
"J
v.
167, p. 2077—were purchased cost of 2.57996%, as follows: $244,Denomination $1,000.
Principal by the Marine Trust Co. of Buf- 000 as 2V2s, maturing $2,000 in
and interest (M-N) payable at the falo, as 2s, at a price of 100.215, 1950; and
1951; $5,000 irn 1952;
a basis of 1.97%.
Fair
Lawn-Radburn
Trust
Dated June 1, $11,000 in 1953; $8,000 in 1954;
Co.;
1948,
Due serially on June
Fair Lawn, or at the Manufac¬
1, $21,000 from 1955 to 1957; $17,turers Trust Co., New York City. from 1949 to 1963 inclusive..
000 from 1958 to 1966, and $64,000
as 2%s,
maturing $17,000 in 1967
North" Hempstead W
Millburn Township School District
and 1968, and $10,000 from 1969
■Y>(P. O. Manhasset)! N. Y»
(P. O. Millburn), N. 7./0;
to 1971 inclusive.
Dated Nov, 1,
Bond Sale—The $745,000 bonds
Bond Offering f— William: G.
1947.
Due serially on May
1,
Betsch, District Clerk, will receive offered / on May 12-r-v. 167, p. from 1950 to 1971
inclusive. Prin¬
sealed bids until 8 p.m. (DST) on 2078—were purchased by Harricipal and interest (J-D) payable
May 24 for the purchase of $74,000 man Ripley & Co., Inc. and Gold¬ in New York
City.
not to exceed 4% interest school man, Sachs & Co. of New York,
of
1948" coupon
Oxford, N.,C.
jointly, as 2.10s, at a price of
or
registered
Bond Offering—W.. E. Easterbonds.
Dated June 1, 1948.
De¬ 100.60, a basis of 2.036%, as fol¬
ling, Secretary of Local Govern¬
nomination $1,000.
Due on June lows:
Commission, will receive
1, as follows: $10,000 from 1960 to $375,000 Manhasset-Lakeville Wa¬ ment
■; 4,000 improvement bonds. Dated
Nov. 1, 1947.
Due $1,000 on
now stated by the
Univer¬
sity that the consummation of the
Business Manager of the
2.7774%,
The
at
Approval—It is
Co., of Durham,
3s, maturing
$8,000 from 1951 to 1959; $93,000
as
2V2s, maturing / $15,000 from
1960
to
1964; $18,000 in
1965;
$200,000 as 2%s, maturing $20,000
Wood,
1.90s,
Bismarck), N. Dak.
Bond Issuance Pending on Legal
follows: $72,000 as
Peeler
net interest cost of
ap¬
Squire, San¬
of Cleveland;
to
Dak*
N.
an
of
the purchaser
of the District. A
expense
and callable
NORTH DAKOTA
Fayetteville,
the
to
NORTH CAROLINA
J.
May 13—v. 167, p. 2077---
1; 1947.
Nov./ l, from
on
bonds
.
.
notice
by the Marine
Co., Buffalo, as 1.90s, at a
price of 100.283, a basis of 1.846%. from
1966 to 1975, and $60,000 as
Dated May 1, 1948.
Due serially
3s,i maturing $20,000 from 1976-td
on May 1, from 1949 to 1958 in¬
1978, all inclusive. Dated June 1,
clusive. • Principal
and
interest 1948.
Principal
and
interest
(M-N) payable at the First Na¬
(J-D), payable in New York City/
inclu¬
are
..
general
Due
-
1952
to
bonds
—
Trust
authorized issue of $32,-
an
000
1948
These
Offering—W.
for the
request for t.ie
a
bonds bearing such numbers
■
Sale
on
were
Due $1,000 on Nov,
from
sive.
„
official
the
were
building
garage
$1,000 in 1952 and 1953.
5,000 paving bonds./Dated Nov.
1,
City, with
ing; any of /the numbers listed in
fered
New York
Nov.
1, 1947..
2.45%, as follows:
5s, maturing $8,000 from
ling, Secretary of Local Govern¬
of the numbers listed
at
Nov. 1, 1947.
1, as follows:
$2,000 from 1949 to 1951, and
"
any
Jasper, West : Union
composed of the Branch Bank &
(Steuben County);
Trust Co. of Wilson, F. W. Craigie
(Allegany County)
& Co., of Richmond, Vance Se¬
Central Sch. Dist. No. I
curities Corp. of Greensboro, and
(P*0, Greenwood),
Dated
on
Bond
Andover
8,000 street assessment, series B
Due
as
net' in¬
a
of
and Canisteo
1952 and 1953.
bonds.
Durham, at
1951 to
denominations greater than $1,000
Bond
YORK
of
cost
ment
Commission, " will
receive
in the official notice must be pre¬
sealed bids at his office in Raleigh,
sented forthwith to the City Bank
until 11 a.m. (EST) on May 18
Farmers Trust Co.,
nicipal
Dated
Co.
terest
1936 and
The
furnished
1963; $190,000 as 21/4s, ma¬
The re¬ turing $8,000 in. 1954; $14,000 in
demption price wiii be paid upon 1955; $8,000 in 1956; $20,000 from
surrender of said bonds at the
1957 to 1964, and $240,000 as
Chase
National
Bank
of
New
maturing $20,000 from 1963
York City with all unmatured in¬
all inclusive.$ Dated May
terest^coupons;attached; Regis-*
Principal and interest
tered bonds must be accompanied
payable in New York City.
by duly executed assignments or
Whiteville, N. C.;
transfer powers in blank. Bonds of
$54,000 not to exceed 6% in¬
registered bonds, from 1949 to 1978 inclusive.
$32,000 emergency housing bonds;
be
aggregating $1,296,000. The $24,000
field, as 2V2S, at par.
Dated Jan.
1, 1948.
Due serially Oil Jan. 1,
follows:
will
at
mature
;3lainfield National Bank of Plain-
as
Dempsey
&
the
by
&
on May 11
167, p. 2078—were purchased
by a syndicate composed of the
Branch Banking & Trust Co. of
will be deemed to be called for
$30,000 school
ders
building bonds offered
has
of variously numbered 3% fourth
series 4 general / and
refunding
bearing
interest.
opinion
.
Wilson, F. W. Craigie & Co. of
demption, by lot, on June 12, at a Richmond, Vance Securities Corp.,
price of 102 and accrued interest, of Greensboro and J. Lee Peeler
bonds
accrued
—v.
Authority,
Call—Announcement
bonds are dated Dec. 15;
on Dec. 15, 1976.
and
proving
River.
made; by Howard S. Cull¬
Chairman, of the call for re-
man,
terest coupon or
divided
Pearl
Port of New York
new
p.m.
bids
County (P. O.
