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%
5
J94S
MONDAY
BU*.
UBRAlW
Reg. U. S. Pat. Office
New
Number 4799
169
Volume
General
RAILROAD
ized
shares
common
of
stockholders
of
stockholders'
approval
169,
—
___
31,
standing
value
$1,964,467
993,324
$1.30
993,324
$1.98
1
1949
the
of
$26.95
was
hands
stock
common
share
per
the
om
of
Cincinnati
Stock Exchange
36
Stock
37
37
was
1
the
shares
out¬
,
loss
income
General
-
1948
1947
$238,933
$240,210
57,894
than
62,925
56,435
Interest
on
collateral
on
bank
Net
bds,
47c
trust
BALANCE
U.
Government
S.
(other
$915,092
•
4,811,645
obligations
than
U.
Govt,
S.
obligations)
Total
88,905
31,532,912
purchased—not received
and accruals..
for
Reserve
♦Net
payables
current
$15,436
42,410
applxc.
to
outstanding capital sbrs.
•
.
;
-
-
.
,w:
97,819
38,252,533
NOTE—No
net
three
been
Provision
made
provision
income.
made
at
March
31,
in
1943
for
Federal
income
tax
at
was
Quarter Ended March 31—
Sales
investment- company
The
first
Gamble
1948
totaled $580,000,000.
Profit
before
Federal
inc.
income
1947
$1,771,549
16,628
-48,518
*88,593
$1,112,804
*112,974
tCr43,593
;
his
of
■
___
profit
Earns,
per
$10,298
*$48,518
*$45,000
p-
Nil
Nil
$0.11
share_
com.
tTax carry-back credit.
♦Loss.
Offers to Repurchase
This
founded
was
informed.
10,
Tho
&
in
notice
by May
16,
1949,
offer
expires
accetance
of
at
(Including
1949
returns,
etc.
interest
made
was
acted
Co.
as
Inc.
and
to
him to
place the
169,
Net
income
Total
Prov.
Fed.
income
Earnings
—V.
&
169,
(no
per
p.
foreign
inc.
$2,090,935
123,246
common
v.
stock out-
par)—_________
share
—
190,638
373,968
$2,479,229
$2,464,903
216,586
1,240,412
taxes
__—
of shares of
standing
$2,288,591
$3,274,428
expense
for
Net
$3,151,182
income
Interest
No.
income—_________
(less income charges)
operating
Other
1947
213,880
164,869
887,179
872,041
$1,817,430
$1,378,170
$1,427,993
2,726,856
2,736,856
$0.50
$0.52
V
2,736,856
$0.66
597.
Alleghany
Corp.—Buys Control of Investors Diversi¬
fied Service—
The
corporation,, it was announced April 27, has bought from B. C.
and his associates 85,660 of the 115,000 outstanding common
of Investors Diversified Service, Inc.,- formerly known
as In¬
vestors Syndicate.
It is understood Alleghany paid about $1,750,000,
Gamble
shares
or
about $20 a
share.
obligations
$107,357
$149,182
5,000
$104,110
SHEET
$660,822
$528,895
2,130,411
3,050,334
81,457
—_.
value
at
67,272
1
14,689,890
13,907,311
$17,548,395
for
payable
$17,567,998
securities
purchased—not
$10,135
—
assets
—
p.
and
provisions
for
$142,224
NOTES—No
net
250,416
$0.57
for
has
ranking
business
lives
1943,
of
Mr.
executives
estimated
in
the
have
who
service
of
all
such
net
Federal
income
practically
tax.
For
company
were
their entire
promoted on
t.lje positions of Chairman of the board, President,
J.
Sullivan
will
as
continue
as
the
a
company's
director
and
since
retirement
company
thp
chief
executive
officer.
a
member of the com¬
executive committee.
Carl H. Black, who was Executive VicePresident, was elected President, succeeding Mr. Figgis.
William C.
charge of
to succeed Mr. Black.
Vice-President
President,
in
income.
Adams
as
sales,
a
March
Federal
March
Provision
of
of
1948
such
for
made
31,
"regulated
1949,
1949,
and
tax
since
investment
on
the
com¬
the year substantially
Federal
materially reduced
was
31,
income
income
as
tax
in
the
at Dec. 31, 1948,
election.
Express Co. owned 650,500 shares (66.19%) of the out¬
stock of American International Corp., at March 31,
common
169,
p.
486.
the
week
ended
April 21,
Co.—Weekly Input—
1949, the System
inputs of subsidiaries
this company amounted to
7.24%
or
over
the
244,613,000 kwh., an increase of 16,511,000
corresponding week of last year.—V. 169,
1770.
American Radiator & Standard Sanitary Corp.—Earns.
(Incl.
and
pany's
Stolk,
for
ended
taxed
company
and
subsidiaries in
Quarters Ended March 31—
Figgis, who has been President of the
named Chairman of the board, following
was
be
at
Personnel—Sales Hold
spent
W.
Sullivan
months
to
18,613
17,542,716
$17,548,395 $17,567,998
shares
made
been
American Power & Li slit
of
this
three
elected
contemplation
standing
Vice-President.
Maurice
the
has
$6,669
15,056
17,523,204
capital shares
pany" and presently intends to distribute during
250,416
$0.97
•
outstdg.
provision
income
p.
Three
to
n
$242,054
—
—
105.
applic.
Total
The
1948
1949
outstanding
reserves
169,
Dudley
;
5,000
BALANCE
COMPARATIVE
first three quarters
share
per
Executive
-
taxes
'Represented by 982,800 no par
985,700 shares at Dec. 31, 1948.
to permit
the transaction.—V.
brokers in
profit
April 26 to fill
1948
income
received
Tv'v.-'/;
shares
3,334
15,721
______
Federal
corporation
to Gamble-Skogmo,
in strong hands.
American Can Co.—-Changes in
be
169, p. 597.
loan
LIABILITIES—
kwh.,
May
will
$24,199,502 $22,215,771 $19,867,609
20,038,131
18,988,183
16,987,754
1,010,189
938,997
788,920
depreciation
for
on
tenders
—V.
wholly-owned subsidiaries)
Operating expenses
Provision
of
Inc.—Earnings—
3 Months Ended March 31—
sales, less disct.,
(EDST)
p.m.
according to the company.—V.
Air Reduction Co.,
Gross
3
33,429
4,062
—_____
1949—V.
♦Net
*After
rejection
or
$161,594
38,525
4,161
Mar. 31,'49 Dec. 31,*48
Govt,
Amount
Minneapolis in 1894. Mr.
1948, the firm's assets
3 Months Ended March 31—
,
proposes
company's
and
1949,
mailed
$154,944
34,646
(other than U. S. Govt, obligations)
—60
As of Dec. 31,
1945.
*
Earnings
Stock—
___$187,989
2
inc. texcl. gain or loss on inv.)
Total
60
time
company
1661.
Common
to purchase up to 5,000 shares of its $1
par
common
stock at prices not exceeding $7 per share and has
invited tenders of the shares, the New York Curb Exchange has been
corporation
9,002
' >V 3,328
_______________
S.
5,151
.
2,722
'
Invests,
in
$15,014
$0.03
_______—
•
7,727
46
Allied Products Corp.—Earnings—
Net
for
1,890
9,881
bank
on
10,868
_
receivables
tCrl27,988
6,330
.
;
'
expenses
Cash
■
the sale of his
said
Stearns
Bear,
1946
$1,521,671
taxes-
taxes—
more
investment
1948
1949
bought control in
.Gamble
Mr
$1,586,085
______
______
Current
Net
the
Inc.—Earnings—
1947
$133,245
t
S.
.
U.
$12.06
investment)
ASSETS—
46
of
'
*
income
Net
out¬
1943
issuers
Govt., obligations
non-controlled affiliates
Provision
46
46
then
corporation
ACCOUNT
Other current payables and accruals_____
31,
in
Dec.
the
$140,451
income:
U.
From
53
45
Through March 31, 1949
devote
Air Associates,
Interest
IJ. S. Savings Bonds Issued and Redeemed
and
1949
shares
1949
$180,262
afiiliates—
■
-
unaffiliated
From
for
entirely eliminated as
contemplation of such election.—V. 169, p. 485.
of
quarters
non-controlled
From
46
Federal Reserve System
Federal income tax on
net
income
for
the
three months ended
March 31,
1949 since the
company has elected to be ,taxed as a "regulated investment'company"
and presently
intends to distribute during the year substantially all
such
has
shares
at
1949
Total
.
corporation
■
31,
on
31—
issuers—_____
Other income:
Statement of Member Banks of
Condition
re¬
income—cash:
General
Reserve Banks
$38,086,005 $38,390,350
__
_
•Represented by 1,407,100 $1 par
$1,415,200 shares at Dec. 31, 1948.
March
loss
gain or
Interest
___—.
level,
Report—
this
985,700
the
on
ended
T£,xes—other than income taxes
;
of
:
months
unaffiliated
From
>
Federal Reserve March Business Index
Total
share
per
■
three
Quarter Ended March
Dividend
.
Foreign Exchange Rates.
Combined Condition Statement of Federal
$39,997
97,469
37,930,690
contingencies
assets
-
.
Redemption Calls and Sinking Fund Notices
LIABILITIES—
Other
'
■
Dividends Declared and Payable
$38,086,005 $38,390,350
Amt. payable for sccur.
'
The Course of Bank Clearings
5,853,441
94,096
32,105,295
receivables
Invests,
$17.79
was
State and City Bond Offerings
Dec. 31,'48
$1,074,970
Current
1948
General Corporation & Investment News_Cover
Mar. 31,'49
ASSETS—
Cash
31,
COMPARATIVE INCOME
35
Miscellaneous Features
SHEET
stock
common
From
i
COMPARATIVE
the
of
(Excluding
National Quotation Industrial Stock Average.35
$140,360
1948
acquired 2,900 shares of its own stock at an average cost
per share.
Further purchases may be made in the future.
6,700
$155,127
$216,517
income
value
asset
standing. •;
During the
Exchange.-.—-26
Stock and Bond Averages (Dow, Jones)
5,558
7,000
taxes
income
Dec,
43
--44
26
Section
Markets
Transactions New York Curb
26,170
9,170
loan—
Federal
for
net
41
Transactions New York Stock Exchange^
4,987
4,712
5,401
taxes
income
Interest
Prov.
—
.—i,
expenses
Tax—other
Over-thc-Counter
1949
—
.
Toronto Stock Exchange—Curb
$279,812
3 Months Ended March 31—
—
Exchange.—.
Stock Exchange..
Toronto
investment I
on
Stock
Montreal Curb Exchange.
t
COMPARATIVE INCOME ACCOUNT
or
Francisco Stock Exchange
San
Montreal
of $18.55 per share.
the
above
9%
about
March 31, 1949, was $17.82 per share on the 982,800 shares outstanding
in
the hands of the public.
The corresponding net asset value on
38
39
_40
—40
St. Louis Stock Exchange,.—
During the three months ended March 31, 1949 the company acquired
is
is currently about 1%
International Corp.—Quarterly
American
Stock Exchange
„
r
sales
of
volume
physical
The
—37
Philadelphia-Baltimore Stock Exchange
38;
Pittsburgh Stock Exchange
12i—38
Los Angeles
at
company
s
(Excluding gain
Exchange
Detroit Stock Exchange
1,407,100
8,100 shares of its own stock at an average cost
Further purchases may be made in the future.
Total
36
Stock Exchange
Chicago
the public.
The corresponding net asset
$27.02 per share on the 1,415,200 shares
of
1948
the
in
Exchange—
Stock
Boston
Co.—Quarterly Report—
value
on
Dec. 31,
outstanding,
then
$1,286,848
27
31
—36
New York Curb Exchange—
Cleveland
asset
net
March
New
1,204,029
1557.
Adams Express
The
3,168,496
—
share.—"
per
p.
Page
(Stocks)
York Stock Exchange (Bonds)
Stock Exchange
New York
1949, according to Mr. Figgis, are currently
record volume.
1948
volume
below the 1948 level.
The
current
level
of
operations has been made possible to
an
important degree by
new
plants and machinery which have been
completed since the war, Mr. Figgis said.
The company's future program of plant expansion and installation
of new machinery to bring capacity into line with expanding require¬
ments will, he said, remain on a flexible basis, adjustable to conditions
in customer industries. -However, he added, the need for new facilities
is inescapable
in many specialized fields where the company's sales
and research departments have created new packaging methods with
consequent expansion of customer demand for
special-purpose con¬
tainers.
Barring unforeseen developments, these demands justify 1949
capital improvements considerably greater than the $26,000,000 average
of the last three years, Mr. Figgis said.—V, 169, p. 597.
Quotations
788,714
/
outstanding
with the
dollar
flecting price adjustments due to increased costs of tinplate and labor,
^■S:^
2,075,562
—
Net income
—V.
Stock and Bond
STATEMENT
INCOME
income
income
meeting
1,500,000
annual
1949
1948
$14,572,476 $14,914,592
Less Federal taxes
Net
the
at
sales
Shares
In This Issue
held by
one
.
,
Quarter Ended March 31—
Operating
The
while
COMPARATIVE
Net
Sales of the company for
for each
share
one
MISCELLANEOUS
-
about even
June 15 of 993,324 author¬
increase in the authorized common stock from
3,000,000 shares.
INSURANCE
-
23.
May
follows
action
The
April 19 of an
to
basis
the
on
record
INDUSTRIAL
-
Distribution, Etc.—
Steel Co.—Stock
Acme
The directors have ordered the issuance on
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, May 2, 1949
was
elected
Executive- Vice-
Net
sales
the U.
Net
of company
S.___
income,
and
subs
in
•
after Federal taxes___
outstanding
Common
per
|
common
1948
1947
,
$44,708,000 $51,632,113
$41,507,514
3,742,000
4,911,386
3,478,212
10,043,291
10,043,291
10,043.291
$0.37
shared
Earnings
the U. S.)
1949
$0.48
$0.34
share—.
Results of the company's operations during the first quarter of the
current
building
year
were
consistent
construction
over
with
the
the
past
declining
several
trend of residential
months,
Theodore
E.
2
Mueller,
for
after
"In
'A drop in the volume of contracts awarded
construction, first in evidence last fall,
was
accen¬
turn
factor
he pointed out.
corporate
sales
and
should
be
not
shortages
and
American-Standard'
in
there
is
past
rising
in advance
During
some
Mr.
in
of
Mueller
'
Standard
than
able
substantial
a
materials
Raw
said.
at
and
169,
of
general
are
now
that
states
v.
,
1946
$
...
■
755,607,321
707,805,285
1,769,156
1,598,012
Other
79,340,100
-
interest
from
*
interest
1,325,362
57,078
184,190
—
income
•
(•Interest,
7,418,980
5,726,100
1,296,739
1,630,291
1,243,989
820,561
533,437
731,028
the
Other expenses and losses,—
Prov.
lor
res.
against
invest,
income
Portion
of
intends
to
1,622,000
Cigar
of
applic.
&
125,332
adjusm't of prior years'
State
taxes, incl. in¬
78,949
1,740,279
Cr706,479 Crl, 127,040
1
43,912,204
33,845,021 '. 29,886,557
Its
to
for
Cash
principal activities are investigation and research with respect
or existing enterprises, processes or products and of furnishing
dividend
stock__
preferred
on
Balance
purchasing securities of other companies primarily and
principally engaged in the conduct or development of new enterprises,
processes or products.
to
or
Surplus
the company had invested a total of $2,322,402
of the companies
(Baird Associates, Inc.,
Circo Products Co., Cleveland Pneumatic Tool Co., Colter Corp., High
Voltage Engineering Corp., Snyder Chemical Co., and Tracerlab, Inc.)
in
13
companies.
in
were
3,161,982 .? 3,161,982
3,161,982
remaining six,
throughout
production
the
which were in varying
all of
1948.
year
stages of development
Investment
the
Under
classified
as
closed-end,
a
Act
Company
1
1940,
of
the
diversified investment
non
corporation
company
of
The
of
management includes General Georges F.
Doriot, President,
who
during World War II was Director of Military Planning, Office of the
Quartermaster General, and Deputy Director of Research and Devel¬
opment
the
of
Department
War
of
man
of
the
the Board
86,802,821
73,098,729
Research
tablishment;
Edwin
and
Dr.
are
Development
Karl T.
Board,
National
Military
Es¬
Gilliland, Department of Chemical Engineering,
Massachusetts Institute of Technology; and Jerome C. Hunsaker, De¬
partment of Aeronautical Engineering, Massachusetts Institute of Tech¬
nology.
y
3V8'/'
series
due
1978-
v
1»546,057
,
140,532,103 117,485,860.101,369,361
stock
com.
&
the
of
Board
include:
Directors
of
Jr., President, Taft-Pierce Manufacturing Co.;
Hancock
John
Life
Mutual
Frederick
S.
Blackall,
:
17,703,979
20,169,092
Surplus
120,363,011
end of year
i
share of common and
per
2%
14,566,540 !
Co.; Bradley Dewey, President,
Georges F. Doriot, President, American
Co.;
Ralph E. Flanders,
United
States
'
.
*,
,
$7.58
"
$5.70
$5.96
BALANCE
Cigarette
American
subsidiaries
domestic
and
SHEET,
Cigar
Co.
DEC.
and
except The American
the Orient,
of
'
deposits in banks and cash
Accounts
receivable,
Miscellaneous
Leaf
owned
stock,
redemption of
Securities
571,091
of
Other
Trust.—V.
Mortgages,
American Superpower Corp. (of Del.)—-Offers to Re¬
purchase Preference Stock at $76 per Share—
The
corporation has invited tenders of its preference stock
iiolders thereof at prices not
include
all
accrued
and
Wholly
will
be
made
May
1949.—V.
2,
American
of said stock
will expire at
(EDT)
3 p.m.
41,858,630
Brands, trademarks, patents, good will, etc.
54,099,431
;
'V
Telephone
&
Telegraph
Co.—Dismissal
of
vigorous
denial
anti-trust
that
are
Electric
Co., for more than 65 years the manufacturingunit of the Bell System, and the American Telephone and Telegraph
Co.,
are
defendants in a government civil suit seeking to separate
Western from the System and divide it into three companies.
"It is necessary for the Bell System to include a
manufacturing and
supply unit if nationwide telephone service is to continue to be of the
highest quality at low cost," the answer states.
"The Bell System
maintains
and
its
manufacturing and supply unit solely to
accomplish that result and it would be contrary to the public interest
to
disrupt the existing organization and manner of operation of the
Bell
In
uses
the company's answer Leroy A. Wilson, President
of
American
Telephone and Telegraph Co.,
stated that
"the
high
quality and low prices of Western Electric's equipment have been a
major contributing factor in providing the American people with the
best telephone service in the world," and that "the present relationship
between
the
paramount
service
time
of
on
Bell System and Western Electric has not only been of
Importance in providing
adequate nationwide
telephone
time
in
of
war."—V.
but has been
peace,
vital
to
the
national
effort in
1770.
169, p.
5%
in
the
$1,056
the
be
cer¬
acquired
Dumas.
These
company
Town
of
(Increased
annually.
subsidiary of Electric
a
&
Co.
Light
from
13,
1949.
Company is
Corp.
Power
Light Corp.
&
and
the four subsidiaries
of
one
make
which
up
a
that system are Mississippi Power & Light Co., Lou¬
Light Co. and New Orleans Public Service Inc. and
and
sale
of
natural
the
of
months
12
the
and,
gas
to a limited extent,
the commercial district
in
of
Feb. 28, 1949, consolidated operating rev¬
its subsidiaries were $27,163,133, of which
derived from the sale of electric service,
ended
company
86%
and
was
frorp the sale of natural gas and 9% from transportation service.
UNDERWRITERS—The
54,099,431
Halsey,
on
fund
9,043,404
pfd. stock for quarter end. Dec. 31-
'790,49 6
34,949,390
be
operations
through
30,327,313
1,834,072
expenses
redeemed
1,583,796
9,211,000
•
20-year due April
due
25-year
due
4%
bonds
67c
15,
Jan.
of
names
the
underwriters
several
the
and
1,
Oct.
stock
(par $100)
52,699,700
$25j
(par
20,575,591
stock,
1,162,358
at cost
Total
net
for depreciation
reserve
1947.
(Represented
by
cludes
which
B
was
Co
L
& Cummins,
150,000
Inc.
300,000
(& Subs.)—Earnings—
1949
88.638,000
of
goods sold, de¬
and other exps.
livery
831,250
for
Prov.
1946
1947
1948
$10,294,610 $10,451,580
$8,435,831
Cost
;
715,277
$6,978,658
7,724,406
9,628,155
9,255,089
268,275
240,969
157,892
6,810,234
145,760
$443,150
$425,486
$1,038,599
$22,664
•85,927
14,775
9,688
15,463
$529,077
$440,261
$1,048,287
$38,127
depr. & amor.
Operating
52,699,700
Inc.
from
Total
Federal
of $26,082,678 in
shares
93,713
proceeds from sale of
common
450,000
&
350,000
1770.
Atlas Powder Co.
20,575,591
686,675,097
•After
Wheelock
3 Mos. End. Mar. 31—
profit
invests.,
etc.-
stock
common
into
converted
of
common
$582,033 from French subsidiary.—-V.
note
on
income
for
17,314
1G.875
173,000
150,000
pay
taxes.—
3,972
'
394,000
contingencies.-
100,000
646,754,2 47
income
Net
1948 and $25,598,117
$270,372
$550,315
$273,386
$38,127
(Excess
Dividends
on
pfd.
stock
68.391
68,391
68,391
par value.
^Includes
stock
in
1948. y 1!In¬
Dividends
on
com.
stock
129,691
129,154
123,603
192,435
Shares
com,
outstdg.
259,388
253,313
257,211
256,584
share
$1.04
$0.79
$1.87
Nil
stock.
common
over
income
Interest
Prov.
in
Thomas
300,000
Sales
120.363,011
99,781,881
Dr7,007,060 Dr7,007,060
surplus
(Treasury
100,000
300,000
Brothers & Co
300,000
Co
Co.——
p.
700,000
•
Walter Stokes & Co
136,803,450 §136,803,425
ICapital surplus
Earned
Co
Stern
and
783,750
preferred stock
&
169,
&
150,000
Anderson
&
Ellis &
&
Otis
300,000
450,000
Co..:_
Son? Inc.—_
Day
Hill
81,139,000
831,250
Cigarette
L.
Gregory
;
85,567,000
1951
American
—$4,450,000
Inc.—
Co.,
—V.
72,000,000
1969
1,
„
77,671,000
._
1968—
15,
in
;
Mullaney, Wells & Co.
Co.
6,057,000
12,812
>
.
1962
maturing Aug.
Minority interest
Cigar Co.
Common
&
&
Green,
sinking-
.
debentures:
R.
1,112,816
Accounts payable to unconsolidated subsidiaries-
20-year
&
Bradford
C.
Burr
790,496
1,072,910
taxes
to
Stuart
Inc.
J.
122,500,000
6,516,725
accrued
Accrued
of
commenting
&
approximately
3,461,203
-
72,000,000
___,
payable
Dividend
own
System."
time
may
(Represents
mortgage.
the
which
series
Rock.
enues
686,675,097 646,754,247
payable to banks—:
Accounts
being
violated by the
Bell System was filed April 27 in U. S. District Court at Newark, N. J.,
in answer to a
government complaint charging restraint of trade and
monopoly in the manufacture and' sale of telephone equipment.
Western
3,515,194
—
—
Total
37c
laws
of
rate
all
respective principal amounts to be purchased by them are as follows:
Debentures
^
..
Anti-Trust Complaint Asked-—
A
note receiv.,
Advertising and other accrued
1002,
169, p.
_
in
Power
For
372,420
2,071,928
32,846,536
Interest
v.'-
the
at
service rights
Share
&
Power
Corp.
Little
LIABILITIES—
purpose.
under
assumed
of
bonds
providing central steam heating service in
8,555,864
372,409
of
is
and
distribution
6,000,000
1,918,486
stock.
such
on
prices (but not exceeding $76 per share)
amount sufficient to exhaust $300,000 appro¬
offer to tender shares
The
5,800,000
cost
excess
of
system is frequently called the Middle South System.
The- company is engaged as a public utility in the generation, trans¬
mission,
purchase,
distribution
and
sale
of
electricity;
purchase,
to exceed $76 per share, which prices shall
unpaid dividends
lowest
accepted up to an
priated for that
on
the
at
not in
45,891 shs.
§2,100,000 shs.
,
insur. deposits, etc
?
•Real estate, machinery,, fixtures, etc—
Prepaid expenses and deferred charges———
Notes
Tenders
at amts.
Electric
isiana
103,164
8,645,702
investm'ts,
time
the
47,609 shs.
45,891 shs.
(3,000,000 shs.
the
1,475,000
British—•
owned
47,609 shs.
—
—
BUSINESS—Company was "incorporated in Arkansas
is a public utility company operating in the State
It
Electric-Bond
Light
938*
142,444
112,582,033
Others
the
from
58,973
;
unconsol. subsidiaries-
receiv. from unconsol. subsids.-;:
subsidiaries not consul, herein:
accts.
Vermont; Horace S. Ford, Treasurer, Massachusetts Institute
of
Technology; Eugene M. Geddes, partner, Clark Dodge & Co. and
Merrill Griswold, Chairman
of the Trustees, Massachusetts Investors
1442.
from
12,672
5,000.000
coordinated and
inter-connected public utility system in portions of Arkansas, Louisiana,
and
Mississippi.
The other
three subsidiaries of Electric Power <Sr-
operating
debentures———
receivable
Accounts
AND
1926.
2,
Arkansas
of
36,019,685?34,558,435
.
8,300,000
8,300,000
semi¬
by
amendment of
charter
made
April
320,000 additional shares sold in April, 1949.
of
$
528,243
| $30,000,000
11,000,000
7,500,000
\
[
amount
one
at
mature
of
19,505,159
receivable—_\ui
manufactured
any
property and
COMPANY
Oct.
1947
16,175,829
customers-—-————,
accounts
tobacco,
Research
p,
Outstanding
shares
■
Co.
f '
1948
hand
on
utility
§Includes
<'
'
maximum
at
the
supplies, etc., at cost
514,958,038 483,133,078
Cash on deposit with sinking fund trustees for <•
Senator,
169,
•
FINANCING
PRESENT
TO
—
par)
indebtedness
of
obligations
Tobacco
Inc.)
,
($12.50
tificates
2,000,000
wholly
all
stock
of
reimbursement
to
—
due .<$500,000
outstanding
31
$
Demand
program
respective years.
Orders
been placed, but such
„_
notes
•Represents
'
(Including
and
have
•$250,000,000
pfd. stock, cum. (no par)
Common
in 1948, $1,920,905 in 1947 and $1,444,867 in 1946. :
tlncluding in 1948 and 1947 redemption premium on 3') debentures.
CONSOLIDATED
serial
$6
?
equity in the earnings of unconsolidated subsidiaries amounted
Notes and
Development
the
——
to. $1,368,810
Dewey and Almy Chemical Co.;
and
EFFECT
annually) 1951 to 1956
$7 pfd. stock, cum. (no par)__
99,781,881> .,69,802,821
,
stock
B
common
Paul F. Clark, President,
Insurance
extension
construction
subject
sinking fund debs due 1974—
(Miscellaneous
com.
B
Earnings
being
in connection
funds will be
the
the
1974—
—
Members
in
projects
1977.__
Compton, Chair¬
R.
of
and
Authorized
due
on
1957)
30,
its, facilities
company's
Fir&t mortgage bonds: >...
General Staff.
Advisors
of
April
balance
company
GIVING
due
tiivs.
in
year
expenditures incurred.
99,781,881
ASSETS—
Members
for
series
•The
stock
capital
the
facilities
facilities
the
series
stock
the
and for other corporate purposes.
these
of
by
i
Total
the
the company consists of 300,000
shares of common stock ($1 pari.
As of Dec. 31, 1948, there were
133,500 shares outstanding, and net asset value per share totaled $25.76.
authorized
The
generating
certain
3Var/c
type.
management
for
for
revocable
2%%
Cash
•
is
and
new
PROGRAM—The
life
on
Air.
in
1948, three are now in commercial production.
ending
improvement, of
or
program,
construction
of
are
are
3% %
the
Of
extension
the
manufacturers
_
Seven
commercial
period
of
1
Jan.
due they shall
be re¬
initial special redemp¬
the
case.
construction
.CAPITALIZATION
year—
than
become
prices;
be used to pay .$2,000,000 short-term bank
1948, to reimburse the company's treasury, in
used for the acquisition of property or the
26,724,575
policies
to
will
18,
30,683,039 v
of
pursuant
already
40,750,222
insur.
from
earlier
shall
months'
George W. Hill, deceased
less cash surrender value thereof-
of
As of March 31, 1949,
be
cash
redemption
to surplus account-
added
beginning
Proceeds
March
materials
orders
new
capital
proceeds
$6,200,000
for
income
or
year 1949 is estimated to cost approximately $23,100,000.
complete- construction started during 1949 together with ether
projects
now
expected
to
be
undertaken,
will
require
expenditures
during 1950 and 1951 estimated to aggregate an additional $17,800,000
and $14,500,000, respectively, of which
approximately $10,800,000 and
63,017
terest, less related expenses
>?/?,'•:'
shall
such
12
CONSTRUCTION
.
,
Net
finance.
company
To
new
to
of
during the
proceeds of this offering for general corporate purposes. The company,
formed in 1949, lias under consideration a variety of new products and
processes
the
20,823,000.,- 18,074,000
to
interest
and
Federal
the option
at
improvement of present facilities,
American
Co.
the
funds
construction,
1,463,000
26,099,000
income
&
minority
Refund
net
the
use
taxes
net
Cigarette
net
______
2,253,000
taxes
fund
of
general
(fer
for
used
718,926
the
made
part,
with
200,000
notice,
plus interest in each
The
loan
in
subsidiaries
income
company
discount
and
both
PURPOSE—The net proceeds from the sale of the bonds, together
with
$4,000,000 proceeds from the sale of additional common stock
made in April, 1949, will be used for the
following purposes:
55,907,265
5,567,714
amortiz. of discount, etc.-
Other interest
100.25991?
bid
?
258,719:'
537,108
? 64,301,305
Co.
'
-'180,602
147,868
&
??,?:7,???
.
sinking
deposit
at
101.70;
703,651*
v.;
80,385,537
Federal
Corp.—Stock
the
the
tion.; price
4
»../
840,491
Total
avail¬
readily
more
for
tion
which
54,764,293
62,254,645
sub-
White,- Weld
*
the debenture agreement, by the use of cash
deposited with the trustee for the sinking fund requirements at special
redemption prices, provided that if the date fixed for such redemp¬
764,167,590
791,913,443
tiki
100.55
,
May
.redeemable upon like
the requirements of
^i??1? •
■
———
bid
;
1, 1949; due May 1, 1974.
Debentures will be redeem¬
able at option of company in whole or, in.
part at any time prior to
maturity on at least 30 days' notice ;at general redemption prices, the
initial general redemption price
being 105.13; debentures will also be
and
consolidated-———
not
Other dividends and
April 26 by the company. Priced at $25 per
share, the total amount of the offering will be $4,162,500.
prospectus
?
,/
2,213,374
expenses
and
sidiaries
made
The
general
Operating profit
•Dividends
shares of common stock
fered—Public offering of 166,500
was
$
.
873,466,917' 819,631,122
__v_
Of¬
Development
&
^
Corp.
33/»s.
Dated
deemed
over
State
Research
selling,
sales,
British
American
■
'
allowances
administrative
1770.
p.
for
owned
?; :.-i ••?■'
1947
S
-
.
and
Depreciation
time since the beginning of the war, Mr. Mueller
steel plate and steel tubes are still in short supply,
are
this condition will be relieved .in the next few
indications
months.—V.
in
'
,
Monday, May. 2, 1949
Boston
YEARS
business."
of
volume
supplies
,
Cost
any
However,
hut
business
-
returns
the balance of 1949, Mr.
Mueller stated,
will follow the trend of building construction as a
whole, and of residential building in particular.
He said that "all
forecasts
of
construction
activity coming to
the attention cf the
company
indicate a level of building which should give Americancorporation's
CALENDAR
'/
Inc.)
Sales, less trade and cash discounts,
cases.
the
FOR
1948
declared.
of
Trend
the Orient,
to
needs.
many
ACCOUNT
"
Consequently, substantial inventories were accumu¬
As a result, we believe that in recent months
our
customers, like those in many other lines of business, have been
liquidating their inventories and buying on a hand-to-mouth basis,"
lated
INCOME
CHRONICLE
Cigarette and Cigar Co. and all wholly
subsidiaries except The American Tobacco Co.
the
measure
orders well
placed
FINANCIAL
American
domestic
earnings
overlooked.
perhaps
(Including
v:
year,
current
to
customers of
actual
the
of
which
due
years,
prices,
of
the
considering
another
three
CONSOLIDATED
President, said.
residential
tuated
COMMERCIAL
THE
(1878)
v
169,
of
Earnings
p. 1558.
com.
per
85,746
•Including $71,981 profit on sale of real estate.
Ann Arbor
RR.—Earnings—
March-
Gross
Net
from
Net
ry.
CONSOLIDATED
1949
from
railway-
1948
1947
$728,975
$692,417
13,195
147,806
177,711
42,361
income—
Sales
Cost
:
YEARS
CALENDAR
of
1947
$43,053,355 $41,242,568
—
40,074,760
1,034,330
delivery and other expenses
Provision for depreciation and amortization
•14,759
61,837
78,998
•1,346
1,857,018
2,088,855
1,929,701
1,511,521
railway
income—
276,116
352,132
434,670
202,007
Income
from
investments,
101,1C4
120,912
191,581
67,279
Income
from
termination
37,387,036
$1,944,265
goods sold,
railway——
oper.
ACCOUNT*FOR
1948
$575,508
railway-':
INCOME
1946
$511,994
$3,040,943
814,589
From Jan. 1—
Gross
American Tobacco Co.—Annual Report—Vincent
Rig-
in
volume,
1947.
with
both
in
Consolidated
$819,631,122 in
During
earnings,
dollars
sales
net
as
in
units,
1948
were
surplus
was
increased
to
by $20,531,130 from
three
surplus from earnings
company's borrowings.
Additions to surplus in those three years total
$45,718,225.
We believe that continuing high costs as well as indebt¬
edness
resulting from rising costs over a period of years, and sinking
requirements which will aggregate approximately $9,750,000 in
1949, point' to the wisdom of the company's conservative dividend
policy.
fund
Notes
1947,
The
payable to banks decreased from
to $72,000,000 at the end of 1948.
Funded
reduction
and
debt
at
with
$176,665,250
sale
early
$6,385,000
in
retired
pany
the
are
Dec.
at
the
1948,
amount
1947.
31,
the
of
of
This
the
increase
20-year
25-year
of
their
believe
present
that
payable
end
3%
37c
resulted
from
the
debentures,
less
which
debentures
respective
business
compared
sinking
conditions
resources
of
funds.
during
your
com¬
SEC
company to
previously
Power
Co.—To
Establish
$18,-
has
scheduled
establish
reported,
an
the
for hearing on May 4 the proposal of the
$18,000,000 line of credit with four banks'.
As
funds
would
be
borrowed
for
initial
about
payable-—
$3,502,483
$1,997,497
70,171
28,444
640,000
1,200,009
•_
taxes
for
413,423
—
—
contingencies
250,009
—
income
$2,024,039
on
preferred stock-——
273,564
273,564
on
common
stock
645,770
643,015
Shares
'
$1,287,326
Dividends
from
borrowing, in the amount of $4,000,000, is contemplated on or
May 3, 1949, to be evidenced by 2 'A % notes maturing May 1,
contracts
—
notes
income
48,117:
53,232
etc
of
Dividends
construction
New
New
Net
——
income
on
Federal
Appropriation
time to time, prior to May 1, 1950, from Irving Trust
York, Guaranty Trust Co. of New York, Bankers Trust Co.,
York, and MoJlon National Bank & Trust Co., Pittsburgh.
The
purposes
Co.,
common
259,388
258,313
$3.90
$6.77
Earned
At
there
of
per
Dec.
stock
outstanding, Dec.
share—
common
31—
—„____
31,
1948, the holders of preferred stock numbered 1,350,
3,433 holders of common stock.
were
and
1950..
In calling for the hearing, the Commission stated that it was "ap¬
propriate
to
inquire
into
the
permanent
financing plans
of . Ap¬
palachian" and of its parent, American Gas and Electric Co.—V.«169,
p.
of
banks.
to
$245,280,250,
of
the financial
presently adequate for its needs.
directors
notes
to
and
20
operation
continuance
of
amounted
$75,000,000
amount
through
the
in
31,
Dec.
of
1948
principal
Assuming
1949,
at
Working capital increased
$365,294,682 at Dec. 31, 1947, to $441,495,807 at Dec. 31, 1948.
increase in working capital results principally from
increase in
inventories
were
$122,500,000
Electric
000,000 Credit—
The
years,
Total
Interest
Appalachian
$12,158,035%-in 1946.
last
oper.
Operating profit
•Deficit.—V. 169, p. 1558.
higher in 1948 than
$873,466,917, compared
including 1948, the directors have
deemed it prudent to follow the policy of retaining in' the business
a
reasonable
portion of the earnings to supply part of the funds
required to maintain adequate leaf tobacco inventories,
to improve
and expand manufacturing facilities
(both of which were necessitated
by increased sales of our products), and to provide for reducing the
from
ry.
was
compared with $12,979,060 added
during 1947, and
the
from
1947.
1948 consolidated
During
and
Net
Net
gio, President, said in part:
Sales
from
Arkansas
Power
&
Light
erty,
Co.—Debentures
Halsey, Stuart & Co. Inc. headed
Offered—
underwriting group
that offered publicly April 28 $8,300,000 3%% sinking
fund debentures due May 1, 1974, at 102y6% and accrued
on a
an
The group was awarded the debentures April 26
bid of 101.30.
•
The
company received one other bid for the .bonds as 3%s.
This
submitted by Equitable Securities Corp. and Central Republic
Co., Inc. (jointly), named a price of 100.317.
Union Securities Corp.
bid
100.48
and
Lehman
Brothers and Stone
& ;Webster
Securities
Corp. (jointly) bid 100.1759, both for the bonds at 3Vis.-1: The First
:
one,
i
ASSETS—Cash,
accounts
and
BALANCE
$3,525,491;
notes
U.
S.
receivable
SHEET,
MARCH
Government
(less
31,
1949
securities,
$165,320),
reserve
.
$2,312,672;
$4,158,140;
inventories, $6,169,374; securities of unconsolidated subsidiary company,
$474,594; miscellaneous investments (at cost or less), $77,291; prop¬
1558.
interest.
CONSOLIDATED
-v-.
i
>
<"%
v;
x:
»
•?v
plant
tization
deferred
and
equipment
(after
for
reserve
of
$13,463,522), $11,650,201; goodwill,
charges, $119,587; total, $32,540,032.
LIABILITIES—Accounts
payable,
$941,049;
depreciation
accrued
and
amor¬
etc., $4,052,682;
patents,
liabilities,
$672,-
522; estimated liability for Federal taxes on income, $871,208; dividend
accrued
on
preferred stock,
$45,594; notes payable—due 1950-1955,
$3,000,000; reserves for insurance, $218,312; reserves for pensions (less
in pension trust,
$2,344,581), $351,875; reserves for contingen¬
$928,787; 4%
cumulative convertible preferred stock ($100 par
amount
cies,
value), $6,839,100;
$8,818,764; capital
common
and
stock
paid-in
$8,933,870; less 5,175.34 shares
total, $32,540,032.—V.
*1
';
•,
168,
p.
(no par value—$33J/2
surplus,
common
.
$1,062,061;
2003.
*-•¥
paid-in value),
earned
stock in treasury,
('' v-
4J
surplus,
(Dr)$143,110;
THE
Volume H>9 -/Number 4799
'f AvcoiMaiiufarlurmg Ckjrp.—Registers With SEC—f- f
The 7 corporation has filed a registration statement with the SEC
,
COMMERCIAL
■
shares, of; the
&
FINANCIAL
CHRONICLE
Mr.
preferred
and common stock not subscribed
offer.
r
is to raise additional capitis/! funds
available for use in Ony authorized corporate purpose, including capital
expenditures.. Capital iexpenditures of $2,800,000 are contemplated in
1949.—W. 1*09,' p. 1775.'. ■;
'
,v /
■;'
.'/ ?./
any
.new
for
pursuant to the subscription
The purpose of the financing
*
(1879)
said
Grace
that
these
"from
figures
total
of
orders
3
hand
on*,
readily seen that business is holding up
'• !''■.• ! ■;
,: ■■
$11,500,000 on new construction in the first quarter
pf 1949... There remains uncompleted but authorized a total of $80,-.
000,000, most of. which will be finished this year.
The'company's shipbuilding program is billed through the spring
of
1951, Mr. Grace stated.
He added ho«-over, that the firm's ship
repair business is very slack.—V. 169, p. 1663.
,
and
bookings
new
it
coverhig 38,7.,<^il shares of common .stock; ($3 pari
reserved fcr-issu?
'ance
to pfficers and; supervisory executives under the .company's
''rstocr OpttohVPr&n'/ drf options assumed by the company upon ac^ quisltion, of ;thn i?,ssc:ts;oi; its former subsidiary American Central /Manufacturing Coi:p. on Nov. ,20, 1946. '
t
Of the Sbaresj321.83iU are shares the rights to purchase which had
:fBangor & Aroostook RR. -March Earnings Increased-accrued" by'May'- 30;:r\ie47/- pursuarit .;to then outstanding options and
1.; Period. End. Mar.31-/ '/
194S—Month—1948
'
1949—3 Mos.—1948 '
/.which .ai4. still outstanding;. Said shares are a portion of 323,33?
.Railway oper/ revenues $2,129,057 $2,066,537 $5,094,213 $5,152,773
be
can
•'
very well."
;
;
Bethlehem spent
-
.
.
1946. In addition,. the company is reg.stershares the right to purchase which either has
• accrue, by
May 30, 1950, pursuant to options
granted by ithe company and now outstanding.
- *
'•
"
shares registered;in. May,
.
additional
i'lng, 65,209
•
already
aecrue'd
Proceeds
.
exercise
the
from
Railway
such
of
options
will
added
be
[
V;
expenses
fr.
rev.
Railway
the
to
Net
964,803
1,070,830
2,665,186
$2,429,027
'466,786
1,069,463
$2,190,118
986,686
accruals//
tax
ciiKi
-Railway
Rent
income
oper.
income
$654,041
$528,921
$1,359,564
$1,203,432
66,853
53,116
91,882
v.
20,00U shares.—V.
169,
'•
Net "ry.; oper.
-.-
i
Income
advances
and
to,
investment
companies
increased
i
assets
Current
and
bonds
of,
notes
$100,073,835,
31,
Dec.
which
1948,
31,
.515,911
for
than
more
due
M
i-X See
1948,
Dec.
on
amounted
////:
31,
this-increase
01'
1947.
$1,018,331,132,
to
or
$26,-.
•
$24,642,697 /
;.
INCOME
ACCOUNT,
YEARS
1948
6,192.48
-;H'
Average miles operated'
Railway Oper. Revs.:
S
:
31
■■
1946'
6,152.58
1947 ///-■
6,193.61
,
'
DEC.
ENDED
-/:
/
/',
139,826
$546,357
! •:
'
$431,187
$1,139,477
251,997,489 293.496,039
24,342,611
6,037,308
48,215,829
5,311,843
Express/—2,517,254
4,999,378
Other
4.121,707
.
!
'
.
1949
"v 'f-;
1947
1948
•
$6,917,781
5,7 4,291
784,929
,53,469
1,756
-•.■•Profit1'- "$283,336
$661,894
of goods' so-d-/-.. ''
Sell., gen. & admin, exp.
iProv;. for.: depredation-/
Amortization
Discount, ..rental,
dends & misc.
,
/■•• Total
Int.
2,877,259'
620,158/
1946
.
6,«43,566J'
8,607,205
$1,025,049
9,703,983
income
Divs.
Prov.
Railway Oper. Exps.;
48,856.912
of way <fc struct.
Maim, of equipment-
76.484,171
94,383,142
73,211,184
8,206,109
7,530,851
167,832,456
155,853,534
135,203,878
4,602.433
4,434,545
4,242,439
48,490
18,474
$1,073,539
$669,339
(net)
59.984
32,639
6,889
107.534
10.971,557
10,558,675
9,466,174
75,969.221
59,917,683
29,772,427
64,711,672
/
-
268,968
60,000
60,000
on
Gross
Net
6,499,302
129,067,475'
Railway
accruals-
30.628,316
26.561,916
Cr735,835
A./_
425,383
2.413.917
2,680,773
and
is
2.073,335
1,918,379
2,151,717
43,110,013
29.039.949
25,909,109
The
37,043.094
tax
X/' Net ry.oper, income-
267,775
$112,457
$352,386
294,797
294,796
196.530
786,120
786,120
393,060
$0.14
$0.45
$0.82
Net
196.530
786,120
$1.01
•
$641,267
$398,184
Other
—_.//_
income
Gross
/'
6,529,817
7.305,705
6,393.098
$673,721;
included' in
the
statement
above
consolidated income.
of
S.
$2,928,663
1,255,136
83,976
431,500
$3,172,154
1,634,240
$739,660
378,332
$949,'927
472,915
500,000
foreign income taxes.—
and
J/ 1947
1948
600,000
$7.82
$10.04
$4.38
36,405,654
32,302,207
65,063
619,250
19,448,846
18,821,975
18.769.955
''
'
income
roads
Net
other
and
.V"
'
profit
Cont. Int.
Secured
'
'.
chgs.
'
"
•
'
statement
for
five
of
exclusive
is
1949
of
months
the fiscal
not consolidated.—V.
company
loss
a
p.
March 31
to
of
year
169,
a
\
profit
sidiary
Bethlehem
$861,560
$676,254
1,531,334
437.524
$0.63
$0.89
$0.56
$1.55
•
income
16,956,807
13,480,232
4,906,C25
5,139,308
Total
3,920,095
3,946,486
4,013,278
4,023,318
Interest and other
Net
22,158,295
—
billings—
income
4,560,929
9.259.331
for
BALANCE
SHEET,
DEC.
;
31
$
and
Loans
Traffic
Net
bills
and
bal.
balances
service
car
fr.
10,374,000
569,357
874
436,506
1,375,917
(Or)
"Based
shares
of
Material
supplies-
23,903,284
23,484,601
14,200,000
arid dividends
Deferred
receivable!
7,340
219,540
14,217,106
9,287.177
11,004,974
L
debits
;
total
1,234,236,911
256,295,348
stock
—
Preferred
58,863,137
Premiums
and
'„
stock
assessments
Interest-bearing
Loans
and
Traffic and car
Audited
service
accounts
Miscellaneous
and
payable.
matured
interest
18,341,330
payable
in
interest
7,629,198
168,960
81,365
2,622,941
2,565,577
8,360,708
6,211,557
6,909,270
1,545,248
1,883,241
870,561
1,091,546
1
accrued
Other current liabilities--.—
liabilities
Unadjusted credits
4,462,078
7,606,780
year-
.1
16,605,390
total
about
which ,is. to
accordance
with, adjustment
See also
be
in
plan
dated
Sept.
steel
75%
of
capacity
that
he
said
prices.
saw
the
half of the
second
We look for better
the year-end.
by
supply' of steel has reached
the
"Lower
"we
are
for
"How
prices
looking for steel
a
point
orders and
can't
of
ccme
immediate
any
until
costs
are
induction
lower," he
are
wage'increases.
can
you
justify,
You
he
it
said.
"I
think
direct
indirect
or
can't- increase
would
be
lot
a
increases
wage
costs without
better
to
be
with
increasing
able
to
lower
the
prices."
prices.
You can't'raise wages without going back to
there should be no fourth round wage
an inflationary cycle. And
increase, either direct or in¬
///i;/://.;/
"The steel industry ha® been- having a free ride for the past several
Mr. Grace said.
"Now we are out looking for business."
:
sinking fund in
1944, as modified.
There have
lehem
has filed a registration statement with the SEC pro¬
offering of additional preferred and common shares to
holders of outstanding preferred and common stock.
an
has
been
been
a
able
number of
to
find
Business
at
the
subscription
price,
and
the
to participating dealers are to be filed by amendment.
The group of participating dealers is to be headed by Smith, Barney
& Co., as manager.
The company reserves the right to issue and sell
compensation
The
Commercial and
Financial Chronicle
(Reg.
U.
S.
Patent Office)
has
fallen
off
in
certain
lines,
palities, and for bridge construction is holding
The
subscriptions,
such
as
the
freight
somewhat.
down
Ordei's
car
up.
Private construction
hand total $622,000,000, of which $227,000,000 i*epresents
shipbuilding contracts and 3,348,281 net tons of finished steel for other
industrial users.
At the end of the fourth quarter orders on hand
totaled $671,000,000, of which $254,000,000 were for shipbuilding.
At
the end of the first quarter a year ago orders on hand were valued
$474,000,0000,
New
of which $93,000,000 was for shipbuilding.
orders' booked .during the first three months this year
totaled
$314,000,000, against $398,000,000 in the preceding quarter and $362,000,000 in the first quarter of 1948.
William
B.
Dana
account
of
the fluctuations in the rates
(no
for
reserve
(without
stock
A
stock
B
value),
par
$8,611,521.—V.
total,
$2,850,001;
contingencies,
$6,758;
value) and 200,000
earned surplus,
par
$4,123,880;
168,
p.
1898,
of
(& Subs.)—Earnings—
1949
development
and
of new
selling
and
expenses
products,—..—^——-
Net
and
recepits
per
154,732
Dr 180,872
$10,787,733
$10,898,060
4,035,340
4,135,858
$6,762,202
outstanding
2,336,741
2,336,740
share
$2.79
$2.82
taxes
common
CONSOLIDATED
ASSETS—Cash,
Canada bonds
BALANCE
$25,307,729;
U.
SHEET,
S.
Treasury
accounts
receivable,
$122,484;
other
materials, supplies, work
and
1949
Dominion
of
(after
plant and equip¬
$13,449,950).
$37,228,546;
patents (less amortiza¬
goodwill, $1; total, $151,360,302.
for
reserve
$327,584;
depreciation
deferred
charges,
LIABILITIES—Accounts
of
$6,501,978;
payable, $7,618,772; accrued
provision for Federal and
$10,074,160;
expenses,
taxes
accounts receivable,
and finished goods
of other companies
notes and
in process
stocks, bonds and notes
investments, $401,264; property,
$54,562,540;
miscellaneous
tion),
bills
31,
($100,020), $259,961; accounts receivable—customers (less
employees' and officers' traveling advances and
$2,826,304;
ment
MARCH
$23,821,911;
reserve),
come
ad¬
$6,692,393
shares
other
$11,078,932
earnings
Common
and
773,813
$10,633,001
—
Canadian
and
65,247,981
952,466
(net)
.income
Federal
67,180,572
—;
justments
Total
1948
$78,766,039 $77,100,726
admin,
sales,
(after
deducting $17,064,800 U.
payrolls
amd
Canadian
in¬
S. Treasury Savings Notes),
$86,969; provision for price
decline and other inventory contingencies, $8,000,000;
warranties and
special purposes, $3,099/266; 3'/2% preferred stock, $18,800,000; common
$5,573,545;
deferred
stock, $12,310,204;
surplus
(earnings
credits
capital
shares,
total,
$343,331;
and
to
for
use
value, $10,867,220; earned
business), $76,173,923; less
at cost (preferred, 3,800
shares, $900,425), $1,243,756;
par
the
in
and held in treasury,
common,
$151,360,302.—V.
income,
in excess of
retained
capital stock reacquired
169, p.
125,184
1106.
Boston & Maine RR.—March
Earnings Show Decline—.
revenues
Operating
expenses
•_
$7,354,372
$8,525,048 $20,841,109 $23,720,805
5,750,182
6,403,524
632,974
639,104
292,943
473,963
Taxes
Equipment
rents
(Dr)_
Joint
rents
(Dr)_.
facil.
1949—3 Mos.—1948
1949—Month—1948
Period End. Mar. 31
Operating
>
income-
Net ry. cper.
Other
17,116,290
1,682,803
"
778,649
20,118,823
1,793,607
1,386,169
37,326
35,504
118,435
110,297
$640,947
$972,953
$1,144,932
$311,909
Rentals, interest, etc.—
Contingent
charges
income
Net
"Deficit.—V.
55,652
211,017
188,36T
$1,028,605
$1,355,949
$500,270
285,425
286,625
873,806
880,617
191,815
196,342
576,456
589,679
$228,731
—
income
65,024
$705,971
income
Gross
$545,638
*$94,313
"$970,026
169, p. 1776.
Editor and Publisher;
on MonaayJ.
Other
1949 by William B. Dana Company.
Reentered
S. Possessions, Territories and Members of Pan-
Publishers. 25 Park Place, New York 8, N. Y., REctor 2-9570. ' Herbert D. Seibert,
week
[every Thursday
(general news and advertising issue)
with a statistical issue
Company,
offices:
On
trademarks,
and
,
on
Dana.Seibert, President; William D. Riggs, Business Manager.
Published twice a
135 S. La Salle St., Chicago 3, 111.
(Telephone State 0613).; 1 Drapers' Gardens, London, E. C., England, c/o Edwards
as
second-class martter February 25, .1942, at the post office at New York, -N. Y., under the Act of March 3, 1879.
Subscriptions
American .Union, $35.00 per year; in Dominion of Canada, $38.00 per year.
Other Countries, $42.00 per year.
>
William
NOTE:
$227,148;
common
Depreciation
cancellations, he asserted.
"But Beth¬
orders to take up all these cancella¬
Oil industry demand is shrinking, and the household
equipment demand has leveled off. However, he said the demand from
the automobile
Industry still is top notch, and construction for munici¬
is
would
for
shares
new
building program.
Under the proposal, 4,840 additional shares of preferred ($100 par)
be offered to pieferred and common stockholders at the rate
of one new preferred share for each 20 preferred shares held and one
new
preferred share for each 80 common shares held.! An additional
54,304 shares' of common stock ($15 par) would be offered to holders
of common stock at the rate of one share for each four shares held.
/
date
(5,417
years,"
company
record
of
prepayments and
prospects
no
Wages, he explained,
economy as it' is?
Bangor (Me.) Hydro-Electric Co.—Registers With SEC
The
of
Cost
tions."
posing
goodwill
$35,128;
notes),
common
(less reserve),
declared
Grace
steel
in
business
expressed by my fellow members in the steel In¬
them have indicated they expected a drop in opera¬
is meeting demand and
getting a lot of. them."
mands
the
20,
company
sales
Net
productioix
100% higher than in 1939, against
of 69.5 % in the cost of living index.
Mr. Grace then asserted
/that he 'believed the company was in a good position to resist any de¬
1,186,424,581
paid into
charges,
the
of
plant and equipment (after reserve for
$1,574,497), $990*862; prepaid expenses
of
operating profit
Discounts,
royalties,
sundry
rise
a
169, p. 1770.
V.
+$1.61
result.".
^asserted.
194,609,366
1,234,236,911
—
"'Includes. $8,227,943
stock
capital
Borg;-Warner Corp.
11,050,000
seen
direct."
Grand
+$1.55
with
compared
as
it
are
Mr.
16,404,641
215,905,780
——
——
"$3.29
pessimistic about
as
Some of
to
that
where
•we
8,190,719
4,088,065
following
unpaid
7.446,663
—
tons,
I have
/ Mr.; Grace
2,074,202
Taxes accrued
Surplus
than
17.570,628
—
Accrued accovints payable-.—
Deferred
tions
13,353,788
Interest
payable
unpaid
Dividends matured
Unmatured
3,355,721
596,976,291
balances payable.—
wages
net
not
am
as
dustry.
3,355,721
480,000
accounts
•Conting.
year
619,577,193
capital stock.
on
obligations
payable
bills
"I
.
__1
16,090,426
of
$4,103,133;
Grace, after reporting sharply increased earnings
first period over a year ago, told newsmen:
in the
LIABILITIES—
Common
in
$325,077;
depletion
less current
cost (quoted
profits
tax,
$8,611,521.
Earnings
1,186,424,587
256,295,348
_
15,499.331
5,049,068-
58,863,137
-
cost,
and
deferred
shares
production (ingots and castings) for the first quarter of 1949
3,705,051 net tons averaged
105.2'/;
of
the
rated
capacity of
Mr.
Grand
23,800,000
33,129,574
income
of 3,679,137
net tons for the fourth quarter of 1948 and 3,284,251 net tons lor
the first quarter of 1948, or 106.6%
and 96.2%, respectively, of the
then rated capacity of 13,800,000 net tons.
Current steel production
is approximately 105%
of capacity.
15,198,542
207,966
—_
at
Treasury
tax
100,000 shares
Steel
6,351
8,364.939
,
assets-,:
assets —
Unadjusted
5,934,356
receivable
accounts
current
on
for
Grace,, Chairman, states:
-
6,892,065
14,321,332
Accrued
A)
common
depreciation
Net
E. C.
13,075,508
Interest
5,344,474
on'9,582,942 shares, number outstanding after sale of 627,960
1949.
+Based
on
8,954,982
split-up on Dec. 30, 1947.
accounts
Other
exchange restrictions,
foreign
to
27,150,426
of
treasury stock in Januax-y,
number outstanding after 3-for-l
shares,
Miscellaneous
and
agents and conductors..
receivable
6,489,405
26,729,331
11,230,000
deprec
period
+Earnings per common share
25,713,653
475,123
receivable-4—-
receiv.
8,378,859
56,929,574
income
Net
*
10,374,000
,
888,742
.
(subject
$58,500), $385,825; marketable securities at
$309,934;
postwar
credit
of
excess
Three Months Ended March 31—
■
"36,354,528
_
investments-.
cash
deposits
and
.988,626
of
investment
$25,901;
1^47.
$
investment's; less deprec. & amorliz... 1,108,940,996 1,074,872,396
Temporary
depletion
1,256,995
income
rProv; for taxes based'
1948
ASSETS—
Cash
charges..-.
from Jan. 1, 1942 (quoted value $1,899,862),
receivable
(less
reserve
of
$5,294),
$167,290;
cost or market, $1,347,812;
cash, receivables
of
lower
LIABILITIES—Accounts payable, $112,202; accrued payables, $38,401;
reserve
lor
Federal
income
taxes
(after
deducting
$160,000 U. S.
363,513,556 295,576,646 237,525.443
66,565,428
34,207,362
33,383,642
/
1948
$314,025),
total,
1947
31,
15,901,401
Net
Special
1948
25,064,027
3.750,940
GENERAL
Total
Corp.—First Quarter Report—
DEC.
SHEET,
premiums
accounts
at
inventories
value
Federal )ncome taxes.—V, 169, p. rl2l8.
1949
bond
liabilities
and
Steel
3.697.892
ol'
and
.
1,531,334
BALANCE
ASSETS—Cash, $483,742; marketable securities at cost less amortiza¬
inventories
1946
$1,356,007
share—
per
29,776,282
charges
int. charges-
1948 includes .profits of foreign sub¬
exchange restrictions,
in amount of
:
for year
subject to
CONSOLIDATED
•
$1,689,948;
1947
$967,569
Quarters Ended March 31—
—
profit
companies,
$4.00
——
of
/
Charges:
.
,
participating basis
NOTE—Net
•
168, p. 1139'.
1,531,334
shares-^——
cf
Prov.
Net
On
wholly-owned
1218; V.
1948
1949
"After^harges .and estimated
■
,
int.
.Unsecured
per class A share:
On priority basis—
/:
$112,107 for 1948 and $131,639 for 1947.
above
Earnings
43,8^3,982
19,863,548
No.
.,4/
paid on common A stock—_—_ — '
common B stock
Dividends paid on
.
Interest, rent for leased
,
Subs»)—Annual Report-
21—
Earnings
in wholly-owned subsidiary company :
since acquisition by $672,520 (1943.
1946, $133,004) after provision for dividends
3 Mos. End. Mar. 31—
6,790,888
49,639,830
•,>'
V
X
$1.05
profit
Dividends
Beech-Nut Packing Co. <& Subs.)—Earnings—
■
„
/'Net
*
$266,634
$0.56
.
stock
1947,
not
subsidiary
5.833,258
1,841.901
■
$135,327
$0.24
profit from sales--—————,—;—-
Provision for U.
——
share——
per
$629,388;
19,683,602
157,557
?
$87,620
Nil
1898.
p.
profit before deprec., depl. & income taxes_
tion
Equip. rents (net debit)
'
168,
Depreciation and depletion———
;
shares-
common
common
'$22,987 for the first
from ry. oper—
rev.
Jt. fac. rents (net debit)
)
1'' "$353,483
share,.
com.
per
Years Ended Dec.
Other Oper. Chgs,:
'
tax
inc.
1 ;Bon Ami Co^ (&
.3,379
'
'
NOTE—The equity of company
(not consolidated) has increased
4,257,241
12.110,244
—
operations
General
:
E'ed.
"Loss.—V.
taxes_
income
Earnings
52,988,212
8.725.050
Miscell.
Net
44,465,263
44,427,397
82.114,131
Traffic
Transportation
f
of plant & eqp.
for
Net-profit -A
•
.
$650,865
"52,099
notes:pay.
of
No.
Maint.
■:
Apr. 3,'49 Mar. 28,'48 Mar. 31/47 Mar. >x>,'46
:'J$285,818 V $195,822
$271,821
$479,923
67,665
57,224
55,337
52,185
50,978
81,157
161,104
from .operations-,
Deprec.
c"
$713,993
Net profit
'
(& Subs.)—Earns.—*
(Sidney) BLumenthal & Co., Inc.
56,639
.
for inv. price adj.
contingencies
331,373,218
revenues
10.586,935
was
9,216,472
Total ry. oper. revs.__ 400,190,447 360,294,995 304,984,716
backlog of unfilled orders
Profit
$603,936
31,818
1,544
,
P.
Quarters Ended*—
.
Stated
728,125'
37,161
3,750
1947
1948
1949
$17,129,337 $13,750,273 $11,694,320
925,976
784,244
773,522
1,411,468
1,344,843
1,344,843
$u.t>6
so.otf
ou.oa
reported as amounting to $35,500,$39,000,000 at the close, of 1948.
of total 1948 billings.Stockholders
on
April 20 approved proposed amendments of tha
company's retirement annuity plan for salaried employees, the amended
plan becoming effective Jane 1, 1949.—V. 169, p. 1443.
"
Prov.
3,770,549
3,848,913
r
Co.—Earnings, etc.—
at'March 31, 1949, as compared to
The current backlog, x-epresents 51.7%
Not
'• •'"$339,975
for
m.-
V ;;'.
divi-
,
on
Prov.
nuum
,
St., Xu-udgy,
work.
The
Eai'n.
>
j
Laaane
000
/Tv/-'
•
$8,437,651)
760,769
48,400
715
Cost
«v
So.
2od
Witherow, President, reported that the increased opera¬
in the. first quarter reflected greater availability and better re¬
ceipts of steel and other materials used in the company's manufactur¬
—
(Including wholly owned subsidiaries)
"
;
iiuiut,
tions
$983,914
Broadway Department Store, Inc., below.—V. 167, p. 1578.
sales
3,797,010
3,873,642
2.279,608
4,774,517
rev
/
uo
trustee,
share-:
per
William
•;
;
Miscell.
Earned
$
24.593,016
.
i'
/
transport
$1,123,740
137,622
$.7,343,202
7.071.424
1945
•.
6,131.96
.
Freight'——— 353.289,835 313.964,755
Passenger
(Mail
$1,277,099
46,378
;3 Mqs. End. Mar. 31—
,
Net
to
$58,828,537, Dec. 31, 1947.
'
( /As of thf ehdt'of: itie i'ear, there were .21,519 holders of record of *■;
the 3,151,585 shares of 4he; company's; outstanding capital"stock;
'%*
•
$477,565
45,836
1775.
p.
Chicago,
Quarter Ended March 31—
Bayuk 'Cigars,-.Inc.—Earnings—
•V,
with
v;
$592,193
charges
169,
jttiy iiicniiwin
1663.
p.
*
for
_/
charges
»
cf
Shipments and services billed
Net profit
Number of capital shares-.
ing
com.--
,/:/%;'/
31,
Co.
Blaw-Knox
!
equipment, obligations incurred in financing new equipment'.
Current liabilities, Dec."31, 1948, totaled $62,763,781.
This compares
was
5,492
Negotiations to Ac¬
quire Department Store Control Discontinued— ■.
• ;
Dec. 31, 1947.
Cash and special deposits were '
31, 1948 than on Dec. 31, 1947.
Amounts
services rendered were $8,107,436 less
than on
1947.'
liabilities, Dec.
Total
$1,118,248
9,417
Dec.
on
others
$1,267,602
1,760
Bankers Securities Corp., Phila.
affiliated
$4,762,310,
aggregated
more
from
Dec.
M •'
stocks,
$475,805
5,005
Net; income
—V.
with $97,215,946,
pares
$10,546,642
due
in
$587,188
:
available
fixed
Fixed
Baltimore & Ohio RR:—-Financial Condition—
Total assets of this, company, Dec. 31, 1948, $1,234,236,912, were
$47,812,325 .greater than oh Dec. 31, .1947, when they .'aggregated; $!>
186,424,58-7.
; '
•■',.■
.'///'/
J Investment in roadway and equipment in 1948 increased $32,958,555;
v.
income-
income ;(net)
Other
1770.
p.
nilci tot.
*
169,
85,184
(net 2>r>
.
and R.. S. -Pruitt;'•Vice-President,
B/G Foods, Inc.—Partial Redemption—
;
2,962,657
$995,707
•
$1,164,254
•510*,213
opers.
ry.
Trust/
capital.
The exercise price of the options runs
from $5.75 to $8.69 per share.
> ' ;•
\
'
V
(.' Among the7 principal; optionees are Victor Emanuel, Chairman, 88,500
shares; ,Irving. B..Babcock, director (Chairman of ACF-Brill Motors
Co. 1, 96,250 shares;, William F: Wise, 50,000 shades; R. C. Cosgrove,
Executive Vice-President, 25,000. shares; Carl H; Kihdl, 25,000 shares, "
working
company's
oper.
*;•
will
or
exchange, remittance for foreign subscriptions
& Smith.
in United
.
Copyright
U.
States,
V /
V
.
and advertisements must be made in New York funds.
-
4
(1680)
•
.
holders,
(Excluding Unconsolidated Subsidiaries)
Quarters End. Mar. 31—
Kct earns, bet. Fed taxes
for
Prov.
Federal
72 000
'-'Net earns, to-surplusgEarns. per com. share.
$396,717 t$l, 134,539
$0.40
$1.17
$87,374
-
'
$0.07
'
t$385,834
$658,717 *$1,859,539
262,000
725,000
$159,374
taxes.
■'
f$385,834
Nil
/"Includes $958,000 gain from sale of metal inventories acquired below
market prices,
" f'Includes $575,000 gain from sale of
inventories acquired below current market prices. - § After pre¬
requirements;
NOTE—Since. March
made
nonferrous
on
stitute
*
largest
1949, substantial price reductions have
including copper and zinc, ~ which
31,
metals,
prices as only
part
of
been
EARNINGS
portion
a
erly during chis year
inventory
this
of
icserve.—V.
to the
loss
Operating
Net
Department
Inc.—Sale
Store,
April 24,' 1949
income
*$482,596
-
Deficit.—V.
Control
of
*$1,687,692 *$1,832,530
■V. Central
Following the announcement by Blyth & Co., Inc., Los Angeles,
Calif., on April 19, that it had dropped all negotiations for the sale
of its controlling stock interest in the above corporation to Bankers
169,
1776.
p.
.
v
-
.i
...
.V-
-
..
- *
. ,v...
of Pennsylvania—Earnings—
RR.
'
Period End. Mar. 31—
Operating
Net
Securities
Corp.
of
Phi. < e phi
E.
W.
Carter,
President of
the
Broadway, issued the following statement:
//////:/'://
"In prder to clarify recent press reports, I should like to state that
there has been no change in ownership of the Broadway Department,
Store, Inc., and that none is contemplated.
ry.
revenue
1949—Month—1948
Local
distribntion
pared
with
Deducts, from .gross
bankers."—V.
..
$4,331,381
$1,379,312
$1,835,907
651,591 //892,023
' 672,198 ;;
895,847
,inc. >;,
323,958 V;,, 407,172
income
Net
—V.
167,
2682.!.,
p.
$4,858,428
2,128,903
2,140,695
i' 2,053,938
2,083,884
9G2.436
;
169, p.
' $488,675
$348,240
_
1447.
1948
•
'//
:
.
"
■
in
1948
$356,049
:
v,.
Co.—Bids for Purchase of
is Inviting bids for the purchase as a whole from it
notes, series A, due 1974.
The notes are to be
1949, and are to mature April 1, 1974.
l,
Bids
will
be
received
by
the company
Temple St., Cambridge, Mass., up to 11:30
to
First
advance
An
of
National
lrom
increase
plant
in
the
$1,093,000 to be
Boston
under
mitted
under
interest
borrowed
general
a
Dec.
a
Bank,
rate
18,
from
during
loan
while
order
is.47.
of
order
2V2%
all
on
the
SEC),
total of
a
has
of
filed
or
part
P.
in
$5,500,000
oi
distinctively
new
with
passenger
new
characteristics
properties
and
Net
fiber
fabric
of
show
were
containing
April
on
at
25
various
percentages
conference
press
a
of
in
its
and
"This
mill
customers
corporation
quantities,"
Mr.
is
pursued
producing
now
Price
their
said,
"and
staple
fabrics
income
fiber
—V.
Interest
funded
on
in
from
1948
income
Gross
Net
profit
Earnings
per
—V.
168,
61,281
j
641,386
641,386
$0.30
1949—3 Mos.—1948
Operating
Prov.
$906,749
$3,743,649
145,245
624,376
placem'ts
370,855
1,680,891
1,379,427
44,002
149,811
165,005
than
income
eral
•
.
61,128
225,659
233,764
57,545
72,008
57,689
257,493
$231,411
$797,310
$717,711
3,583
2,481
11,152
10,460
$266,018
$233,892
$808,462
$728,172
48,891
37,466
170,578
186,458
$217,126
75,126
income
for Fed. inc. taxes
income
Divs.
paid
paid
Divs.
$196,425
$637,884
$541,713
64,241
215,607
Earns,
--V.
per
on
$132,183
$142,000
10,800
10,800
43,200
43,200
stk.
45,600
201,920
182,400
share—
$1.04
$0.96
$3.00
/ $18,802,093 $18,676,763
amortization.
and
Necessary—R.
,
until
Dr33,346
.
income
income
ance
the
are
of
."*•
L.c
and
its
and
•<
1,
the
of
certain
in
pl^n
Act
March
stock
de¬
price
••__;
10,000,000
^
stock
Paid-in
10,000,000
19,809,480
3,829,851
surplus
3,829,851
25,193,968
23,962,511
Drl02,702
Drl02,702
surplus
Earned
•;•: •.
in
2;
treasury
S.
.;
——--
—___.
stock
4
■
■
•
-
■
$65,148,365 $63,167,601
Total
—V.
1,110,522
1,110,522
—
19.809.480
stock
Common
~2
98,900
169,
600.
p.
ar.d
Costs
(& Subs.)—Earnings—
April 2,
1949—V.
169,
Gross
May 2
$2,197,238
12,409
$2,227,801
$1,996,721
112,830
105,384
794,000
710,725
$1,320,971
income
and
$1,130,612
7.008.552
1
amortization,
for
Provision
—
——
8,950,758
50,000
income
earned
Previous
surplus—.——
surplus
on
preferred
on
common
$1,553,686
$0.90
stock-
surplus at
per
268,857
$0.90
$9-,463,847
SO.73
1948
$7,781,000
$6,182,497
271,632
$0.92
658,441
$2.35
389,801
$1.30
stock—
period
of
end
_______
1,075,429 shares.
share on
common
268,857
$7,712,001
$7,036,000
Earned
Earned
$8,329,524 $10,081,370
348,665
348,665
______
Dividends
—V.
tax_____.
goodwill—
Dividends
•
etc
income
Federal
of
967,000
1777.
p.
$1,984,312
30.562
.
Amortization
169, p. 658.
•
Cooper-Bessemer Corp.—Earnings—
March
Ended
Quarters
Central Kentucky
1949
31—
Net
sales
Net
profit after charges and taxes.
share
*Eai'nings per "common
*
After
with
orders at April
sales
and
income
net
1947
:
•
1, 1949 totaled $19,228,000, compared
1949, and $23,253,000 a year ago.
1,
Jan.
$14,655,000 on
Both
!
for prior preference dividends.
provision
NOTE—Unfilled
hearing-
to request a
:—-
profit
income
Interest
Inc.—Subsidiary to Borrow—
and its subsidiary,
etc.—
:
$2,520,686
1,717,352 shares of $2.50 par value stock out¬
the
upon
returns,
expenses
724,000
for period
of
as
Mar. 27,'48
$36,869,699 $37,809,277
34,672,460 35,824,965
Mar. 26,'49
discounts,
less
sales,
in
1949
were
adversely
affected
by
re¬
volume of 2,500 horsepower gas engine
substantial orders have been received from
tooling plants for production in
.
cash
contribution
connection
$300,000
to
with
capital
its
construction
owing
loans
make
to
$600,000
a
for use
further
through forgiveness of $300,000 of nonto Columbia by Home.—V. 169, p. 1777.
1949
contribution
bearing
subsidiary,
Pittsburgh
its
for which
pipe lines.
compressors
Home
program,
natural
Gas Co.,
and a
gas
50% in Stock and 50 Cents in Cash Declared on Com¬
Shares—
mon
'
.
'
directors on
April 25 declared a dividend of 50%
in stock
quarterly dividend of 50 cents in cash on the common stock,
both payable June 24 to holders of record June 9,
1949. The cash
distribution will be made on the increased number of common shares
and
Co.—Weekly Output—
Electricity output of the Commonwealth Edison Co. and associated
companies, excluding sales to other electric utilities, for the week ended
showed
6.4%
increase over
Following are the kilowatthour output totals
and percentage comparisons with 1948:
weeks
a
Week Ended—
the
corresponding week
23
ago.
1949
224,660,000
228,240,000
April
23
April
16
April
9
April
2
—V.
-
_
226,798,000
"
" 231,118,000 " '
-
-
|:
211,155,000
215,811,000
217,881,000
220,461,000
to
outstanding
be
a
year
ment
past
the
of
a
four
common
''
■
,
'
'
% Increase
6.4
5.8
4.1
of
June
,
cents
50
stock
following
cash
in
last
the
was
stock
also
on
A
March
quarterly payr
28,
1949.
The
25
Copperweld Steel Co.^—Earnings—
Profit
after
1948
$1,251,930
534,233
225,000
1949
$1,997,983
Quarter Ended March 31—
.
4.8
distribution.
made
cents each on March 31 and
Sept. 24 and Dec. 28.—V. 169, p. ■1111.
received
year
and 50 cents each on
25,
]69,
of
B.
White,
Chairman,
Security
on
April
the
ther
its
Plan
of
under Section 20b
Modification, dated
charges
which contemplates certain alterations and
provisions of the general- mortgage bonds and
instruments
the
relating .thereto,
and
the
issu¬
The. Interstate Commerce Com¬
dated Feb. 28, 1949, has found that
and modifications contemplated thereby
kilowatt
corporation
served
318,011,233
1943,
an
as
&
Southern
hour
output
adjusted
for
the
compared
to
week
with
Conde Nast
or
income
energy
subsidiaries
conditions of
amounted to
of
for the corresponding
8.41%.—V. 169, p. 1777.
week
order
alterations
things, in the public interest, in the best interests
in the best interests of the holders of-each class of
reserve
1949
$1,369,721
543,000 "
taxes
No.
of
Earned
—V.
taxes
common
per
168,
p.
shares
share
2224.
.
_——.
——
1_
—
Net
907,346
375,000
profit
Common
shares
Earnings
per common
—V.
169,
1948
$1,129,276
439,000
The
$826,721
1,004,582
$0.82
outstanding—_—__
1450/
p.
company
stock
their
Street
share.—
'/'
$690,276
in
1,005,582
■
•
$0.69
number
The
the
of
on
$715,637
514,864
$1.36
V:/'
1947
$687,610
282,239
150,000
$492,697
514,864
<
$0.92
$255,311
514,864
$0.46
-
///'
?'
Ltd.—Shares Split-Up—
April 22 advised its
immediately to The
certificates
stockholders
Royal
to
surrender
Trust Co., 66 King
Ontario,
Canada.
The stockholders will
exchange a new stock certificates representing twice the
shares they now hold.
'
-
West,
receive
after
Net
taxes———
Cosmos Imperial Mills,
Publications, Inc.-—Earnings—
profit
Federal
electric
general business
April 21,
1949,
293,333,965
Quarter Ended March 31—
Net
of
show
ended
increase of 24,677,268
State
Corp.—Weekly Output—
certificates.
and
and
Federal
1777.
weekly
this
territory
of the Inter¬
July 1, 1948,
1949,
interest
report
w.mpany,
of
p.
Special
in
Commerce
of
2,548,978
—
possible future inventory
other contingencies—
and
$1,910,061
1,946,280
1,996,690
—
—
—
$1,579,764
taxes
taxes
Contribution to Subsidiary—
The company has received SEC authorization
,
Company has applied for approval
capital
for
$1,364,276
liabilities--'—;.
other
$855,764
$0.50
Federal
Commonwealth
20 said:
mission
$2,425,769
94,917
$1,613,110
(net)
Federal
company
The
to
12,103,034
'3,897,616
250,344
12,414,577
4,469,502
304,904
and cost of goods sold
administrative expenses—
Natural Gas Co.
have applied to the SEC for an order authorizing Central Kentucky to
borrow $2,350,000 from Columbia to restore
its working capital (de¬
pleted by construction expenditures)
and to be applied to its 1949
construction program.
The borrowings would be represented by 3'/4%
installment
promissory
notes
maturing annually during the
years
1952 to 1976, and wculd be made from time to time during the re¬
mainder of 1949 as required.
The SEC has given interested persons
of
revised
.1
$o5.148,365 $63,167,601
$2.75
com.
Central RR. of New Jersey—75% Approval of
state
1,188,846
1
7,575,693
8,216,195
and discounts—;
Columbia Gas System,
$390,108
$422,277
50,480
com.
modifications
28,997,622
1,200,979
—•_—
.
and
adjustments—^—
payable
Preferred
Other
—
'•"Calculated
169, p. 1106.
Holders
29,546,049
—;
—
wages
for
Reserve
$27,018,288 $26,252,456
income
income
standing
151,604
-
pfd. stock
on
April 3, '48
215,872
$262,434
income
Balance
Net
—a
The
taxes
income deductions
Prov.
equipment_i;—-^i2_^
payable
Accrued
Gross
record
April
Total
950,000
323,932
4,050,794
talent,
commissions,
depreciation
for
interest
Fed¬
income
Gross
950,000
pateuis__—_—_____2—2_i_—
Continental Baking Co.
Subsidiaries)
facilities,
of
Commonwealth Edison
Operating
Other
8,630,364
LIABILITIES—
Accounts
System, Inc.—Earnings—
Domestic
*Earnings per share
in
re-
retire.-
and
other
Taxes
and
before
Income
507,586
418,895
renewals,
for
Prevision
$3,211,262
167,797
expenses
for
1948
1949—12 Mos.-
$1,019,823
Maintenance
4,350,000
consolidated-'.;-:;
not
1
Total
$0.31
revenues
834,310
$2.73
1
—_r
expenses
Balance
641,386
$0.65
power
sale
agency
allowances
Miscellaneous
$205,470
-$198,982
37,559
oper.
$2,292,229
834,319
$1.08
etc
and
general
Provision
133,000
share
Period End. Mar. 31—
Purchased
$898,352
;
Balance
Operating
Selling,
Central Ohio Light & Power Co.—EarningsTotal
Total
37,567
125,875
outstanding
common
and
Buildings,
Total
2004.
p.
3,341,738
—_
and
-_'i
machinery
charges-i
Goodwill
Secondary
—
April 2, '49
from
discount
returns,
15,000
$422,023
shares
shares
:—•___
records,
lines,
Time
The
Common
4.918,005
advances:
Deferred
cline
13 Weeks Ended—
$391,037
13,497
262,535
(estimated)
-____
13 Weeks Ended—
1947
$399,635
68,945
Federal income tax
and
$7,521,586
2,236,451
5,471,018
8,666,049
169, p. 4.
Net
9,963
Depreciation
Co.
J—
—
common
(Including
moderate
it have
1949
debt
Dec. 31,'48
-
163,440
Net
$763,466
profit from operations
profit
Columbia Broadcasting
Foundry Co. (& Subs.)—Earnings—
3 Mos. End. Mar. 31
$2.03
!
.
aside
set
—
-
Earned per share
produced at the company's weaving plants.
Plans are now under
way
for additional development work to be carried on by outside
textile mills."—V. 169, p. 1664.
Net
-
4.032,892
>:
been
Central
990,474
4,231,866
-
securities
Goverment
subsidiaries
Foreign
Feb. 28, '49 Feb. 29, '48
$7,976,785 $10,693,300
1,433,852
3,905,229
—535,500
1,613,000
taxes
Number of
Celcos staple
the company's
made
$'2,112,630
■
'
$7,544,333
'
S.
Investments
;
^...
—
Dividends
-
development work.
Celcos
woven
..
SHEET,V1'
;
—
improvements
Preferred
headquarters at 180 Madison Ave., N. Y. C. Harry Price, Vi'ce-President
in charge of sales;-asserted that the fabrics displayed were ideal for
women's suitings.and dress goods as well as for many types of men's
wear suitings
and that new applications would follow as the corpora¬
tion
1,294,960
Mar. 31,'49
U.
and
for
1776.
sales
Federal
promise to open up new avenues of use for all textile fibers.
Combining the best traditional features of both acetate and viscose
staple fibers and having in addition an ability to cross-dye, an ease
Of processing
and an absorptiveness for resin and other finishes,
Celcos is regarded as an ideal all-purpose rayon
staple fiber either
used by itself or blended with other libers.
Samples
-
Lambert Manufacturing
&
p.
Net
.
of a
called
which
April
26
announced
the
introduction
chemical
staple tiber
in
the
rayon
group,
on
revolutionary
S3,407, "790
1,210,092'
L
•'
1948
1949
taxes—$3,184,405
" CONSOLIDATED BALANCE
.___
—
Cash
received to completeequipment ordered during
.
169,
Net
Celcos,
.*:•
Earnings—
Subs.)-
diese'.ization
of
program
^ !'!
Inventories
hopper
Colonial Mills, Inc.—Earnings—
Celanese Corp. of America—Produces New Fibre—
corporation
..
.
Reserve
permission to issue $820,000 3V2 % bonds to Kansas
City Life Insurance Co. The proceeds would be to install an automatic
dial system in Jefferson City.—V. 129, p. 1118.
The
thousand
One
cars.
J. B. Hilliard & Son and First of Michigan
April 20 effected a secondary distribution of
8.900 shares (par $4) common stock, at $6.50 per share.
Commission
S.
31-f^' "
ASSETS—
Offering—J
also was authorized
the
V"'2X
•
earnings
;w_—LI; ? $1.974,313
of .common stock outstanding.990,474
earnings per-comm6n -«hafeL"_r
_i_l-
Cash
Corp. on
Jefferson City, Mo.—Plans
with
1560.
p.
•U.-S.',Qovernment-£ecurities_^_——.—^.^.
Accounts and
notes receivab.e—'2';
!
all-room sleeping, cars were also
new
road's
—V.
application
an
2,618
received and orders placed for 600 additional
Quarter Ended—
company
Missouri for
169,
Vr
.
Private Issue—
The
$0.16
:
Net
•Net
continued during 1948, with
37 locomotives of various types received from the builders.
The road
is also completing a new diesel shop
at Silvis, 111., to maintain, and
repair this type of power which is now assigned to a large part of all
main line and yard operations.—V. 169, p. 1776..,.
,
_
by the Commission.—V. 169, p. 1776.
Capital City Telephone Co.
involving
yeai,
were
Clayton
3%
$0.36
represents
$1,000,000
to
•
•/
Shares
"genera.ly
war.
The
from First National Bank of
(which borrowings were per¬
1949
agreement
the
Twelve
the
assets.
fund
$55,320
347,700
347;700
v
/
;EarningS: before Federal income
,T-roVision for. Federal'income, takes_^__—t
"
.
97-year history.
box cars
en
on
a.m.
Boston,
replacement
during
cars.
the third flocr at 10
(EDT) on May 4.
The company has received SEC authorization to offer for sale at
competitive biading its $2,750,000 of its 25-year notes, series A, due
1974, the proceeds to be used to pay cff borrowings for construction
purposes.
Of these borrowings,
$1,750,000 is represented by notes
payable
road's
the
out
25-year
31,810
$126,628
—■
--L-bCill
^
$87,130
.1*
'
J.
share__z
3 Months Ended March
on
the'Rock Island's
corporation, completed Jan.
reported
new
company
1
shares_Li'_-:
common
Container Corp. of America
-v
>' .-
,
,
per
1948
1949
$204,239'
77,611
—
$1,073,718
$1,121,448
income of $21,391,753 was held below a near
income tax increases that amounted to $6,550,000.
Mr.
Farrington
also said
that increases in luel costs as
compared with 1947 amounted to $2,997,635. r..r .. . .
An extensive program of freight car repair-and building was carried
Notes—
of $2,750,0(0
;
■
rei.way operating
record peak by Federal
42.
Light
year,
-
Corp.jr-Earpings—
taxes
taxes_:-_L:__^__;^__^,-^.L^A.___
common
Earned
Net
'
an
''
commenting
was
$254,945
of
No,
first year of operation as a
1, 1949, John D. Farrington,
satisfactory" results. * This, . he said,
indicated by the year's gross income of $197,404,990, the highest
In
President,
~ 1949 ';
• *
'
>
Cambridge Electric
Highest in History-7
reorganized
profit—
last
week of
corresponding
1777.
p.
income"
"Net
:•
1,066,977
■
.
Quarters Ended March 31—
Net operating
April
169,
Federal
income
Federal
Chicago Rock Island & Pacific RR.—Gross Income in
v
-h Brompton Pulp & Paper Co., Ltd.'—Earnings-
dated
1.7 %".-^-V.
■Net'profit before
'—V.
"Approximately 77.2% of Broadway Department Store common stock
owned by 2,691 stockholders, most of whom are residents of south¬
California, with average holdings-'of 210 shares,- 'The balance,
or
22.8%
of Broadway Department Store stock is owned,
as it has
been
for
the past .several
years,
by Blyth & Co., Inc., investment
The
of
Consolidated Laundries
.
is
p.
and'
202,600,000 kwh., -compared
193,300,000'k*wh. Tor'the
increase
an
1949—3 Mos—.1948
income—- "
oper.-
income
Gross
ern
168,
"kwh: "for*the
000
System- output of. elecpurchased)^ for the
week ended
with 203,900,^
corresponding week'rof ,1948, a decrease of 0.6%i
of 'electricity
amounted to 196;500,000 kwh.,com¬
April' 27- announced'4hat
grenerated
Quarter Ended March 26—
Dropped—
'
—V.
on
amounted to
1776.
169, p.
*
Broadway
company
.tricity V (eflectricity
^
•
Inc.—-Output—
Edison Co. of New York,
Consolidated
The
MONTHS'V:; ' ;
Mos.—i948
*$63,354
213,567
inc.
,'v
•
$9,4.14,105 $10,136,941
*1,523,175
*1,815,173
*1,049,291 ' *1,201,889
638(401
630,641
144,024
...
of,
r'«'.v
:■
,1949—3
207,378
*369,029-
—
from gross
Deducts,
pletion of $44,600 for; ttvree. months
months: of- 1943.--V; 169, :p.'- ,G98.;'
Walter P. Gardner,
THREE
FIRST
$3,799,405
*1)1,220.
$3,166,066
*433,135
-
income—
income
Net
i
AND
1949—Month—1948-
revenue—
oper.
ry.
Gross
charged' prop¬
be
may
MARCH
FOR
$171,10,0 ../ .$75,000
depreciation and de¬
1,949 and .$42,900,for. three
charges .for
includes
NOTE—Above, statement
.
S462,00Q '
574,200 ' ■' 527,200
//'■ '6,800/;"]
9,80p
■
;
Net Joss..
;■
plan and forms of letter of assent are
this material promptly through their bank,
Period End. Mar. 31—
1948;
1949
.;
jCosts'!' Aftd ..expenses/i__/_/_——^
pother deductions' '(net)
the
obtain
to
there
of the
con¬
inventories.
corporation's
the
.
received
not
urged
yvj#
3 Months Ended March 31—
v,
$409,900
order
company, securities dealer or broker., or from
trustee of the company, Jersey City, N. J//.'///
Notwith¬
standing the reserve crealtd in earlier years as a protection against
the
decline
in
metal
prices
of ; basic
inventories,
the company's
operations for 1949 will be substantially affected by prevailing metal
the
conformity
known security
trust
:
.
have
therefore
metal
with such
holder a
In
company.
who
current
ferred dividend
•«■•■/:;Consolidated Cement Corp.—Earnings.
has been mailed
to each such
copy
plan, and forms
of letter of
assent with a request for the execution thereof.
Under
Section 20b betore the plan will become effective
(and binding upon
all
security holders whether or not - they have assented thereto) it
must be assented to by the holders of .75% ^-of the.outstanding securities
of each class affected and entitled to -vote thereon, v: Security holders
the
1946
Monday, May 2, • 1949
v
and
modifications
and
1947
1948
1949
CHRONICLE
FINANCIAL
&
affected.and in the best interest? of the company's stock¬
has directed the submission of the proposed alteration
to holders of the
outstanding bonds and stock of
obligations
Bridgeport Brass Co.—Earnings—
4.
COMMERCIAL
THE
Toronto,
stockholders
authorized
no
on
1,
1, last, approved a proposal to increase
capital stock from 100,000 shares to
two-fof-one split-up.—V. 169, p. 1006.
March
par
200,000 shares to eftect
value
a
Volume
"*
Crof
Net "sales' (-after
SURPLUS
.
J
^xes),„^^_-^w_w:
On
>.
$4,201,185,
3,093,984
382,968
Shipping and delivery, expenses—>
364,280378,683.
Administrative; expenses; —'—158,897 ^ ^ I7$,603
(inch federal revenue tax)_3,061,965
Selling, and advor^idg exppnses^_T_^4._J---- v ,; 353,^57
_ ____— -
,,
,
resulting- from
vestment- in
-
revaluation
in-
of
General- Motors Corp.__
32,500,000
52,000,000
Excess of issue price over par value of common
stock
•
issued
to
under
employees
the
Operating profit
Other income
$71,087
L——
•
..
---
.—-
.
$165,947
4,513
^
^
^
Total
X.HCl i _liif--
Total
>
-s-U-
-
5,732,480
i-
paid
ProVision
profit
,
:
.
.
.
•
.
."^r
v •»
t„>
•..1,183
-v
Surplus
84,547..
.<
.L,i
$33,348
"
Net'
6,375
35,877-
:.v>r.
and State?taxes——
Federal
for
-V.
$88,188,
at
169,
617,055,281 505,783,091
2,774,956
2,774,956
i
22,244,824
27,895,268
586,385,057 480,763,311
31—
March
1778.'
p.
order
form,
cease
to
V
Cash
COMPARATIVE BALANCE SHEET, SEPT. 30
-
'v*
.
Marketable
*'
'4''
:
'' *"s
securities
receivable, (net);
474,682
/489,110
313,246
240,336
Operating income
Other income'
Total'"
,
.
V'-
,
the letter of
in
notice
the
payable—bank—not current
—..
Capital stock ($1 par value each)—,
Capital surplus
Earned surplus
.
—.—'
.
-
;
to Oct.
-V.
168.
Detroit Edison Co. (& Subs.)
.
S
-Vv
earnings from utility operations-.—
'Operating expenses.'
Maintenance and repairs
Appropriation to retirement (deprec..) reserve)
Amort, of franch. and elec. plant acquis, adjust.
Taxes
than
(other
Provision
income
Federal
estimated
for
$198,163
105,000
-105,000
$1.61
$1.88
1948
„
El Paso Natural Gas Co.
62,641,322
10,394,349
7,770,000
Operating revenues
Operation
;
Net
429,070
,
^
—
1,081,358
residuals—credit
income——_
from
241,084
16,281,590
5,469,427
>v—
11,389,651
declared.
8,395,483
paid
or
order form.
'
stock
common
and
option
■
warrants
169,
will
be
Derrick
to- holders
given
thereof
30
within
'
1779.
p.
&
Equipment Co.
Annual Report-
—
$19,251,950 was the largest in the company's history;
after all charges and taxes, was $2,212,593. This included
profit,
nonrecurring profit of $119,407 from the sale of the Dallas properties
to the City of Dallas. ;V:-'V ■■/.'
/'J';''"V.!
<
The question of dividends on the common stock was given carefu)
consideration
The
It
a
meeting of the board of directors
financial' position and commitments
tories
end,
and
had
necessitated
expenditure
months
ten
in
increase
an
receivables which
the
that
next
recognized that the substantial
v is
business
of
at
company's
analyzed.
would
4; 1946V
thoroughly
Nov.
on
were
increase in thfe"trolume
the
invtestment
in
inven¬
approximate $2,000,000 by the year
would be required within the
Mid-Continent D + B Division
of
$1,000,000
complete the new
to
Garland, Texas, and further, that expenditures totaling $356;be necessary during 1949 for repairs and improvements to
Angeles and Houston plants.
In view cf these heavy current:
000
would
the
Los
commitments, it
to
pay
the
soundness
in
of
the opinion
was
dividend
a
changes
the
that it would be unwise
the board
of
the common stock at that time.
on
the
general
action
economic
of
the
situation
board
in
2,994,167
ACCOUNT FOR
believe that
We
emphasized
have
November.
the
,
Selling,
123,883
93,033
1,181,038
170,533
3,244,830
1,038,082
and
general
admin.
1,760,665
exps.__
; $3,340,371
income
63,073
1,414,265
operations-.-
$1,711,024
286,487
$1,774,097
14,799
700,000
$2,212,593
from
$1,059,298
;
Interest
expense
.
50,449
$5,079,338
$.),561,817
$581,825
994
480
$1,123,241
82,400
$1,205,641
25,682V
435,000
440,713
902,255
Net
$734,161
1946
$3,626,658
Profit
Prov. for Federal taxes on income
89,275
1947
14,150,914
617,174
392,078
_•—
YE^RS
$13,361,378 $10,913,900
10,170,730
1 8,519,801
1,479,624
1,270.858
$19,251,950
725,746
1,349,893
96,302
CALENDAR
1948
sales
Other
income————,
eral
income
Additional
$744,959
2,417,419
•
.
'
•
8i967
3,733
70,951
surplus, beginning of
income
on
143,015
$9,623,801
$5,214,860
14 (,806
2,337,j79
1,383,616
2.032
•'
$585,078
305,614
-
-
income
8,970
$742,136
income
Gross
113,824
Cr84,004
7,492
-
$5,071,845
$9,552,849
$581,344
$733,166
—
-
or res. for doubtful accounts
Earned
costs
devel.
and
provision- for Fed. taxes
(prior years)
<
Adjust,
revenues—
oper.
Explor.
10,812,162
8,394,742
income
dividends
1948—12 Mos.—1947
amortiz. & depl.
other: than Fed¬
Other
'.Net
to
a
.
-
Balance
Cash
apply
Cost of sales
117,447
deprec.,
Maintenance
Taxes,
16,040.505
16,390,146
5,000,495
income—.
corporate
not
V
etc.)
(exclud.
Net
\ Gross
Deductions
divi-i.
Sales volume of
Net
$1,302,289 $21,764,196 $10,471,548
502,751
8,224,147
4,021,985
$2,303,315
_
—
429,079
16,121,180
utility operations.
the
on
to
of common'stock of Electric Power & Light Corp;
respect to the ■ consummation."date-of Part IV of the plan-
Emsco
Net
Companies)
1948—Month—1947
Period End. Dec. 31—
9,255,406
3,828,000
5,885,000
income
through
(Delaware)—Earnings—
(Including Subsidiary
8,370,000
268,965
Income from
Redemption—
corporation has called for redemption on June 1, next,
The
Deprec.,
Other
-
the joining with East Coast Public Service Co. in the
consolidated Federal income tax return for the period Jan. 1
10, 1947.—V. 169, p. 1665.
10.886,575
taxes—
$169,528
$0.28
$38,673
:'
-X
10,512,384
income
$29,094
-105,000
^ $0.37
-
from
72,314,459
.
♦46,774
a
110,358,664
taxes)
52,625
93,181
105,000
_>
124.518,670
Gross
Light Corp.
rights either
such
transmittal and
does
INCOME
1949.
.
<fc
no
York, N. Y.—V. 167, P. 2323.
Earnings—
12 Months Ended March 31—
59,166
operation of the sinking fund, $195,000 of first mortgage bonds, 3V*%sinking fund series due 1961, at 101.79 and interest.
Payment will be
made at the City Bank Farmers Trust Co., trustee, 22 William St., New
1253.
p.
$321,875
12,4rll
20,958
Eastern New York Power Corp.—Partial
$2,464,758
-
respect to
such securities
days.—V.
Plant at
3,432
82,216.'
>
$2,485,414
covering
$297,562
$62,462
15,048
22,189
provision
resulting
.1,751,800;
•
*•- •
$75,910-
for Federal income taxes for the 12 months period
ended March 31, 1948 gives effect to a substantial saving in such taxes
^The
filing of
.100,000
1,751,800
3,432
• 115,565.;
have
purchase
Notice, with
17,568
Dr67-
719,003
Power
.
$279,994
9;782
;
Earnings per share.-—-
114,729
66,146
—--
Note
$312,0.93
f"
shares outsldg.
Common
'
$75,000
371,436
.,
$58,648
3,815
taxes.
income
,; Net
yv"i**
;:V
$75,977-
'
deductions
for Fed. inc.
'Prov.
$2,488,414; $2,464,758
*.y
:-
—i.—
'.'LIABILITIES—
$999,002
income
Gross
Income
—-— —
Note-payable—bank—current (paid Oct. 4, '48)
$75,000 ;
Accounts payable and accrued expenses__—322,559
Accrued
taxes
76,614<
Reserve for containers with customers—40,443/;;
___
$1,227,439
915,346
in
Such holders will
bases.
Electric
thereafter
of
will
Hugh H. Glen, President, said in part:
and bottles at cost (net)~
Land, buildings;"machinery. equip.,: etc. (net)1,152,960..-1,123,789
Deferred
charges
50,792 ...,
-45;836.
Barrels, cases
1949-^—12 Mos.—1948
$256,278
197,630
and
;
This
1949—3 Mos—1948
Operating expenses
date
certificates, except-the right to
receive common stock of Middle South Utilities, inc., and of United
Gas Corp. and, in the case of the holders of second preferred stock,cash, all as specified above.
No certificates for fractional shares will be issued, but scrip will be
issued, and arrangements will be made whereby holders of scrip repre¬
senting less than one full share may either sell the same or purchase
additional scrip sufficient to equal a full share, without the paymeht
of any commission, all as more fully provided in the plan and referred
for
$311,159
235,182
Operating revenue _i_r_
1947 "
$252,441
252;450
268,854
lower, of; cost, or market
Inventories, at. the
Period End; Marbh Sl-— •
">-■..<4
> ;v,
1948
$345,347
430
hand.:—
(at cost)—/
on
and motes
Accounts
l" "
"
and
banks
in
stockholders
otherwise
or
'
vrASSETS—
exchanges on the foregoing
for
be
consummation
to
Electric Co.—Earnings—
East
•
r,v.
dividends———,—
dividends
$173,918
$75,600
'
Interest'
•_ -.
,
preferred
Common
■
-y.
7,971
...
date, holders of certificates for th%,
Division, 140 Broadway, New York 15,, N- Y-, as exchange agent under
the
plan, * together with a duly-executed letter of transmittal rind"
dends
bonus
8,261,055
•
•
consummation
of preferred stock of Electric Power will be entitled to present
certificates to Guaranty Trust Co. of New York, Corporate Trust
such
Surplus at' beginning' Qf, year_l____;_^^_i_^—_ 513,212,901 437,355,240
Net income three months____---l_____T____l_
43,581,325
30,195,371
Adjustment
- - —
after the
and
5
classes
1948
'
$
$4,009,687
Cost of goods spld
(1881)
.
1949
.
discounts and ,State, sales.
.
CONSOLIDATED
Three Months Ended March 31—
;
30—; Vt?ir. vh'V;•> •■'•-•U >'V «rtorv 1948 *•
'J* 194?
-deducting returns, allowances,,,
CHRONICLE
FINANCIAL
&
STATEMENT OF
>
tBrewing; Co.—^Artnual Report—
years Ended Sept.
,
COMMERCIAL
THE
Number 4799
169
2,348
Interest
$2,212,593
Total
$1,059,298
$715,139
3,975,431
3,037,480
2,322,341
$6,188,024
$4,096,778
$3,037,480
29,968
27,948
year
•___
'
■
-
Balance
Net
:.
———--—
share of capital stcck (based on
surplus
income
per
————-—
6,997,430 shares )
fi
$1.63
—-r-T--—
Amortiz.
and
Amortiz.
$1,55
,
"4
Expiration of Stock Dividend Scrip Exchange Period—
The
privilege of exchange of scrip certificates issued May 1, 1947
stock of this company will expire at the close of business
May
holders
All
1949.
2,
will
standing
be
such
of
shares
sold
as
reserved for scrip certificates then out¬
as practicable for the account of the
Thereafter until the close of busi¬
soon
1953, the holders of scrip certificates will be en¬
titled, upon
surrender thereof;, to either the company's New York
transfer agent, the Bankers Trust Co., 16 Wall St., New York, N. Y.,
or
at the office of the company's Detroit transfer agents, 2000 Second
Ave., Detroit, Mich, to receive their proportions of. the net proceeds
of
such
sale.After
May
i.
1953, these
scrip certificates shall be
ness
May
on
void
all
for
purposes.—V.
169,
3 Mos. End, March 31—
,
sales
H.
.
2,183,153
1,042,641
share
per
Doehler,
sales volume
$1.60
Chairman,
and
•
April
on
profit results of
$2.07
stated:
-
U.
$3,033,840;
/
.
/
-
(of
•
#
in
'Includes
1949
1
,%
b
•••
13,580,257
-
V, '
8,810,348
$3.81 ',
—,
(Including
stock split in July-,
subsidiary
wholly-owned
Three Months Ended March 31—
1947.—V.
169, p.
1560.
and .fund
:
r
accelera ted
Class
^ !
;
"B"
-
depreciation of $4,335,778)
bonus
(tentatively
available
,
251,793,154 222,246,520
153,189,769 143,551,437
20,714,446
19,006,648
1,573,147
872,478
52,051
608,774
327,092
107,868
32,813
and
Reacquired
5,180,200
operating ineome_—^
*_
income
Other income:
Divs.
from
:
(net) —
1
" y.
—___1—
supplies———
—
debits
—_—
securities
—
General
Miscellaneous
corp.
income-
on
preferred
Premiuih
on
common
1st
convertible
/
debentures
duo
Federal
Other
Net
income
on
(net)
other
accrued
Contributions
deprec.,
in aid
surplus
for
169, .p.
■
•
3,193,700
i
for
income
Dividends
on
and
other
the
For
this
of
excessive
for
7,500,000
preferred
1,015,108
has been selected
8,515,108
12,983,000 kwh.,
1,060,000-
730,000
12,600,872
7,785,108
43,581,325
construction
35,495,371
costs.
the
period
preferred stock——
5,300,000
43,581,325
=
425,000
760,971
:
3,449,723
1,154,111
866,288
186,983
552,405
—__
construction-
—
or
April 21,
—
20.2^,
30.195,371
2,774,956
2,774,956
40,806,369
27,420,415
to
13,581,272
V
13,195
Total
the System input of subsidiaries
the consummation
'
1
preferred
notified
date
.n.
.
stock
that
of Part
,
and
second
1949,
plan for
Public Utility
10.
May
III of the
including all rights to accumulated and unpaid dividends
thereon, will be retired by exchanges on the following bases:
stock,
PREFERRED STOCK—For
holder will receive 4.5 shares of
Shares
.period
Amount
applicable
of
common/
to
common
stock
(excL. shares
in
stock
outstanding
^
each
share
common
of
$7
preferred
stock,
the
income)
on
during
treasury)
applicable to each share
of
—
com.
stock
11,174,846
11,134,393
$3.65
$2.46
SERIES A ($7)—For each share of
second preferred,, the holder will receive 4.3 shaies of common stock of
Middle South Utilities, Inc.,
6.25 shares of common stock of United
Gas
Corp.
and $5.25 in cash.
349,200
88,319
111,477
50,000-
998,400
1,868,635
1,000,000
1,867,970
1,482,384
6,148,056
______
1,481,453
3,975,431
„
$11,940,740
$9,515,349
deducting $1,483,598 in 1948 and $400,800 in 1947 U. S. Treas¬
tAfter
notes.
$2,395,719
depreciation
for
in
reserves
1947.—V.
168,
2541.
p.
of
$2,392,836
1948
in
Vx'.-
Equitable Gas Co.—Definitive Bonds Soon Ready—
first mortgage 3V*%
bonds, series due Jan. 1, 1973, will
available on and after May 5, 1949, for
delivery in exchange for
temporary bonds at The Chase National Bank of the City of New
York, 43 Exchange Place, New York. N. Y„ or at the Mellon National
Bank
Trust
&
Pittsburgh,
Co.,
Pa.—V.
169,
p.
497.
Fair child Engine & Airplane Corp.^—Meeting Adj.
;
The
annual meeting,
which had been scheduled for
adjourned until May 11. See also V. 169, p. 1779.
been
Family Finance Corp.—Preference
&
headed
group
Beane
and
par
of
April
27,
has
Stock Offered—An
Merrill
Walker
G. H.
shares
50,000
stock, series A at
by
&
Lynch,
Pierce,
Co., on April 27
4cumulative
preference
($50) flat.
'
The
preference
stock
common
stock
at
$12.81
share thereafter and
after
and
redeemed
or
on
at
is
on
convertible,
a
or
before
share
on
1,
Aug.
bought
if
before
or
before Aug.
1,
1956.
1952;
The
at
$50
Aug.
into
share,
a
$13.87 a
share there¬
stock may be
1949;
1,
and $15
a
preference
time at prices ranging from $57 on or prior to July 31,
for redemptions made after July 31, 1958.
Transfer agents are Irving Trust Co., New York, and Equitable Trust
Co., Wilmington, Del. Registrars are Chase National Bank, New York,
and. Delaware Trust Co., Wilmington, Del.
1949,
down
any
to
$55
PURPOSE—Net
Such
net
proceeds are estimated at approximately $2,340,000.
proceeds will be added to the company's cash balances. It is
intention of the company to use the major portion, if not
the
present
all,
of
such
mercial
net proceeds
to
outstanding bank loans and
reduce
paper.
,-
.
CAPITALIZATION
GIVING
EFFECT
TO
;
■'
/
PRESENT
Authorized
15-year subordinated sink, fund
notes due Sept. 1, 19e2_____L-_^'::__
com¬
;
FINANCING
J
Outstanding
V/2%
$6,000,000
'
and 5.9 shares of common stock of United Gas Corp.
PREFERRED STOCK,
58,363
'
135.676
Definitive
.
stock of Middle South Utilities,
PREFERRED STOCK—For each share of $6 preferred stock, the
holder will receive 4.1 sharps of common stock of Middle South -Utili¬
$6
SECOND
-
69,950
Preference
stock
(par $E0
$6,000,000
150,000 shs:
•
Balance
132,646
;; 103,399'
1Y402
Inc., and 6.5 shares of common stock of United Gas Corp.
ties, Inc.,
'
__________________________________
offered
compliance by Electric Power with section 11 of the
Holding Company Act of 1935, which was approved by the Securities
and Exchange Commission on March 7, 1949, and by the U. S, District
Court
for
the
Southern
District
of
New
York
on
April 22,
1949.
Pursuant to the plan, on said consummation date the following classes
of
9,984
m
bonds
sav.
,
value)—
par
$408,568
214,574
be
.
13,195
77,203,000
$7 preferred stock, $6
series A ($7) have been
as
$900,202
income
($5
underwriting
of
stock,
<
■
(oth. than Fed. taxes
tax
8,839,871
To Consummate Plan May 10—
holders
l
$9,515,349
price adjustments on sales contracts
conv. preferred stock ($100 par value)
♦After
10,743,220
11,855,230
kwh.,
an
increase of,
the corresponding week of last year.
oyer
1
;
on
stock
145,121
$11,940,740
—
1,408
y;;yv
1949,
amounted
rights—
_——'
170,013,076 104,012,990
y,• ;
140,693
601,678
••V
139,966
amortiz. and depletionof construction—_____
week ended
coropration
1,160,872
income
4,150,000
Electric Power & Light-Corp.—^Weekly Input—
12.500.00C
——
316,000
■
^__
debt_:
1560.
2,117,711
157,585
,
payable—
surplus
12,075,000
316,000
1,778,445
iTotai'.'-i—___i-———
—V.
116,101
2,205,291
5
.
surplus
and
1963
,___
6,253,960
cost or market)
36,000,000
____
on
advances
for
Reserves
cum.
Common
49,437,000
1947
$777,944
1,402,516
4,931,363
equipment
_______
wages
taxes
for
Res.
48,112,000
31
2,197,6f2
1
receivable
payable
Accrued taxes
____
——:.—
premium
27,710,263
income^.
DEC.
—
1968__—
1966—
____1__1
accrued
the lower of
manufacturing
and
♦Federal
ury
9,740,000
$7
operating
Provision
'Net
taxes
SHEET,
(net)
Dividends payable *.
Employees' deducts, for taxes & U. S.
675,000
v
$1.91
amounted
1946.
LIABILITIES—
Accounts
20,000,000
.
Prov. for
in
BALANCE
——
Salaries
6,664,013
—_;
Taxes
and
Total
6,664,013
iddhg-ternr debfr__-__:_^:"__:j___
Notes' payable to bankli^—
Accounts payable
<—
30,980,453
stock.
'stocki__:_:___
Miscellaneous
24,430,000 <18,740,000
—1"
Patents
2,500,000
2,119,536
2,500,000
675,000
pipe'line bonds due
mtge.
(at
accounts
buildings and
Deferred
charges
$7,fjp0,000
2,119,536
stocks.
$3,037,480
373,594
cost of sales and expenses
$210,935
receivable
accounts
and
Earned
$7,500,000
(par $100)
pipe line bonds due
1st mtge.
3%
!
com.
$2.76
373,594
1948
Capital
cumul.' preferred stock
The
Motors
other
——
170,013,076 104,012,990
^.___
—i—
i
___—
13,660.872
^Operating
on
and
1947
$3,975,431
$5.81
$1,010,2^0
Notes
4%
for
bredit to fund)^
$6,148,056
373,727
year
share
ASSETS—
Fenner
10^044,472
of
COMPARATIVE
1,251,844
137,423
Intel est
2,131,969
in
$239,793
62,179,071
2,766,469
1,605,892
of Indebtedness^.^
receivable
Unamortized
17,298,286
.
Feideral taxes
53,503,305
2,674,784
Earned
Cost of goods sold and operating charges..
Selling, general and administrative expenses
Depreciation and obsolescence, (incl., in 1949,
35,091,621
Notes payable to banklli--^^-^.^—_^^i_._
■
1948
2,308,567
end
outstanding,
common
tLand,
7,087
deferred
2V*%
.249,484,587 220,114,551,
^
revenues--——
93,399
-
NOTE—Depreciation included in
to
Deferred
105,500,936
accounts-
____
,
per
Inventories
31
1947
1948
4^/4% -cumul.- preferred stock ■;(par $100)_
Common; stock. (par
vj
companies)
1949
;
SHEET; DEC.
30;,834
Customers'
Net sales
Other operating
BALANCE
■
LIABILITIES—
$$1.61
$2.47
(E. I.) du Pont.de Nemours.& Co.—Earnings—
.
'
$3,623,641
500
4,10%
5;772,015
'
surplus,
shares
588,783
2,001,163
Materials
>
a.dividend of $790,000. and in 1948 one j>f $250.0s00
company; $Oh adjusted basis, giving "effect
common
'
..
$4,970,054
$358,704
Total
associated,
an
the four-for-one
$324,320
receivable
Total
1949)-will be••,
dividends—.
Earned
$3,953,714
330,073
38~547
Prepayments
that'
-J———V—
Earnings per common share
to
413,750
deposits
Accounts
$0;50>
anticipate
"We
$21,393,730 $14;025,192;:, $8,989,577;.
shares outstanding^—-—5,124,274
4,994,824
.,1,248,703;
prolit
received from
$5,383,804
34,479
CONSOLIDATED
■
*. /
Premium
Common
$393,183
'
34,479
—
-•
Certificates
S.
Notes
,
<
surplus
investment
Special
2,156,905 — 519,895
1,042,644.
1,042.644-
<
pfd. stock dividends
Earnings
18,289
.959,779
3,068,571
the second quarter
Federal income taxes^:-^—
Net
25,124
2,816,273
$
' • 1949
'•
1948
1947
charges__—°$34,973,987<:$22,835,540 $14,761,592-.
9 Months Ended Feb. 28—
after
2,320
117,417
$358,800
COMPARATIVE
1946
1947
$15,695,701
Suhs.)r^Earnings-f-
Dow Chemical Co.
:
•
1,382
163,381
requirnlts.
ASSETS—
Total
$2.09
•
21
^similar'to the first'quarterly. 169/;p.: 4.
Profit
Balance
(
1948
1549
after taxes—
1,703,614
shares outstdg. —1,067 642
H.
30,086
1,036,695
properties, pipe lines and equipmentSpecial construction projects (net)
$17,950,292
Earnings
32,352
976,925
Plant,
$19,368,061
—
conv.
stock
Common
taxes—
.
div.
cum.
Common
Cash
1450.
p.
Net ,profit
Capital
2,721
75,355
T{.
1,
Dofthler-Jarvis Corp.—Earnings—
Net
2,643
87,061
.
j
'
stk.
Pfd.
16,242
19,837
on
deductions-
income
Neb income
■.
4%
(Cr)
income
Misc.
Federal
certificates.
scrip
premium
(Cr):^____-____ j
to con¬
struction
capital
on
of
debt
Interest charged
*
for
disct. !
debt
of
expense
.
4J/a %
Common
stock
of the
.
♦2,000,000 shs.
(par
♦295,417 shares
version
■-nii/'.-'rt: .irjj.r;;
'
preference-stock, series A
cum.
res$W!&
75,686
■
•
as
of April 21,
os
of
1949,
for issuance, upon con¬
preference stock,
•:-r
•
125.686 shs.
1.097,590% shs.
series
then out-
A,
:
•
.
■
<>
standing.
The -number
increased
shares
of
of
be
of the 50,000 shares of
SHORT
BORROWINGS—As
TERM
April
of
1949,
21,
the
company
loans
and
such
bank
to
time
commercial paper. The amount of
commercial paper outstanding varies lrom time
with the requirements of the businesses of the
and
loans
in
accordance
110,540,499
71,435,761
31.603,432
returns-and nllow.
sold
adv. & admin, exps.
less
—
.
sell.,
Delivery,
represented
$3,000,0C0
sales,
of goods
Cost
short-term bank- loans and commercial paper in the
aggregale amount of $23,040,000, of which $20,040,000 represented bank
outstanding
Miscellaneous
income
ASSETS--
C.V:,
•
»-
103,439.444 - 78,989,493
69,903,618 ;> 50,287*066
29,081,675
22,467,141.
'
•,
'
...,
,
Mar.
'
.»
t
.
'-
'•
•'
v
<
•
Cash
BALANCE i SHEET
3
31, !49
.
».
,
,
i
,
232,721,161
AU.
Govt,
s.
term—at
i ;
^
f
Inventories
290,186,035v
311,333.167
589,563,126
249,974,62$
283.858,294
222,573,591
286,588,194
752,474,105
•
-' v.'-
—
notes
Dec, 31,; '48 v-' Mar. 31, '48
• '
''
1
544,644,011
securities—Short
cost
i;Accounts and
4,448,151 A 6,235,2861
23,05 7-;/.
-10,133
.
-44,339
—
—
CONDENSED CONSOLIDATED
.
Dec. 28,'46
7,501,306 f
Balance
Monday, May 2. 1949
•
:
.
.1.$'4 ''"*>•. •*
$
Gross
had
INCOME ACCOUNT.,,
Dec. 25,'48, Dec. 27,'47
Ended—
52 Weeks
CHRONICLE
FINANCIAL
&
COMPARATIVE
stock so reserved will
common
195,160 shares upon the issuance
stock, series A now offered.
by
preference
COMMERCIAL
THE
(1882)
receivable
/.
.
890,352,201
—„—
investments in subsidiary companies not consolidated
786,576,707
/'i-y
i
■ ■
'
company's
subsidiaries.
HISTORY
Delaware
which
related
May
which
BUSINESS—Company,
AND
on
are
Total
activities,
income
Federal
for
Profit
i
Earned
2,830,000
taxes
for
year.——.-
—15.445,867
Total
Cash dividends
preferred stock—
on
Earned
COMPARATIVE
Cash
U.
$5,632,477
Inventories
—
Mortgages
'
v
.■
Walker & Co.
G. H.
Webber,
Paine,
Shs.
Curtis
9,000
Beane—_
8,COO
Weeks &
Hayden,
Riter
3,500
Johnson,
Co
3,000
Stubbs— 3,000
Miller & Co
Goldman, Sachs & Co..
&
Shs.
&
Jackson
__
Whiting,
9,000
7,879,480
Lane,
1,500
__—_
'and
Space
l
037,024,829
$33,137,295
The
Hanrahan
Dividends
Reserve
local
payable
1,000
net
est.
Reserves
$8
stock
income
of
cost
235,470
taxes
-•
2a5,470
for
of
3,792,374
235.470
2,682,851
past service
•
.
•
2,523,798
'v.-
'
Earned
Definitive
Trust
Co.,
first
due June
3 '/ascries
bonds,
mortgage
1,
& Chemical Corp.—Kidder, Peabody
Food Machinery
secondary distribution of 42,000
stock (par $10) at $21.50 per share,
of 700 a share to NASD members.
April 2P effected
shares
with
of
common
concession
a
1
■
■
...
.
been
called
Co.—Partial Redemption—*
redemption
for
June
on
through
next,
1,
(Robert) Gair Co., Inc. (& Subs.)—EarningsEnded
March
$10,454,078
1.535,381
2,164,733
2,197.407
Provision for depreciation./—246,811
227,266
9,750
181,107
9,750
Profit
before
Dividends
shown
deduct-;,
below
pfd. stock of sub.
on
9,750
co.._
Profit from U. S. operations
Profit of Gair Co. Canada Ltd.,/ aft.
217,663'
281,639
331,112
for Dorn. taxes, and pfd. div.
prov.
$2,006,549
$1,927,716
$1,278,820
—
9,077,500
7,973,995
'. 7,973,996
10,751,504
Prov, for int.
fund
notes
Provision
3 Vz '4
on
——
After
1946.
in
reserve
of
^Represented
stock
common
1943,
in
$.33,137,295 $33,327,391
tAfter reserve lor depre¬
in 1947 and $16,539,090 in
$17,154,060
5,682 shares of preferred and
167, p. 2685.
by
2V'
and
for
Fedeial
serial
notes
.' "!
87,346
tax—
income
466,000
90.065
78,796
726,000
740,000
-
25,002. shares
of
Net
tion
Corp.—Quarterly Report—Net sales of
in the first quarter of 1949
$1,282,324,474 and net income $i36,763,338,. Al¬
of
sales
the
for
quarter
for
sales
of
1936-1941
10.7')
was
but
1948.
sales.
This
the .average
of
below
was
period.
with $2.12
compared
Sales
in
value
in
quarter
in the
income
Net
somewhat
prewar
the
of
quarter
the/period-:—A—-——
Preferred
dividend
for
period
|
$1,405,416
$1,293,290
$1,056,586
the
current
for
the
quarter
83,203
89,643
89,644
Profit
to
sharer,
Common
Paperbc&yd
Corp.
stock__
common
on
NOTE—-The 60 'A-
,
$966,942
$1,303,646'
1,779,888
$0.54
1,779.388
$0.73
stock---
common
ouptstanding
share
per
March
first
quarter
interest of the company in the income of Southern-,
is not 'reflected' in the above statement.—-V,, 168,
2225.
p.
1,
the first
1948.
the
of
S.
U.
Bureau
Salaried
geared.
decrease
of
of
with $1,086,680,131
31, 1948.
7
Dec.
at
1948
$708,434
$372,671
$433,523
24,500
24.500
Net profit for
Ncu
profit
656,049
—V.
$603,934
$0.53
$433,523
sales
Net
iOther
Cost
excl.
dividend
ended March 31,
"share,
per
share.
income
interest
and
of
the
Report—
the
for
company
and
for
the
months
12
figures
March
ended
year
a
31,
1949,
$0.44
were
ago
net
and
$2.32
$'1.95,
pared
value per share
with
$43.22
•
at Dec.
31,
QUARTERLY
Quarter; Ended
March
March 31,
at
1948.
and
per
re¬
1949
was
$44.79
com-'
as
and
INCOME
Total
&
1948
$131,326
16,796
Dividends
18,927
lexcl.
surtax
of gain
losses, realized & unreal,
6,027
5,953
6,350
Amount
BALANCE
ASSETS—Cash
able
for
and
interest
MARCH
bank—demand
in
securities
of General
$109,884
SHEET,
cold,
not
Capital
receivable,
$108,574
31,
$40,165;
not
delivered,
accounts
$64,805;
receivable
dividends
(miscellaneous).
investments (marketable securities) at quoted market value—less
$236,926 reserve for Federal capital gains tax, based on unrealized
appreciation
(recorded cost, based on requirements of Federal tax
regulations, S3,179,046, which includes certain securities acquired from
predecessor company at cost to it), $8,412,272;
total,
$8,810,811.
securities purchased,
ceived, $5,250; accounts payable—management fee and other
$15,914;
reserve
provision
for
for
Federal
payable
accrued
for
Federal
and
State
taxes
riot
(other
than
capital
General Baking Co.—Annual
tales
compared
$7,101,055.
of
the
At
the
for
with
Sales
week
52
year
ended Dec. 25,
$103,439,444
for
the year 1948
for
1948 were $110,540,499
the
year
1947,
were
the
highest
an
in
Increase of
the history
the
close
$8,104,002,
of
deduction
and
in
the
fiscal year
amounted
leaving
to
1948 current assets, including cash of
and
current
liabilities
totaled
$16,935,402.
working
capital of $9,327,394.
U. S. Treasury
notes in the amount of $500,000 were purchased during the year.
net
194:;.
in
the
of
shaies
shares
series,
of
and
countries
deferred
by
sion
in
for
the
the
subsidiaires
foreign
first
basis
where
$1,593,994.
consolidated
$2.12
which
at
later
price
a
of
used
in
of
months
OF
restrictions
exist
the
CONSOLIDATED
stated,
raising
be
ntay
be
to
1949,
Net
income
for
'
of
output
is
to
funds
corporate
converted
fixed
of
by
the
Mr.
the
into
board
.
declared
this
corporation
kwh., an
Dividends
on
on
Earned
preferred stock,
$3.75
that
of
the
for
week
of
income
period——
$41,479,473
not
than
at
March
consolidated,
surplus
50'i
of
Interest
also
31,
1948
for
Si.479,118
in
companies
is held.
net
at
*
earned
a
surplus
31.
1949
substantial
March
which
1947
$547,109
$2,143,129
848,055
$425,634
$1,295,074
21,602
tax
—
of
:
securities
non-admitted
446,674
tax
in
and
1948
$436,793 decrease ia
tBcforc
profit
on
1948
not
1947
sale
of
^Excludes inter¬
raj Reinsurance shares.
amounting to
*
-.585,124
599,882
•
600,000
reinsurance.
Gene
to
inc.
$1,316,676
$403,375
—
be!ore
increase
$242,618
for
dividends
received
$337,509,
DEC.
SHEET
BALANCE
31
1948
offices
23,281.001
Investments—
'
"
States
Government
■'
19,921,804
3,950,219
5,407,099
:
$4,177,654
8,912,318
and
1947
$3,825,436
-
banks
in
4,531,899
.
.
bonds.—'—.
bonds
Star
Herbert
Reinsurance
Clough, Inc.
Other
preferred
Other
common
Premiums
and
1949
subsidiaries
and
but
taxes
of
^Allocated
ASSETS
Cash
Other
34,850,276
31.
after
sale
stockholders——
before
United
937,523
March
1779.
£972,743
inc.
:——
on
reserves
■"North
32,986,781
34,850,276
at
April
kwh.;
p.
'
1,119,395,452 871,380,278-,
$49,289,856
ended
169,
1122,259
before
taxes—
to
profit
days
earned
the
for
viz: $120,000 from
North Star Reinsurance Corp. and $217,409 from Herbert Clouga', Inc.
/Not including income taxes allocable to profit on sale of securities.
2,294,555
937,524
includes
on
4.635.9( 4
1948
COMPARATIVE
54,927,253
Capital surplus at beginning and end of period
surplus
earnings
$
'
2,294,555
:i.
stock
surplus at end
stock
subsidiaries, for
week of last year.—V.
accrued—
taxes
company
1,040,791,446 811,117,725
136,733,338
96,481,412.
preferred stock
common
time
some
directors.
its
increase
115,966,784
to
before
income
■"Also
1,177,554,784 907,599,137
—
$5
on
at
common
of
and
company
Hines
corresponding
the
over
,
194S
$
period
period...'—.
Total
,
capital stock, Earle
make availab'e shares
21 cents per share compared with
the similar period of 1948.
"Business continues
than last -year and the company's backlog of.
in
amounted
1949
4.2/:
securities.
SURPLUS
1949
■'
'■•
beginning of
at
com-
authorized
PuUlic Utilities Corp.—Weekly Output—
electric
'
surplus
of
'•
Income
in
have
3 Months Ended March 31—
Earned
stock,
preference
shares
approximated
share
per
Dividends
1949.
'■
preferred
convertible
1,000,000
1451.
jNet
profits from
exceeded profits
of
reported as sundry income deductions
been reclassified
to conform to
taxes,
1948,
of
cer¬
stock
value, to^
into, three, plasses.,
par
/
in
for
operations
on
quarter
three
Net
$120,465-
Deferment of unremitted foreign profits of
where exchange restrictions exist and provi¬
dividend
quarter
remittances
1949.
exchange
(he
to
capital
without
divided
120.000
board
stock
of
be
to
the
in
stock,
of
15,000
more
amendment
an
increase
*an
of
increase
be
Net
foreign
•..\
43,986.996
$3.04
amounted-to
^Including
dividends received oL
1948—less sundry income deductions
of
are
1779.
p.
Corp. '--/y Capitalization
approved
value,
par
'"Statutory underwriting result
TNet
investment
income..
1948).
quarter
163,
General Reinsurance Corp.—Annual Report-
93,249,334
133,531,259
received
interest
$293,408
first
the
NOTE—Earned
company.
$7,658,008,
in
1949
Dividends
rison, President, said in part:
Net
first
or
3,232,078
43,952,722
$3,801,102
NOTE—In
Dividends
Report—George L. Mor¬
and
cents
22.
98.481,412
share—
and
subsidiaries
made.—-V.
be
possibly for rearing outstanding bank
working capital, when necessary, and
slock
date
The
shares outstand¬
common
expenses,
gains tax deducted above), $36,037; net
assets (represented by 195,431 shares of stcck, par value $1 per share),
$8,753,609; total, $8,810,811.—V. 168, p. 1693.
as
(net
in
common
per
SUMMARY
re¬
consolidated
value.
par
cLuses
additional
80,683,000
3,232,079
stock
capital
common
tDividends
and
1949
$301,204
deposit, $258,566; accounts receiv¬
$34,995; accounts receivable for
sold,
its
shares
series;
or
the
Chairman
General
delivered,
Corp.
LIABILITIES—Accounts
95,489,000
period
earned
'Restated.
in
1949
on
the
sundry
to
loans, for rais¬
to make provi¬
sions for the requirements "of an employee stock purchase plan which
was
also. approved at the meeting.
Under the plan, certain officers
and employees of the company may acquire shares of the new pref¬
ing
•
7,039,961
10,373,000
136,763,338
Average number of
$115,772
$9;
a
foreign income taxes
earned
31,
ag.iinst
respect
calendar Years—
Amount
or
on secs.i
—
,
y.':
Drl.593,894
15,475,000
preferred capital stock.——
on
in
March
At
basis.
same
various .claims
subsidaries
that may
23
consist
one
of
future,
$141,049
ing during
Total net income
new
23,617.659
26,585,403:
income
Net
1947
1949
15,492
expenses and taxes
for Fed. normal tax
Hines,
the
p.
equipment
and
the
783,531
of unremit. foreign profits where
exchange restrictions exist-Employees bonus
__
$9,568,795.
on
arc
unpaid
plants,
estate,
Deferment
"
STATEMENT
$131,403
income
Stock
real
the
slightly beilcr
is extremely
good," he added. • Regarding the motion picture
industry. Mr. Hines observed that while business in general is showing /
a
tendency-to slow up, the picture industry has leveled off with most
picture companies now showing a profit from operations.—V.
169,
41,439,160
-
of
Liabilities
orders
833,009,781
783,531
of
Equipment
800,000
more
without
the
18
2'/a 7i
—
obsolesc.
United States
,
31—
Tot.'I
Prov.
Deprec.
notes
*
consolidated'balance
There is included under*'
first quarter of
1949 of
the
balance
authorizing
•
or
purpose
in
first
6,094,569
53,484,314
expense
on
Other
years.
for
reclassified
April
on
in
Commenting
charges,
1
below
the
1949
and
prior
settlements
will
one
of
a
962,473,985
operating
been
without
stock
stock,
erence
1,093,427,504
—
asset
at
1,289,480,582
and> administrative
general.
promissory
quarter
spectively.
Net
listed
items
of
other
of
bonus
corporation, and
all
from
shares,
in
G.
the
—
and
sales
Liabilities
for
Precision
is'noble
The
Drl,818,758
-
the
of
cover
incorporation
new
men
1,089,151,693
2,184,257
Interest & amortization of discount
1949, after provision for taxes and expenses, was $0.54
Comparable
'<
$
4,951,851
$903,407,654
'Sub.stantlallv•
.
31,
consolidated
its
company,
stock,
of subsidiary com¬
(net)
consolidated
1943.
patent
to
1,135,000
The
"1948
1,282,324,474
J
'.
*
—
of
Selling,
General Capital Corp.—Quarterly
The
$949 583,053
1949
income
Total
$0.66
.
\
2225.
and
no
March
awards
have
stockholders
the
to
per share ol' com. stock,
shares outstanding—
(
168, p.
1948,
$
tEquity in earnings
$348,171
$1.04
stock
common
The
.
..: -. A '
ACCOUNT
1947
panies not
;
31.
INCOME
1949.
31,
31,
pay¬
19491.'
deorecia-;'
by 1,835.644 no par,
par shares.- ffEmployees bonus,
LIABILITIES—There
and
books
tificate
ol
quarter of
compared
March
trx
in
J;After
Represented
unawarded
an
March
at
at
income
($1,480,242
1949».
Increased—Quarterly Earnings Higher—
rolls
pay
Current
bonus
and
in
miscellaneous.
provision
suits,
issuable
alowance,
quarter's
of
General
Total pay
3 Months Ended March 31—
1949
31—
Net profit after prov. for Fed. taxes
Preferred stock cliv. requirement's..
previous
$926,107,685
of
accounts
shares
$832,561,573
BONUS-At
in
anticipation
871.380,278
•«
1949, compared with 388,911 in the first, quarter '
rolls were $355,000,000 in the first quarter of 1949,
compared with $317,000,000 in the same period a year ago.
Net working capital at March 31, 1949. amounted to $1,192,413,268,
Gardner-Deliver Co. (& Subs.)—Earnings—
March
the
(110,623
operations.
and
accounts
adequate
employes
from
$10
the
the
on
which
to
2.957.769,607 2,575,986,163
ill
doubtful
Represented by l.000.000
the
34.85oi276'
1.040,791,446
••
infringements and other matters • incident to the/
ordinary course of business, together with other contingencies. There
is no way of determining the eventual liability• for these clams and
contingencies but, in
the opinion of the management and of the
general counsel,
amounts included in other liabilities
and reserves-
drop
CONSOLIDATED
Ended
Statistics
of
and
foreign
includes
taxes,
first quarter of 1943.
were
the • largest for
Labor
of
1948
to
corporation
1949
in the Consumers' Price Index.
396,261 employes were on General Motors
the
average
in
March
Quarter
obsolescence
31.
for
purposes
CONTINGENT
of
covered by the formula
cost-of-living allowance of $30 for the quarter beginning
a
a
of
wage
allowance
warranties
1948
11,5/7
hourly-rate employes covered,
formula was reduced two cents per hour
March 1, based on a decrease in the Con¬
beginning
is
reflecting
An
GM
Index
allowance
will'receive
$1,320,210
1,740,440
$0.76
Price
sumers'
also
Profit applic.
and
Dec.
$15,475,000
compared
of
GM
of
100,000,000
441,043,400
34,850.276
purchased
amounts
bonus
Reserves
Motors
allowance
183.564,40o
100,000,000
441.043,400
-
3.058,859,733
...
instalments
in terms of dollars for the first quarter of 1949, the
report declared, recognition must be given not only. to the relatively
high level of physical production and employment but to the higher
price level since the war.
Thus dollar figures are much greater than,
would have resulted from a similar physical volume of sales before
the war.
r.
V-•'
/•'/.
;* :
cost-of-living
;-
.
1,119,395,452
EMPLOYEES
operations
The
\
•.:
-
34,850.276
surplus
for
sheet
history. They were at an annual rate
than for the year 1948, and over three times the
average
of $1.6 billion.
In appraising the results
higher
1936-1941
of
share, in
per
first
the
for
General
183,464,400
100.000,000
441,043,400
surplus
shares.
equivalent to $3.04 per share on the average number of- com¬
shares outstanding,
after deducting dividends on the preferred
any
183.564,400
stock.'—
stock, $10 par value
'(Alter
taxes,
products
the
for
income
9.4',
-•
stock—.
prefened
'"Including
at
Sloan, Jr., Chairman of the Board, and C. E. Wil¬
President, disclosed on April 28 in their report to
435,000 stockholders.
'v-'."'A''
the
Profit
company—_i.:
and sux-plHs;
preferred
fHeld
son,
with
11.987,805
" "
subs,
$3.75
ments.
General Motors
Motors
9,582,795
1,973,414
Earned
cost).—V.
(at
11.971,269'
19,988,528
25,043.795
Dr330,000
$37,024,329
—
.
22,453.816
_
1,973,414
foreign
stock
allocable
General
—
1,973,414
of
Capital
three years of $75,000.
all
$17,706,141
by
seed, sinking
96,000.000
80,659,811
1
1,715,850
9,633,842
Dr830.000
29,000,000
96,000,000
110,509,327
23,649,313
t':
9,077,500
7.973,995
13,195,326
29,000,000
96,000,000
income
Total
$2,224,213
$2,209,355.
$1,609,932
—
29.000,000
109,045.177
37.403,301
-
Total
1976
2.218,759
.
*
stocks,
1948
1947
$11,889,9.71 $11,200,462
1949
31—
<U. S.l
19C6
22,238,627
""$5
1949 was
Quarters
1,
1,
„
Common
9,077.500
-
value)
par
Total
mon
Net sales to customers
(
3.232,078
«. 'i
63,809,307
750,000
v
,
operation cf the sinking fund, $20,000 of first mortgage 334C bonds,
due Dec. 1, 1965, at 104 and interest.
Payment will be .made at the
office of J. P. Morgan & Co. Incorporated, 23 Wall St., New York,
JN. Y.—V. 167. p. 1921.
■
'
-
3,232,079
1,757,807
■/.
■.
stock
totaled
Street Union Depot
have
3,232,079
*
notes;
23,354,484
Capital
fred P.
Fort
There
259,727,310
62,215,313
stock
•
> ' 276,123
Dr880,000
($5
a
—V. 160, p. 1113.
182,683,233
364,705,326
profits...
are
exchange lor outstanding temporary bonds at the Bankers
Wall St., New York, N. Y.—V. 168, p. 1901.
16
ciation
& Co.
contingencies.
stock
(issued 90,775
par value)-...-
surplus
?Treasury
1978,
•>! >'_/—_/•
no
stock
Common
available in
195,246,038
351,864,167
Stock
Unremitted
485,790
•
,
1
;.
/Contingencies and miscell..
Minority
interest — preference
$3,245,871
1 420,768
*
undjer retirement plan—
preferred
shares
Florida Power & Light Co.—Definitive Bonds—
205.144,420
Employees benefit plans':—_1
Employees bonus
$33,327,391
$2,875,209
528,072
taxes, etc.
common
on
for Federal
for
annuities
—
& Co
239,035,885
foreign income taxes
payable on preferred
See. A, matur. Aug.
Ser. B, matur.
Aug.
'ifOther liabilities
"
Johnston; Lemon & Co
3,000
F. S. Moseley & Co.___—c 3,000
—V. 169, p. 1560.
and
Deferred
$3,102,032
accrued exps.
and
I
-
2,575,986,133
warranties,
—
payable
C3,214,330'
-
-
2,957,769,607
&
accrued items—216.652,724
capital
LIABILITIES—
Accounts
:
—
237,413.429
2'Vapromissory
15,882,202
■ 380,845
l-f
497,022
*
8,064,585
•
payrolls,
Dividends
216,360
17.278,022
1
-
_L——
Accrued State and
Res.
1,500
Robinson-Humphrey Co. 1.500
Co., Inc.
Hovnbiower & Weeks-3,000
S.
6,734,19i-
215,104
18,854,64,7
976,731
5,043,061
724,585,104.
63,214,330
—
Reserves:
Total
No. of
Lynch, Pierce, Fen&
ner
1,4)0,196
-.
tLand, bldgs., machinery & equip.
Prepaid insurance
taxes, etc
Trade-marks, copyrights & good will
No. of
"
Merrill
1,635,189
20o,048
receivable
■'Accounts
U.
1,100,000
.
10,682.678
etc.—_A—"v::c;'63,214,330
payable
sundry
$7,543,596,
,_L——
500,000
cost.——'
.14,934,908
7,805,924
775,088,502
:
3,058,859,733
Taxes,
Dec. 28,'46
2,049,350
at
notes,
49,259,458.
v-
6;567,178
11,430.080
v::
.28,913,321)
LIABILITIES—
6,332,050
Treasury
patents,
Accounts
series A, which each
of preference stock,
severally agreed to purchase are as follows:
respective number of shares
has
$2.09
$8,104,002
—-
—
S.
Goodwill,
9,633,842.
Dec. 27,"47
41,858,482
767,024,080
.
Total
$1.31
27,857,190
.
trcas.
;V.r:V-v
10,751,504
Dec. 25,'48
ASSETS—
repaid
680.744
SHEET
BALANCE
assets
plants, and equip.
exps. & deferred chgs.
130,860,760
134,962,066
27,626,854
SReal estate,
1;'412,817
.
139,563,062
investments
|Com, capital stock in
If,727,403-
,
680,744
941,878
$2.56
share
common
per
;
13.195,326
surplus at end of year„—
Earnings
12,374,126
680,744 :
1,569,797
—
and the
principal underwriters
of the
1,718,000
Other
4,694,363 v. 2,740,2843,964,62510,751,504 V 9,633,842 V 7,762,778
_
surplus at beginning of year
Commdn dividends
-
names
6,279,625
2,315,000
1
sales
UNDERWRITERS—The
4,458,284
7,524,363
-
Miscellaneous
1927, is a holding company, (he subsidiaries of
in three distinct types of the linance business and
namely, loans under small loan laws, discount loans
2,
engaged
financing.
Company believes that it is the fifth largest
company operating principally in the small loan field.
Tne
company,
out cf its own capital or
borrowings, provides its
subsidiaries with the money necessary to permit them to conduct their
respective businesses. The operating offices of its subsidiaries are man¬
aged
through Security Bankers Management Corp., a wholly-owned
subsidiary of the company, the personnel of which furnishes super¬
visory, accounting and auditing services to such operating offices.
The business of the
company
and its subsidiaries requires only a
relatively small investment in fixed assets, their resources being .prin¬
cipally invented in a large number of self-liquidating obligations.
All
the oilices operated by the subsidaries as well as the executive offices
of the company are leased, and
neither the company nor any of its.
subsidiaries owns any substantial amount of physical property other
than office furniture and fixtures and a small amount of real estate.
and
Provision
in
incorporated
was
__.c
t
Other
in
stock
admitted
' 133.126
1,361.320
of
collection
(not
over
i
—
assets—!
—
311,431 ;
1,669,250
9,450,060
1,197,834
170,464
.
6,344,479
1,526,667
1
(100') I
stocks.
course
interest
stock—
stocks—/
duci
Accrued
Corn,
135,702
90
.
30,658
...
21,899
for
more •• •
'
Total
$50,995,597 $45,357,751
.
;
Volume
LIABILITIES—
LIABILITIES—
Reserve
for
claims'
Reserve
for
unearned
Reserve
for
claim
and
lia¬
oilier
v
2,557,467
for
(par $101—
In
;
$2,220,786
$3,374,149
2,021,365
returnable
dividend
Preferred
_____
3,586,442
__________
2,095,923
1,708,814
5,000,000
5,000,000
Reserve
for
10,000,000
Reserve
1,006,050
1,013,054
--—-—
yU. 3.
109,360
109,360
Class
A
6,997,630
Class
B
772,679
8,323,438
1,582,840
—_
Miscellaneous
5Vr
-
stock
common
—V.
169,
and 99.14',; of
stock in both years.
by 99.16%
of common stock in
in 1947, plus 100%
of preferred
7"Represented
1948
1113.
p.
8,003,185
Trust
1,582,840
Trust
Months
from
Ended
March
264,877
$5,483,506
191,647
125,7'93
i
: '
2,452,051
yf
2,354,011
2,713,674
$2,476,620
$3,663,716
share of
ner
earned
share
per
$8.80
$13.02
$10.32
$1.65
$1.28
prefer¬
__1
.< Quarters
Ended March 31—
profit after all charges
"Earnings per common share
NOTE—Net, income
includes
the
for
three
months
ended
earnings of The Toni Co.—V. 168,
p.
1948
31,
March
"Based
ASSETS—Cash, $891,209;
cmn'nted
evff,nsive revised production
gram with the sale'of it3 Orl,and '(Calif.) manufacturing plant.
i
dry 'milk
'
has been sold
oi Pet: Milk
of
State
Golden
-
to
Co., Ltd.
The
sale
the
of
which
program
Noite
the
discontinuance
which
County,
of
as
shares
/
Net
sales
Net
proiit after chgs. and taxes
"After
247,286
368,122
592,980
564,200
47,743
553,800
share—,—.
common
,
•
The
$0.37
'
$0.04
$0.60
stock now out¬
running-about..40%
are
in
the
number
of
shares
outstanding
of
5%
a
during
15,
Dec.
units
scheduled
are
iG9,
be
1561.
p.
,,
completely
' - y\y-
remodeled
income
long-term
Net
profit before minority
Minority
Net
Preferred
181,635
284,139
$1,495,263
interest
$1,462,961
shares
Earnings
per
Common
shares
Earnings
paid—
$1,450,522
97.754
_
paid__
94,000
$16.16
$15.43
1,030.464
$1.35
issued
$1.31.
share
Harrisburg (Pa.) Gas Co.
has received
are
to
be
■
Private Financing — The
authorization to issue and
sold
sales
Other
and
income
immediate
On
was
.'..Total
the
when
In
the
arid services purchased-—
Wage and salary costs—
Depreciation
Other
income
tax.:
Each
21,
on,
preferred
common
stoeky_______
surplus
Earnings
tNet
per
sales
984,525.
at
end
share
and
..
the
York
City,
Hotel
U.
S.
World
.
additional
receivable
Materials,
Finished
Net
revenues:
$1,944,124
1949,
Other
in
$30,168,730;
of
$1.03
1948,
ceeds
it
$33,-
wired
were
rooms
wired
rooms
and
8,
1948.
of
furnished.
the System
in
furnished
installation
Weston,
New
of
installation
Hotelesets
and
Hotel
Hotelesets
70
and
Ohio,
40
the
in
installed
the
time
for
System
in
Dec. .31,'48
7,033,600
.
;h
furnished
hotel will
to each
hotel.
Granada
and
be
ap¬
approximately
100 suites
and
wired
the Hotel
In
Hotels,
approximately
is
70
Hotelesets
Sutton
are
engaged in the sale and ; dis¬
equipment comprising the Hotelevision System
to
may
resell,
lease or sub-lease such equipment to
the
who
other
or
presently
Depending
institutions.
the
upon
net
pro¬
by the company from the sale of the securities offered,
intention of the company, in so far as practicable in the
in certain instances to lease the System
directly to hotels
as
well
contracting
grant
no.
fcr
further
in other
as
the
sale
instances to continue
the
of
equipment.
distributorship contracts except
participation by
the
the System
CAPITAL
11,903,412
ea
Delmonico
Essex
received
tions of
8,406,370'
11,220.277
process-——-
the
in
150 l'ooms
of
others,
for
7,016.800
8,894,381
notes—______________
both
in
the
in
installed
the
is
of
Mar. 31,'49
Company intends to
on a basis providing
from installa¬
in the,rental income
the distributor's territory.
in
method
present
company
SECURITIES—As
capitalization of the
its
at
company
Juiy 31, 1948, authorized and issued
consisted of 200 shares of capital stock
8,776,846
U.
S.
charges
for
50,083
160,908
160,908
company.. The fair value of such considerations for the issuance of
the 200 shares was determined by the directors to have been at least
270,488
$2,500.
447,876
'
taxes—
pari
and
50,083
consolidated-—
(no
35,943,676
288,201
not
8.395,837
36,933,447
subs,
—
—
——
601,163
$85,254,675 $84,039,023
the
is
of
writer
180,000
notice.
shall
stock
(which
the
been
of
part of
150,000
shares
notice by the underwriter;
options are irrevocable unless the undex*purchase any of the
three blocks of
mentioned
above,
in
which case the
right to revoke within a period of 72 hours
the
be
to
waived
respect
blocks
or
blocks
or
will
with
block
nny
not
clearance
limits
time
have
right
option
but
all
a
above
elect
to
the
shall
company
The
fail
within
times:
receipt of
of an additional 150,000 shares within 75 days after
clearance notice; and
all but not part of the re¬
shares within 135 days after such receipt 0? such
part
such
securities
in' each
such
to
instance
block
securities
of
if
not
exercised)
so
securities
of
not purchased Pi¬
purchasable or
block
thereafter
theretofore
purchased.—V. 168, p.
purchasable
which
have
then
not
1902.
Hoxve Sound Co.—Earnings—
(Including
Ended
value
of
March
metals
Interest
Its
fining,
Operating
1,676,094
1,329,289
795,960
2,126,834
1,129,620
$1,356,443
—
2,691,261
$846,573
$582,063
4,692
5,274
11,816
$1,361,135
costs
$851,847
$593,879
_______
income
_______
income
Interest
and
Provision
Net
depreciation-...
U. S. Federal,
lor
arid
dian
98,182
98,831
25,940
493,866
296,433
189,649
$769,087
Mexican
$456,584
$378,289
461,900
461,900
461,900
$1.07
$0.99
$0.82
Cana-
income
taxes
income
Capital shares outstanding..
Earnings per share
168,
$2,507,651
$4,302,696
$5,723,798
re¬
Operating profit
Total
1947
1948
1949
smelting, converting,
freights, etc.______
Miscellaneous
Subsidiaries)
in
31-
sold_
Marketing,
_
_
^
2585.
p.
Hydrocarbon Chemicals, Inc.
and
of
Engel, New York,
common
Registrar
Commercial Trust Co.
Transfer Co., Jersey City.
New
of
Jersey.
Registrar,
AND BUSINESS—Company was organized Jan. 19, 1849, in
for the purpose of manufacturing and selling certain basic
it will produce synthetically by a special
process.
Jersey
chemicals
on
agc-nt,
&
HISTORY
New
Stock Offered—Kautz
--
April 21 offered 100,000 shares
stock (par $1) at $3 per share.
which
The
process by which the corporation will manufacture its products
developed in 1948 after several years of research by United Inter¬
Research, Inc., a research and engineering corporation.
was
national
The
shortage of cresol,
which is produced principally from
by¬
products of the coking of coal, and its increasing demand by industry
caused United to undertake research on new methods for its produc¬
tion.
As
possible
ments
in
the
process
developed
was
from
cresol
Centinucd.
low-cost
a
raw
which
now
material
resulted
research
makes jit
is
which
further
in
be
to
aliphatic
production
In
inp>ove-
higher efficiencies to be secured
produced, such as xylenols, naphthoic
process,, enabling
products
higher
The
this
produce
supply.
additional
the
result
a
to
plentiful
and
and
alcohols.
these aliphatic
alcohols provides en industrially
important, source of the fatty acids which are used in the manufacture
of
soaps,
detergents., and esters and, by combination with the fatty
:
which
money
On
increased
to
class A stock
Of
the
class
shares
April
1,
issued
were
advanced
and
1949,
return
in
the
capitalization
1.350,000
shares
(par 25c»
and 450,000 shares
B
stock
240,000
of
stock
of
shares have
for
incurred
expenses
of
which
are
been
alcohols
of
themselves,
United
the
has
capable
process
other
services
on
rendered
behalf
of
aromatic
produced by
B
issued
stock
in
market
(par
lc).
producing,
also
was
in
a
for
'
operation of
the
quantities, cresol and
of aliphatic alcohols.
Cresol
to one of the chemical com¬
limited
range
submitted
prices.
In
addition, a number
substantial quantities of
of
larger
chemical
and
cresol
companies
alcohols
the
for
which require
their manufac¬
turing processes, have learned of this newly-developed source, made
inquiries regarding contemplated production of these items.
Ir. view
of the
and
inquiries and interest expressed by these large -users
of other
potential users, it was decided to
numerous
the
number
vast
organize
a
corporation
Consequently
products
utilize
to
commitments
no
the
pending
the
on
process
made
were
crganization
of
for
the
commercial
a
the
sale
of
any
basis.
of
tho
corporation.
ORGANIZATION—Company,
which presently has its office at 30
Church
St., New York, was organized to acquire and operate the
process developed by United for
the manufacture of cresol, xylenols,
naphthols and the higher aliphatic alcohols.
stock
in
(par $1)
and
to
authorized
an
each.
the
capital
Corporation
together
process,
of
acquired
the
with
1,000,000 shares of common,
all right, title and interest
experimental unit and the
engineering data relating to is use, from United and three individuals,
who jointly owned the process.
An aggregate of 125,000 shares of
common stock and rights to purchase on or before March 31,
1954, an
aggregate of 100,000 shares of common stock of the corporation at $3
per share were issued to United and three individuals for the process.
Each
of
said
taken
said
tion.
United
stockholders
securities
and
for
has
the
advised
investment
individuals
the
and
have
not
corporation
with
advised
a
the
view
that
to
he
has
distribu¬
corporation
that
they may at a future date transfer a portion of their individual
holdings to persons who may render special services to the corpora¬
tion.
The
125,000 shares of common stock and rights to purchase
100,000 shares of ccmmon stock at $3 per share on or before March 31,
1954,
also
are
the only
entered
into
securities
of
contract
a
the
with
corporation
the
outstanding.
providing
corporation
United
for
the
furnishing to the corporation of technical services.
BUSINESS—Corporation is not presently manufacturing or sellingof its products.
It plans to lease a building with sufficient manu¬
facturing space in or near Newark. N. J., in which to set up the first
unit
of
its
process
as
the initial step in a large-scale commercial
operation.
This floor area is expected to be adenuate to accommodate
not only the initial unit as contemplated under this present financing,
but also possible expansion of production facilities to several times the
capacity of the first unit.
Although no plant buildings have been,
selected, the corporation believes that it can secure suitable buildings
in the Newark, N. J., area on satisfactory terms.
any
the
place of and
.of
alcohols, and
this process
unit
experimental
an
panies, which is a large user of cresol, and this company determined
that
the cresol met its specifications, and offered, at that time,
to
purchase the entire output oi an initial commercial unit at the current
The
initial
producing
means
the company was
900,000 shares are
class
wide range of waxes and plasticizers.
a
constructed
Company has
is presently being completed.
and
hospitals
future,
;;'
I
Total
been
Cleveland,
Oct,
on
being wired and
hotels,
$11,449,056 $11,290,286
assets
Deferred
and
rooms
rooms
supplied,
distributors
2,633.420
y' ;■
(net)
foreign
refund
105
40
BUSINESS—Company
SHEET
assets
Investment
Postwar
BALANCE
'
supplies, and work in
40
being supplied.
In the Hotel Sherman
150 rooms are being wired and 104 Hotelesets
are. being
supplied.
In
addition,
negotiations for
installations of
the System arc pending with approximately 20 othey hotels, hospitals
and other,," institutions:'In New York and', elsewhere.
26,776,344
$0.90
products
fixed
in
Series
proximately
$32,562,946 $28,720,468.
-
Treasury-savings
Accounts
with
Cleveland,
completed
■are
'
109,360
31,360,771
___
'
:
has
System
the
or
ASSETS—
wired
System is presently being
Delmonico arid the Hotel Su.lcn,
921,697
"Adjusted for purposes of comparison.
Cash
which
in
supplied.
Yorker was completed in July, 1948,
100 Hotelesets supplied to the hotel.
New
Hotel
were
rooms
The
445,065
$2,975,181
stock.:..——
CONSOLIDATED
Hotelcvision's System
installation of
Roosevelt
Hotelescts
being
2,644,789
operating
Hotel
40
1,963,941
$1,202,175
-^2
of period-
common
selection
the end
set for
1,514.449
109,360
share.-.
common
the
and
System in the
tribution
of
the
readying
thus
box
9,599,115
1,190,155
surplus at beginning of period---..
Earned
No.
with
cable
v.
wall
18,758,883
$2,501,690
stock
'Net' income pf ter dividends-_j_—yy
Earned
the
the original
1947,
in
100 Hotelesets
011
in
1,521,888
—
Dividends
controls the
a
plug 011
which
switch
has
Hoteleset
inserted
of
rooms
House, Hotel
all in New York City, the Granada
Hotel in Brooklyn, and the Hotel Sherman in Chicago.
In the Essex
House, 156 rooms are being wired and approximately 100 Hotelesets
432,765
___
Dividends
relay
of
1,638,974
:_
income
electrical
or
number
any
9,422,783
____
taxes
Net
Only one such monitor unit is
receiving units or sets known as
system.
portable
be
15,969,867
!
_____
Federal
may,
Installed in
largest hotel now
floors
185
the
was
S31,487.967 $35,256,634
Materials
transmitted to and received in any
building, and whereby one or more
and
same
rooms
more
may
be
Nov.
New
"1948
Dr25,575
was
the
in
cr
completed
Recently
122,445
Fitzgerald
Offered—Cantor,
Approximately an addi¬
tional 60 rooms- are now being wired on four additional floors -and
40 additional Hotelesets are to be supplied to the hotel.
Installation
revenues-*—$31,365,522 $35,282,209
(net)____
The
1949.
operations.
three
on
(& Subs.)—Earnings—
1949
of
100
\
receipt
following
days after
not
clearance
accounts at
additional shares were issuable
about April 29, 1949.—See V. 169, p. 1779.
22,
building
a
channels.
of
opeiatlng
all
which
"rotanoid"
a
at
3 Months Ended March 31—
fGro.'s
been
now
in the
recorded
not
Inc.—Stock
address
which-may
.
Hercules Powder Co.
has
1947
year
The
reduced
the Federal Communications Commission
and includes,
F.M
radio tuners coupled with a distribution amplifier
and
feed
of
1779.
p.
the
15
maining
notes.
long-term
"
99^% of principal
amount, will bear interest at 3Vs%, and will mature in
169,
at
but
Gross
required
"Hotelea hotel,
including the
in existence.
From the monitor
there is fed to each room wired for the system a series of six co¬
axial cables. each of which carries (he video signals and six shielded
cables each of which
carries the audio signals.
These cables termi¬
nate in a
flush wall-mounted box in each room.
This box contains
to
to repay certain notes and open account indebtedness and
to finance
Harrisburg's construction program during
The bonds
or
rooms
public
setr,"
$1,000,000 first mortgage bonds to The Penn Mutual
Life Insurance Co., the proceeds of which will be used
1971.—V.
all
are
one
by
A.M.
arid
sell
I949.
York,
New
of
by pressing a push-button knob.
change from one television program to another, without affecting the
reception of other, programs in the other rooms.
This
innovation. now known as the "Hotelevision System"-has a
central monitor control unit which may be installed anywhere in a
building and' to which' is connected an antenna system especially
designed for the requirements of the particular location.
This moni¬
tor, control unit which screens the various programs for quality of
reception, consists of six television receivers covering the 13 channels
six
—
SEC
Inc.,
Co.,
&
1
1667.
company
value
and
within
fexchangc has directed that the common stock
the distribution of one additional share for each
ex
April
011
in
of
in
assigned
412,185
92,000
share.____„
common
99.8-79
-
412,185
1,030.464
preferred
per
163, p.
~
..
outstanding
the
is
transaction
of
as
location
person-
12,438
$1,487,176
held
number
8,087
dividends
Preferred
—V.
205,590
273,473
.-——J
dividends
Common
par
organized in New York Sept. 9, 1947.
It
was
formed to develop, exploit and distribute an innovation in tele¬
vision reception, namely, multiple screen television, whereby the video
(sight) and the audio (sound) waves are received in a central room
"
Fitzgerald
—;M'
y
COMPANY—Compuny
4,800
interest
.profit
of
offering 480,000 shares of Class A stock
(par 25<?)' at SI per share.
$1,958,491
4,803
Depreciation and depletion
Fcder.,1 taxes 011 income (estimated)__.
the
! & Co., Inc.,
1948
$1,955,173
!
debt
If
Transfer
or
1949
charges^--
after
on
reduction
company's
the
011
in
incurred
:
.
Ho television,
.<«
Quartcr Ended March 31—
Interest,
.
by the company
(M. A.) If anna Co. (& Subs.)- -Earnings—
Net
share
the
1,948,
ahead.—
months
in
debt
.
$100,000
May 2 be quoted
on
<
dividend.
to
of
The Hew York Stock
;
new
chain
$100,000 of the
the acquisition,
Iliiide & Dauch Raper Co.—Stock Distribution—
•;
California stores have been added to the company's national
since the close of 1948, Mr. Kuchai said,
and several older
Two
v.
stock
common
on
for
the balance
Company has agreed to sell the underwriter an aggregate of 480,000
shares of class A stock at 85 cents per share in the following amounts
—V.
y1'•
#
Intervening year resulted largely from the payment
approximately
use
capital and
by the underwriter, the company will continue the progratn
selling the equipment used in the Hotelevision System to others,
and depending upon the actual net proceeds received
will lease some
of its equipment directly after
providing working capital in amounts
of $50,000 to $75,000.
$25—year 1933), $1,145,137; reserve for contingencies,
retained
in
the
business,
$1,420,407;
total,
March
31, the company acquired by purchase on April 16 the lumber and
flooring facilities of the Emporium Forestry Co. at Conifer, N. Y., ifteluding supporting facilities of the Grasse River RR. which serves the
mill property and operation.
These facilities have been under lease for
the past three years in order to assure adequate lumber supply,
and
henceforth will be used to produce approximately 75%* of the birch
lumber requirements of the Gardner, Mass., factory.—V. 168, p. 2542.
.
sales,
increase
stockholders from
common
to
payment
Although
$9,350,613
outstanding—
working
operation of equipment for direct leasing by the
less than
the maximum number of shares are pur¬
earnings
long-term
ahead- of the volume:for
April, last year, Hymun P. Kuchai, President, reported to stockholders
at their annual meeting on April 27.
Although earnings for the first
quarter fell short of last year's, Mr. Kuchai said, April results are
being aided by the lateness of the Easter shopping season, so that the
profit; for the • four months eriding April''30, 1949, seems likely, .to
equal' cr; exceed- the /profit earned for the corresponding months of
3948.
payable, $651,387; accrued taxes, payrolls
profit-sharing plan and trust agreement,
taxes on income (estimated), $883,010;
Canadian
since
by 20''
$14,501,524
preferred dividend ^requirements , on preferred
('April, '1949,
$838,506;
and
working capital during the first quarter of 1949 decreased $161,the beginning of the year by reason of capital expenditures,
payments on the preferred and common stocks, and an addi¬
Net
000
1947
$16,512,007
standing.
■
(at
dividend
.
'"Earnings per
Government obligations
States
United
Long-Term Debt Decreased—Increases Facilities—
(& Subs.)—Earnings1948
will
company
for
and
company.
Quarter
the closing of the Tulare, Calif., plant and
milk purchases from the Merced. Calif., branch,
a sales operation.—V. 163, p.
1479,
1949
the
proceeds
$12,550,447.
_
tional
shares
by
1$ 100
$1,000,000;
plant was the last step in the four-point
the'sale of the firm's Smith River plant in
Grayson-Itobinsoii Stores, Inc.
y'fy
\
UNDERWRITER—Cantor,
interest),
commissions,
contributed
The sales price was not disclosed.
Quarter Ended March 31—
N.
York,
'
Title Guarantee
is Marine Midland
is
registrar
1949
MARCH 31,
(maturing in semi-annual amounts from Sept.
20,
1949
through March 20,
1957), $1,600,000;
5%
series B first
preferred stock tpar value $25 per share), $3,487,000; common stock
(par value $12.50
per
share). $1,500,000; unused balance of capital
Calif.,
Is continued
Common
net
Or-land
included
Del
1947
$168,350
$1.04
$1.22
long-term notes payable
;
Co.,
The program Just completed was oeguh immediately aiteri theywar
to bring Golden StateV manufacturing grade milk purchases more Into'
line with its anticipated sales needs.
;
1948
of $188,699),
$25,000;: Federal
i'trcbri. un .vu.6 oil tier and nomat
the Scgo Milk Products Co., Western operating
it was announced by Paul Young, President
tvn.cn
.solids,
division
accrued
reserve
LIABILITIES—Accounts
and
;
pro¬
ar-
York,
New
New
stock
the class A
Y., and the
capital
Outstanding
480,000 shs.
240,000 shs.
of
$1,003,125; notes and accounts receivable
$2,385,968; inventories (at lower of cost or
market), $4,526,127; mortgage notes receivable, $11,358; postwar refund,
Canadian
(estimated 1,
$30,062; investments ill affiliated companies,
$36,446;
cash surrender value of life
insurance,
$54,518; property,
plant' and equlplhent
(after reserve for depreciation- and abnormal
plant costs of $3,176,754), $3,429,388; goodwill and patents, $1; prepaid
insurance, taxes, etc., $182,550; total, $12,550,447.
:.
Golden State Co., Ltd,—Completes Reorganization-^—
h_a.«s
and
(after
Allen, ■formerly' Executive Vice-President, has been elected
succeeding C. O. Wanvig, who has been elected' Chairman'
the Board.—V. 169, p. 1167.
;v/;
ninMi"
Co.,
Co.,
900,000 shs.
450,000 shs.
for
agent
previously
the
PURPOSE—Company will receive from the sale of the 480,000 shares
of class A stock approximately $382,000 net after deducting expenses.
If
the minimum
number
of
150,000 shares are purchased by
the
underwriters, company will receive approximately $110,500 net after
deducting expenses. If all of the 480,000 shares are purchased by the
capitalization.
present
on
CONSOLIDATED BALANCE SHEET,
ccst
Wyeth
•>
stock
capital
par)
underwriter.
'
>
and
2225.
President;
Th(-
1114.
p.
'
Globe-Unioii. Inc.-y-New'Chairman and President— :
of
169,
$190,481
1949
$123,800
$0.67
Net
•
1949
transfer
installation
common.—V.
shares
66,547
as
chased
of. com¬
stock
mon
1,476,837
Heywood-Wakefield Co. (& Subs.)- -Earnings—
$2,904,663
$1.06
earned
stock.'
ence
Amount
Shares preferred arid
"8,706
,
income
Amount
1,476,837
1$85,254,675 $84,039,023
.
$6,569,037
$5,095,508
domestic income and
profits taxes______J.L__.___'
Nefc
16,945,850
4,402,582
31,360,771
(Dr)—
Total
(no
to the recapitalization,
follows:
effect
are
25ci___
let
(par
(par
The
underwriter,
194T
1948
1949
31~
'jperations_^____..___r_
and
excess
4,402,582
32,562,946
Subs.)—Earnings—
Depreciation
Foreign
9,619,400
16,945,850
par
—..
;V
surplus
"Treasury stock-^-at ;cost
-
Three
—
[ Earned
"
Profit
$100)
(par
Common'stock (2,711.336 shares no
y- Capital surplus —_____.-.-l
,
Gillette Safety Razor Co.
stock
shaies
200
giving
company
7
255,799
162,473
9,619,400
___________
•
'
■
reserves
preferred
cum.
said
After
the
of
Authorized
867,334
incomc____i_
insurance-;—
pensions___-__.—__________
for
contingencies
Reserve
$50,995,597 $45,387,751
i
-
—
__________
for
outstanding.
securities
6,900,084
declared.—-
and foreign taxes on
'
Total
exchange
1,085,565
containers..____.
for
___:
reserve
v.
-i—_-——i
accounts
10,000,000
bilities
Voluntary
Capital stock
i
•
payable
Accrued
Deposits
7,327,141
—
and
taxes
commissions,
Accounts
$20,433,637
5,697,833
$22,986,091
expenses
prem.ums—
(1833)
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
Number 4799
169
of
unit, which will consist of equipment, will be capable of
approximately 2,400,000 pounds of product annually by
this process.
PURPOSE—The
if
all
all
are
sold,
expenses
estimated
will
be
incurred
in
net
proceeds of the sale cf the securities,
$230,000. after the payment of
therewith.
The proceeds will be
approximately
connection
8
applied
the
to
commercial
2,400,000
leasing
unit
of
EARNINGS
and the construction of an initial
manufacturing annually approximately
the corporation's process.
plant
a
capable
of
CAPITALIZATION
EFFECT
GIVING
'
'
Outstanding
Authorized
i
MARCH
THREE. MONTHS
FIRST
AND
CHRONICLE
.
v.
-
stock
($1
i,000,000 shs.
par)
'
.
,
225,000 shs.
.
,
—
Idaho Power Co.
Period—
Sales and
Blyth. & Co., Inc., Lazard, Freres & Co. and Wegener
Daly Corp. April 26 offered to the public 200,000 shares
of common stock (par $20) at $32,375 per share.
Net
4 %
The
1,
May
notice
and
at
following
before
on
entitled
is
31,
31,
Bank
to
part
cumulative dividends from
May, August and
at any time on 30 days'
$106 per share if redeemed
dividends:
National
Boise,
Association
stock is listed
common
Transfer
America
Agents,
Nationul
Guaranty
trars,
/*'
oper.
revenues-
$992,512
Railway
oper.
expenses-
773,03 2
tax
113,514-
155,277
Railway
Idaho.
accruals
income.
oper.
407,491
i.$489,7l5
Dr4,460
Br80,545
$324,057
$409,170
6,410
3,092
$330,467
Similar listing
effective upon
Net
ry.
Crl,312
income
Other
$107,278
,$166,603
2,437.
2,690
$109,715
,
1,352
$169,293
income-
oper.
_a
/.
Trust
National
&
Trust" Co.,
York
New
American
and
Co.,
Trust
income
Total
Bank,
New York and Bank of
Savings Association, San Francisco. Regis¬
Chase
deductions
Misoell.
Fixed
San
1,444.;: :*
'v
.
/ 141,034 -' ;
Net
from the
sale of the 10,000 shares of 4%
and 200,000 shares
of common stock are estimated at approximately $7,217,000.
Such net
proceeds will be used for addiiions to the company's production, trans¬
mission
distrioutin
facilities,
bank
and
made
short-term
of
of
such
loans,
facilities
Bank
of
the
(net)
and
York
New
short-term
the
Of
conunuuig
projects
for
of
construct,, on
hydro-electric
Snake
River
southern
prior to May 31,
estimated
to
will
been
have
of
from
cost
the
the
mated
capacity
Idaho
cost
a
Salmon
Lower
at
at
expended
to
prior
company's
present
will
supplied
be
offered
now
to
funds
from
May
and
31,
from
1949,
time
to
'
'
what
state
through
the
bonds
the
in
fall
additional
form
but
1949,
of
fyture
is
and
2.
Accounts
6,
financing
a
BUSINESS—Company
'Corporate
1915.
as
&
take,
will
-2,729,044
- 59,588
(including
reserve)
existence
ioreign corporation
and
is
to do
incorporated
was
unlimited
Shares
is
J
.
'
(
«
„
1» «
T-
■
■
%|
»•
-.,
'
.j/.
^
tions
.
';'•
.
—1
the
of
part
and
Oregon
It
energy.
southern
and
and
small
to
a
electric service
at
retail
to
customers
at
wholesale
ing
and
public
operates
central
'
Federal
taxes
i
»
r
L
:
-
of
extent
in
During
the
quarter
outstanding shares.
irom
ended
for
$20.02
J
_
March
the
quarter
after
the
1949,
31,
dividend
a
approximately
was
-
in
-
*
-1
of
total
Income
operates witn de.-lers in
CAPITALIZATION
EFFECT
•Net
PRESENT
"
'
*
•
•-
mortgage
bonds
3Va.%
series
23,i %
series
3 Vc
seiies
Pfd.
stock
4%
"The
the
due
assets of
represented
1973———
$100
i
($20
amount
be
and
other
denture
by
The
Daly
underwriter
shares
of
The
several
stock
issuable
bonds
mortgage
$100,000,000
of
the
such
tor
other
indenture)
mortgage
has entered mtq
Corp.,
has
Boise,
r°ed
a
preferred
"900,000 shs.
.
limited
is
maximum
and
within
amount
as
&
Lazard
and
Co.,
—V.
&
169,
$5
the
from
which
under
company
the
before
Fed.
S.
the
underwriting
an
under
which
the
company
opposite
their
agreement
value
Business
taxes
income
1049
169,
such
underwriters
200,000
respective
shares
of
<fe
the
SEC
its
by
the
and
dissolution
1
first
Tiie
15,000
1667.
(&
Subs.)-
issue
to
The
of
equipment,
of
1,500
issue
estimated
steel
hopper
awarded
was
to
cost
cars
on
a
not
and
bid
of
for
less
375
than
flat
$7,396,875,
cars.
and
$293,728;
dividend
$3.70
provision
for
,
.
System—Hearing
on
be
considered
a
bids
The
First
received
C>.,
&
Co.
Boston
Inc.
(Inc.),
Corp.
bid
for
and
the
certificates
Lehman
net
interest
Salomon
99.5365
for
2Vis,
other
directed
S.
cf
to
the
be
the
District
U.
enforcement
the
Bros.,.&
certificates
iU;'
.:.
/
of
1949
lerred
$438,698),
to
Prov.
for
Net
the
May
1949
to
17
V
•
estimated
earnings
court
said
Fed.
inc.
is
hearing
Gross
cost
other
Esti.
and
1943
,
Hutzler, 99.22.
with a 2%%
payable
accrued
.
-
1947'.::
-; 672,418
'
504,733
$1,740,580
19,096
24,838
•t
.
held
from
.
-
in
value
for
$1,765,418
623,356
631,211
962,880
$1,134,207
159,382
$1,209,929
201,797
$974,825
$1,003,132
-
-
J
stock
159.382.
Balance
:
P.
1227.
amortiza¬
et.".,
expenses,
contingencies,
$150,000;
stated
value,
total,
8%
value
$446,609;
pre-
stock—
common
shares
treasury)
(including
capital surpius,
$3,764,082.—V.
167,
1045.
p.
$1,204,337
Subs.)—Earnings—
'
1949
.;
1948
1947'
$116,892,730 $97,531,525 $78,263,438
21,219,533
12,599,670
13,356,966
operations
and depletion
4,536,816
3,666,897
2,816,902
429,822
441,069
236,932
6,384,000
3,341,000
3,966,000
$9,868,895
$5,150,704.
$6,337,132
2,476,502
$2.41
—
for Federal
income
taxes
2,476,502
2,476,502
$3.84
$1.93
share
per
amount
on '
April
indebtedness
not
exceeding
cf
26- approved
the
corporation
aggregate, of
an
proposals
from
$127,000,000
at
$150,000,000
^
increase, the
to
to
an
time
one
any
outstanding;
to increase the authorized common stock from 2,500,000
to 3,500,000 shares; and to eliminate all references to the 5%
cum.ulative preferred stock,-series B (which has been converted into common
stock
redeemed
or
Supply
Corp.
and
(which
is
eliminate
to
canceled)
all
and'
in
longer
no
a
reference
existence).
to' jthe Contribtitory
$10,0()0 limitation.-
amendments
They
Pension
to
Frick-Reid
also
Plan
approved
which; was
/
'
••• %•:
"
.•
Declares 5% Stock Dividend—
The
usual
:
directors
quarterly
April
on
cash
declared
26
dividend
of
65
5%
a
cents
stock dividend
share on the
per
and
the
common
stock, both payable July 1 to holders of record May 6. Regular quar¬
terly cash distributions of 65 cents each were made on Jan. 5 and
April 5, last, which compares with 50 cents per share paid in preceding
quarters.
/ .'
the
be
/
declaration
contingent
of
to
'
^Vi 169,
depre¬
for
(less
wages, taxes, etc., $91,082;
on'income,- $2uy,700; notes
taxes
share), $435,900;
without par
per
210,000
revenues
stockholders
revised
$2,172,809
$1,987,075
$1,363,719
—
pfd.
$360,802;
officers
from
reserve
lnerchandies,
for
surplus, $1,554,357;
for depres.
charges
certain
$2,143,199
29,609
».'> 742,514
———
on
(after
improvements
accrued
city
reserves
par
issued
operating
authorized
/
V
596,550
740,938
292,866
taxes
income
Dividends
accounts
debts),
due
Authorized Debt and Common Stock Increased--
The
Harri-
leasehold
income
The
$8,282,355
4,004,070
1,195,032
—
income
Net
99.2635;.
($100
and
prov.
Net
Control—See
charges, special charges and
deductions
customers'
$6,889
plant of equipment
payable, $2,180;
$3,600;
earned
Interest
(
Interest
1948
(maturing $25,000 semi-annually on Feb. 20 and 'Aug.
and $357,478 on Feb. 20, 1952, $507,478; reserves for
1951,
shares
•Income
the
725,339
963,888
645,347
taxes
—
(net)
30,
bad
and
(including
Quarter Ended March 31—
Sales
for
$1,967,979
income
NOV.
$759,097;
discount
Jones & Laughlin .Steel Corp. (&
Any
$9,985,530
5,147,956
818,601
depreciation-.,
Other income
con¬
SHEET,
hand,
cn
cash
receivable
$673,561;
Provisions
at
$11,565,106
6,099,733
Fed.
I
<"♦
Federal,-State and
stock
$69,449;
liquidation
Court for
order.
said
submitted
741,247--•
than
$2.03
merchandise, after deduction of
* Alter
charging
operating
properties,
selling
and
shipping,
$32,785), $95,110; total, $3,764,082.
payable to banks
;/
were:
Brothers-((jointly),
99.221;
coupon.-
as
Dis¬
I r
Maintenance
Taxes
34,872
107,564
-
etc.
BALANCE
LIABILITIES—Accounts
17 upon the second (sub¬
dissolution of the company filed
Service Co.—Earnings— .'
12 Months Ended March 31—
for
$2.07
shs,
Nuniber of common shares
Provision
34,872
186,438
$1.55
$463,069
•
,f
$8,671;
company),
1,432,407
Commission
for
Operating revenues
.
/
Competing
Ripley
Harris, Hall
of
$5,303,148
applied
Operation
-
99.4715,
50,000
$413,069
discounts,
for
reserve
accounts
$2.67
.
standard-gauge
new
2.36%.
man
(less
2,506,712
'
1780.
Iowa Public
Inc.; Horoblower &■ Weeks; Otis & Co.; L. F. Rothschild
& Co.; William Blair & Co.; First of Michigan Corp.;
Freeman & Co.; The Illinois Co.; Wm. E. Pollock & Co.
Inc.; and McMaster Hutchinson & Co.
provide
50,000
$420,086
350,391
*300,168
34,872
'
$6,695,881
$7,818,310
,
1, 1949, to May 1, 1959, inclusive. The certificates,
Philadelphia plan, were re-offered, sub¬
ject to ICC authorization, at prices to yield from 1.35%
to 2.525%, according to maturity. Associated in the of¬
fering are R. W. Pressprich & Co.; A. G. Becker & Co.
sisting
stock
Alleghary Corp. above ancl Investors Syndicate in V. 169,
p. 1562.
—
'
7
'
issued under the
to
$470,086 /
and
employees), $10,116; inventories, $1,441,411; prepaid, insurance,
stationery, factory supplies, etc., $58,327; cash surrender value of life
insurance, $56,986; employees' notes receivab.e, secured by common
1947
Nov.
issued
$320,458
'185,829
allowances,
tion of
Investors Diversified Service, Inc.—New
headed by Halsey, Stuart & Co. Inc. won the
April 26 of $5,520,000 2J/4% equipment trust cer¬
tificates, series DD, maturing $276,000 semi-annually
award
be
$813,460
other manufactured
and
prior years.
Earned
—A group
will
9,468
$770,254
Brickley.
the
1942,
IHES
* $803,991
Brll,068
ASSETS—Cash in banks and
hearing for May
Massachusetts
25,940
'.
$781,322
on" inc.
taxes
CONSOLIDATED
question of the payment of an additional $100 on the remaining $700
principal amount of each $1,000 debenture of IHES now outstanding.
See
also
summary
of trustees second (substitute)
plan in V, 169,
p.
railroad
c
total,
approval
92,500
Curp
21,
of
of
6,653,578
Drl5,231
dividends
ciation
and
1946
$7,483,510
$527,558
*207,100
dividends—
3,448,000
approved by the Commission will
and enforcement.
plan
92,500
certificates
stock
and
shares of
"1948
$2.97
Bartholomew?: A.
trustee,
District
the
a
Subs.)—
„
other cur¬
$61,247,118;
"
2,632,007
liquidation
the
lor
order of July
By
have
common
scheduled
has
(&
1947
contingencies—
stock
authorized
plan
Co,
$320,458
shoes
25,443
The
Shoe
expenses, .maintenance
of physical
general and administrative expenses, less discount on purchases. lAfter
deducting $2,599 in 1948 and $4,122 in 1947 for excess provision for
r
'
.
solution—
names
Co.
prop.
Earned per sh. on piesent torn,
1114.
p.
Dr27,943
$32,321,364 S28.252.954
1
$8,751,148
outstanding
5^883,706
$10,118,693 $10,716,448
9;517,749
9,891,828
-58,155
:/ 43,29b
"
State
&
for
Preferred
total,
$387,599;
Corp.
5,070,000
—
shares
>
Drl9,366 '
a/a!_L——$542,789
4,342,400
taxes—
7,857,184
,
1948
physical
-on
$12,888,310 $11,038,281
—
and Can.
5,963,684
—
30—
Surplus
Common
«
—V.
Illinois Central RR.—Equip. Trust Certificates Offered
The
V
•Off
3,106,069
each),
Machines
•
10,000
with
a-a
aa
income
receivable
Net profit
stitute)
into
L—
:
(net).
for Fed.
Provision
realized
on
$776,339;
(represented by
par
7,500,000
5,987,253
goods'SO)d—_L—_-__—
income
Net
MARCH 31
April 29,. 1949,
assets
International Hydro-Electric
Inc
Daly
p.
Prov.
investment
on
income or
on
receivables,
current
payable
net
250,000
' 7,500,000
value)l—;
par
Nov.
hospitalization,
underwriter,
as
purchase
(below)
from
amounts
Freres
Wegener
OF
Earnings per common share
N. of shs.
Blyth
$220,158;
stock
Common
property, earnings,
second supplemental in¬
by
underwiiting agreement with Weg¬
an.
Idaho,
to
has entered
purc.ia.-.e
the
$629,477
744,619
•
Quarter Ended March 31—
U.
stock.
underwriters
to
in
liabilities,
Profit
900,000 shs.
(no
Depreciation, etc.,
20,
company
agreed,
gains and losses
'
International
200,000 shs.
_.
supplemental
provisions
company
770,182
Earnings-^.
thereto.
&
$56,951,909;
outstanding of
$62,243,615.—V. 169, p. 1114.
$18,000,000
par)
250,000
stock
of
Other
$4,904,107; investment securities at market quotations
LIABILITIES—Dividend
capital
UNDERWRITING
ener
$762,582
•
ASSETS—Cash,
self-
90,164
provision for 1949 Federal taxes
(cost,
$55,315,618),
$62,243,615.
5,000,000
par)
lirst
of
of
lixed
$719,641
91,980
unrealized
SHEET AS
1,631,404
750,000
valuation
other
and
—
returns
_
maximum
may
$854,562
unrealized
BALANCE
2,648,492
2,138,923
750,000
($100 par)aa-_-————_
Operating profit
-gains..
sells
10,000,000
accident
•Net sales
1947
1948.
776,339
and
70,312
3,278,478
—_-
Johnson* Stephens: & Shinkle
V.
with approximately
$984,705
(cash)
realized
of
$3,583,299
::-.-"490,482
:
accrued-—
taxes
losses
miscellaneous
1977____
other
automobile
lor
Years Ended
gains is believed necessary since the company has elected
to be a "regulated investment company" and distributes each year sub¬
stantially all of its taxable income, including any net realized taxable
145,000 shs.
stock
interest
$4,088,410
„
—■
and
Annual Report—
value decreased
per share
Outstanding.
1978
cumul.
and
..J.:-.:
payable
net
$°00,990
declared
NOTE—No
rent
preferred
Common
divs.
328,252,954
common
•
due
due
1
$32,321,364
•Represented by 560,552 shares in 1949 and 560,000 shares in 1946
tRepresenled by 175 preferred and 98 common shares In 1949 and 754
shares in 1948.-f-V. 169, p. 1668.
»'
,
QUARTER ENDED MARCH 31
securities.
FINANCING
Authorized
1st
480,996
6,009,800
I"
—1
Total
ICost
income
•Exclusive
appliances.
TO
281,600
169,
'*
83,7l4
Dividends
to
the sale of electric
—
Total income
residential,
GIVING
cash
from
payable
•Common
income
Net
25c.
compared
29c,
Expenses
farm, commercial and industrial
municipal and other customers, includ¬
Incidental to its business,
it also sells and co¬
utilities.
etc
—-i—:
33A%- preferred stock
to
May
II
machinery,
a
insured
represented by 3,106,069
1949
eastern
Nevada.
northern
1,230,147
393,387
8,103,790
etc.-
a—-i-a——a—
Reserve
•
STATEMENT OF INCOME
qualified
the
2,273,385
281,600
1,322,102
taxes-
supplies,
expense
•
.''i
r
On a per share basis the- net asset
$19.72
to
25c a year ago.
irrigated sec¬
the
and in
Idaho,
buildings,
profits
10,837,545
to customers_i_:.——1_ v
insurance,
201,880 / Earned surplus -—.—-a$0.53.
fStock in treasury
income.—V.
on
('
.
by 3,078,737 outstanding shares, to $61,247,118,
the States of Idaho, Oregon
primarily
parts
advanced
excess
wages, salaries, bonuses, etc._
Reserves for
obsolescence, and invent,
$107,639
*
$0.85
.
for
made
" y
201,880
_:
—
provision
i-
-
-V -
«•
or
power
of
of
Accrued
$113,206 •
•
5,566
-
$173,463
share
per
■
Incorporated Investors decreased slightly from $61,645,125,
is an operating electric public utility engaged principally
hydro-electric generation, transmission, distribution and sale of
electric
2,793,994
10,892,666
LIABILITIES—
Incorporated Investors—Quarterly Report—
Nevada.
the
refund
Dividends
82,325
93,850
-
378.
p.
>!
£ 'i/;s
outstanding
NOTE—No
Company
in
for
3,227,211
3,754,161
:
Federal, State
operations—a—.$182,655:
—:•
---2-. 9,192-
-i'.'•
Earnings
wiil
Maine
It-
time.
to
as
business in
in
$3,912,269
;
_a
receivable
Accounts
.
_—_..a_.,— -'.
issue
this
as
securities
Jan.3/48
$4,779,663
—a
—
Premiums
$2,984,164
-67,554
income—
Net
depend upon market and other conditions ^'hich may exist at the time.
COMPANY
$4.72
BALANCE SHEETJan. 1/49
—
Total
2,926,415
a}.——'
a,
general expenses
from
K'-.-,
esti¬
and
time
unable
otherwise
1,104,333
$5.58
Inventories
.1948
Income charges' (net)
short term interim
linancing
future
1,437,780
ASSETS—
Cash
$154,811
1949
-
^
—_1_ '
compensation
Net: profit
at
securities, or combinations thereof.
Company now
issuance of approximately $11,000,000 of additional
the
mortgage
from
treasury,
company s
additional
li'oin
equity
contemplates
first
the
in
and
or
1,536,097
$6.66
COMPARATIVE
T:V
1,677,166
1,968,516
-
199,354
1,763,833
dividends
.
,
therefor
loans,
1,883,603
87,971
Balance surplus
Earnings per common share—
70.98
.
^2— ' $3,270,476
ca/L
-
t
Falls
estimated
now
31—
1
May 31, 1949).
The balance of the
construction
program,
not
obtained
o.
the sale of the securities
uppioximately $14,620,000, subseqpnent
debt
of
2,839,784
178,123
Common
138,273
,
$181,176-
$51,672
,:
sold
contingent
l
which about $8,900,000
(of
$60,416
March
Ended
Cost of goods
1949);
approximately $14,830,000
1949-1950,
available
bank
3,381,040
281,006
preferred dividends,.-—
Unexpired
Selling expenses
the
picceuL
at
during
4,013,355
earnings
preferred dividends—
Claims
«
Sales
Security
First
and
and miscellaneous substation, trans¬
mission and distribution system additions, extensions and betterments,
cost
1,760,779
Net
1334.
p.