Laurinburg), N. C. \ /
Bond Sale—The $454,000 school
-
May. 11—v; 167, official notice of call.
on
1969—were
p.
of
denomination of $1,000 each.
May 25 for the purchase
sealed
ceive
bid¬
successful
the
to
Watchung School District, N. J.
/
i
r
Bryant, Borough
A
der.
Co.
Trust
Monday, May 17, 1948
Scotland
pay¬
& Wood of New issuance of bonds of smaller de¬
this effect will be nominations—the new bonds bear
City, the
bonds are valid and legally bind¬
ing obligations of the County.
A
to
CHRONICLE
able at the First National Bank &
a
lows:
$188,000
FINANCIAL
&
Principal and interest (J-D)
ders must state
(DST) on May
purchase of $312,000
p.m.
not to exceed 6%
COMMERCIAL
L. Askue, City Auditor will rer
ceive sealed tenders/until noon,
.
May
28 of refunding bonds
July 1, 1938 arid maturing
July 1, 1968.; The bonds so ten¬
on
dated
dered will be accepted at the low¬
est
price
offered,
not
exceeding
the face value thereof to the
tent
of
funds
purchase.
available
ex¬
such
J1
..
Stryker Local School
Bond
for
District,
Ohio
Offering—Kenneth Ober-
lin, Clerk of Board of Education,
will receive sealed bids until 7:30
p.m.
(EST) 'on May
purchase i of $100,000
for
the
not-to
22
ex-
/
Volume
4699^'.:> 1/-'"rim
Number
167'
3%%* interest improvement
June 1, 1948.
De¬
nominations
$3,000
and " $4,000.
ceed
provement
bonds.Dated
from
bonds.
Due
COMMERCIAL
$55,000
&
FINANCIAL
CHRONICLE
to
redemption on any interest
bearing date, on or after July 1,
1968,,
The bonds will be award¬ 1955, upon, publication of at least
Due $3,000 on March and $4,000 ed to the bidder offering the low-- 30'days prior to
contemplated re¬
est rate of interest. These are the
on Sept. X\ from 1950 to 1961, and
demption. Bidders shall name the
bonds authorized at the election
$4,000 March and Sept. 1, in 1962
rater.of interest and the District
held on May 4. ;: A certified check will furnish the
and
legal opinion of
1963.|- )V';, ^
v
for 2 %
Union
;
Township, Union Rural y
x
School District (P. O. > *
Milford Center), Ohio
Bond i Offering — Bernice /. J.
,
195) to 4967; -and $15,000 in
of the amount bid, is re¬
.4 ''-v '4.;:/
quired.
,
Moor eland
-
Bond
School
Offering
District, Okla.
H. E. Moody,
Ryan, Clerk of Board of EJucar Clerk of Board of Education, will
tion, will receive bids until noon receive sealed bids until 8 p.m.
(EST) on' May 18 for the purchase (CST) on May 17 for the purchase
of ;$85,000
3%
building bonds. of $25,000 building bonds.
Due
Dated May 1, 1948. Denomination $5,000 from 1950 to 1954 inclusive.
$1,000.
Due $5,000 on Nov. 1, The bondssrwill be awarded to the
from
ders
of
1949 to
bid for
may
interest
1%.
the
1965 inclusive.
in
'highest
will
of
be
sold
of
to
for 2%
bidder,
and
par
bidder offering the lowest interest
rate and agreeing to pay par and
accrued interest. A certified check
different rate
multiples
The bonds
than
a
Bid¬
at not less
accruedinterest.
pPkPP-.
Vermilion, Ohio
J
Bond Offering—C.:H.
quired. 4
the
street
purchase of
Pauls
$20,000
sealed bids until 8 p.m.
improvement bonds. ^ Dated
1, 1948^ Denomination $1,-
000..
Due
000
works
(CST)
bonds.
on
Due
Jf; 300
<?
s
bid for
a
different rate of interest in
multiples of
of 1 %.
for-and--accrued
of;
delivery.
15, from 1950
1955
inclusive.
Principal and
payable
at
Treasurer
.
the
of"
office
of
Multnomah
County, or at the fiscal agency of
the State, in New York City.
The
approving opinion of
Winfree,
McCulloch, - Shuler & Sayre of
Portland, will be furnished the
interest
to
Oregon State Board of Higher
Education (P. O. Eugene),
pay par and accrued/ in¬
terest.\ A certified check for 2%
of the amount of bonds bid for, is
date
required.
These
are
the
Oregon
bonds
Bond
Offering— Charles D.
May 3 for which all Byrne,
Secretary, will
receive
bids were rejected.
sealed bids until 9 ,a.m. (PST) on
June 7 at the Benson Hotel, Port¬
Poteau, Oktdi
land, .on June 7 for the purchase
Bond Offering—Perry C. Bolof $2,110,000 agricultural college
ger< City Clerk, will receive sealed
pavillioii building and refunding
bids until 7.30 p.m (CST) on May
bonds.
The right is reserved to
18 for the purchase of $140,000
reject any or all bonds. The ap¬
not to exceed 5% interest sani¬
proving opinion of Chapman &
tary sewer bonds.
Due $10,000
Cutler,:of Chicago, will be fur¬
from 1952 to 1965
A certified check for
offered
1% oLthe amount of bondsr pay¬
able to the Village Clerk, is re¬
quired.
on
1
Warrensville Heights (P. O. 4770
Wdrrensville. Center Road, \
Cleveland 22),X)hio\i 54
Tenders
Invited — Lena
Goll-
witzer,- Village
will re¬
(EST)
inclusive. These
on May 25 of several issues .of ,re¬
are
the bonds authorized at the
funding bonds. The Village will
election held on April 27.
purchase the bonds at the lowest
Clerk,
ceive sealed bids until
noon
,
goffering price not to exceed the
face
in
and
insufficient tenders
event
*■
thereof
value
ceived
.
exhaust
to
I
the
are
the1 funds
of
the
Village, the Village will call
-the.bonds by lot under supervi¬
sion of the County Auditor
of
Cuyahoga County, Ohio.
to
the
bidder
offering the lowest interest rate
and agreeing.to pay; par and ac¬
Wil¬
tq 1958 inclusive.
Principal and
interest
(M-N) payable at the
liams, City Auditor, will receive
County. Treasurer's office, or at
A
sealed bidsuntil noon (EST) on crued interest for the bonds.
the fiscal agency of the State in
May 27 for the purchase of $375,- certified check for 2% of the New York City,
atnount bid, is required.
'
©00*a 2Vz%
municipal
hospital
.
bonds*/. Dated June 1, 1948.r De-«
nomination
,
$1,000.. Due $15,000
Oct* 15, from 1949 to 1973 in¬
clusive.' Bidders may bid-for a
differeht rate of interest in a mull
tiple of Vi of 1%.- No bid.for less
tham* par
and - accrued interest.
Bond
.
on,
works
im¬
May
on
by
&
100.29L
:
'
•
'
4
r
$30,000 water yj.-:
bonds offered on
1,
June
sive.
1948.
Due
1, from
1949
serially
to
lins &
<
Wilmerding School District, Pa.
Bond Sale—The $25,000 general
obligation bonds offered on May
11
purchased
were
Steele
&
Co.,
by
Fauset,
of- Pittsburgh,
■
Allentown Authority, Pa.
Feb. 1,
as
interest
V4
of
1%,
rate may
der.
to be in multiples of
and only one interest J
be named by each bidJ
The
approving
Chapman
will
be
&
certified
A
able
Cutler
furnished
opinion
of
the
check for
the
to
Town
of
Chicago,
purchaser.
$5,000
pay¬
Treasurer,
is
required.
Gallatin,
on
Son, for 2y4s, at 100.539.
op
_
1968 inclu¬
Interest payable J-D. The
highest bidder was E. H. Rol¬
next
Bond Sale
Tenn.
The $50,000 gram¬
school of 1948 bonds offered
mar
—
May 11—v. 167, p. 1859—were
purchased. by the Equitable Se¬
curities Corp., as 2s, at a price of?
100.287, a basis of 1.944%. Dated
April 1, 1948.
Due serially on v
April 1, from 1949 to 1958 inclu¬
on
sive.
Interest payable A-O.
as
;
;
1 Giles
County (P. O. Pulaski),
l%s, at a price of 100.38, The next
Tenn.
highest bidder was S. K. Cunning¬
ham & Co., for 1 %s, at 100.165.
■p Bond Sale—The $45,000 right of
way series 1948 bonds offered onv
SOUTH CAROLINA
May 7—v. 167, p. 1971—were pur¬
chased by the Nashville Securities
Anderson, S. C.
Co. of Nashville; as 2V4s, at a
J Bond Offering — H. M. Wilson,
City Clerk and Treasurer,' will price of 100.56. ; Dated May 1,
receive sealed bids until 7.30 p.m.
(EST)
May
24
$400,000
on
chase
of
provement
for
the
pur¬
general
coupon :
bonds.
im¬
Dated
June 1, 1948. Denomination $1,000.
Due $20,000 on June 1, from-1949
to 1968 inclusive. Registerable as
to
principal only.:; Principal and
the
at
1948.;
^The next highest bidder
|
4
Henderson, Tenn.
I Bond
Offering—W. P. Jordan,
City Recorder, will receive sealed
;
bids
until
1
(CST)
p.m.
28 for the purchase of
on May
$40,000 not
office
of
to
or
.
..
provement,
series
1948
bonds.
Dated May, 1, 1948. Denomination
$1,000. Due serially on May 1, as
follows: $5,000 in 1951; $8,000 in
the
Trust
>
payable
Central
the
at
Hanover
Bank
&
Co., New York City. These
bonds
authorized
were /
election
held
at
the
April 20.
Each
bid must be for all bonds and the
price
on
offered
be not less
than par and accrued interest to
date of delivery/ Bidders are re¬
quested to name the rate or rates
must
of interest in
1/10 of 1%.
rates
a
Not
be
may
multiple of %
more
named.
The
exceed
ap¬
4%
interest street im¬
,
.
1960 and 1961; $9,000 in 1962 and
$10,000 in 1963. ' Principal and in¬
terest (M-N) payable at the City
Treasurer's office
or
at the Chem-
•
ical Bank & Trust Co., New York
"
Jefferson
County (P.O.
Dandridge), Tenn.
;
or
than three
-
was
/Temple
Securities
Corp.,
Nashville, for 2V4s, at 100.31. 1
City Clerk and Treasurer
I Bond Offering—E. A. Northern,
County Court Clerk, will sell at
'
proving opinion of Reed, Hoyt& public auction at 10 a.m. (EST)"
Washburn of New York City, will on
June; 18 an issue of $300,000
be furnished the purchaser with¬
The bonds will be* de¬
livered
r, / r'r. r.
r/rr;;
■
June
$1,000;u *
follows:
$6,000 in 1949 and 1950; $8,000 in
1951; $6,000 in 1952 and 1953; $10,- A
000 from 1954 to 1956; $5,000 in
V
1957 and
1958; $10,000 in 1959;
$22,000 from 19601 to 1963, and 1
$21,000 from 1964 to 1968, all in¬
clusive.
Principal
and
interest
(F-A) payable at the Union Na¬
tional Bank, Fayetteville.Rate
serially
of
out cost.
PENNSYLVANIA
Waukomis, Okla.
Sale—The
system
purchased
were
Deane
interest
Washington County Union High
School District No. 3 (P. O;
Hillsboro), Ore.
Seiling School District, Okla.
be sold
A.
purchaser.
.
Wooster,Ohioi
Bond; Offering—Elsie
nished the
BojuLQffering—L. C. MendenBond Sale—The $240,000 build¬
hall, Clerk of Board of Educa¬
ing bonds offered on March 30
tion, will receive sealed bids until were
purchased by the United
2 p.m. (CST) on May'18 for the
States National Bank of Portland,
purchase
of
$53,500 , building as 2
V\ s,~at a prke jJtJOO. 10, a basis
bonds;. Due $15,000 from 1951 to
of 2.225%.
Dated May 1, 19484
1953,
and
$8,500 in
1954.
The Due
$24,000 on May 1, from 1949
bonds will
re-
$200,000
Township Sch. Dist. <
(P. O. Hodendauqua), Pa. '
Bond Offering—T. H. LauderBond
Sale—The $170,000 im¬
back, District Clerk, will receive
provement bonds offered on May
sealed
bids until 8 p.m.
(PST)
10—v.
167, p. 1859—were pur¬
on
May 20 for the purchase of
chased
by G. C. Haas & Co.,
$60,000 school bonds.
Dated May
Philadelphia, as 2V8S, at a price of
15, 1948.
Denomination $1,000.
101.40, a basis of 1.972%.
Dated
Due $10,000 on Nov.
ing to
AH bids
must state the number of bonds bid
School District, Pa.