Months
six
proceeds will be used
installation of 57,800 kilowatts
the
generating
in
.77.50
100,000
—
3,328,366
on
Illinois Zinc Co. (& Subs.)—-Earnings-
were
Guaranty Trust
each were bor¬
and
Boise
which
:67.89
c
:
'
"*"1,977,599
2,634,507
Land,
approximately $10,750,000 (of which about $9,430,000 will have been
expended prior to May 31, 1949}, and 75,000 kilowatts of capacity at
the company s
Bliss development on the Snake River, estimated to
cost approximately $l2,570,u0G
(of which about $6,720,000 will have
been expended prior to May 31, 1949), which projects are now under
construction
and
scheduled
lor
completion in
1949-1950;
the con¬
struction
of
I3t>.000-volt transmission
lines from
the Bliss develop¬
ment west
to
Boioe, and east tc American Falls estimated to cost
approximately $3,400,000 (of which about $1,700,000 will have been
expended
169,
/
*
in-
and
287,468
——
Goodwill
bank
$1,000,000
$400,000
of
Bank,
—V.
repayment in full
interim financing
**•
216,457
377,054
2,533,601
taxes
41/2%
for
$1,500,000
sums
77.89
440,7.79
317,658
.
"
$269,588
$185,269
$121,596
$61,469
ratio
Depreciation included in
operating expenses—
Administrative
principal
the
of
the
Co.,
and
Nutional
income
Operating
Idaho, Boise.
Among
on
Trust
First
company
the
company
of
sums
respectively,
Idaho
including
the
by
construction.
$3,300,000
York;
from
under
now
Bankers
irom
New
of
rowed
are
loans
aggregating
borrowed
Co.
to the
preferred stock
proceeds
contingency
Federal
Marketable
aggregate, net
65,940,492
604,104
.467,722
1,104,607
[I .432,373
valuation-———a—au_
3%%
Francisco.
PURPOSE—The
101,519,930
261,474
income
'4,401
'4,164
'
46,253
46,894
charges.:
118.185,478
repairs—
cbgd. to operations
$412,262
Dr21,758'
761,086
600,144
337,448
State, local and all other Fed. taxes
2,194,670
$328,517
V:
14,593,687
164,227
Retirement
and
for
ventory
Estimated
334,537
$188,361
$105,966
(
rents
$1,070,075
19,193,030
347.574
bonuses—
Jewel
to
accts.
aside
Set
r
$3,091,876
$2,946,330"
* 2,233,276
726,437
Railway
Railway
>
88,924,667
22,289^373
revenues—
522,922
:
235,520
—
Maintenance
Lower—
131,204,300
X.
2
Products, mat'ls, services and rents
Depreciation __i_—____a—a—
1949-^-3 Mos.—1948
■
88,237,518
153,565,748
sales
and
security
Estates
,
1949—Month—1948
130,477,490
421,162
305,648
964,093
other
taxes__—
2,610,483
"
■
28,'46
339,713
152,990,515
Contribution
issuance, have been authorized.
ot
noc.ce
' $5,800,782
$3,925,628 ' $3,190,299
$1,114,952'
$1,646,664
——
Ended
Dec.
.
miscellaneous income
and
52 Weeks
Weeks.
Ended
Jan. 3,'48
1,'49
Paid to or for benefit of employees-
the New York
on
Stock Exchange and the San Francisco Stock Exchange.
of the additional snares of common stock now offered,
official
24,022
■
<
Wages, salaries
169, p. 1780.
Net
LISTING—The outstanding
' 845,701
$6,545,588
2,619,960
Illinois Terminal RR.—March Earnings
$105 per share if redeemed thereafter
$104 per share if redeemed thereafter.
National Bank Boise, Idaho, Registrar,
Idaho,
$lj960,653
Period End. Mar. 31—
1954;
First
of
in
or
plus
1949;
Dec.
Idaho
Agent,
Security
whole
prices
Dec.
before
or
Trausfer
First
in
-22,843
'
-
<
and
sales
Doubtful
Dividends payable quarterly February,
Redeemable
or
on
stock
preferred
1949.
1.
-V.
income
6,733
Total
Jan;
a
Social
charges
Fixed charges a___
&
386,376
-
revenues—
Interest and
'
'
-
..
Wholesale
for
fixed
dend.
108,004
'
Retail sales
$5,447,763
377,041
$6,182,055
872,270
available
Income
$1,859,382
$2,518,934
deductions
Misc.
Corp., Boise, Idaho, on April 26 offered 10,000 shares of
cumulative preferred stock at par ($100) and divi¬
4%
Nov.
$2,394,431
131,249
6,746
income.
oper.
53
Ended"
,
Other income
& Daly
Stocks Offered~Wegener
—
ry.
Ileport—-
52 Weeks
.
Net
Monday, May 2-1949
-
°
.
Common
—V, 169, p. 1780.
V
.
Jewel • Tea Co., Inc.—Annual
,
1949—Month—1948;'
1949—3 Mos;—1948
Railway oper. revenues- $21,973,163 $21,638,702 $63,422,460 $64,200,869
Railway oper. expenses16,657,183 .16,894,634
49,183,081 ; 50,408,401
Railway tax accruals—
2,688,041
2,510,377 : 7,366;795 7,413,25$;
Equip. and joint facility
;
T ■■
/V
rents (net Dr)
233,508 :
374,309
690,529
931,455'
'
OFFERING
PRESENT
TO
FOR
Period End. Mar. 31—
of products made by
pounds
&-FINANCIAL
COMMERCIAL
THE
(1884)
upon
filed
in
that
incorporation of
in
the
securing
Commonwealth
authorized
-
'1
/
•
'
■
distribution
and
of
office
the
for
the
the corporation
number
of
approval
Pennsylvania
of
the
purpose
to
shares
5%
the
of
of
the
of
amending
provide for
of
stock
common
dividend
Department
articles
the
of
the
articles
necessary
stock.—V.
are
State
amendment
of
169,
of
increase
p.
1008.
Volume
Kaiser-Frazer
The
net
May
on
17
will
to
Cash
opposed
proposal.—V.
this
to
169,
Light Co.—Offering Delayed—
and
Fairfield,
Maine
2,564,494
!_
2,129,981
Advance
(Including
Gross
Other
from
income
income
Owned Subsidiary
Wholly
39,500
—:
Depreciation
Federal
for
Provision
income
153,458
Other
$231,407
$529,354
________—_______
734.000
740,000
$0.32
Due
330,759
—
$0.72
Canadian
and
taxes
Number
ol'
Earned
per
—V.
________________—
shares—
common
share
—__________
—
amortization
to
First
—
Federal
bond
preferred
Earned
sales
Other
'—
:
Income;
bonds,
stock
stock
(no
(no
stock
$1,948,161
of
Cost
products .'old_„__._
Other
1948
p.
1,520,939
expenses—
273
Federal
taxes
par)
Net
profit
4,285
998,399
period.
$1,123,325
cash
dividend
1966—
2,740,000
2,800,000
owns
ber
f
566,6C6
1947
U.
S.
will
by
New
six-story
a
this
by
adjoin
H.
F.
York,
When
2,426,590
the
.
Co., which at the time had outstanding 1,991,130 shares of common
of a
par value of
$5 per share.
The Long-Bell Lumber Corp.
practically no other
The
SEC
of $59,627 in
$6,550,385
tax
held.—V.
notes
Chicago
and
be
ready
on
April
for
25.—V.
merger
Inc.,
an¬
Long
engineering
and
construction
floor
in
Island
building is expected
Excavation work began
December.
Net
profit per shaie__^
Net
profit
net
included
not
profit
per share
subsidiaries
including
Net
profit
Net
profit per share including
NOTE—Provision
and
equipment
for
$635,767
$0.40
$0.05
40,462
25,171
above__
$0.13
$0.53
$0.13
subsidiaries——
SHEET
Mar. 31,'49
$1,078,205
bonds—at cost and accrued int.
and recounts receivable, less allow¬
75,437
and
U.
Treasury
notes
of
ance
on
$15,000—
Inventories—a'o
which
Forbes
in
Deferred
-V.
440,980
Net
101,959
119,438
$9,532,291
$181,943
$331,493
45,849
(308,952
<
380,332
432,749
shares)
7,723,800
Quarters Ended March 31—
1,046,087
At
the
$9,532,291
& West Virginia Power Co., Inc.—Bids for
of
ican
&
The
for
the
6Vo
of
proceeds
bank
purposes.—V. 169,
to issue to its parent, American
shares of common stock in exchange
cumulative preferred stock
($100 par)
and
common
stock
of
the
bond
the
notes,
exchange
in
financing
balance
for
$8,499,000
of
to
will
Kentucky
be
used
for
prepay
construction
revenues,
Operating
expenses
Operating
etc..
——
—
—
income
June 30,'48
$8,112,607 $12,538,058
7,060,401
10,975,359
$1,052,206
50,591
1
T.
Year Ended
Total——,—
deductions
income
—V.
—_
—
taxes
income
with
to
the
result
a
—_——-
declared
common
per
—
,
$1,366,464
32,458
71,644
Electric
White
Mr.
McCrory
Sales
the
that
strippings.
that
consolidated
earnings
1948
in
were
feared
he
winter,
their
buy
feels
to mine
If
spring.
next
these
for
pay
sources:
reserves;
$6,000,000
of
prices
coal
shortage
made
was
winter
next
of
winter,
home
unless
if
winter
coal
in
of
will
coal
the winter months
during
be
the
the
demand unless
spring
small
and
tempted
to lay in
there will be
normal weather. *
have
large
a
of
directors
Cost
of
a
much
real
smaller amount
of coal
shortage
3,966,413
profit
—•:
—
Selling
general and administrative expenses—
Research, development and patent expenses—
$3,175,360
$2,510,431
865,096
159,109
932,829
-
173,635
adjustments
Profit before
Other
other
— —
67,918
19,813
inc., other deductions, etc.
$2,083,238
income
94,089
—
85,17g
.
Interest,
etc.,
deductions
Depreciation
and
Provision
Federal income
for
p.
91,272
249,086
174,748
689,223
^
taxes
Qtrs. End. Mar. 31—
after
income
Net
profit
Dividends
paid or declared:
On
prior preferred stock——
On
preferred
stock—
$759,394
-
.
14,682
.
7.
14.-682
179,456
132,930
would
Electric Co.
:
(Ky.)—Weekly Output-^
compared
as
with 33,788,000 kwh.
an increase of 10.8%.—V.
year,
1949.
the
for
cor¬
169, p. 1781.
Corp. — Easter Sales Bring Four
Slightly Abov.e 1948 Corresponding Period
corporation
169,
declined to make any estimate of profits for the
the belief that the company could "look forward
if sales volume does not decline too greatly."—•
expressed
profit
1563.
p.
tract—
See Kimberly-Clark
Corp. above.—V.
169, p. 1453.
McGraw-Hill Publishing Co.,
price
corporation
Apfjl 23 announced
of retirement, of '93,820 shares of
of
$35
outside the
The
at
an
all
Inc.—Buys Its Stock—
on'
The
purpose
management
has
company
it.
$30
of
stock
outside
and
of
bulk
The
This
acquired
price
average
of
share.
per
three
acquisition,
its
of
for
stock
common
the McGraw
total
a
the
purchased
was
from
the
at
a
persons
family.
131,020
shares
its
of
stock
share, and the intention is to retire
purchases has been made in the last
per
these
when
years
from
23Vz
it
the price of the stock in
48'/a.—V. 168, p. 2326.
to
April
on
the board at
of
activities
of
that
27
the end
1949, but will continue as
responsibilities at Macy's
number
the
market
has
ranged
Macy & Co., Inc.—Chairman to Retire-
announced
was
Chairman
in
with
Beardsley
Ruml
will
retire
as
of the present fiscal year, July 30,
Mr. Ruml wished to reduce his
director.
a
to
permit
is
order
which
presently
he
the
continuing
of
associated.—V.
a
169,
1781.
p.
Magnavox Co.—Sales and Earnings—
Sales
closed
of
the
company
28,
1949,
Feb.
profits
the
in
the last quarter of the fiscal
$7,043,000,
were
and
after
Federal
which
y^ar
bringing the year's total
income
January were $357,000,
$2,222,779
outstg.
share—__
shares
per
months ended Jan.
Maine
taxes
making
to
a
in
the
two
$24,-
months
of
total of $1,638,000 for
585,158
435,132
$1.90
$2.55
$2.38
$0.71
Taxes
__
Equip,
rents
quoted
May 5 be
held
share
May 4,
of
as
Net
1949.
ex
See V.
$7,053,698
1,950,848
4,898,093
5,573,189
257,164
1,071,426
600,353
97,192
128,232
207,028
28,807
32,074
76,175
102,989
$386,914
$260,204
$899,639
$570,139
\Dr
rents
(Dr)
oper.
income.
income
Gross
1780.
p.
$7,073,565
1,704,642
___
10,235
10,160
32,651
33,657
$397,149
$270,364
$932,290
$603,796
_____
The additional shares will be issuable
1949.
169,
Other
ry.
1949—3 Mos.—1948
$2,597,482
May 5—
directed that the capital stock on
the distribution of one additional share for each
April 22,
Earnings Higher-
1949—Month—1948
_
_
1563.
42,490
expenses
1,170,377
p.
435,060
Operating
$307,783
169,
$2,597,913
revenues
$1,391,216
1949.—V.
Central RR .—March
Operating
$2,988,848
1,170,355
on
31,
Period End. Mar. 31—
1948
1949
taxes
11
1946
1947
income
Rentals,
int.,
107,969
103,251
324,287
310,953
$289,180
$167,113
$608,003
$292,843
etc.______
Loew's Inc.—Earnings—
28 Weeks Ended—•
profit
Operating
subsidiaries
Mar.
17, '49
Net
Mar. 11, '48
inel, wholly and partly owned
subsidiary's pfd. dividends- $10,935,845 $10,433,649
—V.
income
169,
Reserve
for
contingencies
1,050,000
depreciation
2,562,035
Mathieson Chemical
1,050,000
for
2,276,215
Several changes have
increase
Net
Net
Less
profit before Federal taxes
Federal
$7,323,810
taxes
2,783,302
profit after Federal taxes
minority interests'
Per
profit
share,
For
the
revenues
the
same
1781.
p.
after
$7,107,434
<
$4,540,508
2,742,694
shave
$4,364,740
423,391
477,995
$4,117,117
$3,886,745
$0.80
$0.75
443,920
$1,150,385
:
reduced
last
Coppedge
fair
Joint facil.
Net
Net
merger.
be
(F. H.) McGraw & Co., N. Y.—New Construction Con¬
1008.
$1,469,334
88,633
amortization
this
but
a
V.
Lion Oil Co. (& Subs.) —Earnings-
Reserve for
$2,177,327
the
by
would
althought ,lt
Distributions
169,
dividend
$1,384,155
Total
made
cost
Stores
of
December
the
earnings later on in the year are known.
500 each were made on June 9 and Dec. 7, 1948.—V.
voted to
Reserve
Inventory
be
ownership,
"slightly
Estimated
until
$6,476,844
4,851,339
could
production
408,000.
of
Earnings
$8,026,699
savings
Edison's
the combined
of
any
on
sold.——_____;—
goods
Gross
returns & allowances
new
lateness of Easter
Mr.
this
defer declaration of
April 28
on
Ex-Stock Distribution
less discounts,
the
to
The New York Stock Exchange has
Gross sales,
the
Island with
this year.
'-r
•:!.
corporation, he added, is in. a position to pass along to its
"any price reductions received from
its
suppliers
as
its
physical inventories are in excellent condition and substantially lower
than last year."
Mr.
burned
coal
a
number
months.
summer
amount
happens,
this
we
enough
Dividend Action Deferred—
The
$1.24
1947
of
Long
customers
11.
April
011
Anthracite producers physically cannot store
View
in
that
winter householders
this
in
coal
a
for the
to care
coal
customers
White
to
money
part of their coal supplies during the spring and summer
will be
impossible for
the
anthracite industry,
if we
a
It
178,836
1948
of
Easter
(R. H.)
reduction
spring
normal
a
The
principally from three
earnings; (2) $1,300,000 from
supply all consumers.
Common
Keyes Fibre Co., Waterville, Me.—Annual Report—
of
lor Easter this year were "comparable"
year and it appears that volume for the first four
exceeded" sales in the first four months of 1948,
R. F. Coppedge, Chairman of the board, reported on
April 27.
Mr, Coppedge
said that it is impossible to compare earnings for
the first quarter this year with the corresponding 1948
period because
approximately 16%
coal produced by
the com¬
of this year was 40%,
or
came
said
buy
owners
168, p. 2686.
Calendar Years—
the merger
<
con¬
$2,700,000
131,018
—
by
&
Gas
'
,
15-year
output of this company for the week ended April 23,
Months' Total
loans.
usual
$0.90
,,
share-
that
totaled 37,444,000 kwh.,
been
(3)
29,053
$977,910
-
declared
profit in 1948
The heating
winter.
warm
has
best in 20 years.
Of this amount, $1,929,000 vfas
dividends,
leaving
approximately
$1,600,000
earnings
business.
During the year, $6,000,000 was spent for
retained
new
276,405
.
consolidated
a
very
date
to
the
from
109,223
$1,671,923
stated
from
$1,562,699
—-vy»{
—
dividends
dividends
$1,102,797
124,887
Queensborough
j,
$1,600,000
—:—__
Earnings
normal
against
as
1948,
(1)
enough
Inc.—Earnings—
income
Common
1,
was
spent for
improvements
have
Dec. 31,'48
Operating
Net
Sept.
$1,900,000
months.
6 Mos. End.
Preferred
was
1949
capital improvements, of which $2,900,000 was at the mines.
The
1780.
p.
Kerr-McGee Oil Industries,
State
of
due
in
in
with
merge
Lighting Co.
in
responding week last
1948 for which record earnings were
a
consolidated loss of about $148,000
as
was
the
out
retained
to
Income
there
said
White
$3,495,000,
gold bonds, 5% series due 1956,;
of
$5,500,000
Other
profitable
This
than
"
York,
organization.
"•V:
year,
stockholders'
quarter
from
Mr
paid
new
*'$528,000
subsidiaries in the first quarter
tons, less than in 1948.
The earnings of the railroads, retail
Split Rock Lodge and other properties owned by
the
company were not sufficient to overcome the coal company's loss.
?!
■■
SEC
1948
$14£j,000
yards.
coal
Such
1979.
authorized
32,080
of
shares
new
first mortgage
"With
due
3.
received
also was
Co.,
shares
8,020
series
authorization to offer for sale at'
bidding its $10,000,000 of first mortgage bonds, due 1979.
Electric
339,960
May
has
company
&
bonds,
to
presented
(EDTi
company
competitive
Gas
be
to
Noon
The
He
first
the
formed
by
Louisville.Gas
441,000
written proposals for the purchase
mortgage
the company at the office of Amer¬
Electric Service Corp., 30 Church St., New York 8, N. Y.,
are
before
first
$10,000,000
proposals
Gas
1949
(approx.)
profit.
pany's
is inviting sealed,
company
it
loss
net
as
$528,000.
warmer
Bonds—
The
not
reported.
for
season
from
$510,097
meeting held 011 April 26, Robert V.
White, President, stated that in spite of the very poor results in the
first three months of 1949 he expected the year to be a good one,
of
Kentucky
net
annual
although
merge
New
This
"Consolidated
2009.
p.
$306,030
Lehigli Coal & Navigation Co.—Loss for First Quarter
998,399
),407,122
1948
1949
operating profit-
Consolidated
7,723,800
______
par
—
168,
v
Quarters Ended March 31—
estimated)__
no
Ltd.—E?rnings—
—V. 168, p. 46.
t
inccme
on
stock
209,536
5,703,067
—
Earned surplus
Total
1950
"■>
to
Lake St. John Power & Paper Co.,
193,933
of
Co.
$28,000,000
of
its
3%
of
the
common
stock
100%
be
Consolidated
increase
an
months
'
—-
taxes
Capital
$201,050
1226.
p.
999,284
436,633
______
payable
taxes
Federal
$68,167
profit
169,
Edison
output costs to Long Island Lighting of $875,000.
The
net
savings to the
combined
system in
1950 would
be
about
$1,000,000, he said.—V. 169, p, 1669.
v-;, ; ■ •;
3,175
122,875
(est.)
operating
$327,100
1,809
41,486
-
ins. tax and surtax
Fed. normal
74,960
_______
.LIABILITIES—
Accrued
$111,462
deductions
5,681,367
___
subsidiaries——
—
Accounts
2,611
income
$9,407,122
(net)
to
—
Total
-V.
906,716
944,109
mkt.
or
(less allow, of $5,000)
advances
and
charges
cost
approx.
plant and equipment
Investment
$324,488
"4,071
offer
for
would
to
Suffolk
&
to
testified
estimated
115,383
expenses-
profit
Prov. for
Net
856,300
—r—
of
lower
other assets
Invests. - and
Property,
1,812,960
109,942
$107,391
general
that
permitted to
;/!.v
was
subsidiaries.
two
Mr.
plans
Nassau
debentures
company
the
Consolidated
the newly-merged
plans
75,062
and
on
Trade
Other
Dec. 31,'48
$1,117,381
$2,252,833
1,505,771
and
income
Total
deposit-.——_—
$1,723,104
__—_________—
administrative
Gross
Other
1948
company
Lighting
Consolidated
mean
1949
products sold—
Selling,
depreciation and depletion of property, plant
to $131,295 in 1949 and $136,135 in 1948.
—
hand
Cash
S.
of
Cost
amounted
BALANCE
sales
Net
39,662
parent co.
March 31—
Ended
official
company
a
the
which
Electric Co.
He
Kingston Products Corp. (& Subs.)— -EarningsQuarter
$0.08
165,388
of
COMPARATIVE
ASSETS
$1,046,087
——
__
subsidiaries
of
Subsidiaries
.
period
at end of
if
Long-
by' $2,034,000 in
Balance surplus
2227.
contended it could save money by shutting
it now has to keep open for stand-by generating
Island
and
Consolidated Edison
say
Edison could
stand-by electrical energy
if a contract between
the
two
plants
vertible
The
space.
by
25,
approved,
systems ;were arran ged,
Long Island Lighting
firm
604,
p.
.
is
would acquire
provide
was
Hartford.
of
feet
occupancy
169,
design
of
warehouse, including basement, will contain
new
square
latest
April
this
165,
Neenah, Wis.
The large
Lakeview mill in Nenah and will
Co.,
&
168, p.
subsidiaries.
facilities.
of
assets.—V.
realized
be
two
If
■>
warehouse
could
with
ILess $96,539
1948.
told
was
—-
,
economies
Treasury
company's
1946
$2,677
Two Subsidiaries—
,*•
corporation
McGraw
completed the
260,000
to
77,238
of
1947
$1,650
Long Island Lighting' Co.—Official Urges Merger With
566,666
3,382,838
_J
—
$7,976,915
in
1948
$1,681
corporation, as of the close of March 31, 1949, was the
1.007,801 shares of the common stock of The Long-Bell Lum¬
244,700
(148,955 shares)
for depreciatioin
1949
$1,715
—
of
owner
depreciation of $2,578,064 in 1948 and $2,415,039 in
week
last
built
of
$713,005
77,238
paid
$48,217.
was
stock
244,700
'
$309,152
nearly
Deduct
15,306
loss
down
structure
$14,491
698,514
$124,925
—
at beginning of
period
NOTE—The
40,121
;
reserve
and
nounced
be
Balance surplus
84,255
Kimberly-Clark Corp.—Builds New Warehouse—
1,026
69,288
timber account for the
Long-Bell Lumber Corp.—Earnings—
shares)——')
■il
$18,777
(estimated)
income
on
$0.30
805.
p.
Qtr. End. March 31—
Net
61,201
166,124
(60,000 shares)—
par)
for
Construction
income
on
169,
3,671
22,327
1867.
162,303
$194,214
deductions
Profit before Federal taxes
The net decrease in the
37,812
shares),.
(13,293
„—
reserve
tAfter
in
$1,703,045
1,581,515
172,156
—
administrative and general
$591,862
shares outstanding.
common
752.
614,828
_____
"After
1947.
Selling,
1,991,130
$134,731
taxes
due April 1,
(2,447
par)
(no
surplus
Total
16,893
8,814
______________—___
/;
NOTE—Depletion charges for timber cut amounted to $433,969. How¬
timber purchases less sales during the period amounted to $385,-
1
109,804
$1,686,152
$1,939,346
$1.37
ever,
___
Income
•
Net
$2,728,199
$1.76
$6,550,385
.__
premium-—
;
1948
1949
$3,503,323
$0.93
on
3,671
.__
for
Class A stock
31—
$1,859,522
share—
per
"After
65,599
subsidiary—Keyes Fibre Sales Corp.—
Common
March
1,703,051
61,682
—_
22,262
mortgage 3(4%
Prior
Kelley Island Lime & Transport Co. —Earnings—
Ended
2,207,085
19,281
$239,029
accruals
Preferred
Months
1,077,639
26,679
payable
Unamortized
169, p. 499.
Three
1
interest
tProvision
Net
for
reserve
payable
Accrued
72,866
106,194
10^907
376,133
.
46,941
1
Dividends
340
i~—
249,262
969
LIABILITIES—
73,652
$933,319
—
———
328,213
345,398
>
25,144
$7,976,915
Accounts
Interest
.
—V.
$491,059
—
—
income
Gross
income
443,384
810
v f
19,457
expense
Total
$859,667
$451,559
State
and
tEarnings
1948
1949
458,798
7,836
-•!/;.!.
$1,556,377
deducting cost and expenses amounting to $12,910,670 in 1949,
$14,753,001 in 1948, $12,496,216 in 1947 and $8,529,691 in 1946.
iBased
Goodwill
Companies)
Fndcd March 31—
operations-..-.——
Quarter
Quarter
bond
(less
Patents
2,607,944
.
1946
$5,221,001
74,474
payments and other receivables—
Prepaid expenses
Unamortized
617,073
442,691
Profit
______
:
$6,787,089
taxes
1,401,298
107,208
tHammond, Indiana
(Julius) Kayscr & Co.—Earnings—
Fed.
51,513
._
1947
$3,821,658
—v-_——433,969
Depletion
Depreciation
3
51,513
Subsidiaries)
1948
.
depl., deprec. and int.
wholly-owned subsidiaries:
3
Owned
1949
deduct, for
before
Interest
Equipment in process of construe, for Hammond
Kansas Electric Power Co., a subsidiary.
This
for the prospectus in connection with the bond
the bonds will be received May 4.—V. 169, p. 1668.
Bids for
issue.
^Waterville
"sticker"
a
81,867
Corp
Keyes Fibre Sales Corp
Land, buildings, machinery and equipment:
with
company
52,109
Keyes Development
company's offering of $10,000,000 new 30-year first mortgage
bonds, set down for bidding April 26, was temporarily put off.
The
reason
for the
postponement relates to the contemplated merger of
required
147,284
Housing
in
"Gain
1,225,409
315,674
Wholly
Quarter End. Mar. 31—
580,169
1,515,553
Investments
The
the
608,422
—
(Including
$296,397
,
9
Long-Bell Lumber Co.—Earnings—
1947
$451,201
receivable
(1885)
31
Sinking fund for first mortgage VUf/o bonds-—
Advances
to
Keyes Development Corp.—Ham¬
mond
Kansas Power &
DEC.
deposit
on
Inventories
1668.
p.
SHEET,
CHRONICLE
1948
and
hand
on
Accounts
earnings, when, as and if earned, after Dec. 31, 1948, be used
pay regular quarterly dividends to stockholders."
The management
is
FINANCIAL
ASSETS—
consider
"substantial portion of the company's
that a
proposal
meeting
annual
the
&
COMMERCIAL
BALANCE
Corp.—Stockholder Seeks Dividends—
at
stockholders
shareholder's
a
THE
Number 4799
169
after
taxes
common
16
were
weeks
stock-!;
ended
estimated
at
March
1949
17,
$55,455,000,
period last year.—V.
169,
p.
gross
compared
1669. -''
sales
with
and!; operating
$59,1.27,000..for
Carl
Dr.
the
in
F.
Corp.—Changes in Management—
been made in operating management due to the
of plants resulting from recent acquisitions.
number
Prutton
has
been
appointed
Vice-President—director
of
all the company's plants and Arthur T. Bennett Viceplaced in charge of the eight plants acquired from
Southern Acid and Sulphur Co. with headquarters in Houston, Texas.
R. B. Worthy has been appointed Vice-President in charge of the plants
operations
of
President,
was
acquired from Standard Wholesale Phosphate and Acid Works, Inc. as
as the
Saltville, Va., plant, of which he has been Manager. J. F.
appointed Vice-President and remains at Lake Charles,
well
Newell has been
La.,
S.
where
L.
he has
Nevins
has
been
in
charges of
been- appointed
the alkali and ammonia plants.
Vice-President—director of agricul¬
tural chemical sales.—V.-169, ,p. 1670.
10
Mar. 20,'49
12 Weeks Ended—
Wet
Cost
administrative expenses
and
profit
Operating
Other
$2,461,102
$2,549,534
44,273
of. sales
Gelling
$16,443,726
40,526
55,049
_______
income
Gross
.income
$2,273,115
$2,501,629
,522,384
86,094
$949,761
_
603,696
105,900
613,758
$1,124,789
2,191
___•_—-
'Depreciation —
Cr2,543
________
long-term debt
■federal and State Income taxes
Interest
&
exps.
before
Earnings
—
Z———-
$947,570
$1,127,332
•112,225
114,833
shares.
$835,345
outstanding-—J.—
713,894
$1.17
earnings for common
Net
shares
Common
,
r
preferred
on
768,360
shares—.—
Net earnings
Dividend
■
minority interest
interest
Minority
4
on
share
Earnings per common
168, p. 2121.
•
13,020,489
873,702
;
Power
Equipment
Piston
Ring
Co.,
$1/254,728
115,288
$1,012,498
$1,139,440
707,494,• 707.424
$1.43
$1.61
:
of General Fire Insurance Comjjanies, and Eagle-Ottawa Leather Co.—V. 169, p. 604.
V r ;
the
At
yearly meeting on
proposal rto provide
The
•directors.
gas
management
the
;
underwriters
exercise
Dewar,
•
offered by the
stockholders of record April 12 at $27.25
will
be used in
Dillon,
Read
Ames,
Emerich
•
.____
Sons-
&
Brown
-.
^
--
Robertson & Pancoast
Co.'
Doolittle &
Edwards
G.
A.
&
Securities
Equitable
Farwell, Chapman & Co
Co
&
Noyes
Henry Herrman
& Co
Hornblower & Weeks
E.
F. Hutton
W.
E.
Co
&
Silverberg
from War Assets
and the balance
10-year
a
operations.
'
period,
,•/"•//,/-/
CAPITALIZATION
GIVING
EFFECT
•./>•:/■';///•-•/./.-//■•'///v
'/:/'•■ •.Z
1st
a
////'•/'/','/■/ ;/■;"///'.' ///// rV%/, A/
mtge.
TO PRESENT
/■■
pipe line sinking fund 3!,4%
Authorized
"Z "" //
FINANCING
Outstanding
/'/•/ ■//';'-'V
1
*
$20,000,000 •
$7,500,000
7,500,000 - . '
Common stock (par $10)-1,000,000 shs.
982,830 shs. '
^Authorized amount is limited to $100,000,000 at any one time out¬
standing; issuance of bonds in addition- to $20,000,000 series A bonds presently outstanding is subject to the restrictive provisions of ~>the
mortgage securing the bonds.
tDue $250,000 quarterly through July
1, 1954; balance due Oct. 1, 1954.
; ;.</ ;::1-//'--/
|
.
transfer
Corporate
2,700
Provision
12,000
2,000
12,000
2.000
1,400
2,000
1.400
2,000
700
700
2,000
2,000
2,000
2,000
2,000
2,000
2,700
2,700
4,000
4,000
1,400
4,000
2,000
1.400
4,000
2,000
.
Stone
&
Co.
Due
G.
Walker
H.
Walker,
Reserve
*"' 4,000
4,000
2,700
Capital stock
&
White, ,Weld
B.
Harold
Wood,
'Shares
Earned
4,000
available in the Monroe and/
by transporting such gas to the
Greater St. Louis
area
through a pipe line to be constructed and
owned by the corporation.
The main transmission line was constructed/
in 1929 and put into operation in November of that year.
The system
extends from northern Louisiana to the Greater St. Louis area, which
includes the industrial communities in Illinois
extending from East
•St. Louis to Alton.
The capacity of the system,
originally 100,000
xncf per day, has been increased from time to time and now amounts
to an average daily sales volume of about 175,000 mcf of gas.
,-/v
The corporation is not a
producer of gas. Until recently, it pur¬
chased all its gas from suppliers in the Monroe field in Louisiana.
Since the supply in the Monroe field is diminishing, the corporation
in 1945 entered into a contract/ extending to 1966, with United Gas
Pipe Line Co. whereby the corporation's • requirements in excess of
the supply available to it
from the Monroe field will be delivered
of
700
1,400
700
1,400
305,688
the Carthage field in Texas or from
other areas.
Net
1949—12 MPs.—-1948
taxes-
251,967
224,983
oper.
income——
$36,609
$40,850
247
635
$36,766
$41,098
'
$152,203
157
$152,838
$288,576
-___
hrcome
—
etc.,
-
_______
-
$265,834
>
$986,495
,
Divd.
.
—V.
-
'•
requirements
per
168, p.
^
cost________
777
2010.
.
-$157/769
15,422
14,244
58,137
52,269
$26,854
$94,701
$105,500
on
1.855
stock
com.
:
share-
1,855
7,437
7.437
80.19
SO.25
$0.87
$0.98
J
_
1
b 1—1
-o-
Dr243,127
1,246,834
t
__________
^
$7,536,027
(1»—Market value of stocks and bonds in investment portfolio
31, 1949, $6,097,652, and at March 31, 1948, $6,156,115.
;
state and municipal taxes of $.005 per
$181,041
based
on
share is after provision for
share on unrealized appreciation
cost of identified certificates;
be
if this unrealised
would be offset
therefore would
The valuation of the securities
considered as the amount for which
subject to Federal Income tax.
other
assets
should
they could be sold
or
not
be
repurchased.—V. 169/p. 702.
National Capital
$156,991
•*-
income
preferred
Earris.
treasury—at
in
-
/
:
;
*
829,503
$21,344
deducts—
■•
Net
4,139,368
Dr243,127
1,127,799
Match
J
illilllfl*
Co-operative Apartments, Inc., Wash¬
ing-ton, D. C.—To Withdraw Registration
Statement—-
withdrawal of its registration statement
proposing an offering of 26,590 shares (no
par)
common
stock, at $102 per share, the purchasers' to assume
proportionately their shares cf an intended mortgage indebtedness of
$1,750,000.
Withdrawal was attributed to the death inr February of
Willis G. Conant, former Vice-Fresident,
who "was to be the main¬
spring in the undertaking," ar.d the company's inability to replace
him.
According to the withdrawal
request, the company is to be
"■dissolved.'"-"'
■ / ■//;■
/.""%'/
■'.
!
■/;
The
Interest,
.___.__.i_
(2) Indicated net asset value of $16.29 per
and
1949—3 Mos—1948
and
revenues
income
2,386,373
4,139,368
$7,418,543
NOTE
not
$1,066,606
914,403
Gross
1,955
2,386,373
$5)
appreciation was realized, any resulting capital gain
by the capital loss carryover from prior years, and
exps.
Other
.
at
2,000
-
1781.
Period End. Mar. 31—•
Oper.
3,478
surplus
;
of
Operating
$4,622
$4,650
accruals
*30,800 shares.
Missouri Edison Co.—Earnings-
gas
$7,536,627
.
Total
9,400
305,688
169, p.
19,434
515
25,038
securities sold
surplus :
2,700
2,000
Totals
-V.
Paid-in
4.000
Co.__
&
1,116
10,1.91
_•
(par
2*000
Co
Co._
&
Wood
Struthers &
50,000
5,188
"
taxes
2,700 /
.'
Co
50,000
i
——
and
payable
for
4,000
Co
&
White
E.
2,700
2,000
^____
$424,727
LIABILITIES—
2,700
Waggener
1948
1,223,020
5,793,289
receivable______
expense
Total
Accounts
9,400
Co.___
cost
1,400
1,400
&
to
brokers for
from
9,400
1,400
-
31
1949
$393,730
724,622
6,233,694
portfolio—at average cost
Aviation
Research Corp.
in
interest
and
charges
2,700
!
MARCH
hand
on
at cost
4,000
&
Austin
Wertheim
Chas.
2,000
Z.
9,400
Tucker, Anthony & Co._
/:
1
'Vie~tor, Common, Dann & Co
Wagenseller & Durst, Inc.___^___
SHEET
$7,418,543
Dividends
Deferred
Inc
BALANCE
securities—at
National
owned)
2,000
2,700
Blosser
&
in
1,400
2,000
bonds
and
(75%
9,400
Corp._
and
Government
2,000
2,700
__i_v
Co
such income.
banks
in
Invest,
700
1,400
Straus
of
on
Stocks
4,000
678
$22,819
provision is required for Federal income tax on net
as the corporation
has elected and qualified to be
investment company and will provide for dis¬
all ordinary income, thereby incurring
no Federal tax
ASSETS—
S.
5,145
•/
$78,695
COMPARATIVE
U.
-13,445
regulated
a
tribution
Cash
$42,088
982
taxes
1948
$39,333
2,754
income
as
1,400
•
Webster Securities
&
NOTE—No
liability
& other
•
5,417
v.
income
ordinary
taxed
____.i__.i__j.____.
for State franchise
,
$102,423
17,328
...
Expense
expense
'9,400
;
&
income
ordinary
700
Co
&
Net
,
income
Total
4,000
fc Co.^_r.L
Co
•
%
;
1949
/
$100,448
1,974
:
dividends
Interest
BUSINESS—Corporation was organized, for the pur-;
providing a market for
Richland
gas fields
in Louisiana
from
Management
Stifel, Nicolaus & Co., Inc
agent for the common
HISTORY AND
pose
1,400
9,400
:
Co
&
Staats
R.
Brothers
Stern
Stix
stock is Guaranty Trust Co; of
York, New York, and the registrar is Irving Trust Co., New York.
The
Simon
William
Stroud
-■
bonds, series A, due Nov. 1, 1966____
fProposed bank loan
New
M.
I.
Co.___
Smith,-Barney
.
100-mile pipe line in southern Louisiana,
which bid may or may not be accepted.
Corporation expects, if such
bid shall be accepted, to make the required down payment out of-its
treasury funds or from the proceeds of short-term bank loans and to ;
pay
the balance of the purchase price out of funds derived from
over
&
Cash
2,700
x
"
National Aviation Corp.—Earnings—
9,400
^
To Resume Work on
resuming
3 Months End. March 31—
1,400
Newhard, Cook & Co
1954, at rates of interest, varying with the
E. M. Newton & Co
maturity date, from 2 Vz%
to 3% per annum.
The loan agreement
Ohio Co.
1
provides that the lender will agree to lend the full amount of $7,500,000
from
time to time as requested up .to Sept. 30,
1949, for a fee of
Peters, Writer & Christensen, Int
% of 1 % 'per annum on the unused' portion of the credit.'
The
Piper, Jaffray & Hopwood
._____!
proceeds of such loan are expected to be applied to company's- con- in¬ Rauscher, Pierce & Co., Inc..—
___/
struction program.
It is presently expected that the proceeds of .the
Reinholdt & Gardner
:
additional common stock and the amount of $5,150,000 will be applied •
Reynolds & Co
to the
construction program prior to the application thereto of any «
Riter & Co.__
;•
The Robinson-Humphrey Co
l>orrowings under the loan agreement and that, subject to effecting
the borrowing under the loan agreement prior
to the expiration of . E. H. Rollins At Sons, Inc
the credit on Sept. 30, 1949, the corporation will defer its borrowings /
Rotan, Mosle & Moreland
:
under the loan agreement until the funds to be obtained thereunder /
Shields & Co
v-V.-../;>•:V V
-.
—
work on a project to increase electricity
supply for Rio de. Janeiro and Sao Paulo, Brazil.
. t
It is said that -Brazilian Traction, * Light & Power Co., Ltd., a Caria-**
dian corporation, plans to spend more than $220,000,000 in its 19471951 development program in Brazil.
Expenditures for the five-yearprogram will include improvement of the light, power, streetcar, and
telepnone systems.—V. 169, p. 1336.
■//'./ /-■ **'.:'
is
company
9,400
2,700.
4,000
2,000
"
2,700
2,000
1,
required in its" construction program.
corporation has submitted a bid to purchase
Administration
for $4,108,000, payable 40%
down
he estimated- at $9,800,000 equal to $1.45 a share compared
profit of $ 14,300,000 or $2.15 a share a year-ago.—V. 169, p. 1671.
This
9,400
4,000
Mason-Hagan,
Inc.
has entered into a loan agreement with Guaranty , .A! E. Masten & Co
Merrill Lynch, Pierce, Fenner & Beane
'New York, providing <for >a hank loan of not exceeding
The Milwaukee Co
$7,500,000,
to be evidenced by. the
corporation's promissory-"notes
maturing $250,000 quarterly through July 1, 1954,
with the unpaid
Morgan Stanley & Co
The
;
2,700
2,700
12,000
9,400
corporation
are
5,000
9,400
4,000
,
Earnings for-the
year ago.
a
Project in South America—
1,400
9,400
4,000
4,000
700
2,700
2,700
*
than
Z -/■■:',/ ;/'-./;
//
/'.
Morrison -Kiiudson Co;*T Inc.
.
2,000 V
9,400
1
less
quarter
with
9,400
1,400
2,000
12,000
Johnston, Lemon & Co
Kebbon, McCormick & Co._
.
certain
•
14%
or
5%
or
1,400
9,400
;
$146,000,000
period totaled $6,000,000 or 4% of sales, compared with $8,500,000
of sales" for the corresponding two months a year ago, he said.
Sales for the first quarter ending April 30 will amount to $240,000,000
or; 13%
less than a year ago, Mr. Krider estimated.
Profit • for the
same
2,000
;
the
for
totaled
opposed
only for
voting
by
candidates to Mr. Avery and the "other
to Mr. Avery registered their oppo¬
the other nominees or by refraining
'opposition
no
from voting.
A. Krider,
Vice-President and Comptroller, - reported that
first two months of this fiscal year, February and March,
Edmund
2,000
.
14, were also re-elected.
April
on
McLennan Jr.
R.
either
sales
1,400
2,700
<
-
named
Stockholders
altogether
9,400
4,000
Co.
&
Hutton
-
meeting that followed Mr. Avery was re-elected Chair¬
officer.
Other officers, including eight new
were
sition
5,000
'____
Hayderr, Stcne & Co
There
2,700
•
1,400
9,400
4,000
4,000
700
Fridley & Hess__
Goldman, Sachs & Co
Donald
and
nominees.
:2,000
First Southwest Co.
Hemphill,
-1,400
.-'2,700
" 9,400
1,400
- 2,000
Co., Inc
director of Montgomery Ward & Co.
stockholders cast 5,181,399 votes for Mr, Avery as a director,
more
than were received by the second highest candidate,
David A. Crawford.
Other directors re-elected were Philip R. Clarke
1,400
2,000
2,000
1
2,000
Corp
Clement A. Evans &
a
chief, executive
and
2,700
>
'■/9,400 //•>/'
^
Sons__
re-elected
him.
the board
At
Vice-Presidents
2,000
-2,000
-
i'-v A 1,400
'-
Eastman, Dillon & Co
:
man
1,400
••
' 2.000
Dittmar & Co.__
program.
Oct.
Co., Inc.—-Avery Reelected
and Profits Lower—•
&
845,969
1,400
.Trust- Co.,
balance, due
Ward
/ The
2,700
.
2,000
2,000
Co
&
/Davis, Skaggs & Co-i.^^..^Dewar,
2,700
2,700
-2,700
Co
&
M. Dain
a
from
1,400
-
.
The
is soliciting proxies for the election of
annual meeting on May 10.
Edwin B.
Shaw, who head the group, own 2,400
April 22 by the largest vote cast for any of the four nominees.
Avery received this decisive vote despite the" open opposition/of
number of large stockholders who pointedly withheld their support
16,194
-9,400
1,400
'2,000
2,000
^2,700
^____
Paul H.-Davis-& Co.-
'
,
the
Mr,
1,400
-
Courts
be
,
UR.—Nominees Named for Slate of
at
Sewell L. Avery was
on
16,194
.2,700
Clarke, -Inc..
J.
remain¬
of such
of the
'■■/>■placed privately. with
*
"Harland
R.
and
Montgomery
•
'9,400
—
$20,000,000 first' mortgage pipe line sinking
Kuhn, Loeb & Co._/i___
Lehman
"fund 3 v4% bonds, series A, due Nov. 1, 1966. Of the proceeds, approx- .
Brothers
)
ima'tely $14,700,000 was applied to the prepayment of the then out- , /Ciirl M. Loeb, Rhoades & Co,,...:
;±
standing notes of the corporation.
The balance (approximately $5,McDonald
Co.__/___„____„/___„J_____
Laurence M. Marks & Co
/
i__
150,000), it is expected, will be-applied to company's constrtiution
investors
institutional
Pacific
Chairman of Board—Sales
2,700
2,700
:
Co._^
&
John.W.
the additional common
$5,150,000 of the net proceeds
corporation
Co
Alex.
sale of
corporation's properties/
On
March 14
1949, the
Mr,: Morfa declared.-/*//
:
/and 15' preferred /shares respectively, and Mr. Shaw is attorney-ipfact for Netherlands
holders of approximately 15,550 preferred and
15,150 common shares.
The nominees of this committee are John G.
Rolph, William A. Ryan, Angus R. Shannon, W. Seymour Smith, Bolton
Sulivan, Cary N, Welsiger Jr., and Donald D. Wilson.—V. 169, p. 1781.
!!/:''y/*'■'r-\
,• /. f;,t-:. ""V
' , ^'!/•'•! .it/••'^'.;*%;Vvf / j,
,/■
16;194
L__'
Simmons
&
Bocttcher
received by the corporation
stock, together with approxi- v
jnately
of the sale of the bonds or
the
corporation and the proceeds of the $7,500,000 bamk loan, will
i>e added to the corporation's treasury funds as additional
working
capital and will be available for the general corporate purposes as
t- from
time to time determined by the directors.
It is presently ex¬
pected that all or substantially all the net proceeds from the sale
cf the additional common stock, and the amounts of $5,150,.000 and .
$7,500,000, will be applied toward the construction of additions to the
1
'
directors
new
McConville
Rights to
,.16,194
Inc
Co.,
&
Boenning &
share, ex-rights, of 435,282 shares. This consists-of
the 305,688 shares purchased from United Gas Corp. and 129,594 shares to be received through the exercise oi -
to
Ellis
Blunt
per
proceeds
completely.""retired/"
■"'•//■■:. ■' /./■
are
-
irtdependent tommittee
eight
Subscribe
>
_
Inc._.___u_____.__'/_/l
C. Allyn & Co.,
A.
Inc
Co.
&
Securities Corp._
Union
purchase an additional 152,844 shares in accordance with
the corporation's offering to stockholders.
The under¬
writers are making a firm offering to the public at $30
rtet
1781.
p.
Missouri
No. of
-)
Shares
Bosworth, Sullivan & Co..._-________
the
an
debentures
the
169,
305,688
•/
;
is selling to the underwriting group
its entire holdings of the Mississippi corporation which
consist of 305,688 shares of common stock and rights to /
PURPOSE—The
"
GAS CORP.
Number of
program.
v
United Gas Corp.
from
28,000
'
Bacon, Whipple & CO;__
Bateman, Eichler & Co
,
Federal tax liability situation,
early "satisfactory adjustment, cleared the way for - the
this plan can be carried to completion, it will clear the
for the adjustment of capital structure of the company as soon
An
Weld & Co.
30,000
'/: •/ ■"'•/•"'■•' •" \'/:' -.;//;•;/•/:%./;/
the corporation's expansion
rights pertaining to the United Gas block. The
ing 23,250 shares to be received upon exercise
rights are being retained by certain members
group for future sale.
'
>
this is the first time that any
views of security holders prior •
carries through Katy manage¬
security holders and will defer
the ICC until it is known that
'
basis of one-additional share for each
The rights will expire 3 p.m. on May 9,
approximately $8,800,000 of funds to be received
therefrom
the
of
known,
Independent Committee—
8,000
underwriters
•
is
as
has
"If
way
28,000
the selling
tioned
far
management
indicating
plan,
V.
named below have, heverally agreed- to purchase
stockholder the respective numbers'of . shares men¬
shares of common stock owned by the selling
stockholder, carrying the right to receive the respective numbers of
the related rights to subscribe, as follows:
&;;
//7,
The
■
from
that "so
stated
as
-
:•
White,
Morfa pointed
railroad's financial condi¬
holders
whether
ballot is
fair plan, Mr.
a
sought the
to filing
a
plan with the ICC.
This
ment's policy of full cooperation with
the-expense of filing "application with
the plan is generally acceptable.
Recent developments
in the Katy's
Securities
Corp.
Co._
&
is
it
purpose
a-commitment.
He
railroad
Walker, Austin & Waggener
Corp._ 28,000
Securities
Loeb
The
Shares
Stone & Wabster
8,000
opinion
management's
the
not
Carl M. Loeb, Rhoades &
Co.
T—— 28,000
Smith, Barney & Co.;—28,000
Pan-
plan for many
in a letter to •
of' the letter is to acquaint the security
with the proposed plan. and invite by ballot their view as to
cr
not they are in favor of it.
Mr. Morfa stressed that the
;-! /
No. of
/
Shares
UNDERWRITING <OF STOCK OWNED BY UNITED
per share on the
two shares held.
The
In
tion.
;■/ ;/{
/-
follows:
as
No. of
Robertson /&
Kuhn,
327,610 shares are being
corporation to
subscribe,
to
coast
i
*
'
rights
A.
Equitable
the total,
the
of
1
(
been working on this
"and it is outlined "in detail
Morfa said,
Mr.
out, arrived at after careful analysis of. the
OFFER
OF SUBSCRIPTION
to
as
bondholders."
severally
have
Dillon,- Read & Co. Inc.
' 52,805
Union
Securities .Corp.--- 52,805
C. Allyn & Co., Inc.--- 28,000
Jchn W. Clarke, Inc/___1_
8,000
Ry.—Annual Meeting May .10 >
May 10 stockholders will consider share- '
for cumulative voting at any election of
opposes such proposal.—V. 169, p.. 1670.
Stock Offered
—A two-fold offering of common stock totaling 633,298
/shares was made April 26 by underwriting groups headed jointly by Dillon, Read & Co. Inc. and Union Secur¬
Of
opinion
securing
for the purpose of
this time
months,"
interruptible basis. Almost all the corporation's
are made in. the Greater St. Louis area,
an
,
that the outline is being sub¬
an informal expression
whether it appeals to bondholders as one they could
announced
Chairman,
Morfa,
at
.'The present management has
industrial customers
/;;/'.--■- :-/;
Mississippi "River Fuel Corp.—Common
ities Corp.
on
J.
suppor t
agreed to purchase from the cor¬
poration the respective percentages of such part of the 327,610 shares
of additional common stock now offered as shall not be issued upon
The
Minneapolis & St. Louis
holders*
of
60ft;
UNDERWRITING
elected a director of this company,
The Association
Liability Co.,
Mutual
Missouri Natural Gas Co.,
aggregate
Co.,
Electric Power Co., which in the
being made in Illinois and almost all the remainder in
Missouri.
Principal industrial customers include. Owens-Illinois Glass
Co., Granite City Steel Co., Mississippi Lime Co., Union Electric Power
Co., Pittsburgh Plate Glass Co., National Lead Co. and Laclede Steel
Co.
During 1948, the corporation's five largest industrial customers
accounted for about 30%
of total sales, the largest single industrial
customer accounting lor approximately 11%
of total sales.
The
population of ' the' communities served by the public utility
customers
of
the
corporation is approximately
1,500,000, of which
about 1,400,000 reside in the Greater St. Louis area.
ing to an announcement by C. A. Woodhouse, President.
is President and a director of West Michigan Steel Foundry
"Trailer
of
to
about
accord- '
Mr. Seyfertn ;
and Austin
Co. of Muskegon, Mich., and a director of Muskegon
Am-Michigan Pipeline Co., Consolidated Gas. Co.,
Seyferth has been
R.
'adjustment
to security
April 29.
mitted
about 13% of total sales. In addition, Union Electric
purchases for use tn its generating plants'; a substantial
Co.
amount
sales
$1,259,048
4,320
.
mortgage
holders
1% income debentures in
a-plan for the issuance of
of
for past-due" interest" coupons on-the Katy's
bonds was
submitted by Katy management
exchange
take, for resale,
Corp.—New Director Elected—
Michigan Bumper
Gas
Louisiana
Arkansas
Co.,
Light
Illinois Power Co. and.Union
813,821
,
—V.
Otto A.
&
445,627
86,085
outline
The
The/Laclede Gas Light Co., which serves the City and County
of St. Louis and which takes, for resale,
about 25% of the corpora¬
tion's total sales.
Other public utility customers are Arkansas Power
$2,604,584
■/•
for Past-Due Coupons—
is
tomer
1% Debentures
Security Holders—Proposes to Issue
to
firm basis,
utility .cus¬
66% of the corporation's sales are on a
/being intervuptible.
The principal public
Approximately
the ^remainder
RR.—Company Submits Plan
Missouri-Kansas-Texas
to
made
are
public utilities for resale, principally to domestic and commercial con¬
sumers, and about 62%. are inade t6 approximately 45 industrial cus¬
tomers; (including public utilities which purchase other than for resale)
under contract classified as firm contracts and intervuptible contracts.
23/47
Mar: 21,'48 Mar.
$18,946,752 $19,617,223
15,728,429 ,16,078,265
989,481
1,077,854
$2,228,842
less discounts
sales,
volume
in
38%
about
sales,
corporation's
Of "the
(& Subs.)—Earnings—
Mead Corp.
Monday, May 2, 1949
CHRONICLE
FINANCIAL
&
COMMERCIAL
:• THE *
(1886)
filed
company
last
Sept.'
has requested
29
and
Volume
169
National
Number 4799
Distillers Products
Corp.
fered—Representing one of the largest industrial secur¬
ity issues placed on the market so far in 1949, a new
issue of $40,000,000 25-year SVg % sinking fund deben¬
tures was offered publicly April 26 by a nationwide in¬
vestment banking group jointly headed by Glore, Forgan
& Co. and Harriman Ripley & Co., Inc. The debentures
were priced at 101.31 and accrued interest to yield 3.05%
to maturity. '
v"."'.C?■ <'■
Dated
April 1,
registerable as to prin¬
registered debentures in denominations of $1,000, and
any
multiple
thereof.
Principal ;■ and-.. interest
(A-O)
payable at
principal office of Bankers Trust. Co., the trustee, New York.
Mini¬
mum, sinking
fund payments in each of the years.1951 to 1973, in¬
clusive, sufficient in
the aggregate to retire $32,000,000 principal
amount of
debentures.
Optional additional sinking fund payments,
not
exceeding in any year the minimum sinking fund payment for
such year, which may be credited against subsequent minimum sinking
fund payments.
Redeemable at option of corporation,, as a whole at
any time or in part from time to time, on 30 days' notice, at 104 >/4
If redeemed prior to April 1, 1950, and on and after April 1, 1950, at
decreasing prices thereafter, in each case together with unpaid accrued
interest.
Also redeemable through the operation of the sinking fund,
on like
notice, on April 1 In each of the years 1951 to 1973, inclusive;
Coupon debentures in denomination of $1,000,
and fully
cipal,
at
if redeemed
101 Va,
at
1963,
prior to April
1, 1963, and on and after April 1,
thereafter, in each case together
with
'prices
decreasing
LISTING—Corporation has agreed to make application for the listing
these debentures on the New York Stock Exchange.
PURPOSE—Of
the
from
sale
accrued
of
the
net
to
proceeds
debentures
the
of
interest
received
be
(estimated
after
and
corporation
the
by
at $39,845,170, exclusive
estimated
expenses
and
deducting
underwriting discounts) $25,000,000 will be applied to the prepayment
the corporation's outstanding 2xkfi<> promissory notes, $6,000,000 will
be. applied to the prepayment of the corporation's outstanding shortterm bank loans and the balance, together with other funds, will be
used to finance the cost of construction by National Distillers Chem¬
ical
Corp.,
a
wholly-owned
subsidiary of the corporation,
of
the
metallic sodium and chlorine plant at Ashtabula, Ohio.
of
CAPITALIZATION
GIVING
EFFECT
Authorized
stock
pfd.
series
in
Common
Net
profit
Number
Net
($100
Outstanding
$40,000,000
HISTORY
18.
beverages.
sidiaries
issuable
par)/
Ernest
BUSINESS—Corporation was incorporated in Vir¬
Corporation is generally engaged, directly or
1924.
blending,
distilling,
the
rectifying,
warehous¬
buying,
selling, exporting and importing of alcoholic
principal business of the corporation and its sub¬
production and sale of various types of domestic
The
is
in
the
Corporation, directly or through subsidiaries, is also engaged
production and sale of other alcoholic beverages including gins,
wines, vermouths and cordials, the production, importing
the
sale
Scotch
of
brandies,
wines
poration
poration
whiskey
and
and
also
the
in
of rums,
of the cor¬
and
sale
In
addition, subsidiaries
processing and sale of certain
the
bottling
the 'importing
and
cordials.
engaged
are
specialties,
sale
and
carbonated
of
sold.
Net
subsidiaries
dollar
for
1948
84% ;
whiskies,
ported),
sales
other
alcoholic
carbonated
13% ;
the
of
divided
were
corporation
beverages
beverages,
UNDERWRITING—The
Harriman
Inc.
Ripley
of
names
amount underwritten
Glore, Forgan & Co
by
each
are
& Co.,
National Tea
Net
1.800.000
The
Net
Boston
of
—V.
and
Co
fc
...
Millej- & Co...
McCormick
&
169.
Jaffray
Piper,
The
Reynolds &
Baker.
1.200,000
Stone
&
Co
Kidder,
Peabody & Co.. 1,200.000
Langley <fc Co
1,200,000
c.
Lehman
Smith,
Brothers...
1,200.000
1,200,000
Barney & Co
Stone & Webster Securi-
and
the
or
841,150
$1.40
offers
or
to
notify
prin¬
Lynch. Pierce,
Fenner
$225,000
225,000
delivered
&
Co.
week
production
Gas
is
This
for
the
decrease
a
181,934,000
1782.
p.
13,827,539
of
output
Operating
Other
taxes
tirement
Co
&
Scribner
Inc.
Barret, Fitch & Co., Inc.
Richard
American
W.
Other
int.
(Inc.)
and
Bissell
G.
Walker
H.
Witter
Co._—
H.
350.000
Co._
300,000
Murch
—-ii.
CO.
of
$4,426,899
91,657
&
$531,823
$4,518,556
114,688
67,604
20,013
19,015
1,159,583
222,653
100,000
100,000
Co
$428,524
applic.
Balance
—V.
\V.:-
3 Months Ended—
profit
to
pfd.
$425,204
$3,136,320
the period—
369,548
stock for
$2,766,772
——______
169,
for
Kenower
York
Central
Co.
100,000
Co._
100,000
of Omaha_
100,000
&
Inc.
&
Cummins,
Inc.
Net
fr.
rev.
jt.
&
ry.
Other
E.
Wood
&
Co._
100,000
Struthers &
Co._
100,000
Steel Castings
Co.—Earnings—
Apr. 2,'49
.
ry.
$1,547,292
187,518
$1,793,726
$1,359,774
8,031
14,464
$1,801,757
paid
9,896
income
for
possible
taxes___
Net
Earned
—V.
609.000
$831,861
of
common
per
168,
42,493
$702,029
474.861
losses
$744,522
Crl98,374
$1,030,235
inventory
profit
Number
20,716
960,000
:
Total
Provision
474,861
shares
share
p.
$2.17
$1
48
Co.—Earnings—
profit before
income
income
1949
tax
tax^—_.
1948
+$53,131
*$96,205
20,190
/
*Loss.
tAfter depreciation
___
of
working capital position
selling
the
1948.
ended Sept. 30,
year
the
action
annual
brought
meeting
by
a
direct factory
Mr.
Jan.
on
Simpson to
17, 1949, at
elected, will proceed in the
He added that Mr. Simpson has requested the com¬
special
the
as
legal
products on
broker."
of
board
10.
a
footwear
our
a
directors
of
was
May 16 to consider
authorize or permit.—
meeting of stockholders for
decree
the
of
court
may
$32,941
______
$14,868.—V.
Norwich Pharmacal Co.
5,066,312
4,893,382
125,925,567
13,547,518
•
income
168.
p.
2434.
(& Subs.)—Earnings—
Quarters Ended March 31—
Operating
Reserve
for
As
4%
$0.31
earnings
1,919,904
4,309,140
of
April
at
1,
will
offered
company
preferred
Up
par.
be
t2,729,709
6,583,668
8,605,589
5,245,243
3,999,352
14,652,577
Overseas
6,869,351
8,068,909
to
used
stock
for
to
(par
14,
April
156,037
157,970
466,939
charges
3,554,450
3,363,889
10.500,620
income
1,534,756
477,493
3,685,018
t4,823,982
143,197
429,511
429,305
-
,
New York Susquehanna
A
hearing
will
be
held
in
Total
expenses
Western RR.—Reorganizat'n
Court
at
Newark,
J., on
that time
N.
the plan of reorganization for the road.
At
to the plan and claims for equitable treatment will be
heard.
Postponed until a later hearing are the application of the
trustee concerning disaffirmance of New York Central's trackage rights
at Edgewater,
N. J., now in litigation, and also the joint petition
10
on
objections
New
York
corrections
in
Life
Insurance Co. and
reorganization plan.
the
three
other
bondholders
for
certain
outstanding bonds has been authorized
for payment May 1.
The amounts, on each $1,000 principal amount,
are $57.65 on the Midland RR. Co. of New Jersey lirst mortgage bonds,
$26.40 on Susquehanna first and refunding and $20 on the Susque¬
hanna terminal mortgage bonds.—V. 169, p. 1782.
on
issues
of
Niagara Hudson Power Corp. (& Subs.)—Earnings—
Period End. Mar. 31—
1949—3 Mos.—1948
1949—12 Mos.—1948
$
$
$
37,192,960
35,892,609 139,461,420 131,687,447
Operation
15,363,294
16,578,330
2,887,785
3,112,758
2,592,723
3,055,475
3,212,119
2,753.034
5,192.213
Fed.
58,415,413
10,334,004
12.238,926
4,887,829
85.005,205
11,507,674
11,607,480
9,240,887
19,389,009
6,924,791
6,025,218
22,711,165
22.335,657
£>r52,500
Dr42,445
Dr 14,872
Dr37,5l5
6,872,291
5,982,773
22,696,293
1,586.332
1,374,840
5,682,943
22,298,142
6,010,360
5,285,959
and Can. inc.
Operating
Other
taxes
taxes
income—
income
Gross
income
deductions
Income
Balance
Div.
requirements
Stocks
of
on
4,607,933
17,013,350
16,287,782
subsid.
cos._
719,005
4,566,954
requirements
10.007,919
18,355,528
pfd.
income
719,005
3,888,928
2,876.020
14.137,330
2,876,020
13,411,762
1949
Net
Power
*$59,647
Earns,
—V.
per
com.
169, p.
Corp.—
_______
share—
1564.
purchased.
1338.
♦Net
■:
1947
,
$29,000
6,106
,
income
6,035
7,894
4,932
8,035
10,650
—
$13,068 -$10,457
$16,946
,
before
loss
1948
$27,138
i
Net loss from sales of
Net
..
securities-
28,939
♦42,107
•98,503
$11,993
•$55,175
»$108,961
4,414
8,717
{$11,993
following deduct.
$50,761
$100,244
compensation
to
profit and loss
{Contingent provision.
profit.
STATEMENT
OF
ASSETS
{Net loss.
LIABILITIES,
AND
31,
MARCH
1949
ASSETS—Cash
(including $4,900 on deposit for matured debentures
interest), $26,963; due for securities sold but not delivered, $127,137; accrued interest and dividends receivable, $8,984; securities owned
(cost $2,280,8991 at quoted market value (securities valued at $272,375
have been pledged as collateral to loans payable), $2,127,364; prepaid
and
$1,288;
expenses,
total,
$2,291,736.
LIABILITIES—Collateral
loans
payable
(quoted
market
value
of
securities
pledged, $272,375 ), $99,000; due for securities bought but not
accounts payable and accrued expenses (in¬
cluding $4,900 matured debentures and interest), $5,921; accrued Fed¬
eral income taxes, $127;
reserve for directors' compensation for
1948
(as specified in certiiicate of incorporation), $12,285; note obligation
received,
$113,202; sundry
payable to bank, due Oct. 1, 1949, $700,000; net assets
outstanding capital shares (141,151 shares outstanding
value of
$9.64 per
applicable to
at net asset
share), $1,361,200; total, $2,291,736.—V. 168, p. 2229.
Owens-Illinois Glass Co.
(& Subs.)—Earnings—
1949
Years Ended March 31—
1948
606,006
606,00G
2,424,025
2,424,025
3,960,948
3,282,922
$0.41
$0.34
11,713,305
$1.22
10,987,737
$1.14
1947
217,194,000 230,499,087 210,015,780
•Cost of sales and other oper. exps. 176,905,154 194,762,332 172,016,305
Selling, general and admin, expenses
19,527,887
18,964,895
15,625,904
Provision for management bonus—
402,120
609,500
657,416
Interest expenses
591,293
356,542
31,675
Sundry expenses and losses
Crl,619
120,509
Cr21,30g
Net sales and other operating revs—
Gross
Other
15,685,310
529,597
793,570
1.171,868
20,298,763
i_
income
22,877,656
8,396,470
73,753
Federal
normal
income
Renegotiation
surtax—-
8,285,000
—
55,000
16,478,880
6,639,300
51,295
58.064
Total
Other
26,355
11,958,763
9,730,221
14,381,076
3,056,874
3,047.453
2,925,364
$3.91
$3.19
$4.92
—
and
tax
taxes
refund
;
for
the
year
1945
Net
21,705,787
19,769,166
profit
income
on
pfd. stocks of Niagara
Hudson
p.
$
Operating revenues
Depreciation
been
169,
$27,984
expense
Net income
Federal
had
Inc.—Quarterly Report—
income
{Directors'
1782.
p.
2,600 additional shares .of
to stockholders and cus¬
shares
expenditures.—V.
capifal
Securities Co.,
Total
395,826
taxes
sell
$100)
2,138
Quarters Ended March 31—
Fixed
169,
$0.34
share.
1010.
cumulative
Proceeds
18,434,329
2,253,026
1,746,326
'Includes Fed. inc.
168,049
$272,939
taxes
14,294,687
1,159,751
_—
$440,988
158,349
$248 703
income
per
1948
1949
$407,057
profit
Orange & Rockland Electric Co.—Sells Preferred—
$
Cr36,558
——
income
>
1949—3 Mos.—1948
3,301,273
1,943,970
Balance —
Net
company
the selling agent for
V. 169, p. 1673.
65,236,859 178,756,603 179,836,953
56,170,547 152,831,036 161,402,624
5,875,880
489,114
10,210,748
Div.
Three Months Ended March 31—
Federal
call
—V. 169, p.
rents
1906.
Oats
the
the
that
validity
May
on
to
matters
Interest
Total
Net
National
the
such
for
through
said
present
the
pany
$2,380,924
$1,374,238
_
for
to improve the
$109,000 during
solicit orders
to
which
369,548
income.
facil.
oper.
Apr. 3,'48
$2,004,042
210,316
...
income
Provision
immediately,
effective
that,
arrangement under which a
an
arrangement
amuunting to
Earnings
1949—Month—1948
59,704,790
50,641,775
income
Other
Total
Interest
disclosed
Krappe
Mr. Krappe stated.
selling
Krappe
tomers
Interest
100,000
I
Harold
depreciation
income
Mr.
refinancing designed
the
determine
$2,750,472
A;
<jj
by
100,000
Wheelock
from operations
(net)
profit
Other
of
basis rather than
RR.—Earnings—
Period End. Mar. 31—
Railway oper. revenues.
Railway oper. expenses.
Maintenance
Net
April.
time
has terminated
company,
interest
(Including All Leased Lines)
May
Sills, Fairman & Harris,
Wood,
■.
in
a
letter to the trade announcing tne termination of the selling ar¬
rangement the company said, "We believe it will be to our mutual best
1782.
p.
New
100,000
100,000
operations—
from
Provisions
plan
Net
100,000
300,000
Malleable &
April 22 that Elliott
The request to call a
board of directors, had. been
In
$4,047,122
1,055,675
240,975
169, p. 1564.
National
Rubber Co.—Stockholder Withdraws
stockholder, has withdrawn his request that the company
same
missions
$3,922,230
124,892
Net
125,000
Michigan
National Co.
300,000
Co.___
&
*
7,268
$563,225
income
Net
{Deficit.—-V.
Co.
&
&
Kirkpatrick-Pettis
350.000
Co
&
M.
Miller
350,000
350,000
&
$524,555
9,312
j
up
Boeing
agent has received very
substantial commissions from Norwalk Tire, Mr. Krappe said, such com¬
3,600,000
deducts.
a proposal
authorizing a mortgage
to $21,000,000.
The loans will be used
Stratocruisers now on • order. —V. 169,
approved
loans
125,000
Co.,
Corp.
Mecds_
&
BMr
Maynard
First
Co.
Whipple
Bacon,
William
Dain
350,000
—'
Laird,
Collins
J.
Co,
,—
3,600.000
20,036,166
$553,913
—
have
new
100,000
Julien
350,000
Republic
(Inc.),
&
Corp.
—
Central
300,000
bonds
and
Dividends
Clarke
350.000
Sons—
Byllesby
Corp.—
Emerich
350,000
<fc
earlier
courts
mtge.
on
as
year,
Krappe, Vice-President, announced on
a
company
Under
3,278,349
300,000
income—
Gross
(Minn.)—Weekly Output—
for .the week ended April 23, 1949,
compared with 56,752,000 kwh. for the cor¬
an increase of 8.2%.—V. 169, p. 1782.
company
controlled by Mr. Simpson and his family has been
13,473,708
3,681,629
3,586,625
Miscellaneous deducts—
___________
475.000
M.
125,000
125,000
Simon
M.
475,000
Brown
* 3,503,075
292,735
(net)——
10
A.
the
At
this
re¬
revenue—„
income
this
meeting, for the purpose of electing a new
Mr.
oper.
replenish working
special meeting of stockholders for May 3.
a
made
$3,368,002 $35,152,765 $33,955,916
125,000
I.
475,000
Alex.
call
of the
1,754,610
496,102
approp
available
that
so
and
1565.
equipment
for
E. Simpson,
1949—12 Mos.—1948
^336,403
_„
received
were
construction
Request to Hold Special Meeting May 5—
production of
ago.—V. 169,
315,149
1,581,676
—
retirement
Prop,
Net
Hemphill, Noyes <fc Co._
Inc.—
169,
Service Inc.—Earnings—
$3,087,141
revenues
expenses
169, p.
shares
finance
products of Norwalk Tire., Mr. Simpson has has been in op¬
position to the present Norwalk Tire management in its efforts to effect
1949—Month—1948
taxes—
shares (par $10) made to
at $2b.o0 per share in
30
1565.
a
Period End. Feb. 28—
1490.
p.
footwear
Equip.
Lee
Co.,
2.—V.
;\/v,' ".if.
.
New Orleans Public
169,
Oversubscribed—
stockholders.
to
to
Norwalk Tire &
Association—Output—
2,637,000 cu. ft., or 1.45%, below
for the corresponding week a year
175,000
Ames,
&
May
of
ft.
cu.
operative.—V.
Stock
—
common
599,809
used
stockholders
pay
p.
125,000
Leonard &
Moore,
475,000
Inc.
than
later
be
output of
secure
to
16,
Boston
Co.
Northwest Airlines, Inc.—Loan Approved—
kwh. for the corresponding week a year ago.
22 week is reported at 179,297,000 cu. ft.
Merrill, Turben & Co.
& Co.
Blair
not
Street,
for
pro-rated
61,421,000 kwii.,
The
opportunity to submit an
of such blocks of shares
of NEES,
accordingly by
Stuart
be
responding week last
April
Watling, Lerchen & Co..
175*000
Singer, Deane &
A- Co
Robert W. Baird & Co.,
the
in
April 22, this Association reports electric output
This is a decrease of 848,502 kwh., or 6.14%, below
4,601,991
Swiss
Hutton
sell,
to
totaled
ended
of 12,979,037 kwhu
order becomes
Gas
Northern States Power Co.
Walter
the
9,063,015
475,000
Higglnson Corp._—
there
opers.
475,000
E.
more
or
Treasurer
1133, 441
*Railway tax accruals—
Gardner__
&
Co
Inc.
Emanuel, Deetjen
him
ana
share for each five shares held, has been
new
will
capital.—V.
175,000
Lynch
Pacific Northwest Co
Allyn and Co.
&
an
Room
175,000
&
______________
Inc.-—-————
Becker
175,000
Co.—
900,000
Co
at
to
175,000
900,000
Beane—_
<fc
Wertheim
will
Proceeds
im¬
175,000
Inc
Co
&
Reinholdt
900,000
one
Hanson,
him
to
desire
175.000
Co
Co.,
Milwaukee
Riter
Eastman, Dillon <fc Co.900.000
<fc
Weeks
900,000
Merrill
Loewi
1,200,000
Hornblcwer
who
New England Gas & Electric
Operating
175.000
Illinois
Kalman &
1,200,000
Securities Corp...
Dominick & Dominick—
intends
it
that
announced
purchase
Harry
addressed
one
Ssubscriptions
shares
15,175
persons
California
oversubscribed. Rights expired April 18.
to
and
1782.
p.
225,000
Co
Weeks & Harden
Co.
The
The
ties Corp
Union
Net
$935,447
769,380
Natural
offering of 406,000
ratio of
biciding, 123,100 shares of capital stock
shares of capital stock of Lynn Gas
&
Electric
Co.
and 8,607 common shares
of Western Massachusetts
Cos. which it now owns, or such part or parts thereof as NEES may
person
the Commission's
date
Electric
Bosworth, Sullivan &
Net
$1,061,739
-
—,—l_
26
destination
new
forwarder in Arizona,
by the
stockholders of record March
Electric System—To Sell Shares of Util¬
Co.,
the
into
the
of
Northern
225,000
1.200,000
—V.
which
competitive
at
Edison
Boston
of
Missouri
forwarding company stated that plans were being
rushed for the opening of new terminals and trafiic officers throughout
the new areas which the company has been authorized to serve.
Tariffs
covering the new operations will be filed to be e.iectlve June 11, on
590,000
shares
April
company
future,
near
and
points now served
Washington,
to establish service
territory as well as
Mexico.
Officials
$1,525,447
'■> '$1.33
:
New England
&
Hopwood
1,200,000
Dean
$1,696,739
;
Iowa
the
New
The
635,000
share
1564.
p.
Federal
225,000
Corp..
H.
from
to
-
ity Companies—
Int.
Hayden,
W.
Nevada, Idaho and El Paso County, Texas.
Authority was also granted Pacific Forwarding
Mar. 27,'48
-
common
per
extend its operations into the States of Oregon,
to
facilities, which resulted in an increase
taxes
profit
Earned
food
miscellaneous
Goldman. Sachs & Co.__
G.
.
Utah,
for
not
Mar. 26,'49
taxes
Number
Net
Co.
1,800,000
C.
on
Opera¬
•
a division of this corporation, an¬
authorization from the Interstate com¬
received
has
it
V
:
follows:
as
Esiabrook
Kebbon,
1.800.000
First
underwriters
4,000.000
_____
Kuhn, Loeb <fc Co
A.
.
mission
Co.—Earnings—
before
prolit
Federal
Other
domestic
(both
Hayden,
Morgan Stanley <fc Co.__
A.
>
,
12 Weeks Ended—
domestic
follows;
as
products and
' '.f; X'.\
food
!■
the
$4,000,000
Blyth & Co.. Inc.
W.
•
$243,500
Association,
Forwarding
that
nounces
all
in the regular depreciation for the quarter.—V. 169, p. 1337.
of $250,000
consolidated
its
and
approximately
3%<?-■''
items,
cipal
a
tion, for its steel manufacturing
Cor¬
beverages.
manufactures
whiskey barrels for its own use and for
to others, and other tight cooperage for sale to others.
Substan¬
quantities of distillers' dried grains and other by-products used
cattle and poultry feed are obtained in the distillation processes
and
$3.28
.
..
Weir, Chairman, also stated that this corporation had
composite rate of depreciation, based on rate of opera¬
T.
to
changed
Mass.,
whiskies.
tial
$3.88
51,267
$452,000
—
169, p. 1010.
Pacific
the amount of $2,000,000 for accelerated
depreciation and a special inventory reserve in tnc amount of $625,000,
which charges were not deductible for Federal income tax purposes.
brandies,
for
$6.01
———
1948
67,670
(net)
North American Car Corp.—Division to Extend
2,230,642
of sales/selling
deducting cost
1949
tions—
$7,325,058
2,230,817
11
Ltd.—Earnings—
•
(tons)
profit after deprec. and taxes
oper.
—V.
§ After a special provision in
offer
par)
subsidiaries,
bottling,
sale
share
per
$8,661,760
2,453,900
shares-
deductible for income tax purposes.
letter
150,000 shs.
(no
AND
April
and
——§$14,753,775
——
common
and general expenses and
other
expenses.
tAfter provision of $250,000
for possible loss
liquidation of inventory.
{Includes $2,000,000 special provision
depreciation because of increased costs-of property replacements,
should
____
stock
through
In
of
profit
For
ing,
Net
$30,769,311t$20,027,643 $14,178,566
Prov. for depreciation and depletion
4,851,250
$4,306,597
1,984,222
Interest charges, etc.-.——"
314,286
314,286
314,286
Prov, for Federal taxes on income—
10,850,000
6,745,000
4,555,000
Any
10,000,000shs.
*7,977,771 shs.
•Includes scrip certificates for an aggregate of nine shares and 126
shares held in the treasury of the corporation.
ginia
operations and income
dividends—
interest and
from
Ended March 31—*
milled
Ore
(1887)
•
Normctal Mining Corp.,
3 Months
1947
1948
1949
31—
determine.
FINANCING
PRESENT
TO
$40,000,000
25-year 3'/8% sinking fund debentures,
due April 1, 1974
:
Cum.
March
•
(& Subs.)—Earnings-
Steel Corp.
Ended
CHRONICLE
FINANCIAL
&
accrued interest.
unpaid
of
Quarter
*Profi|, from
*Aftcr
due April l, 1974.
1949;
National
Debentures Of¬
—
COMMERCIAL
THE
.
profit
Number
of
for
year.!
shares
Earnings per share
_:
outstanding
—
—
•Including depreciation of manufacturing plants and amortization
of leased equipment: 1949, $5,708,346; 1948, $4,310,143; 1947, $3,799,731.
12
THE
(1888)
COMMERCIAL
CAPITALIZATION
Changes in Personnel—
•
board
The
directors
of
at
held
meeting
a
April
elected
20
Carl R.
Mr. Megowen was formerly a
Vice-President of the company.
The board also elected the following
new
Vice-Presidents: H. C. Laughlin, H. J. Durholt, and R. H. Mulford.
A.
H.
Ahlers, Assistant Treasurer of the company, was also
elected to be an Assistant Secretary.
P. M. Canter was elected an
Vice-President.
Executive
Megowen
Secretary.—V.
Assistant
109,
Sachs & Co. offered as a
$20 a share, with a
10,000 common shares (no par) at
dealer concession of 75 cents.
The
TO
offering
PRESENT
such
of
its
holders
the
540,000
have
1949
year
10
entered
shares
cents
rights
holders
the
share
a
into
10
cents
share
a
the
their
on
the
of
standing will be entitled to dividends
year without the participation of the
all
after,
shareholders
—V. .169,
will
participate
with
the
10
shall
such
After
share
a
have
and
the
annual
asked
Pel Milk Co.—Acquries California Plant—
Golden
bo., Ltd., above.—V. 163,
State
Stock Option,
4 stockholders
on
Etc.—
consider
w.'.l
May
on
an
officers and other executives of the
and its wholly owned subsidiaries.
Stockholders also will be
to
approve
shares
common
—V.
2639.
p.
meeting
compensation
company
See
$6,729,214
8,899,622
$0.76
$ After inventory reserve.—V. 109,
taxes.
Pittston Co.—To Vote
At
incentive
over¬
was
—.
1231.
during such
1566.
p.
per
"After charges and income
p.
out¬
shareholders, and, there¬
in any further dividends.
alike
—-—
shares
Earnings
6,667,895
8,939,622
$0.75
' 7,813,756
outstanding
8,980,182
share—-—$0.87
income
•Capital
payment
issued
now
cents
other
offered
now
'"■'•■
"Net
outstanding whereby
any
dividends in
stock.
1949
1948
1947
$70,735,310 $66,731,935 $62,589,324
Quarter Ended March 31—
Sales
receive
540,000
of
Pittsburgh Plate Glass Co. (& Subs.);—Earnings—
Outstanding
754;500 shs,
agreement
and
to
shares
of
holders
an
issued
now
their
waived
until
received
has
Monday, May 2, 1949
OFFERING
10c1,000,000 shs.
DIVIDENDS—Company
1328.
subscribed.—V. 169, p.
(par
.
Co.—Secondary Offering—Goldman,
secondary distribution April 26
Brewing
EFFECT
CHRONICLE
Authorized
stock
holders
of
Pabst
GIVING
FINANCIAL
•
Capital
first
909.
p.
&
169,
plan
stock
a
purchase
Edward
to
for
for the sale of 2,500
Vice-President, at $33 a share.
agreement
L. Grady,
a
537.
p.
Pacific Gas & Electric Co.—Blyth & Co., Inc., to Un¬
derwrite Stock—
from
houses
shares
1,500,000
Pfeiffer Brewing-
Blyth & Co., Inc., and including investment
coast-to-coast, will publicly offer on or about May 4,
headed
syndicate
A
by
preierred stock
redeemable first
of
of the
($25 pari
company.
This
to
is
issue
new
was
Commission
the
be
to
offering
stock
preferred
largest
the American public utilities field.
recently granted permission by the California
proceed with the sale of the new preferred
in
originate
Company
said
to
P. ;U.
on
a
negotiated basis.—'V> 169, p. 1782.
12 Months Ended—-
3 Months Ended
expenses--
Taxes
8,428,515
—
Net.
7,134,765
7.298,747
401,185
income
operating
536,218
income—net
Other
204.219
19,710,233
1,384,699
34.721,259
1,985,452
Federal
taxes)
the
in
1948
7,535,950
income
3,201,193
2,306,506
4,334,757
5,528,459
25,103,653
1.230.0C0
1,230,000
4,920,000
4,986,903
2,462,360
$0.93
Interest deductions
electric
income
—
$1.54
dividends
Preferred
dividends
Common
Earnings per com. share
—V. 169, p. 1673.
*
18,408,966
14,157,522
• 4,920,000
8,223.352
$6.42
$3.31
profit
and
Selling, adv.,
inome
quarter
Cost of
the
$2,565,463
1,242,116
and admin,
gen.
1,417,717
exps.
$942,154
16,619
$419,741
$1,339,965
90,032
87,320
371,610
125,289
499,755
$443,908
income
10,521
132,125
Miscellaneous
$1,323,346
$947,643
$204,419
$752.8:89
738,000
$0.60
—
$409,219
5,489
profit
738,000
$0.28
738,000
$1.02
(net•
Prov.
income
:
Federal
for
-
income
Net income
3No.
-
shares' outstanding-.:
per share
of
Earned
—V.
tax
169,
807.
p.
gen,
Cement
Corp.
Sales,
Cost
discounts &
less cash
of
sales,
ordinary
1948
costs
and
for Fed,
profit
and
$2,828,173
$2,063,133
2,456,849
2,490,628
total of
this
179,765
$181,065
$8",'3'05
13,789
25,657
$194,854
$34,362
19,110
depletion,.,.——
and
156,430
$506,379
$531,520
Depreciation
1,919,622
134,806
Other
-from•
operations,",-..
22,882
26,652
income
Net profit
Interest
Prov.
funded debt-
on
for
Federal
income
Earnings
per
■■■___J—
$7,710
$0.23
$225,410-
share—
common
52,000
$119;972
$0.r01
187,000
tax__
Nfet profit for the period
$0.58
CONDENSED CONSOLIDATED BALANCE SHEET,
.ASSETS—Cash,
this
of
the
and
$3,410,913;
accounts
$4,061,529;
U.
receivable
Govt:
S.
payable
(trade), $535,205; accrued wages,
etc., $772,603; provision for Federal income taxes (less
U. S. Treasury tax sayings .notes of
$400,000), $1,148,869; first mort¬
gage bonds
(sinking fund payment due July 27, 1949), $400,000; first
will
At
the
$7
share),
a
$3,881,472;
capital surplus,
$3,535,223;
earned
1, 1946, $4,171,004; total. $16,344,376.—V. 169,
Special Offering—
offering April 26 on
—
block of 2,500 shares
a
per
share, with
mission of $2 a share. The distribution
V. 16L\ p. 381.
a com¬
completed.—
was
Pepsi-Cola
Bottling
(par 10(f)
Co.
issue
297,000
of
of
of
to
directors
shares
of
stock
common
offered April 18 at $1 per share by Willis
E. Burnside & Co., Inc., New York. 01 the shares offered
214,500 are being sold on behalf of the company and 82,was
500 shares
behalf of
on
offered
are
Transfer
Trust
agent.
and
owns
all
(D.
C.).
This
that
known
speculation.
a
Lawyers
Trust
Co.,
Registrar,
have
stockholders'
extend
the
stock
latter
has
date
bottler
to
of
bottle
and
incorporated Aug. 4,
was
Pepsi-Cola
company was
been
appointed
Bottling
incorporatedby
the
distribute
Co.
of
Pepsi-Cola
the
soda
1934,
Co.
water
occupies
company
with
month,
floor
space
under
a
a
of
lease
selling
modern
48,558
which
factory
square
expires
stockholder,
building
feet
in
Samuel
at
in
and
as
no
intention
present
shares
the
offered
by the company, plus
of such personal loan are to be used
the
as
Washington.
of
Also
The
with
additional
preemptive
respect
rights
of
authorized shares if and
proceeds
proceeds
from
personal
proceeds
from the
to
the
stockholders
a
District
of
Columbia
cept insofar
ance
when
The
the
board
chief
amended
executive
the
by-laws
officer
to
provide
that
the
President
be
the
of
company.
.All officers were re¬
elected.
However, Paul Endacott, who has been Vice-President and
Assistant to the President, was elected Executive
Vice-President, and
S. S. Learned, who is Chairman of the
Operating
elected
Vice-President.
a-
Comptroller
Feb.
on
W.
H.
Hinkle
14, 1949.—V.
Committee,
previously
was
169,
elected
___
and
plywood
outlets.
York
New
notice
shares
on
Curb
that
without
Exchange
on
April
company has: changed
value into -snares having
par
3 Mos. Ended
■Net
-
sales,
and
March
basis.—V.
31—
In addition
of
______
Columbia
Corp.
Interest, divs.,
164,
it
has
and misc. income
Provision
a
par
value
of
$1
Prov.
for
for
sold,
1948
Iron
Allen,
brokers
58,248
Jr.,
and
special
disposal
on
income
Dividends
transf.
on
on
135,002
$51,228,550
51,998,834
268.453
to
1947
and
earn.
1,084,045
Sell.,
before'special
in
161,258
.15,856
30,525
2.349,113
2,239,850
$2,804,285
$3,557,645
1,060,160
741,819
2,160,319
2,120,310
2,119,997
$2,938,329
'
$1.84
169,
the
p.
$1.68
earnings
per
$1.39
share
are
909.
Net
oper.
expenses.
2,912,601
fr.
jt.
ry.
tax
&
$732,478
opers.
accruals-
i'ac.
544,339
oper.
ry.
rents
Cr538,746
income
1949—3 Mos—1948
$3,546,346 $10,980,384
$10,030,640
2,917,148
8,871,891
8,585,980
Misc.
$629,198
$2,108,493
$1,444,660
624.663
1,692,110
1,715,160
$761,871
15,207
$739,932
201,169
3,429
income
Fixed
___
charges
Net
income
"Inch Fed.
—V.
169,
income
p.
1490.
$535,334
taxes
$328,077
.
Street;
&
York,
New
1948
1947
depletions
11,695,475
8,373.545
210,003
206,809
328,406 "
52,655
43,100
38,700
372,412
205,820
121,801
$3,272,856
$1,537,730
$1,562,513
81,365
130,815
68,223
$3,354,221
$1,668,545
$1,630,736
1,311,000
640,000
611,900
$2,043,221
$1,028,545
$1,009,321
1,326,800
1,301.550
1,327.500
$1.54
$0.79
expenses—
—_L_ '
!
income
taxes
on
;
income
;-
(estim.)__
9,515
income
of
:
common
.
shares-^.
per common
______
share—
Power Petroleum Ltd.,.Toronto
The
has
company
proposing
at 50
the
filed
offering
of
•
$0.76
cents per share.
these shares 1,000,000
Of,
the
issuer,
commissions
the
of
shares
is
held
of
these
by
,
will
New
shares
pensation ;
the
proceeds
New
Co.
Ltd.,
the
York
sale
the
balance
the
of
of
to
sale
the
of
name
be
on
by
the
the
company
to
■
basis.
50,000
be
of
will
the
and
to
150,000
the- sale -of
additional
as
shares
will .go
go
com¬
to
proceeds
Ephraim
R.
the
of
Suger-
■
not
Proceeds
to
are
is
proceeds
promoters;
shares
50.000
The balance of
The
underwriter
of
two
underwriter
best-efforts
a
of
Ltd.
the
the other promoter.
man,
to
of
Co.
sale
par)
unissued treasury stock
which, less underwriters'
the company.
go
of
one
the
the
to
York
will
part of
of
go
SEC
,
arc
proceeds
25%
Registers With SEC
—
registration
statement
with
the
1,150,000 shares of common stock ($1
a
disclosed.
of
apolied
The
sale
the
to
normal
offering
is
the
treasury
administration
of
the program of drilling.
Pratt & Lambert, Inc.
offering of 1.600 shares
Special Offering — A special
common stock
(no par) was
April 20 by R. W. Pressprich & Co. at $34.75 per
share less $1 commission. Sale was completed.—V.
161,
—-
of
made
1100.
p.
Public Service Company of Indiana, Inc.
13.047
deductions —
invest¬
Fuel
Cr757,338 CjT.815,144 Cr2,180,636
$726,885
income
Broad
14,140,139
_
profit
Earned
shares
1949—Month—1948
$3,645,079
rev,
Colorado
$18,166,468 $13,692,128 $10,303,369
_
—
deductions
The
credit,
1946.—V.
revenues-
"Railway
30
taxes
income
Total
1,960,242
$3,557,645
8,503
1.620,209
oper.
Equip.
and
admin,
and
Pittsburgh & Lake Erie RR.—Earningsperiod End. Mar. 31—
sold—
local
for
expenses and
Railway
Railway
Director—
Company,
1949
i,—_____
gen.
Gross
1,000,068
143,127
$3,980,673
surp.
stock—-—,
$0.84
a
and
The
of
Portsmouth Steel Corp. (& Subs.)
—Earnings—
287,094
1,275,735
134,044
outstanding
common share—
profit
on
in
mort¬
a
44.999,744
properties
common
per
"Based
ap¬
inch
director.
a
Three Months Ended March 31—
115,532
$59,300,457
$3,980,673
income
credit
shares
"Earnings
$1.32
of
board
Steamship firm has of!ices at
N. Y., Charles C. Dunais. is President:
of
Profit
of
n«
a
$51,113,017
327,501
deductions
before
the
of
The
Federal
$59,165,455
general partner of Allen
a
Chairman
Corp., has been elected
Other
1947
149,630
amortization
and
Pi-ov. for estimated taxes
Profit
on
subject to
Polarus Steamship Co., Inc., N. Y.—Allen
Charles
ment
Other
45,886,269
s
Miscellaneous
above the company also owns,
warehouse
own
capacity
selling,
cper.,
and
deprec.
its
plywood
,
per
176.185
general exp.
depletion
Interest
through
productive
finished
of
where •('it
capacity of such plant facilities is approximately 1,750,000 square feet
finished - ply wood- on a
% inch equivalent basis per month.-^V.
189, p. 1491.
'
.'f i
v
.
Provision
$53,999,446
—:
goods
estimated
Cities
the
Ore.,
of
•
re¬
from
2552.
p.
$53,823,261
____■
of
distributed
feet
approxi¬
of
owns
in
Falls,
a warehouse containing approximately 3,000 square feet, located
Areata, Calif., and plant facilities of approximately 40,000 square
feet, located near Klamath. Calii,
The maximum estimated productive
No.
Total
is
an
has
company
Klamath
in
Prov. for deprec.
Changed—
announced
its common; stock
1949
royalties'
Total
91,268
the
to
the
facilities located
and
gage,
was
rentals
revenues,-
oper.
plant
Mich.,
2,500,000 square
equivalent basis per month.
Net. sales
23
this
share-tor-share
a
of
which
Company
addition
In
feet
City,
proximately
Cost of products
The
month.
per
square
Traverse
manufactures
sales
Assistant
1490,
p.
Pierce Governor Co., Inc.—Par of Stock
Net
of accounts payable—trade—past due (ex¬
said accounts are liquidated by the accept¬
as provided—of the Dist,
capital—
100,000
meeting immediately following the annual meeting,
the'board discontinued the office of Chairman of the board and created
for Frank Phillips the new title of
Honorary Director and Honorary
Chairman without voting or management responsibilies.
Other
5,000
_
amount
2,
become
$4,250
mately
issued.
$2,231,527
$1,910,1-36
52,081
58,692
$777,078
$2,283,608
$1,968,828
224.034
573,663
466.777
3,437
9,821
10,289
•
$549,607
$1,700,124
$1,491,762
$1,041,187
Period End. Feb. 28—
Operating
Oper.
Net
Other
$6,945,033
-
-Earnings-
1949—12 Mos.—1948
$5,910,924 $37,920,393 $33,803,997
4,326,775
29,251,035
24,115,446
taxes—
5,223,450
operating
income
$1,721,583
$1,564,149
$3,669,359
53,740
120,308
412,909
561,362
$1,775,323
$1,704,457
$9,082,267
$8,249,913
income
and
Net
1949—2 Mos.—1948
and
(net)
Gross .income
Int.
$343,639
revenues
exps.
$920,428
as
of stock
working
Corp
the
May
will
imately
.
directors'
the
the
$70,016
a
company and its subsidiaries operate warehouses in
Michigan, Ohio, Washington, California, Texas and Okla¬
They rent an aggregate of approximately 81,000 sq. ft, of ware¬
Cadillac
will
follows:
discharge of Federal income and excess profits taxes
interest—prior years—of the Dist. of Columbia Corp.
(2) To discharge of notes payable bank (past duet—of the
and
of
COMPANY—The
issuance
the annual meeting of stockholders, all* directors were re¬
except Frank Phillips, who had previously requested that he
nominee.
Philip: R. Phillips was elected to the resulting
vacancy 011 the board.
discharge
from
completion
upon
and
Ohio, Tacoma, Wash., Los Angeles and San Francisco, Calif.,
Houston, Texas, and Oklahoma City, Okla., at a total rental of approx-
loan
To
(3) To discharge
On
$117,970
homa.
at
be
not
$1,685
(President
outstanding
.the States of
coming
elected.
Net
Schwartzman
debenture indenture
company to the
be
may
of outstanding common stock purchase
1949, a sinking fund payment in the amount
due? which, when paid, will have the effect
of- reducing, the principal amount of debentures
outstanding by not
less than approximately $115,000.
V ;
of
of
its
1955.
company), has agreed to apply $48,270 out of the
the shares to be sold by him to the
discharge of a
which the company has made
to him.
The net
To
during
beverage
rental
a
of
(4)
1948,
Washington
August,
Maryland.
PURPOSE—The
(1)
demands
surrendered by the
debentures
house space in cities of Detroit and Grand Rapids,-Mich., Cleveland
approval.
to-such
Common
"Pepsi-Cola" in the District of Colombia and in the coun¬
Montgomery, Prince Georges, Charles and St. Marys in the
of
C.,
•shares
Corpora¬
warrants
cancellation.
increase
warrants.
stock, but should future issuance be
deemed necessary or desirable for
any proper corporate purposes, this
could
then
be accomplished without
the delay incident to securing
Net
York.
New
BUSINESS—Company
of
likewise
wells
114
for
50,000
secur¬
as
of
Tiro
per
These
Co., New York.
HISTORY AND
exclusive
as
selling stockholder.
„
detachable
such
of
offering on
a
"best
efforts"
basis
by
the
"debenture
underwriter," P. W. Brooks & Co,, Inc., of the unsold block of $250,000
of such debentures.
The sale of any such additional debentures will
-
additional
any
Cost
Washington, D. C.—Stock
holders
concurrent
season.
administrative
Offered—An
200,000
•
exercise of
upon
The
.
■(Additional
Pittsburgh Consolidation Coal Co. (& Subs.)—Earns.—
Peoples Gas Light & Coke Co.
William Blair & Co. made a
special
the New York Stock Exchange of
of capital stock (par $100) at $105
D.
with
compared
as
113.
p.
debentures.
and
trustee
meeting of stockholders held on April 26, approval
the; proposal to amend "the company's certificate of
incorporation to provide that the amount of authorized common stock,
no
par value, be increased from 7,500,000 shares to 10,000,000 shares.
share
State
meet
to
the
to
200,000
entitled
stock have been
.,"7'7
interest,
surplus since Jan.
ties
$1.26
gasoline taxes collected
on sales of gasoline, oil
or
annual
granted
<par value,
cince
4,916,987
$3.00
producers,
be' required
attached
74,750 shs.
—
issuance
for
Dayton,
ceived
tion
6,210,354
6,045,106
company's inventories of crude oil have decreased
Inventories-of motor fuel increased 1,675,000 barrels,
barrels.
of' which
mortgage bonds, 3series due 1953 (non current), $1,650,000; reserve
for self insurance
(workmen's compensationi, $250,000;
capital stock
ities
18,154.148
same
LIABILITIES—Accounts
taxes,
8,078,418
governments
were
reserved
are
Outstanding
f$749,000
675,150 shs.
49,750 slis.
"1,000,000 slis.
——
warrants
banks—
to
shares
pari
FINANCING
PRESENT
Authorized
$1,000,000
to purchase common stock at $4 per share until July 31,
$5 per share thereafter until July 31,
1952, when- such
expire.
Warrants representing 25,000 shares of such stock
having the same exercise prices and. expiration dates are presently
authorized but unissued.
Warrants representing 25,150 shares of such
stock were exercised by the holders thereof at a price of $3 per share
prior-to July 31. 1948.
Warrants representing 100 shares of such
completed during the first three months of
were
■-
stock- purchase
($1
payable
1949,
3,221,000
v .1.-
these
'
offered,
now
EFFECT TO
GIVING
stock
the
year,
423,000
At
MARCH 31. 1949
U. S. Govt, securities at cost, $400,000;
(less reserves), $1,120,267; inventories,
securities, on deposit with State Workmen's
Compensation Commissions, $46,000; sundry investment arid deferred
receivables, $17,553; land, buildings, machinery, equipment, etc. (after
reserves for
depreciation and depletion, $19,066,433), $6,911,105; in¬
vestment in foreign subsidiary (50owned) whose
only asset is, land
v<less' reservei, $45,000; deferred charges'to future operations, $352,009;
total, $16,344,376.
rotes
and State
stock
common
■'
are
1,275,000
6,508,200
.
of
92
in
42,950,917
in 1 the case of the net proceeds
purposes as
same
the
of
sinking fund debs due Aug. 1, 1967
warrants
period last year, of which 97 were producers.
.The company's
domestic :crude oil production, including its interest
in
the production of
subsidiaries, averaged 107,600 barrels per day,
as compared
with 105,000 in the same period of 1948. Since the first
The
Profit
sale
"49.750
,
10,347,274
inter-company business
wells
107
and
year
completed
.
12,713,254
6,047,000
__
paid' to Federal
was
,
the
Common
4,610,200
share
and other products.
detachable war¬
sinking fund debentures'(with
total of 25,000 shares of common stock 1, which
Oct. 29, 1948. If all of such debentures are
CAPITALIZATION
1947
$2.10
—
■"'■''■•r '
a
on
on
if any, for the
tures,
from
61,735,690
11,452,988
income
on
for other
additional funds from the proceeds
"best efforts" basis of the unsold
warrants
retirements-—-
taxes
working
be
year.—•
Capitalization Increased—New, Director Elected—
oper.
$250,000
purchase a
commenced
Common
64,636,730
1,C00,000
______
Average shares outstanding-
1947
$3,143,013
allows.
taxes,
_
5%
to
5'.v
,
96,406,301
irom the
capital to
company
expanded business and
the net proceeds to be received by the company are estimated
$217,500!
Since such offering of debentures is on a best effort
no assurance that any of such debentures will be sold.
Company intends to use the net proceeds from the sale of such deben¬
Subs.)—Earns.
(&
1949
25,141
etc.
expenses,
last
of
1948
;
__
peak consuming
Pennsylvania-Dixie
1949
the
by
additional
for
basis, there is
125,182,743 100,646,352
gen, taxes, int._______
contingencies^
depl.,, deprec,,. develop¬
exps.,
Net profit per
all
3 Months Ended March 31—
week
used
sold,
607.
p.
(& Subs,)—Earnings-
products sold, operating and
Reserves for
A
Total
Depreciation
169,
of
offering
received
be
obtain
to
block
against
on
purposes.
expects
offering
a
;
—_______
."Does not iriclude
Gross
285,800,
were
corresponding
:
Provisions for
1947
$1,599,954
1,190,734
1949
of
increase of 40>,—V.
an
over
be
April 22 offered
stock (par $1) at $2.75 per shr.
Detroit,
operations of
concurrent
of
output of this company and its subsidiaries for the week
1949 amounted to 141,479,000 kwh„ an increase of 1,-
1.471,
to
will
and
corporate
company
Notes
Net
1948
$2,359,871
oper.
$0.67
common
rants
first
quarter,
income
ment
1949
from
429,453
$0.80
The
Co.,
proceeds
inventories
general
&
'Stock
common
finance
taxes.
(& Subs.)—Earnings—
3 Months Ended March 31—
429,453
"
•
;
Quarter Ended March 31—
Prov.
Gross
429,453
$1.49
_
of
•
.
Ford, Ltd., Inc.
Penick &
$280,568
sale
23,
922,000 kwh., or
V. 169, p. 1818.
'•'Gross
Net
179,069
$343,228
PURPOSE—Net
$468,637
211,957
Philadelphia Electric Co.—Weekly Output—
The
ended April
21,094,932
6,937,410
36,706,711
11,603,058
7.834,965
$555,185
$639,902
Phillips' Petroleum Co.
Total
150.000 shares of
1947
,
)
Stated )
Not
the
for
1943
1949
taxes
income
income
barrels,
subsidiary)
to
■
80,841,860 351,940,756 291,081,206
66,004,653 281,399.249 244,714.879
7,538.460
35,820,248
26,636,094
89,801.834
74,238,554
revenues
Operating
After
Sales, in
Feb. 28, *49 Feb. 29, '48
$
*
$ ' ■' ' •
$
$
Operating
Federal
'Net profit
:
Capital shares outstanding
Earnings per share—-——
*
Feb. 28, '49 Feb. 29, '48
Period—
before
Provision for Federal
Simonds
—Baker.
owned
Quarter Ended March 31—
Profit
(& Sub.)—Earnings
Pacific Telephone & Telegraph Co.
wholly
Stock Offered
Plywood Inc.,-Detroit, Mich.—Common
Co.—Earnings—
(Including
other
income
deducts.
$7,688,551
368,563
378,928
2,167,824
2.226,396
$1,406,760
$1,325,529
$6,914,443
$6,023,518
•
THE
Number 4799
169
Volume
Calls 2%% Debentures—
,
and
due
tures
May
1962.
1,
Bank.
National
Illinois
&
Reliable
,„.**•:•»
,,
deben¬
Stores Corp.
CHRONICLE
Scovill
Net profit
Each $200 principal amount of such debentures may be
up to and
including the. redemption' date into, ten shares
of common stock without par value.—V. 169, p. 1231.
Hampshire—To Offer Stock
1947
1946
$2,784,878
450,240
:
747,465
taxes
on
by common stockholders of record March 22 at par, 42,739 shares were subscribed for. Rights expired April 6.
171,091
313,452
The
444,366
•
167,609
*;
•
"
requested SEC authorization to issue and sell
stock ($10 pari.
are, to be offered for subscription .by com¬
mon stockholders on the
basis of one new share for each eight shares
held (as of an unspecified, future record date) .
Unsubscribed shares
will be sold to underwriters,
who also may receive compensation tor
soliciting stockholder subscriptions.
The company requests that the
offer and
sale of the stock be exempted from competitive bidding.
The subscription, price
and other terms Will be supplied by amenoThe
The
of
shares
common
$279,149
343,105
366.625
per
$0.16
$0.81
$0.76
$1.43
com.
—V. 168, p.
:
109,724,826
359,659
1,137,271
115,411,297
1,390,695
38,285,599
43,896,083
110,862,097
116,801,992
21,001,265
22,941,094' 58,513,941
11,998,843
12,196,594
35,262,499
60,727,229
32,648,882
1,327,806
1,092,655
3,928,030
331,452
1,000,176
969,032
45,516
72,316
147,354
Cr54,544
497,125
3,061,670
5,036,346
offered
be
will
shares.—V.
unsubscribed
opportunity
p.
1819.
169,
subscribe
to
similar
a
in excess
preferred
the new,
to
Net
Additional Stock—
Fullnaan, Inc.—May Acquire
Income
May 17 Will Consider, and act upon
on
Properties
:• r
Dec. 27,'47
Jan. 1, '49
:
Materials, supplies, production labor ..I#''"##;..',;
/and expenses
!
1
47,610,391
Deprec.
Sell.,
repairs——rA—
and
plant
of
and
.
1,242,555
equipment
admin,
and
gen.,
1,735,969
$2.41
domestic
17,831,356
expenses#.
$6,172,674#
profit.—.#
-a
'
$11,165,184 $11,335,127
24,905,006
26,900,647.
i
&
assets---.
46,835,910
3,278,608 [
31,480,286
U
2,891,316
_
3,687,392
(ail companies)——
income
2,071,063
Diys. paid or accrued on subs, co.'s
7# pref.'stock in hands of public
from that co.'s net income—----.;.,
9,417,518
11,189,863
payable——,—
Purchase
within
due
ments
Contract
—
—
Funded,
one
mortgage
&
1
income
net
Consol.
parent
accruing
.
234,880
____
$4.50
-V.
41,399,137
40,600,000
2,396,711
__
2,160,235
preferred, stock,
ADDITIONAL
surplus
1JA#
second
the
maturity
"arid
instalment
annual
CONSOLIDATED
BALANCE
of
SHEET
of
and
New
511,371
566,543
422,519
6,006,696
#5,121,299
12,400,000
6,900,000
——1_
i-
Net
$8,536,679;
total,
$29,442,683.-rV.
169*
p.
$861,546;
1949—Month—1948
Total
oper.-.revenues—_
Total
oper.
-
sales
■
tax'credits
(net).—V.'
$26,945
#08,615
44,981
123,952
$60,935
$122,221
9,355
;
—V.
■
465,402
J#;:-:':
:
$56,980
•
,
.-$■112,866
7,789/
$86,061
30
30 .*
are
after
sales
.that
■
Net
income,
Deducts,
from
$65,432
net
inc._
-
$56,980
25,000
:•
23,000
>
$112,896
$86,061
43,000
34,000
■"
,
preferred
sales
and
$11,007,000 $14,090,000
income
tvansf.. to
earned surplus
"Deficit.—V.
$40,432
_—
169, p<
'
$0.53
$69,896
$52,061
1339.
Trust.
169,
Co,
####
537.
p.
Ltd.,
Co.,
169, p.
above
of.
$0.70
.
New,
York
at
a
expenses
the. total
ratios.
such
The
the
total
included
in
Drexel
O., Head,
more,than
announced
has
50
President
has
i
director
since
—V.
sales,
169; p.
has
proceeds
will
proposes
t,o
at
Reis & Co.
(& Subsi.)
its
Point
less
discounts, returns and allow._
1118.
1949
$1,016,333
1948
$1,855,245
of
.trust*
the
adviser
investment
underwriting
be
added
to
company's
the
gen¬
*
that it may also be advisable to construct,
small plant, presently estimated to cost.
relatively
a
of
excess
$1,000,000,
pharmaceutical
for
specialties.
,
producing the basic ingredients of
final decision has been reached
No
I
.
fiom
forth
opposite
.
—v.
$509,854
''
169, p. i7ii.
.,
Manufacturers
Y.,
will
until 3
Trust
p.m.
•
Co.*
(EST)
Broad
trustee, -55
May
on
1949,
3,
INCOME
ACCOUNT
Gross,
earnings
i_.
;
and
for
1948
taxes
,
7
Salomon
First
& Co
Merrill
Boston
Corp.—_
1
&
Beane-
Net
income
of
after
common
Earned
per
Federal
income
$427,743
83,834
$4.89
$4.88
net
income for the period Jan.
1, 1949 to March 31,
1949
Gross earnings, $1,122,725; cost expenses and taxes, $936,056:
charges, $16,475; depreciation and depletion, $46,544; Provision
Federal income taxes, $42,600;
net income after Federal income
follows:
interest
for
taxes
$422,563
83,834
shares
share——
taxs,
$81,050.—V.
168,
p.
1804.
Jackson
3,000
Bacpn, Whipple
Bid die,
Courts
&
&
Co.__
2,000
4,000
Miller &
|2,00O, (;
2,000
Co
W. H. Newbold's Son & Co."
Stein Bros.
Yarnall
&
Co._
&
2,000.
John C. Legg
& Co—.
1,500,'
1,500,*
Robert Garrett & Sons—
1,000
4,000
(Inc.)—
Dixon
Janney & Co.
1,000.
3,000
Mead,
C.
M.
Marks &
CAPITALIZATION
Co._
T.
Miller
&
Williams
GIVING
EFFECT
TO
PRESENT
Authorized
1951 to 1967
Cumulative preference stock (no par)-.
$3.50 cumul. conv. pref. stk., series A
Common stock
ino par)
borrow on
agreement
or
1,000,
$8,000,000
,
Co.,
Inc.
1,000
OFFERING
Outstanding
*$4,000,000
500,000 shs.
2,000,000 shs.
229,0853s shs.
1.000,000 shs.
relating to the 27a# notes, the company
1, 1949, an additional $4,000,000 upon
before Dec.
.
l,00O.>*
T.OOO*
Co
&
•
3,000
notes,; due
the
_
Jcnks, Kirkland & Co
3,000
No.ves
I
1,500^ '
Co
4,000-
Inc.—
>
2,000»'
Baker, Watts & Co
,
2,000: t
2,000..:
Boyce
Co
Suplee, Yeatman & Co., Inc.
&
3,000
miry
2,000, :
2,000*..:
:
Graham, Parsons & Co.—
& Co.—__
"Under
2,000 11
Co._
& Co.
Hayden,
&
'
3,000
7,000,
Putnam
'
.
Co.—
&
Whelen & Co
E; W. Clark
>
3,000 .t!
4,000
Harris, Hall & Co.
27/a #
; 3,000
Hutzler__
&;
9,000
Walker
H.
Carl M. Loeb;-Rhoades & Co.
Hemphill,
Bros.
,
3,000, ;
Pressprich & Co..:_7
7,000
Dean Witter <te Co
;,
W.
9,000 /
9,000
& Co.^_
Union, Securities : Corp.-
Webber,
Moseley & Co.—,
G.
Lynch, Pierce, Fenr
Kidder, Peabody
S.
9,000
Li.
Brothers
Lehman
:
to pur*
stock set,,
Reynolds & Co.
12,500
Laurence
No.
com¬
No. of
12,500
Barney
Stroud. & Co.
166,030
168,140
■
Share;*
R.
—
*
68,743
178,298
agreed
common
17,436
Co.
Curtis
2,889,791
151,106
u
income
$3/720,450
severally
Drexel &
Paine,
3,541,562
66,352
;
depletion
Federal
*
$4,359,882
;
taxes—'
have
F.
•.
1949
the
•
17,437
St-.,
receive bids
of
Shares
.
5,000
New York;: .'1 Clark, Dcdge &• Co.—_—2
Dominick & DominickJ-J—. 5,000
for the
sale to it of first mortgage 5#
gold bonds dated July 1, 1905 to an
Eastman, Dillozi & Co.—
5,000
; Glore, Forgan & Co.—5,000
^ amount -sufficient : to.1 exhaus.t-i.the sum*, of. $22,2^7, at prices,, hot: 'td
and accrued, interest.
White, Weld & Co
2—
5,000
•< exceed, par
;
7 ". ■ "
The
whole
the number of shares of
respective names, as follows:
7'7','/7
ner
St. Louis, Rocky,. Mountain, & Paeifie Co.—Tendersr—
in
or
Alex. Brown' & Sons——
The
*
■>
v
;
part
company
their
Blyth Sj col, Incf.J
'•'::
,
.
the
,
.
underwriters
Harriman Ripley & Co., Inc.
1948 ' 7
$408,419
19497
.*
in
No. of
,7
7
Ltd,^—Earnings—
•
retirement
the
company
.
chase
*
,,
to
presently
notes.
$1,270,647
7
'
available,
outstanding 27/8% notes, or to such other corporate
deems desirable.
The management does not.,
presently contemplate the issuance of the remaining authorized 2?a#
pany's
purposes as the
1948
Paper Co., Ltd., and Lake St. John Power
St. Lawrence Paper Mills Co., Ltd., be¬
operating:, profit——
The
Quarterly Sales—
the
of
its
UNDERWRITERS—The
after
of continuous service in the express field, it,was
(May 2), Alfred L. Hammell, Executive Vice-President,
his successor in both, positions.—V. 168, p. 2124.
!
operating expenses
apply part of such funds to conestimated to cost $4,000,000 when
laboratory,
believes
company
in
) Smith,
Provision
retired
annual
remuneration
annual
net
equipped,
become
A.
and
St. Lawrence,.Paper Mills Co.,
Depreciation
as
Quarters Ended March 31—
Gross
1932,
1#,
of
V2
equal
this proposal.
: r >
' '7/": " •
■
-■/;
of the proceeds of this issue not expended for the purposes described above may be devoted, with such other funds as may:
co-
:
expenses and
Interest
charges-
a
to
Co. jointly headed an
&
research
new
a
West
not
.
appointed
been
years
today
been elected
(Robert)
and
expected
are
Company
funds.
The
at
satisfactory
cumulative preferred stock, series
—
L.
the
following
struction contracts will be'let within the- next six* months.
■'
>
.
1711.
Cost,
Railway Express Agency, Inc.—New President—
days
30
West Point
(Pa.) plant.
General plans call
for- the erection
of a three-story brick building to
contain approxi¬
mately 95,000' net square feet of. floor, space, for which architectural
plans are in
the course of preparation.
It is expected
that con¬
direct
12 Mos. Ended March 31—
$33,980
of
value
Hornblower & Weeks——
..
period
a
regarding
COMPARATIVE
Net
to
group that offered publicly April 27 an additional 208,378k
shares of common stock, (no par) at '$26 per share.
#
fully
730,737
will continue
earnings
operating
asset
would cause
exceed
struct
result of the- stream¬
February operations were subearnings recovered sharply and present'
and
net
PURPOSE—The
div
a
is limited
offering
to equal, declining
Sons and
169, p. 113.
Guaranty
Paper
N.
1
public,
discounts and commissions are equal to approxi4.71#, 3.36# and 2.30% respectively of the net asset'
'
1948
563,500
See, also Brompton Pulp
1
.
public
the
,
1
.iu.comeT
the
but under $50,000.
Sharp & Dohme, Inc.—Stock Offered—Alex. Brown &
*
Quarters Ended March 31—1949Net operating profit_##■.
$1,030,175
&
$93,850,
3,955
—
—
QuartersEndedMarch 31—-
Net. ordinary.
public
operating expenses in a quarterly
amount equal to 1/20 of 1#, of the net asset value, or approximately
Va "of i#
per annum less compensation to the trustees.—V. 169, p. 1491.
1567.
p.
1949
registrar, for the common and 4#
Net
-
publip
the
underwriting
will be
Nil
.'
Robot &. Haas Co.—Co-registrar Appointed—
66,905
$70,084
the
to
5,669.922
$1.96
,
March 31—
March
but
The
'
"
4,682
169,
to
?$347,4131
5,669,922
-
Rheem, President, states "The fact, that the 22# reduction
only reduced earnings by 23#
can
be attributed to the
low,—V,
*$1,731
to
sale
Any part
192,469
$15,954
sale
unit
public
which
Cr3,100,000
11,516)795 7
$1.54
greatly reduced overhead,
program
instituted last year.
normal
$219,414
Gross ordinary income
Deducts, from ord. inc.-
______
5,669,922
$2.52
_##__——#_—
level."—V.
>
203,308
$1,469
2,251,648
Manufacturing Co.—Earnings—
indications
1949—2 Mos—1948
$201,577
unit
each
public
of. the trust up to and including $10,000,000
ratios 011 any net asset value in excess thereof.
The agreement made by the trust for services of Harriman Ripley &
Co. Inc. provides that no payment will be made to the latter thereunder
;
94,575
each
on
the public offering price on each unit sale to
$50,000 or more but under $100,000.
of the public offering price- on each unit sale to
of $100*000: or more.
any
and
St. Lawrence Corp., Ltd. (& Subs.) —Earnings—
£110,529
Operating incomesOrdinary income —noncommunication
LL-iz'
3,943.149-:
1339.
99,295
on
price
public
$25,000.
Total annual
on
8,850, OOOJCrl,815,000-
9,132,980
5,882,604
company's
lining
earned
$100,764
expenses—
15.298,628
after taxes
com.
share
per
S.
R.
in
Hadiomarine Corp, .of. Am^rjcar—Earningsh—
Period End. Feb. 28—
-
share—
Ended
sales
•Earn,
prices,
15-year promissory note (payable $180,000 annually June 1, 1954
1,
1963), $1,800,000; subsidiary company's 7#
cumulative'
stock in hands of public (including $4,970 dividends accrued
thereon but
not
declared), $856,970; common stock (issued 805,045
surplus,
—
outstdg.
com.
profit
to,June
capital, surplus,
#
con¬
—————
shares
Net
.
payable
$10,066,203;
price
mately 5.82#
eral
preferred
value),
from
profit
Quarter
3#'
par
funded
on
Rheem
and accrued expenses, $2,369,440;
provision for Federal income tax, $2,551,845; 1%#. 7-year promissory:
note payable $300,000 annually (1949 instalment
included), $2,400,000;
no
''
459,219
York State
market
1
debt
;
cost, $135,397;
property,
plant
and equipment
(after
for depreciation of $9,050,987), $17,499,881; leasehold improve¬
(less amortization)•, $194,715; goodwill, $1;
Ijotal, $29,442,-383.
shares of
J
■)2,241,546
i
(quoted
in
underwriting
plus
.
first public offering date and will expire at 4 p.m.
lEDT) on May 18,
\1949„or upofi the sale of. the 104,000 shares offered,, whichever is earlier,
1946
67,213.934
years' minimum
1949
$146,4201—at
LIABILITIES—Accounts
'
1947
'"Loss.
(To
income of, amount
equal to approximate net, excess,
charges in January and February, due to strike. ^Adjustment of prior,
supplies and products (at lower of cost or
$191,233; cash in sinking fund for retirement of subsidiary's
preferred stock. $65,968; sundry mortgages receivable, $541,900; statu¬
reserve
1948
'24,732,463
Net
expenses,
Govt,
value
asset
net
the
at
received
are
offering
the
$25*000 or-mere,
The
156,201,374
Earns.- per
ingredients,
market), $3,071,353; prepaid
S.
public
orders
follows:
of
,7,.
21,719,822
ASSETS—Cash, $5,390,07.7; U. S. Govt, securities (at costi, $2,000,000;
accounts
receivable
(less
reserve
of
$50,4351)7 $393,815;
ments
'1949
Earnings—
182.324,128
Common
•sundry, trade .gjpcfljqnts, claims and advances, $48,343; flour,
stock
as
the
122,086,602 J
•34,216,695
customers'
tory deposits with state authorities—U.
bonds* and New. York
City corporate
purchase
offering
of
2.25#
215,514,697
tingent reserve.
the
the sum of
commencing
the company's
JAN.. 1.
OF
total,
$84,876;
of
operations
$4.30;,
$300,000.
AS
time
commissions
of
Such
oper.- rev._
from
•(•Restoration
to $2,400,000. by pay¬
note has been reduced
1% #
notq,.. The
ment' of
final
following. the
year
the
at
the
to
of
30,147,208
reimburse its treasury,
the
1954,
items,
April 18 offered 104,000 shares
011
offered
were
3.25#
Deprec. and depletion—
Federal/income taxes-—
2,462,736
in
shares
under
2,251,275
124,062,917
—
_
Ripley & Co. Inc.
5.50#
2,561,877
37,904,598
—
.
•—l——
Income
$3,424,308
BORROWING—Partially to
debit
total, $24,858,505.—V. 168, p. 2691.
4.50#
13,513,728
—
-
—
3 Mos. End. Mar. 31—
borrowed on its unsecured 3#: 15-year note
repayable in ten equal
annual instalments
.
2,559,331
2,251,292
13,568,3'64
par).
i
Sv-'
$4.06
deferred
miscellaneous
surplus, $11,599,716;
effect
169, p. 381.
Sales
$4.93
$1,314,877; in¬
Federal taxes
value.
63,626
$1,800,000,
company
($25
par)-!-—-
(50c
surplus
.
2,052,865
for
~
discounts and
,,
$3,272,196
(after
receivable
$35,000),
reserved
(par $1).
2,432,276
2,052.865
assets
Shareholders'; Trust of Boston—Stock Offered—Harri^
2,370,807
:
Total
$3,965,782
—
stock—
Earnings per 'common share#—-—
companies
of
notes
<30#.
$38,225;
man
200,000
1,239,784
—
__i_
Common stock
to
company
parent
on
and
current
other
and
Co.
The
year
debt
Reserves
Interest
Divs.
accounts
3,645,963
$5,920,210
62.173
$1,973,073;
doubtful
receivable i (not
earned
pay¬
f
Dividends ' payable
$3,487,934
60,240
$2.14
NOV. 30, 1948
accounts
and
notes
obligations, $90,000
(including $32,500
payable, $1,406,424;
.accrued taxes (ad valorem, etc.), $56,581; accrued payrolls, $62,935;
accrued
interest, $1,40.4; Federal income taxes, $1,938,620; gasoline
taxes, $160,744; notes payable to bank—unsecured, $7,000,000; reserve
for
contingencies,
$400,000;
capital stock
(issued
and
outstanding
1,345,570 shares of $1 each), $1,345,570; capital surplus, $796,512;
..•
salaries arid wageslJL
,
$3,334,369
$4.27
share-——"
payable—purchase money
current maturities); accounts
1,947,361
.#
Republic Steel Corp. (<fc Subs.)
$4,026,022
$7,864,523
LIABILITIES—Notes
3,896,181
_
Net
1,345,570
$11,599,716
30———-
Nov.
$5,745,017;
income
4.765,390
taxes, interest, insurance, etc,
Est): cost ,of completion of service contracts, etc.
U. 'S. &. foreign inc. taxes—estimqted--------
v'- ; ##
(payable in foreign currencies)
Commissions,
$5,807/130
? 112,780 ^
8,494
13,241
2,438,696— 2,143,145
pref. stock over par value thereof
for Federal income tax.
Provision
.surplus,
$24,858,505.
,
2,836,702
etc.
Accrued
36,690,944 .
-1,337,938;
754,889
14,523,40i>-
$5,537,474
46,719
$9,210,093
2,018,355
for
pense,
43.599,720
2,764,286
39,106,671
—
1,168,535
3,272,991
loans
Earned
$6,543,106
Interest on promissory note———,
69,894
Excess of purchase price of
subs.
$13,618,071
gasoline taxes* $2,699,364; capital stock of Continental
owned),
$60,000;
production payments, $30,000;
current), $1,631; properties, plant, and equip¬
ment
(after reserve for depreciation, depletion, and amortization of
$8,609,215),
$16,661,295;
prepaid
items,
$138.,098;
organization
ex¬
.
122,086,602
Capital
Total
$2,875,158
6,334,935
7___
per
Carbon
2,256,021
Building
$5,237,080
300,394
370,432
:
7.864,523
ASSETS--Cash,
Capital stock and capital surplus:
Net operating
Other incomq, i
$5,753,548
BALANCE SHEET,
notes
Dec. 31,'47
237,443
985,103
,
,
;reserve
corpora-
2,522,046
1
Trade accounts,
Dec. 28* '46-:
45,027,633
1,565.,214
,87.7.017
16,314,720
taxes-
.
;
,
.
397,225
1,939,053
:
income
—
ventories,
——7—
patents,
LIABILITIES—
$74,582,945. $69,021,664 $59,114.^6^
sales
Maintenance
$1.48
-
partly-owned
124,062,917
—52 Weeks Ended—
53 Wks End.
:
$0.94
in
7
,
value.
_i7——
charges
Goodwill,
'
:
advances
(.net)
Deferred;
Purity Bakeries Corp. (& Subs.)—Annual Report—
Net
market
——
Investments,
120,159
$4,097,704
surplus—"—
earned,
Earnings
2,144,149
drafts receivable—
and
81,831
—
*
Federal
income
Total
10,681,464'
4,502,586
CONSOLIDATED BALANCE SHEET DEC. 31
*
*
>"Dec. 31,'48
Inventories
Bank
,
7,028,292
2,144.149
Cash#-——__—_7——_
Accounts
for
Previous
the
fixed by
be
may
as
;
ASSETS—
stockholders, and by charging
against or paying out of the capital of the corporation an amount notexceeding the stated value "$40 per share) in respect of each share
purchased for retirement.—Vi 168, p. 2437.
such maximum
4,155,706
investment
reduce
to
indicated
-
1
charges
Provision
•on
;
the proposal,,
of the directors adopted at a meeting held March 16, 1949, to reduce
the amount of capital represented by the shares of stock of this cor¬
poration without par value to not less than $80,000,000 by the purchase
In the discretion of the board, at any time and from time to time,prior,:
to May 16,: 1950, of shares of capital stock for retirement, either by.
acceptance of tenders made pursuant, to: a "Call for Tenders'* issued to,
all holders of the corporation's capital stock or by purchasing shares
in the open market, but in all cases at. a price or prices not exceeding
The, stockholders
1,993,239
.4,502,586
$0,41
per-share-
to
$3,977,545
$8,089,826
credits
income
Gross
Earned
income
'•■Provision
tion
income
—
Dividends
1,580,484
No., of common shares—
Earned
8,101,657
.
$8,007,995
7,860,576
Other
and for other
stock
13,409.168
operating income
Net
-
corporate purposes.
.
,
;
Common stockholders will be entitled to purchase shares
of
their ratable
allotment;, and holders of the company's
$12,079,202
167,362
44,593
oil and gas,
and other revenues) — $21,417,163
(sales of crude
etc.,
3,250,319
338,441
Net
1947
1948
.
Operating expenses
43,536,424
mNew-, England
T
30—
Gross oper. income
refined products,
253,199
income
Public Seryice Co. (parent), holder, of 58.88',;, of the.
Total
income.
outstanding
common
stock
of Public Service,
will surrender ior
Cost of salescancellation, the warrants, evidencing its preemptive right to subscribe'
Sell., admin. & gen. exps.
for the additional common stock to which-it is entitled and will not
Deprec., amortiz.
subscribe to any of the new common stock,
Int; &, amortiz. of costs
Proceeds of the stcck sale, together with the proceeds of the sale
& exps. on fund. debt.
of $4,000,000 of bonds to be covered by an application to be-filed at
Other
int.
charges—
*
a
later date,
will be used for the company's construction program,
Adjustment
including repayment of $4,150,000 of short-term borrowings for suc.i
U. S. <fc foreign income
purpose, to1 provide funds: to meet - further.- construction requirements,: ;
taxes—est.
Nov.
;
37,932,400
sales
Other
Years Ended
1948—9 Mos.—1947
194S—3 Mos—1947
Period End. Dec. 31—
Net
(See
Co.
Oil & Gas Corp.—Annual Report-
Shamrock
1908.
Remington Rand Inc. (& Subs.)—Earnings—
^
Stanley :&
302,637
share—
7,111 unsubscribed for shares were taken up by the
underwriters, headed by Morgan
1340).—V. 169, p. 1712.
V. 169, p.
$434,013
shares
common
new
Earns,
has
company
104,604
$276,757
outstanding
$55,987
337,801
profit
Com, shares
—
$3,771,948
*
"
,
Public? Service Co. of New
Subscriptions
1948
income
Net
Stock
—
$4,593,012
90,302
34,315
Fed',
Co.
1949
after charges
for
Prov.
converted
Manufacturing
Company reports that of 49,850 shares of 4.30% cumula¬
tive preferred stock (par $100) offered for subscription
$3,850,447
'
sales
Net
13
(1889)
(& Subs.)^-Earnings—
3 Mos. End. Mar, 31—
Payment will be made at the Continental
Trust Co.,
trustee,',231 So LaSalle, St.,-
111.
Chicago,
FINANCIAL
&
(Exclusive of the Company's Share of the Earnings of the Prank Corp.)
at 103
corporation has called for redemption on May 25, next,
interest, all of its outstanding 15-year 2%%
convertible
The
COMMERCIAL
*
14
of
issuance
the
The
'
Operating
Ltd.
it is expected
and
the
next
year.
Profit
Other
from
Income
Interest
debt
funded
on
Federal
Estimated
credits
and
±
taxes
•
■
42,849,732
769,449
13,100,000
8,000,000
share
$1.59
__
income
Shell
lor
Pipe
rendered
leases,
of
Corp.
Line
the quarter ended March
for
Int.,
intangilble
determined.—V.
the
development
—V.
^
April 21
meeting
April
on
_
The
sell
CONSOLIDATED
.
Colorado
output of
this
Int.
,
1,086,014
367,636
813,692
.
.
1
'
Balance
Other
expenses
proceeds
___r___
•$7,261
Total
Leases
i
$47,909
Power Co.—Weekly
to
issued
be
Inc.
'$27,917
&
Net
inc.
.in
for
U.
Fed.
S.
618,301
income
*
31,050,000
tax
tNet
stockholders
called
been
common
stock
per
"For
>
common
share
have
comparative
been
adjusted
Petroleum
izuelan
undistributed
include
to
and
Co.
Stock—
in
controlled* companies
$1,5*1,234 in 1948; $314,793 in 1947.
earnings
on
June
ASSETS—
banks
in
U.'
S.
Treas.
U.
S. Govt, secur.
market
:
tOfcher
and
Bills
cost—due
at cost,
:
is
it
said,
is
1949
the
planning
March
securities
$812,468
649,184
41,671
38,080
81,105
$43,378
$41,199
27,385
$82,179
fNotes and. accounts
32,164,414
342,120
52,758,568
reccivaole
40,422,941
refined
&
last-In
.
oils
first-out
at
cost
following
principle,
lower
aggregate, market
Materials -and
mother, notes
accounts
at
or
83,086,283
Security
receivable
••
cost
(Richfield
in
companies
advances
oil?
.
wells
Prepaid
Insurance,
:
2,653,056
2,393,160
1948
-
Dividend
payable
Government., advances, against
___
1947
The
5,985,719
-454,219 )
deliveries.
454,219
45,074,857
32,854,040
54,000,000
50,000,000
56,000,000
50,000,000
2G*year;23%% sink, fund debs.,, due Aug.: 1*1965
2®eyear: 2%.% sink, fund debs., due Dec.il, 1972
1%% notes payable to banks,/due serially April
L,. 1951
Oct. .,lr..1955_^.j.
1 J®#/, notes payable to banks, due Sept. 3, 1956
"(Venezuelan Petroleum
Hancock
5,329,035
of
and other funded
debt
taxes,
.
25,000,000
371,677
6,080,283
4,831,312 >'
4,451,847
aggregated
proceeds
.1492.
wages,
Interest
138,695,237
and
37.353,206
20,000,000
225,097,887
foreign Invests.
11,105,188
213.297,804
15,062,150
105,000,000
105,000,000
—-
65,559.302
33,539.864
^_•———
43,281.942
—————I————
32,391,719
38,728,140
23,044,038
—
reserves
reserves
In
com¬
344,056,338
consolidated
—
acquired
cost
over
319,000,799
734,635,877
683,343,550'
112,068,997
of
assets
of
was
21,841,971 "
companies
39,150,495
42,160,839
281,975,892
997,270,086
283,345,937
—,rr~
(N. J.), parent co.
—
consolidated——__—__
Standard Oil Co.
arranged by Morgan Stan¬
others have
companies and
purchased the
Co.;. Bankers Trust
Insurance
Life
Insurance
Co.;
Sun
is
It
$252,000,000.
will- le required
not
capital
for
'
contemplated' that any. • of .the
expenditures^ in 1949.—V.- 169,
'
.
\
.
i
,
.
:
companies were contingently liable
CONTINGENT LIABILITIES—The
at
Dec.
for guaranteed notes, loans, etc., of approximately
including $24,000,000 of loans made by insurance com¬
31,
1948,
$33,000,000,
Additional loans to Transby the company under an
"
* ;
against them,
is advised by
counsel that, while it is impossible to ascertain the ultimate legal aniL
financial responsiblity in respect of such litigation as of Dec. 31, 1948j
it is
his opinion
that the ultimate liability will not be materially
important in relation to the total assets of such companies.—V. 169,
to Trans-Arabian Pipe Line Co.
Arabian
Pipe Line Co. to be guaranteed
panies
existing agreement are limited to $13,500,000.
The
company
and its affiliates have suits pending
some
of which are
for large amounts.
The company
p.
1820.
;/.•
■
..
^•;.Vv.
-Sutherland Paper Go.—Annual
Report—
Total
less returns, allowances,
Cost
income
sales_
of
and admin,
Selling
expenses——
._
1
■
$27,098,666 $25,237,396
21,846,022
19,718,827
• 1,898.737
"1,697,629
___
Total
•For
710,125,230 637,162,536
______
comparative
purposes
1947
figures
the
in
above
consolidated
balance sheet have been
adjusted to include in consolidation
accounts of Venezuelan Petroleum Co. and subsidiaries.
■
the
tMarket value in 1948, $709,421 and in 1947, $716,645. fAfter reserves
of $441,657 in 1918 and $412,854 in 1947.
SAfter reserve of $74,917
in. 1948 and $80,320 in 1947.
UAfter reserves for depreciation, depletion
.
and
amortization
♦•Does
not
not
of
include
consolidated;
$328,557,842
equity
in
Stock Plan for
in
earned
1948—$4,706,297;
1948
and
surplus
$315,158,281
controlled
of
1947—$3,224,445;
in 1947.
companies
net earnings for 1948 were
compared to $268,627,000 or
$9.83 a share in 1947.
Capital expenditurs by consolidated companies
for oil
exploration, drilling wells, pipe line projects, construction of
super-tankers, and improvement of refining and marketing facilities
were
at
a
new
high of $529,415,000.
Previous record expenditures
were $425,667,000
in 1947.
V '
•
J
•
The
report showed that consolidated
working capital dec'.ined for
the third successive year, the decreases amounting
to $30,230,000 in
1948,
and
Employees—
v
a
+
proposed
stock purchase
corporation
and
its
sub¬
income
1947.
The
to higher
Costs
»
reported that consolidated
equal
$48,962,000
Total
over
wages,
The stockholders on May 18 will consider
plan for officers and key employees of the
sidiaries.—V. 169, p. 538.
company
and
and
to .$12.44
1947,
in
in
the
increase
market
other
and
year
was
share
prices.
benefits,
in
$40,788,000
..
also
1946.
to
a
.
Federal
for
Miscellaneous
Net
taxes—.
;___
—
_.
Dividends paid
Balance,
-
over
1947.
<
Salaries,'
represent more than half
of all
operating, selling and administrative expenses, reached an all-time
of $573,459,000.
Purchase of crude products and other mer¬
high of $1,386,248,000.
high
parent company's
net earnings from
17,670
"
:
66,180
$2,364,114-
$1,610,637
860,000
J)62,10o
at
_J_—$1,209,673'
of year • 6,918,070
$1,504,114
5,413,956
$1,048,537
4,365,419
$8,127,743
$6.02
$6,918,070
$6.87
$5,413,956
$4.68
beginning
Accumulated
Earnings
per
NOTE—The
1948,
1947,
earns,
at end of year
share
provision
and
1946,
depreciation for the years ended Dec. 31,
amounted to $430,544f $351,598 and $318,437,
for
respectively.'
chandise from other suppliers also reached a new
The
6,395
860,000
;
__;
surplus
earns,
128
1,003,087
1,448,395
1,260,736
$2,069,673
income
Accum.
...
40%
income
an
.
increased
which
Prov.
$19,836,454
. 15,803,980
1,334,900
2,036
23.370
Interest expense
increase of 40%>
greater volume of products sold
$3,332,187,000,
was
due
deductions
employee
a
t
•
* 1947
1946 vy
' *
' %
freight; and cash discounts——r $27,046,296 $25,177,987 $19,729,536
Miscellaneous :lncome 1
' 32,370
* -59,409
106,918
Gross sales,
1948
"
'
Standard Oil Co. (New Jersey)—Annual Report—
The
787,130,189
3,526,043,348 21995,989,693
Total
Calendar Years—
of
p.
$365,605,000,
38.859.087
1-1—
annuities
for
v
10,000,000
Earnings reinvested and employed in business:
3,941,650
12,928,205 shares without par value)
71,094,175
71,094,175
capital surplus
■____
160,655,921 160,655,921
Treasury stk. <954,202 shrs. at Dec. 31, 1948)—Drl0,162,753Drl0,162,346
•♦Earned surplus
—i__
190,182,177 133,768,489
l
2.449.161
205,524,288
(est.)
(par $25)—
Excess
the loan will be added to the company's working
to restore funds used for capital expenditures, which last, year
capital
.
588,667
225,285,382
2,434,121
taxes
Capital stock issued
Capital surplus
Pittsburgh.
proceeds
5,205.545
273,808,975
——
Equity
of minority, stockholders
panies consolidated——_v—
r
Life
Mutual
209,347,735
3,526.043,348 2,995,989,693
.•—-—.'i-
—
credits
Miscellaneous
Chairman, and A. W. Peake, President,
insurance
York
New
v;
;
...
(Indiana)—Notes Sold Privately—Dr.
The loan
following
The
50,000,000
25,000,000
after one year
Reserves—insurance, etc.
HflUity of minority stkhldrs. in Venezuelan subs.
Corn, stk.
•
50,000,000
Co.)
due
accrued
Insurance
share,
Co.,: as trustee;
Life Assurance Co. of
Canada; Aetna Life Insurance Co.; The Travelers Insurance Co.; The
Perm Mutual Life Insurance Co;; New England MutuaJ .Life Insurance
Co.;
Provident * Mutual
Life Insurance
Co.
of
Philadelphia;
Con¬
necticut
General. Lile
Insurance
Co.;
Continental
Assurance
Co.;>
J. P. Morgan & Co.. Incorporated, as trustee; Reliance Life Insurance
John
Co.
to
Purchase'money obligations,
$10 per
held, with
at
22 that company has borrowed $50,000,dated April 1, 1949, bearing interest at rate
April 1, 1965.
ley & Co.
notes:
5,985,773
future
payable—
income
for
Reserves
maturing on April 1, 1979. The notes will be
full in 15 equal annual instalments starting
in
repaid
1,000,000
'__
notes
on
51,367,680
lilt., taxes & miscellaneous accruals, including
provision for U..S. Federal income tax
■___
•>
loans
Reserve for possible losses on
of 2.90% and
2,000,000
______
payable
:_,^T—__
expenses
2*
Owing to Standard-Vacuum Oil Co
__
Funded
and
other
long-term
indebtedness
has
company
54,720,044
Notes payable
receivables
—
and
Other
announced April
000
LIABILITIES—
.
.
.
710,125,230 637,162,536
_____
Accounts
,
387,116,078 333,533.008
etc.—
etc.—
taxes,
shares
%;
231,045,092
! j
215,537,122
12,000,766
reserves)--.
(less
and long-term
reserves)
Reserved
States Telephone Co.—Rights—
Robert E. Wilson.
185,465
1,915,966
facilities,
29,207,714
158,815,509
over
(non-current)
Standard Oil Co.
pipe lines, steam¬
terminals, : refineries, dis-
Total
,
20,627,348
equipment,
ships, tank cars,
vtributing,stations and
163,060,953
28,507,860
due within one year
531,465
filed a registration "statement with the SEC
covering 200,000. shares of its .common stock .($1 par) .'—V. '165, p.' 853.
The
:
consolidated—!
not
and
218,630,259
owned
receivable
Other companies
fiReal estate, oil and gas leases and concessions,
'
470,387
controlled
to
companies,
investments
Notes
Sovereign Investors, Inc.—Registers With SEC—
.
21,569,874
and*
of
Accounts payable
Oil
$12,518,425)
Investments
19,735,178
.
investments—at
Corp.
—
———
____.—____—193,802,944
petroleum products
and
LIABILITIES—
60,763,410
21,871,829
712,668
below cost
Investments:.
oil
—_—
;
supplies,
<fe
than
35,125.168
21,215,461
Total
in ratio of one new
share
for
each
2l/a' shares
over
subscription privilege.
Rights expire May 7. Any unsubscribed share well be publicty offered
May 9 by G. H. Walker & Co.—V. 169, p. 1568.
';<%■*%
the
23,675,282
merchandise
Materials and supplies-
J ;:
additional
56,000
—
reserves).—1__
131,464.337
5,491,295
1,858,675,283 1,524,122,335
1,658,846
,
1,940,196
Unamortized debt discount and expense——
2,275,768 Vt 2,262,305
>Taxes, insurance and rentals.^..——
8,178,790 -J. 6,681.188
Other prepaid and deferred chargef,.-,12,383,330
14,117,315
The stockholders ? of record April 20 are given ther right to subscribe
for
227,037,591
51,878.099
.
Other
Deferred
Inventories:
Crude
1568.
Southwestern
378,106
(iess
(less
58,674
p.
251,932,890
—
depart-
governmental
agencies
Property, plant and equip, (less reserves)
Patents, copyrights and goodwill (less res.)
$85,027
50,727
169,
251,950,693
21,742,398
receivable:
Special deposits and funds—
78,773
26,882
1
reserves
and
Crude
$695,265
260,03.8
income
charges
1947
$
192.407,500
214,246,620
8,461,511
—_
1_
foreign
and
Inventories:
1949—2 Mos.—1948
$339,317
91,607,511
cost
at
S.'
ments
amounts
34,917,594
19,099,414
.,
Co.—Earnings-
329,994
31
of cost or market:
securities
Govt,
S.
Other securities
Other
$7,500,000
finance
for the
$415,043
—V.
9,970,900
1949
17,
of
issuance
DEC.
$
Marketable securities, at lower
Other
$696,365
1,100
operating
SHEET,
.
Acceptances, notes and accounts
1948
*
$813,668
1,200
after
BALANCE
Cash
U.
$6,166,280 $90,543,325 $98,830,398
$415,643
$6.50
stockholders received $2,186,700 in
Line Co., equivalent to 8 cents '
193.152.886
ASSETS—
5
—Jan. 1 to April 21—
$339,867
550
oper.
$9.83
,
Pipe
50%, in
Europe and North Africa, at cost, and net
1949—Month—1948
revenues
+82,001,226
Oil
Portland
from
109,335,000
1948
'*■
certificates, the
proceeds of which would
75% of the cost of new rolling stock.
Bids
expected ir. June.—V. 169, p. 1820.
are
—
Standard'
addition,. the
dividends
268,626,580 % 177.609.931
55,899,204
101,394,289
$12.44
cash
CONSOLIDATED
$300,000
600
which is approximate
value
marketable
*1947
108,992,488
hand
on
at
,
next,
rev._
Net
1948
<
Cash
1,
trust
Operating
Net
.
in
365,604,976
share.
per
.
1948
$5,855,156
company,
Uncollectible
DEC." 31
SHEET
BALANCE
paid
cash
'
redemption
pipeline
—_____
Purchase obligations
consolidated.—
not
of
CONSOLIDATED
-
above statements
the* accounts of VenetDoes not include equity in
subsidiaries.
884,355
of Common..
evidencing
the
Operating revenuesOperating ^expenses,—'Operating taxes
$4.37
$6.76
34,159,053
174,435
from
paid in stock
Earnings per share
the
figures in
consolidation
1947
purposes
52,480,985
458,369
int
to min.
earns,
income—
U.
for
period End. Feb. 28—
r
Earnings
,
79,319,080
taxes
operations—
Railway—Earnings—
earnings
offering
52,432,125
14,964,276
23,943,018 '
on
Crl5,500,000
2,230,088
73,000.000
inc.
Divs.
stock for each 10 shares held..
are to be supplied by amend¬
—Week End. April 21—
equipment
579,586
21,400,000
81,048,602
income
Cr9,045,524
8,426,636
133,000.000
post¬
and
deductions
est.
V
~
reserves-,
141,858* shares
Southwestern Associated Telephone
Dividends
13,841,033
203.000,000
2,283,589
in
arising
wartime
of
on
retired
applic.
Divs.
the SEC for authorization to
to
approximately
subsidiaries
Venezuelan
Provision
6,173,351
stockholders''int.
minority
to
,
Cr2,890,671
discount
debt
Net
Output-
Company Reported Planning Equipment Issue—
The
10,415,082
applic.
Gross
and
holes
retirements
Cr616,900
Restricted
the construction of additions to the
to be used for
are
Southern
25,037,195
29,926,121
depletion & amortization..
concessions cancelled, dry
Deprec.,
5.527,440
for
Prov.
company
Period—
3,269,803
4,285,679
4,823,823
2,170,752
interest—
Stocks
157,343,785 ,108,892,060
_
1,672,443
:
other long-
line
1949
Interest
2,100,000
4,370,312
2,403,778
war
mortgage pipe line sinking fund bonds, 3% series due 1968, at the sinking fund price of 100.76 and interest,. Payment will be made
at The Chase National Bank of the City of New York,
trustee, 43
Exchange Place, New York, N. Y.—V. 169, p. 1820.
4,455,428
6,227,964
1,800,000
4,782,115
adjust
replac.
indebt—
Adjust,
first
151,115,821 104,436,632
_
_
Income
15,000,000
and
amort,
funded and
on
Trade, less
have
There
636,568,727 488,387,933
485,452,906 383,951,301'
:
120,005.974
and
Partial Redemption—
of
$
$
143,003,039
income
—
deplet.,
Miscellaneous
properties and for an additional investment in the com¬
stock of its subsidiary, Alabama: Gas Corporation, also ■ of Bir¬
mon
41947
1948
operating income
Costs, operating & general
40,323,952
168 080 629
and
taxes—
Foreign exch. adj.
consolidation
company's
YEARS
■
•
Gross
51,560,451
term
''777'.77'77-."'v'.■"7
*■<;
.
The
,
CALENDAR
FOR
604,326,156
64,902,716
22,473,257
other
than
other
debentures
134,979
$10,324 "
.
'*
599,285,354
Inventory
$2,239,425
147,419
.
.
755,893,745
Other
1,214,826
412,524
877,546
56,109
•"*
1946
pet¬
oil,
'and
retirement
1341.
p.
Warrants*-are
ment.
,
Hammond
ACCOUNT
INCOME
$
'•
972,589,324
prod,
Deprec.,
'
$2,552,805
$368,379
184,552
company has made application to
its
stockholders an additional
to
-Stock.
Sinclair Oil Corp.—Annual Report—
i
„
'
1,023,750,647
crude
of
income
,
mingham.
x
■
1947
1,386,247,827
fin
Instrument Co.,
and Joseph Poi;, Signode's Treasurer and Assistant Secretary, have
been) elected to the board of directors.—V. 169, p. 382.
.
the
of
V"
'
1,644,812,356
Taxes,
1949—6 Mos. —1948
184,978
$415,946
right to subscribe for one hew share of
The subscription price and record date
Hammond, -President
'
3,332,187,275 2,386,666,911
income——
Oper.
costs, ' selling
admin, expenses
the company
26
Southern Natural Gas Co.—To Sell Additional
a
Signode Steel Strapping Co.—New Directors—
CALENDAR YEARS
'•
'
1,622,339,099
merchandise
for the week ended April 20, 1949,
totaled 2,848,000 kwh., as compared with 2,514,000 kwh. ior the cor¬
responding week last year, an increase of 13.3% .—V. 169, p. 1820.
addition to re¬
in
that
1949—Month—1948
divs.__
169,
Southern
168, p. 2013.
Laurens
•!'
.
roleum
169, p. 1819.
———
and
deprec.
Electric
annual
FOR
ACCOUNT
'=
* '.(
Operating charges:
$2.49
directors,
incumbent
'
'
operating Income
^ 3,300,785,651 2,354,916,766
income,
including
:-.V.:
and interest31,401,624
31,750,145
Purchase
73,225
earnings
•Deficit.—V.
also elected four new directors,
total of 18. The new. members are
Cason J.
Callaway, a. director of several well-known enterprises in
th© United States, and
Stanley W. Duhig, :H.; Bloemgarten, and J.
W. Boyle,
the latter three already associated with Shell companies.
the*
the board membership to
raising
356,814
$3.10
$2.93
announce
Surplus
Elected—i',:
shareho'derS- at
The
electing
428,176
Edison Co.—To Sell Preferred-
company
Oper. and maintenance-
OffSv
New Directors
INCOME
''
V. }•■■'
:-
Total
with
permissipn to
for
been
Gross
expenditures, sur¬
abandoned wells, retirements and miscellaneous write-
(100% )
schools.
108
Non-oper.
Southern Canada Power Co., Ltd.—Earnings—
31, 1949, amounted to $677,014 compared with $791,497 for the 1948
period.^No dividends were paid by Shell Pipe Line Corp. in this period.
•lhcluding
depletion
and
amortization of
oil lands and leases,
amortization
stockholders
the
$889,306
$1,106,867
356,'814'
California
Taxes
Net
..
Prem.
28,980,283
$2.15
21,421,909
income
Net
148,205
the
of
Period End. Mar. 31—
Per
$1,037,511
148,205
application
an
asking
41,848,250
1,001,482
income
on
'
Gross
the California Public Utilities Commission
issue and sell 800,000 shares of common
stock.
The company was recently granted exemption by the Commis¬
sion
from the competitive
bidding rule on this proposed issue.
The
First
Boston Corp.
and Harris, Hall & Co.,
(Inc.), are forming a
nation-wide syndicate to offer the stock,
■
The date of filing of a registration
statement with the SEC has
filed
not
income
Total
^'1.
$1,255,073
$1,404,071
148,206
pi'd. stock
on
Earnings per common share—
169, p. 12/1.
$
30,183,182
761,273
credits
and
shareholders over the previous year.
include such
groups
as
417
30,000
nearly
individuals,
267,465
outstanding—_—__
Common shares
officials
28,832,655
1,350,527
operations
income
accrued
Southern
—
Other
259,915
$1,255,865.
158,631,671 152,773,771
17,739,720
13,152,089
and
•Deprec.
277,737
264,834
of
gain
a
churches, 275 hospitals and
$1,304,977
—__
share.
a
dividends
205,204,046 207,774,110
revenues
admin., selling and general exps.—
amortization of physical assets—
inci.
Costs,
other
and
389,113
$1,514,987
—
income—.
Net
Dividends
1948
1949
$
products
of
sented
—V.
Quarter Ended March 31—
Sales
441,065
to $5.31
equal
1948,
1948
(& Subs.)—Earnings—
Shell Union Corp.
$1,027,241
CONSOLIDATED
1567.
p.
$1,125,875
$1,668,905
met)—
income
deductions
Total
169,
$1,227,840
__!
operations-*;
income
Gross
business established more
than
100
years
ago,
was
incorporated in Maryland July 17, 1929.
In the same year it acquired the business and assets of H. K. Mulford
Co.,
a
concern
known especially, for
its biological products.
Company is one of the Jarger companies engaged in the manufacture,
distribution and sale of pharmaceutical ami-biological products.
Its«
executive * Offices
and
principal
plants
are
located in and near
Philadelphia. —V.
from
for
$155,923,000
were
continues a
which
BUSINESS—Company,
$4,384,073
3,356,832
Besides
Dohme (Canada)
debentures were outstanding on March 31,
that all or most of the balance will be issued
v'v>
''':"■■■' 'y-'V''.. :■K.
such
of
$150,000
1949,
within
$5,077,784
3,951,909
paid
are
paid during the year were $2 a share plus stock dividends
equivalent to two shares for each 40 shares held by the stockholder.
The 200,000 holders of company stock at the end
of 1948 repre¬
Dividends
■
1947
$5,49y,593
4,271,753
!
revenues
Operating expenses and taxes___
principal and interest of $300,000 3%%
serial
1951 to 1953, of its wholly owned subsidiary, Sharp &
to
holders
Co.—Earnings—
1949
7 ;. i 1948
12 Months Ended Feb. 28—
payment both as
debentures due
guarantee
to
undertaken
has
also
company
$118,000 each,
of
Monday, May 2, 1949
CHRONICLE
FINANCIAL
&
Sioux City Gas & Electric
The notes presently
notes.
authorized 2%%
remaining
mature in 32 semi-annual instalments
the balance of $224,000 due on Sept. 1, 1967.
outstanding
With
COMMERCIAL
THE
(1890)
which dividends to share¬
(Continued
on page
51)
Volume
THE
Number 4799
169
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1891)
Stock Record «» New York Stock
^
DAILY RANGE OF PRICES
Year 104H
100
Dec
Apr
22
Dec
6%
40% Apr
44%
2% Feb
28
Laboratories
Abbott
7
3% Jan
23
ACF-Brill
Motors
Steel
Dec
55%
Apr
21
49% Feb
9
Acme
14%
Feb
23% May
17% Feb
10
19% Jan
6
Adams
Dec
46%
35
5
41 % Apr
7
Adams-Millis
27%
Dec
41% July
7%
Feb
22%
xl8%
Dec
Jun
44
Jan
27% Mar 28
30
Jan
26
14% Feb
5
19% Jan
6
7% Apr
Dec
Apr. 25
26
8% Apr
19
46% Apr 21
46% Apr
20
18% Jan
22% Jan
21
38%
No pai
Co
2.50
10
Co
39%
2%
46 Va
46 %
2%
46
18%
18%
18%
18%
18%
41%
*40%
41%
40%
40%
*29
29%
28%
29
28%
28%
18%
18%
18%
17%
18%
18 Va
*7%
8
.,7%.
*46
46%
*4S "
—50
t
45%
,7%
46'A
18 •%
46
18%
99
2V2
Dec
65
May
4% May
Nov
13%
Nov
2%
5
108
Nov
37
21% May
80% Jun
4% May
58% Oct
Dec
Feb
65 %
Dec
3
97% Mar
3
9
3
15
70
6
40% Feb
25
47% Feb
3
72
Apr
27% Jan
27
May
64% Jan
24
May
21% Apr
99"% Apr
22
May
90
Mar
7%
96
Apr
11%
Dec
198
Mar
26
91% Apr
19
6% Apr
174
Mar 28
16%
Dec
21%
Jan
16% Apr
29
25%
X
Dec
25% Jan
3
25
Feb
34% May
37 % May
25% Feb
25
81
Mar
91
Jun
83 % Jan
8
26%
Dec
42% May
25 % Feb
25
73
Dec
98
Jun
77 Va Jan
3
x25
31%
Nov
3%
Nov
Oct
104
20
Jun
May
26% Jan
3
93% Feb
Feb
28% Jan
90
4%
29 % Apr
82% Apr 20
31*
83%
Feb
121
May
89% Feb
7
Dec
Jun
34% Jan
3
6%
Oct
Mar 21
106
34%
3% Jan
6
Amer
10
Mar 30
4
63
Mar 30
24% Mar 31
58%
Feb
70
62 % Jan
31%
Dec
43V« May
8% Mar 25
Nov
Jun
100
6%
Sep
10'A
Dec
7
Dec
6%
Jun
3
Jan
81
Jan
111
76% Feb
163% Oct
92% May
21
18% Mar
18%
17%
18
4,500
7%
7%
*46
7%
46%
*43
11
3
American
7
Amer Cable & Radio
93 % Apr
Jan
27
33% Jan
7
Jan
69
Apr
28
82
20% Feb
1
177
Jan
20
11
27
May
110
Aug
38
Dec
51
May
39% Feb
15
46 % Apr
4
15
Dec
20'A
Jun
15% Feb
8
17% Apr
29
14%
Dec
22%
Jun
11
17% Mar 21
81
Dec
94
Jun
Apr
18
87
Mar 11
33% Feb
43
Oct
35% Feb
8
42
Mar 11
107%
Jun
99
3
105
Mar 12
106% Mar 15
15% Feb
77
22% Mar 30
108% Feb
94%
Feb
25
Feb
49% May
29% Jan
3
5
Jan
4% Feb
28
6 Va Apr
14% Mar
7% May
19% Oct
15% Feb
24
17% Jan
13%
Dec
19
Apr
13% Jan
5
1%
Sep
4% May
89% Jan
1% Jan
4
15
Jan
36% Mar 31
4%
7%
Can
Co
45'A
46%
72
71
22%
72
23
100
93
*27
26%
7
179
17
*16%
16%
*16'A
16 Va
*16%
16%
27 Va
27 Va
*26%
27%
26%
27%
27
26%
2 6'A
26 %
26'A
26%
26%
26%
26%
27%
82
82
30%
30%
30
30
3 Va
3%
3 Va
*38'A
101%
102
37 %
37%
9 Va
29%
28%
28%
28
*81%
82'A
81%
30%
30
30%
30'A
*30%
*3%
3%
100%
100%
*36%
9 Va
9
9 Va
98%
99
36%
35%
35%
8%
60%
60%
61
61
1,100
23%
23
23
1,000
63 Va
64%
30
8%
8%
1,300
31%
31%
1,400
*
65
*64
66
8%
8%
8%
8 Va
8%
8%
31 Va
31%
31%
31 Va
31%
31%
31%
_100
*100
9
101
7%
7%
7%
7Va
7%
7%
7%
7%
3%
3 Va
3%
3%
3'A
3%
3%
3Va
3 Va
92%
92 'A
92
92%
174%
28
27%
_100
*69%
70%
American
Cable
No par
5% non-cum preferred
American Chicle Co
No par
175
*68%
21%
*108
*42 %
*17%
18
10
16 Va
__10b
*77%
39%
*102%
American
Distilling Co__
5
American
Encaustic Tiling-,
17
20
32
27%
70
70
70
20 Va
*108
93
36%
92
175%
174%
27%
25%
69
69%
>20 Va
21%
*108
100
42%
1,700
17%
500
15%
.1400
41%
42
41%
42%
17%
17%
17%
17%
17%
15%
600
*42
41%
•
300
21%
21%
107%
17%
16
3,600
69%
107
41%
16
310
26
*69
21%
18
16*4
92 %
174%
108%
42%
*16
3,600
3,200
25%
17 Va
16 %
5,800
3 Va
175%
108%
400
7 Va
70
*69%
108 Va
92%
101
7
27%
27%
21%
*20%
*108
93'A
175
174
175
27'A
108 Va
fe. *16
39%
preferred series A_100
*
77%
lo
com
174%
92%
92%
92'A
.
27%
14,300
3'/a
42%
43
10
175
21
21
108 Va
*20 %
*108
No par
com
101
f,: 7'A
3%
25
American
*
31%
7%
9
8%
64
1
100
Cyanamid Co
*100
100
100
100
9%
1
^
Colortype Co
American Crystal Sugar
4% % prior preferred
100
101
*100
101
800
23%
24
8%
Inc
2,800
fU\
-
61%
24
31%
Co
1,300
1,000
100
99%
35%
8%
Corp
3
37
61
60%
24%
*63%
400
30%
3
37
3%
43
——
9,600
82
23%-
62 Va
24'A
65%
28%
98%
36 Va
9
V3
—
60%
*61%
24 Va
*63%
3'/a
300
2,900
23 Va
62%
65%
30%
*37
101
36%
37
1
3%
43
*37
200
26%
89%
81%
24
*63,%
*88
81%
100%
37%
9 Va
9
9%
26%
89%
400
27 Va
*27
28%
44
200
16%
28%
*3 Va
7Va •%;:
16%
82'A
*37
45
102%
*36%
93
27%
27%
82 %
300
600
177%
30'A
27%
43
*88
3,300
3,100
176 Va
*81%
27%
*81%
3%
16%
89%
*88
89 Va
*88
89'A
*88
*16'A
14,600
22
*6%
*
10
V
74
*90
7%
177%
800
2%
101
21%
26%
89%
*88
*70
27
*6%
177%
179
4,300
66
45 «/a
*100
93
7%
*7
3%
14
45
22%
7,500
103
2%
100
*90
7.
14
*65%
72
22 Va
101%
*90
93
72
23
*99%
100
17714
175
conv
46%
177'A
*27%
3%%
45%
14
3,500
21%
3%
66
177%
*7
No par
! American
2%
14
31%
common
&
2%
*100'4
3%
177%
American Car & Fdry com
7%
preferred
Chain
*65%
2%
1
preferred
Broadcasting
preferred
65%
2%
3%
7%
46%
21%
103
65%
3%
63%
*8%
conv
American
*100%
14
27%
16 %
7%
*46
21%
3%
com__ No par
Co
Jan
103
7%
46%
21%
13 %
*62
__50
Corp common
3% Jan
7%
TOO'A
46
*90
93
21%
21%
179
7%
100
1,100
18%
2%
22'A
99 Va
2,200
41
*40
28%
13%
71
22 Va
100
*90
93
*7Va
*177%
*
22 Va
100
2,100
18%
1,700
28%
10
common
.
Shoe
*90
72 %
*71
72%
22%
102
18%
Va
45%
28%
66
;i65%
8,000
2
28%
100
preferred
preferred
Bosch
*70%
*101
1
66
45%
18%
3%
44%
Corp
No par
Chemical-No par
common
conv
Brake
1
*65%
2%
41
Shares
40%
74
•>18% -18%
103
3%
13%
44 %
*37
10 Va Jan
Jan
104 %
6%
104
100%
Nov
Airlines
cum
Amer
29
3
3%%
No par
com
*100%
3%
14
43%
50
American Bank Note
American
25% Apr
172% Mar 17
American
10
3
100
preferred
Petroleum
Jan
Jun
Jun
common_No par
Agricultural
10 Va Mar 29
49%
177
28% Nov
74
Apr
14
Mfg
preferred
convertible
35
Apr 29
3
6%
Amerada
3
par
100
Alpha Portland Cement
Amalgamated Leather Co
25
Jan
No par
Corp coinmon__No
conv
18
20% Jan
103
3%%
Apr
40% Jan
29% July
5
Allis-Chalmers
31
66% Feb
Co
103
2%
21%
100
3%
14
2%
*99%
gtd
3%
40 Vs
*65
2%
the Week
share
28%
21%
21%
2%
par
preferred
Jan
18% Mar
30% Mar 23
Kid
Allied Stores
Jan
43
19
Ry 6%
*100'A
103
21%
2%
No par
preferred
Allied Mills Co Inc
3
May
preferred_No par
conv
conv
28
29
3
$4.50
Allied
Jan
6% Jan
$2.50 prior
21%
43% 5 43%
100
Allegheny Ludlum Steel Corp_No
18% Feb
Apr
51
66
2%
Allegheny & West
3
Mar
*65%
_l
Alien Industries Inc^____-_»_-.*__l
Allied Chemical & Dye
No par
37
Mar
*13%
100
w w
Allegheny Corp common
5%%
preferred A
10
Jan
10
preferred
21%
14
17
6% May
Nov
3%
24
50
47
*100%
10
Ry
Mining
common
8% Jan
Nov
68
7
Mar 12
4%%
100
5
Gold
21%
188% Jan
44
52%
4
2% Jan
34
xl71
Mar
14
25
No par
Vicksburg
Juneau
Inc
Apr
109
<fc
Alaska
Aldens
2% Feb
Dec
Alabama
Inc
3
15 % Mar
64
Reduction
2
3% Apr
Jan
Dec
75
Mar 30
13% Feb
100
23%
100
Air
40%
46
18%
*40
•
27% May
S per
74
2Va
41
28%
46%
*46
2%
*40
7%
7%
46%
*65
46 %
46%
18%
*40%
40%
74
•alM tor
Apr. 29
$ per share
40%
2%
2%
1
Corp
40 V«
*65
74
Friday
Apr. 28
f per share
40'A
*65
Thursday
Apr. 27
share
39 Va
74
2%
2%
45
$ per
PRICES
Wednesday
Apr. 26
No par
Express Co
preferred
$3
38%
*65
74
*2%
Tuesday
f per share
38%
*65
Addressograph-Multigraph Corp__lo
Admiral Corp
1
Affiliated Gas Equipment com_-r-l
.1
$ per share
—5
new
Straus
35
Jan
Monday
Apr. 23
Par
Abraham &
Jan
Saturday
$ per share
May
2%
LOW AND HIGH SALE
STOCK
YORK
EXCHANGE
Highest
S per share
$ per share
38
76
NEW
Range Since Jan. 1
Loweet
Highest
t per share
FOR EVERY LISTED ISSUE
STOCKS
Range for Prerioaa
Exchange
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
Lowest
15
17%
15%
15%
77%
77 Va
77%
77%
78
78
<
*77%
79
39%
i
39%
39 Va
39%
39%
39%
39%
40 Va
39%
40
4,800
103 Va
102%
102%
102%
103
600
103
103
103
79
»"
120
*103
31%
31%
*5%
32
*77%
•5%
103%
32
32'A
*31%
32%
*31 Va
32'A
*31 Va
32%
800
5%
*5%
5%
5%
5%
5%
5%
800
103
'
Dec
42
14%
6% Dec
37
77%
Nov
35% Dec
3%
7%
Jan
3
6
% Jan
Jan
38% Jan
35
Jan
46
Jun
53
20%
Feb
26% May
Jan
5%
3
Mar 21
3% Jan
47
51
% May-
73
Feb
4
20
23
Jun
11% Feb
7
13%
Jan
19
Jun
15% Mar
1
26%
108
31
4% Jan
21
Jan
Dec
Jan
37% Feb
27
8
Feb
$7 2nd preferred A
47% Jan
15%
5 % Jan
Jun
15
Apr
21
80% Apr
28
$6
conv
20
Range Since
Highest
Nov
72%
Dec
151 "A May
94% Jun
Dec
10% May
6
12% Feb
NEW
Highest
t per share
11
14 Va Apr
81% Apr
76
Jan
3
6
Feb
15
12
20
7% Mar 14
3.90%
7%
46%
35
35
1
No par
com
100
7%
48%
*46
27 Va
27%
,
*46
47%
27
27%
29
30% Jan
19
American
4
101% Apr
14
4%%
5% Jan
Jan
32
YORK
STOCK
3
6% Jan
22
American
8
27
American
13
Amer
par
100
No par
Metal Co Ltd com_No par
100
Molasses
Co
12%
16%
*16%
17
*16%
16%
15
15'A
*80 %
83
15%
*80%
6
17
$ per share
13%
*ao
13%
81%
*6%
23%
*100 Va
6%
23%
101
6%
S per
13 Va
13%
13%
*80
*6 Va
23%
*100%
6Va
81%
6%
23%
92
92
92
77%
77%
78
16% May
11% Apr
22
14% Jan
7
169
Mar 31
23% Jan
38
Sep
46
Apr
38
Feb
46%
Feb
68
May
45
Jun
142
139
Mar
31
Mar
125
1
Nov
163%
35% May
140
10%
Feb
25
7%
preferred
Safety
American
Seating
11
41%
Feb
3
Amer
par
*39%
Apr
21
56% Jan
7
Am
par
45%
Feb
11
154% Jan
10
34 % Jan
5
39
130
Mar 31
Feb
7%
preferred
American
3
140
Apr
27
24
28
Jan
7
American
Steel
Apr
21% Jan
6
24% Mar 29
American
Stores
Jan
Mar 21
non-cum
12% Jan
13
American
25
37% Jan
10
126% Jan
17
xl6% Feb
28
147% Mar
158%
143
Jan
17
60% Jan
3
68%
144
Nov
Dec
Nov
90
Jan
24
51
Apr
20
63
Jan
7
Xll7% Apr
18
119% Feb
14
Jun
Apr
6% Jan
3
25 Va Apr
21
83
Mar 31
91% Mar 11
Apr
80
67
4
7
57% Jan
24
-
7%
Works
Woolen
Co
Anaconda
3
25% Jan
99% Mar 29
2
55% Jan
27
Jun
18% Feb
24
23% Jan
7
Apr
9% Apr
11
10% Jan
3% Apr
28
4% Jan
5
27 v Jan
3
30% Jan
28
6% May
Jun
For footnotes see page 26.
32
Apr
105
Mai
29
2
12
$4
&
Copper
*172
175
17%
144%
12'/a
175
147%
123
17%
145
9
35 Va
*120'A
*17%
144%
38%
*33%
*138
140
;
*172
7%
7%
28
*39%
45%
147%
147%
39
38%
140
140
*172
175
60
&
Oil
*140
Mining
Products Co
Inc
Archer-Danlels-Mldland
*23%
24 V8
2,000
23
23
23%
23 Va
23 Va
*23 Va
23%
23%
23%
1,400
9
9
35 Vs
35%
*120%
123
17%
*17%
144%
145
65
117
%:
8
87 %
75
5 Va
9
9Va
■
35%
123
*35
9
9 Va
36
36
*120'A
122%
17 Va
17%
*17%
144%
145 Va
144%
145
145
117%
117%
117%
130
x7%
7%
7%
7%
3,400
25'A
8
25%
25%
25 Vs
25%
8,600
87%
90
*87 %
90
70
*70
70%
5Va
5
5%
53%
*52
53%
51%
52
87%
70%
5
70%
5
200
200
1,500
40
30 Va
29%
30%
9,600
28'A
28 VA
28
28 Va
750
20%
20%
29%
*102
52%
*51%
20%
20%
20'A
*3'A
4,200
117%
80
*51%
*9%
53%
30'A
29
27%
53'A
28%
10%
3%
28
*9%
3%
27%
29 Va
:
*52
540
53%
28%
103
3%
5Va
7,100
53%
30'A
29
10%
5 Va
67%
140%
144%
28'A
-101
28%
70
16,300
66 Va
139 Va
140
30%
29
*9%
*87%
73
144%
66%
140%
66'A
66%
140
28'A
52
*3%
25%
90
*70
100
900
30
103
*28
25%
*87%
18
30Va
52
5
7%
8
18
1,300
1,500
23 %
*101
20
66
9
34%
120'A
18
17 Va
26
5%
9
34%
120 Va
53'A
21%
No par
8
9 Vb
36
121 Va
*120%
*52
54
No par
lo
10
23%
87'A
28
900
,
S-:'- .v"V-r.
24%
25'A
30
39.
142
160
24%
25%
30%
147
24 Va
117%
28%
2,000
24%
117%
28'A
38%
*140
9,400
24%
117%
30
39
142
147
7%
28%
24
117%
50
Corp
38%
38%
140
147
7%
28
24%
53%
No par
Co
147
147%:
53%
*52
175
4,200
53%
54
*172
1,100
1,400
11,100
45%
52%
*52
12 Va
45%
52 Va
_25
12
45%
52 %
5 Vs
77
45%
46
52%
5%
13,500
89
77
39%
*52%
5%
9%
89
>
*39%
14
1
700
39%
139%
*68
200
6
*39%
65%
73
40
Va
34%
39%
140%
25%
2,300
7%
64%
90
1,900
91
100%
28'A
139%
25%
6
7%
140'A
*87
3,600
81 Va
27%
64%
8
Shares
13%
7%
139%
117'A
175
the Week
share
28%
.
64%
*117% H8
9%
12%
148%
*08
com
!
Clayton
Anderson-Prichard
Andes
12%
12%
12'A
148%
No par
Cable
preferred
A P W
77%
12 Va
4 •''
90
77%
141%
Anchor Hock Glass Corp com__12.50
Anderson,
90
77%
46
100
8
50 Va Apr
12%
91%
71 VA
45%
9%
9%
91
78
4o%
35%
9%
9%
91%
64 Va
No par
preferred
$4 conv prior preference
Zinc Lead & Smelt
7
Jan
*120%
9 Va
10
9%
77%
45 Va
5
Amer
Wire
'
22%
•100%
91%
"./,»•
*140%
100
Inc
common
35% Jan
Jun
34%
Water
;
-
35% Jan
14
Mar
preferred
American
10
25
Viscose Corp common
29
36%
Feb
5%
9'A
*35
23 %
100%
34%
100
13
Jun
107
Sep
46% Mar
100
29% Apr
27% Apr
Jun
60%
98
Co
common
$5 prior conv preferred
Anaconda Copper Mining
41% May
Nov
Jan
6% Jan
American
Am
Tobacco
preferred
29
45 %
38%
7
Mar 16
6%
51% Apr
Feb
Oct
5
American
May
Feb
4flDec
17
70
30%
8
8% Mar 30
38% Feb
Jun
30
24*
;
112% July
8% Jun
Nov
18%
68% Mar 23
145
104
Dec
25%
American Tel & Tel
3
56% July
Dec
51
5
Jan
8%
No par
100%
'"*5%
45%
23
23
23%
101
6%
39%
23%
6
34%
39%
23%
*80
6'A
*5%
39%
38 %
81%
6
34 %
39%
.*24 V*
*80
6 %
40
*137%
13%
34%
28
24%
13%
*5 Va
7
38%
i per
34%
28
140
13%
galM tor
Apr. 29
6%
23 Va
*100%
Priday
Apr. 28
-6
7%
24%
Thursday
$ per share
34
28 Va
149
200
6
7%
No par
Co
34
28 Va
*38 Va
6
135
120
76% Mar
x5%
Jan
149
4,700
17%
81%
6 Va
23%
7%
*137%
Jan
Mar
*172
15 Va
81%
14
*80
101
28%
7%
28
25
Foundries
150% Jan
18
12%
100
preferred
American Sugar Refg common—100
7% preferred
100
American Sumatra
Tobacco
5
71% July
Feb
x33%
Jun
12%
9%
No par
com
Stove Co
9
6%
29
6%
Snuff Co
Jan
23% Feb
31% Feb
115%
100
Jun
120% Apr
Oct
No par
Ship Building Co
No
Smelt & Refg common__No
41
May
131% July
20% May
54 % Mar
5
Co
24%
Dec
46%
Razor
10
175
*172
American
116% Mar
16% Dec
131
100
12%
7% Apr 27
28% Mar 31
4
27
Dec
34%
175
8
35%
25% Nov
21
Jan
6% Mar
97/a
15
81%
17%
34
6 Va
92
800
15%
80%
PRICES
13Va
6%
23'A
*100%
101
77%
34
6%
17%
15
80%
$ per share
81%
*80
17
6'A
6%
15%
Apr. 27
share
13%
17%
Wednesday
Apr. 26
Apr. 35
No par
34
HIGH 0ALK
6%
83
15%
*80%
83
Tuesday
Monday
No par
Oct
15%
15'A
*80%
Sper share
$6 preferred
Jan
6
17
15'A
82
$5
Jan
800
76
14
12%
6%
*67
*12 5
14
28
8,200
12 Va
79% Apr
176
27%
76
94% Apr
Dec
900
48%
26%
*67
10
Feb
6%
*46
*12
11
6%
16%
27 VA
12%
25
162% Nov
48%
27
76
7% Feb
par
*46
*12
*6%
San'y com—No
47-%
*67
70% Feb
Amer Rad <te St
800
1,200
3%
76
83% Feb
X
600
35 Va
3Va
12'A
Jun
Feb
46%
*35
3%
*67
11%
12%
*45%
35'/a
*11%
*33%
No par
46%
3%
6
1
com
46%
12%
95% May
86% May
Light
7%
76
Feb
&
7%
27 Va
6%
300
7%
*35
3%
26%
800
53
6
Nov
Power
53
*11%
No par
preferred
1,400
52%
2
*67
6%
6%
% Nov
2,300
17'/a
*1%
12%
80%
69
16'%
17
76
*6
34% Apr
10% Apr
News Co
*16
17'A
1%
7%
46%
*46
17
*67 r
Apr. 23
Fdy Co com—No
52
35 Vb
3%
27%
1%
7%
46%
47%
26%
17
*12
Saturday
preferred
Feb
*46
*16
53
*35
3%
3%
LOW AND
preferred
96% Jan
Dec
7%
4Q%
Amer Machine <fe Metals
22% Apr
8%
Co
Amer Mach ds
Dec
35
*7'A
7%
3%
Par
July
Feb
7%
35 Va
*3%
EXCHANGE
35
Dec
*52%
54
47
S per share
98
5%
53%
*52%
3%
preferred
93
29
*52%
55
*53
35%
50
Ice
24% Mar
Dec
1%
47
Home Products
Jan. 1
Lewest
S per share
12 %
17%
1%
35%
3%
preferred
American
7%
16
17'A
1%
48
American
20
16
17%
1%
*35
6% non-cum preferred
100
American International Corp_No par
American Investment Co of 111
1
American Locomotive common
1
Jan
16
17 Va
*46 Va
lo
com____l
27
18% Jan
16
2
STOCKS
Year 1948
Lowest
Leather
&
24
102
17
16%
*1%
7%
6% Apr
12% Apr
4
17 % Jan 24
16%*
2
No par
preferred
6%
*16%
*5%
No par
American Hawaiian SS Co
American Hide
Range for Previous
tper share
___No par
75 Va Jan
5
Jun
16%
*1%
6
27% Apr
92
16%
9% Apr
5
Feb
European Secur
No par
Export Lines Inc
40c
Foreign Power com__No par
16%
American
Amer &
$7 preferred
3
Dec
American
5%
16%
4
Jan
Dec
5%
Apr
24% Jan
10%
16%
8
10
58
3
79
95%
Apr
2% Jan
3
Jun
43 % May
Dec
44
18
i
30'A
31%
31
*1Q1
103
101
101
52
52
52
20'A
20
20'A
10%
*9%
10%
3%
*3%
3%
27%
27%
28
*51%
19%
*S%
3%
27
31%
103
31%
32
*101%
103
52%
400
20
19 Vs
19'A
10 Va
3,900
10%
3%
27%
*9%
3%
3%
*26%
27%
•.
\
.•,.
"j
30
52%
v-
■H-
2,500
52'A
m
2,000 :
Hi
THE
(1892)
COMMERCIAL
STOCKS
Bang e for Previous
Range Since Jan. 1
Highest
Year 1948
Lowest
$ per share
23%
Nov
32%
101 %
23% Feb
Oct
Dec
Jun
6%
68 %
56%
88
Jan
Nov
13%
11%
56
Jun
115% July
18%
Dec
Apr
106
Apr 18
13% Mar 1
Jun
9% Apr
17% Aug
Dec
16
14
40
Apr 28
94% Apr 28
Jun
99 %
41% Feb
24
Apr 27
5% Apr
Jan
106
Dec
103
89
15% May
Dec
7
27% Jan
Armco
3
8
77% Jan
10
49% Jan
4
15% Jan
5
13% Jan
13% Jan
Corp
&
Co
11
Armstrong
$3.75
3
Cork
Co
11% reb
28
May
95
Apr
27
Jan
21
6%
87
Apr
12
98% Jan
27
7%
2nd
35
Jun
30% Feb
14
35% Mar
26
Jan
84
Feb
120%
96
Mar
107 %
7
Dry
Associates
9
26
103 % Jan
24
24
15
Jan
7
A T F
Feb
25
47
Jan
7
Atlantic
Atl
W
Dec
53
Feb
7
67
Mar-18
Dec
77
Feb
14
94
5%
Mar 18
50 %
33% Feb 24
&
Feb
Feb
114
May
106% Feb
14
91
Feb
99
Jun
94% Jan
6
98% Jan
Nov
25% May
20
Jan
4
23% Apr
14%
-No par
,10
common—1
,,5:9%
12 %
*98%
99
*91
92%
*91
45% Apr
27
58
Atlas Powder
7
106
48% Aug
99
114
Sep-
20
Oct
4%
6%
Jan
24%
9 %
Dec
12% Nov
xll
Apr
100
Feb
18% Apr 23
4% Feb 25
Jan
May
16% May
13% Feb
11
19
19%
.
Jan
5% Apr
11% Jan
5
Oct
6% Feb
-
4%
Feb
35%
Jan
13%
Jun
46
16%
Jun
13% Jan
Dec
10
17%
Mar
4
Atlantic
4%
35
Co
17
4%
Lines
Tack
Austin
Mar 24
8
Jan
7% Jan
10
3
14% Jan
15
12% Jan
7
Baldwin
8% Feb 24
11% Jan
7
16% Feb
24
22% Jan
T)'
(B
7
4%
Feb
20
Feb
24
25
Jan
7
Bangor
Feb
80 %
May
65
Mar 18
70
Feb
3
Conv
59
May
39% Apr 22
47% Jan
3
Barber
Oil
16
21% Jan
7
Barker
Brothers
40% Nov
Dec
Nov
9
:
45
Jun
37
Feb
31
Jun
45%
Dec
39% Mar
Nov
36 %
28%
16% Mar
157/8
Dec
23%
30%
Dec
Sep
90
16% Mar
69
Jan
100
41
Mar
Jan
10
Barnsdall
13% Apr
12
Bath
13
Apr 29
17% Jan
32
Jan
40
Feb
14%
Feb
34% Apr
37% July
20% May
10% Nov
19% Mar
Feb
Bayuk
Beatrice
12 %
Apr 27
20% Jan
8
Beaunit
Mar
75
Feb
3
Beck Shoe
10% Jan
21
Beech
Aircraft
28% Mar 25
32% Feb
4
Beech
Creek
34
17
37
Mar 30
xl2% Apr 28
10% Feb 14
16
Feb
1
13%
Jan
12
Bell
18
Bell
Jan
14%
Dec
24%
Jan
14 % Jan
28
17
Feb
90 %
Dec
103%
Jun
92% Jan
8
98
26
Feb
38%
Jun
31% Feb
Deo
21%
Jan
9%
21
Nov
68
Dec
86%
Dec
23%
Feb
25"
Feb
30%
125
Feb
Mar
26%
26% July
87% Mar
Feb
23% Feb
11
26% Jan
37% May
26
Apr 28
30% Jan
29 %
Apr 22
131% Apr 28
39%
Oct
139% July
Dec
37% May
14%
25% Apr
9% Feb
Jan
&
26% Dec
X13
Feb
9% Dec
13
Dec
1,300
1,000
38%
1,900
*61%
62%
62%
63
63
63%
64%
87%
87%
35%
87
87
34%
35%
108%
108%
97 %
61
63%
62%
62%
87
87
87
87
35%
35%
35%
35%
36
35 %
35%
86%
35%
108%
108%
*108%
109
108 %
108%
108%
97
97%
97%
5% May
11% May
73
1
8%
Loan
Steel
NEW
30% Jan
12
-
(Del)
25% Mar 30
27
Jan
18
Bohn
64
Jan
12
Bon
32% Jan
5
39%
39%
39%
39%
39%
340
43%
44'A
44
44
43%
43%
43
43%
3,000
13%
13%
■=;12%
13
12%
12%
12%
13
1,500
14
-
14
14
13
13%
3,800
40
39%
40
40
40
39
39%
2,400
92%
92%
92%
*91
94
*91
12%
92%
12%
12%
13%
13
13
*12%
92%
13%
1,500
73
*71
14
39%
13%
12%
13%
40
93
13%
39
*92%
72
72
74
70
72
c
9
8%
31
*29%
Bond
•
com—No par
15%
*96
•
•
32
98
2% Jan
13
17
8% Mar 30
47% Jan
16
3
27% Apr
23
25%
26%
*10
26%
10% Jan
21
31% Jan
10
99% Apr
8
22
3%%
4
Apr
Brown
Shoe
Feb
25
34
Jan
13
78% Aug
90%
Jun
86
Feb
17
21% May
Apr 26
12% Feb 15
91
12%
15
Mar 29
Bullard
Jan
Bulova
17% Mar 14
124
31% Feb
23
36
24%
Jun
13% Apr
19
18% Jan
7
97
Jun
78
Apr
14
92
Feb
10
21
77% Jan 25
8
7% Feb 26
Jun
89
14
10
2.50
*11%
?.
5
12
*33%
No par
35%
22%
*22
5
23 %
No par
57%
*27%
1
.
Jan
29
7% Apr 28
68% Apr 12
May
3
Feb
7
19% Feb
26
July
100% Feb
14
Jun
21% Feb
25
26
27% July
23%
77
Feb
11
10
16% Jan
7
8% Jan
26
121
7%
(The)
Jan
26% Jan
27
25
24
8%
247/a
600
■
25'A V
26
26%
30
131%
26%
24%
•
30%
131%
i
26
\.
27
10%
10%
600
PRICES
Wednesday
Thursday
Apr. 2 7
26
2G
5 per
%
Shares
share
26%
*26
1,200
14%
14%
14%
14%
14%
14
14
1,800
10%
10
10%
10
10'/8
10
10
3,500
*10%
11%
■
*10%
11%
*10%
11%
100
34
*33
35%
*33
35%
v:v;;. 40
21
21%
21
21%
5,000
22%
*23%
24
23%
24
24
24
57
57%
58
58
57%
57%
57%
57%
140
*28
28%
*28
28%
28
28
27%
27%
270
17'A
17%
17
17%
16%
17
1,900
41
41
3,400
43%
43%
6,300
•
17%
17%
40%
40%
40%
41
41
43%
*91%
44%
43%
44%
43%
93 %
93%
*91%
93%
*91%
93%
*1%
1%
*1%
1%
*1%
1%
*1%
*23%
1%
33%
33
41%
44
*1%
32%
33
600
93%*'
*92
-
24
1%
■
■
33
300
*7%
7%
7%
7%
6%
7%
7
7
1,100
36%
36%
*35%
37%
35%
35%
*35
37
6,000
*33
7%
37
8%
8%
*33
34
8%
.
7%
34
8%
-■
7%
7%
7%
7%
27%
27
27%
27%
27 %
27
27
26%
27
26%
24%
25
24%
24%
*24
24%
24 %
24%
24%
2.50
29%
30
30
30
30
30
30
30%
30%
24%
30%
30%
30%
101
101
101
5,500
26%
25
100
*100
No par
1
101 %
100
101%
26
26%
26%
9%
9%
26
9%
29%
15
26
29%
30
9%
9%
*100
101
101 %
26%
10
27
26%
10
9%
9%
31
*100
26%
9%
26%
30%
30%
*30%
*96
98%
*96
98%
*97%
98%
*97%
19%
19
19%
*18%
19 %
19%
19%
*18%
19%
_5
15%
15 %
15%
15%
15%
15%
15%
15 %
15%
15%
*121%
common
*96
122
*121%
30
122
30'A
*121%
122
122
140
27
4,300
10
2,300
30%
30%
*97%
98 %
*18%
19%
800
15%
v
*121% 122
122
800
1,500
101%
10
98%
19%
No par
2,200
,
26%
31%
98 %
No par
common
for
the Week
Apr. 29
$ per share
27%
27
Sales
Friday
Apr. 28
$ per share
43 7A
*8%
600
26
10%/
40%
37
32,200
2,400
26%
10%
HIGH SALE
27%
3,600
-
30%
133
25%
43'A
7%.