Sale—The
55
works improvement bonds. Dated
Feb. 1, 1948. Denomination
Due
.
provement bonds offered
104
of
Whitehall
,
1949 bo 4958 inclusive. Bidders may
"
West Mifflin
! Bond
Bank
as
$21,000. from 1951 to, 1966, arid
purchaser. A certified check for
$14,000 in 1967, ' The bonds will
5% of the par value of the bonds,
be sold to the bidder submitting
the lowest interest rate and agree¬ payable to the District, is required.
Dec. 1, from
on
water
National
County New Castle, for
2s, at 101.00.
/j-/.,Oregon f/r;
the
May 18 for the purchase Of $350,4
3%
First
Lawrence
(P. O, Route 2,Gresham),
interest
Offering — W: J. Harris,
Secretary/
will / receive
City
School ^District Not,
i
to
Valley, Okla.
Bond
-
June
$2,000
;
N
Horton,
Village Clerk, will receive sealed
bids until noon (DST) on May 22
for
of the amount bid, is re¬
Multnomah and
(2183)
Singer,
Scribner, of Pittsburgh,
l%s, at 100.299, a basis of
1.701%. The next highest bidder
Clackamas County
was Blair & Co.,
Inc., for l%s, at
Winfree,
McCulloch,
Shuler
&
Sayre, of Portland.
A certified
cheek for $1,700 is required.
—
the
was
;
on
Anderson
about
or
or
New
June
York
21
to
City, at
to exceed
not
bonds:
$60,000
3%
?
interest school'
Dated
on
1953
July 1, 1948.
Due
July 1, from 1949 to
Rate of interest.
multiples of % of 1%.
1
inclusive:
'
to be in
Bond- Offering — George W. the option of the purchaser.
IVfay 11 — V.V167, p. ,2078 — were
purchased by the First; National Kistler, City Clerk, will receive
!
La Follette, Tenn.
v SOUTH DAKOTA
Bank & Trust- Co., of Oklahoma sealed bids until 11 a.m. (DST)
Bond Sale—The $10,000 recre-;*
Baltic, S. Dak,
City, and -the Waukomis State on June 16 for the purchase of
ation center bonds offered on May Bond Sale—The $30,000 bonds
Bank,; jointly, at a net interest $3,250,000 water revenue, series
10—v.- 167, p.. 1859—were pur-. ?
OKLAHOMA
1048, bonds; Dated July 1, 1948. offered on May 3—v. 167, p. 1859
cpstof 2.64%,
chased by C.< H. Little & Co. of 4
Due serially on July 1, from 1949 —were purchased bythe Firsf Na¬
Arapaho School District, Okla.
Knoxville, as 3s, at a price, of.-;
OREGON
Bond. Sale—The $22,000 trans¬
tp 1977 inclusive. Subject to tional Bank & Trust Co., of Sioux 100.51, a basis of 2,869%. Dated
portation equipment- bonds of*
legal opinion of Townsend, Elliott Falls, as 3s, at par. The issue con¬
La Grande, Ore.
April 1, 1948.
Due serially on
f ered on May; 11—v. 167, p. 2078
& Munson, of Philadelphia.
sist of the following: ; '
Bond Offering—Sealed bids will
April and Oct. 1, from 1950 to
were purchased
by the First Na¬ be received
$20,000 water works bonds.
Due 1954 inclusive. Principal and in- ;
by the City Recorder,
Cambria ' To wnship (P+ Q,
tional Bank & Trust Co., of Okla¬
until 7.30 p.m. (PST) on May 19
serially on Sept. 1, from 1949 terest (A-O) payable at the Ham- Ebensburg), Pa.
homa; City.; Due serially from
to 1968 inclusive;
for
the
iltlon National Bank> Knoxville.
purchase of
'• Bond
$20,585.35
SaleThe $15,000 road
1951 to 1957 inclusive.
10,000 fire protection bonds. Due
4% < improvement bonds,
Dated
improvement bonds; offered on
Lenoir City, Tenn. serially on Sept. 1, from 1949
Denomination $500
Bartlesville School District, Okla. Feb. 1, 1948.
April 19 were purchased by R. C.
Bond Sale — The $150,000 electo 1958 inclusive.
Due on Feb. 1, as Schmertz &
Bond Sale—The $425,000 build¬ one for $85.33.
Co., of Pittsburgh, as
trie system revenue, series 1947
Interest payable M-S.
ing, ^pair and equipment bonds follows: $1,585.33 in 1949; $2,000 ZY2S, at a price of 101.00, a basis
bonds offered oa May 10—v, 167,i./
offered on May 7—rV. 167, p. .1970 from 1950 to 1956, and $2,500 in of 2.311%. Dated May 1, 1948. Due
p. 1971—were purchased, by the
Watertown, S. Dak. 7
'
1957 and 1958, optional at the
—were purchased by the City Na¬
on
May 1, as follows: $1,000 in
Bond Offering — Paul Krakow- Equitable
Securities .Corp., and.*tional Bank & Trust Co., of Kan¬ pleasure of the City at any in¬
1949; $2,000 in 1950; $1,000 in ski, City Auditor, will receive Fidelity Bankers Trust Co.,. of
terest payment date on or after
sas City; at ; a net interest cost of
1951; $2,000 in 1952; $1,000 in sealed bids until 8 p.m. (CST) on Knoxville, jointly,rat a price of
2.126%; Due serially from 1953 to one year from date. Principal and 1953; : $2,000 in 1954; $1,000 in
May 17 for the purchase of $75,- 100.034/ a het> interest ? cost oil
interest < (F-A)
1968 inclusive,. *
payable at the 1955; $2,000 in
1956; $1,000 in 1957, 000 -not to exceed 2% interest 2.694%, as follows:'$133,000, as
i
.
-
,
,
v
■
•
.
.
•
Caddo, Okla.%
4
Bond Offering—J: D.
Town
♦
Maytubby,
Clerk, will' receive
sealed
bids until 7.30 p.m. (CST) on May
19 for the purchase of $55,000 5%
bonds divided
as
$35,000 sanitary
bohds.
follows;*sewer
I
City Treasurer's office; The ap¬
proving opinion of Winfree, McCulloch, Shuler & Sayre of Port¬
and $2,000 in 1958. Interest payable AJ-N. The next highest bid¬
land, .will-be furnished
Ebensburg, for 2V2S, at
cessful bidder.
the suc¬
A certified check
fbr 5%i of the
parJ value
-
and improvement bonds.
Due
$1,000 from 1951, to 1963; inclu¬
;
sive.