100
26 %
30
*131%
27%
common—_No par
Watch
1
Co
7%
8%
9%
9%
9%
9
15%
4,100
*121%
9%
65%
65%
65%
65%
*65
65%
*30
*30
30%
88%
14
100
1
•
33
13%
122
800
-\v7
20
i
14 %
8
—15
100
5
No par
participating preferred—100
Jackson
*7%
*69
3%
21%
30
30
30
30
*29%
30%
*29%
30%
86
86
*84
86
*84
86
*84%
86%
300
13%
14
14
14%
13%
13%
1,100
33
33
*32%
32%
14%
33
33
14%
11,800
801/2
*79
80%
50
33
13%
33
13%
14
78
75
*71%
74
*71%
73
*68
73
*68
8%
7%
80
3%
21"%
14
8%
*108
7%
70
*3%
21%
*101
14
14%
8%
8%
110
*108%
*72%
75
*72%
76
*72%
73
*68
73
*68
Xl4
22
14%
14
8%
8%
110
*108%
7%
.
70
3%
3%
22
22
8%
8%
109%
109
7%
7%
70
*69
3%
22
par
32 %
32%
50
55
*1%
55
1%
1%
1%
1%
1%
1%
1%
4%
20%
4%
20%
4%
4%
4%
4%
*4%
4%
*23
*79
3%
-
21%
13%
14%
8%
109%
*8%
3%
3%
1,360
21
21%
1,500
*101
102%
23 %
x32 %
32%
32
53
52%
1%
52%
1%
4%
*3%
32
x53
4%
23%
32%
32%
32%
55
55
55
180
69
21%
24
23%
30
1,400
69
102%
*23
23%
*101
5,900
1,700
8%
7%
7%'
7%
*101
102%
14
108%. 108%
70
102%
"
23%
1,300
73
14%
200
76
*68
7%
*101
L
73
69%
3%
3%
14
75
7%
22
14%
14%
80
102%
102%
32%
33
14%
*78%
69%
7%
70
14
14
14%
*101
23%
No par
Co
260
87%
78
14%
10,400
30%
14
110
9%
65%
13%
81
*68
8%
65%
'
87%
*78
*71%
*108
common—
13%
81
1
preferred
33
*78
Bldg 7% preferred—100
Copper & Zinc
Co (A M) common
Byron
9
66
*13%
Burroughs Adding Machine—No par
Byers
8%
*65%
*87%
—5
Inc
Bush Terminal
Butte
9%
66
100
pfd
preferred
4%%
*65%
No par
Corp 3.60%
Burlington Mills Corp common—1
4% preferred
100
3%% conv 2nd preferred
100
3%%
9
No par
Co
Butler Bros
4% Mar 30
38
400
*24%
100
Co
Buff Niag El
7
24% Jan
*37
77
98%
*91%
*33
900
*74
*96
*24%
preferred
Buffalo Forge Co
9% Jan
104
33%
7%
23
76
No par
$5
Bush Term
2
*32%
7%
23
5,000
97
—No par
preferred
Budd
4
Feb
1%
23%
6%
*73%
30%
21
40%
43%
95
6%
*96
132
34
17'A
5,000
10%
11%
17%
23%
20
32
26%;
223/8
23%
6%
6%
200
98
31%
10%
33%
28%
*96
V
25%
.
33%
58
40%
26 %
30
2 2'A
23%
98
1,300
25'/,
132
*10%
28
16%
32%
,
22%
57 %
900
*15%
76
*24%
■
1,500
12%
16'A
32
23%
13
12%
"
■
Feb
82
11
%
*96
31
97
97
35%
57%
17 %
*8%
22
23 %
*1%
No par
11
*33%
28
17%
43%
Co
common
Bucyrus-Erie Co
Mar 19
9% Mar 30
*27%
14%
10'A
Brass
Inc
27%
14
10%
5
2.50
America——15
Co
*26%
*15%
800
35
*12%
12%
7
*73%
} 26 %
12%
32%
6%
$ per share
14%
Inc
Co
$ per share
10%
$3.60 preferred
Brunswick-Balke-Collender
27
108 % Apr
32%
Apr. 26
14%
Union Gas
Bigelow
&
Jun
Jun
*96
7
*29'A
12%
60
8%
'*34%
34%
12%
98
16 %
Tuesday
Apr. 35
10%
A
Bearing
27%
Monday
ss
1
preferred
Brooklyn
40
Dec
*26%
No par
-
(The)
Brown
31
15%
$ per share
No par
Bristol-Myers
69% Jan
Dec
&
class
Roller
16
10% July
\
*8%
31
34%
Xl2%
30
71
71
16%
A
12
23%
26%
13
\
8%
*29'A
35%
13
„
■3%
31
35%
32%
23
23%
8%
*29%
*
97
"
6%
14
8%
31
32
7
—No par
-
Brewing Corp of
Bridgeport Brass Co
Briggs Manufacturing
*Briggs & Stratton
9
3
6
8%
LOW AND
Apr. 23
Braniff Airways Inc
10
9% Apr
•'.«Bower
17
Dec
Co
Co
11
Apr
13% Feb
:97
32%
6%
Saturday
.
B
Stores
Feb
73
13%
*72
16%
f23%
30
39%
*15%
*23
68
13%
>15%
10
•
44 3A
16%
STOCK-
YORK
Aluminum
Ami
Class
Feb
71% Apr
1,100
*15%
-^—100
(E W) Co
65
Jan
16%
12%
Par
x8 % Feb
Jun
16
12%
7%
$ per share
July
88
16%
39%
12%
7
com
EXCHANGE
75
100
16%
*11%
1
Highest
11% May
Apr
16%
10%
Dec
Dec
16%
13%
33 %c
preferred
Sep
72%
16%
25%
16
77
400
35%
Foods
24% May
124% July
Jun
40%
10%
Feb
120
40%
25%
103
8
40%
11
6
14% Feb
; ■
68
*40'/a
13
32%
700
*66
40%
35
98
68
40%
10
Appliances
*66
40%
25%
Jan
6
66
*40%
25%
33
16
*66
66
-
30
5
Jan
*
132
14
18% Feb
19%'
21%
29%
7
95
19
21%
131%
10
29% Mar 14
19%
21%
29%
Jan
Nov
5,700
19%
21%
131%
Jan
Aug
18%
21
9%
19%
29%
29
33% Aug
8,500
18%
20 %
9%
21%
'
131%
3?
99
6,100
9%
29%
3
23%
1,200
10%
9%
13%
10%
Feb
14%
10%
26%
29
Jan
14%
11
9%
29%
Apr 22
9
14%
10%
26%
7% Jan
Jan
14%
35%
-
900
9%
13 %
32%
20,300
41
*29'A
*96
6%
37%
14%
35%
•
6 %
37%
11%
13%
12%
100
6%
38 %
;;-:2i%
.
100
6%
*37%
38 iv:
14%
36%
.—5
6%
1,900
15%
11
9%
'—1
common
6%
38
200
6
5%
14%
9
13 %
*11%
36
'•
25"%
7
*14%
-
44
*8%
10%
26
6%
14%
*13%
*29%• 3l
—50
—10
1
*14
14%
16%
39%
9
25%
5
24 %
35%
*71
No par
Feb
Feb
pfd
13%
No par
17%
23%
.-100
-
14%
*6%
*131% 132%
26% Apr
Jun
4 %
93
Carpet
25% Jan
34% May
105
14
39%
*92%
*13%
Bigelow-Sanford
90%
Jan
14"
*39
-100
-2.50
Birmingham Electric Co
3
18% Jan
Mar
-
__25
11%' Mar 11
6% Jan
Sep
2% Mar
No par
common
35 % Feb
July
16
13%
40%
12 %
98%
45
13%
*91%
23%
73
39%
45
1
—15
15% Mar
8%
*39%
39%
5
Borden
Feb
17%
67%
t—50
.
Corp.:—
14%
14%
6%
15%
18%
16%
Borg-Warner Corp common
5
3%% preferred
-100
Boston & Maine RR (assented )_100
10% May
114
19
20%
40%
7
98
Feb
18%
6%
11
10%
20%
*66
*6
14%
6%
30
100
200
6%
6 %
38
*14%
•
14%
*6
*14%
6%
9%
6%
19%
*18%
19%
6%
37%
40%
5
29% Feb
Nov
67%
6%
*16%
Mar
Jun
43%
*66 "
Jan
Apr
Mar
11
9%
96
Jun
7%
14%
10%
9%
54
37%
12%
14%
11%
9%
41% Jan 26
101%
79
14%
10%
"
100
32% Jan 27
May
Oct
Dec
14%
—13
6%
*18%
15'%
Bethlehem
7
Feb
38
42% Apr 21
92% Apr 14
1 % Mar
9
66% July
96
Mar
38
19%
*6
14%
6% ;
*14%
2
38% Mar
Jun
Feb
16%
6%
38%
Bliss & Laughlin Ina
Bloomingdale Brothers
Boeing Airplane Co
Nov
29%
6%
38 %
6%
14%
*18%
6%
*14%
14%
6%
*14
16%
7
42%
81
*14
7
15
104
19%
*6
*6%
preferred
Indus
15
104
*18%
6
6
40%
8
87%
Dec
*13%
6%
.*102%
19%
7
18% Mar 30
Dec
6
1.04
33% Jan
5
30%
105%
*18%
136% Feb
16% Jan
Mar
*103 '
*102%
25
27% May
7%
105 %>
18%
24%
Dec
65
*103
104
25%
16%
120
104
18%
26%
4
Nor
800
*102%
*25 %
16
15
3,100
Best
Feb
Feb
21%
46'%
7
Apr 22
27
21 %
46
7
23% Feb
Dec
21%
46%
74
56
8%
21%
46
98%
23
92%
22%
46
74
Jan
25% Nov
21%
45%
16%
13% Jan
36%
22
46
98
Jan
Dec
340
21%
46
74-
96
Nov
97%
21%
46
99%
'
97%
97%
21%
46
40%
40% Jan
37% May
7%
97
700
270
***■.
21%
*98
51
25
97
700
5,200
46 %
*73
Dec
x27% Mar
97
109
4,000
21%
*13%
Black & Decker Mfg Co
Blaw-Knox Co
;
71
97%
*86
91
90 %
46%
74
Dec
Dec
*97
109
99%
57%
26
*108%
*73
30%
6% Nov
35%
100
*98
7%
101
88
-100
Bliss
Feb
*100
61
31% Mar 21
Apr 21
100%
88
19
12% Mar 18
20
100
100%
1
21 %.
14% Mar 30
42
100
10
Co
Home
Cum pfd
.
91%
38 %
18%
24
33% Apr
91%
38%
21%
25
11
91%
50
38
25
Apr 28
90%
240
900
33%
37-%
-100
8% Feb
Apr
Dec
91%
34%
4,300
37%
common—50
12% Feb
1% Aug
33%
34%
*90%
37
1
26
Sep
29%
32%
34
91
36%
Works
36% July
44%
34
13
97%
90%
34%
34%
No par
19% May
32% Mar
37% Nov
91
13
95
$3.25 ser of 1946-No par
$ per share
$ per share
19% Nov
Dec
96%
*90%
13%
98
92
12%
97%
*91
Cum pfd $4 div ser of 1948-No par
Best & Co
——1
Range Since Jan. 1
17% May
44% July
22%
13%
*95%
92
12%99
36%
21
Lowest
Highest
14%
13%
96%
12%
98%
STOCKS
Year 1948
t per share
13%
96
680
400
10
10
.
36%
Corp
Howell
Bange for Previous
Lowest
10
36%
RR—
Aircraft
4%%
26
*9%
12%
36%
No par
Beech-Nut Packing Co
Belding-Heminway 2
15
98% Apr
10
12%
Corp
Beneficial
Jan
78
5
*9%
Amer,
5
common—3
(A S) 4%%
5
24
4
10
100%
common
Co
Bendix
Jan
*9%
12
Bendix Aviation
93
July
10
15
100
100
No par
pfd
Mills, Inc—
7
73% Jan
102 %
Foods
11
Jan
'*9%
*14%
100
conv
34% Mar 30
30% May
•
Nov
9
11
6% Apr 13
21% Feb 24
15
12%
100
Cigars. Inc—
3%%
Mar 21
*14%
(Delaware)—-10
Works
20
7
15
99%
Oil, Co
25
5
*14%
91%
common
preferred
Iron
26
69
15
12%
preferred
Apr
4
*14%
91%
'preferred
Corp
92 % Apr
Jan
32%
4%%
3
260
15
5c
Aroostook
5%
49
8% Feb
30
&
4
15
95%
106%
*40
99%
of
Co
Ohio
87% Feb 25
Jan
22% May
Dec
&
non-cum
11'
Jan
9% Feb
43% May
80%
Apr 22
«95
*106
40
12%
Inc
13%
X20
94%
106%
40
12%
B
($1.20)
Locomotive
60
Feb
94%
106%
41
108
12%
—:
16% July
29 % July
31% Jun
15%
40 %
95%
106%
40%
'■>; 95 %
*14%
,
410
2,1(0
2,100
56
12%
A
common
Canteen
Baltimore
Babbitt
*55%
No par
Mfg Corp (The)
$2.25 conv preferred
10% Feb 24
56%
No par
Avco
Jun
18,400
56
12%
100
25
series
Corp
Co
Automatic
7
44% Jan
10,700
90
6%
6
xl2%
preferred-—;—-
prior pfd
Autocar
24
17% Mar 10
24%
89%
100
common
Nichols
Conv
24%
6
12%
common
series
$3.75
conv
Atlas
6 % Apr
25 %
90%
6
5
Jan
15
25
12%
100
preferred
preferred
Preferred
Jan
12 %
Shares
90
6 %
57%
56%
106%
for
the Week
share
25%
■
95%
*106
$ per
90
6
41%
95'%
106%' 106%
Sales
Apr. 2!)
No par
RR
Refining common
conv
20% Jan
24'
37% Apr 29
Feb
11%
7
29
Jan
7%
Dec
Nov
Jan
41%
92%
Atlas Corp
64%
xl9%
39
41%
95%
* 14 %
preferred
I SS
30
109 % Feb
41%
95%
100
Line
non-cum
102
July
57%
95%
Inc
G
57
Friday
Apr. 28
S per share
10
non-cum
5%
57%
5
Goods
Coast
Atch
6%
106%
90%
Feb
64%
42
6
95%
90%
98% Feb
81
42
57%
90%
36
Jan
57%
Topeka & Santa Fe com__100
12
Sep
*57
*34%
7
25%
89
34%
105% Jan
66
25%
90
34%
Jun
19%
62
25%
89%
6 %
10
Jun
Dec
Dec
24%
92
6
*106%
Inc
investment
87% Feb 24
Sep
25
91
—No par
preferred
July
13%
44%
'
Associated
24%
6%
No par
com
1st preferred
July
103
24%
91%
6
100
Carpet Co
106
May
24%
Thursday
Apr. 27
$ per share
*'91
No par
111
19
.
Wednesday
Apr. 26
$ per share
5
No par
preferred
Artloom
Tuesday
Sper share
100
com
$4 preferred conv
Arnold Constable Corp
Doc
98
Apr. 25
$ per share
__10
com
Illinois
of
87% Dec
i*12% Mar
Monday
Apr. 23
preferred
conv
Monday, May 2, 1949
LOW AND HIGH SALE PRICES
Saturday
$6 conv prior preferred
21
99% Feb
110% Jan
Steel
4%%
Armour
CHRONICLE
V
STOCK
YORK
Par
26
Feb
7% Jan
95
FINANCIAL
EXCHANGE
$ per share
$ per chare
$ per share
89
NEW
Lowest
Highest
&
400
23%
23%
*31%
32%
52%
52%
1%
1%
4,600
4%
23%
4%
5,100
C
27% Mar
40%
Jun
30
52
54%
Sep
52% Apr 29
1% Apr 26
4% Apr 27
Jun
1%
5
Dec
Dec
21%
Dec
3
May
8 % May
31% May
9
Nov
101%
NOV
119
37%
Dec
44
14% Mar
10
38
\r.
18
15% May
Jun
Feb
Feb
9% Jan
104% Jan
May
37% Jan
xl9% May
16% Jan
Mar
is
Mar
47%
For footnotes
.v
see
Dec
7
36% Jan 26
58
California
5%
Packing common—No
Apr
18
1% Jan
7
Callahan
5% Jan
6
Calumet &
22%sJan
10
12% Feb
4
109% Mar 21
40
preferred
Zinc-Lead
Hecla
Cons
Copper
5
Campbell W & C Fdy
No par
Can Dry Ginger Ale com
1.66%
$4.25
Canada
conv
preferred
Southern
Canadian
Breweries
11% Mar
Apr 27
18% Apr 11
14% Jan
7
Canadian
Pacific
40% Jan
45
Cannon
page 26
Jan
24
1
Mills
Ry
Ry
Co
Ltd
11 %
No par
*106%
-_100
*39
*18%
No par
25
No par
11 %
107
32%
*54
*20%
11%
*106%
21
11%
107
20%
11%
106%
20%
11%
107
39%
*39%
/40%
*39%
40%
18%
*18%
18%
*18%
18%
12%
12%
43
43
12%
*42%
.
20%
20%
20%
11%
11%
11%
106 %
106 %
*106','4
40
*18%
20%
11%
•
20%
7C0
,
70
20%
600
11'A
4,500
'
11%
107
107
107
20
20
40
*39
40
*39
40
18%
*19
18%
*18%
18%
12
12%
12
12%
42%
42%
42%
12%
12%
12%
12%
12%
43
42%
42%
42%
42%
*42%
18,300
5
600
Volume
169
Number
4799
THE
COMMERCIAL
NEW
Range for Previous
Year
Range Since Jan. 1
Lowest
Highest
$ per share
Feb
18
%
Apr
56
3%
Sep
48
100 %
May
Aug
8% Mar
Feb
110%
20y4
Dec
32
30
Dec
41%
Nov
July
Jan
15
50
53
4-5
Mar
100% Mar 24
Carolina
Clinch & Ohio Ry
;
Power
27 :
Carrier
30% Mar
130
Feb
Nov
68
22
Feb
39%
97
Feb
105
Feb
140
123
22%
6
Feb
4
17
37 % Jan
14
Jan
52
16
7% Jan
24:
32% Feb
131
14% Apr
34 % Apr
4 '
7
Corp
Conv
&
(J
11
140
% Feb
7
60
23% Apr
22
July
97
Apr
23
May
120
Apr
22
131% Jan
6
7%
5
26% Jan
7
% May
Jun
18% Mar
Mar 12
Apr
13
32% Jan
7
105
-
Mar
7
108
Jun
May
74
.
2&%'
29 %
29%
Apr
6%'Mar
8% Mar
11% Mar 14
3
3% Feb
6
9
15
May
Dec
11
Jun
18%
Dec
28%
Apr
17% Feb
15
12%
Nov
20
May
10% Feb
11
24%
Feb
33
Jan
28
27
17%
Feb
26%
Jun
23% Apr
20% Feb
10
24% Jan
7
90
Feb
100%
Jan
92
97% Mar
4
7
7%
Dec
*97%
121%
121%
120
19%
19%
5.100
.J.6%
-1-6%
200
16%
16 Vb
1,500
9%
9%
3.000
Aguirre
Central
of
'17%
17%
*17%
17%
16%
16%
16%
16%
4%-
9%
1
pfd
100
16%
16%
**7%
108
*79
81
*79
12% Apr
20
11% Jan
21
Central & South West Corp com_5
Central Violeta Sugar Co—
_9.50
Century Ribbon Mills
No par
*10%
26
30
19% Mar
1
28 % Jan
7
Dec
45%
Jan
31% Jan
3
34% Jan
7
Jan
79
Jan
Feb
3
4
Feb
5% Jan
21
8% Feb
11% Apr
Chain
6% Apr
Jun
May
Dec
90
4
Feb
9
7%
Feb
July
17% July
Nov
14% May
9
6
Jan
12
4% Mar
7% Feb
10% Apr
9
13% Feb
25
18 % Jan
7
15% July
Jan
7 % Feb
24
10
Jan
8
3% Feb
11
5% Jan
7
9%
7% Mar
30
11% Mar 30
Feb
12% July
22% July
Jan
7%
9
85
Jun
13% July
Apr
41% July
24
8% Jan
7
Mar 23
33% Jan
23
13%
Dec
10% Feb
25
15
Jan
7
33 %
Dec
49% July
29 % Feb
24
36 % Jan
8
26
Dec
40
May
25
11
29% Mar 30
49% Mar
57
Jun
49% Jan 20
23% July
Feb
25%
Feb
42%
Sep
28% Feb
45%
Jan
72%
Oct
64% Mar 16
10
2%
Nov
44%
Oct
31.:
Feb
.
4
63 % May
43
,
5% Jan
Apr
27
Apr
:
29
60
7
Jan
A
Rock
Conv
Childs
7
Co
5%%
42
Jun
32% Feb
13
36
Jan
8
Chile
65%
Jun
50
Apr
14
58
Jan
7
Chrysler
Jun
26% Apr
25
29% Jan
24
90
Nov
97% Jan
4
103% Feb
11
101% May
May
48% July
7%
Dec
10
27 '
Feb
11
42% Jan
3
6% Feb
25
X20
Jan
75%
Dec
84%
Apr
80
Feb
4
24%
Dec
33
Jun
25 V:
Jan
3
15% Jan
27% Mar
176
21
Jan
176
88
34%
Feb
105%
Jan
111%
22%
Nov
105
Oct
May
38% Aug
July
80
i
16% Jan
24% Mar 17
49% Apr
6
8% Apr
16
83
Apr
29% Jan
5
Dec
Mar
9
5%
3
34%
Apr
23
Feb
10
25% Jan
26
Cleve
108%
Jun
105
Jan
11
20
5'/o
Cleve
106
Apr
4%
cum
Year 1948
134%
Dec
60 %
1332
31
x87
183
Dec
63%
1332
Dec
%
Jan
Jun
July
45%
Jan
Apr
Sep
96
15
Nov
16
Feb
25% May
26% May
NEW
Range Since Jan. 1
Lowest
$ per share
July
$ per share
130% Feb
3
60% Jan
6
1075
Jan
29% Feb
89
5
25
152
Jan' 12
10%
10%
10%
10%
10%
10%
10
10
10
*16%
16%
16%
16%
7%
9%
16%
7%
8
10
34% Mar 24
24
3%
24
24
'7
241/4
13%
13%
13%
13%
13%
13%
13%
34
33%
33%
32%
33 %
32%
32%
1,600
27
27
27
27 Vb
27%
27 Va
27 VB
1,000
*53
55
*53
55
531/2
53%
$'53%
55
*53
3%
*10%
14%
3%
3%
46
3%
31% May
Jun
IT
Apr
10% Jan
29,
14%
4
12
Apr
13
Columbia
Gas
Sep
13% May
7% Feb
10
10
Apr
13
Columbia
Pictures
49
Dec
78 Va
Jun
48% Mar
2
54
Apr
14
$4.25
28%
Dec
3 7'A
Apr
29
25
32% Jan
13
Columbian
20% Apr
18
21% Apr
21
Columbus &
So
Combustion
Feb
28% Jun
21% Feb
11 V
25% Mar 10
46% Feb
25
Jail
12'
3
43
*34
35%
34%
200
12,800
.
45
560
34%
140
50%
51%
50%
50%
22,600
27 Vb
27 V*
27 VB
•27%
27,500
102%
*101%
*101%
Co___ 10
*22%
_No par
48%
101%
101%
101%
*101%
102 %
22 %
22%
22'A
221/2
22%
22%
22%
22%
22 VA
22 Va
1,100
48%
49
49
48
48%
48%
48%
48%
*7%
48"%
48%
49
(5,300
*7%
8
*7%
83
*'81%
*28%
28%
*17%
20
*26
*150
100
18
*28%
*17%
26%
180
*72
102
23
*81%
100
*34
*26
*150
80
*72
8
*7%
8
7%
83
*81%
83
*81%
28%
*28'A
28%
18
26
180
80
*70
80
*72
38%
38 %
38%
38%
110%
110%
110%
110'/a
com„—_ 1
*23%
23%
*23%
23%
*23%
*106%
gtd
103
17
-50
*67
68%
*67%
68 %
*67
50
*39
40
*38
40
100
<83
*28 Va
29
.171
17%
900
26%
-
26%
26 %
•'100
600
180
*150
180
75
*70
:„75
*70
38%
38%
38%
110'A
110'%
110 %-
110%
110%
250
23%
23%
23%
23%
23 VB
23%
600
108
*106%
108
*106%
68%
*67
63
*38
40
*107
108
*66%
40
.
7%
*7%
.*81.V4
*110%
38%
23%
*38
240
38%
38%
111
*106%
*150
75
,
,
'
.
17%
26%
26
*150
7%
*28% v29
17%
8
26
180
38%
*106%
16
26
102
*81%'.83
r
28%
*150
*110%
108
7 Va,
83
28%
17%
17%
26%
180
101 Va
102
39%
39
9,400
108
68
*66%
*38
40
*14%
14%
14%
14%
14%
14 Vb
14%
14
14 Vb
13%
<29%
*29%
29%
*29%
29%
29%
30
30
30
29%
30
*4%
5%
*4%
5%
4%
4 Vs
*4%
5%
5
*4%
5
23%
23%
23%
23%
23%
22%
23%
140
=>138%
71%
140
*71%
23
72
138%
138%
71
Saturday
Monday
Apr. 23
Apr. 2~t
$ per share
134
1331/2
63%
*62%
134
*132%
62%
63
31 VB
31%
92
92
31%
%
*1030
31%
$
,
i
133%
63 Va
133%
63 Va
133
63%
63 %
—
72
200
32%
32%
Sales
Shares
*132%
133 VB
400
62%
62%
140
33%
4,200
*1030
32%
33%
31 %
31%
91
91
*90 Va
92
*90 Va
15%
16
15%
16
15%
15%
15 VB
15%
4,100
15%
15 Va
15%
15%
15%
800
17%
18
"
*91
92 Va
15%
lo%
*15%
14%
16
15 7 8
15%
15%?
17%
17%
17%
17%
17.
17%
17%
18
*17%
18%
17%
17%
18
18
17%
*9%
;
10
*
10
9%
for
the Week
share
$ per
63 Va
*1030
*1030
32
Friday
Apr. 29
Sper share
per share
*132%
133%
10
*70%
Apr. 28
Apr. 27
$ per Share
'
Thursday
Wednesday
Apr. 26
*1030
72
200
1,400
140
SALE PRICES
Tuesday
$ per share
*70%
2,500
*138%
140
72
2,200
•
23%
23%
23%
*138%
*70
HIGH
*23%
140
*138%
71
*4%,v;.
W'
"20
14
29%
14
—
68
39 Va
~
*15%
-
92
*90 %
20
92
17%
17%
24,700
18%
*17%
17%
17%
17%
1,800
10
9
9 Va
*9%
9%
*9 Vb
9%
20
*9%
10%
9%
9%
9%
9%
*9%
10
*9%
10%
*9%
10%
*9Va
10V4
*9%
10%
18 Vb
18%.
18
18.%
17%.
18
17%
18 VB
18
17%
17%
17%
17%
17
17%
1,900
1,(500
10%
10 Va
10%
10%
10%
54,500
9%
97/B
10
55%
?53
/'9%
:
Engineering
18%
:
■
3%
3VB
45%
27%
—20
Feb
3 Vb
45
46'
51%
Ry com_—100
Nov
45%
35
Corp com—No par
7%
14%
1-400
27
preferred
22
200
3,200
,,
51
—No par
17% Apr
55
35
—5
^
32 Vs May
13%
30%
3'A
3
46
46
LOW AND
Dec
3,500
100
51%
STOCK
Dec
.2,900
27 VB
71%
18% July
17% July
23%
35%
100
Southern
23%
26%
preferred—
Iron
conv
24%
24
27
*1030
Fuel &
24'/a
50%
*62%
5%
24%
24%.
800
26%
133%
Colo
;: 3,300
50%
Internat
Colorado &
6%
35%
14%
24
6%
33%
3%
*15%
Jan
6%
26%
___5
Jan
6%
50
No par
12
6%
..
*34
Aikman
19
6%
700
.
50%
Colonial Mills Inc
19% Jan
4%
27%
Collins
2
*3%
27%
35
2
4
*3%v
4'A
26%
2
8 % Mar 22
4%
£0%
7
17% Mar
*3%
13%
35
19% Feb
15% Jan
7%
8.50
17% Jan
Oct
*7%
—2.50
93% Feb
Oct
7%
33 Vb
46
8
Jun
7%
27'A
46
17
22%
7%
13%
46
Mar 22
18%
7%
11
Jan
Dec
8
15
*138%
preferred
1,000
16 Vb
*14%
No par
&
3,200
10
16%
*10%
A
$3.50
10%
10
16%
14%
xl3% Feb
15
10%
10
16%
33
54%
Corp—No par
Colgate-Palmolive-Peet com__No par
Coca-Cola
10%
10
16%
*10
33
27%
(The) common_No par
Class
5
10%
10%
16%
.
13%
13%
100
10%
36%
Jan
90
Jan
Xl6/
53% July
Nov
-
2%
104
July
29% May
Feb
!90
Dec
25
3%
Nov
*8 Va
106
Apr
29% May
11% May
Dec
27%
Dec
36% July
Dec
32
4
Sep
6% May
21
Mar
25 Va July
103%
May
25
13% Jan
8
4%
non-cum
1st preferred
100
*9%
10%
9 %
9%
Mar 18
11% Jan
10
4%
non-cum
2nd
100
*9%
10
%
*9%
"10%
24% Jan
10
Columbia Broad Sys Inc cl A_—2.50
17%
17%
18
9% Apr
9
95
Apr
14% Apr
Oct
x24%
3
Jan
89% Jan
18,
3
3
23%
52
Jan
10
Mar 17
100% Jan
31
17% Jan
7
3% Apr 26
100% Mar 18
Class
B—
cum
2.50
*17%
18
18
18
18
10%
11
10 7 8
11
10%
*9%
preferred
Carbon
No par
w w
Co__„;.
Ohio Elec
Inc
Commercial Credit
No
Co
new_5
14%
& South com__No par
$6 preferred
3
27% Jan
7
11
9% Jan
8
Conde Nast Publishing
30
Feb
1
11
27
Apr
28
4% Jan
21
Consolidated
23% Mar 30
108 %
Dec
X106
Apr
6
107% Feb
10
Jun
12
Feb
10
14 % Jan
8
12% Jun
8
Feb
23 J
Consol RR of
Dec
51
Dec
Dec
10%
29%
Jan
x40% Apr
12
Sep
11% Feb
23
21VaJan
3
15 % May
10% Jan
Dec
15% July
x7% Mar 24
7%
Nov
16% Mar
29%
Dec
«'8%
'
98% July
100
Sep
33%
8% Feb
7
7:
6%
Consolidated
35% Apr
20
Consumers
30% Jan
,3
103% Apr
27
108
105% Apr
20
108% Mar 25
42%
Jan
33
Feb
7
37% Jan
22
99 % May
95
Jan
7
97 % Apr
5
Mar
8
98%
15
15
5
Stores
Inc_
1
:_10c
Aircraft
1/
Power Co com__^_No par
$4,50 preferred
—No par
VB
Oct
10% Mar
17% July
13 Vb Jan
3
15% Jan 21
84 Va Mar
92%
85
/ Jan
5
91% Mar 12
29% Nov
40
May
31% Jan
3
36% Mar 30
92 % -
Oct
99 u July
97% Jan
11
99% Mar 21
8%
Nov
13 Va May
48% Mar
64%
Sep
Oct
8% Mar
56% Feb
For footnotes see page 26.
26%
8
7%
%
22%
49%
50
49%
50
98
98
98
99%
15
15 VB
15
15%
3%
3%
100
100
99%
26%
26%
8
3%
3%
.
99 Va
8 VB
;
27%
27'%
27%
*
26%
26%
26%
*26;
3 %
3%
3%
3%
3%
3 Va
3 Va
22%
":
27%
22%
22%
22%
22%
22%
22%
22%
106%
106%
106%
106%
106%
106%
106%
106%
106%
*12%
12%
*12%
12%
12%
12%
12%
12%
12%
*9%
9 Va
*9 V4
9Va
Va
*9
9%
*9
3
9
Va
Va
r
*27 VB
28
27
27
7
9
Inc
Continental
Diamond
24
63% Jan
19
Continental
Insurance
4,800
22%
22%
106%
106%
106%
12%
*12%
12%
9%
*9%
9%
19
19%
18%
19 VB
17%
18
17%
17%
11%
*11%
11%
11 %
11%
7%
7%
7%
7%
7%
11%
11%
11%
HVB
11%
!
35 VB
35
11%
35
*11%
35
35VB
35
*11%
-i
35
7%
7%
10%
11%
10 %4
35%
104
104%
103 Va
104%
104
106
106
106
105 Va
105 Va
*105
comj_20
34
34
*96
97%
33 Va
*96
33%
97%
33%
*96
33%
97%
No par
*13%
13%
I334
13%
13%
13%
No par
*90
90%
90
90 Va
90
90 Va
33%
33%
33Va
32%
33
*98
99 Vb
100
8%
62
*98
99 Va
8%
8 Va
8%
8%
61 %
61%
61%
61%
*33%
96%
13%
*90
32%
*98
*8%
61
11%
*7%
35%
35%
1,400
; r
7%
11
-13,300
1,200
1,000
100
1
20
11%
*61%
3%
19 Va
*7%
10
700
3 Va
20%
*11%
*8%
27%
42
7%
33%
27%
42
11%
*38
2,300
26%
27
42
11%
5
14,800
7%
41 Va
105
—20
2,600
26%
41%
106
No par
100
26%
7%
=
41%
104%
Fibre—
104,000
42%
106
common
7
3%
41%
7%
560
3J300
42
11%
V
15 Va
41%
104%
$3.75 .preferred
9vb Jan
99%
2,400
50
100%
42
*11
35
3%
3,500
"1=500
23
*26%
27%
3% V: 3%
22 %
22%
106
Continental Baking Co com
$5.50 preferred
8
8
2S%
■.
15
99%
26 Va
8
26%
27 Vb *;
49%
100%
3%
26%
26%
8
104%
preferred
Can
*99%
26%
21%
*22%
21
23%
No par
:
Container Corp of America
Continental
100
21%
22%
21%
:100
$4.52' preferred
4%
8
3%
3%
21%
31 Va
28
"
90
3%
3,500'
2,800
30%
30%
'
10
55%
30%
30%
*26
19%
Consolidated
Dec
49%
98%
15%
*53
*27%
pfd—_100
Consolidated Textile Co Inc
Vultee
48%
99%
15
8
*41%
7
Jun
Dec
*8
15
8"
106%
5
Corp—_1.33%
13
Retail
50
99
15
98%
No par
Grocers
9% Jan
12% Mar
49%
100 %
26 %
preferred
Cuba
23
55%,
21%
23%
26%
Consolidated Laundries Corp__
12% Apr
106% May
35%
$5
Consolidated
21%
>23%
99%
Consolidated Natural Gas
37%
.19
9% Apr 18
46% Mar 5.
20%
23 Va,
26%
par
of N Y com_,_No par
xl8 Vb
Dec
21%
23%
99%
Coppermines Corp,
Feb
8 %
21%
—_25
Tnc—No
Congoleum-Nairn Inc——No par
Cigar
:
:
No par
Consol Edison
29%
3%
Consolidated
3% Apr 20
21% Feb 25
29%;
*54
29%
3%
Commonwealth Edison Co_
7% Feb
29
29 Va
55%
29
No par
series
25 Vs Jan
26% Apr
25 % Feb
*54%
10
9%
50
*99%
Commonw'lth
55%
10
23%
50
100
9%
21%
23%
Solvents————No par
10%
9%
29%
*21
10
common
55
29%
par
'
10%
9%
*53%
9%
*53
No par
;
preferred
Commercial
18
No par
Inc.
80
4
common—No par
System
Superheater
3.60%
preferred
11% Mar
,
10%
11
ccm__—No par
20:
,
10%
*53
——1
20%
i
1,500
*10%
Co'7%
9%
<
10%
14%
stock—-
YORK
Coca-Cola Co
9
Jan
Feb
Nov
10%
33
Par
63% Apr
1075
Feb
11
10%
11
$ per share
12%
22%
10 Va
EXCHANGE
Highest
16
9%
10%
STOCKS
1
Highest
$ per share
10%
i—
2nd
Range for Previous
Lowest
10%
*14%
8
28
10'/8
*10%
138% Jan
82% Jan
10%
14%
27
Apr 26
200
1,200
*10 %
11
Clopay
71
4,900
10%
14%
30% Feb
92 % May
V
32 VB
83
4%
—100
preferred
32
*82%
83
*4%
11
i
Peabody & Co
32 3/8
4:i/4
*10%
common
Corp—
32%
*82%
200
*4%
*14%
22% Apr
Dec
83
1,500
4%
*27%
Climax Molybdenum
No par
Clinton Industries Inc____——;
1
75%
32%
83
*20
4%
14%
12
7%
32 Va
83
130
6%
20%
6%
6%
20
4%
11
19
13
32%
6%
20
4%
*14%
preferred
Apr
32%
*82%
*10%
20
141
6%
19%
4%
io
■
3% Jan
July
6V2
19%
32%
83
—No par
15% Jan
147
b
6%
20%
6
66%
30% Jan
Feb
321
%
*19%
2,100
95
31 VB
1
137
6%
20%
6
700
21
21
*93%
66
3
2
%
*19%
24
*23
30%
3
36"% May
94
31
12% Jan
Cluett
21%
94
67%
25% Jan
Dec
21'
94
*65%
12%
27%
21%
94
67
17
4 VB Mar
21V4
95
31%
26
Jan
23%
21%
95
66 %
Feb
Jan
23%
21%
95%
30%
Jan
10%
24%
21%
66%
73
35 %
23%
24%
21%
31
43
Nov
6,000
66%
13
Dec
11%
30%
21
Dec
10%
66 %
Apr
4%
11%
4%
_100
RR
11
30%
preferred
Pitts
11%
11%
24
8
66
33% Jan
23%
■;
*
Illuminating com__No par
$4.50 preferred——
—No par
&
1.600
11%
2,000
11%
25
Special gtd 4%
18%
17,600
10%
30 V8
78 %
68 %
18%
12%
30 %
Dec
May
18%
12 %
*10%
24
,*82%
*9%
par
Nov
47% May
18% Mar
18%
12'A
10'A
66%
com
Graph Bronze Co
18'A
1,100
4%
*16%
100
Louis Ry Co com
non-cum
18%
24 %
39
.
c.
Cleve Elec
3
18'A
24%
Clark Equipment Co
85
*7%
6%
7
•42% Jan
7%
6%
8
112% Feb
*7%
6%
18% Jan
16
10%
23%
10%
5%%
Feb
12%
10%
*7%
6%
30% Jan
Apr
5
36% Mar 21,
12%
10%
23
11%
*94
10
81
*79
4%
cCity
109
81
24%
66%
____
City Investing Co
107%- 107%
11%
100
Elec
*79
600
4,800
xl2%
6%
preferred-
& St
32%
83
108
'":•
8%
6%
4
77
32%
*82%
7%
*106%
81
400
15%
*7 Vb
18%
6%
20%
15%
7%
10%
4
69%
.
*6%
15%
30%
Cincinnati Milling Machine
I T Financial Coid__
C C
21%
95%
15%
18%
*24
4%
Co—No par
C
C
18%
*19%
1
&
V
200
12%
4
26
25% Mar
*7%
<
; preferred—-L—————100
Products Corp——No par
City Stores—-:—.
1—
5
27
July
Jun
4%
10%
8
*4
7%
:
-
108
4%
A__
series
Corp
Gas
12%
10%
*7%
4%
Co_
Copper
12%
10%
*3%
common
Cincinnati
Jun
43
RR
:
7%
0%
*4
-
23%
4%
preferred—{
29%
Jan
Pac
12%
;
Nb par
Chickasha Cotton Oil—.
Feb
Nov
&
x9 Viz
99
24*%
100
Chicago Yellow Cab_V—^
Nov
19%
Is
'
20
2,400
11,200
24%
*3%
preference
preferred
81
23
97 %
16%. ...loVr"
9:'A—
15%
*79
*79
*22%
8
vtc
*
121
4 Va
*106
No par
P vtc
preferred
convertible
50%
36%
Paul &
108
81
24%
21%
V
*106
*7%
Chicago Pneumat Tool com:—No
23%
'
St
j*
7%
22%
18%
n%
*94
_40
—
Chicago & Northwest com—No par
5% preferred—
100
Chic
19
3
Milw
Series
20
12% Feb
25
Chic
21
16% Jan
Feb
/
A
9%
"4 Va
"■■■
15%
10%
*24
;
Chic Ind & Louis Ry Co class A__25
Class B
No par
74
Jan
.
Chicago Corp (The).,
j
1
Chicago Great West Ry Co com—50
5% preferred
50
$3
14
Oct
Class
17%
7%
7%
22%
' 8
11%
3%% convertible preferred
100
Chic & East 111 RR Co comt.No par
53% Apr
34% Jan
10% Apr 22
15%
Feb
Mfg
1.25
Chesapeake Corp of Virginia5
Chesapeake & Ohio Ry common—25
28
19% May
4% Apr
July
14%
24
No par
Cab
17%
16%
7%
108
12%
12%
5
i_l
Co.:
,16%
23%
*7%
18%
.
Checker
7
5% Feb
;
Champion Paper & Fib com—No par
$4.50 preferred
No par
8
76%
15%
Belt
7%
*107
•
5
Copper Corp
.
*106
26
Products—
16 %
~"T%
10
4%
*4
121
•"
%
28
pfd—100
Jersey
9%
9%
4%
*4
9 % Feb
Corp 3.40%
17%
16 Vb
9%
4%
20
16%
9%
19%
16 Va
17 %
*16
20
*17%
*17%
99
121
20
19%
.
137
121
19 %
5
Co
135
*97
19%
Co
Light 4%%
Pasco
97%
19%
7% Jan
de
*120%
19%
22 %
Cerro
97%
121
120 %
19%
Ry Co vtc
No par
preferred series B vtc
100
Certain-teed
98
121
120%
Ga
RR of New
*96
97
137
20
Sugar
Central Foundry
*135%
100
L
preferred
136
No par
:
common
1100
31%
3.400
97%
preferred-.
Corp
tCentral
25% Mar
400
33
121%
97
.
2nd
Central NY Pr
8% Jan
32%
33 Vb
700
6%
24%
19
Mar 17
6%
57
20
18
*
33%
35
*33
137
Jan
Jan
33 V8
7
24%
11% Jan
:
33%
14
14% '
35
*6%
56%
35% Jan
6
33 Vs
14 Va
*33%
,
*135%
84
11
33%
14%
57%
12
21% Jan
7
14 Va
25'A
24
13% Jan
35
*6%
24%
Apr
'
*33%
6%
500
56%
21% Feb
8% Mar 29
14%
34
6%
4.000
*133%
III
Dec
6,300
14l/4
33%
6%
163
28%
,29%
25%
Hudson G & E Corp—NO par
7%
80
14%
14%
33%
104%
58
5%
10%
Nov
29%
*103%
137
Central
397/B
28%
30
104 %
%
Central
83
28%
29%
*103%
24%
7
Jan
28%
30%
14%
136
5
Oct
28^a
*6%
33
7
7%
104'A
2'8Va
*29%
33%
33
8
Mar
*103%
6%
32%
Jan
110
104%
14%
25
7% Apr
4
104% Jan •.'3
~
33%
13%
*6%
24 % Jan
29
'/.../ "103 %
57 %
5%
Dec
28%
30
104
25%
Central
Nov
28%
30
56%
11
6%
28%
30
2.700
24%
21
100%
103%
28%
100
7%
55%
18% Jan
9% Jan
55
6%
24%
17
15 %
13%
*52%
7%
57%
16% Mar 15
Sep
*12%
55
24%
16
Jun
13Va
*52%.
7Va
56%
Feb
11%
*12%
55
7 Vb
24%
Jan
38% July
13%
*52%
7%
58
18%
12%
*12%
55
7
136
20%
Dec
13%
*52%
24%
Dec
Feb
*12%
7%
57%
Dec
Dec
13%
55
*135%
17%
6%
*12%
103%
*33
Shares
.—100
16
5%
the Week
share
No par
Jun
22.%
$ per
for
Sales
Apr. 29
*52%
1
common
Friday
Apr. 28
$ per share
I per snare
Celanese Corp of Amer ccm__No par
$4.75 1st preferred;
No par
34%
Jan
Co
$ per share
28%
50
Thursday
Apr. 87
12=%
*29
10
.
series
Corp
7%
preferred—
Caterpillar Tractor
Feb
Mar 16
common
$ per share
7%
.
17
PRICES
Wednesday
'
" 103%
100
5
General
I)
Celotex
147% July
Light-
preferred 4%
Carriers
Case
&
SALE
Apr. 26
7%
No par
Carpenter Steel Co
7 '
HIGH
Tuesday
Apr. 25
55
12%
*52%
Carolina
May
x50
l
1
AND
Monday
$ per share
10
29
43 %
Jun
common
35 % Jan
Nov
52%
class A
29% Mar 29
30
Dec
Capital Admin
$3
preferred A
Capital Airlines Inc
17
12% Jan
35 %
Feb
Par
•%%:%•' '
13
Apr
19% May
Jan
108
1
6
Saturday
Apr. 88
26% Jan
Dec
9
17
Feb
Apr
"
•=""V
(1893)
RECORD
LOW
STOCK
29 %
12%
6% Mar
Jan
8 %
23
YORK
STOCK
CHRONICLE
;
EXCHANGE
t
$ per share
12% Mar 23
5% Feb
NEW
Highest
$ per share
$ per share
11
YORK
STOCKS
1948
Lowest
&; FINANCIAL
3,400
5,400
300
600
16,900
35%
2,000
530
104
104
104%
105%
105%
106
220
33%
33%
33%
34
1,400
96%
*96%
97 %
97
97
13%
*13%
13%
13%
13%
92'/a
*90
92 Va
90
90
34
30
1,800
180
Si
32 V*
32 %
32 Vb
33
9.9%
99 Vb
99 Vb
99 Va
99%
8%
8%
8%
8%
8%
600
61%
61%
61%
61%
61%
1,700
33
,
..
7,800
200
16
COMMERCIAL
THE
(1892)
NEW
$ per share
23%
Nov
32%
101 ya
23 '/a Feb
68%
Dec
41% Feb
88
Jan
103
Nov
13%
liy4
Dec
Dec
27% Jan
27
95
Feb
77/a Jan
8
77% Jan
10
28
49 ya Jan
21
56
Jan
56%
40
Jun
99 %
Jun
Apr
94% Apr
115% July
18%
Apr
106
28
4%%
1
15y4 Jan
Arnold
9% Apr
7
13 % Jan
Artloom
17% Aug
May
11% Feb
28
95
Apr
27
87 %
Dec
106
May
July
87
Apr
12
98% Jan 27
26
Jan
35
Jun
30% Feb
14
35 y2 Mar
103
6%
21
Jan
120%
Sep
87% Feb
24
105% Jan
7
107 ya
Jun
98% Feb
26
103 y4 Jan
24
Dec
19%
Jun
12
Feb
24
44%
Dec
62
25%
Jan
64 ya
Dec
66
Sep
81
Dec
80
Feb
50% July
102
Feb
91
47
25
Feb
36
July
15
67
Jan
A
7
Jan
Feb
Feb
14
9*
Mar 18
24
39
Jan
7
109% Feb
4
17
7
T F
5%
4%
99
Jun
94% Jan
6
98 % Jan
25% May
64% Apr
Jan
4
23% Apr
27
58
J an
Atlas
Feb
7
106
Jan
18% Apr
23
Oct
114
14
20
Jan
24%
100
Jan
9 ya May
Dec
12% Nov
106% Feb
•4% Feb
16% May
25
95%
95%
106 %
106%
*14%
*9%
14%
*14%
common—1
4%
*91
10
com__100
RR
Mar 24
Conv
13% Feb
11
Dec
19
Jan
5% Apr
29
NOV
19 %
Jan
11% Jan
5
Feb
7%
Oct
6% Feb
24
7% Jan
7
Jun
37 % Apr
29
44% Jan
10
Babbitt
Jan
series
35% Jan
46
13%
Feb
16%
Jun
13% Jan
3
14% Jan
15
Dec
17%
7
91 %
90%
34%
91%
101
12%
12%
12%
12%
36%
36%
36%
36%
37
37%
*61%
63%
62%
62%
92
*90 %
">'-34
33%
91%
50
38
38 y8
4,000
12%
38%
38%
\
900
91
100%
12
12%,
240
91
90%'
99%
12%
•
4,300
33%
100
99%
37%
62 y2
96%
91%
12%
61
400
13%
*95%
34
>
Xl2%"
>
10
13%
96%
*90%
91%
*100
100%
10
13%
96
91
34%
91%
90%
10
15
12%
34%
100
100%
260
680
*14%
15
*9%
92
34%
95%
106%
4-
,
1,300
1,000
1,900
62%
63
63
88
87
87
87
87
87%
87
87
35%
35%
35%
36
35%
35%
86%
35%
87%
35%
35%
34%
35%
5,200
100
*108y2
108Va
108 ya
*108ya
109
108%
108%
108%
108%
108%
270
97%
97%
97%
97 Va
100
preferred
Corp
18%
700
97
97
97
97%
340
21%
21%
22
21%
22%
21%
21%
21%
21%
3,100
46
46
46
46
45%
46
46
46%
46
46%
800
104
*103
105 y2
*103
105%
*102%
18%
*6%
15
*18%
104
*18%
19%
*6
6
14'/a
*14
7
*13%
6%
104
*102%
19%
6
15
5c
104
.*18%
6 y4
Amer—5
Mfg Corp (The) common—3
conv preferred
No par
700
21%
104
*13%
No par
Co
109
64%
97
6
par
63%
21%
46%
46 y2
*102ya
No
*86
97%
21%
100
common
109
*97
-
No par
;
of
90%
100
10
12%
61
No par
common
Automatic Canteen Co
Avco
90%
*91
*95
*106
88
A
prior pfd ($1.20)
Autocar
24
35
2,100
94%
35%
100
common
$2.25
8
17% Mar 10
92%
*34y4
40%
*40
2,ICO
106'/4
*14%
-97%
95
410
18,400
56
94%
13
13
-
*55%
40
10,700
6%
—25
preferred
Nichols
*91
100
36%
1
common
13%
98
92%
12%
•
12%
97 y8
56%
40
15
*9%
10
12%
99
34%
100
No par
*9%
10
12%
6
6
Shares
106%
106%
*14%
98%
56
41
95%
95 %
106
15
12%
90%
100
*9%
.40%
95 y4
25%
90%
6
57 >/8
56%
106%
*14%
15
6%
6
41%
95%
*106
99
34y8
5
conv
10
12Va
*98 ya
100
Line
41%
95%
106%
$3.75 series B
Atlas Tack
57%
41%
41%
42
57
95%
100
preferred
Powder
Austin
6 % Apr
15
conv
Preferred
20% Jan
42
57%
57%.
*106'A
Atlas Corp
45% Apr
Sep
4%
57%
10
Refining
Nov
20
6%
*57
Investment Co
non-cum
Atlantic
May
99
Xll
90
6%
—_5
Goods
Coast
114
48% Aug
4%
25
90
Inc
Feb
xl9%
25%
89
No par
Atl G & W I SS Lines
Mar 18
53
77
33% Feb
25%
90
preferred
2nd preferred
Atlantic
7
25%
89%
No par
Atch Topeka & Santa Fe
5% non-cum preferred
Feb
Mar
24%
92
6
No par
:
Associates
96
90
25
91
No par
com
9
84
24%
89%
24%
6%
1st
1%
24%
24%
91%
for
the Week
$ per share
6
6
Sales
Apr. 29
$ per share
$ per share
6%
Friday
Apr. 28
$ per share
No par
Corp
Carpet Co Inc
Dry
Thursday
Apr. 27
*91
Constable
Associated
13% Jan
19
111
PRICES
Wednesday
Apr. 20
5
com
$4 preferred conv
Dec
13%
Cork Co
preferred
$ per share
24y2
-**"
-
■
$ per share
10
Illinois
of
SALE
Tuesday
Apr. 25
«
HIGH
AND
Monday
'
100
com
preferred
Co
Armstrong
$3.75
98
12% Mar
&
$6 conv prior preferred
110% Jan
13% Mar
Jun
Corp
conv
Armour
99% Feb
18
Apr
Steel
Armco
3
16
14
15 ye May
106
Par
26
Apr
5% Apr
Jun
24
89
Oct
Dec
67/a Dec
LOW
Apr, 23
Monday, May 2, 1949
RECORD
Saturday
$ per share
$ per chare
$ per share
CHRONICLE
'
EXCHANGE
Highest
Lowest
Highest
89
STOCK
STOCK
NEW YORK
Range Since Jan, 1
Year 1948
FINANCIAL
YORK
STOCKS
Range for Previous
Lowest
&
6%
*14%
19%
*18%
6y„
*6
14 y4
14%
6%
6%
6y«
6%
*6%
15%
*14%
15%
14%
200
*14
14%
14%
6%
38
14 %
'•
63/8
■/
"38
6%
14%
6%
*14%
4\6%*
6%
38 %
100
*6
6%
14%
6%
37%
6y4
38
6%
5%
6
*14%
v*
200
1,900
.
15%
100
6%
6%
6%
6%
20,300
*37%
38
38
30
19%
6%
14y2
6%
*14
*18%
19%
*6
'
38 y4
97%
38%
37%
37%
900
B
liy8
10% Feb
24
12% Jan
16% July
8% Feb
24
11% Jan
Feb
15%
Jun
Mar
10
29 ya July
16 y4 Feb
24
22 % Jan
24
25
13%
Feb
31%
Jun
20
Feb
60
Feb
80% May
65
Mar 18
59
39% Apr
40% Nov
x20
Dec
May
28%
16
Jun
22
Jan IF
45
Jun
37
31
Feb
45 y4
Dec
39% Mar
9
Nov
16% Mar
Dec
23%
Jan
30%
Dec
43 %
May
60%
Sep
90
16% Mar
69
Dec
32
22% May
100
Jan
25
12% Apr
Jan
69
5%
Brothers
Mar
Jan
10
Barnsdall
12
Bath
4%%
17% Jan 20,
Apr 25
5
75
Feb
Bayuk
10%
9%
,•9%
14%
>14%
14%
14%
14%
14%
14%
14%
14%
1,200
11,
11
11%
10%
11
10%
10%
6,100
9%
9%
9%
9%
8,500
18%
5,700
"
18%
19
21%
J
100
21%
11
-
10%
r
9%
18%
39"%
39%
45
45
1
13%
13%
r
19
9
9%
9%
"
pfd
Mills, Inc_„
*
14
18%
19%
19%
19%
19
19%
18%
21%
21%
21%
21%
21%
*20%
*66*
67%
68
*66
68
"40%
40%
>40%
; 40%
40%
40%
*40%
40%
*16% V 16%
16%
16%
16%
16%
16%
*39% 7-41"-.
39%
39%
39%
39%
43%
44%
44
44
12%
13
12%
44
14
*39
_100
4
66
44%
.
*13% ,13%
66*
:
*66
93
39
*13%
13%
^100
4
*71
73
40%
16%
16
16%
39%
39%
39%
39%
340
43%
43%
43
43%
3,000
12%
12%
13
1,500
,
13%
14
13%
14
14
14
13
39'%
40
40
40
39
39%
92%
92%
92%
*91
94
*91
92%
12%
12%
12%
13 %
13
13
*12%
13%
72
72
74
70
72
1
'
8%
9
*8%
„50
s
*29%
31
*29%
400
13%
40
92%
,
*71
30
40%
39%
93
"12% •'13'/a
*
pfd
i
"v
700
68
*66
"
14
r
*92%
:_2.50
:
Beck Shoe (A S) 4%%
13% •; 13%
21
40
13%
39 Va
*92%.
=
9%
21%
i
20% "20%
"
;
conv
Beaunit
16 %
*
5
Corp.:
Inc.J
No par
Co common
__25
.
67%
40%
16 Va
50
,
Works
Foods
40%
*66
1
10
.
Oil. Co
Cigars
3%%
3
11 Va
9%
—10
common
preferred
Iron
Beatrice
92% Apr 26
20% Jan
8
preferred
Corp (Delaware)
Oil
Barker
40
27
Mar
Conv
Barber
41
29
14%
10%
100
'
49
4
87% Feb
Jan
Apr
14%
14%
«'
__13
common
preferred
-100
Aroostook common—50
&
13% Apr
15
13
Feb
Works
Ohio
&
non-cum
Bangor
21% Jan
4
9% Feb
4%
1
Locomotive
Baltimore
47% Jan
Apr
36% NOV
15%
70
22
Baldwin
Jan
T)' Inc
(B
73
*72
•
:
4
71
1,100
3,800
2,400
>
30
1,500
71
60
1
8% Feb
30
Feb
34%
32%
Feb
37% July
14%
Feb
10% Nov
20% May
19% Mar
14%
24 y4
Dec
90% Dec
26
Feb
38%
Nov
68
Dec
86% Dec
23
ya Feb
25
Feb
30% Feb
125
Mar
26%
9
Dec
Nov
17
37
Corp
ttR
:
Beech-Nut
Packing
12-
Bell
Aircraft
17
18
Bell
&
92% Jan
,
8
31% Feb
11
6% Apr 13
21% Feb
24
73% Jan
4
93
Jan
5
16
98
Feb
1
Feb
Mar 21
Co
Belding-Heminway
*
4%%
10
i
Co
Bendix
24
Jan
5
78
Feb
15
Home
Beneficial
Cum
:
13%
*11%
12%
12%
12%
16%
15%
15%
*15%
*96
98
Loan
11 '
26
28
30% Jan
7
29% Apr 22
131% Apr 28
33% Jan
7
Bethlehem Steel
136% Feb
2
(Del)
7%
1
98
32
*23
23%
*73
74
*73
99%
26%
23
*
23 %
23
26 %
26%
•25%
24%
25
26%
26%
26%
26%
com__No par
29%
29'/8
29%
29%
_100
*131%
132 %
131%
131%
25%
,25%
25%
25%
25%.,
10%
10%
25% Apr
21
31% Mar 21
preferred
Bigelow-Sanford
Carpet
No par
9% Feb
25
11% Mar 11
Birmingham Electric Co
No par
•
10%...10%
*10
,
•v
.
29%
132
_
Range for Previous
STOCKS
Year 1948
Lowest
tper share
26% Dec
xl3
Feb
9% Dec
13
Dec
Range Since
Highest
36 y4
Jan. 1
Lowest
Sper share
July
26
Apr 28
12% Feb 24
19% May
14% Sep
8% Feb
Saturday
$ per share
30% Jan
12
14% Mar 30
12% Mar 18
Apr
21
13% Jan
33% Apr
26
40% Jan
Par "
Black & Decker Mfg Co
Blaw-Knox Co
Bliss (E W) Co
Bliss ds Laughlin
No par
32% Mar
19% Nov
29%
Apr
20
Feb
7
25% Mar 30
22% Dec
57% Dec
37% May
Bloomingdale Brothers
Boeing Airplane Co
23
Apr
22
27
Jan
18
Bohn
96
56
Feb
16
64
Jan
12
Bon
32% Jan
5
11
Jan
8
7
Inc
Aluminum
Ami
Co
&
class
30% Dec
51
Jan
23% Feb
4
16%
27% May
16% Jan
5
18% Mar 30
Bond
44%
38% Mar
7
41% Jan 26
Borden
21
54
Jan
7
Borg-Warner Corp
14
96
Mar
5
Dec
37% Nov
Jun
42 ya
Feb
66 y4 July
87%
Nov
96
1% Aug
32% Dec
ey4 Nov
26
Dec
7% Dec
x27% Mar
25
Nov
25% Nov
92%
Oct
15% Mar
42% Apr
92% Apr
May
5% May
42
1 % Mar
32% Jan
27
6% Jan
3
25% Jan
5
47% Jan
10
7 % Jan
3
9% Apr
16
26% Apr
29
Apr 22
367/b
Jun
34% May
37% Jun
101%
24 %
29% Feb
Apr
98
23%
Jan
18% Jan
Dec
Sep
12% July
33% Aug
3?
Jan
7
Jan
10
33
Jan
6
14
103
Feb
16
3
&
Brown
Shoe
99 % Apr
8
22
4
Aug
95
Jan
6
Nov
18% Feb
16
Sep
7%
65
Dec
Mar
30%
Dec
14% Feb
120
16
x8 Va Feb
11
9% Mar 30
65
Feb
17
69% Jan 31
40
27
Feb
Jun
78% Aug
90%
Dec
29%
Feb
21% May
43% Jun
16%
Dec
17% Mar 14
Feb
11% May
75
July
12%
81
8
Apr
24%
Jun
25
124
34
Mar 19
Jan
13
15
Mar 29
Bullard
36
Jan
11
Bulova
13% Apr
Jun
15
19
18% Jan
7
17
Jun
78
72%
Apr
14
92
Dec
100
Jun
71% Apr
21
Apr
77% Jan 25
88
Jan
73
Feb
Jun
Mar
8%
10% July
114
Dec
Dec
15% Jun
Dec
79
73
89
2% Mar
16
98
17%
Mar
%
Jan
23%
Feb
'Apr
13% Feb
105
35%
40%
52
Dec
5
Dec
21%
9
29
68% Apr
3
19% Feb
Mar
Mar
12
7
26
14
21% Feb
25
Jun
8% Jan 26
121
Feb
4
9% Jan ' 7
82
Feb
2
4% Mar 30
24% Jan 27
104
Jan
25
26% Jan
24
30
Feb
26
36% Jan 26
52% Apr
1 % Apr
Sep
May
8% May
3
29
58
26
4 Va
15% May
13
Feb
28
100% Feb
31%
38
7
Jun
Nov
14% Mar
16% Jan
July
Dec
101% NOV
37% Deo
8
26
54%
Jun
10
600
•27
2,400
26%
25%
26%
26
10%
10%
10%
10%
10%
10%
600
i
S per
Sales
for
the Week
share
Shares
26%
14%
14
14
1,800
10
10%
10
10
3,500
57%
11
*37
*8%
No par
27%
No par
*24%
2.50
29%
100
*100
26
•
,__i
9%
i-
29%
*96
19%
common
5
15%
*121%
common
No par
9
No par
*65%
1
11*
11%
11%
*10%
11%
*10%
33%
33%
34
34
*33
35%
*33
35%
40
22 %
22%
21
22%
21
21%
21
21 Va
5,000
23%
24
24
24
57
57%
58
58
57%
57%
*28
28 %
*28
28%
28
28
17%
17
17%
57%
58
28
28%
17%
17%
17%
40%
38
40%
17%
40%
*10%
17%
17%
•
8%
40%
40%
41
43%
43%
44%
43%
93%
*91%
93%
*91%
*23%
41
43 %
*91%
44%
93%
*1%
*33
7%<
37
*8%
1%
*1%
33%
1%
>33
7%
*1%
34
40%
17
41
41
43%
93%-
**92
1%
3,400
43%
6,300
93%
*1%
33
140
270
1,900
323/4
1%
33
300
8%
67/b
7%
7
7
1,100
36%
37
7%
36%
*35%
37%
35%
35%
*35
37
6,000
8%
8%
7%
7%
8%
27%
27%
27 %
27
27
26%
25
24%
24%
*24
24%
30
30
30
30
30
30%
101
101
101
7%
7%
*100
101%
26
26 Va
26%
9%
9%
26%
101
27
24%
30%
30%
*100
101%
•
26%
27
%
10
9%
9%
26
5,500
263/4
2,200
24%
800
30 %
303/4
1,500
*100
26%
9%
10
.
7%
26%
24%
24%
9%
27%
16%
7%
24%
9%
573/4
27%
600
7%
27
26
24
100
>7%
27%
30
11%
57%
?
41%
33
34
*23 3/4
44
*1%
1%
*33
24
43%
*91%
25
101%
1,200
*10%
57%
43%
26%
22 Va
28
95
*26
35%
23%
7%
';
22
23%
33%
No par
*33%
23 %
7%
15
Apr. 29
14%
*32%
common
Friday
Apr. 28
$ per share
26
5
No par
Thursday
Apr. 27
$ per share
14%
10%
2.50
common
*26%-
Wednesday
Apr. 26
$ per share
27%
1%
15
Tuesday
fper share
10
*1%
101%
140
26%
27
4,300
10
10
2,300
29%
30
20 VA
30%
31
*30 ya
98%
*96
31%
30%
30 3/4
98%
*96
98%
*97 %
19 %
98%
*97%
19
98%
*97%
98%
19%
*18%
19%
19%
19 Va
*18%
19%
*187/a
19%
15%
122
9%
66
15%
30
30 Va
15%
15%
15%
15%
15%
15%
15%
15%
*121%
122
*121%
8%
9
87b
9%
9%
9%
9
*65 %
9%
66
65%
65%
65 Va
65%
*65
*30
65%
122
122
122
*121%
122
*121%
1
15%
122
800
800
4,100
20
8%
9%
10,400
65%
65 %
260
Co
200
Mills
30%
30%
30
30
100
30
30
*87%
88%
*29%
87%
303%
*29%
303/4
87%
86
86
No par
*84
*13%
14
86
*84
86
13%
13%
*84%
86%
14
14
14%
33
33
13%
13%
33
1,100
33
*32%
33
33
1,300
pfd
Co
Watch
*30
Inc
Corp
5
common
4% preferred
3%% conv 2nd
33
1
13%
100
Butte
Copper & Zinc
Byers Co (A M) common—_No
participating preferred
Byron Jackson
Co
13%
13%
14
143/a
11,800
*78%
80
*79
801/2
*79
80%
50
*72%
75
*72%
76
*72%
76
73
*68
73
*68
73
*68
73
14%
Xl4
*71%
*68
73
*68
g
*108
.
#7%
*69
5
3%
21%
par
100
*101
No par
23 Va
8%
110;
*108
7%
80
3%
21%
8%
14%
14
8%
14%
8%
*
110
108 %
14
14
8%
110
8%
*108%
14%
,
8%
109
'
7%
70
*3%
21%
300
75
74
14
32%
14
81
14%
33
14%
32%
78
*78
*71%
73
14
13%
81
*75
14%
14%
78
*78
*68
1
Bush Term Bldg 7%
preferred—100
Butler Bros common
15
4%%
preferred
100
33
*71%
>
preferred—100
preferred
100
Burroughs Adding Machine—No par
Bfish Terminal
3%%
7%
32,200
133
25%
y
3,600
30%
*131%
7%
7%
3%
'7%
69 Va
70
69%
3%
22
22
102 %
*101
102%
23%
*23
23%
*101
23%
7%
70
3%
3%
22
22
102%
*101
23%
*23
7%
70
3%
22
102%
24
14%
14
14%
14%
"
137/b
14
5,900
8%
8%
*8%
8%
109%
109%
108%
108%
30
7%
7%
7%
73/8
1,400
*69
3%
21%
*101
23%
70
3%
•
69
*3%
69
1,700
180
33/4
1,300
21%
21
21%
1,500
102%
*101
102%
23%
23%
23%
400
C
27% Mar
1%
Feb
7% Feb
Jan
10
77
108% Apr
7% Apr
4% May
27% July
Feb
6
26%
'
30
131%
14 %
(assented )_100
Buff Niag El Corp 3.60%
Burlington
26
30%
27
100
Co
26%
131%
*600
10 %
43%
$5 preferred
Buffalo Forge Co
23
77'
Nov
(The)
26
30
26%
30%
132
100
24%
14%
*91%
preferred
26
97
7%
1%
Budd
24%
400
27%
5
No par
Apr
12% Feb
Feb
,
No par
Bucytus-Erie Co
25%
900
77
98%
10
_100
preferred
31% Feb
Mar
12%
$3.60
*24%
^
14%
23%
__15
common
Inc
26%
*96
*27%
17%
40%
Blgelow
Co
23 4
*74
97
25%
30
20
5,000
14%
*27%
Brunswick-Balke-Collender
86
91
5
No par
preferred i
Brooklyn Union Gas
Brown
23
*73%
*96 v.
76
97
132
6%
10%
12
3%%
10
:
23%
6%
5,000
27%
22%
Brass
Bower Roller Bearing Co
Airways Inc
Brewing Corp of America
Bridgeport Brass Co
Brlggs Manufacturing
Briggs & Stratton
21
23%
76
>
200
'
14
35%
Braniff
31% Jan
Jan
23%
6%
32
10%
*22
(The)
3
9
6%
31%
14%
*33%
preferred
29% Mar 14
9
7
98
*96
>
32%
10%
1
Co
27%
*11%
5
;
Inc
Bristol-Myers
V"
98
32 4
14 Va
No par
A
Boston & Maine RR
*96
32%
1,300
10%
.
No par
Co
3%%
$ per share
2.50
B
Stores
27% Apr
10% Jan
99
120
17
8% Mar 30
29
23%
24% May
124% July
35% Feb
5
17% Feb
Not*
13
Jun
90% Feb
15
2% Jan
10% May
71
Feb
11% May
Feb
8%
27
9
Class
Apr. 25
*26%
No par
1
17% May
44% July
Monday
Apr. 33
1
EXCHANGE
25
98
900
12%
16%
LOW AND HIGH SALE PRICES
NEW YORK STOCK
Highest
$ per share
12%
,*15%
*24%
V
800
1,500
13
*12%
,
97
30
.
131%
12%
12%
16%
*73%
25%
11
1%
8%
31
35
*15%
23%
98%
25%
X12%
*8%
*29%
>34%
,.12%
6%
"
»
"
8%
31
34%
12%
32%
74
98 :-
13
34%
16%
*96
23%
74
99%
*29%
'
7 > •1
74'-
"
13
12
32%
.6%
8%
;
35%
16%
.
97
32
31
35%
13 %
97
**.
7
*98
*25%
13
32%
6%
*98
,
1946_No par
23% Feb
*96
32 %
7
10
com
ser of
32%
•
33%c
13 % '13%
8%
*29%
16%
Cum pfd $4 div ser of 1948-No par
Best & Co
;
__1
Best Foods
1
14% Jan
;
12%
5
Indus
8%
.
35%
-
13%
••
100
_
Appliances
pfd $3.25
8%
31
35
*15%
98% Apr 26
26% Jan
7
Apr
8%
*29%
35%
35%
*11%
1
Bendlx Aviation
7
36 Va
10
common
preferred
11
36
,'__1
Corp
Howell
347/8 Mar 30
Jan
9
31~
Mar 30
13% Jan
July
30 ya May
37 ya May
Oct
Jan
14
102 y4
39%
Creek
28
26% July
87 ya Mar
139% July
37 y4 May
Aircraft
Beech
28
Jan
21
Beech
4
14% Jan
Jun
21%
21
32% Feb
Xl2% Apr
10% Feb
Jun
9% Dec
10% Jan
34
Jan
103 ya
7
28% Mar 25
Apr
May
18
Feb
7
22% Jan
10
9% Jan
3
104% Jan
5
37% Jan
3
y
Deo
Calumet & Hecla Cons
Copper
6
Jun
is.
Callahan
5% Jan
May
47%
7
27
44
*19% May
18
Apr
119
12% Feb
4
109 % Mar 21
40
Apr 27
16 Va Jan
8
18% Apr
11
11% Mar
4
14% Jan
7
40Vi Jan
a
California Packing common—No
par
5%
preferred
50
Apr
1% Jan
act
.To n
OA
Zinc-Lead '
Campbell W & C Fdy
Can Dry Ginger Ale com
$4.25
conv
preferred
Canada Southern Ry Co—.
Canadian Breweries Ltd
Canadian
Pacific
Ry—
1
32%
32%
55
1
55
*1%
1%
32%
*54
1%
5
4%
4%
4%
No par
20%
20%
*20%
1.66%
11%
*106%
No par
100
11%
107
32%
55
32%
53
11%
*
106 %
1
20%
39%
*39%
40%
No par
*39%
18%
*18%
18%
*18%
18%
12%
12 %
12%
12%
12%
12%
*31%
32%
52%
52%
70
1%
1%
1%
1%
4,600
4%
4%
4%
4%
4%
5,100
20%
20 %
11%
11%,
20%
11%
11%
106%
106 %
40
40%
*18%
25
32
52%
1%
20%
11%
107
*39
32
52%
1%
*4%
4%
20%
,11%
107
X32%
X53
1%
4%
4%
'11%
32%
55
1%
21
*106%
32%
55
..
"
1%
40
*
*106% 107
203/b
11%
700
203/8
600
11%
4,500
107
107
*39
40
*39
40
18 %
18%
*18
18%
*18%
12%
12%
12
12%
20
183/4
12
12%
20
18,300
600
THE
Number 4799
Volume 169
COMMERCIAL
Range for Previous
Lowest
Highest
$ per share
$ per share
11
Feb
18
48 V2
Apr
56
3y8
Sep
100%
Feb
26 'A
Dec
32
30
Dec
41%
May
Aug
8% Mar
110%
Nov
$ per share
Jan
17
53
Feb
1
$3
Apr
6
Capital
.Feb
7
Ohio RyJ..
j.100
—No par
carpenter Steel Co
5
Carrier' Corp common
10
8 Vo
100% Mar 24
108
29 % Apr
13
35 % Jan
29
27
7
19% May
12% Jan
4
30% Mar
4
Jun
lavvaJuly
Feb
130
May
...jPctj
24
14% Am
34% Apr
7% Jan
32% Feb
14
37 % Jan
6
131
Jan
68% May
Feb
97
Feb
123
"
Feb
11,
23
140
7-
Jun
105
July
140
May
% Apr
97
Apr
*
17
Carriers
Case
23
Mar 12
1
*
105
Mar
&
(J I)
7
$4.75
131% Jan
6
7%
26% Jan
7
Jan
16 % Mar 15
18% Jan
11
Feb
16
17
21
34%
Jun
18 % Mar
17%
Dec
20 %
16
Dec
18%
17
$ per
*12%
...
13%
55
13%
*52%
t
Mar 16
6%
Feb
11%
Sep
9 % Jan
3
5%
Dec
12%
Jun
3% Feb
9
22 %
Dec
38% July
15% Apr
67/a
Dec
8% Mar
Jan
4'%
General
Co
series—
*12%
13%
*52'A
55. '.••'■ -
1st
preferred-
Central
11% Mar 14
Aguirre
104'A
104 %
163
28'A
28'A
28%
23%
28 3A
28'A
28%
4,000
30
30
29%
29%
*29'A
30'A
29%
30
29%
29%
500
14'A
14 y8
14'A
14'A
14%
14%
34%
14'/a
6,300
33%
33%
33%
33%
34
■
>
*103'A
6%
*6%
33%
33 'A
*135'A
137
56%
*135'A
55%
57'A
58
56'A
57%
24%
25'/a
24%
25%
24%
25%
97%
*97'A
121%
136
136
58
56%
57%
24%
24%..
24'/a
24%
97
*6%
136
*96
98
121
97
120'A
121
,
137
*97
..
20
19%
19'A
19%
*17%
17%
*17'A
17%
*17'A
17%
*17'A
*16
16'A
16'/a
16%
16%
*97%
9%
1
33
*135%
57
24%
:
137
56%
24%
v
3,400
•
20
2,400
11,200
99
200
121'A
121%
120
19%
19%
19%
5,100
17%
17%
16%
16%
200
16'A
16 y8
16 '/a
1,500
9%
9%
3,000
16%
16 'A
16 %
16%
9%
9%
9%
9%
x9 'A
9%
4%
4%
4%
4'A
4'A
*4
4%
16'A
16'A
16%
15%
15%
15%
15%
15'A
15'A
600
7'A
7%
7%
;7'A
7%
7%
7'A
*7'A
7%
4,800
107%
107%
10
9%
9%
*~
400
700
6%
32%
20
121
17%
.5
137
35
6%
7
33%
*135'A
.
121
20
121
*6%
33
99
121
97%
97%
*120'/4
7
33%
19%
—
*33
6%
57%
120'A
14
35
*33%
33%
*135'A
/
14%
35
6%
33
:
*103'/4
33%
33
'6%
14%
*33%
19%
Co
*1031/4
*103'A
28 y8
30
.7 'A
19%
Co
104'A
2,700
28%
104
20
Sugar
Central Foundry
7%
28 y8
103%'
■
__No par
Celqtex, Corp common
5% preferred
6%
7%
*6%
100
100
13%
55
7%
*33
,Nopar
-
55
7
*29
13%
.
.
2nd preferred-,
*12%
*52%
.13%
Shares
28%
32%
_100
,
104'A
*12%
*52'A
7%
for
the Week
share
103 %
1
A;
7'A
S per
7%
25
<
7'A
Sales
Apr. 29
28%
50
Corp
common
7
Friday
Apr. 28
55
*12%
*52'A
12%
55
Thursday
$ per share
$ per snare
share
103 'A
.
No par
Celanese Corp of Amer com__No par
5
Apr
Feb
-—1
Inc
-•
<sc
7% preferred
Caterpillar Tractor
22
120
22%
12%
*52%
10
—
Power & Light
Conv preferred
Apr 13
32% Jan
7
22
Airlines
;
Clinch
16
60
52% Feb
39 %
_
22
"
..
A
Carolina
29% Mar 29
43%
preferred
Carolina
17
Dec
X50*
Capital Admin class A common—l
Wednesday
Apr. 21
Apr. 26
Apr. 25
'$ per share
*
4'
23
Jan
9
(1893)
Tuesday
Monday
Apr. 23
$ per share
Par
15
Mar
5 % Feb
26% Jan
52%
Saturday
f
50
Nov
Dec
STOCK
$ per share
July
Jan
YORK
EXCHANGE
*
12% Mar 23
12 y8
6% Mar
NEW
Highest
30
35Va
CHRONICLE
STOCKS
Range. Since Jan. 1
Year 1948
Lowest
FINANCIAL
&
*
100% Nov
108
Jun
83
May
Oct
74
7%
Jan
10'A
Dec
15
7%
Dec
lit.
18%
Dec
28%
12 %
Nov
20
39%
;
Nov
Jan
7
29
24% Jan
8
5%
4
7% Apr
5
Central
Hudson G & E Corp—no par
7
Central
111
6% Mar
104% Jan
80
6
110
3
Mar
Jan
19
20
tCentral RR of New
12% Apr
11% Jan
21
26
9 % Feb
28
Jun
7% Jan
5
Apr
17% Feb
15
May
10% Feb
11
__
Central
11
13% Jan
6
33
Jan
23% Apr
28
27
26%
Jun
20% Feb
10
24 % Jan
7
Feb
100%
Jan
92
97 % Mar
4
15%
Jun
31 %
Dec
^4
26
87/a Jan
1
28% Jan
7
31% Jan
3
34% Jan
79
Jan
7
85
Feb
3
July
4
Feb
14
8% Feb
7
9
17% July
„
5% Jan
9
Feb
11
'7%
Feb
24
10% Apr
25
18 % Jan
24
10
i4%May
Jan
12% July
22% July
15% July
7% Feb
4 % Mar
.9%
Jun
3% Feb
U
13% July
5% Feb
24
8% Jan
Mar 23
33% Jan
Jan
41 %
23
Apr
13%
Dec
23% July
10 % Feb
25
15
337/a
Dec
49% July
29% Feb
24
July
108
;
*79
81
*79
West
12%
12'A
12%
12%
12%
10%
10%
10%
10%
10%
*7%
8'/a
*7%
i
,
xl2'/a
12%
12 %
10%
/
10%
10%
*7%
7%
*7%
18%
18%
18%
18%
1,630
10%
11'/a
6,000
8
23
23%
1,100
12%
12%
12%
17,600
10'A
*10'A
10%
2,000
24%
18%
18'A
18%
18'A
18%
11%
11%
11'A
11%
11%
11%
11'/a
11%
11
11%
23%
24'A
23%
23%
21'A
21%
21
21%
94
94
94
94
24%
*24
-
21%
.
*94
,
*6%
j
*19%
*
32%
*82%
—100
6'/a
6'A
6%
'6%
*19%
20%
18%
19%
32 y8
*82%
•'
83
4%
4%
4%
4'A
10%
10%
10%
10%
10%
10%
10%
9%
10
10
10
10
*16 '/a
16%
16'A
7%
7%
8
*3%
■'6%
*7%
16%
8
*.
•
*
-24'A
24'A
■
40
Dec
Feb
45%
14%
49% Jan
20
53 % Apr
28
28% Feb
24
34% Jan
21
74
Jan
20
22
12% Feb
4
16% Jan
19
72%
'
Oct
64% -Mar 16
15%
Oct
10% Apr
19% May
Feb
2%
Chicago Pneumat Tool com—No
Sep
42%
Jan
July
29% Mar 30
11
Jun
57
•
-
10
Feb
25
Nov
Feb
25
Apr
27
5% Jan
29
60
Jan
36
Jan
5 % %
Nov
65%
Jun
50
Apr
14
58
Jan
Feb
29%
Jun
26% Apr
25
29% Jan
24
90
Nov
1
97% Jan
4
103% Feb
11
19%
Nov
•
Feb
11
Chile
7
23%
101% May
Co
Childs
'
50%
•
preferred
series
A_:
common
Chrysler
*10%
—10
%
•
1
'
10%
1,200
10'A
10%
1,500
10%
10%
10%
3,200
10
10
1,000
16%
16'A
16%
8
7%
7%
7%
77A
*7%
7%
4'A
4
4
*3%
4%
4%
*3%
4%
100
6%
6'/a
6%
6%
6%
6%
6'/a
6%
3,300
24'A
24%
24'A
24%
24%
23%
23%
2,900
24
24
*10
16%
.
■
13(4
13%
13%
34
33%
27
27,
e%
24
33%
27
*3%
,
13%
33%
27'A
27%
«■
27
-
Gas
&
Elec
com
3'A
1
—100
:
30%
66'A
66%
66%
3%
*14%
13%
V
13'A
13%
*34
50%
50
27'A
32%
32%
1,600
27%
27'/a
27'A
1,000
53%
53%
*53%
*101%
102'A
*101%
,
31
30%
31'/a
3,200
*65%.
67%
66
66%
1,400
*10'A
n
*10%
11
*10%
11
14%
*14'A
15
48% July
Jan
36%
7%
Dec
•24%
Jan
49% Apr
25
80
Feb'
Jun
25
Jan
/ 3
16% Jan
26
21
May
38% Aug
•
27% Mar
176
July
176
Jan
88
Jun
34%
Feb
43
Dec
Apr
29% Jan
C
22%
Nov
27
Apr
5
36% Mar 21
16
Apr
34%
Feb
23
Feb
i-
10
50%
51%
27%
5%
9
*101%
102'A
240
22'A
22%
22%
22'A
1,100
49
48%
48%
48%
48%
49
6,300v
112 J/4 Feb
Cleve
20
"78% May
68% Apr 21
73
Feb
17
Cleve
Dec
47% May
39% Jan
13
43
Jan
26
12%
Dec
18% Mar
12% Jan
3
15'A Jan
19
Jun
23%
Nov
35%
Jan
4%
Dec
10%
Jan
27 %
Dec
36% May
147
Feb
137
■V5%
July
92% May,.
Dec
Jan
105
138% 3an
Apr
Year 1948
60'A
1332
183
63%
Dec
July
31
Jan
July
1332
Dec
Jun
15
45%
Jan
Sep
96
Apr
Nov
x87%
25% May
26% May
16
Feb
12%
Feb
22%
16
Feb
22"% Oct
11
9%
Apr
28
60'% Jan
3
,
Jan
93% Feb
2
17% Jan
7
*1030
Internat
Dec
11% May
7% Feb
36% July
26% Apr
Dec
32
May
25% Feb
Sep
6% May
3% Apr
20
121
Mar
21% Feb
25
Feb
108'A
Dec
xl06
11% Mar
xl8%
Jun
12
8
Jun
Apr
Feb
Feb
x40%Apr
-
i2
11'A Feb
23
51
Jan
19
Dec
29'A
Sep
Dec
15'A May
10% Jan % 3
8% Dec
15% July
x7% Mar 24
100
Sep
33%
90
Dec
Oct
10% Mar
8% Feb
16% Mar
7
Jun
30'% Jan
3
106'% May
103% Apr
27
106%
105% Apr
20
35%
Dec
Jan
33
Feb
7
99'% May
95
Jan
7
13% Jan
3
42'%
84% Mar
17% July
92% Sep
85
Jan
5
29% Nov
40
May
31% Jan
3
92
99
July
13$ May
97%. Jan
Oct
8%
NOV
46% Mar
-
64%
Oct
8'/a Mar
56% Feb 24
For footnotes eee page 26.
n:
8
91
15%
33%
*90%
16
15%
15%
15%
15%
15%
17%
18
17%
18
17%
15%
92
15%:
*
32%
90 %
16
*15%
32%
*132%
133 'A
400
62%
62%
140
33%
4,200
*1030
15%
91
16%
15%
133%
63%
32
31%
92%
*91
—
63%
*1030
92
32%
*90%
20
92
15'/a
15'/a
4,100
15%
15%
800
1,800
20
*9%
10%
9%
9%
9%
9%
*9%
*21
5
Corp com
321/4 Jan
13
21
Columbus & So Ohio Elec Co new_5
10
10
Apr' 13
Apr 13
Apr 14
conv
Feb
8
.
1
Engineering
Superheater
Mai* 17
7
preferred
-
Inc
Apr 28
*15%
*9%
*9%
*9%
16
*
'T
10%
10'A
9%
9%
*9%
10%
x
-#9»A
10%
*9%
10'A
18'/a
18%
18
-
18'A
*
9' %
„
No par
Commercial Credit common——.10
3.60% preferred ————100
Commercial Solvents
:■
No par
Commonw'lth & South com—No par
$6 preferred series——;
No par
Commonwealth Edison Co—_——25
Conde Nast Publishing Inc—No par
Congoleum-Nairn Inc—„No par
80
10
10'A
*9'A
10%
18
17%
i8 y8
17%
18
18
*17%
18
18
18
18
18
17%
17%
17%
17%
17
17%
1,900
1,600
11
10%
11
10%
10%
10%
10%
10%
10%
10%
10%
54,500
10%
*
17%
*9%
*53
'9%
55
9%
9%
9%
*53%
55%
*54'/a
10
55%
10
9%
55%
*54
17%
9%
*53
9%
10
55%
*53
3,500
10
55%
30%
30%
2,800
21%
3,500
29%
29
29%
29'/a
29%
29%
30%
30%
31'A
21%
21 %
21%
20%
21%
21'/a
21%
21 %
21%
21%
23%
23'/a
23%
23%
*23%
23%
23
23%
22%
22%
*22%
23
1,500
50
50
49%
50
48%
49%
49%
50
49%
50
49%
50
2,400
99
99%
98%
98 '/a
98
98
98
99%
15
15'A
15
15
15
15'/a
15
15 %
29%
,
,
Consolidated Cigar————Nopar
4% Jan 21 t
Consolidated Coppermines Corp
5
23% Mar 30 >
Consol Edison of N Y com—No par
107% Feb 10
$5 preferred—
+1—
No par
14'A Jan
8 :
Consolidated Grocers Corp_—1.33%
9% Apr 18 >
Consolidated Laundries Corp
,—5
46'A Mar 5
Consolidated Natural Gas—15
2i%Jan
7
Consol RR of Cuba 6% pfd——;_100
12% Mar 8
Consolidated Retail Stores Inc_—1
9% Jan
7 ». Consolidated Textile Co Inc^,—,_10c
12'A Apr 13
Consolidated Vultee Aircraft—j—1
35% Apr 20
- Consumers Power Co com_;_—No par
108
Mar
8
$4.50 preferred
No par
108% Mar 25
$4.52 preferred
4—No par
37% Jan 22 •
Container Corp of America com—20
97% Apr
5 j
4% preferred
———^100
15'A Jan 21
Continental Baking Cu com—No par
91% Mar 12
$5.50 preferred
No par
36% Mar 30
Continental Can Inc common
20
-99'A Mar 21—;,/,$3.75 .preferred ——
No par
9% Jan
7
Continental Diamond Fibre.-—' —5
63% Jan 19
Continental Insurance—-j
_1Q
27
23"
10%
14%
31'/a
133'/a
24,700
30
6'
10
92
63%
*1030
*1030
31%
31'A
share
133
63%
for
Shares
9%
9'A Jan
11
4
92
*132'A
r
Sales
the Week
share
$ per
17%
27% Jan
29
x24%
133%
63%
$ per
share
03%
62%
Friday
Apr. 29
17%
100% Mar 18
11
Dec
31%
.
134
*62%
•>1030
31'A
14%
$ per
*132%
$ per share
133%
$ per share
17%
52
3
8%
63%
Apr. 28
Apr. 27
17%
25% Mar 10
3
;27%
Corp
134
Thursday
Wednesday
*9%
26
Jan
$ per share
No par
21% Apr
•:
3
Dec
SALE PRICES
Apr. 26
9%
3% Apr
3
Par
!
17%
7
89'% Jan
'1'"
*62%
5%
31
Oct
■■
■
*9%
17% Jan
25% Jan
Nov
200
*17%
100% Jan
Apr
,7%
10
72
9%
18
95
29% May
98% July
140
*70%
18%
54
2i%Feb 11
Dec
29 y8
*138'/a
72
9
24% Jan
18
Nov
„
140
*70%
17%
12
Dec
HIGH
*138%
72
10
23% Jan
17% Apr 22
20'% Apr
Apr. 25
1,400
140
*70
Tuesday
Monday
200
5
23%
*9%
25
37%
*138%
71
23%
10
Jan
12'A
138%
71
*4%
*9%
14% Apr
Dec
138%
*
10
46% Feb
8%
72
5
23%
18
29% May
25% July
140
*71%
*4%
*23'A
LOW AND
Colonial Mills Inc—L—
7
9S
103%
*138'/a
5%
23%
17
Jan
90
;
.71%
*4%
22%
18
53% July
July
3%
140
Saturday
?
*133%
Combustion
106
71%
4%
23%
4%
23
15%
10
Feb
2,500
17%
7% Feb 10
48'A Mar 2
29
Apr 25
.2 %
30
17%
13'A May
-
29%
17%
Sep
104
30
17'/a
7%
Jan
2,200
30
*15%
12
Nov
20
14
30
68
18%
4
Jan
40
13%
17%
29
90
*38
14 %
17'A
Apr
36%
*66%
39%
14
*17%
17
xl6
68
39%
29%
29%
*29%
5%
23%
Apr. 23
STOCK
—20
Colorado & Southern Ry com—100
4% non-cum 1st preferred
100
4% non-cum 2nd preferred—100
Columbia Broad Sys Inc -cl A—2.50
Class B_.
:
——
2.50
Columbia Gas System Inc —No par
Columbia Pictures common_-No.par
$4.25 cum preferred w W—No par
Columbian Carbon Co_^_^_.._No par
10% Jan
Jun
*4%
23%
14%
No par
14%
28'A
29%
*29%
5%
23%
108
Colo Fuel & Iron
31% May
Feb
29%
*107
*66%
*38
23%
*138%
600
*106%. 108
9,400
2
Dec
18%
29%
23'/a
14%
*67
40
14
23 %
68
68%
*38
14%
23%
40
*67
40
14%
250
23%
39
14%
68%
*38
14%
110%
108
*106%
108
*67'A
*4%
•
*106%
110%
24
Feb
—
103
*106%
38%
110%
24
10
Apr
■
108
68%
*
38%
*110%
23%.
23%
40
*67
38%
110%
110%
23%
75
38%
38%
111
*23%
900
600
180
*70
75
*70
17%
26%
17
26%
*150
Jan
19
2
11% Jan
—
I
110%
23%
75
.
17%
26%
180
19% Feb
4
17 % Mar
Mar 18
37'A
*70
38%
17
26%
*150
100
19% Jan
Mar 22
15% Jan
9
Dec
80
38%
110 %
(The) common_No par
Class A
Coca-Cola
34% Mar 24
89
Jan
8
xl3%Febl7
Nov
—
*72
38%
*23'A
No par
Colgate-Palmolive-Peet com—No par
$3.50 preferred
-No par
Collins & Aikman
—Nopar
5
1075
10'A
28%
80
38%
110%
*14%
a
preferred
'
9
17% July
Jun
2nd
Coca-Cola Co
12
Jan
8
78%
*72
38%
23%
EXCHANGE
13% Jan
Dec
cum
NEW YORK
63% Apr
6
1075
Jan
5
29% Feb 25
15
152
20 %
:
preferred
4%
.
1
;—1
a-No par
—100
100
4
i.—•.
$ per share
$ per share
130% Feb
20
49
Corp_^
Highest
25
Jun
26
180
STOCKS
Jun
32% May
26
*150
110%
*39
17%
26
80
'
*106%
,
29
180
*23%
;
83
*28%
26
*110%
•
*81%
,
9% Apr
Dec
16%
17%
17%
83
29
*150
26%
100
7%
*7%
7%
*8.1%
*28'A
180
*26
*7%
102
83
*150
26%
38%
No par
Peabody & Co com
7%
13
82'% Jan
141
18% July
18%
4
Cluett
1
_50
a-
Molybdenum
Clepay
8% Mar 22
Dec
Co-7%
stock—
Clinton Industries Inb
2
12
Nov
9%
Oct
RR
12
Lowest
$ per share
Dec
Climax
Range Since Jan. I
.
Highest
$ per share
134'%
;
Pitts
20
8
*72
-100
100
gtd——50
preferred
&
Special gtd 4%
5% Jan
30% Feb
26
Range for Previous '
Lowest
Apr
30% Jan
27
18
*17%
7%
101'/a
28%
28%
180
*26
*150
L_Np par
i—
1
4 % Mar'
71
7%
3
25% Jan
22% Apr
106
11
102
*81'A
28%
Graph Bronze Co com—-
5%
Nov
108%
8
83
$4.50 preferred
3
25% Jan 26
39'
Oct
49
*28%
L.
27,500
48%
28%
preferred
27%
22%
*28'A
non-cum
2 7'A
48'A
28%
Cleve Elec 'Illuminating com—No par
3
'27'A
22'%
'
85 ' Mar
42% Jan
27%
101%
*28%
18
22,600
22%
*7%
*17%*
50%
101%
*81%
—20
50%
48
8
:
51'A
22%
83
Louis Ry Co com—-100
140
50%
101%
*7%
C C & St
560
34%
22%
102
22%
*81%
Clark Equipment Co
12,800
45
34%
27%
27
8
7
\
51%
51
26%
;
•
200
3%
3
35%
50%
.
43
45%
*34
83
8
'A
45
35
*7%
Jan
3
46
48%
48%
3'A
3%
3
35
*81%
cCity
69%
105
23
14%'
45%
i.No par
Products' Corp——L_No par
City StoresfU-—(
,—5
30%
77*
*22%
30%
35%
5
preferred—L——100
5 % %
C
109
I T Financial Corn—_
10
18% Jan
4
Jun
111%
105 %• Jan
Machine Co.
City Investing Co common
5
July
80
16
83
4
25% Mar
6
8% Apr
3
6% Feb
Jan
Apr
33
Dec
15%
42% Jan
10
1
Cincinnati Milling
24% Mar 17
84%
Dec
75%
X20
14%
*14%
'
Miiy
27 »
200
55
31.%
26%
26%
3,500
.
33'A
27'A
46
46
*34
35%
13%
32%
.
67
3%
3%
3%
46
46
35
800
66 '/a
14%
14%
700
30%'
<
11
*10%
14%
3%
46
26%
•
11
*10%
55
*53
..
31
66'A
50'A
8.50
preferred
30%
46
.
25
:
-
66
35
—100
Co
55
*53
55
*53
30%
14%
200
4%
10%
10%
,
10
•
3oy4
11
*14'A
Corp——_J__'__2.50
Cincinnati
4%
66%
_100
I
.
54%
30'A
—No par
preferred——
Copper
'
'
4,900
10%
13%
*53
par
RR Co__No par
Chickasha Cotton Oil
8
43
42
'
preference—No
Pac
Chicago Yellow Cab
7
15
3
63% May
Feb
Jun
Conv
7
Apr
32% Feb
Apr
Oct
31
convertible
Chic Rock Is &
14
44%
4%
$3
32'/a
83
10
33%
27%
200
16%
13'A
*27'A
par
1,500
4%
*
49% Mar
25 %
May
6'/a
20'A
*4%
'
26.
130
,
16%
33
33
2,100
10%
13%' "13%,.,,
•
700
21
16%
33
_100
32
*82%
83
*4%
10%
10%
10%
*9%
4%
10%
4%
10%
4%
*10'A
*16%
*20
32%
*82'A
24
95
6'/a
6%
20
32%
83
21
8
'
10%
•
6'/a
*23
*93%
20
32%
83
32%
32%
32%
83
*82%
4%
.
•
6%
20'A
10%
6%
i
'
6 'A
32%
A
4»A
vtc
95
,
6%
preferred-
<
21%
95
t
*3%
Chicago & Northwest com_—No par
'
21%
'
*19%
,■*"
32%
83
95%
24
24
..
21%
21%
*94
20%
v
24%
*24
21%
95%
6%
:
10
81
23%
18%
_:40
preferred
*79
24%
18%
,_No par
5%
81
*79
400
4%
24%
V
18%
Nopar
i
A
8
*7%
8
*7%
1
Milw St Paul & P -vtc^JNo par
Series
Jan
23
„i_l
B
Class
Chic
*22%
*4
108
5
Products—
A
81
22%
12%
9.50
No par
*79
22%
.
*106%
81
*79
81
23'A
*10'A
com_5
Corp
Co_^
108
*106
22%
1100
Copper Corp
Co_
108
*106
—
36% Jan
1
*106
Chicago Corp (The)—
_1
Chicago Great West Ry Co com—59
5%
preferred-,
50
Chic Ind & Louis Ry Co class A__25
9
Jan
30
Pasco
Belt
Class
5% Jan
7% Mar
Jan
7%
108
Chic &East 111 RR Co com^_No par
21
13% Feb
Nov
6
,
•
11% Apr
8
11% Mar 30
9
12
*107
Jersey
Sugar
7%
7'A
,•
Cnampion Paper & Fib cpm__No par
$4.50 preferred
—No par
Checker Cab Mfg
,
-t_—1.25
Chesapeake Corp of Virginia.u—__5
Chesapeake & Ohio.Ry common-i_25
3%% convertible preferred
100
7
Jan
Chain
•
>
7
19% Mar
90
'
Feb
7% Feb
18
30
May
45% Jan
Dec
76%
6% Apr
South
Certain-teed
Feb
Jan
de
Cerro
Feb
Mar 17
Violeta
16'A
100
Century Ribbon Mills
21 % Jan
•
&
Central
20
8% Mar 29
•
pfd—100
Central NY Pr Corp 3.40%
35% Jan
16%
*7'A
!
*4
4%
16%
100
pfd;
84
17%
;
preferred series B vtc
Light 4%%
*4
No par
24
90
Dec
Co vtc
Ry
12
24%
7%
Ga
Apr
11% Jan
25% Mar
of
21% Feb
May
i
Central
*99%
14%
100%
15
3%
3%
3%
99%
99%
98%
26%
26%
26'A
*8
8'A
8
3%
100
26%
8
3%
*99%
26%
7%
3%
100
26%
8
•
3%
99%
26%
8
3%
100
26%
8'A
28
27%
27%
27%
27%
*27%
28
*26
26%
26%
26%
26%
26%
*26
27
3%
3%
3%
3%
3%
15
560
100%
15'A
3,300
3%
104,000
3%
3%
99%
99%
26%
26'A
26%
14,800
2,300
2 6'A
8
99%
2,600
100
7%
7%
26%
27%
*26'A
27%
7f)0
3%
3%
3%
4,800
22%
22%
13,300
1,200
1,000
8
■
*27%
•3%
100'A
3%
3%
3'/a
*27'A
27
3 %'
27%
27
1,400
22%
22%
22%
22%
22%
22%
22%
22%
22%
21'. %
106%
106%
106%
106%
106 %
106%
106%
106'/a
106%
106%
106%
106%
*12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
*12%
*12%
9%
*9%
9%
*9%
9%
9%
9'/a
*9%
9%
41%
42%
41%
41%
41 '/a
42
42
42
3,400
5,400
*9
*41%
19%
*11
7%
11'A
35
9%
*9
41%
42
19%
20
19%
18'A
19'A
17'A
18
17%
17%
20%
*11 'A
11%
*11%
11%
*11'A
11%
*11%
11%
11%
11%
11%
*7%
7%
7%
7%
7%
*7%
7%
7%
7%
7%
11%
10%
11'/a
10%
11
35%
35%
42
11'A
35'/a
11'/a
35
11%
35
19
11%
35
11%
3 5'/a
7%.
11%
35
35
35'A
104%
104%
104%
105
104
104%
103%
104%
104
106
106
106
106
106
106
105%
105%
*105
34
34
33%
*96
33%
97%
*96
97%
*13%
13%
13%
90%
90
33%
33'A
33%
*98
99'/a
*90
33%
*98
*8'/a
*61%
100
8%
62
13%
90%
33%
*96
13%
33%
61'A
61%
61%
104
104%
105%
106
220
33%
33%
34
1,400
97
30
96%
96%
*96%
97'A
13 %
13%
*13%
13%
13%
13%
90
180
7,800
90%
8%
530
104
105%
13%.
33
8%
33%
600
2,000
97%
90
8%
34
300
16,900
97
32%
*98
*33%
35%
100
99%
8%
61'A
*90
32%
*98
*8%
61
1,800
92%
90
33
32'A
32%
32 %
33
99%
99'/a
99'/a
99 %
99'A
8%
8%
61'A
8'/a
8'A
8'A
600
61%
61%
61%
1,700
92%
Cl'A
*90
20b
18
COMMERCIAL
THE
(1894)
YORK
NEW
Rsuge Since Jan. 1
Highest
Year 1948
Ltvnt
Hifhett
6 V* Feb
10Vi:Jun
Feb
69%
Jun
~47% Feb
Apr
13 % Apr
33
Jun
24% Feb
55
July.
Feb
21%
50% Nov
Feb
67% July
23% Oet
20
97% July
94
50
15 %
Nbv
19
08
"
Nov "
86
•
Oct
164% Oct
3% Dec
177
3% Feb
25
4 Vn
32 M» Jan
13
Jun
42%'Apr 13
I
Mar 17
Mar
7
96
Jan
4
24
Jan
7
72% Jan 24
-19% Apr 22
66
78% Jun
Jan
(
Jan
6
30% Jan
Feb 24
23
~7
'i,
~i% Mar~29
Apr 21
67% Jan 17
88
July
17% May.;
11 y4 Apr
73
.
13
26
% Feb
1 •:
7:
lb
18
Feb 28
'
Jan
Jan
13 y«
July
4% Feb 24
150
Aug
119 Vii Mar ,4
129
Jan
19
61
May
43'/a Apr 27
50
Jan
19
-9% Apr
24% Jan
4
(
"
-
w.
12% July
7% Jan
28 y4
Jen
21% Mar
3
'.-Feb
8
21
Sep
137
July
x31% May
7% Jan
133
137
MApr 22
Class
Jan
21
7
99
.*97%
99/'.
63
63
633/4
63
'•*98%.99%
*4
4%
'1%
*
2
2
*25 y«
' 25 Mi
16 Ma
16 Ma
M0
i
,
Inc
A
t-
Cushman's Sons Inc 7%
v
i
28
:
8%"
'
*523^:
20%
174
"•
4
3%
<,1%
1%
1
•
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93/4
93A
:. *25y8
25%
25 MB
16 3/8
163/B
16Mb
16%;
42 MB
;.-97Mi
97 Ml
>*94
95
42%
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.<*96%
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2,100
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:
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243/4.; 25Ml
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f
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;
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100
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7,200
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v
21
95
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97 Ma
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23%/- 24 /
•
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•
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2
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v
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t
16 Mb
:
637/b
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.
r
<
4
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-
174
.
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99 Mst<^
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w
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1,100
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,
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-
•
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6,600
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;
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*973/4
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637/b :
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.
*53 Ma
<
51
-
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/,
64
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.
.
v
99
4
2
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173%
4MB
23% .; 23%
20%
!.
'-;■
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7
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i
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22%
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120."'"
*44
j.,
9 Mi
■-
*i2%-
973/8
i
*42%
■
-
300
\
2,000
21
97
?■•■/
.100
:: ,95
*94
95
;
233/4
>
23%
V 97
i
21%*
;
> "*69
11 Va/'
<-
^
■
5%
120% 120%
44
—s-
23
;
•-
22ye
.
A 6
43 Ma
,,.,/
•
22 Mi
.
<
11%
5%
f
,
•'■
v
*
■<»',
; 5%
120
-.12%
«
-:
*160
:
...
136%:
22
22 MB
»
•*17
17 Mi
1"
*120
44
-*43%
..
9%-
;■
•
•
83/4
9
.
200
5,800
;;
40
.'■
800
;
•' if-
21%
213/B
:
'
s
»•
122
.
800
*
6
5%
v.
.
136 Ma, v
*135 Ma
.
11%
>21% ■•'■•'213/4;:
223/B
.1,760
•
7o%
.
?*ll%
27,300"
<
2,300
*135%' 136 Ma
■
'
-
22 r
223/8
22 Mi
23
3,500
D
11% Apr
85
Oct
94%
Jan
93
Mar 14
12
Feb 23
14•
Jan
24
17%
15
Jan
16% Apr
20% Jan
7
7
3
18% Feb
'
24%
94
Sep
3
30Mi Feb
Jan
4
96
92% Jan
11
'
Jun
Jan
Sep
13%
Jan
42
Jun
46%
Jan!.
31% Deo
29% Feb
38% Jan
34% May
50% Jun
,
7% Feb
8
26 Mi Jan
92
Dec
8%
27
'
*16% Mar
15%
8% Nov
13
Jun
94
84
a
Jan
28% July
31% Aug
Feb
82% Nov
'
3%% pfd series A_—
Davega Stores Corp common
87
.
4
Dana Corp new common
20% Jan
13% Dec
14% Deo
'
Jun
15% Mar 18
29
6 Mil Feb
22 Mb Apr
Preferred
Decca
Jan
12
36% Mar 30
32 Ml Mar 22
Jan
:_100
*92%
94
'4
50c
9%
9%
6%
63/4
1
24 Mi
243/4
No par
33%
33%
32
32
Inc
Deere
Co
&
7%
*
common
preferred
;
7% Mar 16
9% Jan
39% July
20% Feb 24
27% Jan
7
Escrow
ctfs
for
58
37 Ma Mar 23
50% Jan
24
Escrow
ctfs
for
Delaware
Lack
&
13
-*12
17Mb
12%
.
923/a
.*91
12%
*16%.
•
17%
*16 Mi
■
11%
12%
92 Ma-
123/4
*91
-
.
4,200
20
.
123/4
Ma
.*17
17
200
;•.
17%
f"i7Mi
:
100
'
17%
17%
17%
29%
29%
30
93%
93
93
93
'*92%
94
*9%
v
10
•
-
94
*30
93%;
*93
■,
30 Va-,
93%
*93.
2,400
933/4
93%
/
94
800
;
30 y8
.
90
94
*93;
".
,
10
..
'
■
6%
25
:
•
9%
6 Ma
6%
*24 Mb
.
,
9%
,
6%
.24%
,
6%
6%
6 Ma
33%
33 Ma
32%
*313/4
32%
*313/4
34%
34%
*34
35 Mb"
*34 Ma
35 Ma
7%
25%
25%
25 Ma
27
40%
40%
40%
42%
"
7%"
7%
7%
7 3/4
..
22%
-
7% /<
'
24 %
343/4.
7%
•.
•
1,600
3,000
313/4
900
400
34%
*34
.
2,600
33 3/8
.
31%
7%
' ,7%
•
200
22 ye
.33
v
.
:
6%.
.
22 Mb
313/4l
V7%
■
33%
31%
V:
32Mb
>
9%
■
6 3/b
,
34%
24 Ma 34
33%
',<' *9 Ma
6 Va
33%
24%
33 Ma
24%.
33%
*31%
.
9%;
*9%
9%.
*9 Va
<
41 Ma
24%;
17%./,;
30
93%
29%
25'/a
7%
'
*17%
■
30
*93
,
93
93
'
173/4
*17 MB
\
35%
*34%
50
Western—
"
73/4
20
-100
Delaware & Hudson
13% July
7
;
;
Deep Rock Oil Corp
24
40% Jan 21
,
Records
12%
91 Ma - /
*12 Ma
.
v
,
Ma
'17 Mi
293/4
94 Mi
50c
Co
17
*29Va
,
*23 Mi
*93
series B
7
M8M1
*17%
1
7
Preferred 3.75%
Rubber
17
\
12%
91%
12%'
17
*16Mi
/
93
123/4
•
'
100
Dayton
34
17
series A
8
29
4
Mar 29
*16%
13
12%
93
94%
*12%
..V
,
12%
12%
*93
94 Ma
■
12%
12%
123/4
12%
3.75%
9% Jan
29
Jan
31
Mar 29
12%
*93
*12
20
—
10% Jan
2
32
-
5% conv preferred
Davison Chemical Corp (The)_
Dayton Pwr & Light common
95% Jan 20
9Mi Feb 23
1
IOO
2.50
2,600
.
Denver & Rio Grande West RR
14%
32
'
Feb
Yi Mar
20
July
21% May
Apr
56
Dec
60 Ma
Dec
19%
Jan
3
Jan
55% Feb
21
21
11
16%
Deo
Jan
28 Mi
46
Jun
38
Feb
11
Dec
11% Feb
Jun
46% July
19% May
xl_9%
Mar
9'%
Detroit Hillsdale & S W RR Co—100
7
Detroit-Michigan Stove Co
2
Detroit
Mar 29
22
Jan
26
40
Jan
7
45% Feb
12 Me
25
13 % Mat
Apr
5
7Mi Mar 12
2
15% Jan
Dec
20%
Oct
Jan
8
Nov
41
Jun
24Mi Feb
14
30
Jan
18
Dec
58
Apr
48 Mi Feb
15
53
Apr 26
10
Deo
23
Jan
10% Jan
29
Feb
40
Jun
28 Mr Mar 23
it.
19
Feb
12% Jan
67%
Apr
48% Feb
7
50%
Oct
43
32%
Nov
Feb
Feb
106%
Jun
101 % Apr
90
Feb
106%
Oct
101
108% Jan 21
3iyB
Jun
80
22% Apr
2
86% Jan 21
12
Dec
98
July
May
May
188% July
18
Mar
113%
Jan
124%
99%
Jun
111% Aug
10% Deo
15%
Jan
119
Jun
■116--
179
Jun
Feb
94
Apr 27
11% Mar 8
9% Apr 27
20
12% Deo
164
105
22
Apr 29
19% Jan
3
16% Apr 21
13
.Jan
5
Feb 28
4
97% Jan
<
195Ma Apr
121% Jan
101
3
.
113 Mi Mar 14
Jan
10% Mar
Jan 11
.
5
21
12% Jan- 10
19%
383/4 '
36%
41%
41
*10%
11 Ma
103/4
10%
10%
10%
*7%,
7%
7%
7 Ma
13 Ma
13 Ma
133/b
13%
1
12
12%
*28%
29
52
*51
52
*51
i-.u 12
5
*„
No par
No
193/4
19%
11%
11%
-
20
2,500
;
113/4
11%
11%
•
20
;■ •/
36 Mi
36%
;
*41%
42%
,
*19 Ma
■;
*19%
*36 Ma
37%
41%
41 Ma
10%
103/4
10%
10%
*7%
7 Ma
133/4
13%
20
-•
'300
'
7 Ma
*7 Mi
7 Ma
13%
13%
series
i; 30 Ma,
,17 Mb
V;i6%
.
13%
,
.
1
IO7/B
•
7%
12
12 MB
12
12
28 Ma
ti
IT
•
29 Mi
28 %
54
52
283/4
52< \
*52
53
12
12
30%
1
Previous
Year 1948 w- :
tr
30
800
600
700
;
700
7%
13%; -
I per share'"
lowest-
163/4
17
60 Mi
62
44 MB
44%
102 %
*100%
102
102
102
102%
102%
102%
102 Ma
101%
102
21 y4
21%
21%
21%
21%
*78
813/4
*78
16
16
*16
10
;
10
189 '
189 Ma
81%
11%
1,100
29 Mi
1,000
16
10,
.
-
10
-
188%
189 Ma
120%
120 Ma
120 Ma
*120 Ma
100 Mi
100 %
*
■
*
.
100
.*113%
114 Ma
113%
188
a
*103/4
11 Mi
*10%
11%
16%
163%
163/8
60 ya
60
44 Mi
43
43%
,V
3 per share
STOCK
*101%
102%
*102
1013%
101
81,
16 Ma
80
200
1013/4
21%
6,300
102%
101%
213/4
-
*79
83
16%
9%'
189
21%
22
80
16 Ma
*15%
16%
9%
*9%
188 Mi
189
*120%
121
iooy2
100%
113 Ma
*79
10
93/b
;
,
3,600
100
83
1,400
16%
16 Ma
/
I per share "g per share
...
•>04'
*
Monday
Apr. 23
'
Apr. 25
I per share
Par
9%
.;
•
188
188%
188 Ma
189
/•■
120%
120%
*120%
121
"
*100 Mi
100%
•100M4
*113 Ma". 114%
*113 Ma
114%
11%
11%
-
11 Mi
*10%
Apr. 26
I per share
*11
'
200
V
100 Mi
-
Apr. 2H
;
<
—
■
Sales for
Frlduy
•
300
40
11 Mi
*11
•
Apr. 29
g per share
g per share
'
115
*114
700
5,700
"
Thursday
Apr. 27
f per share
i;.,
1,700
,
22
100.3%
LOW AND HIGH SALE PRICES
Tuesday ; ■
Wednesday
-
iaturiay
EXCHANGE
2,900
:
102
120%
103/4
5,900
60
43%
1,300
' ,2,000
.
16%
60
..
102 3/b
106 Mi
*
12%
30 MB
213/B
113Ma
113%
12 Ma
i 293/4
303%
102
'
*100
150
52
102 Mi
10
: '100 Va
*120%
—No par
52
213/4
*79
16%
*97/b
.
NEW YORK
Highest
•
" 3,800
.
*28 Mi
12% .; 123/4
30 Mi
44%tf„44%
:•
'*100%
1
123/4
-
16%-,-17 MB
61%
44%
STOCKS
1'Range Since Jan. 1
Highest*
'
11%
30%
*12 %
.,
303/4
■
61%,u.62%
rf.
61
443/0
44%:, 45
29
52
,13%
30%
-
*60%.' 61%
V
100
-
Duquesne Light 5% 1st pfd
DWG Cigar Corp.
Rung* for
1,000
'
.
Lewesl
500
'
'
37
*103/4
12%
: :
63/4
20
; 20
■<
4,400
;
59
63/4
■i
-
20
133/4
12 Mb
*54
6%
41
Mi
*28%
■
,
<*12%
,
30 Ma
17
1
par
15
common
International
$3.50
r
12
r' 30 %
.
Corp
Preferred
*12 Mb
28 Mi
-1,800
•
"
No par
preferred
conv
12 MB
28%
6%
13%
*7
3,900
^
-
22
21%
.
59
63/4
*19%,
'
,
;,
25%
40 3/4
37
41 Ma
*36
25%
403A
,
*
41
36%
41%
J
-
22
*54
59
11%
2<r;
363/4
No par
Du Pont de Nem (E I) & Co com—20
Preferred $4.50 series
No par
Jan 27
115% Jan 12
9
3%%
Duplan
20
41 Ma
$4 preferred series A
—No par
$3.25 2nd preferred
No par
Dresser Industries common
50c
Dunhill
11% ?ll%
2
Douglas Aircraft
Co
,SV 11 v*
21%
V
19%
*36
—No par
Dome Mines Ltd
Chemical
20
11%
;
25 Ma
40%
6%
20
*19%
;
21%
*54
6%r»
M0'/2
No par
Dow
11%
V
50c
Ltd
Corp
50 Mi Jan
21
11%
*19%
21%
59
*54
v:
6%
20
»
Car Co—
Pepper Co
17% Apr 20
63% Mar 31
Apr 29
59
6%
25%
40 3/4
26%
41
'
217/b
2P/4
,
■-'•>
26 Ml
41
;
25
Corp—
Dr.
24
97
Jan
Stores
*54
6%
*19
No par
common
Motor
Doehler-Jarvis
Jan
xl8% Nov
83
Diana
T
33
3
47
Diamond
21%
21%
1*19% .20
Ai
12.50
preferred
14% Mar 29
3
11% Nov
Match
partic
59
6%
5
Divco Corp
Dixie Cup Co common
Class A
13%
17
6%
*54
1
:
Raynolds class A__
Diamond
21%
•'
Vilbiss Co
Devoe &
*21%
1
Corp
Distill Corp-Seagrams
46%
9% Feb 24
Steel
__20
:
6
25
1'
De
1
10% Mar 11
May
10
Jan
24 V2 Mar
13
*40
—100
Detroit Edison
3
Mar
36
40% Apr
pfd
Jan
58
22
-100
com
Apr 20
1
19«/« Apr
6% Feb
13
22 Mi
11
6% Apr
19 Ma Apr
35% Mar
1
20
13% May
26% Oct
8% Dec
22% Mar*,
11
-
the Week
.Shares
g per share
no»>
'22tl8
Dec
13%
Oct
25% May
20% May
14% Feb
13
' 7
Dec
19%
Nov
12% Deo
001
nor
10% Apr
29
22%
Jan
it*
,
38%
157
,
.
Feb
•
14
175
Mar
92%
10%
DecDeo
5% Jan
'
Feb
1% Nov
13% Feb
s.
Feb
Feb
48% Dec
12% De o
19% Nov-',
166
•
x55
Dec
41%
Oct
Oct
135
Feb
35
Jun
18% Feb
1
7
'Sep
Dec
9% Deo
7% Mar
34% Deo
Jan
28
10
13% Mar 24
21% Jan
7
'
Dec
16% Mar 31
16% Apr 18
33% Mar 25
1
■
6
7
Jan
13
5
Jan
7
11% Feb 24
.,14% Jan 21
53% Feb 24
61% Jan 24
60
Jan
1 '■ 1,1 1
113% Jan
4% Mar 12
Apr
1
3% Feb 25
7% Mar <3
6% Mar
,49% May
.
27% Apr 21
'
104
36
7% Mar
7
Elgin National Watch Co
Elliott Co common
6
14% Jan
3
Jan
3% Mar
■
96
5-,
4:
3
*34%,
34%
'*148
Apr 13
152% Apr
30% Feb 16
100% Jan 24
20% May
11% Jan
f
$6 preferred
»
i—No par
Electric Storage Battery.
.No par
169
Apr 22
10% Feb 19
65% July
68% Apr
14%
1%
12% Feb 24
6% Nov
16% July
14%
68
Jan
31
4% Jan
■'»
6
10% Jan
7
9y0 Apr 12
43V4 Mar 29
5% Apr
6
5%%
5%
El
Gas
;;
t
5%
RR
42%
19 MB
91
11 Mi
10%
11 Me
10%
10%
443/4
44
44 Mi
173
171
-
-
27
277b
15
15
*89%
:
12%
*101
91
;
.
7%
.
7%
•
353/4
14%
*
-14 Mi
14%,
*34
343/4
34%*
1%
23 Mi
•
23%
168% :'»
150
150
'
43
12%
12%
*19
1%
.
>-12%
-
Mi
35 Va
*51
*44
Co
19%
common
preferred series A
Erie & Pittsburgh RR Co
Eureka Williams Corp
Evans Products Co
*
"•
;
23%
24
168
151 Ma
169
151
-
*43
•
12 y2
512%
20%
20%
*53%
;
57
*537/B
55
*44
463/4
*44
3
156
,
463/4
26%
26%
26%"
26%
11
11Mb
10%
10%
;
15%
-
10%., 103/4
15 Ma
15 Ma"
<
-
16Mb
16Mb
313/4
31 Ma
101%
*101 Ma
102%
*101 Ma
102%
*101%
*101 Ma
4%
4%
4%
4%
4%
123/4
12%
12%
12%
123/4
12%
12%
*55 Ma
56%
55%
*55%
56
55
61
61
*59%
61
8
8
41
V
.
■
8
55%
*59 Mb
-
4%/
.
*4 Mi
,
'.
...
'
*4%
*4 Ma
5
'
41/4
7%:
734
7%
8Mb
8 Mil
8%
-
»4%
3,600
1,200
:
.
,
"
55%
106
46
26%
10%
-
14%
^11.
4%
4 Ma
16 Mi
*31
.
700
2,100
-4,600
■"
1,100
2,200
16%
:
1,000
31%
:
.800
143/4
101%
*4 Mi
30
4%
3,100
12 Mb
4
101 Ma
12%
5,500
"
4%
7%
—41MB-
46,900
2,600
'
8y8
.*
8Mb
41
4%
6,100
20%
46
•
55
*59%-
-
12%
"26 Ma
Ma
12%
'56Ma
12%
15
2,200
W300
'
•
"
;>f. 10%
102%
4%
102%
4%
15 MI
1%
193/4
<•
16MB
31%
15 Ma
14 y8
12%
,
26%
'700
4,700
43
> 43
.
*53
26 Mi
31%
*8%
"
24%
,
*44%
*1534
*41
,.1,800
'
152%
MI
16
'
300
168 Mi
.
20%
31%
*8
i-
so
2,900
34%
i%"
152
46 Ma
20%
•
'233/4
12%
-
15%
*4'%
800
10,000
35
.
..*168 Mi
43Va
.
12%
*2oy8
,
31M4
*59ya / 61
*4 Mi
§
1
'•
:•
:.
24 y4
11
•
Inc
43
Ma
14
1523/4
31%
•
300
J/:
7%
>34
,
168% I
*55%
:
9
Corp
23%
167%
-.
15%
*4Va-
•
100
Ex-Cell-O
43
'1%-
;
.
151%
*
1513/4
-12 %
34% '
15%
101 Ma
No par
Bversharn
*53%
W--
14%
34%
12%
-•
5,800
12%
'■33%
;1%
<.
1%,".
31%
*
•i y
1,800
„
■
I02y2
7%
35%
...
15%
15%
317/b
ir
A'\
170
12 3/b
14%,
,
34%
•'
1%
•23%"
.
,14%-,
*34 Mi
.
35
-14%
*31
(
■vM
273/4. 27%
15 Mi
*14%
.-*89%' -91
*101
463/4
.;io%
,/
,.>'4
44%
7%
26%
26 %
.
14%
15%
•
50
53 Ma
*44
'•
11
14%
=
29
1
263/4
*10%
5
10
100
BIdg—
'
*51 Ma
463/4
26%
3
4
55
.
10 Va
44
170
12%
102%
*7 Mi
36 Mb-
*14%
1%
;
7%
43
43
..
19%
36
1683/4 i 169
151V*
.
42%
■
;
23 V4
1
168 Ma
•
10%
*
,
91-
12%
*101
102 Ma
15%
10 %
15%
*89'
.12%
*7%
36%
34 y2-
'
91
123/i
*101
■•
10%
■:
28
.
17%
15
'
7%-
f1%.
-
*89%
»•;
.
12 Ma
102 Ma
*17%
,
;
171
*14%
14% i
'■•■
*168 Ma
•
26%
14%
36
'",■■
173
26 3%
14%
102% :>
71%
•
-
26 M,
•
12 3%
12%
..
12%
19 Mb
14 Mi
*101.
1
152
y2
60
new..
4%
Erie
18
15 Ma
ilMi
44%
11 Mi
44%
*172
263%
:*89%-
•■<
168 3/4;
12 %
50
Endicott Johnson Corp common
preferred
Equitable Office
17 Ma
15 MB
11%
*11
■
Emerson Electric Mfg Co
Emerson Radio & Phonograph
Empire District Electric
42
*
10
conv
Natural
167 Va
.
is
preferred
preferred
Paso
='
18 Mi
15%
18
15 Mi
11%
44
171
141/4.
36%
3
7%
*10%
443%
26%'
-■
237/B
Feb 28
■
*7% '*•
36 Mb
1%
Jan
Jun
l
4.-23%
'■51
5
171
1
125/B
Elec & Mus ind
47
Jan
91
102 %
Electric Power & Light com
No par
$7 preferred
i—No par
57
34
Mb
12%
12
8
104
26%
5
Convertible preferred---—No
par
Amer shares
15% /
*11
11
44
14 Ma
13
14
Oct
*89
18
15%
11%
*10%
■
171
*100%
■■
100
18
15%
*11
11
26%
^
173/4
15 Mi
•
44%
*14
100
2.50
common
4%% preferred
Elastic Stop Nut Co^
Electric Auto-Lite (The)
Electric Boat common.
Apr 18
42% Jan-
:
preferred—
Ekco Products Co
.'*169 MB
1
17%
'
*10%
2
common
11%
44 Ma
100
Co
Edison Bros Stores Inc
4%%
•'
17%
15 Mi
11%
2 % Jan
49% Feb
-.16% Aug
-
6% preferred
Eaton Manufacturing
17%
15 Ma
■
24% Apr
15
Jan
Jan
15% Apr 14
•
41Me Apr 18 '
12 y» Jan 29
•
5
7% Apr
43
lMa Apr. 29:
I
Apr
Eagle-Plcher Co
10
Eastern Airlines Inc
1
Eastern Corp common
—10
Eastern Stainless steel Corp
5
Eastman Kodak Co common——10
8
IOOM4 Mar 30
32% Mar 18'
•
Jan
16% Dec
-
4
mt
Oct
3
7
10
49
Feb
3%
33% Apr 29
12% Feb 25
Jan
74% Jun
Feb
59
14
20'
6% Jan 29
26 Mi
Jan
60%
4
> Jan
7
20% July
!
t
9%
90
17
Feb
4%
18
12
10% Feb
Feb
32% Jan
27%
;
•
13% Feb
9% Mar
12% Jan
29% Dee
97
Jan
98
56% Jan
•
Dec
•
174
13
19% Jan .'3
153
Feb 15
147
'
,
5
Apr
Jan
23% JUly
f
123%
88
37% Jun
2% May
5
13% Jan
7
47% Mar 29
26% Apr 14,
14 Mi
Jun
16%
-
16% Mar 29
7
Jan
Jun
56
Feb
139
8%
20 % Mar 30
13% Jan
11
164
Jan
106
39% Nov
32%
jun
Jun
16%
92
11
t
33% Deo
19% May
•
Deo
82
ant Feb
42% Feb
46% May
Sep
30% Dec
16% Feb 26
4LVfc:
5
*59 MB
*4 Mi
7%..
*8%
61
k
*54^%
-■
4%
"..7%
61
4%
*
8%;
-7%
,
-.<8%"
40Mair40'/a
4Mb
5
200
55
*59 MB
■
'
4%
7%
8%
40 3/8
5
5
.
;
1,200-
>
7M»
.<*68:.-
-
433/4
.'
12%
*7y8
7oy2;
6
<
<
240,
,
178
,122
\9
■
//
H-%;
17%; ?;
•
•
3,200y.
300
X 27Ma
■■..17%
:
:
67%
*27
13'r.
7y8
43 Ma
'<
•
*135 Mi
136%- ---*135%.136Ma
213/a
21.3,4
22 MB
/
•<*67
178
*17 MB
>'■■■
43%
■-
-<
*11 Mi
-
.,9/.;: 9%;
22.
673^
*69,'- /
70%"
122r.122
.'
9%
—
7 Mb
c'
*17%'v'i7%/
tv.
44MB
"
9 Mt
*160
Ml -21%
27%
,s /
it *12%
;
13
11%
.
6%;?.-. *1
,
i
•
v.; 27%
178;v,
7 Me
7 MB
*67
v
28.
*160
.
70Va
«.11%
~
•
5 7/a6 Mb
120
t'44Ma
'
•
67 Ml
*27
17.%.. ..J i.'-:/17% 't 17% .n
;.i7%
,6,
6MB
120%
;
7y8
70%- -.--*68.%'
:v. :
11%;'. 11%
'•17% *<17%
-12% :/12%"''178
67 Mi
.
>
28y2i<-
*160
.
7%
7
: 12 Ma
•'«
'
67%
*27 Ma
178
'6*69
>
*66
,,
12%.
123/4
*160
178
:
66%
,28
,
20 Va'
20%
203/8
197/b
28
28 Ma
.
•"*i2%r':i3
*69
pfd
Inc
99
63Ma-
•.•
32%
53 Ma
20M4
■
■
v.*98M2:99%;
■
26%
42%
^
*66%".67Ma.
,
lo
—■
-
32%
5,100
'
—100
^—
83/4
/
Mi
20 Ma
*97%
■
32%
*53%
•"
-
25 MB... 25%
95
20
pfd__i_100
(
-
.
/,
.16 Mb
*96% ' 97Mi
*94
1 7/b
*9%
123% H 23%
No par
.
*99% .100%
..
',42 Mb
,
Corp comj_—i_5
......
26
9%
14
-
; 9
173. ,173%
173
•4
9%
non^cum
Cutler-Hammer
,
172'/a
Cunningham Drug Stores Inc
2.50
Curtis -Publishing .com.—No par
$7 preferred
—No par
Prior preferred
No par
Curtiss-Wright ■ common
:
1
7
26% Jan
Mar 14
21
7
20
99»/a
J
4%%; preferred—
Press
21
21
20 Ma
Cudahy Pacning Go common
Cuneo
203/4
,
13%
*■
52%
9
r 52
9
°97%
Cuban-American Sugar common—10
7% preferred
———100 •"
Jan 27:
24%
■>.
'
6 %■
RR
'.
52 Mi
100 Ma
$4,20, preferred
;■
52%
9
•
.21
__No par
Zellerbaoh
,
.,50 %
? 98 Ma
$4 2nd preferred—,
—No par
Crucible Steel of Amer com—No par
5% conv preferred.
—100
Cuba
10
•
138,
"
Jun
13% May
18% Feb
;
•15% Jan 27 '
12% Feb 24
17% Aug
1
-
-143/4
*13%
"
10%*
,
14%"
50 MB
52%
9
99'%
$2 preferred
Crown
8
98
Feb 15
94
27% Jan
*
.
.
52 Mi
9
com——;2.50
Crown Cork St Seal
103/a
14%
50'/a
14%
51
25%
of, Americau——
C
'51%
—i_25
common
Cream of WheatCorp (The)—
94-
Jun
26% Jun
4% Feb
*50yar"61>,
""•10 V.
10%
14 Ma
preferred—,—_——100
3%%
32
10%
19 Mi
133/B
'
"
54%-*
*53M4 ;
-54 Ma
-
50 Mb
0
.
63/4
55%
13%
14%
7
23
103% July,
,
10%
143/B
*50%
28
3
Feb
122% Feb
47% Dec
'•10%;..10%
y8 . 15:-.-
<?rane Co
4
100 M» Apr
24
7
lOU*.
147/B/*
50%""'
19% Jan
r Feb
18% Dec
54 Ma
25% Apr
23
11% Dee
*53 Mi
7
36% Jan
7% Deo
54%
Feb
46% Mar
67% Dec
«.t62%
*53
No par
15% Apr 28
34%
177
323/4
Creameries
Dee
12% Feb
Apr
32Mb
10 Mi "Mar 30
Dec
156
32%
3
May
84
32
14
26 %
Dee
31 %,
8%-Jan
Jan
129
31
Jan
24%
Feb
30%
7?
18
Apr
2MiJan
1% Feb 25
99
25
Apr 26
178%-<Feb
>
24% Apr 29
Jun
Nov
Dee
95
Deo
20% Dee
66% Deo
30 Ma
8
r Feb
99
64
iter
17%
36%
23%
91%
13 Ma
Exchange Hank & Tr Co.—20
Corning Glass Works common.—1
3%% preferred
ij—.160
•Cum pfd 3%% ser of l947-j.-100
Corn Products Refining • com*—!25
7% preferred
—-100
Coty Inc *
i
—1
Coty International Corp
.
I
23% Mar 24
3
98 Va
13
133/b
Corn
99% Jan 25
;<
6
Jan
39% Jim
.
133/4
Cornell Dubilier Electric Corp——;l
171% Jan
6
3% Mar 25
Mar
55 Ma
Copper Range Co.
;__i._Nopar
Copperweld Steel Co common.—8
'Convertible pref 5 % series
,60
;Jan 10
92% Jan
•57
6% Jan
.
1% Dec
29
Feb
92% sep
8% Dee
x2i
■
66% Mar
54 Ma
<
Shares
-6%
545/a
55
*13%
6
Apr 26
6%
54%
13%
15
7
6-3/4
t,
56%
Feb
12
•
13%
Jan
11% Jan
7
56
55 y2
12% Feb
54% Jan
6%
13%
52
3
67/a
6%
the Week
$ per share
56 V*
4
49% Mar
6%
Sales for
Apr. 39
$ per share
share
Friday
.
Apr. 28
Apr. 27m
$ per
13%
$3 prior preferred
17
6 3/4
6%
Thursday
Wednesday
..
f per share
1..
56 y4
19%
8'/a Apr 29
Jun
JUly
98
56% Deo
10
•.•(Tuesday
f•
Apr. 26
share
Delaware-.:——5
8
4°% Jan
42% Mat
9% Nov
Cooper-Bessemer
Jan
$ per
■
^14
Corp
Corp .common—6
of
Steel
Continental
i'IA
,
55%
8
10yBApr
14% Apr
Oct
v
Mar 18
53
26
55%
14
Continental Oil
32% Apr
'21
6%
1
,
■
:
Apr. 25
I per share
Par
Continental Motors
7
}
LOW AND HIGH SALE PRICES
i
58% Apr 18
15% Jan J.
11
197/a
19% Mar
x49% Mar
15
8% Jan
14
Mar
14
Monday
Monday, May 2, 1949
RECORD
Saturday
Apr. 23
EXCHANGE
g per share
t per share
"
46%
STOCK
STOCK
NEW YORK
,
.
Lowest
$ perThare
Feb
6
CHRONICLE
STOCKS
Range for PrerioiM
I per share
FINANCIAL
&
-200
900
3,200
1,400
Number 4799
Volume 169
COMMERCIAL
THE
/
STOCKS
Range for Prevloua
Range Since Jan. 1,
Year 1948
>
Lowest
Highest
per
$ per share
I per share
NEW YORK
•
Highest
share
i
$ per share
•
-
-
i
<i
Nov
37
54%. Jun
,
Nov
Apr
20
36% Feb
19
Oct
33 y4
;
23% Feb
28% Nov
,
Feb
1
15
Jun
16
Oct
11 % Mar,
43
5
Dec
1
.
,
103%
Federal Mining it Smelting Co_
2
/
5
•'
"*17
4 Va Mar 18
6% Jan
10
Federal
Truck—i——No par
:
28% Jan
6
Jun
95 % Mar 23
99% Jan
20
Sep
16% Apr
20% Jan
5
Felt
Jun
6
Federated Dept
4%%
14% Mar 25
17% Jan
64% Jan
31
<,
Jun
44% Feb
25
68% Apr : 6
50 % -Mar 21
Jun
105%Apr
19
107% Mar 17
Stores com,
5
preferred
& Tarrant
*•
*
25
4%%
Rubber
—
Jan
3
61% Feb
4
First National Stores—
27
17% Jan
3
Firth
*15
31 % Jan
Nov
Jun
23 V4 Apr
Dec
May
98% Jan
7
Dec
36 y2 May
24 % Apr
28
13
Dec
15 y2
Jun
13 Va Jan
3
12%
Dec
21%
Jan
12% Jan
14
42%
xl04
40 y2
Dec
Dec
79
Dec
82 V*
Nov
92%
24%
Dec
28
24"% Jan
7
24
10% Apr
12
29 % Jan
8
90% Jan
18
95
26
V8% Apr 29
Mar 10
90
19 % Feb
Jan
Jan
Follansbee
*14%
14%
13
Corp,w
Food
Machinery &
3%% conv pfd
3%%
10
Chem
18
1
Corp
4%
25%
25%
48
97%
*97%
15%
*
48%
105 %
Feb
10
Feb
,
12%
18%
16%
10 Va
21'/a
,14%
10%
,10%,: 10%
21%
21%
80
78%
78%
'io
V4
78%
*91 VA
92%
*78
91%
91%
91%
91%
91%
91%
24 Va
24'/a
24%
24%
24%
25
24%
24%
24
24%
*24
*24
Francisco
No par
*9%
10%
*9%
10
9%
9%
*9%
Franklin Stores Corp
1
*gy8
9%
*9Va
9 Va
9%
9%
9%
9%
Feb
11
45% Apr
29
Freeport Sulphur Co
10
42 Va
42 Va
9%
42 %
12 Va
18 Va
75%
42%
43%
*42Va
43%
12 Va
12%
12%
12%
18%
19
19%
19%
75
75
11% Jan
19
12% Mar 17
18% Feb
25
20% Jan
12
Fruehauf Trailer
73% Apr
14
78% Feb
2
6%
Dec
10% May
6% Feb
10
7 Va Apr
4
6%
Dec
10% May
6
Feb
21
7% Jan
10
*42
Froedtert Grain & Malting Co Inc_l
Jan
Dec
20'
Jan
Dec
12
Aug
38 VB
Dec
12%
Feb
48% Aug
17% July
Nov
23%
4%
Apr
26
17% Jan
18
9% Jan
10
*24
Apr
18
41% Jan
12
13
Feb
25
17
18
Gamewell
16% Feb
Apr
9% May
Apr
26
Gardner-Denver
13 Va Apr
25
Garrett
6% Feb
3
32% Feb
4
18
19
Dec
45
May
27% Jan
3
16ya
Dec
29
23 % Jan
7
Feb
26% May
18 y4 May
17% Apr
11%
13 % Jan
3
15 Va Jan
20
105%
Dec
100%
Jan
8%
Feb
146
102% Mar 23
Jun
106
159%
9% Mar
14% May
Jan
11
24
163% Jan
6
$4.25 pfd series A
Baking
$8 preferred
19
15
July
7% Apr
28
10
Jan
7
82
Jun
65% Apr
25
79% Jan
20
Nov
44% July
18
Dec
24
X125
Nov
144
Jan
31% Mar
43
May
27
Jan
Jan
Apr
1
139% Apr
2
19
25
41
Jun
Jun
Dec
7% Feb
97% Apr
14
13% Jan
11.
Feb
Feb
128%
Jun
Feb
108
Jun
97
53
4
97
Apr
107% Jan
40%
.*97%
119
93%
Feb
share
General
123% Jan
5
125% Jan
17
99%
Jun
>
Nov
13
.
18% May
Nov
Feb
12% Apr
I per
57%
*124%
<
21
2%
Feb
Dec
18%
Dec
120
4% May
15%
29 '
.
4% Mar
22%
Feb
24%
May
128%
Sep
-
Jun
Jan
6% May
30%
-
Jun
31%
Nov
Jan
2% Feb
8
Gen Precision Equip Corp
3
17% Apr
13% Apr
Gen
Gen
7
Jan
6
123
10
23% Jan
3
24% Jan
Mar 14
28;
:
Utilities
Public
*j9
Railway Signal com
preferred
i
Utilities
General Shoe Corp—
Jan 11
110%
Feb
Oct
22%
Dec
<
29% May
22% Jan
3
26 Va Apr
4
21%
Dec
!
30 Va May
19 % Apr
27
22 Va Apr
4
General
98%
Apr
18%
Dec
76
Dec
72%
132%
Jan
99% Apr
Jun
18
Feb 25
21% Jan
5
75
Jan
24
77% Apr
11
30
.
•
90
•
71% Mar
8
Apr
4
5
73
Mar
27
12 V* Feb
27%
Feb
39% May
28 Va
Apr 22
33% Jan
87
Dec
96 VA
82
Mar
91
17
Dec
25
75
Dec
85%
Jun
May
Jun
-
8
:.
:';13%
113
31
48% Jan
3
5% Jan
3
8
Apr
18
116
Jan
12
17% Jan
7
122
,
Nov
24% May
Apr
6
14% Jan
3
Feb
10
64
9
103
107
Oct
56
103% Aug
101
64%
47% Mar
94% Mar
38% Mar
50 Va
Oct
Mar
x40 % Feb
11
16% Mar
Jan
'2
Apr
11
3% Jan
7
8%
Apr
5% Feb
19
Oct
16 Va Jan
4
5%
Feb
Aug
18
Feb
35
Oct
23
Nov
31
May
89
Nov
99
Jun
93 Va Apr
14% Sep
40
July
12% Jan
Jan
6
Mar
'!
Dec
132
Feb
60
;
,
32
5
24% Jan
13
26
97
Jan
25
11
16% Apr
9
Apr
Jan
11
13
12
Feb
23
13
36% Feb
24
43% Jan
7
Jun
16% Jan
3
18 Va Jan
10
145%
Jun
77
40%
Jun
13%
17% May
134
Apr
27
144% Mar
3
Apr
Dec
Grant
33%
Mar" 19
13% Jan
4
38 Va Jan
3
14% Mar 29
Co (The)
(W T)
Co common
Great Western
7%
(H
L)
-iO
,
Feb
90%
13% May
10% Jan
4
Dec
98
Jun
93% Jan
26
25% July
15% Feb
8
'
„
16% Nov
5% Mar
85
Feb
11% Apr
97
Mar
20% Apr
14
Jun
5
Feb
24
6% Apr
7
July
92
Jan
4
94
Feb
16
Jan
7
$5
12%
Nov
20%
Jun
10% Feb
24
Feb
58%
Jun
45
Feb
15
50
Jan
8
$5
26
71% Jan
7
Gulf
3
Feb
81
Jun
14
Jan
18% July
16% Jan
For
footnotes*. 6ge page 26fii
20
Apr
25%
*118
25
■
*19%
20
101%
*100
20
20%
V
16
conv
Corp
Corp
*66
27%
*26%
27%
400
19%
19 %
*
19%
800
*
37%
3o%
37
41%
41%
41%
41%
*97 VB
97%
97 VB
97%
*97 VB
kfc%
8%
8%
8%
*126%
—
124 "/a
99 %
99 Va
99 Va
16%
*15%
24%
•:' 24.%
13%
13
2%
2%
2%
2%
13%
13 %
13%
13%
13%
18%
18%
17%
17%
16V'a
16
16
T
25%
20
*
12 Va
37 Va
137/a
*
: 300
13%
16,600
17%
500
4,800
1,500
25%
20
19%
1,600
700
.
100
70
■'
,
800
19%
19%
,20
270
25
25
100
77
*69
8
8
8
8y«
29
86
13'/a
75 Va
25'A
18 Va
28%
29%
29
29%
13%
13
18%
46%
46%
64%
19%
65'/a
19%
4 Va
24%
24%
18%
18 Va
18%
53%
*52%
53%
*52%
52%
7%
7%
103%
16%
16%
16
16
1,200
62%
62%
62%
62%
62%
2,700
101%
*l01Va
101%
*101 Va
62
103%
.
14%
41%
103%
14
v
"
8%
8%
■
19%
23
21%
21%
15
'
J
5%
5%
*92
12%
.
,
,
J .35%;
38 ■
17%
38%
38%
;
19%
700
21%
21%
*93 % '94%
2,300
!
17%
37%
38
17 Va '
17%
134
'*64
135%
70
37%
37%
14
11%
37%-'
*13%
38
5%:
,
*92
-
12%
13
47
«
^
"
1
37%
1,100
5,200
17% k
136%
.
'
2,200
150
•'•;^i%
*96
19
'••'18
5%
5%
11%
19%
100
14
•
18%
17%
•; 5%
5%
*92
95
13,300
97
*96
97
11%'
*
30
18
6,000
1,800
5%
200
95
3,000
12 Va
46%
46%
*45%
47
.64%
47
19%
1,500
37%
12%
?5»/4
64%
65
8,200
19%
6,100
12 y4
12%
65%
37%
*13%
14
11%
•
♦92*"
95
65
70
*64
"
.
•
18%
100
;;
12%
300
2,800
i,
97
*96
19%
'•
15%
v
'
il%'
v
'
70
*13%
97
65%
'19%
*12%
135
ll7/a
5%
12%
134
,
Va
1,200
'
v
17%
1
14
95
37 Va
15
*34%
134
70
37%
12%
15%
35%
^64
135%
'
5
15%
15%
12%
46%'',.46%
64%
19%
22%
94%
'
95
12%
19%
22%
•93%
12%
6,900
22
95
36
-
19%
19%
21%
.
19
8%
21%
17'/a
*64
*96
8 Va
21%
12%
*
135%
19
8%
21%
'
11%
2%
22
14%
200
2
8%
8%
*34%
200
10,500
2%
19%
!
2,400
14%
2
23 Va
36 Va
.
17 Va
37%
!
'*13%
14%
*13%
14
19%
'
42%
104
r
'
12%
•13%
*103%
104
,
101%
41%
42%
*103%
*22%
:
■•';••
03%
38
103%
94%
19%
23
'
*35
108
42%
42
2%
2
2 Va
"
40
•i06Va
16%
*101%
41%
15
4,100
108%
61%
102
41%
8%
100
7%
108
108%
16%
2
*106%
600
3,400
.
*16'/a
110
*13%
7%
7%
7%.
<
3,200
5,500
300
75%
24%
18%
52%
60%
ll7/a
647/a
19%
75
24%
18%
7%
*101 Va
96%
47%
75
25%
18%
18%,
16 Vb
12 Va
12%
37% 38%
17Va
17%
136
136
*64
70
37% 37%
*137/a
14
647/a
75%
*24%
53%
*108%
^
13%T
*74
7%
•
*
■J
13
w
85
*83%
u
■
5,600
29%
28%
k
86
13%
13%
*52%
14%
36 Va
*46%
*83%-
86
-•
,
•S-' 19%
i
i
19 Va
.•
'
"19 %'
i;
j'.
•
8
75%
25
19%
23
22%
94
187/a
*5%
*92
13 J/a
••
!,
20
72
•
8
25
*74
16%
11%
29%
29%
*83'/a
86
*83%
-
78%
*76
72
77
77%'
77
;'j
700
,
118
117
■
•V+
'
!
i
5%
■23%
25%
'
20
8%
12
123
5%
23%
101%
20
•;
2%
*120%
25%
19 %
*100
20%
*19%
■
25%
.
19%.
101%"
*100
'
f,
V
118%
25
19%
19%
1,900
3,000
2,300
13%
-25%
117%
25
25
19%
25%
15%
25
13%
*17
23%
119%
119
101 Va
5%
!•'.
500
*2%
123
5%
23%
25%
25%
119
*
*120%
23%
23%
24
.
»
5%
5 Va
5 VB
19%
123
*120%
123
•
*100
20%
99
8 Va
*35
19%
124%
98%
24%
25
96V*
'
124%
13%
25%
11%
'
124%
13 V.
118%
97
19%
57/a
95
12%
Gulf States Utilities Co——No pai
124%
57%
124 5/8
24%
25%
11%
No par
25
57%
13%
118%
20
900
57%
13
5
25
36,600
57%
24%
24
101%
Shares
57%
V*' 18%,
18
the Weak
57%
99%
*120%
Sale* for
share
$ per
8%
36 Va
210
400
share
per
.16
', 24%
13%
24%
$
share
*69
14%
1,800
Apr. 20
Apr. 28
,
'
60% 61%
*101V8 102
41'/a 41%
*103% 104
.'.*13% 14 %
'
2
2Va
8%
8%
'
48%
I per
72
22
95
2,000
Friday
Thursday
(
Apr. S 3
*69
19%
500
8 Va
126%
*100
101
99 Va
15%
\
*96
19%
*5%
*92
12%
10
Wednesday
125
24 %;
13 Va
,
,
101
72%
*22%
22%
*93
14%
10
5,300
102
•126%
127%
.
20,300
97%
'
48
49
*48
48%; 48%
78
19%
40
138
138
138%
36%
*69%
*16'/a
v4
137 Va
57%
*99
.
18%
*52% 53%
7%
7%
108% 108%
2'/a
8%
19
68
>a
41%
*76
25Va
5,700
8
68
78
,
8
7%
*26%
40%
8%:
i
500
,V
*66 l/a
8%
28%
16 Va
7%
20
„
10%
10%
27%
72%
*83 Va
13Va
75 Va
1,600
'
69
8
*67
* 69 Va
>*
>
10%
163
*161%
10%
8%
v
10%
10%
163
*10%
10%
10%
49
.
Sugar common
1
preferred-No par
preferred
Oil
*102
10%
*161%
*76
78
V72%
,
8%
22%
*36%
137/a
1
Gulf Mobile & Ohio RR com_No par
14
57%
100
100
Guantanamo
9
Aircraft
104%
Sper share
5
3
Grumman
*100%
10%
163
37 y8 ".37%
>
100
preferred
4%%
6
44
it
-
2%
8%
12%
(The)—
Common
2
97
60% Feb
,
38%
387/a
*17%'.17%
*135% 136%
'*64 " 70
No par
& Die Corp—No par
Greyhound Corp
; ■
24%
;
*35
Prop—No par
6% pfd
Co Inc—
Greenfield Tap
104 Va
10%
*161%
PRICES
18
22%
22
*93
14%
Sugar com—No par
preferred
Bay & Western RR
Green
*100%
•'
'
,
Apr. 26
123
5
*19Va
Stores com——1
-——No par
Gt Northern Iron Ore
Gt Northern Ry
.
No par
5
100
City Steel
3%% preferred
Grayson-Robinson
$2.25 conv pfd
Green
Jan
Union
43
•
3
*17%
.
1,400
43%
Tueuday
13%
*120%
*60%
61 Va
*101
102
41%
41%
*103% 104
14
V 14
No par
No par
1 '!
5
1—10
Hosiery
Granite
'
36
16%
No par
Granby Consol M S & P
Grand
7
23 Va
29% Feb
,
20% Mar
22
'
No par
com
Graham-Paige Motors
14
15% May
Dpc
36% Feb
16
21% Apr
Apr
(B F)
preferred
Gotham
8% Apr 23
28% Jan
20
50% May
X12
,,,
18
*2%
13%
'
*52%
53%
7%
7%
*108% 110
10
Inc
preferred
$5
5
5%
,
$5
3
19
15 %
29
104% Feb
...
*75 Va
76 V*
*25%, 25%
*18%
18 Va
Corp
Goodyear Tire & Rub com—No par
26
13% Jan
Dec
9% Mar
45% Jan
Jun
23%
101
"
;
Goodrich Co
17
5
Oct
Dec
2%
Goodall-Sanford
Mar 24
Feb
Jan
105%
96% Mar
15
No par
!
2.50
Glidden Co (The) com
-No par
4%% conv preferred
50
Goebel Brewing Co
1
Gold & Stock Telegraph Co
100
53% Mar 25
Oct
Dec
'*
*
28%
29
*83 Va
86
,13% ;13%
"
5
preferred
$4.50
Gleaner Harvester
7
July
No par
No par
Razor com
$5 conv preference
Glmbel Brothers common
5
Jan
6%
Mar
14%
Gillette Safety
7 55 %
Feb"
...
7
21% Jan
Mar
*>100
'
270
43%
104 Va
43%
103%
13%
25 Va
.
19 VB
7
17% Mar 28
28
*
5,200
43%
127%
15%
24%
99
'
May
19% Nov
*25
14%
105%
17%
18%
43%
*100
99%.
•24%
>
14%
105 Va
f,
1,500
14%
105%
97%
*124%
"15%
*
18%.
14%
*18%
14%
106
*126%
125'/a
"
',a
105%
18%
14%
"
i
118%
*76
*69%
*8%
25% Mar 29
!
f
*26
i
37%
57 VB
99 Va
25%
*25%
*19%
17% Jan
300
103
*124%
23%
*118
5
76
27.%
126%
57%
5
,
preferred-.100
preferred—
100
Georgia-Pac Plywood & Lumb Co_l
13
27%
,
40%
*99%
I per share
'
3
23%
4% %
12% Mar 23
23
5'
3% fr
74% Feb
24% Mar 28
4
Jan
*26%
48 Va
126%
99%
Monday
.
18
*120% 123
Corp
Gen Tire & Rubber Co com
3
27 Vb
8%
57 Va
13%
13%
"
com_—No par
preferred——
100
4% %
4
102% Jan
Dec
102%
:
Steel Castings
Time
!
2,600
8%
*
May
82% May
Jab
48%
Gen
27
3,300
5%
8%
v.y is
— 1
No par
20
$6 pfd
General Telephone Corp—
122
I
No par
114% Feb
25
12%
5 Va
8%
V
13
*2%
10c
No par
100
-10c
—
Refractories
General
12%
5%
138%
15%
24%
-
13
—5
Corp:.
6%
7
12%
5%
*137 Va
Apr. 2"»
share
,15%.
;*24'Va
No par
Gen Realty &
5% Mar 17
4% Feb
Public Service—
Gen
20% Jan
22
121 Va Mar 16
24
7
19
3% Jan-
10
11% Jan
12%
5%
138%
i
•
10%
12%
*137
36%
40l/a
97%
99'/a
125 Va
7
26
900
19%
57%
16% Mar
3
400
18
*18%
Apr. 23
Par
25 % Jan
16% Apr 28
25
23% Mar
,
10
Corp com
■
preferred
$5
16 y4
18
LOW AND HIGH BALE
,
*
Motors
16 %
18%
19%
8%
>
Saturday
*
No par
Preferred $3.75 series—No par
Gen Outdoor Advertising—_No par
General Portland Cement Co.—_1
100% Jan
Jan -6
x97 '
Jun
26
Feb
V
■
16%
27%
8% '■■('
49
37%
*27%
19 %
101% >
*99%
>
V
share
Jun
17%
12%
i per
t per share
2
16%
*48%
•
97%
700
37%
27%
*
STOCK
'
62% Feb
12% Mar
40%
p
*126% 127%
—100
—100
EXCHANGE
125%
Oct
No par
common
YORK
NEW
Highest
25
*
37 V*
200
1,200
37%'
37 V*
•
1
4,600
8%
8%
:
9
600
i
6
loVa
*16
*17%
48%
49
*126% 126%
138 %
37 VB
: » 8%
Corp
5preferred
3% % conv preferred
56% Feb
66
*137
No par
19
1
13
Nov
50% Mar
100
27V*
'
8%
€%
■
6
6
110
*16%
68
67
67/a
7 ,
16%
2,000
,
16%
18%
10%
8Va
8%'-,
65%
27
19'/a
*137
138 Va
36%
37%
40
40%
97V*. 97%
.
74
5%
163
10%
10%
10%
8Va
65%
27
18%
8%
19
No par
No par
Range Since Jan. 1
>
Lowest
Highest
S per
*27
*10%
8TOCKS
Year 1948
t per share
50
No par
com
Range for Previous
Lowest
67
163
19
74
18%
106
104Va,
10%
7
18%
74%
12%
*100%
163
19
187/a
*73
37%
43%
10%
1,000
87/a
14%
163
12%
6
i
43
104%
10
*161%
8 Va
*65%
AOO
$3.50 preferred
General Mills
52% Jan 13
127% Mar 3
4
123% Jan
10 V*
*11%
6%
37
105%
43
*100Va
104 Va
*10Va
General Instrument Corp
v
42%
12%
2,400
27%
14%
106
3,200
*11%
10
18%
105%
14%
14%
*105%
45%
*16
18%
18%
18%
18 Va
.
j
43
No par
Co—
,
700
45%
"
*16%
28
*27%
28
*27 Va
10 Va
preferred
General Foods
43% Mar 31
4
45% Mar 31
Oct
40%
118%
7%
General Electric
6
Jan
3
93% Jan
13%
40
18%
5%
15%
:;v-
:•
* 10 %
2nd preferred
conv
5%
5%
<
9%
45%
6%
12%
5
General Cigar Co Inc com
28.
39 % Jan
96
Mar
4%
7
20
Jan
Nov
87%
9
31
4
35% Feb
133
Mar
34
19
Apr
17% Mar
12%
*161%
preferred
1st
13%
No par
GeneralCableCorp.com
4%
18%
*100'/a
*
5
General Bronze Corp
Sep
18%
19
5%
*42%
5
common
16%
18%
14%
14%
*105% 106
—No par
Co
37%
16
28
18%
,
—100
Transportation
General
11% Mar 31
9% Feb 24
Amer
37%
16%
5%
*27Va
1.66%
$4.50 preferred
General
10% Jan
l
com
37%
16 Va
12%
50
Inc
37%
19
9 Va
16%
8%
—
General American Investors com—1
8
106
7
Jan
160
Dec
28 y8
.
Feb
10
Industries
conv
8%
16 Va
.
*18 Va
2
preferredGaylord Container Corp
5
46% Jan
4%%
Nov
9
72 VA
,
106% Apr
15
102% Mar 23
May
11% July
Apr
Feb
42
53 y2 May
Wood
Gar
—No par
(The)—
Corp
8%
37%
*16
9 Va
8%
16
16
8%
24%
9%
16%
6
390
1,100
44%
75
6%
*
6
6
16%
*16
9
*37 %
-
6
350
24
9Va
9%
10
*73
7
*6%
7
6
16%
*8%
50
7
6Va
*16
5
""
7
6
No par
Co
*75
*6%
20
(The)
12 V4 Apr 26
5 Va Mar 28
Jun
Dec
42
Co
*18%
75%
1
com
37
18%
*75
1
(Robert)
12Va
12 Va
18%
loo
(The)
'
12 Va
•
1
common
6% preferred
Gamble-Skogmo Inc com
5% conv preferred-—
5%
99% Mar
Co
Gair Co Inc
6
8% Apr
16
Co
preferred
Gabriel
27%
,
*24
24%
*24
24 Va
3
Aug
1,100
8,000
91%
11
84
10%
21%
24
11
12% May
KHa
20%
90%
9% Jan
24%
16 VB
i
15,700
24
24 V2
500
15%
14 Va,
92
*24
2,800
21 Va
11% Jan
Dec
lo
21%
81
'
200
13
110%
25% Feb
x38
>a
16%
25
Oct
14
*12%
18
26
25
3,200
24%
13
24
17% Mar
9
15-
Feb
47%
100
*12%
Feb
Co
i
500
*99 V4
14%
15
9
Sugar
j
500
15%
*23%
24 %
8% Feb
prior preferred
100
59
24
24
-
10o%
23 V4
100
24 %
24%
12%
700
2,200
1
*99 %,
1O0
23
May
68%
16 %
"
16% May
Aug
35%
23%
23%
14%
1,100
Va
i
*47Va *
*lo5V»
106
23%
10
Dec
8%
*105y4
*4 ;v»
91%
1
10
15%
fa
*67 - -"
f
•>
58%
15
*79
'
.
*13 Va
10 Va
81
15%
15%
13%
12%
21 Va
20
100
587/a
14%
.
%
lo"/a
58%
12%
u ,
9J
*13%
23%
4,300
*93
13%
17%
1Q%
28
u
59%
*24
1,700
*16
67V»
*'47% ' 48 t
'
13%
*99 %
300
4%
•
'
106%
*58%
25
25
•
200
li%
*17
4%
99
'67%
36
36
1
'i 16%
15%
15%
67%
48
'
9%
16%
17
67%
100
21%
*79
81
99 %.
21,500
4,500
25 Va
25%
23%
23%
*
*24 Va
'1%
12%
4%
25%
13%
13%
1,300
l^a
17 V4
4%
3,100
*12%
36 %•
97%
J
17300
-
.
v2%
1%
17%
4% *•
4%
*16%
"
106M,
*57%,
59 Va
18
21%
•
*
*35 Va
-
25
*105%.
58'/a
13 %
24
100
24%
14%
12%
18
10%,
21%
*79
100
common
'
10%
21%
;_100
'
18
.
lo%
Corp.. 10
preferred——
Foster-Wheeler
6%
24
*12%
4%
38%
32->a
12%.
17%
15%
*99V4
24%
14%
12%
33%
'
36%
^
67%
48%
*
7%
Food Fair Stores Inc——
26% Mar 17
11
Steel
Shares
.23% ,.24
„
12%
*17 Va
"
15%,
13%
32
1 Va
-
*35 Va
17%
67%
57%
26
No par
,
36%
67
48 '/a
*
100
*25
Corp
*35%i
*17
17
24
*99
No par
Florsheim Shoe class A
Power
tha Waak
share
'
1%
99^-
-
14 %
23%
..12% A 12%
*97 Va
48
24 Va
*31
■
' 105V4 105%/
59
_No par
Florida
9
8% Feb
Dec
preferred
(4
Florence Stove Co—*
'
-
*12%' '13
*16 Va
"
V
106
*57%
*14%
1%
99
-67
^
48 V*
*105%
No par
1 Va
-38%
'
,
17
*15%""'15%
15%
Flintkote Co (The) common—No par
6
13% Mar
Jun
25%
Jan
Carpet Co
15% Mar 29
Jun
105
Mar
28
20% Apr 29
38 Va May
47%
7
100% Mar 17
14% Apr
Jan
12% May
9% Mar
27
21
(The)
25%
67%
*•
32%
' -*16%
'
' *67<V
No par
13% Apr
24%
32
17%
4%
25%
"97%
17
*47%'
24;%
31%
38%
23%
24%
12%
4%
- >
98
-
—100
53:
26
preferred
oom_
<
25%
*96%
i*16%
I
10
Firestone Tire
4%
38%
37%
31%
36~*"v36 "
r')*17%
17%
25%
-
^
5
Corp
:
Fidelity Pnen Fire Ins N. Y._
&
S per
J
\
t
Balsa far
Apr. J)
t per share
38%
37%
24%
1%
12Va
"13
«-
*4%
!
100
Mfg Co
' ,12%;
,
20% Aug
.
96
22
—1
Ferro Enamel
28
28 y8
22 Va
Fedders-Qulgan Corp
59 y4 July
;
**
.,«3o%v37
Federal-Mogul Corp
53
Feb
14%
8
26
9
t per share
Friday
Apr. 28
30%
30%
I Vb
'
1 %
26
,69% Oct
Nov
49% Mar
31%
14% Jan
107%
Feb
Dec
*30%
:• r-1 Va
(
17% Jan
26%
?
Dec
17 y«
1
38 V4 Jan
24%
;
53%
Corp^—,
16 Va Mar io
24% Feb
Thursday
Apr. 27
S per share
37%
24%
24%
"'•'
35% Jan. 3
99 %
Dec
42.
24
37 Va
37%
24-.
Jun
31% May
Feb
19%
37%
-
Televis'n & Rad Corp__l
Motor
PRICES
Wednesday
HIGH BALE
Apr. 26
$ per share
-
y.,
2o
Brewing
Farnsworth
7
No par
Co_
12 y8 May
(
Feb
90
Falstaff
27
Jan
&
20 % May
:
Feb
Mar
20 %
7^a
9
16
Fajardo Sugar Co
32% Apr
11%
Feb
11
35 V*
Fairbanks Morse
5
19
:«•
'
7
Apr
*
Sper share
Par
'
*
Apr. 23
Tuesday
Monday
Apr.25
Bstirisy
v
,
25
Mar 23
Nov V
5
f-.
.-
(1895)
RECORD
LOW AND
^
-
.
41% Jan.
8
28
CHRONICLE
;
STOCK
EXCHANGE
jp*
xl9%
STOCK
YORK
NEW
Lowest
FINANCIAL
&
12%
5
400
|
!
COMMERCIAL
THE
(1396)
20
$ per
Saturday
Monday
Tuesday
Apr. 23
Apr. 25
Apr. 20
LOW
$ per
share
share
STOCK
EXCHANGE
Lowest
Highest
YORK
NEW
Range Since Jan. 1
Highest
Year 194K
HIGH SALE PRICES
AND
$ per
share
$ per share
Par
■# per share
>
Monday, May 2, 1949
RECORD
STOCKS
Range for Previous
$ per share
CHRONICLE
STOCK
YORK
NEW
Lowest
FINANCIAL
&
Wednesday
Thursday
Apr. 21
$ per
share
Friday
Apr. 28
Sales
Apr. 20
$ per share
share
for
the Week
$ per share
Shares
H
31
Feb
3 5 Mi
Oct
31
Jan
4
3 3 Ma Mar 30
Hackensack
Nov
22 Mi
Sep
16Mb Feb
11
19% Jan
7
Halliburton
Oil
3
13 Ma Mar
7
Hall
4
13
Mar 29
81
12 M*
12 Mi
Dec
Dec
Mi May
xl4Ma May
12
16
79
Mar
89
Feb
107
Feb
27M2
146 Ma
July
150 M2
20 Mb
Dec
4%
Jun
Jan
106 Ma Feb
4%
2
23 Ma Jan
33 Mi
*17%
17Mi
17%
13
12%
*12Ma
13
Feb
149
27
Apr
5
No par
6%
4
3
24 Ma Jan
19
3 Ma Jan
14
22
100
9141
preferred
&
Corp of America
4Ma% preferred
61
Jan
5
67 Ma Mar 21
6%
Feb
HM2
Jun
7
Feb
11
8Mb Mar 14
Feb
11 Ma
Jun
6Ma Feb
25
9 Mi Jan
Hayes
Mar
26 Ma
Jan
19 Ma Feb
3
common^—1
Hayes Industries Inc
6 Ma
59
Dec
x20
79
Jan
20%
Oct
27 Mi
78
Jan
91
29 Mi
Dec
42
103
May
20 Mi Jan
23 Mi Feb
Jun
84
Jan
91 Ma Feb
24
Jan
30
Jan
36
3%%
Heinz
Mar 30
100 Mi Mar
95Ma
Jan
22 Ma
Nov
24Mi
23 Mi Jan
28 Mi Mar 30.
34 Ms
Dec
3 5 Mi
Oct
34% Jan
38 Mb Apr
13 Mi
Dec
2 2 M» May
13 Ms Jan
15
Apr
4
41%
Dec
57Mi
40 Ma Mar 25
46 Mi Jan
18
127 Ma Jan
27
120%
25 Mi
114
Dec
Oct
Mar
Apr
128 Ma
Feb
30 Mi
Apr
122 Ma Feb
17
Nov
2 7 Mi
17 Ma
NOV
78
Oct
Dec
14
28
Mar
Ma
122
5
16% Apr
17Mi Apr
8% Apr
5%
37
Jun
30
Dec
25 Mi
Jan
12
2 1Mb
Feb
29 Mi May
Ma
Dec
16 M2 May
15 Mi
Feb
30M4
25
Dec
30
Oct
24 Mb MarlO
27 Ma Apr
Hewitt-Robins
Hilton
1
34 M» Jan
4 1Mb Apr
4
9
29
18 Mb Mar
Mb
Nov
42Mb
Feb
24%
Nov
35Mi
Jun
x24
Dec
Dec
102
11
Dec
22 Ma
3
29
3
108
25
Dauch
Co
(C
Hplland
Paper
E)
21
Jan
Holly Sugar Corp
Homestake
2nd
9 Mi
931
31 Ma
*31 Mi
31%
14
14Mi
14 Mb
14%
23
*9Mi
23
10
23
23 Mb
100
40%
40 Ma
40 Mb
40 Ma
40 MB
40 Ma
24 Mi
*24 Mb
243i
104%
104 Ma
104%
11 Ma
11MB
11 Ma
104%
11Mb
5
Co
49
Oct
43Mb Mar 10
48 Mi Jan
19
Jun
29 Ma Feb
35 Mb Jan
12
Howard
20
5Ma Apr
14
3%
Sep
8Mb
Dec
8 Mi
Sep
14% May
34%
Jan
50
Nov
12 Mb
Dec
22Mi
Jun
9
10 Mb
Dec
19
Apr
5
May
2
Dec
12 Mi
Sep
14 Mb
$ per share
30 Ma
Apr
25Mi Jan
May
Jun
Jun
9
.
Jan
4
15 Mi
Jan
Dec
56
Jun
58 Ma
Nov
76 Mi
Jun
57
Jun
155
7 Ma
NOV
May
87/b May
YORK
4
41 Mi Jan
Industria
3
8Mb Feb
16
Insuranshares Ctfs
25
15 Ma Jan
26
Interchemical
86% Jan
11
93 Mi
Apr 20
2Mb Jan
8
4Ma%
Intercontinental
7
Interlake
25
Int'l
Business
7
Int'l
5 Mb Feb
24
7 Mb Jan
24
24 Mb Mar 10
2,9
73% Jan
17
1%
81 Mi Mar 11
Jan
3% Feb
26
4 Mi Jan
Oct
27% Apr
21
31 Mi Jan
7
July
137 Ma Jan
3
42
Mb Mar
64%
86
Feb
143
Feb
45
Feb
7
53 Mi Jan
Jan
5
99
5Mi Mar 23
7 Mi Feb
Dec
Jan
65
Apr
22
71
Feb
9
52 Ma
Jan
64
Jun
55
Apr
21
61
Feb
17
39 Ma
Nov
45
Jan
41
Mi July
32
16
137 Mb
4Mb
Jan
Deo
Jan
46% Apr
Mar
16 Ma
11
Jan
3
25
4
Jun
8Mb Jan
3
Ma Jun
267/b May
8% Jan
3
18
Mi Feb
17
3 5 Mi
24
Jan
3
39 Mi
145
Jun
May
24 Mi
May
10
•
Jan
57% Jan
34
13
Jan 27
11MB Apr
11% Apr
20 Mi Jan
29
27
Feb
4
11
20
1
29
32
Jan
21
Mar 30
144
May
44
148
Feb
2
Apr
18
8
23
Ma
Jun
3% Apr 12
13% Mar 11
5Ma Jan
Dec
79 Ma
18% Jan
24
Dec
92%
Jan
81
85
39 Ma
Feb
48
May
89 Ma
Oct
33 Mi
100 Ma
Sep
Mi
1137/b
Jun
20%
Feb
35
44
Jun
Feb
Oct
99
42
Jan
May
Jan
95 Ma Jan
33Mi Apr
105
31
Apr
Mi
Jan
3
24
17
Mar
4 8 Mb Apr 14
101% Apr 29
7
40 Ma Jan
27
110 Mi Feb
28
36
Jan
99
Dec
106
May
Feb
145
15
Jan
158
104Ma Apr
jun
159% Feb
21
160
Oct
26% Apr
22
29 Mi Mar
83 Mi
30 Ma
Feb
Nov
397/b
93 Ma
43
102
2
7
23
7
86
3
40 Mb Mar 16
7
Intertype Corp
L)
*96 V.
98
22 Mi
22 Mi
*
30
30 Mb
M
*22Ma
•
29%
t
22 MB
<
29%
v
22 Mi
25"
V
59
57
165
*162
!25%
7 Ma
7
30%
9
9
■
25
No par
—
Co
,_50c
*7
3 7 Mb
58%
60
168
.
14%
•
>'
*162
1
1
,
34
14 Mb
14%
preferred-.
Johnson
3,800
8 Mi
*8 Ma
8 Mi
200
13%
13 Ma
l^oo
91 Mi
92
91%
*91 Mi
92
1%
1%
1%
,v' 12%
12%
*
1 Vi
9 1Mb
1Mb
-
12 Vi
12 Mb
*91 Mi
100
92
159
*159
160
83
I6OV4
6%
6%
6
26%
26%
26
83
*80
6 Mb
26
80
4Mb
4 Vi
4%
27%
27%
27 Mi
48%
138%
48 Mb
*96 Ma
98%
•
96%
138%
•'■
9
80
41/4
.
21%
41%
*96%
65 Mb
65
*55
57
6%
42
42
42
46 Ma
47 Mi
47
6%
*32%
33%
9 Ma
10%
9%
9Mb
9 Ma
10 Mb
*19 Mb
19%
*26
27
*32 y4
19%
*26
26%
148
3 Mb
34
.
6 Mt
6 Mi
26 Ma
.
138 Ma
138 Ma
46 Ma
6%
55
42
42
*42 Ma
42 Vi.
41%
42 Mb
47%
47 Vi
47%
47
Ma
*32 Ma
10
10
10
10
19Mi
19 Vi
27
148
145%
145%
3%
19 Mb
19Vi
18 Mi
19
26 Mi
27
27
*26 Ma
24%
24 V i
24
145
145
3%
*142 Ma
3%
3 V.
*81
48 %
*47 Mb
100
*104 Mi
107%
33 Mt
*104
104 Ma
*153
160
27
*105
34
103 Ma
*153
101
34%
107 Mi
'
34
105
*33
104
'102%
160
160
48
48
101
107
34%
*33
Ma
160
105
3Vi
•
3 Mb
14 Mi
Ma
*14
83
*82
'
900
•.
''
24 Va
300
2,500
20
145
2,000
3 Mb
14 Mi
83 Ma
48%
9100 Ma
101 Ma
101 Ma
101 Vi
70
34%
34 Mb
34%
2.800
34
*104
33 Mi
*103 Vi
24%
*142%
4,500
'
*47 Vi
101%
3 4 Mi
105
34
104
48
*100 Va
34 Ma
247/a
145
100
1,100
1,300
•
Ll—
17.500
27
*14
34 Ma
"
9%
19%
Ma
^
,
9%
9%
143/4
101
47 Mb
97/i
83
47%
240
/
••
..
34
9Mi
9%
*14
34%
*32 Mi
'
28Mb
*145
9
46M'b
34
9%
25 Ma
101
47%
34
*81 Ma
34%
1,400
6 Mb
66
55
10
3%
Ma
65
56 Mi
24Mi
3 Mb
300
"
65
*55
14 Mi
48 Mi
6
40
10,000
47
*64
83
101
6 Mb
100
1,700
13,100
96 Ma
*95
57
*14
34 Va
46 Vi
96 Ma
65
*81%
*1(J0M4
47 Ma
9%
*26
:.
1
138 Ma
*137
*32%
19 Mi
19%
83
4%
'
27
2,100
3,100
i
27 Mi
10
'
•
4%
2 7 Ma
14 Mi
:_100
<.75
'
890
;
27
4%
34
10
267i
27Mi
83
Nopar
,■
83
18,600
6 Ma
6
,
4%
*95
6 Vi
1,400
23 Mi
165 Mi
9%
10 Va
161
23 Mi
165 Vi
*55
26
*3 Vi
*159 Ma
23%
166 Ma
*64
'
26
'
161
Ma
164
*32%
10%
•
6%
7,500
41%
41%
47
138 Ma
97
*64
1.300
12 Mi
27%
48%
6M8
IVi
11%
*75
4%
28
47 Mi
57
*41 Ma
83
95 Ma
65%
*55
*137
1%
12 Mi
26 Ma
97%
*6 Ma
56%
6 Vi
27
4%
1Mb
12 Vi
23 Ma
48 Mb
•:
65 Ma
955
Mi
Ma
/,
160
24
166M4
27 Mi
138%
48.%
97%
161
*75
4Mb
28
*137
•
48 Mb
*96 Ma
6 Ma
65%
*137
160 Vi
161
*lVi
-
*81
1
6.800
14 Ma
13%
*14
Manufacturing Co
34 Ma
14
*8 Ma
4%
104
3 3 Mi
9lO?Vi
*155
*153
27
27 Vi
27
28
28%
29%
78%
78%
78%
78 Ma
79
79
38 Mi
79%
38%
38 Va
38 M 4
38 Ma
38%
37%
38%
10 Mt
10 Mi
*10 Mt
10 Ma
10'4
10V4
10%
10%
96 Va
96 Va
*95 Vi
96 Vi
*95%
96 Vi
96
96
102Mi
78%
30
33%
*13 Mt
12%
80
27
165
159
14 Mb
8Mb
14%
100
!
34
13%
83
par
1,900
8Mb
981
preferred series A
2,000
60 Ma
13 Mb
27 %
'33 Mt
37 Va
60
13 Mi
914
common—12 Ma
8C0
26%
8MB
No par
—
800
3,600
7 Mb
13%
92 Mi
*6 Vi
*47 Mb
*7
6C%
14 Mb
pfd__100
:
6,600
25 Mb
Mi
8
25 Ma
No par
30 Mb
9
24 Mb
162
.'.33%
.310
37%
"
162
168
33 Ma
14 y4
1Mb
6%
3 Mt
60
33%
12 Vi
Mi
25%
9
*36 Ma
ICO
23 V*
13 Vt
*92
1%
6M4
0145
9
7 Mb
37 M4
22 M4
"29%
25 Ma
% 7%
*7
>
9MBj
25
58
33
25%
26
■if 9MB
25%
25%
37%
.
14%
29 Mb
,
9% •-^9M4"
•
23 Mt
23 Mb
Johns Manville Corp com
3 Ma % preferred
Joy
98
166 Mb
Jewel Tea Co Inc com-,
5%
*96
24%
Jaeger Machine Co_,
Jersey Cent Pwr & Lt 4%
3Mi%
98
166 Mi
Island Creek Coal common
$6 preferred
(F
*96
23%
preferred
Jacobs
98 -1
166 Vi
4% 2nd preferred series A
i_100
Joliet & Chicago RR
stamped
100
Jones & Laughlin Steel com—No
26
Feb
1%
7.600
*96
166%
; International Telep & Teleg—No par
Foreign share ctfs
No par
Interstate Dept Stores,
No par
3,100
79%
I 24%
9
Apr
36
Mi Jun
;
32%
26
*78
33%
12
159
47
32%
25Mi
32%
79
23%
25
;v ' $ per share
26%
166 Ma
common
for
the Week
Shares
79
36%
v.
Sales
.
25 MV
24 Mi
International Silver
■■■? :
32 Ma
166 %
Johnson &
33 Mi Jan
Jan
,
323/a
24%
Shoe
100
■;
Friday
;Vl: Apr. 29 ,•/.•
Apr. 28« "
26 Mb
166 %
7
77Mb Apr 22
Apr
International
Thursday';
$ per share
100
100
3,900
2
■'W1
$ per share
No par
—No par
No par
900
2Mb
11 Mi
M'
PRICES
Apr. 27
—No par
5% preferred
International Salt—
2Mb
11%
Wednesday
*
common
Int'l Rys of Cent Amer com—No
par
8
65
*2
*11
'
1Mb
*137
14,900
9 Ma
32%
14%
92
2%
Machine,
9
12Mi
9 Mb
79%
Mi
36 Mi
/•
*8%
100
1,500
12 Mb
•
26 Mi
7 Mi
13 Vi
12%
preferred
37%
;
*79
32Mb
8M»
9
1,300
a
79%
14%
13%
Paper Co com——15
preferred—
No par
$4
165
SALE
>
»;•.
26Mi
v0
33%
92
HIGH
32Mb '32Mb
25%
*36%
*8%
No par
5 Mb
•9 7
37 Mb
*78%
9% v>
,58%
13%
100
Rubber
%-26
29Mb
.
■
7 Mi
165
%
14%
,
5
International
Mar 26
M»
25
1
Mining Corp
1
Int'l Nickel of Canada com—No par
Preferred
-,100
7
94
32
International
8
Jun
July
*162
20
preferred
4%
10
34 Mb
Nov
59
common
!
23.
.
*9%
36%
59 M»
Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com—5
8
-
29%
9%
36 MB
100
*5 Mi
1,200
99%
11%
11%
$ per share
'
"
*9
No par
Harvester
20
Jan
29%
29%
1
,—i.__
»■>
300
38
37 Ma
5 Mi
5%
100
12 Mi
*12%
98
*21
.-No par
——
Iron
28 Mb Jan
162
,
22
7%
Inc
Corp
preferred
13Mb Jan
5
23% Mar 23
22
No par
Jan
May
13
38%
coo
,
79 Ma V
-
996
*7 MB
Inspiration Consol Copper—
29
98
Mex, S A—_
Industrial Rayon
Ingersoll-Rand common
6% preferred
170 Ma Jan
Nov
De
95
25 %
Inland Steel Co
Jun
Nov
Electrica
AND
32 Ma
•
25 Mb
*78 Ma
25 Mb
8
May
13
38
2
2
11%
Tuesday
..
26v
32Mb
r
,
v80
par
8
1Mb Mar 31
9
No par
5
—.
26%
.
S per share:
32%
26
*78 Ma
1000
25
139 Ma
29
Co
3
8Mb
A
Apr
Jun
Mfi22% Mar
Power
164 Ma Jan
8 Mi
series
18 Mi Jan
11Mb Apr
32 Ma
common-100
41 Mi Jan
165
38 Ma
l^Ma Mar
ctfs
xl457/8 Jan
35
2
,4 Apr. 25 Mi,'-' .M.M Apr. 20
$ per share
20
Co
RR
25
93
Mar
Co__
9%
*11
LOW
Apr 29
Jan
30
2%
11V*
/•
Monday
Apr. 23
Indianapolis Power & Light—No
c
3
4
stock
RR
7
Jan
67
Power
x34Mi Jun
174% Jun
65
2
*11...
Saturday
6% non-cum conv pfd ser A—100
Leased lines 4%
100
10 '.J.
Feb
Mar
ilMi
Illinois Terminal RR Co——
135
43
2%
*11
Par
Dec
14
92
Nopar
11
3% May
107%
9%
STOCK
5
5%
12 Mi
9%
Illinois
Jun
Dec
12%
*9 Mb
7 '
Dec
5 Ma
12%
9%
6 '!
Mar 30
8Mb Jan
Apr 26
8
16Mb May
99
:
127/8
EXCHANGE
13 Mi Apr
23 Ma May
103
Jan
5 Mi
53/4
5%
5 Ma
*9Ma
Jan
14
*33 %
31 Ma
'90
*
1
NEW
9 Mb
3 Mb Mar
■
12%
32Mb Apr
2 1Mb
24Mb Mar
5Ms
6.66%
$ per share
26
Apr 22
33 Mi Mar
13
38 Mi
13
38%
38 Ma
—Nc par
Hussman Refrigerator Co
Highest
j
30 Ma Apr
10 MB Jan
24
Nov
71
4
Feb
7Mb
13 Ma
913
33 MB
38%
Corp
2 1Mb Jan
38 Mb
23Mi
13 Mi
*13
Hupp
2Mb Jan
14
21
Nov
387%
9 MB
28 Ma Jan
5 Ma
137/i
*38%
12 MB
25
Oct
8,600
913 Mb
9M'a
20% Feb
Dec
33%
12%
$ per share
37% July
26 Ma
33
9%
4
160
33 Mb
12%
Jan
156
33
9%
96
Dec
34 %
12 MB
4
Feb
33%
13
Jan
Ma Feb
34
Foods
96
1%
33%
Hunt
Sep
11Mb
34 Mb
Hudson
9 7 Mi May
125
33%
■
14 Mb Jan
96
Dec
34
11 Ma Jan
Illinois Central
86
33M4
28
Idaho
Dec
2,900
26
7
Feb
48 Mb
31 Mi
-31%
*89
10
7
13
43
*30Mi
38
7
477/b
47%
*9 r ■
Jan
Feb
47 Ma
33
Jan
6 Mb
4 7 Mi
5%
35
15 Mb
47%
10
84
3 4 Ma Mar
47%
38%
30 Mi Jan
160
47 Ma
9
Mb
2
Feb
47%
*9
21
150
47%
38%
24
12 Mb
47%
10
Apr
25 Mb
47%
•
'
38%
77% Mar
Feb
89
*9
22 Ma Feb
Nov
31%
88 Mi
38%
90
9 Mi
93t
88
10
42Mb July
20 Ma
31%
88
931
38 %
Feb
30
31 Mi
31%
88%
*9
62 %
Jan
*30%
31
88 Ma
38
27 Ma Mar
Aug
31 Mi
30Mi
88 Va
10
11
x32
1,800
3 1Mb
•
STOCKS
Jun
370
11 Ma
•88%
•V 31
39
Lowest
July
104 Mi
11MB
89%
31%
5%
19
500
104 %
31
5
Inc
24
x24
„
*88
Corp„———1
Motor Car
3,600'
930%
99M4
Feb
$ per share
26 Mi
931
24 Ma
24%
1C4
*38%
Range Since Jan. 1
24%
31 Mi
11%
31 Mi"
5 % non-cum preferred
^J_100
Hudson Bay Min & 8m Ltd—No par
11 Mi Apr
Highest
3 5 Mi
*30%
11
*18 Ma
„
Hudson & Manhattan common—100
Feb
Year 1948
24 Ma
9104
11%
19
8Mb Jan
29
2
104
11
*18 Ma
.
11Mb Mar
Apr
8 Ma Feb
Jun
24%
24 Mi
-
9
19
*18 Mb
47Mb Jan
9 Mi Mar 14
37 Ma
Stores
Range for Previous
Lowest
oti
«
,/
Howe Sound Co
11 Ms
" 930%
50
—'-100
.
'41 Mt
■
,,104
105
11 Mb
par
No par
com
—
24M4
924M4
9104
Houston Light & Power—_—No par
Houston Oil of Texas v t c—J—25
20
100
•
41%
Household Finance
Jan
10
9 MB
40Mi
15
15
9
40 Ma
11
46 Ma Jan
10
41 Ma
95 Ma Mar 14
27
*9MB
9 MB
41 Ma
32 Mi Jan
29
10
9 Mi
9 Mi
12.50
3 2 Mi Apr
Apr
1,700
400
6
13
400
21 Ma
9
19
6
37 Ma Apr
14 Ma
21%
25
11
Jun
*13%
25
Feb
Jun
14
22
24 Mi
30
47
14
22
24 3 4
86 Mi Jan
23
14
23
25
28 Ma Jan
Dec
600
14
22 Ma
25
Jan
Jan
30 Mb
14%.
22%
18 %
Jun
14
30
1,100
25
Jan
33
31
30
9 Ma
18%
46 Ma
7
9 Mb
3,100
25
94 Mi
38%
9%
31
.
17%
83
..
18%
34 Mb
Feb
18 Ma
17%
83
25%
Oct
20Mi
*17m4
183/a
83
*9 Vt
31%
500
*24%
Dec
Mar
9 Ma
100
119 Mb
23
*14
10
*31
18%
18
30
30 Ma
1187/b
918
Nov
38
31%
125 7/b
30 Ma
..
18%
81
preferred
31 Mi
'
9%
9%
x125Mi
31
300
5,300
25%
pfd series A $4.50 div_No par
3%%
9%
14
42 Mi
120
*82
1,300
1_
14
42%
128
*17 Mi
18%
250
27 Mi
39
143/b
119 Mb
83
99
2 7 Ma
42 Mi
*30 Ma
18%
18%
*82
'99
500
*24M2
27
Mi
*17%
19
83
200
91
36
*38 Ma
39
Ma
*127
31
120 Ma
*89
918
Houdaille-Hershey com—.—No
$2.25 conv'preferred
£
29
*9%
128
120
2,700
22 M4
10
Mining
Electrochemical
Hooker
13
Mar 28
12Mb Mar 30
9%
42
*30%
18%
18 Mi
*82
..
*14
20 Mi
30
■
preferred.
conv
*17%
-
18 Ma
83
9 Mi
5
& Sons—-—5
(A)
18 Vi
18%
82
14%
490
3,700
*35Mi
•
27 Ma
42%
*127
120 Mi
*17 Mi
.27
*38 Ma
14%
31 Ma
120 Mi
9
27 Mi
39
42%
128
*30 Ma
30
7M 'b
6 Mb
22%
99
31%
9
1
*98
14%
5
10
Co—
99
42%
65
20 Mb
>
•
23
98%
41%
100
7Ma
91
*14 Mi
460
-
5 Mi
6Ma
.
36
120%
18%
"22 Mt
*89
*30%
83
20 Ma
*35 Ma
27 Mi
23
22 Vi
*62 Ma
;
36
9119 Ma
18^
185/b
20%
22 Mi
*38%
.40
130
1,030
143
*5
7 Mi
7
91
39
800
22 Mb
22 Mi
'
Mi
6
*89
27%
*127
22
*141
65
*7 Va
20 Mi
Mi
12 Mi.
105
v
'
*35 %
99
27%'
128 ma
9127
20%
22
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500
75
75
5%
91
*38 Mb
42
6M'b
13
*12,
22 Vi
36
3 5 Mb
.
7%
6 Mb
22 Mi
4,100
105
:■
143
*5
63%
7 Ma
Mb
100
18 Va
22%
*21 Ma
5 Mb
63%
7
*98
*82
Co
Hollander
5%
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1
7
*89
100
The
Furnace
*30 Ma
9119Ma
0
65
l4Mi
*14M4
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33%
18
*12Mi
76 Vi
105
*141
2 1Mb
39
41%
128 Ma
31 Ma
120%
9127
.—5
Inc_
18
Jan
29
Jan
10Mi Feb
Jun
7
&
Hires
21,
10 Ma Jan
8
Apr
99
18 Mi
14 Mi Apr
24 Mb Jan
100
_
Hotels Corp
Hinde
11
Feb
3
29
Apr
9Mb Mar 28
Jun
103
32
Apr 29
Mi Jan
21 Mi
42
Heyden Chemical Corp
3 Ma % cum preferred
7
12 Mi
preferred
14 M2
4 1Mb
142%
21 Mb
20Mb *20 Mi
27ma
27 Mi
142%
22 Vi
*22
99
■'98
*38 Mb
39
14 %
143%
5 Ma
*32
'
12%
*75
105
*22
6%
-
:
91
99
27%
*98
938Ma
r
35%
35 Ma
No par
common
22 Mi
12
76%
105
22%
*7%
20 Mi
22
*89
36
No par
1
Motors
20%
125/b
*75
*104 Ma
32 Vi
'
22 %
*5
'
.
32 Vt
2 2Mb
65
67/a
91
t
*263i
—25
Hershey Chocolate com—_—No par
$4 conv preference—
No par
7
9 Ms Jan
preferred-
Hercules Powder
26
5
Jan
935
preferred
,-100
W) common——10
non-cum
Hercules
Mar 28
84
989
25
Co common
(G
7%
15
21% Jan
3
20
Helme
5
Jan
21 Ma Jan
29
79 Ma Jan
Jan
32 Ma Apr
1
116 Ma Jan
28M» May
86 Ma Jun
9
15
26% Mar
123 Ma July
3.65%
1
21
—100
preferred
(H J)
*
12%
12%
76%
105
*21 Ma.
1%
67/B
22M4
"22
13
9141
■:
67
*7%
6%
20%
9
18%
13
22 Mb
5 Mb
64
18 Mb
13
975
21 Mb
7Ma
920Ms
—15
.
9
18%
13
104 Ma
143%
,,
95
67
.
■
22 Mb
■
21%
5%
CMi
—5
Co
Hecht Co common—,
4
July
Glass
9141
217%
*7Vi'
.1
2
22 Mi
"
18%
13
33%
12%
76 Ma
.
143 M2
*5
9G4
—100
Mfg Corp
Hazel-Atlas
22 Ma Mar 14
98 Mi Jan
Nov
7
22
921 Ma
—10
Marx
Hat
12 Va
975
9104% 7105
105
.
33%
18
13
:
'
13
*32%
175/8
32 Mi
11%
•
912
76Ma
<"75
9104Ma
com—No par
Refrac
Schaffher
Hart
20
*12
preferred-.
;—100
Co $4.25 pfd—No par
(M A)
Harbison-Walk
4Mi Jan
012Mb
9
33 V*
32 Mi
Ml2 Mi
Printing Co
conv
Hanna
20Mb Jan
Jun
Well
Hamilton Watch Co com_
6
4
142 Ma
Jan
8
24
Apr
104 Ma
34 Mi May
Dec
Jan
207/b Mar 22
Jun
21 Ma
11Mb Mar
73
Jan
xlOlVi
Jan
(W F)
9
25
Cementing__5
Water
15 Mi
28 Mi
106
'33
105
Mi
104%
—
48
w
*33 <
9103 Ma
200
48
105
200
34
500
104 Vi
110
10
*155
29 Mb
28 Mi
28 Mi
19,500
79Mi
79
79 M4
430
37 Vi
37%
36 Mb
37 Vt
7,700
.10 Vi
10%
10%
500
.79
K
11 Ma
x89
98
Dec
Nov
Ma
23Mb
Dec
21
May
10 Mi Feb
88
May
94 Ma Jan
12
Dec
100Mb Feb
11
■
101 Ma
Feb
48%
Oct
60Ma
Jun
13 Mb
Dec
Feb
15%
Dec
12% Jan
8
Kalamazoo Stove & Furniture
Kansas
48Mb Mar
20 Ma
28
x34Mi Feb
52
18
May
26% July
22 Ma July
For footnotes see
page
12
24
Jan
3
Apr
27
99% Feb
103
9
Mar 29
preferred
cum
12
Kansas
56
Jan
24
4%
14 Mb Jan
7
preferred.—
—100
—100
City Southern com—No
non-cum
preferred
21
21% Jan
8
7
17 M» Jan
7
Class
B
par
;_100
Kayser (Julius) & Co__
Kelsey Hayes Wheel conv class
—
14 Mi Feb
26.
4%
43Mi Apr
17Mb Apr
.
3.80%
10
City Power & Lt Co—
*102
40 %
54 Mb
102%
40 %
54%
*102
40 7i
*54
'
:P
*96
10%
*96
1023/4
102%
103%
*102 Ma
41
103%
*102Va
40 Vi
407/a
41
41%
40 Vi
41Vi
40%
54%
40M4/
54%
54%
*54
54M4
53
54
52%
52 Vi
12%
12 Vi
12
18%
*18
*102%
5
*12%
12 Va
12 Mi
123/fl
A_1
I8V4
18 V»
18
18 Vi
18%
15
18Mi
*13%
18 Mi
15
15
15
14%
14%
14 Mi
•147/b
>
12%
12 MB
12
12%
*•
'
* *
*18
14 Mi
14 Mi
14 Vi
20
97%
20
103 Vi
12
.
3,100
1.400
1,400
18%
1,400
14 %
2,500
THE
Number 4799
Volume 169
COMMERCIAL
Ranee for Previous
Lowest
Highest
$ per share
$ per share
NEW
Highest
$ per share
$ per share
Feb
60%
Oct
43% Apr
22
56% Jan
12
40 Va
Nov
51
Apr
39% Feb
8
46% Jan
7
Oct
11% Feb
25
13% Jan
7
May
183/4 Apr
28
1043/4 July
14% Jun
93% Jan
5
127/a
Dec
163/a
Feb
24
Oct
92
12
Feb
75
Jan
62
Dec
37%
Oct
29% Jan
Nov
95% July
91
Mar
14
29 V*
14
Kinney
Apr 26
66% Feb
4
3
313/4 Jan
7
Jan
5
98
Jan
'39
R)
<G
Co
.Koppers Co Inc
4 %
26
Jun
X35% Feb
16
Apr
18
preferred
Kresge (S S) Co
58% July
48 3/4 Feb
14
55% Jan
20
Kress
40 3A
Nov
49
43
Jan
3
49% Apr
18
4 3/4
Feb
4% Jan
5
4%
Dec
Dec
17
93/4 Mar..
6% May
24
6% Mar 29
6
4% Mar 29
Apr
Mar
17.% Jan
9 3/4 Feb
18
Oct
533/4 May
43
Jan
7
25% Aug
29% May
21
Feb
24
42
Mar
35
47
Dec
Dec
99
Feb
10
30% Mar
13 % May
22
22% Jan
96% Apr
113/a Jan
Lee
6
20
23
8 % Apr
Dec'
39
Jan
Apr
4
Jan
37
27
Mar 21
"40%
31
Jan
Co
*50'/a
12'A
18%
19 Vb
183/4
98'%
99 J/4
98%
98 Va
*98 J/4
*63%
29%
99%
98%
98%
13 J/4
98%
*13
14
14
*94
95%
38
38%
95'/a
96
38%
38%
383/b
38 7 a
51%
50%
51
*50 34
49
48%
49
48%
51%
*51
6 %
6%
6%
6%
6%
6%
4
5
5
5
5
5
6%
*
5
%
20%
20
10
10
43
43%
*43
4334
*
24
42
23%
*233'4
18'A
18%
*18%
96%
96%
I
*41
96.
10%
10%
39
6%
*4%
l7/a
Jan
19% Mar
Jun
4
Mar 15
5% Jan
7
43/4 July
26% July
2
Feb
3
Jan
8
8%
25
16% Apr
24% Jan
Jan
103/a May
Feb
56
8 Vb
Dec
12
May
16%
Feb
26%
Jun
43%
Dec
56%
Jun
44% Jan
4
Nov
10%
Apr
31% Mar
38%
Jan
34% Jan
10
91
Jan
723/4 Apr
13
'8
Mar
82
6
Oct
33
Nov
23
14
8% Feb
21
25
10
10
83/4
i
Nov
55 «/4 Mar
Feb
28%
13%
Apr
42
43 >/b
*43
44
*23 J/4
23%
*23'A
23%
700
42
413/4
41%
*41
42
200
18%
200
*41
*18%
18%
*18%
18%
.18%
18%
*18%
*95 %
96 J/2
*95%
96%
96
96
*95 Va
IO'/b
38 %'
8%
8 Vs
8 J/4
34,800
38%
38%
38%
1,000
*4%
4%
700
2'/B
6,700
16%
600
39
38%
4
4
4%
4%
4%
4%
4%
4%
2%
2
2
2
2 J/8
2
2
Feb
14
34% Feb
16
Apr
7
27
5
22% Apr
5
14% Jan
3
Loew's
21
17% Apr
67% Jan
29
62% Apr
21
Lone
14%
Dec
20 % May
Feb
68%
Jun
xl8
Nov
30% July
19% Feb
7
23
18
Feb
21%
19% Jan
3
138
Nov
158
Jun
Jan
28
158
23
Nov
25
Nov
V 23% Jan
4
27
153
Jan
Co———..No par
Lockheed Aircraft
2
7%
(P)
50
41% Jan
11*
Feb
35% May
21
Mar 23
24
Jan
24
Lowenstein
98% July
95
Jan
14
98
Mar 28
4 % %
17
Nov
24%
16% Feb
8
21% Mar 30
Lukens
&
$ per share
$ per
$ per share
63/a
*39%
*38%
39%
100
8%
83/b
8 J/a
8%
8%
4,400
8%
8%
61
60%
60%
60
60%
60
60%
60'/a
603/4
60%
60%
3,800
44%
44%
443A
44
44%
44 »/b
44 vb
43%
433/i
42%
43
2,700
14%
14%
14%
15
1,900
75%
71
71
100
19%
18%
19
4,300
15
*14%
15
75
*70
8%
74
19%
14%
8%
14%
8%
74%
20%
>:35%
Dec
40
129
Oct
142
31% Apr
Jan
Feb
133/b
Dec
30% Mar
131
138
10
103/4 Apr
19
16%
17%
17 >4
17%
17 J/B
17%
17%
17%
18,900
63%
63%
63'4
63%
63%
633/4
63%
63%
(MdF A__No par
20%
20'4
20%
20 Va
2034
20
20'4
20
20
20
20
10
21%
21%
21%
21%
21%
22
213/4
21%
21%
21%
21%
22 V8
1,500
1,700
5,800
common—.
*156
—.100
156
156
157%
No par
*26%
26%
26%
'.—50
33%
33%
3334
223/4
*22 J. a
*97
98
*19%
10
1
19%
1
STOCK:
19%
26 Va
26%
34%
x33%
33%
2234
23
22%
22
98
19%
*97
Xl9%
19%
39% May
30 J/b Apr
Dec
Trucks
333/b Jan
95J/2 Jan
6
100 '/a Apr
10'A Jan
3
13
Jan
6
22/
Madison
14% Apr
22
20
Jan
10
Magma
10
22
19% Jan
153/b
x163/8
Feb
Apr
24%-May
9%
Feb
21
j
Dec
525
Apr
Apr
Feb
450
500
6
3
Monday
Apr. 25
S per share
12 lV;:
Mahoning
20
Manati
Tuesday
Apr. 26
$ per
$ per share
12
Mandel
Bros
Coal
*134%
138
30%
12 VB
30%
*
101
1,100
3,900
1,500
22%
*22'/b
22%
*97%
98
18%
19'/a
share
$ per share
12
32%
*31 %
138
12 VB
12
30%
30%
*993/,
101
14%
15%
15 Vb
10%
11
31%
*135
6% Feb
6%
Nov
10%
Sep
7
Dec
133/b
Jun
7
Dec
26
Jan
16
15%
5%
Feb
18% Mar
6%
Dec
24
Mar 25
Apr
18
21
Oil Exploration..
Marathon
Corp
21
Marine
Midland
16 J/4 Mar 18
17 J/4 Jan
20
Market
St
19% Apr
24
173/8
92%
Dec
103%
Jun
9%
Nov
22%
Apr
9 J/4 Feb
7
Jan
10 vb Feb
11
193/4
Sep
95% Jan
5
Jan
7
103 J/2 Feb
29
14
12
Apr
12
13% Jan
7
41/4%
(Glenn
42'A Apr
22
57J/2 Jan
7
Masonite
18
Dec
27% May
13
Feb
21
19 J/2 Jan
7
Master
Oct
Nov
176
Jan
42
34% Mar 23
Feb
2
Feb
15
173% Mar 14
38 J/b Feb
16
41% Mar 21
170
473/4
Apr
84% Mar
93
Jun
4
941/2 Mar 22
84
93
Jun
89
Jan
11
93% Mar 29
85
Jan
80
Feb
23
83 »/4 Mar 28
77% Aug
83/4
33
,
110
21
Dec
Dec
Apr
,
25
Dec
Feb
12% May
89
Jan
Electric
Chemical
Mathieson
lp/o
May
McCall
17
McCrory Stores Corp
Jan
I9J/2 Mar 22
25
36% May
30% Mar 23
-
351/2 Jan
971/2 Mar
7
11
9
par
$3.40
par
cum
3%%
Jun
90
Jan
4
42 3/4
Jan
31% Apr
29
36 J/4 Mar 30
31
May
52% May
Feb
24
34
Apr
21
McGraw-Hill
41 J/2 Jan
3
55
Apr
20
Mclntyre
24
'34%
4
29%
Dec
35% May
30 J/4 Jan
87
Jan
98 Va
Jun
93
Apr
14
18%
Feb
24%
Jun
19% Feb
11
153/4
Dec
243/b
Jan
153A Apr
21
15
Dec
23% May
80% Mar
96%
31%
Dec
46% May
20%
Dec
25
'11%
Jun
97
=
Mar 10
Jan
19
221/4 Mar 30
17 J/2 Mar 11
143/4 Mar 21
17 J/b Jan
73% Apr
15
10%
11
462'/a
13
4J/4%
Jan
12
4%
227a Apr
28
20 J/2 Jan
3
19% May
8% Apr
29'
13% Jan
42 J/2 Apr
22
49
Jan
13
20
143/4 J^n 20
8% Jan 20
18%
Jun
Apr
71/2 Mar 21
50 3/4 May
27
Apr
Jan
8
22
28
29 J/b Apr
20
3
921% Jan
19
Shoe
Mengel
Co
5%
Mercantile
Merch
Stores
462%
&
$3.50
Co
Inc
Jun
90
Jan.
273/4
Jun
20
Apr
29
231% Jan 20
Jun
34 J/4 Apr
16
38J/2 Jan
1043/4 May
97 J/2 Jan
3
102
106 J/2 Jan
4
110% Feb
24
26
143/4 Jan
8
Miami
47% Jan
7
Mid-Continent
35%
Dec
92
Nov
1013/4
13
Nov
Feb
38%
35
Feb
Mar
443/4
1063/4
Dec
19% May
693/4 May
11
51%
41
Dec
128
Dec
140
Jun
11
Nov
16
May
9
% Mar
14
40 »/b Feb
5
Jan
3
130
Jan
7
11
Feb
23
July
42%
Nov
87
Nov
54 % Mar
98%
Oct
10% Mar
56%
Apr
May
98
May
78
105%
Jun
18% July
Apr
8 J/b Mar 23
4 3 J/2 Feb
87
Mar
66% Jan
10
7
21
Jan
4
10% Apr
22
104
49% Mar 30
1391/2 Mar
12% Jan
12
For footnotes
see
page
25
77
Apr
12
12
Mar 11
105% Mar 16
143/4 Jan
15
Feb
25
80
24
-19
26.
Jan
3
501% Mar 29
93
693/4 Mar 28
16 J/2 Feb
Mar 14
Mar 31
Merritt-Chapman
1
No par
Co
—
&
-———5
Copper
Petroleum
Prod
Steel
com
10
No par
100
No par
& SS Marie
1st
Minn St
P
Minn
&
*.99 Va
7%
7%
31%
31%
*110% 111
ltU
10%
11%
30%
30%
30 Va
30%
100%
*99%
100'/a
10%
10%
10%
15 Vb
15
15
15
15
1,200
10%
10%
10%
7,600
10%
11
462 J/2
*440
*440
470
7%
*163/4
17
21%
21%
*99 %
101
101
*99%
11
10%
10%
12
123/a
12%
43%
433/4
44
*6%
*7%
8
*16
9%
9%
20
7
1.000
100
8
7%
*7%
16%
16'/b
13%
400
10%
9%
103/b
29,300
21'4
20%
20%
1,100
73/8
7%
4,100
17
16%
16%
30
19%
21
19'/a
19%
5,600
21
7%
7%
21%
101
*6%
470
*16%
21
17
7
1,300
*9S J/4
7%
*99%
101
101
43 3/4
10%
10 J/4
10%
10%
4,000
12%
10 J/2
*12
12
12
12%
12%
2,2/30
44 Va
43%
44
44
44%
1,000
3,300
934
13'/a
13%
13
13
13
13
13
13
13
36 >/4
36%
35%
36 J/B
36
363/8
36
36%
36
2.000
13 J/b
36%
*171%
39%
171%
173
39
39%
171%
39'/b
*171 J/4
173
*171%
173
3 9 Vb
3834
38 3/4
1,900
91%
91%
120
*92%
93%
*82
83%
*92 J/2
94
92%
92%
92%
92%
*92
93%
92
92
*92
92%
93
93
*82
83%
*82
83%
*82
83%
*82
*73/4
8
8
31%
31
31%
*110 J/2
111%
>110%
92'/a
8
31
31
31
*110%
112
93
8
8
8
10
173
383/4
39'/4
39
*171%
*30%
112
*1103/4
83%
8
32 %
112
*
7%
*31
*1103/4
20
1,100
8
400
32%
112
■>—
21%
21 3/4
22
22
22
22
22
22%
22%
22%
600
31%
31%
31%
31 J/2
31%
31 Vi
31%
31%
31%
*31%
31%
1,000
*95 J/B
97%
97%
97
96%
*96
963/4
10
97%
*32J/2
32
33
32%
32%
33%
33%
32%
1,000
32
32%
32 %
32%
31%
1,700
54%
54
54
54
54
54%
54%
x53%
533/4
5334
53%
600
32
31%
31%
32
32%
32%
32%
32%
32%
32%
32%
2,000
93
*90 V4
93
92%
*90 J/4
20
*19%
20
19%
19%
16 J/4
*16'A
16 J/2
163/a
16 3/8
*13
16%
971/4
*321/2
*96
33J/2
32 Vb
32
32
32
32%
32
31%
31%
'
*90
15%
15 1/2
*
93
*90 »/4
93
200
19%
19 %
19%
19%
163/b
163/s
16%
16%
15%
15%
15%
16
*72%
74
700
1,100
15%
*15%
15%
73'/a
73%
*72 J/2
74
*72%
74
*721/2
74
32
*31%
32
*31%
32
*31%
33
*31 %
31%
31%
31%
300
22%
22%
22%
22%
2,300
9%
10,500
'
22%
10 J/B
43%
13%
22
10%
*42
*13
223/8
223/8
10%
10%
*42
43%
*13
13%
*7%
28J/2
28%
28%
*90J/2
91J/4
*903/4
•*7%
28%
91%
21
21
*34% 35 %
*97J/2 98V2
*109
109%
11% 11%
443/4 45
*45
46>/2
*132 Vb 133 J/2
*83/4
*473/4
8%
48
92
72'/2
*90
*71 %
.32%
*96
*15%
15%
8 J/B
*7%
J/2
74
No par
$4 preferred
1
No par
Minneapolis-Moline Co common—.1
$5.50 1st preferred
100
$1.50 2nd preferred
25
1,400
22%
Regul com
3
series A
100
Mfg common...No par
pfd
9%
20%
10%
'
10
14,200
103/4
16
16
7%
12
42%
100
11%
*21%
311/2
*95%
11%
conv
Min
*991/4 100'/2
10%
10%
11%
12
42%
423/4
13J/a
13Va
36J/2
36J/2
*171 % 173
*39
39 J/2
*92 J/2
94
*92
93'/2
*82
83J/2
11%
Minn-Honeywell
3.20%
213/e
*19 J/4
preferred
Minneap & St Louis Ry
8%
21%
16%
—
Midland
213/a
20
com
preferred
953/4
Feb
21%
'
93
50
Inc.——3%
J/2
*16%
*16J/a
*15'/2
*73
*31
*22
10
*42
.100
50
—1
7
*7%
9'/a
20
200
*99%
7%
7
20%
9
9%
20
16%
54%
new—.—50c
1-—N0 par
Scott-^.No par
Mesta Machine Co
—5
Metropolitan Edison 3.90% pfd.100
4.35%
preferred series—
100
Merck
Nov
*193/4
16%
*31 Vi
—No par
Co
Transp
17%
9'/b
9;%
19%
7%
17
*19%
Corp
Min
&
16 Is
*90%
(The) common.—
preferred
85%
26
Co
1st
conv
7%
16%
*90'A
(1st series)
pfd (2nd series)
Melville
7%
16%
7%
18
pfd
2nd
7%.
16 J/4
—10
Co
Mfg
7%
*7
*7%
No par
1
.
Norris
7
7%
—.5
Mines
Corp common
Jan
62% May
8% NOV
Mead
34
12%
i
preferred
82
Dec
Jun
$4
McLellan-Stores
McQuay
25
Dec
No par
Publishing
Porcupine
McKesson & Robbins Inc com
30 Vb Mar 11
47
1
Electric Co
McGraw
par
par
1
100
com
preferred—
conv
101%
par
No par
Corp
Jan
Dec
100
;—5
No par
$3.75 cum pfd
Nov
41
—
common
$3.75 preferred
29
233/4 Mar
Corp—No par
preferred
Dept Stores
88
■„
Co
10
112
41%
Corp
Jan
5
31,
110
Co
33'/4 Feb
26
Jan
100
—1
No par
No par
1
—
L)
Mar 31
9% Jan
16
Apr
Jan
Jan
com
1947 series__No
pfd——No
Maytag Co common
isi
No
$3
preferred
! ...
No
$6 1st cum preference—-No
7% Apr
43%
112
Co
Martin-Parry Corp
693/4 July
45
&
preferred
Martin
Feb
Feb
Corp
6%
Ry
Field
Marshall
47%
Feb
211/4
Maracaibo
10
7% Apr
29% May
353/4 Mar
No par
103/a Apr
21% Jan
13
7
1%
163/4
*16
9%
19%
7%
*16%
10
25
6% Jan
29
7
\ "1%
—1
6.25
5
prior pfd—100
6 J/4 Feb
19 J/b Jan
Feb
#xl65
5
Jun
8
Dec
27%
No par
May
14%
15
Dec
—,—1
Co.!
Shirt
Manhattan
25% May
22%
11%
7
Mar
6%
11%
31%
140
•
143/8
462%
*loo
30 »/2
100 Vi
*10%
10%
Shares
11
30 %
10%
485
32%
*99%
30 J/4
101
*11%^
12
*313/4
12%
12
10%
*462%
*11%
1
140
*135
138
138
12%
■
for
share
•'
'>
12
*11%
32%
11%
103/8
10%
485
*11%
*3134
14%
15
10%
99 %
IP/4
$ per
S per share
Sales
the Week
Apr. 29
Apr. 28
Apr. 27
v.;
.
1,900
18%
Friday
Thursday
Wednesday
*10%
11%
*14%
*462%
*134%
30%
*99%
1
*313/4
12%
.123/e
50
113/4
'
32%
11 Vb
(The)
RR Co..—
Sugar
8 J/2 Jan
Jan
12
*31%
—10
—
Co
Magna vox
>>4
par
Garden- _No
Square
Copper
*11
5
Inc
7% Jan
25
100
Macy (R H) Co Inc com... .No par
—100
4J/4% pfd series A
29
Jun
103 %
Nov
cum.
preferred
Mack
10
Je'tii'otsb
si
18%'
■
5
ru
26%
33%
98
22%
*97
98
19%
40
157%
26%
33%
•
26%
343/b
LOW AND HIGH SALE PRICES
•
Saturday
>
26%
34 Va
*97
19%
Apr. 23
>
-
26%
3334
22%
98
22%
100
157
157
*155
157
*155
157
26%
333/4
A__
Co
*155
26%
*97
& Sons Inc com—1
& M Wood Working Co..
6 Vo
26
Apr
18%
20
17
YORK
taacAuui'cws
3
15% Jan
29
10
Dec
Jan
Jun
27%
94 3/a
490
36 J/2 Jan
12
*70
75%
*70
20
20%
15
14%
*70
63%
Par
M
70
172
171%
39%
16%
share
9
6%
63%
EXCHANGE
14 »/B Mar
25
6%
6%
35,900
88,100
172%
M
11% Apr
800
773/4
*38%
*171
"
8%
3,'700
7%
36'/a
76 J/4
*36
,
39%
172 j/8
39%
40
6%
6 j/2
63/b
*171
171
171
40 Vb
76%
7%
7%
763/4
37
x37
17%
STOCKS
$ per share
6%
6%
172
76%
8
63
Nashville.
NEW
Highest
Lowest
Highest
171
*39%
37 J/2
753/4
7%
7%
37 "A
75%
17
series
Steel
Range Since Jan. 1
Year 1948
6%
6%
7%
37%-
20 54
—.
(M)
pfd
Range for Previous
Lowest
4,000
63
Gas & Elec Co (Ky)
Dec
Jan
Co
preferred
Louisville
Dec
28
50 J/2
1,000
9%
.No par
Lumber
Lorillard
91
x33 % Apr
50%
*6
Corp.—No par
Cement
Long Bell
Mar 14
Corp
Inc
Star
20
May
preferred—.
conv
Lousville
37
■ ;
No par
Co..
3 % 'fo
20
Mar
5
Corp
Liquid Carbonic Corp com—No par
223/8 Mar 31
Sep
1,300
51%
20%
Jan
Jan
57%
23%
51
19%
17
78
16% Feb
23%
51%
1
15
Jun
23%
51%
—100
Lima-Hamilton
7
Apr 29
24%
23%
51%
40%
Oil
Jan
23%
50%
174 %
Belt
133/a
23%
51%
*38%
8%
60%
44%
15
*70
Lion
14% Feb
23%
51
*173%
Link
71
23%
5P/4
100
10
Jan
23%
No par
:
22
Jun
23%
7%
46% Jan
23%
23%
74%
66% Jan
85
93/4
*36%
8
Dec
9%
7%
24
Dec
9%
75 %
Feb
15%
9%
"37%
Feb
68%
9%
7%
40
Jun
9%
74%
58
55%
9%
9%
37%
10 % Jan
70% May
93/4
9%
7%
24
8
453/4
75%
Feb
Jun
463/b
37%
Rights
300
1.700
46
51%
7%
*36%
75
C%
7%
preferred
Lily Tuiip Cup Corp
8
6
46
6
6%
46 J/2
23%
Corp
16%
*6
46 'A
6%
No par
Stores
16%
6'A
46%
*6
6%
5
—_
*16%
17
17
17
46%
*6
46%
Libbey Owens Ford Glass—No par
Libby McNeill
&
Libby
:
7
Life Savers Corp.
5
Liggett & Myers Tobacco com—25
28
Apr
*16 3A
2
•
46%
6 %
6
46%
Lerner
175% Apr
41
17
200
8%
39
2
16%
96%
•
38%
8%
8 J/B
39
39
17%
90
43 Va
23%
18%
46%
9%
1
_
Lehn & Fink Products
37% Apr
1
883/4 Jan -22
12
170
(The)'
Corp
700
43%
2%
16%
non-cum
Lehman
53% Apt 18
83/, Mar 30
3
1
700
1,800
10
23 J/2
*43
4%
39
*4%
2%
50
1st preferred-.No par
2nd pfd
No par
non-cum
50c
10% Apr 19
x24% Mar 30
7% Mar
May
$3
47% Jan 22
20'/a Feb
1743/4 Mar
47
12
Apr
42% Feb
May
5
157
12
8% Jan
23
5%
41%
Lehigh Valley RR—
Lehigh Valley Coal com
7,900
5
10
20%
10
"
4% Mar
6%
20%
42
23%
8%
J,700
20%
96
10%
10
48%
*4%
5
500
51
6 J/2
6%
70
3,400
28%
38'4
20%
30
97
42
*41
100
2,100
29%
29%
*96
20%
J/2
10
*23%
*23'/a
48%
49
20%
43%
*43
—25
95%
96
48%
9%
10
29%
38%
38%
20%
'
29%
*50%
9%
3
30
*6%
20%
100
29%
51%
10 Vb
__5
64
95 J/2
*95
200
13%
65
51%
20%
com
*13%
*64
48%
*9%
Tire
& Sons Co
14'/a
65'/a
51%
20%
1
*131/2
*64
65
29%
29%
1.200
99
14 Va
*13%
65
*64
64%
30
No par
cumulative preferred
(James)
12%
19%
No par
50
2,200
12%
19%
49
49
e%
Co
800
18%
12%
19%
37%
*4%
(The)
12%
12%
96
4
Lehigh Coal & Navigation Co
Lehigh
Portland
Cement
24
*94
pfd—75 Pesos Mex
preferred
3.85%
10
Co
16,500
41%
*19%
64%
373/4
.
44%
*41 '/b
*12%
30%
30
—No par
common
Rubber &
Lees
*63%
.
44%
41'A
19%
14
10
44%
41
$ per share
12%
98
100
44%
41%
share
43%
*41
19%
*13
No par
share
44J/2
$ per
Shares
$ per
12%
*96
for
the Week
Apr. 29
12%
1
^.10
Apr. 28
19%
19%
No par
share
Sales
Friday
Thursday
Apr. 27
12%
*12
par
common
Light
Bryant
4 V2V0
18
Jun
41%
—
6%
Lane-Wells
19
37
263/4 May
90
Lambert
Lane
44% Jan 24
43
Gas
Consolid
26
90% Jan
May
21%
La
28
26% Jan
44 J/4
41 %
No par
(S H) & Co
Laclede
21
20% Apr
11% Jan
4
14% May
Jan
43%
41%
100
Kroger Co (The)
12
43%
41%
common
393/a
.
$ per
43%
41%
com___No
$5 prior preferred
Feb
Oct
$ per share
43%
41%
2nd nreferred
conv
Wednesday
Apr. 26
43 %
$ per share
PRICES
HIGH BALK
Tuesday
5
Par \
Kimberly-Clark Corp
4%
AND
Apr. 25
No par
:
Feb
•
45
Monday
Apr. 23
County Land Co
Keystone Steel & Wire Co
%
89
32
Saturday
Kern
22 3/a Jan 11
(1897)
CHRONICLE
LOW
STOCK
Kennecott Copper
99% Mar 17'
Mar 18
Feb
11 Vn
63
V
YORK
EXCHANGE
42 Va
19
FINANCIAL
STOCKS
Range Since Jan. 1
Year 1«J4H
Lowest
&
*103% 104 J/2
107/b HVb
*713/8 73
17% 17%
21
*34J/4
8
28
223/8
103/a
22%
10 J/4.
22%
10%
9%
10%
8%
*40
*42
43
*42 Va
13%
13
13
13%
13%
13%
13 J/a
S
7%
7%
7%
7%
300
28%
273/a
27%
5,700
*90%
8
28%
*73/4
28 Va
28%
27
43
*90%
91%
*90%
91%
21
*20%
21
20%
20%
20
203/4
35%
34 3 4
*34%
34%
243/4
34%
34%
35
98
97%
98
109
*109
97%
109%
98%
99%
109%
*109
99%
*109
100
*99
109%
*109
*11%
113/4
11
11%
11
11 J/B
11%
11%
11
443/4
451/4
441/4
44%
44%
44%
43%
44%
43%
46
46%
132
132 VB
12
.1
46 %
47%
133%
48
*47
132%
*132
12
12
133%
*11%
12
81/2
8%
*81/2
8%
8' '2
8%
47%
48%
48%
4834
49%
50%
91
91
91
91
92
92
72
72
72 Va
71%
71%
71%
>103%
104%
104%
104%
*103%
104%
463/4
*132
11%
47
133%
12
*8%
8%
50'/a
50%
*92
72%
*103%
94
72%
104%
11
11 VB
11 VB
11%
111
11
11
73
73
70
71%
69%
71
*70
71
18
18
*17'/a
18
*17%
18
*17%
91%
91%
203/4
34 JA
109
*11%
43
43%
21
*90%
18
20
a
11 VB
45%
100
900
•
•
3,500
600
220
109 %
10
11%
2,100
44
45%
3,300
800
132%
90
12%
12%
1.500
8'/a
8%
600
50%
50%
1,900
132
*92
72%
*104
*10%
71
*17%
94
50
72 34
1,800
104%
30
10%
2.700
71
320
18
200
COMMERCIAL
THE
(1898)
NEW
Range Since Jan. 1
Year 1918
Lowest
Highest
t per share
423/4
73 %
Feb
42%
Jun
$ per
54% Jan
9V8Apr
21
6
25
Mission
13 %
Feb
34
July
15% Feb
25
257/s Mar 30
Dec
44
Jan
25% Apr
26
35
15 Va
Jun
x9% Feb
Dec
29% July
21% Jan
4
45 %
Nov
61% May
45% Jan
11% Jan
25
22 Va
4
99 % Dec
9%
May
112%
Dec
10%
47 % Mar
65
103
Feb
107
Feb
Jan
Jan
3
111 Va Jan
A
$3.25
preferred
10
Dec
17% May
10% Jan
3
Nov
27
Jan
21% Apr
29
23
Jan
7
Jan
21%
Dec
16% Feb
11
20% Jan
20
20%
Jan
19% Apr
19
25% Jan
7
Motor
18
25
19% Mar 30
Motor
Wheel
17% Jan
8
Mueller
7
Mulllns Mfg Corp
Munsingwear Inc
Dec
24
Jun
Nov
16%
Oct
19
10
Dec
14%
10
Feb
45
May
Jan
112
Jun
12%
Sep
17
34
Dec
50
Jan
11
17
110
Jan
7
42% Jan
3
38% Feb
Oct
33%
107%
Feb
13% Apr 29
10% Apr 21
Motorola
25
5
Jan
11% Feb
11
13% Jan
6
43
Jun
32% Mar 18
34% Jan
13
Dec
55%
Jan
48
14% Mar
21%
Jun
113/4 Apr
29
13
51
48%
473/4
47%
2,500
8%
8%
8%
3%
8%
83/4
4,600
4%
4%
4%
4%
4%
4%
43/a
6,800
23%
23
23%
22%
23%
23%
23%
22%
23
20%
223/8
16,800
26%
26
26%
25%
26%
27%
27%
27%
27%
28 3/4
28 3/4
1,300
10%
*10'/a
11%
*10%
*23%
23%
*23%
51
51
.
10 Va
10%
10%
10%
10%
10 Va
24
23%
23%
23%
23%
23%
23%
23
23
700
51%
51
51%
52'
51%
52'A
5 PA
51%
50%
51
3,200
108%
*108%
110
11%
11 %
11%
11%
No par
53%
53%
53%
53%
*105%
108
107
*105%
107
*108%
110
*108%
*
*105%
108%
*105%
110
110
*10%
110
*108'/a
110
11 %
1PA
11% * 1PA
53
53%
52%
53'A
105%
105
200
110
*108%
100
11%
52%
11%
11%
52 V8
*11
300
52%
53 VB
500
•
9,400
'
5
*12Va
12%
12Vs
12V8
12
12%
11%
11%
11%
11%
11 %
113/4
No par
*21%
21%
21%
21%
21»A
2 PA
21%
21%
*21 ya
21%
21 Va
21%
400
3
*17%
177/8
17%
17%
*17'A
17%
17%
17%
17%
17%
*173/B
17%
1,300
No par
*20%
20%
20
20
20%
20 %
20 %
*19%
20 y4
20%
2OV4
1.100
6
*18%
18%
18y4
18%
18 3/8
1
*137/a
14
137/a
14
13%
13%
13%
13%
13%
133/4
13 %
131/2
1,300
1
10%
11
10%
10%
10%
11%
11%
11%
11'A
IP/4
11 Va
113/8
3,300
10%
*10%
Inc
Corp
Corp
Brass
Jan
8
Myers
15% Jan
Mar 18
47%
8%
4%
*10%
5
.
Murphy Co. (G C) common
4%% preferred
Murray Corp of America com
4% preferred
112% Mar 17
Jan
48%
8%
*26
5
Co
14% Jan
Dec
15%
13%
6
48'A
8%
4%
48
*1C5%
Products
29% May
23
May
13% Apr
48%
8%
4%
No par
5
Co
Shares
9
A__No par
Montgomery Ward & Co
Moore-McCormack
Lines
Morrell
(John)
& Co
11%
48
for
the Week
share
4%
48
1.25
com
series
20
47%
$ per
share
No par
Co
$4 preferred series B
Montana-Dakota Utilities
13
11% Apr
6
59% Mar 29
$ per
22%
20
Inc
Co
Chemical
$ per share
4%
100
Mills
Hosiery
Monsanto
111% Mar 29
4
52
Mojud
series
Carpet
Monarch Machine Tool
5
Apr
55% Mar 30
11
10
8
24
8
Apr
Oct
May
122
105% Mar
Mohawk
20
$ per share
9
*47%
5
No par
com
Sales
Apr. 29
Apr. 28
Apr. 27
Apr. 26
Friday
Thursday
Wednesday
Tuesday
Apr. 25
$ per share
t per share
10
preferred
7%
Jan
Corp
RR
Monday
Apr. *3
Mission Development Co
Mo-Kan-Texas
7
Jan
Monday, May 2, 1949
RECORD
Satnrday
Par
6
2
4% Feb
9% July
Feb
CHRONICLE
LOW AND HIGH 8ALC PRICKS
STOCK
YORK
share
x33%
9
STOCK
EXCHANGE
11
Feb
7% Mar
Feb
NEW
Hirhest
9 per share
$ per share
4
YORK
FINANCIAL
STOCKS
for Prerione
Lowest
&
7
Nash-Kelvinator
(F E)
& Bros_
*10%
1
10%
*40%
100
-*18%
■
10%
40%
111%
*
18%
*10%
41'/a
*110
20
18%
*10%
41 %
*110
18 'A
10%
41%
111%
*10%
10
12%
12%
12%
12%
12%
13
50
*32%
33%
*32%
33%
33
33
*10%
13
103/4
41
1,000
111%
40
13
12%
13
12%
12%
1,700
200
34%
*33
34 "A
34%
341/4
49%
*33
700
111%
111%
*110%
111%
41
41
41
41
*110%
111%
ie%
10%
41
41%
*110
18'A
18'A
2,300
*47%
49%
*47%
49%
'
No par
*47%
,•
49%
*47%
49%
*47%
'*47%
49%
."f
N
20
Feb
32%
Sep
23 Va Jan
18
Dec
29
Jan
19
Jan
3
10 VA May
13% July
5
Jan
9% Feb
4%
8%
9%
29
Sep
Feb
11
30% Jan
3
Oct
175% Jun
5%
Nov
323A
Dec
■
9% May
/
48
Feb
,
Dec
10% Mar
5% Feb
6% Mar
7 ;
14% Aug
24% Mar
8
9% May
13% Jan
27% Feb
13% Feb
14
17% Feb
7
Dec
11% Apr
13% Feb
42%
15
Dec
"
Sep
85
Oct
29%
14%
Jan
207/s
Jun
96% May
'38
88
Jun
162
Oct
177.
130
Nov
Dec
Feb
1
19§
Nov
25
81% Mar
20
16%
25 y4
Nov
94
Nov
9
Nov
100
Feb
*27% Mar
87
35
Feb
% Mar
Range fer
8
Nov
12%
70
15% Feb
9
10% Jan
3
20
9% Jan
4
12% Apr
11% Apr
Nehi
14 % Mar 17
Nelsner
Bros
Inc
xl01% Jan
12
43A%
conv
serial
93% Jan
27
2
■
Range Since Jan. 1
Lawast
8% Jan
-
$ per share
,
3
9% Apr
97% Feb
2
59% Jan
8
9% Feb
67
22
25
13% Jan
723/, Jan
29
Feb
24
33% Jan
10% Feb
24
July
July
Apr
Jun
,
•<
68% Feb 24
124% Mar 29
10% Feb
20% Jan
Jun
48
225
Jun
7
Feb
11
5
New
7
New
N Y
140
Jan
21
14% Jan
8
25
Apr
14
59
Feb
10
250-
29
9% Jan
21
28
333/4 Jan
Jun
91% Jan
193/4
Oct
15% Feb 25
4
96
Jan
90
Jan
25%
Jun
17% Apr
22
21
Dec
Jan
8% Apr
23 % Jan
25
14
Jan
3
3
28
50% Feb
24
59
..Dec
55
Feb
62% Nov
7
28
Va Jan
20
3
19Apr
11% Jan
28
North
5
7
85
18
Jun
.
81
Mar
:Jan
11
36%
Jun
31
Jun
13% Feb 24
Jan
14
8% Feb 28
109%
Dec
Nov
16
17% Mar
Nov
Jan
27% May
3%
Dec
40%
34%
Dee
'
Jan
47%
Dec
Dec
2
90
Feb
4
19
36
Feb
Y".
14%
17%
17%
*
Jan
11
Corp
•
26%
12% Apr
"
com
*140%
.
Norwich
11%
; ■;
71/,
11
11%
29%
29%
29%
29%
293A
14%
•
14%
14%
*14%
143/,
17%
17%
y;
17%
177/a
17%
173/4
11%
'113/8
6%
1,200
31
2,300
;
7
■»
7%
800
7%
3,300
11%
113/8
>
400
14 vs
14%
17%
17%,
10,700
11%
■11%.
29% ■; 293/4
v
;
11%
143/8
*87
26 Va
263/,
•
11%
UV4
143/8
*87%
•
14%
14%
88
14%
143/4
88
-
-
26%
171%,
140 Va
6
140%
5%
88
88
275/b
"
27
273/4
171%
171 %
142 •'
*1403/4
21 Ve
171%,;.;
170%
57/B
" "17%
17%
,
17%
*19%
4,100
141%. 141V,
75%
57/8
173/B
ilf
" 20 '
.
5%
17%
'
16
.*22
;
88
-.
1,000
y 4,000
-
27 %
142 Va
275/B
277/b
.170%
30
170 V2
•
\
■>
173/4
143
5%
.•8,600
.
260
143
*142 V4
r
57/»
*22
18%
85%
75
%
20 %
19%
19Va
75%
74
'•
v;
A
*22
23 '/a
;i83/4
"85 V*
18%
'
/85'
27%
18%
18%
183/8
18%
85
85
85
85
27
21 Va
27
27
*27
H%
12
12
12 Va
*11%
12c
-
27
11%
12
133/B
103 -
12%
11
,12%
13
*
*1003/4
31
"
-
11%
11%
12
*99%
•
*13
*30%
100 Va
'
103
Y;
2,800
13%
993/4
21 Va
27%
.
12
*13
133/b
103
30 »/b
30 V8
100%
'99%
100 Va
30 %>
1,300
11%
13%
•*100%
103 ;.
t
v-
100 Va
/,
300
"V4
900
7.
.
k
■^
100%
*99 Va
I 2,000
„
1,000
x
30% / 303/4
30%
*99%
450
700
11%
13%
1
15,000
s'
11 Va
V
103
:: ':
T.
11V*
11%
'■■*100%
f. v-'"
.;
12
*11%
*11%
11%
4,000
84%
13%
■t30 V2
*99%
18
12
♦100%
103
30
r
173/4
84 Va
113/8
'
13 %
•
•
.23
85
13
*84%
400
...
*22%
23%,
12
'12
*100%
31
993/4
5/a
-
15 Va
18%
*22%
11%
11%
*11%
13
-
*100 3/4
Y
»si
2,000
3,100
-
r
Y
20
74%
12
23%
'
*13
', /i
17%
*19%
-
27%
11%
: 27
*H7/b
12%
A
*22
1
12%
6
■
A Y
*
74%
74
23 V4
•
'' '•
17 Va
A
20 Va
743/4
'
17%
*27
*5%
17%-
17%
*19%
1 6
*19%
75% *
"75
23
*85y4
-
>'87%
,
171 Va
*170%
6
6
173/B
'
•v
■;
;
14 V4
14 Vs
r
'
20>A
'
v.
1,300
fl
"e
20%
*75
r
11%
88
171%
%
;
*
■
•
6
17%
Saturday
YV
./v-/Apr.'23;' ,• '
'• Apr. 25.
t per share
..
-
I per share
9%
Monday
130
••
*9%
30
10%
'-•*45%
46%
93,fe
•
•
72
[
59
.■
-
92
18%
*87%
*18
18%
8%
50%
8%
/
50%
•
'
Y
51
15
♦
15
'
10%
\K
*34
—No par
*3%
Y12%
:
•
300
400
,
.
"
26%
21 Va
92%
92%
92%
923%
:
18%
18%
183/4
181/a
18%,
;Y 1,300
:
7%
:
7%"
7%
*87 Va
90
*87%
90
*88
*17%
18%
817%
18
*17%
8V1
27
83/a
8%
26 3/4
26%
50%
*26
Va
50%
26
191/4
9%
•'••
TO
82
82 VB
82 VB
323/4
33 Vs
32%
15 Va
14%
10 V*
10 VB
10%:
10%
85
8(5
15%
84%
15%
*33%
*3%.
3%
■*3%
*12%
'
12%
15%
123/4
123/4
15%
3%:
32%
; 14%
14%
-TOVs
T03%
.
)! 84
-
*
8%
.
"34 ■
12%
.
9,600
^,14,400
fli
'si':
,
15%
4'400
30,800
t:
130
107 Va
8%
350
m
8%
4,000
•
.iH
<3,700 Y::
15%
'*331/2
34
':•'•
GO
'
-*3% '•> 33/,
*12%
4
84
107 V4
;
15%:
*33%
123,4
400
37,100
82
32%
IO73/4,'
15%
34
82
85
'
8%
34%
'
9% Y: V
10 %•
107%
8%
9%
14%;;
,85
1073/4
8%
*33%
Y
85
'107%
15%
34
*3 Va— 33ii
"
33 VB
14%
8%.
Y"
"
82
107%
' 3,300
;
■'
500
.
.,
193/,
15 %
8%'
3,800
*
;•;
51 V»
26
33 V,
1073/4
100
v'
3/„
193/4
32%
•;v
8
26%
51%'
193/B
10%
30
18
81/4
26%
26% -
826
19%
10
Y
8
1,700
Y
90
26%
51
51%"
26%
19%
-10%
83
8%
*26%
"
10%
>
263% '
'26%.
,
3,400
7%
18
143/4
>
7
90
,
*82
"
~
8%
12%
150
93
10%
108
34
400
27%
-
18%
19%
33-
•15%
12%
:
Y
!
*92
26
83
8%
900
300
'
Y ;
GO
*240
•
;.
,
;
*27 V,
18%
51%
10%
107%
Y 341/2
3%
2.50
,.
.
283/4
*24
;.*56
60
250 "*
1Y
800
12,300
123/B
283/4
56
*240
71
125%
,121/2
: 8,000'
-:
.
93
19
10%
15%
25%
8
60
70%
•
•
;,
11%
27 Va
8%
"14% v 14%
r 9%
8
283/4,
250
29%
29'A
r 125%
Y
12%
812%
29%
Y 11
71%
128
.
7%
27
-85%
107%
71%
3,900
-66
291/4
■f
11%
*125
12%
;
*56
50%
10 %
'8%
72
126
123/4
*24
26
85%
15%
>
713/4
*240
19
10'A
107%
.
29 %
26 %
86
t 86
No par
No par
»
30%
29 %
11 ::
51%
*
"*
10
29%
11%
: ■' 97/8
^9 %
*64Va
•
1,400
•
?>
.
'
29%
126
7,000
49
73/4
*87 Va
26%
*26
•'26%
:
:Y 18%
18%
.10%
10% Y '» 1Q%
82%
*81%
*82
7
*323/,
33
*
32%
i
66
30%
60
V.; is
8%-
26%
18%
_10Q
Shares
9V4
97 Va
48 %
9%
64 Va
11%
25
*92
*
26%,
9%
*
'
29%
250
-18%
•
901
18%
'
10
66
9 V,
*95 Va
27%
'
92
•
*17%
*26
$ per share
Y
48 Va
30%
12%
■
for
73/8
88
8%
"
'
7%
-273/4
27%
V*18%.
9%
71%
*55
*240
•
;
48
48%
*64%
'
126
25
59
250
7%
5
18%
26%
galee
*,>•«: the Week
■
"
liVs
123/4
*23% —25
r
9%
97 V»
.
29 3A
*123%
123/4
48
9 Vb
*95 Va
31
;
71%
126
'
*124
*86%
;
•
f per share
9%
97%
66
10%
,V '
93
Apv. 29
:
"
9 Vb
9%
*64%
-
29%
7%
,
•/
*
29%
72
27%
18%
'■'►•Apr. 28
$ per share
*95%
46
93/s
-
•
11 Vat
-
7%
*92
45 %
30%
•-
'**240
-*27%
%■■■>'$Friday s
i Thnraday
>
9 Va
29%
11
59
.
66
!—■ *12V2
250
Y"
Apr. 27
97%
*95%
29 V,
;*
* 24%
59
10 '
*64%
72%
126%
13
V
*225
.
Wednesday
Apr. :>«
*29%
' 24
•
'
9
•
•
*12%
'
60
—
'
.'*124%
-
93/b
*"
11%
*71%
<
:
t per share
97%
T
'*29% "
1
■
4
'131%
93
.
9%
10
•<
Y'/
*95%
Y
66'
31% Y
:
r
.
'
46
*64%
/'.Tneaday
'
'97%
*45%
Y.
■
9%
*95%
i
28
Rubber.
Pharmacal Co
7
*11
14%
UVa
'
88
142%
'
.—10
&
7%
*11
6%
'
:
26%
'
___50
23
Y 7%
29%
14 3/8 "143/4
;
172%
ZZd
Co
preferred
Tire
7
•
14%
.89-'
172%
'
1
preferred
Norwalk
31
7%
290
"
*11%
113/4
'143/8
*
Northwest Airlines Inc common
lo
4.6% preferred
__25
Northwestern Telegraph
:
4
4% Jan
31%
7%
6 Va
/
11%
"
-
113/4
par
$4.80
6V2
•31%
7%
7 Va
7
29%
141/4
2.50
preferred
American Co
$3.60
2
Jun
27% Jan
3
-31
99% Jan
3
104% Mar 25
25% Feb
11
17% Jan
8
Jan
'<■
23% Apr 21
100
94
Apr 26
6% Feb 11
Jan
81
Jun
20
37% Jun
154
'
Jan
23
Ffeb
,
16
Mar 28
29
Feb
7
148
Jan
15
Jan
13% Feb
8
Feb
X66% Apr
19
73% Jan
49 V, Jan
3
•89
:
Mar 23
33% Jan
19% Mar
31% Jan
-
99
Jan
Jan
10
10
32% Mar 30
16% Jan
79
»
Corp
24
15
May
73
Apr
66
Jan
7
71
43% May
Apr
4
37
Jun
6
40
Jan
17
Otis. Elevator
Outlet
1
pfd
*2934 •30%
20
No par
common
preferred
103
..
"
preferred
(The)
5
.180
.—No par
a
.
6
icq
95
;
•7%
"*85
•'
*20%
31%
Co
Jan
7
Pacific
Amer
Fisheries
10% Jan
18
Pacific
Coast
Co
Inc
common
1st
preferred
2nd
preferred non-cum
*155
12.50
*14
No par
Glass
:102
1
18%
*
*2434
*66
.
;
95
23 V2
.;
*94v
•7VH
24V4
85-■
•
21
155
*
,
5
10
52%
>12
*8%
12%
91/4
non-cum.ZIZNopar
>67
69
Nopar
39
39
85 %
21
*20%
-
14—
283/4
18
29
>
.is
24%'
24
94
94 %
94%
73/b
7%
"•
*85
;
3 Vb
3 Vs
s100
123%
■
123%
900
•
7%
'
85%
*85
21
*20%
31
31 Va
155 %
*155
156%
31 %
*155
;
24%-
853/4
21
1
24 Vb
•
31
•
156%
*155
-
14%
14%
*14
69
*66
69
*66
69
*66
54
X53%
54
12%
*12%
*8%
67
*37 Va
12%
9 V*
67
38%
12%
*8%
*66
37
9%
68
38 Va
*8%
*66
37
12%
9%
68
38 Va
7%
853/4
*20%
53
95
•
•*85
*52%
*12%
+
7 '
"•31%
21
•
313/,
156 Va
'■
14 Va
53%
54 V.
12%
*8%
>66
38%
*30%
*102 ;
69
12%
9Va
68%
33 Va
Y:
31%
;•
iV
200 rr
102%
80
27% -28%
•
Y18%
24
95 -J
*14
*14
29
*17%
14%-
52%
31%
102%-
-28%
*66
■
69
52%
18 3a
7%
*30%
•* 102
'
18%
23V4
7%
31
31 ' "
102; ,102 "Y
%
29%
94 5
-
102
31%
,
'
12.50
'
*20%
Y 31-
156 Va
14%
'
'
853/4
31%
55
-
7%
"
28%
"
*'
*18%
30 V4
30%
*
28%. -29%
.
-
HOo
iq
Co
Owens-Illinois
•
18% •;
24%
'30%
102 Va' 102%
.29%
*18%
iioo
Marine & Mfg
.*29%
103
29%
No par
common.
preferred
Outboard
28
58% Jan
14
convertible
convertible
6%
24,
Jan
Feb
8%
25
Sep
16
:
Co
Oppenheim Collins
Dec
8"/a Apr
4%%
Omnibus
22% Jan
155 % Apr
common
preferred—
Oil
Oklahoma Gas & Elec 4%
Oliver Corp common
;
7
8
90% Jan
4.40%
Ohio
7*
$%
11% Mar 29
.
7
60%
34%
15% May
Ohio Edison Co
7;
11%
Feb
29Vb
*88
Northern States Pwr Co
(Minn)—
Common
No
109% Mar 22,
10% Jan
7-
Jun
23
Nov
80
11% Mar
X109% July
12% Apr
Dec
Nov
11
2% Mar 22
36% July
Jan
Sit
"29%
par
.100
Industries—
American Aviation
Northern Central
Ry Co
Northern Natural Gas Co
Northern Pacific
Ry
29
Jun
16%
Mar
144
33% Jan
10% Apr
100
Adjustment
36% Mar 1717% Jan
7
43
Feb
27
Apr
Feb
103
18% Apr
6%
preferred
Ry
6%
Y32 %
7%
6%
2,600
172
171%
313/4
6%
32
'
*7%
7Vb*
173
7%
6%
31%
7%
7 ..
"
172
172
.
2,300
O
25% Dec
92% Jan
28% Feb
88
84
Apr 29
107% Feb 15
8% Apr 21
15% Apr 22
•7% May
114% Jun
10% Mar
:
No par
No par
North
' Mar
6%
"11%
Elec & Gas Corp—
Chemical
172
32% "■'.'
7%
HVa
4
par
com—.100
common
Norfolk & Western
9% Feb
27%
Oct
No
preferred——No
Electric
Nopco
10
26
Dec
20
Mar 24
% Jan
15% Jan
38%
'
Noma
Jan
18%
92
$3.75
1723/4
33 3A
-33
33%
"
*32
11%
29%
...No par
Harlem
NobUtt-Sparks
Jun
13% May.
93
171%
".14'/4 ' ,141/4
17«/4
17 3/4
pfd—100
Shipbidg Corp partic stock
1
17%
Feb
22%
non-cum
&
28%
25%
•
N Y
10
17% July
36Vs Jan
Dock
33
""
"
7%
*11
»
RR Co
._50
Haven & Hart RR
C01IOO
Preferred 5% series A.
100
N Y Power & Light 3.90%
14
Dec
Brakfc__
preferred series A
$5
7
3
8%
Central.—
York
33%
.
LOW AND HIGH SALE PRICES
1
N Y New
<
22-
19% Apr
Air
*31%
33%
.
172
;
32%
33
*31%
33%
6%
6%
32
100
;
City Omnibus Corp
NY
9
Jan
103%
,*6%
STOCK
York
New
231
Mar
86
90
171"
-'*7% V 7%
Par
N Y State
Aug
173V2
_100
York
6%
21
Apr
Jun
.
preferred
Chic & St Louis Co
N Y
26
88
78
*171'/a
common.No par
England Elec System
20
Jersey Pr & Lt Co 4% pfd-i.100
Mining Corp
10
Newport Industries common
1
4%% preferred—
100
Newport News Ship ''k Dry Dock—1
12
Jan
Apr
.
96
82% Mar
8,900
1
], '„V,
21
13% Jan
81
26% Apr
39% July
Jan
•33%
33
33%
New
12
Apr
Jan
8
900
333/8
33%
Newmont
27
35
Mar
Aug
14% Mar
31%
New
»
10
25
23
•
\
13
Mar 21
13%
'
31%
No par
No par
EXCHANGE
19
14%
25.
31%
1
common
NEW YORK
20.
;
31%
1
Co
preferred
Highest
$ per share
;
61
Feb
33
'
.100
Co
33A%
*31%
No par
10
Corp '!
Newberry Co ".(J J)
993A"Apr 25
33
STOCKS
:
,
*s>
255
Nov
14%
3
Jan
31% Feb
Mar 28
29
Jan
81
103
*31%
'
2
13% Mar 30
Apr
28% Jan
27
Fibre
3
Jan
,
Vulcanized
Natomas
12%
100
28
Oct
23%
6% Mar
20% Feb
Natl
10%
12%
12.50
—_
i*
Feb
9% Jan
13
Jun
144
Mar
200„
86
24
10%
12
-
National Sugar Ref Co
...No par
National Supply (The) Pa com—.lo
4%% preferred..—
—100
National
Tea
Co
10
7
Jan
273A Apr
18% July
11% Mar
49%
Jan
86
4
94
92
Feb
,
11
43% Jun
Feb
20
19
82% Mar 23
44 % Apr
343/4
Dec
121
23'A Mar 28
10 %
12
.
90%
Nov
39
7
21% Jan
Aug
July
26% May
Feb
.12%
10
64
Nov
31.
Jan
91% Jan
99
Dec
20%
22
22
10%
12%
*'
B
National Linen Service Corp
l
& Steel Cast-No par
Natl Power & Lt ex-dist
No par
National Shares Corp
No par
National Steel Corp
25
4
19% Jan 21
'hare
12% Jan
Feb
U Jan
10%
12%
No par
Nati Malleable
Previous
f
90% Mar
38
6
8
preferred A
preferred B
6%
9
21
73% Apr
Jan
Year 1948
Lowest
Highest
< per share
7%
10%
12%
1
No par
Prod
$4.50 conv preferred
National Lead Co common
3
6% Jan
21% Feb 28
May
98%
7
19% Jan
2
Products
Enameling & Stamping
National Gypsum Co com
33% Jan 21
5% Mar 10
Jan
19 y« Jan
19
May
104
Jan
Nov
16% Jan
16% Mar
Jan
12%
Nov
12%
■
Dec
8
148 % Mar
30% May
15% May
10%
9%
Nat
177 % Feb
July
80 VA
14% Feb
4
Oct
21
28
4
25% Jan
Nov
Dairy
Distillers
15
10%
12%
1
Department Stores
Feb
10%
123/4
7% '
National
95
4,700
10%
.....
National
Apr 25
100
200
9
9
12 Va
Co
National
25
25%
213/4
10%
j
24
14
May
,
Cylinder Gas Co.
4"
8%
/
9%
9
9
9
9
11,900
25
22%
213A
26 Va
*21%
10%
1
Noj
19% Mar 30
Jan
Jan
114%
Nov
National
169% Jan
24% Jun
■5%
15%
11
15 V, Jan
9%
*26
22%
13
'■
Container
Jan
8%
33%
Corp
National Cash
National
.
8%
27
*21%
12
113A
12 Va
11%
12%
*26%
213%
21%
*26
121/4
;
8
135
Jun
Can
22%
'10%
common
preferred
National
26%
*21 %
'
Inc—
Register—.,
City Lines Inc
25% Apr
147% Apr
7% Feb
Co
12
12%
26 Va
*25%
22
83/4
-
97/a Jan
10
May
May
Biscuit
7%
3
297/b Apr
Jun
21
National
11%
261/2
:
;
National
12
82
Co
4
Jan
10% Feb 24
22 %
Nov
Battery
Fibres
73A Mar 11
Mar 18
14,%. Dec
Corp
National
27
Jan
35
2
17%
National Automotive
7% Mar 29
7
30% Feb
Jun
178
V
National Aviation
25
34% Apr
170% Mar 15
:
12
11%
12
*26
*21%
7
Jan
1
Co
4
13% Apr
37
Acme
National Airlines
4
11% Jan
3
2
162%
9%
3
30% Mar
Feb
..
National
10% Jan
26 y«
6
Nasnville Chatt & St Louis
..
17% Mar
July
82.% Oct
117/b
21
11
28
45
Nov
Mar
Corp
Jan
23% Apr
9% Apr
12,700
.
*173/4
-241/4'
7-24V,
95
•Y.95
l
'
''
7
*85
300
18'A
,
853/4
-
■'
.-4,900
V
7 V4
140
2,700
-
130
v
100
20% :i 20 Ya
■
30%
*155
v
31
5,100
156%
;
•VX14% "143%
*66
-
54
12%
*8%
*66
38%
i
,.
1
110
100
69
54%
4,100
12%
500
9%
68
Va
38 Va
COMMERCIAL
THE
Number 4799
Volume 169
Range Since Jan. 1
Year 1948
Lowest
Highest
$ per
share
15% Miar
21%
Jun
29%
36%
Jan
$ per
share
Nov
55% July
47 % Mar
Highest
t per share
18
Feb
$ per
21
share
Par
•
14
Apr
14
3
Pacific Finance Corp of Calif
Pacific Gas & Electric
Jan
6
Pacific
Feb
21
147
3%
3
34
Feb
7
96% Mar 28
135
Lighting
11
32 % Feb
25
3% Feb
8
16% Apr
97
Jan
105
Jun
102% Feb
18%
Feb
Jun
26% May
6% Feb 24
61
May
3% May
40
Va Apr
16
Jan
7
104% Jan
20
Apr
2% Feb
Jan
38%
Feb
49%
Jun
97/s
Dec
15%
Jan
99%
99%
99
99%
Inc
Cos
1
preferred
convertible
100
—1
Mines
4
15%
Feb
21%
Nov
27
Dec
34% May
112
Jan
20% July
8
19% Jan
10
31
30% Apr
8
Apr
Dec
22% May
15
Dec
48
Apr
Feb
120
Apr
104
28
Dec
Jan
29
45%
28% Jan
12
111
4
Jan
Feb
99
Oct
96% Feb
9
Nov
8% Feb
28
7 Va
NOV
20% May
24% Jan
8% Jan
Dec
30'/a
104
Oct
9%
Feb
17%
14%
Feb
20% May
44%
Dec
64% July
40%
Feb
59
July
48%
Dec
55
May
93
Dec
May
Jun
104% May
24% Jun
7
34
3
Feb
Apr
27
8
108
102
3
12
Apr
11
24
Apr
12
7
12% Jan
7
3
24% Apr
14
51% Jan
19
10% Feb
17
Jan
42 Va Apr 29
39% Apr 22
x48% Mar 30
Pfizer
20%
Dec
20% Jan
3
233/4 Apr
Nov
25%
Sep
23% Jan
4
25% Feb
104
Jan
115%
Jun
110% Apr
6
112% Mar
91
Jan
103%
Jun
Jan
7
101
111
Jun
105
.
8
21%
Nov
13% Apr
29
19% Jan
7
45% July
26 Va Apr
29
40% Jan
7
81
Sep
91
83
Feb
8
25% Mar
39%
Dec
37% Jan
4
87
Jan
97%
Jun
93% Jan
3
82%
Nov
88%
Oct
11
Dec
13%
Sep
87%
Jan
92% Aug
54%
Jan
10
Dec
V 77%
Jun
14% May
t
Apr
91 Va Mar 30
Jan
6
10
11% Jan
11
13
90
Feb
11
4
64
Apr
19 '
11-
Mar 30
Apr
51% Feb
9
Feb
28
Phillips
Year 1948
Loweot
t per share
Highest
S per share
30
Dec
34%
Jan
98%
Apr
103%
Jan
110
"
Jun
10%
Dec
15%
Dec
93
80 %
26
Mar
12%
Feb
138
Dec
157
Feb
30
Dec
7% Nov
10%
Feb
140
113
t per share
100% Jan
4
Sep
Jan~3
July
July
81
Jan
23 %
Jun
155
Apr
169
July
39%
Jun
10
Jan
•Jun
14% Mar 14
3
85
Feb
2
26 % Mar 14
32
Jan
7
3
16% Jan
142
Jan
26
144 Va Feb
28
30
10% Apr
26
21
8% Jan
7
170
Mar 16
7% Feb
Jan
35 Va Jan
159% Mar 15
14
28
15% Jan
7
150% Feb
24
Jan
24
Jan
170
Dec
Apr
7
73%
Feb
96
Oct
79% Apr
22
88
70%
Dec
82 %
May
67% Apr
26
71% Jan 27
15
Feb
145
Jan
26%
Dec
9% May
33
Jan
26%
161
Oct
July
46 Va
July
135
139
Jan
10
19% Mar
8% Feb
24
10 Va Apr
36% Feb
11
50% Apr
Feb
46
Dec
12%
Jan
16% May
14% July
5%
Nov
22%
62 %
Jun
32
Mar
Feb
Mar
Jan
46%
46%
46%
45%
46
4,000
8%
18%
Feb
2
29
14
3
42% Apr
4
20VaJan
3
24%
30 Va May
53
Jun
Jan
May
Sep
90% Mar 17
23% Apr
13
Jan
3
28% Feb
21
30 Va Feb
25
36% Apr
29
26
25 % Feb
107
Jan
105%
15 Va
35%
105%
105%
*33 Va
34%
34
10
10%
*103Va
4
6
108 Va Jan
26
28 % Apr
120
*33%
34%
*33%
34%
103
102
102
102
10
*9
10
*9
10
*9
2
100
102
10
10%
11 Va
23%
23%
,23%
103%
*103 Va
103%
*103%
11%
11%
11%
11%
11%
11
11 Va
10%
23%
104
1,300
39,660
10%
10%
23%
23%
104
104
400
10
•
11%
11%
1,900
23%
23
23%
22%
23
23%
23%
23%
23%
43%
44
43
43%
43%
43%.
43
44%
42 Va
423/4
2,100
2,800
39%
39%
39%
40 3/8
39%
40%
40%
40%
40%
4Q3/4
11,800
51%
51
51%
51%
51%
51
51 Va
513/.
51%
97
96
96%
96
96
96
96
96
96
22%
22 3/4
23
22%
23%
23 Va
233/a
23
23%
24
24
24
23%
24%
23%
23%
24
24
♦HO3/*
111%
107%
110%
100
100
*98
107%
107%
107%
107%
14%
14 3/4
27%
403/a
97
97
40%
98
98
..
*10%
11%
*88%
90
60 Va
61
60%
*10%
11
*10%
61%
61%
11
*10%
I *
11
*88%
*23%
24%
1,000
111%
*110%
111%
993/4
99%
107%
70
993/4
107%
107%
*98
140
200
.
160
14%
14%
14%
13%
14%
7,500
27%
28 Ve
26%
27%
10,300
83%
833/4
83%
83%
200
41%
413/4
6,200
700
41%
42
98
98
90
11%
*96'/a
99
91%
•90
91%
*11
90
59%"
61
60
11%
*88 %
*10% Ml
11
41%
98
*90
90%
*11
*88% V90
60%
42
*96
*
11
*90%
11
90
8,400
85
90
*90%
91%
*88%
91%
:
98
91%
.
*10%
?
41%
40%
40%
*95
;
*106%
■
370
96%
22%
28%
*83
85
*83
*
*1103/4
993/4
107%;
51%
51%
22%
*96
14%
28%
273/4
85
:
28%
14%
14%
143/4
28
27%
*83
403/a
913/a
1103/4
100
*107
85
'
1103/4
*99%
100
14%
'
110%
111%
27%
*10%
90
11
U
11
•10%
600
90
603/4
*88%
59%
11
60 Va
8,400
LOW AND HIGH ■ALB PRICES
Saturday
Thursday
Wednesday
Tuesday
Monday
t per share
Apr. 26
Apr. 25
Apr. 23
Sper share
$ per
share
28%
28%
29
28%
25
*28%
28%
par
100
*101%
102%
*101%
102%
*101
110
*101
110
par
12%
101%
Apr. 28
Apr. 27
t per
tper share
*12%
84%
*82
12%
12%
84'/a
27%
27%
27%
27%
14%
13%
13%
*13%
28 Va
Friday
■alee far
thsWauk
Apr. 29
share
S per
27% 1
Shares
share
28
12%
27%
14
27%
13%
13%
*159
161%
*159
162
11 Va
11 Va
145
81%
82
68
68 %
17%
*17
145
80%
80%
*68
*17
67%
17%
*11%
12%
*12
49
*10%
46%
♦160
163
31%
32
7%
10%
8
11%
32%
7%
11%
9,100
8
3,900
11%
3,700
*127%
140
*127%
82
81%
83
82%
83%
67%
67%
*663/4
67 Va
100
17%
16%
17
200
68
68
"17%
*17
*17
148
♦140
*140
146
145
440
146
*140
*25
25%
24%
25%
24%
24 3/4
10%
*10%
10%
*10%
10%
10%
10%
300
463/4
47 Va
45%
46%
8,600
48
*36
37
*36
37
161%
25%
25
No par
10
Pressed Steel Car Co Inc com
1
4Va% conv preferred series A—50
Procter & Gamble
No par
Publlcker Industries Inc com
5
$4.75 cum preferred
No par
Public Service Co of Colorado—20
Pub Serv El & Gas com—No par
48%
147
140
82
68
600
*144
31%
8
11%
11%
♦127%
140
148
*140
25
11%
17%
*17
31%
77/a
83
82
148
*140
148
*140
8
*127%
*127%
68%
*127
32
77/a
11 Va
11%
11
31%
31%
8
3,200
13%
147
*160
/;
900
273/4
*144
162
*160
12%
84%
*82
28
13%
162
32
12%
27%
*158%
V/8
12%
84%
14
147
250
110
28
147
1,600
102%
*101
27%
♦144
31%
*82
84%
*82
147
77/a
*12%
♦101%
*13%
27%
*144
31%
1
12% ' 13
147
77/a
*101
101%
110
101%
110
*144
*31%
28
101% .101%
*101
*144
46
-
37
46%
*36
37
*36
600
36%
11%
11%
1,000
13%
12%
13
8,300
6%
6%
6%
6%
6%
6%
6%
6%
63/8
6%
6%
6%
*22%
23%
12%
Electric Power Co
preference com—No
No
Pure Oil (The), common
No
5% conv preferred
Purity Bakeries Corp
No
101%
84%
♦82
27%
*13%
Co class B
Inc—*
27%
110
*101
12%
*82
par
12%
12
12%
12
12
113A
11%
13'/a
13
13%
13
13
13
13 Va
13
2,900
*22%
23%
22%
23 %
*22%
23%
*223A
23%
223/4
223/4
300
63%
64
63%
63%
63%
63%
63%
63%
63%
64
63 Va
64 Va
17%
17%
17%
17%
17%
17%
17%
17%
17
17
16%
16%
2,600
2,000
*90
91
90%
90%
90'A
90%
*90
91
90%
90%
240
41
41
41 Va
41%
41 Va
41%
'41%
41'A
41%
413/4
41%
41%
21%
21%
213/8
21%
21%
21%
28
273/4
28
91
*90
21%
21
21%
27%
28
27%
28 Va
27%
28
27%
27%
273A
par
par
34
34%
34%
34%
34%
34%
34 Va
34%
34%
34%
34%
36%
2,300
56,200
10,400
12,400
par
30%
31%
30
30%
30 Va
31
30 Va
30%
29%
30%
29%
30%
8,600
108%
108%
108%
108%
21%
*107%
100
par
Dec
25% May
17
Apr 26
20% Jan 14
Quaker Stats Oil Refining Corp_10
7%
Feb
15
Jun
11
Feb
24
14% Jan
63%
Feb
69 % Apr
22
74% Jan 22
6%
Oct
75% May
11% May
7% Jan
3
9% Apr
com—No par
No par
Radio-Keith-Orpheum —
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
Rayonler Inc common
1
$2
preferred
25
Reading Co common
,50
22%
*17%
21%
*108
108%
300
108%
*107%
108%
27%
*26%
27%
♦26%
27%
*26'/a
27%
27
27
200
17%
18
*107%
27%
108%
28
*27
17%
5
1053/4
15
23%
48%
$1.40 dlv
32 % Apr
300
♦105%
39%
47%
Pullman
5
14,300
35%
105%
*11%
11%
15%
35%
15%
35%
*105%
105%
103
10%
103 %
11%
105%
34
*23%
*
4,200
15 Va
36
103 Va
11%
23%
18%
34
*8%
23%
200
109
18%
18%
15%
*35
18%
900
4,700
26%
*107
109
*107
9
22
*25%
105
105
105
*9
26%
18%
15Va
15%
35 %
105%
*33
18%
18%
9
21%
22
21%
*25%
109
*107
109
18%
9%
*9
26%
443/4
*83
33
26% Mar
22
*25%
15%
105
*99%
Feb
July
9
21%
26%
36
15%
*36
18
Jan
Nov
8%
21%
*107
18%
37%
24
22
8%
21%
109
*107
46
*25%
8%
*36%
Jan
26
Jan
Dec
X25
46
8
5
1
66% Jan
28
Mar 22
38
108%
45%
10%
24
85
Dec
Feb
45 Va
10%
8% Jan
16% Apr
32%
101%
45
*24%
57/a Mar 23
Apr
39% July
42
1,700
10%
Potomac
94
20
Feb
5
28% May
25
x25%
200
28 Va
25%
Poor &
57% Feb
32%
Apr
200
173/4
28 %
23%
STOCK
Plough Inc
Plymouth Oil Co
Pond Creek Pocahontas
19
18
7%
*17%
*10%
6
21
*6%
17%
*24%
14% Jan
71%
7 Va
'
12% Mar 30
Feb
*7
1000
28%
10
*107
Par
10% Feb 23
Nov
12%
7Va
*7
13%
28%
106
EXCHANGE
•12% Apr 21
11% May
35% May
Jan
39
3
4
Apr
12% July
11%
81
29
4
70% May
29%
18
21% Jan 24
Feb
1
147
15% Mar 22
3,800
13
8,200
24%
*17%
.
♦110 3/4
1
Pittsburgh Forgings Co
1
Pitts Ft Wayne A Chic Ry com—100
1%
gtd preferred
100
Pittsburgh Plate Glass Co
10
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co com
No par
7%
preferred class B—
100
5% preferred class A
100
5%% 1st ser conv prior pfd—100
Pittsburgh <fe West Virginia
100
Pittsburgh Young & Ash pfd
100
Pitts ton Co (The)
1
7
13% Mar
500
13
13%
12%
28
24%
51%
—5
Pillsbury Mills Inc common
$4 preferred
No
Pitts C C & St Louis RR
Pitts Coke Sc Chem Co com—No
$5 convertible preferred—No
Pitts Consolidation Coal Co
24
105% Apr
5
7
"
4
32% Jan
11
YORK
*6%
39%
1
t per share
26% Feb 28
Jun
36 Va
20
NEW
Range Since Jan. 1
Lswsst
Highest
6%
18
STOCKS
Banco for Previous
24%
6%
23%
No par
100
100
100
-
27%
24%
*433/4
1—-—No par
Petroleum
Hosiery
27%
7
29
11 Va
23%
*103'/a 103%
11 Va
11 %
Corp
Phoenix
27%
28
*28 %
11
*23 %
common
3
preferred series A
100
Philip Morris Se Co Ltd common—5
4%
preferred
100
3.60% series preferred—
100
Phillips Jones Corp com
No par
5% preferred
100
9
800
4,000
*17%
26%
No par
1
Phila & Reading Coal & Iron
100
40
45%
*104
100
5
40
17%
22
*9
19 Va
29
8%
100
♦19
17%
26%
100
13,900
28%
18
*26%
26%
*107
109
18 Va
18%
15 Va
15%
*35
36
*105% 106
*32% -34
—5
100
20%
29%
21%
3%%
10% Feb
88
89
preferred
preferred
Phllco
43% Mar 28
100 ;
3.8%
4.3%
108% Jan k' 5
Apr
Jan
Jan
88 3/4
Co
7 Va
8%
7
600
104%
20%
28%
24
Electric
7 Va
*17%
18
*8%
21%
33 %c
Co
12%
7
7,800
18
29 %
common—No par
7
31
14..
Va Apr 28
Brewing
12%
12%
7
7%
*103
270
7%
25%
*6%
*6%
6
21%
10
No par
(Chas) «te Co Inc
12%
12%
*7
18
29
*45
No par
$1 div preference com
4.4% preferred
28
July
5
5
25
*12%
22%
4
Jan
*24 Va
7
%
6%
*95%
Phila
18
22
98
27%
24%
& Eastern Ry Co
pfelffer
Mar 12
99
27%
Phelps-Dodge Corp
25
Philadelphia Co 6% preferred
50
$6 preferred
No par
54 Va Mar 18
90% Mar 24
27%
6%
900
100
7%
2
24%
preferred
Fetroleum Corp of America
53% Jan 21
40
2
27%
4%%
17
*39
2 Va
25
No par
Pepsi-Cola Co
Pet Milk Co common
Feb
41%
2
27%
Peoples Gas Light & Coke
Peoria
104
*39%
25
100
19
5
2'/a
41%
2%
preferred
Apr
11% Jan
Jan
2%
2%
*19%
*39%
25
Co
Mar 11
21
41%
19%
27%
Peoples Drug Stores Inc
5
*39 Va
*18
2%
No par
Pennsylvania RR
:
50
Pennsylvania Salt Mfg Co com—10
3%% conv series A pfd
100
19
20%
20
*24%
6%
Corp
Cement
104%
20%
*19
*27%
Penn Power As Light Co
7
Jan
19%
40'/a
—No par
Coke
&
19%
*39
Gk.s Sand Corp com—No par
5%
110
Mar 28
9%
98%
1
Mar
37
10
86%
Jan
Penn
Apr
17% Jan
Mar 22
Coal
Penn-DWe
21
19
32% Feb
103
Penn
22% Mar 30
5
17% Jan
16%
35 Va
Penney (J C) Co
3
104%
21 Va
100
*17%
18
20
1
Enterprises
&
17%
20%
21 Va
20%
2.50
Peabody Coal Co common
5% conv prior preferred
Penick & Ford
10% Feb
26% Mar 30
108
Mines
20%
No par
Proof
47% Mar 28
3
Mar 25
17% Feb
Patino
21%
20'/a
*2'/a
7%
17%
*104
105%
105%
21
21%
100 %
7%
17%.
*104
1
Co
Transportation
Parmelee
7%
17%
*104
105%
*104
100%
7%
105%
7%
17%
56
99% MOO
17%
8
7%
17%
4
7%
*19
Inc
Park Utah Consolidated
Rust
8%
17%
3%
3%
3%
4
3%
4
8
17%
When issued
28
22
3%
-No par
com.
Park & Tllford inc
18
42% Jan
3%
17,400
14
Jan
27% Jan
900
56 Va
4%
14% Jan
17% Apr
37
38%
56 Va
7
8
4
3%
70
900
38%
39
39
56%
7% Jan
25
39 Va
3%
57'/a
20
Apr
39%
140
3%
*56%
6% Apr
7
39%
*
56%
May
Jun
39%
39
39
*138
3%
3%
55%
Parker
16%
3%
56%
&
Parke Davis «to Co
12 % Mar 22
3%
56
22
10
3%
57
99%
Paramount Pictures
42% Mar 30
3
39%
140
*13«
140
140
139%
3%
3%
*56
*99%
Paraffine
3
25
3%
3%
139%
139
139
140
3%
39%
*
20,000
26% Jan
1
300
*139
1
9%
28% Mar 30
Sep
93%
93%
100
4
2
103%
2,400
13%
3
'
%
91%
9%
18
22
2
91%
*13%
1% Feb
Oct
29 Va
92%
9%
23% Mar
Dec
30%
91%
13%
24% Jan
16%
29%
93'
9 Va
Jun
109%
30
92%
*13%
Jan
Dec
30
9%
30%
27
30 Va
93
13%
33%
Feb
29%
93
9%
Dec
9
29%
93%
*13%
Nov
6 % Mar
29%
93%
No par
Car
Petrol
24 %
Mar
30%
9%
Motor
23%
2
52%
13%
7
24% Feb
Jan
600
52%
Panhandle Prod <te Refining
8
19% Apr
Feb
8
8
19% Mar
52%
Panhandle East Pipe L com—No par
4% preferred
100
20
16
31%
52%
9%
27
May
31%
52%
*13%
102% Jan
28
31%
52%
9%
97% Mar 12
11%
31'%
52%
13%
14
Feb
31%
52%
9%
59% Apr
Dec
31%
52 Va
*13%
5
63/a
31%
52 Va
9%
49 % Jan
18%
31%
52%
13%
Pan-American
May
200
8,000
31%
31%
*52
Shares
20%
9%
3
100
*20
*29%
Pan American Airways Corp
Jan
Oct
21
*20
21
share
*13%
Packard
5
16
92
21
S per
2%
5
10% Apr
Oct
21
*19%
21
*20
Sales tot
\ho Wash
Apr. 29
S per share
share
Transp—5
4% Jan
3
66
5l%
10
8
Feb
31%
Pacific Western Oil Corp
43% Jan 10
11
8
21
25
6% preferred
Pacific Tin Consolidated Corp
1
Jan
46
34%
Apr
4% Jan
$ per share
V
21
S per
Friday
Apr. 28
Apr. 27
Apr. 26
Sper share
No par
12% Feb
11% May
t per share
•
10
Pacific Telep & Teleg common—100
Jun
5% May
Nov
13 % Mar
Apr. 25
23
No par
Corp
Pacific Mills
21%
Dec
8%
5
3% Feb
62% May
Nov
4
143
Jan
Apr
6%
Dec
39%
t
Jan
89
104%
Nov
130
,
29
Mar
Dec
-
Jun
44% July
Dec
89
Apr. 23
54
3
Feb
Monday
Thursday
Wednesday
Tuesday
Suturtay
EXCHANGE
(1899)
HIGH ■ALE PRICES
LOW AND
STOCK
YORK
33% Feb
24
30% Jan
50%
NEW
'
29 %
CHRONICLE
STOCKS
l»|e for Prerlous
Lowest
FINANCIAL
&
17%
17
17%
*16%
17%
*16%
17%
17
17
600
34,000
•
R
7
89
Nov
98 Va
Jun
92% Jan
4
95% Jan
4
24
25%
Dec
34%
Jun
26
Jan
3
29
Jan
19
22%
Feb
x36
July
x23
Apr
27
30% Feb
31
Jan
35
May
30 Va Apr
25
34% Feb
16%
Feb
27% July
36%
Feb
45
31
Feb
39
10
Dec
101
Jan
15 Va
106
19% Feb
24
23% Jan
Apr
x37% Feb
15
43
Jan
Jun
31% Feb
10
36
Jan
10% Jan
3
May
Nov
105
Jan
7
13% Apr
106
11%
8
Dec
18
Dec
17%
14%
Dec
May
11% Jan
13% Feb
18
5% Mar
Jan
Dec
25% May
13% May
Dec
8%
52
25
66
Dec
15% May
Aug
18% Jan
14
4
4
8
Apr 20
50% Mar 21
8% Jan
22
Apr
27
2
9% Jan 24
54% Feb
non-cum
preferred—
7%
Jan
23% Jan
3
Reed Roller Bit CO——;
pfd 3%%
series
83% Feb
12% Jan
Reo
8% Jan
Republic Aviation Corp
2 Va Dec
2% Jan
3
3% Apr
Republic Pictures common
50c
5%
11% May
5% Jan
4
9
$1 convertible preferred
10
Jan
Nov
For footnotes see
page 26.
Apr
7% Apr
77-
Apr 13
11%
12 Va
11%
12
69%
70
70
70
70
8%
8%
8%
8%
95%
95%
95%
95%
95%
95%
*94%
95%
26 Va
26%
26'A
*26 Va
26%
*26
26%
23%
23
8%
95%
*26
26 3A
Motors Inc
1
1
*26
23%
x23
8%
8%
8'/a
600
8%
95%
170
26%
26%
200
•22%
23 Va
♦94'A
233/a
23 Va
23%
23'A
31
30 Va
30%
*30%
30%
30%
30%
*30%
303/4
*30%
20%
20%
20%
20%
20%
20%
20%
20%
20%
42
40
40
*38%
41%
*38%
41%
1,900
303A
20%
20 Va
*20%
23 Va
*30%
*12
*20
11%
*5%
*20
*8%
*51
8%
1
323A
*31
32%
13%
*11%
110%
*110A
1
20%
11%
20%
12 Va
*11%
6%
63A
*5%
20%
19%
20
8%
*8 Va
8%
52%
52%
52%
8%
8%
R%
rr
12%
110%
110%
&
110%
•110 A
19%
19%
19%
♦19%
12'%
*11%
6%
*53A
12
20
12
12
110
200
12%
6%
53/4
53/4
100
900
*53A
6%
19%
19'/a
*19%
20%
*19%
19%
♦19%
19%
*8 Va
8%
8 Va
8 Va
*8 Va
8%
*8%
8%
*51
8 Va
8Va
8
71
7
6%
3
3
8%
53
8'A
*51
8 Va
53
8%
53
8%
*74
53
8%
78%
*52
8%
*74
700
200
40
16,000
78%
8
8
8 Va
77/.
8
7%
7%
7
6%
6%
6%
6%
6%
6%
3
3
3 Va
3
3 Va
8%
87/a
8%
83A
8%
83/4
-
Va
8
78%
3
.
53%
♦74
78'/a
---
20
11%
12
*53A
8
>8%
*11%
*19 %
8%
.
12%
*110 A
7
8%
200
*11%
110 Va
20
6%
2%-
31%
♦llOuj
*74
8%
*30%
13
78 Va
2%
31%
*11%
74
:2%
100
31%
*31%
8 Va
.c
41
13'A
'
110 Va
*20
*39
32
32
600
41%
*39
*ll3/4
13
300
*
32
78%
*74
■
5,600
23
*30'A
*
5
100
50c
25
13
Aug
29%
Feb
12%
69%
8 3/8
*110 ."e
29
99
Dec
6%
Jan
12
69%
*94%
No par
6% Feb 25
Dec
10 Va
10
12%
*39%
13% May
5% May
78%
22
8% Apr
12
69%
8 Va
50
50
5
Remington-Rand common
$4.50 preferred
8%
12 Va
69%
Bros
Reliance Mfg Co common
Conv
12
69%
8%
Inc
50c
Reis (Robt) & Co—
$1.25 div prior preference
10
Reliable Stores Corp
No par
Reeves
12%
70
100
1st preferred
4% non-cum 2nd preferred
Real Silk Hosiery common
4%
19% Apr 28
12Va
70
Radio Corp of America
$3.50 1st preferred
3%
8%
3,700
5,300
,100
2,100
Range Since Jan. 1
Year 1948
Lowest
Highest
$ per
Feb
Oct
21% Apr
21
103
Jan
111% July
96
Apr
Dec
21% May
13
Feb
Feb
4%
Nov
Mar
5%
11% May
5% Feb
33%
Dec
41% Jan
34% Jan
50
Jan
42% Mar
6% Jan
7
Oct
94
Jun
85%. Jan;
Dec
103% Dec
102% Jan
17
Dec
24% May
16% Apr
14
15%
Jan
49
Jun
24% Jan
Dec
28
Jun
18 % Feb
23
4% Mar
7% May
4%
Sep
6%
Feb
12
19%
Feb
29% July
•'
38% Apr
Preferred
3.60%
series!
Mar 25
Preferred
4.50%
series..
19% Jan
13
23 *
5 Mi Jan
10% Jan
72
May
39% Apr
25
55 V* Jan
Jan
8,% Jan
3
5%
34%
34%
35 Ma
35%
34%
:
35
43
*42%
*87%
89%
105 y2
105%
105%
105%
44%
43
7
44
89%
105%
> 105% 105%
106
19
16%
16%
35 Ma
37
18%
18%
4%
*4%
4%
900
8%
8%
8 Ma
3,700
24%
*23%
'4%
4M»
*4%
4%
4%
4%
*4%">
8%
8%
8%
8%
8%
8%
8%
8 Va
24%
!'23%
24%
*23%
24%
*23Mi
25%
*23%
39%
*39%
97
*96%
—2
!
*.
Ruberoid Co (The)—
12% Mar 12
'
Ruppert
No par
5
;
38%
38%
39%
39
39
97
97
97
97%
20
26%
26%
26%
26%
26%
26%
2,500
17%
16%
17M4
*167/a
17
17
17
41%
41%
41%
41%
41%
11%
*10'%
11
10%
10%
26%
17
17
39%
40%
11%
.*10%
24
*16%
26%
40%
40M4>
5
1,000
263/8
39 Va
*96%
263
•
*16%
,
.
17
26
l
(Jacob)
97
1,000
60.3U0
•
26 Mb
40
97
39%
40
550
19
4M>
40
,20
300
106
16%
4%
,*96
105%
36
8%
.'•
5,800
45
.89%
16%
36%
16%
19 Va
*
39 Va
35%
16%
35%
17
36%
*43 Ma
106
*18%
:*23
90
1200
35%
*l8Vaf
16%
16%
35 y4-
43 Ma
18%
:_20
4,700
5%
34%
89 Ma
*88
16%
preferred—„—225
5%
5%
43 Ma
*42 Mi
*88
44
89%
preferred series.A_!__r_„J100
6,300
21
102
35
36%
4%
8
18%
Dec
8% Dec
5%
35%
18%
Rohm & Haas Co common,
3
54
5%
343/4
5%
16%
conv
130
5%
5%
21
102
21V*
103
35
4%%
2,100
93
"
*87%
Controls com__l
700
13%
93
5%
21
*102
18M2
1
P——No par
Royal Typewriter
18% Feb
Mar
5%
5%
5%
*105!/4
Corp——J—No'par
Ronson Art Metal Wks Inc
20
17
5%
5%
22%
102%
22
102%
17
Oil
Apr 20
Apr 28
27% Apr 12
4.
5%
:
5%
97%
13%
"
1 93
93
95%
Roan Antelope Copper Mines.!-...,—
41,
27% May
24% Nov
X96
37 y4
3
21,
Jan
16% Apr
15% Mar
98 V4
13%* 13%
•..*18V4
97
•
27,600
98 Va
13%
Robertshaw-Fulton
7
,
22%
94
102
89 '
.;
22
'
5%
34%
22%
13%
22%
102
,*87%.
7*43
Shares
22 Ma
100
100
97 %
22
22%
103
*102
103'
*5%
5%
share
23
i *16%
t
35%,
Richfield
Jan 12
25 Va Jan
5%
13%
*95%
5%
96 y4
21%
21%
*102
10
Rheem Manufacturing Co—
Ritter Company.!.
5
<
!—
96%
99%
13%
5 per
22%
22%
Salea for
the Week
$ per share
$ per share
share
Friday
Apr. 2&
Apr. 28
Apr. 27
99
13%
Thursday
Wednesday
22 Va
101
13 %
5M4
20%
V
*99%
*
96y4
5M4i
.
—100
Common
13%
*95
100
21
29
21
5
31
;
1
96% Apr
Jan
37 y4 Apr
•
4
Feb
22
25
7*99%
7,
$ per
22%
22%
22%
101
13%
HIGH SALE PRICES
Apr. 2(i
$ per share
share
per
22
——1
B
10
Jan
107
8% Mar 25
July
Reynolds Spring
Reynolds (R J) Tob class
90
3
17 V4
6
Jan
45 s'
<
3
4
103%
3
37
3
Dec
,
80
18
26
103% Feb
7
43
5
Jan
'] $
Par
"
,
Apr. 23
V
Monday, May 2, 1949
Tuesday
Monday
Apr. 25
Saturday
.1
com!—No par
6% conv prior pfd series A—100
Revere Copper & Brass com__No par
5%% preferred
—100
Rexall Drug Inc
,
2.50
Reynolds Metals. Co com—,__No par
5Mi% convertible preferred,.—100
12
5% Apr
;
.
Republic- Steel Corp
31
23
8
Feb, 25
99
104% Jan
Dec
92
Jan
99% Jan
8
19% Feb
7 •
16% Jan
110
4% Mar 23
8
May
29% Apr
Dec
19 %
Mar
93
Oct
'•:;
$ per share
5
82%
EXCHANGE
.
27% Jan
:»
29
15
102
LOW AND
STOCK
YORK
NEW
Highest
$ per share
share
33%
$ per share
22%
CHRONICLE
STOCKS
Range for Prevlona
Lowest
FINANCIAL
&
COMMERCIAL
THE
(1900)
*10 Mi
11%
41
*10%
*97
*40%
1,900
400
41%
2,800
10
400
22
10
19,200
s
16 % Jan
3
109% Apr
27
113% Feb
16
36%. Apr. 25
48% Jan
3
21% Jan
10%
Dec
107%
39%
Sep
Feb
8%
Feb
32%
Feb
16% July
48% May
87
Jan
139% May
98;
Jun
87:
113
61% Jun
Jan
58
8
Feb
79
101
•
Feb
8%
Jun
Feb
51
Nov
95
93% Apr
12
Dec
15% Jun
Oct
87
'
79
13%
Feb
Feb 16
Jan
91
•
-
Jan
7
5%
85 V*
12 Mi Jan
7
30 Mi Jan
12 *
21
46% Jan 1
6
92
8
Apr
53 Mi
x96
'■
84% Apr 28
12% Jan. 3
83
Apr
26% July
Jan
14% Feb
Jan
13
86
11
<
7,,
18%. Jan
62 %
Jun
49% Mar
4 '
55
15%
Feb
20 Ya
Jun
16% Jan
4
19% Mar 18
35%
Feb
36 y* Feb
7
46
Mar
59% May
8% Ocfc
5% Jan
27
31%
Feb
43% Nov
341/4 Feb
15
9%
Dec
12 % July
x9% Mar
5
5%
Dec
8% May
9% Dec
94
Feb
104
7% Apr
Jan
87
Apr
24% Nov
36% Jun
27
46%
Feb
Jan
11 '
5%
7
Servel Inc
28
101 Mi Feb
31
Mar
5
3
22;;
37% Jan
7
,
7
5
10-
11% Apr
8
14% Feb 10
Sheaffer
39 y4 Jan
Shell Union
29% Mar 31
Feb?!5
Jan
3
Apr 25 ;
6
Mar IX
21
Apr
5
Sharp & Dohme
$ per share
18%
.
43%
44 y2
43%
5
1
36
Dec
44
3
May
34
Jan
15
Feb
T1
i
.
:
1
No par
*,No par
No par
G)
i
Oil
YORK
Silver
King Coalition Mines
24
Sinclair Oil
Simmons
Co
i.
Corp
99
Feb
14
•127% Jan
18
% Feb
8
2iy4 Jan
Sloss-Sheffield Steel & Iron—
Feb
7
25
Smith
39%
Jun
23% Apr 21
84% Jan 17
90
Apr
91
Sep
98
July
15%
Dec
26
Jun
14%
Feb
96
Nov
23
95 % Jan
3
Feb
11
15
15
Feb
104% Jun
3% Nov
Jun
99
5
5% Mar
8% Oct
24
17% Jan
Mar
7
100% Jan
3
7M» Jan
39
Feb
45% Aug
40
52
Jun
60
53% Mar
11%
Nov
16% Jan
Oct
Mar
11% Feb
13
1
3
57 y4
36'/a Mar
44
Aug
26% Feb
26
36
42%
Jan
3&ya Jan
7
;
Dec
25% Mar
30% July
29% Jan
5
20%
Feb
3
Feb
30% July
62% July
28% Jan
43%
33%
Feb
50% Jun
58%
Feb
70
X39% Feb
32
Apr
50% Feb
July
65%
Dec
73
12%
Dec
20% May
7% Jun
4
Jan
63
-
7
24
39% Jan
40-
15
Apr 27
14 V8 Apr
26
10
Feb
18
32% Apr 18
33% Mar 4
Socony Vacuum Oil Co Inc—
Solvay American Corp 4%
South
South
Carolina
5%
&
preferred
5%%
South
8%
preferred
Southern
California
Feb
30% Jun
24% Feb
24
29% Mar 30
Dec
14
7 % Jan
3
10 VB Mar 31
5%
72
Jan
Apr 25
24% Jan
7
non-cum
Co.:
(AG)
56% Feb
11
Jun
36% Feb
8
69%
Feb
92% Jun
67% Jan
8
42% Mar 14
65% Feb
7
74 M4 Jan
7
22% Feb
25
26% Jan
7
23% Nov
35
89
Oct
97% Jun
97
Jan
4
11%
Feb
15%
14
Feb
25
38
Feb
16% Jan 18
43% May
41% May
41% Feb
17
44
Jun
Oct
31 Ma Feb
100.
Mar 10
Jan
38% Jan
24
7
11% Mar
15 ya
May
10% Feb
13
32% Mar
39M4 Jun
35% Jan
39% Mar 30
Feb
97
Jun
94
Jan
23%
Dec
36% May
24
y4 Jan
12%
Feb
16% May
12
Feb
9%
Dec
18
Jan
15
Dec
20
Jan
11%
Jan
16% Mar
6%
91%
Nov
Dec
50% Mar
113%
Jan
9%
Feb
15y4 Jan
14
3
4
Jan
18
27
28% Feb 18
14% Jan
7
12% Apr
13
17% Mar 14
18% July
12% Feb
25
16 y4
29 V4
16% Feb
10
21% Jan
7
6 Mi Feb
7
7% Jan
18
11 ya
Jun
Jan
98% May
70% Nov
120
July
15% May
17%
Dec
21%
18%
Dec
26 Ma
34% Mar
9ya Jan
100
Jan
43
90
Jan
8
52 % Feb
10
117
94
Feb
61
Apr 13
Jan
17
x9 % Feb
24
Jun
15% Apr
29
Jun
xl7 y4 Feb
24
July
36 y4 Feb
14
42 V4
Apr 20
119 V4
26
Apr 14
1,100
34%
5,300
5%
5%
900
;
3 MB
23%
23%
3%
23%
*34 Va
35
*34%
II6M1
*113%
116%
116%
117
*115 Ma
19%
19%
19%
19%
*21%
213/4
21%
21%
*3 -
r
Shares
3 Ma
2,700
3%
35
*34 Ma
22 Ma
117
22%
22 Va
22%
Xll3%
23 7
1,400
23
23
23 Ma
35
*34'/a
Sale* for
the Week
$ per share
3%
23 %
35
22%
Friday
Apr. 29
$ per share
$ per share
7
23
113%
113%
113%
29,100
700
197/a
19%
18%
18%
600
20%
21 Ma
20%
20%
1,200
25
21%
19%
21%
*19
24%
24%
24%
24%
400
86
86
24V4
.
*24%
87
*86
87
86
86
*86
98Mi
*97 %
98%
*97%
98 %
97 VA
97'A
*97 %
99
*97 y4
99
15%
15%
15 Va
15 Va
*15%
16'/4
*15%
16%
*15%
16%
200
16Mb
27,200
16
16 Ma
V 25
*24 V4
86
16%
16%
16%
16%.
99 Ma
*98%
99 Ma
99%,
4V'a
4
V.1 4
8.
8
7%
8
8
8
*43 v
16%
16%
7
'
8Mb
*41%
44
*41 Ma
56 Va
756%
56%
57
57>/4
16 Ma
13%
13%
14'/a
14
29%
29%
30
30
30
44
8Mb
7*43
43
57 7
14
100
2,100
11,100
8y8
8Mb
57 Va
70
4
*3%
46
> 100
99%
*99%
4'
i
200
43
"
*29
*56
13%
*29%
14
,
29%
*29 Ma
57
700
14
2,500
600
29%
*37
3i.
31M4
7,000
32%
32%
6,700
40'/4
40%
:
32%
33 y4
40%
40%
41
41%
41%
40 Ma
41
40.
•40 Ma
7,300
32%.
32%
32%
33%
33
33%
32%
33%
32
32 Va
9,900
52
51%
51%
52
52
52
52
51%
51%
65
*62%
65
*62 Ma
65 \
*62%
11%
11%
*10%
11%
*11
11%
*11
4%
4%
*4V8
4%
52
*51
,*62Mi
65
*62 %
11
*
U-
*4%
4%
4%
4%
*4
4%
*4%
4%
72
*69
•
72
'■
72
*70%
73
4%
4%
*4
4%
4%
*70%
*4
7
65
*62
11%
*11
*4%
4
*4%
73
*70% *
Mi
73
*22
22%
*22%
22%
*22%
22%
21%
22%
*21%
,7 27
26 Va
26%
26%
26%
26%
26%
26 1
8 y4
8%
:.V6%
8%
8%
8%
8%
69%
No par
;
-
5
21%
200
22
25%
600
25%
8%
4,200
'
8%
8%
69 Ma
70
70%
70%
70%
71%'
71%
71%
71%
70
15 y8
15%
15%
15%
15%
16 '
15%
15%
15%
15%
3,500
27
27
27%
28
28%
28%
28
28
28
1,500
102
101%
101%
102'/a
17%
17%
17%
*100%
101 Va
*100%
717%
17%
17%
*85%"
85%
25
4Va
'
com—No par
par
700
4%
16
*27
No par
11%
27%
69%*
15%
1
300
73
26%
8 Mi
900
65
*70%
22%
27 y4
.
Ma
4%
1
8%
800
38
40%
"*50%
*
*37
1
Indiana
•16
16%
99 Mi
8 7
,
14 y8
43
87%
3%,
57 %
13%
30
*37
43
13 Va
t
*99
4 *
3%
8
,
99%
*99
56 %
No par
of
*
•
46
**53%'
_2
common
.
16%
99V4
4
100
;
Inc
86
4 Ma
.
*24%
25
4
27%
26%
120
*118
130
130
63%
63 %
f- 40 Ma- 40'/a
85%
*69
102
*101
17%
17%
86%
26%
121
*130%
132
86%
27
*118%
63%
39%
25%
*118
17%
86%
26%
86%
87%
87
*27%
102 Vs
17%'
*101%
:
26%
119%
119%
113
131
131%
131%
64 Va
131%
63%
63%
40%
63%
64
40%
12,500
87 Ma
270
26%
14,900
119%
131%
131%
63%
130'2
64%,
17%
25 %
131 y4
*86%
118
25%
110
102-
*116%
87
25%
120
•17 y4
3,600
25%
-
63%
39%
200
1,200
6,000
64
40 Ma
39%
40%
Standard
40%
Oil
of
39%
67%
68
67%
68%
67%
68%
67%
68%
671/4
40 y2
68
Standard
67%
68
17,900
Oil
of
24
24.%
24
24
24
24 y8
24%
24%
24%
24%
24%
243/s
13,300
*97%
98%
;
•.
New Jersey
25
Ohio common
10
3%% preferred series A—
100
Standard Steel Spring common
1
4%
convertible preferred
Starrett Co (The) L S^
Sterchi
Bros
Stores
Sterling Drug Inc
3%%
Stevens
Oil
Co
Class A 4%%
.
100
*95
98
*95
25%
12%
25%
25 Va
25''a
*12%
12%
12%
11%
*16%
11%
11%
11%
15%
15%
15%
1
I8M1
18%
18%
'
' *25%
12Ma
1
*7
1
'
17
7%
par
*92%
95
No pai
*60Mi
61
10C
*118V4
119
ya'
4%%
preferred
series
A
2C
*16
16 y8
preferred
series
B
2r
*18
18%
*41 y2
42
12 5'
,,
10%
98
*95
98
Ma¬
£.400
.
4200
15 Ma
42%
100
33
33
*32 %
11%
11 y8
*11%
11%
600
391/4
,
39 %
39%
39 y4
4,000
*95
99
*95
98
*•'
.
25%
l23/8
25%
25%
25%
25%
25%
25%
3,500
12 Va
12%
12 y8
121/4
12 Ma
12 y8
1,500
11%
11%
11%
11%
11%
11 %
11%
11%
2,4C0
17
17
17
*16%
17
16%,
16%
16'/a
16%
15%
15%
15%
16
15%
16
15%
153/4
18%
18%
15%
19%
18 3/4
19%
18%
18%
18 Ma
19
7
118%
10
*95
15%
*41 Mi
7
7
95
*92
95
6%
7
6%.
6%
6%
93%
*92
933/4
*92
60%
60
4Mb %
10%
7
*92%
7
]
98
*16%,
13
Inc.*,/
39%
39 V*
19% Jan
Biscuits
39%
39
17% Jan
Sunshine
*32 Ma
11%
39%,
_20
common
33
39
*
No par
pfd
*32 Ma
Xll%
11
8
Sunray Oil Corp
42%
33
11
32 %
15
preferred——No
42%
*
5
common
153/8
11%
39,
prior preferred..
98%
151/4.
*41 Ma
32%
39
Studebaker Corp fThe)—
Sun Chemical Corp common
*97%
15%
42%
U%r
uy4
common
99'
15%
*41%
32%
33%
ny4
*98
15%
15%
*41%
*32%
Corp
99
15 Va
42%
*
& Co Inc—
$4.50 series A
*97%
15%
*41%
.-
—5
99
15.%
42%
___j
Stone & Webster
Sun
*97%
99.
*15 M4
No par
Inc
common
Stokley-Van Camp Inc
5%
*97%
Ma
'*41 Mi
50
preferred
(J P)
Stewart-Warner
?
11% Jan
Apr 12
1
22%
1
preferred
—
Brands
Oil
12%
34%
•
Apr. 28
Apr. 27
3%
23%
23%
12%
'
'•
Thursday
Wednesday
r»1
23%
" *98%*
1
preferred
Standard
5%
32%
134
Jun
3%
35
.
37%
4
73
23 Ma
*34
$ per share
3%
5%
500
500
AND HIGH SALE PRICES
Apr; 2(1 V
$ per share
34%
9 Va
31 Ma
Jan
53
34%
5%
12%
34%
5V'2
Tuesday
/
Apr. 35
3»/a"
12%
•;
■/
22%
*15V4
Standard G & E Co $4 pref—No
par
$6 prior preferred
No par
$7 prior preferred—
No par
Standard Oil of California
No
Feb
Monday
h.
100
preferred
$3.50
712Va
34%
,
3,600
7
9Ma
32%
28 %
Jan
80
37'/a
121
$4.50
*12 7
•
31 Vb
3
36%
26'/a
80
9%
32%
3
Conv
80-
*9Vt
38
20
54 %
26 V
26 y4
26
*79.%
31'/a
98 y» Jan
109
>
7
31 Ma
18 ya Jan
Oct
9%
32
Jun
Feb
79%
37%
27% May
97%
7j ;
35
23Mb'
No par
;
& Bros Inc
Squibb (E R) & Sons
$4
26 Mi
9,V4
'
3%
*86'
common—No par
preferred
Mobile & Ohio stock tr ctfs
Squar- D Co
,
32 Ma
Standard
Apr 18
Apr 21
Apr 19
9%
3 1Mb
21% Jan 10
88% Jan
6
Oct
9M4
3,600
37%
25
88
■
9%
3,000
'
31 Ma
17% Apr
83% Jan
Nov
9M8
;
32
103% Mar 17
Jun
26%
793/4
30
32%
13
36%
18°,
500
297/a
29%
*29%
:
30 Mj
31
Apr
100
28
,
37%
16% Apr
6
28% Apr 27
121
80
29%
88%
*86
30 Ma
29%
v
31%
71 Mi Apr
91%
26 Mi
80, V
31%
31
7
109%
26%
30
3Q3/4
f
37%
5
Feb
26%
80
.
7
5,100
31%
5
Nov
26 3/4
31%
8
77/a
87
87
29%
30%
30 M2
89
*87
89
30 Ma
■t
400
57/a
*5%
i
8Mb
,
38%
14% Feb
17%
31%
8
32 y4
23% Feb
86
*87
30
30 y4
8'/a
32 Va
64
29%
89 "
30
5%
a
31 Ms
29% Jan
Oct
*87
•7:
8%
8
'
Feb
Dec
5%
8%
16,600
10
*
21% Aug
79%
*5%
*5%
5%
'
300
•
37
,
25
May
74
May
23% May
Jan
3V4:
5 *97V4
No par
7%
19%
*5%
:
5%
No par
■20%
Jan
5%
8 Ma
8
7.50
Edison
Southern Natural Gas Co.:
$5.5o preferred
Spencer Kellogg & Sons
Sperry Corp (The)
Spiegel Inc common,.
7
104
*5%
'8%
12%
**29Mi
Sparks Withington—
Spear & Co common......
Feb
Nov
*9%
34%
Sugar com_No par
L—
i
!.25
Porto Rico
7
21
95
36%
9%
*5%
13Mi
7
29% Jan
15%
37%
9%
12%
5
5;
Dec
61% Mar
*7%
37'/a
10
7%
5,300
8
*7 Ma
7%
37%
10
9M4
9V4
24y4
i__—50
6 Ma Jan
24
Mar 22
500
1,400
-18
43%
37
34%
50
conv1 preferred,1,!
Spalding
Jan
43
7%
23%
,15
7
68
44
10
•'*19%
19%
* 21%* *21 Mi
pfd—100
Southeastern Greyhound Lines
Pacific
Jan
441/4
43%
37%
5 Ma
*
Railway
73
43%
3,200
50%
17%
*9%
12%
E & G Co.com-4.50
Southern
■'
18
—
15%
y8
51 Ma
18
-.''•L—i.
85
50%
51%
'.
37 Ma.
343/4
7
Southern
•"
'15
:
15% •15%
.
18%
*
5%
Platinum—,^_1
7
Dec
44
7
*7%.
'
Amer Gold
7
Feb
22
3%%
26
Vi Feb 25
!
4.20% ' preferred
_!
—'100
Smith & Corona TypewritersiNo par
Jan
13% Jan
16
51%
*18
1,100
/
'
Jan
21
,
12
Sons Carpet Co com—20
preferred
I
.100
61
9
7
44
34%
Smith (A) &
41
Aug
4
Cpi'P—
49% Jan
66% Feb
18%
7%
v
*112%
15
O)
24
4
4
Co
(A
29
63
8% May
Oil
24
Mar 30
10% Apr
8
4% Apr 16
8Va Mar 12
44 Ya Feb
24
3
17 Ma Jan
3% Jan>
May
;
88 Ma Feb
100% Mar 25
-
*50%,
51%
5%
f
„10
Skelly
31% Jan 24
*84Va
,
:'7> 15%
*84 '/a
85
*84 Ma
,
5%
8Va
*33%
:_20
20
"
,
.85
9%
'**23%* 24%
^No par
Jun
Dec
.
12%
No par.
25% Oct
Dec
3,000
35V8
•'
_No par
1
35%
27%
12%
38V4
$ per share
5
Deo
80
12%
*"
11
Jan
12%
5%
;
Par
Feb
Jun
12%
*50%.
LOW
Feb
160
12%
9%
Apr. 23
18
:
12%
7%
Saturday
Simonds Saw & Steel
Jan
40
13 Ma
-34%
*
,,1
STOCK
19 % Feb
32% Jun
85%
'■
!;••"
37%
*5%
EXCHANGE
36% Jan
7
95 Ma
*84%
*11%
15
__1
Corp of America
'
4% Jan 12
*93%
84%
li si v./,:.
5t. ;
.
7%
*79%.- 81
;
.Nopal
(W A). Pen Co
22%, Feb 25
31% Feb 25
27M4Jan
53 Ma
95%
84%
50 Ma 750%
97/a
*87
89
**30M4" 30%
-29% . 30y4
**26%' 26%
—1
.No par
$ per share
Mar 22
51%
*93%
'18 Ma
'
•
4,800
38V4
*7%'
38,.
**9%
,_5
92%
23
1
1,500
25%'
85 Va
16
44%.
.No par
common,
(Frank
NEW
Highest
$ per share
7% May
Dpc
Dec
51
18 %
tiiy8
95%
15%.
51
130
11'/a
25%
85%
85
15%
85%
85
,
/
*93%
*84 Ma
85
,
15%
18 Ma
'
3%
*84%
15y2
4,800
86 Vt
13
5iy2
pref series A
conv
Sheraton
Range Since Jan. 1
Lowest
Highest
25
85
'
.
93%
*85%
STOCKS
*
Year 1948
J per share
13 %
11%
11%
25% i257/a
.
*
$3.50
Shattuck
Bange for Previous
Lowest
86 y4
18 Va
L—.
$4.50 preferred
-.
Shamrock Oil & Gas
Sharon Steel Corp
8% Feb
5
50%: /
4
!
common
Dec
31
50. Ma
*93%
No par
Seiberling Rubber Co
7
Jun
7% Jan
50 %
12%
15M2
."**50%*
.100
1
;
6 M2 Jan
15% Jan
46% Jun
11
25,% f'25%
7%
7%
85Ma.
*85
,
11%
11 Va
*83%
140
91%
*88
7%
7%
,85%
11 y4
25%
13
f/,7
'
*93% V 95 Va
86 V*
2,600
100
99%
91%
13,600
"
40 Ma
40
:
101 y4
*88
7%
25%
__1
Seagrave Corp
79
Dec
series A
,Sears Roebuck & Co——:
Seeger Refrigerator Co
27%
Feb
*84'/a
7
Dec
4%
*5oy8
95y2
t c__No par
8
Feb
28%
50%
*93%
41 -:r.
100
91%
-
*85
<
40 Ma.
.
■?
*10%
11.-/
10%
'
M» Apr 18
Feb
Oct
'*49%
Seaboard Oil Co of Del
9
14
25%
.100
.
68
Mar
25%
1,800
10%
11 Ma
40%
7%
85 y2
*85
";
;
*10%
430
37 Va
10 Ma
103 '*
'
11
rt
10 %
-
39%
7%
110 v*
36%
'
17%
12
85
85
85%
25%
No par
39% Jan
11% Jan
.80
"
*85 Mi
11%. Jan
4
*85
:*12%
1
1Q<
7%
21%
*109%
37
11 Va
'
*88
22 Ma
110%
36%
'
10%
Seaboard Finance Co,:.—
28% Apr
22% Jan
77
! Feb
Oct
7%
•
23%
preferred
preferred
7%
7%
J.75
(The) common,,5
1
7
.
—100
100
29
Jan
30
,
8
'
8
5% Mar
14% Jun
Jan
7.7%
*88
'91%'
*88
/
37%
*101 «/4
103 / ' ;
91%
21%
110
10%
10%..
39%
39%
*101 y4
104-7
—_,_j._5
com v
10 y2
i
38%
38%
■ioiy4
,
91%
*88
—____No par
Seaboard Air Line
7
? Feb
44
series A
Elco Co
3.35%
39 V4
< 109%
V 37
37
110 '/4
22'/a
2l3/4
21%
no
*36%
10%.
10%
10 Va
39V4
20%
110
36%
"
5
Mfg Co 3.65%'pfd__
Scranton
20%
110
36 Va
"
Corp
$3.40 preferred
20
Feb
4.40%
Arms
20%
109%
36%
*101M4V 104
,—100
common.-.
36 V2
10 Ms
■
Co—,100
Schenley Industries Inc..
Scott. Paper Co common,:
Scovill
8
14i, Jan
5
Savage
Apr 29
91% Mar
Regis Paper Co
1st pfd
Apr 29
11
20%
110
110
10
__
preferred
non-cum
'
St
20%
100
•
'St L-San F Ry C6 com V t C—No par
Preferred series A 5% v tc__ilOO
19
9% Jan
1
common,
preferred'
Joseph Lead
St Louis Southwestern Ry
25
10 y8 Mar 19-
Jan
Nov
42% Jan 26
122
5%
St
12% Jan 25
7
.25% Apr
May
88
Safeway Stores
'
80% Jan... 5
15% Aug
39% Mar
Apr
7% Apr 21
35% May
87%
.'
24
36j% Mar 22
13% May
91% May
25.% Mar
Feb
8
22% Apr 27
60%
60%
60 Va
60 ¥a
60
60 y8
60
118%
*118%
119%
*118M4
U9%
10%
*92
*118/4
119 %
6%
933/4
60
460
4,600
16,500
1,900
—
-
4,400
118%, 118%
20
10 y8
8,200
ioy8
10%
10 y8
10%
10
10 y8
16
16%
16 y8
16%
16%
16 y8
16 y8
153/4
16
*17%
is y4
18
18
is y4
18M4
18
18
18%
18%
1,200
41%
42%
42
42
413/4
41%
41%
41%
41%
41%
2,160
le
10%
9,000
THE
Number 4799
169
Volume
COMMERCIAL
Range Since Jan. 1
Year 1948
9
Lowest
Highest
235
Jun
139
10% Apr
26
19%
Jun
11% Apr
31
Dec
44%
Jun
31
16%
Par
14
Sunshine Mining Co
Jan
11
Superior
Oil
12
Superior
Steel
168
22
Dec
Mar 16
36
Jan
7
(The).-4.16%
Jan
7% Feb
25
9% Apr
26
Sweets Co.of America
Dec
36% Jan
28% Jan
4
32% Jan
25
Swift •&
Swift
83A
Dec
22
Jan
8% Jan
3
12
Feb
21
Feb
26
Jun
20% Feb
7
24% Jan
7
Dec
91
Aug
Jan
7
89
2
82
4% Mar
7% May
4% Feb
24
9'/4 Mar
11% May
16% Feb
8
3 % Apr
Mar
International
5% Jan
7
Symington
10% Mar
7
Talcott Inc
27
4% Jan
7
Telautograph
1
17 % Jan
7
Tennessee
55
Jan
7
Texas
17% Jan
7
Texas Gulf
145%
12%
11%
11%
11 %
11%
*11%
11%
11%
11%
33
33
33
32%
32%
33%
33%
*32%
33%
T
V
9%
9%
9'/8
9y8
29%
29%
29%
29%
103/s
10%
10 %
10%
10%
103/8
10%
10%
21%
21%
21%
21%
21%
22
21%
21%
84 y2
84%
84
84
*83%
10%
10%
213/4
*82%
84%
*82%
84%
1
4%
4%
4 '/4
4%
4%
4%
4%
10 %
10%
103%
4%
Dec
5%
Jun
19% May
xl5% Mar
52
Nov
67
15'A
Nov
25 y2 May
13% Feb
5
47
Feb
71 y4
58
Jan
4
Jun
10
Feb
49
•
Nov
25
29
Feb
48%
45%
Dec
65% Mar,
10%
Dec
20% May
xl4%
Dec
24
5y4
Dee
14%
25 y4
Dec
46%, Jan
19
12%
Apr
5y4
Dec
34%
Dec
v
48
Apr 25
8
46
Jan
Feb
28
11 % Jan
24
Jail
Dec
13 >%
Apr}
24
Jun
-
10%.
Oct
Feb
59 %
May'(t
85/
Feb
95%
Jun i
10%, Jail
1% Mar
39% Apr
84% Apr
:
31%
32'%" Jun,
95 y2
Jan
104'% July4
23% May
Mar
?
*10'%
3%
*3%
3'/4
3%
3'%
3%
3%
*3 %
15%
153/4
15%
153A
15%
15%
15%
15%
15%
15 3
a
1.000
53 %
53 y4
53
533/8
54
53%
54 Vk
533 4
54%
53 %
53%
11,400
29 % Jan
8
25% Jau
16
Apr
4
Dec
13%
Jan
10
Jan
22% Mar
10
Jan
19
4
23% Apr
14% Apr 28
Feb
6% Feb
12
10
19'% Aug
25% Mar
10% Apr
21
19% Jan
3
17% July
Dec
.'"92
Jan
4%
13
14y4
jan.
Dec
9%
39
'?■:
Dec
12
Dec1
"
Feb
5 % Feb
59%, Jun
9% Mar
;
16Ya Jun'
27%
Feb
Nov
43% Nov
Oct
103
v 91'L80
110
7% Mar
Nov
90
.-Jan
12% Apr
preferred—
111
6
13
Apr(
Jan
94
,
Un El Co of Mb
Preferred- $3.70
13
Mar 31
92
7
48
51% Feb
'.i- Preferred
31% Apr ,5.
89 % Jan' 21
>
•
16
Mar 28
•4%
15
36% Jan
*36
4ya
*«
8%
40
V: "■
•
1948 v
Year.
Lowest
f
-/. Range Since Jan. 1/
Highest
.
1
Lowest
.
Highest
:
£ per share,
;
22%
103'A Nov
>
A per share
Dec
9%
Nov
"
Nov
:57%
19
-
41
*86
36
■,«
Nov
.2%
-A
16%. Feb
■
'
J
Feb
A 11%
1
:
4
51
j
Jan
Feb
16
Apr.
48
2%
*2%
2%
25%
24
24'A
24'A
24%
700
22%
21%.
22'A
21%
22 'A
7,700
104'/»
*103%
104%
103 y2
103%
104
104%
16%
16
11%
11%
15%
*141/4
10%
..103/4
16%.
16,%
16%
16
16%
5,200
41
40j,'2
40%
40'A
40%
3,600
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34%
*33'A
34.-
100%
100 '/a
7%.
100%
Dec
Apr
22'
.
7
Jan
7
22% Jan
.
£39% Jan
7.;;
54% Mar
29
18 Va Feb 24
21% May
5% Jan
65
•
12% Jan
9% Mar 23:
■
34
*5%
9%
41%
12 %
25%
25%
37'/4
"
16% Feb
32% May ]
..
'Feb;
18% Feb
Jun
101
V
92%
f
Feb
Mar
23
Jan
25%
100'A
*100
Feb
Jan
8
■■
Feb
166% Nov
„
-
Jun'
113%
*
Dec>
8
24% May]
;
•
V!7,% Mayl
•••
96'•
" Juni
-179
175
t'
104% Jan
Apr 29
Jan
182
10
7% Mar 25
,
"
Dec
4%
;;
Dec
19%
Dec
17%
Dec
76
8%
Jan
27
28
Mar
Jan,
16
Mar
96
♦87%
89 %
88%,:
109
Jan.
11% Jan
Leather/Co
16
3
Apr
7
•
Dec
U
32
31 Va
31%
31'A
31%
31%
31 Va
Monday
Apr. 85
Apr. 23
•
')
;
4% %
*4
"
67% Mar
3
78% Jan
26
21% Apr
4
*
Nov
42% May,
6% May
;
% Mar
/. 8%. Dec
Dec
2%
Dec
22
;
-
7% Dec
42
Dec
80
5 %
Apr
85% Jan
7
Jan
8
Apr
29
2% Jan
3
4
8
25
*
Jan1
21
Feb
Jun'
15
Apr 22
Jun
3% Feb
25
23%
Jun*
May'
19% Jan
17
170
156
15% May,'.
70
May
Mar
5
Feb
10
43% Jan
3
7.
Mar 29
17% Jan
7
5% Mar 30
22 %
165
_
Apr 26
Feb
1
9% Apr
52% Apr
12
13
conv
49
16,400
20%
21
4,100
.10%
10%
5,600
22%
22%
22%
10%;
"
24
*22
/■:
*22
V'
20%
Feb
21%
Feb
27% Oct.
15% May .
26% May'
For footnotes
Bee
19 % Feb
11
9% Jan
3
21% Apr
21
page 26.
#Van
Van
Jan
22%
*21%,
22
*21%
21%
*20%
21
20%
97
*■95%
21%
21%
21
95%
>05'%
97
*95%
97
95%
100
t*16%
17%
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17%
16%
16%
16
16
98%
97
97'/4,
96
4,400
95%
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96 3/j
97%
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97%
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182
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48
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40
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19%
19
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4%
4%.
4%
4%
4%
18 %
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18%.
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18%
18
18%
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18
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15%
15%
15%
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15%
15%
15 %
15%
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15
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20%
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59
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121'4
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71%.
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10
81
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72%
134
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133%
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3%
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5
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43
5
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15%
4%
4%
4%
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164
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1
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100
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8%
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50
23
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10'/4
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10 y8
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100
20%
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21%
132%
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22
71
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4%
22
21%-
161
164
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.
22%
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22%
164
49%
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50'/a
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43
5%
3%
13234
20%
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5
9%
80
400
56,700
72%
2,400
133
20%
4,600
43
1,100
5
1,300
93/4
200
80
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3%
4,700
25
24%
24%
200
16
*i5y8
16
400
3%
4%
4%
4'/4
22%
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900
4%
22'A
22%
*162
164
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9
8%
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50
*49%
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24%
800
40
164
8%
•
3,900
50
70
24
11,900
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25%
10%
24%
25
24%
24%.
10
10%,
10,%.
10%
22
22%
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132%
72 %
8%
9
8%
49%
50
22%
163
1,000
44
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73%.
9%
15%
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Leaf Tobacco com_No par
53%
71
3%
-
400
81'%
25
•
121%
120%
9%
;
20
6,900
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J
3,000
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45
72 3,a
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82
97/8,
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82
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1,600
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84.
9%
3%
3,000
6%
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18%
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preferred—.——50
...1
£-1
America—No par
Norman Co
2.50
Raalte Co Inc
10
•727a
38%
-
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♦
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/
71
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43
'
,
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4%
43%
121
122
20 y8
21
4% '
: *4%
38%.
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4%
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»
38%
45 V
45
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45 ?•
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10
81
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71
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4%
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70
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70
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20%
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43%
58%
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38%
38»/4
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84
38%
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121% 121%
5o
50
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21
20%
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84
4%
8%
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20%
T
38%
preferred....—25.
preferred
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50
-
Vanadium Corp of
27
24
*21%
23%
•
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Universal Pictures Co Inc com
25% Apr 25
11% Jan 20
23%
95%
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(
9% Dec
*35% -36%
49 y4
48%
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97%
8
/
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23%.
23'%
97%
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,
21
21%
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23%
23%.
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...
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14%
36%
10%
comraon£^.—No par
4%%* preferred
35%
48
Universal-Cyclops Steel Corp
8%
2,100
10»%
Universal Laboratories Inc
Universal
10
16
21%
2d pfd._5
$6
conv
preferred..—,—No par
United Wall Paper Inc common_._2
4%
300
53
16
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10%
United Stores $4.20 non-c
„
36%
16'/8
48,800
.
*19%
& Min com
Stockyards
36'4
53
16
72,800
4%
21%.
Co com....—No par
non-cura
16%
53
46%
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10%
preferred..—.——,—£100
1%
16%
33/8
3'/4
46
4 '/4
No par
preferred
United
28
10% Mar 30
-
'
Feb
3
34
Feb
150
24
8% Jan
43% Feb 16
3
4 % Feb
20
Mar
19
Jun
38% Jan
10%
Feb
4
98 %
)
May'
6% Jun
Dec
16
12%
...
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16
-
3%.
46 y8
4%
21%.
Plywood Corp common—_—1
pfd series A—:
100
S Rubber Co common
10
8% non-cum 1st preferred
100
7%
52
16
:
3 %
45
49%
preferred...-
U S Tobacco
'
*51
52
16%
52
*51
t
4%
5,300
10%.
3%%
27
140% Jan
4
3%
44
21
21
28
4%
800
3
44
3 Ve
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45 %•; ,46%
/
4%
33
49%
Jan
Jan
45 %
200
1,600
323%
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-
10%.
133
18% Jan
.
.'
44
3%/,,
3%
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33
2,400
5%
34%
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50%
21%
29
69
45%
33
,
23%
34
10%.
120% Apr
132% Apr
3%
3%
46%
34%
3%.
3%v
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44
5%
34%
32%,
32%
,
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.
4,900
7i y4
22%
23%.
23%,
'
5%
35,
72
^
22%
5%
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400
12%
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12%.
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7,900
106%
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108
12%
Shares
23'/a
21
26
Oct
.
3%
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share
106%
23%
49 To
Jan
Jan
;.
\
.
the Week
22%
$ per
50%
21 %
10%
43
Jun
3
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35
32%
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/
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.
107
12%;
23
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5%.'
35
.
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/
,
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23'4
Sales for
Friday
Apr. 29
Apr. 28
;
$ per share
1.0'4
29
87%
72
„
;
21 %
37% Apr
19%
;;
50 %
U S
'
1,600.
21.%
1
140%
i
Feb
2,900
1,500
•
INopar
common——
U S Steel Corp
31%
50%
8
7%
*31%
:
88% Feb
,
31
"6,100
49%
21
V-
25% Mar
18
49%
36
29
Mar 17
49%
>
36%
29
72
49 Va
;
'
80
.
36
Apr
46% Apr
30%
78%
31
35%
82
7
,87*
30 3/8
80'A
'
16%
19% Apr
13
150
~70
36-%
44'%
64% Jan
5,300
27,500
*16
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39% Feb
'>
.>• 36%
—10
Apr
23
,
4»/4
.
"/
12%.
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44
.
*4
4'/4
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common
U S Smelting Ref
1,700
16%
-.—20
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com.—.,.5
100
class A
-
32%
3'4
,
*43
52
Pipe & Foundry—^..-..£—20
-
3
3%
3%
Playing Card Co—
72
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45%
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:•
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,„35
*34
3%
U S
58% Jun
*5'%
47%
U S
Jan
700
3,200
...
96
"
31
:
300
36%
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Thursday
Apr. 27
106% 106%
22%
5%
22%.
•
.3%
4
U
.„,:12%.: 13
46%
/
18
,
•:
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107%
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ii;
>ij
25'/a
36%
49
$ per share
24-%.
24%,
i *7Q%. .71%
44
28
49% May
Dec
85%
t.
*43
8% Ap r
137%
129% Mar
1
3
t..
59% Feb
May
/
/ ;.l.
,
Wednesday
S per share
:
106%, 106%
31%
49 % Jan
>
.
v
Apr. 2«
.
24%
24%
34
i.
31%
Tuesday
.•••>,
Sper share
24%
8
.
'•
49%
12
19
80
49%.
Feb
'7% Jan
43
30 '/4 '
803A
49%
52% Jan
37% Nov
4
Co
Lines
S
conv
31
80'A
v
12".
25
87
86'A
'
10
96
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49%
July
63%
37,
Partic &
87%
49%
»
,
no
,
41%
'
107 3/4
108-%
96
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34
t
wi_t— 1
Industrial Chemicals
S
21
•'*
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30%
50
-
94
-
37% Dec
17%
preferred;..
S
U
Jan
108%
*91
30%
17
U
21
108'A
80%
97
7
9
37
30%
20%
14
"
25'A
36%
,
80
*16
preferred.—
4'%%
,
•.
24%
37'%
807/a
*95%
5»/4 Jan
r".
25%
36%
.
■30%
>105%, 107'%
*12%,
13%
*70%.
72%
1 "22%
22%
*5%
5%
No par
21% Jan
9
*9%
12
6
41%
12
79%
37% May
Dec
121
57
29
4
53% July
1 58
,
Dec
86
'
Apr
17% Apr
9% May"
Jan
22%
48
Jan>
9%
41'/a
X107 3/8
*92
4
25 »A
:
100
27»A
*5%
6
9 'A
37%
-96
27 y4
11%:
25%'"
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27%
12-
36%
109%
300
11%.
12'/a
25%
257/a
37'/a
100
7
41 Va
12
"
100'A
'*6%
5%
9%
:
41,
30 »A
24
'
Feb
49
Jun
36;
21%
11% Sep
7% Dec,.
39%
?
42% Jan;
,
.
7,800
*100
41%/"
93i
9%
88'/2
Nopar
"
54 y2
2,300
34%
6^4
5%'
*5y4
42 Va.,
109 Va
$ per. share
Coal. Cos—,—£—5
HoffmarL) Machinery,
S
10 %"
213/4
27 V4
'28
*27%
,
108 %..
Saturday
—100
Gypsum- Co commoh
7%
U
24
10%
*6%
6%.
30%
; ;
Per
Stores
Freight Co
U S
20
Apr 28
8% Jan
*6%.
79%
1st preferred——No par
$4.50
U S
430
'
%/89 %
f
;
,_N0 par
U S & Foreign Securities
14
17% Jan
8
9,600
*34
1003/a
41'A,
'
12%
36%
*100
6
'•/V9%
'
41%
12y8
96
*31%.
Certificates of interest yr
;7
97
'7
16
7
100'A
21%
10%
347/a
50
'
15%
300
rj
21%
*34
79%
:
•
—100
United Paramount Theatres
23% Apr, 18'
11
94
7
10%
21%
10%
2,600
15
"99%
99%
22 y9.
1,600
U%
11%
*14
7ya
99'
30%
*88
*
•'
Engineering & Foundry.;— 5
United Fruit Co..—No par
%
>• United Gas Improvement
United Merch & Mfrs Inc——1
7
7
99%
347%
27%
6
9%
41VA
110%
*92
United
20
.7'A,
'
10%
ll'A
ll'A
11
*34
7
27%
::i
:
'
100'/4
*6%
6
9'A
9%.
*100
273A
273/4
6%
-
7
67/b
7
27%
41'%
*12%.
J
Fastener Corp—No par f
Electric
14'A,
11
*
*109%
Corp—10
preferred—
United
24% Apr, 13:
% Apr 29)
23% Apr, la.
1%
,.>■
;
3
'21% Apr, 16
; 22
89
V
11%
14'A
21%
;
22
34
11%
14%
99
'
10%
21%
uy4.
12
7'%.
'
99%
-10%
-
£
15
67/a
-
■
11'A
12
14%
11%
113/4
-
98'%
103/4
21%
*6%
*27%
■
£ ■
7-
21%
190
16%
40%
*14'4
99%
99'A
103%' 103%
1037/a
16%
11%
98%
103%
200
41'/ V"
11
12
15%
6%
7 -
.
11
11
11
*23/4.
87%
*86
87%
16'/4
41
11%
3
*2%
3
39%
*86
40%
161/4
40 %
41%
'
—U-N.Q par
Cig-Whelan
400
1,300
22'A
37
com—30c
$3.50 convertible preferred-*.—I0o
United Corp common...—1
$3 preference ——»—
5
United Dyewood Corp common—1
Unite
18
24
Apr
Mayi
47 Va Apr
3
Apr.22
35
.23
3
/
•/
Co„;
;Carbon
United-Carr
4k"
8%
39'A
*24%
'
May'
Apr
-
United
18
8'/2
39'A
22 %
*'
common—10
Board & Carton
United
^3% Apr/. 6 J
45% Apn
7 *
3% Apr, 18
10
2% Jan
41
46%: Jun v
58 % May -.
-
Vi
Dec
48
.,18%
41% Feb
vj'.-:
United: Biscuil Co.
12
.
•25%
*14%
•
4Va% .preferred
26
V33% Mar 17-'
9
28%. Jun1
if
37% Jaii <A>
v
3
Jan*
9
"
38% Jan
.
"
82 %
:
7% Jan
26
:;2%Feb
Feb
•
23%. Apr: 26 '
9
.29% Jan
/
(3% May
47% May/
,
Dec
Feb
30% Feb
,.
...
Feb
74
3
19% Feb 16
8%
*2 34
"
87 %
*86
87%
39%
LOW AND HIGH SALE PRICES
STOCK»
Inc
aoo
22%
<
Aircraft! Cofpi common-—5
5% : convertible preferred-t—100
United: Air. Lines
500
*24%
United
14% Mar, 29
5
61% Jan
^5
July;
5£»
Dec/.
4%
July
-
< 5%
*
Feb
60
"/>/'"
4%
17%
'
*8
87%
10
4%
18%
23/4
No par
EXCHANGE.
share r
Mar 24
109
Apr 22
10% Jan
•
23% Oct
;>Dee
x39%
"
Apr'
90% Mar!"
•
Feb
V/ 2 %
"
19 %
*
Feb
,
$ per
26% Mar 30
7
•
15%, Jah"
38% Dec
29
-
106
Dec
27%
-
22% Feb
Jan
>
6%
$ per share
30% May
116% Jun
8'%
37
17%
:
4ya
*3%
U7%.
40
*36
37%
270
22%
"
,-
A
*39%
40
%
24%
J._No par
NEW. YORK
.
*36
18'A
"
)'•'< '
STOCKS
,
37'A.
18'%
,
Range for Previous
/
1,400
5
2%
series.__._N0 par
Tank Car
Union
5
5 y2
5%
22%
V
preferred:———50
npn-cum
500
5%
5%
5%
243/4
3
16%
«
$3-50 series.—/.No par
.California-,---,——25
RR Co- com-£—50
13 '/a
5%
23
1*5%
Union Pacific
273i
*12%
5'A
25%
41
11
•.
Union 'Gil/of
.
'*
X26%
12%
*3%
*7%
8%,;
40
5%
28
12%
*86'/4
22%.
/
pfd $4.50 ser._No par
8
5%
28
<
4
1,100
5%
13
18 y4
4
1,300
28'A
*12%
37%
*18
15%
87%
——1
Co
Union Carbide Ac Carbonh-
t
4
U.
Coach
4
18
8%
*100
City Rap Transit com—Nopar
conv prior preferred
.—50
4
18
4%
18
-
5%
*36
15'/a
*24%
Nopar
Udylite Corp lThe)_£.w——,—1
Underwood Corp
No par
Union/Asbestos. & Rubber Cq__„~5
Union Bag <Sc Paper——__vNo par
6
25% Feb
31
No par
5%
37
37
37%
1-7
98%
10"%
s" 21 'A
(*33%
is.5
13
53/4
500
4,900
15'A
5%
27
*12%
.
27'A
5%
26'%
123/4
26%-
5%
;
5'A
53/8
53/8
*25%
15'/a.
9%
*86%
*2%
*
common——1;
„No par
prior
*15%.
15%
9%
9%
39%
2
preferred
15%
41
*39
4014
1.
No par
conv
Twin
7
Jan
86% Jan
Jun
5
CoaTCo
15%
5%
*104%
.No par
$1.50
7.
42
,
77% Feb'25
41%
preferred——
$6
15%
12%
*8.
Nopar
u
41
9%
«
*39 %
>.
.100
Corp
47
40%
9%
5 %
4%
*17%
i
No par
Axle——.
46%
41'A
9%
12%
*36
„J-_1
.i_—15
preferred——..
Tri-Contincmtal.' Corp
12
Jan
38%. July
Jan
;
<
(The/—
47%.
41'A
10
12%
*
:
10% Mar 17;
46
1
27
t
*
7
6% Jan
96% July
51% July
31%
50
Transit Corp__N,o par
1
46%
41%
10
*5%
V.
Transamerica
5%
31% Jan-
Apr
preferred
conv
473/4
41%
10
15
15
*26 V
46%
42%
*41%
9%
15
*5%
.
10
46%
42%
__1
Detroit
Twin
Feb
7 45% Sep
common
Roller Bearing—!
14
79% NOV
21%
;
17,300
preferred...—
29% Mar 14
8
Jan'
46 %
$4.50
26
94.
Jun
98
Feb
46'A
Transue & Williams Steel'
7;'
Jan
48
45"%
*41
9%
(
Timken
-
28
107.
46
t
100
•
4
10% Feb
Jun
5,400
Transcont'd & Western Air Inc.—_5
36% Apr
.
20 '/a
f
9
3
Jan
1,600
4,000
20
20%
20%
*
Tirnken
4
24% Apr
39% May
37 %
'
40
14'A
63
20 »/a
20th Century Fox Film com—No par
11
8% Feb
Jan
14
62'A
?0Va
Truax-Traer
"3
11
25
„
-
14%
63 %
203/8
,
;
*
'
5%
14%
62%
20 V*
20%
s
100% Mar 29
4% Jan
Jan
14%
64
20'A
15% Jan 13
98 % Jan
32%
14%
63%
20%
4'
22% Apr
34% Mar 29 ;
6
8% May ;
Jun
Mar
102% Jan
32% Jan
100% Jun
Dec
24
Jan'
36'%
14%
64%
20'/a
5
Steel: Co
$3.75
7% Mar 30
11
98% Feb
10% May:
14%
63%
..Nopar
10
Jan
16% Feb
107% July
15
63%
..No par
$3.50 cum preferred-j
13% Mar 30
Nov
147/B
63'%
Tide Water Associated Oil cmn—10
43% Mar 30
19
Nov
Nov
31%
8
Mar 31
105
25
39% Jan
55May';
400
14%
.No par
Co
Avenue
4%
n
3
200
3'A
63%
ThompsonrStarrett Co com._Nopar,
3% Jan.
11
Jan
;f
;
13
Jan
14
103
533/8
-
„
*10%
14%
50c
Thompson A J ..R)—__£___
Thompson, Products com
.
7
25
12% Mar
•'
-
9
89
9%
5%
Mar
9
14
15%
96
6
Thomas
'
Dec
10
Third
Feb
24
Feb
17
8
45% Jan
2% Feb
Nov.
19 y8
10%
10%
*3y8
1
—
div
$2%
7 •?
Jan
7% Jan
20
29'
,
'
40
37% Jan
20% Feb
4% Jan
19% Mar
Thermoid
23'
7% Feb
7
*10'/a
*10'/8
.
preference—No par
conv
19
6% Jan
Mar 23
17% Apr
7%
$2.40
13% Mar 16
29
10%
4,300
63 %
.
preferred!
conv
The- Fair
2
2'
4%
3%
Thatcher Glass Mfg Co common
8
28
3.'
39%
►
6% Jan
Mar
30
4%
15%
ctfs
&
$1.25
29% Feb
21
6,000
84
10%
•
.
__10
Pacific Ry Co
Textron. Inc common—*.
7:
19
5 % Mar
share
Texas
15% Jan; 22
35 I
47 '/a
Sub
~
3
4% Mar 21
Apr
6%
19
7
14% Feb
15% May,
10% May,
3,300
21%
Pacific Land Trust—
7
Feb
25% Apr
12% Apr
10%
No par
23% Jan
33% Feb
Jan
10%
21%
*83%
____10
Producing Co
Gulf
Sulphur
Pacific Coal & Oil
May'
May
3,600
25
Co
Texas
26
9
1,700
*15%
5
Texas
17% Feb
:
400
9
30"
~*3%
9
65% Mar 11
Oct
4Q
1,300
5
-
L_;
Corp
Corp
Texas
July
9
400
4%
>
5,100
29%
84
4%
9%
148
■
(James
-
3%
14% Mar
9%
*143
9%
21%
Corp—
9%
14s
29%
9
_No par
Gould
9%
9%
29%
com_ _No par
Shares
share
9%
145%
8%
29%
preferred
$ per
93/4
148%
*139
fo»
the Week
9%
29'A
83/4
29%
Ltd
10
Sales
Apr. zi)
29%
*8%
,
Friday
Apr. 28
*143%
*32%
33
Thursday
S per share
S per share
$ per share
9%
12'/a
25
Co
Sylvania Elec Prod Inc
$4
33
PRICES
Apr. 27
145%
145
12%
Apr. 26
per share
93/a
9%
145
i
*12
v
10
Nov
11 Va
145
50
8Vi
79-
9%
25
Corp
Sutherland Paper Co
;$
$ per share
10c
California-
of
28 ya
.
Apr. 23
Wednesday
Tuesday
Monday
Apr. 25
Saturday
(1901).
HIGH SALE
AND
LOW
STOCK
14% Jan
Apr
]?%
YORK
EXCHANGE
$ per share
7% Mar 25
11% Mar
Dec
Mar
NEW
Highest
$ per share
$ per share
$ per share
140
CHRONICLE
FINANCIAL
STOCKS
Range for Previous
Lowest
L
22%
*22
23
10'%
*22%
233/a
10 Va
10%
10%
2,100
23
22%
22%
200
25
1)*m
COMMERCIAL
THE
(1902)
26
YORK
NEW
Lowoot
Saturday
Apr. 23
Apr. 25
85 %
'
88
Dec
Oct
93
13% Jan
6
Vertientes-Camaguey Sugar Co__6%
*10%
20
Jan
3
22% Apr
1
Vick
2.50
*21'%
22
Jan
85% Mar
May
Jun
85% Jan
33% Feb
91
Jan
7
7% Apr
14% July
Feb
Jan
117%
15 Va
Dec
28% Dec
5%
1
26
118
-
Jan
118
Feb
3
Mar 28
Jan
19
Jun
14% Jan
38% May
29
32% Jan
Nov
34% May
3foy« Jan
3
33% Apr
6
24%
Dec
39'A
Apr
25% Jan
4
31
5
30% Apr. 25
25% Dee
32%
Jan
23% Mar.
29
32%
Jan
30
66
Jan
50
15%
Jan
Apr
Mar
32
Mar 15
9
26
Apr
*34%<-
35%
*92
96
7%
95
17%
J
17%
*115
:
91%
'*18%
'i9y2
*18%
.
'*28'A
:
29%
31%
*31%
28
*27%
29%
31%
31
31
27%
27%
27%
•V*271A
*28%-
30%
30
30%
30%
30%'
*30'%
32
32
32
32
*50
50%
50%
50%
*13%
13%
13%
13%.
r
•
17 y4
17
,
»
*30%
1,100
91%
300
"17
17 y8
-
*114y8
113%
19%
*18V2
19%
3oy»
29%
29%
*29 %
11,700
ii4y8
*18 Va
30 y4
115
<70
;
200
31%
31
31
500
28 V2
28
28
27%
27%
400
30V4-
30%
30%-
30%
30%
90
33
10
31%
31%
'
•
20
<■'
7y8
*90
91%
*89%-
800
'
,
95
7 Va
7%
19»/2
.'*29y4
29%
*28%
*27%
34%
34
*92
17 Va
*18 %
19%
36
93
7%
}'
91%
17 Vb
88
*85V2
93
:
700
87%
*35
7%
*31%
29%
,
36%
92 Va
*114'A, 115
.
*31
-.
88
91%
17 y«
*18%
19'/a
*85
3,000
22
,*86
87%
7%
91%
115
114%
.
*86
92%
7%
17 Ve
17%
*35
96
*91%
91%:
87%
*85
35%
7%
115%
..
88
35%
'21%
21%
22
.
Shares
io y#
10
*21%
88
*86
87%
*92
,
7 Ye
17
/ 115%
*114
,
88
7 %
*7%
*91 .
Virginian Ry Co common
25
6% preferred
25
Visking Corp (The)
5
Vulcan Detinning Co common—__20
1% preferred __—
—20
12
29%
!
*85
35%
35%
*92
21%
22
22
*86
'85
88
96
*85
i.100
--100
______
21%
87%
*86
share
$ per
10 Va
10
10%
10%
10%
$ per share
share
$ per
share
10%
10%
21%
«
87%
*86
6% div partic preferred
10o
Virginia Elec & Pwr Co com__^._10
$5 preferred
„—100
Va Iron Coal & Coke 4% pfd:
25
14
20
preferred
Va-Carolina Chemical com—No par
21
3
29
*
preferred
non-cum
3%%
17% Mar 14
15% Jan
Co
Victor Chemical Works common—5
21
11% Jan
22
113% Apr
Jun
23
'
Feb
96% Mar 16
91% Apr 27.
124% July
18% May
14% Nov
90
11
Apr
Chemical
Vicks Shreve & Pacific Ry com_100
10
38% Jan
5
Jun
96%
Feb
89
5
48%
,
10%
10%
95
*
7% Mar
109
16
94
Feb
32 Mi
85
Feb
29%
Dec
10
t per
$ per share
t per share
Par
15% May
the Week
Apr. 29
Apr. 2S
for
galea
Friday
Thursday
Apr. 27
Apr. 26
*
?
t per share
8 per share
$ per share
tper share
12 % July
19 % Deo
HIGH BALI PRICES
Wednesday
Tuesday
Monday
EXCHANGE
Highest
Lawcat
Hlfhett
AND
LOW
STOCK
YORK
NEW
Range Since Jan. 1
Year 1948
Monday, May 2, 1949
RECORD
STOCK
STOCKS
SMI* for Preview
^
FINANCIAL CHRONICLE
&
30
*31%
*31 %
33
*31%
33
W
57% Aug
12 Mi Dec
28
,
Dec
35%
<
Apr 22
12% Feb 26
14% Apr
26 % Mar 14
Jun
Wabash
Waldorf System
9
29% Jan
8
'
100 %
xl8% Mar
102
Aug
105
Apr
8% Feb
13% May
10% Mar
7% Feb
»
Jun
9% Nov
14
* May
.32
Nov
23% Jan 21
9% Jan
14
-
3
11% Apr
20% Jan
27% Aug
12%
Deo
20% May
16%
Dec
22
Sep
Dec
30%
Jan
.11% Apr 21
12% Feb
.
6% May
3% Dec
3
26
Sep
34% Aug
20
X80
Nov
86 %
80% Mar
Jan
Mar 28
i
15% Jan 25
5y8 Mar 30
•
7
23 y8 Jan
Feb
24
14% Jan
3
114
Jun
108% Mar 22
119%
104% Mar
Jun
113% Feb
25
116% Apr
8
13
Apr 18
Apr 25
112% Jan
24
108% Jan
26
111%
103% Mar
103% Feb
Oct
16%
*23%
24
Inc
Co
1
No par
Class
101% Apr 20
13% Mar 4
51%
Jun
36
41% Jan
24
Jun
105
Feb
24
108% Jan
25
10% May
5
Feb
24
7% Apr
11
Western
Air
46% May
34% Apr
29
41% Mar 12
Western
Auto
16% July
8% Feb
24
12% Jan
Western
25
29% Apr ' 8
,
/38% July
22
Feb
36% May
,
22
Mar 23
Nov
102% Apr 21
17% Jan 20
20
Jan
30
58% Dec
74% July
54 y2 Apr
7
68% Jan
15
26
14 Ve Mar
5
17
Dec
May
39%
Jun
27%-Apr
29.
34% Jan
33%
Jun
22% Apr
22
27
85%
Feb
95%
Apr
92
91%
Feb
101%
Jun
Dec
Jan
40%
l'
Mar
Mar
Feb
Jun
15
101% Jan
102
26% Jan
11
104% Apr
1
57%
Oct
39% Apr
92
Jan
83
27%
Jan
22
Apr 26
23% Mar 2
-
Weston
Instrument
Elec
12
Apt
26
White
48% Jan
27
Dental
(The
Mfg
SS)
,4%
4%
20%
8i%
82 y2
19Va
18%
20% "20%
12
12 y4
12%
20%
."
110
*110
115
115%
109%
109%./
14%
36%
.<
109 Va
109%
110
110
llOVa
105
*103%
*101%
101%
101 %
14%
14%
.
101%
14%
*
14%
105
7
110%';
106
800
1,800
82
V,
18%
18%
<
.
110%
10
116%
120
109%
110
111
111
420
14%
37
105
*103%
7
.6%
35%
36
;
101%
*33%
14%
•
6%
6%
36%
12
28
*27
27%
27%
27%
*27
28
*26
24
*22%
24
23%
23%
24
25
x24 y4
24%
*22%
*55
57
56
56
15%
15%
15%
15%
•
60
60%
15%
15 y2
15
29)/8
28%
29%
22%
22%
22%
22%
22%
93%
93%
93%
99%
*99%
99%
*99%
25
*23%
*104
*24
108
*24
108
108
40%
*57
59
400
15
59%
15%
24
15
4,200
28 y4
27%
27%
22%
22%
22%
'22%
"22%
12,500
93%
93%
93%
93%
93%
260
100%
*99%
100 y4
*99%
100%
24 V2
24%
w
25
25
108
27%
25
*24%
%'
•
40%
40%
40%
84%
83 Va
83%
83
y4
27%
-*26%
27%
27% -27 '/a
42%
41%
41%
41
41%'
83
42
83 %
*82% >"83%
27
*26%
27%
*25'/a
15%
15%
15'%
15 y4
23%
23 */4
23%
53%
r
54%
,
'
190
.83
83
100
'
13% Deo
9% Feb
f
x53
24% May
9
18 % Jan
3
July
53 % Jan
5
Nov
28% Feb
19%
Jun
12
Mar
8
11
Feb
4% Feb
8
Wilson & Co Inc common
79
—
Co
12%
Dec
19
Jan
18
Jun
liy« Apr 25
14% Jan 14
X138
tJan
128
'
7
Jun
13% Jan
17
18% Apr
26
Wisconsin
2
4
44% Jbm
34% Jan. 10
3
Woolworth
47% Jan 21
(F
Dec
.58%
Dec
x62
81%
Nov
58
25% May
•
Jan
60% Mar
8
s
94
69
11%
Deo
,
34%
79
9
20% Feb
May
15% Feb
24
♦ Oct
65%
Dec
89% Oct
13%
Deo
Feb
8% Feb 25
,
16% May
48
6
■
74
Jan
Feb
Dec
X19% May
'
Apr
72% Apr.
4
25
66
Jun
10%
15% Mar 30
66
Feb
68
July
37
4
7
24
64% Jan
May
96%. July
(
Mar
22
12% Feb
x59% Feb
Feb
26
Jan
7
10
Apr f 9
9% Jan 4 7
24
Jan
20
9Va Apr.
5
12% Jan
7
32 Va Apr
29
39 Va Jan
18
17% Apr- 29
20
Mar 30
62%
74
Jan
28
14% Jan
6
Apr-21
12% Mar
7
■
,,
*53%
54%
*537/a
54%
*53%
54%
31%
*30%
31%
*30
31%;-
*30
'
31%
9%
9%
9%
*9%
9%
9%
9%
No par
*45 Ve
11%
>*76 "/a'
LL10
*11%
17 y2
100
*126%
—
W)
5%
„
-
.
.ill 10
i
Co
27
___10
i
45%
.
*
9%
5%
5
45%
77%
•j12
5 Ve
-5%
45%
44%
45
45
11%
11%
...
5
5%
'
45
11%
11%
11%
*76
77
77%
77
11 Va
11V4
*11
11%
(18%
U'18%
17%
17%
18
*126%
*126% 130 >
*27
&
"
27
27%
146
130
11%
*76%
77%
*76%
77Va '•
*11%
12%
*11 Va
12
18%
18%
xl8%
18%
18%
*126y2
.
26%
45%
45%
14%
14%
14%
14%
63%
63 Va
63%
*63
64
*63
*69%
70%
*69y2
70%
*69
71
*69%
76
*73
76
*73
76
*73%
76
*71%-
72%
8%
8%
/. 8%
Yale
*20%
21%
20%
&
Towne
Corp
"it
7,000
1
71
*73
2,000
•
45%
"
'
f-'"
.
__.
Mfg Co
28
t
71%
.
9%
.
9
preferred
50
Young (L A) Spring & Wire.NoPar
Youngstown Sheet & Tube
Nopax
Yotingstown Steel Door__;
No pat
34
*18
18%
18
18
63 y«
64
63%
64%
*12%
13
*12%
—
-•
*9%-
*32%
9%
;
9
9%
,
14%
14%
63%
63%
*69
*73%'
71%
72%
*70
i
9%
9,
9%
1,300
9y8
900
21%
21%
9%,;
1,400
1,400
9%
9%
9%
33 Va
32 V2
32%
r
18
17%
17%
j.
63 V*
64%
63 Va
63%
9,300
12%
12%'
12%
12%
12%
700
28%
28 Va
27%
27%
27
27%
2,600
3%
3%
3%
3%
3%
2,500
*32%!
18%
18%
18
63%
64%
64%
65
13
13
12%
27
27%
(;3%
13
"71%
*32%'
9%
34
18%
' 3%
*18
40
,76
*8%
■
21%
21%
21%
150
70
70
76
70
*73%
32%
32 3/4
34
2,400
15
63%
9
21 Ye
9%
r
14%
63%
72 »/4
72 %
*8%
21%
21%
21-
9 Va-
*32%
72%
72%
8%
14%
64
14%
14%
14%
72%
1
common________
4%%
26%
f;(l45%
27
45%
63 %
10
25 5 a
27 y4
45%
45%
100
200
9,100
.
132
*129
130
130
130,
27 ;
: 27%
45%
./
5,700
11%
'
45%
1,300
11%
45%
11%
12
,*11%
18
10,900
45%
*45
45%
77 y4
1
30
700
5
4%
5'/a
5
5%,
4,100
9%
9%
11%
,
2,400
v..
31 Va
*30
45%
11%
>*76%
i
130
9%
*9%
5
Machinery common
No par
Prior pfd 4 Va %
series
108
Prior pfd 4% % conv seriesa__100
Wright Aeronautical ___^
Nopax
Wrigley (Wm) Jr (Del).
Nopax
Wyandotte Worsted Co
___6
York
23%
54%
*30
com____L._10
Co
Worthlngton Pump &
*13%
24%
24
25%
23%
23%
*53%
No par
El Pwr
6% preferred
Woodward Iron
131% Mar 18
22%
54
31%
54
Willys-Overland Motors com
1
$4.50 conv pfd series A
No pax
$4.25 preferred
Wilson-Jones Co
29
Jan:
25% Apr
Oct
Apr
23%
15%
15%
15%"
15%
8
13
Jan
23%
15%
*30 %
No par
Co
7% Jan
{14% Dec
49%
Oil
~~1$%
15%
__20
12% Mar 10
73
37%
Wilcox
15%
__1
com
preference—.
preference
56Vi Jan
Jan
Feb
:<41% Nov
Sewing Machine
conv
25
88%
Dec
$4
Prior
26
Dec
28
11
,_1
26
89
125
White
Co
Apr
44 y2
'
Motor
10% Feb
May
65% May
17% May
Nov
White
55
Apr ,5
30% Apr 20
11 ys Jan 12
22% July
6% Mar
10%
16% Mar 30
25% Apr
126
Feb
51
3
31%
Aug
Feb
27%
13% Jan
5,200
27%
*,>*26
■
200
108
'
*104
108
*104
83%
42%
40 %
400
1,500
24
28%
*104
;
.
*83'/a
2,300
"
27%
*26
'
*26
3,700
,
;
7,200
*
25
*104
25
*104
-
11%
*99 y2
100 V*
*99%
35
11%
93%
93%
28
>
34%
:
22%
22%
93%
,
11%
28 Va
>28%
29 Va
*03%
-
,
*57
15%
15%
35%
35%
11%
y
,
60
*56
J
-
12
'?
12
40
3,500
6%
6%
28
>
900
106
*103%
■6%
1,500
-
37%
37 Va
-
37%
106
300
101%
14%
101%
14%
10
106
*103%
105
101%
.
*110
110%
110%
12
i2y8.
17,800
116%
36%
36%
120
3,500
;
109
6%
36%
19%
115%
12
28
20
.
109%
36%
..<11%
1,300
'•
82
19%
6%
.
••• '.,12
-
12
.
100
V.
'
■
noy4
6%
7
700
,
18%
*103%
,
J
16%
109%
37
105
12
4%
36%
.
10o
13%
19%
*110
105
36%
36%
36%
106
3,400
.
:
,
115%
iio%;/
*103
14%
•
36%
*105
106
19%
18%
;
109
*14%
14%
36 Va
82%
105
102
16%
4%
18%
115
-*101%
500
23
.
16]/2
220
20%
19%
115
*81%
.
1,300-
4 %
18%
110
T
21,000
20 y4
19%
115./
109%
»"
11%
82%
110%
,,
13 y«
92%
12%
:
82%
115
105
2,300
13 '/a
yi3'/4'
*16%
16%
20%
;
*110
109
\s
i*23% #24
20%
19%
*109
2,300 >
92
•
13%
-
;
18
107
90
■j.
i
11%
,
*4% ;
17%
109V2
*105
12.60
89 y4 Jan
27Va
4%
*iey2
19%
102
No par
12%
100
100
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp Com___.No par
$5 conv prior pref
-No par
12%
*4%
*13%
17%
109%
8%
*22
16%
24
;
19%
*101 y4
—100
Air Brake
Westinghouse Electric com
3%% pfd series A
3.80% pfd series B
26
7
A
12%
.
8%
!:'
22%
>
;
•;
23
>
17%
109 Va
100
Westinghouse
7
28
Mar 30
23% Feb
..
July
115
98% Feb
,
series
16%
;
*105
com_—No par
RR
13%-
16%
•:
116
Western Union Teleg class A_No par
7
Jan
97y2 Jan
Pacific
Preferred
26
Mar 30
29% Nov
23% Dec
Mar 30
Western
__10
,.100
13%
16%
.
,
11%
.
600
104
-
13%
./
11%
*22
200
f,
i
13%
24
82%
,
110%
1
Supply Co
Maryland Ry com
non-cum 2nd pfd
4%
24
Inc
Lines
4%
y
92%
16%
.
C
,
20'
17%
*109
4.20%
24
20%
82%
*110
West Penn
-
17
*23%
20%
'20%
*19%
.
23
,
16%
■.
*81%
20%
(/
/
J
U% 1
*16%
..
12%
4%
■'.v.-
*22
/
24
8%
"I
„
27
,
22%
13%
,
•
*io2y2
„
91%
13'A.
27
22%
8%
93
..•'*13'/a
13%
16%
,
12%
4%
*81%
preferred
6%
13%
*16%
(
12
;
4%
*115
Oct
5% Nov
34% Dec
16%
12
_100
Power 4%% pfd____100
preferred series B__;__100
4.10% preferred series C
:_100
West Virginia Coal & Coke
5
West Va Pulp & Paper com__No par
4%%
preferred
100
Mar 25
>13%
;
22%
*23%
C.
•
11%
.16% •,•16%
:
"s
■
No par
A
16%
24
,"n
1 3 y4
.
No pax
com..
16%
*23%
11%
22%
<
22%
22
♦'
•
*16%
r
5
110%
22% Mar
*
5
22%
Feb
23
23%
*16%
107
16% Apr
38% Feb
83
*22%
t
105
'
107
Oct
37
;
*92 y4
11%
22%
8%
*13 Va
93
*102%
L
*•
:
104 ;
-
22%
8%
8%
13%
92%
•,
27.
300
13%
13%
14
*26%
51
-*48
51
*13%
;•
104
22'A
13%
11%
Jun
113
100%
25
11%,
Jun
105% Nov
80
11%
6
110% Jan
11 %
.\
*49
.
14
27
27
*102%
22%.
8%."
8%
13%
93
Sugar Corp
Elec
West Penn
'•
13%
92
:—6
—1
preferred
West Indies
18% Apr 27
110% Mar 12
8%
13%
92%
r
.r,
104
22%
22
51
.
*13%
27.-
*
*102
103%
22
13%
Wesson Oil & Snowdrift com-.j.2.50
conv
■>
8%
.8%
27
103%
<: ;'22%
5
Wayne Knitting Mills—:
Wayne Pump Go—
$4
104%
*22
92V4
Co_
Motor
27.
27%
104
i
1
Np par
3
Washington Gas Light Co—-No par
Webster Tobacco
»
*26%
j
27
_j100
Pictures
Bros
*49
50'
50
*13%.- 14
-
No par
preferred
Waukesha
21
19
Mi %■
Warren Foundry & Pipe.
Warren Petroleum Corp
24
19% July
25%
24
27% Jan
26% May
Feb
7% Mar
,
Jan
Vb Mar 15
84 Vb Jan
13%
*113% Apr
>
11
9
19% Mar
'.00%
1
7>
Jan
14
7
3% Jan
25% Feb
5
Warner
17
>
25
'
3
13
22 Va Jan
16% Feb 10
13
*
'
Co
Ward Baking Co common
15% Jan 21
94% Feb
<
22
Apr 25
15% Apr , 7
23% Feb 23
»
1
Walworth
7
28
28
.90
34% May
.
8
9% Jan
Jan
22'
Xl9% Nov
Jan
Feb
13% Apr
-16% July
101
105
24
21% Feb 25
27% May
x83% Mar
Feb
RR 4%%
preferred—_100
:—No par
Walgreen Co common
No par
4%
preferred
—______il00
Walker (Hiram) G & W_
No par
60% Jan 28
•
200
800
y■■
19% Feb
3% Dec
35
July
25% Feb
5
3% Feb
,
9
6% May
*Bid and asked prices;
no
sales
on
32
Jan
7
Zenith
4% Jan
15
Zonite
this-day.
$In receivership.'
Radio corp
Products Corp__
a
27
_No par
3%
J
Deferred delivery.
27
27
3%
27%
3%
3%
cName changed from City Ice & Fuel,
,
r Cash
sale,
s
Special, sales.- wd When distributed,
x
3%
>
Ex-dividend.
Transactions at the New York Stock Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocks
Number
Week Ended Apr. 29, J949
Railroad.
of and Miscel.
Sharesx
Saturday
Bonds
330,280
Monday
Tuesday
■.
"
"
737,970
831,170
Bank
Foreign
Bonds
Bonds
"■
2,769,000
559,000
$, 328,000
Monday
Tuesday
2,064,000
402,000
2,466,000
2,627,000
611,000
2,197,000
471,000
1,000
$12,325,000
$2,707,000
$6,000
Apr. 29
8. Government
International Bank
Foreign
Railroad & Industrial-
Total
-1—
/
il
3,243,000
2,669,000
$15,038,000
______
Jan. 1 to
1949
>
'
124,790
106,000
221,380
$5,000
$282,500
$331,500
24,000
645,000
2,650,000
;
94,624,032
.
2.707,000
1,617,(500
35,143,45(1
12,325,000
22,811,000
231,174,300
31,510,360..
-
f
19,000
132,000
V.\. 2,000
264,000
IjOQO
350,000
268,000
„
•"?
-129.000
133,000- V
-Total
$6^,000
108,000!
: 235,000
/ 212,670
157,000
95,000
*.
16,000
188,075
165,000
124,000
;
12,000
301,000
1,009,555
$696,000
$627,000
$6F,000
$1,384,000
"•
Total
____.
Week Ended Apr. 29
1948
76,140,193
"
$5,000
7.000
'
"
1949"
$6,000
♦
Foreign
Apr. 29
8,011,945
.
Foreign
Corporate
$33,000
$31,0C0'
175,700
Wednesday
Thursday
Friday
Government
Domestic
86.940
shares
Bonds
_
1948
Apr. 29, 1949
'T
$5,000
Bonds (Par Value)
of
Shares)
Saturday
4,356,990
U.
Week Ended
2,582,000
1949
_
Stocks
(Number
,
Sales
•478,000
Week Ended
_
Bond
2,106,000
808,710
of
Bonds
$750,000
4,356,990
Btocks—No.
Government
Total
s.
$188,000
774,320
Total
United States
$562,000
865,540,
Wednesday
Thursday
Friday
Int'l
346,479,400
Stocks—No. of shares
^
1948 '
Jan. 1 to Apr.
1949
29
1948
1,936,905
18,745,868
23,082,112
$696,000
$1,488,000
$12,674,000
627.000
137,000
3,846,000
61,000
65,000
810,000
$19,758,000
2,894,000
818,000
1,009,555
>
Bonds
Domestic,
Foreign
government
Foreign
corporate.
L
v
COMMERCIAL
THE
Number 4799
169
Volume
Bond Record
FINANCIAL
&
CHRONICLE
(1903)
New York Stock
cc»
FRIDAY
WEEKLY
-
Exchange
YEARLY
-
interest"—except for income and defaulted bonds. Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions
the week, and when outside of the regular weekly range are shown in a lootnote in the week in which .they occur.
No account is taken of such sales in computing the range ior the year.
NOTICE—Prices
The
italic
"and
are
in
letters
column
the
headed
"Interest
Period"
indicate
in
each
month when
the
case
Figures after decimal point represent
the bonds mature.
or
one
27
82d of
more
point.
a
of
i.
,
?
LOW
GOVERNMENT
Range for Previous
BONDS
Range Since Jan. 1
Lowest
Highest
NEW
<
Highest
YORK
STOCK
i
108.28 May
108.13 Jan
110.23 Mar 11
110.23 Mar 11
101.18
Dec
102.22
Feb
102.23
Sep
*101.13
101.15
*101.13
10145
*101.13
101.15
♦101.13 101.15
*101.12
104.22
*104.20
104.22
*104.19
104.21
*104.19
104.21
*104.19
104.21
108.27
108:30
*108.31
109.2
*109.1
109.4
*108.29
109
*108.28
108.31
*109
109.3
•
103.20
103.22
*103.20
103.22
*103.20
103.22
*103.19
103.21
*103.19
103.21
*10349
103.21
1956-1959
0109.16
10949
*109.21
109.24
*109.24
109.27
*109.24
109.27
*109.23
109.26
*109.30
110.1
2%a
1958-1963
'110.7
11040
*110.12
110.15
.*110.16
110.19
*110.15
110.18
*110.14
110.17
*110.20
110.23
2%s
2%s
1960-1965
1949-1953
*110.30
111.1
*111,4
111.7
*111.6
111.9
*111.8
111.11
*111.6
111.9
*111.17
111.20
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101
101.2
*101
101.2
102.5
*102.2
102.4
*102.2
102.4
*102.2
102.4
,1955-1960
2%a
1951-1954
2%»
Sep
101.11
3
102.5
*102.3
Treasury
2%s
1950-1952
1952-1954
*102.3
14
*102.25
102.27
*102 .26
102.28
*102.26
102.28
*102.25
102.27
Feb
3
Treasury
2%s
1956-1958
*104.29
104.31
*104 .31
105.1
*105.1
105.3
*104.31
105.1
*104.29
104.31
*105.2
105.4
2%s
1962-1967
*102.15
102.17
*102 15
102.17
*102.16
102.18
*102.14
102.16
*102.13
102.15
*102.14
1U2.16
Jun
101.19
Jun
100.24 Mar
100.25
Treasury
Treasury
2%s
2%s
*1024
102.3
*102 .1
__Jun 1964-1969
*101,20
101.22
104.9
Jan
101.19
-
102.31 Jan
14
Feb
104.9
Jan
MarTT
102.1
102.1
Mar 11
2%8
1963-1968
-
'
*102 3
102.5
*102.27
102.27
*102.25
102.29
102.3
*1022
102.4
*102
102:2
*lbl.3l
102.1
*102
102.2
101.22
*101.21
101.23
*101.19
101.21
*101.18
101.20
*10149
101.21
101.20
*101.18
101.20
*101.17
101.19
*10146
101.18
*101.17
101.19
*101.17
101.19
*101.16
101.18
*101.15
101.17
*101.16
101.18
100.23
Jan
100.26
Apr
Treasury
2%g
Dec 1964-1969
*101.18
^*161 .20
101.20 -7*101 18
100.23
Sep
100.24
Sep
101.12 Feb
9
101.12 Feb
9
Treasury
2Vis
1965-1970
*101.17
101.19
*101 .17
101.19
100.16
Sep
101.12
Jun
101.7
Feb
7
101.7
Feb
7
Treasury
2Vis
100.7
Oct
100.27
May
100.18 Jan
6
101.2
Mar 22
Treasury
2%s
100.7
1966-1971
*101.14
101.16
*101.14
101.16
*101.14
101.16
*101.13
101.15
*101.12
101.14
*101.13
101.15
Jun 1967-1972
*100.30
101
*100.30
101
*100.30
101
*100.28
100.30
*100.26
100.28
*100.27
100.29
Sep 1967-1972
Dec 1967-1972
*103.5
103.7
*103.9
103.11
*103.10
103.12
♦103.7
103.9
*103.5
103.7
*103.10
103.12
Treasury
2%s
2%s
*100.30
101
*100.30
101
*100.30
101
*100.28
100.30
*100.26
100.28
*100.27
Treasury
102.26 May
2 Vis
1951-1953
*103.3
103.5
*103.3
103.5
*103.3
103.5
*103.2
103.4
*103.2
103.4
*103.2
103.4
1952-1955
1954-1956
*102.6
102.8
*102.7
102.9
*102.7
102.9
*102.6
102.8
*102.6
102.8
*102.8
102.10
,*105.5
.105.8
*105.8
105.lli.
*105.11
105.14
*105.10
105.13
*105.10
105.13
*105.12
loo45
*103:8
10 J. 10
*103.13
103.15
100.29
102.26 May
Oct
100.23
Treasury
101
Jun
Feb
101.1
16
Feb~21
Treasury
Sep
102.13 July
102.30 Feb
Mar
100.4
May
100.13 Jan
Mar
100.2
Feb
100.17 Feb
9
100.21
9
Treasury
2 Vis
7
Treasury
100.21 Feb 16
20
100
2 Vis
Treasury
102.30 Feb
9
100
2 Vis
Treasury
101.14
Oct
100.19 Feb
'
,
*103.10
103.12
*103.11
10343'
*103.12
103.14
*103.10 103.12
2Vis
1956-1959
Jun 1959-1962
*100.28
100.30
*100.28
100.30
*100.29
100.31
*100.27
100.29*
*100.26
100.28
Dec 1959-1962
*100.28
100.30
*100.28
100.30
*100.29
100.31
*100.27
100.29
*100.26
100.28
Oct
Oc
♦100.27
100.21 Feb
100.31
100.4
*100.3
100.4
*100.3
100.4'
*100.3
100.4
*100.3
100.4
*100.3
100.4
100.11
*100.10
lf0.ll
*100.10
100.11
*100.9
100.10
*100.9
100.10
*100.9
100.10
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.22
100.23
*100.22
100.23
*100.22
100.23
*100.22
101.23
*100.22
100.23
*100.22
100.23
Sep 1950-1952 ;
1951-1953
1951-1955
Jun 1952-1954
Dec 1952-1954
*100.31
101
*100.31
101
*100.31
101
*100.30
100.31
*100.30
100.31
*100.31
101
1953-1955
1950 '
Sep 1949-1951
Dec 1949-1951
Mar 1950-1952
9
100.21 Feb;
9
Jun
2s
2s
Treasury
101.13 Mar
Sep
2s
Treasury
101.7
Dec
101.26 May
100.31
Sep
100.30
Sep
101.18 July
101.19 July
101.18 Feb
101.8
26
~~9
101.18
Jan 26
Feb~~9
2s
2s
Treasury
Jan
Treasury
Treasury
101.8
.
2s
Treasury
2s
Treasury 2s
Treasury
100.7
Oct
100.16
2s
Treasury
Apr
100.29
*100.3
*100.10
1949-1951
2s
Treasury
„
100.29
*100.27
2 Vis
^Treasury
100.21
Bonds ($)
101.16
*104.20
•
2%«
Treasury
102.31 Jan
Sep
101.7
the Week
High
104.22
Treasury
Treasury
102.23
Sales for
Apr. HO
Low
High
10145
1951-1955
Treasury
Treasury
•
108.13 Jan 26
26
Friday
Apr. 28
Low
High
104.20
•
1949-1952
3fl
Treasury
Sep
High
Thursday
Apr. 27
Low
High
101.13
3 Van
•Treasury
107.4
M
105.28 Ma*
Treasury
Treasury
Sep
Low
High
•
Treasury
105.1
Low
Wednesday
Apr. 26
Apr. 25
Apr. 23
Low
EXCHANGE
Tuesday
Monday
Saturday
1
Year 1948
Lowest
AND HIGH SALE PRICES
IVis
Bank
International
*101.11
100.12
*101.11
100.12
*101.11
100.12
*101.11
100.12
*101.10
101.11
♦101.12
101.13
*101.12
101.14
*101.13
101.15
*101.13
101.15
*101.13
10145
*101.13
101.15
*101.14
101.16
*101.17
101.18
*101.17
101.18
*101.17
101.18
*101.17
101.18
*101.16
101.17
*101.18
101.19
*101.21
101.22
*101.21
101.22
*101.21
101.22
*101.21
101.22
*101.20
101.21
*101.22
101.23
*103.18
103.21
*103.19
103.22
*103.21
103.24
*103.21
103.24
*103.20
103.23
*103.22
103.25
*100.10
100.11
*100.10
100.11
*100.10
100.11
*100 40
100.11
*100.11
100.12
*100.12
100.13
*99.20
99.26
*99.20
100
•99.20
100
*100.17
100.24
100.17
100.17
100.23
100.23
for
Reconstruction & Development
94.10
Jan
98.30 May
98.24 Jan
94.14
Jan
99.30 May
99.11 Jan
♦Bid and asked price.
99.28 Mar 24
10
100.23 Apr
5
-
-
tCalled for redemption June
No sales transacted this day.
BONDS
Last
Period
Sale Price
Exchange
Friday's
or
100
99.20
100
a
Odd
lot
transaction,
WEEK ENDED
FOR
r
*99.20
.
*100.20
100
100.24
Friday
Low
Ho.
High
Week's Range
or Friday's
Interest
Exchange
Last
Period
BONDS
New York Stock
Jan. 1 ,y
Sold
Sale Price
Low
City
33/4s Series No.
15
Range Since
Sold
Jan. ]
No.
High
62
V
J-D
Bonds
Bid & Asked
High
Transit Unification Issue—
6,000
Registered bond transaction.
APRIL 2!)
Range Since
Bonds
Bid & Asked
Low
New York
99.20
100
Week's Range
Interest
New York Stock
100
*99.20
15 at par.
RANGE
Friday
*99.20
1957
1972
10-year 2 Vis
25-year 3s
29
62
Lou;
14
High
59 ft
62
60
61 ft
3%s Series No. 16_
106'/a 107'/a
104'/a
81
107 %.
17
J-D*
*62'/a
58
18_.
J-D
*62%
64
56
61Va
19
J-D
*62'/a
63
58'/a
61 '/4
3%s Series No. 20
107%
3%s Series No.
33/4s Series No.
J-D
.1980
Corporate Stock
*62 Va
3%s Series No.
3%
J-D
J-D
*62 &
65
60
61%
*
__
65
*62'/a
.
64
61%
3%s Series No. 21
J-D
33/4s Series No. 22
J-D
Va
62'/a
55 %
62%
3%s Series No. 23
J-D
62 Va
62 Va
55 '/a
62%
3%s Series No. 24
J-D
*62 Va
—
60
3%s Series No. 25
J-D
*62
3%s Series No. 26
J-D
,
3Vis Series No. 30
of)
Agricultural Mtge Bank
i AGtd
fund
sink
AGtd
(Colombia)—
sink fund 6s
Akershus
6s
1948
4s
1945
62
— —
62
*
91%
7
81
92%
41
4
37 Va
41
AKxtl
f 7s series B
1945
J-J
41
39%
41
19
37%
41
f 7s
series C
1945
J-J
41
39
41
5
37%
41
A 6s
5 A External
s
f 7s series D
1945
J-J
40
41
7
37
41
AExtl
1957
A-0
41
41
3
37%
41
series__1957
A-0
37 Va
39%
AExterm-1
AExternal
2d
f 7s 3rd
s
sec
7s
f
s
sec
series__1957
1956
1957
1967
1966
1962
—1949
F-A
3%s
10-year
3%s
20-year 3%s
20-year
3%s
15-year
3%s
6%s_,L
external
External
s
..
41%.
100
37%
u
101%
101
301
102
101
101
101
102% 102 y«
44
a-0
103%
103% 103 %
4
106%
J-J
M-N
a-o
81%
V*.
,5
98%
2
99%
101
1
•
60 Va
101%
101%
103
102%
104%
104%
24
106 % 106%
J-J
107%
*54
M-N
41'/a
95 v
101%
99%
34
133
*33
,.
26%
•
-
-
26%
♦33
■
35%
,
26%
.»
-
•
37
26%
28%
'35%
37%
3
4.
-
.
wM
90
97%
95
21
89
95%
91%
92%
42
85 Va
93%
50
85
93%
F-A
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93%
7
84%
Extl
101
101
100 7/a
8
102%
105%
101'
*100% 107
s
AChile
93%
J-J
Sep 1961
6s
J.J
US
Sep 1961
sinking fund
J-J
M-S
1962
A-0
1962
1963
A-0
sinking fund 6s
...
A6s-assented
AExternal sinking fund 6s
92%
S2%
923/4
Feb 1961
F-a
Jan 1961
f 6s
A 6s
34
37%
26%
29
35%
37%
26
—
29%
*
'
.
,
*33
•
13
—
25%
»•
26%
•
*33
...
—
•
27%
26
-m
26%
7
—
>
-
v.
26%
*33
35%
'
.
26 %
—
25%
,
!
3
,35%
26%
35%
—
29%
37
29
36%
29
36%
M-N
26%
26%
27
15.
26%
29
J-D
26%
25
26%
73
25
29%
J-D
35%
37%
26%
'
1961
1961
J-D
sink fund 6s
1961
a-o
1961
a-o
assented
•
9
26
29
-i.
36
37
5
26
2
34
37%
5
26%
29
26%
26
"
J-D
;—
40
*33
M* m,
J-D
1957
-
AGuaranteed
26
1
7
*33
26%
M-N
—
63/4s
A6%s assented
112
5
27%
1957
Bank 6l/as
A6%s assented
ASinklng fund
26%
34
1993
bonds 2-3s
Mortgage
26%
'
—1963
assented
f $
26
34
26%
■.
F-a
Jan 1961
s
assented
A 6s
■:
a-o
AExternal
103'%
94%
J-D
1960
Feb 1961
A6s assented
J-D
M-S
,101
F-a
1960
assented
sinking fund 6s
ARy external
95%
*94
J-D
1955
6s
f
J-J
41%
41
J-D
(City)
10-year
Belgium
*40%
A-O
external 5s
1958
(Commonw'lth) 5s of '25-1955
Antwerp
Australia
m-s
1942
,
A6s assented
s
7s 1st series—
assented
A6s
91'/a
40
s
f
60
—
"
*61
M-S
8 AExternal
s
61%
58
'
SAExternal
AExternal
62
69
J-D
1954
1942
f 7s
s
AExternal sinking fund 6s
J-J
-
603/4
„
*62 Va
'
*61
A-O
1968
A
coll 7s
(Dept)
F-A
62
*62 '/a
1961
(City) 8s
External
(Rep)
§A7s
1947
(King of Norway)
jAAntioquia
lAChile
60%
60%
62
62
*62%
1960
4s
25-year 3 Vis
ACarlsbad
•
1958
1950
(City) s f 5s
fund gold 5s
Sinking fund gold 6s
Shaking
Foreign Govt. & Municipal
I
1957
Brisbane
(Dominion
-
__
J-D
J-D
33/4a Series No. 29
57
56%
€5
62
J-D
33/4s Series No. 28
Canada
'/a
.
62
—
J-D
3%s Series No. 27
62
-
,
;
*33
—
'
*
26%
26%
26
34
34
26%
26%
26%
29
■
"
External
s
1955
7s
f
J-D
117% 118%
118
115
16
AGuaranteed sink fund
M-N
1962
6s
A6s
lABrazll
(U
S of)
external 8s
Stamped pursuant to Plan A
(Int reduced to 3.5%)
AExternal
s
f
6%s of 1926
s
f 6%s
Stamped pursuant to Plan A
(Int reduced to 3.375%)
A7s
S
i
(Central
Ry)
1978
-
-
A-O
1979
J-D
A-O
*
1979
1952
A-O
52
52
%
52%
A-O
71%
51 %
51%
o
AChllean
68 %
•
.
Cons
1962
M-N
1960
M-S
1960
___1951
M-S
:
Munlc
7s
26 %
26%
•33
(
I
n • ■
36%
26%
29
-
35%
37%
26%
29
'
■
.L
26%
5%
6%
26%
26%;
6 %
;
—
i.
;
lo
72
46
—
assented
78. assented,
AChinese
(Hukuang Ry)
5s:
J-D
55
60%
25
52%
•
•
54
62
—
-r-.
\
45%
9
71%
49%
50
5
43
70
70
1
61
52
%
52%
7
46%
53%
A-0
50%
50%
1
42%
53%
J-D
J-D
J-D
J-D
64%
65
8
Financial Institutions
71
J-D
For
54%
J-D
493/4
Stamped pursuant to Plan A
(Int reduced to 3.5%)——1978
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
(Int reduced to 3.375%)
1979
r.,
60%
—
A
1957
of 1927
*68 %
J-D
1957
Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal
1941
35%
15
•33
,
"
V4
FOREIGN
SECURITIES
5%
1'
■'
External $
bunds of
3%s Series No.
334s Series No. 2
;
;
3%s Series No. 3
3%s Series No. 4
:
33/4s Series No. 5
-
-
62%
64%
03
,
64
J-D
..
J-D
:
66'/a
65
67
64%
33/4s Series No. 12
j-D
J-D
*62 Va
*02%
63
33/4s Series No. 13
J-D
33/4s Series No. 11
•
i
33/4s Series No.
For
footnotes
J-D
14
see
page
31-
64 '/a
66
66 %
65 V2
58%
4
66'/a
*63%
—
58%
61%
FOREIGN SECURITIES
SPECIALISTS
—
..
*63%
j-d
10
64
60%
—
.
r Ml. MAMS 4 P.O. IMC.
64%
58%
,
J-D
33/4s Series No.
63%
59
57%
5
13
■
TRADING MARKETS
65%
62%
64 Va
<•
*63%
j-d
33/4s Series No. 7
33/4s Series No. 8
3%s Series No. 9
*'
57%
51
63
64%
64
...
FIRM
*'
63
(Plan B) —
1944
1
62
62%
.
58
60%
2
59
62
5'
'*
-Ufi:
55 Vb'
62'/a
i.
-
•-
62%
<•
62%"
i
•
.
■
%
50 Broad
St, New York 4,
Telephone HAnover 2-0050
(v
f
cr
••
N. Y.
Teletype NT 1-971
5%
7%
i
'
YORK
NEW
RANGE
Last
Period
Exchange
or
Sale Price
Friday's
of
1927
external
41%
43
bonds
1970
A-O
1947
1946
A-O
M-N
1947
F- A
1952
J-D
—1953
ACosta Rica
(Rep of) 7s
(Republic of) 4%s extl
Czechoslovakia (State)—
1951
41 y8
105
68%
81
78 V4
32
63*%
8
extl
(Republic of)
$___,
f
s
6s.
3'/us extl
s
f
3s
f
s
French
93%
94
F-A
89%
A-O
82%
extl
part
f
s
*102 Vi
Public
*
60
A
7s
series
ASilesia
A4Vis
F-A
A-O
55
56
61 va
9%
10%
94
6
8%
9%
30
5%
55
58 VB
tel.'