'
-
5,000 ■' fire
fighting equipment
4 bondsj
Due $1,000 from 1951
to 1955 inclusive.
v
4. fv
Duncan, Okla. t ;
Bond Offering — C, H. Smith,
City Clerk, will receive sealed
bids until 7.30 p.m. (CST).on May
25
-
•
for
water
the
purchase
works
of
extension
$950,000
and
im¬
*
j'
/r
Bond
Portland), 0re,
Offering
Sealed
the First National Bank,
Bids
ment
were
Rejected
for
the
bonds
reoffered.•
.; -
—
All bids
$30,000
offered
re¬
improve¬
May 11
The bonds will be
rejected.
'
bids
par.
Laureldale^ Pa.
ceived
Multnomah County Powell Valley
i
Water Districts No. 2 (P* O.;
to*1966, ahd $3,000 in 1967/;
15,000water " works extension
*
re¬
quired.
' Due $2,000 from 1951
was
of the
bonds, payable to the City, is
extension
der
on
;;:
New Castle, Pa.
will
be received by/the;«Clerk
>j Bond Sale —The $250,000 gen¬
Board; .of Commissioners, until eral improvement bonds offered
5, /p.m. (PST) on May 21 for the on May 10—v. 167, p. 1858—were
purchase of $85,000 general obli¬
gation bonds. Dated May 1, 1948.
Denomination $1,000. r Due July 1,
as
follows: $2,000 from 1949. to
1956; $3,000 from 1957 to 1967,
and $4,000 from 1968 to 1976, all
inclusive.-? All
bonds.o maturing
^
after
2 3/4s, maturing $13,000 in 1949 and
June 15, as 1950;': $14,000 in 1951 and 1952;^
follows: $1,000 in 1949 and 1950; $15,000'in; 1953 and 1954; $16,000 |
$6,000 in 1951; $9,000 from 1952 to in 1955 and 1956; $17,000 in 1957,T
1954; and $10,000 from 1955 to and $17,000 as 2Y2S, maturing June'>
1958 inclusive.
Principal and in¬ 1, 1958.^; •
4
;
terest (J-D) payable at the City
McNairy County (P. OP..
Treasurer's office.
The City will
Selmer),. Tenn.
/
furnish
the
purchaser, without
Bonds Not Sold—The $175,000;*
cost, with the printed bonds and
4% court house and jail bonds of-:
the approving opinion of Dorsey,
fered on May 12—v. 167, p.*1971'"
Colman, Barker, Scott & Barber,
—were not sold. *
/•_ ;■ T."-"""*"
of Minneapolis. A certified check
for $1,500 payable to the City, is ./
Weakley County (P. O.
required.^
'Hi.vt'b/ Dresden), Tenn. Bond Offering — Cayce Pente¬
/
TENNESSEE
cost, County Judge/will receive
street
June
improvement bonds. Dated
15, 1948. Due
on
.■■■
w
,
.
purchased by C. J. Devine & Co.,
of New York, and Thomas & Co.,
4
of Pittsburgh, jointly, as 2s, at a
Fayetteville, Tenn,
4
price i of
100.05,a l basis
of r4 Bond Offering—Sealed bids -will
1.99669%. Dated June 1, 1948. Due be received by Mayor D. T. Buch¬
serially on June 1, from 1949 to anan until 2 p.m. (CST) on. June
1978, all inclusive.
Interest pay¬ 1, for, the purchase of $275,000
July 1, 1955, shall be subject able J-D. The
next
highest bidder
not
to
exceed
4%
interest water
sealed
on
bids
June
$1,600,000
lows:
-
until
a.m.: (CST)
purchase of
bonds, divided as fol-':
' '■/.
;
1,
for
10
..
the
..
$1,000,000 school bonds.
600.000 court house
bonds.
*
'
,
r
■\
?
' '
.it
;i
THE
(2184)
5G
from
texas
1961
to
1964;
COMMERCIAL
$25,000 from
1965
Independent Sch.Dist.,
Angleton
Texas
Bond
-v<;
to 1968; $27,000 in 1969 and
1970; $28,000 in 1971 and $30,000
in
1972.^
Offering—J. P. Griesecke,
President
School
of
Board,
will
Galveston County (P, 0*
jreceive sealed bids until 7.30 p.m.
'"H
Galveston), Texas
(
<CST) on May 24 for the purchase
of $500,000 not to exceed 4% in¬
;
terest
*
..
County
house
school
7 •'
June X, 1948.
Due
Dated
Denomination $1,000.
lt as follows: $5,000
June
on
bonds.
in
>!
A
1949; $12,000 from 1950 to 1953;
$15,000 in 1954 and 1955; $17,000
from 1956 to 1959; $20,000 in 1960
and
"if
%
■
i •'
;
i»
i
'
i
i-1
1961; $22,000 from 1962 to
$25,000 in 1966 and 1967;
$27,000 in 1968 and 1969;' $28,000
in 1970 and 1971; $30,000 in 1972,
and $31,000 in 1973.
t t;
1965;
Dallas, Texas
Bond Offering—E. Lynn Cross-
City
Auditor,
bonds divided
as
/,
t
Due
7
i
i,
.
.
$179,000 each year for 20
Bidders will be invited to
years.
not
name
rates
on
Dallas
more
two interest
than
one
any
issue. A ^
;;
County Park Cities Water
Control and Improvement
District No. 2 (P. O.
<
Texas
if:
i
Bond
will
*'
\
Offering—E.' S.
Secretary
Wesson,
of Directors,
of Board
receive
sealed
bids
until
10
U-
(CST) on May 25 for the
purchase of $3,586,000 improve¬
ment, series 1948 bonds. Dated
tb
May 1, 1948.
a.m.
■n
County (P. O.
Dallas ), Texas
Sale
The 7 $1,000,000
building bonds offered
i
Bond
•I
V
V
*(
l
«
on May
8 were purchased by a
.syndicate
composed
of
Phelps,
Fenn & Co., of New York, Det-
& Co. of
rner
".
-p-
—
juvenile
10, as fol¬
$70,000 from 1949 to 1953;
$10,000 from 1954 to 1963, and
Chicago, Commerce
!,
jf
if
nished
the
at
cost
the
of
pur¬
payable to the County Judge,
Sale—The
$750,000
road
May -12
on
were
First
National
Bank
Moore & Co., both of
price of 100.02,
of
2.452%,
a
and
Moss,
Dallas, at a
net interest cost
follows: $268,000
as
2V4s,
maturing $5,000 in
$18,000 in 1950; $19,000 in
$22,000 in 1952; $21,000 in
$24,000 in 1954; $29,000 in
$30,000 in 1956; $32,000 in
$34,000 in
1958 and
1959,
as
1949;
1951;
1953;
1955;
1957;
and
2y2s, maturing $34,000
from 1960 to 1962; $38,000 in 1963;
$40,000 in 1964; $43,000 in 1965;
$45,000 in 1966; $48,000 in 1967;
$82,000 in 1968, and $84,000 in
1969, all inclusive.