34%
J-J
32
M-S
60
7s
—
1952
luu %
37%
128
28%
32%
J-J
Altaly (Kingdom of) 7s
1951
A
Jugoslavia (State Mtge Bk) 7s___1957
AMedellin (Colombia) 6%s
1954
fund
Mexican
34%
.196
18
29%
56
sink
assented
1922
to
a4'/2s small
ANew assented
fund
6s
bond
of
($
3%s
AWarsaw
A 4
%s
(City)
A Small
Mexico
of
A
1899
10%
10
41
Large
AAdriatic Electric Co
ASmall
______
Large
ASmall
to
37
40%
A5s
;
New
Vi
of
1922
(assented
new
1910
agreement)-.—
ASmall
A4s New
ass'td
ASmall
to
1922
11%
2%s
deductions——
2%s
debentures-——
Milan
&
Foreign Pow
A Sec
s
reduced
external
to
f
s
1933
-2008
6 Vis—
fund
4s* sink fund extl
3 Vis
f
s
15%
9
11
11
5
*7%
•M-S
8%
7%
6%
8'A
6(4
24
8
9%
*10%
M-S
.
■'
—
:
10%
11
ref 3Vis
M-N
M-S
A-O
-
I
F-A
•
I
0£
A-O
—1970
~
5
A-O
1963
—1994
series B
a6ZtU
reduced
p of)
ANat loan extl
H~1967
"1947
38
38
2
2.125%)
cxternal 7s
loan extl
.
5 A Poland
f 6s
f
s
(Rep of)
A4(is
A4Vis
2d
30
95
97
97 Vi
19
95%
96 VB
7
95 %
92
95
92
95
2
Stamped
92%
95%
Janeiro
Stamped
92
~5
30
38
30
(Int
sec
f
(City of)
to
J-D
*—
95
8s_I~~l95o
Iirigei
2001
J-J
93%
lASan
Paulo
(Int
A
(State)
pursuant
reduced
8s external
Stamped
to
94 Vb
97 Vi
104 % 104%
38
103 %
105%
25
103 Va
103%
18
102%
104 Vi
Q-J
*79% 102
79%
81%
86
92
July 1995
1966
A-O
A-O
125%
125
M-N
114'
114
July 1 1995
cons
87%
'125%
48
114
4S—July 1952
1964
M-N
*103%
M-S
104%
101% 102%
46
101%
105 VB
100
74
100
103%
J-J
1966
115%
103%
__
100
J-J
1948
126%
109
102 Vb
J-D
1st 4s__1948
122%
1
Ry—
-1963
J-J
81%
94%
*24%
*23%
-1946
27%
*36%
26
A-O
-1999
A-O
A~
goid_I~ -1968
J-D
Plan A
J-D
M-N
82
110
;
103
—
■
54%
101
54%
55%
33
47 Vb
41%
42%
12
37
44 Va
10
100
101%
100
100
26
*39%
32
1st
1980
mtge 5 %
13%
&
M
ref
4s
57 Vi
14
39
40
Boston
Corp—
2%s ser I
mtge
&
Maine
J-D
62
73
43%
52%
M-N
79%
79%
79%
17
77%
85%
J-J
65%
65%
66%
19
65%
74%
74%
74%
7
70%
78
88
86%
88
8
85%
95
86VB
86 Va
5
120% 120%
28
1951
J-J
mtge
ABieda
M-N
#
F-A
-1970
J__
_1976
1979
J-J
series
series
—1967
M-N
1961
4s series RR___
mtge 4%s
(Ernesto)
__1960
A
ser
Co
July 1970
7s__
56%
F-A
3s
Debs
Gen mtge 2%sl—
Buffalo Niagara El 1st
——1976
mtge 2%s__l975
Buffalo Rochester & Pgh
Ry—.
Stamped modified 4%s
1957
Terminal
1st
Consolidated
4s__
—1952
5s
Terminal
_1955
Bldgs
5s
gtd—
1960
10
29%
57%
*31
—
8
~2
97%
101%
96%
3
90%
96%
99%
99%
27
98%
99 Va
M-N
55
54%
55%
23
54%
61 %
A-O
100% 102
J-J
93%
*105 Vi
A-O
4
:
-te
Elec Power 1st 3s
1976
Oregon Power 3%s^
—1974
Canada Southern cons gtd 5s
A—1962
Canadian National
Ry—
Calif
J-D
*100
M-N
A-O
98
101 Va
4%s_
1957
5s_„
Oct 1969
A-O
5s
106
35
38
1970
F-A
Guaranteed
gold
4%s__.1955
J-D
Guaranteed
24 Va
gold
4%s__
28%
1956
F-A
Guaranteed
gold
4%s
~j_—_1951
M-S
Guaranteed
4%
27
*40%
46
28 VB
27%
M-N
M-N
*41
*00 %
J-J
J-J
*52%
—1950
J-J
*60%
44Vi
—
__
__
105
99%
gold
28
25%
53
54%
53
34%
40%
52
41
55%
66
41
54%
66
1st
mtge gtd 4s
55%
J-J
^.—
102
99
.
:
105%
of
Georgia Ry—
mtge 4s
Gen mtge
4%s-
ser
N
J gen
A 5s
A
registered
General 4s
A 4s
'Win
W,
registered
104%
113%
115 Va
2
106
107 %~
2
107%
108%
6
106
M-S
112%
113%
3
112%
113%
105% 105%
100
3
112% 112%
8
105 5/B
98
93%
6
107%
98% 100
108
*—
1965
108
59%
59%
103 V* 103 (i
__1960
2
101 Va 101 Va
12
*._
_1948
*75
101%
te
85
.
__1995
A
Gen mtge 4%s ser B_i
Central Illinois Light 3%s
{ACentral of
100 Va
102%
108%
62
102%
103 (i
100
101%
101%
—
—' —
103%
100
101 Va
59 Va
67 Va
,
.-
A
ser
97 VB
112% 112%
i960
3%s debs (1947 issue)
§ ACent Branch U P 1st
gold 4s
Central
1965
114% 114%
—1981
Celanese Corp 3s deos
Celotex Corp 3Vis debs
66
41
stock (perpetual)
Carolina Clinchfield & Ohio 4s
Carthage & Adirondack Ry—
1st
33%
deb
conv
J-J
102
10
46
107% 107 VB
—
91 Va
'
-te
102% 102%
97%
98%
gold
*42%
100%
3
93%
'
gold
50
102
96%
100 % 101
Guaranteed
45
104
99 Vi
Guaranteed
*28
35%
103%
M-N
J-J
33%
*28
59 Vi
100 %
35 VB
26%
—
83%
35%
10
te
35%
*23%
te
78%
te
45
*32
87
101 Va
*
55
29
103 Va 103%
—
'te-
98 Va
38%
24%
85
■
99 Va
101 %
101
—
79
*101%
M-S
97%
97%
101
90
56%
96 %
103 Vi
32
California
26
47
87
'te
78%
J-J
M-N
1
6
*83
F-A
Bush
94%
•
—
99 VB
*83%
121%
102%
te—
98%
*101 ('8
A-O
100
120
■
98%
A-O
29%
96
98%
M-S
—_____1955
JJ_____
95
100
*
101 % 101 Vi
M-N
1954
29
-
*103% 104
J-J
—.1968
27%
86 VB
*100
120%
29
J-D
M-N
97
332
45
A-O
M-N
63%
Bklyn Union El 1st gold 5s
_1950
Bklyn Union Gas 4s debentures1969
27%
33%
62 VB
63
44%
RR—
Bristol-Myers Co
30
27
63 Va
54%
54 Va
62
—
2
54%
8
Steel
Cons mtge 2%s ser
Cons mtge 3s ser K
Bush
27%
90
30
,
43%
J-J
Beneficial Indus Loan 2%s debs___1961
3%s s f debentures——
1964
31
45
95%
62
A-O
AC
19
88
84%
44%
J-J
3'/as
II
9%
11%
80%
15
J-D
A-O
4%s
6VB
35
58
May
1985
L,
1st
5s
15
55%
'
A
D
ser
—
Extension
mtge
9%
55
.1951
mtge
5%
—
ser
4s
mtge 5s series
14 Vi
56
54%
54%
Va—
A—
1st
lac*
.'. "54%
47
-1999
A
series
1st
6VB
87%
32
-1936
Pl"an
4s
Feb 1 2010
West
&
30 Va
8
13
83
87
fixed
—due Dec 1 1995
income
20%
461
Plun*A
2.5%
J—
conv
17%
10
82 '/a
•
32
-2012
8s
40
82 Va
87%
;1951
Cons
Vi
103
A-O
A-O
fixed
:_due Dec 1 1995
26 V8
28%
Plan A
2%)
84
[4%
Canadian Pacific Ry—
Plan A
89
July 1975
B
stamped
AInc
*35
F-a
pursuant to
110%
103 % 103%
Line
G
Creek
1st
11%
J-J
2012
to
103%
103% 103%
Telephone of Pa 5s series C__ 1960
21 Va
A-O
reduced to 2.375%)—.
-2001
extl secured s f
-1957
Stamped
.94
contingent interest!—
lien
4s
Beech
Bell
21 Va
*33
3%
ref
17%
*13
J-J
J-D
~
Plan A
Con
17%
J-J
(Int
to
92
28
299
Bangor & Aroostook RR—
52
*11%
Plan A
2%)
to
36
96%
104%
55%
54
1946
(Int reduced to
2%)__
-2012
A7s external loan of
1926—1"* -1966
Stamped pursuant to Plan A
(Int reduced to
2.25%)__ —2004
7s 1967
stmp pursuant to Plan A
(Int reduced to
2.25 %)__ -2004
A Rome
(City of) 6 Vis
-1952
ASao Paulo
(City) 8s
III* -1952
pursuant
94%
103%
104%
96%
104
55
20%
2006
_
reduced
941/4
96%
104 Vb
M-S
1st
94
'
Plan A
8s
to Plan
reduced to 2.5%)
external sink fund
(Int
94V4
J-D
J-D
M-S
20%
13
(Int
Stamped
101% 102%
95 Vb
103 %
—
Air
ser
S'western div
95%
*15
Stamped pursuant
y,A6Vis
102 Vi
A-O
J-D
20 Va
A-O
to
101 VB
J-D
due Mar 1 2000
20 %
A-O
Grande do Sul (State
of)—
8 A8s extl loan of
1921—
Stamped pursuant
359
fxd & 1 % % cont int) —1980
Toledo Cincinnati division
80
*12
F-A
to
92
due Mar 1 1996
20 Vb
A-O
1953
Stamped pursuant
96%
88 %
contingent int)__July 1975
gen mtge 5%
(2% fixed
Bethlehem
Rio
A6s
94%
26
K__
20%
20 Va
A-O
2.375%)—2001
to
58
91
interest) —
1st
1947
6Vis
reduced
96
90 Vi
(3 Vi %
83
97
—~"l968
7s
to 2.25%)
pursuant to
95%
90%
M_-_:
Ref
96 VB
35
M-S
196-1
(Int reduced
AExternai
Stamped
95%
A-O
Ref & gen mtge 6%
(2%%
and 3%% contingent
98
80 Va
110
5%
Pgh Lake Erie
93
33
93%
*84
M-S
1950
to Plan A
pursuant to
A-O
J-J
J-D
4s scr A___
Series
88
32
98
>102%
A-O
(Int reduced to
2.375%)
7Vis 1966
stmp pursuant to
.aJ1^ r(!duced
IA Rio de
110
A-O
(City of) 8s_
pursuant
92
1%
&
A4Vis
83 %
*94
93%
M-S
__1940
External sink fund
gold
Porto Alegre
84
21
Series
38
25%
tete
1953
s
52
95
Series
54%
37
__
M-S
1959
assented
loan
assented
92
88 %
..1995
Series
11 %
V
25 %
~te
95%
J-D
ser.—1961
A4Vis assented
A
M-N
2008
ser
gold 6s
§AStabilization
A
1st
6s
82%
A-O
Refining 2%s debs
and
11%
38
.
A
to
s
75
94%
1973
4s
mtge
V
26%
*26 Vi
J-D
-1955
APernambuco (State of) 7s._
Stamped pursuant to Plan
(Int
84%
__1962
mortgage 3%S—
1st
9%
9 >
50
50
*26%
M-S
.1956
(Republic)—
A
Stamped assented 5s
Stamp mod 3 (is ext to
sec
80Va
99%
*82
Topeka & Santa Fe—
and
"10%
11%
45
M-S
-
11957
(City) Sink fund 45/2s_
Ext
80
98%
—1969
1st gold 4s—1.
1st mtge
Panama
§
101Vi
78%
5%
-;
-1965
loan
a
100 %
—
99
87
1987
—
W Products Co 5s
Ref
10%
.2008
4Vis_
CAU
*101 Vb
107 %
7
4%
57
104%
104%
14
94%
1957
debentures
1st
%
104%
106 %
87
1982
debentures—__
1st
36
„
106
M-S
_1961
_
debentures——.
Atlantic
6%
47
*40%
106 Vi
1986
__i
General unified 4 Vis A
§ A Atlantic & Danville
Ry
JSASecond mortgage 4s
11
8%
—
Plan A
external
URUK
9%
companies
1975
debentures
Ann Arbor
9%
5
40
—
-
Oslo
14
5%
B
A-O
-1959
.u'
,(Int reduced to 2.125%)
Netherlands (Kingdom) 3%_
Norway (Kingdom of) 4,/as
sink
15
F-A
——1980
debentures—
conv
3s
I.
to
2030
Amer Tobacco Co deb 3s~2__.
4%
J-J
-1958
*»
External
4%
3-j
Plan~A ~
2.125%)
Stamped pursuant
5s
debentures
3%s
11'A
*4(4
5
j-J
_Il963
f 6 Vis—
to
34%
6
*104
J-J
J-J
„~~Il952
pursuant
75
1
8%
Telephone & Telegraph Co—
2%s
(State)—
Sec external
(Int
J-J
deb
debentures—
conv
__________
(1942 agree)
(City of) 6%s
Stamped
J-D
"1963
_
—
——____
New ass'td
Mirias Geraes
10%
11
(ass' td
ASmall
,
102
.
1913
agreement)
ASmall
A6s
10%
10%
M-N
J-D
debs
41
'
7%
__
89 Va
26
Baltimore & Ohio RR—
(1942 agree)
5 A Treasury 6s of
81%
70
12
industrial
a-o
1967
and
1966
Airlines. 3s
2%s
100
"4%
*9 Vi
1945
1922
85%
1
8%
.
87
79
4
86%
83%
_
_
0
Stamped 4s
Atlanta & Charlotte
107/a
1954
92
130
81
'
—
87
*-_
American
15%
J-J
1968
__.
ass'td (1942 agree)
(assented to
"3%
M-S
60
37%
to
agreement,!;
A4s
§A4s of
39
^
te
12
A-O
General
__IIIIII*
1904
90%
"
te
A-O
Atchison
___
ASmall
A4s
A
—
1952
debs
37
7
5
28
Q-J
1953
(1942 agree)
86
87
—
1956
Mfg 2s
Atlantic Coast
^
15%
11
130
85
*74%
Albany & Susquehanna RR 4%s__1975
Alleghany & Western 1st gtd 4s__1998
46%
_
ass'td
F-A
J-J
Allis-Chaliners
.
ALarge
A
*4%
"4%
7s—
mtge
Amer
Q-J
agree— 1945
__
*84
F-A
3%s
.___
1922
10%
"
6
3
*86
1958
3%s_—1972
2%s
M-N
A
M-N
F-A
1st
__
§A5s Assented
91%
84%
84 Va
J-D
1958
7s—:
.
16 Vi
101% 101%
j-J
1945
n
'
135
*121
M-N
railroad
A P
due
11
91%
A-O
Southern
1968
_____
1978
—1984
Great
(Republic of)—•
§A5s
1978
Power
1943
,____
91%
M-N
1979
—1979
external
28Vb
4
3.9
A-O
agree_. 1943
10%
5%
11
1937)—
Alabama
16%
234
A-O
agree)— 1968
9%
J-J
1952
assented
35
*130
readjustment
extl
9%
20%
5%
*126
conversion—
2%s
_
(1942
54
9 Vb
b-A
readjustment.;
27%
34%
56%
J^D
1950
38
*5%
M-N
Alabama
26
*42
J-D
Irrigation—
g A4 V2s
62%
■
1960
6s_
2%s
Metropolitan Water Sewerage &
Drainage Board 5%s
55
55
5
—1964
sink
39%
■
33
*31
J-J
48
'
9%
J-D
iuo%
■
*100%
<
53
9
'
M-N
J-J
—1977
53%
9%
J-D
7s
10%
1977
3%
66 i
12%
9%
M-N
1958
,—1958
extl
AVenetian Provinces 7s
14
10iVi 102 Vb
—
——1962
extl
sec
3% -4 (4-4 ^ s extl conv
4-41/,.4y2S extl readjustment
52 Vi
11%
M-N
Sydney County Council 3 Vis—_—-1957
§AtJruguay (Republic) extl 8s—1946
77
j
High
—
1962
assented-—
American
to
B
3%-4-4%s
46
20
2012
(Kingdom)
external-——
(Prov of)
External
50
Utility—
1%
*51
2%)
reduced to
secured
AExternai
10%
1947
Ciedit Institute
External
M-N
1960
§A7s series B
A
M-S
l-3s____1977
Italian Credit Consortium for
Public Works 1% to 3%
Italian
A-O
8s
64%
75
Low
58
__
(Int
74%
114
*„
I960
5s
f
s
*61
AExternai
58
1964
ext 6Vis
extl
32
83%
'40
J-J
1949
7s
extl
(Republic)
90
82%
76
1968
Free State
*50 %
J-J
—
Serbs Croats & Slovenes
81%
J-J
1967
paid
Italian
15 Vi
63
52
1
22
89
J-J
7s
.
Helsingfors (City)
J-J
a
l'la'/b
63
M-S
—1968
External
paid
part
A 6s
58%
•
J- J
Jan 1, 1976
Jan 1, 1976
of)
*47
Government—
A 7s
Irish
94
Jan 1, 1976
$
(Republic
Republic
Greek
J-J
VB
Jan. 1
No.
Stamped pursuant to Plan A
—
$
extl
AEstonia
A-O
,_1942
1962
extl
12'/a
lbs
6
63
Range Since
Sold
High
i
—1956
loan
water
6s extl dollar loan
79
106% 107
Bonds
Bid & Asked
(continued)—
(State)
extl
42%
79
14% -15 Vi
J-D
A
42
77%
M-N
1977
_
41'/a
Week's Range
or Friday's
Last
Sale Price
Stamped pursuant to Plan A
(Int reduced to 2.25%)——2G04
%
78Vi
77%
1955
20-year
Salvador
42%
-
._1960
4s
43
183
*41
M-N
Cuba
El
35 Vi.
*41
§ASinking fund 7s of 1926
gASinking fund 7s of 1927
Copenhagen (City) 5s
25-year gold 4 % s
f A Denmark
75
*41
$
5 A Colombia Mtge
75
70
42 Vi
75V8
70
12
75
39%
75%
Bank 6%s
f
s
J- J
75
a-o
Period
Low
a7s
1
75
Oct 1961
Jan 1961
i
Exchange
High
San Paulo
1928
of
3s
High
Low
No.
Interest
BONDS
New York Stock
Jan. 1
(Republic of)—
A 6s
A 6s
APRIL 29
ENDED
Range Since
Sold
1949
RECORD
BOND
FOR WEEK
Monday, May 2,
Friday
Bonds
Bid & Asked
Low
Colombia
FINANCIAL CHRONICLE
Week's Range
Friday
Interest
BONDS
New York Stock
&
COMMERCIAL
THE
gold
60%
Jan 1 2020
Jan 1 2020
1966
5s
1987
1987
1987
iqrt
59%
*62
44
43
*108(4
61
54
65
„
44
V2
—
72
42
52
108
71
103
51%
53(4
140
49%
51%
53 Vi
109
49%
78
48
70
*46 Va
—
78 Va
Number 4799
169
Volume
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1905)
29
NEW YORK BOND RECORD
RANGE
Friday
BONDS
Interest
New York Stock
Exchange
Period
York
New
Central Pacific
&
1st
Friday's
or
3s
A-O
gtd gold 4s_1949
1st ref
__1974
F-A
1 1949)
to Aug
3%s
mtge
_1974
R
A
&
1st
Div
consol
2d
gold
cons
gold
4s
No.
5
102 Va
1
99%
101%
103 y8
1051/4
100%
101 y2
103
loo y2
ioo,°ff
East Tenn Va & Ga Div
101 y4101 y4
104
1(J4
J-J
ldt
101
101
9
M-S
125 Va 125 Va
M-N
100
F-A
1st 5s
1956
M-N
1995
J-J
*145%
1970
M-S
*104%
_^1965
A-O
1965
A-O
El
Paso
1
122%
128
&
___
Range Since
Sold
Jan. 1
No.
Low
High
31
97
100 %
Gen
£9%
23
97
100'/a
1st cons
105% 105%
lUii%
112 '/a 112
&
8
—
105 y8 105 Va
*105
112
-I
105
105 >4
103%
106 V*
112 Va
__
y8
1
„
Erie Railroad Co—
99% 100
mtge 3V4s ser E
39
104 y4
105%
1st
mtge 3y8s ser F
inc 4y2s ser A—Jan 2015
mtge
cons
J-J
*120
127
118
120%
1st
cons
J-J
*112
116
110%
llOVa
1st
cons
13
109%
20
109%
.1964
1990
2000
1953
-1971
J-J
64
64%
44
A-O
99%
99%
11
J-J
81%
81%
5
80
89%
J-J
80%
80%
5
80
87 Va
99
99
64%
64
72
95%
99%
111
111 »/4
Ohio
J-J
110%
110% 110 ¥4
F-A
111
111
111 Va
100
100 VB
1st
&
1st
&
ref
mtge 3Vas_
1985
F-A
6
98 %
1st
&
ref
mtge 2%s
1970
F-A
9/1/4
97%
13
94 ¥4
J-J
36 Va
37V4
46
36 V8
46 Va
1985
M-N
741/4
75
Chicago & Erie 1st gold 5s
..1982
Chicago Gt West 1st 4s series A___1988
M-N
3y8s
mtge
H
mtge 2s ser
Div
1st
G
ser
3y4s
mtge
M-S
*99
M-S
98%
1997
Chicago
&
A Gen
1st
Eastern
mtge inc
mtge 3%s
B
1st 5s
Southwestern
stamped
99
99 y2
J-D
1958
series
4%s
Bonds
High
(NY) 1st cons gold 5s
Elgin Joliet & Eastern Ry 3!/4s
Ed El 111
5s
Chicago Burlington & Qiiincy RR—,
ref
Low
1989
General 4s
Friday's
101%
45
or
Bid & Asked
103%
100%
Sale Price
High
13
Last
Period
New York Stock Exchange
Low
Week's Range
Interest
BONDS
Jan. 1
1989
4s_:
21)
Range Since
Sold
High
103
100 y2
F-A
Champion Paper & Fibre deb 3s__xl965
Chesapeake & Ohio Ry—
General gold 4%s_____
1992
Ref & Impt M 3%s series D
1996
Ref & impt M 3%S series E
1996
Ref & imp M 37/es series H
1973
APRIL
*
F-A
__1968
B-_;
ser
ENDED
Friday
Bonds
Bid & Asked
series A
ref
(4*4%
1st
Power
WEEK
Week's Range
Last
Sale Price
Low
Central
FOR
-1977
101
111 RR—
5s
conv
B
ser
AGen inc mtge 4!/2s
.
<
*75
76
*119%
J-J
67
68
J-J
*54
61
J-J
Jan 1 2038
79
*
42
79 %
6
1203A
4
62%
77%
54
A 1st
mtge 4s inc ser A
Jan 1983
Chic
Milw
1st
St
Paul
&
mtge 4s ser
Gen
mtge
4 %s
conv
Pac
■
—
85%
85%
mtge
1st
99%
99% 100
19
99 34
Apr
53%
53 Va
54%
42
53%
Jan 1 2044
Apr
45 %
45
45%
125
44%'
54
•
53%
Apr
53%
Chicago Rock Island & Pacific Ry—
1st mtge 4s series A
1994
54%
90 Va
J-J
91
j-j
Apr
J-D
*103
1951
1951
91
j-u
Memphis Div 1st gold 4s
J-D
Chic Terre Haute & S'eastern
Ry—
1st & ref M 23/4-4'/4s—
1994
Income
23/4-4V4s
51 Va
86%
91
J-J
1994
90 ¥4
104
103
mtge 3 %s series F
1963
J-J
1st
mtge 27/8s
1963
J-J
&
West'n
1st & ref
G
ser
Indiana
4s
conv
1952
IOIV4
102
75
M-S
1975
105
"4
72%
A-O
105%
11
103%
101%
102V2
29
109
12
Ry
5y2s
4yas
1952
J-J
109
1973
J-J"
122
D__
1976
J-J
B
series
109 VB
122
5
120
123%
118 Vb
9
116
118 Va
93%
94 34
12
93%
97
92%
93%
4
92 Va
94
88%
88 34
1
86 %
J-J
mtge 3 Vis
ser
O—
2000
J-J
mtge
2%s
ser
P
1982
J-J
mtge
2%s
ser
Q
2010
J-J
78
78
mtge
2y4s
ser
R__—
.1961
J-J
951/4
95%
7
103
ADebentures
100
101
Mobile
1st
&
Gen
1st
106%
13
deb
West
ctfs
ctfs
A__
4s
ref
Ohio
series
inc 5s
mtge
&
Gen
ref 3%s
92%
•
Feb
B__
&
~I
8%
78%
96 Va
62%
8%
A-O
90
75
94%
1
20
*64
Feb
1959
110%
109
122
1990
&
1007/8
118
N
Bay
87
99 Va
Co—
series
Greyhound Corp 3s debs-:
104 Va
22
103V4
100% 100%
1st
(B F)
ser
A Green
103
103
100%
100
82
1
Gen
106%
1
102 V2 102%
102%
M-N
Co
84
Gen
77
69
77
101% 101 V2
J-J
1962
4V4s series D
105
mtge 2%s_1965
—
84
3y8s
Gulf
1st
*99%
M-S
59
104
100
J-D
1
Gen
103 7/g
Chicago Union Station—
Chic
65 %
102%
-1969
104
mtge
•
1
69 V2
63 %
103
55 %
Gen
98 Va
U'w.
*76
j.j
104%
54 Va
76
_1949
General 5s series C_
106%'
103
52
101'A 101'A
103
101%
61
Gen
20
91%
25
103
104
of Berg Co cons 5s
Northern
General
59%
32
*101
Gold 3%s
91
103%
58%
Realty & Utilities Corp—
Goodrich
184
106% 106%
A_Jan 2019
ser
.
M-N
1956
Sugar coll trust 6s
General
Chicago St L & New Orleans 5s___1951
103
*102
59
M-S
deposit
of
A4s conv inc debs
Great
1989
mtge conv 4%s
General
65
mtge 3s ser B
AGen
Francisco
Gas & Elec
j.j
inc 4%s___Jan 1 1999
conv
Certificates
103
J-D
M-S
94V4
1 03 ¥a
1994
Chicago & North Western Ry—
2nd
A
M-N
1959
1974
4%s
1st
51
4
A__Jan 1 2019
ser
B
ser
85%
RR—
A
4%s inc
inc
J-J
1961
debs
3s
Rub
&
Coast
65%
42
Chicago Ind & Louisville Ry—
A 2d mtge 4%s inc ser A____Jan
2003
Chicago Indiana & Southern 4s___1956
East
1st & ref 5s series A
87
75%
Tire
tFlorida
A
118
__
J-J
Firestone
70 V*
10 ¥4
8
100%
*100'/2 101%
103%
RR—
B
1975
J-J
_^„1969
A-O
98
Jan 2044
D
seris
J-J
July 2015
Apr
55
...
A
ser
mtge inc 4s ser B__
Collateral trust 3%s___
1968
2
>
101%
97
3
66%
74
98 'A-
4
95 %
99
55
*-0
67%
98%
V4
M-N
1Q7«
100
67%
J-J
1976
100
56
53
61
*98%
65
—
.
Cine Gas & Elec
•
1st mtge 23/4s
1st
mortgage 2%s
Cincinnati Union Terminal—
1st
mtge gtd
1st
mtge 2%s
1978
F-A
1974
F-A
102 3/a 102%
1966
J-D
*94
i__1961
J-D
General
gold
4s
General
5s
&
Wab
St
Louis
1993
impt 4%s series E
Louis
Div
Div
Terminals
Corp
62 %
M-N
8IV4
81 Va
4
8IV4
87%
Hudson Co Gas 1st gold 5s
^___1949
Hudson & Manhattan 1st 5s A
-1957
J-J
106
lO'jVa
15
1041%
106 V2
J-D
105'/a 105V4
2
104 >/4
F-A
A-O
A-O
*101%.
9.7%
70
25
97%
*
105%
108
10
104
106%
102% 103
105'i*
11
102
103 %
18
44
Illinois
50 ¥4
44 %
45%
M-S
45%
1
103'A 103'%
103%
101%
29
1st
3V4s
1970
M-S
1955
F-A
1031/2
*106% 107%
1st extl 4s
*105
1st
..
Bell
Consolidated
Cigar
Consolidated
1st
ref
&
Edison
&
ref
1st
&
ref mtge
1st
&
1st
New
2%s
gold
4s
gold
3 y2s——
3s series
ref
mtge
Consolidated
Consumers
1st
gold
3s
Purchased
Continental
Baking
*100
104%
101
23/4s
1975
94%
12
98V2
102% 102%
102%
Steel
1st
mtge 3'/ss
§ACuba Northern
A Cuba
RR
.-1966
14
36
10
;
.
1st 5s
1952
■:
J-J
103%
lOOVa
99
J-J
T946
series A deposit rets
§ AGs series B deposit receipts
J-D
333/4
1946
§A7%s
28
J-D
28
33%
*33.1/4
98%
98%
99
17
56
124'/a
98 »/2
95
90 Va
96
103
61
67V4
21%
25Va
a
.
34
101%
101 Va
93 V4
18
95%
52
31%
—4. '■
36
79
27
28%
80
25%
.
301/4
33
35
35
32 »/4
6
33%
*__
*101%
*101%
104
103
—
A-O
102%
102% 102%
M-N
104%
104% 104%
J-J
101%
„__1952
1953
*35
103
1011/4
103
M-S
gold 4s_____
101%
__
70
6
1013/4
103
30
103%
105 ¥4
101%
8
100%
101%
102% 102%
3
100 ¥4
103
106
M-N
M-N
35
.1966
F-A
J-D
6
105 Va
791/2
107%
101
gold
3s„
3s________1951
Div & Term
gold 3s
Cent
Joint
1st
1st
and
1st
ref
Illinois
101 Va
102%
100 34 100%
100%
100 ¥4
100 Vb
100%
102
J-J
*100%
1951
J-J
*101% 102%
101 VB
3%s—_1951
gold
1st
1st
Chic
J-J
"'101%
101%
101 Va
F-A
*102% 103%
102'%
103
*100%
gold 4s_;
St
^__1951
L
Terminal
N
O—
J-D
94 %
93%
94 %
J-D
86%
86%
86%
6
86
J-D
83
83
2
81%
Ry
D____^^_>__1963
4s
ser
1st gold
Great
A
1st
Adjustment
83
A
1970
J-J
*„
4s
1950
J-J
*100
Northern
87
100
100%
100%
66
J-J
A 1st gold 5s-series C_
__1956
§ AInternat Hydro-Elec deb 6s__2.„1944
Int Rys Cent Amer 1st 5s B__
ia72
J-J
A-O
Jamestown Frankl & Clear 1st 4s
J-D
6s
series
5s
——
10034
*89
J-D
1956
A 1st
93%
98
97%
102
99 Va
*
_1986
_r.__^_-^.__1952
series A___July 1952
A
•
41
68%
32
59
69 3A
23%
24
33
21%
26
53%
63
RR—
J-J
series
6s
92%
1963
__1963
Indianapolis Union Ry Co—
Ref & Imp 2%s ser C___
{International
„
C
series
4s ser
mtge
&
_x
series A
5s
4%s
Indiana 111 & Iowa
"
lOOVa
*101% 102%
100%
103%
100¥a
1951
:
ref
ref
88 ¥b
103 Va
*100% 103%
.
F-A
3%s
&
82%
43
*103
F-A
1st
gold
106
81%
82
J-J
Div
1st
Registered
111
106
J-J
Div
A
81%
99%
97
102%
*99% 104
J-J
»_,1955
Western Lines
102 %
47
50
*79%
__
J-J
J-D
1952
5s
Springfield Div
107 Va
101%
-
gold—
receipts ■___
§ADeposit
9G
33 Va
33%
J-D
*94
*48
.
J-D
106
Omaha
102%
105%
15
101 Va 101 Va
M-N
1st 5%s____1942
Ry
§ A Deposit receipts
23
Louisville Div & Term gold 3V2s_1953
96%
■
Crucible
22 Va
1951
100
102%
'
317
101 Va 1011/4
IOII/4
M-S
J-J
22%
1950
St Louis
98%
1021/4
**1'
'
:
1021,4 102%': ■'
A-O
debs____^_1965
3s
15
105% 106%
1061/4
J-D
1968
96%
99%
*.102% 103 Va
M-N
J-J
1963
96
21
981/4
96
J-D
1972
Gas
__
99 %
96 Va
A-O
A-O
__1951
3'/as.*
trust
Litchfield
Gold
97%
61%
A-O
Cairo Bridge gold 4s
102
98V4
61
J-J
gold 4s
lines
Collateral
106 »/a
A-O
1979
1st mtge 27/8s
97%
121'A
101 Va
51
61
„_1951
4s
104 Va
106
M-S
92%
1955
Refunding
104%
103%
106 VB
1972
D_
Natural
104
106
*103%
91%
*101% 10214
,_1951
gold 3y2s___
sterling
trust
105 Va
F-A
1977
3s ser E
Power
,
J-J
___1982
debentures
conv
104
104% 104%
104%
T
91%
M-N
1951
1st
Collateral
York—
C
ser
■
—
1965
mtge 2%s ser B
ref
&
of
1
w
1981
B
1st
107V4
1961
3V4s__;
-
RR—
1st
105%
1951
mtge 23/4s ser A
1st
3s
Corp
104% 105 Va
104%
J-D
,_1978
f 3%s A__.
s
F-A
1977
Ry & L 1st & ref 4%s
:
1978
Telep 2%s series A
Central
Extended
Co—
mtge 3s series N
Conn River Pwr
•*
F-A
Feb 1957
Debenture 4%s
mtge 3s series L
Conn
5s
1st mtge 3s series
Refunding
1st
f
s
income 5s—
Illinois
103%
106
105% 105%
A-O
1973
Commonwealth Edison
'
98
'5
14
Corp—
.1971
Toledo
96%
5
97%
101¥4
97
105% 106
105 Va 1051/2
r
Coal
AAdj
System, Inc—
&
101 %
—
V
M-N
Columbus
103%
101
105»/4
1980
El
J-D
Hudson
57
4-0
Ohio
1962
68 Va
1
A-O
Sou
series A
56%
57
1977
&
*96V4
1961
debentures
97
103
—
*124 Va
J-J
58%
1973
Columbus
J-J
1970
1950
debentures
97%
ia9y
2%s
57
Co—
mtge 4 V2s series C__!
Colorado & Southern Ry—
4%s (stamped modified)
3V4s
1st 4V2s
Finance
57%
57%
mtge 5s series B
Gas
Hocking Valley Ry
1932
1st
3%s
M-8
J-J
1st
Columbia
86V4
75
v~.
*101%
—
H
1st mtge 2VaS__1976
J-J
1972
Electric
95
81%
j-D
mtge 5 %s series A
&
74¥a
*__
95%
101%
110
79
10
J-J
Household
J-D
*
1st
Gas
80 ¥4
1969
*_-
*103%
102%
99
92
80%
debentures
1990
4s
mortgage 3s
Cleveland & Pittsburgh RR—
Series D 3%s gtd
Cleve Short Line 1st gtd 4%s
Columbia
"I
2%s
'
1970
trust
1st
Union
106 %
__
M
1st
3s
1991
4s
Cleveland Electric Ilium 3s
Cleveland
*109%
Util
1977
1st
coll
1st
States
1st mortgage
Hackensack Water
B
Mich
Gulf
1021/4
Ry—
1993
series
&
1021/4
--
1969
&
Cin
—
G—
ser
Chic
St
J-J
3%s series E
Cin
Ref
100% 101
3s
City Ice & Fuel 23/4s debs
City Investing Co 4s debs
Cleve
101
B
23%
A-O
*61%
63%
62%
61%
62%
10
531%
69%
69%
69 34
49
67Va
70%
98
99 3%
*97
M-N
99
63
D
Dayton Pr & Lt
1st
1st mtge 2%s_.
mortgage 3s—
1st mtge
Dayton
Deere
N
Y
Lack
Lack
1st
&
West
&
1965
M
ref
5s
Income ritge
Morris
M-N
C
ser
Tr
Coll
4-6s
Delaware
1st
Power
mtge
Denver
1st
&
mtge
1%
coll
&
mtge
(3%
&
ref
Gen
&
ref
3s
2%s
62
63
63
*__
__
103
-~
/
107%
—
fixed
int)
series
89V4
90%
42
87
91%
Apr
61
60%
61%
75
59%
65%
1993
^
80
J-J
1966
M-S
:1958
J-D
104%
1995
1995
110
104 Va
98%
13
98%
105 %
75
66
71
64%
M-S
*88%
100
99 Va
J-J
48%
F-4
1961
page
31.
J-D
90
101
*102
103
*101
"
'•
101%
100%
A-O
105
104% 105
.1968
3%s series B
City Terminal Ry 2%s__„ .1974
J-D
104 %
104% 104%
Central gold 4s«-jW— .1987
Kentucky & Indiana Term 4y2s— .1961
J-J
.1961
*114%
J-J
j..
Plain
1961
unguaranteed
—.
■
J-J
.1997
98
J-J
A-O
•
■
•
„
105V4
99%
104V2
99 3A
.1964
A-O
ctfs
1959
M-S
1%
Laclede Gas Light 4%s conv debs—1963
M-S
112%
—
•
—
100 ¥4
114%
114V2
__
1
98
■■
*107%
1st mtge 3s—
Koppers Co
—
*97%
10l"3/4
103%
—
65
J-J
.1961
—
101
4
*99% 100%
A-O
101'A
37
.1975
1st mtge
96
96
*—
*100
•
..
.
__
100%
98
108
108
—
__
101% 101%
10
101%
103
1%
195
%
2
112% 113%
48
107%
115
109V4
49
107% 108'4
*69
J-J
see
98%
99 V4
■
*66 Va
l<m
For footnotes
77
9 6 V2
105%
108 34
J-D
J-D
M-N
1937
debs
2%s._
82
108%
4
98%
107%
77%
2
80
1041/2 104%
*108
M-S
J-D
fSADul So Shore & Ail gold 5s
Co
Southern Ry
Kings County El L & P 6s„—
1982
I
City
mtge 4s ser A
Stamped
1970
4s
2.35s
Kansas
1st
1st gtd
Kentucky
8914
Duquesne
Light.
—
J-J
& Tunnel 4%s
1961
Det Tol & Ironton RR 2%s ser B__1976
Chemical
69%
104%
& Mich
mortgage 27/8s__^
Kansas
Detroit Term
Dow
62%
9
63%
'103% 104
*
gold
Kansas
4%s
debentures.
conv
*60
2018
Detroit & Mack 1st lien gold 4s
ASecond
Kanawha
68%
(4%%
series H
3s
A-O
87%
60
—
—•
1%
contingent
Detroit Edison 3y2s series G
Gen
M-N
A-O
J-D
1977
—
Income
1st 3s. .1950
81 Va
85
1993
mtge ser A
contingent int)
Lake
J-D
66%
5
96%
fixed
A income
Salt
.1978
17
IO2V4
91
RR—
contingent int)
Denver &
101%
1st
West
(3%
A
ser
25
20
*81
'
M-N
1993
3y8s
tr
Grande
Rio
A-O
67%
985/a
K
——May 12042
Light 3s
—1973
&
gold 4s. .1990
City Power & Light 2%s_ .1976
66%
98%
66%
M-S
&
«* —
941/2
93%
93%
1959
Lt 27/8s—1.1976
Jersey Central Pow
•
101% 101%
Af-N
i
division
Essex
103%
div
due
&
1001/4
103V4
Co—
•
A
98%
1
100
A-O
—1973
RR
Western
&
J-D
1963
.
Delaware & Hudson 4s extended
19
98%
J-D
1965
B
99%
103% 103%
99%
J-J
1978
Ry 3V4s ser
2%s debs~,
Co
&
A-O
1978
3s series A
Union
Delaware
1975
99%
48%
101
10114
90
'
46
—
100
&
Toll
5s
1%
731/4
71
105%
88
89
97%
99%
99%
13
48%
14
46
49 Va
9
inn
101 %
101
{AKreuger
Lakefront Dock &
1st
RR Terminal—
3%s ser A
Lake Sh & Mich Sou gold 3%8
mtge sf
3%s registered
1968
J-r>
1997
J-D
1997
J-D
81%
75
81%
81
96%
75
75
74%
90 %
.
30
THE
(1906)
COMMERCIAL
&
FINANCIAL:; CHRONICLE
Monday, May 2, 1949
NEW YORK BOND RECORD
RANGE
Friday
Last
Period
Sale Price
Bid A Asked
Low
Lautaro
*
1st
Nitrate
mtge
A
1970
92%
89%
28
A-0
92 Vi
7
91%
99% 100%
12
99%
91%
97
& Putnam
N Y
92%
State Elec &
IN Y
96%
§ A General
88%
88%
93
§ A Terminal
62
607/a
62'/a
15
57
70%
63%
64
11
60
72'/a
M-N
33%
31%
41%
M-N
30
40
M-N
32%
Mianji gen 4s series A
Lombard Electric 7s series A
Lorillard (P) Co deb 5s
M-N
A-0
A-0
107
1966
3%s
F-A
A-O
M -S
M
3%s
H
ser
2003
74
Northern
Prior
lien
4s
103
3s
Ref
A
104/;
Ref
A
106%
107%
Ref &
8t
Louis Dlv 2d gold 3s
Atl Knox A Cine Dlv
4s
1
91%
7
79%
83%
99
12
98
99%
I960
M-8
*93
94
i960
M-N
108
108
92%
lst
(Wise)
109 y«
1997
109
128
128
81
19
128%
8
108 %
2047
J-J
*—
J-J
2047
105
52
99
J-J
M-S
87%
105
Va
98
34
101'/a
58%
88
'
-1974
15
'88%
88
87%
87%
__
101'/a 101%
F-A
1975
1978
*98%
A-0
3s
J-J
lst mtge 2%s_
99%
101'/a
98%
99'/a
31
99%
98%
99%
97
97
105%
106%
103%
__
19^7
J-o
*96%
1979
M-S
*102%
1979
debentures
95
95
56
99%,
99%
*101%
64%
61%
78%
10
Co—
mtge 2%s
2%s
106%
58%
80
*__
101%
61
65%
79%
2047
128%
112%
—
60'/a
60%
85
128
112
--
100% 100%
Q-A
1978
Power
*11
100%
Q-F
2047
75
—
Q-J
Jan 1 2047
;
lst mortgage 3s
Northwestern Bell Telephone—
3%s
108'A
79%
Q-J
3s
States
101%
108'A 108%
M-S
trust 4%s
lst mtge
lst mtge
93%
107%
_5
1974
1997
lmpt 4 Vis series A
lmpt 5s series C
impt 5s series D
(Minn)
94
80
99
99
91%
*102% 103
105%
103%
108%
A-O
4s
lien
98%
103 Va
M-8
registered
108'/a
107
11
75
97%
105
105
3-J
1974
gen
registered
General
50%
102%
1
98%
Pacific Railway—
26%
16
98%
3-J
F-A
Ry lst gold 4S-1996
A ref 5s
Gen & ref 4%s series A
123%
80
A-0
73
Central
91%
91%
A-0
73%
Northern
Coll
A-O
73%
M-N
Norfolk A Western
Northern
A ref M 3%s series
F_____2003
1st A ref M 27/es series G
2003
35
22
42%
Nashville RR—
1st
ref
Y
108%
107 Va 107%
5s
43%
35
49%
103
103% 103%
gold
Ref
M-8
107%
lst
39%
17%
A-0
107
1
107
5s
18
19%
2014
1
50%
107%
35
46%
7
103
gold
46%
45%
M-8
120
107
50%
63 Va
97 Va
106%
*25
1966
64%
3
125
103
50%
1979
Elec
68
'
107% 107%
*18%
35
13
107
M-N
J-D
1951
1st A ref mtge 3s
—
677/a
*123
1963
3s
35%
407/B
40
High
55
96
—
F-A
32
85
107%
Low
7
F-A
Norfolk Southern Ry Co—
A Gen
mtge 5s conv lnc
.
36
*97%
J-3
Telephone 2%s ser D
mtge 3yas ser E
Ref mtge 3s series F
Niagara Falls Power 3 Vis
128
33
*33%
40%
A-O
1952
34%
,
35
35%
M-N
1902
A
33
*32'A
N
3-J
1937
1937
1940
1943
1982
1978
1981
4Vis
90
•__■
2003
gold
897/a
*__
F-A
A-0
Jan. 1
No.
55%
Susquehanna A Western un—
§A2d
*80
.
F-A
2003
Uttie
&
F-A
2003
modified
debentures
Louisville Gas A
Gas 2%s
Range Since
Sold
High
55
J-J
1963
Steam Corp 1st 3%s
Y
101%
J-J
Lehigh Valley Terminal Ry ext 5s_195l
Lexington A Eastern Ry 1st 5s
1965
Liggett A Myers Tobacco 5s
1951
A
99%
2003
4Vis stamped modified
4Vis registered
Louisville
F-A
2003
registered
stamped
1993
1977
gtd 4s
1st cons
§ Alst refunding 5s
stamped modified
4s
1st
92%
Valley Coal Co—
stamped
1954
5s stamped
19€4
5s stamped
1974
Lehigh Val Harbor Term gtd 5s
1954
Lehigh Valley Ry Co NY 4%s ext_1950
Lehigh Valley RR—
5s
923A
Bonds
Bid & Asked
High
N
Dm
Sale Price
Low
Navigation Co—
5s
4s
Low
No.
High
Period
New York Stock Exchange
N Y
1975
reg
8 F mtge 3 %s ser A
Lehigh
Jan. 1
Last
Interest
BONDS
Range Since
Sold
Ltd—
Co
income
Lehigh Coal
Bonds
Friday's
or
Week's Range
or Friday's
Friday
Week's Range
Interest
BONDS
New York Stock Exchange
FOR WEEK ENDED APRIL 29
M-N
*105% 106%
—
—
__
--
M
Macy (R H) A Co 2%s debs
Maine Central RR
4%s ser A
1st
mtge
A
4s
con
1972
M-N
I960
3-D
70
_19M
B
ser
3-D
*92
Manatl
Sugar 4s sink fund-.Peb 11957
Manila RR (Southern
Lines) 4s
1950
May Dept Stores 2%s debs
_1972
Mead
Corp 1st mtge 3s
—1960
Metropolitan Edison 1st
mtge 2%sl1974
Bell Telephone Co—
3Vis debentures
Michigan
Michigan Central—
Jack Lans A
Sag 3V4s
-1st gold 3 Vis
>
1951
-1952
uf & lmpt 4 Vis series C
,c®lga" Cons Gas 1st mtge
1st
II1979
««
noo%
,100%
69
3
ioiy4
71 ya
92
__
70%
95
95 *
O
fOgdensburg A Lake Champlaln Ry—
IA lst
guaranteed 4s
Ohio Edison lst mtge 3s.
*
M-N
88%
9iya
M-N
*_1
3-J
J-D
*100%
101%
85 Vi
91%
97
98
687/s
97%
M-N
91%
I:
17
15
97%
100%
20
101%
lst
A-0
*104% 105%
M-8
*99%
M-N
103%
73 Vi
73%
.
.1969
M-8
—1964
M-8
*Midland of N J 1st ext 5s
M,lnlng * Mfg 2a/**
Minn St Paul A
1940
*__
♦103%
A-0
61
100
102%
__
j lst A ref 3%s series I
107%
100
99
103 Ya
Mo
A
ser
ta®
Kansas A Texas
lien
40-year
Prior
lien
♦mi.
,
5s
4s
61 %
55%
*101% 102%
101%
62
102%
1 Missouri
82%
__
J-D
46%
10
46
3-3
71
21
68
A
J-3
I__1978
D
J-3
Jan 1967
25
80
8
64
63'/a
1
61 Vi
1968
F-A
52
66%
80%
82%
M-8
84
43
43 Vi
45
225
37%
310
75%
10
A1 st
A
ref
5s
series
F
1977
M-8
A
ref
83 Vi
82
5s
84 V8
series G
197§
M-N
83 %
82
84
^VfoM
5Vis
ser A
a«49
series H
ref 5s ser|eS
i960
JJJJ
l
Monon^ hMial°Se l8t gtd goId 4a
MoSl
f Ry 3V*s series B
MoUfi *! £hn' & Co 3s deb®
(W? i88" seriesgtd 31/a8
l8f A
Lonstr M 5s
24%
25%
95
84
52
75%
F-A
83%
62
*58
F-A
104
M-N
2000
3-D
1958
M-N
1959
M-N
10«6
M-N
1979
debentures
46 Vi
84%
A-O
iomm
IT2«Srry„Pro.du!^_2V'id'h;mX
l8' mtge 3*
N*,»a. Supply 2Vis
Tst
let
3s
N
RR
:*
84
137
75%
2
103%
59%
57
104
•101% 103
72
101
"•
NSI
«.
R
N°rtheastern
ImP 4yas
lst
aT P^eans Texas
series
53%
104
76%
72
72%
9
83
3
71%
'
j|o%
117%
10
75%
3-J
98
3-J
1934
1
98
i
T
98
103 %
98
91%
l£tge 4s
X
4Vis
*
A
93
B
..
F-A
J-D
—1986
•
1975
IZl951
J-J
"1073
ref intge
4s
ser
will
Rlver & Porfc
4s
A
2007
AQeneral
Ber A_2022
Chester—
_
? WC8t
4s
J-J
82%
1963
J-D
108%
1960
A-O
Apr 1990
Apr
conv
_I
Income 4s
1974
1980
1974
ref
A
ref
2%s
&
ref
2%s
Pgh Cine Chic
—
18
92VV
91
100
100
92 Vi
'97%
95
91
3
& St
98%
90.'/a
92%
99%
*96
99%
95
95 Vi
95%
70%
F-A
M-N
78%
91%
101
M-N
100
Public
3s
—
78
81
lst
lst
61
415
60
69%
1st
39
455
37%
48%
lst
3%
102,
3%'
10
'99 »/8
7%
JM
I
81?'
3 Va
■
98%
103%
11%
5
100.
&
&
A
A
ref
61%
16
104%
98%
114
116%
109,
109%
19
104%
106'A
99%
101'%
ref
ref
ref
mtge 3s
mtge 8s.
mtge
3s
17
101 %
8%
8
8'%
57
101%
102%
105%
__
105%
103%
103%
111
__
__
113%
110
__
2037
114%
3.
16
103
85%
85%
101
99%
107
108
89
101%
102% 102'/a
10
100%
103
101% 101%
10
101 «/8
103
*82%
84
A-O
F-A
;.
108
86%
81 %
92%
84
82'/a
92
85%
*83
81
92
108
109
108
J-D
J-D
J-3
,
100
J-J
.
*--
J-J
J-J
2037
J-D
1972
M-N
'
99%
*—
103%
*147%
*218
106%
102
99%
102% 103%
108
100%
106
102%
107%
*102% 103 'A
M-8
M-N
100
106'A 106'A
3-3
III_II_Il968
10
98%
103% 105'A
A-O
1983
1950
10%
102%
107'/a
103%
.101
102 %
105
17
'
102'/a
<91
98%
104%
*~
F-A
1903
mtge 3y4s
103 %
J-D
1
1977
Service Elec & Gas Co
debentures
104
A-O
1959
Providence Terminal 4s
100
72%
1«
J-J
I95f
mortgage 3 Vis
mortgage 3s
95
38
99%
1955
3y4s__1966
lst
60
99 Ys
debentures
1950
Pitts Youngstown A Ashtabula
Ry—
-1st gen 5s series B
;
1903
lst gen 5s series C
1974
lst gen 4%s series D__
I
I~1977
Pittston Co 5'As inc debs
1964
Potomac Elec Pwr lst
mtge
69
8%
*110'/a
A-O
__
103
5
5
96
■•J
1964
39
7%-
*103%
*107%
M-N
1975
60%
;
;
A-O
J-J
*102
1904
1973
May
7%
10
.
mtge 5s series B
mtge 3%s series K
100
13
s
108
*105%
F-A
1993
10
9
*105
M-N
.__1960
'
•»«*
109% 109%..
104% 105
1
*97%
J-D
II1957
J-D
1st
M-N
98%
9%
j-d
1953
23
mtge 4%s Series A
1st mtge 4%s series B.
1st mtge 4'/as series C
58
86%
104%
__
*101% 101%
Louie Ry—
lst
bi
94%
-
,'98
9
F-A
Pittsburgh Steel lst mtge 4y4s____195l
Pittsburgh A West Virginia Ry— ,
60%
49%
14
F-A
1970
3%s
-
1 00%
/;
3-J
Pittsb Coke & Chem lst
mtge 3%s
Pittsburgh Consolidation Coal—
5*%
50'A
3
*103%
116% 116%
__
__
3-D
A L Erie 27/as__l998
gtd 4'/as series J
Pgh Cine Chic & St Louis RR—
Gen mtge 5s series A
75
50%
98%
J-J
1978
Cons gtd 4s series F_
Cons gtd 4s series G
Cons gtd 4s series H
Cons gtd 4'/2S series I
81%
98%
J-J
>••.
102 '/a 102%
64%
98%
11%
102%
69
*49%
111
51%
13
100%
73
i>2%
106%
12
52%
13%
2
19
98%
F-A
1977
1961
52
101% 101%
60%
CI
33
I 12
108% 109%
101%
71
1
M-8
Ry lst s f 4s
1937
A Certificates of
deposit
Phillips Petroleum 2%s debs__IIIIl964
66%
11
13
F-A
1§ A Philippine
101 »/a
54%
%
52%
100%
145
54
87
99
P1%
51 Vi
82%
1
51
51%
102
2
100'/a 100%
A
lst
103%
110
54
101%
99'%
*
99'A
92
50%
82%
101'A
93%
58
83%
100
93%
100%
48
54%
110
27
100%
93%
5
66%
51%
106 y4
3
105%
93
-
103%
44
93
;
>
104
""92%
100
98%
35
95 Va
101% 102'/a
70
iqvi
Power A Light lst
mtge 2%s~1975
1985
r
108
105'A X
"
100% 100%
87%
51%
,
A-O
•93
3-D
69%
1954
4*IHjUnV 1992
F
99% 100%
104
1981
64%
3-J
2043
A
series
S.
102
11
54
J-J
b
93 <
93%
102
116
100%
90
M-N
2943
1984
100
104%
Z
100%
113%
M-N
66%
A-O
F-A
3000
A-O
3
17
M-N
69%
A-O
ser B
3-D
...
D.
103%
101'/a
1971
95%
52%
F-A
1999
H»rlLm^e C0DV lDC 4Vis
1st
53%
3-J
F-A
_1968
.—1981
B
102
•99%
1974
95
63
J-J
J-D
18
II 1967
93
27
103
__
100% 101
2%s
90%
93
6103
69%
104%
2%s
90
92%
J-D
A-O
'55%
103%
102
Cons
Tb
274
2%s
90
90
59%
ref
89%
30
59'
M-N
—-1952
3 Vis
59
ref
2
62
1973
.
104 V*
A-0
A
41
62%
Hartford
102%
104'/4
A
91 Vi
A-O
A
&
105%
100%
lst
89%
56%
B
Kavcn
1st
103
6
lst
91%
55%
series B
West 4s series
series
3
lst
90%
56%
gold 3V4s
series
105%
'104%
117%
90%
F-A
4s
mtge
Pittsburg Bessemer
Chicago A 8t Louis—
Harlem
105
102% 102%
.1965
Conv deb 3'As
Gen
gold 4s
1
Mtge
105%
102%
101%
103%
5
F-A
iaa»
series
98%
106
100%
__
100% 101
A-0
3*.C',&£lS"d »*«—
N
N
5s
96'/a
95%
113% 113%
5s series B
General gold 4'/as series C__
101%
99%
2
1993
1st mtge 3s ser F
v n°«nteCitlng RR 2Vis
Y Dock 1st
103
A-0
yas. series A_.
4'As series
Gen
3*» registered
4
lst
deposit
^w.^KV.old 3vk;---ja
M
100%
F-A
Philadelphia Co coll tr 4%s
Philadelphia Electric Co—
102
89%
A
ser
93%
9
i960
General
100
Central RR Co—
mtge 3y«s
;.7
1960
105%
89%
__
.8eries A—-—2013
Ne*7br*
Ref
94%
100
104%
102% 103
Light Co—
sinking fund 4Vis_
Gen
„
fr_~
.
.
Phila Bait A Wash RR Co-
103%
*103% 105%
deposit
K v
.
P 5s serles C
2013
NY >Central A Hudson River
RR—
General mtge 3 Vis
1997
'
94%
98
.98%
103%
■
M-S
1975
A
mtge 3s
f debentures
100%
117
3
,
106%
--
A
5
95
103%
M-S
I960
s
,
15
*97% 100 »/4
103
J-J
1952
Peoples Gas Light A Coke Co—
iooy8
A Mexico Ry—
/a8 series A
:
Certificates of deposit
E trust ctfe
104%
98%
5
*103% 103%
3-3
1933
4s series
Qrn mtge 4'As series E
.
103%
102
117% 117%
*80
M-8
1950
gtd 4s
»i.
Ref
.1978
.1983
X gold 4%s__ .1955
s
97%
•99% 100
A-0
debentures
5
*104'/2 105
A-O
104
17
100
100% 100 Vi
F-A
series
97%
J-D
1986
.1987
99%
__
104%
*106
F-A
1939
4s
.1985
Peoria A Pekin Union Ry 5%s___
Pere Marquette Ry 3%s ser D_
84%
33
100% 100 &
A-O
series D
of deposit
Cons
debs
debentures
103 VA
L
mm
100
M-N
1983
87
104
^Certificates
A
2%a
03% 104
*
debentures
General
,
A
93
21
100% 100%
M
Ne* York
Tel
A
General
81%
*102
J-J
1980
of
•99%
General
1
,
58%
13
*104%
A-O
l8^,4Vis
a
100%
J-D
1934
^Certificates
J-D
J-D,
Tel
Cons
102%
'."4
RR
B
a8«5s 8erles c
»jA Certificates of
103%
103%
Pennsylvania RR—
62%
54%
*84%
M-N
1974
series A
New Orleans
Term
101%
101%
.1980
f.
debentures
Peoria A Eastern 4s ext
J-D
1991
Power & L,ght 3s
®anS Great Nor 5s A
nr
101%
5
3
.1983
3s
A-O
^
Bel1 Te,eph°ne 3ViiHlS
»RR gtd lst 48
1966
?e®ang &
0
18
102% 102'A
97%
84
77%
103% 103%
3-D
1952
debentures
Nei wf
Sfl
102% 102%
102 % 103%
J-D
3s
104%
53%
93
3-D
1997
4 Vis
T
102%
103%
.1981
A
1934
4s
PS,Tel T T2 58 A~
series B
atd
gtd
103%
J-D
lst
84%
77
53%
F-A
1066
debs
1st gold
102%
J-D
Pennsylvania Power
27%
•
A St Louis—
ser
Nltlnn?! ?teel ,Corp
104%
5
J-D
Pennsylvania Glass Sand 3%s
N
N*ugautuck
106%
102%
102% 103%
*106%
.1977
Gtd
84%
21%
82
1958
Ununl f M 4 Vis series B
ml £H ftfte" Tel & Tel 2%i
•'tis
NV.lJVlSf Chattanooga
1st mtge 3s
B
106
J
Pennsylvania-Central Airlines—
A3'/as conv income debentures._1960
Pennsylvania Co—
'
24%
83%
M-S
Ikf
1027/a
.1979
3yaS debentures
Paducan A 111 lst
84%
'
75%
M-N
A-O
1981
1966
n
75%
54
98
105
104
...
A
95
104
36
J-D
.1974
3y4s
70%
73 Vi
a
iff ? re' g0,d 5s
104%
J-D.
3y8s
69 ya
67%. 68ya
69
69%
104
3-D
lst. & ref 3s series L
1st & ref 3s series M
1st A ref 3s series N
Pacific
85%
Co-
Afjin?/^58 SCrleS
General 4s
A
-A 1st &
79
63 Vi
A-O
:l
98
.1971
lst & ref 2%s series Q
1st & ref M 3.%! ser .R
74%
79%
16%
103%
96
.1970
& ref 3s series K
/lst & ref 2%s series P
,
yr '53%
69
71
*97% 100%
104 !
A-0
2%s
1990
1990
A
1st
87
46'/4
'
B
series
RR
*82%
J-3
1990
A_
adjust 5s series
Pacific
3-3
RR—
series
series
4yas
JaD
1st 4s
Mlssourl-Kansas-Texas
Prior
Jan 1971
A
*er
14
.1960
lst A ref 3s series J
1st
(
Sault Ste Maria—
mtge 4 Vis Inc
11%
100%
2
-
3-D
A..1960
ser
14%
OK
Pacific Gas A Electric Co—
81
105%
♦106% 107%
A-O
1967
»
1st
;_1978
3s
'
<Qft
102
1
M-8
F-A
1973
3y4s
*12
102% 102%
"
98
100
101%
66
74
A-O
105%
100
__
*101 % 102
J-3
M-8
1973
A Electric 2%s_.
mortgage
J-J
1974
2%s
Oregon-Washington RR
3Vis.l969
mtge 2%s
1st mtge 3%s
mtge
Oklahoma Gas
103,-
100 Vi
__
101% 101%
1st
1948
108 %
__
220
*104% 105'A
99%
66
5
99%
101%
103'A
107%
108 Va
146%
148
215
215
104
104%
COMMERCIAL
THE
Number 4799
169
Volume
CHRONICLE
FINANCIAL
&
(1907)
NEW YORK BOND RECORD
FOR W
RANGE
Period
Stock Exchange
New York
Last
Sale Price
Bonds
Friday's
or
Bid & Asked
Low
High
Low
No.
High
861/2
3
103% 103 3 4
861/2
1
'
u-s
Oil
MS
—
——
■
—
.
Union
.
"106
MS
0
J-J
V
w
^ 105%
—
c-^
CO
11
J-J
11
4
United
12%
8%
S
Skelly Oil
A-O
3s
debentures
Indiana
Southern
Pacific
Pacific
3%s
ser
Co—
RR
Vandalia
mtge 2Vis series P
series G
Ry-1st cons gold 5s
Devel & gen 4s series A___vDevel & gen 6s series A
Devel & gen 6%s series A
Memphis Div 1st gold 5s
1st
"127 ; r
•:
a-o
debentures
123
123%
100 VB
103'%
72%
72
M-9
96%
M-N
Oil
v
.
.-
94 Va
2
%••;.
77'%
;
j-j
!.>
deb 2%s
(N J)
1966
debentures
93%
"•
'■
,
*
■
"
' '
Ref & Imp M 4s series C__
"Ref & imp 2Vis series D
Texas
Corp
1st
Shore
Texas
&
New
gold
2361
May
1
1063%
107 V4
3
108
IO934
54 Vb
55%
35
54
-52%
52%
23
52%
101'%
87
*
108
.
MS
%■:
.
4
/
M-S
82
83%
J-J
'
V8
f
100 V4 100 3%
Wheeling & Lake Erie RR 4s
1949
Gen & ref M 23/is series A
1992
J-D
"953%
M-S
7
"98% 100%
1
98%
96
105%
103'%
__
52
45'%
•
Wheeling Steel 3y»s series C
1970
1st mtge 3Vis series D
1967
Wilson & Co 1st mortgage 3s——_1958
"2 102%
26
102'%
103'%
96%
6
94 Vb
96 Vb
Winston-Salem
S
1st 4s
B
U,'
:
100 si
I '
99
3
Central
^Wisconsin
J-J
97
—.
10
97
9734
%
98'%
§ A 1st
-
1
1013/4
101V4
general
4
102%
104
112'%
113
iU'-
''
'
s
i>vl/
.
T
/
V'.
j-j
'
;
115%
45'/a
27
—
72
74 J/2
41'/a
49 Va
41 ft
M-N
'/2
deposit
467/s
95%
Electric
2%s
1976
J-D
"96%
Wisconsin
Public Service 3 %s
1971
J-J
1976
J -J
—
97 Va
104%
105'/2 105%
Power
77
74J/2
43
105 J/a
116%
99%
1
116% 116%
•
32
Wisconsin
■f-.,
v-
»/•«..
'
75%
/
J-J
§ASu & Du div & term 1st 4s_„1936
'*■
•'
__
43 J/2
J-J
1949
deposit
of
99%
96'%
Ry—
4s
ACertificates
99%
•
,
19
■
.
——
'M.
99 74
'
—
„
103% 103%
'•
—
101 Ji
"
__
74 */a
■
101'%
100S3
125
993%
100
•
,
100%
99 Vb
99%
103'%
•
86 Vb
101%
'
100'% 100%
100%
A-O
.
99%
"98 V4
•
•
J-J
1960
101V4
80'%
100 3%
'
J-J
■
101
34
83%
102
101'%
20
101
101
101
M-S
104
4
Mfg 2y«s
&
100 Va
99%
;
13
101'% 101'%
M-N
63'%
62
101%
100
'rJ
1950
1951
1960
1951
4V2s
5s
108
100100
100
.1
107
108
100
100
A-O
^
5s
__
107
M-S
Jan 2014
"105'/b
;
99 3%
106 V4
52%
v
2361
1952
^
—
54V4
'
r
102%
101%
101 Vb 101 Vb
11
M-N
105% 105 Va
14
105
106
3
96
99
Yonkers
4
96
96
96
93
125
•
*
gold
J-J
Elec Lt & Power 2%s-
94
94
92
97'%
f—< H CO
125%
101%
97'%
18
Deferred
sale
delivery
Impaired
SNegotiability
not
maturity.
by
"lOlVa-
—
52%
102
1003%
2634
tCompanies reported as being In bankruptcy,
50
212
71%
21%
B4
55
25
26%
A-O
453%
98%
MS
"99
—
98%
99%
the
Bankruptcy Act, or securities assumed by
"Friday's bid and asked prices;
102
99%
J-D
■■■■■■•■
*
100%
ABonds
no
such companies.'
f.
.
•,
...
week.
sales being transacted during current
*
flat.
selling
not
sale
A;
'
,
* r;;
receivership, or reorganized under Section 77
.
'
J-D
J-J
__1960
AAdj Income 5s
Jan 1960
Tol & Ohio Cent ref & impt 3%s__1960
Tri-Continental Corp 2Vis debs
1961
Ry 1st ref 4s__^_
4
99
Included In the year's range, d Ex-Interest, e Odd-lot sale
Included in the year's range
n Under-the-rule sale not Included in the year's range.
rCash
not included in the year's range,
y Ex-coupon.
a
12
93
125%
98%
98%
*
.
Pacific—
:.■/
Term RR of New Orleans 3%s__1974
Third Ave
^
—
J-J
j-d
series C
Pacific-Missouri
>
55
99%
105'%
100%
•
JK-N
A-O
Texas
J-D
•:
-
•
J-J
estate
92
106"%
51
"51
—
■
J-D
1st mtge 4s
real
&
25-year
30-year
V
:
,
1966
Telegraph Co—
Union
F-a
F-A
IP"7!
.1..1990
3%s
1st
104%
1973
5s
2000
Gen & ref M 3Vis series E—__..1985
1st &
M
1
debentures
A-O
Pacjfic
105% 105%
76%
> .
2.65s conv debentures
1970
ref
87%
2%s
A-O
3'%s series B_
&
1
108
:oi% ioi%
.
1
r,
100%
"
RR—
1st & ref M
Texas
9 8 V4
110
•
1965
Orleans
99'%
10
100
100
guaranteed
4s
Westinghouse El
2019 <
1985 *
deb
3s
^5;:
'
Terminal RR Assn of St Louis—
96'%
.
104
18
98%-98Va
101%
/
i»,
„
70'%
11
~;
series I
ACertificates of
•
24
"r-v'v;
Funding
116%
8
72%
97'%
87% ' 87%
1051%
Power 3V2s
83
80'%
80 V4
70 Va
A-O
Baking Co—
•
- V
debs - (subordinated)— J.
Western
95'%
111%
^
97
;; M-N
1973
84'%
,
'•
105'A
96 7 a
80%
80%
-
105'%
95 V'a
997/e
103»/«
"1053/B
'
J-J
„
96
107
47% V.
98
88
12
100 V4
"45
'''
4
12
99 VB
19
:• 102
'•
•
—
95v«
J-J
1972
Sunray Oil Corp 27%s debs.
Swift <fc Co 2Vis debs
A-O
88 ya
993i
99 %
98
"105%
'
V'Wii'.*"!
"i
P-A
;
M-N
89 %
97
104
88
A-O
M-N
Registered
87%
79%
--
110
'
M-N
1971
34
103 "A
J-J
103 3/4
107 3 4
104
lOSVi 110
90
97
■« •;
:<
debentures 3Vis_1876
conv
Western Maryland
84
22
102% 102%
—
Apr
108 %
100 J/4
102 V4
"103%
A-O
M-N
West
101
100
11
"
108
102 3/4
.■
MS
106
98 J/4
18
91 %
'
i.
.
M-N
,
92 Vb
6
105% 106 %
1051/4
'
J-J
99'/2
100% 101 %
A-O
.'
94
'C!
114
89 %
101 '/2
'
85'%
,
89%
A-O
80
93 %
A-O
A-O
95%
10
87%
113
113
j-j
J-J
86%
—
79 %
'
93%
j-j
1966
86 %
86%
"•*
99
Apr
lnc series A
Western Pacific 4%s inc A
•;";
MS
Apr
West Penn
"
:
'V- ..1;'
v
J-J
1983
Calif 2%s; debs
54
"100%
'
101%
'
43
88%
85%
85%
J-D
96
138
;
80
106
106 "A
1970
Warren RR 1st ref gtd gold 3%s__2000
Washington Terminal 2Vis ser A—1970
Westchester Ltg 5s stpd gtd
1950
Gen mtge
3%s
a—;
1967
98%
72%
__
87 3/s
88
r
M-N
1985
i
+
96%
96
75%
105
"105
Jan 1981
5%s
97
97
4
97
T
,
96
6
80
1975
1978
1963
2003
1958
1995
1973
5s
cons
Walworth Co
'
J-J
94V4
80
lnc 4 Vis series B—Jan 1991
3 Vis series B
—1971
Walker (Hiram) G & W 2%s debs_1966
96'%
,
93 VB
"95% 100 %
Apr
25
96%
2
M-N
1st mtge
95
96%
100%
93VB
1957
Gen mtge
37
"98 V8
99%
F-A
4s series A—1955
g
series B
4s
Gen mtge 4s
96%
J-J
1
10
W
1013%
F-A
93 V4
93%
99 74
93 Va
MS
54
100
28
103
92
93'%
Wabash RR Co—
24
102% 102 Vb
1003%
99 Vb
A-O
97'%
52%
102%
101
20
933/8
M-N
96
"123%
99 %
'
— w
693%
101%
J-J
A-O
96
101
a-o
5
93%
MS
102V4
"44
95%
1033s
100'% 100'%
—
62%
J-J
95%
103'%
1043%
6
100% 101%
J-D
25
96%
100'/a
100 V'8
■
103% 103%
103%
J-J
95%
96%
F-A
'
2Vis
102'%
87
63%
**.4
128
100
9
f
Virginian Ry 3s series B
1st lien & ref M 3'As ser C
1063%
127
96%
96%
1st
100%
—
62%
;
Spokane Internat 1st gold 4%s__2013
Standard Oil of
Standard
106 V4
2
"95%
63
J-D
90%
103'%
101
'
100% 100%
100%
J-J
109%
85%
7
108
J-J
1951
gold 4s
Southwestern Bell Tel 2%s debs
3 Vis
'
61%
51%
4
90
102% 102%
102 »/2
A-O
1986
1996
1961
1994
1956
1956
1956
1996
1st mtge 2 Vis
Div
RR cons
s
Virginia Electric & Power Co—
1st & ref mtge 23%s series E
1st & ref mtge 3s series F
3Vis conv debentures
Va & Southwest 1st gtd 5s
883%
105
102 %
102
■
•
J-D
A-1975
1st
A
90
__
102%
J-J
J-D
-
,
2Vis series E
Louis
J-J
1981
Southern
St
83
"108% 108%
M-N
1977
A
4'%s
San Fr Term 1st mtg
1st mtge
329
1994
Ry 2V4s__
4 %s
Southern
53%
51%
207
Co—
(Oregon Lines)
109%
100
'
86
100
99%
—
85%
1969
Southern
Gold
84 34
53%
May
„1987
108'%
2
__
76
79
101
33/4S debs
Pictures
Cons
1985
_
25/8s debs
debentures
Ward
debentures
Gold
"100
85%
J-J
M-N
High
100 %
70
80
—
1963
debentures
2%s
4%s
J-J
~1
70
—
Tel & Tel Co—
Bell
2%s
1st
—
1965
1976
:
97%
70
J-J
1979
2%s debs
Socony-Vacuum Oil 2%s
South & Nor Ala RR gtd 5s_,
Southern
"100
MS
Power 3s series A
1971
& Adir 1st gold 5s
1996
gold 6s
1996
St L Rocky Mt & P 5s stamped
1955
St Louis-San Francisco Ry Co—
1st mtge 4s series A
1997
A 2nd mtge lnc 4%s ser A—Jan 2022
St Louis-Southwestern Ry—
1st 4s bond certificates
1989
2d 4s lnc bond ctfs
Nov 1989
Gen & ref gold 5s series A
1990
St Paul & Duluth 1st cons gold 4s_1968
St Paul Union Dept 3VeS B
1971
Scioto V&'NE 1st gtd 4s
1989
Seaboard Air Line RR Co—
1st mtge 4s series A
1996
AGen mtge 4%s series A
Jan 2016
Seagram (Jos E) & Sons 2%s
1966
Shell Union Oil 2%s debs
1971
ASilesian-Amer Corp coll tr 7s__1941
23/4S decs
Biscuit
Rubber
Universal
s
2d
series C
2y2s
mtge
108% 109
"99'%
F-A
debentures
Ref
10
2Vis
St Lawr
Jan. 1
Low
RR—
Paciiic
2 Vbs
106%
8V2
U
Saguenay
Range Since
Sold
No.
High
"102 V2 103
M-N
1976
1991
1966
1976
1967
1959
debentures
23/»s
MS
deb_
Calif 3s
of
108%
M-N
A-O
1968
1967
1970
debentures
Union
125
coll trust 23%s
mtge &
1st
104
1971
1975
Electric Co of Mo 3%s
Union
933/4
86
102%
3s
1949
1941
stamped
t§ARutland RR 4%b
—*1
*
1033/4
A-O
""
tARut-Canadlan *s anampcu
Bid <& Asked
Low
R
Reynolds (R J) Tobacco 3s debs__1973
Rochester Gas & Elec Corp—
Gen mtge 4%s series D
1977
Gen mtge 3%s series H
1967
Gen mtge 3'/2s series I
1967
-n
mtcre 3Vis series J_
1969
Bonds
Friday's
or
Sale Price
Period
Exchange
New York Stock
Jan. 1
Sold
Last
Interest
BONDS
Range Since
U
M-N
& ref 3y«8 ser D—1995
Heading Co 1st
Week's Range
Friday
Week's Range
Friday
Interest
BONDS
■
of
vX
1
•
.j
,.u;
■
NEW YORK CURB EXCHANGE
in
delivery
deferred
week in which
the
footnote in
a
and
sales are disregarded
the only transactions of the week, and when
computing the range for the year.
.....
in the week's range unless they are
is taken of such sales in
No account
they occur.
RECORD
YEARLY
AND
WEEKLY
NOTICE—Cash
selling outside the regular weekly range are shown"
FOR
RANGE
Friday
Last
STOCKS—
Sale Price
New York Curb Exchange
of Prices
Shares
Acme
Aluminum
Acme
Wire
Adam
Hat
Co
1
Alloys
Aero
Supply Mfg
Agnew Surpass Shoe Stores
Ainsworth
Mfg
common
Air
Inc
Associates
Air-Way
.
Alabama
Great
Southern
Power
4.20%
Alaska
Airlines
Alles
Fisher
&
Allied
Allied
pfd
Products
(Mich)
Corp
common
Altes Brewing Co
AJtofer Bros common
$3.75
of
cumulative
Aluminum
Industries
Aluminum
Ltd
American
American
American
Mfg
common—
Car
Beverage
Book
For footnotes
3
6VB
Co
class A
common
,
3%
Apr
4%
Jan
1%
Mar
1%
Jan
.1,200
6Vb
6 J/2
•
'
.
85
600
30
100
•
page
35.
8'/4
Feb
10'/a Mar
51/2 Mar
5%
83
,
3 '/a
6% Apr
7,
Mar
92Va Jan
Feb
Apr
95 J/2
*,Jan
Apr
6
Jan
Apr
5
Feb
3J/2
10,100
71/2. Jan
Jan
91 '
5%
Jan
32J/?; Jan
; 900
300
10
Mar
2% Feb
3%
Apr
15% Mar
1
;5
1
17J/2
Jan
6
Feb
Jan
American
Class
Cities
97
47i/2
97
48 a i
American
4%%
97
$2
Electric
&
44%
45
preferred
convertible preferred
American
American
American
Hard
Mach—:
preferred
Mfg Co common.
American
26%
American
Seal-Kap
6%
Jan
Apr
51%
Jan
12
11/8
1
63
63
50
Amer
$6
61
1%
Jan
Feb
.
■■
-
Jan
1%
Apr
Jan
fifi
Ja riv°
common
Superpower Corp
scries
common
preferred
American
500
1
High
Low
2 »/8
20
25
25
25
Thread
AmeHrfln
WrHine
Anchor Post Products
Aneerman
—
preferred
Paper common—<—B
5%
Co Inc common
2
1
Mar
6
Feb
171/a
Jan
18%
Feb
373/4
Jan
44
Apr
Jan
112
50
29 J/2
30%
34J%
,
22%
23
24
23%
24%
2V8
Feb
31%
Apr
5.°
32 Va
Jan
34'/a
Apr
12% Mar
13%
Jan
450
22 J/a
8,800
14%
100
3Ve
7,700
100
37
24%
24%
Jan
Feb
Apr
251/4
17% Jan
25%
Apr
31
Mar
Mar
14
Mar
15'/a Mar
3'/4
Feb
51/4
8
Feb
10'A
Jan
Jan
Jan
34
Feb
41
50
231/a
Jan
28'/4 Mar
200
36
Mar
Jan
271/2
31
9
>
-2 %
300
"
i
23
111
500
34%
14%
6%
8,609
2 Vb
30%
14%
...
100
341%
21%
Republics
Feb
■"
111% 112
2 Vb
10
2
10c
—*
B
American
Jan
18
43 Va
3%
98J/4 Mar
Jan
17%
Co
Maracaibo
54
44%
900
43%
-1
American Metal Products common—.2
American
Meter
Co
•
American Potash & Chem class A
•
Class
B
*
American
Apr
Mar
6%
43J/4
/
25
Co
Rubber
Laundry
Light & Trac common
Jan
2,200
6%
Range Since January 1
)
10
100
10c
1
1
com
convertible
$2.50
6%
Gas
93%
51/2
44%
for Week
Shares
High
18
General Corp common
47J/2
23% Mar
Low
-
6%
common
preferred
American
150
91/2
"
—1
B
American Fork & Hoe
1,800
Mar
of Prices
Sale Price
& Light—
Power
5J/b
6
48'A
\
Par
100
*
100
Co
see
6%
83
50
100
•
common
Bantam
6%
6%.
37/s
■■'v
\
.
Jan
500
,3%
:l%
7i/2
9%
common—_•
preferred
Goods
211/4 Mar
•
America
Aluminum
2% Mar
150
1
Investing
Co
1%
9%
1
Inc
common
Internat
Aluminum
3%
1%
500
23
1
J)
(N
Appliance
Electric
Alabama
1
•
5
200
2 J/4
2 J/8
22%
1
Inc
Stores
2 J/8
10
common
lJ/8
Jan
1
1
1
warrants
Motors
High
Low
'
ACF-Brill
Range Since January 1
,
Range
-.Last
;
Exchange .*
New York Curb
Sales
Week's
Friday
STOCKS—
for Week
High
Low
Par
week beginning 011 Saturday, April 23
include every security, whether stock
21)
Sales
Week's
Range
WEEK ENDED APRIL
-
.
record of the transactions on New York Curb Exchange for the
and ending the current Friday, April 29. It is compiled^from the reports of the Curb Exchange itself, and is intended to
or bond, in which any dealings have occurred during the current year.
■, '
following extensive list we furnish a complete:
In the
24 V4
25
500
22V4
Jan
28% Mar
211%
22
1,500
21%
Feb
25Vb
2%
Jan
3%
3%
600
Hi
%
8.500
)V
75
"4%
76
250
%
58
Jan
77
-
4%
500
4%
Feb
4%
5%
5%
200
5>/8
Feb
6Va
5
5
100
4% Mar
5Va
7%
100
71/4
4%
7%
Feb
Jan
3% Mar
J/4 Mar
8
Jan
Apr
Jan
Apr
Jan
Mar
THE
(1908)
NEW
YORK
New York Curb
Sale Price
Exchange
of Prices
Lou)
Par
STOCKS—
for Week
Range
Shares
New York Curb Exchange
Range Since January 1
Low
High
W
1
3'/a
1,000
6'/a
104
3%
6 Va
300
2%
17%
5% Mar
8%
105% Mar
103%
Apr
*
2%
2%
Apr
3%
Jan
Clarostat
•
8
7%
8Va
1,200
4,900
2%
Arkansas Natural Gas common
5%
Jan
8%
Apr
Claude Neon Inc common
•
8%
8%
8%
32,800
57/a
Jan
8%
Apr
Clayton & Lambert Mfg
10
•
2.50
10%
10%
1141/4
8%
7%
8%
Ashland Oil ft Refining Co
1
17%
16%
171/4
3,200
$1.20 conv preferred
Asplnook (The) Corp
•
1
22%
22
22%
8%
Common class A non-voting
6%
preferred
Arkansas Power ft Light $7 pfd
Aro
Equipment Corp
Associated Electric
Coast
10%
Jan
113 Va
Jan
6V4
Feb
8%
16 Va
Feb
19V8
700
21% Mar
800
7% Mar
8%
7%
£1
7
•
20
35'/a
~5Va
—1
14%
14%
"Jan
Cockshutt Plow Co common
•
23 Va
Feb
Colon
8%
Apr
Colonial
Airlines
Sand
%
Jan
Jan
Commodore
3%
Jan
Apr
51%
Jan
250
5%
39
7,900
2,000
15
4%
Feb
14%
Apr
41/4
Jan
7%
7%
600
10 Va
200
8
Mar
24%
100
23
Jan
12
300
11
Mar
Vtc
Jan
6
21%
35%
Baldwin Rubber Co common
Banco de los Andes—
4%%
Jan
ft Seellg
(L)
8%
11%
Apr
Consolidated
25
Feb
& Co
47%
15%
1
6%
6%
11%
11%
12,600
Jan
~9%
~9% "9%
400
1%
400
33%
36%
Jan
13%
6%
xll
1
2%
80
13%
50
7%
300
xll
2%
•
6
2
Jan
37%
Mar
25
3
2,800
9
preferred
Co
Apr
14 Va
Apr
7%
Jan
Mar
6%
9
11%
Apr
3Va
Jan
2%
Feb
6
Feb
30
■—
$6
Cuban Atlantic
5%
Jan
2%
26,100
1%
Apr
7%
67%
500
7%
58%
Jan
33
62
Mar
74
Mar
21%
Mfg Co
7
Jan
21%
Apr
22%
Feb
Davidson-Brothers
12%
12%
2,100
11%
Apr
15
Apr
l4'/4
15
400
13%
Feb
15
Jan
20%
21%
21%
Apr
19 Va Mai10
11%
9%
Ap^
11%
1%
425
Apr
Feb
10s
23%
350
2.60
21% Mar
23%
50
100
11 %
800
Jan
12% Mar
17%
86%
200
17
Jan
17%
Jan
850
83% Mar
103 Va
Jan
3
Jan
3'/4
Jan
27
Mar
28%
Jan
Apr
2%
Jan
3
1
12%
11
2%
600
9
5
900
4%
Feb
5%
7%
Feb
9%
100
Apr
•20 Va
100
4%
Jan
600
10%
Apr
11% Mar
2,900
15%
Apr
22 Va
Jan
10
1
Feb
12 %
Feb
11 Va
10
10
200
Apr
9%
—
%
%
A
18,800
%
1%
l7/a
1,300
1%
10%
4%
Apr
17/B
Jan
25s
L
11
Jan
200
Feb
i6
Jan
200
7 % ..Mar
8%
Jan
5
5
5%
2,000
4%£Jan
5% Mar
6%
141/2
American dep rets
5%
Calamba Sugar Estate
pfd
Calgary & Edmonton Corp Ltd
Cailf Cotton Mills Co
California Electric Power
3%
1
5
•
4%
1
5%
18,200
debenture
Draper
Driver
Duke
45
3%
3%
700
3%
Jan
3%
34%
7,100
30%
Feb
41'/8
%
Jan
Canadian Canners Ltd
common
Convertible
preferred
Canadian Industrial Alcohol—
voting
Canadian Industries
7
Feb
4%
Mar
21%
Jan
7%
Feb
7% Mar
6%
Feb
Carman & Co_.
Carnation Co common
——
21%
50
20%
Jan
22
Mar
20%
20
Feb
22
Jan
$7
•
Amer
dep rets A ord
Amer dep rets B ord
Feb
10 Va
1
5
1
8%
1%
1,600
16%
250
Feb
9%
Jan
8%
300
1%
16
48
48
3%
3%
2,100
~3%
37/a
2
150
4Va
2,000
77%
78%
10
10
100
10%
100
100
common
70
300
.
591/4
1
Chamberlin Co of America
Charis Corp common
Cherry-Burrell
common
380
-10
4
ft Southern Air Lines
Voting trust ctfs—
•
x4% Mar
3%
30
Feb
48
180
14%
14 %
14%
1,900
2%
105
30
7
100
Feb
Jan
Feb
Jan
6%
Apr
Feb
8%
Apr
Mar
13 %
Jan
2%
3%
Jan
2V4 Mar
1%
Jan
Apr
30
Jan
46
Apr
14%
Apr
17%
Jan
Mar
102
50
12%
Jan
1
105
5% Mar
Apr
8% Mar
5
12%
__
Apr
12
Mar
14V2
Jan
33%
30
6
5%
1,200
6
Jan
Jan
26
26
7%
14 %
30
7%
10
15%
Jan
32
Feb
200
133% 133%
14 %
Jan
3
Apr
26
6
67/a
Feb
200
10
9%
Feb
10
1,100
132
Jan
11%
Feb
1
Jan
Jan
Mar
2
8
11%
133
Jan
Jan
Mar
15%
Apr
7%
~2
1
Va
9%
Jan
700
2
Apr
2%
Jan
21%
21%
Jan
*~2%
2
—10
200
20
Feb
23Va
Jan
Apr
12
Jan
Feb
9%
£1
13
13
300
13
14%
9%
200
6%
Jan
10%
3
3 Va
6,900
2V4
Jan
30%
300
26%
Jan
13%
3 Va
Apr
9%
.
30%
[—25
Jan
3 % Mar
32
Apr
64
100
77
25
Jan
Apr
lO'/a
Apr
.__£1
6%
1
6%
Jan
65
Apr
32%
74
Feb
78
500
2%
2%
•
60%
29
10
common.
14%
22%
9% Mar
77
Feb
20% Mar
63
preferred
100
10
10
10
25
10%
10%
H
300
I—1
6%
Apr
1%
Jan
10
Feb
7%
Feb
Jan
Mar
Feb
2% Mar
111/2
Jan
4% Mar
5Va
Jan
101/2 Mar
12%
Jan
series
76
5
4%
55
79% May
Feb
Feb
Feb
4%
15
Jan
88%
7%
63
'
'
— —
'
7%
Jan
I
Apr
1
Jan
36%
I
Jan
I
3%
500
7%
300
10 Va
Jan
I
10%
100
10%
Apr
13%
Jan
64%
Jan
17%
Feb
I
1
1
62
63
250
57% Mar
14%
15
250
14 Va Mar
9%
9%
—
8%
9%
8%
400
500
6
Jan
6
Jan
11% Mar
13%
12
12%
62V4
50
64%
Jan
6%
700
6%
Apr
10
Jan
13%
•V14
165%
14%
33,800
10%
Feb
14%
Apr
160
1,500
166
880
8
4,200
12
700
7%
101
1
6%
34
Feb
6
Jan
8
Jan
13
Mar
Feb
100
600
1%
1,000
34Va
125
32
4
4%
4%
4%
800
%
%
%
5%
11
IV4
1,700
10
15
15
13 Va
14
50
166
Apr
Vb
Apr
101%
Apr
Feb
7%
Apr
Feb
97
6%
1
Ltd
Jan
9%
33%
1%
Mar
140
13%
13
1
150
60
1%
—8
•
3%
14%
Jan
6%
1
Jan
—
Jan
54%
100
Falrchlld Gamers ft Instrument
Falrchild Engine ft Airplane
1
7 Va Mar
3
7% Mar
63
Apr
100
Fansteel
1
9%
6% Mar
Apr
47
12
f
Apr
Jan
10%
12%
53
50
-*—II
4
7%
10 % Mar
10
1
First York Corp common
Apr
—.
Jan
50
47
62%
preferred
f
Feb
Feb
1
10c
1
3
3Va
2%
58
•
B—
Equipment
1
5%
Jan
Feb
37'/2 Mar
47
8
Jan
Apr
100
35%
37% Mar
ini_
common
Mar
5%
—
Apr
•
1
7
—
Feb
75
2
Metallurgical
Fire Association (Phila)
100
20
Jan
77
Feb
13%
Apr
Feb
Jan
1% Mar
35%
Feb
Mar
%
14
4% Mar
Jan
Jan
Feb
18
Feb
Jan
3
36%
41/4
Apr
69
Jan
5%
36%
Apr
70
1
Corp
3 '/a
600
675
55
2
Eureka Pipe Line common
Feb
36
Jan
Eureka
2,400
•
A
common
convertible
3%
73 %
73 %
Jan
Apr
Apr
9% Mar
85%
$3
ft
3%
70
70
warrants
Derrick
Va
•
Esquire Inc
Mar
Apr
3%
Emsco
13% Mar
2
3
70
70%
—25
shares of beneficial lnt
Equity Corp
4% Mar
3
*
35.
600
200
42%
8
Empire District Electrlo 6% pfd
Empire Mill work Corp
111% Mar
5%
5%
mmm,
__
0
Chesebrough Mfg common
Chicago Rivet & Mach
Feb
Mar
5%
1
——
—2.50
10
60%
'•w.-
10
common
3%
-
Feb
5%
60
10
2
•
——
100
Inc
2%
2%
42
Co
Electrographlc Corp
Apr
Apr
Apr
'
■
preferred—100
1929
2%
42
Corp
Option
Jan
■
— —
ser
page
'
400
3%
3%
100
1
3%
30Va
30
Jan
Mar
2
w
pfd
2%
2%
5%
Apr
7%
5Va Mar
5%
Electric Bond ft Share common—
a
Electrlo Power ft Light $7 2d
pfd A—*
Jan
8%
Feb
40 Va
109
—
12%
„
1%
21
7% Mar
25
—
3%
Apr
Apr
3
—
.
1
1
Central Power &
Light 4%
{Central States Elec
6%
48
•
•
Central Ohio Steel Products
see
1%
16
2.50
10
Central Maine Power Co—
3.50% preferred
ser
1%
16
—-
1
Catalin Corp of America
6%
42
6 % Mar
v
12
,7
common
$5 pfd shares of beneficial
Easy Washing Machine clan
Jan
8%
2s 8d
(J W) Co common
Casco Products common
Castle (AM) ft Co
2,100
133%
Harris Co
Power
Com
8%
£1
Carter
7%
,
.-100
—
$6 preferred series B
Eastern Sugar Associates—
•
*
Ltd—
7%
5
Eastern Malleable IronEastern States Corp
•
—
Carolina Power &
Light $5 pfd
Carr-Consolidated Biscuit Co
700
900
__
East Gas ft Fuel Assn common—
4% % prior preferred
-10$
6% preferred
-100
100
Capital City products common
Carey Baxter & Kennedy Inc
%
6%
36% Mar
8% Mar
5%
Feb
800
Ltd—
preferred
Canadian
Marconi
%
6%
__
Jan
Feb
7%
-•
7 %
33
85
Duro Test Corp common
Duval Texas Sulphur
•
Class B
non-voting
__
Duniop Rubber Co Ltd—
12% Mar
3%
•
Canada Cement Co Ltd
common
6 % %
preference
16% Mar
4,400
104
common—
Dominion Steel ft Coal class B—
Dominion Tar & Chem Co Ltd—
Dominion Textile Co Ltd common-
Jan
7%
1
Ltd
Feb
6%
40 %
£1
9
Camden Fire Insurance
Jan
4%
6%
,
1
Amer den rets ord
reg
60s
%
40%
Domestic Credit Corp class A
Dominion Bridge Co Ltd
% Jan
2% Mai-
Feb
A
Duraloy (The) Co—
Durham Hosiery class B
Cable Electric
Products common
Cables ft Wireless—
Jan
Mar
A
.-50c
class
dep rets ord reg
Dobeckmun Co common
Jan
""4%
17
2
IV2
14
8%
7
common.
Amer
Jan
11
Feb
Jan
,7(f
—
105
Detroit Gasket ft ManufacturingDetroit Gray Iron Foundry
Jan
1,400
12%o
Burry Biscuit Corp
Butler (PH) common
Inc
Detroit Steel Products
Devoe & Raynolds class B
Distillers Co Ltd—
Jan
8%
15%
103%
Apr
700
2
113% Feb
Jan
500
1
12%
2
—
Jan
91/2
400
3
.2.50
Mills
common
Mfg
Derby Oil Co
Apr
16
15%
Apr
109
_10c
Dennison
Feb
~4%
•
dep rets
"9%
Apr
67%
200
8%
Inc—
Dayton Rubber Co class A
Jan
2% Mar
"***"
•
2.50
2
8%
8%
Apr
8
D
Davenport Hosiery
Jan
4%
"5
1
5% Mar
32V2
8%
Dejay Stores
10
2,300
Feb
17%
84%
12 %
—I
Day Mines
—
Jan
4
11%
—
Apr
6
—1Q
Apr
112% 113%
101% 102%
84%
Jan
18
Jan
~9
Apr
Jan
Jan
1,000
300
2.50
(Mo)
Apr
23%
5%
7%
Feb
16
Curtl«
Jan
4%
•
Jan
Jan
4% Apr
41/2 Jan
40% Feb
Feb
•
common
700
~9%
35
Jan
7%
65Vb
100
Tobacco
Curtis Lighting Inc common
7% Mar
Apr
5
1
class B
Pipe Line
footnotes
Feb
4
Jan
—
*
25o
•
10
5
partlc
preferred
Cuban
15%
£1
Bunker Hill & Sullivan
Burd Piston
Ring Co
Burma Corp Amer
For
4%
100
12
1
Sugar common
1,000
£1
Bruck Mills Ltd
Chicago
3%
200
5
281/2
50
preferred
8%
Co common
Conv preference
Cessna Aircraft Co
2,700
6%
4%
100
—
5
"A"
Internat'l
Cork
5%
12%
Feb
3,450
%
6%
—
Brown Forman
Distillers
4% cum Junior
pfd
Brown Rubber Co
common
Centnrv Electric Co
Apr
5%
1
*"
Crown Drug Co common
Crystal Oil Refining common
Jan
13% Mar
•
Century Investors
34V2
40
4%
1
•
1
17%
•
Class B
Conv pfd opt div
Mar
22
31 %
33%
Crown
Jan
•
Oil Co
7% preferred
Conv pfd opt div
1,700
4%
5
5Va
—
•
reg
Carreras
30%
37%
—
1
5o
Brewing Co
Crosley Motors Inc
Crowley Mllner & Co
Crown Cent Petrol (Md)
Apr
65
—
16%
1
•
British Columbia
Power class A
,
Feb
31 %
Croft
Apr
23%
•
Amer dep rets ord
bearer
Amer dep rets ord
reg
British Celanese Ltd—
Amer dep rets ord
Class A
8
1%
—
dep receipts (ord reg)_£l
16%
•
British American
Tobacco—
Co
61/4 Mar
*
class A
—
Co
Brillo Mfg Co
common
Class A
Bread
100
—
Creole Petroleum
Apr
38
25
*
—
Canada
Jan
Jan
6%
•
American
Jan
x45
300
'
Brazilian Traction
Light ft Power
Breeze Corp common
Mar
3%
2
—
1
1
& Varnish Co
convertible preferred
Courtaulds Ltd—
Jan
Jan
6%
■
17
Jan
Feb
6%
11 Va
Inc
$1
Apr
Jan
23%
'
—
Jan
2V4
4%
371/2
•
5
10
5%
Mar
26%
65
100
25
Bridgeport Gas Light
Bridgeport Oil Co
10
Feb
8
23%
•
15
4 %
65 Va
Corroon & Reynolds common
Jan
35%
3
pfd
36%
5%
Mar
1%
100
14
8% Mar
36%
;
6%
Feb
600
8
16 %
Feb
10%
1%
•
Borne, Scrymser Co
Bourjols Inc
British-American
5%
50
36%
8
150
Jan
Apr
1%
6%
1
Cornucopia Gold Mines
Jan
6
Feb
1,300
1
Blumenthal (S) & Co common
Bohack (H C) -Co
common
cum
6%
12
5
1
Mar
29%
112%
Utilities
Distributing
Cooper
8% Mar
Feb
29
—
Blue Ridge
Corp common
(E L)
36 J/»
Gas
Liquidating Corp
Consolidated Mining ft Smelt Ltd
Consolidated Royalty OH
Continental Car-Na-Var Corp
Continental Fdy & Machine Co
Coro
4% Mar
1
1
13
11%
•
preferred series 0
4%
55% Mar
Feb
32% Mar
13%
Convertible preferred
•
Blckford's Inc common
1
Blrdsboro Steel
Fdry & Mach Co corn-*
Blauner's
common
Buckeye
4%
1
Bell Tel of Canada
common
Benrus Watch Co Inc
Benson ft Hedges common
Bruce
200
■
common
Jan
6%
100
100
B preferred
Consol
Mfg—
Beau-Brummel Ties common
(AS) Shoe Corp
Bellanca Aircraft common
prior
2,000
35%
4%
4%
iny8
1,400
__
1
Cosden Petroleum common
Beck
5%%
51
7
—1
900
Jan
7,500
—-
$1.20 convertible A common
Basic Refractories Inc
Baumann
35%
14 Va
2%
—
25
1956
series
Jan
6% Mar
1
American shares
Barium Steel Corp
Barlow
48%
Jan
—
.
1
Inc
Consol G E L P Bait common
Jan
5
Hotel
to
ext
Cook Paint
49%
12%
Compo Shoe Machinery—
41
10%
*
200
1%
1%
Community Public Service
100
Locomotive—
preferred
46%
5 % Mar
2E
22%
Apr
tV Mar
B
1%
Feb
2%
29%
—
.Colt's Manufacturing Co
Feb
2V4
11%
Babcock ft Wilcox Co
1%
38Va
1%
—
1
-1
Stone Co
ft
16%
5
Baldwin
High
Apr
15,500
16 %
Colorado Fuel & Iron warrants
Feb
7%
Development ordinary
300
5
B
common
Low
%
•
Jan
24%
& Sons
16
1%
-
4
20
Club
1,100
1
preferred
Range Since January 1
2,900
14 'A
13
—
1
;
Clinchfleld Coal Corp common
Aluminum Products Co
Feb
114% Mar
4,000
•
Ayrshire Collieries Corp com..
14
12%
•
1
2%
21
2%
Atlas
Corp warrants
Plywood Corp
Automatic Steel Products Inc—:
Automatic Voting Machine
Co
Co
A
•
50
*
Mfg
Shares
Apr
114% 114%
1
Atlas
6%
10%
30
Controller
Colonial
Fisheries
Atlantic Coast Line Co
Avery (B F)
10%
500
2,000
Clark
Industries—
American dep rets reg
Assa.-icted Laundries of America
Associated Tel ft Tel class A
Atlantic
103% 104
43
1
45%
1
170
Argus
%
16
5
10
Sales
for Week
High
13
10
City Auto Stamping
City & Suburban Homes
Jan
%
43%
1
Cities Service common
Feb
3% Mar
Feb
Low
Par
High
15 % Mar
1
Range
of Prices
Last
Sale Price
>
Chief Consolidated Mining
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
£J
Angostura-Wupperman
J
Apex-Elec Manufacturing Co
1
Appalachian Elec Pwr 4% % pfd—-IOC
Week's
Friday
Sales
Week's
Last
EXCHANGE
CURB
■
Friday
Monday, May 2, 1949
FOR WEEK ENDED APRIL 29
RANGE
STOCKS—
CHRONICLE
FINANCIAL
COMMERCIAL &
Apr
|
$2 div
Fishman
6c
to
cum
13 V3
4
V4
4%
11%
11 VB
61%
'2%
28%
4%
2%
1
Co—
Stores
Motor
of
-
-
_
-
Feb
3%
Feb
3,500
8Va
61%
70
59 V*
2%
1,000
2%
28%
(MH)
$1
12 %
11,900
50
28
^
-IOC
—-
1,200
12
IIIo
preferred
Ford Motor Co Ltd—
Amer dep rets ord
Ford
-
1
Jan
2%
Jan
•
14%
Feb
4%
Jan
20%
4%
19%
-
200
17%
Feb
21
Mar
23
u
2,900
—
•
5
19%
•
.
of France—
Amer dep rets bearer
Pitt Brewing Co
i-Mm—
20
— —
(Peter) Brewing
Franklin Simon ft Co Ino
4%% conv preferred
%
'
1
common.
8
1
8
%
9
9
Va
8%
8%
8
8
9
.1.26
Fox
—60
1
5%
—
24%
9
%
Apr
800
9
Feb
700
7
Mar
1,200
8
Jan
24 34
100
9%
1,500
23 % Mar
7%
Feb
Feb
Jan
'
Ford Motor
Fort
Jan
15 Va Mar
—-
_
Apr
65%
33
3,300
—
5
Canada—
rv>
Jan
Apr
Mar
Jan
51/4 Mar
'
_£1
reg
Class A
non-voting
Class B voting-
A*
Feb
16%
13%
Feb
%
Jan
&
COMMERCIAL
THE
Number 4799
169
Volume
RANGE FOR
Friday
Week's
Last
"STOCKS—
New York
Low
-
Par
•
Shares
High1:'
Range Since January 1
Last
Sale Price
Low
(DEmil)
Klelnert
13%
13 Va
Oo common—
13(4
Apr
15 Va
Apr
92(4
Feb
10
I
<,
Feb
14(4 Mar
88%
a
-*
5 %
preferred
——:
100
GelQnan Mfg Oo common
1
General Alloys Co
.
•
General Builders Supply Corp com—_I
8% conv preferred
—
28
Garrett Corp common
100
•
Jan
~6%
"5%
200
5% Mar
8
1%
1%
100
1%
Jan
1%
3%
1,200
3%
Apr
3%
22(4
Feb
23%
100
8%
Apr
8%
Jan
(4
800
5%
Jan
6% Mar
Apr
8%
Feb
Mar
35%
Jan
100% Mar
102%
Feb
23
General Finance Corp common
General
General
Georgia Power $6 preferred
85
11 VL
19
31
10
3%
3%
1,700
2(4
3%
2%
300
"
2 %
114% 114(4
Gilbert
Gilchrist
common
Feb
4
Jan
Jan
99
Mar
Mar
La Salle Extension
Lefcourt
106%
Feb
4
Jan
5%
Apr
Lionel
18%
Jan
Lipton (Thos J)
2,600
10
200
9(4
Jan
10
Jan
16%
16%
18
6,800
16%
Apr
21%
Jan
10
10
600
9%
Apr
11%
Jan
14'
14(4
500
13%
Jan
14(4
Jan
I
10.
Globe-Union
0
14(4
Le
Gobel
400
39%
39 %
50
24
24%
200
%
39%
*
B
2%
7,100
2
.1
*
(Adolf) Inc common
Godchaux Sugars class A
1%
38(4 Mar
21
Jan
24%
Jan
Ar
80
Jan
Jan
53%
Jan
Feb
5%
Jan
class h
IlO
common
Corp
Loblaw
8
200
7%
62%
Apr
Jan
11%
-
Jan
554
200
5%
Apr
10
10%
700
7
Feb
11%
111%
200
103%
Feb
111%
xl36%
Feb
142
Feb
35%
200
8(4
35
_28
Inc
(RG)
800
8%
-
.
8%
7% Mar
102
Feb
106% Mar
Feb
«-•
.13(4
__
38% Mar
Apr
34%
•
310
105% 106%
Feb
-,13%
Apr
25
Hathaway Bakeries Inc
•
common
"II~2
common...
Border's
50
'I
Co
;;t7% k
Hormel
A)
9%
9%
:
Apr
10
Jan
10%
Jan
Jan
Apr
96
.
Jan
72
Mar
(Harvey)
Oil
—
Inc common...
Refining
•
8% Mar
5%
Feb
43%
Apr
48%
Jan
Feb
11
Apr
1,500
9
■
t
*''
:'
;
3%
Jan
3
Feb
Jan
Jan
31
15% Mar
50
i7y4
Jan
Feb
42%
8
Mar
136
175
Jan
144
'
32%
30 Va
Feb
107%
Jan
109
Mar
100
32%
19%
Feb
21
Jan
.79%
Jan
:
—
19%
74
3,300
68%
Feb
3(4
3%
1,000
2%
Jan
43'V4
100
43
Jan
"47%
Feb
100
4
Apr
6
Jan
1%
Apr
J 3%
11%
Apr
22%
Jan
2%
Mar
v..
4
4
warrants
.1
preferred.
12%
12%
1
...
•
Hydro-Electric Securities
Hygrade Food Products
Co
*
2%
:: ■;
12%
.
;
200
2(4
-1
Feb
2
100
14%
t'V-..
:' '
*
common
Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
7%
x7
x7
x7
850
Apr
4(4 Mar
£1
•
•
16%
16%
f
__
"
5,800
16%
1,000
14(4
"■>
Jan
Jan
; 18
12
700
10 %
11%
200
10(4
Apr
112% Apr
Jan
10%
800
12(4
12
Jan
International Safety Razor B
International Utilities common
8
Feb
Apr
~;55% Apr
47
Jan"
Feb
22
Feb
7%
Feb
k 11
Jan
100
1,900
7%
7%
8(4
300
7% Mar
11 Ve
Jan
8% Mar
11%
Apr
10 (a
11%
800
%
Feb
1
13
13 Va
3,500
12%
Feb
14
1%
1%
300
1(4
Feb
14%
14%
500
14%
Apr
5%
1,600
•
8
"12%
Apr
20%
8
10
International Products
Apr
53(4
*
shs__*
*
98
110%
8%
53(4
50
Preferred $3.50 series
International Metal Industries A
(11%
Jan
104%
"
106(4
Hydro-Electric—
shares
16%
Jan
88%
750
11%
10
coupon
Jan
■'% 4% Feb
416% Apr
Jan
Feb
106(4 107%
£1
International Petroleum
10%
..,
Feb
11%
pfd__100
International Cigar Machinery
Investors
Royalty
Mfg
Fireman
v
V
13
1
•
1
*
t c
Irving Air Chute
1—
Italian Superpower Corp com cl A
.
1,900
9(4 Mar
21%
1,800
20% Mar
22%
11%
12%
500
10%
Feb
12%
26
26
100
25%
Jan
26
12
5
n
%
3% Mar
%
1,200
,,
■7
17
6%
Jan
iy8
Jan
Apr
Jan
3%
2% Mar
Jan
2%
2%
600
1
5%
5%
600
4%
Feb
6Va
Jan
4%
Apr
5%
Jan
37/a
Apr
4%
Jan
Feb
20 ya
Jan
1
Preference
4%
4%
100
•
Jim Brown Stores common
3%
3%
100
'
—
19
—
K
Jan
25 Va
Apr
24%
Jan
Jan
24%
Apr
Apr
9(4
Jan
%
Feb
A
Jan
200
77%
Feb
88 Va
Apr
Feb
78 y4
Apr
20 Ve
Jan
23%
100
21 Va
ctfs of
•
A
%
A
10,900
85(4
85%
preferred B ctfs of dep
100
100
75
74%
76
2,025
66 Va
Louisiana Land & Exploration
1
18%
18%
18%
5,500
16%
Feb
111%
Feb
11%
Apr
Common
dep
preferred A ctfs of dep
7%
6%
1
Kaiser-Frazer Corp
Kansas Gas ft Electric 1% pfdKawneer Co
.108
Kennedy's
5%
5%
6%
III
125
125
125
13
Louisiana Power & Light $6 pfd
Lynch Corp
-•
1
Macklntosh-Hemphlll Co.
Maine Public Service Co.
10
~7%
10 %
300
104% 104%
ft Co—
20
Kimberly-Clark Corp—
.10*
Jan
Apr
—
preferred
Ltd
7% Mar
8%
Feb
7%
7%
100
13%
13%
600
10%
Jan
13%
Apr
14%
13%
14%
100
13
Feb
14%
Apr
25
Apr
25
Apr
•
38
Jan
38
Jan
(The B) Co
Mapes Consolidated Mfg Co
Marconi
International
Marine
Harris
Corp
$2.50
Menasco
8(4%
A
Mesabl
Sugar
Co
1
2.50
•
10
—1
common
preferred
Micromatic Hone
Corp
—
Middle States Petroleum class A v t c
v
Feb
2
13%
Feb
17%
Jan
Feb
37
Feb
1,500
7%
8 (/«
200
13%
1%
1%
14
1%
2,500
1,700
Ex-distribution
———
Midland
Steel
Mldvale
Co
5y8
•
*
10
Oil
Midwest
Piping & Supply common
Wohl
Miller
Co
Co
60c
50
common
*
convertible preferred
4%%
•
1
Refineries
Mid-West
•
pfd.
16,800
Molybdenum Corp
—1
Monogram Pictures common
1
Monongahela Power Co—
4.40% cum pfd—
—IBB
4.80% cum pfd series B
100
Monroe Loan Society com class A
1
Ward & Co class A—_•
Moody Investors partlc pfd
•
Morris Plan Corp of America
10c
Mountain Producers
10
Mountain States Power common
•
Mountain States Tel & Tel.,
100
Mt Vernon-Woodborry Mills
B
Murray Ohio Mfg Co
•
Muskegon Piston Ring common
2.50
Muskogee Co common
19
Muter
Company
Jan
1% Mar
2y$
Apr
Feb
6
Jan
Feb
109%
Jan
3% Mar
5 V»
Apr
Jan
6
Mar
Jan
48
Mar
5%
—
*
'*v
5%
100
5%
Jan
7%
7%
100
7'/4 Mar
9%
600
1
Jan
l'A
Feb
Jan
Jan
1%
1%
6
lVa
6%
300
5% Mar
6%
Jan
7%
600
7
Jan
8%
Feb
31%
Apr
32%
6Va
Feb
8%
Apr
Apr
7%
32
~7%
7%
32
8
200
3,000
Feb
2%
25
9
Mar
10%
Jan
Jan
24
100
23
Mar
25
Apr
13%
725
12
Feb
3%
3%
100
Jan
16%
4%
Jan
18%
18%
18%
100
18 % Mar
19(4
20
21 Va
~2%
"2%
*2%
1,300
2%
7%
2,500
6% Mar
31%
100
2
2%
9
9
24
12%
2
—
13
7
7
31%
■
8%
—
6,100
9
1,000
30
150
1%
3%
Mar
Feb
3
«,
Feb
Jan
Jan
Apr
7%
Jan
Feb
32%
Jan
8% Mar
10 Va
29%
Jan
93%
29
—
Jan
97
Feb
24
Feb
30
Apr
8% Mar
7%
•
7%
400
6%
Jan
2%
400
2V2
Jan
Jan
95
Mar
99
••••
2%
89%
7(4
•.w
Jan
101%
Apr
Apr
2%
2%
2%
168
x33
4
2%
300
169%
110
x33
4
25
100
2%
167 Va Mar
33
3Va
Apr
Jan
12 % Mar
13 Ve
12%
13%
600
32
12
32%
1,100
31 y4
100% 100%
10
97%
20%
21%
150
17
24%
25
100
24 (4
8%
3% Mar
176
37%
Jan
Jan
Jan
4(4
Feb
14(4
Jan
Feb
Feb
33%
103%
Jan
Mar
22%
Jan
Apr
Jan
12%
9%
200
12%
100
28
Apr
Feb
10%
Jan
Feb
13%
Jan
Feb
12 V*
Jan
12
9%
9%
11
9
25
$0#
common
15%
5%
100
*
Jan
Feb
13%
3%
BOo
Midwest
Jan
9%
45
Products—
dividend shares
common
Abrasive
Mid-West
8
•
$1 conv pfd
32%
7»/4 Mar
108%
4%
Middle West Corp—
Midland Oil Corp
Jan
Mar
5
1
1
t c
6
27 y4 Mar
IBo
—18
-
Jan
6%
(8
14%
4%
Michigan Bumper Corp
Michigan Steel Tube
Class B
3
Feb
2,000
13%
14
Co
Participating preferred
6%
1%
100
preferred
Metal Textile Corp common
Michigan
1%
Feb
Feb
,
Iron
Jan
Jan
35
^.1
Warrants
8%
19 Va
2%
7%
1
-
Apr
15%
50
13%
—•
Co
&
Feb
Feb
7
100
*
Mfg Co
—
Chapman & Scott Corp—
Merritt
6
•
Dredging
Johnson
Mead
2%
6
1%
S
(A G) & Co class B—
McWilliams
400
100
18
2%
—1
i
—
7%
6
1
10
common
preferred
McKee
18
*
common
McClanahan Oil Co common—
McCord
7yB
10
common
Mfg Co
2%
2%
11
Shovel
Power
convertible preferred
5%
Mar
13
Jan
3
N
Nachman
Corp
Inc
Namm's
—*0
1
1
.
common
Bellas
National
Hess
common
3%
3
Mfg & Stores
3%
3
32
3%
3>/4
32
Mar
5V2
8,300
2% Mar
3 Va
Jan
180
29 (4 Mar
33%
Apr
400
34
preferred
National
"9
,
"5%
8%
"9%
9
7,500
700
Jan
common-
National Radiator Co
8
8
8%
1,500
6%
6%
6%
400
400
34
Jan
Jan
8%
Jan
9%
Feb
8
Apr
11%
Jan
9% Apr
National Pressure Cooker common
8
Apr
6'/a Mar
7Va
Jan
11%
Feb
10%
Jan
9
Jan
8% Mar
Transit common
3%
Jan
Nen
12(4 Mar
- Mar
105
Mar
5% Apr
5%
6,200
3%
33%
33%
275
26%
Jan
15%
15%
100
15
Feb,
2%
2%
800
'
2%
Feb
11%
700
9%
Feb
IA
li3e
300
1
Apr—?:
33%
Apr
Zinc———
Mexico & Arizona Land
New
Process Co
N
Y
Auction
Co
common
Honduras
Rosario
Mar
N
Y
&
3
Jan
N
Y
Jan
N
Y
Merchandise
Shipbuilding Corp—
1%
Jan
3% Mar
3%
3%
3,700
2%
Apr
4%
Jan
Feb
8%
Jan
14%
Feb
15
100
79%
81
1%
240
300
4
350
56%
57
1,900
10%
9%
11%
33,000
1%
-
3%
56%
1%
1%
1,200
Founders shares
18%
Apr
16(4 Mar
Apr
6%
Feb
Apr
87 Va
Jan
1
Mar
2%
Jan
3
Mar
79%
56 Va
6
1%
65
common
17
12%
Apr
1%
Co.
Co
Park Mining
New
3%
3
17% Mar
5%
79%
convertible preferred
New Jersey
New
103
32
4%
4 k %
9(4 Mar
Feb
England Tel & Tel
Haven Clock & Watch
100
2,300
15
Neptune Meter common
Nest) i Le Mur Co class A
13(4 Mar
9%
Corp
(Herman)
7%
17%
3
Ltd
7%
17%
7%
National Rubber Machinery
National Steel Car
13
11%
Co
Jan
•
Feb
Jan
5%
Feb
14%
1
Feb
XT:^ Mar
2%
*
common
800
Manlschewltz
New
15%
Kings County Lighting
12%
113
Mangel Stores common
12%
125
10
preferred
'
—-t
Xl2
xl2
—
M
11%
400
~7%
9(4
126 (4
5%
20
—
7%
-
Apr
123 Va Mar
28,500
12%
.
Inc
common
86
8
'
Nelson
'
26%
Jan
200
22
500
National Union Radio
cumulative
Feb
21 % Mar
25%
25%
6ya Mar
8%
National
4%
Jan
Jan
500
6%
•
Co
King Beeley Corp
Kingston Products
Kirby Petroleum
Klrkland Lake G M
Jan
Mar
7%
7%
6%
—
Apr
1
% <£
Jan
11%
Jan
1%
Jefferson Lake Sulphur Co
4
13
10(4
Jan
Jeannette Glass Oo common—
Kldde (Walter)
Jan
Feb
21
22
Fuel Gas—
National Mallinson Fabrics
Key Co
Jan
Apr
iae
%
8%
7%
Kokenge
6%
10%
6%
4,000
class A.
National
ft
Apr
Feb
9 Va Mar
10 %
National Breweries common
Julian
23
21%
"
Iron
Jan
1
Montgomery
ft Ireland
Indianapolis Pwr ft Light 4%
16%
13%
16%
16%
8
Insurance Co of North America
Registered
%
20% Mar
25
$2 non-cum
:'J 3% Apr
Apr
Imperial Chemical
International
100
1,000
%
Chain
Missouri Public Service common—
Zinc
~%
•
Mining Corp of Canada
Minnesota Power & Light 5%
Illinois
6%
10%
6%
XlO
••
1,200
8%
Apr
43%
Huyler's common
1st conv
1
...
ft
stock
,''v "
^
72
3%
Common
23
1
Apr
40 Va
20
138
19%
73%
Mfg Oo
.Hussman Refrigerator $2.25 pfd.
&
Lock
5%
Longlnes-Wittnauer Watch Co
Long Island Lighting Co-
Mar
250
.'7-
,
42%
32
100
.8
Hurd
200
4,400
Jan
10% Mar
'
I-"I*
preferred.
Humble
6% Mar
6%
23%
'
5%
Hubbell
Apr
Jan
2,700
6
22%
Feb
9%
•
138
Horn ft Hardart Baking Co
:
Horn ft Hardart common.—.
Feb
8%
12%
Jan
27%
42%
;
/,•
15%
Jan
Mar
6%
93
''
uw'1
;
U—■.
'
_
•'
:
I
-
Mar
600
43%
•9%
4
15
9
Feb
8%
f'^.M
8
7%
•
III31*
...
& Co new com
2
Jan
68
43%
eommon
Inc.—
(Geo
Jan
10% Mar
•
•
.
8%
22%
Jan
2%
10
v ;;
X''
!"
■
x50(4
11
*
.
500
;.V
—100
preferred w w
......
100
preferred w w
-1
Henry Holt ft Oo common
10 ;
Hoc (R) ft Co class A——,..i
Holllnger Consolidated G M
A
Holly Stores Inc.—.
Holophane
.
1,200
;700
8% %
4%
■
:
•-
;•
Apr
•
8% Mar /;
9
9
/
•
17% Mar
Apr
1%
,
11
10%
10%
25o
A
7%
Apr
1(2 Mar
700
13 %
13%
7(4
:
8%
45%
1,100
8(4
13(4
8
Mining Oo
Heller Co
_
*
Hearn Dept Stores common
■
Apr
Jan
IB
Jan
15%
270
■
..
.
6%
"4%
iu
300
1%
1
-
Hazeltine Corp.
1%
1%
1%
1
£'/•>
46 Va
1%
1%
15%
45%
^
46
.
.1
Brewing Oo
15%
15%
-•
Apr
7% Mar
•
200
•
Hartford Electric Light
Hartford Rayon common
Class
Jan
13%
22%
I
IB
Inc 6% preferred
Lone Star Gas Co. (Texas)
Massey
4%
4%
4%
.8
•
Paper common......""1—5
Helena Rubinstein
Jan
5%
Jan
6%
B
Co
Groceterias
McAleer
Lamp Co
Hamilton Bridge Oo Ltd
,
13(4
Apr
8%
7%
.Jan
8
.v
H
Ball
Hecla
Apr
4
8yB
1
II
I
Communication Co Ltd
.
11%
7'/4
Class B
Marion
Harvard
400
1,900
8%
Apr
80
138% 140
140
.100
Grocery Stores Products common- ,25c
.100
Gulf States Utilities $4.40 pfd
Gypsum Lime ft Alabastlne
.
12%
12%
8
Tea—
stock
Great Northern Paper
Hammermill
12% Mar
Apr
110
5%
10
—5
Co.—
ft Pacific
700
7%
7%
1
Grand Rapids Varnish
.
Jan
12%
1
common
Locke Steel
H Jan
49% Mar
53
51
52
Graham-Paige Motors 8% conv pfd -28
Non-voting common
1%
1st preferred
-
University
Lit Brothers common
Feb
Jan
%
..50
Mfg Co
Great Atlantic
43
'
Mar
52%
1
Goodman
Gray Mfg
Jan
74%
•
...
Mfg
2%
Jan
4%
$4.50 prior preferred
Goldfield Consolidated Mines
Gorham
Tourneau
Line Material
'
Inc
Gorham Inc
Feb
'MM
12%
1
I
I
Realty common
Oil Development
Leonard
116
~9%
Glenmore Distilleries class B
Class
6%
12 y4
'
Foundry ft Machine
Corp of Delaware
Lanston Monotype Machine
Feb
10
•
Coal
Alden
1,900
100
25
Gladding McBean ft Co
Glen
7(4
12%
11%
11%
Lamson
14% Mar
•
Co
Apr
6%
—1
—1
-
La key
Jan
•
(AC)
5%
Jan
Lake Shore Mines Ltd
113%
25
"5%
5(4
5%
1
Jan
18%
12%
7(4
Co
Company
Apparel Inc
L'Aiglon
106
•
Giant Yellowknife Gold Mines
Mar
20
100
Mar
2(4 Mar
3%
95
•
preferred
200
(4x102 Va
X102
_
General
6
V
7%
-•
Outdoor Adv 6% pfd
100
Phoenix Corp
1
Plywood Corp common
50c
Public Service $6 preferred-.*
General
6
6VB
10
5% preferred series A
General Fireproofing common
Jan
12
18%
18%
Knott Corp common
Kobacker
Stores
Lsclede-Chrlsty
8%
£1
1
dep rets ord reg
10
Feb
8(4
23
,
General Electric Co Ltd—
Amer
High
Feb
9%
Jan
200
Low
10% Mar
Oo common
Brewing
Range Since January 1
High
Apr
3(4
6%
Shares
Rubber Co
(IB)
Krueger
Sales
,
for Week
of Prices
High
Low
■
Klein
Gattaeau Power
Week's
Range
Friday
STOCKS—
New York Curb Exchange
for Week
of Prices
-
33
WEEK ENDED APRIL 29
Sales
Range
Sale Price
Curb Exchange
(1909)
EXCHANGE
CURB
YORK
NEW
CHRONICLE
FINANCIAL
IV2
Jan
Apr
67
Jan
Feb
11%
Apr
1%
Apr
Jan
Apr
75
Jan
8%
...
28%
28%
50
Apr
8(4
Jan
26%
Feb
30%
Apr
10%
Apr
13 Va
Feb
16(4
Jan
20
Apr
34
THE
(1910)
COMMERCIAL
YORK
NEW
Last
New York Curo
1st
10%
ll'/a
38,200
.100
96%
96'/a
99 %
700
preferred
—
fls
V4
700
'
B
Nlles-Bement-Pond-
North
lOV'a
94 Va Mar
North
Central
Northeast
North
Utility
Texas
RR
Jan
2,100
7%
Jan
9 V4
300
8V2
Apr
pfd
Inc
Apr
91/2 Mar
Bait Dome Oil Co
Samson-United
Jan
Corp
Inc
Oil
Savoy
Jan
11
common-
12%
1,500
Scovill
Manufacturing
Feb
2
Apr
Scullin
Steel
Feb
15Vs
Jan
6 'a
6'/a
Cprp
14%
Apr
Securities Corp General
Beeman Bros Inc
Jan
Feb
Corp
Brass
Oklahoma
Ola
Co
class
4%%
Oliver
United
B
75
101%
Jan
102%
Feb
7Va
6,000
6 Va
Apr
11%
Jan
Selected
14 Va
600
14 Vs Mar
15V2
Jan
Gas
new
15
30%
com
Distillery
Filters
Overseas
shares
8%
31 %
8%
21/2
Feb
Feb
4,400
500
30%
8V2
Jan
40% Mar
Jan
Jan
112
31%
Apr
9'/s
Jan
Apr
Feb
7%
Apr
14
Mar
11
100
Apr
14
Jan
15%
,15
15
;i
11
U
11
.
Securities
150
290
12%
1
O'okiep Copper Co Ltd Amer
2
35 %
106%
6:400
107 Va
30%
8%
1
•
class B
Inc
2
39 %
107
107%
7%
400
15
Apr
22%
Jan
7'/a
200
7
Jan
7%
Jan
Lighting $5
Pacific
Power & Light
preferred
5%
Pacific Public Service
$1.30
1st
Pancoastal Oil
Pantapec Oil
Paramount
(CA)
32V4
Apr
36
Jan
1,000
29V2
Apr
32%
Jan
775
94%
50
] 00 %
sh
A or
10*%
Jan
94
Jan
98
Mar
Feb
171/2 Mar
23%
8 Va
Jan
251/2
Feb
38'/a
100
381/2
Apr
38 '/2
Apr
2 Va
2%
11,400
2V2
Apr
7 Va
8 Va
7Vs
42,800
IIV2
Apr
$1.32
14'/2
Apr
17
Jan
20
Feb
24'/2
Jan
13
Feb
15%
Jan
55
Mar
3
Jan
13%
1
13%
14'/a
300
•
Ltd
2
Leather
Seton
4%
4%
200
common
•
Corp
5Vs Apr
Penn Power &
Light 4%%
Penn Traffic Co
Pinchin
% Mar
Jan
4% Mar
59%
Jan
1
2%
2%
2 Va
1,100
1%
2%
Apr
Sherwin-Williams
Breweries
§Solar
South
Coast Corp
South
Penn
Southwest
6%
conv
4.48%
conv
4.32%
Dredging
Oil
(Ky)
4V4 % cumulative preferred
Puget Sound Power &
Light—
•
(The)
Steel Co ol
Corp.
Canada
6%
1,800
6'/s
8%
Jan
14'/2
Apr
95 Va
Jan
Sterling Aluminum Products
Sterling Brewers Inc
{Sterling Engine Co
Sterling Inc.—
•
com
99
(A)
61
Co
common
Jan
Stetson (J B)
7Va
Feb
8%
Jan
Jan
HVj
Jan
3,200
1V4
Apr
1%
Jan
Stroock
200
7%
Apr
Ri/4
Jan
Sunbeam
Jan
10%
Jan
Sun Ray
:
Jan
95
95%
125
94
Vs
Jan
700.
14%
Apr
21%
12%
& Co
—
■
.
5%
Jan
Oats
common.
86%
87%
144 %
%
%
Feb
3
Jan
3%
Feb
7%
Apr
8
Jan
3
3
300
2% Mar
3%
Jan
1,500
V*
27 V*
28
13%
14%
14*8
27
143% 146
44
42
85%
143%
170
Jan
92%
Jan
Apr
1481/2
Jan
Feb
14 % Mar
R
Packing Co common
Raymond Concrete Pile new
$3
convertible
Raytheon
Rels
Shoe
18%
19%
5%
27
27
27%
24
24
'
3%
3%
-
4%
4%
34
%
—
21 Va
2
2
for
ord
reg_.
Rome Cable Com
common
Roosevelt Field Inc
Steel
Co
1
Apr
Mar
21%
2 Va
1%
-L
300
500
2
Power &
Light 7%
Shovel
Thor
Corporation
Tllo
Co
new
—
2114
75
8%
8%
1,600
45'a
4%
400
31 >4
2,700
c.
—
10
29
29
1
•
,1.25
7'/4
j
6
&
Allied
200
300
8
2,400
6% Mar
8%
18 % Mar
21%
3%
19%
19%
20 V4
200
4 Vs
4 Va
100
17%
5%
7V4
6
200
9%
29%
1%
Xr
Hivnuc
common.
page 33.
rets
def
Jan
Apr
Feb
4% Mar
Mar
18
Mar
10%
1,400
28%
Feb
30Vs
900
1 %
Feb
2%
Apr
1%
100
1%
Feb
2
Apr
80
112%
Jan
139
1 Va
136
7
7 Va
3
3*8
%
Jan
Jan
Apr
500
v.
7
Jan
7%
500
2%
Jan
3%
2
3%
~3
Jan
2% Mar
2%
Jan
3%
72%
lv»
1,700
72%
73%
230
11%
11%
400
3
Jan
Feb
Jan
67%
~6%
6 Va
•
V'
6%
Va
1,500
10%
-
10%
1%
2%
12%
300
13
Jan
Jan
11%
13
1,200
30%
32%
•
1,950
16%
16%
2%
12%
Jan
Mar
Feb
10 Vs
1,900
2% Apr
12% Mar
Jan
13 Vs
Apr
X28
150
2%
2%
Jan
%
5
1
Jan
4%
Feb
10
■
Jan
lVa
Apr
10%
v
6%
% Mar
3 %
12,800
12%
32
Jan
15
■
•
50
2%
12%
'
Apr
24Va
Apr
5%
1,300
3%
„
'.4+X.;
75
Apr
11%
200
*4
3V4
%
';
Jan
20
_1
41
Mar
14
Jan
Apr
17
Apr
Apr
Jan
Feb
5%
Apr
2%
9%
IF
11
11
29
Jan
3
•
Trans
^
Tung-Sol
3 V»
Feb
Feb
% Mar
-
5%
Jan
80c
10
4,900
Mar
17%
Jan
10%
Apr
13%
Jan
400
10
1
Apr
10Va
200
11%
Feb
13%
Jan
52
Jan
60
Mar
10 Va
12%
:
12 Va '
—
5%
1,700
48 VA
2
100
2%
200
1%
Feb
96 V*
250
91%
Jan
%
2,300
11
Feb
18
0»n
1
3%
3%
3%
2,000
3 Va
Apr
4 Va
Jan
2%
,2 V.
2%
1,700
2Va
Feb
com
1
preferred
•
—
'
Chemical
Feb
2%
Jan
Union
of
*
2'/a
Realization
Gas
Corp—
Corp
10c
Canada——
Jan
Apr
7Va"
Jan
9%
300
9%
Jan
11 Va
Jan
1%
1%
2%
1
Jan
1%
Apr
1%
Feb
3%
Jan
7%
Jan
9%
Apr
Jan
6%
Apr
92%
Jan
97%
Jan
Feb
57
Jan
1,000
2%
9%
100
6%
2%
9%
400
54 %
„
__
(
Union Oil Co of California—
$3.75 pfd series A
Union Stock Yards of Omaha
'
50c
—
—
100
United Aircraft Products com
United Chemicals common
Jan
93
Feb
21 V'4
Apr
27
*
94%
95
50
Jan
10
5%
37
Feb
Corp
United
6%
Apr
8
300
800
5%
Feb
6%
Jan
5Va
300
3%
Feb
5%
Jan
4
Jan
5 % Mar
Feb
2%
Elastic
Corp-
United Light & Railways
United Milk Prr ducts common
Preferred
Vs
4,200
34%
100
%
3<a
29
29%
150
16%
17*4
9,700
x26%
28 Va
13,800
2%
7,500
33
Apr
Mar
3%
Jan
Jan
39
—
*
7
17
28 Va
•
*
% Mar
~ie
Jan
26
Feb
29%
Apr
16Va
Apr
21
Jan
21
Feb
28%
9
———-—*
10
3
34%
&
United Gas Corp common
Apr
2%
-
warrants
Feb
7%
10
*
__
United
Apr
5%
Va
2% Mar
24%
5V»
4
Jan
89
Mar
'
100
9%
9%
5
5% Mar
,
5'%
U
Unexcelled
7
Jan
4 Va Mar
Ulen
Feb
Jan
24
2% Mar
98
5 %
Jan
x6%
Jan
V.
Jan
Apr
Feb
Jan
60
u
Jan
28%
6%
Jan
Feb
Mar
94 Va
25%
Feb
%
45
Jan
%
Apr
Jan
Feb
128
15
94%
21V*
8%
120% Mar
100
1%
4
''
Jan
7 Va
1
_
500
48
21%
Apr
—
Jan
100
"% "%
Apr
1%
.
£1
17%
2
Apr
12,500
11
10
1
*
convertible
Apr
15 Va
16%
—
7%
11 Va
29%
Jan
—1
Inc
Lamp Works
Feb
Jan
10%
10%
5s
Lux
Trunz
J. -
11
26
16%
10%
70c
Apr
*
20
pfd
Tonopah Mining of Nevada
Apr
4%
Jan
300
15 Va
•
regis
Jan
5% Mar
11%
1,000
x29%
13%
5
common
20
4%
see
dep
Shipyard Corp
Toklan Royalty Corp
56
5%
—
For footnotes
% Mar
2
134
134
9
Jan
"
16% Mai-
400
29%
1%
Apr
4 Va
Jan
2 Vs
150
29%
1
5
Construction
26
-
7%
•
Rvo*«rtn
18
3%
Feb
%
Jan
Jan
39
2Vb Mar
100
7 V'4
100
Stocks
Apr
5
%
Feb
6'/a
3
"%
1
Roofing Inc
Realty
Tishman
&
pfd
common
common
Union Investment Co
1,500
-
21%
8*4
Apr
31%
Jan
26% Mar
Apr
4%
34
~VA
15
Apr
.—£1
5
24
300
—
—
1
;29%
200
4%
Feb
Apr
26% Mar
3
1
common
Corp
Tri-Continental warrants
100
1
U Jan
18
Jan
'
21 Vs
Apr
29%
29%
32
X29%
Inc
18%
1,300
%
•
44
Apr
28
15
?4%
2,800
3%
1
Rochester Gas 6c Elec 4%
pfd F
100
Pnpucf k
Pend'eton Inc common——*
Rolls Royce Ltd—
Rotary Electric
6V4
5
Valley Gas Co—
(Texas Corp> v t c
rets
1;!
■
1,000
Radiator
dep
■
600
4%
Co
Jan
Mar
400
~
Toledo Edison 4%%
25
4%
Grande
Amer
V/.'
1
&
J an
37
4,100
25c
52 Va Mar
24%
4%
.
Rio
—
8.25
Reliance Electric 6c
Engineering
Rice Stir Dry
Goods—
Richmond
Apr
Jon
-
__
24%
5
Co
(Robert)
V'4
15%
■
„•
common
Reading Tube Corp class A
Regal
—
*
com
11,600
HOO
TiT
18
ln
oreferred
Manufacturing
Jan
18
27%
28
28%
*
Amer
18
1
Rath
36 Va
Apr
100
27'/a
28%
•
-
Todd
%
10
Apr
14 Va
700
27%
•
common
Corp
Tobacco Security Trust Co Ltd—
Amer dep rets ord regis
warrant®-
A
1 Vb
27 %
10'
28%
—
Railway & Light SecuritiesVoting common
Railway & Utility Investment
Apr
Jan
400
•
Tobacco
Aadio-Keith-Orpheum option
Jan
26% Mar
12%
200
1
Drug common
Thew
220
13%
.100
93
Jan
6% Mar
Texas
preferred
Apr
Jan
8%
2,200
1,200
Technicolor
6%
10 V*
Jan
9
■
10
Quebec Power Co
Feb
13
Taggart Corp common
Tampa Electric Co common
Quaker
Jan
3%
•i
Jan
Mar
~9%
—5
Finch Oil Corp.
98 % Mar
15
(S)
Co common—
Superior Portland Cement, Inc
Superior Tool & Die Co
Swan
14%
—•
5
100%
7%
236%
7%
1
(Hugo) Corp
Stop & Shop Inc
Jan
Apr
Mar
3 Va
1
Stlnnes
10»/a
95%
6%
223
7%
1
—
200
350
300
360
•
com
-
.
400
99%
6%
234
3
•
.
Stein
11% Mar
'
6%
1
—-
93'% Mar
„
Apr
Jan
Jan
88%
1
6 Va
100
preferred
Jan
29%
1
Feb
"
4%
Apr
•
Corp
Jan
.
Feb
29 %
1
5%
7%
3%
50
9 V4
Co
12%
7%
Apr
300
11%
25 Va
•
Products
Jan
7%
Jan
13%
_3%
1
—
preferred
Standard
4% Mar
*
20
29 %
231
"9%
—r—_.10
1,300
•
Mar
"3%
-—20
Standard Power & Light com
Common class B
5%
Colorado—
18
Jan
Mar
400
10
common
5%
1 Va
60
107% Mar
12%
1
Standard Tube class B_
1%
14%
Jan
2% Mar
1
Corp
Standard-Thomson
1%
12 % Mar
53
--
•
Feb
1
Apr
100
2.78
Jan
38
22%
600
232%
25
Brewing Co
69 »/s
Jan
Jan
)
29 Vj
25
Stahl-Meyer Inc
x.u"/4
34
19%
•
Feb
175
Apr
4,000
13 Va
„
5
Apr
L-....
3%
%
Spencer Shoe Corp
62
8%
Feb
Jan
Apr
9% Mar
54%
25
preferred
cum
xi
11
11%
2%
3Va
Southern Pipe Line
Southland Royalty Co
1,160
35%
9%
500
25
1
preierence
2,600
8%
Jan
300
25
preference
19%
11
13%
Jan
10V4
12%
10
original preferred
cum preferred
4.56%
63%
34'/a
Apr
~3
—
12.50
4.88%
17
8%
Jan
ii
Edison—
62%
1
4%
1
Line
18%
2.50
Metals of America—.
Producers Corp of Nevada
Prosperity Co class B
Providence Gas
5
Apr
Jan
3
54 Va
1
common
Pipe
9%
Pressed
Puget Sound Pulp & Timber
Pyle-Natlonal Co common
Pyrene Manufacturing
Oil
Pa
California
63 Va
34 Va
Jan
2%
1
common
11%
•
Feb
21% ' 21%
1
39
•
78%
800
•
Co-
Feb
100
Feb
Apr
£1
Corp
Feb
Apr
78%
*
Manufacturing common
;((>i/2
2.50
Jan
105% Mar
1
Manufacturing
Sonotone
Starrett
&
Jan
73 %
100
xlO%
Jan
19%
13 Va
1
Paper Mills
125
4%
Feb
2,300
2Va
Jan
16
54%
100
preferred
(Howard)
900
3% Mar
Feb
3%
10
•
Solar Aiicraft Co
$7
Jan
Feb
City Gas & Elec Co—
3.90%
Smitn
Boss
Jan
16%
~3
10
*
11 Va
11%
2%
Apr
1%
•
Publications—
38
5%
4 Va
2%
•
Simplicity Pattern common
Simpson's Ltd class B
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux
2
17%
Mar
iff
•
convertible preferred
$3
11%
1
1
Jan
*
38
10
1% Mar
;16% Apr
21%
Ltd
11 Va
—25o
100
3*4
~2%
—1
Canada
of
5
common-
4,900
300
Corp of America class A
50
common
100
1 Va
100
38
Jan
1%
16%
75%
-*
50
Mar
1%
75
$1.60 convertible preferred
Standard Forgings Corp
Feb
Jan
—
25
Standard
Jan
19 Va
950
common
Jan
Apr
Apr
17%
preferred
4%
Apr
3 A
13
16%
Sheller Mfg Co
Sherwin-Williams
8%
24Va
800
16 Va
Shawinigan Water & Power——-—
1?%
Feb
13%
®
Jan
Jan
Jan
13 %
—
31/2
21/2
800
28%
1%
3,400
Standard Cap & Seal common
Convertible preferred
1U
Apr
2%
common
Standard
CO
1%
23
1-
—1
1
Apr
x'
211/2
3
Jan
Feb
1,600
2%
common
Jan
7
2%
3%
200
1,300
1%
._25
Feb
4.
11
300
v
Jan
/
1%
24%
1%
-
Standard
2%
1
Mining Co
prior
12 Va
Jan
shares
Alexander common
Power Corp of Canada
common
.6% 1st preferred
Pratt & Lambert Co
Prentice-Hall Inc common
$5
12%
i
1% Mar
600
$ I*
•
Pleasant Valley Wine Co
s:
12%
0
41 %
Jan
3
50%
a
~1% "l%
2% Mar
105%
uan
950
Apr
IVifeU'
O
?"%
100
3%
56
.55
'
2
Metallurgical
of
100
400
•
Lake Erie RR
Lake Erie
Service
4%
36 %
3%
55
*
Amer
&
Public
Jan
4%
50o
common-
Scale
Jan
100%
35%
35%
2®
Pltney-Bowes Inc
Pittsburgh Bess &
Powdrell
1%
100
2
,
Mar
81/4 Mar
Jan
reu
100
2
*
common
Pittsburgh
291/2 Mar
7
2,780
2.50
Pittsburgh
25%
Apr
1
8,400
2%
103% 103%
1
Ltd
"7% ~8'/a
1%
2.50
(Mass)—
Johnson
Pneumatic
2
100
Pioneer Gold Mines Ltd
Piper Aircraft Corp common
Polaris
"7%
'
•
pfd-
Philadelphia Co common
Phillips Packing Co
Governor
Jan
—
Penn Water & Power Co
Perfect Circle Corp
Pharis Tire Sc Rubber
Apr
47
27%
1
warrants
Penn Gas & Elec class A
common
Pierce
Jan
80
42%
25
common
Pep Boys (The)
Pepperell Mfg Co
200
43%
23
preferred
Penn-Dixle Cement
43%
43%
3Va
3%
Jan
23"
2%
Shattuck Denn Mining
Southern
Telephone
cum
Jan
1
3
—
$1 cumulative
preferred
Pennroad
Jan
4
v
Peninsular
Jan
38 %
2%
—.
Corp
8%
15
*
Co
Co
2,000
30 Va
94%
—
Parkersburg Rig & Reel
Patchogue Plymouth Mills—;
Patican
33'/a
•
t c
v
Amer
Motors
Pen
Apr
•
common
(CA)
7%
100% 100%
100%
100
com
preferred
Page-Hersey Tubes
Parker
pfd
300
29 %
•
7%
32%
33%
23
Jan
1
Corp
Radio
Slmmons-Boardman
23
2%
""III
6ilex Co common
Pacific
Jan
77
common
Safety Control
Serrlck Corp class B
Shoe
7%
8
2% Mar
1 %
15% Mar
Sentry
Sick's
Pacific Can Co common
Pacific Gas & Elec 6% 1st
pfd
5i/a %
1st preferred
1%-. Feb
100
16%
Inc
B)
(R
Sentinel
39
100
700
2
..
5
Industries Inc
Convertible stock
Semler
2
2
•
common
preferred
Natural
Poindexter
Omar
50o
common
Power
2%
2Va
13%
Segal Lock & Hardware
Seioy Shoe Co
Feb
89
O
Ohio
Jan
23
common
prior stock
Allotment certificates
Ohio
Jan
19%
11%
1
Co
$5.50
Ogden
8%
Feb
6% Mar
1
-25
2Va
101% 101%
100
Feb
16
2
1
3Vs
Apr
Apr
x88%
__1
6
400
3,500
3%
Sayre & Fisher Brick Co
Schulte (D A) Inc common—
11%
300
2%
500
7%
,
Jan
28
2%
2%
6 Vb
17%
251
(Del)
Jan
28 Vs
12%
S
—1
High
6
7'/a
371/2
300
200
n
Low
7
17
.49
37
%
30%
30%
%
Range Since January 1
High
17
—1
common
preierred
conv
Mar
900
29'/2
-50
„
10%
Jan
1st
Ltd
Corp
Lawrence
St
lVa
Oil
Pud Serv 5%
Northrop Aircraft
Novadel-Agene
Apr
%
9%
Securities-
Co
Northern Indiana
96V4
Feb
8%
\t
30
A—
Airlines
Penn
Jan
Va
1,000
Low
Par
Shares
Apr
30
class
Rayon
American
100%
9
Class B common
North
10 %
Exchange
for Week
Range
of Prices
Apr
8%
8%
-
1_5
—5
American
11%
'
—-
—
Mines
ruyiaaing
10 Va
»
■
>
Nineteen Hundred Corp common—
Jan
7%
La
Class
Last
Sale Price
High
92%
.100
preferred
optional warrants
Niagara Share Corp class B com— —IS
5%
Low
10*4
New York Curb
Range Since January 1
High
1
Niagara Hudson Power common—
o-/o
Shares
of Prices
Low
Par
Sales
Week's
Friday
STOCKS—
for Week
Range
Sale Price
Exchange
EXCHANGE
CURB
Sales
Week's
Friday
Monday, May 2, 1949
CHRONICLE
FINANCIAL
FOR WEEK ENDED APRIL M
RANGE
STOCKS—
&
Apr
10 Va
19% Mar
United Molasser Co Ltd—
21
Apr
Jan
Mar
Amer
dep rets ord regis
United NJ.RR & Canal
4
■
100
•
:
__
243
243
10
%
Jan
242 Va Mar
4%
246%
Feb
Feb
COMMERCIAL
THE
Number 4799
Volume 169
FOR
RANGE
Week's
STOCKS—
Last
New York Curb Exchange
Sale Price
WEEK
(1911)
CHRONICLE
FINANCIAL
ENDED APRIL
29
Range
Week's Range
Friday
Sales
Shares
New York Stock
Range Since January 1
Last
Interest
BONDS
for Week
of Prices
Period
Exchange
or
Par
preferred—
10%
Shoe Machinery
United
Preferred
40
1%
1
52%
Jan
Jan
14%
15 %
2%
2%
8%
Feb
A 7s
1%
Jan
Altalian
15%
Apr
Kansas Electric POwer
3%
Jan
Kansas
-~3%
'
Power
39%
41"
24 V2
24%
24%
150
2%
2%
2%
3,300
23
23
23
1966
5%
32%
$104
$108% 111
F-A
$101% 102
%s
...
at. 4%
Aircraft
4%
1
103%
105%
Apr
105% 105%
1
104'A
105'A
10
100%
104%
16
106%
108
100%
104%
Feb
41
x25%
Jan
2%
Jan
21
Feb
26
Feb
2
5%
200
Apr
Apr
23
6%
Feb
Mar
32 %
Jan
71
Apr
4
Hydro-Electric
Apr
5%
Jan
2%
900
2%
11%
100
11'/a
Jan
3
Feb
Apr
12%
6%
50-year
107
$104
104 %
J-D
$105'A 106'A
J-J
$105% 106%
$50
1960
debs
'
1
1%
-M00
1%
1,100
8'A
'*•'
A-Q
M-N
1952
$100
„
1%
1%
3'As
,4.
1V4
.
7%
Feb
7,300
•*
Ward Baking Co
warrants...—
Aircraft
Warner
3%
•
—-
v
Wentworth Manufacturing——1.25
preferred
*
Western Maryland Ry 1% 1st pfd__100
Tablet
Western
Stationery
&
—
200
10
.
''
f
Jan
Spalding (AG)
Apr
AStarrett
7%
115%
Feb
155
Mar
22'A
Apr
26
Feb
30%
Apr
36
Jan
21%
20'A Mar
-
2%
2%
Wickes
(R C)
& Co
Willson Products
Wilson
Inc.—
Brothers
5 %
5
•
Corp
(The)
Williams
preferred w
Apr
Apr
'
Inc.
Industries
14'/4
200
287A
400
Atlantic
Bell
Interest
Telephone
series
5s
5
ex
Apr
15%
Jan
33
Mar
Feb
5%s A
B'
3,500
1 If
Jan
or
Bonds
Friday's
Low
No.
High
105%
Af-N
j-J
I
/ i J-D
Q-F
j-d
J-J
M-S
199%*
V~;—
160%
108%
162%
23
100%
102
108 % 108%
4162% 165%
1998
.
101%
101% 102
10
89%
96
98%
■
96--
99%
95
92%
99%
106 % -106%
54
105
103'A 103%
14
103
106% 106 %
17
106
107%
Debenture
3s
1977
j-j
199
87
91%
90%
91%
91%
1969
——.1976
J-J
1981
104%
105%
99%
101%
A-O
M-N
1954
105% 105%
$100% 101%
101'A 101'A
105%
J-D
—.1962
of
N
a-o
105
99%
101%
102%
305
106%
A
111%
111% 111%
111%
1
63%
55
55%
55 %
May
42%
42%
3
42 %
48%
1965
J-J
96%
98 %
16
96%
100'A
1956
M-S
Elmira
A..:
ser
Water Lt
RR
&
5s
r
:
M-N
*3
117% 117%
Co—
•;"1
A6Vis with Nov 1 1940 coupon..1953
J 50
58
1953
$15
—
A6%s
ex
Finland
5s
1947 coupon
Nov 1
Residential
Mtge
Power
A 6
"
%s
A
M-S
J-J
$101% 102
101'A
102%
J-D
$103
102%
103%
1958
C
(Dec
1941
1
55
J-J
1970
3'As
M-N
104% 105'A
105%
A 7s
(Aug
1941
51
52%
-50
52%
9
F-A
(July
-
54
.
56
55
31'A
55
54
37
56
54
32
55%
54
J-J
$51 %
Stock and Bond Averages
'.
Below
.'
listed
•
1
on
the daily closing averages of
are
% $75%
18
'
6
Ju
''
- '
•
...
80%
82
.
_
9%
12%
.
40
M-N
—
—
v
$27
40
28
40
1947
1947
1931
1972
Bank of Chile 6s
Mortgage Bank of Denmark 5s
Parana stamped (Plan A)
Interest reduced to 2'As
A-0
J-D
J-D
2008
—
—
J-J
2012
—
J-J
(Republic of)—
2'As (ser A B C D Eli.——1997
de Janeiro stamped (Plan A)
J-D
Peru
.
Is to
_
—
,
Odd-lot
e
.
par
value,
a
transaction
Deferred delivery
(not included in
$Friday's bid and asked
being traded
£ Reported
2
First
Second
Indus¬
Grade
Util¬
Rails
ities
Bonds
Stocks
April
23
47.45
35.55
62.77
101.63
102.29
April
25
April
26—.
173.64
47.31
35.43
62.66
101.64
102.15
174.21
47.58
35.55
62.90
101.65
102.15
April
27
April
28__3i.__
April
29
173.76
_
_
1
_
.
65
trials
Rails
10
flat.
103.69
2A
2a
3 a
3%
86.31
103.69
;
•
r.
A
Date—
'
transaction (not included in year's
year's range), f Ex-distribution.
s range).
31
1D7/
18%
2fl
24% 29
103.73
98.47
•47.61
35.42
62.94
101.71
47.27
35.31
62.66
101.60
102.09
86.26
103.67
98.40
174.06
47.07
35.33
62.65
101.69
101.98
86.10
103.78
98.39
3 ,xs
3/8
Ex-liquidating dividend.
transacted during current week.
A-
: ■'
i :
:
Average
Quotation Bureau, Inc.
33.26 Jan 24
Low
31.05 Feb 26
—
31.36
31.27
31.27
-
31.22
April 25
—
April 27
April 28
"'■
April 29
Range for 1949
Closing
High
—— —
April 26
«■
98.47
103.74
2
2
range), d Ex-interest.
gBx-stock div. hEx"
r Transaction for cash
31.31
April 23
93.45
86.36
86.39
173.89
26%
94,A
282
232
b
2,8
(35 Stocks)
98.51
:174.56
_
80
'M
above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive- "conv" convertible; "M," mortgage; "n-v," non-voting stock;
"v t c," voting trust certificates;
"Wi'/> When issued; "w w," with warrants; "x w," without warrants.
,
102.04
_
—
61,4
15%
2
25% 25%
,
r-
43
•
in receivership.
Total
86.44
•
12/a
—
9
_9-,;
prices; no sales being
40
ities
--
41%
66
17% 18
17%
Compiled by National
Grade
Util¬
29
40
Abbreviations used
Jones & Co.
10
roads
trials
;
15
24 A
37,a
---
$45 A ——
$45% —
—
.^5
—
■ $75
b5
—
m
$29 A 31
—
principal,
n Under-the-rule transaction (not included in year
(not included in year's range),
x Ex-dividend,
y Ex-rights, z
10
*t Rail-
.Indus-
Date*—
Total
6A
13%
,
M-S
J-J
1919
I921
'A S
.
15
■■
of Bogota—
Over-the-Counier Industrial Stock
10
20
30
41
*
M-N
J-D
-Bonds-
-Stocks
'
•
70% 3 81%
70; "79%
—
i
-
37%
19
12%
$14'A 14%
M-S
representative stocks and bonds
the New York Stock Exchange as compiled by Dow,
No.
—
-
80
80
J-J
,—1952
(issue of May 1927)
(issue of Oct 1927)
ABonds
57
1952
coupon)—
32%
56
$51%
1952
:
1941
105%
$51%
1957
coupon)
•
39 *>' 41 •
M-N
F-A
City
Mortgage Bank
A7s
$66%
$66%
—
J-D
(Peru) 6%s stamped.1958
Maranhao stamped (Plan A)
Interest reduced to 2'As
2008
AMedellin 7s stamped
1951
•
52%
J-D
series F
A7s
32%
31%
58
104%
3
'
A7s
13
52%
1955
coup).——1955
series E
119
102
Range Since
Jan. 1
Low
High
Bonds
Sold
High
•
5s
*No
:
104
A-O
J-J
1955
1953
Sec—
—1957
series
6%s
A 7s
Lt
&
Power
1183/4
100%
'
v
—
or Friday's
Bid & Asked
Sale Price
Municipal Loan—
External
A 5
1963
Guantanamo & Western 6s
International
109
63
1950
3%s
Cons
Interest, reduced to 2%
A Russian
Government 6'As
41
.52%
56% .5 S®
56%
-mr
Power
108
108'A
Week's Range
Last
Period
■=
1948
Danzig Port & Waterways—
A External 6'As stamped
117%
1961
Green Mountain
Indianapolis
116
'33
jiOf):
Grand Trunk Western Ry 4s_
.
'
(Col) —
April 1946
1947r
•
Bank—
stamped
86
106%
w-*
$100% 101%
5'As
Rio
Marelli Elec Mfg
Ercole
1959
F-A
A Mortgage
—.1993
1993
1st
a
108% 108%
$318%
Valley 7s_
External
112%
m^e 4s ser B
1st mtge 4s
20-year 7s
Danish
—
Eastern Gas & Fuel 3%s
<
108'%
J-D
82'A
2
A-O
Interest
Mortgage Bank
Agricultural
A7s
Division—
J
—
15
85
10G% 107
Low
ALima
—
Delaware Lack & Western RR—
Lackawanna
—
106%
New York Stock Exchange
104%
106%
City)
84
M-S
41
28%
58
—2030
1960
5s„
53%
100%
100 %
Foreign Governments & Municipalities
106%
103'A"
4%s
52
30
"4
-
J-D
Newspaper Union—
6s conv s f debentures
ACauca
95
106%
(Bait
$50
7s
Jan
Bogota (see Mortgage Bank of)
M-S
1st ref 2%s series R
18
11
s
100% 100%
$15
3%S——1964
A20-year
a-O
Gas
52
52
$15
106%
M-S
mtge
47
50
J-D
2—1954
Electric
Penn
102%
108%
2
100%
106
101% 101%
J106%
—
1969
Gen
23
Friday
1958
Consolidated
52
BONDS
1966
2%s conv debs
39
debs
income
101
5s
1st ref mtge 2%s ser Q
52
107
96'A
Debenture
1st ref mtge 3s ser P
A-0
72
18%
High
18
1954:
(Bait)
1946
63
Jan, 1
Debenture 5s
■
A5s
Range Since
Sold
Bid & Asked
26
..Jan
95'A
127
123
.
Apr
iVf
105% 106%
1948
& Pwr
7
5
Hotel—
Waldorf-Astoria
Feb
8
2
100'A 100%
redeemed)—
Consol Gas El Lt
52
coupon
Washington Water Power
Week's Range
Last
1970
5s__
1947
West
106%
1960
Cities Service
-
48
West Penn Traction 5s—
100%
2%s_
<20%
A5%s
,
51
coupon—.1956
1956
1940
1
Jan
j-D
redeemed)
(20%
1
Dec
Jan
.
^Central States Electric Corp—
A5s
J-J
■[')'
Service Co—
Electric
107A
j-j
1964
.—
1946
14
Jan
1)1 Jan
7'A
9
Z
Sale Price
Period
1955
6s
United
Apr
104% Mar
Jan
Canada—
of
Edison
Boston
with Dec
A 7s
1970
C
Steel
A 7s
Jan
1953
City Electric 3 V4S
Bethlehem
Jan
10% Mar,
-
2'A
Low
Assoc Tel & Tel deb
Jan
Apr
97/a
1,200
103/4
—
ND
1
<
4%s
Electric
74
,
1
Exchange
Appalachian Elec Power 3%s
Associated
9
14
10'A
Friday
'
125
$70
Hydro-Electric Co—
1940 coupon—1953
8
23%
10%
—
105'A
82
125
Western
5s
£1
*
100%
104%
A-O
6'is with Aug 1
10
100
20
10
10%
8
BONDS
New York Stock
"
■
83
A-O
A6Vis ex Aug 1 1947 coupon—1953
United Electric Co of N J 4s—1949
"
SOO
101'A 101%
—-
2
Petroleum common
Woolworth (F W) Ltd—
American deposit receipts
6%
preference
Wright Hargreaves Ltd
Woodley
A
Apr
27A
20.800
143/4
28%
*
pfd——100
Wisconsin Pwr & Lt 4 % %
Terni
Feb
8'A Mar
—
'
4%
2%
25
w
Winnipeg Elec common.!
Woodall
:
3
83
1966
Industries—
stamped
2nd
5%
400
v
l
u
common
;
M-N
Corp—
9
8%
8%
1
...
106'A
99%
103
$105% 105%
F-A
(Hugo)
A7-4s
:
Jan
18%
Feb
16'A
1
15% Mar
Feb
14'A
'
10
Corp
106
104
103 7A
Apr
•••'
'
Oil
River
Wichita
105%
3
-
3rd stamped
Stinnes
$100
J-J
1970
3'As!
trust
(Hugo)
A 7-4s
Apr
100
\M*.
Stinnes
105%
104
■
105%
1989
.——1950
5s
Corp inc 5s_
collateral
5s
Jan
Jan
225
'
1
Weyenberg Shoe Mfg
Whitman (Wm) & Co..
,
139
32
•■■■'
22%
Elec
Gas &
114
102%
103%
—
.—1971
mtge 3s__—
l'A
Apr
63,4
112
—•
22%
31%
(Calif)
'
■T^-~
4..
——
1st
Southwestern
454
!$■:
Jan
■
■
Jan
Ga& 3%s——1970
Counties' Gas
Southern
4
101
113
$103'A 106 *-■■■:
105
156%
104
100
39
105%
$105
105%
OO s?
100%
101
104% 105
F-A
A-0
393A
101'A
'
114
$100
J-J
—
Southern California
Jan
2%
/
■
20
Westmoreland Inc
Feb
l'A
■'
;
*
com
...
Westmoreland Coal
2%
/.
6V0
6Ta
Utilities $6
Texas
West
1 %
350
1,600
3%
1%
*''V
1
Corp.—
Jan
10%
Apr
%
p
1%-
1
Mar
2'A
A—
*
$110
104%
M-S
—1973
—.1973
1st & ref M 3s ser B
Apr
^
"
1
l'A
600''
"
30
Co.———
A-0
Jan
111
Mar
109
V
1V4
1
M-S
1951
3s__„1965
California Edison
h-*
6
3s_1981
series
26
—
—1952
Joaquin Lt & Pow 6s B
Apr
106
—
154% 156
>
Jan
l7,a
Apr
•'
106%
105%
58
$102% 104
155
J-J
1998
—
9%
Jan
8%
1%
8'A
"
95
105%
—
$15
Scullin Steel inc mtge 3s
8%
93
$95
J-J
Co—
1
Queens Borough Gas & Electric—
5Vis series A.
Southern
'
107%
A-O
1940 coupop—1960
1947 coupon
Public "Service Elec & Gas Co—"
Oct
ex
100'A 100 34
J-D
A-0
—.1970
A6 Vis
34 % Mar
Mar
2%
•
•
preferred
Watch
65
10334 10334
--
cum
58
2
59
103%
Light 4%s
England Power 3'As
Safe Harbor Water Power Corp
'
$2
58%
A-O
to
%05%
H'%
preferred——____;—_._i..„___100
Waltham
102
M-S
Feb
"900
:
2%
''
Wagner Baking voting trust ctfs. ext.*
7%
108 7A
101%
M-N
'
*
Waitt & Bond Inc...
105
108%
--
Milwaukee Gas
64
20c
Co-.. J.*
102'A
"/■
New
W
'
38
...
San
Waco
9
105
J-J
3Vis..
50'A
2l
'
■
Jan
Feb
50
4%
:«< 4%
1
Manuafcturing
Vogt
J-D
.1969
1956
!•
37
1963
,..—1967
;——1961
N Y & Westchester Ltg 4s
—2004
Ohio Power 1st mtge 3'As
1968
1st mtge 3s
1971
Park Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3'As. 1964
Extended
;
36
Jan
23%
600
32%
_5
.♦
Inc.L.L.-.
Syndicate
•Venezuela
$15
2%
35%
1,000
5%
1
Co_r__L_^:__
74%
27%
2%
24%
*
Petroleum_i____L_^
5
J-J
Light 3Vis
&
;A6%s with Oct 1
Venezuelan
50%
Feb
Piedmont
Vanadium-Alloys Steel-
High
62
Feb
"
10
10
£____
50%
—1963
6s
3'As
Valspar Corp common.
$4
convertible
preferred:
65
2
300
<"2
L_l:-__'__10
common
Apr
1
Superpower
Midland Valley. RR—.,
Jan
6%
Nov
ex
McCord Corp deb 4
79 % Mar
Jan
3%
74'A
1%
2
50c
Utah-Idaho Sugar
Feb
75
1,600
1
'
1940
1
Jan
2%
LOW
72%
.
50'A
coupon.—1952
1947 coupon..——1952
A7s with Nov
Mar
1Q0
Jan. I
No.
High
Isarco Hydro-Electric Co—
12% Mar
5,000
...
74%
J-J
ctfs
escrow
1
37%
Range Since
Sold
Co—
Power
A Debenture
40%
500
5
1
Power & Light
Apr
Jan
Apr
Interstate
Apr
7%
7% Mar
,
.
~1
260
.1
Insurance
1%
45%
2,225
13%
Reclaiming Co_____
Universal Products Co common;.
Utah
46%
39%
•
•
Universal Consolidated Oil—-™Universal
Jan
5%
45%
40
10c
.1
Radiator common
S
United Stores Corp com__^__
Low
High
Low
High
45%
,1
Specialities common
U S Air Conditioning Corp—_
U S Foil Co class B
U S and International Securities
$5 1st preferred with warrants
U S Rubber
Low
1«
common—_25
25
United
U
.
25c
10
Profit Sharing com
United
"
•
Bonds
Friday's
Bid & Asked
Sale Price
'
v..
3a
EXCHANGE
CURB
YORK
NEW
Friday
&
-
31.22
K.nS, for 1948
-
High
Low
37.83 Jun 10
32.37 Dec 29
36
(1912)
THE
COMMERCIAL
OTHER
Week's
Last
American Sugar
American
Tel
Chemical
Relining
_——100
Tel
&
——*
Anaconda Copper
Low
37%
Katz Drug Co common
Range Since January 1
50
ShoggiSwitchboard
High
34% Mar
Salle
La
40 %
36%
Lea th
Jan
Jan
35 y4
10
4,380
143%
Jan
150%
Jan
189
25 Va
Apr
38%
Feb
316
29%. Apr
35
Ext-Univ
Boston &
6%
Carpet
29%
30y$
106
25
42
41%
16%
16%
Edison
Boston
32% Mar
7%
Maine
&
8%
class B
10%
1st pfd
100
—100
stamped
100
cl D 1st pfd stamped
Boston
Personal
Prop
100
Trust
•
Boston & Providence RR
100
Cities
100
Service
—
Eastern Mass Street Ry—
Common
118
118
10
103% 106
195
100%
Apr
42%
2,241
40%
Jan
16%
375
110
Field
120
Jan
Mickelberry's
120
Mar
Jan
Middle
Go
&
1st
preferred
series
Eastern Steamship Lines
Employers Group Assoc
First
National
A
100
Inc
—*
....*
_
Stores
•
General Capital Corp
General Electric
1
•
—
Gillette Safety Razor Co...
Kennecott Copper
Lam son
(Del)
Corp
Maine Central RR
5%
6%
—•
*
prior
pfd—_50
100
common—
preferred
——100
Mathleson Chemical Corp
*
Narragansett. Racing
Nash-Kelvlnator
New
*
Assn
1
—5
—
Service
England
*
—
Mergenthaler Linotype
National
Cos
1
—
Electric
System
New England Tel & Tel—
North Butte Mining
Northern RR
(N
H)__
Pennsylvania RR
,-20
43% Mar
Miller
19%
16% Mar
Modine
Jan
& Hart
prior
_100
50
10
2.50
—
Union
Association
Twist
United
38
43
Jan
5
95
4%
Feb
6
Mar
6 Va
15
5%
Jan
7
Apr
Northwest
9%
50
7% Mar
9%.
Apr
Oak
9%
—
16
—
16%
635
76%
—
76%
10
44
—
14% Mar
17
Inc
common
10
62
5
3
46%
American
North
Ontario Mfg Co
21 Va
600
19%
10%
150
2%
1,700
8%
1,950
2
7%
<
272
Jan
42.45
36%
2,059
595
44%
376
41
20
40
Apr
:Fcb
v
41
10
Jan
Feb
36%
47
225
36
30
7% Apr
Armour A Co
Apr
50%
Jan
Jan
—
53%
53%
100
52%
Jan
59
Mar
27
28'/2
350
10%
150
8%
Jan
11
13
800
Tel
12%
50
11%
Apr
15%
—
20c
20c
13c
Jan.
25c
10
/
79
80%
'
107
15 Va
530
31c
100
107
15
1
5%
79
5%
1
100
15%
720
15%
32
16
'
Feb
Mar
Inc
Thor
comntQh—
Co
Corp
Co
Trane
208
—
(The)
South La
28%
Apr
48Apr
35%
Jan
52'/*
Jan
39 Va
38'A
22%
,
38
%
22
23 Va
13'A
13%
A-
25
115
12%
Apr
Apr
22%
22"%
1,064
22%
Apr
121
1
Week's
Range
Light & Rys Co
Stores
Yates-Amer
43%
Jan
128
16%
Inc
L%,
,
40%
*
40%
Macvhine
6 V4
5%
Range Since January 1
9%
400
100
9
144% 145
6
"
500
38%. Apr
4%, Jan
144
-
Jan
150%
7%
Jan
1%
Jan
•
5%
1%
350
1
5
5
700
6%
800
31%
12%
5
32
12%
13
32
6%
,10
9%
5%
Steel
12%
32
100
Apr
Feb
36%
&
Steel
Pacific
Ry
15%
36%
Packard
Pan
'
36%'
9
Feb
27%
22%
11
9%"
/
;;'
Fe
;
.100
Y
._
Co
30Vs
__
30Vb
200
—
—
12%*
—
11%.
11
—_1
.*
9
9
"
6%;
Apr
53%
43%
43%
100
43
47%
150
40
10%
200
16
200
1
—
Butler Bros common
12 Va
10
Biscuit
Corp common——1
Convertible preferred ■—
—•
common——50c
Chicago Corp common
Chrysler Corp (newi_*__
1
—
Cities Service Co
common—
102
Domestic Credit
Mills
of
common
Motor
Radio..
1
,-
Car^__
A'A I 37
13%i
A.
.
new
;
"-1,800
400
A'.
21/#.
10%
Fox
(Peter)
General
Brewing
.'-.
Goldblatt Bros
Gossard
Co
Razor
common
H)
(The)
Corp
of
33k'
•
4
71/*
A
Illinois
Brick
Co
Steel
International
For
Prod
Feb
United
,■*;
2
A;
4% Jan
11% -Apr.^ ;;i-A.;T55/k.AJanvA
AA 10% Feb
Y' 13 % Jan
500
8%
20
100
20
26%
3,608
25
Jan
27
30
30
10
28
Mar
30
26
7%
100
26
Apr
31%
Jan
3
6%
100
5% Mar
3
400
2%
10%
50
10%
5
5%
450
8%
8%
100
10%
8%
12
II
12
1
6
6
6
—
20
57%
57%
57%
7%
7%
7%
1,000
29
Apr
Feb
56% Feb
7%
Apr
7%
Jan
Jan
6
9
6
Jan
Laundry
Balcrank.
!
Mach—.
Cinn
.
Gas &
4%
Jan
28%
Apr
8%
Jan
12
Elec
Apr
14% Feb
17
Jan
15%
&
Sub
32%
Jan
Bell
Drug
9%
10
Jan
350
Feb
6%
17%
Apr
500
Gibson Art
6
Apr
9%
Jan
50%
10
Hobart
48
Feb
Jan
Julian
15%
common-*
17%
17%
17%
common
1
23%
23%
50
4
250
•
xl5
'
100
200
Apr
53
17
Jan
Kahn
(E)
Sons
11%
18'/a
Jan
3% Mar
Kroger Co
4%
Jan
Lunkenheimer
Jan
•
Apr
27%... Jan
»
5%
common
Kokenge..
9 % Mar
23%
30'
Jan
l7Vk Jan
7374
Feb
"16%
Apr
.
Feb
9% Mar
"2%
T
Jan
16% Jan
,
21%
Jan
Jan
11%
:
Jan r
3 Va
Apri-
li
11%
Jan
Jan
common
preferred
i
....
26 Va
27 V4
101"Va 101 y4
22%
Jan
50
21%
Feb
26 Va
Apr
High
Apr
3%
349
2
100
25%
5
6
29%
.
Jan
Jan
Jan
102%
.
5
7%
Apr
'
506
67% Mar
76% Jan
135
11% Mar
12%
Jan
6%
800
6
Feb
7
7%
Jan
35
6
Feb
8»4
Jan
7
17%
85
23%
100*
51
51%
65
44
Jan
51%
Apr
20
20
18
19%
Jan
2i y2
j-an'
19%
12
18%
23 VA
51%
19%
19
Apr
20%
Jan
12
12
10
11% Mar
13%
«hin
46
172
45%
Apr
471/2
45%
•
100
16%
-
Feb
23
Jan
■
Vk
19% Mar
i
27
48%
I.——1
Feb
Jan
12 y*
>4
*
*
Feb
Feb
23%
-
1,601
71%
11%
*
*
-
5
256
5y4
69
A 6%
,A—10
50
common
Magnavox Co
:
21%
71%
Range Since January 1
Low
A'
'
Y—A*
•
Sales
3%
21%
:
22%
11%
*
.....I
_A_
Mfg Co
&
16% Mar
250
4
24
Feb" ' A
Feb
High
5
—____10
...
*
27%
—
I_____*
common...
17%
8% Mar
8.50
j—____25
—
17%
15%
900
300
Shares
3V2
Tel—_____________50
Eagle-Picher,
Formica Insulation
15%
5%':AprA,
for Week
22%
V._V
Cincinnati Union Stock
Yard—
Crosley Motors __A
Dow
22%
—.100
Jan
300
1
2,600
of Prices
Low
20
common.
preferred
Cincinnati Street
Mar
13%
6
A
Range
l
Feb
9%
100
150
"
3%
Week's
Par
6V4 Mar
62%
200
14%
r A
Apr
27% Jan
14y8
.•
100
'
3W>
9Vi
Jan
15
400
.
Apr5
:
65%
2,300
' "A
10»4 '10'4
Last
Champion Paper & Fibre..
14%
14
50%.
15%
Friday
stocks—
9%
17%
25
•
v
American
Apr
11
14%
~
Sale Price
Jan
11
14%
^
-
12
Cincinnati Stock Exckange
v.
Cine
200
3%
'
Apr
32 ,? Apr
i-TA-Vi''.'JanV.
21% Apr
<4% Mar
...
.*
3% Mar
12 Va Jan
29%
Tool
Feb
y*
29
9%
page 44.
5%
509
—1
9%
see
11
180
-10
Jan
Apr
5% Mar
7%
;r ioy8
A
800
:
4%, Jan
10%
■24,A Feb
11 Vb 'Feb-
....
Jan
26
1
J T 18%" 19
A._
\
.y
,
..
"',25y4 Feb
23%
15y0
.
Y;
8ya- Jan. A
A
—
15%..
7% Apr
.
Feb
19% Mar
200
68aa
.
3%, Feb
A
300
'
A,;VA, 3%.-Jan
Jan
20
26%
6%
;__1
a'—a
A:Apr
1,100
16%
677%
Jan
Jan
28 %
.I5y8
Y
lSVa
;
7Ya
,.
Jan
Apr
6774
Wilson & Co common
11% Mar
57%
46 y®
26%
9%
_
(new)
Feb
Apr
Feb
_A
16Va
A..25
Studebaker Corp qommon—
Sunray Oil Corp.J—
Apr
.10
Harvester
footnotes
14%
12%
50
*
capital
Independent Pneumatic
Indiana
Jan
39%
-25
A
,lVo Mar
__
5%
1
Jan
9v
23-.',
5%
15
11%
200
22%
-A;:5%
A—1%
A.i
10%
Corp
,-22 V*
2%
300
900
25
L.*
common.
1,600
13%
_
Corp
Standard Oil of N ,J—
Standard Steel Spring
Jan
200
common——.*
common
Steel
Drug Inc..A
13%
10%
IT % Apr8%. Jan.
9% Apr
v
'
-.35 %■ Feb
Y
39%: Ja»c
-%.11.% Jan ;13% Apr
300
>
12%
10%
Jan •'
A
500
1,200
v
.1 "A,
20%; 21 Va
A.
'
America
Schenley Distillers Corp___
Socony Vacuum Oil Co Inc
4% Mar
1%
44%
*
Spencer Bartlett common.—
Horder's Inc
Feb
9%. Jan
51%
Hammond Instrument Co
common—_1
Hellman (G| Brew Co new
cap
—1
Hein Werner Corp
common—
—3
Hibb
Rexall
Jan
17%
50%
common.
Dk
Feb
% Mar
12
43%
common.————*
(W
Great Lakes Dr &
2
Feb
800
..a'
12%
-5
Corp commonGeneral Motors Corp
oommon—.
Gibson Refrigerator Co common.
Safety
700
13V« Jan
Feb
6%
500
A 1134-12%
X /10%r 11.%-
com—__1Y.;;--
Jan
50%
1%
Finance
Gillette
250
1%
Apr
49%
43%,
-10
common
Candy class A
General
10%
—5
Four-Wheel Drive Auto
3%
1%
Feb
Mar
7 %
v33% Janl4%r.rJan:'
Feb
10%
r
A Jan
267» Jan
103 xk Jan
800
6% A,7% A
A
2%,
37%
.13%
2
6%
a,
13%
12%
-10
Inc
9%
16
200
35
Apr y,
AllYaMar
400
"
.-a
—
......l. tv..
..———4
Airways Corp
Co
Oil Co
Radio
Republic
2'/a
Corp class A—
America
7%
3%
~VA
5
...
%
7%
Mar
Jan
A
a; 29%
1,600
—33%?"' Ai.^ A-io7/a 11
common——....A.*"TAA—
30%- 31 , !
common
>*•'"A'.a'-:?12
12V8
Radio-Keith-OrpheUm
lv ?; A-
Pure
Jan
_1Q
Inc
Co
Commonwealth Edison common..
Consumers Co common (aew)—.
Crane Co common _T__
10
16
~7%
1
common.—
111 Secur
Utii
10%
Mar
14% Jaiv
Apr
700
9'A
Jan
A 10
;Apr
24
300
■
:
10% Jan'
13
Jan
30
300
A'1
6%
^
11% Apr
r
a
12yjA y-~300
HV4
%2y8
7%
'
_.
Aa 900
30%
Apr -'
1
—
__
29%
Feb
'■ \i;s"Aa ,:'a
" 2Ve Feb
2% Mar
-
__
400
Jan
AA 10% Jan
11
200
•:
10%.
25c
.
—
A: i2.y8_ 12lA
Jan
13
-
Jau:'
26
> ,
x9%
•«
350
A 9'A
9
.
-30Vk
—-
Apr
Jan-
Apr
78%
10% Feb
150
41%
28%
:
,
Apr
11
Ya;'-V;=
_a
-'
.',
54% Jan;
J3% Jan
25 v Jan
y;^:%4%Mar
Jan
22%
1,100
10
...
Apr
100
.*'_•%
t
1
V-':."vy-r! 11
Y'"..-"
1
;
26% Mar
a
Jan
32'A Jan.
Feb
69
Feb
11%
Feb
36%
V
400
10%
—"
41 •'
"
Jan
43,-
Jan
6%, Mar
Apr
400
11
10%"
"r
^
14'A
49%
2,000
22%
11
■
Mar,,
4% Mar
41%. Apr
7%
1,400
;
73V2
10,.
•
•:
Feb.
29
,30
.
comA.-'V AV .12%;
.—50
new
Light—
American
Pepsi-Cola
10'/a Jan
47
21%. Jan
29%; Apr
,
800,-^.:
37"'/2
'
71' *
'
22'A
A
Products—,-1
System Inc (The)..!,**
Paramount Pictures Inc
34% Mar
7% Jan
6% Mar
5
Apr
Jan
-
«*»■.'• •;
.
,
Feb
6-
1,750
1,000.
43%
27
-
^''72%
.
....
Feb
350
•
13%
24
A: e'/a, Jail
,
.
11
*
11
A
100
xl0% Mar
x22%l 22V*300-5' .-.22 • ; Feb
:
Vi
1
Santa
•
12%
,
,
y350
54
;
'AA;'"
—
common
•
:
,
36% Feb
100
^
10%"
^
San
'28%. J&n
.
7% Feb
2^8 Jan
;y
—
Borg-Warner Corp common.:
& Sons (E J) capital..
Buret Piston Ring common
Burton-Dixie Corp
Brach
Jan '. ;.
Apr
1.5% Mar
250
_
S'A
.-—" 53%
A.
;
Nash-Kelvlnator Corp
5^
New York Central SIR
capital—^.„..*
Jan
200
<
Apr
5
.2,00.
;
30
Corp__——
Laclede Gas
Jan
Apr
Jan
19 "A. Feb
100
32
.
29'%
—__2
Graham-Paige Motors
Jan
7%
31%
400
6%
10
Jan
6 % Mar
300
32
—1
•
4% Mar
.
Jan
13Va
y
6%
^
7%"'
^
General Electric Co...:
t
.r
l.* :,
37
General Public Utility
Corp....——5aA
Jan
Apr
Apr
900
6%
~5
*
capital, —.*—5
Fanreworth Television &
Apr
Apr
Feb
6%
39%
High
40%
J
9
I
h_l
8
29%
*
Curtiss-Wrlght
5%
10%
6
Jan
Feb
22
.
100
12%
31
*
7'
<
Continental Motors
100
9
*
'
(new)..•
Anaconda Copper Mining—
Certain-teed
1,000
—5%
Jan
Jan
11%
;•
Apr'
300
40Vg.
43 Va
common
American Air Lines Inc
American Radiator & 8t
Apr
26% Jan
Low
38%
5
33
29%
,..
Apr
1
8% y 8%
4"lA
4'A
■
12%
*
Alleghany Corp
Apr
14%
Canadian
•
Jan
Mar
12 V?
-
200.
Columbia Gas
Shares
10
34 A
800
-5V'a5'Va
—
2
common!
Stocks—
Bethlehem
Hight
Feb
Jan
17%
•>.
Mar
10%
1,100
—
5
:
Woodall Indust common-
for Week
*
*
1,200
%
22'A., 23%
;
Wisconsin Bankshares common
Sales'
of Prices
^
.
10
!
4JA
Westinghouse Electric & Mfg com—12%
54% Mar
Apr
r
Low
50
Apr
9%
Apr
31
350
St Corp..
^
13%
-
2T,
1,400
10J%
'
Jan
121
Jan
20
9V» Feb
100
8%
5
—
common.
Salle
Union Carbide & Carb capital
20
13%
121
15
120
28
Apr
(new)—5
Berghoff Brewing Corp
Borg (George W) Corp..,
32'A
1
U S Steel common
Unlisted
r
'Apr
80
10Vis
( 23 Va
——.25
—
United
Jan
38%
13%a
31
25Va Mar
9l/a* Jan
..."
Mar
x7
.
300
^
v<37
10'A
10%
25
Apr
16%
Apr
Apr
14
400
28
5
com
Apr,
34%
25
—
100
7'/a
37
•
*
new
Jan
Feb
216
——10
20-
_
■
lO'A
-
*
—
2
common
1%
12% Feb
3&5/«
common
Apr
■-
—
common
(The)
Wieboldt
—3
Bastian-Blessing Co
7%
32
228
common..
5%
31%
39%
Belden Mfg Co common.
Bendix Aviation
750
7%
15%
15y«
..r ',95/8 ,10
—
*
Corp common
15%
Feb
278
38%
Avoo Mfg Corp
capital.'.—
Sundstrand Mach Tool
Jan
264
30
"31% Jan
Apr
Feb
x7
A-!—A'
capital ——1—1
Co
&
Sunbeam Corp
Jan
r
39%
4
25
22V2
-20
,
50
;
Container. Corp common
Stone
Texas
32%
—
Athey Products Corp capital—
100
100
7V2
7
Standard Dredging'common——_i._20
Standard Oil of Ind capital—A
25
Mar
17%
4% Mar
12%
—
common.^.,.-,,
25
24
.
—
.*
Jan
45c
108
Apr
14% Mar
280
5%
87%
103
913
14%,
Apr
30c
10
15 Va
11
—
,8%
——10
5
7%
com——2%
Swift & Co capital stock.
31c
__
1,985
45%
capital
•
•-
Apr
100
9%;
Apr
^
*
-
Jan
Jan
9
27
.
25
24
__
Jan
LaRt
Co
27
—
"•
Apr
11%
200
,—_•
10
—5
Co
Stewart-Warner,Corp
10%
11%
9
Jan
14ya
25
1
Spiegel
Jan
10%'
6,691
common
Flour
11
Jan
Apr
••■7:'
'• V
Society Brand Clothes common-*
1
South Bend Lathe,Works capital——5
Va Apr
41% Feb
Mar
44%
50%
common
&
Dodge Mfg Corp
Mai-
2%
Apr
Sinclair Oil Corp.'*
64
47
__
Roebuck
13% Mar
58
36
—
Par
American Tel
(The)
Jau
12
12
Louis Nat
Signode Steel Strap
Jan
75
46%
.
Laboratories
Coleman
24
Feb
Feb
9
21 Va
Shellmar Prod
Jan
50
45%
Advanced Alum Castings—.
Aetna BaU Bearing common
Cent & S w
Apr
4
1%
Apr
40%
13 %
'
Oarr-Consol
Jan
Apr
400
Stockyards capital——*
Sangamo Elec Co common
1
*
33% Jan
56% Jan
63
46
12%
44.79
13%
—
25
Corp
Sears
St
Feb
63
—
common
*
61%
35% Feb
Apr
48
—100
Schwitzer Cummins
Feb
43%
,
30
—
Jan
28%
41
—
37%
29%
43%
—
(The)
Jan
53%
10
28%
..
Circle
Feb
8%
64'/2
.21%
Serrick Corp classcommon
44.00 44.00
Sale Price
Central
39 /2
Apr
Apr
12%
20
common.
common——
35% Mar
31
Friday
Co
19%
7%
21'/a
1
22%
150
165
36%
Feb
*
:
Peabody Coal Co common
Pennsylvania RR capital
Chicago Stock Exchange
Asbestos Mfg
50
lO'A
8
common
Apr
22%
32 %
59
21%
30
STOCKS-
Abbott
600
150
2
.
*
Jan
31
28%
Feb
,13
"
12%
common
Atchison Topeka
.
20
7%
52%
Jan
57%
__
Jan
7'/4 Mai-
21%,
10
common
6%
31
—
25
.
38 /»
7%
—
—
vtc
Manufacturing
Armco
.
Feb
*
Car
68 Va
58%
48%
—
.
15%
^/8 9an
37- Jan
50
19%
1
Bancorp
Feb
Apr
19%. Jan
__5
—
Westinghouse Electric
Feb
60%
—1•
-
preferred
;
7%
Jan
Feb
—
Co—
Vermont & Mass Ry Co—
Waldorf System Inc—
-
38)4
__
5
common
Standard
National
Apr
80
Jan
39
4
62
—
-——-•
Drill
U S Rubber Co—
Feb
69
44%
4
—
32
United Shoe Machinery
6%
•
——
.;
—*
Fruit
51
5
—
Folding Machine——
Rexall Drug Co
:
Torrington Co
High
Feb
6.2
199
.
38%
7%
*•
common
capital
preferred—
Mfg
6%
__
—.2.50
—
Inc
39%
39
—
79
Reece
Shawmut
200
6%
10
^
—
—100
_—
Stone & Webster
6%
100
v.
*
Products
Food
West Corp
Perfect
—-—100
—
6%
2,600
RR—
prior preferred
cl A 1st pfd stamped
5%
Low
,
iVz
13%
12
6%
6%
*
—
Montgomery Ward & Co
Boston
13%
5
common—
Cumulative preferred
$1
—100
Range Since January 1
High
7%
—
•'*
Libby McNeill & Libby common,7
Lindsay Light & Chemical common—*
Boston Elevated Railway—
Stamped
-
Shares
•
Jan
25%
pfd—100
-100
Albany RR
1
i
common
& Co common
Marshall
Bigelow-Sanford
Low
par
High
25Va
—
Sales
for Week
Range
of Prices
•
Shares
35XU
25%
—50
Sales
144% 145V*
—
144%
*
•
/
for Week
37%
100
—__
American Woolen
Week's
Last
'
Sale Price
Range
Low
—
APRIL 2»
STOCKS—
of Prices
Sale Price
Agricultural
Monday, May 2, 1949
EXCHANGES
ENDED
Exchange
Friday
American
WEEK
FOR
CHRONICLE
Friday
Boston Stock
Par
FINANCIAL
STOCK
RANGE
STOCKS—
&
48%
65
Jan.
49%
19%
19%
10
%19
Jan
21
11
11
80
11
Apr
17%
43%
Mar
J^n
Apr
Mar
Jan
;
,
&
COMMERCIAL
THE
Number 4799
169
Volume
OTHER STOCK
Last
of Prices
Sale Price
U
•
—50
Preferred
.
Unlisted
Airlines
Rolling Mill—
American Tel & Tel.
Chesapeake
214
24%
47
9% Mar
7%
Jan
146; <
23%
Feb
27%
143 %
Jan
150%
Jan
60
f :■
25
—-
32%
32%
32%
134
31
Mar
34%
Jan
42%
42%
44
112
37%
Feb
46%
10%
11%
555
10 %
Apr
12
Apr
29,%
30
121
26%
Jan
30
Feb
10%
•
—
*
'
—
•
_
Gerity-Michigan Corp
Goebel Brewing common
Graham Paige common
123
35%
Feb
39%
57%
504
56%
Feb
62%
Feb
32%
20
30%
Feb
35
28%
30
25%
Feb
31%
Jan
Jan
4%
20
3%
Apr
125
11
10%
,
'
8%
Feb
12
3%
3%
33 Vac
-
Ball
Hoover
—
Electric
Motors
1
5%
1
1
1%
Drug
1
Lansing Stamping
30%
32
25%
Feb
31%
Apr
Masco
12
18
11%
Feb
14
Jan
McAleer
Mfg
^
15
Feb
17%
17 Va
Apr
16%
17%
17%
175
21%
Jan
Packard
68 % *
25
65% Feb
78
Jan
Parke Davis
(Ohio)
Timken Roller Bearing
US Steel:
•
10
24%
24%
24%
62
23%
26%
40%
40%
40% *
91
40% Jan
72%
71%
73%
common
■
Feb
43%
Jan
69
179
Mar
Jan
78
Rickel
Last,
Low
a!44%al45%r:"
.100
~
Dow
Du
i,
];
Chemical
(Un)
!
Firestone Tire
i
:
Motors
Drug Stores
Greif
Bros
Interlake
&
Jones
4%%
Steamship
;.
&
Portland
*
u
I
Bros
Richman
Feb
20
21%
Mar
14%
Jan
>
U
s
Steel
White
,
106%
Feb
33% Mar
41%
Jan
34%
228
32
Jan
35
Apr
29
50
26%
Apr
33%
Jan
12%
240
11%
Jan
13
Feb
9%
113
Apr
11%
Feb
37
104%
10
9%
34
105
35
Jan
Feb
13%
Jan
33%
Jan
24
Jan
Jan
11%
110
10%
61
25%
21%
Apr
al5
;
a
;
14%
Jan
Jan
21%
Apr
27%
345
39%
Jan
43% Mar
694
22% Feb
Jan
ScrewfProducts
Jan
Jan
16% Mar
Apr
74
•
V
Jan
"
■■
.
•'
"
(Un)—
Alleghany Corp
—
Friday
DETROIT
Consumer's
Power
Woolen
Anaconda
Copper Mining Co
Steel
Armco
*
Machine
14
$4.50
pfd
1
(111)
Detroit Ga-ket
—
Co
Atlantic Refining
Avco Manufacturing
Detroit-Michigan Stove
footnotes see
page
44.
—
■
:
—
Jan
Feb
4
10 Va Mar
4,050
8%
3,100
3"%
Apr
6 Va
Jan
1
Feb
1%
Apr
fiy* Apr
1%
Jan
2,725
VA
Feb
Sales
Week's
Range
for Week
of Prices
Shares
Range Since January
3%
2%
220
27%
3%
3% Mar
900
2%
330
25
2y4
Jan
BVa
9%
9%
400
12%
405
12
45%
179
144 %
145
1,622
41
Jan
9% Mar
10 Va
Apr
14%
Jan
Apr
54
Feb
Apr
150
Jan
45 %,
*
28%
Jan
7
Apr
2%'Jan
Feb
27%
,
1
High
Low
High
;Apr
■
a90%
Barker
#
'
'
Airplane Co
—
1
9%
15
a40%
a43 Va
5
8%
—
*
—.
Packing Corp common
Co (Un),
Canadian Pacific Ry
■»
25
—
(Un)
-10
Corp common—•
-20
•
25
Electric Bond & Share
Electric
Range Since January
Exeter
1
High
Low
Oil
Co
Farnsworth
2%
Apr
Jan
Tele & Radio
Corporation
Electric Co
Garrett
6
General
Feb
9
120
8%
Feb
10%
General
Foods
7%
243
7Vs Mar
8%
Jan
General
Motors
16
Jan
General Public Util Corp
Apr
57
106,
5%
4%
4%
21%
21%
22
8
1
-
?
8
Corp
Feb
Gladding/McBean & Co
Goodyear Tire & Rubber Co
Graham-Paige Motors Corp
5%
Jan
6%
Feb
Greyhound Corp
1,045
4%
Jan
5%
Jan
22 %
Apr
Hancock
7% Mar
9%
Jan
Hilton
Oil
Co
of
16%
Apr
21
Jan
13 Va
14%
700
13 V4
Apr
18 %
Jan
a32% a32%
100
32%
Jan
34% Mar
Apr
33%
Jan
6%
Jan
2%
Jan
6%
6%
400
6%
Apr
9%
Jan
19%
19%
465
19%
Apr
24%
Jan
Hunt
2
Apr
Foods
Inc^^,,—
v.* A
Apr
a21
30
9%
30%
1,042
6
30y8
1,267
5%
a21
50
21 Va
Feb
Apr
9%
7,367
7% Mar
a40% a40%
179
38% Feb
a43% a44%
313
46%
Feb
8V4
8%,
8%
a23% a23%
40
a32% a32%
53%
Jan
10
Jan
Apr
24
Apr
a—
12
Mar
14%
Jan
50
Apr
56%
Jan
57
38%
Feb
45%
Jan
235
360
.
18
330
16%
Feb
19
Jan
90
17%
Apr
19%
Jan
17%
3%
3,510
100
1.20 Feb
1.80
(Un)_*
1
125
21% Mar
22%
Jan
10%
10%
10%
11
Apr
*
1
1
17%
17%
17%
Jan
17%
Jan
11%
11%
115
9%
Jan
12%
Apr
6%
6%
295
6y«
Feb
5
5
*
3
3,059
6%
300
17 Va
Jan
Jan
Jan
a55%a56%
144
54% Mar
55%
Jan
a24
110
25
Jan
27
Jan
a5%
a57/8
75
5
Feb
7
Jan
9
9
9
1,360
7%
Jan
9%
Feb
a60% a62%
83
50%
Feb
58% Mar
a21%a21%
10
20
Feb
21%
Jan
12%
218
12 Va Mar
13%
Jan
__
12%
al3'/8
al3% al4%
59-
11
21%
Feb
14%
Apr
Feb
24%
Apr
65c
Jan
24
500
50c 57%c
1,100
1,763
12%
1%
12%
100
10
Feb
37 y8
37%
449
35 Va
Feb
39%
a40% a41%
145
41% Mar
42%
57%
57%
659
57
Feb
62%
Feb
13%
13%
100
11%
Jan
13%
Apr
23
200
23
Feb
25
Feb
42% Feb
45
Jan
23%
57%c
1%
,,
57%
23
49c
35
2 Va
800
11%
670
all3
•
a41% a41%
11%
all7
8
9y4
9%
3.00
7,300
12y8
1
12%
242
9%
a9%
a9%
50
8%
"
—
•
—
*
a9%
2.70
400
Mar
iy8 Mar
2
a41%
3
6.66%
8% Jan
a23%
10
—5
5
1
Apr
a5%
25
common—•
(Un)
3% Mar
a23%
•
—
Jan
40% Feb
Apr
25
12 Va
a50% a51%
12 V*
10
24
885
'
25% Mar
1.50
Calif class A
6%
2,3QQ.
342
3%
5
(Un)—*
1
Hotels Corp
19%
2%
16%
4%
1.50
(Un)
1
2
Apr
9
35
a22% a22%
Jan
20 Vs
Apr
2.50
,
a22%
(Un)
Jan
Holly Development Co
Hudson Motor Car Co
"2%
10% Jan
13,880
Apr
common
8
104
■
12
4%
Jan
*
Feb
200
Feb
Feb
11
a9%
3%
11%
(Un)
Corp
Jan
7% Jan
26%
Corp——1
2
6%
3,747
10 Va
128
39
10% Apr
(Un)
400
5%
5
50 Va
Apr
1
100
10
Feb
6V» Feb
25%
Jan
Apr
14
100
33%
179
Jan
6%
59
95% Mar
641
*
Ltd class A
Feb
50%
Mar
/
10%
Co (Un)
Va
104
90
575
6%
10%
50c
—4
& Light Corp
Power
5%
225
Jan
Apr
70
a90% a91%
6
a26%a26%
(Un)„*
common
Corp
2
14
Jan
7%
24 y4
150
,
a26%
(Un),,
225
14
Jan
Feb
6'/a
347
25%
6%
al7% al8%
17%
(Un)
'.———
350
/"
Jan
35%
27%
a44 a44%
—
a50%
2.50
2%;
'
37%
Apr
5%
v
a21
Borden Company
California
13%
30%
Oil
Chica
Apr
30
i6y4
(Un) —
Corp.
(Un)
Borg-Warner Corp (Un)
Broadway Dept Store
Bolsa
25
558
11
>_2
Blue Diamond Corp
Boeing
225
30
a9%
4%
(Un).
Bethlehem Steel Corp
25
6%
10
20c f
5
(Un)
Corp
Aviation
Jan
Feb
1. •
common
Basin Oil Co
Bendix
57%
30
a35% a35 %
Company
Corp
Bros
54% Mar
144
25
25%
—
(Un)_:—100
1
&
Petroleum
Bandini
6
6% ;■
5%
—-
(Un)——13
Ohio RR Co
Baltimore
-ILL
For
3%
2,600
9%
4
1%
a53% a53%
•;
25
Baldwin Locomotive Works
Electrical Products Corp
High
5
1
common
Detroit Steel Corp
Jan
28% Apr
•
Stock Exchange
(Un)—_
Corp (Un)
1
Detroit Grav Iron
9%
3"%
1%
45%
(Un)_100
25
3
Top & Santa Fe Ry
Atchison
2%
20
Navigation
Edison
4V4
Feb
v
Sales
Shares
104
j._*
Davidson Bros
2%
12%
■
—5
Zellerbach Corp (Un)
Curtis Publishing Co (Un)
Range
50%
2Vz
Co
Cleveland
Jan
-10
Crown
of Prices
7%
1
.1
Detroit
Jan
2%
2%
2.00 Mar
Feb
95c
Jan
3
2J/2 Mar
275
&9%^ a9%
(Un). 130
(Un),
(Un)
Corp
Co
Armour &
Co
9
Continental Motors
Detroit &
12 y*
2% Mar
3%
*
(Un)—
American
6
2%
Products.
Burroughs Adding
Chrysler Corp
1% Jan
10% Jan
*
Aircraft (Un)
Continental Motors Corp (Un) —
for Week
Low
Par
_
Rubber
Apr
200
——
ftef Co. (Un)
100
American Tel & Tel Co (Un)—
-14
American Viscose Corp (Un)
Smelting &
American
Consolidated Vultee
,
Week's
Last
Sale Price
Baldwin
Jan
1 Va
27%
1
„1
(Un)
•
American Power & Light Co (Un) —
*
American Radiator & St San (Un)
Consolidated Liquidating Corp
Detroit Stock Exchange
Metal
Apr
2%
1,393
Inc
Douglas Aircraft Co Inc
Dresser
Industries Inc
American
Jan
1%
Apr
3%
•
Mfg Co> (Un)
Airlines
American
Curtiss-Wright
Co
8%
Feb
11%
Alaska Juneau Gold Mining Co—- ,10
Continental Oil Co (Del)
Brewing
Apr
1%
2%
250
1%
2%
11%
Low
Consolidated Engineering Corp
;
Chicago Stock Exchange
*
Telephone: WOodward 2-5525
Altes
5%
1,550
1,000
6
3% Mar
Commonwealth & Sou Corp (Un)—•
Cons Chollar Gould & Sav Mng
1
tlt'l *'
'J1'--
■
^
1
Apr
300
iy4
New York Curb Exchange
'
\
Building
.
4
Jan
Last
Consolidated Edison Co of N Y
Stock Exchange
—
Jan
Feb
Sale Price
Chrysler Corp
Members
Electric
3
2%
Friday
Jan
78%
69
13%
62%
watling, Lerghen & Co.
Allen
Apr
740
4
3%
Los Angeles
Preferred
STOCKS-
Mar
24%
1%
Commonwealth Edison Co (Un)
Ford
Jan
6
13
100
l:v
—
Columbia Gas System Inc
Detroit Stock Exchange
14
400
—
Byron Jackson Co
150
190
.15% '
a63% a64%
26%
148
73
73
—
17%
Feb
208
24% !■,
15%
•
—Il
Mar
42
24%
:
24%
15
1L
2,
i
Apr
22%
41%
:
12
,
39
al5 V4
al2
22%
--
»
25
23% .23%..
—W'
Jan
4%
280
11 Va
—10
Apr
Apr
9% Mar
5
1,264
__
Colorado Fuel & Iron
•
11V*
200
100
3%
1
1
common
Cities Service Co
New York
600
27%
2%
1
common—-——
Aircraft
'
Feb
3%
3%
a28% a29%
•'
Jan
Mar
4%
4% Mar
180
4% V, 4%
*
2
Apr
425
V'-
105
9%
*
Youngstown Sheet & Tube
13v
37%
'
35
if
:—1.
Jan
29
'
''
-50
(Un)
150
0'
3%
»
•
9% Mar
Jan
34
4%
—
common
Motor
11
3T%
"9%
*
Standard Oil of Ohio common
11
400
11
11
•
~
'
18% al8%
11
__a
—
Jan
23%
Apr
Jan
•
12%
—-4
America. (Un)
Republic Steel (Un)
19
"
62%
35:
Radio Corp of
410
17% Mar
105
II10
(Un)
Jan
56% Feb
a
*
RR
Pennsylvania
Jan
14%
225
„.1
Patterson Sargent
Apr
32%
Feb
40
v
Cement
—
195%
Apr
11%
179
Feb
—
(Un)_J
Oil'
Jan
25%
1
6,
35%
34
Y Central RR (Un)
N
Ohio
100
14%
12%
5
12%
3"%
27%
2%
Corporation
S Radiator
Allis-Chalmers
442
»
National Tile & Mfg
Jan
37%
C
Metropolitan Brick Inc.—
50%
50% Mar
«
—
Apr
a57% a57%
10
—_
Sessions
Lamson
44%
Feb
*
Medusa
Jan
25
19%
37%
—
Kelley Island Lime & Trans
Jan
25%
44%
_
Laughlin Steel (Un)
Jan
42%
18
■
class A—__ —I*
pfd
'.76
61
a47% a477/8
;■
i.*
(Un)
Rayon
Apr
36% Mar
Feb
12% al2%
19
i*
'
;
Ml' I-
■
Cooperage
(M A)
Industrial
—
(Un)
common
Gray
Hanna
(Un)
common
Jan
Mar
2,450
Jan
23
'
(Uni_—_——— —10
Electric
General
/
Apr
19%
14
1%
„
Jan
16
10
a27
a27
Apr
2%
.
___
& Rubber (Un)___i —25
General
Glidden Co
—1
_
29%
Apr
71
311
a
.
Faultless Rubber
;
Jan
12%
381
23%
a!887/8 a!887/8
A'
'
*
,
72%
39
a44 % a45
—2
Manufacturing
Erie Railroad
71
23%
—2D
de Nemours.,:
Pont (E I)
Eaton
Jan
7%
1%
2%.
__
Jan
,
—15
5 ye
Jan
3%
10
Jan
150%
25
1,137
38%
(Un)___ —15
16%
Jan
143
-
67
,13%
39
common
common—
28%
12-%
71
•
Electric Illumin
Cleveland Graphite Bronze
Apr
Mar
2
2%
STOCKS—
28%
'V'
•
100
$4.50 preferred
Cleveland
14%,
Feb
14%
65
14%
1,11
common
5%
2,400
1%
-2
W)
(H
High
Low
•
5
&
& Fuel
Cliffs Iron
Ice
Cleveland
3%
400
Feb
61%
■
High
50
*
City
2,000
Jan
Range Since January 1
vShares
of Prices
Sale Price
! 1
56%
Feb
6 Va Mar
Feb
6
390
738
for Week
Range
....
Par
—
6%
Sales
Week's
Friday
STOCKS—
&
Jan
5% Mar
1%
2%
1
Wayne
Cleveland Stock Exchange
American Tel
Products
Scotten-Dillon
Warner
t
Apr
200
Superior Tool & Die
Body
Tel (Un)
3%
20%
Jan
U
Coach
Feb
Feb
1%
*
*
1
—
—
—
Metal
Peninsular
*
2%
—
—1
Motor Car
Udylite
American
2%
18%
Jan
67%.
16%
5%
1%
2%
1
-1
Products—
Screw
68%
*
Oil
100
Apr
25
—15
_
Standard
—
Kaiser-Frazer
Mfg
&
Lock
Oil
Oil
3%
7%
2%
14%
11 Va
5
12%
3%
__
—
5
Hurd
50
Brands
(N J)
1
12%
3%
McClanahan Oil
Standard
2
*
Motor Car
Hudson
12
Standard
3%
7%
10
2%
1
Bearing
&
Manufacturing
Hoskins
30
30
_—«——:—_.
Socony Vacuum
3%
W2
2
—
High
31% Jan
Apr
200
Apr
28%
.>■>
_
Pepsi-Cola,
5Vi
6 Va
57%
5%
—1
1
1
—
•
•
Packard Motor Car
31 Va
57%
•
Jan
32%
57%
_
Oil
_
26 V*
200
6 Va
57%
—
Kinsel
36%
37
10
Register
Low
27
3
19%
400
27
3
19
19
1
1
10
Industries common
Motors
General
Howell
$
Pure
_
Range Since January 1
High
Jan
& Light-
Cash
.
—
—
Jan
23
9
Shares
Apr
25%
24%
145
145
Electric
Ohio Oil
Jan
145 Va
9
10
Motors
National
Fruehauf Trailer
10
Ohio
&
Power
General
Frankenmuth
Jan
Gar Wood
Columbia Gas
General
47
1
.—
Service
Dayton
Apr
.
American
Cities
62
General Finance
Stocks—
American
•
10%
39
40%
270
47
47
Brewing
Jan
Apr
7V2
9
35
4
,—1
1
Manufacturing
Eaton
35
9
35
—*
Printing common
s
Jan
for Week
Low
Par
66 %
Feb
57%
538
64 %
Sale Price
High
Low
-
Range
of Prices
Last
'
Range Since January 1
High
63%
63%
B——
Randall class
Shares
Low
Procter & Gamble.—
STOCKS—
for Week
Sales
Week's
Friday
Range
Par
EXCHANGES
Sales
Week's
Friday
37
WEEK ENDED APRIL 29
RANGE FOR
STOCKS—
(1913)
CHRONICLE
FINANCIAL
2
Apr
10% Feb
100
Feb
7% Jan
13
Mar
Jan
Jan
3% Jan
11%
118
Apr
Jan
Apr
9%
Jan
2.50 Apr
4%
Jan
8%
Feb
13
Jan
Feb
11%
Jan
THE
(1914)
Monday, May 2, 1949
FINANCIAL CHRONICLE
&
COMMERCIAL
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED APRIL 29
Range
'
Co—..—33V3C
Corp (Un)
*
International Nickel of Can Ltd (Un)-*
Interlake
Iron
International
Oil Co
Jade
a46%
Kern
—
160
Corp
Corp
Jan
13%
210
27%
Apr
31
49% Mar
49% Mar
8%
11
Jan
15c
8c
Apr
2,305
5%
Apr
245
43%
Apr
56 y2
Jan
691
40 y8
Feb
46y4
Jan
—
23%
*
Angeles Biltmore Hotel Co——20
Los
2514
—100
—
Los
(Un)
Inc
Loew's
Angeles Investment Co—
Manufacturing Co
Menasco
—
Chrysler
Montgomery Ward & Co Inc (Un)—*
Diablo ©il Mining & Dev
1
Nash-Kelvinator Corp
(Un)
Lines Inc
National City
(Un)
New York Central RR
Nordon
(Un)—
Pacific Ry Co
Northrop Aircraft Inc
—
25
Jan
27
290
Jan
26 y2
295
1.90
Apr
1.30
1,630
520
52%
Feb
1.60
300
1.60
Feb
12%
a7%
800
11%
Apr
25
6%
Feb
17%
448
17%
Feb
14%
Pennroad Corp
13 y4
10% Mar
1,200
11c
20c
9%
Feb
11%
Jan
19
153
16 Va
Jan
19 Va
14%
6%
180
14'/a Mar
17
Jan
2.40
31%
9,500
I,124
1.90
Apr
30 Va
32%
32%
340
32%
Jan
Apr
6%
630
26%
26%
26%
180
26 Va
52%
39%
429
51
Apr
—
52%
39%
100
39%
4
3"%
535
3%
8%
Jan
(Un)
—•
Pennsylvania RR Co
Pepsi-Cola Co
(Un)
Phelps Dodge Corp (Un)
—
Pullman
Pure
Inc
Oil Co
Radio Corp
Of'America (Un)
Corp
28%
•
41
*
(Un)-—1
4%
10%
21
472
20
Mar
24
Feb
Apr
1,519
16%
Jan
19%
Apr
12
IOO
11%
Apr
12% Mar
42%
43%
514
41 y8
Apr
51%
69
69%
141
69
Apr
75 V4 Mar
57%
57
57%
12%
12%
18%
1
Reserve Oil & Gas CO——
Drug Inc—
15
Mar
17%
—
8%
12
Apr
2%
100
2%
Apr
85
32%
Feb
34
25%
Feb
32
Sears
Roebuck
& Co-
11%
Feb
14
Feb
9
634 <-
12l%
8%
200
5
5
3 Va
13,620
3y8
23
1,243
262
3%
4%
2%
5%
—
—
.
—
5%
Jan
33%
35%
132
32%
Feb
37% Mar
35%
35%
36
33
Apr
36j/4
Apr
*
•*
23
22%
23%
7,443
20%
Jan
23%
Apr
23%
24 y8
405
23 y4
Jan
25%
Feb
3
26%
26%
28%
897
26%
Apr
40%
Jan
23%
Apr
Feb
*
Water & Power Co com.
Electric common
preference common
dlv
Corp
Service
common
E]
Co
Oil
21 Va
21
21%
1,203
20
Jan
27%
27%
28%
950
26%
Jan
28%
20
20
20%
98
19%
Feb
23%
Jan
53 Va
53%
53%
346
46%
Jan
53%
Apr
60 y8
60
52
Apr
•
com
•
50
common—
'
:
;.
•
common.
60'/a
266
.1
Feb
60%
Td
u
130
%
Feb
le
Jan
3%
3%
1,351
2%
Jan
3%
Apr
20%
21 'A
743
18%
Feb
22
Apr
1975
37%
39%
$23,500
37'/a
Apr
54 %
Feb
1975
43
44
43
Apr
61%
Feb
Co
1
Mining
United
Corp
United
Gas
3(4
1
13 V2
Improvement
21
BONDS
Baltimore Transit Co
4s
A
Southern Pacific
Last
Range
3%
Apr
Apr
27%
5%
Jan
Feb
5%
Allegheny
37%
Apr
Co
'
__
—
r
25
-j
Columbia
100
5%
Feb
fi%
528
17%
Jan
2fl%
Apr
Fort
Jan
Harbison Walker Refractories com
Pitt
26 y« Mar
27%
1,229
16%
Jan
19% Mar
Joy
37y4
1,048
34%
Feb
39%
Jan
Lone
49
49
37
46
Feb
50 y8
a35
50
31%
Feb
38%
Jan
23%
18c
22(4
24%
19c
525
20%
Feb
3,900
2,680
Mar
28
Jan
Mountain Fuel
23 V4
19% Feb
24
Apr
Ohio
16Va
16%
572
15 %
Feb
17%
„
31
31%
772
29 y2
Jan
32%
Apr
27%
230
27 Va
Apr
29%
Feb
28%
27
23%
27%
28(4
27
23»/4
28%
680
28% Mar
29%
26% Mar
29
Jan
1,224
23 y4
26 % Mar
24%
Jan
8%
Apr
10Vs
Jan
Mar
23 Vs
Jan
*
'
Manufacturing
Star
„
—
33 Va
a40y8
I
710
17
a32% a32%
33 V8 33%
a40y8 a41%
a32Va a33Va
al7J/4 al7%
18c
55
35%
Feb
39% Mar
10
23%
22%
23%
451
21%
Jan
24%
Apr
5
7%
7%
7%
100
7%
Apr
8%
j»n
2%
2%
200
2% Mar
1
Co
Gas——_——
Mackintosh-Hemphill
___—„:
1
:
33% Mar
33%
35%
224
40
Apr
Apr
480
34% Mar
37%
17%
Apr
23%
Jan
50c
Apr
50c
Apr
29%
29%
155
28
Jan
34
Feb
Pittsburgh Plate Glass
Pitts Screw & Bolt Corp
31%
31%
1,272
-10
*
Vanadium
Alloys Steel-—
Westinghouse Air Brake
Westinghouse Electric Corp
7%
27%
22%
Jari
Feb
41%
Apr
a67% a68%
289
Friday
65%
Feb
72%
Jan
Last
Inc
18%
49
27
758
19
10V'4
25
—
25
29%
25
•
10 y8
32 %
322
31%
Apr
34%
Feb
27%
28%
360
27%
Apr
34%
Jan
Apr
26%
Jan
22%
St. Louis Stock
STOCKS^,,
13%
Feb
14
22%
148
22%
Jan
10 V4
685
al8%al8y8
Exchange
Week's
Range
of Prices
Sales
for Week
Shares
Range Since January 1
Jan
21%
16% Feb
Feb
11%
Jan
50
9%
17%
Feb
19%
316
28%
Jan
30
Feb ■
,,
a53% a54y8
169
49
Feb
54%
a63y8 a63%
85
58
Feb
64
common.
~
L010
High
17%
175
16
Feb
17%
Apr
144% 145%
528
143
Feb
150%
Jan
82
•9
Apr
9%
Apr
29 % Mar
31%
Jan
550
16%
18%
17
„
High
Jan
,4
Investment
1
Jan
29%
Low
Par
American
1
35i/8 Jan
8% Apr
Va Jan
Sale Price
al5% al5%
18%
Apr
Jan
37%
—25
7%
31%
*
*
12.50
185
al7%
29% Mar
118
8
Feb
225
18
200
5
33% Mar
395
200
50c
Pittsburgh Brewing $3.50 pfd-——*
Apr
18%
50c
18%
10
397/8
—.
2% Mar
18%
Supply
Oil & Gas—__—
39%
'
21
26% Mar
—
29%
American Tel & Tel (Un)__
Bank
—100
Bldg & Eqpt common
Brown
(Un)—
9
Apr
300
25
Company (Un)
Texas Gulf Sulphur Co
Jan
15%
38%
Jan
Texas
10
40
100
17%
15%
22%
67%
(Un)———
12% Apr
Jan
Feb
9
Apr
27
24*4
640
36%
21%
& Co
V110
22%
Apr
56% Mar
Swift
10%
14% Mar
37
•
976
preferred class.
26% Jan
Jan
:
80
63»4
4 y2%
10%
10
9
1
:
63%
8unray Oil Corp common—
High
Apr
12% Mar
Feb
a35
15%
—10
Brewing
23
(Un)———_*
Studebaker Corporation (Un)
—1
50
22%
Jan
—
Webster
14
9%
•
&
13 %
10%
Standard Oil Co
Stone
85
9%
5
Duquesne Brewing
*
(Un)
Standard Oil Co (N J) (Un)
Low
22%
10%
System
Gas
II,983
,*
Standard Oil CO (Ind)
Range Since January 1
High i
22%
Steel—
Ludlum
16V8
*
for Week
Shares
Apr
J an
Low
Par
Jan
3% Mar
4%
of Prices
•
Company—
Calif—
3,000
Sales
Week's
Friday
Southern Railway Company (Un)
Standard Brands Inc (Un)
of
*
Pittsburgh Stock Exchange
STOCKS-
18 y8
Southern Calif Gas Co 6%
6%
-
*
Gas
&
preference common
Paper
Tonopah
>
287
•
dlv
17%
24*4
pfd—25
preferred class A ,,——25
Jan
33%
5'%
21% 21 >4
a25Va a25%
—
—
i96
8V8 Mar
10
37s/8
—25
—25
—25
25
Jan
% Mar
Apr
37%
49
com—25
6%
Jan
Apr
17%
McKinney Mfg
Edison Co Ltd
1,605
5'/4
12
Apr
Jan
22
150
30
Shell Union Oil Corp —,——,,15
preferred
4.56% preferred
4.48%
preferred
4.32% preferred
8 Va
Mar
6
Mar
5
2%
1,283
5%
35%
—•
4.88%
9% Mar
19 y8
Apr
8
22>/4
—
Southern Calif
3%
77
Jan
8
260
37%
Signal Oil & Gas Co cDass A——*
Signal Petroleum Co of Calif,:
,1
Sinclair Oil Corp—
•
Socony-Vacuum Oil Co Inc (Un)
15
Apr
27
55
Jan
Apr
17%
Security Co
Jan
Jan
35
S
a25%
Co
Feb
Jan
11%
Jan
5
1
Finance
62%
17%
Apr
4%
7%
*
Follansbee Steel Corp
Seaboard
Feb
Apr,,
8
Apr
53
12
8Va
—
12%
14 y4 Mar
5s series
a30% a30%
Ryan Aeronautical Company—
—1
Safeway Stores Inc,—
——_5
Schenley Industries Inc (Un)——1.75
56 y2
120
2,892
10%
3%
10
10
1,670
13%
10
8
Jan
17 y4
SUn
Jan
4V3
——2.50
•
1
1,886
Blaw-Khox
Richfield Oil Corp common
5
64
19%
12
19
Sate Price
Rexall
Jan
7%
18 %
17%
2,597
Jan
399
2%
—
57%
Feb
17%
y*
*
1
Light—-
—.
Apr
Jan
__
Republic Petroleum Co (new)
1
Republic Pictures Corp (Un%—,50c
1
Republic Steel Corp (Un)—
—»,
Apr
16% Mar
275
6
5%
6
1
-
Apr
Jan
40 Va
—
—
Jan
15%
Scott
Apr
164
—
'
97/8
19
Reading
Jan
53%
a34% a34%
•
(Un)
•
(Un)—————*
Radio-Keith-Orpheum
-
10%
11
a40a40y2
—
1
49%
452
51%
50%
Feb
Feb
8
485
9y8.
16
15
Public
35% Jan
15% '
15'%
—
33yac
25
Pioneer Gold Mines of B C Ltd
9%
-
21
__
50
(Un)
4
9%
—
Jan
2% Apr
liy2 Mar
165
18%
Philco
Feb
Feb
175
Co
Airways Corp (Un)__2y2
Paramount Pictures Inc (Un)—
—1
American
Pan
3.25
50
Philadelphia
Jan
33%
Apr
Packard Motor Car
321
15%
Penn
Jan
2.65
Apr
—
red
Jan
2%
13
19
$1
11%
Apr
—————25
5?c
12%
—50
Apr
Mar
Pacific Lighting Corp common—
•
Pacific Western Oil Corp———10
-
Feb
Jan
250
—
preferred
8%
Pennsylvania Salt Mfg com—
Jan
1,630
11c
31%
6%
10
24% Mar
Pennsylvania Power & LightPennsylvania RR
—
Jan
Mar
11'4
,
National Power &
7% Mar
19
10%
-——-25
Pacific Gas & Elec common
Jan
10%
12%
17
Navigation—-it--——-10
Coal &
Lehigh
2.10 Mar
2.20
31%
6%
2.20
14%
50%
10
5
Corp
Motors
$1.40
Co
Apr
10
Lehigh Valley RR—_—
Martin (Glenn L)
Mar
59
Storage Battery—
General
Jan
1.10
—1
25
Oil
Oceanic
12%
9
—1
*
common
Gimbel Brothers
Jan
14%
6%
—
Jan
468
2%
"
1
13 Va
Fidelity & Deposit Co new com
1.10 Mar
2y8
Sugar Assoc
Electric
Jan
Feb
1%
Eastern
Mar
Feb
85c
300
.500
53Va
19
—
—100
1
(Un)
558
9%
__
.—10
2514
295
11c*
—
(Un)—1
Apr
10%
—
—,—1
North American Co
Northern
„
150%
—
21/a
Co
Davison Chemical Corp
Apr
17%
1734
—,
—
Ltd
Corp
North American Aviation Inc
22
11%
a7%
~
11%
1
(Un)—*
Jan
Jan
1.25
—
5
National Distillers Prod Corp
16 y4
14%
52%
1.60
—
Mt
155
95c
2
Jan
—
Corp
Publishing
Curtis
Jan
708
V
143%
Jan
1.45
17%
9214c
1%
95c
Co———1.25
Petroleum
Merchants
al9
1
—;—1
Mascot Oil Company.;
26 y4
25%
295
17%
Lockheed Aircraft Corp
Feb
1.15 Mar
22%
100
8,525
17
1.30
-
—,
23%
1.15
1.35
al9 a20%
>-1
10c
i
Company
Lincoln Petroleum Co;
Jan
2,483
10%
100
——*—*
vtc
preferred
Budd Company
Jan
2,000
1st
5%
Jan
9
8c
6
t c
Baltimore Transit Co com v
Apr
High
21 y4
13
Works
Delaware Power & Light com
Lane-Wells
145
Arundel Corporation
Baldwin Locomotive
195
Low
22% 23%
144% 145'A
12%
12%
23%
100
Range Since January 1
High
511
Jan
4314
43%
8c
5%
—
of Prices
Shares
Low
•--*
Tel & Tel
American
Jari
5%
43%
41 %
__
1
*
5
(Un)
County Land Co——
Copper
1.50 Mar
Feb
1.00
13%
tor Week
*
American Stores
25
Range
Par
Apr
—
—10c
!
-
Kaiser-Flrazer
15%
a46% a477/s
a9%
aio
,—
International Tel & Tel Corp
Kennecott
15%
2,800
■„
(Un)——,-15
(UiH_—*
Co
Paper
7%c Feb
Feb
1.40 1.45
al2% al2%
27% 27%
10
Petroleum Corp
Intercoast
Jan
7%
Sales
Week's
Sale Price
Jan
2c
8,255
Colnc
wrA»lriP
I
Last
STOCKS—
3,000
15%
-
Friday.
29 %
Feb
22%
225
«r.
High
Low
1414
„
Independent Exploration
Range Since January 1
High
26,% 26.%
4c
4c
__
25c
Imperial Development Co Ltd—
Shares
Low
(Un)——,100
Central RR Co
Illinois
Philadelphia-Baltimore Stock Exchange
for Week
of Prices
Last
Sale Price
Par
.Sales
Week's
Friday
STOCKS—
Shoe
145
9
3
common——
—15
30%
29%
9
31%
65
Feb
Burkart Mfg common—^
—_ .—1
1
Clinton Industries common
29%
29%
29%
10
27%
Feb
30%
Jan
Falstaff
Brew
32%
31%
32%
535
23%
Feb
32%
Apr
General
Mar
Electric
36%
37%
40%
Jan
General
Motors
„
Textron
Incorporated pfd
*
Tidewater Assoc Oil Co (Un)
20
14%
Feb
15%
Jan
22%
934
20%
Feb
25%
*
(Un)
—1
•
ll
11 y4
2,423
10
Jan
7
7
100
a2l%
a2l%
a22
160
a36%
a36%
a37
80
30%
31
2,102
a79% a80%
a23% a23%
16%
„
6%
12
Mar
1
common.—
United Aircraft Corp (Un)
United Air Lines Inc (Un)
United
—
7%
Jan
common
common
(Un).
(Un)„
20
Mar
21%
•
III 10
37%
57%
57%
57%
25
21%
25
__
.
10
,,
l
Universal consolidated Oil Co—
Warner Bros Pictures Inc
(Un)_!
(Un)
37
Feb
41%
Jan
25%
Feb
120
78%
Feb
86
Jan
75
22%
Feb
26%
1,•
10
al3
140
11%
Feb
14
2%
Jan
3%
Apr
Laclede Steel
38% Mar
39%
Feb
Midwest
6
—
»
•
22Va
,,
—
Feb
62%
Feb
19%
Jan
25
Apr
3%
3(4
462
38'4
38%
419
71^8
73(4
2,744
39 y2
40
770
11%
630
83
Mar
69%
Jan
77% Feb
35
Feb
41
Feb
11%
22% 22%
5%
5%
a45% a45%
9%
International Shoe
Laclede
311
n
22%
5
Apr
Feb
45% Mar
r
common—
4
common
50
11%
Apr
12%
70
21
Jan
28
42
42
Feb
Mar
6%
-20
195
40%
Jan
44%
Jan
6%
42
1
6%
250
6%
Apr
8%
Jan
6%
6%
1,075
5
Jan
35
28
Apr
28
20%
105
17%
25
28
20%
Piping & Supply com
Missouri Portland Cement—
American
com
(Un)—_ ——10
St Louis Public Service class A.
Sears
Roebuck &
Sterling
845
.
Gas
common.
common
11%
25
17%
50
6% Mar
34
Jan
19% Mar
21%
Feb
16
17%
Apr
19%
Apr
Jan
Jan
Jan
Apr
14% Mar
14% Mar
11%
25
Refrig common—
—*
Hydraulic Pressed Brick pfd—„50
North
5
Westinghouse Elec Corp (Un)
*
Willys-Overland Motors Inc (Un>
1
Woolworth (F W) Co (Un)—
—10
For footnotes see
page 44.
72%
Feb
56%
Apr
11 y4
—
35%
31% Mar
al5y8 al5Va
__
10
al2%
140
310
1,420
Apr
Griesedicck-Western Brew
Knapp-Monarch
5
Corp (Un)
Western Union Tel Co
M,
!
United States Rubber Co (Un)
United States Steel Corp
Apr
'
Feb
Hussman
Union Carbide & Carbon Corp (Un)—*
Union Oil of California common—_25
Union Pacific RR Co (Un)
,—50
17
Jan
—
2
Tri-Continental
Twentieth
al5
,—10
Transamerlca
Corporation
Corp (Un)
Century-Fox Film
al5
22%
50c
Aluminum
common
19
19%
137
15%' Jan
5%
III
1,460
4%
Jan
37
Co (Un)—_
37
38%
108
34%
Feb
11%
11%
12
230
11 %
Apr
13
13
113
12 y2 Mar
13% Mar
37%
38
369
37 y4
46
4%
4%
5
39% Jan
15
Jan
26% Jan
7%
Jan
47% Jan
Stix-Baer & Fuller common
Wagner Electric
—5
common—— ——_15
38
Apr
Jan
THE
Number 4799
Volume 169
&
COMMERCIAL
FINANCIAL CHRONICLE
OTHER STOCK
FOR WEEK
RANGE
(1915)
EXCHANGES
ENDED APRIL 29
Friday
San Francisco Stock
Friday
STOCKS—
Shares
Low
Par
Par
for Week
of Prices
Sale Price
Air
(Un)
Reduction Co
Range Since January 1
Martin
High
Low
High
Gold Min
Juneau
Alaska
miiio
Co_
Amer
Stan
Radiator &
Tel
Tel
American
Woolen
&
San
(Un)
Co
21%
27/a
Jan
3%
Apr
2'/a
100
2 '/a
Feb
9 >/4
590
7
Jan
12'/4
45'/a
144 3/4
•
a25%
a25 a26%
2,272'
Mar
12%
Apr
14%
Jan
45 Va
Apr
53 Va
149%
Jan
25 %
Apr
37%
McKesson
Robbins Inc
&
Mfg
Menasco
Co
Lode
Mother
Mindanao
_—50
a29%
20
(Un)
389
Feb
Arkansas Natural Gas Corp cl a
&
Armour
Atchison
(111)
Co
a..u4
Imperial
Diesel
6%
7% Mar
6
Apr
10
6
305
Jan
10
a 22%
43
20% Mar
5%
5%
550
4% .Feb
29c
30c
200
6%
6%
207
5%
-
3
National
--
11
102
27c
Apr
Feb
6Va
Jan
7%
Jan
102
20% Mar
6
Mai-
32c
Mar
7%
Jan
(Un)_
Aviation
beudix
Corp
Steel
(Un)
Bethlehem
City
Distillers
(Un)
•
a
29%
30%
Jan
4%
2.50
Apr
32%
70
32%
Jan
34% Mar
1,391
29%
Apr
33%
Lines
Airplane
Boeing
Hill
&
Jan
Cotton
Ink
2'%
(Un)
California
Packing Corp common
Caterpillar
Celanese
Central
Tractor
of
Corp
Eureka
Jan
10
21%
Feb
40%
Feb
40%
Oil
Oceanic
Ohio
Oil
Co
198
Mar
50%
United
Co
Pacific
Mar
25%
Jan
6
Jan
8%
Chrysler
Apr
7%
Jan
60
44
Feb
46%
Jan
225
80
a
t reierred
Columbia
Gas System
•
Commercial
Solvents
Commonwealth
Vultee
Pacific
Public
Service
Jan
Pacific
Tel
Tel
Apr
25% Mar
30 Va
Jan
Feb
1.80
Continental
Motors
Oil
Continental
3,863
Paraffine
Jan
50 Va
445
50%
Apr
57'A
Jan
a43 Va a44 V*
12
42% Mar
45
Zellerbach
25%
50 Va
27%
a
17%
a
al8
29
Apr
Feb
18%
Jan
Jan
18
18
100
18
Fetr
18 Va
18 Va
18%
150
18 Va
Apr
22 'A
Dotrnbecher
2,055
3%
100
a22% a22%
100
3%
3Va
•
com
(Un)_
Pennsylvania
3%
Apr
Feb
21% Mar
23% Mar
216
41%
Apr
43 Va
Jan
200
8%
Feb
12 Va
a6%
a6%
100
6%
Feb
a545/a a55Va
125
9%
9%
110
23 Va
24
1,503
97
25
8%
9
450
a63c
a63c
66
a54;
5
Oil
1
(Um
23%
1
8%
2
54% Mar
8%
Jan
General
8'A
10
Cumulative
Gladding
Golden
,
4%
McBean
State
(Un)
preferred
Goodrich
a
F)
(B
7%
68c
Jan
Mar
9%
Feb
Feb
9Va
4
Apr
12%
Bros
Jan
San
Jan
Sears
28%
Maryland
Idaho
Power
Mines
11
960
10%
Feb
14%
Feb
39
'Jan
12
13%
413
33
13 Va
50
12
.7*
700
35%
a
•
%
Feb
Jan
Jan
Jan
ft
7%
Apr
.•
Jan
13 Va
Feb
3% Apr
18% Mar
3,667
50
6
Jan
21
Apr
Jan
Jan
253
27
Apr
29 %
aJn
26%
Apr
28%
Jan
—
265
52'/a 52%
100% 100%
928
50%
Feb
54
Jan
100%
814
100%
Apr
104
52
30
49 Va Mar
58
Jan
18%
Apr
26
Apr
27
52
18 Va
24
Feb
15%
Jan
18 Va
.■108
a25% a25%
91%
93
/
al39 al39
30
5
135%
Jan
142%
Apr
400
3%
Feb
4
%
Jan
__
__
24%
Feb
89
60
Feb
96 % Mar
4
4
4
a9%
17%
a9%
80
18
•-
18
21
430
16%
249
20
Mar
24 Va
Feb
15Va
191
15
Mar
17%
Jan
11
11
a39% a40%
a60% a60%
440
Oil
20% a21%
86
24
Mar
28%
Jan
570
5
Apr
6 Va
Jan
5%
-/
Johns-Manville Corp (Un)
_____!
Kaiser-Frazer Corp
—
.Kennecott Copper Corp (Un)^__^
Kern County Land Company.—
Feb
39%
Jan
So
Jan
42%
Apr
Southern
57%
57%
1,105
56%
Feb
62 Va
Feb
Sperry
127/a
190
12% Mar
16'A
Jan
Standard
17
565
16%
Apr
17'A
17%
Feb
18 Va
Apr
57
58
100
-
40
a 621/4
125
a41% a42%
•'
2
5
-
pfd ser A
Co
Gas
21%
Jan
Jan
35
Apr
199
25%
Feb
32 Va
Apr
289
11 Va
Feb
14%
Jan
a36%
__
__
25
__
a34% a36%
31 Va 3DA
12
12
a8V4 aS'A
53Va 53%
a22% a22%
30% 30%
23
23
16Va
35V»
23
27'A
__
37%
a5%
a5%
9
50
Jan
57
100
23 Va
Apr
28 Va
175
30%
Apr
34%
Feb
317
21%
Apr
26%
Jan
7 '4
10
V
a34V«
■
23
16%
Apr
19%
Jan
Jan
37%
Apr
21 Va
Feb
25 Va
Jan
25 %
Jan
29
Apr
11
a34%a34%
25%
—
25
•
a40Va
•
Feb
12%
Jan
Studebaker
57
Apr
62%
Feb
Swift
a__
a__
Oil
of
Co
300
2
41%
2
Feb
Apr
44
j:>,
Jan
2% Mar
Apr
39%
Feb
Corp
—
*25
100
1
__25
~
—
___:>
L
■//.."! v •• L-V-'' I 1 <'•'
(Un)
25
Ass'd Oil common
10
"
.
Transcontinental & Western Air
22
Carbon (Un)
Union Oil Co of Calif common
United Aircraft Corp (Un)—
Carbide
Union
i
250
12%
18%
18%
20
20
80
2.75
3
951
56%
12%
1,280
58
12%
670
180
-
9%
9%
100
1.95
2.10
3,000
32%
32%
100
14%
15 Va
2.945
9%
a34% a34%
5%
5%
6
44 V*
44
44%
41 Va
Jan
13%
Feb
16 Va
Feb
19
Apr
20
Feb
23 Va Mar
Apr
52
Feb
66'/a
Jan
10%
Feb
13
Jan
8%
Feb
10% Mar
1.90
Jan
2.20
32lA
Jan
32%
41V2
•
Air
United
Corp
U
S
Steel
Corp common.
Jan
__
Apr
—
Oil
Jan
Wells Fargo
>;.;8% Feb
i7
'37'A Mar
40 •;
Apr
Apr
Feb
1
Co__
Pictures
Warner Bros
3DA
5%
Jan
Jan
28 V*
Apr
29%
Jan
32%
Apr
24%
>
Apr
25 3/a
29%
Jan
335
28
Mar
29%
Apr
Jan
28%
•
28%
77
Apr
35%
39%
Feb
49%
480
26% 26%
al7V4al7%
33 %
394
33 V4
34
a40Vaa41%
26
Feb
277
18
Jan
20 Va
67
::
e
Feb
Jan
Apr
Jan
56%
Feb
67 Va
Jan
143
67
Feb
72 V*
Jan
19
96
Apr
99
1.963
63Va 64 V4
67% 67%
96
96
19 Va 19Va
a293'a a29-rB
-
16%
175
I
a
♦
Jan
Mar
30
Mar
49
Feb
20%
Feb
30
11
"i\•:
\
a53% a54Va
22 22 Va
11 11%
all% all%
^
Feb
54%
Jarc
i,536
20 Va
Feb
25 Va
J ah 6
4,575
10 -•Jan
a36% a37%
30% 30%
104
2
10%
Jan
285
36%
1.248
MafS
13 VA MffiH
12
Apr
Feb
41%
25%
70
24
Feb
24% Mar
25
10%
2,700
2%
a23%a24Va
al2% al2%
Jan
11
Apr
Westates
8Va
—
9
55%
46 V*
_______5
(Un)
Bank & U T___^_—-100
Petroleum
V Preferred
'39%
"
14% Mar
Jan
-
69%
■
766
78 %
Jan
Feb
317
Jan
Feb
9%
2.70
Apr
9%
Jan
Jan
8
175
Apr
Jan
/45
Mar
2.05
200
3.%
Jan
35
1,650
8%
common
(Un)
West
Coast
Life
1.00
(Un)—1
1
6%
(Un)—_____5
(Un)—
1
Insur
Inc
Lines
Jan
Western
Air
Jan
Western
Pacific
RR
Preferred
__
—
*
^_x____100
com—j.
11% 11%
276 276
90c 1.05 •<
6%
6%
—
:
Jan
Jan
11 %
—
__
'.
, '17
17
6%
7
23% 23%
a56Va a56'/a
.-
5,963
85c
'
l:
■
,
,
a._
10
a
;
7%
Feb
'
Jan
17
Feb
5%
45
Jan
7%
Jan
15%
10
315
1.15
Feb
6 Va
1,113-
Feb
Jan
281
Apr
270
5
n.
'
a—
Apr
Apr
-■->!
—-
'
'
>
10
30
30%
192
a7%
a8
60
;
!__
7
1
*
___<
♦
i
Leslie Salt Co
Libby McNeill & Libby
Lockheed
Loew
s
Aircraft Corp
Inc
11
(Un)
Lyons-Magnus class
a
V
' W:>
'Hi,
^or footnotes
see page
44.
30
7%
Apr
A or
Jan
Westinghouse
19%
180
16%
Jan
21%
Apr
Wool worth'' (F
17
17
250
IT
tlHU
17
Apr
Yellow
1.40
l.*U
luu
19%
1.25 Mar
130
32'A Mar
8%
2.25
Jan
-
31% Mar
•
15 Va
44
Apr
17Va
23% Mar
■
95
3% "
3V4 /' 3%
72%
72 Va 73Va
__
40
41
__
2.60 2.70
__r_10
Sugar Co common (Un)__5
Equipment
Victor
Feb
641
__
1
•
of Del-(Un)—
Universal Consolidated
28'A Mar
410
30'/j
24
•
90
1,615s
__
Feb
Feb
; ;15
26 % Mar
Apr
7%
Lines Inc___
United
202
-
—
*
25
5
10
38%
.
342
3'A Mar
2.60
Utah-Idaho
a27% a27%
9%
12%
&
Jan
Feb
•
•19%
"
540
11% Mar
Apr
39%
Feb
31
a233,4 a24%
27 Va 27 Va
-/•'
__
Feb
1,021
■
11%
2
5
Corp
Transamerica
63%
67%
—
Company
Water
Tide
(Un)_L
(Un)
So
&
■
__
Mar
31 'A
31
—
Apr
11c
■
1,079
25 Va
21 Va
Feb
34%
v:
94
1.247
22%-i23%
10 ,16%
12%
Jan
6c
440
'
Jan
16%
40
415
29,200
V'.
6% Mar
5% Mar
50
7c
37?A.
16'/a
Jan
260
-
21 Va
25'A
Jan
25
4,965
a5%
6c
37%
Apr
.
650
597
17
37%
23'A
27Va
21 Va
6c
28aA
(Un)
Inc
25
10%
•
Jan
105
alO'A alO'A
1
Brands
Jan
Apr
Corp
Feb
39%
a.27%
;\ 7
Feb
32%
25
—
-
Apr
350
15%
4% Mar
Apr
Mar
14%
(Un)—•
10
475
2.00
58
105
5
22%
11%
11%
56 %
49%
Feb
8%
105
—15 *
Calif
(Un)
Stecher-Traung Litho pfd tUn)
a37% a38%
11%
11%
Apr
52 Va
1,425
—15'
*
—
Pacific Co
Standard
Texas
2
Jan
40 Va
15
4%
—_-25
25
_
Jan
15>A
5
Standard Oil Co of N J
a 62'A
20
95
Feb
15
58
lOVa Mar
Feb
4%
__P10
Edison Co com
Calif
California
36
f
Feb
8%
>14%
—
(Un)—
Corp
Preferred 4.56%
167/a
*
1
•
Conv
,
41 %
20
33%c
__
—10
preferred
pfd 4.48%
4.32%
al7 */a a 171/2
a37%
15 Va
.___1
—_____
Socony-VacuUm Oil (Un)-Ji^Soundvlew Pulp Co—
12%
a417/a
21
__
—
Oil
Union
Sinclair
Jan
100
>
,
Mar
205
.
f
1
111/4
International Nickel of Canada (Un)_*
,international Tel & Tel.com JUn)
*
,
12
Jan
1,074
23 VB
(Un)__l
Co
20
r
l»/4
11%
•
i,Independent Exploration
Jan
5
Feb
Roebuck & Co
95
(Un)
Corp
13 %
Feb
35%
23'A
Maurico
976
,
Idaho
Apr
4
48Va Mar
23 Va
•
*
Holly
Development Co
1
Honolulu Oil Corp—:
y__
•
Hudson Motor Car Co—
—♦
Hunt Foods Inc
>__._i____6a/3
.
11%
32%
„____1
—
Stores Inc
Mining
Safeway
Apr
12%
A
Jan
353
100
33%
(Un)„*
A
class
Co
Fine Foods Inc____
W
37%
Inc
Battery Co class
30
Jan
—1
!
_____
Ryan Aeronautical Co
Jan
6
Apr
37
Hawaiian,Pineapple Co X.td_
Hobbs
*
Jan
Jan
Jan
75c
24%
*
L___—
Co (Un)__J__^______*
Stores
33
28Va
10
15
Corp__
Cement
Riverside
43 V*
25
•
Graham-Paige -Motors (Un)_l__J__'
1
Great North Ry non-cum pfd
(Un)_*
Greyhound
Corp
3
Bros
Jan
28% Mar
100
Apr
1
*
a40% a41%
57%
*
common
(Un)
2.65
Apr
__
*
•
—
Oil
Roos
155
37
a41%
*
Co
Apr
4%
Manufacturing Co
Richfield
Jan
700
5
*
Goodyear Tire <fc Rubber
Hale
1121 Va
*
10
preferred_i.i»±:_
&
Feb
1.95
30%
•
Jan
1,129
1 Va
•
(Un)_
Ltd
Co
Jan
15%
•
(Un)
97
4
%
1
pfd
2nd
60
Feb
1,000
2.40
Feb
15%
___20
(Un)
common—
Republic Steel Corp
27Ve
28
35
a
Incorp
Feb
94
10%
Co_________b
Corp common__:.J
Convertible
Jan
41
30%
of America
Preferred
Apr
431/4
4
.
43%
*
General Motors Corp
Paint
Mar
11%
33
31 %
*
(Un)
common
Corp
Rayonler
Jan
43»/4
*
Kleiser 'Common___'_y___J_2 %
General
Feb
90
54'/a Mar
26%
•
(Un)_,_,._
Chemical-—____ 10
Foods Corp
180
Jan
18
Mar
1,347
33V'3o
25
(U11)
Ltd
Co
Co
Mar
23 Va
100
9%
9%
5
Farnsworth Tele & Radio
'
17%
10
4,483
(Un)
•
Radio Keith Orpheum lUn)
._1
Ry Equipment & Realty Co Ltd pfd.. 100
Radio
Apr
1
>General Electric Co
70
26
12%
3:,4
4%
a20% a20%
50
(Un)
Co
RR
Mill
Pioneer
Southern
a
11
Apr
4'A
11%
Eureka Corp Ltd
&
19% Mar
Feb
31%
1
(Un)—
Pepsi Cola Co (Un)___
Phelps Dodge Corp
(Un)
Phillips Petroleum Co
Shell
Foster
Feb
9 Va
7% Mar
33 33 V8
a29% a'29%
27
27
26% 26%
•
•
common
Pictures
Pure
41%
Co
&
(Un)
Companies
Jan
11%
1. El Dorado Oil Works_i___
Machinery
17%
206
12%
4
*
•
Apr
41%
Chemical Co common^.—-_-—._15
Food
4'A
• '
(Un)
17
1
Co.. (Un)_15
Emporium Capwell <?o_
Em c6 Derrick & Equip
330
10
com
11%
Jan
2%
3 Va
3%
3%
5
Co______
Mfg
a29%
11%
100
Puget Sound Pulp & Timber
Pulman Inc (Un)
1
Oil Fields Co
Dominguez
a7%
17%
a28% a29%
a29% a29%
11% 11%
4%
4'A
•
•
i
pfd___
Jan
17
145
al4% al5%
•
Giorgio Fruit Corp B common;
Dow
Jan
'
S &
D
11
Feb
2.25
33 Va
com
Jan
10%
185
10%
10%
•
Corp common—___o
Corp
Abbey
Cypress
Feb
6%
Jan
Jan
16%
140
■v
19
20
(Un)
996
29
17%
__
Cuitiss-Wright
,9%
50
—
5
Airways
American
Rheem
k referred
Jan
645
Apr
Jan
Creameries of Amer Inc_
Crown
__
al4%
100
Paramount
__
(Del)
&
Motor Co
Jan
(Un)
Co
15%
9%
9%
al9%al9%
10% 10%
41
41
al4%
al5
—
Preferred
Packard
32%
•
Gas
12
10 Va
Apr
Jan
Jan
95c
36'A
34%
(Un>
Aircraft
22%
12
3*1%
(Un)
1st
Jan
14%
59%
97
Natural
Consolidated
19% Mar
355
a7V«
17%
—
25
common
Feb
Feb
(Un)
Consolidated
57% Mar
625
12
10%
10%
•
Feb
30%
;
Consolidated Edison Co of N Y
Jan
35c
Jan
22 %
22
—
5
10
common
Cement
Mar
31% Mar
VA"_2%
Consolidated Coppermines
2.10
Jan
23
__
25
_____25
25
25
12
316
1.45
—
(Un)____
54
287
___
& Southern
1.50 Mar
22c
52 V8
11,600
—
20
common
30
248
*
(Un)
a__
25c
17-%
Service
Public
Pacific
a24 a24%
3%
,
a
a52% a52%
N
—
_*
(Un)__
_—
Portland
a24
common
Columbia Broadcasting System
110
—
24c
a52%
(Un)
10 Va
Lighting Corp
a32 a32 %
lo
;
65
Aggregates
169
58
a?4% a25%
2,50
Colorado Fuel & Iron
a33
1.90
(U11)
Co
preferred
$5
Pacific
1.40
Cities Service Co (Un)
.Clorox Chemical Co
a32%
1.90
24c
'A"
213
12%
1.30
Pacific
100
Corp
a33
preferred
5%% 1st preferred
b'/o 1st preferred
5%
red preferred
a32%
_
(Un)
Apr
(Un)____._18
1
Mines
P10
1st
6%
Pan
Chic Milw St Paul RR pfd
17%
1
•
Electric
&
1
(Un)
Feb
Fisheries
Amer
25
Mining Co
Chesapeake & Ohio Ry
11%
*
Sugar
Gas
Pac
Apr
6%
58
24%
23
225
400
a317/a a327/a
a
550
cap
Filters
Pacific Coast
Jan
22
44%
44 V2
•
Apr
6%
23%
1
6%
al2Va
16%
634
a
6%
al2 %
47
974
17
a23%
•
America
17
"B"
Onomea
Jan
16%
•
25
16Va
(Un)
Co
Class
Feb
16%
•
(Un)
16Va
Jan
55
«
.___
Apr
*
(Un)
1
North American Co common (Un)—10
North American Inv common
_100
North American Oil Cons
—__10
Northern Pacific Railway (Un)
100
Mar
a22
5
Mills
Pacific Ry
Canadian
2.60
24
•
Co
Co
14%
a41 '/a a4334
a41 %
5
•
Cement
California
1.95 Mar
a22
Byron Jackson Co
California
7% Mar
2,317
a40% a41%
__
Sullivan
Calaveras
4,845
2.15
_
Borg-Warner Corp (Un)
Bunker
11
2.05
(Un)
Co
(Un)._
Co
Borden
Jan
11%
Prod
Pacific Finance Corp
10
2.10
(Un)
23%
Feb
Apr
•520
10%
Bishop Oil Co
Blair Holdings Corp
Apr
American Aviation
North
Apr
10%
30%
a317a
5
11%
4%
4
Bandini Petroleum
Mai-
9% Mar
20
11
100
11
100
a9 %c a9%c
13
(Un)
Baltimore & Ohio RR com
Jan
21
9%
(Un)_____—__5
—1
_1
Fibres
Auto
National
Oliver
Locomotive
Baldwin
18
200
31% Mar
a21%
10P
(Un)
34%
Jan
Jan
a90% a90%
2.00
Co.
Apr
28%
a8%
6
6
100
(Un)
engine
Mining
Corp
Mfg
a.00
Fe
Apr
'
a21%
Wedge
Atok-Big
5
Jan
30
815
30'/2
a8%
(Un)
Corp
30
(Un)_°
(Un)
Santa
&
Top
Atlas
a
226
29% a30%
30%
California National Bank-
Angio
11
250
—
10
Nash-Kelvinator Corp
National
Anaconda Copper Mining
204
21%
10 V4
Co
Montgomery Ward &
Morrison-Knudsen Co
High
11
21
9%
(Un)
Co
Navigation
Low
11
9%
L)
(Glenn
Range Since January I
High
Feb
Jan
240
1443/4 1447/a
Feb
2%
10
143 3/4
235
12%
45 %
•
Shares
5
-1
Machine
Calculating
Co
Apr
300
334
100
(Un)
Feb
8'/a
87/a
(Un)__*
(Un>
Co
20 3/4
2'/a
i
American Smelting & Refining
American
3%
—i
Alleghany Corp (Un)___„
American Airlines Inc iUn)_.
10
a21% a21%
__
for Week
Low
1
Co
Magnavox
Marchant
Maoson
•
Range
Sale Price
Sales
Range
Last
Sales
Week's
of Prices
Last
STOCKS—
Exchange
Week's
39
Elec
,
W)
Corp (Un)_-_—.12Va.
(Un)—
—10
Cab Co common.
Preferred
.
—;
a45%
--4 :
25
—
a22'A a22%
a45% a45%
J „„,7
20 /a 20 /a
•
,■
22%
Apr
26%
Jan
217
443.7
Jan
47%
Jan
100
6 Va
Jan
7%
Apr
Jan
20Va
Jan
,50
20
-
:
t
40'
(1916)
THE
COMMERCIAL
CANADIAN
&
CHRONICLE
FINANCIAL
Monday, May 2, 1949
MARKETS
LISTED
•
RANGE
FOR
WEEK
APRIL
ENDED
29
'
•
.
Friday
Montreal Stock
Exchange
STOCKS—
Canadian Fundi
Friday
STOCKS—
Last
Range
Sale Price
Par
Abitibi Power & Paper common
High
13%
14%
1,660
13%
Apr
17%
Jan
17%
18%
1,705
17%
Apr
20%
Jan
245
Can 47o
Bathurst
Bell
pfd..
....
&
_
Teleg
Power
Mar
102%
8
Apr
9
&
46
1,350
42
Apr
56
Jan
50%
50%
51%
1,041
50%
Apr
61%
Jan
25%
25%
395
*
—
_
Paper
24
.
24
24%
1,660
a90
a90
25
»
A
Corp
19%
775
18% Apr
23
3,257
38%
Jan
41%
1,924
18%
Feb
20%
Apr
14
14%
150
12
Jan
14%
Apr
23%
24%
1,500
22
Feb
24%
Jan
B
24%
230
24%
Apr
25%
45
97%
Apr
101%
Jan
2%
2"%
855
2%
Feb
3
Jan
25%
26
325
24%
Feb
2%
2%
100
2%
Feb
•
O
Dredging Ltd
5
common
Steamship
common
27% Mar
33
Jan
15%
100
15%
Apr
15%
Apr
1
''■■'•mm,
759
23
Apr
26%
Jan
27%
Api-
30
Feb
9
125
8%
Apr
10
Apr
13%
'
10
Jan
160
13%
98
13
Mar
36
36
140
35
20%
21
3,334
19
175
20% Mar
23%
Jan
300
12%
Apr
14%
Jan
15
Apr
17
Jan
15
15%
315
21%
2,486
a36
a37
30
10
10
10
110
a46 a46%
Class
B
*
9%
...
——
——
Mar
11%
Jan
28%
Feb
36%
Jan
12%
Jan
15
14
3,539
13% Mar
17%
Jan
13%
400
12 % Mar
14%
Jan
96
96%
1,296
95
25
305
20
Feb
122%
V30
Jan
25
a38
a38
10
35
Jan
38
Apr
22
22
15 %
15%
35.
.25
18%
1,215
15%
Apr
18 %
Jan
1,182
31%
Jan
37%
Apr
1,171
18%
Apr
21
Feb
15%
■
Corp
Famous Players Canada
Corp.....
P'oundation Co of Canada
Fraser
Co
common
Hamilton
170
21%
Jan
145
19%
Apr
21%
11%
2,523
Feb
12
10
95
Mar
95
20
60
20
Apr
25 %
Jan
14%
Jan
14%
580
14
Feb
15%
Jan
14'%
110
25
2,183
105
17
Corp
Coal
preferred
8%
.•
Jamaica
Utilities
Public
(John)
of
the
Ltd
Secord
67c
*
Bros
*
•
Mailman
B
53
13%
Inv
Corp
52%
Jan
Feb
17
Jan
Feb
10
Apr
Mar
31
Apr
Export class A
9%
9%
370
30
550
common
149
—
Z
Molson Breweries Ltd
.
Montreal
Locomotive
Montreal Telegraph
Montreal Tramways
For footnotes
see
*
_
*
*
Jan
19%
Jan
13%
773
25 %
125
24%
Jan
7%
75
6%
Jan
22 %
22%
120% 120%
290
3
13% Mar
19%
120
Jan
14%
Jan
25%
Apr
7%
Feb
22%
Feb
Jan
Apr
122
Jan
a6
10
6
17%
Apr
18%
320
17%
Apr
22
Jan
Apr
36
Jan
8%
Jan
30%
31%
2,788
30%
49
51 %
2,596
48% Feb
101% 101%
8%
9%
100
101%
Apr
103 %
Jan
1,255
8%
Apr
127/a
Jan
%
53
53
315
13%
14%
1,839
13
25
50
Feb
13%
Feb
11% Mar
'1'
58
Jan
59%
Jan
15%
Jan
13
Apr
20
50
19%
Feb
23
Jan
23
36
22%
29
149
Apr
Jan
149
25
Apr
160
5
148
14%
a22
a22
16
13%
205
13
70
70
70
25
70
9%
9%
175
7
7
25
16%
125
93
60
Jan
a—
13%
16%
■
"W—
93
1
15%
Jan
Apr
a._
Light,
Page-Hersey
Penmans
34% Mar
38%
Feb
8
Jan
23%
Jan
6%
A-—*
common
Power
Mar
15
21
21
103%
150
1,119
21%
Apr
21
104
23
Feb
59
Jan
23
Jan
781
20
al73
a
173
5
172
44 %
—.
44 A
425
42%
Jan
45
Apr
Jan
Feb
Jan
173%
21%
21%
22
420
20%
Jan
42%
42%
43
256
37
Jan
*
a61
afal
a6l
40
62
Jan
t,,43
147
147
20
146
Mar
Apr
22
common
100
—
Jan
Jan
51% Mar
*
preferred
—
Apr
>
63
Jan
147
Apr
1
10
16
16
208
15% Mar
19%
*
37
o7
38 %
675
36% Mar
Power Corp of
42%
Jan
*
15
15
15
169
13
16%
Apr
*
50%
53%
2,870
48
Feb
60
Jan
25
96
Feb
98
Apr
Bros
4%
&
Canada
Co
Ltd
common
preferred
Quebec
100
Transport
Power
Rclland
50
a97% a97%
—
*
——
11%
H'/a
11%
—
16%
a7
-*
,
Paper
—————*
a7
preferred—100
103%
common
4%%
Power
St Lawrence Corp common.—T
*
1st preferred
——————49
2nd
St
preferred
Lawrence
7 7c
St
Mar
Jan
750
10% Mar
11%
16%
374
16
Jan
17%
Jan
a7
380
6%
Mar
9%
Jan
55
100%
103%
Apr
Flour
Mills
preferred
1st preferred
Series
A
Sicks
4%
Breweries
of
Feb
Simon
(H)
&
common
Press
Southern
Steel
Co
7%
of
15
140
Feb
145
Mar
75
75
78
401
Jan
44'A
1,765
75
Apr
39% Mar
86
41
44%
Apr
24%
2,437
23
Feb
25
Apr
468
46
Apr
48%
Jan
19%
30
19 %
Apr
25
17
17
17 %
550
15% Mar
17
17
17
450
16
20
100
*
•
6%
•
preferred
20
Apr
20%
Jan
97
Apr
97%
Apr
17
Feb
20
125
17%
Feb
18% Mar
125
a
82%
84
.
6
Jan
Jan
Jim
7%
60
78% Mar
85%
83
115
80% Mar
85%
Feb
15
2,175
14
Mar
16%
Feb
5
5
100
5
Apr
7
Jan
170
Jan
83
14%
--
5
.100
Jan
25
__
*
Jan
.17
150
82%
25
—•*
—;
Feb
al8% al8%
6%
6%
al8%
common
Ltd
Jan
17%
19 'A
a96 a96%
al9%
—
a.-*
common
20
—
__
•
1
Apr
160
160
3
160
Apr
6%
6%
7
421
6
% Mar
7%
Jan
—
14%
14%
225
14% Mar
Jan
25 %
16%
25 %
25 %
—
*
*
Gooderham
&
Worts
*
preferred
•
_!
b'/c
32%:
——100
preferred—.—
'
Banks—
—
25
Apr
Feb
37
Apr
98
Jan
100
Apr
28%
Jan
a99
11
25%
110
25%
Feb
25%
Jan
30
27 %
Apr
28%
Jan
Feb
20
Scotia
a25%
175
19% Mar
20%
24
861
22 %
Feb
24
Jan
a25 a25'A
121
25
Apr
25%
Jan
>
25'%
—
26
1,530
Jan
25%
25% Feb
26 %
Jan
35
35
305
34
Mar
36%
Apr
26%
1,587
25
Jan
26%
Apr
36%
280
35%
Feb
37
Feb
35
10
25%
36%
10
«...—
Toronto
20
23%
—
23%
10
10
...
Royal
Apr
27
a99
—
10
...
Montreal
21
25%
25%
10
.
Dominion
445
1,226
'
-«*•
Canadienne
Commerce
25
25
33'%
a27% a27%
—
25
25
865
24
32%
25
•
6% preferred
Nova
Jan
46%
(George) common.
Winnipeg Electric common
Ltd
24
24%
Weston
Zellers
Feb
19%
Wabasso Cotton
5%
23
46%
Tooke Brothers
Walker
90
Jan
24%
Power
Tuckett Tobacco 7%
United Steel Corp
Jan
41
preferred—100
Canada
Stores
14%
*
preferred
Thrift
Apr
46%
;
Canada
V
Jan
12
——*
Co
Standard Chemical
23 A
10
22 %
*
common
Simpsons Ltd 4%'%
23
com—*
....
Sons
840
Feb
Feb
-
50
com
Canada
Voting trust
12%
Jan
7
19
143'A 143'A
99
preferred
Williams
25
205
12
—
1
Shawinigan Water & Power
Sherwin
7
19%
12 Vs.
100
;
—
Paper
preferred
7
19
;
—
*
._
103 % 103%
—
1
'
Lawrence
2nd
10
?
—
Montreal Curb Market
Canadian Funds
Friday
STOCKS—
Apr
9% Mar
6% Mar
70
Acme
Glove
Anglo-Nfld
Atlas
Works
Steels
Beatty
Co
Ltd
Bros
Co
Ltd
*
Ltd
Apr
Jan
7%
Jan
16%
Anr
19%
Jan
92
Apr
95
Jan
17%
Feb
22%
Feb
15
Jan
13%
13%
1,207
19
19
425
17
Feb
20
33
Feb
35%
Jan
19%
Jan
23%
Jan
35
585
22%
1,650
Paper
common
Feb
Jan
41%
41%
25
al60
al65
33
9%
9%
50
95c
95c
1,600
a!4
al4
11
10
10
225
•
10
5%
1
preferred
84
_*
/.
57c
Trust
.
*
com
&
preferred
Inv
Ltd
Products
Ltd
Alcohol
Adv
Ltd
Bakeries
42%
52
115
51
Jan
32 %
52%
Apr
25
East
28
Jan
40
Jan
Esmond
15
Ltd
com
Textile
•
*
class
Mills
Limitee
Ltd
class
Engineering Works
Products
Kootenay Power
Ltd
21
441
20
I
53
171
42
76
45
Apr
4
Jan
103
Jan
Apr
4
Jan
Feb
23
Apr."
Feb
r.'G
'•
•
3
Jan
Jan
81
Jan
Feb
17%
178%
Apr
30
Jan
Apr
22
Jan
Mar
93
Jan
50
33
Mar
19% Mar
175
3%
160
Apr
15% Mar
a79
3%
Feb
Jan
Feb
Jan
3%
Feb
93
"
■
93
93
5
'
30
30%
247
1.50
1.55
600
al.25
al.25
6
10%
110
10%
Feb
11
Jan
81%
81%
25
63%
Feb
84
Mar
~
1.50
'k'
161%
161.40 161 %
3%
'
A__*
com
Ltd
pfd—
pfd
•"
*
•
*
•
■
•
..
Feb
Jan
2.00
;
Jan
2.00
Apr
1.25 Mar
137
33 %
Jan
161%
•
Apr
3%
2,450
Feb
4
Apr
a53
a53
8
50
Feb
52
Mar
al5
al5
5
15
Jan
15
Jan
9%
100
11
Jan
40c
1,600
40c
•'-L
3%
9%
25e
Apr
I
Jan
.
Jan
60c
3%
3%
465
9%
9%
25
a30c
a30c
a30c
43
35c
al5
al5
al5
14
15% Mar
16
Jan
"16
17%
6,636
15%
Feb
18%
Apr
10
10
100
9%
Apr
12 %
Jan
8
8
100
8
Apr
'—
16%.
10
"
3% Mar
;
Jan
10%
Jan
6
9 % Apr
Jan
35c
■.'/
Jan
8%. Feb
45%
45%
47
210
42
Feb
48
Jan
38
38
38
60
37
Mar
18
Apr
40
18
19
1,570
18
Apr
20%
Jan
6%
140
71/4
Jan
27
15
16%
75
6
6
16%
16%
100
20
1.50
Feb
101
..
9%
;
--4.
B_"—_*
Ltd
77c
(The)
*
75
f
<3%
'
*
Canada
'
Mills
50
171
— -
Dominion Oilcloth & Linoleum
Donnacona Paper Co Ltd
32-%
16%
187/a
a75
3%
•
2
•
r_u
100
3
30
.:
common
of
Preferred
Steel
2%
84
25
*
100
Consolidated Paper Corp Ltd—1
Eastern
Jan
151
56
common..*
Consolidated Div Stand Sec
52
6%
,'r 5% Mar
33
—
General
Frere
Jan
47%
com—*
pfd—
&
Jan
12%■
47
'v.
Canadian Westinghouse Co Ltd
Catelli Food Products
57c
David
15
Apr
1.15
10%
Paper
Vickers Ltd common..!
preferred
Canadian Western Lumber Co—
Consolidated
Jan
33
171
1
.....
7 7c
Commercial
100
16%
100
Canadian
Steel
508
3
14%
10
200
Jan
1,217
a75
*
100
—
57c
Jan
Mar
20%
20%
*
preferred
Canadian Light & Power Co
Canadian Marconi Co
Canadian Pr
11
9
19'/a
.
100
Ltd
Mar
50c
11,084
87
Apr.
165
--I
*
_
Inv
20
2%
\f
41 %
Apr
Mar
47
Canadian Ingersol Rand Co Ltd
Canadian Inter
41%
Jan
160
5
3
2%
*
5%
al55
84
a
155
2%
V■
luu
;
Canada & Dominion Sugar
Canada Malting Co Ltd
Canadian Fairbanks-Morse Co Ltd
Canadian Gen Invest Ltd—.
Canadian Industries common
Dominion
Mar
5%
--
7%
12%
6%
pfd—100
Ltd
Jan
12%
--
34%
Company
Preferred
Burnett
&
Feb
47/a Mar
4% Apr
al65
& Millen Ltd class A—
Brewers & Distillers of Vancouver
5
British Columbia
Packers class A—•
Class B
*
Pulp
10%
705
331
*
Colum
585
4%
4%
Brand
British
Jan
y
Jan
11%
—
Brown
Mar
18
Can—
Common
<
15
Jan
,
4%
4%
:
*
of
High
10
17
11 Va
W—'.-'1'
..
.
—100
Co
Low
100
700
•
4%
I
B__*
—1
Belding-Corticelli 7% pfd
Belgium Glove & Hosiery
17%
Range Since January 1
High
17
11%
,
Paper
Shares
10%
17
*
&
for Week
10V4
'
—
5
Products class B—
Power
Sales
Range
of Prices
Low
...—*
Ltd
Auto Fabrics
Bathurst
Ltd
Develop
Consolidated
9%
1,085
21%
Week's
•
Last
Sale Price
Claude Neon
20%
35
.4
*
com
Tubes
Feb
19%
21%
54
—
*
50
21/4
55 /s
—
54 A
Rwys
Heat &
Ltd
103 A 103 A
—
—*
Placer Development
Powell
River
Co—
40
page 44.
100
—
100
Ottawa
Chatco
19%
*
_
56%
Feb
13%
-w
•
46%
Apr
16%
25
al5 % al5%
•
100
Apr
43
a22
•
_
44%
20
——
Corp Ltd
5
8%
27
13%
•
preferred
125
»
_
(Robt)
Apr
14%
16
23
_ioo
Massev-Harrls
McColl-Frontenac Oil
Mitchell
51
13
•
preferred
Class
8%
•
25
Ltd
London Canadian
MacMillan
49%
3
.
Jan
99%
16
725
30%
100
„—
Apr
102%
Feb
Jan
20
4,704
*
preferred..—
15%
Apr
2V4
100
18%
•
common
Feb
43%
common.*
.
Woods
preferred
14
106
a6
5
Ltd
395
43
17%
15
Corp
Service
Jan
Jan
18%
22%
*
—
17%
Apr
a51 a51%
•
preferred
International Petroleum Co
Ltd—
International Power
16% Mar
7%
25
common
Jan
2
43
13%
;
Jan
Jan
98 %
102 %
18%
preferred-..—100
—
27
28%
15%
15
25%
of Canada—
65
Jan
Apr
100
29%
common_5
common
—
110
•
24
22%
97% Mar
2
2
a45% a45%
•
common
Feb
...
9%
*
50
$4.00
International
17
100
25
International Nickel
International Paper
5%
17
Feb
97%
.£1
International Bronze
5%
Apr
11%
15%
•
Acceptance
Intercolonial
Lewis
15%
300
16
Canada
20
Par
275
1*%
'"
•
of
10%
15%
25%
Alabastine
Bridge
590
Jan
15%
97%
a51%
preferred
Indust
T
22%
IlOO
&
20/4
Jan
20
102% 102%
1927——
20%
Ltd
Mills
Flour
Mar
17
•
Feb
Jan
a90
14%
w
6
—20%
26% Mar
20
11%
15%
.
727
Jan
25
19%
•
common
7%
Corp
Apr
24
26
Rubber—
inc
Imperial Oil Ltd
Imperial Tobacco
v 4%
preferred
Legare
17%
24%
1,144
24
25%
Smith Paper common
$2.00 preferred
I.
Hudson Bay
Mining & Smelting
Laura
Apr
21% Mar
16%
23
Howard
7%
15%
15%
"•
'
7%
Jan
a90
:
7%
Apr
34 %
«•
common
&
Gypsum Lime
Lake
39%
Feb
20
0
preferred
Labatt
Feb
Feb
31
97%
Wares
preferred
6%
27
35%
•65
-*.4,
Steel
Goodyear Tire
6%
Apr
455
14
11%
—
5% preferred
General Bakeries Ltd
4%
25 %
39%
25%
.
5%
25
39
12%
Electrolux
General
Jan
37
—
Is
23
14
TOO
-.20
Feb
18%
39%
125
preferred.
22
Jan
34%
a25a25%
—
~*
<f
25
Apr
18%
—
-•
Paper
Feb
13%
96
•
;
Jan
175
25
!3 %
Power
9
11%
300
20
preferred
Gatineau
% Mar
Jan
310
——
Preferred
9
28%
32
•
A
845
Feb
Feb
9%
LI*
Eddy Paper Co class
9%
26%
133
13%
«
—«
77c
preferred
Dominion Steel & Coal class B
Dryden
Feb
Feb
13%
„•
Dominion Coal 6% preferred
Dominion Foundries & Steel—
Red
133
1
47%
13
A.
;
5
Feb
31
13%
A—..
Distillers Seagrams
Dominion Bridge
Glass
131%
a27
a
13
Mar
9%
.—25
Crown Cork & Seal
Co.———;
Dominion
Apr
46
9%
»
class
10
Jan
13
Railway—
Co
22% Mar
39
"
Consolidated Mining &
Smelting—_ III5
Consumers Glass
•
Leather
Feb
Feb
31
•—
1
Cockshutt Plow
Davis
19%
37
15
a27
,
*
Canadian Locomotive
Canadian Oil Companies
Canadian Pacific
al31%
•
Canadian Ind Alcohol class A
1,007
common-,.5
Chemical
preferred
Southam
13
20%
100
—
Feb
Apr
22%
21
—
,
37%
21
12%
f
a36
pfd
Jan
21%
12%
•
Jan
14%
Jan
22%
♦
98
Mar
20%
«
Investment.
Jan
405
...
Foreign
Jan
5%
28
—
Canadian Converters class A
pfd— —20
Canadian Cottons common
*
Fairbanks 6%
17
8%
'
Canadian
Jan
23%
a97 a97 %
»
Class A
Canadian
Apr
5
'
•
Canadian Celanese common
15
23%
——
Canadian Car & Foundry common.,
50
248
27%
—50
Canadian Breweries
Canadian Bronze common
al4
28%
15%
•
preferred
High
36%
Electric
Apr
a4%
'
•
pfd... "I100
5 7o
4
Jan
al4
23%
.20
.
26%
27%
—
•
preferred
Canada Northern Power
Corp
Canada Safeway Ltd 4%%
Canada
77c
Saguenay
a4%-
28%
_______
■
$1.30
*
_
Low
36
Jan
97%
2%
-
Canada Cement
Ogilvle
Provincial
24%
#
_
Range Since January 1
High
36
Weaving—Till
Mines
Ottawa
Jan
97%
—to.
Class
Building Products
Low
—*
common
preferred
Wire
Noranaa
Jan
20
*
iWm)
Niagara
Price
41%
——
Bulolo Gold
Shares
—
18%
A—*
A
.
18%
♦
class
Jan
a__
—
23%
«
.
Ltd
26%
Feb
a
Jan
41%
—
cl
23
6%
18%
pfd.—100
•
Products.
Power
5% Mar
Jan
41%
*
•
cum
Forest
...
Neilson
Apr
47
19
25
...
Jan
9 %
Apr
175
—.....
Mills
Jan
26 %
Feb
44
6
_.
Bruck
8
95
a90
♦
class
Jan
1
44%
6
__
__
25%
a9
44
—
6
British Colum Elec 4%%
Columbia
21%
a9
50
______
Columbia
Car
Jan
42
_
preferred.
Preferred
Class B
24%
100
140
*
Telephone
British
Jan
5
8%
25
.
Brazilian Trac Light & Power
British American Bank Note Co.—.
British American Oil common
British
23%
alOl
common
Corp
Tel
23
42
*
Amalgamated Electric Corp
4%% pfd
Assoc
High
8
Arglo Can Tel Co
Asbestos
LOW
alOl
_
Aluminium Ltd
Argus Corp Ltd
Steel
for Week
of Prices
Jan
23
♦
of
&
National
Range Since January 1
Drug
'
_
Co
Shares
Breweries
National
for Week
18
......
Algoma Steel
Aluminum
•
National
13%
$1.50 preferred
...20
Acadia-Atlantic Sugar class A
57c preferred
—.—.100
Agnew-Surpass Shoe
of Prices
Sales
Low
T*
.
•
Range
Par
Week's
Sales
Week's
Last
Sale Price
a27
a
6%
Apr
a—
16% Feb
a__
—
16% Mar
fl
THE
Number 4799
Volume 169
COMMERCIAL
&
FINANCIAL
APRIL 29
RANGE FOR WEEK ENDED
Friday
STOCKS—
Week's
Last
Par
Fairchild-Aircraft Ltd —
Fleet Manufacturing Ltd—
_i
Shares
*
60c
Foreign Pow Sec 6% cum red pfd__100
ureal Lakes Paper Co Ltd com
*
Halifax Insurance Co
10
Hendershot Paper Products common—*
Range Since January 1
High
100
1.85
22%
60c
1.25
1.50
Apr
20%
Feb
5Va
Apr
a6
a4
a6
113
13%
13%
14
725
8(4
8(4
8(4
60
10
9(4
11(4
200
Friday
Jan
2(4
Apr
825
1,165
23 %.
Jan
STOCKS—
5(4
Par
Apr
Jan
Abltlbl
8(4 Mar
10(4
Jan
9(4
13
Jan
$1.50 preferred
Acadia-Atlantic class A
Apr
Apr
Range
^
.
w
Power
&
Paper common—
Hubbard Felt Co Ltd class A pfd__
*
18. ^ 18
a2%
a2%
„*
■—
Investment Foundation Ltd common..8
Lambert
Loblaw
(Alfred) Inc—
Groceterias Co Ltd
.
„
1
s
100
18
Feb
2%
8
Apr
8%
Jan
Apr
Apr
9%
Jan
31%
Jan
8(4
8(4
25
7%
28
28
50
28 >
:—*
14%
14%
15
255
—_<■
36
35(4
36
55
9%
9%
50
26(4
26(4
26(4
60
a90 (4
a91
10
12
12
700
1.00
1.00
1,750
A—",
"
^owney
Ltd
Co
(Walter M)
MacLaren Power & Paper Co
Maple Leal Milling Co Ltd—
Massey»-Harris Co Ltd 6%% conv pfd 20
McColl-Frontenac Oil 4%
pfd—100
Melchers Distilleries Ltd 6% pfd
10
Mica
*___10
Ltd
Canada
of
Minnesota
Paper Co
Ontario
&
Montreal Refrig
16%
5
16%
& Storage Ltd com—*
Moore Corporation Ltd
Mount Royal Rice Mills Ltd—
17(4
_*
8%
Nova Scotia Lt & Pr Co Ltd common.8
67
-
16(4
6%
preferred
Nuclear
Enterprises Ltd
Crush Ltd
Orange
Paul Service
Power
Southern
Canada
Southmorit
Stowell
Co
Feb
97%
Feb
12
Mar
12%
Jan
Feb
1.10
Jan
50c
16%
65
25
22%
Mar
13
Apr
17
18
17%
18%
2,270
177/a
Apr
20'A
Jan
*
23%
22%
23%
485
21%
Jan
25
Jan
102
15
100% Mar
103
Jan
5%c
6c
4,150
5%c Mar
8%
8%
50
9%
20%
111%
125
9%
Feb
5(4
100
5
Jan
50
18
al08
al08
1
104
Apr
Apr
111
47
47
10
47
Apr
47
20
21(4
936
12%
Feb
100
14
Apr
14%
7
55
16%
Apr
18
Apr
18%
Feb
10%
100
Ltd
Ltd
•
class
63
111
45c
12,185
'
45c
Jan
120
17
Jan
45c
700
45c.,; Apr
10(4
10(4
41
9
20
20%
60
20 r
37(4
37 »/4
25
35%
11(4
75
11%
13(4
13(4
146
/
*
__■'
«
.*
——
Windsor Hotel. Ltd
41c
al7
45c
11(4
Union Gas of Canada Ltd_-
*
113
Apr
al6(4
al7
—
(J C)
112
45c
A
United Corporations class B—_—
Westeel Products Ltd
10
111 J/4'
111(4
20
13
V
I'
46c
Apr
61(4
Jan
25%
Apr
26 'A
Jan
1,245
25%
425
1
15c
15c
16c
1
12 (4c
12c 14 %c
15,600
28,600
Yellowknife
11 %c
30c
28c
31c
11,300
26c
3.55 Mar
8.65 Mar
10%
Jan
Jan
5.30 Jan
10%
Jan
1
3c
3c
1,020
1,000
3c
Apr
4c
Jan
*
4c
4%C
19,000
4c
Apr
7%c
Jan
15c
17c
8,000
13c
Mar
23c
Jan
6
6%
Area
Mines
1
Corp
Argus
15c
common
X*;
Preferred
72
22c
24c
1
11c
10 (4c
Mines
Atlantic
11%
Mar
Jan
10% Mar
.595
14%o Jan
13'A
Jan
9 (4c Jan
6c
._1
14 (4c
Oil
Atlas Steels
Mar
26c
80
9,000
.
14
Jan
6c
4,600
5c
Apr
14 (4 c
1
(1937)
12c
11%
Jan
Jan
8c
28,100
-10
6%
67(4
10
22c
Armistice
Ashdown Hardware class A
5% Feb
850
72
—1
-100
————
Arjon Gold
16c
22,380
11c
Mar
18c
Apr
Mar
94c
Jan
66c
64c
68c
4,500
59c
11%
—
11%
11%
1,780
10%
Feb
Atlas Yellowknife
-1
12c
13c
2,000
lOo
Mar
Aubelle
Mines
-1
8c
-8c
8 (4 c
4,625
8c
Mar
Aumaque Gold
Aunor Gold
-1
15c
15c
18C
19,100
15c
Apr
3.35
3.50
735
3.15 Mar
-1
12% Jan
15o
Apr
11 (4c Jan
38c
Feb
3.65 Jan
I
18c
18c
18c
1,500
/nJ^Jah
Bank
of
Montreal
-10
25%
25
26
1,065
|25
Bank
of
Nova
.10
35
35
35
395
34% Mar
36%
36 %
36%
250
35(4
Jan
37
Jan
26c
Apr
65c
Jan
Bagamac
Apr
Bank
Apr
21
Jan
20c
68c
Ansley Gold
Jan
Feb
18c
Apex Consol Resources
Mar
17
Feb
Apr
12,300
Apr
50c
12%c Jan
3.90
Jan
Jan
Mines
of
—
Scotia
Toronto
-10
Apr
276
Jan
26%
Jan
36(4 Apr
Feb
Feb
12%
Jan
16
Base
38% Mar
Feb
Jan
Mar
}
501
5i y»
25%
9.05
Jan
al0(4 al0(4
Jan
9.00
Jan
16%
Apr
56
3.70
Athona
225
85c
Apr
50%
Ashley Gold & Oil
17
Jan
42
3.70
Jan
16%
61c
9.00
Mar
17
3,600
200
51
pfd
Lead
Jan
75c
•
Canada
Apr
__
Feb
43%
25%
—
of
9 %
42
*
22% Mar
14(4
*
8C
70c
♦
Feb
10%
20%
% Apr
Anglo Canadian Oil.
Apr
14 J/4
•
Ltd
8
Anglo-Huronian
Mar
21
Jan
42
—
•
Co
American
Anacon
Apr
18(4
II—1
Amalgamated Larder Mines..
Jan
110% Mar
a
—.
Steel
Aluminium
Jan
Apr
8% Mar
16%
16(4
pfd
Oil
&
Aluminum
Jan
10%
47
High
1,475
102
Gas
Algoma
Jan
73%
Mar
.
Jan
30
Apr
28
18
Trans-Television
Wilson Ltd
96
•
fr 6%
Co
Jan
5(4
,
Invest
27%
__20
Ltd
Screw
Jan
26% Mar
100
1st pfd
preferred
Industries Ltd
Co
11
* •
132
5 (4
red
Sangamo
Jan
50
17
10%
*
Purity Floor Mills Co pfd
40
Quebec Pulp &-Paper 7% red pfd__100
Reitmans (Can) Ltd common*
*
5%
39%
—*
——
Stores Ltd
Corp of Can 6%
Russell
8%
.
LOW
14%
2o
Agnew-Surpass
—;
Akaitcho Yellowknife
Jan
Apr
Feb
100
110% 110%
100
,
16%
35%
8%
50
67
•
14% Mar
>
1,575
29
29
Acme
Range Since January I
High
13
Jan
50
8
2%
28
class
Feb
18
Feb
10
Shares
13%
Preferred
Hydro-Electric Secur Corp
for Week
of Prices
Low
..
,
16
13
Sales
Week's
Last
Sale Price
Jan
26
Exchange
OhmUui Funds
High
Low
60c
1.75
22 %
Toronto Slock
for Week
Low
5
Ford Motor Co of Canada class A
Sales
Range
of Prices
Sale Price
(1917)
MARKETS
LISTED
CANADIAN
CHRONICLE
Metals
-
Mining
26 %C
26c
29c
>
Btvens River
42
41 Va
41%
35c
40,100
42
-25
Beatty Bros
Telephone
Bell
35c
———1
■
35c
125
Mar
40
500
32c
38% Jan
Mar
Feb
45
41% Jan
55c
Mar
'
Mining
Stocks—
Anacon Mines Ltd
Arno
Miiies
Ltd
Mines
Aubelle
1
31c
2
—
Ltd
1
Band-Ore Gold Mines Ltd—_1
Base Metals Mining Corp Ltd
^
-
4,500
28c/
2'4c
1,000
2 (4'c Mar
8c
8c
1,500
6%c
6%c
6%c
27c
27c
3,000
5c
Bouzan Gold Mines Ltd———
lie
5c
-
5c'
•
Feb
3c
2,000
-3c
Jan
4,000
11c ;
Apr
500
2c'8
44,500
5c*
4c
4c
8c
8c
12c
I,500
>
>
Bldgood Kirkland Gold—
7(4c
Bonville Gold
Jan
Bordulac
4o
Feb
Boycon
16C
Jan
Apr
-5c
25c
Feb
-
Carticr-Malartic
Gold
*
Mines
Centremaque Gold•; Mines Ltd——1
Century Mining Corp Ltd——.L——1
Consol
Central
Cortez
Cadillac
Explorations
Cournor: Mining
Nickel
Denison
Detta
Ltd
Mines
Ltd--
East
Sullivan
Eldona
Mines
Ltd
i
Brand
Francoeur
Gold
Mines
Apr
7c
Mar
5(4c
7J/2c
26,000
-13c
14c
2,500
Jan
7 (4 c
6c
Mar
Preferred
Jan
Apr
—
'-18c
Brewis
Red
British
Amerioan
Lake
Feb
34,000
27c
Feb
S7c
Feb
5,200
31c
Mar
37C
Jan
17
Jan
10%
585
10% Mar
12(4
Jan
albVac
a20c
600
9 (4 c
Feb
23c
Apr
Buffalo Ankerite
1
33c
33c
500
33c
Apr
52c
Jan
Buffalo Canadian
*
35c
Mar
Buffalo
5,000
1,750
14(4
Macdonald Mines Ltd
I4(4c
78c
Jan
5(4(5 Jan
10c
Mar
Apr
10c
Jan
Jan
53c
6.25
Class
Jan
l47/a
Apr
Building
Apr
45c
Jan
Burns
32c
Apr
70c
Jan
Burrard
32c
40c
10,460
2.58
3,300
61 (4
61(4
62(4
2.12
Jan
2.64
Jan
,62(4
Apr
Co
15%
15%
4%
4%
25
16c
5,000
14c
2.25
2.25
2.42
12C
12c
12C
11c
Mar
6C
5%C
7 (4 c
1,150
1,500
21,282
5%c
Apr
28%
*
IIIIIIIIIl
Lake
28
28%
4%
Calder
84c
Jan
Caldwell
Apr
31c
Mar
5
1
72c
72c
72c
1
a26
a25
a26
60c,. 60c
1,000
55c
Apr
75C
Feb
Callinan
10c
Apr
22c
Jan
New
■,
_i
—
Marlon Gold Mines Ltd—
Normetal
Mining
.
375
51
600
72c
625
''
26c
1
10c
10c
10c
II,000
—*
Corp Ltd
2.54
2.54
2.60
2,000
-
P&fo
Cons Gold
_1
Pioneer Gold Mines of
1
B C__
■
1
Pitt Gold Mining Co Ltd
1.61', 1.75
1.6I
Dredging Ltd—— 1
1,300
3.50,3.60
135 ~3.35
300
2,000
Apr
Apr
Mar
1.92 Jah
5% Jan
24c
Jan
8.05 Jan
20c
Jan
(4c Jan
33
Jan
75
12%
Jan
14% Jan
17
507
16
Apr
17%
7
7%
720
7
Mar
8c
8C
500
14%
4.75
14%
30
5.65
14,795
6 (4 c
7%c
4,100
6c
Feb
8(4c Jan
38c
Feb
54o
1
common
Calgary & Edmonton
Flin
Mar
28
13
5.50
;
Bousquet
Linen
660
9
7%
A
Flon
40c
41c
3,500
3.25
3.40
3,140
8
Feb
% Jan
Feb
lie
Apr
Feb
6C
14
17
Jan
4.30 Feb
6.60 Jan
Jan
3.70 Jan
2.45 Mar
1
Campbell Red Lake—
O'Brien Gold Mines Ltd—
4%
13
B_
Calmont Oils
New Jason Mines
Ltd——
26% Jan
16
—
class
class
Apr
Apr
New
Mines
15
80
*
Products
&
Mclntyre-Porcuplne Mines Ltd—.
Nechi Cans Dredging Ltd
Goldvue
27c
14c
—
Red
13c
2.42
90(4 Jan
Jan
11%
32c
29c
1
——
B
600
2.42
•
—
Buffadlson Gold 4...
Jan
Apr
3.95
Oil
Dominion
Broulan Porcupine
Bruck Mills class A
9,000
—1
2% Feb
25
Mar
9(4c Feb
British
14%
—1
-
pfd
24%
Jan
52(4c«Mar
Burlington Steel
—1
—«
Forest
British Columbia Power class A—*
14c 15 J/4 c
.
Ltd
31c
10(4
4.20
Jan
33c 34 %c
8c
35c 35(4c
Jan
3
310
5c
3.95
101%
26
7,500
__
Apr
Apr
25%
1,000
3.95
98(4
3,525
5c
—i—l
86%
2%
8c
Labrador Mining & Explor Co Ltd—.1
Lake Shore Mines Ltd
l
5
20
86%
5C
__
Jan
98%
8c
al5(4c
25%
2%
7,000
1
Jan
Apr
22
86%
6c
1
24%
24%
98%
5(4c
3.45
Mar
75
2%
__
International Uranium Mining Co
Apr
7%cMar
98%
59c
}
120
86%
2.88
preferred
Columbia
5%C Apr
100
58c
4%%
British
,
—100
Products
•
2.75
__
1,341
Apr
Apr
20(4 Apr
23%
__
*
24
120
1.25 Jan
25%
24%
2.75
Apr
Apr
16%c Jan
2.45 Mar
1,000
Feb
23(4
1
Apr
120
5%c
Feb
18%
5'
120
Jan
25
2,942
241/4
13,000
9c
45c
25
20
.*
British Columbia Elec 4%
9c
,19%
.
18%
Apr
9.50 FCb
25
common
—
11c
Hudson-Rand Gold Mines Ltd—>_
Fields
Oil
Preferred
10c
Jan
9c
Apr
15(4
—
'
Jan
10c
8%c
.
5%C
■
1
25
10(4
Malartic' Gold
100
—
500
5
Louvicourt Goldfields Ltd
——_
18%
8.25 Mar
Mar
2,500
Mines Ltd
Ltd
10,125
19
5c
Mines
95C
25%
9c
Ltd———,
6%c Jan
45c
80c
...
pfd
6c
1
Joliet-Quebec
13c
Jan
"7c
16c
Cordage
19
GoldoraMines Ltd
Hollinger Cons Gold
13c
■
Apr
3(4cMar
:
Feb
Feb
25%
& Millen class A
6c
I
3c
26c
835
Brazilian Traction Llgbt & Pwr com—*
6c
8,100
Feb
1,000
7,932
Brantford
8c
2,500-
18c
3c
44c
_i
__
Feb
9.20
8%c
%
3'Ac Apr
10c Feb
4c
11c
3,500
11,000
/
43c
Jan
5,000
/
Jan
3%C
9.00
Jan
6c
1
16c
43c
3c
11;300
5(4c
10 %o Mar
9.10
39c
7c
< :
4,100
3c
•'1
•
Jan
-
8c
2,000
Jan
12C
•
Mines
9c
Ltd—1.
Formaque Gold. Mines
6c
Feb
16c
1
Bralorne
Apr
2c
1,600
•
19
Ltd——_1
Gold Mines Ltd—,
6c:
37,000
>
7c
1
•
Gold Mines
10c
2(4c
8c
__
1
Dome Mines Ltd
Duvay
*
6c
"
1
Ltd-—1
Mines
Red Lake
6c
2 VbC
Ltd—I4'
Mines
Ltd
Co
10c
2 (4c
•
Ltd—1
33c
lie
11c
—1
—
Persning
Boy mar
P;.
Candego Gold Mines—
Mar
5(4c Mar
20c
Mar
Mar
2,100
11,733
lie
lie
1
—
7(4 Mar
Feb
5
25c
6%c
3%c
I
Mines
100
6%
24c
6 (4c
24c
1
Bobjo
Jan
6%
II_I__II_Il
Gold
Bevcourt
Feb
65c
' 11c
4c
_1
9c
Apr
27c
3c
'
1,
Ltd.1^4-;.:'
Gold Mines Ltd_!—_._i.—„l
Feb
Mar
6c-
Bertram & Sons class B—. —_*
Jan
3c
10yac Feb
Apr
lie
—_1
Bonville Gold Mines .Ltd—i—
65c
Apr
8c
2,000
27c
;
Bordulac; Mines
Bouscadillac
31c
2(4c
__
*
Bob's Lake Gold Mines Ltd-—
29c
(4c
1.60 Feb
1.95
Jan
3.50
3.80
Apr
4%%
3.35 Apr
Canada
Apr
3.35 Apr
3.30
2.70 Jan
3.75 Mar
*
preferred
Machinery
-
5C
500
4 (4 c
Jan
9c
1
30c
30c
41c
7,200
30c
Apr
67c
Feb
Canada
1
4c
4c
4(4c
li500
4c
Apr
8c
Jan
Canada Northern Power
*
al4
Red Crest Gold'Mines Ltd—
*
4c
3%
Feb
3%
85
85
15
84
Mar
87%
*
6
6
115
6
Apr
47%
47%
35
43
Mar
8%
87/a
185
31% Mar
33%
15
Mar
16(4 Jan
187% Mar
192
Jan
14(4 Jan
25
2%
Apr
Feb
6% Mar
Jan
Development
Quebec Manganese Mines Ltd
Quemont Mining Corp Ltd—,
3%
100
Canada Bread common
Quebec
Labrador
Santiago
Ltd,-.
Mines
_—
Steeloy Mining Ltd
Steep Rock Iron Mines
—
Cons
Mines
1
—
—
1
1
14
100
4c
a
•
1,000
14
Mar
16%
Mar
4c
♦
Toburn Gold Mines
Feb
Class
__
1.60
1
5,500
8c
Mar
14c
Jan
Canada Permanent Mortgage
500
40c
Apr
48c
Jan
Canada
32,100
32C
32c
2,000
25c
Mar
48c
3,050
45c
Feb
8
(40
5c
1,000
1.35
1.38
700
1.-60
1.70
3,875
1.47
Apr
32c
53c
Apr
Apr
1.60
Jan
500
52c
Mar
64c
1.15
1.12
1.16
29c
27c
32c
44,400
27c
Apr
66 (4 c
651/2 c
74c
51,100
53c
Mar
3c
3c
1
6,100
1.08
Apr
64c
Breweries
Canadian
Jan
1
Canners
Canadian
Jan
Class
1.28
Jan
Canadian
Mar
4 (4c
Jan
Apr
15
Feb
Feb
10c
Car
Preferred
900
9.20
*
3.70
3.85
1,000
3,60 Mar
5.30 Jan
Calgary & Edmonton Corp Ltd——_*
5.45
4.90
5.55
900
4.50 Mar
6.60
Consol
8 (4c
8V4C
10c
4,500
8c
Mar
12c
Jan
Canadian
18c
19c
2,500
17c
Mar
32c
Feb
Canadian Locomotive
1.60
1.95
10,600
89 «/2 c
Feb
Apr
Canadian Malartic
Canadian Dredge
Canadian
Oil Stocks—
Ltd
General Petroleum Ltd
.
Pan
Oils
Royalite
South
85c
85c
1,500
3,844
Oil Co Ltd
new
10%
11
2.20
2.10
2.40
2,500
*
Ltd
10%
90c
Oils
Brazeau
1.64
•
Ltd
Western
1
common-—— **
Home Oil Co Ltd
Okalta
*
*
Gaspe Oil Ventures Ltd
18c
17c
20c
14,500
6.65
common
Petroleum
Ltd—',
For footnotes see. page 44.
Food
Products
*
6.40
6.70
4,935
14c
15c
2,200
85c
9.70
1.20
13c
5.90
14c
Apr
Feb
Feb
Jan
Feb
Apr
1.95
90c
Jan
Mar
13% Jan
2.60
25c
6.70
22c
common
:
Class A
;
Oils Ltd
50
115
10
23%
23%
24
1,042
20 7/8
20%
21
1,655
13
" Mar
24%
Jan
.22% Feb
Mar
28(4
Jan
Apr
24
19%
Jan
Jan
21
Apr
Preferred
—.——
Canadian Ice Machine class A—
Indus
Aldo "A" voting
Canadian Oil Cos
16%
438
15
Feb
18
23%
80
23
Apr
25
Feb
16
16%
410
15
Feb
18
Jan
12%
12%
75
12% Mar
15
15
50
15
*
21
21(4
1,115
19%
Apr
Feb
22% JaQ
37%
37%
30
36%
Jan
39
23
23
40
23
Apr
28%
Jan
•
7
7
7%
Apr
8%
Jan
•
10%
10%
10%
100
75
*
16%
16%
Apr
Canadian
Tire
Apr
Canadian
Utilities
——
common
14(4 Jan
17
Canadian
Cariboo Gold
•
'
,
870
preferred
9%
55
10
Jan
20
74%
Apr
Apr
13%
76
77
Feb
12%
100
12%
Apr
12%
9%
880
9%
32
279
—*
67c
680
2,112
•
13
13%
400
13%
„
__
1.25
13%
14
26
.100
6%
75
31%
25
Jan
Jan
12%
1
Corp
Wirebound class A.
Feb
p
•
Canadian Pacific Railway——
Jan
Jan
16
23%
*
common
7,000
Anglo-Canadian Oil Co Ltd—
14
28%
Jan
10
Jan
Celanese
7,500
3c
1
189
13%
28%
13%
50
25
common
A
9.40
„
4 (4c
*
Apr
1.23 Mar
73c
4(4c
1
189
100
Apr
•
20
preferred
Conv preferred
9.20
1
*
Co
720
—20
*
common
1st
4(4c
Ltd
——
Oil
16%
•
Commerce
of
Canadian
Jan
1.90
1
Waite Amulet Mines Ltd
Homestead
32%
15%
8%
Jan
5c
£c
Lines common
Steamship
Canadian Bank
Jan
1.45 Mar
64c
Westville Mines Ltd
Decalta
32
15%
Canada Wire & Cable class B—„ *
2.57 Jan
1.35
l
—
B
2V4C
V
32
140
*
Canada Packers class A
Jan
3c
■
Vinray Malartic Mines
47%
*
40c
40c
1.47
5c
_
Ltd—
—
*
45 (4 c
„
1.50
•
Ltd—,
Torbrit Mines Ltd
Trebor Mines Ltd
United Asbestos Corp
warrants
1.95
8 (4 c
50c
;
Sladen-Malartic Mines Ltd
Stadacona Miner (1944) Ltd^
Malting
'
Senator-Rouyn Ltd
—1
Sherritt-Gordon Mines Ltd—_—_1
Sullivan
5c
1
3,018
9% Mar
28%
65c
12%
Feb
Mar
Jan
13(4 Mar
Apr
11% Jan
36(4 Jan
79c
Jan
15%
Feb
17(4 Jan
26
50
Jan
27
100% 100%
24
24
5
99(4
Jan
102
Apr
Feb
250
23%
Feb
25
Jan
1.32
2,100
1.25
22
1.15 Mar
1,50 Jan
41
42
(1918)
THE
&
COMMERCIAL
RANGE
Friday
STOCKS-
Castle-Trethewey
Central
Leduc
Central
1
—
Patricia
Steel
1.55
3,800
1.74
Apr
Grandoro
Jan
Great
Jan
common
91c
95c
4,900
-90c
Feb
1.65
90c
1.28
44,550
90c
Apr
I.45
18%c*.
18c
22c
23,500
14V2c
Feb
914
:
914
25
—
Par
Jan
90 %C
Mines
Porcupine
Chatco
1.70
Range
for Week
of Prices
Sale Price
Shares
Mines
Lakes
Class. A
Low
0
—t.
Paper
13%
13%
Great
West
38%
39 V®
16 V®
16 V®
16 Va
II,
Jan
Great
West
Saddlery
12%;
1114
;
Coal
*
__.-j.--4—.*
Low
500
-
1414
preferred '—-r—
Apr
High
15 %c 15 Vac
__
••
•
common—
22c
9 Va, Apr
Range Since January 1
''
High
LOW
Sales
Week's
Last
,
High
1.65
stocks—
Range Since January 1
92c
Gold
Central
Shares
Low
Oil
:•"
for Week
of Prices
V.
280
•
-
16
'
f
/
Research
ChesKirk
(new)—50c
Mines
Mines
—,
—,
:
:
Bar
2.72
17c
5c
7,500
1.60
98c
Mar
654
16 y2
1614
75
314c
1,500
15c
1-.'
Knotting
class
A—.:—__4
Ma la rue
-Cochenour
2,500
..
Mar
_.
3c
1
.
Plow
2.50
2.50
•
13 '/a
—1
—
2.70
131'®'
-
-
30c
27c
„
13,275
-
lie
1.60
10c
Jan
Gulf
Jan
2.85
Feb
Gunnar Gold
18%c
Jan
Gwillim
1.75
Jan
Gypsum
/
Mar
18
18
.'53c
9% Mar
2.00
12 V®
Yellowknife
1
Commoil
4V®c
414
—0
Commonwealth
Conlaurum
Petroleum
Jan
2.73
1
Consolidated
Bakeries
Consolidated
Beattie
14%
Feb
Hallnor
Hamilton Bridge
Hard Rock Gold
17c
Jan
30c
Apr
4 V®c
Apr
7c
17 %c
35V2c
Apr
36c
Apr
750
64c
Apr
1.24
Jan
4,475
85c
Feb
1.10
Apr
17VaC 20Vac
9%
9Va
46c
48c'
—
55c
60c
Consolidated Duquesne
1
17%c
9,400
9%
46c
Consolidated
Homestead Oil
Consolidated Mining
Consumers
Conwest
& Smelting—-5
151
•
1.12
Harker
Feb
38c
Apr
10 Va
Jan
8
Feb
16,355
46c
Apr
64c
-Jan
6,100
40c
Mar
65c
Croinor
Pershing
Crow's Nest
Crowshore
-
Headway Red Lake
Hedley Mascot
Hendershot
»
Gold
Mar
12c
Jan
Highland-Bell
Apr
1714c
Feb
98
2,145
95 V®
Apr
123
Jan
Highridge Mining
Highwood Sarcee
-
Da vies
Davis
Leather
Decalta
class
Oils
Jan
1.45
Jan
1814c
Jan
Holden Mfg class B
Hollinger Consol
21c
23c
3,500
20c
Mar
30c
Jan
Homer
52c
58c
1,600
40c
Feb
49
50
285
83
148 Va Mar
1.11
6lc
Apr
52
45% Mar
Jan
&
A
*
Hosco
Gold
i
Delnlte
Mines
Denison
Mines—
Red
Discovery
——_
Lake
110
2%
Feb
17c
13,200'
9V»
Mar
33c
&
Dominion Magnesium
Dominion
Scottish
Preferred
Dominion
Invest
Steel
&
Coal
B
Dominion
Donalda
Bay
————_4
Gold
100
114 V®
116
29V4
29
29 V®
485
27 V®
Feb
4
29%
18%
18 Va
Apr
18%
6,486
16%
Feb
19%
Jan
13'/a
Bank
Oil
:
„
'
—
Machine
(John)
&
class
—.6
Bronze
preferred—
15V4
Jan
19%
Apr
Preferred
24 V»
Feb
26
Jan
International
Nickel
2%
3 Va
Apr
Apr
12
Apr
51%
25%
872
24%
Apr
27V®
11
550
10 Va Mar
14 V®
4
100
10
51 %
42 y®
42 V®
u_
1514
16%
424
2414
24'/a
24 Va
4
255
—
■
50
42 V®
5
Apr
'
25V®
11% K
11%
25'4
50
11'/a
20
35
12
12
12%
80
46c
52c
19,450
19c
19c
19c
•:<
9,000
9c
9c
11c
lie
11c
11
12
Jan
/
Amphi
__——————l
Oil ——
*
East
Crest
East
Leduc
Jan
Mines
Kayrand
Kelore
East
Malartic
Sullivan
Mines
Kelvinator
Apr
Investment
Elder
Mines
Eldona
Gold
Apr
13 Va
Jan
65%c
Feb
Sol
9c
Mar
17c
Jan
9 VaC
Feb
12c
Mar
7c
Apr
1014c
Jan
6,500
22c
2.40
2.40
2.60
11,900
2.05 Mar
2.70
Apr
2.75
2.25
2.89
18,500
2.45 Mar
3.45
Feb
7%
6
6
7
1,000
•
Apr
38c
Jan
"'
480
6'/4
6
Apr
4214
"
—1
57c
100
33
Jan
16
400
15%
Apr
35c'
36c
61c
30,804
1
38,700
4c
2,500
4%c
4%c
1,000
4V4C Mar
6c
Jan
20c
25c
8,000
15 %c Mar
25c
35c
35c
Apr
37c
6,500
34c
Gc
6c
2,400
5 Vac
13V4c
-13V®c
15c
5,000
12c
(T
Hi
preferred
Corp
—
——25
19
—1
—•
Falconbridge Nickel——
Famous
Players
Fanny Farmer Candy Shops.—
—1
4
•
,
Fibre
Products
•
1
Mfg
Lake
(John)
———i
—
Fleury-Bissell
Preferred
Ford
Motor
class
101®
6%c
20
41c
980
Gair
Co
43
'
•
Apr
17
Jan
40c
Apr
12c
Jail
Lake
Fortune
Lake
Lake
Shore
Gold
5%
La
Wasa
Luz
Mines
"U"
Laura
——;
1,200
I,000
70c
500
5 Va Mar
London
'
'
8
—
200
1.75
100
6V4
—
12
1.75
•
,
6%
178
16
16
80
75
23
—
2.37
...100
24%
125
2.35
2.45
13,030
92
—
17 V4
17 V4
92
110
30
17 V4
102V® 102Va
Jan
Jan
Feb
Lunward
7%
Feb
8
1
J
1
1
class
...
56c
•
1
—_
Co
91/aC
.a
36c
*
__
i4V2c
4c
A..
4
;
5C
98
12
Apr
1.50
6 V®
16
For footnotes see nage
Apr
2,200
Jan
1.28
12c
1.67
Feb;,,.
Mar
17c
25
Apr
Apr
Apr
2 V®
Feb
6V®
Apr
17
Jan
23
Apr
2.05
Jan
27%
Jan
2.90
Jan
3.25
l.lo
1.26
24,500
1.05
Feb
1.45
4c
4%c
7,500
23%
Jan
Apr
6.50
Jan
Jan
5c
l.^j
__
40c
85%
Jan
16% Mar
92
Feb
44c
17%
HOVa
Jan
._■*
!—'
4
..1
16% Mar
17V® Mar
70
14
15%
99Va
100
55
99 Va
Apr
5.90
6.35
17.868
4.75
Jan
6.40
9V®cl0%c
Apr
18,000
8c
Jan
11c
Jan
3 Vac Mar
35c
Mar
55c
Apr
16,450
25c
Apr
17c 17%.d
4,400
15c
Mar
13%cl4%c
4,700
10c
Jan
71/40
4V2c
14.410
34c
Jan
,48c
Feb
18
9'/ac
V®
11c
MacMillan
62c
7%c
7%c
73
73c 80
V2c
7c
5,000?
Mines
70c
650
27
10%'
14c
14 Vac
10%
•50
16c
13c 14 %c
'
,.y,
2.40
A
Gold
1
Mines
...
Class B
10Vac
14c
15c
8,300
2.40
2.50
7,000
Lake
12c
&
Fields
1
Maple
Eastern
Leaf
4
Gardens.——:
4c
102
Jan
_•
Mar'
Marcus Gold
Jan
Class
Apr
56c
Jan
A—
30c
Apr
74c
Jan
9c
Feb
13Vac
Jan
1.00
1.09
2,500
7,850
1.00
9
2.87
Mclntyre
McKenzie
5Vac
Feb
McLeilan
18c
800
2.57
16,080
18c2.44
2.41
21®c
214c
15
15
9%
9'%
125
4V®c
5c
2,000
12c
>"
12c
13%
13 V®
13%
61%
61V®
5
Red
92
10%
Jan
20
Apr
16c
Jan
18% Mar
10V®c Feb
—
1
1,105
92
25
62
1.022
45c
gc
48c
4.400
9c
9 Va C
9,100
•
McWatters Gold
is
Apr
—
11 %C 11 Vac
540
12 V®
Feb
92
i
,
Jan
7 Va
0
9c
10c
Mar
8V®c Mar
6%
5c
6.600
6%
265
6% Mar
5c
common
Monarch Knitting common
Moneta Porcupine
—4
13,500
1.20
1,500
10%
4,454
15
10
10
15
16%
•
5 Va c
1.10
Brick
16 Va
11 %
11%
4
4
1
nv£
42c
45c
5c
1.05
10
Mar
Apr
ten
»Jari
98
62
1
*
Apr
60c
-..Apr
12c
Feb
9%c
Apr
15y®
,>
■':
Apr
21 VaC
•'
—
•
Mar
9
32V®c-Jar):
6c
Seb
2,7 Va
1
Apr
50 %
,Apr
6c.-.Feb
22% jAn
>
Feb
26 V®
Feb
-15c
.
1
1
Lake
Milton
Apr
Jan
-
V® Mar
Mining C»rp
Modern Containers
Class A
9 Va
Ja-11
Jan
5 Vac
7
4
Feb
1514
ll1/®
Apr
50
Mid-Continent Oil
Jan
Jan
Mar
8
Feb
Feb
55
10.Va
4V®e
8
9Vac
103
Apr
Jan
100
Mercury Mills
Apr
2.69
314c
7 %
Jan
Mar
Jan
8 V®
100
Jan
30c
2 Vac Mar
7 Va
5c
V®
2.02
Jan
„iibfr3.10
Mar -,Ui ?
8 V®
16,500
50
18c
125
5 VaC
95
Apr
1,130
5c
49
Jan
Jan
26%
~~
Jan
AprydifiOlO
M fi 7Va
26 Va
•___
1.20
6V8 Mar1
9 VaC
Feb
116
40
Jan
34c
3 %c Mar¬
Jan
51
3,000
9
2.40
500
Jan
98%
c
tiO
500
9c
98
214
Jan
20 Va
:
Lake-
Gold
McMarmac
325
13.117
93c
4%c
1.•
Porcupine
Red
750
7
3.05
>1
4%c
3.15
5 Vac Mar
9%
7
Apr
19 Va
common
Preferred
Feb
Jan
9
2.87
18Vac
~~
4
Apr
32,560
195/"
4
—...
16c
;2.10 Jan
2.58
18,500
20
class
B
19Vac
Jan
l
—
Grain
16c
Mar
__..*
common
Preferred
McCabe
Mar
22c
1
Martin-McNeely
Massey-Harris
74Vac
!_
Jan
15c
40c
1
—
;
Feb
45c
12c
—_____4
Maple Leaf Milling
Maralgo Mines
;
11%
'
.
Apr
Jan,.
20c
1
Gold
Jan
30c
*
1
Jan
29
9%c
4
Red
Jan
31Va
30c
__
Madsen
.1.08
.*
9%c
ll
Mines
•
Mar,
13c
4,200
Jan
Feb'
12c
10% Mar
12,100
Jan
1.20
27 Va Mar
440
1414c
1
86c
Mar
28%
—I
—
1514 Mar
•;■:.
Jan
281®
Jan
4V4C
Jan*
28 Va
1
1214c
850
1,000
1.12
271®
4
Apr
11c
;
28Va
1
Mar
11c
2,900
11,950. /
28 V®
—4
class
Apr
Apr
%_
1
Export
Jan
6.35
Jan
65c
—
Gold
.2.45
Jan
1.17
5c
75
„
62c
1.85
320
13,800
/?.
-
16'/a Mar; ;i" >19 :
514c Mar !
12c;
1.13
2,500
•
30
1.15
12,000
10
,
Jan
II,070
20
:
2.10 Mar.
5.80 Mar! \;
.
14 Va
8c
20
1,000
18 V®
9c
—
2,500
385
2.10
9%
20,950
15 Va
7Vac
1.85
45c
'
McColl-Frontenac
39c
4c
Apr-
42c
'
Apr
2V®c
8,500
Feb
15
15 V®
106Va Mar
Feb
180
58c
12c
Jan
151/4
—;
River
Manitoba
Aur
103%
5,000
Jan
lOVa
Apr
Macfie Red Lake
Feb
102 V®
10
214c
Mar
6c
2,625
2Vac
Macassa Mines
Malartic
17
55c
40c
2,600
8,000
*
Jan
15,100
10c
314 c
Goldfields
MacDonald
64c
45c
'
•
Feb
14%
'3c
•
Jan
5c
9c
3c
A—
Yellowknife
Macho
3V®c Feb
14 V®
—
14 V®
2.25
(
class
Gold
Apr
15%
2%c
40c
,
—1
Magnet Consol
60
••
110
Jan
Jan
3V®c
19% Mar
1
—
MacLeod-Cockshutt
50%
50
__
Bcusquet
95c
6.10
7%c
—
1.85
•
Mackay class A
&
6.05
1
common
41c
14,950
Apr
11% Mar
17
-
1
—....
Jan
4,600
1.45
1,600
—4
®
.*—.—
Lac
LouVicourt
90c
15%
__
1
Porcupine
Jan
Apr
10c
■
13,070
•'
8
1114
.
—.100
Mines
28V4
16%
75c
4c
—1
Hosiery Mills class A
7Va
7c
Apr
Feb
1
Manltou
Feb
Mar
3 V4C Mar
2.15
Jan
—
26
14
6.10
1
B
Apr
lie
—
110
6,000
2.15
Ltd
Groceterias
Class
70c
26
—
Jan
Jan
5,130
6.10
—
:
Mines
Long
4Vac
Feb
—
Preferred
Graham
Loblaw
Apr
Mines
Goodyear Tire
Grafton
Jan
Jan
4.50
8c
Arrow
Goldhawk
Gordon
7
5c
70c
•
class A ——4
Gold
Eagle
Golden
6%"
common———*
Gold....
Mines
Goldcrest
Goldora
16
37
Apr
20%
i—.4
Lake
Golden
13% Mar
32
1,565
—
Goldale
Jan
Little
3.80 Mar
4,000
—,
Oil
Jan
14c
23c
5 VaC
„4
——
„^._3
Leitch Gold
8V«c
Glenora Gold
54c
Apr
Mar
4.25
1
Mines.:—
Feb
23V®
Giant Yellowknife Gold Mines
Gillies Lake
Mar
Feb
16 V®
Jan
8c
...
Jan
5%c
4c
1
Secord
11 Va Mar
22%
Preferred
52c
Mar
3.25
„
Wares
Apr
4c
140
1
;
Mining-
60c
'
—100
Steel
Gold
450
—......./100
Products Mfg
31c
20
1
—
19%
22%
preferred
General
God's
365
33
1,770
5c
Power common
———4
General
Globe
14%
6%
4
I
preferred
5 V«.
Jan
191®
_4
Mines
Apr
8Vac
i—
—,
Jan
13
3.35
—l v
—
Rowan
Lake
Apr
Mar
—a
...
36
Va
19%
1
Lingman
Leduc-West Oil
•
preferred
Gatineau
14
4
Fraser Cos common
Frobisher Exploration
27
Feb
Apr
Apr
8
5c
1
Lapaska Mines.——!
19
19
41c
32 V®
—100
A
30 V2
13 Vac 14V®C
•
Jan
75
32 V®
_4
common
,Francoeur Gold
,
—4
—4.——,
6,411
1.31
1.33
1
Ltd
Jan
11
.14'4
—10
„—_—
-
73c
—_1
Labrador Mining 81 Exploration
Laguerre Gold
Lake Dufault Mines
Lynx
A——
16
—
1
77c
3,100
3.95
*•••..
—
_
27
16
1
4lc
8c
3.85
1
————
—
preferred
Fittings Ltd class
Fleet
3.85
•
—
Petroleum
27
1
Gate—:
Mar
32c
6V«c
19
! —;
*
———
Federated
20c
*
Lexindin Gold
Federal Grain common
Federal - Kirkland
31'4c
^^-1
Lamaque Gold ————-----—*
Lang & Sons
4
11
—
Feb
Jan
38c
50 V®c Mar
1,500
57c
'
-■
43
1514
15%
1
Equitable Life Insurance ——25
Eureka
101 Va
:
:...
Jan
Gold—..—.
Estubrooks
99% Mar
1
Kirkland Townsite
Labatt
Larder
El
185
Feb,.
«■
Feb
25c
4,000
—
—
25 Va
4c
:
Kirkland
23c
—-20
——i—
20'
Apr
31c
—-—
Jan
7V4c
25
Eddy Paper class A'—n-
Apr
22
1,383
——
12
Lake
Economic
17%
215
9
Kirkland-Hudson
7c
•
r
25
22
100
Mines——
Apr
1
_
17%
9
31%
—1
Kerr-Addison
Jan
Apr
100
Mining
Jan
22c
-
Steel
8%
Apr
8 Va
,
8%
Jan
1
Mines..
East
Apr
8 %
(1939)
Mines
Apr
25% Mar
3014
(
Quebec
Jan
Jan
%
8%
Gold
Jellicoe
7c
•
,,
Eastern
—:
■
22 V2
7
60
®.,fl
14%
Jan
" 20 Va Mar
22
__
..V,
13% Mar
24%
■
■
8 Va
22
1
Jollet
22c
—.
—
Oil——
25
4
Jan
Apr
17% Mar
46c
132,100
7 V®
!
—.
130
vJan
•
30V®
—
East
50
650
Jan
117
i\ "■>
•
Jacknife
25V®
Mar
Mar
Apr
Apr
24%
j
112
6c
common——*
Co
International Uranium
17%
15% Apr
Feb
21 Va
Apr
17 Va
—
4
———100
46
Apr
%
25 4
Petroleum
22
__
A—
Co
13 Va
25 V®
22
25
—4
13%
25 V®
7 V®
—
common
935
12
-37
.
Apr
3c
,
Imperial
1,470
4
1
114 V®
10
common
International
47c
Duvay Gold Mines
43
International Metals class A
•
Ltd
28c
Jan
1
Mines
1,000
Jan
Mar
Feb
1,175
__
Jan
Feb
Jan
5,500
32c
50
11 %c
29c
18 Va
475
Apr
3 Vac
Apr
12
5c
43%
Feb
3 Va
3,500
3c
25c
23
6c
5% Mar
43
15 V®
Apr
12 Va
Mar
29c
Apr
20
Feb
4
43
73,250
25
10%
3VaC
Ingersoll
20
50
2,555
10%
4
Inglis
y®
5
10%
Jan
1
—
Mining & Smelting—^
Malartic
Jan
191®
16%
5
6c
10 Va
1
Mar
———*
Mines
Dulama
Jan
46c
10 Va
,
19%
65c
2414
•
Apr
5
Feb
10 '/a
—
16 V®
16 Va
5
13Vac
Jan
Mining
Kirkland Golden
Woollens
130
16 V®
_4
28c
51 Va
4
Jan
30c
51 Va
common
13c
14,000
12
—
*
Dominion Tar & Chemical
Dominion Textile common
Apr
8
Imperial Tobacco of Canada ordinary_5
25
Dominion Stores
7c
4% preferred
Industrial Acceptance
20
—"
—25
500
Apr
common—1
class
8V2C
Jan
2%
————————50
—
VaC
4
Jan
1
Steel—
Jan
1.63
♦
Foundry
Jan
9V2c
——
Joburke Gold
Dominion
65c
Jan
15c
700
"
Jan
10Vac
12,500
4
Mar
6c
Apr
28c
50
8c
58c
Jan
1514
10c
6,050
Apr
1.20
11,000
25c
20
8.VaC
Feb
Mar
2,500
6 V®c
25
Apr
59c
•
;;:12%
•"
31,600
7%c
25
8V4c
"
A.pr
60c
7,000
1814
Feb
3Apr
11
9 Vac
42,700
1834
3%c
—21c
7c
c
2514
— —,
50
Jan
Huron & Erie
1518
—4
-
1st preferred
21,400
11 Va
6c
57
Jan
25c
—35
1,000
29C
11%
39c
43c
•
„_
6c
21c
11
4
International
Dominion Dairies preferred
Dominion Electrohome
Dominion Fabrics common
6c
Feb
Mar
Apr
10
Jan
Jan
10c
Feb
25c
15%
-
Dominion Bank
10c
83c
Mar
Apr
1,000
2
Ltd
7c
Apr
6%c Mar
50c
32c
'25c
1
Seagrams
Mines
1,666
1,627
38c '
Hoyle
43c
7c
56e
Apr
Hugh
30c
614 c
53c
6%c
Mar
Feb
33c
Jan
Jan
19c
Jan
36c
3,000
12
30c
14c
35c
7 Vac
914 Mar-
6,525
-15c
36c
1
Yellowknife
Distillers
!
1
;
—
7c
Apr
24%c
48,100
Feb
1.63
280
9%
Mar
34c
Apr
6 34
10V2
15c
25c
8VaC
1.52
8 Va Mar
,;a
31c
7%C
6 Va c
814c
.
4,500
21 Vac
7 VaC 10 Vac
__
.1
Lake
Dickenson
1.63
1
Lake
Dexter Red
Dome
1
Nickel
Red
,4.50 Jan
■
21 VaC
4,000
19c
Jan
31c
15,500
8 V®
Feb
3c
•
'
Apr
'7V.C
„
23c
9c
17c
17c
Apr;:
—1
9c
8 Va
•
20
"
Apr
60c
—■-
——■.—
25c
,_-4
Ltd
Jan
Mines.——_———_^_1
Howey Gold
7%C
__
■17
-J
Mar
60c
Yellowknife
9c
•
Jan
c
8VaC
Dauch
Imperial
Detta
:
152%
—
Jan
25c
17%
*
*
Feb
8c
25
'■
.
!—1
—
Apr
1
Petroleum
—
12c
1
V,-.
10
-i—1
8c
12c
4,200
Mines
19e
1
Mines
1,666
Hudson
D'Aragon
VaC
65b
;
•
3.50 Mar
A,
-'
y
Apr
-
4c
IV2C
.—.100
1
-.s—
common
3,000
—
-.20
.1,000
4
-a
Paper
—_1
.
Coal
Patricia
50
8.500
-
9%
17
1
12c
21c
Apr ;
Feb >
X.i,...465 ;i -14%
4.00
1
1.20
1
Apr
10c
-
l%c
-1
Gold
Gold
12C
Mines
Apr
16c
■
Jan
Jan
240
150 151 Va
Apr
Apr-, '-80c
(38c.
•••
.3,000
-
4%c
4,00
i
—
Gold
Harricana
1.12
1
.
20
4c
114c
*
Hinde
——
13/^
9%
Mines
13,500
96
16
—1
—
10c
9c
-
15%
—
100
Mining
Crestaurum
,
96
100
Gas
Exploration
Cournor
9c
1
(16
20
Mines.
14c 1414 c
•
*
—.1,000
1
Harding Carpets
Heva
Consolidated Lebel Oro
•■^6,600
19C
12c
■
Jan
r
72C
2 >
43c
10 c
i
j
—
Jan
1.08
*
Mines
38c
.
16.%c
preferred
Gold
Hasaga
Consolidated Astoria
42c
57c
1
Ltd—
Swayze
1.00
1.00
Brass
Mines
Alabastine-—^——*!
&
Halliwell
72c
*
Lime
Halcrow
500
.
Gold
53c
1
—
____—
Jan
3,000
12,400
4V®e-
35 Vac 35VaC
?
Mines
c
Hahn
53c
—1
1--.
Mines—'.
Lake
1
,
5%c
*
Colomac
Lead
Jan
*13
/
,
—
Apr
Mar
3c
850
Jan
Feb
16
-■
Guayana Mines
Mar
2.43
3,240-
'
1
WiLlans
Coin Lake
5 Vac
15c
1.60
I
.—r
Uockshutt
Apr
•
Chromium
Citralam
5c
2.60
*
70c
7,300
"
5c
1
—_
72C
70c
'
1
Chesterville
Chimo Gold
Circle
70c
Mar
J
''
'
Jan
40
Feb
•■
Jan
16
Feb
r,720 V
.
17Vac
Apr
•38
3,500
„
High
VaC Apr
13%
?-275
,w
.
13
.
15
1,589
.
Chemical
1949
APRIL 29
ENDED
Friday
Range
Par
WEEK
Sales
Week's
Last
Sale Price
FOR
Monday, May 2,
MARKETS
LISTED
CANADIAN
CHRONICLE
FINANCIAL
it.'.
,jl2o
i-,:
:
v
Jan
' V
Jan
;714 Jan
7 Vac Mar
1.55
Jan
Feb
12
Jan
180
12% Mar
15
Apr
355
16%
Apr
18
Feb
11% Mar
14
Jan
38c
60c
Jan
130
3,735
Mar
&
COMMERCIAL
THE
Number 4799
169
Volume
APRIL
DED
of Prices 1
Sale Price
Shares
Low
Par
High
High
*
Corp
.
6
io %
10%
155
10
Mar
121/8
121/4
525
12%
271/2
275/8
260
27 %
161/2'-
16%
;
35c
OO
10c
7 %c
1.50
1.45
.:___i
—1
1
:
31c
75c
Feb
Oil
Gold
4c
Mar
Tech-Hughes Gold Mines
1
Thompson-Lundmark Gold Mines—1*
Tip Top Tailors
—
8c
Jan
51c
Feb
1.03
Apr
1,700
Apr
1.15
Jan
551/4
I,570
51
Mar
58%
20c
8,000
Mar
20c
Jan
2.60
13,310
.-L
•.
.
Mines.:
Mines
Pacific
"-7c
20,000
2,000
6c
Apr
-
Oil
Apr
Transcontinental
40c
Feb
6%c
7c
10,000
3%c
Feb
7%c
Apr
7
8Vi
3,125
6% Mar
1.62
:i.78
6,850
1.58 Mar
29c
32c
' 2.17'
13c
2.05
2.42
2,050
27c
13c 13 %c
1,500
12c
3%c
3%c
3,500
4%C
6,500
—
8c
\ 60c
12 Vic ,
8c
8c
7c
6.200
Feb
Jan
9c
Jan
65c
5,800
51c
Mar
13c
3,000
12c
Mar
18c
Apr
Jan
7c
6c
6c
4,500
2.40
2.40
2.50
16,745
43
42
43
1,000
1.20
1.20
1.31
5,500
1.00
18 Vic
17ViC
21c
24,800
12Vic
Jan
32c
8,200
73c
2,600
66c
81/4C
20.799
7c
—1'
class A
Regcourt
class
73c
75c
1,000
35c
Feb
44c
Jan
1,395
36% Apr
42%
Jan
1,500
70c
1.02
Jan
11%
1.55
53c
8c
12%
Jan
1.55
1.69
7,445
1.73
53c
500
46V2c Mar
53c
5 Vic
8 Vic
II,000
8 Vic
30c
64c
30c
41c
17,205
30c
Apr'
67c
67c
5,900
64c
Apr
1.04
54c
57c
1,500
45c
Jan
62c
Paper
14
2,260
13 %
Apr
17
84c
70c
Apr
84c
•
—
"Water
2.10
v(.
3%
106
14c
37c
2.10
500
2.10
."
Mines
;
Class B
For footnotes see page
44.
Apr
80c
Jan
Jan.
10%
Apr
14c
Jan
24%
Jan
B%
8,366
155
50
Mar
52
Feb
17
Jan
18
Apr
18
100
'
Mines________ _—____1
•
Mar
9c
1.91
2.94
Apr
1.91
2.00
10 %c
11c
3,250
1,500
6V2
7
150
6% Mar
7%
1.82
6.40
1.98
17c
Mar
10c
Jan
Jan
Jan
Jan
1.65
.
1.60
1.65
5,200
1.48 Mar
5.50
5.80
1,458
5.15 Mar
20
20
20
25c
25c
500
9.10
9.65
16,009
Jan
15%
Feb
25
25%
5,315
'
Apr
28 Vi
Jan
9 Vi
9%
10
9 Vi
Feb
11%
Jan
ioc
2,500
9 Vic
Apr
13Vic
Jan
715
22
Apr
"ZIIZI25
20
—
,
«>
9.25
25%
(G & W)—_
iHiram)
common
,
9 Vic
; >__
——
Grocers
:
9%
______
Wekusko Consol
A
—
22%
23 Vi
33
common
23%
33
*
Weston (George) common
2334
25
300
.
96%
lie 12 Vic
95%
1
Apr
28c
7 Vi c
95%
30%
;
Jan
Mar
Jan
8c
Electric
common..
Feb
Apr
Apr
100%
Jan
37c
Jan
6c
Feb
11c
Jan
6c
Feb
11 %c
Jan
Feb
37'A
Apr
6c
6%c
1,000
5,000
32 %
33%
1,533
27
98%
98%
98%
6c
Jan
351
25
Jan
Jan
95%
_—
•.
24
Mar
21
32%
1
—
Wingait Gold
8.75
29,200
lie
•
Winchester Larder
__
Wright-Hargreaves
100
Feb
100
19
Apr
20
Mar
2.45
3,285
:
Mines
30C 30 ViC
30c
1
1
74c
-
____-
79c
4 ViC
13,430
3,000
18c
'
2.52
Apr
38%c
Apr
Jan
'82c
4%C
Mar
6c
63c
.
Jan
Jan
2.10
17,600
74c
4 ViC
1
Mines
Girl
Apr
19
2.30
_
*
Bear
98
19
2.30
TIII100
39
19
_
_
Wool Combing
Yankee
21
25
50
7 Vic
::::::loo
Preferred
Preferred
Feb
23c
25
;
;L.
Wiltsey-Coghlan
18
_____
__—
Yellowknife
•""■
19% Mar
50%
__
Amulet
3%
York Knitting class
Apr
3%
V
A
r
Class B
6%
6%
195
6%
Feb
IIIIIIII*".
2%
2%
280
2%
Apr
Apr
Canadian
'V'/-".
■
Apr
V;"
■
1.95
3.75
Apr
Feb
Last
STOCKS-—
Low
Par
4%c Mar
5 Vic Mar
8c
Jan
Asbestos
29
75
30%
Feb
British Columbia Pulp &
17c
Apr
Mar
t—.—100
Brown Co common—
—
1
Preferred
j.
l—;
———100 •'
Canada and Dominion Sugar
*
Mar
29
14c
36c
15C
39.800
9c
Mar
40c
12,400
36c
Apr
50c
24%
Feb
26
6.65
21 Vic
20c
24c
108.100
5 Vic
6c
16%
16%
7c
7c
7%
7Va
5%c
^ —
5.85
6.70
Feb
Apr
Feb
Canadian
9c
8,500
5Vic
Apr
220
16%
Apr
500
7c
Apr
500
7
24c
Feb
-
">
10c
Apr
8c
Jan
12%
100
12%
Apr
14
Jan
78 Vi
78%
10
78 %
Apr
86
Jan
41
41%
600
39% Mar
43
''Apr
12%
41
4.05
14c
*
6
38c
?
.
24%
4.00
4.10
2,074
11 Vic
16c
166,100
6
6
30
38c
40c
24,600
24%
24%
1,060
-
1,26
1.28
500
1.45
1.97
176,554
3.80
Jan
16c
Mar
Apr
Foothills
Jan
Hayes Steel
International
:
;
21;
:
100
20
985
15% Mar
17%
17
17
370
15%
Feb
17
7.10
Feb
8.25
,
Apr
Minnesota
Apr
Pend
Apr
Reliance
7.95
53c
7.95
7.95
100
50c
53c
38.950
1
—*
40c
41c
5,000
32 %c
8%
8%
576
8%
Apr
9%
8%
6%
6%
5%
Apr
7%- Feb
6V4
841
38 Vic Mar
Feb
65c
48 %c Mar
Jan
Oil
Paper
Oil
Apr
Jan
common
&
——
—
common
Selections
Grain
Southmount Investment
Temiskaming Mining
Yukon Consol
—
155
Apr
156
Jan
Apr
4
Jan
Apr
103
Feb
2.70
*'
Feb
22%
Mar
32%
4.15
15
—
.
-*
—
7%c
_L_———1
-
—
49%
4.10
15
45c
4.30
15
45c
7%c 7%c
50c
50c
Apr
Jan
Mar
1.50 Mar
2
Jan
465
Feb
84
Mar
20
136
Jan
161.05
Apr
1,950
30
4,443
615
5
3% Mar
4
Apr
50
Feb
53
15%
Feb
18%
Apr
Apr
Feb
10
Apr
Mar
24
Apr
5'/a
20
31%
Jan
37%
'75
37
Feb
39
Apr
300
18
Apr
20
Jan
65
200
Apr
3.65
Jan
31%
2.50 Mar
Jan
26
Apr
3,240
48 Va
Feb
58
3,510
16 Va
Apr
22 %
Jan
4c
Apr
5c
Jan
75
*
51%
16Vi 17%
4c
4c
Apr
22
175
19% Mar
174
Jan
64
700
26
49%
16%
•<
30
10
2.70
26
.
84
19
150
10
22
37
—
39
2%
25
39
18 %,
—
•
*
—
—
Jan
15
845
32%
20%
174#
1.55
9'%
22
36%
39
18
10
22
—
—
Oreille
Jan
114
__
1
Paper
Ontario Paper.,—i
26
Apr
190
r
*
*
—
•
•
—
Feb
85
3,550
86
26
Jan
2.59
25
Lumber
Bridge
"1.60
Mar
•
____100
•
common
Preferred
Donnacona
23
.
20
174
1.50
1.50
common
Apr
49c
Apr
Steel
Dominion Glass
Apr
17%
V
Disher
Jan
38c
Apr
20Vi
32 %
—
20%
!
23'/a
100
80
80 81 Vi
161.00 161.05
3% ; j 3%
3%
Canadian Westinghouse
*'■
__
53
53
Consolidated Paper —__________—__* <16% .
16 17%
Vickers
Western
Dominion
Apr
1.45
*
♦
——100
—
1
High
Low
275
<
155
3
20
20'/a
a
"Preferred
Canadian
Apr
6%
6
,1.19 Mar
_—
Canadian Marconi
;
7c
17
20
Feb
4.50
20
20
Fairbanks-Morse
155
2%
84
155
2%
84
Range Since January 1
High
Jan
9%
Mar
__
i—
Preferred
JJan
.
18%. Jan
Paper com:
Canadian Industries common
Canadian
*
Sales
Shares
24V4 24V/2
85
85
_______—__
Preferred
Mar
for Week
of Prices
Jan
Corp
.7% Mar
.3
Funds
Week's
Range
Friday
Jan
v
Exchange^Curb Section
Toronto Stock
v' 9% Mar
Feb
*
—
90c
Apr
N__
Jan
1
1
Mines
Feb
40c
20
__
Waterous Ltd
Ymir
55c
2,000
18
2,000
890
17
Silverwood Dairies class A
Oils
Yellorex
58,950
__
Virginia Dare preferred
Winnipeg
Mar
12c
*
Canada
Class
Jan
20
11 Vie
Ventures Ltd
Western
12
Jan
50
13,100
14,741
——•
Silanco Mining
Silver Miller
4,067
Mar
18
5c
26
1.50
(Quebec)
10%
Feb
18
50%
6 Vi c
6.70
•
1
Voting trust certificates
Sigma
45c
Feb
Jan
11
25
5 Vic
6.45
—1
common.
90c
45c
1.25
168
.50
8c
25 Vi
1.28
_~L
•h
Jan
•
50c
————
76C
12c
Jan
156% Mar
80
29
5Vic
i
Shirriff's preferred
8%
35 z
*
Sherritt Gordon —
50
Jan
20
4%c
Power
&
'Sheep Creek Gold
520
18
Sale Price
——
JRouyn litd——
9
3%
4
—1
com—*
Sarnia .Bridge ___:
9
Feb
1.36
11,700
—
.
1
__1 "
Antonio Gold
11
8c
r
10%
Apr
1
:
5
69c
llVaC
Ti,
_
Jan
77c
99
pfd____
1st
1
preferred
162
Jan
Mar
87c
1.500
10,900
_______
Jan
13%
84c
13 V8
1
1
__——
9c
Feb
50c
Jan
64c
St
preferred
2,360
Feb
Apr
*
Lawrence Corp common
60c
21c
22
..
Jan
5 Vic Mar
'
10
4
_
Apr
76C
•
Apr
53c
'
1
Co
'Sick's Breweries
Jan
Jan
1
1
Shawinigan
38 %
Jan
11
Roybar Chibougamau
Rupununi Mines
Russell Industries common—.
Ryanor Mining ___:
—
Senator
37c
37
Jan
8c
13% Mar
73c
4
A
Lac
Mines
Jan
3.65
Mar
200
1
1
___.
Royal Bank
Roy a lite Oil
.
2.34
4c
210
■—4
_*
Sannorm
Feb
3.00 Mar
5,000
15
,
.
Reeves MacDonald
Lawrence
2.00
1,000
4c
11%
*
1
4
—____•
____________
Oils
5,96S
3.35
15
.
Quesabe Mines Ltd
Long
2.20
11%
1
Queenston Gold
Quemont Mining
Silk
__
2.10
1
—
—
Quebec Manitou
Gold
Jan
15%c Mar
16%
*'
—1 1
Quebec Labrador
Riverside
.
.—
Dome
Purdy Mica Mines
B
89c
>
Apr
1
1
Metals
Prospectors Airways
Quinte Milk
Jan
37c
37
———*
1
i._—___
1
—
Preston East
Jan
12c
4c
*
Corp
Apr
) Feb
42Vic
3.30
1
1
Powell Rouyn Gold common
San
3c
Feb
7c
Apr
Apr
24ViC Apr
Mar
_—i
Jan
18 Vi
18
1.40
Feb
1,500
70c
2nd
43
Jan
lc
Jan
3.05
Feb
2.02
36Vi
7,200
2.10
-8Vic
.10
162
Hill
Keno
Waite
Jan
—1
1
5,320
11
_
Steel
Walker
Apr
82,100
a
Resources
United Oils L.
Vulcan
Apr
-3.30
57c
•
Class B preferred
Upper
5%
Jan
21c
1.17
Jan
Feb
3.20
1.12
Feb
28 V*
4 Vi
•„;
18%
1.15
Jan
Apr
:36c
Apr
,13c
3.05
18c
Feb
1.90
1,72
...
Jan
1.27
18%
3.05
A____
A____
class A preferred
.United Fuel
United
..^1.46 Feb
2.54
class B-^r.v.—
United Corp
United
,
Apr
11%C
10%
Union Mining
Jan
9c
9c
Reef Gold
Jan
1.05
60c
12 ViC
7c
St
6% Mar
20c
70c
»•
Jan
Jan
1
2nd
Jan
8Vic
3,000"
lie
1
Roxana
Feb
6c
'
:
Roche
17c
6%c
Jan
5
Piccadilly Porcupine
Reno
Apr
'
'
10c
Jan
2.60
Mar
37c
River
125
18%
Gas
Union
-
Apr
4c
405
5%
5'/4
5%
Jan
53c
3%c Mar
4 ViC
4 Vic
9% Mar
1.95
Feb
1.11
35,500 "
-
1.71
Apr-
2ViC
Porcupine
5
■
Transvision-Television
8c
Porcupine Peninsular
5
6,850
.
45C
class
Feb
36c
Gold Mines
Finance
Apr
2Vic
Crow
28
26 Vi Mar
100
Works class
Iron
Traders
1.50
8c
Class.
Feb
24 Vic
1
1
Pioneer Gold
25c
110
Jan
60c
200
1
Pen-Rey
Perron Gold
500
1
Toronto General .Trusts
8.900
Cons Mines
Gold Mines
Paymaster
25c
1
—
31c
Malartic
Partanen
10,875
5%
Apr
Mar
6c
—
1.71
•
Ltd
Porcupine Mines
1.72
r
Torbrit Silver Mines
12c
47 Vic Mar
500
52c
•
Tubes
1.70
1.55
9c
Gold
Jan
13Vic
Mar
Tombill
Jan
3.75
2.45 Mar
*
—
__——
1.58
01
—
i_».
Toburn Gold
—1
1
Petroleum
Hershey
>
10c
8I/2C
7c
29c
"
1
1
1
1
Lake
/Eastern)
—
7c
" 7%
1.62
_*
1
1
100
1,500
Feb
118
Apr
5y8
5Va
;
27% c
__4
__—
Pacific
i.
Jan
7 V'eC
Jan
lie
Jan
1.70
6%c
Taylor (Pearson), common
2.51
.
1'
——
——
Western
Jan
96c
114
8 Vic
Apr
28
26c
4,500
Apr
5c
25c
/
1
Mar
75,610
Feb
1.55
—r
12c
*
Apr
86
1.35
.
5
114
Feb
•85"
Mar
81
v'
5%
Apr
Mar
-
.
145
~
^
Apr
15
1.58
___1
5,500
River
Feb
Apr
*,<
80c
Jan
13%
"10,500
—
Feb
5
9%
Feb
60c
9,000
1.40
114
22
6%C
— _TOO
Taku
1.71
._•
common
Gold
Pressed
L v*
30c
1
5 ViC
_100
Trusts
paid
Sudbury Contact
Sullivan Cons Mines _——1—
Sterling
Sylvanite Gold Mines
5c
6c ; 6 'Ac
1
1
5c
——
Jan
54
*
—
.83
1.37-
Jan
10% Mar
Jan
7%
295
83%
Jan
90c
,7c
150
1.35
*
Steeloy Mining
—__
Steep Rock Iron Mines-___~«._-— —1
Jan
1.00
-
14,300
15
82%
,
11c
he
;
75c
82%
82%
14c
52c
•
Lake
Power
*
'___
_v
25
>
Jan
Jan-
4 Va Mar
.25
70c
Jan
54C
Apr
7
20%
140
Jan
1.42
Apr
43c
720
9%
14%
—__
Canada common..
1.05
1,800
4%
70cv
'18c
76c
.
IIZi
*
_1
Bros
of
Toronto
Malartic
Gold
Omnitrans Exploration
Powell
——
Mar
97c
„1
Oils
Pickle
Stanley Uroc-K vi«M>e
Gold
Apr
'
4%
—
7 Vic Mar
4 Vic
lie
._1
O'Leary
Red
Jan '
6c
21
•
9 Vic Mar
.20c
2.54
Omega
Orenada
,
49c
9%
»
1,750
18c
-1
__
Mines—
Orange Crush
Jan
23c
Apr
23c
9%
»
_—__
16,500
18c
___.
Ogama-Rockland
Apr
46c
9%
20%
'
42,300
9c
54
Mines
Star
10c
3%c
Mar
3,500
-I,.- 8,300
46c
Mai;
Jan
13c
15c
9%
6c
8c
__i_.
Empire
Gold
Northland
4c
1.00
Inca
Pamour
Apr
51c
.
18,300
:> 2,000
11c
4c
'■
Northern Canada Mines
Pan
26c
5.199
7 Vic
Mines.
Mines ill.
Norseman
Page
Jan
Apr
1.12
——
Preferred
Jan
.
1:40 Mar
36c
1.05
1.09
III*
■_—
Starratt; Olsen
Co
Feb
<
<
13 Vac
III*
Tamblyn. Ltd common—,
Gold
Osulake
'■
3,525
59c
6c
Normetal Mining
Osisko
28c.
8c
Mines—
Norbenite .Malartic
Orlac
,
9c
2.35
4Vic Jan
4,933
5c
10c
___
_
Mines
Okalta
5,250
*
*
—
—
Preferred;
Steel
24c
36c
Mines
Stedman
Jan
33,400
32c
33
•
Feb
44c
24c
*
Brazeau
Jan
15c
Apr
23c
Apr
104
9%cMar
;
Jan
2.63
20c
23c
•
/,
5,424
130
9%c ll'/4c
5 'Ac
Oils
Nipissing Mines
O'Brien
«c
1.50
•
10c
-
Yellow.knife"
Nicholson
North
3,266
Jan
29
Mar
103
60
llo
,
58c
,
10c
■
North
Mar
23%
Feb
2.13
26c
58c
—1
—1
Merger
Thurbois
Northern
Standard Paving common
34
99%
86
97
—1
50
Norzone
Norpick
Stadacona
Jan
Jan
: 6,900
7%c
1
Mines—
Pacalta
Noranda
Apr
47c
Jan
Jan
Apr
23%
96%
Jan
17
'Feb
115
2.49
103V4 103%
1
:
New Rouyn
Nib
28%
Jan
Apr
25
28
•10c
Marlon Gold (
New
Springer Sturgeon
255 " ""20
207ft
V*
28
2.37 ;
2.37
103%
100
Newnorth Gold J.
New
'
.
'
_•
New. Jason
New
Sladen
Jan
standard, Radio class A
10
—_
Bidlamaque L
New GalUmet Mines
New
Feb
14
27 %
10
30
30
30
Malartic ——
11%
'
26%
96%
22%
96Ta
—1
Apr
33c
2,800
-
Jan
22% Mar
23%
Gold
High
30
26%
Too
—
:
Preferred
Siscoe
Low
26
370
26
•
Class B
Apr
15%
130
17
33c
-
*
class A____;
New
Goldvue
Jan
8
Feb
25c
Negus Mines —__—/_•
Neilson (Wm) preferred
New Alger
New
Jan
Mar
245
National Stem -oi»i*-~®ov4~Trust
12c
8c
7%
"
National
Jan
*/2
7
—
_20
__
Pipe
Sewer
73 Vi
Range Since January 1
High
26%
Simpson's Ltd Class A
South
_—________
National Petroleum
Feb
2,000
•
National Hosiery class B—
National
9%c
Jan
•
!
/_
Preferred
415
9%c
—o
Grocers1 common..:.—;
National
1,500
68
23%
5
common—1
Preferred
22%-
67 %•
—1
Mosher Long Lac_
National Drug
22
68
common.....
Jan
65
22
Montreal Locomotive
Moore
19%
Shares
Low
Par_,
•
for Week
of Prices
Sale Price
,v,
Range Since January 1
Low
Range
•
Last
STOCKS—
for Week
Sales
Week's
Friday
Range
Last
•
v
Sales
Week's
Friday
>«
43
'*
.
MARKETS
ED
STOCKS—
(1919)
FINANCIAL CHRONICLE
.
500
4,100
5
225
1,500
900
4.00
15
40c
Apr
Apr
Mar
6%c Mar
50c
Apr
6.70
Jan
Jan
15
Apr
45c
Apr
8c
Apr
79c
Jan
44
(1920)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday,; May 2,1949
OVER-THE-COUNTER SECURITIES
Quotations for Friday,
April
it,
29
Investing Companies
Mutual Funds—
Par
Aeronautical Securities
1
4.68
5.14
——ly-i
3.52
3.85
Affiliated
Amerex
Fund
Inc
Holding Corp
American
Business
Associated
series
10
Shares
Standard
Shares
Bid
27
1
8'A
Beneficial
Corp
Bond Inv
Tr
of
13.64
5Va
1%
3.28
l%s Oct.
1,
1950-1949—
99.30
3.17
3.50
l%s
1, 1952-1950—
1, 1953-1951—
1, 1955-1953—
98.20
98.28
1%S
99.6
99.14
l%s
Figures after decimal point represent
Ask
Federal Land Bank Bonds—
shares
Industries
2%
Petroleum
,.
Steel
3.83
lc
3.11
3.43
2%s Feb.
lc
3.36
2.86
3.34
*
91.41
85.22
1
18.67
20.18
10c
7.70
7.71
5
14.42
15.59
4.05
Invest
Corp
Investors
10c
6.92
23.09
15.70
17.20
3.85
11.74
1
12.93
14.13
12.68
13.61
1
7.85
8.49
6.54
7.15
4.85
Century Shares Trust
1
31.26
33.61
National
Investors
Chemical
1
12.46
13.48
National
Security
Inv
Fund
Fund
Christiana
Ltd
.
Securities
com—100 3,130
100
141
Preferred
Commonwealth
Delaware
Investment
146
5.72
1
12.83
14.02
1.33
1.46
Shares
Eaton
5.85
1
6.39
6.20
3.94
4.31
1
2.75
Balanced
1
Equity Fund Inc
Fidelity Fund Inc—
Financial
First
23.95
25.61
1
*
—,
15.62
16.70
20c
3.51
5
Industrial Fund
1-1
4.76
12.69
Trust
shares A—2
5.70
Capital Corp
1
44.11
47.43
General
Investors
1
4.56
5.46
5.98
6.22
6.82
4.89
Group Securities—
Agricultural shares
lc
shares
6.09
5.35
5.81
10.08
11.31
1
3.58
Indebtedness—
5.20
5.65
Electrical
6.50
7.05
Insurance stock
lc
5.67
6.16
Machinery
Electrical Equipment shares
lc
8.30
9.00
lc
4.20
4.57
6.68
7.25
equipment
9.46
1950
11 %s
Feb.
1.
1950
.0060
tl%sMar. 1,
1950
99.9957
.0057
100.0254
.0583
100.0232
.0365
100.0270
.0420
-
1950
tl%S Apr.
1949
100.0459
-
100.0307
.0472
-
99.9994
1949
Ask
-
4—
Bid
100.0531
.0713
.0337
1,
Due
•
Bid
Ask
6-
1-49
bl.45
1.25 ft
1.50 ft
4-
1-49
11-
7-
1-49
1-49
bl.50
bl.50
1.30 ft
1.55 ft
1.40ft
11-
3-
1-49
12-
1-48
8-
1-49
1-49
bl.50
bl.50
1.35 ft
1.50 ft
1.40 ft
5-
12-
2-49
12-
1-48
9-
1-49
1-49
bl.50
bl.50
1.35 ft
1.40ft
1.60%
1-
3-49
10-
3-49
bl.50
1.55 ft
1.40 ft
2-
1-49
11-
1-49
bl.50
1.40
Rate
:
Dated
-
1.55%
1,55
'
,
,
ft
1
'
'
1-49
4-
ft /
.
<
Due
>
1-
3-50
1-50
'
Bid
,
2-
5- 2-49
-
Ask
bl.50
V
v
1.40 ft
bl.55
"
'1.40 ft
■'
'
Oils
Merchandising
7.87
11.91
1
—
7.18
10.87
9.22
10.10
1
9.06
7.32
8.02
15.46
16.94-
10.33
11.32
6.48
United States
9.93
1
1
7.10
.
—lc
7.16
7.77
Pacific Coast Invest Fund—1
Industrial Machinery shares lc
Institutional bond shares—lc
6.24
6.77
8.94
9.39
Public Utility
Railroad
4.57
6.83
7.41
Railroad
1
5.79
—lc
5.31
5.77
Steel
1
7.29
7.99
Merchandising shares——lc
Mining shares—
lc
6.92
7.51
Tobacco
1
10.08
5
Treasury Bills
Ask
Bid
<
May
5, 1949
May 12, 1949
6.35
Low
Bid
5.01
Investing Company shares—lc
Ask
15
Priced
Petroleum
shares.
shares
shares
7.28
7.90
Petroleum
2.30
2.51
Putnam
Equipment shares——lc
RR
Bond
Railroad
stock
3.41
3.71
Republic
3.92
4.26
&
Trading
4.46
4.85
Fund
1
Russell
lc
Steel shares——
1
equipment
(Geo)
lc
shares
1
—
May
Investors
Fund
14.00
bl.15
Tobacco
shares
2.13
47.21
1.04%
June
1.06%
9.
1949
bl.17
June
1.06%
16,
bl.17
1.08%
1949—
47.21
9.59
10.38
18.82
19.92
Fund Inc (new asset
value).*
Selected Amer Shares
2%
4.62
5.15
5.59
—1
4.14
4.47
Shareholders Trust of Boston—1
Sovereign
10c
1.57
1.61
—5
19.13
20.68
State
Institutional
Aviation
Shares
Invest
Street
Co
1
Inc
7.75
Investment
Corp.*
Television Fund Inc..
Trusteed Industry Shares
Insurance Group shares——lc
8.49
71c
—lc
79c
1.00
,25c
11.39
12.48
1
Union Bond Fund series
Series B
I.10
lc
Stock and Bond Group
Investment Co of America
Series C
A
46
49
8.82
'
25.31
6.97
12.68
Union Preferred Stock Fund
Union Common Stock Fund
27.16
28.41
United Income Fund Shares
Wall Street
Investing Corp
18.27
7.64
12.41
17.16
70c
20.71
1
23.28
9.61
63c
1
Boston—_1
Investment
Trust
of
Keystone Custodian Funds-—
B-l
•
(Investment Bonds) —1
B-2 (Medium
Grade
Bds)—1
22.37
24.41
15-66
17.09
B-3
(Low
Priced
Bonds).—1
B-4
(Speculative
Bonds).—1
8.88
9.69
K-l (Income
14.86
16.21
K-2
pfd Stocks)—..1
(Appreciation pfd Stks)_l
19.40
B-l
(Quality
common
S-2
(Income
com
S-3
(Appreciation
S-4
(Low Priced
1
—
Fund
1
18.18
1
6.45
8.70
Unit
Stks)_l
24.68
26.92
13.25
14.46
Diversified
Stks)_l
10.14
II.07
Series
Stks)—1
4.18
Fund—
;—1
Loomis Sayles Mutual Fund—*.*
Loomls Sayles Second Fund—10
4.38
4.31
90.35
92.19
com
the
Bank
of
New
1
9.11
9.29
1
16.49
18.00
1
Knickerbocker
43.84
4.57
Inc
15.15
3.35
3.63
Type Trusts—
Trustee
2.50
6.31
7.30
1
2.11
2.41
1
3.33
Series 1955
Series 1956—
1
(White
Par
Aetna
Insurance
Aetna
Life
10
—
10
Agricultural
—25
—
Bid
84
50%
American Alliance
—10
23%
25
American
Automobile
—4
45%
American
Casualty
5
12'/a
14
American
American
Newark
2'/a
Re-Insurance
American
—lo
Surety
Automobile
Bankers
&
25
.10
*
Maryland Casualty
Shippers
General
Casualty
58
60%
38'4
41%
National
,
of
of
87
22
91
55%
36%
31%
58'%
.10
61
52%
33
35%
29%
New York
(J
78
81
Republic
5
16
17
com
10%
11%
30
33
15
85
89
31%
33
5
Standard Accident
„10
—
Hartford Steamboller
-10
-10
30
122 Va
35
32
126%
37
S
54
57
83
12%
30
.13%.
32
Central
Fire
U
Guarantee
Westchester Fire
Trust- 33%
Bank
&
Trust
76
200
.
78%
•
.100
173
180
.100
290
310
100
500
520
20
25
27
—10
Savings
31
33
31%'
33 y4
Co
National
Bank
City Bank
Bank
of
Detroit..—10
Farmers Deposit Natl Bank. .100
Mellon
Nat'l
Natl Bank
& Trust- .100
290
-A-
265
285
Trust
Bank
20
31 %
33 %
v
First
50%
United .States
National
San
40%
82
Bank
Natl
12%
67
—20
52%
A„12%
41%
Bank
%
55
85
Francisco
40%
62%
65%
12
7%
100
Trust
Portland
38 %
25
&
National
226
38%
25
Peoples First
44%
42%
48%
12%
;
1,290
220
Bank & Trust_17%
&
1,240
Bank of
Amer N T
&
S
...
43%,
8%
560
590
Recent
Arkansas
Security Issues
Bid
Pow
Columbia
&
Lt
Ask
102%
3y8S—_1978
103%
*.
~
Stocks—
Conn
Gas
lo
3%
33
4%
2
5%
.10
28%
10
83
100
4
10
2
Lt
50%
*■
100%
101
Kentucky Utilities 4%% pfd-100
101%
New
101%
Bid
52%
Ask
53%
102
Duke
Power
4 % %
2%s
1979
Elec
3
Pacific
_1978
England Power 3s
103
Ohio
Power
Potomac
Edison
___1
103
103%
3s 1979
103
103
1977
105
3s._1979
101
San
Diego Gas & El 3s—.1978
Wise
Electric
Power
Odd lot
103
no.';:
*
100%
121
pfd-100
103%
104%
pfd—100
103%
104%
4.40ft—100
107%
109
102%
ioa% v
Lighting 4.50 ft
pfd
Ser
(Colorado)
/
,
105%
101%*
.5 'A ft
Service
of
preferred
New
Mexico—
100
Tennessee Gas Transm's' Co—-
preferred
100
96
98
13%
14»A
'103%
Texas Eastern Transmission—*
101
101%
45%
32%
665
34%
50%
690
52%
57
60
73%
77%
20
21%
(not included in year's
range),
b Big yield price,
d Deferred delivery sales (not
range),
e Ex-interest.
fFlat price,
lc Admitted to listing on N. Y. Stock Ex¬
Admitted to trading N. Y. Curb,
r Cash sales
(not included in year's range),
t Ex-stock
dividend.
(Un) Admitted to Unlisted
Trading privileges,
wd When delivered,
wi When
issued,
x Ex
dividend. ' y Ex-rights,
z Ex-stock
dividend.
Included in year's
change.
n
*No par value.
tin
default; 1-
'
103'%
sale
27/8s__1979
>
1
4'A ft
*
93
108%
Potomac Edison 4.70%
1978
91
100
103 Va
Public
3%s—
100
pfd
Penna Pow & Lt 4.60ft
Pub
3s
100
103%
1978
(Wise)
preferred
Okla Gas & El 5'Aft
y8S—1978/ 102'/a ' "103%"
3s
99 %
England Gas & Elec—
35%
43%
pfd
53%
33%
$2.20
101%
6%
86
Par
Pow
System 3s„_1974
35
31
&
Commonwealth Edison 3s—1999
86
Fidelity & Guaranty Co__2
U S
S
10
10
Bonds—
a
Travelers
Trust
&
Pittsburgh
108
5
(N Y)
Ask
Detroit
95
lo
Marine—_12%
Seaboard Surety
lo
Security (New Haven)
10
Springfield Fire & Marine
10
U
Hanover Fire
8
90
St Paul Fire &
15
Harris
89%
20
Puolic Serv of Indiana
(Texas)
Bid
190,
Illinois
Bank
National
Northern
100
•
New
25
.
Par
'
»•
-
10%
26%
10
10
28%
National
National
100
City Bank
North States Pow
Reinsurance Corp
49%
86%
Co
York Trust
24%
5
Providence-Washington
•
34
Inc
Co
&
Louisiana Pow & Lt
Preferred Accident
•
Continental
First
54%
32
25
Trust
P)
Narragansett
Co
<
City Natl Bank & Trust
National
1001,250
15%
12 50
Indemnity
■
16%
45%
Northern
Pacific Fire
Pacific
1.10%
'
,
30
.—2.50
River
71%
47%
42%"
15%
14%
Northeastern
65
26%
,
28
43
Phoenix
5
40%
9%
52 %'
lo
5
_lo
Fire
33%
61%
10
;
31%
63%
_5
'
54%
5
2
Casualty
Hampshire Fire
'
■
28%
lo
67%
preferred
American—
26%
7%
60 Va
Falls
Globe & Republic:
Globe & Rutgers Fire
28%
27%
10
General Reinsurance Corp
26%
6%
National Union Fire
New Amsterdam
bl.17
Cleveland
22%
25%
new.10
Frisco
35
Industrial Bank of
Commerce_l0
14%
50
4
58
34%
•
—
Fund
20%
_10
Firemen's of Newark
Hartford Fire
67%
10
Phlla—
13%
20%
Casualty (Detroit)—lo
National Fire
.
30'A
5
Assurance
—
1.10%
109
5
91%
10
Fidelity & Deposit of Md
2nd
28%
65%
Life——10
Inc
Employees Group Assoc
Employers Reinsurance
Federal
Great
26%
86%
5
Conecticut
Fire
;
1.10%
1.10ft>
40%
278
Ask
47
14%
17%
North
Crum & Forster
Glens
1314
16%
1
common
Massachusetts Bonding
Merchant
bl.17
bl.17
bl.17
43
Prior preferred
lo
Convertible preferred—5
$1,05
Merchants & Mfrs
—10
Continental
Fireman's
21
—25
Fire
Fire Assn
19 Va
$2.10
105
—20
New
...
Camden
5
Fidelity & Casualty_5
American of
Boston
Assur
28%
—10
47%
American Equitable
5
64
Bid
33
38%
269
United States Trust
Par
Home
92V4
100
Title Guarantee
57'A
i v
:
Bank
Guaranty Trust
Public
52%
5 5'A
61
Trust
Sterling National
Ask
87
108%
89 %
1.180
National
Surety- --r-10
105%
100
New
&
&
—
1
40%
50
Empire Trust
Federation Bank
National
;
331
38%
16
Plains, N Y)
Manufacturers
Insurance Companies
316
10
Corn Exchange Bank &
Trust_20
County Trust Co
'
Morgan
Aetna Casualty
100
Trust
Irving Trust
Kings County Trust
Lawyers Trust
2.29
Ask
25%
b
Stamped
First
Independence Trust Shares
North Amer Trust Shares—•
44.73
'
York
Fiduciary Trust
Shares—
E
L08ft
Chicago
Brooklyn Trust
;
100
Central Hanover Bank & Trust
20
Chase National Bank
15
16.29
1
Bid
23%
Manhattan Co—10
Fifth Avenue
Bankers
9.45
Wisconsin Investment Co
Stocks).—1
1.0Rft
bl.17
.
of
tThese bonds
are
>
bl.17
:
York
Bank
Chemical Bank & Trust
_10
Commercial National Bank &
Trust Co
-20
Continental Bank & Trust—
5.75
1
Wellington Fund
Whitehall
•
21.17
com
Par
New
5.97;
91c*j
1
Investors Management Fund—1
'
'
_A-
Banks & Trust Companies
&
_lc
shares
5.45
B2c
10c
Ltd—
Group shares
Bank Group
Investors.
Standard
July 7, 1949
July 14, 1949—
July 21, 1949.—"
July 28, 1949
bl.16
bl.17
1949—:
27.24
4.25
Incorporated Investors
1.02%.
bl.16
1949
23,
30, 1949——'
2.34
25.33
lc
Income Foundation Fund
June
16.05
1
;—lc
Howe Plan Fund Inc
June
1.00%'
2,
-
Utility shares.
1.90ft
bl.16
1949.
May 26, 1949
11.05
_1
Berg Fund Inc—
Scudder, Stevens & Clark
19.
June
5.41
4.98
lc
shares:.——lc
Railroad
,
1,
10.37
1
1
Metals
Fully Administered shares—lc
:
Jan.
(cont)-
Dec. lo, 1949
10.92
Food
.
indebt
of
tl%s
3.92
9.96
Chemical
.
'.1673
1-48
1.60 ft
9.20
lc
bond
100.1491
1-48
7.79
10.66
lc
General
Maturity—
Certificates
-1%%
Dated
10.71
1
shares
shares
Price
Ask
9-
9.77
1
Building sharesshares—
121
10-
7.11'
Diversified Investment Fund_l
Diversified preferred stock
1
6.61
lc
_—:
100.7
119%
1961
1.65%
1
_
Chemical
'
Canal 3s
1.65 ft
1.65 ft
Corporate bond series
Diversified Industry
Trust
100.5
Issues
Federal Intermediate Credit Bank Debentures
Rate
1
Building supply
'Li
Aviation
9.10
1
1
Bank stock
6.56
Oeneral
Automobile
8.30
Automobile
13.91
Fundamental
14.76
Aviation
5.29
Fundamental Investors Inc—.2
100.7
3.42
13.76
1
York Stocks Inc—
Agriculture
22%
-
20,
100.4
100.5
3.42
New
1.85
20'/a
1950
Jan.
Ask
100.2
-
5.69
3.13
3.13
1
England Fund
tl%s Oct.
24.30
1.68
10
Corp——.
First Mutual Trust Fund
3.66
22.48
Inc_l
Boston
5.21
1
1
New
-
4.79
Speculative Series!
1
Fund
Stock Fund
Bid
1, 1949
3.01
4.38
of
$1'As June 1,
tl%S July 1,
6.78
.1
Howard—
&
Int. Rate
Treasury Notes—
tApril 1, 1950
Certificates
1
—
Dividend
1949
1949
tl%s
1
25c
Fund
Corp—_
Series—
1
5.26
22,
15,
U. S. Certificates of Indebtedness
Maturity—
3,280
1
Bid
July
101*30
Dollar
1
1
Canadian
point
Sept.
Panama
25.83
10.86
._
Fund
«•
Bullock Fund Ltd
a
7.58
i
1
Trust
2d
of
Banks—
4.01
1
Mass
Loan
Other
Nation-Wide Securities—
Street
101.22
32nds
more
Home
4.47
3.64
Mutual Invest Fund Inc
Broad
Manhattan Bond Fund Inc
Mass Investors
or
1.65s
.
3.69
lc
lc
America
Boston Fund Inc
one
Federal
Ask
100.2
3.16
3.47
lc
shares
Bid
3.71
lc
shares
Bowling Green Fund Inc
May
l%s Jan.
shares
Home Furnishings shares
Non-Ferrous Metals
Paper shares
14.83
4'/a
1
2.97
General
8%
7.24
1
——-.
Holdings Corp
lc
Business Equipment shares_lc
Electrical Equipment shares.lc
3.91
8 70
Bid
Automobile
-
2
Par
Managed Funds—
Oilstocks
A_.
('■
•
Obligations Of Government Agencies
Mutual Funds—
28'A
3.57
Axe-Houghton Fund Inc..*——1
Axe-Houghton Fund B
5
Blair
Ask
-
subject,itor all Federal .taxes.
COMMERCIAL &
THE
Number 4799
169
Volume
FINANCIAL CHRONICLE
(1921)
45
Week Ended April
THE COURSE OF BANK
CLEARINGS
show a decrease compared with a year ago.
Preliminary figures compiled by us, based upon telegraphic advices from the chief
cities of the country, indicate that for the week ended Saturday, April 30, clearings
for all cities of the United States from which it is possible to obtain weekly clear¬
ings will be 3.0% below those of the corresponding week last year. Our preliminary
total stands at $13,446,776,674 against $13,859,674,490 for the same week in 1948. At
this center there is a loss for the week ended Friday of 7.4%.
Our comparative
Bank clearings this week will
s'
1948
Inc.
1947
or
Dec. %
$
1946
S
•
Third Federal Reserve District—Philadelphia-
Pennsylvania—Altoona
<1,126,020
li,297,552
Bethlehem
725,807
930,434
Chester
1,377,355
Lancaster
3,002,128
1,125,045
3,538,247
1,010,000,000
Reading
3,574,053
Scranton
4,196,863
2,413,512
York
3,166,135
9,445,194
12,184,760
1,081,383,359
898,076
22.4
870,653
811,186
—15.2
2,929,206
2,339,064
7.3
809,000,000
865,000,000
2,486,331
,
,
„
Delaware—Wilmington
Total
(11 cities)
911,904
1,093,448
—22.0
2,988,386
4,728,413
Wilkes-Barre
+ 15.2
969,000,000
Philadelphia
New Jersey—Trenton
for the week follows:
summary
1949
*
■
+
+
921,502
+ 19.6
2,714,650
—11.2
3,535,340
2.9
2,034,356
4,405,915
—28.1
3,542,399
7,330,472
+ 28.8
5,963,751
7,854,738
7,672,365
+
58.8
6,598,535
13,918,767
1,005,331,628
+
7.6
839,130,414
902,247,962
—
2,557,333
3,724,049
,
1,958,933
2,250,486
Clearings—Returns by Telegraph
Week Ended April 30
Chicago
7.4
584,871,049
8.8
533,206)879
Philadelphia
J'
906,000,000
Boston
—
_
%
+
857,000,000
»
461,35:4,960
252,500,000
—
2.9
—
261,700,000
300,052,000
+
+
5.0
Cleveland
296,7^2,784
299,556,772
Baltimore
195,997,166
198,399,098
Ten cities,
Other cities,
five days
,
,
J
724,506,077
720,761,073
All cities, one day
2,503,995
11,497,000
Virginia—Huntington
Virginia—Norfolk
222,647,545
2.5
22,389,300
19,734,600
—
—12.4
4,574,786
+
3.3
5,646,800
3,128,697
4,744,346
306,817,211
+
17.1
257,359,411
246,796,253
873,345,571
+
4.6
722,939,372
634,000,515
South
3.1
—
0.5
District of
Total
2,164,371
0.2
—
2,094,831
9,249,000
7,453,000
0.1
106,762,593
82,630,377
+ 13.3
2,640,943
—12.0
73,695,360
218,047,485
73,666,131
0.1
186,126,226
55,029,085
2,555,536
176,574,715
53,706,548
405,531,592
429,977,545
5.7
361,972,218
325,015,007
14,732,613
66,325,368
238,000,000
4,179,639
3,688,474
+ 10.5
3,061,494
Carolina—Charleston
191,790,550
Maryland—Baltimore
3.0
2,508,091
10,1*54,000
122,898,646
2,703,192
+ 13.2
122,983,193
Richmond
—
$13,446,776,674 $13,859,374,490
Total all cities for week
132,503,899
274,727,666
Fifth Federal Reserve District—Richmond—
West
5.3
+ 6.9
$12,726,015,601 $13,135,168,413
Total all cities, five days
1.2
—
2,362,700,995
2,525,061,700
(7 cities)—.
152,105,638
3.5
0.9
—
$10,200,953,901 $10,772,467,418
live days
Total
4,415,175
0.5
+
—
6,594,012
913,730,584
Pennsylvania—Pittsburgh
5.0
282,211.637
4,546,531
6,809,217
359,375,000
Youngstown
3.5
315,067,000
—
31,788,100
5,189,482
" ' ""
Mansfield
296,354,551
Francisco
329,920,527
30,990,300
Columbus—12—
—13.2
6,135,771
3.9
7,236,372
185,799,867
318,395,498
Cincinnati
5.7
Pittsburgh
San
6,953,199
186,660.839
Ohio—Canton
Cleveland
475,002,945
265,436,790
230,469,787
City
Kansas
Fourth Federal Reserve District—Cleveland—
$7,248,237,127
$6,713,210,774
New York
%
1948
1949
Columbia—Washington—
(6 cities)
+
+
I
will appear
inasmuch as the week
ends Saturday, and the Saturday figures are not available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
In the elaborate detailed-statement, however, which we present further below
we are able to give final and complete results of the week
previous — the week
fending April 16. For that week there was a decrease of 5.0%, the aggregate of
clearings for the whole country having amounted to $13,753,638,439 against $14,482,105,612 in the same week in 1948. Outside of this city there was a gain of 2.9%, the
bank clearings at this center have recorded a decrease |of 12.6%. We group the cities
according to the Federal Reserve Districts in which they are located and from this
it appears that in the New York District (including this city) the totals show a loss
of 12.0% and in the Boston Reserve District of 4.2% but in the Philadelphia Reserve
District the totals show a gain of 7.6%. In the Cleveland Reserve Dsitrict the totals
are larger by 4.6% and in the Atlanta Reserve District by 8.7%, but in the Richmond
Reserve District the totals are smaller by 5.7%
The Chicago Reserve District has
to its credit an improvement of 7.6%, the St. Louis Reserve District of 3.5% and in
the Minneapolis Reserve District the totals are larger by 17.0%. In the Kansas City
Reserve District the totals register a decrease of 5.4%, in .the Dallas Reserve District
of 3.4% and in the San Francisco Reserve District of 5.4%.
covered by the foregoing
Complete and exact details for the week
I
week.
in our issue of next
We cannot furnish them today,
Sixth Federal Reserve District—Atlanta—
Tennessee—Knoxville
16,281,314
77,046,896
241,400,000
4,041,736
Nashville
Georgia—Atlanta
Augusta
i 004112
Macon
13,652,514
+
16.2
58,409,050
+
1.4
166,800,000
2,966,105
1,928,326
62,066,974
3.3
—
—13.1
■
In the following we
i
furnish
a summary
SUMMARY
Boston
7th
Louis
it
4
.—
'
^
if
.10
—
'Id
11th Dallas
We
now
add our
496,574,579
475,996,821
Seventh Federal Reserve
—11.1
1,303,823
2.1
8,224,944
7,597,271
—43.1
3,629,088
36,966,000
1,048,028
9,496,550
Grand Rapids
!
Lansing
4,713,172
6,327,727
57,031,000
6,712,112
t2,928,976
60,000,678
Indiana—Fort Wayne
Indianapolis
South Bend
Terre Haute
Wisconsin—Milwaukee
District—Boi
5.2
+ 15.3
3,166,202
25,290,131
12,121,125
837,814
623,939,666
2,956,699
8,970,532
41,430,918
2,875,698
22,614,447
8,503,581
23.4
3,525,859
+ 21.0
2,580,676
2,428,719
7.6
794,564,551
797,578,406
198,700,000
79,041,397
56,945,989
2,832,522
1,087,669
Illinois—Bloomingtoo
767,614,312
3,141,590
_
Decatur
11,640,373
Peoria
$
$
+
+
96,757,992
1,877,358
87,295,804
1,805,498
503,955,740
487,080,313
+
8.7
496,574,579
+
7.6'
794,564,551
797,578,406
503,955,740
487,080,313
+
3.5
418,724,379
338,851,138
339,280,303
+17.0
299,550,503
241,051,558
486,756,661
5.4
422,560,853
321,839,719
3.4
222,403,815
187,154,449
North Dakota—Fargo
570,682,072
South Dakota—Aberdeen
3,211,376
651,145,204
3,311,516
5.4
Montana—Billings
3,370,993
3,448,060
12,616,198,936
9,210,476
8,080,268
12,019,541,741
5,949,257,194
5,484,353,445
396,954,234
301,308,308
810,992,701
14,482,105,612
7,100,881,762
509,450,028
504,245,258
—12.0
6,280,475,825
7,317,535,981
.
839,180,414
;
Missouri—St.
Louis
Kentucky—Louisville
:
Total (4 cities)
"
—
—
5.0
—
,
2.9
+
city for the
1948
$
1947
Inc. or
'
1946
;
$
Dec. %
1,530,693
4,510,768
473,928,467
1,975,107
702,633
1,458,127
6,877,901
4,982,708
26,097,966
1,245,855
559,899,719
1,320,522
1,899,936
3.6
+
—14.0
4,087,347
.
1
;
3,590,070
5.0
434,075,502
433,950,189
—22.4
1,607,116
1,622,195
—
742,740
+} 7.4
+
8.0
818,179
1,705,583
78,528,550
86,231,687
1,336,909
1,890,880
2,515,565
1,756,130
New York
1,852,591
6,448,164,198
Jamestown__.
7,381,223,850
17,483,593
Rochester
:
Connecticut—Stamford
New Jersey—Montclair.
+
Northern New Jersey ..1
I
14,013,023
14,012,639
788,161
46,249,184
18.253,299
13,439,448
14,523,754
676,486
6,200,522
—
5.9
6,823,952
—
6.2
4,460,363
+
4.0
1,478,099
1,176,093
+
3.5
418,724,379
338,851,138
59,933,698
5,306,326
6,246,802
5,129,547
240,485,862
+ 14.6
210,379,249
96,762,705
71,803,115
+ 34.8
66,302,592
165,434,313
57,692,934
3,419,947
Minneapolis
6,005,120
—43.1
4,939,595
St. Paul
Helena
Total (7 cities)
391,482
♦450,000
Hastings
22,480,894
4.3
8,157,813
8,062,471
4-l
22,530,400
21,101,400
878,382
753,320
+
+
—
+
9.7/
0.8
509,450,028
504,245,258
10,420,378
10,784,893
23.5
2,348,086
1,806,755
8.9
77,116,867
60,688,445
—29.3
1,597,687
1,593,354
5.2
1,749,508
1,149,112
—12.6
6,070,284,547
7,131,845,491
—
4.2
+126.9
+
—
—
2,938,759
+ 14.0
2,553,390
7,307,371
4,407,522
1,951,254
1,774,635
5,644,643
339,280,603
+ 17.0
299,550,503
241,051,558
451,720
501,737
—13.3
—10.3
418,936
352,917
6,532,054
—11.2
5,062,331
4,415,270
2.7
106,530,707
76,839,552
+ 11.0
6,304,401
5,800,533
105,860,974
Omaha
108,839,571
6,744,319
Lincoln
6,078,207
10,915,563
12,069,485
315,787,970
337,540,044
10,271,220
11,021,976
1,893,520
Wichita
Missouri—Kansas
St.
3.1
2.8
City
Joseph.
_
Colorado—Colorado
_
+
—
City-
Tenth Federal Reserve District—Kansas
_
2,289,513
Springs
1,941,212
1,828,347
460,452,786
486,756,661
Pueblo—
Total
(10 cities)
4,532,202
20,611,460
Eleventh Federal Reserve
—
361,446
15,365,232
12,762,623
4.3
12,588,815
10,956,166
8,841,239
+ 16.5
615,598
6,021,781
6,678,005
244,465,624
Dallas
Fort Worth
250,401,000
20,348,769
4,767,000
24,554,091
5,622,000
4,285,990
9,767,222
'
Galveston
4,093,116
Wichita Falls
11,284,136
Louisiana—Shreveport
Total
(6 cities)
290,980,426
a.