Dated May 1,
as
1948. Principal and interest (M-N)
payable
office.
at
the
State Treasurer's
Approved
as
McCall,
Parkhurst
The
was
next
to legality by
& Crowe of
highest bidder
the First Southwest Co., Dal¬
las,
-'A
10,
fol¬
lows:
1959
to
1963; $35,000 from
1964 to 1968; $40,000 from 1969 to
1972; $45,000 from 1973 to 1976,
and $50,000 in 1977 and 1978. The
award
was
made
on
the
basis of
bonds maturing from 1959 to 1978,
to be optional for redemption on
April 10, 1958.
A
-
Dublin, Texas
•
Bond Sale—An issue of
•Ik
bonds
li
Co.
•
was
.
■>
7
j
$245,000
of
Dallas, and the First of
Texas Corp. of San
Antonio, sub¬
ject to an election to be held in
the
near
future, as 23/4s, 3y4s and
3V&s, divided as follows:
$145 000 water and
t
:K
:
bonds.
100,000
sewer revenue
,
water and
sewer
general
obligation bonds,
•
"f
Floyd County (P. O. Floydada),
'•
I
Texas
v'• v
7
Bonds Sold—An issue of
$500,000 road
bonds was purchased
.f-
,:7
recently by Hatcher & Co. of
Dallas, and H. L. Shaffer & Co,
of Amarillo, jointly, at a price of
par, as follows: $84,000 as 2V2S,
maturing $5,000 in 1949; $15,000
from 1950 to 1952; $17,000 in 1953
$
and
1954, and $416,000 as 3Y2s,
maturing $18,000 in 1955 and 1956;
$20,000 from 1957 to 1960; $22,000
DIVIDEND NOTICE
The
Manufacturing
Company
Board
of
Directors has
declared
a
quar¬
terly dividend of $1.50 per share and an extra
dividend of 81.50 per share payab'e on
June
14, 1948 to stockholders of record at the close
of business on May 25, 1948.
D.
May
10.
H.
ALEXANDER,
1948.
Secretary.
at
Independent
Sch.
15,
terest
rate
one
Bid¬
of in¬
school bonds
v.
167,
$10,800,000
offered on May 7—
p.
awarded to
Phelps, Fenn & Co., Blair &
Co., Inc., Chemical Bank & Trust
Co.,
Salomon
Bros.
&
Hutzler,
Estabrook & Co., Eastman, Dillon
& Co., B. J. Van Ingen &
Co.*
Hornblower
&
Weeks,
Bacon,
Stevenson & Co., First of Mich¬
igan Corp., Chas. E. Weigold &
Co., Geo. B. Gibbons & Co., Inc.,
S.: Dickson
&
Co., Francis I.
duPont & Co., Laidlaw &
Co., all
of' New York, Commerce Union
and
on
in
'
as
000
1961
to
1974,
and
1975
from
sive.
Dated
2V2s, maturing $350,to 1978, all inclu¬
June
terest payable
J-J.
10,
1948.
;
>
In¬
•
June
construction bonds.
held
on
in¬
accrued
delivery will be
C
-
until 10
* 'V'
J
Authorized
Due
Four-Mile
bonds;
run
The
—
$70,000
and
sewers
drain
contingent drains
bonds, and $35,000
bridge improvement bonds.
The
sewers
total
amount
is
of
combined
issues
$1,750,000.
after
Bond Sale—The $1,200,000 wa¬
revenue bonds offered on
May
by
1972——were
p.
These
are
pur¬
Lcvelland Consolidated Indep.
School District, Texas
Bond ..Sale—ThA.^50,000
167,
'bon(Js offered
"
school
ing
Sale—An
time
the
issue
will
of
in
be
serially
1963.
issued to Brown & Root, Inc., pav¬
1963
ing
J-D.
contractors, as 41/2s. Dated
Callable on 30 days'
Dated
ciates,
for
$701,000
County (Pi O. Tytef), Texas
Bond
June
clusive.
the
2V4s, at
Stein and
Asso¬
2y4s,
2y2s, at 100.09.
bids
and
receive
office
in
the
County Building, until
10
a.m. (PST) on June 1, for the pur¬
chase of $7,500,000 not to exceed
interest
general
obligation
bonds, divided
coupon
as
follows:
$4,000,000 street lighting bonds.
*
2,500,000 park bonds;
1^,000,000 street lighting bonds.
All of the issues
are
;
dated July
1, from
1949 to
The next
commenc¬
ing with the second
year and end¬
ing with the 20th year after their
said date of issue, in such amounts
(as nearly as practicable) to be
specified by the City Council to¬
gether with interest, on all out¬
standing bonds of this issue. Prin¬
cipal and interest payable at the
fiscal agency of the State, in New
York City, or at the City Treasur¬
office,
at
The
the
right to redeem
unmatured
option
City,
or
10
30
bid
as
also
for
whole
a
date thereof
—
such
all of the
years,
from
five
on
callable
from the
interest oay-
years
any
-
1959
in¬
Commerce
Co., St. Louis, and
amount
Texas Bank &
up
jointly, for 2y4s, at 100.056.
Trust
Co..
Dallas,
'
interest
,
Wash.
Trempler^rCounty Treasurer, will
receive
sealed bids until 11 a.m/ (PST)
on
May 19 for the purchase of ;
$35,000 not to exceed 4% interest
>
school bonds. Dated June 1, 1948.
Denomination
$1,000.
Due
on
1,
follows:
as
$1,000
from
>
inclusive.
all
1968,
The
Dis¬
the
right to redeem
any or all of the unmatured and
outstanding bonds of the issue at
par in inverse numerical order on
reserves
any interest payment date on and
after 10 years from date of issue.
WEST VIRGINIA
West
Virginia (State of)
Exercised — The
headed by the Chase
Not
Option
syndicate
;
Bank of New,York, did
National
not exercise its
option, which
ex¬
May 7, to purchase an
additional $1,000,000 road bonds.
pired
on
-V. 167, p.
1972. ;
.
,
WISCONSIN
Claire, Wis.