7,539,953
6,912,332
6.4
283,462,525
218,914,216
6.8
10,045,369
6,130,113
+ 20.9
1,449,561
1,689,187
6.2
1,385,624
1,281,852
5.4
422,560,853
321,839,719
—
—
+
—
4,741,025
8,074,550
129,340,268
3,368,190
157,366,965
54,990,944
9,918,523
7,449,226
425,050,211
10,042,473
4,876,024
8,589,877
767,005,149
810,992,701
Pasadena
San Francisco
398,073,291
Oregon—Portland
Utah—Salt Lake
City
California—Long Beach
San
301,308,308
10,412,121
Jose
Santa Barbara
5,834,258
5,936,566
2.4
182,283,000
—17.1
20,303,882
151,523,000
15,877,469
—15.2
—
9.8
—
4.2
Stockton
Total
(10 cities)
Grand Total
+
9.5
34,829,594
33*957,444
53,715,240
+
3:2
42,603,347
45,019,194
6,714,249,545 -17,631,225/450 J. —12.0
" 6,280,475,825
7,317,535,981
(111 cities)
Outside New York
in totals.
available.
tNot Included
JNot
-
-
4,151,000
4.5
4,296,000
2,643,514
+ 15.5
7,043,161
7,190,736
3.4
222,403,815
187,154,449
96,302,152
86,192,739
—
—
2,475,678
Francisco—
109,945,210
3,060,408
146,078,198
62,468,985
14,299,502
9,851,859
Washington—Seattle
666,509
+
—
••
5,029.230
9.6
—
—15.0
—
—
9.1
2,812,500
2,773,800
7.2
100,647,142
43,692,257
8,484,788
37,890,143
6,429,670
334,736,431
+ 13.6
+ 44.2
—
6.3
6,519,970
371,884,051
+
+ 32.3
13,753,638,439
14,482,105,612
7,305,474,241
7,100,881,762
76,266,778
8,563,743
3.7
9,749,758
7,885,447
—
2.8
—
6.0
3,206,742
7,845,844
4.163.660
5.779.661
8,420,922
3.5
_
275,050
District—Dallas-
Texas—Austin
Yakima
42,246,810
-55,455,180
98,881,582
73,764,698
275,572,271
Minnesota—Duluth
Twelfth Federal Reserve District—San
14,656,040
244,600,000
1,682,728
District—New York—
33,354,706
3,107,272
1.5
2.8
+ 10.8
4,146,257
Kansas—Topeka
1—
536,504,866
Elmira
3,312,705
>
Week Ended April 23
1,256,323
—
9,094,689
—15.1
Nebraska—Fremont
Hampshire—Manchester—I
Buffalo
2,112,444
District—Minneapolis—
Ninth Federal Reserve
showing the figures for each
10,783,794
Binghamton
947,673
648,367,654
475,996,821
912,440,568
25,805,700
New York—Albany
+
117,879,011
644.466,545
11,248,759
Reserve
+ 32.6
280,100,000
429,977,545
24,748,600
Total (12 cities)
7.2
+
121,120,390
325,015,007
Rhode Island—Providence——
1
0.5
—
284,200,000
361,972,218
28,619,373
New Haven
4.2
+
5.7
4,672,243
'
+ 19.3
—
912,440,568
982,092,426
—
6,468,783
Connecticut—Hartford
—
3,528,814
Eighth Federal Reserve District—St. Louis—
4.2
—
-
Worcester
+
3,412,155
1946
873,345.571
1,574,162
—
Springfield
Total (12 cities
t
40,090,429
Illinois—Quincy
754,937
!
.Newark
t
5.4
—
t
Tennessee—Memphis
1,533,019
;
Syracuse
6,031,065
4,636,776
634,000,515
3,878,706
—
Fall River
•
41,164,000
902,247,962
$
1—
Federal
0.1
+ 22.8
3,426,030
Sioux City
756,550
+ 11.3
6,334,206
5,362,377
Des Moines
—
5,111,137
4,644,738
722,939,372
450,163,580
Second
1,178,483
9,700,925
8,287,573
46,438,000
-
3,771,695
23,896,349
12,961,324
1,093,007
716,161,830
*
2,368,726
10,092,753
4,346,121
3,574,437
28,496,427
12,419,944
Iowa—Cedar Rapids
Chicago
73,371,089
5,581,531
District—Chicago—
Michigan—Ann Arbor
4.6
detailed statement
Maine—Bangor„_
New
8.7
7.6
1,586,381
New Bedford
+
+
;
First Federal Reserve
Lowell
644,466,545
+
1949
>
700,797,732
Total (10-cities)
1,005,331,628
April 23 for four years:
; Portland
111,672,399
1,081,383,359
7,305,474,241
City.—
Clearings at—
111,586,829
7,631,225,450
13,753,638,439
111 cities
week ended
215,800
4.6
Total (16 cities)
Dec. %
767,005,149
Francisco
Total
Outside New York
212,361
+
$
290,980.426
11
12th San
2.6
126,104,376
Springfield
;
1947
Inc. or
—
,
0.3
+
131,919,120
Orleans
460,452,786
'
i«
7
—
——
City
10th Kansas,
Louisiana—New
396,954,234
««
16
Minneapolis
9th
—
313,037
982,092,426
d«
.—10
--
Chicago
8th St.
6,184,423
321,261
Mobile
Mississippi—Vicksburg
559,899,719
913,730,584
id
6
Richmond .J.
5th
6,168,022
Alabama—Birmingham
700,797,732
'
Cleveland—
6th Atlanta —:
14.3
405,531,592
u
—ii
<1
4th
+
6,714,249,545
<1
.—12
3rd Philadelphia
95,380,608
Rockford
CLEARINGS
1948
24.4
$
—
2nd New York—
BANK
Districts:
(i*
+
111', 392,092
—
v
89,558,007
109,022,979
Florida—Jacksonville
536,504,866
Districts
Federal Reserve
1st
OF
1949
Week Ended April 23
by Federal Reserve
13,023,191
53,102,582
156,800,000
2,654,140
1,762,262.
73,808,054
58,828,456
4,131,937
—
—
5.4
651,145,204
570,682,072
5.0
12,019,541,741
12,616,198,936
5,949,257,194
5,484,353,445
+ 2.9
46
Monday, May 2, 1949
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(1922)
Company and Issue—
Foreign Exchange Rates
give below a record for the week just passed:
CERTIFIED
RATES
EXCHANGE
FOREIGN
1949
In
United
Value
Unit
Monetary
Noon
States
••
1st
.
Apr. 23
Apr. 22
.
Argentina, peso—
For "regular" products
For "non-regular" products
$
$
$
Australia, pound
.251247'
.200000°
.200000°
3.212313
Closed
Foreign "bank notes" account
.022750
.022750
.022750
.021625
.021650
.054406
.054406
.054406
.054406
l.COOOOO
1.000000
.935625
.935625
.935625
.937265
.941484
.301166
.301166
.020060
.020060
.020060
.208535
.208535
4,031484
4.030000
4.030781
England, pound sterling-.
France
.
Closed
...
1'
.004671°
.004671°
.004671°
.003109°
.003103°
.003032°
.003035°
.003037°
—
New Zealand, pound
Philippine Islands, peso—
—
Bweden, krona
♦Nominal
rate.
depends
type
upon
(In
of
thousands
3.991336
.201580
.201580
.497240
,040325
'
.040328
.472166
.472166
.278228
.233629
.233629
4.007500
.658300°$
for
F.
20,001
608,282
fund
17
gold ctf. reserves
23,092,715
286,269
——
advances
and
265,970
loans
.588223°$
.588223°$
+
,.19,984
•>
+
.561799°$
.561799°$
.531909°$
.531909°$
.531909°$
States
—
W',
Govt,
S.
Bills
Certificates
—
6,940.979
-
Notes
8,905,300
—
29,000
U.
securities.
S. Govt,
+
—3,162,979
+ 2,681,436
—1,571,100
+ 2,820,833
384,600
—
Bonds
Total
25,157
4,977,222
■;
21,208,101
83,800
—
Oil
79,957
—
2+4%
ref. mtge.
increased
convertible
Silk
Real
$
1
1492
bonds, ser. C, due 1973——Jun 17
1821
Co.,
Due
loans
from
P. R.
Notes
49
other banks
of
119,945
Items
2,379.084
premises..
Other
267,204
21,474,76G
foreign banks
Uncollected
Bank
securities..
and
$50,000,000.
of the assets
first
we
which
32,481
—
170,785
assets
4,014
+
banks follows:
City, and
and
3(4%
+
Date
debentures,
this
in
+
5,167
Loans
16.413
+
Total
assets.
—
47.556.094
794,416
+
Investment*—total
and
7%
issue.
Then
Investment
Loans
notes—
23,265,340
—
,
<
33,435
chasing
Other
U.
Member
8.
bank—reserve
Treasurer
19,020,161
acct.
gen.
—
acct.
1,146,439
377,405
—
+
92,713
+
38 907
—
587,708
.
Other
11,975
+
+
10,679
+
Other
200,942
505,112
Foreign
—
35,842
Total
deposits
21,259,420
Deferred availability items^
2,148,801
Other liab., Incl. accrued divs.
15,180
Total
liabilities—
285,988
—
1,375
+
799,967
46,688.741
2,273
—
+
Government
U.
S.
for
7).
Surplus
13b)
Other
204,334
(Section
capital
—.
—
+
55
+
6,344
+
466,711
18,522
27,543
accounts—
168.765
+
<
5,496
+
■
85,604
Other
Cash
+
662
+
221
+
800
—
243
+
2
obligations
2,183
337
5
26
3,352
+
—
,Total liabilities & cap. accts. 47.556,094
+
—
794,416
+
1,811,937
gold
to
serves,
note
certificate re¬
deposit and F. R.
liabilities
combined
Demand
Contingent liability
ances
purchased
on
for
trial
to
1
—
—
+
28
70
+
_
9
Banks
2,028
0.4%
0.6%
+
foreign
Government
deposits
53
+
.
2,030
Debits to
+
l 903
35
—
—
+
Interbank
2,525
197
5,201
during
'
U.
S.
241
485
—
21
+
+
96
Associated
1
Govt,
6%
1st
7%
accounts,
Avco
30,
1948, Individual loan Items
1.e., before deduction of valuation
Condition Statement of Member Banks
The
banks
condition
of
the
statement of weekly
reporting member
Reserve System in
Federal
leading cities
shows the
following principal changes for the week end¬
ed April 20: Decreases of $243,000,000 in
commercial, in¬
dustrial, and agricultural loans, $272,000,000 in United
States Government deposits and
$429,000,000 in demand
deposits credited to domestic banks, and increases of
$521,000,000 in demand deposits adjusted and $201,000,000
in borrowings.
!
Commercial,
creased
in
all
industrial,
districts;
and
agricultural
loans
de¬
the
principal decreases were
$133,000,000 in New York City, $32,000,000 in the San
reported.
Year-ago
District. $22,000,000 in the
Chicago District,
$12,000,000 in the Cleveland District.
Loans to
brokers and dealers for
purchasing or carrying United
instead of
figures have been adjusted
to
a
reported
net
as
gross
$4.50
gross,
6-10
5-31
37(/2c
—
6-15
6-
1
37(40
6-15
6-
1
$1
6-15
6-
1
30c
5-16
4-29
Sanitary
'
25c
$1.75
(N. Y.)
(quar.)_
(quar.)—
Corp.
Co.
30c
1214c
(quar.)
Development Co.,
Barber
Beacon
Body
Mfg. Co.,
5-10
6-
1
5-21
|l5c
6-
1
5-10
i$l
7-
8
75c
6-
1
5-10
6-15
5-18
Ltd.-
(quar.)
1
Bell
Below will
be found
preferred
and
including
1
5-
9
6-15
6-
1
6-15
6-
1
Bessemer
a
list
of corporate
stocks called for
bonds, notes,
redemption,
called under sinking fund provisions.
The date indicates the
redemption or last date for mak¬
ing tenders, and the
the
current
the details
page number gives the location in
(except where indicated) in which
given in the "Chronicle."
volume
were
NOTICES
Company and Issue—
OF
1
5-13
$1.50
1
5-13
(quar.)
$1,75
(irreg.)——_
(month.y)_
15c
6%
Associates, Inc., common
American Superpower,
Corp.,
stock
sleek—
Common
.
-
4%
7%
Bibb
(N.
Y.)
iquar.i
2
4-15
5-
2
50c
_
—May 10
May ,2+
,
*
(quar.)——
5-14
5-15
5-10
5-16
25c
6-
1
$$1.50
—
7-
2
5-31
$$1.75
7-
2
5-31
1
;:5-i4
12%e
6-
.]
$1.06(4
6-
1
5-14
!>5c
6-
1
5-18
(quar.)_
Co.—
6-20
7-
1
50c
7-
1
6-20
60c
6-
1
5-
9
$1.75
7-
1
6-
3
5Cc
7-
1
6-20
7-
1
$5C
5-16
50c
Corp.,
(quar.)
Co.
common.
,
______"
„■
(quar.)
_
Extra
Ltd.
(initial")_—1——II—I
Bigelow-Sanford Carpet,
preferred
2
60c
& Light, com.
(quar.)— -
6-
1
5-13
6-
1
5-13
(quar.)
(quar.)
Power
6-20
5-
$7 50
common
(quar.)
5-20
30c
6-
1
si 05
6-
1
5-20
(quar.);-.^—.
$1.35
Tobacco
(quar,)._—
r..
25c
Company <interim quar.ri__——60c
6-
1
5-20
preferred
S±°'i
Bros.
Bloch
5-25
1
$1.50
(quar,)—___.
Cement
6-10
6-
£0c
preferred
Borden
4-22
25c
20c
common
Manufacturing
Page
9
4-15
5-
(quar.)—_
Steel
Bickle-Seagrave,
6%
5-
2
(quar.)
preferred
&
5-13
1
0-
.
(irreg.)
preferred
Bethelehem
$4.20
Date
preference
Co.,
6-
b-27
8c
$1.12
______
(s-a)
Limestone
Hills
TENDERS
.
Air
Howell
6-
6-
4(4% .preferred (quar.)
Berkhsire Fine Spinning Associates
those
common
&
1
9334c
40c
—
——
Notices
6-
$1
.___
Beaunit Mills, Inc.———
Beiding Corticelli, Ltd., common——
7%
preferred
(quar.)
Redemption Calls and Sinking Funds
4-25
1
6-
Company
Co.
5-13
2
6-
40c
common
H.)
5-31
,30c
——
(quar.)_
Commercial Corp.
(W.
5
5-
5-
62+2C
common
3
5-20
1
5-16
75c
___
pfd.
6-
6-24
6-
25c
(quar.)
preferred
Bankers
previously
basis.
1
common (quar.)__
(quar.)_____
2nd preferred
Batavia
Francisco
find
reserves,
are
A
Dry Goods,
preferred
Mills,
3
5-13
Manufacturing Corp.
Avondalc
3
6-
(quar.)——
preferred (quar.)—;
3.75%
9
5-20
20c
class
Standard
partic.
5-
6-
lOc
preferred
34
+261
1
(quar.)—
Bottle
$3
6-
6-15
—
Steel
4%
21,026
tBeginning June
Razor
Corp._
Cork Co.,
2
4
5-31
Armstrong
+
4-20
5-
6-
9
6-
Armco
—
5-12
6-15
Arden
429
1
6-10
960
272
6-20
6-
75c
416
—
7-20
$1.25
+
—
6-25
5-
__
_________
Thermos
4
(quar,)_
pfd.
(quar.)__.
Co.,
5-28
4-30
1
&
Tobacco Co.
deposit accounts, except
and
(quar.)
common
Farms
6-15
40c
—
26
6-15
6-30
common
6%
Co...
Safety
6-30
$1.25
Co.,
Re-Insurance Co.
American
5-23
5-
$1
_____4.——
A
American
5-14
5-14
25c
Chemical,
_
Radiator
Holder<
1
6-
6-15
75c
(monthly)
Foundry Co.—
&
&
preferred
When
Payable of Rec.
5-14
—'
Products
American
-
5
8,093
week
when
5-16
(quar.)
243
521
+
421
week
8c
Ampco Metal, 6% conv preferred (s-a)
Anglo-Canadian Telephone, class A (quar.)_
218
+
—
in
$1.25
(quar.)
Leather,
Pulley
Corp.,
7%
32
+
1,381
demand
table
37+2C
prelerred
preferred series
American
common
(irreg.)
—
American
l',668
—
1,51G
banks
1491
1
25c
;
______
Cable
&
Hide &
American
854
48
15,172
Interbank demand deposits:
Domestic banks
Borrowings
—
indus¬
loans—.—
S.
Co.
Potash
640
50
+
45,758
Government
1339
3.50c
Anglo-Newfoundland
adjusted
except
1
25c
(quar.)
_.
Machine
$4
$50c
(quar.)
Company
Ltd.
convertible
Class B
j i23
146
+
—
14,253
772
deposits
S.)
American
2 877
—
—
vault
deposits,
Foreign
5,464
make
'
+
accept¬
correspondents
Commitments
U.
51.9%
in the
(quar.)
American Home
225
971
Balances with domestic banks
Time
of
Co.
Arch
155
1(667
4,363
Reserve
'
24
25,423
Federal
(A.
American
64
4,705
securities
May
second
100%
(quar.)
Chain
+410
+
Co.
84
—
e
—
32 766
§1591
July
a
preferred (s-a)
Engineering Co,
American
igo
225
securities—total
1454
1
50c
Corp.
American
88
+
4,079
loans
In
Aloe
37s
+
+88
426
1
Jun
previously announced, bu1
Department"
Stores Corp., common
preferred (quar.)
4%
5%.
+
570
banks
with
Kid
Allied
Liabilities-
Ratio
follow with
dividend)
Mfg.
Radio
Aluminium,
gOl
securities
Government
Reserve
—
securities
.
Capital Accounts—
171
220
pur¬
Treasury billsTreasury certificates of indebtedness
Treasury notes
1,701,467
+
D.)
American
dealers
Jun
t241Q
167.
-
preferred
Allied
24,443
U.S. bonds
Capital paid in
©urplus (Section
stock
§Vol.
166.
Share
Ltd., $1
(stock
(J.
Aircraft
+
purchasing or carrying:
Government obligations
S.
Loans to
Other
5%
1948
loans for
Other
112,289
—
1949
and agricultural
'Real estate loans
+ 2,174,744
481,919
—
preferred
IVol.
we
News
Co
Aetna-Standard
carrying:
or
S.
U.
/
and
brokers
1,976,867
Deposits:
U,
to
Steel
W.ire
Apr. 21,
14,300
358,715
—
l
May 25
_
Per
Adams
61,271
loans
Reserve
1962—
Name of Company
Acme
24,142
—
Loans—grosst
Commercial, Industrial,
1,811,937
LiabilitiesFederal
due
show the dividends
Acme Glove Works
(in millions of dollars)
Loans—net
__
Apr. 13,
1949
Assets—
Page
July
are
week.
we
Acme
Apr. 20,
208
—
CALLED
The dividends announced this week are:
Dec. (—) Since
133,100
—
323
ISSUE
declared.
.,
9,146
+
559,161
—
July
which have not yet been paid. Further details and rec¬
ord of past dividend payments in
many cases are given
under the company name in our "General
Corporation
and liabilities of reporting
45
■
—
preferred stock
grouped in two separate tables. In the
bring together all the dividends announced the
current
adjusted
773,984
+
—
$3.75
DIVIDENDS
Dividends
Inc. (+ > or
Total
1491
1
Hosiery Mills, Inc.,
♦Announcement
increased $389,000,000 in
City, $100,000,000 in Chicago, and $71,000,000
summary
member
—Jun
debs., series A, due 2024
Telephone & Telegraph Co.—
1st mortgage 5s, series A, due 1952Ohio
Power
Co., 6%
debenture bonds, due 2024
Peoples Brewing Co. of Trenton—
1st mortgage extended bonds, due 1953
Public Service Co. of Indiana, Inc.—
Borrowings increased $214,000,000 in New York City
in most of the-other districts.
768,190
+
1968—1
and by smaller amounts
A
1
May
due
Company and Issue—
banks decreased in all districts.
domestic
securities:
1970—
bonds,
Appalachian Power Co., 6%
decreased $49,000,000 in the Dallas District. United States
Government deposits and demand deposits credited to
1,451
•
due
3%
'
U.
1568
New England
;,
in the New York District outside of New York
-
7,245
+
22
695
—
37,403
—
bonds
Government
deposits
New York
1,183,150
+
-
2.461
187,225
—
line
ENTIRE
.588223°$
.561799°$
Demand
22,113
—
-
1490
1339
1
Co.—
.658300°$
Holdings of "other securities" decreased $48,000,000.
1,205,263
+
R.
notes
cash—
United
$
$
$
1
1
May
_Jun
Co.—
bonds,
Associated
1st lien &
Holdings of Treasury bills increased $85,000,000 in New
York City and decreased $69,000,000 in Chicago; the net
increase at all reporting member banks was $28,000,000.
Holdings of Treasury certificates of indebtedness de¬
creased $78,000,000 in New York City and a total of $70,000;000 at all reporting member banks. Holdings of
de-
Gas
Gas
1954
1566
4.007500
.658300°$
1672
4
Virginian Ry.—
.233629
4.007500
.658300°t
Water
6% bonds, due
preferred stock-—
4%
3(4%
Natural
mortgage pipe
Tide
.278228
1st mtge.
Co.,
California
mortgage
1st
.472166
.278228
000.000, largely in New York City.
1948
22,484,433
1st
Southern
.497240
.040328
.497240
Southern
States Government and other securities increased $425,-
Apr. 28,
1949
1949
;
certificates
or
Apr. 20,
Apr 27,
Assets—
Industrial
3.990813
.201580
.531909°$
(—) since
crease
Total
3.990090
.561799°t
dollars)
Increase ( + )
.
Discounts
Sherwin-Williams
.233629
Reserve Banks Combined
Other
Roberts & Oake, Inc.,
.376383
4.007500
.
Closed
Statement of Condition of the 12 Federal
Redemption
.301678
.140168
.376457.
merchandise.
of
—May 15
Ref mtge.
.140563
.472136
.531909 T
tApplication
3(4s, series A, due 1961
Water & Power Co.—
.301678
.278228
.J.
—
1454
1671
.376471
.588223°t
Uruguay, peso—*
1
1958
1960—_—
.143359
.040325
^23 r
-
Pennsylvania
due
.301678
.497240
Uruguay, peso
——
May
_——May 16
1008
Co.—
.201580
-2336^9
—
1336
3.991542
Closed
Union of South Africa, pound
Uruguay, peso
1
.301678
-^2-8
Switzerland, franc__~
Jun
.143392
.040325
-472166
Portugal, escudo
Btraits Settlement, dollar
1666
.376500
3.990193
.201580
.497240
---
Norway, krone
—May 12
May
1
and collat. trust bds., 3+4% ser., due 1964_May
Pittsburgh Steel Co., 1st mtge. 4(4% bonds, due 1958
May
.301678
.143400
,376637
India, Dominion of, rupee
Mexico, peso
Netherlands, guilder——
.004671°'
1451
1
Co.—
Power
1st mortgage
——
Uruguay, peso
England
,
004671°
-
Free
©old
New
»1
(Metropolitan), franc—
Official
Fibre
debentures,
4(4%
15-year
4.031250
1
.__Jun.
Transfer Ry.—
Vulcanized
National
1559
Co.—
mortgage 3%% bonds, dated 1936
Morrell (John) & Co., 3% debentures, due
.208555
.301166
Depot
1st
.020060
.208535
—
Czechoslovakia, koruna
1
mortgage
Minnesota
.301166
.301166
.020060
.208535
4.030312
Ceylon, rupee
Denmark, krone
1442
1777
1
—
3%% oonds, due 1965
Francisco Sugar Co.—
20-ycar 6% collateral trust bonds, due 1956
Lake Placid Co.. 2nd mtge. 3% bonds, due 1972
1.000000
Free
,
due 1961
—
—Jun
Rubber Co., 20-yr. 3% debs., due 1961_May
3',4s,
Union
Street
1st
Canada, dollar—
Official
1441
1661
mortgage 3(4% series C bonds, due 1975_May
Power Corp.—
mortgage
Fort
05440G
1.000000
,
1
York
New
Firestone Tire &
.021600
1.000000
Brazil, cruzeiro
1st
.022750
.021525
May
.-May 15
A and B, clue 1974—
ser.
Co.—
Power
1st and gen.
Eastern
3.212150
3.211733
3.21115C
Page
Inc., 5%
Connecticut
.251247°
,200000°
.022750
.021525
-
_
.251247°
.200000°
3.211233
——
Belgium, franc
.297733°
.251247°
.200000°
,
Date
.
33/4S,
mortgage
B/G Foods,
.297733°
.297733°
.297733°
.297733°
.251247°
For certain industrial products
3
due 1963
May 1
debentures, dated 1945-.— —_—uMay 25
Clyde Porcelain Steel Corp., 5+2%. conv. bds., due 1968__May 10
Apr. 28
$
$
$
.
"
due 1967
Air Line Ry.—
& Charlotte
Atlanta
-Apr. 27
Apr. 26
Apr. 25
i.
1560
RR.—
bonds,
3 V2 %
mtge,
1st
,
Southern
Great
mortgage 3(4 % bonds, series A,
Aluminum Co. of Canada, Ltd.—
<
____May
,
Alabama
1st
Money-
.
Company and Issue—
OF 1930
ACT
TARIFF
UNDER
1770
'/..m-h-.',*'*-,..•—May 2
REDEMPTION
PARTIAL
Transfers in New York
for Cable
Buying Rate
TREASURY
TO
1949,
;_May 16
4% bonds, due 1991
—
St. Louis, Rocky Mountain & Pacific Co.—
1st mortgage* 5s, dated
1950
—
INCLUSIVE
28,
APRIL
TO
.
Country and
BANK
RESERVE
FEDERAL
22,
debentures
mortgage,
'
BY
APRIL
1st
world. We
Treasury the buying rate for cable transfers in the different countries of the
the Secretary of the
fto
8%
Corp.,
Fonda, Johnstown & Gloversville RR.—
certifies daily
Section 522 of the Tariff Act of 1930, the Federal Reserve Bank
Pursuant to the requirements of
Date
Concession
Port
Asuncion
.'."'.Tin
M
-
■
•
TV.
•
v
,
'
,
5-13
6-
1
5-
9
5-11
169
Volume
5-13
6-
1
Agricultural
75c
6-20
6-
7
Automobile shares—
25c
6-
1
5-
9
Aviation
(quar.)
8c
(quar.)—,
preierred
Electrical Equipment
5-
6
6-
5-
6
Institutional Bond
6-
5-
6
Investing
5-14
Low
8-15
Merchandising
6-30 '
Mining
6-15
5-25
Petio.eum
loc
pieferred
Railroad
Equipment
Railroad
Ste-cx
t50c
7-
1
5-31
f20ci
5-23
5-
5-23
6-
5-13
1
120c
6-
6
6-
f37c
6-
Ilartz
5-
5
6
5-
5
1
7 5-12
5
5-16
6-30
6-18
5-10
$i
4-29
(quar.)—
"6-
50c
5-27
5-10
5-13
20c
5-
1
5-10
6-
.
"'4-26
6-
$1
■
i
5-iO
5
5-
•
6-
6-1
5-15
'
50c
6-10
6-15 7-
6-10
4-15
3-31
5 0c
'
5G(4c")
SI
93^40
50%
____
;
Co;,
Coal
$4
Deere •-& Company,
\25c
50c
__-
Co.-
(quar.)
A
7-
25c.
---7 --
1
6-
1
6-
1
C-20
4-15
5-20'
5-
.35c
1
'
Ferries
$1.25
5-
I
6-
,
5-13
1
6-10
6-
1-
*
Falstaff
Federal
Fodte
50c
5-
6-1
'
*
Preferred' (s-a) Ford Motor Co-, of
Extra
.
class
^
Mills; Inc.,( 3%
(quar.)
Brewing
Extra
Co.
4%
preferred
✓;
■'
Manufacturing
(H.
6/0
Gas
non-cum.
6-
preferred
1 '
5c
7
10c
5-16;
*
5-16
„
v
6-15
e-1
5-
2
-8:
.
6-4
6-
20c
6-30
6-24
6-
5-
6-
$1.
35c
•;
2
'
5-20
*
5-20
5
5-16
2
6-10
6-
2
5-16
5c
50c
5-31
5-21'
*$1
Vquar.) 7—
5-31
5-21
6-
5-16
S5c
.
65C
5-20
5-
,15c
--
5-31
n(quar.)____
6
1
$2.50
5-
1
v
6-13
30c
5-
$1
i
2
I
5-11
5-
)
6-
5-
9
25c
4
25c
6-
$50c
.
'»
Co.—
40c
(quar.)_
5-
■
,v
$25c
3
'
SkiLsaw
5-15
5-
3
•
6-15
5-21
?
6-
(quav.l2_2-^_-.-._2>___-'a.
Inc.
(quar.)
5-
6
5-
6
Southern
6/
4;2Q%
I
Southern
4-30
Southwestern
1
4-20
6-
1
'5-14
5-10
4-20
Spiegel,
5-
4-25
Standard
Electric
4.40%; preferred
6-
,
Common
5f/o
(quar.)
preferred
(quar,)
——___7—__7_—-
Co., common
$1.60 conv. pref.
6-14
6-14
Standard
4-22
Standard
Oil
Co.
4-22
Standard
Oil
Co.
»
3?i%
$1.25
5-
2
,4-21
5-
2
4-21
7, $50c
C-
1
5-
50c
convertible preferred scries B (quar.)
$3.25 convertible preferred series A <s-a)_
Moore Corp., Ltd., common
(quar.)——___
4%
preferred (quar.)_i__——:
7v,o preferred A (quar.)
—
I'.'fc preferred B (quar.)—
tMorris- Paper Mills,. common (quar.) _______
43/4 %
preferred (quar.)
Mosinee
Paper
Mills.l
.—ill"
—1
Motor Wheel Corp. .(quar.)_
Mutual Income Foundation—
$4
$4
National
(quar.)—
& Chemical
(quar.)
Drug
Common
60c
A
convertible preferred
Co. of Canada—
(quar.)
$4.50 preferred (quar.)
1
:
National
Mallinson Fabrics
5-
6
I
National
Tea
3.8 'f0
class B
Hosiery Mills, Ltd.,
Co.,
preferred
preferred
common
(resumed)—
(quar.)—
(quar.)—
(quar.)
2
7-
—
Standard
•
Supply
Fuel
State
7-
z
5-
5-10
;
3
4-26
,
4-25
-4-30
5-
4-20
2
5-23
6-
5-10
;
1
5-16
:
6-13
•8-
1
6-10
1
5-25
5-27
.
7-15
1
.0-1,
5-14
1.!
5-14
,6-
5-
5-16 V
;
6-15
9
5-25
;
5-25
6-15
5-25
L 6-15
5-16
4-29
,
6-1'*
i
6-30
5-13
5-30
.
6-15
6-
1
6-15
6-
1
6-15
6-1
Coke & Coal Co
Propane Gas (quar.)____________
Stonega
5-10
$75c
7-
2
5-27 '
6%
preferred %quar.^ —
Symington-Gould Corp. .'
t25c
7-
2
5-27
Talon,
••
t$1.75
7-
2
5-27
t$1.75
7-
2
5-27 *.
35c
6-10
5-26
59%c
6-30
6-15
20C
5-31
5-17
40c'
6-10
5-18
42c
,4-29
4-14
50C
5-24
6-15
5-
(;
5-10
30c
5-14
4-30
6-15
5-28
7-
1
6-18
c
6-
1
5-13
6-
1
5-13
$1.12 Va
6-
1
5-18
$30c
7-
1
6-
1
4-21
5-20
6-10 /
6-
1
6-
I
,
2
1
.6-
5-13
1
•
5-13
5-
6-10.
6-13
6
5-31
:
/ 5-13
6-15
5-
4-20
2
6-15
6-
6-15
5-13
6-15
6-
Co.,
,
r_
1
1
Inc"
(quar.)J—*—"
Thalhiiner
1
;; 8- t
$3.75
Bros.,
Inc.,
3.65%; pfd.
preferred (quar.)
(stock dividend)."
6-
.
5- 2
1
rv
2
5-14
5-14
5-14
5-31
91V4C
(quar.)__
Oil
Union
$3,75
Union
& .Gas
5-16
-
1
—
: *
Co.
(quar.)
—■'
(quar.)—-1—
$1.25
' ' 26c
Engineering & Foundry Co., common
preferred (quar.)_^
——
r<^
$1;75
5%
preferred (quar.)
of America
United
5-
3>
6-
5-24
■
5-16
1
5-
6
5-
6-15
5
4-20
4-30
•
5-
3
1
5-10
1
6-10
4-23
4-22
1
5-16
6-
.
93'J,»C
2ftc
;5- 4
'
7-
25c
Co. of California—
preferred A (quar.)——
5-23
6-
93-%C
$00%
,
5-16
5-15
60c
40c
Co.————
Oil
Storage
,
—
Inc.
Time,
7%
1;
6-
6
5-16
•
5-
6-
35c
,
6-10
5-20
5-10
4-29
;
6-
1
5-16
6-
1
5-17
6-
-
5-17
5
4
1
5-16,,
Glass Mfg.—
Biscuit Co
6-
»
—
convertible preference (irreg.)
Water Associated Oil. common (quar.!_
Aircraft Corp.,
5-27
5-
5-20
5-16
..
„37V«c
25c
$240
United
50c
6-
Taylor & Fern, 4.32% pfd. (guar.)-——.
,.27c ;
Technicolor, Inc. —I__—,40c ;
Television Fund, Inc.—^
7c
United
20c
5-20
•
5-16
.
Tampax,
Trico
5-16
;
6-10
Inc. ■ —;■
« 50c
Tampa Electric Co.__——50c :;
Tide
1-
6-10
•
5c
common—..—
3
5-13
6-
Gas; (quar.)— _____18c
Propane
Drug
Thatcher
12 V2c
6-
6-15
30c
15c
$1
18c
Co
1
8-15
6-
6-10
preferred A (quar.)______—93:,/4C
Steel Spring Co.* iquar.)—
25c
Tube Co;, class B common
——
5c
6-
47 V2c
6-10
6-10., .,,6-1
■
Sun Ray
8-
6-15
6-20
.
6-24
5-10
8-15
6-15
1
7-15
1
53 V«c
1
7-
1
6-
$ 12 V2
6-15
5-19
."•■7 $1
$1.62 Viz
$1
2
5-13
1
6-10
.
Suburban
,v
5-
7-
5-10
Suburban
$15c
——-—
5-16
1
5-10
1
,
1
6-
5-27
5-10
'
6-15
5-16
Standard
'
5-25
6-
1
4-14
6-10
1
Acme
preferred
9
5-10
1
$1
50c
6-
6-15
8
4-20
6-
6-
40c
20c
;
of
50c
_____
—
r.___
Co
—___________—
National Aluminate Corp.
(quar.)__
National City Lines, Inc., common jquar,) —
6-
8
6-
6-30
87V2c
Forgings Corp.
5-
37 V2C
61
4-25
$1.10
.
(quar.)_
(quar.)_—_____4California (quar.)__—,
(Ohio), common (quar.)__
7-
7-
'$1.25
— #
»quar.)„_
——
$3.50. preferred (quar.)___.
Cap & Seal Corp.—
5c
,
5-19
,
6-10
preferred (quar.)_ $1.12V2
Brands, common (quar.)———3flc
5-
—
1
'
conv.
$2
<
1
Standard
6-14
7-
9
7-
7-
Service—
(quar,)——
Inc,",-$4.50
50c
non-cum
6-
4-15
37 VaC
5-27
.
5-
2
6-10
5-27
6-
4..—.
1
5-20
1
4-25
50c
87 V?c
$1.65
25c
Natural Gas (quar,)—.
50c
Railway Co. (quar.)_w_-__——$1
3V2%
4-29
5-
2
5-4,
1
7-
50c
..
—; -
.
1
;
1
6-
37'/2c
25c
25c
6-
1
5-
5- 4
C-15
50c
$2
—______
6-
2
6-
4-29
•'
1
6-
preferred (quar.)
_
preferred (quar.)—______
Socony-Vacuum Oil Co., Inc. (quar.)-:
—
5-
5-31
4-20
...
5-16
Agricultural Chemical——50c,
Smith (Alexander) & Sons Carpet Co.—
Common
$1
2
5-16
,
Smith
50c
7-'
,
5-
,B-'(quar.25c
.-y Exila
( 15c
90c class>A '(quar.), ,,
22c;
Sherwin-Williams Co.,* common (quar,)t^>2'"
62Vac
4%' preferred'(quar.$1
Sick's-Breweries, Ltd. (quar.
$25c
Signal Oil & Gas, class A (quar.)_,—_____
25c
Class B (quar.)
—>
; 25c
Signal- Royalties Co.^cjass A (quar.) ______
25c
Class B (quar.)
2bc
4-18
:
5-14
5-14
___
5-13
1
5-16
5-14
1
1:
....
5-12
4-28
50c
4
5-13
t
,
5-26
,
,35c
,
7
5-24
6-30
J--
1
5-1,7
.
1
6-
$1.12V2
Stockyards.^—
Surety Co,
1
T
7 5-17
6-
derrick. Corporation, .Class
: 4-15
.
5-16
25c.
G-
6-
Manufacturing Co., Inc.___—
Savage Arms Corp._^__*
—
—
Sayre «Ss Fisher1 Brick Co.____—,
7c
Scott .Paper- Co., common
(quar.)
>
62 %c
$3.40
preferred
(quar.)
* 85c
Scythes Si Cpmpany, Ltd., common____.r__.-_M,...', ;$25c
5%
preferred '' $31 Vic,
Seaboard
7
5-27 7
6-
1
$1.25
Ltd.___—
;
7_
:
5-31
=.
r"'
5-
62 :/2c
.z:
3
4-19
6-15
15c
—
—-
3
4-15
~
C
3
5-
6-
_____
3
5-
1.
,
V
5-
1
(s-a)_^__-
(quar.)
5-
/
1
6-
$ 12 V2 C
_______—'
preferred Jquar;)---—preferred • (quar.)
Midwest Packaging Materials Cc., common5% preferied- (quar.)
Mississippi Valley Public Service—
$2
4.V4■%
75c
5-
6-
$2DC
Products—
,7/^V"V-r. •;'•
(initial quar.)——
—
National
2
5-14
6-
$25c
commoiu
National Gypsum Co.,
5-
1
1
6'
20c
5-12
'
25c
.
(quar.)—_____
Manufacturing Co. (quar.)____—
Union
Paul
1
.
San-Nap-Pak
:•'•-
$1.0614
5-16
:
St.
6
•
$20c
——
Sagamore
1
5-
7-15
(quar.)
(Jacob) 4VaVe- pfd.
Saco-Lowcll Shops _L
6
1
6-
,6-1
(quar.)___—
Extra
5-14
8'( l/2c
_________
______
preference
Ruppert
5-10
1
6-
25c
2nd
5-16
1
1
—
(quar.)_
1
6-
>
■>'
4-22
1
7-
7.
preferred
1
6-15
*
6-
_______________
Hotel .(accum.)
Gas. Co.
6-
1
6-
35c
25c
30c
$5
inc.____.
(quar.)
-
5-13
5-10
'
6-
$1.25
_____
.
3|
4-30
Hotel——
6.
5-
;
Corp.
5-20
6-30
$25c
——42V2c
Rockwood & Company,: common (qu&r.)____
80c
5% preferred (quar.)_^_—_______________
_
$1.25
5% series A preferred (quar.)_
^ $1.25
5% prior preferred (quar.)—$1.25
Roos Brothers, Inc. (quar.50c
Ross Industries Corp.
(quar.)
—_____
25c
A
Rockland
25c
—
Products,! common
Ltd.
1
Brass,
&
5
5-22
•
'
6-30
.
Little & Co., Ltd., common ________
Robinson
3
29c
(quar.)
Treat
Class
L
$25c
_•_
(quar.)
Ltd.—
Milling Co.,
Robert
8
(quar.)___
(California')______________
Supply
Copper
•
1
1
5-20
:—,4
preferred (quar.)_____.
Riegel -Paper,
4-30
6-
:
1
4-26
6-10
Oil Refining-40c
Rapid Electrotype (quar.)______
—__
25c
Reading Co., 4% -non-cum 1st pfd. (quar.)50c *
Remington Rand, Inc.,; common__B.______2.2:
• ' 25cj.
$4.50 preferred (quar.)
____________ ..,$1,12Va
Revere
5-20
$$1.75
66-
84c
25c*'
(quar.25c.
.4—.1; ;!.;'25c
(quar.)
common
6-
,'"6-
6-15
State
Republic
5-10
6-14
$40c
'
,
6-10
/
15c
(quar.)„
•—
Manufacturing
..
(quar.)—
pfd.
(quar.)
6-
3 7 V? c
■*'
6-10 '
5-25
''
.___
$1.16
l_i
Beneficial, shares
5-157
:
5-14 J
5-10
6-27
•
6-10
-
7
1
5-20:
Co.,
conv.
Quaker
6-27
$1.25
'__L—
Nettleton, 5% prefcrrea
National
5-16
*
-
6-10
7
15c
5-18 —
6-10
5-31
;$2c
r
*
5-10*
6-20.7
'
37»/2C
7
;.
6-
'\
25c
%
._•.
Machine
Monsanto Chemical
61
5-6
-6
6-30
"40c
$1
...
5-
5%
6-10
5-25
$1.18%
v
5-14'
1
6-
-1''
<quar.)_____
;
-
6-20
25c
Co._—_i——_i___^
Light-1-
1
843flC
(quar.)
.
(quar.l
;
5-18'
"
5-16 ■'
<■"<
5c
Gossard
Greenfield
6-
$1
4$i <••'
—.
common
■;
-6-10
6-1
••
Gorham
Co.
; 5-20 *
<■ '6- 1',
5c
(quar.)__
W.)
>. 6-1-
41
(quar.)—-
Inc.,
G-30
6-15
Co., Ltd.—
Modern Containers, Ltd
7S -* «V * Mohawk Carpet Mills, Inc..
Moore-McCormack Lines (quar.)
75- 6:
,5-27' '
1
:
2
'5-20
•
6-10.,
10c
Oil
Extra.
5-20
5-20
Hampshire—
New
Co..of New Mexico
Service
,
2
5-20 *
?
50c
•
Goodall-Sanford,
5-27
'
■
—
__L_—
'
1
5-27
25c
•>. ioc
-
(quar.)
Co:,! LtdJ__ ■
Oil
Goebel
6-30
25c
Pure
!
4-21
2
20c
8%
;
5-
5-27
7$25c
...
'
Globe
6-
'
425c
—L—
Corp.
;
1"
5-
•5-31*77
^
Coiporation
5-
$1.25
$12 V2C
Leaf
New
/'5-21
.
3.35%., preferred
Public
.f
.»
Co. of
Service
4-25
1
1
5-15
Corp. of Canada, Ltd. (increased.
$45c
V .ij' Princeton Water Co. (N. J.) (quar.$1
Public
2
6-14
Power
5-30
6-10.
•
.
5-31
5-15 *
$26c /'
—-—
preferred
3
:
6-15
6-
(quar.)
(quar.)___—_—__
$1.37Vj) %
7 V%ty
class25c"
$1.50 class A pref. (quar.
—_*
37'/2c
Portsmouth Steel Corp. (quar.).____________
'57Vac'-,'
:
5-20
1
6-
common—..
wo.,
*
'
(quar.)
Gentry, Inc. (resumed)
Girdlef
"
•
.$2.50
General Portland Cement—
Gerity-Michigan
L
'
'
6
5-20
'6-
6-1
J25c "
'4 fd preferred
(quar.)ii:l__-_i--_--—
Gabriel Steel Co._iL—
Gair Co., Ltd:, 4% preferred-(quar.)———
Corporaliori
6-
7.)
Midland Steel
6-15:
,20c
:
(increased quar.)—
General
1
5- 9
;
6
5-
:
Reel
preferred
5%%, prior
6
>
'
5-15 ;
(initial)1 J
-
6
5-
7
.
6-10 "
V 25C *.
•
Garrett
v
40c
Kjuar.)—;—_.i
Co.,' common
5-
1
15c
41/2 '//>
6-;i
& Dock Co.
It
Trailer
1
7-
—________
nbn-cuhi.
$2
5-10
5-30
:25c
Fort "Pitt Bridge Work_ ————--,-i-^ rFownes Bros. & Co. (quur.)_——___
Fruehauf
••
5-
'
1
5-
.5oc
'•
it—
Freeport Sulphur Co.
7-
5-13
6-
,750c
vEktra.
65c
5%
•'
•
6-
Inc.—
Company,
&
3
7-
$'15c
(quar.)
preferred
1
Plywood, Inc. (quar.) _'____;
5
2..- ,4-26
-
6-177
$1
5oc
L:f—tvL-i—_-—_Jill.
b
5-
;
6-22
•
.
8
5-20
5-20
-
Canada, Ltd; -class -A—
•
5-17
preferred (quar.)
50c
preferred (quar.)—
4c
Mercury
Messenger' (quar.)
75c
Metropolitan Storage Warehouse.—.:—...—35c
Michigan Public Service (quar.)
;—
'•V„' $1
Michigan Surety
(s-a)_*
.—
,$2.50
Midland Mutual Life Insurance Co. (quar.)*.
6-
15c
■
com-
•
5-il6
25c
•
new
* ■v w
5
"
' $1.22V2
Co.,
20c
Mayfair Investment Co. (Los Angeles)
Quarterly:_
______———.——-—
Mead
Corporation, common
——
.
5-25
(quar.)
preferred
Mineral
<
10c
4 '/if pfd.
$1.50
(quar.)__._j._—_______________
Massey-Harris,
7 *
6-167
5-20
•
1
1
7' 5-12 7
'*
;
Massachusetts Bonding & Insurance
"
5-20
-
PoWer Corp;,
4.90%
5
$$1.50
(extra)—"
Quarterly;::l____4_T—
Florida
.7-
5-
6-10
,
Fitz Simmohs & Confiell Dredge
A
Marion
7*
45c
Corp. (increased quar.) —
Corp.' ".(quar.)—I—J—__—— "
Works', (quar.)
—v
Screw,
6-10 "
30c
$1.12Va
Brewing
Federal-Mogul
5-15-7
25c
I'
&
Rig
'
Poor & Company,
6-1
_______
B
Metal
Maple
5-5
-
'
5-31
Vl6
(quar.)
—___
Macwhyte Company (quar.)
Madison Square Garden Corp. (quar.)
Manhattan :Shirt
Co.
(quar.)
5-14
5-15
10c
;
$1.25
$l;25
& Sons (quar.)
BultimOre
$5
6-10
7-
J $ 1.25
—
Works
Gas
6-10
—
5Tfo.- preferred
(quar,)_———
Macmillan Company, common (quar.)
-r
6-25
_1—I—_ ' j €2Vic
4f/0
guaranteed (quar.1)^—:—l--—f—
Fairbanks-Morse & Co. (quah) ______^Tr.r—
River
7 20C
,
;'
(quaT.)_
-
4-25,
1
25c
Elgin National Watch Co._—————_r~».
Empire & Bay State. Telegraph Co.—......
Fall
6-10
5-20
*
(quar.)
Star Gas Co.
Lyoii
*
6.
"
'
Electric
Inc.
Loid
5-27
4-20
37V2C
Ltd.
Trust,
5-14
9
8c
1
(quar.)
Lone
>
H
Co.___
1
10c
(quar.)_
Laboratories,
Lomas &
"t
$1.7 5
Co.^—
Investment
Boat
6-
(quar.)
(quar.)
Extra
5-10
— __
4(i 7). preferred (quar.) _j——
Eagle Pichef Co (qiiar.) __—————
Manufacturing
5-
Extra
5-10
35c
Company,.- comindri———_ii_—__
!
4%
preferred
(quar.) 1„———_____
Dun & Bradstreet, Inc., common——
Electric
1
'
Light & Chemical Co
Corporation
(quar.)„
Class-
5-16
6-
Drackett
Economic
pieferred
Monotype
Class'
6-10'
7-
15c
7
& Anglo Investment Corp., Ltd.—
preferred (quar.)
Eaton
7 6-
—.
common
Groceterias Co.,
6-10
Dominion
5%
4-29
'
—
(qua^.)
j(quar.)_Li—v-.
4-29
series
Groceteria.*,'Inc.
>
75c
■
EOc
'
(quar.)
Loblaw
5-10
'
5-16
"5c
Loblaw
,
1
5-31
2
—_
Liquid Carbonic Corp., eommo
3V2 % preferred (quar.)—
1;
5- 7
7-
5-16
5-
(qunr.)_
.1—;
Woods Milling
(James)
Lindsay
5-24
5-30
Co.; (quar.)
1
6-20
-
750c
Cup Co., common'
Class
1
$1.75
.(quar.)
Lees
2
6-
5-31
:
Fund—
Bryant,
Lanston
6-15
■
i$2
7%' preferred ' (quar.)_77_
Derby .Gas »&, Electric- (quar.)
__________
Diamond Ice &-Coal,- 5'tfe
pfd.''(quaf.)l-___'*
Dixie
7-
6-
5-16
6-23
—
'
Door.————n_
&-Hudson
Match
6-
i
•
15c
—
interest
*
the
Lionel
Delaware- Rayon,
Diamond
6-15
6-10
*
5-11
5-31
7%
Lansing
,
$1
>
5-9
,,
6-10
"•
.
$4.25
$1
Lang (John A.)'& Sons, Ltd.
Stamping Co.__!
,7*
75-11T'
4-30
—11—a
common
$1
(quar.)
preferred
Lane
9
5-14
f20c
1
C.)
preferred
1
(quar.)^
Ltd
Tubes,
Parkcrsburg
5-12
1,
6-
25c
'
Ltu.—
(quar.)—.J
7^*' preferred
Delaware
6-
5-27'
933.4C
>
w
^
*
6-24
7
(accum.)_____
(quar.)—
prior preferred
Dahlstrofn' Metallic
>
;
75c
.
(quar.____
Mfg. Co.v (Mo.)__
Publishing Co., $7 pfd.
,
7
_______________
Corp.
conv.
of
Common
7%
,
$1.50
Nest; Pass
4%
6- 9,
6-24c-24;: ■6-9,
•
6-
V'1
37 Vic
(S.
40c
5-25
________
Industries,
France
Lake
«
5-16
1*
6-
4-22
6-15
Tv_
"
:
5-20
(quar.)
5-
5-25
—
10c
25c
—___—$1.06'/4
Peerless Cement Corp._
25c
Peninsular Grinding Wheel Co.__
—'
5c
Peoples Telephone, common (quar.:$2
4 V2preferred •
*:■' "7: SI'
Perkins'Machine & Gear,..7% pfd. (quar.)_
;' $1.75
Peter Paul
Inc.
' * 40c
Pettlbone-Mulliken (quar.) ____________2_
40c
Philadelphia Electric Co.. common (quar.)__30c
$1
preferred ' (quar.)_2____'______r_______
25c
Phillips Petroleum Co, (quar.)__.
75c
Pillsbury Mills, Inc., common (quar.) ____— ' *
50c
$4
pi-eferred"
$1
Pittsburgh Steel, 5% pfd. A (accum.$2.50
1
1
4-29
(increascdl
prior preferred
Lakeside
Co.; Inc.,. $2 pfd.. (quar.)
Curtis
4-25
6-15
1
Parker
6-
6-
n
(quar,)_.^
r_—
Beneficial
5-25
50c
.
—
Crows
Curtis
-
use
(quar.)_—
preferred
V
6-15
.7-
j
Robmson
$1
Knickerbocker
'
5-13,
4-29
.25c
'
^
Crown Cork & Seal
5-14
l 7
Gamble
Page-Hersey
Co.
Company .(quar.)
Extra
$5
_
preferred
■!
5-16-,
G-15
Pacific
4-20
$1.25
Kingsburg Cotton Oil (quar.)
Kinney iG. R.) Company, common
.
5-10
5-24
50c
Kentucky Utilities Co., common (quar.)—
4%%' preferred (quar.)
7—
.
La
_ __—:—
3%%
0-
;
45c
(initial)
common
Company,
r".
c-
40c
:_
(quar.)—-—_—,
; .
'
dividend
"
'
■
Kawneer
Extra
6-15
t $ 12
(quar.)_--___'
Crompton & Knowles Loom Works—
Common
(increased),
b'/o
9
5-12
1
1
100%
Stock Yards (Maine)—" *
preferred (quar.)
5 % '
6-lt)
'
6-25
(quar.)—
preferred (quar.)__
Coio, Inc. (quar.)__
__.
Cosmos Imperial Mills, Ltd.—
«
5-
1
6-10
,
9
4-20
6-
5-
Kansas' City
"
preierred^——
prior
New
5-
5-16
6-15
5-20
4-30
,
4-28
Corp.
California
5-10
1
5-16
Finance
Y.)—
(quar.)
5-
6-1
Pacific
of
6-17
6-30
6-10
6-10
Pacific., Chemical
*
25c
•
Crane
6-
25c
50c
V
5-23
.
—___
5-16
&
3
4-18
2
70c
40c
2»c
______
■
Co.___
Fertilizer- wo
Mfg.
3
5"
90c
35c
(Minn.); common.:—
(quar.)
&
5-24
25c
Vegetable Parchment Co.
Kalamazoo
5-14
Marine
1
_____7
common
preferred
5%
5-25
.
—
Stock
5-10
,«
,
$1
,
(quar.)———_—___
_
Stock
1
6-10
.
45c
Cooper-Bessemer Corp.—
.
New common (initial quar.)—.
$3
6-
87 Vac-
V,
$1
$1
50c
$3
37ViiC
5-
4
5-
5-16
6-15
$12 V2c
Laughlin Steel Corp., com.
dividend __1
Jones &
5-10
1
Power Co.
preferred
5-
59%c
$1
(quar.)
(quor.)
Co
Estate
Jones
5-26
6-
(quar.)_
Cigar Machinery——_________
America—
5%
preferred (accum.)
International Silver' Cd.—___—_7'
•6-15
6-
$3.60
Outboard
2
1
5-16
25c
Quarterly,
12-15
50c
Otter Tail
5-13
International Railways of Central
6r30
25c
5-13
5-16
5-10
6-
•
5-31.
1
5-10
1
5-11
Industries,
5-31
1
6-
5-10
Olher
6-
,
6-
50c
;
5-13
7c
5-20
2
(quar.)
Company
5-20
2
6-10
7-
__
5-31
Olin
1
1
'5-
0-25
4% preferred A (quar.)___
Corporation
(quar.)-^_____________Orange County Telephone Co., 6% pfd. (s-a)
85c
International
12-31
(initial)
ccm.
5-16
6-
6
5-
5-10
$25c
5-13
12 V2c
Steel
new
A
1
5-
5-15
$$1.75
__•
Gas,
preferred
5-
G-
5-31
;
5-15
*0-10
-
(quar.)__
common
5-13
International Business-Machines Corp.—
i
4'/«
;
(N.
Ltd.,
(quar.)
Natural
5-31
12 v2c
Iniand
4 '/o
•iV
'"•(
(quar.)
Refining
Ingersoll-Rund Co.
4-26
1
6-14
80c
Co.
preferred
__<
5-31
(quar.)
J,
$1.75
'
Co., Ltd.,; class, A
Cooksville
Okcmite
T'/o
(quar.)i__
(quar.)^:
8C
________
4-30
35c
=v
3
'
10c
(quar.)—J
preferred
$3.75
5-13
5 '/o
preferred series A (quar.)__
Imperial Chemical Industries, LickOrdinary registered
(final)
—
Industrial Erownhoist Ccrp.
(quar.)
6-13
'
75c
>
.
J—
common
5-31
Flour Mills,
Ogilvie
'■
(quar.)
5f/c„ prererred
5-13:*
1
7-1
$1.12 y2
Co.
Del.
43/4%
Ry Co.
Bancorporation
7C
_____
(irreg.)
Foods, Inc.,
Hunt
"4 $1.50
Wilmington,
s
5-13
Western
&
5-16
75c
common
Corp.
Oil
Humble
*
25c
preierred
5 c/o
Co
8c
.
Howard Stores
5-31
30c
:
—•
Hardart
&
Horn
5
5-
5-31
Co.,
Honolulu Oil Corp.
5-
5-31
138c
Machine Corp. (quar.)———___
Cleveland A; Pittsburgh RR.—..
4%. special, (quar.)
_________—
T'fo guaranteed (quar..)_—_—___7"
Clorox Chemical Co. (increased quar.)—r
Colorado Central Power^quar.)_.—
Colorado Fuel & Iron Corp., 7om. (special).
5%• conv. preferred (quar.)—
Columbian Carbon Co.- (quar."
Commerc al< Shearing & Stamping——
Confederation Life .Association (Toronto)—,
Continental.Can Co.,
5-31
3c
(quar.)
Hotels, common
Hinde
'
(quar.)
of N. Y.___——
Life Insurance Co.,
Oklahoma
9c
convertible preferred (quar.)
& Dau.ch Paper (stock dividend)
4%
475c.
(stock dividend)
Co.
5-13
—
(s-a)__.
,
Hilton
"
Clearing
Coal
5-13
5-31
5c
Co.
convertible preferred
(J. P.), Ltd
class A
4'/a
'
Watch
Hamilton
4-15
5- 2
t50c
■
Edison
5-31
8C
■',
V.'jtcr
Coiporation
Hajoca
.
Consolidated
7c
shares
Hackentack
5- 2
125c
preferred (quar.)—
t
City Baking. Co. .(Baltimore)— „„_'w,..77 7 7% preferred, (quar.)_—
:—
Clark Controller Cq.
(quar.)__—__--___r,_-/
Continental 'American
Norfolk
Northwest
5-13
______
shares
Utilities
2
|25c
4%
Consolidated
5-13
5-13
;
Tobacco
.
Corp., bf/o
5-31
5-31
.
shares
;
6-15
20c
50c
$1
75c
25c
•
& Dry Dock Co.
pfd. ser. A (quar.)
4%
5-18
50c
Newport News Shipbuilding
Nopco Chemical Co.,
5-31
v
9c
;
shares
J
ioc
Steel shares
_
——:
:
Railroad Bond shares
5-13
Service Co., common.
Connecticut-Power. Co.'
5-13
—
5-20
..
Conlon-Moore
5-13
—
.;
1
6-15
150c
Champion Paper & Fibre Co., common——
i .$4.50 preferred
(quar.)—:
___
Chile Copper Co
—
_„
Chilton Company (quar.)—__________
Cincinnati Fund
,
Cincinnati Milling Machine Co.,; common——
\,Quarteiiy
.' t Special f
5-31
5-31
'.
Manufacturing
Holder•
5-27
20c
25c
60c
40c
75c
5c
lc
1
Zinc Co. (quar.)
Mining (s-a).
Newmarket
47
.
Payable of Rec.
Share
<•
Spec.al
5-13
_____
shares
6-
6-20
132 V2c
(s-a)
Clary Multiplier Corp.
Stock dividend
:
shares
1$ 1.12 Va
t50c
4%% preferred (quar.)
Chamber sb.urg. Engineering
5-13
.;
..
; L
shares
7-30
Park
5-13
5-31
"
f$3.50
New
5-31
8C
;
shares
shares
6-15
9-15
Class B
Central Illinois Public
Priced
f25c
125c
_________
'(
shares
Company
Jersey
10c
5-
$14
New
IOC
shares
Bond
87 '/2c
-----
Capital Wire Cloth Mfg. Co.—
$1.50 conv. preferred (quar.)
Catelli Food Products, Ltd.—
■'
Common (increased s-a
General
5-13
5-31
shares.^—___________
87V2C
Fairbanks-Morse Co., Ltd. (quar.)
Canadian Exploration Co.
_____
Canadian Industrial Alcohol Co., Ltd.-^
A
6
5-
6-
5-13
,
preferred ,(quav.)
New Britain Gas Lignt (quar.)
6c
:
Administered
' 1
$2.40
9c
12c
sharcs____
shares
I-ully
•
5-31
Industrial Machinery shares
_
(quar.)
9
5-
6-
37V2c
Canadian
5%
5-16
25c
(quar.)_
—_—
7% preierred (s-a)
___
California Cotton Mills Co. (quar.)
Canada Cement Co., Ltd., 6Vj% pfd. (quar.)
Canada Malting Co., Ltd.
Canada Safeway Ltd., 4>;i>% pfd. (quar.)___
Canadian Breweries, Ltd. (quar.)-..
Canadian Car & Foundry Co., Ltd.—
Common iquar.)—
_______________
Class
1
5-31
shares _4__
6-
5-13
_______
shares
Chemical
—
•
Common
A
Building
5-20
Food
Butterfly Hosiery Co. Ltd., com. (quar,)_,___
Class
4-22
6-15
20c
.
Burlington Mills Corp., common (quar,)____
3Va% preferred (quar:)_____—
._
31y3f/0 conv. 2nd preierred (quar.)
—4%
4-30
5-31
10c
^
5-13
7c
—
shares
5-31
When
Per
'
Company
Naumkeag Steam Cotton Co
Neisner Brothers, Inc.
(quar.)
Neptune Meter Co., common (quar.)
5-31
9c
—
^
•>
Name of
5-13
9c
:
1
"
—
—___
Securities, Inc.—
shares •■__.
Group
20c
Incubator Co—.— __
—,,
—
Pipe Line Co—_—
—
Fund, Ltd._.———_—
—
Hill & Sullivan Mining & Concen¬
trating
.
*"
Payable of Rec.
Share
,
8-15
$3
6%
Bunker
Company
5-25
50c
Woven Hose & Rubber, com. (quar.)
preierred (s-a)
u_
.____—
Bower Roller Bearing
Co
_________
Brooklyn Union Gas Co
_.
__
Boston
Buckeye
Buckeye
Bullock
Name of
Payable of Rec.
(1923)
Holdert
When
Per
Holdert
When
Per
Share
of Company
Name
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
Number 4799
-
1
5-17
5-17
5~ 6
5-17
5-
6
,
48
(1924)
THE
Per
Name
.
United
U.
S.
U.
of Company
Gas
S.
Lines
Co.
<N.
J.)
Loan Society
Extra
U.
5-31
50c
6-10
5-27
$1.20
convertible
^
30c
5-15
4-30
$1.20
convertible
10c
5-15
4-30
Pipe & Foundry Co.
Playing
Card
(special)-,-.
(quar.)
6-20
5-31
AVCO
50c
7-1
6-15
Avildsen Tools and
50c
7-
6-15
Lines, Inc.
United Steel Corp., Ltd
Universal
Consolidated
(Del.)
5-
5
5-20
5-
2
5%
6-15
5-25
6-30
6-15
50c
5-25
5-10
<•"
$1
5-25
Co
25c
Co., Inc.—
preferred (quar.)
Winding Co., common
90c convertible preferred (quar.)—_——_
Vanadium-Alloys Steel
(quar.)
Verney Corp.
Viceroy Manufacturing Co., Ltd.,..
Virginia Coal & Iron Co.—
4%%
—
Stores,
Walker
class A
Goodarham & Worts,
(H.)
Warner Brothers
Warren
75c
2
6-1
5-13
6-15
6-
1
5-20
5-27
,
$1
5-12
10c
Ltd,___~
150c
t
6-15
25c
■
7-5
Pictures
$6
6-
1
6-
1
5-14
6-
1
5-14
Warren Petroleum
Warwick
Corp.
6-
1
S-IG"
(quar.)
20c
Mills
Wesson Oil
$1
Snowdrift
&
$4 preferred
Indies
Co.,
$1
(s-a)
Westinghouse Electric Corp.,
3%% preferred A (quar.)_
preferred B
Class
redeemable
Willcox
Gibbs
&
4-
preferred
Sewing
(quar.)
'$$1.12%
MacMnge
(s-a)—
6-15
6-
a3%V
6-8
$1
x 5-2
$1
5-
10c
1
(quar.),,:
5-10
10c
5-31
5-
—
6-15
Fund
5-14
5-
5-
7-30
4-15
2
4-15
$5c
5-16
4-25
25c
5-
4-15
5-15
2
5-
.75c
5-15
5-
25c
5- 3
4-12
62%c
5-
4-20
15c
6-
1
1
5-
.
(quar.)
1
5-
1
2
B
-—
Vancouver,
give the dividends announced ii? previous
weeks and not yet paid." The list does not: include divi¬
we
dends. announced
preceding table.
this
week; these being given in the
British-American
preference
British
Per
Nameof Company
A.
B.
A.
T.
C. Vending
F., Inc.
Acme
Steel
Co.
V
*
*: <
Corp.
(quar.)
(quar.)
Canton At Youngstown
preferred
Allied
(s-a),
Laboratories,
RR.
•.
50c
t
$150*
.*
-
(quar.),
(quar.),.,
Automobile Ins.
Co.
(St.
1
7-1.
,
:
A
pref.
Class
B
(qunr.),
6-10r
5-H
Class
B
(quar.)—,
6-
1
5- 4
'6-
1
5-16
6-
1
5-15
87%d
!
$1
6-
2
-
American
Can
American
80c
5-16
Shures,,,,,,,,,5c
Co.
5-31
5-20
5-
(quar,),,,,.
Furniture
Co., Inc.
(American
Home
American
Light
&
'
75c
Corp, (monthly),
Traction Co., common,,.
6%
preferred
(quar.)
American-Marietta Co., common
5%
preferred
'American Meter
American
37%c
(quar.)_„_
Co.
$3
2
Steel
American
Viscose,
5%
1
Water
American
Zinc,
$5
preferred
Amoskeag
4-4
6-10
5-
7
5-28
5-
7
75c
com.,,,
(quar.),
preferred
preferred
6%
preferred
Anglo-Canadian
30c
4%%
•
preferred
6-14
4-22
Coast
$1.12%
3.75%
'$3.'. ''
______
$$1.12%
Atlas
Ault
Powder
Steels,
&
5»/a%
6-23
6-30
6-23
4,29
g.
1
1
4.29
7-1
6-1$
(quar.)
A
;
-
Ltd., $7
Lumber,
Central
Central
M.)
Coal. & Coke
Foundry Co.,
common
1
5-11
Central
6.13
5.19
4%
preferred
&
preferred
$1
6-13
5.10
Central
&
5-10
4-25
Central
(irreg.)
6-30
6-16
5-
2
4-18
5-
2
4-20
5-2
4-4
Corp.,
Co.
com.
(quar.)
Power, 3.40% pfd. (quar.)
Light Co. (Texas) —
,
2
4-14
5-
1
5-10
5-
k
2
4-
"6^10*
Ribbon
Store
4%%
Chain
Mills,
5-16
i 80c
5-2
:
J
:;5- 2
20c
5-.
*
4-22
..
2
$1.06
^
(Del.)—-
5-2
.
37%C>"
$4c
u
*
i
-■
4-15
-•
5-2
'•>
4-1
5-16
•
>
4-22
i\
5-
2
:
$1.50
$1.25
('
-
-
7-
,1/
1
6-10
->
5-15
-
/>
.
pfd.
■
•
V-
'
(accum.)
>
75c
40C-
i:
—*
;
5-15
6-
•
1*
4-30
.5-16
50c
5-
47%C -
—:~i-
4-
1
Corp.
5-1
.'
1
5
5
■
5-16
1itf,
!
37%C
"^4-J6
6-2
...
ft - "2
(quar.),———
(N. Y.).
•>
6-
:■
$1.60
-.
•!
4-15
r.
*1
—
.5-
2
4-
Inc.
Real
(quar.)
6r,l>
6- a
5-
5-
2
4-25
6- 1
5-16
2
8
11-
4-
p
,
Quarterly
preferred
Chase National Bank
Corp.
Chesapeake
&
•
4-
4-
$20c
5-14
(N. Y.)
7-15
5-16
&
&
Crum
&
6-
4-29
1
4-
7-
1
6-11
5-31
6-
1
5-
6-
1
5-6
5-
1
5-
2,
1
5-16
2
4-11
5-16
5-
6r 1
5-10
2
4-15
5-31
4-29,
5-16
4r25
6-15
6-
5- 2
4-22
1
56 %C
5-
2
4-15
—
&
1st
Class
.
(quar.)
voting
l
' :i; 6-17
9-16
7-
6-16
1
5-16
5-
5-
4-22
2
6
5-14
5-
2
Fields
2
4-19
5-
2
4-U
6-
1
5-
1
'6-1
5-
1
8-
9
1
2-6-50
2
4-14
5-31
5-14
5-2
";
$37%c;
4-14
5-
5-
2
4-15
6-
1
5-16
10c
:,„i_,
(quar.)
6-
1
5-16
25C
-
1;
.5-17
4-29
5-20
•4-
'5- "3
*
8
4F15
5-
2
4rl5
2
6-
i
-4 -
5-
™
5- ,2
5-
5.
^
$75c '•
1
4-
"
■■;'$37'%c>:r
—
-
(quar.)„_
$25c
i
"~Z
1______
.
$25c
$37 VaC
125C
'
I _I
(quar.)
$260
$$1.12%
(quar.).;
$1.25
I
I:
Hr.
/
5-
4-15
si
8
'
4-8
3
6-15
"
•
5-18
1
7*
2
7-
2
6-
1'
«-
2
4-15
5-10
'
Ar
8-: 1
"
$26c
$25c
Worsteds, Ltd.
Co., Ltd.—
%
4-23
5-31
/
"
$75&
$20c"
•r
6-30
2
5r
.
,'$30C
V
2
7-30
31 Vic
(accum.)"
5-
5-16
20c
I
______________
'4-15
K2;
6-
1
5-
4
LII,
15c
6-
1
5-20
$1.75
(quar.),
common
1
1
15c
______
4%
preferred
(quar.)
Dryden Paper Co., Ltd.
76-
2c
(quar.)'_,__j_:
(quar.)_
4-25
1
3-1-50
9c
$30c
;
.
common
2
7-
9-
75c
I
:
'
$$1.25
preferred
4-25
6-15
:
-75c
,
Corp., Ltd.—
(ouar.)
$1 preferred
(quar.)
Dominion Woollens &
4-25
5-
$1.75
Co.__l—„1
com.
4-21
'5-16
$17%c
nfd.
9-15
5-16
.
40c
(s-a)
preference (quar.)j.
preference (quar.)
7-
1
6-20
6
Metals
Manufacturing
Eastern
Corp.
Co._.
35c
5-16
5-
50c
(quar.)
Dupuis Freres,
(quar.)
4-19
5-
___
redeemable
Corporation,
2
$2
'
(quar.)I__—III
Aircraft
5-
:
'
(quar.)
Paper
1
;
1
;
E%
6-15
1
2
$37%C
Ltd. (initial)
preference (quar.)
Corp.,
convertible
7-
$1.25
'
(quar.)—,
5
1
■
7-
'.25c
Dwight
87 %c
1
■:
9-30
25C 1
8
1*
4
5-
common
Ltd.
(quar.)__^.
Co., Ltd., 6% pfd.
Fabrics, Ltd., common l
Co.,
.
$1.75 ; '
1—
class A
preferred
}
$1.13 ,V
Bridge,
Drug
■1
10-
(quar.)
5-
4-
t:
•
35c
(quar.)_
com.
4-
4-20
2
'
6-14
6-30
$2
•
pfd.
Common
7%.
4-15
$1.12%
4%%
Dominion Tar & Chemical
Co., Ltd.—< "
Common
(quar.) ,*
Dow
4-12*
5-16
$17%C
(quar.),—
Dominion Stores, Ltd.
Douglas
5-20
$1.12%
(quar.)
Light,
B
4%%
v'
4-29-.V
4-29 c
*87 %C
;
Coal
Donnacona
4-19
$1.25
Construction Co.,
conv.
2
'
Dominion Malting
Co., Ltd.,
5%
preferred
(quar.)
Dominion Steel & Coal
•
5-
5-16
v
25c
participating preferred
Oil
4-22
$1."75
6%
participating preferred (s-at—
Diocesan Investment Trust
Shares, preferred
conv.
2
5-16
'7
(quar.)
(quar.)__
Steel
5-13
5-
$1.75
pfd.
5-16
1
5-
(quar.)
I
-
1
5%
Ol
5-
40c
5rl3"
1
6-1
**»-
stock (quar.)
Sitpply Co. of N. Y.
Ducommun
75c
50c
6-
9
6-10
6-10
'$50C
:
(quar.)—___
& Supply (quar.)
Duquesne Brewing Co. of
Pittsburgh IquarTf
Ltd., 4.807o pfd. (quar.)
Duro-Test Corp.
(s-a)
1
(quar.),,
5Y
1
10c
Mfg. Co.,
1,1,
A
Second
4-15
5-
r
,
preferred
6%
a
6-
4-29
7-1
70c
i_
■'
debenture
Dravo
(Mass.)
B
Domittidii
5-14.
17 %c
H-6-15
5-20
$12c
(quar.)__^_
*
:
" •
preferred
Power
Dominion
4-30
27%C
1
>7-
'
common
preferred
■
Dominion
6-11
20c
(quar.)
Inc.,
preferred
Dominguez
5-13
1
2
Press,
'
4-20
1
5-20
5-3i
:
-6 % c
(s-a)
Dome Mines, Ltd.
Domestic Credit
7
7-
5-
8%- preferred
Shares, Inc. (quar.),,
Dobbs Houses, Inc.
(quar.)—
Extra
l__i__
Dodge Manufacturing Corp.
11-15
2
6-
/
Forster,
Corp.
$1.50
8-15
1
5-
.
''
—
12-
$1.25
5
1
25C
Co.; Ino
Co., Ltd.1 (quar.)
Dividend
'
5-.16
Seal
Seal
Atlantic Sugar,
Disher
5-15
20c
2
5-
7-
$37%C-
preferred (quar.
preferred (quar,)--
6%
-
4-30'
*•
5-16
5-
$1.13 '.
(quar.)
Oil Co.
(Kansas)
Diamond Match Co.
6-15
Ry.,
preferred
Cork
$8
5-1
5-10
1
1
6-
$12c
Cork
7%
4-20
.$$1.25 \
$$52.50-
5-2
6-
6-
$1
Class B
Dentists'
4
85C
\
Class
4
2
5-21
6-15
6-20
75c
B.)
Dennison
4-14
2
5-
9-
Ltd.
Derby
5-
4.0c
(W.
Class
4-30
$10c
4-15
f
r-
150c
$12c
-
Co., 41A%. pfd, (quar,)__:—
Co.,
-
'
Water, 5% preferred (quar.),
Davis Leather Co.,
Ltd., class A (quar.)___
6-30
1
1
—
Davenport
6-16
17c
of Virginia
Ohio
convertible
'
6
5-16
-
—
common
Dallas Railway &
Terminal Co.,
T'fr preferred
(quar.) 2____
r
5-
13c
Gin
Glass
4%%
6
1-
5-16
5-16
1
Dallas
6
7-
*
10-
7-30
$1;
25C
7-
4'/2%
.4-11
2
7-15
(s-a)
-.53c
Curlee'Clothing
4-11
2-2-50
$25c
Gas
$1
26c
preferred
3% %
-7-15
•
2
8-
.'
1
Culver
4-30
3-*
5-
Iquar.)
Estate Trust
ti
,4,
(quar.)i——„
1 "6-15
Cuneo
9
Investment Corp.—
convertible
Store
3%%
$1.06%
6-
Cuban
5-26
7-30
$1.
Corp.
Public Service
'
5-
V1
__
Electric
West
Chesapeake
$$1.37%
4-15
37%C
Century
$1
,$&c
South
4-5
86%C
/
_____
4-5
37%c
—_
2
75c
(quar.)
Vermont
Chain
(quar.)_
5-
$1
—
Co., com.,—'
(quar.)
$2.50
2
4-20
7-
7%
4-15
50c
Central New York
5-2
2
50c
Co
4-15
5_
5-
40c
'
5-2
$.1
(quar:)
(quar.)
$26c
93^,0
5-14
'
30c
7%
4-15
$1.75
Louisiana
4
6-14
'
6%
Cuban American Sugar
Co.,
4-15
25c
Hudson Gas & Electric
10
4-30
2
50c
Company .(quar.)
preferred
*
-4-30
2
37%c
(quar.)
&
Power
(quar.)_
preferred
5%
w
5-16
$10c
(quar.):,
Central
*
■
5-
37 %c
Central
"
6-30
.
(quar.)
Natural
Crown
4-!30
5-
37%c
4-15
6-
1
4-20
—
——
(quar.)——
Power,
Laundries
Crown
4-30
.
5-16
'$6C-.'
1
com.,
5-2
$2
5-14
?,*■
*
4-15
$10c
___
(quar.),,,
pfd.
5-2
$1.50
5-1
30c
5-16
__
a
8-
5-14
18%C
=
4-15
5-10
.
preferred——,'-"
$23%c
.
1
1
$$1.50i
Ltd.
Caterpillar Tractor Co. (quar.),^
Central Arizona Light & Power
4-20
$25c
(quar.)
Ltd.
(A.
9-1$
1
Engine Co.—
Ltd.—
Mines,
class
preferred
$1.10
5-
9-1
87%C
.
Company (quar.),
Corn Exchange Bank JTrust Co.
(N. Y.)—
Quarterly
Corporate Investors, Ltd., class A_____
4-15
5-
$$1.75
Co.,
7%
5-1
(quar.),.,.,>..'417%C*,
Investment
Carpenter Paper Co., 4%
Carrier Corporation
Case (J. I.) Co., common
Castle
1.
(quar.)
Coon
Ltd.—i
(s-a)
Capwell, Sullivan & Furth 6%
6%
preferred (quar.)
6% preferred (quar.)
Carolina Power &
Light
5-
common
'Quar.)
.v M
wv
.10- 1
-
Ry.Mquar.)—.
Coip. (reduced)
Co., 4% conv, pfd.
preference
common
Fund, Ltd. (quar,)
Canadian Investors Corp., Ltd,
(quar.),
Special
$1.25
Wiborg Proprietary, Ltd.—
Aunor Gold
Ltd.,
25c
•
(quar.)—
Diesel
Common
giJ25,
(quar.)___
(Conn.),.*,
RR
A,?"1®, A Referred
Plywood
Atlas
4-22
4-18
6-
$15©
(s-a)
preferred B
Atlas
4-11
2
6-30
$1
Atlantic Refining Co.—
4% preferred A
(quar.)
Atlas Imperial
2
5-
50c
(quar.
Co.
'
2
5-
#4,25-
•
Industries,
Vickers,
5-
-
4-30.
6-
■■■
4-15
6-
$25c
(quar,),
Insurance Shares,
Western
4-18
5-14
■
.
1
$25c
preferred
Canadian
5- 4
Ltd.—
;
Canadian
2
■
>
■
4-30
.5-
$$1.25'
Co.,
Capital Estates
,
preferred
Dock
^__
Canadian
5-
4-14
4-30
--i 50c
Consumers Power Co., common (quar.).,-,-,,-^$4.50 preferred (quar
$1.12%
$4.52 preferred (quar.)
$1.13
•'», Cook Paint & Varnish, common (quar.)
1 25c
$3 prior preference Iquar.)_„
*
75c
■4-15
$31c
—,
Common
Canadian
1.
5-., 2
5-16
$25c
4-8
Co,,
Line
preferred
6-
„
tl5c
common
(resumed)
4-22
Co.—
(quar.)
&
5-2
1
preferred
Consumers
2
$$1
.
Ltd
Co., Ltd.,
(quar.)
6-
62%c :
Power
—
Dredge
Common
7%
'
5-2
(quar.)—_—
...Continental
7
5-
50c
,
(quar.)
Lines
10-
6-10
50c
Co.
1-21
12%C
Atchison Topeka & Santa Fe
5%
7-22
10-22
Inc.—
Associated Telephone
Co., Ltd.—
4%% preferred (quar.)
5%
preferred - (quar.)—*
Atlantic
1
25c
Hoffman*Co.
Coast
10-28
35c
(quar.)
Association (s-a)—
-
_—.—
Atlantic
8-
11-1
1-31-50
$56%c
Argus Corp., Ltd.,, common—.
4%%^ convertible preferred
v'
6-14
1
(quar,)
preferred (&-*.)_—
Arnold
4-7
1
2
Common
Edison.
2
\
(quar.)
$6 preferred
(quar.)
$5 preferred (quar.)
Arizona Power Co., 5%
2*
7-
Arcade Cotton Mills
Arizona
5-
7-
$1.50
4%% preferred (quar.)c,
Appleton. Company
>
*'•
5-
$1.50
'
64$
4-20
5-
$1.50
(quar.)____
Appalachian Electric
2
$2.25
Anheuser-Busch,
5%
Common
7
7-'7
30c
Common
$1.50
preferred (quar.),
America,
Insurance
preferred
Canadian
10'
"7-28)
25c
preferred
Bronze
4-20
6
s
6-16
5-23
1
5-14
—_..—
8
Co.—
(quar.)"„—
Breweries.
5%
7-
50c
Liquidating
Canadian
(quar.)
preferred
1
•
-5-14
Telephone
Canadian
5-25
2
5-16
75c-
(quar.),,
Inc.
Animal Trap Co. . of
Common
(quar.)
6
,
5-16
7-1
(quar.),——
Consolidated Textile Mills, Ltd
New $1 "preferred -'(initial)-~(s*a)
Consolidated Theatres, Ltd., class A (quar.)
Container Corp. ,^of America,- common,,
^._
4% preferred (quar.)
4-12
7-28
.
.
62JAc
:
(s-a)_„,_,„
Telephone Co,—
Fire
5-
5-
$1.25
common
&
convertible
5-
*
(quar.)
(quar,),,,
preferred
6-15
75c
Works Co.,
Inc.,,,,
Lead & Smelting—-
1
(Boston)
——
—
Edison Co.
4%%
4-20
75c
—
(quar.)
preferred
5-31
60c
(quar.)
6%
7-
(N. H.), 7%
River
Consolidated
4-13
1
5-
$30c
Service; 4.4% (quar.)
(quar.)^—•—__—33 YaC
Canadian
.
2
15c
(quar.),.
com.
Campbell Wyant & Cannon Foundry
Canada North West Land Co., Ltd.—
5-14
6-, 1
6-
.
50C
Co.—.
Consolidated Paper' Co.
Consolidated Retail Stores,
''1
4-Z0-.
$20c
r
—
Co.,
Camden
5-28
.
$20c
-
(quar.) i„——
Dearborn
$5
*
$30c
5-21
25c
$4.50
6%
$1.20
6-20
$0.61826
Co.,
Water
Common
25c
$1.25
preferred (s-a)
Anchor Post Products, 6%
California
$1
$1.25
(quar,),
Telephone
Consolidated
jl"on
2
-
(quar.),
Water
5-19
6-1
(quar.)
Power
preferred
4-20*
25c
pfd.
common__,,__„,l_
Company,
California
5.3 %
2
5-
.
$12
$1
—
(quar.),,
Packing,-common
4-20
6-15,
$1.12%
(quar.)
American
'
preferred—
Foundries
preferred
♦
4-16
2
preferred
preferred
$1.40
Participating
American Smelting &
Refining
American
2
5-
(bi-monthly)
Co.,
4-15
5-
__
Service
4-14*
2
5-
1
$1
American President Lines, 5%
American Seating Co.
(quar.)
Extra
•
American
2
25c
Inc
Co., Ltd.
preferred (quar.)
News
5-
$2.50
Metal
4%%
American
$1.50
..
preferred
5%
1.<|
$30c
Electric
California
6
5-
*
30c
-
Co.,
5-
$3
4-21*
5-14
10c
■
,
(s-a)
5-16
5c
.
(quar.),,,
Products
2nd
California
5
2
$$.50-^4
Burroughs Adding Machine Co, (quar.),,_—
20c
Butler Brothers, 4'A% preferred
(quar.)___
$1.12ya
Byers (A. M.) Co., 7% preferred (quar.),! -:
$1.75
Byron Jackson Co.
(quar.),,,
i____
50c
Caldwell Linen Mills, common
(quar.)
, •
$20c
$1.50 1st preferred (quar.)
1
$37c
4-21
$1*25
1
5-
„
(quar.),,,,
Corp,—
preferred (initial quar.)
Business
,25c
—
40c
Co.
American
5r
2 5c^,^,.j 5-.[
(quar.)
Louis)—
*
4-16
I
V
'
—
25c
(participating)i#:''!$30c ".^ 10-28<
Class
4-15.
/:
4-20;
5
$0c
,
(qimr.)__——
preferred
)^f<yr^Consolidated.
(participating)
4-30
$25c
2
5-> 1
20c
.
pfdlMquar.)Consolidated Chemical Industries;^ Ino.—
$1,50' class A participating preferences-
4-15
pref,
5-2
American Bosch
New 5%
A
5-14
.
5-
.
20c
'^■^fe^'^'^GO'nsolidated Dry Goods (extra).,,——-_
,
Buckeye Steel CastingSj common—
6% preferred (quar.)
;
Brown Company,
$6 .preferred' (accum;) 1— A
Buffalo National Corp.- (liquidating)
Bullock's, Inc. (Los Angeles), 4% pfd. (quar.) v
Burns & Co., Ltd.—
Class
6-15
6-10
4-
Electric—
Ohio
Consolidated
5-1
•
1
5/
.
37%c
,
$$1.75
——
________
9-15
6-
Columbia Telephone Co.—
preferred (quar.)——"
30c
quarterly
American Book
,
;
'
t-
(accum.)_•_—_———_——
preferred
$1.90
Connecticufc
6-2
8
2nd
12%c
referred~(quar,)__
Portland Cement (quar.),
Aluminum Co. of Canada, Ltd.— ;
4%
preferred (quar.)
American Airlines, $3.50 preferred
Increased
10-
25c
Alpha
Amer.
4-29
4-20
2
»
$2.50
Inc;
>
6-.1
-
—
Alloy Cast Steoi Co.
'Almagamated Sugar,. 5%
4-15
2
5-
16c
CO.—
5-23
6-
L.
4-27
6-13
(accum.)—
7-8
7-
preferred
$2
4-21
ioa
4-22
7-
20c..
—-—-————
Southern
&
Concord Gas Co,
Mills Corp
4-21
lOd
v
2
5-15
30c
Connecticut-Light & Power,
Ltd.—
Broadway Department Store, Inc.—
(Los Angeles)., common (quar.)
Class B (quar.)
_!
5-18
5-16
'
$1
Corp.
Agnew Surpass Shoe- Stores, Ltd.,™
Air-»Way Electric Appliance Corp._„^_,
b%
5-16
25C
6%
Payable of Rev.
20©
...
—
Adanis-MiUis
Akron
When- Holdert
Shot*:
•
Co.,
Ordinary* (final)
Ordinary registered (final)-:
:—!_—_—
British-Columbifi Pulp &. Paper, Ltd.—
7%
,
Tobacco
5-20
5-20
5-
20c
:
—j—
Cone
4-29
$60c
v;':
4-
,
_——
$5 ' preferred
4-30
6-1
$$1
Ltd.——'.
2
6-17
,
$20c
National Life Ins. Co.
Commonwealth
2
$30c
Below
$6
Ltd.
—
of
...5-
2
55c
Ltd.—
Quarterly 11——
4-30
5-14
$$1.50
—
Light & Power Co.,
•,
1
5-
$1.12%
Co
Commonwealth & Southern Corp.
4-29
5•
5-14
5-15
7-
15c
Co. Aquar.)
Commonwealth "International -Corp.,
4-U
5-16
—
5-15
30c
Commonwealth' Edison
2
5-
15c
2Dc
preferred
4»A%
4-20
5-
5-23
i'*'
4-20
$1
25c
*
8-15_
1
common
(quar.)
Semi-annual /
Columbus
5-18
$1
(quar.)—
—
—i—
Distillers
1
70c
common
(quar.)
Traction,
Common
Columbian
1
.
—
1
6-
.
.
—
(quar.)
9-
$1.37%
,Colgate-Palraolive-Peet Co., common (quar.)
'■
$3.50
preferred
(quar.)—
Columbia Gas System,.Inc, (increased quar.)
Columbia Pictures Corp., $4.25 pfd. (quar.)
4-30
5-16
Products
Common-:(quar.)
4-30
25c
(quar.)——".
(quar.)
Co.
5-16
16c
&
$1.20
7-12
8-1
50c
—
7-20
1
Cockshutt Plow Co.—
•
—
8-1
40c
A,.,(quar.)—
preferred
(quar.)—,
7-15
2
5-25
Brewers
,
Class
5-
$25c
8
4-15
;
$1.25
Coast.Breweries,, Ltd.
(quar.)
———
Cochrane-Dunlop Hardware, • Ltd.—
2
5-
50c
9-
5-16
•
6-
——
(guar.)——Cleveland Hobbing Machine,,—
Clinton Industries
(monthly),—-—
Monthly-.
—1
Monthly
——
Club. Aluminum
4-14
2
50c
—
10-14
8
$1.25
preferred
,
5-16
1
20c
Semi-annual,:
5-16
: -
6-
•
6-10
4-26
—
(quar.)
Boston
Brazilian
4
.
.
2
2
—
Edison
Class
5-16
5-11
7-
$3
8
4-Z«
J
(quar.),——
common
(quar.)
A
$4.50
6-10
7-
5-
Company (quar.)
Corp., 5% preferred (quar.).—
(Sidney) & Co. (quar.)
Mills
Class
4-20
25c
6-
•
30c
Cleveland Electric Illuminating Co.,
4-20
25c
(quar.),—
___r,
Co.
preferred
5-
5-
Bourjois, Inc., $2.75 pref. (quar.)683Ac
Bowes Co., Ltd., class A, (quar.)——_____
$12'Ac
4-21
$1.60
$1.25
——
Inc.„j-
75c
35c
(quar.>
Fisheries Corp.,
Boott
4-21 *
2
5-31
J
4
(s-a)l
W.)
Boston
Extra
■a
Booth
5-2
•.,'■>
4
5-
(quar.)
Electric
Ribbon
4%
preferred:- (quar.)
Worsted
(quar.)i—_—
5-
6-
30c
pref.
conv.
(quar.)„_
(E.
Blue
5-16
$1.25
preference registered (s-a)
Wrxsley (Alan B.) Company—
4% 1st preferred (quar.)
6-
City Stores,
Sons, Ltd.—
(quar.)
Blumentha!
6%
Young (Thomas) Orchids,
Youngstown Sheet & Tube
1
6-
4-13
$1.183A
preferred
(Phila.), common
preferred (quar.)
$3
9
Co.—
convertible preferred series A
Woolworth (F. W.) & Co., Ltd.—.
2nd
4-
4-29
4-15..
1
;»
7-15
$2
preferred (s-a)
-------New Orleans & Texas Pacific
preferred (quar.)
5% preferred (quar.)
—
City Auto Stamping Co
-—
—
City Investing Co., common (quar.)——;—
5%% preferred (quar.)
3
50c
Blauner's
9
Bliss
5%
Wyandotte
4-30
&
Company
Birtman
5-9
4-30
Ltd.—
(Geo.),
4%%
5-9
6-1
$12%c
12 %c
(quar.)
B
Weston
6-1
95c
A
(John)
B
&
9-
2
(quar.)—
common
4-25
35c
Cincinnati,
12-13
2
(quar.)—
$2
preference
A
Class
Best
$6
Co.
Hedges,
conv.
Class
5-9
87%c
class
&
Bertram
5-27
6-1
Corp.,
W'atch
$2
5-13
6-13
Beneficial
Benrus
5-27
25c
common,
(quar.)_
Paper, Ltd.,
1
25c
—
3.80%
6-
Corp.,
2
25c
5%
5-
Works,,I
Iron
Benson
4-26
6-13
75c
Extra
Westminster
4-30
Shoo
preferred
Belmont
Inc.—
(quar.)
Sugar
5-16
1
1-2-50
$1.50
(quar.),,
Belding Heininway Co. (quar.)
75c
35c
10-
4-
5-
4%
5-
—
43A'
6-14
5-
•
.
Co., class A (quar.),—
preferred
(quar.)—.
S.)
4-20
1
$37'Ac
(quar.)
*
(A.
2
7-
Cincinnati
Cincinnati
l°c
—
Lumber
$1.40
Beck
5-
1
25C
"(quar.)
—
Gas & Electric Co
Inter-Terminal RR. Co.—
Common
4-20
4-20
$50c
(quar.)
(reduced)—;
Apartments, $3 prior pfd. (quar.)
preferred (quar.)
1st
Beaver
6-3
$1.13
D.) Company, common
preferred
(quar.)__
*
Beaux-Arts
5-13
I
A
2
2
5-
50c
(quar.)
Common
_
$12'Ac
Co.
Extra
4-15
5-
5-16
15c
Mines.
—
4-20
5-
$5c
Corp.
Chicago
$
&
Class
5-14
6- 1
—:—,—
(S.
$4.50
4%
6-
25c
2
2
83Ac
83Ac
83Ac
$1
Innes, Ltd., $1 class A (s-a)
Bathurst Power & Paper Co., Ltd.---
5-14
1
—
Bates
5-
5-
Corp.—
(quar.)
(quar.)—1
(quar.)
Co., $4 preferred
Mfg.
Oil
Bareco
1
(Northam)
W'arren
West
6-
6-
115c
Corp.—
$3 convertible preferred (quar.)
.'
5-16
1
G-15
22%c
—
Dare
6-
25c
Steel
preferred
Barcalo
$1.06%
—
Universal
5-16
6#
preferred
7%
5-13
1
Porcelain
preferred
7%
5-10
6-
6%
1
6'Ac
flic
preferred (quar.)
preferred
(quar.)
7%
6-
6%
prior
Baltimore
Pictures
Virginia
preferred
4-16
When
Holdert *
Payable 0} Rec.
Share
of Company
Ltd
—
(quar.),
——————
Chicago Wilmington & Franklin CoalQuarterly
—
Uhickasha Cotton Oil
4-20
2
Machines—
tl5c
r-
Insurance
Universal
$2.25
1
5-
25c
56'Ac
(quar.)_
(quar.)—
5-
30c
(stock
6-10
(quar.)
Special
Universal
Corp.,
60c
(s-a)
Co.
Mfg.
Common
Name
Chestervllle
30c
dividend)
Class A (stock dividend)—
—
Oil
1
America
of
$1.50
$1.75
(increased)—,—
Corp., common
preferred, (quar.)
Truck
S.
25c
Co.
Per
Payable of Rec.
Share
Co., Inc.—
prior preferred (quar.)_
prior preference
(quar.)
Canteen
-.
—-
Steel
S.
1%
U.
Automatic
—
—
Extra
U.
Austin, Nichols &
Monday,. May 2, 1949
Holdert
When
Per
Name of Company
6-30
(s-a)
CHRONICLE
FINANCIAL
&
Holdert
65c
~
S.
When
(s-a)__
iquar.)
(Phila.)
S.
U.
(The)
Payable of Rec.
Share
„■
Co.
Improvement
COMMERCIAL
7-
1
6-20
$30c
5-
2
3-31,
4-15
17c
5-
2
12 %c
5-
2
4-20
5-15
4-30
$30c
2
4-25
$1
' 5-14
4-30
•25c
'5- 2
4-13
5c
5-
v»
.
When
Per
of Company
Name
'
6%
g <ij0
Mo
1
6%
$1.50
12-15
12-
1
4-15
Harrison
$1.50
8-
1
7-15
Hartford
Electric
11-
1
10-14
$1.25
5-23
4-22
5-25
5-14
Hays Corp., 5%
pfd. (accum.) _
Sugar Associates, $5
Edgewater Steel Co., common
(monthly)__ __
preferred (quar.)
Elastic Stop Nut Corp. of
7%
preferred
2
67o
conv.
4-20
Hercules
Powder
(quar.)_
5- 2
4-20
$1.25
5-
2
4-15
Taylor, ;8 7c 2nd preferred (quar.)
Louisville & Nashville RR. Co. (quar.)
1
5-12
20c
6-
1
5-14
Louisiana
6-
60c
7-15
7-
1
6-15
$1.25
6-
1
5-13
25C
5-15
5-
5-15
5-
4-21
Lucky
1
4-20
Lukens
5-
2
4-
mmm
2
j5%
convertible preferred (quar.)_T
Holt
(Henry)
&
20c
5-15
5-
2
37V2C
5-15
5-
2
$1
;
Holyoke Street Ry. Co., pfd.
Oil
Home
9-
1
8-15
1
11-15
5-
1
4-
5-
2
4-20
5-
2
4-15
6 To
7-
1
6-10
Horn
7-
1
6-15
preferred
$4.25
$4.50 conv.
9
10-
$2.50
Co.
$4
•
6-
2
6-
2
4-14
5-15
4-30
5-15
4-30
Mahoning
5-
2
4-12
5-
1
4-22
Manitoba
5-
2
4-15
25c
6-
1
5-
7
6-
1
5-
7
25C
5-
2
4-20
4-18
5-14
4-18
5%
quar
-
—
Idaho
Power
6-
1
$1.50
7-
1
preferred
Illinois
5-14
Co.,
Co.
12-30
12-20
.
■
(quar.)
$1.50
9-
1
1
11-20
$1.12 Va
C-
1
5-11
93 %c
5-
1
4-15
5-
15c
5-
t25c
5-
2
3-22
50c
5r
2
4-15
30c
-
6-
1
5-17
Institutional
10c
5-
1
4-20
Stock
5-
1
4-20
Aviation
-
Bond
25c
'67c
Freiman
preferred (quar V._—
telegraph Co. - (s-a) ———,(A. J.);, Ltd., common (quar.)——
(qqar;)
—
Securities Corp.—'
preferred
$3.50
Gabriel
Ccimpany,
-
•
6%
preferred
preferred' ,(quar.)—
6 7o
preferred
(quar.%
——_
—
Gale
&
$1.50
Ga'mewell Co.
2
'30c
6-10
30c
2
4-
4
5-
2
4-
5-
2
4-15
.6-
1
5-11*
15c
———
'25c
1
4-20
"5- 6
5-
5-16
75c
7-15
6-15
5-21
4-30
'^.. Participating
1
5-
1
Southern Utilities
Iron
Fireman
Mfg.
Corp.—-
A
5%
preferred
convertible
Corp.,
Foods
General
common
1
5-25
Mickelberry's Food
5-
4
4-25
15c
5-
2
$2.40 preferred
(quar.)——
Mid-Continent Petroleum Corp.
25c
5-
2
V
'
2
General Paint.
■/
Class
'
5%
B
$5.50
$1
5-
2
4-15
5-16
4-25
5-
2
4-15
20C
7-
1
6-25
2c
5-
2
4-20
2
4-20
5-
2
4-11
5-5
Johnson
4-
5-
2
5-
2
2
-
5-
Goodall
67f
5-16
5-
7-15
6-29
$50c
7-15
6-29
3-31
5-
2
5-
2
2
3-31
5-16
4-14
Kresge
5-15
4-18
Kress
2
4-4
Kroehler
5-13
4-29
5-
(H. L.)
$1.25
•
8
»
1
»
$1
6-15
6-15
5-16
40c
5-
5-16
4-29
25c
5-13
4-28
1
9-20
Lees
5-13
1
5%
convertible
Griess-Pfleger
Gulf,
Brewery
Lime
Quarterly
&
Co.—
Hale
Lerner
2
$5 preferred
$1.25
•
.
*
B
Extra
Slock
pfd,
Savers
Corp.———-—r———
Inc.
.Ml-
1
12-
1
25c
J—
Co.,
(Calif.)
Ltd
class
.
6-
1
t22VaC
(quar.)
——
class A
9
6-
1
4-20
$3
5-
2
4-30
5-
2
4-15
6-15
5-25
4-15*
2
4-29
6-
1
5-10
5-16
4-29
2
4-20
6-10
5-25
5-16
4-18
6-
2
——
1
1
5-12
5-
1
4-23
8-
1
7-23
30c
11-
1
10-24
4-14
50c
5-
2
5-
2
4-14
5-10
$1.10
6-10
5-24
$1.10
9-10
8-23
$1.10
12-10
11-24
3-10-50
2-21
6-10
5-24
5-10
1
5-16
6-
1
5-16
5-16
6-
1
6-
1
5-16
6-30
GrlO
4%
6-10
5-
1
Miami
RR.
Co.,
original capital
Original capital
Original capital
Original capital
Special guaranteed
Special guaranteed
Bpecial
Special
—
;
(quar.)——:
(quar.)
guaranteed (quar.)
guaranteed (quar.)
$1.10
—
50c
—
50c
50c
50c
6-15
5-25
..
£-31
8-31
8-19
11-17
He
4-30
4-22
6-11
5-16
7-
6-11
9-10
8-23
12-10
11-24
3-10-50
2-21
1
5-16
6-15
75c
6-
1
5-19
$25c
5-
2
4-15
6-15
5-15
50c
6-15
5-15
6-15
5-14
.
4-16
5-
25c
(quar.)——
1
2
6-20
9-20
•v
C"
Inc.
held.——
shares
10-
2
25c
7-
2
250
10-
2
9-20
$15c
6-30
6-31
20c
5-10
4-20
5-15
4-22
-
5-15
4-22
'
37 VaC
5-15
4-22
2
4-18
2
4*. 1
30c
25c
5!
5-
—
Ltd.,
(Robert),
2
4-20
2
6—16
6-15
6-15
$50c
12-15
11-15
5-
2
4-15
$1.10
pfd. (quar.)
$1.20
5-
2
4-15
$1.62'/a
6-
1
5-10
$1.50
preferred series A (s-a)
Power, $6 preferred (quar.)
A
5-
2
4-11
5-16
75c
5-
2
5c
1
4-18
56 %C
(quar.)
55-
1
4-18
(s-a)——.
62Mac
5-20
50c
preferred (quar.)_______———
Products
Corp.
(quar.)
—
common
4^15
5-
7-
$50c
-
Morrison-Knudsen,
2
10c
common
conv.
•
5-
2
5M
4-15
Mining
Oil,
&
50c
5-16
5-
lc
Diablo
5-31
5-10
2
Development
Co.
lc
(s-a)
Line, Inc., new common (initial) —
Murphy (G. C.) Company (quar.)
Muskegon Motor Specialties Co.—
$2 class A convertible preference
(quar.)
Mutual Chemical Co. of America—.
Munson
5-15
6-15
5-20
5-10
5-15
37'/ac
6-
1
5-16
50c
6-
1
5-16
■
$1.50
(quar.)
(quar.)
6%
(quar.)
Mutual Telephone Co.
(Hawaii) —
4.8%
preferred A (quar.)
4.8%
preferred A (quar.)
4.8% preferred A (quar.)—.
Narragansett Electric. 4%% pfd. (quar.) —
Nathan Straus-Duparquet, Inc.
(quar.) —
6%
6%
5-10
6-15
50c
—
Producers
5-31
35c
35c
Extra
Mountain
preferred
preferred
preferred
6-28
»
6-16
$1.50
9-28
9-15
$1.50
12-28
12-15
12c
6-12
5-23
12c
9-12
8-23
12c
12-12
11-23
2
4-15
5- 1
4-15
56 %c
25c
5-
50c
1
4-15
5-
2
4-15
62%C
(Colo.) series B_
National Alfalfa Dehydrating & Milling—
5%
preferred (quar.)
National Automotive Fibres, Inc. (quar.) —
5-
7c
•—---
Nation-Wide Securities Co.
6-
1
Battery
5-;e,
5-10 '
Co
Biscuit Co., common
preferred (quar.)
National
7%
25c
•
—
6-
1
75c
5-
2
40c.
National
-
\
t$l
Common
Monongahela Power Co., 4.40%
4.80% preferred B (quar.)
Monsanto Chemical Co.
preferred
5-
$1.50
(quar.)
preferred
6-20
$i.37ya
Mississippi Shipping Co. (extra)
Mitchell (J. S.)
Co., Ltd.—
Mount
t
4-15
Mississippi Power & Light—
Motor
'
\
t
2
5-
37 %c
5%
"6-/1
11-30
(quar.)
$2.25
5-/2
?
—
Extra
Little
6-
6-
30c
30c
Quarterly
6-30
15c
4-16
5-12
87yac
$1
stock-
5i
40c
5-14
6-
25c
in
5-10
4-25
—
class A and class B__
payable
V
50C
50c
(quar.)
dividend
2
-1
25c
A
-—I—
on
1
5-
17c
-
—
6-
25c
(quar.)
(reduced
Co.
4-18
25c
—
Stores
2
75c
1
•7f.
(,s-a)
4-29
50c
2
8-
1
1
4-19
4c
5-10
$1
5-
69-
5-21
5-2
50c
4-18
5-23
6-»6
6-15
$1.10
(quar.)
2
5-
5-16
6-15
s-
5c
5-
1
4-15
;60c
$3.25
5-
1
1
$1.12%
prior preferred (quar.)
$1 prior preferred (quar.)
Mining Corp of Canada, Ltd. (initial)
Minneapolis Gas Co
Minneapolis-Moline Co., com. (initial quar.)
$5.50 1st preferred (initial quar.).
$1.50 conv. 2nd preferred (initial quar,).
Minneapolis & St. Louis Ry.
—
Mission Corporation (stock dividend) —
One share of Mission Development Co. for
Mitchell
4-30
5-
7-
1st
5-26
1
6-
37 %C
6 To
4-20
5-14
$i.i2ya
Moody's Investors Service, Inc.—
$3 participating preferred
(quar.)——
Morris Plan Co. of America, common——
$1.12 Va
2
5-
6-15
$5c
Montana
5-
4-22
37 Vac
^
6-15
2
2
20c
—
5-10
5-
4-22
5-
(quar.)
two
2
2
10c
(s-a).
Rubber Reclaiming
each
5-
5-
$15c
(quar.)——
12-21
t2c
Cement Co. (quar.)__—
Mines,
Corp.—
common
1
5-31
$
5-15
■'
1
50c
6-15
;
6-
5-
7-
25c
7-
25c
Libbey-Owens-Ford Glass Co. (quar.)
Libby, McNeil & Libby (s-a)—
Life
12-28
96y4c
(quar.)
Ltd. (quar.)
Stores Corp., 4%% pfd. (quar.)—
Gold
9-21
$1
'
Ltd.
—__1
year-end
6-10
6-30
$25c
Extra
Class
v
4-15
.
$25c
Cotton
Hancock Oil
4-15
2
Mines,' Ltd.
Hamilton
,
Leitch
$25c
Brothers
J Hallnor
Lehigh Portland
9
5-
J.
Brothers
Halle
9
5-
5-
Quarterly
'
5-
,
of Canada,
Realty
5-27
50c
Alabastine
3.85%
5-27
______
Quarterly
(James)
6-22
9-27
56 %c
:
(M.
Lefcourt
37yac
Co.
Lamston
4-15
1
(quar.)—
(quar.)
preferred
Tanning
5-
25c
:
10-
50c
•—-—
Mobile & Ohio RR.,
Gypsum
,
$30c
*;
6-28
$12c
'
6-
5-10
35c
H.), Inc., $6 pfd. (s-a)__
Lane Bryant, Inc., iVaTo preferred (qu
Lanett Bleachery & Dye Works
Lee Rubber & Tire Corp.
(quar.)
t$l
4-11
5-24
1
35c
(quar.)_—
4-15
2
2
6-
31 %C
,)
Christy Co.
4-15
4-15
6-13
10c
56y4c
(quar.)
'
(quar.)
2
Laclede
3-31
2
5-
4-$ 2
4-29
$1.62%
60c
.A
dividend
Griesedieck-Western
V.
preferred
5-16
$1.25
2nd
7%
2
4-30
5-
1
i
—
$1.50
$1.75
—
5-
5-
5-25
$1.12 y2
—
4-
5-2
20c
6-15
$1.12%
4-
5-14
4-25
$1.12 y2
-
5-26
5-14
4-19
2
Co.,
5-
2
1
50c
M.
4-25
15c
-—
(quar.)
Mfg.
1
50c
•
St Company
5-30
25c
62yac
5%
Co.
4Va To
5-13
5-
$1.50
.)
(quar.) —
(quar.)__.
Company
1
5-
J2c
,
'
Ltd.—
Company
Union
Stock
S.)
H.)
preferred A (quar.)
preferred A (quar.)
-iVaTo
13c
preferred (quar.)
—
Great Lakes Dredge & Dock -(quar.)
Grand
(S.
6-
6-
10c
$1.371/z
(S.
.
6-15
34 % c
preferred (quar.)_
Kokomo Water Works, 6 To preferred 1
t$1.25
$2.25
.Green
1
$1
MM*
3-31
Grayson-Robinson Stores, Inc.—
'
5-13
25c
1);
6-29
5-
t20c
(quar.)
Co.,
1
$20
(quar.)_
———.
(quar.)
(quar.)_;
*u'-\
7-15
$1
.
•
Kings County Trust Co.
20c
preferred'
Felt
& Co.
(Julius)
Kayser
$1.37 y2
Goodyear Tire & Rubber, common (quar.)—
.-V" $5 convertible preferred (quar.)——;
:t Gotham Hosiery Co., Inc. (quar.t
———
Granby Consolidated
Mining,
Smelting &
Power Co.,
Ltd,, common (increased) —
:.,1 Great West
2
$2.50
Co.
2
6-
$1
$1.50
(quar.)————i
Rubber
5-
Light—
Power &
2
5-16
$$2.50
(quar.)
certificates
—
A.) Cq., preferred (s-a)
'
City
Kingan & Company, common
Utilities Corp.
preferred '
25c
5-20
5-
6
4-12
55-
Common
4-19
2
5-15
25c
$1
:
1
5-
37VaC
25c
—u_—
& Hart,
4-21
6-1
Common
95c
4-11
6-11
5-
5-16
5c
•
35c
5-
3c
4-11
37VaC
^ Gillette Safety Razor Co., common (quar.)_
$5
-I
8*
$1.50
'
American
(S.
(quar.)_^
(s-a)_—.
Co.
Ranch Royalty
——
(quar.)————,—
preferred (quar.)
—
(quar.),
General Steel Wares Co., Ltd., com.
(quar.)
5% preferred'(quar.)—
—
General Tin Investments, Ltd.—
Gerrard
Refining
Oil
Johnson
5-14
Miller
4-
2
$1.12 »/a
Corp., Ltd.
Co., common
preferred
8%
4-11
I
Midwest
"
preferred
Public
5-
87y2c
-
& Johnson—
Johnson
Kansas
convertible
$4
General
pfd. (qua
4-1
2
5-
$1
—
Extra
•': ;87V2C
$1.25
-
pfd.
$6
7-18
2
5-
75c
'
45c
—!——
Co
Pacific Grain
&
Midwest Oil
4-18
1
"
(s-a)
Service,
Public
2
8-
5-10
933/4C
III—II—IIII—IIIII——I—
preferred
General
5-
93 %c
5-10
Product^ Mfg. Gorp., Ltd.
General
93 %C
5-25
50c
(quar.)—_———_______
Corp. (quar.)__————
'
3VaVo
Midland
'
v
'•"
*«*
_...—
(quar.)——
5-
J >
62 Vac
_____
Products,
Abrasive
Mid-West
6
5-25
12 Vac
—
preferred
'
preferred
Johns-Manville Corp.,
J50c
"6%
preferred (quar.)
87'/2c
;
(quar.)
—
Advertising—
(increased)
Common
5-
3%%
6-
5-16
50c
(quar.)—
Outdoor
General
-13
5-13
4-11
1
6-20
60c
.•*
.
$1
preferred
t5
'
'
5
1
6-
5-
$1
—
"
3%%
Inc.
Mills,
3-25
r
6-15
25c
$1.75
(quar.)_——————
; General Motors Corp., $3.75 pfd. (quar.)__
General
,(quar.)
6-
25c
(quar.)„
Bakeries
Michigan
$1.25
—
1
37VaC
_____
$1.06%
(quar.)„_
1
37Mac
—
—
3-28
t
912-
$50%c
—______
2
4-18
43 %c
$1.75
(quar.)
7V2C
(quar.)—
preferred
$3.50
General Industries Co.
(quar.)
Preferred
(quar.)
5-
(s-a)——
C
-Preferred
8^10
1
15c
Michigan Gas & Electric Co.—
4.40 %
preferred jquar.)
1—,
(s-a)
Preferred
4-15
B
(quar.) —
/ Jersey Central Power & Light—
4%
preferred (quar.)
Jewel Tea Co., common (quar.)
4-.15
6-
43 %C
Meyercord Company (quar.) ______________
Miami Bridge Co.r (quar.) _—
Mica Co. of Canada, Ltd.,
—-—
Michaels, Stern .^sjCo., Inc.—
11-10
A
2
——
1
preferred
5-
—
—_—
Co.,
1
•
preferred
Corp.
Brewing
i
(increased quar.)-,.—
47o
,
.
Metz
9-
4V4%, preferred
4-15
50c
—
5-
5 To
2
.
(War.)
A
12-
'
Common
preferred
30c
pp., .common—————
preferred (quar.)^_---—i—-—-----Finance
7-19
Va To
30c
-
5-
_______
preferred (quar.)
Mills, Ltd. (reduced quar.)_
Scott—
20c
,
—
4-15
$ 15c
(quar.)
common
2
.General. Cigar
|7%
Co.,
Stores
5-
Quarterly
6-15
2
—
4-20
' \\
1
5-
_____
2
)' i '
4-8
7-
4-20
(Calif.)—:
5-
'
General
:
4-15
1
$10c
——
5-15
'
'
1
2
$50c
—
(quar.)
5-10
1
5-
5-
Inc.
$1.06%
preferred
•
clears <tll arrears)
Gardner Denver Co., 4% preferred (quar.) _
General
American
Transportation Corp.—
;
$4.25 preferred series A (quar.)
—--.General Baking Cq.< common—
General Cable Corp., common.-—
payment
" (This
preferred
5-16
66-
4-15
$25c
(quar.)___—
common
(s-a)
$1.12%
$i
"V
Industrie^,1 4%%
Wood
Gar
Telephone,
7-19
1
25C
"T.
(quar.)__„—,
'
[
*
8-
30c
(Del.
Co.
.
2
(increased quar.)——
Frank Co.,
Messenger
1
•t
4-18
8- 1
25c
—^
Iowa
6
5-
25c
37yac V;
.
4-18
37y2c
(quar.)
Participating
5-
—
.
preferred (quar.)
7 To
15c
Participating
1
—
preferred (quar.)—:—
4-20
5-16
5-
37'/2<5
———
(guar.
preferred
participating
1
12-
1
4-32
50c
(quar.)——
Merritt Chapman &
t75c
r,
1
(Baltimore)
Mercury
1
'6
~
6-15
6-
'
&
5%
7%c
.
1
$1
Stores Co.
Mercantile
\ Investment Foundation, Ltd.—
6%
convertible preferred
(quar.) —
Investors Stock Fund, Inc. (quar.)
Investors Trust Co. of Rhode Island—
8-19
9-10
5-
;
Co.—
6-
2
7-
433/4c
Mercantile)Acceptance Corp.
4
6-15
5-
$1.50
■
preferred
4To
5-
40c
4-20
40c
—
(quar.)—
Melville Shoe Corp., common (quar.)
!
$8%c
;
5-20
12-20
-
5
25c
5-20
5-
5 To
Meier
t$1.75
.
4-15
•6-10
30c
•v
(quar.U—
CO.; common (quar.)
preferred A (quar.)
5-2
10c
,
%7o
5-
—
4-15
•
I2V3C
-
'
1
4-18
87j/2C
(quar.)_——
common
6-
2
—
Meadville
4-20
$L.75
6-20
5-
75C
preferred (quar.)
■> McLellan
Extra
4-20
1
4-20
5-
-
(quar.)—
«
5% conv;- pfd.
(quar.)
Cp„
(Robert)
.Gair
International Resistance
I
5-
-
'
'
4-20
25c
(quar.)-——iil—i——'——
Fqllerton Oil Co.
F'uiton Industrial
4-25
5-
$1.25
tUVzt
1
5-
5-10
1
Ltd.—
Co.,
McGraw Electric Co.
6-15
7-
30c
9-15
7-
(quar.)_
1st preferred
$6
(quar.)
Co., Ltd., preferred (s-a)
M.)
Extra
4-30
27yac
'
1
5-31
(quar.)
7To preferred (quar.)
McCormick Sz Company
4-30
5-31
$1.12 '/2
—
9-1$
10-
r—~
Bru^h Co.,
Class AA iquar.)————
Fuller
[
4-15
4-25
6-15
$$1.12%
class A (quar.) _—i——
"25c
SI
iVa %'• preferred
.
555-
5-
7-
37y2o
prior
Franklin
5-16
5-31
25c
Group
Group
...
(quar.)
preferred
prlop
67o
2
12i/2C
?
Shares—
and
(increased)—
Insurance Exchange Building (Chicago)
Interchemical Cqrp., commonpreferred
(quar.)
International Harvester Co., 7 To pfd. (qua) )
International-Nickel Co." of Canada, Ltd.7 To
preferred
(qvar.)
7%
preferred ($5 par) (quar.)
37>/aC
3*
5-20
40c
Mclntyre Porcupine Mines, Ltd. (quar.)T—
'
|:
4-11
.
4-13
10-
$$3
—
7To
4% prfeferred (quar.)
—
/Indiana Associated Telephone Corp.—
;
$2 preferred .(quar.)—:
4-20
1
1
5-20
4-
4
10c
common
McCabe Grain Co., Ltd., class B——
Class A (quar,)
——
McCall
Corporation (quar.)
McClatchy Newspapers 7% pfd. (quar.)
,v
Co. of Canada, Ltd.—
/ Imperial Tobacco
15C
_1
4-11
2
5-
$12 VaC
Chemical
(L.
4
5-
6-10
25c
—
preferred
5To
4-15
2
5-
-
/Indiana Gas & Water Co.,(quar.)
——————
Convertible preferred (quar.).
'.Foster
& Kleiser .Co.
(quar.)
Foster-Wheeler Gorjl, •" •
2
5-
15c
*
8-20
12-
*
5-
20c
$1.50
Ltd.
McBrine
$1
—
Realization
preference
$3
6-30
50c
—
5-25
$1.06%
$5
preferred
Maytag Company,
4-25
8-
45c
5-20
Power
1
5-20
$25c
...
(quar.)—
20c
5-31
5-13
35c
McArthur
(quar.).
common
5-
$1.25
Corporation,
Maxwell,
Corp.—
Hydro-Electric Securities
5To preferred (s-a)_
$1.12 y2
Machinery & Chemical Corp.—
-preferred
(quar.)—-—
Machine Corp.—
preferred
9-20
2
5-15
(quar.)—
————
Marine Bancorporation (Seattle)—
Fully participating (quar.)
!
Initial stock (quar.)
—
6-20
9-30
$1.25
4-15
4-25
5-
6-30
$1.25
4 To
3% 7f>"-
iquf^r.),
1
7
25c
1
$1.25
4-1.5
6-15
R.) & Co., Inc. (quar.)
Sugar, 6% preferred (accum.)
Mar-Tex
5
6-15
6-17
25c
(quar.)—
5%
2
5-
5-16
Co
Investment
5-
1
$$1.25
Mallory (P.
56 %c
5-16
—
Macy (R. H.) Company Inc.—
4'ATo preferred A (quar.)
•
$1.25
5-
3
2
u
3c
7
Marathon
r
-$1.50
7-
Co.—
3
6-
4-18
$3
Vac
50c
4-19
•6-25
4-30
(s-a)
(Phila.)
Insurance Co.
6-29
8-11
2
5-
J5C
,
Common ■
8-16
t$l
J$1.63
Grain, .Ltd., 6Vs%pfd. (accum.) —
Fefro
Enamel Corp.—
Fibreboard Products, Inc.—
6% prior preferred (quar.)—^—
"56"
Petroleum
Corp..—.—.....—Fire Association; of Philadelphia
(s-a)
Firemen's Insurance Co. (Newark, N. J.) —
Semi-annual '
Firestone Tire 4c Rubber Co.—-.' -V
4Va To preferred • (quar.)
Fitzslmmons Stores, Ltd. 67 1st pfd. (quar.)
6% 1st preferred (quar.):
____—
6%
1st preferred (quar.) _—
—
■Florida Power & Light, 4%% pfd. (quar.).
5-
5-16
$1
Lighting & Power
preferred
(quar.)
4-22
,—
Lynch Corporation
Lynchburg & Abingdon Telegraph Co. (s-a)_
M. J. & M. & M. Consolidated (s-a)
M & M Woodworking Co.
(quar.)
•Mackinnon Structural Steel Co., Ltd.—
5% preferred (quar.)
Mackintosh-Hemphill Co.
5-
(Joseph), Co
4-11
5-14
30c
5-
—
2
2
50c
12 Vac
(quar.)—
Sons
2
5-
6-13
88c
$1.50
Inc.
(quar.)—
(quar.)
$1.50
!
Y.)
(N.
4-16
Co.
Lumbermen's
25c
Hardart
2
4-30
Steel
25c
preferred (quar.)
&
Houston
9-15
1
(M.)
Stores,
62y2c
common
5-
5-16
5-20
6-29
4-22
$2
—
$1.75
5-14
30C
5-
$1.75
1
5- "5
5-27
$1.06%
1
5-
5-16
6-15
$1.12>/2
(quar.)
6-
5-16
5-
30c
5-13
50c
5-15
5-14
—
1
15c
f25c
(quar.)
(quar.)
preferred A
1
6-
4-10
6-
10c
3iy4c
--
Co., common (quar.•")
Horder's, Inc. (quar.)
Hormel (Geo. A.)
& Co.,
Home
$2.50
25c
—
Ltd.——'—
Co.,
Hooker .Electrochemical
12-
$1.25
—
5-13
1
6-
(quar.)
A
4-18
1
9
4-
2
2
6-
9
Company,
class
non-cum.
5-
37 %C
-
1
$1.25
.
2
.
5-
(quar.)—
$6 pfd.
Light,
Power ,&
Lowenstein
2
55-
25c
B
fm
2
25c
Class
4-21
5-
noc
$ 15c
■
6-28
50c
&
31'/4C
6-28
7-15
70c
4-18
10c
——
Lord
-26c
Federal
'
(accum.)
4-25
■
.
A
4-25
of Canada (s-a)
^Foote Bros. Gear .&
Class
5-14
pfd. (quar.) __
Eederal Fire Insurance Co.
Semi-annual
Food
4-21
5-16
5-14
(quar.)———
•
1
1
9-21
12-23
30c
$1
preferred B
1
25%
37yac
5-
1
—
$1.19
N. Y.), .common
Common
(qua,r.)
:
;
5-
30c
•
6-21
7-
10-
1-2-50
$2
2
(stock dividend)-—
Long-Bell Lumber (Maryland)
4
5-
5-
—
Lone Star Steel Co.
6-
35c
(quar.)__
class A
3
„■
5-13
A (quar.)
$1.25
preferred A (quar.)
J25c
Esmond Mills, Ltd.,,5% pfd. (quar.)
$1.75
Faber, Coe & Gregg, 7% preferred (quar.).
$1.50
Fairbanks Co., *6% preferred (quar.)
$0.1856 V*
Falstaff Brewing Corp., 4V2% pid. (quar.)_$0.1856%
Farmers & Traders Life Insurance Co, (Syra-
'
Extra
4-20
Co.
'cuse,
1
6-20
.
5-20
$5
'
5-
5-21
6-30
4-22
15c
(quar.)_,
Theatres
Boston
5-1
preferred
$5
$1.25
(quar.)
preferred
Loew's
1
5-31
$2
65c
preferred A (quar,/
$5
'
'
4-15
6-
$2
30c
(quar.)——:
preferred A
2
,
—
Long-Bell Lumber Co. (Missouri) (irreg.)
Lord Baltimore Hotel, 7 To 2nd pfd. (quar.)_
—
B" (quar.)—1
*_———————
preferred; (quar.)——
$1.50 prior
Railroad
5-
(monthly)
4
$1
(monthly)____
common
5-
$1
—
(quar.)
Pipe Co.,
preferred (quar.)
8%
Hercules Steel Products Corp., common.
4-15
Credit, .class A (quar.)———
Erie
15c
Co—
HOO
8To preferred (quar.)
2
4-21
1
Class
80c
8%
4-14
5-
5-
5-
5-16
15c
——
District Electric,"8%
1
6-
.
2
4-30
4-15
2nd preferred (s-a)——————Emerson Drug. 8%
preferred (quar.)——...
Employees
5-
5-14
35c
5-14
1
6<!o
-Empire
V
Joint
Payable of Rec.
$1
(stock dividend)
Co.
Common
5c
6-15
5-
Co., com. (quar.)
& Walker Dry .Goods
IK 1st preferred (s-a).
6-10
68 %C
...
Lock
4-25
1
$1.25
6-25
America—.—
Ely
;
17V2C
__
(quar.)—.
Co.
5-
preferred (quar.)__—
Co., 5% preferred (qi
$1;12%
Electric Furnace Co., class A (quar.)
Electric'Hose &. Rubber (quar.»
Elmira & Williamsport RR.
(s-a)
-
Light
Empire
30c
41/2%
""
Hartford
21c
(monthly)
--'
Products Co., common (quar.)
Common
Ekco
5-2
(qi
(A.)
7-
Oil
Link-Belt Co.
6
7-20
$1.37 Va
Hayes Manufacturing Corp
21c
—
Eastern
preferred (quar.)
Harris
5-11
1
6-
50c
$1.50
;
& Co., 5'/2% preferred
Wholesale
(quar.),.—;
$1.50
—-
:__
preferred B (accum.)
preferred B (accum.)
6%
Common (quar.)
9-
$1.50
preferred.A (quar.)
preferred. B (accum.)
6%
1
$1.50
—.
6-
9-15
Lion
Holders
When
Per
Share
Name of Company
Payable of Rec.
Co.—
Refractories
Harbison-Walker
6-15
49
(1925)
Holders
When
Per
Share
Name of Company
$1.50
preferred A (quar.)
preferred A (quar.)_____i-
6%
CHRONICLE
^
Massachusetts Ry.—
Eastern
1
.
FINANCIAL
&
Holder1
Payable of Rec.
Share
■
COMMERCIAL
THE
Number 4799
169
Volume
7-15
6-
7
$1.75
5-27
5-
6
4-22
,
"*
•THE
(1926)
50
When
Per
Name
Share
of Company
5-
2
4-23
5-16
4-28
5-
2
4-15
5-
2
4-15
6-10
$1.50
15c
(Del.) —
$0.296875
convertible preferred (quar.)
*.,
45c
National Dairy Products Corp. (quar.)*^*—
50c
National Distillers Products
(quar.)..—
National Electric Welding Machine Co.—
5-20
2c
'
-
•
Class
A
(quar.)
Class
A
(quar.)
National
National Lead Co.—
Class-A
•
-
preferred
6%
-1
•
■
preferred
'
•
>
.
■
National
Linen
Naugatuck Water Co,
Neisner
Bros.,
2:
5-
—
5-27
4-15
.
1
$1.25
8-15
53 Vac
L-15
6-15
1.
7-
15c
.
6-15
6-15
-
7-31
5-
<,
u
2
5-16
5-
5-
2
4-16
$1.18%
5-
1
4-15
(s-a)
(quar.)—
*
interest
4-20
2
25c
5-
2
Co., common
preferred (quar.)
506
5-
1
4-20
New
Process
7%
Worsted
York
New
Brake
Air
,*
—
Co.———
Merchandising Co
New York Power & Light, 3.90% pfd.
.
i
North
share
"
5-
1
4-20
6%
1
5-13
5-
2
4-20
97 VaC
5-
2
4-15
5-
2
4-15
$1.25
5-
2
4-21
$1.25
(quar.)
5-
2
4-21
held——
Investment
6%
preferred
North
American
Norfolk
V)'-'1 4%
Normetal
Ry.
Carolina
North
7%
RR..
Illinois
Northern
$1.50
6-20
6-20
guaranteed
Northwest
-37 too
preferred (quar.)
28 %c
Airlines, Inc.,-4.6% conv. pref—/
Engineering (quar.)
;
-
7%
•_*——**—-.
Noyes
-■
6%
Cotton
4-15
1
25c
5-2
4-15
$1
5-
4-14
$1
4% preferred (quar.)
Company, common**—,
Oceanic
■4
Co.__
Ohio
Match
Co._*
Ohio
Oil
Rockland Light
Rockwell
10-
1
9-15
Rose's
/Oliver United Filters, class A
'
Class-
B
Ontario
■•■
&
—
—*
Quebec Railway
Co.
(s-a)
-
•
Pacific
i
Gas
5%
Electric
&
Mills
Power
Public
1st
Pacolet
Pan
i
&
5%
Coal
Co.,
Casualty
Increased
-
pfd.
Co.
&
common*.
—*.
$132
cum
cum.
cum.
2
5-
2
6-
2
7-
1
10-
1
62 VaC
1-1-50
25c
5-15
5- 5
25c
8-15
'
6-15
25C
A.
2-15-50
33C
cum.
preferred
(quar.)
Ltd., common (quar.)
8-15
2-15-50
$75c
3
$$1.50
*
5-
2
4-
5
$1.10
6-
1
5-
'
3.70%
preferred C
;**
(quar.)
92 VaC
——
Pennsylvania Power Co.. 4.25% pfd. (quar.)
Pennsylvania Railroad Co. (increased.)*—*
Philadelphia Company, 6% preferred (s-a i
Philadelphia Electric Co., 3.8% pfd. (quar.)
$1.06%
4.3%
preferred
4.4%
1
preferred
(quar.)
preferred (quar.)
Prior
f
'»
Petroleum
preferred
Co.,
Metals
of
Procter
•
4V4 %
Co.
preferred
4.40%
$1.07Va
Co.
preferred
Sonotone
$1.25
Corp.,
American
South
4-14
Bend Lathe
Southern
5-
1
4-
1
2
4-12
1
5-10
4-12
25c
9-
1
8-10
12-
1
11-10
5-16
75c
5-14
com.
com.
4-22
5-
5
5-
2
4-13
6-
55c
(quar.)
4-30
1
5-13
$1.10
6-
1
4-
5
5-13
(irreg.)
35c
6-30
6-
1
6-10
1
5-18
'
2
2
7-
2
10c
5-
2
2
4-
2
5-
2
6-10
6-
6-15
6-
2
5-
1
4-
•
2
4-
5-
2
Platinum
(quar.)
66-
1
Edison,
5-11
5-16
40c
Indiana
Gas
preferred
«fe
Southern Railway Co.—
5%
non-cum.
preferred
preferred
Associated
preferred
5-31
5-
5
6-30
6-
5
28c
7-31
7-
5
7-31
7-
5
$30c
(quar.)
5
27c
(quar.)***
Electric—
5
6-
30Vac
Co., Ltd.
7-
6-30
5-16
$1.20
lauar.)
Telephone
6-15
$1.25
*
5-
$1.25
(quar.)
9-15
55c
(Texas)
5-
2
S.
__:
S
Potash
S
S.
(quar.)
preferred
Shares,
(quar.)
Inc.
(quar.)*
5-25
4-14
4-22
2
W'aite
$4
preferred
(quar.)
preferred
A
Amulet
Gas
shares
&
held.
*
;
!
$1
5-
2
4-15
$1
5-
2
4-15
5-31
5-
1
4-15
5-
1
4-15
$37c
5-16
\ 4-15
5-31
4-30
15c
Electric
5-
1
4-12
10c
5-
1
4-12
25c
6-10
5-24
6-10
5-24
N4-27
Co.
to
Co.
2
5-
2
4-15
58 VaC
5-
2
4-15
$1.75
5-
2
4-15
62 Vac
5-10
53c
*
1—
(quar.)
4-15
5-
50c
*
——
——
—
..
6-
1
$1
7-
1
$1.75
7-
1
5-10
5-2
4-18
6-
1
5-18
7-
1,
'
60c
5-10
(quar.)__*_„
non-cum.
1st
(quar.)
$1.06V4
22 VaC
6-15
75c
6-20
5-31*
75c
9-20
8-31*
11-30*
pfd
75C
12-20
35c
*____
pfd.
6-15
6-1
75c
5-
4-20
$2
$75c
$1.50
62 Vac
2
5-16
6-10
5-
5-
4-14
2
5-16
2
J,
4-29
4-15
i
50c
7-15
7-
30c
5-
2
4-14
$2 VaC
6-
3
5-
6
$.1.31%
—
5-
2
4-22
62 VaC
(quar.)__**__*.
7-
1
6-20
10-
1
9-20
1-3-50
12-22
62 VaC
'62 VaC
5-
1
4-20
—
(qua~r")——
$1.25
6-10
6-1
$1.25
9-10
9-
1
$1.25
pfd.
7 VaC
12-10,
12-
1
(quar.)**
—II
1*1—
Corp.
(quar.)
Ltd.—————
Mines,
common
5c
5-
2
4-20
4-15
Gas
Light Co
common
preferred
_*
(quar.)
(quar.)—
preferred
(quar.)
Knitting
5-20
5-10
5-
2
4-15
37 Vac
5-
2
4-15
25c
$1.12 Va
*_!__"
5-10
& Northern
4-25
class
Mills
A
RR.,
(quar.)**
(quar.).!
com.*
$1.06 V»
5-10
4-25
I2V2C
7-15
7-1
12 VaC
Waterous, Ltd., 80c
Wayne
$40c
4-15
62 VaC
(increased)
Co., class B (quar.)
Waterloo, Cedar Falls
»
4-11
5-18
6-10
50c
1
25c
(quar.)***
$4.25
6-15
4- 8
6-
$1.12 Va
*
(Subject
Common
(quar.)***—
(quar.)**
(quar.)**
$4.50
5-13
2
5-10
>—*
Company,
Washington
& Sons—
$4
4-30
5-
7-15
4-15
5-
4-30
5-16
5-10
4-15
$15c
5-16
6-10
1
R.)
6-10
"4-30
5-13
1
Squibb (E.
2
1
5-
1
7-
5-16
..
1
-5-
7-
9-20
8-
$1.25
6-10
6-20
1
6-
$1.03%
50c
1
20c
(quar.)
(quar.)*
7-
10-
VaC
37 Vac
preferred
Inc.
4-15
5-13
(quar.)
&
4-30
2
25c
1
Madison
Manufacturing
Bros.
5
5-
preferred
6%
Walker
5-
1
2
Warren
,,,
11-10
6-
2
4-15
15C
8-10
11-15, /
5-
5-16
$25c
*
Quinte Milk Products,
Ltd., class A
(quar.)
8-15
V
5-
4-15
ioc
5-10
50c
1
(quar.)
5-18
4-28
5-15
37 VaC
1
preferred
1
5-16
(quar.)*
5-
5%
6-
50c
preferred
6%
5-
Sovereign Investors, Inc
Spencer, Kellogg & Sons,
4-29
$2.50
Vertientes-Camaguey Sugar Co. 'of CubaQuarterly
Virginian Railway Co.—
97V2C
00
1
5-15
2
87 Vac
(quar.)j**
preferred (quar.)
1
Venezuela Syndicate, Inc
92Mac
2
6-
5-25
Cos.
Corp., 6%
preferred
(quar.)
-;
6-15
i5c ;
—
(quar.)**
(quar.)
«
—
(quar.)
preferred
preferred
5-
1
$1
.L_—*—*
preferred
3.90%
2
56-
62 Vac
(quar.)
pfd. (quar.)
preferred
3.70%
5-
5-16
6-15
$12 VaC
(resumed)
5%
7-13
6-15
10c
92 VaC
prior
5-18
5-31
'
$1.12 Va
prior
4-25
$1.50
;
87 VaC
,_*
Coal
preferred
5-16
$87%C
*
(quar.)*****
4-21
$25c
Knitting Co'.—
prior preferred
6-10
1
4-11
2
6-25
62 VaC
(quar.)—
pfd. (quar.),
Universal Leaf Tobacco Co
com,
(quar.)**.
Upper Canada Mines, Ltd
Upper Peninsular Power Co.—
•
"
20c
6-
2
5-
50C
v.'-
.
,
United Wallpaper, Inc., 4%
5-16
50c
5-
62 VaC
Corp. class A (quar.)
Rubber
5-16
common*
4'/a%
Tool
Co.
1
Service,
4-11
$1
California
25
Radiator
1
Public
4-13
2
Co. (quar.)—
Missouri—
of
Insurance
6-
Southwestern
4-13
4
5-
Rubber
approval)
4.15%
*******
4'
5-
25c
——
of
each
6-
7-15
5-
pfd
*——<_*
40c
40c
of
2
70c
(quar.)
Machinery Corp.—
4V*%■ participating preferred
(quar.)*****
U. S. Lines Co. (N.
J.), 4Va% pfd. (s-a)_*
U. S. Pipe &
Foundry Co. (quar.)
Quarterly
t
Quarterly
I„
"
5%
4-15
5-11
$70
62
(quar.)
Fire
Vogt
Quarterly
Corp.
Canada, Ltd.
&
50c
(quar.)
St.
5%
—
3
"
—__
5%
8-15
5-11
6-
20c
Utility Appliance Corp.
'
Vapor Heating Corp., 5%
5-13
3
$1.06 Vt
(quar.)
Co.
(quar.)*
share
5Vi%
4-15
•
5-
6-
"
25c
&
preferred
5%
4-20
1
4-20
25c
25c
Lir.es,
87 fee
*******
preferred
convertible preferred
Utica
Co.—
(quar.)
Southwestern Life Insurance
;
4-19
7-31
50c
(quar.)
Power
5-16
28V2C
preference
Canada
5-31
50c
common
5-14
1
5-16
50c
—,
pfd. A (s-a)
United Stores
Corp., $6 conv. pfd. (quar.)**
United Transit 5%
pfd. (quar.)
5-14
5-26
1
6-
15c
4
$1.50
Insurance
Co., 8%
United Steel. Ltd., G%
1
6-30
5-31
12Vac
Co.*—
6-30
6-
$50c
5-
U S Hoffman
U.
4-30
lOc
$12 VaC
(quar.)*
(quar.)—*
Co.
of
U
4-21
75c
4-18
—*;
—
U
1
5-15
2
•
$1.75
*
4-19
5-
3IV4C
(quar.)
convertible
Southwestern
1
$1.50
;
4.56%
non-cum.
12-10
5-
22V2c
********
(quar.)—
Southern
12-20
40c
*
preference
Southern
9-10
50c
|25c
California
U.
"
6-10
$30c
(quar.)—**
(quar.)
Works
9-20
4-29
5-
20c
Light & Railways Co. (stock div.)—
7%
;
6-20
5-16
(quar.)
prior preferred (monthly)
6.36%
prior preferred (monthly)*
"
$4
9
50c
4-26
1
v;'|.
prior preferred (monthly)
*U S Air Conditioning, $7 pfd. (quar.)*
U. S. Finishing Co., common
(quar.)*;
2
5-
5-16
2
6-
6%
1
4-15
$2.50
(quar.)
pfd.
Mills
4V4 %
Co.
B
for
1
5-14
1
7-
(quar.)—
Electric
One
5-16
50c
6-
—
(quar.).
(quar.)
B
-Extra
6-29
$$1.1? V2
pfd.
&
Light, 7%
(quar.)
La Salle
Drill
United
8
50c
(quar.)***
7-t
1—
interest!——
(accum.)
United Corporations, Ltd., class A
;
4-18
7-29
$25c
(quar.)
A
&
preferred
United
4-18
$1.50
4-11
15c
7%
5-
5-16
20c
Trust—
preferred
Class
4-15
5-
1
10c
(quar.)—
SEC
40c
6-
(quar.)———J—
preferred
Air
5%
6-10
$30c
(quar.)
South
Oil
4-20
$$1.75
37 VaC
—
(s-a)
Oil
&
Cotton
Gas
4-14
5-
4-22:S
.-
$lVaC
Company, $2.50 preferred
pref..
Class
4-19
5-23
2
2
:——
*
Edison,
United
4-14
5-
5-25
5-
*
:——
proprietary
of
Electric
Ltd.—
—!
Coal
Asbestos
5-18
2
$30c
convertible
5%
1
5-
87Vac
(quar.)
4.48%
4.8%
6-
35c
(quar.)
5% participating original preferred
(quar.)
4.88%
cum.
preferred (quar.)—
4.32% cum preferred (quar.)—
$2.20
.
1
6-
(quar.)
Southam Co., Ltd
1
2
7-
25c
6-15
United Cities Realty Corp.—
v
6-10
31V4C
(quar.)„*
comJ
Ltd.,
Gold
4-?4
5-
1
(quar.)
United-Carr Fastener Corp. (quar.)
United Cigar-Whelan Stores Corp.—
$3.50 conv. preference (quar.)
1
6-
7-
4-15
5-
preferred (quar.)
Water Power Co. (quar.—
United
,
6-15
12Vac
(quar.)—
preferred
Co.
6-
5-
4-22
40c
2
75c
Co.
$4.50, preferred
4-22
2
common*
common
Pulp
1
6-
2
*
(quar.)
conv.
convertible
Soundview
1
90c
55-
25c
5-
25c
(quar.)—*
preferred
(quar.)
6%
Land
Power
$3.70
4-12
5c
27VaC
*—___
50c
Iron
(quar.)
90c
5-
$7c
Indiana,
Quebec Power
1
1
$20c
&
Pacific
Union
5-13
5-
5
4-20
$1.12 Va
preferred
& Fenn
$3.50
5-13
1
5-
Inc
preferred
Union
4-15*
1
(quar.)
Co.
Oil,
Union
7-18
6-
5-16
$1
preferred
Quarterly
4-29
6-
»lV4c
_r*.
7-
$1.06 >/4
preferred (quar.)
Sound Power & Light
.
5-11
5-11
25c
*
Distribution
6%
1
25c
Co.,
Company,
Solar Aircraft,
4-20
2
$1.17 Va
—
Colorado,
preference
1
5-
10c
(quar.)
preferred
Redeemable
6-
6-1
25c
3V2 %
Quarterly
(quar.)
(resumed)
com.
(quar.)
Quaker Oats Co., 6%
8
1
5-
50c
17 VaC
*
Puget
Pullman, Inc. (quar.)
Purity Flour Mills, Ltd.—
8
4-
8-
5-14
6-16
4-30
2
—
—
Corporation
Union
—
A
A
Biscuits,
preferred
$6
208
4-18
1
85c
common**—*
(New Haven)
class
2nd
80c
4-20
5-
1
1
5-
25c
—
Company, common
shares
-V
4-15
25c
27VaC
:
(quar.)—*—
preference
Steel
10c
Ltd.*
of
4-
1
5-
(quar.)
Public Service Electric &• Gas Co.—
$1.40 dividend preference (quar.)
Public Service Co. of
<>v."
27VaC
*
(quar.)
1
5-10
76-
25c
City Fourth Unit, Inc., 6%
Tung-Sol Lamp Works, Inc.—
4-15
5-
4-29
56C
(quar.)
-
O.)
Corp
Agricultural Chemical—
Smith
5-
1
50c
*
•
1
5-
$10c
*
6-
5-13
$75c
(s-a)
Tudor
Inc.—
South
—
Mines,
Public Service
1
5-
15c
(quar.)****—.
class A (reduced)——
Power
90c
America,
Co.
8
5-
*
(s-a)
Co
Gamble
Proprietary
4
(A.
4-
1
$20c
;
(quar.)_*___—
common
Oil
Trinity Universal
Quarterly
: Quarterly
1
*—_*„——
25c
5
preferred
Trane Company
1
preferred
& Co., Ltd.
(N.)
Smith
20c
—_L__—
Oil
&
Slater
$1.25
,*_***
Common
2
1
69-
4-29
Securities Co.—
Electric
2nd
Tide
,
6-15
7
5-14
5
4%.
3-31
$1.25
"
7
4-
50c
Thompson (John R.) Company*******
Thompson Products, Inc., common———,
3-31
12-
Quarterly
4-
91V4C
common**********
Common
Prestone
4-14
4-
1
2
2
Quarterly
2
$1.10
Potomac Edison Co., 3.60%
preferred
4.70% preferred B (quar.)
Pressed
1
,
*'
preferred
3.60%
Pioneer
(N.)
2
5-
55-
4-
2'
5
Thomaston
9
$$1.75
4- 7
2
5-
11-
Thermoid
,
6-
2
5-
11-15
Toledo
(quar.)
Sloss-Sheffield
5-
95C
4-28
1
5-
-3iy4c
Texas
5-20
7-
$75c
$433/4c
(quar.)
(quar.)—
preferred
Pacific
%
13
9-15
A
Corp of America
5-
$1,07 Va
(quar.)
(quar.)
2
5-
6-15
5-19
•9-15
12-15
8-
Certificates
4-20
$40c
(quar.)—
(Del.)
Dohme,
75c
Philadelphia Suburban Water Co., common*
$3.65 preferred (quar.).
—*
Phillip-Jones Corp., 5% preferred (quar.)**
Philip Morris & Co., Ltd.—
4%
5-
1
2
6-15
9-30
12-31
5-
Sub
5-17
5-
6-30
$1.25
$1.25
8-15
Texas
.
5-13
5
6
$$1.06
Co.
convertible
$1.50
_
1
6-
1
1;
6-
12-15
Co.'
A
Co.
Pacific
Slater
(quar.)*
6-
6-.
$1.25
,
25c
;
25c
7-11
5-16
Texas
1
$1.25
;,T-6% preferred (quar.)
Sigma Mines, Ltd, (Quebec)
Simmons
Company
Simpsons,-Ltd,, 4 Va % preferred
Sinclair Oil Corp.
(quar.)
Skelly Oil Co,*
1
Pennsylvania Electric Co.—
preferred B
&
Sierra
4-14
2
7-11
———
(quar.)
Taylor, Pearson & Carson (Canada), Ltd.—
5%
convertible preferred (quar.)——.* :
Teck-Hughes Gold Mines, Ltd
j—
Tennessee Products & Chemical Corp., com.*
4-11
(quar.)'.-*;
Sherwin-Williams of Canada,
■*"
4.40%
Oil
Common
5-16
5-
1-
31V4C
Taylor
6-1
9-1
12-
20c
(quar.)
;____*^
Container,
4 8heraton
•
2-
9-15"'
12-15
4-11
8-
common
1
$1
Sherwin-Williams Co. of Canada, Ltd.—
7% preferred
(quar.)
11-
33c
25c
'
Shawinigan Water & Power
Inc. (quar.)
8-
11-15
6-15
25c
\ Sheraton,
5-15
33c
_**
1
Ltd.—
v
2-
33c
.—„_*•
4-
1
Corp.—
(initial quar.)—
Talon, Inc., 4%
4-15
2
4-11
1
31 v4c
4%
,
5-
1
(quar.)——*—
Taggart
4-20
2
5-
5-
Sylvanite Gold Mines, Ltd.*,
6-15
5-
"
,-i
-
4-15
(quar.)
Swan-Finch
9-15
5-v 2
'
preferred
Sunshine
4-20
1
$1.25
Acceptance
Corp.,
preferred
A
(quar.)
Sharp
11-
25c
•
11-15
1
2
(quar.)—
(quar.)
Security Insurance Co.
8-
_
4-15
7-
5-
5-,5
•
preferred
Sun
9-15
25c
(quar.)—
vtc
Security Banknote Co.,
,$1 preferred (quar.)
12-15
—
(quar.)
'
9-15
.
62 VaC
(quar.),
1
5-
1
62 Vac
(quar,)
:.**«*—
(quar.)
preferred (quar.)—
—
preferred (quar.)
preferred
5-
40c
——
preferred
1
5-26
10-
5-14
5-1
Corp.,
(quar.)
Ltd., class A
Clothier,
&
common
Suburban
4-25
6-15
5-18
$1.25
4-11
5-16
4-15
1
$1.25
4-25
1
Ry.
(quar.)
Electric
Seaboard
4-22
6-
New
6-10
2
5-
2
6-
Textiles,
Co.,
Wells
Struthers
.
Securities
4-20
5
1
5-16
$10c
25c
4'•
class
convertible
$3.50
preferred
preferred
$1.32
2
5-
31V.C
*
(quar,)*
$1.32
5-
7-
10-
Dillon
.Seaboard
■'
5-9
20C
T
(quar.)
Penman's,
Co.
Ltd.,
preferred
Scranton
5%
(quar.)*
common
preferred
,
,5-14
75c
*
preferred
\
1
Co.—
.—*—.
cum.
6%
4-15
7-15
12c
Company*—*„_*_*_
Scovill Manufacturing Co.—
4.30%. preferred (Initial quar.)*.
3.85% "preferred
(quar.)
1
4-20
2
75c
(quar.)——
.(New Hampshire)—
cum.
$1.32
2
5-
i.—,
preferred
$1
cum.
5-
—
$i
$1
B'
5 Va %
—
Transport
(quar.)
cum,
$1.25
32 VaC
(quar.)*—
(quar.)
(quar.)
$1
6-
50c
Telephone,
*
6-15
•
4-15
25c
preferred A (quar.)
Paper Co., $3.40 pfd. (quar.)
4-20
$1
1
8-' 1
V
5 Va %
5-16
(quar.)
——
Common
'
Co.,
Schwitzer-Cummins
Co.—
Co.
Common
•
4-15
4-30
(s-a)
Inc.
prior
conv.
Peninsular
Class'
5-16
75c
Paper
&
4-30
(quar.),
Petroleum
Tllford,
Peerless
Regis
34%c
_
Light, .5%
Service
preferred
Peabody
St;
—!
;_—**—■
5-
4-22
5-
31 V4c "
preferred
Screw
Strawbridge
6-15
——
A vtc
Scott
.
7-15
1
***.;'
pfd.
Co.,
preferred
Scotten
3TVaC
1
7-
-—..—
(quar.)
conv.
4-30
.*
8-
4-22
6-10
8-
Company
&
Stern
&
4V2 %
4-15
—
(quar.)
A vtc
4-30
—
Mills
A
5-16
:«*.*;.
4-15
(A.i
Stern
i
preferred
5-16
31V4C
*
—
*_:—
preferred
5 Va %
(quar.)
1
5c
(quar.)
conv.
5-16
pfd.
4-21
5-
6-10
.
4; $ioc
.
{quar.)
partic.
Stowell
5-10
—
Schenley Industries, Inc.—
4-29
2
2
6-15
1
—**1*
conv.
Scarfe
(Del,)—5-
(quar.)
(quar.)
(quar.)
Louis-San Francisco
31 V.C
(quar.)
preferred
American
&
5-15
9-15
5-
5-20
$15c
(quar.)
Sterchi Bros. Stores, Inc. (quar.)
9-15
1
*
Flour
preferred
(quar.)
Co., 5%
Manufacturing
4%
Park
A
4-21
75c
Co.
5%
6-15
2
$1.25
(quar.)—*
Pacific
$1.30
1
5-
pfd.
Participating
-7%
6-15
1
—
(quar.)*
(quar.)
5%
(quar.)—
Steel Co. of Canada Ltd., com.
Stein
1
4-14
5-11
'
——
preferred
preferred
preferred
5%
4-27
10-
V 2%
(quar.),
4-20
1
10-
933/4C
$1.25
—
——
Pacific
1
7-
$1.25
.
.*—
preferred (quar.)*—.,
Pacific Lighting
Corp.
(quar.)
-
$1.12 Va
——
;
4-20
5-
1
*
5%
4-30
(quar.)*
:
—
5%
4-30
f--6%
■,
St.
.
4-20
5-14
preferred
preferred
Pacific
4-15
5-14
2
4-30
$1.75
—
25c Stores
Lawrence
St.
7%
20c
5-
5-
(quar.)**
Management
(quar.)—
B
(quar.)
Stecher-Traung Lithograph
4-15
$1.75
18%c
—
Mills, Ltd
Corporation
Common
20c
2\
$1.75
Saguenay Power Co., Ltd., 4V*%
4-15
.
8-15
A
6%
5-
;•
—
Class. B
,
11-15
$1.75
preferred
$5
& Power
&
10
5,
Rowe
2
—.
i;
6-
——
Royalties
4-15
2
1
5-16
50c
(quar.)—
Mfg. Co.***
4-15
5-14
5-
4%
5-
5-14
(quar.)—
redeemable
6Va%
1
———_
Corp. of California
preferred
2
9-
12-
$1.50
1
1
$10c
Class
'
4-15
$25c
class A
'—
Finance
5%
56-
$5
Owens-Illinois Glass Co
Pacific
2
5-14
Corp
Oswego Falls Corp.", 4Va % preferred
Outlet Company a.
—
•
5-
25C
—
preferred (quar.)
Oregon-American Lumber
4
3
$$1.75
Extra
Class B
5-
$25c
7%
Osgood Company,
3
6-15
V
5-31
5-
t$3
.
—
6-20
6-15
50c
(quar.)*—.
Ontario Steel Products Co., Ltd., com. (quar.)
>
25c
25c
.
1
1
$1.12V2
———*
Haas Company, common (quar.)**
preferred A (quar.)
!—^_*
4-28
———
6-
6-
5-
6-10
50c
lor
——
Class
40c
(quar.)
common
common
&
2
35c
(quar,)
Rohm
4-22
5-
5c
_*——
Company
4-21
1
4-26
—u—
——
Co.,
of Ages Corp.
Quarterly
Quarterly :
22 Vac
(quar.)—**————**—
Oil
2
1,
45c
(quar.)
Rock
4-20
4-15
Utilities,
(Charles F.)
preferred
preferred
Cement
2
Co.,
(quar.)
Inc., common
(quar.)
3%%
preferred (quar.)__
'
Northwestern
2nd
Robinson
2
5-
4 Va %
2nd preferred
Riverside
5-
4-21
45c
(quar.)
7%
4-15
5-
1
7-
$1.31%
—* *
(quar.)'*
preferred
7-20
i.—
——:i
*
1st
1
50c
>
5-
1
4-15
$4
Rich's,
3
—u
2
5-31
1
7-
25c
interim)—*
Co.,
preferred
2
5-
convertible
Extra
1st
8-
20c
<
(accum.)*—
(quar.)
Dry Goods
5-
$3.50'
(s-a)*
Corp.,- common—
6-
6-30
$10c
5-
1
share
40c
$56ViC
——
(increased)
each 200
Jersey
New
(for
4-29
'
Co.—-
(quar
preferred
7%
4-13
*
interim)
Manufacturing
4 Va %
4-25
B
7%
25c
Northwest
$1.50
5
5-10
5-
$1
(quar.)—
5-10-
of
2
4.29
1
$1.75
Standard Power & Light 7% pfd; (accum.) "
25c'
Railway Equipment Mfg. (quar.)**,
12 VaC
Standard Silica Corp.
(quar.)
****—--'
Standard Steel Spring Co.—
.* " 50c
4%
conv. preferred (quar.)
$15c
Stanley Brock, Ltd., class A (quar.)*.
.4
,
5-
Co.
5-
1
6-
.Standard
$1.25
Tobacco
J.)
class
5-31
(quar.)—
6-15
7-
Oil
(quar.)
(Indiana)
held)
6-15
1
Co.
diyidend
Stock
&
(quarterly
5-31
$1.37'/a
-i-
Ltd.
Corp.,
(R.
Rice-Stix
Co.—
preferred
Mining
5Vt%
3
6-
*
Brass, Inc.
preferred (quar.)
Rheem
1
7-
—
c***-—:—
Consolidated
Oil
Western
&
.
1
15c
—
preferred
Common
each
(accum.)—
adjustment
Copper
Reynolds
Corp.—
(accum,)**.
preferred
convertible
$1
Common
—
7-
7-
15c
(quar.)
A
preferred B (quar.)
Republic Pictures Corp.—
Revere
for
Co.
Power
5-24
6c
15c
common
6%
20c
(quar.)
Inc.,
preferred
6-
(stock dividend)—
Kansas
shares
5Va%
•
of
American
four
North
■
Co.
American
One
Standard
4-14
6-15
$5c
1
preferred A (quar.)
preferred B (quar.)
50c
'
—-—
(J. J.) Co.,
3% %
preferred (quar.)
Niagara Hudson Power, 5% 1st pfd.
5% 2nd preferred (quar.)*—
4-29
5-12
$5c
—
6%
Newberry
■j
5-13
15c
(quar.)
6%
$1.75
.
,
93 %C
York
Standard
$27c
'
A
Republic Investors Fund,
4-15
Jersey
New
5-
15c
(quar.)_
Mills
New
'
Class
Extra
beneficial
4-22
—
Extra
4-15
2
5-
$$1.50
(s-a)
of
2
.,
5-^5
25c
—
Fund—
Certificates
4-22
5-
Oil
5-16
6-
common
5%
'
4-25
1
7-
conv. pfd. (quar.)
Western Canada, Ltd.—
preference
England
4-22
2
50c
15c
$1.75
:
,
6%
New
2
5-
—
7-
Inc., 4%%
Products of
Neon
6- 3
75c
(quar.)
5-
Ltd.,
Co.,
45c
$$1.25
preferred (quar.)
Standard Dredging Corp.—
$1.60
convertible preferred (quar.)
Standard Fuel Co.," Ltd., 4'/2% Pfd. (quar.)
$1.25
•Red Owl Stores,' common' (quar;)__-____L___ '!:
v 10c
4%%- preferred A
(quar.)
$1.183A
'Reece Corporation; 5%
preferred tquar.)**_
$1.25
Reed (C. A.) Company, class B*——
^250
$2 participating class A (quar.)*—*
50c
Regent Knitting Mills, Ltd.
f"- $1.60 nori-cum. preferred (quar.)
•' $40c
$1.60 non-cum. preferred (<juar.)__*_—$40c
;• $1.60 non-cum. preferred (quar.) —;*i—$40c
Reltman's
(Canada), Ltd.—
;
5% redeemable preferred '(quar.)
$25c
Reliable Fire Insurance Co.
(Ohio)
(quar.)
25c
Reliance Electric & Engineering, common***
50c
$2.10
convertible
preferred
(quar.)
52V2C
Renold Coventry Ltd.,
' *
Class A (quar.)
$28c
12-2
47»/2C
(quar.)
Fibre
Vulcanized
;*
(quar.)—*
common
Hosiery Mills, common
preferred (quar.)
preferred (quar.)j;—
5%
Standard
4-22
75c
50c
"
Silk
7%
:
9-2
.
6-15
■*,
$1.25
./
.•
...
preferred
1
$1.12 Va
(quar.)*
preferred (quar.)—•
preferred (quar.)——
—.•—*+National Paper & Type, 5% preferred (s-a)
National Tea Co. 4V'*% pfd. (quar.)——
5%
3.8%
1
5-,2
$1.50
-»
4Va %
National
.-7-
$1.75
—
(quar-.)—;_*—
Service Corp., com.
10-19
•
(quar.)*——
preferred B
6%
Real
1-1-50
•
15c
(quar.)
Reading Co.,
7-22
.'-
4-22
2
—_
$15c
Works,
Iron
4-22
1
10-
$15c
.
_••.
preferred (quar.)
Rayonier, Inc. (quar.)—
2
10-29
:•
2
5-
50c
*~L
Pile Co.—
(initial)
5-
20c
35c
(quar.)
..
$10c
25c
$3
8-
Chemical
(quar.)——
(Conn.)
Co.
Water
When
Holder»
Payable of Rec.
Share
Name of Company
„
Concrete
common
5-
Quarterly
—
2c
Quarterly
—
2c
Quarterly —'—
___*--*
National Hosiery Mills,
Class A (quar.) __——-ML, use
'•
4 11»
2
5-
preferred
New
Per
Holdere
Stamford
—'—-V*
Raymond
Monday, May 2, 1949
Payable of Rec.
(Del.) —
Extra'
4%
4%%
Share
Railway & Light Securities Co.
Common (increased quar.)
National Container Corp.
•
CHRONICLE
When
Name of Company
—...—
National Casket Co., common (reduced)
National Chemical & Mfg. Co. (quar.)
FINANCIAL
&
Holdert
Payable of Rec.
10c
By-Products
National
COMMERCIAL
10-15
$20c
5-14
4-30
1
6-16
35c
7-
10-
1
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4799
169
Volume
When
Per
Share
of Company
Name
.weeden & Company,-
-
J$1.75
Electric Co.,
6% preferred (quar.)
(
5-
2
6-
1
V2C
$1.37 Va
.5- 2
•
5-
1
)
4-15!
5-16
share
4-18
5-16 ft
$1.50
4-18
2
5-
2
8-
1
11-
1
'
.^Earnings
to
£$£ were discontinued.
•
6-16
NOTE—Net
5-16
Wilson
&
C.),
(J.
'
i
Company,
Electric
Wisconsin
6%
•
Power,
(s-a)
'
'♦
?
—_L___—
•7-31
M5
28c
5-14 V
Industries, common (quar.)__!—___
5%. conv. preferred (quar.)
Woodall
V
6-
1ft ft 5-14
6-
25c
Governor
•
50c
-
3
1
6-
1
v
$1.12%
6-15
6-
1
<•
v
ft
7
Wysong
;
•ft
6-
1ft
25c
—L
f
ft
—
'
t50c
.
books
'Transfer
for
this
■
Funds, less
!tPayable In U. S.
resident tax
§One share of Madison Gas &
a
Less
-ft
Other
4-15
,
ft
■-
-
^
Gross
income.
.
Earned
surplus
begin,
at
S
.
at cost-
deposits
bonds, 2%% series due 1975
bonds, 2%% series due 1977
bonds, 3% series due 1978__
1st. mtge. bonds, 27/e% series due 1979
3 V4% sinking fund debs, due 1973—
$6 preferred stock (no par)
tCommon stock (no par)
,
(at average est. co
supplies
4
'
•;
*
——
'
expense-
—
;
•
•
■
•
v
•
*
$1,476,987
-
t
501,719
charges
4,951,893
surplus
Bank
notes—-2%%
Miscellaneous
^25,000
Accounts
6,613,365
/
•5
Other
"141,809
,
due
1949—
:
—
$19,694,981
——————
—V.
$787,722
$802,477
Federal
income
Payrolls
and
Accrued
taxes
on
•-
—
accrued--—
other than Federal
bonuses
———
•
accruals
payable,
Common
banks
stock
($10
par
.
;
—
payrolls
3,500,000
3,440,000
Total
.
'"After
in
—
depreciation of
for
reserve
- i"
3,400,000
;
tively, in,excess of the
y
1,923,149
6,918,070
1
■
the
terms
$6,052,307 in 1948 and $5,750,480
the net assets of the
and $52,478, respec¬
cost.
vately—The corporation April 25 announced the private
sale of $1,055,000 4(4%
sinking fund debentures, due."
1
iiWrr
!>. iyo /,
Proceeds
will
V
•
mo
at 1UZ.
be
used
to
retire
the recent purchase of Flamex
—V.
169, p.
1820
'
-
a
temporary
bank
p.
was
the
at
mSlte
four
$2,668,000
Co.
i;
2,666.000
2,660,000
?!'
£
ftrft/.. ft. '
y-
■
'
.-..v.
•-«
..■••
4'
' A
5
ri
members
new
to
its
the elec¬
April 26 proposed
on
board
directors
of
at the
company's
»
Harold L. Boyle, Vice President and a director of Deere &
are
President
Dearborn
of
Chemical
Chicago,
Co.,
Jay
and
100.089.
Ripley
jointly
Co.
awarded April 25
all for bonds
&
and Drexel & Co.
Bonds are
on
■
;
168, p. 1945.
■
'•
of¬
capital stock (no par) was ef¬
April 19 by Wertheim & Co. at $36% per share..
Tiffany & Co.—Secondary Offering—A secondary
fering of 5,000 shares of
fected
no
transfer
for the capital stotk
New York, N. Y., has been appointed
The Bankers Trust Co.,
and Bank of the Manhattan Co. registrar,
value.
agent,
of
par
National
the
of
Committee
Practice
Uniform
The
a
Co., Inc., bid 102.13 and Hemphill, Noyes &
(jointly) bid 102.085, both for bonds as 3s.
dated April 1,
1949 and are due April 1, 1979.
anytime at prices ranging from 104.11% on or
down to 100.15%
for redemptions made after
at
1950
Special
Redemptions may be made at prices from
PURPOSE—The
bonds,
mortgage
net
common
from
the
company's
V
from
«*> be made, from
prior to
April
30,
April 30,
1949,
made,
utiOMei: to meet consiruction r^uiremenw
the sale of the 1979 series bonds and such common
the construction of new
that
and
1949,
•
-
A
'
■'
'
i.
•
,
contracts
all
■
on
and
otherwise specified.—V. 16,9,
.
;
' 'J. /,
(
•
,
.
•
v
»*..*»•
'
'>
Inc.—Split-Up of Stock Approved—
split-up of the common stock was authorized by the stock¬
meeting on April 21. Holders of 84% of the out¬
2-for-l
holders at their annual
standing shares of common
stock voted affirmatively, and there was no
negative vote.
common
stock has
a
par
will have the same par value.
shares
value of $1 a share and the new
The split-up became effective at
April 22, 1949, the record date.
Outstanding stock certificates for the present common
remain
outstanding and continue to represent the same
shares of new common stock of the same par value and
for additional shares at the rate of one new share for each
3 p.m.,
are
expected to be mailed
stock will
number .of
certificates
share held
immediately.—V. 169, p. 808.
Toledo Edison Co.—Bids for Purchase
March 31,• 1978.
with
borrowings estimated to be $4,900,000 as of
4,
'
Time,
before March 31,
101.11% to 100.11%.
the sale of $8,000,000 of first
$4,000,000 cash to be derived by
2,000,000 shares of its
Utilities Co., and funds
operations,
will be used to pay short-term
proceeds
together
May
1949, shall be regular way, unless
Redeemable
from the issuance and sale of
stock to the company's parent, Texas
company
oh
settled
1342.
of
that
shall
after
Association
Dealers, Inc., District No. 13, on April 25 announced
"when-issued" contracts in Tiffany & Co. new common stock
all
Offered—An under-
a
with
N.
and William A. Ryan,
John R. Hurley. Company President,
partner of Isham, Lincoln & Beale, Chicago attorneys.—V.
"
'•
'
' /:• '
.'
''.
: >•''
Present
sale
-i
meeting, May 26.
May 2,
bid of 100.66. Other bids
2Y8% coupon: Salomon
BroS.i-& Hutzler, 100.618; Halsey, Stuart Co. Inc. 100.40991; The First
Boston Corp., 100.27; Blyth & Co., Inc., and Kidder, Peabody & Co.,
issue
received
.
and the
them are as follows:
be purchased by
management of this corporation
of
were
revenues
underwriters
several
the
;___
1713,
p.
Chairman;
:
be
1604.
stock,
facilities and for other corporate purposes.
for
"JTo the extent that the $8,000,000 principal amount of 1979 series
purpoSesftrftlionds to be issued exceeds bonds issuable against fundable property
ft
at March 31, 1949, the cash proceeds from such issue will be placed
loan
Corp. and for other corporate
4
161,391,963
209,945,218
—
shares.—V. 169,
Texas Electric Service Co.—Bonds
Harriman
of
Suburban Propane Gas Corp.—Debentures Sold-Pri¬
lJec.
operating
1948,
31,
of
names
Corp., Chicago, 111.—Four New Directors—
Carr,
writing group headed by Union Securities
the
T)cr>
—-
The
"
.
.
Dec.
Whipple, partner of Bacon, Whipple & Co., Chicago investment bankers.
Mr. Whipple currently is serving a three-year term on the Board of
Governors of the New York Stock Exchange.
Nominated for re-election to the board were Raymond J. Hurley, its
White, Weld & Co.
agreements under which loans were re¬
ceived during the year 1948, there are restrictions on the payment of
dividends and other disti-ibutions on the company's capital stock.
Of
the accumulated earnings retained in the business of $8,127,743 at Dec.
31, 1948, an amount of $1,209,673, representing the net income less
dividends paid for the- year- ended Dec. 31, 1948, was available for
dividends under the agreements.—V. 169," p. 949.
J"
NOTES—By
6,283,980
amortiz. of prop., plant & equip.
Corp. on April
JJ7 publicly offered $8,000,000 first mortgage bonds, 2%%
series due 1979 at 101.108 and accrued interest.
Asso¬
ciated in the offering are Glore, Forgan & Co., and
—$19,694,981 $15,350,205
1947 the book value of
subsidiary was $61,393
company's investment at
714,526
—
"Issued and outstanding 4,600,000
'"
•
1947.
tAt Dec. 31, 1S48 and
company's, wholly-owned
118,322
—;_
utility
electric
the
Corp.
ft.",'
They
p.
——
'li:
1,923,149
8,127,743
1,750,000
35,310
37,103
897,322
1,515,277
145,487
—
Total
1,441,336
559,822
158,904
16,447
"
1,053,400
2,194,354
———
with
Co., Moline, 111., manufacturers of farm impletments; John W. Breathed,
Vice-President and a director of Cudahy Packing Co., Chicago; Robert
•
2,291,422
1,397,161
395,431
V..
-
•
■
The
161,391,963
r
government
and
sells electric power and
Securities
182,781
53,315
income tax —
and insurance companies
value)—
——
Capital contributions in "excess of par value of "
capital -stock
_-_^L
Accumulated earnings retained in the business
'/'v'
.'-tV;" ■ ■■
r
"•
Notes
1,260,736419,535
ended
months
Weld &
169,
.
164,437
3,252,394
4«—
income
taxes.—
Res. for deprec. &
•'
—
tax_
taxes,
Sundry
V
payable
12
Securities
Thor
tion
2,655,846
industrial,
and
Texas Power & Light Co. and Dallas Power & Light Co.,
companies operating
wholly within
the State of Texas,
which companies are subsidiaries of Texas Utilities.
*
•
the
White,
416,250
■;
Deferred credits
*
LIABILITIES—
Accounts
engaged, as a public utility company, in the generation,
transmission and distribution of electricity.
It sells elec¬
is
of
of
both
annual
—
wholly
operating
company
subsidiary of Texas Utilities and
of Electric Bond & Share Co.
a
and
$19,659,133.
120,000,000
—
Accrued interest —2
$15,350,205
is
Co.
other public Utility companies.
company's system is interconnected
The
497,128
10,000,000
i.i—_—
debt—!——!
Other current liabilities.
Total
and
Light
&
in Texas Dec.
affiliated
24,000,000
payable
accrued
Accrued
Power
utility
public
is a
State of Texas,
:•
incorporated
was
to,
energy
Union
120,000,000
—
long-term
Accrued Federal
v
.S 1
shares to 6,000,000 shares.
Flore, Forgan & Co
8,785,659
by property,
and deed of trust, as
limited
amended its charter to increase the
stock authorized to be issued and
common
to residential, commercial, farm,
and municipal customers, and buys from,
_i.__
$
3,705*000 shs.
tricity
30,325,000
2,747,937
A
series due 1962
3%%
157,118
162,803
i-'————
.
I
its
of
Company
the
purchase,
"''wiiiAv—
$
6,000,000 shs.
BUSINESS—Company
&
American
2,631,161
30,325,000
value
par
"
.
Deferred
without
First mortgage pipeline bonds:
3xk% series due 1962
___a
t
1,282,313
subsidiary" (at cost)————300,000
"■Real estate, plant,c" and
equipment-"—, 10,014,430,
(
stock,
♦Common
Earned,
shares
of
within
26,797
"
65,000 shs.
Issuance
but
April 19, 1949 the company
1929.
19,.
of
A.
'
LIABILITIES—
.
5,000,000
200,000 shs.
the mortgage
and other provisions of
COMPANY
94,794
209,945,218
1947
1948
Cash '
;
—$1,376,691
U. S. Govt, securities————.1—-—--" ' 998,316
Accounts receivable :(net)—L—^—C—-;-:^_--A_
1,210,344
Inventories (at lower of cost or market)——-,
5,467,596
Cash surrender value of life insurance—
164,800
tlnvestment in and advances to wholly-owned
ASSETS—
tOn
74,422
___.
-a
ft"'
authorization,
to
as
1
8,000.000
$5,000,000
supplemented,
379,497
—„
stock
Capital
*
' BALANCE SHEET, DECEMBER 31
•
5,000,000
earnings
1
;
7,000,000
mtge.
164,437
Prepayments
Deferred debits
■f
4,073,415
,846,612
receivable
it M
$18,000,000
*
mtge.
5,525,089
4,141; J
Outstanding
mtge.
"Unlimited
$
24,000,000,
.__
—
FINANCING J
PRESENT
TO
1st
152,452,557
2,199,194,;
".(Continued from page 14)
EFFECT
1st
1948
*
178,203,500
trustee—:
with
deposit
Special
General Corporation and
GIVING
UNDERWRITERS—The
1949
the fore¬
to
respect
with
company
Authorized
BALANCE SHEET AS OF MARCH 31
Materials and
|
CAPITALIZATION
$8,785,659
$
Accounts
the
respective principal amounts to
'
■
of
1st
For
$2,747,937
$8,785,659
estimates
The
above.
capital expenditures are based on current prices. Costs there¬
may be changed before completion of
the company's construc¬
tion program because of possible changes in costs of equipment and
labor.
The
company cannot,
however, forecast with any degree of
accuracy the extent of such possible changes in costs nor the effect
thereof upon its presently contemplated construction program.
2,747,937
ASSETS—
Special
;
1,670,329
which will involve a further estimated
1952 for completion of the project. Pres¬
items of equipment for the entire pro¬
under
systems
7,103,472
end of period—
1952,
in
of $2,925,000 in
going
^Equivalent to 36.5 cents per share,
approved),
jft "ft;ftftA>.
■ ! v
Electric for each 25 held (If
Investment News
.of.
operation early
including the 75,000 kiiowatt generating unit scheduled for
in 1951, are subject to cancellation upon payment to the
of charges
based on costs incurred up to the time
of
cancellation.
The
total
estimated
cost
of
all
construction for
which commitments have been made is included in the amounts set
$6,037,722
period
of
an
manufacturers
$2,090,581 $10,164,773
1,012,973
4,127,051
$1,077,608
at the new Morgan Creek Station
additional unit of 75,000 kilowatts
units
and
Texas,
at
delivery
294,235
86,798
*$1,682,187
;_
Property, plant and equipment,
Pf.#-.
1,099,600
________
City,
to
gram,
$9,870,538
$2,781,787
__
Income deductions
"
Earned surplus at
,
$2,003,783
57,940
20,000-kilowatt
two
Colorado
and
systems
commitments for the major
ent
3,280,000
income
)t
improvements and
additional
of
generating capacity
The
systems.
expenditure
"
Non¬
at the source..
Jamaica income tax.
30%
for
4-15
.
ft-V:
615,000
_
which
the New Handley Station.
The construction program as
now contemplated is estimated to
entail expenditures of approximately
$15,600,000 in 1949, approximately $16,600,000 in 1950, and approxi¬
mately $10,300,000 in 1951.
The construction program includes an
additional 75,000-kilowatt turbo-generator unit to be delivered in 1951
12 Mos. '4f}
840,000
incomer.
Net income
Less British income tax.
x
ft
1
Operating
dividend.
deductible
Station,
Company
•
completion
transmission
existing
of
outstanding from 1,705,003
$2,723,847
Provision for Fed. "fcaxes1' on* income
Canadian non-residents' tax. "
15%
Canadian funds, tax
15%; resident tax 7%.
in
^Payable
7,674,608
and the
substations
capacity
$6,728,138 $36,916,464
4,109,355
23,765,926
$11,238,455
_t__;
increased
urban and rural
be installed in 1949
and
1950
consists of two
adidtional
12,500
kilowatt units
at the
Permian Basin Station, two 12,500 kilowatt units at the Wichita Falls
4-15
t3VAd .5-1
closed
not
.ft
2 Mt. 4-13
5-
....
«
2
1949—3 MoS.—1948
'
?
v
of further
growing area
rapidly
in*the
pewer
in
distribution
SURPLUS
AND EARNED
Operating revenues
•
7-20
"V! 5—1ft; ft-.: 4-15
$37%c
——
OF INCOME
$4,000,000.
new
number
STATEMENT
.
of
anticipation
PROGRAM—In
electric
for
extensions
March, he said.
Period Ended March 31—
•
consideration
1951.
and
city,
company
Operating expenses? etc.
L;
5-
75c
Zellers, Ltd. com, (increased)
6% preferred (quar.)___
5% preferred (quar.) '
5-31
7-30
5-
A
4 37%c
(quar.)c.—
7-20
6-lS ft
10c
in
6-20
.
8-1
ft ft 25c
.
cash
a
transmission
5-20
1
for
par)
(no
service on the company's power system of 74,970 kilowatts
generating capacity,
together with related substation and
facilities, and which for 1949 and 1950 includes the
installation of some 165,000 kilowatts of additional generating capa¬
of
will interfere to some ex¬
tent with deliveries during the remainder of the year, he cautioned.
This will be particularly true''"during the second and third quarters,
when it will be difficult-to maintain the high delivery averages attained
4-20
-
5-2
Yprk County Gas;Co.'_——
Yuba Consolidated - Gold "Fields, - Inc.——- > A;,ft-?5C
•
4-20
5- 2
'
"Aft;-1
preferred
convertible
6%
/
-<
25c
Nlles___^___
&
Cab Co.— .:•/ ••••.•
Yellow
25c
50c
1
Special
•
the
proceeds
placing
together with other work previously planned,
4-22
with
the company began work early in 1946 on a large construction
which has entailed expenditures totaling about $27,400,000
for the years 1946, 1947 and 1948.
All areas served by the company
will benefit
from this program,
which has already resulted in the
-
v
6-20
6-15.
1
Common
•
the
<6-
*
:25c
The
Wrigley
A
■■■
concurrently
or
together
1950
anticipates that the program will be completed by the
spring of 1950, he said, although some increased delivery capacity will
be available before the end of the year.
This construction program,
1
1- :
6-
$24,000,000.
5-17
$1.12 Va
'
(Wm.), Jr., Company—
(monthly)______—
ii
Common (monthly)
Common (monthly)—
Common (-monthly )_L___'__
Ff
*
Co._2____—2.___I______
Wool worth (F. *W.) "Company (quar.)-__
Worthing ton Pump & Machinery Corp*, com.
4Va% prior preferred (quar.)
—__
V
4%% conV. prior preferred (quar.)___i__Woodward
5-14
5-3
31V4C
*
*••
.
1
6-
7-1-
to
from the sale of the 1979 series bonds and common
with funds derived from the company's operations,
will provide
the company with sufficient funds to cover estimated
expenditures for Its construction program for the year 1949.
The
company has not yet determined
the method or means by which it
will finance expenditures for its construction program for the years
capacity to 740 million cu. ft.
daily, as approved by the Federal Power Commission in March.
This
construction will involve approximately 175 miles of new 26-inch pipe,
69 miles of additional 20-inch pipe
and approximately 115 miles of
additional 16-inch pipe, together with certain increases and changes in
compressor stations.
Total cost of the construction is estimated at
■_>
ft 4-15
2
5-
25c
The
company's expansion program to increase
A
.
4-15
ft
Wood, Alexander & James, Ltd.—
A ft ftft
1st
preferred (accum.)— rr $$1.75
5%
Wood (Alan) Steel com. (stock dividend) —
•
5-31
-
2
March, and reached
Hargrove, President,
•reported at the annual meeting of the stockholders on April 26.
Mr. Hargrove announced that construction has already begun on
5-31
;
6-15
5-
Corp.—Quarterly Earnings
the Big Inch pipeline system aver-
natural gas through
agpd 474 million cu. ft. daily during the month of
a
peak of 514 million cu. ft. on April 1, R. H.
'
ft"..
4-30
6-15
$1.20
$1.25
1342.
p.
Deliveries of
5-16
1 '
stock
mon
out
5-13
••
6-
to
southwest
Texas Eastern Transmission
-? -5-3
$1.12 Va
4%%' -preferred '(quar.)—*-.!-—
$4.80 preferred (quar.K—_i,-..^___^_—_
'Wisconsin Public Service, 5% pfd.. (quar.)_
169,
4-25
5-16
90c
a
Vice-President in charge of crude production and sales
area, has been elected a director to fill the
caused by the recent resignation of W. P. Dunnlngton.—
vacancy
5-28
'
approved
14,000,000
S, Leach,
V.
6ft 1
r
26
from
4-20
25c
ft
•
<
27 VaC
ft
Light Co., common__'___
Power &
1
April
on
stock
capital
the? entire
for
6-13
4-
j________
common—,.-—_
preferred (quar.)i
preferred (quar.)
3.60%
'Wisconsin
1
5-
$1.50
Corp.
Bankshares
Wisconsin
•
7-
15c
J.
9 ••
5-16
6-
50c
—
V
,
properties.
7-29'
5-
(quar.)________
Corp.
Cramptoh
&
•'Winters
of
8-15
5-16
25c
(reduced)
Company
Jones
4-29
$1.06 y4
1
common.-
preferred v(quar.)
$4.25
'Wilson
authorized
■
A "ft
'C.4-2flr
1
,
4
stockholders
The
2 ft
New Director
—
proposal to increase the
20,000,000 shares.
The
management lias no present intention of issuing any additional shares,
which will be used to provide for future acquisitions and development
4-2&,
&
J 10c
__
Capitalization Increased
STOCK—Prior
delivery of the 1979 series bonds, the company proposes to
to Texas Utilities 2,000.000 shares of the company's com¬
and
issue and sell
near
Elected—
4-20
-
from Middle East
approximately $11,000,000
dividends
include
not
period.
Authorized
i
does'
income
thfljeompany which amounted to
1947
4-20
10c
(quar.) _L.
Ltd. (extra)
Common
Wilson
•
the
in
4-22
4-29.
.
•
of
interests
.
'
"Vf-
depreciation,
depletion,
amortization,
Federal taxes, etc.
special inventory reserve, which reserve was restored
earnings latere in .The year when premium payments for crude oil
tAfter $6,000,000
1
5-
$1.00
$1.65
$2.08
$2.09..
share
per
'
1946
$11,214,961
11,244,660
* After
,£Sj
2-
-
51
subsequent
program
^-•" Quarter End. Mar. 31—
1349
1948
1947
"PNet income —i— $28,870,lllf$27,974,839 $18,582,445
-.Capital shares outstdg.
13,797,624
13,461,096
11,244,660
4-15
'
of
serves,
(Excluding European Subsidiaries)
ftft
4-19
5-
issue
CONSTRUCTION
'
•
■'
cents per share
'.ft (The) Texas Co. (& Subs.)—Earnings—
•
the basis
on
property.
COMMON
OF
demand
2
5-
fundable
to
SALE
169, p. 1604.
paid Feb. 15—V.
5-31
•
•
seven cents per
of record May 5.
on April 25 declared a dividend of
the common stock, payable May 16 to holders
directors
on
preceding payment was an initial dividend of ten
The
4-15
■
additions
stock,
Television Fund, Inc.-^Dividend No. 2—
JThe
7 $1.75 *
preferred (quar.)—_____
5- 2
75c
West Point Mfg. Co
6-13
50c
West Virginia Coal & Coke (quar.)___
:_
West Virginia Pulp & Paper—
r. vft
5-15
$1.12'/2
4y2% preferred.(quar.)
__
5- 2
25C
Westchester Fire Insurance Co, (quar.)
Western Light & Telephone Co., Inc.— >
'
5- 2
31V4C
5% preferred
(ouav.) _________—__i_L___
5-16
^75c
'Western Pacific RR.-'Ctf.; common (quar.)__
5-16
$1.25
5% preferred A (quar.)
8-15
$1.25
5% preferred A (quar.)-—_:
11-15
$1.25
5% preferred A (quar.)l;
$1.25 2-15-50
5%
preferred A (quar.)___
Western Tablet & Stationery—
7- 1
$1.25
5% preferred (quar.)
6-15
50c
Westinghouse Air Brake
;
Wheeling & Lake Erie Ry.—
5- 2
$1
4% prior lien (quar.)
5-14
37 VaC
'White (S. S.) Dental Mfg. (quar.)___
5- 2
50c
I White Sewing Machine Corp., com. (irreg.)_
50c
5- 2
$2 prior preferred (quar.) u__—L
5- 2
$1
$4 convertible preferred
(quar.)
5-14
15c
•Whitehead Bros. Rubber Co
_______
>>>-'*' /
ft-1' '
Wilbur-Suchard Chocolate Co.-*5- 1
$1.25
$5 preferred
(quar.)
5-16
10c
.Wilcox Oil Co., common (quar.)—_____'
'
public.—V. 168, p. 2548.
4-11
11 wt
7%
•
withdrawal
requested
has
company
the
to
5-2
.
-
5-16
;
5-21
.
„.
8-U
4-15
$3
(quar.)
preferred
prior
Penn
1
.8-16
12
of its registration state¬
ment
which became
effective
last Dec. 8,
stating that all 999,993
shares of
the common
stock
i$i par) had been sold privately
in
Canada to five persons and there are no shares
remaining for sale
The
6-15
.20c,
ft
'
7%
7-
50c
(quar.)
Wellington Fire Insurance Co. (s-a)___
Wellington Mills, 6% pfd. (s-a)
___
Wellman
Engineering Co....
Wentworth Manufacturing Co. (quar.) _____
•Wesley Mason Mills*. 5Va.% pfd. (quar.)____
West Michigan Steel Foundry,
*West
Surety Oil Co. Ltd., Toronto- -To Withdraw Registra-
trustee to be withdrawn
with the
escrow
tion Statement—
,
.
convertible-preferred
4%
Holder»
Payable of Rec.
(1927)
in
The
it
to
of
of Bonds—
bids for the purchase from
bonds, series due 1979. Such bids are
presented to the company at Room 1600, 70 Pine St., New York
company
Is inviting sealed, written
$2,500,000 first mortgage
be
before
11
a.m.
(New
York Time)
on
May 2.
has received SEC authorization
$2,500,000 30-year first mortgage bonds, subject
competitive biddihg.
Proceeds would be applied
construction program.—V. 169, p. 1713.
1
The
company
,
.
i
The
Manufacturers Trust Co.,
for
the
cumulative
to the company's
v
Corp.—Registrar—
New York, N. Y., has been appointed
preferred stock, $3 series.-
Transcontinental Gas Pipe Line
co-registrar
to issue and sell
to the results of
The
1948 for the purpose of
subject to the liabilities,
of its predecessor, Trans-Continental Gas Pipe Line Co., Inc., a Texas
corporation.
Virtually all of the activities of the present Delaware
company were directed toward the financing
of the pipe line system
which
financing was completed during December, 1948
by the sale
corporation was organized Oct. 5,
assets,
franchises, permits, etc.,
This
acquiring
of
consisting
share
of
of
shares
2 250 000
of
stock.
common
The
principal
($50
note
530,000
and
stock
common
interim
6%
a
realized
company
units,
each
one
amount ol
net
a
unit
and
amount)
approximately $48,425,000 from the sale of these securities. Contracts
been entered into with 18 insurance companies for the purchase
of
liave
trustee
all
with
the
fund?
which are
company's funds.
statements,
the
of
company, not currently
the pipe line, have "been
the
of
construction of
securities
short-term
in
All
1949.
3,
connection
nancial
of
June
on
in
the
of
part
a
U.
Government.
S.
Gas
ACCOUNT
Income—Interest
Interest
discount
of
Amort,
of
U.
on
notes
and
exp.
commitment
fee
bonds
on
—
Interest
charged
income
the
for
a
DEC.
Gas
construction
March 18 said:
fabrication
of
general
31, 1948
for
steel
of
plate.
May 1,
'
...
pipe
expenditures—
_____
U. S. Govt, securities)
with
6%
interim
notes to
maturity,
interest
on
(less $245,000 int. accrued to Dec.
Government
securities,
expense
of amortization
^Commitment fee
process
Undistributed
deferred
interim
1951.
1,
May
past
the
Bureau
notes
13,373
will
U.
■;
.,
The
,
expense
stock
issued
notes,
share)
per
_
May
—
1951
l,
shares
of
20,
1949.
by
to
but
unissued
on
$2,000,000
on
June
1949.'