Eau
Oien, City
Bond Offering—O. E.
until 10
the
receive
will
Clerk,
(CST)
a.m.
purchase
sealed
on
May 19 for
$225,000
of
&
bids V
not to
interest water
3%
exceed
*
works
second
series
revenue,
1948. Due on
May 1, as follows: $10,000 in 1949
and
1950; $11,000 from 1951 to:
1954 to
$12,000 from
1953;
1957;
<
$13,000 from 1958 to 1961; $14,000 F
from 1962 to 1964, and $15,000 in'
1966, all inclusive. Bonds 7
on or after May 1, 1959,
subject to redemption at the '
1965 and
maturing
are
option of the City in inverse nu- •7
merical order on May 1, 1958, or
payment
interest
any
date :■>
thereafter at par plus a premium
for each bond so called as follows: '
on
to
after
or
May 1, 1958, and on
-
prior to May 1, 1963, $20; and
or after Nov. 1, 1963, and prior
Bidders to name
maturity, $10.
single rate of interest in a mul¬
tiple of y4 of 1%. Principal and
interest
payable
(M-N) at the
Harris Trust & Savings Bank, of
a
."
Chicago.
The approving opinion
of Chapman & Cutler, of Chicago,
will be furnished the purchaser
without cost bulTthe printed bonds
be
paid
for
the
by
pur¬
000
payable to the City Treasurer
required.
is
''•VF7-77
.7,/;7
Sauk City, Wis.
Sale—The
Bond
$30,000
sewer
and water extension and improve--
Bidders may
bonds
any
from date of
must
redemption. ;/
Alternate Bids
on
years
chaser. A certified check for $5,-
payment date thereafter, upon
days' previous notice of such
intended
5
the
the date of issue, or on any interr
est
se¬
from
Callable at par and
interest
after
Due
years
the
of
reserves
any
bonds
school
Bond Offering—A. A.
On
er's
/
King County (P. O. Seattle),
or
holder.
1
Woodville School District No. 213,
1, 1948. Denom. $1,000. The bonds
a
highest bidder
Mercantile
rially in from 2 to 10
shall
mature annually,
$55,000
the only bidder, as 2V4s.
on
-
price ment date thereafter upon 30
days'
basis
of 2.224%. orevious notice of the
City's in¬
1948. Due serially tention to redeem said bonds.;
as
Sale—The
mortgage
City
6%
'•
County School District
(P. O. Olympia), ■ '
bonds. Dated May 1,
will
his
at
•:' 'VF. v'l'
bonds offered April 24—v. 167, p.
1860—were awarded to the State,
to
Offering—W. C. Thomas.
sealed
purchased by the First Southwest
Co., of Dallas,
of ; 100.143,
a
Dated June 1,
1949
payable
highest
bidder
Comptroller,
City
.
Wash.
Bond
in
Seattle, Wash.
Bond
•
P- No. 401
1, 1948. Due
$499,000 Fas
as
V-:'0
'
Thurston
price
cost of
Interest
&
of the State in
agency
'/•
Com¬
$82,000
1, from
next
Bramhall
was
purchased by the Citizens Nation¬
al Bank, Peoples National Bank,
and the Tyler State Bank & Trust
Co.; all of Tyler, jointly, at a price
of par,
a
net interest cost of
2.4992%, as follows:' $44,000 as
2V4s, maturing $22,000 in 1949 and
June
June
on
The
notice.
Sale—The $1,000,000 hos¬
pital bonds offered on May 7 were
1956;
inclusive.
June 1,1948,
Smith
fiscal
1957; $84,000 in 1958; $86,000 in
1959; $89,000 in 1960; $91,000 in
1961; $94,000 in 1962, and $96,000
1948.
warrants
in
$79,000
years.
Principal and
(J-J)
payable
at
the
Treasurer's office or at
-
a
$75,000 in 1954; $77,000 in
1955, and $701,000 as 2y2s, matur¬
Raymond utile i Texas
$175,000
of
at
1953;
oh May 6—v.
dated May 1,
are
Bank
Seattle,
100.25, a i^et interest
2.417%, .as follows: $499,000 as
2y4s, maturing on June 1, $66,000
in 1949; $68,000 in 1950; $69,000 in
1951; $71,000 in 1952; $73,000 in
1860—were purchased at a
of 3.0832%. The
p.
of
all
merce
of
interest cost
net
a
National
the
1965
New York City.
trict
ter
167,
from
five
County
to
10—v.
$3,000
1950 to 1952, and $2,000 from 1953
Bellingham, Wash,
chased
to
1964;
interest
June
WASHINGTON
Texas
to
issue.:
City
$75,000
and
1950
1955
■<,
follows: $1,000
1954; $2,000 from
as
to 1969, and $5,000 in
1970, option¬
al at any interest payment date
date
y.'V, % •<! if •;£.
"'j
•
May 24 for
on
Denomination $1,000.
July 1,
on
from
accrued
bonds;
sewers
bonds.
pon
recently authorized the
of $1,225,000 street im¬
storm
run
(PST)
a.m.
the purchase of $45,000 not to ex¬
ceed 6% interest court house cou¬
date of issue.
y
provement bonds; $345,000 Huff's
May 1.
Bank & Trust
of .the $10,800,000 bonds
for award, the State Board of
■*
issuance
authorized at the election
bonds
on
full
of
15,
bids
syndicate composed
of the Pacific Northwest Co., Blyth
will receive sealed bids until May
& Co., Seattle-First National Bank
18 for the purchase of $1,000,000
and the
Bros,
the
•l"1' V.
■
Council
1949;
Bond Offering—D. N. Peterson*
Secretary of Board of Education,
was
associates for
and
par
No
Alexandria, Va.
1952; $15,000 in 1953; $14,000 in.
1954; $17,000 in 1955; $16,000 from
1956
to
1959;
$17,000 in
1960;
$18,000 in 1961; $19,000 in 1962;
$22,000 in 1963; $23,000 in 1964;
$24,000 in 1965; $26,000 in 1966;
27,000 in 1967 and 1968; $33,000
in 1969; $34,000 in 1970; $35,000 in
1971; $36,000 in 1972; $38,000 in
1973; $39,000 in 1974; $41,000 in
1975; $43,000 in 1976; $44,000 in
1977, and $46,000 in 1978.
State
Board
Buys
$2,400>000
Bonds-r-While the bid of Lehman
and
'.f;'
Bonds
1950; and $956,000 as 21/2s, matur¬
ing $22,000 from 1951 to 1955:
$40,000 in 1956; $42,000 in 1957 and
Bank, of Nashville, Dallas Union
1958; $43,000 in 1959; $45,000 in
Trust Co., of Dallas, Detmer &
1960
and
1961; $46,000 in .1962;
Co., of Chicago, G. C. Haas & Co.,
$47,000 in 1963; $50,000 in 1964
of New
York, Otis & Co., of Cleve¬
and 1965; $53,000 in 1966; $54,000
land, George K* Baum & Co., of
in 1967; $56,000 in 1968; $58,000
Kapsas City, Rauscher, Pierce &
in 1969 and 1970; $60,000 in 1971,
Co., of Dallas, Fort Worth Ra¬
and $57,000 in 1972, all inclusive.
tional Bank, of Fort Worth, Louis
Bonds maturing from 1959 to 1972
B. Henry Investments, of
Dallas, callable in
whole or in part on
Paid H. Davis, of Chicago, Camp¬
May 15, 1958, or on any interest
bell, Phelps & Co. of New York,
payment date thereafter.
Dated
Chas. B. White & Co., of Houston,
First of Texas Corp., of San An¬ May 15, 1948. Interest payable MN. The next highest bidder was
tonio, Ginther & Co., of Cleve¬
Halsey, Stuart & Co., Harriman
land, Dallas Rupe & Son, of Dal¬
Ripley & Co., Inc.," and Dallas
las,
Barrow,
Leary & :Co., of
Union Trust Co., Dallas,: jointly,
Shreveport, Moroney, Beissner &
for $504,000 as 2 V2 s, and $496,000
Co., of Houston, Thomas & Co.,
as 2%s. at 100.006, (callable May
and R. C. Schmertz & Co., both
15,1963).
,
of Pittsburgh, at a price of
100.024,
a net interest cost of
2.7154%, as
i yler, 1 exas
follows: $2,100,000 as 3s, maturing
H Bond Sale^— The $129,000 air¬
$350,000 on Jan. 10, from 1955 to
port improvement bonds offered
1960; $4,900,000 as 23/4s, maturing
on May 7—v.
167, p. 1971—were
from
bank.
VIRGINIA
1951; $14,000
Lamesa School District,
named
to date
about June
or
considered.
in
Warrant
the
Due
$8,000
1950
on
for less than
High School District,
follows:
as
Diet.,
Texas
Sale—Of
above
on May 18 for the purchase
$750,000 construction bonds;
bonds
$350,000
Singer
be delivered
(CST)
of
at 100.015.
$1,400,000
The
Lamesa Rural
house
R.
sold to Moss, Moore &
1968 inclusive.
name
the First National Bank of Boston.
$5,400,000 23/4s.
Rotan, Mosle & Moreland,
Stayart, Walker, Austin
& Waggener and Texas Bank &
Trust Co., Dallas, jointly, for $23,000 as 2y4s, and $727,000 as
2y2s,
James &
of
as
and
ings Bank of Chicago, R. J. Ed¬
wards, Inc. of Oklahoma City,
from
June
10,
to
to
are
terest in a multiple of y4 of 1%,
Principal and interest payable at
94.50.
$13,000 in
? •;..
'ir
April
public re-offering of the $8,400,000
bonds at prices ranging from a
yield of 2.10% to a dollar price of
by a syndicate com¬
posed of the Harris Trust & Sav¬
li
Dated
-
1949
ders
receive sealed bids until 7.30 p.m.
$20,000 from 1949 to 1951;
$25,000 from 1952 to 1958; $30,000
A-
on
from
made
Bond Offering — R. W. Kelly,
Secretary Board of Trustees, will
1860—$8,400,000 were
a syndicate headed
by
Lehman Bros., of New York, Halsey, Stuart & Co., and consisting
2.498%.
Associates
Dated June 15, 1948.
bell, Phelps & Co. of New York,
as
2V2S, at 100.03, a net interest
Due
and
T exas
offered
Bond
of
Bros,
man
A certified check for $50,-
Houston
1948.<"•
VERMONT
elected, pursuant to op¬
tion, to purchase a block of $2,Swanton Village, Vt. '■
400,000 of the bonds.
The bonds
Bond Offering—R. A.
purchased by the board mature
Carmen,Treasurer, will receive
$100,000 annually from 1955 to Village
1978 inclusive.; The entire issue sealed bids until 2 p.m. (DST) on
of $10,800,000 is payable at the May 20 for the purchase of $200,rate of $450,000 annually during 000 refunding coupon bonds. Dated
June
15,
1948.
Denomination
the years mentioned.
$1,000.
Due $10,000 on June 15,
Bonds Publicly
Offered—Leh¬
The next highest bidder was a Approved as to legality by Storey,
$130,000 from 1964 to 1968, all in¬
The approving opinion syndicate headed by the National Thorndike, Palmer & Dodge of
Boston, whose opinion will be fur¬
of Vandewater, Sykes & Heckler City
Bank, New York, offering
nished the purchaser.
Bonds will
of New York City, will be fur¬ par for $4,500,000
3s, $900,000 2V4s
Union Bank of Nashville, Thomas
Co.. of Pittsburgh and Camp¬
cost
Monday, May 17, 1948
•'
purchased
•
CHRONICLE
clusive.
&
■U:-
Jan.
on
Dallas.
Dallas
•'7
Due
lows:
$482,000
"77 Highland Park), '.
it
$1,000.
bonds
improvement
280,000 street paving bonds.
160,000 park improvement bonds.
120,000 public market bonds. ;•
the
for
Grayson County (P. O.
Sherman), Texas
vv7?:'
airport
8
Bond
bonds.
will a receive
a.m. (CST) on
Auditor,
purchase of $3,300,000 road bonds. Denomination
follows:
-
bonds,
June
I. Predecki,
—
FINANCIAL
Education
is required.
,
780,000
Offering
sealed bids until 11
000
will
$1,400,000 street opening and wid¬
ening bonds.
;
1140,000 storm
sewer
improvement
Bond
chaser.
receive
.sealed bids until 2.15 p.m (CST)
on
June
1
for the purchase of
$3,580,000
general
obligation
ley,
%'
&
bonds offered
ment
v..
167,
p.
on
May 10—
1972—were purchased
-
by the Wisconsin Co. of Milwau¬
kee,
a
as
1M>s, at a price of 100.083,;
1.484%.. Dated June 1,
basis of
Due
1948.
serially
on
March
lr
from 1949 to 1958 inclusive. Prin¬
cipal and interest (M-S) payable
?
1
■
* Skamania
vF
County (P. O.
Stevenson), Wash.
r "
Bond
will
be
Board
Offering
received
of
—
bv
Sealed
Farmers
at
bids
the Clerk
of
County Commissioners,
the
of
Sauk
bidder
zens
at
City.
was
Sauk
Bank,
100.066.
&
Citizens Bank
The
next
highest
the Farmers and Citi¬
-
City, for
\
iy2sf
,
@FedFRASER