1,
with
agreements
them
2,034
.
the
period
1%
per
annum
of
the
tion
is
6%
from
of
being
principal
tThe
institutional
18
amount
are
Nov.
the
15,
amortized
registered
1948
principal
is
to
June
amount
such
over
of
3,
period.
investors
the
for
§The
principal
and
shall
(&
1949
to
_
goods
sold,
'$
1948,
receive
held
checks
been
promissory
4.674,935
of
24,529,419
______
23,019,722
$0.80
.
<
shall
ceeds
of
together
will
with
acquisition
be
added
which will be
to
to
Co.,
other
of
the
payment
New
funds
capital
general
York,
of
the
assets.
funds,
$3,000,000
the
proceeds
The
at
remainder
least
a
of
of
substantial
|)lant,s
that
of
and
for
new
plant
facilities
warehouses
approximately
and
$4,000,000
lor
purchase
replace
delivery
will
progress on March 31, 1949, and
authorized
ment
to
on
be
the
or
to
enlarge
equipment.
required
It
for
is
corporation
has
P.0.0 for the purpose of
lapiTal
have
received
SEC
covering cash
authorization
payments
the
the
its $3 cumulative preferred
of
will
approved
169,
p? m3S* D1StriCt C0Urt in
United Fruit
T
for
i
if
which
also
received
$1
first
declaration
quarter
of
first
the
quarter
of
dividends,
1949
cents
of
this
of
$27,857,341,
represented
as
return
a
of
more
per dollar of sales than
The return on sales for the
1948.
the
1949.
first
'
1.V'-v
;
of
quarter
1949,
expenditures
exhaustion
the
for
quarter.
Such
for
■'»
expenditures
;'VY;Y\
(
c;
additions
$16,000,000
to
and
than
more
added
to
re¬
wear
similar
by the SEC
wVngtqn
on
on
in
$4 000
for
The
the
to succeed Thomas
D.
and
$5
preference
Quarter
to
paying
by
to
The
Dec.
on
be
the
CONSOLIDATED
At
7,
; •
INCOME
'
,
.
'
Products and
sold-
serv.
29,
Dec.
finally
1949
Products
Wear
of
and
and
services
cease
to
directors
to
except that
the plan,
shall
1953
due
Income
Divs.
distributable
of
to
for
holders
the
and
—
____
decld.
net
stock
of
629,449
839,24?
24,800,000
5,146,437
27,400,000 Cr6,800,000
6,605,445
fin.
of
614,963,859t528,144,898 435,784,744 255,618,516
49,928.670 t27,857,341
39,234,511
10,238,271
6,304,919
13,054,378
6,304,919
6,304,919
10,879,065
3,703,252
6,304,910
8,703,252
10,673,357
24,226,340
"4,769,900
$5.01
t$2.48
$3.78
$0.45
5,491,216
5,135,853
4,343,674
2,718,864
for
steel
tRevised.
tons)—
-V.
JLcss
associated
current
year's
Federal
income
169, pp. 1273 and 1219.
Virginia Electric & Power
Co.—Earnings—
Period End. Feb. 28—
Operating
Oper.
of
and
oper.
1949—Month—1948
—$4,679,746
taxes—
revenues-
1949—12 Mos.—1948
$4,209,288 $51,364,650 $45,952,900
3,288,628
42,694,388
37,038,780
3,651,088
...
$1,028,658
$920,660
$8,670,262
8,459
2,710
77,938
89,984
$1,020,199
$8,592,324
273,219
$917,950
182,274
$8,824,136
2,142,216
—$741,980
$735,676
$5,856,904
Other income—net
loss_
$8,914,120
of
the
Intercst
Net
stock,
stock,
revenues
exps.
Net
re¬
theretofore
common
601,793.
6,988,150
—
"Deficit.
the
of
common
Cr296,017
578,097
30,568,873
A___
(net
and
including
assets,
and
pfd. stk.
on
dividends
tax reduction.
common
expenses
11,985,905
__Crl6,737,000
42,0Q0>OQO
inc.
on
products
fees
or
discharge
payments
preferred
all
taxes
costs
Shipments
and
all
of
113,606,951
25,195,251
costs
Balance, surplus
Earnings per share
the
on
the approval
distribute the
holders
•
."
9,152,084
Common
dissolution
of
•
172,833,979
.
t32,805,060
'
.
long-term cebt—
Total
the
to
will
remaining
liquidating
of
holders
payment
.
com¬
dissolution
consummation
the
regard
,in
\
,
.
35,953,792
other
Est. Fed.
the
the
t -■
•
:
■
taxes
appropriate
transferable
subject
to
by
the
the
its
corporations
any
balances
be
plan
an
trustees
dissolution
ratably
with
the
be
as
complete
with
in
that
$
State, local and misc.
Ex-
of
by
I
.
___
and
on
directors
dissolution
S
.
233,693,067 228,169,481
exhaustion
•
31
1946 '
.<•
263,586,819 234,780,414 203,120,620 147,872,993
JCost of strike_—
shares
that
of
MAR.
■:
•
or
and
order
such
% 194?
^ Y
- ■
664,892,529 556,002,239 475,019,255 265,856,78?
-...
pens.
___________
and
facilities
Int.
have
laws
.
1'
years—
holders
the
i'
7
taxes
sec.
and
the
$
provided for in prior
Securities
with
approval
Upon
will
the
of
the
provides
enforcing
thereto
29,
with
-1948
,1
,
War costs, incl. herein
agent
1909
Y.:
1949
Wages, salaries, social
company.
148
•
Costs—
i
1953, unless
the
—j——
STAEMENT,) QUARTERS ENDED
•
<jj.
common
conformity
upon
an
trustees
unresponsive
SURPLUS
income
of
amortiz.—
income
Preferred
ACCOUNT FOR YEAR ENDED
dividend
v
2,735,420
1,447,355
$6,681,921
1,447,35:
$4,409,549
$5,234,56:
3,136,533
2,938,42
$1.41
requirements—
DEC.
31,
Balance for common
1948
125,307
income
—V.
2,360
taxes
sale
of
expenses
31,
transferred
surplus—
$80 368
March—
4,776499
Gross
Net
$4,856,567
subsidiaries—560
in
1947
on
sale of
Ohio
'
subs.
Net
873
______—
payment
$1.7:
dividend
series—$44.78
per
Net
Cabot
other
an
'<«
j
V
;
-
Llquidatxngi
holders
*
*
dividends•
($9
per
•
to
•
common-
V
stock-
7
1946
$9,022,489
$8,109,034
$6,613,797
2,508.029
2,546,144
333,924
"82,900
1,042,902
1,176,709
226,627
21,902,018
3,752,260
25,906,219
22,941,508
7,337,514
6,932,427
1,107,787
3,078,543
3,098,979
19,040,131
3,555,435
1,586,641
oper.
trol—
$1,683,209
•
-
•
jA,00.^
5,063,280
3,332.700
—
'•a 1947
1948
•
459,375
Warner Aircraft
Corp.—Court Fight Looms Over
-
YY
ousted
,
'
5 015 910
aJter stockholders
.,
the
$404,70.9
present
s
at
management.
corporation
the
-
annual
possi:
to
appeared
seemed
meeting
*•
■
")
.
•
'
committee, headed by Charles E. Bailey, Pn
& ^°'> Detroit, Mich., investment bankers
Prior to the meeting, received 186,933 ' vo
iniCQOQ
proxies
i, <or tbe management, headed- by W, O. Warner, Pr(
nlau- of the board of Warner- Aircraft Corp.
The V
f
•
•
£or, control of this
AY0^*10^1'3'
>•
*ctlve
Surplus balance Dec. 31, 1948
railway
railway—.
income___
from
ry.
1
share)
1949
$6,167,334
"Deficit.—V. 169, p. 1821.
$6,746,489
—
•,
-
$3,635,220
share—3,111,269
Less—amount charged to stated
capital—$34 pershare
_______
:•.
,
from
Net
preferred stockholders—
series—$45.76 per share—
RR.—Earnings—
railway—„
from
railway
ry. oper. income.—
From Jan.*]—
3479
_____
to
dividend
■
from
Gross
$2.04
'
169, p. 1274.
Wabash
to
1947
Indiana
$1.87
—
4,500
over
Capital distributions:
Final
Y—
stock—___Y
Average number of common shares
outstanding
Earnings per shave of common stock
$212,535
1948)—
—
on
Total
,
1949
wi eTcted
llke
•;
■ -
*'' *■
rights of such
by
1948
288,904
stockholders,
paying
made
1949'
$232,736,953
payroll
employees—
the
or
.
-V;.
31—
Y——$262,190,395
1
Cabot.
10
March
295,779
:; •';
1953.
filed
corporation
Adjustment of profit recorded
1949
of directors elected
Cabot
Ended
17th
dividend
holders
such
from
,
corporation and its subsidiaries, at March
the
current
dividend
declarations,
were
of
distribu¬
agent,
common
Office.
the
of
deducting
Tot-al
income
Excess
with
15
15,'
ge' ^.hairmau °f the board, stated that Mr.
reasons and on account of great pressure from
contlnue
1948
liquidating
will
29,
powers
obligations
Surplus balance Dec.
"
re^jec^!°n-
after
Average : number
Sept. 25
on
certificates
Expenses (incl. expenses of liquidation to Dec.
31,
State, local and miscellaneous Federal taxes—
-
ss
together
Feb
Feb
assets
current
1949,
$466,048,218, compared with $469,505,437 at Dec. 31, 1948.
Employment and payroll statistics for the first quarter of
1949, com¬
with the first quarter of 1948, follow:
4
;
«• ••
'V
$5,420,619
to
•
.
Net
31,
corporation's
working
nirieno?nr
fhe ^Executive
repairs,
..
the
and
and
terminate
States.
practicable
unclaimed
to
become
Gross
re-
Resumes Presidency—
7meetin« on April 25, the board
Samuel Zemurray
dmma
stock
transfer
Total
Co.—Zemurray
Achievement of such records is only possible when there is a minimum
interruption in operations caused by work stoppages, shutdowns for
or
other reasons.
.v
•
i
:
of
the
pared
share
1947
collected
in
corporation,
as
then
United
respect
soon
INCOME AND
,
Yor,t-wm
onn
the
the Post
Dec.
promptly
entry of
connection
of
available
equip¬
plan
stock and to replenish
■rf3tvY^mpan/'s pla,n* which involves the distribution
fhnif) t
niCf
\ of United.'s portfolio securities,
about$6,900,000 in cash, was
of
which
corporation
the
in
with
liquidation.
the
Profit
~V.
before
the
dollar of sales, 2'/2
in
bought.
distributions
March
necessary
Total
n™
$4 per
dividend
dissolution
corporation
all
remaining
Federal
borrow
its
under
entitled, only until Dec, 29,
are
the
by
search
on
the
assets
as
of
the
Commission.
stock
pro-
construction
to
under
and
preferred
been
corporation
the
expenses
maining
existing
of additional
169, p. 1821.
date.—V.
not
before
or
Jersey
of
the
proceedings
<
United Corp. (Del.)—To Borrow
$4,000,000—
'
stock,
common
estimated
acquisition
that
$5
share
for
the
the
on
and
of
liquidation
According to the prospectus, the
company has expended $13,000,000
1947, through March 31, 1949, for the construction and
Z™™, ,fan*
acquisition
of
shall
portion
applied to acquisition of capital assets.
New
books
con¬
the
sales
liquidation
3, Pa.
At Feb. 21, 1949 the paying
such payments to 305 registered holders
returned
claim
by
the
Court
stock
mon
which
the
of
District
notes
of
for
company,
Corp.
"
liquidating
have
and
plan
Commission
Commission
-
SEC—
of
Gas
three
these
stock, were still outstanding at Feb. 21, 1949,
At that
paying agent held $17,181 cash for distribution
upon such
stock; when and if delivered against surrender of voting
dissolve
and
be applied
Manufacturers Trust
$4
amended
change
April 29 filed a registration statement with
the SEC
proposing the public offering of 80,000 shares of
cumulative preferred
flock
(no par).
Goldman, Sachs & Co. is named as the principal
underwriter.
The offering price and
underwriting terms are to be
supplied by amendment.
Net proceeds will
of
the distributions will
certificates
State
America—Registers With
of
program
Philadelphia,
checks
$51,770,
located
the
An
'
$0.85
Valley
from
trust certificates,
registered in the names of
exchangeable since Jan. 1, 1940 for an aggregate of
date
1120.
or
the
on
During the first quarter of 1949, production of steel ingots and
castings, which averaged 101.5% of rated capacity, and shipments of
steel products, which amounted to 5,491,216 net
tons, established new
high tonnage records for any quarter in the history of U. S. Steel.
common
trust
.
Ohio
Voting
15,412,655
23,807,314 shares—
p.
used,
Divi¬
outlays over the whole postwar period brought the total spent for
to
$748,000,000,.
At
March
31,
1949, authorized postwar
projects yet to be completed required a further expenditure of $238,000,000—a total postwar facilities program of $986,000,000.
Philadelphia
the
for
undelivered
and
1,012^00
Y
on
rate
their
of
535
stockholders
107,036,140
company
by
Common
1949.
Other
are
7,049,285
——_
15,289,542
United Biscuit Co. of
were
aggre¬
•facilities.,
>:'
.
unclaimed
of
Sts.,
such
..
151,155,952
notes—1,012,500
depletion—
$10,186,179
respectively.
Co.
they
159,173,330
admin.
111,292,584
and
2.70%
income
struction
were:
Dayton Power & Light Co.
subsidiaries: to
range
$172,673. cash for
aggregating
-
.
field
to
quarter of 1949, however, is still short of the return of 9% cents
dollar of sales realized in 1940 when sales of products and services
at
a
rate considerably less than half as much as in the first
i.ln
shares.
common
_
Corp.—Increased
placements of facilities totaled $52,000,000,
\<.'f j i:\'
the
at
their
Trust
-
The
for
first quarter of
1948,
per
quarter of
liability
(32%), on account
148,920 preferred shares and part of the
thereon.
Final retirement and cancellation of
surrender
upon
3,273
570
157,037,519 150,1^54,423
2,135,811 '
1,001,529
—_____
selling, general and
taxes
169,
corporation's
was
made
Approximately
—
Depreciation
—V.
to The
taxes
respect
were
vested
Chestnut
agent
of
1948
•'
•.
.
expenses
share
per
their
of
stock
stockholders to
Net
first
by
,-V
of
long
dividends
15,
Provident
Subs.)—Earnings—
——_____—
i'er
the
to
...
gas
proceeds
value
were
Oct.
maturity, if either the corpora¬
elect, by the issuance of cumula-
so
sales, le^ discts, re.VvhW
a,p,d a^wances.
Other income (net)
Income
"
Holders of preferred stock certificates
;
tions
Gross
on
respect
With
1949, before declaration of dividends,
$49,923,670, compared with income reported for the first
as
earned
for
$10,186,179,
stated
$3,332,700
1953,
.
Interest
any,
taxes
audited
cents
was
ownership of' the corporation exclusively in the
holders (numbering 4,685 at Feb. 21, 1949) of the
corporation's 370,30c
shares of common stock to whom two
liquidating payments aggregating
payable at
owner
to
cancellation
amount
Union Carbide & Carbon
Corp.
of
if
liability,
been
7Va
out¬
accomplished on Sept. 10, 1948 by the corpora¬
tion's payment of $6,746,490, which was the
equivalent of the adjusted
stated value ($34 per share) of preferred stock
plus all unpaid divi¬
dends accumulated
thereon to Sept.
10, 1948.
Such retirement and
!
entered
1949, at the rate of
bonds.
The commit¬
the
Quarter Ended March 31—
Total
of
its
profits
not
Steel
made
10,
the
adjusted.. For
improbable that any distribution
of
a
closing agreement with > the
corporation's holdings
Indiana
corporation's
the preferred
,
and
•Cost
holders
of
been
of
quarter
is
..
accumulated
the
of
corporation has
the
of
stock
common
June
interim notes
the
or
the
excess
At Jan. 29,
1947, $3,331,672 became available to
preferred stockholders in payment of $16 per share
$54,856,153
authorized
tlnterest
waived
for
fee
the
payment
have
profits
excess
companies.
the
for
is reported
net
impact of the Public Utility Holding Company Act of 1935, retirement
$8,518,985 funded debt issued in reorganization at Dec. 31, 1934
was completed in
1945; and subsequent liquidating payments to stocki
holders have aggregated $13,410,862, as follows;
•
3, 1949, at their principal amount and
accrued interest,
of $143,000,000 aggregate
principal amount of first
mortgage pipe line bonds, 3%% series, due 1968..
Such agreements
provide for the payment by the corporation of a commitment fee
ment
to
residual
of
upon exercise of warrants now outstanding for
shares at $10 per share between Oct.
1, 1949
such
purchase
purchase
the
of
issuance
has been
bond
the
:
aggregate
the
In
230,786
——_
Dec.
•rotes
the
$1,500,000.
amounted
$1,632,500
26,490,833
126,500,000
•
purchase
tnto
50c
payable
for
with
and
which
18—Seven Ohio subsidiaries
29—Three
The
accrued
reserved
«md
value
stock
due
Total
the
(par
common
interim
<■265,000
It
and
including
income
for
consummation
Department,
$700,000.
$54,856,153
' Y/
V
.
.
Taxes
States
March
on
Income
taxes.
1948 sales of
for
for
,
Accounts
liabilities,
returns
$7,986,179.
Co.
79,330
-
LIABILITIES—
on
distributable
and
additional taxes of the former Ohio-Indiana subsidiaries,
has agreed that, prior to the distribution of its assets
had
extra
Sept. 15—One Indiana electric subsidiary to American Gas & Electric
38,787
——
Total
f.6%
until
made
March
for
386,665
—
tax
Internal Revenue.
Treasury
such
future
and
become
determination
additional Federal
years,
of
will
final
upon
hereafter,
income
individual
as of
May 2, 1949, and a dividend of $1.50 per share on the presently
outstanding shares of common stock, payable June 10, 1949 to stock¬
holders of record as of May 5, 1949.
Previously, regular quarterly pay¬
and
5,471,683
603,778
,
five
be
S.
for
in
Dec.
Premium
present
payment of
the
of predecessor company, pend¬
principally to gas plant intangibles
assets
corporation
described
-
the
•
stock
•Common
White, President,
completed cash sales of all its remaining
subsidiaries at prices aggregating $10,-
dissolution
of
stock
for
expenditures
reclassification,
Other
to
the
657,067
—-j-———
6%
on
plan
3,660,000
39,237
and
of
standing
•
,
19481
—
—!——
discount
the
its 'common
receivable
Unamortized
assets
228,054
cost——
at
Accounts receivable
Capital
utility
of
earnings of this corporation for the first quarter of
1949, Irving S. Olds, Chairman, announced that the directors had on
April 26 declared the regular quarterly dividend of $1.75 per share
■on the'preferred stock, payable May 20,
1949 to stockholders of record
ments
36,215,637
31,
—
ing
public
Federal
any
books
corporation
United
,
corporation
in
for
the
liquidation, it will hold in trust or place in escrow amounts
$75,000 to secure payment thereof—V. 169, p. 50.
and
Under
1,400,000
(principally
1951
Interest
W.
404,709
$816,694
dend—Issues Quarterly Report-
Sales of Investments
—
1370,300
——
—
gating
liquidating payments of $10,079,190 to stockholders in Septem¬
October 1948, the year-end net worth of the corporation was
$775,010, consisting of cash and U. S. Treasury short-term securities.
ber
4,560,000
__
Cash
S.
the
After
$1,502,540
,
advances—
contractor's
deposit
trustee
U.
this
1948,
investments
k
purchase
For
Special
Corp.
Dissolve—Samuel
.
1944 and 1945 that may be assessed in excess of the accruals
on
such
any
186,179.
For
For
Utilities
Public
V
,
.
the contracts for sale of its former Arkansas,
Dalcota
subsidiary companies, the corporation has a con¬
liability
years
therefor
1014.
p.
..
509
$816,694
——
tingent
in
•
Ohio-Indiana
the
under
169,
per
—
—
NOTE—Under
and
Nil
expenditures
construction
plant
organized
$1
"
Total
for
be
value
/••
standing 370,300 shares—
by-laws,
•
—■___—$25,10?
—-—r
16,578
share—issued and out¬
—i—
stock—par
Common'
/
'
'
payable
—.<!
taxes
Surplus
a
Completed—To
-
plant
presently
United
-
ASSETS—
Gas
the
———————
LIABILITIES:
Accrued
proposal,
the
assets———
——
Accounts
company's application, the management of United
consulting
with
representative
stockholders with
of the slate of director nominees—V.
In
SHEET,
Under
_2—„j.
Total
Reporting
182,722
Cr342,858
--
—»
——■—
BALANCE
capital.
$62,149
750,75s
3,281
at cost
receivable
interest
Other current
line
r
period.
be
Government securities,
S.
U.
the plan.
The Commission has given interested persons until May 9 to request
hearing upon the charter and by-law amendments; to request a
on
Net
the
to
to
to
copy
97,709
construction—.__
to
Inc.,
85,500
interim notes
3%% first mtge. pipe
6%
shall
stock
common
1948
——
Accrued
slate of directors,
which shall be submitted to the
approval, in order to carry out the provisions of the
plan for reorganization
of United parent, Electric Power
& Light
Corp.,
and the
Commission's order concerning
the termination of
interlocking relationships between United and Middle South Utilities,
$23,073
,
on
of
amending
Commission
1948 TO DEC. 31, 1948
securities—.
Government
S.
interim
6%
on
Amort,
OCT. 5,
PERIOD
FOR
is
respect
"
management and board of directors of the company will issue
quarterly reports during the construction period.
The first of such
reports will be issued the latter part of April.
^
The
INCOME
for
According
show the status
this report,
of
visions
fi¬
The
shares
new
SHEET, DEC. 31,
Cash
majority of the shares of stock would constitute a quorum.
Other
proposed amendments to the by-laws relate to the proxy provisions,
the number, compensation and term of office of directors,
and pro¬
$143,000,000 aggregate principal amount of 3%% bonds due 1908.
Tne proceeds from the sale of these bonds will be deposited with the
used
corporation has filed a
a
cf
•invested
BALANCE
ASSETS:
proposal with the SEC for modification
of
its charter to provide for
(a) cumulative voting to the common
stockholders;
(b) preemptive rights to stockholders with respect to
any offering of common stock
(or security convertible into common
stock) for money, other than with respect to a public offering of
such
shares;
(c)
a
majority vote of the common stock to amend
or
repeal the by-laws with respect to the qualifications, terms of
office, and compensation of directors, the filling of vacancies on the
board,
and
quorum
requirements
for
stockholders'
meetings
and
(d) the deletion of present provisions giving the board of directors
authority to determine what part of the consideration from the sale
dent, on March 25 said:
'
.Monday, May 2, 1949
FINANCIAL CHRONICLE
&
United Gas Corp.—To Modify Charter
Report—Claude A. Williams, Presi-
Financial
Initial
COMMERCIAL
THE
(1928)
52
lYY
management,
however,
has
refused
to
recognize
four
new
dii
'■
^
Volume-169
Bailey'* committee, claiming that their proxies were
elected- by Mr."
obtained.
illegally
new
The
THE
Number 4799
-
1
•
directors are a majority of the board of seven.
#
-
.
v
~
-
>
•
•
Month of-r-
After the
Revenue
—V.
J.
efforts
under
March,'48
Feb.,'49
.
8,751,632
10,513,886
10,377,609
>
1949—3 Mos.-*-1943
expenses..-.
2,519,297
„
7,662,870
1,755,000
The
1,402,000
548,000
.
Jt.
to
$403,032
$1,956,777
$1,544,684
361,483
58,741
135,530
250,451
(net Dr)_
13,830
14,910
44,244
$668,858
$523,652
oper,
ry.
Other
series B, to be dated May 1, 1949, to mature May 1, 1974. Bids must be
made in triplicate on forms furnished by the company on request, and
delivered by mail or messenger at or before Noon (EDT), May 11, to
the-President of the-company, Room 1811, Broad St. Station Building,
V
income
Gross
Fixed
,
—V.
'
,
169,
$547,168
$2,222,014
232,704
230,358
698,290
691,866
$316,810
$1,523,724
•
Chicago—Earnings, Etc.—
Quarter Ended March 31—
Net
after
Earnings' per
" Nil
share..
non-recurring
a
income
whereas
the
in
1947
period
1948
to
1949,
normal
As
months
it-is
of
orders
day,
a
"While
/
.
retire
the
notes maturing
by 2
represented
be
'*
,
j
annual
the
•
" 4 '
.
>
.
.
.
stockholders'
vacancy
directors
Crandall,
R.
left
were
ty the resignation of W. 'C. Jordan.
The
re-elected: G. W. Vaughan, Edgar S. Bloom,
Cowdin, Stuart R. Reed,
Daniel M.
Cheever
J.
Shaefier, P. V. Shields.—V, 169, p.
1162.
will
below
be
currently
received
being
/
; •
■
Gross
A
at
the
in
made
started
been
a
by
*
•
...
contends,
the
control
to
payments
acording
board
the
on
:
of the board
Operating
stockholders'*
of directors
piration of his present. disability leave,
Mr. Goetze has also been ap¬
pointed Acting Works Manager of the Point Breeze works in Baltimore,
Md.; ,temporarily-replacing-John R. Shea, who is on leave because of
illness.—V.- 169,'p. 1821.
'-/-f
.v; ,
.
"
The
Court
has
taken
group
have
•
Net
been
*
72,845
-
,
44,287
.
the motion of -the
advisement
under
that
the Section
proceedings be
77
paid
and
other
38.262
>56,588
899,200
805,95Q
$1,519,495
261,240
408,658
$1,189,000
charges.,
Federal & Canadian
for
$2,051,538
$2,456,957
—i—
•
taxes
income
profit
______
Provision
for depreciation/,—._j._
outstanding
Shares
...
_/__
._
1 '
Earnings, per share—
that
asking
motion
NOTE—The
operations
of
L.
A.
Ycung
.
$3.72'
238,899
408,658
•' $2.91
Industries of Canada. Lt<|.,
subsidiary have been consolidated herein on the official rate
prevailing during the six months' period. Such operations
resulted in a net profit of $226,007 after appropriate translation of
its
and
of exchange
preferred
Canadian
suspended and
assets
liabilities
and
at
Jan.
31,
1949.—V. 169,
51.
p.
DEPARTMENT
CITY
AND
$2,007,251
*■.
"
two
make
to
No payments
stock.
:
stockholders'
"- 577,046
$2,384,111
—
i.
profit
Interest
the trustee be au¬
thorized to call for additional tenders on the road's bonds, including
junior obligations, was put over until May 14 by the Federal District
Court in Minneapolis; Minn,
JV"'-'
committee's
Total
i
Counsel, that it-
K. Weber,
road has failed
the
"
the
on
profit
income
Provision
since. 1921.
Heating
649,274
expenses.../!.
Selling and aministrative
i.
10.
to A.
after
preferred
preferred
the
majority
meeting to be held on May
commitee
entitled
dividend
has
1948
$2,584,296
•
Ry.—Proxy Contest—
effort-to- elect
an.
annual
The
<
contest
proxy
committee
1949
$3,033,386
-
.
profit from sales
169,
rate."—V.
satisfactory
at
(& Subs.)—Earns.
(L. A.) Young Spring & Wire Corp.
Six Months Ended Jan. 31—
•
Other
the ex¬
at
'
following
Lou
sales and profits for the first six
the
comparative period a year ago,
:
Wisconsin Central
Allentown, Pa.0vMr-. Goetze, who has been Acting Works Manager of
will
will
which
Trust
fill
to
...
anticipated■ that
1949
are
1162.
p.
is
who
borrow $1,500,000
financing of its construction program.
meeting held April 26, J. F. McCarthy,
Vice-President and Treasurer of the corporation was elected a director
of
consequence
seasonal
shifts
two
appointment of Arthur B.
Goetze, as Works Manager of its Tonawanda plant in Buffalo, N. Y.,
the 42nd Street Shops in New York C.ty, N. Y., and the Allentown plant
Wiggins,
a
has received SEC authorization to
borrowings,
' '
At
delayed orders "and the return of
characteristics .in the heavy underwear business, the
a
a
of
Wright Aeronautical Corp.—New Director—
such provisions.
underwear .mill was closed from December, 1948
April, 1949, contributing materially to the decline in sales and
profits," the report said. "The mill is now reopened and is operating
announced
replaces William K.
face
the
stockholders discloses.'
to
Western Electric Co., Inc.—New Works Manager—
plants,
over¬
company'^ wool spun
April 23/ 1949, totaled 109,466,000 kwh., an increase of 6.99'/b
the output of 102,314,000 kwh. for the corresponding week of 1948.
169, p. 1821,-.' : v.°' ' '
s.'
/'
these
been
at
l,
'
,
mark-
for
provision
after
are
earnings are before
ended
in
$10),, made
common stock (par
$15 per share, has
of
22
1949, will be obtained from Chase National Bank, New York;'
& Savings Bank, Chicago; Irving Trust Co.,
New York;
Marshall & Ilsley Bank, Milwaukee; Marine National Exchange Bank,
Milwaukee, and Security National Bank, Sheboygan.—V. 169, p. 1714.
Nov.
on April 26 reported that customers' delay in placing
heavy, underwear because of, uncertain price levels con¬
a
decline in the sales and earnings in the firtt quarter
for
tributed
Co.—-Weekly Output-
20
in
to
Harris
company
orders
output- of the electric properties of this company for the; week
April
showed
company
The
1946
$3,909,295
98,219
$0.23
of approximately $70,000 after
sale of certain properties. $Loss.
profit
tax-arising from the
NOTE—Earnings
The
$51,598
,
common
"Excluding
Federal
taxes
.
on
March
expired
from banks for use as temporary
1947
$3,875,102
"133,652$0.53
1948
$3,198,268
_
proiit
of
company
,<
,
Wisconsin Public Service Corp.—To Borrow—
Sales
appreciated $2,000,000, r 2.5% • in the three months' period, despite
a slightly
lower stock market, and that this appreciation was exclusive
of the gain in assets through sales of new shares.
He pointed out. that
the Fund increased its common stock holdings moderately during the
quarter] and said purchases included stocks of drug, oil, variety chain
store and utility'operating compafties.- Additions to the portfolio in¬
cluded such seasoned dividend-paying stocks as Parke Davis, National
Biscuit and Woolworth: ;The report showed increases of more than 17c '
in holdings of utility and. petroleum common stocks.—-V. 169, p. 1821.
V • •/,
' /"/'-Vv..!:
The
record
194y
1714.
p.
Wilson Brothers,
.
8
226,0:>3 .shares
of
Rights
The corporation
growth of the Fund to $72,000,000 and stated further that the man¬
agement has been able to substantially reduce expenses per share by
more tlittn half during the past ten years',
;
!'\"'r ', ■ *
Mr. Morgan
noted in the quarterly report that Wellington shares
over
„
$1,241,757
,
income
downs
—'V.
of
leport
$1,933,623
$685,206
$452,502
income
charges
Not
1949, made public April 29,
shows total net as ets of $71,482,907, equal to $16.69 a share on the
4.282,058 capital shares outstanding at "the end of the period.
This
compares with total net assets of $64,094,510 on Dec. 31, 1948, or $16.28
a
share on the 3,936,035 capital shares then outstanding, and with
total neb assets of $52,074,103'on March 31, 1948, or $16.74 a share
on
3,111,054 capital shares.
" :
Walter L. Morgan/President, in a statement accompanying the report
called stockholders'-attention to the reduction in management fee, ef¬
fective in April.«He pointed out that' this was possible because of the -
W^st Penn. Electric
,
gain in asset value during the first quarter
tapering off in stock prices, the quarterly
Net asset- value per share of stock
outstanding on March 31, 1949, was $3.37, compared with $3.27 at
Dec..31, 1948—an increase of 3.06ft.—V, 169) p. 1606.
>
of
Wellington Fund, Inc.—Total Assets Rise—
power
offering
The
65,335
Report for the quarter ended March 31,
A
,
.
motion.
the
have subordinated the
against the Wisconsin
to
Pacific
Wisconsin Investment Co.—Asset Value—
Net
;
company-Is requesting bids for $1,600,000 first mortgage bonds,
Philadelphia, Pa.—V.; 164, p. 3338,. .,]/
1606,,./
p.
opposing'
seeking
$1,868,288
23,516
$2,162,984
59,030
169,
parties
are
Canadian
road
the
for
37,879
income.
16,348
rents
fac.
$623,947
:
<
the
the
and
plan
* '
.
April 14.
Lehman Brothers and Robert
W. Baird & Co.
acted as dealer-manbgers in soliciting
in obtaining
subscriptions.
See Rlso V. 169, pp. 1381, 1493.
Washington Tormina! Co.—Bids for Bonds—
The
Ry.—V.
subscribed.
Operating income
Equipment rents (Cr>__
among
stockholders
Soo
stockholders
7,951,780
396,000
2,481,058
Taxes
«".*
Wisconsin Electric Power Co.—Stock Oversubscribed—
$3,318,329 $11,374,647 $10,898,464
$3,653,005
revenues
Operating
out'a-debt-adjustment
act.
was
the
of
Earnings Higher—
work
to
preferred
claims
1949—Month—1948
Operating
-
made
Mahaffie
railroad
Central
Aircraft jCorp. showed losses, in 1946 of $19,684, in 1947
of $57,241( and in 11 months of 1948 of $139,484.
It has paid divi¬
dends only in three years, 1942/1G44 and 1945, since operations ware
begun.—V. 163, p. 2901.'
'
V "
/
be
the
The
V '
•
'53
(1929)
The
miles flown-.-...
passenger
169, p. 1606.
Period End. Mar. 31—
.
Werner
,
March, '49
.
Western Maryland Ry.—March
President; L. A. Majneri and L. A. Faunce, Vice-Presidents;
Jarvie, Secretary-Treasurer, ,, and Gordon F. Bohn, - Assistant
Warner,
Secretary.
CHRONICLE
FINANCIAL
Western Air Lines, Inc.—More Mileage Flown—
/
.
annual meeting-they elected themselves new officers of the company,
naming K- E.' Cecil, President; Leonard QuaTt, Vice-President, and
Carl F. Lang,- Secretary-Treasurer.
The
old* management, in a separate, meeting, re-elected W. O.
W.
COMMERCIAL
BOND PROPOSALS AND NEGOTIATIONS
V
^
ARIZONA
Gila County
Offering—Adah
Bond
•
;
pervisors, will receive sealed bids
until 10 a.m. (CST) on May 2 for
of
purchase
exceed
$300,000
interest hospital im¬
Series of 1949 bonds.
1, 1949. Denomination
Due on July 1, as follows:
4%
provement,
Dated Jan.
SI,000.
$10,000 in J950 and 1951; $11,000
in
1952; $12,000 in 1953 and 1954;
$13,000 in 1955 and 1956; $14000
in
1957' and
1958; $15,000 in 1959
1960; $16,000 in .1961
and
1962; $17,000 in 1963 and 1964;
$18,000 in 1965 and 1966; $19,000
and
in
1967, and $20,000 in
1969.
Principal
] (J-J)
interest
and
the
County
Treasurer's office. The approving
opinion of Gust, Rosenfeld, Di-
::
payable
1968 and
velbess,
at
Robinette
of
Linton,
&
These bonds
-
thorized
at
Dec.
1948.
14,
for 5%
of
quired.
the
the
were
election
A
certified
bid
amount
'
...
au¬
held
on
check
is
re¬
\
Pima County Sanitary Dist.
No.
1
XPi O. Tucson), Ariz.
Bond Sale—The $2,500,000 sewage system bonds offered
April 25
—v.:
awarded
Jp
<
169,11
p.
1607—were
2%s.
as
Due
390,000
as
2s. Due
on
July
on
1
Co.,
as
July i 'from
from
2V2s. Due
1961
Dated Jan.
to
1,
1949.
July 1
inclusive.
The second
a syndicate composed of Phelps,
oerg & Co., of Tucson, Paul
crick &
FredCo., of New York, George
K. Baum* &
Co.,.and Lucas, Eisen
&
Waeckerle, both of Kansas Cityr
Rosworth, Sullivan & Co., of Den-
VGr> Walter, Woody & Heimerdin-
j §er, 0f Cincinnati,
Sidlo, Simons,
Roberts & Co., of Denver, and E.
J. Prescott &
Co., of Minneapolis,
at
a
price
of
about 2.53%,
100.04,
as
a
follows:
basis
of
250,000
William R. Staats Co.,
Pasadena
Corp., Pasadena, Maynard H. Murch & Co., Breed &
Harrison, Doll & Isphording, Inc.,
and Seasongood & Mayer, iointly,
for $600,000 as 3s, and $1,900,000
as 2%s, at a price of par, a basis
Louis,
of about 2.77%.
County
(P.
1V4S. Due
as
Dec.
on
1955
from
1
.
■
;
June and
and
1959
inclusive.
450,000 as lV2s. Due on June and
Dec. 1 from 1960 to 196*8 incl.
1, 1949.
now
Constitution.
State
Offering
Calif.
Clerk,
City
Jones,
—
memo¬
Bridge Au¬
thority to construct a bridge paralell to and a few hundred feet
the
of
north
cisco-Oakland
present San Fran¬
Bay
Bridge.
Fi¬
result in the largest revenue
is
the
entails the refunding of
existing $27,758,000 of revenue
and the repayment of an
will
receive
(PST) on
of
advance
$6,289,000
from
has been
an
outstanding financial
construction o*
span,((which is expecteo
Bond
Offering—Estella Holler, 1, 1949. Denomination $1,000. Due
to take four years, Federal legis¬
Clerk of the Board of County Su¬ $60,000 on June 1 from 1950 to
1959 inclusive. Principal and in¬ lation is required to permit con¬
pervisors, will receive sealed bids
over
government land
terest (J-D) payable at the City struction
until 19 a.m. on May 2 for the pur¬
Negates), Ariz.
.
i.
disposal,
1949 bonds. Dated June
the
$300,000 not to exceed 6%
interest series of 1948 hospital im¬
chase of
provement bonds. Dated Dec. 1,
1948.
Denomination $1,000.
Due
$15,000 on Dec. 1 from 1949 to 1968
inclusive.
Principal and interest
(J-D)
payable
at
Treasurer's
office.
check for
5%
the
A
County
certified
of the bonds is re-
the rate
name
to
rat^s of interest
office.
Treasurer's
or
Bidders
expressed in a multiple of y*
1%.
The approving opinion
oi
ot
& Myers, of Los An¬
O'Melveny
geles, will be furnished to the pur¬
chaser at the expense of the City.
The bonds were authorized at the
election held
on
A certi¬
April 5.
of the principal
amount of bonds bid for, payable
Pending
success.
new
&
bridge
new
to
be
brochure
history of the Im¬
perial Irrigation District and the
relationship of assessed valuations
of local communities to market
values.
Official data on the sub¬
'
a
Elementary School
as
V-/-S
■
Dis4
1950 to
as
1968 inclusive.
280,000 High School District
bonds, as 2V4S, at a price of
100.56, a basis of about 2.18%.
Due on June 1 from 1950 to
1968 inclusive.
1, 1949. The second
Dated June
highest
Staats
bidder was William
Co., Blyth & Co., R.
Moulton & Co., and
National
of
Bank
R.
H.
Security-First
Angeles,
Los
jointly, for $320,000 as 2V2S, at a
price of 101.51, and $280,000 as
2V2s, at a price of 101.90.
Chulta
the pres¬
pledged to the
in the
discussed
\
2V2S, at a price
of
102.19, a basis of about
2.27%. Due on June 1 from
■
Vista
Union Sch. Dist.,
County (P. O.
Diego), Calif.
San Diego
San
Bond
Also
j.
trict bonds
bond issue.
is the financial
&
Bruce
Williams,of San Francisco,
$320,000
and to enable tolls from
ent
Heller,
Co.,
follows:
the
noted, was built in the middle 30\c
at a cost of about $80,000,000 and
&
Weeden
The existing structure, it is
State.
San
Francisco,
Harris
Savings Bank, of Chicago,
Co., J, Barth & Co., all of San
Francisco, Stern, Frank & Meyer,
of Los Angeles, and Lawson, Levy
bonds
Mrs. Addie J.
sealed bids until 2 p.m.
Trust &
bond
in history, as its cost
of
tion,
nancing of the new structure, ac¬
cording to the memorandum, will
the
Burbank,
The
also reviews the decision
of the California Toll
program
CALIFORNIA
Bond
1948,
estimated at $155,000,000, and
May 3 for the purchase of $600,000
not to exceed 4% interest sewage
O.
is
and
flotation
Dated Jan.
margin at the
general election
Article XXV of the
extremely narrow
November,
randum
to 1954 inclusive.
Ripley & Co., Inc., Mercan¬
tile-Commerce Bank & Trust Co.,
Ctuz
of
and June and Dec. 1 from 1950
man
Santa
price
a
follows:
highest bidder was Northern Trust
Co., Chicago, Blyth & Co., Harri-
St.
at
basis of about 1.90%, as
a
$800,000 as 4s. Due on Dec. 1, 1949
on
1968
Minneapolis,
100.96,
1958 to 1960 inclusive.
1,510,000
Sidlo, Simons, Roberts & Co., both
Denver, and E. J. Prescott &
of
Sale—The $345,000 school
1715—were
April 25—v. 169, p*
awarded to the Bank
of America
National Trust & Sav¬
bonds offered
ings Association, of San
at
a
price of 100.127,
Francisco,
a
basis, of
according to the memorari- 2.54%, as follows:
dum, supports the observations of $135,000 as 2V4S. Due on May 3D
to the City, is required.
Kaiser
&
Co.* that,
generally
from 1950 to 1958 inclusive.
speaking, county assessors are ex¬
Delivery of bonds at the County
130,000 as 2V2S. Due on May 3D
California (State of)
pressing their valuations in terms
Treasurer's office.
from, 1959 to 1965 inclusive.
Brochure Discusses New Public of 1941 dollars, and therefore "that
80,000 as 23/4S. Due on May 3D
Aid Measure and Other Financial
Tucson, Ariz.
"
California assessed valuations are
Legality to be approved
Fenn & Co., Stone & Webster Se- •quired.
Gust,
Rosenfeld,
Divelbess,
curities8 Corp., F. S. Moseley & Co., by
Robinette & Linton, of Phoenix.
all of New
York, Trust Co.£' of
Georgia/of Atlanta, Henry Dahl-
|
July 1 from
-
Phoenix, will be furnished to the
purchaser.
on
1954 inclusive.
from 1955 to 1957 inclusive.
to
not
5s. Due
as
300,000
H. ' An¬
derson, Clerk of the Board of Su¬
the
$300,000
1950 to
(P. O. Globe), Ariz.
-
Bond Sale—The
er
improvement
$1,500,000 sew¬
bonds
offered
v/169, p. 1607 — were
a syndicate composed
of Phelps, Fenn & Co., Stone &
Webster
Securities Corp., F. S.
April 25
—
awarded
to
Moseley
& Co., all of New York,
Henry Dahlberg & Co., of Tucson,
Frederick &
Co., of New
Paul
York,
Bosworth, Sullivan & Co.,
fied check for 3%
Matters
pal
Bldg.,
ed
—
letter
by
ner
in
The
of
munici¬
Co., Russ
current
Kaiser &
San. Francisco 4, author¬
Charles P. Burgess, part¬
the
firm
and
manager
ject,
on
a
conservative basis."
Chino
Unified
School Districts,
San Bernardino
San
County (P. O.
Bernardino), Calif.
from 1966 to
Dated May
highest
Bank,
bidder
Los
1969 inclusive.
30, 1949. The second
was
California
Angeles; Paine, Web¬
Bond Sale —The $600,000 bondi
ber, Jackson & Curtis; Kaiser &
Analytical Department, fea¬
offered April 25—v. 169, p. 1715—
a discussion of the possible
CoM jointly, for $150,000 as 2V4S,
were awarded to a syndicate com¬
impact on the State's finances of
and $95,000 as 2%s, at a price of
Proposition No. 4 ( Aged and Blind posed of the Bank Of America Na¬ 100.13.
tional
Trust
& Savings Associa¬
Aid) which was approved by an
of its
tures
THE
54. (1930)
COMMERCIAL
FINANCIAL
&
CHRONICLE
Los Angeles, Calif.
D. A. Pincus & Co., of New York,
Bond Sale—The $40,000,000 De¬ Julius A. Rippel, Inc., of Newark,
Details—Paine, Webber, Jackson & Curtis, of Chicago, partment of Water and Power Seasongood & Mayer, of Cincin¬
San
Elsinore, Calif.
•
Offering—R.
California
Bond
Offering
required.
J.
B.
—
Smith,
County Clerk, will receive sealed
bids until H a.m. (PST) on May 10
for
to
from
the
Dated
nomination $1,000.
follows:, $10,000
1959
inclusive,
from
1950
to
1969
and
inclusive.
proving opinion of O'Melveny &
Myers, of Los Angeles, will, be
furnished
to
out
the
purchaser with¬
A certified check for
charge.
$3,000, payable to
the
Treasurer, is required.
District
Dated
nation
June
terest
(J-D)
payable
at
the
Treasurer's office.
Bid¬
name
the rate
interest, expressed in
of
V4
of
1%.
delivered
June 15,
to
The
the
(P. O.
receive
(PST)
sealed
bids
until
11
May 12 for the pur¬
chase of $1,700,000 not to exceed
5% interest port project, issue of
on
will
be
purchaser about
The approving
to the purchaser
Bond
Offering—T.H.
nomination
June
1
sive.
of
awarded
to
cisco, William R. Staats Co., of Los
G.
$1,000. Due $6,000
from
1950
Bidders
to
to
1969
name
on
inclu¬
the
rate
interest, expressed in multiple
V4 of 1%.
Principal and in¬
of
terest
of
(J-D) payable at the office
the
City
Treasurer. The ap¬
proving opinion of O'Melveny &
Myers, of Los Angeles, will be
furnished the purchaser, at the
expense
of
the
City.
the bonds authorized
tion held on March
tified
cipal
check
for
amount
able to the
of
These
are
at the elec¬
1, 1949. A cer¬
3% of the prin¬
the
bonds, pay¬
City, is required.
Los Altos Sch.
Dist., Santa Clara
County (P. O. San Jose), Calif.
Bond
lin,
Offering—Albert
County
Clerk,
will
J. Newreceive
sealed bids until 11
a.m. (PST) on
May 2 for the purchase of $134,000
not
to
exceed
5%
interest school
coupon or registered bonds. Dated
July 1, 1948. Denomination $1,000.
Due on July
1, as follows:
Also, Whitipg, Weeks & Stubbs,
Boston, Geo. B. Gibbons & Co.,
Inc., of New York, Merrill, Turben
of
&
furnished
at
his
pense. A certified check
own
ex¬
for $2,500,
payable to the County
Treasurer,
is required.,
/'
.
thereon to date of redemp¬
tion, together with premium of the
following percentages of the prin¬
cipal amount of bonds called for
redemption on any interest pay¬
ment
date, beginning April 15,
1969, and within the periods of
Co., of Cleveland, G. C. Haas &
Co., American Securities Corp.,
Dominick & Dominick, Hirsch &
Co., Shearson, Hammill & Co., all
each of
of New York, Martin, Burns
&
Corbett, of Chicago, Hannahs, Bal- follows:
lin & Lee, of New York, Harold E.
Wood & Co., of St. Paul, J. M.
the
following
Apr. 15
Co., of Minneapolis, Paci¬
fic Company of California, of Los
Angeles, Minsch, Monell & Co., of
New York, Hill, Richards &
Co.,
of Los Angeles, E. M. Newton &
Co., of Boston, Putnam & Co., of
Hartford, Redfield & Co., of Pasa¬
dena;
years,
as
Prior to
1969
"
% of
Apr. 15
and
Principal
"
1970
2y>%
1970-
"
1971
2y4%
1971
"
1972
2%
1972
"
1973
New
Harris,
York,
Davis
of
& Co., both of New
York,
Ginther & Co., of
Cleveland, J. A.
Hogle & Co.u of Salt Lake City,
Alfred O'Gara & Co., of
Sequoia
"
1974
"
1975
&
"
1976
of
1976
"
1977
3/4%
inverse
numerical
higher to lower.
terest
trict
(A-O)
order,
from
Principal and in¬
payable at the Dis¬
Treasurer's
bonds
were
tion held
office.
These
authorized at the elec¬
on
Nov. 4, 1947.
The ap¬
Union
Sch.
a
Los
cer¬
the
District
Chicago, quired.
Treasurer,
is
re¬
Tulare
Bay Cities Sanitation Dist.,
Angeles County (P. O.
Los Angeles), Calif.
Bond
Offering—K. H.
Harding,
Secretary of the Board of Direc¬
tors, will receive sealed bids until
2 p.m. (PST) on
May 11 for the
purchase of $100,000 not to exceed
6%
interest
sanitation
tional
Agent—The
Bank
Chase Na¬
has
been
appointed
paying agent for principal and in¬
terest on general obligation
bonds
aggregating $8,100,000, dated Nov
1, 1948.
,
.
.
.
„
Grand
Junction, Colo.
Bond Offering—Helen C.
Tomlinson, City Clerk/' will receive
sealed bids until 7:30 p.m.
May
$170,000
on
18
for
the
bonds,
lows:.^
/
divided
1
■ y
Due
from
building
$11,000
1950 to 1959
June
on
inclusive.
60,000 park improvement bonds.
Due $6,000 on June 1
from
1950 to 1959 inclusive.
Dated June 1, 1949.
Denomina¬
tion $1,000. Principal and interest
payable at the office of the City
Treasurer.The approving opin¬
ion
of Myles
P. Tallmadge, of
Denver, will be furnished. A cer¬
tified
check
for
2%
of
the
par
value of the bonds, payable to the
City Treasurer, is required..
the
pressed in
rate
a
of
bonds.
interest,
CONNECTICUT
notes
offered
awarded
were
tional
to
Bank.
of,
April 26
on
the
Chase
New
0.88% interest, plus
a
$5.00.
Na¬
York,
at
premium of
•
Additional
Series
Sale—The
MG-1
above
date
Hartford
notes
were
$100,000
offered
awarded
National
Bank
on
able
at
the
Treasurer
office
or
Bank,
New
of
of
the
York
Los
of
City.
pay¬
County
at the National
City
&
Trust
a pre¬
mium of $2.00.
The second high¬
est
Salomon
bidder
was
Bros.
Manchester, Conn.
Bonds Not Sold—The
$1,689,000
1.60%
school
bonds offered
26—v.
169,
1822—were not sold
as
bids
no
p.
were
April
submitted.
Willimantic, Conn.
Bond Sale—The
>
$500,000 water,
Issue of 1949 bonds offered April
25—v. 169, p. 1822—were awarded
to
Roosevelt
&
Cross,
C. F.
York,
price of
and
Childs & Co., both of New
jointly,
100.18,
as
1.70s, at a
a
basis of about 1.68%.
Dated May 1, 1949.
Due on May
1
from
1950
to
1969
inclusive,
Glynn County (P. O.
Brunswick), Ga.
Paying Agent — The Chemical
Bank & Trust Co., New York,
been appointed fiscal agent
has
and
paying agent for $2,500,000 Bruns¬
St. * Simons
Bridge
and
Causeway - revenue,
certificates,
wick
-
•
dated
1,
Feb.
1979.
1,
1949, and due Feb.
:•
.'.'"V y;
/
Angeles,
will
be
ILLINOIS
'
y
V
Collinsville, III.
Bond Sale Details—The
sewer
$180,000
extension and water
bonds purchased by John
& Co., and J. Tr Swartz
both of
works
Nuveen
&
Co;,
Chicago,'jointly, as previ¬
v. 169, p. 1494, were
3%s, at a price of 95.22,
ously noted in
ap¬
O'Melveny &
y
GEORGIA
as
in the denomination of
are
furnished by the District.
&
nutzier, for $600,000 at 0.89% in¬
terest, plus a premium of $17.00.
sold
The
the
to
Co., at 0.86% interest, plus
ex¬
multiple of 1/4 of 1%.
Principal and interest (J-J)
:
.
Hartford Housing Authority, Conn.
Note Sale—The $500,000 Series
July 1, 1949. Denomination
$1,000. Due $10 000
on-July 1 from
1969 to 1978 inclusive.
Bidders to
name
of
fol¬
as
$110,000 administration
bonds.
(MST)
purchase
Dated
Myers,
A
Paying
-
1974 inclusive.
Francisco, will be furnished
tified check for $10,000,
payable to
COLORADO
(City and County of), Colo
June 1 from 1950 to
on
proving opinion
purchaser without charge.
:
Denver
1,
Due
the
A cer¬
the
of San-Francisco, as
price of 100.15, a basis
2.73%.
Dated June
proving opinion of Orrick, Dahl¬
quist, Neff & Herrington, of San
to the
Dist.,
at
-
for
10%
of
the
bonds bid
for, payable
Chairman of the Board
of
Supervisors, is required.
Supervisors, is required.
about
1949.
1%
-
of
Co.,
23/4s, at
iy4%
1975
Chairman
Bond Sale—The
$56,000 school
bonds offered April 12—v. 169.
p.
1607—were awarded to Dean Wit¬
iy2%
1974
the
County (P. O. Visalia), Calif.
South
1973
to
Board of
1%%
1977
«
1978
y2%
Also, Pacific Northwest Co., of
1978
"
1979
Seattle, Burr & Co., of New York,
y4%
Robinson-Humphrey Co., of At¬ provided, however, that in case
less than all of the bonds then
lanta, Piper, Jaffray & Hopwood,
of Minneapolis, Courts &
Co., of outstanding are called for redemp¬
Atlanta, Emanuel Deetjen & Co., tion, they shall be called onlv in
of
payable
ter
'<■
,
On & After
Dain &
Sills, Fairman &
Chicago, A. Webster
Dougherty & Co., of Philadelphia,
inclusive, and Paul Frederick & Co., of New
$7,000 from 1966 to 1968 inclusive.
York, Kalman & Co., of St. Paul,
Bidders to name the rate or
rates Newburger, Loeb &
Co., of New
of interest, expressed
in a multiple
York, Walter, Woody & Heimerof V4 of 1%.
Principal and interest dinger,
of
Cincinnati, Watling,
(J-J)
payable
at
the
County Lerchen & Co., of Detroit, BramTreasurer's office. The
approving hall & Stein, of Seattle, William
opinion
of
purchasers
attorney R. Compton & Co., Shelby Cullom
will be
$7,000
from 1951 to 1957
inclusive; $8,000
from 1958 to 1965
terest
and in¬
amount of
MG-1
Santee School District, San Diego
County (P. O. San Diego), Calif.
t0
Principal
check
opinion of Orrick, Dahlquist, Neff
& Herrington, of San
Francisco,
Sacramento), Calif.
Offering—Ivory J. Rodda, will be furnished
Secretary of the Port Commission, without charge.
a.m.
multiple
a
bonds
1949, at the office of the
Bond
will
rates of
or
(Pst\
to the
1949. Denomi¬
Principal and in¬
County Treasurer.
Sacramento-Yolo Port Dist.
tified
15,
ders to
receive
p.m.
the
(J-D)
payable
County Treasurer's office.
March
County
for
1960 inclusive.
A certified check for
$1,000.
16
terest
June 15
inclusive.
on
* Hiddk
L.
purchase of
$33,000 not to exceed 5%
interest
school
bonds.
.Dated
June
1
1949.
Denomination $1,000.
Due
$3,000 on June 1, from 1950
$1,150, payable to the County
Treasurer, is required.
to
$5,000 from
Principal
and interest (J-D) payable at the
County Treasurer's office. The ap¬
1960
1, 1949.
1, 1940. De¬
Due 011 June 1,'
May
on
authorized
were
Offering—C.
2
on
1972
• to
Bond'
;
''
Sch
Calif
SO"; -?Tity Clefk' wil1
sealed bids until
Sch," Dist.
at the election held
June
as
1950
These bonds
purchase of $150,000 not
exceed
5%
interest, school
bonds.
'
—
23,000 Lockeford
bonds. Due $1,000
Elementary
Woodland),
E.
Sexton,
1947, sefies B coupon or registered County Clerk, will receive sealed
W.
Bond & Son, of Santa
Angeles, Dean Witter & Co., of bonds. Dated April 15, 1949. De¬ bids until 10:30 a.m. (PST) on
Ana, as 3s,
at a price
of 101.68, a basis of San Francisco, Eldredge & Co., of nomination $1,000. Due April 15, May 2 for the purchase of $22,000
not to exceed 5% interest school
New York, Central Republic Co., as follows: $45,000 in 1950 to
about 2.66%. Dated June
1959;
1, 1949.
Dated June 1, 1949.
Due on June 1 from 1950 to 1958 of Chicago, Robert W. Baird
& $50,000 in 1960 to 1963; $55,000 in bonds.
De¬
1964 to 1968; $65,000 in 1969 to nomination $1,000. Due on June
inclusive. The second
1,
highest bid¬ Co., of Milwaukee, The Illinois
der was William R. Staats
Company, of Chicago, Bacon, 1973, and $75,000 in 1974 to 1979. as follows: $1,000 from 1950 to
Co., for
1957 inclusive,
Stevenson & Co., of New York, J. Bonds maturing on and after
and $2,000 from
2%s, at a price of 100.23.
April
Barth & Co., of San Francisco, R. 15, 1970, are subject to call and 1958 to 1964 inclusive.
Principal
D. White & Co.1, Wm. E. Pollock &
and interest (J-D)
Holtville, Calif.
redemption, at the option of the
payable at the
Bond Offering—E. M.
Carpen- Co., both of New York, McDonald District, as a whole or in part, on County Treasurer's office. The ap¬
ter, City Clerk, will receive sealed & Co., Hayden, Miller & Co., both April 15, 1969 (but not prior there¬ proving opinion of Orrick, Dahl¬
of Cleveland, Stern Bros. & Co., to), and on
bids until 7:30 p.m.
any interest payment quist, Neff & Herrington, of San
(PST) on May
Kansas City, Chas. E. Weigold & date thereafter
11
for the purchase of
prior to their fixed Francisco, will be furnished to the
$120,000
not to exceed 5% interest
Co., of New York, Field, Richards maturity dates, at the- principal purchaser without cost. A certified
sewer
& Co., of Cleveland;
bonds.
amount thereof plus accrued in¬ check for 3% of the amount
Dated June 1, 1949.
De¬
bid,
1822—were
•
Bond
Spring
Dist., Yolo County (pm Q
Graham,
electric plant revenue bonds of nati, Stern, Frank & Meyer, of Los
were associated with the Califor¬
County Clerk, will receive sealed
1949 offered on April 26—v. 169,' Angeles, E. Lowber Stokes & Co.,
nia Bank, of Los Angeles, in
bids until 10 a.m. (PST) on May
the,
purchase of $100,000 sewage dis¬ p. 1822—were awarded to a syndi¬ of Philadelphia, Stubbs, Smith & 2 for the
purchase of $783,000 not
posal bonds as 23As, at a price of cate headed by Lehman Bros., and Lombardo, of Birmingham, Walter to exceed
5% interest coupon or
100.07, a basis of about 2.74%, as] Harriman Ripley & Co., Inc., both & Co., of Denver, Woodard-EI- registered
bonds, divided as fol¬
previously noted in v. 169, p. 1822. of New York, at a price of par, a wood & Co., of Minneapolis, and lows:
\
V "I/1
basis of about 2.35%, as follows:
Kuhn, Loeb & Co., of New York.
$625,000 Lodi
Elementary
Sch.
Fairfield, Calif.
Additional Bid—One other bid
$5,000,000 as 5s. Due on May 1
Dist. Due on June 15, as fol¬
Bond Offering — Colin C. Hutfrom 1950 to 1954 inclusive.
was submitted for the issue, a syn¬
lows: $25,000 from 1950 to 1959
cheon, City Clerk, will receive
5,000,000 as IV2S. Due on May 1 dicate headed by the First Boston
inclusive, $35,000 from 1960 to
sealed bids until 8 p.m.
from 1955 to 1959 inclusive.
(PST) on
Corp., New York, stating a price
1964
inclusive, and $40,000
May 3 for the purchase of $85,000
1,000,000 as l%s. Due on May 1, of par, a net interest cost of about
from 1965 to 1969 inclusive.
3% bonds, divided as follows:
1960.
2.45%, for the bonds divided as
These are the bonds author¬
$52,000 water system bonds.
4,000,000 as 2s. Due on May 1 follows:
$5,000,000 6s; $1,000,000
ized at the election held on
from 1961 to 1964 inclusive.
18,000 sewer system bonds.
lV4s; $1,000,000
lV2s; $4,000,000
Feb.
8,
1949. ^A 'certified
15,000 fire equipment bonds.
8,000,000 as 2V4S. Due on May 1 l%s; $2,000,000 2s; $8,000,000 2y4s;
check for $31,250, payable to
from 1965 to 1972 inclusive.
and $19,000,000 2V2s.
Dated Dec. 1, 1948.' Denomina¬
Some of the
the County Treasurer, is re13,000,000 as 2V2S. Due on May 1 other members of this group were:
tion $1,000. These bonds were au¬
'quired.'
from 1973 to 1985 inclusive.
Drexel & Co.; Harris, Hall & Co.;
thorized at the election held on
135,000 Manteca > Elementary
4,000,000 as 2Vis. Due on May 1 Glore, Forgan & Co.; Union Secu¬
Nov. 9, 1948. The approving opin¬
Sch.
Dist.
bonds.
Due
on
from 1986 to 1989 inclusive.
rities
ion of Orrick, Dahlquist, Neff &
Corp.;
Salomon Bros.
&
June
15,' as follows: $5,000
All of the bonds are dated May Hutzler; Bear, Stearns & Co.; A. G.
Herrington, of San Francisco, will
from 1950 to 1956 inclusive,
Becker &
"be furnished to the purchaser.
Co.; Coffin. & Burr;
A 1, 1949.
$10,000 from 1957 to 1966 in¬
Equitable
Securities
certified
check
for
Corp.; Lee
5%
of
the
clusive.
Associate Members—In addition
These are the bonds
amount bid is required.
Higginson
Corp.,
and
Merrill
to Lehman Bros, and Harriman
authorized
at
the
election
Lynch, Pierce, Fenner & Beane.
held on Feb. 8, 1949. A certi¬
Ripley & Co., Inc., the successful
Franklin Sch. Dist., Sutter
County
fied check for $6,750, payable
syndicate included the following:
Orangethorpe Sch. Dist., Orange
(P. O. Yuba City), Calif.
to the County Treasurer, is
County (P. O. Santa Ana), '
Blyth & Co., of New York, HalBond
Offering—Albert
Brovpr sey, Stuart & Co., Smith, Barney
County Clerk, will receive sealed
& Co., Kidder, Peabody
& Co.,
bids until May 9 for the
purchase** both of New
York, Blair & Co.,
of $49,000 not to exceed 5% in¬
Inc., Phelps, Fenn & Co., of New
terest school bonds.
Dated May
York, R. H. Moulton & Co., of San
10, 1949. These bonds were au¬
Francisco, Goldman, Sachs & Co.,
thorized at the election held on
White, Weld & Co., Paine, Webber,
March 8.
Jackson & Curtis, A. C. Allyn &
Co., Hallgarten & Co., all of New
Fruitland Union School
District,
York, Weeden & Co., of San Fran¬
Yuba County (P. O.
cisco, Stranahan, Harris & Co.,
Marysville), Calif.
Inc., of Toledo, R. W. Pressprich &
Bond Sale Details—The
$40,000
Co., Hemphill, Noyes & Co., F. S.
school bonds purchased
by Wil¬
liam R. Staats Co., and Schwa- Moseley & Co., B. J. Van Ingen &
bacher & Co., both of San Fran¬ Co., Eastman, Dillon & Co., Estabrook & Co., Shields & Co., Dick
cisco, jointly, as 3s, at a price of
& Merle-Smith,, E. H. Rollins &
100.07, a basis of about 2.99%, as
Sons, Tucker, Anthony & Co., all
previously noted in v. 169, p. 1494,
of New York, Heller, Bruce & Co,,
are dated April
1, 1949, in the de¬
of San Francisco;
•
^
nomination of $1,000, and mature
Also, Alex. Brown & Sons, of
$2,000 on April 1 from 1950 to 1969
Baltimore, Kean, Taylor & Co., of
inclusive.
New York, Stifel, Nicolaus & Co.,
Gallatin Sch. Dist.,
Los Angeles of St. Louis, Graham, Parsons &
County (P. O. Los Angeles), Calif. Co., Hornblower & Weeks, W. E.
Bond
Sale—The $9,000 school Hutton & Co., all of New York,
Schwabacher & Co., of San Fran¬
bonds offered April 26—v.
169, p.
„
Willow
Joaquin County Sch. Dists.
(P. O. Stockton), Calif.
Bond Sale
.
Monday, May 2, 1949
and mature
000
from
Sept. 1,
1958
to
$1,000,
follows:- $1»1960 inclusive;
as
tified check for 3% of the
amount
$2,000 in 1961 and 1962; $3,000 m
1963; $4,000 in 1964 and 1965; $5r
of
000 in
the
the
bonds bid for,
A
cer¬
payable
District, is required.
to
in
1966; $6,000 in 1967; $12
1968 and
$14,000
in
000
1969; $13,000 in 1970;
1971; $15,000 in 1972,
169
Volume
$16 000 in'•1973;*v'$17,000
and $12,000 in 1978.
v
Fort
in 1974
>/.
v;
Secretary of the Board of School
Trustees, will receive sealed bids
until 1 p.m. (CST) on May, 17 for
Cook* County Community Consoli¬
dated School District No. 64
]
Ridge), HI- \..
Sale—The First National
\(P* O. Park
Bond
V
Wayne School City, Ind..
the purchase of $100,000 not to ex¬
interest
2%
ceed
school building
Chicago was awarded on of 1949 coupon bonds. Dated June
April'-'27 an issue of $160,000 1, 1949. Denomination $1,000. Due
school: bonds' as 2y4S, at a price $13,000 on-July 1, 1954; $12,000 on
Bank of
'
of .100.181, a net interest, post of
about.2.23%. Dated April T, 1949
and due on April. 1, as follows:
on
•*Highland, III. ">
Sale—The $125,000
Bond
«
tric
tight
.
funding
elec¬
plant and system re¬
revenue
bonds offered
in
r.\
.
Bend
a
..
.
Indianapolis Sanitary District, Ind.
Bond Offering—Phillip L. Sayt,
(CST) on
electric
000
posal. plant
Central
Republic Co., both of Chicago,
jointly," as 2V4S, at a price of
100.05, a" basis of about 2.24%.
Dated May 1, 1949. Due on Dec. 1,
as follows:
$10,000 from 1950 to
1952 inclusive? $12,000 in 1953 and
1954; $14,000 from 1955 to 1958
inclusive, and $15,000 from 1959 to
'
on
at such bank-or
company in the City of Chi¬
payable
be mutually agree¬
able to the purchaser and the Dis¬
trict.
Bidders to name the rate
may
election held
Bailey/
rates of interest, expressed in
multiple of
of 1 %. > ,'^These
bonds were authorized at the elec¬
1949.
Denomina¬
tion $1,000.
Due on July 1, as
follows:',$5,000 in 1950 and 1951;
1953
on
April 10. 1948, The
approving opinion of -Chapman &
follows:
from 1950 to 1954
16,000 3^4%
*
Hook
Gray County Sch. Dist. No.
Bidders to name
No. 41
Bond
J
Offering—W.
Clerk
of
$44,000 2%%
will receive sealed bids until noon
May 10 for the purchase
of $950,000 not to exceed 3% in¬
terest
building
coupon - bonds.
(CST)
.on
1, 1949. Denomination
on Dec. 1, as follows:
$30,000 in 1950 and 1951; $40,000
from 1952 to-1961 inclusive, and
Dated May
$1,000.
Due
Sch. Corp.,
Judson Con.
Bond
Offering
Leon
Banta,
Secretary of the Board of School
Trustees, will receive sealed bids
until 1 p.m. (CST) on May 9 for
the purchase of $115,000 not to ex¬
ceed 4V2% school building bonds.
on
$11,000
in
1
May
pay¬
De¬
from 1951 to
Principal and
inclusive.
interest (M-N)
payable at the
National Bank
Carroll County
Westminster.
of
A
Dated
May 1, 1949. Denomina¬
tion $1,000. Bidders to name the
rate of interest, - expressed
in .a"
1,
time
to
in part, in
numerical
inverse
Nov.
195-1,
MASSACHUSETTS
order on
any
on
or
interest
thereafter upon 30
days' prior published notice, at
103 if redeemed prior to Nov. 1,
1956, at 102 if redeemed on or
after Nov. 1, 1956, but prior to
Nov.
1, 1961, and at 101 if re¬
deemed on or after Nov. 1, 1961.
Principal and interest payable at
the First National Bank, Central
City. Bidder to name the rate or
rates of interest, expressed in a
multiple of lA of 1%. The approv¬
ing opinion of Wyatt, Grafton &
Grafton, of Louisville, will be fur¬
nished
without
expense
to the
purchaser, A certified check for
$2,000, payable to the city, is re¬
payment date
el
uired
Sale—The
Bond
$1,700,000 wa¬
light and power
bonds offered April 21—
electric
and
revenue
1715—were awarded to
Kindred & Co., of Chi¬
cago, and the Bankers Bond Co.,
of Louisville, jointly, at a price
169,
v.
p.
Barcus,
of
100.07, a basis of about
as
3.30,}%,
follows:
Due on Sept.
$1,255,000 as 31/2s.
from 1952 to 1973
1
1974
from
March
Dated
inclusive.
Due on Sept. 1
to 1978 inclusive.
3s.
455,000 as
1,
1949.
Due on
1 from 1952 to 1978 inclu¬
The second highest bidder
B. J. Van Ingen & Co., John
Sept.
sive.
was
Co., Wheelock &
Nuveen &
84,000 3% school building bonds.
"Due $12,000 on Sept. 1 from
1958 to 1964 inclusive.
notes
awarded to
Boston Safe Deposit & Trust
offered April 27 were
the
discount.
Co., at 0.717%
Notes
*
k
April 27, 1949.
dated
are
$50,000 and $25,15, 1949.
Le¬
Denominations
Due orr Dec.
000.
by Ropes, Gray,
gality approved
Best, Coolidge & Rugg, of Boston.
Lovett,
Bond Offering—John C.
City Treasurer, will receive sealed
bids until 11 a.m. (DST) on May
purchase of $100,000 not
2%% interest coupon
bonds.
Dated May 1, 1949.
4 for the
to
exceed
sewer
Denomination $1,000. Due $10,000
May 1 from 1950 to 1959 in¬
Bidder to name a single
clusive.
Corhin, Ky.
ter
Beverly, Mass.
$200,000
Sale—The
Note
on
Cum¬
Seasongood
jointly, for $1,255,000 as
3y2s, and $445,000 as 3y4S, at a
price of 100.006, a basis of about
mins, Pohl & Co., and
clusive..
'
their
Sept.
1954, and
$12,000 from 1955 to 1957 in¬
lows:
—
building
1953 inclusive.
47,000 2 % %
school building
/bonds. Due on Sept. 1, as fol¬
Indiana
■
school
1 from 1950 to
'■
North
Offered—The
Due $11,000
-.bonds.
Board of School
Commissioners, is required. -
Bailey,
W.
Publicly
Securities Co*."' of fKansas, of
Wichita, is publicly offering $175,000 bonds, divided as follows:
payable to ;the
the Board of Education,
26
(P. O. Cimarron), Kan.
Bonds;
First
.
v
Curfman, of Wichita.
'
f-
•
&
Weigand,
Stanley,
Depew,
by
1
District
(P. O. Rock Island), III.'
on
1965
bonds.
revenue
(M-N)
Westminster
1949.
time
from
or
Principal and interest
(M-S) payable at the State Treas¬
urer's office.
Legality approved
will be fur- the rate of interest, expressed in
vnished. to the purchaser >,at,Ctbe. •the multiple of Wa of
The
expense of the District.
A certi- approving opinion of'some'mar¬
fied check for $2,500, payable to
ket attorney will be furnished by
Ihe Township School Treasurer, is 4he bidder.
A certified check for
required. -,v
t-:;,v 3% of the face value of the bonds,
Rock Island County School
000
p.m.
sewer
April 1, 1949. Denomina¬
tion $1,000.
1969. inclusive.
Commissioners.
Dated
electric light plant
Sept. 1
1955 to 1958 inclusive.
from
.
inclusive.
Due $4,000 on
bonds.
1952,
in
Sept. 1,
bonds. 'Due $4,000 on
May 23,
to
electric light plant
$20,000 2%%
of Chicago,
Cutler,
;
March 28.
Ashland, Kan.
and $10,000 from
Principal
and interest (J-J) payable at the
office
of the - Board ' of School
$7,000
a
held
on
KANSAS
$187,000 not to exceed 3% in¬
terest
building
coupon,
bonds.
Dated
and
water
Dated May 1,
$15,000 water system bonds. These
bonds
were
authorized
at
the
of
or
tion
April 25—v.
awarded to
the
at
ster.
(CST) on
May 3 for the purchase of $90,000
7:30
from
1,500,000 road bonds. Due $100,-
Central City, Ky.
Offering—Bessie L. Mer¬
until
bids
1
posit & Trust Co., Westmin¬
City Clerk, will receive sealed
cer,
May
on
*
A certified check for
P.
able
$49,000 as 2y4s, and $37,000 as 2y4s,
as previously
noted in v. 169, p.
1495, were sold at a price of 100.01.
Bond
$100,000
bonds.
Denomination multiple of ya or 1/10 of 1%. The
$1,000.
Due Nov. 1, as follows: approving opinion of Theo. F.
the Carleton D. Beh Co., of Des
$2,000 in 1950 to 1952; $3,000 in Brown, attorney for the County
Moines,- as 2y2s, at a price of
1953; $2,000 in 1954 to 1956; $5,000 Commissioners, and by Niles, Bar¬
100.22.
The second highest bidder
in 1957 to 1961; $15,000 in 1962 to ton, Morrow & Yost, of Baltimore,
was Shaw, McDermott & Co.
1964, and $5,000 in 1965. Bonds will be furnished to the purchasers
What Cheer, Iowa
maturing in 1952 to 1965, will be without cost. A certified check for
subject to redemption as a whole $60,000 is required.
A
Bond Offering—Carl G. Drae169,
1949. Denomination
Offering—M.
)
pal and interest
purchased by the Equitable
Corp., Nashville, at a
basis of about 2.19%, as follows:
of the bonds : Bonds Publicly Offered — The
bid for, payable to the City Comp¬ First Securities Co. of Kansas, of
troller, is required.
"'•./>
v Wichita, is publicly offering $36,000
revenue
bonds,
divided as
Indianapolis School City, Ind.
Bond
school
1951 to 1965 inclusive. Princi¬
Securities
3% of the face value
(CST)on May
Due
$150,000
obligation
general
wall
bonds
—
bonds. Dated June 1/1949.? Business Director of the Board of
School
Commissioners, will re¬
on
Dec. 1 from 1950 to 1954 in¬
ceive
sealed bids until
2 p.m.
clusive. / Principal
and
interest (CST) on May 6 for the purchase
as
Ashland, Ky.
Bond Sale Details—The
flood
Ringgold County (P. O.
Mount Ayr), Iowa
Bond Sale
The $70,000 hos¬
Jan. 1 from
1951 to 1970 inclusive. Bidders to
name a single rate of interest, ex¬
pressed in a multiple of Va of 1%.
Interest J-J.
bonds, divided
public
$1,500,000
Legality approved
bonds offered
p.* 1823—were
coupon
follows:
as
Cooney, of Des Moines
pital
1949
terest
KENTUCKY
Carpenter, Ahlers &
by Bannister,
of
City, is required.
the
and
1964 inclusive.
Denomination $1,000. Due $60,000
cago,
Curtis,
&
son
coupon
trust
the
Town Clerk, will receive
4%%. sanitary dis^ sealed bids until 7:30 p.m. (CST)
on
May 3 for the purchase of
improvement bonds.
Dated June 1;
exceed
(J-D)
bonds has
Webber, Jack¬
revenue
been sold to Paine,
to exceed
not
(P. O. Aurora), III.
Offering—Edria M.1 Rol¬
of the
55
(DST) on May 11 for the purchase
$3,000,000 not to exceed 5% in¬
A certified check for
total bid, payable to
City.
2%
purchase of $140,000 gert,
May 3 for the
price of $1,000.^Due $7,000
purchase Of $300,000 not
3y2% school building
receive
will
Comptroller,
•
sealed bids until 11 a.m.
the
$200,-
Indianola, la.
"
.
Bonds Sold—An issue of
-
City
of the Board of
Education/. will/ receive
sealed
to
certified check for
$5,000, payable to the School City,
is required.
\
/.
lins, .Secretary
9 for the
Bidders to name a
of interest, expressed
multiple of y4 ;of 1%. Princi¬
rate
School City.;. A
Sch. Dist. No.-131
bids until 7:30 p.m.
$12,000
Co., of Fort Wayne. The approv¬
ing opinion of Ross, McCord, Ice &
Miller, / of ' Indianapolis,* will < be
furnished at the expense of the
.
Kane County
July 1 from
on
pal and interest (J-J) payable1 at
the Lincoln National Bank & Trust
p.' 1715—were
awarded to Julien Collins & Co.,
and the Channer. Securities Co.,
both of Chicago, jointly, as,2%s,
at a price of
100.27, a basis of
about 2.71%. - Dated May 1, 1949.
Due on July 1 from 1963 to 1968
inclusive.
The ... second
highest
bidder was Municipal Bond Corp.,
Chicago, and Barcus, -Kindred &
Co., jointly, for 2%s, at a
100.25.
; • ■
,/.,//
$13,000
Jan, 1, 1958.
single
20—v.: 169,
April
and
J an;: 1
<1955'to 1957 inclusive, and
$5,000 from 1951 to 1966 inclusive;
$25,000 in' 1967 and 1968, and $30,000 in 196'9.(* Second high bid of
100.02 for 2.40s was made by the
Municipal Bond Corp. of Chicago.
-
'
:Bond Offering—GraceM. Goeriz;
(1931)
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
Number 4799
•
rate
expressed in a
of-ry4 of 1%. Principal
(M-N) payable at the
National Bank of Boston.
of
interest,
multiple
and interest
First
Legality
approved
by
Ropes,
Gray, Best, Coolidge & Rugg, of
v
Boston.
Beverly Housing Authority, Mass.
Note Offering—Fred W. Clark,
bids
the
at
receive
will
Chairman,
Authority,
Housing
*
sealed
the
of
office
18
State
Tremont
St., Boston, until noon (DST) on
May 5 for the purchase of $50,000
housing authority notes.
Dated
16, 1949 and due May 16,
Legality to be approved by
Sullivan, Donovan & Heenehan,
of New York City.
May
1950.
& Mayer,
V
Boston, Mass.
,
Note Sale—The $5,000,000 notes
offered April 26 were
awarded to
1.04% in¬
terest, plus a premium of $111. The
LOUISIANA
Principal and in¬
second highest bidder was First
terest (M-S) payable at the State
Evangeline Parish Sch. Dist. No. 7 Boston Corp., and Chemical Bank
$70,COO from 1962 to 1968 inclu¬
Treasurer's office.
These bonds
of the Second Police Jury Ward
sive. Principal and interest (J-D)
1951'to 1958 inclusive and $4,000
& Trust Co., New York, jointly,
(were
authorized at the special
(P. O. Ville Platte), La.
payable at the First National Bank on Jan. 1, 1969. Bidders to name a
for 1.06% interest, plus a premium
election held on April 2. Legality
Bond Sale—The $150,000 school
of Rock Island.
Bidders to name single rate of interest, expressed
of $126.
& Dean, of bonds offered April 26—v. 169, p.
the rate or rates of interest, ex¬ in a multiple of Va of 1%. Interest approved by Dean
Notes are dated April 29, 1949.
pressed in
a
multiple of 34 or 1/10
These bonds were author¬
of 1%.
Denomination
$1,000. Due $3,000 on July 1, 1950;
$13,000 on Jan: 1 and July 1 from
Dated
J-J.
May 1, 1949.
The
approving
opinion
ized at the election held on Feb. 8,
Ross, McCord, Ice & Miller, of
dianapolis, will be furnished
1949.
Dated
nation
April
15,
1949. Denomi¬
3.40%.
Kan.
Leary
$1,000.
of Topeka.
the
to
Bond
Offering—The Board of
purchaser at the expense, of City Commissioners will receive
the School Corporation.
Chapman & Cutler, of
A certi¬ sealed bids until 9 a.m. (CST) on
Will be furnished to the purchaser, fied check for $1,000, payable to
May 3 for the purchase of $2,A certified check for $9,500, pay¬ North
Judson
Consolidated
057,114.60 not to exceed 5% in¬
able to the School Treasurer of Schools, is required.
terest coupon
bonds, divided as
the District, is required.
follows:
Ray Twp. School Twp. (P. O.
Paragon), Ind.
$445,000 general improvement po¬
INDIANA
Bond
Offering — Gray
Long,
lice and fire building bonds.
Allen County (P. O.
Township Trustee, will receive
Due on
May 1, as follows:
Fcrt Wayne), Ind.
sealed bids until 10 a.m. (CST) on
$45,000 from 1950 to 1954 in¬
Bond Offering—Fred C. Wiss- May 11 for the purchase of $21,000
clusive,
and
$44,000 from
nian, County Auditor, will receive not to exceed 4y2% interest build¬
1955 to 1959 inclusive.
sealed bids until 10 a.m. (CST) on ing bonds.
Dated April 1, 1949.
150,000 general improvement
May 10 for the purchase of $400,- Denomination $1,000. Due $1,000
park bonds. Due $15,000 on
000 not to exceed 4% interest Tu¬ on
July 1, 1950, and Jan. and
May 1 from 1950 to 1959 incl.
berculosis Hospital of 1949 bonds. July 1 from 1951 to 1960 inclusive.
1,462,114.60
internal improve¬
Bated May 1, .1949. Denomination Bidders to name the rate of inter¬
ment
curb,
gutter,
paving
<>1.000.. Due $20,000 on July 1, est, expressed in a multiple of
and
sewer
bonds.
Due on
1950; $20,000 on Jan. 1 and July 1 Va of 1%. The approving opinion
May 1, as follows: $148,114.60
from 1951 to 1959 inclusive, and of Ross, McCord, Ice & Miller, of
in
1950, and $146,000 from
$20,000 on Jan. 1, 1960. Bidders to Indianapolis, will be furnished to
1951 to 1959 inclusive.
name a single rate of
the purchaser at the expense of
interest, exDated May 1, 1949. Denomina¬
Pressed in a multiple of Vi-of 1%.
the School Township. A certified
tion $1,000, except one for* $1.114.Interest J-J. The approving opin¬ check for $500,
payable to the
60.
Principal and interest (M-N)
ion of Ross.
McCord, Ice & Miller, School Township, is required.
ot
payable
at
the
State
Fiscal
furnished
of
Chicago,
approving opinion
The
awarded
1383—were
Wichita,
In¬
Halsey, Stuart & Co., at
to
Barrow,
& Co., of Shreveport, and
W. R.
Stephens Investment
the
County.
IOWA
lor
3%
of
bonds
bid
hoard
of
is:
the
face
value
of
the
payable to the
County Commissioners,
required.
Elkhart, la.
A certified check
upon,
.
■
,
water
Feb. 15 were
awarded to Sparks & Co., of Des
Bond
Sale—The
$11,200
works bonds offered
Moines,
as
3y2s, at price of par.
multiple of Vs of 1%.
The ap¬
proving opinion of Stinson, May,
Thomson, McEvers & Fizzell, of
Kansas City, will be paid for by
Sale
—
Authority,
Mass.
The $876,000 first
2.86%,
The notes are dated May 5,
MAINE
Lewiston,
and mature on May
Me.
Sale—The $300,000 reser¬
Bond
public construction bonds
offered April 25—v. 169, p. 1823—
were awarded to Halsey, Stuart &
Co., New York, as l%s, at a price
100.28, a basis of about 1.46%.
of
Dated May 1,
from
second
law
to
1951
&
a
1969 inclusive.
1
The
LaidSecurities
York, jointly, for iy2S,
highest bidder was
Co.,
Corp., New
at
1949. Due on June
and Union
price of 100.01.
Carroll County (P.
wager,
offered April 28 were
Salomon Bros. &
a
basis
of
awarded to
Hutzler, of New
York, as iy4s, at a
about
price of 100.303,
1.147%. Second
high bid of 100.152 for
made by the Merchants
Bank of Boston.
iy4s was
National
Sale consisted of:
pavement
macadam
$180,000
1, as fol¬
1950, and
$35,000 from 1951 to 1954 inch.
lows:
O.
50,000
Westminster), Md.
—
Sale—The $230,000 bonds
bonds. Due on May
MARYLAND
Bond Offering
1949
15, 1950.
Brockton, Mass.
Bond
voir and
Agency, Topeka. Bidders to name
the rate of interest, expressed in
a
Note
7, 1949.
Housing
series, Boston 200-2 notes offered
Dated May 1, 1959. on April 28—v. 169, p. 1823—were
Due on May 1 from 1951 to 1974 awarded as follows:
inclusive. The second highest bid¬ $500,000 to the Detroit Bank, of
der was White, Hattier & Sanford,
Detroit, at 0.90% interest.
of New Orleans, on a bid reflect¬
376,000 to C. J. Devine & Co.,
New York, at 0.95% interest,
ing a net interest cost of about
2.87%.
plus a premium of $4.72.
about
'
Indianapolis, will be
Boston
Co., of Little Rock, jointly, on a
bid reflecting a net interest cost of
.
? t^e Purchaser at the expense
nt the
Due on Nov.
President of the
sidewalk construction
$10,000 on May 1
1954 inclusive.
bonds. Due
Emory A. Ber-
County Commissioners,
ceive sealed bids until
in
$40,000
Board of
will re¬
11
a.m.
from 1950 to
Bonds
are
Denomination
dated May 1, 1949.
$1,000.
Principal
»
!'
t'X
56
I]
H
Pepperell, Mass.
interest payable at the Na¬
tional Shawmut Bank /of Boston.
and
Legalityk approved by Storey,
Thorndike, Palmer & Dodge, of
I
Boston..;
fn
f'i
Chelsea
The
ond series notes offered oh
'!
and the
at 6.98%
interest.
May 3, 1949 and due
■•1
...
f
^
..
II
-offered
April
15,
28
were
,•./
,
1950 to
construction
May 45 from
inclusive,
15,
:
Mercantile - Commerce
Bank & Trust Co., St. Louis, Ma¬
1609—were not
rine
Trust" Co.,
were submitted.
Buffalo, Harris,
Hall & Co., Martin, Burns & Cor Grosse Pointe''Township (P. O; ;
bett, and McDougal & Co.,* joint¬
Grosse Pointe Park), Mich.
ly, for $360,000 as 5s; $120,000 as
Note Offering—Don J. Goodrow,
4%s; $1,470,000 as IV4S, and $1,Township Clerk, will receive seal¬
050,000 as iy2s, at a price of 100.03,
ed bids until 7:30 p.m. (EST) on
a
bonds.
Due
14,000
$1,000
Due
May
on
note
bonds.
Bonds
dated
are
May 1, 1949.
$1,000.
Principal
Denomination
be
to
option
the
at
10,
No.
Bond
(P. O. Manchester),
issue of $100,-
Sale—The
April 21
Watling, Lerchen & Co., of Detroit, at a price
of
to
awarded
was
100.04.
Bonds
due
from
1950
attorney, together
to
1954 bear 2.1/4.%i interest and
printed notes, shall be
those maturing from 1955 to 1963
v
furnished by the purchaser at his
inclusive are 2s.;
Topsfield, Mass. "
own
expense.
A certified check
r; Bond Sale
The $210,000 water
for 2% of the par value of the
Otisville, Mich.
bonds
offered - April
26
were notes,
payable to the Township
Bond
Sale—The $90,000 water
awarded
to
Whiting, Weeks & Treasurer, is required.
works system revenue bonds of¬
Stubbs, and Coffin & Burr, both
fered April 27—v. 169, p. 1609—
Handy Township School District
of Boston, jointly, as l3As, at a
No. 6 (P. O. Fowlerville),
were awarded to Jones B. Shan¬
price of 100.13, a basis of about
non & Co., of Detroit. Dated Feb.
Michigan
1.73%.
and
interest
payable at the
Trust Co., Boston. ' '
market
some
Day
with, the
.
"
,
Fall River Housing Authority,
Massachusetts
Note
.series
Sale
—
notes
The $60,000
offered
—
.
second
April
26—v.
169, p. 1823—were awarded to the
Second National Bank, of Boston,
at 0.95%
interest. Dated May 2,
1949. Due
J
Bond
'
Walpole Housing Authority, Mass.
'/
Note
Hull, Mass.
it
Offering—Sealed bids ad¬
dressed
Town
to
National
^
Carlton
H.
O'Donnell,
Treasurer, c/o the Second
Bank
of
Boston,
111
Franklin St., Boston, will be
re¬
ceived
until
11
a.m.
(DST) on
May 3 for the purchase of $122,<100 coupon public works building
bonds.
ill
Dated
May 15, 1949. De¬
$1,000. Due May 15,
nomination
'I*
follows:
as
$7,000 in 1950 and
1951, and $6,000 from 1952 to 1969
inclusive.
rate
of
Bidder to
name
a
and
semi-annual interest payable
Second National Bank of
Boston.
Legality
approved*by
at
the
Storey,
Thorndike,
Dodge, of Boston.
Palmer-'&
;
Note Sale
May 1, 1950. Legality ap¬
proved
by
Caldwell,
Marshall,
Trimble & Mitchell, of New York
City.
•
/
on
.
.
Neiv
Bond
offered
Bedford, Mass.
on
p. 1824
syndicate
Pea body &
to
a
composed of Kidder,
Co., of New York; Harriman Rip¬
ley & Co., Inc., Mercantile-Com¬
Bank
merce
&
Trust
Co.,
basis of about
a
$500,000
Due
■'
1.93%,
follows:
as
loan of 1946 bonds.
sewer
on
'
May 1 from 1950 to 1979
inclusive.
219,000 Highway Macadam Loan,
No.
v
•
1
1
of
1949
bonds.
May 1 from 1950
to
Due
on
1954 in-
elusive.
Dated
awarded
National
the
,
issue
Bank
of
$600,April 28
on
Merchants
the
to
of
at
Boston,
due
Nov. 3, 1949;*'
on
Housing Authority,
Massachusetts
Note
ond
—v.
to
a
gan
Sale—The
$1,250,000
sec¬
series notes offered April 21
169,
1716—were
p.
awarded
group composed of J. P.
Co.
&
Inc.,
Mor¬
interest.
0.883%
1949.
Due
second
Salomon
Dated
Jan.
on
highest
Bros.
1950.
bidder
was
&'/' Hutzler,
0.95% interest, plus
a
at
premium of
$50.00.
Sold—An
Bonds
special
l34s, at
about
issue of
assessment,
$222,-
general
a
price of 100.43,
1.67%.
a
basis
Dated
April 1,
1949. Due on April 1, as follows:
$15,000 in 1950, and $23,000 from
1951
1959
to
approved
inclusive.
Legality
Canfield,
by Miller,
Stone, of Detroit.
Bond Sale—The
ceive
sealed
(DST)
at
s
on
bids
until
5
L.
p.m.
May 5 for the purchase
discount
of
$150,000
revenue
anticipation notes of 1949. Dated
May 9, 1949 and due Nov 17, 1949.
Legality to be approved to Storey,
"Thorndike, Palmer
Boston.
.
&
Dodge,
of
'')!
31
$1,155,000 street
alley paving, Special Assess*-
ment Series M bonds offered
27—v.
to
169,
the
p.
n
::un
O
•
i
Bank
&
Trust
Co., of New York, and the Mer¬
cantile-Commerce Bank & Trust
Co., of St. Louis, jointly,
price of 104.10, a basis
a
1.35%. Dated May 1, 1949,
i\jc
♦
April
1824—were awarded
Chemical
Nov. 1 from
tu>
.
and
*
'
;
School District No.
Bonds
1955.
in
and
maturing in
option
1953, at
par
the date fixed for
to
Education, in inverse numerical
order, / on ; any. interest payment
date., on ;or after - May i,
1958, at
par and accrued interest on notice
published not less Lhan 30 days
prior to date fixed for redemption,
in a publication cir- ^
generally throughout the
State.
Principal;
and ; interest
(M-N) payable at the Farmers"
State Bank, Breckenridge.
Bidders to
Wyoming Twp. Sch. Dist. No. 2
/ (P. O. Grand Rapids), Mich. '
Bond
Offering — Frank
York,
,
District
the
name
rate
interest, expressed in
a
multiple of Vi of 1%. The ap¬
proving-opinion of Miller, Canfield, Paddock & Stone, of Detroit,
will
be
furnished, without ex¬
pense to the purchaser. A certified
check for $1,100, payable to the
District Treasurer, is required.
Holland
.
and
Park
Townships
Fractional Sch. Dist.
No.
receive:
8,; p.m. (EST) on
May 2 for the purchase of $90,000
to exceed
not
1959
inclusive,
1960 to
Offering
John
—
sealed
bids
until
7
re¬
(EST) on May 3 for the purchase
$100,000 not to exceed 3y2%
on
before
each
on
redeemed
as
each
tion
p.m.
v
3s, at
as
Dated
bond
As
for
redemp¬
or after June
1, 1954, but
June 1, 1956, $20. 'As to
bond
after
or
follows:
as
called
called
June
for
redemption
1956, but be¬
1,
bond
1, 1958, $15. As to each
called for redemption on or
June
1, 1958, but before
after
demption
in
inverse
numerical order the last two
turities
on
ma¬
Oct.
Due
on
or
The
the
at
Roosevelt
Bidders to
rates of interest,
Old
lk of '.
(J-J)
Kent -Bank,*1
Branch, Grand Rapids.
approving
opinion
of
some
market attorney will be furnished
by the purchaser at his own ex¬
pense.
A certified check for $1,-
000, payable to the District Treasurer, is required.
;
v
.
-
MINNESOTA
Hennepin
County
School
Con.
Joint
District
Indep.
No.
142
(P. O. Bloomington), Minn.
Bond Offering—Edwin B. Chad-
wick, District
Clerk, will receive
sealed bids until 8 p.m.
(CST) on
May 18 for the purchase of $60,000
building coupon bonds. Dated
May 1, 1949. Denomination $1,000.
Due
>
Jan. 1, as follows: $5,000
on or after June
1, 1960.
Principal and interest (J-D)
able at the bank
pay¬
on
1952
and
The> approving
of
opinion
Dorsey, Colman, Barker,' Scott &y
Barber, of Minneapolis,/ will be
furnished to the purchaser at the',
expense
of the District.
These;
bonds were authorized at a recent
election.''A certified check for
$l,«y
200
payable to the District Treas¬
urer, is required. -
Bond
Richfield, Minn.
Offering—John R.
Village
art,
sealed
bids
will
Clerk,
until 7:30
p.m
/
:
Stew¬
receive
(CST)
designated by the purchaser.
$500,000 permanent
ders
1958
or
expressed
be
1%.
revolving fund bonds.. Dated,May.,
1, 1949. Denomination $1,000. The ,
Village Council has reserved the;
right to determine as of t|ae time,
or
1955,
a
1959
are
called in 1954
premium
of
102
will
paid thereon, if called in 1956 or
1957, a premium of 101 will be
paid thereon, if called thereafter
no
premium will be paid. Bidders
name
the
rate
or
rates
to
name
or
trust company
Bid¬
the rate of interest,
in a multiple of
of
Legality to be approved by
the purchasers attorney at his own
A certified check for $3,000, payable to the District Treas¬
urer, is required.
expense.
of: in¬
terest, expressed in a multiple of
% of 1%.
Principal and interest
Red ford
;
Twp.
Union
Sch.
Dist.
No. 1 (P. O. Detroit 23), Mich.
(A-O)
payable at the- Peoples j Bond Sale—The $135,000 school
offered Feb. 7—v.
Bank, Holland.
The
ap¬ bonds
169, p.
proving opinion of the purchaser's 648—were
awarded
to
Barcus.
attorney will be furnished at the
of the purchaser. A
cer¬
tified check for $1,000, payable to
the District Treasurer, is required.
-
Bond Sale—The $3,000,000
and
price
&
Co., of Chicago, at a
100.06, a basis of about
of
2.49%,
as
$108,000
follows:
as
2%s.
Due
on
July
3
sew¬
garbage disposal system
27,000
as
2s.
Due
on
Dated Feb. 1, 1949.
July 1, 1S54.
for/ the
-
purchase of
improvement
of sale whether to issue bopds on
12-year maturity plan maturing
1, $50,000 in 4951 to 1956,
and $40,000 in 1957 to 1961,;with¬
a
May
out
option
of
prior'payment,^ or
20-year maturity plan ma->
turing May 1, $25,000 in 1951 to
1964, and $30,000 in 1965 ,to 1969,a
all
bonds
maturing aften May
Ny
1959, being subject to
redemption
at
interest
par. and
said
from 1950 to 1953 inclusive.
Lansing, Mich.
age
Kindred
9
on
State
expense
May
on
date
accrued
and
ment
date
name
the rate
1/10 of 1%.
of
interest
a
or
The
Faegre
Bidders
rates of
approving opin¬
0^
&
Benson,
;V:,-
u
j.f.
on
pay¬
to
interest,
multiple df V\ of or
thereafter.
expressed in
ion
any
■
>;
s
from
1, 1954 or any in¬
terest payment date thereafter. If
any such
bonds so maturing in
of about
1949 to 1953 inclusive.
payable
June 1, 3960, $5. No premium shall
be paid on bonds called for re¬
payment
$5,000
expressed in a multiple of
1%. Principal and interest
p.m.
fore June
of
for
and
in'
1953; $10,000 from 1954
maturing in the years 1960 to 1964, to 1957 inclusive and
$5,000 in
shall be subject to redemption at
1958 and 1959./ Bidders to name aythe option of the District, in in¬
single rate of inetrest, expressed
verse numerical order on
any in¬ in a
muliple of V\ or 1/10 of 1%.
terest payment date on or after
Principal and interest payable at
June 1, 1954, at par and accrued
any
suitable banking institution^
interest to the date fixed for re¬
designated by the successful bid¬
demption plus a premium for each
der.
Essen-
burg, District Secretary, will
ceive
and
interest school
1969 inclusive.
the rate
name
re¬
1959; $11,000 in 1960
1961; $14,000 in 1962 and 1963,
$15,000 in 1964. The bonds?
and
to
(P. O. Holland), Mich.
Bond
8
3%
bonds.. Dated July 1, 1949.
Denomination $1,000. Due on July
1, as follows: $4,000 from 1950 to
coupon
Dis-
000 in 1954 to
bond
9
until
Secretary; /. will
sealed bids until
on
bids
:
a-
April 1,1949. Denomination $1,000.
Due June 1, as follows: $5,000 in
1950 to 1952; $7,000 in
1953; $10,-
redemption.
or
William
Secretary, will
terest school coupon bonds.
to be designated by the pur¬
rates
—
*
once
culated
May 3 for the purchase
of $147,000 not to exceed 4% in¬
Principal
and
interest
(A-O)
payable at a bank or trust com¬
or
sealed
(EST)
any
on
District
ceive
interest
or after April 1,
and accrued interest
order,
payment date on
Offering
cher,
District in inverse
the
of
numerical
Bond
1954
redeemed at the
1955 may be
1 (P. O.
Austin), Mich.
Port
1950 to
to
&
Detroit, Mich.
Northampton, Mass.
from
bonds
able
obligation bonds has been sold to
Halsey, Stuart & Co. Inc., Chicago,
as
1
1, 1949. Denomination $1,000. Due
$10,000 April 1, 1950 to 1959. Call¬
Dearborn, Mich.
of
July
on
school coupon bonds. Dated April
MICHIGAN
000
of
1, as follows: $10,000 from
1954 inclusive, and $5,000
April
April
18,
due
1978 inclusive. The
.
City
Bank, both of New York, and the
Second National Bank, of Boston,
at
and
to
8
■
National
May 1, 1949.
re¬
until
chaser.
Paddock
Note
Offering —
Albina
Richard, City Treasurer, will
bids
Deposit & Trust Co.,'second high
bidder, named a rate of 0.705%.
are
1949
1953
will
Education,
pany
Worcester
1,
Eggles-
D.
the Board of
receive
sealed are callable at any time on or
after July 1, 1951, at varying pre¬
p.m. (EST) on May
4 for the purchase of $55,000 not miums depending on the date of
to
exceed
4% interest building redemption.
*
' "
'
•" '
coupon bonds. Dated May 1, 1949.
Port Austin
Township Fractional
Denomination
$1,000.
Due
on
Secretary
ton,
0.689% discount. The Boston Safe
St.
Louis, and Lyons & Shafto, of
Boston, as 2s, at a price of 100.52,
of
18 Tremont
000 tax notes offered
was
The
April 27—v. 169,
awarded
—were
office
Weymouth, Mas.
Sale—The
Note
28,
Sale—The $719,000 bonds
v
the
at
.
The $100,000 first
—
W.
Street, Boston, until noon (DST)
on
April 28 for the purchase of
$50,000 First Series notes.
Dated
May 5, 1949. Due on May 5, 1950.
The approving opinion of Sulli¬
van,
Donovan & Heenehan, of
New York City, will be furnished
by the Authority.
/
-
Notes
Bank, of Boston, at 0.91% interest.
Notes are dated May 1,
1949.
Due
bids
sealed
flfedford Housing
Authority, Mass.
series notes offered April 21 were
awarded to the Second National
Albert
—
State Housing Board,
single
interest, expressed in a
of 44 of 1%. Principal
multiple
Offering
Smith, Chairman, will receive
Offering—M.
'•
of
.
Bond
15, 1949.;
*
i
Nov.
on
'
,
1961.' Bonds ma-'
turing in 1959 to 1961, will be sub¬
ject to redemption prior to ma¬
turity at the option of the Board
000 school bonds offered
approving opinion of
Pointe.- The
Township Sch. Dist.
Michigan
the
of
2
of
form
and
May *1, 1952 to
at least
Manchester
purchaser. Due on Jan. 10, 1950.
Principal and interest payable at
the Grosse Pointe Bank, Grosse
from
1
1950 to 1963 inclusive.
.
Bank, of Boston.
drainage
surface
Denomination
1949.
May
Dated
notes.
ticipation
?
basis of about 1.50%.
May 10 for the purchase of $40,000
not to exceed 4% interest tax an¬
May 1 from 1950 to
on
Chicago,
11—v. 169, p.
sold as no bids
bonds offered April
45,000 sewer bonds. Due $3,000 on
.May 1 from 1950 to 1964 incl.
Principal
wealth of Massachusetts.
ir
~
•
linois National Bank & Trust Co.,
interest school
4%
exceed
to
not
1959 inclusive.
1949.
.Legality approved by the Director
of Accounts, Department of Cor¬
porations and Taxation, Common¬
mains
water
...$5,000
interest payable at the Mer¬
chants National
'
ds* offered
o n
V...
O.
2, 1949.
notes
Sale consisted of:
$50,000
notes.
on
1954
y. Notes are dated May
Denomination
$1,000.
:
(P.
$30,000 building'^'
April 22 were *
"
-
$109,000
.
Due $8,000
{
Bond Sale—The
b
2
"
.
e,/
.'. V*
District No.
Brechenridge), Mich.
.
,
awarded
,
inclusive.
40,000 street
and
'/" ;4
;
.
sewer notes. 1 Due $3,000
May 15 from 1950 to 1959
on
r.
follows:'-
,v". '
;■
.
1,
*
:
-
*
as
$70,000
/
May
Due on
School
Co., of Nashville; at a price of
100.13, a- basis of about 1.50%, as
.
_
;)'
May 1
on
'
.
1
'
1954.
offered on April 28 were awarded
l'tys, at a price of to the Second National Bank of
of 100.02, a basis of about 1/244%.
Boston, as
l3As, at a price of
Second high bid of
100.714 for 100.92, a basis of about 1.606%.
l.%s- was made by Estabrook & Second
high bid of 100.77 for l3As
Co.,rof Boston;
y.y'
y t was ^made
by
the
Middlesex
Sale consisted of:
;
■!- County National Bank of Everett.
Boston,
Ft
2y4s.
as
Dated May
group
to- the Merchants National Bank of
j
Due
The second $480,000 as 5s. Due on May 1 from awarded to the Channer Securities
1950 to 1953 inclusive. :
Co;, of Chicago; as 2%s, at a price
highest
bidder was
McDonald-* :l
Hutzler, both of New York, also Moore & Co., for $240,000 as 3s, .1,470,000 as iy4S. Due on May 1 of 100.12, a basis of about; 2.72%.
from 1954 to 1964 inclusive,
The
the Second National Bank of Bos¬ Sand $60,000 as 2l/2s, at a price of
second /-highest bidder was
i 1,050,000 as iy2s. Due on May 1 Roosevelt & Co,, for 3y2s, at a T
ton, at 0.98% interest. Dated May 100.11, a basis of about 2.79%.
from 1965 to 1971 inclusive.
price of 101.T5.
•
/
5, 1949 and due Feb. 15, 1950.
Egelston Twp. Sch. Dist. No. 3Bonds are dated-May
v
1, 1949. /.
Dated May 1; 1949. The-second
S tone ham Mass. '
(P: O. Ravenna), Mich.
*"*■
Denomination $1,000.. Due:
$3,000
Bonds Not Sold — The $15,000 highest bidder was Continental Il¬
Note Saie^-The
Dedham, Mass.
"x
60,000
169, p. 1824—were awarded to
composed of J. P. Morgan
& Conine., and Salomon Bros. &
; Note Sale—The $70,000 notes
r
2%s.
as
.
1949.
.
Inc:, of Toledo, at a
basis of about
from 1S50 to 1953 inclusive.
;
v.
a
Dated
Nov.
on
$240,000
Note Sale—The
v
^
—v. 169, p, 1824-—-were
awarded to
York, National State the River Rouge Savings Batik at
Bank, of Newark, Detmer & Co.,: 2% interest. Dated April 27: 1949
of Chicago, Trust Co. of Georgia, Due "on Aug.' 12,
.W49>/:'';,.?:.!i;.;V/
of Atlanta, Wood, Gundy & Co., oi
Wheeler and Bethany
Twps. Frac.
New York, and J. C. Bradford &
price of 100.03, a
2.57%, as follows:
Housing Authority, Mass.
$350,OoO second
series notes offered, on April 28—
;
Second National Bank of
Boston,
V)
Harris & Co.,
Rivet Rouge;: Mich.
*
"-o'.'tf
•Note-S^e^The $90,000 tax
an-'
tieipation notes offered April -26
both of New
1824—were awarded to Stranahan,
Bank, of Ayer,.as Is, at a
Salem
27—v. 169, p. 1823—were
■A
Na¬
First
the
to
"
inclusive.
$1,040,000 sec¬
April
awarded
*o\a group composed of J. P.
Morgan & Co., Inc., and Salomon
Bros &Hutzler,both of New York,
H
—
bonds offered April 25—v. 169, p.
Twp. Sch. Dist. No. 9
,1716—were awarded to a syndi¬
(P. O. Allen Park), Mich.
Bond Sale*—The $300,000 school cate composed of the Chase'Na¬
bonds offered April 26—v. 169, p. tional Bank, A. C. Allyn & Co.,
$18,700
price of par. Dated May 1, 1949.
Due on May 1 from 1950 to 1954
Mass.
Housing Authority,
Note Sale
•
awarded
were
tional
'
^
.
Monday,'May 2;1949
Ecorse
'
school
remodeling bonds offered April 26*
Sale—The
Bond
-
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(1932)
i-4 .<<
A',
M.-t
Oj
.'ikl
|4'1
,
169
Volume
^
Woody, of
St. Paul will-tie1: furnished *9.' the
purchaser without; cost. ,.-.,A cer-l
tified check for $10,000, payable
to the Village", is required. J
;* t
;
St. Louis County (P. O.J
^
Minneapolis, and H. W;
Duluth), Minn.»<•.;.!.
> 3
Sale—The<$850,000 county
hospital bonds offered April. 20
P. I486—were awarded
Mercanti le - Commerce Bank
& Trust Co.* of St. Louis; National
State -Bank, of Newark,, and Kalman & Co,, of St. Paul,;jointly;as
4s at a price, of 108.54,, a basis'of:
about 0.95%.- Dated May 1, 1949.
Due on July 1 from 1950 to 1954
inclusive. The second highest bid¬
der was .William .Blair .& Co., for
Is, at a price of 400.08, a basis .of
477469,
the
-
-77,
Benton
Branchhurg Twp. School District
-
,
(P. O. Box No. 65, North \
Branch Station), N. J.
Bond Offering—William E. Du-
MONTANA
Dist. No.
National Bank of Somer-
Second
Bond
Offering—M.
K. Martin,
District Clerk, will receive sealed
bids until 8 p.m. (MST) on May
Bidder to
ville.
name
$3,000 on May 1 from 1951 to 1955
inclusive.
Bidders to name the
rate of interest, expressed in a
of 1%. Prin¬
cipal and interest payable at any
suitable bank or trust company
designated by the purchaser. The
approving opinion of Faegre &
Benson, ot, Minneapolis, wili be
furnished to the purchaser. A cer¬
tified check for $300, payable to
the city, is required,
multiple of lU or 1/10
■•***•'*
HI r
Copiah County (P. O.
Hazlehurst), Miss.
Bond Offering — The County
Board of Supervisors will receive
sealed bids until May 16 for the
interest, expressed in a multiple of
Vs or 1/20 of 1%. The approving
are
whether
will be redeemable
interest
issue.
$1,000;'
Bond
Darby,
County
Denomination
1
date from and
from the date of
Interest J-J. A certified
County
of the Board of
Supervisors, will receive
Clerk
payable to the
check
for
above
Clerk, is required.
Silver
$3,000,
(P.
Butte), Mont.f :,
Bow
O.
County
Offering—Addis
Bond
,
Ai
Mc-
of the Board of
Commissioners,;* will re¬
sealed bids until 11 a.m.
Clerk
Grath,
at
Due
•
169,
group
'
,
7"';
bonds
p.
\
"
school
offered April 25—
MacBride,
of Newark, taking
2.20s, at a price of
100.53, a basis of about 2.15%.
Dated Feb. 1, 1949. DUe on Feb. 1
from 1950 to 1979 inclusive.
$339,000
as
Woodbury, N. J. «' ,V
Bond Offering — Albert J,. Rig-
school coupon or
Dated
of $400,-
interest
registered bonds.
Feb.,1, as follows; $10,000
to-1959 inclusive, and
1950
County
from
ceive
$15,000 from 1960 to 1979 inclu¬
sive. Principal and interest (F-A)
(MST)
May
on
16 for the pur¬
$995,000 not to exceed
6% interest land acquisition, and
of
chase
Civic
Center Construction
Dated June
1, 1949.
bonds will be the
bonds.
Amortization
first choice and
choice of
Board. If amortization bonds
sold and issued, the entire
serial bonds the second
the
are
issue
may
bond
or
both
basis
a
ond
100.73.
as
hereinafter pro¬
;
:
.
Sale
Note
clusive.
April 22—v. 169,
awarded
1717—were
p.
lows:'
the
to
Dated
and Associates, as
'•
'■
.
■{
plus
terest,
of
premium
a
$10.43.
May
and
1949
10,
due
>
offered
notes
awarded
to
Sale—The
on
$600,000
1949 and mature on
Delafield & Wood, of
New York City,-.will, be .furnished
to the purchaser. A certified check
for $8,000, .payable to the City, is
required.
The
notes
Hawkins,
'»
Bond
MEXICO
Offering
City
Clerk,
will
bids
until 2
p.m.
—
A.
for
the
receive
(CST)
10,
able to the
Dec. 15, 1949.
—
sealed
on
May
Edward
Strum, City Clerk-Treas.,
ceive
sealed bids, until
accepted bids on
will re¬
2
rate
of
interest,
to
name
expressed
various
April 26 for 53
New
York
State
of
local municipal bonds aggre¬
gating $4,985,500.
NORTH CAROLINA
County (P. O.
Gastonia), N. C.
Gaston
Bond
the
in a
Offering
—
W.
E.
Easter-
ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh,
1/10 of 1%.
interest
(M-N)
payable
at the First
National
Bank,
Olqan.
The • approving
opinion of Vandewater,
Sykes,
Heckler
& ' Galloway,
of New
York City, will be furnished to
the purchaser without
cost.
A
certified check for $960, payable
to the City, is required.
of V4
Principal
and1
multiple
,
and
the purchase of
5% interest
Bidders
Y.
lots
p.m.
Due on May 1,
as
follows: $10,000 in 1950; $12.000 in 1951 and 1952, and $14,000
1953.
Trust Co., N.
Portfolio Award—The Company
W.
nomination $1,000.
in
City, is required.
United States
paving 1949 coupon or registered
bonds.
Dated May 1, 19497 De¬
W. Rash,
purchase -of $250,000
not to exceed 4% interest water
revenue
bonds.
Dated April 1,
1949.
Denomination $1,000.
Due
16
the
$48,000 not to exceed
Hobbs, N. Mex.
Bond
City, will be furnished to
purchaser without cost.
A
certified check for $15,200, pay¬
York
Olean, N. Y.
Offering
(DST) May 4 for
NEW
May
dated
are
and
opinion
follows:
Co., of New York, as
1950
terest, expressed in a multiple of
V4 or 1/10 of 1%.
The approving
of Vandewater,
Sykes,
Heckler
& ' Galloway,
of
New
date were
Winthrop &
same
Robert
in
cipal and interest (M-N) payable
at
the
City Treasurer's office.
Bidders to name the rate of in¬
May 10, 1950.
Additional
$85,000
$100,000 in 1952 and 1953;
$80,000 in 1954; $40,000 in 1955;
$45,000 from 1956 to 1958 inclu¬
sive; $35,000 in 1959, and $10,000
from 1960 to 1969 inclusive. Prin¬
1951;
in¬
0.94%
at
notes,
plus
terest,
1949. Denomina¬
The bonds stated in
will mature May 1
May 1,
$1,000.
follows:
as
$200.00.
10,980,000
Due
1950
and
combination
of
premium
a
tion
''
in¬
0.95%
at
notes,
$20,031,000
Dated
,
,
Co., of
fol¬
Trust
&
Bank
Chemical
New York
'
:
$25,000 in 1959.C bonds. Due on
May 1, as follows: $45,000 in
1950
and
1951;
$60,000 in
1952 and 1953, and $40,000 in
1954.
' '
$31,011,000
The
—
7 ;
7.
250,000 Series
New York
notes offered on
;
$35,000 from 1956 to 1958 in¬
,
City Housing Authority,
pressed in a multiple of lA or 1/10
of 1%. The approving opinion of
as
vided; the sum of $49,800 of said
serial bonds will become payable
7
New York
interest
4%
310,000 Series B bonds.
Due on
May 1, as follows: $30,000
from 1950 to 1955 inclusive;
price of
$200,000 notes, at 0.91% interest.
200,000 notes, at 0.92% interest.
200,000 notes/at 0.93% interest.
upon
payable in semi-annual install¬
ments during a period of 20 years
from the date of issue. If serial
bonds are issued and sold they
will be in the amount of $1,000
The sec¬
2^s, at a
for
exceed
to
$200,000 Series
A
bonds..
$10,000 on May 1 from
to .1969 inclusive. * •
highest bidder was Roosevelt
Cross,
not
follows:
May 1 from
1977 inclusive.
to
1950
to
of New
payable at the First National Bank
& Trust Co., Woodbury. Bidders to
name a single rate of interest, ex¬
the Board may deter¬
at the time of sale,
principal and interest to be
bonds,
mine
be put into one single
divided
into
several
000
public improvement, 1949 couport
or
registered bonds, divided as
22—w.
2.40s, at a price of 100.77,
of about 2.33%.
Dated
as
May 1, 1949. Due on
gins, Jr., City Clerk, will receive
sealed bids until 8 p.m. (DST) on
May 3 for the purchase
000
not
to
exceed 6%
City Comptroller, will receive
bids until noon (DST) on
May 5 for the purchase of $760,-
,
awarded
1717—were
169,: p.
York,
composed of Stroud & Co.,
Co.,
April
offered
bonds
1717—were awarded to a
&
"
Liberty, N. Y.
Newburger, Loeb & Co.,
&
N. J.
Co., of New York, and
/
Y.
son,
'
Bond Sale—The $57,000 sewer,
.1949
Philadelphia, Boland, Saffin &
Miller
•"
,
7
1967
:
■
•
N.
Offering—Thomas J. Nel¬
Bond
sealed
1, 1949.
Sale—The $340,000
1949
of
of
\
Salem,
'
Bond
v.
;
2.30s.
Utica,
second highest bidder
L',: Bame, Nassau, for
The
John
was
of
basis
a
May /1 from 1951 to
on
inclusive.
•
100.15,
Dated May
1.88%.
1948. Due
inclu¬
Oct. 1 from 1949 to 1968
sive.
New York, as 1.90s,
of
price
a
about
on
years
(P. O.
Gulf port), Miss.
■
I
Offering — Cooper J, each, except
Harrison
*
not to exceed
in full on any
payment
10
after
bonds,
serial,
paid.
The
amortization or
bonds
Weld & Co.; of
Potsdam, as 1Y4 s^ at a price of
par.
Dated June 1, 1949 and due
on June 1 from 1950 to 1958 incL
Rochester,
Sage,: Rutty & Co., of
at 2.10s. Dated Oct. 1,
Co.,
of
169, p. 1717—were awarded to
v.
purchase of $60,000 not
exceed
6%
interest building
'
purchase of $25,000
iy2% road bonds.
.
*
to the Potsdam Bank & Trust
bonds offered April 22—
system
the rate of
17 for the
yuk,'City Manager, will receive
sealed bids until 8 p.m. (CST) on
May 10 for the purchase of $15,000
fire station bonds.
Dated May 1,
1949.
Denomination $1,000. Due
-
of
—
-
-MISSISSIPPI 7
Bank,
4
Bank,
voq\\*
National
.
:Wayzata, Minn.
Offering—Edward G. Ba-
•
County
.
Minneapolis, for
price of 100.30.
Bond
1825—were awarded to the Oswe¬
go
^
,
,
2s, at a
high¬
1949 bonds offered
22—v; 169, p. 1717—were
Phoenix, as f.90s,, at a price of
1 mont, District Clerk, will receive April
100.33, a basis of about 1.86%.
sealed bids until 8 p.m. (DST)-on awarded to the Citizens Bank, of
(P.' O. Missoula), Mont. / V"
Dated April 1, 1949.
Due on Oct
Bond Offering—W. H. Swearin- May 9 for the purchase of $190,000 Penn Yan, as 2s.
Dated April 22,
1 from 1949 to 1966 inclusive.: T)ie
Due on Feb. 1 from 1950 to
gen, District Clerk, will receive not to exceed 6% interest school 1949.
second highest bidder was R. D.
sealed bids until 8 p.m.. (MST) on interest
coupon
or
registered 1954 inclusive. The second high¬
White & Co., for 1.90s, at a price
May 24 for the purchase of $1,077,-; bonds. Dated June I, 1949. De¬ est bidder was Sage, Rutty & Co.,
of 400.16.
V
; v
,
000 building bonds. These bonds nomination $1,000. Due on June 1, for 2%s.
;
were
authorized at the election as follows:
$9,000 from ,1950 to
Potsdam, N. Y. - « »
Gates, Pixley Road Water Dist.
held on April 2.
/
" V
•'■> ;-i, 1959 inclusive, and $10,000 from
Bond Sale
The $90,250 public
(P. O. 1548 Buffalo Road,
1960 to 1969 inclusive.
Principal
improvement bonds offered April
Roosevelt County High Sch. Dist.
Rochester), N. Y.
and interest (J-D) payable at the
28—v. 169, p. 1826—were awarded
No. D (P. O. Bainville), Mont.
Bond Sale—The $10,000 water
County Sch.
Missoula
tpd. . Sch. .Dist. tees may determine-upon at the
;
No. 1 (P. O. Wadena), Minn.
time of sale, both principal and
Bond Sale—The $175,000 build¬ interest to be payable in semi¬
ing bonds offered April 22—v. 169, annual installments during, a pe¬
p. 1716—were awarded to a group riod of 20 years from the date of
If serial bonds are issued
composed of J. Mr Dain & Co., Al- issue.
lisob-Williams Co., and Piper, J af¬ and sold they ; will be in the
fray & Hopwood, all of Minne¬ amount of $1,000 each; the sum
apolis, as 2s, at a price of 100.77, a of $3,000 of the serial bonds will
basis of about 1.88%. Dated May be payable on March 1, 1950, and
% 1949. Due on May 1 from 1952 the sum of $3,000 will become
to 1964 inclusive.
The, second payable on the -same day each
highest bidder was Northwestern year thereafter until all of such
National
Sale—The
$69,000 water
bonds offered April 26—v. 169, p,
purposes,
way
57
Phoenix, N. Y.
Bond
(P. O. R. D.,
PennYan), N Y.
Bond
Sale—The $7,500
*
opinion of Hawkins, Delafield &
to
about10.97%.
: ^
Wood, of New York City, will be
and
equipment
bonds. - Dated furnished to the purchaser. A cer¬
St. Louis Countylndep. Sch. Dist.
June 1, 1949. Amortization bonds
'■
tified check for $3,800, payable, to
No. 39 (P. O. Eveleth )f Minn.
will be the first choice and serial
the
board of * Education, is re¬
A Certificate S a l e Details
The
bonds will be the second choice
'
"
$42,030 lax anticipation cerlif- of the School Board. If amortiza¬ quired. - /
icates purchased b.y the Miners
Hackettstown Sch. Dist,, N. J."-/
tion bonds are sold and issued the
National Bank of Eveleth, as: pre¬
Bond Sale—The $220,000 school
entire issue may be put into one
viously noted in v. 169, p. 1609,
bonds offered April 21—y, 169, p.
single bond or divided into sev¬
were sold at 3V4%- interest.,
;
1717 — were awarded to White,
eral bonds as the Board of Trus¬
Wadena .County
(1933)
NEW YORK
NEW JERSEY
bidder was
Corp., at; a
highest
?
Equitable Securities
price of 104.03.
7.
Bond
to
second
The
CHRONICLE'
&r FINANCIAL
COMMERCIAL
THE
Number 4799
or
until 11
a.m.
(EST)
on
May 3 for
April 1, as follows: $7,000 in 1951,
the purchase of $800,000 not to ex¬
like
sealed bids until 11 a.m. (CST) on
ceed 6% interest school building,
$8,000 in 1952 and 1953, $9,000 in
amount
on
the same day each
1954 to 1956, $10,000 in 1957 to
May 3 for the purchase of $58,500
Series
B; coupon bonds. Dated
year
thereafter until all " such
agricultural high
school - junior
1960, $11,000 in 1961 and 1962,
June 1, 1948. Denomination $1,000.
bonds are paid, except that the
Due on June J, as follows: $30,000
college bonds. Dated May 1, 1949.
$12,000 in 1963 and 1964, $13,000
last
installment will be in the
Denomination $500. Due on May
in 1965 to 1967, $14,000 in 1968,
in 1950; $20,000 from 1951 to 1958
amount of $48,800; that nine hun¬
1, as follows; $3,500 from 1950 to
$15,000 in 1969 to 1971, and $16,inclusive; $25,000 in 1959; $30,000
dred seventy-nine of said serial
1954 inclusive; $4,000 from 1955 to
000 in 1972.
Bonds maturing on
from 1960 to 1962 inclusive, and
bonds shall be in the amount and
1962 inclusive, and $4,500 in 1963
and after April 1, 1957, are sub¬
$45,000 from 1963 to 1973 inclu¬
denomination of $1,000 each; and
Peru, Ausable, Saranac, Schuyler
and 1964.
The right is reserved
sive. Principal and interest (J-D)
ject to
redemption in inverse
Falls and Black Brook Central ,
twenty of such bonds shall be in
numerical order at the option of
by thd County, at its option; to call
payable in New York City. Bid¬
the
amount of $800 each. The
School District No. 1 (P. O.
the City on April 1, 1956, or on
ders to name the rate or rates of
*n> pay and redeem any or all of
Peru), N. Y.
bonds, whether amortization or
the,bonds maturing in the years
interest, expressed in a multiple
any interest payment date there¬
serial bonds, will be redeemable
Bond Offerings Marion D. of V4 of 1%. The approving opin1955 to 1964, prior to their matur¬
after at a price equal to the prin¬
in
full
at
the
option of the
ity, on Nov. 1, 1954, or on any in¬
cipal amount thereof with ac¬ Clark, District Clerk, will receive iop of Mitchell & Pershing, of
terest payment date thereafter, at County, 5 years from the date of crued interest to the redemption sealed bids until noon (DST) 'on New York City, will be furnished
issue and upon any payment due
par and accrued interest and in
date, together with a premium in May 11 for the purchase of $240,- the purchaser. A certified check
not to exceed 5%
interest for $16,000, payable to the State
the inverse order of their num¬ date thereafter before maturity to accordance with the following pe¬ 000
be so stated on the face of the
bers. Principal and interest pay¬
riods during which option to re¬ building and equipment coupon or Treasurer, is required.
bonds.
Interest J-D.
These are
able at the office of the County
registered bonds.
Dated May 15,
deem is exercised: April 1, 1956
Gibsonville, N. C.
the bonds authorized at the elec¬
1949. Denomination $1,000. Due on
to and including Oct. 1, 1958, at
Depository, in Gulfport. The ap¬
tion held on Nov. 2, 1948. A cer¬
Nov.
Bond Sale—The $50,000 coupon
15,' as follows: $6,000 from
proving opinion of Charles &
3%; and April 1, 1959 to and in¬
tified check for $5,000, payable
Trauernicht, of St. Louis, shall be
cluding Oct. 1, 1971, at 2%. Prin¬ 1950 to 1956 inclusive, and $9,000 water and sewer bonds offered on
paid for by the purchaser. A cer¬ to the above Clerk, is required.
cipal and interest (A-O) payable from 1957 to 1978 inclusive. Bid¬ April 28 —v. 169, p. 1826 —were
tified -check for 2%< of the par
without deduction for exchange or ders to name the rate of interest, awarded to Kirchofer & Arnold
NEW HAMPSHIRE
value of the bonds, payable to the
collection
charges
at the Lea expressed in a multiple of V4 or Associates, of Raleigh, at a price
County Board of Supervisors, is
County State Bank, Hobbs. The 1/10 of 1%. Principal and interest of 100.06, a net interest cost of
Troy, N. H.
.
required.
•
•'
approving opinion of Pershing, (M-N) payable at the Plattsburg about 2.405%, as follows:
Bond Sale—The $100,000 water
Bosworth,
Dick & Dawson, of National Bank & Trust Co., Platts¬ $27,000 2V4S. Due on May 1 from
main bonds offered April 27—v.
Quitman, Miss.
The approving opinion of
1951 to 1961 inclusive.
Denver, together with the printed burg.
Bond Sale—The $100,000 street 169, p. 1825—were awarded to
bonds, will be furnished to the Reed, Hoyt & Washburn, of NeV(
23,000 2V2S. Due on May 1 from
improvement bonds offered April A. C. Allyn & Co., of Boston, as
York City, will be furnished to
1962 to 1967 inclusive. ..
26—v. 169, p. 1496—were awarded 2V4S, at a price of 100.26, a basis purchaser without cost. A certi¬ the
purchaser. A certified check
to M. A. Saunders & Co., of Mem- of about 2.22%.
All of the bonds are dated May
Dated May 1, fied check for 5% of the amount
for $4,800, payable to the order of
of the bid, payable to the City
Phis, and Cady & Co., of Colum¬ 1949. Due on May 1 from 1950 to
1, 1949.
the District, is required.
Treasurer, is required.
bus, jointly, at a price of 104.25. 1979 inclusive.
on
June
1,
1950,.
and
a
(
-
.
58-
Jackson County (P. O.
Sylva),
$27,000
as 5s. Due on May
1951 to 1953 inclusive.-
C.
N.
241,000
'
Bond
A
Sale—The
school
April 26
$200,000 series
building
bonds
169, p.
v.
—
1826
—
132,000
were
to a group composed of
H. S. Dickson & Co., of Charlotte,
Vance Securities Corp., of Greens¬
boro, and J. Lee Peeler & Co., of
Durham, at a price of par, a net
interest cost of about 2.9745%, as
follows:
1950 to
1960
144,000 3s.
1961 to
May 1 from
on
Due
1949.
inclusive.
May
on
1 from
Second
high bid
for all of the bonds
of
cost
Wachovia Bank & Trust Co.
Ramseur, N. C.
Bond
Offering—W.
E.
Easter-
ling, Secretary of the Local Gov¬
ernment
Commission, will receive
Raleigh,
sealed bids at his office in
until 11
(EST) on May 3 for
purchase of $111,000 not to
6% / interest
water
and
a.m.
exceed
sewer
bonds.
Dated May
Denomination
$1,000.
coupon
1949.
I,
Due
May 1, as follows: $2,000
from 1951 to 1965 inclusive; $3,000 in 1966 and 1967, and ,$5,000
on
from 1968 to 1982 inclusive. Prin¬
cipal and interest (M-N) payable
in New York City.
The approv¬
ing opinion of * Reed,
Hoyt &
Washburn, of New York City,
will
be
furnished
chaser.
to
the
pur¬
A certified check for $2,-
payable
200,
State Treas¬
the
to
is required.
urer,
Co., ^Wilson,
Vance
Securities
Corp., Greensboro, and J. Lee
& Co., jointly, for $41,000
as 6s; $116,000 as 2y4s; $80,000 as
2yzs, and $163,000 as 23/4s, at a
price of par, a basis of about
Sampson County (P.
Clinton), N. C.
O.
Bond
Sale—The $235,000 series
public hospital bonds offered on
April 26 — v. 169, p. 1826 — were
to
a
composed of
group
Bond Offering
<
will
receive
series bonds.
Dated
Denomination
000 in
1952; $2,950,000 in 1953; $3,000,000 in 1954; $3,050,000 in 1955;
$3,100y000 in 1956; $3,150,000 in
1957;
to
$3,200,000 in
name
rate
one
1958.
Bidders
of
interest, ex¬
pressed in a multiple of y4 or 1/10
of 1%. Principal and interest (J-J)
payable at the State Treasurer's
office
at the Bank of North Da¬
or
kota, Bismarck, or at the main of¬
fice of Empire Trust Co., in New
York, N. Y. The approving opinion
of
the
State
Attorney-General,
Hawkins, Delafield & Wood, of
New York City, and Dorsey, Colman, Barker, Scott & Barber, of
Minneapolis, will be furnished to
the purchaser at the expense of
State.
These
the
are
bonds
authorized at the election held
on
June
29, 1948. A certified check
$500,000, payable to the order
the State Treasurer, is required.
for
of
sold
of about
ciated
$34,000 4V2S. Due
1950 to
000
42,000 6s. Due
March 1 from
on
IV2S.
Due
on
March
1
the
bonds
dated
are
March 1, 1949. Second high bid of
100.51 for $190,000 2V2s and $45,000
2%s,
of
or
7%
warrants,
interest
&
net interest cost basis
a
about 2.544%,
made by a
group composed of the Interstate
Securities Corp., Charlotte, FirstCitizens Bank & Trust Co., Smithfield, and the Trust Co. of Georgia,
offered
&
both
members
price
cost
$150,000 water
bonds offered April 26
169, p. 1826—were awarded
syndicate composed of J. Lee
Peeler & Co., of Durham, Vance
Securities Corp.,
of Greensboro,
Kirchofer
&
Arnold
Associates,
Inc., of Raleigh, and R. S. Hays &
Co., of Durham, at a price of
100.062, a net interest cost of about
—v.
to
a
2.3532%,
$20,000
as
follows:
6s., Due
on
May
1
from
1951 to 1955 inclusive.
25,000 3y4s. Due
on May
1956 to 1960 inclusive.
Frederick
95,000 2y4s. Due
1961 to
1971
10,000 Is. Due
on
May 1 from
inclusive.
on
All of the bonds
May 1, 1972.
are
dated May
1, 1949. Second high bid of par for
$16,009 6s; $39,000 2s; $75,000 2y4s,
and $20,000 2%s, or a net interest
cost
of about 2.3536%, was made
by R. S. Dickson & Co., of Char¬
to
and
Sale—The
syndi¬
a
electric
April 26
—v.
light
169,
bonds
p.
offered
1826—were
awarded to
a
group composed of
Alex. Brown & Sons, of
Baltimore,
Equitable Securities Corp., and
John Nuveen & Co., of
Chicago, at
a
price of
2.66%,
as
a
basis ,of .about
follows:
!* "JfV*"
par,
Grove,
bids
sealed
until
second
improvement,
series
on
bonds
Sept.
1 from
iy*s.
as
1950 to
1950 to
1961
y ' V
nurcha^e
Shepwill receive
of
or
a
mul¬
to
for
from
City Sch.
bonds
1611—were
p.
awarded
Series
Due
1.93%.
Dated Feb.
Nov.
on
1
from
1950 to
cinnati,
1971
Manor
(P.
O.
Elmwood
1952 to
Place}, Ohio
Bond
Offering
o r
01 h y
water
Stubbs, Village Clerk, will receive
sealed
bids
noon'(EST) on
May 5 for the purchase of $200,000 3% sewer
improvement, Se¬
ries A bonds.
Dated May 1, 1949.
Denomination $1,000.
Due $10,000
or
ed
to J, A.
1
Bidders
to
the
name
from
rates of interest,
expressed in
multiple of y4 of 1%. Interest
Bond
J-D.
nati,
1,400,000 recreation,
ries
bonds
fourth
2s.
as
se¬
Due
on
Sept. 1 from 1950 to 1971 in¬
clusive.
200,000 Zoological Garden,
ond series bonds as 2s.
400,000 city hospital, third series
bonds as 2s.
Due on Sept. 1
from 1950 to 1972 inclusive.
600,000 police and fire station,
on
as
2s.
Due
Sept. 1 from 1950 to 1974
inclusive.
850,000
bridge
bonds,
from
as
first
series B
2s.* Due
1950
to
Sept. 1
inclusive.
on
1974
Viaduct
as
Bridge,
2s.
Due
Sept. 1 from 1950 to 1974
inclusive.
1,900,000 general
ries
B
bonds
sewer,
as
2s.
first
Due
se¬
on
Sept. 1 from 1950 to 1974 in¬
clusive.
1300}000 Cuyahoga
im-
provement, second series B
bonds as 2s.
Due on Sept. 1
from 1950 to 1974
inclusive.
1%
A
cer¬
of the bonds
Bond
ford,
date
were
Due
Offering —W.
bids
Clerk
until
second
Bland-
2 V2 s,
$1,000.
from
Dec.
a
Due
to
,
A
to
name
interest,
certified
payable to
Sale
$1,-
to
1959
the
nati,
1949.
as
2y4s.
Due
on
&
Dated
Dec.
.
.
Bond
Mansfield), O.
—were
Inc.,
&
inclusive.
bidder
The
was
sec¬
Ryan,
and
12,000
inclusive,
1954
^
,
Due. $3,000
bonds.
to .1954 inclusive.
1951
are
the bonds authorized
election
certified
held
check
amount bid is
April 15.
of the
on
for
2%
required.
;
>
Washita County, Lake Valley Con.
School District No. 4 (P. O.
R. R.
Gotebo), Okla.'
Bond
Offering—F. F. Morgan,
District Clerk, will receive sealed
bids until 8 p.m.
(CST)
May 2
on
for the
purchase of $7,500 build¬
ing and furniture bonds. Due $1,from
1952
$1,500
in
2%
to
1957
inclusive,
certified
A
1958.
of the
amount bid
is required.
-
•
•
•
»
Wilburton,
* 't
■
Okla.
Bond Sale—The $175,000 build¬
bonds offered April 25—v.
169, p. 1718—were awarded to a
ing
syndicate
composed' of
SmallCo., of. Wichita, - R. 3>
Edwards, Inc., C. Edgar Honnold,
Q'f
Securities Co. of Kansas, of
awarded to
a
p.
group
1498
com¬
Oklahoma
Wichita, at
City, and the
price
a
of; par.'Due
from 1952 to 1973 inclusive.
Stranahan, Harris & Co.,
Braun, Bosworth
Inc., and Ryan, Suther-r
Co., of Toledo, as follows:
as
a
iy2s, at
basis
a
of
OREGON
Clackamas County Sch. Dist. No. 53
(P. 0. Colton)f Ore.
Bond Sale Details—The $60,000
school
•v
,
.
to
Due $4 000
$2,000 in 1955.
sewer
These
at the
1951
follows:
as
both
$55,300 street bonds,
; price
of/ 100.53,
about L34%. :
1954
from
'
of Toledo,
Co.,
divided
First
April 19—v. 169,
posed of
The
bonds,
Toledo, Ohio
Sale—The $247,300 bonds
.
'
about
highest
1,
1950
^
'
Milburn
13/4S, at
to
from
A
the
inclusive.
land &
1950
March
1
of
required.
$18,000 water bonds;
check for
check
the Village,
Bank,
of
Mansfield, as
a price of 100.25, a basis
1.67%,
Dated April 1,
1949.
Denomination $2,000. "Due
$2,000 on April and Oct. 1 from
terest
and
O.
1966,.;
2%
bids
000
(P.
Co., of Cincin¬
tional
; ond
for
—
to. 1963
awarded to the Citizens Na¬
were
Cleveland,
Township
J. A. White
ex¬
$20,000 fire
protection bonds offered April 23
—
The
First
was
Sale
The $16,000 fire
protection bonds offered April 21
—v. 169, p.
1498—were awarded
offered
Monroe Twp. (P. O.
Corp.,
15
Bellbrook), Ohio
is required.
Bond
Oct.
on
is
for
May 2 for the purchase of
$30,000 not to. exceed 3 %•% in¬
&
Due
$4,000 ' in
until
A
fire
pur¬
City
Bond
from
price of 101.21.
Bond
of Education,
Clerk,r will .receive, sealed
Nov.
on
Co., of Cincin¬
price of 100.595,
about 2.16%.
Dated
Sugarcreek
on
multiple of y4 of 1%;
J-D.
$100,
of
a
on
for
Shawnee, Okla.
Offering—S. Flynt,
2.63%;
receive
(EST)
1950
Bidders
rates
or
pressed in
for
1
at
check
building and furr
Due / $15,000
in
check
amount bid
award¬
$20,000
highest bidder
Cleveland
C.
noon
Denomination
inclusive.
Interest
of
au¬
held
May. 4 for the
on
bonds.:
certified
a
Village, is- April 15, 1949.;
will
000
rate
basis
a
May 7 for the purchase of $10,000
4% fire fighting apparatus Cou¬
pon bonds.
Dated Dec. 1, 1948.
on
White
certified
clusive, 'and
inclusive.
The
—
2y4s, at
as
were
1952; $5,000 from 1953 to 1965 in¬
$30,000
about
1979
(CST)
Dated
from 1950 to 1962 inclusive.
Village
sealed
J. A.
A
bonds
election
of the Board
niture
20
protection bonds offered April 21
169, p. 1498—were awarded
Louisville, Ohio
of
River
Clerk
—v.
required.
sec¬
inclusive.
check for
cost.
bid for, payable to the
Due
Sept. 1 from 1950 to 1972
third series bonds
tified
without
Sale
the
Mulhall Sch. Dist., Okla.
Offering—E. W. Moritz,,
improvement bonds
to
at
Bond
White & Co.; of Cin¬
2s/4s, at a price of
1950
inclusive, and $3,000
chase of $84,000
Spring Valley Twp. (P. O. Spring
Valley), Ohio
rate
county fair
$3,500 from
Due
2% of the amount bid is required.
'
The
—
cinnati, as
101.39, a basis of
Dated May 1, 1949.
to
third
Due
Sale
on same
interest
These
April -12.
Oct. 1 from:
on
Dec. 1 from 1950 to 1969 inclu¬
sive.
April
2.81%.
Due
works
offered
until
1957
1958.
thorized
Bid¬
1967 inclusive.
Additional
D
—
2J
A certified check for 2%
is required.
1952 to
Co., of Cin¬
price of 99.31,;
a
about
April 1, 1949.
Golf
purchaser
2s.
of
,
4%.
p.m.
offered
2%s, at
as
basis
a
until
amount bid
bonds.
in
to Chas. A. Hinsch &
inclusive.
bids
on
exceed
1718—were awarded
p.
/ ;
Granf ill,
will; receive sealed bids until 8.
bonds
169,
—v.
1, 1949.
sealed
ground
of
Sale—The
B
■
Bond Offering — Burl
Mays,
County Clerk, will receive sealed
bids until 2 p.m. (CST) on
May 2
for the purchase of
$27,500 pot to
Constance
$182,000 elec¬
tric light plant mortgage
revenue,
to
\v
v
McCurtain County (P. O. Idabel),
Oklahoma
•
;
Reading, Ohio
cinnati, will be furnished to the
airport,
as
of the
A certified check for $1,200,
to the Board of Educa¬
Bond
20—v.
Sept. 1 from 1950 to 1969 in¬
bonds
clusive.
.
April
,
May 3 for the pur¬
chase of $20,000
building bonds/
Due $5,000 from 1954 to 1957 in¬
Dist., Ohio )
offered
(CST)
p.m,
interest,
multiple of V4 of
a
-
and
Education,
will-receive
the rate of
name
$1
District, Okla.
Offering—J. L.
Clerk of the Board of
veterans'
1969 inclusive.
Calumet School
'
Bond
payable
The approving opinion of
Peck, Shaffer & Williams, of Cin¬
series
name
25 for the
—
purchase
1950 to
1%;
the
clusive.
•
;::C^Ht:AHOIWIA
v
'
expressed, in
on
550,000 municipal
the
ders to
certified
A
,
$120,000
3% building bonds. Dated May 15,
1949.
Denomination $1,000..
Due
$3,000 on May ,15 and Nov. 15
rates
in
1%.
12
interest
inclusive.
to name the rate of
in¬
terest, expressed im a.,multiple, of
y4 of 1%.
A certified check for
$50, payable to the Village Treas¬
urer, is required. .'L( !
.-•**
: '
Meacham, Clerk of the Board of
Education,, will receive
sealed
bids until 8 p.m. (EST) on May
noon
expressed
to
$12,500,000
Bond Offering
4%
Bidders
of)
bonus bonds.
;
exceed
building (bonds. Dated
Dec. T from 1950 to 1967
for
until May
of
to
June .1, 1949.
Denomination
000.
Due $1,000 on-June 1
interest, ex¬
Ohio (State
received
be
not
municipal
tion, is required.
a
inclusive.
000
Randolph Local Sch. Dist., Ohio
$100, payable
Village, is, required.
on
600,000 park, fourth series bonds
as
iy>s.
Due on Sept. 1 from
bids until noon (EST-/
on
May 16 .fo,r the .purchase of
$36,-
Bond Offering—Sealed bids will
Ohio
for-
follows:
,
50,000 cemetery
kert,
$145,000,
payable to the Village, is required.
'Gordon
the rate
of
check
Offering—Norman ^ BanVillage Clerk, will receive
sealed
multiple of y4 of 1%.
a
'
Ohio
Dated Nov.
Bidders
rates
or
certified
A
(EST),on
May 2 for the purchase of $12,300
4%
street
improvement bonds.
Dated May 1, 1949. Denomination
$500, except one for $300.' Due on
May 1 from 1950 to 1974 inclusive.
name
rate
pressed in
Offering—Charles
pard,. Village Clerk,
at a
interest
as
city's portion, series B
paving bonds as iy2S. Due on
.Sept. 1 from 1950 to 1959 in¬
on
$400,000 water
and
inclusive.
1959
the
Co., both of New York.
Coal
Bond
169,
net
a
first series bonds
Washington, N. C.
Bond
Co.
bonds;
coupon
f-
Bond
1, 1948. Denomination $1,450. Due
$1,450, on Sept. 1 from 1950 to
below),
1.916%,
200,000 Central
lotte.
&
Graves &
about
100.5299,
clusive.
sewer
of
awarded
about
on
1 from
Trust Co.
Co., Carl M. Loeb, Rhoades & Co.,
both of New York, Northwestern
National
Bank, of Minneapolis,
First
National
Bank, St. .Paul,
First National Bank, Minneapolis,
Courts & Co., of Atlanta, Breed &
Harrison,
of
Cincinnati,
Paul
$500,000
•
York,
same
,
Ohio
Canton,
on
dated May
are
aynesburg,
Co., Cincinnati.
North
Halsey, Stuart & Co., Chicago, as
2s, at a price of 100.67, a basis of
shown
of
of
Due
Sale—The
sewer
New
$7,900,000 bonds
April 28—v. 169, p.
headed by the Harris Trust
Savings Bank of Chicago (other
&
White &
Bond Sale—The $325,000 build¬
1959 inclusive.
Bond
Trust' &
Offered
1949, and due Nov. 1 from 1950 td
1959 inclusive.
■
; v ;
May 1, 1949.
Due on Nov.
1, 1950 to 1974 inclusive. The sec¬
ond
highest bidder was J.
A.
Georgia, of Atlanta, Detmer: &
Co., of Chicago, Stern Bros. &
Co., of Kansas City, Marine Trust
Co., of Buffalo, F. S. Smithers &
ing
cate
of Atlanta.
and
of
Delaware
on
price of 100.59.
Dated
were
Cleveland, Ohio
was
Wadesboro, N. C.
Harris
*
\
The $70 000
—
were; awarded to the Cleve
All the bonds
Fahey-, Clark & Co., for 2%^
at
Asso¬
—
'
a
of
Co.,, of Cleveland as
iy4s, at a .price of 100.26, a basis
of about'T.12%.'
;'v"
> 5 <•:/ •
s
was
a
bonds
'
,
Sale
at
basis
a
-
land' Trust
.
check
not
were
satisfactory bids
no
1718—were
from 1970 to 1976 inclusive.
of
exceed
Bond Sale—The
1964 to 1969 inclusive.
All
as
March 1 from
on
the
interest,
tiple of y4
$16,-
date
&
iy>s
as
1.34%.
sidewalk
23
White
A.
Bond; Offering —L ester L.
Portland, John Nuveen' Beaucher, Village Clerk, will re¬
sealed
bids ' untili'f noon;
Co., of Chicago, Fahey, Clark ceive
Co., of Cleveland, F. S. Moseley (EST) on May 6 for-the purchase
sanitary trunk
Co., Chas. E. Weigoid & Co., of; $14,500 ,3 %
&
OHIO
1955 to 1963 inclusive.
»
to
assmt.
spec,
March 1 from
on
with
of
Sold—The
1954 inclusive.
54,000 2V4s. Due
105,000
not
Not
J.
to
al Bank of
received.
follows:
Towner, N. D.
April
offered
bonds
awarded
of
Additional
man, Sachs & Co., Kidder, PeaNewton Local Sch. Dist., Ohio
body & Co., Stranahan, Harris &
Co., Inc., Braun, Bosworth & Co.,
Bond Sale—The, $150,000 build¬
Inc., Field, Richard & Co., Salo-; ing bonds offered April 21 — v.
mon Bros.
& Hutzler, and Hemp¬
160; p. 1718—were awarded to
hill, Noyes & Co.
Braun,
Bosworth
&
Co.,
Inc.
Bidders to
Warrants
$20,000
Co.; of Cincinnati, as 21/2sr at a
price of 101.54, a basis of about
2.29%; The second highest bidder
sealed
May 15,
$1,000.
Due
on July 15, as follows:
$2,800,000
in 1950; $2,850,000 in 1951; $2,900,1949.
Vance
Securities
Corp., of
Greensboro, J. Lee Peeler & Co.,
of Durham, and Kirchofer & Ar¬
nold Associates, Inc., of Raleigh,
at a price of par, a net interest cost
as
lighting
were
- ^
y
street
Sterling, Ohio
Sale—The
Bond
Blyth & Co., Inc., New/York, and
including, among others; Gold¬
Syndicate
bonds,
100.53,
sewer
price
Mount
dated May
syndicate; headed by
a
Successful
World War II adjusted compensa¬
tion
the
2.541%,
by
price '•i 30,000
a
abOUt
$7,900,000 bonds to
bear 2% interest, reflecting a net
interest cost of about 1.922%, was
made
for<2, at
of 100.36.
1950 to 1974 inclusive.
are
Monday, May 2," 1949
Sutherland & Co.,
se¬
Sept.
on
1, 1949. Second high bid of 100.912
of)
The Industrial
—
CHRONICLE
Savings Bank in the purchase of
the bonds are the following: Chase
bids at the Governor's office until
Bank,
of
New
York,
2 p.m. (CST) on May 11 for the National
Northern Trust Co., of Chicago,
purchase of $27,000,000 not to ex¬
First Boston Corp., First Nation¬
ceed
1%% interest veterans of
Commission
the
A
awarded
NORTH DAKOTA
as
about
-
for the entire
1, 1949. The second
highest bidder was R. S. Dickson
& Co., Branch Banking & Trust
North Dakota (State
2s. Due
as
All of the bonds
1
May
on
from 1974 to 1981 inclusive.
May 1
of 100.179
3s, a net in¬
2.98%, was
made by an account composed of
John
Nuveen
&
Co., and the
the
1973 inclusive.
Dated May
dated
are
1 from
1
May
on
23/4s. Due
as
opening, fifth
ries bonds
2.69%.
1978 inclusive.
bonds
terest
Due
FINANCIAL
&
350,000 street
1 from
Peeler
$56,000 2%s. Due
The
2%s.
as
from 1954 to
offered
awarded
i
COMMERCIAL
THE
(1934)
162,000 street bonds, as l%s, at
a
price of 101.09, a basis of
about 1.55%.
bonds
purchased by the
Portland,
previously^noted in v..;
-
First National Bank, of
as
2%s,
as
169, p. 651, were sold at 100.19, a.'
basis of about 2.72%.
THE
Number 4799
169
olume
olumbia County Sch. Dist. No.
(P. O. St. Helens), Ore.
Pottstown, Pa.
2
Bond
Sale Details—The $250,-
Bond
COMMERCIAL
Offering—Dow
Borough
I.
Sears,
will
Manager,
receive
FINANCIAL
&
CHRONICLE
previously noted in v. 169, p. 1611,
were sold
at a price of 100.02, a
basis of about 2.58%, as follows:
(1935)
Springfield,
Bond
Tenn.
1, 1949. Denomination $1,000. Due
on
Details—W. E. Hut-
Sale
•
lyth
•
County Sch. Dist. No. 48
Lane
Grove), Ore.
(P. O. Cottage
Bonds Sold—An issue of $10,000
3s, at a
as
apolis,
the
Redmond, Ore.
Sale—An issue of $50,000
Bond
States National
Bank of Portland, as 2V2s, at a
price of 100.57, a basis of about
2.37%. Dated April 1, 1949 and due
sealed
follows: $3,000 from
inclusive; $4,000 in
1956, and $7,000 from. 1957 to 1960
illusive. Bonds due April 1, 1954
and thereafter are callable on said
chase
April 1;
as
1955
to
1950
date, or-on any
subsequent interest
payment date. Principal and in¬
terest (A-O) payable at the City
Treasurer's office.
Second high
bid of 100.32 for 21/2 s was made by
the State Bond Commission.
(DST)
4%
r
the
er
on
Due $80,000
1950 to 1959 in¬
clusive.
Bidders to name the rate
or rates of interest, expressed in
multiple of V4 of 1%. Interest
J-J.
A certified check for 2% of
a
the amount of the
Due
$6,000 on July 1 from 1952 to 1967
inclusive.
All bonds maturing
at
Plains
at any interest date after
Principal and interest
date.
payable at the City Treasurer's of¬
fice. A certified check for 2% of
O.
(P.
Township
ceive
bids
sealed
O.
Bolt), S. Dak.
Mikkelson,
'
improvement
coupon
1949.
De¬
nominations $500 and $1,000. Due
bonds.
Dated
.
5,
May
required.
Washington County School Distritrt
prior to maturity. The approving
opinion of Township's attorney,
together with the printed bonds,
will be furnished to the purchaser
expense
of the Township.
p.
.
fered
on
awarded
—were
Rejected
—
The
1827—were not sold as all bids
rejected.
Pa.
District,
School
improvement bonds of¬
April 27—v. 169, p. 1827
and
Bids
the
to
-
Berks
Reading, as
Bond
Offering
Clerk
Court
auction
10:30
at
—
a.m.
(CST)
(P. O. Forest Grove,
Route 1), Ore.
t
eral
$190,000 gen¬
to
obligation bonds offered April
1827—were awarded
Loudon County
Coraopolis, Pa.
— Edward
Bond Offering
(P. O. Loudon),
Tennessee
& Co., and
Robinson
Aspden,
Offering
Bond
—
1
N.
the
for
9
100.97.
York,
Sale
Bond
for the
S. P. Dannel,
purchase
Maury County (P.
Columbia), Tenn.
Pa.
The $350,000 im¬
—
purchase of $155,000 gen¬
provement bonds offered on April
obligation coupon bonds. A
26—v. 169, p. 1719—were awarded
certified check for $3,100 is re¬
to the Chase National Bank, and
eral
Bond
on
June 1 from 1950 to
1959 inclusive.
Bidders to name
the rate of interest, expressed in a
Judge, will receive
sealed bids until 11 a.m.
(CST) on
multiple of Vs of 1%. The approv¬
ing opinion of Townsend, Elliott &
Munson,:of Philadelphia, will be
delivered
charge to the
purchaser.. 1 A certified check for
2% of the face amount of the
bonds, payable
Peters
P-
D.
Bond
to
the
Sch. Dist. (P. O.
2 Canonsburg),
Pennsylvania
Offering — The District
until 8:30 p.m. (EST) on
'
purchase
bonds.
Phenix National
at 0.67% dis¬
The
count.
Providence
National
Bank, second high bidder,
a
named
rate of. 0/78%:.
Notes
are
dated April 28,
Denomination ~ $25,000.
1949.
Due
by Ropes, Gray, Best, Coolidge
of
May 5 for
$150,900 - school
.
man
Rauscher, Pierce & Co., of
County.
the
of
A certified check for 2%
bonds,
to
payable
Bond
Dillon, S.
revenue
Sale
Crawford
&
the
$160,000
C.% L"
awarded to the
,net interest
purchased by G. H.
on
reflect¬
cost of about
Dated Feb. 1, 1949.
Feb. 1 from 1954 to
Co., of Colombia, as clusive.
•
1719
Equitable
Securities Corp., on a bid
a
Seymour Ind. Sch. Dist., Tex.
City, on a bid reflecting a net in¬
wards & Co., of
1,
1950 to
1949.
Due
&
Co.,
on
No.
91
Texas
Dittmar
interest cost of about 2.84%.
Due
1974 in¬
Road District
O. Georgetown),
(P.
The
bid reflecting a net
a
Fort Worth.
Williamson County
10
May
on
1974 inclusive.
Sold—An issue of $750,-
Bonds
County Road Dist. No.
16
bonds has
construction
road
000
composed of
Co., of San
been sold to a group
Ellis
$400,-
improvement bonds
has been sold to William N; Ed¬
school
000
Dated
Rauscher,
was
Bonds Sold—An issue of
1828 — were awarded to the
R. J. Edwards, Inc., of Oklahoma
road bonds was sold to R. A. Un¬
Pierce &
Underwood, Neuhaus &
Co., of Houston, and Russ & Co.,
of San Antonio, as follows:
derwood & Co., of
$230,000
Rauscher,
(P. O. Waxahachie), Tex.
Bonds Sold—An issue of
Dallas,
Antonio,
$76,000
as
2y4s
and 2y2s.
195,000
Gainesville, Tex.
issue of
waif sold
bonds
000
and
325,000
First
the
to
Due
May
May 1
on
inclusive.
1971 to 1979
Dated
Dated
March
Legality
1, 1949.
approved by Dumas, Huguenin &
1949. Denomina¬
1,
$1,000. All of said bonds ma¬
turing in 1965 to 1979, are optional
on and
after May 1, 1964 at par
and accrued interest.
Principal
Kermit
(M-N) payable at the
Treasurer's office.
These
bonds were authorized at the elec¬
and interest
State
Boothman, of Dallas.
Indep. Sch. Dist., Tex.
tion, held
Bond Sale Details—The
$1,400,000
school bonds purchased by
Kermit State Bank, of Kermit, at
price of par, a basis of about
as follows: $280,000 as 2s;
$130,000 as 2y4s, and $990,000 as
2y2s, as previously noted in v. 169,
p. 955—are dated March 15, 1949,
and
approved as to legality by
McCall, Parkhurst & Crowe, of
Dallas.
High Sch. Dist., Tex.
$125,-
Bonds Sold—An issue of
school bonds
sold to the
was
Securities
Columbian
Corp.,
of
2%s. Dated Feb.
15, 1949.
Legality approved by
Dumas, Huguenin & Boothman,
San Antonio, as
of Dallas.
and
sewer
author¬
bonds
ized at the election held on
March
previously noted in v. 169,
awarded to
1720—were
Co., of San Antonio.
Navarbo County (P. O.
T exas
Russ
^
Corsicana),
Y. Cunning¬
Bond Offering—E.
ham, County Auditor, will receive
sealed bids until 11 a.m.
Independent
Wilson Consolidated
School District,
awarded
on
of
April 25
*•
.
.
+
was
to the Co¬
lumbian Securities Corp. of Texas,
ing
Antonio,
on a
bid reflect¬
net interest cost of about
a
15,
April
follows:
to
1972,
in
1950
15, as
and
1951,
1952 to 1956, $3,000 in
1961,
$4,000
in
to
in 1969
1973 to
in
$7,000
1962
1975,
in 1977 to
and $10,000 in 1980 and 1981.
in 1976, 9,000
!,000
1979,
dated
are
1949. Due April
$500
$1,000 in
1957
bonds
The
3.108%.
All of said bonds
maturing April
15,
1970 to 1981, are optional at
par
and accrued interest on
April
15, 1969, or any
interest payment
date thereafter.
Principal and in¬
terest
payable at the Mercantile
National
Bank,
bonds are part
hospi¬ proved
tal, series 1949 bonds. Dated June
t
t
'
<
$150,-
bonds
house
schoiol
000
Texas
issue
Sale—An
Bond
of
Dallas.
a
These
total issue of
$550,000
not to exceed 2lk% interest
.
Cutler,
(CST) on $175,000 authorized at the election
held on March 12. ^ legality ap¬
May 2 for the purchase of
i
Legality
23.
of Chicago.
to
Linden, Tex.
water
April
1967, $5,000 in 1968, $6,000
Sale Details—The $75,000
Bond
on
approved by Chapman &
of San
Lamesa Rural
*
inclusive.
tion
45,000 baseball park bonds.
as
23/4s.
as
from
Co., of Dallas^ as 3s
3y4s, at a price of par, as fol¬
1
1
2y>s. Due on May
as
from 1964 to 1970
$145,-
$100,000 swimming pool bonds.
000
as 23/4s. Due on May
1950 to 1963 inclusive.
from
Bonds Sold—An
5,
Series 1949 bonds
April 22—v. 169, p.
ing
con¬
repair and equipment
April 25—v. 169,
p.
&
offered
bidder
& Co.
Pierce
offered
bonds
p.
works revenue,
details—The $60,000 2.70%.
bonds
Sale—The
struction,
Sale—The $150,000 water
—were
SOUTH CAROLINA
/
1, 1949. The second
highest
Texas
by the
County Trustee, is required.
Rugg, of Boston.
Bond
Sch. Dist.,
Indep.
Crystal' City
Morristown, Tenn.
&
clusive.
Dated May
will be
& Cutler of Chicago,
furnished to the purchaser
on
No.
Secretary will* receive sealed bids
the
the
Township Sept. 15, 1949. Legality approved
is required.
Twp.
F.
to
awarded
of
free
Treasurer,
York, jointly, as l%s,
Bank of Providence,
50,000 street • bonds.
Due
on
April 1 from 1950 to 1969 in¬
been
Dallas.
a
Mackey, Dunn & Co., both
Township
inclusive.
$45,000
bonds has
sewer
2.45%,
Offering—Hugh Lee Web¬
County
ster,
O.
May 28 for the purchase of $50,000
of New
not to exceed 3%
interest me¬
at a price of
(P. O. Wallingford), Pa.
100.25, a basis of about 1.34%. morial bonds. Dated July 1, 1949.
Bond Offering—J. Paul Palmer, Dated May 1, 1949. Due on May 1
Denomination $1,000. Due $5,000
Secretaryyof the Board of Town¬ from 1950 to 1967 inclusive.
on July 1 from 1950 to 1959 inclu¬
ship Commissioners, will receive
RHODE ISLAND.
r sive. Bidders to name the rate or
sealed bids until 8 p.m. (DST) on
rates of interest, expressed in a
May 5 for the purchase of $50,000
Cranston, R. I.
improvement coupon bonds. Dated
Note Sale—The issue of $125,000 multiple of y4 of 1%. Interest J-J.
June 1, 1949. Denomination $1,000.
notes
offered * on April 28 was The approving opinion of Chap¬
Due
quired.
$5,000
sold to
County Judge, will receive sealed
bids until 9 a.m. (CST) on May
G. Applegate &
Cutler, of Chicago.
Co., jointly, for 2y4s, at a price of
Secretary, will
bids until May 10
Providence
and
lows;
"
Co., and
Borough
City, Tex.
Southwest
of $130,000
highway bonds. Dated April 1,
1949. Due $26,000 on April 1 from
second highest bidder was Hemp¬
1955 to 1959 inclusive.
Legality
hill, Noyes & Co., R. C. Schmertz
will be approved by Chapman &
&
George
PENNSYLVANIA
Nether
water
on
chaser.
25—v.. 169, p.
-
sealed
Archer
Bonds Sold—An issue of
a
Sale —The
clusive.
70,000 fire station bonds.
Due
on April 1 from 1950 to 1969
second highest bidder was
public
at
works and sewer
improvement bonds. Due 011
April 1 from 1950 to 1969 in¬
$350,000 water
TEXAS
May
The County
sell
will
lows:
100.75, for 2y4s.
was
from
Fayette County (P. O.
Somerville), Tenn.
.
of San Antonio, as fol¬
of Texas,
$80,000
terest cost of about 1.83%.
$122,500 school Dolphin & Co., both of Philadel¬
April 25 were phia, jointly, as 2y4s, at a price of
awarded to Blyth & Co., of Port¬
101.19, a basis of about 1.99%.
land.
The second highest bidder Dated May 1, 1949. Due on Nov. 1
was First National Bank, of Port¬
from 1950 to 1968 inclusive.
The
receive
bid
Bond
were
Sale—The
Weaver,
est
tax-
and
bridge bonds has been
sold as 2y4s, at a price of 101.50,
basis of 2.03%.
The second high¬
Dak.
$75,000 not to exceed 4% interest
bonds offered on April 25—v. 169,
Sale—The $450,000 build¬
Bond
ing
S.
Plankinton,
TENNESSEE
offered
land."
road
ject to prepayment or redemption
on
any
interest
payment date
\
Reading
Bond
Bond
Tennessee
Bonds Sold—An issue of
$470,000
supported bonds offered April 22
—v.
169, p. 1720—were awarded
to the Columbian Securities Corp.
County (P. O. Sparta),
on
May 3 an issue of $65,000-not to ex¬
price of 100.041;31 a basis
Washington County Sch. Dist. No. 2 of about 1.243%. Dated May 15, ceed 3% interest highway equip¬
ment
and
road
building bonds.
(P. O. Cornelius), Ore.
1949 and due on May 15 from 1951
Dated May 1, 1949. Due on May 1,
Bond Sale—The $122,500 school to 1959 inclusive. Second high bid
as
follows: $8,000 from
1950 to
bonds offered April 25—v. 169, p. of 100.577 for l%s was made by
1956 inclusive, and $9,000 in 1957.
1827—were awarded to Blyth & Stroud & Co., of Philadelphia.
The approving opinion of Chap¬
Co., of Portland. Dated Jan. 2, 1949
Ross Twp. (P. O. Pittsburgh 29), man & Cutler, of Chicago, to be
and due on Jan. 2 from 1950 to
Pennsylvania
furnished and paid for by the pur¬
1969 inclusive.
bondk
White
Tex.
Odessa,
Sale—The
Bond
postponed.
May 5 from 1950 to 1959
inclusive. The bonds will be sub¬
$2,000
at the
purchase of $15,000 fire apparatus
coupon bonds. Denomination $1,000. A- certified check for 2% is
iy4s, at
No. 10
$150,000 not to exceed 3% in¬
road
bonds,
originally
scheduled for sale on April 29,
was
(CST) on May
2 for the purchase of $20,000 not
to exceed 4% interest funding and
highway
principal amount of the bonds,
payable to the county, is required.
of
the
ed bids until 8 p.m.
3 for the
May
County Trust Co., of
required.
the bid is
<
(P.
Township
the
12. A certified check for 2% of
Postponed—Sale
terest
Offering—Ed.
Bond
1
Offering—Joseph Poczat-
Bond
July 1, 1954, shall be callable
par
bid, payable to
City, is required.
to
Township Clerk, will receive seal¬
bids ko, Township Secretary, will re¬ ,,'i Sealed
May 9 for
1, 1949. Denomination $1,000.
that
1,1949.
July 1 from
on
City
purchase of $96,000 storm sew¬
and paving bonds. Dated July
after
-
1951
from
1
Sale
Bond
Plains), Pa.
Recorder, will receive sealed
(PST)
re¬
noon
May 18 for the pur¬
$800,000 not to exceed
refunding
bonds.
Ore.
Bond Offering—K. R. Gile,
until 7:30 p.m.
will
until
bids
Tie-
on
of
Georgia
>
t
interest
Dated June
>-•
Springfield,
re¬
J.
Jan.
on
1954 inclusive.
La
Controller,
City
ceive
due
and
,
Offering—Frank
mamv
on
'
Philadelphia, Pa.
'
,
is
Treasurer,
,
.
payable to
bonds,
the
Borough
Bond
the United
to
of
quired.
bonds was awarded on April
water
26
certified check for 2% of the face
amount
& Co., of Minne¬
1.90s. Dated May 1, 1949
as
The approving
determined.
opinion of the State AttorneyGeneral, and McCall, Parkhurst &
Growe, of Dallas, will be fur¬
nished
to
the purchaser by the
county, These bonds were author¬
ized at the election held on April
O.
Weakley County (P.
Dresden), Tenn.
Dain
M.
free
privately
was* sold
price of .par.
bonds
school
J.
to
will be furnished
of charge to'the purchaser. A
1719—were awarded
26—v. 169, p.
Philadelphia,
bank in the City of Corsicana,
a
to be
improvement bonds offered April
Elliott & Munson, of
of Townsend,
.
c
$22,000 in
(J-D) payable
cipal and interest
at
—
The approving opinion
■
follows:
as
from 1967 to 1969 inclusive. Prin¬
•
1 %'.
1,
1951; $23,000 in 1952 and
1953; $24,000 in 1954 and 1955;
$25,000 in 1956; $26,000 in 1957 and
1958; $27,000 in 1959; $28,000 in
1960
and
1961; $29,000 in 1962;
$30,000 in 1963; $31,000 in 1964 and
1965; $32,000 in 1966, and $33,000
Co., of New York, Dempsey
& Co., of Chicago, and the Cin¬
cinnati Municipal Bond Corp., of
Cincinnati, were associated with
•'
of
June
1950 and
ton &
sealed bids until 7:30 p.m. (EST) $16,000
2y4%
combined
water
school bonds purchased by
on
works and
May 9 for- the purchase of
sewerage
system
& Co./ and the United
bonds.1
*
states
National Bank, both* of $100,000 street improvem't bonds.
Dated May 15, 1949. Denomination
26,000
2 y> %
combined
water Fox, Reusch & Co., of Cincinnati
ortland, jointly, as 4 previously
in the purchase of $660,000 natu¬
works and
sewerage
system
oted in v. 169, p. 1827—were sold $1,000. Due $5,000 on.May 15 from
1950 to 1969 inclusive. Bonds ma¬
ral gas system revenues, Series
bonds.
n a
bid reflecting a net interest
1949 bonds, as previously noted,
ost of about '2.79%.
Dated May turing on or after May * 15, >1955,
18,000
23/4%
combined
water
shall be callable in whole or in
v.
169, p. 1828i The bonds were
1 1949.
Due on May 1 from 1950
works
and sewerage
system
sold at a price of 100.06, a basis of
to
1967 inclusive. • The second part, in the inverse numerical or¬
v;
bonds.
der of maturity; at* par and ac¬
about 3.54%, as follows:
highest bidder was the First Na¬
crued interest on May 15, 1954, or
SOUTH DAKOTA
tional Bank, Portland, and Atkin¬
$211,000 as 33/4s.
Due on May 1
from 1952 to 1964 inclusive.
son-Jones & Co.,' and Associates, any interest paying date there¬
DeSmet, S. Dak.
after. -Bidders to name the rate, of
on a bid reflecting a'net interest
449,000 as 3%s.
Due on May 1
The $32,000 street
interest; expressed in a multiple of >4 Bond Sale
cost of about 2.88%. • ":
! ^ 1
from 1965 to 1967 inclusive.
00
59
by
Dumas,* Huguenin &
Dallas.-'t
Boothman, of
«0
VERMONT
Bond
tion
Vt.
sealed bids until 2 p.m.
(DST)
not
to
2 V2 %
exceed
school coupon bonds.
on
102% -of
interest
der
Dated May
to
the
in
par
of
to
1960
value
•
inverse
the
after*
April
and interest
Black
$6,000 from 1960 to 1969 inclusive.
Bidders to name a single rate of
interest, expressed in a multiple
of y4 of 1%.
Principal and in¬
terest (M-N) payable at the First
National Bank, Boston.
The ap¬
proving opinion of Storey, Thorndike, Palmer & Dodge, of Boston,
furnished
in
Principal
1959.
State
Laramie
The
aproving opinion
of
bonds
chaser.
1935-39
average
Adjusted for
169,
to
the
awarded
State
Bluffs,
2V2S, at
as
21—v.
Dated
was
Co., Milwaukee,
at
•
•
Industrial
Pine
of
Bank,
second
highest bidder
National
Growers
Amelia County
'
Bond
(Pi O. Amelia), Va.
Offering
Blanche
—
Bond
L.
Offering
City
bids
Zimmerman, Clerk, County School
will receive sealed bids
Clerk,
until
4:30
until 2
(EST)
p.m.
purchase
6%
exceed
of
191
f—4 CO
185
196
200
$190
193
197
226
229
$222
224
228
1168
173
177
$164
168
173
1133
148
142
$128
143
169
181
*
Total
not
interest
school
000
to
im¬
Bidders to
bonds,
divided
$68,fol¬
as
20,000
const,
sewer
Due
from
1950
sive...
1959
-
at
the
State
Planters Bank & Trust Co., Rich¬
.
of interest, expressed
of y4
in a multiple
1/10 of l%. The approv¬
or
opinion of Wood, King &
Dawson, of New York City, will
ing
be furnished
certified
the purchaser. A
to
check
for
*
2%
*
of
the
of the
amount
bonds, payable to
the County School Board, is re¬
quired.
'
-
*
-
Bonds
000
22,
sold
&
Co.,,
a
basis
2s, at
as
of
May 1, 1949.
follows:
a
price of 100.77,
about
1.54%.
Due
•.
issue
Sale—The
3 %%
97.0°.
Construction
second
Daly
price of
a
from
1956
to
King George), Va.
Bonds Sold—An issue of $150,©00 school building bonds has been
1,
Lewis
jKQld to
bonds
These
E.
Smoot of Osso.
authorized
were
the election held
at
Nov. 6, 1948.
on
1960
WEST
1954
Bond
Offering—Okey
Governor,
teson,
&
i;
Patreceive
contract
Bond
Offering
The
—
Clerk,
€00
bids
until
to
exceed
Dated
4%
interest
Dec.
will
7:30
$50,000 town
sealed
(MST)
not
denominations.
nominations $1,000 and $500.
$80,000
on
Dec. 1 from 1949 to 1973 inclusive.
Bidders
to
the
name
terest, expressed in
rate
of
exceed
bonds.
Dated
on
Bank,
New
York.
The
Bond
Sale
April 21
1950
$500
1954
1954
„
A-1935 to C-1938 (matured)
disposal plant
on
April 1, as
$500 from 1950 to
and
1959
to
$1,000
inclusive.
1
PIPE
30
Broad
New
of
of
v
Series
the
close
-
of
bonds
awarded
offered
March
to
the
Nationale,
of
as
Mon¬
follows:
1965 inclusive. Dated Dec.
business
May
£0.
1949.
242
and
and
—
Series
Redeemed
tAmount
'
Outstdg.
f
184
$1,903
'
'
-
274
95.53 r'o
11632
'
21.47
438
$2,733
$2,161
55.84
P
t206
206
$187
186
201
200
192
$208
200
193
P
$124
107
137
till
96
125
$149
154
178
$192
189
201
154
and
glass
$202
products
,
178
211
204
products
248
$228
233
248
and
products—
$142
157
175
125
147
303
143
177
a
143
17T
113
<■
lamb
102
115
food products-
6.414
6,554
49.46
—4,844
5,244
48.02
1.684
2,730
1,150
2,942
685
3,519
10
912
69
a
90
68
92
a
93
91
86
G2
a
95
89
117
123
117
123
145
141
a
161
158
127
122
$112
128
156
131
1141
149
manufactured
121
$170
168
167
$151
152
149
$160
137
155
t88
86
85
$150
foods
veg.„
159
$167
$151
159
167
$144
\
'
coal
$56,171
.
$23,348
$32,823
A-E
163
174
192
$86
99
98
*86
155
149
139
$220
$222
$156
$211
$172
170
194
200*
185
*
154
$189
.
166
a
Chemicals
a
$61,066
$26,081
1,540
4
F
and
G-1942—
and
G-1943—
F
and
G-1944
F
and
G-1945
and
G-1946
and
$34,984
42.71
176
$288
$242
...
164
a
237
250
143
154
$130
Rayon
$293
309
203
$421
434
$184
•
258
1.282
154
'
products
./
'
140
$293
303
303
433
$421
434;
433
188
205
$184
188
205
155
146
$93
chemicals
132
$136
Industrial
142
97
t
Fuels
coal..
J
636
2.576
19.81
1
*'
2,685
20.69
Iron
622
3.092
2,738
13.24
2,998
316
2,683
179
2,410
6.91
3,034
41
2,993
108
$52
74
168
169
$161
168
169
110
118
1.35
523
0
97
74
108
10.54
2,589
142
*
16.75
418
t93
146
155
$136
t52
Metals
700
.
$161
Crude petroleum
16.75
252
141
$139
—
164
237
251
$244
250
1139
176
•
,
140
3,156
——_
_
(3 months)
166
491
t288
133
3,211
_
G-1948
154
200
185
•
a
$130
3,384
•
G-1947—
and
t2U
170
194
tl72
Soap—
3,713
______
_
$222
$220
$189
•
v
F
145
491
...
Paints—
Bituminous
Series
153
146
41,57
\
Anthracite
G-194I
154
157
150
151
—
By-product
Beehive
40.87
-
G:
and
192
98
$153
products..
-
——
174
99
publishing
consumption
and
120
163
production
Coke
1.08
115
85
tl62
"
16.29
922
;101
$114
and
28.10
114
115
$153
fruits
38.15
4,092
116
131
89
!
a
leathers-
a
a
a
115
108
a
leathers.....
V
122
a
Paper and products.
Paperboard
48.13
175
157
tl42
305
a
flour
Petroleum
248
120
a
and
233
a
Shoes
Newsprint
238
275
leathers
Processed
169
$209
213
t228
•
168
147
kid
Manufactured
160
168
303
kip
and
*
125
a
Sheep
v.
tl66
305
—_
products
and
.
.
176
120
textiles.
and
196
"
275
consumption
deliveries
Goat
>
143
151
224
Rubber
Series
F
27.31
5,760
months).
Series
F
1,118
202
123
t216
Printing
.
115
177
Other
240
202
——
Calf
283
242
201
222
Leather
262
$251
■
206
a
Wool
•
t241
283
$128
MINERALS
Series
and
Series
420
184
589
+208
refining:
.
Cotton
19.93
109
199
755
-
202 V
186
$149
Newsprint
-■
190
234
$206
products..
clay
Rayon
41.43
1,002
207
219
■'267
720
•240
•
$173
Amt. Issued
$89
447
-
232
'
/
266
$117
Wheat
'
»
r,
*
.
589
Abrasive and asbestos products
Redeemed of
4,204
—.
Mar.
$187
products
Meatpacking
—
tPreliminary.
74
82
$89
a
ore
81
77
a
;
"Data not yet available.
FREIGHT CARLOADINGS
(1935-39 average
523
=
100)
Coal
$24,150
All
Series—Total
Total
4
$3,169
$20,981 *
13.12
:
—
„
matured
98
79
124
98
187
162
175
198
$164
111
100
Grain
129
112
113
109
128
$1,992
$1,903
$89
83,352
27,459
55.893
95.53
""
T
32.94""
77
75
79
61
60
62
117
112
146
117
107
146
Ore
236
185
$173
68
46
$50
136
150
131
-61
$73
61
Miscellaneous
Merchandise,
♦
—
bonds
139
Livestock
17
t
Total
,*kfss ^an $500,000.
Ulncludes
__
,
^
124
174
Forest products
matured—«
Unmatured *
►
Grand
79
Coke
'
1949.
;C. O. BELL, Secretary.
tAmount
4,045
Unclassified sales and redemptions!
£8,
262
$241
products
Gypsum and plaster
v
5.345
E-1948
Total Series F and G
April
$251
Cement
to totals)
.
LINE
this
"
Clay
as
1, 1948.
t234
190
234
-•••
Stone,
Dec. 1, from 1959 to
on
2,796
1
Total Series E
1948
Feb.
r
'
207
-
219
755
Furniture
$15,-
4,414
E-1947
*
Mar,
Mar.
267
.
199/
Smelting
Dec. 1 from 1949
on
232
•
202
Lumber
basis
a
10,088
Series E-1946
Without
<
1949
•
720
_j._
Machinery
Banque
0,841
(3
,
'
$28,000 im¬
11,105
12,968
Series E-1949
compiled
Seasonal Adjustment
-.
•
Electric
Nonferrous metals and
price of 98.40,
a
3^s, due
$4,894
E-1945
Series
$85,345
$29,362
^Includes accrued discount.
which
at
'
Open hearth
Textiles
547
E-1943
,
at
;
E-1944
Series
Companv Ms
this day declared
dividend of Twenty '20c)
Cents
per
share oti
the
outstanding capita,
litock, payable June 15. 1949 to shareholders oi
record
The
—
1,538
Series F
Street
York.
Directors
1959
inclusive, and $13,000
1,079
E-1942
Series
COMPANY
Board
•>
^
266
...—
Gasoline
Series F and G-1949
The
1950 to
__
equipment
Automobiles (inch parts)
3s, due
as
1958
1,270
E-1941
Series
index
v..--
1948
,
Feb/'
a
Fuel oil
Series
Series
DIVIDEND NOTICE
BUCKEYE
Steel
basis
a
E:
Series
THE
to
$1,992
;
__
centered
100)
=
'
'
$234
steels—-——;
Transportation
Sale
were
tAmount
—
D-1941
Series
inclusive,
Due
1955
in
,
D-1939
Total
inclusive.,
from
from
1
A-D:
Series
1955 to 1969
17,500 sewage
follows:
Jan.
on
t
Series
inclusive.
...
Due
Issued
Series
Series
follows:
as
,and $1,000 from
bonds.
$2,500
.
offered
Due
"
Adjustedfor',U V.
Mar.
.J
Pig iron—
of about 3.19%. Dated Jan. 1, 1949.
000
Due
Total Series A-D—
bonds
to
price of 98.68,
a
of about 3.55%.
De¬
1
'
from
follows:
as
payrqlls
and
-
'
Series
The $35,000 2V2%
1,
3s, at
treal, at
sewer
Series
$17,500 water works bonds.
April
as
Canadienne
on
1949.
Series D-1940 —'
price of 100.85, a basis of about
1.88%, as follows:
on
1,
averages,
~
and
Iron
(Dollar amounts in millions—rounded and will
not necessarily add
were awarded to Harley,
& Co., of Madison, at a
Hayden
May
^
•
MANUFACTURES
Credit
Savings Bonds Issued and
Redeemed Through March 31, 1949
Earth, Wis.
—
the
United States
is required.
obligation
general
average
-—1949
Cattle hide leathers
WISCONSIN
Black
to
;
Tanning
ap¬
of the bonds bid for, pay¬
able to the State,
awarded
were
a
proving
opinion
of
Caldwell,
Marshall, Trimble & Mitchell, of
New York, will be furnished to
the purchaser. A certified check
for 2%
1,
interest
in¬
multiple of
\k of 1%.
Principal and interest
(J-D) payable at the State Treas¬
urer's office, or at the National
City
May
4%
-
.,
Seasonal Variation
"
Anglo-Francais, Ltd., of Montreal,
28
May 9 for the purchase of $36,500
to
122
*"
'
Lumber
Tarver,
1, 1948.
Coupon bonds injf>l,000 denomi¬
nations convertible into fully reg¬
istered bonds of $1,000 and $5,000
Due
28
provement
receive
p.m.
adjustment,
index, without seasonal
Labor Statistics./,
of
improvement bonds offered March
Bond
Ethel
3-month, moving
on
Employment
by Bureau
"
inclusive.
Wyo.
—
303
INDUSTRIAL PRODUCTION,
Trois-Pistoles, Que.
City
bonds.
based
indexes
Rose, Que.
Bond Sale
WYOMING
(EST) on
May 3 for the purchase of $2,000,not
inclusive, and
Optional May 1,
Gillette,
sealed bids until 1 p.m.
load
from
$13,000
Cutler, of Chicago.
'
285
265
available.
yet
not
(1935-39
Ste.
to
1959. Legality approved by Chap¬
L.
will
$12,000
inclusive;
$14,000 in 1969.
VIRGINIA
Virginia (State of)
1963
from 1964 and 1968
man
West
inclusive;
to
227
a
284
309
117
month, of F. W. Dodge data for 37 Eastern
figures, shown in Federal Reserve Chart Book,
'QUEBEC
as
inclusive; $11,000 from 1957
1961
§256
274
286
*Data
§Estimated.
402.0
111
0
■
King George County (P. 0.7
126
120
358.4
315.7
130
§272
^
$10,000
357.9
403.2
313.6
a
States.
To convert indexes to
multiply total by $410,269,000,
residential by $184,137,000 and all other by $226,132,000.
;
'
V
'
'.■;
' ■
•
A.
R.
138.4
goods
goods
Department store stocks, value
offered April
to
188.1
133.9
a
Freight carloadings—
Department store sales, value—
22,
:
Co., of Toronto, at
160.3
177.7
$132.4
NOTE—Production, carloadings, and department store- sales indexes based on
daily averages.
To' convert durable manufactures/- nondurable - manufactures, and
minerals indexes to
points in total index, shown in Federal Reserve - Chart Book,
multiply durable by .379, nondurable by .469, and minerals by .152.
$35,000
awarded
were
&
153.2
$174.4
137.7
a
Durable
value
26
$150.9
188.4
133.9
Nondurable
Dated
July
on
160.1
153.5.
178.3
Dated
May
on
Due
water works bonds
$9,000 from 1950 to 1953
inclusive;
.
was
156
204
payrolls-
tPreliminary.
Bond
April 19 to Halsey^ Stuart
on
Sold—An
ONTARIO
$225,-
109
176
$150.7
Factory
Cochrane, Ont.
bonds
revenue
1949.
'
Sold—An issue of
water
of)
1949.
Monroe, Wis.
the rate
name
<■
«
'
inclu¬
.
\
,*
148
203
$174.7
April 21, at 0.50%.
on
April
bonds.
to
employment—
Totql
$75,000,000 Treasury Bills were
sold
$48,000 street imp. bonds.
Bills
Treasury
of
payable
mond.-
1%%
Canada (Province
182
-
123
$131.8
on
lows:
provement, Series of 1949 coupon
bonds.
Dated May 1, 1949.
De¬
nomination $1,000.
Due $10,000
on
May 1 from 1950 to 1959 in¬
clusive.
Principal
and
interest
<M-N)
(CST)
146
207
*.1
All other
CANADA
136
value—
contracts,
Construction
price of 100.80.
a
188
'
1—
Minerals
Chey¬
Bank,
189
t223
—i
Nondurable
Factory
Smits,
sealed
May 4 for the purchase of
May 9 for
on
$100,000
I.
p.m.
Board,
the
A.
receive
—-
will
3s, at
enne, as
Wis.
Mar.
OO
Residential
De Pere,
Feb.
$193
Durable
Stock
was
1943
Mar.
Mar,
.
Manufactures-
Due on July
July 1, 1948.
t
,
1 )49
production—
Total
price of par.
a
Feb.
Mar.
1 from 1951 to 1960 inclusive. The
a
price of 100.80.
VIRGINIA
Without
inal Ad jus
1948
1949
Total
highest bidder
for all other series.
100
=
$15,000 funding
April
Farmers
by the purchaser.
Milwaukee
pur¬
offered
1500—were
p.
waukee, together with the printed
second
'
'
average =
Seasonal Variation
bonds, will be furnished and paid
The
-
.
100 for factory employment and payrolls;
1923-25 average —• 100 for construction contracts;
1939
County Sch. Dist. No. 5
Bond Sale—The
Lines, Spooner & Quarles, of Mil¬
for
follow:
ago,
BUSINESS INDEXES
(P. O. Albin), Wyo.
Black
Bank,
a year
Treasurer, is required.
on
(A-O) payable at the
Earth
Earth.
1,
ployment
month and
the Town
to
payable
$1,725,
Federal Reserve System issued
industrial production, factory em¬
and payrolls, etc. The indexes for March together with a
April 27 its monthly indexes of
cn
A certified check
the Town.
by
purchaser
of Governors of the
Board
The
Myles P. Tallmadge of Denver,
for
or¬
Federal Reserve March Business Index
opinion
The approving
will be furnished to the
accrued
numerical
interest payment dates
on
or
1949.
Denomination
$1,000.
Due on May 1, as follows: $7,000
from'lOSO to 1959 inclusive, and
be
maturing
subject to redemption at
are
interest
1,'
will
issue
1969
inclusive.
of
Bonds
and"$500.
Monday, May 2, 1949
FINANCIAL CHRONICLE
&
1950, and $8,500 from 1951 to 1954
April 1, 1949. Denomina¬
$1,000
each
Offering—Henry L. Hunt,
Treasurer,
will receive
May 3 for the purchase of $130,000
Dated
-
*Vergennes Graded Sch. Dist.,
District
COMMERCIAL
THE
(1936)
have
not
been
$55,982
^Current
presented for
34.40
redemption
payment.
values
,
■
•"
;
.
Federal
<
•.,
»
convert coal
Reserve
60
;
*
NOTE—To
in
138
l.c.l
-
Chart
•
and
Book,
$Revised.
^
•4,
*
.*
■
miscellaneous
multiply
$143
,138;
58
]-
73
r
indexes.to points In
coal
by
,2X$ and
total!index,
sho'^
miscellaneous by -543
■
@FedFRASER